1998-09-14 Regular Meeting and Public Hearing of City Council

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!OUEST FOR CITY COUNCIL AGENAEM AGENDA DATE September 14. 1998 REQUESTED BY Jeff Litchfield. Finance Director/ACM _ REPORT; _ RESOLUTION; XX ORDINANCE; The City Council held budget workshops on August 17, 18, and 19, 1998 to discuss proposed budgets for the fiscal year beginning October 1, 1998 and ending September 30, 1999. The Summary of Funds, which is shown below, represents the result of the workshops held with City Council. All changes made by Council were incorporated into the various budgets. General Fund Hotel/Motel Occupancy Tax Economic Development Utility Sylvan Beach Airport La Porte Area Water Authority Golf Course Motor Pool Computer Fund Employee Health Services General Capital Improvement Utility Capital Improvement Sewer Rehabilitation Capital Improvement Infrastructure Fund General Debt Service Utility Debt Service La Porte Area Water Authority Debt Service Total of All Funds $ 21,887,740 284,500 100,000 6,020,580 147,677 16,775 1,418,126 1,474,955 1,621,394 135,371 1,375,950 3,124,000 727,000 350,000 485,000 2,069,572 798,548 824.648 42,861,836 Incorporated into the budget are various rate changes. In the Golf Course, green fees and cart rentals are being increase $1 and $2 respectively. In the Utility Fund, the base sewer rate for residential consumers will be reduced by 28.5%. The rates for the Recreation and Fitness Center will be increased by about 10%. There is no change in the Tax Rate, which has remained constant for the last nine years. ACTION REQUIRED BY COUNCIL: Adopt Ordinance Approving Fiscal Year 1998-99 Budget. FUND N/A ACCT NUM: N/A FUNDS AVAILABLE: N/A APPROVED FOR CITY COUNCIL AGENDA G~T.~ ROBERT T. HERRERA, CITY MANAGER q-~...tt~ DATE