HomeMy WebLinkAbout07/07/2009 - Special Agenda Packet - City Council (2)CITY OF COLLEGE STATION
Home of Tnrar A&M Univmiry'
Mayor
Ben White
Mayor ProTem
City Manager
Glenn Brown
Councilmem bers
John Crompton
James Massey
Dennis Maloney
Katy-Marie Lyles
Lawrence Stewart
Dave Ruesink
MINUTES
City Council Special Meeting
Tuesday, July 7,2009 at 4:00 pm
Carter Creek Wastewater Treatment Plant
2200 N. Forest Parkway - Training Room
College Station, Texas
Mayor White called the special budget workshop meeting to order at 4:00 pm. All Council members present.
Jeff Kersten Chief Financial Officer made introductory comments about the time line for future scheduled
budget meetings of the City Council. He emphasized that the proposed budget was prepared to reflect the City
Council mission, strategic goals, financial forecast, and fiscal and budgetary policies.
This meeting was held for the purpose of presenting proposed options for FY2010 General Fund Budget. The
options proposed below assume an $800,000 reduction from the FY 10 General Fund Base Budget.
Option #1 - Base Budget - derived from the FY09 estimated year-end results, adjusted slightly for minimal
growth in revenue and anticipated changes in costs.
Option #2 - begins with the Base Budget and builds in minimal Public Safety Service Level Adjustments,
development fee increases and a 1.5 cent property tax rate increase.
Option #3 - starts with the Base Budget and builds in Service Level Adjustments and pay increases similar to
prior year adjustments - requiring permit fee increases along with a 4.5 cent property tax rate increase. In this
scenario the services drive the budget.
Mr. Kersten reported on the preliminary FY 10 general fund base budget of revenues and expenditures.
General Fund Revenue Assumptions $53,3 16,486
Sales Tax: 1% over FY09 estimated year end revenue
Permit Revenue: 0.15% decrease from FY09 estimated revenues
Property Tax Revenues: Preliminary valuation $5.56 Billion
Estimated Final Value: $5.4 Billion
Current Tax Rate 43.94 cents
Debt Service Rate 24.6048 cents
General Fund rate 19.3352 cents
General Fund Expenditures Estimated $5 3,4 1 5,3 39
2.89% decrease from FY09 Revised Budget
Includes removal of prior year one time SLA's totaling $1.5 million
Brief discussion was held on rollback tax proceedings. Council asked staff to report back with inf~~mation on
rollback election.
City Council Budget Meeting
7/7/2009
Page 2
Council members expressed consensus to discontinue funding over a three year period to outside service
agencies that do not meet the CDBG requirements
Public hearings on tax rate scheduled for August 27 and September 1, and adoption of tax rate scheduled for
September 10.
Discussion concluded.
Council began executive session at 6:05 pm.
Competitive Matters (Gov't Code Section 55 1.086); possible action
The City Council may deliberate, vote, or take final action on a competitive matter in closed session. The City
Council must make a good faith determination, by majority vote of the City Council, that the matter is a
Competitive Matter. A "Competitive Matter" is a utility-related matter that the City Council determines is
related to the City of College Station's Electric Utility Competitive Activity, including commercial information,
which if disclosed would give advantage to competitors or prospective competitors. The following is a general
representation of the subject(s) to be considered as a competitive matter.
a. Electric Fund FY2009-20 10 Preliminary Budget
Council concluded executive session at 650 pm. No action was taken.
Mayor White adjourned the meeting at 650 pm.
PASSED AND APPROVED this 74 day of August, 2009
APPROVED: A
Mayor Ben White
City Secretary con& Hooks