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O-91-2530 - 3/28/1991ORDINANCE NO. AN ORDINANCE PROVIDING FOR THE REVISION OF THE BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 1990-91. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That the budget for the City of Round Rock, Texas for Fiscal Year 1990-1991 is hereby revised 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 Secretary 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. READ and APPROVED on first reading this the IL.�_ day of , 1991. Q READ, APPROVED and ADOPTED on second reading this the ` u day of v , L , 1991. — 711, 1 4161 MIIff ROBINSON, Mayor City of Round Rock, Texas ATTEST: LAND,W/241 Me , N, Secretary OR03111A THE CITY OF ROUND ROCK, TEXAS GENERAL FUND TOTAL REVENUES TOTAL EXPENDITURES ENDING BALANCE I&S GO DEBT SERVICE TOTAL REVENUES TOTAL EXPENDITURES NET CHANGE PROVIDED BY OPERATIONS RESERVES (NET) ENDING BALANCE UTILITY FUND TOTAL REVENUE TOTAL EXPENDITURES FISCAL YEAR 1990-1991 REVISED BUDGET 1990-1991 1'990—t:991 APPROVED REVISED BUDGET BUDGET 3/14/911. $ 8,106,587 $ 8,106,587 (8,091,229) (8,116,229) $ 15,358 $ (9,642) $ 4,976,072 $ 4,976,072 (5,113,163) (5,113,163) (137,091) (137,091) 137,091 137,091 $ 0 $ 7,760,841 (8,346,957) NET CHANGE PROVIDED BY OPERATIONS (586,116) RESERVES (NET) 586,116 $ 0 $ 7,760,841 (8,346,957) (586,116) 586,116 ENDING BALANCE $ 0 $ 0 Page 1 SUMMARY OF RECEIPTS AND EXPENDITURES GENERAL FUND OCTOBER 1, 19901 THROUGH SEPTEMBER 30, 1991 ESTIMATED CASH BALANCE 10/01190 ESTIMATED REVENUE INTERFUND TRANSFERS TOTAL FUNDS AVAILABLE PROPOSED EXPENDITURES (REVS'D 2114191) ESTIMATED CASH BALANCE 09/30/91 $2,574,000.00 7,406,587.00 700,000.00 10,680,587.00 8,116,229.00 ------------ $2.564.358.00 DATE: March 26, 1991 SUBJECT: City Council Meeting, March 28, 1991 ITEM: 8.A Consider an ordinance revising the 1990-91 General Fund Budget (Second Reading) STAFF RESOURCE PERSON: David Kautz STAFF RECOMMENDATION: The need has arisen to acquire a brush chipper. Under current environmental regulations. the City can no loner burn brush -- it must be hauled to the county landfill at a cost of $20.000 annually. Acquisition of a chipper would substantially reduce this annual disposal cost. The chipped brush creates a by-product that is recyclable through composting. The chipper would be purchased with General Fund cash brought forward from prior years. The equipment purchase is required to be budgeted as reflected in the attached General Fund budget revision.