Page 25 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Introduction

DATE DONE BY TYPE TASK/ACTION
Continue: CITY COUNCIL’S BUDGET (July to September)

August 09 Council Meeting At Regular Council Meeting, the City Council will discuss the tax rate
needed to support the Proposed Budget. If the Proposed tax rate
will raise more revenue than the preceding year, the Council must vote
on the proposed tax rate and schedule a Public Hearing. Council
must also schedule the public hearings for the Proposed Budget

CCPD Public Hearing - City Council conducts a public hearing to
approve or reject the CCPD Proposed Budget. If rejected, the Council
and CCPD Board must meet together to amend and approve the
budget before the beginning of the fiscal year.

August 23 Council Meeting A Public Hearing will be held on the Proposed Budget and a Public
Hearing on the proposed Property Tax Rate. First reading of the
Budget Appropriations, Tax Rate, and other Rate Ordinances. The tax
rate can be adopted the same night as the public hearing, but the tax
increase vote cannot be held later than 7 days form the public hearing.
The Council must "ratify" the property tax increase reflected in the
budget when revenues raised are greater than the previous year. A vote
on the adoption of the budget must be a record vote.

August 30 Council Meeting Second reading of the Budget Appropriations, Tax Rate, and other
Rate Ordinances. This must occur no sooner than three and no more
than fourteen days from the August 24 meeting.

Other documents to be approved include:
• Authorized signatures designated.
• Investment policy approved.
• Fee Schedule approved.