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HomeMy WebLinkAboutResolution - 2022-O0104 - Budget Amendment #31 - 07/26/2022First Reading July 12, 2022 Item No. 5.1 Second Reading July 26, 2022 Item No. 5.1 ORDINANCE NO. 2022-00104 AN ORDINANCE AMENDING THE FY 2021-22 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE AIRPORT CAPITAL FUND; 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 2021-22 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 2021-22 (Budget Amendment #31) for municipal purposes, as follows: I. Establish Capital Improvement Project 92770, Terminal Building Electrical Upgrades, and appropriate funding in the amount of $5,000,000. The funding will be from Bipartisan Infrastructure Law funds in the amount of $4,750,000, Airport cash from Capital Improvement Project 8616, Terminal Apron Maintenance, in the amount of $156,138, and Capital Improvement Project 92614, Acquire Snow Removal Equipment, in the amount of $84,620 and Airport fund balance in the amount of $9,242. II. Amend Capital Improvement Project 8616, Terminal Apron Maintenance, by decreasing funding by $156,138, from $4,315,083 to $4,158,945. III. Amend Capital Improvement Project 92614, Acquire Snow Removal Equipment, by decreasing funding in the amount of $84,620, from $846,202 to $761,582. IV. Amend Capital Improvement Project 92614, Acquire Snow Removal Equipment, by appropriating funding in the amount of $57,300, from $761,582 to $818,882. The additional funding will be from the Coronavirus Aid Relief and Economic Securities Act. V. Amend Capital Improvement Project 8648, Airfield Pavement Maintenance, by appropriating funding in the amount of $291,684, from $809,690 to $1,101,374. The additional funding will be from the Coronavirus Aid Relief and Economic Securities Act. 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. Passed by the City Council on first reading on July 12, 2022 Passed by the City Council on second reading on July 26,_2022 kr � ��= TRAY PAYN ,' AYOR ATTEST: Reb GarzaCitytca ecretary APPROVED AS TO CONTENT: D. lu Ko telich Chief Financial Officer APPROVED AS TO FORM: Amy Si Depu y Attorney