Agenda No. 14.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | August 24, 2021 |
| Department: | City Secretary |
| Subject: | Public Hearing on Proposed Budget for FY 2021-22 - Conduct a public hearing and presentation regarding the adoption of the FY 2021-22 Budget. (First required public hearing) (M. Browne/B. James/J. Walters) |
BACKGROUND
In accordance with Section 102.006 of the Texas Local Government Code the City Council must hold a public hearing on the proposed budget for FY 2021-22.The first public hearing will be at the August 24, 2021, regular session. A second public hearing will be conducted at the September 7, 2021 regular session. A copy of the proposed FY 2021-22 Budget can be found online at www.schertz.com and is attached as well.
| General Fund | $39,311,042 |
| Tax I&S Fund | 6,676,915 |
| Water & Sewer Fund | 25,140,751 |
| Capital Recovery - Water | 51,000 |
| Capital Recovery - Sewer | 55,500 |
| Drainage Fund | 1,265,831 |
| EMS Fund | 11,101,603 |
| SEDC | 4,300,707 |
| Special Events Fund | 24,000 |
| PEG Fund | 100,000 |
| Hotel Occupancy Tax Fund | 291,409 |
| Park Fund | 125,000 |
| Tree Mitigation | 70,000 |
| Roadway Impact Fee Area 1 | 5,000 |
| Roadway Impact Fee Area 2 | 29,000 |
| Roadway Impact Fee Area 3 | 5,000 |
| Roadway Impact Fee Area 4 | 5,000 |
| Library Fund | 23,400 |
| Historical Committee | 11,750 |
| Total: | $88,592,908 |