Title
Approving an ordinance on first and final reading with the caption reading: An ordinance of the City of Pflugerville, Texas, adopting the second amendment to the FY23 Budget for the City of Pflugerville; and providing an effective date.
Summary
Per City Charter, section 9.04 (a), City Council may approve supplemental appropriations where there are revenues available for appropriation in excess of those estimated in the budget.
Funds that exceeded annual adopted budget require an amendment to appropriate funding in the amount of the expenditures in excess. The following funds require an amendment to cover the amount over budget. Each fund has revenues collected to fund the expenditures.
General Fund: There are several departments within General Fund that are needing to be amended due to various circumstances. The explanation for each amendment is included on Exhibit A.
Total additional expense appropriations needed $1,447,128 all offset by increases in additional revenue and budget savings.
Water Wastewater Fund: There are several departments within the Water Wastewater Fund that are needing to be amended due to various circumstances. The explanation for each amendment is included in Exhibit A.
Total additional expense appropriations needed $265,000 partially offset by increases in additional revenue and salary savings, with $213,354.95 coming out of available fund balance.
Solid Waste Fund: There were expenses associated with Winter Storm Mara (Feb. 2023) that are causing this amendment. We are able to recognize some FEMA revenue that will offset some of the expenditures.
Total additional expense appropriations needed $895,000 partially offset by increases in additional revenue, with $353,714 coming out of available fund balance.
Prior City Council Action
Budget Adoption FY23 September 13, 2022
Amendment #1: January 10, 2023
Deadline for City Council Action
November 14, 2023 to close FY23 and provide budget ordinance for audit.
Funding Expected: Revenue __ Expenditure _x_ N/A __
Budgeted Item: Yes __ No _x_ N/A __
Amount: _by fund listed above_______
1295 Form Required? Yes __ No _x_
Legal Review Required: N/A _x_ Required __ Date Completed: ___________
Supporting documents attached:
FY23 Second Budget Amendment Ordinance
Exhibit A
Recommended Action
Approve an ordinance on first and final reading with the caption reading: An ordinance of the City of Pflugerville, Texas, adopting the second amendment to the FY23 Budget for the City of Pflugerville; and providing an effective date.