To: Mark R. Hafner, City Manager
From: Aaron Rector, Director of Finance
Subject:
Title
PUBLIC HEARING: Consider an ordinance adopting the annual budget for the City of Keller, Texas, for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018, including the 2017-18 Capital Improvements Program, adopting the 2017-18 Utility Billing Rate schedule, and adopting the Fiscal Year 2017-18 Fee Schedule for the City of Keller, Texas.
Action Requested:
Consider approval of an Ordinance to adopt the Fiscal Year (FY) 2017-18 Operating Budget, Capital Improvements Program (CIP), Utility Billing rate schedule, 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 2017-18 Proposed Operating Budget expenditures are $84,336,164, an increase of $2,734,441 or 3.4 percent from the FY 2016-17 Budget. The published Proposed Operating Budget expenditures were $84,061,525. The increase is related to the addition of a Water-Wastewater transfer of $275,000 to the Utility CIP for the US 377 Sanitary Sewer Extension project, for a sidewalk study for $30,000 in the Street and Sidewalk Improvements fund, and for Keller Pointe improvements of $7,139 originally funded in the FY 2016-17 budget but cannot be completed before September 30, 2017.
The FY 2017-18 Proposed Budget adoption ordinance provides the amount of expenditures for each individual fund, and capital projects.
Budget Impact:
The annual budget is necessary to fund the operations for the City of Keller.
Financial Considerations:
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 May 31, 2017. The City Council conducted the required public hearing for the Crime Control budget on July 18, 2017.
-The Keller Development Corporation Board reviewed and approved the Keller Development Corporation budget on June 13, 2017. The City Council conducted the required public hearing for the KDC budget on July 18, 2018.
-The City Council conducted a budget workshop on August 29, 2017. In addition, strategic budget discussions were held during the work session portion of every Council meeting between March and September for a total of 11 strategic budget discussions
Legal Review:
Not applicable.
Alternatives:
City Council has the following alternatives:
- Approve as submitted
- Approve with changes
- Denial
Council Action:
Consider approval of the proposed Ordinance as presented.