Page 49 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

The Benbrook Boulevard Expansion Project impacted the 2016-17 Operating Budget. Staff estimates the loss of approximately $100,000
in sales tax revenue during the construction period in 2016-17 due to the inconvenience factor. In 2018-19, however, General Fund sales tax
revenue has increase significantly due to the near completion of the Benbrook Boulevard Expansion Project.

DEVELOPMENT OF CORE VALUE STATEMENT

To articulate these policies on a formal basis, City Staff developed a Core Value Statement. The Core Value Statement is intended to: (1)
express the over-riding priorities of the City, (2) state the character and nature of government in Benbrook, and (3) serve as a guide for future
City Councils.

The Council met in two work sessions to review and refine the Core Value Statement. The Core Value Statement establishes specific financial
goals and includes written commitments by the Council. The Core Value Statement represents the fundamental policy of Benbrook governance.
Council approved the Core Value Statement at the January 19, 2006 Council meeting. In January 2010, Council reviewed the Core Value
Statement.

CORE VALUE STATEMENT

Quality of Life

The City of Benbrook endeavors to ensure that Benbrook remains a great City by implementing legislation, policy, projects, and services
that protect and enhance quality of life now and for future generations.

Tenants of Governance

The City of Benbrook will provide governance that is effective, efficient, and equitable.

Character of Governance

The City of Benbrook will govern with attentiveness, compassion, creativity, dedication, dependability, discretion, enthusiasm, fairness,
flexibility, honesty, humility, resourcefulness, respect, thoroughness, and wisdom - without bias.

Inclusive Governance

The City of Benbrook believes that inclusive, communicative, open government is best.

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