HomeMy WebLinkAboutOrdinance 25437-04-2022 ORDINANCE NO.25437-04-2022
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT
DISTRICT 19-HISTORIC CAMP BOWIE FUND IN THE AMOUNT OF$10,000.00,
FROM AVAILABLE,UNRESERVED FUND BALANCE,FOR THE PURPOSE OF
FUNDING MID-YEAR BUDGET ADJUSTMENTS; 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 2021-2022 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fort
Worth Public Improvement District 19-Historic Camp Bowie Fund in the amount of $10,000.00, from
available,unreserved fund balance, for the purpose of funding mid-year budget adjustments.
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 25073-09-2021 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said prior ordinances and appropriations are hereby expressly repealed.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
ice,,et) ,E Yann&-PtO S. Groodall
Jannette S.Goodall(Apr 15,202213:32 CDT)
Assistant City Attorney Jannette S.Goodall
ADOPTED AND EFFECTIVE:April 12,2022
C3: � 'i
City of Fort Worth,Texas
Mayor and Council Communication
DATE: 04/12/22 M&C FILE NUMBER: M&C 22-0251
LOG NAME: 17PID19 MIDYEARFY22
SUBJECT
(CD 3 and CD 7)Adopt Attached Ordinance Amending the Fiscal Year 2021-2022 Adopted Budget and Five-Year Service Plan for Public
Improvement District 19—Historic Camp Bowie and Adopt Attached Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached ordinance amending the Fiscal Year 2021-2022 Budget and Five-Year Service Plan for Public Improvement District 19—
Historic Camp Bowie to reflect amendments associated with a mid year review and direct the City Secretary to record the same in the real
property records of Tarrant County,Texas no later than the seventh(7th)day after adoption by the City Council;and
2. 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$10,000.00,from available,unreserved fund balance,for the purpose of funding mid-year
budget adjustments.
DISCUSSION:
The City of Fort Worth's Department of Economic Development administers the City's Public Improvement Districts(PIDs).The City's PID Policy
outlines the need to proactively work with the City's PID management companies to oversee the services being provided within each of the PIDs.
PID 19—Historic Camp Bowie(or the Historic Camp Bowie PID)is managed by Camp Bowie District Inc.,(CBDI).
On September 21,2021,City Council adopted Ordinance No.25091-09-2021,approving the fiscal year(FY)2021-2022 Budget,Five-Year
Service Plan,Assessment Plan,and Tax Year 2021 Assessment Roll for the Historic Camp Bowie PID. After conducting a mid-year review of the
Historic Camp Bowie PID's budget, City staff and CBDI have identified the need to increase the Historic Camp Bowie PID Budget by$10,000.00
to align expenses with actual activities that are attributable primiarily with reductions in Green Ribbon Funding,Economic Development,and
Insurance to accommodate and increase in beautification,security,marketing&promotion,and communication line items.Changes to the budget
can be primarily attributed to a change in management and priorities.
Revenue adjustments:
Line Items to Previously Recommended Amended
be Adjusted Approved FY22 Mid-Year FY22 Budget
Budget Item Adjustment Item
PID $446,156.00 $0.00 $446,156.00
Assessments
COFW
Payment in lieu $17,791.00 $0,00 $17,791.00
of Services
Use of Fund $83,460.00 $10,000.00 $93,460.00
Balance
Totals $547,407.00 $10,000.00 $557,407.00
Expenditure adjustments:
Line Items to Previously Recommended Amended
be Adjusted Approved FY22 Mid Year FY22 Budget
Budget Item Adjustment Item
Beautification $25,486.00 $33,109.00 $58,595.00
Green Ribbon $60,000.00 �
Funding ($60,000.00) $0.00 Beautification- $105,868.00 $10,256.00 $116,124.00
Maintenance
Security $26,208.00 $21,732.00 $48,000.00
Economic $55,000.00 ���
Development ($16,750.00) $38,250.00
Marketing& $28,000.00 $10,750.00 $38,750.00
Promotion
Communication $12,121.00 $28,849.00 $40,970.00
Insurance $20,000.00 ($20,000.00) $0.00
Audit �� $6,500.0ql $2,250.00 $8,750.00
Totals $341,939.00 $10,000.00 $351,939.00
All other previously approved line items not mentioned above remain the same.Upon approval of the above recommendations,the total budgeted
expenses for FY 2021-2022 will be$557,407.00.This mid-year budget adjustment will decrease the unaudited,unassigned fund balance by a
total of$10,000.00.The revised Budget and Five-Year Service Plan will take effect upon approval by City Council. The City and CBDI will update
the existing contract to reflect the mid-year adjustment(City Secretary Contract No.56190).
Funding is available for appropriation in the fund balance of the FWPID#19-Historic Camp Bowie Fund. The beginning balance is$253,207.30
after this M&C available balance will be$159,747.30.
The Historic Camp Bowie PID is located in COUNCIL DISTRICTS 3&7.
A Form 1295 is not required 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 attached appropriation ordinance,funds
will be available in the current operating budget,as appropriated,in the FWPID#19—Historic Camp Bowie Fund. Prior to any expenditure being
incurred,the Economic Development Department has the responsibility to validate the availability of funds.
Submitted for City Manager's Office b . Reginald Zeno 8517
Originating Business Unit Head: Robert Sturns 2663
Additional Information Contact: Crystal Hinojosa 7808
Expedited