HomeMy WebLinkAboutOrdinance - 2016-O0026 - Budget Amendment 16 - 03/10/2016FirstReading SecondReading
February 25,2016 March 10.2016
Item No.5.4 Item No.5.1
ORDINANCE NO.2016-00026
AN ORDINANCE AMENDING THE FY 2015-16 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE CAPITAL PROGRAM TO AMEND CAPITAL
IMPROVEMENT PROJECT (CIP)92255.BAILEY COUNTY WELLFIELD
SUPPLY LINE/PUMPING SYSTEM;CIP 91038.SEWER LINK REPLACEMENT;
CIP 92390,CELL 5 DEVELOPMENT;CIP 92371.RUNWAY 17R/35L
CONSTRUCTION PHASE III;AND CIP 92191,AIRPORT FACILITY
IMPROVEMENTS;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 2015-16
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 2015-16 (Budget Amendment #16) for
municipal purposes,as follows:
I. Amend Capital Improvement Project 92255. Bailey Count)Wellfield Supply
Line/Pumping System, by changing the FY 2015-16 funding source from
$1,000,000 FY 2010 Water Revenue CO's and $12,000,000 FY 2016 Water
Revenue Certificates of Obligation to $3,132,085 FY 2010 Water Certificates
of Obligation.$400,000 FY 2011 Water Certificates of Obligation,and
$9,467,915 FY 2016 Water Revenue Certificates of Obligation.'&•
II. Amend Capital Improvement Project 91038. Sewer Line Replacement,by
changing the FY 2015-16 funding source from $400,000 FY 2016 Wastewater
Revenue Certificates of Obligation to $195,609 FY 2011 Wastewater
Certificates of Obligation and $204,391 FY 2016 Wastewater Revenue
Certificates of Obligation.
111.Amend Capital Improvement Project 92390.Cell 5 Development,by changing
the FY 2015-16 funding source from $216,819 FY 2011 Solid Waste Revenue
CO's and $4,985,333 FY 2016 10-Year Solid Waste Revenue Certificates o\'
Obligation to $216,819 FY 2011 Solid Waste Revenue CO's.$151 FY 2010
Solid Waste Certificates of Obligation, and $4,985,182 FY 2016 10-Year Solid
Waste Revenue Certificates of Obligation.
IV. Amend Capital Improvement Project 92371, Runway 17R/35L Construction
Phase III, by decreasing the appropriation by $202,958, from $21,007,820 to
$20,804,862 and changing the FY 2015-16 funding source from $669,774 FY
2016 PFC Revenue Certificates of Obligation to $466,816 FY 2011 PFC
Revenue Certificates.
V. Amend Capital Improvement Project 92191, Airport Facility Improvements, by
increasing the appropriation by $105,348, from $3,608,736 to $3,714,084 to be
funded with FY 2012 Airport Revenue Certificates of Obligation.
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 on Fehruary 25, 2016
Passed by the City Council on second reading on March 10, 2016
RMERTSON,••
ATTEST:
Reb cca Garza
Ci Secretary
APPROVED AS TO CONTENT:
f1�
Cheryl Biock
Executive Director of Budget
APPROVED AS TO FORM:
1
Am i s
As ' t City Attorney
ccdocs/BudgetFY I516.Amend I6.ord
February 17. 2016