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G-05-08-11-10A1 - 8/11/2005ORDINANCE NO. - 05- D8- )1 AN ORDINANCE PROVIDING FOR AMENDMENT NO. 1 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 C%10 - day of , 2005. READ, APPROVED and ADOPTED on second reading this the � I - day of @PFDesktop\::ODMA/WORLDOX/O:/WDOX/ORDINANC/050728A1.WPD/sc , 2005. ELL, Mayor ity of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secreta y City of Round Rock, Texas Budget Revision #1 Fiscal Year 2004-2005 GENERAL FUND 2004-2005 2004-2005 Original Revised Budget Budget #1 Variance Revenues $ 61,283,900 $ 63,244,416 $ 1,960,516 Expenditures (61,279,307) (63,239,823) (1,960,516) Total Change in Fund Balance $ 4,593 $ 4,593 $ 0 UTILITY FUND Revenues $ 25,935,700 $ 25,935,700 $ 0 Operating Expenditures (25,932,108) (25,932,108) 0 Change in Working Capital $ 3,592 $ 3,592 $ 0 7/21/2005 1 EXHIBIT °A" City of Round Rock, Texas Budget Revision #1 Fiscal Year 2004-2005 GENERAL FUND Revenues DEPARTMENT 2004-2005 2004-2005 Original Revised Budget Budget #1 Variance $ 61,283,900 $ 63,244,416 $ 1,960,516 Administration - 12 $ (1,809,893) $ (1,809,893) $ 0 Legal Services - 13 (936,500) (936,500) 0 Planning - 14 (1,577,425) (1,582,018) 4,593 Information Technology- 15 (1,074,280) (1,090,476) 16,196 Building Inspection - 16 (739,213) (740,132) 919 Finance - 17 (1,193,070) (1,205,915) 12,845 Purchasing - 18 (469,818) (470,913) 1,095 General Services - 19 (9,929,847) (11,210,382) 1,280,535 Library - 20 (1,961,803) (1,978,821) 17,018 Police - 21 (14,078,351) (14,210,052) 131,701 Fire -22 (8,268,141) (8,705,338) 437,197 Parks & Recreation - 23 (7,405,867) (7,410,920) 5,053 Human Resources - 24 (698,387) (741,770) 43,383 Engineering & Dev. Svcs. - 25 (2,714,877) (2,718,478) 3,601 Street - 26 (6,207,597) (6,209,627) 2,030 Transportation - 27 (682,378) (683,656) 1,278 City Shop - 28 (929,337) (931,919) 2,582 Municipal Court - 29 (602,523) (603,013) 490 General Government - Transfer 0 0 0 Total Expenditures $ (61,279,307) $ (63,239,823) $ 1,960,516 7/21/2005 2 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2004-2005 UTILITY FUND Revenues DEPARTMENT 2004-2005 2004-2005 Original Revised Budget Budget #1 Variance $ 25,935,700 $ 25,935,700 $ 0 Utility Administration -40 $ (1,177,898) $ (1,177,898) $ 0 Water Treatment Plant - 41 (4,523,967) (4,523,967) 0 Water Systems Support - 42 (2,950,778) (2,950,778) 0 Water Line Maintenance - 43 (2,117,649) (2,117,649) 0 Wastewater Treatment Plant - 61 (5,636,000) (5,636,000) 0 Wastewater Systems Support - 62 (881,550) (881,550) 0 Wastewater Line Maintenance - 63 (1,914,039) (1,914,039) 0 Environmental Services - 64 (424,416) (424,416) 0 Utility Billing & Collection - 81 (947,418) (947,418) 0 Transfers - 95 (5,358,393) (5,358,393) 0 General Government - Other 0 0 0 Total Expenditures $ (25,932,108) $ (25,932,108) $ 0 7/21/2005 3 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2004-2005 General Fund - Effect of the revision on fund balance: Fund Balance 10/01/04 $ 26,783,157 Less Reserves (*1) (22,519,142) Estimated Revenue (FY 2004-2005) 61,604,416 Interfund Transfers 1,640,000 Total Funds Available 67,508,431 Budgeted Expenditures (63,239,823) Estimated Unreserved Fund Balance 9/30/05 $ 4,268,608 *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 $ 20,024,577 Less Reserves (*2) (9,335,559) Estimated Revenue (FY 2004-2005) 25,935,700 Interfund Transfers (3,387,000) Total Funds Available 33,237,718 Budgeted Expenditures (22,545,108) Estimated Working Capital 9/30/05 $ 10,692,610 (*3) *2 Reserves are established in accordance with operating reserve policies. *3 Funds are designated for Capital Improvements to the Utility System. 7/21/2005 4 City of Round Rock Budget Revision #1 Fiscal Year 2004-2005 Summary of Significant Adjustments General Fund FY 2005 Annual Impact Revenue Adjustments: Adjust Sales Tax to reflect Dell Program Payment 1,300,000 Adjust Sales Tax to reflect Available 524,598 State Homeland Security Grant 96,337 LETPP Grant - Police 29,396 Lone Star Grant - Library 10,185 Total Revenue Adjustments - General Fund 1,960,516 Expenditure Adjustments: Salary Market Study - Public Service (27,101) (201,447) Salary Market Study - Public Safety (122,854) (798,553) Dell Program Payment (1,300,000) New Positions (7) - Fire Department Rescue #4 (127,228) (452,892) Fire Equipment for 2 Rescue Vehicles (171,414) New Positions: (56,001) (218,270) IT System Administrator Human Resources Generalist Accountant I Library Tech - existing increase hours Recreation Coordinator - existing seasonal to permanent Miscellaneous Adjustments: (155,918) (20,000) LETPP Grant - Police Equipment (Terrorism Prevention) Lone Star Grant - Library Equipment Homeland Security Grant - Public Facility Security Systems State Inspection Machine -City Shop Employee Education Assistance Program Total Expenditure Adjustments - General Fund Utilitv Fund Revenue Adjustments: No Revenue Adjustments Expenditure Adjustments: Salary Market Study - Public Service Use of existing personnel budget Total Expenditure Adjustments - Utility Fund (1,960,516) (1,691,162) 6,597 (6,597) DATE: August 5, 2005 SUBJECT: City Council Meeting - August 11, 2005 ITEM: *10.A.1. Consider an ordinance amending the 2004-2005 Operating Budget. (Second Reading) Department: Finance Department Staff Person: Cindy Demers, Finance Director Justification: This amendment revises the FY 2004-2005 operating budget to reflect strategic operating adjustments for the current fiscal year. Highlights of the amendment include implementation of personnel salary changes resulting from the City's bi-annual market survey, staffing and equipment for the Fire Department rescue vehicle program, the addition of departmental support staff and expenditures associated with grant receipts. Also included is an adjustment to the Dell Program payment reflecting additional sales tax revenue generated through Dell. The adjustments for the General Fund are funded through additional sales tax revenues and grant receipts. The following summary identifies the current year impact as well as the ongoing costs. Funding: Cost: N/A Source of funds: General Fund/ Water/Wastewater Funds Outside Resources: N/A Background Information: From time -to -time and as financially appropriate, the operating budget is adjusted as new operational issues and funding opportunities are identified. This is the first of two expected budget revisions for Fiscal Year 2004-2005. Public Comment: N/A