G-07-11-08-9C5 - 11/8/2007 :-z
ORDINANCE NO. _� -(-�
AN ORDINANCE ADOPTING A BUDGET FOR THE LIBRARY FUND
FOR THE 2007-2008 FISCAL YEAR.
WHEREAS, the Library Fund was created to purchase various
library materials with donations from library patrons, and
WHEREAS, the City Council wishes to adopt a budget for fiscal
year 2007-2008, Now Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS:
That a budget for fiscal year 2007-2008 for the Library Fund
is hereby approved and adopted in accordance with 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.
READ and APPROVED on first reading this the -
day o f ,'�� L G ��l_V , 2007 .
READ, APPROVED and ADOPTED on second reading this the
day of N'A �i.j �,--- 7
N Mayor
it of Round Rock, Texas
AT E T:
CHRISTINE R. MARTINEZ, City Secre ary
0:\wdor.\ORET,NANC\0711JBCS.WPD/rmc
City of Round Rock
Library Fund #800
2007-2008 Proposed Budget
0 .-07 i . is
Approved Estimated Proposed
DESCRIPTION OF ITEM Budget Actual Budget
Estimated Fund Balance 10/1/07 $14,269 $14,269 $15,220
Less: Departmental Reserves (10,000) (10,000) (3,500)
4,269 4,269 11,720
REVENUE.1:
Interest Income 500 500 500
Library Donations 800 3,321 3,000
Total Revenues 1,300 3,821 3,500
Total Funds Available 5,569 8,090 15,220
EXPENDITURES:
Fiction Books & Materials 4,000 2,870 5,000
Total Expenditures 4,000 2,870 5,000
Estimated Unreserved Fund Balance 9/30/08 $1,569 $5,220 $10,220
EXHIBIT
"A l l
DATE: November 1, 2007
SUBJECT: City Council Meeting - November 8, 2007
ITEM: *9C5. Consider an ordinance adopting the Library Fund Budget for FY
2007-2008. (Second Reading)
Department: Finance
Staff Person: Cheryl Delaney, Assistant Finance Director
Justification:
Donations from library patrons are used to purchase various library materials.
Funding:
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Background Information:
This fund accounts for donations by patrons of the library for various books and videos to be
purchased and housed in the library.
Public Comment: N/A