Ord. 2014-41 - budget amendment for calling bonds & way-finding signage - signed 8-19-14ORDINANCE NO. 2014-41
AN ORDINANCE OF THE CITY OF HUNTSVILLE, TEXAS, AMENDING THE 2013 -2014
ANNUAL BUDGET AND CAPITAL IMPROVEMENTS PROJECTS (CIP) BUDGETS,
ORDINANCE NO. 2013 -42 TO AMEND ADOPTED EXPENDITURES OF THE BUDGET; AND
DECLARING AN EFFECTIVE DATE.
WHEREAS, the 2013 -2014 Annual Budget and CIP Budgets were adopted by Ordinance 2013 -42 on September
17, 2013;
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 Capital Improvements Projects (CIP) 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 2013 — 2014 is hereby amended to include the expenditures
and revenues in Exhibit "A" and the Capital Improvements Projects budget is hereby amended to include
the expenditures 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 All ordinances of the City in conflict with the provisions of this ordinance are hereby repealed,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 Capital Improvements Projects, 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 19`h day of August 2014.
THE CITY OF HUNTSVILLE, TEXAS
'464 k,�'Z
Mac Woodward, May r
APPROVED AS TO FORM:
X chneider, City Attorney
b.
$ 445,000
Source General Fund - Fund Balance
Increase: General Fund - NonDepartmental - Transfer to Debt Service Fd
$ 445,000
Source Transferfrom General Fund
$ 445,000
Increase: Debt Service Fund - Principal
$ 440,000
Increase: Debt Service Fund - Interest
$ 2,000
Increase: Debt Service Fund - Purhased Services /Contracts
$ 3,000
Transfer General Fund Fund Balance "Unallocated Reserve" to Debt Service
Explanation:', Fund for payment of Principal and accrued Interest on the call of the 2004
Certificates of Obligation and estimated Bond Counsel costs.
C.
CIP Budget Amendments FY 13 -14
August 19 , 2014
Source: Transferfrom General Fund
Increase: General CIP - Wayfinding Signage ProjE
Explanation: Budget for Wayfinding Signage Project
$ 250,000
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