Title
Consider an ordinance adopting the FY 2020-2021 Annual Budget for the City of Round Rock. (Second Reading)
Body
The City Manager’s proposed budget as presented at the July 21, 2020 Council Budget Workshop totals $420,162,117, summarized in the attached table. The City Council gave direction for the FY 2020-2021 proposed Annual Budget at their annual strategic planning retreats in January, February, and July 2020.
The items presented in this proposed budget address Council’s Strategic Goals for FY 2020-2021 and are summarized in the attached FY 2021 Proposed Budget Highlights and FY 2021 Budget in Brief documents.
Exhibit A of the FY 2020-2021 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 23, 2020 board meeting.
The complete proposed FY 2020-2021 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 and first reading of the ordinance regarding the FY 2021 Annual Budget are being held tonight. The second reading of the ordinance will be on September 10, 2020.