Loading...
HomeMy WebLinkAboutOrdinance 22973-10-2017 Ordinance No. 22973-10-2017 AN ORDINANCE INCREASING THE FISCAL YEAR 2017 ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE ALLIANCE MAINTENANCE FACILITY FUND IN THE AMOUNT OF $1,800,000.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING CONTRACTUAL AND ELECTRICITY EXPENDITURES IN FY2017; 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 2016-2017 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the amount of$1,800,000.00 in the Alliance Maintenance Facility Fund, from available funds, for the purpose of funding contractual and electricity expenditures in FY2017. 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 22393-09-2016 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. OVED A TO FOR AND LEGALITY: CITY SECRETARY Denig McEI y, Senior Assistant City Attorney ary J. y ADOPTED AND EFFECTIVE: October 24, 2017 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 10/2442017 - Ordinance No. 22973-10-2017 DATE: Tuesday, October 24, 2017 REFERENCE NO.: **G-19147 LOG NAME: 21AMF FY2017 BUDGET ADJUSTMENT SUBJECT: Adopt Supplemental Appropriation Ordinance Increasing Fiscal Year 2017 Estimated Receipts and Appropriations in the Alliance Maintenance Facility Fund in the Amount of$1,800,000.00 to Fund Contractual and Electricity Expenditures (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council: 1)Adopt the attached supplemental appropriation ordinance increasing Fiscal Year 2017 estimated receipts and appropriations in the Alliance Maintenance Facility Fund in the amount of$1,800,000.00 from available funds; and 2)Authorize the payment of electricity and contractual expenditures to TXU Energy and to Hillwood Properties. DISCUSSION: The Alliance Maintenance Facility Fund Fiscal Year 2017 budget was approved by the City Council as part of the Fiscal Year 2017 Adopted Budget. The actual expenditures for electricity and other contractual services have exceeded the budgeted amounts by approximately $1,800,000.00. These expenditures are reimbursed by the tenants each month as a part of their operating expenses and will be recouped as revenue in the Alliance Maintenance Facility Fund. However, a supplemental appropriation ordinance is required to properly budget and account for the revenues and expenditures. Approval of this Mayor and Council Communication (M&C)will appropriate an additional $1,800,000.00 to the Flscal Year 2017 budget of the Alliance Maintenance Fund, which will provide for an increase of $500,000.00 for electricity and an increase of$1,300,000.00 for other contractual services. 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 and adoption of the attached appropriation ordinance, funds will be available in the Fiscal Year 2017 operating budget as appropriated, of the Alliance Maintenance Facility Fund. Logname: 21 AMF FY2017 BUDGET ADJUSTMENT Page 1 of 2 FUND IDENTIFIERS (FIDS): TO Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year ChartField 2 FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office iM. Jay Chapa (5804) Originating Department Head: Steve Cooke (5134) Additional Information Contact: Mark Brown (5197) Logname: 21AMF FY2017 BUDGET ADJUSTMENT Page 2 of 2