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Bay Area Houston
Seabrook City Council
by Garrett Bryce
Wednesday, September 27, 2017

Seabrook City Council, in a special meeting on Tuesday, voted unanimously to adopt, on first and final reading, the city's FY2018 Budget and the 5-year Capital Improvement Plan.

The FY2018 Budget includes total resoruces of $9,182,517, with expenditures projected to total $11,221,991. The city's fund balance is projected to remain $7,341,173, unchanged from FY2017, through the use of Enterprise Fund and other fund transfers. Financial Overview

The Capital Improvement Plan includes projects totaling $115,847,425 over the next five years, with $6,947,706 in projects planned for FY2018.

The city council voted to approve, on first and final reading, adoption of the Tax Ordinance, which sets the city's property tax rate at $0.419405 per $100 valuation for operation of the city and $0.155506 per $100 valuation for payments on the city's bonded indebtedness, for a total property tax rate of $0.574911.

The city council voted to amend the city's agreement with Cobb Fendley regarding the Hester's Gully Drainage Improvement Project, which is funded through Community Development Block Grant funds administered by the Texas General Land Office.

All items were approved. All votes were unanimous with Council Member Robert Llorente absent. Agenda




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