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2021-26 - O -Amending Ordinance No. 2020-71 (FY 2020-2021 Budget). TOWN OF PROSPER, TEXAS ORDINANCE NO. 2021-26 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING ORDINANCE NO. 2020-71 (FY 2020-2021 BUDGET) TO FUND INCREASED EXPENDITURES OF $71,705 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 net neutral effect on the budget. 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 allocation of 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 All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance.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. 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 11TH DAY OF MAY, 2021. TOWN OF PROSPER, TEXAS Ray Smith, Ma,ror ATTEST TO: Melissa Lee, To n Secretary ,\` OF PRO APPROVED AS TO FORM AND LEGALITY: •• • •..4:06 . . O . Terrence S. Welch, Town Attorney /\ •:* •• • 1914 • • . • • •' 7'E X• AS oN /I,,, tfll�► Ordinance No.2021-26, Page 2 EXHIBIT"A" BUDGET AMENDMENT FISCAL YEAR 2020-2021 May 11,2021 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 - License,Fees&Permits 3,575,100 5,127,742 5,127,742 - Charges for Services 845,275 845,275 845,275 - Fines&Warrants 400,000 400,000 400,000 - Grants 414,672 514,672 586,377 71,705 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 $ 32,698,400 $ 34,351,042 $ 34,422,747 $ 71,705 Expenditures: Administration 5,598,394 6,544,400 6,544,400 - Police Services 5,997,484 6,142,033 6,142,033 - Fire Services 7,713,465 9,669,958 9,741,663 71,705 Public Works 3,272,379 3,290,077 3,290,077 - Community Services 4,605,459 4,774,481 4,774,481 - Development Services 3,371,304 4,208,958 4,208,958 - Engineering 2,031,806 2,055,123 2,055,123 - Total $ 32,590,291 $ 36,685,030 $ 36,756,735 $ 71,705 Total Revenue $ 71,705.00 Total Expenditures $ 71,705.00 Net Effect All Funds $ - Ordinance No.2021-26,Page 3