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HomeMy WebLinkAboutOrdinance 18632-05-2009Ordinance No. 18832-05-2009 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE MUNICIPAL AIRPORTS FUND IN THE AMOUNT OF $1,440,000.00, FROM VARIOUS FEES COLLECTED AT FORT WORTH ALLIANCE AIRPORT, FOR THE PURPOSE OF ACCOUNTING FOR ALL REVENUES COLLECTED; PROVIDING FOR A SEVERAf31LITY CLAUSE: MAKING THI5 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 2608-2069, there shall also be increased estimated receipts and appropriations in fhe Municipal Airports Fund in the amount of $1,440,000.00, from various fees collected at Fort Worth Alliance Airport, for the purpose of accounting for all revenues collected at Fort Worth Alliance Airport. 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 na 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. 18283 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: ;, Assistant City Attorney AC:;"tF`'.~ L7 AND EFrt.C,t 4L tvt,~.y.zt, ~C1U'u; City of Fort Worth, Texas Mayor and Council Communication C:C)UNCIL ACTIt)N: Appraved on 5t26t2009 -Card. Rta. 18632-06-2009 DATE: Tuesday, May 26, 2009 REFERENGE NO.: G-18579 LOG NAME: 55AIRPORT FEES APPROP SUBJECT: Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the Municipal Airports Fund by $1,440,000.00 from Various Airport Fees Collected at Fort Worth Alliance Airport RECOMMENDATION: It is recommended that the City Council authorize the City Manager to adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Municipal Airports Fund in the amount of $1,440,000.00 from various fees collected at Fort Worth Alliance Airport. DlscussloN: Alliance Air Management, LTD., collects landing, fuel flowage and other airport related fees on behalf of the City as part of City Secretary Contract {CSC) No. 20060 {M&G C-13817) an agreement between the City of Fart Worth and Alliance Air Management, LTD., for the operations of Fort Worth Alliance Airport. Under the agreement the City agreed to terms for revenue sharing as compensation far operating the airport. The terms were based on a percentage of total revenues collected. Currently the City receives 20 percent of those revenues and the remaining 80 percent is returned to Alliance Air Management, LTD. A recent evaluation of the process for accounting of these fees has revealed that the City is only accounting for our 20 percent of the revenue in the Municipal Airports Fund and not the full amount of the revenue collected. To correct this issue Staff is recommending that aII revenue received for Alliance Airport be reported as part of the Municipal Airports Fund budget and an expenditure be recorded to Alliance Air Management, LTD., each month as payment for their services. Currently, the budget only shows the net revenue as $310,000.00. With this increase in appropriation and receipts the budget will show revenue from Alliance Airport as $1,750,000.00 and the expense for Alliance Air Management, LTD., as $1,440,ODO.OD. This change in process only affects Gity staff and will not require an amendment to CSC No. 20060. FISGAL INFORMATION (CERTIFICATION: 'i'he Financial Management Services Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Municipal Airports Fund. FUND CENTERS: TO Fund=Accoun>~'Genters FROM FundlAccourftfGenters Logname: 'i5A[RPC7t2 ] FFE,S APPR()P i?a~e 1 t~1'2 PE40_ 491022. 0551301. $1,440,000.00 PE40 _539120 0551301 X1,440,000.00 CERTIFICATIONS: Submitted for City Manager's Office by Originating Department, Head: Additional Information Contact: Garl SmarC (6525} Kent Penney (5403} James Burris {5404) Lo~namc: ti~A}h'}~(7RT EIFS ~1PPR(3P Fage _' of?