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HomeMy WebLinkAboutOrdinance - 2014-O0126 - Budget Amendment 39 - 09/25/2014First Reading September 11, 2014 Item No. 5.2 ORDINANCE NO. 2014-00126 Second Reading September 25, 2014 Item No. 6.1 AN ORDINANCE AMENDING THE FY 2013-14 BUDGET FOR MUNICIPAL '.PURPOSES RESPECTING THE AIRPORT FUND AND THE GENERAL FUND TO AMEND BUDGET AMENDMENT 36 AS APPROVED IN ORDINANCE 2014-00104; 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 II approve all transfers between funds and departments; and WHEREAS, the City Council deems it advisable to change the FY 2013-14 iget 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 nges to the City of Lubbock Budget FY 2013-14 (Budget Amendment #39) for aicipal purposes, as follows: I. Amend Budget Amendment 36 as approved in Ordinance 2014-00104 to decrease Airport Fund expenditures and General Fund revenues by an additional $4,249 for the Indirect Cost allocation transfer from the Airport Fund to the General Fund to bring the total transfer amount to $162,796. 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 by the City Council on first reading on September 11, 2014 by the City Council on second reading on September 25, 2014 EN C. ROBERTSON, MAYOR ATTEST: cbca Garza City ecretary APPROVED AS TO CONTENT Cheryl Bro6k Executive Director of Budget APPROVED AS TO FORM: Assistan City Attorney