HomeMy WebLinkAboutOrdinance - 2010-O0069 - Amendment 20 Amending The FY 2009-10 Budget - 08/26/2010First Reading
August 26, 2010
Item No. 5.3
ORDINANCE NO. 2010-00069
Second Reading
September 16, 2010
Item No. 5.2
AN ORDINANCE AMENDMENT 20 AMENDING THE FY 2009-10
BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE OPERATING
BUDGET AND CAPITAL PROGRAM IN THE LUBBOCK POWER AND LIGHT
(LP&L) FUND AS RECOMMENDED BY THE ELECTRIC UTILITY BOARD ON
AUGUST 12, 2010, AND AS APPROVED BY THE CITY COUNCIL IN A
MEETING CONDUCTED PURSUANT TO SECTION 551.086 OF THE TEXAS
GOVERNMENT CODE.
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 1. THAT the City Council of the City of Lubbock hereby approves
changes to the FY 2009-10 Adopted Budget (Budget Amendment #20) for municipal
purposes, as follows:
I. Amend the operating budget in the LP&L Fund by increasing the
operating fund expenses by $7,495,000 as recommended by the
Electric Utility Board on August 12, 2010, and as approved by the
City Council in a meeting conducted pursuant to Section 551.086 of
the Texas Government Code.
IL Amend the operating budget in the LP&L Fund by increasing the
operating fund revenues by $3,687,925 as recommended by the
Electric Utility Board on August 12, 2010, and as approved by the
City Council in a meeting conducted pursuant to Section 551.086 of
the Texas Government Code.
III. Amend the capital program in the LP&L Fund by transferring
$180,000 from the operating fund to the LP&L capital program for
Capital Improvement Project 8553, Cooke II Turbine Overhaul, as
recommended by the Electric Utility Board on August 12, 2010, and
as approved by the City Council in a meeting conducted pursuant to
Section 551.086 of the Texas Government Code.
First Reading
August 26, 2010
Item No. 5.3
Second Reading
September 16, 2010
Item No. 5.2
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 ____ A_u~g_u_s_t _2_6_,_2_0_1_0 ___ _
Passed by the City Council on second reading on ___ S_e_p_te_m_b_e_r_l_6~, _2_0_1_0 __ _
ATTEST:
APPROVED AS TO CONTENT:
~
Gary Zheng, Director of Electric Utilities
APPROVED AS TO FORM:
ccdocs/BudgetFY09 l O Amend20.ord
August 19. 2010
TOM MARTIN, MAYOR