Min CC 06/26/2001 - Workshop CITY COUNCIL WORKSHOP
CIBOLO MUNICIPAL BUILDING
109 S MAIN
JUNE 26, 2001, 6:30 P.M.
MINTUES
1 Call to Order -Mayor Ruppert called the workshop to order at 6:30 P.M.
2. Roll Call—All members of Council were present.
3. Discussion on Budget Procedures and Process for FY2002.
Chuck Balcar briefed the Council on the steps of the budget process. Explained the different types of accounts,one being
the Enterprise and the General Fund. They briefed some of the details of the budget process including: setting Council
Priorities,Estimating Commitments for Current Year and Estimating Contribution from Fund Balance and Tax Rate. Mark
McLiney then briefed the Council on Bond Issues. He stated that there were generally two types of bonds, General
Obligation and Certificate of Obligation. He briefed that General Obligation has to go to the public for voters approval and
could take several months due to the education process. Whereas Certificates of Obligation do not require voters approval
unless 5%of the registered voter contest the bond issue then it must go for voter.
4 Adjournment—Workshop was adjourned at 7:03 P.M. Motion made by Councilman Glisar. Seconded by Councilman
Ridge. For- All,Against: None.
APPROVED THIS 10THDAY OF JULY 2001 UW
Charles Ruppert
Mayor
ATTEST:
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vonne Griffin
ity Secretary