Title
Consider public testimony regarding the FY 2016-2017 Annual Budget for the City of Round Rock. (First Public Hearing)
Body
This public hearing fulfills the requirements of the Texas Local Government Code, Section 102.006 providing for public comment on the proposed FY 2016/17 Annual Budget.
The City Manager’s original proposed budget as presented at the July 26, 2016 Budget Workshop totaled $322,284,950, after receiving further direction net changes were made in the amount of $1,250,000. The totals by fund are presented below:
• General Fund $106,711,934
• General Capital Projects & Equipment Fund $75,756,427
• Debt Service Fund $17,664,167
• Utility Fund $63,034,150
• Drainage Fund $12,208,916
• Hotel Occupancy Tax Fund $8,066,334
• Sports Center Fund $2,066,597
• Type B Fund $35,054,068
• Special Revenue Funds $2,972,357
• Total FY 2016/17 Annual Budget $323,534,950
The proposed 2016/17 Annual Budget was reviewed by the City Council at a Budget Retreat on July 26, 2016. The items presented in this proposed budget address Council’s Strategic Goals for FY 2016/17 and are summarized on Attachment 1, FY2017 Proposed Budget - Highlights.
The complete proposed FY 2016/17 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.
The first reading of the ordinance regarding the FY 2016/17 Annual Budget is being held tonight. The second reading of the ordinance will be on September 8, 2016.