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Ordinance 2019-271 ORDINANCE NO. 2019-27 AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR FISCAL YEAR 2019-2020, BEGINNING OCTOBER 1, 2019, AND ENDING SEPTEMBER 30, 2020; REPEALING ALL CONFLICTING ORDINANCES; CONTAINING A SEVERABILTIY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Manager and staff have prepared and filed with the City Secretary a proposed budget for operation of the City during Fiscal Year 2019-2020; and WHEREAS, the proposed budget appears to be in form and substance which fully complies with all applicable provisions of the City Charter and State law; and WHEREAS, the proposed budget has been available for public inspection and review; and WHEREAS, the City Council on August 27, 2019, conducted a public hearing to receive input from the citizens of the City concerning the content of the budget; and WHEREAS, the Council having considered the proposed budget at length, and having provided input into its preparation, has determined that the proposed budget and the revenues and expenditures contained therein is in the best interest of the City and therefore desires to adopt the same by formal action; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: Section 1. That the proposed budget of the revenues of the City and the expenses of conducting the affairs thereof, as summarized in the attached Exhibit A and fully incorporated herein by reference, be, and the same hereby is, completely adopted and approved as the Budget for the City for Fiscal Year 2019-2020. Section 2. That the sum of one hundred twenty-two million, nine hundred and thirty six thousand, six hundred twenty one dollars, $122,936,621 is hereby appropriated for the City's FY 2019-2020 Budget. These funds are payment of operating, capital, and debt service expenses associated with the operation and administration of the City according to the various purposes and intents described in the FY 2019-2020 budget document. Section 3. The specific authority is hereby given to the City Manager to transfer appropriations budgeted from an account classification or activity to another within any individual department or activity; and to transfer appropriations from designated appropriations to any individual department or activity as provided in the City Charter. Ordinance No. 2019-27 Approval of Budget FY2019-2020 1 Section 4. Should any paragraph, sentence, sub -division, clause, phrase or section of this ordinance be adjudged or held to be unconstitutional, illegal, or invalid, the same shall not affect the validity of this ordinance as a whole or any part or provision thereof, other than the part or parts as declared to be invalid, illegal, or unconstitutional. Section 5. This ordinance shall be in full force and effect from and after its adoption by the City Council pursuant to the law and the City Charter. Section 6. That all other ordinances and code provisions in conflict herewith are hereby repealed to the extent of any such conflict or inconsistency. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, on this the 10th day of September, 2019. ATTEST: Stephanie Storm, City Secretary Ordinance No. 2019-27 Approval of Budget FY2019-2020 2 1 1 SUMMARY OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE ALL OPERATING AND CAPITAL FUNDS FISCAL YEAR 2019-2020 BUDGET DEBT SERVICE FUNDS GENERAL FUND SPECIAL REVENUE G 0 DEBT 4B DEBT FUNDS SERVICE SERVICE ESTIMATED BEGINNING BALANCES $ 16,235,139 $ 5,645,152 $ 1,193,929 $ 210,786 REVENUES: Ad Valorem Taxes Non -Property Taxes Franchise Fees Licenses & Permits Intergovernmental Service Fees Court Fees Interest & Misc. Income 25,845,341 5,926,800 2,768,000 1,020,990 1,765,459 3,613,704 397,500 382,500 6,096,800 10,000 1,460,000 22,200 2,013,916 8,643,207 7,600 TOTAL REVENUES Transfers from Other Funds 41,720,294 2,345,787 9,602,916 30,000 8,650,807 389,050 TOTAL AVAILABLE RESOURCES 60,301,220 15,278,068 9,844,736 599,836 EXPENDITURES: General Government Public Safety Development Services Streets Community Services Utilities Debt Service Capital Projects Economic Development 12,448,888 21,944,916 1,145,030 3,951,454 4,691,064 9,250 607,000 4,345,134 4,383,886 8,563,038 389,050 TOTAL EXPENDITURES Transfers to Other Funds 44,181,352 9,345,270 8,563,038 389,050 2,900,000 469,050 ENDING FUND BALANCE $ 13,219,868 $ 5,463,748 $ 1,281,698 $ 210,786 SUMMARY OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE ALL OPERATING AND CAPITAL FUNDS FISCAL YEAR 2019-2020 BUDGET PROPRIETARY FUND CAPITAL PROJECTS TOTAL ALL FUNDS UTILITY FUND FUNDS ESTIMATED BEGINNING BALANCES $ 39,429,133 $ 11,733,044 $ 74,447,183 REVENUES: Ad Valorem Taxes - 34,488,548 Non -Property Taxes - 12,023,600 Franchise Fees - 2,768,000 Licenses & Permits - 1,030,990 Intergovernmental 1,000,000 - 2,765,459 Service Fees 1,460,000 21,077,808 27,611,512 Court Fees - 419,700 Interest & Misc. Income 12,500 105,000 2,521,516 TOTAL REVENUES Transfers from Other Funds 2,472,500 21,182,808 83,629,325 2,950,000 - 5,714,837 TOTAL AVAILABLE RESOURCES 44,851,633 32,915,852 163,791,345 EXPENDITURES: General Government Public Safety Development Services Streets Community Services Utilities Debt Service Capital Projects Economic Development 34,618,925 19,077,492 1,046,657 12,458,138 22,551,916 1,145,030 3,951,454 9,036,198 19,077,492 9,998,745 34,618,925 4,383,886 TOTAL EXPENDITURES 34,618,925 20,124,149 Transfers to Other Funds 2,345,787 117,221,784 5,714,837 ENDING FUND BALANCE $ 10,232,708 $ 10,445,916 $ 40,854,724 TOTAL REVENUES $ 89,344,162 NET DECREASE (INCREASE) IN FUND BALANCE 33,592,459 TOTAL APPROPRIABLE FUNDS $ 122,936,621 1 1 1