HomeMy WebLinkAboutORD 2001-41 - 2000/01 BudgetAMENDING THE 2000/01 ANNUAL OPERATING PLAN ELEMENT (BUDGET)
FOR ADJUSTMENTS RELATING TO CAPITAL PROJECTS, THE 2001 DEBT
ISSUANCE, MUNICIPAL COURT STAFFING AND THE PARKS MASTER PLAN;
APPROPRIATING THE VARIOUS AMOUNTS THEREOF; AND REPEALING
ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH.
WHEREAS, the City of Georgetown issued revenue debt in 2001 for the final phase of funding for
the Pecan Branch Wastewater Treatment Plan;
WHEREAS, the City has a capital projects contingency balance in the Airport fiend for construction
of projects at the Airport;
WHEREAS, the City wishes to use the balance of its General Debt Service fund to pay principal on
the 2001 debt;
WHEREAS, the City issued certificates of obligation towards facility expansion;
WHEREAS, funds available in Development Services can be used to fund a Parks Master Plan;
WHEREAS, Municipal Court workload necessitates the upgrade of a part time position to full-time,
funded through increased revenues;
WHEREAS, the need for these adjustments was not known 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 majority
plus one in emergency situations;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OR
GEORGETOWN,
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-Iike 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 $6,333,630 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 26`h day of June, 2001.
PASSED AND APPROVED on Second Reading on the 10"' day of July, 2001.
Sandra D. Lee
City Secretary
APPROVED i • '
� aC;kn I0QedeI•
Interim City Attorney
Mayor
Annual Operating Plan Element (Budget) Amendment
PAAGENDA12001lbudget\[MY 2001 BA Exhibit.xls]A
Airport Fund
Revenues/Sources:
Grant Revenue $ (114,910)
Capital Fund Balance (114,910)
Expenses:
Terminal Building 2291820
Excess revenue over expenses $ 0
Debt Service Fund
Revenues/Sources:
Fund Balance $ (365,010)
Expenses:
Principal Reduction 320,000
Interest Expense 451010
Excess revenue over expenses $ 0
General Capital Projects Fund
Revenues/Sources:
Bond Proceeds $ (4,940,800)
Expenses:
Bond Issuance Costs 1101800
Facilities CIP 41830,000
Excess revenue over expenses $ 0
General Fund
Expenses: Development Services
Personnel (71,500)
Expenses: Parks & Recreation
Contracts - Master Plan Expense 71,500
Excess revenue over expenses $ 0
General Fund
Revenues/Sources:
Municipal Court Revenue (61000)
Expenses:
Personnel 61000
Excess revenue over expenses $ 0
Wastewater Capital Improvement Fund
Revenues/Sources:
Bond Proceeds (792,000)
Expenses:
Bond Issuance Costs 42,000
Pecan Branch Construction 750,000