COUNCIL
COMMUNICATION
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DATE: 04
/ 07 / 2003 |
SUBJECT: Final Reading 2003-O-082 Public
Hearing to appropriate and amend the City of Laredo’s annual budget by
increasing the revenue and expenditure appropriations in the amount of
$1,440,000 for the lease purchase of 60 police sedans for the Laredo Police
Department. The vehicles will be
purchased from the Police Trust Fund.
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INITIATED
BY:
STAFF SOURCE: Cynthia
Collazo Agustin
Dovalina,III Assistant
City Manager Chief of
Police |
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PREVIOUS
COUNCIL ACTION: Public Hearing / Introductory Ordinance
was passed on March 24, 2003. |
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ACTION
PROPOSED: That this Final Reading be passed by City
Council. |
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BACKGROUND: The
primary purpose of the Department’s Forfeiture Program is to deter crime by
depriving criminal of the profits and proceeds of their illegal activities
and to weaken criminal enterprises by removing the instruments of crime. An ancillary purpose of the program is to
enhance cooperation among federal, state, and local law enforcement agencies
through the equitable sharing of federal forfeiture proceeds. Furthermore,
the Laredo Police Department will be acquiring 60 police sedans on a lease to
purchase program. The purpose for
City Council action is to account for the capital gain and the capital
expense during this year budget.
Funding to pay for these vehicles is available through the trust fund.
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FINANCIAL:
Budget
Proposed
Budget
Amendment
Budget Revenues: Lease
Capital Proceeds Acct. #
665-0000-395-0100 -0- $ 1,440,000 $ 1,440,000 Expenditures: Capital
Outlay Acct. #665-0000-525-9004 $
1,440,000 $ 1,440,000 |
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RECOMMENDATION: |
STAFF: Recommend that this ordinance be passed. |
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ORDINANCE
2003-O-082
Public
Hearing to appropriate and amend the City of Laredo’s annual budget by
increasing the revenue and expenditure appropriations in the amount of
$1,440,000 for the lease purchase of 60 police sedans for the Laredo Police
Department. The vehicles will be
purchased from the Police Trust Fund.
Whereas, the City of Laredo previously adopted the budget for fiscal year
2002-03; and
Whereas, the Chief of Police recommends that the
budget be amended; and
Whereas, the
revenues are made available due to the increase of seized funds; and
Whereas,
the increase of funds will not affect the general fund; and
NOW, THEREFORE, BE
IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LAREDO THAT:
Section 1: The City of
Laredo’s annual budget shall be, and hereby is amended by increasing the
revenue and expenditure appropriations in the amount of $1,440,000 for the
lease purchase of 60 police sedans for the Laredo Police Department. The vehicles will be purchased from the
Police Trust Fund.
PASSED BY THE CITY COUNCIL
AND APPROVED BY THE MAYOR ON THIS THE _______ DAY OF _________________, 2003.
___________________
ELIZABETH G. FLORES
MAYOR
ATTEST:
_____________________
GUSTAVO GUEVARA, JR.
CITY SECRETARY
APPROVED AS TO FORM:
_____________________
JAIME FLORES
CITY ATTORNEY
City of Laredo
Police Department 1998-1999
Annual Budget
FINANCIAL:
Proposed
Proposed
Amended Amended Budget
Budget Budget Amendment
Opening Balance $
808,142 $
808,142 0
Revenues $ 526,357 $
526,357 0
Total Revenues $1,334,499 $1,334,499 0
Materials &
Supplies $ 66,216 $
94,279 $ 28,063
Capital Outlay $ 373,443
$ 897,400 $ 523,957
Dept Service $ 120,268
$ 159,978 $ 39,710
Reserves Appro. $ 28,205 $ 38,495
$ 10,290
Other
Total Expenses $ 588,132
$ 1,190,152 $ 602,020
Closing Balance $ 746,367
$ 144,347 $ 0