City Council Meeting


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  F.2.g.       
Meeting Date: 04/19/2022  
Contact: Tracy Cormier, Managing Director of Financial Services

COUNCIL ACTION
Motion by Mayor Pro Tem Andre' Byrd with a second by Councilmember Letitia Hughes to approved as presented, Motion passes 6-1.
AGENDA ITEM:
Consider an Ordinance Amending the Fiscal Year 2021-2022 Adopted Budget including:
    i. $151,446 increase to the General Fund to cover the cost of prior year contractual expenses paid for in the current fiscal year
    ii. $1,582,557 increase to the New Directions Grant Fund for Year 2 of the New Directions Grant provided for by Dallas County. The increase in allocated expenditures is matched by an equal increase in grant revenue.
    iii. $7,000 increase to the Municipal Court Technology Fund to cover the cost of an additional file server
    iv. $819,000 increase in the Capital Equipment Replacement Fund to cover the cost of vehicles originally budgeted for in the previous fiscal year but received in FY 2022
BACKGROUND:
Throughout the fiscal year, various departments within the City request line item budget adjustments or budget amendments.  Budget amendments are due to unanticipated revenues and expenditures that were not part of the adopted budget. Amendments will increase or decrease revenues and expenditures for the department or fund. The attached Exhibit A reflects the Budget Amendments for April 2022 of Fiscal Year (FY) 2022.
FINDINGS:
The attached ordinance amending the adopted budget reflects activities that were unanticipated after the FY 2022 Budget was adopted.
FINANCIAL IMPACT:
Exhibit A contains detailed descriptions of the amendments for April of FY 2022, along with the changes to the adopted budget amount. The following is a summary of amendments for FY 2022 that will change the adopted budget:

The General Fund-101:
Budget Adjustment to increase General Fund expenses by $151,446 to cover the cost of prior year contractual expenses. This adjustment will increase expenditures in the General Fund and will come from fund balance.

The Grant Fund-271:
Budget Adjustment to increase revenues and expenditures in the New Grants Fund by $1,582,557 related to the Dallas County New Directions in Public Safety Grant.

The Vehicle & Equipment Replacement Fund-420:
Budget Adjustment to increase Capital Equipment Replacement Fund expenses by $819,000 to cover the cost of vehicles originally budgeted in the previous fiscal year but received in FY22 and the additional cost above budget for FY22 vehicles. This adjustment will increase expenditures in the Capital Equipment Replacement Fund and will come from fund balance.

The Municipal Court Technology Fund-225:
Budget Adjustment to increase Municipal Court Technology Fund expenses by $7,000 to cover the cost of an additional file server. This adjustment will increase expenditures in the Municipal Court Technology Fund and will come from fund balance.
RECOMMENDATION:
Staff recommends Council approve an Ordinance amending the FY 2022 Adopted Budget for budget amendments as attached herein.
MANAGEMENT REVIEW
Attachments
Exhibit A
Budget Ordinance


    

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