Weatherford Democrat

Local News

August 31, 2012

Weatherford budget on track for the year

WEATHERFORD — City of Weatherford is in good budgetary shape heading into the final two months of the Fiscal Year 2011-12 budget, city council members found out Tuesday night.

Director of Management and Budget Chad Janicek gave the July financial report and said the city had collected 88 percent of its revenues for the year with 83 percent of the year gone while only using 78 percent of its budgeted expenditures.

Property tax collections through July are at $5.06 million, or 102.5 percent of budget. According to a staff report, the number could eventually reach 103 percent by the end of the year. The city budgeted $24.8 million in revenue for the year and has received $21.8 million to date.

Sales tax collections through July are at $8.04 million, or about 93 percent of the budgeted $8.7 million, Janicek said. Fines and building permit revenue continue to trend downward, with year to date collections at 58 and 51 percent of the budget, respectively.

The city’s hotel/motel tax fund revenues continue the trend up from last year. With two months left, the city has already collected $432,934 of its budgeted $455,300, or about 95 percent of revenue. Ninety-four percent of expenditures have already been used.

Officials from the state comptroller’s office said taxable hotel and motel receipts are up 29 percent over the same month last year, Janicek said.

Projected overall reestimates have the city ending the year 2 percent over budget in revenues and 2 percent under budget in expenditures.

The council also approved a new fee schedule for fiscal year 2012. Most of the fees will remain the same except for an increase in the utility security deposits which will provide more stability for the city’s Municipal Utility Fund in the event a customer enrolled after the Sept. 1 effective due date leaves unpaid utility bills.

Council authorized the city manager to accept a contract from the Texas Department of Information Resources for public safety technology and equipment for the police department. Mobile data terminals and in-car video surveillance equipment is nearing its life expectancy.

The city will be spending about $341,000 of budgeted funds for the project.

In other news, council members:

• Adopted an ordinance establishing speed limits during specific times on West Water Street adjacent to the Weatherford ISD Travis Family Center. Between the hours of 7 and 8 a.m. and 1 to 2 p.m. the speed limit is 20 mph beginning at the east right of way of Bryan down Water to Hobson Streets.

• Authorized the placement of a stop sign on Carlisle Drive at the Dicey Road intersection.

1
Text Only
Local News
  • Pair charged with assaulting kids

    Two Weatherford teens were arrested last week on charges of chasing down two bicycle-riding children in a car and assaulting them in a church parking lot, where the encounter was recorded.

    April 17, 2014

  • easter basket.jpg Easter egg hunt times, locations

    Following is information provided to the WD on four local Easter egg hunts and celebrations planned for Friday and Saturday:

    April 17, 2014 1 Photo

  • 2014 ACSI High School District Art Show Winners.jpg Weatherford Christian announces ACSI Art Show winners

    April 17, 2014 2 Photos

  • Larue, Jeffrey.jpg Wanted sex offender found in Weatherford

    A sex offender reportedly sought by Hood County authorities after failing to register as required was found in a Weatherford hotel last week, police say, after exposing himself to an employee.

    April 16, 2014 1 Photo

  • 0415 loc WC choir.jpg WC choir presents the works of Eric Whitacre

     The Weatherford College Choir will showcase the music of composer Eric Whitacre on Tuesday, April 29. The concert begins at 7:30 p.m. in the Alkek Fine Arts Center. Doors open at 7 p.m., and the show is free.

    April 16, 2014 1 Photo

  • Greenwood Horse Trials to begin May 2

    The annual Greenwood Farm, Inc. International Horse Trials kick off Friday, May 2.

     

    April 16, 2014

  • Bob Tallman Speaking at Chapel.jpg Tallman speaks at WCS chapel

    World renowned Rodeo Announcer Bob Tallman, better known as the “Voice of Professional Rodeo,” stopped by Weatherford Christian School’s elementary campus april 10 to speak to over 150 students in grades Pre-K through 6th at their bi-weekly chapel. 

    April 16, 2014 2 Photos

  • 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

  • 0416 loc WISD new HR director.jpg Chapman named WISD’s new Human Resources director

    Members of the Weatherford ISD Board of Trustees last week approved Monty Chapman as the district’s new executive director of Human Resources.

    April 15, 2014 1 Photo

  • Accidental shooting reported

    Parker County deputies say a shooting that injured a man in the 8500 block of FM Road 1886 shortly after 5 p.m. Friday was reported to be accidental. 

    April 15, 2014

Must Read
Top News
House Ads
AP Video
Obama Hopeful on Ukraine, Will Watch Russians Flamingo Frenzy Ahead of Zoo Construction Crew Criticized Over Handling of Ferry Disaster Agreement Reached to Calm Ukraine Tensions Raw: Pope Francis Performs Pre-easter Ritual Raw: Bulgarian Monastery Dyes 5000 Easter Eggs Diplomats Reach Deal to Ease Tensions in Ukraine U.S. Sending Nonlethal Aid to Ukraine Military Holder: Americans Stand With KC Mourners Obama Greets Wounded Warriors Malaysia Plane: Ocean Floor Images 'Very Clear' Sparks Fly With Derulo and Jordin on New Album Franco Leads Star-studded Broadway Cast Raw: Two Lucky Kids Get Ride in Popemobile Boston Bombing Survivors One Year Later Sister of Slain MIT Officer Reflects on Bombing