Title
Approving an ordinance on second reading with the caption reading: An Ordinance of the City of Pflugerville, Texas, Adopting the second amendment the Fiscal Year 2021 Budget for the City of Pflugerville, Texas; and providing an effective date.
Summary
The City's Finance Policy requires each department to manage expenditures within personnel, operating, and capital outlay budgets. A year-end process to balance across all departments is required to maintain compliance with Finance Policy. The budget amendment balances department operating expenditures and does not request additional appropriations.
Total FY21 Expenditures by operating fund amended budget and year-end actual:
General Fund: $48,209,876 budget, $44,830,441 actual
Water/Wastewater Utility Fund: $38,069,782 budget, $36,207,858 actual.
Prior City Council Action
Fiscal Year 2021 Budget was adopted by Council August 25, 2020.
Fiscal Year 2021 First Budget Amendment adopted on fourth reading by Council July 13, 2021
City Council approved the ordinance on first reading on January 25, 2022.
Deadline for City Council Action
February 8, 2022
Funding Expected: Revenue __ Expenditure x__ N/A _x_
Budgeted Item: Yes __ No _x_ N/A __
Amount: ___N/A_____
1295 Form Required? Yes __ No x__
Legal Review Required: N/A __ Required _x_ Date Completed: ___01/11/2022________
Supporting documents attached:
Budget Amendment Ordinance, supporting Exhibit A
Recommended Action
Staff recommends approval of ordinance as presented.