(7)(a)
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 03/15/2017
- Title:
- Amend the City of Texas City's Fiscal Year 2016-17 Budget
- Submitted For:
- Laura Boyd
- Submitted By:
- Laura Boyd, Finance
- Department:
- Finance
Information
ACTION REQUEST (Brief Summary)
Consider and take action on Ordinance No. 17-02, amending the City of Texas City's Fiscal Year 2016-17 Budget to appropriate funds for the purchase of additional asphalt. (Finance)
BACKGROUND
A budget amendment is needed to appropriate funds to purchase additional asphalt to accommodate the increase in road repair projects.
Funds will come from the General Fund unassigned fund balance.
ANALYSIS
Budget amendment is as follows:
General Fund (fund 101):
Asphalt $200,000.00
Unassigned Fund Balance ($200,000.00)
General Fund (fund 101):
Asphalt $200,000.00
Unassigned Fund Balance ($200,000.00)