The URL can be used to link to this page

Home My WebLink About09/11/1992 City Council 004151b MINUTES OF THE CITY COUNCIL MEETING HELD ON SEPTEMBER 11, 1992 The Special Session of the City Council of the City of The Colony, Texas was called to order at 7:00 p.m. on the 1 lth day of September, 1992 at City Hall with the following Council roll call: William W. Manning, Mayor Present Mike Lynch, Councilman Present Billy Sharp, Councilman Absent Joe Agnew, Councilman Present Tom Bogan, Councilman Present John Dillard, Councilman Present Joel Marks, Mayor Pro-tem Present and with six present, a quorum was established and the following items were addressed: 1. WORK SESSION REGARDING THE 1992-93 PROPOSED MUNICIPAL BUDGET James England gave a presentation explaining the options which the council had directed at the previous work session regarding no tax increase, one cent tax increase and a two cent tax increase. (See Attachment "A") Mr. England first covered some minor changes in the Stewart Creek Park Fund. Mr. England said by readjusting the tax revenue $150,000 could be moved from General Fund operations into Debt Service, and eliminate the need to transfer $150,000 from the land fund. Going on, Mr. England said there will be a $.10 per thousand gallon increase in the water rates due to the increase the city received from the City of Dallas on Dallas water. Mr. England said this increase will raise the projected water revenue from $2,125,000 to $2,200,000. Going on Mr. England said the transfer from the Utility Fund to the General Fund will be decreased from $600,000 to $500,000 and then another $100,000 will be put into debt service in the Utility Fund. Mr. Hall noted the pass through on the water rates was allowed by the ordinance passed by the council in 1991. The ordinance stated that the rates shall increase annually according to the increase from the City of Dallas. Going on, Mr. Hall said due to the substantial cuts in the General Fund, staff feels the $500,000 transfer will be sufficient. Mr. England said if all works as planned, there should be over 2 months operating expenses in the bank for the Utility Fund at the end 'of September 1993. Mr. England then noted that if there is a one cent tax increase, the transfer from the land fund can be lowered to $250,000 and if there is a two cent tax increase the transfer can be lowered to $200,000. It was noted that a one cent increase on a $70,000 home would cost approximately $6.00 a year. 2 Mr. Hall reminded the council that the original budget proposal projected transfers in the amount of $725,000, with no tax increase and now, with the proposed cuts, the transfers have been reduced to $475,000. Mayor Manning asked how long we have until there is no more money in the land fund if the taxes were raised by two cents this year, and a transfer of $200,000 was made from the land fund. Mr. England responded approximately 4 years. Mr. Hall handed out the revised list of capital expenditures. Councilman Bogan said he thought the school crossing cones had been agreed upon by Council. Council agreed there had been a consensus. Mr. England said it would be better to take them from the Police Department Sign supply account rather than to capitalize them. Mr. Hall said with the cuts made previously, the total of capitals is now $88,945.00 for the General and Utility Funds, and the annual impact will be approximately $33,500.00. After lengthy discussion regarding the computer requested for the Police Department, Council agreed to place $30,000 in the budget for that purpose and to appoint a council committee to oversee the project and control costs. 8:48 p.m. Recess - 8:50 p.m. Executive Session 2. EXECUTIVE SESSION AS AUTHORIZED BY ARTICLE 6252-17, V.A.C.S., SECTION 2G REGARDING PERSONNEL, TO-WIT: A. 1992-93 BUDGET PROPOSALS 10:31 p.m. Reconvene in Open Session Mayor Manning recapped the proposals, stating that after readjustments in the tax rate, the proposed cuts in capitals and personnel, and a two cent tax increase, the transfer from the land fund would be $250,000 and asked for a consensus from the council regarding those named items. Most council stated they concur with the proposed cuts, the two cent tax increase and the transfer of $250,000 from the land fund. Councilman Dillard did state that he does not think enough has been cut but that he can live with these proposals. All council agreed that the opening of Fire Station No. Two should be initiated as soon as possible, utilizing the three fire fighters who were hired two years ago. Mayor Manning asked that a "clean" revision of the budget be prepared and advised that there would be one more work session on September 16 to make a final review before approving it for this year. The Mayor went on to say that when the budget is voted on by Council that if any councilmember is dissatisfied with any part of the budget they should make it known at that time. With no further business to address Mayor Manning adjourned the meeting at 10:40 p.m. APPROVED: 3 004521 AT'FEST: Patti A. Hicks, CMC/AAE City Secretary [SE,~] ATTACHMENT "A-I" 004~ CITY OF THE COLONY CITY COUNCIL BUDGET WORK SESSION SEPTEMBER 11, 1992 ATTACHMENT "A-2" 004523 1992-93 ANNUAL STEWART CREEK PARK SUMMARY 1990-91 1991-92 1992-93 ACTUAL PROJECTED BUDGET REVENUE FEES AND PERMTTS $57,002 $68,000 $74,00C) INTEREST TN(:OME 2,805 1,700 1,500 TOTAl.. $ '" , , _-',.-~ 807 $69 700 $75 EXPENDITtIRES 96-6.ll. 0 qALARIES SC) $1,700 $1.,500 C:ONTRACTUAL S E RV.T (.':E S 96-F;21% ',':C~NTRACTt_IAI.. %ERV_'[.':FS $40,4F;9 $..,7,00C) $4(3, 6235 F'R.[NTING SFRVIC:ES 1,881 2,600 2,300 ' '; ':' ' E R T I .., I N., ~, N 0 T i C: E ::; 0 0 5 6 ~...~ P.'; .~ D V e F' ' 624t FI FCTRIC SFRvIC:E 3,4.95 4,900 5,690 6244 Ti'.--.I.EPHONE SF. RVI(:E 479 700 80C) :,IJP~-T()TAI_ $46 ':";4 $45 20C) '£49 54C '-',~ J F'P L T '- "L:. :, 96-6310 ('~FFTt.':E SUPPI..TE3 $50 $2C)0 6:?,45 C:HEI'ITf.':AI.S ! , 480 2,000 2, 6390 I',~i'S¢.':F.I. LANFOtJS ::;t.IPPI..ZES 7%6 500 600 StlB-TOTAL $2,266 $2,700 $2,900 MAINTENANCE 96-64;.?0 ':TRFET E DRAINAGE $0 $2,000 $2,000 6425 TRAFFI['. ,%, STREET STGN 417 300 300 6445 RA[)IO 250 0 6450 PARK '~ 744 8 000 9 000 SI. IB-TF~'I'A!_ $4,41 l $10,300 $11,300 F:AP'[TAL O/.JTLAY 96-6610 PARK iMPROVEMENTS $5,182 $9,000 $15,000 6690 C)THER E()UIPMENT 861 1,000 1,000 SUB-TOTAL $6,043 $10,000 $ i6,000 DEPARTMENT TOTAl.. $59,044 $69,900 FLIND BAL. ANC:F .$44,260 $44,060 $27,8,320 ATTACHMENT "A- 3" 004 24 1991-92 ANNUAL BUDGET kD VALOREM TAX ASSESSMENT SUMMARY 1990-91 1991-92 AMOUNT PERCENT AMOUNT PERCENT RESIDENTIAL $439,690,i97 68.8 $456,782,803 74.9 COMMERCIAL AND INDUSTRIAL 107,769,346 16.9 100,212,820 16.4 FARM LAND 91,353,986 14.3 52,705,054 8.7 GROSS ASSESSMENT $638,813,529 100.00 $609,700,677 100.00 EXEMPT PROPERTY $31,992,583 $32,942,355 AGRICULTURAL EXEMPTION 90,670,011 52,037,793 SENIOR CITIZEN EXEMPTION 1,694,345 1,899,380 DISABLED PERSON EXEMPTION 310,000 300,000 DISABLED VETERAN EXEMPTION 160,653 165,153 TOTAL EXEMPTIONS $124,827,592 $87,344,681 NET ASSESSMENT $513,985,937 $522,355,996 TAX RATE PER $100.00 $0.74 $0.75 GROSS TAX LEVY $3,803,497.41 * $3,917,669.97 ACTUAL TAX ROLL TOTAL --6-- ATTACHMENT "A-4" i~7~NANCE DEPARTMENT TAX REVENUE ANALYSIS 1992-93 BUDGET YEAR GENERAL FUND OPERATIONS $530,000,000. x .0045 $ 2,385,000. x .98 $ 2,337,000. GENERAL FUND DEBT SERVICE $530,000,000. x .0006 $ 318,000. x .98 $ 311,000. UTILITY FUND DEBT SERVICE $530,000,000. x .0024 $ 1,272,000. x .98 $ 1,246,000. ATTACHMENT "A- 5" 004U26 199'?-93 ~,NN!.JAL GENERAL Fi.!,",i~'~ E~EBT t:;ERVTCE MN ,~l ~ }TL.iAL PRO JE{]TEE] BIJD,~,,'"~- R E v E N~) E T~' EfiTt4 .~ 75a $4,C) 0(-1 ~I. ~i~L~ ...... .. :,,~.. iYe,~,. !'~'-' c:,,:~Tcc TAX RATF ¢0.-~-~ ":-'. ".'-'' ATTACHMENT "A-6" .,.~ o92-93., ANNUAL. B_ID(3blT. L', T i L.T. T'," FUND .1990-91 1991-92 1992 -93 ACTUAL PRO,36C:T~D REVENUE Ct..AS:-~ i F ICiATiON , $,.:', NATER ':~r:.RV.!.t~. SZ'., !C)7 4.52 '!;F'";..w,. R '-, .F. RvTC:E I ......... ..,u'4~,.,.., 1 :-z~ .OC)O..,, ., i 650 O0!2 c..O,4 .....{i:T FEFS ~0 340 .lJ,O00 pc, ,. ...... 6~ "- ,.,,IAI Ti F': ~ . 4C)$ 6 / TA 5 --,', , ( .... l',,~i',l ....... ~' ~c 7 5 0OO _i , , · .,':t_.i ±t.,!',J F ..... ¢ 7 1,-' , VF..Hi"'- ::i.F'_RViCE:~; i~.2 F',=~ .... '"'"' _ ' ..... , ..:-¢ ~ ~¢ ,..-, OOO i (-)?, {"~ C:. I N V E .3 T .'4. E N T I N C il} M ~ i ~ C), ~ 9. F;_ .,~ c~.., 0 C) 0 i 3 , :,-,..,,n",.. ..... LLA F.. ('}11c' ' :~, -,--, ~., ,-:;- ¢ , 'r'rh,O00 200" .... Rt.')','v'i LAND Fi. jr, i-' . .... ., !.., ~,,J::, i.~ ,.l..; 'i O,,.,U · ¢ '--,t , T (3 T A J.. ,,. - p, q Q .... o $ 4 '-~. .... "7 ~ A T ~ 3 $ i . 306., .:', 74 :~ ! , 2 ["; :,., 9: ~ O $ ~ , ,:: :,,,. .... '... NAiTE NAT ~ ,~. - ~'; O L-'~ 634. .... ,, ,,-.,... ,':' I. '- ' - '., 449 764 44 .1~ ~i..T~ , ADNTNi::;TRATiON -,..~,77:7' "' ;2 ,,-'1 R '"' _ NAN.. ~ '~ ~ .l ...... ~ 2 :" C ,,J ! ,_ ~. ¢. ~: . . 'VE H i .,.... F' i'4ATM ' ' "-' :' "':' , iA× OFt-iCE b/ . t'i , 61 '~-" ..... ('APTTAi ()i.)Tk ,q f 16 ') ' ':~ TRANf; F F R... TO GENERAL. Fi_ N¢.) 6C)C. CiO(]. .... 600 ,CIO0 56)0 , ,_,,.'-' q~-'. D E P R E....~. A T I O N c X P.E N 3 E ~ O () '-' l' ' O :. ,.,0(_., i~(')(.-_i . 0()0 '-"-"'-: ~i~ ~,: TRAN::;FER TO -)~ ~- ...... ~ ,-"-"- TOTAL $4,289,783 $4,04.3, B40 '.~4, ~ 54,5E ..,b:: , ~4(7) FI.IND BALANCE $'~ '"" ~ "-' *[, ", "- . ',' ~, E P F~ F (-1 ~A'r'r ON ,~.,LUL).F."-; PARTIAL ~,,INUAL ~ ..... ¢ ~ · ATTACHMENT "A-7" 1992-93 Ai'4Ni)AL Bi. Ii)GE-/ t_ITil....TTY FLIND DEP.,T :.-iERViC~ SbMM~R / ACTUAL PRC),.]ECTE0 BUDGET REYENUE .,T NV E t:i THE~ "' - , ....... ,4 ~ i N C: O t',l E $ TRANSFER FR(')M TAX FIND i .FiS;.:~,O()O ~ ~ M.:, F~ · ,-.~ L, 9 (-) F) O CD 0 ;fi 0 C) '~' '" -' · TRANfiFFR F~Olv] F & ,.] ..'--c ..... (.,_.NTEX) TRANSFER FROM METER C' '~ OC 7? - ,j ),; T r(~J',Jl, T; (') T,'.')T A L. iqR~ ~i "-- F" '" '- ............. ,.,,.~_;.LNG, ~fTT;[',~D'.!; $,:: !fi:.:'/ '~StT) $;2 6,::,l "~- '" ,:':' ....- .... ·: - , ...... o ,' (.) ¢ ~: , ,..~ ,.i ~f , ~: '-i ',.~ c ,, ,:, T V A i E C: E .3, ? ~- ,- .T C A T E S O F _ '~,., . i_[ F' ~ , ;QN Fi. ~- '~r') 6 3 , - - - .'3.,'-*. , 5C) 7 _, ,l.., ........... 6 a ~ ,~' ':, (~; ':, ,' ._~: .-, ( ) · .~ d (') ':' ~-~ " '" ' F I i'.~ D B A.L A N C E $ '5,O (']) $ '_,? C), O ('), O $ I ;:' ¢-~'-~ C, TAX RATF $(-).29 $0.25 $C).2'4 00~52~ ATTACHMENT "A-8" FINANCE DEPARTMENT TAX REVENUE ANALYSIS 1992-93 BUDGET YEAR GENERAL FUND OPERATIONS $530,000,000. x .0045 $ 2,385,000. x .98 $ 2,337,000. GENERAL FUND DEBT SERVICE $530,000,000. x .0006 $ 318,000. x .98 $ 311,000. UTILITY FUND DEBT SERVICE $530,000,000. x .0025 $ 1,325,000. x .98 $ 1,298,000. ATTACHMENT "A- 9" 00453V . ' A C:TiJA [. PR 0,-i F_ CTED ,.,I.;D(3 E i.~ - REVENUE TNVFS '-" -N NCOM~ , _ TRA,~,,I:-~FEi;,~ FROM TAX FiJNO i 6~,8,,')bb ] 3C'[.),000 1,297, ~ ~ 0 M ~" "/':i T F ?'1 b F ~ ~ ~ ~ r~ a r- :-, ........ .7 ........ ~'~.~ ....... OUt) :'~(~(i, 000 900 TRANS~-':' FRQM F ;?~ ,'~ ~ .... · ct;-, . ., A,a.'~' FROM MF.-T~R /)c~'""!:'T FIiNF) (') 0 L /n T .R.. A ,, i ,- ..... ,~.:~rER FF-,'OM LAN',_-.) FLiNh 0 ...,-.r, .-- ..... · a.~.,,,.~, t..)(..~t.; ;_: ~(.;, T O T A L $ 2 ~:i C) R, Fi'q P, '£ ? !:, q :;, 020 $ 2, e] :.:: 3,22 1''~= -F!.j fi~ ~' 150 .... : o.lt ,b d ~"- ~ ~-- ~' T F'A'~ ~- '~ .......... -~(, $ / e~ ~ R , (.)',:! U ~: .... ~ ..~ ,., , '-' .. ,.,, ,.,,_,.~ $ F)l-)O ~t · ~.5 ...... $ i., TAX FiATE ~'" ::'q SCi 25 $(-} 2 ATTACHMENT "A-10" 004531 FINANCE DEPARTMENT TAX REVENUE ANALYSIS 1992-93 BUDGET YEAR GENERAL FUND OPERATIONS $530,000,000. x .0045 $ 2,385,000. x .98 $ 2,337,000. GENERAL FUND DEBT SERVICE $530,000,000. x .0006 $ 318,000. x .98 $ 311,000. UTILITY FUND DEBT SERVICE $530,000,000. x .0026 $ 1,378,000. x .98 $ 1,350,000. ATTACHMENT "All" 004~8~ 199'~.r_-,,.~a'~ ANNI. IAL RIJI.gGET .... UTILITY FLIND /)E~,T .SERV.i'CE S U ?4 M A R '," ~ ~" 1993-91 1991 -'.,:)2 _!. - q'" ~..,.:. -93 ACTiJAL. PRO,.DE C:TED ,~u,.n. GET REVEN~.iE -r N V Eci T !',t E N T T N C (') I",I .F. · '" -" F: ,a '~ .". (7i ':~ '" _, . ..... :, .... ,.. L, $ , ,... :_ r-~ ...."FEFi cRr')M '"/::iTF"":' , _ - ,1.., FUND ....... , % ...... .,',. ~.., :~ ~.~ .~ C) (-)';') " ..... -' '" "- (;: ¢1 .',' -,- ? .- · ,'4~ .~ N(':,ENC:'/ ri.iNC) C) ?,.,..,,N:'.,~-.':_~ F~")i'.4, ,,"'IETER r~ c ,.::!-i t!; T ':- F ! i N F) i.-) C I ? 5 -'. -' i-' T F; A N S F E,.;~ , ~ ,.P O f4 L A N D F U N ~.l 0 ,.4.,~¢U ...... C) C)O 2 (-)(') :-',..,,..,,..;,-' '-. , ....... ~ ,.,=,_, ~..,:; , _, , . ~: _.