HomeMy WebLinkAboutPO 6439: AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING 10/1/2014 AND ENDING 09/30/2015 FOR THE EQUIPMENT REPLACEMENT FUND City of Port Arthur
Finance Department
Memorandum
To: Brian McDougal, City Manager
From: Deborah Echols, Director of Finance pit
Date: January 29, 2015
Re: P.O. 6439 - An Ordinance Amending the Budget to fund unanticipated
operating costs in the Equipment Replacement Fund
Presented for City Council consideration and approval is Proposed Ordinance 6439
amending the City's 2014-2015 Equipment Replacement fund budget by $103,000 to
fund the cost of the 2015 payments of a capital lease for a compactor for the landfill and
to pay for shipping, freight and cost/estimate differentials on various approved
equipment.
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P. O. NO. 6439
DE 01.29.15
ORDINANCE NO.
AN APPROPRIATION ORDINANCE AMENDING THE
BUDGET FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015
FOR THE EQUIPMENT REPLACEMENT FUND BY
$103,000.00 IN ORDER TO FUND THE CAPITAL LEASE
FOR A COMPACTOR FOR THE LANDFILL, AND TO
FUND THE COST OF FREIGHT, SHIPPING AND OTHER
COST/ESTIMATE DIFFERENTIALS OF VARIOUS
APPROVED EQUIPMENT
WHEREAS, in accordance with Article XII, Section 9, of the City Charter, the City Council may
make emergency appropriations from time to time; and
WHEREAS, the City Council may make budget amendments for emergencies under Section
102.009 and for Municipal purposes under Section 102.010 Local Government Code; and
WHEREAS, on September 22, 2014, the City Council approved and adopted Ordinance 14-37
which appropriated the 2014-2015 budget; and
WHEREAS, $103,000 additional funding is needed in the Equipment Replacement Fund for
Capital Lease payments for a compactor for the landfill, $93,000 and to fund the cost of freight,
shipping and other cost/estimate differentials of various approved equipment, $10,000.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
PORT ARTHUR:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That the Equipment Replacement Fund budget be increased $103,000.
Section 3. That Section 9 of Ordinance 14-37 be amended to read:
That there be and is hereby appropriated the sum of Two Million, One Hundred Fifty Six
Thousand, Nine Hundred Twenty Six Dollars ($2,156,926) to the Equipment Replacement Fund for the
purchase of capital equipment.
Section 4. That a copy of the caption of this Ordinance be spread upon the minutes of the City
Council.
Section 5. That this Ordinance shall be effective immediately.
READ, ADOPTED, AND APPROVED, this day of February, 2015 AD, at a Regular
Meeting of the City Council of the City of Port Arthur, Texas by the following vote:
Ayes: Mayor
Councilmembers:
NOES:
Deloris Prince, Mayor
ATTEST:
Sherri Bellard, City Secretary
APPROVED AS TO FORM:
OlJ/ i
Valecia Tizeno, !�' Attorney
APPROVED FOR ADMINISTRATION:
Brian McDougal, City Manager
1.44MilkiAZI
Deborah Howey ols, CPA, Director of Finance
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