HomeMy WebLinkAboutOrdinance 26104-04-2023ORDINANCE NO. 26104-04-2023
AN ORDINANCE ADJUSTING APPROPRIATIONS IN THE GENERAL FUND BY
DECREASING APPROPRIATIONS IN THE NON-DEPARTMENTAL
DEPARTMENT IN THE AMOUNT OF $73,173 .00 AND INCREASING
APPROPRIATIONS IN THE ECONOMIC DEVELOPMENT DEPARTMENT BY
THE SAME AMOUNT, FOR THE PURPOSE OF TRANSFER TO THE FORT
WORTH PUBLIC IMPROVEMENT DISTRICT 6 -PARK GLEN FUND FOR
FUNDING PAYMENT IN-LIEU OF SERVICES AND CITY OF FORT WORTH
ASSESSMENTS; 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.
T hat in addition to those amounts a llocated to the various City departments for Fiscal Year 2022-2023 in the
Budget of the City Manage r, there shall also be adjusted appropriations in the General F und by decreasing
appropriations in the Non-Departmental Department in the amount of $73,173.00 and increasing
appropriations in the Eco nomic Development Department by the same amount, for th e purpose of transfer to
the Fort Worth Public Improvement District 6 -Park Glen Fund for funding payment in-lieu of services and
City of Fort Worth Assessments.
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 remainin g portions , sections, or parts of sections of this ordinance, which sa id remainin g provi s ions shall
be and remain in full force and effect.
SECTION 3.
That this ordinance shall be cumulative of Ordinance 25773-09-2022 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 in stance said conflicting provisions of
said prior ordinances and appropriations are hereby express ly repealed .
SECTION 4.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORM AND LEGALITY:
ALL
Nico Arias (May 1, 2023 09:04 CDT)
Assistant City Attorney
ADOPTED AND EFFECTIVE: April 25, 2023
CITY SECRETARY
rA~
Jannette S. Goodall
City Secretary
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 04/25/23 M&C FILE NUMBER: M&C 23-0308
LOG NAME: 17PID06 MIDYEARFY23
SUBJECT
(CD 4 / Future CD 4) Adopt Ordinance Amending the Fiscal Year 2022-2023 Adopted Budget and Five-Year Service Plan for Public Improvement
District 6 -Park Glen and Adopt Appropriation Ordinances
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached ordinance amending the Fiscal Year 2022-2023 Budget and Five-Year Service Plan for Public Improvement District 6 -
Park Glen to reflect amendments associated with a mid-year review and direct the City Secretary to record the same in the real property
records ofTarrant County , Texas no later than the seventh (?'h) day after adoption by the City Council ;
2. Adopt the attached appropriation ordinance adjusting appropriations in the General Fund by decreasing appropriations in the Non -
Departmental Department in the amount of $73 ,173.00 and increasing appropriations in the Economic Development Department by the
same amount, for the purpose of transfer to the Fort Worth Public Improvement District 6 -Park Glen Fund for funding Payment In-Lieu of
Services and City of Fort Worth Assessments ; and
3 . Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District
6 -Park Glen Fund 1) in the amount of $169 ,512 .00 , in Fiscal Year 2022-2023 , from available , unreserved fund balance ; 2) in the amount of
$73 ,173 .00 , transferred from Economic Development Departments General Fund , for purpose of funding Payment In-Lieu of Services and
City of Fort Worth Assessments.
DISCUSSION:
The City of Fort Worth 's Department of Economic Development administers the City's Public Improvement Districts (PIDs). The City's PIO Policy
outlines the need to proactively work with the City 's PIO management companies to oversee the services being provided within each of the PIDs .
PIO 6 -Park Glen (Park Glen PIO) is managed by FirstService Residential Texas PIO , LLC (FirstService).
On September 13 , 2022 , City Council adopted Ordinance No. 25712-09-2022 , approving the fiscal year (FY) 2022-2023 Budget , Five-Year
Service Plan, Assessment Plan, and Tax Year 2022 Assessment Roll for the Park Glen PIO. After conducting a mid-year review of the Park
Glen PID 's budget , City staff and FirstService has identified the need to increase Park Glen PID 's (City of Fort Worth) allocations by $242 ,685 .00
to account for 1) $71,369.00 of additional payment in-lieu of services 2) $1,804 .00 of add itional City payment in -lieu of assessments and 3)
$169 ,512 .00 use of fund balance . Expenditure adjustments can be primarily attributable to increases in landscaping , maintenance , and utilities for
costs associated with a new contract agreement , irrigation system improvements , and fence repairs .
Two line items listed on the Five-Year Service Plan require a transfer of City funds: (1) the City Payment In-Lieu of Services and (2) the City of Fort
Worth Assessment. The City's Payment In-Lieu of Services is a supplement to the PIO budget and intended to provide for the standard level of
improvements and services as comparable to what would be provided by the City for the taxpayers generally . The City of Fort Worth Assessment
is an allocation to the Park Glen PIO budget for assessments the City would pay on City-owned properties in the Park Glen PIO , if the City was not
a tax-exempt entity.
Revenue Adjustments:
Line Items to
be Adjusted
PIO
Previously
Approved FY23
Budget Item
$199 ,556 .00
Recommended
Mid-Year
Adjustment
Amended
FY23 Budget
Item
$0.00 $1 ,934 ,02
$71 ,369 .00 $270 ,925.00
$1 ,804 .00
$0 .I::J0 II $ '169.512 .00
, 85.00 $2,383,160.0
Expenditure Adjustments:
Line Items to Previously
be Ad"usted Approved FY23
J Budget Item
s $192 ,000 .00
Landscaping $939 ,362 .00
Common
Area $265 ,000 .00
Maintenance
Capital $185 ,16 .
otals
Recommended
Mid-Year
Adjustment
Amended
FY23 Budget
Item
$109 ,000 .00 $374,000 .00
$242,685.00 $1,830,209.00
All other previously approved line items not mentioned above remain the same . Upon approval of the above recommendations , the total budgeted
expenses for FY 2022-2023 will be $2 ,383 ,160.00. This mid-year budget adjustment will decrease the unaudited , unassigned fund balance by a
total of $169,512.00. The revised Budget and Five-Year Service Plan will take effect upon approval by City Council. The City and FirstService will
update the existing contract to reflect the mid-year adjustment (City Secretary Contract No . 58423).
Funding is available for appropriation in the fund balance of the FWPID #6 -Park Glen Fund . The beginning balance is $548 ,865 .00, after this
M&C, available balance will be $379,353.00. Funding is also budgeted in the Other Contractual Services account of the Nondept Other
Contractual Department's General Fund .
The East Lancaster PIO is located in COUNCIL DISTRICT 4/FUTURE COUNCIL DISTRICT 4 .
A Form 1295 is not requ ired 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 recommendations and adoption of the attached appropriation ordinances , funds will be
available in the current operating budget , as appropriated, in the FWPID #6 -Park Glen 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 by: William Johnson 5806
Originating Business Unit Head: Robert Sturns 2663
Additional Information Contact: Crystal Hinojosa 7808