08-23
08-23
CITY COMMISSION AGENDA 2
- Meeting Date:
- 06/04/2008
- Title:
- Consider approval of a request to amend the City of Texas City’s fiscal year 2007/2008 budget.
- Submitted For:
- Cheryl Hunter
- Submitted By:
- Cheryl Hunter, Finance
- Department:
- Finance
ACTION REQUEST (Brief Summary)
Consider approval of a request to amend the City of Texas City’s fiscal year 2007/2008 budget.
BACKGROUND
A budget amendment is needed to provide additional funding for the Recreation & Tourism's 2007/08 budget. Additional funding is needed in the line items Utilities (101-401-53200) and Building Maintenance (101-401-53540). The Utilities budget will need an additional $200,000 due to the increase cost in electricity for the Natatorium, and the Building Maintenance budget will need an additional $100,000 for the replacement of A/C units and the installation of an alarm system for the Convention & Lowry Centers.
ANALYSIS
The budget amendment is as follows:
| General Fund (101)-Recreation & Tourism (401): | |
| 101-401-53200-Utilities |
$200,000 |
|
101-401-53540-Maintenance-Bldg & Grounds |
$100,000 |
|
101-000-79999-Undesignated Budget Balance |
<$300,000> |