Texarkana City
TX

Ordinance
2006

Ordinance No. 2019-011 amending the Building Maintenance Fund (Fund 228) budget for fiscal year 2019 and adding the amount of EIGHT THOUSAND FORTY-SEVEN DOLLARS AND FORTY-TWO CENTS ($8,047.42) for revenue received in fiscal year 2019.

Information

Department:Finance DepartmentSponsors:
Category:Budget

Body

 

Updates/History of Briefing:

 

Not Applicable

 

Executive Summary and Background Information:

 

The City recently received two checks totaling $8,047.42 that were deposited into the Building Maintenance Fund (Fund 228).

 

Texas Municipal League               $4,207.42              Insurance payment for storm damage at the parks

Southern Diamond Fast Pitch              $3,840.00              Contribution for field conditioner

 

Because this revenue was not anticipated at the time the budget was established, it is not included in the budget for the fiscal year ending September 30, 2019. Staff is requesting that this revenue, along with an offsetting expenditure, be added to the budget for the Building Maintenance Fund (Fund 228) for the fiscal year ending September 30, 2019.

 

Potential Options:

·         Approve

·         Deny

 

Fiscal Implications:

Appropriation of current available fund balance.

 

Staff Recommendation:

Staff recommends approval

 

Advisory Board/Committee Review:

None

 

Board/Committee Recommendation: 

Not Applicable

 

Advisory Board/Committee Meeting Date and Minutes: 

Not Applicable

 

 

Meeting History

Jan 28, 2019 6:00 PM Video City Council Regular Meeting
RESULT:ADOPTED [UNANIMOUS]
MOVER:Jean H. Matlock, Ward 1
SECONDER:Christie Alcorn, Ward 4
AYES:Bob Bruggeman, Jean H. Matlock, Mary Hart, Betty Williams, Christie Alcorn, Josh Davis
ABSENT:Bill Harp