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2022-06 - O - Budget Amendment FY 2021-2022 - Tree Replacement 01.25.22TOWN OF PROSPER, TEXAS ORDINANCE NO. 2022-06 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING ORDINANCE NO. 2021-55 (FY 2021-2022 BUDGET) TO FUND INCREASED EXPENDITURES OF $90,780 IN THE GENERAL 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. 2021-55 (FY 2021-2022 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 increase in the budget for funding from fund balance. 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. 2021-55 FY 2021-2022 Budget). Ordinance No. 2021-55 (FY 2021-2022 Budget) is hereby amended to allow for increases to appropriations as shown in Exhibit 'A" attached hereto and incorporated herein by reference. SECTION 3 Sayings/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 All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance.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 26TH DAY OF JANUARY 2022. TOWN OF PROSPER, TEXAS Ray Smith, M or ATTEST TO: is Michelle Lewis Siriannl, Town Secretary APPROVED AS TO FORM AND LEGALITY: Terrence S. Welch, Town Attorney Ordinance No. 2022-06, Pp. 2 jp 1914 XEX 5 DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, ON THIS 25TH DAY OF JANUARY 2022. TOWN OF PROSPER, TEXAS � 16AZm: Ray Smith, M yor ATTEST TO: bl' Michelle Lewis Sirianni, Town Secretary APPROVED AS TO FORM AND LEGALITY: Terrence S. Welch, Town Attorney Ordinance No. 2022-06, Page 2 EXHIBIT "A" BUDGET AMENDMENT FISCAL YEAR 2021-2022 January 25, 2022 General Fund Original Budget Current Budget Amended Budget Increase (Decrease) Revenues: Property Tax 19,266,473 19,266,473 19,266,473 Sales Tax 8,077,237 8,077,237 8,077,237 Franchise Fees 1,997,889 1,997,889 1,997,889 License, Fees & Permits 5,068,480 5,068,480 5,068,480 Charges for Services 583,724 583,724 583,724 Fines & Warrants 325,500 325,500 325,500 Grants 232,914 232,914 232,914 Investment Income 70,000 70,000 70,000 - Transfers In 1,100,514 1,100,514 1,100,514 - Miscellaneous 132,850 132,850 132,850 Park Fees 441,500 441,500 441,500 Total $ 37,297,081 $ 37,297,081 $ 37,297,081 3 - Expenditures: Administration 7,222,692 8,197,606 8,197,606 - Police Services 6,520,223 6,568,800 6,568,800 Fire Services 8,738,347 8,916,206 8,916,206 Public Works 3,697,980 4,276,699 4,276,699 Community Services 6,575,735 6,745,376 6,836,156 90,780 Development Services 4,211,352 4,557,791 4,557,791 Engineering 4,175692 4199,813 4199,813 - Totai $ 41,142,021 $ 43,462.291 $ 43,553,071 $ 90,780 Total Revenue $ Total Expenditures $ 90,780.00 Net Effect All Funds $ (90,780.00)