|
<br />REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />
<br />Appropriation
<br />
<br />Agenda Date Requested: AU2ust 25, 2008
<br />Requested By: Michael Dolby, CP~
<br />Department: Finance
<br />
<br />Report:
<br />
<br />Resolution:
<br />
<br />Ordinance:
<br />
<br />xx
<br />
<br />Exhibits: Copy of Public Hearing Notice
<br />
<br />Exhibits:
<br />
<br />Exhibits:
<br />
<br />Source of Funds: N/A
<br />
<br />Account Number: N/A
<br />
<br />Amount Budgeted: N/A
<br />
<br />Amount Requested: N/A
<br />
<br />Budgeted Item: YES NO
<br />
<br />SUMMARY & RECOMMENDATION
<br />
<br />The City Council held budget workshops on August 11 through August 12,2008 to discuss proposed budgets for the
<br />fiscal year beginning October 1, 2008 and ending September 30, 2009.
<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 2008
<br />$ 32,366,110
<br />674,311
<br />1,647,981
<br />302,842
<br />677,507
<br />2,292,012
<br />o
<br />7,716,952
<br />299,654
<br />19,985
<br />1,464,032
<br />1,313,415
<br />1,740,547
<br />4,495,923
<br />1,395,920
<br />6,439,708
<br />1,026,172
<br />535,630
<br />600,767
<br />134,413
<br />10,386
<br />o
<br />407,383
<br />235,697
<br />17,917
<br />1,234,321
<br />6,593,462
<br />649,650
<br />3,477,278
<br />479,105
<br />758,532
<br />$ 79,007,612
<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 />1998 General Obligation Bond Fund
<br />2000 General Obligation Bond Fund
<br />2002 General Obligation Bond Fund
<br />2004 Certificates of Obligation Bond Fund
<br />2005 Certificates of Obligation Bond Fund
<br />2005 General Obligation Bond Fund
<br />2006 Certificates of Obligation Bond Fund
<br />2006 General Obligation Bond Fund
<br />2007 Certificates 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 />Proposed 2009
<br />$ 36,382,175
<br />1,923,528
<br />700,000
<br />386,575
<br />463,749
<br />4,339,685
<br />o
<br />8,689,854
<br />217,690
<br />23,483
<br />1,005,288
<br />1,324,826
<br />2,640,159
<br />4,575,547
<br />1,255,818
<br />11,177,355
<br />o
<br />350,000
<br />590,195
<br />149,109
<br />1,990
<br />861,883
<br />341,678
<br />73,824
<br />2,212,267
<br />18,021
<br />1,640,317
<br />o
<br />3,345,768
<br />463,850
<br />750,069
<br />$85,904,703
<br />
<br />There is no change in the Tax Rate, which has remained constant for the last twenty years.
<br />
<br />Action Reauired bv Council:
<br />
<br />Conduct Public Hearing
<br />Adopt Ordinance approving Fiscal Year 2008-09 Proposed Budget.
<br />
|