CM 2024-07-22 (Budget WKS)255 E. Parkway Boulevard
Coppell, Texas
75019-9478
City of Coppell, Texas
Minutes
City Council
6:00 PM 2nd Floor Conference RoomMonday, July 22, 2024
Budget Work Session
WES MAYS KEVIN NEVELS
Mayor Mayor Pro Tem
JIM WALKER RAMESH PREMKUMAR
Place 1 Place 5
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;Ramesh Premkumar;Biju Mathew and Mark Hill
Present 8 -
Also present were Deputy City Manager Traci Leach, City Secretary Ashley Owens,
Director of Strategic Financial Engagement Kim Tiehen, Budget Officer Jesica
Almendarez, and Business Analyst Jerry Young.
The City Council of the City of Coppell met in Regular Session on Monday, July 22,
2024, at 6:00 p.m. in the 2nd Floor Conference Room at Town Center, 255 Parkway
Boulevard, Coppell, Texas.
Work Session (Open to the Public)
Call to Order1.
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’ Appearance2.
Mayor Wes Mays advised that no one signed up to speak.
3.Introduction of the General Fund and Debt Service Fund.
Page 1City of Coppell, Texas
July 22, 2024City Council Minutes
Presentation: Kim Tiehen, Director of Strategic Financial Engagement,
provided a presentation and answered questions from Mayor and City Council.
4.Presentation and discussion regarding assessed valuation and tax rate.
Presentation: Kim Tiehen, Director of Strategic Financial Engagement,
provided a presentation and answered questions from Mayor and City Council.
5.Presentation and discussion regarding the General Fund:
A. Revenue Summary
B. Expenditure Summary
C. Capital Outlay
Presentation: Kim Tiehen, Director of Strategic Financial Engagement,
provided a presentation and answered questions from Mayor and City Council.
6.Presentation and discussion regarding Mayor and City Council Budget.
Presentation: Kim Tiehen, Director of Strategic Financial Engagement,
provided a presentation and answered questions from Mayor and City Council.
Mayor Wes Mays recessed the meeting at 7:37 p.m. for a break, and
reconvened back into the Work Session at 7:45 p.m.
7.Presentation and discussion regarding the Debt Service Fund:
A. Revenue Summary
B. Expenditure Summary
Presentation: Kim Tiehen, Director of Strategic Financial Engagement,
provided a presentation and answered questions from Mayor and City Council.
8.Discussion regarding Fund Balance Policy.
Presentation: Kim Tiehen, Director of Strategic Financial Engagement,
provided a presentation and answered questions from Mayor and City Council.
9.Review and Discussion regarding the initial proposed budget.
Presentation: Jesica Almendarez, Budget Officer, provided a presentation and
answered questions from Mayor and City Council.
10.Discussion regarding General Fund and Debt Service Fund.
Presentation: Kim Tiehen, Director of Strategic Financial Engagement,
provided a presentation and answered questions from Mayor and City Council.
Citizens’ Appearance11.
Mayor Wes Mays asked for those who signed up to speak:
1) Dave Shauff, 215 Westwind, spoke in regards to the budget.
2) Jeff Varnell, 1601 E Sandy Lake Rd, spoke in regards to the budget.
Page 2City of Coppell, Texas
City Council Minutes July 22,2024
I
Ohm12. A+journment
There being no further business before the City Council,the meeting was
adjourned at 8:37 p.m.
. 11..= _
Wes Mays, Mayor
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As ley Owenoity Secretary
City of Coppell,Texas Page 3