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24-R-44 SSLGC-Midyear Budget Amendment FY 2023-2024RESOLUTION NO. 24-R-44 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING THE SCHERTZ SEGUIN LOCAL GOVERNMENT CORPORATION (SSLGC) MIDYEAR BUDGET AMENDMENT FOR FISCAL YEAR 2023-2024. WHEREAS, the Schertz Seguin Local Government Corporation (SSLGC) is a corporation for the provision of and transportation of water wholly owned by both the City of Schertz and the City of Seguin; and WHEREAS, SSLGC by-laws require that the corporation establish an annual budget and said annual budget must be approved by the SSLGC Board of Directors and both the City of Schertz and the City of Seguin; and WHEREAS, the SSLGC's FY2023-2024 Annual Budget was approved by City Council; and WHEREAS, the proposed budget amendment for FY 2023-2024 has been approved by the SSLGC Board of Directors at their regularly scheduled Board Meeting on March 21, 2024 as depicted in Exhibit A ("Resolution # SSLGC R24-08") and attached hereto; and WHEREAS, the City staff of the City of Schertz (the "City") recommends that the City Council approve the Schertz Seguin Local Government Corporation Fiscal Year 2023-2024 Midyear Budget Amendment; and WHEREAS, the City Council has determined that it is in the best interest of the City to approve the budget amendment to ensure that the citizens and businesses of Schertz continue to receive excellent and vital water service. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS THAT: Section 1. The City Council hereby authorizes the approval of the Schertz Seguin Local Government Corporation Fiscal Year 2023-2024 Amended Annual Budget as per Exhibit «A„ Section 2. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a part of the judgment and findings of the City Council. Section 3. All resolutions, or parts thereof, which are in conflict or inconsistent with any provision of this Resolution are hereby repealed to the extent of such conflict, and the provisions of this Resolution shall be and remain controlling as to the matters resolved herein. Section 4. This Resolution shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. Section 5. If any provision of this Resolution or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Resolution and the application of such provision to other persons and circumstances shall nevertheless be valid, and the City Council hereby declares that this Resolution would have been enacted without such invalid provision. Section 6. It is officially found, determined, and declared that the meeting at which this Resolution is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Resolution, was given, all as required by Chapter 551, Texas Government Code, as amended. Section 7. This Resolution shall be in force and effect from and after its final passage, and it is so resolved. �Q� PASSED AND ADOPTED, this day of n I , 2024. CITAOFH ' TEXAS Ralz, Mayor 7)) T: Seila Edmon son, City Secr "Exhibit A" SSLGC Resolution # R24-08 RESOLUTION # SSLGC R24-08 A RESOLUTION AMENDING THE FISCAL YEAR 2024 SCHERTZ SEGUIN LOCAL GOVERNMENT CORPORATION BUDGET. NOW, THEREFORE, BE IT RESOLVED THAT THE FISCAL YEAR 2024 SCHERTZ SEGUIN LOCAL GOVERNMENT CORPORATION BUDGET IS AMENDED AS FOLLOWS: Schertz-Seguin Local Government Corporation Operating Fund Amount Increase: Increase: $ 700,000 SSLGC-Operating Fund SSLGC-Operating Fund Intragovernmental Transfers Non -Departmental Transfers to Repair/Replacement Fund Use of Retained Earnings 058-5500-8261000 058-9800-960000 Reason requested: To appropriate additional funds to be transferred to the Repair and Replacement fund to be utilized for repair and replacement project expenditures for pumps and wells and future repairs. Schertz-Seguin Local Government Corporation Repair/Replacement Fund Amount Increase: Increase: $ 355,000 SSLGC-Repair/Replacement Fund SSLGC-Repair/Replacement Fund Intragovernmental Transfers Retained Earnings Transfers from Operating Fund 061-391058 061-297000 Reason requested: Amount To appropriate additional funds to be transferred to the Repair and Replacement fund to be utilized for future repair and replacement project expenditures. Increase: Increase: $ 35,000 SSLGC-Repair/Replacement Fund SSLGC-Repair/Replacement Fund Intragovernmental Transfers Improvements other than Buildings Transfers from Operating Fund Nockenut Erosion Mitigation 061-391058 061-9000-703000 Reason requested: To appropriate funds to be transferred to the Repair and Replacement Fund for the design phase of the Nockenut Erosion Mitigation Project. Amount Increase: Increase: $ 60,000 SSLGC-Repair/Replacement Fund SSLGC-Repair/Replacement Fund Intragovernmental Transfers Improvements other than Buildings Transfers from Operating Fund Booster Pump Station Valve & Vault 061-391058 061-9000-703000 Reason requested: To appropriate additional funds to be transferred to the Repair and Replacement Fund for replacement of the booster pump station valve and vault. Amount Increase: $ 250,000 SSLGC-Repair/Replacement Fund Intragovernmental Transfers Transfers from Operating Fund 061-391058 RESOLUTION # SSLGC R24-08 Increase: SSLGC-Repair/Replacement Fund Improvements other than Buildings Pump & Motors Repair/Replacment 061-9000-703000 Reason requested: To appropriate additional funds to be transferred to the Repair and Replacement Fund for pumps and motors repairs and replacements. Schertz-Seguin Local Government Corporation Impact Fund Amount Increase: $ 60,000 SSLGC Impact Fund Professional Services Impact Fee/CIP Update 065-9000-320500 Increase: SSLGC Impact Fund Non -Departmental Use of Retained Earnings 065-9800-960000 Reason requested: To increase appropriation for the Impact Fee/CIP update due to higher cost than anticipated. Amount Increase: Increase: $ 135,000 SSLGC Impact Fund SSLGC Impact Fund Professional Services Non -Departmental Water Supply Plan Use of Retained Earnings 065-9000-320500 065-9800-960000 Reason requested: To appropriate funds for a Water Supply Plan study. _ Schertz-Seguin Local Government Corporation 2023 Bond Fund Amount Increase: Increase: $2,000,000 SSLGC 2023 Bond Fund Improvements other than Buildings Gonzales Wells 150-9000-703000 $1,000,000 SSLGC 2023 Bond Fund Improvements other than Buildings Rehab Pressure Filter Vessel 150-9000-703000 $1,100,000 SSLGC 2023 Bond Fund Improvements other than Buildings Condition Assessment of Original Pipeline 150-9000-703000 SSLGC 2023 Bond Fund Long Term Debt Proceeds Bond Proceeds 150-393000 SSLGC 2023 Bond Fund Long Term Debt Proceeds Bond Proceeds 150-393000 SSLGC 2023 Bond Fund Long Term Debt Proceeds Bond Proceeds 150-393000 $ 300,000 SSLGC 2023 Bond Fund Improvements other than Buildings Nockenut Erosion Mitigation 150-9000-703000 $ 455,433 SSLGC 2023 Bond Fund Improvements other than Buildings Cowey/Elm Creek Pipeline Project 150-9000-703000 RESOLUTION # SSLGC R24-08 SSLGC 2023 Bond Fund Long Term Debt Proceeds Bond Proceeds 150-393000 SSLGC 2023 Bond Fund Long Term Debt Proceeds Bond Proceeds 150-393000 Reason requested: To appropriate bonds funds received from the 2023 Improvement Bonds. PASSED AND ADOPTED BY THE BOARD OF DIRECTORS OF THE SCHERTZ-SEGUIN LOCAL GOVERNMENT CORPORATION, on this the 21' day of March, 2024. J44h Presi t Sch -Seguin Local Government Corporation ATTEST: J o,--- - 7��aloyn- -z& Secretary Or Assistant Secretary