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G-09-10-22-10C2 - 10/22/2009ORDINANCE NO. �(� 0' 22--1007--• AN ORDINANCE ADOPTING THE BUDGET FOR THE TREE FUND FOR THE 2009-2010 FISCAL YEAR. WHEREAS, in §3.116 of the Round Rock Code of Ordinances (1995 Edition) the City Council established the Tree Fund to be used solely for the purpose of purchasing and installing trees on public rights-of-way, public parks land or any other city - owned property, and for administering the Tree Fund, and WHEREAS, the Parks and Recreation Department has submitted a proposed budget for the Tree Fund for fiscal year 2009-2010, and WHEREAS, the City Council wishes to approve said budget, Now Therefore BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That the Tree Fund budget submitted by the Parks and Recreation Department for fiscal year 2009-2010, attached hereto as Exhibit "A", is hereby approved. 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. 0:\wdox\SCC1nts\0112\0905\MUNICIPAL\091008133.DOC/rmc READ and APPROVED on first reading this the g'ni_ day of , 2009. READ, APPROVED and ADOPTED on second reading this the 2 '" d—day of ATTEST: (104AR SARA L. WHITE, City Secretary , 2009. ALAN MCGRAW, Mayor City of Round Rock, Texas 2 City of Round Rock Tree Replacement Fund #610 2009-2010 Proposed Budget DESCRIPTION OF ITEM 08-09 08-09 09-10 Approved Estimated Proposed Budget Actuals Budget Fund Balance 10/1/09 Less: Departmental Reserves REVENUES: Tree replacement fees Donations/Contributions Interest Income Total Revenues $788,440 (78,844) 709,596 $788,440 (78,844) $573,311 (57,331) 709,596 515,980 50,000 89,550 50,000 500 5,535 500 20,000 5,656 5,700 70,500 100,741 56,200 Total Funds Available 780,096 EXPENDITURES: Tree Planting Sub Total 315,870 315,870 Total Expenditures 315,870 810,337 572,180 315,870 350,000 315,870 350,000 315,870 350,000 Estimated Unreserved Fund Balance 9/30/10 $464,226 $494,467 $222,180 EXHIBIT 1 a J. IIA II DATE: October 15, 2009 SUBJECT: City Council Meeting — October 22, 2009 ITEM: *10C2. Consider an ordinance adopting the FY 2009-2010 Tree Replacement Fund Budget. (Second Reading) Department: Finance Staff Person: Cheryl Delaney, Finance Director Emsud Horozovic, Forestry Manager Justification: Funding will be used to plant approximately 700 trees on public properties throughout the City. Funding: Cost: N/A Source of funds: N/A Outside Resources: N/A Background Information: The Tree Fund was established to provide for mitigation of trees removed during the development process. Trees that cannot be replaced on site due to the limitation of planting space can be planted offsite on public land by paying into the tree fund. In addition, donations for public tree planting are also deposited in this fund. This budget allows available funds to be expended for the planting of trees in the parks and other city owned property. Public Comment: N/A