Austin's Finances: Taxes, Rates, Arts & Benefits
City Budgets & Spending:
Approved the city's operating and capital budgets, setting the financial framework for city services and major projects for the upcoming fiscal year.Property Taxes & Fees:
Established municipal property tax rates for 1994-95, including specific exemptions for historic properties, disabled, and elderly residents. Also authorized various fees and fines for city services.Utility Rates & Arts Funding:
Voted on and approved new electric utility rates, alongside allocating nearly $1.75 million in contracts to support cultural arts services.Retiree Benefits:
Planned a 2% increase in retiree benefits for civil service employees for the next fiscal year, with another 2% increase intended for the following year.
Full Transcript
FOUNDED BY Austin City Council SPECIAL CALLED MEETING COUNCIL CHAMBERS 307 September 13, 1994 WEST SECOND ST. 1:00 Ρ.Μ. - MINUTES Mayor Todd called to order the meeting of the Council, noting the absence of Councilmember Reynolds. ORDINANCES Items 1-4, 5. b & c, and 6-8 approved at meeting held on September 12, 1994" 1. Approve second/third reading of an Ordinance adopting and approving the Operating Budget for the fiscal year beginning October 1, 1994 and terminating September 30, 1995, and making appropriations for each department, project and account, including the errata. 2. Approve second/third reading of an Ordinance adopting and approving the Capital Budget for the fiscal year beginning October 1, 1994 and terminating September 30, 1995, and making appropriations for each project and account, including the errata. 3. Approve second/third reading of an Ordinance fixing and levying Municipal Ad Valorem taxes for the City of Austin, Texas for the fiscal year 1994-95; and for each year thereafter until otherwise provided, directing the assessment and collecting thereof; approval of property tax exemptions for historic property, persons with disabilities and elderly persons; directing the assessment and collecting thereof; validating all prior Ad Valorem taxes. 4. Approve second/third reading of an Ordinance authorizing fees, fines and other charges for City services and use of City facilities. 5. Approve second/third reading of certain Ordinances adopting Rates, as follows: a) Electric Utility Rates Motion to approve ordinance by Councilmember Mitchell, Councilmember Garcia's second, 3-0-3 vote, Mayor Pro Tem Nofziger and Councilmembers Goodman and Shea abstained, Councilmember Reynolds absent. b) Water and Wastewater Retail Rates c) Water and Wastewater Wholesale Rates 6. Approve second/third reading of an Ordinance providing for the number and rank of positions in the classified Civil Service of the Police Department and Fire Department. MINUTES 1 SEPTEMBER 13, 1994 RESOLUTIONS : 7. Approve Fiscal Year 1994-95 Cultural Arts Services contracts in the amount of $1,745,999 (Funding available in the Cultural Arts Fund.) :; 8. Resolution expressing Council's intent to provide a 2% retiree benefit increase for Civil Service employees for Fiscal Year 1994-95 and an additional 2% for Fiscal Year 1995-96. ADJOURN at 2:10 p.m. on Mayor Pro Tem Nofziger's motion, Councilmember Garcia's second, 6-0 vote, Councilmember Reynolds absent... : Septembe To 1994, on Councilmember Approved this the 29th day of Garcia's motion, Councilmember Goodman's second, 7-0 vote. i MINUTES 2 SEPTEMBER 13, 1994