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HomeMy WebLinkAboutAgenda CC 08.15.2017 SpecialNotice of M eeting of the Governing B ody of the City of Georgetown, Texas August 1 5, 2 0 1 7 The Ge orgetown City Council will meet on August 1 5, 2017 at 6:00 PM at the City Council Chambers, 101 E. 7th St., Georgetown, Texas The City o f Georgetown is committed to co mpliance with the Americans with Disabilities Act (ADA). If you re quire assistance in participating at a public meeting due to a disability, as defined under the ADA, reasonable assistance, adaptations, or ac c ommo datio ns will be provided upo n request. P lease contact the City Se c retary's Office, at least three (3 ) days prio r to the scheduled meeting date, at (512) 930- 3652 o r City Hall at 113 East 8th Street fo r additional information; TTY use rs ro ute through Relay Texas at 7 11. REVISE D AGENDA Re gular Se ssion (This Regular Sessio n may, at any time, be re cessed to convene an Executive Se ssio n for any purpose authorize d by the Open Meetings Act, Texas Go vernment Code 551.) A CALL TO ORDER - A SPECIAL MEETING OF THE CITY COUNCIL Le gislative Re gular Age nda B P ubl i c Heari ng on the proposed FY20 18 Annual Budget -- Leigh Wallace, Finance Director C P ubl i c Heari ng on the P roposed 20 17 Pro perty Tax Rate used fo r the FY2 01 8 Annual Budget -- Leigh Wallace, Finance Directo r Adjournme nt Ce rtificate of Posting I, Shelley No wling, City S ecretary for the C ity of Geo rgeto wn, Texas , do hereby c ertify that this Notic e o f Meeting was posted at City Hall, 113 E. 8th Street, a p lac e read ily acc es s ib le to the general pub lic at all times , o n the _____ day of _________________, 2017, at __________, and remained so p o s ted for at leas t 72 c o ntinuo us ho urs p receding the s cheduled time of s aid meeting. __________________________________ Shelley No wling, City S ecretary Page 1 of 4 City of Georgetown, Texas City Council Spec ia l Meeting August 15, 2017 SUBJECT: CALL TO ORDER - A SPECIAL MEETING OF THE CITY COUNCIL ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: Shelley Nowling, City Secretary Page 2 of 4 City of Georgetown, Texas City Council Spec ia l Meeting August 15, 2017 SUBJECT: Publ i c Heari ng o n the proposed F Y2018 Annual B udg et -- Leigh Wallace, Finance Directo r ITEM SUMMARY: This hearing provides an o pportunity for public c omment on the FY2018 proposed budget that was presented to Counc il on July 25, 2017 . The FY2 018 Proposed Budget and overview presentations are available fo r public review at City Hall, located at 113 E. 8 th Street. The information is also available on the City's website finance.georgetown.org. Special Considerations. This public hearing fulfills the re quirements of the Texas Local Gove rnment Co de, Section 102.00 6 providing public co mment o n the proposed budget. FINANCIAL IMPACT: NA SUBMITTED BY: Shelley Nowling, City Secretary Page 3 of 4 City of Georgetown, Texas City Council Spec ia l Meeting August 15, 2017 SUBJECT: Publ i c Heari ng o n the P roposed 2017 P roperty Tax Rate used for the FY2018 Annual Budget -- Leigh Wallace, Finance Director ITEM SUMMARY: The Texas Tax Code requires the City Council to hold two public hearings on the pro posed tax rate prior to adoption if the proposed rate e xc e e ds the lo wer of the effective o r rollback tax rate. The 2017 propo sed tax rate of $0.42000 exce e ds the effective rate o f $0 .40 47 90. The rate is required to fund FY2018 City operating co sts, debt service on bonds fo r infrastructure, and various enhancements to City services to meet the demands of growth in the community. The Council is not required to ado pt this rate; however, this is the maximum rate the Council may c onsider as set by Council actio n on July 25, 2017. An o verview of the tax calculation and related General Fund revenue and expenditure information was reviewed with Council at budget workshops held o n July 11, 2 017 and July 12, 201 7 and when the City Manager prese nted the Proposed Budge t to Council on July 25, 2017. The propo sed FY2018 Annual Budget is available with the City Secretary and o n the City's website at finance.geo rge to wn.o rg. FINANCIAL IMPACT: N/A SUBMITTED BY: Shelley Nowling, City Secretary Page 4 of 4