This is the first public hearing regarding the Town of Addison’s Annual Budget for Fiscal Year (FY) 2019. The proposed FY2019 operating budget requests an appropriation of $94,128,036 million. Listed below is a breakdown of funds:
| Fund |
Expenditure Amount |
| General |
$41,543,404 |
| Hotel |
9,729,381 |
| Debt Service Combined |
6,762,208 |
| Economic Development |
1,860,868 |
| Infrastructure Investment |
500,000 |
| Airport |
8,258,051 |
| Utility |
14,285,512 |
| Stormwater |
4,202,452 |
| Combined Replacement |
2,298,882 |
| Combined Grants |
13,700 |
| Combined Special Revenues |
4,673,578 |
| Total |
$94,128,036 |
Significant items included in the proposed operating budget include:
- Revenues for all funds total approximately $83.1 million, a slight change compared to FY2018. Primary revenues sources are property tax ($25.1 million), sales tax ($13.7 million), hotel occupancy tax ($5.5 million) and utility service fees ($12.7 million).
- Staffing level of 278.5 Full-time Equivalent (FTE) positions. This is an increase of 9.0 FTE’s over FY2018.
- Employee compensation allocation of approximately $911 thousand for merit increases plus benefits. This provides a pool equivalent to a 4 percent merit increase.
- Significant decision packages include:
- Protective Equipment for Fire ($119 thousand),
- Facility Consolidation Study ($100 thousand),
- ADA Year One Improvements ($91.5 thousand),
- Facilities Maintenance Funds ($166.5 thousand),
- Winnwood & Town Hall Bridge/Gazebo Renovations ($286 thousand),
- Athletic Club Indoor Pool Resurfacing ($180 thousand),
- Funds for Asset Management Implementation ($950 thousand),
- Funds for Enhanced Street Maintenance ($700 thousand),
- Taste Addison Enhanced Entertainment ($150 thousand).
The FY2019 proposed five-year capital improvements budget totals $26.0 million. Significant projects include:
- Midway Road Reconstruction Design ($1.6 million),
- Vitruvian Development Phase 8 ($0.7 million),
- Sherlock-Winter Park Drive Improvements ($1.1 million),
- Vitruvian Pond Dredging ($3.1 million),
- Start of Airport Customs Facility Construction ($3.5 million),
- Airport Facility Repair and Improvements ($1.1 million),
- Water System Improvements ($1.8 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 17, 2018. Attached to this agenda item is a copy of the publication.
A second public hearing will be held before the budget is adopted on September 11, 2018 at 7:30 pm at Addison Town Hall in the Council Chambers located at 5300 Belt Line Road, Dallas, Texas 75254.
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