HomeMy WebLinkAboutOrdinance No. 05 20 Budgt Amend ORDINANCE NO. 05/2 0
AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS, AMENDING
THE 2004-2005 FISCAL YEAR BUDGET, ORDINANCE NO. 04/26, TO APPROPRIATE
$158,800 FROM THE GENERAL FUND UNRESERVED FUND BALANCE BY
INCREASING EXPENDITURES $161,300 AND INCREASING REVENUES $2,500; AND
TO APPROPRIATE $40,000 FROM THE UTILITY 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. 04/26 to transfer funds from unreserved fund balances of
the general fund and utility 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. 04/26, the 2004-2005 fiscal year budget ordinance of
the City of University Park, Texas, be, and the same is hereby, amended to appropriate unreserved
fund balances of $157,800 from the general fund and $40,000 from the utility fund to the specific
accounts as listed on Exhibit "A" attached hereto and made part hereof for all purposes, and such
expenditures are hereby authorized and made a part of the 2004-2005 fiscal year budget of the City.
SECTION 2. That Ordinance No. 04/26 be, and the same is hereby, further amended so
as to give effect to such appropriations and the City Manager is directed to take such administrative
steps as are necessary to give effect to such amendment.
SECTION 3. This ordinance shall take effect immediately from and after its passage, as
the law and Charter in such cases provide.
DULY PASSED by the City Council of the City of University Park, Texas, on the 7th day
of June, 2005.
!/~P"PROYED AS TO FORM:
CITY ATTORNEY
APPROVED:
E~S H. ~OLME$, Iii, ~{AYOR
ATTEST:
I~I~&~ON,"~L'IT~SECRETARY