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ORDINANCE AND RESOLUTION FACT SHEET
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City of Shreveport
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TITLE
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DATE
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ORIGINATING DEPT./DIV.
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AN ORDINANCE AMENDING THE 2012 BUDGET FOR THE RIVERFRONT DEVELOPMENT SPECIAL REVENUE FUND AND OTHERWISE PROVIDING WITH RESPECT THERETO.
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1/10/12
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City Council/Legislative
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SPONSOR OR COUNCIL MEMBER
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Councilman
Sam Jenkins
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PURPOSE
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This amendment will establish funding for Family Resources for Education & Empowerment for the mentorship program in the amount of $20,000.
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This Ordinance or Resolution will have direct impact on Council District:
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All
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TIMETABLE
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Introduction:
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January 10, 2012
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Final Passage:
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January 24, 2012
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SPECIAL PROCEDURAL REQUIREMENTS
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None.
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FINANCES
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SOURCE OF FUNDS
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($20,000)
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Riverfront Operating Reserves
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CONCLUSION
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FACT SHEET PREPARED BY:
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Sharon Pilkinton
Council Analyst
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ORDINANCE NO. OF 2012
AN ORDINANCE AMENDING THE 2012 BUDGET FOR THE RIVERFRONT DEVELOPMENT SPECIAL REVENUE FUND AND OTHERWISE PROVIDING WITH RESPECT THERETO.
WHEREAS, the City Charter provides for the amendment of any previously adopted budget; and
WHEREAS, the City Council finds it necessary to amend the 2012 budget for the Riverfront Development Special Revenue Fund to adjust appropriations, reflect current revenue estimates and for other purposes.
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Shreveport, in legal session convened, that Ordinance No. 115 of 2011, the 2012 budget for the Riverfront Development Special Revenue Fund, is hereby amended as follows:
In Section 2 (Appropriations):
Increase Other Charges by $20,000
Decrease Operating Reserves by $20,000
Adjust totals and subtotals accordingly.
BE IT FURTHER ORDAINED that the remainder of Ordinance No. 115 of 2011 shall remain unchanged and in full force and effect.
BE IT FURTHER ORDAINED that if any provision or item of this ordinance or the application thereof is held invalid, such invalidity shall not affect other provisions, items or applications of this ordinance which can be given effect without the invalid provisions, items or applications; and, to this end, the provisions of this ordinance are hereby declared to be severable.
BE IT FURTHER ORDAINED that all ordinances or parts thereof in conflict herewith are hereby repealed.
APPROVED AS TO LEGAL FORM:
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City Attorney’s Office
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