HomeMy WebLinkAbout2021-06-8691ORDINANCE NO. 2021-06-8691
AN ORDINANCE AMENDING ORDINANCE NO. 2020-6-8641,
ENTITLED, "AN ORDINANCE ADOPTING THE CITY OF PADUCAH,
KENTUCKY, ANNUAL OPERATING BUDGET FOR THE FISCAL YEAR JULY 1,
2020, THROUGH JUNE 30, 2021, BY ESTIMATING REVENUES AND
RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY
GOVERNMENT."
WHEREAS, the City of Paducah entered into a Project Partnership
Agreement with the United States Army Corps of Engineers for reconstruction of the
City of Paducah's Local Flood Protection Project by adoption of Ordinance No. 2017 -05 -
WHEREAS, the City of Paducah anticipates that an amount of $2,900,000
will be necessary for the remaining cash and in-kind match pursuant to the Project
Partnership Agreement; and
WHEREAS, KRS prohibits expenses to exceed the budget in any
department and it is therefore necessary to amend the City's FY2021 budget.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the annual budget for the fiscal year beginning July 1,
2020, and ending June 30, 2021, as adopted by Ordinance No. 2020-6-8641, be amended
by the following re -appropriations:
• Transfer $2,900,000 from the FY2021 General Fund Reserve to the
Floodwall Cash Match (FW0016) Project Account.
SECTION 2. This ordinance shall be read onyaDparate days and will
become effective upon summary publication
Bray,
ATTEST:
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Lindsay Parish, Vy Clerk
Introduced by the Board of Commissioners, June 8, 2021
Adopted by the Board of Commissioners, June 22, 2021
Recorded Lindsay Parish, City Clerk, June 22, 2021
Published by The Paducah Sun, June 25, 2021
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