O-89-2425 - 9/28/1989ORDINANCE NO.
AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR
THE CITY OF ROUND ROCK, TEXAS, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1989, AND ENDING SEPTEMBER 30,
1990, DIRECTING THE CITY SECRETARY TO FILE A TRUE
COPY OF THE BUDGET WITH THE COUNTY CLERK OF
WILLIAMSON COUNTY, TEXAS.
WHEREAS, the City Manager of the City of Round Rock, Texas, has
heretofore submitted, in accordance with the state law and the City's
Charter, a budget for said City, for the fiscal year beginning
October 1, 1989, and ending September 30, 1990; and
WHEREAS, proper and timely notice that a public hearing on such
budget would be held on September 14, 1989, was given and made in
accordance with the law and within the time limits set forth by law;
and
WHEREAS, such public hearing was held in accordance with law on
September 14, 1989, prior to both readings of this ordinance; NOW
THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS
THAT:
The attached budget for the fiscal year beginning October 1, 1989
and ending September 30, 1990, is hereby in all things approved and
adopted and it shall be effective as of October 1, 1989.
The City Secretary is directed to file a certified copy of this
ordinance along with a true copy of the attached budget with the
County Clerk of Williamson County, Texas. 11� �.%,,
READ and APPROVED on first reading this the )44:01 1 day of
September, 1989.
READ, APPROVED and ADOPTED on second reading this the day
of September, 1989.
MIKE ROBINSON, Mayor
City of Round Rock, Texas
ATTEST:
NE LAND, City Secretary
C-OR09149C
THE CITY OF ROUND ROCK, TEXAS
FISCAL YEAR 1989-1990
PROPOSED BUDGET
GENERAL, DEBT SERVICE AND UTILITY FUNDS
GENERAL FUND TOTAL REVENUE
GENERAL FUND TOTAL EXPENDITURES
NET CHANGE PROVIDED BY OPERATIONS
RESERVES (NET)
ENDING BALANCE
DEBT SERVICE FUND TOTAL REVENUE
DEBT SERVICE FUND TOTAL EXPENDITURES
NET CHANGE PROVIDED BY OPERATIONS
RESERVES (NET)
ENDING BALANCE
UTILITY FUND TOTAL REVENUE
UTILITY FUND TOTAL EXPENDITURES
NET CHANGE PROVIDED BY OPERATIONS
RESERVES (NET)
ENDING BALANCE
1988-1989
ESTIMATED
REVISED
1989-1990
REV. PROPOSED
APPROPRIATION
$ 10,234,734.00 $ 10,354,654.00
(10,158,615.00) (10,338,432.00)
76,119.00
(16,000.00)
$ 60,119.00
$ 5,189,604.00
(4,879,575.00)
310,029.00
0.00
$ 310,029.00
16,222.00
(16,000.00)
222.00
$ 4,922,885.00
(5,122,885.00)
(200,000.00)
200,000.00
0.00
$ 7,078,279.00 $
(7,661,434.00)
(583,155.00)
583,155.00
7,358,008.00
(7,956,901.00)
(598,893.00)
598,893.00
$ 0.00 $
0.00
Summary of Receipts and Expenditures
Operating Funds
October 1, 1989 through September 30, 1990
DEBT WATER AND
GENERAL SERVICE WASTEWATER
FUND FUND UTILITY FUND
Estimated Cash Balance 10/01/89 $ 2,486,843.00 $ 1,117,764.00 $ 4,601,865.00
Estimated Revenue 9,754,654.00 3,219,342.00 7,358,008.00
Interfund Transfers
600,000.00
Total Funds Available I2,841,497.00
Proposed Expenditures 10,338,432.00
1,703,543.00 (2,303,543.00)
6,040,649.00 9,656,330.00
5,122,885.00 5,653,358.00
Estimated Cash Balance 09/30/90 $ 2,503,065.00 $ 917,764.00 $ 4,002,972.00
Exhibit B
GENERAL FUND
Proposed Operating Budget 1989-90
Ending Balance As Amended 9/14/89
Revenue Adjustments
a) Increase property tax collection rate
from 98% to 99%
b) Increase interest income projection
Expenditure Adjustments
a) Reduce contingency (10-19-5458)
b) Reduce computer maintenance agreement
c) Pay plan additional requirement
d) Williamson County Crisis Center
Ending Balance as Revised
WATER/WASTEWATER UTILITY FUND
-No Changes-
$ 6,222.00
19,000.00
13,000.00
8,000.00
4,000.00
(40,000.00)
(10,000.00)
$ 222.00
DATE: September 25, 1989
SUBJECT: Council Agenda, September 28, 1989
ITEM: 12A. Consider an ordinance adopting the 1989-90 Budget.
(Second Reading)
STAFF RESOURCE PERSON: David Kautz
STAFF RECOMMENDATION:
A summary of the budget is attached along with final amendments
(schedule B).
The budget is balanced with the Effective Tax Rate of $0.48365/$100
and a Utility rate schedule that includes a 9% increase in the
average residential water and wastewater bill.
ECONOMIC IMPACT: