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HomeMy WebLinkAboutORD 2002-27 - 2001/02 Budgetr ORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN AMENDING THE 2001/02 ANNUAL OPERATING PLAN ELEMENT (BUDGET) FOR ADJUSTMENTS RELATING TO CAPITAL PROJECTS, ECONOMIC DEVELOPMENT FUNDING, POOL OPERATIONS AND TELE- COMMUNICATION INFRASTRUCTURE (TIF) LIBRARY GRANT FUNDING, APPROPRIATING THE VARIOUS AMOUNTS THEREOF; AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH. WHEREAS, the City of Georgetown has appropriated funds for projects in the 2000/01 Annual Operating Plan; WHEREAS, the timing of certain expenses that were appropriated in 2000/01 will actually occur in 2001/2002; WHEREAS, the Council has approved acceptance of a grant from the Telecommunications Infrastructure Board for Library automation; WHEREAS, the Council has approved a Convention and Visitors Bureau board recommendation to use existing hotel/motel occupancy tax revenue fund balance to increase funding for historical preservation, tourism advertising and the contribution to the Palace Theatre; WHEREAS, the Williams Drive Pool operations was not included in the 2001/02 Annual Operating Plan due to initial plans to relocate the pool; and WHEREAS, the need for these adjustments was not known at the time the fiscal year 2001/02 budget was approved; and 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. Budget Amendment No. I Oft 21061� a7 Page I of SECTION 2. The amendment to the 2001/02 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, 2001, and ending September 30, 2002. A copy of the amendment is attached hereto as Exhibit "A", and incorporated by reference herein. SECTION 3. The total of $2,621,815 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 23rd day of April, 2002. PASSED AND APPROVED on Second Reading on the 14th day of May, 2002. ATT fI: Y f f J Sandra D. Lee City Secretary APPROVED AS TO FORM: Patricia 'E Carls, Brown and Carls, L.L.P. City Attorney Buduet Amendment •') Page MW Mayor EXHIBIT A Annual Operating Plan Element (Budget) Amendment P:\ AGENDA\2002 \Budget \ (MY BA exhibit 2001-02.xls)A Stormwater Capital Improvements Fund Revenues/Sources: Fund Balance $ (385,000) Expenses: Capital Improvements 385,000 Excess revenue over expenses $ 0 Wastewater Capital Improvements Fund Revenues/Sources: Fund Balance (10110,000) Expenses: Capital Improvements 10110,000 Excess revenue over expenses $ 0 Water Capital Improvements Fund Revenues/Sources: Fund Balance $ (8154000) Expenses: Capital Improvements 815,000 Excess revenue over expenses $ 0 Economic Development Fund Revenues/Sources: Hotel/Motel Occupancy Tax Fund Balance $ (155,000) Expenses: Historic Preservation 50,000 Tourism Advertising 30,000 Palace Theatre 754000 Excess revenue over expenses $ 0 Telecommunication Infrastructure ajE) Library Grant Fund Revenues/Sources: Grant Revenue $ (92,713) Transfer In - Grant Match (10,302) Expenses: Grant Expenditures 103,015 Excess revenue over expenses $ 0 Information Resources Fund Expenses: Transfer out - Grant Match (Fund 570) 10,302 Network Hardware - Fund 570 (10,302) Excess revenue over expenses $ 0 General Fund Revenues/Sources: Pool Revenue - Williams Drive $ (23,800) Expenses: Council Contingency (304000) Pool Operational Costs, Personnel, Chemicals 53,800 Excess revenue over expenses $ 0