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10-28
10-28
CITY COMMISSION AGENDA
Meeting Date:
11/17/2010
Title:
Consider approval of a request to amend the City of Texas City’s fiscal year 2010-11 budget.
Submitted For:
Laura Boyd, Finance
Submitted By:
Laura Boyd, Finance
Department:
Finance

ACTION REQUEST (Brief Summary)

Consider approval of a request to amend the City of Texas City’s fiscal year 2010-11 budget.

BACKGROUND

A budget amendment is needed to accept funds of $3,000,000.00 from Galveston County for use in maintaining the road and shoulders of Texas City Dike Road.  City of Texas City Ordinance 10-24 approved by the city commission on September 15, 2010 references the funds to be received from Galveston County for Dike Road maintenance.  Galveston County approved the distribution of funds in their meeting November 10, 2010. 

ANALYSIS

Budget amendment is as follows:

Texas City Dike Fund:
279-000-48350-Contributions(from county)    $3,000,000.00
279-301-55250-Street Improvements           <$3,000,000.00>

ALTERNATIVES CONSIDERED


Fiscal Impact

Attachments