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HomeMy WebLinkAboutOrdinance - 2021-O0071 - Budget Amendment #31First Reading June 8, 2021 Item No. 7.5 ORDINANCE NO. 2021-00071 Second Reading June 22, 2021 Item No. 6.2 AN ORDINANCE AMENDING THE FY 2020-21 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE WATER/WASTEWATER OPERATING AND CAPITAL FUNDS TO APPROPRIATE ADDITIONAL FUNDING FOR THE CAPITAL IMPROVEMENT PROJECT 92455 WATER METER REPLACEMENTS; 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 431) for municipal purposes, as follows: I. Amend the FY 2020-21 Water/Wastewater Operating Budget by increasing the Transfer to Water Capital by $510,000 from $5,340,000 to $5,850,000. The funding will be cash from Water/Wastewater Fund Balance. II. Amend CIP 92455, Water Meter Replacements, and increase the appropriation and funding by $510,000 from $2,180,000 to $2,690,000. The additional funding will come from the Water/Wastewater Fund Balance. 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. FA0"#"10401R-61a a_ 0 Passed by the City Council on first reading on June 8, 2021 Passed by the City Council on second reading on June 22, 2021 DANIEL M. POP , MAYOR ATTEST: Rebec a Garza City Secretary APPROVED AS TO CONTENT: D. Mu Ko telich Chief Financial Officer APPROVED AS TO FORM: Amy Sjaq Dep ity Attorney ccdocsBudge[FY202 I.Amend3 Lord June 1. 2021