HomeMy WebLinkAboutOrdinance No. 21-005 FY19 Budget Amendment - TMRS and FRRF ContributionsORDINANCE NO.21-005
AN ORDINANCE OF THE CITY OF UNIVERSITY PARK,TEXAS,AMENDING THE
2018-2019 FISCAL YEAR BUDGET,ORDINANCE NO.18-033,TO RECOGNIZE THE
ADDITIONAL SUMS CONTRIBUTED TO BOTH THE TEXAS MUNICIPAL RETIREMENT
SYSTEM ("TMRS")AND THE FIREMAN'S RELIEF AND RETIREMENT FUND ("FRRF")
WITHIN THE BUDGETED FUNDS OF THE CITY;INCREASING THE AMOUNT OF FY2019
CITY CONTRIBUTION EXPENSE BUDGETED IN EACH DEPARTMENT;AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS,the City of University Park has previously contributed to both the TMRS and the
FRRF to provide benefits for its employees upon their retirement;and
WHEREAS,the City Council of the City of University Park has previously determined that it
was in the best interest of the City to pay over to each of the retirement funds an additional sum of one
million dollars ($1,000,000),and
WHEREAS,the amounts so paid were appropriated from the available fund balance of the Self-
Insurance Fund,which is not part of the officially adopted fiscal year budget,and
WHEREAS,the amounts paid are considered part of the City contribution for fiscal 2019 and
should,therefore,be considered part of the fiscal 2019 budget;and
WHEREAS,the fiscal 2019 budget has not been amended to reflect the contribution increase;
NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
UNIVERSITY PARK,TEXAS:
SECTION 1.That Ordinance No.18-033,the 2018-2019 fiscal year budget ordinance of the
City of University Park,Texas,be,and the same is hereby,amended to include as City Contribution the
amounts paid over to both TMRS and the FFRF,in accordance with Ordinances 18-042 and 18-043 by
increasing City Contribution expenditures $2,000,000 in the specific accounts listed on Exhibit "A"
attached hereto and made a part hereof for all purposes,and such expenditures are hereby authorized and
made a part of the 2018-2019 fiscal year budget of the City.
SECTION 2.This ordinance shall take effect immediately from and after its passage,as the
law and Charter in such cases provide
DULY PASSED by the City Council of the City of University Park,Texas,on this 23rd day of
March,2021.
APPROVED:
TOMMY STEWART,MAYOR
ATTEST:
CITY ATTORNEY CHRISTINE GREEN,CITY SECRETARY
EXHIBIT A
ADDITIONAL FISCAL YEAR 2019 BUDGET ALLOCATIONS
DUE TO TMRS AND FRRF CASH INFUSIONS
IGroupl Account 1 Department 11120 -TMRS 1 1121 -FRRF I TOTAL 1
GG 01-02 EXECUTIVE $47,657 $47,657
GG 01-03 FINANCE 35,985 35,985
GG 01-04 HUMAN RESOURCES/RISK MGT 11,289 11,289
GG 01-05 INFORMATION SERVICES 38,165 38,165
GG 01-06 LIBRARY 19,796 19,796
PS 01-10 LEGAL 9,165 9,165
PW 01-19 BUILDING 47,115 47,115
PW 01-20 ENGINEERING 22,568 22,568
PW 01-25 TRAFFIC 27,874 27,874
GG 01-35 FACILITY MAINTENANCE 9,542 9,542
PS 01-40 FIRE 31,546 $1,000,000 1,031,546
PS 01-50 POLICE 293,368 293,368
PK 01-70 PARKS 92,520 92,520
PK 01-75 SWIMMING POOL 4,202 4,202
ST 01-80 STREETS 53,736 53,736
UT 02-21 UTILITIES OFFICE 14,985 14,985
UT 02-22 UTILITIES 100,695 100,695
UT 02-24 IN HOUSE CONSTRUCTION 13,425 13,425
SA 04-60 SANITATION 88,042 88,042
IS 47-30 GARAGE 26,842 26,842
IS 47-34 WAREHOUSE 11,483 11,483
Total $1,000,000 $1,000,000 $2,000,000