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CITY COUNCIL AGENDA COMMUNICATION |
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| | | | | | | | | AGENDA DATE: | September 12, 2017 |
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| | | | | | | | | SUBJECT: | Adopt an Ordinance Approving the Fiscal Year 2017-2018 Budget, Amending the Fiscal Year 2016-2017 Budget, and Approving the 2018-2022 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 8, 2017, and August 22, 2017. |
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| | | | | | | | | ACTION PROPOSED: | Adopt
an Ordinance Approving the Fiscal Year 2017-2018 Budget, Amending the
Fiscal Year 2016-2017 Budget, and Approving the 2018-2022 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
18 - 20, and Public Hearings on the Budget and Tax Rate held on August 8 and August 22.
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 2017-2018, amends the
existing Fiscal Year 2016-2017 budget, accepts the 2018 - 2022 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 2017-2018 budget and amends the existing Fiscal Year 2016-2017 budget.
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| | | | | | | | STAFF RECOMMENDATION
Staff
recommends the City Council adopt an Ordinance approving the
Fiscal Year 2017-2018 budget, amending the Fiscal Year 2016-2017 budget,
accepting the 2018-2022 Capital Improvement Program, and authorizing
the City Manager to make adjustments as specified. The 2018-2022 Capital
Improvement Program was previously distributed at the August 8, 2017
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 2017-2018
budget, amending the Fiscal Year 2016-2017 budget, and approving the
2018-2022 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 2017-2018 budget.
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