15-78 - O TOWN OF PROSPER, TEXAS ORDINANCE NO. 15-78
AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING
ORDINANCE NO. 15-58 (FY 2015-2016 BUDGET) AND ALLOCATING FUNDS
TO FUND INCREASED EXPENDITURES OF $37,436 IN THE GENERAL
FUND BUDGET; INCREASED EXPENDITURES OF $35,000 IN THE STORM
WATER FUND BUDGET; INCREASED EXPENDITURES OF $36,700 IN THE
WATER IMPACT FEE FUND BUDGET; INCREASED EXPENDITURES OF
$73,410 IN THE SEWER IMPACT FEE FUND BUDGET; DECREASED
EXPENDITURES OF $17,500 IN THE EAST THOROUGHFARE IMPACT FEE
FUND BUDGET; INCREASED EXPENDITURES OF $17,500 IN THE WEST
THOROUGHFARE IMPACT FEE FUND BUDGET; AND INCREASED
TRANSERS IN OF $10,215, INCREASED REVENUES OF $30,645, AND
INCREASED EXPENDITURES OF $40,860 IN THE CIP 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. 15-58 (FY 2015-2016 Budget) for
the purposes listed in Exhibit "A," attached hereto and incorporated by reference; and
WHEREAS, the changes will result in budgeted funds being reallocated among different
funds and departments and an overall net increase in the budget for funding expenditures for a
vehicle, legal fees, the 2016 Impact Fee Update, the Lakes of Prosper North Development
Agreement, and a FEMA Grant for the repair of Harper Road.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
Findin s lnor orated. The findings set forth above are incorporated into the body of
this Ordinance as if fully set forth herein.
SECTION 2
Amendment to Ordinance l o. 15-58 FY 2015-'2016 Bud et . Ordinance No. 15-58 (FY
2015-2016 Budget) is hereby amended to allow for increases to revenues and appropriations as
shown in Exhibit "A," attached hereto and incorporated herein.
SECTION 3
Savin slle ealin 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are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the
repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any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 8TH DAY OF DECEMBER, 2015.
TOWN OF PROSP R, TEXAS
Ray Srnit , Mayor
ATTE O
Robyn Baf;Town Secretary
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Welch, Town Attorney
Ordinance No.15-78,Page 2
EXHIBIT"A"
BUDGET AMENDMENT
FISCAL YEAR 2015-2016
December 8, 2015
General Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Inspections Capital Expenditures-Vehicles $ 21,000 $ 21,000 $ 38,436 $ 17,436
Planning Legal Fees-Subdivision Ordinance 32,000 32,000 52,000 20,000
Total $ 63,000 $ 63,000 $ 60,436 $ 37,436
Storm Water Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Lakes of Prosper Development Agreement $ - $ $ 35„000 $ 35,000
Total $ $ - $ 35,000 $ 36,000
Water Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
2016 Impact Fee Update $ 35„000 $ 35,000 $ 71„700 $ 36,700
Total $ 35,.000 $ 35,000 $ 71,700 $ 36,700
Sewer Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
2016 Impact Fee Update $ 35,000 $ 35„000 $ 108,410 $ 73,410
Total $ 36,000 $ 35,000 $ 108,410 $ 73,4110
East Thoroughfare Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
2016 Impact Fee Update $ 35,000 $ 35,000 $ 17,500 $ (17„500)
Total $ 36,000 $ 36,000 $ 17,600 $ 17,,500
West Thoroughfare Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
2016 Impact Fee Update $ - $ - $ 17,500 $ 17„500
Total $ - $ - $ 17,500 $ 17,600,
CIP Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Revenues:
Grant Revenue- Harper Road Repair $ - $ - $ 30,645 $ 30,645
Transfer from General Fund-Public Works/Street - - 10,215 10,215
Total $ $ - $ 40,860 $ 40,860
Expenditures:
Grant Expenditure-Harper Road Repair $ - $ - $ 40,860 $ 40,860
Total $ _ $ 40,860 $ 40,860
EXHIBIT"A"
BUDGET AMENDMENT
FISCAL YEAR 2015-2016
December 8, 2015
General Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Inspections Capital Expenditures-Vehicles $ 21,000 $ 21,000 $ 38,436 $ 17,436
Planning Legal Fees-Subdivision Ordinance 32,000 32,000 52,000 20,000
Total $ 53,000 $ 53,000 $ 80 436 $ 37,436
Total Revenue $ 40,860
Total Expenditures 223,406
Net Effect All Funds $ (182,546)
Increase General Fund $ 37,436
Increase in 2016 Impact Fee Update 110,110
Lakes of Prosper Development Agreement 35,000
Increased Expenditures this Budget Amendment-All Funds $ 182,546