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HomeMy WebLinkAboutORD 2016-45 - Council Fund Reorg BudgetORDINANCE NO. a O I (PA J5 AN ORDINANCE AMENDING THE 2016 ANNUAL BUDGET DUE TO AN APPROVED ALLOCATION OF GENERAL FUND BALANCE TO THE COUNCIL DISCRETIONARY FUND AS WELL AS AN ALLOCATION OF COUNCIL DISCRETIONARY FUNDS THAT HAD NOT BEEN FINALIZED WHEN THE BUDGET WAS ADOPTED, AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH. WHEREAS, the City had a greater than anticipated ending Fund Balance in the General Fund for Fiscal Year 2015; and WHEREAS, the Council approved the transfer of this excess Fund Balance to the Council Discretionary Fund and identified items for funding that were approved on March 8, 2016; and WHEREAS, the changes were unknown and unforeseeable at the time the fiscal year 2016 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 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. SECTION 2. The amendment to the 2016 Annual 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, 2015, and ending September 30, 2016. A copy of the amendment is attached hereto as Exhibit "A" incorporated by reference herein. SECTION 3. The total of $1,869,331 is hereby appropriated for payments of expenditures and payments of the funds and included in the Exhibit "A". SECTION 4 Ordinance Number: ip J Page 1 of Description: Reorganization Budget Amendmeht Date Approved: May 10, 2016 All ordinances and resolutions, or parts of ordinances and resolutions, in conflict with this Ordinance are hereby repealed, and are no longer of any force and effect.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. 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 26h day of April, 2016. PASSED AND APPROVED on Second Reading on the 10'h day of May, 2016. ATTEST: THE�T\Y OF GEO ETOWN: / ✓p`r_`_ g�V✓ Shelley N lig By: Dale Ross City Secretary Mayor APP ROV A O FORM: Charlie McNabb City Attorney Ordinance Number: cZO��c- Description: Reorganization Budget Amendment Date Approved: May 10, 2016 Page 2 of 2