HomeMy WebLinkAboutOrdinance 11180%4 ~. j'% b ~ rl
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ORDINANCE NO 11~®
AN ORDINANCE INCREASING ESTIMATED REVENUES BY
$16,121 00 AND INCREASING APPROPRIATIONS BY $28,279 03 IN
THE PROPERTY AND CASUALTY INSURANCE FUND RESULTING
FROM SUBROGATIONS OF INSURANCE CLAIMS AND RECOVERY
FROM COMMERCIAL INSURANCE COVERAGE FOR INSURED LOSSES,
PROVIDING FOR A SEVERABILITY CLAUSE, MAKING THIS
ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING
ALL PRIOR ORDINANCES IN CONFLICT HEREWITH, 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 estimated revenues
by $$16,121 00 and increased appropriations by $28,279 03 in the Property and Casualty
Insurance Fund resulting from subrogations of insurance claims ($12,158 03) from April 1, 1992
through June 30, 1992 and recovery from commercial insurance coverage ($16,121 00) for
insured losses.
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 judgment 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
That this ordinance shall be cumulative of Ordinance No 10892 and all other ordinances and
appropriations amending the same except in those instances where the provisions of this
ordinance are iri direct conflict with such other ordinances and appropriations, in which instance
said conflicting provisions of said prior ordinances and appropriations are hereby expressly
repealed.
SECTION 4
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.
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[M&Cs TABLE B]
RISK MANAGEMENT DEPARTMENT - PROPERTY MANAGEMENT AND CASUALTY INSURANCE FUND (FE71)
UNREIMBURSED INSURED LOSSES - CLAIMS DISPOSED:
FY 1991-92 3RD QUARTER (APRIL 1 THROUGH JUNE 30, 1992)
ixsv~ANea.:i.DEDUCTIBLF
FIRE & EXTENDED 3/16/92 -0- 374 Library - E. $374
COVERAGE (CITY (362) Berry Br. V&MM
BUILDINGS)
4/17/92 -0- 2,000 Park & Rec. - $2,000
(367) .Gateway Pk.
Concesa. Bldg.
V&MM
6/13/92 -0- 1,941 FS, Purchasing, $1,941
(381j Theft of Computer
Equipment
6/23/82 -0- 650 H&HS - So. Side $650
(382) MPC; Vehicle
damage to fence
-0- 4,965 SUBTOTAL $4,965
BOILER AND 2/29/92 $7,850(a) 4,000 Police Admin. 11,850
MACHINERY IlA Bldg. Chiller at
INSURANCE (32) 350 W. Belknap
5/11/92 $6,778(b) 4,000 TPW - Municipal 10,778
(34) complex -
compressor at
1000 Throckmorton
$14,628 8,000 SUBTOTAL $22,628
FIRE DWELLING 4/28/92 $1,493(c) 250 Development - $1,743
INSURANCE I1D.1.E. Real Property
(PROPERTY) Mgt. Hail damage
to house
$1,493 250 SUBTOTAL $1,743
$16,121 $13,215 TOTAL $29,336
*$16,121 subtotal of {a), (b) and (c).
F:\15S\1546B.FRM
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„vutJ 7lM t=.
,.,,,,,,~,~ o~~s,~ City of Fort U~orth, Texas
/'.~d .~
~~tiayor and Cou~-cil C~-mmunicati~rn
P+SK MA?.A ,Etd ENT 1
!LPN{ ~
LA~'J 1
n T `-~
RECOMMENDATION:
It is recommended that the City Council.
1. Adopt the attached Supplemental Appropriations Ordinance increasing estimated
revenues by $16,121.00 and increasing appropriations by $28,279.03 in the Property
and Casualty Insurance Fund resulting from subrogations of insurance claims
($12,158.03) from April 1, 1992 through June 30, 1992 and recovery from commercial
insurance coverage ($16,121.00) for insured losses, and
2. Authorize the City Manager to transfer funds from the Property and Casualty
Insurance Fund to the following funds:
Subrogation Insured/Self Insured
Revenue Loss Recovery TOTAL
General Fund $10,029.71 $ 29,336 00 $39,365.71
Water and Sewer
Fund 2,128.32 -0- 2,128.32
Total $12,158.03 $ 29,336.00 $41,494.03
nrcriiccrnti
Subrogation revenue has been collected by the Risk Management Department Claims office
for damages the City incurred for which other parties were responsible. The attached
Table A lists the departments and respective funds whose losses were recovered
Recovery has been made from commercial insurers for $16,121 00 for the third quarter
as detailed in Table B The City's self insurance program provides recovery of
$13,215.00 - also detailed in Table B.
•~~ Printed on recycled paper
City of Fort Worth, Texas
Mayor and Couru~l C'crrr~munication
DATE
10/06/92 R M
""G-987O L P1AME .
15SUPPLE PA E
2 of 2
SUBJECT SUPPLEMENTAL APPROPRIATION
FUNDS FOR INSURED PROPERTY FOR THE
LOSSES INSURANCE FUND AND TRANSFER AMOUNTS TO
FISCAL INFORMATION/CERTIFICATION:
The Director of Fiscal Services certifies that upon adoption
Appropriations Ordinance, funds will be available in the current
the Insurance Fund for the recommended transfers.
CB:j
of the Supplemental
operating budget of
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by to
FE71 481082 0157100 16,121 0
GGO1 481100 0150000 39,365 7
Charles Boswell 8500 PE45 481100 0701000 2,078 3 ~>> ~'`~'~ '•-e
Originating Department Head PE45 481100 0601000 50 0 ~~` i ~ ` ```, f , ~ ~^';
~
FE71 534260 0157140 1,493 0 '
~` '"'
FE71 534210 0157140 14,628 0
FE71 538070 0157100 12,158 0 ~'
Susan Bulla 8513 from ~= '~G,+ic?~
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iiIG~~1f~
E
~t
FE71
538070
0157100
12,158
0 .
,
;,,
;
m
For Additional Information FE71 534260 0157140 6,708 0 '~" " ' ,
Contact FE71 534210 0157140 22,628 0
Susan Bulla 8513
~~ Printed on recycled paper