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Ordinance 2020-44ORDINANCE NO. 2020-44 AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR FISCAL YEAR 2020-2021, BEGINNING OCTOBER 1, 2020, AND ENDING SEPTEMBER 30, 2021; 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 2020-2021; 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 25, 2020, 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 2020-2021. Section 2. That the sum of one hundred seven million, one hundred seventy-five thousand, one hundred fifteen dollars, $107,175,115 is hereby appropriated for the City's FY 2020-2021 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 2020-2021 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. 2020-44 Approval of Budget FY2020-2021 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 25th day of August, 2020. Eric Hogue, May ATTEST: hUnntiL „cstiuA. Stephanie Storm, City Secretary Ordinance No. 2020-44 Approval of Budget FY2020-2021 2 FY2021 PROPOSED BUDGET NOTICE FOR THE CITY OF WYLIE This budget will raise more total property taxes than last year's budget by $577,819 or 1.79%, and of that amount, $1,117,893 is tax revenue to be raised from new property added to the tax roll this year. NOTICE OF PUBLIC HEARING AND BUDGET SUMMARY FOR FY2020 CITY OF WYLIE NOTICE IS HEREBY GIVEN, pursuant to Article VII Section 3 of the City of Wylie City Charter, that the Wylie City Council will conduct a public hearing on the proposed City Budget for Fiscal Year 2021 on the 25th day of August 2020, at 6:00 p.m. in the Council Chambers of the Wylie Municipal Complex, 300 Country Club Rd, Wylie, TX. Copies of the proposed budget are available for inspection by the public at the Rita and Truett Smith Public Library, the City Secretary's Office and the City Manager's Office during regular business hours, and can be viewed online at www.wylietexas. gov/departments/fin ance/budget. ph p. The following is a General Summary of the budget which has been proposed. SUMMARY OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE ALL OPERATING AND CAPITAL FUNDS FISCAL YEAR 2020-2021 BUDG1 DEBT SERVICE, FUNDS PROPRIETARY FUND SPECIAL CAPITAL GENERAL REVENUE G 0 DEBT 4B DEBT PROJECTS TOTAL ALL FUND FUNDS SERVICE SERVICE FUNDS UTILITY FUND FUNDS ESTIMATED BEGINNING BALANCES $ 18,523,678 $ 8,328,057 $ 1,353,064 $ 213,528 $ 32,548,881 $ 15,011,303 $ 75,978,511 REVENUES: Ad Valorem 'Taxes 26,932,239 8,417,673 - - - 35,349,912 Non -Property Taxes 5,966,874 6,036,874 - - - - 12,003,748 Franchise Fees 2,840,000 - - - - 2,840,000 Licenses & Permits 916,852 12,000 - - - - 928,852 Intergovernmental 2,020,006 - - 6,900,000 8,920,006 Service Fees 3,872,224 1,168,000 - - 1,660,(1(10 24,306,619 31,006,843 Court Fees 331,450 20,000 - 351,450 Interest & Misc. Income 202,500 388,140 3,800 - 1,600 56,000 652,040 'OTAL REVENUES 43,082,145 7,625,014 8,421,473 - 8,561,600 24,362,619 92,052,851 Transfers from Other Funds 2,416,161 30,000 - 392,250 - - 2,838,411 TOTAL AVAILABLE RESOURCES 64,021,984 15,983,071 9,774,537 605,778 41,110,481 39,373,922 17(1,869,773 EXPENDITURES: General Government 12,876,269 8,250 - - - - 12,884,519 Public Safety 23,326,497 2,204,975 - - - - 25,531,472 Development Services 1,173,642 - - - - 1,173,642 Streets 4,466,149 - - - - - 4,466,149 Community Services 4,670,860 3,484,567 - - - 8,155,427 Utilities - - - - 21,397,448 21,397,448 Debt Service - 8,649,357 392,250 - 1,471,054 10,512,661 Capital Projects - - - - 16,682,230 - 16,682,230 Economic Development - 3,533,156 - - - - 3,533,156 TOTAL EXPENDITURES 46,513,417 9,230,948 8,649,357 392,250 16,682,230 22,868,5(12 104,336,704 Transfers to Other Funds 422,250 2,416,161 2,838,411 ENDING FUND BALANCE $ 17,5(18,567 $ 6,329,873 $ 1,125,180 $ 213,528 $ 24,428,251 S 14,089,259 S 63,694,658 TOTAL REVENUES $ 94,891,262 NET DECREASE (INCREASE) IN FUND BALANCE 12,283,853 TOTAL APPROPRIABLE FUNDS S 107,175,115