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Home My WebLink AboutORD 94-37 - 1994/95 Budgeti' 1 i. 1; i i WHEREAS, the City Charter of the City of Georgetown, Texas, was amended by vote of the people in April, 1986 such that comprehensive planning was established as a continuous and ongoing governmental function; and WHEREAS, the City Council did, on March 8, 1988, adopt by Ordinance Number 880097 the Georgetown Century Plan - Policy Plan as the Comprehensive Plan for the City pursuant to Section 1.08 of the City Charter; and WHEREAS, Chapter 4-Administration of the Policy Plan establishes the means of implementing, revising, and amending adopted elements of the Century Plan; and WHEREAS, the City Manager of the City of Georgetown has submitted to the City Council a proposed Annual Operating Plan element ("Plan") of the Century Plan of the revenues of said City and expenses of conducting the affairs thereof and providing a complete financial plan for the ensuing fiscal year, beginning October 1, 1994, and ending September 30, 1995, and which said Proposed Plan has been compiled from detailed information obtained from the several departments and offices of the City; and WHEREAS, the City Council" i said City Manager's copy of such Proposed Plan and all supporting schedules have been filed with the City Secretary of of t ,e ! and WHEREAS, in accordance with Section 102.006 of the Texas Local Government Code, a public hearing was held on August 23, 1994, concerning such Proposed Plan; and such hearing was held giving all interested taxpayers an opportunity to be heard for or against any item or amount therein; and 1994/95 Annual Operating Plan Ordinance No. Page 1 of 4 ensuingWHEREAS, the City Council of the City of Georgetown is of the opinion that the Proposed Plan should be approved and adopted as the City's Annual Operating Plan element for the fiscal year;1' WHEREAS, the City Council has reviewed all adopted ends, means, and Functional Plans to develop the Proposed Plan and adoption of the Annual Operating Plan shall constitute an Annual Amendment to those elements; THEREFORE,BE ORDAINED BY ! OF OF GEORGETOWN, TEXAS, 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 implementsf 1, • Policies of Policy 1. Finance Policy 1, which states: "The City will conduct all municipal operations in an efficient business -like manner;" and 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 Proposed Plan of the revenues of the City of Georgetown and expenses of conducting the affairs thereof, providing a financial plan for the ensuing fiscal year beginning October 1, 1994, and ending September 30, 1995, as submitted to the City Council by the City Manager of said City, and the same is in all things adopted and approved as the Annual Operating Plan of the current revenues and expenses as well as fixed charges against said City for the fiscal year beginning October 1, 1994, and ending September 30, 1995. Exhibit "A" is the Plan distributed to Councilmembers August 18, 1994, incorporated by reference herein and Exhibit "B" outlining the changes thereto. 1994/95 Annual Operating Plan Ordinance No. ,F Page 2 of 4 SECTION 3. The amounts indicated for the following funds are hereby appropriated for payments of expenditures and payments of the individual funds: Airport • 1-11jebt Service r r Facilities Maintenance •I Fleet Management ' d General Capital • General1 Joint Services Fund Management Information Services Fund Sanitation Fund Special Revenue Funds Stormwater Drainage Funds Streets Capital Projects Wastewater Funds Water Funds ` uq"s 11,11ra ',•114 E� • SECTION 4. Adoption of this Ordinance shall constitute the Annual Amendment to the following adopted functional plan elements and shall establish a new effective date for these elements: SECTIONordinances an• resolutions,or pars of ordinances an• resolutions, conflict with this Ordinance are hereby repealed, and are no longer of any force and effect, SECTION 6. 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. 1994/95 Annual Operating Plan Ordinance No. Page 3 of 4 SECTIONthereby authorized to sign this Ordinance and the City readingSecretary to attest. This Ordinance shall become effective upon adoption of its second and final by • of of ^• •- •. UFAIRI 191•; D; . ...:• iII l�111111111 I I • .• iI to • •11 • 9112111414 ATTEST: -• ••4 City Secretary Marianne Landers Banks City Attorney 1994/95 Annual Operating Plan ordinance No. l' 7 Page 4 of 4 AMOUNT PROPOSED CHANGE Increase (Decrease) Increase Literacy Council contribution in the General Fund. General Government - Special Services & Legal 11500 2. Increase Streets Capital Projects for Sidewalk projects. Streets CIP - Sidewalks 20,000 Streets CIP - Rehabilitation (10,000) Council Contingency- Wastewater (10,000) 3. Increase Stormwater Curb and Gutter project. Stormwater Operating Fund - Curb & Gutter 10,000 Council Contingency- Wastewater (10 000) 4. Reduced Stormwater Operations, CIP and Debt Service to reflect a $.75 monthly fee, resulting in decreased bond issuance. Stormwater CIP - Projects (140,000) Stormwater Debt Service Reserve Transfer (247054) Stormwater Bond Issuance Costs (31665) 5. Increase Council Contingency for revised estimated costs for Del Webb legal fees. it A4 • f s and Wastewater Speciala, Legal to fund Phase of the s.ct fe- study and roll forwardcostsd' d for not be expended until 1994/95. Water - Special Wastewater - Special Services & Legal 7. Adjust Council Contingency for projects budgeted in the 1993/94 year that will not be expended until the 1994f95 year. Water - Green house project 92065 Wastewater - Heritage Baptist Church 857000 8. Adjust Electric and Wastewater Capital Projects for changes in timing of 1993f94 capital projects costs that will not be completed until 1994/95. Electric Capital Projects 157 085 Wastewater Capital Projects 24 077 all~, .21 WE Fire Department Operations (93194) Fire Department Operations (94/95) (57000) 5,000 Net Adjustments for timing differences, revenue estimate updates and various other minor revisions. General Fund: Management Services 133489 Finance 636 COU - Streets 17113 Parks (3,151) Planning (5,045) Fire 3,134 Police 11,996 Joint Services Fund: Utility Office 748 Electric Fund: Operations 4,564 Transfer to CEP 41,368 Water Fund: Transfer to Sanitation (16,687) Transfer to Storm rater 171,074 Wastewater Fund: Transfer to General Fund 10,000 Transfer to Stormwater (141,011) Transfer to CIP 1807000 NOTE: Adjusted Council Contingency Balance for the 1994/95 budget is $1251000 ALL FUNDS SUMMARY 94/95 - REVISED ANNUAL OPERATING PLAN Budgeted Beginning Fund Balance t Working Capital 10/1194 Projected Beginning Fund Balance t Working Capital 1011/94 Budgeted Revenues 94195 09101 /94 Budgeted Ending Budgeted Fund Balance 1 Expenditures Working Capital 94195 9/30195 Airport Fund (507333) 23,637 4005025 5443973 - (121,311) Debt Service Fund 78,062 148,712 8352115 8227612 161,215 Electric Capital Projects 0 703,474 525,702 112297176 p Electric Debt Service (996) (543) 70,975 26,964 43,468 Electric Fund 17612,295 1,8227542 12,971,474 13;155,485 116387531 Facilities Maintenance ISF (97057) 31783 292,293 296,076 p Fleet Management ISF 25,725 3,554 8932899 897,453 p General Capital Projects 22,500 1,621,450 691,500 233127950 p Genera! Fund 1,325,000 1,4832898 73712,330 7,8713228 1,3251000 Joint Services Fund 11964 591771 1,7021078 1,761,849 p Management information Svc ISF 0 11;000 527,157 537,999 158 Sanitation Fund 0 (47,112) 132523319 11205,207 p Special Revenue Funds 1033012 179,031 11672,112 177927516 58,627 Stormwater Drainage Capital Projects 0 0 774,057 6733157 1003900 Stormwater Drainage Debt Service 0 0 72,162 0 72,162 Stormwater Drainage Fund 28,193 33,718 2327867 241,585 25,000 Streets Capital Projects 0 14,668 1453332 1607000 p Wastewater Capital Projects 0 714 465 67552,061 7 266 526 0 Wastewater Debt Service 331,955 630,431 11019,311 395,988 1,253 754 Wastewater Fund 677,853 17315,582 2,524,466 3;164;766 675,282 Water Capital Projects 0 1161437 1,7613708 1,7171145 161,000 Water Debt Service 570,512 581,820 11248,364 17090,906 7397278 Water Fund _ 11102,076 _ 11685,024 3,996,549 4,581,573 11100,000 Subtotal - 5,818,761--111105,342 47,873,856 51,746,134 72333064 Less Transfers In & Out and Services & Administrative Charges 12,2417470 125241,470 Total - 51818,761-113105,342 35,632,386 39,504,664 7,233,064 Add In Electric Fund Notes Receivable: Tessco 389,832 389,832 363,469 IH-35 Frontage Road Assessment 600,000 600,000 600,000 Total Fund BalanceiWorking Capital - 6,808,593 121095,174_ 87196,533