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G-13-06-13-E2 - 6/13/2013ORDINANCE NO. & S" DG- I �'- [�Z AN ORDINANCE ADOPTING AMENDMENT NO. 1 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2012-2013. 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 2012-2013 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. READ and APPROVED on first reading this the 23r, day of 2013. READ, APPROVED and ADOPTED on second reading this the day of AUW '2013. ATTEST: GXM "-.1 — SARA L. WHITE, City Clerk O:\wdox\SCClnts\0112\ l 304\MLINIC IPAL\00274522. DOC/rmc V4it15? Vi� e (d City of Round Rock, Texasr ' �� ��- City of Round Rock, Texas Budget Revision #1 Fiscal Year 2012-2013 GENERALFUND Revenues Expenditures Total Change in Fund Balance 2012-2013 2012-2013 Original Revised Revision #1 Budget Budget #1 Variance $ 87,716,936 $ 87,668,436 $ (48,500) (87,716,328) (87,667,828) 48,500 $ 608 $ 608 $ DRAINAGE FUND Revenues $ 1,789,000 $ 1,789,000 $ - Operating Expenditures (1,725,118) (1,725,118) - Change in Working Capital $ 63,882 $ 63,882 $ - UTILITY FUND Revenues $ 40,002,641 $ 40,002,641 $ - Operating Expenditures (40,001,601) (40,001,601) Change in Working Capital $ 1,040 $ 1,040 $ - EXHIBIT „A„ Page 1 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2012-2013 Page 2 2012-2013 2012-2013 Original Revised Revision #1 GENERAL FUND Budget Budget #1 Variance Revenues $ 87,716,936 $ 87,668,436 $ (48,500) DEPARTMENT Administration - 12 $ (2,160,114) $ (2,179,614) $ (19,500) DSO -31 (622,054) (636,554) (14,500) Finance -17 (1,742,441) (1,750,941) (8,500) Fire - 22 (14,306,223) (14,483,223) (177,000) Fiscal Support Services - 19 (10,472,400) (9,865,300) 607,100 Gen. Srvcs. - Bldng Const. & Facility Main. - 35 (1,679,655) (1,689,655) (10,000) Gen. Srvcs. -Vehicle Main. Facility -28 (1,148,110) (1,151,610) (3,500) Human Resources -24 (1,088,962) (1,095,462) (6,500) Information Technology - 15 (3,825,116) (3,845,616) (20,500) Inspection Services - 16 (904,304) (905,304) (1,000) Legal Services - 13 (999,350) (1,099,350) (100,000) Library - 20 (2,320,748) (2,337,248) (16,500) Municipal Court - 29 (785,814) (812,814) (27,000) Parks & Recreation - 23 (9,361,321) (9,418,821) (57,500) Planning & Development Services - 14 (1,375,046) (1,377,046) (2,000) Police - 21 (25,697,686) (25,743,686) (46,000) Purchasing - 18 (466,168) (466,168) Recycling - 36 (133,932) (145,432) (11,500) Transportation -Administration - 27 (2,431,362) (2,444,462) (13,100) Transportation - Operate & Maintain - 34 (6,195,522) (6,219,522) (24,000) General Government - Transfer - Total Expenditures $ (87,716,328) $ (87,667,828) $ 48,500 Page 2 Budget Revision #1 Fiscal Year 2012-2013 DRAINAGE FUND City of Round Rock, Texas 2012-2013 2012-2013 Original Revised Revision #1 Budget Budget #1 Variance Revenues $ 1,789,000 $ 1,789,000 $ - DEPARTMENT Drainage -86 $ (1,725,118) $ (1,725,118) $ Total Expenditures $ (1,725,118) $ (1,725,118) $ - Page 3 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2012-2013 Page 4 2012-2013 2012-2013 Original Revised Revision #1 UTILITY FUND Budget Budget #1 Variance Revenues $ 40,002,641 $ 40,002,641 $ - DEPARTMENT Utility Administration -40 $ (1,196,406) $ (1,198,406) $ (2,000) Utility Billings & Collections - 81 (1,401,939) (1,411,439) (9,500) Utility Environmental Services - 64 (566,328) (569,328) (3,000) Wastewater Line Maintenance - 63 (1,901,382) (1,918,882) (17,500) Wastewater Systems Support -62 (1,948,513) (1,949,513) (1,000) Wastewater Treatment Plant - 61 (4,345,542) (4,328,792) 16,750 Water Line Maintenance - 43 (2,313,220) (2,350,220) (37,000) Water Systems Support - 42 (3,602,758) (3,612,758) (10,000) Water Treatment Plant - 41 (8,827,813) (8,815,563) 12,250 Transfers - 95 (13,897,700) (13,846,700) 51,000 General Government - Other - - Total Expenditures $ (40,001,601) $ (40,001,601) $ - Page 4 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2012-2013 General Fund - Effect of the revision on fund balance: Fund Balance 10/01/12 $ 41,247,931 Less Reserves ( *1) (30,580,383) Estimated Revenue (FY 2012-2013) 84,857,386 Interfund Transfers 2,811,050 Total Funds Available 98,335,984 Budgeted Expenditures (87,667,828) Estimated Unreserved Fund Balance 9/30/13 $ 10,668,156 * 1 Reserve requirements established in accordance with operating reserve policies. Page 5 Budget Revision #1 Fiscal Year 2012-2013 Drainage Fund - Effect of the revision on fund balance: Fund Balance 10/01/12 Less Reserves ( *1) Estimated Revenue (FY 2012-2013) Interfund Transfers Total Funds Available Budgeted Expenditures Estimated Working Capital 9/30/13 * 1 Reserves are established in accordance with operating reserve policies. Page 6 City of Round Rock, Texas $ 1,179,777 (544,093) 1,789,000 (76,350) 2,348,334 (1,648,768) $ 699,566 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2012-2013 Utility Fund - Effect of the revision on working capital: Estimated Working Capital 10/01/12 $ 36,910,669 Less Reserves ( *1) (14,400,576) Estimated Revenue (FY 2012-2013) 40,002,641 Interfund Transfers (8,671,700) Total Funds Available 53,841,034 Budgeted Expenditures (31,329,901) Estimated Working Capital 9/30/13 $ 22,511,133 (" 2) * 1 Reserves are established in accordance with operating reserve policies. * 2 Funds are designated for Capital Improvements to the Utility System. Page 7 City of Round Rock Budget Revision #1 Fiscal Year 2012-2013 Summary of Significant Adjustments General Fund FY 2013 Explanation Revenue Adiustments: Emergency Services Organization $ (66,000) Williamson ESO only reimburses once per year UASI Grant 17,500 Reimbursement received for final expenditures Total Revenue Adjustments - General Fund $ (48,500) Expenditure Adiustments: Market Study Allocation $ 433,100 Allocation to appropriate departments Reallocation for Market Study (433,100) Transfer of budgeted funds for market study Reduced expenditures due to revised reimbursement Emergency Services Organization (66,000) estimate UASI Grant 17,500 Final expenditures related to grant Legal Expenditures 100,000 Actual annual expenditures projected to exceed budget Reallocation for Legal Expenditures (100,000) Transfer of budgeted funds to cover legal expenditures Total Expenditure Adjustments - General Fund $ (48,500) Utility Fund Revenue Adiustments: FY 2013 Explanation None $ - Total Revenue Adjustments - Utility Fund $ - Expenditure Adiustments: Market Study Allocation $ 84,500 Allocation to appropriate departments Reallocation for Market Study (84,500) Transfer of budgeted funds for market study Total Expenditure Adjustments - Utility Fund $ City of Round Rock Agenda Item Summary Agenda Number: E.2 Title: Consider an ordinance adopting Amendment No. 1 to the FY 2012-2013 Operating Budget. (Second Reading) Type: Ordinance Governing Body: City Council Agenda Date: 6/13/2013 Dept Director: Cheryl Delaney, Finance Director Cost: $0.00 Indexes: General & Utility Funds Attachments: Ordinance, Exhibit A Text of Legislative File 13-314 This budget amendment addresses items which affect the current FY 2013 General Fund and Utility Fund Operating budget. During the budget process, the City budgeted funding for an employee compensation and classification study for FY 2013. This amendment allocates the funding determined by the study to the appropriate departments in both the General Fund and the Utility Fund. Also included in this amendment is the reallocation of funds to cover the projected legal expenditures for the fiscal year. This amendment also reduces the amount anticipated to be received from a County reimbursement, allocates funding to repair a fence damaged in the previous fiscal year, and recognizes the final expenditures and grant funding received through the UASI grant. Cost. 0.00 Source of Funds: General and Utility Funds - budget adjustment Staff recommends adopting this amendment. City of Round Rock Page 1 Printed on 8/8/2013