2021-16 - O -Amending Ordinance No. 2020-71 (FY 2020-2021 Budget)TOWN OF PROSPER, TEXAS
ORDINANCE NO. 2021-16
AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING
ORDINANCE NO. 2020-71 (FY 2020-2021 BUDGET) TO FUND INCREASED
EXPENDITURES OF $677,585 IN THE GENERAL FUND; 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. 2020-71 (FY 2020-2021 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 allocated and an overall
increase to revenue.
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. 2020-71 (FY 2020-2021 Budget). Ordinance No. 2020-71
(FY 2020-2021 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are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the
repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any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
Severahility. 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.
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 MARCH, 2021.
TOWN OF PROSPER, TEXAS
p4m!�'�-"4n
Ray Smith, M13yor
ATTEST TO:
Melissa Lee, Tojdh Secretary
APPROVED AS TO FORM AND LEGALITY:
Terrence S.Welch, Town Attorney
Ordinance No. 2021-16, Page 2
EXHIBIT "A"
BUDGET AMENDMENT
FISCAL YEAR 2020-2021
March 23, 2021
General Fund
Original Budget
Current Budget
Amended Budget
Increase
(Decrease)
Revenues:
Property Tax
18,246,167
18,246,167
18,246,167
Sales Tax
5,793,141
5,793,141
5,793,141
Franchise Fees
1,792,875
1,792,875
1,792,875
-
f_Icense, Fees & Permits
3,575,100
3,702,760
5,127,742
1,424,982
Charges for Services
845,275
845,275
845,275
-
Fines & Warrants
400,000
400,000
400,000
-
Grants
414,672
514,672
514,672
-
Investment Income
85,000
85,000
85,000
-
Transfers In
1,071,820
1,071,820
1,071,820
-
Miscellaneous
252,350
252,350
252,350
-
Park Fees
222.000
222,000
222.000
Total —$ 32,608,40D
$ 32,928,060
$ 34,351,042
$ 1,424,98
Expenditures:
Administration
5,598,394
6,391,809
6,454,400
62,591
Police Services
5,997,484
6,142,033
6,142,033
Fire Services
7,713,465
9,669,958
9,669,958
Public Works
3,272,379
3,290,077
3,290,077
Community Services
4,605,459
4,612,744
4,612,744
-
Development Services
3,371,304
3,466,304
4,081,298
614,994
Engineering
2,031,806
2,055,123
2,055.123
-
Total $ 32,590,291
$ 35,628,048
$ 36,305,633
677,585
Total Revenue
Total Expenditures
Net Effect All Funds
$ 1,424,982.00
S 677,585.00
S 747.397.00
Ordinance No. 2021-16, Page 3