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G-11-10-27-9D1 - 10/27/2011ORDINANCE NO.(i--[t— ID -2 -'tt4 AN ORDINANCE ADOPTING AMENDMENT NO. 2 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2010-2011. 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 2010-2011 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 6j day of 2011. READ, APPROVED and ADOPTED on second reading this the itiday of ak401.---V" , 2011. ALAN MCGRAW, Mayor ATTEST: City of Round Rock, Texas SARA L. WHITE, City Secretary O:\wdox\SCC1nts\0112\ 1104\MUNICIPAL\00233733.DOC/rmc JI t t( � 11Whi SP1 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2010-2011 GENERAL FUND 2010-2011 2010-2011 2010-2011 Original Revised Revised Revision #2 Budget Budget #1 Budget #2 Variance Revenues $ 81,460,949 $ 82,654,562 $ 89,038,936 $ 6,384,374 Expenditures (81,456,568) (82,650,181) (89,896,552) (7,246,371) Total Change in Fund Balance $ 4,381 $ 4,381 $ (857,616) $ (861,997) DRAINAGE FUND Revenues $ 1,647,881 $ 1,647,881 $ 1,647,881 $ Operating Expenditures (1,647,881) (1,647,881) (1,647,881) Change in Operations Transfer to Self Financed Construction Change in Working Capital $ $ $ $ UTILITY FUND Revenues $ 38,904,000 $ 38,904,000 $ 38,904,000 $ Operating Expenditures (38,851,910) (38,851,910) (38,851,910) Change in Operations 52,090 52,090 52,090 Transfer to Self Financed Construction Change in Working Capital $ 52,090 $ 52,090 $ 52,090 $ EXHIBIT „A„» «A 1 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2010-2011 GENERAL FUND 2010-2011 2010-2011 2010-2011 Original Revised Revised Revision #2 Budget Budget #1 Budget #2 Variance Revenues $ 81,460,949 $ 82,654,562 $ 89,038,936 $ 6,384,374 DEPARTMENT Administration -12 $ (2,189,846) $ (2,460,910) $ (2,202,910) $ (258,000) Development Services Office - 31 (699,565) (699,565) (634,565) (65,000) Finance - 17 (1,685,707) (1,685,707) (1,685,707) Fire - 22 (13,212,901) (13,257,901) (13,032,901) (225,000) General Services - 19 (11,884,619) (11,884,619) (11,435,254) (449,365) Human Resources - 24 (1,063,497) (1,063,497) (955,497) (108,000) Information Technology - 15 (3,069,837) (3,165,437) (2,965,437) (200,000) Legal Services -13 (1,010,500) (1,010,500) (1,010,500) Library - 20 (2,419,690) (2,419,690) (2,337,690) (82,000) Municipal Court - 29 (731,029) (731,029) (706,029) (25,000) Parks & Recreation - 23 (9,016,373) (9,016,373) (8,433,373) (583,000) Planning -14 (1,309,771) (1,309,771) (1,289,771) (20,000) Police - 21 (22,960,125) (23,708,574) (23,933,574) 225,000 Purchasing -18 (615,278) (615,278) (565,278) (50,000) PW - Admin. & Spec. Prog. - 32 (849,145) (849,145) (534,145) (315,000) PW - Build. Const. & Fac. Main. - 35 (1,030,473) (1,063,973) (1,083,973) 20,000 PW - Infrast. Dev. & Const. Main. - 33 (2,446,289) (2,446,289) (2,361,289) (85,000) PW - Operate & Maintain - 34 (4,180,426) (4,180,426) (3,905,426) (275,000) PW - Vehicle Main. Fac. - 28 (1,081,497) (1,081,497) (1,126,497) 45,000 General Govemment - Transfer (9,696,736) 9,696,736 Total Expenditures $ (81,456,568) $ (82,650,181) $ (89,896,552) $ 7,246,371 2 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2010-2011 DRAINAGE FUND 2010-2011 2010-2011 2010-2011 Original Revised Revised Revision #2 Budget Budget #1 Budget #2 Variance Revenues $ 1,647,881 $ 1,647,881 $ 1,647,881 $ DEPARTMENT Drainage - 86 General Govemment - Transfer $ (1,647,881) $ (1,647,881) $ (1,647,881) $ Total Expenditures $ (1,647,881) $ (1,647,881) $ (1,647,881) $ 3 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2010-2011 2010-2011 2010-2011 2010-2011 Original Revised Revised Revision #2 UTILITY FUND Budget Budget #1 Budget #2 Variance Revenues $ 38,904,000 $ 38,904,000 $ 38,904,000 $ DEPARTMENT Utility Administration - 40 $ (1,005,249) $ (1,005,249) $ (1,005,249) $ Water Treatment Plant - 41 (9,697,713) (9,697,713) (9,263,713) (434,000) Water Systems Support - 42 (3,535,557) (3,535,557) (3,595,557) 60,000 Water Line Maintenance - 43 (2,294,828) (2,294,828) (2,413,828) 119,000 Wastewater Treatment Plant - 61 (3,905,087) (3,905,087) (4,075,087) 170,000 Wastewater Systems Support - 62 (3,074,249) (3,074,249) (3,119,249) 45,000 Wastewater Line Maintenance - 63 (1,829,404) (1,829,404) (1,869,404) 40,000 Environmental Services - 64 (569,409) (569,409) (569,409) Utility Billings & Collections - 81 (1,350,414) (1,350,414) (1,350,414) Transfers - 95 (11,590,000) (11,590,000) (11,590,000) General Govemment - Other Total Expenditures $ (38,851,910) $ (38,851,910) $ (38,851,910) $ 4 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2010-2011 General Fund - Effect of the revision on fund balance: Fund Balance 10/01/10 $ 40,287,116 Less Reserves (*1) (29,665,862) Estimated Revenue (FY 2010-2011) 87,497,209 Interfund Transfers 1,541,727 Total Funds Available 99,660,190 Budgeted Expenditures (89,896,552) Estimated Unreserved Fund Balance 9/30/11 $ 9,763,638 1 Reserve requirements established in accordance with operating reserve policies. Drainage Fund - Effect of the revision on working capital: Estimated Working Capital 10/01/10 $ Less Reserves (*1) Estimated Revenue (FY 2010-2011) 974,365 Interfund Transfers 673,516 Total Funds Available 1,647,881 Budgeted Expenditures (1,647,881) Estimated Working Capital 9/30/11 $ - (* 2) * 1 Reserves are established in accordance with operating reserve policies. * 2 Funds are designated for Capital Improvements to the Drainage System. 5 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2010-2011 Utility Fund - Effect of the revision on working capital: Estimated Working Capital 10/01/10 $ 32,954,604 Less Reserves ('1) (13,986,688) Estimated Revenue (FY 2010-2011) 38,904,000 Interfund Transfers (7,190,000) Total Funds Available 50,681,916 Budgeted Expenditures (31,661,910) Estimated Working Capital 9/30/11 $ 19,020,006 (2) * 1 Reserves are established in accordance with operating reserve policies. 2 Funds are designated for Capital Improvements to the Utility System. 6 City of Round Rock Budget Revision #2 Fiscal Year 2010-2011 Summary of Significant Adjustments General Fund Revenue Adlustments: FY 2011 Explanation Current Property Taxes Franchise - Cablevision Sales Tax Red Light Camera Fines $ 300,000 300,000 6,170,000 (288,000) Higher than expected payments Higher than expected payments Increase in sales tax collections Program begins FY 12 FTA Reduction (120,000) Will not be receiving ARRA Grant Interest Income Transfer from Self Financed Construction Grant received mid -year - 89,490 Violence Against Women Act (295,116) Marked to Market adjustment Grant reimbursement from Self 228,000 Financed Construction Total Revenue Adjustments - General Fund Expenditure Adjustments: $ 6,384,374 2012 Self Financed Construction 2012 Capital Spending Plan Salary Savings $ 8,719,059 115,680 (1,240,000) Dell Payment 1,115,000 To be allocated by Council Replacement of Police vehicles Departmental salary savings Increase due to increased Dell sales taxes collections Contractual Services Savings (2,325,365) Departmental savings Transfer to PEG Fund Establishment of PEG Fund account in accordance with SB 861,997 1087 Total Expenditure Adjustments - General Fund Drainage Fund Revenue Adjustments: Total Revenue Adjustments - Drainage Fund Expenditure Adjustments: Total Expenditure Adjustments - Drainage Fund Utility Fund Revenue Adjustments: Total Revenue Adjustments - Utility Fund Expenditure Adjustments: Total Expenditure Adjustments - Utility Fund 7 $ 7,246,371 $ ROUND ROCK, TEXAS PURPOSE. PASSION. PROSPERITY City Council Agenda Summary Sheet Agenda Item No. *9D1. Consider an ordinance adopting Amendment No. 2 to the FY 2010-2011 Operating Agenda Caption: Budget. (Second Reading) Meeting Date: October 27, 2011 Department: Finance Staff Person making presentation: Cheryl Delaney Finance Director Item Summary: In September 2010, Council adopted the Operating Budget for the City for FY 2010-2011. The Operating Budget consists of the General Fund, General Debt Service Fund, Water/Wastewater Utility Fund, and the Drainage Fund. Amendment No. 1 to the Operating Budget was approved in June, 2011. The amendment recognized the revenues and expenses directly related to several grants that had been awarded to the City during FY 11. The amendment also allocated additional funding needed to address unbudgeted costs in the Administration and Fire departments. This Amendment No. 2 to the Operating Budget allocates available cash from this fiscal year (2010-2011). These available funds are provided primarily due to the collection of additional sales tax revenues, other revenues, and departmental budget savings. Approximately $6 million will be moved to the Self -financed Construction fund to be allocated as directed by Council at a later date. Cost: Source of Funds: N/A N/A Date of Public Hearing (if required): N/A Recommended Action: Approval