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<br />Agenda Date Requested: September 13, 2010
<br />
<br />REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />
<br />Avvrovriation
<br />
<br />Source of Funds: N/ A
<br />
<br />Requested By: Michael Dolby, CPA
<br />
<br />Account Number: N/A
<br />
<br />Department: Finance
<br />
<br />Report:
<br />
<br />xx
<br />
<br />Amount Budgeted: N/A
<br />
<br />Resolution:
<br />
<br />Ordinance:
<br />
<br />Exhibits: Copy of Public Hearing Notice
<br />
<br />Budgeted Item: YES
<br />
<br />Amount Requested: N/A
<br />
<br />NO
<br />
<br />Exhibits: Ordinance
<br />
<br />Exhibits:
<br />
<br />SUMMARY & RECOMMENDATION
<br />
<br />The City Council held budget workshops on August 9 through August 11, 2009 to discuss proposed budgets for the
<br />fiscal year beginning October 1, 2010 and ending September 30, 2011.
<br />
<br />The Summary of Funds, which is shown below, represents the result of the workshops held with City Council.
<br />changes made by Council were incorporated into the various budgets.
<br />
<br />Revised 2010
<br />$ 38,000,205
<br />1,673,971
<br />700,000
<br />332,700
<br />400,238
<br />1,659,830
<br />3,220,018
<br />7,640,439
<br />14,668
<br />859,175
<br />1,301,989
<br />1,920,824
<br />4,762,183
<br />1,134,256
<br />14,770,485
<br />493,681
<br />372,907
<br />o
<br />1,141,714
<br />100,747
<br />531,385
<br />369,293
<br />2,727,353
<br />243,591
<br />859,407
<br />6,265,000
<br />808,350
<br />3,225,343
<br />556,383
<br />682,434
<br />$96,768,569
<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 />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 />Drainage Improvement Fund
<br />1998 General Obligation Bond Fund
<br />2000 General Obligation Bond Fund
<br />2004 Certificates of Obligation Bond Fund
<br />2005 Certificates of Obligation Bond Fund
<br />2006 Certificates of Obligation Bond Fund
<br />2006 General Obligation Bond Fund
<br />2007 Certificates of Obligation Bond Fund
<br />2010 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 />There is no change in the Tax Rate, which has remained constant for the last twenty-two years.
<br />
<br />AIl
<br />
<br />Proposed 2011
<br />$36,721,763
<br />831,499
<br />700,000
<br />351,000
<br />373,519
<br />1,215,599
<br />1,919,250
<br />7,885,956
<br />22,068
<br />1,040,920
<br />o
<br />3,043,7'?
<br />4,903,465
<br />o
<br />2,388,442
<br />1,020,000
<br />345,000
<br />270,000
<br />o
<br />o
<br />550,000
<br />o
<br />o
<br />o
<br />647,184
<br />o
<br />330,000
<br />3,516,576
<br />316,496
<br />689,488
<br />$69,081,973
<br />
<br />Action Required bv Council:
<br />
<br />Conduct Public Hearing
<br />Adopt Ordinance approving Fiscal Year 2010-11 Proposed Budget.
<br />
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