HomeMy WebLinkAboutORD 2014-055ORDINANCE NO. 2014-55
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS ADOPTING THE BUDGET FOR THE
CITY OF GRAPEVINE, TEXAS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2014 AND ENDING
SEPTEMBER 30, 2015; PROVIDING FOR INTRA- AND
INTERDEPARTMENTAL FUND TRANSFERS; PROVIDING
FOR INVESTMENT OF CERTAIN FUNDS; DECLARING AN
EMERGENCY; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, a notice of public hearing on the budget for the City of Grapevine,
Texas for the Fiscal Year 2014-2015 (FY 2015) was heretofore published in accordance
with law; and
WHEREAS, a public hearing was duly held and all interested persons were given an
opportunity to be heard for or against any item therein.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS:
Section 1. That the appropriation amounts for the FY2014-2015 budget for the
different funds of the City of Grapevine are hereby fixed as follows:
General Fund
Municipal Court Technology Fund
Convention and Visitors Bureau Fund
Convention and Visitors Bureau Incentives Fund
Stormwater Drainage Fund
Crime Control & Prevention District Fund
Lake Parks Special Revenue Fund
4B Transit Fund
Economic Development Fund
Debt Service Fund
Utility Enterprise Fund
Utility Permanent Capital Maintenance Fund
Lake Enterprise (Golf) Fund
General Permanent Capital Maintenance Fund
Permanent Street Maintenance Fund
Community Quality of Life Capital Projects
Streets, Traffic and Drainage Capital Projects
Buildings and Facilities Capital Projects
Parks and Beautification Capital Projects
Water and Wastewater Capital Projects
Capital Equipment Acquisitions
$59,983,842
55,825
18, 484, 011
1,707,600
1,839,147
13,816,290
2,135,051
13, 296, 999
2,394,630
16, 020, 932
23,616,280
1,000,000
3,360,547
1,646,000
1,633,000
831,715
4,202,843
38, 888, 602
2,029,964
7,547,847
3,065,000
Section 2. That the City Council hereby adopts the revised budget for the fiscal
year ending September 30, 2014 and the proposed Annual Operating Budget for the fiscal
year ending September 30, 2015 and appropriates the funds contained therein.
Section 3. That a copy of the official adopted FY2014-2015 budget document
shall be kept on file in the office of the City Secretary and the City of Grapevine website.
Section 4. That the City Manager be and is hereby authorized to make intra and
inter -departmental fund transfers during the fiscal year as becomes necessary in order to
avoid over -expenditure of a particular object code.
Section 5. That the City Manager is authorized to approve expenditures up to
$15,000. Any expenditure over the $15,000 limit requires the approval of the City Council.
Each expenditure authorized by the City Manager in Account 100-44701-120-1 in FY2014
and FY2015 is approved.
Section 6. That the City Manager is authorized to reclassify personnel positions
within city service as warranted.
Section 7. That the City Manager, and/or Assistant City Manager and/or Director
of Administrative Services and/or designated investment officer are authorized to invest
any funds not needed for current use, whether operating funds or bond funds in Official
City Depositories, in any investment instrument authorized by the City's Investment Policy
and Investment Strategy and allowed by the Texas Public Funds Investment Act.
Section 8. That the reserve requirement for the Lake Enterprise Fund is
suspended for FY2014 and FY2015.
Section 9. That the fact that the fiscal year begins on October 1, 2014 requires
that this ordinance be effective upon its passage and adopted to preserve the public
peace, property, health and safety and shall be in full force and effect from and after its
passage and adoption, and an emergency is hereby declared.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 10th day of September, 2014.
William D(.- Tate
Mayor
ORD. NO. 2014-55 2
ATTEST:
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4�Z-4�aaavy�u
Jodi Brown
City Yecretary
Matthew Boyle
City Attorney
ORD. NO. 2014-55_