HomeMy WebLinkAboutOrdinance - 2024-O0002 - BO Amendment 7, Bell Farms PID Fund - 01/23/2024First Reading
January 9, 2024
Item No. 6.4
ORDTNANCE NO. 2024-00002
Second Reading
January 23, 2024
Item No. 6.2
AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE BELL FARMS PUBLIC IMPROVEMENT DISTRICT 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 THE CITY OF LUBBOCK:
SECTION 1. THAT the City Council of the City of Lubbock hereby approves changes
to the City of Lubbock Budget I�Y 2023-24 (Budget Amendment #7) for municipal purposes, as
follows:
I. Amend the FY 2023-24 Bell Farms Public Improvement District (PID) Budget by
increasing the appropriation for Park Maintenance by $75,000, from $185,000 to
$260,000. Funding will come from the Bell Farms PID fund balance.
SEC�1'ION 3. `I'I I/\�1 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 ,ianuary 23, 2024__
'TEST:
L urtney Paz
City Secretary
APPROVED AS TO CONTENT:
D. B u Kost ich
Chief Financial Officer
APPROVED AS TO FORM:
A�rny .. S
De City Attorney
ccdocs111BudgetPY23-24.Amend7.ord
December 13, 2023