HomeMy WebLinkAbout28410-04-2026 - City Council - OrdinanceOrdinance No. 28410-04-2026
AN ORDINANCE DECREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN PUBLIC IMPROVEMENT DISTRICT 12 — CHAPEL HILL
IN THE AMOUNT OF $2,629.00, 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 a decrease in estimated appropriations in the Public
Improvement District 12 — Chapel Hill in the amount of $2,629.00, 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said prior ordinances and appropriations are hereby expressly repealed.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:
Assistant City Attorney
Adopted and Effective: April 28, 2026
Jannette S. Goodall
City Secretary
Ordinance No. 28410-04-2026
Page I of 2
City of Fort Worth
Five Year Service
Plan: Mid -Year
Adjustment
Public Improvement District No.
7 - Heritage
FY 25/26
FY 26/27
FY 27/28
FY 28/29
FY 29/30
REVENUES
PID Assessments
$ 2,161,087
$ 2,225,920
$ 2,292,697
$ 2,361,478
$ 2,432,322
COFW Payment in lieu of Services
266,068
274,050
282,272
290,740
299,462
PID Generated Revenue
1,050
1,050
1,050
1,050
1,050
Total Budgeted Revenues
$ 2,448,912
$ 2,521,727
$ 2,596,726
$ 2,673,975
$ 2,753,541
Use of Fund Balance
$ 563,774
$ 90,648
$ -
$ -
$ -
Total Revenues
$ 3,012,686
$ 2,612,374
$ 2,596,726
$ 2,673,975
$ 2,753,541
EXPENSES
Management Fee
$ 188,818
$ 192,594
$ 196,446
$ 200,375
$ 204,383
Utilities
283,950
289,629
295,422
301,330
307,357
Landscaping
1,293,865
1,319,742
1,346,137
1,373,060
1,400,521
Common Area Maintenance
217,701
222,055
210,058
216,360
222,851
Security Enhancement
105,000
94,000
95,880
97,798
99,754
Advertising
7,700
500
500
500
500
Public Event
92,000
93,840
95,717
97,631
99,584
Association Employees
58,843
60,020
61,220
62,445
63,694
Capital Improvements
709,852
286,559
200,000
206,000
212,180
Annual Review
6,000
3,000
3,000
3,000
3,000
City Administrative Fee
48,957
50,435
51,935
53,480
55,071
Total Budgeted Expenses
$ 3,012,686
$ 2,612,374
$ 2,556,315
$ 2,611,978
$ 2,668,893
Contribution to Fund Balance
$ -
$ -
$ 40,411
$ 61,997
$ 84,648
Total Expense
$ 3,012,686
$ 2,612,374
$ 2,596,726
$ 2,673,975
$ 2,753,541
Net Change in Fund Balance
$ (563,774)
$ (90,648)
$ 40,411
$ 61,997
$ 84,648
Fund Balance, Beginning of Year
$ 1,319,493
$ 755,719
$ 665,071
$ 705,482
$ 767,479
Estimated Fund Balance, End of Year
$ 755,719
$ 665,071
$ 705,482
$ 767,479
$ 852,127
Reserve Requirement
435,483
426,138
435,417
444,905
444,905
Over (Under) Reserve
$ 320,236
$ 238,933
$ 270,066
$ 322,575
$ 407,223
*FY25/26 Assessment Rate = $.145 Residential/ $.125 Commercial
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 04/28/26 M&C FILE NUMBER: M&C 26-0271
LOG NAME: 03PID12 MIDYEAR FY26
SUBJECT
(CD 7) Adopt Ordinance Amending the Fort Worth Public Improvement District 12 — Chapel Hill 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
FirstService Residential Texas PID, LLC to Align with these Changes; and Adopt Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached ordinance amending the Public Improvement District 12 — Chapel Hill 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;
2. Authorize the execution of an amendment to the associated Management and Improvement Services Agreement with FirstService
Residential Texas PID, LLC (City Secretary Contract No. 64236) to align with these changes; and
3. Adopt the attached appropriation ordinance decreasing estimated receipts and appropriations in the Public Improvement District 12 —
Chapel Hill Fund in the amount of $2,629.00 from available, unreserved fund balance, for the purpose of aligning the budget with mid -year
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 12 —
Chapel Hill (or the Chapel Hill PID) is managed by FirstService Residential Texas PID, LLC (FirstService).
On September 16, 2025, City Council adopted Ordinance No. 27990-09-2025, approving the Fiscal Year (FY) 2025-2026 Budget, Five -Year
Service Plan, Assessment Plan, and Tax Year 2025 Assessment Roll for the Chapel Hill PID. After conducting a mid -year review of the Chapel Hill
PID's budget, City staff and FirstService Residential Texas PID, LLC, have identified the need to amend the FY2025-2026 budget to decrease
appropriations by $2,629.00. This adjustment reflects a decrease in the use of available fund balance.
The expenditure adjustments are primarily attributable to installation of new picnic tables and trash cans, a change in landscaping scope, and
cancelled fountain installation plans, resulting in an overall decrease in budgeted expenses.
In addition to PID Assessments, the Chapel Hill PID also receives funding from City of Fort Worth Payment In -Lieu of Assessment, which is an
allocation to the PID budget for assessments the City would pay on City -owned properties in the Chapel Hill PID, if the City was not a tax-exempt
entity. This revenue source is not changing in the current update to the Five -Year Service Plan.
Revenue Adjustments:
Previously Recommended
Amended
Line Item
Approved Mid -Year
FY26 Budget
FY26 Budget Item Adjustment
Item
PID
$483,864.00 $0.00
$483,864.00
Assessments
COFW
1,041.00 0.00
1,041.00
Assessment
Use of Fund
2,629.00 (2,629.00)
0.00
Balance
Totals
$487,534.00 I ($2,629.00)
I $484,905.00
Expenditure Adjustments:
Previously
Approved Recommended Amended
FY26 Budget Mid -Year FY26 Budget
Line
Item Item Adjustment Item
Management Fee $24,900.00 $0.00 $24,900.00
Capital Improvements
Common Area Maintenance
Communications
Landscaping
Security
Utillities
Annual Review
City Administrative Fee
Contribution to Fund Balance
Totals
83,200.00
(10,000.00) 1
73,200.00
83,000.00
0.00
83,000.00
4,800.00
0.00
4,800.00
149,936.00
(22,751.00)
127,185.00
103,000.00
0.00
103,000.00
26,000.00
5,000.00
31,000.00
3,000.00
3,000.00
6,000.00
9,698.00
0.00
9,698.00
0.00
22,122.00
22,122.00
$487,534.00
($2,629.00)
$484,905.00
Upon approval of the above recommendation, the total budgeted expenses for FY2025-2026 will be $484,905.00. The revised Budget and Five -
Year Service Plan will take effect upon approval by City Council. The City and FirstService will amend the existing management contract to
reflect the mid -year adjustment (City Secretary Contract No.64237).
Funding will be budgeted within the FWPID #12 — Chapel Hill Fund for Fiscal Year 2026. Funding is available for appropriation in the fund balance
of the FWPID# 12 - Chapel Hill Fund. The current balance is $824,122.06, after this M&C available balance will be $846,244.06.
The Chapel Hill PID is located in COUNCIL DISTRICT 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 above recommendations and adoption of the ordinance, funds will be available in the
current operating budget, as appropriated, in the FWPID #12 - Chapel Hill Fund. Prior to any expenditure being incurred, the FWLab Department
has the responsibility to validate the availability of funds.
Submitted for Citv Manaaer's Office bv:
Oriainatina Business Unit Head:
Christianne Simmons 6222
Additional Information Contact: Brady Kirk 8712