Title
Consider and take action on an ordinance amending the City of League City, Texas, Governmental, Proprietary, and Capital Funds Budget for Fiscal Year 2017 by amending Ordinance No. 2016-30 and Ordinance No. 2017-02 to adjust the operating and capital budget for actual and projected expenditures (Assistant City Manager)
Staff requests first and final reading.
Background:
The proposed ordinance requests adjustments to the General Fund with a $278,259 increase and the Capital Budget with a $390,950 increase.
If approved, the proposed ordinance would amend the City’s FY 2017 budget to incorporate proposed adjustments for:
· 3D Leica Scanner Grant: $116,440 increase to Police equipment for the purchase of a 3D Leica Scanner equipment funded with a grant approved by Council 3/8/16 Item 10A.
· Solid Waste Grant: $111,819 increase to Solid Waste contract services for expenses related to the household hazardous waste collection event at Gulf Greyhound Park on April 8, 2017. These expenses are funded with an HGAC grant approved by Council 12/13/16 Item 10D ($87,523); Republic Waste contribution ($22,609); and the remaining ($1,688) from penalties assessed for missed trash pickup.
· SETH Grant: $50,000 increase to Planning department - Direct Housing Rehab for expenses related to residential housing repairs and improvements to qualified grant candidates. These expenses are funded with a Southeast Texas Housing Rehabilitation Grant.
· Capital Budget:
o $390,950 increase in Wastewater Capital Recovery Funding to the Utility Debt Service Fund to pay for a portion of the 2008 Revenue Bond. This bond was used to construct SWWRF, Dallas Salmon WWTP Expansion, and the Magnolia Creek FM Diversion projects. These projects capital recovery fee (CRF) contribution was analyzed and determined to qualify for an additional $1.95M in CRF expenses. The total of $1.95M was broken into five annual transfers of $390,950. The first transfer was made in FY2016 with ...
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