TITLE
HOLD a public hearing and consider an ordinance amending the FY 2015 Annual Budget and Plan of Municipal Services of the City of Killeen.
SUMMARY
AGENDA ITEM
Budget Amendment for FY 15
ORIGINATING DEPARTMENT
Finance
BACKGROUND INFORMATION
The City Charter provides that budget amendments occur by ordinance. The following is a list of items that require a budget amendment for FY 2015:
• Merchant fees were previously being netted out with associated revenue in the Water/Sewer Fund. Both the revenue and expense accounts need to be increased for consistency across all city funds.
• Two information technology positions were moved from Aviation to the General Fund. The funding for their salaries must be moved as well.
• A Juvenile Case Manager position was authorized in FY 2015. This allocates the funding to the Juvenile Case Manager Fund.
• Community Development Elderly Transportation Program, Parks Donations, Teen Court Program, Fire Department, Child Safety, and Police Department Donations Funds were established to streamline the accounting for revenues and expenses for these programs.
• Insurance proceeds received for damage to vehicles, street signs, fire hydrants, and the Fire Department’s warning siren. The proceeds are used to cover repairs to the damaged property.
• Pay increases for public safety civil service employees.
• Downtown Phase II project funding to extend Avenue D two blocks east to 10th Street and improve drainage on 10th Street. Funding was contributed by KEDC in the amount of $300,000 for this project.
DISCUSSION/CONCLUSION
A budget amendment needs to be approved by City Council which will allow the City to expend funds for the above items.
FISCAL IMPACT
See ordinance.
RECOMMENDATION
That the City Council approve this ordinance amending the FY 2015 Annual Budget and Plan of Municipal Services.