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HomeMy WebLinkAboutOrdinance No. 11/20 Adopt FY 2012 Budget ORDINANCE NO. 11/20 AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS, ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011, AND ENDING SEPTEMBER 30,2012; APPROPRIATING THE VARIOUS AMOUNTS REQUIRED FOR SUCH BUDGET; PROVIDING FOR RECORDING OF THE ORDINANCE; PROVIDING FOR THE REPEAL OF ALL ORDINANCES IN CONFLICT; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council has heretofore approved the tax roll prepared and presented by the Dallas Central Appraisal District as required by the Tax Code; and WHEREAS, the City Manager of the City of University Park has submitted to the City Council a proposed budget of the revenues and expenditures of conducting the affairs of the City and providing a complete financial plan for 2011-2012; and WHEREAS, the City Council has received the City Manager's proposed budget, a copy of which proposed budget and all supporting schedules have been filed with the City Secretary of the City of University Park; and WHEREAS, the City Council has conducted the necessary public hearings as required by law; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PARK, TEXAS: SECTION 1. That the proposed budget of the revenues and expenditures of conducting the affairs of the City of University Park, providing a complete financial plan for the ensuing fiscal year beginning October 1, 2011, and ending September 30, 2012, as submitted to the City Council by the City Manager, be, and the same is hereby, in all things adopted and approved as the budget of all current revenues and expenditures of the City for the fiscal year beginning October 1, 2011, and ending September 30, 2012. SECTION 2. That the sum of $43,027,730 is hereby appropriated for the payment of the expenditures established in the approved budget, attached hereto as Exhibit "A" and made part hereof for all purposes. SECTION 3. That the City Council reserves the authority to transfer appropriations budgeted from one account or activity to another within any individual activity of the City and to transfer appropriations from designated appropriations to any individual department or activity. That all transfers of appropriations budgeted from one account or activity to another within any individual activity for the fiscal year 2010-2011 are hereby ratified and the Budget Ordinance for 2010-2011, heretofore enacted by the City Council, be, and the same is hereby, amended to the extent of such transfers for all purposes. SECTION 4. That all notices and public hearings required by law have been duly completed. That the City Secretary is directed to provide a certified copy of the budget ordinance to the County Clerk of Dallas County for recording after final passage hereof. SECTION 5. That all ordinances of the City of University Park In conflict with the provisions of this ordinance be, and the same are hereby, repealed. SECTION 6. That should any sentence, paragraph, subdivision, clause, phrase or section of this ordinance be adjudged or held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this ordinance as a whole or any part or provision thereof other than the part thereof decided to be unconstitutional, illegal or invalid. SECTION 7. This ordinance shall take effect immediately from and after its passage as the law and Charter in such cases provide. nUL Y PASSED by the City Council of the City of University Park, Texas, on the 6th day of September, 2011. APPROVED: CL/~~ W. RICHARD DAVIS, MAYOR ATTEST: ECRETARY BETH SPECTOR APPROVED AS T~~ ~