HomeMy WebLinkAboutOrdinance 11070~~ ~ r i
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ORDINANCE NO (/
AN ORDINANCE APPROPRIATING $80,000 00 TO THE
WATER AND WASTEWATER OPERATING FUND AND
DECREASING THE UNRESTRICTED, UNDESIGNATED
RETAINED EARNINGS BY THE SAME AMOUNT FOR THE
PURPOSE OF PAYING FEES TO FINANCIAL CONCEPTS
AND APPLICATIONS, INC FOR THE PURPOSE OF'
PREPARING COST OF SERVICE STUDIES AND
PROVIDING EXPERT TESTIMONY FOR THE ARLINGTON
RATE CASES, PROVIDING FOR A SEVERABILITY
CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF
PRIOR ORDINANCES AND REPEALING ALL PRIOR
ORDINANCES IN CONFLICT HEREWITH, PROVIDING
FOR ENGROSSMENT AND ENROLLMENT, AND PROVIDING
AN EFFECTIVE DATE
BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS•
SECTION 1
That in addition to those amounts allocated to the various City
departments for the Fiscal Year 1991-92 and in the Budget of the
City Manager, there shall also be increased appropriations in the
Water and Wastewater Operating Fund in the amount of $80,000 00
thereby decreasing the unrestricted, undesignated Retained
Earnings by the same amount for the purpose of preparing cost of
service studies and providing expert testimony far the Arlington
rate cases.
SECTION 2.
Should any portion, section or part of a section of this
ordinance be declared invalid, inoperative or void for any reason
by a court of competent jurisdiction, such decision, opinion or
judgement shall in no way impair the remaining portions, sections
or parts of sections of this ordinance, which said remaining
provisions shall be and remain in full force and effect
SECTION 3
This ordinance shall be cumulative of Ordinance No ].0892 and all
other ordinances and appropriations amending, the same except in
those instances where the provisions of this ordinance are in
direct conflict with such other ordinances and appropriations, in
which instance said conflicting provisions of said prior
ordinances and appropriations are hereby expressly repealed.
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SECTION 4.
The City Secretary of the City of Fort Worth is hereby directed
to engross and enroll this ordinance by copying the caption in
the minutes of the City Council and by filing the ordinance in
the ordinance records of the City of Fort Worth
SECTION 5
This ordinance shall take effect and be in full force and effect
from and after the date of its passage, and it is so ordained
APPROVED AS TO FORM AND LEGALITY
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City At rney
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Date.
Adopted ~~ /~/~ ~~
Effective'
MASTER FILL~1' .
ACCOUNTIN4~2
ITRAN5PORTATIONjPUBLIC WUfC16~••
City of Fort Worth, Texas
IAATER ADMINISTR"'"6t ~ ~,, u~d ~;ounCil =C'an~nmunicati~~n
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.,... ~ 04/07/92 ..... ~........_ .......,_.. --- -------
C-13307 60RATE 1 0 2
SUBJECt EMPLOYMENT OF FINANCIAL CONCEPTS AND APPLICATTONS, INC. TO CONDUCT COST OF
SERVICE RATE STUDIES _ __
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the City Manager to execute a contract with Financial Concepts and
-Applications, Inc., in an amount not to exceed $80,000 for the purpose of
preparing. cost of service studies and providing expert testimony for the Arlington
_ rate cases, and
2. Adopt the attached su lemental appropriation ordinance increasing the Water and
Wastewater appropriation y an creasing the Unreserved, Undesignated
Water and Wastewater Fund balance by the same amount.
nTtrus~rnN:
The City of Arlington has filed three rate petitions with the Texas Water Commission
against the City of Fort Worth's wastewater charges. The first case was heard by the
Texas Water Commission in November, 1990. In February, 1992, the Commission
established a discovery and hearing schedule for the other two rate petitions which
requires Fort Worth to file a cost of service study for the other two rate cases by
June 15, 1992. It is proposed that Financial Concepts and Applications, Inc., be
employed to conduct this study and prepare testimony for the upcoming hearing. The
firm has had significant background in rate development, experience with Fort Worth's
wholesale contracts and in providing expert testimony before the Commission.
Additionally they are capable of meeting the strict time deadlines established by the
Commission.
Principal elements of the workplan would include:
• Review and analyze test year data.
• Develop overall wastewater revenue requirements.
• Allocate revenue requirements among customer classes and services.
• Design rates to recover revenue requirements.
• Prepare testimony for submission to the Texas Water Commission.
• Participate in meetings with City staff, legal counsel and engineering
,, consultant.
• Assist in the discovery process.
• Additional tasks as required by the Director of the Water Department concerning
the Arlington rate case.
--~ Printed on recycled paper
City of Fort Worth, Texas
Mayor and Council C~cn;rtmunication
AT R FE EN E NUMBER L NAME FA
04/07/92 C-13307 60RATE 2 of 2
SUBJECT EMPLOYMENT OF FINANCIAL CONCEPTS AND APPLICATIONS, INC. TO CONDUCT COST OF
SERVICE RATE STUDIES
Financial Concepts and Applications, Inc., will assign an individual with particular
expertise in this field to conduct all research and provide expert testimony;
therefore, services of a DBE will not be u tilized.
FISCAL INFORMATION/CERTIFICATION:
The Director of Fiscal Services certifies. that upon adoption of the supplemental
appropriation ordinance funds required for this expenditure will be available in the
Water and Sewer Operating Fund.
MG:k
Su itte for City Manager's FUND ACCOUNT CENTER AMOUNT G,I-TAY SECRETARY
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Office by: to rep "
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PE45 539120 0701000 80,000 0 C~~~ COUNCIL
Mike Groomer 6140
Originating Departsent Head: AdO~~Ed D[(~l~t~tiCe ~V~Oa/ ~
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Richard Sawey 8207 from
PE45 539120 0701000 80,000 0 ~°f,,,~/
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For A t ona In oraat om ~~
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Contact:
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Richard Sawey 8207 ~
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~~ Printed on recycled paper