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ORD 2013-13 - Amending FY 11-12 budget ORDINANCE NO. 2013-13 AN ORDINANCE OF THE CITY OF HUNTSVILLE, TEXAS, AMENDING THE FISCAL YEAR 2011 — 2012 ANNUAL BUDGET, ORDINANCE NO. 2011-46 TO AMEND ADOPTED EXPENDITURES AND REVENUES OF THE BUDGET; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the 2011-2012 Annual Budget was adopted by Ordinance 2011-46 on September 12, 2011; 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 2011-2012 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 2011-2012 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 All ordinances of the City in conflict with the provisions of this ordinance are hereby repealed, and all other ordinances of the City not in conflict with the provisions of this ordinance shall remain in full force and effect.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 5"'day of February 2013. THE CITY OF HUNTSVILLE,TEXAS 94:�Z Mac Woodward, Mayor J EST: APPROVED AS TO FORM: oo ward, City Secretary (Len Schneider, City Attorney _7 City Council Meeting Agenda Item Item Title: Date: Agenda Item No-.: FY 11-12 Budget Amendment z/5/2013 qc- Requested By: Dept./Div: Dept, Approval: Finance approval: Steve Ritter 210 SR SR City"Attorney Re-view.1,11111 ....... Purchasing Approval ­11 11 City Manager-Approval 11 11 ;MB .......... Issue/Item Description: ,Budget Amendment Related to Operating Funds for Fiscal Year 11-12 $ (1,821) Fund Balance - General Fund i$ 805 - Transfer to CIP Fund $ 1,016 - Transfer to Airport Special Revenue Fund Strategic Initiative Reference: 1#4 - Huntsville is a well-managed, sustainable community that values its natural resources and ,provides exceptional public services. Background: .The City is currently closing the Fiscal Year 11-12 Budget, Two funds need General Fund fund ;balance to close with a $0 balance. The first is the Library CIP fund. The total of this project ;was $3,652,608. Available funds totaled $3,651,803. There is a need for a $805 General Fund �fund balance appropriation to close the Library CIP fund for Fiscal Year 11-12. The second is iAirport Special Revenue Fund. Expenditures for the Fund totaled $122,722 including $58,272 of ;various maintenance and improvements and a $64,450 Grant Match to TXDOT for Engineering 'for Airport major improvements. Those improvements will occur in Fiscal Year 12-13. Available ,funds totaled $121,706. There is a need for a $1,016 General Fund fund balance appropriation to close the Airport Special Revenue Fund for Fiscal Year 11-12. Facts to Consider: * Budget Amendment necessary to maintain a positive ending fund balance. Fiscal Impact/Funding Source(s): Transferring funds from General Fund fund balance to Library CIP and Airport Special Revenue ;Fund for Fiscal Year 11-12. Attachment(s): 0 Recommended motion(s): Approve Budget Amendment MOTION: r SECOND: r VOTE: r PRESENTED APPROVED C DECLINED ACTION F" TABLED f OTHER