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09-22-21-Ordinance-Budget Amendment No 4 Capital Enterprise CIP and FM 455 Sewer Extension-09/07/2021ORDINANCE #09-22-21 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, (BUDGET AMENDMENT 4) AMENDING ORDINANCE #09-24-20, WHICH WILL AMEND THE BUDGET FOR THE 2020-2021 FISCAL YEAR AND AUTHORIZING AMENDED EXPENDITURES AS PROVIDED; PROVIDING FOR THE REPEAL OF ALL ORDINANCES IN CONFLICT; PROVIDING FOR A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVEDATE. WHEREAS, the City Council approved the budget ordinance for the 2020-2021 Fiscal Year on September 21, 2020; and WHEREAS, this amendment was prepared and presented to the City Council and after consideration, it is the consensus of the City Council to amend the approved budget ordinance. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS: Section 1: The annual budget for the 2020-2021 Fiscal Year is hereby amended to increase expenditures in the 413 Fund by $30,000.00 and to increase revenues and expenditures in the Enterprise Capital Projects Fund by $30,000.00 as shown in Exhibit "A". Section 2: Expenditures during the 2020-2021 Fiscal Year shall be made in accordance with the amended budget approved herein, unless otherwise authorized by a duly enacted ordinance of the City and said budget document shall be on file for public inspection in the office of the City Secretary. Section 4: If any section, article, paragraph, sentence, clause, phrase or word in this ordinance or application thereof to any person or circumstance is held invalid or unconstitutional by a court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of the ordinance and the City Council hereby declares it would have passed such remaining portions of the ordinances despite such invalidity, which remaining portions shall remain in full force and effect. Section 5: This ordinance shall take effect immediately from and after its passage, as the law and Charter in such cases provide. PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger, Denton County, Texas, on this 7' day of September 2021. APPROVED: ``` i /,Thomas E. Muir, Mayor ATTEST: `�•�'� OF SANG Kelly dwa , City Secretary EXHIBIT A Ordinance #09-22-21 G/L Account Account Type Account Name Amount 41-74-7484 Expenditure Transfer to Enterprise CIP $ 30,000 To record transfer to Enterprise Capital Projects Fund (expenditure) 840-00-4982 Revenue Transfer from 4A $ 30,000 840-54-6539 Expenditure FM 455 Sewer Extension $ 30,000 To record transfer from 4,4 (revenue) and add project (expenditure)