(8)(e)
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 10/07/2020
- Title:
- Amend fiscal year 2020-2021 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 2020-2021 budget.
BACKGROUND
A budget amendment is needed to appropriate funds for the third and final phase of the water meter replacement project.
The contractor's proposal is attached.
Funds will come from the Utility Fund's fund balance.
The contractor's proposal is attached.
Funds will come from the Utility Fund's fund balance.
ANALYSIS
Budget amendment is as follows:
Utility Fund (501) Water Distribution (705):
Capital Equipment $2,282,615.00
Fund Balance ($2,282,615.00)
Utility Fund (501) Water Distribution (705):
Capital Equipment $2,282,615.00
Fund Balance ($2,282,615.00)