HomeMy WebLinkAboutOrdinances (O-22-2219)-09/20/2022ORDINANCE 0-22-2219
AMENDING SECTION 3 OF ORDINANCE 0-21-2169 OF THE FISCAL
YEAR 2022 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 FY2022
BUDGET APPROPRIATIONS FROM ONE DEPARTMENT TO ANOTHER
IF EXPENDITURES IN A DEPARTMENT EXCEEDED THE ADOPTED
BUDGET ON SEPTEMBER 30, 2022
WHEREAS, FY2022 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 FY2022 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 FY2022
General Fund operating surplus to the Capital Projects Fund for
future capital projects on September 30, 2022.
Sec. 2. THAT the City Manager is authorized to transfer the FY2022
Utility Fund operating surplus to the Utility Capital Projects
Fund for future utility capital projects on September 30, 2022.
Sec. 3. THAT the City Manager is authorized to transfer the FY2022
Drainage Fund operating surplus to the Drainage Capital
Projects Fund for future utility capital projects on September
30, 2022.
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 0-22-2219
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, 2022.
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the 6th day of
September 2022.
The second reading and public hearing being conducted on the 201h day of
September 2022.
APPROVED BY A VOTE OF 7 AYES, 0 NAYS, ON THIS THE 20th DAY OF
SEPTEMBER 2022.
Mayor Bobby Lindamood Aye Mayor Pro Tern Kathy Wheat Aye
Brandi Elder, Place 1 Aye George Bond, Place 2 Aye
George Dodson, Place 4 Aye Chuck Kelley, Place 5 Aye
Callie Rigney, Place 6 Aye
ATTE
ST:
-
Christine Loven, TRMC
City Secretary
7777 ORM:
Whitt L. Wyatt
City Attorney
CITY OF CO LEYVILLE
Bobby L damood
Mayor