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1991-08-27 CC Packet City of Southlake,Texas CITY OF SOUTHLAKE, TEXAS Cr' SPECIAL CITY COUNCIL MEETING: AUGUST 27, 1991 LOCATION: 667 North Carroll Avenue, Southlake, Texas City Council Chambers of City Hall TIME: 7 : 30 P.M. I AGENDA 1 . Call to order. 2 . Public Hearing on the Proposed FY 1991-92 Annual Budget. 3. Public Hearing on the Tax Rate. 4 . Consider: Resolution No. 91-41, approving and authorizing the execution of a "Paying Agent/Registrar Agreement" in relation to the "City of Southlake, Texas Certificates of Obligation, Series 1991" , and resolving other matters incident and related thereto. 5 . Work Session: Proposed FY 1991-92 Annual Budget. lir, 6 . Meeting Adjourned. I I I I hereby certify that the above agenda was posted on the official bulletin boards at city hall, 667 North Carroll Avenue, Southlake, Texas, on Tuesday, August 20, 1991, at 12 noon, pursuant to the Open Meetings Act, Article 6252-17 V.T.A.S. ,,�pn�m�np�gi ir �Z H l q�e,ys Sandra L. LeGrand _ .04 • City Secretary ` ~or :p %,,qpi Il�ut�*o�,``,,````` C El Ct SOUTHLAKE ECONOMIC DEVELOPMENT COUNCIL Financial Statement October 1, 1990 thru July 31, 1991 and projections thru September 30, 1991 C IE Actuals thru Projected thru INCOME: 7/31/91 9/30/91 (Cash on Hand) + City of Southlake $ 13,330. $ 16, 000. Chamber of Commerce 6, 666. 8, 000. Miscellaneous 210. 225. ICTOTAL INCOME: $ 20, 206. $ 24 ,225. C 111 EXPENSES: Salaries (incl taxes) $ 7,760. $ 10, 500. ire Telephone/Ans. Serv. 1,246. 1, 600. Printing/Supplies 1, 618. 1, 600. Promotions/Conventions 810. 2, 010. Dues/Memberships 755. 1, 000. Literature/Video 2 , 000. Postage/Freight 1,735. 2, 000. Miscellaneous 451. 500. Il Furniture Exp. 857. 950. Travel/Training 366. 600. Utilities 505. 700. Accounting 63. 175. Advertising 122 . 400. Office Rental 2,500. 3 , 000. Insurance 157. 157 . Repairs 26. 26. C E Note: Projections thru 9/30/91 include estimated quarterly reimbursements to Chamber of Commerce in all categories. Ila C SOUTHLAKE ECONOMIC DEVELOPMENT COUNCIL Proposed Budget October 1, 1991 thru September 30, 1992 I INCOME: City of Southlake $22, 000. Chamber of Commerce 11, 000. IMiscellaneous 300. Total: $33 , 300. I EXPENSES: Salaries & Taxes $13 , 000. Telephone/Voice Mail 2 , 000. Printing/Supplies Exp 1,900. Promotional Expense 2, 500. LK Dues/Memberships 1, 200. Literature/Video 2, 000. Postage/Freight 2,750. Miscellaneous 600. Furniture/Equipment Expense 1, 000. Travel/Training/Education 600. C Utilities 850. Accounting/Professional Serv. 200. Advertising Expense 850. Office Rental 3,500. Insurance 250. Repair Expense 100. TOTAL EXPENSE: $33, 300. IC PROFIT/LOSS: -0- IL C C