|
REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />Appropriation
<br />Agenda Date Requested: January 23, 2017
<br />Source of Funds: N/A
<br />Requested By: Michael Dolby, CPA
<br />Account Number: N/A
<br />Department: Finance
<br />Amount Budgeted: N/A
<br />Report: Resolution: Ordinance: XX
<br />Amount Requested: N/A
<br />Exhibits: Ordinance
<br />Budgeted Item: YES NO
<br />Exhibits: Excerpt from FY 2017 Adopted Budget
<br /> & Amended Budget (Exhibit A & B)
<br />Exhibits: Explanations / Backup for Amendment (Exhibit C)
<br />SUMMARY & RECOMMENDATION
<br />The City Council adopted the Fiscal Year 2016-17 Budget on September 26, 2016.
<br />The Summary of Funds, which is shown below, represents the amendments which council previously approved to the
<br />FY 2016-17 Budget. (*denotes funds with current changes)
<br />Proposed
<br />Original Budget Amended Budget
<br />General Fund $ 47,089,127 $ 47,089,127
<br />Grant Fund 1,417,967 1,537,967 *
<br />Street Maintenance Sales Tax Fund 1,605,313 1,605,313
<br />Emergency Services District Sales Tax Fund 1,302,632 1,302,632
<br />Hotel/Motel Occupancy Tax 836,241 836,241
<br />Economic Development Corporation 2,631,181 2,631,181
<br />Tax Increment Reinvestment Zone 6,309,824 6,309,824
<br />Utility 7,322,478 7,322,478
<br />Airport 186,773 186,773
<br />La Porte Area Water Authority 1,391,802 1,391,802
<br />Motor Pool 2,591,574 2,861,732 *
<br />Insurance Fund 7,850,066 7,850,066
<br />Technology Fund 100,000 100,000
<br />General Capital Improvement 3,769,150 3,769,150
<br />Utility Capital Improvement 1,040,000 1,040,000
<br />Sewer Rehabilitation Capital Improvement 350,000 350,000
<br />Drainage Improvement Fund 365,000 365,000
<br />2015 Certificates of Obligation Bond Fund 3,227,687 3,227,687
<br />General Debt Service 3,913,706 3,913,706
<br />La Porte Area Water Authority Debt Service 326,400 326,400
<br /> $93,626,921 $94,017,079
<br />Action Required by Council:
<br />Adopt Ordinance Amending Fiscal Year 2016-17 Budget for the following items:
<br />A.$120,000 in the Grant Fund for an agreement with the Head Start Program for a paving project.
<br />B.$270,158 in the Motor Pool Fund for replacement of a horizontal grinder.
<br />Approved for City Council Agenda
<br />Corby D. Alexander, City Manager Date
<br />
<br />
|