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HomeMy WebLinkAbout28534-06-2026 - City Council - OrdinanceORDINANCE NO.28534-06-2026 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GENERAL FUND IN THE AMOUNT OF S255,420.86, FROM INITIAL CREDIT CARD SERVICE FEE RECEIPTS, FOR THE PURPOSE OF PAYING THOSE AMOUNTS TO THE MERCHANT PROCESSORS; 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. That 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 receipts and appropriations in the General Fund in the amount of $255,420.86, from initial credit card service fee receipts, for the purpose of paying those amounts to the merchant processors. SECTION 2. That should any portion, section or part of 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: June 9, 2026 EFFECTIVE: June 9, 2026 Jannette S. Goodall City Secretary Ordinance No. 28534-06-2026 Page 1 of 1 City of Fort Worth, Texas Mayor and Council Communication DATE: 06/09/26 M&C FILE NUMBER: M&C 26-0424 LOG NAME: 06FY2026 CREDITCARDFEEREV SUBJECT (ALL) Adopt Appropriation Ordinance to Enact Budget Adjustments and Recognize Unbudgeted Operating Revenues and Expenditures Associated with Credit Card Service Fees, Authorize All Necessary Transfers and Amend the Fiscal Year 2026 Adopted Budget in the Amount of $255,420.86 RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Fund in the amount of $255,420.86, from initial credit card service fee receipts, for the purpose of paying those amounts to the merchant processors; 2. Authorize all necessary transfers to affect the appropriations identified above; and 3. Amend the Fiscal Year 2026 Adopted Budget. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to take actions to bring the General Fund into balance by recognizing revenues and expenditures that were not initially anticipated to run through the fund at the time of the annual Operating Budget adoption. At the beginning of Fiscal Year (FY) 2026, the Development Services Department began charging the Credit Card Service Fee as allowed by state law, City ordinance 27978-09-2025, and the FY2026 budget. The department expected the merchant processor banks who impose these fees to retain them rather than remitting them to the City for the City to then pay the merchant processor, as such that revenue was not budgeted in the General Fund. Implementation of the technology and process for the merchant processor bank to directly receive the fee was completed in March 2026. During the period of implementation prior to that point, $255,420.86 of revenues accrued in the General Fund and are owed to the merchant processor bank. This M&C adopts an ordinance that increases estimated receipts in the Development Services Department by $255,420.86, from newly recognized revenues and will increase appropriations in the Development Services Department, General Operating & Maintenance catergory, by $255,420.86 to fund bank charges and allow the department to pay those fees through to the bank. Funding is budgeted in the Credit Card Fee account within the General Fund for the Developement Services Department. Per Ordinance No. 27979-09-2025 Section 1, the General Fund adopted budget for FY2026 was $1,105,348,789.00. M&C appropriations of $12,572,643.53 throughout the year resulted in an adjusted budget of $1,117,921,432.53. This M&C recommends an increase in appropriations of $255,420.86, for an adjusted budget of $1,118,176,853.39. This serves ALL COUNCIL DISTRICTS. 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 within the General Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available as appropriated. Prior to an expenditure being incurred, the Development Services Department has the responsibility of verifying the availability of funds. Submitted for Citv Manaaer's Office bv: Jesica McEachern 5804 Oriainatina Business Unit Head: D.J. Harrell 8032 Additional Information Contact: Kristina Ashton 8318