R-13-09-12-H2 - 9/12/2013RESOLUTION NO. R -13-09-12-H2
A RESOLUTION ADOPTING THE HOTEL OCCUPANCY TAX BUDGET
OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR
2013-2014.
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 2013-2014 Hotel Occupancy Tax Budget, the City Council
has taken into consideration City -sponsored items which promote tourism, and
WHEREAS, a proposed 2013-2014 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 2013-2014 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 Resolution was adopted was posted and that such
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.
0112 1304,00281691
RESOLVED this 12th day of September, 2013.
OviwW.
ALAN MCGRAW, Mayor
City of Round Rock, Texas
ATTEST:
SARA L. WHITE, City Clerk
City of Round Rock
Hotel Occupancy Tax Fund #710
2013-14 Budget
EXHIBIT
,IA„
DESCRIPTION OF ITEM
2011-2012 2012-2013
Actual Revised
Budget
2013-2014
Proposed
Budget
Revenues
Hotel -Motel Occupancy Tax
Interest Income
Contributions
Total Revenues
Expenditures
2,744,497 $
26,665
0
2,771,162
3,050,000 $
25,000
50,000
3,100, 000
25,000
0
3,125,000 3,125,000
Event & Tourism Funding
Festivals & Events Advertising 25,356 25,500 25,500
Total Event & Tourism Funding 25,356 25,500 25,500
Convention & Visitors Bureau
Personnel 255,294 263,496 256,231
Contractual Services 204,041 241,243 242,321
Materials & Supplies 5,556 20,725 20,770
Other Services & Charges 101,700 197,000 197,000
Total Convention & Visitors Bureau 566,591 722,464 716,322
Total Operating Expenditures 591,947 747,964 741,822
Capital Projects
Transfer to Capital Projects Fund
Total Transfer to Capital Projects
Sports Complex
Transfer to Sports Complex
Total Transfer to Sports Complex
656,964
656,964
0
0
1,120,036 423,000
1,120,036 423,000
0 590,000
0 590,000
Convention Center
Property Insurance 40,000 45,000 45,000
Contingency and Trustee Fees 500 45,000 45,000
Transfer to Reserve Fund at Trustee Bank 122,190 0 0
Transfer to Debt Svc. Fund at Trustee Bank 705,000 717,000 719,240
Transfer Capital Repair at Trustee Bank 250,000 250,000 250,000
Transfer to Capital Improvement Fund 100,000 200,000 100,000
Total Convention Center 1,217,690 1,257,000 1,159,240
Total Expenditures $ 2,466,601 $ 3,125,000 $ 2,914,062
ROUND ROCK, TEXAS
PURPOSE MSSf01t PK/SPERM,
City of Round Rock
Agenda Item Summary
Agenda Number: H.2
Title: Consider a resolution adopting the FY 2013-2014 Hotel/Motel Occupancy
Tax Budget.
Type: Resolution
Governing Body: City Council
Agenda Date: 9/12/2013
Dept Director: Cheryl Delaney, Finance Director
Cost:
Indexes:
Attachments: Resolution, Exhibit A
Text of Legislative File 13-697
Item Summary:
The Hotel/Motel Fund is used to collect for the levy and use of the hotel -motel bed tax. The
tax rate for this fund is 7%. Proceeds from this tax are to be used towards 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.
Cost: NA
Source of Funds: NA
Action:
Staff recommends approval.
City of Round Rock Page 1 Printed on 9/10/2013