Laserfiche WebLink
2015-15 <br /> RESOLUTION NO. 201 5- <br /> /5 <br /> A RESOLUTION :OF THE CITY OF LA PORTE, T.EXAS, APPROVING GENERAL <br /> FUND COMMITMENTS- OF FUND BALANCE FOR FISCAL YEAR 201.4.=2015; <br /> FINDING COMPLIANCE WITH THE OPEN MEETING'S LAW; AND SETTING AN <br /> EFFECTIVE DATE THEREOF. <br /> WHEREAS,.the Governmental.Accounting Standards Board (GASB) has. issued <br /> its Statement No. 54, Fund Balance Reporting and Governmental Fund.type definitions <br /> with the intent of improving financial reporting by providing fund balance categories that <br /> will be more easily understood; and <br /> WHEREAS, the City Council may adopt a .resolution to commit General Fund <br /> fund balance for specific purposes by taking formal ,action zed those committed <br /> amounts cannot be used for any other purpose unless the City Council removes or <br /> changes the specific use through the same formal action taken to establish the <br /> commitment; and <br /> WHEREAS, the City Manager has, recommended to the City Council that the <br /> following commitment of the. General Fund fund balance for Fiscal Year 2014-20.15 be <br /> established and approved as follows: <br /> Health Insurance $2,.000;0.00.00 <br /> NOW, THEREFORE, BE IT RESOLVED BY'THE.CITY COUNCIL OF THE CITY OF <br /> LA PORTE,,THAT: <br /> SECTION 1. The findings and recitations set out in the preamble to this Resolution are <br /> found to be true and correct and that they are herebyradopted' by the Gity Council.of the <br /> City of La. Porte, Texas and made a part hereof for all purposes. <br /> SECTION 2. The City Council officially finds, determines, recites, and declares that a <br /> sufficient written notice of the date, hour place and subject of this meeting of the City <br /> Council was :posted, at,a place. convenient to the public at City Hall :of the City for the <br /> time .required, by law, preceding this meeting, as required by the Open Meetings Law, <br /> Chapter 551, Texas, Government Code; and that this,:meeting has bben open to the <br /> public as required by law at all times during which.this Resolution and the subject matter <br /> thereof has been discussed, .considered and formally .acted: upon. The City Council <br /> further ratifies, approves.and, confirms such written notice and the contents. and posting <br /> thereof. <br /> INTRODUCED, READ and PASSED by the:affirrnative:vote of a majority of the. <br /> City Council of the City of La Porte, Texas, on this the 28th day of September 2015. <br />