HomeMy WebLinkAboutORD 2014-08 - 2012/13 & 2013/14 BudgetAN ORDINANCE AMENDING THE 2012113 ANNUAL BUDGET DUE TO
CONDITIONS THAT RESULTED IN YEAR END BUDGET VARIANCES;
AND THE 2013114 ANNUAL BUDGET DUE TO CONDITIONS THAT
RESULTED IN NEW PROGRAM REQUIREMENTS IN THE CURRENT
YEAR, AND EXCESS FUND BALANCE AT THE END OF FISCAL YEAR
2012/13 DUE TO THE TIMING OF CAPITAL PROJECTS AND OTHER
EXPENDITURES; APPROPRIATING THE VARIOUS AMOUNTS
THEREOF; AND REPEALING ALL ORDINANCES OR PARTS OF
ORDINANCES IN CONFLICT THEREWITH.
WHEREAS, the City had increased 2012/13 expenditures related to Streets sidewalk
expenditures for the Safe Routes to School grant in the General Fund; and for the timing of
capital projects for previously approved road improvements and the public safety facility in the
General Capital Projects Fund; and the voter approved debt issue payments for the public
safety facility in the General Debt Service Fund; and related to the following Special Revenue
Funds; Tourism, Street Sales Tax, Permitting, FEMA and Williamson Drive for pass- through
grant to Williamson County; and
WHEREAS, these circumstances have resulted in higher than anticipated expenses
with offsetting revenues and fund balances; and
WHEREAS, the changes were unknown and unforeseeable at the time the fiscal
year 2012/13 budget was approved; and
WHEREAS, certain 2013/14 mid -year adjustments are required to accommodate
timing and changing conditions due to capital improvements and technology equipment
needs that occurred during FY 2013/14; and
WHEREAS, certain capital improvement and other planned projects budgeted in FY
2012/13 were not completed in FY 2012/13; and
WHEREAS, these certain capital improvements and other planned projects need
funds and related budget appropriations to be rolled forward into FY 2013/14; and
WHEREAS, the General Fund, Stormwater Drainage Fund, and Water Services
Fund had 2012/13 ending fund balance in excess of amounts projected at the time of the
FY 2013/14 budget adoption; and
WHEREAS, the City Council of the City of Georgetown wishes to use those excess
funds for one -time expenditures and to reduce new debt issue required in FY 2013/14; and
WHEREAS, Airport Fund, Information Technology Fund and Electric Fund have
sufficient revenues from bond proceeds and 2012/13 fund balances in excess of amounts
projected at the time of the FY 2013/14 budget adoption; and
Ordinance Number: JOIL4 Page 1 of 3
Description: Prior Year, Roll- forward and Mid -Year Budget Amendment
Date Approved: January 28, 2014
WHEREAS, the City Council of the City cf Georgetown wishes to use those excess
funds for these new conditions iDFY2O13/ 4; and
\80{ERE/\S, the changes were unknown and unforeseeable st the time the fiooa|
year 2013/14 budget was approved; and
WHEREAS, the City Charter allows for changes in the Annual Operating Plan by o
Council majority p!uaonainernergencysiLuaUoDs;
y4OVV THEREFORE, BE|T ORDAINED BYTHE CITY COUNCIL QFTHE CITY OF
GEORGETOWN, TEXAS, THAT:
SECTION 1.
The facts and recitations contained in the preamble of this ordinance are hereby found
and declared to be true and oorneo1, and are incorporated by rehananna herein and oxpnaosk/
made a part hereof, as if copied verbatim.
SECTION 2.
The amendment tn the 2U12Y13 Annual Budget Of the revenues Vf the City ofGeorgetown
and expenses of conducting the affairs thereof, is in all things adopted and approved as an
addition tJthe previously approved budget of the current revenues and expenses ao well eo
fixed charges against said City for the fiscal year beginning October 1' 2012. and ending
September 30. 2013. A copy of the amendment in attached hanabz as Exhibit "A" incorporated
by reference herein.
SECTION 3.
The total of $10.152.088 is hereby appropriated for payments of expenditures and
payments of the funds and included in the Exhibit "A".
SECTION 4.
The amendment to the 2O13/14 Annual Budget of the revenues of the City of Georgetown
and expenses of conducting the affairs theraof, 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 hsoe| year beginning October 1. 2013, and ending
September 30.2O14. A copy of the amendments are attached hereto as Exhibit "B"and Exhibit
"C". and incorporated bv reference herein.
SECTION 5.
The total of $14/�47.500 is hereby appropriated for payments of expenditures and
payments of the funds and included in the Exhibit "B" and Exhibit "C".
Ordinance Number: Page 2of3
Description: Prior Year, Roll-forward and Mid-Year Budget Amendment
Date Approved: January 28.2O14
SECTION 6
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. This ordinance
complies with the vision statement of the Georgetown 2030 Plan.
SECTION 7.
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 8.
The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest.
This ordinance shall become effective upon adoption of its second and final reading by the City
Council of the City of Georgetown, Texas.
PASSED AND APPROVED on First Reading on the 14th day of January, 2014.
PASSED AND APPROVED on Second Reading on the 28th day of January, 2014.
AT ST:
'Ti a Brettle
. ecretary
APPROVED t FORM:
Bridget Cha a`
City Attorney
Ordinance Number: doi
}
T CITY OF EORGETOWN:
By: George G
Mayor
Description: Prior Year, Roll- forward and Mid -Year Budget Amendment
Date Approved: January 28, 2014
Page 3 of 3