| 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, 2021 and Ending September 30, 2022, 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 second public hearing regarding the Town of Addison’s Annual Budget for Fiscal Year (FY) 2022. The proposed FY 2022 budget requests an appropriation of $87,747,161 consisting of $82,997,600 for operating expenditures, $4,031,561 for capital improvements, $384,000 for transfers, and $334,000 for one-time decision packages. Listed below is a breakdown of funds:
| Fund |
Expenditure Amount |
| General |
$40,731,996 |
| Hotel |
5,957,833 |
| Debt Service Combined |
8,520,186 |
| Economic Development |
2,010,012 |
| Infrastructure Investment |
1,500,000 |
| Airport |
6,782,456 |
| Utility |
14,777,255 |
| Stormwater |
2,475,125 |
| Combined Replacement |
1,980,283 |
| Combined Grants |
13,700 |
| Combined Special Revenues |
3,018,315 |
| Total |
$87,747,161 |
Significant items in the proposed operating budget include:
- Revenues for all funds total $84,967,262, an increase of $6.4M compared to FY 2021. Primary revenues sources are property tax ($30.0 million), sales tax ($13.7 million), hotel occupancy tax ($4.2 million) and utility service fees ($14.3 million).
- Staffing level of 300.8 Full-time Equivalent (FTE) positions. This is an increase of 1.0 FTE’s over FY 2021.
- Employee compensation allocation of approximately $1.03 million in all funds for merit/market increases plus benefits. This provides a pool equivalent to a 4 percent compensation pool.
Significant decision packages include:
- Code Enforcement Officer ($83,508 recurring and $38 thousand one-time costs),
- Long Range Planning Services ($140 thousand),
- Facilities Study Phase 2 ($125 thousand),
- Facilities Maintenance Funds ($350 thousand),
- Belt Line and Addison Road Maintenance ($1.38 million),
- Street Maintenance and Repairs ($600 thousand),
- Les Lacs Court Conversion ($141 thousand),
- Trash and Projects Crew ($29 thousand recurring and $80 thousand one-time costs),
- Utility Repair IDIQ Contract ($150 thousand),
- Vitruvian Park Erosion ($12 thousand recurring and $73 thousand one-time costs).
The FY 2022 proposed five-year capital improvements budget totals $47.2 million. Significant projects include:
- Midway Road Reconstruction ($15.8 million),
- Vitruvian West Streetscape and Bella Lane Extension ($2.2 million),
- HVAC Replacements ($0.7 million).
- Roof Replacements ($2.4 million),
- Keller Springs Reconstruction ($8.0 million),
- Locker Room Reconfiguration ($1.1 million),
- Pool Modernization ($0.7 million),
- Traffic Signal and ADA Improvements ($1.5 million),
- Lake Forest Drive Utility Improvements ($1.2 million),
- Rawhide Creek Basin Improvements - Les Lacs Area ($1.1 million),
- Bravo/Golf Taxiway Improvements ($7.3 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 20, 2021.
The Fiscal Year 2022 proposed budget can be found at the following link on the Town's website: https://addisontexas.net/finance/budget
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