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Home My Public Portal AboutOrdinance No. 1417-20 09-28-2020 ORDINANCE NO. 1417-20 AN ORDINANCE OF THE CITY OF RICHLAND HILLS, TEXAS, APPROVING AND ADOPTING A REVISED BUDGET FOR THE CITY FOR FISCAL YEAR OCTOBER 1,2019 THROUGH SEPTEMBER 30,2020, PROVIDING THAT EXPENDITURES FOR SAID FISCAL YEAR SHALL BE MADE IN ACCORDANCE WITH SAID BUDGET, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council, after notice and a public hearing, adopted the budget for the fiscal year of October 1, 2019 to September 30, 2020; and WHEREAS, the City Council, in accordance with Section 102.010, TEx. Loc. Gov'T CODE, desires to make certain changes in the budget for unanticipated municipal projects and purposes; and WHEREAS, the City Council finds that the revised budget is in the best interest of the municipal taxpayers; NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS: SECTION 1. That the budget, as amended and approved by the City Council, which is attached to this ordinance as Exhibit A, and made a part thereof for all purposes, is hereby adopted and approved by the City Council. All aspects of the budget for the fiscal period beginning October 1, 2019 and ending September 30, 2020 not amended pursuant to this Ordinance are hereby ratified. SECTION 2. This Ordinance shall be in full force and effect from and after its adoption. PASSED AND APPROVED ON THIS 28TH DAY OF SEPTEMBER, 2020. \' �uuluurrr/rll� ,.'`G,�,�.ANv y�//' CITY OF RICHLAND HILLS, TEXAS (? i) /'�i • T E HONORABL MAYO DW LOPEZ ///�lllllllll IIII.00\\\ ATTEST: ou.,u CATHY BQUJRG, CITY SE al TARY APPROVED AS TO FORM AND LEGALITY: CITY TTORNEY Exhibit A— Ordinance 1417-20 General Fund (Fund 001) Revenues —General Fund • Increase Building permit revenue of$70,000 (001-41042-06-00) by$225,000 for an amended total of$295,000. • Increase Plan Review Fees revenue of $20,000 (001-41023-07-00) by $159,750 for an amended total of$179,750. • Add revenue for Other Financing Sources of $719,733 (001-41000-08-00) for proceeds from the fire truck capital lease of $607,000 and the Opticom signal equipment capital lease of$112,733. Expenditures/Transfers— General Fund • Increase the Community Development expense line item 001-51170-20-00 (Engineering/Consulting Fees) of $70,000 by an increase of $148,000 for an amended total of$218,000. • Add the Fire Department expense line item 001-56020-14-00 (Equipment) in the amount of $112,733 for the acquisition of the Opticom signal equipment that was funded by the capital lease referenced above. • Add the Fire Department expense line item 001-56100-14-00 (Vehicles and Heavy Equipment) in the amount of$607,000 for the acquisition of the fire truck funded by the capital lease referenced above. • Add the transfer to the Link Operating Fund (Fund 98) account 001-57045-00-00 in the amount of$390,000 for the operating subsidy for the difference in Link operating revenues and expenses. As a point of reference, the transfer was not budgeted in FY 2018-2019 and the amount is an estimate of two fiscal years of operating transfers (FY2018-2019 and FY2019-2020) Interdepartmental expense transfers with a net expenditure effect of$0: • Municipal Court Office Equipment Maintenance— increase by $10,000 (acct 001-52040-11-00) for software expenditures not covered by the Court Technology Fund. • Police salaries — increase by $60,000 (acct 001-51010-13-00) for FY 2020 salary adjustments budgeted in Non-departmental salary adjustments. • Recreation salaries — increase by $10,000 (acct 001-51010-18-00) salary allocation - Parks. • Parks salaries — decrease by $10,000 (acct 001-51010-19-00) salary allocation - Recreation. • Non-departmental salary adjustments — decrease by $70,000 (acct 001- 51087-30-00). The total General Fund adopted FY 2020 revenues of $7,211,730 will increase by $1,104,483 for an amended revenue total of$8,316,213. The total General Fund adopted FY 2020 expenditures (including transfers) of$7,112,995 will increase by $1,257,733 for an amended expenditure total of$8,370,728. Link Fund (098) Revenue — Link Fund • Add a transfer in from the General Fund (098-41002-60-00) in the amount of $390,000 (for the operating subsidy for the difference in Link operating revenues and expenses. As a point of reference, the transfer was not budgeted in FY 2018-2019 and the amount is an estimate of two fiscal years of operating transfers (FY2018-2019 and FY2019-2020). The total Link Fund adopted FY 2020 revenues of$398,240 will increase by $390,000 for an amended revenue total of$788,240.