HomeMy WebLinkAboutOrdinances (O-26-2387)-09/15/2026ORDINANCE 0-26-2387
AMENDING SECTION 3 OF ORDINANCE 0-25-2342 OF THE FISCAL
YEAR 2026 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 FY2026
BUDGET APPROPRIATIONS FROM ONE DEPARTMENT TO ANOTHER
IF EXPENDITURES IN A DEPARTMENT EXCEEDED THE ADOPTED
BUDGET ON SEPTEMBER 30, 2026
WHEREAS, FY2026 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 FY2026 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 FY2026
General Fund operating surplus to the Capital Projects Fund for
future capital projects on September 30, 2026.
Sec. 2. THAT the City Manager is authorized to transfer the FY2026
Utility Fund operating surplus to the Utility Capital Projects
Fund for future utility capital projects on September 30, 2026.
Sec. 3. THAT the City Manager is authorized to transfer the FY2026
Drainage Fund operating surplus to the Drainage Capital
Projects Fund for future utility capital projects on September
30, 2026.
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 0-26-2387
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, 2026.
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the 1st day of
September 2026.
The second reading and public hearing being conducted on the 15th day of
September 2026.
APPROVED BY A VOTE OF 7 AYES, 0 NAYS, ON THIS THE 15TH DAY OF
SEPTEMBER 2026.
Mayor Bobby Lindamood Aye Mark Alphonso, Place 2 Aye
Mayor Pro Tern Brandi Elder Aye Ben Graves, Place 4 Aye
Deputy Mayor Pro Tern Scotty Richardson Aye Tim Raine, Place 6 Aye
Kimberly Holt Gunderson, Place 5 Aye
ATTEST:
Christine Loven, TRMC
City Secretary
APPROVED AS TO FORM:
Whitt Wyatt
City Attorney
CITY OF COLLEYVILLE
Bobby Lindamood
Mayor