HomeMy WebLinkAboutOrdinance - 2024-O0042 - Budget Ordinance Amendment 20, Water Capital Project Fund - 04/09/2024First Reading
March 26, 2024
Item No. 5.7
ORDINANCE NO. �n�Q_nnn4�
Second Reading
Apri19, 2024
Item No. 6.6
AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE WATER CAPITAL PROJECT 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 FY 2023-24 (Budget Amendment #20) for municipal purposes,
as follows:
Establish Capital Improvement Project 92857, Loop 88 Segment 3D Water Line
Relocate, and appropriate $1,953,403. The Texas Department of Transportation (TxDot)
will reimburse the City in the amount of $1,905,154. Funding in the amount of $48,249
will be from the Water Capital Project Fund.
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 ��;� 2{„��
Passed by the City Council on second reading on n�„�; � g� �{��r�
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ATT i ST:
Courtney Paz
City Secretary
APPROVED AS TO CONTENT:
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Chief Financial Officer
APPROVED AS TO FORM:
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Am 'S i
D y City Attorney
ccdocsl IlBudgetFY23-24.Amend20.ord
March 8, 2024