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HomeMy WebLinkAboutOrdinance No. 18-046 amending the FY2018 Executive Department budgetORDINANCE NO. 18-046 AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS, AMENDING THE 2017-2018 FISCAL YEAR BUDGET, ORDINANCE NO. 17-030, TO APPROPRIATE $66,791.00 FROM THE GENERAL FUND UNASSIGNED FUND BALANCE 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.17-030 to transfer funds from unassigned fund balance within the General 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. 17-030, the 2017-2018 fiscal year budget ordinance of the City of University Park, Texas, be, and the same is hereby, amended to appropriate unassigned fund balance of $66,791.00 from the General Fund, thereby increasing budgeted expenditures $66,791.00 in the specific accounts listed on Exhibit "A" attached hereto and made part hereof for all purposes, and that such expenditures are hereby authorized and made a part of the 2017-2018 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 18th day of December, 2018. APPROVED. OLIN B. LANE, MAYOR ROVED AS T P F ATTEST: v., LUX.A.Lart-uv“ lik..t_Liv,-, ROB DILLARD, CITY ATTORNEY CHRISTINE GREEN, CITY SECRETARY Exhibit "A" City of University Park Expenditures in Excess of FY2018 Budget As of September 30, 2018 Date Payee Project Description Amount From Fund/Acct 5/18/2018 Gateway Strategies, LLC Snider Plaza Feasibility Study of Parking Options 47,017.00 01-02-3060 6/29/2018 Gateway Strategies, LLC Snider Plaza Snider Plaza Underground Parking Concept Planning 14,470.00 01-02-3060 8/10/2018 Gateway Strategies, LLC Snider Plaza Feasibility Study of Parking Options 5,304.00 01-02-3060 TOTAL 66,791.00