07.19.2005 Town Council Minutes Work Sessionr
TOWN OF
SPE
1. Call to Order / Roll Call.
Meeting was called to order at 8:31 p.m.
Roll call was taken by the Town Secretary
Minutes (approved)
Budget Work Session of the Prosper Town Council
601 South Church Street
Prosper First Baptist Church Children's Building (S. Wing)
Tuesday, July 19, 2005 at 6:00 p.m.
Council present included: Mayor Charles Niswanger, Mayor Pro -Tem Lisa Dritschler, Dave Turley, Kevin Drown, Mike Wadsworth, and
David Bristol.
Staff present included: Town Administrator, Doug Mousel; Executive Director of the Prosper Economic Development Corporation (PEDC),
Karen Gandy; Finance/Business Manager, Ron Butler; and Town Secretary, Shanae Jennings.
2. Discuss the Town's proposed FY 2005.2006 budget.
The Executive Director of the PEDC requested a full time assistant for the PEDC which will also include benefits for that position. Other
large expenditures include a request for general planning and consulting fees related to Blue Star TIRZ, attorney's fees, and promotional
expenses.
Council discussed in general whether or not they wanted to cut the tax rate. The consensus of the Council was to direct staff to modify the
budget to fall in line with a potential tax rate estimated at 40.19/$100 of assessed value. Though Council may not necessarily set the rate
)40.19/$l 00, the budget will be set at that level for review at the next Council meeting.
3. Adjourn
Motioned by David Bristol, seconded by Mike Wadsworth to adjourn. Motion approved 5-0. Meeting was adjourned at 9:45 p.m.
Attest:
anae Jennings, T n Secretary
-e�
Charles Niswanger, Mayor
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