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HomeMy WebLinkAbout2019/08/20-Minutes-Crime Control and Prevention District (CCPD)CITY OF FORT WORTH, TEXAS CRIME CONTROL AND PREVENTION DISTRICT BOARD OF DIRECTORS AUGUST 20, 2019 Present• Betsy Price, President Vice President Dennis Shingleton Director Carlos Flores Director Brian Byrd (arrived at 2:01) Director Cary Moon Director Gyna Bivens Director Jungus Jordan Director Kelly Allen Gray Director Ann Zadeh Citv Staff: Jay Chapa, Assistant City Manager Denis McElroy, Senior Assistant City Attorney Mary J. Kayser, Secretary to the Board I. Call to Order With a quorum of the board members present, President Price called the meeting of the Crime Control and Prevention District Board (CCPD) of Directors to order at 2:00 p.m., on Tuesday, August 20, 2019, in the City Council Conference Room 290, Fort Worth City Hali, 200 Texas Street, Fort Worth, Texas. II. Approval of Minutes from Meeting - Mav 14, 2019 Motion was made by Director Shingleton and seconded by Director Allen Gray to approve the minutes of the May 14, 2019, regular meeting of the Crime Control and Prevention District Board of Directors. The motion passed 8-0 (Byrd absent). III. Written Renorts a. FY 2019 3°`� Quarter Performance Report on Activities and Finances b. Neighborhood Patrol Of�cer (NPO) Staffing There were no questions. CITY OF FORT WORTH, TEXAS CRIME CONTROL AND PREVENTION DISTRICT BOARD OF DIRECTORS AUGUST 20, 2019 Page 2 of 4 IV. Staff Presentations a. CCPD Renewal Elections (Jay Chapa) Assistant City Manager Jay Chapa noted that the renewal election would be held in May 2020. The Board would have an action item on their November 2019 agenda related to calling the election. Staff is recommending a 20 year term. V. Action Items A. Consideration of FY 2019 Budget Amendment to Reallocate $751,000.00 in Estimated Savings in Various Initiatives for Increases of $556,900.00 in the Enhanced Enforcement Initiative and $194,500.00 in the Neighborhood Crime Prevention Initiative (PUBLIC HEARING) a. Staff Report Assistant City Manager Jay Chapa, City Manager's Office, appeared before the CCPD Board and provided a staff report. Staff is recommending the reallocation. b. Public Hearing President Price opened the Public Hearing. There were no speakers on this item c. Action Motion was made by Director Shingleton and Director Bivens to close the Public Hearing and approve FY 2019 Budget amendment to reallocate $751,000.00 in estimated savings in various initiatives for increases of $556,900.00 in the Enhanced Enforcement Initiative and $194,500.00 in the Neighborhood Crime Prevention Initiative. Motion passed 9-0. B. Consideration of Changes to Financial Management Police Statements and Rule Adopting Local Budget Procedures (Denis McElroy) Mr. Denis McEh�oy, Law Department, presented proposed changes to the Financial Management Policy Statements. The main substantive change that is suggested is the addition of a new indirect cost rule that would apply to any "support service provider" and would allow more of the CCPD-provided funding to be used for overhead and other indirect costs. (Currently all third- party entities receiving CCPD funding can use no more than 10% of that money for indirect costs.) The proposed policy would deiine support service provider as an entity that gives administrative and facility support to other providers that are directly providing crime control and prevention related services ("direct service providers"). Another notable change that is proposed is amending the locally adopted budget rule to revise the notice process for public heai•ings to be as required by the Texas Open Meetings Act CITY OF FORT WORTH, TEXAS CRIME CONTROL AND PREVENTION DISTRICT BOARD OF DIRECTORS AUGUST 20, 2019 Page 3 of 4 Motion was made by Director Bivens and second by Director Flores to approve the revised policy including the amendment to the local budget rule. Motion passed 9-0. C. Consideration of FY 2019 Community Based Program Funding Recommendations (Keith Morris) Mr. Keith Morris, Police Depa2-tment, presented the FY 2019 Community Based Program Funding Recommendations in the amount of $250,000.00. They are as follows: Agency Name Project/Program Funding Amount 1. Girls Embracing Mothers Foui�th Annual Summer Camp $25,000 GEM , Inc. 2. Lena Pope Home, Inc. Second Opportunity for SuccessOO $50,000 3. Cheryl's Voice Family Violence Prevention Initiative $30,000 4. JPS Foundation Community Safety, Intimate Partner Violence, and $84,803 Socioeconomic Status: A Community Initiative 5. New Day Services for FOCUS (Families Offering Children Unfailing $60,197 Children & Families Support) for Mothers TOTAL $250,000 � Motion was made by Director Byrd and second by Director Zadeh to approve the recommendations for funding the Community Based Programs for FY 2019. Motion passed 9-0. D. Consideration of the Addition of the Enhanced Criminal Tracicing Unit Program (Deputy Chief Michael Shedd, Deputy Chief Ty Hadsell) Deputy Chiefs Michael Shedd and Ty Hadsell, Police Department, updated the Board on changes to the SRT Units scope of worlc and create a criminal tracking unit. This has been a pilot program and Police is requesting that the Board approve the change of scope for FY 2019 to add Enhanced Criminal Tracking Unit as a separate program and revise the scope of the SRT program. Director Allen Gray made a motion and second by Director Bivens to change the scope for FY 2019 to add Enhanced Criminal Tracicing Unit as a separate program and revise the scope of the SRT program. Motion passed 9-0. E. Consideration of the FY 2020 Recommended CCPD Budget in the Amount of $87,865,505.00 (PUBLIC HEARING) CITY OF FORT WORTH, TEXAS CRIME CONTROL AND PREVENTION DISTRICT BOARD OF DIRECTORS AUGUST 20, 2019 Page 4 of 4 a. Staff Report Assistant City Manager Jay Chapa, appeared before the CCPD Board and provided a staff report on the proposed FY 2020 budget. He reviewed the process for the FY 2020 budget process. He provided an overview the FY 2020 Budget in the amount of $87,865,505.00. b. Public Hearing President Price opened the Public Hearing. There were no citizens to be heard. c. Action Motion was made by Director Bivens and Director Shingleton to close the Public Hearing and approve the FY 2020 recommended CCPD Budget in the amount of $87,865,505.00. Motion passed 9-0. VL Citizen Comments VII. Board Requests for Future A�enda Items and/or Reports Director Bivens — background and funding tried to crime statistics. This will be discussed at the Budget Work Session on Thursday, August 22, 2019. IX. Adiourn With no further presentations or discussions, President Price adjourned the meeting of the Fort Worth Crime Control and Prevention Board of Directors at 3:10 p.m., on Tuesday, August 20, 2019. These minutes approved by the Fort Woi�th Crime Control and Prevention District Board of Directors on the 12th day of November, 2019. � Minutes Prep d by and Attest: , � �, CC Mary J. � se , ecretary Fort Worth Crime Control and Prevention District Financial Management Policy Statements The putpose of the Financial Management Policy is to establish and document a framework for fiscal decision-making by the Crime Control and Prevention District Board (Board). The Boai•d will maintain a comprehensive set of Financial Management Policy Statements to be administered by City Staff on behalf of the Crime Control and Prevention District (CCPD). The aim of these policies is to ensure that financial resources ai•e available to meet the present and future needs of the CCPD through effective program planning for CCPD revenue. 1. Budget (revised November 12, 2015, Augus��, 2019). a. P��ogT°am-Basec� Birdgeting. The CCPD budget shall be organized on a program basis with specific budgets, goals and objectives for each program. b. Bzrdget-Adoption Process. Section 363.204(� of the Texas Local Government Code authorizes the Board of Directoi•s of the Fort Worth Crime Control and Prevention District (the Board) by rule to "adopt procedures for adopting a budget different from the procedures outlined in this subchapter, but the [B]oard must hold public hearings relating to the budget." In accordance with that authority, the Board adopts this rule enacting a budget-adoption process that mii7ors the one found in Chapter 363 but with a revised schedule that coincides with the City of Fort Worth's budget-adoption schedule. As noted in the preamble to the Resolution adopting this rule, the puipose of aligning the two schedules is to "facilitate better, more comprehensive financial planning by allowing all resources that are available for puiposes of crime control and prevention to be considered and allocated at the same time." In accordance with the Board-adopted rule and notwithstanding anything in Subchapter E of Chapter 363 to the contrary, the following process and deadlines shall apply to the adoption of the budget of the Fort Worth Crime Control and Prevention District: 1. Municipal Funding Application An application for funding for the upcoming fiscal year from the Fort Worth Crime Control and Prevention District under Section 363.209 must be submitted no later than August 15. 2. Board Public Hearing and Publication of Notice Thereof The Board shall hold a public hearing on the proposed annual budget for the upcoming fiscal year no later than September 1. Notice of the hearing shall be given in accordance . with the Texas Open Meetings Act. 3. Board Adoption of Budget The Board shall adopt a budget for the upcoming fiscal year no latei• than September 8. Fort Worth Crime Control and Prevention Dish•ict Page 1 of 12 Financial Management Policy Statements 4. Presentation of Adopted Budget to Creating Municipality The Boar•d-adopted budget shall be presented to the Fort Worth City Council, as governing body of the political subdivision that created the District, as soon as practicable but under no circumstances later than September 15. 5. Public Hearing by Governing Body of Creating Municipality and Publication of Notice Thereof The City Council of the City of Fort Worth, as governing body of the political subdivision that created the Foi-t Worth Crime Control and Prevention District shall hold a public hearing on the budget adopted by the Board no later than September 15. Notice of the hearing shall be given in accordance with the Texas Open Meetings Act. 6. Approval or Rejection of Board-Adopted Budget by Governing Body of Creating Municipality The City Council of the City of Fort Worth, as governing body of the political subdivision that created the District, shall approve or reject the budget submitted by the Board no later than September 20. 7. Joint Meeting of Board and Governing Body on Rejection of Original Board-Approved Budget. If the Fort Woi•th City Council, as governing body of the municipality that created the District, rejects the budget submitted by the Board, the City Council and the Board shail meet and together amend and approve the budget before the beginning of the iiscal year. 2, Revenue. The Board shall design, maintain and administer a revenue system to assure a reliable, equitable, and sufficient revenue stream which includes conservative pr•ojections of revenue and is updated routinely to evaluate the health of the fund. a. Revenue Estimates for Bzrdgetirag. In order to maintain a stable level of services, the Board shall use a conservative, objective, and analytical approach when preparing revenue estimates. The process shall include analysis of probable economic changes and their impacts on revenues, historical collection rates, and trends in revenues. The goal of this approach is to reduce the likelihood of actual revenues falling short of budget estimates during the year and to avoid mid-year• service reductions. b. Re>>enzce Collection and Administr�atioJ�. CCPD funds will not be used to support the administration of revenue collection. 3. Expenditures. The Board shall identify prior•ity services, establish appropriate service levels and administer the expenditure of available resources to assure iiscal stability and the effective and efficient delivery of services. Fort Worth Crime Control and Prevention District Page 2 of 12 Financial Management Policy Statements a. Czrrrent Fzcnding Basis. The CCPD shall operate on a cunent funding basis for all operating expenses. Expenditures shall be budgeted and controlled so as not to exceed cui•rent revenues plus the planned use of the Fund Balance accumulated through prior year savings. The use of the Fund Balance shall be guided by the Resei•ve Policy Statement. (See Policy Statement #4 below.) b. Budget P1°ocess. The Board shall follow the pz�ocess outlined in Chapter 363 of the Texas Local Government Code, as modified by the Board-adopted rule, by accepting an annual funding application fi•om the City of Fort Worth and developing a budget. The Boaz•d may also consider proposals from citizens or organizations presented at the public hearings held during the budget development. Section 363.105, Voting Requirements, in Chapter 363 of the Texas Local Government Code requires a two-thirds majority of the Board to reject any application for funding. c. Avozdance of Ope�°ating Deficits. The Board shall take corrective actions at any time during the iiscal year when expenditure and revenue re-estimates project an opei•ating deficit for the fund at year-end. Cor�•ective actions may inciude expenditure reductions or use of Fund Balance in accordance with the Reserve Policy. (See Policy Statement #4 below.) d. Mid-Year° BZtdget Amendnaenis and Adjustments. Amendments In accordance with Section 363.205(�, amendments to the budget require approval of the Board and the City Councii. For purposes of this policy, an "amendment" to the budget is (i) a change that requires appropriation of additional funds from Fund Balance or increased appropriations or (ii) a change that does not z•equire appropriation of additional funds but involves shifting appropriations between or among Initiatives. A proposed amendment shall be presented iirst to the Board at a pubiic meeting, and the Board shall hold a public hearing to receive input and comment from interested citizens. An amendment adopted by the Board shall then be presented to the Fort Worth City Council, as governing body of the municipality that created the district, which shall approve or reject the amendment following a public hearing to receive input and comment from interested citizens. Notice of each public hearing shail be provided in accordance with the Texas Open Meetings Act. Adjtrstments Adjustments to the budget also require approvai of the Board and the City Council. For purposes of this policy, an "adjustment" to the budget is a change that does not require appropriation of additional funds from Fund Balance or an increase in appropriations but instead involves shifting savings from one program or funding level within an Initiative to another program or funding level in the same Initiative. A proposed adjustment shall be presented iirst to the Board at a public rneeting. An adjustment adopted by the Board shall then be presented to the Fort Worth City Council, as gover-ning body of the municipality that created the district, which shall approve or reject the adjustment. No public hearing shall be required in connection with a budget Fort Worth Crime Control and Prevention District Page 3 of 12 Financial Management Policy Statements adjustment. However, all meetings must be posted in accordance with the Texas Open Meetings Act. e. The Board shall reimburse the City for any costs, other than personnel costs, that the City incurs for performing the duties required under Section 363.208, Deposit of Funds, in Chapter 363 of the Texas Local Government Code. £ Excess Expenditin�es. Excess expenditures in approved program budgets are allowed up to ten percent (10%) of the total program budget cost provided the overage does not cause the budget "Initiative" to go over budget and provided that the proposed expenditure is within the scope of the program, either as originally approved or as approved with amendment under subsection (g) of this section. When the cumulative changes exceed ten percent (10%) of the total program amount or the "Initiative" goes over budget, approval from the Board and the City Council is required. Public notice and a public hearing are not required if savings can be shifted from an existing program, but meetings to approve excess expenditures must be posted in accordance with the Texas Open Meetings Act. g. Changes in Prog�°a�n Scope. Changes in program scope or staffing shall require Board and City Council approval regardless of the dollar amount. All meetings must be posted in accordance with the Texas Open Meetings Act; however, mid-year budget adjustments that shift savings from existing programs and funding levels to other existing progi•ams may be approved by both the Board and the City Council without holding a public hearing. h. Periodic Prog�°anz Reviela�s. City staff wili provide quarteriy reports to the Board regarding the objectives and measur•es of each Direct Service Provider program and for direct service programs that receive aid from a Support Service Provider. (See paragraph j. of Policy Statement #3 foi• definitions of provider types.) As a condition of receiving CCPD funding, a Support Service Provider shall (A), to the extent the Support Service Provider furnishes direct services, maintain records documenting the total number of individuai visits it provides; the number discrete users it serves; and the ZIP codes of the users served (Service Data); and (B) i•equire each entity and program it supports to, at a minimum, (i) maintain records of the entity or program's Service Data; and (ii) submit monthly, quarterly, and annual Service Data reports to the Support Seivice Provider. The Support Service Pi•ovider shall furnish City staff with reports on a quarterly and annual basis that reflect both individual and aggregated Service Data for itself and all of the agencies and programs the Support Service Provider is supporting. Staff will provide quarterly reports to the Board regarding the Service Data for all Support Service Providers and the programs and agencies that each one supports. On an annual basis, the Board, in conjunction with the City Manager, shall evaluate the programs for impact, efficiency and effectiveness related to crime control and crime prevention. The Board shall consider the privatization and Fort Worth Crime Control and Prevention District Page 4 of 12 Financial Management Policy Statements contracting of services with other governmental agencies or private entities as alternative approaches to service delivery. During the annual review process, programs which are determined to be inefficient andlor ineffective shall be reduced in scope or eliminated. City staff will report quarterly on the objectives and measures of each program. i. Pzcrchasing. The City shali conduct purchasing and procurement functions on behalf of the CCPD. The processes shall be efficient, effective, and fully comply with applicabie State laws and City ordinances. Staff shall make every effort to maximize discounts and capitalize on savings available tlu•ough competitive bidding and "best value" purchasing. j. Limits on Use of CCPD Funding for Indi�°ect and Similar Costs; Aztdits of Fzcnding Recipients. Indi�°ect and Similar Costs For a Direct Service Provider, no more than ten percent (10%) of the CCPD funding awarded to a crime control and prevention program may be used by the recipient for payment of its indirect costs, administrative expenses, or other overhead costs. For a Support Service Provider, all CCPD funding awarded may be used by the recipient for payment of its indirect costs, administrative expenses, or other overhead costs, provided, however, that all CCPD funding provided to the organization may not represent more than thirty percent (30%) of the Support Service Provider's documented total annual revenues. A Direct Service Provider is an entity or program that primarily or exciusively serves the purpose of providing crime control and prevention related services directly to members of the public. A Support Service Provider is an entity or program that complies with the requirements outlined below and that primarily or exclusively serves the purpose of providing administrative and facility services to the Fort Worth Police Department and to at least four other, third-party entities or programs that provide crime control and prevention related services directly to members of the public. To qualify as a Support Service Provider the entity or program must have a Board-approved written agreement with the City for use of the Support Service Provider's facilities the Fort Worth Police Department. In addition, to qualify as a Support Service Provider, the entity or program must submit for staff's review and approvai the entity or program's written agreements with the thir•d-party entities or programs that it supports and that provide crime control and prevention related serviced directly to members of the public. The staff's review and appi•oval of the written agreements will be limited solely to determining whether (i) the nature of the services to be provided by the entities and programs receiving indirect support from the District adequately relates to and aligns with the District's mission, (ii) adequate Fort Worth Crime Control and Prevention District Page 5 of 12 Financial Management Policy Statements support is being provided to all such entities and programs by the Support Services Provider given the amount of funding being pi•ovided by the District, (iii) the agreement contains requirements regarding maintenance and reporting of Service Data in that will ultimately be reported to the Board in accordance with paragraph h. of Policy Statement #3 so that the Board may determine whether District funding is being used effectively, and (iv) the contract allows reasonable dispute resolution between the parties so that the Board has adequate assurance the parties have recourse against each other in the event questions or issues arise regarding use of District funds. The Board has sole and �nal discretion in determining an entity or program's status as a Direct or Support Service Provider. The limitations on indirect costs contained in this provision do not appiy to programs or services provided by the City of For-t Worth. Azcdr'ting as Conc�ition of Fzcnding As a condition of accepting any CCPD funding, each recipient must agree to maintain records regarding receipt and use of CCPD funds and to allow for reasonable audits of such records during regular business hours, at the expense of the City or District, with such audit to be performed by an auditor selected by the City or the Board. Such audit may be performed by staff in the Police Department, the City's Internal Audit Department, or a third-party auditor approved by the City or Board. In addition, any recipient receiving $300,000.00 or more from the District during any iiscal year shall also be required, at its own cost, to engage an independent third-party to perform an audit regarding the receipt and use of CCPD funding and to provide a copy of such audit report to City staf£ If a funding recipient is already obtaining a general audit of its iinancial matters by an independent third-party, that audit may be used to satisfy this requirement so long as it specifically includes separate review of the records of CCPD funds. Because the independence of extez•nal audit firms is best maintained by changing iirms regularly, if a funding recipient continues to use the same audit iirm for more than three consecutive fiscal years, that fact will be reported to the Board and may result in the amount of funding to the recipient being reduced or eliminated. lc. Ccrpital Plan. Staff shall prepare and present for Board consideration ' and approval a plan of capital expenditures, which may include the use of programmable projects allowing for general uses within a deiined type, such as, for example communications equipment. To the extent a suiplus is realized following completion of a Board-approved capital project, that suiplus may be allocated to another capital project that has also been approved by the Board, provided, however, that staff shall be required to identify and repoi-t to the Fort Worth Crime Control and Prevention District Page 6 of 12 Financial Management Policy Statements Board the amount and nature of such reallocated sutplus. 4. Reserve Policy Statement (revised May 14, 2015; May 19, 2016): I. Authority: The Fort Worth Crime Control and Prevention District (CCPD or District) Board is responsible for legislation, policy formulation, and overall direction setting of the District. This responsibility includes the approval of financial policies which establish and direct the operations of the Fort Worth Crime Control and Prevention District. The City Manager, on behalf of the District, is responsible for carrying out the policy directives of the CCPD Board and managing the day-to-day operations of the CCPD. This policy shall be administez•ed on behalf of the City Manager by the Chief Financial Officer/Director of Finance. II. Purpose: The District desires to maintain a prudent level of financial resources to guard its stalceholders against service disruption in the event of unexpected temporary revenue shortfalls or unpredicted one-time expenditures. In addition, this policy is intended to document the appropriate Reserve level to protect the CCPD's credit worthiness and provide adequate cash flow based upon the traditional operating cycle. Reserves are accumulated and maintained to provide stability and flexibility to respond to unexpected adversity and/or opportunities and to minimize the costs associated with short-term cash borrowing. This policy establishes the amounts the District will strive to maintain in the CCPD Fund as Reserves, how the Reserves will be funded, and the conditions under which Reserves may be used. III. Applicability and Scope: This policy shall apply to the Crime Control and Prevention District Fund undei• the budgetary and fiscai control of the CCPD Boai•d. This policy is intended to supplement, not supersede, provisions governing the issuance of bonds or other obligations secured in whole or in part by revenues held in or credited to the CCPD Fund, to the extent allowed by law. IV. Glossary — The Board incorporates by reference definitions provided in the Glossary appendix to the City of Fort Worth's Financial Management Policy Statements, as amended fiom time to time, provided, however, that any reference in that Glossary to "City" or "City of Fort Worth" shall be read as referring to the "Foi�t Worth Crime Control and Prevention District" and any reference to "City Council" shall be read as referz•ing to the "Board of Directors of the Fort Worth Crime Control and Prevention District." V. Policv: Reserve Levels - The District will maintain the following minimum Restricted and Assigned Fund Balance: 1.(a) A minimum Fund Balance in the CCPD Fund equivalent to two Fort Worth Crime Control and Prevention District Page 7 of 12 Financial Management Policy Statements months (16.67%) of z•egular, on-going Operating Expenditures (including transfers out). This calculation shall not include Non- Recurring Items. PLUS (b) A minimum Fund Balance in CCPD Fund equivalent to two months (16.67%) of the amount being contributed fi�om the CCPD Fund toward Debt Service payments for the subsequent year. 2. The applicable cumulative total of all above requirements wiil be the minimum reserve r•equirement for the CCPD Fund. VI. Monitorin� Performance A. The District will measure its compliance with this policy on an annual basis as of September 30t�' each year or as soon as practicai after final iiscal year-end financial information becomes available. During the course of the iiscal year, the Department of Finance shall closely monitor the CCPD's revenues and expenditui•es to ensure Reserves are not used beyond any planned usage. B. If, based on staff s analysis and forecasting, the target level of Reserves is not met at fiscal year-end or is not likely to be met at any point within a iive-fiscal- year time horizon, then during the annual budget process a plan to replenish the Reserve levels will be developed by collaboration among affected departments and the Department of Finance based on the requirements outlined in this policy. C. Funding the Reserve — Funding of Reserve tai•gets will generally come from excess revenues over expenditures or one-time revenues. D. Periodic Review of the Targets — At a minimum, during the annual financial planning / budget process, staff shall review the cui7•ent and five-iiscal-year projected Reserves to ensure that they are appropriate given the economic and financial risk factors the CCPD is subject to. VII. Pooled Cash Cash Balance — In order to provide liquidity adequate to meet the needs and demands of providing government services including unanticipated reductions in i•evenues or• unplanned increases in expenditures, Cash Balances will be maintained and managed through the Pooled Cash method in such a way as to minimize short-teim bonowing. This practice reduces overall cost to taxpayers by minimizing interest expense. The Reserve is intended to support this effort and counterbalance the tax collection cycle. VIII. Conditions for Use of Reserves It is the intent of the District to limit use of CCPD Fund Reserves to address unanticipated, Non-Recui�ring needs. Reserves shall not norinally be applied to recurring annual opez•ating expenditures. Reserves may, however, be used to allow time for the District to restructure its operations in a deliberate manner (as might be required in an economic downturn), but such use will only take place in the context of an adopted long-term pian. Fort Worth Crime Control and Prevention District Page 8 of 12 Financial Management Policy Statements IX. Excess of Reserves In the event Reserves exceed the minimum balance requirements, at the end of each iiscai year, any excess Reseives may be used in the following ways: l. Fund accrued liabilities, including but not limited to debt service and pension and other post-employment benefits attributable to positions funded by the District, as directed and approved within a long-term financial plan adopted or approved by the Board and the Board's adopted annual budget. Priority will be given to those items that relieve budget or iinancial operating pressure in future periods; 2. Appropriated to lower the amount of bonds or increase the pay-as- you-go contributions needed to fund capital projects in any Capital Improvement Pian adopted or approved by the Board or in an adopted City of Fort Worth Capital Improvement Plan to which the Board agrees to make a contribution; 3. One-time expenditures that do not increase z•ecurring operating costs and that cannot be funded through current revenues. Emphasis wili be placed on one-time uses that reduce future operating costs; or 4. Start-up expenditures for new programs, provided that such action is approved by the CCPD Board and is considered in the context of multi-iiscal-year projections of revenue and expenditures as prepared by the Department of Finance. X. Authoritv over Reserves The CCPD Board may authorize the use of Reserves. The Department of Finance will regularly report both current and projected Reserve levels to the City Manager and CCPD Board. XI. Quality Control and Qualitv Assurance: It is the responsibility of the Chief Financial Ofiicer/Directoi• of Finance to ensure the presence of procedures that provide sufficient guidance to affected personnel to fulfill the intent of this policy. These policies will be reviewed at least annually and updated on an as-needed basis. XII. Metrics: To be developed and managed accordingly. XIII. Records: There are no records associated with this policy. XIV. Process Flow Map: Not Applicable. XV. Forms: Not Applicable. XVI. Appendices: Fort Worth Crime Control and Prevention District Page 9 of l2 Financial Management Policy Statements Not Applicable. 5. Capital Expenditures and Improvements. The Board shall review and monitor the state of the City's capital assets purchased with CCPD funds, funding alternatives, and availability of resources. a. Ccrpital Imp�°ovements Plc�nning. The Board shall review the City's application for funding in conjunction with the City's annual review of the needs for capital improvements and equipment for the Police Department and in light of the Board's most recently approved capital plan. b. Capital Expenditzcre Fr'nccncing. The Board shall recognize the following three basic methods of financing capital requirements: 1. Cunent revenues; 2. Fund Balance as allowed by the Fund Balance Policy; and 3. Money borrowed tluough debt as allowed by Chapter 363 of the Texas Local Government Code. CCPD funds can be used for lease/purchase agreements if the total amount borrowed does not exceed current available funds or the next year's projected program revenue. Funds may also be budgeted to pay annual debt service for police facility debt obligations of the City of Fort Worth tYuough the noi•mal CCPD budget processes. c. P�°oceeds from Dispositioi� of Capital Assets. When assets that were initially acquired using CCPD funding are disposed of, the net proceeds of the sale shall be deposited in the CCPD Fund for further use in accordance with Chapter 363. 6. Debt Financing. The Board shall comply with Section 363.206, Limitations on Expenditures and Investments, of Chapter 363 of the Texas Local Government Code, as amended, in regards to debt iinancing for the CCPD. 7. Investments: The Board shall participate in the City's cash investment program that aims to ensure safety, provide necessary liquidity and optimize yield. a. Consolidated Portfolio. CCPD funds shall be deposited in a special account in the tr•easury of the City of Fort Worth and maintained by the City of Fort Worth in a Consolidated Portfolio in which it pools its funds for investment puiposes. b. Cash Management Polrcy. All cash management transactions with CCPD funds shall comply with the City's cash management policy and the Public Funds Investment Act as carried out by the City Treasurer and outlined in City of Fort Worth Financial Management Policy Statements and its Investment Policy and Strategy. In accordance with state law requirements, "Investments shall be made with judgment and care, under prevailing circumstances, that a person of prudence, discretion, and intelligence would exercise in the management of the person's own affairs, not for speculation, but for investment, considering the probable safety of capital and the probable income to be dei•ived" with the Fort Worth Crime Control and Prevention District Page 10 of 12 Financial Management Policy Statements preservation and safety of principal being the highest priority objective. c. Interest. Interest earned from investments attributed to funds provided by the CCPD shail be distributed fi•om the City of Fort Worth to the CCPD. 8. Intergovernmental Relations. a. School Safety Initicrtive. For purposes of the School Safety Initiative, the Board shall coordinate effoi-ts with the City of Fort Worth and the various school districts located within the City of Fort Worth to achieve common policy objectives and share the cost of providing governmental services on an equitable basis. b. Inter•-local Cooperation i�� Delivering Ser>>ices. In order to promote the effective and efficient delivery of sei•vices, the City, on behalf of the CCPD, shall actively seek to work with local jurisdictions in joint purchasing consortia, sharing facilities, sharing equitably the costs of service delivery, and developing joint programs to improve service to its citizens. 9. Fiscal Monitoring. City Staff shall prepare and present regular reports that analyze, evaluate, and forecast the CCPD's financial performance and economic condition. a. Finctncical Statzrs and Pe� formance Repo��ts. Consistent with State law, City staff shall prepare for Board review, quarterly reports comparing expenditures and revenues to current budget, proj ecting expenditures and revenues through the end of the year, noting the status of fund balances to include dollar amounts and percentages, and outiining any i•emedial actions necessary to maintain the CCPD's financial position, b. Con�pliance with Board Policy Statements. The Board shall review the CCPD Financial Management Policy Statements annually to assure compliance with federal law, state law, generally accepted accounting principles (GAAP) and the CCPD's directives. 10. Accounting, Auditing, and Financial Reporting: The City, on behalf of the CCPD, will comply with pr•evailing federal, state and local statutes and regulations, as well as cui�ent professional principles and practices. a. Confo��mance to Accozrnting Principles - The City's accounting practices and financial reporting shall conform to generally accepted accounting principles (GAAP) as promulgated by the Governmental Accounting Standards Board (GASB). b. Selection of AZtdito�°s - The City selects an independent firm of certified public accountants to perform an annual audit of the books of account, records and transactions, certifying the iinancial statements of the City and reporting the results and recommendations to the City Council. This audit shall include the Crime Control and Prevention District Fund each yeai• as required by Chapter 363 of the Texas Local Government Code, along with any related findings reported to the Board. Staff shali instruct the auditor to include a definitive Fort Worth Crime Control and Prevention District Page 11 of 12 Financial Management Policy Statements statement on the CCPD fund in the management letter•. Any findings regarding CCPD funds shall be provided to the Board. Pursuant to Chapter 363 of the Texas Local Government Code, the CCPD funds will continue to be included in the annual City-wide external audit. 11. Internal Controls: The Board shall require that staff maintain an internal control sh•ucture designed to provide reasonable assurance that CCPD assets are safeguarded and that the possibilities for material errors in the CCPD's iinancial records are minimized. a. City staff shall develop the following: Procedures to ensure that financial transactions and activities are properly reviewed and authorized; ii. Procedures to ensure financial transactions and events are properly recoi•ded and that all financial reports may be relied upon as accurate, complete and up-to-date; and iii. Procedures to ensure that adequate safeguards exist over the access to and use of iinancial assets and records. b. Job duties will be adequately sepai•ated to reduce to an acceptable level the opportunities for any person to be in a position to both peipetrate and conceal ei7•oi•s or ii7•egularities in the normal course of assigned duties. c. Independent checks and audits will be made on staff performance to ensure compliance with established procedures and proper valuation of recorded amounts. d. Internal control systems and procedures must have an apparent benefit in terms of reducing and/or preventing losses. The cost of implementing and maintaining any control system should be evaluated against the expected beneiits to be derived fi•om that system. Restated and Revised FMPS Adopted: August 30, 2011 FMPS Reviewed and Amended: May 14, 2015 (Reserve Policy - Amendment and Restatement) November 12, 2015 (Budget Process Reflecting Local Rule) May 19, 2016 (Reserve Policy - GASB 54 Amendment) August aa, 2019 (Capital Budgeting, Indirect Costs, and Public Hearing Notices) �___�� etsy Pric ' ent Date: �"�i �� Fort Wortl� Ci•ime Control and Prevention District Page 12 of 12 Financial Management Policy Statements