HomeMy WebLinkAboutORD 93-21 - 1992/93 Budget.a
ORDINANCE NO,
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THEREWITH.
WHEREAS, Staff identified means in increase City revenues; and
WHEREAS, one additional staff person will be required to implement the new program;
WHEREAS, increased revenues will exceed anticipated staff costs; and
WHEREAS, the proposal was unknown and unforeseeable at the time the fiscal year
1992/93 budget was approved; and
WHEREAS, the City Charter allows for changes in the Annual Operating Plan by a
Council of a majority plus one in emergency situations;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF !' ! ',
SECTION 1.
The facts and recitations contained in the preamble of this ordinance are hereby found
and declared to be true and correct, and are incorporated by reference herein and expressly made
a part hereof, as if copied verbatim. The City Council hereby finds that this ordinance
implements Finance Policy 1 of the Century Plan- Policy Plan Element, which states "The City
will conduct all municipal operations in an efficient business -like manner" and further finds that
the enactment of this ordinance is not inconsistent or in conflict with any other Century Plan
Policies, as required by Section 2.03 of the Administrative Chapter of the Policy Plan,
SECTION 2.
The amendment to the 1992/93 Annual Operating Plan Element (Budget) of the revenues
of the City of Georgetown and expenses of conducting the affairs thereof, is in all things adopted
and approved as an addition to the previously approved budget of the current revenues and
expenses as well as fixed charges against said City for the fiscal year beginning October 1,
1992, and ending September 30, 1993. A copy of the amendment is attached hereto as Exhibit
A, and incorporated by reference herein.
SECTION 3.
The total of $11, 000 of interest revenues is hereby appropriated for payments of
expenditures and payments of the fund.
•
All ordinances and resolutions, or parts of ordinances and resolutions, in conflict with
this Ordinance are hereby repealed, and are no longer of any force and effect.
SECTION 5.
If any provision of this ordinance or application thereof to any person or circumstance,
shall be held invalid, such invalidity shall not affect the other provisions, or application thereof,
of this ordinance which can be given effect without the invalid provision or application, and to
this end the provisions of this ordinance are hereby declared to be severable.
SECTION 6.
The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest.
This ordinance shall become effective immediately.
PASSED AND APPROVED on First Reading on the 25th day of May, 1993
PASSED AND APPROVED on Second Reading on the 8th day of June, 1993.
ATTEST:
Elizabeth Gray
City Secretary
City Attorney
Budget Amendment No.
Page 2 of 3
THE CITY OF GEORGETOWN:
By: I o Wood
Mayor
:li
Annual Operating Plan d•-
Electric Fund:
Revenue
Interest $11, 000
Expenditures
Transfers Out-11t000
Excess revenue over expenditures i 0
General Fund:
Revenue
Transfers $11, 000
Expenditures
Accounting Department-114000
Excess revenue over expenditures
Budget Amendment No. I
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