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HomeMy WebLinkAboutOrdinance - 2014-O0104 - Amendment 36 - 07/24/2014First Reading July 10, 2014 Item No. 6.3 ORDINANCE NO. 2014-00104 Second Reading July 24, 2014 Item No. 6.3 AN ORDINANCE AMENDING THE FY 2013-14 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE AIRPORT FUND TO DECREASE EXPENDITURES AND THE GENERAL FUND TO DECREASE REVENUES; APPROPRIATE ADDITIONAL FUNDING; 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 departments; and WHEREAS, the City Council deems it advisable to change the FY 2013-14 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 2013-14 (Budget Amendment #36) for municipal purposes, as follows: I. Amend the FY 2013-14 Airport Fund expenditures by decreasing the transfer from the Airport Fund to the General Fund for the Indirect Cost allocation by $49,634, from $212,430 to $162,796. II. Amend the FY 2013-14 General Fund revenues by decreasing the transfer from the Airport Fund to the General Fund for the Indirect Cost allocation by $49,634, from $212,430 to $162,796. 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 July 10, 2014 Passed by the City Council on second reading on July 24, 2014 ATTEST: 0-00."Q,� :::;� Rebec a Garza City Seleretary APPROVED AS TO CONTENT: Cheryl Brock Executive Director of Budget APPROVED AS TO FORM: Am Assist t ' y Attorney ccdocs, BudgetFY 1314. Amend36. ord June 26, 2014 MAYOR