HomeMy WebLinkAboutOrdinance - 2024-O0019 - Budget Ordinance Amendment 12, Gateway Streets Capital Project Fund - 02/27/2024First Reading
February 13, 2024
Item No. 7.3
ORDINANCE NO. 2024-00019
Second Reading
February 27, 2024
Item No. 7.3
AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE GATEWAY STREETS 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 # 12) for municipal purposes,
as follows:
I. Amend Capital Improvement Project 92670, 114'h Street: Quaker to Indiana Design, by
increasing the appropriation and funding by $9,000. The funding will be from Gateway
Operating Fund.
II. Increase the transfer from Gateway Streets Fund to Gateway Streets Capital Project Fund by
$9,000, from $500,000 to $509,000.
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 I'1' IS SO ORU�RL-:D
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:
D. Blu Ko elich
Chief Financial Officer
APPROVED AS TO FORM:
•
�, S _
De y City Attorney
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January 31. 2024