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HomeMy WebLinkAboutORD 2002-03 - Amending Budget 2000/01ORDINANCE NO. AN ORDINANCE AMENDING THE 2000/01 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, increased customers and weather conditions in 2000/01 have resulted in greater demand for services in the Electric Fund, Water Fund, Wastewater Fund, Airport Fund and Recreation Programs Fund 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 2000/01 budget was approved; and WHEREAS, the City Charter allows for changes in the Annual Operating Plan by a Council of a majority plus one in emergency situations; 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. The City Council hereby finds that this ordinance implements the following policy of the Century Plan - Policy Plan Element: 1. Finance Policy End 14.00, 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 2000/01 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, 2000, and ending September 30, 2001. A copy of the amendment is attached hereto as Exhibit "A", and incorporated by reference herein. SECTION 3. The total of $4,730,000 is hereby appropriated for payments of expenditures and payments of the funds and included in the Exhibit 44 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 11th day of December, 2041. PASSED AND APPROVED on Second Reading on the 22nd day of January, 2002. ATT d Sandra D. Lee City Secretary APPROVED AS TOj FORM: ,&1 ---' Patricia L Carls, Brown and Carls, L.L.P. City Attorney Page 2 of 3 P:\AGENDA\2002\YE01\YE01BA ORDINANCE.DOC CITY OF By: MaryEllen Kersch Mayor EXHIBIT A Annual Operating Plan Element (Budget) Amendment P:\AGENDA\2002\Ye01 \(YE01BAexhib1t.x1s)A =• n 54 VAT ,• Revenues/Sources: Electric Revenue Expenses: Purchased Power/Transfers/Franchise fees/operating Excess revenue over expenses Water Fund Revenues/Sources: Water Tap Revenue Water Revenue Expenses: Contracts/Water Treatment/ Transfers/Franchise fees Excess revenue over expenses Wastewater Fund Revenues/Sources: Wastewater Tap Revenue Wastewater Revenue Expenses: Contracts/Transfers/Franchise fees Excess revenue over expenses AiMort Fund Revenues/Sources: Fuel Sales Expenses: Fuel Purchases Excess revenue over expenses Revenues/Sources: Program Revenue Expenses: Program Expenditures Excess revenue over expenses Page 3 of 3 #p ! 1f �, 0 .: 4 ► 41P $ (4200,000) 4,200,000 $ 0 $ (100,000) (200,000) 300,000 $ 0 (50,000) (55,000) 105,000 $ 0 $ (65,000) $ 0 $ (60,000) 60,000 $ 0