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HomeMy WebLinkAboutPO 7331: FY24-25 BUDGET AMENDMENT NO. 12 City of ort rtku� www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 04/25/2025 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. 7331 —FY24-25 Budget Amendment No. 12 Introduction: A budget amendment is requested to increase appropriations in the General Fund Reserve(001), Water and Sewer Capital Fund (405) a change order No. 2 detailed in PR 24305 and an emergency related to the sewer line repair detailed in PR 24296 and, the Capital Improvement Fund (307) change order No. 1 detailed in PR 24304. 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. Budget Amendment 9 passed on March 25, 2025,as Ordinance 25-19.Budget Amendment 10 passed on April 8,2025,as Ordinance 25-20. Budget Amendment 11 passed on April 22,2025, as Ordinance 25-25. The Water and Sewer Capital Fund is requesting a change order and encountered an emergency sewer line repair. The Capital Improvement Fund is requesting a change order. Budget Impact: This creates an increased appropriation in the General Fund(001)by$331,380 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$331,380 and Capital Improvement Fund(307)by$426,586 by using assigned,but not appropriated funds. "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 ort rthu� 7rurs www.PortArthurTx.gov Recommendation: It is recommended that the City Council approve Proposed Ordinance 7331 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. 7331 04/25/2025 EJ Page 1 of 5 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 (001) BY $331,380, AND TRANSFERRING THAT AMOUNT THEREBY INCREASING WATER AND SEWER CAPITAL FUND (405) BY $331,380 AND THE CAPITAL FUND (307) BY$426,586 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 P. O. 7331 04/25/2025 EJ Page 2 of 5 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 25, 2025, the City Council approved and adopted Ordinance 25-13, which amended the appropriation of the 2024-2025 budget; and WHEREAS,on March 25,2025,the City Council approved and adopted Ordinance 25-19,which amended the appropriation of the 2024-2025 budget; and WHEREAS, on April 8, 2025, the City Council approved and adopted Ordinance 25-20, which amended the appropriation of the 2024-2025 budget; and WHEREAS, on April 22, 2025, the City Council approved and adopted Ordinance 25-25, 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 an 8-inch sewer line and a change order No. 2 with Global Drilling Inc requiring a transfer from the General Fund for $331,380 to provide enough available funds for Water and Sewer Capital Fund and Capital Improvement Fund is requesting assigned but not appropriated funds 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, increasing appropriations to the Water and Sewer Capital Fund (405), and the Capital Improvement Fund(307)will provide the necessary funds in the FY 2024-2025 budget to address the funding requirements; and P. O. 7331 04/25/2025 EJ Page 3 of 5 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 001 331,380 Water and Sewer Capital Fund 405 331,380 Capital Improvement Fund 307 426,586 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 Two Million Two Hundred Ninety Thousand Five Hundred Seventy-Nine Dollars ($102,290,579) for the General Fund. Four Million Six Hundred Seventy-Eight Thousand Four Hundred Forty-Two Dollars ($4,678,442) for Water/Sewer Capital Fund. Seven Million Seven Hundred Ninety-One Thousand Five Hundred Eighty- Six Dollars ($7,791,586) for Capital Fund-Development Services. Original Budget Amended Amended Revised Budget Budgets 1-10 Budget 12 Appropriation General Fund 96,940,368 5,018,831 331,380 102,290,579 Water/Sewer 1,098,400 331 380 4,678,442 Capital Fund 3,248,662 Capital 7,365,000 426,586 7'791,586 Improvement 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. P. O. 7331 04/25/2025 EJ Page 4 of 5 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 P. O. 7331 04/25/2025 EJ Page 5 of 5 APPROVED AS TO FOR • Roxann Pais Cotroneo, City Attorney APPROVED 0 ADMINISTRATION: � r Ronald :urto PM City V- a "Lyn" Boswell, M.A., ICMA-CM Director of Finance Exhibit "A" 0 0 0 0 Do 0 a v H o Lr) rts Y 3 v O C v v> o. a Q N 0 onC.. 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