Page 98 - CityofWataugaAdoptedBudgetFY25

BUDGET CALENDAR 2024-2025

City Wide Budget

Each department reviews 5 year plan and
Thu, Feb 15, 2024 Directors/FD Personnel Improvement Plan Update
submits update to HR - Due March 15
Fri, Mar 15, 2024 Directors/FD Personnel Improvement Plan Update Due to HR
Bond/CIP Capital Improvement Plan Kick-off - Update of
Mon, Mar 25, 2024 Due May 17th
Committee/Engineer estimates
Mon, Apr 1, 2024 Bond/COP Committee Update COP needs and estimates Due May 3rd
Wed, Apr 3, 2024 Directors/FD/CM Digital Budget Kick-off - Documents available
Thu, Apr 4, 2024 Directors / FD / CM Budget training (As needed on individual basis) Optional Refresher (contact Finance)
Thu, May 9, 2024 Bond/COP Committee Final COP Committee
Bond/CIP
Fri, May 10, 2024 Final Update on CIP due to Finance
Committee/Engineer
Fri, May 17, 2024 HR/FD/CM Personnel Improvement Plan Update PIP due to CM review and budget prep
Fri, May 17, 2024 Directors / FD Baseline Budgets & Year End Projections Due Departments update into Incode
Departments submit requests - not in
Fri, May 17, 2024 Directors/FD New & Expanded Requests Due
System until approved
Preliminary TAD Taxable Values are received
April - May 2024 TAD / FD (Finance Department begins Tax Rate Tarrant Appraisal District submits
preliminary tax values to cities
Analysis)
Wed, May 29, 2024 FD Preliminary Revenue Estimates All revenues estimates due - 1st update
Sat, Jun 1, 2024 CM/CC Strategic Planning & Budget Retreat Review Strategic Plan and budget topics
Mon, Jun 10, 2024 CM/CC Budget Worksession CIP, COP, discuss debt issuance if needed
Finance Department submits preliminary
Mon, Jun 10, 2024 FD/CM
consolidated budget to CMO
Meeting with City Manager & Directors
6/17-6/21 2024 Directors/FD/CM Budget Request Discussions (Finance Director to allow departments to
present budget requests)
Mon, Jun 24, 2024 CM/CC/Directors City Council Meeting NOI debt issuance
Fri, Jul 12, 2024 CM Final Decisions & Budget Message Prepared
7/15-7/19 FD/CM Budget Preparation Week
Required by August 1st - Article IX Sec.
Submit Preliminary Budget to
Sat, Jul 20, 2024 FD / CM 9.02B. Home Rule Charter-de minimis rate
CSO/Council/Website
triggers earlier date
Publish Notice of Availability of the proposed 8/1/2024 Article IX Sec. 9.02C. Home Rule
Fri, Jul 19, 2024 CSO for CC
budget document for public inspection Charter-earlier date for de minimis
Certified Appraisal Roll Received Tax Rate
Thu, Jul 25, 2024 TAD / FD Calculations and Revenue estimates (revisions
to the Budget are made as necessary)
Thu, Jul 25, 2024 CSO for CC Publish Notice of Public Hearing EDC & CCPD To be held August 12th
TEX. LOC. GOV’T CODE § 102.0065 (not
Publish Notice of Budget Public Hearing to be later than 10th day before the budget
Thu, Aug 1, 2024 CSO for CC held 8/12 and Property tax rate and Public hearing). Note that the notice may not be
Hearing on Tax Increase to be held 8/26 published earlier than the 30th day before
the hearing.
Budget Presentations Workshop
Mon, Aug 5, 2024 CC/Directors/CM (Budget Highlights & Tax Rate and Department Present highlights for funds and significant
changes. Discuss supplemental requests.
Budgets)
The designated officer or employee must
Meeting of City Council to discuss tax rate mit the no-new-revenue and voter-
b
s
u
Mon, Aug 5, 2024 CC (if above no new revenue rate, take record vote approval tax rates to the city council by
and schedule public hearing) August 7th, or as soon thereafter as
practicable. TEX. TAX CODE § 26.04(e)
Article IX Sec. 9.02E. Home Rule Charter
Public Hearing on Budget - Must be at least 15 Chapter 26 Sec.26.06(a) Property Tax Code
Mon, Aug 12, 2024 CC
days after submission to CSO SB2 new requirement - over 3.5% (Must be
78 days before November election)
Additional budget worksession if desired by
Mon, Aug 19, 2024 CC Budget Worksession (if needed)
City Council
Public Hearing on Tax RateBudget & Tax Rate
Mon, Aug 26, 2024 CC adopted, Ratification of Revenue Increase and By September 15th by City Ordinance
Fee changes.
Tue, Oct 1, 2024 ALL Budget Implementation
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