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REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />Appropriation
<br />Agenda Date Requested: February 8, 2016
<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 2016 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 2015-16 Budget on September 14, 2015.
<br />The Summary of Funds, which is shown below, represents the amendments which council previously approved to the
<br />FY 2015-16 Budget. (*denotes funds with current changes)
<br />Proposed
<br />Original Budget Amended Budget
<br />General Fund $ 43,193,303 $ 43,335,826 *
<br />Grant Fund 929,342 929,342
<br />Street Maintenance Sales Tax Fund 1,895,000 1,895,000
<br />Emergency Services District Sales Tax 1,372,053 1,387,341 *
<br />Fund
<br />Hotel/Motel Occupancy Tax 773,071 773,071
<br />Economic Development Corporation 1,147,143 1,147,143
<br />Tax Increment Reinvestment Zone 2,514,956 2,514,956
<br />Utility 7,439,169 7,439,169
<br />Airport 63,806 63,806
<br />La Porte Area Water Authority 1,149,726 1,149,726
<br />Motor Pool 2,800,017 2,964,963 *
<br />Insurance Fund 6,997,143 6,997,143
<br />Technology Fund 622,000 622,000
<br />General Capital Improvement 1,067,669 1,067,669
<br />Utility Capital Improvement 1,080,000 1,080,000
<br />Sewer Rehabilitation Capital Improvement 350,000 350,000
<br />Drainage Improvement Fund 470,000 470,000
<br />2015 Certificates of Obligation Bond Fund 4,520,000 4,520,000
<br />General Debt Service 4,190,493 4,190,493
<br />Utility Debt Service 267,409 267,409
<br />La Porte Area Water Authority Debt Service 692,850 692,850
<br /> $83,535,150 $83,857,907
<br />Action Required by Council:
<br />Adopt Ordinance Amending Fiscal Year 2015-16 Budget for the following items:
<br />A.$15,288 in the Emergency Services District Fund for EKG monitor maintenance. Funding has already been
<br />approved by the ESD Board.
<br />B.$15,000 in the General Fund for repairs to the City Hall water line.
<br />C.$67,430 in the General Fund for demolition costs for Windsail Apartments.
<br />D.$33,971 in the Vehicle Replacement Fund for replacement of a vehicle involved in an accident. The Motor
<br />Pool will be reimbursed once funding from the insurance company is received.
<br />E.$130,975 in the Vehicle Replacement Fund for replacement of a wrecked ambulance. The Motor Pool will
<br />be reimbursed once funding from the insurance company is received.
<br />F.$4,343 in the General Fund for EMS modems.
<br />G.$55,750 in the General Fund for the Lifeguard Contract.
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