From
Kathleen C. Mercer
Title
Ordinance Amending the FY 2017/2018 Baseball Fund for unexpected future expenses beyond current budget in the amount of $250,000
Presenter
Tom Cox, Deputy City Manager
Recommended Action
Approve
Analysis
On February 6, 2018 the City Council of Grand Prairie approved an expenditure for a new scoreboard and signage LED wall for the Airhogs Stadium. This purchase depleted all of the available budget for FY 2017/2018. Therefore, at this time the City Manager's Office is wanting to amend the current budget by adding $250,000 from the unobligated fund balance for miscellaneous future expenditures. At this time a main water heater needs to be replaced.
Financial Consideration
Funding for the additional expenditures for the Baseball field, in the amount of $250,000, is available by approving an ordinance transferring and appropriating from the unobligated fund balance in the Baseball Fund (3173-317992-68540)
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, AMENDING THE FY 2017/2018 BASEBALL FUND (3173-317992-68540) FROM THE UNOBLIGATED FUND BALANCE FOR ADDITIONAL FUTURE EXPENSES IN THE AMOUNT OF $250,000
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS:
SECTION 1. THAT THE FY 2017/2018 Baseball Fund be amended by approving an ordinance transferring and appropriating $250,000 from the unobligated fund balance in the Baseball Fund (3173-317992-68540).
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, 6TH DAY OF MARCH, 2018.