2010-087c:ldocuments and settingslmemccallllocal settingsltemporary Internet fileslcontent.outlooklietz193albudgetamendment-airport gas well fund.doc
ORDINANCE No. 2010-087
AN ORDINANCE OF THE CITY OF DENTON, TEAS AMENDING THE FISCAL YEAR
2009-10 BUDGET AND ANNUAL PROGRAM OF SERVICES OF THE CITY OF DENTON
TO ALLOW FOR AN ADJUSTMENT TO THE AIlZPORT GAS WELL FUND OF NINE
HUNDRED SEVENTY THREE THOUSAND FIVE HUNDRED EIGHTY Two DOLLARS
x$973,582} TO BE TRANSFERRED TO THE GENERAL FUND FOR REIMBURSEMENT OF THE GENERAL FUND SUBSIDY OF AIRPORT OPERATIONS AND TO
DISCONTINUE THE TRANSFER OF SALES TAB AND AD VALOREM TAKES FROM
THE GENERAL FUND TO THE NON-AIRPORT GAS WELL FUND; DECLARING A
MUNICIl'AL PURPOSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR AN
OPEN MEETINGS CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, pursuant to Ordinance No. 2009-216, the City Council of Denton, Texas,
approved the Fiscal Year 2009-2010 Budget and Annual Program for Services the "Budget"};
and
WI~REAS, beginning with FY 2005-06, the City Council directed that the General Fund
transfer sales taxes and ad valorem taxes generated from gas wells located within the city limits
to the Non-Airport Gas well Fund; and
WHEREAS, it is in the best interest of the City to discontinue the annual sales tax and ad
valorem tax transfer from the General Fund into the Non-Airport Gas well Fund; and
WHEREAS, the General Fund has subsidized Airport Operations over the past six fiscal
years by Nine Hundred Seventy Three Thousand Five Hundred Eighty Two Dollars x$973,582};
and
WHEREAS, the City Council has determined that it is in the best interest of the City of
Denton to recover the subsidy; and
WHEREAS, the City Council f nds 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 20092010 Budget and Annual Program for Services is
hereby amended by the City Council to allow for the transfer of Nine Hundred Seventy Three
Thousand Five Hundred Eighty Two Dollars x$973,582} from the Airport Gas well Fund to the
General Fund. The new Airport Gas Well Fund budget will be increased by Nine Hundred
c:Idocuments and settingslmemccallllocal settingsltemporary inteme~ fileslcontent.autlooklietz193albudget amendment-airport gas well fund.dac
Seventy Three Thousand Five Hundred Eighty Two Dollars x$973,5$2} from One Million Four
Hundred Twenty Seven Thousand Eight Hundred Eighty Eight Dollars x$1,427,888} to TwQ
Million Four Hundred One Thousand Four Hundred Seventy Dollars x$2,401,470}.
SECTION 3. The annual transfer of sales tax and ad valorem tax from the General Fund to the Non-Airport Gas well Fund is discontinued. .
SECTION 4. This Ordinance shall be filed with the City Secretary, who is directed to
attach a copy of this Ordinance to the Fiscal Year 2009-2010 Budget and Annual Program for
Services and cause this Amendment to be published once in the Denton Record Chronicle, and
to file a copy of this Ordinance with the County Cierk of Denton County and the State
Comptroller of Public Accounts in Austen.
SECTION 5. This Ordinance was approved by at least five members of the City Council
as required by Section 5.08 of the City Charter.
SECTION 6. 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 7. 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 8. This Ordinance shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the day of ~ , 2010.
A. B 0U S, YOR
ATTEST:
JENNIFER wALTERS, CITY SECRETARY
BY:
i
Page 2
I
Ilcodadldepartmentsllegallour dacumentslordinancesll0lbudgetamendment-airport gas well fund,doc
APPROVED AS TD LEGAL FGRM:
ANZTA BURGESS, CITY ATTORNEY
BY. ~
Page 3
i