R-98-05-14-10C3 - 5/14/1998RESOLUTION NO. R -98-05-14-10C3
WHEREAS, the City Council has previously adopted by
resolution a 1997-98 budget for the expenditure of hotel tax funds,
and
WHEREAS, the Council wishes to amend said budget in
accordance with the attached proposal, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
That the 1997-98 budget for the expenditure of hotel tax funds
be amended as set forth in Exhibit "A" attached hereto and
incorporated herein for all purposes.
The City Council hereby finds and declares that written notice
of the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to
the public as required by law at all times during which this
Resolution 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.
RESOLVED this 14th day of May, 19 8.
CHARLES CU P�PER, Mayor
City of Round Rock, Texas
ATTEST:
ANNE LAND, City Secretary
1(:\WPDOCS\RESOLUTI\R80514C3.WPD/scg
City of Round Rock
Hotel -Motel Tax Fund #71
Fund Balance Analysis
Estimated Fund Balance 10/1/97
Less Reserves (* 1)
Operating Reserves
Reserve for Future Use
Estimated Revenue (FY 1997-1998)
Total Funds Available
Requested Expenditures (FY 1997-1998)
Estimated Unreserved Fund Balance 9/30/98
*1 - Reserves are established in accordance with operating reserve policies.
$ 342,000
(62,000)
(300,000) (362,000)
386,000
366,000
(365,901)
$ 99
1
City of Round Rock
Hotel -Motel Tax Fund #71
1997-1998 Proposed Budget
ACCOUNT #
DESCRIPTION OF ITEM
96-97 97-98
Revised
Budget
Original
Budget
97-98
Revised
Budget
71-00-000-4123
71-00-000-4610
71-00-000-4626
71-00-000-4628
1-23-139-5000's
1-23-140-5000'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 Unreserved Fund Balance 10/1/97
REVENUES:
Hotel -Motel Occupancy Tax
Interest Income
Round Rock Historical Homes Tour
Contributions
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
Total Tourism Events
Arts Support
Choir
Sam Bass Theater
Community Band
Ballet Folklorico
Total Arts Support
300,000
6,000
1,750
0
307,750
12,000
10,000
7,000
2,400
10,000
2,500
5,000
0
2,500
3,000
0
5,000
25,000
2,500
0
0
5,000
1,500
3,850
9,000
2,500
5,000
10,000
0
0
0
123,750
7,250
4,000
4,000
5,000
20,250
364,000
12,000
0
10,000
386,000
13,000
12,000
7,000
0
0
20,000
5,000
0
2,500
3,600
0
0
25,000
2,500
6,000
0
5,000
2,000
7,000
9,500
0
0
0
13,950
0
0
$42,000
364,000
12,000
0
10,000
386,000
13,000
12,000
7,000
0
0
20,000
5,000
0
2,500
3,600
0
0
25,000
2,500
6,000
0
5,000
2,000
7,000
9,500
0
0
0
13,950
2,500
10,000
134,050 146,550
8,650
6,575
4,000
6,600
8,650
6,575
4,000
6,600
25,825 25,825
City of Round Rock
Hotel -Motel Tax Fund #71
1997-1998 Proposed Budget
96-97
ACCOUNT#
DESCRIPTION OF ITEM
Budget
97-98 97-98
Original Revised
Budget Budget
71-23-203-5640
71-23-203-5639
71-23-203-6112
71-23-203-6110
71-23-203-5641
Tourism Support
OSP @ PV Festival Impvts
Chamber of Commerce
Lighted Outdoor Sign
Longhorn Statues Project
Event Advertising
Total Tourism Support
Museum Support
71-23-314-5682 Palm House Museum
New
71-23-113-6408
New
Total Museum Support
Multi Purpose Facility
Multi Purpose Stadium/Coliseum Facility
Total Multi Purpose Facility
Unallocated
Contingency - Mid Year Events
Hotel/Motel Demand Survey
Total Unallocated
0
75,178
55,000
15,000
0
145,178
2,000
2,000
0
0
10,000
0
10,000
0
75,178
0
0
25,575
100,753
2,273
2,273
0
0
20,000
0
20,000
Total Expenditures 301,178 282,901
Operating Reserves*
Estimated Unreserved Fund Balance 9/30/98
*Operating Reserves are established in accordance with operating reserve policies.
0
75,178
0
0
25,575
100,753
2,273
2,273
50,000
50,000
7,500
33,000
40,500
365,901
(62,000)
$99
DATE: May 8, 1998
SUBJECT: City Council Meeting, May 14, 1998
ITEM: 10. C. 3. Consider a resolution amending the 1997-1998 Hotel/Motel
Budget.
This amendment provides funding for preliminary engineering, surveying
and other miscellaneous costs for a multi-purpose stadium or coliseum
facility. The Hotel/Motel Budget is funded entirely through the hotel
occupancy tax. Staff Resource Person: David Kautz, Finance Director
The budget revision is attached.