Page 564 - Bedford-FY22-23 Budget

ORDINANCE NO. 2022-3362

AN ORDINANCE AUTHORIZING AMENDMENTS TO THE ADOPTED ANNUAL BUDGET OF THE CITY
OF BEDFORD, TEXAS FOR THE FISCAL PERIOD OF OCTOBER 1, 2022 THROUGH SEPTEMBER 30,

2023; PROVIDING FOR INTRA-FUND AND/OR INTRA-DEPARTMENTAL TRANSFERS; PROVIDING
FOR INVESTMENT OF IDLE FUNDS; AND DECLARING AN EFFECTIVE DATE.

WHEREAS, the City Council adopted Ordinance No. 2021-3350 setting forth the Budget for Fiscal
2023, beginning October 1, ending September 30, 2023; and,
2022 and

WHEREAS, the City Council finds and determines that revenues and/or reserves are available for
supplemental appropriation, and/ that the transfer of certain funds interdepartmentally is
or
economically feasible and in the best interest of prudent budgeting and for municipal purposes;
and,

WHEREAS, the City Council desires to amend said Fiscal Year 2022-2023 Annual Operating Budget
to reflect such supplemental appropriation and/
or transfer as described in the documents attached
hereto.

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEDFORD, TEXAS:

SECTION 1. That the findings above are found to be true and correct, and are incorporated
herein.

SECTION 2. That the Annual Budget for the City of Bedford, Texas, for the fiscal period of
October 1, through September 30, 2023 in words and figures contained therein,
2022
is hereby amended for municipal purposes as shown on " Budget Amendment # 1,"

attached hereto.

SECTION 3. That Budget Amendment # 1 shall be attached to the Fiscal Year 2022-2023 Annual

Operating Budget and maintained in the records of the City.

PRESENTED AND PASSED this 8th day of November 2022, by a vote of 7 ayes, 0 nays and 0
abstentions, regular meeting of the City Council of the City of Bedf • rd, Texas.
at a

ichael B• ' ter, Mayor

ATTEST:

Michael ells, City Secretary

APPROVED AS TO FORM:

eredith, City A orney