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02.25.2025 Town Council Minutes Work Session0.04 PRLSPER A Place Where Everyone Matters Call to Order/ Roll Call. The meeting was called to order at 5:02 p.m. Council Members Present: Mayor David F. Bristol Mayor Pro -Tern Marcus E. Ray Deputy Mayor Pro-Tem Amy Bartley Councilmember Craig Andres Councilmember Chris Kern Councilmember Jeff Hodges Councilmember Cameron Reeves Staff Members Present: Mario Canizares, Town Manager Terry Welch, Town Attorney Michelle Lewis Sirianni, Town Secretary Bob Scott, Deputy Town Manager Chuck Ewings, Assistant Town Manager Robyn Battle, Executive Director Hulon Webb, Director of Engineering Carrie Jones, Public Works Director Chris Landrum, Finance Director Colin Ashby, Budget Officer & Grants Administrator Tony Luton, Human Resources Director David Hoover, Development Services Director Wilson Haynes, Senior Communications Specialist Stuart Blasingame, Fire Chief Scott Brewer, Assistant Police Chief Items for Individual Consideration: MINUTES Prosper Town Council Work Session Prosper Town Hall — Council Chambers 250 W. First Street, Prosper, Texas Tuesday, February 25, 2025 Discussion regarding the Town's multi -year financial projections and Budget Adoption Calendar. (CL) Mr. Landrum introduced the item noting with the start of the new budget season, the items presented will help establish work plans in the budget preparations. Mr. Landrum outlined upcoming key calendar dates, projected General Fund revenues and expenditures, debt service levels, capital dedicated monies, projected property valuations, tax rate, sales tax projections, and Utility Fund assumptions. The Town Council discussed General Fund revenues and expenditures, the Town's debt service capacity, property valuations, tax rate, and budget calendar timeline. EXECUTIVE SESSION: Recess into Closed Session in compliance with Section 551.001 et seq. Texas Government Code, as authorized by the Texas Open Meetings Act, to deliberate regarding: Page 1 of 2 Section 551.087 — To discuss and consider economic development incentives and all matters incident and related thereto. Section 551.072 — To discuss and consider the purchase, exchange, lease, or value of real property for municipal purposes and all matters incident and related thereto. Section 551.074 — To discuss and consider personnel matters and all matters incident and related thereto. Section 551.089 - To deliberate security information collected, assembled, or maintained by or for a governmental entity to prevent, detect, or investigate criminal activity, pursuant to Section 2059.055 of the Texas Government Code, and all matters incident and related thereto. Section 551.074 - To discuss and consider personnel matters, including the annual evaluation of the Town Manager, Town Attorney, and the Municipal Judge, and all matters incident and related thereto. Section 551.071 - To consult with the Town Attorney regarding legal issues associated with code enforcement activities and substandard structures, law enforcement activities, and all matters incident and related thereto. Section 551.071 — Consultation with the Town Attorney to discuss legal issues associated with any agenda item. Reconvene into Work Session. No Executive Session took place. No action was taken. Adjourn. The meeting was adjourned at 6:00 p.m. These minutes were approved on the 11 th day of March 2025. ATTEST: Michelle Lewis Sirianni, Town Secretary APPROVED: —D.Aor— —IAw David F. Bristol, Mayor -4XAIS Page 2 of 2