HomeMy WebLinkAboutOrdinance - 2006-O0070 - Amending FY 2005-06 Budget (Amendment #17) - 05/25/2006First Reading
May 25 .. 2006
Item Bo. 6.13
ORDINANCE NO. 2006-00070
Second Reading
June 8 .. 2006
Item Bo. 5.11
AN ORDINANCE AMENDING THE FY 2005-06 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE (1) GRANT FUND; (2) SOLID WASTE FUND; (3)
GENERAL FUND; (4) LP&L FUND; (5) NORTH OVERTON TAX INCREMENT
FINANCE REINVESTMENT ZONE; AND (6) NORTH OVERTON PUBLIC
IMPROVEMENT DISTRICT. (AMENDMENT #17)
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 departments; and
WHEREAS, the City Council deems it advisable to change the FY 2005-06
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 2005-06 (Budget Amendment #17) for
municipal purposes, as follows:
1. Accept and appropriate $168,534 of funding from the Department of Justice for
the Edward Byrne Memorial Justice Assistance Grant to provide radio/data
communications infrastructure upgrades, public safety software, and Lubbock
County technology purchases.
2. Accept and appropriate $118,628 of funding from the Public Health Preparedness
Grant to provide pandemic flu preparedness activities in 13 counties, including
Lubbock.
3. Authorize one full-time position in the Solid Waste Fund and adjust the Solid
Waste Fund Budget accordingly. The total annual impact of this position is
estimated at $48,089, with estimated revenues increased accordingly.
4. Authorize one full-time position in the Business Development Department and
adjust the General Fund, North Overton Tax Increment Finance Reinvestment
Zone and North Overton Public Improvement District budgets accordingly. The
new position will be a Business Development Specialist to address the continued
growth of business development in the city, in the tax increment finance
reinvestment zones (TIFs), and in the public improvement districts (PIDs). The
position will be funded 40% from the General Fund, 40% from the North Overton
TIF and 20% from the North Overton PID. The budget will be increased as
follows for salary, benefits and one-time costs, with estimated revenues increased
accordingly:
Salary and benefits
One-time items
Business Dev. North Overton TIF
$16,045 16,045
3,220 0
North Overton PID
8,023
0
5. Appropriate additional realized revenue of $118,554 from increased assessments
in the North Overton Public Improvement District and to authorize increased
expenses related to the addition of a portion of the payroll/benefits of $8,023 for
the Business Development Specialist assigned to the North Overton Public
Improvement District, $57,000 for security, $5,000 for lighting and $48,531 for
landscaping.
6. Appropriate additional realized revenue of $757,268 from increased property tax
revenues in the North Overton Tax Increment Finance Reinvestment Zone and to
authorize increased expenses related to the addition a portion of the
payroll/benefits totaling $16,045 for the Business Development Specialist and
$19,362 for the Senior Financial Analyst. The Senior Financial Analyst is
currently funded 100% from the General Fund. A portion of her time is spent
working on TIF related items, therefore a portion of her salary and benefits are
being shifted to the TIF. The remaining revenues will be used to reduce the
transfer from the Solid Waste Fund from $1,012,449 to $290,588.
7. Amend 7 capital projects in the LP&L Fund budget for a net increase of
$1,855,624. Specific information regarding these projects is competitive
information protected under Chapter 552.133 of the Texas Government Code.
SECTION 2. THAT 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.
AND IT IS SO ORDERED
Passed by the City Council on first reading this 25th day of ___ Ma.....;..,y,._ ___ , 2006.
Passed by the City Council on second reading this 8th day of ___ Jun_e ___ , 2006.
DAVID
ATTEST:
:O&&ed Jc ~--
Rebecta Garza, City Se~~
APPROVED AS TO CONTE
J
AP;;:;;~
Richard K. Casner
First Assistant City Attorney
ml/ccdocs/BudgetFY0506,Amend l 7 ,ord
May 18, 2006