R-06-09-28-14D1 - 9/28/2006RESOLUTION NO. R -06-09-28-14D1
WHEREAS, the Round Rock Transportation System Development
Corporation has submitted a proposed operating budget for fiscal
year 2006-2007, and
WHEREAS, the City Council wishes to approve said proposal,
Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
That the operating budget submitted by and for the Round Rock
Transportation System Development Corporation for fiscal year 2006-
2007, attached hereto as Exhibit "A", is hereby approved.
The City Council hereby finds and declares that written notice
of the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to
the public as required by law at all times during which this
Resolution 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.
RESOLVED this 28th day of September, 2006.
ATTEST:
R.n
WEL , Mayor
Ci y of Round Rock, Texas
CHRISTINE R. MARTINEZ, City Secretary
@PFDEsktop\::ODMA/WORLDOX/O:/wdox/RESOLUTI/R60928D1.WPD/rmc
City of Round Rock
Round Rock Transportation System
Operating, Construction and Debt Service Budget
October 1, 2006 - September 30, 2007
Budget Summary
10/01 Beginning Fund Balance
Less Reserve for Working Capital (1)
Estimated Operating Revenue -
Sales Tax
Interest and Other
Loan Proceeds
Transfers In
Total Funds Available
Budgeted Expenditures -
Administration & Project Management
Debt Service
Construction and Maintenance (2)
Transfers Out
Total Expenditures
09/30 Estimated Unreserved Fund Balance
(1) Working Capital established at $1,000,000
Actual
FY 04-05
Estimated
Actual
FY 05-06
$ 43,723,980 $
(1,000,000)
14,513,128
1,601,076
58,838,183
(184,000)
(4,758,856)
(13,681,536)
41,213,791
(1,000,000)
16,230,000
1,778,869
58,222,660
(190,000)
(4,760,850)
(31,809,481)
Proposed
FY 06-07
$ 22,462,329
(1,000,000)
16,600,000
956,000
39,018,329
(190,000)
(5,319,994)
(25,678,755)
(18,624,392) (36,760,331) (31,188,749)
$ 40,213,791 $ 21,462,329 $ 7,829,580
(2) The Transportation Capital Improvement Projects (TCIP) are project -oriented rather than
period -oriented and for this reason are not intended to be bound by formal budget control.
Expenditures shown include estimated FY 2006-2007 project costs.
EXHIBIT "A"
City of Round Rock
Round Rock Transportation System
Operating, Construction and Debt Service Budget
October 1, 2006 - September 30, 2007
Budget Detail
Revenue and Other Sources
Sales Tax Proceeds
Interest Income & Other
Loan/Bond Proceeds
Transfers In - Outside
Proceeds - Sale of Assets
Total Revenue
Operations Expenditures
Administration Costs
Contractual Services
Insurance
Supplies, Training, Transportation, Misc.
Total Administration Costs
Legal Services
Contractual Services
Legal Notices
Total Legal Services
Financial Services
Contractual Services
Audit Fees
Total Financial Services
Engineering Services
Contractual Services
Total Engineering Services
Total Operations Expenditures
Debt Service
Principal Retirement
Interest Expense
Financing Fees
Total Debt Service
Transportation Capital Projects Expenditures
Traffic Light Signal Coordination
South Mays St. Extension
A.W. Grimes/Arterial B
Arterial A
U.S. Highway 79 from 1460 to CR 195
SH 45
FM 1460
Forest Creek
Double Creek
CR 113/Kiphen Road
Traffic Signals
Road Consulting
Hester's Crossing Bridge Replacement
1-35 Modifications
Palm Valley (Feasibility Study)
CR 122 Phase 1 and 2
County Road 122 (Red Bud) Phase 3
Oakmont Drive
Teravista
Total Capital Projects Expenditures
Actual
FY 04-05
$14,513,128
1,601,076
Estimated
Actual
FY 05-06
$ 16,230,000
1,778,869
Proposed
FY 06-07
$16,600,000
956,000
$16,114,203 $18,008,869 $17,556,000
$12,000 $17,026
500 547
927
12,500 18,500
16,925 14,748
0 2,177
16,925 16,925
34,700 31,828
2,872
34,700 34,700
119,875 119,875
119,875 119,875
184,000 190,000
2,386,817 2,492,390
2,371,429 2,267,860
610 600
4,758,856 4,760,850
33,276 29,269
15,637 63,209
1,194,466 7,083,323
116 263,120
4,014,921 676,323
3,020,060 -
87,616
2,431,334 440,083
592,244 138,714
294,410 7,075,619
78,047 609,929
21,192 72,070
333,401 882,308
1,304,948 8,742,499
79,604 4,400
1,147,962
267,880 1,007,428
2,235,610
1,250,000
13,681,536 31,809,481
$17,026
547
927
18,500
14,748
2,177
16,925
31,828
2,872
34,700
119,875
119,875
190,000
2,910,656
2,408,738
600
5,319,994
3,467,315
281,123
1,321,937
2,750,879
5,074,292
1,056,633
87,453
8,474,983
3,164,140
25,678,755
Total Expenditures $18,624,391 $36,760,331 $31,188,749
exce1/4B.xls
DATE: September 21, 2006
SUBJECT: City Council Meeting - September 28, 2006
ITEM: 14.D.1. Consider a resolution approving the 2006-2007 Operating
Budget for the Round Rock Transportation System Development
Corporation.
Department:
Staff Person:
Finance
Cindy Demers, Finance Director
Justification:
This budget will provide funding for debt service and administrative, financial, legal and
engineering services to the Transportation System Development Corporation.
Funding:
Cost: N/A
Source of funds: 1/2% Sales Tax for Transportation Improvements
Outside Resources: N/A
Background Information:
The budget provides funding for debt service and administrative, financial, legal and
engineering services to the Corporation. The budget is funded from a 1/2% sales tax
established for the purposes of providing transportation improvements. The Corporation
oversees those improvements with the further approval of the City Council.
Public Comment:
Meeting held on this date regarding the proposed Operating Budget for the Round Rock
Transportation System Development Corporation for FY 2006-2007.