Page 15 - City of Colleyville FY22 Adopted Budget

Event Specialist could be reallocated to the CEDC Fund, as well as the remaining
40% of the Colleyville Center Manager’s salary.

This year, staff identified $260,000 in contractual costs for the mowing of parks
properties that could be reallocated from the General Fund to the CEDC Fund.
Similarly, staff also moved one additional police officer position from the General
Fund into the Crime Control and Prevention District Fund, which exists solely to
pay for police department operations.

This strategy plays an important part in keeping the City’s tax rate low, and it will
continue to be a focus in future years.

• Adjusts General Fund revenue to account for legislative changes and
transitioning to nearing residential build-out

Fiscal year 2021 was the first year S.B. 2 which was approved by the Texas
Legislature during the 84 Legislative Session came into play. The bill made
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several changes to the existing Truth-in-Taxation laws for setting property tax.
Chiefly, the effective rate is now called the no-new-revenue rate, and rollback rate
is now called the voter approval rate. Additionally, cities will be permitted to only
raise their tax revenue by 3.5% net of new development revenue before holding
a mandatory vote. As discussed earlier, Colleyville is operating with its calculated
no-new-revenue tax rate for fiscal year 2022. The adopted budget also reflects
Colleyville nearing residential build-out and transitioning to more of a
redevelopment and rehabilitation phase by reducing building permit and
associated development fee revenue.

• Demonstrates responsible fiscal management with corporate-like
efficiency

City staff has focused on efficiency and sustainability over the last three years,
saving over $1,000,000 in General Fund operating costs. This effort to reduce
expenditures was about more than just limiting labor costs and saving dollars. It
was an effort to bring corporate-like efficiency to the organization. Our strategy
is to only take in the revenue necessary to provide programs and services, rather
than accept the maximum possible revenue and then decide how to spend it. This
effort continues with the fiscal year 2022 proposed budget. This will be the second
full year with the new Enterprise Fleet Management contract to assist the City
staff with fleet purchasing and maintenance scheduling, which ultimately saves
the City money by timing the disposal of vehicles to maximize return, providing a
newer fleet, therefore reducing maintenance costs, and utilizing a fleet with better
gas mileage. The newer fleet will also provide enhanced safety features for
employees who drive the vehicles. The retirement of the fleet service manager
in the summer of 2019 provided an opportunity to evaluate how the City conducts
its fleet purchasing and maintenance operations. Rather than fill the position, the
City has shifted the management oversight to the current field operations
supervisor.

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