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HomeMy WebLinkAbout032540 ORD - 09/07/2021ORDINANCE ADOPTING THE CORPUS CHRISTI FISCAL YEAR 2021 — 2022 CAPITAL BUDGET IN THE AMOUNT OF $444,548,826, BEGINNING OCTOBER 1, 2021 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the Fiscal Year 2021 — 2022 Capital Budget in the amount of $444,548,826 is hereby adopted, subject to the attached Schedule of Adjustments. A copy of the Fiscal Year 2021 — 2022 Capital Budget will be filed in the Office of the City Secretary. That the, foregoing 9rdinance was read for the first time and passed to its second reading on this the ,)>V5' day of J y1' , 2021, by the following vote: Paulette M. Guajardo Roland Barrera Gil Hernandez Michael Hunter Billy Lerma John Martinez Ben Molina Mike Pusley Greg Smith That the foregoing ordinance was read for the second time and passed finally on this the t,A day of 0(2021, by the following vote: Paulette M. Guajardo Roland Barrera Gil Hernandez Michael Hunter Billy Lerma N� IV b Iv V PASSED AND APPROVED on this the ATTE T: John Martinez Ben Molina Mike Pusley Greg Smith \kday of V\ r, 2021. Rebecca Huerta Paulette M. Guar-rdo City Secretary Mayor (1,3 .5 40 SCANNED Schedule of Adjustments CIP City of Corpus Christi Amendments to the FY 2021-2022 Proposed Capital Budget TOTAL PROPOSED REVENUES $ 448,940,203 TOTAL PROPOSED EXPENDITURES $ 448,940,203 Parks & Recreation CIP Proposed Revenues Adjustments: Decrease - Remove Pool Facilities Renovation project (250,000) Total Adjusted Revenues $ 45,601,915 Proposed Expenditures Adjustments: Decrease - Remove Pool Facilities Renovation project (250,000) Total Adjusted Expenditures $ 45,601,915 Public Facilities CIP Proposed Revenues Adiustments: Increase - Development Services Reserves 4,584,860 Total Adjusted Revenues $ 12,410,000 Proposed Expenditures Adjustments: Increase - Development Services Remodel and Parking project 4,584,860 Total Adjusted Expenditures $ 12,410,000 Storm Water CIP Proposed Revenues Adjustments: Decrease - Revenue Bonds (5,550,000) Total Adjusted Revenues $ 52,542,871 Proposed Expenditures Adjustments: Decrease - Citywide Storm Water Infrastructure Rehabilitation project (5,550,000) Total Adjusted Expenditures $ 52,542,871 Water CIP Proposed Revenues Adiustments: Decrease - SWIFT Loan (5,676,237) Total Adjusted Revenues $ 106,206,065 Proposed Expenditures Adjustments: Decrease - Seawater Desalination project Total Adjusted Expenditures (5,676,237) 106,206,065 Wastewater CIP Proposed Revenues Adjustments: Increase - Revenue Bonds Total Adjusted Revenues Proposed Expenditures Adjustments: Increase - Oso WRP Process Upgrade & BPC Facility Decommission project Total Adjusted Expenditures 2,500,000 82,624,339 2,500,000 82,624,339 TOTAL PROPOSED AMENDED REVENUES TOTAL PROPOSED AMENDED EXPENDITURES $ 444,548,826 $ 444,548,826