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HomeMy WebLinkAboutORD 2012-042 ORDINANCE NO. 2012-42 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, 2012 AND ENDING SEPTEMBER 30, 2013; 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 2012-2013 (FY 2013) 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 FY2012-2013 budget for the different funds of the City of Grapevine are hereby fixed as follows: General Fund $56,639,937 Municipal Court Technology Fund 39,910 Convention & Visitors Bureau Fund 20,620,973 Stormwater Drainage Fund 2,863,088 Crime Control & Prevention District Fund 13,223,004 Lake Parks Special Revenue Fund 1,753,462 4B Economic Development Fund 8,327,728 Debt Service Fund 10,733,150 Utility Enterprise Fund 22,622,991 Lake Enterprise (Golf) Fund 3,446,099 General Permanent Capital Maintenance Fund 1,251,000 Permanent Street Maintenance Fund 1,558,000 Community Quality of Life Capital Project Fund 5,756,750 Convention & Visitors Bureau Capital Projects Fund 660,000 Capital Equipment Acquisitions 5,191,190 Section 2. That the City Council hereby adopts the revised budget for the fiscal year ending September 30, 2012 and the proposed Annual Operating Budget for the fiscal year ending September 30, 2013 and appropriates the funds contained therein. Section 3. That a copy of the official adopted FY2012-2013 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 FY2012 and FY2013 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 FY2012 and FY2013. Section 9. That the fact that the fiscal year begins on October 1, 2012 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 11th day of September, 2012. APPROVED: William D. Tate Mayor ORD. NO. 2012-42 2 ATTEST: -40 J1 . C. Brown Ci71 Secretary APPROVED AS TO FORM: Matthew Boyle City Attorney ORD. NO. 2012-42 3 CITY OF GRAPEVINE,TEXAS _EXHIBIT /4 TO Ord 1012-14°1 FY 2012-13 PROPOSED OPERATING BUDGE' Page _....L_- of . SUMMARY OF ALL FUNDS -Budget At-A-Glance- 2009-10 2010-11 2011-12 2011-12 2012-13 EXPENDITURES BY FUND: Actual Actual Budget Estimate Proposed General 53,202,569 52,891,216 53,928,507 53,678,866 56,639,937 Court Technology 0 619 88,020 87,000 39,910 Convention&Visitors Bureau 17,712,064 16,906,724 17,828,673 16,519,535 20,620,973 Stormwater Drainage 1,207,955 1,016,752 1,828,240 1,696,971 2,863,088 Crime Control&Prevention 12,185,253 11,878,360 13,006,728 12,761,925 13,223,004 Lake Parks 1,282,766 1,919,569 1,594,634 1,589,395 1,753,462 4B Transit&Economic Development 7,812,789 8,211,548 7,944,146 8,034,266 8,327,728 Community Quality of Life 266,195 192,408 1,875,000 1,582,563 5,756,750 Debt Service 19,718,857 12,117,919 10,761,248 10,491,807 10,733,150 Capital/Street Maintenance 2,223,325 1,323,210 2,571,500 1,839,657 2,809,000 Convention&Visitors Capital Projects 190,045 61,851 573,255 210,184 660,000 Utility Enterprise 19,563,167 20,923,268 20,790,231 21,237,141 22,622,991 Lake Enterprise(Golf) 3,167,216 3,308,608 3,226,084 3,226,161 3,446,099 Capital Equipment Acqusition 3,932,779 1,906,750 4,280,673 4,301,394 5,191,190 TOTAL 142,464,981 132,658,801 140,296,939 137,256,865 154,687,282 2009-10 2010-11 2011-12 2011-12 2012-13 PERSONNEL BY FUND: Actual Actual Budget Estimate Proposed(1) General 351.76 347.45 347.56 347.56 350.06 Convention&Visitors Bureau 79.09 75.09 75.09 75.09 77.09 Stormwater Drainage 8.00 8.00 8.00 8.00 8.00 Crime Control&Prevention 119.43 120.43 119.43 119.43 122.43 Lake Parks 1.69 1.69 1.69 1.69 2.69 Utility Enterprise 51.54 51.04 51.04 51.04 51.04 Lake Enterprise(Golf) 28.64 26.14 26.14 26.14 26.14 TOTAL 640.15 629.84 628.95 628.95 637.45 (1) In full-time equivalents