Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Farmers Branch staff outline FY 2024–25 budget timeline, warn of sales‑tax dip and limits under SB2
Summary
City finance staff presented a budget kickoff calling for public hearings and a town hall this summer, projected a roughly $1 million drop in sales tax for FY2024–25 from a $23 million baseline, and cautioned the council about constraints from Senate Bill 2’s 3.5% maintenance-and-operations cap.
Tammy Zimmerman, identified in the transcript as Director of Finance, opened the council’s budget kickoff on May 21, saying “it’s officially budget season” and outlining a timeline that will post a draft budget July 30, hold a budget town hall Aug. 27 and target final adoption Sept. 17.
Zimmerman told council staff are currently tracking about $23,000,000 in sales tax revenue for the fiscal year and are projecting roughly $1,000,000 less for the 2024–25 budget cycle. She…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
