Title
Consider an ordinance adopting the FY 2017-2018 Annual Budget for the City of Round Rock. (Second Reading)
Body
The City Manager’s proposed budget as presented at the July 13, 2017 Budget Workshop with subsequent amendments totals $329,996,296. The totals by fund are presented below:
|
General Fund |
$110,806,800 |
|
General Capital Projects & Equipment Fund |
59,857,199 |
|
Debt Service Fund |
19,206,912 |
|
Utility Fund |
75,928,239 |
|
Drainage Fund |
9,898,292 |
|
Hotel Occupancy Tax Fund |
5,293,961 |
|
Sports Center Fund |
2,202,261 |
|
Type B Fund |
40,752,434 |
|
Special Revenue Funds |
6,050,198 |
|
Total FY 2018 Annual Budget |
$329,996,296 |
The City Council gave direction for FY 2017-2018 proposed Annual Budget at their annual strategic planning retreat in January and February 2017.
The resulting proposed Annual Budget was reviewed by the City Council at a Budget Workshop on July 13, 2017. The items presented in this proposed budget address Council’s Strategic Goals for FY 2018 and are summarized on Attachment 1 - FY2018 Proposed Budget - Highlights.
Exhibit A of the FY 2017-2018 Budget ordinance includes a summary of the revenues and expenses for all of the funds for the City of Round Rock.
The Round Rock Transportation and Economic Development Corporation approved the Type B Fund budget at their July 27, 2017 board meeting. This city-wide budget includes the Type B Fund and this ordinance is also formal approval of that budget.
The complete proposed FY 2017-2018 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.