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09-13-12-Ordinance-Adopting the Fiscal Year 2012-2013 Budget-09/28/2012ORDINANCE #09-13-12 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, ADOPTING THE BUDGET PROVIDING FOR THE APPROPRIATION OF FUNDS FOR OPERATING AND CAPITAL EXPENDITURES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2012 AND ENDING SEPTEMBER 30, 2013, PROVIDING FOR THE INTRA AND INTER DEPARTMENT AND FUND TRANSFERS AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to the laws of the State of Texas and the City Charter, the budget covering proposed expenditures for the fiscal year beginning October 1, 2012 and ending September 30, 2013 was filed with the City Secretary; and WHEREAS, budget workshops were conducted by the City Council on the proposed budget at which time the proposed budget was fully considered; and WHEREAS, in accordance with the provisions of the City Charter and the Local Government Code, the City Council of the City of Sanger, Texas published notice of and conducted two public hearings on the budget on August 20, 2012 and September 4, 2012. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS: SECTION 1: That the City Council adopts the budget for the City of Sanger, Texas, a copy of which is on file in the office of the City Secretary and which hereinafter referred to as the 'Budget" for the fiscal year beginning October 1, 2012 and ending September 30, 2013. SECTION 2: That the budget presented by the City Council and reviewed during the public hearing is hereby approved and adopted for the fiscal year 2012-2013. General Fund $4,957,417 Enterprise Fund $10,435,124 Debt Fund $726,948 4A $99,767 4B $200,500 SECTION 3: That the City Manager or his designee is authorized to invest any funds not needed for current use, whether operating funds or bond funds, in the United States Treasury bills, savings accounts or certificates of deposit. Accrued interest from such investments may be deposited in the General Fund, all of which investments shall be in accordance with the law. SECTION 4: That the City Manager be authorized to make intea and inter department fund transfers during the fiscal year as becomes necessary in order to avoid over expenditure of any departments total budget. SECTION 5: This ordinance is effective immediately upon its adoption. PASSED, APPROVED AND ADOPT ,P,t ,l i , day of September 2012. e'' . { t p 1 ATTEST: Tami Taber, City Secretary %l Thomas Muir, May ElNI.BIT 1A„ To: Mike Brice, City Manager Frorn: Cheryl Davenport, Finance Director Copy: Tami Taber, City Secretary RE: Budget Amendments The following budget amendments are proposed to allow for the expenditure of additional funds available. increase the Police Department Budget by $12,000 for a grant rece(ved from Denton County for the purchase of one in -car camera and 13 rifles. Increase the Fire Department Budget by $126,000 for an Assistance to Firefighters Grant for Project 25 portable and mobile radios. Increase the 46 fund expenditures by $18,250 for the Park Master Plan. This project was budgeted in Fiscal Year (FY) 2011-2012 but not completed by the end of the fiscal year. The total project budget was $36,500, Half was paid in FY 2011-2012 with the remainder of $18,250 due in the current fiscal year. Approved by Park Board on April 1, 2013. Increase the Capital Improvement Plan budget by 206,507 to transfer the balance in the Wastewater Capital Improvement account from the General Capital Projects Fund to the Enterprise Capital Projects Fund. During the FY 2011-2012 audit, the City's auditors, Weaver LLP, suggested that the City should segregate General Capital Projects from Enterprise Capital Projects. Increase the Enterprise Fund budget by $363,500 to transfer bond reserve funds to the General Capital Projects Fund that was held in bond reserve and released after the 2012 bond refunding. The funds can be used for any purpose and will allow the General Capital Project Fund enough funding for change orders and up -front funding for reimbursement projects. Increase the General Capital Projects budget by $4,500 for Reconstruction of a Brick Sidewalk in the Downtown Park and increase the 46 Fund expenditures for a transfer to the General Capital Projects Fund for this project. The Park Board approved the funding for the project on April 1, 2013, Increase the Enterprise Capital Projects budget by $300,000 for extension of water and sewer lines along the East side of 135 and increase the 4A Fund expenditures for a transfer to the Enterprise Capital Projects Fund for this project. The Sanger Texas industrial Development Corporation approved the funding of this project on March 18, 2013. PO. BOX Y'729 WWW.SANGERTEXAS.ORG 940-458-7930 SAiVGER, TEXA5'�6266 94o-4S8.4Y8a >F'AX .9=€a t 3I �r3f6'r 3�,0 ,•' <? erJf. 314 E, Hickory P.O. Box 369 Denton, TX 76202 940-387-3811 Publication(s): DentorrRecord-Chronicle PROOF OF PUBLICATION Being duly sworn (s)he is the Publisher/authorized designee of the Denton Record -Chronicle, in City of Denton/surrounding areas in Denton County; Newspaper of general circulation which has been continuously and regularly published for a period of not less than one year preceding the date of the attached notice, and that the said notice was published in said newspaper on the following dates. Publication of a neighborhood newspaper began on May 71 2005: Lewisville/Flower Mound/ HighlandVillage NeighborsGo (name changed from Southern Denton County Neighbors effective 12/2008) 0811212012 (signature of Authorized Designee) Subscrjb,�d and sworn to before me this 1 `J day of,�� by (printed name of Designee) Witness my hand and official seal: Notary Public, Denton County, Texas SANGER, CITY OF P O BOX 1729 SANGER, TX 76266 ,J� K, haP9►�MDND N�ltnfy etato tl�l"' 1 5-2016 Iv (400111,. Ext Ad Copy: I NOTICE OF PUBLIC HEARING CITY OF SANGER, TEXAS 2012.2013 BUDGET The City Council of the City of Sanger will conduct a Public Nearing on the proposed FY 2012.2013 budget on r9 nday, August 20, 2012 at 7:00 p.m. In the Council Chambers at City Hall, 502 Elm Street. DR0 8/12112 i iI i i� Ad Number: 0000863667-01 Price: $10.80