TITLE
HOLD a public hearing on the FY 2017 Proposed Annual Budget and Plan of Municipal Services for the fiscal year October 1, 2016, through September 30, 2017, and proposed changes to such budget. (2nd of 2 Public Hearings)
SUMMARY
AGENDA ITEM
Public Hearing on Budget Changes
ORIGINATING DEPARTMENT
City Manager/Finance
BACKGROUND INFORMATION
The City of Killeen holds several public hearings throughout the budget process. The public is encouraged to be present and participate in the public hearings. Local Government Code requires one public hearing be held prior to the adoption of the final budget. September 13, 2016 is the second of two public hearings on the budget. Public hearings were conducted on September 6, 2016 and September 13, 2016.
DISCUSSION/CONCLUSION
During the September 6, 2016 workshop, City Council gave consensus to move forward with the recommended changes to the proposed budget. The public has been notified of the changes.
FISCAL IMPACT
Proposed changes to the City Manager’s proposed budget fiscal year 2017:
Fund Revenues Appropriations
Aviation PFC
Projects (672,000)
Certificate of Obligation 2014
Projects (990,000)
Debt Services
Property Taxes 394,717
Drainage
Non-Operating Expenses (418)
Operating Expenses (77,368)
Salaries & Benefits (14,699)
Projects 300,000
General Fund
Closure of 1 Library (481,007)
Economic Development (362,527)
Fleet Replacement Program (1,236,100)
Intergovernmental Revenue 673,179
Non-Operating Expenses (35,439)
Operating Expenses (915,702)
Property Taxes 392,454
Public Services (60,000)
Salaries & Benefits (1,874,702)
Sales & Occupancy Tax 161,739
Hotel Occupancy Tax
Operating Expenses (34,461)
Salaries & Benefits (57,170)
Internal Service Fund (FRP)
Fleet Replacement Program (1,236,100)
Operating Expenses (56,370)
Salaries & Benefits (60,052)
KFHRA
No...
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