HomeMy WebLinkAboutOrdinances (Ordinance O-19-2093)-09/17/2019ORDINANCE 0-19-2093
AMENDING SECTION 3 OF ORDINANCE 0-18-2059 OF THE FISCAL
YEAR 2019 BUDGET AMOUNTS FOR THE TRANSFER OF GENERAL
FUND, UTILITY FUND, AND DRAINAGE UTILITY FUND OPERATING
SURPLUSES TO THE CAPITAL PROJECTS FUND, UTILITY CAPITAL
PROJECTS FUND, AND DRAINAGE CAPITAL PROJECTS FUND; AND
AUTHORIZING THE CITY MANAGER TO TRANSFER UNSPENT FY2019
BUDGET APPROPRIATIONS FROM ONE DEPARTMENT TO ANOTHER
IF EXPENDITURES IN A DEPARTMENT EXCEEDED THE ADOPTED
BUDGET ON SEPTEMBER 30, 2019
WHEREAS, FY2019 General Fund, Utility Fund, and Drainage Fund
projected year end revenues are anticipated to exceed
expenditures; and
WHEREAS, the City Council desires to provide funding for future general,
utility, and drainage capital projects; and
WHEREAS, necessary expenditures over the course of a fiscal year may
cause certain departments to either exceed the FY2019 original
budget or conclude the year under -budget, and it is required
that original budget appropriation amounts be amended
accordingly.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the City Manager is authorized to transfer the FY2019
General Fund operating surplus to the Capital Projects Fund for
future capital projects on September 30, 2019.
Sec. 2. THAT the City Manager is authorized to transfer the FY2019
Utility Fund operating surplus to the Utility Capital Projects
Fund for future utility capital projects on September 30, 2019.
Sec. 3. THAT the City Manager is authorized to transfer the FY2019
Drainage Fund operating surplus to the Drainage Capital
Projects Fund for future utility capital projects on September
30, 2019.
Sec. 4. THAT, 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
Ordinance 0-19-2093
Page 2 of 2
appropriation balance from one department to another per the
Charter of the City of Colleyville, Section 9.04 (D):
Sec. 5. THAT the effective date of this ordinance shall be September
30, 2019.
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the 3rd day of
September 2019.
The second reading and public hearing being conducted on the 17th day of
September 2019.
APPROVED BY A VOTE OF -T- AYES, 0 NAYS, AND &- ABSTENTIONS ON
THIS THE 17th DAY OF SEPTEMBER 2019.
Mayor Richard Newton W Mayor Pro Tern Bobby Lindamood
Place 1, Tammy Nakamura Place 5, Chuck Kelley
Place 3, Kathy Wheat. Place 6, Callie Rigney
Place 4, George Dodson 06--
ATTEST:
Lwtru'�"Ue '
Christine Loven, TRMC
City Secretary
let U d
Whitt L. Wya'
City Attorney
FORM:
CITY OF COLLEYVILLE
Richard Newton
Mayor