16-80 - O TOWN OF PROSPER, TEXAS ORDINANCE NO. 16-80
AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING
ORDINANCE NO. 15-58 (FY 2015-2016 BUDGET) AND ALLOCATING FUNDS
TO FUND INCREASED REVENUES OR FUND BALANCE OF $4,065,033 AND
INCREASED EXPENDITURES OF $4,074,533 IN THE SPECIAL REVENUE
FUND BUDGETS; INCREASED REVENUES OF $563,225 AND INCREASED
EXPENDITURES OF $563,225 IN THE WATER-SEWER FUND BUDGET;
INCREASED EXPENDITURES OF $47,422 IN THE GENERAL FUND;
INCREASED REVENUES OF $47,422 AND INCREASED EXPENDITURES OF
$47,422 IN THE GENERAL GOVERNMENT CAPITAL PROJECTS 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. 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 from fund balance
in the Court Security fund.
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 Y 20115-2016 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 by reference.
SECTION 3
Savings/Re ealina 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Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for
violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being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.
DULYAPPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPERTH DAY OF DECEMBER, 2016.
0 %���� APPROVED:
Ray Smith, ayor
ATTEST: TEXAS
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Robyn B t e, "own Secretary
APPROVED AS TO FORM AND LEGALITY:
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Terrence S. Welch, Town Attorney
Ordinance No.16-80,Page 2
EXHIBIT"A"
BUDGET AMENDMENT
FISCAL YEAR 2015-2016
December 13, 2016
Special Revenue Funds Original Current Amended Increase
Budget Budget Budget (Decrease)
Revenues:
From Fund Balance $ $ - $ 4,065,033 $ 4,065,033
Total $ - $ - $ 4,065,033 $ 4,065,033
Expenditures:
Salaries and Benefits $ - $ - $ 9,500 $ 9,500
Transfers out to CIP Fund $ - $ . $ 4,065,033 $ 4,065,033
Total $ - $ - $ 4,074,533 $ 4,074,533'
Water-Sewer Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Revenues:
Water Revenue $ 6,381,735 $ 6,381,735 $ 6,934,960 $ 553,225'
Sewer Revenue $ 2,942,000 $ 2,942,000 $ 2,952,000 $ 10,000
Total $ 9,323,735 $ 9,323,735 $ 9,886,960 $ 563,225
Expenditures:
Water Purchases $ 2,437,025 $ 2,588,187 $ 3,141,412 $ 553,22.5
Contracted Services $ 67"366 $ 47,641 $ 57,641 $ 10,000
Total $ 2,504,391 $ 2,635,828 $ 3,199,053 $ 563,225
General Fund Original Current Amended Increase
Budget Budget Budget (Decrease)
Expenditures:
Transfers Out $ - $ 1,308,758 $ 1,356,180 $ 47,422
Total $ - $ 1,308,758 $ 1,356,180 $ 47,422
Total Revenue $ 4,628,258
Total Expenditures 4,685,180
Net Effect All Funds $ (56,922)
Ordinance No.16-80,Page 3