Request email notification when page changes E-Notify

Financial Transparency

CURRENT BUDGET OVERVIEW - Fiscal Year 2018 - 2019
Current Budget Status 
(August 2018 Financials)

This budget will raise more revenue from property taxes than last year’s budget by an amount of $217,180 which is a 6.7% increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $118,588.

Record Vote on Budget & Tax Rate:
  Budget Tax Rate Ratify
Mayor Bob Werner
(only votes in event of a tie)
 Present
Present
Council Members    
Michele Ross Absent Absent
Bob Heintzelman For For
Mike Colemere For For
Maggi Kautz For For
Lee Powers For For
Total debt obligation for the City of Shavano Park secured by property taxes: $3,650,000.

Operating Budget Summary

The current budget allows for $5.2M for City operations from October 1, 2018 to September 30, 2019. All City operational, service and staff expenses are included in this number. The departmental breakdown of the $5.2M is below. As you can see, the operating budget of the City is roughly 1/3 Police, 1/3 Fire and 1/3 All other Departments.

 General Fund Chart

So what are some of the items your tax dollars purchased this year? Here are a few:

  • Wages and benefits for 47 City employees (4 others are Water funded)
  • Fuel and maintenance to operate 26 City vehicles
  • $135,000 for new Oxygen Air Tanks and breathing apparatuses for our 17 Firefighters
  • $40,000 to replace a 22 year old Public Works Crew truck
  • $20,000 to beautify landmarks across the City

Most Police capital items like patrol cars, weapons and computers are funded in Crime Control Prevention District (which is funded by a portion of sales tax revenues) and not by property taxes.

The first item listed, wages and benefits is the lion’s share of the City budget. The heart of City operations and services is City staff. For example, here is a breakdown of the Police Department’s department funding. As you can see, 88% of the Police Department’s $1.73M funding is for the annual wages and benefits of our Police Officers.

 Police Department Chart

In the past five years City General fund expenditures have steadily increased, with particular spending spikes in FY 2016 and FY 2018 being partially due to transfers from capital reserves to pay for large items. For example, in FY 2018, $180,000 was transferred from the Capital Replacement fund to purchase a replacement Ambulance. Starting in FY 2019 the Capital Replacement Fund will be expensing capital items directly and not transferring monies to the General fund to expend. This will prevent the somewhat misleading spikes in expenditures.

5 YR Expenditures GF

Property Taxes

City operations are largely funded by property taxes paid by City residents and businesses. For this budget year, 63.5% of the City’s General Fund revenues are from property tax collection. Other major revenue sources include sales tax, franchise fees and permits / licenses.

Since FY 2016 the Property tax rate (per $100 valuation) remains unchanged to pay for the City’s ongoing operational and capital costs.
5 YR Property Tax Rate

If you are wondering why this rate seems low compared to your recent property tax bill, it is because City property taxes is only 12% of your total 2018 Tax Year tax bill. The largest portion of your property tax bill is assessed by Northside Independent School District at 57%.

Tax Rate Breakdown

For more information about Property Taxes in Texas visit the Texas Comptroller's 
Truth-In-Taxation page.


Sales Taxes

Sales tax is the second largest revenue source for the City, providing a budgeted $690,000 across all funds in FY 2019. For every sales taxed purchase made in the City, only 1.5% of the sales tax charged goes to the City. Of this 1.5%, 1.0% goes to the General fund and a quarter of a percent each to Street Maintenance fund and the Crime Control Prevention District Fund.

Jurisdiction

Total: 8.25%

State

         6.25%

City (General Fund)

         1.00%

City (Street Maintenance)

         0.25%

City (Crime Control District)

         0.25%

VIA

         0.50%

 
Crime Control Prevention Districts funds capital items for the Police Department. For example in FY 2019 the fund will purchase replacement duty handguns for all Police Officers for $25,000.

The Street Maintenance fund is a savings account for future roadway resurfacing and repair projects. No spending from this fund is budgeted for FY 2019.