TITLE
Consider an ordinance adopting the Annual Budget for the City of Killeen for the fiscal year beginning October 1, 2021 and ending September 30, 2022.
SUMMARY
DATE: September 14, 2021
TO: Kent Cagle, City Manager
FROM: Jonathan Locke, Executive Director of Finance
SUBJECT: FY 2022 Budget Adoption
BACKGROUND AND FINDINGS:
Article V. of Killeen's City Charter requires the City Manager to submit a proposed budget to City Council that provides a complete financial plan for the upcoming fiscal year. The proposed FY 2022 Budget was submitted to City Council on July 6, 2021. A budget workshop was held on July 13, 2021 to provide City Council and citizens a thorough overview of the proposed budget. City Council has discussed the budget nearly every week since the budget was submitted by the City Manager. In addition, a special City Council workshop was held on July 17, 2021 and a budget public forum was held on July 21, 2021.
State law and the City Charter require a public hearing be held to elicit citizen comment on the proposed budget. A public hearing was held on July 27, 2021. The City Charter also states that City Council may insert additional items and make increases to the City Manager's proposed budget as long as there is a public hearing held on the changes.
Changes made to the proposed FY 2022 Budget required an additional public hearing to be held on September 7, 2021 and September 14, 2021. Below is a list of those changes:
¨ General Fund revenue and expenditure budget increased from $103,356,828 to $106,325,799. The net increase includes removing the Multi-Family Rental Inspection Program, adding a Code Enforcement Officer and an Animal Control Officer, reducing the property tax revenue, and adding the American Rescue Plan Act (ARPA) funded programs.
¨ Street Maintenance Fund revenue and expenditure budget increased from $7,332,692 to $9,63...
Click here for full text