Agenda No. 6.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | March 10, 2020 |
| Department: | City Secretary |
| Subject: | Resolution No. 20-R-29 - Consideration and/or action approving a Resolution amending the Schertz/Seguin Local Government Corporation (SSLGC) Fiscal Year 2019-2020 Annual Budget. (C. Kelm/S. Williams) |
BACKGROUND
On June 25, 2019, City Council approved Resolution No. 19-R-77 the Schertz/Seguin Local Government Corporation Fiscal Year 2019-2020 Annual Budget.
On February 20, 2020, the Schertz/Seguin Local Government Corporation approved Resolution #SSLGC R20-03 amending their budget in the Amount of $31,147 to re-appropriate funds for the purchase of a truck that was lost in FY2019 due to a grass fire. The truck was ordered in July 2019, but not received until after October 1, 2019. The Board of Directors of the Schertz/Segun Local Government Corporation found this budget adjustment is required because of unanticipated changes and unforeseen conditions.
On February 20, 2020, the Schertz/Seguin Local Government Corporation approved Resolution #SSLGC R20-03 amending their budget in the Amount of $31,147 to re-appropriate funds for the purchase of a truck that was lost in FY2019 due to a grass fire. The truck was ordered in July 2019, but not received until after October 1, 2019. The Board of Directors of the Schertz/Segun Local Government Corporation found this budget adjustment is required because of unanticipated changes and unforeseen conditions.
GOAL
To approve the amended Schertz/Seguin Local Government Corporation budget amendment for Fiscal Year 2019-2020.
COMMUNITY BENEFIT
To provide the lowest cost for vehicle replacement purchased for the Schertz/Seguin Local Government Corporation (SSLGC) to help ensure the highest level of service of providing water to Schertz residents and businesses.
SUMMARY OF RECOMMENDED ACTION
Staff recommends approval of the Resolution amending the Schertz/Seguin Local Government Corporation Fiscal Year 2019-2020 Annual Budget to re-appropriate funds for the purchase of a truck lost in FY2019 due to a grass fire.
FISCAL IMPACT
Costs associated with purchasing this truck will be paid for out of the appropriate funds of The Schertz/Seguin Local Government Corporations budget.
RECOMMENDATION
Approval of Resolution No. 20-R-29.