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Ordinance 14-T-14 Midyear Budget Adjustment, General, EMS, EDCORDINANCE NO. 14 -T -14 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING A MIDYEAR BUDGET ADJUSTMENT TO THE GENERAL FUND, THE EMS FUND, AND THE EDC FUND; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT WITH THIS ORDINANCE; AND PROVIDING AN EFFECTIVE DATE WHEREAS, pursuant to Ordinance 13 -T -34, the City of Schertz (the "City") adopted the budget for the City for the fiscal year 2013 -2014 (the "Budget , which provides funding for the City's operations throughout the 2013 -2014 fiscal year; and WHEREAS, the City needs to increase the General Fund Budget by $948,087 to fund additional programs in the General Fund, and increase the EMS Fund Budget by $20,630 for an additional EMS Billing Clerk; and WHERAS, the City will recognize $769,725 in net additional revenue from Sales Tax, Permits, Franchises, and Senior Center operations while lowering expectations for Court Fines in the General Fund, and will also recognize $345,908 in additional Sales Tax for the EDC; EMS will recognize an additional $20,630 in fees; and WHERAS, the City will utilize $178,362 in the General Fund from the currently recognized revenues designated to be returned to reserves for the additional programs; and WHEREAS, City staff recommends that the City Council of the City adjust the Budget and recognize the net expected revenue increase; and WHEREAS, the City Council of the City has determined that it is in the best interests of the City to adjust the Budget and recognize additional revenues, as more fully set forth in this Ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: Section 1. The City shall adjust the Budget and shall use $948,087 in the General Fund and $20,630 in the EMS Fund from previously unrecognized revenues and reducing the amount of revenues over expenses as shown in "Exhibit A ". Section 2. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a part of this Ordinance for all purposes and are adopted as a part of the judgment and findings of the Council. Section 3. All ordinances and codes, or parts thereof, which are in conflict or inconsistent with any provision of this Ordinance are hereby repealed to the extent of such conflict, and the provisions of this Ordinance shall be and remain controlling as to the matters resolved herein. Section 4. This Ordinance shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. Section 5. If any provision of this Ordinance or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Ordinance and the application of such provision to other persons and circumstances shall nevertheless be valid, and the City hereby declares that this Ordinance would have been enacted without such invalid provision. Section 6. It is officially found, determined, and declared that the meeting at which this Ordinance is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Ordinance, was given, all as required by Chapter 551, as amended, Texas Government Code. Section 7. This Ordinance shall be effective upon the date of final adoption hereof and any publication required by law. PASSED ON FIRST READING, the 1st day of April, 2014. PASSED, APPROVED and ADOPTED ON SECOND READING, the 8th day of April, 2014. CITY CHERT�Z�TEXAS David Scaglio ayor Pro -Tern ATTEST: `rr tS r nda Dennis, City Secretary (CITY SEAL) 50558021.1 - 2 -