I have received word that the projects City needed were included in the Bond procedure. Both the Flintrock Road Construction and the Bee Creek Road Construction made the cut. From what I understand, many items previously cut were also included. The total bond package is a little over 200 million dollars. The Bond election will be in November this year.
Council met Monday at 2PM, here is that agenda. There was a work session on the FY 2012 City budget. Following a presentation by City Manager Steve Jones, the budget was discussed. The plan is to keep the tax rate at $.197 per $100 of evaluation - the same as last year. It appears that many items deferred from the last 3-4 years can be addressed in this budget.
An amendment was passed to amend the FY 2011 budget to allow use of unused funds.
Next Monday, Council will meet in regular session at 6:30PM. Here is that agenda. I expect this meeting will run long - there is a lot on the agenda.
CBC meets tomorrow, August 11, 2011 at 9AM. Here is that agenda.
More soon!
Thanks for the support!
Joe Bain
lakeway@bain.us
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