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File #: PH-21-035    Version: 1 Name: Budget Amendment
Type: Ordinance/Public Hearing Status: Passed
File created: 6/22/2021 In control: City Council
On agenda: 7/13/2021 Final action: 7/13/2021
Title: HOLD a public hearing and consider an ordinance amending the FY 2021 Annual Budget of the City of Killeen to increase revenue and expenditure accounts in the General Fund and Aviation Funds.
Sponsors: Finance Department
Indexes: Budget Amendments
Attachments: 1. Staff Report, 2. Ordinance, 3. Presentation
Title

HOLD a public hearing and consider an ordinance amending the FY 2021 Annual Budget of the City of Killeen to increase revenue and expenditure accounts in the General Fund and Aviation Funds.

Summary

DATE: July 6, 2021

TO: Kent Cagle, City Manager

FROM: Jonathan Locke, Executive Director of Finance

VIA: Miranda Drake, Director of Budget

SUBJECT: Budget Amendment

BACKGROUND AND FINDINGS:

This budget amendment addresses two initiatives that include appropriating additional funds for the Homeland Security Grant - Office of the Governor (OOG) grant award to purchase P25 compliant radios and appropriate a Federal Aviation Administration (FAA) grant and transfer to cover costs for the heating, ventilation and air-conditioning (HVAC) system not covered by the grant.

1) Fire Department is presenting an item for City Council’s consideration to accept a Homeland Security Grant from the OOG in the amount of $23,188 to purchase P25 compliant radios for operational use. There are no matching funds required for this grant.

The revenue will be amended as follows:

Revenue
Fire / Other E-Grants $23,188
TOTAL $23,188

The expenditure will be amended as follows:

Expenditure
New Radios $23,188
TOTAL $23,188


2) The FAA offered Airport Improvement Program (AIP) grant of $3,898,271 to fund 100% of the construction portion of the HVAC system. The FAA has recently advised that certain areas of the terminal are ineligible for the grant. $3,198,892 (86.6%) of the project construction is eligible for the grant and $494,979 (13.4%) is ineligible. The ineligible portions are administration areas that do not meet grant criteria. The ineligible amount will come from KFHRA fund balance.

In addition, the FAA has agreed to reimburse the KFHRA fund $204,722 for a portion of the design costs paid from fund balance earlier in the fiscal year. With this additional revenue, the net impact to the operational fund is $290,257.

The revenue will be amended as...

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