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HomeMy WebLinkAboutOrdinance - 2018-O0062 Budget Amendment 16 - Amending The FY 2017-18 Budget - 05/24/2018irst Reading vlay 24, 2018 :tem No. 5.4 ORDINANCE NO.2018-00062 Second Reading June 14, 2018 Item No. 6.2 AN ORDINANCE AMENDING THE FY 2017-18 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GRANT FUND TO ACCEPT AND APPROPRIATE FUNDING FROM THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (TDHCA) FOR THE COMPREHENSIVE ENERGY ASSISTANCE PROGRAM (CEAP) GRANT; AND RESPECTING THE COMMUNITY DEVELOPMENT FUND TO APPROPRIATE PRIOR - YEAR PROGRAM INCOME; 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 2017-18 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 2017-18 (Budget Amendment #16) for municipal purposes, as follows: I. Accept and appropriate an additional $6,430 from the TDHCA for the 2017 CEAP Grant, for a total grant appropriation of $1,119,079. II. Appropriate $850,000 in prior -year Community Development program income. 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 24, 2018 Passed by the City Council on second reading on June 14, 2018 DANIEL M. POPE, MAYOR ATTEST: Rebe L�caGarza City etary APPROVED AS TO CONTENT: rlw D. Wu Kosteli Chief Fin c' l Officer AS TO FORM: Si Assistant Z,ty Attorney ccdocs/BudgetFY I718.Amend I6rev.ord May 18, 2018