City Eyes Tax Reform, Future Budget
- Discussed the status and strategy surrounding impending tax reform legislation, which could significantly impact city finances.
- Reviewed assumptions critical for developing a five-year financial forecast, guiding the city's future spending and revenue planning.
- Considered recommendations for evaluating city programs in 1986 to ensure efficiency and effectiveness.
Full Transcript
Austin City Council MINUTES For January 21, 1986 - SPECIAL CALLED MEETING - 5:30 P.M. AUDING & FINANCE COMMITTEE - CENTRAL LIBRARY Council Chambers, 307 Wsst Second Street, Austin, Texas City Council Frank C.Cooksey Mayor John Trevino, Jr. Mayor Pro Tern Council Members Mark Rose Smoot Carl-Mitchell Sally Shipman George Humphrey Charles E. Urdy Jorge Carrasco City Manager ^ Bden Aldridge i i City Clerk Memorandum To: Mayor Cooksey called to order the meeting of the Audit and Finance Committee, noting the presence of all members. The following agenda was then discussed: <j I. Review of Tax Reform Legislation Status and Strategy II. Financial Consultant Contracts III. Recommendation of Program Evaluation Projects for 1986 IV. Assumptions-Five Year Financial Forecast V. 1986 Audit Committee Agenda ADJOURNMENT The meeting was adjourned at 7:05 p.m.