HomeMy WebLinkAboutOrdinance 22144-03-2016 ORDINANCE NO. 22144-03-2016
AN ORDINANCE INCREASING THE APPROPRIATIONS IN THE GENERAL
FUND IN THE AMOUNT OF $4,184,000.00, FROM AVAILABLE FUNDS, AND
DECREASING THE UNASSIGNED FUND BALANCE BY THE SAME AMOUNT
FOR THE PURPOSE OF TRANSFERRING FUNDS TO THE CAPITAL
PROJECTS SERVICES FUND TO CORRECT THE NEGATIVE
UNRESTRICTED NET POSITION IN THAT FUND; 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 appropriations in the General Fund in the amount
of$4,184,000.00,from available funds, and decreasing the unassigned fund balance by the same amount for
the purpose of transferring funds to the Capital Projects Services Fund to correct the negative unrestricted
net position in that fund.
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of said prior ordinances and appropriations are hereby expressly repealed.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:
De Mc y,Assistant City Attorney ary J.6Wibi ecretary
ADOPTED AND EFFECTIVE:March 29,2016
Ordinance No.22144-03-2016
Page 1 of 1
City �
of Fort Worth, Texas
MayorN��| =~N Council
� ��0 0�^�����NN Communication����� q� m*�N ��NN�� �m~n�v�� NNm�'mN
COUNCIL ACTION: Approved on 312912016 - Ordinance No. 22144-03-2016
DATE: Tuesday, yWonnh 29. 2010 REFERENCE NO': G-18706
LOG NAME: 13TRAN8FER FOR CAPITAL PROJECTS SERVICE FUN[)
SUBJECT:
Authorize Transfer from the General Fund to the Capital Projects Services Fund in the Amount of
$4.184.000.00 to Correct a Negative Unrestricted Net Position in the {}opito| Projects Services Fund and
Adopt Appropriation Ordinance (ALL COUNCIL DISTRICTS)
RECOMMENDATION:
K is recommended that the City Council adopt the attached supplemental appropriation ordinance
increasing appropriations in the General Fund in the amount of$4,184,000.00 and decreasing the
unassigned fund balance by the same amount for purposes of making o transfer to the Capital Projects
Services Fund to correct o negative unrestricted net position.
DISCUSSION:
The purpose of this Mayor and Council Communication (K8&C) is to appropriate and transfer funds to
eliminate a negative unrestricted net position in the Capital Projects Services Fund. This Fund was
created to contain staff members who directly charge their time to capital projects. The Fund also
contains employees who support capital project delivery indirectly as overhead. An overhead multiplier is
applied to the direct Staff charges in order to offset the cost.
The projected F/aco/ Year 2015 year-end net position for the Capital Projects Service Fund is a negative
position of$3,951,000.00, comprised of$232,000.00 in Capital Assets and the Negative Unrestricted Net
Position of$4,183,000.00, resulting from excessive overhead costs that were not charged to capital
projects over the last aexuna| years. K8eoounao were taken in Fiaou| Year 2015 to streamline the
operations of the Fund and to more accurately reflect activities that should be included in the overhead
multiplier. Steps included outsourcing of surveying activities so they could be charged directly to projects
through a contract. In addiUon, a number ofpositions that were not truly capital overhead were nlnvod to
the General Fund. These actions are anticipated to maintain a positive net position in the Fund going
forward.
This yN&C will authorize the transfer that will bring the Capital Projects Service Fund net position
categories to o positive position. The Transportation and Public Works Department will continue to
monitor the Finoo| Year 2016 performance of this fund and make adiuetmente, as needed, to keep the
fund operations balanced.
This K88'C does not request approval ofa contract with a business entity.
CERTIFICATION:FISCAL INFORMATION I
The Director of Finance certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinanoa, funds will be available in the current operating budget of the Capital
Projects Services Fund.
Lognanu: 13TRANSF8fl FOR CAPITAL PROJECTS SEBVICBPtJND Page l of
FUND IDENTIFIERS (FIDs):
TO
Fund Department Accoun Project Program Activit Budget Reference # Amount
ID I ID Year Chartfield 2
10100 0909415 4990000 2016 $4,184,000.00
10100 0909103 5900011 2016 $4,184,000.00
60102 0209900 49101001 2016 84,184,000.00
FROM
Fund Department Accoun Project Program Activity Budget Reference # Amount
ID ID Year Chartfield 2
10100 0909103 5900011 2016 $4,184,000.00
CERTIFICATIONS:
Submitted for City Manager's Office by: Susan Alanis (8180)
Originating Department Head: Aaron Bovos (8517)
Additional Information Contact: Suzie Wagner (7806)
Logname: 13TRANSFER FOR CAPITAL PROJECTS SERVICE FUND Page 2 of 2