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06.30.20 Budget Workshop
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06.30.20 Budget Workshop
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8/13/2020 9:05:16 AM
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City Clerk
City Clerk - Document
Minutes
City Clerk - Type
Budget
Date
6/30/2020
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City Council Meeting Minutes June 30, 2020 <br />• No increase to health insurance <br />Operations: <br />• Zero based budget resulted in 5% decrease <br />• Personnel Requests $2.7M (not funded) <br />• Municipal Court Judge full time from part time <br />• Contract increases amount is offset by 5% with a net decrease of $500,000 <br />Special Services: <br />• EMS contract & service expansion I $1.6M total <br />• City Utilities I $1.5M total (to increase every year by 3%) <br />• TIRZ 2: Blanco Vista refinanced I decrease of $1.2M <br />• TIRZ 5: Downtown reduced to 25% 1 decrease of $900K <br />• Social Services/Museums I $900K total <br />FY22 & FY23 Assumptions: <br />• Transfer from General Fund to Support Transit I $1.5M total <br />• Animal Services Live Outcome Initiative combination of personnel for FY22 <br />$590K, FY23 $75K additional funding <br />• Economic Incentives I decrease of $6M <br />• No increase to employee headcount <br />Ms. Neel stated that as we continue to increase in population there is an increased <br />demand for city services. The services can't grow and accommodate the greater <br />demand without employees that can carry out the services. <br />Ms. Neel outlined the General Fund Five Year Outlook (FY19-23) and different <br />scenarios on changing the property tax rate and in each scenario there is a need to <br />balance the budget and all revenue needed to be included. <br />Ms. Neel outlined the General Fund Five Year Outlook (FY19-23) and different <br />scenarios on changing the property tax rate and in each scenario there is a need to <br />balance the budget and all revenue needed to be included. <br />Scenario A: Tax Rate @ current tax rate <br />Ms. Neel stated the total revenue at the current tax rate, this year appraised value <br />for all property increased by 8%, the increased amount of revenue for property in <br />tax, compare to last year is going to increase by 8% without changing the tax rate <br />due to increase value on the appraisals. <br />FY22-FY23 no increase to appraised value <br />Ms. Neel stated it is hard to predict due to the Covid pandemic as there are no <br />historical trends to review. <br />City of San Marcos Page 3 <br />
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