ORD 2016-24 TOWN OF TROPHY CLUB
ORDINANCE NO. 2016-24
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS
AMENDING THE FY 2015-2016 BUDGET OF THE TOWN OF TROPHY
CLUB, TEXAS (BUDGET AMENDMENT NO. 1); PROVIDING FOR THE
INCORPORATION OF PREMISES; PROVIDING FOR AN AMENDMENT
TO APPROPRIATE FUNDS RELATED TO CHANGES TO SERVICES
AND SUPPLIES FOR VARIOUS DEPARTMENTS, REVENUES NOT
INCLUDED IN THE ORIGINAL BUDGET, PERSONNEL CHANGES,
INCENTIVE AGREEMENTS, AND DEBT SERVICE; PROVIDING FOR
AN AMENDMENT TO INCREASE A BUDGETED TRANSFER OF
FUNDS; PROVIDING A SAVINGS AND REPEALER CLAUSE;
PROVIDING FOR SEVERABILITY; PROVIDING FOR ENGROSSMENT
AND ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Town of Trophy Club, Texas Fiscal Year 2015-2016 Budget was
adopted within the time and in the manner required by State Law; and
WHEREAS, in that Budget, the Town Council did not appropriate funds for
expenditures associated with an insurance broker in Human Resources, higher than
anticipated event rentals in Community Events, higher than anticipated overtime and
engineering in Community Development, personnel changes in the Town Attorney's
office and Human Resources, additional Signs and Markings in the Street Maintenance
Sales Tax Fund, higher than anticipated Software and Support in the Court Technology
Fund, Small Equipment and Schools and Training in the Court Security Fund, a
Transfer from the General Fund to the Capital Projects fund to construct a parking lot,
amendments to incentive agreements in the Tax Increment Reinvestment Zone #1
Fund, and paying agent fees associated with new debt issuances and the appropriate
distribution of debt service with the Drainage Fund in the Debt Service Fund; and
WHEREAS, the omitted expenditures have been partially offset by savings due
to turnover in various departments, lower than anticipated fuel prices, additional
revenue associated with Building Permits, Refuse Franchise Tax, Auction Sales,
Interest Income, Property Tax Penalty and Interest, and Sales Tax, which are offset by
unanticipated changes to the admissions at the Town aquatics facility that results in a
reduction of revenue related to Pool Entry Fees, Pool Rentals, and Pool Concessions
that have, in total, resulted in a net effect of $170,000 to the General Fund; and
WHEREAS, this amendment reduces appropriations by $2,000 in the General
Fund for total expenditures related to a various services and items, recognizes revenue
of $68,000, and increases transfers out by $240,000; and
WHEREAS, this amendment appropriates $15,000 in the Street Maintenance
Sales Tax Fund for Signs and Markings related to crosswalk flasher software; and
WHEREAS, this amendment appropriates $500 in the Court Technology Fund
for higher than anticipated software maintenance related to InCode; and
WHEREAS, this amendment appropriates $1,300 in the Court Security Fund for
new signage and schools and training; and
WHEREAS, this amendment increases Transfers In by $240,000 in the Capital
Projects Fund for the construction of a parking lot at Harmony Park; and
WHEREAS, this amendment appropriates $400,000 in the Tax Increment
Reinvestment Zone #1 Fund related to an amended incentive agreement; and
WHEREAS, this amendment appropriates $52,000 in the Debt Service Fund
related to paying agent fees related to new debt issuances and to appropriately budget
for debt distribution with the Drainage Fund ; and
WHEREAS, the Town Council of the Town of Trophy Club, Texas further finds
that the amendment, as set forth in Exhibit "A", will serve the public interest and is
necessary to support Town operations; and
WHEREAS, the Town Council of the Town of Trophy Club, Texas finds and
determines that the change in the Budget for the stated municipal purpose serves best
interests of the taxpayers, is necessary and warrants action at this time.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
SECTION 1.
INCORPORATION OF PREMISES
That the above and foregoing premises are true and correct and are incorporated
herein and made a part hereof for all purposes.
SECTION 2.
AMENDMENT
The Town of Trophy Club, Texas, Fiscal Year 2015-2016 Budget is hereby
amended to fund the line items as stated in Exhibit "A", a copy of which is attached
hereto and incorporated herein. This Amendment No. 1 (Exhibit "A") to the Original
Budget of the Town of Trophy Club, Texas, for the Fiscal Year 2015-2016 shall be
attached to and made part of the Original Budget by the Town Secretary and shall be
filed in accordance with State Law. This Ordinance is hereby adopted and shall
constitute the first amendment that has occurred since the October 1, 2015 effective
date of the Town's Fiscal Year 2015-2016 Budget.
ORD 2016-24 Page 2 of 5
SECTION 3.
SAVINGS AND REPEALER
That this Ordinance shall be cumulative of all other Ordinances of the Town
affecting the Fiscal Year 2015-2016 Budget of the Town and shall not repeal any of the
provisions of such Ordinances except in those instances where provisions of those
Ordinances are in direct conflict with the provisions of this Ordinance; whether such
Ordinances are codified or uncodified, and all other provisions of the Ordinances of the
Town of Trophy Club, codified or uncodified, not in conflict with the provisions of this
Ordinance, shall remain in full force and effect.
SECTION 4.
SEVERABILITY
If any section, article, paragraph, sentence, clause, phrase or word in this
Ordinance, or application thereof to any person or circumstance, is held invalid or
unconstitutional by a Court of competent jurisdiction, such holding shall not affect the
validity of the remaining portions of the Ordinance, and the Town Council hereby
declares it would have passed such remaining portions of the Ordinance despite such
invalidity, which remaining portions shall remain in full force and effect.
SECTION 5.
ENGROSSMENT AND ENROLLMENT
The Town Secretary of the Town of Trophy Club is hereby directed to engross
and enroll this Ordinance in the Ordinance records of the Town and to properly record
this Ordinance in accordance with the Town Charter.
SECTION 6.
EFFECTIVE DATE
This Ordinance shall take effect from and after its date of passage in accordance
with law, and it is so ordained.
PASSED AND APPROVED by the Town Council of the Town of Trophy Club,
Texas, this 12th day of July 2016.
C. Nick Sanders, Mayor
Town of Trophy Club, Texas
ATT ST: 0* 4 AP' oVED O FORM:
1s/
J u ..._� ..ter►"
Ho-1 Fim—M., Town Se reta 'i avid Dodd, Town Attorney
Town of Trophy Club, Tei ryfrri‘ * own of Trophy Club, Texas
RY 1 , \9
ORD 2016-24 Page 3 of 5
Exhibit "A"
Town of Trophy Club
Budget Amendment No. 1
There is a net effect of $170,000 on the Fiscal Year 2015-2016 General Fund budget as
a result of the proposed budget amendment. The Fiscal Year 2015-2016 Street
Maintenance budget increase specified below is a result of an upgrade to crosswalk
flasher software. The Fiscal Year 2015-2016 Court Technology budget increase
specified below is a result of higher than anticipated InCode Maintenance. The Fiscal
Year 2015-2016 Court Security budget increase specified below is a result of new
signage and schools and training. The Capital Projects Fund budget increase specified
below is a result of an increase in Transfers In to construct a parking lot at Harmony
Park. The TIRZ #1 budget increase specified below is a result of an incentive
agreement amendment. The Debt Service Fund budget increase below is a result of
current year debt issuances and correctly budgeting debt split with the Drainage Fund.
Street Maintenance Sales Tax
Line Item Department Current Budget Amendment Amended Budget
Signs and Markings Street Maint. 15,000 15,000 30,000
Court Technology
Line Item Department Current Budget Amendment Amended Budget
Software and Support Court Tech. 5,200 500 5,700
Court Security
Line Item Department Current Budget Amendment Amended Budget
Small Equipment Court Security 1,000 1,000
Schools and Training Court Security - 300 300
Capital Projects Fund
Line Item Department Current Budget Amendment Amended Budget
Transfers In Capital Projects (385,000) (240,000) (625,000)
Tax Increment Reinvestment Zone #1 Fund
Line Item Department Current Budget Amendment Amended Budget
Incentive Programs TIRZ#1 - 400,000 400,000
Debt Service Fund
Line Item Department Current Budget Amendment Amended Budget
Bond Principal Debt Service 1,339,500 40,000 1,379,500
Paying Agent Fees Debt Service 4,500 12,000 16,500
ORD 2016-24 Page 4 of 5
General Fund
Line Item Department Current Budget Amendment Amended Budget
Sales Tax Revenue (730,218) (40,000) (770,218)
Property Taxes/Penalty and Interest Revenue (10,000) (7,500) (17,500)
Refuse Franchise Revenue (142,560) (25,000) (167,560)
Building Permits Revenue (374,052) (40,000) (414,052)
Pool Entry Fees Revenue (126,265) 55,000 (71,265)
Pool Rentals Revenue (19,480) 7,500 (11,980)
Pool Concessions Revenue (23,000) 10,000 (13,000)
Auction Sales Revenue - (20,000) (20,000)
Interest Income Revenue (18,000) (8,000) (26,000)
Salaries Manager's Office 507,062 (17,000) 490,062
Medical Insurance Manager's Office 49,631 (8,000) 41,631
Elections Manager's Office 22,000 14,000 36,000
Salaries Legal 122,200 46,000 168,200
Retirement Legal 24,820 9,000 33,820
Professional Outside Services Legal 20,000 60,000 80,000
Medical Insurance Police 143,875 (12,500) 131,375
Fuel Police 42,240 (12,500) 29,740
Salaries Streets 150,174 (10,000) 140,174
Medical Insurance Streets 23,530 (5,000) 18,530
Electricity Streets 181,899 (25,000) 156,899
Salaries Parks 527,769 (12,500) 515,269
Medical Insurance Parks 86,779 (12,500) 74,279
Fuel Parks 25,149 (10,000) 15,149
Salaries Recreation 335,983 (20,000) 315,983
Event Rentals Community Events 15,799 4,000 19,799
Overtime CD 5,000 5,000 10,000
Engineering CD 75,000 5,000 80,000
Salaries Finance 209,643 (5,000) 204,643
Salaries Court 56,867 (5,000) 51,867
Salaries HR 76,274 7,500 83,774
Retirement HR 9,916 2,500 12,416
Professional Outside Services HR - 20,000 20,000
Software&Support IT 170,947 (15,000) 155,947
Hardware IT 16,273 (5,000) 11,273
Transfer Out Other Sources/Uses 385,000 240,000 625,000
ORD 2016-24 Page 5 of 5