Lakeway City Council met in regular session on Monday, August 15. Here is a recap from that meeting:
INTERIM CITY MANAGER
City Council approved the Consent Agenda (7-0), which included selecting an Interim City Manager. City Manager Julie Oakley's final day with the City of Lakeway will be on Friday, Sept. 2, upon which time Assistant City Manager Joseph Molis will take over as Interim City Manager.
FINANCIAL REPORT
City Manager Julie Oakley gave an update on the City of Lakeway's financials so far this fiscal year, which ends on Sept. 30, 2022. In the past ten months of this current budget cycle, revenue remains ahead of budgeted expectations by $1,049,927, mainly due to higher-than-projected sales tax revenue and a large commercial permit payment. Expenditures continue running below budgeted expectations by $414,932, mainly due to salary savings.
AV ZONING ORDINANCE UPDATE
Following a presentation from Aviation Zoning Committee Chair Ron Massa, City Council voted in favor (7-0) of amending the ordinance pertaining to the Lakeway Airpark. There were additional amendments to the motion, which also included thanking and dissolving the AV Zoning Committee, since their work is complete. Additionally, the vote was made with the understanding that the enforcement piece would be put in. Otherwise, if the enforcement piece does not come, the item will be brought back to City Council before the effective date, which is set for Nov. 1, 2022.
DONATION
A $15,000 donation was made by Mayor & Mrs. Kilgore, which will go towards assisting with employee medical expenses and the victims assistance program. After a discussion regarding the pending revisions to the ethics ordinance, City Council voted (4-2) to accept the donation, with Mayor Kilgore not present, having removed himself from the Chamber to avoid any potential conflicts of interest associated with the agenda item.
TAX RATE PROPOSAL
City Council voted in favor (7-0) of proposing a maximum possible tax rate of .1290, which is about 17% lower than the current tax rate of .1545, and the lowest tax rate proposed in Lakeway's history. With this rate, the average homeowner would save about $40 a year on their City property tax bill. A public hearing will take place on September 12, with City Council voting to approve the FY 2023 budget and tax rate at the regular City Council meeting on Monday, Sept. 19, 2022.
TRANSPORTATION BOND
City Council voted to approve (6-1) a transportation bond that would go to the voters in November. The transportation bond totals $17.5 million and would include a variety of transportation projects including culvert upgrades, road maintenance work, and projects to improve connectivity.
CITY COUNCIL TIME CHANGE
City Council voted in favor (7-0) to move the time of the regular City Council meetings to begin at 6 p.m., instead of 6:30 p.m. The change will become effective Oct. 1, 2022.
WATER CONSERVATION
City Council voted in favor (5-2) of a resolution relating to securing the area's water supply by improving water management policies and promoting water conservation in the region and the Lower Colorado River Basin.
If you would like to review the agenda and watch the video from Monday night's City Council meeting, CLICK HERE.