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HomeMy WebLinkAboutPO 7056: FYI-22 BUDGET AMENDMENT NUMBER 3 City of cz= ort mbar caS www.Po rtA rt h u rTx.gov INTEROFFICE MEMORANDUM Date: April 28. 2022 To: The Honorable Mayor and City Council Through: Ron Burton, City Manager From: Kandy Daniel, Interim Finance Director RE: P.O. 7056—FY21-22 Budget Amendment Number 3 Introduction: A budget amendment is requested to increase appropriations in the Capital Reserve Fund by $465,000 and the Capital Budget by $101,836. $465,000 was received in insurance proceeds for a damaged compactor (unit #1636) and deposited in the Capital Reserve Fund. The replacement cost of the compactor was $776,000. It is requested that the budget be increased to include the proceeds received which will provide sufficient funds to cover the additional cost. There will be no effect on fund balance. $101,836 is requested to increase the appropriations in the ARPA Grant Fund and allocate the amount to the revenue loss category to be used for government services. The actual amount of the grant awarded to the City was $26,731,836 and only $26,630,000 had been previously budgeted. Background: The FY 21-22 budget was approved on September 14, 2021. This is the third amendment requested for this budget year. Budget Impact: The above requests will increase the appropriation in the Capital Reserve Fund by $465,000 with no effect on the ending fund balance and increase the appropriation in the Capital Budget by $101,836. Recommendation: The attached Proposed Ordinance No.7056 amends the budget to provide sufficient funding in the Capital Reserve Fund and the Capital Budget 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 City of Port Arthur Budget FY 2021-2022 Original Bud 1 2 3 9/14/2021 2/1/2022 2/15/2022 5/10/2022 Total Amended Ord#21-64 Ord#22-08 Ord#22-12 Amendments Budget General Fund Administration 2,123,103 50,000 50,000 2,173,103 City Secretary 2,158,799 - 2,158,799 City Attorney 1,629,618 - 1,629,618 Finance 2,703,328 - 2,703,328 Information Technolog 2,182,033 - 2,182,033 Human Resources 854,416 - 854,416 Development Svcs 5,630,779 - 5,630,779 Civic Center 1,185,147 50,000 50,000 1,235,147 Police 20,500,532 - 20,500,532 Fire 14,923,782 - 14,923,782 Public Works 11,112,868 - 11,112,868 Health 1,714,393 66,000 66,000 1,780,393 Parks&Rec 3,932,305 - 3,932,305 Library 1,453,943 - 1,453,943 Transfers 12,618,500 16,392 16,392 12,634,892 Total General Fund 84,723,546 16,392 166,000 - 182,392 84,905,938 Debt Service 11,532,530 - 11,532,530 Water 30,579,217 - 30,579,217 Solid Waste 10,472,716 - 10,472,716 Pleasure Island 1,042,246 - 1,042,246 Capital Reserve 4,671,635 465,000 465,000 5,136,635 Hospitalization 11,066,213 - 11,066,213 Worker's Comp 670,000 - 670,000 Employee Benefits 1,141,000 - 1,141,000 General Liability 2,850,000 - 2,850,000 Capital Improvement 53,252,059 - - 101,836 101,836 53,353,895 Transit 2,926,844 - 2,926,844 HOT 2,909,948 - 2,909,948 Library Special 35,000 - 35,000 Police Special 131,000 - 131,000 Traffic Enforcement 27,100 - 27,100 Golf Course 100,000 - 100,000 Muncipal Court Technolol 25,000 - 25,000 EDC Street Maintenance - - - TIRZ 75,000 - 75,000 Gaming Fund 631,500 - 631,500 EDC (ord#21-65) 8,074,488 - 8,074,488 Total All Funds 226,937,042 16,392 166,000 566,836 749,228 227,686,270 218,862,554 * CIP Streets 13,500,000 - 13,500,000 Drainage 276,200 - 276,200 Gen Imp 8,303,000 - 8,303,000 Downtown 75,000 - 75,000 Transit Capital 2,967,859 - 2,967,859 Water Impr 1,500,000 - 1,500,000 Pleasure Island Imp - - - ARP Improvements 26,630,000 ' 101,836 101,836 26,731,836 EDC Imp - - 53,252,059 - - 101,836 101,836 53,353,895 53,252,059 P. O. NO. 7056 KD 4/28/22 ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE CITY OF PORT ARTHUR BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,2021 AND ENDING SEPTEMBER 30, 2022 BY INCREASING THE CAPITAL RESERVE FUND BY $465,000 AND INCREASING THE CAPITAL BUDGET BY $101,836. 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 14, 2021, the City Council approved and adopted Ordinance 21-64 which appropriated the 2021-2022 budget: and WHEREAS,on February 1,2022,the City Council approved and adopted Ordinance 22-08 which amended ordinance 21-64; WHEREAS, on February 15, 2022, the City Council approved and adopted Ordinance 22-12 which amended ordinance 22-08; 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 as shown: Capital Reserve Fund $465,000 Capital Budget 101,836 Section 3. That Section 9 of Ordinance 21-64 is amended to read: That there be and is hereby appropriated the sum of Five Million, One Hundred Thirty-Six Thousand, Six Hundred Thirty-Five Dollars ($5,136,635)to the Capital Reserve Fund for the purchase of capital equipment. Section 4. That Section 14 of Ordinance 21-64 is amended to read: That there be and is hereby appropriated the sum of Fifty-Three Million, Three Hundred Fifty Three Thousand,Eight Hundred Ninety Five Dollars($53,353,895)to the Capital Budget for the payment of improvements to City infrastructure, roads or other capital outlay. Section 5. That a copy of the caption of this Ordinance be spread upon the minutes of the City Council. Section 6. That this Ordinance shall be effective immediately. READ, ADOPTED, AND APPROVED, this day of May, 2022, AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: Ayes: Mayor Councilmembers: NOES: Thurman "Bill" Bartie, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: Valecia Tizen City Atto ey APPROVED FOR ADMINISTRATION: Ron Burton, City Manager Kandy Dania Interim Director of Finance