15 & 16 - BUDGET - Laserfiche WebLink

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Item Nos. 15 & 16 memorandum TO: Mayor & City Council FROM: John Godwin, City Manager SUBJECT: BUDGET DATE: August 12, 2016 BACKGROUND: I previously presented a balanced budget to you that includes some new equipment, one -half of a new police employee, continued capital maintenance in Utilities, debt payments on the new fire apparatuses, design and partial construction costs associated with the new northwest EMS station, and increased costs passed on by the Corps of Engineers for our operations at Pat Mayse. No increase is recommended in the current tax rate ($0.50195 per $100 of valuation), or in any of our water or sewer rates. STATUS OF ISSUE: Since our last budget discussion, we have received final tax values from the tax appraiser, enabling us to add some funding for over -due tennis court refurbishing ($22,000) and bridge work on the Lake Crook road ($58,000). Should the council wish to make additional changes, they need to be completed fairly quickly. Our first public hearing will be at a special council meeting conducted on Tuesday, September 6. The budget is scheduled to be adopted at another special meeting on Monday, September 19. BUDGET: NA at this time. RECOMMENDATION: Call for public hearings on the budget and tax rates on September 6 and 12, and provide additional direction and clarification to staff as needed.