Title
Approving an ordinance on second reading with the caption reading: AN ORDINANCE OF THE CITY OF PFLUGERVILLE, TEXAS, ADOPTING THE FOURTH AMENDMENT TO THE FISCAL YEAR 2010-2011 BUDGET FOR THE CITY OF PFLUGERVILLE AND PROVIDING AN EFFECTIVE DATE.
Summary
Attached is a summary of the fourth set of proposed changes to the FY 2010-2011 budget. The proposed changes reflect unanticipated expenses that occurred or were completed during the third quarter of the fiscal year. The summary includes the purpose of the amendment proposal, the amounts, the line items affected, and the narrative from the referenced City Manager Report regarding the necessity for the amendment. The Finance and Budget Committee discussed the proposed amendments at its July 14, 2011, meeting and recommended approval.
Prior City Council Action
The FY 2010-2011 Budget was approved on September 14, 2010. The Council has approved three amendments to the FY 2010-2011 Budget prior to this request. This ordinance was approved on first reading on July 26, 2011.
Deadline for City Council Action
Prior to the end of the 2011 fiscal year.
Projected Future City Council Action
Subsequent amendments will be presented for approval for the last quarter of the fiscal year.
Fiscal Impact
The fiscal impact is included in the attached summary.
Staff Recommendation
Approve the ordinance on first reading.
Drafter
Beth C. Davis, Finance Director