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ORD 2015-32TOWN OF TROPHY CLUB, TEXAS ORDINANCE NO. 2015-32 AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS ADOPTING AND APPROVING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016, 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, 2015, and ending September 30, 2016; 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, 2015, and ending September 30, 2016; 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. SFCTIC)N d 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 2015-32 Page 2 of 4 f14 3"411iffpsi 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 22nd day of September 2015. C. Nick Sanders, Mayor _TQ n of Trophy Club, Texas ATTEST: dn ><- C CD Holly Fimbr s, Town Secretary, Town of Tr6phy Club, Texas APPROVED AS TO FORM: )ZDA atricia A. Adams, Town Attorney Town of Trophy Club, Texas ORD 2015-32 Page 3 of 4 EXHIBIT "A" FISCAL YEAR 2015-2016 BUDGET ORD 2015-32 Page 4 of 4 Beginning Fund Balance Revenue Expenditures Other Sources Uses Net Increase Decrease Ending Fund Balance General Fund 3,662,226 9,013,800 8,656,309 (274,000) 83,491 3,745,717 Debt Service Fund 105,367 1,704,968 1,727,067 87,206 65,107 170,474 Capital Projects Fund 1,293,027 100 8,848,404 10,135,000 1,286,696 2,579,723 CCPD Fund 38,491 186,433 182,400 - 4,033 42,524 Street Maint. Fund 49,584 182,554 160,412 (25,000) (2,858) 46,726 Stormwater Drainage Fund 407,907 414,800 576,842 62,206 224,248 183,659 Trophy Club Park Fund (70,458) 165,000 152,806 (8,000) 4,194 (66,264) Hotel Occupancy Fund 451,931 355,020 155,825 100,000 99,195 551,126 Court Technology Fund 21,437 4,000 5,200 (11200) 20,237 Court Security Fund 21,793 3,000 - (3,000) - 21,793 Grants Fund 6,333 - 6,333 Anniversary Fund 5,312 - 5,312 EDC 4B Fund 490,480 365,559 370,950 5,391 485,089 TIRZ#1 Fund 8,291 7,095 - 7,095 15,386 Recreation Program Fund 2,812 1 8,000 8,000 - 2,812 Total $ 6,481,868 1 $ 12,410,329 1 $ 20,844,215 1 $ 9,750,000 $ 1,316,114 1 $ 7,797,982 ORD 2015-32 Page 4 of 4