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HomeMy WebLinkAboutOrdinance 22086-02-2016 ORDINANCE NO.22086-02-2016 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS BY RESERVED AMOUNTS IN THE EQUIPMENT SERVICES FUND IN THE AMOUNT OF $180,587.00, RESTRICTING THE FUND'S NET POSITION BY THE SAME AMOUNT; IN THE INFORMATION SYSTEMS FUND IN THE AMOUNT OF $20,400.00, RESTRICTING THE FUND'S NET POSITION BY THE SAME AMOUNT; IN THE MUNICIPAL PARKING FUND IN THE AMOUNT OF $46,306.00, RESTRICTING THE FUND'S NET POSITION BY THE SAME AMOUNT; IN THE STORMWATER UTILITY FUND IN THE AMOUNT OF $396,816.00, RESTRICTING THE FUND'S NET POSITION BY THE SAME AMOUNT; AND IN THE WATER AND SEWER FUND IN THE AMOUNT OF $4,478,955.00, RESTRICTING THE FUND'S NET POSITION BY THE SAME AMOUNT, FOR THE PURPOSE OF FUNDING FISCAL YEAR 2016 ROLLOVER ENCUMBRANCES; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL 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 Fiscal Year 2015-2016 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations by the reserved amounts in the Equipment Services Fund in the amount of$180,587.00, restricting the Fund's net position by the same amount; in the Information Systems Fund in the amount of$20,400.00,restricting the Fund's net position by the same amount; in the Municipal Parking Fund in the amount of$46,306.00, restricting the Fund's net position by the same amount; in the Stormwater Utility Fund in the amount of$396,816.00, restricting the Fund's net position by the same amount; and in the Water and Sewer Fund in the amount of$4,478,955.00, restricting the Fund's net position by the same amount, for the purpose of funding Fiscal Year 2016 Rollover Encumbrances. SECTION 2. That 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. 21873-09-2015 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. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Denis E roy, Sr. sst.City Attorney dMJjs, CCe ADOPTED AND EFFECTIVE: February 9.2016 Ordinance No.22086-02-2016 Page 1 of 1 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 2/9/2016 - Ordinance No. 22085-02-2016, 22086-02-2016 & 22087-02-2016 DATE: Tuesday, February 09, 2016 REFERENCE NO.: **G-18663 LOG NAME: 1315FY2016 ROLLOVER SUBJECT: Authorize Commitment and Reservation of Fiscal Year 2015 Fund Balance and Net Position and Transfers to Specified Funds to Offset Identified Fiscal Year 2016 Rollover Obligations and Adopt Appropriation Ordinances (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the commitment of Fiscal Year 2015 fund balance in the amounts noted for the following governmental funds: General Fund in the amount of$85,000.00 and Crime Control and Prevention District Fund in the amount of$5,070,847.00; 2. Authorize the reservation of Fiscal Year 2015 net position in the amounts noted for the following proprietary funds: Equipment Services Fund in the amount of$180,587.00, Information Systems Fund in the amount of$20,400.00, Municipal Parking Fund in the amount of$46,306.00, Stormwater Utility Fund in the amount of$396,816.00 and Water and Sewer Fund in the amount of$4,478,955.00; 3. Adopt the attached supplemental appropriation ordinance increasing estimated receipts and appropriations in the following governmental funds by the listed, committed amounts and decreasing the unaudited, assigned fund balance in each fund by the same amount: General Fund in the amount of $85,000.00 and Crime Control and Prevention District Fund in the amount of$5,070,847.00; 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the following proprietary funds by the listed, reserved amounts and restricting each fund's net position by the same amount: Equipment Services Fund in the amount of$180,587.00, Information Systems Fund in the amount of$20,400.00, Municipal Parking Fund in the amount of$46,306.00, Stormwater Utility Fund in the amount of$396,816.00 and Water and Sewer Fund in the amount of$4,478,955.00; 5. Authorize the following transfers in Fiscal Year 2016: transfer of$85,000.00 from the General Fund to the General Capital Fund, transfer of$5,070,847.00 from the Crime Control and Prevention District Fund to the Crime Control and Prevention District Capital Fund, transfer of$180,587.00 from the Equipment Services Fund to the Equipment Services Capital Fund, transfer of$20,400.00 from the Information Systems Fund to the Information Systems Capital Fund, transfer of$46,306.00 from the Municipal Parking Fund to the Municipal Parking Capital Fund, transfer of$396,816.00 from the Stormwater Utility Fund to the Stormwater Capital Fund and transfer of$4,478,955.00 from the Water and Sewer Fund to the Water and Sewer Capital Fund; and 6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in Fiscal Year 2016 by the indicated amounts in each listed fund from available funds: General Capital Fund in the amount of$85,000.00, Crime Control and Prevention District Capital Fund in the amount of Logname.. 1315FY2016 ROLLOVER Page 1 of 4 $5,070,847.00, Equipment Services Capital Fund in the amount of$180,587.00, Information Systems Capital Fund in the amount of$20,400.00, Municipal Parking Capital Fund in the amount of$46,306.00, Stormwater Capital Fund in the amount of$396,816.00 and Water and Sewer Capital Fund in the amount of$4,478,955.00. DISCUSSION: The attached supplemental appropriation ordinances increase the Fiscal Year(FY) 2016 budget for expenditures, specifically encumbered rollovers from FY 2015. A list of encumbrances by fund, department and amount is included below. EXPLANATION OF ENCUMBRANCE ROLLOVERS: Encumbrances are used to reserve a portion of a department's budget for a specific purchase, most often identified by a contract or purchase order. As goods are received or services rendered, the encumbered amount is reduced by the amount of the expenditure (expense). As annual appropriations expire on September 30th of each year, amounts encumbered on that date roll over to the new fiscal year to become encumbered against the new budget. However, the corresponding funds are not rolled over into the new fiscal year. The unspent funds from the expired fiscal year become savings that are applied to the fund balance at year-end. Therefore, large purchases must be re-appropriated in the new fiscal year, so that the City may honor outstanding purchase orders, contracts and other commitments without adversely impacting the new fiscal year's operating budget programs and services. The source of funds for these new appropriations is the savings that resulted from the open obligations. A new rollover Mayor and Council Communication (M&C) is prepared annually to shift funding from the old to the new fiscal year. The rollover of funds from the previous year to the current fiscal year requires both an increase in appropriations to accommodate the item and a corresponding decrease in assigned fund balance (for governmental funds) or net position (for proprietary funds). The following items, including fund, department and amount of the appropriation or supplemental appropriation, are recommended for rollover into the FY 2016 budget: GENERALFUND _ Department bepartment I Amount Municipal Court _ F $65,000.00 Human Resources_ _ $20,000.00 TOTAL(— $85,000.00 CRIME CONTROL AND PREVENTION DISTRICT FUND IDw artment Amount Police _ $5,070,8_47.00 TOTAL $5,070,847.00 EQUIPMENT SERVICES FUND- PROPERTY MGMT � Amount De artment � � Property Management $180,587.00 TOTAL— $180,587.00 INFORMATION SYSTEMS FUND_ De artment Amount Logname: 1315FY2016 ROLLOVER Page 2 of 4 JIT Solutions 1 $20,400.00 TOTAL $20,400.00 MUNICIPAL PARKING FUND Department Amount ransportation and Public Works – Municipal $46,306.00 Parking TOTALI $46,306.00 STORMWATER UTILITY FUND Department Amount ransportation and Public Works - Storrnwate—ri $396,816.00 TOTAL—$396,816.00 WATER AND SEWER FUND Department Amount Water $2,300,514.00 Wastewater $2,178,441.00 TOTAL $4,478,955.00 RAND TOTAL I $10,278,911.00 NOTE: All amounts in this M&C have been rounded to the nearest dollar for presentation purposes, which may result in slight mathematical variations. The amount listed as the total for each fund is what is being appropriated in the attached ordinances. To implement industry best practices for funds management, FY 2016 rollover items, if approved, will be transferred to the appropriate capital funds for future use and financial management. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the current capital budgets, as appropriated, of the General Capital Fund, the Crime Control and Prevention District Capital Fund, the Equipment Services Capital Fund, the Information Systems Capital Fund, the Municipal Parking Capital Fund, the Stormwater Capital Fund and the Water and Sewer Capital Fund. Upon approval of this Mayor and Council Communication, all funds will be in compliance with the Financial Management Policy Statements through either: (a) meeting the calculated minimum reserve requirements levels or (b) having a plan in place which shows continuous improvement toward meeting reserve requirements. FUND IDENTIFIERS (FIDs): TO Logname: 1315FY2016 R.OI.LOVER Page 3 of 4 Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year I (Chartfield 2) FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Aaron Bovos (8517) Ann Marie Mendez (8515) Additional Information Contact: Juanita Jimenez (8514) Logname: 1315FY2016 ROLLOVER Page 4 of 4