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HomeMy WebLinkAboutOrdinance 14519~; ,` Ordinance No. /C/~/ AN ORDINANCE DECREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE MUNICIPAL GOLF FUND IN THE AMOUNT OF $335,421 AND INCREASING ESTIMATED REVENUES IN THE AMOUNT OF $596,132 IN FISCAL YEAR 2000-01 DUE TO DELAY IN THE REOPENING OF THE PECAN VALLEY GOLF COURSE AND CONSTRUCTION AT THE MEADOWBROOK GOLF COURSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR 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 the Fiscal Year 2000-01 and in the Budget of the City Manager, there shall also be a decrease in the estimated receipts and appropriations in the Municipal Golf Fund in the amount of $335,421 and increasing estimated revenues in the amount of $596,132 due to the delay m the reopening of the Pecan Valley Golf Course and the construction at the Meadowbrook Golf Course SECTION 2. 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 m 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. 14286 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 appropriattons, in which instance said conflicttng provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4 This ordinance shall take effect and be in full force after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY Ali ,p~t~,Ut_~~ Assistant ity ttorn'eny , ~~"/~f V v Date /" ~~ Adopted r- -~ 2 ~~?-~~~~ Effective ~. GOLF OPERATIONS REVISED BUDGET ADOPTED BUDGET REVISED BUDGET NET APPROPRIATIONS 2000-01 REQUEST CHANGES ADMINISTRATION 0804005 $ 784,936 00 $ 780,026 00 $ (4,910 00) NON DEPARTMENTA L 0804090 674,117 00 574,780 00 (99,337 00) PECAN VLY MAINT 0804110 852,472.00 732,834 00 (119,638 00) PECAN VLY PRO 0804120 412,491 00 400,636 00 (11,855 00} ZBOAZ MAINT 0804210 501,180 00 464,561 00 (36,619 00) ZBOAZ PRO 0804220 313,663 00 307,717 00 (5,946 00} ZBOAZ SNK 0804230 46,870 00 42,716 00 (4,154 00) MEADOWBROOK MAINT 0804310 470,692.00 452,227 00 (18,465 00) MEADOWBROOK PRO 0804320 261,335 00 342,733 00 81,398.00 ROCKWOOD MAINT 0804410 586,330 00 526,624 00 (59,706 00) ROCKWOOD PRO 0804420 349,035 00 341,709 00 (7,326 00) SYCAMORE MAINT 0804510 306,190 00 262,102.00 (44,088 00} SYCAMORE PRO 0804520 208,618 00 203,843 00 (4,775 00) ~ - - __.., _ _ _ DIVISION TOTAL ' ,_ _ _ . _. _ _ _ _ . ~ _ _ _ $ 5,767,929.00 _ - m ~,. u _ $ 5,432,508.(1:0 _ ~ ~. 335,421.00 ADOPTED BUDGET REVISED BUDGET NET REVENUES 2000-01 REQUEST CHANGES ADMINISTRATION $ 156,800 00 $ 156,800 00 $ - PECAN VALLEY 2,007,122.00 1,405,215 00 (601,907 00) ZBOAZ 744,983 00 803,500 00 58,517 00 ZBOAZ SNACK 78,780 00 85,438 00 6,658 00 MEADOWBROOK 231,611 00 1,344,835 00 1,113,224 00 ROCKWOOD 1,060,201 00 1,126,228 00 66,027 00 SYCAMORE 402,327 00 355,940 00 (46,387 00) DIVISION TOTAL $ 4,681,824.00 $ 5,277,956.00 $ 596,132.00 GOLF OPERATIONS REVISED BUDGET ADOPTED BUDGET REVISED BUDGET NET APPROPRIATIONS 2000-01 REQUEST CHANGES ADMINISTRATION $ 784,936 00 $ 780,026.00 $ (4,910 00) NON DEPARTMENTAL 674,117 00 574,780 00 (99,337 00) PECAN VALLEY GOLF 1,264,963 00 1,133,470 00 (131,493.00) ZBOAZ GOLF 861,713 00 814,994 00 (46,719 00) MEADOWBROOK GOLF 732,027 00 794,960 00 62,933.00 ROCKWOOD GOLF 935,365 00 868,333.00 (67,032.00) SYCAMORE GOLF 514,808 00 465,945 00 (48,863.00) ~DtVISION TOTAL $ 5,767,929.00 $ 5,432,508.00 $ (335,421.00) ADOPTED BUDGET REVISED BUDGET NET REVENUES 2000-01 REQUEST CHANGES ADMINISTRATION $ 156,800 00 $ 156,800 00 $ - PECAN VALLEY 2,007,122.00 1,405;215 00 (601,907 00) ZBOAZ GOLF 744,983 00 803,500 00 58,517 00 ZBOAZ SNACK 78,780 00 85,438 00 6,658 00 MEADOWBROOK GOLF 231,611 00 1,344,835 00 1,113,224 00 ROCKWOOD GOLF 1,060,201 00 1,126,228 00 66,027 00 SYCAMORE GOLF 402,327 00 355,940 00 (46,387 00) ,DIVISION TOTAL ~ __ -__ $ 4,68,824.00 $ 5,277,956.OD $ ~ 596,132.D0 City of Fort Worth, Texas M,?A~ae and Council Commun~cArion DATE REFERENCE NUMBER LOG NAME PAGE 1/2/01 G-13'118 80REVISE 1 oi~ 2 SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATION TO FUND GOLF OPERATIONS RECOMMENDATION ~~ It is recommended that the City Council adopt the attached supplemental appropriation ordinance decreasing appropriations by $335,421 and increasing estimated revenues by $596,132 in the current fiscal year's budget of the Municipal Golf Course Fund DISCUSSION On September 12, 2000, the City Council adopted the FY2000-2001 budget for the Golf Enterpri:>e Fund The annual budget adopted in September reduced both expenditures and revenues at Meadowbrook Golf Course, based on the anticipated closure for renovation in October 2000 In addition, anticipated revenues from Pecan Valley Golf Course, projected to open in October 2000, will not be realized because the reopening was delayed to July 2001 An Informal Report was sent to the City Council on August 22, 2000 (I R. 8268), and staff briefed the City Council on this issue during the September 5, 2000 Pre-Council worksession Due to the delay in reopening of the Pecan Valley "River" course and the corresponding delay in construction of the Meadowbrook Golf Course, the annual budget for the Golf Fund had to be revised Staff has revised the operating budget to reflect the anticipated expenditures and revenues based on the current conditions The following is an outline of revised expenditures and revenues• Adopted Budget Revenues Expenditures $4, 681, 824 $5,767,929 Use of Fund Balance ($1,086,105) Proposed Revised Budget $5,277,956 $5,432,488 ($ 154,532) Change $596,132 <$335,421 > This supplemental appropriation will redistribute funds throughout the various accounts and centers in the Golf Fund to allow more efficient operation and accounting of both expenditures and revenues. < $. I...rL~j c~. t~t,pa~'3~.l~~„' ~; s ; ~ City of Fort Worth, Texas ~11~A~ar And Council CamirtunicAtian DATE 1/2101 REFERENCE NUMBER G-13118 LOG NAME 80REVISE PAGE 2 of 2 SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATION TO FUND GOLF OPERATIONS FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon Budget will be revised as outlined LW k approval of the recommendation, the Golf Fund's Revised Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) Libby Watson 6183 IQ~E~ Originating Department Head: Cj~ ~~~j~~,. Richard Zavala 5704 (from) (<~B 2~ Zd~f Additional Information Contact: ~p,~, ~~,.,~~ """ " "` F ~ w ~~~ Richard Zavala 5704 a ct orth ~esst o t i,."ii7 Adopted Ordinance Na, yS~q