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HomeMy WebLinkAboutOrdinance - 2006-O0077 - Amending FY 2005-06; Gen. Fund, Grand Fund, Airport Fund, Wastewater Fund, Etc. - 06/26/2006First Reading June 26, 2006 Item No. 6.12 ORDINANCE NO. 2006-00077 Second Reading July 10. 2006 Item No. 5.3 AN ORDINANCE AMENDING THE FY 2005·06 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE (1) GENERAL FUND; (2) GRANT FUND; (3) AIRPORT FUND; (4) WATER FUND; (5) WASTEWATER FUND; (6) SOLID WASTE FUND, (7) CAPITAL IMPROVEMENT PROGRAM; (8) MARKET LUBBOCK, INC.; (9) LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE; (10) LUBBOCK CONVENTION & VISITORS BUREAU; AND (11) LUBBOCK SPORTS AUTHORITY. (AMENDMENT#l9) 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 #19) for municipal purposes, as follows: 1. Accept and appropriate $463 of funding from the Texas State Library and Archives Commission. The new amended total grant award amount is $78,068 to fund the Interlibrary Loan Center. The original $77,605 grant award amount was appropriated by the City Council on October 13, 2005. 2. Accept and appropriate $33,750 of funding from the Texas State Library and Archives Commission for the Gates Foundation Public Access Computer Hardware Upgrade Grant Program. 3. Transfer $2,500 from Capital Improvement Project 9163 -New Terminal Public Seating to Capital Improvement Project 8477 -Industrial Building Repair. Transfer $19,000 from Airport Operating Budget, Administration and Field Maintenance Cost Centers, to Project 8477 Industrial Building Repair. 4. Establish a new Capital Improvement project for TxDOT Traffic Signals and to appropriate $40,261 to the new project. Through a cooperative agreement with TxDOT, the cost of this project will be reimbursed. 5. Amend the approved FY 2005-06 Master Lease Program by adding a walk-in freezer and two 7.5-ton HVAC units for the Lubbock Animal Shelter. 6. Appropriate $105,000 from the Solid Waste fund balance for two certified deputies or correctional officers, fuel for two vehicles and supplies. 7. Appropriate $23,860 from the General Fund fund balance for the purchase and installation of a video playback system for the Public Information Office. 8. Transfer $300,000 from Capital hnprovement Program (CIP) project #9567 - Pwnp Station Rehabilitation to CIP project #91049 -Water Meter Replacements. 9. Transfer $64,000 from Capital hnprovement Program (ClP) project #9567 - Pump Station Rehabilitation to CIP project #91034 -Water Line Replacement. 10. Transfer $50,000 from Capital Improvement Program (CIP) project #9567 - Pump Station Rehabilitation to CIP project #8514 -Water Treatment Plant Evaluation. 11. Transfer $40,000 from Capital hnprovement Program (CIP) project #9567 - Pump Station Rehabilitation to CIP project #8515 -Pump System Evaluation. 12. Transfer $50,000 from Capital hnprovement Program (ClP) project #9567 - Pump Station Rehabilitation to CIP project #90352 -South Lubbock Well Field. 13. Transfer $464,895 from Capital hnprovement Program (CIP) project #9567 - Pwnp Station Rehabilitation and $35,105 from CIP project #91035 -Water Lines Ahead of Street Paving to CIP project #90273 -Major Water Line Replacement (34th Street). 14. Transfer $227,895 from Capital Improvement Program (CIP) project #91035 -Water Lines Ahead of Street Paving and $272,105 from increased metered revenues in the Water Fund to CIP project #90274 -Downtown Water System Improvements. 15. Amend Capital Improvement Program (CIP) projects in the Wastewater FWld by appropriating an additional $250,000 from Wastewater fund balance. The increase is for CIP project #8509 -Sewer Collection System Master Plan. 16. Appropriate additional estimated revenue of $800,000 from increased metered revenues and appropriate $665,000 of Water fund balance for increased electric expenses, billing system modifications, and expanded public relations expenses. 17. Appropriate additional realized revenue of $200,000 from increased metered revenues in the Wastewater Fund and to authorize increased expenses related to higher costs of electricity. 18. Appropriate $81,800 of General Fund Balance to the Grant Fund to fund previously expended ineligible costs. The ineligible costs were identified through the grant review process as part of the newly implemented "Grants Management Policy." 19. Review Market Lubbock Inc.'s budget and recommend a change thereto of $63,000 and increase revenues accordingly. The amended budget from Market Lubbock, Inc. is provided and details the increases in expenditures. The increase in revenues is related to an increase in interest earnings from investments. 20. Review Lubbock Economic Development Alliance Inc.'s (LEDA) budget and recommend a change thereto of $796,576 and increase revenues accordingly. The amended budget from LEDA incorporates revised sales tax revenues that correspond to the sales tax revenues as approved in the City's FY 2005-06 Adopted Budget. The amendment also includes funding received from Market Lubbock Inc. in the amount of $600,000. The amended budget from LEDA is provided and details the increases in expenditures. 21. Review Lubbock Convention & Visitors Bureau's budget and recommend a change thereto of $434,439 and increase revenue accordingly. The amended budget from Visit Lubbock incorporates revised hotel/motel tax revenues that correspond to the hotel/motel tax revenues as approved in the City's FY 2005- 06 Adopted Budget. The amended budget from Visit Lubbock is provided and details the increases in expenditures. 22. Review Lubbock Sports Authority's budget and recommend a change thereto of $2,950 and increase revenues accordingly. The amended budget from Lubbock Sports Authority is provided and details the increases in expenditures. The increase in revenues is related to an increase in interest earnings from investments. 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 26th day of __ ~J~un~e ___ , 2006. Passed by the City Council on second reading this 10th day of July , 2006. ATTEST: APPROVED AS TO CONTENT: Richard K. Casner First Assistant City Attorney ml/ccdocs/BudgetFY0506.Amend 19 .ord June 30, 2006 .......... --/::>if!Jy~----- DA VID XMILLER.,MA YOR