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CITY COUNCIL AGENDA MEMO |
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| | | | | | | | | MEETING DATE: | 4/6/2021 | | DEPARTMENT: | Budget | | DIRECTOR: | Karen Rhodes-Whitley, Director of Budget and Research | | AGENDA ITEM: | Supplemental Appropriation Ordinance #3 for FY 2020-21 | | RECOMMENDED ACTION: | Adoption of Ordinances |
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| | | | | | | | ITEM SUMMARY Ordinance No. 2021-4-5: To transfer the total sum of $1,640,294 from the following Unappropriated fund balances: General Fund ($1,473,584), Convention & Tourism Fund ($21,552), Water & Sewer Fund ($61,228), Sustainability & Environmental Services Fund ($49,467), Municipal Drainage Fund ($13,565), Recreation Revolving Fund ($9,127), Golf Course Fund ($3,704), Risk Management Fund ($3,684), and the PTV Fund ($4,383), to each of the listed Fund Operating Appropriations for fiscal year 2020-21 for the purpose of a mid-year 2% across the board pay increase for all employees, amending the Budget of the City adopted by Ordinance No. 2020-9-4, specifically Section 1, Items “A”, “G”, “K”, “S”, “W”, “BB”, “DD”, “FF”, and “HH” to reflect the actions taken herein; and providing an effective date. Adopted
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| | | | | | | | PREVIOUS ACTION/PRESENTATION On September 14, 2020, City Council adopted the Operating Budget Ordinance for the 2020-21 fiscal year, which included appropriations for the General Fund of $276,760,496, the Convention & Tourism Fund of $12,148,496, the Water & Sewer Fund of $141,283,499, the Sustainability & Environmental Services Fund of $27,465,838, the Municipal Drainage Fund of $4,467,070, the Recreation Revolving Fund of $2,306,003, the Golf Course Fund of $957,066, the Risk Management Fund of $7,206,455, and the PTV Fund of $1,788,496. |
| | | | | | | | BACKGROUND Supplemental appropriations have been approved in the past on an as-needed basis by the City Council to address funding requirements that were not identified within previously adopted budgets and that would not be prudent to delay to the next fiscal year.
No salary increases for City of Plano employees were included in the FY 2020-21 Budget due to the uncertainty of the City’s financial condition as a result of the COVID-19 pandemic. As the City of Plano’s financial condition has stabilized and become more predictable, it’s important to stay on track with compensating and retaining the City’s workforce appropriately using available funding from unappropriated fund balances.
This agenda item would amend the current operating appropriation for the current year by granting additional expenditure capacity for the aforementioned funds. This funding was not included when the current budget was adopted. |
| | | | | | | | FINANCIAL SUMMARY/STRATEGIC GOALS This is the third supplemental appropriation for FY 2020-21, totaling $1,640,294, and is spread among various funds.
Approving additional appropriations for various funds for the 2020-21 fiscal year for the purpose of providing a mid-year 2% across the board pay increase for all employees relates to the City’s Strategic Plan Critical Success Factor of Excellent, Innovative, and Accountable City Government. |
| | | | | | | | FINANCIAL SUMMARY/STRATEGIC GOALS This is the third supplemental appropriation for FY 2020-21, totaling $1,640,294, and is spread among various funds.
Approving additional appropriations for various funds for the 2020-21 fiscal year for the purpose of providing a mid-year 2% across the board pay increase for all employees relates to the City’s Strategic Plan Critical Success Factor of Excellent, Innovative, and Accountable City Government. |
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