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HomeMy WebLinkAboutOrdinance 11539ORDINANCE NO ~~ AN ORDINANCE APPROPRIATING $124,157 'TO THE CULTURE AND TOURISM FUND AND DECREASING THE UNRESERVED, UNDESIGNATED FUND BALANCE BY THE SAME AMOUNT FOR THE PURPOSE OF PROVIDING FOR YEAR END BUDGET ADJUSTMENTS, PROVIDING FOR A SEVERABILITY CLAUSE, 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 1992- 93 and in the Budget of the City Manager, there shall also be increased appropriations in the Culture and Tourism Fund in the amount of $124,157, thereby decreasing the unreserved, undesignated fund balance by the same amount for the purpose of providing for year end budget adjustments. 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 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. 11151 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 and be in full force and effect from and after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY F r C .... ty Date /~ /9~~ Adopte ~d~L~ /,` / l / "j Effective City of Fort Worth, Texas Mayor and Council Communication DATE 04/ 12/94 REFERENCE NUMBER **G10613 LOG NAME 131993 PAGE 1 of 1 svasECT SUPPLEMENTAL APPROPRIATIONS ORDINANCE FOR 1993 YEAR END BUDGET ADJUSTMENTS TO CULTURE AND TOURISM FUND RECOMMENDATION ` It is recommended that the City Council adopt the attached supplemental appropriations ordinance increasing appropriations in fiscal year 1993 in the Culture and Tourism Fund by S 124,157 00 and decreasing the unreserved, undesignated fund balance of the Culture and Tourism Fund by the same amount DISCUSSION A year end audit adjustment to combine overpayments in prior years to the Convention and Visitors Bureau with the balance due for 1993 resulted in an over budget condition at September 30, 1993 This condition was overlooked when M&C G-10570 (Ordinance #11215) was prepared to adjust all General Fund departments' appropriations which were over budget In the City's annual Comprehensive Annual Financial Report, the Culture and Tourism Fund is included in the General Fund activity FISCAL INFORMATIONlCERTIFICATION The Director of Fiscal Services certifies that upon adoption of the attached appropriations ordinance, the Culture and Tourism Fund will have had sufficient appropriations for all expenditures recorded during the fiscal year ended September 30, 1993 After the adoption of this ordinance, the unreserved, undesignated fund balance of the Culture and Tourism Fund will be 543,801 51 as of September 30, 1993. CB I Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) GG04 539120 0241000 $124,157 D Charles $oswell 8500 ~P ( RO1J~o Originating Department Head: CITY C®UNCIL Charles $oswell 8500 (from) ~ph~ ~~ ~•~9~ For Additional Information f~~~t.t./ contact: city C.cr.tsPr of ~w city oz Fort woslky z~ats v =~ Printed on recycled paper