HomeMy WebLinkAboutORD 96-22 - Budget Mid Year Adjustmentof
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WHEREAS, the need for these adjustments was not known at the time the fiscal year 1995/96
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 COUNCIEL OF THE CITY
*F 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 Finance
Policy 1 of the Century Plan- Policy Plan Element, which states "The City will conduct all municipal
operations in an efficient business -like manner" 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 1995/96 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, 1995, and ending
September 30, 1996. A copy of the amendment is attached hereto as Exhibit A, and incorporated by
reference herein.
SECTION 3.
The total of $497,050 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are hereby repealed, and are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 1 Ith day of June, 1996.
PASSED AND APPROVED on Second Reading on the 25th day of June, 1996,
ATTEST':
Sandra D. Lee
City Secretary
Marianne Landers Banks
City Attorney
Budget Amendment No.;
Page 2 of 2
THE CITY OF GEORGETOWN:
ZAj.
By: Leo Wood
Mayor
EXHIBIT "A"
I* e1 FTC i�A
General Fund
Expenditures:
Library - Personnel
Information Resource Management - Operations
Water Fund:
Expenditures:
Council Contingency
Excess revenue over expenditures
0
Reclass previously appropriated budget for an additional staff person for the Library
evening/weekend shift.
FIRE STATION CONTSTRUCTION:
Fire Station Captal Projects Fund
Expenditures:
=
m
(61000)
U
Preconstruction expenditures $ 25,(=
Fund balance prior year (25,000)
Excess revenue over expenditures $ 0
Additional appropriation needed for architectural fees for the design of the Sun City station.
Funded from Fire SIP fees.
WASTEWATER CAPITAL PROJECTS FUND:
Wastewater Capital Projects Fund
Expenditues:
Serenada sewer extenstion project $ 1741000 k
Wastewater 95 Series TWDB Bond Fund
Fund balance prior year (174,000)
Excess revenue over expenditures $ 0
Additional appropriation needed for the Serenada sewer extension funded from previously
issued TWDB bond proceeds.
FACILITIES MAINTENANCE FUND:
Facilities Maintenance Fund
Expenditures:
City office remodeling project
Water Capital Projects Fund
Expenditures:
Cancelation of SIP funded project
Excess revenue over expenditures
(105,000)
Reclass of previously appropriated funds from canceled Water CIP projects to fund cost
overruns on City office remodeling.
Item increases overall budget. Total 1995/96 budget increase is $497,050.
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Information Services Fund
Revenues:
Other revenues
General Fund
Fund balance prior year
Electric Operating Fund
Fund balance prior year
Wastewater Operating Fund
Fund balance prior year
Water Operating Fund
Fund balance prior year
Excess revenue over expenditures
$ 200,000
(100,000)
(33,334)
(33,333)
(33,333)
$ 0
Appropriation of 1994/95 ending fund balance to pay cash for major capital purchases instead
of lease purchasing equipment.
SBA/Tree Grant Special Revenue Fund
Revenues:
State grant reimbursement $ 7 500 *
Expenditures:
Operations (15,000)
Electric Operating Fund
Expenditures:
Council Contingency 71500
Excess revenue over expenditures $ 0
Reclass of previously appropriated funds, as well as, additional appropriation needed for
state reimbursed grant program.
PARKS SPECIAL REVENUE FUND:
Parks Special Revenue Fund.
Revenues:
Parkland dedication fees
Expenditures:
Capital purchase - land Reata Trails
Excess revenue over expenditures
Additional budget authorization for park land purchase. Paid from existing parkland
dedication fee balances.
ADVANCED METAL SYSTEMS GRANT SPECIAL REVENUE FUND:
Advanced Metal Systems Grant Special Revenue Fund
Revenue:
State grant reimbursement
Expenditures:
Operations
Excess revenue over expenditures
Additional budget authority to expend funds associated with state reimbursed grant.
* Item increases overall budget. Total 1995/96 budget increase is $497,050,
�
(219000)
C
269,550 *
(269,550)
0