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CM 2023-07-18 (Budget WKS)255 E. Parkway Boulevard Coppell, Texas 75019-9478 City of Coppell, Texas Minutes City Council 6:00 PM 2nd Floor Conference RoomTuesday, July 18, 2023 Budget Workshop WES MAYS JOHN JUN Mayor Mayor Pro Tem JIM WALKER KEVIN NEVELS Place 1 Place 4 BRIANNA HINOJOSA-SMITH BIJU MATHEW Place 2 Place 6 DON CARROLL MARK HILL Place 3 Place 7 MIKE LAND City Manager Wes Mays;Jim Walker;Brianna Hinojosa-Smith;Don Carroll;Kevin Nevels;John Jun;Biju Mathew and Mark Hill Present 8 - Also present were Deputy City Managers Kent Collins and Traci Leach, Deputy City Secretary Sara Egan, Director of Finance Kim Tiehen, and Budget Officer Jesica Almendarez. The City Council of the City of Coppell met in Regular Session on Tuesday, July 18, 2023, at 6:00 p.m. in the 2nd Floor Conference Room at Town Center, 255 Parkway Boulevard, Coppell, Texas. Call to OrderI. Mayor Wes Mays called the meeting to order, determined that a quorum was present and convened into the Work Session at 6:00 p.m. Citizens’ AppearanceII. No one signed up to speak. III.Introduction of the General Fund and Debt Service Fund. Presentation: Kim Tiehen, Director of Finance, provided a presentation. Page 1City of Coppell, Texas July 18, 2023City Council Minutes IV.Presentation and discussion regarding assessed valuation and tax rate. Presentation: Kim Tiehen, Director of Finance, provided a presentation and answered questions from Mayor and City Council. V.Presentation and discussion regarding the General Fund: A. Revenue Summary B. Expenditure Summary C. Capital Outlay Presentation: Kim Tiehen, Director of Finance, provided a presentation and answered questions from Mayor and City Council. VI.Presentation and discussion regarding Mayor and City Council Budget. Presentation: Kim Tiehen, Director of Finance, provided a presentation and answered questions from Mayor and City Council. VII.Presentation and discussion regarding the Debt Service Fund: A. Revenue Summary B. Expenditure Summary Presentation: Kim Tiehen, Director of Finance, provided a presentation and answered questions from Mayor and City Council. VIII.Discussion regarding Fund Balance Policy. Presentation: Kim Tiehen, Director of Finance, provided a presentation and answered questions from Mayor and City Council. IX.Review and Discussion regarding the initial proposed budget. Presentation: Jesica Almendarez, Budget Officer, provided a presentation and answered questions from Mayor and City Council. X.Discussion regarding General Fund and Debt Service Fund. Presentation: Kim Tiehen, Director of Finance, provided a presentation and answered questions from Mayor and City Council. Citizens’ AppearanceXI. No one signed up to speak. AdjournmentXII. There being no further business before the City Council, the meeting was adjourned at 7:20 p.m. Page 2City of Coppell, Texas City Council Minutes July 18,2023 I n __)I k' // John J n, Mayo Pr41 em ATT T: Sara Egan, Deputy Ci Secretary I I City of Coppell,Texas Page 3