HomeMy WebLinkAboutOrdinances (Ordinance O-20-2133)-09/15/2020ORDINANCE 0-20-2133
AMENDING SECTION 3 OF ORDINANCE 0-19-2094 OF THE FISCAL
YEAR 2020 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 FY2020
BUDGET APPROPRIATIONS FROM ONE DEPARTMENT TO ANOTHER
IF EXPENDITURES IN A DEPARTMENT EXCEEDED THE ADOPTED
BUDGET ON SEPTEMBER 30, 2020
WHEREAS, FY2020 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 FY2020 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 FY2020
General Fund operating surplus to the Capital Projects Fund for
future capital projects on September 30, 2020.
Sec. 2. THAT the City Manager is authorized to transfer the FY2020
Utility Fund operating surplus to the Utility Capital Projects
Fund for future utility capital projects on September 30, 2020.
Sec. 3. THAT the City Manager is authorized to transfer the FY2020
Drainage Fund operating surplus to the Drainage Capital
Projects Fund for future utility capital projects on September
30, 2020.
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 0-20-2133
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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, 2020.
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the 15t day of
September 2020.
The second reading and public hearing being conducted on the 15th day of
September 2020.
APPROVED BY A VOTE OF 7 AYES, 0 NAYS ON THIS THE 15TH DAY OF
SEPTEMBER 2020.
Mayor Richard Newton Aye Mayor Pro Tem Bobby Lindamood Aye
Place 1, Tammy Nakamura Aye Place 3, Kathy Wheat Aye
Place 4, George Dodson Aye Place 5, Chuck Kelley Aye
Place 6, Callie Rigney Aye
ATTEST:
Christine Loven, TRMC
City Secretary
APPROVED AS TO F
Whitt L. Wyatt
City Attorney
CITYnOF C^OLLEYVILLE
Richard Newton
Mayor