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19-51 - OTOWN OF PROSPER, TEXAS ORDINANCE NO. 19-51 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING ORDINANCE NO. 18-71 (FY 2018-2019 BUDGET) AND ALLOCATING FUNDS TO FUND INCREASED REVENUE AND EXPENDITURES OF $61,361.56 IN THE GENERAL FUND BUDGET; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY CLAUSES; AND PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE. WHEREAS, the Town Council of the Town of Prosper, Texas ("Town Council"), has investigated and determined that it will be beneficial and advantageous to the residents of the Town of Prosper, Texas ("Prosper"), to amend Ordinance No. 18-71 (FY 2018-2019 Budget) for the purposes listed in Exhibit "A," attached hereto and incorporated herein by reference; and WHEREAS, the changes will result in budgeted funds being reallocated among different funds and departments and an net neutral increase in the budget for funding from fund balance. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, THAT: SECTION 1 Findings Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2 Amendment to Ordinance No. 18-71 (FY 2018-2019 Budget). Ordinance No. 18-71 (FY 2018-2019 Budget) is hereby amended to allow for increases to appropriations as shown in Exhibit "A," attached hereto and incorporated herein by reference. SECTION 3 Savings/Repealing Clause. All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance. Any remaining portions of conflicting ordinances shall remain in full force and effect. SECTION 4 Severability. Should any section, subsection, sentence, clause, or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Prosper hereby declares that it would have passed this Ordinance, and each section, subsection, sentence, clause, or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses, or phrases be declared unconstitutional or invalid. 1 SECTION 5 Effective Date. This Ordinance shall become effective immediately upon its passage. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, ON THIS 23RD DAY OF JULY, 2019. ``\►►►►III// OF PROS'', TOWN OF PROSPER, TEXAS 7. Ray Smith, 4ayor ATTE�;TO: , Town Secretary APPROVED AS TO FORM AND LEGALITY: Terrence S. Welch, Town Attorney 1 Ordinance No. 19-51, Page 2 EXHIBIT "A" BUDGET AMENDMENT FISCAL YEAR 2018-2019 July 23, 2019 General Fund Original Budget Current Budget Amended Budget Increase (Decrease) Total Revenues: $ 27,877,145 $ 27,877,145 $ 27,938,507 $ 61 361.56 i Total $ 27,877,145 $ 27,877,145 $ 27,938,507 $ 61,361.56 Expenditures: Administration $ 6,122,012 $ 7,253,305 $ 7,253,305 $ - Police Services 4,742,276 4,793,966 4,793,966 - Fire Services 7,675,378 7,856,473 7,917,835 61,361.56 Public Works 3,698,019 4,621,430 4,621,430 - Community Services 3,951,808 4,266,002 4,266,002 - Development Services 3,028,688 3,098,212 3,098,212 - Engineering 1,236,308 1,525,759 1,525,759 - Total $ 30,454,489 $ 33,415,147 $ 33,476,509 $ 61,361.56 Hugh (Skip) Gibson will be presenting now from ISO. He will be joined by Jesse Williams. Total Revenue $ 61,361.56 Total Expenditures $ 61,361.56 Net Effect All Funds $ (0.00) Ordinance No. 19-51, Page 3