HomeMy WebLinkAboutOrdinance 26393-08-2023ORDINANCE NO. 26393-08-2023
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE RISK FINANCING FUND, IN THE TOTAL AMOUNT
OF $7,401,523.00, 1) INCREASING BY $9,630,000.00, TRANSFER FROM
GENERAL FUND, FOR THE PURPOSE OF ESTABLISHING A RESERVE FOR
UNFUNDED PROPERTY AND LIABILITY CLAIMS/SETTLEMENTS; 2)
DECREASING BY $2,228,477.00 IN THE USE OF FUND BALANCE/NET
POSITION; 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 Risk
Financing Fund in the total amount of $7,401,523.00, 1) increasing by $9,630,000.00, transfer from General
Fund, for the purpose of establishing a reserve for unfunded property and liability claims/settlements; 2)
decreasing by $2,228,477.00 in the use of fund balance/net position.
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said prior ordinances and appropriations are hereby expressly repealed.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:
HOME
Assistant City Attorney
ADOPTED AND EFFECTIVE: August 22, 2023
CITY SECRETARY
Jannette S. Goodall
City Secretary
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 08/22/23 M&C FILE NUMBER: M&C 23-0706
LOG NAME: 03FY2023WINDUP
SUBJECT
(ALL) Adopt Appropriation Ordinances to Enact Fiscal Year 2023 Year End Budget Adjustments by Reallocating Resources, Operating Surpluses,
Available Current -Year Revenues, and Available Fund Balance and Net Position to Offset Projected Shortfalls, Fund Departmental Capital
Projects and Outlays, Authorize All Associated Transfers, and Amend the Fiscal Year 2023 Adopted Budget in the Amount of $43,750,243.00
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance reallocating appropriations in the General Fund by increasing the following General Fund
departments budget by a combined total of $12,541,097.00 and reducing Non -Departmental department in the General Fund by the same
amount:
A. Increasing appropriations in the Fire department by $10,250,000.00 for funding Separation Leave and Salaries & Benefit overages;
B. Increasing appropriations in the Transportation & Public Works department by $756,000.00 for funding Separation Leave, and
increased other contractual services costs;
C. Increasing appropriations in the Police department by $717,000.00 for funding Vehicle maintenance parts/labor and Matrix staffing
study costs;
D. Increasing appropriations in the Financial Management Services department by $344,097.00 for funding employee salaries and
Separation Leave;
E. Increasing appropriations in the City Secretary Office by $250,000.00 for funding Election Costs;
F. Increasing appropriations in the Human Resource department by $104,000.00 for funding Separation Leave and additional audit
expenses;
G. Increasing appropriations in the FWLab department by $80,000.00 for funding consulting contracts; and
H. Increasing appropriations in the City Attorney Office by $40,000.00 for funding Separation Leave.
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer Fund by
$10,300,000.00, from newly recognized revenues, for the purpose of 1) covering anticipated shortfalls in operating by $8,600,000; and 2)
transferring to Water and Sewer Capital Projects Fund to fund Water and Sewer Outlay project (City Project No. P00087) by $1,700,000;
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer Capital Projects Fund
by $1,700,000.00, transferring from Water and Sewer Fund, for the purpose of funding Water and Sewer Outlay project (City Project No.
P00087);
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fleet & Equipment Services Fund by
$3,429,968.00, from unreserved net position, for the purpose of covering unexpected significant increases in fleet outside repair and
maintenance, parts and labor costs;
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Environmental Protection Fund by
$503,000.00, from available fund balance, for the purpose of covering operating and maintenance costs;
6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Alliance Maintenance Facility Fund by
$757,275.00, from available fund balance, for the purpose of covering unexpected increases in contractual services, as well as gas, water
and wastewater utilities;
7. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Fund in the amount of
$19,130,000.00 from surplus interest earnings, a) for providing a short-term loan to Fort Worth Housing Finance Corporation for the
purchase of property from the Southwestern Baptist Theological Seminary, increasing by $7,000,000.00 in the Operating and Maintenance
category in the Neighborhood Services department; b) for funding West 7th Bridge Illumination project (City Project No. 105022) by
$2,500,000.00, and c) transfer to Risk Financing Fund by $9,630,000.00;
8. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Capital Projects Fund in the
amount of $2,500,000.00, transfer from General Fund, for the purpose of funding West 7th Bridge Illumination project (City Project No.
105022).
9. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Risk Financing Fund in the total amount
of $7,401,513.00, 1) increasing by $9,630,000.00, transfer from General Fund for the purpose of establishing a reserve for unfunded
property and liability claims/settlements; and 2) decreasing by $2,228,487.00 in the use of fund balance/net position.
10. Authorize all necessary transfers to affect the appropriations identified above; and
11. Amend the Fiscal Year 2023 Adopted Budget and Fiscal Year 2023 — 2027 Capital Improvement Program.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to take actions to bring various funds into balance to facilitate year-end closing
and to comply with the City Charter, this process occurs annually.
The City's annual operating budget is formally enacted into law by City Council action adopting an appropriation ordinance (Ordinance No. 25773-
09-2022, hereinafter the "Ordinance") that establishes spending limits for each department's and fund's operation. The current practice is to bring
forward this Windup M&C during the fiscal year to address items that have arisen during the fiscal year. To allocate anticipated net savings to meet
one-time needs or to address items that have arisen during the fiscal year.
General Fund (Recommendation 1 & 7)
Per Ordinance No. 25773-09-2022 Section 1, the General Fund adopted budget for FY2023 was $915,340,881.00. M&C appropriations of
$9,726,631.00 throughout the year resulted in an adjusted budget of $925,067,512.00. This M&C recommends an increase in appropriations of
$19,130,000.00, for an adjusted budget of $944,197,512.00, to fund projects and transfer to Risk Financing Fund as a contribution to Risk
Financing Fund reserves. The City generates interest income by prudently investing idle cash from operations, "pay as you go" capital funds, and
bond funds in strict compliance with state law and City policy. The current practice is to allocate interest income from general government activities
to the City's General Debt Service Fund to offset interest cost associated with outstanding debt issuances and to accumulate cash which can be
used to pay off debt prior to maturity to achieve debt service savings.
The City has benefited tremendously from the current elevated interest rate environment, resulting in better than expected interest earnings due to
a dramatic increase in the Federal Funds rate from a range of 0.01 % to 0.25% to over 5% in the current year. As a result, City staff has identified
approximately $19,130,000.00 of unpledged surplus interest income in the City's General Debt Service Fund.
Staff recommends for City Council to declare this surplus of interest income receipts from the General Debt Service Fund and appropriate in the
General Fund or the purpose of funding the following items: 1) increasing the appropriations in Neighborhood Services department by
$7,000,000.00, for the purchase of approximately 15 acres of land and student housing units from the Southwestern Baptist Theological Seminary
in the form of a short-term loan to Fort Worth Housing Finance Corporation, which anticipates to assign the purchase agreement or sell the land to
a non-profit entity for the development of permanently affordable housing for working families. The land is located at 4096 Merida Avenue, 4097
Merida Avenue and 4048 McCart Avenue in Fort Worth, Texas; 2) increasing the appropriations for the West 7th Bridge Illumination project by
$2,500,000.00; 3) transfer to Risk Financing Fund reserves.
Interest income derived from the investment of idle debt proceeds will continue to be allocated, as required, to the General Debt Service Fund. As
a result, the General Debt Service Fund will still receive the amount budgeted in FY2023.
Going forward, staff will monitor collection of investment income from general government operations to identify any surplus that can be used for
other lawful purposes. Given the variable nature of investment income, any surplus may fund one-time initiatives, capital projects, or to accumulate
cash which can be used to pay off debt prior to maturity to achieve debt service savings.
The actions above also exclude other funds, such as Water & Sewer, Stormwater, CCPD, etc., which will continue to receive their proper allocation
of interest income.
This M&C also reallocates budgets between Non -Departmental departments and General Fund departments for covering the shortfall due to
elections, separation leave, tuition reimbursement, and Fire Overtime, Salaries and Benefits expenses.
Fund / Department
FY2023 Adopted
Budget
Authority
Budget
Adjustment
Revised FY2023
Budget
Budget Category
General Fund
Revenues
Other Revenue
$ 3,262,825.00
This M&C Rec 7
$ 19,130,000.00
$ 22,392,825.00
Use of Fund Balance (rollover)
$ -
M&C 23-0095
$ 1,667,525.00
$ 1,667,525.00
Use of Fund Balance
$ -
M&C 23-0135
$ 2,124,106.00
$ 8,059,106.00
M&C 23-0272
$ 1,500,000.00
M&C 23-0567
$ 4,000,000.00
M&C 23-0006
$ 435,000.00
Total Revenues
$ 915,340,881.00
$ 28,856,631.00
$ 944,197,512.00
Expenditures
City Manager's Office
$ 10,740,253.00
M&C 23-0511
$ 50,000.00
$ 10,790,253.00
City Auditor's Office
$ 2,337,683.00
$ 2,337,683.00
City Attorney's Office
$ 7,937,225.00
This M&C Rec 1
$ 40,000.00
$ 7,977,225.00
City Secretary's Office
$ 2,518,393.00
This M&C Rec 1
$ 250,000.00
$ 2,768,393.00
Code Compliance
$ 27,156,256.00
$ 27,156,256.00
Diversity & Inclusion
$ 2,435,259.00
M&C 23-0095
$ 300,000.00
$ 3,140,325.00
M&C 23-0192
$ 405,066.00
Economic Development
$ 38,513,321.00
M&C 23-0095
$ 683,897.00
$ 39,470,017.00
M&C 23-0330
$ 120,000.00
PIDs Mid Year M&Cs
$ 152,799.00
Subsidy Culture & tourism (380 Agreement)
$ 2,927,456.00
$ 2,927,456.00
Transfer to PIDs
$ 326,791.00
$ 326,791.00
Transfer to Economic incentive fund
$ 2,000,000.00
$ 2,000,000.00
Financial Management Services
$ 13,758,733.00
M&C 23-0095
$ 109,000.00
$ 26,341,830.00
This M&C Rec 1
$ 344,097.00
This M&C Rec 7
$ 12,130,000.00
Fire
$ 193,213,414.00
This M&C Rec 1
$ 10,250,000.00
$ 207,463,414.00
M&C 23-0567
$ 4,000,000.00
Transfer to Municipal Airport Fund (Fire Lease)
$ 59,501.00
$ 59,501.00
Human Resources
$ 6,283,156.00
This M&C Rec 1
$ 104,000.00
$ 6,387,156.00
Neighborhood Services
$ 10,212,010.00
This M&C Rec 7
$ 7,000,000.00
$ 17,212,010.00
United Way
$ 199,500.00
$ 199,500.00
Transfer to Neighborhood Improvement
Strategies project (Paygo)
$ 3,887,650.00
$ 3,887,650.00
Transfer to the General Capital Fund
$ 45,000.00
$ 45,000.00
Park and Recreation
$ 57,498,942.00
M&C 23-0509
$ 250,000.00
$ 57,748,942.00
Transfer to the General Capital Fund (Paygo)
$ 3,265,763.00
$ 3,265,763.00
Transfer to the PIDs and TIRZ
$ 571,406.00
$ 571,406.00
Transfer for YMCA Contract
$ 12,000.00
$ 12,000.00
Transfer to Vehicle and Equipment
Replacement Fund
$ 522,403.00
FWLab
$ 6,963,958.00
M&C 23-0006
$ 560,000.00
$ 7,603,958.00
M&C 23-0059
$ 300,000.00
M&C 23-0575
$ 300,000.00
This M&C Rec 1
$ 80,000.00
Public Art
$ 1,786,370.00
$ 1,786,370.00
Police
$ 298,551,538.00
M&C 23-0095
$ 574,628.00
$ 299,843,166.00
This M&C Rec 1
$ 717,000.00
Property Management
$ 21,318,122.00
$ 21,318,122.00
Transfer to the General Capital Fund (Paygo)
$ 4,810,462.00
$ 4,810,462.00
Transfer to VERF Fund
$ 3,500,000.00
$ 3,500,000.00
Transportation and Public Works
$ 37,496,803.00
M&C 23-0272
$ 1,500,000.00
$ 39,752,803.00
This M&C Rec 1
$ 756,000.00
Transfer to the General Capital Fund
$ 2,170,298.00
Transfer to the General Capital Fund (Paygo)
$ 48,903,276.00
$ 48,903,276.00
Non -Departmental
$ 370,000.00
This M&C Rec 1
$ (250,000.00)
$ 120,000.00
Separation Pay
$ 8,060,037.00
This M&C Rec 1
$ (7,427,097.00)
$ 632,940.00
Employee Recruitment and Retention Fund
$ 4,767,575.00
$ 4,767,575.00
Fire Contingency Overtime Fund
$ 4,000,000.00
This M&C Rec 1
$ (4,000,000.00)
$ -
Contractual Services
$ 3,465,149.00
M&C 23-0511
$ (50,000.00)
$ 910,284.00
M&C 23-0509
$ (250,000.00)
M&C 23-0192
$ (405,066.00)
M&C 23-0330
$ (120,000.00)
PIDs Mid Year M&Cs
$ (152,799.00)
M&C 23-0006
$ (125,000.00)
M&C 23-0059
$ (300,000.00)
M&C 23-0575
$ (300,000.00)
This M&C Rec 1
$ (852,000.00)
Tuition Reimbursement
$ 172,478.00
This M&C Rec 1
$ (12,000.00)
$ 160,478.00
Training Initiative
$ 250,000.00
$ 250,000.00
Transfer to the General Capital Fund (Paygo)
- IT Capital
$ 3,617,007.00
$ 3,617,007.00
Transfer to the General Capital Fund (Paygo)
- Community Partnerships
$ 750,000.00
$ 750,000.00
Transfer to IT Refresh Capital
$ 1,201,099.00
$ 1,201,099.00
Transfer to Municipal Golf (Operating Subsidy)
$ 320,000.00
$ 320,000.00
Transfer to IT Capital
IM&C
23-0135 1
$ 2,124,106.00
Total Expenditures
$ 915,340,881.00 1
1
$ 28,856,631.00
$ 944,197,512.00
Water and Sewer Fund (Recommendation 2)
Per Ordinance No. 25773-09-2022 Section 4, the FY2023 adopted budget for the Water and Sewer Fund was $515,451,460.00. M&C
appropriations throughout the year increased the budget by $40,130,000.00 to $555,581,460.00. This M&C recommends an additional
$10,300,000.00, from newly recognized revenues, in revenue appropriations for FY2023, for an adjusted budget of $565,881,460.00.
The Water and Sewer fund will address anticipated shortfalls in operating funds with additional appropriations in the Other Contractual account in
the amount of $2,600,000.00. In addition, increases in capital project costs will be addressed by increasing the transfer -out to capital by
$7,700,000.00. These appropriations will allow the Utility to purchase one additional vehicle (for inspection of capital projects), one additional
piece of heavy equipment (for excavation tasks in the field), and address overruns caused by rising costs in fleet. To balance this, the fund will
recognize additional revenue in the amount of $10,300,000.00.
Fund / Department
FY2023 Adopted
Budget
Authority
Budget Adjustment
Revised FY2023
Budget
Budget Category
Water and Sewer Fund
Revenues
License and Permits
$ 1,420,659.00
$ 1,420,659.00
Charges for Services
$ 474,620,055.00
M&C 23-0105
$ 130,000.00
$ 525,050,055.00
M&C 23-0539
$ 40,000,000.00
This M&C Rec 2
$ 10,300,000.00
Use of Money and Property
$ 1,646,386.00
$ 1,646,386.00
Other Revenue
$ 11,515,000.00
$ 11,515,000.00
Sale of Capital Asset
$ 80,000.00
$ 80,000.00
Salvage Sales
$ 25,000.00
$ 25,000.00
Transfer from Water Impact
$ 14,669,420.00
$ 14,669,420.00
Transfer from Sewer Impact
$ 8,311,270.00
$ 8,311,270.00
Transferfrom Environ Protection Fund
$ 495,475.00
$ 495,475.00
Transfer from Stormwater Utility Fund
$ 1,268,956.00
$ 1,268,956.00
Transfer from Solid Waste Fund
$ 1,399,239.00
$ 1,399,239.00
COI Proceeds - Refunding Portion
$ -
Transfer from 2018 Bond Program
$ -
Total Revenues
$ 515,451,460.00
$ 50,430,000.00
$ 565,881,460.00
Expenditures
Water
$ 196,654,144.00
M&C 23-0105
$ 130,000.00
$ 247,084,144.00
M&C 23-0539
$ 40,000,000.00
This M&C Rec 2
$ 10,300,000.00
Reclaimed Water
$ 119,164.00
$ 119,164.00
Wastewater
$ 109,159,558.00
$ 109,159,558.00
Transfer to Capital Fund
$ 120,000.00
$ 120,000.00
Transfer to Water Capital Fund
$ 2,999,000.00
$ 2,999,000.00
Transfer to General Fund for Public Art
$ 480,712.00
$ 480,712.00
Transfer to General Fund for Energy
Savings Program
$ 27,116.00
$ 27,116.00
Transfer to Dev Services for Positions
$ 1,060,221.00
$ 1,060,221.00
Transfer to Financial Management
Services for Purchasing Positions
$ 244,394.00
$ 244,394.00
Transfer to Water and Sewer Capital Fund
$ 74,102,103.00
$ 74,102,103.00
Payment in Lieu of Taxes
$ 5,791,939.00
$ 5,791,939.00
Street Rental
$ 24,038,181.00
$ 24,038,181.00
Transfer to Water Debt Funds
$ 100,472,611.00
$ 100,472,611.00
Transfer to IT Refresh Capital 1
$ 182,317.001
$ 182,317.00
Total Expenditures 1
$ 515,451,460.00
$ 50,430,000.001
$ 565,881,460.00
Water and Sewer Capital Projects Fund (Recommendation 3)
The capital appropriations are intended to be life-of-project/life-of-program appropriations and are considered encumbered and available until the
associated project or program has been fully completed.
City
Budget
Project
Project Name
Original Budget
Authority
Adjustment
Adjusted Budget
No.
P00087
Water and Sewer Outlay
$ 55,166,832.35
This M&C Rec 3
$ 1,700,000.00
$ 56,866,832.35
Fleet & Equipment Services Fund (Recommendation 4)
Per Ordinance No. 25773-09-2022 Section 5, the FY2023 adopted budget for the Fleet & Equipment Services Fund was $32,231,585.00. This
M&C recommends an increase in appropriations of $3,429,968.00, for an adjusted budget of $35,661,553.00.
Expenditure appropriations in the General Operating and Maintenance accounts will increase by $3,429,968.00. Due to unexpected increases of
about 26% in the cost of parts, as well as greater demand for repair services, the Fleet Division has forecasted to be over budget by
$1,664,161.00. Additionally, there has been greater demand and cost for outside repairs services as a result of subcontracting fees due to the
limited number of contracts with approved vendors, which resulted in higher than expected costs of $1,548,085.00. Due to higher than expected
expenses related to separation leave of tenured staff, an additional $217,722.00 is needed. To balance these increases in expenditures, the use
of unreserved net position will be appropriated until revenue is collected from user departments, which is expected to occur by the end of the fiscal
year.
Fund / Department
FY2023 Adopted
Budget
Authority
Budget Adjustment
Revised FY2023
Budget
Budget Category
Fleet & Equipment Services Fund
Revenues
Charges for Services
$ 32,145,610.00
$ 32,145,610.00
Use of Money and Property
$ 59,522.00
$ 59,522.00
Other Revenue
$ 19,741.00
$ 19,741.00
Sales of Capital Asset
$ 1,563.00
$ 1,563.00
Salvage Sales
$ 5,149.00
$ 5,149.00
Use of Fund Balance/Net Position
This M&C Rec 4
$ 3,429,968.00
$ 3,429,968.00
Total Revenues
$ 32,231,585.00
$ 3,429,968.00
$ 35,661,553.00
Expenditures
Property Management
$ 32,099,361.00
This M&C Rec 4
$ 3,429,968.00
$ 35,529,329.00
Transfer to General Fund
$ 74,869.00
$ 74,869.00
Transfer to Capital Fund
$ 35,000.00
$ 35,000.00
Transfer to IT Refresh Capital
$ 22,355.00
$ 22,355.00
Total Expenditures
$ 32,231,585.00
$ 3,429,968.00
$ 35,661,553.00
Environmental Protection Fund (Recommendation 5)
Per Ordinance No. 25773-09-2022 Section 2, the FY2023 adopted budget for the Environmental Protection Fund was $18,465,040.00. This M&C
recommends an increase in appropriations of $503,000.00, for an adjusted budget of $18,968,040.00.
Expenditure appropriations in the General Operating and Maintenance accounts will increase by $503,000.00, from available fund balance for
covering operating and maintenance expenses.
Fund / Department
FY2023 Adopted
Budget
Authority
Budget Adjustment
Revised FY2023
Budget
Budget Category
Environmental Protection
Revenues
Charges for Services
$ 15,074,528.00
$ 15,074,528.00
Use of Money and Property
$ 56,000.00
$ 56,000.00
Transfer from Stormwater Utilities
$ 1,000,000.00
$ 1,000,000.00
Use of Fund Balance/Net Position
$ 2,334,512.00
This M&C Rec 5
$ 503,000.00
$ 2,837,512.00
Total Revenues
$ 18,465,040.00
$ 503,000.00
$ 18,968,040.00
Expenditures
Code Compliance
$ 13,067,583.00
This M&C Rec 5
$ 503,000.00
$ 13,570,583.00
Transfer to Water/Sewer Fund
$ 495,476.00
$ 495,476.00
Transfer to Grant
$ 215,000.00
$ 215,000.00
Transfer to Engergy Savings Program
$ 4,657.00
$ 4,657.00
Transfer to IT Refresh Capital
$ 13,324.00
$ 13,324.00
Transfer to Capital Fund
$ 4,669,000.00
$ 4,669,000.00
Total Expenditures
$ 18,465,040.001
503.000.001
$ 18,968,040.00
Alliance Maintenance Facility Fund (Recommendation 6)
Per Ordinance No. 25773-09-2022 Section 2, the FY2023 adopted budget for the Alliance Maintenance Facility Fund was $7,428,853.00. M&C
appropriations throughout the year increased the budget by $860,000.00 to $8,288,853.00. This M&C recommends an increase in appropriations
of $757,275.00, for an adjusted budget of $9,046,128.00.
The increase in appropriations is due to unexpected increases of approximately $200,000.00 in contractual services related to a 5% increase in
the TDI contract effective at contract renewal in February 2023, unexpected boiler and chiller pump maintenance and repairs totaling $200,995.00,
an electrical outage that interrupted connection to the Central Utility Plant (CUP) and other buildings that required replacement of some cabling
and switch gears for approximately $325,000.00, feed line section replacements totaling approximately $150,000.00, unexpected fire system
repairs totaling $30,000.00, and utility meter replacement totaling $100,000.00. Additional funding needed is offset by expected savings in utilities
of approximately $248,720.00. To balance these increases in expenditures, the use of available fund balance will be appropriated.
Fund / Department
FY2023 Adopted
Budget
Authority
Budget Adjustment
Revised FY2023
Budget
Budget Category
Alliance Maintenance Facility
Revenues
Charges for Services
$ 378,700.00
$ 378,700.00
M&C 23-0370
$ 860,000.00
$ 860,000.00
Use of Money and Property
$ 2,112,317.00
$ 2,112,317.00
Other - Recovery of Utilities
$ 1,932,071.00
$ 1,932,071.00
Use of Fund Balance/Net Position
$ 3,005,765.00
This M&C Rec 6
$ 757,275.00
$ 3,763,040.00
Total Revenues
$ 7,428,853.00
$ 1,617,275.00
$ 9,046,128.00
Expenditures
Property Management
$ 6,148,853.00
M&C 23-0370
$ 860,000.00
$ 7,766,128.00
This M&C Rec 6
$ 757,275.00
Transfer to Capital Fund
$ 1,280,000.00
$ 1,280,000.00
Total Expenditures
$ 7,428,853.00
$ 1,617,275.00
$ 9,046,128.00
General Capital Projects Fund (Recommendation 8)
The capital appropriations are intended to be life-of-project/life-of-program appropriations and are considered encumbered and available until the
associated project or program has been fully completed.
city
Project
Project Name
Original
Authority
Budget
Adjusted Budget
No.
Budget
Adjustment
105022
West 7th Bridge Illumination
0
This M&C Rec 8
$ 2,500,000.00
$ 2,500,000.00
Risk Financing Fund (Recommendation 9)
Per Ordinance No. 25773-09-2022 Section 5, the FY2023 adopted budget for the Risk Financing Fund was $27,510,695.00. M&C appropriations
of $1,717,967.00 throughout the year resulted in an adjusted budget of $29,228,662.00. This M&C recommends a net increase in appropriations
of $7,401,513.00, for an adjusted budget of $36,630,175.00, transfer from General Fund, for the purpose of establishing a reserve for unfunded
property and liability claims/settlements.
Fund / Department
FY2023 Adopted
Budget
Authority
Budget
Adjustment
Revised FY2023
Budget
Budget Category
Risk Financing Fund
Revenues
Use of Money and Property
$
398,680.00
$
398,680.00
Other - Payment for Allocated
Services from other funds
$
26,601,495.00
This M&C Rec 9
$
9,630,000.00
$
36,231,495.00
Use of Fund Balance/Net Position
$
510,520.00
M&C 23-0010
$
750,000.00
$
-
M&C 23-0605
$
60,475.00
M&C 23-0606
$
907,492.00
This M&C Rec 9
$
(2,228,487.00)
Total Revenues
$
27,510,695.00
$
9,119,480.00
$
36,630,175.00
Expenditures
Human Resources
$
27,506,493.00
M&C 23-0010
$
750,000.00
$
35,658,006.00
This M&C Rec 9
$
7,401,513.00
Transfer to IT Refresh Capital
$
4,202.00
$
4,202.00
Transfer to Stormwater Capital
Projects
M&C 23-0605
$
60,475.00
$
60,475.00
Transferto General Capital
Projects
M&C 23-0606
$
907,492.00
$
907,492.00
Total Expenditures
$
27,510,695.00
$
9,119,480.001
$
36,630,175.00
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 upon the approval of the above recommendations and adoption of the attached ordinances, funds will be
available in the current operating budget, as appropriated, of the General Fund, General Capital Projects Fund, Risk Financing Fund, Fleet &
Equipment Services Fund, Alliance Maintenance Facility, Environment Protection Fund, Water and Sewer Fund, and Water and Sewer Capital
Projects Fund. Prior to any expenditure being incurred, the participating departments have the responsibility to validate the availability of funds.
Submitted for City Manager's
Office by:
Reginald Zeno
8517
Originating Business Unit
Head:
Mark McDaniel
6222
Additional Information Contact:
Expedited