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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM
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<br />Agenda Date Requested: April 11, 2005
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<br />Appropriation
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<br />Requested By: Cynthia B. Alexander
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<br />Source of Funds: N/ A
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<br />Department: Finance
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<br />Account Number: N/A
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<br />Report:
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<br />Resolution:
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<br />Ordinance:
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<br />xx
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<br />Amount Budgeted: N/A
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<br />Exhibits: Ordinance
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<br />Amount Requested: N/A
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<br />Exhibits: Explanations
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<br />Budgeted Item: YES NO
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<br />Exhibits:
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<br />SUMMARY & RECOMMENDATION
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<br />The City Council adopted the Fiscal Year 2004-05 Budget on August 23,2004.
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<br />The Summary of Funds, which is shown below, represents the amendments which council previously approved to
<br />the FY 2004-05 Budget. (*denotes funds with current changes)
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<br /> Previously Proposed
<br /> Original Budget Amended Budget Amended Budget
<br />General Fund $ 25,397,585 $ 25,504,963 $ 25,504,963
<br />Grant Fund 206,871 366,233 366,233
<br />Hotel/Motel Occupancy Tax 296,000 336,750 411,015 *
<br />Community Investment 120,000 120,000 120,000
<br />La Porte Development Corporation 280,050 280,050 280,050
<br />Tax Increment Reinvestment Zone 33,000 33,000 33,000
<br />Utility 7,083,190 7,083,190 7,083,190
<br />Sylvan Beach 248,491 248,491 248,491
<br />Airport 71,080 71,080 71 ,080
<br />La Porte Area Water Authority 1,012,940 1,012,940 1,012,940
<br />Golf Course 1,171,206 1,171,206 1,171,206
<br />Motor Pool 1,989,806 1,989,806 1,989,806
<br />Technology Fund 4,345,783 4,345,783 4,375,783 *
<br />Insurance Fund 988,087 988,087 988,087
<br />General Capital Improvement 405,296 942,763 1,060,913 *
<br />Utility Capital Improvement 1,345,000 1,345,000 1,345,000
<br />Sewer Rehabilitation Capital Improvement 350,000 350,000 350,000
<br />Infrastructure Fund 0 0 0
<br />1998 General Obligation Bond Fund 151,953 151,953 151,953
<br />2000 General Obligation Bond Fund 165,000 165,000 165,000
<br />2002 General Obligation Bond Fund 0 0 0
<br />General Debt Service 1,951,586 1,951,586 1,951,586
<br />Utility Debt Service 608,162 608,162 608,162
<br />La Porte Area Water Authority Debt Service 771.588 771.588 771.588
<br />Total of All Funds $ 48,992,674 $ 49,837,631 $ 50,060,046
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<br />Action Required bv Council:
<br />Adopt Ordinance Amending Fiscal Year 2004-05 Budget for the items added back during the pre-budget workshop.
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<br />Approved for City Council Ae:enda
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<br />Debra B. Feazelle, City Manager
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<br />Date
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