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O-86-2253 - 10/9/1986ORDINANCE NO. 2253 AN ORDINANCE PROVIDING FOR THE REVISION OF TiE 3UDGET OF THE CITY OF ROUND POCK, TEXAS FOR FISCAL YEAR 1985-1986. BE IT ORDAINED BY THE COUNCI L OF THE CITY OF ROUND ROCK., TEXAS That the budget of the City of Round Rock, Texas, for Flisc& Year 1985-1986 is hereby revised in accordance with the Qrobosai suorrs1tted to the (..ounc 1 by the City Manager, which proposal is attached Iereto as Exhibit "A" and is incorporated into this ordinance by reference for a purposes. READ and APPROVED on first reading this the 25th day. 1986. READ, APPROVED and ADOPTED on secono reading this tne day of 6_adLOU ATTEST: :NE LAND, ity Secretary dj2414e2 a/nab/ DLW/jmo Multi -Mate Program Titled: BudRev Typed: 9/23/86 986. MIKE ROBINSON, Mayor Citv of. Round Rock, texas THE CITY OF ROUND ROCK, TEXAS FISCAL YEAR 1985-1986 FINAL BUDGET REVISION GENERAL FUND AND UTILTY FUND TOTAL FUNDS AVAILABLE: GENERAL FUND UTILITY FUND TOTAL FUNDS AVAILABLE TOTAL USES OF FUNDS: ORIGINAL 1985-86 REVISED 1985-86 $ 8,356,494 $ 8,290,018 6,995,713 7,966,849 $15,352,207 $16,256,867 GENERAL FUND $ 8,017,131 $ 7,940,018 UTILITY FUND 6,721,899 7,304,981 RESERVES 0 0 TOTAL USES OF FUNDS $14,739,030 $15,244,999 COMBINED FUND BALANCE $ 613,177 $ 1,011,868 This is the annual "housekeeping" adjustments to the current years budget 'before year end close out. The ordinance adjusts individual budget items up or down to actual revenues or expenditures. The summary is listed below.; The General Fund Revenues and Expenditures shown below are typical adjustments. Utility fund expenditures reflect budgeting for $328,520 of oversize reimbursement during the current year, additional $31,955 of WCID participation, $6774 of Regional Water line debt and the full accural of $198,252 of interest payable on Revenue Bonds outstanding for next year as required by bond covenents. The revenues to offset these expenditures are from the oversize account, capital recovery account, unreserved fund balance and $190,000 of undubdgeted utility sales.