G-04-10-26-14D1 - 10/26/2004ORDINANCE NO. lJ - 0J4 -
AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR
THE PARK DEVELOPMENT FUND FOR THE 2004-2005 FISCAL
YEAR.
WHEREAS, the Parks and Recreation Department has submitted a
proposed budget for the Park Development Fund for fiscal year 2004-
2005, and
WHEREAS, the City Council wishes to approve said proposal,
Now Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS:
That the budget for the Park Development Fund submitted by the
Parks and Recreation Department for fiscal year 2004-2005, 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
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.
REM)
and APPROVED on first reading this the
day of 0 , 2004.
Ath
READ, APPROVED and ADOPTED on second reading this the
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W day of Q&Q.AJ
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, 2004.
ATTEST:
R
WE L,- Mayor
ty of Round Rock, Texas
CHRISTINE R. MARTINEZ, City Secret
2
City of Round Rock
Parks Improvement & Acquisition Fund #520
2004-2005 Proposed Budget
DESCRIPTION OF ITEM
03-04 03-04 04-05
Approved Estimated Proposed
Budget Actual Budget
Beginning Unreserved Fund Balance
Less: BaIlfield Reserves
Unreserved Fund Balance
REVENUES:
Sports League Fees
Interest Income
Total Revenues
Total Funds Available
EXPENDITURES:
McNeil Park
BaIlfield Improvements
$24,958 $27,551 $35,851
(5,321) 0 (30,751)
19,637 27,551 5,100
9,100 8,000
263 300
9,363 8,300
9,600
300
9,900
29,000 35,851 15,000
19,000
0 5,000
Unspecified
Playground Equipment 10,000 0 10,000
Total Expenditures 29,000 0 15,000
Estimated Unreserved Fund Balance 9/30/05
$0 $35,851 $0
EXHIBIT
nAn
DATE: October 21, 2004
SUBJECT: City Council Meeting - October 26, 2004
ITEM: *14.D.1. Consider an ordinance approving and adopting a budget for the
Park Development Fund for the 2004-2005 fiscal year. (Second
Reading)
Department: Finance
Staff Person: Cindy Demers, Finance Director
Sharon Prete, Parks and Recreation Director
Justification: Funding will be used to repair damaged playground equipment
Funding:
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Background Information:
This fund was established to serve as a depository for donations of fees, which are
earmarked for specific projects. Funds are obtained through donations, developer
contributions, sport facility capital improvement fees and Interest Income. This fund will
allow the Parks and Recreation staff to make capital improvements with funds other than
tax dollars or bond monies.
Public Comment: N/A