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2008T17-Bugdetary Tranfers ORDINANCE NO. 08-T-17 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO MAKE BUDGET ARY TRANSFERS WITHIN AN ADOPTED BUDGET. WHEREAS, City Charter Section 7.07 (d) states "Upon written request by the City Manager, the City Council may transfer part or all of any unencumbered appropriated balance among programs within a department, office or agency, or from departments, offices or agencies," and WHEREAS, a need exists to allow greater flexibility to allow the City Manager to transfer appropriated money within an adopted budget, and WHEREAS, City Council is in receipt of a written request from the City Manager. NOW BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: Section I THA T, the City Manager is hereby authorized to transfer appropriated money within an adopted budget under the following circumstances: a. Transfer of money within a department's budget so that total department budget does not change; b. Transfer of money between and among departments if the total single transfer does not exceed $50,000 and the total of all of such transfers in a fiscal year does not exceed one percent (1 %) of the City's budget. c. The City Manager shall inform Council of any such transfer within thirty (30) days of such transfer. Section II THAT, in no case shall money be transferred between funds without Council approval. Section III THAT, all sections of ordinances in conflict with this Ordinance are hereby repealed. 1 Section IV THAT, this Ordinance shall take effect following adoption on second and final reading and any publication required by law. PASSED AND APPROVED ON FIRST READING THIS THE 1 st DAY OF APRIL, 2008. PASSED AND APPROVED ON FINAL READING THIS TH ~ DAY OF APRIL, 2008. ATTEST: ~~~ Brenda Dennis, City Secretary 2 1400 SCHERTZ P ARKW A Y SCHERTZ, TEXAS 78154-1634 PHONE (210) 619-1000 FAX (210) 619-1050 DON E. TAYLOR CITY MANAGER To: Mayor and City Council From: Don E. Taylor Date: March 27,2008 RE: Budget Transfers For operational efficiency, a need exists to grant the City Manager greater flexibility in managing appropriated money. In accordance with the City Charter Section 7.07 (d), this letter shall serve as a written request for City Council to grant the City Manager the authority to transfer appropriated money within the FY 2007-08 adopted budget under the following circumstances: a. Transfer of money within a department's budget so that total department budget does not change; and b. Transfer of money between departments ifthe total single transfer does not exceed $50,000. In no case shall money be transferred between funds without Council approval. Please call me if you have any questions. Corridor to the Future -I"'T1"'T1 0::;" ::;- -1<1><1> :I> r N C1I '0 o o o o NN C1I01 '00 00 00 00 00 a~~ -from "'<1><1> '" ..... ..... r"'''' ~~ ~~ . . NN 01 01 -J -J ~~ ~~ ~~ N~ 00 ~~ ~~ , . e..> e..> 0'101 <D <D 0,0, ~~ co 0> 00 00 N 01 o o o o o .... 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