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Home My WebLink About2023-0823A Resoltion Amending FY2023 BudgetResolution No. 2023-0823 Amending FY2023 Budget RESOLUTION NO. 2023-0823A TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 RESOLUTION TO AMEND FISCAL YEAR 2023 BUDGET WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is a conservation and reclamation district, and a political subdivision of the State of Texas, created under Article XVI, Sec. 59 of the Texas Constitution by order of the Texas Water Commission, now the Texas Commission on Environmental Quality ("TCEQ"), and the District operates under Chapters 49 and 54 of the Texas Water Code, as amended. WHEREAS, Title 30, Texas Administrative Code, Section 293.97(b), provides that prior to the start of a fiscal year, the governing board of each active district shall adopt an operating budget for the upcoming fiscal year. The rule further provides that the adopted budget and any subsequent amendments thereto shall be passed and approved by a resolution of the governing board and shall be made a part of the governing board minutes. WHEREAS, The Board of Directors previously approved a resolution adopting the 2023 fiscal year budget for the District on September 21, 2022; and WHEREAS, The Board of Directors now desires to amend its 2023 fiscal year budget. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 THAT: Section 1. The Board of Directors hereby amends the fiscal year budget for the 2023 Fiscal Year. A copy of the budget amendment is attached to this Resolution as Exhibit "A". The budget amendment is hereby approved for all purposes. Section 2. A copy of this Resolution amending the fiscal year 2023 budget shall be attached to the meeting minutes of August 23, 2023. Section 3. The President and Secretary of the Board are hereby authorized and directed to execute this Resolution. After this Resolution is executed, an original Resolution shall be filed in the permanent records of the District. RESOLVED, PASSED AND APPROVED this 23rd day of August 2023. 1 of 4 Resolution No. 2023-0823 Amending FY2023 Budget EXHIBIT "A" (Amended Budget) 3 of 4 Resolution No. 2023-0823 Amending FY2023 Budget Fiscal Year 2023 Budget Amendment Description FY 2023 FY 2023 Amended Amended Comments Total General Fund Expenses Adopted Amended Change $ Chan: e % 5.93% Water 6,710,979 7,142,255 431,276 6.43% Increase in Water Consumption Sold Sewer 3,839,686 3,670,000 (169,686) -4.42% Reduced Winter Average Consumption TCCC Effluent Charges 60,000 100,000 40,000 66.67% Increase in Effluent Consumption Sold Interest lncome 20,000 380,000 360,000 1800.00% Increase Interest Rate Cell Tower Revenue 14,146 37,179 23,033 162.83% Increase Contract Rate Proceeds from Sale of Assets 25,000 50,000 25,000 100.00% Sur.lus (2 District Vehicles Water Expenses $ 11,733,354 $ 12,442,977 $ 709,623 6.05% Total General Fund Expenses Medical Insurance 82,722 87,627 4,905 5.93% Increase Due to Change In Employee Election Maintenance & Repairs 229,800 204,800 (25,000) -10.88% Reduced Repairs Required Vehicle Maintenance 5,000 12,066 7,066 141.32% Increase Due to Unexpected Repairs to Fleet Electricity 228,250 194,810 (33,440) -14.65% Reduced Actual Rate From Budgeted Rate TCEQ Fees & Permits - PID - 214 214 0.00% Additional Testing Required Chemicals 25,000 45,500 20,500 82.00% Increased Cost Meter Expense 20,000 6,420 (13,580) -67.90% Reduced New Meter Accounts Capital Outlays 1,752,000 2,300,000 548,000 31.28% Increased Due to Completion of Prior Funded Projects Subtotal Water Expenses 6,577,931 7,086,596 508,665 7.73% Reduced Actual Rate From Budgeted Rate Wastewater Expenses $ 11,733,354 $ 12,442,977 $ 709,623 6.05% Total General Fund Expenses Salaries & Wages 309,655 290,179 (19,476) -6.29% Removal of FTE Overtime 33,000 15,586 (17,414) -52.77% Reduced Overtime Requirement Medical Insurance 96,579 63,861 (32,718) -33.88% Reduced Actual Rate From Budgeted Rate and Removal of FTE Maintenance & Repairs- WWTP 134,600 211,000 76,400 56.76% Increase Due to Unexpected Repairs Maintenance & Repairs- Collections 281,000 333,600 52,600 18.72% Increase Due to Unexpected Repairs Generator Maintenance & Repairs 9,000 2,836 (6,164) -68.49% Reduced Repairs Required Dumpster Services 100,000 95,000 (5,000) -5.00% Reduced Loads Required Lab Analysis 40,000 45,000 5,000 12.50% Increased Testing Required Electricity 276,318 243,973 (32,345) -11.71% Reduced Actual Rate From Budgeted Rate Lawn Services 16,000 8,500 (7,500) -46.88% Reduced Service Schedule Chemicals- WWTP 32,500 22,500 (10,000) -30.77% Reduced Chemical Required Capital Outlays 895,000 1,578,000 683,000 76.31% Increased Due to Completion of Prior Funded Projects Subtotal Wastewater Expenses 3,491,931 4,178,315 686,383 19.66% Board of Directors Expenses $ 11,733,354 $ 12,442,977 $ 709,623 6.05% Total General Fund Expenses Schools & Training 4,000 535 (3,465) -86.63% Reduced Training Required Travel & per diem 5,000 - (5,000) -100.00% Reduced Travel Required Miscellaneous Expenses 500 - (500) -100.00% Reduced Expense Required Subtotal Board of Directors Expenses 11,765 2,800 (8,965) -76.20% Reduced Actual Rate From Budgeted Rate Administration Expenses $ 11,733,354 $ 12,442,977 $ 709,623 6.05% Total General Fund Expenses Medical Insurance 116,290 79,352 (36,938) -3176% Reduced Actual Rate From Budgeted Rate Independent Labor 15,000 8,000 (7,000) -46.67% Reduced Services Required Maintenance & Repairs 40,000 20,000 (20,000) -50.00% Reduced Repairs Required Electricity 24,369 16,957 (7,412) -30.42% Reduced Actual Rate From Budgeted Rate Postage 30,000 24,000 (6,000) -20.00% Fewer Mailed Postage Bank Service Charges & Fees 95,000 141,000 46,000 48.42% Increased Online Payments and Increased District Absorbed Charged Fee Bad Debt Expense 1,500 13,000 11,500 766.67% Increased to Reflect Annual Account Write -Offs Insurance 88,200 97,400 9,200 10.43% Increase In Insurance Coverage Cost of District Assets Public Education 40,000 30,000 (10,000) -25.00% Reduced Published Information Cost Furniture/Equipment <$5000 10,000 13,053 3,053 30.53% Furniture Updated in Admin Offices Hardware IT 8,400 13,214 4,814 57.30% Unscheduled Additional Server and Station Replacement Capital Outlays - 56,346 56,346 0.00% Increased Due to Completion of Prior Funded Projects Subtotal Administration Expenses 1,534,986 1,578,548 43,562 2.84% Non Departmental Expenses $ 11,733,354 $ 12,442,977 $ 709,623 6.05% Total General Fund Expenses Legal 65,000 30,000 (35,000) -53.85% Reduced Legal Required Auditing 33,800 27,000 (6,800) -20.12% Reduced Auditing Required Subtotal Non Departmental Expenses 116,740 74,940 (41,800) -35.81% Total General Fund Revenues $ 11,733,354 $ 12,442,977 $ 709,623 6.05% Total General Fund Expenses $ 11,733,354 $ 12,921,199 $ 1,187,846 10.12% Net Budget Surplus (Deficit) $ 0 $ (478,222) $ 478,222 4.08% 4 of 4 Doug Harper, Secretary/ reasurer Board of Directors ATTEST: e7 ./ I f Lakirie Slaght, District Secr 2 of 4 Resolution No. 2023-0823 Amending FY2023 Budget Kevin R. 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