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Votes at a glance: Bossier City Council approves capital fund, fund-balance change, bonds and several ordinances
Summary
At its June 23 meeting the council approved creation of an infrastructure capital fund, raised the general fund balance requirement to 25%, authorized refunding bonds, and approved several consent and administrative items; most passed by voice vote.
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The Bossier City Council approved a package of financial and routine city business at its June 23 meeting, with most measures passing by voice vote.
Key approvals included: • An ordinance establishing an infrastructure capital fund and designating a percentage of sales tax revenue as a funding source (final reading). • An amendment to maintain the general fund balance at not less than 25% of budgeted expenses (final reading). • An ordinance authorizing issuance of up to $15 million in public improvement sales tax refunding bonds (final reading). • A donation of 11 Motorola XTS 2500 radios and miscellaneous equipment to the Webster Parish Fire Protection District (final reading). • A cooperative endeavor agreement authorizing the mayor to execute an agreement with Red River FC (final reading). • Conditional-use approval for CJ's Wine and Spirits at 4160 Airline Drive (first and final reading). • A zoning change at 129 Bobby Street from RLD to RMD to permit a duplex (first and final reading). • Two funding-related items introduced/approved on first reading: an emergency amendment adding $33,800 from the streets and drainage fund, and an amendment adding $300,000 to the SD 2505 Benton Road street repairs because bids came in above estimate.
Finance Director Angela Williamson summarized May financials earlier in the meeting: revenue for the month was 5% above budget (driven by sales tax and other allocations) while expenses were 11% under budget. Council members moved and seconded the listed ordinances and, where recorded, voice votes were noted as "motion carries."

