The Clayton City Council budget, by the numbers.

“The next item on our agenda is a second reading of our fiscal year 2026 budget, our operating and capital improvements budget.”

“And then when we went through the budget amendment last time, These things got moved to the next fiscal year.”

“So this is a continuation of discussion we had at the last meeting We did send out some supplemental information last week that tried to explain the differences between what we thought would be the fund balance at the end of fiscal year 24…”

“So where that would show up is, so what you do see in the budget is we have the adopted amount for, let's go back to fiscal year 24, the adopted amount for fiscal year 24.”

“Funding for this project in fiscal year 2023 budget is being provided by the 2014 bonds, the amount of $100,000.”

“- Adopted revenue — Property Tax, all funds (FY2026): $10,981,805 - Adopted revenue — Sales & Use Tax*, all funds (FY2026): $12,888,838 - Adopted revenue — Utility Tax & Franchise Fees, all funds (FY2026): $5,680,503 - Adopted revenue…”

“- Revenue - Property taxes, all governmental funds (FY2024): $9,716,642 - Revenue - Special assessments, all governmental funds (FY2024): $100,593 - Revenue - Sales taxes, all governmental funds (FY2024): $11,882,392 - Revenue - Licenses…”

“- Revenue - Property taxes, all governmental funds (FY2022): $9,854,654 - Revenue - Special assessments, all governmental funds (FY2022): $99,376 - Revenue - Sales taxes, all governmental funds (FY2022): $10,524,550 - Revenue - Licenses…”

“- Revenue - Property taxes, all governmental funds (FY2023): $9,390,375 - Revenue - Special assessments, all governmental funds (FY2023): $98,504 - Revenue - Sales taxes, all governmental funds (FY2023): $11,195,173 - Revenue - Licenses…”

“As part of the property tax levy process, the board is holding a public hearing to seek public input on the proposed tax rates.”

“And then the only other thing that I noticed going through this and then the budgetary stuff later is that salaries and benefits were up.”

“The monthly retirement benefit is based on the final average salary, which is calculated as the greater of the top pay range of a police officer/firefighter or of the actual highest five-year average annual salary out of the last ten years.”

“The City participates in a deferred compensation plan under Internal Revenue Code Section 457.”

“And then the only other thing that I noticed going through this and then the budgetary stuff later is that salaries and benefits were up.”

“Okay, city manager report, starting with the salary range adjustments.”

“MAJOR GOVERNMENTAL FUNDS CAPITAL PROJECTS FUNDS Capital Projects Funds are used to account for financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by Proprietary Funds).”

“thank you no other questions remind me again how we paint how we're paying for this so we are paying our portion out of the capital improvement fund okay so there's roughly five hundred thousand dollars that the city of clayton's…”

“MAJOR GOVERNMENTAL FUNDS CAPITAL PROJECTS FUNDS Capital Projects Funds are used to account for financial resources to be used for the acquisition or construction of major capital facilities.”

“The capital improvement plan that was sent out today, just the five-year version, you kind of got a 10-year outlook previously.”

“- Capital project — Shaw Park Tennis Center Lighting, FY2026: $700,000 - Capital project — Central Business District Resurfacing Phase 2, FY2026: $1,678,921 - Capital project — Sidewalks, Curbs & Accessibility Improvements, FY2026…”

“So we do have a fund balance policy in place, and our reserves is another way to put it.”

“We're gonna go into our fund balance to use some of those reserves we'll pull 2.1 million out and we'll balance the budget that way.”

“So we're going to draw from that fund balance or from those reserves in order to balance that amount because we have to prepare a balanced budget.”

“But to give you that snapshot again, as if the tornado hadn't occurred and we weren't designing anything in Shaw Park, 87% is where we would be with our overall fund balance.”

“It also enables us to just keep that healthy fund balance that we've had in the past so that when things like this happen, we've got the money to deal with it.”