Financial Management Services

Staff recommends recognizing $22.16 million in FY2026 unrestricted interest income in the General Fund and allocating it to health insurance and risk reserves, a community arts building project, and a forgivable affordable-housing loan. The report discusses interest-income projections and other related fund, reserve, settlement, and project amounts.

FY26 Interest Income Allocation - Brady Kirk, FWLab Assistant Finance Director and Kate Perry, Financial Management Services Assistant Finance Director

Authorizes expansion and extension of the City’s General Purpose Commercial Paper Notes program and related refunding bond authority, along with a budget amendment and appropriation ordinance.

…Paper Program Increase Date: 08/11/26 M&C File Number: M&C 26-0563 Department: Financial Management Services Subject (ALL) Adopt Ordinance Authorizing Extension of the Maximum Maturity Dat…

Authorizes an amendment to CSC No. 64199 with Stryker Sales, LLC for emergency medical equipment, increasing annual spending authority by $167,500 to up to $3,775,500 for the current term. The added funding reflects a donation to the Police Department from the American Heart Association.

…er Sales, LLC EC Police Date: 08/11/26 M&C File Number: M&C 26-0663 Department: Financial Management Services Subject (ALL) Authorize Execution of an Amendment to a Cooperative Contract wit…

Appropriates funds reallocated from the General Debt Service Fund to the Culture and Tourism Debt Service Fund to properly account for cash defeasance of a portion of the Series 2020 bonds.

…neral Obligations Bonds Date: 08/11/26 M&C File Number: M&C 26-0755 Department: Financial Management Services Subject (ALL) Adopt Ordinance Appropriating $1,800,000.00 to the Culture and To…

Authorizes a one-year agreement with Civic Solutions Partnership, LLC to prepare an updated economic development strategic plan for the Economic Development Department.

…elopment Strategic Plan Date: 08/11/26 M&C File Number: M&C 26-0752 Department: Financial Management Services Subject (ALL) Authorize Execution of an Agreement with Civic Solutions Partners…

Authorizes up to $104 million in Series 2026 Combination Tax and Revenue Certificates of Obligation for identified capital projects, related appropriations, and amendments to the 2026-2030 Capital Improvement Program.

…Obligation Series 2026 Date: 08/11/26 M&C File Number: M&C 26-0748 Department: Financial Management Services Subject (ALL) Adopt Ordinance Authorizing Issuance and Sale of Series 2026 Comb…

Appropriates additional Risk Financing Fund resources from available net position to repair City facilities damaged in the April 2026 hailstorm. Repairs include damage to roofs, exteriors, windows, and other property components.

…Appropriation Risk Fund Date: 08/11/26 M&C File Number: M&C 26-0652 Department: Financial Management Services Subject (ALL) Adopt Appropriation Ordinance increasing appropriations in the Ri…

Authorizes issuance and sale of up to $105 million in General Purpose Bonds, Series 2026, to fund 2022 bond-program projects and issuance costs. It also appropriates bond proceeds for issuance costs and delegates bond-sale authority to designated officials.

…urpose Bond Series 2026 Date: 08/11/26 M&C File Number: M&C 26-0573 Department: Financial Management Services Subject (ALL) Adopt Ordinance Authorizing Issuance and Sale of City of Fort Wor…

Authorizes Special Assessment Revenue Bonds, Series 2026, for Veale Ranch PID Improvement Areas 4 and 5 to finance authorized district improvements, interest, reserves, administration, and issuance costs. The item also updates the service and assessment plan and approves related bond documents.

…venue Bonds Series 2026 Date: 08/11/26 M&C File Number: M&C 26-0560 Department: Financial Management Services Subject (ALL) Adopt Ordinance Authorizing Issuance and Sale of the City of Fort…