CC MEETING: August 18, 2015
DATE: August 10, 2015
TO: Leonard Martin, City Manager
FROM: Bob Scott, Assistant City Manager
Title
Conduct A Public Hearing On The Proposed 2015 Property Tax Increase And Proposed Operating And Capital Budget For The Fiscal Year October 1, 2015 Through September 30, 2016.
Body
BACKGROUND:
The Preliminary Budget was distributed to Council on July 30, 2015 and a Council work session was held August 4, 2015 at which staff presented the Preliminary Budget. An additional Council work session is scheduled for August 18, 2015 for Council to deliberate and provide guidance to staff for the finalization of the Budget. Public Hearings on the proposed budget and proposed tax rate have been scheduled for August 18 and September 1, 2015. Required publication of the tax rates and public hearing dates were in the Carrollton Leader on August 9, 2015. The proposed budget and proposed tax rate are to be presented to Council for adoption on September 15, 2015.
STAFF RECOMMENDATION/ACTION DESIRED:
Hold a Public Hearing on August 18, 2015 on the proposed tax increase and the proposed budget for Fiscal Year 2016. Any changes resulting from citizen input could be considered and incorporated into the budget that night, at a work session on September 1, 2015, or at a work session on September 15, 2015 prior to the approval of the budget during the regular meeting.