Title
Consider and take action on an ordinance amending the City of League City, Texas, Governmental, Proprietary, and Capital Funds Budget for Fiscal Year 2024 by amending Ordinance No. 2023-28, Ordinance 2023-33, Ordinance 2023-47, Ordinance 2023-48, Ordinance 2023-49, Ordinance 2024-12, Ordinance 2024-20, Ordinance 2024-27, and Ordinance 2024-42 to adjust the operating and capital budget for actual and projected expenditures (Assistant City Manager - CFO)
Staff requests approval on first and final reading.
Background:
The proposed ordinance requests a net zero change to the General Fund, a net decrease of $875,000 to the Utility Fund, $220 increase to the Chapter 59 Seizure Fund, $755 increase to the Municipal Court Building Security Fund, $440 increase to the Hurricane Nicholas Fund, $1,012 increase to the Winter Strom Uri Fund, $122 increase to the COVID FEMA PA Fund, and a $2,500 increase to the Utility Debt Service Fund.
If approved, the proposed ordinance would amend the City’s FY2024 budget to incorporate proposed adjustments for:
General Fund
The following reallocations total $895,540 between departments. The reallocations between departments are required to adjust funding to meet year-end actuals as follows:
• $3,740 increase to Civic Center due to water cost ending the year over budget and being fully staffed with an offset decrease of <$3,740> from Facilities.
• $697,600 increase to Police due to separation pay (retirements) and overtime with an offset decrease of <$686,000> from Emergency Medical Services and <$11,600> from Fire Marshal.
• $66,000 increase to Accounting due to being fully staffed and an overage in professional services with an offset decrease of <$66,000> from Purchasing.
• $40,450 increase to Communications due to employee insurance elections being more than the budget with an offset decrease of <$40,450> from Non-Departmental.
• $28,200 increase to Streets & Traffic due to an overage in overtime with an offset decrease of <$28,200> from Solid Waste.
• $54,890 increase to Library due to separation pay with an offset decrease of <$54,890> from Park Operations.
• $4,660 increase to Project Management due to an overage in Contractual Services from increased abandonment appraisals with an offset decrease of <$4,660> from Non-Departmental.
Utility Fund
The following reallocation totaled $58,810 between departments and a decrease of $875,000 in the Transfer to Reinvestment (cash funding CIP).
• $58,810 increase to Water due to overages in salaries, overtime, retirement and employee insurance with an offset decrease of <$58,810> from Wastewater.
• $875,000 decrease to the Transfer to Reinvestment (CIP) based on year-end actuals.
Special Revenue Fund - Chapter 59 Seizure Fund
Autos & Trucks ($220): increase requested to cover the cost of the vehicles purchased.
Special Revenue Fund - Municipal Court Building Security Fund
Certification Pay ($755): increase requested to cover certification pay overage for court officer.
Special Revenue Fund - Hurricane Nicholas Fund
Transfer to General Fund ($440): increase requested to cover the transfer to General Fund based on year-end actuals to close fund.
Special Revenue Fund - Winter storm Uri Fund
Transfer to OPEB Trust Fund ($1,012): increase requested to cover the transfer to OPEB Trust Fund based on year-end actuals.
Special Revenue Fund - COVID FEMA PA Fund
Transfer to OPEB Trust Fund ($122): increase requested to cover the transfer to OPEB Trust Fund based on year-end actuals to close fund.
Utility Debt Service Fund
Paying Agent Fees ($2,500): increase requested to cover the cost of debt maintenance.
TOTAL BY FUNDS:
General Fund
The adjustment to the General Fund is an increase of $895,540 with a decrease of $895,540 for a net zero increase in total fund appropriations. The total fund appropriation amended budget of $103,785,284 remains the same.
Utility Fund
The adjustment to the Utility Fund is an increase of $58,810 with a decrease of $933,810 for a net decrease of $875,000 in total fund appropriations. The total fund appropriation amended budget of $48,045,191 decreases by $875,000 to $47,170,191.
Special Revenue Fund - Chapter 59 Seizure Fund
The requested adjustment to the Chapter 59 Seizure Fund is an increase of $220. The total fund appropriation amended budget of $122,000 increases by $220 to $122,220.
Special Revenue Fund - Municipal Court Building Security Fund
The requested adjustment to the Municipal Court Building Security Fund is an increase of $755. The total fund appropriation amended budget of $37,561 increases by $755 to $38,316.
Special Revenue Fund - Hurricane Nicholas Fund
The requested adjustment to the Hurricane Nicholas Fund is an increase of $440. The total fund appropriation amended budget of $55,166 increases by $440 to $55,606.
Special Revenue Fund - Winter Storm Uri Fund
The requested adjustment to the Winter Storm Uri Fund is an increase of $1,012. The total fund appropriation amended budget of $219,643 increases by $1,012 to $220,655.
Special Revenue Fund - COVID FEMA PA Fund
The requested adjustment to the COVID FEMA PA Fund is an increase of $122. The total fund appropriation amended budget of $65,512 increases by $122 to $65,634.
Utility Debt Service Fund
The requested adjustment to the Utility Debt Service Fund is an increase of $2,500. The total fund appropriation amended budget of $13,948,480 increases by $2,500 to $13,950,980.
Attachments:
1. Proposed Ordinance with Exhibits A, B, C
FUNDING
{X} Funds are available from the Public Safety Tech Fund, Municipal Court Building Security Fund, Hurricane Nicholas Fund, Winter Storm Uri Fund, COVID FEMA PA, and the Utility Debt Service Fund fund balance.
STRATEGIC PLANNING
{X} NOT APPLICABLE