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HomeMy WebLinkAboutOrdinance 21166-03-2014 Ordinance No. 21 166-03-2014 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GENERAL FUND IN THE AMOUNT OF $4,609,506.00 AND DECREASING THE UNASSIGNED GENERAL FUND BALANCE BY THE SAME AMOUNT, FOR THE PURPOSE OF FINALIZING THE FISCAL YEAR 2013 BUDGET; 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 2012-2013 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the General Fund in the amount of$4,609,506.00 and decreasing the unassigned General Fund balance by the same amount,for the purpose of Finalizing the Fiscal Year 2013 budget. SF1(.','TION 2. That should any portion, section or pail 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 No. 20411-09-2012 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRETARY (03-�6 ?,x Assistant City orney Mary J. ay�l ADOPTED AND EFFECTIVE: March ]8, 2014 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 3/18/2014 - Ordinance No. 21166-03-2014 DATE: Tuesday, March 18, 2014 REFERENCE NO.: G-18158 LOG NAME: 13FY2013 CLOSING SUBJECT: Adopt Supplemental Appropriation Ordinance in the Amount of$4,609,506.00 for Fiscal Year 2013 Year End Budget Adjustments and Decrease Unassigned General Fund Balance by the Same Amount (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council adopt the attached supplemental appropriation ordinance increasing appropriations for Fiscal Year 2013 in the amount of$4,609,506.00 in the General Fund departments that are over budget and decreasing the unassigned General Fund balance by the same amount. DISCUSSION: The City's annual General Fund operating budget is formally enacted into law by City Council action adopting an appropriation ordinance that establishes spending limits for each department's operation. The purpose of this Mayor and Council Communication (M&C) is to provide the City Council with the final budget performance, per the audit, for the year ending September 30, 2013. This process begins with the recording of all expenditures from October 1, 2012 to September 30, 2013 plus all expenditures found posted to the Fiscal Year (FY) 2014 that should be posted as FY 2013 expenditures. As a result of the external auditors' review, additional expenditure entries are either posted or re-classed resulting in changes to departments' final total expenditures. All departments' final expenditures are then compared against the budgeted amount approved from the original or supplemental appropriation during the year, which results in this adjustment. The amounts over budget must be appropriated by action of the City Council, in accordance with the City Charter (Chapter X, Section 5, Expenditure Only Pursuant to Appropriations). This action represents the final step before the audit can be completed and the Comprehensive Annual Financial Report published. Below is a brief explanation of the activity that caused some departments to exceed their budget: GENERAL FUND DEPARTMENT ADDITIONAL APPROPRIATIONS Financial Management Services $ 592,618.00 Library $ 381,962.00 Police $3,634,926.00 TOTAL GENERAL FUND $4,609,506.00 Financial Management Services - Overage is mainly the result of higher than anticipated costs for Logname: 13FY2013_CLOS.NG Page 1. of 3 contractual services related to the preparation of the CAFR and consultant services costs associated with vacant positions. Library - Overages are mainly in personnel costs associated with fewer vacancies than anticipated due to restructured services and the reduced number of staff. Police - Overage is mainly due to lower than anticipated vacancy savings. This is partially offset by reduced expenditures for operating equipment and contractual expenditures While this M&C concentrates on the departments that need additional appropriations, it is also appropriate to note that FY 2013 revenues and other financing sources were, on the whole, more than the estimated amount as follows: Favorable REVENUES and OTHER FINANCING SOURCES (Unfavorable) ACTUAL BUDGET VARIANCE General Property Taxes $ 287,111,993.00 $ 289,296,883.00 $ (2,184,890.00) Sales Taxes $ 118,646,424.00 $ 108,798,434.00 $ 9,847,990.00 Other Local Taxes $ 8,566,218.00 $ 8,007,608.00 $ 558,610.00 Charges for $ 25,834,701 .00 $ 23,887,960.00 $ 1,946,741.00 Services Licenses and $ 47,658,499.00 $ 46,965,327.00 $ 693,172.00 Permits Fines and Forfeitures $ 18,228,402.00 $ 19,749,638.00 $ (1,521,236.00) Use of Money and Property $ 4,146,336.00 $ 3,656,725.00 $ 489,611.00 Intergovernmental $ 769,493.00 $ 1,255,507.00 $ (486,014.00) Other Revenues $ 3,380,894.00 $ 1,251,959.00 $ 2,128,935.00 Transfers In - Other $ 43,714,735.00 $ 43,005,890.00 $ 708,845.00 Funds Intrafund Transfers $ 652,554.00 $ 317,000-00 $ 335,554.00 In TOTAL REVENUES and OTHER $ 558,710,249.00 $ 546,192,931.00 $ 12,517,318.00 FINANCING SOURCES It is also noteworthy to highlight departments that had savings from the approved budget. Savings noted below may or may not be fully realized because the funds are rolled over for use in FY 2014. For FY 2014, supplemental appropriation ordinance (M&C G-18105) was approved on 1/07/2014 for rollover encumbrances in the amount of$9,915,517.00 for the General Fund. DEPARTMENT APPROPRIATED ENCUMBRANCE SAVINGS ROLLOVER City Attorney's Office $ 167,988.00 $ 15,076.00 City Auditor's Office $ 147,962.00 $ 97,897.00 Logname: 13FY2013—CLOSING Page 2 of 3 City Manager's Office $ 327,279.00 $ City Secretary's Office $ 65,592.00 $ Code Compliance $ 1 ,055,215.00 $ 520,517.00 Fire $ 2,271,340.00 $ 1,315,560.00 Housing and Economic Development $ 179,569.00 $ - Human Resources $ 461,923.00 $ 314,460.00 Library $ - $ 50,575.00 Municipal Court $ 1,143,608.00 $ 96,135.00 Non-Departmental $ 710,374.00 $ - Parks and Community Services $ 1,460,462.00 $ 990,732.00 Planning and Development $ 1,718,196.00 $ 769,975.00 Police $ $ 253,783.00 Transportation and Public Works $ 5,955,822.00 $ 5,490,807.00 TOTAL DEPARTMENT $ 15,665,330.00 $ 9,915,517.00 Most departmental savings are primarily due to reduced personnel costs associated with vacancies and reduced contractual costs. Transportation and Public Works - Savings are primarily due to expenses that were not completed in FY 2013, but are expected to be expended in FY 2014, including vehicle replacements and multi-year street and bridge maintenance projects still in progress. FISCAL INFORMATION / CERTIFICATION: The Director of Financial Management Services certifies that upon the approval of the above recommendations and adoption of the attached supplemental appropriation ordinance funds will be available in the FY 2013 operating budgets, as appropriated, of the General Fund. Upon approval, the unassigned fund balance of the General Fund will exceed the minimum reserves as specified in the Financial Management Policy Statements. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Aaron Bovos (8517) Additional Information Contact: Jennifer Fung (8325) Lognarne: 13FY2013—CLOSING Page 3 of 3