Page 19 - CITY OF WATAUGA, TEXAS ANNUAL BUDGET PORTRAIT

Date Group Affected Action Needed Requirement
City Wide Budget
Each department reviews 5-year plan and
Wed, Feb 26, 2025 Directors/FD Personnel Enhancement Plan Update
submits update to HR - Due March 28
Fri, Mar 28, 2025 Directors/FD Personnel Enhancement Plan Update Due to Human Resources
Bond/CIP Capital Improvement Plan - update projects
April-May 2025 Due May 9th
Committee/Engineer and estimates
Tue, Apr 1, 2025 Directors/FD/CM Digital Budget Kick-off - Documents available
Tue, Apr 8, 2025 Directors / FD / CM Budget training (As needed -individual basis) Optional refresher (contact Finance)
Update Capital Outlay Plan needs and
Mon, Apr 14, 2025 Bond/COP Committee Due May 9th
estimates
Bond/CIP
Fri, May 9, 2025 Final Update on CIP
Committee/Engineer
Fri, May 9, 2025 Bond/COP Committee Final Update on COP
Fri, May 16, 2025 HR/FD/CM Personnel Enhancement Plan Update PEP due to CM review and budget prep
Fri, May 16, 2025 Directors / FD Baseline Budgets & Year End Projections Due Departments update into Incode
Departments update into Incode New
Fri, May 16, 2025 Directors/FD New & Expanded Requests Due
Requests - not in baseline until approved
Tue, May 27, 2025 FD Preliminary Revenue Estimates All revenues estimates due - 1st update
Tarrant Appraisal District submits
Preliminary TAD Taxable Values are received
April - May 2025 TAD / FD
(Finance Department begins Tax Rate preliminary tax values to cities
Sat, May 31, 2025 CM/CC Strategic Planning Update & Budget Retreat
Finance Department submits preliminary
Mon, Jun 9, 2025 FD/CM
consolidated budget to CMO
Workshop and meeting if needed for debt
Mon, Jun 9, 2025 CM/CC/Directors CIP, COP, Debt
issuance
Mon, Jun 9, 2025 CM/CC/Directors City Council Meeting NOI debt issuance
Meeting with City Manager & Directors
6/16-6/20 2025 Directors/FD/CM Budget Request Discussions (Finance Director to allow departments to
present budget requests)
Mon, Jul 14, 2025 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
Fri, Jul 25, 2025 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 25, 2025 CSO for CC
budget document for public inspection Charter-earlier date for de minimis
Certified Appraisal Roll ReceivedTax Rate
Fri, Jul 25, 2025 TAD / FD Calculations and Revenue estimates (revisions to
the Budget are made as necessary)
TEX. LOC. GOV’T CODE § 102.0065 (not
Fri, Aug 1, 2025 CSO for CC Publish Public Hearing Notice for Budget later than 10th day before the budget
hearing). 15 days
TEX. LOC. GOV’T CODE § 102.0065 (not
later than 10th day before the budget
Fri, Aug 1, 2025 CSO for CC Publish Public Hearing Notice for Tax Rate hearing). Note that the notice may not be
published earlier than the 30th day before
the hearing.
Budget Presentations Workshop
Present highlights for funds and significant
Mon, Aug 4, 2025 CC/Directors/CM (Budget Highlights & Tax Rate and
changes. Discuss supplemental requests.
Department Budgets)
The designated officer or employee must
Meeting of City Council to discuss tax rate
submit the no-new-revenue and voter-
Mon, Aug 4, 2025 CC (if above no new revenue rate, take record approval tax rates to the city council by
vote 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 15 days Chapter 26 Sec.26.06(a) Property Tax Code
Mon, Aug 11, 2025 CC
after submission to CSO SB2 new requirement - over 3.5% (Must be
78 days before November election)
Public Hearing on Tax Rate
(Reading of Ordinance to Adopt Budget) Article IX Sec. 9.02E. Home Rule Charter
Chapter
Meeting to adopt tax rate 26 Sec.26.06(a) Property Tax Code
Mon, Aug 25, 2025 CC
(Taxing unit must adopt tax rate by the later SB2 new requirement - over 3.5% (Must be
of September 29, or the 60th day after 78 days before November election)
receiving certified appraisal roll)
Wed, Oct 1, 2025 ALL Budget Implementation
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