File #: 21-0472    Name: Budget Amendment
Type: Ordinance Status: Consent Item
In control: City Council Regular Meeting
On agenda: 6/1/2021 Final action:
Title: Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2020-2021 Annual Budget and Amending the 2021-2025 Capital Improvements Program to Provide Funds for PK4392, Al Ruschhaupt Improvement Project
Attachments: 1. Ordinance

Title

Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2020-2021 Annual Budget and Amending the 2021-2025 Capital Improvements Program to Provide Funds for PK4392,  Al Ruschhaupt Improvement Project

 

Summary

 

COUNCIL GOAL:                     Enhance the Quality of Life in McKinney

(5A: Create affordable recreational and cultural arts activities for all ages throughout the city)

(5C: Continue to market and highlight McKinney as a unique destination for residents and visitors alike)

(5E: Develop sustainable quality of life improvements within the City of McKinney)

 

MEETING DATE:                     June 1, 2021

 

DEPARTMENT:                      Parks and Recreation

 

CONTACT:                       Michael Kowski, Director of Parks and Recreation

 

 

RECOMMENDED CITY COUNCIL ACTION:                     

                     Approval of the Ordinance.

 

ITEM SUMMARY: 

                     This ordinance amends the Fiscal Year 2020-2021 Annual Budget and the 2021-2025 Capital Improvements Program by transferring $664,000 from the Parkland Dedication Fund - Zone 3 and by transferring $6,000 from the General Fund - Tree Reforestation to the Parks Construction Fund and appropriating the funds into the Al Ruschhaupt Improvement Project PK4392.

 

BACKGROUND INFORMATION: 

                     This request will allow the construction of a new 1,200 sf restroom facility with a concession and storage area. Attached will be a 2,800 sf covered terrace area as well as improved flat work and landscaping.

 

                     An accompanying Resolution for a construction contract for the Al Ruschhaupt Improvement Project will also be on the agenda for City Council approval. 

 

FINANCIAL SUMMARY: 

                     The Ordinance amends the Fiscal Year 2020-2021 Annual Budget and the 2021-2025 Capital Improvements Program by transferring $664,000 from the Parkland Dedication Fund - Zone 3 and by transferring $6,000 from the General Fund - Tree Reforestation to the Parks Construction Fund.

                     The Ordinance also amends the Fiscal Year 2020-2021 Annual Budget by appropriating $670,000 in the Parks Construction Fund for CIP Project PK4392 - Al Ruschhaupt Improvement Project.

 

                     Upon approval of this agenda item the total project budget will be $3,170,000, with $1,341,000 remaining to be spent.

 

                     Upon approval of the accompanying construction contract, $15,368 will remain in project PK4392.

 

BOARD OR COMMISSION RECOMMENDATION:

                     n/a