HomeMy WebLinkAboutORD 2015-09 - 2014/15 Roll Forward BudgetORDINANCE NO.
WHEREAS, certain capital improvement and other planned projects budgeted in
2013/14 were not completed it
+� i _ • • t _ _ t t • i• • _``r
WHEREAS,
• General CapitalProjects • Street Tax Special
Revenue Fund, Parks Special Revenue Fund, Downtown Special Revenue Fund,
Stormwater Drainage Fund, Electric Fund, and Water Services Fund had 1ending
fund balance in excess of t projected - time of - FY 2014/15budget .str •
ei
WHEREAS, the changeswere unknown and unforeseeablethe time the fiscal
year i budget was approved; ani
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
..r TEXAS,
The facts and recitations contained in the preamble of this ordinance are hereby found
--nd declared to be true and correct, and are incorporated by reference herein and expressly
.a^ a part hereof,iae• verbatim.
SECTION 2.
The amendment to the 2014/15 Annual Budget of the revenues of the City of GeorgetovM
and expenses of conducting the affairs thereof, is in all things adopted and approved as aM
addition to the previously approved budget of the current revenues and expenses as well
fixed charges against said City for the fiscal year beginning October 1, 2014, and endi
September i 2015.' copy of • - `• hereto as Exhibit"N' incorporat'e
by
i_ • i � i i i s •• ♦ •
Date Approved: F
The total of $18,597,000 is hereby appropriated for payments of expenditures and
,&ayments of the funds and included in the Exhibit "A".
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Ordinance are hereby repealed, and are no longer of any force and effect. This ordinance
complies with the vision statement of the Georgetown 2030 Plan.
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.
I 4�;
PASSED AND APPROVED on Second Reading on the 10th day of February, 2015.
ATTEST: THE CITY OF GEORGETOWN:
AM I I&
AM--
e ica Brettle B)7r'b'ale Ross
OvySecretary Mayor
F -Al
City Attorney
Ima
Date Approved: February 10, 2015
:OF
Stormwater Drainage Fun
Revenues/Sources:
Fund Balance - prior year approved projects
$
(355,000)
Expenses - project timing
Stormwater Infrastructure Improvements
355,000
Excess revenue over expenses
$
0
Electric Fund
Revenues/Sources:
Fund Balance - prior year approved projects
$
(3,270,000)
Expenses - project timing
CIP - Solar Farm
3,270,000
Excess revenue over expenses
$
0
Water Services Fund
Revenues/Sources:
I Fund Balance - prior year approved projects (7,706,000)
Expenses - project timing
Water Infrastructure Improvements 6,939,000
Asset Management 359,000
Wastewater Infrastructure Improvements 244,000
Trasnfers Out- Rebate program 164,000
Excess revenue over expenses 0
Joint Services Fund
Revenues/Sources:
Transfer In - Water Fund $ (164,000)
Expenses - project timing
Water rebate program 164,000
Excess revenue over expenses $ 0
Total Budget Amendment 18,597,000