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HomeMy WebLinkAboutOrdinance 26115-04-2023ORDINANCE NO. 26115-04-2023 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 19 -HISTORIC CAMP BOWIE FUND 1) IN THE AMOUNT OF $6,607.00, IN FISCAL YEAR 2022-2023, FROM AVAILABLE, UNRESERVED FUND BALANCE; 2) IN THE AMOUNT OF $21,096.00, TRANSFERRED FROM ECONOMIC DEVELOPMENT DEPARTMENTS GENERAL FUND, FOR PURPOSE OF FUNDING PAYMENT IN-LIEU OF SERVICES; 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 increased estimated receipts and appropriations in the Fort Worth Public Improvement District 19 -Historic Camp Bowie Fund 1) in the amount of$6,607.00, in Fiscal Year 2022-2023, from available, unreserved fund balance; 2) in the amount of$21 ,096 .00, transferred from Economic Development Departments General Fund , for purpose of funding payment in-lieu of services . 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Nico Arias (May 1, 2023 09:06 CDT) Assistant City Attorney ADOPTED AND EFFECTIVE: April 25, 2023 CITY SECRET ARY Jannette S. Goodall City Secretary City of Fort Worth, Texas Mayor and Council Communication DATE: 04/25/23 M&C FILE NUMBER: M&C 2 3-0312 LOG NAME: 17PID19 MIDYEARFY23 SUBJECT (CD 3 and CD 7 / Future CD 3 and CD 7) Adopt Ordinance Amending the Fiscal Year 2022-2023 Adopted Budget and Five-Year Service Plan for Public Improvement District 19 -Historic Camp Bowie 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 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 ofTarrant County , Texas no later than the seventh (ih) 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 $21 ,096 .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 19 -Historic Camp Bowie Fund for funding Payment In -Lieu of Services ; and 3 . Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 19 -Historic Camp Bowie Fund 1) in the amount of $6 ,607.00 , in Fiscal Year 2022-2023, from available , unreserved fund balance ; 2) in the amount of $21 ,096 .00 , transferred from Economic Development Departments General Fund , for purpose of funding Payment In-Lieu of Services . DISCUSSION: The City of Fort Worth 's Department of Economic Development adm inisters 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 19-Historic Camp Bowie (H istoric Camp Bowie PIO) is managed by Camp Bowie District Inc., (CBDI). On September 13 , 2022 , City Council adopted Ordinance No . 25726-09-2022 , approving the fiscal yea r (FY) 2022-2023 Budget, Five-Year Service Plan , Assessment Plan , and Tax Year 2022 Assessment Roll for the Histo ric Camp Bowie PIO . After conducting a mid -year review of the Historic Camp Bowie Pl D's budget , City staff and CBDI has identified the need to increase Historic Camp Bowie PID 's (City of Fort Worth) allocations by $21 ,096 .00 to account for additional payment in-lieu of services . Expenditure adjustments can be primarily attributable to increases in beautification for increased utitlities and maintenan ce , security patrols , and marketing and communication salaries. The City's Payment In-Lieu of Services is a supplement to the Historic Camp Bowie 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 . Revenue Adjustments: Line Items to be Adjusted Previously pproved FY23 Budget Item $469 ,352 .0 $17 ,791.00 $64 ,171 .0 Recommended Mid-Year Adjustment Amended FY23 Budget Item $0 .00 I $469 .352 .001 $21 ,096 .00 $38 ,887.00 $6 ,607 .00 $70 ,778 .00 $ss1,314.001 $27,703.oo ll $579,011.001 Expenditure Adjustments: Line Items to Previously be Adjusted Approved FY23 Budget Item Beautification Previously Approved FY23 Budget Item $1 ,910 .00 Amended FY23 Budget Item $27 ,350 .00 Beautification -$24,214 .00 $12 ,454.00 $36 ,668 .00 Utilities Be 133,975.00 $1 ,601.00 $135 ,5 M . Security $57 ,840 .00 $4 ,918 .00 Economic $47 ,440.00 ($13 ,090.00) velopment rketing & $11 ,910 .00 $57 ,3 50 .00 motion 12 ,000 .00 All other previously approved line items not mentioned above remain the same . Upon approval of the above recommendations , the total budgeted expenses fo r FY 2022-2023 will be $579 ,017 .00. This mid-year budget adjustment will decrease the unaudited , unassigned fund balance by a total of $6 ,607.00 . The rev ised Budget and Five-Year Service Plan will take effect upon approval by City Council. The City and CBDI will amend the existing management contract to reflect the mid-year adjustments (City Secretary Contract No. 58434). Funding is available for appropriation in the fund balance of the FWPID#19 -Historic Camp Bowie Fund. The beginning balan ce is $236 ,664 .36 , after th is M&C , available balance will be $230 ,057 .36 . The Historic Camp Bowie PIO is located in COUNCIL DISTRICTS 3 & 7 / FUTURE 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 recommendations and adoption of the attached appropriation ordinances , funds will be available in the current operating budget , as appropriated, in the FWPID #19 -Hist 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 by : William Johnson 5806 Originating Business Unit Head: Robert Sturns 2663 Additional Information Contact: Crystal Hinojosa 7808