HomeMy WebLinkAboutOrdinance - 2024-O0004 - BO Amendment 9, North & East Lubbock Neighborhood & Infrastructure Fund - 01/23/2024First Reading
January 9, 2024
Item No. 6.5
ORDINANCE NO. 2024-00004
Second Reading
January 23, 2024
Item No. 6.3
AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE NORTH & EAST LUBBOCK NEIGHBORHOOD &
INFRASTRUCTURE 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 2023-24 Budget for
municipal purposes and reallocate funds as follows; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF '1'HE CITY OF LUBBOCK:
SECTION 1. THAT the City Council of the City of Lubbock hereby approves changes
to the City of Lubbock Budget FY 2023-24 (Budget Amendment #9) for municipal purposes, as
follows:
I. Amend the North & East Lubbock Neighborhood & Infrastructure Fund by increasing
the appropriation $940,000, from $331,200 to $1,271,200. Funding will be from
Excess Reserves.
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 _JanuarY 9, 2024
Passed by the City Council on second reading on January 23, 2024 _
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ATTEST:
Courtney Paz
City Secretary
APPROVED AS TO CONTENT:
D. u Koste 'ch
Chief Financial Officer
APPROVED AS TO FORM:
Amy �i
D y City Attorney
ccdocs l llB udgetF Y23-24. Amend9. ord
December 19, 2023