HomeMy WebLinkAboutORD 11-051 ORDINANCE NO. 11-051
ENTITLED AN ORDINANCE AMENDING THE FISCAL
BUDGET OF THE CITY OF BEAUMONT FOR THE FISCAL
YEAR 2011 TO TRANSFER $2,940,000 FROM THE
GENERAL FUND TO THE CAPITAL RESERVE FUND,
EMPLOYEE BENEFITS FUND AND GENERAL LIABILITY
FUND; PROVIDING FOR SEVERABILITY;AND PROVIDING
FOR REPEAL.
BE IT ORDAINED BY THE CITY OF BEAUMONT:
Section 1.
THAT the Fiscal Budget of the City of Beaumont for the period commencing October 1,
2010, through September 30, 2011, be and the same is hereby amended to appropriate
and transfer the sum of$2,940,000 from the General Fund to the Capital Reserve Fund,
Employee Benefits Fund and General`Liability Fund as shown below:
Transfer To: Proposed Amendment
Capital Reserve Fund $1,000,000
Employee Benefits Fund 540,000
General Liability Fund 1.400,000
Total General Fund Amendment $2,940,000
Section 2.
That if any section, subsection, sentence, clause or phrase of this ordinance or the
application of same to a particular set of persons or circumstances should for any reason
be held to be invalid, such invalidity shall not affect the remaining portions of this ordinance
and, to such end, the various portions and provisions of this ordinance are declared to be
severable.
Section 3.
That all ordinances or parts of ordinances in conflict herewith are repealed to the
extent of the conflict only.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 16th day of
August, 2011.
�.•. Mayor Becky Ames -