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HomeMy WebLinkAboutOrdinance - 2015-O0033 - Budget Amendment 16 - 04/23/2015First Reading April 9, 2015 Second Reading April 23, 2015 Item No. 5.2 Item No. 5.1 ORDINANCE NO. 2015-00011 AN ORDINANCE AMENDING THE FY 2014-15 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE SOLID WASTE FUND BY DECREASING THE TRANSFER PAYMENT IN LIEU OF PROPERTY TAX (PILOT); RESPECTING THE STORM WATER FUND BY DECREASING THE TRANSFER PILOT; RESPECTING THE WASTEWATER FUND BY DECREASING THE TRANSFER PILOT; RESPECTING THE WATER FUND BY DECREASING THE TRANSFER PILOT; RESPECTING THE GENERAL FUND BY DECREASING THE TRANSFERS; 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 2014-15 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 2014-15 (Budget Amendment #16) for municipal purposes, as follows: I. Amend the Solid Waste Fund FY 2014-15 Operating Budget by decreasing the Transfer Payment in Lieu of Property Tax by $5,522, from $410,133 to $404,611, and amend the FY 2014-15 General Fund Operating Budget by decreasing the Transfer from the Solid Waste Fund by $5,522, from $2,663,891 to $2,658,369. II. Amend the Storm Water Fund FY 2014-15 Operating Budget by decreasing the Transfer Payment in Lieu of Property Tax by $11,273, from $837,222 to $825,949, and amend the FY 2014-15 General Fund Operating Budget by decreasing the Transfer from the Storm Water Fund by $11,273, from $2,796,432 to $2,785,159. III. Amend the Wastewater Fund FY 2014-15 Operating Budget by decreasing the Transfer Payment in Lieu of Property Tax by $22,457, from $1,667,779 to $1,645,322, and amend the FY 2014-15 General Fund Operating Budget by decreasing the Transfer from the Wastewater Fund by $22,457, from $4,290,297 to $4,267,840. IV. Amend the Water Fund FY 2014-15 Operating Budget by decreasing the Transfer Payment in Lieu of Property Tax by $48,971, from $3,637,021 to $3,588,050, and amend the FY 2014-15 General Fund Operating Budget by decreasing the Transfer from the Water Fund by $48,971, from $10,022,947 to $9,973,976. 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 April 9, 2015 Passed by the City Council on second reading on April 21, 2015 GLWe. RO ERTSON, MAYOR ATTEST: Rebe ca Garza - CitySecretary- APPROVED cretary APPROVED AS TO CONTENT: PS Cheryl 11rock Executive Director of Budget APPROVED AS TO FORM: Amy DeputySims Attorney cedocs/B udgclFY 1415.Amend 16.ord March 23, 2015