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Home My WebLink About1964 08-28-2012 ORDINANCE NO. 1964 AN ORDINANCE ADOPTING THE OFFICIAL OPERATING AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2012, AND ENDING SEPTEMBER 30, 2013; AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011, AND ENDING SEPTEMBER 30, 2012; PROVIDING FOR THE INVESTMENT OF FUNDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager's recommended budget for the fiscal year beginning October 1, 2012, and ending September 30, 2013, was posted on the city's website and filed in the office of the City Secretary of the City of Euless on July 27, 2012, and has been available to the citizens and the public for their inspection since that date; and WHEREAS, the FY2012-2013 proposed Budget, attached hereto as Exhibit A and incorporated herein for all purposes, specifically sets forth each of the various funds for which appropriations are delineated, and the estimated amount of money carried in the Budget for each of such funds; and WHEREAS, the FY2012-2013 proposed Budget includes, by reference, certain elements of the Capital Improvements Program, attached hereto as Exhibit B, which details planned capital improvement projects of the city that have been identified to date and contains a statement proposing capital expenditures deemed necessary for undertaking during the next budget year and recommended provisions for financing and a list of capital projects which should be undertaken within the five (5) next succeeding years; and WHEREAS, on August 28, 2012, the Euless City Council held a public hearing on the proposed Budget at which time all citizens and interested persons were given an opportunity to be heard regarding the Budget; and WHEREAS, notice of such public hearing on the Budget was duly published in accordance with law and at the conclusion of such hearing, it was determined that such Budget should be adopted; and WHEREAS, the City Council deems it to be in the best interest of the citizens to amend the FY2011-2012 budget due to unforeseen circumstances. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1. The official Budget for the City of Euless for the fiscal year beginning October 1, 2012, and ending September 30, 2013, attached hereto as Exhibit A, is hereby adopted and there is hereby appropriated from the funds indicated therein such sums for the projects, operations, activities, purchases, and other expenditures proposed in the Budget. The Euless City Secretary is directed to keep and maintain a copy of such official Budget on file in the office of the City Secretary available for inspection by citizens and the general public. A copy of the Budget shall be posted on the official website for the City of Euless. In addition, the City Manager shall file or cause to be filed a true and correct copy of this ordinance, along with the approved Budget, and any amendments thereto, in the office of the County Clerk of Tarrant County, Texas, as required by State law. SECTION 2. The City Council hereby approves as a part of the Budget the FY2012-2013 Capital Improvements Program, attached hereto as Exhibit B, which details planned capital improvement projects of the city that have been identified to date. This document meets the requirements of the City Charter, Article VII, Section 2 (5) which requires "A statement proposing any capital expenditures deemed necessary for undertaking during the next budget year and recommended provisions for financing" and Section 2 (6) which requires, "A list of capital projects which should be undertaken within the five (5) next succeeding years." The Euless City Secretary is directed to keep and maintain a copy of such Capital Improvement Program on file in the office of the City Secretary available for inspection by citizens and the general public. A copy of the Capital Improvement Program shall be posted on the official website for the City of Euless. SECTION 3. The FY 2011-2012 official operating Budget for the City of Euless is amended to provide an additional $13,183,083 to refund certain outstanding bond issues and pay related principal, interest and associated costs. The revised figures, prepared and submitted by the City Manager for the 2011-2012 budget are hereby approved and appropriated, and any necessary transfers between accounts and departments are hereby authorized, approved and appropriated. SECTION 4. All funds appropriated and allocated shall be expended and used pursuant to the provisions of such official Budget and the City Manager is directed to appropriate and expend City funds according to City Charter provisions. Ordinance No. 1964, Page 2 of 5 SECTION 5. The sums below are hereby appropriated from the respective operating funds for the payment of expenditures on behalf of the city government as established in the approved Budget document: FY2012 FY2013 Amended Budgeted FUND Expenditures Expenditures General Fund $ 34,255,753 Hotel/Motel Fund $ 277,810 Juvenile Case Fund $ 80,589 Half Cent Sales Tax Fund (EDC) $ 4,208,930 Crime Control & Prevention District Fund (CCPD) $ 1,890,825 Police Drug Fund (DEA) $ 500 Public Safety Grant Funds $ 368,557 Car Rental Tax Fund $ 12,709,868 Glade Parks Tax Increment Reinvestment Zone $ 11,630 Glade Parks Public Improvement District $ 228,364 General Obligation Debt Service Fund $ 9,675,915 $ 3,603,384 Star Center Debt Service Fund $ 710,658 Half Cent Debt Service Fund (EDC) $ 4,718,798 $ 901,914 Water & Wastewater Fund $ 21,157,468 Service Center Fund $ 1,117,456 Water & Wastewater Debt Service Fund $ 3,768,272 $ 401,998 Drainage Utility Fund $ 977,521 Special Recreation Classes Fund $ 461,165 Arbor Daze $ 55,000 Texas Star Sports Complex Fund $ 1,442,983 Texas Star Sports Complex Debt Service Fund $ 164,188 Texas Star Golf Course Fund $ 4,451,178 Texas Star Golf Course Debt Service Fund $ 683,612 Equipment Replacement Fund $ 1,139,164 Health Insurance Fund $ 5,531,027 Risk Management/Worker's Comp Fund $ 967,657 Ordinance No. 1964, Page 3 of 5 SECTION 6. The sums below are hereby appropriated from the respective capital funds for the payment of expenditures on behalf of the city government as established in the approved Capital Improvement Program: Fund Appropriations Streets Capital Projects Fund $ 1,100,000 Half Cent Capital Projects Fund (EDC) $ 371,217 Redevelopment Capital Projects Fund $ 350,000 Car Rental Capital Projects Fund $ 6,450,000 Water & Wastewater Capital Projects Fund $ 3,221,000 Water Impact Fee Fund $ 410,034 Wastewater Impact Fee Fund $ 60,000 Drainage Capital Projects Fund $ 505,000 Texas Star Golf Course Capital Projects Fund $ 200,000 SECTION 7. The City Manager is authorized from time to time, as he may deem to be in the best interest of the City of Euless, to invest city funds not immediately required for current use, including operating funds and bond funds, as per Council adopted Investment Policy. SECTION 8. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this ordinance are severable, and if any phrase, clause, sentence, paragraph, or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 9. This ordinance shall become effective immediately from and after its passage. Ordinance No. 1964, Page 4 of 5 PRESENTED AND APPROVED on First and Final Reading at a regular meeting of the Euless City Council on the 28th day of August 2012, by a vote of 7 ayes, o nays, and o abstentions. APPROVED: :241c ■ Mary Lib Saleh Mayor ATTEST: 2Sufter, ity Secretary APPROVED AS TO FORM: (21/ Wayne K. Olson City Attorney Ordinance No. 1964, Page 5 of 5