18-1460oRr�iNaNc� No. 18-1460
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AMENDING THE FISCAL YEAR
2017-2018 BUDGET AND ANNUAL PROGRAM OF SERVICES OF TH� CITY OF DENTON
TO ALLOW FOR ADJUSTMENTS TO THE FOLLOWING FUNDS: (A) GENERAL FUND
OF EIGHT HUNDREI7 TWENTY EIGHT T�IOUSAND ONE HUNDRED NINETY ON�
DOLLARS ($828,191) FOR THE PURPOSE OF FUNDING OF EQUIPMENT, TWO MASTER
PLANS, ANI7 PARK IMPROVEMENTS; (B) I7EBT SERVICE FUND OF TWENTY
THOUSANT7 DOLLARS ($20,000) FOR THE PURPOSE OF FUNDING ADDITIONAL FEES;
(C) RISK RETENTION FLJND OF SIX HUNDRED THOUSAND DOLLARS ($600,000) FOR
THE PURPOSE OF FUNDING INCREASES IN CLAIMS; (I7) PARK LANI7 DEDICATION
TRUST FUND OF ONE HUNT7REI7 THOUSAND DOLLARS ($100,000) FOR THE PURPOSE
OF FUNDING ADDITIONAL PARK LAND; AND (E), PARK I7EVELOPMENT TRUST
FUND OF ONE HUNDRED THOUSAND I70LLARS ($100,000) FOR THE PURPOSE OF
FUNDING ADDITIONAL PARK DEVELOPMENT; DECLARING A MUNICIPAL
PURPOSE; PROVIDING A SEVEIZABILITY CLAUSE, AN OPEN MEETINGS CLAUSE
AND AN EFFECTIVE DATE.
WHEREAS, pursuant to Ordinance Na. 2017-254, the City Council of Denton, Texas,
approved the Fiscal Year 2017-2018 Budget and Annual Program of Services (the "Budget"); and
amended the FY 2017-2018 Budget pursuant to Ordinances 18-003, 18-559 and 18-749 and
WHEREAS, the City of Denton desires to increase funding in the General Fund to fund
equipment, two master plans and Park improvements and other expenses; and
WHEREAS, the City of Denton desires to increase funding in the Debt Service Fund to
fund additional fees; and
WHEREAS, the City of Denton desires to increase funding in the Risk Retention Fund to
fund higher claims; and
WHEREAS, the City of Denton desires to increase funding in the Park Land Dedication
Trust Fund to fund additional Park land; and
WHEREAS, the City of Denton desires to increase funding in the Park Development Trust
Fund to fund additional Park development; and
WHEREAS, the City Council finds that this Budget Amendment serves an important
municipal purpose as eligible items for expenditure in the current Budget, consistent with Section
102.010 af the Texas Local Government Code and other applicable laws; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The findings set forth in the above preamble to this Ordinance are true and
correct and are hereby adopted.
SECTION 2. The Fiscal Year 2017-2018 Budget and Annual Program of Services is
hereby amended by the City Council to allow for adjustments to the following funds:
(A) General Fund of $828,191 increasing appropriations from $124,573,282 to
$125,401,473;
(Ii) General Debt Service Fund of $20,000, increasing appropriations from
$85,790,964 to $85,810,964;
(C) Rislc Retention Fund of $600,000 increasing appropriations from
$3,485,772 to $4,085,772;
(D) Park Land Dedication Trust Fund of $100,000, increasing appropriations
from $400,000 to $500,000; and
(E) Park Development Trust Fund of $100,000, increasing appropriations from
$500,000 to $600,000.
SECTION 3. This Ordinance shall be filed with the City Secretary, who is directed to
attach a copy of this Ordinance to the Fiscal Year 2017-2018 Budget and Annual Program of
Services.
SECTION 4. This Ordinance was approved by at least five members of the City Council
as required by Section 8.08 of the City Charter.
�a1�d�" [ l�w� m5. If any section, subsection, paragraph, sentence, clause, phrase, or word in
this Ordinance, or the application thereof to any person or under any circumstances is held invalid
by any court of competent jurisdiction, such holding shall not affect the validity of the remaining
portions of this Ordinance, and the City Council of the City of Denton, Texas, hereby declares it
would have enacted such remaining portions despite any such invalidity.
SECTION 6. It is officially found and determined that the meeting at which this Ordinance
was passed was open to the public as required by law, and the public notice of the time, place and
purpose of this meeting was given as required by law.
SECTION 7. This Ordinance shall become effective immediately upon its passage and
approval, mmmmm
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The motion to approve this Ordinance was made by ������,°��,��!� ,_ ..
seconded by ����� � �,� � � ��,��� � � �;� _� , ,m, _ , the Ordinance was passed and approved by
the following vote � �� �� � � :
Aye Nay Abstain Absent
Mayor Chris Watts: �
Gerard Hudspeth, District 1: ��
Keely G. Briggs, District 2: �
Don Duff, District 3: _ �
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John Ryan, District 4: ��,��
Deb Armintor, At Large Place 5: �'''�
Paul Meltzer, At Large Place 6:
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PASSED AND APPROVED this the ,�,���', day of �� ��' ������ �� , 2018.
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CHRIS WA f f ��� �� �� �� � �� � m..m.m.__.
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ATTEST:
JENNIFER WALTERS, �� ° �"�"� SECRETARY
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�1:��' �(��1::�1:� AS TO LEGAL FORM:
AARON LEAL, CITY ATTORNEY
BY: �' � � ��.�
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