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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />Appropriation
<br />Agenda Date Requested: September 28, 2020
<br />
<br />Source of Funds:
<br />Requested By: Michael G. Dolby, Director
<br />
<br />Department: Finance
<br />Account Number:
<br />
<br />Amount Budgeted:
<br />Report Resolution Ordinance
<br />
<br />
<br />
<br />Amount Requested:
<br />Exhibits: Ordinance and Proposed FY2021 Budget
<br />Budgeted Item: Yes No
<br />
<br />Presentation
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<br />SUMMARY & RECOMMENDATION
<br />
<br />The La Porte City Council held a budget workshop on August 10, 2020 to discuss
<br />proposed budgets for the fiscal year beginning October 1, 2020 and ending September
<br />th
<br />30, 2021. A follow-up review was on the September 14 agenda. The Summary of
<br />Funds, which is shown below, represents the result of the workshops and subsequent
<br />reviews held with City Council. All changes made by City Council were incorporated
<br />into the various budgets.
<br />
<br /> Revised 2020 Proposed 2021
<br />General Fund $ 51,901,303 $ 60,835,130
<br />Grant Fund 8,799,445 10,567,103
<br />Street Maintenance Sales Tax Fund 4,798,064 3,232,000
<br />Emergency Services District Sales Tax 1,273,830 1,376,338
<br />Fund
<br />Hotel/Motel Occupancy Tax 753,860 739,543
<br />Economic Development Corporation 2,551,223 1,774,628
<br />Tax Increment Reinvestment Zone 3,601,775 2,931,532
<br />Utility 7,973,347 8,472,426
<br />Airport 115,681 91,730
<br />La Porte Area Water Authority 1,954,165 2,125,393
<br />Motor Pool 2,833,019 3,172,859
<br />Insurance Fund 8,960,190 9,867,814
<br />Technology Fund 215,822 691,485
<br />General Capital Improvement 16,064,487 4,171,741
<br />Utility Capital Improvement 3,696,356 1,525,000
<br />Sewer Rehabilitation Capital 300,000 350,000
<br />Improvement
<br />Drainage Improvement Fund 1,236,614 4,205,000
<br />General Debt Service 4,625,718 4,363,779
<br />Total of All Funds $121,654,899 $120,493,501
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