Ord 08-44
Ord 08-44
CITY COMMISSION AGENDA 2
- Meeting Date:
- 11/05/2008
- Title:
- Ordinance amending the 2008-09 Budget for the Sanitary Sewer Project with BP Chemical.
- 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 2008/2009 budget.
BACKGROUND
A budget amendment is needed to provide funding for the Sanitary Sewer Extension to BP Amoco Company Facility project. As outlined in Resolution 08-093, expenses for the project, which total $492,200 will be reimbursed and donated by BP Amoco. Information regarding the details of this project can be found with Resolution 08-093.
ANALYSIS
The budget amendment is as follows:
| Sewer Revenue Fund (510): | |
| 510-702-55680-09003-Sewer Line Improvements-BP Amoco |
$492,200 |
| 510-000-48395-Contributed Assets by Donations |
<$492,200> |