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HomeMy WebLinkAboutOrdinance 22438-09-2016 Ordinance No. 22438-09-2016 AN ORDINANCE AMENDING ORDINANCE 21873-09-2015 TO REALLOCATE CERTAIN CAPITAL DOLLARS WITHIN THE GENERAL FUND TO REFLECT ACQUISITION WITHIN THE CITY FROM THE CAPITAL PROJECTS SERVICE FUND OF VEHICLES AND TO INCREASE REVENUES AND CONTRIBUTION TO FUND BALANCE IN THE CAPITAL PROJECTS SERVICE 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 Section 1, Article I of Ordinance 21873-09-2015 is amended to revise the General Fund budget allocations for the Transportation and Public Works Department to reflect a decrease of expenditures by $32,500.00 in the transfer to the Vehicle & Equipment Replacement Fund and an increase in expenditures by $32,500.00 for a transfer to the Capital Projects Service Fund to reflect acquisition of vehicles within the City from the Capital Projects Service Fund as an alternative to an external purchase with no change to the Department's total appropriation or to the total General Fund appropriation. SECTION 2. That Section 1, Article XXVIII of Ordinance 21873-09-2015 is amended to revise the Capital Projects Service Fund budget allocation to reflect an increase in revenue in the amount of$32,500.00 in Operating Transfers and Other Sources for the Sale of Capital Asset and an increase in expenditures for an increased Contribution to Net Position in the amount of $32,500.00 to reflect the financial impact of a transfer of vehicles to the General Fund for the Transportation and Public Works Department. SECTION 3. That all other provisions of Ordinance 21873-09-2015, as previously amended, shall remain in full force and effect unless explicitly amended herein. SECTION 4. 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 5. 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 Ordinance No. 22438-09-2016 Page 1 of 2 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 6. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Ci T Y SECRETARY Assistant City Attorney Mary J. Ka s i ADOPTED AND EFFECTIVE: September 27, 2016 Ordinance No. 22438-09-2016 Page 2 of 2 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/27/2016 - Ordinance Nos. 22437-09-2016 & 22438-09- 2016 DATE: Tuesday, September 27, 2016 REFERENCE NO.: ""G-18833 LOG NAME: 2121 TRANSFER OF FUNDS FOR CAPITAL PROJECTS SERVICE FUND SUBJECT: Adopt Ordinance Amending Fiscal Year 2016 Capital Appropriation Ordinance to Reduce the Appropriation in the Vehicle & Equipment Replacement Fund in the Amount of$32,500.00 to Reflect the Transfer of Vehicles from the Capital Projects Service Fund for the Construction Inspection Section of the Transportation and Public Works Department to the General Fund for the Transportation and Public Works Department and Adopt Ordinance Amending Fiscal Year 2016 Operating Ordinance to Reflect Reallocation of Pay-As-You-Go Capital Dollars and Increase in Capital Projects Service Fund (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached ordinance amending the Fiscal Year 2016 capital appropriation ordinance (Ordinance No. 22004-12-2015) to reduce the appropriation in the Vehicle & Equipment Replacement Fund by $32,500.00, which consists of a reduction in the Transportation & Public Works Project to reflect that vehicles will be acquired within the City from the Capital Projects Service Fund instead of being purchased from outside sources; and 2. Adopt the attached ordinance amending the Fiscal Year 2016 operating appropriation ordinance (Ordinance No. 21873-09-2015) to reallocate a total of$32,500.00 in Pay-As-You-Go capital dollars for an internal acquisition and to increase the revenues and contribution to fund balance in the Capital Projects Service Fund by the same amount. DISCUSSION: The Fleet Division of the Property Management Department is facilitating a transfer of ownership of several vehicles from the Capital Projects Service Fund for the Construction Inspection Section of the Transportation and Public Works Department to the General Fund for the Streets Division of the Transportation and Public Works Department. This internal acquisition will serve as an alternative to expending budgeted funds on the purchase of new vehicles. The vehicles are no longer needed by the Construction Inspection Section and will replace older models that will be turned in for auction by the Streets Division. The FY2016 Capital Improvement Program (CIP) included funding in the Vehicle & Equipment Replacement Fund (VERF) for the Streets Division to replace vehicles and equipment. The transfer of vehicles will result in the cancellation of previously approved Equipment Purchase Requests (EPRs) related to these vehicles, and a portion of the funds budgeted for new vehicle and equipment purchases will be transferred to the Capital Projects Service Fund. Logname: 2121 TRANSFER OF FUNDS FOR CAPITAL PROJECTS SERVICE FUND Page I of 3 Adoption of the first ordinance will revise the capital appropriation ordinance that was adopted earlier this year to reduce project totals and lower the amount for external capital outlays. Adoption of the second ordinance will: (i) reallocate the dollars within the General Fund for the Transportation and Public Works Department to reflect that funds for the internal acquisitions will be transferred to the Capital Projects Service Fund for the external outlay for external vehicle and equipment purchases; and (ii) document the transfer in and increased contribution to the fund balance in the Capital Projects Service Fund. Once these funds have been reclassified for a budgeted transfer, the Chief Financial Officer will be able to effect the transfer of funds in accordance with the authority delegated to him in the FY2016 operating appropriation ordinance. The amount that is being transferred to the Capital Projects Service Fund is based on the presumptive value of the vehicles. "Presumptive value" is used to determine value when vehicles are either too new or unique to use the City's average auction value. The Texas Standard Presumptive Value (SPV) is a value generated by the State of Texas for tax purposes for vehicles that are not bought through a licensed vendor. Presumptive value is approximately 10 percent lower than Kelly Blue Book for private sale, very good condition. Both are based on year, model, and mileage. Both divisions have agreed upon the presumptive value of the vehicles as a fair value. The presumptive value of the vehicles being transferred is: EQUIPMENT NO. EAR MAKE MODEL —'PRESUMPTIVE I 2060047 2006 Chevrolet JPickup __$6,500.00_ 2060048 _ 2006 Chevrolet v —Pickup $6,500.00 2060049 _ a2006 IChevrolet __Pickup _$6,500.00 2060064_ 2007 Ford JlPickup _ $6,500.00 _ 2080113 2011 Ford JPickup 1$6,500.00 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 ordinances funds will be deposited in the Fiscal Year 2016 operating budget of the Capital Projects Service Fund. FUND IDENTIFIERS (FIDs): TO Fund Department Accoun Project ProgramActivity Budget Reference # Amount ID ID Year Chartfield 2 1 601021 0209905 14901001 1 1 1$32,500.001 FROM Fund Department Accoun Project ProgramActivity Budget Reference # Amount ID ID Year Chartfield 2) 11)302001 0200431 1 5750010 1 C20001 I ICAPPURI 2016 1 1$32,500.0 0 CERTIFICATIONS: Logname: 2121 TRANSFER OF FUNDS FOR CAPITAL PROJECTS SERVICE FUND Page 2 of 3 Jay Chapa (5804) Originating Department Head: Steve Cooke (5134) Additional Information Contact: Wayne Corum (5118) Logname: 2121 TRANSFER OF FUNDS FOR CAPITAL PROJECTS SERVICE FUND Page 3 of 3