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2022-28 O - Amending Ord. 2021-55 FY 2021-2022 Budget AmendmentsTOWN OF PROSPER, TEXAS ORDINANCE NO. 2022-28 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING ORDINANCE NO. 2021-55 (FY 2021-2022 BUDGET) TO FUND INCREASED EXPENDITURES OF $218,185 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 Savings/Rel2ealing 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 All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance.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 JUNE, 2022. TOWN OF PROSPER, TEXAS J� David F. Bristol, Mayor ATTEST TO: 1y r Michelle Lewis Sirianni, Town Secretary APPROVED AS TO FORM AND LEGALITY: Terrence S. W Ich, Town Attorney Ordinance No. 2022-28, Page 2 DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, ON THIS 14TH DAY OF JUNE, 2022. TOWN OF PROSPER, TEXAS David F. Bristol, Mayor ATTEST TO: Michelle Lewis Sirianni, Town Secretary APPROVED AS TO FORM AND LEGALITY: Terrence S. Welch, Town Attorney Ordinance No. 2022-28, Page 2 EXHIBIT "A" BUDGET AMENDMENT FISCAL YEAR 2021-2022 June 14, 2022 General Fund Original Budget Current Budget Amended Budget Increase (Decrease) Revenues: Property Tax 19,266,473 19,266,473 19,320,044 53,571 Sales Tax 8,077,237 8,077,237 9,226,963 1,149,726 Franchise Fees 1,997,889 1,997,889 2,289,984 292,095 License, Fees & Permits 5,068,480 5,068,480 5,708,005 639,525 Charges for Services 583,724 583,724 915,324 331,600 Fines & Warrants 325,500 325,500 250,425 (76,075) Grants 232,914 232,914 212,645 (20,269) Investment Income 70,000 70,000 90,000 20,000 Transfers In 1,100,514 1,100,514 1,100,514 Miscellaneous 132,850 132,850 223,889 91.039 Park Fees 441.500 441,500 670,750 229,250 Total $ 37.297,081 $ 37,297,081 $ 40,008,543 $ 2,711,462 Expenditures: Administration 7,222,692 8,402,210 8,620,395 218,185 Police Services 6,520,223 6,789,149 6,789,149 - Fire Services 8,738,347 10,801,074 10,801,074 - Public Works 3,697,980 4,287,649 4,287,649 - Community Services 6,575,735 6,953,096 6,953,096 Development Services 4,211,352 4,589,655 4,589,655 - Engineering 4,175,692 4.236.573 4.236,573 - Total $ 41,142,021 $ 46,059,406 $ 46,277,591 $ 218,185 Total Revenue $ 2,711,462.00 Total Expenditures $ 218,185.00 Net Effect All Funds $ 2,493,277.00