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17-17 O - Amending Ord. 16-55 (FY 16-17 Budget) Allocating Funds for Increased ExpendituresTOWN OF PROSPER, TEXAS ORDINANCE NO. 17-17 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING ORDINANCE NO. 16-55 (FY 2016-2017 BUDGET) AND ALLOCATING FUNDS TO FUND INCREASED EXPENDITURES OF $582,771 IN THE GENERAL FUND, $1,110,684 IN THE WATER/SEWER FUND, $2,706 IN THE STORM DRAINAGE FUND, AND $3,777 IN THE SPECIAL REVENUE -COURT SERCURITY 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. 16-55 (FY 2016-2017 Budget) for the purposes listed in Exhibit "A" and Exhibit "B," attached hereto and incorporated herein by reference; and WHEREAS, the changes will result in budgeted funds being reallocated within the General Fund 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 Findinais Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2 Ordinance No. 16-55 (FY 2016-2017 Budget) is hereby amended to allow for increases to appropriations as shown in Exhibit "A" and Exhibit "B," attached hereto and incorporated herein by reference. SECTION 3 Savings/Reoealinq 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 All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance.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 Severabilitv. 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, %TEX%vQiN1TjgP 28T" DAY OF FEBRUARY, 2017. ......... TOWN OF PROSPER, TEXAS _ 9 / v p Ray Smith, �IAayor � � C ATTE 0� r Robyn Ba le, own Secretary, APPROVED AS TO FORM AND LEGALITY: Terrence S. We ch, Town Attorney Ordinance No. 17-17, Page 2 WATER/SEWER FUND Revenues: Water Charges for Services Wastewater Charges for Services Expenditures: Water Division -Water Purchases Sewer Division -Management Fees Total Revenue Total Expenditures Net Effect All Funds EXHIBIT "A" BUDGET AMENDMENT FISCAL YEAR 2016-2017 February 28, 2017 Original Current Amended Increase Budget Budget Budget (Decrease) $ 7,090,107 $ 7,090,107 $ 7,846,619 $ 756,512 3,236,000 3,236,000 3,468,542 232,542 Total $ 10,326,107 $ 10,326,107 $ 11,315,161 $ 989,054 $ 2,748,305 $ 2,748,305 $ 3,701,359 $ 953,054 1,770,668 1,770,668 1,886,668 116,000 Total $ 4,518,973 $ 4,518,973 $ 5,588,027 $ 1,069,054 Ordinance No. 17-17, Page 3 $ 989,054 1,069,054 $ (80,000) EXHIBIT "B" BUDGET AMENDMENT FISCAL YEAR 2016-2017 February 28, 2017 GENERAL FUND Original Current Amended Increase Budget Budget Budget (Decrease) Revenue: Property Taxes $ 10,003,217 $ 10,003,217 $ 10,493,899 $ 490,682 Sales Taxes 4,249,600 4,249,600 4,652,191 402,591 Building Inspection Fees 3,015,385 3,015,385 3,100,289 84,904 Total $ 17,268,202 $ 17,268,202 $ 18,246,379 $ 978,177 Expenditures: Administration -Personnel $ 1,411,063 $ 1,430,987 $ 1,477,734 $ 46,747 Police Services -Personnel 2,894,884 2,928,527 3,112,077 183,550 Fire Services -Personnel 4,078,540 4,120,110 4,382,162 262,052 Public Works -Personnel 234,538 238,797 241,883 3,086 Community Services -Personnel 1,431,131 1,449,314 1,498,003 48,689 Development Services -Personnel 1,516,172 1,531,077 1,565,239 34,162 Engineering -Personnel 760,152 764,532 769,017 4,485 Total $ 12,326,480 $ 12,463,344 $ 13,046,115 $ 582,771 SPECIAL REVENUE FUND Original Current Amended Increase Budget Budget Budget (Decrease) Expenditures: Court Sercurity-Personnel $ 6,510 $ 6,510 $ 10,287 $ 3,777 Total $ 6,510 $ 6,510 $ 10,287 $ 3,777 WATER/SEWER FUND Original Current Amended Increase Budget Budget Budget (Decrease) Expenditures: Administration -Personnel $ 195,119 $ 199,673 $ 202,961 $ 3,288 Public Works -Personnel 1,600,392 1,620,956 1,659,298 38,342 Total $ 1,795,511 $ 1,820,629 $ 1,862,259 $ 41,630 STORM DRAINAGE FUND Original Current Amended Increase Budget Budget Budget (Decrease) Expenditures: Engineering -Personnel $ 149,963 $ 149,963 $ 152,669 $ 2,706 Total $ 149,963 $ 149,963 $ 152,669 $ 2,706 Total Revenue 978,177 Total Expenditures 630,884 Net Effect All Funds $ 347,293 Ordinance No. 17-17, Page 4