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21618 1 ORDINANCE NO. 21,618 2 3 AN ORDINANCE TO AMEND LITTLE ROCK, ARK. ORDINANCE NO. 4 21,521 (DECEMBER 19, 2017), TO ADJUST THE FISCAL YEAR 2018 5 BUDGET ORDINANCE TO REFLECT REVENUE AND EXPENDITURE 6 ADJUSTMENTS FOR THE GENERAL AND FLEET FUNDS; TO 7 DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES. 8 9 WHEREAS,the City approved a comprehensive budget for the City of Little Rock,Arkansas, in Little 10 Rock,Ark., Ordinance No. 21,521 (December 19,2017), and, 11 'WHEREAS, it is appropriate to adjust the ordinances to reflect operational changes in the General 12 Fund,and where necessary to authorize the increase or decrease in the Fiscal Year 2018 line items for these 13 and other matters, and. 14 WHEREAS, the City Manager and the Director of Finance & Treasurer, in compliance with City 15 Budget and Financial Reporting Policies, have reviewed these adjustments and recommend them to the 16 Board of Directors for approval. 17 NOW,THEREFORE,BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY 18 OF LITTLE ROCK,ARKANSAS: 19 Section 1. General Fund Section 5 of Little Rock,Ark.,Ordinance No.21,521 (December 19,2017) 20 is hereby amended so the General Fund Operating Resources amount will decrease by One Million,Eighty- 21 Three Thousand, Four Hundred Twenty-Five Dollars ($1,083,425.00) to Two Hundred Seven Million, 22 Eight Hundred Seventy-Nine Thousand, Eight Hundred Fifty Dollars ($207,879,850.00), and to reflect 23 increases in Operating Budgets for General Fund Departments of One Million,Eight Hundred Forty-Seven 24 Thousand, Four Hundred Eighty-Five Dollars ($1,847,485.00) to Two Hundred Ten Million, Eight 25 Hundred Ten Thousand, Seven Hundred Sixty Dollars($210,810,760.00). 26 Section 2.Fleet Fund Section 5 of Little Rock,Ark., Ordinance No. 21,521 (December 19,2017) is 27 hereby amended so the Fleet Fund Operating Uses amount will increase by One Million Dollars 28 ($1,000,000.00)to Fourteen Million, Sixty-One Thousand,Ninety-One Dollars($14,061,091.00). 29 Section 3.Records. The Director of Finance & Treasurer is directed to maintain appropriate records 30 which provide greater detail for the adjustments set forth in this ordinance as reflected in the materials 31 provided to the Board of Directors for the August 21,2018, meeting. 32 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 33 word of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or 34 adjudication shall not affect the remaining portions of the ordinance which shall remain in full force and [Page 1 of 2] 1 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 2 ordinance. 3 Section 5. Repealer. All ordinances, resolutions, bylaws, and other matters inconsistent with this 4 ordinance are hereby repealed to the extent of such inconsistency. 5 Section 6.Emergency. The City's ability to properly maintain its budgets and to account for its funds 6 is essential to maintain the public health, safety and welfare; an emergency is, therefore, declared to exist 7 and this ordinance shall be in full force and effect from and after the date of its passage. 8 PASSED: August 21,2018 9 A , APPROVE 1: 10 \� / 11 12 7r •n ley ty Clerk Mark Stodola, ' ay u r 13 APP'AWE I A114.0 LEGAL FORM: 14 15Ai u riIt/ • 16 Thomas M. Carpenter,City Atto A ey 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // [Page 2 of 2]