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ORD 2013-33TOWN OF TROPHY CLUB, TEXAS ORDINANCE NO. 2013-33 AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS ADOPTING AND APPROVING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014, 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, 2013, and ending September 30, 2014; 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, 2013, and ending September 30, 2014; 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. rONF1 If_T 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. SF('_TION f 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 B. 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 23 d day of September 2013. A EST: T y ArV, Town Secretary Town of Trophy Club, Texas [SEAL] APPROVED AS TO FORM: Qtt'�__Xr Patricia A. Adams, Town Attorney Town of Trophy Club, Texas Connie White, Mayor Town of Trophy Club, Texas EXHIBIT "A" FISCAL YEAR 2013-2014 BUDGET REVENUE & EXPENDITURE SUMMARY BY FUND 2013-2014 General Fund 2011.12 2012-13 2012-13 2013-14 2014-15 2015-16 Debt Service Fund ACTUAL ADOPTED ESTIMATE PROPOSED PROJECTED PROJECTED General Fund 7,538,715 7,304,060 7,562,835 7,894,959 7,736,692 7,981,554 Debt Service Fund 1,369,145 1,479,681 1,485,585 1,590,526 1,858,567 1,960,931 Trophy Club Park Fund 138,712 125,000 128,000 130,000 133,900 137,917 Street Maintenance Sales Tax Fund 147,391 156,523 201,344 152,500 157,075 161,787 Storm Drainage Utility Fund 186,668 375,100 376,060 592,034 609,615 627,723 Crime Control & Prevention District 161,656 196,623 - 152,500 157,075 161,787 Economic Development Corporation 4A 301,005 313,245 563,038 - 103,103 128,856 Economic Development Corporation 4B 161,656 196,623 433,770 340,100 311,202 317,426 Hotel Occupancy Tax Fund 20,575 111,050 80,011 100,100 103,103 128,856 Court Technology Fund 33,754 4,545 5,600 5,000 5,100 5,253 Court Security Fund 17,448 3,030 4,227 4,000 4,080 4,202 Capital Projects Fund 1,368,906 1,181,142 3,452,380 3,763,010 339,632 370,689 TOTAL REVENUE $11,283,975 $11,249,999 $14,292,850 $ 14,724,729 $ 11,416,041 $ 11,858,126 2011.12 2012.13 2012-13 2013-14 2014-15 2015-16 ACTUAL ADOPTED ESTIMATE PROPOSED PROJECTED PROJECTED General Fund 6,621,188 7,303,595 7,402,985 7,838,406 7,720,193 7,944,112 Debt Service Fund 1,360,266 1,474,681 1,474,681 1,585,092 1,698,853 1,787,513 Trophy Club Park Fund 130,185 124,968 122,493 129,710 133,475 137,045 Street Maintenance Sales Tax Fund 106,142 156,312 196,005 152,500 141,055 144,537 Storm Drainage Utility Fund 160,870 374,881 204,275 591,497 595,945 608,966 Crime Control & Prevention District - - 152,500 121,055 121,627 Economic Development Corporation 4A 244,000 313,245 563,038 - - - Economic Development Corporation 4B 161,656 196,623 433,178 340,100 301,487 303,705 Hotel Occupancy Tax Fund 21,144 111,050 80,011 100,100 103,103 128,856 Court Technology Fund 22,090 3,275 5,125 4,166 3,166 3,166 Court Security Fund - 3,000 3,000 3,000 3,000 3,000 Capital Projects Fund 1,350,906 1,181,142 662,206 3,745,080 345,023 347,081 TOTAL EXPENDITURES ;10,178,447 $11,242,772 $11,146,997 E 14,642,151 E 11,166,355 $ 11,529,608 TOTAL REVENUES OVER/UNDER EXPENDITURES E 1,105,528 $ 7,227 $ 3,145,853 $ 82,578 $ 249,686 E 328,518 Any miniscule errors in addition found in this budget are due to rounding