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HomeMy WebLinkAboutORD 99-37 - Mid-Year AdjustmentsORDINANCE NO. '37 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN AMENDING THE 1998/99 ANNUAL OPERATING PLAN ELEMENT (BUDGET) FOR VARIOUS MID YEAR ADJUSTMENTS AS OUTLINED AT THE MAY 11, 1999 MID YEAR REVIEW REPORT TO COUNCIL; APPROPRIATING THE VARIOUS AMOUNTS THEREOF; AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH. WHEREAS, the City of Georgetown has received grants to expand existing services that were not appropriated in the 1998/99 Annual Operating PIan; WHEREAS, the demand for development has caused a need to expand Airport and Water capital improvements; WHEREAS, the timing of certain expenses that were appropriated in 1997/98 actually occurred in 1998/99; WHEREAS, equipment replacements for the Fire Department and the Street Department became a safety concern; WHEREAS, two staff have been transferred from Finance & Administration to Community Owned Utilities; WHEREAS, the need for these adjustments was not known at the time the fiscal year 1998/99 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 L The facts and recitations contained in the preamble ofthis 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 5.0, 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 P1anPolicies, as required by Section 2.03 of the Administrative Chapter of the Policy PIan. SECTION 2. The amendment to the 1998/99 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, I998, and ending September 30, 1999. A copy of the amendment is attached hereto as Exhibit "A", and incorporated by reference herein. SECTION 3. The total of $4,757,275 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 8th day of June, 1999, PASSED AND APPROVED on Second Reading on the 22nd day of June, 1999, ATT/HST: Sandra D. Lee City Secretary AS TO FORM: Marianne Landers Banks City Attorney Budget Amendment "40a 3 7 • - MAGENDA\99WIDYEARNY i ' D •ff. CITY OF By: MaryEllen Kersch Mayor i_ EXHIBIT A Annual Operating Plan Element (Budget) Amendment P:\AGENDA\99\MIDYEAR\MYBAEX.WK4 Convention & V5itor Bureau Fund Revenues: Grant revenue $ (31000) Expenses: Contracts 31000 Excess revenue over expenses $ 0 HOME Grant S -P Cb Revenue Fund Revenues ' Grant revenue $ (80,000) Expenses: Homebuyers assistance 80,000 Excess revenue over expenses $ 0 PQ-1ke Special Revenue Fund Revenues: Grant revenue (679775) Expenses: Personnel, Operations & Equipment 67,775 Excess revenue over expenses $ 0 Recreation Pro -grams Special Revenue Fund Revenues: Grant revenue (16,500) Transfer in from Council Contingency account (Water Fund) (20,000) Expenses: Personnel - Outdoor Youth Activities Coordinator 36,500 Excess revenue over expenses Grant revenue Expenses: Capital Improvements Excess revenue over expenses Page P:\AGENDA\99\MIDYEAR\MY.B—AMD.ORD $ (750,000) 750,000 EXHIBIT A (cont'd) Annual Operating Plan Element (Budget) Amendment A rWdEnd Revenues: Bond proceeds $ (880,000) Developer contributions (200,000) Expenses: Capital Improvements 110801000 Excess revenue over expenses $ 0 Fleet Fund 8 Streets SRF Revenues: Fund Balance (Streets SRF) $ (92,000) Expenses: Equipment Purchases (Fleet Fund) 92,000 Excess revenue over expenses $ 0 General Capital Projecfs Fund Revenues: Fund Balance (from debt proceeds) $ (10100,000) Expenses: Capital Improvements 11100,000 Excess revenue over expenses $ 0 Genera) Fund Revenues: Fund Balance $ (68,000) Expenses: Equipment Purchases 68,000 Excess revenue over expenses $ 0 JQftd Services F indMaterFundMastewater Fund Expenses: Personnel - Joint Services Fund (22,000) Personnel - Water Fund 110000 Personnel - Wastewater Fund 11,000 Excess revenue over expenses $ 0 Water Fund Revenues: Fund Balance (from debt proceeds) $ (11500,000) Expenses: Capital Improvements 11500,000 Budget Amendment Excess revenue over expenses Page 4 of 4 `" P:IAGENDAl99\MIDYEAR\MY B AMD.ORD