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Home My WebLink AboutOrdinance 8597.. _ ~~r i `5. ~~ . ~_ ORDINANCE NO ~-S _.,~ -..~- ~- 7'- .mom. _ ~. AN ORDINANCE APPROPRIATING ADDITIONAL REVENUE OF THE CITY OF FORT WORTH IN THE AMOUNT OF $391 490 FROM THE UNAPPROPRIATED GENERAL FUND BALANCE $126 380 FROM THE UNAPPROPRIATED RETAINED EARNINGS OF THE WATER AND SEWER FUND $22 990 FROM THE UNAPPROPRIATED RETAINED EARNINGS OF THE EQUIPMENT SERVICE FUND AND $9 240 FROM THE UNAPPROPRIATED RETAINED EARNINGS OF THE AIRPORT FUND TO THE WORKERS COMPENSATION FUND FOR FISCAL YEAR 1982 PROVIDING FOR A SEVERABILITY CLAUSE MAKING THIS ORDI- NANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR 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 the City Manager of the City of Fort Worth is hereby authorized to appropriate $391 490 from the unappropriated General Fund Revenues $126,380 of the Unappropriated Retained Earnings of the Water and Sewer Fund $22 990 from the Unappro- priated Retained Earnings of the Equipment Services Fund and $9 240 from the Unappropriated Retained Earnings of the Airport Fund and transfer said $550 000 total to the Workers Compensa- tion Fund for fiscal year 1982 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 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 8391 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with such other ordinances and appropriations in which instances said conflicting provisions are hereby expressly repealed P_ ~~ •= -. ~ . SECTION 4. That this Ordinance shall take effect and be in full force and effect from and after the date of its passage and it is so ordained APPROVED AS TO FORM AND LEGALITY City Attorney 1-- 4 - g ~- ADOPTED EFFECTIVE -2- _ _ ~ ~^ ~ _ -~--~-i o wort Worth.8 ~~as r~R ~ree.;n `CITY MAN~2 a or -and C®uncil C®rr~~nuna.ca~~®~ ~`C~sS'u~r,t'I~lY~`.'~ IAT~~~~YI~~~~' ~ ~r?t ~ E NUMBER SUBJECT Supplemental Appropriation for PAGE 2 7/15 /8 G-5358 Workers' Compensation ~ of_l____ 1 ~F~;a;(5;~, i ~Aib *T During the midyear budget session the City Council was advised of a projected ft~.~'~k'~~~s allocated to pay Workers` Compensation Expense for fiscal year 1981-82 A ain on May 4 1982, at the Council Workshop the Personnel Department ~ `"s~~l~~E`~I~ ~'~ty Council of this situation and provided background information as g,A,~}~~t the current year expenses would significantly exceed the budgeted funds ~n both of these occasions City Council was advised that this projected deficit wc~~~l~d=~xc~ed $50A OAO Based on payments~`m~de for the first 8 months of fiscal year 1981-82 for Workers' -Compensa-tion;~a~~1 funds budgeted are exhausted and the fund is currently in a deficit situation.._,~,Expense factors of the first 8 months of fiscal year 1981-82 ~es_t.ab.lish-~-_th-e~•~proj-eetion that an additional $550 000 will be necessary to pay -Wo-r-k~er-s~ Compen~sa`t'i~'n expenses due during the remainder of the fiscal year ~"Fiiiancing ~~~~~ __~,~.,_ ,__ ,It is proposed to finance the projected deficit by appropriating $550 000 from the unappropriated retained earnings based on the workers' compensation cost "experience per funds as follows ~~- _ General Fund (71 18%) $391 ,390 00 Water and Sewer Fund (22 96%) 126 380 00 Equipment Services Fund (4 18%) 22 990 00 Aviation Fund ( 1 68%) 9,240 00 ~5~0~0,0.0.00 ~~r Fi~~ R~c~~~ Recommendation CIlY ~ SLCfd~~AR~ ft ~ It is recommended that ®R~il, "'q~y ~ 1 The City Council adopt a supplemental Appropriation Ordi~an~ e~ap, ropriat- ing funds to be transferred to the Workers' Compensation fund as follows a $391 390'from Unappropriated Fund balance of the General Fund b $126 380 from Unappropriated Retained Earnings of the Water and Sewer Fund c $22 990 from Unappropriated Retained Ear"snings ~~~ ~qu~~rmenr Service Fund ~ ~ ^' ~ ~ ~~ d $9 240 from Unappropriated Retained Earnings h ~! gyp. Fund .lUl. ~.~ 1982 DI of C~ ecxetary of the ~~~`~ ADOPTED ~~~~~~~~~~ ~-~`~7 SUBMITTED FOF~~TFit CIYY MANAGER' ~ DISPOSITION BY COUNCIL: PROCESSED BY OFFICE BY .-> (~ APPROVED ORIGINATING (', OTHER (DESCRIBE) DEPARTMENT WEAD• David Ivor CITY SECRETARY FOR ADDITIONAL INFORMATION CONTACT David Ivor Ext. 6123 DATE