Loading...
G-09-09-24-10D1 - 9/24/2009ORDINANCE NO. 061'01-1.4-,10'D I AN ORDINANCE AMENDING THE 2008-2009 TREE FUND BUDGET. WHEREAS, the City Council has previously adopted a 2008- 2009 008- 2009 Tree Fund Budget, and WHEREAS, the City Council wishes to amend said budget in accordance with the attached revised budget, Now Therefore BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the 2008-2009 Tree Fund Budget is amended as set forth in 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 1015 day of —W4(A4A1L2.-e. , 2009. READ, APPROVED and ADOPTED on second reading this the day of 2009. ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: SARA L. WHITE, City Secretary 0:\wdox\SCC1nts\0112\0905\MUNICIPAL\090910D1.DOC/rmc City of Round Rock Tree Replacement Fund #610 2008-2009 Revised Budget DESCRIPTION OF ITEM 08-09 08-09 07-08 Approved Revised Actual Budget Budget Fund Balance 10/1/08 Less: Departmental Reserves REVENUES: Tree replacement fees Donations/Contributions Interest Income Total Revenues Total Funds Available EXPENDITURES: Tree Planting Sub Total Total Expenditures $388,111 (38,811) 349,300 $788,440 (78,844) $788,440 (78,844) 709,596 709,596 402,900 50,000 50,000 1,225 500 500 21,194 20,000 20,000 425,319 70,500 70,500 774,619 780,096 780,096 24,990 250,000 315,870 24,990 250,000 315,870 24,990 250,000 315,870 Estimated Unreserved Fund Balance 9/30/09 $749,629 $530,096 $464,226 EXHIBIT DATE: September 17, 2009 SUBJECT: City Council Meeting — September 24, 2009 ITEM: *10D1. Consider an ordinance amending the 2008-2009 Tree Fund Budget. (Second Reading) Department: Finance Staff Person: Cheryl Delaney, Finance Director Emsud Horozovic, Forestry Manager Justification: The FY 2008-2009 Tree Fund Budget contains $250,000 allocated to projects for Old Settlers Park. The projects at Old Settlers Park have been completed, and total expenditures for those approved projects were $192,400. This budget revision would reallocate the remaining $57,600 in the current budget toward the $123,470 Southwest Downtown Improvement project designated for planting trees. In addition, we are requesting the FY 2008-2009 budget be increased by $65,870, to complete this portion of the Southwest Downtown Improvement project during FY 2008-2009. Funding: Cost: N/A Source of funds: Tree Fund Outside Resources: N/A Background Information: This budget amendment designates available cash from fiscal year 2008-2009 Tree Fund budget to fund the planting of trees associated with the Southwest Downtown Improvement project and would increase the total expenses of the Tree Fund in FY 2008-2009 from $250,000 to $315,870. Public Comment: N/A