14-67 - O TOWN OF PROSPER, TEXAS ORDINANCE NO. 14-67
AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, ADOPTING THE FISCAL YEAR 2014-2015 ANNUAL BUDGET FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 2014, AND ENDING SEPTEMBER 30,
2015; AND APPROVING CERTAIN AMENDMENTS TO THE FISCAL YEAR
2013-2014 ANNUAL BUDGET 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 12, 2014, 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 Public Hearings concerning the proposed Annual Town Budget was
published as required by state law and said Public Hearings thereon were held by the Town Council
on August 26, 2014, and September 9, 2014; and
WHEREAS, following the Public Hearings, and upon careful review of the proposed Fiscal
Year 2014-2015 Annual Budget and the review of the amendments to the current Fiscal Year 2013-
2014 Annual 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 any amendments to the current
fiscal year budget as presented by the Town Manager.
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,
2014, and ending September 30, 2015, 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 Town Council of the Town of Prosper, Texas, hereby approves certain amendments to
the current Fiscal Year 2013-2014 Annual Budget, as referenced herein.
SECTION 4
The sums specified in Exhibit A are hereby appropriated from the respective funds for the
payment of expenditures on behalf of the Town government as established in the approved budget
document.
SECTION 5
Capital Projects Funds are presented in the budget document on a multi-year, project basis,
whereby all unexpended capital project funds are automatically re-appropriated into the subsequent
fiscal year. Accordingly, no annual appropriation for Capital Projects Funds, other than those
specifically listed in Section 4 above, is provided. The Town Council hereby approves the Capital
Improvement Projects for FY 2014-2015 as a plan describing and scheduling capital improvement
projects for the Town of Prosper, and authorizes the Town Manager to use the funding sources
reflected in the plan.
SECTION 6
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 7
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 8
In accordance with state law and the Town's Code of Ordinances, proper Notice of Public
Hearings 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 9
Specific authority is hereby given to the Town Manager to transfer appropriations budgeted
from one account classification or activity to another within any individual department or activity.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, BY A VOTE OF (P TO ON THIS THE 23RD DAY OF SEPTEMBER,
2014.
APPROVED:
Ray Smit Mayor
AT
i
Robyn B ttle, Town Secretary '
Ordinance No.14-67,Page 2
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Wel4h, Town Attorney
Ordinance No.14-67,Page 3
EXHIBIT"A"
FY 2014 FY 2015
FY 2014 PREVIOUS AMENDED ADOPTED
BUDGET AMENDMENTS BUDGET BUDGET
General Fund
Administration Department
Administration/Town Manager's Office 1,844,468 0 1,844,468 651,741
Town Secretary's Office 0 0 0 213,632
Finance 0 0 0 781,143
Human Resources 0 0 0 241,814
Municipal Court 257,028 (19,300) 237,728 213,122
Police Department
Police Operations 1,834,258 0 1,834,258 2,020,372
Dispatch 644,690 0 644,690 663,120
Fire Department
Fire/EMS Operations 2,566,238 0 2,566,238 3,380,104
Fire Marshal 123,595 0 123,595 144,158
Development Services Department
Code Enforcement 164,151 0 164,151 164,583
Inspections 796,782 0 796,782 953,217
Planning 495,505 0 495,505 493,084
Engineering Department 487,149 0 487,149 703,938
Library Department 98,041 17,295 115,336 175,192
Parks and Recreation Department 1,778,550 0 1,778,550 1,537,467
Streets Department 1,367,305 0 1,367,305 448,935
Non-Departmental Department 0 0 0 1,630,119
General Fund Total 12,457,760 (2,005) 12,455,755 14,415,741
Water/Sewer Fund
Water 6,436,590 0 6,436,590 3,691,905
Wastewater 1,868,706 3,000,000 4,868,706 1,719,239
Utility Billing 972,042 0 972,042 1,033,566
Non-Departmental 0 0 0 3,912,765
Water/Sewer Fund Total 9,277,338 3,000,000 12,277,338 10,357,475
0
Debt Service(I &S)Fund Total 2,821,380 0 2,821,380 2,870,065
Special Revenue Fund Total 59,200 0 59,200 75,133
Impact Fee Fund-Thoroughfare Total 1,835,000 0 1,835,000 1,905,000
Parks Dedication and Improvement Fund Tota 700,000 0 700,000 214,000
Capital Projects Fund Total 5,780,000 0 5,780,000 28,407,055
Storm Drainage Utility Fund Total 394,000 0 394,000 283,186
Impact Fee Fund-Water 0 0 0 926,887
Impact Fee Fund-Wastewater 0 0 0 136,600
Capital Projects-Water/Sewer Fund Total 0 0 0 2,382,500
Internal Service Fund 49,000 0 49,000 30,000
Vehicle/Equipment Replacement Fund 0 0 0 797,010
Other Funds Total 11,638,580 0 11,638,580 38,027,436
GRAND TOTAL 33,373,678 2,997,995 36,371,673 62,800,652
Unspent Capital Project funds on September 30,2014, will automatically be re-appropriated to their
respective projects for FY 2014-2015.
Ordinance No. 14-67,Page 4
EXHIBIT"A"(CONTINUED)
FY 2014 FY 2014
AMENDED FINAL
BUDGET AMENDMENTS BUDGET
Budget Amendment:
General Fund
Administration 1,844,468 750,000 2,594,468
Streets 1,367,305 (750,000) 617,305
3,211,773 0 3,211,773
Funds Transfers:
Capital Projects Fund 750,000
General Fund (750,000)
Vehicle/Equipment Replacement Fund 800,000
General Fund (800,000)
Unspent Capital Project funds on September 30,2014, will automatically be re-
appropriated to their respective projects for FY2014-2015.
Ordinance No.14-67,Page 5