16-25 - O TOWN OF PROSPER, TEXAS ORDINANCE NO. 16-25
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 $127,890 IN THE GENERAL
FUND BUDGET; DECREASED EXPENDITURES OF $4,227 IN THE WATER
IMPACT FEE FUND BUDGET; INCREASED EXPENDITURES OF $4,583 IN
THE SEWER IMPACT FEE FUND BUDGET; INCREASED EXPENDITURES
OF $32,822 IN THE EAST THOROUGHFARE IMPACT FEE FUND BUDGET;
INCREASED EXPENDITURES OF $219,822 IN THE WEST THOROUGHFARE
IMPACT FEE FUND BUDGET; AND INCREASED TRANSERS IN OF $12,890
AND INCREASED EXPENDITURES OF $12,890 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 herein 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
Professional Services for the Town Hall/Multi-Purpose Facility, Mid-Block Sidewalk Flashers,
Windsong Ranch Elementary School Zone, Harper Road Construction, First Street and Dallas
North Tollway Traffic Signal, Impact Fee Study, and Median Landscaping.
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. 15-58 (FY 2015-2016 Budget). 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
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are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the
repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any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 12TH DAY OF APRIL, 2016.
TOWN OF PROSPER, TEXAS
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Ray Smith, ayor
ATTS° ul �
Robyn B r
le, Tv n secretary
APPROVED AS TO FORM AND LEGALITY:
—.
Terrence S. Welch, Town Attorney
Ordinance No.16-25,Page 2
EXHIBIT"A"
BUDGET AMENDMENT
FISCAL YEAR 2015-2016
April 12, 2016
General Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Street Department $ 2,014,984 $ 2„014„984 $ 2,1'42,874 $ 127„890
Total $ 2,014,984 $ 2,014 984 $ 2:142,874 $ 127;890
Water Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Impact Fee Study $ 35,000 '$' 71,700 $ 67,473 $ L4,227)
Total $ 35,000 $ 71,700 $ 67,473 $ 4 227
Sewer Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Impact Fee Study $ 35,000 $ 108„410 $ 112,993 $ 4,583
Total $ 35,000 $ 108,410 $ 112,993 $ 4,583
East Thoroughfare Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Median Landscaping $ - $ - $ 33,000 $ 33,600
Impact Fee Study 35,000 17,500 17,322 178
Total $ 35 000 $ 17,500 $ 60,322 $ 32,822
West Thoroughfare Impact Fee Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
First Street at Dallas North Tollway Traffic Signal $ $ - $ 220,000 $ 220,000
Impact Fee Study 17,500 17,322 178
Total $ - $ 17,500 $ 237,322___$__ 219 822
CIP Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Revenues:
Transfer from General Fund- Public Works/Street - - 12,890 12,890
Total $ $ $ 12,890 $ 12,890
Expenditures:
Harper Road Repair 40,860 53,750 12,890
Total $ - $ 40,860 $ 5'3 750 $ 12,890
Ordinance No.16-25,Page 3
EXHIBIT"A"
BUDGET AMENDMENT
FISCAL YEAR 2015-2016
April 12,2016
Total Revenue $ 12,890
Total Expenditures 393,780
Net Effect All Funds $ 1380,890)
Mid-Block Sidewalk Flashers 55,000
Windsong Ranch Elementary School Zone(Signage and Flashers) 60,000
Harper Road Repair 12,890
First Street at DNT Traffic Signal 220,000
Median Landscaping 33,000
Increased Expenditures this Budget Amendment-All Funds $ 380,890
Ordinance No.16-25,Page 4