Agenda No. 12.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | August 15, 2023 |
| Department: | Public Works |
| Subject: | Resolution 23-R-74 - Approving the SSLGC Fiscal Year 2023-2024 Annual Budget. (B.James/L.Busch) |
BACKGROUND
The Schertz/Seguin Local Government Corporation (SSLGC) General Manager has submitted their FY 2023-24 Annual Budget for approval by the Schertz City Council. The SSLGC Board of Directors approved the budget on July 20, 2023. The Cities of Seguin and Schertz must also approve their budget. The City of Seguin approved it on August 1, 2023.
This proposed budget shows an increase in total expenses of approximately 17%. The Budget Summary (pages 1-4) outline the areas of increase.
This proposed budget shows an increase in total expenses of approximately 17%. The Budget Summary (pages 1-4) outline the areas of increase.
GOAL
To approve the SSLGC FY2023-24 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 annual 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 FY2023-24 Annual Budget.
FISCAL IMPACT
This budget is based on SSLGC expenses and anticipated revenue based on the approved rates.
RECOMMENDATION
Approval of Resolution 23-R-74.