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HomeMy WebLinkAbout28414-04-2026 - City Council - OrdinanceORDINANCE NO.28414-04-2026 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE PUBLIC IMPROVEMENT DISTRICT — 19 HISTORIC CAMP BOWIE FUND IN THE AMOUNT OF $79,094.00, FROM AVAILABLE, UNRESERVED FUND BALANCE, FOR THE PURPOSE OF FUNDING MID -YEAR BUDGET ADJUSTMENTS; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: SECTION 1. In addition to those amounts allocated to the various City departments for Fiscal Year 2025-2026 in the Budget of the City Manager, there shall also be increased estimated appropriations in the Public Improvement District — 19 Camp Bowie Fund in the amount of $79,094.00, from available, unreserved fund balance, for the purpose of funding mid -year budget adjustments. SECTION 2. 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. This ordinance shall be cumulative of Ordinance 27979-09-2025 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: E► l Assistant City Attorney Adopted and Effective April 28, 2026 Jannette S. Goodall City Secretary a� FORr��aa 00 odd V P ° ° ICY Kati �EXA o�, Ordinance No. 28414-04-2026 Page 1 of 2 REVENUES PID Assessments COFW Payment in lieu of Services COFW Assessment Total Budgeted Revenues Use of Fund Balance Total Revenues EXPENSES Management Fee Beautification Safety & Security Economic Development Marketing & Communications Internal Audit City Audit City Adminstrative Fee Total Budgeted Expenses Contribution to Fund Balance Total Expense Net Change in Fund Balance Fund Balance, Beginning of Year Estimated Fund Balance, End of Year Reserve Requirement Over (Under) Reserve *FY2026 Assessment Rate = $.10 City of Fort Woth Five Year Service Plan Public Improvement District No. 19 - Historical Camp Bowie FY 25/26 FY 26/27 FY 27/28 FY 28/29 FY 29/30 $ 551,418 $ 567,961 $ 525,702 $ 600,000 $ 624,000 79,897 41,255 42,493 42,493 43,767 $ 631,315 $ 609,216 $ 568,195 $ 642,493 $ 667,767 $ 79,094 $ - $ - $ - $ - $ 710,409 $ 609,216 $ 568,195 $ 642,493 $ 667,767 $ 110,283 $ 113,592 $ 105,140 $ 120,000 $ 124,800 301,500 199,500 199,500 208,000 208,000 77,000 64,500 64,500 70,950 78,045 79,500 79,500 79,500 76,450 84,095 110,500 90,500 90,500 100,650 110,715 13,000 13,000 13,000 14,061 14,623 6,000 3,000 3,000 3,000 3,000 12,626 12,184 11,364 12,850 13,355 $ 710,409 $ 575,776 $ 566,504 $ 605,961 $ 636,633 $ - $ 33,440 $ 1,691 $ 36,532 $ 31,134 $ 710,409 $ 609,216 $ 568,195 $ 642,493 $ 667,767 $ (79,094) $ 339440 $ 1,691 $ 36,532 $ 31,134 $ 202,551 $ 123,457 $ 156,897 $ 158,588 $ 195,120 $ 123,457 $ 156,897 $ 158,588 $ 195,120 $ 226,253 95,982 94,436 101,014 106,127 106,127 $ 27,475 $ 62,460 $ 57,574 $ 88,993 $ 120,127 City of Fort Worth, Texas Mayor and Council Communication DATE: 04/28/26 M&C FILE NUMBER: M&C 26-0279 LOG NAME: 03PID19 MIDYEAR FY26 SUBJECT (CD 3 and CD 7) Adopt Ordinance Amending Public Improvement District 19 — Historic Camp Bowie Fiscal Year 2025-2026 Adopted Budget and Five -Year Service Plan; Authorize the Execution of an Amendment to the Associated Management and Improvement Services Agreement with Camp Bowie District, Inc. to Align with these Changes; and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached ordinance amending Public Improvement District 19 — Historic Camp Bowie Fiscal Year 2025-2026 Budget and Five - Year Service Plan to reflect amendments associated with a mid -year review; and direct the City Secretary to record the same in the real property records of Tarrant County, Texas no later than the seventh (7th) day after adoption by the City Council; and 2. Authorize the execution of an amendment to the associated Management and Improvement Services Agreement with Camp Bowie District, Inc. (City Secretary Contract No. 64229) to align with these changes; and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Public Improvement District 19 — Historic Camp Bowie Fund in the amount of $79,094.00, from available, unreserved fund balance, for the purpose of funding mid -year budget adjustments. DISCUSSION: The City of Fort Worth's (COFW) FWLab Department administers the City's Public Improvement Districts (PIDs). The City's PID Policy outlines the need to proactively work with the City's PID management companies to oversee the services being provided within each of the PIDs. PID 19 — Historic Camp Bowie (Historic Camp Bowie PID) is managed by Camp Bowie District Inc. (CBDI). On September 16, 2025, City Council adopted Ordinance No. 27998-09-2025, approving the Fiscal Year (FY) 2025-2026 Budget, Five -Year Service Plan, Assessment Plan, and Tax Year 2025 Assessment Roll for the Historic Camp Bowie PID. Following a mid -year review of the Historic Camp Bowie PID budget, City staff, in coordination with CBDI, have identified the need to amend the FY2025-2026 budget to increase appropriations by $79,094.00. This adjustment reflects the use of available fund balance to support program enhancements. As a result, the originally projected contribution to fund balance will be reduced by $44,906.00. The expenditure adjustments are primarily attributable to increased investment in corridor beautification, including landscaping and irrigation upgrades, expanded pole banner programming, enhanced off -duty police patrol services, and expanded marketing initiatives. In addition to PID Assessments, the Downtown PID also receives funding from the following sources: (1) the City Payment In -Lieu of Services and (2) the City of Fort Worth (COFW) Assessment. The City's Payment In -Lieu of Services is a supplement to the PID 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 Payment In -Lieu of Assessment is an allocation to the PID budget for assessments the City would pay on City -owned properties in the Downtown PID, if the City was not a tax-exempt entity. Neither of these revenue sources is changing in the current update to the Five -Year Service Plan. Revenue Adjustments: Line Items to Previously Recommended Amended be Adjusted Approved Mid -Year FY26 Budget FY26 Budget Item Adjustment Item PID $551,418.00 $0.00 $551,418.00 Assessments COFW Payment in lieu $79,897.00 $0.00 $79,897.00 of Services Use of Fund $0.00 $79,094.00 $79,094.00 Balance Totals $631,315.00 $79,094.00 $710,409.00 Expenditure Adjustments: Previously Approved Recommended Amended FY26 Budget Mid -Year FY26 Budget Line Item Item Adjustment Item Management Fee $110,283.00 $0.00 $110,283.00 Beautification $199,500.00 $102,000.00 $301,500.00 Safety & Security $63,000.00 $14,000.00 $77,000.00 Economic Development $79,500.00 $0.00 $79,500.00 Marketing & Communications $105,500.00 $5,000.00 $110,500.00 Audit $13,000.00 $0.00 $13,000.00 City Administrative Fee $12,626.00 $0.00 $12,626.00 City Administrative Audit $3,000.00 $3,000.00 $6,000.00 Contribution to Fund Balance $44,906.00 ($44,906.00) $0.00 Totals $631,315.00 $79,094.00 $710,409.00 Upon approval of the above recommendations, the total budgeted expenses for FY2025-2026 will be $710,409.00. This mid -year adjustment will decrease the unaudited, unassigned fund balance by a total of $79,094.00. The revised 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. 64229). Funding will be budgeted within the FWPID #19 — Historic Camp Bowie Fund for Fiscal Year 2026. The Historic Camp Bowie PID is located in 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 funds are currently available from fund balance within the FWPID#19 - Hist Camp Bowie Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the FWPID#19 - Hist Camp Bowie Fund as appropriated. Prior to an expenditure being incurred, the FWLab Department has the responsibility of verifying the availability of funds. Submitted for Citv Manaaer's Office bv: Oriainatina Business Unit Head: Christianne Simmons 6222 Additional Information Contact: Brady Kirk 8712