HomeMy WebLinkAboutORD 2017-04 - 2017 Annual BudgetORDINANCE NO. DOI 1— 0
AN ORDINANCE AMENDING THE 2017 ANNUAL BUDGET DUE TO
CONDITIONS THAT RESULTED IN A NEED FOR CHANGES TO
REVENUE AND EXPENDITURES IN THE ELECTRIC AND WATER
FUNDS; APPROPRIATING THE VARIOUS AMOUNTS THEREOF; AND
REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN
CONFLICT THEREWITH.
WHEREAS, the State of Texas experienced unusually cool and wet summer months
in 2016; and
WHEREAS, these circumstances resulted in increased purchased power costs in the
Resource Management Department of the Electric Fund for Fiscal Year 2016; and
WHEREAS, changes to revenue and expenditures in the Electric and Water funds in
2017 will improve the cash flow and contingency reserves in the Electric Fund;
WHEREAS, the changes were unknown and unforeseeable at the time the fiscal
year 2017 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 2017 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, 2016, and ending September
30, 2017. A copy of the amendment is attached hereto as Exhibit "A" incorporated by reference
herein.
SECTION 3.
The total of $3,861,948 is hereby appropriated for payments of expenditures and payments
of the funds and included in the Exhibit "A".
SECTION 4
Ordinance Number: 0Ol�j-0 Page 1 oft
Description: 2017 Budget Amendment Electric and Water
Date Approved: December 13, 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Ordinance are hereby repealed, and are no longer of any force and effect.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 13h day of December, 2016.
PASSED AND APPROVED on Second Reading on the 10th day of January, 2017.
ATTEST: THE CITY OF GEORGETOWN:
Shelley Nowf By: Dale Ross
City Secreta6O Mayor
APPROV ORM:
Charlie McNabb
City Attorney
Ordinance Number: 01
Description: 2017 Budget Amendment Electric and Water
Date Approved: December 13, 2016
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