Title
Consider public testimony regarding the FY 2018-2019 Annual Budget for the City of Round Rock.
Body
This public hearing fulfills the requirements of the Texas Local Government Code, Section 102.006 providing for public comment on the proposed FY 2018/2019 Annual Budget.
The City Manager’s proposed budget as presented at the July 26, 2018 Budget Workshop totals $356,850,415. The totals by fund are presented below:
General Fund $126,552,138
General Capital Projects & Equipment Fund 43,504,105
Debt Service Fund 21,583,071
Utility Fund 83,768,067
Drainage Fund 9,174,967
Hotel Occupancy Tax Fund 7,269,521
Sports Center Fund 2,293,284
Type B Fund 55,464,854
Special Revenue Funds 7,240,408
Total FY 2018 Annual Budget $356,850,415
The City Council gave direction for FY 2018/2019 proposed Annual Budget at their annual strategic planning retreats in January and February 2018.
The resulting proposed Annual Budget was reviewed by the City Council at a Budget Workshop on July 26, 2018. The items presented in this proposed budget address Council’s Strategic Goals for FY 2018/2019 and are summarized on Attachment 1, FY2019 Proposed Budget - Highlights.
The Round Rock Transportation and Economic Development Corporation held a public hearing and approved the Type B Fund budget at their July 26, 2018 board meeting. This city-wide budget also includes the Type B Fund.
The complete proposed FY 2018/2019 Annual Budget workbook can be found on the City of Round Rock’s website. A hard copy is available for review in the Robert G. and Helen Griffith Public Library located at 216 E Main Street.
The first reading of the ordinance regarding the FY 2018/2019 Annual Budget is being held tonight. The second reading of the ordinance will be on September 13, 2018.