HomeMy WebLinkAboutOrdinance - 2015-O0007 - Budget Amendment 10 - 02/12/2015First Reading Second Reading
January 22, 2015 February 12, 2015
Item No. 5.3 Item No. 5.1
ORDINANCE NO. 2015-00007
AN ORDINANCE AMENDING THE FY 2014-15 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE AIRPORT 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 departments; and
WHEREAS, the City Council deems it advisable to change the FY 2014-15
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 2014-15 (Budget Amendment #10) for
municipal purposes, as follows:
I. Establish Capital Improvement Project 92360, Airport Shelter Park
Acquisition, and appropriate funding in the amount of $1,030,000, to purchase
the Airport Shelter Park property, revenue control equipment, and two
replacement shuttle buses.
II. Amend the Airport FY 2014-15 Operating Budget by increasing the transfer
to the Airport Capital Project Fund by $1,030,000, from $565,000 to
$1,595,000. The increased transfer will be from Airport Fund 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.
AND IT IS SO ORDERED
Passed by the City Council on first reading this .lanuary 22, 2015
Passed by the City Council on second reading this February 12, 2015
TSON, MAYOR
ATTEST:
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Rebe ca Garza
City cretary
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Cheryl Brock
Executive Director of Budget
iVED AS TO FORM:
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