HomeMy WebLinkAboutOrdinance - 2007-O0059 - Amending The FY 2006-07 Budget For Municipal Purposes. - 06/14/2007First Reading
June 14, 2007
Item No. 6.11
ORDINANCE NO. 2007-o0059
Second Reading
June 26, 2007
Item No. 4.41
AN ORDINANCE AMENDING THE FY 2006-07 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE {1) GENERAL FUND; (2) WASTEWATER FUND;
(3) STORM WATER FUND; (4) SOLID WASTE FUND; (5) CAPITAL
IM:PROVEMENT PROGRAM; (6) NORTH OVERTON PUBLIC IMPROVEMENT
DISTRICT; (7) WATER FUND; (8) NORTH OVERTON TAX INCREMENT
FINANCIING REINVESTMENT ZONE FUND; (9) SOLID WASTE MASTER LEASE
PROGRAM; (10) GENERAL FUND MASTER LEASE PROGRAM; AND (11)
STORM WATER FUND MASTER LEASE PROGRAM.
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 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 #15) for
municipal purposes, as follows:
1. Establish a Capital Improvement Project and appropriate $109,000 for Hodges
Baseball Field improvements funded with $30,000 of Wastewater Fund fund
balance, $63,500 from General Fund fund balance, and $15,500 participation
from Trinity School.
2. Establish a Capital Improvement Project and appropriate $58,981 for Traffic
Signals on Spur 327 at Frankford and Milwaukee funded with $58,981 from
TxDOT participation.
3. Establish a Capital Improvement Project and appropriate $114,000 for Traffic
Signals at 82" Street and Avenue P funded with $114,000 from previously
issued unallocated bond proceeds.
4. Establish a Capital Improvement Project and appropriate $1.1 million for
Airport Industrial Area Sewer System Improvements funded from $860,000 of
FY 2007 Wastewater Certificates of Obligation and $240,000 of revenues from
LED A.
5. Amend Capital Improvement Project 92115, Airport Industrial Area Water
System Improvements, by appropriating an additional $3.2 million of FY 2007
Water Certificates of Obligation.
6. Amend Capital Improvement Project 91040, Sewer Tap Replacements, by
transferring $160,000 from Capital Improvement Project 90346, Lift Station
Rehabilitation.
7. Amend Capital Improvement Projects in the North Overton Tax Increment
Financing Reinvestment Zone by transferring appropriations between projects as
reflected in Exhibit A. The total appropriations for projects in the North Overton
Tax Increment Financing Reinvestment Zone will not change.
8. Appropriate $140,000 of North Overton Public Improvement District fund
balance for increased expenses related to landscaping maintenance.
9. Establish a Capital Improvement Project and appropriate $3.8 million for the
Street Maintenance Program funded with $1.3 million of previously appropriated
General Fund revenues and $2.5 million of unappropriated pre-paid paving
funds.
10. Transfer six full-time positions from the General Fund to the Storm Water Fund
for improved storm sewer maintenance, as part of the new Street Maintenance
Program.
11. Appropriate $175,000 of General Fund Master Lease Program proceeds for the
acquisition of one (1) backhoe at $75,000 and one (1) asphalt zipper at $100,000.
12. Appropriate $1,225,000 of Solid Waste Fund Master Lease Program proceeds
for the acquisition of one (1) roller at $130,000, one (1) motor grader at
$135,000, one (1) heavy construction loader at $150,000, two (2) dump trucks at
$80,000, for a total of $160,000, one {1) rock crusher at $500,000, and one (1)
grad-all at $150,000.
13. Appropriate $808,533 of Storm Water Fund Master Lease Program proceeds for
the acquisition of one (1) Vac-Con truck at $270,000, one (1) roll-off truck at
$166,189, and two (2) street sweepers at $186,172, for a total of$372,344.
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 this 14th day of ___ J;_:un:.._:_e ___ , 2007.
Passed by the City Council on second reading this 26th day of June 2007.
ATTEST:
. Casner
First Assistant City Attorney
mVccdocs/BudgetFY0607.Amend I S.ord
Juoe8, 2007
~?J~4--
DA VIDA~ ll.LER, MAYOR
City of Lubbock, TX
Finance Department
Exbibit A
Budget Ordinance No. IS
North Overton TIF Appropriation Summary
9198 North Overton Phase I (Close)
90300 Tract 2 -The Centre
90301 Dinerstein II-Tract 4
91060 Tract 3
91061 Tract 5
91062 Tract 6
91063 Tract 7
91064 Dinerstein III-Tract 8
91065 Wal-Mart
91066 Tract 10 (Condo IV)
91067 Tract 11 (Condo I)
91068 Tract 12 (Condo II)
91069 Tract 13 (Condo III)
91070 Single Family
91071 Pioneer Park
91074 North Overton TIF Public Facilities
91075 Tract lA-Starbucks
91145 University Ave. Blvd. Improvements
91146 ROW Acquisition -Glenna Goodacre
91147 Marsha Sharp Freeway Frontage
91148 Tract IB
91206 Tract 18-Commercial
92102 River Smith's
92103 ULOFT
92105 Tract 1-B-2
92106 Tract 1-B-3
92107 GGB East
92112 Tract 1-C
92113 Tract 20 -Commercial
Water/Sewer East End Commercial
Tract 19
Tract 27
North Overton TIF Electric Utility
Upgrade/Underground
Appropriation
to Date
920,000
1,977,358
1,582,687
1,917,452
905,532
365,264
1,397,190
1,030,578
2,575,157
329,448
377,948
377,948
451,448
6,014,191
500,000
11,400,000
212,332
427,447
335,281
1,036,536
234,762
297,480
325,216
348,078
35,339,333
FY2006-07 Total
Amendments Appropriation
(10,808) 909,192
(17,994) 1,959,364
(1,280) 1,581,407
1,917,452
905,532
365,264
1,397,190
1,030,578
2,575,157
329,448
(214,583) 163,365
377,948
451,448
6,014,191
500,000
11,400,000
(127,920) 84,412
427,447
335,281
(274,102) 762,434
48,000 282,762
297,480
325,216
348,078
226,102 226,102
135,060 135,060
164,192 164,192
73,333 73,333
35,339,333