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O-90-2501 - 9/27/1990ORDINANCE NO. r� 5 0) AN ORDINANCE PROVIDING FOR THE REVISION OF THE BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 1989-90. 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 1989-1990 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 13 th day of 1990. �f READ, APPROVED and ADOPTED on second reading this the 6,* day of ., ', 1990. 24d, =- MIKE ROBINSON, Mayor City of Round Rock, Texas ATTEST: 591NNE LAND, City Secretary OR09130C No Text - 7 s 7 - , ,-- - - --- t ' 7'7= ..- • z..,• - - _ 7 _ fIT: --,--7i- - ttl . DATE: September 25. 1990 SUBJECT: City Council Meeting. September 27. 1990 ITEM: 11.B. Consdier an ordinance amending the 1989-1990 General Fund Budget. (Second Reading) STAFF RESOURCE PERSON: David Kautz STAFF REOGNNENDATION: Discuss the amendments as presented. ECONOMIC IMPACT: Revenue projections for the current operating budget are slightly ahead of estimates. These revenues combined with current year cost savings resulting from the refinancing of City Hall are proposed to be used for the purposes below: * 4 wheel drive mower tractor $ 35.000 * Deletion of the lease/purchase program proceeds 128.451 * Early restocking of City Shop parts inventory 8.000 * Acquire 2 police dogs 12.000 Use of funds in this manner will save future year interest costs, lock -in parts at lower prices and avoid the necessity of finding funding in next year's budget.