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HomeMy WebLinkAboutPO 6722: FY17-18 BUDGET AMENDMENT NUMBER 3 - END OF YEAR City of nit rthu 7 www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: September 4,2018 To: The Honorable Mayor and City Council Through: Harvey Robinson, Interim City Manager From: Andrew Vasquez, Finance Director RE: P.O. 6722- FY17-18 Budget Amendment Number 3 —End of Year Introduction: A budget amendment is requested to increase (decrease)the appropriations in various departments in the General Fund which will result in a net change of zero dollars. An increase of$750,000 in Transfers to the Capital Improvement Fund is needed to cover the additional cost of the Development Services Building. This increase is offset by a decrease of $180,000 in the GIS division of Development Services and a $570,000 decrease in salaries and benefits in the police department. An increase of$60,000 is needed to cover unbudgeted benefits in the Finance Department and an increase of$550,000 is needed to cover overtime and unbudgeted benefits in the Fire Department. These increases are offset by decreases of $500,000 in Public Works and $110,000 in the Library. Motiva and Valero made contributions totaling $1,400,000 to allow for the purchase of drainage and pipe bursting equipment for Public Works and Water. These funds were deposited into the Capital Reserve Fund and the purchases were made from this fund. A budget amendment for$1,400,000 is recommended to increase the total appropriation in the Capital Reserve Fund. Bids for the construction contract to renovate the Development Services Building came in higher than anticipated and the budget needs to be increased to a total of$2,650,000 in order to complete this project. This will require the budget to be increased by $750.000. This increase is offset by an increase in Transfers In from the General fund. "Remember,we are here to serve the Citizens of Port Arthur" P.O.Box 1089 X Port Arthur,Texas 77641-1089 X 409.983.8101 X FAX 409.982.6743 City of ort rthu Texas www.PortArthurTx.gov The Debt Service fund requires a budget amendment to increase the appropriation by $455,000 to cover payments on new leases and unbudgeted fiscal charges. The Other Employee Benefits fund requires a budget amendment to increase the appropriation by $700,000 to cover separation pay of retiring employees. Background: The FY 17-18 budget was approved on September 28, 2017. This is the third and final budget amendment requested for this budget year. Budget Impact: The unassigned fund balance will remain unchanged at the end of this fiscal for the General Fund,the Capital Reserve Fund and the Capital Improvement Fund if all other revenues and expenditures come in as budgeted. The Debt Service Fund will be decreased by $455,000 and the Other Employee Benefits fund will be decreased by $700,000. Recommendation: The attached Proposed Ordinance No. 6722 amends the budget to reflect increases (decreases) in the funds/departments shown in Exhibit A and we recommend that the City Council approve it as presented. "Remember,we are here to serve the Citizens of Port Arthur" P.O.Box 1089 X Port Arthur,Texas 77641-1089 X 409.983.8101 X FAX 409.982.6743 P. O. NO. 6722 KD 09.04.18 ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE CITY OF PORT ARTHUR BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,2017 AND ENDING SEPTEMBER 30, 2018 FOR VARIOUS DEPARTMENTS IN THE GENERAL FUND RESULTING IN A NET CHANGE OF ZERO DOLLARS, BY $455,000 FOR THE DEBT SERVICE FUND, BY $1,400,000 FOR THE CAPITAL RESERVE FUND, BY $700,000 FOR THE OTHER EMPLOYEE BENEFITS FUND,AND BY$750,000 FOR THE CAPITAL IMPROVEMENT FUND AS SHOWN IN EXHIBIT A. WHEREAS, in accordance with Article XII, Section 9, of the City Charter, the City Council may make emergency appropriations from time to time; and WHEREAS, the City Council may make budget amendments for emergencies under Section 102.009 and for Municipal purposes under Section 102.010 Local Government Code; and WHEREAS, on September 28, 2017, the City Council approved and adopted Ordinance 17-39 which appropriated the 2017-2018 budget. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the following funds/departments Budget be increased (decreased) as shown: General Fund Finance 60,000 Development Services (180,000) Police (570,000) Fire 550,000 Public Works (500,000) Library (110,000) Transfers Out 750,000 $ 0 Debt Service Fund $455,000 Capital Reserve Fund $1,400,000 Other Employee Benefits Fund $700,000 Capital Improvement Fund $750,000 Section 3. That Section 4 of Ordinance 17-39 is amended to read: That there be and is hereby appropriated the sum of Seventy Three Million, Three Hundred Sixty Four Thousand, Seven Hundred Thirty Six Dollars ($73,364,736)to the General Fund for the payment of the Operating Expenses, and necessary Capital Outlay for the City Government for the following Departments and uses: Amended Inc./(Dec) Amended Budget Appropriation Budget Administration $ 1,949,395 $ 1,949,395 City Secretary 1,493,804 1,493,804 City Attorney 1,008,759 1,008,759 Finance 2,077,395 60,000 2,137,395 Information Technology 1,159,444 1,159,444 Human Resources 846,432 846,432 Development Services 6,358,420 (180,000) 6,178,420 Civic Center 775,121 775,121 Police 19,362,416 (570,000) 18,792,416 Fire 13,137,187 550,000 13,687,187 Public Works 8,372,985 (500,000) 7,872,985 Health 1,393,524 1,393,524 Parks& Recreation 3,611,891 3,611,891 Library 1,267,653 (110,000) 1,157,653 Transfers to Other Funds 10,550,310 750,000 11,300,310 Total $ 73,364,736 $ - $ 73,364,736 Section 4. That Section 5 of Ordinance 17-39 is amended to read: That there be and is hereby appropriated the sum of Nine Million, Seven Hundred Sixty Nine Thousand, Eight Hundred Thirty Dollars ($9,769,830) to the Debt Service Fund for the payment of Principal, Interest and Fiscal Agent Fees necessary to service the City's Long-Term Debt. Section 5. That Section 9 of Ordinance 17-39 is amended to read: That there be and is hereby appropriated the sum of Five Million, One Hundred Nineteen Thousand, Six Hundred Sixty Seven Dollars ($5,119,667) to the Capital Reserve Fund for the purchase of capital equipment. Section 6. That Section 12 of Ordinance 17-39 is amended to read: That there be and is hereby appropriated the sum of One Million, Three Hundred Thirty Six Thousand Dollars ($1,336,000) to the Other Employee Benefits Fund for the payment of Accrued Absences and Other Employee Benefits. Section 7. That Section 14 of Ordinance 17-39 is amended to read: That there be and is hereby appropriated the sum of Seventeen Million,Eight Hundred Thirty One Thousand Five Hundred Dollars ($17,831,500) to the Capital Improvement Fund for the payment of improvements to City infrastructure, roads and other capital outlay. Section 8. The unassigned Fund Balance shall remain unchanged at the end of this fiscal year for the General Fund,the Capital Reserve Fund and the Capital Improvement Fund if all other revenues and expenditures come in as budgeted. The Debt Service Fund will be decreased by $455,000 and the Other Employee Benefits Fund will be decreased by$700,000 as shown in Exhibit A. Section 9. That a copy of the caption of this Ordinance be spread upon the minutes of the City Council. Section 10. That this Ordinance shall be effective immediately. READ, ADOPTED, AND APPROVED, this day of September, 2018, AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: Ayes: Mayor Councilmembers: NOES: Derrick Freeman, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: - n Valecia Tizeno, ity Attorney APPROVED FOR ADMINISTRATION: Harvey Robinson, Interim City Manager Andrew Vasquez, Director of Finance EXHIBIT "A" Q I- - 03 v S a, X Z a -a n LU d _o m �> U c O U u .0 $ w m > a1 V CO c' 0 C L 0 V f • a, v > v c • > nm0 n0 o SU v E -v `° y Ev � V- O 1 0 C a 00 D , C o u � E 19 i N y • c O C L i CU p 00 m _0. •'C CO V C CO u 'O OD U 0- — '7 c N ,F d r6 aJ O c .x 'o m 0 > L a) in 1- C O > m G p 0 u 0a O > c` U w l7 L Y fO C >•• a) C v v �+ L O 0 CO C >' v) IC in O - u ,, c v 'm co ,c o 0 CD Q E °' v .n c co L C O r� �0 p C y a `1 cu C O O 0 a co O. co lc u Y L w m O O O O u V •w C C a .N 4m). 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