Loading...
OR 2018-1502 Budget Amendment ORDINANCE NO. 2018-1502 AN ORDINANCE OF THE CITY OF COPPELL, TEXAS APPROVING AN AMENDMENT TO THE BUDGET FOR THE CITY FOR THE FISCAL YEAR OCTOBER 1, 2017 THROUGH SEPTEMBER 30, 2018; PROVIDING THAT EXPENDITURES FOR SAID FISCAL YEAR SHALL BE MADE IN ACCORDANCE WITH SAID BUDGET; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the Budget Officer of the City of Coppell, Texas, did on the 4th day of August, 2017, file with the City Secretary, a proposed general budget for the City covering the fiscal year aforesaid, and WHEREAS, the City Council of the City of Coppell approved said budget on the 12th day of September, 2017, and WHEREAS, the governing body of the City has this date considered an amendment to said budget; NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: SECTION 1. That Section No. 2 of Ordinance No. 2017-1482, for the 2017-18 Fiscal Year Budget, is hereby amended as follows: General Fund Current Budget Amending Budget Change Revenues $64,376,567 $66,386,400 $ 2,009,833 Expenditures Combined Services $3,458,920 $3,494,234 $ 35,314 City Administration 1,404,692 1,487,692 83,000 Engineering 2,814,939 2,858,939 44,000 Police 8,454,408 8,496,408 42,000 Environmental Health 396,349 416,349 20,000 Total Expenditures $ 224,314 Decrease in Designated Fund Balance (49,750) Net Expenditure Increase 174,564 Net Increase in Undesignated Fund Balance $ 1,835,269 Water/Sewer Fund Current Budget Amending Budget Change Revenues $19,178,565 $19,700,945 $ 518,123 Expenses Direct Cost of Sewer Treated 4,569,300 4,769,309 200,009 Net Expenditure Increase 200,009 Net Increase in Projected Retained Earnings $ 318,114 Police Spec. Rev. Fund Current Budget Amending Budget Change Revenues $ 18,700 $ 57,063 $38,363 Expenditures 126,837 131,347 4,510 Net Increase in Projected Fund Balance $ 33,853 1 Parks Special Revenue Current Budget Amending Budget Change Revenues $1,000 $3,000 $ 2,000 Expenditures -0- 45,000 45,000 Net Decrease in Projected Fund Balance $ 43,000 Infrastructure Maint Fund Current Budget Amending Budget Change Revenues $ 8,015,000 $ 8,270,275 $ 255,275 Expenditure 15,987,409 11,987,409 4,000,000 Net Increase in Projected Fund Balance $4,255,275 Municipal Drainage Dist Current Budget Amending Budget Change Revenues $231,500 $255,000 $ 23,500 Net Increase in Projected Fund Balance $ 23,500 Red Light Fund Current Budget Amending Budget Change Expenditures 285,845 351,745 $ 65,900 Net Decrease in Projected Fund Balance $ 65,900 Juvenile Cash Manager Fund Current Budget Amending Budget Change Revenues $45,000 $49,000 $ 4,000 Net Increase in Projected Fund Balance $ 4,000 Hotel/Motel Fund Current Budget Amending Budget Change Revenues $-0- $ 750 $ 750 Expenditures -0- 20,500 20,500 Net Decrease in Projected Fund Balance $ 19,750 Municipal Court Special Current Budget Amending Budget Change Revenues $20,100 $23,500 $3,400 Net Increase in Projected Fund Balance $3,400 Municipal Court Tech Current Budget Amending Budget Change Revenues $26,150 $30,750 $ 4,600 Net Increase in Projected Fund Balance $ 4,600 CEDF Fund Current Budget Amending Budget Change Revenues $-0- $2,000 $ 2,000 Net Increase in Projected Fund Balance $ 2,000 Municipal Court Judicial Current Budget Amending Budget Change Expenditures $2,600 $5,400 $ 2,800 Net Decrease in Projected Fund Balance $ 2,800 Crime Prevention Current Budget Amending Budget Change Revenues $5,115,000 $5,396,137 $ 281,137 Expenditures 5,961,718 6,204,504 242,785 Net Increase in Projected Fund Balance $ 38,352 2 CRDC Special Revenue Current Budget Amending Budget Change Revenues $3,839,387 $5,343,626 $ 1,504,238 Expenditures 8,145,245 8,725,000 579,755 Net Increase in Projected Fund Balance $ 924,483 SECTION 2. EFFECTIVE DATE. That this ordinance shall become effective immediately from and after its passage as the law and charter in such cases provide. th DULY PASSED and adopted by the City Council of the City of Coppell, Texas, on the 11 day of September 2018. APPROVED: ______________________________ KAREN SELBO HUNT, MAYOR ATTEST: ____________________________________________ CHRISTEL PETTINOS, CITY SECRETARY APPROVED AS TO FORM: _____________________________________ CITY ATTORNEY 3