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MINUTES OF THE SPECIAL MEETING OF THE CITY COUNCIL <br />August 20, 2001 <br />The City Council of the City of Paris met in special session Monday, August <br />20, 2001, 6:00 P. M., Paris Junior College, Applied Technology Building, <br />Room 1016, 2400 Clarksville Street, Paris, Texas. Mayor Michael J. Pfiester <br />called the meeting to order with the following Council Members present: John <br />F. Bell, Joe E. McCarthy, Richard Manning, Kevin Gray, John A. Carter, Jr. <br />and Benny Plata. Also present were City Manager Michael E. Malone, City <br />Attorney Larry W. Schenk, and City Clerk Mattie Cunningham. <br />Invocation was given by Gene Anderson, Director of Finance for the City of <br />Paris. <br />Mayor Pfiester announced that the first item on the agenda was the <br />presentation by the City Manager of the proposed budget for fiscal year 2001- <br />2002 for the City of Paris. <br />City Manager Malone said he had prepared for the City Council's perusal and <br />consideration a budget program of services for the 2001-2002 fiscal year. City <br />Manager Malone said the most salient feature of the budget that is being <br />presented tonight is that it requires no tax increase and no utility rate increase. <br />He said there are many requests that department heads have made, and he was <br />sure there were requests that citizens have made for inclusion in the budget of <br />items that we have not been able to place in the budget. City Manager Malone <br />stated that needed investment in the city's infrastructure and in the human <br />resources would be limited because revenues were not being increased to the <br />extent required in order to have a lean budget and no revenue increases due to <br />taxes or utility rates. <br />City Manager Malone pointed out in his draft letter that the city has a twenty <br />million dollar budget in the General Fund with a contingency of only <br />$150,000.00 budgeted. He said there has been a growth in taxable value of <br />new property of $25,678,740.00 for a yield of an additional $156,640.00 in <br />income at one hundred percent collection, at a tax rate of $0.61, which is the <br />