Ord 14-02
Ord 14-02
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 04/19/2017
- Title:
- Consider approval of a request to 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 approval of a request to amend the City of Texas City’s fiscal year 2016-2017 budget.
BACKGROUND
The City is entering into a bike share program with Zagster. The bikes will be located at Bay Street Park and the funding to start the program will come from dike revenue.
There will be 10 bikes purchased and Zagster will install and maintain the bikes and the related stations.
Please see the attached information from Zagster.
ANALYSIS
Budget amendment is as follows:
Texas City Dike Fund:
Maintenance of Equipment $18,000.00
Unassigned Fund Balance ($18,000.00)
Texas City Dike Fund:
Maintenance of Equipment $18,000.00
Unassigned Fund Balance ($18,000.00)