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G-06-09-28-13A8 - 9/28/2006ORDINANCE NO. &-aa-Clq-Z-13AS AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE LIBRARY FUND FOR THE 2006-2007 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 2006-2007, Now Therefore BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That a budget for fiscal year 2006-2007 for the Library Fund is hereby approved and adopted in accordance with Exhibit "A", 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 14101L' day of SLp4CJY1bL'_) , 2006. READ, APPROVED and ADOPTED on second reading this the 434t, day of l-bPit.) , 2006. TEST:, ittthfki) e NYL '• L , ayo Ci y .f Round Rock, Texas CHRISTINE R. MARTINEZ, City Secreta @PFDesktop\::0DMA/WORLDOX/0:/wdox/OFDINANC/060914A9.WPD/rmc Y City of Round Rock Library Fund #800 2006-2007 Proposed Budget DESCRIPTION OF ITEM 05-06 05-06 06-07 Approved Estimated Proposed Budget Actual Budget Estimated Fund Balance 10/1/06 Less: Departmental Reserves REVENUES: Interest Income Library Donations Total Revenues $14,868 (11,798) 3,070 $14,868 (11,798) $13,393 (10,000) 3,070 3,393 116 500 500 800 1,025 800 916 1,525 1,300 Total Funds Available 3,986 4,595 4,693 EXPENDITURES: Fiction Books & Materials 3,400 3,000 4,000 Total Expenditures 3,400 3,000 4,000 Estimated Unreserved Fund Balance 9/30/07 $586 $1,595 $693 1 EXHIBIT DATE: September 21, 2006 SUBJECT: City Council Meeting - September 28, 2006 ITEM: *13.A.8. Consider an ordinance adopting the Library Fund Budget for FY 2006-2007. (Second Reading) Department: Finance Staff Person: Cindy Demers, Finance Director 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