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HomeMy WebLinkAboutOrdinance 20247-06-2012Ordinance No. 20247 -06 -2012 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIALLY FUNDED CAPITAL PROJECTS FUND IN THE AMOUNT OF $7,165,447.50, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FINANCING A PORTION OF THE ENTERPRISE RESOURCE PLANNING (ERP) PHASE II SYSTEM; 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 2011 -2012 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Specially Funded Capital Projects Fund in the amount of $7,165,447.50, from available funds, for the purpose of financing a portion of the Enterprise Resource Planning (ERP) Phase II System. 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.19911 -09 -2011 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APPROVW S TO FORM AND LEGALITY: —4 ( t AssiOant City ADOPTED AND EFFECTIVE: June 12, 2012 City of Fort Worth, Texas Mayor and Council Communication F. Lcx1 COUNCIL ACTION: Approved on.6/1212012 - Ordinance Nos. 20247 -06 -2012 & 20248 -06• 2012 & 20249 -06 -2012 DATE: Tuesday, June 12, 2012 LOG NAME: 13ERP2TRANSFERS REFERENCE NO.: G -17616 SUBJECT: Authorize Transfer in the Amount of $9,802,783.00 from Various Funds to the Specially Funded Capital Projects Fund and the Enterprise Resource Planning Capital Project Fund to Fund a Portion of Enterprise Resource Planning Phase II and Adopt Appropriation Ordinances (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer Fund in the amount of $7,431,687.00 and decreasing the available cash balance by the same amount; 2. Authorize the transfer in the amount of $1,071,641.00 from the Municipal Airports Fund, $7,431,687.00 from the Water and Sewer Fund, $99,494.00 from the Municipal Parking Fund, $586,304.00 from the Solid Waste Fund, $435,939.00 from the Storm Water Utility Fund, and $177,718.00 from the Culture and Tourism Fund to the Specially Funded Capital Projects Fund in the amount of $7,165,447.50 and to the Enterprise Resource Planning Capital Project Fund in the amount of $2,637,335.50; and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund in the amount of $7,165,447.50 and in the Enterprise Resource Planning Capital Project Fund in the amount of $2,637,335.50 from available funds. DISCUSSION: Approval of this M &C will authorize transfer of previously budgeted and appropriated dollars from various Enterprise Funds to finance a portion of the Enterprise Resource Planning (ERP) Phase II system, and it will approve a supplemental appropriation and transfer of funds from the Water and Sewer Fund for the same purpose. On October 5, 2010, (M &C G- 17074) the City Council adopted Ordinance No. 19382, authorizing the issuance of Combination Tax and Revenue Certificates of Obligation (CO), Series 2010A, in part to fund a portion of the cost of Phase II of an ERP system. The CO debt issuance associated with Phase II was limited to the General Fund and Municipal Golf Fund. All other contributing funds preferred transfers to the project instead of a debt issue. The Municipal Airports Fund and Culture and Tourism Fund each determined that a one -time transfer was most appropriate. The Water and Sewer Fund has determined that a two -year payment strategy was appropriate, and the Solid Waste Fund, Municipal Parking Fund, and Storm Water Utility Fund each opted for annual transfers from their operating budgets for a period of up to four years. These decisions were based on the availability of funds and the individual business Logname: 13ERP2TRANSFERS Page 1 of 3 needs of each enterprise. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the current operating and capital budgets, as appropriated, of the Specially Funded Capital Projects Fund and the ERP Capital Project Fund. Upon approval, the available cash balance in the Water and Sewer Fund will exceed the minimum reserve as outlined in the Financial Management Policy Statements. FUND CENTERS: TO Fund /Account/Centers 1) PE45 538070 0609000 1) PE45 538070 0709000 2)C291 472040 1310301361XX 2)C291 472045 1310301361XX 2) C291 472059 1310301361 XX 2)C291 472064 1310301361XX 2)C291 472069 1310301361XX 2) C291 472004 1310301361XX 2)C296 472040 1310301361XX 2) C296 472045 1310301361XX 2)C296 472059 1310301361XX 2)C296 472064 1310301361XX 2) C296 472069 1310301361 XX 2)C296 472004 1310301361XX 3) C291 472040 1310301361 XX 3)C291 472045 1310301361XX 3) C291 472059 1310301361XX 3) C291 472064 1310301361 XX 3)C291 472069 1310301361XX 3) C291 472004 1310301361 XX 3) C291 5XXXXX 1310301361XX 3)C296 472040 1310301361XX 3) C296 472045 1310301361XX 3)C296 472059 1310301361XX 3)C296 472064 1310301361XX 3) C296 472069 1310301361XX 3) C296 472004 1310301361XX 3) C296 5XXXXX 1310301361XX $1,071,641.00 $3,715,843.50 $3,715,843.50 $99,494.00 $586.304.00 $435,939.00 $88,859.00 $88,859.00 Logname: 13ERP2TRANSFERS Page 2 of 3 FROM Fund /Account/Centers $3,715,843.50 2) PE40 538070 0551000 $3,715,843.50 2) PE45 538070 0609000 $676,599.72 2) PE45 538070 0709000 $5,668,413.62 2) PE59 538070 0208500 $62,817.32 2) PE64 538070 0239901 $370,173.52 2) PE69 538070 0209000 $275,237.89 2) GG04 538070 0246000 $112,205.44 2) GG04 538070 0246010 $395.041.28 $ 1,763,273.38 $36,676.68 $216,130.48 $160,701.11 $65,512.56 $676,599.72 $5,668,413.62 $62,817.32 $370,173.52 $275.237.89 $112,205.44 $7,165,447.70 $395,041.28 $1,763,273.38 $36,676.68 $216,130.48 $160.701.11 $65,512.56 $2,637,335.50 $1,071,641.00 $3,715,843.50 $3,715,843.50 $99,494.00 $586.304.00 $435,939.00 $88,859.00 $88,859.00 Logname: 13ERP2TRANSFERS Page 2 of 3 CERTIFICATIONS: Submitted for City Manager's Office by: Originating Department Head: Additional Information Contact: Susan Alanis (8180) Lena Ellis (8517) Greg Jordan (8843) Logname: 13ERP2TRANSFERS Page 3 of 3