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HomeMy WebLinkAboutO-2004-2762-K c REQUEST FOR CITY COUNCIL AGENDA ITEM Requested By: C nthia B. Alexander N/A Department: Finance Account Number: N/A Report: Resolution: _Ordinance:-K- Amount Budgeted: N/A Exhibits: tJ ( P, 1\ a Y\ {} C" Amount Requested: N/A Exhibits: Budgeted Item: YES NO Exhibits: f-Y-h I b ({ A SUMMARY & RECOMMENDATION The City Council adopted the Fiscal Year 2005~06 Budget on August 22, 2005. The Summary of funds, which is shown below, represents the amendments which council previously approved to the FY-2005-06 Budget. (*denotes funds with current changes) Original Budget Previously Proposed Amended Budget Amended Budget General Fund $25,987,077 $26,756,553 $26,756,553 Grant Fund 2,793,931 2,886,382 2,936,882* Hotel/Motel Occupancy Tax 334,280 472,143 472,143 Community Investment 190,000 190,000 190,000 La Porte Development Corporation 740,060 740,060 740,060 Tax Increment Reinvestment Zone 36,000 36,000 36,000 Utility 6,774,071 6,811,224 6,811,224 Sylvan Beach 208,683 216,881 216,881 Airport 241,443 241,443 241,443 La Porte Area Water Authority 1,693,956 1,693,956 1,693,956 Go If Course 1,240,740 1,241,835 1,241,835 Motor Pool 1,661,304 2,455,900 2,455,900 Insurance Fund 4,017,103 4,017,103 4,017,103 Technology Fund 956,611 958,068 958,068 General Capital Improvement 433,500 459,485 459,485 Utility Capital Improvement 715,000 732,950 732,950 Sewer Rehabilitation Capital Improvement 330,000 330,000 330,000 Infrastructure Fund 705,000 705,000 705,000 1998 General Obligation Bond Fund 1,207,639 1,207,639 1,207,639 2000 General Obligation Bond fund 1,160,000 1,660,000 1,660,000 2002 Certificate of Obligation Bond Fund 732,789 732,789 732,789 2004 General Obligation Bond Fund 10,000 10,000 10,000 2005 General Obligation Bond Fund 7,700,000 7,700,000 7,700,000 2005 Certificate of Obligation Bond Fund 1,800,000 1,800,000 1,800,000 General Debt Service 2,190,671 2,190,671 2,190,671 Utility Debt Service 381,712 381,712 381,712 La Porte Area Water Authority Debt Service 77L719 77L719 77L719 Total of All Funds $65,013,289 $67,399,513 $67,450,013 lof2 Action Required bv Council: Adopt Ordinance Amending Fiscal Year 2005-06 Budget to amend grant fund by $50,500 due to funding from Governor's Division of Emergency Management and US Dept of Homeland Security. Approved for City Council Aeenda 4--(J -0/0 Date 20f2 ORDINANCE NO. 2762-K AN ORDINANCE AMENDING THE FISCAL YEAR 2005 - 06 ADOPTED BUDGET OF THE CITY OF LA PORTE, PROVIDING A SEVERABILITY CLAUSE, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. Consistent with Chapter 102, Section 102.010 of the Local Government Code, the Budget adopted by the City Council of the City of La Porte on the 22nd day of August, 2005, in Ordinance No. 2005-2836, is hereby amended. The Budget as amended is attached to this Ordinance as Exhibit "A" and is incorporated by reference herein as if set forth herein verbatim. Sec tion 2. 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 3. If any section, sentence, phrase, clause, or any part of any section, sentence, phrase, or clause, of this Ordinance shall, for any reason, be held invalid, such invalidity shall not affect the remaining portions of this Ordinance, and it is hereby declared to be the intention of this city Council to have passed each section, sentence, phrase, or clause, or part thereof, irrespective of the fact that any other section, sentence, phrase, or clause, or part thereof, may be declared invalid. Section 4. This Ordinance shall be effective upon its passage and approval, and it is so ordered. The City Secretary shall cause the Budget as amended to be filed with the County Clerk of Harris County, Texas, and copies of the amended Budget to be readily available to City Departments, as well as the general public. PASSED AND APPROVED, this~~day of ~, 2006. CI~ OF LA _p~. TE By: ~.\?~ Alton E. Porter, Mayor ATTEST: Lf!laJXibv~ 4/114 Martha A. Gillett City Secretary ~u APPROVED: Knox W. Askins City Attorney 2