HomeMy WebLinkAbout2002-08-21 Special Meeting AGENDA
CITY OF GRAPEVINE, TEXAS
SPECIAL CITY COUNCIL MEETING WORKSHOP
WEDNESDAY, AUGUST 21, 2002 AT 6:00 P.M.
BESSIE MITCHELL HOUSE
411 BALL STREET
DINNER AT 5:45 P.M.
CALL TO ORDER
INVOCATION: Mayor Pro Tem Ted R. Ware
WORKSHOP
1. City Council to conduct a workshop relative to the 2002-2003 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 16th day of August, 2001 at 5:00 p.m.
Lind Huff 146
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 21st day of
August, 2002 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 Tem
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 Council Member Roy Stewart absent, with the following
members of the City Staff:
Roger Nelson City Manager
Gary Livingston Budget Manager
CALL TO ORDER
Mayor Tate called the meeting to order at 6:00 p.m.
ITEM 1. WORKSHOP, BUDGET FISCAL YEAR 2002-2003
City Manager Roger Nelson presented the proposed budget for Fiscal Year 2002-2003
(FY2003) 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. The proposed budget comes at a time unique in our
history, after the events of September 11, 2001. While the negative impacts on the local
and national economies have been great, this budget proposal continues our efforts to
meet operational requirements caused by growth pressures in the face of a slower
economy.
Preparation of the FY2003 Budget has been significantly affected by the condition of the
local economy. The City has seen shortfalls in several General Fund revenue sources
during 2002. Sales tax has dropped back to FY2001 levels and the Ad Valorem tax base
for 2003 had declined by $33,000,000. Both revenue declines appear to be a direct result
of impacts on the airline and travel industries and the recession. As a result of these
conditions, the FY2003 Budget follows the trend of FY2002, which supports existing
programs with no expansion of increased service levels.
08/21/02
City Manager Nelson noted that there are some highlights on the horizon with the opening _.
of a Wal-Mart Supercenter and Sam's Club in FY2003, the Opryland Hotel in FY2004 and
Terminal D at DFW in FY2005. However, City Manager Nelson also expressed concern
about the rate of recovery for both property and sales tax receipts and the future impacts
that could be felt in the City's services.
City Manager Nelson noted the operating budget does not allow for any employee raises
for FY2003 and the hiring freeze instituted during 2002 has been modified and continued.
He noted there are no significant modifications to the health care plan contemplated at this
time.
Mr. Nelson reviewed the General Fund, Utility Fund, Convention & Visitors Bureau Fund,
and the Lake Enterprise Fund noting that the proposed tax rate for FY2003 is $0.366 per
$100.00 valuation. With this rate the General Fund balance equals 63 days of operation
while continuing to maintain expenditures to the extent that base revenues match
expenditures. The Budget projected ending general fund balance of $6,637,850.00 is
three days in excess of requirements. General Fund Revenues anticipated for FY2002 is
$38,396,414.00 with expenditures projected at $38,396,414.00.
Mayor Tate and the City Council commended City Manager Nelson and Staff for the
detailed preparation and presentation of the proposed budget.
ADJOURNMENT
Council Member Stewart, seconded by Mayor Pro Tern Ware, offered a motion to adjourn
the workshop at 7:45 p.m. The motion prevailed by the following vote:
Ayes: Tate, Ware, Spencer, Wilbanks, Johnson, Stewart & Freed
Nays: None
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE,
TEXAS on this the 3rd day of September, 2002.
APPROVED:
Williarn D. ate
Mayor
ATTEST:
Lin a uff
7440
City Secretary
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