Budget & Tax Rate

Overview

As Mayor, I am proud to present the budget for the City of Meadows Place for Fiscal Year (FY) 2019-2020.    This budget is the result of input from Citizens, Council, Department Heads and Staff.  It represents long hours of hard work and the dedication of many. Late Spring signals the time to begin the annual budget process which carries on throughout the summer. This is done to determine and prioritize the needs of the City. Budget requests are based on the obligations, programs and priorities that the City Council has discussed or committed to in the past. A recommended budget is formed based on the projected revenue and is then submitted to the citizens and the City Council. Council works with both the Mayor and Department heads in a collaborative effort to determine the most effective use or our tax dollars. After input from the public, the Council has the opportunity to revise the budget to conform with its objectives.

More than ever, the budget is a planning tool, providing guidance and direction to city staff throughout the budget year. It addresses the goals and objectives set by City Council, meets the criteria of the Meadows Place Vision Statement, and maintains the safety standards set forth by our citizens.

The City of Meadows Place is proposing a budget that was developed using a conservative approach as has been our practice in years past yet is able to assure city services and continued progress. To assist in comparative analysis, we have this year’s and last year’s budgets side by side.

This budget was developed with a goal of greater accountability and responsibility on the part of all departments – and we believe we met that that goal. The proposed 2019-2020 Budget reflects requests by residents for more Police and Dispatch coverage. The proposed rate will fund two full time officers, one part time officer and additional dispatch coverage. 

The Budget Process

Each Department Head worked diligently to prepare this budget.

There were multiple departmental budget meetings, first with the Mayor and then with Mayor and Council collectively. Each and every budget line item was examined, scrutinized and justified to see how we could make the budget requests meet the city’s vision and still fit within the projected revenue forecasts.

The proposed budget is posted on city’s web site for the public to review and is also available for viewing in the City Secretary’s office.

Tax Rate

This budget is based on a tax rate of $0.92 per $100 of assessed value.  Note: there are no additional MUD, HOA or Levy District taxes in the City of Meadows Place.

Thank You, and please feel free to contact me if you have any questions regarding the budget, tax rate or finances of the city.

Charles D. Jessup IV – Mayor 

 

To view the Budget for the City of Meadows Place, you will need Adobe Acrobat Reader.  

Please click the links to view the 2019-2020 Proposed Municipal City Budget to be adopted September 24, 2019

2019-2020 Proposed City Budget       2019-2019 Proposed City Budget Charts

 2018-2019 Adopted City Budget.   View 2018-2019 City  Budget Charts.

2018-2019 Adopted EDC Budget

The following summary data is from the City’s  2017-2018 Financial Report .


Previous City Budgets for  Meadows Place. 

2017-2018 Adopted City Budget.   View 2017-2018 City Budget Charts.

2016-2017 Adopted City Budget.   View 2016-2017 City Budget Charts.


Previous EDC Budgets for Meadows Place.

2017-2018  Adopted EDC Budget

2016-2017 Adopted EDC Budget

2015-2016 Adopted EDC Budget


Prior Financial Statements

City of Meadows Place 2016-2017 Financial Report

City of Meadows Place 2015-2016 Financial Report

City of Meadows Place 2014-2015 Financial Report

City of Meadows Place 2013-2014 Financial Report

City of Meadows Place-2012-2013 Financial Report

City of Meadows Place 2011-2012 Financial Report

City of Meadows Place 2010-2011 Financial Report