STRATEGIC PRIORITY: Government Performance & Financial Management
AGENDA DATE: February 28, 2024
COUNCIL DISTRICT(S): N/A
DEPARTMENT: Budget and Management Services
EXECUTIVE: Jack Ireland
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SUBJECT
Title
An ordinance amending Ordinance No. 32554, previously approved on September 20, 2023, authorizing certain transfers and appropriation adjustments for FY 2023-24 for the maintenance and operation of various departments, activities, and amending the capital budget; and authorize the City Manager to implement those adjustments - Not to exceed $4,898,376,958 $3,840,232,585 - Financing: General Fund ($1,678,260,711 $1,837,576,470), General Obligation Debt Service Fund ($420,687,511), Enterprise Funds ($1,401,626,306), Internal Service and Other Funds ($268,266,846), and Employee Retirement Fund ($6,673,227) and Grants, Trust, and Other Funds ($325,742,911 $332,762,963), Capital Funds ($797,119,446)
Body
BACKGROUND
On September 20, 2023, the City Council adopted the Operating, Grants/Trust, and Capital Budgets for FY 2023-24, by Ordinance No. 32554.
City Charter does not allow for expenditure of City funds without sufficient appropriation (City Charter, Chapter XI, Section 6). Management has closely monitored revenues and expenses throughout the fiscal year to ensure compliance with City Charter. The amendments requested reflect: (1) appropriation adjustments previously approved by City Council; (2) adjustments to appropriate excess revenue; (3) adjustments to ensure adequate departmental appropriations in the General Fund; (4) Enterprise, Other, and Trust funds revenue and expenditure increases; and (5) capital appropriation adjustments within Grant, Trust, and Other Funds.
The City of Dallas received $355.4 million in State & Local Fiscal Recovery Funds from the American Rescue Plan Act (ARPA) of 2021 that was signed into law on March 11, 2021. The City of Dallas established the initial spen...
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