HomeMy WebLinkAbout1992-08-11 Workshop AGENDA
CITY OF GRAPEVINE, TEXAS
SPECIAL CITY COUNCIL MEETING
TUESDAY, AUGUST 11, 1992 AT 6: 00 P.M.
CENTRAL FIRE STATION
CONFERENCE ROOM
601 BOYD DRIVE
DINNER SERVED AT 5:30 P.M.
CALL TO ORDER
INVOCATION: Council Member Gil Traverse
WORKSHOP
1. City Council to conduct a workshop session relative to the
1992-93 proposed budget and take any necessary action.
MISCELLANEOUS REPORTS AND/OR DISCUSSION
ADJOURNMENT
IN ACCORDANCE WITH ARTICLE 6252-17, V.A.T.C. S. , AS AMENDED BY
CHAPTER 227, ACTS OF THE 61ST LEGISLATURE, REGULAR SESSION, THE
SPECIAL CITY COUNCIL MEETING AGENDA WAS PREPARED AND POSTED ON THIS
THE 7TH DAY OF AUGUST, 1992 AT 5: 00 P.M.
Li da Huff
City Secretary
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 iith day of August, 1992 at 6: 00 p.m. in the
Central Fire Station Training Room, 601 Boyd Drive, 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
Gil Traverse Council Member
Will Wickman Council Member
constituting a quorum, with Council Member Jerry L. Pittman absent,
with the following members of the City Staff:
Trent Petty Interim City Manager
Larry Koonce Finance Director
Linda Huff City Secretary
CALL TO ORDER
Mayor Tate called the special meeting to order at 6: 10 p.m.
INVOCATION
Council Member Traverse delivered the Invocation.
ITEM 1 WORKSHOP, PROPOSED 1992-1993 BUDGET
Interim City Manager Trent Petty presented a brief overview of
Fiscal Year 1991-92 .
The proposed budget for Fiscal Year 1992-93 (FY93) reflects the
City's continued growth which has allowed Staff to meet new and
growing service demands without raising taxes. The City's current
tax rate is .4250 per $100 valuation, which marks the seventh
consecutive year without an ad valorem tax increase. Property tax
revenues are budgeted to increase 5% in FY93 due to increased
growth and appraisal values. Sales taxes are expected to rise 10%
over anticipated collection in FY92 resulting from increased
development. Other significant revenue increases are expected from
increased franchise fees and anticipated collections from the
Municipal Court of Record. Total budgeted revenues in the General
Fund are $16. 3 million, a 10% increase over FY92 .
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Mr. Petty reported a major goal in the budget process was to
increase the City�s Fund Balance. Expenditures in the General Fund
are 1. 84� above last year, while discretionary costs were reduced
by approximately $336, 000. 00 without reducing service levels.
Total budgeted expenditures in the General Fund are $15, 008,566. 00.
Mr. Petty introduced Mr. Chip Collins, of the Accord Group, to
report on the proposed Management Information System (MIS) , which
identified the overall computer needs of the City. Mr. Petty
stated Phase I implementation of the Management Information System
in the amount of $125, 000. 00 has been included in the proposed
budget.
The workshop continued with discussion of each department within
the General Fund.
NOTE: Council Member Wilbanks left the meeting during the
discussion.
Finance Director Larry Koonce reported Total Fund Revenues are
$16, 300, 999. 00 with Total Expenditures projected at $15, 008, 566. 00
resultinq in $1, 292 , 433 . 00 revenues over expenditures. The Ending
Fund Balance for FY93 is $5, 042,433 . 00.
Interim City Manager Petty announced the budget workshop would
continue on Thursday, August 13 , 1992 , with discussion of the
enterprise funds and capital projects.
ADJOURNMENT
Council Member Traverse, seconded by Mayor Pro Tem Ware, made a
motion to adjourn at 8 : 30 p.m. The motion prevailed by the
following vote:
Ayes . Tate, Ware, Spencer, Traverse & Wickman
Nays . None
Absent: Wilbanks & Pittman
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE,
TEXAS on this the lst day of September , 1992 .
APPROVED:
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William D. Tate
Mayor
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ATTEST:
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Lin Huff
City Secretary
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