DEPARTMENT: Office of Management and Budget
DEPARTMENT HEAD: Justina Tate
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
Public Hearings for the 2019 Ad Valorem Tax Rate and FY 2020 Proposed Budget
SUMMARY:
On Wednesday, August 28, 2019, at 6:00 PM in City Council Chambers two Public Hearings are scheduled:
1) 2019 Proposed Ad Valorem Tax Rate Public Hearing for the FY 2020 Proposed Budget
2) FY 2020 Proposed Budget Public Hearing
The Public Hearings will provide an opportunity for residents to comment on the 2019 Proposed Ad Valorem Tax Rate for the FY 2020 Proposed Budget and FY 2020 Proposed Operating and Capital Budget. The Public Hearing on the 2019 Proposed Ad Valorem Tax Rate will be held at 6:00 PM immediately followed by the Public Hearing on the FY 2020 Proposed Budget.
BACKGROUND INFORMATION:
The FY 2020 Proposed Budget was presented to the Mayor and City Council on August 8, 2019. The budget is balanced as required by law and reflects the City's continued commitment to providing public services and programs that enhance the quality of life for the San Antonio residents. Guided by the City Council policy direction and community input, the proposed budget focuses on strong families and Children, Police, housing affordability, streets and sidewalks, and property tax relief with no increase to the City's property tax rate.
The Proposed FY 2020 Consolidated Annual Budget, comprised of all funds, excluding transfers, totals $2.9 billion. The General Fund budget is $1.27 billion; restricted funds such as Airport, Development Services, Solid Waste, and Hotel Occupancy Tax total $937 million; and the Capital Budget totals $715 million. Following the presentation of the proposed budget a series of city council budget worksessions are scheduled from August 13 to September 11. At these sessions, City staff will review the budget proposals with the Mayor and City Council in detail. The budget is scheduled to be adopted on September 12 for the ...
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