Sugar Land, TX News (June 16, 2014) - At its Monday, June 2, Regular Meeting, Missouri City Council Members heard a presentation on the proposed Fiscal Year 2015 budget and listened to a run down of the previous year’s financial standings. Council will vote to approve the new budget today, June 16, at 7 pm in Council Chambers, 1522 Texas Pkwy.
“The City’s proposed budget is the culmination of months of planning, difficult discussions, continued revisions, and challenging thinking to gauge, prioritize, strategize, and eventually put into action programs and services for the citizens of Missouri City,” City Manager Ed Broussard said. “Adoption of the annual budget is one of the most important actions of the Council each year as it provides a road map to City staff and citizens on what the City will do the next year. It is a connection between the long-range plans of the community and the annual revenues the City expects to collect.”
In the FY 2015 proposed budget, the City will maintain its current tax rate of $0.57375; have total revenue of $38,531,087; and have total expenditures of $39,386,459.
- The hiring of a City Grants Coordinator
- Additional Wi-Fi access to City facilities
- Take-home vehicles for Police Department Investigators
- A playground for the Recreation and Tennis Center
- A backflow prevention system for the Public Safety Headquarters
- A one-time, 3 percent lump-sum payment increase for full-time employees
- $28,000 in city-wide facility maintenance
“This budget will raise more revenue from property taxes than last year’s budget by $425,461, which is a 2.4 percent increase from the previous year’s budget,” said June Ellis, Missouri City’s Budget and Financial Reporting Manager.
The proposed CIP budget for Fiscal Year 2015 primarily includes projects approved by Missouri City voters in 2003 and 2014, and funded through the issuance of general obligation bonds as authorized in those elections. Some of these FY15 CIP projects are:
- Replacement of Gradall
- City Hall Roof Replacement/Repair
- Facilities Needs Assessment
- Park Improvements
- Hurricane Lane Extension
- Vicksburg Extension
- Turtle Creek/Mission Valley-Hilton Head Reconstruction
- Gregory Reconstruction
- Glenn Lakes Bridge over Oyster Creek
A complete version of the City’s proposed FY15 budget can be found on the City’s website at www.missouricitytx.gov.