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HomeMy WebLinkAboutAgenda CC 07.27.2009 WorkshopNotice of Meeting of the Governing Body of the City of Georgetown, Texas JULY 27, 2009 The Georgetown City Council will meet on JULY 27, 2009 at 4:00 P.M. at the Council Chambers at 101 E. 7th Street If you need accommodations for a disability, please notify the city in advance. Policy Development/Review Workshop - A Workshop discussion and possible action on follow-up items pertaining to the 2009/10 City Manager’s Proposed Budget, including direction on finalizing the proposed tax rate and balancing the budget -- Micki Rundell, Chief Financial Officer and Paul E. Brandenburg, City Manager Executive Session In compliance with the Open Meetings Act, Chapter 551, Government Code, Vernon's Texas Codes, Annotated, the items listed below will be discussed in closed session and are subject to action in the regular session. B Sec.551.071: Consultation with Attorney 1. Advice from attorney about pending or contemplated litigation and other matters on which the attorney has a duty to advise the City Council, including this week's agenda items 2. Mark Shelton v. City of Georgetown, et al;Cause No. A07CA063; in the United States District Court for the Western District of Texas, Austin Division 3. First Citizens Bank & Trust Company v. City of Georgetown,Cause No. D-1-GN-08-02325, 53rd Judicial District, Travis County, Texas C Sec. 551.087: Deliberation Regarding Economic Development Negotiations - Discussions or deliberations regarding commercial or financial information that the governmental body has received from a business prospect that the City Council seeks to have locate, stay or expand in or near the territory of the City and with which the City Council is conducting economic development negotiations; or to deliberate the offer of a financial or other incentive to a business prospect that the City Council seeks to have locate, stay or expand in or near the territory of the City and with which the City Council is conducting economic development negotiations. - Bio3 and Trap Adjournment Certificate of Posting I, Jessica Hamilton, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general public at all times, on the _____ day of _________________, 2009, at __________, and remained so posted for at least 72 continuous hours preceding the scheduled time of said meeting. __________________________________ Sandra Lee, City Secretary City of Georgetown, Texas July 27, 2009 SUBJECT: Workshop discussion and possible action on follow-up items pertaining to the 2009/10 City Manager’s Proposed Budget, including direction on finalizing the proposed tax rate and balancing the budget -- Micki Rundell, Chief Financial Officer and Paul E. Brandenburg, City Manager ITEM SUMMARY: The 2009/10 City Manager’s Proposed Budget overview was presented to City Council on July 13, 2009. From that workshop, staff was directed to develop options for lowering the tax rate below the proposed rate of $0.37959. This workshop will present those options for discussion by the Council. The City expects to receive final certification of the 2009 assessed valuation from WCAD by Friday, July 24. This presentation will include analysis of the final valuations, effective tax rate calculation and options for lowering the proposed tax rate. Staff requests that Council determine the tax rate that will be presented for adoption on August 25, and that there is conscious regarding the overall budget planned for adoption. Therefore, staff will be available to answer any questions or address any other issues that may need further explanation as part of this process. After final review of the budget, including departmental programs and strategies for 2009/10 and the proposed tax rate is finalized, staff will move forward with preparing the Budget Summary, as well as, preparing information for the public hearing on the budget, currently scheduled for August 25. FINANCIAL IMPACT: SUBMITTED BY: Micki Rundell Cover Memo Item # A City of Georgetown, Texas July 27, 2009 SUBJECT: Sec.551.071: Consultation with Attorney 1. Advice from attorney about pending or contemplated litigation and other matters on which the attorney has a duty to advise the City Council, including this week's agenda items 2. Mark Shelton v. City of Georgetown, et al;Cause No. A07CA063; in the United States District Court for the Western District of Texas, Austin Division 3. First Citizens Bank & Trust Company v. City of Georgetown,Cause No. D-1-GN-08-02325, 53rd Judicial District, Travis County, Texas ITEM SUMMARY: FINANCIAL IMPACT: SUBMITTED BY: Jessica Hamilton, City Secretary Cover Memo Item # B City of Georgetown, Texas July 27, 2009 SUBJECT: Sec. 551.087: Deliberation Regarding Economic Development Negotiations - Discussions or deliberations regarding commercial or financial information that the governmental body has received from a business prospect that the City Council seeks to have locate, stay or expand in or near the territory of the City and with which the City Council is conducting economic development negotiations; or to deliberate the offer of a financial or other incentive to a business prospect that the City Council seeks to have locate, stay or expand in or near the territory of the City and with which the City Council is conducting economic development negotiations. - Bio3 and Trap ITEM SUMMARY: FINANCIAL IMPACT: SUBMITTED BY: Jessica Hamilton, City Secretary Cover Memo Item # C