G-00-04-27-11C1 - 4/27/2000ORDINANCE NO.-"t-�f — / IC/
AN ORDINANCE AMENDING THE 1999-2000 HOTEL OCCUPANCY
TAX BUDGET.
WHEREAS, the City Council has previously adopted a 1999-2000
Hotel Occupancy Tax 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 Hotel Occupancy Tax 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 /34 day
of , 2000.
READ, APPROVED and ADOPTED on second reading this the
CnCI‘) day of _ T 7000.
EST:
Q/wvt.Q�
E LAND, City Secretary
K:\WPDOCS\ORDINANC\000413D1.WPD/SC
/%1�. i� .
4 A. STLUKA, J f, Mayor
City of Round Rock, exas
City of Round Rock
Hotel Occupancy Tax Fund #71
Fund Balance Analysis
Estimated Fund Balance 10/1/99
Less Reserves (*I) (*2)
Estimated Revenue (FY 1999-2000)
Total Funds Available
Requested Expenditures (FY 1999-2000)
Estimated Unreserved Fund Balance 9/30/00
*1 - Reserves are established in accordance with operating reserve policies.
*2 - Assumes evenly distributed expenditure levels throughout the year.
Note: In addition, $598,580 in capitalized interest from Hotel -Motel Occupancy Tax
revenue bond proceeds will be used for first year debt service on the bonds.
$
496,365
(611,075)
939,710
825,000
(825,000)
$ 0
City of Round Rock
Hotel Occupancy Tax Fund #71
1999-2000 Revised Budget
DESCRIPTION OF ITEM
98-99
Revised
Budget
99-00
Origina
Budget
99-00
Revised
Budget
Estimated Fund Balance 10/1/99
REVENUES:
4123 710 00000 Hotel -Motel Occupancy Tax
4610 710 00000 Interest Income
4626 710 00000 Round Rock Historical Homes Tour
4628 710 00000 Contributions
New 710 00000 Bond Proceeds
Total Revenues
$496,365
$616,261 $915,710 915,710
12,000 24,000 24,000
0 0 0
10,000 0 0
175,000 0 0
813,261
939,710 939,710
EXPENDITURES:
Tourism Events
5642 710 23000 Outlaw Trail 100 17,000 17,000 17,000
5643 710 23000 Sportsfest 8,000 8,000 8,000
5651 710 23000 Sunrise Kiwanis Club Basketball 7,000 7,000 7,000
5663 710 23000 Arts & Crafts Expo (Humane Society) 0 0 0
5664 710 23000 Sertoma Girls Softball 0 0 0
5665 710 23000 Old Settlers' Music Festival 10,000 7,000 0
5666 710 23000 Fiesta Amistad 5,000 7,000 7,000
5668 710 23000 RR Police Officers Assn -BBQ Cook -Off 0 5,000 5,000
5669 710 23000 Rock Hardball Classic 2,500 3,000 3,000
5670 710 23000 Fast Draw Contest 3,600 3,500 3,500
5673 710 23000 Frontier Days Advertising 5,000 10,000 10,000
5674 710 23000 Texas Old Time Fiddlers 2,000 0 0
5676 710 23000 Morning Kiwanis Cowboy Jubilee 10,000 0 0
5677 710 23000 Old Settlers Reunion 1,600 1,600 1,600
5678 710 23000 Chocolate Affair 5,000 0 0
5679 710 23000 Old Time Texas Dance 0 0 0
5683 710 23000 TBCH Children at Heart 4,000 0 0
5688 710 23000 Daffodil Days 2,000 2,000 2,000
5685 710 14000 Round Rock Historic Homes Tour 5,000 5,000 0
5686 710 23000 Accordion Kings 7,000 7,000 7,000
5687 710 23000 Festejo Folklorico 0 0 0
5689 710 23000 Aussie Texans Connection 0 0 0
5690 710 23000 Celtic Music Festival 10,000 0 0
5691 710 23000 RR Pan Am Golf Association 0 0 0
5693 710 23000 RR Quilt and Cloth Doll Show 2,500 1,600 1,600
5694 710 23000 Williamson County Sesquicentennial 0 0 0
5695 710 23000 Marilyn Monroe Birthday 0 0 0
5645 710 23000 Chisholm Trail Fine Arts Festival 0 10,000 10,000
5644 710 23000 Lightcrust Doughboys 0 2,000 2,000
New 710 23000 Polocrosse Tournament 0 0 5,000
New 710 23000 Round Rock Bluegrass Festival 0 0 4,000
Total Tourism Events 107,200
Arts Support
5654 710 23000 Choir
5656 710 23000 Sam Bass Theater
5667 710 23000 Community Band
5681 710 23000 Ballet Folklorico
9,500
4,500
4,000
4,800
Total Arts Support 22,800
Budget summary, page 1
96,700 93,700
10,000
7,000
4,000
6,790
10,000
7,000
4,000
6,790
27,790 27,790
City of Round Rock
Hotel Occupancy Tax Fund #71
1999-2000 Revised Budget
OF
ITEM
98-99 99-00 99-00
Revised Original Revised
Budget Budget Budget
Tourism Support
5640 710 23000 OSP @ PV Festival Impvts
5639 710 23000 Chamber of Commerce
6112 710 23000 Lighted Outdoor Sign
5641 710 23000 Event Advertising
Total Tourism Support
Museum Support
5682 710 23000 Palm House Museum
0
61,047
0
63,953
125,000
2,000
0
80,566
0
52,944
0
80,566
0
52,944
133,510 133,510
2,000 2,000
Total Museum Support 2,000 2,000 2,000
Unallocated
6408 710 23000 Contingency
6615 710 23000 Hotel/Motel Demand Survey
3,000
0
0 3,000
0 0
Total Unallocated 3,000 0 3,000
Subtotal -Tourism, Arts, Museum 260,000 260,000 260,000
Convention Center Complex Project
??? Convention Center Complex Project 232,050 0 0
??? Transfer to Revenue Fund at Trustee Bank 0 515,000 515,000
??? Property Insurance 0 25,000 25,000
??? Contingency and Trustee Fees 0 25,000 25,000
Total Convention Center Project 232,050
Other
6110 710 23000 Cattle Drive Statues Project -Survey
6151 710 23000 Cattle Drive Statues Project -Land
0
38,500
565,000 565,000
0 0
0 0
Total Other 38,500 0 0
Total Expenditures $530,550 $825,000 825,000
Operating Reserves* (611,075)
Estimated Unreserved Fund Balance 9/30/00 SO
*Operating Reserves are established in accordance with operating reserve policies.
Budget summary, page 2
DATE: April 21, 2000
SUBJECT: City Council Meeting — April 27, 2000
ITEM: 11.C.1. Consider an ordinance amending the 1999-2000 Hotel Occupancy
Tax Budget. (Second Reading) The first reading of the ordinance
was approved on April 13, 2000. Staff Resource Person: David
Kautz, Finance Director.