CC MEETING: August 16, 2016
DATE: August 3, 2016
TO: Leonard Martin, City Manager
FROM: Bob Scott, Assistant City Manager
Title
Hold A Public Hearing On The Proposed 2016 Property Tax Increase And Proposed Operating And Capital Budget For The Fiscal Year October 1, 2016 Through September 30, 2017.
Body
BACKGROUND:
The Preliminary Budget was distributed to Council on July 29, 2016 and a Council work session was held August 2, 2016 at which staff presented the Preliminary Budget. An additional Council work session is scheduled for August 16, 2016 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 16 and September 6, 2016. Required publication of the tax rates and public hearing dates will be in the Carrollton Leader on August 7, 2016. The Proposed Budget and Proposed Tax Rate are to be presented to Council for adoption on September 20, 2016.
STAFF RECOMMENDATION/ACTION DESIRED:
Hold a Public Hearing on August 16, 2016 on the proposed tax increase and the proposed budget for Fiscal Year 2017. Any changes resulting from citizen input could be considered and incorporated into the budget that night, at a work session on September 6, 2016, or at a work session on September 20, 2016 prior to the approval of the budget during the regular meeting.