HomeMy WebLinkAboutResolution - 2011-R0200 - Approve FY 2011-12 Operating Budget And Capital Program Calendar - 04/28/2011Resolution No. 2011-RO200
April 28, 2011
Item No. 6.5
RESOLUTION
WHEREAS, the City Council of the City of Lubbock desires that the public has
an opportunity to be heard regarding the City's 2011 property tax rate and the City's FY
2011-12 Operating Budget & Capital Program; requires all notices and hearing times be
in accordance with State requirements; and, desires that an evening meeting be held on
August 29, 2011 at 6:00 p.m. for those citizens who are unable to attend City Council
meetings during the work day; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council of the City of Lubbock hereby approves the FY 2011-12
Operating Budget and Capital Program Calendar, as detailed in Exhibit A, to include an
evening meeting on August 29, 2011 at 6:00 p.m., to include a public hearing on the FY
2011-12 Operating Budget and Capital Program, a second public hearing on the property
tax rate, and a schedule and the announcement of a date at which the City Council shall
adopt a tax rate.
Passed by the City Council this April 28 , 2011.
TOM MA TIN, MAYOR
ATTEST:
Rebe a Garza, City Secretary
APPROVED AS TO
40 —e" ''Z 41- �Z
ctor Hernandez, District I itv Council
vw:ccdocs/RES.Fvening Meeting
April 21, 2011
Exhibit Resolution No. 2011-80200
City of Lubbock, TX
Finance Department
FY 2011-12 Operating Budget and Capital Program Calendar
July 14
July 14
July 15 - September 7
July 22
August 1 - August 9
August 1
Operating and CIP budget presentation to City Council
File proposed budget with City Secretary
City Council Briefings
Last day for Chief Appraiser to certify appraisal roll (statutory date is 7125)
Dates to publish notice for budget hearing
Date the City must publish effective tax/rollback rates, unencumbered fund balances,
debt obligation schedule and other applicable items (statutory date is 8/7).
August 11 Regular City Council Meeting:
Discuss tax rate (rate, effective rate and rollback rate)
Take vote on proposed tax rate
Schedule and announce dates for public hearings on tax rate
August 12-18 Dates to publish notice for tax rate hearings
August 25 Regular City Council Meeting - 7:30 a.m.:
First Tax Rate Public Hearing
Schedule and announce date for next public hearing on tax rate
Schedule and announce date for public hearing on budget
August 24 Special City Council Meeting - 6:00 p.m.:
Budget Public Hearing
Second Tax Rate Public Hearing
Schedule and announce meeting to adopt rate
First reading of Budget Ordinance/Tax Levy Ordinance.
September 1 Date to publish notice on tax rate
September 8 Regular City Council Meeting:
Second reading of Budget Ordinance / Tax Levy Ordinance
September 30 Last day to adopt 2011 tax rate, or no later than 60th day after chief appraiser
certifies appraisal roll to City
Q:1B&R\Oper2011-121Timetable 2011-12 Council