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HomeMy WebLinkAboutOrdinance - 2024-O0069 - BO Amendment 23, Gen. Facilities System Improvements Capital Project Fund - 06/11/2024First Reading May 14, 2024 Item No. 6.3 Second Reading June 11, 2024 Item No. 5.1 ORDINANCE NO. 2024-00069 AN ORDINANCE AMENDTNG THE �Y 2023-24 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GENERAL FACILITIES SYSTEM IMPROVEMENTS CAPITAL PROJECTS 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 #23) for municipal purposes, as follows: I. Increase the appropriation and funding by $136,312, from $2,500,000 to $2,636,312, for Capital Improvement Project 92757 Housing — ARPA. Funding will be interest earnings on ARPA. II. Increase the appropriation and funding by $200,000, from $3,000,000 to $3,200,000, for Capital Improvement Project 92762 Homelessness - ARPA for the Public Health Fellowship. Funding will be interest earnings on ARPA. 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 May 14, 2024 Passed by the City Council on second reading on June 11, 2024 TRA�� E, MAYOR � ATTEST: Courtney Paz T City Cecretary APPROVED AS TO CONTENT: � � , D. B Kostelich Chief Financial Officer APPROVED AS TO FORM: . � � my S. Dep ity Attorney ccdocsl llBudgctFY23-24. Amend23. ord May 2, 2024