HomeMy WebLinkAboutO-2010-3267 amend 2009-2010 FY Budget
B
REQUEST FOR CITY COUNCIL AGENDA ITEM
Agenda Date Requested: August 23, 2010
Requested By: Michael Dolby, CPA
Department: Finance
Report:
Resolution:
Ordinance:
xx
Exhibits: Ordinance
Exhibits: Excerpt from FY 2010 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 Amendment
SUMMARY & RECOMMENDATION
The City Council adopted the Fiscal Year 2009-10 Budget on September 21, 2009.
The Summary of Funds, which is shown below, represents the amendments which council previously approved to
the FY 2009-10 Budget. (*denotes funds with current changes)
General Fund
Grant Fund
Street Maintenance Sales Tax Fund
Community Investment
Hotel/Motel Occupancy Tax
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
Drainage Improvement Fund
2004 Certificate of Obligation Bond Fund
2005 Certificate of Obligation Bond Fund
2005 General Obligation Bond Fund
2006 Certificate of Obligation Bond Fund
2007 Certificate of Obligation Bond Fund
2010 Certificates of Obligation Bond Fund
Transportation & Other Infrastructure Fund
General Debt Service
Utility Debt Service
La Porte Area Water Authority Debt Service
Total of All Funds
Previously
Original Budget Amended Budget
$ 32,894,465
2,160,353
700,000
344,700
977,522
1,910,464
1,413,966
7,740,176
3,500
22,368
974,545
1,360,393
1,969,367
4,497,908
1,184,405
2,255, I 00
105,000
350,000
169,000
376,570
256,503
16,219
966,497
1,125,492
9,600,000
504,000
4,076,755
326,314
740,456
$ 79,022,038
$ 33,049,924
2,628,903
700,000
433,771
1,003,281
1,912,674
1,413,966
7,708,571
3,500
22,368
974,545
1,364,643
1,969,367
4,497,908
1,221,111
2,543,600
257,000
408,168
169,000
376,570
256,503
16,219
966,497
1,125,492
9,600,000
561,000
4,076,755
326,314
740,456
$ 80,328,106
Proposed
Amended Budget
$ 33,049,924
2,653,976 *
700,000
433,771
1,003,281
1,912,674
1,413,966
7,708,571
3,500
22,368
974,545
1,364,643
1,969,367
4,497,908
1,221,111
2,543,600
257,000
408,168
169,000
376,570
256,503
16,219
966,497
1,125,492
9,600,000
561,000
4,076,755
326,314
740,456
$ 80,353,179
Action Required bv Council:
Adopt Ordinance Amending Fiscal Year 2009-10 Budget for $25,073 in the Grant Fund. ($23,073 for LEOSE
Funds and $2,000 for Animal Control donation expenditures)
a/9/to
Date
ORDINANCE NO. 2010- 3 J. LP 7
AN ORDINANCE APPROVING AN AMENDMENT TO THE BUDGET FOR THE CITY OF LA PORTE,
TEXAS, FOR THE PERIOD OF OCTOBER 1,2009 THROUGH SEPTEMBER 30, 2010; 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, 2009, through September 30, 2010, 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, 2009, and a public hearing scheduled for September 21, 2009 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, 2009, through September 30, 2010.
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 th~ day of Ift,l~t.td- , 2010.
ATTEST:
~~reta~
APP~
AliTft /
cic. P. . s, Assistant City Att~
EXHIBIT A
(ORIGINAL BUDGET)
City of La Porte
Consolidated Summary of All Funds
FY 09-10 FY 09-10
Revenues Expenses
Governmental Fund Types:
General Fund 32,894,465 32,894,465
Grant Fund 1,995,712 2,160,353
Street Maintenance Sales Tax 726,845 700,000
Community Investment 231,361 344,700
Hotel/Mote1 Occupancy Tax 495,100 977,522
Section 4B Sales Tax 1,476,490 1,910,464
Tax Increment Reinvestment 1,403,304 1,413,966
Total Governmental Types 39,223,277 40,401,470
Enterprise:
Utility 8,288,732 7,740,176
Sylvan Beach 3,500
Airport 51,875 22,368
La Porte Area Water Authority 1,227,771 974,545
Golf Course 1,171,150 1,360,393
Total Enterprise 10,739,528 10,100,982
Internal Service
Motor Pool 2,218,600 1,969,367
Insurance Fund 4,214,727 4,497,908
Technology Fund 1,191,597 1,184,405
Total Internal Service 7,624,924 7,651,680
Capital Improvement:
General 1,525,000 2,255,100
Utility 592,500 105,000
Sewer Rehabilitation 301,600 350,000
Drainage Improvement Fund 290,500 169,000
2004 C/O Bond Fund 376,570
2005 C/O Bond Fund 256,503
2005 GO Bond Fund 16,219
2006 C/O Bond Fund 966,497
2007 C/O Bond Fund 1,125,492
2009 C/O Bond Fund 9,631,481 9,600,000
Other Infrastructure 10,600 504,000
Total Capital Improvement 12,351,681 15,724,381
Debt Service:
General 4,089,272 4,076,755
Utility 321,596 326,314
La Porte Area Water Authority 740,456 740,456
Total Debt Service 5,151,324 5,143,525
Total All Funds 75,090,734 79,022,038
EXHIBIT B
(AMENDED BUDGET)
City of La Porte
Consolidated Summary of All Funds
FY 09-10 FY 09-10
Revenues Expenses
Governmental Food Types:
General Fund 32,894,465 33,049,924
Grant Food 2,380,550 2,653,976
Street Maintenance Sales Tax 726,845 700,000
Cornmooity Investment 231,361 433,771
HotellMotel Occupancy Tax 495,100 1,003,281
Section 4B Sales Tax 1,476,490 1,912,674
Tax Increment Reinvestment 1,403,304 1,413,966
Total Governmental Types 39,608,115 41,167,592
Enterprise:
Utility 8,288,732 7,708,571
Sylvan Beach 3,500
Airport 51,875 22,368
La Porte Area Water Authority 1,227,771 974,545
Golf Course 1,171,150 1,364,643
Total Enterprise 10,739,528 10,073,627
Internal Service
Motor Pool 2,218,600 1,969,367
Insurance Food 4,214,727 4,497,908
Technology Food 1,191,597 1,221,111
Total Internal Service 7,624,924 7,688,386
Capital Improvement:
General 1,813,500 2,543,600
Utility 592,500 257,000
Sewer Rehabilitation 301,600 408,168
Drainage Improvement Food 290,500 169,000
2004 C/O Bond Food 376,570
2005 C/O Bond Fund 256,503
2005 GO Bond Food 16,219
2006 C/O Bond Fund 966,497
2007 C/O Bond Food 1,125,492
2009 C/O Bond Food 9,631,481 9,600,000
Other Infrastructure 10,600 561,000
Total Capital Improvement 12,640,181 16,280,049
Debt Service:
General 4,089,272 4,076,755
Utility 321,596 326,314
La Porte Area Water Authority 740,456 740,456
Total Debt Service 5,151,324 5,143,525
Total All Foods 75,764,072 80,353,179