HomeMy WebLinkAboutOrdinances (O-08-1692)-09/16/2008ORDINANCE 0-08-1692
AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS,
AMENDING SECTION 2 OF ORDINANCE 0-07-1636 OF THE GENERAL FUND
BUDGET AND AUTHORIZING THE CITY MANAGER TO TRANSFER UNSPENT
FISCAL YEAR 2008 GENERAL FUND BUDGET APPROPRIATIONS FOR STREET
RESURFACING MAINTENANCE, COLLEYVILLE CENTER FEASIBILITY STUDY AND
CREDIT CARD INTERFACE SOFTWARE FROM THE GENERAL FUND TO THE
CAPITAL PROJECTS FUND ON SEPTEMBER 30, 2008, TRANSFER UP TO $150,000
IN THE DIFFERENCE IN FY 2008 GENERAL FUND REVENUES OVER
EXPENDITURES FOR THE FY 2009 STREET MICRO RESURFACING PROJECTS TO
THE CAPITAL PROJECTS FUND ON SEPTEMBER 30, 2008 AND TRANSFER
UNSPENT FISCAL YEAR 2008 UTILITY FUND BUDGET APPROPRIATIONS FOR
FUTURE FINANCE /UTILITY BILLING SOFTWARE ACQUISITION FROM THE UTILITY
FUND TO THE CAPITAL EQUIPMENT REPLACEMENT FUND ON SEPTEMBER 30,
2008
WHEREAS, the due to the unanticipated popularity of the Recreation department's
recreation program and the expenses associated with the programs it is
necessary to amend the FY 2008 budget in the amount of $87,744 for line
Recreation departments line item (001-34-6257) making the amended total
of the FY 2008 General Fund budget $17,902,475; and
WHEREAS, the City Council desires to preserve unspent Fiscal Year 2008 General
Fund budget appropriations for street resurfacing maintenance, Colleyville
Center improvements and Library software credit card interface to be used
in future fiscal years for the aforesaid purposes; and
WHEREAS, the City Council desires to preserve up to $150,000 in the difference in FY
2008 revenues over expenditures for the FY 2009 street micro resurfacing
projects; and
WHEREAS, the City Council desires to preserve unspent Fiscal Year 2008 Utility Fund
budget appropriations for Finance /Utility Billing software acquisition to be
used in future fiscal year for the aforesaid purposes.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1 THAT appropriation amounts for the Fiscal Year 2008 budget as adopted
by Ordinance 0-07-1636 for the different funds of the City of Colleyville are
amended to read as follows:
General Fund $17,902,475
Utility Fund (Water & Wastewater) $10,090,389
Debt Service Fund $ 3,162,417
Drainage Utility Fund $ 1,210,767
Ordinance 0-08-1692
Page 2 of 2
Sec. 2. THAT the City Manager is authorized to transfer unspent Fiscal Year 2008
General Fund budget appropriations for street resurfacing maintenance
(001-33-6319), and Colleyville Center feasibility study (001-37-6226) and
Library Credit Card interface software (001-17-6630) from the General Fund
to the Capital Projects Fund on September 30, 2008.
Sec. 3. THAT the City Manager is authorized to transfer up to $150,000 for the
difference in FY 2008 General Fund revenues over expenditures to the
Capital Projects Fund in order to fund the FY 2009 street micro resurfacing
program on September 30, 2008.
Sec. 4. THAT the City Manager is authorized to transfer unspent Fiscal Year 2008
Utility Fund budget appropriations for Finance /Utility Billing software
acquisition from the Utility Fund to the Capital Equipment Replacement
Fund on September 30, 2008.
Sec. 5. THAT the effective date of this ordinance shall be September 30, 2008.
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the ~ day of
2008.
T second reading and public hearing being conducted on the / ~ day of
2008.
ATTES ~ CITY OF COLLEYVILLE
!~ '
Cynthia Singleton, TRMC, CMC David Kelly
City Secretary Mayor
APPROVED AS TO FORM AND LEGALITY:
Matthew C.G. Boyle
City Attorney