HomeMy WebLinkAboutOrdinance - 2021-O0105 - Budget Amendment #42First Reading
August 24, 2021
Item No. 7.4
ORDINANCE NO. 2021-00105
Second Reading
September 14, 2021
Item No. 7.1
AN ORDINANCE AMENDING THE FY 2020-21 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE GENERAL FUND CAPITAL TO AMEND CAPITAL IMPROVEMENT
PROJECT 8633 COMPREHENSIVE PLAN IMPLEMENTATION; RESPECTING THE
GENERAL FUND OPERATING TO APPROPRIATE ADDITIONAL REVENUE FOR
PAYMENT IN LIEU OF TAXES (PILOT) FROM LP&L FUND AND FOR FRANCHISE
FEES FROM LP&L FUND AND TO APPROPRIATE ADDITIONAL TRANSFER TO
GENERAL FUND CAPITAL AND TRANSFER TO GATEWAY FUND; AND RESPECTING
THE GATEWAY FUND TO APPROPRIATE ADDITIONAL TRANSFER REVENUE FROM
GENERAL 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 #42) for municipal purposes,
as follows:
I. Amend Capital Improvement Project (CIP) 8633, Comprehensive Plan Implementation,
by increasing the appropriation by $40,000, from $625,000 to $665,000.
II. Amend General Fund Operating by increasing PILOT revenue from LP&L fund by
$317,082, from $2,558,288 to $2,875,370 and franchise fee revenue from LP&L Fund
by $1,585,410, from $12,791,422 to $14,376,852.
III. Amend General Fund Operating by increasing Transfer to General Fund Capital, by
increasing the appropriation by $40,000, from $15,489,618 to $15,529,618.
IV. Amend General Fund Operating by increasing Transfer to Gateway, by increasing the
appropriation by $634,164, from $8,035,806 to $8,669,970.
V. Amend Gateway Fund by increasing Transfer from General Fund by $634,164, from
$8,035,806 to $8,669,970.
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
August 24, 2021
Passed by the City Council on second reading on_ September 14, 2021
DANIEL M. POPE, MAYOR
ATTEST:
go'"
Rebe�ca Garza
Cityecretary
APPROVED AS TO CONTENT:
Chief Financial Officer
APPROVED AS TO FORM:
Amy Si
Dep C' y Attorney
ccdocs/BudgetFY2021.Amend42.ord
August 13, 2021