Public Hearing and Introductory Ordinance of the City of Laredo, Texas, amending the City of Laredo’s FY 2025-2026 annual budget by increasing revenues and expenditures in the amount of $81,290.00 in the 2019 CO Bond in Transit. The interest earnings being appropriated are to complete the original amount allocated for the renovation project of El Metro Transit Center Building Maintenance Improveme
Official Roll-Call Vote
Staff Report & Agenda Item Details
Public Hearing and Introductory Ordinance of the City of Laredo, Texas, amending the City of Laredo’s FY 2025-2026 annual budget by increasing revenues and expenditures in the amount of $81,290.00 in the 2019 CO Bond in Transit. The interest earnings being appropriated are to complete the original amount allocated for the renovation project of El Metro Transit Center Building Maintenance Improvements in the amount of $1,694,575.00. Funding is available in the 2019 CO Transit Bond.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 9.0/10). 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).