HomeMy WebLinkAboutOrdinance 23690-06-2019 Ordinance No. 23690-06-2019
AN ORDINANCE INCREASING APPROPRIATIONS IN THE FORT WORTH PUBLIC
IMPROVEMENT DISTRICT 19 — HISTORIC CAMP BOWIE FUND IN THE AMOUNT OF
$168,613.00 AND DECREASING THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT
19 — HISTORIC CAMP BOWIE FUND UNAUDITED, UNASSIGNED FUND BALANCE BY
THE SAME AMOUNT, FOR THE PURPOSE OF FUNDING THE FISCAL YEAR 2018-2019
ANNUAL OPERATING BUDGET; 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 2018-2019 in the
Budget of the City Manager, there shall also be increased appropriations in Fort Worth Public Improvement
District 19—Historic Camp Bowie Fund in the amount of$168,613.00, and decreasing the Fort Worth Public
Improvement District 19 — Historic Camp Bowie Fund unaudited, unassigned fund balance by the same
amount, for the purpose of funding the Fiscal Year 2018-2019 annual operating budget.
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 23392-09-2018 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said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRETARY
Assistant ant Cir ttorney NI ry J. Kayser
ADOPTED AND EFFECTIVE: June 18, 2019 FOR +'n
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City of Fort Worth
Five Year Service Plan-FY 2018/2019-Mid Year Adjustment
Public Improvement District No.19-Historic Camp Bowie
FYE 16119 Revised FYE 181`19 FYE 19120 FYE 20121 FYE 21122 FYE 22123
REVENUES
PID Assessments $389,139 $389,139 $408,596 $429,026 $450,477 $473,001
COFW Assessment
COFW Payment in lieu of Services 17,791 17,791 17,791 17,791 17,791 17,791
PID Generated Revenue
Budget Revenues $406,930 $426,387 $446,817 $468,268 $490,792
Transfer From PID#8 197,800 366,413 - - - -
Trial Balance
Total Revenues $773,343 $426,387 $446,817 $468,268 $490,792
EXPENSES
Management Fee 95,619 95,619 94,510 85,805 90,095 94,600
Beautification 104,498 273,111 24,388 38,148 39,166 40,236
Beautification-Utilities 20,000 20,000 21,000 22,050 23,153 24,310
Beautification-Maintenance 90,255 90,255 94,768 99,506 104,481 109,706
Litter Abatement 89,400 89,400 93,870 98,564 103,492 108,666
Security 20,400 20,400 21,420 22,491 23,616 24,796
Economic Development 21,000 21,000 - - -
Marketing&Promotion 30,000 30,000 31,500 33,075 34,729 36,465
Communication 20,000 20,000 23,050 24,203 25,413 26,683
Insurance 6,700 6,700 7,035 7,387 7,756 8,144
Audit 6,000 6,000 6,300 6,615 6,946 7,293
City Administrative Fee 8,139 8,139 8,546 8,973 9,422 9,892
Refund of Professional Fees Related to
the Establishment of PID 19 7,500 7,500 - - - -
Budget Expenses 519,511 688,124 426,387 446,816 468,268 490,792
Contribution to Fund Balance 85,219 85,219 - - -
Total Expenses $604,730 $773,343 $426,387 $446,816 $468,268 $490,792
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 8/18/2019 Resolution No.5102-06-2019 & Ordinance No..
23690-06-2019
DATE: Tuesday, June 18, 2019 REFERENCE NO.: **G-19558
LOG NAME: 13PID19MIDYEARFY19
SUBJECT:
Adopt Resolution Amending the Fiscal Year 2018-2019 Budget and Five-Year Service Plan for Public
Improvement District No. 19 - Historic Camp Bowie, Authorize Transfer of$168,613.00 from Fort Worth
Public Improvement District 8 - Camp Bowie Fund to the Fort Worth Public Improvement District 19 -
Historic Camp Bowie Fund and Adopt Appropriation Ordinance (COUNCIL DISTRICT 3 & 7)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached resolution approving the revised Fiscal Year 2018-2019 Budget and Five-Year
Service Plan for Public Improvement District No. 19—Historic Camp Bowie to reflect amendments
associated with a mid-year review;
2. Authorize transfer of$168,613.00 from the Fort Worth Public Improvement District 8 - Camp Bowie
Fund to the Fort Worth Public Improvement District 19 - Historic Camp Bowie Fund; and
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Fort Worth Public Improvement District 19— Historic Camp Bowie Fund in the amount of
$168,613.00.
DISCUSSION:
The City of Fort Worth Department of Financial Management Services administers the City's Public
Improvement Districts (PIDs) in accordance with Chapter 372 of the Texas Local Government Code. The
City's PID Policy outlines the need to proactively work with the PID managers to oversee the services
being provided by the PIDs and their associated financial positions. Staff, along with the contracted PID
management companies, have conducted mid-year reviews of the annual budget and will recommend
adjustments, as needed.
The City contracts with Camp Bowie District, Inc. to manage the Historic Camp Bowie PID ("PID 19").
Camp Bowie District, Inc has identified the need to increase the Historic Camp Bowie PID budget by
$168,613.00 to cover expenses associated with the beautification line item in the budget and 5-year
service plan. The expenses include additional trees and cost associated with the Green Ribbon Funding
project.
With the establishment of PID 19, a transfer was previously approved in the amount of$197,800.00 from
the Camp Bowie PID 8 fund to the PID 19 fund. At year end, it was determined there was an additional
$168,613.00 remaining in the Camp Bowie PID 8 fund, which is all attributable to prior assessments from
property that is east of Irene Street and within the boundaries of the proposed PID 19 (Historic Camp
Bowie). To ensure that the prior assessments from PID 8 (Camp Bowie) continue to confer a special
benefit on those properties that were subject to the same, staff is recommending that the full remaining
fund balance of$168,613.00 be transferred to PID 19 (Historic Camp Bowie) to be expended on
Logname: 13PID19MIDYEARFY19 Page I of 3
improvements and services within PID 19's boundaries.
Revenue:
Line Items to Previously Approved Recommended Mid- Amended FY19
be Adjusted FY19 Budget Item Year Adjustment Budget Item
Transfer from $197,800.00 $168,613.00 $366,413.00
PID #8
Total Budget $197 800.00 $168,613.00 $366,413.00
Revenue
Expenditures:
Line Items to be Previously Approved Recommended Mid- mended FY19
Adjusted FY19 Budget Item Year Adjustment Budget Item
Contractual [$511,372.00 $168,613.00 [$679,985.00
Services
Transfer Out 1$8,139.00 F - Fs8,13 .00
Contribution to $85,219.00 - $85,219.00
Fund Balance
Total Budget $604,730.00 $168,613.00 $773,343.00
Expense
i
Staff recommends a transfer of$168,613.00 of the full remaining balance be transferred from Historic
Camp Bowie PID 19 budget. All other previously approved line items not mentioned above remain the
same. Upon approval of the above recommendations, the total budgeted expenses for Fiscal Year 2018-
2019 will be $773,343.00. The revised Budget and Five-Year Service Plan will take effect upon approval
by City Council. The City and Historic Camp Bowie District will update the existing contract to reflect the
mid-year adjustment (CSC Nos. 51632 and 51903).
The Historic Camp Bowie PID is located in COUNCIL DISTRICT 3 & 7
A Form 1295 is not required for this contract because: 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
Logname: 13PID19MIDYEARFY19 Page 2 of 3
attached appropriation ordinance, funds will be available in the current operating budget , as appropriated
of the FWPID#19-Historic Camp Bowie Fund.
FUND IDENTIFIERS(FIDs):
TO
Fund Department ccoun Project Program ctivity Budget Reference # moun
ID ID Year Chartfield 2
FROM
Fund Department ccoul 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: Kevin Gunn (2015)
Additional Information Contact: Angela Estrada (8511)
Logname: 13PID19MIDYEARFY19 Page 3 of 3