HomeMy WebLinkAboutO-2015-3567 amend FY 2014-2015 Budget ORDINANCE
AN ORDINANCE APPROVING AN AMENDMENT TO THE BUDGET FOR THE CITY OF LA PORTE,
TEXAS, FOR THE PERIOD OF OCTOBER 1, 2014 THROUGH SEPTEMBER 30, 2015; 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, 2014, through September 30, 2015, has
heretofore been presented to the City Council and due deliberation had thereon, was filed in the office
of the City Secretary on July 28, 2014, and a public hearing scheduled for September 8, 2014 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, 2014, through September 30, 2015.
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 26th day of January, 2015.
CITY OF A P EXAS
Loui R. igby, ay r
AST:
Patrice Fogarty, C6ecretar)(
APPROVED:
Clark Askins, Assistant City Attorney
EXHIBIT A
(ORIGINAL BUDGET)
City of La Porte
Consolidated Summary of All Funds
FY 14-15 FY 14-15
Revenues Expenses
Governmental Fund Types:
General Fund $ 41,057,475 $ 42,524,058
Grant Fund 409,287 502,678
Street Maintenance Sales Tax 1,105,715 795,000
Emergency Services District 1,104,815 1,322,638
Hotel/Motel Occupancy Tax 576,500 826,039
Economic Development Corporal 2,213,130 1,418,611
Tax Increment Reinvestment 2,688,633 2,807,737
Total Governmental Types 49,155,555 50,196,761
Enterprise:
Utility 8,079,000 8,056,291
Airport 59,500 47,496
La Porte Area Water Authority 1,284,359 1,129,481
Total Enterprise 9,422,859 9,233,268
Internal Service
Motor Pool 2,668,048 3,130,099
Insurance Fund 5,781,791 6,247,649
Technology Fund 477,688 220,000
Total Internal Service 8,927,527 9,597,748
Capital Improvement:
General 1,020,000 1,615,000
Utility 2,100,500 1,175,000
Sewer Rehabilitation 300,500 350,000
Drainage Improvement Fund 267,750 240,000
2010 C/O Bond Fund - 280,000
Total Capital Improvement 3,688,750 3,660,000
Debt Service:
General 4,228,560 4,358,723
Utility 277,726 277,226
La Porte Area Water Authority 691,838 691,838
Total Debt Service 5,198,124 5,327,787
Total All Funds $ 76,392,815 $ 78,015,564
EXHIBIT B
(AMENDED BUDGET)
City of La Porte
Consolidated Summary of All Funds
FY 14-15 FY 14-15
Revenues Expenses
Governmental Fund Types:
General Fund $ 41,057,475 $ 42,612,320
Grant Fund 999,447 1,092,838
Street Maintenance Sales Tax 1,105,715 795,000
Emergency Services District 1,104,815 1,390,917
Hotel/Motel Occupancy Tax 576,500 826,039
Economic Development Corporal 2,213,130 1,518,611
Tax Increment Reinvestment 2,688,633 2,807,737
Total Governmental Types 49,745,715 51,043,462
Enterprise:
Utility 8,079,000 8,064,075
Airport 59,500 77,496
La Porte Area Water Authority 1,284,359 1,129,481
Total Enterprise 9,422,859 9,271,052
Internal Service
Motor Pool 2,668,048 3,161,805
Insurance Fund 5,781,791 6,247,649
Technology Fund 477,688 269,600
Total Internal Service 8,927,527 9,679,054
Capital Improvement:
General 1,020,000 1,615,000
Utility 2,100,500 1,175,000
Sewer Rehabilitation 300,500 350,000
Drainage Improvement Fund 267,750 240,000
2010 C/O Bond Fund - 280,000
Total Capital Improvement 3,688,750 3,660,000
Debt Service:
General 5,832,377 4,358,723
Utility 277,726 277,226
La Porte Area Water Authority 691,838 691,838
Total Debt Service 6,801,941 5,327,787
Total All Funds $ 78,586,792 $ 78,981,355