Title
Consider and take action on an ordinance amending the City of League City, Texas, Governmental, Proprietary, and Capital Funds Budget for Fiscal Year 2024 by amending Ordinance No. 2023-28, Ordinance 2023-33, Ordinance 2023-47, Ordinance 2023-48, & Ordinance 2023-49 to adjust the operating and capital budget for actual and projected expenditures (Assistant City Manager - CFO)
Staff requests approval on first and final reading.
Background:
The proposed ordinance requests a net increase of $1,185,125 and one full-time-equivalent (1 FTE) to the General Fund, $1 million to The Ballpark at League City fund, $1,102,889 to the Utility Debt Service Fund, and $625,788 to the capital budget.
If approved, the proposed ordinance would amend the City’s FY2024 budget to incorporate proposed adjustments for:
General Fund
Merit Increases ($1,354,254): $1,354,254 budgeted in General Fund Non-Departmental and then reallocated to each department based on actual merit and compensation study implementation increases. This is NOT an increase to the fund budget but a transfer from General Fund Non-Departmental ($1,354,254) to each department as allocated in the January 2024 merit implementation. See exhibit A of the ordinance for the allocation to each department.
City Attorney ($400,000):
A budget increase of $400,000 to cover estimated cost of litigations such as West FM 517, Big League Dreams, PID 5, Leticia Fuhr, Affinity Bayview, Jimmy Changas and MUD 6. Currently, the adopted budget for Professional Services is $100,000 and if approved the additional $400,000 will provide a total revised budget of $500,000. This expense is offset by savings in General Fund Transfers.
Information Technology ($90,489):
A budget increase of $90,489 for the purchase of portable Motorola radios through the awarding of a grant from the Urban Area Security Initiative (UASI) awarded on September 26,2023. This item was previously approved by City Council on 12/12/23, Item 6C. This expe...
Click here for full text