To: Mark R. Hafner, City Manager
From: Aaron Rector, Director of Administrative Services
Subject:
Title
PUBLIC HEARING: Consider an ordinance adopting the annual budget for the City of Keller, Texas, for the Fiscal Year beginning October 1, 2022 and ending September 30, 2023, including the 2022-23 Capital Improvements Program, and adopting the Fiscal Year 2022-23 Fee Schedule for the City of Keller, Texas.
Action Requested:
Conduct a public hearing and consider approval of an Ordinance to adopt the Fiscal Year (FY) 2022-23 Operating Budget, Capital Improvements Program (CIP), and Fee Schedule.
Background:
In accordance with Section 8.04 of the Keller City Charter, the City must conduct a public hearing on the proposed annual budget prior to the vote to adopt the budget.
The total FY 2022-23 Proposed Operating Budget expenditures are $103,011,335, an increase of $1,253,357 or 1.23 percent from the FY 2021-22 Budget. Included in the Proposed Budget is one-time funding of $2,500,000 for Mt. Gilead Reconstruction and $1,500,000 for Whitley Overlay. The published Proposed Operating Budget expenditures were $100,581,500. The increase is related to re-appropriations of $2,429,835 for expenditures that cannot be completed by September 30 including $1,484,644 for a Fire Ladder truck. The Proposed Capital Budget is $30,622,750 and is a decrease of $200,000 from the published Proposed Capital Budget due to the MSC generator project being moved to the Facilities Capital Replacement Fund.
The FY 2022-23 Proposed Budget adoption ordinance provides the amount of expenditures for each individual operating and capital project fund.
Financial Impact:
The annual budget is necessary to fund the operations for the City of Keller.
Citizen Input/Board Review:
-The Keller Crime Control and Prevention Board reviewed and approved the Keller Crime Control and Prevention District budget on June 16, 2022. The City Council conducted the required public hearing for the Crime Control budget on July 5, 2022.
-The Keller Development Corporation Board reviewed and approved the Keller Development Corporation budget on July 1, 2022. The City Council conducted the required public hearing for the KDC budget on July 19, 2022.
-Strategic budget discussions were held during the work session portion of Council meetings between March and August for a total of 8 strategic budget discussions.
Legal Review:
Not applicable.
Alternatives:
City Council has the following alternatives:
- Approve as submitted
- Approve with changes
- Denial