Title
Approving an ordinance on first and final reading with the caption reading: An ordinance of the City of Pflugerville, Texas, adopting the first amendment to the FY2024 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.
Per City Charter, section 9.04 (d) At any time during the fiscal year the manager may transfer part or all of any unencumbered appropriation balance among programs within a department, division, or office. Upon written request by the manager, the council by ordinance may transfer part or all of any unencumbered appropriation balance from one department, office, or agency to another.
General Fund: This amendment includes the reclassification of several positions between departments, restructuring of the Engineering department with an update to the allocation between General Fund and Utility Fund, the addition of one position in Public Works, the appropriation of total cost of equipment previously budgeted as short term financing, and the appropriation to cash fund up-fitting on leased vehicles versus rolling this cost into the lease payments. This amendment also appropriates the funds to payoff the balance on the short term financing entered into during FY2023.The explanation for each amendment is included on Exhibit A.
Total additional expense appropriations needed is $1,942,374, all from available fund balance leaving the percentage of fund balance to recurring expenditures at 40%.
Water Wastewater Fund: This amendment includes the reclassification of several positions between departments. and the restructuring of the Engineering department. The explanation for each amendment is included in Exhibit A.
Total additional expense appropriations needed is $1,364,153, all from available fund balance leaving the percentage of fund balance to recurring expenditures at 29%.
ARPA Fund: This amendment appropriates the funds needed to complete the projects previously approved by city council.
Total additional expense appropriations needed is $4,140,000, all from available fund balance.
Prior City Council Action
Budget Adoption FY24 September 12, 2023
Deadline for City Council Action
December 12, 2023 to increase appropriations for FY2024
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:
FY24 First 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, Texas, adopting the first amendment to the FY2024 Budget for the City of Pflugerville; and providing an effective date.