HomeMy WebLinkAboutOrdinance No. 07/29 Amending Fiscal Year Budget
ORDINANCE NO. 071')9
AN ORDINANCE OF THE CITY OF UNIVERSITY P ARK, TEXAS,
AMENDING THE 2006-2007 FISCAL YEAR BUDGET, ORDINANCE NO. 06-27, TO
APPROPRIATE $4,711,721 FROM THE GENERAL FUND UNRESERVED FUND
BALANCE BY INCREASING REVENUES $6,489 AND BY INCREASING
EXPENDITURES $4,718,210; 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. 06-27 to transfer funds from unreserved fund
balance of 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. 06-27, the 2006-2007 fiscal year budget ordinance
of the City of University Park, Texas, be, and the same is hereby, amended to increase General
Fund revenues by $6,489 and General Fund expenditures by $4,718,210, thus appropriating
unreserved fund balances of $4,711,721 from the General Fund to the specific accounts listed
on Exhibit "A" attached hereto and made part hereof for all purposes, and such expenditures are
herby authorized and made a part of the 2006-07 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 7th
day of August, 2007.
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CITY ATTORNEY
EXHIBIT "A"
CITY OF UNIVERSITY PARK, TEXAS
FY2007 BUDGET AMENDMENT NO.3
8/7/2007
Amount
Dept.
Account title
Account no.
Item description
Revenue amendments
$ 1,339 Revenue General Fund - Other Revenue
$ 1,000 Revenue General Fund - Other Revenue
$ 4,150 Revenue General Fund - Other Revenue
$ 6,489 Total revenue amendments
Expenditure amendments
$ 1,020 Finance Tuition & Training
$ 1,020
$ 33,000 Fire Firefighting Equipment-Light
$ 33,000
$ 1,000 Parks Supplies
$ 4,150 Parks Flowers, Trees, & Shrubs
$ 5,150
$ 1,339 Police Guns & Equipment
$ 1,339
$ 4,677,701 Transfer Transfers
$ 4,677,701
$ 4,718,210
Total expenditure amendments
Net increase/(decrease} in General Fund
$(4,711,721)
01-11-3999 STEP-WAVE grant from State Comptroller
01-11-3999 Park Cities Bank fishing derby donation
01-11-3999 AT&T reimbursment for landscaping of VRAD cabinet site
01-03-7240 Cash handling seminar tuition (12 persons)
01-40-9355 SCBA compressor replacement
01- 70-2350 Materials for fishing derby
01-70-6380 Landscaping for AT&T cabinet site in Caruth Park
01-50-3291 Equipment purchased with STEP-WAVE grant proceeds
01-85-8500 Transfer to City Hall project in Cap. ProJ. Fund