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HomeMy WebLinkAbout2007-09-11 Special Meeting AGENDA CITY OF GRAPEVINE, TEXAS SPECIAL CITY COUNCIL MEETING Vit6.10 TUESDAY, SEPTEMBER 11, 2007 AT 5:00 P.M. CITY COUNCIL CHAMBERS SECOND FLOOR 200 SOUTH MAIN STREET CALL TO ORDER INVOCATION: Council Member Darlene Freed PUBLIC HEARING 1. City Council to conduct a public hearing relative to the proposed tax rate for FY2008 budget and take any necessary action. 2. City Council to conduct a public hearing relative to the proposed budget for FY 2008 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 7th day of September, 2007 at 5:00 p.m. Lind 7rff- 6 ff IV-Vs/- City Secretary PPP*, STATE OF TEXAS COUNTY OF TARRANT CITY OF GRAPEVINE The City Council of the City of Grapevine, Texas met in Special Session on this the 11th day of September, 2007 at 5:00 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 Ted R. Ware Mayor Pro Tern Sharron Spencer Council Member C. Shane Wilbanks Council Member Roy Stewart Council Member Darlene Freed Council Member Mike Lease Council Member constituting a quorum, with the following members of the City Staff: Bruno Rumbelow City Manager Jennifer Hibbs Assistant City Manager Kathy Cunningham Assistant City Attorney Linda Huff City Secretary CALL TO ORDER Mayor Tate called the meeting to order at 5:00 p.m. INVOCATION Council Member Freed delivered the Invocation. ITEM 1. PUBLIC HEARING, PROPOSED TAX RATE FISCAL YEAR 2008 Mayor Tate declared the public hearing open. City Manager Bruno Rumbelow stated that certain steps are to be followed to approve an ad valorem tax rate that would produce more revenue than the rate of the previous year. The first step was a record vote by the Council to hold two public hearings. The second step was the first public hearing on August 28, 2007 on the proposed tax rate for public comment. The third step in the process is to hold a second public hearing on September 11, 2007 for comment on the proposed rate. City Manager Rumbelow stated that the effective rate for tax year 2007 is $0.34490 and 44..4 the proposed rate that is being considered for the FY 2008 budget (2007 tax year) is $0.3625, the same rate that has been in place for the two previous fiscal years. Following White 09/11/07 the second public hearing, the meeting for approval of the tax rate and adopting the budget woe is scheduled for September 18, 2007. Mayor Tate invited guests present to comment regarding the proposed tax rate. No one wished to speak and there was no correspondence to report. Council Member Stewart, seconded by Council Member Lease, offered a motion to close the public hearing. The motion prevailed by the following vote: Ayes: Tate, Ware, Spencer, Wilbanks, Stewart, Freed & Lease Nays: None ITEM 2. PUBLIC HEARING, FISCAL YEAR 2007-2008 BUDGET Mayor Tate declared the public hearing open. City Manager Rumbelow advised that to be in compliance with the "truth-in-taxation" laws the City of Grapevine published its "effective" and "rollback" tax rates in the Fort Worth Star-Telegram and has held public hearings on the proposed tax rate as required. City Manager Rumbelow presented the proposed budget for Fiscal Year 2007-2008 (FY2008) noting the budget proposal responds to the Council's priorities and represents a continuing commitment to prudent fiscal management while providing essential services to the community. Mr. Rumbelow stated the budget has been prepared with the goals in mind of addressing needs to place the City in a sound financial footing; addressing the pay plan with a 4% market adjustment, 3% merit and 5% step plan. He reviewed the new funds as a result of the successful election held in November, 2006: the 4B Fund, the Crime Control and Prevention District Fund and the Community Quality of Life Fund. The budget includes fund expenditures in the following amounts: General Fund $50,127,185 Utility Enterprise Fund 19,525,861 Debt Service Fund 12,687,495 Convention & Visitors Bureau Fund 15,661,264 Lake Enterprise Fund 3,170,095 Streets & Drainage Capital Projects 10,495,000 Permanent Street Maintenance Fund 1,180,000 General Permanent Capital Maintenance Fund 675,076 Utility Permanent Capital Maintenance Fund 1,000,000 Stormwater Drainage Fund 2,159,034 Lake Parks Fund 751,062 Water System Capital Projects 4,261,370 Wastewater System Capital Projects 1,147,578 4B Fund 8,362,480 Crime Control & Prevention District Fund 11,424,605 2 09/11/07 Community Quality of Life Fund 4,502,417 Buildings & Facilities Capital Projects 1,923,000 Traffic Improvements Capital Projects 542,999 Parks & Beautification Capital Projects 4,902,417 Capital Equipment Acquisitions 1,907,669 City Manager Rumbelow stated that the meeting for approval of the tax rate and adopting the budget is scheduled for September 18, 2007. Mayor Tate invited guests present to comment regarding the proposed budget. No one wished to speak and there was no correspondence to report. Council Member Freed, seconded by Council Member Wilbanks, offered a motion to close the public hearing. The motion prevailed by the following vote: Ayes: Tate, Ware, Spencer, Wilbanks, Stewart, Freed & Lease Nays: None ADJOURNMENT Council Member Wilbanks, seconded by Council Member Stewart, offered a motion to adjourn the meeting at 5:12 p.m. The motion prevailed by the following vote: Ayes: Tate, Ware, Spencer, Wilbanks, Stewart, Freed & Lease Nays: None PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 2nd day of October, 2007. APPROVED: William D. Tate Mayor ATTEST: drAk.. t■ . AVAIL-■•ir` *NI AS Lind. Huff City Secretary 0.0 3