HomeMy WebLinkAboutOrdinance 20955-09-2013 Ordinance No.
AN DECREASING THE ASSIGNED FUND BALANCE IN THE
WORf{IJR8` C()M9BNSA7l[)N FUND IN THE AMOUNT OF $500,000, IN THE
UNEMPLOYMENT COMPENSATION FUND IN THE AMOUNT OF $250,000, IN
THE TEMPORARY LABOR FUND 1N' THE AMOUNT OF $250'000' AND IN THE
RISK MANAGEMENT FUND DNTHE AMOUNT OF $3,0U0,0U0 FOR TI8EPURPOSE
OF TRANSFERRING FUNDS TO THE GENERAL FUND TO STRENGTHEN FUND
BALANCE; PROVIDING FOR & SEVER-ABILITY CLAUSE; MAKING THIS
ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH;
AN)PROVD}[NG AN EFFECTIVE DATE.
BE IT OR-DAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS:
SECTION l.
That in addition to those amounts allocated to the various City departments for Fiscal Year 2013-2014 in the
Budget of the City Manager, there ohu)| also be decreased the aaajgood fund balance in the VVockoc'a
Compensation Fund in the amount of$500,000, in the Unemployment Compensation Fund in the amount of
$250`000, in the Temporary Labor Fund in the ucoount of$250,000, and in the Djnk Management Fund in
the uououot of $3,000.000 for the purpose of transferring funds to the Gsocco) Fund to oto:nttbeo fund
balance.
SECTION 2.
That should any portion, suudoo or part of 000bou of this wndiou000 he declared invalid, inoperative or
void for any reason byu court ofcompetent jurisdiction, such decision, opioionor jud@meut obu\\ in on vvuy
impair the roomiuing portions, x*udono` or parts of sections of this ordinance, v/hJub said ,ocoobing
provisions shall be and remain io full force and effect.
SECT/0N 3.
TheFinance Director certifies that upon approval of the FY 2013-2014 annual appropriation ordinance, and
adoption o[this ordinance, funds will be available iuthe FY20|3'20l4 General Fund fund balance. Upon
Ordinance No. 2Uo5j-0P-2Oi3
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approval, projected unaudited, assigned fund balance of the General Fund will be $l`380,998 above the
mJndozurn reserve fund bo}nooe of $57,002,632 required by the City's Financial Management Policy
Statements.
SECTION 4.
That this ordinance ubaU be incorporated into the ordinance of the municipal g*vmruozcot ofrhe City offod
Worth for the ensuing Fiscal Year beginning October 1, 2013, and ending September 30, 2014, and all other
ordinances and appropriations amending the same except in those instances where the provisions oftbiu
ordinance are in direct conflict with such other ordinances and appropriations, in vvhiob iomtuooe said
conflicting provisions of said prior ordinances and approptiations are hereby expressly repealed.
SECTION 5.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORM AND LEGALITY:
Assistant Cdy/\tt(g�ey y /t+ \% Mary]. I{�va 'City 8noretury
ADOPTED AND EFFECTIVE:
Ordinance No. 20955-O9-20l2
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