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Home My WebLink About2129 08-30-2016 • ORDINANCE NO. 2129 AN ORDINANCE ADOPTING THE OFFICIAL OPERATING AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2016, AND ENDING SEPTEMBER 30, 2017; AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2015, AND ENDING SEPTEMBER 30, 2016; 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, 2016, and ending September 30, 2017, was posted on the City's website and filed in the office of the City Secretary of the City of Euless on August 1, 2016, and has been available to the citizens and the public for their inspection since that date; and WHEREAS, the FY2016-2017 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 FY2016-2017 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 30, 2016, 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 FY2015-2016 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, 2016, and ending September 30, 2017, on file in the office of the City Secretary 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 FY2016-2017 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 FY2015-2016 official Budget for the City of Euless is amended to provide an additional $580,733 for rebates pursuant to certain contractual agreements, $515,903 for Midtown debt service and debt issuance costs, $185,072 for grant expenditures, $704,141 in interfund transfers, and $190,161 for additions and reduction for Capital Improvement Projects. The revised figures, prepared and submitted by the City Manager for the FY2015-2016 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. 2129, 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: FY2016 FY2017 Amended Budgeted FUND Expenditures Expenditures General Fund $ 40,164,014 $ 41,852,066 Hotel/Motel Fund $ 527,067 $ 791,385 Juvenile Case Fund $ 90,681 Half Cent Sales Tax Fund (EDC) $ 5,672,004 $ 7,298,811 Crime Control & Prevention District Fund (CCPD) $ 2,872,679 Police Seized Assets Fund $ 156,108 Police Drug Fund (DEA) $ 200,700 Grant Fund $ 330,189 $ 212,747 Car Rental Tax Fund $ 17,192,721 $ 14,605,898 Glade Parks Tax Increment Reinvestment Zone $ 943,589 Midtown Public Improvement District $ 350,920 $ 642,288 Cable PEG Fund $ 120,000 General Obligation Debt Service Fund $ 4,539,654 $ 4,684,798 Star Center Debt Service Fund $ 711,956 Half Cent Debt Service Fund (EDC) $ 47,016 Water & Wastewater Fund $ 23,669,503 Service Center Fund $ 1,332,533 Water& Wastewater Debt Service Fund $ 944,200 Drainage Utility Fund $ 771,409 Recreation Classes Fund $ 646,355 Arbor Daze Fund $ 79,500 Texas Star Sports Complex Fund $ 1,400,022 Texas Star Golf Course Fund $ 4,417,580 Texas Star Golf Course Debt Service Fund $ 590,076 Equipment Replacement Fund $ 2,958,809 Health Insurance Fund $ 7,513,007 Risk Management/Worker's Comp Fund $ 1,098,293 Ordinance No. 2129, 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: FY2016 Amended FY2017 Fund Appropriations Appropriations Drainage Capital Projects Fund 128,113 $ 75,000 Streets Capital Projects Fund $ 1,041,000 Water&Wastewater Capital Projects Fund $ 2,667,413 $ 819,000 Water Impact Fee Fund $ 368,518 Wastewater Impact Fee Fund $ 100,000 General Capital Projects Fund $ - $ 250,000 Half Cent Capital Projects Fund (EDC) $ 1,227,630 Texas Star Golf Course Capital Projects $ 100,000 Midtown Redevelopment Fund $ 16,417,980 $ - Texas Star Sports Complex CIP $ 2,602,877 $ 1,258,892 Redevelopment Fund $ 100,509 $ - SECTION 7. 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. FY 2016 Amended FY 2017 Fund Appropriations Appropriations Half Cent Sales Tax(EDC) Debt Reserve Fund $ 52,566 Water& Wastewater Rate Stabilization Reserve Fund $ 226,003 Texas Star Sports Complex Reserve Fund $ 720,000 $ - Texas Star Golf Course Reserve Fund $ 200,000 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. Ordinance No. 2129, Page 4 of 5 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 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 APPROVED ON FIRST AND FINAL READING at a regular meeting of the Euless City Council on August 30, 2016, by a vote of 7 ayes, 0 nays, and o abstentions. APPROVED: 62i ) Linda Martin, Mayor ATTEST: Kim utter, TRMC City Secretary APPROVED AS TO FORM: 1/4,4 Wayne K. Olson City Attorney Ordinance No. 2129, Page 5 of 5 INVOICE Star-Telegram Customer ID: CITO9 808 Throckmorton St. Invoice Number: 338390931 FORT WORTH,TX 76102 (817)390-7761 Invoice Date: 8/18/2016 Federal Tax ID 26-2674582 0 f4111 Terms: Net due in 21 days Bill To: REQUISITION Due Date: 8/31/2016 CITY OF EULESS ACCOUNTS PAY• :L PO Number: 201 N ECTOR DR e J r, r 0, Order Number: 33839093 ,-t u i.1 0 I.,: EULESS, TX 76039-3543 Sales Rep: 073 REUESTED Description: CITY OF EULESS N Attn:Aug: ACCOUNTS . PAYABLE ----4----------- Publication Date: 8/18/2016 Description Location Col Depth Linage MU Rate Amount CITY OF EULESS NOTICE OFPUBLI I358D 2() 20 LINE 1.rr' $20.40 CITY OF EULESS Sales Discount NOTICE OF PUBLIC HEARING ($14.95) EULESS CITY COUNCIL Apublic hearing will be held by the Misc Fee AuEuless City Council on,Tuesday, ConcilChamber 2016, at of Euless City t $5.00 the Council Hall at 201 N. Ector Drive, Euless, Texas, The purpose of the public hearing will be to hear public comments for consideration of the proposed City of Euless Operating Net Amount: $10.45 andel Capital Budget for Fiscal Year 2016-2017. This budget will raise more total property taxes than last year's budget by $1,056,626 or 7.51°6,and of that amount$489,132 ""i is is tax revenue to be raised from �'<:"`"�' DEBORAH JEAN BAYLOR new property added to the tax roll �`�: Notary Public,State of Texas this year. _;. My Commission Expires County of Tarrant �.'"?,=;.•° October 29, 2019 Before me,a Notary Pub&in an f for said County and State, this day personally appeared Christy Tolland,,Buds e3'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 advertisement was published in the above named paper on the luted dates: BIDS&LEGALS DEPT Star-Telegram.((SUBSCRIBED AND SWORNTO W'E F0 E ME, TRIS DAY OF August /8) 2016 Signed L :1/ %W .t/ e II.Lisos.\\ _, Q,N.._ ?1[OTARTT ZIBLIC .b3,1/4k Thank You For Your Payment Remit To: Star-Telegram Customer ID: CITO9 P.O. BOX 901051 Customer Name: CITY OF EULESS ACCOUN FORT WORTH, TX 76101-2051 Invoice Number: 338390931 Invoice Amount: $10.45 PO Number: Amount Enclosed: $