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HomeMy WebLinkAboutOrdinance - 2021-O0053 - Budget Amendment #21First Reading May 11, 2021 Item No. 8.3 ORDINANCE NO. 2021-00053 Second Reading May 25, 2021 Item No. 6.1 AN ORDINANCE AMENDING THE FY 2020-21 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GENERAL FUND TO APPROPRIATE FUNDING FOR THE FLEET CIP FUND; PROVIDING FOR FILING; AND PROVIDING FOR A SAVINGS CLAUSE. WHEREAS, Section 102.010 of the Local Government Code of the State of Texas authorizes the City Council to make changes in the budget for municipal purposes; and WHEREAS, in accordance with the City Budget Ordinance the City Council shall approve all transfers between funds; and WHEREAS, the City Council deems it advisable to change the FY 2020-21 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the City Council of the City of Lubbock hereby approves changes to the City of Lubbock Budget FY 2020-21 (Budget Amendment 421) for municipal purposes, as follows: I. Amend the FY 2020-21 General Fund Operating Budget by increasing the transfer to Fleet CIP by $2,986,851 from $1,395,000 to $4,381,851 for a portion of the General Fund vehicles approved in the FY 2019-20 Capital Budget in Capital Improvement Project(CIP) 92629, General Fund Vehicle Replacement FY 19-20 Tax Note, and amend the Fleet Operating Budget by increasing the Transfer from General Fund by $2,986,851, from $1,395,000 to $4,381,851. The tax notes for the debt funded vehicles were issued in General Fund and this amendment will allow transfer of the debt proceeds for the vehicles purchased to -date in CIP 92629 to the Fleet CIP fund where the purchase was made. SECTION 2. THAT a copy of the changes made to the City of Lubbock Budget pursuant to this Ordinance shall be filed with the City Secretary and County Clerk of Lubbock as required by law. SECTION 3. THAT should any section, paragraph, sentence, clause, phrase or word of this Ordinance be declared unconstitutional or invalid for any reason, the remainder of this Ordinance shall not be affected thereby. AND IT IS SO ORDERED Passed by the City Council on first reading on May 11, 2021 Passed by the City Council on second reading on May 25, 2021 DANIEL M. POPE, NhYOR ATTEST: Reb ca Garza City ecretary APPROVED AS TO CONTENT: Chief Financial Officer APPROVED AS TO FORM: Am ms Deputy City Attorney ccdocsBudgetFY2021.Amend2 1. ord