DEPARTMENT: Office of Management and Budget
DEPARTMENT HEAD: Maria Villagomez (OMB)
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
Adopting the Annual Consolidated Operating and Capital Budget for FY 2015
SUMMARY:
An Ordinance adopting the Annual Consolidated Operating and Capital budgets for the City of San Antonio Fiscal Year 2015 that begins October 1; approving projects included in the FY 2015 to FY 2019 Five Year Infrastructure Management Plan; approving the FY 2015 to FY 2020 Six Year Capital Improvements Program for the City of San Antonio; authorizing personnel complements; and appropriating funds.
Following the action taken on this item, the City Council will consider through separate ordinances 1) the ratification of the FY 2015 Budget, 2) the City's Maintenance & Operation Tax Rate for Fiscal Year 2015, 3) the City's Debt Service Tax Rate for Fiscal Year 2015, 4) the new fee and fee adjustment ordinance that address revenue adjustments included in the Fiscal Year 2015 Proposed Budget, and 5) the FY 2014 Closing Ordinance.
BACKGROUND INFORMATION:
The FY 2015 Proposed Budget was presented to the Mayor and City Council on August 7, 2014. The FY 2015 Proposed Budget is balanced and focuses on streets, drainage, parks, libraries, neighborhoods, and affordable public safety. This budget reflects the City's commitment to provide high quality services to the public while maintaining a strong financial position and with no increase to the City's property tax rate. The budget proposal does not recommend any layoffs of uniform or civilian employees.
The Proposed Consolidated Annual Budget, comprised of all funds excluding transfers, totals $2.4 billion. The General Fund budget is $1.05 billion; restricted funds, including Aviation, Development Services, and Solid Waste, total $710 million; and the FY 2015 Capital Budget is $665 million.
Following the Proposed Budget presentation, five area-wide Community Budget Hearings were held between August 11 and August 14, 2014. Approximately 275 residents attended the meetings and provided 315 comments.
Two City wide Public Hearings on the Budget and the City's Property Tax Rate were held on Wednesday, August 20, 2014 and Wednesday, September 10, 2014 and two Human & Workforce Development Delegate Agency Public Hearings were held on Tuesday, August 19 and Tuesday, August 26. All four public hearings were held in the City Council Chambers. These events allowed San Antonio residents to voice their opinions about the FY 2015 Proposed Budget.
Finally, Budget Worksessions were held with City Council between August 11 and September 17, 2014. These Worksessions presented to City Council detailed information about the proposals addressing City Council-identified service delivery priorities included within the FY 2015 Proposed Budget.
ISSUE:
On September 18, City Council will consider the adoption of the FY 2015 Proposed Operating and Capital Budget along with any amendments as approved by City Council. Additionally, City Council will consider several items related to the FY 2015 Budget adoption. The following items will be considered in the order shown below:
1. Adoption of Budget
2. Adoption of Ordinance Ratifying Adoption of Budget
3. Adoption of Ordinance Setting the Maintenance & Operation (M&O) Tax Rate
4. Adoption of Ordinance Setting the Debt Service Tax Rate
5. Adoption of Fee Adjustment Ordinance
6. Adoption of Closing Ordinance
Separate memos have been placed on the September 18 agenda that address the Ad Valorem Tax Tate, Revenue Adjustments and the Closing Ordinance.
ALTERNATIVES:
This item is required by City Charter.
FISCAL IMPACT:
City Council consideration and subsequent adoption of this item by ordinance will adopt expenditures levels for the City of San Antonio Fiscal Year 2015 Operating and Capital Budgets.
RECOMMENDATION:
City Staff recommends approval of this item.