SAN BENITO — The city’s proposed $13.4 million general fund budget would fund the salaries of four new employees, including a new city planner.
Before a workshop last night, Finance Director Belen Peña said she’s also projecting $13.4 million in expenditures.
“It’s a balanced budget,” she said.
The proposed budget, she said, would come with a $4.2 million cash reserve fund capable of operating the city for 120 days in case of an emergency.
The proposed budget compares with the city’s current $12.8 million general fund budget.
During the workshop, City Manager Manuel De La Rosa said he plans to keep the city’s property tax rate at 72 cents per $100 valuation.
“We’re going into another fiscal year very conservatively,” he told commissioners.
De La Rosa credited AEP Texas’ new $10 million Service Center and the new Resaca Village subdivision for helping to boost revenues.
“Property values have gone up,” he said. “We’ve seen a steady increase and the revenue stream has been better than projected. We anticipate we’ll be seeing more developments.”
As part of the proposed budget, officials are setting aside $40,000 to hire a city planner, $37,000 to fund the salaries of two parks employees and $9,000 earmarked to hire a part-time library clerk, Peña said.
Meanwhile, she said, officials are also setting aside $1.7 million to fund street maintenance.
Under the proposed budget, she said, officials don’t plan to make capital expenditures.
During the workshop, commissioners discussed giving the city’s employees 3 percent raises.