G-07-11-08-9C8 - 11/8/2007 ORDINANCE NO.6-(,�
AN ORDINANCE ADOPTING THE BUDGET FOR THE TREE FUND
FOR THE 2007-2008 FISCAL YEAR.
WHEREAS, in §3 . 116 of the Round Rock Code of Ordinances (1995
Edition) the City Council established the Tree Fund to be used
solely for the purpose of purchasing and installing trees on public
rights-of-way, public parks land or any other city-owned property,
and for administering the Tree Fund, and
WHEREAS, the Parks and Recreation Department has submitted a
proposed budget for the Tree Fund for fiscal year 2007-2008, and
WHEREAS, the City Council wishes to approve said budget, Now
Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS:
That the Tree Fund budget submitted by the Parks and
Recreation Department for fiscal year 2007-2008, attached hereto as
Exhibit "A" , is hereby approved.
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 SS1, Texas Government Code, as amended.
READ and APPROVED on first reading this the >1
day o f 10C-1 �,� i�"`� 2007 .
0:Awdox\OPDINANC\0�1108C8.WPD/rmc
READ, APPROVED and ADOPTED on second reading this the
day of
2007 .
lKi\i
>711ZLE "ELL, lMayor
� City of Round Rock, Texas
ATTEST:
CHRISTINE R. MARTINEZ, City Secretayy
2
City of Round Rock
Tree Replacement Fund #610
2007-2008 Proposed Budget
0 . 0. 0:
Approved Estimated Proposed
DESCRIPTION OF ITEM Budget Actual • • -
Estimated Fund Balance 10/1/07 $66,802 $66,802 $388,776
Less: Departmental Reserves (5,000) (5,000) (38,878)
61,802 61,802 349,898
REVENUES:
Tree replacement fees 1,500 315,435 1,500
Donations/Contributions 3,500 525 500
Interest Income 1,301 6,014 10,000
Total Revenues 6,301 321,974 12,000
Total Funds Available 68,103 383,776 361,898
EXPENDITURES:
Tree Planting 0 0 250,000
Sub Total 0 0 250,000
Total Expenditures 0 0 250,000
Estimated Unreserved Fund Balance 9/30/08 $68,103 $383,776 $111,898
=unds\[Tree Replacement 08.xls]Tree Replacement
EEXHIBIT
"All
DATE: November 1, 2007
SUBJECT: City Council Meeting - November 8, 2007
ITEM: *9C8. Consider an ordinance adopting the Tree Fund Budget for FY 2007-
2008. (Second Reading)
Department: Finance
Staff Person: Cindy Demers, Finance Director
Rick Atkins, Parks and Recreation Director
Justification:
Funding will be used to plant approximately 500 trees at OSP baseball and softball complex.
Funding•
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Background Information:
This fund was established to provide for replacement trees, destroyed through the
development process. The purpose is to "reforest" the community, not necessarily replant
in the same location. Developers, who must cut a mature tree(s) and cannot replace the
tree(s) on the site, must contribute to this fund. In addition, interested parties also make
contributions to purchase trees. This budget allows available funds to be expended for the
planting of trees in the parks and other city property.
Public Comment: N/A