HARKER HEIGHTS – Harker Heights Mayor Spencer Smith and the five city council members met on Friday for their annual budget conference at the Stewart C. Meyer Public Library Activity Center. Members of the city administration, including department heads and support staff, also attended.
Smith told the Herald at the end of the three-hour meeting, “We had an excellent attendance today, with the city manager and department heads doing a great job of drawing up the budget and our finance director presenting it to us.
“We have a good plan for the future and we will publish the process and look forward to September 14th when we hold a public hearing and approve the tax rate.”
Finance Director Ayesha Lealilee presented the council with a proposed tax rate of 65.19 cents per valuation of $ 100, as well as a budget for fiscal year 2022 that has (all funds) total revenues of $ 55,169,700 and total expenses of $ 64,642,000 Dollar includes.
“The council can decide to go below the tax rate of 65.19 cents, but not higher,” said Lealilee.
The topics on Friday were: an explanation of each fund led by Lealilee, a waste management presentation by Mark Hyde, Public Works Director, information on the tax rate, fee schedule and an opportunity for the council to comment.
Regarding the difference between income and expenditure, Heights City Manager David Mitchell told the Herald, “The key to remember is that it is not deficit spending.
We’re still working on projects so we still have dollars in our bank, but we are completing those projects and it looks like we’re spending more than we took in when in fact we aren’t. We have a balanced budget that uses funds that have either been borrowed from previous years or saved up and moved to this year. “
Public hearings on the budget are scheduled for the city council meetings on September 7th and 14th. The adoption of the tax rate is also planned for September 14th.