Weatherford Democrat

Aledo ExtrA

September 3, 2013

Hudson Oaks OKs $2.12M budget

By BRIAN SMITH

HUDSON OAKS — A $2.12 million general fund budget for Fiscal Year 2014 has been approved by city council members.

Two budget discussions were held in June and July with council members able to meet with City Administrator Patrick Lawler on an individual basis in early August to discuss potential changes, of which none were made. A public hearing on the budget was held Thursday before final acceptance and no one spoke on the subject.

The budget is actually about $1,700 less than last year’s projected budget. Expected revenue comes in at $2,120,254 with expenditures at $2,096,567. The $23,687 surplus will increase the fund balance to $763,157, or about 36 percent of the budget. Thirty percent of a budget is required in the fund balance by law.

Some of the expected increase in revenue comes from expected strong showing in building permit fees. Lawler said as of July, permits for 29 new homes were pulled, compared to 10 for all of last year.

Highlights of the budget include the purchase of two new police vehicles, according to Lawler. The city will then sell the other two vehicles at auction, Lawler said.

Expenses are expected to grow by four percent over last year’s budget with the bulk of that coming via an additional $41,000 being spent on roads this year. The focus of the road budget is on Oakridge Drive construction project. Lawler said how much of the road is complete will depend on the cost with the possibility of road work moving on into the FY 2015 budget.

“Engineering work will begin in October with expected construction to begin in August 2014,” Lawler said.

the city is expecting a three percent sales tax increase, or about  $50,000 over last year, Lawler said. The increase is “conservative” as the city saw a four percent increase in sales tax from 2012 numbers.

In its five-year plan, Lawler says the forecast is for no ad valorem, or property, taxes. Having a five-year plan has a benefit of the city being able to recognize the need for property taxes far in advance, Lawler said.

City employees will receive a two percent cost of living allowance plus the ability to receive up to an additional two percent in merit increases, given out by department heads. A vacation buyback program is being implemented to allow employees to sell some of their vacation time.

Lawler said with the city having a small staff, overtime costs can go up when employees go on vacation and their position needs to be filled. Lawler said about half the employees are eligible, or have enough hours to sell, for the program.

The budget will go into effect Oct 1.

1
Text Only
Aledo ExtrA
  • IMG_7134.JPG Despite cold, peach crops looking rosy

    Parker County peach growers won’t know for sure for a few more days, but as of Wednesday, one day after April temperatures plummeted into the low 30s, they’re predicting a good, even rosy, peach harvest for this year’s Parker County Peach Festival.

    April 16, 2014 1 Photo

  • Aledo ISD "Shattered Dreams" and parent workshop

    Aledo ISD high school students will get a taste of what it’s like to be in a car accident with fatalities Thursday, April 17th, and Friday, April 18th, as they participate in “Shattered Dreams,” a program designed to save lives. A parent workshop about the topics addressed in the program will be held from 7 p.m. to 9 p.m. Wednesday, April 17.

    April 16, 2014

  • Hitting the trail for MS

    STEPHENVILLE – The Cowboy Capital MS Trail Ride is a fun-filled event dedicated to raising funds that support national research into the cause and cure for Multiple Sclerosis as well as provide programs to more than 9,000 people in the Lone Star Chapter area whose lives are touched by MS.

    April 16, 2014

  • Parker County man killed in single-vehicle wreck

    A 60-year-old Parker County man was killed around 9:30 a.m. Tuesday in a one-vehicle crash in the 2100 block of FM Road 3325, also known as Farmer Road.

    April 15, 2014

  • hiebert_kim.jpg Aledo City Council Place 4 candidates for May 10 election

    Early voting for the May 10 general election begins April 28. Following is some information gathered from the candidates for the Place 4 Aledo City Council seat. Aledo Mayor Kit Marshall is running for re-election unopposed.

    April 15, 2014 2 Photos

  • Jean Bailey photo.jpg Aledo City Council Place 2 candidates

    Early voting for the May 10 general election begins April 28. Following is some information gathered from the candidates running for the Aledo City Council Place 2 seat. Aledo Mayor Kit Marshall is running for re-election unopposed.

    April 15, 2014 2 Photos

  • USAF photo.jpg USAF heroes to Ride for Heroes

    The 12th annual Ride for Heroes bike ride this Saturday in Aledo will include some VIPs: members of the United States Air Force Cycling Team.

    April 15, 2014 1 Photo

  • FM 5 intersection makeover

    City of Willow Park officials were recently told that a planned reconstruction of the intersection of Interstate 20 frontage roads and FM Road 5 now has funding from the state and is moving ahead.

    April 15, 2014

  • DSC_0074.JPG Bearcat Bootcamp holds successful fundraiser

    Bearcat Bootcamp, an Aledo fitness organization, held its first 1-mile Fun Run and Back the Bearcats 5K race April 5.

    April 15, 2014 1 Photo

  • Hearing held for Annetta Crime Control District

    The Crime Control and Prevention District proposed for the Town of Annetta — which voters have the chance to accept or reject in the May 10 election — moved forward last week with an April 7 public hearing.

    April 15, 2014

Must Read
Top News
House Ads
AP Video
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case