2021-76 - O - Budget Amendments FY 2020-2021 (Amending Ord. 2020-71) 12.14.21TOWN OF PROSPER, TEXAS
ORDINANCE NO. 2021-76
AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING
ORDINANCE NO. 2020-71 (FY 2020-2021 BUDGET) TO FUND INCREASED
EXPENDITURES OF $639,727 IN THE CRIME CONTROL AND PREVENTION
DISTRICT FUND BUDGET; INCREASED EXPENDITURES OF $483,523 IN THE
FIRE CONTROL, PREVENTION, AND EMERGENCY MEDICAL SERVICES
DISTRICT FUND BUDGET; INCREASED EXPENDITURES OF $768 IN THE
TIRZ #2 FUND BUDGET; INCREASED EXPENDITURES OF $580,000 IN THE
ESCROW FUND BUDGET; INCREASED EXPENDITURES OF $132,286 IN THE
SPECIAL REVENUE — CARES ACT FUND BUDGET; INCREASED
EXPENDITURES OF $338,806 IN THE ECONOMIC DEVELOPMENT
CORPORATION 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. 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.
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are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the
repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any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
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 .14TH DAY OF DECEMBER 2021.
TOWN OF PROSPER, TEXAS
Ray Smith, rayor
ATTEST TO:
� 6 nttw � U-Co S i. (Aktk
Michelle Lewis Sirianni, Town Secretary OF p�
APPROVED AS TO FORM AND LEGALITY: �Q
Terrence S. Vielch, Town Attorney 1914 J
ztxx5
Ordinance No. 2021-76, Page 2
EXHIBIT "A"
BUDGET AMENDMENT
FISCAL YEAR 2020-2021
December 14, 2021
Crime Control and Prevention District Fund
Original Budget
Current Budget
Amended Budget
Increase
(Decrease)
Revenues:
Sales Taxes
1,564,807
1,564,807
2,068,570
503,763
Investment Income
300
300
1,690
1,390
Total
$ 1,665,107
$ 1,666,107
$ 2,070,260
$ 505,153
Expenditures:
Personnel
1,425 708
1.425.708
2,065 435
639,727
Total
$ 1,425,708
$ 1,425,708
$ 2,065.435
$ 639,727
Fire Control, Prevention, and Emergency
Original Budget
Current Budget
Amended Budget
Increase
Medical Services District Fund
(Decrease)
(Revenues:
Sales Taxes
1,564,807
1,564,807
2,061,850
497,043
Investment Income
-
660
1 660
Total
$ 1,564,807
$ 1,564,807
$ 2,062,510
S 497,703
Expenditures:
Personnel
1,490,812
1,490,812
1,974.335
483,523
Total
$ 1,490,812
$ 1,490,812
$ 1,974,335
$ 483,523
TIRZ #2 Fund
Original Budget
Current Budget
Amended Budget
Increase
(Decrease)
Revenues:
Impact Fee Revenue
-
-
-
-
Property Taxes -Town
10,350
10,350
10,900
550
Property Taxes -County
2,487
2,487
2,585
98
Sales Taxes -Town
10
10
-
(10)
Sales Taxes-EDC
10
10
(10)
Investment Income
150
150
200
50
Other
-
Total $ 13,007
$ 13,007
$ 13,6135
5 678
Expenditures:
Professional Services
-
-
Developer Reimbursement
13,007
13,007
13,775
768
Total $ 13,007
$ 13,007
S 13,775
$ 768
Escrow Fund Original Budget Current Budget Amended Budget Increase
(Decrease)
Revenues:
Escrow Income 580,000 580,000
Total $ $ - $ 580,000 $ 680,000
Expenditures:
Transferto CIP - 580,000 580,000
Total S $ - $ 580,000 $ 580,000
Ordinance 2021-76, Page 3
EXHIBIT "A"
BUDGET AMENDMENT
FISCAL YEAR 2020-2021
December 14, 2021
Special Revenue - CARES Act Fund Original Budget
Current Budget
Amended Budget
Increase
Decrease)
Revenues:
Grant Income -
662.567
1,419,080
756,513
Total $
& 662,567
$ 1,419,080
$ 766,513
Expenditures:
Salaries -
662,567
738,091
75,524
Office Equipment
53,627
114,730
61,103
Contract Services
33,720
21,
(1
Safety Equipment -
1,731 31
1,731
,
Capital Equipment -
538.117
544,420
603
303
Total 5 -
$ 11288,031
$ 1,420,317
$ 132,286
Economic Development Corporation Fund
Original Budget
Current Budget
Amended Budget
Increase
(Decrease)
Revenues:
Sales and use taxes
3,129,614
3,129,614
4,203,390
1,073,776
Investment Income
39,000
39,000
40,480
1,480
Other Revenue
-
-
22,500
22,500
Total
$ 3,168,614
$ 3,168,614
$ 4,266,370
$ 1,097,756
Expenditures:
Chapter380 Grant Program Expense
470,972
470,972
809,778
338,806
All Other
1,195,272
1.195 272
1,195,272
-
Total
6 1,666,244
$ 1,666,244
$ 2,005,050
$ 338,806
Total Revenue
Total Expenditures
Net Effect All Funds
Ordinance 2021-76, Page 4
$ 3,437,803.00
$ 2,175,110.00
$ 1,262,693.00