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REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />Appropriation
<br />Agenda Date Requested: October 26, 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
<br />the FY 2014-15 Budget. (*denotes funds with current changes)
<br />Previously Proposed
<br />Original Budget Amended BudgetAmended Budget
<br />General Fund $ 42,524,058 $ 44,380,886 $ 44,380,886
<br />Grant Fund 502,678 1,144,334 1,149,334
<br />Street Maintenance Sales Tax Fund 795,000 795,000 795,000
<br />Emergency Services District Sales Tax Fund 1,322,638 1,390,917 1,390,917
<br />Hotel/Motel Occupancy Tax 826,039 833,589 833,589
<br />Economic Development Corporation 1,418,611 1,518,611 1,518,611
<br />Tax Increment Reinvestment Zone 2,807,737 2,807,737 2,807,737
<br />Utility 8,056,291 8,133,236 8,133,236
<br />Airport 47,496 78,082 78,082
<br />La Porte Area Water Authority 1,129,481 1,129,481 1,423,245
<br />Motor Pool 3,130,099 3,177,768 3,177,768
<br />Insurance Fund 6,247,649 6,247,649 6,247,649
<br />Technology Fund 220,000 269,600 269,600
<br />General Capital Improvement 1,615,000 1,790,000 1,790,000
<br />Utility Capital Improvement 1,175,000 1,375,000 1,375,000
<br />Sewer Rehabilitation Capital Improvement 350,000 350,000 350,000
<br />Drainage Improvement Fund 240,000 240,000 240,000
<br />2006 Certificates of Obligation Bond Fund --250,000
<br />2010 Certificates of Obligation Bond Fund 280,000 280,000 280,000
<br />General Debt Service 4,358,723 4,358,723 4,358,723
<br />Utility Debt Service 277,226 277,226 277,226
<br />La Porte Area Water Authority Debt Service 691,838 691,838 691,838
<br />Total of All Funds $78,015,564 $81,269,677 $81,818,441
<br />Action Required by Council:
<br />Adopt Ordinance Amending Fiscal Year 2014-15 Budget for the following items:
<br />A.$5,000 in the Grant Fund for water fountains at the Pecan Park walking path. Park Zone 4 money will be
<br />used to fund the water fountain.
<br />B.$250,000 in the 2006 Certificates of Obligation Bond Fund for a transfer to the Debt Service Fund for the
<br />loan repayment from the TIRZ for the trunkline sewer.
<br />C.$293,764 in the La Porte Area Water Authority Fund for the payment to reimburse the City of Houston for
<br />the LPAWA share of the final 2007-2011 Southeast Water Purification Plant expansion project cost.
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