Title
Conduct a presentation on the FY25 Proposed Budget.
Summary
Finance will present the FY25 Proposed Budget and seek any additional feedback from City Council as we progress through the budget adoption process. A public hearing on the budget will be on August 27, 2024 with final adoption of the budget and tax rate on September 24, 2024.
Total proposed expenditures by fund:
Governmental Funds
- General: $68,179,938
- Debt Service: $41,865,480
Special Revenue Funds
- Hotel Occupancy Tax: $1,038,000
- Municipal Court: $65,500
- Public Safety: $174,500
-American Rescue Plan Act: $2,911,820
-TIRZ #1: $2,358,710
-Public Improvement Districts: $50,000
-Public Educational Government: $41,953
Enterprise Funds
- Water/Wastewater Fund: $56,834,190
- Solid Waste Fund: $6,140,000
Capital Projects Funds
-Capital Fund: $342,009,304
-Utility Capital Fund: $317,582,806
Component Unit Fund
-Pflugerville Community Development Corp: $18,337,202
Prior City Council Action
N/A
Supporting documents attached:
Presentation only.
Recommended Action
Presentation only.