HomeMy WebLinkAboutOrdinance 18882-10-2009Grdinance No. 18882-10-2009
AN GRDINANCE INCREASING ESTIMATED RECEIPTS AND APPRGPRIATIGNS IN
THE AIRPGRTS GAS LEASE PRGJECT FUND BY $87,285.28, THE AVIATIGN
ENDGWMENT FUND BY $81,285,28, THE TPW GAS WELLS REVENUE FUND BY
$47,524.81, THE PARK GAS LEASE PRGJECT FUND BY $20,593.56, THE PARK
SYSTEM ENDGWMENT FUND BY $47,404.51, THE GGLF CAPITAL PRGJECT FUND
BY $1,280.88, THE WATER AND SEWER CAPITAL PRGJECTS FUND BY $4,245.41
AND THE WATER AND SEWER ENDGWMENT FUND BY $1,189.27 AND DECREASING
THE UNRESERVED, UNDESIGNATED RETAINED EARNINGS BY THE SAME
AMGUNT, FGR THE PURPOSE GF TRANSFERRING SAID FUNDS TG THE GENERAL
FUND TG CGVER ADMINISTRATIVE CGSTS OF MINERAL LEASING ASSGCIATED
WITH CITY-GWNED PRGPERTIES; PRGVIDING FGR A SEVERABILITY CLAUSE;
MAKING THIS GRDINANCE CUMULATIVE GF PRIGR ORDINANCES; REPEALING ALL
GRDINANCES IN CONFLICT HEREWITH; AND PRGVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY CGUNCIL GF THE CITY GF FGRT WGRTH, TEXAS:
SECTIGN 1.
That in addition to those amounts allocated to the various City departments for Fiscal Year 2010, there shall
also be increased appropriations in the Airports Gas Lease Project Fund by $87,285.28, the Aviation
Endowment Fund by $81,285.28, the TPW Gas Wells Revenue Fund by $41,524.81, the Park Gas Lease
Project Fund by $20,593.56, the Park System Endowment Fund by $41,404.51, the Golf Capital Project
Fund by $7,280.88; the Water and Sewer Capital Projects Fund by $4,245.41 and the Water and Sewer
Endowment Fund by $1,189,21; and decreasing the unreserved, undesignated retained earnings by the
same amount for the purpose of transferring said funds to the General Fund for the purpose of transferring
said funds to the General Fund to cover administrative costs of mineral leasing associated with City-owned
properties.
SECTIGN 2.
That 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.
SECTIGN 3.
That this ordinance shall be cumulative of Grdinance No. 18809 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,
SECTIGN 4.
This ordinance shall take effect upon adoption.
APPR.DVED AS TG FORM AND LEGALITY:
~~~-
Assistant Cit Attorney
ADAPTED AND EFFECTIVE: Gctober 27L2009
City of Fort Worth, Texas
Mayor and Council Communication
...'~......\\`.i `~`.~.\ ;?CA.~"i\.3~Y£. ti,~Ca`GYS3.~.,....._ ..'.~c '.'`.b,\ \~,'\+.. .. k~~~'~:~T,...~ v ~ ~ ~,~\~\~w ~-,i..r.v, n\ : e ...'Cia ti,.;\ ti..b.a.~h\~\~~i; k fi
«... a\~`t,. C. ~~F~~~rc`..... .. .~.~~~.. ., .. ``~at,'Sc ,i:`p?~9&s+~\ti~A:~x;..o-'~co-v,\t)t..>s!5.~~
~CNCL "~"~~N Approved o~ ~ 41~1~~009 ~ r~ No ~ ~~~~-10-2049
~ke,:,,a.`,~.;..4F,~t~~k~':; `,..~'~,tiaM.nti.;~.~Y~`~ ~~;4..~ ~~\~,.,»,aye;,~~',\,~"~,~s'°~,~,~'',~',~,~\'~e;'~ :~}t~ `tee,„1~ .. .., _ :Y~:~\\a~~\~\1;`,~,3~a'd''~`,\~F~`„k;,,~c~a~'~c\`u~~~,~x~~c~.. .~°.~;~a;,~~f ;?ate
DATE: Tuesday, October 27, 2009
L4G NAME: 06GAS GPERATING EXPENSE
SUBJECT:
Authorize Reimbursement of the General Fund in the Amount of $302,809.00 for Expenses Associated
with the Leasing of City-Gwned Minerals in Fiscal Year 2009 from Royalties and Bonuses Received and
Adopt Appropriation Ordinance
RECaMMENDATIaN:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Airports Gas Lease Project Fund by $81,285.28; Aviation Endowment Fund by $81,285.28; TPW Gas
Wells Revenue Fund by $47,524.81; Park Gas Lease Project Fund by $20,593.56; Park System
Endowment Fund by $47,404.51; Golf Capital Project Fund by $7,280.88; Water & Sewer Capital Projects
Fund by $4,245.41 and Water & Sewer Endowment Fund by $1,189.21; and
2. Authorize the transfer of $302,809.00, as detailed below, to the General Fund to cover administrative
costs of mineral leasing associated with City-owned properties.
DISCUSSIaN:
Cn October 1, 2008, ~M&C G-16309 Council adopted Financial Management Policy Statements for Fiscal
Year 2009. These policies included a provision to allow the periodic transfer of gas lease revenues to the
General Fund to offset budgeted administrative costs in the Planning and Development Department and in
the Financial Management Services Department for the leasing program. Further, the allocation of the
costs among the funds was intended to be proportional to the revenue collected in all funds, including the
permanent funds for that reporting period.
REFERENCE NO.: G-16744
In Fiscal Year 2009, staff leased 79 properties covering approximately 345 acres and managed the
deposit and allocation of more than $19,557,232.00 in bonuses and royalties. The calculated cost of the
staff and overhead expense associated with these activities is $302,809.00 and should be allocated
among the various gas lease funds as follows:
P240-551929990100
T125-055125099901
C223-201929990200
Aviation
Aviation
TPU`I $15M
$87,285.28
$87,285.28
$47, 524.81
C282-801929990100
T122-080122099901
Community
Services
Parks and
Community
Services
$11,213.00
$38,023.95
Logname: ~bGAS OPERATING EXPENSE Page 1 of 3
Parks and
Community
C282-801929990300 Services $9,380.56
Parks and
Community
T122-080192003311 Services $9,380.56
P243-801929990100 PALS-Golf $7,280.88
P245-601149990204 Lake Worth $677.59
P245-601149990100 WaterlSewer $2,318.55
P245-601149990300 WaterlSewer $1,189.21
T124-060124099901 WaterlSewer 1 189.21
$3D2,8o9.00
FISCAL INFaRMATIaN 1 CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations
and the adoption of the attached appropriation ordinance, funds will be available in the current operating
budget, as appropriated, of the General Fund.
FUND CENTERS:
To FundlAccountlCenters
~P240 446200 551929990100
1)P240 538070 551929990100
T125 446200 055125099901
T125 538070 055125099901
1)C223 446200 201929990200
1) C223 538070 201929990200
~C282 446200 801929990100
1)C282 538070 801929990100
1)T122 446200 080122099901
~T122 538070 080122099901
1)C282 446200 801929990300
1)C282 538070 801929990300
1)T122 446200_080192003371
1 T122 538070 080192003371
1~_P243 446200 801929990100
1~P243 _538070.801929990100
1~ P245__446200__601149990200
1 JP_245 _538070. 601149_990.200
1)P245 446200 601149990100
1~_P245 538070.601149990100
1)P245_446200 601.1.49990300
1)P245 538070 601149990300
1)T124 538070 060124099901
Logname: 4bGAS aPERATING EXPENSE
FRAM FundlAccoun#ICenters
87 285.28 2 P240 538070 551929990100 87 285.28
87 285.28 2 } T125 538070 45512509990 87 285.28
_ 87 285.28 2~} _C223 538~1~ 201929994200 47 524.81
87 285.28 2 C282 538070 801929990100 11 213.00
47 524.81 2~ _T122 _538070 08122099901 38 023.95
47 524.81 2~ C282 538070 80192999300 9 380.56
11 213.00 2 T122 538070 080192043371 9 380.56
11 213.00 2 P243 538070 801929990100 7 280.88
38 023.95 2~ P245 538074 601149990200 .677.59
38 023.95 2 P245 538070 601149990100 2 378,55
9 380.56 2 P245 538070 601149990300 1 189.27
9 380.56 2} T124 538070 060124099901 1 189.27
9 380.56
9 380.56
7 280.88
~7128o.8s
X677,5.9
$677.59
$2,378.55
$2,378.55
$1,189.27
$1,189.27
$1,189.27
Page 2 of 3
1~T124 446204 060124099941 X189.21
2 GG01 412244 0062044 81285.28
Z~GG01 472125 0062044 81285.28
2~ GG01 412223 .0062040. X47,524.81
2 GG01 412282 0062040 11 213.00
Z~GG01 472122 0062044 38 023.95
2) GG01 472282 0062040 9 380.56
2 GG01 412122 4062040 9 380.56
2_) GG01 412243 0062440 l 280.88
2~ GG01 472245 0062040 611.59
2~ GG01 472245 0062040 2 378.55
2~GG01 472245 0062040 1 189.21
2} GG01 472124 0062040 1 189.27
CERTIFICATIONS:
Submitted for City Manager's office bv :
originating Department Head:
Additional Information Contact:
Fernando Costa (6122)
Susan Alanis (8180)
Jean Petr (8367)
Logname: 06GAS OPERATING EXPENSE Page 3 of 3