Item Coversheet

CITY COUNCIL AGENDA COMMUNICATION
AGENDA DATE:July 24, 2018
SUBJECT:

Set August 14, 2018, as the First Public Hearing Date and August 28, 2018, as the Second Public Hearing Date Regarding the Fiscal Year 2018-2019 City Budget.

STAFF RESOURCE:

Eric Cannon, Chief Financial Officer

Chris Landrum, Budget Manager

ACTION PROPOSED:

Set August 14, 2018, as the First Public Hearing Date and August 28, 2018, as the Second Public Hearing Date Regarding the Fiscal Year 2018-2019 City Budget.




BACKGROUND

The City Charter, Article IV, Section 4.04, requires that the City Council set and conduct a Public Hearing on the Budget. As stated in the City Charter, notice of the Public Hearing on the Budget must be published 5-15 days prior to the hearing. Since the City will be holding public hearings in compliance with the Truth in Taxation Laws to set the tax rate, the public hearings for the City's proposed Fiscal Year 2019 budget could be held at the same City Council meetings.

 

It is also important to note that setting the public hearing dates for the tax rate and the fiscal year budget need to be done as separate items with the City Council taking action on each of the items separately.


STAFF RECOMMENDATION

Staff recommends that the City Council set Tuesday, August 14, 2018, at 7:00 P.M. and August 28, 2018, at 7:00 P.M. as the first and second Public Hearing dates and time on the Proposed Fiscal Year 2018-2019 Budget in accordance with Article IV, Section 4.04 of the City Charter. The Public Hearings will be held in the Council Chambers at Allen City Hall, 305 Century Parkway, Allen, Texas. The City Council will vote to approve a budget at the September 11, 2018, City Council meeting.


MOTION

I make a motion to set Tuesday, August 14, 2018, at 7:00 P.M. and Tuesday, August 28, 2018, at 7:00 P.M. at Allen City Hall, 305 Century Parkway, Allen, Texas as the dates, time, and place for the first and second Public Hearings on the City's Proposed Fiscal Year 2018-2019 Budget in accordance with Article IV, Section 4.04 of the City Charter.