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Ordinance 2017-26 ORDINANCE NO. 2017-26 AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR FISCAL YEAR 2017-2018, BEGINNING OCTOBER 1, 2017, AND ENDING SEPTEMBER 30, 2018; 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 2017-2018; 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 22, 2017, 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 2017-2018. Section 2. That the sum of ninety million, three hundred four thousand, and one hundred and one dollars, $90,304,101 is hereby appropriated for the City's FY 2017- 2018 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 2017-2018 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.2017-26 Approval of Budget FY2017-2018 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 12th day of September, 2017. 4.„..e ., ir).----- Eric Hogue, y ATTEST: OF 11/17t (l,.'(ir' -.ymr y I I' / ., 00 29-7'' r Carole Ehrlich, Ci y Secretary "+ _—�i�'"'�� `'I :4' - ��F ``' sir w.d;�S�i ii. �z o°' ' �"- ----:--9c.,;(7.,1%-r'-': 4♦ till',FE RA11.144. 4, s '4867 e 1aa2®F TV 'y I Ordinance No.2017-26 Approval of Budget FY2017-2018 2 SUMMARY OF REVENUES,EXPENDITURES,AND CHANGES IN FUND BALANCE ALL OPERATING AND CAPITAL FUNDS FISCAL YEAR 2017-2018 BUDGET DEBT SERVICE FUNDS SPECIAL GENERAL REVENUE G 0 DEBT 4B DEBT FUND FUNDS SERVICE SERVICE ESTIMATED BEGINNING BALANCES $ 15,346,173 $ 5,641,992 $ 925,746 $ 207,624 REVENUES: Ad Valorem Taxes 23,274,909 - 8,074,720 - Non-Property Taxes 5,691,949 5,783,949 - - Franchise Fees 2,689,000 - - - Licenses&Permits 872,000 24,000 - - Intergovernmental 831,500 - - - Service Fees 3,397,000 1,949,500 - - Court Fees 576,400 21,900 - - Interest&Misc.Income 185,500 1,714,128 7,600 - TOTAL REVENUES 37,518,258 9,493,477 8,082,320 - Transfers from Other Funds 2,166,807 18,150 - 392,150 TOTAL AVAILABLE RESOURCES 55,031,238 15,153,619 9,008,066 599,774 EXPENDITURES: General Government 11,775,704 6,000 - - Public Safety 19,229,180 557,000 - - Development Services 1,404,824 - - - Streets 3,200,268 - - Community Services 4,703,689 4,109,815 - - Utilities - - - - Debt Service - - 7,962,813 392,150 Capital Projects - - - - Economic Development - 4,859,259 - - TOTAL EXPENDITURES 40,313,665 9,532,074 7,962,813 392,150 Transfers to Other Funds 2,795,553 410,300 - - ENDING FUND BALANCE * $ 11,922,020 $ 5,211,245 $ 1,045,253 $ 207,624 *Budgeted Use of Fund Balance for one time purchases of fleet and equipment. SUMMARY OF REVENUES,EXPENDITURES,AND CHANGES IN FUND BALANCE ALL OPERATING AND CAPITAL FUNDS FISCAL YEAR 2017-2018 BUDGET PROPRIETARY FUND CAPITAL PROJECTS TOTAL ALL FUNDS UTILITY FUND FUNDS ESTIMATED BEGINNING BALANCES S 11,898,584 $ 10,105,047 $ 44,125,166 REVENUES: Ad Valorem Taxes - - 31,349,629 Non-Property'Faxes - - 11,475,898 Franchise Fees - - 2,689,000 Licenses&Permits - - 896,000 Intergovernmental 1,228,000 - 2,059,500 Service Fees 550,000 17,655,000 23,551,500 Court Fees - - 598,300 Interest&Misc.Income 500 52,000 1,959,728 TOTAL REVENUES 1,778,500 17,707,000 74,579,555 Transfers from Other Funds 2,795,553 - 5,372,660 TOTAL AVAILABLE RESOURCES 16,472,637 27,812,047 124,077,381 EXPENDITURES: General Government - - 11,781,704 Public Safety - - 19,786,180 Development Services - - 1,404,824 Streets - - 3,200,268 Community Services - - 8,813,504 Utilities - 16,517,326 16,517,326 Debt Service - 1,101,707 9,456,670 Capital Projects 9,111,706 - 9,111,706 Economic Development - - 4,859,259 TOTAL EXPENDITURES 9,111,706 17,619,033 84,931,441 Transfers to Other Funds - 2,166,807 5,372,660 ENDING FUND BALANCE 7,360,931 $ 8,026,207 $ 33,773,280 TOTAL REVENUES S 79,952,215 NET DECREASE(INCREASE)IN FUND BALANCE 10,351,886 TOTAL APPROPRIABLE FUNDS $ 90,304,101