(7)(b)
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 07/05/2017
- 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 and take action on Ordinance No. 17-20, amending the City of Texas City's Fiscal Year 2016-17 Budget to appropriate funds for Texas City Museum building maintenance.(Finance)
BACKGROUND
A budget amendment is needed to appropriate funds for needed Texas City Museum building maintenance. The building has water intrusion and signs of advanced stages of decay.
Funds will come from Hotel/Motel Tax Fund unassigned fund balance.
ANALYSIS
Budget amendment is as follows:
Hotel/Motel Tax Fund:
Building Maintenance $110,000.00
Unassigned Fund Balance ($110,000.00)
Hotel/Motel Tax Fund:
Building Maintenance $110,000.00
Unassigned Fund Balance ($110,000.00)