Loading...
G-01-10-25-8A1 - 10/25/2001ORDINANCE NO. 6 — DI — /0— c:,5-3/4 AN ORDINANCE PROVIDING FOR AMENDMENT NO. 2 TO THE OPERATING BUDGET OF THE CITY OF ROUND ROCK, TEXAS FOR FISCAL YEAR 2000-2001. 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 2000-2001 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 1 / day of 00.19431)U , 2001. ::ODMA\WORLDOX\O:\WDOX\ORDINANC\011011A2.WPD/aC READ, APPROVED and ADOPTED on second reading this the _AA,_day of Otho4r/QA) , 2001. City of Round Rock, Texas A TEST: CHRISTINE R. MARTINEZ, City Se etary 2 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2000-2001 GENERAL FUND 2000-2001 2000-2001 Revised Revised Budget #1 Budget #2 Variance Revenues $ 49,299,502 $ 50,880,502 $ 1,581,000 Expenditures (48,618,083) (50,139,083) (1,521,000) Total Change in Fund Balance $ 681,419 $ 741,419 $ 60,000 UTILITY FUND Revenues $ 20,936,700 $ 20,936,700 $ 0 Operating Expenditures (20,704,727) (20,704,727) 0 Change in Working Capital $ 231,973 $ 231,973 $ 0 1 EXHIBIT nAn 1 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2000-2001 GENERAL FUND Revenues DEPARTMENT 2000-2001 2000-2001 Revised Revised Budget #1 Budget #2 Variance $ 49,299,502 $ 50,880,502 $ 1,581,000 Executive/Administrative - 12 $ (946,890) $ (946,890) $ 0 Legal Services - 13 (690,400) (610,400) (80,000) Planning - 14 (1,596,500) (1,399,500) (197,000) Data Processing - 15 (819,413) (741,413) (78,000) Building Inspection - 16 (751,539) (751,539) 0 Finance - 17 (872,225) (872,225) 0 Purchasing - 18 (287,621) (287,621) 0 General Services - 19 (8,132,936) (8,404,936) 272,000 Library - 20 (1,482,780) (1,434,780) (48,000) Police - 21 (10,933,086) (10,314,086) (619,000) Fire - 22 (5,904,034) (5,738,034) (166,000) Parks & Recreation - 23 (6,042,861) (5,769,861) (273,000) Human Resources - 24 (521,198) (454,198) (67,000) Public Works - 25 (2,272,075) (2,067,075) (205,000) Streets - 26 (5,772,356) (5,496,356) (276,000) City Shop - 28 (1,223,662) (1,131,662) (92,000) Municipal Court - 29 (368,507) (368,507) 0 General Government - Transfer 0 (3,350,000) 3,350,000 Total Expenditures $ (48,618,083) $ (50,139,083) $ 1,521,000 2 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2000-2001 UTILITY FUND Revenues DEPARTMENT 1999-2000 2000-2001 Revised Revised Budget #1 Budget #2 Variance $ 20,936,700 $ 20,936,700 $ 0 Water Treatment Plant - 41 $ (4,889,254) $ (4,889,254) $ 0 Water System Support - 42 (2,882,147) (2,882,147) 0 Waterline Maintenance - 43 (2,072,949) (2,072,949) 0 Wastewater Treatment Plant - 61 (3,027,684) (3,077,684) 50,000 Wastewater System Support - 62 (556,751) (556,751) 0 Wastewater Lines Maintenance - 63 (1,177,703) (1,177,703) 0 Environmental Services - 64 (331,482) (331,482) 0 Utility Billing & Collection - 81 (745,964) (745,964) 0 Transfers - 95 (5,020,792) (4,970,792) (50,000) General Government - Other 0 0 Total Expenditures $ (20,704,727) $ (20,704,727) $ 0 3 City of Round Rock, Texas Budget Revision #2 Fiscal Year 2000-2001 General Fund - Effect of the revision on fund balance: Estimated Fund Balance 9/30/00 $ 19,881,188 Less Reserves (*1) (18,195,897) Estimated Revenue (FY 2000-2001) 49,720,502 Interfund Transfers 1,160,000 Total Funds Available 52,565,793 Budgeted Expenditures (50,139,083) Estimated Unreserved Fund Balance 9/30/01 $ 2,426,710 *1 Reserve requirements established in accordance with operating reserve policies. Utility Fund - Effect of the revision on working capital: Estimated Working Capital 9/30/00 $ 24,071,684 Less Reserves ( *2) (7,453,702) • Estimated Revenue (FY 2000-2001) 20,936,700 Interfund Transfers (4,528,805) Total Funds Available 33,025,877 Budgeted Expenditures (16,175,922) Estimated Working Capital 9/30/01 $ 16,849,955 (*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 19, 2001 SUBJECT: City Council Meeting - October 25, 2001 ITEM: 8.A.1. Consider an ordinance approving Amendment No. 2 to the FY 2000- 2001 Operating Budget. (Second Reading) The first reading of the ordinance was approved on October 11, 2001. Resource: David Kautz, Finance Director History: The budget amendment allocates available cash from this fiscal year to specified capital purchases. The available funds are provided primarily by additional sales tax revenue. 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: N/A