Richardson Budget Officer Bob Clymire presented plans to the Richardson City Council during a May 1 meeting.
What they’re saying: “[It’s important to remember that] we're implementing a budget and closing one out at the same time,” Clymire said. “That allows us to start formulating our budget expectations for the upcoming year, our revenue and expenditure assumptions.”
The project: Departmental requests for the 2022-23 fiscal year are due to the city’s Budget Office by May 6, with departmental budget meetings scheduled to be held May 15-June 9, according to Clymire. Richardson City Council will hold budget workshops July 24-25. July 25 is also the day the city will receive its certified property tax rolls.
The timeline: Richardson plans to hold three more budget briefings during City Council meetings. First up is a review of the North Texas Municipal Water District annual report June 5, alongside a report on the city’s water and wastewater system and the drainage fund. City Council will receive updates on the Dallas Area Rapid Transit annual report June 19, while also listening to a briefing about the city’s Transportation and Mobility Department. On July 17, updates will be provided to the City Council on Richardson’s Information Technology Department as well as the Parks and Maintenance Department and the city facilities.
Also of note: According to city documents, Richardson City Manager Don Magner is expected to file a proposed budget in early August and present it to council during its Aug. 14 meeting. The city will then hold two public hearings where residents can provide input. One meeting on the tax rate will be held Aug. 21, and one on the proposed 2023-24 budget Aug. 28, the same day the overall budget is scheduled to be adopted.
For more information on the updated budget timeline, visit here.
