Title
Consider public testimony regarding, and an ordinance adopting the FY 2024-2025 Annual Budget for the City of Round Rock. (First Reading)(Requires Two Readings)
Body
The City Manager’s proposed budget totals $682,165,600, summarized in the table attached as Exhibit A. The City Council gave direction for the FY 2024-2025 proposed Annual Budget at their annual strategic planning retreats in January and February 2024. This proposed budget was presented to Council at its annual budget work session on July 25, 2024.
The items presented in this proposed budget address Council’s Strategic Goals for FY 2024-2025 and are summarized in the attached FY 2025 Proposed Budget Highlights and FY 2025 Budget in Brief documents.
Exhibit A of the FY 2024-2025 Budget ordinance presents an overview of all the revenues and expenses for all the funds for the City of Round Rock.
This city-wide budget also includes the Round Rock Transportation and Economic Development Corporation (RRTEDC) or Type B Fund. RRTEDC held a public hearing and approved the Type B Fund budget at their July 25, 2024, board meeting.
The complete proposed FY 2024-2025 Annual Budget workbook can be found on the City of Round Rock’s website. A hard copy is available for review in the Round Rock Public Library located at 200 E. Liberty Ave.
All filings, disclosures and publications have been done in accordance with Section 102 of the Local Government Code.
A public hearing and first reading of the ordinance regarding the FY 2025 Annual Budget will be held on August 22, 2024. The second reading of the ordinance is scheduled for September 12, 2024.