01-03-20-Ordinance-Budget Amendment No 3 street rehabilitation and curb and gutter construction-01/21/2020ORDINANCE #01-03-20
AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, (BUDGET
AMENDMENT 3) AMENDING ORDINANCE #09-25-19, WHICH WILL AMEND THE BUDGET
FOR THE 2019-2020 FISCAL YEAR AND AUTHORIZING AMENDED EXPENDITURES AS
PROVIDED; PROVIDING FOR THE REPEAL OF ALL ORDINANCES IN CONFLICT;
PROVIDING FOR PUBLICATION; PROVIDING FOR A SEVERABILITY CLAUSE; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Council approved the budget ordinance for the 2019-2020 Fiscal Year on
September 16, 2019; 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; and
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
SANGER, TEXAS:
Section 1: The annual budget for the 2019-2020 Fiscal Year is hereby amended to increase
expenditures in the Enterprise Capital Projects Fund by $423,682.40 and increase revenues and
expenditures in the Capital Projects Fund by $423,682.40 as shown in Exhibit "A".
Section 2: The annual budget for the 2019-2020 Fiscal Year is hereby amended to increase
expenditures in the Capital Projects Fund by $24,771.00 as shown in Exhibit "B".
Section 3: Expenditures during the 2019-2020 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 is effective immediately from and after its passage and the publication
of the caption, 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 215t day of January 2020.
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ATTEST: r�1j����i ? ` /\:J y����``\�•
Chery1',P7'ice, City Secretary
APPROVED:
Thomas E. Muir, Mayor
1
7kTEAS
FINANCE
MEMORANDUM
To: Alina Ciocan, City Manager
From: Clayton Gray, Finance Director
Date: January 15, 2020
Re: Budget Amendment for Street Rehab Project
Public Works Director Jim has presented agenda items for street rehabilitation and curb/gutter work to
be paid from the 2017 Certificates of Obligation. The net amount of the items is as follows:
Description
Amount
Street Rehab 2020
$781,318.40
Concrete Curb and Gutter Repairs
$56,364.00
Project Total
$837,682.40
Less: Amount Included in 2019-20 Budget
$414,000.00
Project Cost Increase over 2019-20 Budget
$423,682.40
The 2019-20 Annual Budget, therefore, should be arnendedto approve the additional $423,682.40. This
amount will be transferred from the Enterprise Capital Projects Fund to the Capital Projects Fund.
The budget amendment will increase both revenues and expenditures as follows:
Enterprise Capital Projects Fund
Expenditures
840-74-7404 Transfer to CIP Fund $423,682.40
Capital Proiects Fund
Revenues
004-00-4985 Transfer from Enterprise CIP $423,682.40
Expenditures
004-30-6525 2019-20 Street Rehab Program $423,682.40
940.458,7930 1 502 Elm Street I PO Sox 1729 1 Sanger, TX 76266 1 www.sangertexas.org
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