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Ordinance 2026-40ORDINANCE NO.2026-40 AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR FISCAL YEAR 2026-2027, BEGINNING OCTOBER 1, 2026, AND ENDING SEPTEMBER 30, 2027; REPEALING ALL CONFLICTING ORDINANCES; CONTAINING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Manager and staff have prepared and filed with the City Secretary a proposed budget for operation of the City during Fiscal Year 2026-2027; and WHEREAS, the proposed budget appears to be in form and substance which fully complies with all applicable provisions of the City Charter and State law; and WHEREAS, the proposed budget has been available for public inspection and review; and WHEREAS, the City Council on September 8, 2026, conducted a public hearing to receive input from the citizens of the City concerning the content of the budget; and WHEREAS, the Council having considered the proposed budget at length, and having provided input into its preparation, has determined that the proposed budget and the revenues and expenditures contained therein is in the best interest of the City and therefore desires to adopt the same by formal action; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: Section 1. That the proposed budget of the revenues of the City and the expenses of conducting the affairs thereof, as summarized in the attached Exhibit A and fully incorporated herein by reference, be, and the same hereby is, completely adopted and approved as the Budget for the City for Fiscal Year 2026- 2027. Section 2. That the sum of one hundred eighty-three million, four hundred eighty-one thousand, seven hundred ninety dollars, $183,481,790 is hereby appropriated for the City's FY 2026-2027 Budget. These funds are payment of operating, capital, and debt service expenses associated with the operation and administration of the City according to the various purposes and intents described in the FY 2026-2027 budget document. Section 3. The specific authority is hereby given to the City Manager to transfer appropriations budgeted from an account classification or activity to another within any individual department or activity; and to transfer appropriations from designated appropriations to any individual department or activity as provided in the City Charter. Section 4. Should any paragraph, sentence, sub -division, clause, phrase or section of this ordinance be adjudged or held to be unconstitutional, illegal, or invalid, the same shall not affect the validity of this ordinance as a whole or any part or provision thereof, other than the part or parts as declared to be invalid, illegal, or unconstitutional. Section 5. This ordinance shall be in full force and effect from and after its adoption by the City Council pursuant to the law and the City Charter. Section 6. That all other ordinances and code provisions in conflict herewith are hereby repealed Ordinance No. 2026-40 Approval of FY 2026-2027 Budget Page 1 of 2 to the extent of any such conflict or inconsistency. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, on this the 8`' day of September, 2026. a atthew Porter, Mayor ATTEST: z,Z ek ieA Pe RAIiay 4 v Stephanie Storm, City Secretary ��NTL7 ®�� F Ve Ordinance No. 2026-40 Approval of FY 2026-2027 Budget Page 2 of 2 FY2027 PROPOSED BUDGET NOTICE FOR THE CITY OF WYLIE This budget will raise more total property taxes than last year's budget by $3,597,838 or 8.14%, and of that amount, $722,985 is tax revenue to be raised from new property added to the tax roll this year. NOTICE OF PUBLIC HEARING AND BUDGET SUMMARY FOR FY2027 CITY OF WYLIE NOTICE IS HEREBY GIVEN, pursuant to Article VII Section 3 of the City of Wylie City Charter, that the Wylie City Council will conduct a public hearing on the proposed City Budget for Fiscal Year 2027 on the 8th day September 2026, at 6:00 p.m. in the Council Chambers of the Wylie Municipal Complex, 300 Country Club Rd, Wylie, TX. Copies of the proposed budget are available for inspection by the public at the Rita and Truett Smith Public Library, the City Secretary's Office and the City Manager's Office during regular business hours, and can be viewed online at www.wylietexas. gov/departments/finance/budget.php. The following is a General Summary of the budget which has been proposed. SUMMARY OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE ALL OPERATING AND CAPITAL FUNDS FISCAL YEAR 2026-2027 BUDGET DEBT SERVICE FUNDS PROPRIETARY FUND SPECIAL CAPITAL GENERAL REVENUE G O DEBT 4B DEBT PROJECTS TOTAL ALL FUND FUNDS SERVICE SERVICE FUNDS UTILITY FUND FUNDS ESTIMATED BEGINNING BALANCES $ 23,635,393 $ 17,514,085 S 526,173 S 17,802 $ 50,767,863 $ 47,257,404 139,718,720 REVENUES: Ad Valorem Taxes 39,600,221 - 12,577,269 - - - 52,177,490 Non -Property Taxes 11,082,346 11,177,446 - 22,259,792 Franchise Fees 3,072,564 - 3,072,564 Licenses & Permits 596,700 60,000 656,700 Intergovernmental 4,289,478 - 1,581,690 - 5,871,168 Service Fees 7,532,772 1,270,000 1,250,000 37,677,853 47,730,625 Court Fees 363,800 29,100 - - - 392,900 Interest & Misc. Income 924,835 13,311,608 43,000 694,200 1,083,000 16,056,643 TOTAL REVENUES 67,462,716 25,848,154 12,620,269 3,525,890 38,760,853 148,217,882 Transfers from Other Funds 2,885,022 - - - - 2,885,022 Issuance of Long Term Debt - - - - 10,600,000 - 10,600,000 TOTAL AVAILABLE RESOURCES 93,983,131 43,362,239 13,146,442 17,802 64,893,753 86,018,257 301,421,624 EXPENDITURES: General Government 17,281,964 33,950 - - - - 17,315,914 Public Safety 43,230,513 155,000 43,385,513 Development Services 1,577,609 - 1,577,609 Streets 5,052,283 - 5,052,283 Community Services 5,728,611 7,828,202 13,556,813 Utilities - - - 33,956,599 33,956,599 Debt Service 12,427,912 - 1,420,543 13,848,455 Capital Projects - 36,630,751 1,690,140 38,320,891 Economic Development - 13,582,691 - - - 13,582,691 TOTAL EXPENDITURES 72,870,980 21,599,843 12,427,912 36,630,751 37,067,282 180,596,768 Transfers to Other Funds - - 2,885,022 2,885,022 ENDING FUND BALANCE $ 21,112,151 $ 21,762,396 $ 718,530 S 17,802 $ 28,263,002 $ 46,065,953 117,939,834 TOTAL REVENUES $ 161,702,904 NET DECREASE (INCREASE) IN FUND BALANCE 21,778,886 TOTAL APPROPRIABLE FUNDS $ 183,481,790