Lakeway holds third special work session on fiscal year 2019-20 budget

Lakeway officials met at City Hall on July 15 to continue workshopping the city's annual budget.

Lakeway officials met at City Hall on July 15 to continue workshopping the city's annual budget.

Lakeway officials met at City Hall on July 15 to continue talks designed to tighten the city’s budget moving into an official adoption planned for Sept. 18.

City Manager Steve Jones presented property tax revenue figures for the city, showing a total ad valorem tax rate for 2020 to be $0.1698 per $100 of valuation for a total property value pool of about $4.99 billion. Though not yet official, the budgeted 2020 tax rate is slightly higher than 2019, which was $0.1645. Jones said the official ad valorem tax rate will be proposed Aug. 5.

Lakeway’s proposed budget revenue for 2020 sits at $15.15 million, up from $14.94 million projected for 2019. Of that $15.15 million, about $6.23 million is budgeted to come from ad valorem taxes. About $4.32 million is budgeted to come from sales tax for 2020, up from a projected $4.19 million for 2019.

Total expenditures for Lakeway for 2020 are budgeted at $15.11 million, up from $14.93 million projected for 2019, and Jones said while the budget is not yet official, he does not predict the 2020 numbers to change substantially.

As part of the July 15 workshop, Christine Hawes of Gallager Benefit Services addressed council and discussed several provider options moving into the 2019-20 fiscal year, including Humana, Scott & White; Cigna; and United Healthcare.

Council discussed health insurance costs for city employees, which currently show a cost of $829 per employee per month and total claims for 104 enrollees to be almost $950 per employee per month.

Jones said he will likely have a provider recommendation for council during the next budget workshop July 29.

Another topic of discussion during the workshop was the Lakeway Activity Center, which is projected to receive $344,550 in revenue and accrue $655,199 in expenditures for fiscal year 2019, resulting in a revenue recapture rate of about 53%. A 50% revenue recapture rate or more is a policy Lakeway City Council set for the activity and swim centers in 2018.

For 2020, the Lakeway Activity Center is budgeted to bring in $347,050 in revenue and accrue $706,393 in expenditures, which would result in a revenue recapture rate of slightly less than 50%.

"What we're trying to do now is figure out how to keep up our revenue as expenditures increase," Lakeway Parks and Recreation Director Andra Bennett said.

The roughly 90-acre Hamilton Greenbelt is another large cost looming over the 2020 Lakeway budget. Lakeway City Forester Carrie Burns told council the cleanup would help remove dead and downed trees that are creating a fire hazard throughout the greenbelt and remains an effort that has been neglected for several years.

Burns told council if Lake Travis Fire Rescue took over the job, the cost would be $1,700 per day with a crew of 8 people working for 207 days and totaling $352,682. Compared against outside contractors, that cost could be as high as about $1.15 million, or $4,065 per day for 282 days, she said. However, if the city elects to incorporate a network of volunteers into the cleanup effort working with LTFR, the price could run as low as $326,330, according to Burns.

"Hamilton Greenbelt is our No. 1 priority because of the number of homes around it," Burns said.

Mayor Sandy Cox said she would like to see a priority list from LTFR, and City Council will revisit the issue at some point during the current budget session.
SHARE THIS STORY


MOST RECENT


Developers for the project located at 8701 Bee Caves Road are Riverside Resources and Miller Global Properties. (Brian Rash/Community Impact Newspaper)
280,000-sq.-ft. Seven Oaks commercial project on Bee Caves Road to be partially complete by summer 2020

The large scale office complex called Seven Oaks, about 5 miles east of Bee Cave, is set for partial completion by summer 2020, according to a release put out by representatives of the developer.

Officials from the Texas Department of Transportation and the city of Austin break ground on the RM 620 at RM 2222 bypass project.
Iain Oldman/Community Impact Newspaper
Joint TxDOT, city of Austin RM 620 bypass project to ease traffic congestion at Four Points

A new bypass road to connect RM 620 and RM 2222 east of the Four Points intersection broke ground Dec. 11.

The Eanes ISD board of trustees voted at a Dec. 10 meeting to approve the academic calendars for 2020-21 and 2021-22.
Eanes ISD board members approve 2020-21 and 2021-22 academic calendars

The Eanes ISD board of trustees voted unanimously to approve the 2020-21 and 2021-22 academic calendars at a Dec. 10 meeting.

Due to the holidays, council will not meet again until mid-January. (Brian Rash/Community Impact Newspaper)
Pedestrian bridge for the galleria, new zoning board and further steps toward a safer low-water crossing: A breakdown of the Dec. 10 Bee Cave City Council meeting

Though the Dec. 10 Bee Cave City Council meeting finished in under an hour, officials passed several agenda items.

Eanes ISD board votes to continue Spanish immersion program after dozens of parents voice support

The Eanes ISD board of trustees voted unanimously to continue a Spanish language immersion pilot program in kindergarten through fifth grade at a Dec. 10 meeting.

Bee Cave City Council approved a bridge between two buildings in the Hill Country Galleria during its Dec. 10 meeting. (Courtesy city of Bee Cave)
Pedestrian bridge to connect American Campus Communities buildings within Bee Cave's Hill Country Galleria

The Hill Country galleria will soon have a steel pedestrian bridge connecting two of its buildings.

During the Dec. 10 Bee Cave City Council meeting, officials awarded a contract to conduct an engineering and planning study for the Great Divide Drive low-water crossing. (Courtesy James Cooke)
Bee Cave low-water crossing to undergo engineering study

After a monthslong process that began in June with an interlocal agreement between the city of Bee Cave and Travis County, the low water crossing on Great Divide Drive near the south Bee Cave neighborhood The Homestead is another step closer to becoming safer.

Bee Cave restructures makeup of its zoning board of adjustments

Bee Cave City Council members comprised the city’s Zoning Board of Adjustments until Dec. 10, when the body approved an ordinance that changes its makeup to comply with state law.

Travis County commissioners are considering a proposed RV development on Stagecoach Ranch Road in Dripping Springs, less than a half mile from the Hamilton Pool Preserve.
Travis County commissioners delay approving RV park proposal near Hamilton Pool Preserve as residents raise concern

For the second week in a row, dozens of Dripping Springs residents filled the Travis County Commissioners Court chambers, prepared to speak in opposition to a proposed RV park at 401 Stagecoach Ranch Road, less than a half mile away from the Hamilton Pool Preserve.

Lakeway City Council held a special meeting at 2 p.m. Dec. 9. (Brian Rash/Community Impact Newspaper)
Wildfire mitigation, raised medians down RM 620 and streamlined city functions: A breakdown of the Dec. 9 Lakeway special City Council meeting

Lakeway City Council held a special meeting at 2 p.m. Dec. 9, during which officials received updates on transportation and safety initiatives.

Filing for the March 2020 primaries closed Dec. 9. (Courtesy Fotolia)
Austin primary election 2020: Here are the candidates for local office on the ballot

The March 3 election includes democratic and republican candidates from U.S. President down to local county and district judges. If no candidate receives 50% of the vote in a primary race, the top two vote-getters go to a primary election on Tuesday, May 26.

Travis County commissioners voted to allow staff to begin contract negotiations for a new women's jail facility at a Dec. 10 meeting. (Courtesy Travis County Sheriff's Office)
Travis County begins contract negotiations for women’s jail facility as overall jail population continues to decline

The county has planned to build a new, separate women’s facility for years, despite some pushback from local activists.

Back to top