Title
Discuss and consider action to approve the FY25 PCDC Proposed Budget.
Summary
A preliminary budget was presented to the PCDC board on May 15, 2024. This presentation allows for updates on the proposed budget and to highlight changes. Specifically, under revenue, sales tax is proposed at 5% over the FY24 projected amount. Total revenue is increasing by 8% over the FY24 amended budget. For expenditures, the largest change in expenditures is the capital projects proposed for FY25. The total for capital projects is $6M.
Prior Board Action:
The board reviewed a preliminary budget on May 15, 2024.
Budgeted Item: N/A__X__Yes __ No__
Legal Review Required: N/A _X__Required __ Date Completed:
Supporting documents attached:
FY25 Proposed Budget
FY25 Proposed Budget Detail Comparison
Recommended Action
Staff recommends approval of the FY25 budget that will be included in the City of Pflugerville FY25 budget.
Drafter
Tracy Waldron, Finance Director