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G-09-11-12-9C1 - 11/12/2009ORDINANCE NO. 4-01-tt-1-2,-.16-1 AN ORDINANCE ADOPTING AMENDMENT NO. 2 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 224 day of 2009. READ, APPROVED and ADOPTED on second reading this the r-4 day of JVf-44/-) 'y , 2009. 0:\wdox\SCC1nts\0112\0905\MUNICIPAL\091022C5.DOC/rmc ATTEST: c511,1,c, frtAthe SARA L. WHITE, City Secretary Yin. ALA1Q MCGRAW, Mayor City of Round Rock, Texas 2 Budget Revision #2 Fiscal Year 2008-2009 GENERAL FUND City of Round Rock, Texas 2008-2009 2008-2009 Revised Revised Budget #1 Budget #2 Variance Revenues $ 87,148,274 $ 85,217,874 $ (1,930,400) Expenditures (86,125,615) (84,195,215) 1,930,400 Total Change in Fund Balance $ 1,022,659 $ 1,022,659 $ UTILITY FUND Revenues $ 35,916,000 $ 35,916,000 $ Operating Expenditures (35,688,854) (35,688,854) Change in Operations 227,146 227,146 Transfer to Self Financed Construction $ - Change in Working Capital $ 227,146 $ 227,146 $ 10/15/2009 EXHIBIT nAn 1 Budget Revision #2 Fiscal Year 2008-2009 GENERAL FUND Revenues DEPARTMENT City of Round Rock, Texas 2008-2009 2008-2009 Revised Revised Budget #1 Budget #2 Variance $ 87,148,274 $ 85,217,874 $ (1,930,400) Administration - 12 $ (2,226,167) $ (2,140,782) $ (85,385) Legal Services - 13 (1,156,700) (956,700) (200,000) Planning - 14 (1,682,003) (1,612,014) (69,989) Information Technology - 15 (1,876,067) (1,876,067) 0 Building Inspections - 16 (883,521) (809,738) (73,783) Finance - 17 (1,732,925) (1,479,192) (253,733) Purchasing - 18 (596,359) (577,959) (18,400) General Services - 19 (13,002,270) (11,990,270) (1,012,000) Library - 20 (2,475,777) (2,340,853) (134, 924) Police - 21 (22,131, 997) (21,468, 997) (663, 000) Fire - 22 (12,881,128) (12,380,905) (500,223) Parks & Recreation - 23 (9,394,756) (8,842,511) (552,245) Human Resources - 24 (1,068,340) (952,790) (115,550) Engineering & Dev. Svcs. - 25 (3,632,614) (3,394,318) (238,296) Street - 26 (8,620,349) (7,810,216) (810,133) Transportation - 27 (907,048) (759,166) (147,882) City Shop - 28 (1,106,590) (1,065,927) (40,663) Municipal Court - 29 (751,003) (715,453)35,550 General Government - Transfer ( ) (3,021,356) 3,021,356 Total Expenditures $ (86,125,615) $ (84,195,215) $ (1,930,400) 10/28/2009 2 Budget Revision #2 Fiscal Year 2008-2009 UTILITY FUND Revenues DEPARTMENT City of Round Rock, Texas 2008-2009 2008-2009 Revised Revised Budget #1 Budget #2 $ 35,916,000 $ 35,916,000 $ 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) (3,677,869) 225,000 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) (3,934,100) (225,000) General Government - Other Total Expenditures $ (35,688,854) $ (35,688,854) $ Variance 10/15/2009 3 Budget Revision #2 Fiscal Year 2008-2009 General Fund - Effect of the revision on fund balance: Fund Balance 10/01/08 Less Reserves (*1) City of Round Rock, Texas $ 40,685,364 (29,434,421) Estimated Revenue (FY 2008-2009) 83,527,874 Interfund Transfers 1,690,000 Total Funds Available 96,468,817 Budgeted Expenditures (84,195,215) Estimated Unreserved Fund Balance 9/30/09 $ 12,273,602 *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 $ 20,204,006 Less Reserves (*1) (12,847,987) Estimated Revenue (FY 2008-2009) 35,916,000 Interfund Transfers (2,566,000) Total Funds Available 40, 706, 019 Budgeted Expenditures (33,122,854) Estimated Working Capital 9/30/09 $ 7,583,165 (*2) *1 Reserves are established in accordance with operating reserve policies. *2 Funds are designated for Capital Improvements to the Utility System. 10/15/2009 4 General Fund Revenue Adjustments Sales Tax Franchise Fees City of Round Rock Budget Revision #2 Fiscal Year 2008-2009 Summary of Significant Adjustments FY 2009 Explanation Building Permits/Inspections/Fees Rental Income Facility Rentals Interest Income Recreation Fees Mixed Drink Tax PD Special Events Reimbursement Red Light Camera Fines Fire Protection Fees Grant Proceeds ($3,250,000) Reduction in sales tax revenues 435,800 Additional provider, more growth in customers (218,500) Less construction than anticipated 64,100 Rental from Lease space at 231 E. Main 65,800 Revenues above original estimates Projection based on estimated amount available to invest, 455,500 previous performance and market changes (229,800) Reduction in program revenues collected Revenues above original estimates 172,900 Accounting change (288,000) Delay in start of program 135,900 FTA Reimbursement Miscellaneous Total Revenue Adjustments - General Fund Expenditure Adjustments: Salary Savings Contractual Services Savings Materials and Supplies Savings Other Services Savings Capital Outlay Deferrals Dell Program Payment 2009 Capital Spending Plan Transfer Total Expenditure Adjustments - General Fund Utility Fund Revenue Adjustments: Water Sales Total Revenue Adjustments - Utility Fund Expenditure Adjustments: Power & Light BCRUA Obligations Total Expenditure Adjustments - Utility Fund 402,000 (141,000) 464,900 $ (1,930,400) ESD #9 contract - based on property values Reimbursements for Hurricane Ike FTA Reimbursement for CARTS & Transit reduced to 40% for certain classifications of riders TXU settlements, insurance proceeds, and other miscellaneous revenues collections above projections $ (1,704,123) Primarily due to vacancy savings from unfilled positions Reductions in contracted and professional services, and delay in $ (1,055,037) Red Light Camera program Reductions in budgeted fuel costs, deferrals of computer $ (563,259) replacements, and other savings of supplies Reductions in budgeted travel and training expenses, IKEA program payment, and other miscellaneous expenditures below $ (445,638) budgeted amounts Deferral of various status quo capital replacements including 9 vehicles, other equipment and machinery, and building (551,699) improvements (632,000) Dell Program Payment not earned Allocate Fund for strategic projects through 2009 Capital 3,021,356 Spending Plan $ (1,930,400) - Higher than budgeted revenues $ 225,000 Higher than budgeted expenses (225,000) Lower expenses than budgeted DATE: November 5, 2009 SUBJECT: City Council Meeting — November 12, 2009 ITEM: *9C1. Consider an ordinance adopting Amendment No. 2 to the FY 2008-2009 Operating Budget. (Second Reading) Department: Staff Person: Justification: Finance Cheryl Delaney, Finance Director This budget revision will allocate departmental savings from the FY 2008-2009 budget. $1.2M will be allocated to the FY 09-10 General Fund budget to be used to purchase identified capital equipment needs, the remainder will be allocated to the Self -Financed Construction Fund for projects to be approved by Council. Strategic Pian Relevance: Goal 8.0 — Maintain and enhance public confidence, satisfaction and trust in City Government. Funding: Cost: N/A Source of funds: General Fund/Water/Wastewater Utility Fund Outside Resources (if applicable): Public Comment (if applicable):