HomeMy WebLinkAboutOrdinance - 2024-O0101 - Budget Ordinance Amendment 41, Airport Capital Project & Operating Fund - 07/23/2024First Reading Second Reading
July 9, 2024 July 23, 2024
Item No. 6.7 Item No. 6.2
ORDINANCE NO. 2024-00101
AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE AIRPORT CAPI" AL PROJECT FUND AND
AIRPORT OPERTING FUND; PROVIDING FOR FlI _ y (; : PROVIDING FOR
A SAVINGS CLAUSE
WHEREAS, Section 102.010 of the Local Ge-. =r_ment 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, tl.c t its deems it advisable to change the FY 2023-24
Budget for municipal purpose,, 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 D_ibbock hereby approves
changes to the City of Lubbock Budget FY 2023-24 (Budget Amendment 441) for
municipal purposes, as follows:
Amend Capital Improvement Project 92839, Terminal Building Mechanical Systems
Improvements, by increasing the appropriation by $6,279,746 from $497,267 to $6,777,013.
Funding changes included are from the BIL ATP Grant fur ti, moving $460,000 from
Capital Iml, or:,mcnt Project 92361, Terminal Building Rc;n:ui.:l; and $525,000 will be from
Airport Exc; ss Reserves.
II. Amend Capital Improvement Project 92361, Terminal Building Remodel by decreasing the
appropriation by $460,000, from $43,775,719 to $43,315,719. Decrease is Airport Cash.
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 July 9, 2024
Passed by the City Council on second reading on July 23. 2024
ARK W. MWBRAYE , MAYOR
ATTEST:
— M-� J —
Courtney Paz
City Secretary
APPROVED AS TO CONTENT:
Cheryl Brock
Interim Chief Financial Officer
APPROVED AS TO FORM:
y
De y City Attorney
ccdocsI1/9udgctFY23-24,Amcnd4 Lord
June 19, 2024