West Lake Hills Finance Officer Vonda Ragsdale presented the second budget group, which included the police department, public works and discretionary items.
The first formal draft of the budget was presented during a June 26 regular meeting. The discussion covered the first budget group: administration, municipal court and wastewater.
The council budgeted an estimated general fund balance of approximately $2.74 million by September 2020.
Revenue for all general funds is approximately $7.72 million, with total expenditures predicted at $6.77 million.
Expenditures are not drastically changing from those of fiscal year 2018-19.
“[The budget] shows our expenses staying pretty flat,” Council Member Brian Plunkett said.
Mayor Linda Anthony suggested City Council continues a more in-depth discussion regarding general fund allocations during the next regular meeting.
City Council postpones adoption of official budget schedule, instead approves public hearing dates
City Administrator Robert Wood presented a tentative budget process and schedule for FY 2019-20 to the council during the July 10 meeting. Council decided to delay timeline approval until an undecided date.
"Once the proposed tax rate is set during the next council meeting, we can go ahead and put a notice in the paper about public hearings," Wood said.
Plunkett made a motion to approve the dates for property tax rate approval and respective public hearings. The council approved the following schedule:
July 24: set property tax rate for FY 2019-20
Aug. 14: first budget and property tax hearing
Aug. 28: second budget and property tax hearing