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The original item was published from 7/14/2021 4:22:16 PM to 8/1/2022 12:00:08 AM.

News Flash

City News

Posted on: July 14, 2021

[ARCHIVED] 7-14-21 Public Invited to Budget Briefing July 21

Entire proposed budget document is available online.

City Manager Kent Cagle delivered his Fiscal Year 2021 Proposed Annual Budget to City Council and made it available for public review July 6. He will host a budget briefing for the public July 21 at 5 p.m. at City Hall.

A special City Council Workshop to discuss the budget and related issues is scheduled Saturday, July 17, at 9 a.m. at City Hall. The workshop is open to the public.

The entire budget document is available at KilleenTexas.gov/Budget. Embedded quick links in the Table of Contents allow users to easily access fund and department level details.

As proposed, the budget allocates $244 million in expenditures across multiple funds. The City Manager’s Message on pages 17 through 22 gives an overview of significant items included in the proposal. The All Funds Summary on page 28 provides a succinct accounting of total revenues and expenditures in each fund as proposed and for the previous three fiscal years.

Delving deeper into the proposal, each fund is summarized then broken down by department or function with revenue and expense line item detail.

The General Fund, which is primarily supported by property and sales taxes, is budgeted at $103 million for the coming year with a projected ending fund balance of 26.3%. It proposes to decrease the property tax rate to 72.3 cents per $100 valuation from the current rate of 73.3 cents.

A budget public hearing is scheduled at the July 27 City Council Meeting at 5 p.m. at City Hall.

Budget adoption is scheduled September 14. The new fiscal year begins October 1, 2021 and ends September 30, 2022.

For those unable to attend the budget briefing in person, the presentation will be web streamed live and archived for playback on the City’s website, KilleenTexas.gov. It will also be broadcast live on Spectrum Cable Channel 10.

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