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Home My WebLink About2314 08-22-2022ORDINANCE NO. 2314 AN ORDINANCE ADOPTING THE OFFICIAL OPERATING AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023; AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2021, AND ENDING SEPTEMBER 30, 2022; 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, 2022, and ending September 30, 2023, was posted on the City's website and filed in the office of the City Secretary of the City of Euless on July 22, 2022, updated July 27, 2022, and has been available to the citizens and the public for their inspection since; and WHEREAS, the FY2022-2023 proposed Budget, on file in the office of the City Secretary 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 FY2022-2023 proposed Budget includes, by reference, certain elements of the Capital Improvements Program, on file in the office of the City Secretary 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 next succeeding years; and WHEREAS, on August 9, 2022, 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 FY2021-2022 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, 2022, and ending September 30, 2023, on file in the office of the City Secretary as Exhibit A as amended by the Euless Development Corporation Board, 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 FY2022-2023 Capital Improvements Program, on file in the office of the City Secretary 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 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 FY2021-2022 official Budget for the City of Euless is amended to provide an additional $5,368,219 for unforeseen contractual rebate obligations, $84,169 for appropriation of grant revenue for specific capital projects, $150,000 for Tax Note issuance costs, and $25,000 for unforeseen equipment breakdown. The revised figures, prepared and submitted by the City Manager for the FY2021-2022 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. 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: Ordinance No. 2314, Page 2 of 5 FY2022 FY2023 Amended Budgeted FUND Expenditures Expenditures General Fund $ 49,873,497 $ 58,584,348 Hotel/Motel Fund $ 828,232 $ 1,735,412 Juvenile Case Fund $ 42,055 Half Cent Sales Tax Fund (EDC) $ 6,727,062 $ 11,036,160 Crime Control & Prevention District Fund (CCPD) $ 4,239,018 Police Seized Assets Fund $ 49,471 Police Drug Fund (DEA) $ 220,000 Grant Fund $ 9,548,234 $ 688,843 Car Rental Tax Fund $ 15,402,018 $ 16,070,847 Glade Parks Tax Increment Reinvestment Zone $ 1,138,418 Midtown Public Improvement District $ 337,464 Midtown Tax Increment Reinvestment Zone $ 764,199 Cable PEG Fund $ 115,600 $ 200,000 General Obligation Debt Service Fund $ 6,984,723 $ 7,252,875 Star Center Debt Service Fund $ 706,470 Half Cent Debt Service Fund (EDC) $ 398,976 Water & Wastewater Fund $ 30,363,165 Service Center Fund $ 1,370,014 Water & Wastewater Debt Service Fund $ 1,218,796 Drainage Utility Fund $ 974,646 Recreation Classes Fund $ 425,197 Arbor Daze Fund $ 120,000 Parks at Texas Star $ 1,033,652 Texas Star Golf Course Fund $ 4,999,599 Texas Star Golf Course Debt Service Fund $ 590,894 Equipment Replacement Fund $ 5,298,752 Health Insurance Fund $ 8,403,240 Risk Management/Worker's Comp Fund $ 1,366,731 Ordinance No. 2314, 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: FY2022 Amended FY2023 Fund Appropriations Appropriations Drainage Capital Projects Fund Streets Capital Projects Fund Water & Wastewater Capital Projects Fund Water Impact Fee Fund Wastewater Impact Fee Fund General Capital Projects Fund Police Facility Capital Improvements Projects Half Cent Capital Projects Fund (EDC) Texas Star Golf Course Capital Projects Redevelopment Fund Developers Escrow SECTION 7. $ 50,000 $ 1,530,937 $ 1,335,275 $ 9,230,932 $ 9,642,916 $ 120,769 $ 100,000 $ 561,784 $ 8,940,000 $ 960,000 $ 690,405 $ 3,881,920 $ 120,000 $ 2,507,876 $ 1,000,000 12,288 The sums below are hereby appropriated from the respective reserve funds to provide transfers to certain operating and capital improvement funds as established in the approved budget document. FY2023 Fund Appropriations Water & Wastewater Rate Stabilization Reserve Fund $ 979,205 Texas Star Golf Course Reserve Fund $ 100,000 Water & Wastewater Debt Reserve Fund $ 16,957 SECTION 8. The City Manager is authorized from time to time, as he/she 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 the City Council adopted Investment Policy. SECTION 9. SEVERABILITY CLAUSE. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this ordinance Ordinance No. 2314, Page 4 of 5 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 10. EFFECTIVE DATE. This ordinance shall become effective immediately from and after its passage. PRESENTED AND PASSED ON FIRST AND FINAL READING at a regular meeting of the Euless City Council on August 22, 2022, by a vote of Z_ ayes, _0 nays, and 0 abstentions. APPROVED: '141 J? - IA,-, .e U n d Ma tin, Mayor ATTEST: 4KS1uttW,`TRMC, CMC, City Secretary APPROVED AS TO FORM: F rz 1"j";W 02 � Now FW� �IA • - Ordinance No. 2314, Page 5 of 5 AFFIDAVIT OF PUBLICATION Account # Order Number Identification Order PO Amount Cols Depth 10663 294951 Print Legal Ad - IPL0082856 $15.56 1 20 L Attention: Mike Lowry CITY OF EULESS 201 N ECTOR DR EULESS, TX 760393543 CITY OF EULESS NOTICE OF PUBLIC HEARING EULESS CITY COUNCIL A public hearing will be conducted by the Euless City Council on Tuesday, August 9, 2022, at 7:00 p.m. at Euless City Hall at 201 N. Ector Drive, Euless, Texas. The purpose of the public hearing will be to hear public com- ments for consideration of the pro- posed City of Euless Operating and Capital Budget for Fiscal Year 2022- 2023. This budgetwill raise more total property taxes than last year's budget by $1,584,307 or 7.1%, and of that amount, $289,316 is tax revenue to be raised from new property added to the tax roll this year. IPL0082856 Jul 26 2022 CITY OF EULESS NOTICE OF PUBLIC HEARING EULESS CITY COUNCIL A public hearing will be conducted by the Euless City Council on Tuesday, August 9, 2022, at 7:00 p.m. at Euless City Hall at 201 N. Ector Drive, Euless, Texas. The purpose of the public hearing will be to hear public com- ments for consideration of the pro- posed City of Euless Operating and Capital Budget for Fiscal Year 2022- 2023. This budget will raise more total property taxes than last year's budget by $1,584,307 or 7.1%, and of that amount, $289,316 is tax revenue to be raised from new property added to the tax roll this year. IPL0082856 Jul 26 2022 CITY OF EULESS THE STATE OF TEXAS COUNTY OF TARRANT Before me, a Notary Public in and for said County and State, this day personally appeared Amanda Grisham, Bid and Legal Coordinator for the Star - Telegram, published by the Star -Telegram, Inc. at Fort Worth, in Tarrant County, Texas; and who, after being duly sworn, did depose and say that the attached clipping of an advertisement was published in the above named paper on the listed dates: No. of Insertions: 1 Beginning Issue of: 07/26/2022 Ending Issue of: 07/26/2022 3%4Aa_0j Sworn to and subscribed be oreme this 27th day of Ju y in the year of 2022 �5& 5w",Ld Notary Public in and for the state of Texas, residing in Dallas County *141* IDIII 1917061 E�itit OCbErr Y3, 2,d,71 Extra charge for lost or duplicate affidavits. Legal document please do not destroy!