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HomeMy WebLinkAboutOrdinance - 2017-O0029 - Budget Amendment 18 - 03/23/2017First Reading March 9,2017 Item No.6.3 ORDINANCE NO.7,017-00079 Second Reading March 23,2017 Item No.6.1 AN ORDINANCE AMENDING THE FY 2016-17 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE VEHICLE DEBT FINANCING PROGRAM,THE CAPITAL IMPROVEMENT PROGAM AND THE GENERAL FUND;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 departments;and WHEREAS, the City Council deems it advisable to change the FY 2016-17 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 Cityof Lubbock Budget FY 2016-17 (Budget Amendment #18)for municipal purposes, as follows: I. Amend the FY 2016-17 Vehicle Debt Financing Program by decreasing the amended financing amount by $270,305,from $7,969,072 to $7,698,767. II. Establish Capital Improvement Project 92504, Police Vehicles and Equipment, and appropriate funding in the amount of $270,305 for the replacement of five full-size sport utility vehicles for Police Patrol and the make ready equipment for each vehicle thatwere originally included ontheFY 2016-17 Vehicle Debt Financing Program.The funding source is General Fund fund balance. III. Amend the FY 2016-17 General Fund Operating Budget by increasing the transfer to CIP by $270,305,from $3,404,608 to $3,674,913. SECTION 2. THAT a copy of the changes made to the City of Lubbock Budget pursuantto this Ordinanceshall be filed withthe City Secretaryand CountyClerk 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 9, 2017 Passed by the City Council on second reading on March 9,3, ?o17 Lf � DANIEL M. POP , MAYOR ATTEST: Re cca Garza City ecretary APPROVED AS TO CONTENT: UME T �- Cheryl Brock Executive Director of Budget APPROVED AS TO FORM: � l A Assist City Attorney ccdocsBudgetFY 1617.Amend 18. ord March 3, 2017