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HomeMy WebLinkAbout2011-07-18 Workshop AGENDA CITY OF GRAPEVINE, TEXAS SPECIAL CITY COUNCIL MEETING WORKSHOP MONDAY, JULY 18, 2011 AT 5:30 P.M. CITY COUNCIL CONFERENCE ROOM SECOND FLOOR 200 SOUTH MAIN STREET CALL TO ORDER 1. Proposed 2012 Budget major issues report. ADJOURNMENT If you plan to attend this public meeting and you have a disability that requires special arrangements at the meeting, please contact the City Secretary's Office at(817)410-3182 at least 24 hours in advance of the meeting. Reasonable accommodations will be made to assist your needs. In accordance with Texas Government Code, Chapter 551.001 et seq, Acts of the 1993 Texas Legislature, the Special City Council Meeting Workshop Agenda was prepared and posted on this the 15th day of July, 2011 at 5:00 p.m. 6 Linda Huff City Secretary STATE OF TEXAS COUNTY OF TARRANT CITY OF GRAPEVINE The City Council of the City of Grapevine, Texas met in Workshop on this the 18th day of July, 2011 at 5:30 p.m. in the City Council Conference Room, Second Floor, 200 South Main Street, with the following members present to-wit: William D. Tate Mayor C. Shane Wilbanks Mayor Pro Tem Sharron Spencer Council Member Roy Stewart Council Member Darlene Freed Council Member Mike Lease Council Member Chris Coy Council Member constituting a quorum, with the following members of the City Staff: Bruno Rumbelow City Manager Jennifer Hibbs Assistant City Manager John McGrane Administrative Services Director CALL TO ORDER Mayor Tate called the workshop to order at 5:30 p.m. ITEM 1. DISCUSS 2012 BUDGET MAJOR ISSUES REPORT City Manager Bruno Rumbelow gave an overview of the 2012 Budget Major Issues noting that Grapevine has fared better than most through the economic downturn. The City Council had exceptional foresight during these years to recognize the need to develop new attractions, as well as bring additional retail establishments to the City. The incentive programs have helped to bolster declining revenue sources with added property and sales tax revenues. Also, Council adopted conservative fiscal policies that allowed for not only sound budget management, but economic development programs for growth and expansion. Staff continually monitored both revenues and expenditures in an effort to insure these fiscal policies are met. Administrative Services Director John McGrane reported the proposed budget keeps the Ad Valorem tax rate at$.35 per$100 valuation. He noted there is a 7.7% increase in sales tax from the 2011 budget. There are no new positions budgeted for 2012 and the proposed budget includes a recommended 1% market adjustment. Mr. McGrane stated all funds will meet or exceed the recommended fund balance reserves. The proposed budget incorporates cash funding for Permanent Capital Maintenance Fund and Permanent Street Maintenance Fund equipment projects except for 07/18/11 the funding of the fire pumper, Crime Control and Prevention District capital items and Golf Course replacement equipment. Mr. McGrane led discussion of the proposals for the General Fund, Quality of Life Fund, Convention & Visitors Bureau Fund, Crime Control and Prevention District Fund, Utilities Enterprise Fund, Lake Park Special Fund, Lake Enterprise Fund, PCMF and PSMF Fund and Storm Water Drainage Utility Fund. There was no formal action taken by the City Council. ADJOURNMENT Mayor Pro Tern Wilbanks, seconded by Council Member Coy, offered a motion to adjourn the workshop at 6:30 p.m. The motion prevailed by the following vote: Ayes: Tate, Wilbanks, Spencer, Stewart, Freed, Lease & Coy Nays: None PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 2nd day of August, 2011. APPROVED: 4%/5:?.- William D. Tate Mayor ATTEST: .v Li a uff 7./tfif City Secretary 2