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ORD 2012-24TOWN OF TROPHY CLUB, TEXAS ORDINANCE NO. 2012-24 AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS ADOPTING AND APPROVING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2012 AND ENDING SEPTEMBER 30,2013, AND MAKING APPROPRIATIONS FOR EACH DEPARTMENT, PROJECT, OPERATION, ACTIVITY, PURCHASE, ACCOUNT AND OTHER EXPENDITURES; PROVIDING FOR EMERGENCY EXPENDITURES AND EXPENDITURES AS ALLOWED BY APPLICABLE LAW; PROVIDING FOR FILING OF DOCUMENTS; REPEALING CONFLICTING ORDINANCES; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE; PROVIDING FOR ENGROSSMENT AND ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town of Trophy Club is a home rule municipality regulated by state law and its Charter; and WHEREAS, the Charter of the Town provides that the Town Manager shall prepare a proposed budget annually and submit that budget to Council; and WHEREAS, the proposed budget for the Town of Trophy Club, Texas (the "Town") which has been filed with the Town Secretary is a budget to cover all proposed expenditures of the Town for the fiscal year beginning October 1, 2012, and ending September 30,2013; and WHEREAS, the budget shows as definitely as possible each of the various projects for which appropriations are set up in the budget, shows the estimated amount of money carried in the budget for each of such projects, and otherwise complies with all requirements of the home rule Charter for the Town; and WHEREAS, public notice of a public hearing on the proposed annual budget, stating the date, time, and place and subject matter of the public hearing, was given as required by the laws of the State of Texas and Town Charter; and WHEREAS, the Town Council has studied the budget and listened to the comments received at the public hearing and has determined that the budget attached hereto is in the best interest of the Town of Trophy Club. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: SECTION 1. APPROVING THE BUDGET The budget attached hereto as Exhibit "A" and incorporated herein is approved and adopted for the fiscal year beginning October 1, 2012, and ending September 30, 2013; and there is hereby appropriated from the funds indicated and for such purposes, respectively, such sums of money for such departments, projects, operations, activities, purchases, accounts and other expenditures as proposed in the attached budget. SECTION 2. PROVIDING EMERGENCY EXPENDITURES Pursuant to state law, no expenditure of the funds of the Town shall hereafter be made except in compliance with the budget and applicable state law; provided, however, that in case of grave public necessity emergency expenditures to meet unusual and unforeseen conditions, which could not by reasonable, diligent thought and attention have been included in the original budget, may from time to time be authorized by the Town Council as amendments to the original budget. Pursuant to Town Charter, the Council may make emergency appropriations to address a public emergency affecting life, health, property or the public peace. SECTION 3. BUDGET FILED The Town Council shall cause to be filed a true and correct copy of the approved budget, along with this Ordinance, with the Town Secretary and in the office of the County Clerk of Denton County, and Tarrant County, Texas. Additionally, a copy of the budget shall be posted on the Town's internet website. SECTION 4. CONFLICT Any and all ordinances, resolutions, rules or regulations in conflict with this Ordinance are hereby repealed and rescinded to the extent of the conflict herewith. SECTION 5. 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 this Ordinance, and the Town Council hereby declares it would have passed such remaining portions of this Ordinance despite such invalidity, which remaining portions shall remain in full force and effect. ORD 2012-24 Page 2of4 SECTION 6. SAVINGS All rights and remedies of the Town of Trophy Club, Texas, are expressly saved as to any and all provisions of any other Ordinance affecting budget requirements, which have secured at the time of the effective date of this Ordinance. SECTION 7. ENGROSSMENT AND ENROLLMENT The Town Secretary of the Town of Trophy Club is hereby directed to engross and enroll this Ordinance by filing this Ordinance in the ordinance records of the Town as required in the Town Charter. SECTION 8. EFFECTIVE DATE This Ordinance shall be effective 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 24th day of September 2012. S nnon DePrat ,Town Secretary own of Trophy Club, Texas [SEAL] Patricia A. Adams, Town Attorney Town of Trophy Club, Texas ORD 2012-24 C"onnie White, Mayor Town of Trophy Club, Texas .~ 'n -C\ -~ f) CDi ! I ,,\ I , J/ '<\\ :';,,,. "',,' Page 3 of4 EXHIBIT" A" FISCAL YEAR 2012-2013 BUDGET ORD 2012-24 Page 4 of4 TOWN OF TROPHY CLUB, TEXAS Annual Program of Services 2008-09 2009-10 2010-11 2011-12 2011-12 2012-13 2013-14 2014-15 ACTUAL ACTUAL ACTUAL ADOPTED ESTIMATE PROPOSED PROJECTED PROJECTED General Fund 6,022,311 5,987,176 6,576,455 6,753,444 7,127,310 7,304,060 7,428,285 7,602,922 Debt Service Fund 815,971 931,484 1,348,199 1,364,499 1,365,498 1,479,681 1,609,016 1,588,592 Trophy Club Park Fund 128,517 77,594 117,019 120,000 125,000 125,000 135,000 135,000 Street Maintenance Sales Tax Fund - 132,420 126,273 140,656 150,502 156,523 161,219 166,055 Storm Drainage Utility Fund - 128,880 220,665 130,000 130,000 375,100 398,000 398,000 Economic Development Corporation 4A 232,659 265,694 247,269 294,661 301,005 313,245 319,506 325,892 Economic Development Corporation 4B 116,651 132,917 123,737 161,656 164,356 196,623 159,755 162,951 Hotel Occupancy Tax Fund 17,132 17,713 22,644 21,050 21,050 111,050 116,600 122,428 Court Technology Fund - - - 27,350 25,350 4,545 4,636 4,775 Court Security Fund - - - 3,000 3,100 3,030 3,091 3,183 Capital Projects Fund 44,318 5,048,457 4,787,240 1,368,906 878,213 1,181,142 373,249 355,823 TOTAL REVENUE 7,377,559$ 12,722,335$ 13,569,501$ 10,385,222$ 10,291,384$ 11,249,999$ 10,708,357$ 10,865,621$ 2008-09 2009-10 2010-11 2011-12 2011-12 2012-13 2013-14 2014-15 ACTUAL ACTUAL ACTUAL ADOPTED ESTIMATE PROPOSED PROJECTED PROJECTED General Fund 5,761,005 5,892,041 6,025,703 6,753,091 6,640,989 7,304,060 7,413,072 7,597,956 Debt Service Fund 904,918 911,721 1,354,955 1,358,316 1,358,316 1,474,681 1,609,016 1,231,241 Trophy Club Park Fund 102,633 100,205 113,935 116,443 119,458 124,967 124,076 127,832 Street Maintenance Sales Tax Fund - 94,439 123,279 140,656 114,240 156,312 159,372 162,636 Storm Drainage Utility Fund - 116,924 220,665 130,000 127,480 374,881 373,662 378,661 Economic Development Corporation 4A 178,020 202,018 250,633 294,661 244,000 313,245 310,094 316,292 Economic Development Corporation 4B 74,002 91,378 82,317 161,656 149,649 196,623 152,210 155,254 Hotel Occupancy Tax Fund 41,828 19,000 20,500 20,975 20,975 111,050 116,600 122,428 Court Technology Fund - - - 24,550 24,550 3,275 3,275 3,739 Court Security Fund - - - 3,000 3,000 3,000 3,000 3,000 Capital Projects Fund 1,529,000 286,309 4,073,549 1,350,906 540,789 1,181,142 373,249 354,772 TOTAL EXPENDITURES 8,591,406$ 7,714,035$ 12,265,536$ 10,354,254$ 9,343,446$ 11,243,236$ 10,637,626$ 10,453,811$ TOTAL REVENUES OVER/UNDER EXPENDITURES (1,213,847)$ 5,008,300$ 1,303,965$ 30,968$ 947,938$ 6,763$ 70,731$ 411,810$ REVENUE & EXPENDITURE SUMMARY BY FUND 2012-2013