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REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />Appropriation
<br />Agenda Date Requested: April 27, 2015
<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:
<br />Ordinance
<br />Budgeted Item: YES NO
<br />Exhibits:
<br />Excerpt from FY 2015 Adopted Budget
<br />
<br /> & Amended Budget (Exhibit A & B)
<br />Exhibits:
<br />Explanations / Backup for Amendment
<br />SUMMARY & RECOMMENDATION
<br />The City Council adopted the Fiscal Year 2014-15 Budget on September 8, 2014.
<br />The Summary of Funds, which is shown below, represents the amendments which council previously approved to the FY 2014-15
<br />Budget. (*denotes funds with current changes)
<br />
<br />PreviouslyProposed
<br />Original Budget Amended BudgetAmended Budget
<br />General Fund $ 42,524,058$ 42,612,320$ 42,702,320 *
<br />Grant Fund 502,6781,092,8381,114,282 *
<br />Street Maintenance Sales Tax Fund 795,000795,000795,000
<br />Emergency Services District Sales Tax Fund 1,322,6381,390,9171,390,917
<br />Hotel/Motel Occupancy Tax 826,039826,039828,589 *
<br />Economic Development Corporation 1,418,6111,518,6111,518,611
<br />Tax Increment Reinvestment Zone 2,807,7372,807,7372,807,737
<br />Utility 8,056,2918,064,0758,133,236 *
<br />Airport 47,49677,49678,082 *
<br />La Porte Area Water Authority 1,129,4811,129,4811,129,481
<br />Motor Pool 3,130,0993,161,8053,177,768 *
<br />Insurance Fund 6,247,6496,247,6496,247,649
<br />Technology Fund 220,000269,600269,600
<br />General Capital Improvement 1,615,0001,615,0001,790,000 *
<br />Utility Capital Improvement 1,175,0001,175,0001,175,000
<br />350,000350,000
<br />Sewer Rehabilitation Capital Improvement 350,000
<br />240,000240,000
<br />Drainage Improvement Fund 240,000
<br />280,000280,000
<br />2010 Certificates of Obligation Bond Fund 280,000
<br />4,358,7234,358,723
<br />General Debt Service 4,358,723
<br />277,226277,226
<br />Utility Debt Service 277,226
<br />691,838691,838
<br />La Porte Area Water Authority Debt Service 691,838
<br />Total of All Funds $78,015,564$78,981,355$79,356,059
<br />Action Required by Council:
<br />Adopt Ordinance Amending Fiscal Year 2014-15 Budget for the following items:
<br />A.$65,000 in the General Fund for legal services.
<br />B.$10,000 in the General Fund for appraisals related to street and alley closing requests.
<br />C.$8,944 in the Grant Fund for a shade structure at the San Jacinto Pool. Park Zone 10 funding will be used.
<br />D.$15,000 in the General Fund for air monitoring equipment.
<br />rd Street Paving back to the
<br />E.$175,000 in the General CIP Fund to transfer monies reserved for District 23
<br />Economic Development Fund.
<br />F.$12,500 in the Grant Fund for monies received from WCA Management Company for the Household
<br />Hazardous Waste Collection Day.
<br />G.$69,161 in the Utility Fund, $586 in the Airport Fund, $15,963 in the Vehicle Maintenance Fund and
<br />$2,550 in the Hotel/Motel Fund to spread the 2.5% COLA adjustment funds that were initially budgeted in
<br />the General Fund.
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