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<br />~-fevYl pvtll-eu/
<br />REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />
<br />Agenda Date Requested: AU2ust 28, 2006
<br />
<br />Appropriation
<br />
<br />Requested By: Cynthia Pearson
<br />
<br />Source of Funds: N/A
<br />
<br />Account Number: N/A
<br />
<br />Department: Finance
<br />
<br />Report:
<br />
<br />Resolution:
<br />
<br />Ordinance:
<br />
<br />xx
<br />
<br />Amount Budgeted: N/A
<br />
<br />Exhibits:
<br />
<br />Budgeted Item: YES
<br />
<br />Amount Requested: N/A
<br />
<br />NO
<br />
<br />Exhibits: Public Hearing Notice
<br />
<br />Exhibits:
<br />
<br />SUMMARY & RECOMMENDATION
<br />
<br />The City Council held budget workshops on August 14 through August 16, 2006 to discuss proposed budgets for the
<br />fiscal year beginning October 1,2006 and ending September 30, 2007.
<br />
<br />The Summary of Funds, which is shown below, represents the result of the workshops held with City Council. All
<br />changes made by Council were incorporated into the various budgets.
<br />
<br />Revised 2006
<br />$ 27,280,748
<br />1,279,794
<br />729,233
<br />140,728
<br />740,060
<br />36,000
<br />6,566,704
<br />248,516
<br />10,043
<br />1,032,067
<br />1,158,149
<br />2,397,651
<br />4,460,139
<br />955,839
<br />1,509,497
<br />3,551,579
<br />262,643
<br />1,204,600
<br />1,566,623
<br />1,638,036
<br />320,457
<br />1,008,299
<br />10,191,600
<br />5,700,000
<br />1,200,000
<br />449,650
<br />2,421,752
<br />292,712
<br />771,719
<br />$79,124,838
<br />
<br />General Fund
<br />Grant Fund
<br />Hotel/Motel Occupancy Tax
<br />Community Investment
<br />La Porte Development Corporation
<br />Tax Increment Reinvestment Zone
<br />Utility
<br />Sylvan Beach
<br />Airport
<br />La Porte Area Water Authority
<br />Golf Course
<br />Motor Pool
<br />Insurance Fund
<br />Technology Fund
<br />General Capital Improvement
<br />Utility Capital Improvement
<br />Sewer Rehabilitation Capital Improvement
<br />1998 General Obligation Bond Fund
<br />2000 General Obligation Bond Fund
<br />2002 General Obligation Bond Fund
<br />2004 Certificate of Obligation Bond Fund
<br />2005 Certificate of Obligation Bond Fund
<br />2005 General Obligation Bond Fund
<br />2006 Certificate of Obligation Bond Fund
<br />2006 General Obligation Bond Fund
<br />Transportation & Other Infrastructure Fund
<br />General Debt Service
<br />Utility Debt Service
<br />La Porte Area Water Authority Debt Service
<br />Total of All Funds
<br />
<br />There is no change in the Tax Rate, which has remained constant for the last eighteen years.
<br />
<br />Proposed 2007
<br />$ 28,161,818
<br />347,491
<br />454,346
<br />138,000
<br />832,180
<br />36,720
<br />6,798,512
<br />208,360
<br />190,248
<br />1,631,110
<br />1,193,500
<br />1,457,154
<br />4,375,688
<br />1,289,149
<br />402,950
<br />1,230,000
<br />330,000
<br />6,000
<br />170,000
<br />o
<br />o
<br />675,000
<br />459,400
<br />260,000
<br />o
<br />o
<br />2,798,294
<br />494,328
<br />760,700
<br />$54,700,948
<br />
<br />Action Reauired bv Council:
<br />
<br />#7 Conduct Public Hearing
<br />#8 Please adopt Ordinance approving Fiscal Year 2006-07 Proposed Budget.
<br />
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