Discussion and possible action to approve a budget amendment by increasing revenues and expenditures in the amount of $38,572.57 for new revenues received for the Buenos Aires Community Center in accordance with Texas Local Government Code Section 111.07075 (Special Budge for Revenue Received after start of Fiscal Year). [Fund #3040 (Buenos Aires Community Center 2010)]
Other Income
3040-6290-357420
$38,572.57
Construction in Progress
3040-6290-001-474501
$38,572.57
Issue: Increase budget for revenue receipts received and budgeted expenditures.
Solution: Appropriate new revenue and expenditures to be recorded and used for the purpose of construction in progress expenditures.
Background:
Buenos Aires Comm. Ct. 2010 (fund 3040) 2010 bond series.