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23-R-109 SLGC End of year Budget Amendment for FY 2022-2023RESOLUTION NO.23-R-109 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING THE SCHERTZ SEGUIN LOCAL GOVERNMENT CORPORATION (SSLGC) END OF YEAR BUDGET AMENDMENT FOR FISCAL YEAR 2022-2023. WHEREAS, the Schertz Seguin Local Government Corporation (SSLGC) is a corporation for the provision of and transportation of water wholly owned by both the City of Schertz and the City of Seguin; and WHEREAS, SSLGC by-laws require that the corporation establish an annual budget and said annual budget must be approved by the SSLGC Board of Directors and both the City of Schertz and the City of Seguin; and WHEREAS, the SSLGC's FY2022-2023 Annual Budget was approved by City Council; and WHEREAS, the proposed budget amendment for FY 2022-2023 has been approved by the SSLGC Board of Directors at their regularly scheduled Board Meeting on September 21, 2023 as depicted in Exhibit A ("Resolution # SSLGC R23-13") and attached hereto; and WHEREAS, the City staff of the City of Schertz (the "City") recommends that the City approve the Schertz Seguin Local Government Corporation Fiscal Year 2022-2023 Budget Amendment; and WHEREAS, the City Council has determined that it is in the best interest of the City to approve the budget amendment to ensure that the citizens and businesses of Schertz continue to receive excellent and vital water service. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS THAT: Section 1. The City Council hereby authorizes the approval of the Schertz Seguin Local Government Corporation Fiscal Year 2022-2023 Amended Annual Budget as per 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 Resolution for all purposes and are adopted as a part of the judgment and findings of the City Council. Section 3. All resolutions, or parts thereof, which are in conflict or inconsistent with any provision of this Resolution are hereby repealed to the extent of such conflict, and the provisions of this Resolution shall be and remain controlling as to the matters resolved herein. Section 4. This Resolution shall be construed and enforced in accordance with the laws of the State of Texas and the United States ofAmerica. Section 5. If any provision of this Resolution or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Resolution and the application of such provision to other persons and circumstances shall nevertheless be valid, and the City Council hereby declares that this Resolution would have been enacted without such invalid provision. Section 6. It is officially found, determined, and declared that the meeting at which this Resolution 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 Resolution, was given, all as required by Chapter 551, Texas Government Code, as amended. Section 7. This Resolution shall be in force and effect from and after its final passage, and it is so resolved. PASSED AND ADOPTED, this.) ` day o"V, 2023. CITY OF SCHE , TEXAS Rat utie Mayor ATT 4 C Sheila Edmondson, City Secretary Exhibit A Resolution # SSLGC 23-13 Resolution # SSLGC R23-13 A RESOLUTION AMENDING THE FISCAL YEAR 2023 SCHERTZ SEGUIN LOCAL GOVERNMENT CORPORATION BUDGET. NOW, THEREFORE, BE IT RESOLVED THAT THE FISCAL YEAR 2023 SCHERTZ SEGUIN LOCAL GOVERNMENT CORPORATION BUDGET IS AMENDED AS FOLLOWS: Schertz-Seguin Local Government Corporation Operating Fund Amount Decrease: Increase: $ 50,000 SSLGC-Operating Fund SSLGC-Operating Fund Professional Services Non -Departmental Professional Services Transfers to Repair/Replacement Fd 058-5500-320500 058-5500-826100 $ 45,000 SSLGC-Operating Fund SSLGC-Operating Fund Professional Services Non -Departmental Professional Services Transfers to Future Development Fd 058-5500-320500 058-5500-826200 Reason Requested: To transfer unspent funds for projects included in the budget but will not be used until FY24. Schertz-Seguin Local Government Corporation Repair/Replacement Fund Amount Increase: Increase: $ 50,000 SSLGC-Repair/Replacement Fund SSLGC-Repair/Replacement Fund Intragovernmental Transfers Professional Services Transfers from Operating Fund Asset Management 061-391063 061-9000-320500 Reason requested: To transfer funds from the Operating Fund for the Asset Management Project that has not yet been used but will be used in FY24. Amount Increase: Increase: $ 55,000 SSLGC-Repair/Replacement Fund SSLGC-Repair/Replacement Fund Improvements other than Buildings Non -Departmental Cathodic Protection Project Use of Retained Earnings 061-9000-703000 061-9800-960000 Reason requested: To increase appropriation for the Cathodic Protection Project for final invoices remaining on the task order but were not budceted for. Amount Increase: $ 50,000 SSLGC-Repair/Replacement Fund Improvements other than Buildings Fiber Installation 061-9000-703000 Reason requested: Resolution # SSLGC R23-13 Increase: SSLGC-Repair/Replacement Fund Non -Departmental Use of Retained Earnings 061-9800-960000 To appropriate funds in the Repair/Replacement Fund that was budgeted in the Operating Fund in FY22, but not started until FY23. Schertz-Seguin Local Government Corporation Future Development Fund Amount Increase: $ 45,000 SSLGC-Future Development Fund Intragovemmental Transfers Transfers from Operating Fund 062-391063 Increase: SSLGC-Future Development Fund Professional Services Water Models 062-9000-320500 Reason requested: To transfer funds from the Operating Fund for the Water Model Project that has not yet been used but will be used in FY24. Water Impact Fund Amount Increase: $ 35,000 SSLGC-Impact Fund Professional Services CIP Updates 065-9000-320500 Increase: SSLGC-Impact Fund Non -Departmental Use of Retained Earnings 065-9800-960000 Reason requested: To appropriate funds for the 5-year Capital Improvement Update Project. This project was originally budgeted in the Operating Fund in FY23, but has not yet been started. Resolution # SSLGC R23-13 PASSED AND ADOPTED BY THE BOARD OF DIRECTORS OF THE SCHERTZ-SEGUIN LOCAL GOVERNMENT CORPORATION, on this the 21" day of September, 2023. ,�" Aw'&7�- Pre ' ent S rtz-Seguin Local Government Corporation ATTEST: Secretary Or Assistant Secretary