HomeMy WebLinkAboutORD 2009-04 - 2007/08 Annual Operating Plan•
WHEREAS, the City purchased a building in September 2008 that will be funded with
bond proceeds issued in May 2009; and
WHEREAS increased fuel sales have resulted in greater costs in the Airport Fund; and
WHEREAS, the City received greater than expected revenue in the Library Special
Revenue Fund to be used to fund technology purchases; and
WHEREAS, the City received grant and insurance revenue in the FEMA Special
Revenue Fund to be used for expenses associated with the 2007 flood; and
WHEREAS, increased contract costs along with additional landfill cleanup costs have
resulted in greater costs in the Sanitation Fund; and
WHEREAS, existing fund balance is proposed to be used for the timing of facility
improvements; and
WHEREAS, these circumstances have resulted in higherthan anticipated expenses; and
WHEREAS, the changes were unknown and unforeseeable at the time the fiscal year
2007/08 budget was approved; and
WHEREAS, the City Charterallows for changes in the Annual Operating Plan by a Council
majority plus one in emergency situations;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
GEORGETOWN, TEXAS, THATs I
SECTION 1.
The facts and recitations contained in the preamble of this ordinance are hereby found and
declared to be true and correct, and are incorporated by reference herein and expressly made a part
hereof, as if copied verbatim.
,_ • r VA
The amendment to the 2007/08 Annual Operating Pian Element (Budget) of the revenues of the
City of Georgetown and expenses of conducting the affairs thereof, is in all things adopted and
approved as an addition to the previously approved budget of the current revenues and expenses
as well as fixed charges against said City for the fiscal year beginning October 1, 2007, and ending
September 30, 2008. A copy of the amendment is attached hereto as Exhibit "A", and incorporated
by reference herein.
Budget Amendment N•
Page of OWvi 044
SECTION 3.
The total
of $5,041,000
is hereby
appropriated for payments of expenditures and payments of
the funds and
included
in the Exhibit "A".
SECTION 4
All ordinances and resolutions, or parts of ordinances and resolutions, in conflict with this
Ordinance are hereby repealed, and are no longer of any force and effect. This ordinance complies
with the vision statement of the Georgetown 2030 Plan.
SECTION 5.
If any provision of this ordinance or application thereof to any person or circumstance, shall be
held invalid, such invalidity shall not affect the other provisions, or application thereof, of this
ordinance which can be given effect without the invalid provision or application, and to this end the
provisions of this ordinance are hereby declared to be severable.
SECTION 6.
The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest. This
ordinance shall become effective upon adoption of its second and final reading by the City Council
of the City of Georgetown, Texas.
PASSED AND APPROVED on First Reading on the 13th day of January, 2009.
PASSED AND APPROVED on Second Reading on the 27th day of January, 2009.
ATTEST: THVVITY OF G
;ssica Ha°mifto By: Gedirge Garver
ity Secretary Mayor
APPROVED AS TO FORM:
f
Patricia T� Carls, Carls, McDonald and Dalrymple, LLP
City Attorney
Budget Amendment,.
RGETOWN:
EXHIBIT
P:\AGENDA\2009\Muni-Agenda\Accounting\ 08YEBAFiNAL-Exhibit.xls]A
General Capital Proiects Fund
Revenues/Sources:
Bond Proceeds to be issued in May 2009 $ (31900,000)
Expenditures
Albertson's Building Purchase (net) 31900,000
Excess revenue over expenses $ 0
Library Special Revenue Fund
Revenues/Sources:
Donations $ (48,000)
Expenditures
Library expenses 48,000
Excess revenue over expenses $ 0
FE/VMA Special Revenue Fund
Revenues/Sources:
Revenue $ (200,000)
Expenditures
Flood 2007 expenses 200,000
Excess revenue over expenses $ 0
Facility Fund
Revenues/Sources:
Fund Balance $ (28,000)
Expenditures
Police Evidence Storage Building 28,000
Excess revenue over expenses $ 0
Airport Fund
Revenues/Sources:
Fuel Revenue $ (515,000)
Expenditures
Fuel Expense 515,000
Excess revenue over expenses $ 0
Sanitation Fund
Revenues/Sources:
Transfer in - General Fund $ (175,000)
Expenditures
Contract expense 120,000
Landfill cleanup 55,000
Excess revenue over expenses $ 0
General Fund
Revenues/Sources:
Fund Balance $ (1757000)
Expenditures
Transfer out - Sanitation 175,000
Excess revenue over expenses $ 0