Pre-Budget prioritization process - Discussion and direction in preparation for pre-budget prioritization process and budget goal setting, including but not limited to key growth and service provision indicators such as population growth, tax base development, staffing levels and structure, and how to apply the information to assist in appropriate priority based decision-making. (M. Browne/Executive Team)
COVID-19 Update - Information regarding current and future openings was provided by Fire Chief Kade Long and staff.
Information regarding Looking Ahead – Reopening of City Facilities/Services
June 1
Open doors to customer service
Buildings 1,2,6,8,9,10,12 (Customer Counters only)
Continue On-Line Check Out at Library
Civic Center
Boards and Commissions Resume
TBD - Possibly July 1st
Library
Park Playgrounds/Restrooms/Workout Stations (may open sooner)
Pools (Lifeguards)
Senior Center
Opening date still to be determined
Senior Lunch Program - will continue M-F, 11:20-12:30
Future Events
Movies in the Park, Concerts in the Park, Nature Discovery Series - modified to provide for social distancing beginning in June
Summer FUN Guide will be coming out with the June issue of Schertz Magazine
July 4th
Multiple location Fireworks and social distance elements - take the parade to the people
No large celebration at Pickrell Park or Parade
Disaster Declaration
Governor Abbott extended for 30 days on May 12
Reimbursement
Flexibility (things may change based on CDC guidelines)
Future PPE Needs
Less Restrictive Penalty Options
Current and Anticipated Fiscal Impact
Anticipated Savings - $160,000
Travel/Training - $116,000
Fuel - $40,000
Movin on Main – $4,000
- Impact on Sales Tax – no slowdown yet and still have seen double digit growth
- Current and Anticipated Fiscal Impact
Lost Revenues ($400,000)
Civic Center Rentals ($64,000)
Park Pavilion Rentals ($5,000)
Court Fees/Fines ($66,000)
Permits ($115,000)
Magazine Advertising ($20,000)
Investment Income ($130,000)
Response Action Costs: - $50,000 (expect to be reimbursed for most of this)
- Governor's Grant - $2 Million allocated for Schertz at 100% reimbursement
- FEMA - 75% reimbursement
Budget Planning/Preparation - 2 Scenarios
Scenario 1 - Cautious but more emphasis on "business as usual" - Council chose
Scenario 1 - Cautious with more of a "wait and see" approach
Current FY 19-20 Budget Update - staff provided information regarding:
§Budget update
§Savings from Delayed positions - $238,800
§Tax update
§Sales tax over projections $540,000
§Overall COVID net - ($240,000)
§Overall/YEPs net impact
§Instead of withdrawing $896,000 for operations from reserves, the City is currently projecting to increase reserves by $260,000
§Property values
Preliminary Property Values
§Net Taxable Value grew 1.4%
§New Taxable Value grew 2.7%
§Taxable Value on existing homes and businesses decreased 1.3%
§So what does this mean?
§Actual tax rate may be lower than the effective tax rate
Effective Tax Rate
§If the effective tax rate is higher than the actual tax rate it means our revenue from existing properties would be less than the prior year
§Causes
§DVHS Exemptions
§Agriculture Exemption
Current Outlook
§COVID-19 Takeaways
§Ok for now
§Continue to monitor possible long-term effects
§Tax Rate
§Cautious approach
§Possibility of effective rate being higher than current rate
§How does that impact future projects?
Overview of CIP - Staff provided information on the following:
§Streets - What's complete, what's under construction, what's in design, what's proposed for the coming year
§Building Maintenance and Facility Operations - Facility Services restructure and workflow, Facilities O&M Program, Facilities Enhancement Program
§Water/Wastewater - Dedicated 16" Transmission Line, FY's 19-20, FY's 21-22, FY's 23-25 projects, discussion regarding water loop lines
§Planning for the Future - Policy questions: GO or CO, Maintain even tax rate, what are our priorities, debt issuance