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G-05-10-27-12B2 - 10/27/2005ORDINANCE NO. g' /D7-JU3j AN ORDINANCE PROVIDING FOR AMENDMENT NO. 2 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2004-2005. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That the operating budget for the City of Round Rock, Texas for Fiscal Year 2004-2005 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 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. 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 113 day of 0 , 2005. READ, APPROVED and ADOPTED on second reading this the dayAl o fC, 2005. @PFDesktop\::ODMA/WORLDOX/0:/WDOX/ORDINANC/051013B2.WPD/sc ST: Y. MAXWELL, Mayor ity of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secre 2 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2004-2005 GENERAL FUND 2004-2005 2004-2005 Revised Revised Budget #1 Budget #2 Variance Revenues $ 63,244,416 $ 69,597,416 $ 6,353,000 Expenditures (63,239,823) (69,592,823) (6,353,000) Total Change in Fund Balance $ 4,593 $ 4,593 $ UTILITY FUND Revenues $ 25,935,700 $ 25,935,700 $ Operating Expenditures Change in Operations Transfer to Self Financed Construction $ (25,932,108) (25,932,108) 3,592 3,592 (12,300,000) (12,300,000) Change in Working Capital $ 3,592 $ (12,296,408) $ (12,300,000) EXHIBIT 10/7/2005 1 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2004-2005 GENERAL FUND Revenues DEPARTMENT 2004-2005 2004-2005 Revised Revised Budget #1 Budget #2 Variance 63,244,416 $ 69,597,416 $ 6,353,000 Administration - 12 $ (1,809,893) $ (1,721,893) $ (88,000) Legal Services - 13 (936,500) (1,111,500) 175,000 Planning - 14 (1,582,018) (1,582,018) Information Technology - 15 (1,090,476) (1,090,476) Building Inspection - 16 (740,132) (670,132) (70,000) Finance - 17 (1,205,915) (1,158,915) (47,000) Purchasing - 18 (470,913) (445,913) (25,000) General Services - 19 (11,210,382) (11,510,382) 300,000 Library - 20 (1,978,821) (1,956,821) (22,000) Police - 21 (14,210,052) (13,998,052) (212,000) Fire - 22 (8,705,338) (8,276,338) (429,000) Parks & Recreation - 23 (7,410,920) (7,193,920) (217,000) Human Resources - 24 (741,770) (724,770) (17,000) Engineering & Dev. Svcs. - 25 (2,718,478) (2,554,478) (164,000) Street - 26 (6,209,627) (5,864,627) (345,000) Transportation - 27 (683,656) (635,656) (48,000) City Shop - 28 (931,919) (852,919) (79,000) Municipal Court - 29 (603,013) (554,013) (49,000) General Government - Transfer (7,690,000) 7,690,000 Total Expenditures $ (63,239,823) $ (69,592,823) $ 6,353,000 10/7/2005 2 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2004-2005 UTILITY FUND 2004-2005 2004-2005 Revised Revised Budget #1 Budget #2 Revenues $ 25,935,700 $ 25,935,700 $ DEPARTMENT Variance Utility Administration - 40 $ (1,177,898) $ (1,177,898) $ Water Treatment Plant - 41 (4,523,967) (4,523,967) Water Systems Support - 42 (2,950,778) (2,950,778) Water Line Maintenance - 43 (2,117,649) (2,117,649) Wastewater Treatment Plant - 61 (5,636,000) (5,636,000) Wastewater Systems Support - 62 (881,550) (881,550) Wastewater Line Maintenance - 63 (1,914,039) (1,914,039) Environmental Services - 64 (424,416) (424,416) Utility Billing & Collection - 81 (947,418) (947,418) Transfers - 95 (5,358,393) (5,358,393) General Government - Other - (12,300,000) 12,300,000 Total Expenditures $ (25,932,108) $ (38,232,108) $ 12,300,000 10/7/2005 3 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2004-2005 General Fund - Effect of the revision on fund balance: Fund Balance 10/01/04 $ 26,783,157 Less Reserves ( *1) (24,615,632) Estimated Revenue (FY 2004-2005) 67,957,416 Interfund Transfers 1,640,000 Total Funds Available 71,764,941 Budgeted Expenditures (69,592,823) Estimated Unreserved Fund Balance 9/30/05 $ 2,172,118 *1 Reserve requirements established in accordance with operating reserve policies. Utility Fund - Effect of the revision on working capital: Estimated Working Capital 10/01/04 $ 22,024,577 Less Reserves ( *2) (9,335,559) Estimated Revenue (FY 2004-2005) 25,935,700 Interfund Transfers (*4) (17,658,393) Total Funds Available 20,966,325 Budgeted Expenditures (20,573,715) Estimated Working Capital 9/30/05 $ 392,610 (*3) *2 Reserves are established in accordance with operating reserve policies. *3 Funds are designated for Capital Improvements to the Utility System. *4 Includes a $12,300,000 transfer to fund Utility System Improvements. 10/7/2005 4 DATE: October 20, 2005 SUBJECT: City Council Meeting - October 27, 2005 ITEM: *12.6.2. Consider an ordinance approving Amendment No. 2 to the FY 2004-2005 Operating Budget. (Second Reading) Department: Finance Staff Person: Cindy Demers, Director Justification: Designates additional funds collected in FY 2005. Funding: Cost: N/A Source of funds: General Fund/Water/Wastewater Utility Fund Outside Resources: N/A Background Information: This budget amendment allocates available cash from fiscal year 2004-2005 to specified capital purchases and capital projects. The available funds are provided primarily due to the collection of additional sales tax revenues, other revenues and departmental budget savings. The amendment also reflects the planned allocation of available funds from the utility operating fund to the utility capital construction program. Public Comment: N/A