HomeMy WebLinkAboutOrdinance - 2020-O0041 - Budget Amendment 17 - 03/24/2020 First Reading Second Reading
March 10, 2020 March 24, 2020
Item No. 6.3 Item No. 7.3
ORDINANCE NO. 2020-00041
AN ORDINANCE AMENDING THE FY 2019-20 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE GENERAL FUND OPERATING BUDGET; PROVIDING FOR FILING;
AND PROVIDING FOR A SAVINGS CLAUSE.
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
WHEREAS, the City Council deems it advisable to change the FY 2019-20 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 2019-20 (Budget Amendment 417) for municipal purposes,
as follows:
1. Amend the General Fund Operating Budget by increasing fielding to Equipment
Capital Outlay — Vehicles (100.9220) by $210,320 to supplement funding for the
acquisition of one bus for Citibus.
11. Establish an Interfund Loan from Citbus to reimburse the General Fund. This six
year loan will include interest. The total reimbursement amount is $219,716.51.
SECTION 2. THAT a copy of the changes made to the City of Lubbock Budget
pursuant to this Ordinance shall be tiled 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 March 10, 2020
Passed by the City Council on second reading on March 24, 2020
DANIEL M. POPE, MAWR
ATTEST:
Rebec a Garza
City Secretary
APPROVED AS TO CONTENT:
D. Blu Kostc4ich
Chief Financial Officer
APPROVED AS TO FORM:
Amy Siips
Deputy'Kity Attorney
ccdocs/BudgetH 1920.Anicnd I Tord
February 24,2020