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HomeMy WebLinkAboutOrdinance No. 13/037 Encumber Open POs ORDINANCE NO. 13/037 AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS, AMENDING THE 2013-2014 FISCAL YEAR BUDGET, ORDINANCE NO. 13/028, TO CARRY FORWARD ENCUMBRANCES FROM THE 2012-2013 FISCAL YEAR BUDGET, INCLUDING TOTAL GENERAL FUND ENCUMBRANCES OF $503,447, AND SANITATION FUND ENCUMBRANCES OF $68,071; 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. 13/028 to carry forward encumbrances of funds from the 2012-2013 fiscal year budget and transfer funds from fund balances of the General Fund and Sanitation 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. 13/028, the 2013-2014 fiscal year budget ordinance of the City of University Park, Texas, be, and the same is hereby, amended to carry forward to the 2013-2014 fiscal year encumbrances authorized in the 2012-2013 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 $503,447.00 of general fund encumbrances and $68,071.00 of sanitation fund encumbrances, be, and the same are hereby, approved and carried forward into and made a part of the 2013-2014 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 17th day of December, 2013. APPROVED: W. 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