HomeMy WebLinkAboutOrd 715-2016 Adopting FY 2015-2016 Budget Amendment - Capital Projects Fund CITY OF ANNA
ORDINANCE NO. 715 - 2016
(FY 15-16 Budget Amendment)
AN ORDINANCE AMENDING ORDINANCE NO. 695-2015 ADOPTING THE BUDGET
FOR THE 2015-2016 FISCAL YEAR; PROVIDING FOR SAVINGS, SEVERABILITY,
AND REPEALING CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; AND
PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF.
WHEREAS, on September 8, 2015, the City Council of the City of Anna, Texas ("City
Council"), after a duly noticed public hearing as required under Texas Local Gov't Code
§102.106, and in accordance with applicable provisions of the City of Anna, Texas
Home-Rule Charter ("Charter"), adopted a budget of all municipal appropriations and
expenditures for the 2015-2016 fiscal year; and
WHEREAS, The General Fund's unreserved fund balance has the capacity to provide
funding to the Capital Projects Fund without violating the City's policy to maintain 25%
of appropriations in unreserved fund balance in the General Fund; and
WHEREAS, the City is authorized to make this budget amendment by majority vote of
the City Council under Section 7.09 of the Charter;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ANNA, TEXAS THAT:
SECTION 1. The recitals contained in the preamble hereof are hereby found to be true,
and such recitals are hereby made a part of this ordinance for all purposes and are
adopted as a part of the judgment and findings of the City Council with respect to the
budget amendments described herein.
SECTION 2. The City Council of the City officially finds, determines, and declares that
the City of Anna 2015-2016 fiscal year budget is hereby amended with respect to its
Capital Projects Fund (Fund 50) as set forth in the original budget adopted under
Ordinance No. 695-2015 by replacing the information regarding said funds with the
information relating to said funds set forth in the attached Exhibit A, incorporated herein
for all purposes.
SECTION 3. Upon adoption and execution of this ordinance, the City Secretary is
directed to attach same and its exhibits to the original City of Anna 2015-2016 fiscal
year budget in all places where said budget is filed as of public record or posted for
public inspection.
SECTION 4. If any provision of this ordinance or the application thereof to any person
or circumstance shall be held to be invalid, the remainder of this ordinance and the
application of such provision to other persons and circumstances shall nevertheless be
valid, and the City Council hereby declares that this ordinance would have been
enacted without such invalid provision.
SECTION 5. It is officially found, determined, and declared that the meeting at which
this ordinance is adopted was open to the public and public notice of the time, place,
and subject matter of the public business to be considered at such meeting, including
this ordinance, was given, all as required by Chapter 551, as amended, Texas
Government Code.
PASSED, APPROVED, AND ADOPTED on first and final reading on this 8t" day of
March, 2016.
ATTESTED: -�.� APPROVED
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City Secretary Carne L. SmithFt'ti`I ,yor Mi e Crist
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Insert— Exhibit A
CITY OF ANNA, TEXAS ORDINANCE NO. 715-2016 PAGE 2 OF 2
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