Final Reading of Ordinance authorizing the City Manager to amend the City of Laredo's FY 2025-2026 budget by appropriating expenditures from a drawdown of $11,250,000 from fund balance from the Sports and Community Venue Sales Tax Fund. The funds will be used to cover the cost of the Leyendecker Construction contract for the Phase 1B.

Staff Report & Agenda Item Details

Motion to close and introduce and bring back on the following City Council meeting.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 6.6/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).