Budget Public Hearign NoticeSummary of FY 2016-17 Proposed Budget:
GENERAL
FUND
TAX I&S
FUND
WATER &
SEWER FUND
DRAINAGE
FUND
PROPOSED 2016 - 17
ESTIMATED REVENUES
Property Tax 11,288,881$ 6,102,433$ - -
Other Tax 46,100 - - -
Sales Tax 7,385,419 - - -
Franchises 2,306,600 - 229,096 -
Permits/License/Fees 2,316,862 - 19,219,995$ 1,144,000$
Municipal Court 1,246,380 - - -
Inter-jurisdictional 879,508 - - -
Inter-Fund & Administrative 2,566,400 40,860 981,920 -
Miscellaneous 488,700 471,288 163,047 4,200
28,524,850$ 6,614,581$ 20,594,058$ 1,148,200$
ESTIMATED EXPENDITURES
Personnel 19,427,375$ - 1,717,266$ 308,480$
Supplies 601,979 - 161,800 3,700
Professional & City Srvcs 4,554,780 - 492,604 50,900
Utility Maint & Srvcs 2,190,949 - 10,976,850 33,200
Operations Support & Srvcs 290,165 - 4,654,025 429,334
Equipment & Leasing 1,451,449 - 148,600 7,000
Debt Service - 6,614,581 1,578,511 120,150
Projects - - 845,000 170,000
28,516,699$ 6,614,581$ 20,574,656$ 1,122,764$
This proposed budget will raise more total property taxes than last year's budget by
$840,694, or 5.55% increase, and of that amount, $579,846 is tax revenue to be raised
from new property added to the tax roll this year.
A copy of the proposed budget is available for review at the City Secretary's office, Municipal Building #2, 1400 Schertz Parkway, Schertz,
Texas; at the Schertz Public Library, 798 Schertz Parkway, Schertz, Texas; and online at www.schertz.com
The Schertz City Council will hold a budget public hearing on Tuesday, August 23, 2016 and August 30, 2016 at 6:00 P.M. in the Council
CITY OF SCHERTZ
NOTICE OF PUBLIC HEARING ON PROPOSED 2016-17 BUDGET
AS REQUIRED BY H.B. 3195
Chambers of the Municipal Complex, Bldg #4, 1400 Schertz Parkway, Schertz, Texas on the proposed budget for fiscal year 2016-17.