HomeMy WebLinkAboutOrdinance - 2006-O0120 - Amend FY 2006-07 Budget: General, Grant, Hotel, Lake Alan Henry, Cemetery Funds - 11/09/2006First Reading
November 9~ 2006
Itea No. 6.9
ORDINANCE NO. 2006-Q0120
Second Reading
November 21~ 2006
Item No. 6.4
AN ORDINANCE AMENDING THE FY 2006-07 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE (1) GENERAL FUND; (2) GRANT FUND; (3)
HOTEUM:OTEL FUND; (4) LAKE ALAN HENRY FUND; (5) CEMETERY FUND
AND (6) CAPITAL IMPROVEMENT PROGRAM;
WHEREAS) Section 102.010 of the Local Govenunent 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 ftmds and departments; and
WHEREAS, the City Council deems it advisable to change the FY 2006-07
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 2006·07 (Budget Amendment #2) for
municipal purposes, as follows:
l. Accept and appropriate a $127,637 South Plains Association of Govenunents
pass-through grant from the Texas Department on Aging and Disability Services
and appropriate $65,000 of anticipated program revenues, for a total grant
program budget of $192,637 to provide hot meals, transportation, recreational)
and social activities for Lubbock senior citizens, with estimated revenues
increased accordingly.
2. Appropriate $103,325 of Lake Alan Heruy (LAH) Fund Balance to the LAH fund
for capital and training costs associated with the LAH Dive Team.
3. Establish a new Capital Improvement Project entitled 11Seal Coat Program" and
transfer $770)000 from Capital Improvement Project #8522, Brick Street
Reconstruction to the new project.
4. Amend Capital Improvement Project #91074 within the North Overton TIF
entitled ''North Overton TIF Public Facilities" by appropriating $4,100,000 of
certificate of obligation bonds bringing the total project appropriation to $8.4
million for the conference center and related public improvements located
adjacent to the new hotel planned for construction in 2007-2008.
5. Amend Capital Improvement Project #91048 entitled "City Hall HV AC
Renovations" by appropriating $120,000 of General Fund Balance making the
total project appropriation $1,254,673.
6. Create the Cemetery Fund and to appropriate expenditures, estimate revenues.
and authorize positions as outlined in attaclunent "A", attached hereto and made
a part hereof, to the cemetery fund. To authorize a $259,187 transfer from
General Fund to the Cemetery Fund and to reduce General Fund revenues and
expenses accordingly. Authorize other necessary accowtting entries in the
General Fwtd to transfer related assets and liabilities to the Cemetery Fund.
7. Create Capital Improvement Project #92003 entitled "Project Site Archeology''
by appropriating $50,000 ($30,000 of 2001 General Obligation Bonds and
$20,000 of 2003 General Obligation Bonds) for archeological services at Fiesta
Plaza and Mackenzie Amphitheater.
8. Appropriate $175,000 of Hote1/Motel Tax Fwtd Balance to Civic Lubbock, Inc.
for the administration of the 2007 Lubbock Music Festival.
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 Cowtty Clerk of
Lubbock as required by law.
AND IT IS SO ORDERED
Passed by the City Council on first reading this 9th day of _ __::N:.::o..:..:vem=h:.::e:.:..r_~, 2006.
Passed by the City Council on second reading this 21st day of Nove1Dber '2006.
ATTEST:
APPROVED AS TO FORM:
Richard K. Casner
First Assistant City Attorney
aslc<:do<:SIBudgetFY0607.Amend2.ord
November 3, 2006
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