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HomeMy WebLinkAboutPO 7253: FY23-24 BUDGET AMENDMENT NO. 8 0„ ,.„;„lam` www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: June 10, 2024 To: The Honorable Mayor and City Council Through: Ronald Burton, CPM, City Manager From: Lynda"Lyn"Boswell, M.A., ICMA-CM, Finance Director RE: P.O. 7253 —FY23-24 Budget Amendment No. 8 Introduction: A budget amendment is requested to increase appropriations in the Health Grant Fund by $202,609 caused by an increase in grant award, and in the General Fund to have matching available for application for a grant in the amount of$375,000. Background: The FY 23-24 budget was approved on August 29, 2023 by Ordinance No. 23-47. Budget Amendment 1 passed on October 24, 2023 as Ordinance No. 23-47. Budget Amendment 2 passed on January 30, 2024 as Ordinance No. 24-05. Budget Amendment 3 passed on February 13, 2024 as Ordinance No. 24-06. Budget Amendment 4 passed on February 27, 2024 as Ordinance No. 24-07. Budget Amendment 5 passed on March 5, 2024 as Ordinance No. 24-08. Budget Amendment 6 passed on April 9, 2024 as Ordinance No. 24-16 Budget Amendment 7 passed on April 23, 2024 as Ordinance No. 24-18 Budget Impact: Increased appropriations in the Health Grants Fund by$202,609 and General Fund by $375,000. Recommendation: It is recommended that the City Council approve Proposed Ordinance 7253 to amend the budget as discussed/outlined above. "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. 7253 6/24/2024 LB Page 1 of 4 ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE CITY OF PORT ARTHUR BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023 AND ENDING SEPTEMBER 30, 2024, INCREASING THE GENERAL FUND BY $375,000, AND THE HEALTH FUND BY $202,609. WHEREAS, in accordance with Article XII, Section 2, of the City Charter, the Director of Finance ensures that budget appropriations are not exceeded; and WHEREAS, the City Council may make budget amendments for municipal purposes under Section 102.010 under the Texas Local Government Code; and WHEREAS,on August 29,2023,the City Council approved and adopted Ordinance 23-34,which appropriated the 2023-2024 budget; and WHEREAS, on October 24, 2023, the City Council approved and adopted Ordinance 23-47, which amended the appropriation of the 2023-2024 budget; and WHEREAS, on January 30, 2024, the City Council approved and adopted Ordinance 24-05, which amended the appropriation of the 2023-2024 budget; and WHEREAS, on February 13, 2024, the City Council approved and adopted Ordinance 24-06, which amended the appropriation of the 2023-2024 budget; and WHEREAS, on February 27, 2024, the City Council approved and adopted Ordinance 24-07, which amended the appropriation of the 2023-2024 budget; and WHEREAS, on March 5, 2024, the City Council approved and adopted Ordinance 24-08, which amended the appropriation of the 2023-2024 budget; and WHEREAS, on April 9, 2024, the City Council approved and adopted Ordinance 24-16, which amended the appropriation of the 2023-2024 budget; and P. O. 7253 6/24/2024 LB Page 2 of 4 WHEREAS,on April 23,2024,the City Council approved and adopted Ordinance 24-18,which amended the appropriation of the 2023-2024 budget; and WHEREAS, the City Council has approved a Health Grant Fund resolution in 2020 (a five year contract) for revenue which does not require budget amendments; and WHEREAS,the City Council has approved a resolution for a match that needs to be available for a grant application; and WHEREAS,the fund balance has the available funds for the FY 2023-2024 budget; and WHEREAS,the attachment in Exhibit A defines the increased expenditures due to a revised grant that was adopted but not appropriated for FY 2023-24, and an application for a new grant which requires an available match. 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 Fund's Budget be increased as shown: Fund Description Fund Amount General Fund 001 $375,000 Health Grants Fund 101 $202,609 Section 3. That Section 4 of Ordinance 23-34 is amended to read: That there be and is hereby appropriated the sum of Ninetey Million,Five Hundred Seventy Eight Thousand, One Hundred Fifty One Dollars ($90,578,151) for the General Fund; One Million, Seven Hundred Two Thousand, Six Hundred Nine Dollars ($1,702,609) for the Health Grants Fund. P. O. 7253 6/24/2024 LB Page 3 of 4 Original 5th Amended 7th Amended Amended Eighth Budget Appropriation Appropriation Budget No. 8 Amended Appropriation General Fund 85,614,452 89,512,176 90,203,151 _ 375,000 90,578,151 Health Grant Fund - 1,500,000 - 202,609 1,702,609 Total _ 577,609 92,280,760 Section 4. That a copy of the caption of this Ordinance be spread upon the minutes of the City Council. Section 5. That this Ordinance shall be effective immediately. READ,ADOPTED,AND APPROVED, this 2nd day of July,2024, AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: Ayes: Mayor Councilmembers: NOES: P. O. 7253 6/24/2024 LB Page 4 of 4 Thurman Bill Bartie Mayor ATTEST: Sherri Bellard, TMRC City Secretary APPROVED AS TO FORM: 1 James B ack Inter pity Attorney APPROVE : ' ISTRATION: f#16*- Ronald Burtoni' City Manager Lyn "Lyn" Boswell, M.A., ICMA-CM Director of Finance Exhibit "A" T.L 0- a) L -6 L a) U > RI C a) }+ L C QJ cp .a L OD 0 3 w aU c C o c • C LL C c0 a cU C ,U O N O. 'O a7 O. "0 ▪ Q Q O a, E a, °D z ("CI a -c Q � LL s O o O x O O O Lu O ai a1 y O l0 LO f6 Lei' N al N O N m N Lfl C C 0 E Q to to tn. U- LL -c N+ C C = c6 LL - CO L- L -c +-+ C C co a1 aJ LL (,7 a7 lD m a)Ltj M O CU N CD CC Cl CC a z Exhibit A Page 2 Original 5th Amended 7th Amended Amended Budget Eighth Amended Budget Appropriation Appropriation No. 8 Appropriation General Fund 85,614,452 89,512,176 90,203,151 375,000 90,578,151 Health Grant Fund - 1,500,000 - 202,609 1,702,609 Total 577,609 92,280,760