Ord 75-2011 12/20/2011ORDINANCE NO. 75 -2011
Ordinance Amending The 2010 -11 Budget In Various Funds As Part
Of The 2010 -11 Fiscal Year End Closing Process.
WHEREAS, the City is currently in the process of closing its financial records for
the 2010 -11 fiscal year; and
WHEREAS, as part of that process, it is sometimes necessary to make budget
adjustments to ensure that all departments and funds end the fiscal year with sufficient
appropriations at the expenditure class total accounting level.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
Budget adjustments, as indicated on the attached Worksheet, which are made a
part of this ordinance, are hereby approved.
PASSED AND APPROVED this the 20th day of December, 2011.
MAYOR
ATTEST:
City Clerk
Worksheet
General Fund Revenues
$
65,040,118
$
65,040,118
$
Ori inal Revenue Bud et
General Fund Expenditures
Fire Department
$
12,716,881
$
12,728,443
$
11,662
Principally Overtime for Wildfires
Police Department
$
20,090,484
$
20,011 ,269
$
9,226
Savings in Salaries
MPEC Subsidy
$
-
$
67,663
$
67,663
Principally Revenue Shortfall in Exhibit Hall
Other General Fund Depts
$
32,232,753
$
32,232,733
$
-
General Fund Expenditures
$
65,040,118
$
65,040,118
$
-
Hotel Motel Fund Revenues
$
1,455,000
$
1,545,406
$
90,406
Hotel /Motel Tax Generated More Funds than Original Bud et
Hotel Motel Fund Expenditures
MPED Subsidy
$
1,357,335
$
1,434,131
$
76,796
Principally Revenue Shortfall in Exhibit Hall
Other Expenditures
$
97,666
$
111,275
$
13,610
,auditorium Subsidy Higher than Budgeted (Fewer Events)
Hotel Motel Fund Expenditures
$
1,455,000
$
1,545,406
$
90,406
Kicks oo Airport Fund Revenue
$
839,350
$
988,621
$
149,271
Sale of Jet Fuel at Higher Prices than Bud eted
Kicks oo Airport Expenditures
$
841,293
$
960,958
$
119,665
Cost of Jet Fuel at Hi her Prices than Bud eted
MPEC Fund Revenues
Hotel /Motel Subsidy
$
1 ,367,336
$
1,434,131
$
76,796
Higher H/M Revenue Allowed for Increased Subsidy
General Fund Subsidy
$
-
$
67,663
$
67,663
General Fund Subsidy Required Principally for Exhibit Hall
All Other MPEC Revenue
$
1 ,923,958
$
1,644,671
$ (279,387)
Fewer Events and Attendance at MPEC Facilities
MPED Fund Revenues
$
3,281,293
$
3,146,365
$
134,928
MPED Fund Expenditures
$
3,281,293
1 $
3,146,365
1 $
134,928
Savin s in MPEC Costs due to fewer events and attendance
Worksheet