Ord 14-03
Ord 14-03
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 02/19/2020
- Title:
- Consider approval of a request to amend the City of Texas City’s fiscal year 2019-20 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 2019-20 budget.
BACKGROUND
A budget amendment is needed to appropriate additional funds for Carver Park ball fields lighting project.
Soil conditions require a change in the lighting foundations. This change is increasing the cost of the project by $14,950.
See the attached testing results and budget amendment request.
ANALYSIS
Funding for the Carver Park ball fields lighting project is from Texas City Economic Development Corporation (TCEDC) which was approved in the original FY 2019/2020 adopted budget.
This budget amendment is from the TCEDC's unassigned fund balance.
TCEDC (Fund 801):
Park Improvements $14,950.00
Unassigned Fund Balance ($14,950.00)
This budget amendment is from the TCEDC's unassigned fund balance.
TCEDC (Fund 801):
Park Improvements $14,950.00
Unassigned Fund Balance ($14,950.00)