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HomeMy WebLinkAboutOrdinance 25922-01-2023 ORDINANCE NO. 25922-01-2023 AN ORDINANCE REALLOCATING APPROPRIATIONS IN THE TRANSPORATION AND PUBLIC WORKS DEPARTMENT OF THE MUNICIPAL PARKING FUND BY INCREASING APPROPRIATIONS IN THE GENERAL OPERATING& MAINTENANCE CATEGORY IN THE AMOUNT OF$155,992.49 AND DECREASING APPROPRIATIONS FROM CONTRIBUTION TO FUND BALANCE BY THE SAME AMOUNT, 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 2022-2023 in the Budget of the City Manager, there shall also be adjusted appropriations in the Transportation and Public Works Department of the Municipal Parking Fund by increasing appropriations in the General Operating& Maintenance category in the amount of$155,992.49 and decreasing appropriations from Contribution to Fund balance by the same amount. 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which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 g . 'h y Jannette S.Goodall Assistant City Attorney City Secretary O2FORl�,j, ADOPTED AND EFFECTIVE:Januaryl0,2023 U i City of Fort Worth, Texas Mayor and Council Communication DATE: 01/10/23 MSC FILE NUMBER: M&C 23-0025 LOG NAME: 2022 YEAR END ADJUSTMENT PARKING FUND SUBJECT (ALL)Authorize Fiscal Year 2022 Budget Adjustments in the Municipal Parking Fund in the Amount of$155,992.49 to Offset Projected Shortfalls,Adopt Appropriation Ordinance, and Amend the Fiscal Year 2022 Adopted Budget RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance reallocating appropriations in the Transportation and Public Works Department of the Municipal Parking Fund by increasing appropriations in the General Operating&Maintenance category in the amount of$155,992.49 and decreasing appropriations from Contribution to Fund Balance by the same amount;and 2. Amend the Fiscal Year 2022 Adopted Budget. DISCUSSION: The purpose of this Mayor and Council Communication(M&C)is to take actions to facilitate year-end adjustments and to comply with City Charter. Those actions can generally be described as adjusting funding among Enterprise Fund departments. The City's annual operating budget is formally enacted into law by City Council action adopting an appropriation ordinance that establishes spending limits for each department's and fund's operation. In the past,staff have made year-end adjustments via M&C to address items that have arisen during the fiscal year. Municipal Parking_Fund The Recommendation requests the transfer of$155,992.49 from the Contribution From Fund Balance.The Transportation and Public Works Department absorbed costs associated with outside labor and maintenance cost due to increases in contractual obligations for the Trail Drive contract,the department will be over budget by the end of the 2022 fiscal year. The action in this M&C will amend the Fiscal Year 2022 Adopted Budget as approved in connection with Ordinance 25073-09-2021, Section 4. Enterprise Funds, as listed on page 16. Fund/Department FY2022 Adopted Budget Authority Budget Change Revised FY2022 Budget Category (Increase/Decrease) Budget Enterprise Funds Revenues Municipal Parking fund Charges for Services $ 5,960,753.00 $ 5,960,753.00 Use of Money and Property $ 201,519.00 $ 201,519.00 License and Permits $ 14,500.00 $ 14,500.00 Transfer from General Fund $ 600,000.00 $ 600,000.00 Total Revenues $ 6,776,772.00 $0.00 $ 6,776,772.00 Expenditures Transportation and Public Works $ 4,119,573.00 $ 155,992.49 $ 4,275,565.49 Capital Intrafund Transfer Out $ 35,000.00 $ 35,000.00 Transfer to General Fund $ 9,066.00 $ 9,066.00 Transfer to IT Refresh Capital $ 9,833.00 $ 9,833.00 Contribution to Net Position $ 2,603,300.00 This M&C $ (155,992.49) $ 2,447,307.51 Total Municipal Parking FY22 Budget $ 6,776,772.00 $0.00 $ 6,776,772.00 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 funds are currently available in Transfer&Other category within the Municipal Parking Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance,funds will be available in the Municipal Parking Fund for the General Oper&Maint category. Prior to an expenditure being incurred,the Transportation&Public Works Department has the responsibility of verifying the availability of funds. Submitted for City Manager's Office by: William Johnson 5806 Originating Business Unit Head: Lauren Prieur 6035 Additional Information Contact: Monty Hall 8662 Martin Phillips 7861