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Home My WebLink AboutORD 2011-15 - 2010/11 Operating Plan BudgetORDINANCE NO. C) 0 ) 1 15 AN ORDINANCE AMENDING THE 2010/11 ANNUAL OPERATING PLAN ELEMENT (BUDGET) DUE TO CONDITIONS THAT RESULTED IN EXCESS FUND BALANCE AT THE END OF FISCAL YEAR 2009/10, PROJECTS RELATED TO MAY 2011 CERTIFCATES OF OBLIGATION BOND ISSUE, AND ADJUSTMENTS RELATED TO FUNDING FOR THE ARTS, EQUIPMENT PURCHASES, FUEL COSTS, EMPLOYEE PAY AND STAFF ADJUSTMENTS ; APPROPRIATING THE VARIOUS AMOUNTS THEREOF; AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH. WHEREAS, the addition of expenditures related to funding for the art, equipment purchases, fuel costs, employee pay and staff adjustments using 2009/10 excess fund balance will increase costs in the General Fund and WHEREAS, the addition of capital expenditures for fire equipment and facility construction using bond proceeds will increase costs in the General Capital Projects Fund; and WHEREAS, the addition of expenditures relating to fuel costs using 2009/10 excess fund balance will increase cost in the Tourism Fund; and WHEREAS, the addition of capital expenditure for fire equipment will increase costs in the Fleet Fund to be funded with a transfer of bond proceeds; and WHEREAS, the addition of expenditures relating to fuel costs using 2009/10 excess fund balance will increase costs in the Facilities Maintenance Fund; and WHEREAS, the addition of expenditures relating to fuel costs and employee pay using 2009/10 excess fund balance will increase costs in the Joint Service Fund; and WHEREAS, the addition of expenditures relating to fuel costs, allocation for staff adjustments and grant match for capital expenditures using 2009/10 excess fund balance will increase costs in the Airport Fund; and WHEREAS, the addition of expenditures relating to fuel costs, allocation for staff adjustments and employee pay using 2009/10 excess fund balance will increase costs in the Electric Fund; and WHEREAS, the addition of expenditures relating to fuel costs and allocation for staff adjustments using 2009/10 excess fund balance will increase cost in the Stormwater Fund; and WHEREAS, the addition of expenditures relating to fuel costs, allocation for staff adjustments and employee pay using 2009/10 excess fund balance will increase costs in the Water Fund; and WHEREAS, these circumstances have resulted in net higher than anticipated expenses; and WHEREAS, the changes were unknown and unforeseeable at the time the fiscal year 2010/11 budget was approved; and 2010/2011 Budget Amendment Page 1 of 3 L:\ Division\ finance \Share2\AGENDA\2011 \MuniAgenda\April 12\April 2011 BA - Ord inance.doc Ord WHEREAS, the City Charter allows 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 OF GEORGETOWN, TEXAS, THAT: 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. SECTION 2. The amendment to the 2010/11 Annual Operating Plan 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, 2010, and ending September 30, 2011. A copy of the amendment is attached hereto as Exhibit "A ", and incorporated by reference herein. SECTION 3. The total of $6,139,950 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 12th day of April, 2011. 2010/2011 Budget Amendment Page 2 of 3 L:\ Division\ finance \Share2 \AGENDA \2011 \MuniAgenda\April 12\April 2011 BA - Ordinance.doc bra 4sQ2ali 1s PASSED AND APPROVED on Second Reading on the 26th day of April, 2011. APPROVED AS TO FORM: � v^ Mark Sokolow City Attorney L TYOFG-ORGETOWN: �� d =-� '_� By: Gel, ge Garver Mayor 2010/2011 Budget Amendment Page 3 of 3 LADivision\Mnenoe\Share2V\GENDA12011\KXuniAgendoV\pri|12V\ph|2011 BA-0rdinanoe.doo EXHIBIT A Annual Operating Plan Element (Budget) Amendment LADivision\finance\Share2\AGENDA\20111MuniAgenda\April 121[2011 BA April-Exhibit.xls]A General Fund Revenues/Sources: Fund Balance (572,550) Allocations (16,450) Expenditures 2010 Flood 250.000 Deputy City Manager 35.000 Video Equipment 20.000 Bond Election Education 20.000 Bonus Program 75.000 Arts & Culture 130.000 Fuel 59.000 Excess revenue over expenditures 0 General Capital Projects Fund Revenues/Sources: Bond Funds (4.525.000) Expenditures Fire Station 5 Construction 500.000 Pub!ic Safety Training Element 2.100.000 Fire Station 2 Construction 1.500.000 Fire Truck Fire Station 5 425.000 Excess revenue over expenditures 0 Tourism Fund Revenues/Sources: Fund Balance (240) Expenses Fuel 240 Excess revenue over expenses Fleet Fund Revenues/Sources: Bond Fund Transfer (425.000) Fund Balance (1.000) Expenditures Fire Truck Fire Station 5 425.000 Fuel 1,800 Excess revenue over expenditures 0 Facilities Maintenance Fund Revenues/Sources: Fund Balance * (1.000) Expenses Fuel 1,000 Excess revenue over expenses 0 Joint Services Revenues /Sources: Fund Balance $ (105,120) Expenses Bonus Program 100,000 Fuel 5,120 Excess revenue over expenses $ 0 Information Technology Fund Revenues /Sources: Fund Balance $ (200) Expenses Fuel 200 Excess revenue over expenses $ 0 Airport Fund Revenues /Sources: Fund Balance $ (223,300) Expenses Grant Match 222,500 Deputy City Manager Allocation 300 Fuel 500 Excess revenue over expenses $ 0 Electric Fund Revenues /Sources: Fund Balance $ (172,920) Expenses Bonus Program 150,000 Deputy City Manager Allocation 11,000 Fuel 11,920 Excess revenue over expenses $ 0 Stormwater Fund Revenues /Sources: Fund Balance $ (4,050) Expenses Deputy City Manager Allocation 450 Fuel 3,600 Excess revenue over expenses $ 0 Water Services Fund Revenues /Sources: Fund Balance $ (92,320) Expenses Bonus Program 75,000 Deputy City Manager Allocation 4,700 Fuel 12,620 Excess revenue over expenses $ 0