The Fiscal Year for the City of Selma begins on November 1 and ends on October 31. The City Administrator is responsible for conducting the budget planning process, preparing budget forms, making revenue forecasts, and collecting all other types of financial information needed to compile the budget. After receiving budget requests from each department and compiling projected revenue figures, the City Administrator reviews the preliminary budget to ensure that revenues balance with expenditures. Once a preliminary budget is approved by City Staff and is briefed and conceptually approved by the Mayor, the preliminary budget is made open to the public on the City’s website and on-file with the City Secretary for inspection. This action must be made thirty (30) days prior to the date that the City Council makes its tax levy for the fiscal year. The proposed budget is voted on by the City Council at the regularly scheduled meeting in September.
City of Selma, Texas
The following statement is provided in accordance with State law:
This budget will raise more revenue from property taxes than last year's budget by anamount of $74,918, which is a 3.4 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $72,763.
Texas Local Government Code Section 102.008 (2) (B)
The City of Selma Fiscal Year 2018-2019 Annual Operating Budget was approved at the
September 13, 2018 City Council Meeting and Public Hearing. By record vote described by
Section 102.007 (d) (2) of the Texas Local Government Code, Mayor Pro Tem Jim Parma
voted Yes, Councilman John Sharp voted Yes, Councilman Kevin Hadas voted Yes,
Councilman Ken Polasek voted Yes, and Councilman Ken Harris voted Yes.