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G-01-06-14-15A1 - 6/14/2001ORDINANCE NO. l? - 01- 06-/-)- /5 Fq I AN ORDINANCE PROVIDING FOR AMENDMENT NO. 1 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, and the Act. READ and APPROVED on first reading this the (91-1 day of , 2001. 0:\WPDOCS\ORDINANC\010524A1.WPD/Sc READ, APPROVED and ADOPTED on second reading this the ILI day of AT S JOE LAND, City Secretary , 2001. 2 R•: T A. STLfJKA, JR Mayor City of Round Rock, exas City of Round Rock, Texas Budget Revision #1 Fiscal Year 2000-2001 GENERAL FUND 2000-2001 2000-2001 Original Revised Budget Budget #1 Variance Revenues $ 47,080,375 $ 49,299,502 $ 2,219,127 Expenditures (47,064,091) (48,618,083) (1,553,992) Total Change in Fund Balance $ 16,284 $ 681,419 $ 665,135 UTILITY FUND Revenues $ 20,636,700 $ 20,936,700 $ 300,000 Operating Expenditures (20,619,485) (20,704,727) (85,242) Change in Working Capital $ 17,215 $ 231,973 $ 214,758 1 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2000-2001 GENERAL FUND Revenues DEPARTMENT 2000-2001 2000-2001 Original Revised Budget Budget #1 Variance $ 47,080,375 $ 49,299,502 $ 2,219,127 Administration - 12 $ (926,231) $ (946,890) $ 20,659 Legal Services - 13 (690,400) (690,400) 0 Planning - 14 (1,561,498) (1,596,500) 35,002 Information Technology - 15 (808,728) (819,413) 10,685 Building Inspection - 16 (738,686) (751,539) 12,853 Finance - 17 (859,148) (872,225) 13,077 Purchasing - 18 (282,722) (287,621) 4,899 General Services - 19 (7,438,931) (8,132,936) 694,005 Library - 20 (1,437,533) (1,482,780) 45,247 Police - 21 (10,657,093) (10,933,086) 275,993 Fire - 22 (5,715,438) (5,904,034) 188,596 Parks & Recreation - 23 (5,931,865) (6,042,861) 110,996 Human Resources - 24 (512,298) (521,198) 8,900 Public Works - 25 (2,199,742) (2,272,075) 72,333 Streets - 26 (5,736,947) (5,772,356) 35,409 City Shop - 28 (1,213,700) (1,223,662) 9,962 Municipal Court - 29 (353,131) (368,507) 15,376 General Government - Transfer 0 0 0 Total Expenditures $ (47,064,091) $ (48,618,083) $ 1,553,992 2 City of Round Rock, Texas Budget Revision #1 Fiscal Year 2000-2001 UTILITY FUND Revenues DEPARTMENT 2000-2001 2000-2001 Original Revised Budget Budget #1 Variance $ 20,636,700 $ 20,936,700 $ 300,000 Water Treatment Plant - 41 $ (4,874,714) $ (4,889,254) $ 14,540 Water System Support - 42 (2,873,604) (2,882,147) 8,543 Waterline Maintenance - 43 (2,047,165) (2,072,949) 25,784 Wastewater Treatment Plant - 61 (3,027,684) (3,027,684) 0 Wastewater System Support - 62 (551,061) (556,751) 5,690 Wastewater Lines Maintenance - 63 (1,161,207) (1,177,703) 16,496 Environmental Services - 64 (327,044) (331,482) 4,438 Utility Billing & Collection - 81 (736,214) (745,964) 9,750 Transfers - 95 (5,020,792) (5,020,792) 0 General Government - Other 0 0 0 Total Expenditures $ (20,619,485) $ (20,704,727) $ 85,241 3 City of Round Rock, Texas Budget Revision #1 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) (17,693,967) Estimated Revenue (FY 2000-2001) 46,759,502 Interfund Transfers 2,540,000 Total Funds Available 51,486,723 Budgeted Expenditures (48,618,083) Estimated Unreserved Fund Balance 9/30/01 $ 2,868,640 *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: June 8, 2001 SUBJECT: City Council Meeting — June 14, 2001 ITEM: 15.A.1. Consider an ordinance approving Amendment No. 1 to the FY 2000-2001 Operating Budget. (Second Reading) The proposed amendment includes cost of implementing the recommendations of the market compensation study, increased health plan cost and other operating adjustments. The reading of the ordinance was approved on May 24, 2001. Resource: David Kautz, Finance Director History: The budget amendment reflects the current year cost of implementing the recently completed market compensation study, increased health plan costs and other operating adjustments. The adjustments are funded by additional sales tax revenue. Funding: Cost: Attached Source of funds: General Fund, Water/Wastewater Utility Fund Outside Resources: N/A Impact/ Benefit: The costs of this budget revision will have minimal impact this fiscal year because the costs are incurred for only 4 months. The cost impact on next fiscal year will be substantial because a full year of costs will be borne at that time Public Comment: N/A Sponsor: N/A