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G-05-10-27-12B5 - 10/27/2005ORDINANCE NO. AN ORDINANCE APPROVING AND ADOPTING THE BUDGET FOR THE TREE REPLACEMENT FUND FOR THE 2005-2006 FISCAL YEAR. WHEREAS, the Parks and Recreation Department has submitted a proposed budget for the Tree Replacement Fund for fiscal year 2005- 2006, and WHEREAS, the City Council wishes to approve said budget, Now Therefore BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That the Tree Replacement Fund budget submitted by the Parks and Recreation Department for fiscal year 2005-2006, attached hereto as Exhibit "A", is hereby approved. 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 S�� �11a''nd APPROVED on first reading this the day of lJ LM7��: �v `J 2005. READ, APPROVED and ADOPTED on second reading this the 0 day of 2005. @PFDesktop\::ODMA/WORLDOX/O:/WDOX/ORDINANC/051013B5.WPD/sc ,�4 LE MAXWELL, Mayor City of Round Rock, Texas ATTEST: CHRISTINE R. MARTINEZ, City Secreta City of Round Rock Tree Replacement Fund #610 2005-2006 Proposed Budget Estimated Fund Balance 10/1/05 $0 $19,515 Less: Departmental Reserves $28,637 0 (3,000) (5,000) 0 16,515 23,637 REVENUES: Tree replacement fees Donations/Contributions Interest Income Total Revenues Total Funds Available EXPENDITURES: Tree Planting Sub Total Total Expenditures Estimated Unreserved Fund Balance 9/30/06 0 8,625 5,000 0 0 3,125 0 497 373 0 9,122 8,498 0 25,637 32,135 0 0 20,000 0 0 20,000 0 0 20,000 $0 $25,637 $12,135 EXHISIT'W DATE: October 20, 2005 SUBJECT: City Council Meeting - October 27, 2005 ITEM: *12.B.5. Consider an ordinance adopting the Tree Replacement Fund Budget for FY 2005-2006. (Second Reading) Department Finance Staff Person: Cindy Demers, Finance Director Justification: Funds included in this budget will be used for the purchase and installation of trees in public parklands. Funding: Cost: N/A Source of funds: N/A Outside Resources: N/A Background Information• The Protected Trees Ordinance requires a fee for removal of protected trees meeting criteria outlined in the ordinance. Removed trees are replaced with trees and irrigation systems which comply with the ordinance guidelines. Fees generated under the Tree Protection ordinance provides funding for the protection, maintenance and management of the City's existing forest resources to minimize tree loss and provide for replacement of trees removed resulting from new development. Public Comment: N/A