Budget Ordinance Amendment 1st Reading - Finance: Consider Budget Ordinance Amendment 36, amending the FY 2020-21 Budget for municipal purposes respecting the Lubbock Power and Light Fund for the addition of four full-time positions.
Item Summary
Amend Customer Service Cost Center 7514, by adding 4 additional full-time positions. The funding will be cash from Lubbock Power and Light Fund Balance.
Fiscal Impact
The expected financial impact to Cost Center 7514 is an additional $19,370 in salary and benefits for FY 2020-21 and an additional $256,964 for FY 2021-22.
Staff/Board Recommending
D. Blu Kostelich, Chief Financial Officer Cheryl Brock, Director of Financial Planning & Analysis