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HomeMy WebLinkAboutPACKET AUG 13 2009 - SPECIAL MEETING RICH WITH OPPORTUNITY r T • E • X • A • S SPECIAL MEETING OF THE CITY COUNCIL BEAUMONT CIVIC CENTER AUGUST 13, 2009 5:30 P.M. AGENDA CALL TO ORDER * Invocation Pledge Roll Call GENERAL BUSINESS 1. Receive the proposed FY 2010 Budget and schedule a public hearing 2. Receive the proposed 2010 Capital Program and schedule a public hearing 3. Consider establishing and taking a record vote on the proposed 2009 tax rate and schedule public hearings COMMENTS * Councilmembers/City Manager comment on various matters * Public Comment (Persons are limited to 3 minutes) Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact Lenny Caballero at SW3716 three days prior to the meeting. 11E T • E • x • A • s City Council Agenda Item TO: City Council FROM: Kyle Hayes, City Manager PREPARED BY: Laura Clark, Chief Finance Officer MEETING DATE: August 13, 2009 REQUESTED ACTION: Council to receive the proposed FY 2010 Budget and schedule a public hearing. RECOMMENDATION Administration recommends Council schedule a public hearing on August 25, 2009 at 1:30 p.m. in the Beaumont Civic Center related to the proposed FY 2010 Budget. BACKGROUND Article VI, Section 2 of the City Charter requires that the proposed budget be submitted to the Council at least 45 days prior to the beginning of the new fiscal year. In addition, Section 4 requires Council to schedule a public hearing on the proposed budget and authorize the City Clerk to publish the notice of the public hearing. BUDGETARYIMPACT A work session on the proposed FY 2010 Budget will be held on August 25, 2009. i i 1111EA,[11�lcl T • E • x • A • s City Council Agenda Item TO: City Council FROM: Kyle Hayes, City Manager PREPARED BY: Laura Clark, Chief Financial Officer MEETING DATE: August 13, 2009 REQUESTED ACTION: Council to receive the proposed 2010 Capital Program and schedule a public hearing. RECOMMENDATION Administration recommends Council schedule a public hearing on August 25, 2009 at 1:30 p.m. in the Beaumont Civic Center related to the proposed 2010 Capital Program. BACKGROUND The proposed 2010 Capital Program was originally submitted to Council on May 15, 2009. Revisions have been made to the original proposed document and are attached for your review. Article VI, Section 20 of the City Charter requires Council to schedule a public hearing on the proposed Capital Program and authorize the City Clerk to publish the notice of the public hearing. BUDGETARY IMPACT The Capital Program will be reviewed with Council at a work session on August 25, 2009. i;. C 1 A,I T H li L'P HC 4; r T , E , x , a , s City Council Agenda Item TO: City Council FROM: Kyle Hayes, City Manager PREPARED BY: Laura Clark, Chief Financial Officer MEETING DATE: August 13, 2009 REQUESTED ACTION: Council consider establishing and taking a record vote on the proposed 2009 tax rate and schedule public hearings. RECOMMENDATION Administration recommends Council establish a tax rate required to support the City Manager's proposed budget. In accordance with Chapter 26 of the Property Tax Code, if the proposed rate exceeds the lower of the rollback rate of$0.690903 or the effective tax rate of$0.637734, the City Council must take a record vote to place the proposal to adopt the rate on the agenda of a future meeting. The effective tax rate is the rate that would produce the same amount of taxes in FY 2010 as was produced in FY 2009 if it was applied to the same properties taxed in both years. The proposed tax rate of $0.640000, which is the current tax rate, is less than the roll back rate of $0.690903 by $0.050900 and exceeds the effective tax rate of $0.637734 by $0.002266. If the motion passes,two public hearings must be scheduled. It is recommended that the public hearings be held on August 25, 2009 and September 1, 2009 at 1:30 p.m. in the Beaumont Civic Center. BACKGROUND Chapter 26 of the Property Tax Code requires taxing units to comply with truth-in-taxation laws in adopting their tax rate. According to Senate Bill IS, governing bodies are required to hold two public hearings when the proposed tax rate exceeds the lower of the rollback rate or the effective rate. BUDGETARY IMPACT The detail budget information for all funds, including proposed property tax revenues, will be submitted to Council on August 13, 2009.