HomeMy WebLinkAboutO-2004-2762-K
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REQUEST FOR CITY COUNCIL AGENDA ITEM
Requested By: C nthia B. Alexander
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Department: Finance
Account Number:
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Report: Resolution: _Ordinance:-K-
Amount Budgeted:
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Exhibits: tJ ( P, 1\ a Y\ {} C"
Amount Requested:
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Exhibits:
Budgeted Item:
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NO
Exhibits:
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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
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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
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APPROVED:
Knox W. Askins
City Attorney
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