San angelo city council 9 3-13 budget ord adoption

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  • Current Projects Budget for FY13 includes carryover of multi year projects including Martifer-Hirschfeld, Blue Cross Blue Shield, Smith Blvd, etc.

Transcript

  • 1. City Council September 3, 2013
  • 2. 2013-14 Budget
  • 3. 2013-14 Budget a) Second public hearing of a proposed property tax levy for the City of San Angelo for the 2013 tax year • On August 6, 2013 Council took a record vote to propose a property tax levy • The proposed rate is 0.776/$100 valuation • The property tax levy ordinance will be introduced later today
  • 4. 2013-14 Budget b) These items are included in the General Fund budget: • Meet & Confer contract $465,138 • Fire Training Center Debt Service $200,000 • Raises for other employees $812,953 • Contractually obligated target increase requests $2,445 (continued next slide)
  • 5. 2013-14 Budget b) These items are included in this budget: • Raises for Fire Dept pay scales $125,000 • Cemetery Improvements include in the allocation of capital project monies • Lower tax rate by ½ cent $185,341 • Total revenue over expenditures for “rainy day fund” $185,341
  • 6. 2013-14 Budget
  • 7. 2013-14 Budget Stormwater Fund FY2012-13 FY2013-14 Inc/ (Dec) Revenue Stormwater Fee 2,586,500 2,600,000 13,500 Other 95,000 98,000 3,000 Total Revenue 2,681,500 2,698,000 16,500 Expenditures Personnel 1,012,159 989,259 (22,900) Operations 645,586 646,586 1,000 Capital 1,023,755 1,062,155 38,400 Total Expenditures 2,681,500 2,698,000 16,500 Rev Over/(Under) Exp 0 0
  • 8. 2013-14 Budget Dev Corp Ballot FY2012-13 FY2013-14 Inc/ (Dec) Revenue Sales Tax 5,387,391 5,727,611 340,220 Other 0 0 0 Total Revenue 5,387,391 5,727,611 340,220 Expenditures City Services 69,629 88,863 19,234 Admin 0 0 0 Projects 5,689,517 5,638,748 (50,769) Total Expenditures 5,759,146 5,727,611 (31,535) Rev Over/(Under) Exp (371,755) 0
  • 9. 2013-14 Budget Dev Corp Eco Dev FY2012-13 FY2013-14 Inc/ (Dec) Revenue Sales Tax 2,095,097 2,227,404 132,307 Other 56,195 147,536 91,341 Total Revenue 2,151,292 2,374,940 223,648 Expenditures City Services 209,886 266,589 56,703 Admin 58,547 70,179 11,632 Projects 4,180,241 2,038,172 (2,142,069) Total Expenditures 4,448,674 2,374,940 (2,073,734) Rev Over/(Under) Exp 0 0
  • 10. 2013-14 Budget • Coming up: September 3rd • Introduce the tax levy ordinance September 17th • Adopt the tax levy ordinance