Title
Consider and take action on an ordinance amending the City of League City, Texas, Governmental, Proprietary, and Capital Funds Budget for Fiscal Year 2025 by amending Ordinance No. 2024-30, Ordinance No. 2024-43, Ordinance No. 2025-07, and Ordinance No. 2025-20 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 zero change to the General Fund, $100,000 increase to the Asset Forfeiture Fund, a net decrease of $494,069 to the Utility Fund, and a decrease of $819,931 to the Utility Debt Service Fund.
If approved, the proposed ordinance would amend the City’s FY2025 budget to incorporate proposed adjustments for the following:
General Fund
City Attorney ($160,000): A reallocation of $160,000 requested to move funding from Non-Departmental to City Attorney to cover anticipated legal services in FY2025.
Facilities ($30,676): A reallocation of $30,676 is requested to move funding from Non-Departmental to Facilities Department to make emergency repairs to plumbing.
Utility Fund
Line Repair ($126,000): Increase of $126,000 requested to cover emergency repairs, and concrete supplies in FY2025. This is offset by a decrease of $30,000 to Non-Departmental.
Utility Billing ($400,000): Increase of $400,000 requested to cover anticipated Banking Fees in FY2025. This is offset by a decrease of $410,000 to the Transfer to CIP.
Water Production ($819,931): Increase of $819,931 to move GCWA debt payments for WT1502 City of Houston water line replacement from Utility Fund Debt Service fund. The City’s new external auditors requested these payments be shown in Water Contract Purchases. Funding for these payments is from water CRF funds, which will be transferred along with the expense.
Transfers ($1,400,000): Decrease of $1,400,000 in Transfer to Water/Wastewater Debt is requested due to not issuing debt ...
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