HomeMy WebLinkAboutOrdinance 25615-08-2022 ORDINANCE NO.25615-08-2022
AN ORDINANCE REALLOCATING APPROPRIATIONS IN THE PUBLIC
EVENTS DEPARTMENT OF THE CULTURE AND TOURISM FUND BY
INCREASING THE TRANSFERS AND OTHER CATEGORY IN THE AMOUNT
OF $780,000.00, (1) WITH $404,294.00 FROM USE OF FUND BALANCE, AND (2)
BY DECREASING BUDGETED CONTRIBUTION TO FUND BALANCE IN THE
AMOUNT OF $375,706.00 (RESULTING IN A $0 CONTRIBUTION TO FUND
BALANCE), FOR THE PURPOSE OF TRANSFERRING TO THE PUBLIC
EVENTS CAPITAL FUND; 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 reallocated appropriations in the Public Events Department of
the Culture and Tourism Fund by increasing the Transfers and Other category in the amount of$780,000.00,
(1)with$404,294.00 from use of fund balance, and(2)by decreasing budgeted contribution to fund balance
in the amount of$375,706.00(resulting in a$0 contribution to fund balance), for the purpose of transferring
to the Public Events Capital Fund.
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said prior ordinances and appropriations are hereby expressly repealed.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
ia`c`ceii-e-S. TvUriaCG ,...-�
Jannette S.Goodall(Aug ll,202213:51
Assistant City Attorney Jannette S. Goodall
City Secretary
ADOPTED AND EFFECTIVE:August 9,2022
�XAS
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 08/09/22 M&C FILE NUMBER: M&C 22-0580
LOG NAME: 25C&T OPSFUND TRANS CAP
SUBJECT
(CD 7)Adopt Supplemental Appropriation Ordinances(i)Reallocating Appropriations and Capital Transfers in Culture and Tourism Fund and(ii)
Increasing Appropriations in the Public Events Capital Fund and Amend the Fiscal Year 2022 Adopted Budget and Fiscal Years 2022-2026 Capital
Improvement Program
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance reallocating appropriations in the Public Events Department of the Culture and Tourism Fund by
increasing the Transfers and Other Category in the amount of$780,000.00,(1)with$404,294.00 from use of fund balance,and(2)by decreasing
budgeted contributions to fund balance in the amount$375,706.00(resulting in a$0 budgeted contribution to fund balance),for the purpose of
transferring to the Public Events Capital Fund;
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Public Events Capital Fund the amount of
$780,000.00,transferred from available funds within the Culture and Tourism Fund,for the purpose of funding the WRMC Minor Renovation and
Repair programmable project(City Project No. P00054);and
3. Amend the Fiscal Year 2022 Adopted Budget and Fiscal Years 2022-2026 Capital Improvement Program.
DISCUSSION:
The City of Fort Worth's annual operating budgets are formally enacted into law by City Council action adopting an appropriation ordinance that
establishes spending limits for each department's operation.This Mayor and Council Communication(M&C)amends the Culture and Tourism Fund
Fiscal Year 2022 budget to reallocate$780,000.00 in available resources for minor renovation and repairs needed at the Wi11 Rogers Memorial Center
(WRMC).
The actions in this M&C will amend the Fiscal Year 2022 Adopted Budget as approved in connection with Ordinance 25073-09-2021, Section 2.
Special Revenue Funds,as listed on page 5,and Section 6.Capital Improvements,as listed on page 25.
Fund/Department FY2022 Adopted Budget Revised FY2022
Budget Category Budget Authority Adjustment Budget
Revenues
Culture and Tourism
Hotel Occupancy Taxes $20,526,113.00 $20,526,113.00
Charges for Services $4,833,487.00 $4,833,487.00
Use of Money and Property $9,161,429.00 $9,161,429.00
Other Revenue $1,859,903.00 $1,859,903.00
License and Permits $5,500.00 $5,500.00
Transfer from General Fund 17VFW ECONOMIC
$3,691,893.00 DEVELOPMENT $90,000.00 $3,781,893.00
PROMOTIONAL FUNDING
Use of Fund Balance This M&C $404,294.00 $404,294.00
Total Revenues $40,078,325.00 $494,294.00 $40,572,619.00
Expenditures
Culture and Tourism 17VFW ECONOMIC
$37,090,240.00 DEVELOPMENT $90,000.00 $37,180,240.00
PROMOTIONAL FUNDING
Transfer to General Fund $901,477.00 $901,477.00
Transfer to Culture and Tourism Capital Projects Fund $856,000.00 $856,000.00
This M&C $375,706.00 $375,706.00
FB/NP Interfund Transfer Out This M&C $404,294.00 $404,294.00
Transfer to Vehicle and Equipment Replacement Fund $25,000.00 $25,000.00
Transfer to IT Refresh Capital $31,500.00 $31,500.00
Transfer to Culture and Tourism Debt Fund $343,372.00 $343,372.00
Transfer to Venue Debt Fund $455,030.00 $455,030.00
Contribution to Fund Balance $375,706.00 ($375,706.00) $0.00
Total Expenditures $40,078,325.00 $494,294.00 $40,572,619.00
Capital Fund FY2022 CIP Revised FY2022
Name Project Name Appropriations Authority Budget Adjustment Budget
30205-Public
Events Capital P00054 $1,695,000.00This M&C $780,000.00 $2,475,000.00
The Culture and Tourism Fund is currently projecting to exceed budgeted revenue for FY2022 attributable to the continued increases this fiscal year in
the Hotel Occupancy Tax collections. Revenue generation from the WRMC is also project to exceed budget for FY2022 as well. As resource stability
continues to increase,the Department can refocus on the existing list of minor renovation and repair needs,which have been suspended during the
pandemic and subsequent periods of recovery uncertainty.
Per the findings in the 2018 Facilities Assessment,the brick fagade and cast stone copings around the perimeter of the WRMC Auditorium, Coliseum
and Burnett Building are in need of specialized cleaning and repair. Several cast stone copings and other stone roof and facade elements are
beginning to unseat and fall away from the building and should be reset along with a few locations where the brick has been damaged and the cast
stone elements including trim and soffits are damaged and need repair.After copings and cast stone elements are cleaned and repaired,they should
be sealed for protection and to maintain visual aesthetics for a longer period of time.The entire fagade,copings and soffits need to be cleaned under
strict Cast Stone Institute and American Masonry Institute guidelines and will take approximately 21 weeks to complete.
With the addition of these renovation and repair funds,the cleaning and repair of the fagade around these facilities, all remaining sides of the building
not completed in the previous project,could be addressed, in addition to removing damaging pollutants such as sulfur and nitrogen oxides,and other
acid rain pollutants,from the fagade,exposing the substrate for further evaluation and repair. Additionally,the cleaning, investigative work,and repair
creates an aesthetically appealing venue that increases the overall customer experience.
Funding is available for appropriations in the fund balance and contribution to fund balance accounts within the Culture&Tourism operating fund for the
purpose of transferring to the Public Events Capital Fund to fund the WRMC Minor Renovations and Repairs programmable project. The current
available fund balance is$11,249,228.83 and after the transfer the fund balance will be$10,844,934.83.
A Form 1295 is not required because:This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION I CERTIFICATION:
The Director of Finance certifies that funds are currently available in fund balance and contribution to fund balance within the Culture&Tourism Fund
and upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds will be available in the Public Events
Capital Fund for the WRMC Minor Renovation and Repair programmable project. Prior to an expenditure being incurred,the Public Events
Department has the responsibility of verifying the availability of funds.
Submitted for City Manager's Office by: Reginald Zeno 8517
Originating Business Unit Head: Michael Crum 2501
Additional Information Contact: Keith Chisolm 2525
Expedited