08.12.21 Budget Workshop - Laserfiche WebLink

Home Browse Search

City Council Meeting Minutes August 12, 2021 Airport Taxiway funding which is moved up one year $900K due to a federal award for funding for 90 percent of the cost. Within the Water/Wastewater Fund, project #741 the ARWA Improvement Improvement at the Surface Water Treatment Plant which requires an increase of $2.76M. During storm Uri, we found that we needed some improvements. The FY22 Recommended CIP Totals were presented. General $10,065,500 Water $20,510,000 Wastewater $7,600,000 Stormwater $5,220,000 Electric $7,315,500 Total $50,711,000 Ms. Moyer provided the projects that are included related to the 2022 Strategic Initiatives of Sustainability including construction projects Castle Forest Channel, Sessom Creek Restoration Ph 2, Sunset Acres Regional Detention, Comanche Pump Station Improvements, Dunbar Utility Improvements, ARWA Improvements, Main Lift Station, CA -30 Circuit Creation, Underground Electric Conversion. Other projects are land acquisition for River Ridge Regional Detention, design for the Wallace Addition Improvements, and Weatherization projects. The Downtown Vitality project is the design work for the Downtown Alley Reconstruction project. Ms. Moyer also noted that moving forward with the Capital Improvements Plans, we will create a Long Term Debt Plan, Analyze CIP funds to reduce future debt issuance, Pursue Alternative Funding, and look at a future bond election Ms. Kalka provided a summary on tax exemption updates and the budget timeline. On September 17 we will take our record vote on the Tax Rate and set the dates for the public hearings. We are not required to have a public hearing by law, as we have in the past, however council provided direction to do so. Council Direction is requested on the following: Property Tax Rate: Below No New Revenue rate Sales tax: 2.5% over 2021 estimate excluding Best Buy Call Center and COVID impact TIRZ#2 dissolution City of San Marcos Page 6