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HomeMy WebLinkAboutOrdinance 10161~.: .. ate-, r', ORDINANCE N O. AN ORDINANCE INCREASING THE APPROPRIATIONS IN THE GENERAL FUND, FUND O1, PUBLIC EVENTS, ACCOUNT NO 25-10-00 OF THE CITY OF FORT WORTH FOR THE FISCAL YEAR 1988 BY APPROPRIATING THERETO THE SUM OF $310,000.00 FROM THE UNRESERVED, UNDESIGNATED FUND BALANCE OF THE GENERAL FUND, FOR THE PURPOSE OF FUNDING UNBUDGETED OPERATING EXPENSES FOR WII.,L ROGERS MEMORIAL CENTER AND COWTOWN COLISEUM, 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 1987-88 and in the Budget of the City Manager, there shall also be increased appropriations in the General Fund, Fund O1, Public Events, Account No 25-10-00, by appropriating thereto the sum of $310,000 from the Unreserved, Undesignated Fund Balance of the General Fund, for the purpose of funding unbudgeting operating expenses for Will Rogers Memorial Center and Cowtown Coliseum. 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 That this ordinance shall be cumulative of Ordinance No 9926 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 This ordinance shall take effect and be in date of its passage, and it is so ordained. APPR VED AS TO FORM AND LEGALITY full force and effect from and after the ty Attor~ Date ~ " o~' ~O Adopted ~G~~~ Effective w .~ ~ ~ita~ ®~' IF®~°t ~®~°t~,, ~~~~~ ;.,.~, ; ~ Abe: ~Il~~~~° ~~.~ ~~~,a,~,~a~ ~C~~a~a~~,a,~a,a,~~n~a.~v~. DATE REFERENCE SUBJECT SUPPLEf~EN~AL APPROPRIATION PAGE 8/30/88 NUMBER FOR PUBLIC EVENTS DEPARTMENT 1 G-7708 ' °f RECOMf~ENDATION It is recommended 'that the City Council adopt the attached supplemental appropriation ordinance appropriating $310,000 from the undesignated unreserved General Fund O1, Fund Balance, t o the Public Events Department, General Fund O1, Account No. 25-10-00, Wi 11 Rogers hlemori al Center. DISCUSSION During the 1987-88 budget discussions, the Council did not fund a proposed Decision Package in the amount of $314,000 to support operating the Equestrian Center during the current fiscal year. It was decided to postpone specific funding because we did not have experience operating the facility. At thi s time, additional f undi ng i s required because the total amount budgeted for the Public Events Department, under which support of the Cowtown Coliseum also was assumed in March, has been depleted. This supplemental appropriation will provide funds for operating the Will Rogers Memorial Center facilities and the Cowtown Coliseum through this fiscal year and will cover unbudgeted expenses in the following areas EQUESTRIAN CENTER COWTOWN COLISEUM TOTAL Salaries (O1) $ 63,000 $ 56,000 $ 119,000 Supplies (02) 53,000 5,900 58,900 Utilities, Contract 75,100 57,000 132,100 Labor, etc. (03) 191,100 118,900 310,000 Revenue in the amount of $55,000 is projected from Cowtown operations during FY 1987-88, with revenue from Will Rogers Center projected to reach $1,450,000. Total expenditures, after this appropriation, are projected to be $2,042,416, $118,900 for Cowtown Coliseum and $1,923,516 for Will Rogers. FINANCING Upon adoption of the supplemental appropriation ordinance, sufficient funds will be available for operation of the Will Rogers Memorial center and the Cowtown Coliseum through the remainder of this fiscal year. APPROVED BY RAM/sf .3 CITY COU~NCI Attachment AU6 30 1988 SUBMITTED FOR 'I Ht CITY MANAGER'S DISPOSITION BY COUNCIL. OFFICE BY R A McKi nne ^ APPROVED ORIGINATING [, OTHER (DESCRIBE) Ci the $ecsetary OfOf DEPARTMENT HEAD: R A McKinney Ca ~, Q CiTI~E~RETAfFY"-- FOR ADDITIONAL INFORMATION CONTACT R A McKinne 6140 Adopted Ordinance No. DATE