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2022-79 - O - Amending Ordinance 2021-55 Budget Amendments FY 2021-2022 12.13.22TOWN OF PROSPER, TEXAS ORDINANCE NO.2022-79 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING ORDINANCE NO. 2021-55 (FY 2021-2022 BUDGET) TO FUND INCREASED EXPENDITURES OF $140,000; INCREASED EXPENDITURES OF $450,606 IN THE CRIME CONTROL AND PREVENTION DISTRICT FUND BUDGET; INCREASED EXPENDITURES OF $406,381 IN THE FIRE CONTROL, PREVENTION, AND EMERGENCY MEDICAL SERVICES DISTRICT FUND BUDGET; INCREASED EXPENDITURES OF $2,853,566 IN THE TIRZ #1 FUND BUDGET; INCREASED EXPENDITURES OF $22,121 IN THE TIRZ #2 FUND BUDGET; INCREASED EXPENDITURES OF $590,743 IN THE WASTEWATER IMPACT FEE FUND; INCREASED EXPENDITURES OF $383,197 IN THE STORMWATER DRAINAGE FUND; INCREASED EXPENDITURES OF $3,790,135 IN THE WEST THOROUGHFARE IMPACT FEE FUND; INCREASED EXPENDITURES OF $716,166 IN THE HEALTH 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. 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. 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. 2020-55 (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/Repealiny 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 All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance.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 13TH DAY OF DECEMBER, 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. 2022-79, Page 2 FUND CATEGORY GENERAL FUND EXPENDITURES Transfers TIRZ #1 FUND REVENUES Impact Fee Revenue EXPENDITURES Developer Reimbursement EXHIBIT "A" BUDGET AMENDMENT FISCAL YEAR 2021-2022 December 13,2022 DESCRIPTION AMENDMENT To Stormwater Drainage to support fund balance 140,000 TOTAL EXPENDITURES 140,000 NET CHANGE IN GENERAL FUND BALANCE (140,000) Increased to match actual revenue 2,584,379 TOTAL REVENUES 2,584,379 Increase in Impact Revenue increased reimbursement 2,853,566 TOTAL EXPENDITURES 2,853,566 NET CHANGE IN TIRZ #1 FUND BALANCE (269,187) TIRZ #2 FUND REVENUES Property Tax -Town Increased to match actual revenue 22,195 TOTAL REVENUES 22,195 EXPENDITURES Developer Reimbursement Increase in Property Tax increased reimbursement 22,121 TOTAL EXPENDITURES 22,121 NET CHANGE IN TIRZ #2 FUND BALANCE 74 CRIME CONTROL AND PREVENTION SPECIAL PURPOSE DISTRICT REVENUES Sales Tax Increased to match Sales Tax Revenue 443,206 TOTAL REVENUES 443,206 EXPENDITURES Personnel Increased to comply with cash balance policy 430,217 Other Increased to match actuals 20,389 450,606 NET CHANGE IN CRIME SPD (7,400) FIRE CONTROL, PREVENTION AND EMERGENCY MEDICAL SERVICES SPECIAL PURPOSE DISTRICT REVENUES Sales Tax Increased to match Sales Tax Revenue 438,473 TOTAL REVENUES 438,473 EXPENDITURES Personnel Increased to comply with cash balance policy 386,000 Other Increased to match actuals 20.381 NET CHANGE IN FIRE SPD Ordinance 2022-79, Exhibit A WASTEWATER IMPACT FEE FUND REVENUES Impact Fees Equity Fees EXPENDITURES Operations -Developer Reimb. STORMWATER DRAINAGE FUND REVENUES Transfers In EXPENDITURES Capital WEST THOROUGHFARE IMPACT FEE FUND EXPENDITURES Operations -Developer Reimb. HEALTH FUND REVENUES Other Income EXPENDITURES Operating Expenses Claims EXHIBIT "A" BUDGETAMENDMENT FISCAL YEAR 2021-2022 December 13,2022 Increased to match actuals Increased to match actuals 151,000 128,000 279,000 590,743 590,743 NET CHANGE IN WASTEWATER IMPACT FEE FUND (311,743) From General Fund 140,000 140,000 383,197 383,197 NET CHANGE IN STORMWATER DRAINAGE FUND (243,197) 3,790,135 3,790,135 NET CHANGE IN WEST THOROUGHFARE IMPACT FEE FUND (3,790,135) 628,068 628,068 65,966 649,200 715,166 NET CHANGE IN HEALTH FUND (87,098) Ordinance 2022-79, Exhibit A