G-10-09-23-9B3 - 9/23/2010ORDINANCE NO. GOO' 69' 74 �3
AN ORDINANCE ADOPTING THE HOTEL OCCUPANCY TAX
BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR
2010-2011.
WHEREAS, the City of Round Rock collects a seven (7) percent hotel occupancy tax on
hotel rooms, and
WHEREAS, V.T.C.A., Tax Code Section 351.101(a) states, "Revenue from the
municipal hotel occupancy tax may be used only to promote tourism and the convention and
hotel industry," and Section 351.101(b) states, "Revenue derived from the tax authorized by this
chapter shall be expended in a manner directly enhancing and promoting tourism and the
convention and hotel industry," and
WHEREAS, in developing the 2010-2011 Hotel Occupancy Tax Budget, the City Council
has taken into consideration City -sponsored items which promote tourism, and
WHEREAS, a proposed 2010-2011 budget for Hotel Occupancy Tax funds is attached
as Exhibit "A" which provides for expenditure of the funds in a manner that complies with
statutory requirements and Section 1.1809 of the City Code (1995 Edition), Now Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS:
That the attached 2010-2011 Hotel Occupancy Tax Budget is hereby approved and the
disbursements shown thereon are hereby authorized.
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.
O:\wdox\SCC1nts\0112\ 1005\MUNICIPAL\00201258. DOC/rmc
READ and APPROVED on first reading this the l' day of Ceird4CAltA ,
2010.
READ, APPROVED and ADOPTED on second reading this the 1.04S day of
STIPietevi , 2010.
ATTEST:
SARA L. WHITE, City Secretary
ALAN MCGRAW, Mayor
City of Round Rock, Texas
2
City of Round Rock
Hotel Occupancy Tax Fund #710
2010- 2011 Budget
Revenues
Hotel -Motel Occupancy Tax
Interest Income
Miscellaneous Revenue
Total Revenues
Expenditures
$
2,458,225 $
29,793
10,260
2,200,000 $
50,000
0
2,200,000
15,000
0
2,498,278 2,250,000 2,215,000
Event & Tourism Funding
Festivals & Events Advertising 20,377 25,500 25,500
Arts Support 16,000 38,000 44,000
Tourism Support 495 0 0
Museum Support 0 0 0
Total Event & Tourism Funding 36,872 63,500 69,500
Convention & Visitors Bureau
Personnel 243,075 303,125 305,398
Contractual Services 195,125 241,135 244,271
Materials & Supplies 19,871 27,643 25,325
Other Services & Charges 98,044 200,500 200,500
Capital Outlay 0 0 0
Total Convention & Visitors Bureau 556,115 772,403 775,494
Total Operating Expenditures 592,987 835,903 844,994
Capital Projects
Transfer to Capital Projects Fund 500,000 425,000 360,000
Total Transfer to Capital Projects 500,000 425,000 360,000
Convention Center
Property Insurance 35,000 50,000 50,000
Contingency and Trustee Fees 4,105 45,000 45,000
Transfer to Reserve Fund at Trustee Bank 0 0 0
Transfer to Debt Svc. Fund at Trustee Bank 530,000 716,000 715,000
Transfer Capital Repair at Trustee Bank 36,000 75,000 100,000
Transfer to Conv. Center Revenue 0 0 0
Transfer to Stadium Expansion Fund
Transfer to Capital Improvement Fund 100,000 100,000 100,000
Total Convention Center 705,105 986,000 1,010,000
Total Expenditures $ 1,798,092 $ 2,246,903 $ 2,214,994
EXHIBIT
„A„
ROUND ROCK, TEXAS
PURPOSE. PASSION. PROSPERITY
Agenda Item No. 9B3.
City Council Agenda Summary Sheet
Consider an ordinance adopting the 2010 — 2011 Hotel Occupancy Tax Budget for the City
Agenda Caption: of Round Rock. (Second Reading)
Meeting Date: September 9, 2010
Department: Finance
Staff Person making presentation: Cheryl Delaney
Finance Director
Item Summary:
The Hotel/Motel Budget includes operating expenditures associated with the Convention & Visitors Bureau, special
event funding and debt service for Dell Diamond/United Heritage Convention Center Complex.
The Hotel/Motel Fund is used to collect for the levy and use of the hotel -motel bed tax. Proceeds from this tax are
to be used toward the promotion of tourism and the convention and hotel industry in the City.
Strategic Plan Relevance:
8.0 — Maintain and enhance public confidence, satisfaction and trust in City Government
Cost:
Source of Funds:
N/A
N/A
Date of Public Hearing (if required): N/A
Recommended Action: Adoption