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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />
<br />Agenda Date Requested: December 11, 2006
<br />
<br />~\'D
<br />Requested By: Michael Dolby
<br />
<br />Department: Finance
<br />
<br />Report:
<br />
<br />Resolution:
<br />
<br />Ordinance:
<br />
<br />xx
<br />
<br />Exhibits: Ordinance 2006-2918-B
<br />
<br />Exhibits: Excerpt from FY 2007 Adopted Budget
<br />& Amended Budget (Exhibit A & B)
<br />
<br />Source of Funds: N/A
<br />
<br />Appropriation
<br />
<br />Account Number: N/A
<br />
<br />Amount Budgeted: N/A
<br />
<br />Amount Requested: N/A
<br />
<br />Budgeted Item: YES
<br />
<br />NO
<br />
<br />Exhibits: Explanations / Backup for Amendments
<br />
<br />SUMMARY & RECOMMENDATION
<br />
<br />The City Council adopted the Fiscal Year 2006-07 Budget on September 11, 2006.
<br />
<br />The Summary of Funds, which is shown below, represents the amendments which council previously approved to
<br />the FY 2006-07 Budget. (*denotes funds with current changes)
<br />
<br />Previously
<br />Original Budget Amended Budget
<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 />2005 Certificate of Obligation Bond Fund
<br />2005 General Obligation Bond Fund
<br />2006 Certificate of Obligation Bond Fund
<br />General Debt Service
<br />Utility Debt Service
<br />La Porte Area Water Authority Debt Service
<br />
<br />$ 28,245,299
<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 />4,376,091
<br />
<br />1,289,149
<br />402,950
<br />1,230,000
<br />330,000
<br />6,000
<br />170,000
<br />675,000
<br />459,400
<br />260,000
<br />2,798,294
<br />494,328
<br />760,700
<br />
<br />$ 28,245,299
<br />695,223
<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 />4,376,091
<br />
<br />1,289,149
<br />402,950
<br />1,230,000
<br />330,000
<br />6,000
<br />170,000
<br />675,000
<br />459,400
<br />260,000
<br />2,798,294
<br />494,328
<br />760,700
<br />
<br />Proposed
<br />Amended Budget
<br />
<br />$ 28,463,598 *
<br />780,077 *
<br />468,707 *
<br />156,500 *
<br />907,180 *
<br />36,720
<br />6,799,112 *
<br />208,360
<br />190,248
<br />1,631,110
<br />1,193,500
<br />1,457,154
<br />4,376,091
<br />
<br />1,293,949 *
<br />448,304 *
<br />1,244,337 *
<br />330,000
<br />6,000
<br />170,000
<br />675,000
<br />459,400
<br />390,000 *
<br />2,798,294
<br />494,328
<br />760,700
<br />
<br />Total of All Funds
<br />
<br />$ 55,738,669
<br />
<br />$ 54,784,832
<br />
<br />$ 55,132,564
<br />
<br />Action Required bv Council:
<br />
<br />Adopt Ordinance Amending Fiscal Year 2006-07 Budget for:
<br />A. $169,667 in various Funds for FY 2006 outstanding purchase orders, encumbrances and budget roll-
<br />over requests. (Approved at October 9th CC Meeting. This is formal budget amendment)
<br />B. $15,000 in the Grant Fund for a grant award from the Fireman's Fund Heritage Rewards Grant. This
<br />grant will be used to add equipment for the new ladder truck for ISO compliance and add a software
<br />piece to the dispatcher consoles that helps the documentation portion of a call.
<br />C. $18,000 in the Grant Fund for a grant award from the Rural Volunteer Fire Department Assistance
<br />Program for Coveralls.
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