HomeMy WebLinkAboutO-2006-2918-B
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REQUEST FOR CITY COUNCIL AGENDA ITEM
Agenda Date Requested: December 11, 2006
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Requested By: Michael Dolby
Department: Finance
Report:
Resolution:
Ordinance:
xx
Exhibits: Ordinance 2006-2918-B
Exhibits: Excerpt from FY 2007 Adopted Budget
& Amended Budget (Exhibit A & B)
Source of Funds: N/A
Appropriation
Account Number: N/A
Amount Budgeted: N/A
Amount Requested: N/A
Budgeted Item: YES
NO
Exhibits: Explanations / Backup for Amendments
SUMMARY & RECOMMENDATION
The City Council adopted the Fiscal Year 2006-07 Budget on September 11, 2006.
The Summary of Funds, which is shown below, represents the amendments which council previously approved to
the FY 2006-07 Budget. (*denotes funds with current changes)
Previously
Original Budget Amended Budget
General Fund
Grant Fund
Hotel/Motel Occupancy Tax
Community Investment
La Porte Development Corporation
Tax Increment Reinvestment Zone
Utility
Sylvan Beach
Airport
La Porte Area Water Authority
Golf Course
Motor Pool
Insurance Fund
Technology Fund
General Capital Improvement
Utility Capital Improvement
Sewer Rehabilitation Capital Improvement
1998 General Obligation Bond Fund
2000 General Obligation Bond Fund
2005 Certificate of Obligation Bond Fund
2005 General Obligation Bond Fund
2006 Certificate of Obligation Bond Fund
General Debt Service
Utility Debt Service
La Porte Area Water Authority Debt Service
$ 28,245,299
347,491
454,346
138,000
832,180
36,720
6,798,512
208,360
190,248
1,631,110
1,193,500
1,457,154
4,376,091
1,289,149
402,950
1,230,000
330,000
6,000
170,000
675,000
459,400
260,000
2,798,294
494,328
760,700
$ 28,245,299
695,223
454,346
138,000
832,180
36,720
6,798,512
208,360
190,248
1,631,110
1,193,500
1,457,154
4,376,091
1,289,149
402,950
1,230,000
330,000
6,000
170,000
675,000
459,400
260,000
2,798,294
494,328
760,700
Proposed
Amended Budget
$ 28,463,598 *
780,077 *
468,707 *
156,500 *
907,180 *
36,720
6,799,112 *
208,360
190,248
1,631,110
1,193,500
1,457,154
4,376,091
1,293,949 *
448,304 *
1,244,337 *
330,000
6,000
170,000
675,000
459,400
390,000 *
2,798,294
494,328
760,700
Total of All Funds
$ 55,738,669
$ 54,784,832
$ 55,132,564
Action Required bv Council:
Adopt Ordinance Amending Fiscal Year 2006-07 Budget for:
A. $169,667 in various Funds for FY 2006 outstanding purchase orders, encumbrances and budget roll-
over requests. (Approved at October 9th CC Meeting. This is formal budget amendment)
B. $15,000 in the Grant Fund for a grant award from the Fireman's Fund Heritage Rewards Grant. This
grant will be used to add equipment for the new ladder truck for ISO compliance and add a software
piece to the dispatcher consoles that helps the documentation portion of a call.
C. $18,000 in the Grant Fund for a grant award from the Rural Volunteer Fire Department Assistance
Program for Coveralls.
D. $120,220 in the General Fund for a transfer out to the Insurance Fund for additional funding for
employee and retiree health insurance.
E. $19,854 in the Grant Fund for Park Zone #5 expenditures for Spencer Landing.
F. $13,000 in General Fund for transfer of CC Discretionary Funds to General CIP Fund.
G. $40,354 in General CIP Fund for playground equipment purchase and installation. The breakdown of
funding is as follows: $13,000 from General Fund - CC Discretionary Funds, $7,500 donation from
Spencer Landing HOA and $19,854 from Grant Fund - Park Zone #5 monies. (Agreement Approved
at November 6th CC Meeting)
H. $5,000 in the General CIP Fund for Sylvan Beach Depot Improvements from donation from Kaneka.
I. $130,000 for a transfer to move the funds budgeted for the Waste Water Treatment Plant Aeration
Improvements in Fund 045 into Fund 047. This will combine the entire funds budgeted for the project
into one fund.
1. $75,000 in La Porte Development Corporation Fund (4B Y2 Cent Sales Tax) to fund Hotel/Motel
Study by Economic Development Corporation.
Approved for Citv Council Ae:enda
.,
JYtt
Date
ORDINANCE NO. 2006-2918-8
AN ORDINANCE APPROVING AN AMENDMENT TO THE BUDGET FOR THE CITY OF LA PORTE,
TEXAS, FOR THE PERIOD OF OCTOBER 1,2006 THROUGH SEPTEMBER 30,2007; FINDING THAT
ALL THINGS REQUISITE AND NECESSARY HAVE BEEN DONE IN PREPARATION AND
PRESENTMENT OF SAID BUDGET; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND
PROVIDING AN EFFECTIVE DATE HEREOF.
WHEREAS, the Charter of the City of La Porte, Texas, and the Statutes of the State of Texas, require that
an annual budget be prepared and presented to the City Council of the City of La Porte, Texas, prior to the
beginning of the fiscal year of said City, and that a public hearing be held prior to the adoption of said
Budget; and
WHEREAS, the Budget for the fiscal year October 1,2006, through September 30,2007, has heretofore
been presented to the City Council and due deliberation had thereon, was filed in the office of the City
Secretary on July 24, 2006, and a public hearing scheduled for September 11, 2006 was duly advertised
and held.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
SECTION 1: That the Budget for the City of La Porte, Texas, now before the said City Council for
consideration, a complete copy of which is on file with the City Secretary and a summary of which is
attached hereto by reference as Exhibit "A", is hereby amended as reflected on the amended budget
summary document, attached hereto by reference as Exhibit "B", as the Budget for the said City of La
Porte, Texas, for the period of October 1,2006, through September 30,2007.
SECTION 2: Be it FURTHER ORDAINED, that the said City Council finds that all things requisite and
necessary to the adoption of said Budget have been performed as required by charter or statute.
SECTION 3: The City Council officially finds, determines, recites and declares that a sufficient written
notice of the date, hour, place and subject of this meeting of the City Council was posted at a place
convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as
required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has
been open to the public as required by law at all times during which this Ordinance and the subject matter
thereof has been discussed, considered and formally acted upon. The City Council further ratifies,
approves and confirms such written notice and the contents and posting thereof.
SECTION 4: This Ordinance shall be in effect from and after its passage and approval.
PASSED AND APPROVED this the ~day of~ b~ ,2006.
RTY.OF LA PORTE, TEXAS
~b:-Ptrd2-
Alton Porter, Mayor
ATTEST:
APPROVED:
~~~
Clark Askins, Assistant City Attorney
EXHIBIT A
(ORIGINAL BUDGET)
City of La Porte
Consolidated Summary of All Funds
Working Working
Capital FY 06-07 FY 06-07 Capital
09/30/06 Revenues Expenses 09/30/07
Governmental Fund Types:
General Fund 9,634,199 28,163,288 28,245,299 9,552,188
Grant Fund 374,900 347,491 347,491 374,900
Hotel/Motel Occupancy Tax 336,927 334,500 454,346 217,081
Community Investment 634,075 180,809 138,000 676,884
Section 4B Sales Tax 3,788,056 1,340,886 832,180 4,296,762
Tax Increment Reinvestment 171,304 46,280 36,720 180,864
Total Governmental Types 14,939,461 30,413,254 30,054,036 15,298,679
Enterprise:
Utility 42,176 7,503,541 6,798,512 747,205
Sylvan Beach 129,038 208,360 208,360 129,038
Airport 337,875 45,228 190,248 192,855
La Porte Area Water Authority 1,687,721 1,344,916 1,631,110 1,401,527
Golf Course (57,847) 1,193,500 1,193,500 (57,847)
Total Enterprise 2,138,963 10,295,545 10,021,730 2,412,778
Internal Service
Motor Pool 2,016,511 1,853,966 1,457,154 2,413,323
Insurance Fund 847,924 4,478,020 4,376,091 949,853
Technology Fund 869,776 1,051,699 1,289,149 632,326
Total Internal Service 3,734,211 7,383,685 7,122,394 3,995,502
Capital Improvement:
General 290,392 245,000 402,950 132,442
Utility 1,722,152 644,070 1,230,000 1,136,222
Sewer Rehabilitation 31,400 315,000 330,000 16,400
1998 GO Bond Fund 6,000 6,000
2000 GO Bond Fund 174,607 170,000 4,607
2002 GO Bond Fund (23,621 ) 24,000 379
2004 C/O Bond Fund 1,268,081 50,000 1,318,081
2005 C/O Bond Fund 802,453 20,000 675,000 147,453
2005 GO Bond Fund 457,947 50,000 459,400 48,547
2006 C/O Bond Fund 161,903 100,000 260,000 1,903
2006 GO Bond Fund 4,000 12,000 16,000
Other Infrastructure 657,819 41,500 699,319
Total Capital Improvement 5,547,133 1,507,570 3,533,350 3,521,353
Debt Service:
General 1,702,319 2,697,580 2,798,294 1,60 I ,605
Utility 1,111,540 50,000 494,328 667,212
La Porte Area Water Authority 760,700 760,700
Total Debt Service 2,813,859 3,508,280 4,053,322 2,268,817
Total All Funds 29,173,627 53,108,334 54,784,832 27,497,129
EXHIBIT B
(AMENDED BUDGET)
City of La Porte
Consolidated Summary of All Funds
Working Working
Capital FY 06-07 FY 06-07 Capital
09/30/06 Revenues Expenses 09/30/07
Governmental Fund Types:
General Fund 9,634,199 28,163,288 28,463,598 9,333,889
Grant Fund 374,900 710,223 780,077 305,046
HotellMote1 Occupancy Tax 336,927 334,500 468,707 202,720
Conununity Investment 634,075 180,809 156,500 658,384
Section 4B Sales Tax 3,788,056 1,340,886 907,180 4,221,762
Tax Increment Reinvestment 171,304 46,280 36,720 180,864
Total Governmental Types 14,939,461 30,775,986 30,812,782 14,902,665
Enterprise:
Utility 42,176 7,503,541 6,799,112 746,605
Sylvan Beach 129,038 208,360 208,360 129,038
Airport 337,875 45,228 190,248 192,855
La Porte Area Water Authority 1,687,721 1,344,916 1,631,110 1,401,527
Golf Course (57,847) 1,193,500 1,193,500 (57,847)
Total Enterprise 2,138,963 10,295,545 10,022,330 2,412,178
Internal Service
Motor Pool 2,016,511 1,853,966 1,457,154 2,413,323
Insurance Fund 847,924 4,478,020 4,376,091 949,853
Technology Fund 869,776 1,051,699 1,293,949 627,526
Total Internal Service 3,734,211 7,383,685 7,127,194 3,990,702
Capital Improvement:
General 290,392 290,354 448,304 132,442
Utility 1,722,152 644,070 1,244,337 1,121,885
Sewer Rehabilitation 31,400 315,000 330,000 16,400
1998 GO Bond Fund 6,000 6,000
2000 GO Bond Fund 174,607 170,000 4,607
2002 GO Bond Fund (23,621) 24,000 379
2004 C/O Bond Fund 1,268,081 50,000 1,318,081
2005 C/O Bond Fund 802,453 20,000 675,000 147,453
2005 GO Bond Fund 457,947 50,000 459,400 48,547
2006 C/O Bond Fund 161,903 230,000 390,000 1,903
2006 GO Bond Fund 4,000 12,000 16,000
Other Infrastructure 657,819 41,500 699,319
Total Capital Improvement 5,547,133 1,682,924 3,723,041 3,507,016
Debt Service:
General 1,702,319 2,697,580 2,798,294 1,601,605
Utility 1,111,540 50,000 494,328 667,212
La Porte Area Water Authority 760,700 760,700
Total Debt Service 2,813,859 3,508,280 4,053,322 2,268,817
Total All Funds 29,173,627 53,646,420 55,738,669 27,081,378