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HomeMy WebLinkAbout2019-4127 - Ordinance - 09/26/2019ORDINANCE NO. 2019-4127 AN ORDINANCE (BUDGET AMENDMENT #3) AMENDING ORDINANCE NO. 2018-4048 WHICH WILL AMEND THE BUDGET FOR THE 2018-2019 FISCAL YEAR AND AUTHORIZING AMENDED EXPENDITURES AS THEREIN PROVIDED. WHEREAS, on September 27, 2018, the City Council of the City of College Station, Texas, adopted Ordinance No. 2018-4048 approving its Budget for the 2018-2019 Fiscal Year; and WHEREAS, on February 25, 2019, the City Council of the City of College Station, Texas, adopted Budget Amendment #1 amending the 2018-2019 Budget; and WHEREAS, on June 13, 2019, the City Council of the City of College Station, Texas, adopted Budget Amendment #2 amending the 2018-2019 Budget; and WHEREAS, this amendment was prepared and presented to the City Council and a public hearing held thereon as prescribed by law and the College Station City Charter, after notice of said hearing having been first duly given; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That Ordinance No. 2018-4048 is hereby amended by amending the 2018-2019 Budget adopted thereto by a net amount of $325,000 as further detailed in Exhibit A attached hereto and incorporated herein for all purposes. PART 2: That this Budget Amendment #3 shall be attached to and made a part of the 2018-2019 Budget. PART 3: That except as amended hereby, Ordinance No, 2018-4048 shall remain in effect in accordance with its terms. PART 4: That this ordinance shall become effective immediately after passage and approval. PASSED and APPROVED this 26th day of September, 2019. ATTEST: APPROVED: ____________________________ ________________________________ City Secretary Mayor APPROVED: _________________________ City Attorney Exhibit A - FY19 Budget Amendment #3 Detail Listing 1.Fleet Maintenance Fund - $40,000 (Budget Amendment) Cover parts cost in excess of budget. Excessive heat has stressed the heavy duty vehicles in Fire and Solid Waste departments. 2.PEG Fund - $25,000 (Budget Amendment) Contract Labor has exceeded budget due to increased programming. Expenses will be within the not-to-exceed amount of the contract, however, less than the full amount was included in the budget based on prior year’s actual expenses. 3.Employee Benefits Fund - $185,000 (Budget Amendment) Claims in Medical and Pharmacy have continued to rise throughout the year; however, revenues have been higher than budgeted (by a total of $465,000), offsetting this increase and resulting in a net increase of $185,000. 4.Utility Customer Service (UCS) Credit Card Processing Costs - $75,000 (Budget Amendment) This item will cover the unexpected increase in credit card processing costs associated with utility payments. Budget originally anticipated a growth in costs, but actual FY19 credit card processing costs have exceeded budget and are expected to grow due to increase credit card use from a variety of financial institutions. This amendment will cover the remaining anticipated costs and will be funded out of existing UCS Fund balance. 5.TIRZ18 funds redirected to GG CIP - $125,000 (Net Zero Budget Transfer) When TIRZ18 was dissolved in FY18, the funds that would have resulted from it remaining in place were pledged to the construction of City Hall. During the original FY19 budget process, the $125,000 was directed toward the Debt Service Fund to offset any debt that would be incurred relating to the new City Hall. After analysis, this funding is no longer needed in that Fund. The new City Hall will be funded out of the General Government CIP Fund; therefore, the TIRZ18 funds that were pledged toward that project need to be redirected to GG CIP. ORDINANCE NO. 2019-4127 Page 2 of 2