Loading...
HomeMy WebLinkAboutOrdinance 10864a . .;ix ORDINANCE NO ~~~~~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS IN THE HEALTH INSURANCE FUND, FUND FE85, OF THE CITY OF FORT WORTH FOR FISCAL YEAR 1990 BY $3,629,808 00 AND APPROPRIATING SAID AMOUNT TO VARIOUS DEPARTMENTAL ACCOUNTS FOR THE PURPOSE OF FUNDING THE HEALTH INSURANCE FUND, 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 Chose amounts allocated to the various City departments for the Fiscal Year 1989-90 and in the Budget of the City Manager, there shall also be increased estimated receipts an the Health Insurance Fund, Fund FE85, thereby increasing appropriations as follows I General Fund GGO1 by $2,b81,224 00 and decreasing the General Fund unreserved, undesignated fund balance by the same amount; and II Water and Sewer Fund PE45 by $480,480 00 and decreasing the Water and Sewer Fund PE45 unreserved retained earnings by the same amount; and III Solid Waste Fund PE64 by $303,576 00 and decreasing the Solid Waste unreserved retained earnings by the same amount, and IV Equipment. Services Fund PI61 by $114,660 00 and decreasing the Equipment Services PI61 unreserved retained earnings by the same amount, and V Municipal Airports Fund PE40 by $49,868 00 and decreasing the Municipal Airports Fund PE40 unreserved retained earnings by the same amount 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 m- - SECTION 3 That this ordinance shall be cumulative of Ordinance No 10363 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4 The City Secretary of the City of Fort Worth is hereby directed to engross and enroll this ordinance by copying the caption and effective date into the minutes of the City Council and by filing this ordinance in the ordinance records of the City of Fort Worth. SECTION 5 Tha.s ordinance shall take effect and be in full force and effect from and after the date o£ its passage, and it is so ordained AP ROVED AS TO FORM AND LEGALITY' D~i~'t'Y ity Attorney Date 6'~S~q~ Adopted ~ ~~~~/ Effective' e"s'nSTER FIt."E T _.~, ACCOUN7lNG 1. City of Fort worth, Texas TRANSPOR7ATIQN~PUBLlC VyQR((~yq~ H n CER ADbi1N157, t i !~ or al~ '~~/I I~~~V ~~' /`~~~~~~~~ y ~~~ DATE REFEREN E NUMBER G-9197 L NAME 13RETIRE PA E 1 of 2 6-25-91 SUBJECT SUPPLEMENTAL APPROPRIATIONS ORDINANCE FOR 1990 HEALTH INSURANCE FOR RETIREES RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriations ordinances in Fiscal Year 1989-90 increasing estimated receipts in Health Insurance Fund FE85 and increasing appropriations in the following funds: a. General Fund GGO1 by $2,681,224 and decreasing the General Fund unreserved, undesignated fund balance by a like amount, and b. Water and Sewer Fund PE45 by $480,480 and decreasing the Water and Sewer Fund PE45 unreserved retained earnings by a like amount, and c. Solid Waste Fund PE64 by $303,576 and decreasing the Solid Waste unreserved retained earnings by a like amount, and d. Equipment Services Fund PI61 by $114,660 and decreasing the Equipment Services PI61 unreserved retained earnings by a like amount, and e. Municipal Airports Fund PE40 by $49,868 and decreasing the Municipal Airports Fund PE~O unreserved retained earnings by a like amount, and 2. Approve funds transfers in FY 1989-90 as follows: From To Amount a. GeneralFund GGO1 Health Insurance Fund FE85 $2,681,224 b. Water and Sewer Fund PE45 Health Insurance Fund FE85 480,480 c. Solid Waste Fund PE64 Health Insurance Fund FE85 303,576 ~" d. Equipment Services Fund PI61 Health Insurance Fund FE85 114,660 e. Municipal Airports Fund PE40 Health Insurance Fund FE85 49,868 DISCUSSION: The Fiscal Year 1989-90 Budget for the City of Fort Worth contained a provision for payment of retiree's health insurance to the Health Insurance Fund by the Retirement Fund on behalf of the retirees. In September 1989 a legal opinion rendered by a consulting firm advised the City not to require the Retirement Fund to pay the City's Health Insurance Fund for retiree's health insurance because of issues involving the tax status of the Retirement Fund. Therefore, no payment for retiree's insurance was made by the Retirement Fund for FY 1989-90. Printed on reoyded paper City of Fort worth, Texas Mayor ctnd CounCi~ Communication DATE REFERENCE NUMBER LOG NAME PAGE 6-25-91 G-91.97 13RETIRE 2 of 2 SUBJECT SUPPLEMENTAL APPROPRIATIONS ORDINANCE FOR 1990 'HEALTH INSURANCE FOR RETIREES City staff recommends including in FY 1989-90 business as audit adjustments the contributions to the Health Insurance which were to be contributed 'by the Retirement Fund in the original budget. Accordingly this M&C has been prepared to accomplish , this action by Supplemental appropriation ordinances in the amounts to be contributed by each operating fund as listed in the budget with the exception of the two amounts of $5,096 which are to be omitted because of their small size. FISCAL INFORMATION/CERTIFICATION: The Director of Fiscal Services certifies that upon adoption of the Supplemental Appropriations Ordinances and approval of the fund transfers, money required for the health insurance expenditures/expenses will be available in the Treasury to the credit of the listed funds. CB:t ~,~apted Ord~rlance Nao~~~~ Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by to FE85 488207 015850 3,629,808 0 ~PPR®VED ~~ Charles Boswell 8500 AL Originating Department Head ~6~Y CQ ~ C from 1 GGO1 518980 0901506 2,681,224 0 ~ Judson Bailiff 8185 2 PE45 518980 0609000 250,430 0 1991 J U N M~~ PE45 518980 0709000 230,050 0 3 PE64 518980 0211001 303, 576 0 ~ ~ n For Additional Information 4 PI61 518980 0212010 114,660 0 ~ ~ 7Z t/~._.. Contact 5 PE4O 518980 0554000 49,868 0 oftho r Judson Bailiff 8185 TOTAL 629 3 808 0 Y ei4ySeoreta e , , :a. •o-i yloztkh Toxa Printed on nxyded paper