O-2014-1876 - 10/23/2014ORDINANCE NO. 0-2014-1876
AN ORDINANCE ADOPTING AMENDMENT NO. 2 TO THE
OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR
FISCAL YEAR 2013-2014.
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 2013-2014
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
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.
2014.
READ and APPROVED on first reading this the —.1 day of a4f)6g—,� ,
READ, APPROVED and ADOPTED on second reading this the 2754- day of
OC�t6C,V,- --,2014.
ALAN MCGRAW, Mayor
ATTEST: City of Round Rock, Texas
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EXHIBIT
"A" I City of Round Rock, Texas
Budget Revision #2
Fiscal Year 2013-2014
2013-2014 2013-2014 2013-2014
Original Revised Revised Revision #2
GENERAL FUND Budget Budget #1 Budget #2 Variance
Revenues $ 90,596,526 $ 91,996,526 $ 96,974,708 $ 4,978,182
Expenditures (90,575,502) (91,975,502) (96,953,684) (4,978,182)
Total Change in Fund Balance $ 21,024 $ 21,024 $ 21,024 $ -
2013-2014 2013-2014 2013-2014
Original Revised Revised Revision #2
GENERAL FUND Budget Budget #1 Budget #2 Variance
Revenues
DEPARTMENT
Administration
Legal
Planning & Community Dev
Information Technology
Finance
Fiscal Support
General Services
Library
Police
Fire
PARD
Human Resources
Transportation
Recycling
Transfer to Debt Service
General Government - Transfer
Total Expenditures
$ 90,596,526 $ 91,996,526 $ 96,974,708 $ 4,978,182
$ (2,285,976) $
(2,296,437) $
(2,369,079) $
(72,642)
(1,100,000)
(1,100,000)
(1,220,000)
(120,000)
(2,878,085)
(2,873,682)
(2,857,824)
15,858
(4,028,493)
(4,041,800)
(4,024,618)
17,182
(3,015,527)
(3,047,066)
(3,044,727)
2,339
(10,509,335)
(9,812,111)
(10,133,065)
(320,954)
(3,089,466)
(3,107,180)
(3,101, 658)
5,522
(2,418,964)
(2,478,486)
(2,475,686)
2,800
(26,525,141)
(26,562,153)
(26,455,983)
106,170
(14,965,099)
(15,229,717)
(16,025,688)
(795,971)
(9,646,061)
(9,854,563)
(9,851,371)
3,192
(1,141,403)
(1,141,403)
(1,081,365)
60,038
(8,829,836)
(8,884,269)
(7,638,391)
1,245,878
(142,116)
(146,635)
(146,635)
-
(1,400,000)
(1,400,000)-
-
(5,127,594)
(5,127,594)
$ (90,575,502) $
(91,975,502) $
(96,953,684) $
(4,978,182)
(1) Sales tax revenues were used to cover debt payment.
City of Round Rock, Texas
Budget Revision #2
Fiscal Year 2013-2014
General Fund - Effect of the revision on fund balance:
Fund Balance 10/01/13 $ 38,979,868
Less Reserves ( *1) (29,840,610)
Estimated Revenue (FY 2013-2014) 94,055,683
Interfund Transfers 2,919,025
Total Funds Available 106,113,966
Budgeted Expenditures (96,953,684)
Estimated Unreserved Fund Balance 9/30/14 $ 9,160,282
* 1 Reserve requirements established in accordance with operating reserve policies.
Budget Revision #2
Fiscal Year 2093-2014
Summary of Significant Adjustments
General Fund
Revenue Adiustments:
City of Round Rock, Texas
FY 2014 Explanation
Actual receipts for sales tax & mixed drink tax were
Sales Tax $ 3,900,000 higher than anticipated
Property Taxes 350,000 Revenues higher than anticipated
Franchise Fees 505,000 Increase in Electric, Cable Franchise collections
Fire Protection/MUD Contracts 220,000 Revenues higher than anticipated
Red Light Camera 62,000 Income higher than anticipated
RRISD Reimbursement 174,790 Reimbursement for SRO
Interest Income (135,000) Income less than anticipated
Income less than anticipated - lease, EMS, misc.
Miscellaneous Fines & Fees (98,608) receipts
Total Revenue Adjustments - General Fund $ 4,978,182
Expenditure Adiustments:
Transfers to Self Finance Construction $ 3,627,594 To be allocated
Transfer to SFC - Pavement Management Program 1,500,000 Seal Coat & Striping
Fiscal Support - Dell & Sears payments 650,000 Increase in sales tax revenue rebate
Higher costs than anticipated due to OT, retirements,
Fire 797,000 higher class pay, and vehicle maintenance & repairs.
Personnel costs, election expenses, and legal
Admin & Legal 193,000 matters are higher than anticipated
Contractual Services Savings (1,320,023) Departmental savings (i.e. professional services)
Departmental savings (i.e. training, education,
Other Services & Charges Savings (469,389) insurance, improvements delayed)
Total Expenditure Adjustments - General Fund $ 4,978,182
Full Time Equivalent (FTE) Increase for 2093-2014:
School Resources Officers 2 Partially funded by Round Rock ISD
Arts Director 1
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