HomeMy WebLinkAbout2003-08-18 Special Meeting w
AGENDA
CITY OF GRAPEVINE, TEXAS
SPECIAL CITY COUNCIL MEETING WORKSHOP
MONDAY, AUGUST 18, 2003 AT 6:00 P.M.
BESSIE MITCHELL HOUSE
411 BALL STREET
DINNER AT 5:45 P.M.
CALL TO ORDER
INVOCATION: Mayor Pro Tern Ted R. Ware
WORKSHOP
1. City Council to conduct a workshop relative to the 2003-2004 budget and take any
necessary action.
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 agenda was prepared and posted on
this the 15th day of August, 2003 at 5:00 p.m.
W/, v\,,
J. . Brown
As istant 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
August, 2003 at 6:00 p.m. at the Bessie Mitchell House, 411 Ball Street, with the following
members present to-wit:
William D. Tate Mayor
Ted R. Ware Mayor Pro Tern
Sharron Spencer Council Member
C. Shane Wilbanks Council Member
Clydene Johnson Council Member
Roy Stewart Council Member
Darlene Freed Council Member
constituting a quorum, with the following members of the City Staff:
Roger Nelson City Manager
Gary Livingston Budget Manager
CALL TO ORDER
Mayor Pro Tem Ware called the meeting to order at 6:15 p.m.
ITEM 1. WORKSHOP, BUDGET FISCAL YEAR 2003-2004
City Manager Roger Nelson presented the proposed budget for Fiscal Year 2003-2004
(FY2004) noting the budget represents our continuing commitment to prudent fiscal
management while further enhancing City services to improve the quality of life and meet
expressed needs in our community.
Mr. Nelson reviewed the General Fund, Storm Drainage Utility Fund, Debt Fund, Utility
Fund, Convention & Visitors Bureau Fund, and the Lake Enterprise Fund noting that the
proposed tax rate for FY2004 is $0.366 per $100.00 valuation. With this rate the General
Fund balance equals 60 days of operation while continuing to maintain expenditures to the
extent that base revenues exceed expenditures by $392,354. The Budget projected
ending general fund balance of$6,542,229.00 meets fund balance requirements. General
Fund Revenues anticipated for FY2004 is $40,092,817 with expenditures projected at
$39,700,463.
ADJOURNMENT
Mayor Pro Tem Ware, seconded by Council Member Stewart, offered a motion to adjourn
the workshop at 7:21 p.m. The motion prevailed by the following vote:
Ayes: Tate, Ware, Spencer, Wilbanks, Johnson, Stewart & Freed
Nays: None
08/18/03
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE,
TEXAS on this the 16th day of September, 2003.
APPROVED:
4Clit""'
William D. Tate
Mayor
ATTEST: 1.t40
C7Lta
Linda Huff
City Secretary
2