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2006-09-05 CITY COUNCIL PUBLIC HEARING MEETING MINUTESPUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON SEPTEMBER 5, 2006, AT 6:30 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Mayor Reid called the meeting to order at 7:04 p.m. with the following present: Mayor Mayor Pro -Tem Councilmember Councilmember Councilmember Councilmember City Manager City Attorney City Secretary Tom Reid Richard Tetens Kevin Cole Helen Beckman Felicia Kyle Steve Saboe Bill Eisen Darrin Coker Young Lorfing Others in attendance: Public Works Director Danny Cameron; City Engineer Doug Kneupper; Police Chief J.C. Doyle; Project Director Trent Epperson; Assistant City Manager Nick Finan; Director of Human Resources and Safety Management Mary Hickling; Assistant City Manager Mike Hodge; Executive Director of Economic Development Corporation; Administrative Analyst Chris Kidwell; Assistant Police Chief Johnny Spires; Municipal Court Administrator Pat Riffel; Assistant Director of Finance Rick Overgaard; and Budget Analyst June Ellis. PURPOSE OF HEARING — PUBLIC COMMENT AND TESTIMONY REGARDING THE PROPOSED BUDGET FOR FISCAL YEAR 2007 (OCTOBER 1, 2006 TO SEPTEMBER 30, 2007) FOR THE CITY OF PEARLAND. Mr. Bill Eisen, City Manager. STAFF REVIEW OF PROPOSED BUDGET FOR FISCAL YEAR 2007 (OCTOBER 1, 2006 TO SEPTEMBER 30, 2007) FOR THE CITY OF PEARLAND. Mr. Bill Eisen, City Manager. City Manager Bill Eisen presented the proposed budget for the fiscal year 2006-2007. The proposed tax rate is $0.298974/$100 valuation for the General Fund and $0.353685/$100 valuation for Debt Service for a total tax rate of $0.652659/$100 valuation. This is a $0.21741/$100 valuation or 3.22% decrease from the current tax rate of $0.3455/$100 valuation for the General Fund and $.03289/$100 valuation for Debt Service for a total tax rate of $0.6744/$100 valuation. General Fund Expenditures total $39.7 million with public safety being the largest expense at 37%. General Fund Revenues total $38.9 million with property tax being the largest contributor at 28%. The General Fund provides for a population growth of 11,600 or 17% in size. The proposed budget includes 23 new personnel including 10 additional police officers. If the budget is approved, Pearland will also implement a Street Sweeping Program, an Enhanced Right -Of -Way Program, a combined volunteer and paid Fire Department and convert 16 part-time EMS staff to full-time. The General Fund Page 1 of 3 - 9/5/2006 also has funding for the Old Town Site Infrastructure and the replacement of vehicles and equipment. The proposed budget has a revised General Fund balance of $6,849,185, which is $1,198,796 over the policy total of $5,650,389. Water and Sewer expenses are projected to be approximately $20.2 million with 34% of that being debt service. The Fund is for the primary operating costs of water and sewer for the City and incorporates a 25% revenue increase due to water expansion. Proposed water and sewer funding will include growth and development of Municipal Utility District No. 1 and select supplemental request in-house, such as, operations of Municipal Utility District No. 5, Green Tee lift station rehabilitation, the replacement of Liberty Ground Storage Tank, and the replacement of vehicles and equipment. The available Water/Sewer Fund balance is $1,438,135 with a rate study/model of (50,000) and a revised balance of $1,388,135. The bond coverage ratio is 1.87 ratio and the cash reserve ratio is 12%. The Pearland Economic Development Corporation (PEDC) approved the PEDC Fund July 10, 2006. The fund will include costs for marketing and promotions. Capital projects will provide $2.2 million for infrastructure on the east side of SH 288, $1.9 million for upgrades to a 50 -meter pool, and $0.4 million for other capital projects. The fund balance as of September 2007 will be $4.3 million. CITIZEN COMMENTS Charles McMurrey, 5209 Spring Branch Dr., addressed Council and stated he is aware that when the budget reaches the point of the second Public Hearing it is already finalized. His objective is to express that the idea of a Homestead Tax Exemption for everyone is practical. Setting the tax rate is nothing more than an Algebra equation and the City should review the possibility to provide a Homestead Tax Exemption. Pearland has 25% of its residential property under $100,000 and this shows that the City doesn't have to worry about that $12 a month but some citizens cannot afford it. COUNCIL/STAFF DISCUSSION: Councilmember Beckman stated Mr. McMurrey had a valid point and the City should at least review the possibility of the Homestead Tax Exemption. City Manager Bill Eisen stated it should not be a problem to review the Homestead Tax Exemption as an option for a future budget. Mayor Pro -Tem Tetens stated asked if the 25% increase for Sewer and Water was added into statistics when Pearland was compared to other Cities in the area. Councilmember Cole asked for an explanation on why the Water/Sewer highlights show bond coverage of $1.87 million when most Municipal Utility Districts carry an amount of $1.25 million. Page 2 of 3 - 9/5/2006 City Manager Bill Eisen stated in the year of issuance of the bond it is $1.4 million; the City will be selling early and this will affect the rate. ADJOURNMENT Meeting was adjourned at 7:23 p.m. Minutes approved as submitted and/or corrected this the 25th day of September, A.D., 2006. %ii tel✓ l.��.,�� rI i -/ etary Tom Reid Mayor Page 3 of 3 - 9/5/2006 THIS PAGE LEFT BLANK INTENTIONALLY PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON SEPTEMBER 5, 2006, AT 6:30 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Mayor Reid called the meeting to order at 7:23 p.m. with the following present: Mayor Mayor Pro -Tem Councilmember Councilmember Councilmember Councilmember City Manager City Attorney City Secretary Tom Reid Richard Tetens Kevin Cole Helen Beckman Felicia Kyle Steve Saboe Bill Eisen Darrin Coker Young Lorfing Others in attendance: Public Works Director Danny Cameron; City Engineer Doug Kneupper; Police Chief J.C. Doyle; Project Director Trent Epperson; Assistant City Manager Nick Finan; Director of Human Resources and Safety Management Mary Hickling; Assistant City Manager Mike Hodge; Executive Director of Economic Development Corporation; Administrative Analyst Chris Kidwell; Assistant Police Chief Johnny Spires; Municipal Court Administrator Pat Riffel; Assistant Director of Finance Rick Overgaard; and Budget Analyst June Ellis PURPOSE OF HEARING — PUBLIC COMMENT AND TESTIMONY REGARDING THE PROPOSED 2006 TAX RATE FOR THE 2006 — 2007 BUDGET. Mr. Bill Eisen, City Manager. STAFF REVIEW OF THE PROPOSED 2006 TAX RATE FOR THE 2006 — 2007 BUDGET. Mr. Bill Eisen, City Manager. City Manager Bill Eisen stated tax values for the next year are projected to increase by approximately $830,000,000 over the current values. This has occurred due to: the annexation of Municipal Utility District No. 5, $423,000,000 is new construction, and $270,000,000 revaluation of existing property, the $71,000,000 deducted is from changes in exemption. The tax rate in the proposed budget is $0.652659/$100 valuation compared to last year's rate of $0.6744/$100 valuation. CITIZEN COMMENTS: None. COUNCIL/STAFF DISCUSSION: None. Page 1 of 2 - 9/5/2006 ADJOURNMENT Meeting was adjourned at 7:25 p.m. Minutes approved as submitted and/or corrected this the 25th day of September, A.D., 2006. Tom Reid TTEST: Mayor YW ng L g, RM y Se r tary Page 2 of 2 - 9/5/2006