Page 85 - CityofWataugaAdoptedBudgetFY24

DETAILED BUDGET CALENDAR 2023-2024

Date Group Affected Action Needed Requirement
City Wide Budget
Thu, Mar 16, 2023 Bond/COP Committee Update COP needs and estimates Due date April 12, 2023 - Meet May 10th
April- May 2023 Bond/CIP Committee/Engineer Update CIP projects and estimates Due date May 8, 2023
Mon, Apr 10, 2023 Directors/FD/CM Budget Kick-off documents sent to Departments
Wed, Apr 12, 2023 Directors / FD / CM Budget training (As needed on individual basis) Optional Refresher (contact Finance)
April - May 2023 Directors/FD/CM Personnel Improvement Plan Update
Fri, May 12, 2023 Directors / FD Baseline Budgets & Year End Projections Due
Sat, May 13, 2023 CM/CC Strategic Planning Meeting - Council
Fri, May 19, 2023 Directors/FD New & Expanded Requests Due
Preliminary TAD Taxable Values are received Tarrant Appraisal District submits preliminary tax
April - May 2023 TAD / FD
(Finance Department begins Tax Rate Analysis) values to cities
Fri, May 26, 2023 FD Preliminary Revenue Estimates
Finance Department submits preliminary
Fri, Jun 9, 2023 FD/CM
consolidated budget to CMO
Meeting with City Manager & Directors (Finance
6/14-6/21 2023 Directors/FD/CM Budget Request Discussions
Director to allow departments to present budget
Mon, Jun 26, 2023 CM/CC/Directors CIP, COP, Debt Workshop and meeting if needed for debt issuance
Certified Appraisal Roll ReceivedTax Rate
Tue, Jul 25, 2023 TAD / FD Calculations and Revenue estimates (revisions to
the Budget are made as necessary)
Wed, Jul 26, 2023 CM Final Decisions & Budget Message Prepared
Required by August 1st - Article IX Sec. 9.02B.
Tue, Aug 1, 2023 FD / CM Submit Preliminary Budget to CSO/Council
Home Rule Charter
Publish Notice of Availability of the proposed
Tue, Aug 1, 2023 CSO for CC 8/1/2023 Article IX Sec. 9.02C. Home Rule Charter
budget document for public inspection
Budget Presentations Workshop
Mon, Aug 7, 2023 CC/Directors/CM (Budget Highlights & Tax Rate and Department
Budgets)
The designated officer or employee must submit
Meeting of City Council to discuss tax rate the no-new-revenue and voter-approval tax rates
Mon, Aug 7, 2023 CC (if above no new revenue rate, take record vote to the city council by this date, or as soon
and schedule public hearing) thereafter as practicable. TEX. TAX CODE §
26.04(e)
TEX. LOC. GOV’T CODE § 102.0065 (not later than
Fri, Aug 11, 2023 CSO for CC Publish Public Hearing Notice for Budget
10th day before the budget hearing).
TEX. LOC. GOV’T CODE § 102.0065 (not later than
10th day before the budget hearing). Note that the
Fri, August 25, 2023 CSO for CC Publish Public Hearing Notice for Tax Rate
notice may not be published earlier than the 30th
day before the hearing.
Article IX Sec. 9.02E. Home Rule Charter Chapter
Public Hearing on Budget - Must be 15 days after 26 Sec.26.06(a) Property Tax Code SB2 new
Mon, Aug 28, 2023 CC
submission to CSO requirement - over 3.5% (Must be 78 days before
November election)
Public Hearing on Tax Rate
(Reading of Ordinance to Adopt Budget)
Meeting to adopt tax rate
Mon, Sep 11, 2023 CC By September 15th by City Ordinance
(Taxing unit must adopt tax rate by the later of
September 29, or the 60th day after receiving
certified appraisal roll)
Sun, Oct 1, 2023 ALL Budget Implementation

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