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HomeMy WebLinkAbout65-18 VPA Non- Reverting Funds Clean-Up Ordinance <R CITY OF SOUTH BEND VENUES PARKS 8 ARTS PETEBUTTIGIEG AARON PERRI November 19, 2018 Filed in Clerk's Office Mr.Tim Scott, President South Bend Common Council NOV 19 2018 J 4th Floor County-City Building KAREEMAH FOWLER South Bend IN 46601 CITY CLERK,SOUTH BEND,IN RE: VPA Non-Reverting Funds Clean-up Ordinance Dear President Scott, Attached is AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING CHAPTER 2,ARTICLE 14 OF THE SOUTH BEND MUNICIPAL CODE BY DELETING SECTIONS 2- 169, 2-170.2,2-170.3, 2-170.4,2-170.5, AND 2-170.6, WHICH ESTABLISHED VARIOUS SPECIAL FUNDS ASSOCIATED WITH THE VENUES, PARKS,AND ARTS DEPARTMENT. As discussed during this past budget season,the Venues Parks &Arts Department has undertaken efforts to merge several funds into one. Operationally, this effort better aligns with the way the department has functioned over the past decade. It also allows for a more simplified budgeting and accounting process while presenting a more transparent and comprehensive look at the department's finances. All fund balances will be transferred to Fund 201 and will remain available for capital improvements as intended. Newly generated capital reserves will continue to accumulate as normal, however,they will remain as a non-reverting cash balance within Fund 201. This consolidation was already unanimously approved by Council as part of the October 8, 2018 budget approval. The ordinance before you is necessary to clean up the previously established Non-Reverting Funds. Thank you for your consideration. VPA fiscal officer, Ken Glowacki,will be on hand to discuss this matter at the pertinent committee and council meetings. Respectfully, 1 � I Aaro Perri Executive Director, VPA 11:NF. rvrrl I FN('F I AC((lI II\ITARII ITV I IMIMInVATI(lMV I MCI I IG(lnl I FKAPCMA/FRNAPNIT ( Filed in Clerk's Office BILL NO. 65-18 NOV 1 9 2018 ORDINANCE NO. KAREEMAH FOWLER CITY CLERK,SOUTH BEND, IN AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA,AMENDING CHAPTER 2, ARTICLE 14 OF THE SOUTH BEND MUNICIPAL CODE BY DELETING SECTIONS 2-169,2-170.2,2-170.3, 2-170.4,2-170.5, AND 2-170.6, WHICH ESTABLISHED VARIOUS SPECIAL FUNDS ASSOCIATED WITH THE VENUES, PARKS,AND ARTS DEPARTMENT STATEMENT OF PURPOSE AND INTENT The South Bend Common Council passed Ordinance Nos. 7886-88, 8329-92, 8450-93,and 8750-97 for the purpose of establishing certain non-reverting funds associated with capital improvements and directed revenue expenditures for various facilities maintained by the Venues, Parks, and Arts Department ("VPA"), formerly known as the Public Parks Department. Specifically, Ordinance No. 7886-88 established the East Race Waterway Promotional and Development Fund (Sec. 2-169); Ordinance No. 8329-92 established the Potawatomi Zoo Nonreverting Capital Improvement Fund (Sec. 2-170.2), Municipal Golf Courses Nonreverting Capital Improvement Fund(Sec. 2-170.3), and the Park and Picnic Facilities Nonreverting Capital Improvement Fund (Sec. 2-170.4); Ordinance No. 8450-93 established the Howard Park Ice Rink Nonreverting Capital Improvement Fund (Sec. 2-170.5); and Ordinance No. 8750-97 established the Recreation Department Nonreverting Fund (Sec. 2-170.6). Following a presentation by the Administration and Finance Department in anticipation of the Common Council's deliberations on the City's 2019 budget, the Common Council has determined that these decades-old, non-reverting funds are unnecessary from a budgetary perspective, adding only a needless level of complexity to the City's accounting and budget process. Instead, the monies received by and held in these funds will be more efficiently maintained for ongoing City operations if combined into the general Parks & Recreation Fund (No. 201), which will allow for clearer accounting and budgeting for staff and stakeholders. Within the City's financial structure, Fund 203 Recreation Non-Reverting and Fund 405 Park Non-Reverting Capital will be retired and the balances transferred to Fund 201 Parks & Recreation. Fund 201 will continue to support capital improvements, and this change will have no detrimental effect on the levels of service provided at the various facilities maintained by VPA. NOW,THEREFORE,BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: Section I. Ordinance No. 7886-88, passed by the Common Council on July 11, 1988; Ordinance No. 8329-92, passed by the Common Council on December 14, 1992; Ordinance No. 8450-93, passed by the Common Council on December 13, 1993; and Ordinance No. 8750-97, passed by the Common Council on January 13, 1997, are hereby repealed in their entirety. Section II. Chapter 2, Article 14, Section 2-169, of the South Bend Municipal Code shall be deleted in its entirety and reserved for future use. Section III. Chapter 2, Article 14, Section 2-170.2, of the South Bend Municipal Code shall be deleted in its entirety and reserved for future use. Section IV. Chapter 2, Article 14, Section 2-170.3, of the South Bend Municipal Code shall be deleted in its entirety and reserved for future use. Section V. Chapter 2,Article 14, Section 2-170.4,of the South Bend Municipal Code shall be deleted in its entirety and reserved for future use. Section VI. Chapter 2, Article 14, Section 2-170.5, of the South Bend Municipal Code shall be deleted in its entirety and reserved for future use. Section VII. Chapter 2, Article 14, Section 2-170.6, of the South Bend Municipal Code shall be deleted in its entirety and reserved for future use. Section VIII. This Ordinance shall be in full force and effect after its adoption by the Common Council, approval by the Mayor, and any publication required by law. Tim Scott, Council President South Bend Common Council Attest: Kareemah N. Fowler, City Clerk Office of the City Clerk Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the City of South Bend, Indiana on the day of , 2018, at o'clock . m. Kareemah N. Fowler, City Clerk Office of the City Clerk Approved and signed by me on the day of , 2018, at o'clock .m. Pete Buttigieg, Mayor City of South Bend, Indiana