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Min CC 07/08/2025 Workshopr or c/o v o rex As Ylty of ChcoW CITY COUNCIL WORKSHOP Cibolo Municipal Building 200 S. Main Street July 8, 2025 5:00 PM — 6:00 PM MINUTES 1. Call to Order — The meeting was called to order at 5:05 p.m. by Mayor Pro -Tem. R. Roberts. 2. Roll call and Excused Absences — Members Present: Mayor Allen (arrived at 5:45 p.m.), Councilman R. Robert, Councilman Mahoney, Councilwoman Cunningham, Councilwoman Sanchez -Stephens., Councilwoman D. Roberts, and Councilman Hicks; Members Absent: Councilman McGlothin. Councilwoman D. Roberts made the motion to excuse the absence to Councilman McGlothin. The motion was seconded by Councilwoman Cunningham. For: All; Against: None. The motion carried 6 to 0. 3. Discussion/Direction A. Discussion/Presentation on Rethinking the City's Fund Balance Policy. This item was briefed by Mr. Reed and Ms. Miranda. It was explained that the City's fund balance policy refers to its unassigned fund balance. This is for resources that are available for any purpose and are not restricted or committed. Effective in FY23 the minimum fund balance threshold for the General Fund was set and current is 28% of recurring expenditures. In this presentation both Ms. Miranda and Mr. Reed explained what actions can take place to rethink reserves. The GFOA, which the City of Cibolo looks to guide us in setting the current fund balance. The GFOA recommends to establish a formal policy to set the level of unrestricted fund balance at a minimum of no less than two months of regular general fund operating revenues or expenditures. Ms. Miranda did show a chart of other Cities' Reserve Policy compared to Cibolo. The council had the opportunity to ask questions during the presentation. Ms. Miranda did ask the council what rate, and if any, they would consider for the City's fund balance. Most council members stated 25% and a couple councilmembers stated 25 to 28 but no lower than 25%. B. Discussion/Presentation on the Employee Market Compensation Study and Cost of Living Adjustment For FY26. (Ms. Taplin) Ms. Taplin explained that the purpose of this presentation is to provide City Council with an update on the classification and compensation for positions not moved to market in the FY25 budget. The compensation data was calculated by using the City job title and pay grade, staff measured Pay Grade Min Annual and Pay Grade Mid Annual with the Cities of Schertz, New Braunfels, Boerne, Seguin, and Live Oak. Cost of COLA chart was shown and reviewed. This chart included estimates of COLA for the employees that would get a Market Adjustment. The chart was broken down in 2%, 3% and 4%. Council had the opportunity to ask question during the briefing. C. Discussion/Presentation regarding the City's 5 -Year Fleet Replacement Capital Improvement Plan for FY26 — FY30. This item was not discussed do to the time. This will be discussed at the Council meeting at 6:30 p.m. tonight. 4. Adiournment Councilman Hicks made the motion to adjourn the meeting at 6:05 p.m. The motion was seconded by Councilman Mahoney. For: All; Against: None. The motion carried 6 to 0. PASSED AND APPROVED THIS 22ND DAY OF JULY 2025. f77���� Mark Allen Mayor ATTEST: Peggy Cimics, TRMC City Secretary