HomeMy WebLinkAbout03/31 Budget Amend EncumORDINANCE NO. 03/31
AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS,
AMENDING THE 2003 - 2004 FISCAL YEAR BUDGET, ORDINANCE NO. 03/22,
TO CARRY FORWARD ENCUMBRANCES FROM THE 2002 - 2003 FISCAL
YEAR BUDGET, INCLUDING TOTAL GENERAL FUND ENCUMBRANCES
OF $659 ,590.34, UTILITY FUND ENCUMBRANCES OF $428,435.77, AND
SANITATION FUND ENCUMBRANCES OF $16,486.53; AMENDING
ORDINANCE NO. 03/22 TO TRANSFER FUNDS FROM THE FISCAL YEAR
2004 GENERAL FUND AND UTILITY FUND INTO THE CAPITAL PROJECTS
FUND; AND PROVIDING AN EFFEC TIVE DATE.
WHEREAS, the City Council of the City of University Park has determined that it
is in the public interest to amend Ordinance No. 03/22 to carry forward encumbrances of
funds from the 2002 - 2003 fiscal year budget and to transfer funds from the fiscal year
2004 general fund and utility fund into the capital projects fund; Now, Therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
UNIVERSITY PARK, TEXAS:
SECTION 1. That Ordinance No. 03/22, the 2003 - 2004 fiscal year budget
ordinance of the City of University Park, Texas, be, and the same is hereby, amended to
carry forward to the 2003 - 2004 fiscal year encumbrances authorized in the 2002 - 2003
budget, but not expended during such fiscal year. That a complete listing of such
encumbrances, as they existed as of the beginning of the current fiscal year, is attached
hereto as Exhibit “A” and made a part hereof for all purposes. That all of such
encumbrances, totaling $659,590.34 of general fund encumbrances, $428,435.77 of utility
fund encumb rances, and $16,486.53 of sanitation fund encumbrances, be, and the same are
hereby, approved and carried forward into and made a part of the 2003 - 2004 fiscal year
budget of the City.
SECTION 2. That a general fund appropriation in the amount of $2,681,06 3 and
a utility fund appropriation in the amount of $1,868,245 are hereby made to be designated
for the capital projects fund, and to be used for the projects listed in Exhibit “B” attached
hereto and made a part hereof for all purposes. That Ordinance No . 03/22 be, and the
U: \ Docs \ Ordinances \ Ordinance No. 03 31 Budget Amendment Encumbrances.doc 1 : 59 PM 10 / 22
same is hereby, further amended so as to give effect to such appropriations and the City
Manager is directed to transfer such funds from the general fund and utility fund,
respectively, to the capital projects fund.
SECTION 3. This ord inance 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
22nd day of October 2003.
APPROVED:
__ ____________________________
W. RICHARD DAVIS
MAYOR PRO TEMPORE
ATTEST:
______________________________
NINA WILSON, CITY
SECRETARY
APPROVED AS TO FORM:
____________________________
CITY ATTORNEY
U: \ Docs \ Ordinances \ Ordinance No. 03 31 Budget Amendment Encumbrances.doc 1 : 59 PM 10 / 22