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CITY COUNCIL AGENDA COMMUNICATION |
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| | | | | | | | | AGENDA DATE: | September 13, 2016 |
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| | | | | | | | | SUBJECT: | Adopt an Ordinance Approving the Fiscal Year 2016-2017 Budget, Amending the Fiscal Year 2015-2016 Budget, and Approving the 2017-2021 Capital Improvement Program. |
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| | | | | | | | | STAFF RESOURCE: | Eric Cannon, Chief Financial Officer
Chris Landrum, Budget Manager |
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| | | | | | | | | PREVIOUS COUNCIL ACTION: | The City Council held public hearings on the Budget on August 23, 2016, and September 6, 2016. |
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| | | | | | | | | ACTION PROPOSED: | Adopt an Ordinance Approving the Fiscal Year 2016-2017 Budget, Amending the Fiscal Year 2015-2016 Budget, and Approving the 2017-2021 Capital Improvement Program. |
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| | | | | | | | BACKGROUND
The budget process for the City of Allen begins in January and culminates in the action by the City Council to adopt the budget and set the tax rate. This process includes the City Council Strategic Planning Session held in January, the City Council Budget Workshop that was held August 19 - 21, and Public Hearings on the Budget and Tax Rate held on August 23 and September 6.
Before the tax rate is adopted, an ordinance approving the budget and setting the appropriations must be adopted. The ordinance approving the budget sets the appropriations for Fiscal Year 2016-2017, amends the existing Fiscal Year 2015-2016 budget, accepts the 2017 - 2021 Capital Improvement Program (CIP), and authorizes the City Manager to make adjustments as specified in the ordinance.
Local Government Code Chapter 102.007 (c) requires an additional motion. Beginning September 1, 2007, adoption of a budget that requires raising more revenue from property taxes than in the previous year also requires a separate vote of the governing body to ratify the property tax increase reflected in the budget. This separate vote is in addition to the vote to adopt the budget and the vote to set the tax rate.
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| | | | | | | | BUDGETARY IMPACT
Sets the Fiscal Year 2016-2017 budget and amends the existing Fiscal Year 2015-2016 budget.
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| | | | | | | | STAFF RECOMMENDATION
Staff recommends that the City Council adopt an ordinance approving the Fiscal Year 2016-2017 budget, amending the Fiscal Year 2015-2016 budget, accepting the 2017-2021 Capital Improvement Program, and authorizing the City Manager to make adjustments as specified. The 2017-2021 Capital Improvement Program was previously distributed at the August 9, 2016 Council meeting.
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| | | | | | | | MOTION
The City Council will need to make 2 separate motions and take 2 separate votes:
Motion for first vote:
I make a motion to adopt Ordinance No. _______________ approving the Fiscal Year 2016-2017 budget, amending the Fiscal Year 2015-2016 budget, and approving the 2017-2021 Capital Improvement Program.
AND,
Motion for second vote:
I make a motion to ratify the increase in property tax revenues reflected in the Fiscal Year 2016-2017 budget.
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