|
<br />REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />
<br />Agenda Date Requested: June 23, 2008
<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 2007-3024-G
<br />
<br />Exhibits: Excerpt from FY 2008 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 />Exhibits: Explanations / Backup for Amendment
<br />
<br />NO
<br />
<br />SUMMARY & RECOMMENDATION
<br />
<br />The City Council adopted the Fiscal Year 2007-08 Budget on August 27,2007.
<br />
<br />The Summary of Funds, which is shown below, represents the amendments which council previously approved to
<br />the FY 2007-08 Budget. (*denotes funds with current changes)
<br />
<br />General Fund
<br />Grant Fund
<br />Street Maintenance Sales Tax Fund
<br />Community Investment
<br />Hotel/Motel Occupancy Tax
<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 />2000 General Obligation Bond Fund
<br />2005 Certificate of Obligation Bond Fund
<br />2006 General Obligation Bond Fund
<br />2007 Certificate of 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 />Previously
<br />Original Budget Amended Budget
<br />
<br />$ 30,010,812
<br />1,036,356
<br />1,004, I 78
<br />233,120
<br />556,540
<br />971,565
<br />1,600,185
<br />8,038,354
<br />274,158
<br />23,396
<br />1,717,760
<br />1,304,138
<br />1,529,323
<br />4,881,080
<br />1,211,065
<br />955,000
<br />935,000
<br />350,000
<br />54,465
<br />60,000
<br />49,478
<br />305,261
<br />200,000
<br />3,477,278
<br />479,105
<br />758,531
<br />$ 62,016,148
<br />
<br />$ 30,620,802
<br />1,172,949
<br />1,004,178
<br />233,120
<br />696,709
<br />1,117,898
<br />1,600,185
<br />8,038,354
<br />274,158
<br />23,396
<br />1,717,760
<br />1,304,138
<br />1,756,727
<br />4,881,080
<br />1,221,865
<br />1,721,926
<br />935,000
<br />350,000
<br />202,021
<br />60,000
<br />49,478
<br />305,261
<br />200,000
<br />3,477,278
<br />479,105
<br />758,531
<br />$ 64,201,919
<br />
<br />Proposed
<br />Amended Budget
<br />
<br />$ 33,620,802 *
<br />1,172,949
<br />1,004,178
<br />249,559 *
<br />696,709
<br />1,157,898 *
<br />1,600,185
<br />8,038,354
<br />274,158
<br />23,396
<br />1,717,760
<br />1,304,138
<br />2,092,882 *
<br />4,881,080
<br />1,221,865
<br />5,321,926 *
<br />935,000
<br />350,000
<br />202,021
<br />60,000
<br />49,478
<br />305,261
<br />200,000
<br />3,477,278
<br />479,105
<br />758,531
<br />$ 71,194,513
<br />
<br />Action Required bv Council:
<br />Adopt Ordinance Amending Fiscal Year 2007-08 Budget for:
<br />
<br />A. $3,000,000 in the General Fund for a transfer to the General CIP Fund for the Municipal Court Building
<br />Project.
<br />B. $3,000,000 in the General CIP Fund for the Municipal Court Building Project.
<br />C. $600,000 in the General CIP Fund for the Sylvan Beach Shoreline Protection and Beach Nourishment
<br />Project. The increase is for the contribution from Harris County.
<br />
|