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HomeMy WebLinkAboutPO 7321: FY24-25 BUDGET AMENDMENT NO. 09 • City of ort rthur 7cr.+ www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 03/10/2025 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. 7321 —FY24-25 Budget Amendment No. 09 Introduction: A budget amendment is requested to increase appropriations in the General Fund Reserve(001), Water and Sewer Capital Fund (405) in response to an emergency related to the water main leak repair detailed in PR24237. Background: The FY 24-25 budget was approved on September 24,2024 by Ordinance No. 24-50. This is the 9th 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. Budget Amendment 7 passed on February 11, 2025 as Ordinance 25-09. Budget Amendment 8 passed on February 25, 2025 as Ordinance 25-13. The Water and Sewer Capital Fund encountered an emergency to repair a 16-inch water main leak. Budget Impact: This creates an increased appropriation in the General Fund (001)by$40,668 by using reserves not anticipated in the current budget, then transferring that amount thereby increasing appropriation in the Water and Sewer Capital Fund (405)by$40,668. Recommendation: It is recommended that the City Council approve Proposed Ordinance 7321 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. 7321 03/10/2025 EJ 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 $40,668 AND TRANSFERRING THAT AMOUNT THEREBY INCREASING WATER AND SEWER CAPITAL FUND (405) BY$40,668. 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 Texas Local Government Code §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 r.. P. O. 7321 03/10/2025 EJ 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, on February 11, 2025, the City Council approved and adopted Ordinance 25-09, which amended the appropriation of the 2024-2025 budget; and WHEREAS, on February 15, 2025, the City Council approved and adopted Ordinance 25-13, which amended the appropriation of the 2024-2025 budget; and WHEREAS, the Water and Sewer Capital Fund is seeking funding for emergency repairs due to a 16-inch water main leak, requiring a transfer from the General Fund for $40,668 to provide enough available funds for Water and Sewer Capital Fund within the FY 2024-2025 budget; and WHEREAS, the transfer from General Fund to Water and Sewer Capital Fund does not create a due to/due from as presently, no future is projected today by which the Water and Sewer Capital 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, TEXAS: 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 40,668 Water and Sewer Capital Fund 405 40,668 P. O. 7321 03/10/2025 EJ Page 3 of 4 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 Six Hundred Eleven Thousand Nine Hundred Two Dollars(100,611,902)for the General Fund and One Million Two Hundred Twelve Thousand Sixty-Two Dollars ($1,212,062) for the Water and Sewer Capital Fund. Original Amended Amended Amended Amended Amended Amended Revised Budget Budget Ol Budget 03 Budget 06 Budget 07 Budget 08 Budget 09 Budget Appropriation (General Fund 96,940,368 5,973 90,099 3,265,000 96,800 172,994 40,668 100,611,902` (Water and Sewer Capital Find 1,098,400 72,994 40,668 1,212,062 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 I P. O. 7321 03/10/2025 EJ Page 4 of 4 APPROVED AS TO FORM: Roxann Pais Cotroneo, City Attorney APPROVES O M ' RATION: (1430 - Ronald Burton, C'M \� City Manager A r Ly da Lyn" Boswell, M.A., ICMA-CM Director of Finance Exhibit "A" { r { L ro a c Y 4J v _J 4J V1 j C C 6) I O ', CC .40 L C 11 "' Y s O m s- 0 LL LL j 1/1 -0 C v 1 CD C Q OD W vi >• M C C 1 C) c CU {3 W Q d 1 I .1 3 , € N z O0 'O a 3 Q LL { O LE 0 0• O• O x v., 00 00 tD Li., co LD LD M ✓ lO M I o O O .4 C C 3 Q i - I I C c LL CO Y a '0U 3Q LL a, -0N C '0 3 C LL L s_ v a, 4-' = 1€ CO I v C a v 4_ N N a m m CC N N N N CC C: a a ° CT o ^o .r w: CC N a w O O O a f� o. o a Q 00 00 ,moo .0 � � o • Z E• ao Q 'fl 0. oo c� o bz NN Q = N ,F o 0 � o °O -{0• z E ao as �o 0 ,a o 0 CLe 0 -c• z N a> ycu OA E r; f0 = O_ • O X Z w y y E gt Q R CC O N 62 O E• 'et Q "t: m oo 0 _ o '7t- � w+ C y O oc • .b CT O ▪i = O fS. ct Q) i.r C Co'