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HomeMy WebLinkAboutOrdinance - 2014-O0061 - Budget Amendment 21 - 05/08/2014First Reading Second Reading April 24, 2014 May 8, 2014 Item No. 5.2 Item No. 5.2 ORDINANCE NO. 2014-0061 AN ORDINANCE AMENDING THE FY 2013-14 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GENERAL FUND TO INCREASE THE TRANSFER TO THE CAPITAL PROJECT FUND; PROVIDING FOR FILING; AND PROVIDING FOR A SAVINGS CLAUSE. WHEREAS, Section 102.010 of the Local Government Code of the State of as authorizes the City Council to make changes in the budget for municipal )oses;and WHEREAS, in accordance with the City Budget Ordinance the City Council I approve all transfers between funds and departments; and WHEREAS, the City Council deems it advisable to change the FY 2013-14 [get for municipal purposes and reallocate funds as follows; NOW, THEREFORE, IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the City Council of the City of Lubbock hereby approves ages to the City of Lubbock Budget FY 2013.14 (Budget Amendment #21) for ticipal purposes, as follows: I. Amend the General Fund FY 2013-14 Budget by increasing the transfer to the Capital Project Fund by $250,000, from $5,105,807 to $5,355,807. The increased transfer will be from General Fund fund balance. SECTION 2. THAT a copy of the changes made to the City of Lubbock R pursuant to this Ordinance shall be filed with the City Secretary and County of Lubbock as required by law. SECTION 3. THAT should any section, paragraph, sentence, clause, phrase word of this Ordinance be declared unconstitutional or invalid for any reason, the nainder of this Ordinance shall not be affected thereby. AND 1T 1S SO ORDERED by the City Council on first reading on Apri124, 2014 by the City Council on second reading on Maya, 2014 i A' • 36 •MAYOR ATTEST Rebej;ca Gatza v City ecretary APPROVED AS TO CONTENT: Cheryl Br ck Executive Director of Budget APPROVED AS TO FORM: my ' s Assita City Attorney f y+ r •� v , t f s