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HomeMy WebLinkAboutPO 7309: FY24-25 BUDGET AMENDMENT NO. 07 �er a{r nrt rtltu ' www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 01/31/2025 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. 7309—FY24-25 Budget Amendment No. 07 Introduction: A budget amendment is requested to increase appropriations in the General Fund (001), Water and Sewer Fund(410) due to unforeseen emergency described in PR 24152. Background: The FY 24-25 budget was approved on September 24,2024 by Ordinance No. 24-50. This is the 7th Amendment. Budget Amendment 1 passed on October 7, 2024 as Ordinance No. 24-56. Budget Amendment 2 passed on November 6, 2024 as Ordinance No. 24-63. Budget Amendment 3 passed on December 3, 2024 as Ordinance No. 24-68. Budget Amendment 4 passed on December 17, 2024 as Ordinance 24-70. Budget Amendment 5 passed on January 14 as Ordinance 25-05. Budget Amendment 6 passed on January 28, 2025 as Ordinance 25-07. The Water and Sewer Fund incurred an emergency repair on 12/31/2024, and the repairs were completed on 1/17/2025. Budget Impact: This creates an increased appropriations in the General Fund(001)by $96,800 by using reserves not anticipated in the current budget, then transferring that amount thereby increasing appropriation in the Water and Sewer Fund (410) by $96,800. Recommendation: It is recommended that the City Council approve Proposed Ordinance 7309 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. 7309 01/31/2025 LYN Page 1 of 4 ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE CITY OF PORT ARTHUR BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025, INCREASING GENERAL FUND CONTINGENCY (001) BY $96,800 AND TRANSFERRING THAT AMOUNT THEREBY INCREASING WATER AND SEWER FUND (410) BY $96,800. 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, 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 WHEREAS, on September 24, 2024, the City Council approved and adopted Ordinance 24-50, which appropriated the 2024-2025 budget; and WHEREAS, on October 24, 2024, the City Council approved and adopted Ordinance 24-56, which amended the appropriation of the 2024-2025 budget; and WHEREAS, on November 6, 2024, the City Council approved and adopted Ordinance 24-63, which amended the appropriation of the 2024-2025 budget; and WHEREAS, on December 3, 2024, the City Council approved and adopted Ordinance 24-68, which amended the appropriation of the 2024-2025 budget; and WHEREAS, on December 17, 2024, the City Council approved and adopted Ordinance 24-70, which amended the appropriation of the 2024-2025 budget; and WHEREAS, on January 14, 2025, the City Council approved and adopted Ordinance 25-05, which amended the appropriation of the 2024-2025 budget; and P. O. 7309 01/31/2025 LYN Page 2 of 4 WHEREAS, on January 28, 2025, the City Council approved and adopted Ordinance 25-07, which amended the appropriation of the 2024-2025 budget; and WHEREAS,the Water and Sewer Fund incurred an emergency expense due to a sewer blockage on 9th Avenue and Hwy 73 on or about December 31, 2024 which finally resolved on or about January 17, 2025 at a cost of $96,800 according to PR 24152, requiring a transfer from the General Fund contingency for $96,800 to provide enough available funds for the Water and Sewer Fund within the FY 2024-2025 budget; and WHEREAS, the transfer from General Fund to the Water and Sewer Fund does not create a due to/due from as presently, no future is projected today by which Water and Sewer Fund will have enough in revenue to refund the subsidy; and WHEREAS,Exhibit"A" shows the fund changes and subsequent revised budget appropriation. 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 96,800 Water and Sewer Capital Fund 405 96,800 Section 3. That Section 4 of Ordinance 24-50 is amended to read: That there be and is hereby appropriated the sum of One Hundred Million, Three Hundred Ninety- Eight Thousand, Two Hundred Forty Dollars ($100,398,240) for the General Fund, and Thirty-Seven Million, Four Hundred Seventeen Thousand, Seven Hundred Thirty Dollars (37,417,730) for the Water and Sewer Fund. I P. O. 7309 01/31/2025 LYN Page 3 of 4 Amended Amended Amended Amended Revised Original Budget No. Budget Budget Budget Budget Budget 01 No.3 No.06 No.07 Appropriation General Fund 96,940,368 5,973 90,099 3,265,000 96,800 100,398,240 Water and 37,190,930 130,000 96,800 37,417,730 Sewer Fund 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 day of , 2025, 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 4 4 P. O. 7309 01/31/2025 LYN Page 4 of 4 APPROVED AS TO FORM: Roxann Pais Cotroneo, City Attorney APPROVED F TRATION: Ronald Burto , City Manager Lynda dL,yn" Boswell, M.A., ICMA-CM Director of Finance Exhibit "A" a) a) N N ." a) (O d' O. • a U CC C C s- o as a 3 a CD a) U -a VI 0 3 0 LL LL N a C C aJ 0 C. N x , N W cc >, c U C On a C � a C -0 C < W I a �t E -10 � O a 0.0 6L f0 a 0 00 0 O O O (0 O O O ,C ` co 00 �0 x u l0 L0 frf w D> IT Ol a+ C O E C 7 LL C i a) LL a) C N 7 LL c CO (0 L. 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