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ORD 2008-18 - Amend 2007-08 Budget Amendments 05-06-2008ORDINANCE NO. 2008-18 AN ORDINANCE OF THE CITY OF HUNTSVILLE, TEXAS, AMENDING THE FISCAL YEAR 2007 — 2008 ANNUAL BUDGET, ORDINANCE NO. 2007 -26 TO AMEND ADOPTED EXPENDITURES AND REVENUES OF THE BUDGET; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the 2007 - 2008 Annual Budget was adopted by Ordinance 2007 -26 on September 4, 2007; WHEREAS, various unforeseen circumstances affecting the City have presented themselves during the course of the fiscal year; WHEREAS, the City Council considered the circumstances independently, deliberating appropriately on the associated revenues and expenditures and the overall impact on the general financial status of the City; WHEREAS, pursuant to the laws of the State of Texas and the City Charter of the City of Huntsville, Texas, the City Council has determined that it will be beneficial and advantageous to the citizens of the City of Huntsville to amend the 2007 — 2008 budget as set forth herein; and WHEREAS, this ordinance combines the independent Council actions into one budget amendment document; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, that: Section 1. The findings set forth above are incorporated into the body of this ordinance. Section 2. The annual budget for fiscal year 2007 — 2008 is hereby amended to include the expenditures and revenues described in Exhibit "A" attached hereto and made a part of this ordinance as if set out verbatim herein. Section 3. All ordinances of the City in conflict with the provisions of this ordinance are hereby repealed, and all other ordinances of the City not in conflict with the provisions of this ordinance shall remain in full force and effect. Section 4. Should any section, portion, sentence, clause or phrase of this ordinance be declared unconstitutional or invalid for any reason, it shall not invalidate or impair the force or effect of any other section or portion of this ordinance. Section 5. The necessity for amending the budget for the fiscal year, as required by the laws of the State of Texas, requires that this ordinance shall take effect immediately from and after its passage, as the law in such cases provides. Section 6. This ordinance shall take effect immediately after its passage. PASSED AND APPROVED on this the 6th day of May, 2008. THE CITY OF HUNTSVILLE, TEXAS Mayor ATTEST: ep nie rim, City Secretary APPROVED AS TO FORM: A AAA 0 Thomas A. Lee Ci Attorney FY 07-08 Amendments xemovooacoounts/»u|oncen8nm1hopnu/ious|ydooedfund(FYondinO9'3V'00). 4280802 101 101 812,057 701 701 (578,095) 224 224 Transfer�eral Fund 233962.62 A budget amendment is requested to move funds to cover costs of transition to automated residential waste collection. Contractors are paid from various expense line items. Accou Account Name Aniount 22�375 55070 year budget. The intent is to approve and record any associated entries to reflect the Purchased Services/Contracts Accou Account Name Amount 24,000 DuetoWaterCIP —578,095.36 Loan to Water Op 233,961.62 xemovooacoounts/»u|oncen8nm1hopnu/ious|ydooedfund(FYondinO9'3V'00). 4280802 101 101 812,057 701 701 (578,095) 220 220 (233,962) Transfer�eral Fund 233962.62 The amendment and entries below are final clearing entries related to the closing of the golf fund that, for accounting purposes, was closed into the general fund, eliminating the golf fund. Interfund receivables attributed to the golf fund and subsequently absorbed by the general fund are eliminated and effectively reversed. The effect eliminates remaining payables and receivables between funds and reflects budget policy as adopted in the current year budget. The intent is to approve and record any associated entries to reflect the Transferfr� Fund Accou Account Name Amount 101-30" 5-- --�"020 DuetoWaterCIP —578,095.36 Loan to Water Op 233,961.62 701-2125 Loan Recvbl from Golf Fund (578,095.36) cvbl from Goff� (233,961.62)1 xemovooacoounts/»u|oncen8nm1hopnu/ious|ydooedfund(FYondinO9'3V'00). Record o*JE's and related budget amendments approved to reflect change. Budget numbers to reflect corresponding budget are positive. 221422�240 Transfer�eral Fund 233962.62 10143503 Transferfr� Fund (233,961.60) (578,095.40) T�ransferfronnWaterCIP Record o*JE's and related budget amendments approved to reflect change. Budget numbers to reflect corresponding budget are positive. 4280803 101 101 Amendment for purchasing training for Cindy Andrews and Billie Smith. Paid by Finance. Accou Account Name Amount 101-234-55080 Trainin g & Seminars 685 Accoun Account Name Amount 701 7044-62300 Purchased Services and Contracts 13,500 70�14-62300 1 tion (13,500) 4280804 701 701 13,500 702 702 (13,500) Generators Project for the Water Plant needs an additional $13,500 for materials to install the generator. The Generators Project for Wastewater has $117,000 of budget available; therefore, we are requesting to move $13,500 of budget from 702-7114-62300 to 701-7044- 62300. Accoun Account Name Amount 701 7044-62300 13,500 70�14-62300 1 tion (13,500)