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REQUEST FOR CITY COUNCIL AGENDA ITEM
<br />Agenda Date Requested: July 22, 2013
<br />Requested By: Michael Dolby, CPA
<br />Department: Finance
<br />Report: Resolution: Ordinance: XX
<br />Exhibits: Ordinance
<br />Exhibits: Excerpt from FY 2012 Adopted Budget
<br />& Amended Budget (Exhibit A & B)
<br />Exhibits: Explanations / Backup for Amendment
<br />Appropriation
<br />Source of Funds: N/A
<br />Account Number: N/A
<br />Amount Budgeted: N/A
<br />Amount Requested: N/A
<br />Budgeted Item: YES NO
<br />SUMMARY & RECOMMENDATION
<br />The City Council adopted the Fiscal Year 2012-13 Budget on September 10, 2012.
<br />The Summary of Funds, which is shown below, represents the amendments which council previously approved to
<br />the FY 2012-13 Budget. (*denotes funds with current changes)
<br />General Fund
<br />Grant Fund
<br />Street Maintenance Sales Tax Fund
<br />Emergency Services District Sales Tax Fund
<br />Hotel/Motel Occupancy Tax
<br />Economic Development Corporation
<br />Tax Increment Reinvestment Zone
<br />Utility
<br />Airport
<br />La Porte Area Water Authority
<br />Motor Pool
<br />Insurance Fund
<br />General Capital Improvement
<br />Utility Capital Improvement
<br />Sewer Rehabilitation Capital Improvement
<br />Drainage Improvement Fund
<br />1998 General Obligation Bond Fund
<br />2004 Certificates of Obligation Bond Fund
<br />2005 General Obligation Bond Fund
<br />2006 Certificates of Obligation Bond Fund
<br />2006 General Obligation Bond Fund
<br />2007 Certificates of Obligation Bond Fund
<br />2010 Certificates of Obligation Bond Fund
<br />Transportation & Other Infrastructure Fund
<br />General Debt Service
<br />Utility Debt Service
<br />La Porte Area Water Authority Debt Service
<br />Total of All Funds
<br />Action Required by Council:
<br />Adopt Ordinance Amending Fiscal Year 2012-13 Budget for the following items:
<br />A. $646,087 in the Utility Fund for the fund balance transfer for the Farrington Boulevard Utility Relocation
<br />project.
<br />B. $170,000 in the General CIP Fund for the Golf Course Fairway project.
<br />C. $170,000 in the General Fund for a transfer of fund balance for the Golf Course Fairway project.
<br />D. $570,000 in the La Porte Development Fund for a transfer to the General CIP Fund for the Lomax Arena
<br />project. A
<br />E. $570,000 in the General CIP Fund for the Lomax Arena project. H
<br />Previously
<br />Proposed
<br />Original Budget
<br />Amended Budget
<br />Amended Budget
<br />$36,545,885
<br />$38,093,712
<br />$38,363,712
<br />6,552,810
<br />6,922,266
<br />6,922,266
<br />1,200,000
<br />1,200,000
<br />1,200,000
<br />802,785
<br />802,785
<br />802,785
<br />565,285
<br />565,285
<br />565,285
<br />816,318
<br />822,013
<br />1,892,013
<br />2,613,579
<br />2,613,579
<br />2,613,579
<br />8,079,358
<br />8,079,358
<br />8,725,445
<br />63,669
<br />63,669
<br />63,669
<br />1,195,760
<br />1,195,760
<br />1,195,760
<br />2,523,298
<br />3,381,736
<br />3,381,736
<br />5,709,684
<br />5,709,684
<br />5,709,684
<br />673,500
<br />1,916,500
<br />2,656,500
<br />175,000
<br />901,087
<br />901,087
<br />350,000
<br />350,000
<br />350,000
<br />250,000
<br />250,000
<br />250,000
<br />0
<br />0
<br />32,094
<br />0
<br />0
<br />257,571
<br />0
<br />0
<br />894
<br />0
<br />0
<br />78,662
<br />0
<br />48,700
<br />68,649
<br />23,391
<br />23,391
<br />41,649 *
<br />1,075,223
<br />1,075,223
<br />1,075,223
<br />50,807
<br />50,807
<br />50,807
<br />2,508,337
<br />2,508,337
<br />2,508,337
<br />296,861
<br />296,861
<br />296,861
<br />698,556
<br />698,556
<br />698,556
<br />$72,770,106
<br />$77,569,309
<br />$80,702,824
<br />Adopt Ordinance Amending Fiscal Year 2012-13 Budget for the following items:
<br />A. $646,087 in the Utility Fund for the fund balance transfer for the Farrington Boulevard Utility Relocation
<br />project.
<br />B. $170,000 in the General CIP Fund for the Golf Course Fairway project.
<br />C. $170,000 in the General Fund for a transfer of fund balance for the Golf Course Fairway project.
<br />D. $570,000 in the La Porte Development Fund for a transfer to the General CIP Fund for the Lomax Arena
<br />project. A
<br />E. $570,000 in the General CIP Fund for the Lomax Arena project. H
<br />
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