R-12-09-13-G8 - 9/13/2012 t
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RESOLUTION NO. R-12-09-13-G8
A RESOLUTION ADOPTING THE HOTEL OCCUPANCY TAX BUDGET
OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR
2012-2013.
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
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WHEREAS, in developing the 2012-2013 Hotel Occupancy Tax Budget, the City Council
has taken into consideration City-sponsored items which promote tourism, and
WHEREAS, a proposed 2012-2013 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 (2010 Edition), Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
That the attached 2012-2013 Hotel Occupancy Tax Budget is hereby approved and the
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disbursements shown thereon are hereby authorized.
The City Council hereby finds and declares that written notice of the date, hour, place
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and subject of the meeting at which this Resolution was adopted was posted and that such
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meeting was open to the public as required by law at all times during which this Resolution 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.
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RESOLVED this 13th day of September, 2012.
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ALAN MCGRAW, Mayor
City of Round Rock, Texas
ATTEST: t
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SARA L. WHITE, City Clerk
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EXHIBIT
City of Round Rock "q"
Hotel Occupancy Tax Fund #710
2012-13 Budget
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2010 2011 X101 2012 042 X013
Revenues
Hotel-Motel Occupancy Tax $ 2,684,046 $ 2,300,000 $ 3,000,000
Interest Income 16,670 25,000 25,000 f
Total Revenues 2,700,716 2,325,000 3,025,000
Expenditures
Event&Tourism Funding
Festivals&Events Advertising 19,977 25,500 25,500
Arts Support 79,100 0 0
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Total Event&Tourism Funding 99,077 25,500 25,500
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Convention&Visitors Bureau
Personnel 234,372 258,328 263,496
Contractual Services 197,153 236,717 241,243
Materials&Supplies 7,204 20,725 20,725
Other Services&Charges 107,291 200,500 197,000
Total Convention &Visitors Bureau 546,020 716,270 722,464 R
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Total Operating Expenditures 645,097 741,770 747,964
Capital Projects
Transfer to Capital Projects Fund 360,000 423,000 1,120,036
Total Transfer to Capital Projects 360,000 423,000 1,120,036
Convention Center
Property Insurance 40,000 50,000 45,000
Contingency and Trustee Fees 500 45,000 45,000
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Transfer to Debt Svc. Fund at Trustee Bank 715,000 715,000 717,000
Transfer Capital Repair at Trustee Bank 75,000 250,000 250,000
Transfer to Capital Improvement Fund 100,000 100,000 100,000
Total Convention Center 930,500 1,160,000 1,157,000
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Total Expenditures $ 1,935,597 $ 2,324,770 $ 3,025,000
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ROUND ROCK,TEXAS City Council Agenda Summary Sheet
PURPOSE PASSION.PROSPERITY. I
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Agenda Item No. G8.
Agenda Caption: Consider a resolution adopting the 2012-2013 Hotel/Motel Occupancy Tax Budget.
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Meeting Date: September 13, 2012
Department: Finance
Staff Person making presentation: Cheryl Delaney
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Finance Director
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Item Summary:
The Hotel/Motel Fund is used to collect for the levy and use of the hotel-motel bed tax. The tax rate is 7%.
Proceeds from this tax are to be used toward the promotion of tourism and the convention and hotel industry in the
City.
The proposed Hotel/Motel Budget includes operating expenditures associated with the Convention & Visitors
Bureau, event funding and debt service for Dell Diamond/United Heritage Convention Center Complex.
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Cost: None—This is a budge adoption only.
Recommended Action: Approval
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