HomeMy WebLinkAboutOrdinance No. 15_023 Amending the FY15-16 Budget to carry forward encumbrancesORDINANCE NO. 15-023
AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS,
AMENDING THE 2015-2016 FISCAL YEAR BUDGET, ORDINANCE NO. 15/019, TO
CARRY FORWARD ENCUMBRANCES FROM THE 2014-2015 FISCAL YEAR
BUDGET, INCLUDING TOTAL GENERAL FUND ENCUMBRANCES OF $215,693,
UTILITY FUND ENCUMBRANCES OF $14,250, SANITATION FUND
ENCUMBRANCES OF $7,925, AND STORM WATER FUND ENCUMBRANCES OF
$15,164; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council ofthe City of University Park has determined that it is in
the public interest to amend Ordinance No. 15/019 to carry forward encumbrances of funds
from the 2014-2015 fiscal year budget and transfer funds from fund balances of the General
Fund, Sanitation Fund and Storm Water 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. 15/019, the 2015-2016 fiscal year budget ordinance
of the City of University Park, Texas, be, and the same is hereby, amended to carry forward to
the 2015-2016 fiscal year encumbrances authorized in the 2014-2015 budget, but not expended
during such fiscal year. That a complete listing of such encumbrances, as they existed as of the
beginning ofthe current fiscal year, is attached hereto as Exhibit "A" and made a part hereof for
all purposes. That all of such encumbrances, totaling $215,693 of general fund encumbrances,
$14,250 of utility fund encumbrances, $7,925 of sanitation fund encumbrances and $15,164 of
storm water fund encumbrances, be, and the same are hereby, approved and carried forward into
and made a part of the 2015-2016 fiscal year budget of the City.
SECTION 2. This ordinance shall take effect immediately from and after its passage,
as the Jaw and Charter in such cases provide.
DULY PASSED by the City Council ofthe City of University Park, Texas, on the 20th
day of October, 2015.
APPROVED: . b/
(l; ~ Cp_·
OLIN LANE, MAYOR
ATTEST:
CHRISTINE GREEN, CITY SECRETARY