Title
Consider an ordinance adopting the FY 2021-2022 Annual Budget for the City of Round Rock. (Second Reading)
Body
The City Manager’s proposed budget totals $525,452,599, summarized in the attached table. The proposed budget increased from the July 22, 2021 Council Budget Workshop to account for a policy change to dedicate a portion of revenues for historic preservation in the HOT fund. The City Council gave direction for the FY 2021-2022 proposed Annual Budget at their annual strategic planning retreats in January, February, and July 2021.
The items presented in this proposed budget address Council’s Strategic Goals for FY 2021-2022 and are summarized in the attached FY 2022 Proposed Budget Highlights and FY 2022 Budget in Brief documents.
Exhibit A of the FY 2021-2022 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 Round Rock Transportation and Economic Development Corporation (RRTEDC) Type B Fund. RRTEDC held a public hearing and approved the Type B Fund budget at their July 22, 2021 board meeting.
The complete proposed FY 2021-2022 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 2022 Annual Budget will be held on August 26, 2021. The second reading of the ordinance is scheduled for September 9, 2021.