HomeMy WebLinkAboutOrdinance - 2003-O0122 - Making Changes FY Budget 2003-04 Budget: $15,000 And $175,000; Motel Tax - 11/06/2003First Reading
November 6, 2003
Item No. 38
ORDINANCE NO. 2003-00122
Second Reading
November 17 ,.2003
Item No. 21
AN ORDINANCE MAKING CHANGES IN THE FY 2003-04 BUDGET OF THE
CITY OF LUBBOCK FOR MUNICIPAL PURPOSES.
WHEREAS, Section 102.010 of the Local Government Code of the State of
Texas authorizes City Councils to make changes in 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 2003-04
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
the following changes to the City of Lubbock FY 2003-04 Budget for municipal
purposes:
Transferring of funds in the amount of $175,000 from Hotel Motel Tax
Reserve fund balance to be designated as funding to assist with the 2004
Buddy Holly Festival; and
Transferring of funds in the amount of $15,000 from Hotel Motel Tax
Reserve fund balance to be designated as funding to the Lubbock Sports
Authority.
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 6th day of November , 2003.
L, MAYOR
ATTEST:
APPROVED AS TO CONTENT:
Melissa Trevino, Budget Manager
I APPROVED AS TO FORM:
~(le____
Richard K. Casner
First Assistant City Attorney
ke/ccdocs/BudAmend.FY0304.ord
November 10, 2003
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