From
Andrew Fortune
Title
Ordinance amending the FY 2019/2020 Capital Improvement Projects Fund; Inter-local Agreement for Cost Sharing of Sales Tax Advocacy & Consultation from Castle Group, a coalition of cities, in an amount not to exceed $150,000, with an expiration date of June 1, 2021
Presenter
Andrew Fortune, Manager of Legislative Affairs
Recommended Action
Approve
Analysis
This contract will be used to advocate against the sales tax sourcing issues currently being considered by the Texas Comptroller’s office. This is a collective effort among multiple cities, and the cost of consultants and expenses is ultimately shared between participating cities based on a per capita share.
To date, the Castle Group has hired consultant services and analysis on the impacts of Rule Change 3.334. This rule change has the ability to negatively impact Grand Prairie financially.
Financial Consideration
Funding for an Interlocal Agreement for Sales Tax Advocacy & Consultation from Castle Group, in an amount not to exceed $150,000, is available by approving an ordinance transferring and appropriating from the unobligated fund balance in the Capital Reserve Fund (402590), WO #02015403 (Castle Group).
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, AMENDING THE FY 2019/2020 CAPITAL IMPROVEMENT PROJECTS BUDGET BY TRANSFERRING AND APPROPRIATING $150,000 FROM THE UNOBLIGATED FUND BALANCE IN THE CAPITAL RESERVE FUND (402590), WO #02015403 (CASTLE GROUP)
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS;
SECTION 1. THAT the FY 2019/2020 Capital Improvement Projects Budget be amended by transferring and appropriating $150,000 from the unobligated fund balance in the Capital Reserve Fund (402590), WO #2015403 (Castle Group).
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 18TH DAY OF AUGUST, 2020.