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 2016 BUDGET FOR THE CITY OF PFLUGERVILLE; AND PROVIDING AN EFFECTIVE DATE.
Summary
During the fiscal year it becomes necessary to amend the approved budget to allow for expenditures and revenues that were not originally approved. Unless a particular situation requires more immediate action, budget amendments are approved on a quarterly basis. Attached is a summary of the proposed fourth quarter budget amendments including the purpose of each proposed amendment, the amount, the funding source, and the budget accounts affected. This is the final amendment to the fiscal year 2016 budget.
This ordinance has been approved as to form by the City Attorney.
Prior City Council Action
The fiscal year 2016 budget was approved on September 29, 2015. Three prior amendments to the fiscal year 2016 budget have been approved on May 10, 2016, July 12, 2016, and August 23, 2016. This ordinance was approved on first reading on November 8, 2016.
Deadline for City Council Action
There is no deadline for action.
Fiscal Impact
The fiscal impact is included in the attached summary.
Staff Recommendation
Approve the ordinance on second and final reading.
Drafter
Lauri Gillam
Assistant City Manager