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Min CC 05/28/2024 Mini Budget Workshop #1CITY COUNCIL MINI BUDGET WORKSHOP #1 CIBOLO MUNICIPAL BUILDING 200 S. Main Cibolo, Texas 78108 May 28, 2024 5:00 p.m. to 6:20 p.m. MINUTES 1. Call to Order —Meeting was called to order by the Mayor Pro -Tem Hicks at 5:10 p.m. 2. Roll Call and Excused Absences — Members Present: Councilman Benson, Councilman Roberts, Councilman Mahoney, Councilwoman Sanchez -Stephens, Councilman Hetzel, and Councilman Hicks. Members Absent: Mayor Allen and Councilwoman Cunningham (arrived at 5:30 p.m.) 3. Discussion A. Discussion on FY24 end of year budget and overview of process for FY25 budget. The Council was given a brief presentation by Mr. Reed on the 2024-2025 budget process. Finance Director Ms. Miranda went over the following items with Council: Budget Cycle, Where we are in the process, Headwinds, General Fund — significant revenue sources and trends, General Fund Revenue Forecasts, Budget Balancing Measures, ARPA funds, and what are the Next Steps. The Council had the opportunity to ask questions of both Mr. Reed and Ms. Miranda. The next Mini Budget Workshop is scheduled for June 25h at 5pm. 4. Adiournment Councilman Roberts made the motion to adjourn the Workshop at 6:03 p.m. The motion was seconded by Councilwoman Cunningham. For: All; Against: None. The motion carried 7 to 0. PASSED AND APPROVED THIS 25TH DAY OF JUNE 2024. - Mark Allen Mayor ATTEST Peggy Cimics, TRMC City Secretary