1993-175E \NPDOCS\ONO\ANEND 0
ORDINANCE NO `1
AN ORDINANCE AMENDING THE 1992-93 ANNUAL BUDGET OF THE CITY OF
DENTON BY APPROPRIATING THE SUM OF FORTY TWO THOUSAND THREE HUNDRED
FORTY TWO DOLLARS FROM THE UNAPPROPRIATED BALANCE OF THE GENERAL
FUND AND DISBURSING IT TO VARIOUS ACCOUNT NUMBERS, APPROPRIATING
THE SUM OF ONE MILLION SEVEN HUNDRED THIRTY SEVEN THOUSAND EIGHT
HUNDRED FIFTY SEVEN DOLLARS FROM THE UNENCUMBERED BALANCE OF THE
ELECTRIC FUND TO ACCOUNT 610-080-0251-8201, APPROPRIATING THE SUM
OF FIVE HUNDRED THOUSAND DOLLARS FROM THE WORKING CAPITAL FUND TO
VARIOUS ACCOUNTS, PROVIDING FOR PUBLICATION HEREOF, AND DECLARING
AN EFFECTIVE DATE
WHEREAS, the City is required by contracts with various
organizations to remit a certain percentage of hotel occupancy
taxes collected and the 1992-93 Budget did not project the increase
in the collection of such taxes and the corresponding obligation to
remit the funds to the organizations,
WHEREAS, the City Manager having advised the City Council that
such increases were not anticipated prior to the adoption of the
1992-93 Budget and could not have been included within the pro-
visionq of the original budget,
WHEREAS, the recent award by the State of Texas of construc-
tion contracts for the Teasley Lane project and the construction of
new hospital facilities has necessitated the purchase of additional
inventory for completion of these projects not budgeted for this
year,
WHEREAS, increases in the price of spot natural gas and
increases in generation caused by the weather and Texas Municipal
Power Agency obligations have resulted in the need for additional
expenditures in the Electric Fund,
WHEREAS, the City Manager having advised the City Council that
such increases were not anticipated prior to the adoption of the
1992-93 Budget and could not have been included in the original
budget' and
WHEREAS, the City Manager seeks an amendment to the 1992-93
budgetldue to public necessity, in compliance with Sec 8 08 of the
Charter of the City of Denton, NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS
,CTION I. That the 1992-93 Budget of the City of Denton,
Texas is hereby amended by appropriating the sum of Forty two
thousa d, three hundred forty two dollars from the Unappropriated
Balance of the General Fund to the following accounts 100-041-
020M-8936,100-041-020M-8961,100-041-020M-8975,100-041-020M-8977,
100-041-020M-8978, and 100-041-020M-8998 for the purpose of making
contractual payments to the Chamber of Commerce, the North Texas
Fair Association, the Greater Denton Arts Council, Denton County
Historical Foundation and Denton County Historical Museum, Inc
SECTION II. That the 1992-93 Budget of the City of Denton,
Texas is further amended by appropriating the sum of one Million
Seven Hundred Thirty-Seven Thousand and Eight Hundred and Fifty-
Seven Dollars ($1,737,857) from the unappropriated balance of the
Electric Fund to Account No 610-080-0251-8201 to cover the
increases of natural gas purchases due to weather and contractual
obligations which were unforseeable
SECTION III. That the 1992-93 Budget of the City is further
amended by appropriating the sum of Five Hundred Thousand Dollars
($500,000) from the unappropriated balance of the Working Capital
Fund to Account Numbers 710-043-0582-8703, 710-043-0582-8708, and
710-043-0582-8709 for the purchase of additional inventory which
could not have been reasonably anticipated prior to adoption of the
1992-93 budget
SECTION IV. That the City Secretary is directed to attach a
copy of this ordinance to the original budget and cause this
amendment to be published once in the Denton Record-Chronicle
SECTION V. That this ordinance shall become effective immed-
iately upon its passage and approval
PASSED AND APPROVED this the s day of 1993
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY 1_
AP ED A TO LEGAL FORM
DEBRA A DRAYOVITCH, CITY ATTORNEY
BY
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