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HomeMy WebLinkAboutOrd. 1650-2 20260622ORDINANCE NO.1650-2 An Ordinance of the City Council of the City of Pearland, Texas, amending Ordinance No. 1650-1, the 2026-2027 Annual Budget Ordinance, to facilitate the changes identified herein; providing a savings clause, a severability clause, a repealer clause, and an effective date. WHEREAS, the City Council is authorized by law to make changes in the City budget for municipal purposes and for emergency appropriations to meet a pressing need for public expenditure to protect the public health, safety, and welfare as a result of unusual and unforeseen conditions; and WHEREAS, said amendments are necessary to reflect the Fiscal year 2026 budget revisions, including revenues and expenditures; now therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That the City Manager or his designee is authorized to make appropriations for a revised Fiscal Year 2026 year-end budget as set out in Exhibit A, attached hereto and incorporated herein by reference for all purposes, as authorized by law for municipal purposes. Section 2. That the City Manager or his designee is authorized to take all actions necessary to facilitate the changes identified herein. Section 3. Savings. All rights and remedies which have accrued in favor of the City under this Chapter and amendments thereto shall be and are preserved for the benefit of the City. Section 4. Severability. If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid, unconstitutional or otherwise unenforceable by any court of competent jurisdiction, such portion shall be deemed a separate, distinct, and independent provision and such holding shall not affect the validity of the remaining portions thereof. Section 5. Repealer. All ordinances and parts of ordinances in conflict herewith are hereby repealed, but only to the extent of such conflict. Docusign Envelope ID: 0D26D836-3FDD-8ED9-8196-7E4C991B0A5C ORDINANCE NO. 1650-2 Section 6. Effective Date. This Ordinance shall become effective immediately upon its passage and approval by the City Council. PASSED and APPROVED ON FIRST READING this the 8th day of June, A.D., 2026. ________________________________ QUENTIN WILTZ MAYOR ATTEST: ________________________________ FRANCES AGUILAR, TRMC, MMC CITY SECRETARY PASSED and APPROVED ON SECOND AND FINAL READING this the 22nd day of June, A.D., 2026. _____________________________ QUENTIN WILTZ MAYOR ATTEST: _____________________________ FRANCES AGUILAR, TRMC, MMC CITY SECRETARY APPROVED AS TO FORM: ____________________________ LAWRENCE G. PROVINS CITY ATTORNEY Docusign Envelope ID: 0D26D836-3FDD-8ED9-8196-7E4C991B0A5C Budget Budget Budget Budget Amendment #1 Amendment #2 Amendment #1 Amendment #2 OPERATIONS 305 310 315 320 325 330 331 332 Parks Financial Assistance Donations 5,227 5,148 5,000 6,755 335 336 337 340 345 346 350 351 352 353 SUB TOTAL - OPERATIONS 417,472,701 424,841,803 494,360,238 471,568,676 CAPITAL IMPROVEMENT PROGRAM Water/Sewer Capital Projects Funds Expenses 550 Utility Impact Fee 3,793,921 4,962,216 11,014,601 3,243,187 551 Water Impact Fee -1,551,033 2,189,939 4,959,207 552 Sewer Impact Fee -1,916,837 1,532,601 5,659,206 565 1999 W & S Revenue Bonds -133,201 2,581,938 2,890,573 566 W & S Revenue Bonds 2020 -61,407 1,202,636 1,804,477 567 TWDB Revenue Bond Series 2020 -166,516 (2,671,101)8,077,819 568 W & S Revenue Bonds 2021 -39,431 (15,314)713,030 569 W & S Revenue Bonds 2022 -620,516 (4,463,748)9,471,418 570 Water/Sewer Pay As You Go 7,935,411 7,938,962 758,427 6,228,317 571 TWDB Bonds 2021 -420,621 3,878,947 13,856,507 572 TWDB Bonds 2022 - - - - 573 TWDB Bonds 2023 17,721,396 16,690,474 11,853,868 7,158,863 574 W&S CO 2023 -383,382 (3,219,511) 17,632,431 575 MUD 4 Capital Program - 875 - - 576 WS CO 2024 -877,616 9,684,980 95,913,509 577 WS CO 2025 172,013,265 (3,796,611) 170,825,680 578 WS Certificates of Obligation 409,531,492 407,304,197 394,428,039 394,428,039 Capital Projects Funds 500 Capital Projects 38,708 38,708 88,708 88,708 501 Capital Projects-CO 2001 -376,158 6,182,357 10,112,620 503 Capital Projects-CO 2006 - 224 (19,951)9,749 506 Capital Projects-GO 2009 -821,742 19,480,304 25,680,681 507 Capital Projects-GO 2020 - (1,934,052)121,326 508 Capital Projects-CO 2020 -47,222 (1,092,696)1,423,537 509 Capital Projects-GO 2021 -46,384 475,790 8,677,859 511 PEDC Projects - - - - 512 Capital Projects-CO 2021 - - (976,440) (14,301,973) 513 Capital Projects-GO 2022 -362,175 1,737,373 9,810,123 515 Capital Projects-CO 2020 (TIRZ)-37,093 1,129,583 1,510,843 516 Capital Projects-CO 2021 (TIRZ)-113,850 1,945,817 2,161,750 517 Capital Projects-CO 2022 -218,753 1,001,653 5,944,383 518 Capital Projects-CO 2022 (TIRZ)-214,953 (1,059,314)6,015,686 519 Capital Projects-GO 2023 - - 4,371,286 (3,584,267) 520 Capital Projects-CO 2023 -82,326 (268,620)4,740,402 521 Drainage Fund - - - - 522 Capital Projects-GO 2024 -468,401 2,932,321 26,457,688 523 Capital Projects-CO 2024 -57,018 1,577,015 17,318,527 524 Capital Projects-CO 2023 (TIRZ)-235,227 788,068 10,182,068 525 Capital Projects-CO 2024 (TIRZ)- - - 237,630 526 Capital Projects- GO 2025 -9,927,220 1,863,858 8,637,472 527 Capital Projects- CO 2025 General Obligation Certificates of Obligation SUB TOTAL - CIP 621,547,998 830,106,956 654,894,618 1,074,403,431 GRAND TOTAL: 1,039,020,699 1,254,948,759 1,149,254,856 1,545,972,107 Revenues Expenses Revenues Ordinance No. 1650-2