HomeMy WebLinkAboutOrdinance 21924-09-2015 ORDINANCE NO. 21924-09-2015
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
FOLLOWING FUNDS AND AMOUNTS, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF
FACILITATING CLOSURE OF THE CITY'S LEGACY CAPITAL FUNDS: $195,356.70 IN THE
GENERAL CAPITAL PROJECTS FUND; $32,003.19 IN THE SPECIAL DONATIONS CAPITAL
PROJECTS FUND; $48,822.00 IN THE CONTRIBUTIONS FUND; $543,396.39 IN THE CULTURE
AND TOURISM CAPITAL PROJECTS FUND; $9,277.26 IN THE ITS CAPITAL PROJECTS FUND;
$115,206.79 IN THE 1998 STREET IMPROVEMENTS FUND; $85.44 IN THE NEW DEVELOPMENT
FUND; $3,751,397.85 IN THE SEWER CAPITAL PROJECTS FUND; $7,241,278.13 IN THE WATER
CAPITAL PROJECTS FUND (P253); $4,203,085.66 IN THE WATER CAPITAL PROJECTS FUND
(P265); $6,132.48 IN THE VEHICLE AND EQUIPMENT REPLACEMENT FUND; AND $773,391.14
IN THE STREET IMPROVEMENTS FUND; PROVIDING FOR A SEVERABILITY CLAUSE;
KING 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 2014-2015 in the Budget of the
City Manager, there shall also be increased estimated receipts and appropriations in the following Funds and amounts, from
available funds, for the purpose of facilitating closure of the City's legacy capital funds: $195,356.70 in the General Capital
Projects Fund; $32,003.19 in the Special Donations Capital Projects Fund; $48,822.00 in the Contributions Fund;
$543,396.39 in the Culture and Tourism Capital Projects Fund; $9,277.26 in the ITS Capital Projects Fund; $115,206.79 in
the 1998 Street Improvements Fund; $85.44 in the New Development Fund; $3,751,397.85 in the Sewer Capital Projects
Fund; $7,241,278.13 in the Water Capital Projects Fund (P253); $4,203,085.66 in the Water Capital Projects Fund (P265);
$6,132.48 in the Vehicle and Equipment Replacement Fund; and $773,391.14 in the Street Improvements Fund.
SECTION 2.
That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason
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. 21457-09-2014 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
here expressly repealed.
SECTION 4.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORM AND LEGALITY: ATTEST:
�,
Del 's ,. Me oy, Sr. Assistant City Attorney ary f. s ity`p etary
AD PTED AND EFFECTIVE: September 29,2015
Ordinance No.21924-09-2015
Page 1 of 1
City of Fort Worth., Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/29/2015 - Ordinance No. 21924-09-2015, 21925-09-2016
& 21926-09-2015
DATE: Tuesday, September 29, 2015 REFERENCE NO.: G-18575
LOG NAME: 13LEGACYFUND CLOSEOUT
SUBJECT:
Ratify Multiple Transfers Among Identified Funds to Allow Close-out of Legacy Capital Improvement Funds
and to Align Appropriations with Prior Years' Expenditures and Adopt Appropriation Ordinances (ALL
COUNCIL DISTRICTS)
RECOMMENDATION:
It is recommended that the City Council take the following actions to facilitate the close-out of the City's
Legacy Capital Funds:
1. Ratify the following transfers to new capital funds: $50,242.92 from the Fire Services Fund (Cl 32) to
the General Capital Projects Fund (C301); $32,003.19 from the Park Improvements Fund (C188) to the
Special Donations Capital Projects Fund (C212); $48,822.00 from the Park Improvements Fund (C188) to
the Contributions Fund (C21 1); $543,396.39 from the Public Events Fund (Cl 92) to the Culture and
Tourism Capital Projects Fund (C302); $9,277.26 from the Information Systems Capital Projects Fund
(C196) to the ITS Capital Projects Fund (C312); $115,606.79 from the 1963 Street Improvements Fund
( C1 ) to the 1998 Street Improvements Fund (C11 ); $145,113.78 from the Golf Capital Projects Fund
(GC16) to the General Capital Projects Fund (C301); $85.44 from the Street Light and Signal
Improvement Fund (GS89) to the New Development Fund (GS90); $3,751,397.85 from the Commercial
Paper Sewer Fund (PS46) to the Sewer Capital Projects Fund (P258); $4,554,366.51 from the Sewer
Capital Project Fund (PS58) to the Water Capital Projects Fund (P253); $2,686,911.62 from the Water
Capital Project Fund (PW53) to the Water Capital Projects Fund (P253); $4,203,085.66 from the
Commercial Paper-Water Fund (PW77) to the Water Capital Projects Fund (P265); $6,132.48 from Public
Safety Improvements Fund (GC07) to the Vehicle and Equipment Replacement Fund (C300); and
$773,391.14 from Contract Street Maintenance Fund (GS93) to Street Improvements Fund (GS29);
2. Adopt the attached ordinance increasing estimated receipts and appropriations from available funds in
the following Funds and amounts: $195,356.70 in the General Capital Projects Fund (C301); $32,003.19
in the Special Donations Capital Projects Fund (C212); $48,822.00 in the Contributions Fund (C211);
$543,396.39 in the Culture and Tourism Capital Projects Fund (C302); $9,277.26 in the ITS Capital
Projects Fund (C312); $115,206.79 in the 1998 Street Improvements Fund ( 1 1 ); $85.44 in the New
Development Fund (GS90); $3,751,397.85 in the Sewer Capital Projects Fund (P258); $7,241,278.13 in
the Water Capital Projects Fund (P253); $4,203,085.66 in the Water Capital Projects Fund (P265);
$6,132.48 in the Vehicle and Equipment Replacement Fund (C300); and $773,391.14 Street
Improvements Fund (GS29);
3. Ratify the following transfers to the General Debt Service Fund: $354,788.55 from the 1993 Street
Improvements Fund ( 1 11); $70,538.95 from the 1993 New Development Fund (C11 ); $82,147.40 from
SH121T Southwest Parkway Fund (C121); $0.01 from Fire Services and (C132); $6,279.04 from Parks
and Community Services Fund (C181); $3,033.00 from New Equipment Purchases Fund (G193);
$3,521.22 from the 1986 Parks & Recreation Improvements Fund (GC05); $267.07 from the Parks &
Lo c: 13LEGACYFIJND CLOSEOUT Page I of 3
Recreation Improvements Capital Fund (GC23); $5,297.37 from 1982 Parks & Recreation Improvements
and (GC36),- $202,258.63 from Transportation Improvements Capital Fund (GC22); $24,62772 from
1986 Street Improvement Fund (GS67); $1,664.44 from Street Light & Signal Improvement Fund (GS89);
$391,521.32 from the Contract Street Maintenance Fund (GS93);
4. Adopt the attached ordinance increasing estimated receipts and appropriations in the General Debt
Service Fund in the amount of$1,145,944.72 from available funds;
5. Ratify the following transfers of appropriations to align appropriations with the Funds from is
expenditures were made; $212.68 from the General Fund (GG01) to the Airports Gas Lease Projects
and (P240); $2,613.00 from the Street Improvements Fund (0200) to the General Fund (GG01); $314.50
from the Street Improvements 2008 Fund (0204) to the 2007 Critical Capital Projects Fund (C295);
$5,,000.00 from the Park Improvements Fund (C280) to the Park Gas Well Leases Fund (C282); and
$7,000.00 from the Park Dedication Fees Fund (C281) to the Park Gas Well Leases Fund (C282); and
6. Adopt the attached ordiinance adjusting estimated receipts and appropriations In the following Funds
and amounts to align appropriations with the Funds from which expenditures were made- increasing
ng
appropriations from available funds by $212.68 in the Airports Gas Lease Projects Fund (P240);
$2,613.00 in the General Fund (GG01); $314.50 in the 2007 Critical Capital Projects Fund (C295);
$12,000.00 in the Park Gas Well Leases Fund (C282); $4,680.00 in the Sewer Capital Projects Fund
(P258); $0.60 in the New Development, Fund (C202); $897.30 in the Transportation and Publlic Works
Community Facilities Agreement Fund (C205); and decreasing estimated appropriations in the Specially
Funded Capital Projects Fund (C291) by $11,849.19.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is tot a number of actions in order to
zero-out Legacy Capital Funds so that they can be closed. The actions include transferring some receipts
and appropriations into the new capital project funds, moving some residual dollars to debt service, and
transferring some appropriations among funds so that appropriations are aligned with past-years'
expenditures.
The Financial Management Services Department has been working with the Enterprise Resource
Planning (ERP) to to conduct a comprehensive review of Legacy Capital Funds and provide
recommendations for closure. The goal has been to verify and "clean up" data in all of the of funds in
order to close funds that are no longer needed so that the City's financial records are in the best possible
condition when ERP 11 goes live.
Those funds that have active projects or that were earmarked for projects, but were unspent are
recommended for-transfer ton capital funds for use. For funds that contain residual balances following
completion of all projects, to recommends the residual amounts be transferred to debt service.
There was also a collaborative effort with the Budget Office and the Accounting to to identify and
correctly align prior year appropriations to the funds from which expenditures were made. Attached t o t his
M&C is an all-inclusive list showing all transfers of appropriations made in order to align with past years'
expenditures.
Enhanced budgetary and expenditure controls it into the ERP software are designed to prohibit
expenditures that exceed appropriations and are expected to prevent this type of situation from occurring
again in the future.
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations
Lo name: 13LEGACYFUND C110SEOUT Page 2 of 3
and adoption of the attached appropriation ordinances, funds will be available in the current capital
budgets, as appropriated, of the General Capital Projects Fund, Special Donations Capital Projects Fund,
Contributions Fund, Culture and Tourism Capital Projects Fund, ITS Caplital Projects Fund, 1998 Street
Improvements Fund, New Development Fund, Water Capital Projects Fund, Airports Gas Lease Projects
Fund, General Fund, 2007 Critical Capital Projects Fund, Park Gas Well Leases, Sewer Capital Projects
Fund, New Development Fund, Transportation and Public Works Community Facilities Agreement Fund,
Grants Fund, CD Revolving Loan Fund, Rental Rehabilitation Program Fund, and Special Trust Fund.
FUND CENTERS:
TO Fund/Account/Centers FROM Fund/Accoun'V'Centers
CERTIFICATIONS:
Submitted for City Manager's Office by: Susan Alanis (8180)
Originating Department Head: Aaron Bovos (8517)
Additional Information Contact: Judy Walton (83 34)
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