Loading...
HomeMy WebLinkAboutPO 7270: FY23-24 BUDGET AMENDMENT NO. 11 hot nrt rrhrt www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 8/5/2024 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. 7270—FY23-24 Budget Amendment No. 11 Introduction: A budget amendment is requested to increase appropriations in the Capital Fund due to a contract approved and not appropriated in FY24. 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 Amendment 8 passed on July 2, 2024 as Ordinance No. 24-28. Budget Amendment 9 passed on July 16, 2024 as Ordinance No. 24-32. Budget Amendment 10 passed on July 30, 2024 as Ordinance No. 24-37. "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 rt rtlrur f www.PortArthurTx.gov Budget Impact: Increased appropriations in the Capital Fund by $5,454,325. Recommendation: It is recommended that the City Council approve Proposed Ordinance 7270 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. 7270 8/5/2024 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 CAPITAL IMPROVEMENT FUND BY $5,454,325. 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. 7270 8/5/2024 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, on July 2, 2024, the City Council approved and adopted Ordinance 24-28, which amended the appropriation of the 2023-2024 budget; and WHEREAS, on July 16, 2024, the City Council approved and adopted Ordinance 24-32, which amended the appropriation of the 2023-2024 budget; and WHEREAS, on July 30, 2024, the City Council approved and adopted Ordinance 24-37, which amended the appropriation of the 2023-2024 budget; 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 and Exhibit B provides further clarification. 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 Capital Improvement 307 $5,454,325 Section 3. That Section 14 of Ordinance 23-34 is amended to read: That there be and is hereby appropriated the sum of Sixty-Eight Million, Six Hundred Twenty- Five Thousand, Three Hundred Fourteen Dollars ($68,625,314) to the Capital Budget for the payment of improvements to City infrastructure, roads and other capital outlay. P. O. 7270 8/5/2024 LB Page 3 of 4 Original Revised Budget Eleventh Budget Amended Amendment Amended Budget No. 11 Appropriation Capital 40,460,000 63,170,989 5,454,325 68,625,314 Total 5,454,325 68,625,314 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 13th day of August, 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: Thurman Bill Bartie Mayor ATTEST: Sherri Bellard, TMRC City Secretary P. O. 7270 8/5/2024 LB Page 4 of 4 APPROVED AS TO FORM: 0?-3(4d4' James/B ck Interi ity Attorney APPROVED FOR ADMINISTRATION: LiNt 1111 Ronald Burton, O City Mara: r Lyns aLy" Boswell, M.A., ICMA-CM Director of Finance • Exhibit "A" C 0 r .` VI cJ a) m cV C C O 0 4- co as (M 4- a) a) I_ I_ LL LL ▪ N L O O a) m rn E Z .0 C a) q0 c6 d O O 0 O O 0 H O 14 111 CNI _ y QOt m c CT) fV W +' Ln Vf c0 G C C 7 3 LL LL C C C E E tL a) a) O > O 0 L E E RS CO a a RS CO U U Cs1 Cr) n N a� o o c y N N C C .r. 0 0 CC O 0 VI V1 a) a) CC CC Exhibit A Page 2 Original Revised Amended Budget Ninth Amended Budget Amended Budget No. 11 Appropriation Resolution 24-072/073 40,460,000 63,170,989 5,454,325 68,625,314 Total 5,454,325 68,625,314 ATTACHMENT B Please reference the following: $11,350,000.00 Total Allocated Funding for Fire Station No.3 (968,050.00) Minus Encumbrance for Architectural Design/Construction Management(Res. No. 24-072) (12,050.00) Minus Encumbrance for Environmental Services(Contract Under$25K) (5,175,000.00) Minus FY2024 Appropriation $ 5,194,900.00 Remaining Balance to appropriate in FY2024 $ 1,000,000.00 Total Allocated Funding for Fire Station No.2 i (740,575.00) Minus Encumbrance for Architectural Design/Construction Management(Res. No. 24-073) $ 259,425.00 Remaining Balance to appropriate in FY2024 I $ 5,454,325.00 Total Additional Appropriation Needed