ORD 2023-15 FY24 BudgetTOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 2023-15
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS
ADOPTING AND APPROVING THE BUDGET FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2023 AND ENDING SEPTEMBER 30, 2024,
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 it's 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, 2023, and ending
September 30, 2024; 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 all funds summary attached hereto as Exhibit "A" and incorporated herein
is approved and adopted for the fiscal year beginning October 1, 2023, and ending
September 30, 2024; 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 2023-15 Page 2 of 4
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 11th day of Augest 2023.
n
ROPY eann y, yor
OF 1' w f Tr y Cl Texas
3� �G
O G
0
ATTEST: ,� Q
_ I
/ V� ✓�Nf/ARY�'1Q
Tammy Dixon,�Town Secretary
Town of Trophy Club, Texas
APPROVED TO AS FORM:
Dea o n Attorney
Town of Trots y Club, Texas
ORD 2023-15 Page 3 of 4
EXHIBIT "A"
FISCAL YEAR 2023-2024 BUDGET
ALL FUNDS SUMMARY
ORD 2023-15 Page 4 of 4
All Funds Summary - Fiscal Year 2024
COMPONENT
GOVERNMENTAL FUNDS PROPRIETARY FUNDS NT
FY24 Tax Rate UNITS
Capital Information P.rklimd Stor�vvater
DebtServlce Capital Projects Equi ment Services Hotel Street Court Court Security Recrea Trophy Club
0.415469 General Fund Fund Fund Repl.p O�ctip..cy M intenance Technolo y CCPC) Fund P 'ion Dedication TIRZ N1 Grants Fund 11 a EDC413Fund Total
cement Replacement fund rogram Fund Park Fund U ,In"'
Fund Fund Fund 5.1:sT..Fu.d Fund g Fund t,r, I Fund
inning Fund Balance . FY22 t I
679, 94 886 IS 355332 r, $72,424 1,719 735 13 471 SOS 1$ 196,044 21,550 5 177,656 s
3 Exp� g'" 165�269 [$ (912,74S)IS 21S,S73 2i633,723 IS 259,ZS3 IS 9,514 50,015 (98,737)', $ 9,
tF� less FY2 J L
Revenue
Property Tax _
71, E53,jj�5
9, 44
Ucenses and Permits
Franchise Fees
255,000
255,ODD
17,500
SaIes/OccuparicyTa!____
Fines and Fees
1,1!5,n
j1nODO
5�,n
_L
5�,l
_!n
1,339
--
0 000
43 OS
752,625
--
3,728,964
--
0,476
Charges forsel�,M-
LI-U1R,EeRt -Inclim-,
1,195,440
909,154
160,000
2�-J
50
2
1,195,440
909,154
500
171,500
'Contributions
-
lEs
"4,16TK�'[�-
-6f2 0:0
-IT
-TREE
-5,99.:
Expenditures
General Government
Manager's oRfc-e
Town Secretary's Office
262,275
225,430
±!M18
69121-7
549,873
27I
225,430
Police
3,870,180
449,436
4,319,616
EMergtRcV_Medial Services
----i,625,895
Fire
1,761,163
3U5,490
--
14j J18
1,76L663
StreetsI-
-
-1,465
2,2773
Parks
li.cnlilon
Community Events
1,644,559
_127,9 7
56,300
167,500
217
5219E
378,309
270,302
2,082,361
1,061,164
434,609
511,071L
591,264
Community Development
Finance..-
459,071
91,261
Municipal court_____
109,240
114.495
R-Uniann Resources
communication,
487,281
217,577
941,297
487,281
50,000
217571.
991,297
308,724
Information Services
E.S[lity Melntenance,
Debt Service
ICapltal - Projects
2,692,720
6,725,000
100,000
97,000
408
2,893,128
6,922,0001
Current Revenues to Expenditures 121,458 $ (264,233) $ (6,705,000) $ (494,217) $ (50,000) 134,191 6AS2 $ (1,755) $ 2,500 $ (99,436) $ $ (9S,ZSO) S 101,704 $ $ (69,102) 5 163,53S $ 112,699 (7,129,729)
Other sources (Uses):
Debtlssuance
Excess Current Revenue
Available for Transfer to Capltal
121,458
272,958
i&I'm
_4
147,L3�5
Transfers, Out
Total 9therS'o"Urje;jUs;sj '1,$
'Nei Increase (Decrjase),
Ending Fund b.la_._Ce
2,744,217
(Z,i7l,259)
.(2,47:1,259)
4,�ii,IiZO
201,��S If$
J$7 (62"720)'i$
[$ 10i,149 I[$
.(P,70P,OL0)
.(7,61�,79�)
�J'44,21�
Is 2,250,OPO
Z,929,954
J$ k,00O..!
[$"
J$ J12373 ;1$
S 95665
iZ9,191
2,9�� 914
i$ (20,0�00)'I$.
(13,213),$
i45,435,1$
(1 ?S.5)
_6�7�9
.soo
J$ (1,50Q) I$
1 S i3OOO !$ (9!,j36)J$
1 $ S1,015 1$ 97,608
.$ (95 2SO)Is 101,704 is
1$ 21,Sib 92 �100 I $ i,967 9,226 -1$
15,000
(lqlqOOf.[$
Ls
i7l.236".rs
20,000 y
(20,9.00) Is
.,b,.3 r, �;S,69 - 9
5
1,-xi; 's
(2.7119,7171
562,'97k
L$ (6,68;,211),
FY24 PROPOSED - 911W023