Loading...
05-09-23-Ordinance-Budget Amendment No. 3 for Fiscal Year 2022-2023, Capital Projects Fund-05/15/2023CITY OF SANGER, TEXAS ORDINANCE OS-09-23 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, (BUDGET AMENDMENT 3) AMENDING ORDINANCE #09-23-22, WHICH WILL AMEND THE BUDGET FOR THE 2022-2023 FISCAL YEAR AND AUTHORIZING AMENDED EXPENDITURES AS PROVIDED, PROVIDING FOR THE REPEAL OF ALL ORDINANCES IN CONFLICT; PROVIDING A CUMULATIVE CLAUSE; PROVIDING FOR A SEVERABILITY CLAUSE; AND PROVIDING A SAVINGS CLAUSE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City of Sanger (the "City") is a home rule municipality regulated by state law and Charter; and WHEREAS, the City Council approved Ordinance 09-23-22 adopting the budget for the 2022-2023 Fiscal Year on September 19, 2022; 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 WHEREAS, the City Council finds that the passage of this Resolution is in the best interest of the citizens of Sanger. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS: SECTION 1. That the annual budget for the 2022-2023 Fiscal Year is hereby amended to increase revenues in the General Fund by I in the Capital Projects Fund by $2,426,165, and expenditures in the Capital Projects Fund by $1,512,135 as shown in Exhibit "A". SECTION 2. Expenditures during the 2022-2023 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 3. That all matters stated in the preamble are found to be true and correct and are incorporated herein as if copied in their entirety. SECTION 4. It is hereby declared to be the intention of the City Council that the sections, paragraphs, sentences, clauses, phrases and words of this Ordinance are severable and, if any word, phrase, clause, sentence, paragraph, or section of this Ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining portions of this Ordinance, since the same Ordinance —Amending the FY 2022-2023 Budget - No. 3 2023 Tax Notes Page 1 of 3 would have been enacted by the City Council without the incorporation in this Ordinance of any such unconstitutional word, phrase, clause, sentence, paragraph, or section. SECTION 5. That this Ordinance shall be cumulative of all other City Ordinances and all other provisions of other Ordinances adopted by the City which are inconsistent with the terms or provisions of this Ordinance are hereby repealed. SECTION 6. This ordinance will take effect immediately from and after its passage and the publication of the caption, as the law and Charter in such case provides. PASSED AND APPROVED by the City Council of the City of Sanger, Texas, on this 15Ih day of May 2023. ATTEST: City Secretary oF'SA!v�,�; III1111�N APPROVED: iUlui« Thomas E. Muir, Mayor APPROVED TO FORM: Coleman, City Ordinance —Amending the FY 2022-2023 Budget - No. 3 2023 Tax Notes Page 2 of 3 EXHIBIT A Ordinance 05-09-23 General Fund G/L Account Account Type Account Name Original Budget Revised Budget Adjustment 001-004916 Revenue 2023 Tax Notes $0 $21573,835 $255735835 Increase revenues for the issue of 2023 Series Tax Notes Capital Projects Fund G/L Account Account Type Account Name Original Budget Revised Budget Adjustment 004-004916 Revenue 2023 Tax Notes $0 $2A26,165 $25426,165 004-32-6517 Expense New Downtown Park $2005000 $13712,135 $15512,135 Increase revenues for the issue of 2023 Series Tax Notes and increase expenses to recognize purchase of warehouse property Ordinance —Amending the FY 2022-2023 Budget - No. 3 2023 Tax Notes Page 3 of 3