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G-02-10-10-12C2 - 10/10/2002ORDINANCE NO. 6"." i�'� - /0- /0- J Z' AN ORDINANCE PROVIDING FOR AMENDMENT NO. 1 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2001-2002. 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 2001-2002 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 day of O:\wdox\ORDINANC\020926B4.WPD/sc , 2002. READ, APPROVED and ADOPTED on second reading this the V day of Oet6421A; , 2002. AT.TEST: yuu te nlaA, Ar.04. A0/ 1 f' MAX ELL, Mayor City of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secre 2 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2001-2002 GENERAL FUND 2001-2002 2001-2002 Original Revised Budget Budget #1 Variance Revenues $ 52,205,386 $ 51,006,855 $ (1,198,531) Expenditures (51,617,158) (50,849,633) 767,525 Total Change in Fund Balance $ 588,228 $ 157,222 $ (431,006) UTILITY FUND Revenues $ 22,906,700 $ 22,906,700 $ 0 Operating Expenditures (21,744,730) (21,720,132) 24,598 Change in Working Capital $ 1,161,970 $ 1,186,568 $ 24,598 1 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2001-2002 GENERAL FUND 2001-2002 2001-2002 Original Revised Budget Budget #1 Variance Revenues $ 52,205,386 $ 51,006,855 $ (1,198,531) DEPARTMENT Administration - 12 $ (1,254,866) $ (1,366,944) $ 112,078 Legal Services - 13 (843,380) (761,554) (81,826) Planning - 14 (1,384,043) (1,278,067) (105,976) Information Technology - 15 (902,175) (834,931) (67,244) Building Inspection - 16 (741,541) (627,160) (114,381) Finance - 17 (977,091) (960,722) (16,369) Purchasing - 18 (355,784) (312,531) (43,253) General Services - 19 (9,054,954) (7,871,559) (1,183,395) Library - 20 (1,659,054) (1,665,708) 6,654 Police - 21 (12,350,575) (11,825,886) (524,689) Fire - 22 (6,593,771) (6,256,865) (336,906) Parks & Recreation - 23 (6,036,122) (6,016,334) (19,788) Human Resources - 24 (602,522) (568,539) (33,983) Public Works - 25 (2,443,688) (2,347,715) (95,973) Streets - 26 (5,071,201) (5,113,360) 42,159 City Shop - 28 (932,092) (841,307) (90,785) Municipal Court - 29 (414,299) (400,451) (13,848) General Government - Transfer 0 (1,800,000) 1,800,000 Total Expenditures $ (51,617,158) $ (50,849,633) $ (767,525) 2 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2001-2002 UTILITY FUND Revenues DEPARTMENT 2001-2002 2001-2002 Original Revised Budget Budget #1 Variance $ 22,906,700 $ 22,906,700 $ 0 Water Treatment Plant - 41 $ (4,807,450) $ (4,712,450) $ (95,000) Water System Support - 42 (3,351,606) (3,351,606) 0 Waterline Maintenance - 43 (2,359,390) (2,329,390) (30,000) Wastewater Treatment Plant - 61 (4,069,734) (4,069,734) 0 Wastewater System Support - 62 (429,754) (429,754) 0 Wastewater Lines Maintenance - 63 (1,164,885) (1,289,885) 125,000 Environmental Services - 64 (403,084) (403,084) 0 Utility Billing & Collection - 81 (825,827) (801,228) (24,599) Transfers - 95 (4,333,000) (4,333,000) 0 General Government - Other 0 0 0 Total Expenditures $ (21,744,730) $ (21,720,132) $ (24,599) 3 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2001-2002 General Fund - Effect of the revision on fund balance: Estimated Fund Balance 9/30/01 $ 22,185,654 Less Reserves ( *1) (18,430,379) Estimated Revenue (FY 2001-2002) 49,846,855 Interfund Transfers 1,160,000 Total Funds Available 54,762,130 Budgeted Expenditures (50,849,633) Estimated Unreserved Fund Balance 9/30/02 $ 3,912,497 *1 Reserve requirements established in accordance with operating reserve policies. Utility Fund - Effect of the revision on working capital: Estimated Working Capital 9/30/01 $ 29,658,859 Less Reserves ( *2) (7,819,248) Estimated Revenue (FY 2001-2002) 22,906,700 Interfund Transfers (4,333,000) Total Funds Available 40,413,311 Budgeted Expenditures (17,387,132) Estimated Working Capital 9/30/02 $ 23,026,179 (*3) *2 Reserves are established in accordance with operating reserve policies . *3 Funds are designated for Capital Improvements to the Utility System. 4 DATE: October 4, 2002 SUBJECT: City Council Meeting — October 10, 2002 ITEM: 12.C.2. Consider an ordinance approving Amendment No. 1 to the 2001- 2002 Operating Budget. (Second Reading) Resource: David Kautz, Chief Financial Officer Bill White, Finance Director History: The 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 one- time revenue sources. 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