2009-157sAour documents\ordinances\09\budget amendment.doc
ORDINANCE NO. 45L 16 7
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AMENDING THE FISCAL YEAR
2008 - 2009 BUDGET AND ANNUAL PROGRAM OF SERVICES OF THE CITY OF
DENTON TO ALLOW FOR AN ADJUSTMENT TO THE MATERIALS MANAGEMENT
FUND OF TWO MILLION DOLLARS ($2,000,000) TO PROVIDE FOR ADDITIONAL
EXPENDITURE AUTHORITY ASSOCIATED WITH THE COST OF GOODS SOLD;
DECLARING A MUNICIPAL PURPOSE; PROVIDING A SEVERABILITY CLAUSE;
PROVIDING FOR AN OPEN MEETINGS CLAUSE; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, pursuant to Ordinance No. 2008-209, the City Council of Denton, Texas,
approved the Fiscal Year 2008-2009 Budget and Annual Program for Services (the "Budget");
and
WHEREAS, due to Denton Municipal Electric's (DME) extensive work on the RD Wells
substation, as well as service to the north side of Rayzor Ranch, the "cost of goods sold" budget
item has reached near capacity, the Materials Management Fund for Fiscal Year 2008-2009
needs to be amended; and
WHEREAS, the 2008-2009 Materials Management Fund budget is $7,163,909. A
component of this Budget is the "cost of goods sold" in the warehouse, which is currently
budged at $4,664,507; and
WHEREAS, by increasing the "cost of goods sold" budget by $2,000,000 will provide an
additional capacity for future purchases through the remainder of FY 2008-2009; and
WHEREAS, the City Council finds that this Budget Amendment also serve an important
municipal purpose already contemplated as eligible items for expenditure in the current Budget,
consistent with Section 102.010 of 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 2008-2009 Budget and Annual Program for Services is
hereby amended by the City Council to allow for an adjustment to and increase in the Material
Management Fund budget, line item "cost of goods sold" in the warehouse of Two Million.
Dollars ($2,000,000) to provide for additional capacity for future purchases through the
remainder of FY 2008-2009.
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 2008-2009 Budget and Annual Program for
Services and cause this Amendment to be published once in the Denton Record-Chronicle, and
sAour documents\ordinances\09\budget amendment.doc
to file a copy of this Ordinance with the County Clerk of Denton County and the State
Comptroller of Public Accounts in Austin.
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.
SECTION 5. 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.
PASSED AND APPROVED this the day of 2009.
MARK A IBURR'OUG h S, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY: rVED APPR AS f'O LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
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