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<br />RAEST FOR CITY COUNCIL AGENDA .M <br /> <br />AGENDA DATE Se~tember 8. 1997 REQUESTED BY Jeff ~Chfield, Finance Director(AC~ <br />_ REPORT; _ RESOLUTION; XX ORDINANCE;- () <br /> <br />The City Council held budget workshops on August 18, 19, and 20, 1997 to discuss proposed <br />budgets for the fiscal year beginning October 1, 1997 and ending September 30, 1998. <br /> <br />The Summary of Funds, which is shown below, represents the result of the workshops held with <br />City Council. All changes made by Council were incorporated into the various budgets. <br /> <br />General Fund <br />Hotel/Motel Occupancy Tax <br />Economic Development <br />Utility <br />Sylvan Beach <br />Airport <br />La Porte Area Water Authority <br />Golf Course <br />Motor Pool <br />Computer Fund <br />Employee Health Services <br />General Capital Improvement <br />Utility Capital Improvement <br />Sewer Rehabilitation Capital Improvement <br />General Debt Service <br />Utility Debt Service <br />La Porte Area Water Authority Debt Service <br /> <br />Total of All Funds <br /> <br />20,387,074 <br />111,000 <br />100,000 <br />5,938,780 <br />149,281 <br />16,244 <br />1,565,762 <br />1,313,647 <br />1,360,677 <br />92,012 <br />1,495,000 <br />2,025,600 <br />446,500 <br />350,000 <br />2,061,422 <br />763,193 <br />824.013 <br /> <br />39,000,205 <br /> <br />Incorporated into the budget are various rate changes. In the Golf Course, a new rate category <br />will be created for a single rider cart rate for 18 holes, and the definition of Weekend Rate will <br />change to begin at 11 :00 am on Friday. In the Utility Fund; the base sewer rates will be reduced <br />approximately 20%. There is no change in the Tax Rate, which has remained constant for the <br />last eight years. <br /> <br />ACTION REQUIRED BY COUNCIL: Adopt Ordinance Approving Fiscal Year 1997-98 Budget. <br /> <br />FUND N/A <br /> <br />ACCT NUM: N/A <br /> <br />FUNDS AVAILABLE: N/A <br /> <br />APPROVED FOR CITY COUNCIL AGENDA <br />G~ T. H~ <br />ROBERT T. HERRERA, CITY MANAGER <br /> <br />~ql <br />DATE <br />