G-00-05-25-10D1 - 5/25/2000P
ORDINANCE NO. ( - 00- DI
AN ORDINANCE AMENDING THE 1999-2000 COMMUNITY
DEVELOPMENT BLOCK GRANT PROGRAM BUDGET.
WHEREAS, the City Council has previously adopted a 1999-2000
Community Development Block Grant Program Budget, and
WHEREAS, the City Council wishes to amend said budget in
accordance with the attached proposal, Now Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS, THAT:
That the 1999-2000 Community Development Block Grant Program
Budget is amended as set forth in 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, and the Act.
READ and APPROVED on first reading this the / I� day
of 1-)/1(�z-�- , 2000.
READ, APPROVED and ADOPTED on second reading this the
L:Pl day of 7Y)CLC),---.
000.
RO: RT A. STLUKA, R., Mayor
ANNE LAND, City Secretary
K:\WPDOCS\ORDINANC\000511C6.WPD/sc
1/'",04,
City of Round Rock, Texas
City of Round Rock
CDBG Fund # 790
Analysis of Fund Balance
05/04/00
Estimated Fund Balance 10/1/99
Less Reserves (*1)
Estimated Revenue (FY 1999-2000)
Total Funds Available
Estimated Expenditures (FY 1999-2000)
Estimated Unreserved Fund Balance 9/30/00
*1 - Reserves are established in accordance with operating reserve policies.
$ 0
0
414,750
414,750
(414,750)
City of Round Rock
CDBG Fund #790
1999-2000 Proposed Budget
AccountFund:Or
......................................
...................................................
DESCRIPTIQ:AT
OF: A
Octual, Bu get $iiiget , . Buflget ::
Beginning Unreserved Fund Balance 10/1/99
REVENUES:
CDBG
Program Income from Project 2
Total Revenues
EXPENDITURES:
410,000
0
$0
SO
413,000 413,000
0 1,750
410,000 413,000 414,750
Project 1: Neighborhood Enhancements 240,000 135,400 135,400
Project 2: Economic Opportunities 50,000 75,000 76,750
Project 3: Home Ownership Assistance 60,000 120,000 120,000
Project 4: Program Administration 60,000 82,600 82,600
Total Expenditures
0 410,000 413,000 414,750
Operating Reserves* 0 0
Estimated Unreserved Fund Balance 9/30/00 $0 $0
*Operating Reserves are established in accordance with operating reserve policies.
FY99-00budget_amended_Pl.xis 1
Date: May 19, 2000
Subject: City Council Meeting — May 25, 2000
Item: 10.D.1. Consider an ordinance amending the FY 1999/2000 CDBG Budget.
(Second Reading). This budget is being amended to allow for the
collection and expenditure of program income within Economic
Opportunities, Project 2. Revenue is being generated through
resident user fees in Connection Station, the Microenterprise
Assistance Center. The first reading of the ordinance was approved
on May 11, 2000. Staff Resource Person: Joe Vining, Planning
Director.