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HomeMy WebLinkAboutOrdinance No. 2008-01 - r (Title: An Ordinance adopting Budget Amendment IV to the Original General Budget of the City for Fiscal Year 2006-2007 to provide for supplemental appropriation and/ori transfer of certain funds.) ORDINANCE NO. 2008-01 i AN ORDINANCE AMENDING CITY OF FRIENDSWOOD, TEXAS, ORDINANCE NO. 2006-24, PASSED AND APPROVED SEPTEMBER 25, 2006, SAME BEING AN ORDINANCE APPROVING AND ADOPTING THE CITY'S GENERAL BUDGET FOR FISCAL YEAR 2006-2007, BY APPROVING "BUDGET AMENDMENT IV" TO THE "ORIGINAL GENERAL BUDGET OF THE CITY OF FRIENDSWOOD, TEXAS,FOR THE FISCAL YEAR 2006-2007'; PROVIDING FOR SUPPLEMENTAL APPROPRIATION AND/OR TRANSFER OF CERTAIN FUNDS; PROVIDING FOR SEVERABILITY; AND PROVIDING OTHER MATTERS RELATED TO THE SUBJECT. i WHEREAS, by Ordinance No. 2006-24, the City Council of the City of Friendswood, Texas, adopted its "Original General Budget for Fiscal Year 2006-2007"; and WHEREAS, the City Council has determined that revenues and/or reserves are available for supplemental appropriation, and/or that the transfer of certain funds interdepartmentally is economically feasible and in the best interest of prudent budgeting; and WHEREAS, the City Council desires to amend said Original General Budget to reflect such supplemental appropriation and/or transfer in the fiscal year 2006-2007; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, I STATE OF TEXAS: Section 1. The facts and matters set forth in the preamble of this Ordinance are hereby found to be true and correct. Section 2. The "Original General Budget of the City of Friendswood, Texas, for the Fiscal Year 2006-2007," is hereby amended as shown on `Budget Amendment IV" to the "Original Budget of the City of Friendswood, Texas, for the Fiscal year 2006-2007" attached hereto. Said Budget Amendment IV shall be attached to and made a part of such Original General Budget by the City Secretary and shall be filed as required by state law, a true and correct copy of which is attached hereto as Exhibits "A" and `B" and made a part hereof for all purposes. Section 3. In the event any clause, phrase, provision, sentence, or part of this ordinance or the application of the same to any person or circumstance shall for any reason be adjudged I I invalid or held unconstitutional by a court of competent jurisdiction, it shall not affect, impair, or invalidate this ordinance as a whole or any part or provision hereof other than the part declared to be invalid or unconstitutional; and the City Council of the City of Friendswood, Texas, declares that itI would have passed each and every part of the same notwithstanding the omission of any such part, thus declared to be invalid or unconstitutional,whether there be one or more parts. PASSED, APPROVED, and ADOPTED on first and final reading this 14te day of, January,2008. '��A o ELI,, D J. H. Smith Mayor ATTEST: I De oris McKenzie,-TRMC -� City Secretary O� FitlElyOa$ v � O 1f' ar�Te or Ord.2008-01 2 i Attachment A Page 1 of 1 City of Friendswood Budget Amendment Summary Fiscal Year 2006 — 2007 Budget Amendment IV January 14, 2008 1 Prior Year Encumbrance, $135,642 Appropriate funds for purchase order issued in fiscal year 2006 to Smith's Classic Construction for street repairs and maintenance which remained outstanding at fiscal year end, September 30, 2006. Goods and services for these purchase orders were received and expensed in 2007. 2 Compensation Plan Software Utility, $22,500 Appropriate funds for expenditures related to the utilization of compensation plan software. The funding source will be undesignated general fund balance. Approved by City Council on August 6, 2007. 3 Friendswood Link Road extension, $331,806 Appropriate funds for the extension of Friendswood Link Road from Beamer Road to Blackhawk Boulevard. The funding sources will be undesignated general fund balance and interest earned from the 2003 General Obligations Bonds issued in 2005. The total project cost was $565,998. Approved by City Council on April 16, 2007. 4 Mothers Against Drunk Driving (MADD) Donation, $5,000 Appropriate MADD donation for the purchase of a breath alcohol intoxilizer. Donated funds were received September 17, 2007. 5 Fund Balance Adjustment, $23,561 Correction of a duplicate budget amendment transaction for Public Safety Building antennas. The item was included in Budget Amendment I and Budget Amendment II for fiscal year 2006-07. 6 Drainage Project design Engineering, $32,000 Appropriate funds for Glenshannon drainage project design engineering. The funding source will be the 2003 General Obligations Bond issued in 2005. Approved by City Council on July 2, 2007. 7 Tax Refund Adjustment, $50,180 Adjustment for 2005 property tax refund actual expense. The original estimate of the property tax refund was $1,100,159. The actual expense was $1,049,979. Funds will be returned to the undesignated general fund balance. Ord 2008-01 2007 BA IV-Attachment A City of Friendswood 2006-07 Budget Amendment IV-Attachment B fEA Account Number Project No. Descri tion Amount 001-0000-305.00-00 General Fund Balance-Prior Year Encumbrance (Street Improvements) (135,542) 001-7001-431.85-10 Prior Year Encumbrance-Street Improvements 135,542 2 001-0000-305.00-00 General Fund Balance-Compensation Plan Software Utility (22,500) 2 001-0410-415.71-40 Compensation Plan Software Utility 22,500 3 1001-0000-305.00-00 General Fund Balance-Friendswood Link Road (187,700) 3 251-0000-302.00-00 2003 General Obligation Bond Interest (144,106) 3 001-7001431.85-11 Friendswood Link Road construction (Beamer Road to Blackhawk Blvd.) 331,806 4 101-0000-386.00-00 Police Seizures (Federal) -Miscellaneous Receipts(Intoxilizer) (5,000) 4 101-2130-421.88-00 MADD Donation for Intoxilizer 5,000 5 101-2101-421.88-00 Correct Duplicate Budget Amendment(PSB antennas) (23,561) 5 101-0000-302.00-00 Police Seizures (Federal) -Correct Duplicate Budget Amendment(PSB antennas) 23,561 6 250-0000-302.00-00 2003 General Obligation Bond Construction Fund (32,000) 6 251-7001431.85-81 Design Engineering -Glenshannon Drainage Project 32,000 7 001-0000-301.00-00 General Fund Balance-,Adjustment for Actual Tax Refund Amount (50,180) 7 001-0406415.74-33 Adjustment for Actual Tax Refund Amount 50,180 Page 1 lam,