HomeMy WebLinkAboutOrdinance - 2019-O0133 - Budget Amendment 27 - 09/24/2019 First Reading Second Reading
September 10, 2019 September 24, 2019
Item No. 6.3 Item No. 6.3
ORDINANCE NO. 2019-00133
AN ORDINANCE AMENDING THE FY 2018-19 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE AIRPORT PFC FUND TO AMEND THE OPERATING BUDGET;
AMEND CAPITAL IMPROVEMENT PROJECT 92361 — TERMINAL BUILDING
REMODEL AND APPROPRIATE 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 fluids; and
WHEREAS, the City Council deems it advisable to change the FY 2018-19 Budget for
municipal purposes and reallocate fields as follows; NOW, THEREFORE,,
BE IT ORDAINED BY THE CITY COUNCIL OF "1'1-IE CITY OF LUBBOCK:
SECTION 1. THAT the City Council of the City of Lubbock hereby approves changes
to the City of Lubbock Budget FY 2018-19 (Budget Amendment #27) for municipal purposes,
as follows:
I. Amend the FY 2018-19 Airport PFC Fund Operating Budget by increasing the transfer
to Airport Capital by $1,108,025 from $0 to $1,108,025.
II. Amend Capital Improvement Project 92361, Terminal Building Remodel, by increasing
the funding and appropriation by $11,034,354, from $34,689,163 to $45,723,517. The
increased funding will be from the following: $5,707,605 Federal Grant, $204,489 FY
2014 Airport Revenue Certificates of Obligation, $10,897 FY 2015 Airport Revenue
Certificates of Obligation, $4,000,499 FY 2019 Airport Revenue Certificates of
Obligation, $2,839 PFC Revenue Certificates of Obligation, and $1,108,025 PFC cash.
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 September 10, 2019
Passed by the City Council on second reading on September_24, 2019
DANIEL M. POPE, MAY R
ATTEST:
Reb cca Garza
City cretary
APPROVED AS TO CONTENT:
1L jt��
D. Blu Kost lick
Chief Financial Officer
APPROVED AS TO FORM:
AThy ' s
De uty City Attorney
ccdocs/Dudgetl=Y 1819.Amend27.ord
August 28,2019