Title
Approving an ordinance on second reading with the caption reading: An ordinance of the City of Pflugerville, Texas, adopting the first amendment to the FY20 Budget for the City of Pflugerville; and providing an effective date (100 W. Main and 1849 Park intersection improvements).
Summary
The City's Charter, Section 9.04(a), allows for amendments to the budget for supplemental appropriations when revenues are available. During the fiscal year it may be necessary to amend the approved budget to allow for expenditures and revenues that were not anticipated at the time of budget approval. The attached summary includes additional details of the first proposed amendment to the FY20 budget which includes the 100 W. Main St. property purchase and 1849 Park intersection improvements both authorized by City Council on October 22, 2019.
The form for budget amendment ordinances was previously approved by the City Attorney's Office in February 2018.
Prior City Council Action
The FY20 budget was approved on September 24, 2019.
The first amendment to the FY20 budget was approved on first reading on November 26, 2019.
Projected Future City Council Action
This ordinance will be considered for second and final reading on December 10, 2019.
Funding Expected: Revenue ___ Expenditure _X_ N/A __
Budgeted Item: Yes ___ No _X_ N/A __
Amount: $_1,186,533_
1295 Form Required? Yes __ No _X_
Legal Review Required: N/A ___ Required _X_ Date Completed: _2/23/18_
Supporting documents attached
Ordinance
Exhibit A - Amendment Summary
Recommended Action
Approve the ordinance on second and final reading for the first amendment to the FY20 budget.