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HomeMy WebLinkAboutPO 7337: FY24-25 BUDGET AMENDMENT NO. 13Is" Ott 0, urt rthur www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 05/23/2025 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. 7337—FY24-25 Budget Amendment No. 13 Introduction: A budget amendment is requested to increase appropriations in the General Fund Reserve(001) due to a previous year settlement with H&P Engineering & Construction detailed in resolution 23-459, Hotel Occupancy Tax Fund (140) for the construction of location and directional wayfinding signs detailed in PR24318, HUD 2024 program consolidated plan for CBDG Grant (105) and HOME Grant (108) detailed in resolution 24-303 and HOME Grant (108) for land acquisition, site clearance, new construction, purchase/rehabilitate/sale, or rent three housing units throughout the city detailed in PR24321. Background: The FY 24-25 budget was approved on September 24,2024 by Ordinance No. 24-50. This is the 13th 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 in April 8, 2025 as Ordinance 25-20. Budget Amendment 11 passed in April 22, 2025 as Ordinance 25-25. Budget Amendment 12 passed in May 6, 2025 as Ordinance 25-26. The Hotel Occupancy Tax Fund is requesting assistance for the monument signs throughout the city, as detailed in the Wayfinding Program. The General Fund is looking for approval for a required payment linked to a settlement that was budgeted in FY23-24, and not expended with H&P Engineering, per resolution 23-459. The CDBG and HOME Grant Fund is requesting access to previous year grant funds that were missed in FY2024 and not accounted for in the FY2025 budget, as stated in resolution No. 24-303. HOME Grant is also requesting acquiring "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 Ciry pi ort rthu _ www.PortArthurTx.gov land, clearing sites, building new structures, buying/renovating/selling, or renting three housing units across the city per PR24321. Budget Impact: This creates an increased appropriation in the General Fund (001) by $41,102, in the Hotel Occupancy Tax Fund(140)of$642,754 ,then a transfer to the Capital Improvement Fund(307) of$642,754, and in the CDBG Grant Fund (105) by $1,030,589 and HOME Grant Fund (108) by $555,103 by using reserves not anticipated in the current budget and by using assigned, but not appropriated funds. Recommendation: It is recommended that the City Council approve Proposed Ordinance 7337 to amend the budget as discussed/outlined above. "Remember,Ns 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. 7337 05/23/2025 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$41,102 AND HOTEL OCCUPANCY TAX FUND (140) BY$642,754, CDBG GRANT FUND (105) BY $1,030,589 AND HOME GRANT FUND (108) BY$555,103 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. 7337 05/23/2025 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, on May 6, 2025, the City Council approved and adopted Ordinance 25-26, which amended the appropriation of the 2024-2025 budget; and WHEREAS, The Hotel Occupancy Tax Fund is requesting financial support for the monument signs across the city, as outlined by the Wayfinding Program. The General Fund is seeking authorization for a necessary payment related to a settlement that was not allocated for with H&P Engineering, in accordance with resolution 23-459. The CDBG and HOME Grant Fund is requesting access to prior year grant funds that were overlooked in FY2024 and not included in the budget for FY2025, as specified in resolution 24-303. Also, the HOME Grant Fund is requesting acquiring land, clearing sites,building new structures, buying/renovating/selling, or renting three housing units across the city; and WHEREAS,increasing appropriations to the Hotel Occupancy Tax Fund(140)then a transferring to the Capital Improvement Fund (307) by $642,754, the CDBG Grant Fund (105) by $1,030,589 and P. O. 7337 05/23/2025 EJ Page 3 of 5 HOME Grant Fund (108) by $555,103 will provide the necessary funds in the FY 2024-2025 budget to address the funding requirements; 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 41,102 Hotel Occupancy Tax Fund 140 642,754 Capital Improvement Fund 307 642,754 CDBG Grant Fund 105 1,030,589 HOME Grant Fund 108 555,103 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 Three Hundred Thirty-One Thousand Six Hundred Eighty-One Dollars ($102,331,681) for the General Fund. Seventy- Two Million Six Hundred Forty-One Thousand Seven Hundred Fifty-Seven Dollars ($72,641,757) for the Capital Improvement Fund. Three Million Two Hundred Eleven Thousand Eight Hundred Ninety Dollars($3,211,890) for Hotel Occupancy Tax Fund. Two Million Seventy-Three Thousand Three Hundred Ninety-Seven Dollars ($2,073,397) for CDBG Grant Fund. One Million Seven Hundred Thirty-One Thousand One Hundred Eighty-One Dollars($1,731,181) for HOME Grant Fund. P. O. 7337 05/23/2025 EJ Page 4 of 5 Original Amended Amended Revised Budget Budget Budgets 1-12 Budget 13 Appropriation General 96,940,368 5,350,211 41,102 102,331,681 Fund Hotel Occupancy 2,569,136 - 642,754 3,211,890 Tax Fund Capital Improvement 68,630,076 3,368,927 642,754 72,641,757 Fund CDBG Grant 1,042,808 - 1,030,589 2,073,397 Fund HOME Grant 1,176,078 - 555,103 1,731,181 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 PP P. O. 7337 05/23/2025 EJ Page 5 of 5 APPROVED AS TO FORM: Roxann Pais Cotroneo, City Attorney iiii APPROVED Fe ' • rf, INISTRATION: WV/ Ronald Burton, CP ,4,' City Manager ej&-,_Lai Lynd 'Lyn" Boswell, M.A., ICMA- M Director of Finance Exhibit "A" A A A A 17 77 m m m A A A V U V N NJ NJ NJ NJ N A A A A A W W W W A w ANJfD F-' 1--' IA CO CO O O U7 fD w W LOCD N 2 n G1 = a p our D 0 -0 m °—' 0 d G1 Gl 3 a, j C a C .0. `+ r0. 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