HomeMy WebLinkAboutOrdinances (O-11-1808)-09/23/2011~~
ORDINANCE 0-11-1808
AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE,
TEXAS, AMENDING SECTION 1 OF ORDINANCE 0-10-1786 OF THE GENERAL
FUND BUDGET FOR THE TRANSFER OF $300,000 ON SEPTEMBER 30, 2011
FOR THE ACQUISITION OF FINANCIAL SOFTWARE FROM THE GENERAL FUND
TO THE CAPITAL EQUIPMENT REPLACEMENT FUND AND AMENDING THE
GENERAL FUND BUDGET FOR THE TRANSFER OF UP TO $200,000 OF THE
DIFFERENCE IN FISCAL YEAR 2011 (FY 2011) GENERAL FUND REVENUES
OVER EXPENDITURES FOR FUTURE STREET REHABILITATION PROJECTS TO
THE CAPITAL PROJECTS FUND ON SEPTEMBER 30, 2011 AND AUTHORIZING
THE CITY MANAGER TO TRANSFER UNSPENT FY 2011 GENERAL FUND
BUDGET APPROPRIATIONS FOR STREET REHABILITATION FROM THE
GENERAL FUND TO THE CAPITAL PROJECTS FUND ON SEPTEMBER 30, 2011
WHEREAS, the FY 2011 General Fund projected year end revenues are anticipated
to exceed budgeted revenues and the City Council desires to provide
funding for the acquisition of replacement financial software ($300,000)
and additional funding for future street rehabilitation projects ($200,000),
it is necessary to amend the FY 2011 budget in the amount of $300,000
for the Capital Equipment Reserve line item (01-57-10-6810) and to
amend the FY 2011 budget in the amount of $200,000 for the Street
Department's line item (001-33-10-6319), making the amended total of
the FY 2011 General Fund budget $18,290,023; and
WHEREAS, the City Council desires to preserve unspent Fiscal Year 2011 General
Fund budget appropriations for future street rehabilitation projects; and
WHEREAS, all statutory and constitutional requirements for the passage of this
ordinance have been adhered to, including but not limited to the Open
Meetings Act; and
WHEREAS, the City Council determines that the passage of this ordinance is in the
best interests of the health, safety and welfare of the public.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1. THAT appropriation amounts for the Fiscal Year 2011 budget as
amended by Ordinance 0-10-1786 for the different funds of the City of
Colleyville are amended to read as follows and that due to FY 2011 staff
reorganizations, in the event that expenditures in a department exceed
the adopted budget for that department, the city manager is authorized to
transfer all or part of the unencumbered appropriation balance from one
department to another per the Charter of the City of Colleyville, Section
9.04 (D):
General Fund $18,290,023
Utility Fund (Water & Wastewater) $11,370,230
Debt Service Fund $ 2,486,612
Drainage Utility Fund $ 901,884
Ordinance 0-11-1808
Page 2 of 2
Sec. 2. THAT the city manager is authorized to transfer $300,000 appropriations
for financial software acquisition from the General Fund to the Capital
Equipment Replacement Fund on September 30, 2011.
Sec. 3. THAT the city manager is authorized to transfer up to $200,000 of the
difference in FY 2011 General Fund revenues over expenditures from the
General Fund to the Capital Projects Fund in order to fund future street
rehabilitation projects on September 30, 2011.
Sec. 4. THAT the city manager is authorized to transfer unspent Fiscal Year
2011 General Fund budget appropriations for street rehabilitation (001-
33-10-6319) from the General Fund to the Capital Projects Fund for
future street rehabilitation projects on September 30, 2011.
Sec. 5. THAT the effective date of this ordinance shall be September 30, 2011.
AND IT IS SO ORDERED.
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C4~inthia Singleton, TRMC, CI~fC
City Secretary
APPROVED AS TO FORM AND LEGALITY:
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Matthew C.G. Boyle
City Attorney
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CITY OF COLLEYVILLE
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David Kelly
Mayor