Round Rock City Council approves Dell, historical preservation adjustments to financial policies

Members of Round Rock Preservation were in the audience of the Aug. 26 City Council meeting, wearing red T-shirts. (Brooke Sjoberg/Community Impact Newspaper)
Members of Round Rock Preservation were in the audience of the Aug. 26 City Council meeting, wearing red T-shirts. (Brooke Sjoberg/Community Impact Newspaper)

Members of Round Rock Preservation were in the audience of the Aug. 26 City Council meeting, wearing red T-shirts. (Brooke Sjoberg/Community Impact Newspaper)

An increased limitation of the role of sales tax from Dell Technologies Inc. and a designation of some hotel occupancy taxes for historical preservation were approved by the Round Rock City Council on Aug. 26.


A resolution adopting changes to some of the financial policies associated with the budget for fiscal year 2021-22 was approved by the council, allowing the proportion of Dell sales tax revenue to be further limited from 20% to 15% of the annual budget as well as the allocation of 3% of hotel occupancy tax funds and a one-time designation of $300,000 of uncommitted excess fund balance for this purpose, according to the city. Historic preservation funds from hotel taxes are intended to be used to support the retention of the historic character of buildings, structures, sites and districts throughout the city. Additionally, the cap on Dell sales tax in the budget will be reduced on a schedule. It is down to 17% for the FY 2021-22, 16% in FY 2022-23 and 15% by FY 2023-24. Any excess sales tax received will be budgeted and deposited into the city's general self-finance construction fund for one-time capital expenditures, according to information from the city's meeting packet.
By Brooke Sjoberg
Brooke Sjoberg is the Round Rock reporter for the Round Rock and Pflugerville/Hutto editions of Community Impact Newspaper. She worked for The Gonzales Inquirer, The Daily Texan and The Daily Dot among other publications before coming to Community Impact. Brooke is from Seguin, TX and graduated from The University of Texas at Austin in 2020. Her last name is pronounced Show-burg.


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