HomeMy WebLinkAboutOrdinance 21925-09-2015 ORDINANCE NO. 21925-09-2015
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE GENERAL DEBT SERVICE FUND IN THE AMOUNT OF $1,145,944.72, FROM
AVAILABLE FUNDS; 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 2014-2015 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the General
Debt Service Fund in the amount of$1,145,944.72, from available funds.
SECTION 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.
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ordinances and appropriations are hereby expressly repealed.
SECTION 4.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORM AND LEGALITY: ATTEST
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Denis C. elslro r. Assistant City Attorney ary - r, C', Secretary
ADOPTED AND EFFECTIVE: September 29, 2015
Ordinance No. 21925-09-2015
Page l of 1
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/29/2015 - Ordinance No. 21924-09-2015, 2192509-2015
& 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:
I t 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 (C132) to
the General Capital Projects and (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 (C211), $543,396,39 from the Public Events Fund (C192) to the Culture and
Tourism Capital Projects Fund (0302); $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
(GC1 3) to the 1998 Street Improvements Fund (C115); $145,113.78 from the Golf Capital Projects and
(GC16) t o t he General Capital Projects Fund (C30,1)- $85,44 from the Street Light and Signal
Improvement Fund (GS89) tote 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) tote 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
$773,39114 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 Specials Donations Capital Projects Fund (C212), $48,822.00 in the Contributions and (C21 1);
$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 (C115); $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)-1
3. Ratify the following transfers to the General Debt Service Fund: $354,788.55 from the 1993 Street
Improvements Fund (C111); $70,538.95 from the 1993 New Development Fund (Cl 13); $82,147.40 from
SH121T Southwest Parkway Fund (C121); $0.01 from Fire Services and (0132); $6,279.04 from Parks
and Community Services Fund (Cl 81); $3,033.00 from New Equipment Purchases Fund (G1 93);
$3,521.22 from the 1986 Parks & Recreation Improvements Fund (GC05)-1 $267.07 from the Parks &
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Recreation Improvements Capital Fund (GC23); $5,297.37 from 1982 Parks & Recreation Improvements
Fund (GC36),, $202,258.63 from Transportation Improvements Capital Fund (GC22); $24,627,72 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 which
expenditures were made. $212.68 from the General Fund (GG01) t o t he Airports Gas I-ease Projects
Fund (P240); $2,613.00 from the Street Improvements Fund (C200) to the General Fund (GG01); $314.50
from the Street Improvements 2008 Fund (C204) to the 2007 Critical Capital Projects Fund (C295)-,
$5,000.00 from the Park Improvements Fund (C280) tote Park Gas Well Leases Fund (C282)," and
$7,000.00 from the Park Dedication Fees Fund (C281) to the Park as Well Leases Fund (C282); and
6. Adopt the attached ordinance adjusting estimated receipts and appropriations in the following Funds
and amounts to align appropriations with the Funds from which expenditures were made- increasing
appropriations from available funds by $212.68 in the Airports Gas Lease Projects and (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)-1 $0.60 in the New Development and (C202),,, $897.30 in the Transportation and Public Works
Community Facilities Agreement and (C205); and decreasing estimated appropriations in the Specially
Funded Capital Projects Fund (C291) by $11,849.19.
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DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to to 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 (E P) team 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 old 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 to new capital funds for use. For funds that contain residual balances following
completion of all projects, Staff recommends the residual arnounts 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 t o t he 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 built 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.
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FISCAL INFORMATION CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations
1,ognarne: 131,13GYACYFUND C1,10SEOU'1 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 Capital 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/Account/Centers
.............."',............................... ........................... ..........
CERTIFICATIONS:
Submitted for City Manager's Officqjoy. Susan Alanis (8180)
Originating Department Head. Aaron Bovos (8517),
Additional Information Contact: Judy Walton (8334)
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