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, Ordinance No. 2017-02, Ordinance No. 2017-09, Ordinance No. 2017-17, Ordinance No. 2017-24, and Ordinance No. 2017-30 to adjust the operating and capital budget for actual and projected expenditures (Director of Budget & Project Management)
Staff requests first and final reading.
Background:
The proposed ordinance requests adjustments to the following funds: General Fund with zero net increase; Utility Fund with zero net increase; increase the appropriation to the Hurricane Harvey Fund; and increase the appropriation to Employee Benefit Fund.
If approved, the proposed ordinance would amend the City’s FY2017 operating budget as shown on Exhibit A to incorporate proposed adjustments for; departments that are fully staffed and are not able to meet vacancy savings targets, increased water contract purchases costs, property insurance, the transfer to tax increments and for year-end accrual of anticipated health insurance claims incurred in FY2017.
· Personnel Related Items - Vacancy Savings not met- Reallocations from other departments:
o $1,275 is requested to be reallocated from the Communications to Economic Development based on the year-end personnel services
o $36,040 is requested to be reallocated from the Fire Department to EMS based on year-end personnel services
· Water Contract Purchases: $119,000 reallocate from Line Repair savings in Utility System Repairs, Gasoline/Oil and Concrete, and Asphalt & Aggregate to Water department for increase in water contract purchases due to additional demand
· Transfer to Tax Increment: $109,630 reallocate from 380 Agreements to General Fund Transfer to Tax Increment for increase in taxes collected over the FY2017 budgeted amount
· Utility Fund Non-Departmental: $9,000 reallocate from Utility Billing postage savings to ...
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