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Home My WebLink AboutO-2005-2762-E (original in 2004) ',,- Interoffice Memorandum City of La Porte To: Mayor and City Council Subject: Budget Adjustment From: Debra Brooks Feazelle, City Manager Date: April 7, 2005 The attached budget adjustment is for the one-time projects discussed at budget retreat that you requested come back to you for action. Any or all items may be approved or pulled at this time. If we missed one, please advise. As always, call if you have questions. DBF/db Attachments c: John Joerns Cynthia Alexander .,jj~oJuM I ~ ~ovll it! j j 1PvJ l'~ q . ~~~-Wi cL ~- REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: April 11, 2005 Appropriation Requested By: Cynthia B. Alexander Source of Funds: N/ A Department: Finance Account Number: N/A Report: Resolution: Ordinance: xx Amount Budgeted: N/A Exhibits: Ordinance Amount Requested: N/A Exhibits: Explanations Budgeted Item: YES NO Exhibits: SUMMARY & RECOMMENDATION The City Council adopted the Fiscal Year 2004-05 Budget on August 23,2004. The Summary of Funds, which is shown below, represents the amendments which council previously approved to the FY 2004-05 Budget. (*denotes funds with current changes) Previously Proposed Original Budget Amended Budget Amended Budget General Fund $ 25,397,585 $ 25,504,963 $ 25,504,963 Grant Fund 206,871 366,233 366,233 Hotel/Motel Occupancy Tax 296,000 336,750 411,015 * Community Investment 120,000 120,000 120,000 La Porte Development Corporation 280,050 280,050 280,050 Tax Increment Reinvestment Zone 33,000 33,000 33,000 Utility 7,083,190 7,083,190 7,083,190 Sylvan Beach 248,491 248,491 248,491 Airport 71,080 71,080 71 ,080 La Porte Area Water Authority 1,012,940 1,012,940 1,012,940 Golf Course 1,171,206 1,171,206 1,171,206 Motor Pool 1,989,806 1,989,806 1,989,806 Technology Fund 4,345,783 4,345,783 4,375,783 * Insurance Fund 988,087 988,087 988,087 General Capital Improvement 405,296 942,763 1,060,913 * Utility Capital Improvement 1,345,000 1,345,000 1,345,000 Sewer Rehabilitation Capital Improvement 350,000 350,000 350,000 Infrastructure Fund 0 0 0 1998 General Obligation Bond Fund 151,953 151,953 151,953 2000 General Obligation Bond Fund 165,000 165,000 165,000 2002 General Obligation Bond Fund 0 0 0 General Debt Service 1,951,586 1,951,586 1,951,586 Utility Debt Service 608,162 608,162 608,162 La Porte Area Water Authority Debt Service 771.588 771.588 771.588 Total of All Funds $ 48,992,674 $ 49,837,631 $ 50,060,046 Action Required bv Council: Adopt Ordinance Amending Fiscal Year 2004-05 Budget for the items added back during the pre-budget workshop. Approved for City Council Ae:enda Debra B. Feazelle, City Manager Date Decision Information for City Council Reserves Reserve for City Council Future Projects $ 425,334 Add Backs Beautification Signage CIP * Communications Equipment Summer Youth Program Cemetary (Matching Grant) Police DOT Scales Mainstreet - Seed money for Downtown Improvements Total 83,150 30,000 25,000 35,000 43,500 40,000 256,650 Remaining Reserve for City Council Future Projects $ 168,684 * Large sign to be taken from Hotel/Motel Fund ($80,700) Reserve for Insurance Plan Amount Used $ 310,000 28,000 Remaining Reserve for Insurance Plan $ 282,000 Projects Discussed for Analysis for Budget 2006 Presentation Renovation of Lomax City Hall Rodeo Arena Roof Texas Avenue Sidewalk Replacement ORDINANCE NO. 2004-2762-E AN ORDINANCE APPROVING AND ADOPTING THE BUDGET FOR THE CITY OF LA PORTE, TEXAS, FOR THE PERIOD OF OCTOBER 1,2004 THROUGH SEPTEMBER 30,2005; 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, 2004, through September 30, 2005, has heretofore been presented to the City Council and due deliberation had thereon, was filed in the office of the City Secretary on July 26, 2004, and a public hearing scheduled for August 23, 2004 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 attached hereto by reference as Exhibit "A", is hereby amended as the Budget for the said City of La Porte, Texas, for the period of October 1, 2004, through September 30, 2005. 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 11th day of March, 2005. gmT fM1t~ Martha Gillett, City Secretary CITY OF LA PORTE, TEXAS ~y~ Alton Porter, Mayor AJ1'50VED: . ~ fA/: ~_;. Knox Askins, City Attorney / /. ~ /1./- h:!J (/WtV'C T ~ - ,{ i}lT. C I" rY .I1,/Y'.