Title
Consider and take action setting the date for the public hearing of the FY2022 Proposed Budget for August 24, 2021 and an additional public hearing for August 10, 2021 (Executive Director of Finance & Project Management)
Staff recommends approval.
Background:
Approval of this item will set the required public hearing on the FY2022 Proposed Budget for August 24, 2021 and an additional public hearing for August 10, 2021. The additional public hearing provides the public additional opportunity to comment on the proposed budget prior to the City Council voting but is not held to the same publication and timing requirements as the August 24th hearing outlined in the Local Government Code.
The August 24, 2021 public hearing is the required public hearing as outlined in Section 102.006 of the Local Government Code. The Code requires that the City conduct a public hearing on its proposed budget. There are also publication and timing requirements in the statute.
The public hearing cannot be held until the budget has been on file with the municipal clerk for 15 days. The budget was filed with the City Secretary on July 13. Notice of the public hearing must be advertised in the newspaper using 18-point font or larger not later than the tenth day before the hearing is held. The notice will be published in the paper on Tuesday, August 10.
As required by section 102.005, the ad must also include language that discloses the amount and origin of net additional property tax revenue in the proposed budget. This same language appears on the cover page of the proposed budget itself, also printed in 18-point font or larger. For purposes of this data sheet, the estimated property tax revenue amounts are based upon preliminary taxable values from Galveston County Appraisal District and Harris County Appraisal District. The FY2022 Proposed Budget is estimated to raise $1,100,000 more in property taxes than the FY2021 Budget. As required by state law, this same...
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