Loading...
HomeMy WebLinkAboutOrdinance No. 07/35 Ameding Fiscal year budget 2006-07 ORDINANCE NO. 07/35 AN ORDINANCE OF THE CITY OF UNIVERSITY P ARK, TEXAS, AMENDING THE 2006-2007 FISCAL YEAR BUDGET, ORDINANCE NO. 06-27, TO APPROPRIATE $40,000 FROM THE GENERAL FUND UNRESERVED FUND BALANCE BY INCREASING EXPENDITURES $40,000; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of University Park has determined that it is in the public interest to amend Ordinance No. 06-27 to transfer funds from unreserved fund balance of the General Fund into specific accounts; Now, Therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PARK, TEXAS: SECTION 1. That Ordinance No. 06-27, the 2006-2007 fiscal year budget ordinance of the City of University Park, Texas, be, and the same is hereby, amended to increase General Fund expenditures by $40,000, thus appropriating unreserved fund balance of $40,000 from the General Fund to the specific account listed on Exhibit "A" attached hereto and made part hereof for all purposes, and such expenditures are herby authorized and made a part of the 2006-07 fiscal year budget of the City. SECTION 2. This ordinance shall take effect immediately from and after its passage, as the law and Charter in such cases provide. DULY PASSED by the City Council of the City of University Park, Texas, on the 18th day of September, 2007. ~~~~11; CITY ATTORNEY ~: ~ T~ITY SECRETARY EXHIBIT "A" CITY OF UNIVERSITY PARK, TEXAS FY2007 BUDGET AMENDMENT NO.4 9/18/2007 Amount Dept. Account title Account no. Item description Expenditure amendment $ 40,000 Engineering Professional Services $ 40,000 01-20-3060 Snider Hillcrest parking study by Carl Walker Inc $ 40,000 Total expenditure amendments $ 40,000 Net decrease in General Fund