O-90-2500 - 9/27/1990ORDINANCE NO. (9 SCO
AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR
THE CITY OF ROUND ROCK, TEXAS, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1990, AND ENDING SEPTEMBER 30,
1991, DIRECTING THE CITY SECRETARY TO FILE A TRUE
COPY OF THE BUDGET WITH THE COUNTY CLERK OF
WILLIAMSON COUNTY, TEXAS.
WHEREAS, the City Manager of the City of Round Rock, Texas, has
heretofore submitted, in accordance with the state law and the City's
Charter, a budget for said City, for the fiscal year beginning
October 1, 1990, and ending September 30, 1991; and
WHEREAS, proper and timely notice that a public hearing on such
budget would be held on September 13, 1990 and September 27, 1990,
was given and made in accordance with the law and within the time
limits set forth by law; and
WHEREAS, such public hearing was held in accordance with law on
September 13, 1990 and September 27, 1990, prior to final adoption of
this ordinance; NOW THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS
THAT:
The attached budget for the fiscal year beginning October 1, 1990
and ending September 30, 1991, is hereby in all things approved and
adopted and it shall be effective as of October 1, 1990.
The City Secretary is directed to file a certified copy of this
ordinance along with a true copy of the attached budget with the
County Clerk of Williamson County, Texas.
C-OR09130B
READ and APPROVED on first reading this they day of
September, 1990.
�] tA
READ, APPROVED and ADOPTED on second reading this the /-� day
of September, 1990.
ATTEST:
qwm"14 i i L /Y?/I.
JO E LAND, Ci y Secretary
- A, 14L -
MIKE ROBINSON, Mayor
City of Round Rock, Texas
2.
THE CITY OF ROUND ROCK, TEXAS
FISCAL YEAR 1990-1991
GENERAL FUND TOTAL REVENUE
GENERAL FUND TOTAL EXPENDITURES
NET CHANGE PROVIDED BY OPERATIONS
RESERVES (ROAD FEES)
ENDING BALANCE
PROPOSED BUDGET
1989-1990 1990-1991
REVISED PROPOSED
---------------- ----------------
$ 10,568,478.00 * $ 8,106,587.00
(10,418,865.00)* (8,091,229.00)
---------------- ----------------
149,613.00 15,358.00
(16,275.00) 0.00
---------------- ----------------
$ 133,338.00 $ 15,358.00
I&S DEBT SERVICE TOTAL REVENUE $ 5,081,531.00 $ 4,976,072.00
I&S DEBT SERVICE TOTAL EXPENDITURES (5,122,885.00) (5,113,163.00)
--------------------------------
NET CHANGE PROVIDED BY OPERATIONS (41,354.00) (137,091.00)
RESERVES (NET) 41,354.00 137,091.00
---------------- ----------------
ENDING BALANCE
UTILITY FUND TOTAL REVENUE
UTILITY FUND TOTAL EXPENDITURES
NET CHANGE PROVIDED BY OPERATIONS
RESERVES (NET)
ENDING BALANCE
$ 0.00 $ 0.00
$ 7,549,440.00
(7,993,560.00)
----------------
(444,120.00)
444,120.00
----------------
$ 7,760,841.00
(8,346,957.00)
----------------
(586,116.00)
586,116.00
----------------
$ 0.00 $ 0.00
* Figure includes tax proceeds collected on behalf of and transferred
to I&S Debt Service. Fiscal 90-91 eliminates the transfer and
accounts for the proceeds directly in the I&S Debt Service Fund.
DATE: September 25. 1990
SUBJECT: City Council Meeting. September 27, 1990
ITEM: 11.A. Consider an ordinance adopting the 1990-91 proposed Budget
for the City of Round Rock. (Second Reading)
STAFF RESOURCE PERSON: Bob Bennett/David Kautz
The 1990-92 Proposed Operating Budget is presented to the Council for final
approval. A summary of the budget as amended to date by the council is
attached.
The budget includes a spending plan for the General Fund, the Water/Waste-
water Utility Fund and the Debt Service Interest and Sinking Fund (General
Obligation Debt). Expenditures are proposed to increase approximately 5%
and are highlighted below. Also, discussed below are the revenue and ex-
penditure assumptions applied to this current budget proposal.
Property_ Tax_Rate
The Effective Tax Rate (that rate which produces the same tax revenue as re-
ceived last year) is 55.911 cents per $100 valuation. This budget proposal
reduces the tax rate to 54.911 cents per $100 valuation.
Sales Taxes
Revenue from sales taxes is estimated to increase 8% over last year. This
figure is believed to be realistic but the continuation of the "Shop Round
Rock" program should be emphasized.
Water and. Wastewater_ Rates
In 1988 the City retained a rate consultant to develop retail and wholesale
rates which are fair and cost based. The consultant also provided an imple-
mentation schedule for the retail rates. Last .year, the consultant recom-
mended implementation of an 18% rate increase to make the Utility Fund
Page 2
11.A. continued
solvent. The City implemented only a 9% increase and continued to subsidize
the rate with cash reserves. Under this budget proposal a 4.6% combined
water and wastewater rate increase has been introduced. The rate increase
will affect the volume charge only. leaving the monthly minimum charge as
is. Under this rate plan the utility fund will continue to use cash re-
serves to balance the budget for 1990-91.
5PMAng Highlights
*
4% Salary increase for all personnel
$200,000
*
4 full time employees in Parks & Recreation
(staggered hiring)
51,208
*
5 seasonal employees in Parks & Recreation
30,578
*
Additional Economic Development Funding
50,000
*
Water/Wastewater Utility increased transfer to
General Fund
100,000
*
General Fund capital equipment (total requested)
294,469
*
Water/Wastewater Utility Fund Capital Equipment
(total requested)
373.660
*
1 finance clerk and 1 Assistant Finance Director
at mid .year
32.000
*
Adjustments for increased fuel and postage costs
18.000
*
35 bullet-proof vests for the Police Department
20,125
*
Funding for social service agencies at level
26.960
requested