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Ordinance No. 13,503ORDINANCE NO. 13,503 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, MAKING A CHANGE IN THE CITY OF BAYTOWN'S FISCAL YEAR 2016-2017 BUDGET FOR MUNICIPAL PURPOSES IN ORDER TO REPROGRAM THREE HUNDRED FORTY-THREE THOUSAND SEVEN HUNDRED FIFTY-FIVE AND N0/100 DOLLARS ($343,755.00) IN UNFORESEEN/NEW INITIATIVES TO CONFERENCE CENTER TO BEGIN FUNDING CONFERENCE CENTER COSTS; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ****************************************************************************************** BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown hereby makes changes in the City of Baytown's Fiscal Year 2016-2017 Budget for municipal purposes to reprogram THREE HUNDRED FORTY- THREE THOUSAND SEVEN HUNDRED FIFTY-FIVE AND N0/100 DOLLARS ($343,755.00) in Unforeseen/New Initiatives to Conference Center to begin funding conference center costs, as more particularly described in Exhibit "A," which is attached hereto and incorporated herein for all tents and purposes. Section 2: This ordinance shall take effect immediately fromfaiyd after its passage by the City Council of the City of Baytown. P/ INTRODUCED, READ and PASSED by the affirmative vote,/6f 111F City Council of the City of Baytown this the 13'h day of July, 2017. �A ATTEST: LETICIA BRYSCH, dty Clerk APPROVED AS TO FORM: tjQ ACIO RAMIREZ, SR., C' y ttomey DONCARLOS, cobfs0l\legal\Karen\Files',City Council'•Ordinances\2017Vuly 13\BudgetChange22016-17FiscalYearBudget4ConferenceCenter.doc "EXHIBIT A" B UDGET APPROPRATION TRANSFER FISCAL YEAR 10/1/16 thru 9/30/17 DATE: 7/13/2017 Period 10 FUND 232-HOTEL/MOTEL OCCUPANCY TAX DIVISION 50320 Include in End of Year Budget Amendment CONTROL NUMBER Transfers Out - Journal Entry TRANSFER FROM: CURRENT ADJUSTED ACCOUNT BUDGET AVAILABLE TRANSFER BUDGET NAME AMOUNT BALANCE AMOUNT AMOUNT Unforeseen/New Initiative 2,524,000.00 2,524,000.00 (343,755.00) 2,180,245.00 DIVISION ACCOUNT NUMBER NUMBER 50320 99002 TRANSFER TO: 50340 Conference Center EXPLANATION: NOTE: ALL Budget Transfers must provide the following explanations. 1. Explain why there will be savings in the account transferring "From." 2. Explain the reason for the transfer. Transfer money from unforeseen/new initiatives in order to begin funding convention center costs. 343,755.00 343,755.00 equeste y: ate Wrector o mance Date Audited y: Date 701RylWanagerlDeputy City Manager/Asst. City Manager Date (If applicable) Entered y: ate