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HomeMy WebLinkAboutOrdinance - 2024-O0017 - Budget Ordinance Amendment 10, General Fund Capital Project Fund - 02/27/2024First Reading February 13, 2024 Item No. 5.1 ORDINANCE NO. 2024-00017 Second Reading February 27, 2024 Item No. 7.1 AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GENERAL FUND CAPITAL PROJECT FUND; PROVIDING OR 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 FY 2023-24 (Budget Amendment #10) for municipal purposes, as follows: I. Amend CIP 8670 — Small Business Grant ARPA budget by appropriating $15,319 ARPA funds to true-up the budget and actual expenses. II. Amend CIP 8671 — Non-Profit Grant ARPA budget by appropriating $85,207.28 ARPA funds to true-up the budget and actual expenses 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 February 13, 2024 Passed by the City Council on second reading on_ ____ February 27, 2024 ATTEST: Courtney Paz ` City Secretary APPROVED AS TO CONTENT: . lu Ko e ich Chief Financial Officer APPROVED AS TO FORM: � /�� .. .��,-� � � - rj � � • - ccdocslllBudget23-24.Amend 1 O.ord January 5, 2024