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HomeMy WebLinkAboutOrdinance No. 21-015 FY21 Budget Amendment - CARES Act reimbursementORDINANCE NO.21-015 AN ORDINANCE OF THE CITY OF UNIVERSITY PARK,TEXAS, AMENDING THE 2019-2020 FISCAL YEAR BUDGET,ORDINANCE NO.19- 023,TO APPROPRIATE $207,300.07 FROM THE GENERAL FUND UNASSIGNED FUND BALANCE,$2,571.53 FROM THE UTILITY FUND UNRESTRICTED NET POSITION,AND $2,260.73 FROM THE SANITATION UNRESTRICTED NET POSITION BY INCREASING EXPENDITURES INCURRED RELATED TO COVID-19 PROTECTION AND MITIGATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS,the Covid-19 pandemic spread to Texas during the fiscal 2019-2020 year;and WHEREAS,certain emergency expenditures were necessary to provide the employees of the City of University Park with the tools and protective measures necessary to continue providing services to the citizens of the City;and WHEREAS,the City administration and City Council were advised by county authorities that unbudgeted,directly relevant costs would be reimbursed through the provisions of the Coronavirus Aid, Relief,and Economic Security Act (the "CARES Act");and WHEREAS,CARES Act monies are properly accounted for as "intergovernmental revenue", and may not be recorded as reimbursements to the accounts from which the expenditures were made;and WHEREAS,the City Council of the City of University Park has determined that it is in the public interest to amend Ordinance No.19-023 transferring funds from the appropriate reserves of the General,Utility and Sanitation funds into specific expense accounts to accurately reflect authorized spending; NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PARK,TEXAS: SECTION 1.That Ordinance No.19-023,the 2019-2020 fiscal year budget ordinance ofthe City of University Park,Texas,be,and the same is hereby,amended to appropriate $207,300.07 from the General Fund unassigned fund balance,$2,571.53 from the Utility Fund unrestricted net position,and $2,260.73 from the Sanitation Fund unrestricted net position by increasing expenditures in the specific accounts 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 2019-2020 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 15th day of June,2021. APPROVED: TOMMY STEWART,MAYOR ATTEST: CHRISTINE GREEN,CITY SECRETARY