HomeMy WebLinkAboutOrdinance - 2005-O0066 - Making Changes In The 2004-05 Budget. - 06/09/2005First Reading
Jtme 9. 2005
Item. 39
ORDINANCE NO. 2005-oo066
Second Reading
June 23. 2005
Item. 36
AN ORDINANCE MAKING CHANGES IN THE FY 2004-05 BUDGET OF
THE CITY OF LUBBOCK FOR MUNICIPAL PURPOSES.
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, accounts, departments or programs for City
purposes; and
WHEREAS, the City Council deems it advisable to change the FY 2004-05
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 2004-05 (Budget Amendment #13) for
municipal purposes as set forth, as follows:
1. Amend the budget for the Central Business District Tax Increment Finance
Reinvestment Zone Fund and add the following expense accounts: Office
Supplies -$500, Professional Services -$4,500, and Boards and Commissions
-$500. Administrative expenses for the TJF will be charged to these accounts.
Funding will come from the Central Business District TIF Fund.
2. Amend the budget for the North Overton Tax Increment Finance
Reinvestment Zone Fund and add the following expense accounts: Office
Supplies -$500, Professional Services -$4,500, and Boards and Commissions
-$500. Administrative expenses for the TJF will be charged to these
accounts. Funding will come from the North Overton TIF Fund.
3. The SEWRP Replace System and Facility capital project is reduced by
$100,000, making the amended budget $425,000. Such funding is moved to
4th and Detroit Lift Station Replacement capital project to pay for the
rehabilitation of the interior coating on Lift Station #31. The amended budget
for this project is $300,000.
4. The Groundwater Utilization Study capital project is reduced by $100,000,
making the amended budget $200,000. Such funding is moved to Pump
Station #10 Well Supply capital project. The amended budget for this project
will be $250,000.
5. Add $30,000 to Water Treatment Plant Optimization project in the Water
Capital Projects Fund. Funding will come from the Water Fund revenue.
6. Add $148,400 to the master lease for SCADA system. Funding will come
from the Water Fund revenue.
7. Add $75,000 to Police Department budget in the General Fund for Radios and
Mobile Video Recorders. $30,000 is funded with Radio Shop Fund fund
balance, and $45,000 is being funded from the Information Teclmology Fund
fund balance.
8. Establish a new capital project in Parks Capital Project Fund for
improvements to Wagner Park in Tech Terrace Neighborhood in the amount
of $200,000. The project is funded with $177,000 from General Fund fund
balance, $11,500 from a contribution from the Tech Terrace U.N.I.T.
Neighborhood Association and $11,500 from the Roscoe Wilson Elementary
PTA.
9. Amending Electric Fund Budget. Increase Electric Fund Budget for capital
project by $800,000. Specific information regarding this project is
competitive information protected under 552.133 of the Texas Government
Code.
10. Add $285,000 to Wastewater Resource Master Plan in the Sewer Capital
Projects Fund to evaluate various effluent management opportunities and
detennine the most efficient and effective use of treated eftluent. Funding for
this project will be as follows: $453,357 1999 Tax and Sewer Bonds; $46,543
2003 Certificate of Obligation Bonds and $635,000 2005 Certificate of
Obligation Bonds. The new budget for this project will be $1,135,000.
11. Transfer $15,000 from the Water Fund fund balance to Emergency Water
Repairs Ave U Project in the Water Capital Projects Fund.
12. Designate $250,000 of LP&L cash balance to initiate funding of the
previously created Economic Development Reserve and create a capital
project in that Economic Development Reserve for that same amount.
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 9th
ATTEST:
~]~.,&~ Rebe ca Garza, City Secretary
APPROVED AS TO CONTENT:
w~~
Chief Financial Officer
APPROVED AS TO FORM:
~~
Richard K. Casner ""-
First Assistant City Attorney
ml/ccdocs!BudgetFY0405.Amend 13.ord2
June 24, 2005