CITY COUNCIL AGENDA COMMUNICATION
|AGENDA DATE:||August 22, 2017|
Conduct a Public Hearing on the Fiscal Year 2017-2018 City Budget as Required by Article IV, Section 4.04 of the Allen City Charter.
Eric Cannon, Chief Financial Officer
Chris Landrum, Budget Manager
|PREVIOUS COUNCIL ACTION:|
On July 25, 2017, City Council set Tuesday, August 8, 2017, and Tuesday,
August 22, 2017, as the Public Hearing dates regarding the City
On August 8, 2017, City Council held the first Public Hearing regarding the City Budget.
a Public Hearing on the Fiscal Year 2017-2018 City Budget as Required
by Article IV, Section 4.04 of the Allen City Charter.
City Charter requires that the City Council set and conduct a Public
Hearing on the Budget. This year, the City will hold two public hearings
to coincide with the two public hearings that are to be held on the tax
rate. August 8, 2017, and August 22, 2017, are the dates Council set
for the public hearings on the budget.
The City Charter mandates that no other business may be conducted at
these hearings. As stated in the City Charter, a Notice of Public
Hearing on the Budget must be published 5-15 days prior to the hearing.
The notice for the first public hearing was published on July 27,
2017, in The Allen American newspaper, and the notice for the second public hearing was published on August 10, 2017, in The Allen American newspaper.
The FY 2017-2018 Proposed Expenditure Budget totals $218,373,809 for all funds. The FY2017-2018 Proposed Revenue Estimate plus beginning Fund Balance totals $297,464,011 for all funds. Please refer to the attached Combined Budget Summary for further details.
recommends that the City Council conduct a public hearing and announce
that the City Council will vote on the budget at the September 12, 2017,
City Council meeting at 7:00 p.m. at Allen City Hall, 305 Century
Parkway, Allen, Texas.