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R-2014-1807 - 9/25/2014 RESOLUTION NO. R-2014-1807 WHEREAS, the Library Fund was created to purchase various library materials with donations from library patrons; and WHEREAS, the City Council wishes to approve a budget for fiscal year 2014-2015, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That a budget for fiscal year 2014-2015 for the Library Fund is hereby approved in accordance with Exhibit "A", attached hereto and incorporated herein. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 25th day of September, 2014. ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: SW /l SARA L. WHITE, City Clerk 0112.1404;00311267 1 EXHIBIT i City of Round Rock Library Fund #800 2014-2015 Budget 13-14 13-14 14-15 Approved Estimated Proposed — DESCRIPTION OF ITEM Budget Actual Budget Estimated Fund Balance 10/1/13 $ 9,579 $ 10,530 $ 13,132 Less: Departmental Reserves (958) (1,053) (1,313) 8,621 9,477 11,819 REVENUES: Interest Income 10 2 10 Library Donations 4,000 3,000 3,000 Total Revenues 4,010 3,002 3,010 Total Funds Available 12,631 12,479 14,829 EXPENDITURES: Journals 1,550 0 0 Supplies 0 0 1,400 Fiction collection 2,000 400 500 Non-fiction collection 2,000 0 500 Total Expenditures 5,550 400 2,400 Estimated Unreserved Fund Balance 9/30/14 $ 7,081 $ 12,079 $ 12,429