Title
Consider an ordinance adopting the FY 2019-2020 Annual Budget for the City of Round Rock. (Second Reading)
Body
The City Manager’s proposed budget as presented at the August 8, 2019 Council Budget Workshop totals $444,745,032, summarized in the attached chart. The City Council gave direction for the FY 2019-2020 proposed Annual Budget at their annual strategic planning retreats in January and February 2019.
The proposed Annual Budget was reviewed by the City Council at a Budget Workshop on August 8, 2019. The items presented in this proposed budget address Council’s Strategic Goals for FY 2019-2020 and are summarized on the attached FY2020 Proposed Budget Highlights and FY2020 Budget in Brief documents.
Exhibit A of the FY 2019-2020 Budget ordinance presents an overview of all the revenues and expenses for all of the funds for the City of Round Rock.
This city-wide budget also includes the Type B Fund. The Round Rock Transportation and Economic Development Corporation (Type B Corp) held a public hearing and approved the Type B Fund budget at their July 25, 2019 board meeting.
The complete proposed FY 2019-2020 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.
A public hearing on the FY 2019-2020 Annual Budget was also held as part of this agenda with the second reading scheduled for September 12, 2019.