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G-05-10-27-12B3 - 10/27/2005ORDINANCE NO. G - )163 AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE LIBRARY FUND FOR THE 2005-2006 FISCAL YEAR. WHEREAS, the Library Fund was created to purchase various library materials with donations from library patrons, and WHEREAS, the City Council wishes to adopt a budget for fiscal year 2005-2006, Now Therefore BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That a budget for fiscal year 2005-2006 for the Library Fund is hereby approved and adopted in accordance with Exhibit attached hereto and incorporated herein. 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 day of 0 ' READ, APPROVED and ADOPTED on second reading ! day of (0L �% �, , 2005. , 2005. this N r� WELL, Mayor City of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secreta @PFDesktop\::ODMA/WORLDOX/O:/WDOX/ORDINANC/051013B3.WPD/sc the City of Round Rock Library Fund #800 2005-2006 Proposed Budget DESCRIPTION OF ITEM 04-05 04-05 05-06 Approved Estimated Proposed Budget Actual Budget Estimated (Fund Balance 10/1/05 Less: Departmental Reserves REVENUES: Interest Income Library Donations Total Revenues $12,892 (10,192) $14,127 (10,192) $14,282 (11,798) 2,700 3,935 2,484 0 155 116 800 2,000 800 800 2,155 916 Total Funds Available 3,500 16,282 3,400 EXPENDITURES: Fiction Books & Materials 3,500 2,000 3,400 Total Expenditures 3,500 2,000 3,400 Estimated Unreserved Fund Balance 9/30/06 $0 $4,090 ($0) EXHIBIT IIATI DATE: October 20, 2005 SUBJECT: City Council Meeting - October 27, 2005 ITEM: *12.B.3. Consider an ordinance adopting the proposed Library Fund Budget for FY 2005-2006. (Second Reading) Department: Finance Staff Presentation Made Bv: Cindy Demers, Finance Director Staff Resource: Dale Ricklefs, Library Director Justification: Donations from library patrons are used to purchase various library materials. Funding: Cost: N/A Source of funds: N/A Outside Resources: N/A Background Information: This fund accounts for donations by patrons of the library for various book and videos to be purchased and housed in the Library. Public Comment: N/A