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    6. 1.    
Regular City Council Meeting
Meeting Date: 01/10/2019  

Agenda Item
Budget Amendment Ordinance 2nd Reading - Finance: Consider Budget Ordinance No. 2018-O0143, Amendment 4, amending the FY 2018-19 budget for municipal purposes respecting the Water/Wastewater Fund to amend the State Infrastructure Bank (SIB) loan payment; providing for filing; and providing for a savings clause.
Item Summary
On December 17, 2018, the City Council approved the first reading of the ordinance.

Amend the Water/Wastewater Fund by increasing the appropriation by $72,750 for the SIB loan payment, from $139,094,070 to $139,166,820.  The funding will be from Water/Wastewater Fund Balance.  The loan is for the relocation of water and wastewater lines for the future State Loop 88.
Fiscal Impact
Included in Item Summary
Staff/Board Recommending

D. Blu Kostelich, Chief Financial Officer

Budget Amendment 4

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