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G-99-04-22-9A1 - 4/22/1999ORDINANCE NO. qq- 01/ " La ' (7f) 1 AN ORDINANCE AMENDING THE 1998-99 HOTEL OCCUPANCY TAX BUDGET. WHEREAS, the City Council has previously adopted a 1998-99 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 1998-99 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 day of , 1999. READ, APPROVED and ADOPTED on second reading this the day of E LAND, City Secretary K:\WPDOCS\ORDINANC\090408C1.WPD/scg 1999. CHARLES CULPE R, Mayor City of. Round Rock, Texas City of Round Rock Hotel Occupancy Tax Fund #71 Fund Balance Analysis Estimated Fund Balance 10/1/98 Less Reserves * Estimated Revenue (FY 1998-1999) Total Funds Available Requested Expenditures (FY 1998-1999) Estimated Unreserved Fund Balance 9/30/99 *Reserves are established for working capital and convention center complex facility. Budget summary, page 1 $ 162,769 (445,480) 813,261 530,550 (530,550) $ 0 City of Round Rock Hotel -Motel Tax Fund #71 1998-1999 Proposed Budget ACCOUNT# DESCRIPTIONOF ITE14 97-98 Revised Budget 98-99 Original Budget,' 98-49 Revised Budget 71-00-000-4123 71-00-000-4610 71-00-000-4626 71-00-000-4628 New 71-23-139-5000's 71-23-140-5000's 71-23-167-5651 71-23-167-5663 71-23-167-5664 71-23-167-5665 71-23-167-5666 71-23-167-5668 71-23-167-5669 71-23-167-5670 71-23-167-5673 71-23-167-5674 71-23-167-5676 71-23-167-5677 71-23-167-5678 71-23-167-5679 71-23-167-5683 71-23-167-5688 71-14-264-5685 71-23-167-5686 71-23-167-5687 71-23-167-5689 71-23-167-5690 71-23-167-5691 71-23-167-5693 71-23-167-5694 71-23-179-5654 71-23-179-5656 71-23-179-5667 71-23-179-5681 Beginning Estimated Fund Balance 10/1/98 REVENUES: Hotel -Motel Occupancy Tax Interest Income Round Rock Historical Homes Tour Contributions Bond Proceeds Total Revenues EXPENDITURES: Tourism Events Outlaw Trail 100 Sportsfest Sunrise Kiwanis Club Basketball Arts & Crafts Expo (Humane Society) Sertoma Girls Softball Music Festival (Bluegrass) El Amistad RR Police Officers Assn -BBQ Cook -Off Rock Hardball Classic Fast Draw Contest Frontier Days Advertising Texas Old Time Fiddlers Morning Kiwanis Cowboy Jubilee Old Settlers Reunion Chocolate Affair Old Time Texas Dance TBCH Children at Heart Daffodil Days Round Rock Historic Homes Tour Accordion Kings Festejo Folklorico Aussie Texans Connection Celtic Music Festival RR Pan Am Golf Association RR Quilt and Cloth Doll Show Williamson County Sesquicentennial 364,000 12,000 0 10,000 0 $62,099 509,015 12,000 0 10,000 0 $162,769 616,261 12,000 0 10,000 175,000 386,000 531,015 813,261 13,000 13,000 13,000 12,000 12,000 12,000 7,000 7,000 7,000 0 0 0 0 0 0 20,000 10,000 10,000 5,000 5,000 5,000 0 0 0 2,500 2,500 2,500 3,600 3,600 3,600 0 5,000 5,000 0 2,000 2,000 25,000 10,000 10,000 2,500 1,600 1,600 6,000 5,000 5,000 0 0 0 5,000 4,000 4,000 2,000 2,000 2,000 7,000 5,000 5,000 9,500 7,000 7,000 0 0 0 0 0 0 0 10,000 10,000 13,950 0 0 2,500 2,500 2,500 10,000 0 0 Total Tourism Events 146,550 107,200 107,200 Arts Support Choir Sam Bass Theater Community Band Ballet Folklorico 8,650 6,575 4,000 6,600 Total Arts Support 25,825 9,500 4,500 4,000 4,800 9,500 4,500 4,000 4,800 22,800 22,800 City of Round Rock Hotel -Motel Tax Fund #71 1998-1999 Proposed Budget 97-98 Revised Budget 98-99 Original Budget', 98-99 Revised Budget 71-23-203-5640 71-23-203-5639 71-23-203-6112 71-23-203-5641 Tourism Support OSP cr PV Festival Impvts Chamber of Commerce Lighted Outdoor Sign Event Advertising Total Tourism Support Museum Support 71-23-314-5682 Palm House Museum 71-23-113-6408 71-23-113-6615 New 0 75,178 0 25,575 100,753 2,273 Total Museum Support 2,273 Unallocated Contingency - Mid Year Events Hotel/Motel Demand Survey Total Unallocated Subtotal -Tourism, Arts, Museum Convention Center Complex Project Convention Center Complex Project Engineering, Surveying, Testing Legal Services Agrarian Services Feasibility Studies Architectural Services Media Services Travel, Transportation Miscellaneous 7,500 33,000 40,500 315,901 50,000 0 61,047 0 0 61,047 0 63,953 63,953 125,000 125,000 2,000 2,000 2,000 2,000 3,000 3,000 0 0 3,000 3,000 260,000 260,000 0 232,050 Total Convention Center Complex 50,000 0 232,050 Other 71-23-203-6151 Cattle Drive Statues Project -Land (1) 300,000 0 38,500 Total Other 300,000 0 38,500 Total Expenditures 665,901 260,000 530,550 Less Reserves* (333,114) (445,480) Estimated Unreserved Fund Balance 9/30/99 $0 $0 *Reserves are established for working capital and convention center complex facility. (1) Actual spent through 9/30/98 was $261,461. DATE: April 16, 1999 SUBJECT: City Council Meeting — April 22, 1999 ITEM: 9.A.1. Consider an ordinance amending the 1998-1999 Hotel Occupancy Tax Budget. (Second Reading) This amendment reflects certain preliminary costs for the Convention Center Complex, which are to be paid from the Hotel Occupancy Tax operating account. This amendment also reallocates funding for the remaining Chisholm Trail Statuary site, which was originally budgeted last year but not purchased until this year. The first reading of the ordinance was approved on April 8, 1999. Staff Resource Person: David Kautz, Finance Director.