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R-97-05-22-11D - 5/22/1997RESOLUTION NO. R- 97- 05- 22 -11D WHEREAS, the City Council has previously adopted by resolution a 1996 -97 budget for the expenditure of hotel tax funds, and WHEREAS, the Council wishes to amend said budget in accordance with the attached proposal, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CIT OF ROUND ROCK, TEXAS, That the 1996 -97 budget for the expenditure of hotel tax funds be amended as set forth in Exhibit "A" attached hereto and incorporated herein for all purposes. RESOLVED this 22nd day of May, 1997. ATTEST: K:\ WPDOCS \RRSOLDTI \RS70522D.WPD /Scg LAND, City Secretary CHARLES CUL EIyPER, Mayor City of Round Rock, Texas Estimated Fund Balance After Budget Revision #2 Estimated Fund Balance 10/1/96 Less Reserves (* 1) Estimated Revenue (FY 1996 -1997) Total Funds Available Requested Expenditures (FY 1996 -1997) Estimated Unreserved Fund Balance 9/30/97 City of Round Rock Hotel -Motel Tax Fund #71 *I - Reserves are established in accordance with operating reserve policies. 05/27/97 Fiscal Year 1996 -1997 $ 185,087 (93,960) 307,750 398,877 (291,178) $ 107,699 City of Round Rock Hotel -Motel Tax Fund #71 1996 -1997 Budget 95 -96 96 -97 Revised Revised ACCOUNT NO DESCRIPTION OF ITEM Budget Budget Beginning Unreserved Fund Balance 10/1/96 REVENUES: 71 -00- 000 -4123 Hotel -Motel Occupancy Tax $ 210,000 71- 00- 000 -4610 Interest Income 3,500 71- 00- 000 -4626 Round Rock Historical Homes Tour Tickets 0 Total Revenues 213,500 05/27/97 $ 91,127 300,000 6,000 1,750 307,750 EXPENDITURES: Tourism Events 71 -23- 139- 5000's Outlaw Trail 100 12,000 12,000 71- 23- I40- 5000's Sportsfest 10,000 10,000 71 -23- 167 -5651 Sunrise Kiwanis Club Basketball 7,000 7,000 71 -23- 167 -5663 Arts & Crafts Expo (Humane Society) 0 2,400 71 -23- 167 -5664 Sertoma Girls Softball 3,000 10,000 71 -23- 167 -5665 Music Festival (Bluegrass) 7,500 2,500 71- 23- 167 -5666 El Amistad 5,000 5,000 71 -23- 167 -5668 RR Police Officers Assn -BBQ Cook -Off 2,500 0 71 -23 -167 -5669 Rock Hardball Classic 2,500 2,500 71 -23- 167 -5670 Fast Draw Contest 3,000 3,000 71 -23- 167 -5673 Frontier Days Advertising 5,000 0 71 -23- 167 -5674 Texas Old Time Fiddlers 5,000 5,000 71 -23- 167 -5676 Moming Kiwanis Cowboy Jubilee 25,000 25,000 71 -23- 167 -5677 Old Settlers Reunion 0 2,500 71 -23- 167 -5678 Chocolate Affair 12,000 0 71 -23- 167 -5679 Old Time Texas Dance 1,000 0 71 -23- 167 -5680 Media Music Festival 2,500 0 71 -23- 167 -5683 TBCH Children at Heart 5,000 5,000 71 -23- 167 -5688 Daffodil Days 0 1,500 71 -14- 264 -5685 Round Rock Historic Homes Tour 0 3,850 71 -23- 167 -5686 Accordion Kings 0 9,000 71 -23- 167 -5687 Festejo Folklorico 0 2,500 71 -23- 167 -5689 Aussie Texans Connection 0 5,000 Total Tourism Events 108,000 113,750 Arts Support 71 -23- 179 -5654 Choir 4,400 7,250 71 -23- 179 -5656 Sam Bass Theater 4,000 4,000 71 -23- 179 -5667 Community Band 3,500 4,000 71 -23- 179 -5681 Ballet Folklorico 3,000 5,000 Total Arts Support 14,900 20,250 05/27/97 City of Round Rock Hotel -Motel Tax Fund #71 1996 -1997 Budget 95 -96 96 -97 , Revised Revised ACCOUNT NO DESCRIPTION OF ITEM Budget Budget 71 -23- 203 -5640 71 -23- 203 -5639 71 -23- 203 -6112 71 -23- 203 -6110 Tourism Support OSP ® PV Festival Impvts Chamber of Commerce Lighted Outdoor Sign Longhom Statues Project 40,000 0 58,200 75,178 0 55,000 0 15,000 98,200 145,178 Total Tourism Support Museum Support 71 -23 -314 -5682 Palm House Museum 2,000 2,000 Total Museum Support 2,000 2,000 Unallocated Contingency for 71 -23- 113 -6408 Mid -Year Events 1,500 10,000 Total Expenditures 224,600 291,178 Estimated Unreserved Fund Balance 9/30/97 $ 107,699 DATE: May 20, 1997 SUBJECT: City Council Meeting - May 22, 1997 ITEM: 11.D. Consider a resolution amending the 1996 -1997 Hotel /Motel Budget to include certain new events. STAFF RESOURCE PERSON: Joanne Land STAFF RECOMMENDATION: The Tourism Committee met May 2, 1997 to consider mid -year event funding requests and is recommending the following: 1.) Texas State Fiddlers Championship requested $5,000. This event funding was taken out of the unallocated contingency for mid -year events line item. 2.) Aussie -Texas Connection Tournament requested $5,000. This event funding was taken out of the unallocated contingency for mid -year events line item. ECONOMIC IMPOACT: Celtic Music Festival (brand new event) requested $10,000. This event funding is' recommended to be taken out of unreserved fund balance. By approving the recommendations of the Tourism Committee, the unallocated contingency for Mid -Year Events line item will be reduced from $20,000 to $10,000 and the unreserved fund balance will be reduced by $10,000 leaving a balance of $97,699. Staff recommends approval. ..) & iivyyv GSA/ rn e'L ,ivW &) bat,o 41± bares +o * Co wytcw 04%) /0- /a -47. dot clinct aku ,cm, • C� Expenditure of $20,000 of Hotel /Motel funds leaving an unallocated fund balance of $97,699. MAY -12 -1997 14:39 FROM RR CHAMBER TO CITY P.01 MEMORANDUM FROM THE ROUND ROCK CHAMBER OP COMMERCE TO: JOANNE LAND FROM: MICHELLE RACRIEY SUBJECT: MIDYEAR EVENT FUNDING DATE: MAY 9, 1997 CC: JOHN MOMAN, TOURISM CHAIRMAN & PHIL BREWER, EXECUTIVE DIRECTOR At the May 2 Tourism meeting, the comaiiuec vuted to approve the following events for mid-year funding. Since mid -year funding is allocated from the contingency fund of the approved 1996-97 event funding budget, city council.action is not necessary. Please advise finance of these additions to the 96-97 event funding allocations. Texas State Fiddlers Championships 55040 event date - April 19 - 26, 1997 Aussie -Texas Connection . 55,000 event date July 12 & 13 1997 t0 L`-e' livuJ x5,000 Cite,: 71 �? D. 8a 3q5 Rte, dakez,97,686