G-09-10-22-10C4 - 10/22/2009ORDINANCE NO. 4-01-10-21.- (OG4
AN ORDINANCE ADOPTING A BUDGET FOR THE PARKS
IMPROVEMENT AND ACQUISITION ACCOUNT FOR THE
2009-2010 FISCAL YEAR.
WHEREAS, in §1.1711 of the Round Rock Code of Ordinances,
the City Council established the Parks Improvement and
Acquisition Account in which to deposit donations earmarked for
park improvements, in addition to payment of cash in lieu of
land from developers and subdivisions, and
WHEREAS, expenditures from the Parks Improvement and
Acquisition Account are to be used exclusively for improvement
of existing and future parks and for the acquisition of land for
future parks, and
WHEREAS, the Parks and Recreation Department has submitted
a proposed budget for the Parks Improvement and Acquisition
Account for fiscal year 2009-2010, and
WHEREAS, the City Council wishes to approve said proposal,
Now Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS:
That the budget for the Parks Improvement and Acquisition
Account 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
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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 el" day of
4064D , 2009.
READ, APPROVED and ADOPTED on second reading this the
day of la— , 2009.
ATTEST:
SARA L. WHITE, City Secretary
ALAN MCGRAW, Mayor
City of Round Rock, Texas
2
City of Round Rock
Parks Improvement & Acquisition Fund #520
2009-2010 Proposed Budget
Description of Item
08-09 08-09 09-10
Approved Estimated Proposed
Budget Actual Budget
Estimated Fund Balance 10/1/09
Less: Ball field Reserves
$136,118
(13,612)
122,506
$136,118
(13,612)
$155,462
(15,546)
122,506 139,916
REVENUES:
Sports League Fees 7,000 6,700 7,000
Interest Income 27,000 7,639 7,500
Donations/Contributions - Developers 406,132 226,735 319,819
Field Enhancements 0 5,005 0
Total Revenues 440,132 246,079 334,319
Total Funds Available 562,638 368,585 474,235
EXPENDITURES:
Parkland Development
Parkland Development 406,132 226,735 319,819
Total Expenditures 406,132 226,735 319,819
Estimated Unreserved Fund Balance 9/30/10 $156,506 $141,850 $154,416
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EXHIBIT
DATE: October 15, 2009
SUBJECT: City Council Meeting — October 22, 2009
ITEM: *10C4. Consider an ordinance adopting the FY 2009-2010 Parks Improvement and
Acquisition Account Budget. (Second Reading)
Department: Finance
Staff Person: Cheryl Delaney, Finance Director
Rick Atkins, Parks and Recreation Director
Justification:
This fund accounts for specific revenues generated from parks and recreation related activities.
Funding:
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Background Information:
This fund accounts for the collection and expenditure of fees from two specific parks and recreation
related sources: sports league teams fees used for the improvement of facilities; and park development
fees collected from developers of subdivisions who choose to provide cash in lieu of designating
parkland. These funds are restricted based on guidelines provided in the subdivision ordinance. This
fund also accounts for any specific donations the City may receive related to Parks improvements.
Public Comment: N/A