Agenda No. 8.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | June 25, 2019 |
| Department: | City Secretary |
| Subject: | Resolution No. 19-R-77 - Consideration and/or action approving a resolution by the City Council of the City of Schertz, Texas approving the Schertz/Seguin Local Government Corporation Fiscal Year 2019-2020 Annual Budget and other matters in connection therewith. (SSLGC Resolution #SSLGC R19-04) (C. Kelm/A. Beard) |
BACKGROUND
A proposed annual budget for the period commencing October 1, 2019, and ending September 30, 2020, has been prepared by the Schertz/Seguin Local Government Corporation (SSLGC) General Manager and Staff. This proposed budget shows a minimal increase in total expenses of approximately .06%.
It is the desire of SSLGC to have the FY2019-20 SSLGC Budget approved by the City of Schertz City Council. The SSLGC Board of Directors approved the FY 2019-20 Budget on May 16, 2019.
It is the desire of SSLGC to have the FY2019-20 SSLGC Budget approved by the City of Schertz City Council. The SSLGC Board of Directors approved the FY 2019-20 Budget on May 16, 2019.
GOAL
To approve the SSLGC FY2019-20 Annual Budget.
COMMUNITY BENEFIT
The City of Schertz is a member of the Schertz/Seguin Local Government Corporation. It is through SSLGC that the City provides water to it citizens and businesses. Approval of the budget will ensure that the citizens and businesses of Schertz will continue to receive this vital resource and service.
SUMMARY OF RECOMMENDED ACTION
Staff recommends approval of the Resolution approving the proposed SSLGC FY2019-20 Annual Budget.
FISCAL IMPACT
This budget is based on SSLGC revenue.
RECOMMENDATION
Staff recommends approval.