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2021-54 - O - Amending Ord. 2020-71 Budget Amendments Increased Expeditures to General Fund 9.14.21TOWN OF PROSPER, TEXAS ORDINANCE NO. 2021-54 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING ORDINANCE NO. 2020-71 (FY 2020-2021 BUDGET) TO FUND INCREASED EXPENDITURES OF $1,834,496 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 in the General Fund 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 Bud -get). 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 All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance.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 Severabilit . 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. EXHIBIT "A" BUDGET AMENDMENT FISCAL YEAR 2020-2021 September 14, 2021 General Fund Original Budget Current Budget Amended Budget Increase (Decrease) Revenues: Property Tax 18,246,167 18,246,167 18,469,694 223,527 Safes Tax 5,793,141 5,793,141 7,577,110 1,783,969 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 414,672 586,377 586,377 - 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 $ 34,422,747 $ 36,430,243 $ 2,007.496 Expenditures: _ Administration 5,598,394 6,544,400 6,544,400 - Police Services 5,997,484 6,142,033 6,529,258 387,225 Fire Services 7,713,465 9,741,663 9,775,523 33,860 Public Works 3,272,379 3,290,077 3,444,238 154,161 Community Services 4,605,459 4,774,481 5,072,733 298,252 Development Services 3,371,304 4,208,958 4,208,958 - Engineering 2,031,806 2,055,123 3.016.121 960.998 Total $ 32,590,291 $ 36,756,735 $ 38,591 231 $ 1,834,496 Total Revenue Total Expenditures Net Effect All Funds $ 2,007,496.00 $ 1,834,496.00 $ 173,000.00 Ordinance No. 2021-54, Page 3