* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.
          [00:00:07]
          GOOD 
          [CALL TO ORDER]
EVENING. 
          I'D LIKE TO CALL THIS MEETING OF THE WILMER CITY COUNCIL TO ORDER AT 6:00 PM THIS IS A SPECIAL BUDGET WORKSHOP MEETING. 
          ON BEHALF OF THE CITY COUNCIL, I WOULD LIKE TO EXTEND A WARM WELCOME AND THANK YOU FOR JOINING US THIS EVENING. 
          YOUR PRESENCE RE REFLECTS A STRONG COMMITMENT TO A CIVIC ENGAGEMENT, AND WE TRULY VALUE YOUR INTEREST IN THE WORK AND PROGRESS OF OUR CITY. 
          IF WE CAN ALL STAND FOR THE PLEDGE OF ALLEGIANCE, I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. 
          OKAY, THERE ARE NO CITIZEN COMMENTS AT THIS TIME. 
          [BUDGET WORK SESSION ]
WE WILL NOW MOVE TO THE BUDGET WORK SESSION. 
          UH, REVIEW AND DISCUSS THE PROPOSED FISCAL YEAR 20 26, 20 27 BUDGET. 
          WE WILL NOW HAVE A BUDGET WORKSHOP PRESENTATION PRESENTED BY PATRICIA ALRICK, OUR CONSULTING FINANCE DIRECTOR. 
          GOOD EVENING MAYOR, PRO TEM COUNCIL AND RESIDENTS OF THE CITY OF WILMER. 
          I AM VERY HAPPY TO BE HERE TONIGHT TO GO OVER, UM, THIS BUDGET WORKSHOP FOR THE FISCAL YEAR 2027, UM, YEAR. 
          AND I WOULD LIKE TO FIRST OF ALL START OFF WITH A VERY SHORT RECAP OF THE, WHAT I CALL THE, THE YEAR, THE MIDYEAR IN REVIEW. 
          IT'S ACTUALLY A LITTLE BIT MORE THAN MIDYEAR NOW BECAUSE I'M GOING TO BE SHOWING, UM, THE ACTUALS AS OF JUNE, UM, JUNE 30TH. 
          AS YOU CAN SEE, UM, WE HAVE ABOUT 98% COLLECTED FOR THE FISCAL YEAR 26, THE CURRENT ONE. 
          UM, AS COMPARED TO THE BUDGET, BUDGET TO ACTUAL, THE PROPERTY TAX REVENUE HAS COME IN AND IT IS, UM, 5% HIGHER THAN WE HAD ANTICIPATED. 
          AND I'LL GO INTO THAT A LITTLE BIT MORE IN A LITTLE BIT. 
          BUT FOR NOW, YOU CAN SEE THERE THAT AS OF 6 30, 90 1% OF THE SALES TAX REVENUE ALSO HAS COME IN. 
          SO SALES TAX REVENUES ARE A LOT HIGHER THAN WE HAD ANTICIPATED, WHICH IS ALSO GOOD NEWS. 
          SO OVERALL, AS OF JUNE 30TH, THE TOTAL REVENUE COLLECTED IS 98%. 
          AND THEN WHEN YOU GO DOWN TO THE EXPENDITURES, GENERAL GOVERNMENT, 63% OF BUDGET, PUBLIC SAFETY, 77% OF THE BUDGETED, UH, AMOUNT, COMMUNITY SERVICES, 38%. 
          AND THEN COMMUNITY DEVELOPMENT, 96% NON-DEPARTMENTAL IS 41% WITH A NET INCOME OF $7 MILLION AS OF SIX 30. 
          SO THAT IS VERY GOOD NEWS. 
          THE GENERAL FUND IS LOOKING VERY HEALTHY, AND WE ARE RIGHT WHERE WE WANT TO BE AT THIS TIME OF YEAR. 
          SO THE NEXT SLIDE ARE THE END OF YEAR PROJECTIONS. 
          SO EVERY YEAR I GO THROUGH EVERY SINGLE LINE ITEM AND BASED ON TRENDS AND ACTUALS, I PROJECT OUT WHERE WE THINK WE ARE GOING TO END THE YEAR AT SEPTEMBER 30TH. 
          SO IN PROPERTY TAXES, AS YOU CAN SEE, WERE ABOUT $10.3 MILLION, UH, THAT WERE, UM, ADOPTED AND, UH, PROJECTED, HOWEVER, THE FINAL NUMBERS FROM THE TAX OFFICE WERE $10.8 MILLION, WHICH IS $522,000 MORE THAN WE HAD BUDGETED FOR, WHICH IS A 5% INCREASE. 
          AND WHY DID THAT HAPPEN? WHENEVER THE DALLAS CENTRAL APPRAISAL DISTRICT DISTRICT SENDS THE CITY THEIR CERTIFIED ASSESSED VALUES, THEY HOLD BACK A CERTAIN AMOUNT, UM, AND ASSESS VALUE, WHICH THEY KNOW WILL BE UP FOR, UM, THE A RB BOARD, THE APPRAISAL. 
          THIS MEANS THAT PROPERTY TAX PAYERS WILL BE EITHER FILING LAWSUITS OR GOING IN AND CONTESTING THOSE PROPERTY VALUES. 
          SO THEY HOLD THAT BACK, OKAY? 
          [00:05:01]
WE DON'T USE THAT IN CALCULATING THE BUDGETED REVENUES FOR THE NEXT COMING FISCAL YEAR BECAUSE WE DON'T KNOW IF WE'RE GOING TO GET THAT OR NOT. 
          HOWEVER, THIS FISCAL YEAR, THE, UH, THE DALLAS CENTRAL APPRAISAL DISTRICT WON. 
          SO THOSE TAXPAYERS HAD TO PAY WHAT, UM, THE DCA HAD BILLED THEM FOR ALL OF THE ENTITIES, NOT ONLY THE CITY OF WILMER, BUT DISD. 
          EVERYONE, UM, GOT A LITTLE EXTRA BECAUSE OF THIS, UM, UM, FINALIZATION, IF YOU WILL, THEY EVEN PUBLISHED IT IN THE PAPER. 
          UM, THE CITY OF WILMER HAS HAD THE HIGHEST INCREASE IN PROPERTY TAX VALUES FROM 24 TO 25 OF ALL OF THE CITIES IN DALLAS COUNTY. 
          THAT IS A BIG DEAL, OKAY? AND, UM, MOST OF THOSE, AND I HAD A PHONE CALL WITH THE TAX ASSESSOR'S OFFICE ABOUT THIS. 
          MOST OF THESE PROPERTIES THAT HAVE THIS HIGH INCREASE IN PROPERTY TAX VALUES ARE INDUSTRIAL AND COMMERCIAL PROPERTIES. 
          OKAY? THE MANUFACTURERS, THE WAREHOUSES, AND ALL OF THOSE ARE THE ONES PAYING THE MOST PROPERTY TAXES TO THE CITY. 
          I WANTED TO MAKE THAT VERY CLEAR. 
          SO THERE'S A, A TIFF PORTION OF THE PROPERTY TAX THAT HAS TO BE SET ASIDE EVERY YEAR. 
          AND SO IN THE PAST, THE CITY HAD NOT BEEN PUTTING ASIDE ANY MONEY TO PAY THOSE DEVELOPERS ONCE THEY CAME THROUGH WITH THEIR INVOICES SAYING, YOU KNOW, WE HAVE PAID AND WE HAVE LIVED UP TO OUR END OF THE CONTRACT, AND YOU ALL OWE US MONEY NOW. 
          SO EVERY YEAR, YOU'RE, THE CITY IS SUPPOSED TO BE SETTING ASIDE A CERTAIN AMOUNT OF MONEY. 
          SO WHEN THESE DEVELOPERS COME THROUGH WITH THEIR BILL, WE JUST PAY THEM, YOU KNOW, ACCORDING TO, UM, WHATEVER CONTRACT THEY HAVE A TAX ABATEMENT. 
          AND SO LAST YEAR WE SET ASIDE 500,000. 
          HOWEVER, UH, THERE WAS A DEVELOPER WHO SAID THAT THE CITY WAS BEHIND IN PAYING HIM, UM, HIS TIFF PORTION OF THE PROPERTY TAXES. 
          AND SO WE ARE, UM, PROJECTING CLOSE TO $3 MILLION IN PAYMENTS TO THOSE, TO THAT TIFF DEVELOPER. 
          AND SO THAT'S WHY YOU, YOU SEE THAT HUGE 492% INCREASE. 
          SO NOW, NOW THAT WE KNOW HOW THIS WORKS, AND STAFF HAS BEEN TRAINED ON HOW THIS WORKS FOR FISCAL YEAR 2027, I'M ALREADY PUTTING THAT AMOUNT IN THERE IN THE BUDGET SO THAT WE ARE PREPARED TO PAY THEM, AND WE ARE NOT GOING TO BE BEHIND ANYMORE. 
          OKAY? SALES TAX, AS YOU CAN SEE, IT WAS 6.1 MILLION. 
          IT'S COMING IN, UH, MY END OF YEAR PROJECTION, 7.3 MILLION, MAYBE EVEN MORE. 
          AND THAT'S JUST FOR THE GENERAL FUND, OKAY? THAT IS THANKS TO A, AN INCENTIVE AGREEMENT FOR A CERTAIN MANUFACTURER, AND I CAN'T SAY THE NAME OF THIS COMPANY. 
          THEY ARE THE NUMBER ONE GENERATOR OF SALES TAX REVENUE FOR THE CITY OF WILMER, WHO, WHOEVER SIGNED THAT DEAL WAS A GENIUS BECAUSE WE'VE GOT THIS COMPANY HERE FOR 20 YEARS. 
          AND SO WHENEVER I LOOK AT OTHER CITIES OR TALK TO OTHER FINANCE DIRECTORS, WILMER IS THE ENVY OF LITTLE TOWNS BECAUSE THEY'RE LIKE, HOW, HOW DO YOU GUYS HAVE SO MUCH SALES TAX? HOW DO YOU HAVE  SUCH A HIGH SALES TAX REVENUE? I MEAN, WE WISH WE HAD THAT. 
          AND THE SAME THING WITH THE PROPERTY TAX VALUES. 
          SO THESE SALES TAX REVENUES AREN'T COMING FROM LIKE A TACO CASA OR A DOLLAR GENERAL OR ANYTHING LIKE THAT. 
          OKAY? SO IT LOOKS GOOD FOR THE CITY WHEN YOU HAVE THIS TYPE OF REVENUE COMING IN, OKAY? BECAUSE IT MAKES YOU LOOK GOOD FINANCIALLY. 
          AND IF YOU DIDN'T KNOW THIS, I DON'T KNOW, I, I COULDN'T HEAR WHEN, UH, MR. SABONI, UM, WHO HAS PASSED AWAY RECENTLY. 
          HE WAS THE, UH, CITY'S FINANCIAL ADVISOR, UM, WHEN THE CITY JUST REFUNDED THE 2026 CERTIFICATES OF OBLIGATION AND THE GO, REMEMBER, WE HAD THOSE BONDS THAT CAME UP AND YOU ALL VOTED TO LIKE, REFINANCE WHEN STANDARD AND POORS, WE HAD A PHONE CALL. 
          IT'S A VERY EXTENSIVE PROCESS, VERY EXTENSIVE PROCESS. 
          AND THEY HAD A PHONE CALL WITH MYSELF AND THE FORMER CITY ADMINISTRATOR ASKING ALL KINDS OF QUESTIONS. 
          AND THEY HAD DOWNGRADED THE CITY'S CREDIT RATING BACK THEN. 
          AND BECAUSE THE CITY WAS BEHIND 
          [00:10:01]
BY TWO FISCAL YEARS FOR THEIR AUDITS, REMEMBER, THAT'S WHY I WAS HIRED SO THAT I COULD GET THOSE UP TO, UP TO DATE. 
          ONCE WE FINISHED THE CONVERSATION AND THEY SAW THE FISCAL YEAR 25 AUDIT THAT WE JUST FINISHED, AND, UM, IN RECORD TIME, MIGHT I ADD, UM, THEY CAME BACK WITH AN A PLUS RATING FOR THE CITY NOW, WHICH IS FANTASTIC. 
          AND YOU CAN GO AND GOOGLE IT YOURSELF, STANDARD OF POORS, CITY OF WILMER  CREDIT RATING. 
          IT'LL COME UP AND IT'LL SHOW EVERYTHING THAT THEY FOUND. 
          UM, THE OUTLOOK IS STABLE. 
          THAT'S WHAT THAT MEANS. 
          NOW, AS WE GO THROUGH AND PLAN AND BUDGET ACCORDINGLY, AND, YOU KNOW, HAVE OUR FUND BALANCES IN SUCH A, A, A PLACE WHERE THE CITY CAN PAY CASH FOR THINGS INSTEAD OF BORROWING, UM, YOUR, YOUR CREDIT RATING WILL GO UP HIGHER AND HIGHER AND HIGHER, OKAY? WHICH WILL MAKE IT EASIER FOR YOU TO, UH, BOND OUT FOR DEBT IF YOU WANT, YOU KNOW, I DON'T KNOW, A NEW CITY HALL OR YOU WANT, UH, NEW STREETS, WATER INFRASTRUCTURE, SEWER INFRASTRUCTURE, UM, IT'LL MAKE IT EASIER THAT WAY. 
          OKAY? I WANTED TO JUST GET THAT OUT THERE BECAUSE IT'S A VERY, VERY BIG DEAL THAT YOUR, THE CREDIT RATING FOR THE CITY IS HIGHER. 
          AND SO ANOTHER THING THAT GETS KIND OF, UM, LOST IN ALL OF THIS WHERE IT SAYS CHARGES FOR CURRENT SERVICES, 611,578 WAS ADOPTED. 
          932,000 8 0 8 IS MY PROJECTIONS INSIDE OF THAT. 
          IF YOU LOOK AT THE LINE ITEM BUDGET ONLINE ARE CHARGES FROM AMBULANCE SERVICES. 
          I DON'T THINK PEOPLE REALIZE HOW MUCH REVENUE THOSE AMBULANCE RUNS BRING TO THE CITY. 
          ANYTIME THEY'RE CALLED OUT AND THEY HAVE TO TRANSPORT SOMEONE IN THOSE AMBULANCES, THEY HAVE TO CHARGE THE CITY CHARGES, AND WE GET PAYMENTS COMING IN FROM THE INSURANCE COMPANIES, RIGHT? SO IT'S A BIG REVENUE GENERATOR BECAUSE THEY'RE DOING THEIR JOB, YOU KNOW, SAVING PEOPLE AND TRANSPORTING THEM TO THE HOSPITAL. 
          SO THAT'S SOMETHING THAT I WANT YOU TO KEEP IN MIND THAT THE FIRE DEPARTMENT BRINGS IN. 
          EMTS BRING IN QUITE A BIT OF REVENUE LICENSES AND PERMITS IN THE NEXT FEW SLIDES AFTER THIS, WHEN WE GET INTO REVENUES AND EXPENSES, ONE THING THAT WAS ASKED WAS, WHY ARE THE LICENSES AND PERMITS EXPENSES SO HIGH FOR NEXT YEAR? THE WAY THAT IT WORKS IS THAT LICENSES AND PERMITS HAS A LINE ITEM IN REVENUE WHERE THE CITY CHARGES THESE BIG DEVELOPERS, COMMERCIAL DEVELOPERS FOR GETTING PULLING PERMITS, RIGHT? THE CITY KEEPS A CERTAIN PERCENTAGE OF THAT, AND THEN THE CITY PAYS A, A CONTRACTOR TO GO OUT AND DO THOSE INSPECTIONS BECAUSE THE CITY DOESN'T HAVE ALL THIS STAFF TO GO DO ALL THAT. 
          SO IT'S KIND OF A PASS THROUGH. 
          SO IT'S NOT THAT, OH, WE'RE PAYING THESE CONTRACTORS SO MUCH MONEY. 
          NO, WE'RE ALSO KEEPING A BIG CHUNK OF THAT. 
          SO IT, IT KIND OF EVENS OUT. 
          SO I, I WANTED TO POINT THAT OUT BECAUSE SOMEONE DID MAKE A QUESTION, HAD A QUESTION ABOUT THAT. 
          UH, FINES AND FORFEITURES, OF COURSE, IS FROM THE COURT. 
          UM, UH, THEY WERE, UM, A LITTLE BIT KIND OF LOW. 
          SO I, I'M, I'M JUST PROJECTING ABOUT MINUS 2%, UM, FROM THEIR COLLECTIONS THERE. 
          THEY ALSO HAVE, UM, A LINE ITEM AND THERE'S, UH, FROM A COLLECTIONS AGENCY, AND IF SOMEBODY HAS, I DON'T KNOW HOW IT WORKS, I DON'T KNOW MUCH ABOUT COURT, BUT IT'S ALSO KIND OF A PASS THROUGH. 
          AND IF THEY ARE, UH, IF SOMEBODY HAS A TICKET AND THEY DON'T PAY IT WITHIN A CERTAIN AMOUNT OF TIME, IT GOES IMMEDIATELY INTO COLLECTIONS. 
          AND THEN THEY HAVE TO PAY A FEE, AND THE FEE GOES DIRECTLY TO THAT COMPANY. 
          AND SO THE CITY'S NOT OUT ANY MONEY, YOU KNOW, WE GET OUR SHARE, THEY GET THEIR FEE, AND EVERYBODY'S HAPPY. 
          , YOU KNOW, SO I WANTED TO POINT THAT OUT. 
          SO, SO FAR PROJECTED END OF YEAR FOR THIS FISCAL YEAR IN SEPTEMBER, $19.8 MILLION, WHICH IS A 3% INCREASE OVER WHAT WE, UM, ADOPTED LAST YEAR AT THIS TIME, IF YOU REMEMBER FROM LAST YEAR, I WENT THROUGH AND TALKED ABOUT THE FUND BALANCE, AND PEOPLE ARE LIKE, WHAT'S THE FUN BALANCE? AND I'LL GO INTO THAT LATER. 
          THE TWO FISCAL YEAR AUDITS THAT WERE BEHIND BACK THEN, ONE OF 'EM HAD A NEGATIVE FUND BALANCE, REALLY BAD. 
          THINK ABOUT 
          [00:15:01]
IT AT, AT YOUR BANK. 
          IF YOU HAVE A NEGATIVE FUND BALANCE, THAT'S NOT GOOD. 
          YOU'RE RUNNING OUT OF MONEY, YOU DON'T HAVE ANY MONEY. 
          SECOND YEAR, FISCAL YEAR 24, IT DID NOT MEET THE 60 DAYS. 
          IT BARELY HAD LIKE, FOR LIKE TWO MONTHS. 
          UM, NOT, NO, NOT TWO MONTHS. 
          I'M SORRY, TWO WEEKS. 
          IT HAD ABOUT TWO WEEKS IN THE, IN THE, IN THE BANK. 
          THE REASON THAT HAPPENED, AND THE REASON THAT I WAS HIRED, UH, TO CITY ADMINISTRATORS AGO, IS THAT THE, THE FINANCE STAFF WAS NOT DOING THE RECONCILIATIONS ON, ON A REGULAR BASIS. 
          EITHER THEY WERE NOT SKILLED ENOUGH OR THEY DIDN'T HAVE ENOUGH STAFF. 
          I DON'T KNOW WHAT THE PROBLEM WAS, BUT YOU NEED TO RECONCILE THOSE AND ALSO HAVE A BUDGET ANALYST LOOK AT IT EVERY SINGLE WEEK TO MAKE SURE THAT EVERYTHING'S ON THE UP AND UP. 
          SOME PROCEDURES AND POLICIES NEEDED TO BE PUT IN PLACE SO THAT IT WAS A SMOOTH AND EFFICIENT AUDIT EVERY YEAR. 
          THOSE ARE IN PLACE NOW. 
          SO THAT FOR WHEN THIS NEW AUDIT, UH, SEASON IS COMING UP, UM, IN SEPTEMBER, NEW AUDITORS WILL BE COMING IN. 
          THE, UH, OTHER PERSON IN FINANCE ALONG WITH MYSELF, EVERYTHING IS READY TO GO. 
          EVERYTHING. 
          SO THAT WHENEVER THEY ASK FOR SOMETHING, STAFF IS NOT SCRAMBLING, TRYING TO FIND THINGS. 
          EVERYTHING IS ALREADY IN AN ELECTRONIC FORMAT, AND IT'S SENT TO THEM SO THAT THEY CAN, UH, LOOK AT IT. 
          AND SO THOSE ARE SOME OF THE THINGS THAT MAKE THIS FUND BALANCE. 
          SO, UM, SO HIGH. 
          SO WE STARTED OFF THE YEAR WITH ABOUT $3.3 MILLION IN FUND BALANCING. 
          SO YOU TAKE THE, HOW MUCH MONEY DID WE HAVE ON SEPTEMBER 30TH, 2025, ACCORDING TO THE AUDITORS, 'CAUSE THAT'S WHAT MATTERS. 
          3.3 MILLION, EXCELLENT. 
          NO MORE NEGATIVES. 
          WE HAVE 60 DAYS. 
          SO I BRING THAT INTO FISCAL YEAR 26, AND I START DOING ALL OF MY PROJECTIONS, BROUGHT IT TO COUNCIL, IT WAS ADOPTED. 
          NOW I'M DOING MY PROJECTIONS FOR THIS YEAR. 
          HOW MUCH HAD WE BROUGHT IN, UM, FOR REVENUE? HOW MUCH ARE WE, UH, UH, PLANNING TO SPEND FOR THE REST OF THE YEAR? AND HOW MUCH ARE WE GONNA HAVE LEFT OVER? AND SO WHEN YOU SEE THEIR REVENUE, UH, UM, OVER, UNDER EXPENDITURES, THAT'S, THAT'S YOUR NET INCOME, $3.7 MILLION IN NET INCOME IS WHAT I'M PROJECTING AS OF TODAY, THAT WE'RE GONNA END UP THIS YEAR, $3.7 MILLION IN INCOME. 
          THAT'S MORE THAN WE, WE HAD IN THE PAST. 
          NOW, WHAT IS OUR ENDING FUND BALANCE? $7 MILLION. 
          OKAY? THIS IS WHAT PRUDENT AND EFFICIENT BUDGETING DOES. 
          THIS IS WHAT EXPERIENCE AND SOMEONE WITH A SKILLSET OF BEEN DOING THIS 25 YEARS WILL DO FOR THE CITY. 
          YOU WILL HAVE $7 MILLION IN THE BANK, MORE THAN 90 DAYS IN THERE. 
          IT'S FANTASTIC. 
          AND SO NOW WE START THE NEW YEAR WITH THAT 7 MILLION. 
          OKAY? SO LET'S GO TO THIS, UH, SLIDE WHERE I HAVE A, A, A LITTLE EXPLANATION OF WHAT IS FUND BALANCE. 
          BASICALLY, YOU JUST TAKE YOUR REVENUES AND THEN MINUS YOUR EXPENDITURES, AND THAT'S YOUR FUND BALANCE. 
          UM, AND THEN YOU TAKE, UH, YOUR EXPENDITURES, AND IF YOU WANNA SAY, WELL, HOW MUCH MONEY DO WE HAVE TO OPERATE? LIKE FOR 90 DAYS, ALL YOU DO IS TAKE, LIKE, IF IT'S A MILLION DOLLARS, YOU DIVIDE THAT BY 365 DAYS, AND THEN YOU MULTIPLY THAT TIMES 90, AND THERE YOU GO. 
          THAT'S HOW MUCH YOU'RE SUPPOSED TO HAVE, OKAY? AND SO, LIKE I SAID, HAVING WEEKLY MEETINGS WITH THE OTHER FINANCE STAFF MEMBER HAS HELPED US, UM, KEEP THE BUDGET UNDER, YOU KNOW, A, A TIGHT BUDGET. 
          WE HAVE DEVELOPED PROCEDURES WHERE, UH, FOR PURCHASING PROCEDURES AND, UM, THE, THE FINANCIAL SOFTWARE WILL BE INSTALLED IN OCTOBER. 
          BY THE WAY, WE WON'T HAVE QUICKBOOKS ANYMORE. 
          AND, UM, THIS WAY, EVERY SINGLE DEPARTMENT HEAD WILL HAVE THEIR OWN DASHBOARD WITH THEIR BUDGET LOADED ON THERE, AND THEY'LL BE ABLE TO KEEP TABS. 
          SO HOW MUCH MONEY DO I HAVE FOR OFFICE SUPPLIES? YOU KNOW, HOW MUCH MONEY DO I HAVE FOR TRAINING IN THE PAST? THEY'RE JUST GUESSING. 
          LIKE, WE DON'T KNOW HOW MUCH MONEY WE HAVE. 
          AND SO THIS IS WHY IT'S IMPORTANT TO HAVE ALL OF THESE SYSTEMS IN PLACE SO THAT YOU WON'T VEER OFF IN THE FUTURE. 
          , WHEN I'M GONE, , OKAY? EVERYTHING WILL BE 
          [00:20:01]
PUT INTO PLACE SO THAT ALL THE POLICIES AND PROCEDURES ARE THERE. 
          UM, AND SO HERE'S THE FUND BALANCE CONTINUED. 
          AND AS YOU CAN SEE, I HAD THIS CHART LAST YEAR AS WELL, THIS LITTLE CHART THAT SHOWED YOU WHAT THE FUND BALANCE WAS, AND YOU CAN FIND THIS IN THE AUDITS THAT ARE ONLINE, OKAY? YOU CAN FIND THAT IN THERE. 
          UM, NEGATIVE FOR FISCAL YEAR 23. 
          FISCAL YEAR 24, IT WAS NOT MET FISCAL YEAR 25. 
          YES. 
          FISCAL YEAR 26, YES. 
          FISCAL YEAR 27, YES. 
          LOOK AT THE ESTIMATED FUND BALANCE IS FI FOR FISCAL YEAR 27, 10 $0.4 MILLION. 
          THAT'S WHAT I'M ESTIMATING FOR NEXT YEAR, OKAY? UM, AS OF RIGHT NOW, THAT'S INCLUDING THE, UH, TRANSFERS OUT TO THE TIFF, THE TRANSFERS OUT TO THAT INCENTIVE FOR THAT ONE COMPANY. 
          SO NOW WE ARE COMPLIANT WITH FUND BALANCE RESERVES. 
          AND NOW IN THE FUTURE, WE COULD TALK WITH COUNCIL ABOUT HOW DO YOU WANT TO UTILIZE THAT QUOTE, EXCESS FUND BALANCE. 
          DO YOU WANT TO SET UP A SPECIAL FUND IN OTHER CITIES? I'VE DONE THIS WITH THEM. 
          THEY HAVE A CAPITAL ACQUISITION FUND, AND ANY EXCESS MONEY IS PUT IN THERE. 
          AND IF, LET'S SAY THEY WANNA BUY A POLICE CAR, IT'S RIGHT THERE. 
          WE'VE GOT THE MONEY IN THERE, WE DON'T HAVE TO BOND IT OUT OR WHATEVER, OR I DON'T KNOW, THEY, AND ONE OF 'EM, THE REC CENTER NEEDED, UH, A NEW FLOOR AND THEY TOOK IT OUT OF THAT FUND. 
          OR LIKE, OKAY, SO WHAT IS IT, 600,000 OR WHATEVER? YES, LET'S DO IT FROM THERE. 
          SO COUNCIL CAN HAVE THAT, UH, CONVERSATION IN THE FUTURE. 
          I JUST WANTED TO PUT THAT OUT THERE BECAUSE YOU CAN SET UP A SPECIAL FUND WHERE YOU JUST PUT THAT MONEY ASIDE, UM, FOR MAYBE STREETS OR WHATEVER YOU, YOU WANT TO USE IT FOR, AS LONG AS IT'S NOT WATER AND SEWER. 
          THIS DOES NOT COME . 
          THIS IS FOR THE GENERAL FUND. 
          OKAY? SO NEXT SLIDE HERE IS JUST A LITTLE SYNOPSIS OF YOUR TAX. 
          AND, YOU KNOW, THE SALES TAX TRENDS, I KEEP TRACK OF THIS EVERY MONTH. 
          AND SO WHEN YOU COMPARE FISCAL YEAR 2025, AND YOU SEE ALL THE AMOUNTS THERE, AS OF JULY, I WENT AHEAD AND PLUGGED IN JULY $9.8 MILLION LAST YEAR, $12.7 MILLION THIS YEAR. 
          OKAY? THIS IS, THIS IS A FANTASTIC, YOU KNOW, TREND. 
          29% YEAR OVER YEAR. 
          NOW THIS IS THE TOTAL, AND SOME OF THIS DOES GO TO THE EDC AND THE CDC, SO THEY'RE ALSO ENJOYING THIS, UM, UM, GOOD REVENUE TREND, OKAY? HALF A CENT GOES TO THEM, UH, EACH. 
          SO THE NEXT SLIDE, WE'LL SHOW YOU THE SALES TAX REVENUES LAST FIVE YEARS. 
          YOU CAN SEE THERE FROM 2023 ALL THE WAY TO 2027, WHICH IS ESTIMATED HOW IT HAS BEEN INCREASING. 
          AND HOPEFULLY IF, AND THINGS CONTINUE TO GO THE WAY THEY ARE, THE CITY WILL CONTINUE TO ENJOY THIS UPWARD TREND. 
          OKAY? CERTIFIED PROPERTY VALUES, HISTORICAL FISCAL YEAR 2023. 
          YOU SEE THERE, THAT $1.2 BILLION IN CERTIFIED PROPERTY VALUES. 
          TWO FISCAL YEAR 2027, ALMOST $3.4 BILLION IN ASSESSED PROPERTY VALUES. 
          AND REMEMBER, THIS IS NOT FROM RESIDENTIAL. 
          MOST OF THE CHUNK OF THIS VALUE IS FROM THE WAREHOUSES AND THE BIG, BIG COMMERCIAL ESTABLISHMENTS THAT ARE IN THE CITY, OKAY? 14% INCREASE FROM FISCAL YEAR 26 TO FISCAL YEAR 27. 
          THESE ARE THESE CERTIFIED VALUES THAT WE GOT FROM THE DC AD. 
          AND NEXT ONE IS THE PROPERTY TAX REVENUE. 
          SAME THING LAST FIVE YEARS. 
          AND YOU CAN SEE THAT THIS FISCAL YEAR, UH, 2026, UM, THE CITY HAD TO RAISE THE TAXES BECAUSE THERE WAS A BIG TAX NOTE THAT THEY HAD TO PAY. 
          ACTUALLY, I, WE JUST SENT OUT THE WIRE TODAY,  FOR THAT, UM, FOR THAT BONDED DEBT. 
          IT WAS LIKE A BALLOON PAYMENT. 
          AND WE WENT THROUGH THIS LAST YEAR WHEN WE DISCUSSED IT. 
          UM, THE M AND O RATE WAS HIGHER, UM, LAST YEAR FOR FISCAL YEAR 2027, WHEN I WENT THROUGH ALL OF THE, UM, HISTORICAL TAX RATE FOR THE CITY OF WILMER. 
          IT 
          [00:25:01]
LOOKS LIKE THEY ALWAYS USED TO ADOPT THE HIGHEST VOTER APPROVAL RATE, TAX RATE. 
          UM, AND THAT'S WHAT THEY WENT WITH. 
          THIS IS THE FIRST TIME THAT THE CITY AND I, I'M PROPOSING THAT THE CITY ADOPT THE LOWER TAX RATE, WHICH IS THE NO NEW REVENUE RATE, OKAY? UM, WHICH IS A LOT LOWER, 4 CENTS LOWER THAN THE CURRENT PROPERTY TAX RATE. 
          AND THAT'S WHAT WOULD GIVE THE CITY THE SAME AMOUNT OF REVENUE LIKE WE DID LAST YEAR. 
          AND THEY, AND THE TAX OFFICE HAS ALL KINDS OF NOTICES AND THE STATE COMPTROLLER DOES AS WELL. 
          UM, TO THAT TALKS ABOUT ALL OF THIS. 
          HERE'S A LITTLE, A LITTLE PLOT CHART WHERE YOU CAN SEE HOW THE TAX RATES HAVE CHANGED OVER THE LAST FIVE YEARS DOWN TO THE PROPOSED ONE. 
          UM, THE CITY OF WILMER HAS SOME OF THE LOWEST PROPERTY TAX RATES IN DALLAS COUNTY. 
          SO THAT WAS A, A SYNOPSIS OF, YOU KNOW, JUST A, KIND OF A, UM, A SEGUE INTO THE PROPOSED BUDGET. 
          SO THE PROPOSED BUDGET AS A 3% COST OF LIVING ADJUSTMENT FOR CITY STAFF. 
          THAT'S A BUDGET PRIORITY, A WATER RATE STUDY, AND I'LL GO INTO THAT LATER. 
          RECRUIT RECRUITMENT OF WELL QUALIFIED, TALENTED, AND SKILLED STAFF. 
          YOU WANT TO ATTRACT TALENTED PEOPLE THAT WILL WANT TO STAY HERE. 
          TURNOVER IS HIGH AND IT COSTS A LOT OF MONEY TO TRAIN PEOPLE TO BRING THEM IN AND ALL OF THAT. 
          YOU WANNA HAVE THESE PEOPLE STAY ADOPTING AN OFFICIAL FINANCIAL POLICY. 
          I HAVE BEEN WORKING ON THIS, AND I WILL BE BRINGING IT TO COUNCIL BEFORE THE END OF THIS FISCAL YEAR SO THAT THERE IS A FORMAL FINANCIAL POLICY THAT THE ENTIRE CITY CAN FOLLOW FROM PURCHASING 90 DAYS RESERVE. 
          WHAT DO WE DO? WHO, HOW DO WE HANDLE WIRE TRANSFERS? WHO SIGNS FOR THEM? YOU KNOW, ALL KINDS OF THINGS THAT, UM, ARE, ARE IMPERATIVE FOR A CITY TO HAVE ADOPTING AN UPDATED EMPLOYEE HANDBOOK. 
          AND POLICY MANUAL IS SOMETHING THAT, UH, WE STARTED TO WORK ON, UM, A YEAR AND A HALF AGO. 
          IT JUST KIND OF, KIND OF STALLED. 
          IT NEEDS TO BE UPDATED BECAUSE THERE'S LOTS OF STUFF ON THERE THAT I'M, I'M READING IT AND I'M LIKE, I'M CONFUSED. 
          I'M NOT AN EMPLOYEE, BUT I'M CONFUSED ABOUT THIS. 
          UM, DEVELOP THE DEPLOYMENT OF NEW FINANCIAL SOFTWARE. 
          LIKE I SAID BEFORE, WE'RE ALMOST THERE. 
          I'VE BEEN WORKING ON THIS FOR A YEAR AND A HALF AS WELL. 
          WE'RE STARTING OFF WITH A FINANCIAL SOFTWARE, AND THEN WE CAN ADD OTHER MODULES LIKE THE PAYROLL MODULE, SO WE COULD DO IT IN-HOUSE. 
          AND WE DON'T HAVE TO PAY AN OUTSIDE SOFTWARE VENDOR THAT CHARGES US A LOT OF MONEY TO DO IT. 
          OKAY? WE ALREADY GOT A QUOTE AND EVERYTHING SO THAT IN, IN THE NEXT FEW MONTHS, I COULD BRING IT TO COUNCIL AND, UH, WE CAN LOOK AT IT AND SEE IF IT WOULD BE FEASIBLE TO HAVE THAT MODULE INSTALLED INTO THIS SOFTWARE. 
          ESTABLISHING A FIVE YEAR, 10 YEAR, AND 20 YEAR CAPITAL IMPROVEMENT PLAN THAT PRIORITIZES ROADS, STREETS, BRIDGES, DRAINAGE, WATER AND SEWER INFRASTRUCTURE NEEDS. 
          THIS IS SOMETHING THAT IS EXTREMELY NECESSARY FOR ANY CITY. 
          USUALLY IT IS THE CITY'S ENGINEERING GROUP THAT PUTS THIS TOGETHER FROM INPUT FROM THE CITIZENS. 
          USUALLY A SURVEY GOES OUT ONTO THE WEBSITE, CITIZENS VOTE FOR THE ROADS AND IMPROVEMENTS THAT THEY WANT. 
          THIS GOES TO THE ENGINEERS WHO GO DOWN AND LOOK AT EVERYTHING. 
          AND THEN A BIG SPREADSHEET IS SENT TO US THAT SHOWS ALL THOSE ROADS IN ORDER OF PRIORITY, HOW MUCH DOES IT COST FOR STREET REPAIR, DRAINAGE, WATER, SEWER. 
          AND NOW COUNCIL HAS THIS PLAN. 
          AND THEN YOU CAN SAY, OKAY, SO NEXT YEAR, LET'S DO THESE FIRST THREE STREETS AND THE WATER AND SEWER, UH, INFRASTRUCTURE UNDERNEATH THE FOLLOWING YEAR. 
          WE DO THE THREE OTHER STREETS AND SO ON. 
          AND SO YOU PUT A FINANCIAL PLAN TOGETHER. 
          HOW ARE WE GONNA PAY FOR THIS? HOW MUCH CAN WE BORROW TO PAY FOR ALL OF THIS? AND THAT WAY WE HAVE A PLAN. 
          'CAUSE HOW, HOW ARE YOU GOING TO GET THERE IF YOU DON'T KNOW? YOU DON'T HAVE A MAP OF HOW YOU'RE GOING TO GET TO ALL OF THESE STREETS THAT NEED, UM, A LOT OF REPAIR. 
          AND LIKE I SAID, I'VE WORKED WITH MANY, MANY CITIES. 
          THEY HAVE THE SAME TYPE OF PROBLEM. 
          LOTS OF STREET REPAIRS THAT NEED TO BE, UH, DONE, WATER AND INFRASTRUCTURE. 
          THAT'S VERY OLD AND IT'S VERY EXPENSIVE NOW TO FIX IT BECAUSE IT WAS NOT, YOU KNOW, THEY JUST KIND OF KICKED THE CAN DOWN THE STREET, LIKE, OH, WELL, LET'S SOMEBODY ELSE DEAL WITH IT. 
          AND SO, UM, THAT'S SOMETHING THAT 
          [00:30:02]
I THINK ANTOINE LONG IS, UM, WORKING ON ALSO. 
          UM, AND HE'LL BE HERE LATER TO ANSWER QUESTIONS. 
          SO, THE FISCAL YEAR 2027 PROPOSED BUDGET DOES NOT INCLUDE SALARY INCREASES. 
          THERE ARE, THERE'S NO NEW EQUIPMENT IN THERE. 
          IT DOES NOT INCLUDE ANY NEWER REPLACEMENT VEHICLE PURCHASES. 
          IT DOES NOT INCLUDE A TAX INCREASE. 
          AND IT DOES NOT INCLUDE ANY NEW PERSONNEL REQUESTS. 
          THIS IS WHY WHEN I PUT IT ON THE WEBSITE, YOU'LL SEE COLUMN A AND COLUMN B, AND THERE ARE NO SALARY INCREASES. 
          EVERYTHING IS THE SAME. 
          IT DOES INCLUDE A 16% MEDICAL COST INCREASE FOR MEDICAL BENEFITS ONLY. 
          AND I ALMOST PASSED OUT WHEN THEY  WHEN OUR MEDICAL BENEFITS, UM, CONSULTANT AND HE'LL BE HERE NEXT TIME. 
          UM, TO HAVE IT APPROVED SHOWED US HOW MUCH IT WAS GOING TO INCREASE FOR THE MEDICAL PLAN. 
          IT WAS LIKE 40%. 
          AND I SAID, YOU'VE GOT TO BE KIDDING ME. 
          THIS, THIS CAN'T, WE CAN'T DO THIS. 
          I MEAN, IT IS EXTREMELY EXPENSIVE. 
          AND HE WENT OUT AND ASKED OTHER CARRIERS TO BID SOME DECLINED. 
          MAYBE THEY WERE TOO BUSY OR THEY JUST ARE NOT INTERESTED IN WILMER. 
          AND SOME OF THEM DID COME BACK. 
          I THINK A COUPLE OF THEM CAME BACK AND THE PLANS WERE NOT REALLY GOOD AND THERE WEREN'T MANY SAVINGS. 
          SO HE WENT BACK AND FRANK AND I, AND, UH, HIS NAME IS DEAN, SAT DOWN AND PICKED A PLAN THAT WOULD BE 16%, YOU KNOW, HIGHER THAN WHAT THE CITY PAYS NOW. 
          UM, BUT IT WILL STILL COVER, UM, THE EMPLOYEES, YOU KNOW, AND THEIR FAMILIES AND EVERYTHING. 
          NOW THE, THE GOOD NEWS IS THAT THE OTHER PRODUCTS SUCH AS DENTAL, LIFE VISION AND ALL OF THAT STAYED THE SAME. 
          UM, SO THOSE, YOU KNOW, WE DON'T HAVE TO WORRY ABOUT. 
          AND SO WHAT, WHAT ELSE DOES THE PROPOSED BUDGET INCLUDE? IT INCLUDES A 4 CENT DECREASE IN PROPERTY TAX RATE, AND IT INCLUDES THE TIFF PORTION OF PROPERTY TAXES THAT ARE TO BE TRANSFERRED ANNUALLY. 
          THE PROPOSED BUDGET FOR THE GENERAL FUND. 
          TRY TO MAKE IT AS SIMPLE AS POSSIBLE. 
          YOU WILL SEE THERE THAT THERE IS A 2% INCREASE IN PROPERTY TAX REVENUE. 
          'CAUSE THE PROPERTY TAX RATE THAT WE ARE, UH, PROPOSING IS LOWER. 
          HOWEVER, IT'LL STILL COVER EVERYTHING THAT I'VE TALKED ABOUT AND WE'LL TALK ABOUT HERE IN A FEW MINUTES. 
          SO THE, UM, TOTAL INCREASE THERE IS, UM, EIGHT POINT 26% REVENUE INCREASE OVER FISCAL YEAR 26. 
          SO WE GO INTO THE GENERAL FUND AND WE START LOOKING AT THE EXPENDITURES. 
          THE, THE STAFF WAS INSTRUCTED TO REMOVE ANY KIND OF FLUFF. 
          AND I WENT THROUGH ALSO AFTER THEY TURNED IN THEIR DEPARTMENT NEEDS AND REMOVED ANYTHING THAT I THOUGHT WAS FLUFF. 
          WHAT IS FLUFF? IT'S NUMBERS THAT ARE PUT IN THERE JUST IN CASE THEY NEED IT FOR SOMETHING. 
          AND THROUGH HISTORICAL, UM, NUMBERS, I GO BACK SEVERAL YEARS AND I SEE THAT LINE ITEM. 
          I'M LIKE, EVERY YEAR THEY PUT IN 30,000 AND THEY ONLY SPEND $500 EVERY YEAR THEY DO THIS. 
          AND SO WHAT, WHAT'S GOING ON? WHY, WHY DO WE NEED THIS? SO I TOOK THAT OUT. 
          YOU GET $500 BECAUSE THAT'S HOW MUCH YOU'RE SPENDING, UNLESS YOU PROVE TO ME THAT YOU'RE GONNA BUY SOMETHING THAT'S $30,000. 
          SO THAT'S WHAT I CALL FLUFF. 
          UM, ANYTHING THAT YOU NEED TO OPERATE YOUR DEPARTMENT, YOU, YOU NEED TO PUT IN THERE. 
          SO THEY PUT THAT IN THERE, AND AS YOU CAN SEE, JUST FROM THE GENERAL GOVERNMENT, THERE'S A 17% DECREASE IN THEIR BUDGET. 
          WHEN YOU ADD ALL THAT UP, 17% DECREASE, THAT'S INCLUDING THE MEDICAL COST INCREASE. 
          OKAY? SO THAT'S A BIG FEAT RIGHT THERE THAT THEY CUT DOWN SO MUCH THAT EVEN WHEN I PLUGGED IN THAT 16%, IT STILL WENT DOWN. 
          OKAY? PUBLIC SAFETY IS ONE OF THE BIGGEST, UH, EXPENSES FOR EVERY CITY. 
          THAT ONE WENT UP 9%. 
          IT'S, YOU KNOW, IT COST MONEY TO, TO HAVE THE POLICE AND, UH, FIRE, AMBULANCE, PERSONNEL, THE DISPATCH, ALL OF THAT. 
          IT COST MONEY. 
          LOTS OF TRAINING GOES INTO ALL THESE FOLKS. 
          [00:35:01]
NEXT IS COMMUNITY SERVICES, SENIOR CENTER, LIBRARY AND PARKS. 
          UM, IT'S A 7% DECREASE. 
          AND I'VE GOTTA GIVE A BIG SHOUT OUT TO THE LIBRARY. 
          I THINK THE LIBRARY HERE FROM, I DON'T KNOW IF SHE'S HERE, UM, BUT IT, SHE DOES A FANTASTIC JOB, BY THE WAY. 
          SHE'S GOTTEN LIKE TWO OR THREE GRANTS ALREADY FROM HEB AND SOME OTHER PLACES THAT, UM, REALLY HELP THE LIBRARY AND ALL THE KIDS. 
          AND I LOVE LOOKING AT THE FACEBOOK PAGE WITH ALL THE DIFFERENT THINGS THAT ARE GOING ON IN THIS LITTLE LIBRARY. 
          I'M A BIG FAN OF LIBRARY, SO SHE DOES A FANTASTIC JOB. 
          UM, NEXT COMMUNITY DEVELOPMENT, PUBLIC WORKS, ANOTHER BIG SPENDER. 
          YOU KNOW, YOU NEED PUBLIC WORKS. 
          YOU NEED TO HAVE, UM, THE STREET DEPARTMENT, UH, COMMUNITY SERVICE. 
          UH, THERE'S YOUR 143% THAT I TOLD YOU ABOUT, WHICH IS THE COMMERCIAL PERMITS AND STUFF. 
          OKAY? UM, ENGINEERING SERVICES, WE LEFT IT AT THE SAME, AND SO IT'S A 42% INCREASE. 
          AND THEN NON-DEPARTMENTAL WENT DOWN 17% BECAUSE I REALLOCATED SOME, UM, ITEMS THAT I DON'T KNOW WHERE THEY CAME UP WITH THOSE NUMBERS, BUT I REALLOCATED THEM. 
          THERE'S ALSO SOME SAVINGS WITH, UH, TML, THE GENERAL LIABILITY INSURANCE, UH, FOR THE CITY. 
          UM, SOME OF IT WENT DOWN AND SOME OF IT WENT UP, YOU KNOW, BECAUSE OF THE NEW BUILDINGS, BUT THERE WERE SOME SAVINGS THERE AS WELL. 
          AND THERE'S YOUR FUND BALANCE, $10.39 MILLION FOR FISCAL YEAR 27. 
          THAT'S NOT INCLUDING SALARY INCREASES OR ANYTHING. 
          THAT'S WHAT YOU HAVE TO WORK WITH. 
          SO THE 3% COST OF LIVING ALLOWANCE IS VERY LOW, FIRST OF ALL. 
          BUT I PUT THAT IN THERE ANYWAYS AS, UM, AT THE BOTTOM OF THE SHEET OF HOW MUCH WOULD IT COST. 
          THE SUMMARY SHEETS INCLUDE THE TOTAL COST FOR PROVIDING EMPLOYEES WITH A 3% COLON FOR GENERAL FUND STAFF, INCLUDING ALL YOUR POLICE, EVERYBODY FOR, YOU KNOW, PUBLIC SAFETY, ADDITIONAL FUNDING OF ABOUT $200,000. 
          ALL IN THAT INCLUDES YOUR RETIREMENT, YOUR PAYROLL TAXES, THE 3%, THAT'S FRANKLY NOTHING, 200,000 EASILY AFFORDABLE. 
          BUT I WANTED TO PUT THAT SEPARATE FOR THE WATER AND SEWER FUND. 
          AN ADDITIONAL LIKE $19,000 WILL ALLOW THESE WATER AND SEWER EMPLOYEES TO RECEIVE THEIR 3%. 
          AND THEN I PUT A LITTLE REFERENCE THERE OF HOW MUCH PER PAYCHECK SOME FOLKS WOULD RECEIVE, UM, IF THEY WOULD GET A 3% RAISE. 
          NEXT, THE TAX RATE INFORMATION. 
          THIS IS A REQUIRED STATEMENT, UH, TAXPAYER IMPACT STATEMENT. 
          UM, PROPOSED TAX RATE IS A NO NEW REVENUE TAX RATE IS CALCULATED BY THE DALLAS COUNTY TAX OFFICE, AND IS 4 CENTS LOWER THAN THE CURRENT RATE I'M SUPPOSED TO READ THAT. 
          NEXT IS THE WATER AND SEWER FUND. 
          THIS ONE IS NOT THAT FUN. 
          WATER AND SEWER FUND, YOU'LL SEE THE WATER SALES THERE AND THE TRENDS. 
          WE HAVE A A FEW PEOPLE COMING IN. 
          SOME OF THESE NEW DEVELOPMENTS, YOU KNOW, USING WATER, YOU'LL SEE THE WATER AND SEWER FUND TRANSFER SEWER AS WELL. 
          IN THE NEXT SLIDE, WHAT I WANT TO, WHAT I WANT TO GET TO IS THE WATER AND SEWER FUND REVENUES. 
          SO I'M PREDICTING ABOUT MAYBE A 3% INCREASE FOR NEXT YEAR, UH, IN WATER REVENUE. 
          AND THEN THE SILVER REVENUE, ABOUT 10, 10% OR SO. 
          UM, THERE'S NOT MUCH THAT REALLY COMES INTO THE WATER AND SEWER FUND. 
          THERE'S A GRANT THAT, UH, WAS AWARDED AND IT'S FOR I THINK THE THIRD STREET WATERLINE. 
          I THINK THERE'S A ANOTHER SECTION THAT THEY'RE GOING TO BE WORKING ON THAT COMES FROM CDBG. 
          AND IT'S $349,000 INTEREST INCOME. 
          YOU'LL HEAR LATER ON FROM, UM, THE BANKING CONSULTANT. 
          UM, AND THE NEW BANK DEPOSITORY CONTRACT THAT WE'RE PROPOSING. 
          UM, WE, THE CITY WILL BE RECEIVING A LOT MORE INTEREST REVENUE AS COMPARED TO THIS YEAR. 
          THAT'S WHY YOU SEE THERE, UM, THAT HUGE, UH, INCREASE OF 555%. 
          SO, UM, THE TOTAL INCOME THAT I AM PROPOSING FOR NEXT YEAR IS A 10% INCREASE OVER THIS YEAR FOR THE WATER AND SEWER FUND EXPENSES. 
          UH, THERE IS A 19% INCREASE IN, UM, EXPENSES. 
          AND THAT IS MOSTLY DUE TO, UH, YOU SEE SOME, UH, THE WATER IMPROVEMENT LINE. 
          THAT ONE IS REIMBURSED BY A GRANT. 
          THE WILMER OUTSOURCE DESIGN ALSO 
          [00:40:01]
REIMBURSED BY A GRANT. 
          WHAT YOU DON'T SEE IS UNDER UTILITIES ARE THE COSTS TO PURCHASE WATER FROM LANCASTER AND TO TREAT THE, THE SEWER FROM THE CITY OF DALLAS FOR YEARS. 
          NOW, SINCE 2017, THE CITY HAS NOT HAD A WATER RATE INCREASE ALL THOSE YEARS. 
          THE CITY HAS BEEN ABSORBING THE INCREASE IN COSTS TO GET THAT WATER OUT TO EVERYONE AND TO TREAT THAT SEWAGE. 
          SEWAGE. 
          SO IT'S NOT GOOD BUSINESS. 
          THE WATER AND SEWER FUND IS OPERATING LIKE A BUSINESS AND IN ABOUT A YEAR IT WON'T BE DOING VERY WELL. 
          SO I PUT ON THERE, YOU KNOW, TRANSFERS IN AND OUT. 
          THOSE ARE THE GRANTS. 
          UM, CASH AND INVESTMENTS, THOSE ARE JUST ESTIMATES RIGHT NOW, NINE DAYS RESERVE AMOUNT AND 882,000 IN, UM, IN SOME EXCESS RESERVES AS WELL. 
          UM, WHICH IS A GOOD THING. 
          BUT YOU KNOW, THE CURRENT WATER RATES NO LONGER, UH, CAN SUSTAIN THE WATER FUND. 
          AND THE WATER FUND WILL BECOME INSOLVENT WITHIN THE NEXT YEAR. 
          I THINK THAT THE CITY AUDITOR HAS HAD CONVERSATIONS WITH COUNCIL IN THE PAST ABOUT THAT, THAT THEY'RE VERY WORRIED ABOUT THIS WATER FUND. 
          UH, LIKE I SAID, THE, THE CITY PURCHASES, THE, THE WATER FROM CITY OF LANCASTER ABSORBING ANY RATE INCREASES EVERY YEAR. 
          SAME APPLIES TO CITY OF DALLAS AND THEIR SEWER TREATMENT. 
          THEIR COSTS ARE GOING UP AND THEY PASS IT ON TO ALL THE CITIES THAT THEY HAVE A CONTRACT WITH. 
          EVERY YEAR THEY SEND US A LETTER, I GET THE LETTER AND I PLUG IN HOW MUCH MORE, UH, WE'RE GOING TO HAVE TO BE PAYING THEM. 
          IN ADDITION TO THAT, THE WATER AND SEWER FUND HAS DEBT THAT HAS TO BE PAID EVERY YEAR TO DALLAS COUNTY FOR SOME TREATMENT THING THAT THEY HAD YEARS AGO. 
          UM, AND SO WE HAVE TO PAY THAT. 
          AND THE TRA ALSO, THERE'S ANOTHER ONE'S CALLED TRA THAT THE WATER FUND HAS TO PAY. 
          SO, UM, THOSE ARE THE TWO MAJOR FUNDS FOR THE CITY, AND I JUST WANTED TO TOUCH ON THAT. 
          NOW WE'RE GONNA GO TO THE DEBT SERVICE FUND. 
          THE DEBT SERVICE FUND IS WHERE WHEN YOU PAY YOUR TAXES, IT'S SPLIT INTO TWO DIFFERENT POTS. 
          MAINTENANCE, MAINTENANCE AND OPERATIONS, WHICH IS YOUR GENERAL FUND. 
          AND THE DEBT SERVICE FUND, THAT PARTICULAR SMALL AMOUNT, WHICH ADDS UP, UM, LET ME PULL IT UP HERE TO THE PROPOSED BUDGET IS ABOUT $5.6 MILLION. 
          A LITTLE BIT HIGHER THAN, UM, THEN FISCAL YEAR 26, ABOUT 24% HIGHER. 
          AND WHY IS THAT? BECAUSE THE CERTIFIED VALUES ARE HIGHER. 
          AND SO THE CITY KEEPS THAT. 
          IT IS A RESTRICTED FUND, KEEPS THAT IN A SEPARATE BANK ACCOUNT. 
          WHEN WE GET THE BILL FROM THE BOND HOLDERS, I REVIEW THE, THE BILL, MAKE SURE IT MATCHES EVERYTHING THAT WE HAVE  FROM, UM, THE BANK. 
          AND THEY'RE SAYING THE BOND HOLDERS WANT THEIR MONEY. 
          AND WE JUST DID THAT. 
          WE JUST SENT OUT ABOUT $3 MILLION IN, UM, DEBT SERVICE PAYMENTS. 
          SO WE TAKE IT FROM THERE, WE TAKE THE MONEY FROM THAT DEBT SERVICE FUND, AND OUT IT GOES, WE'RE PAID CREDIT. 
          LOOKS GOOD. 
          OKAY? WE ALWAYS PAY ON TIME. 
          UM, SO YOU'LL SEE THAT THERE 24%. 
          AND IN ON THE BOTTOM, WE JUST BREAK DOWN ALL THE DEBT, LIKE HOW MUCH ARE WE GONNA BE PAYING, UM, EV YOU KNOW, FOR NEXT YEAR. 
          AND, UM, YOU'LL SEE AT THE BOTTOM THERE, I ADDED THE PRINCIPLE AND INTEREST FOR THE 2026 CO BONDS AND THE GEO REFUNDING WERE ACTUALLY SAVING MONEY WITH THAT GEO REFUNDING BONDS. 
          I THINK IT WAS LIKE $900,000 A YEAR. 
          AND THAT'S, YOU KNOW, WHY, UH, THE FINANCIAL ADVISOR CAME AND, AND WANTED THAT VOTE TO, UM, UM, DO THE REFUNDING. 
          THEY CALL IT REFUNDING, BUT IN OUR WORLD IT'S REFINANCING. 
          THEY JUST REFINANCED THAT LOAN FOR A LOWER RATE. 
          SO THAT'S, UM, THE, THE DEBT SERVICE FUND LOOKS GOOD. 
          UH, ENDING FUND BALANCE FOR FISCAL 27, ABOUT $2.4 MILLION, WHICH IS PRETTY HEALTHY. 
          UM, AND WE'LL GO NEXT TO, UM, I MADE A LITTLE SLIDE HERE WITH THE DEBT SERVICE PAYMENTS SO THAT EVERYBODY WILL KNOW HOW MUCH ARE WE PAYING DURING FISCAL YEAR 27, WHAT DID WE PAY LAST YEAR? AND THEN I'M GOING, I'M GOING TO BE, UH, UPLOADING SOME, UH, SOME MORE DEBT SERVICE SCHEDULES THAT HAVE LIKE ALL OF THE, THE, THE, UH, AMORTIZATION SCHEDULES SO THAT, UH, THE PUBLIC CAN SEE LIKE, WHEN DO WE FINISH PAYING THIS OFF? , YOU KNOW, KIND OF LIKE WITH YOUR MORTGAGE, YOU WANNA KNOW WHEN'S THE LAST DATE THAT WE PAY AND HOW MUCH IS IT? SO I'M PUTTING TOGETHER SOME NICE SHEETS FOR THAT AND THAT WAY WE'LL HAVE IT. 
          UM, 
          [00:45:01]
AND, AND IF YOU GO TO THE MAIN WEBSITE FOR THE CITY OF WILMER, I ADDED A BUTTON CALLED TRANSPARENCY, AND YOU CLICK ON THAT, IT'LL TAKE YOU TO THAT PAGE, OKAY? SO YOU CAN LOOK AT ALL OF THAT. 
          SO THAT'S THE DEBT SERVICE. 
          NEXT, THIS IS THE WILMER CDC FUND. 
          I HAD, UM, A COUPLE OF BOARD MEETINGS WITH THESE FOLKS AND EDC, THEY'RE DOING VERY WELL. 
           WITH, UH, THEIR, UH, SALES TAX REVENUE AND WHAT THEY'RE PROPOSING. 
          AND YOU SEE THERE AT THE TOP WHERE IT SAYS TRANSFER IN FROM FUND BALANCE, IT'S REALLY NOT REVENUE, IT'S MONEY THAT THEY HAVE IN THEIR BANK ACCOUNT. 
          AND THEY'RE PROPOSING $6 MILLION OR UP TO $6 MILLION THAT THEY CAN OFFER TO HAVE AS INCENTIVES TO BUSINESSES. 
          SOMEONE WANTS TO OPEN UP. 
          LIKE LET'S SAY THAT, UH, WE HAD THAT CAKE SHOP THAT OPENED UP. 
          EDC GAVE THEM SOME MONEY TO HELP THEM OUT. 
          UM, SO THE CDC IS PROPOSING THAT LET'S HELP OUT AND BRING OUT SOME BUSINESSES OVER HERE. 
          AND, UM, THEY PROPOSED, LET'S, CAN WE DO 6 MILLION? CAN WE JUST HAVE THAT SET ASIDE? AND THAT'S WHY YOU'LL SEE IT THERE AS A TRANSFER IN FROM FUND BALANCE. 
          IT'S NOT REVENUE, BUT WE HAVE TO SHOW A BALANCE BUDGET. 
          AND THEN ON THE BOTTOM WHERE IT SAYS OTHER EXPENSES AND INCENTIVES, YOU SEE THE 7.4 MILLION WHERE THE 6 MILLION IS IN THERE ALREADY, SO THAT IT'S AN IN AND OUT. 
          OKAY? IF THE CDC AND COUNCIL DECIDES, OR NOBODY COMES FORWARD TO SAY, WE WANT SOME INCENTIVES, YOU KNOW, TO OPEN UP SOME SHOP HERE, THEN THE 6 MILLION DOESN'T GET SPENT, IT JUST STAYS THERE. 
          THEY JUST WANTED TO MAKE SURE THAT THAT WAS SET ASIDE. 
          OKAY? THEY DON'T HAVE A LOT OF, UM, DIFFERENCES OR ANYTHING IN THEIR, UM, THEY, THEY PUT IN A LITTLE BIT OF EXTRA MONEY THERE FOR PERSONNEL, WHICH IS IF THEY DO DECIDE TO HIRE, UM, AN EDC DIRECTOR, THEY WANNA PAY 'EM A LITTLE BIT MORE TO ATTRACT BETTER CANDIDATES. 
          UM, AGAIN, IT'S ALL, YOU KNOW, UP IN THE AIR IF THERE'S ANYBODY THAT WANTS TO TAKE THE JOB . 
          UM, AND, AND THEN THERE'S SOME OTHER, UM, LIKE A PART-TIME PERSON MAYBE THAT COULD HELP, UM, AS WELL. 
          AND THAT'S ALL IN THE DETAILS, BUT THEY WERE ALL VERY, UM, OPEN TO ALL OF THIS. 
          IF THE 6 MILLION WERE GIVEN OUT NEXT YEAR, THEN THEY WOULD HAVE $5.8 MILLION IN THEIR FUND BALANCE, WHICH IS STILL A LOT OF MONEY FOR THEM, OKAY? AND THE CDC CAN, UM, FUND PARKS AND HIKING AND BIKING TRAILS AND ALL KINDS OF DIFFERENT THINGS FOR THE CITY AND THE COMMUNITY. 
          THE CDC ALSO PAYS FOR ALL THE SPECIAL EVENTS. 
          HOWEVER, THERE'S A LOT OF DONATIONS COMING IN. 
          OKAY? SO, UM, FOR THE 4TH OF JULY, THEY HAVE A LOT OF COMPANIES AND, UM, I KNOW THAT SOME STAFF WERE ALREADY TALKING AND THEY'RE REALLY GOOD AT THIS, TALKING TO SOME CORPORATE SPONSORS SO THAT THEY COULD HAVE LIKE BANNERS AND THINGS LIKE THAT AT THE EVENTS. 
          AND I SEE THIS WHERE I LIVE IN SALINA, THEY DON'T PAY FOR ANY SPECIAL EVENTS. 
          ALL THE CORPORATE SPONSORSHIPS ARE THERE. 
          THEY ALL COME IN AND SAY, WE'LL GIVE YOU 300,000 IF YOU PUT A BIG BANNER THAT HAS OUR NAME ON IT,  RIGHT AT THE ENTRANCE TO THE FESTIVAL. 
          OKAY? YOU KNOW, THAT'S FINE. 
          AND SO THIS COST THE CITIZENS NOTHING. 
          NOW WHAT DOES THIS MEAN FOR THE CITY? AND I, I'M TELLING YOU BECAUSE SPECIAL EVENTS IS A BIG DEAL WHERE I LIVE, AND IT WAS A BIG DEAL WHEN I, UH, WHEN IT WAS A SMALL TOWN, IT GETS YOUR NAME OUT THERE. 
          LOOK AT WILMER, THEY HAVE A DRONE SHOW. 
          WOW. 
          I'M TELLING YOU, I USED TO LIVE IN NORTH RICH HILLS. 
          IT CAME OUT ON NATIONAL TV THAT NORTH RICH HILLS HAD THIS FANTASTIC DRONE SHOW FOR 4TH OF JULY. 
          AND WILMER ALSO, IT MADE IT UP THERE TO WHERE I LIVE. 
          HEY, LOOK AT THAT. 
          WILMER'S HAVING A DRONE SHOW TOO. 
          THAT'S FANTASTIC. 
          YOUR LITTLE TOWN IS GETTING TRACTION. 
          WHERE IS THIS? WILMER . 
          YOU KNOW, THEY'RE, THEY'LL START ASKING QUESTIONS LIKE, MAYBE WE SHOULD LIVE THERE. 
          YOU WANT PEOPLE TO COME HERE AND SAY, YOU KNOW WHAT? MAYBE I WANNA LIVE IN THAT LITTLE TOWN. 
          SO THAT'S THE CDC. 
          NEXT IS THE ECONOMIC DEVELOPMENT CORPORATION. 
          SAME THING WE JUST MET ON TUESDAY. 
          THEY ALSO SAID, LOOK, WE WANNA PUT ASIDE $4 MILLION, SAME TYPE OF DEAL FROM THE FUND BALANCE. 
          WE WANNA GIVE SOME ECONOMIC DEVELOPMENT INCENTIVES TO SOME BUSINESSES. 
          UM, AND OF COURSE IT'LL ALL BE APPROVED BY THEIR BOARD AND COUNCIL. 
          UM, AND 
          [00:50:01]
IF IT, IF NOBODY COMES FORWARD, THEN NOTHING GETS BENT, IT GOES RIGHT BACK INTO THEIR FUND BALANCE. 
          UM, SO I THINK THAT WAS A GOOD IDEA TO HAVE THAT. 
          UM, OTHER THAN THAT, THEY DON'T HAVE MUCH OF A, OF A CHANGE, EITHER THAT 160% THAT YOU SEE INCREASES. 
          IT'S JUST THAT WHAT I JUST TALKED ABOUT, THE FUN BALANCE, YOU KNOW, WE HAVE TO HAVE IT COMING IN AND GOING OUT. 
          AND, UM, EDC ALSO HAS, UM, THEY'RE GONNA GO TO SOME MORE MEETINGS AND CONFERENCES, SOME MORE TRADE SHOWS. 
          UM, NO CAPITAL PROJECTS. 
          THEY HAVE THE ILA STAR TRANSIT. 
          THEY PAY HALF OF IT. 
          AND THE CDC PAYS FOR THE OTHER HALF. 
          I BELIEVE IT'S SOME TYPE OF BUS SERVICE THAT WILMER HAS FOR THE COMMUNITY, WHICH I THINK THAT'S PRETTY NEAT. 
          UM, SO THAT'S THE EDC NEXT ARE VERY TINY FUNDS. 
          UH, BUT WE STILL DO SOME APPROPRIATION FOR THEM. 
          THE COURT SPECIAL REVENUE FUNDS, THESE ARE RESTRICTED FUNDS. 
          THE THE REVENUE COMES FROM TICKETS AND THEY CAN ONLY BE USED FOR CERTAIN THINGS. 
          YOU KNOW, THERE'S A COURT TECHNOLOGY FUND AND THEY PAY FOR THEIR SOFTWARE AND THE TICKET WRITERS AND STUFF LIKE THAT. 
          THEY HAVE THE BUILDING SECURITY FUND, WHICH THEY CAN PURCHASE, YOU KNOW, SECURITY FOR THEIR BUILDING. 
          UM, I THINK, WHEN WAS IT LAST YEAR, THE LEGISLATURE DID PASS A NEW LAW THAT STATES THAT, UH, FOR CERTAIN CITIES THAT ARE SMALLER, LIKE WILMER, THEY WANTED TO DO AWAY WITH THE TWO FUNDS AND CREATE A NEW ONE CALLED THE CONSOLIDATED COURT FUND. 
          AND SO WE WENT AHEAD AND DID THAT. 
          UM, THEY CHANGED ALL THEIR SOFTWARE AND ALL THAT. 
          SO NOW ALL THE REVENUE IS GOING TO THE CONSOLIDATED COURT FUND. 
          SO YOU WON'T SEE ANY REVENUE IN THESE TWO LITTLE FUNDS ANYMORE BECAUSE IT'S ALL GOING TO THE OTHER ONE. 
          SO THEY'RE GONNA SPEND WHATEVER THEY CAN OUT OF THIS ONE UNTIL IT'S NO LONGER THERE. 
          AND THEN THEY CAN START TAPPING INTO THE OTHER ONE AND YOU'LL SEE IT KIND OF AT THE BOTTOM. 
          UM, WELL, NO, THIS IS THE POLICE SEIZURE FUND. 
          I'M SORRY, POLICE SEIZURE FUND, SAME THING. 
          THERE'S NO APPROPRIATION FOR THAT. 
          IT'S SEIZURE STUFF,  FROM THE POLICE, AND IF THEY GET SOMETHING, THEY GET SOMETHING AND WE PUT IT IN THERE. 
          THERE'S ALL KINDS OF PROCEDURES YOU HAVE TO GO THROUGH. 
          YOU CAN'T SUSPEND IT. 
          IT'S ALSO RESTRICTED. 
          UM, SO TAX INCREMENT FINANCING FUND, THERE'S YOUR TIFF RIGHT THERE. 
          CITY HAS THREE TIFFS. 
          NOW, I TALKED ABOUT THIS BEFORE. 
          WE HAD 500,000 THIS YEAR. 
          I PUT IN $2 MILLION, UH, FOR NEXT YEAR BECAUSE WE'RE NOT GONNA BE BEHIND LIKE THIS YEAR AND INTEREST EARNED RIGHT NOW BECAUSE THEY NEVER TRANSFERRED ANY MONEY INTO A BANK ACCOUNT FOR THE TIF, THEN THEY NEVER EARNED INTEREST. 
          IT'S SUPPOSED TO BE EARNING INTEREST, SO IT'LL HA IT HAS ITS OWN BANK, BANK ACCOUNT. 
          PAYMENTS TO DEVELOPERS, WE'RE THINKING ABOUT $2 MILLION JUST BASED ON WHAT WE RECEIVED THIS YEAR. 
          CAPITAL PROJECTS FUND, THERE'S NOTHING THERE. 
          UH, CAPITAL PROJECTS FUND USUALLY HAS A TON OF CIP PROJECTS IN THERE. 
          THAT'S WHAT I'M USED TO. 
          BUT THE TWO PROJECTS THAT WE HAVE CURRENTLY, UH, ARE WINDING DOWN HOPEFULLY SOON. 
          AND, UM, WE ANTICIPATE EVERYTHING THAT HAS TO BE PAID. 
          ALL THE CONTRACTS AND ALL THAT, UM, ARE GETTING PAID OUT OF THOSE BONDS, THAT ADDITIONAL BONDS THAT WERE ISSUED. 
          AND, UM, I'M THINKING WE'LL HAVE MAYBE 700,000 ISH LEFT BECAUSE THERE WERE SOME SAVINGS TO SOMETHING. 
          I, I CAN'T REMEMBER WHAT IT WAS. 
          I TALKED TO THE, UM, CONSULTANT, THE PROJECT MANAGER, AND THEY SAID THEY HAD SOME SAVINGS BACK IN THE DAY. 
          AND SO THOSE WERE THERE AND THEY CAN BE USED ONLY FOR THOSE TWO BUILDINGS. 
          OKAY? THOSE BONDS CAN ONLY BE USED FOR THOSE, ANYTHING THAT GOES INTO THIS, THOSE TWO BUILDINGS. 
          SO, UH, NO APPROPRIATIONS FOR NEXT YEAR FOR THE CAPITAL PROJECTS FUND. 
          SUPPLEMENTAL REQUESTS, NONE OF THESE ITEMS ARE INCLUDED IN YOUR PROPOSED BUDGET. 
          THESE ARE ITEMS THAT STAFF PUT IN THERE BECAUSE THEY SAID THEY REALLY NEEDED THIS. 
          AND SO I SAID TO THEM, PUT IT IN A PRIORITY, PUT IT IN SHEETS, WHICH IS YOUR NUMBER ONE PRIORITY, SECOND PRIORITY, THIRD PRIORITY, BLAH, BLAH, BLAH. 
          SO YOU'LL SEE IT THERE. 
          FIRE HYDRANT TESTING, VENTILATORS, TRAINING, PROPS, ROPE RESCUE EQUIPMENT, AND THE PRICE OF HOW MUCH IT WAS IT WOULD COST. 
          AND THAT'S FOR THE FIRE DEPARTMENT. 
          THE CITY HAS APPROXIMATELY $5 MILLION TO, UH, FUND THESE REQUESTS AND PAY CASH VERSUS ISSUING DEBT. 
          OKAY? THAT'S ABOVE THE 90 DAYS. 
          YOU HAVE SOME, UH, AMBULANCES, NOW YOU NEED TWO AMBULANCES. 
          AMBULANCES ARE VERY EXPENSIVE AND YOU HAVE A BUNCH OF EQUIPMENT THAT GOES IN THERE. 
          AND 
          [00:55:01]
I DID ASK THE FIRE STAFF TO PLEASE REACH OUT TO SOME, THERE'S SOME PUBLIC FINANCING COMPANIES THAT WILL LOAN MONEY TO CITIES TO PURCHASE THESE AMBULANCES AND THEY CHARGE A VERY LOW INTEREST RATE. 
          UH, WE'VE DONE THIS BEFORE, UM, WITH OTHER COUNCILS IN OTHER CITIES WHERE THEY WENT AND DID THIS. 
          IT'S LIKE A LEASE PURCHASE TYPE OF THING, BUT YOU KEEP THE AMBULANCE OBVIOUSLY ONCE YOU FINISH PAYING FOR IT. 
          AND THIS WAY YOU DON'T DISH OUT ALL THE $1 MILLION IN ONE, YOU KNOW, IN ONE TRANSACTION. 
          YOU CAN FINANCE IT OUT AND WE CAN BRING IT BACK TO COUNCIL IF YOU WANNA GO THAT WAY. 
          IF YOU WANT TO SEE HOW MUCH WOULD IT COST IF WE GOT TWO AMBULANCES, WHAT WOULD THOSE PAYMENTS LOOK LIKE? WE CAN COME BACK AND THEN WE CAN DO A BUDGET AMENDMENT AND THEY CAN ORDER THE AMBULANCE. 
          IT TAKES A LONG TIME TO BUILD THE AMBULANCE, BY THE WAY. 
          UM, A CHEVY TAHOE, UH, ANOTHER ONE AND AN ENCLOSED TRAILER. 
          SO, UM, IF YOU DO APPROVE AN AMBULANCE, THERE'S A CAPITAL LEASE TO OUTFIT THE AMBULANCE THAT IS NECESSARY. 
          IT'S $215,000 OVER SEVEN YEARS. 
          IT'S A LEASE PURCHASE CONTRACT. 
          THE CITY HAS DONE IT BEFORE, UM, OVER SEVEN YEARS. 
          AND SO I, I PUT THAT ON THERE FOR YOU. 
          COUNSEL HAS TO DECIDE WHAT YOU ALL WANNA DO. 
          THE POLICE HAS THEIRS AN ORDER OF PRIORITY NUMBER ONE. 
          THEY REALLY NEED A DODGE DURANGO WITH ALL THE OUTFITS AND EVERYTHING. 
          THEY SAID THAT THERE IS SOME THAT ARE VERY OLD. 
          THEY HAVE VERY OLD VEHICLES, SO YOU SEE ALL OF THEIR CARS THERE THAT THEY NEED. 
          UH, MAGNET FORENSICS, UM, STREETS, PUBLIC WORKS. 
          THEY NEED THIS NEW TURF TIGER FOR 15,000 AND WATER AND SEWER FUND. 
          THEY, THIS IS ACTUALLY SOMETHING THAT SEEMS VERY NECESSARY. 
          WATER ANALYZERS FOR THE PINTO TOWER, $21,000. 
          AND THERE IS MONEY, UM, SET ASIDE IN THE BANK FROM, UM, OLD GRANT THAT WAS THERE THAT WE COULD PULL FROM THEIR FUND BALANCE TO PURCHASE THOSE IF YOU WISH. 
          SO TODAY, DURING THE REGULAR CITY COUNCIL MEETING, A PUBLIC HEARING FOR THE TAX RATE WILL BE SET FOR SEPTEMBER 3RD. 
          THAT'S ONE OF THE ITEMS ON THE AGENDA, A PUBLIC HEARING INFORMATION WE PUBLISHED IN THE OFFICIAL NEWSPAPER. 
          AND ON THE WEBSITE, A PUBLIC HEARING FOR THE BUDGET WILL TAKE PLACE THAT SAME DAY. 
          COUNSEL CAN ADOPT THIS NEW LOWER TAX RATE ON THAT DAY, 9 3 26. 
          OR YOU CAN OPT TO WAIT IF YOU WANT TO DISCUSS FURTHER, UH, THE BUDGET AND THE LATEST THAT COUNSEL CAN ADOPT THE TAX RATE IS ON SEPTEMBER 17TH. 
          OKAY? SO I WANTED TO MAKE SURE THOSE DATES WERE ON THERE. 
          THE FISCAL YEAR 27, PROPOSED BUDGET WILL PRESENTED AND DISCUSSED AGAIN ON 9 3 26, NOT AS IN LENGTH AS THIS DURING THE REGULAR CITY COUNCIL MEETING. 
          UH, UH, UM, AND THEN THE PUBLIC HEARING WILL BE ON THE BUDGET AS WELL. 
          SO THAT'S MY BUDGET PRESENTATION FOR TODAY. 
          ANY KIND OF, UM, UH, COMMENTS OR, UM, LINE ITEM CHANGES OR DECREASES OR WHATEVER, PLEASE SEND THEM TO MR. POSADA. 
          HE WILL COMPILE THEM ALL INTO ONE EMAIL TO ME. 
          AND THEN THIS WAY, IF THERE'S CHANGES OR WHATEVER, IF YOU SAY, WELL, I WANNA INCREASE THIS, YOU KNOW, I WANNA DO THAT, AND HE WILL SEND THOSE TO ME AND I WILL PLUG THEM ALL IN. 
          AND NEXT TIME I COME BACK, YOU ALL WILL GET THAT NEW UPDATED BUDGET. 
          OKAY? WITH ALL OF YOUR INPUT, PATRICIA, I WANT TO CONGRATULATE YOU FOR, FOR YOUR JOB, FOR WHAT YOU DID FOR OUR CITY. 
          THANK YOU. 
          WHEN YOU FIRST STARTED. 
          YOU'RE WELCOME. 
          IT'S BEEN A PLEASURE. 
          EIGHT DAYS YOU BROUGHT US UP TO 90 DAYS. 
          GOOD JOB. 
          THANK YOU. 
          WHO SAID YOU'RE LEAVING? THIS CONCLUDES OUR AGENDA FOR THIS EVENING. 
          IF THERE IS NO FURTHER BUSINESS, THIS MEETING IS NOW ADJOURNED AT, I NEED A CALL 7 0 1.
* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.