HomeMy WebLinkAboutOrdinance - 2010-O0026 - Amending The 2009-10 Budget For Municipal Purposes - 03/25/2010First Reading
March 25, 2010
Item No. 5.3
ORDINANCE NO. 2010-00026
Second Reading
April B. 2010
Item No. 5.1
AN ORDINANCE AMENDING THE FY 2009-10 BUDGET FOR
MUNICIPAL PURPOSES RESPECTING THE OPERA TING BUDGET BY
AMENDING THE COMMUNITY DEVELOPMENT BLOCK GRANT
OPERA TING BUDGET; AMEND THE VINTAGE TOWNSHIP PUBLIC
IMPROVEMENT DISTRICT OPERATING BUDGET AS PRESENTED IN
EXHIBIT A; AMEND THE VINT AGE TOWNSHIP PUBLIC FACILITIES
CORPORATION OPERA TING BUDGET AS PRESENTED IN EXHIBIT B; AND
RESPECTING THE CAPITAL PROGRAM BY ESTABLISHING CAPITAL
IMPROVEMENT PROJECT 92226, VINTAGE PUBLIC IMPROVEMENTS
DISTRICT (PIO) INFRASTRUCTURE IMPROVEMENTS AND APPROPRIATE
FUNDS.
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 2009-10
Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION I. THAT the City Council of the City of Lubbock hereby approves
changes to the City of Lubbock Budget FY 2009-10 (Budget Amendment #13) for
municipal purposes, as follows:
I. Amend the Community Development Block Grant Operating Budget
by allocating $198,176 from FY 2008-09 unspent federal funds.
II. Amend the operating budget in the Vintage Township Public
Improvement District Fund as presented in Exhibit A.
III. Amend the operating budget in the Vintage Township Public
Facilities Corporation Fund as presented in Exhibit B.
IV. Establish Capital Improvement Project 92226, Vintage PIO
Infrastructure Improvements, and appropriate $995,180 for the design
and construction of Phase I and Phase II water, wastewater, and street
public improvements.
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.
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 March 25 , 2010
Passed by the City Council on second reading on April 8, 2010
ATTEST:
D _po -e<~ • ~ ~ Garza, City Secretary ~
APPROVED AS TO CONTENT:
~nancial Officer
Chad Weav . , Assistant City Attorney
vw:ccdocs/BudgetfY0910 Amend] 3.ord.v2
TOM MARTIN, MAYOR
Exhibit A
Special Revenue Fund -Vintage PID
RESOURCE SUMMARY
Funding Sources
U1ili2a1ion of Net Assets
A ppropri a ti on
Tolill FTE
300000.00 •
lS0000.00 1
200000.00
j
] 150000.00
~
100000.00
50000.00
Actual Actual Actual
FY 2005-06 FY 2006-07 FY 2007--08
$ $ $
COMPOSITION OF EXPENDITURES
(Fiscal Year)
Ordinance No. 2010-00026
Amended Budset Chan~
FY 2008-09 FY 2009-10 from Amended
$ 178,474 $ 279,158 56.4%
96,305 -100.0%
274,779 279,158 1.6%
0.00 +---------.--------,---------,-------~
2004--0S
• Compensation
FUNDING SOURCES
Assessments
Interest
Total Revenue Sources
U1iliia1ion of Net Assets
TOTAL FUNDING SOURCES
EXPENDITURES
Compensation
Beneli1$
Supplies
Other Chnrges
Transfer to Vintage PFC
TOTAL EXPENDITURES
200S-06
•Benefits
Actual
FY 2005-06
$
$
s
$
2006-07
Actual
2007-08
• Other Charges
Actual
FY 2006-07 FY 2007-08
2008-09 2009-10
• Transfer to Vintage PFC
Amended Budget %Change
FY 2008-09 FY 2009-10 from Amended
168,818 279,158 65.4
9,656 (100.0)
178,474 279,158 56.4
96,305 (100.0)
274.779 279 158 1.6
24,471 28,850 17.9
250,308 250,308 (0.0)
274.779 279,158 1.6
Exhibit B
Special Revenue Fund -Vintage PFC
RESOURCE SUMMARY
Funding Sources
Utilization of Net Assets
Appropriation
TotalFTE
0.30 •
0.25
0.20
I 1 0.15
!::',
0.10
o.os
Actual Actual Actual
FY 2005-06 FY 2006-07 FY 2007-08
$
COMPOSITION OF EXPENDITIJRES
(Fiscal Year)
0.00 +---------------------
2004-05
• Compensation
FUNDING SOURCES
Transfer from Vintage PID
Interest
Total Revenue Sources
Utilization of Net Ass.els
TOTAL FUNDING SOURCES
EXPENDITURES
Compensation
Benefits
Supplies
Other Charges
Debt Service
TOTAL EXPENDITURES
2005-06 2006-07
•Benefits
Actual Actual
FY 2005-06 FY2006-07
$
$
$
s
2007--08
•S·Jpplies
Acl\lal
FY 2007-08
Ordinance No. 2010-00026
Amended Budget Chan1:e
FY 2008-09 FY 2009-J0 from Amended
250,308 250,308 0.0%
0.0%
250,308 250,308 0.0%
200!S-O'.I 2009-10
• Debt Service
Amended Budget ¾ Change
FY 2008-09 FY 2009-10 from Amended
250,308 250,308 (0.0)
250,308 250,308
250,308 250.308
250,308 250,308
250,308 250.308