FY 2024-25 Adopted Budget Book

DATES

ACTIVITY

RESPONSIBLE PARTY CM Office, Finance & Asst. Director

February 1, 2024 February 15, 2024 March 1, 2024 March 19, 2024 April 4, 2024

1st Budget Team Meeting to discuss Budget Calendar Preliminary Estimated Payroll for Current Budgeted Positions Budget Kickoff Meeting (Deliverable: Budget Book)

Budget Staff

Budget Committee Team Finance Staff, CMO

DCAD Meeting

Deliverable: Electronic Training Manual

Finance Staff

Budget Prep Day--Training for staff, distribution of budget work papers, reports, and account numbers. Preliminary – Payroll Budgeted Positions worksheet and Wage/Benefit With proposed new positions for FY2025 One-on-one training for Departments as needed - Teleconference Operating Budgets & Supplemental forms for FY25 Proposed and FY26 Planning from Departments, DDC, and Animal Shelter are due to Finance

Finance Staff, Departmental Budget Staff

April 4, 2024

April 5, 2024

Human Resources

Finance Staff, Departmental Budget Staff

April 08-11, 2024

May 15, 2024

Department Heads

Finance Staff, Departmental Budget Staff

May 16-17/20-22, 2024 Finance Reviews Departmental Budget with Department Heads

May 31, 2024 May 31, 2024 June 7, 2024

Final Estimated Payroll for Current Budgeted Positions Final Departmental Budget Projections for FY 2025 due

Finance Staff

Department Heads

Tax Rate Adoption Calendar

Finance Staff

CM, Finance Staff, Department Heads

June 6,7, 17, 18, 2024 Department reviews with City Manager (Deliverable: CM Review Books)

June 18, 2024

Preliminary Budgets due to Joint Ventures (SWRCC, Jail, Animal Shelter) CM, Finance Staff

CM Office, Finance, Development Services, Public Utilities

Budget Training City Council / Town Hall with Citizens to Discuss Budget Process

June 20, 2024 June 27, 2024 June 28, 2024 June 28, 2024 July 11, 2024

Budget Workshop

Department Heads

Budget message from CM

CM

Submit Preliminary 2024 Tax Rate Calculation Data to Dallas County Tax Office

Finance Staff

Council, CM, Finance, Dept. Staff

Proposed Budget delivered to City Council

Deadline to submit Final 2024 Tax Rate Calculation Data to Dallas County Tax Office Receive the Certified Appraisal Roll: calculate the Effective Tax Rate by this date One and Half Day Council Budget Workshop – 5:30 pm on July 25, 2024 & 8:00am on July 26, 2024 (Public Meetings) Publish “No New Revenue and Voter Approval Tax Rates and Schedules” Resolution accepting tax roll, discuss tax rate, take record vote. Present final proposed budget to the City Council

July 19, 2024

Finance Staff

July 25, 2024

Finance Staff

Council, CM, Finance, and Dept. Staff

July 25-26, 2024

August 2, 2024

Finance Staff

August 20, 2024 August 21, 2024 September 3, 2024 September 17, 2024 September 17, 2024 October 1, 2024

Council, C2 Finance

Publish “Notice of Vote on Tax Rate”

Finance Staff

Public Hearing on Candle Meadow and Stillwater Canyon Assessment Rates

Council

Public Hearing on Tax Rate, Budget

Council Council

Adopt budget, CIP, tax rate, and Council Business Plan

Fiscal Year 2025 begins

All

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