Min CC 08/01/1989 - Budget Workshop MINUTES OF CIBOLO CITY COUNCIL BUDGET WORKSHOP
OF
TUESDAY, AUGUST 1., 1989 @ 8:35 P.M.
THE CIBOLO CITY COUNCIL CONVENED IN A "BUDGET WORKSHOP"
PROCEEDING THE REGULAR CITY COUNCIL MEETING ON TUESDAY, AUGUST 1,
1989 AT THE CIBOLO MUNICIPAL BUILDING, 109 SOUTH MAIN STREET,
CIBOLO, TEXAS. THE FOLLOWING AGENDA WAS THE ORDER OF BUSINESS:
1. CALL TO ORDER.
Mayor Bauder called the workshop to order at 8:35 P.M.
2. ROLL CALL.
All members were present.
3. CITIZENS TO BE HEARD.
No one ask ,to speak.
4. DISCUSSION OF THE 189-90 PROPOSED BUDGET AND TAX RATE.
Mayor Bauder presented the Council a proposed line item
budget FY 89-90 in the amount of $709,335 (balanced) . The
mayor then ask David Walker to brief the Council on each
line.
The proposed budget is based on a 7.9% M & 0 Tax Rate
Increase.
Due to 25-40% increases in insurance rates ( liability,
worker ' s comp and health) and the decline in revenues from
construction, along with some four million dollars in
property values being protested or reduced, very little
capital outlay or improvement projects were left in the
budget. The first draft, submitted by department heads,
had been trimmed some $100,000 before presentation to the
Council . Salary increases were averaged at 2.9% for
some employees with some reclassification and re'duction in
adminstrative positions.
With the Certified 1989 Tax Roll showing Market Value of
$51, 768, 850 less exemptions leaving a $44, 861, 852 taxable
value (plus supplements) a tax rate of $ .3581 will
generate $171, 187 in revenues. The breakdown in the tax
rate is $ . 144104 for Maintenance and Operation and $
.214016 for Debt Service I & S.
After careful review, the Council discussed possible dates
for public hearings .
5. ADJOURNMENT.
Tex Farnsworth ( Mark Buell seconded) motioned to adjourn.
All approved. Motion carried.
MA OR
ATTEST:
CITY SECRETARY