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HomeMy WebLinkAboutORD 2000-30 - Mid-Year AdjustmentsM11 t 1 f 11 i i• t 1 ii .1 .+. iii • t� ►. 1, ,. 1 i 111 .' 1 . '•' i 1' .''�'i'' 1 it •' i i• 1 1 t :1 C WHEREAS, the City of Georgetown has received grants to expand existing services that were not appropriated in the 1999/2000 Annual Operating Plan; WHEREAS, the timing of certain expenses that were appropriated in 1998/99 will actually occur in 1999/2000; WHEREAS, the Fire Station 4 project has been expanded to include a County EMS facility; WHEREAS, the City has interest earnings from the 1998 debt proceeds that may be used for parks and police department improvements; WHEREAS, the City has collected the special court fee to improve court technology; WHEREAS, the need for these adjustments was not known at the time the fiscal year 1999/2000 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, 'el " f' BE ORDAINED BY THECOUNCIL OF .1 OF GEORGETOWN, 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 businesslike 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. EXHIBIT A Annual Operating Plan Element (Budget) Amendment PAAGENDAMOMMIDYEAR1 Mid Year BA Exhibit A.xlw]A _General Capital Projects Revenues/Sources: Fund Balance (interest earnings) $ (45,000) Expenses: , Hike n Bike Trail Lighting 45,000 Excess revenue over expenses $ 0 _General Capital Projects Revenues/Sources: Fund Balance (interest earnings) (18,000) Expenses: Emergency Generator for EOC 18,000 Excess revenue over expenses $ 0 _General Capital Projects Revenues/Sources: Contribution from County $ (80,000) Fund Balance (debt proceeds'99 CO) (45,000) Expenses: Fire Station 4 125,000 Excess revenue over expenses $ 0 Recreation Programs Special Revenue Fund Revenues/Sources: Granit revenue (Georgetown Project) (35,684) Expenses: Childcare programs 35,684 Excess revenue over expenses $ 0 NEU Budget Amendment No. 1 Page 3 of 4 \\GTOWN_2\DATAI\DIVISION\FINANCE\SHARE2\AGENDA\20001MIDYEAR\MID YEAR BA ORDINANCE REVISED.DOC Annual Operating Plan Element (Budget) Amendment Police Special Revenue Fund Revenues/Sources: Grant revenue (Safe Schools) $ (152,800) Expenses: Personnel (Police Officers) 75,000 Operations (training and supplies) 10,800 Capital (equipment and vehicles) 67,000 Excess revenue over expenses $ 0 Court Special Revenue Fund Revenues/Sources: Court technology fee $ (51000) Expenses: Equipment 5 000 Excess revenue over expenses $ 0 Stormwater Capital Improvements Fund Revenues/Sources: Fund Balance (from '98 CO debt proceeds) $ (221,500) Expenses: Capital Improvements 221,500 Excess revenue over expenses $ 0 Wastewater Capital Improvements Fund Revenues/Sources: Fund 'Balance ('98 debt proceeds & cash) $ (204,000) Expenses: Capital Improvements 2049000 Excess revenue over expenses $ 0 Water Capital Improvements Fund Revenues/Sources: Fund Balance ('98 debt proceeds & cash) $ (11535,273) Expenses: Capital Improvements 11535,273 Excess revenue over expenses $ 0 Budget Amendment No. I Page 4 of 4 \\GTOWN -2\DATA1\DIVISION\FINANCE\SHARE2\AGENDA\2000\MIDYEAP\NM YEAR BA ORDINANCE REVISED.DOC