HomeMy WebLinkAboutORD 96-46 - 1995/96 Budget"! � 1 1� : ► i
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AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN
CONFLICT THEREWITH,
VdIEREAS, increases in revenues and services demands have resulted in 1995/96; and
VdIEREAS, these increases have resulted in higher than anticipated expenditures; and
VVIIEREAS, awards and closeout proceeds for grant projects were received for disbursement; arl
VdIEREAS, Park improvement budgets require adjustment to meet current year project demands, and
VaIEREAS, contract costs for sanitation services in September are accrued, and
REAS, the note receivable for Reedholm was increased, and
VdIEREAS, the changes were unknown and unforeseeable at the time the fiscal year 1995/96 budget
was approved; and
VMEREAS, the City Charter allows for changes in the Annual Operating Plan by a Council of a majority
plus one in emergency situations;
NOW, BE IT ORDAINED k ! OF OF
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 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.
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.
SECTIOI�T 3.
All ordinances and resolutions,or parts of ordinances and resolutions, in conflictOrdinance
are hereby repealed, and are no longer of any force and effect.
If any provision of ordinance or application - • to any person or - shall be held
invalid, such invalidity shall not affect the other provisions, or application thereof, of this ordinance which
can be given effect without• provision or application,. • to this end the provisions
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.
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Sandra D. Lee
City Secretary
AS TO FORM:
AttorneyCity
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By: Leo W
Mayor
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Revenue
Electric Sales
Fund Balance
I!1
Expenses
Operations -Transfer SRF 10,000
Operations - Revenue based transfers 100,000
Operations - Contracts 9151000
Revenue
Fund
Expenses
Operations
•EM
Revenue
Lease Payments
repayments
Expenditures
TCF
$ 0
l We
$ 56,975
56,975
$ 0
1995/96 Budget Amendment No.
1-4
Revenue
Program revenues $ 80,000
Expenditures
Operations - transfer out Capital 309000
Operations - programs 50,000
s• ,
Revenue
Transfer In - City match
Grant revenue
Operations - COPS grant
•Mrffm MI,
30,000
Fund Balance $ 20,000
Expenditures
Transfer out Capital 20,000
Excess revenue over expenditures $ 0
To fund the athletic complex for the Hike and Bike trail in the 95/96 budget