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HomeMy WebLinkAboutORD 1975 Amending the 2012 Annual BudgetCity of West University Place Harris County Texas ORDINANCE NO. 1975 AN ORDINANCE AMENDING THE BUDGET OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012; CONTAINING FINDINGS AND PROVISIONS RELATING TO THE SUBJECT; AND DECLARING AN EMERGENCY WHEREAS, it is found and determined that changes in the current budget are necessary for municipal purposes and that amendments are necessary for emergencies of the kind contemplated by state law, and it is formally found, determined and declared that such emergencies exist; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. That the budget of the City of West University Place for the 12 month period beginning January 1, 2012, and ending December 31, 2012 as heretofore adopted be, and it is hereby, amended as shown in Exhibit A attached. Section 2. The City Council approves, adopts and ratifies the findings set out in Me preamble hereof and directs that the City Secretary file a copy of this ordinanw with the county clerk, in the same manner as original budgets are required to be filed. Section 3. All ordinances and parts of ordinances in conflict herewith are hereby repealed to the extent of the conflict only. Section 4. If any word, phrase, clause, sentence, paragraph, section or other part of this ordinance or me applicator thereof to any person or circumstance, shall ever be held to be invalid or unconstitutional by any court of competent jurisdiction, neither the remainder of this ordinance, nor the application of such word, phrase, clause, sentence, paragraph, section, or other part of this ordinance to any other persons or circumstances, shall be affected thereby. Section 5. The City Council officially finds, determines and declares that a sufficient written notice of me sate, hour, place and subject of each meeting at which this ordinance was discussed, considered, or acted upon was given in the manner required by the Open Meetings Act, Chapter 551, Texas Local Government Code, as amended, and that each such meeting has been open to the public as required by law at all times during such discussion, consideration and action. The City Council ratifies, approves and confirms such notices and the contents and posting thereof. Section 6. The public importance of this measure and the requirement of the law create an emergency and an urgent public necessity requiring that this ordinance be passed and take effect as an emergency measure, and a state of emergency is hereby declared. This ordinance is accordingly passed as an emergency measure and shall take effect Immediately upon adoption and signature. Section ]. This ordinance shall become effective upon adoption and signature. *( PASSED, APPROVED AND ADOPTED ON FIRST AND FINAL READING on the /91 day dr(llj-, 2013. Q4SM Thelma Len Recommended by: City Manager Michael Ross Approved as to legal form: City AfforneyCity Alr I' CITY OF WEST UNIVERSITY PLACE, TEXAS BUDGET AMENDMENT 2111E M12 Amendment Amended Budget May 11 2013 Budget GENERAL FUND Deportment Administration 1,059,200 (22,000) 1,032,200 Finance 1.858.930 (106,380) 1,752,550 Pollee 3,68 8,259 3,698,259 Fire 2,592.683 84.200 16X,383 Public Works 3,099.826 3.099,826 Peeks and Recreation 2,439910 2,439,910 Transfers and Emergencies 260,0W 43,680 303,680 TOTAL EXPENDITURES 14,998,808 14,998,808 DEBT SERVICE FUND Current Year Property Taxes 7,680.100 7,680,100 Prior Year Property Taxes 201000 20,000 Penalty and Interest 30.000 30.000 Earnings on Investments 2,000 2.000 Transfer from Water &Sewer Fund 301,850 301,850 General Obligation Bond Proceeds - 8,555,000 8,555,000 Premium on Bonds Issued 282,219 282,219 TOTAL REVENUE 8033,950 8,837,219 16,871,169 Bond Principal 5,170,00) 135,000 5,305,000 Interest on Bonds 3,112,100 - 3,112,100 Floral Agent Fees 10,000 - 10,000 Payment to Refunded Bond &crew Agent - 8,776,911 8,75,911 TeeOnology Projects TOTAL EXPENDITURES 8292,100 81911,911 17,204,011