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HomeMy WebLinkAbout(0025) Rec 1 C&T Operating FY21 AO 20101.PDFOrdinance No. AN ORDINANCE ADJUSTING RECEIPTS AND APPROPRIATIONS IN THE CULTURE AND TOURISM FUND BY DECREASING ESTIMATED RECEIPTS BY DECREASE ESTIMATED RECEIPTS BY $2,945,925.00, DECREASE APPROPRIATIONS BY $1,664,221.00 AND REDUCE TRANSFER TO CAPITAL BY $1,007,000.00, AND INCREASE USE OF FUND BALANCE BY $1,281,704.00, RESULTING IN AN AMENDED FY2021 BUDGET OF $34,762,616.00; 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 2020-2021 in the Budget of the City Manager, there shall also be decreased estimated receipts and appropriations in the Culture and Tourism Fund, decreasing receipts by $2,945,925.00, increasing use of fund balance by $1,281,704.00, and decreasing appropriations by $1,664,221.00 which includes a decrease in transfer to capital by $1,007,000.00 for a total amended budget of $34,762,616.00, to adjust for significant impact from Covid-19. 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 24446-09-2020 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 City Attorney ADOPTED AND EFFECTIVE: Mary J. Kayser