O-2024-61 Adopting FY 2024-2025 BudgetTOWN OF PROSPER, TEXAS
ORDINANCE NO. 2024-61
AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS,
ADOPTING THE FISCAL YEAR 2024-2025 ANNUAL BUDGET AND CAPITAL
PROJECT FUND BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2024, AND ENDING SEPTEMBER 30, 2025, FOR THE TOWN OF PROSPER,
TEXAS; PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR A REPEALER
CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Annual Budget for the Town of Prosper, Texas, was prepared by the Town
Manager and presented to the Town Council on August 13, 2024, in accordance with the Town
Charter of the Town of Prosper, Texas; and
WHEREAS, the proposed annual budget document was posted on the Town's Internet
website and also made available for public review; and
WHEREAS, a Notice of a Public Hearing concerning the proposed Annual Town and Capital
Project Fund Budget was published as required by state law and said Public Hearing thereon was
held by the Town Council on September 10, 2024; and
WHEREAS, following the Public Hearing, and upon careful review of the proposed Fiscal
Year 2024-2025 Annual and Capital Project Fund Budget, it is deemed to be in the best financial
interests of the citizens of the Town of Prosper, Texas, that the Town Council approve said budget;
and
WHEREAS, in conjunction with the adoption of the Annual Town Budget, the Town also
wishes to adopt its recommended Fiscal Year 2024-2025 five-year Capital Improvement Program as
required by Town Charter.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
The above findings are hereby found to be true and correct and are incorporated herein in
their entirety.
SECTION 2
The official budget for the Town of Prosper, Texas, for the fiscal year beginning October 1,
2024, and ending September 30, 2025, is hereby adopted by the Town Council of the Town of
Prosper, Texas, and the Town Secretary is directed to keep and maintain a copy of such official
budget on file in the office of the Town Secretary and, upon request, make same available to the
citizens and the general public.
SECTION 3
The expenditures during the fiscal year beginning October 1, 2023, and ending September
30, 2024, shall be made in accordance with the budget approved by this Ordinance unless otherwise
authorized by a duly enacted ordinance of the Town of Prosper, Texas.
SECTION 4
The sums specified in Exhibit A are hereby appropriated from the resp6ctive funds for the
payment of expenditures on behalf of the Town government as established in the approved budget
document.
SECTION 5
Should any part, portion, section, or part of a section of this Ordinance be declared invalid, or
inoperative, or void for any reason by a court of competent jurisdiction, such decision, opinion, or
judgment shall in no way affect the remaining provisions, parts, sections, or parts of sections of this
Ordinance, which provisions shall be, remain, and continue to be in full force and effect.
SECTION 6
All ordinances and appropriations for which provisions have heretofore been made are hereby
expressly repealed if in conflict with the provisions of this Ordinance.
SECTION 7
In accordance with state law and the Town's Code of Ordinances, proper Notice of Public
Hearing was provided for said Ordinance to be considered and passed, and this Ordinance shall take
effect and be in full force and effect from and after its final passage.
SECTION 8
Specific authority is hereby given to the Town Manager to transfer appropriations budgeted
from one account classification or activity to another within any individual fund.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, BY A VOTE OF TO 0 ON THIS THE IOTH DAY OF SEPTEMBER, 2024.
ATTEST:
Michelle Lewis Sirianni, Town Secretary
APPROVED AS TO FORM AND LEGALITY:
J(-C- /--J J-.r-,L
Terrence S. Welch, Town Attorney
APPROVED:
David F. Bristol, Mayor
Ordinance No. 2024-61, Page 2
Q
M�M
W
2
X
W
W O to Mqr (n O O CM Lo (M O m 0 w
1(pp
N
00
OI
D
N M LO N N m (D Lo O Lo ON v O v
(O (O W 0O Pl�. O N O ll7 M L N O (C O
a}
A
�
y
W
J U) C
0) 1- cn C) 0IT Ln VE CO W Lo CO N
0 IT CM M IT V N O N n a0 C) C-
r
N
N
0o
00
O
O
QQN
ao(O00(��MinMI�N 0] (DM
z 0.
N 00 O CO CO N CDM N Ln
M
v
r
00
N
a:C) G
(O Cl) NU')
d N
r
69
N
' 10 L ' 1 ( ( ( 1 y' ( ( I
fmO^
J
H
H
W
N
M
4
N
0
Z
v
0
a
z
x
44
>.
00 00 N M IT Lo O O M (n O co) O 00
N W T N N Cl) (D (D O (n N w O�
Ol
V
(D O cr 00 O N O (n M N O (O 0]
rl
N
Q N
W to M (O v U-) v �_ wg 00 N
C.
O
49 N m M v v N O 1- a0 M ti
M
N
a0 C• LoI� .- M (f1 M I� N 0) LL') M
SV
a
J N
N 00 00 V7 m co N 0 CO N (D
LO Cl) s- N
M
sq
W o
�. N
IL
O 00 co m V v M O O m fD a w W
M V fO V W (O N O m W v
C.
N
V
(M (0 00 0 00 Lr O 00 (O (O 00 (O T _
C]
F
W W N
I'- �!! N' v N O O C9 O 1- C` w ti C)
O (O N 00 O r• 0O v u7
V
M
CV
00 W I- 00 O •- 00 ? 01 00 (n r
(C
W0 M
0
DI 00 (17 Ln PM m N 1- V Lan
V MC,
g
(!
m
Q N
fA
YS
J
Q
F
0
U z
Z
o
Q'
N
U
C
❑
Q)
w
+�
U
O
Q
7
�
d
J
Q
i
U
D
W
a
�
U
N
LLl
_c
C N
EN
_U>
L
2'
�o
N
L1J
cn
h
❑ Q
(L
O O
`X a
O w
QL
CL
c
J Z
Q
UJ
U
m
❑
Of
n Q)
a
Z
a W
.a
LL
z w
m �
to
H
❑
2Qw
Z
❑
wZ� Z
cL
LL
awa a
H
�z
W
z >- w
ao
Q
w-a
Oz
a0
LLcn _Dz(Dz
c
zLUW waQ
a
�m
Q
Z
�J�
LU
7
UW
U:
LL > z WUQF- LL
d'z
d
U.
Jed' OZ❑LL U Q
U
W 2
U
Q
�Q' n�N`-'OOFQO x
a �
�z
# # W U J
z
Z Q m N N w x a W H O Of Q
a c
J>
J
Q
(w7�i���UFLa2-(anm:U) n>2
U(i
C07
0