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G-08-10-23-11A1 - 10/23/2008ORDINANCE NO. 3'11A- AN '!i/) AN ORDINANCE ADOPTING A BUDGET FOR THE LIBRARY FUND FOR THE 2008-2009 FISCAL YEAR. WHEREAS, the Library Fund was created to purchase various library materials with donations from library patrons, and WHEREAS, the City Council wishes to adopt a budget for fiscal year 2008-2009, Now Therefore BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That a budget for fiscal year 2008-2009 for the Library Fund is hereby approved and adopted 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 Ordinance was adopted was posted and that such meeting was open to the public as required by law at all times during which this Ordinance 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. READ and APPROVED on first reading this the 91-S day of , 2008. '',,READ, APPROVEDIand ADOPTED on second reading this the V Y/ ' day of a/i4 L 'C1(-- SARA L. WHITE, City Secretary O:\WDOX\ORDINANC\081009C2.DOC/rmc , 2008. )11 ALAN MCGRAW, Mayor City of Round Rock, Texas City of Round Rock Library Fund #800 2008-2009 Proposed Budget DESCRIPTION OF ITEM 07-08 07-08 08-09 Approved Estimated Proposed Budget Actual Budget Estimated Fund Balance 10/1/08 Less: Departmental Reserves REVENUES: Interest Income Library Donations Total Revenues $14,815 $14,815 $15,248 (1,480) (1,480) (1,500) 13,335 13,335 13,748 500 290 300 3,000 308 300 3,500 598 600 Total Funds Available 16,835 13,933 14,348 EXPENDITURES: Fiction Books & Materials 5,000 165 3,000 Total Expenditures 5,000 165 3,000 Estimated Unreserved Fund Balance 9/30/09 $11,835 $13,768 $11,348 EXHIBIT DATE: October 16, 2008 SUBJECT: City Council Meeting — October 23, 2008 ITEM: *11A1. Consider an ordinance adopting the Library Fund Budget for FY 2008- 2009. (Second Reading) Department: Finance Staff Person: Cheryl Delaney, Assistant Finance Director Dale Ricklefs, Library Director Justification: Donations from library patrons are used to purchase various library materials. Funding: Cost: N/A Source of funds: N/A Outside Resources: N/A Background Information: This fund accounts for donations by patrons of the library for various book and videos to be purchased and housed in the Library. Public Comment: N/A