Minutes TC 06/30/1994 - Budget WorkshopMINUTES OF BUDGET WORKSHOP MEETING
TOWN OF TROPHY CLUB
JUNE 30, 1994
THE STATE OF TEXAS
COUNTY OF DENTON
The Town Staff and Finance Committee of the Town of Trophy
Club, Texas met in a joint workshop session on Thursday, June
30, 1994. The meeting was held within the boundaries of the
Town and was open to the Public.
Staff Members Present:
Donna Welsh Town Manager
Jack Jacobs Town Treasurer
Don Franklin Chief of Police
Bill LeGrand Director of Public Works
Karen Sadri Town Secretary
Planning and Zoning Administrator, Pauline Shaw, was not able
to attend.
Finance Committee Members Present:
John Carter
Robert Burns
Jim Hase
Jim Nuber
Lee Pettigrew
Scott Smith
Gene Hill
Committee Chairman
Committee Member
Committee Member
Committee Member
Committee Member
Committee Member
Councilmember Liaison
Committee Chairman Carter called the meeting to order at 7:00
p.m., noting a quorum was present.
WORKSHOP: TOWN STAFF AND THE FINANCE COMMITTEE TO CONDUCT A
WORKSHOP TO DISCUSS THE PRELIMINARY BUDGET FOR THE OCTOBER 1,
1994 THROUGH SEPTEMBER 30, 1995 FISCAL YEAR.
Town Treasurer Jacobs explained how the proposed operating
budget was formatted with current year, projected actuals,
and proposed dollar amounts. On the revenue page the bigger
income is from franchise fees, especially T.U. Electric.
Sales tax remains stable because Trophy Club is mostly
residential. Ambulance fees increased due to a busier run
schedule, and East Entrance will be carried over another year
or until the developers complete it. Contingency is a
balancing item whose amount is determined by the Council.
Page 2, Budget Workshop Meeting
In response to the Finance Committee's questions regarding
insurance expenditures including Workers Compensation,
unemployment tax, and legal fees, he cited higher costs from
the governmental entities and the future increased building
development.
Chief of Police, Don Franklin, justified the need for a
replacement and an additional officer citing statistics that
recommend ten (10) full-time officers for a town our size.
He also explained the department building expansion to double
the office space.
Public Works Director, Bill LeGrand, gave the advantages of a
Topo map for all the future development. The significant
increases to water, electricity, trash removal, and landscape
maintenance are due to raised vendor rates and additional
services being offered. For clarification abandoned property
was reworded to property management and contract labor to
independent contract labor.
Town Treasurer Jacobs reminded the Committee that the fund
account was $ 90,000 to the good and will have additional
amounts when the back taxes are paid. He wanted them to
consider the following three items that will be dropped
during the year: (a) the Topo map (b) East Entrance and
(c) police building expansion.
After discussing the amount of money that should be in
reserves and the current tax rate of .3361, the Finance
Committee came to a concensus that no changes for the
proposed budget will be made at this time. The joint meeting
with the Town Council will be in early or mid-August.
ADJOURN
As there was no further discussion, Committee Member Burns
made a motion to adjourn at 8:27 p.m. Committee Member Smith
seconded; motion passed unanimously.
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John Carter
Committee Chairman
Town Secretary