G-06-09-28-13A4 - 9/28/2006ORDINANCE NO.
-IX0-Dq-a-134
AN ORDINANCE ADOPTING THE HOTEL OCCUPANCY TAX
BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL
YEAR 2006-2007.
WHEREAS, the City of Round Rock collects a seven (7) percent
hotel occupancy tax on hotel rooms, and
WHEREAS, V.T.C.A. , Tax Code Section 351.101(a)
states,"Revenue from the municipal hotel occupancy tax may be used
only to promote tourism and the convention and hotel industry," and
Section 351.101(b) states, "Revenue derived from the tax authorized
by this chapter shall be expended in a manner directly enhancing
and promoting tourism and the convention and hotel industry," and
WHEREAS, the Tourism Commission for the City of Round Rock
(the "Commission") has provided the City with a copy of its
recommendations for funding for certain events, arts, and historic
preservation, and
WHEREAS, in developing the 2006-2007 Hotel Occupancy Tax
Budget, the City Council has taken into consideration City -sponsored
items which promote tourism, as well the Commission's
recommendations, and
WHEREAS, a proposed 2006-2007 budget for Hotel Occupancy Tax
funds is attached as Exhibit "A" which provides for expenditure of
the funds in a manner that complies with statutory requirements and
Section 1.1809 of the City Code (1995 Edition), Now Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS:
@PFDesktop\::ODMA/WORLDOX/O:/wdox/ORDINANC/060914A5.WPD/rmc
That the attached 2006-2007 Hotel Occupancy Tax Budget is
hereby approved and the disbursements shown thereon are hereby
authorized.
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 /
VII
day of
, 2006.
READ, APPROVED and ADOPTED on second reading this the
co day of
ba.) , 2006.
C y of Round Rock, Texas
CHRISTINE R. MARTINEZ, City Secre
2
City of Round Rock
Hotel Occupancy Tax Fund # 710
Fund Balance Analysis
Estimated Fund Balance 10/01/06
Less Operating Reserves (*1)
Estimated Revenue (FY 2006-2007)
Total Funds Available
Requested Expenditures
Estimated Unreserved Fund Balance 9/30/07 $ 2,266,968
$
3,266,968
(1,000,000)
2,250,000
4,516,968
(2,250,000)
* 1 - Operating Reserves are established in accordance with operating reserve policies.
1
EXHIBIT
nAu
City of Round Rock
Hotel Occupancy Tax Fund #710
2006-2007 Proposed Budget
Revenues
Hotel -Motel Occupancy Tax
Interest Income
Miscellaneous Revenue
Transfer from Convention Ctr. Rev. Fund (Net)
Total Revenues
Expenditures
1,905,051 $
40,494
1,656
8,119
1,740,000 $
20,000
2,200,000
50,000
1,955,320 1,760,000 2,250,000
Event & Tourism Funding
Festivals & Events Advertising 5,182 2,500 15,500
Arts Support 19,000 19,000 22,000
Tourism Support 32,000 64,000 20,000
Museum Support 8,000 8,000 8,000
Contingency - 500 -
Total Event & Tourism Funding 64,182 94,000 65,500
Convention & Visitors Bureau
Personnel 256,872 274,774 272,191
Contractual Services 247,467 231,200 222,719
Materials & Supplies 17,439 16,840 18,590
Other Services & Charges 97,736 131,000 151,500
Capital Outlay 53,681 2,000 4,000
Total Convention & Visitors Bureau 673,195 655,814 669,000
Total Operating Expenditures 737,377
Capital Projects
Transfer to Capital Projects Fund
Total Transfer to Capital Projects
Convention Center
Property Insurance
Contingency and Trustee Fees
Transfer to Reserve Fund at Trustee Bank
Transfer to Debt Svc. Fund at Trustee Bank
Transfer Capital Repair at Trustee Bank
Transfer to Toursim Development Fund
Total Convention Center
Other
238,500
238,500
31,696
3,996
494,990
187,300
717,982
749,814 734,500
200,000 490,500
200,000 490,500
40,000
48,186
5,000
542,000
75,000
100,000
40,000
45,000
5,000
760,000
75,000
100,000
810,186 1,025,000
Total Expenditures $ 1,693,859 $ 1,760,000 $ 2,250,000
Estimated Fund Balance 10/01/06
Operating Reserves*
$3,266,968
(1,000,000)
Estimated Unreserved Fund Balance 9/30/07 $2,266,968
'Operating Reserves are established in accordance with operating reserve policies.
DATE: September 21, 2006
SUBJECT: City Council Meeting - September 28, 2006
ITEM: *13.A.4. Consider an ordinance adopting the 2006-2007 Hotel/Motel
Occupancy Tax Budget. (Second Reading)
Department:
Staff Person:
Justification:
Finance
Cindy Demers, Finance Director
The Hotel/Motel Budget includes operating expenditures associated with the Convention &
Visitors Bureau, special event funding and debt service for Dell Diamond/United Heritage
Convention Center Complex.
Funding:
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Background Information:
The Hotel/Motel Fund is used to collect for the levy and use of the hotel -motel bed tax.
Proceeds from this tax are to be used toward the promotion of tourism and the convention
and hotel industry in the City.
Public Comment: N/A