Hold a Public Hearing, Present, Discuss, and Consider Action on an Ordinance of the Town of Addison, Texas Approving and Adopting the Annual Budget for the Fiscal year Beginning October 1, 2020 and Ending September 30, 2021, and Making Appropriations for Each Office, Department, Agency and Project of the Town, Providing That Expenditures for Said Fiscal Year Shall Be made in Accordance with the Adopted Budget, Unless Otherwise Authorized by an Ordinance Adopted By the City Council; Providing for Emergency Expenditures and Expenditures as Otherwise Allowed By Law.

This is the first public hearing regarding the Town of Addison’s Annual Budget for Fiscal Year (FY) 2021.  The proposed FY 2021 operating budget requests an appropriation of $84,747,215. Listed below is a breakdown of funds:
 

• Significant items included in the proposed operating budget include: Revenues for all funds total approximately $78.9 million, a reduction of $4.6M compared to FY 2020.  Primary revenues sources are property tax ($28.8 million), sales tax ($12.3 million), hotel occupancy tax ($4.2 million) and utility service fees ($13.9 million).
• Staffing level of 299.8 Full-time Equivalent (FTE) positions. This is an increase of 9.0 FTE’s over FY 2020. Employee compensation allocation of approximately $512 thousand in all funds for merit increases plus benefits. This provides a pool equivalent to a 2 percent merit increase.
• Significant decision packages include:
  • Celestial Park Improvements ($103 thousand),
  • Irrigation Management System Upgrade ($75 thousand),
  • Risk and Resilience Assessment and Emergency Response Plan ($100 thousand),
  • Facilities Maintenance Funds ($180 thousand),
  • Public Safety Facility Maintenance Funds ($85 thousand), 
  • Water Quality Supervisor ($85 thousand),
  • Design and Construction Details Standards Upgrade ($200 thousand),
  • Addison Circle Transit Oriented Development Funds ($318 thousand),
  • Special Area Study Funds ($140 thousand), 
  • Funds for Enhanced Street Maintenance ($292 thousand).

• The FY 2021 proposed five-year capital improvements budget totals $37.2 million.  Significant projects include:
  • Midway Road Reconstruction ($10.4 million),
  • Vitruvian Development Next Phase ($3.9 million),
  • HVAC Replacements ($1.1 million), 
  • Roof Replacements ($2.9 million),
  • Keller Springs Reconstruction ($4.0 million),
  • License Plate Recognition System Expansion ($1.4 million),
  • Completion of Airport Customs Facility Construction ($2.6 million),
  • Celestial Ground Storage Tank Rehabilitation ($1.7 million),
  • Chlorine Booster Station ($1.0 million),
  • Water System Improvements ($1.4 million),
  • Stormwater Assessment Basin Improvements ($2.8 million).

Texas Local Government Code (LGC) Sec. 102.006 requires the governing body of a municipality to hold a public hearing on the proposed budget and provide for public notice of the date, time, and location of the hearing.  This notice was published in the Dallas Morning News on Friday, August 16, 2019. 

The proposed budget can be found at the following link: https://addisontexas.net/finance/budget