Posting Language
Title
Approve an ordinance amending the Fiscal Year 2023-2024 Austin Fire Department Capital Budget (Ordinance No. 20230816-008) to increase appropriations by $750,000 for rebuilding and renovating fire and emergency medical services stations. Related to Items #18 and #22.
De
Lead Department
Austin Fire Department.
Fiscal Note
$750,000 is available from the future issuance of tax-exempt bonds. A fiscal note is attached.
Prior Council Action:
September 10, 2019 - Council conducted a public hearing and approved (Ordinance No. 20190910-001) adopting the City of Austin Budget for Fiscal Year 2019-2020, beginning on October 1, 2019, and ending on September 30, 2020.
August 11, 2021 - Council conducted a public hearing and approved (Ordinance No. 20210811-001) adopting the City of Austin Budget for Fiscal Year 2021-2022, beginning on October 1, 2021, and ending on September 30, 2022.
June 6, 2022 - Council approved Ordinance No. 20220616-031 to increase appropriations for the urgent repairs and renovations project at Fire/EMS Stations 22, 3, and 1.
August 18, 2023 - Council conducted a public hearing and approved (Ordinance No. 20230818-008) adopting the City of Austin Budget for Fiscal Year 2023-2024, beginning on October 1, 2023, and ending on September 30, 2024.
For More Information:
Robert Menchaca, Austin Fire Department, 512-974-0126.
Additional Backup Information:
The budget amendment for $750,000 will increase the total funds available to renovate these three stations to $28,950,000 and allow the project to move forward.
A reimbursement resolution is a separate, but related item on this Council agenda. A reimbursement resolution is required by federal and State law whenever a bond issuer plans to use bond proceeds to retroactively reimburse itself for expenditures the issuer already incurred. The use of a reimbursement resolution is approved in the City's financial policies and allows the City to start projects to be funded with bo...
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