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HomeMy WebLinkAbout2017-08-03 WorksessionMINUTES OF A WORK SESSION OF THE EULESS CITY COUNCIL August 3, 2017 A work session of the Euless City Council was called to order at 5:30 p.m. on Thursday, August 3, 2017, in the precouncil meeting room of the Euless City Hall, 201 North Ector Drive, Euless, Texas, for the purpose of discussing the proposed annual budget and related items for Fiscal Year 2017-2018. Those attending included: Mayor Linda Martin Mayor Pro Tem Eddie Price, Place 3 Council Member Tim Stinneford, Place 1 Council Member Jeremy Tompkins, Place 2 Council Member Linda Eilenfeldt, Place 4 Council Member Harry Zimmer, Place 5 Council Member Perry Bynum Place 6 City Manager Loretta Getchell Deputy City Manager Bob Freeman Assistant City Manager Chris Barker City Secretary Kim Sutter Finance Director Janina Jewell Assistant Finance Director Jackie Theriot Budget/Treasury Manager Diana Ayala Accounting Manager Ross Fairclo City Manager Getchell presented a summary of the considerations in developing this year's budget, including property appraisals, staffing, the city's pay plan, increase in health insurance premiums, the equipment replacement fund, street maintenance, and water and wastewater cost. She advised that, over the course of the next two to five years, the city is expected to be built out and the additional revenue associated with new construction will level out. Finance Director Janina Jewell reviewed the organization of the budget materials and reviewed the major changes in revenue and expenditures for the upcoming fiscal year. She presented comparisons of the employee per capita, sales tax per capita, water and wastewater revenue and expenditures, the proposed rebate from the rate stabilization fund, and a comparison of the proposed tax rate to those of neighboring cities. City Manager Getchell advised that the property tax rate for the upcoming fiscal year is proposed to remain at 46.25 cents per $100 assessed valuation. There are no cuts in programs or services for citizens, and the baseline budget includes a proposed salary plan increase of 2.5 percent. Discussion ensued regarding the proposed general Operating Budget for Fiscal Year 2017-2018. No final decisions were made. Budget Worksession Minutes Page 2 of 2 August 3, 2017 Mayor Martin adjourned the meeting at 8:30 p.m. PREPARED BY: Sutter, RMC, City Secretary