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HomeMy WebLinkAboutAgenda Packet City Council - 08/29/2024 Cityof Corpus Christi 1201 Leopard Street Corpus Christi,TX 78401 cctexas.com Meeting Agenda Final City Council Workshop Thursday,August 29,2024 9:00 AM Council Chambers FY 2025 Budget Workshop: Capital Improvement Program (CIP), HOT Projects, including Visit Corpus Christi Presentation, and Potential Adjustments Public Notice: ITEMS ON THIS AGENDA ARE FOR COUNCILS INFORMATIONAL PURPOSES ONLY. NO ACTION WILL BE TAKEN AND NO PUBLIC COMMENT WILL BE SOLICITED. A. Mayor Paulette Guajardo to call the meeting to order. B. City Secretary Rebecca L. Huerta to call the roll of the required Charter Officers C. BRIEFINGS (ITEMS 1 - 3) Briefing information will be provided to the City Council during the Council meeting. Briefings are for Council information only. No action will be taken and no public comment will be solicited. 1. 24-1452 FY 2025 Budget Workshop: Capital Improvements Plan Sponsors: Office of Management and Budget 2. 24-1454 FY 2025 Budget Workshop: Hotel Occupancy Tax (HOT) funded Projects, including Visit Corpus Christi Presentation Sponsors: Office of Management and Budget 3. 24-1455 FY 2025 Budget Workshop: Potential Budget Adjustments Sponsors: Office of Management and Budget D. Adjournment City of Corpus Christi Page 1 Printed on 8/26/2024 SC G� O� F U '"casronaA eo 1852 AGENDA MEMORANDUM City Council Workshop of August 29, 2024 DATE: August 23, 2024 TO: Peter Zanoni, City Manager FROM: Eddie Houlihan, Director of the Office of Management and Budget EddieHo@cctexas.com (361) 826-3792 City Council Workshop on Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up for the FY 2025 Proposed Budget STAFF PRESENTER(S): Name Title/Position Department 1. Jeff Edmonds Director Engineering Services 2. Heather Hurlbert Assistant City Manager Economic Development 3. Eddie Houlihan Director Management & Budget ISSUE: This is the fifth of five City Council workshops to discuss the FY 2025 proposed budget. The topics for this workshop include Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up. BACKGROUND INFORMATION: A briefing on the FY 2025 proposed budget was presented to the Mayor and City Council on July 30, 2024. The FY 2025 proposed budget focuses on City Council and community priorities including public safety, street reconstruction/maintenance, and maintaining equitable and competitive wages plus affordable healthcare benefits for employees. The FY 2025 proposed budget, comprised of all funds excluding transfers, totals$1.8 billion. The General Fund budget is$294.3 million, and the Capital Budget totals $867.6 million. A series of five City Council budget workshops are scheduled to be held from August 1 to August 29. At these sessions, City staff will review in detail the budget proposals with the Mayor and City Council. Additionally, there will be seven public input sessions to be held from August 5 to August 21. The budget is scheduled to be adopted on September 10, 2024, for the City's fiscal year which begins on October 1. The fifth budget workshop will be held on Thursday, August 29, 2024, at approximately 9:00 am. At the workshop, the City Council will be presented with the Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up. Capital Improvement Plan: The focus of the Engineering Department is to assist City departments in support of new projects and maintenance of existing infrastructure. The total FY 2025 proposed budget for Capital Improvement Program is $1,008.7M, excluding transfers from other funds it would be $867.6M. Below is a summary of the funding and position counts that would be authorized by the FY 2025 proposed budget. FUND FY 2025 AUTHORIZED POSITIONS PROPOSED BUDGET Capital Projects $1,008,689,147 - Total $1,008,689,147 - Hotel Occupancy Tax: In Corpus Christi, a 15% Hotel Occupancy Tax(HOT) is charged on all overnight stays: the City of Corpus Christi receives Local HOT of 7%; the State receives SHOT of 6%, then sends 1/3 of that to the City of Corpus Christi for beaches; and the Convention Center receives 2%. Local HOT must be collected from all guess who rent a room or space in a hotel costing $2 or more each day. State HOT must be collected from all guests who rent a room or space in a hotel costing $15 or more each day. The total FY 2025 proposed budget for the Hotel Occupancy Tax Fund is $24.5M. Below is a summary of the funding and position counts that would be authorized by the FY 2025 proposed budget. FUND FY 2025 AUTHORIZED POSITIONS PROPOSED BUDGET Hotel Occupancy Tax $24,527,325 11 Total $24,527,325 11 Proposed Budget Wrap-up: The fifth workshop will also include a discussion with the City Council on any potential budget amendments resulting from the seven public input sessions and the five City Council Budget work sessions. A summary of all amendments will be presented to the City Council at the first reading of the FY 2025 budget on September 3, 2024. Final reading will take place on September 10, 2024. LIST OF SUPPORTING DOCUMENTS: PowerPoint - not attached • Capital Improvement Plan • Hotel Occupancy Tax • Budget Wrap-Up SC G� O� F U '"casronaA eo 1852 AGENDA MEMORANDUM City Council Workshop of August 29, 2024 DATE: August 23, 2024 TO: Peter Zanoni, City Manager FROM: Eddie Houlihan, Director of the Office of Management and Budget EddieHo@cctexas.com (361) 826-3792 City Council Workshop on Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up for the FY 2025 Proposed Budget STAFF PRESENTER(S): Name Title/Position Department 1. Jeff Edmonds Director Engineering Services 2. Heather Hurlbert Assistant City Manager Economic Development 3. Eddie Houlihan Director Management & Budget ISSUE: This is the fifth of five City Council workshops to discuss the FY 2025 proposed budget. The topics for this workshop include Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up. BACKGROUND INFORMATION: A briefing on the FY 2025 proposed budget was presented to the Mayor and City Council on July 30, 2024. The FY 2025 proposed budget focuses on City Council and community priorities including public safety, street reconstruction/maintenance, and maintaining equitable and competitive wages plus affordable healthcare benefits for employees. The FY 2025 proposed budget, comprised of all funds excluding transfers, totals$1.8 billion. The General Fund budget is$294.3 million, and the Capital Budget totals $867.6 million. A series of five City Council budget workshops are scheduled to be held from August 1 to August 29. At these sessions, City staff will review in detail the budget proposals with the Mayor and City Council. Additionally, there will be seven public input sessions to be held from August 5 to August 21. The budget is scheduled to be adopted on September 10, 2024, for the City's fiscal year which begins on October 1. The fifth budget workshop will be held on Thursday, August 29, 2024, at approximately 9:00 am. At the workshop, the City Council will be presented with the Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up. Capital Improvement Plan: The focus of the Engineering Department is to assist City departments in support of new projects and maintenance of existing infrastructure. The total FY 2025 proposed budget for Capital Improvement Program is $1,008.7M, excluding transfers from other funds it would be $867.6M. Below is a summary of the funding and position counts that would be authorized by the FY 2025 proposed budget. FUND FY 2025 AUTHORIZED POSITIONS PROPOSED BUDGET Capital Projects $1,008,689,147 - Total $1,008,689,147 - Hotel Occupancy Tax: In Corpus Christi, a 15% Hotel Occupancy Tax(HOT) is charged on all overnight stays: the City of Corpus Christi receives Local HOT of 7%; the State receives SHOT of 6%, then sends 1/3 of that to the City of Corpus Christi for beaches; and the Convention Center receives 2%. Local HOT must be collected from all guess who rent a room or space in a hotel costing $2 or more each day. State HOT must be collected from all guests who rent a room or space in a hotel costing $15 or more each day. The total FY 2025 proposed budget for the Hotel Occupancy Tax Fund is $24.5M. Below is a summary of the funding and position counts that would be authorized by the FY 2025 proposed budget. FUND FY 2025 AUTHORIZED POSITIONS PROPOSED BUDGET Hotel Occupancy Tax $24,527,325 11 Total $24,527,325 11 Proposed Budget Wrap-up: The fifth workshop will also include a discussion with the City Council on any potential budget amendments resulting from the seven public input sessions and the five City Council Budget work sessions. A summary of all amendments will be presented to the City Council at the first reading of the FY 2025 budget on September 3, 2024. Final reading will take place on September 10, 2024. LIST OF SUPPORTING DOCUMENTS: PowerPoint - not attached • Capital Improvement Plan • Hotel Occupancy Tax • Budget Wrap-Up SC G� O� F U '"casronaA eo 1852 AGENDA MEMORANDUM City Council Workshop of August 29, 2024 DATE: August 23, 2024 TO: Peter Zanoni, City Manager FROM: Eddie Houlihan, Director of the Office of Management and Budget EddieHo@cctexas.com (361) 826-3792 City Council Workshop on Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up for the FY 2025 Proposed Budget STAFF PRESENTER(S): Name Title/Position Department 1. Jeff Edmonds Director Engineering Services 2. Heather Hurlbert Assistant City Manager Economic Development 3. Eddie Houlihan Director Management & Budget ISSUE: This is the fifth of five City Council workshops to discuss the FY 2025 proposed budget. The topics for this workshop include Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up. BACKGROUND INFORMATION: A briefing on the FY 2025 proposed budget was presented to the Mayor and City Council on July 30, 2024. The FY 2025 proposed budget focuses on City Council and community priorities including public safety, street reconstruction/maintenance, and maintaining equitable and competitive wages plus affordable healthcare benefits for employees. The FY 2025 proposed budget, comprised of all funds excluding transfers, totals$1.8 billion. The General Fund budget is$294.3 million, and the Capital Budget totals $867.6 million. A series of five City Council budget workshops are scheduled to be held from August 1 to August 29. At these sessions, City staff will review in detail the budget proposals with the Mayor and City Council. Additionally, there will be seven public input sessions to be held from August 5 to August 21. The budget is scheduled to be adopted on September 10, 2024, for the City's fiscal year which begins on October 1. The fifth budget workshop will be held on Thursday, August 29, 2024, at approximately 9:00 am. At the workshop, the City Council will be presented with the Capital Improvement Plan, Hotel Occupancy Tax Projects, Potential Amendments, and Budget Wrap Up. Capital Improvement Plan: The focus of the Engineering Department is to assist City departments in support of new projects and maintenance of existing infrastructure. The total FY 2025 proposed budget for Capital Improvement Program is $1,008.7M, excluding transfers from other funds it would be $867.6M. Below is a summary of the funding and position counts that would be authorized by the FY 2025 proposed budget. FUND FY 2025 AUTHORIZED POSITIONS PROPOSED BUDGET Capital Projects $1,008,689,147 - Total $1,008,689,147 - Hotel Occupancy Tax: In Corpus Christi, a 15% Hotel Occupancy Tax(HOT) is charged on all overnight stays: the City of Corpus Christi receives Local HOT of 7%; the State receives SHOT of 6%, then sends 1/3 of that to the City of Corpus Christi for beaches; and the Convention Center receives 2%. Local HOT must be collected from all guess who rent a room or space in a hotel costing $2 or more each day. State HOT must be collected from all guests who rent a room or space in a hotel costing $15 or more each day. The total FY 2025 proposed budget for the Hotel Occupancy Tax Fund is $24.5M. Below is a summary of the funding and position counts that would be authorized by the FY 2025 proposed budget. FUND FY 2025 AUTHORIZED POSITIONS PROPOSED BUDGET Hotel Occupancy Tax $24,527,325 11 Total $24,527,325 11 Proposed Budget Wrap-up: The fifth workshop will also include a discussion with the City Council on any potential budget amendments resulting from the seven public input sessions and the five City Council Budget work sessions. A summary of all amendments will be presented to the City Council at the first reading of the FY 2025 budget on September 3, 2024. Final reading will take place on September 10, 2024. LIST OF SUPPORTING DOCUMENTS: PowerPoint - not attached • Capital Improvement Plan • Hotel Occupancy Tax • Budget Wrap-Up