Trophy Club town employees will get raises as the Trophy Club Town Council approved the fiscal year 2023-24 budget at its Sept. 11 meeting.
The town’s tax proposed rate of $0.415469 per $100 valuation will be considered and adopted Sept 25.
The details
Council approved an overall budget of nearly $28 million. At the meeting, Trophy Club Finance Director April Duvall went over some parts of the budget and discussed increases that were necessary in the next year, such as an increase of $150,000 in the information technology department for anticipated purchases identified by the new service provider, NetGenius.
Across all funds, the general operating fund budget is $14.3 million. Capital projects at $6.9 million and police services at $4 million comprise the two largest portions of the overall budget. Debt service is $2.7 million.
Zooming in
The budget was approved 7-0 with an amendment. In a separate motion, council approved in a 5-2 vote—with Mayor Jeannette Tiffany and Karl Monger opposed—an amendment that the capital improvement attached appendix is proposed and is not an approved budget item.
The budget includes a 4% increase in salaries for all employees, with an addition of up to 2% merit-pay adjustment for any employee who has met performance standards. Also, employee medical plans will be 100% town-funded for the employee only with an 80-20 split for the employee dependent tiers.
What they’re saying
Interim City Manager Patrick Arata said in a message on the town’s website that the town’s “collective endeavor” was to form a “balance between meeting essential service requirements and strategic investments in critical infrastructure, technology and resources.”