Title
Consideration of and action on an ordinance adopting the FY 2021-2022 Budget for the City of Deer Park.
Body
Summary: City staff began working on development of the FY 2021-2022 Budget during the early spring of 2021 when each department was asked to begin planning for the new fiscal year including consideration of cost cutting measures. A budget workshop was held on June 28, 2021 to assist in the preparation of the proposed budget. A public hearing on the proposed budget was held on August 17, 2021. It is now time for Council to consider action on the final FY 2021-2022 Budget, which includes several changes from the Proposed FY 2021-2022 Budget presented to Council on July 27, 2021. These proposed changes, representing a net reduction in expenditures of $2,778,893, are itemized on the attached Explanation of Changes and will be reviewed during the Council workshop.
With these changes, the final proposed budgeted expenditure totals by fund are as follows:
General Fund - $44,889,277
Water & Sewer Fund - $11,873,914
Debt Service Fund - $8,919,268
Special Revenue Fund - $4,286,054
Capital Improvements Fund - $5,713,974
Capital Equipment Replacement Fund - $1,397,556
Storm Water Utility Fund - $500,194
Golf Course Lease Fund - $898,439
Chapter 380 Reimbursement Fund - $102,000
TOTAL ALL FUNDS - $78,580,676
Note: The FY 2021-2022 budgets for the Crime Control and Prevention District ("CCPD"), the Fire Control, Prevention, and Emergency Medical Services District ("FCPEMSD"), and the Deer Park Community Development Corporation ("DPCDC") were adopted pursuant to applicable laws and are in addition to the amounts above. These budgets, which are included in the City's budget as "component units", reflect total expenditures as follows:
CCPD - $6,495,697
FCPEMSD - $1,817,615
DPCDC - $11,456,586
Fiscal/Budgetary Impact:
N/A.
Recommended action
Take a record vote to approve the ordinance adopting the FY 2021-2022 Budget for the City of Deer Park. (Note: t...
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