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HomeMy WebLinkAboutPO 7385: FY25-26 BUDGET AMENDMENT NO. 04 ot Vir?rt rth u�� Tc tut www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 12/3/2025 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. 7385 —FY25-26 Budget Amendment No. 04 Introduction: A budget amendment is requested to increase appropriations in the Capital Reserve(Equipment) due to no action taken for payment on previously approved Resolution 24-123 in FY2023-2024 and increase appropriations for the Capital Reserve (Equipment) by $600,986; and to increase the Water and Sewer Capital TWDB Fund (404) based on approved applications for the Lead Service Line Replacement for$4,806,122. Background: The FY 25-26 budget was approved on September 23, 2025, by Ordinance No. 25-57. This is the fourth amendment requested for this budget year. Budget amendment 1 was passed on October 21, 2025, as Ordinance No. 25-65, Budget Amendment 2 was passed on November 18, 2025, as Ordinance No. 25-69; Budget Amendment 3 was passed on December 2, 2025, as Ordinance No. 25-70. Budget Impact: Increased appropriations in the Capital Reserve Fund(625) by $600,986 by using existing fund balance to encumber the lease purchase from PR 24639 and increase appropriations in the Water and Sewer TWDB by $4,806,122. Recommendation: It is recommended that the City Council approve Proposed Ordinance 7385 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. 7385 12/3/2025 LYN Page 1 of 3 ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE CITY OF PORT ARTHUR BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025 AND ENDING SEPTEMBER 30, 2026, INCREASING THE CAPITAL RESERVE FUND (625) BY $600,986 AND INCREASE THE WATER AND SEWER TWDB FUND (404) BY$4,806,122. 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 September 23, 2025, the City Council approved and adopted Ordinance 25-57, which appropriated the 2025-2026 budget; and WHEREAS, on October 21, 2025,the City Council approved and adopted Ordinance 25-65, which, amended the appropriated 2025-2026 budget; and WHEREAS,on November 18, 2025, the City Council approved and adopted Ordinance 25-69, which amended the appropriated 2025-2026 budget; and WHEREAS, on December 2, 2025, the City Council approved and adopted Ordinance 25-70, which amended the appropriated 2025-2026 budget; and WHEREAS,the usage of the existing Fund Balance will be used for the previously approved Fire Trucks; and WHEREAS,the usage of the existing Fund Balance will be allocated to the Capital Reserve Fund for the previously approved fire trucks in the amount of$600,986 which will encumber the available funds for the FY 2025-2026 budget for those funds for first lease payment in FY2026-2027 budget; and WHEREAS, the City of Port Arthur was approved by the Texas Water Development Board's financial assistance request for$4,806,122; and P. O. 7385 12/3/2025 LYN Page 2 of 3 WHEREAS,Exhibit"A" shows the fund changes and subsequent revised budget appropriations. 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 Capital Reserve Fund 625 600,986 Water and Sewer TWDB Fund 404 $4,806,122 Section 3. That Section 4 of Ordinance 25-57 is amended to read: That there be and is hereby appropriated the sum of Seven Million Seven Hundred Sixteen Thousand Four Hundred Forty Ninety Eight Dollars($7,716,498)for the Capital Reserve Fund;and Thirty One Million Eight Hundred Six Thousand One Hundred Twenty Two Dollars ($31,806,122). Original Amended Amended Revised Budget Budget 3 Budget 4 Budget Appropriation Capital Reserve Fund 6,125,512 990,000 600,986 7,716,498 Water and Sewer TWDB Fund 27,000,000 0 4,806,122 31,806,122 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: wr P. O. 7385 12/3/2025 LYN Page 3 of 3 Charlotte M. Moses Mayor ATTEST: Sherri Bellard, TMRC City Secretary APPROVED .• Roxann Pais Cotroneo, City Attorney APPROVED FOR ADMINISTRATION: Ronald B , PM City ager n "Lyn"Boswe ,XM.A., ICMA-CM Director of Finance Exhibit "A" v C J N U O L cu V) Ca N a M Q1 N J >-LL a) t C a•' - l 0 U > - 0 OL to CL C. Q •L f0 vu , a)0 0 CO o_ 1N a > _ a , ; N � nz u N CC t'Q C CL Ut— f0 of s•-i fC L U 0_ U 0 L? 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