Loading...
HomeMy WebLinkAboutOrdinance - 2025-O0001 - Budget Ordinance Amendment 7, Abandoned Vehicle Fund - 01/28/2025First Reading January 14, 2025 Item No. 5.2 Second Reading January 28, 2025 Item No. 6.1 ORDINANCE NO. 2025-00001 AN ORDINANCE AMENDING THE FY 2024-25 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE ABANDONED VEHICLE 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 2024-25 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, THAT: SECTION 1. The City Council of the City of Lubbock hereby approves changes to the City of Lubbock Budget FY 2024-25 (Budget Amendment #7) for municipal purposes, as follows: Amend the Abandoned Vehicle Fund and appropriate funding in the amount of $901,851 from $1,795,000 to $2,696,851. Funding will be from the Abandoned Vehicle Fund balance. SECTION 2. A copy of the changes made to the City of Lubbock Budget pursuant to this Ordinance shall be filed with the City Secretary and County Clerk of Lubbock as required by law. SECTION 3. 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. Passed by the City Council on first reading on Passed by the City Council on second reading on January 14, 2025 January 28, 2025 "MCBRAYE-R,AYbii, 'ATTEST: Courtney Paz City Secretary APPROVED AS TO CONTENT: 4Z4�0� - Joe Jim z Chief Financial Officer APPROV Mitch S �t'terw 1 '16 First As nt City Attorney ccdocsI l/B udgetF Y24-25.Amend7. ord January 6, 2025