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HomeMy WebLinkAboutORD 97-30 - 96-97 BudgetAN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN AMENDING THE 1996/97 ANNUAL OPERATING PLAN ELEMENT (BUDGET) FOR VARIOUS MID YEAR ADJUSTMENTS AS OUTLINED AT THE MAY 271 1997 MID YEAR REVIEW REPORT TO COUNCIL; APPROPRIATING THE VARIOUS AMOUNTS THEREOF; AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT i go ' WHEREAS, the need for these adjustments was not known at the time the fiscal year 1996/97 budget was approved; and WIMREAS, 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 Finance Policy End of the Century Plan - Policy Plan Element, 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, N The amendment to the 1996/97 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, 1996, and ending September 30, 1997. A copy of the amendment is attached hereto as Exhibit "A", and incorporated by reference herein. SECTION 3. The total of $5,168,228 is hereby appropriated for payments of expenditures and payments of the funds and included in the Exhibit "A". 403 Budget Amendment No. 1 4 � u Page 1 of 3 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4 All ordinances and resolutions, or parts of ordinances and resolutions, in conflict with this Ordinance are hereby repealed, and are no longer of any force and effect.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 S. 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. 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 10th day of June, 1997. PASSED AND APPROVED on Second Reading on the 24th day of June, 1997. Sandra D. Lee City Secretary VED AS TO FORM: Marianne Landers Banks City Attorney Budget Amendment No. 3 0 Page 2 of 3 1 • • By. Leo Wood Mayor EXHIBIT "A" Annual Operating Plan Element (Budget) Amendment Texas Capital Fund Grants TCF Grants Special Revenue Fund Revenues - Xycarb Ceramics, Inc. $ (1,035,000) Expenditures - Xycarb Ceramics, Inc. 11035,000 Revenues - Schunk Quartz, Inc. (100350000) Expenditures - Schunk Quartz, Inc. 1,035,000 Revenues - Alu-Gut International, Inc. (11035,000) Expenditures - Alu-Cut International, Inc. 11035,000 Excess revenue over expenditures $ 0 To expend grant funds awarded after the adoption of the 96/97 Annual Operating Plan. All expected costs will be covered by the grants, so there is no net financial effect. Local Law Enforcement Block Grant Police Special Revenue Fund Revenue $ (10,958) Expenditures 102958 Excess revenue over expenditures $ 0 To expend grant funds awarded after the adoption of the 96/97 Annual Operating Plan. Matching requirement of $1,218 will be met within the Police Services operating budget. Staffing Adjustments Information Services Intema/ Service Ful Expenditures: Transfer Out - General Fund $ 200000 Information Services Dept. Personnel (20,000) Genera! Fund Revenues: Transfer in - from Information Services ISF (20,000) Expenditures: Information Resources Admin. Dept. Personnel 20,000 Excess revenue over expenditures $ 0 Transfer of .5 of a Full Time Equivalent (FTE) Position to the General Fund. The full time GIS Coordinator position in the Information Services ISF was reduced to .5 FTE and the .5 FTE Records Manager position in the IR Administration Dept. was increased to a full time position. The overall FTEs remain the same. Timing Adjustments Fire Operations personnel $ 111000 Police Patrol personnel 21000 Fund balance - prior year (13,000) Excess revenue over expenditures $ 0 Appropriation of 1995196 ending fund balance for expenditures paid in 1996/97 that actually occurred in 1995/96. Land Purchase Genera! Fund Expenditures: Land Purchase $ 2,0001000 Fund Balance (21000,000) Excess revenue over expenditures 1 0 Appropriation needed to record the purchase of the property in the Rivery by the General Fund. This expenditure is considered a special investment of the fund balance. Item increases overall budget. Total 1996197 budget increase is $13,000.