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G-09-08-27-8A2 - 8/27/2009ORDINANCE NO. GA, oa- —?Az - AN ORDINANCE ADOPTING AMENDMENT NO. 1 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2008-2009. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That the operating budget for the City of Round Rock, Texas for Fiscal Year 2008-2009 is hereby revised for municipal purposes pursuant to §102.010, Local Government Code and in accordance with the proposal submitted to the Council by the City Manager, which proposal is attached hereto as Exhibit "A" and is incorporated into this ordinance by reference for all purposes. The City Secretary is directed to file a certified copy of this ordinance along with a true copy of the attached revised budget with the County Clerk of Williamson County, Texas. 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 15 day of , 2009. nREAD, APPROVED and ADOPTED on second reading this the -;1 day of Mr -6i—, 2009. 0:Awdox\SCC15tsV0112V0905\MUNICIPALV09C813C2. DOC/rm; ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: AL• SARA L. WHITE, City Secretary Budget Revision #1 Fiscal Year 2008-2009 General Fund - Effect of the revision on fund balance: City of Round Rock, Texas Fund Balance 10/01/08 $ 40,685,364 Less Reserves ( *1) (30,071,453) Estimated Revenue (FY 2008-2009) 85,458,274 Interfund Transfers 1,690,000 Total Funds Available 97,762,185 Budgeted Expenditures (86,125,615) Estimated Unreserved Fund Balance 9/30/09 $ 11,636,570 *1 Reserve requirements established in accordance with operating reserve policies. Utility Fund - Effect of the revision on working capital: Estimated Working Capital 10/01/08 $ 24,619,442 Less Reserves ( *1) (12,847,987) Estimated Revenue (FY 2008-2009) 35,916,000 Interfund Transfers (2,566,000) Total Funds Available 45,121,455 Budgeted Expenditures (33,122,854) Estimated Working Capital 9/30/09 $ 11,998,601 (*2) *1 Reserves are established in accordance with operating reserve policies. *2 Funds are designated for Capital Improvements to the Utility System. 7/22/2009 EXHIBIT tie 4 Budget Revision #1 Fiscal Year 2008-2009 GENERAL FUND City of Round Rock, Texas 2008-2009 2008-2009 Original Revised Budget Budget #1 Variance Revenues $ 86,128,274 $ 87,148,274 $ 1,020,000 Expenditures (86,125,615) (86,125,615) 0 Total Change in Fund Balance $ 2,659 $ 1,022,659 $ 1,020,000 UTILITY FUND Revenues $ 35,736,000 $ 35,916,000 $ 180,000 Operating Expenditures (35,688,854) (35,688,854) Change in Operations 47,146 227,146 180,000 Transfer to Self Financed Construction $ - - Change in Working Capital $ 47,146 $ 227,146 $ 180,000 7/22/2009 1 Budget Revision #1 Fiscal Year 2008-2009 GENERAL FUND Revenues DEPARTMENT City of Round Rock, Texas 2008-2009 2008-2009 Original Revised Budget Budget #1 Variance $ 86,128,274 $ 87,148,274 $ 1,020,000 Administration - 12 $ (2,226,167) $ (2,226,167) $ 0 Legal Services - 13 (1,156,700) (1,156,700) 0 Planning - 14 (1,682,003) (1,682,003) 0 Information Technology - 15 (1,876,067) (1,876,067) 0 Building Inspections - 16 (883,521) (883,521) 0 Finance - 17 (1,732,925) (1,732,925) 0 Purchasing - 18 (596,359) (596,359) 0 General Services - 19 (13,002,270) (13,002,270) 0 Library - 20 (2,475,777) (2,475,777) 0 Police - 21 (22,131,997) (22,131,997) 0 Fire - 22 (12,881,128) (12,881,128) 0 Parks & Recreation - 23 (9,394,756) (9,394,756) 0 Human Resources - 24 (1,068,340) (1,068,340) 0 Engineering & Dev. Svcs. - 25 (3,632,614) (3,632,614) 0 Street - 26 (8,620,349) (8,620,349) 0 Transportation - 27 (907,048) (907,048) 0 City Shop - 28 (1,106,590) (1,106,590) 0 Municipal Court - 29 (751,003) (751,003) 0 General Government - Transfer - 0 0 Total Expenditures $ (86,125,615) $ (86,125,615) $ 0 7/22/2009 2 Budget Revision #1 Fiscal Year 2008-2009 UTILITY FUND Revenues DEPARTMENT City of Round Rock, Texas 2008-2009 2008-2009 Original Revised Budget Budget #1 Variance $ 35,736,000 $ 35,916,000 $ 180,000 Utility Administration - 40 $ (1,101,399) $ (1,101,399) $ Water Treatment Plant - 41 (9,063,267) (9,063,267) Water Systems Support - 42 (3,452,869) (3,452,869) - Water Line Maintenance - 43 (2,426,664) (2,426,664) - Wastewater Treatment Plant - 61 (10,027,724) (10,027,724) - Wastewater Systems Support - 62 (1,733,602) (1,733,602) - Wastewater Line Maintenance - 63 (1,848,607) (1,848,607) - Environmental Services - 64 (565,112) (565,112) Utility Billings & Collections - 81 (1,310,511) (1,310,511) Transfers - 95 (4,159,100) (4,159,100) General Government - Other Total Expenditures $ (35,688,854) $ (35,688,854) $ 0 7/22/2009 3 DATE: August 19, 2009 SUBJECT: City Council Meeting—August 27, 2009 ITEM: *8A2. Consider an ordinance adopting Amendment No. 1 to the FY2008-2009 Operating Budget. (Second Reading) Department: Staff Person: Justification: Finance Cheryl Delaney, Finance Director Designates additional funding transferred from the Self-funded Health Insurance fund. Funding: Cost: N/A Source of funds: N/A Outside Resources: N/A Background Information: This budget amendment allocates $1.2M of available cash from the Self-funded Health Insurance fund to the Operating Budgets to partially fund the City's portion of full -rate contributions to the Texas Municipal Retirement System. These available funds are provided primarily due to costs being less than the amounts contributed to the fund by the City. Public Comment: N/A