2.
PUBLIC COMMENTS
NAME
Amylin Hicks
Peggy Zahler
3.
DISCUSSION REGARDING THE CITY OF LEAGUE CITY PROPOSED FY2026
BUDGET AND FY2026 2030 CAPITAL IMPROVEMENT PROGRAM
FY2026-2030 CAPITAL IMPROVEMENT PROGRAM
FY 2026 Proposed Property Tax Rate - $0.36355/$100 valuation
Angie Steelman, Assistant City Manger and CFO - So as we come to the end of the budget
process for FY2026, tonight is our last scheduled workshop. During our council meeting
tonight we will have two items, one is the public hearing on the budget, and the first reading
of the budget ordinance. There have only been two small changes that have occurred since
we met last time.
Changes to the General Fund - Other Adjustments - $55,485
Adopted change to the Volunteer Fire Department Donation Fund $78,908. This will
increase the expenditures by $78,908 for the purchase of a grant funded rapid response
medical UTV previously budgeted in the donation fund.
There is also a change to the revenue by $23,423 representative of the City’s match and
we anticipate that it will be reimbursed by the school district. There is also a change to the
Volunteer Fire Department Donation Fund, decrease of $23,423 where the City’s match
was budgeted to come from.
Changes to the Utility Fund – Other Adjustments - $816,373
A change recommended by the City’s external auditors. We have a debt service payment,
principal and interest on debt that was issued as part of a cash call for the City of Houston
waterline along State Highway 3. It doesn’t change the expenses and it doesn’t change
how it is being paid for, it is covered by water CRF’s, but what has changed is the external
auditors did not want to see it in our debt service fund for utilities. They wanted to see it
as an operation’s cost to the utilities as water contract purchases. The revenue and
expense are being moved to the Utility Fund to implement the change they recommended.
This is an increase into the operations because the debt service is not part of our
operational budget, it is actually segmented and separate.
Finally, how it all rolls up to the Citywide - $871,858, just the expense side.
ADJOURNMENT
4.