G-01-11-20-12E1 - 11/20/2001ORDINANCE NO. - 0/ -
AN-
AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR
THE RON SPROULL MEMORIAL FUND FOR THE 2001-2002 FISCAL
YEAR.
WHEREAS, the Ron Sproull Memorial Fund was created to provide
certain improvements to the park system in the City of Round Rock,
and
WHEREAS, the City Council wishes to adopt a budget for 2001-
2002 for the expenditure of said fund, Now Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS:
That a budget for 2001-2002 for the expenditure of the Ron
Sproull Memorial 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 yttu
day of 71B-LLLrYLAbLA,1
0:\wdox\ORDINANC\011108D1.WPD/SC
, 2001.
READ, APPROVED and ADOPTED on second reading this the
p(D day of
ST:
(7167/Leffn-Le-A---) , 2001.
ROBER A. STLUKA, JR., ayor
City of Round Rock, Texas
CHRISTINE R. MARTINEZ, City Secre7ary
2
City of Round Rock
Ron Sproul) Memorial Fund
2001-2002 Proposed Budget
DESCRIPTION OF ITEM
00-01 00.01
Approved
Budget
01.02
Proposed
Budget
Beginning Unreserved Fund Balance
Less Reserves
Available Balance
REVENUES;
Interest Income
Total Revenues
Total Funds Available
EXPENDITURES
Ron Sproull Memorial Park Improvemts
Contingency
$107,361
(100,000)
$107,361
(100,000)
7,361
$106,955
(100,000)
7,361 6,955
5,100 5,565 2,750
5,100
5,565 2,750
12,461 12,926 9,705
0
0 0
Round Rock Memorial Park
Irrigation Repairs 0 0 1,000
Contingency 6,461 0 0
Contracted Services 6,000 5,971 5,657
Landscaping 0 0 2,000
Trail & Fountain Repair 0 0 0
All Associated Costs 0 0 0
Misc. Improvements 0 0 0
Electrical System Repairs 0 0 500
Playground Repairs 0 0 0
Lighting Repairs 0 0 548
Sub Total 12,461 5,971 9,705
Total Expenditures
12,461 5,971 9,705
Estimated Unreserved Fund Balance 9/30/02 0 6,955 0
11
EXHIBIT
"An
1
DATE: November 15, 2001
SUBJECT: City Council Meeting — November 20, 2001
ITEM:
*12.E.1. Consider an ordinance approving and adopting a budget for
the Ron Sproull Memorial Fund for the 2001-2002 fiscal
year. (Second Reading)
Resource: Sharon Prete, Parks and Recreation Director
History: Harriett Sproull donated $100,000 to be used for the
development/maintenance of Round Rock Memorial Park with the
stipulation that the principal never be spent. This was done in memory of
her husband Ron.
Funding: The only source of funds in interest income.
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Impact/Benefit: This resource has helped provide additional maintenance services
during high periods.
Public Comment: N/A
Sponsor: PARD