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HomeMy WebLinkAboutOrdinance 16788-01-2006ordinance No. 16788-1-2006 AN ORDINANCE INCREASING APPROPRIATIONS IN THE GENERAL FUND IN THE AMOUNT OF $74,345 AND DECREASING THE UNRESERVED, UNDESIGNATED GENERAL FUND FUND BALANCE 6Y THE SAME AMOUNT, FOR THE PURPOSE OF FUNDING AN AGREEMENT WITH MAXIMUS FOR CONSULTING SERVICES TO ASSIST WITH AN OPERATIONAL REVIEW OF THE FINANCE DEPARTMENT; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWfTH; AND PROVIDING AN EFFECTIVE DATE. SE IT ORDA[NI=© 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 2406- 2446 fithe Budget of the City Manager, there shall also be increased appropriations in the General Fund in the amount of $74,345 and decreasing the unreserved, undesignated General Fund fund balance by the sarr:e amount, fnr the purpose of funding and agreement with Maximus for consulting services to assist with an operational review of the Finance Department. 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 shaft in no way impair the i-erriaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall tae and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. 16682 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in which instance said conflicting provisions of said prior ordinances and appropriakions are hereby expressly repealed. SECTION 4. ADOPTED AND EFFECTIVE: 3anuary 24, 2005 This ordinance shall take effect upon adoption. ~i ®f ~®rt VVr~rth~ Texas Mayor and Council Communication COUNC6~ ACTION: Approved on 112412D06 -Ordinance No. 16788-'l W20D6 DATE: Tuesday, January 24, 20QG LOG NAIi11E: 130P REVIEW SUBJECT; Adopt Appropriation Ordinance and Authorize an Operational Review of the Finance Department REFERENCE NO.. 02'[269 Agreement with Maximus, Inc., to Assist with an RECOMMENDATION: It is recommended that the City Council: 1. Authorize an agreement with Maximus, Inc., far consulting services to assist with an operational review of the Finance Department; 2. Authorize payment far services to Maximus, Inc., in an amount not to exceed $74,305.00; and 3. Adopt the attached appropriation ordinance increasing appropriations in the General Fund by $74,305.00 and decreasing the unreserved, undesignated Genera[ l=and fund balance by the same amount. DISGUSSION: In several management letters, KPMG, the City's previous independent auditor, recommended that "staffing levels [in the Finance Department) be reviewed to determine whether the City has the appropriate number of properly qualifed personnel in place to provide far accurate and timely closing of the City's accounting records and preparation of annual financial reports." In response to those recommendations and the problems encountered with preparing the FY2004 Annual Financial Report, a Request fnr Proposals (RFP) was issued to engage a consultant to review the staff levels and capabilities in the Finance Department, the reconciliation procedures and internal controls and the core financial systems and processes. BID ADVERTISEMENT -The RFP was advertised in the Commercial Recorder on November 23 and December 15, 2005. Seven firms responded to the RFP. A staff committee evaluated the proposals and selected Maximus, Inc., for the engagement. Maximus, Inc., is a national consulting firm, with a DaNas office, dedicated to serving state and local governments. It is expected that the project will take 15-18 weeks to complete. A report will be made to the Council at the completion of the project. MIWBE -Maximus, Inc., is in compliance with the City`s MIWBE Ordinance by committing to 6% MIWBE participation. The City's goal on this project is 5%. Logname, l 30P REVIEW Page I of 2 FISCAiL INFORMATiONICERTII=ICA71ON: The Finance Director certifies that upon approval of the above recommendations and adoption of the supplemental appropriation ordinance, funds will be availabie in the current operating budget, as appropriated, of the Genera[ Fund. The unaudited, unreserved, undesignated General Fund fund balance will be $43,568,870. Lognarne: 13OP REVIEW Page 2 of 2