Muyni
← Back to Huntsville

City Council Finance Committee

Regular Meeting

Huntsville, TX · May 5, 2020

AgendaMinutes

Minutes

Finance Committee Minutes May 5, 2020 Members Present: Joe Rodriquez, Paul Davidhizar, Russell Humphrey and Dee Howard Mullins Staff Present: Aron Kulhavy, Steve Ritter, Ram Ramachandra and Brent Sherrod The agenda items discussed were: • Approved the minutes from the April 21, 2020 meeting. • Approved the budget amendments to be presented to the full council on May 19th. Ram went into details on the CIP budget amendments and the water line repairs/replacement to benefit SHSU. One of the proposed water lines mentioned in the Budget Amendment dead ends at the SHSU location. Ram indicated that this line segment is in bad shape and that the line actually has a bottle neck in the line where it goes from a 8 inch line to a 6 inch line. Brent Sherrod discussed the possibility of when the new low-pressure system is placed in service that we may have many of the old lines fail, which will call for immediate repairs. • Steve lead the discussion on the recommended/proposed FY 21 Fee Schedule changes. The proposed wastewater rates were discussed in detail. • Aron indicated that the General Fund has a healthy fund balance. The General Fund balance is $12.7 million (this is the final FY 19 audit number). Restricted reserves are $6.5 million, which is a 90-day operating amount. The unrestricted reserve is $6.2 million and that we could use some of the unrestricted reserves to balance the FY 20 budget if we have a downfall in the GF revenues. • Aron indicated that another shortage may be with the Hotel/Motel funds due to travel restrictions enforced from the COVID -19. Aron indicated that he did not foresee any reductions in the HOT fund, but we would watch it closely. Aron reminded the council members that we had a surplus of $100k of revenues over expenditures in the FY 20 budget hopefully that we balance the HOT fund. • Aron indicated that the Enterprise funds are ok. The Utility fund (Water and Wastewater) biggest customer is TDCJ. We will have a decline in revenues from SHSU due to the campus closure. The solid waste fund is right on track

Agenda

CITY OF HUNTSVILLE, TEXAS Andy Brauninger, Mayor Joe P. Rodriquez, Ward 4, 2020 Chairman Paul Davidhizar, At-Large Position 1 Dee Howard Mullins, At-Large Position 2 Russell Humphrey, Ward 2 HUNTSVILLE CITY COUNCIL FINANCE COMMITTEE AGENDA TUESDAY, MAY 5, 2020 - 8:30 A.M. CITY COUNCIL CONFERENCE ROOM HUNTSVILLE CITY HALL, 1212 AVENUE M, HUNTSVILLE, TEXAS 77340 Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary’s office (936.291.5413), two working days prior to the meeting for appropriate arrangements. 1. CALL TO ORDER 2. DISCUSSION/CONSIDERATION The Finance Committee will hear presentations, discuss and may consider recommendations to the City Council on the following items. a. Approve minutes of April 21, 2020 meeting b. Budget Amendments c. Discuss proposed changes to Fee Schedule for FY 20-21 Budget d. Discussion of Prop 2 debt and possible issue of CO debt and possible use of Unallocated Reserve of General Fund and potential CIP projects related to each (CO debt and use of UAR) 3. ADJOURNMENT It is possible that a quorum of the City Council may be present, but the Council will not be deliberating or taking any action at this meeting. Councilmembers in attendance who are not members of the Finance Committee will not offer comment or otherwise participate in the Finance Committee meeting. CERTIFICATE I, Brenda Poe, do hereby certify that a copy of the May 5, 2020, Finance Committee Meeting Agenda was posted on the City Hall bulletin board, a place convenient and readily accessible to the general public at all times, and to the City’s website, www.HuntsvilleTX.gov, in compliance with Chapter 551, Texas Government Code. DATE OF POSTING: 5/1/2020 Brenda Poe ______________________________________ TIME OF POSTING: 1:40 pm Brenda Poe, City Secretary DATE TAKEN DOWN:

Get email alerts for Huntsville

A daily email when new agendas and minutes are posted.

Report an issue with this meeting