From
Kathleen C. Mercer
Title
Ordinance Amending the FY 2011/2012 Operating Budgets
Presenter
Kathleen C. Mercer, Director of Budget
Recommended Action
Approve
Analysis
As part of the Budget process projections (how the fiscal year will end) for the FY 2011/2012 Operating Funds are reviewed by the City Manager and are presented to the City Council. There are several funds that have gone over the approved appropriation budget and are now having to be approved for the incremental increase by the City Council.
Financial Consideration
Funding for the incremental increases are available either from the fund balance or better than expected revenues in each of the individual funds. The detailed information for the total incremental increase of $19,491,082 is provided in the ordinance.
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, APPROVING THE BUDGET SUBMITTED BY THE CITY MANAGER OF THE CITY OF GRAND PRAIRIE, TEXAS, AS REVISED BY THE CITY COUNCIL, AMENDING THE CURRENT FY 2011/2012 OPERATING BUDGETS REFLECTED IN SECTION 1 OF THIS ORDINANCE
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS;
SECTION 1. THAT THE Operating Budgets for FY 2011/2012 submitted by the City Manager, and adjusted by the Council, is hereby incrementally amended for the following funds:
|
OPERATING BUDGET |
INCREMENTAL CHANGE |
|
Baseball Fund |
894,758 |
|
Capital Lending and Reserve Fund |
1,000,000 |
|
Cemetery |
27,424 |
|
Crime Tax Fund |
2,884,597 |
|
Employee Insurance Fund |
4,006,099 |
|
General Obligation Fund |
6,999,140 |
|
Golf Fund |
77,941 |
|
Municipal Court Building Security Fund |
6,006 |
|
Prairie Lights Fund |
42,946 |
|
Storm Water Utility Fund |
17,887 |
|
Summit Adult Center Fund |
2,090,841 |
|
Water Fund |
1,443,443 |
|
TOTAL INCREMENTAL CHANGE |
19,491,082 |
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 18TH DAY OF SEPTEMBER, 2012.