09-12-11 Regular Meeting of La Porte City Council

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REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: September 12, 2011 Requested By: Michael G. Dolby, CPA Department: Finance Report: Resolution: Ordinance Exhibits: Notice of Public Hearing Exhibits: Presentation for Public Exhibits: Appropriation Source of Funds: N/A Account Number: N/A Amount Budgeted: N/A Amount Requested: Budgeted Item: YES NO SUMMARY & RECOMMENDATION On July 25 Council approved that a Public Hearing for the Fiscal Year 2011 -2012 Proposed Budget be held on Monday, September 12, 2011, at the regularly scheduled Council meeting, which begins at 6:00 p.m. The City Council held budget workshops on August 8 through August 10, 2011 to discuss proposed budgets for the fiscal year beginning October 1, 2011 and ending September 30, 2012. The following presentation summarizes the result of the workshops held with City Council. All changes made by Council were incorporated into the various budgets. These changes include: ➢ One -time salary enhancement of $1,000 per full time employee ➢ City will self -fund the STEP Program ➢ Funding added for Main Street Waterline Replacement ➢ Community Investment Fund - Cut Video Streaming and Channel 16 Improvements (Savings to fund STEP program) ➢ Economic Development Fund — added funding for the following projects: Dog Park, Playground Renovations, Golf Course Bathroom, and the remaining funding for the bulkheads. ➢ Trail projects were cut from the CIP Plan House Bill 3195, passed by the Texas Legislature in 2007, amends Section 102.007 of the Texas Local Government Code to require that the Council must take a separate vote to ratifi- increased property tax revenues that are reflected in the budget. The FY 2011 -12 budget includes fewer property tax revenues than in FY 2010 -11. The projected decrease in revenues from property taxes is reflected in the budget as presented; therefore, a separate vote to ratifi- the property tax revenue increase is not required. Action Required by Council: Conduct the Public Hearing on the City's FY 2011 -2012 Proposed Budget.