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G-03-10-09-12A1 - 10/9/2003ORDINANCE NO. 0 -05 ! o" V 9 -aq/ AN ORDINANCE PROVIDING FOR AMENDMENT NO. 2 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2002-2003. 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 2002-2003 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 t-) J,, day of 2003. • READ, APPROVEDandADOPTED on second reading this the tt\ Cday of L-4 �'-6lam' , 2003. @PFDesktop\::ODMA/WORLDOX/O:/WDOX/ORDINANC/030925B3.WPD/sc 2JYI/iAtu//, CHRISTINE R. MARTINEZ, City Secr ary 2 LL, Mayor y of Round Rock, Texas City of Round Rock, Texas Budget Revision #2 Fiscal Year 2002-2003 2002-2003 2002-2003 Revised Revised GENERAL FUND Budget #1 Budget #2 Variance Revenues $ 54,435,506 $ 55,845,506 $ 1,410,000 Expenditures (54,419,717) (55,829,717) (1,410,000) Total Change in Fund Balance $ 15,789 $ 15,789 $ 0 UTILITY FUND Revenues $ 23,272,700 $ 23,272,700 $ 0 Operating Expenditures (23,257,987) (23,257,987) 0 Change in Operations 14,713 14,713 0 Transfer to Self -Financed Construction $ (10,000,000) (23,000,000) (13,000,000) Change in Working Capital $ (9,985,287) $ (22,985,287) $ (13,000,000) EXHIBIT 1 "Ari 1 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2002-2003 GENERAL FUND 2002-2003 2002-2003 Revised Revised Budget #1 Budget #2 Variance Revenues $ 54,435,506 $ 55,845,506 $ 1,410,000 DEPARTMENT Administration - 12 $ (1,493,480) $ (1,343,480) $ (150,000) Legal Services - 13 (869,100) (919,100) 50,000 Planning - 14 (1,613,972) (1,593,972) (20,000) Information Technology- 15 (1,057,861) (957,861) (100,000) Building Inspection - 16 (803,369) (703,369) (100,000) Finance -17 (1,124,951) (1,124,951) 0 Purchasing - 18 (381,042) (356,042) (25,000) General Services - 19 (9,391,556) (9,985,056) 593,500 Library - 20 (1,756,565) (1,756,565) 0 Police - 21 (12,345,006) (12,156,006) (189,000) Fire - 22 (6,818,077) (6,743,077) (75,000) Parks & Recreation - 23 (6,503,991) (6,503,991) 0 Human Resources - 24 (646,832) (646,832) 0 Public Works - 25 (2,807,600) (2,494,600) (313,000) Streets - 26 (5,430,861) (5,430,861) 0 City Shop - 28 (930,690) (930,690) 0 Municipal Court - 29 (444,763) (454,763) 10,000 General Government -Transfer 0 (1,728,500) 1,728,500 Total Expenditures $ (54,419,717) $ (55,829,717) $ 1,410,000 2 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2002-2003 UTILITY FUND Revenues DEPARTMENT 2002-2003 2002-2003 Revised Revised Budget #1 Budget #2 Variance $ 23,272,700 $ 23,272,700 $ 0 Water Treatment Plant - 41 $ (5,098,723) $ (5,098,723) $ 0 Water System Support - 42 (3,247,448) (3,247,448) 0 Waterline Maintenance - 43 (2,325,487) (2,325,487) 0 Wastewater Treatment Plant - 61 (4,619,793) (4,619,793) 0 Wastewater System Support - 62 (439,038) (439,038) 0 Wastewater Lines Maintenance - 63 (1,659,715) (1,659,715) 0 Environmental Services - 64 (426,623) (426,623) 0 Utility Billing & Collection - 81 (864,982) (864,982) 0 Transfers - 95 (4,576,178) (4,576,178) 0 Transfers - Self -Financed Construction (10,000,000) (23,000,000) 13,000,000 General Government - Other 0 0 0 Total Expenditures $ (33,257,987) $ (46,257,987) $ 13,000,000 3 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2002-2003 General Fund - Effect of the revision on fund balance: Estimated Fund Balance 9/30/02 $ 23,261,921 Less Reserves ( *1) (20,073,807) Estimated Revenue (FY 2002-2003) 54,008,197 Interfund Transfers 1,837,309 Total Funds Available 59,033,620 Budgeted Expenditures (55,829,717) Estimated Unreserved Fund Balance 9/30/03 $ 3,203,903 *1 Reserve requirements established in accordance with operating reserve policies. Utility Fund - Effect of the revision on working capital: Estimated Working Capital 9/30/02 $ 35,672,966 Less Reserves ( *2) (8,372,875) Estimated Revenue (FY 2002-2003) 23,272,700 Interfund Transfers (*4) (27,576,178) Total Funds Available 22,996,613 Budgeted Expenditures (18,681,809) Estimated Working Capital 9/30/03 (*3) $ 4,314,804 *2 Reserves are established in accordance with operating reserve policies . *3 Funds are designated for Capital Improvements to the Utility System. *4 Includes a $23,000,000 transfer to fund the Utility System Capital Improvements 4 DATE: October 3, 2003 SUBJECT: City Council Meeting - October 9, 2003 ITEM: *12.A.1. Consider an ordinance approving Amendment No. 2 to the FY 2002-2003 Operating Budget. (Second Reading) Resource: David Kautz, Assistant City Manager/Chief Financial Officer Cindy Demers, Finance Director History: This budget amendment allocates available cash from this fiscal year to specified capital purchases. The available funds are provided primarily by delayed implementation of budgeted programs and sales tax revenues. The amendment also reflects the planned allocation of available funds from the utility operating fund to the utility capital construction program. Funding: General Fund, Water/Wastewater Utility Fund Cost: N/A Source of Funds: General Fund, Water/Wastewater Utility Fund Outside Resources: N/A Impact/Benefit: Utilizing available cash for specific, non-recurring capital purchases reduces the need for borrowing, resulting in lower future tax rates. Public Comment: N/A Sponsor: Finance Department IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII ORD 8 PGS THE STATE OF TEXAS COUNTY OF WILLIAMSON CITY OF ROUND ROCK 2003100123 I, CHRISTINE R. MARTINEZ, City Secretary of the City of Round Rock, Texas, do hereby certify that I am the custodian of the public records maintained by the City and that the above and foregoing is a true and correct copy of Ordinance No. G -03-10- 09-12A1. This ordinance was approved and adopted after two readings by the City Council of the City of Round Rock, Texas. The meetings were held on the 25th day of September, 2003, and the 9th day of October, 2003, and recorded in the City of Round Rock minutes book No. 49. CERTIFIED by my hand and seal of the City of Round Rock, Texas on this 10th day of October, 2003. E F . L/T ALLA' 1)1 -1- CHRISTINE R. MARTINEZ, City Secretary ORDINANCE NO. -03-10- Q7-/ i? AN ORDINANCE PROVIDING FOR AMENDMENT NO. 2 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2002-2003. 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 2002-2003 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 day of 2003. first reading this the (2561) READ, APPROVED and ADOPTED on second reading this the 0.th day of C , 2003. @PFDesktop\::ODMA/WORLDOX/O:/WDOX!ORDINANC/030925133. WPD/sc z CHRISTINE R. MARTINEZ, City Secr 2 LL, Mayor y of Round Rock, Texas Budget Revision #2 Fiscal Year 2002-2003 City of Round Rock, Texas 2002-2003 2002-2003 Revised Revised GENERAL FUND Budget #1 Budget #2 Variance Revenues $ 54,435,506 $ 55,845,506 $ 1,410,000 Expenditures (54,419,717) (55,829,717) (1,410,000) Total Change in Fund Balance $ 15,789 $ 15,789 $ 0 UTILITY FUND Revenues $ 23,272,700 $ 23,272,700 $ 0 Operating Expenditures (23,257,987) (23,257,987) 0 Change in Operations 14,713 14,713 0 Transfer to Self -Financed Construction $ (10,000,000) (23,000,000) (13,000,000) Change in Working Capital $ (9,985,287) $ (22,985,287) $ (13,000,000) 1 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2002-2003 GENERAL FUND Revenues DEPARTMENT 2002-2003 2002-2003 Revised Revised Budget #1 Budget #2 Variance $ 54,435,506 $ 55,845,506 $ 1,410,000 Administration - 12 $ (1,493,480) $ (1,343,480) $ (150,000) Legal Services - 13 (869,100) (919,100) 50,000 Planning - 14 (1,613,972) (1,593,972) (20,000) Information Technology- 15 (1,057,861) (957,861) (100,000) Building Inspection - 16 (803,369) (703,369) (100,000) Finance -17 (1,124,951) (1,124,951) 0 Purchasing - 18 (381,042) (356,042) (25,000) General Services - 19 (9,391,556) (9,985,056) 593,500 Library - 20 (1,756,565) (1,756,565) 0 Police - 21 (12,345,006) (12,156,006) (189,000) Fire - 22 (6,818,077) (6,743,077) (75,000) Parks & Recreation - 23 (6,503,991) (6,503,991) 0 Human Resources - 24 (646,832) (646,832) 0 Public Works - 25 (2,807,600) (2,494,600) (313,000) Streets - 26 (5,430,861) (5,430,861) 0 City Shop - 28 (930,690) (930,690) 0 Municipal Court - 29 (444,763) (454,763) 10,000 General Government - Transfer 0 (1,728,500) 1,728,500 Total Expenditures $ (54,419,717) $ (55,829,717) $ 1,410,000 2 Budget Revision #2 Fiscal Year 2002-2003 UTILITY FUND Revenues DEPARTMENT City of Round Rock, Texas 2002-2003 2002-2003 Revised Revised Budget #1 Budget #2 Variance $ 23,272,700 $ 23,272,700 $ 0 Water Treatment Plant - 41 $ (5,098,723) $ (5,098,723) $ 0 Water System Support - 42 (3,247,448) (3,247,448) 0 Waterline Maintenance - 43 (2,325,487) (2,325,487) 0 Wastewater Treatment Plant - 61 (4,619,793) (4,619,793) 0 Wastewater System Support - 62 (439,038) (439,038) 0 Wastewater Lines Maintenance - 63 (1,659,715) (1,659,715) 0 Environmental Services - 64 (426,623) (426,623) 0 Utility Billing & Collection - 81 (864,982) (864,982) 0 Transfers - 95 (4,576,178) (4,576,178) 0 Transfers - Self -Financed Construction (10,000,000) (23,000,000) 13,000,000 General Government - Other 0 0 0 Total Expenditures $ (33,257,987) $ (46,257,987) $ 13,000,000 3 Budget Revision #2 Fiscal Year 2002-2003 City of Round Rock, Texas General Fund - Effect of the revision on fund balance: Estimated Fund Balance 9/30/02 $ 23,261,921 Less Reserves ( *1) (20,073,807) Estimated Revenue (FY 2002-2003) 54,008,197 Interfund Transfers 1,837,309 Total Funds Available 59,033,620 Budgeted Expenditures (55,829,717) Estimated Unreserved Fund Balance 9/30/03 $ 3,203,903 *1 Reserve requirements established in accordance with operating reserve policies. Utility Fund - Effect of the revision on working capital: Estimated Working Capital 9/30/02 $ 35,672,966 Less Reserves ( *2) (8,372,875) Estimated Revenue (FY 2002-2003) 23,272,700 Interfund Transfers (*4) (27,576,178) Total Funds Available 22,996,613 Budgeted Expenditures (18,681,809) Estimated Working Capital 9/30/03 (*3) $ 4,314,804 *2 Reserves are established in accordance with operating reserve policies . *3 Funds are designated for Capital Improvements to the Utility System. *4 Includes a $23,000,000 transfer to fund the Utility System Capital Improvements 4 12' FILED AND RECORDED OFFICIAL PUBLIC RECORDS 2003100123 10/13/2003 12:33 PM ANDERSON $28.00 NANCY E. RISTER, COUNTY CLERK WILLIAMSON COUNTY, TEXAS Peae-, Vel t� /,i cl t OF ROUND ROCK kOMINISTRATION a21 EAST MAIN STREET �c- L ncI ROCK, TEXAS 78664