Min - City Council - 1994 - 06/22 - WorkshopALLEN CITY COUNCIL
:
BUDGET WORKSHOP
JUNE 22, 1994 — 5:00 P.M.
MUNICIPAL ANNEX
ONE BUTLER CIRCLE
Present[
Joe Farmer, Mayor
Counedinembers:
Kevin Lilly, Mayor Pro Tem
David Kerr
David Bishop
Mike Nichols
Steve Terrell
Sharon Hamner
City Staff:
Jon McCarty, City Manager
Charlotte Smith, Finance Director
Call to Order and Announce a Ouorum is Present (Agenda Item 1)
With a quorum of the Councilmembers present, the Budget Workshop Session of the Allen City Council
was called to order by Mayor Fanner at 8:20 p.m. on Wednesday, June 22, 1994, in the Council Chamber of
the Allen Municipal Annex, One Butler Circle, Allen, Texas.
Budeet Workshop
(Agenda Item 11)
City Manager Jon McCarty reviewed with the Council the budget calendar for the fiscal year of 1994-95.
He also reviewed revenue and expenditures from the General Fund and a comparative analysis of revenue
categories including property taxes, sales tax, franchise taxes, permits and licenses, fines and forfeitures, other
revenues and operating transfers. Mr. McCarty provided a calculation of current tax revenues and an alternate
tax calculation. General Fund expenditures were reviewed by department and a comparison was given of the
1993-94 revised budget to the 1994-95 base budget. Council was provided an update on policies designating the
accumulation of General Fund reserves and regulating those reserves.
Mr. McCarty then reviewed the General Obligation debt service requirements and the fund balance
ALLEN CITY COUNCIL
WORKSHOP SESSION
1 JUNE 22, 1994
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The Water and Sewer Fund revenue and expense figures were reviewed including water sales, sewer
charges, connections, penalties, reconnects, interest, inspection fees, water tower rental, development fees,
miscellaneous and transfer from General and Solid Waste Funds. Mr. McCarty also reviewed the Water and
Sewer Fund comparative analysis and expenses from various departments. He reviewed the debt service
requirements for the Water and Sewer Department as well.
The Parks and Recreation Enterprise Fund was laid out for the Council to review and other funds
including Economic Development Corporation, solid waste, drainage utility, and vehicle equipment replacement
funds were also reviewed by the City Manager
Items of Interest to the Council (Agenda Item III)
There were no items of interest to the Council.
Adjourn (Agenda Item IV)
MOTION: Upon a motion made by Mayor Pro Tem Lilly and seconded by Councilmember Nichols, the
Council voted seven (7) for and none (0) opposed to adjourn the Budget Workshop Session of
the Allen City Council at 10.05 p.m., on Wednesday, June 22, 1994. The motion carried.
These minutes approved on the 7th day of July , 1994.
ATTEST:
u
dy Ma •ison, CMC, CITY SECRETARY
APPROVED:
Joe Farmer, MAYOR