The 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.

Staff 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.