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OR 2020-1544 Budget Amendment - September 22,2020ORDINANCE NO. 2020-1544 AN ORDINANCE OF THE CITY OF COPPELL, TEXAS APPROVING AN AMENDMENT TO THE BUDGET FOR THE CITY FOR THE FISCAL YEAR OCTOBER 1, 2019 THROUGH SEPTEMBER 30,2020; 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 5th day of August 2019, 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 10th day of September 2019, 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. 2019-1520, for the 2019-20 Fiscal Year Budget, is hereby amended as follows: General Fund Current Budget Amending Budget Change Revenues $65,002,975 $75,337,139 $10,334,164 Net Increase in Undesignated Fund Balance 10.334.164 Debt Service Fund Current Budget Amending Budget Change Revenues $8,632,117 $8,753,700 $121,583 Net Increase in Projected Fund Balance 121 583 FEMA Fund Current Budget Amending Budget Change Revenues $-0- $2,031,835 $2,031,835 Expenditures -0- 2,031,835 2,031,835 Net Increase in Projected Fund Balance $ -0- Hotel/Motel Current Budget Amending Budget Change Revenues $6,000 $202,000 $196,000 Expenditures -0- 10,000 10,000 Net Increase in Projected Fund Balance 186 000 Municipal Drainage Dist Current Budget Amending Budget Change Revenues $235,000 $266,000 $31,500 Net Increase in Projected Fund Balance 31 500 1 Rolling Oaks Current Budget Amending Budget Change Revenues $861,667 $1,051,667 $190,000 Expenditures 892,781 1,088,781 196,000 Net Decrease in Projected Fund Balance 6 000 Donations Current Budget Amending Budget Change Revenues $38,001 $54,001 $16,000 Net Increase in Projected Fund Balance 16 000 Parks Current Budget Amending Budget Change Expenditures 382,685 361,090 $(21,595) Net Increase in Projected Fund Balance 21 595 CRDC Special Rev Current Budget Amending Budget Change Revenues $7,952,653 $9,275,000 $1,322,347 Expenditures 14,778,204 15,355,819 577,615 Net Increase in Projected Fund Balance 744 732 Police Spec. Rev. Fund Current Budget Amending Budget Change Revenues $22,200 $23,413 $1,213 Net Increase in Projected Fund Balance $-1213 Crime Control Current Budget Amending Budget Change Revenues $4,391,415 $6,225,000 $1,833,585 Net Increase in Projected Fund Balance 1 833 585 Juvenile Cash Management Current Budget Amending Budget Change Revenues $46,000 $34,500 $11,500 Net Decrease in Projected Fund Balance 11 500 Municipal Court Tech Current Budget Amending Budget Change Expenditures $87,773 $103,773 $16,000 Net Decrease in Projected Fund Balance 16 000 Infrastructure Maint. Fund Current Budget Amending Budget Change Revenues $7,602,820 $10,185,000 $2,582,180 Net Increase in Projected Fund Balance 2 582 180 Water/Sewer Fund Current Budget Amending Budget Change Revenues $20,393,013 $20,246,184 $ (146,829) Expenses Utility Operations 3,491,545 3,526,545 35,000 Direct Cost of Water 6,572,454 6,246,106 (326,348) Direct Cost of Sewer 4,700,745 3,698,778 (1,001,967) Net Increase in Projected Retained Earnings 1.146.486 Self -Insurance Fund Current Budget Revenues $8,468,569 Expenditures 7,050,182 Net Decrease in Projected Retained Earnings Capital Replacement Fund Current Budget Revenues $1,925,777 Net Increase in Projected Fund Balance SECTION 2. EFFECTIVE DATE. Amending Budget Change $6,073,894 $(2,394,675) 6,058,906 991276 14 9 Amending Budget Change $1,975,777 $25,000 2 0 0 That this ordinance shall become effective immediately from and after its passage as the law and charter in such cases provide. DULY PASSED and adopted by the City Council of the City of Coppell, Texas, on the 22nd day of September 2020. 1 ATT HRISTEL PETTIN S, CITY SEC TARY