File #: 13-000148    Version: Name: Rebate of Internal Services' Excess Fund Balances
Type: Ordinance Status: Passed
File created: 2/8/2013 In control: City Council
On agenda: 2/26/2013 Final action: 3/19/2013
Title: Second Reading Ordinance - Amending the operating budget to rebate excess funds contributed for General Liability and Workers' Compensation; appropriating funds for construction of a safe shelter during emergencies (1st Reading 2/26/13) Ordinance amending the Fiscal Year 2012-2013 Operating Budget adopted by Ordinance No. 029577 by adjusting expenditures and revenues in the General Fund and various Enterprise, Internal Service and Special Revenue Funds, by increasing expenditures by $6,600,000 and increasing revenues by $6,600,000 to rebate excess funds contributed for General Liability and Workers' Compensation; and, appropriating $600,000 of the unreserved fund balance in the General Fund as part of the Texas Safe Shelter Initiative, for the construction of a domed structure to be used by the City of Corpus Christi, Texas as a community safe room for protection from emergencies.
Sponsors: Office of Management and Budget
Attachments: 1. Agenda memo - Rebate of excess fund balance, 2. Ordinance - rebating excess contributions, 3. Internal Service Fund Rebates
Title
Second Reading Ordinance - Amending the operating budget to rebate excess funds contributed for General Liability and Workers' Compensation; appropriating funds for construction of a safe shelter during emergencies (1st Reading 2/26/13)
 
Ordinance amending the Fiscal Year 2012-2013 Operating Budget adopted by Ordinance No. 029577 by adjusting expenditures and revenues in the General Fund and various Enterprise, Internal Service and Special Revenue Funds, by increasing expenditures by $6,600,000 and increasing revenues by $6,600,000 to rebate excess funds contributed for General Liability and Workers' Compensation; and, appropriating $600,000 of the unreserved fund balance in the General Fund as part of the Texas Safe Shelter Initiative, for the construction of a domed structure to be used by the City of Corpus Christi, Texas as a community safe room for protection from emergencies.