HomeMy WebLinkAboutORD 2007-73 - 2007/08 BudgetWHEREAS, fund balance is proposed to purchase equipment in the 2006/07 fiscal year that was
originally budgeted in the 2007/08 budget; and
WHEREAS, the need for these adjustments was not known at the time the fiscal year 2007/08 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;
GEORGETOWN,NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
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 following policy of the Century
Plan - Policy Plan Element:
1. Policy End 13.00, 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 Pian.
SECTION 2.
The amendment to the 2007/08 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, 2007, and ending September 30, 2008. A copy of the
amendment is attached hereto as Exhibit "A", and incorporated by reference herein.
SECTION 3.
The decrease of $221,000 is hereby appropriated for payments of expenditures and payments of the
funds and included in the Exhibit "A".
SECTION 4
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hereby repealed, and are no longer of any force and effect.
00, 20011� 73
Budget Amendment No. 1
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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, ofthis 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 25`h day of September, 2007,
PASSED AND APPROVED on Second Reading on the 9th day of October, 2007.
ATT
rSandra D. Lee
City Secretary
APPROVED AS TO FORM:
Patricia T. Carls, Carls, McDonald and Dalrymple, LLP.
City Attorney
Budget Amendment No. 1
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Mayor
DVJN:
P : \AGENDA\2007\B u d g et\[07 YE BAse pt07.xls]2006-07
IT Fund
Revenues/Sources:
Fund Balance
Expenses:
Network Hardware - Datacenter
0
221,000
(221;000)
Excess revenue over expenses $ 0