Title
Consider and take action on an ordinance amending the City of League City, Texas, Governmental, Proprietary, and Capital Funds Budget for Fiscal Year 2018 by amending Ordinance No. 2017-21, Ordinance No. 2017-31, Ordinance No. 2018-07, Ordinance No. 2018-13, Ordinance No. 2018-19 and Ordinance No. 2018-26 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 and an increase in the Municipal Court Building Security Fund of $682.
If approved, the proposed ordinance would amend the City’s FY2018 budget to incorporate proposed adjustments for:
General Fund
· Personnel Related Items - Budget reallocations to cover year-end overages:
o $59,793 is requested to be reallocated from Project Management to Streets & Traffic for the purchase of a Dri-Prime Pump approved by council on August 28, 2018 agenda 9A.
o $41,645 is requested to be reallocated from Information Technology to City Manager to cover overages in Personnel Services based on year-end actuals.
o $239,690 is requested to be reallocated from Fire to Police to cover year-end actuals.
o $4,922 is requested to be reallocated from Fire Marshal to Animal Control to cover year-end actuals.
o $5,580 is requested to be reallocated from Park Operations to Library to cover year-end actuals in Personnel Services.
· Transfer to Tax Increment: $31,455 is requested to be reallocated from Park Operations to General Fund Transfer to Tax Increment due to an increase in taxes collected over FY18 budgeted amount.
· Transfer to Disaster Preparedness: $75,000 for the transfer from savings in the Streets and Traffic department in the General Fund to the Disaster Preparedness Donated Fund. This transfer represents donated revenues incorrectly deposited to the General Fund that belong to...
Click here for full text