HomeMy WebLinkAboutORD 2005-82 - Budget Amendment#RDINANCE NO.11
AN ORDINANCE AMENDING THE 2004/05 ANNUAL OPERATING PLAN
ELEMENT (BUDGET) DUE TO CONDITIONS THAT RESULTED IN YEAR END
BUDGET VARIANCES; APPROPRIATING THE VARIOUS AMOUNTS
THEREOF; AND REPEALING ALL ORDINANCES OR PARTS OF
ORDINANCES IN CONFLICT THEREWITH.
WHEREAS, the City issued refunding debt in 2005 and made payments to a bond
escrow agent; and
WHEREAS, the City received grants for police and emergency services;
WHEREAS, the City received donations in excess of projections for the animal shelter
and public library; and
WHEREAS, these circumstances have resulted in higher than anticipated expenses; and
WHEREAS, the changes were unknown and unforeseeable at the time the fiscal year
2004/05 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 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. The City Council hereby finds that this ordinance implements the
following policy of the Century Plan - Policy Plan Element:
1. Policy Statement13.0, which states: "All municipal operations are conducted
in an efficient business -like manner and sufficient financial resources for both short-
term and long-term needs are provided", and further finds that the enactment of this
Ordinance is not inconsistent or in conflict with any other Century Plan Policies, as
required by Section 2.03 of the Administrative Chapter of the Policy Plan,
SECTION 2.
The amendment to the 2004/05 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, 2004, and ending
September 30, 2005. A copy of the amendment is attached hereto as Exhibit "A", and incorporated
by reference herein.
'ludget Amendment No. 1 044 01006"� X9
Page
SECTION 3.
The total of $9,534,000 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.
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 22nd day of November, 2005.
PASSED AND APPROVED on Second Reading on the 13th day of December, 2005.
W
Safidra D. Lee
City Secretary
APPgOVED O FOR
Patricia T. Carls, Brown and Carts, L.L.P.
City Attorney
Budget Amendment No, 1 ORDO
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Ordinance.doc
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CITY.-(' GEORGETOWN:
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Annual Operating Plan Element (Budget) Amendment
P:\AGENDA\2006\budget\[YE05BA ExhibitAs]A
General Debt Service Fund
Revenues/Sources:
Proceeds from Refunding Bonds
Expenditures
Bond Issuance Costs
Payments to bond escrow agent
Excess revenue over expenses
Library Donations Special Revenue Fund
Revenues/Sources:
Donations
Expenditures
Expenditure
Excess revenue over expenses
Police Special Revenue Fund
Revenues/Sources:
Grants
Expenditures
Equipment and Overtime
Excess revenue over expenses
Animal Services Special Revenue Fund
Revenues/Sources:
Donations
Expenditures
Animal Services Expenditure
Excess revenue over expenses
_Tourism Special Revenue Fund
Revenues/Sources:
Fund Balance
Red Poppy Festival Revenue
Expenditures
Trolley (encumbrance)
Red Poppy Festival Expenditure
Excess revenue over expenses
i
$ (91430,000)
186,000
9,244,000
$ (2,500)
2,500
�o
$ (50,000)
$ (14,500)
14,500
�v
$ (22,000)
(15,000)
22,000
15,000