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Ord 041-2004 6/1/2004ORDINANCE NO. ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, AMENDING THE 2003 -2004 BUDGET FOR THE TRANSIT SYSTEM TO REFLECT FEDERAL AND STATE GRANT APPROPRIATIONS AND AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY FUNDING AGREEMENTS RELATED HERETO, FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the 2003 -04 budget for the Transit System includes $808,055 in federal and state funding for operations of the Transit System, and WHEREAS, the City has been informed after the adoption of the budget that additional federal and state funding for the Transit System is available for the 2003 -04 fiscal year; and WHEREAS, it is desirable to budget these additional grant funds for the operation of the Transit System; and WHEREAS, the resulting local subsidy required to operate the Transit System for the 2003 -04 fiscal year is $182,831. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT SECTION 1 . The 2003 -04 Transit budget is hereby amended as outlined in Exhibit A. SECTION 2 . The City Manager is authorized to enter into all necessary state and federal funding agreements required to operate the Wichita Falls Transit System. SECTION 3 . It is hereby officially found and determined that the meeting at which this ordinance was passed was open to the public as required by law. PASSED AND APPROVED this the 1st day of June 2004. Pp . n MAYOR F C� A , I I �li , I k- _ —� City Clerk Exhibit 'A' Wichita Falls Transit System Allocation Section 45307 — Public Transportation Grant FY 2004 — Revised Apportionment ➢ Capital Preventive Maintenance $ 312,260 Federa $ 425,808 (80.0% 10 -year, 30' Bus $ 0 220 000 I Local 49,000 106,4 ) (20.0% Total $ 532,260 349,536 $ 532,260 TOTAL ➢ Planning $ 814,544 $ 282,957 , $ 347,830 MT Upda $ 49 000 Federa $ 39,200 (80.0% 1 9,800 ) Local (20.0% Total $ 49,000 $ 49,000 ➢ Operating Federa I $ 349,536 (40.5% State 282,957 ) (32.7% Operations $ 864 071 Local 231,578 (26.8% Total $ 864,071 $ 864,071 ) FY 2004 Funding Summary CATEGORY TOTAL FEDERAL STATE LOCAL Capital $ 532,260 $ 425,808 $ 0 $ 106,452 Planning 49,000 39,200 0 9,800 Operating 864,071 349,536 282,957 231,578 TOTAL $ 1,445,331 $ 814,544 $ 282,957 , $ 347,830 i Includes estimated Fare -Box Recovery for FY 2004 at $165, 000. 2 Requires General Fund contribution of $182 830 for local match. NOTES: 1. The federal highway Bill (TEA -21) has not been reauthorized during the preparation of this Program of Projects. 2. Federal and State funds are based on Federal Register and Governor's fund allocation updates. DISCLAIMER: This Program of Projects is subject to change without further notice based on actual federal and State allocations for FY 2004 and available City matching funds.