O-2020-0131 - 5/28/2020 ORDINANCE NO. 0-2020-0131
AN ORDINANCE ADOPTING AMENDMENT NO. 1 TO THE
OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR
FISCAL YEAR 2019-2020.
WHEREAS, the City of Round Rock is implementing the Budget Contingency Plan
section of the adopted Council Financial Policies due to the economic crisis resulting from the
COVID-19 emergency; and
WHEREAS, the amendment reduces budgeted expenditures in the General Fund, Utility
Fund and Drainage Fund to ensure ongoing revenues exceed ongoing expenditures in accordance
with the policy; and
WHEREAS, the amendment requires use of excess fund balances for the HOT, Sports
Center and Multipurpose Complex Funds, but all remain in compliance with minimum debt and
operating reserve requirements,Now Therefore
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 2019-2020
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 Clerk 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
0112.20202;00445380
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 W'day of maw ,
2020.
READ, APPROVED and ADOPTED on second reading this the day of
11�/I1A 12020.
4
CRAIG WGA Mayor
ATTEST: City of Round Ro k, Texas
SARA L. WHITE, City Clerk
2
EXHIBIT
"All
FY 2020 Budget Amendment
Budget Reduction in Response to COVID-19
FY 2020 Budget
General Fund
Revenue Impacts:
Sales Tax $ 5,320,000
Program Revenues 2,040,000
Other Revenues 1,585,000
Total Anticipated Revenue Losses $ 81945,000
Expenditure Reductions:
Neighborhood Streets Maintenance transfer to GSFC $ (4,300,000)
PARD Bucket transfer to GSFC (200,000)
Remaining market adjustment funding (762,000)
Hiring Delay (1,260,000)
Other Reductions (2,944,000)
Additional Funding to CM Contingency 500,000
Total Expenditure Reductions: $ (8,966,000)
General Fund Balance- net effect $ 21,000
Hotel Occupancy Tax Fund
Revenue Impact $ 1,991,000
Expenditure Reductions (720,000)
HOT Fund Balance- net effect $ (1,271,000)
Sports Center Fund
Revenue Impact $ 1,125,000
Expenditure Reductions (216,000)
Sports Center Fund Balance-net effect $ (909,000)
Multipurpose Complex Fund
Revenue Impact $ 240,000
Expenditure Reductions (107,000)
MPC Fund Balance-net effect $ (133,000)
\\files\Finance\Budget\FY 20\Budget Transfers&Amendments\Exhibit A-2019-20 Amendment
FY 2020 Budget Amendment
Budget Reduction in Response to COVID-19
FY 2020 Budget
Utility Fund
Expenditure Reductions $ (366,000)
Utility Fund Balance -net effect $ 366,000
Drainage Fund
Expenditure Reductions $ (266,000)
Drainage Fund Balance-net effect $ 266,000
\\files\Finance\Budget\FY 20\Budget Transfers&Amendments\Exhibit A-2019-20 Amendment
FILED AND RECORDED OFFICIAL PUBLIC RECORDS
10
Dana De8eauvo|[ Count Clerk
-- ' Travis County,Texas
THE STATE OF TEXAS
Jun O2^ 202004:07PN1 Fee: 342.O0
^
2020089994
*Electronically Recorded*
COUNTY �F VV|LL|A�SON "
COUNTY C)FTRAV|5 *
CITY OF ROUND ROCK ^
|, SARA L. WHITE, City Clerk of the [hn Of Round Rock, Texas, do hereby certify that | am
the custodian of the public records maintained by the City and that the above and foregoing L6a
true and correct copy of Ordinance No. {] 282O-01S1, which adopts Amendment No. 1 to the FY
2019-2020 Operating Budget of the City of Round Rock. This ordinance was approved by the
[by Council at a regular meeting on the 14to day of May 2020, adopted on the 281h day of May
2020 and recorded in the officW City Council Minute Book No. 62.
CERTIFIED by my hand and sea[ of the City of Round Rock, Texas on fts 2^u day of June
2020.
SARA L. WHITE, TRMC, City Clerk
tr�/ %***goes@ '7
14,
2020089994 Page 2 of 5
ORDINANCE NO. 0-2020-0131
AN ORDINANCE ADOPTING AMENDMENT NO. 1 TO THE
OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR
FISCAL YEAR 2019-2020.
WHEREAS, the City of Round Rock is implementing the Budget Contingency Plan
section of the adopted Council Financial Policies due to the economic crisis resulting from the
COVID-19 emergency; and
WHEREAS, the amendment reduces budgeted expenditures in the General Fund, Utility
Fund and Drainage Fund to ensure ongoing revenues exceed ongoing expenditures in accordance
with the policy; and
WHEREAS, the amendment requires use of excess fund balances for the HOT, Sports
Center and Multipurpose Complex Funds, but all remain in compliance with minimum debt and
operating reserve requirements,Now Therefore
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 2019-2020
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 Clerk 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
CI 1220202,00445380
2020089994 Page 3 of 5
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 day of (4
2020.
L
READ, APPROVED and ADOPTED on second reading this the 1. 111 day of
, 2020.
/1-1/'
CRAIG ORGAN, Mayor
ATTEST: City of Round Ro‘k, Texas
SARA L. WHITE, City Clerk
2
2020089994 Page 4 of 5
EXHIBIT
FY 2020 Budget Amendment
Budget Reduction in Response to COVID-19
FY 2020 Budget
General Fund
Revenue Impacts:
Sales Tax $ 5,320,000
Program Revenues 2,040,000
Other Revenues 1,585,000
Total Anticipated Revenue Losses $ 8,945,000
Expenditure Reductions:
Neighborhood Streets Maintenance transfer to GSFC $ (4,300,000)
PARD Bucket transfer to GSFC (200,000)
Remaining market adjustment funding (762,000)
Hiring Delay (1,260,000)
Other Reductions (2,944,000)
Additional Funding to CM Contingency 500,000
Total Expenditure Reductions: $ (8,966,000)
General Fund Balance- net effect $ 21,000
Hotel Occupancy Tax Fund
Revenue Impact $ 1,991,000
Expenditure Reductions (720,000)
HOT Fund Balance- net effect $ (1,271,000)
Sports Center Fund
Revenue Impact $ 1,125,000
Expenditure Reductions (216,000)
Sports Center Fund Balance-net effect $ (909,000)
Multipurpose Complex Fund
Revenue Impact $ 240,000
Expenditure Reductions (107,000)
MPC Fund Balance- net effect $ (133,000)
\\files\Finance\Budget\FY 20\Budget Transfers&Amendments\Exhibit A-2019-20 Amendment
2020089994 Page 5 of 5
FY 2020 Budget Amendment
Budget Reduction in Response to COVID-19
FY 2020 Budget
Utility Fund
Expenditure Reductions $ (366,000)
Utility Fund Balance -net effect $ 366,000
Drainage Fund
Expenditure Reductions $ (266,000)
Drainage Fund Balance-net effect $ 266,000
\\files\Finance\Budget\FY 20\Budget Transfers&Amendments\Exhibit A-2019-20 Amendment
ELECTRONICALLY RECORDED 2020057746
Williamson County, Texas Total Pages: G
THE STATE OF TEXAS ^
COUNTY OFVV|LL|AMSON "
COUNTY C)FTRAV|5 *
CITY C)F ROUND ROCK ^
|, SARA L. WHITE, City Clerk of the City Of Round Rock, Texas, do hereby certify that | am
the custodian of the public records maintained by the City and that the above and foregoing L6a
true and correct copy of Ordinance No. {] 2820-0131, vvhichadoptsArnendrnentNo. 1 to the FY
2019-2020 Operating Budget of the City of Round Rock. This ordinance was approved by the
[by Council at a regular meeting on the 14to day of May 2020, adopted on the 281h day of May
2020 and recorded in the official City Council Minute Book No. 62.
CERTIFIED by my hand and sea[ of the City of Round Rock, Texas on t� 2^udey of June
2020.
SARA L. WHITE, TRMC, City Clerk
tr�/ %***goes@ '7
14,
2020057746 Page 2 of 6
ORDINANCE NO. 0-2020-0131
AN ORDINANCE ADOPTING AMENDMENT NO. 1 TO THE
OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR
FISCAL YEAR 2019-2020.
WHEREAS, the City of Round Rock is implementing the Budget Contingency Plan
section of the adopted Council Financial Policies due to the economic crisis resulting from the
COVID-19 emergency; and
WHEREAS, the amendment reduces budgeted expenditures in the General Fund, Utility
Fund and Drainage Fund to ensure ongoing revenues exceed ongoing expenditures in accordance
with the policy; and
WHEREAS, the amendment requires use of excess fund balances for the HOT, Sports
Center and Multipurpose Complex Funds, but all remain in compliance with minimum debt and
operating reserve requirements,Now Therefore
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 2019-2020
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 Clerk 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
CI 1220202,00445380
2020057746 Page 3 of 6
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 day of (4
2020.
L
READ, APPROVED and ADOPTED on second reading this the 1. 111 day of
, 2020.
CRAIG ORGAN', Mayor
ATTEST: City of Round Ro‘k, Texas
SARA L. WHITE, City Clerk
2
2020057746 Page 4 of 6
EXHIBIT
FY 2020 Budget Amendment
Budget Reduction in Response to COVID-19
FY 2020 Budget
General Fund
Revenue Impacts:
Sales Tax $ 5,320,000
Program Revenues 2,040,000
Other Revenues 1,585,000
Total Anticipated Revenue Losses $ 8,945,000
Expenditure Reductions:
Neighborhood Streets Maintenance transfer to GSFC $ (4,300,000)
PARD Bucket transfer to GSFC (200,000)
Remaining market adjustment funding (762,000)
Hiring Delay (1,260,000)
Other Reductions (2,944,000)
Additional Funding to CM Contingency 500,000
Total Expenditure Reductions: $ (8,966,000)
General Fund Balance- net effect $ 21,000
Hotel Occupancy Tax Fund
Revenue Impact $ 1,991,000
Expenditure Reductions (720,000)
HOT Fund Balance- net effect $ (1,271,000)
Sports Center Fund
Revenue Impact $ 1,125,000
Expenditure Reductions (216,000)
Sports Center Fund Balance-net effect $ (909,000)
Multipurpose Complex Fund
Revenue Impact $ 240,000
Expenditure Reductions (107,000)
MPC Fund Balance- net effect $ (133,000)
\\files\Finance\Budget\FY 20\Budget Transfers&Amendments\Exhibit A-2019-20 Amendment
2020057746 Page 5 of 6
FY 2020 Budget Amendment
Budget Reduction in Response to COVID-19
FY 2020 Budget
Utility Fund
Expenditure Reductions $ (366,000)
Utility Fund Balance -net effect $ 366,000
Drainage Fund
Expenditure Reductions $ (266,000)
Drainage Fund Balance-net effect $ 266,000
\\files\Finance\Budget\FY 20\Budget Transfers&Amendments\Exhibit A-2019-20 Amendment
2020057746 Page 6 of 6
ELECTRONICALLY RECORDED
OFFICIAL PUBLIC RECORDS
2020057746
Pages: 6 Fee: $37.00
06/02/2020 04:32 PM
�AS E Of
P11 `V • �
tir
Nancy E. Rister,County Clerk
Williamson County,Texas