HomeMy WebLinkAboutOrdinance - 2015-O0123 - Budget Amendment 10 - 12/17/2015First Reading
3, 2015
Second Reading
December 17, 2015
Item No. 5.5 Item No. 5.3
ORDINANCE NO. 2015-00123
AN ORDINANCE AMENDING THE FY 2015-16 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE ELECTRIC UTILITY CAPITAL PROGRAM TO
AMEND CAPITAL IMPROVEMENT PROJECT (CIP) 92373, DISPATCH
CONTROL ROOM UPGRADE/REMODEL; CIP 92319, TRANSMISSION LOOP;
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 #10) for
municipal purposes, as follows:
1. Amend Capital Improvement Project 92373, Dispatch Control Room
Upgrade/Remodel, by increasing the appropriation by $1,563,662, from
$500,000 to $2,063,662, and increasing the FY 2014 LP&L Revenue Bonds
by $1,563,662, from $0.00 to $1,563,662. The funding source will be FY
2014 LP&L Revenue Bonds that will be moved from Capital Improvement
Project 92319, Transmission Loop.
II. Amend Capital Improvement Project 92319, Transmission Loop, by
decreasing the appropriation by $1,563,662, from $7,300,000 to $5,736,338,
and decreasing the FY 2014 LP&L Revenue Bonds by $1,563,662, from
$6,300,000 to 4,736,338.
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 December
Passed by the City Council on second reading on December 17, 2015
GLA C. RO RTSON, MAYOR
ATTEST:
Rebe a Garza
City retary
APPROVED. AS TO CONTENT:
Cheryl Brock
Executive Director of Budget
APPROVED AS TO FORM:
ccdoes/audgetFY I516.Amend I O.ord
November 19, 2015