May 26, 2026 Board of Mayor and Aldermen - VIDEO

[* A portion of this meeting is without audio *]

[7 CITIZENS COMMENTS]

[00:06:27]

JOBS. THIS COUNCIL HAS ALREADY ISSUED A WARNING TO MY PROPERTY MANAGER WITH NO AVAIL. SO

[00:06:35]

I'M DOCTOR LASAGNA HALL. MY ADDRESS IS 260 DUBOIS DRIVE, MEMPHIS, TENNESSEE, 38109. AND I AM HERE SIMPLY JUST TO INTRODUCE MYSELF. I'VE HAD A WONDERFUL OPPORTUNITY TO WORK WITH MAYOR FRAZIER AND OTHER MUNICIPAL MAYORS. I CURRENTLY SERVE EACH OF YOU AS THE DEPUTY CHIEF ADMINISTRATIVE OFFICER FOR SHELBY COUNTY GOVERNMENT. AND IN THAT CAPACITY, I HAVE SERVED YOU AS YOUR HEALTH DEPARTMENT DIRECTOR OF PUBLIC WORKS DIRECTOR, WORKFORCE DEVELOPMENT DIRECTOR, AND IN SOME CAPACITIES, PARKS AND NEIGHBORHOODS. I AM HERE SIMPLY TO INTRODUCE MYSELF AS A CANDIDATE FOR SHELBY COUNTY CLERK. I BRING TO YOU OVER 25 YEARS OF SENIOR EXECUTIVE EXPERIENCE. I AM LEAN SIX SIGMA TRAINED, AND I OFFER TO THE CITIZENS OF SHELBY COUNTY ONE EFFICIENCY, TRANSPARENCY AND ACCOUNTABILITY. CHICK FIL A LEVEL OF CUSTOMER SERVICE AT EACH OF YOU DESERVE INNOVATION BY BRINGING KIOSKS TO THE TOWN OF COLLIERVILLE SO THAT YOUR CITIZENS DO NOT HAVE TO TRAVEL DOWNTOWN. AND THEN FINALLY, ACCOUNTABILITY. AS A LEADER. THE BUCK STOPS WITH ME. I WILL BE IN TOWN TO SERVE. I WILL BE IN TOWN TO ASSIST AND MAKE SURE THAT WE LEAD YOUR CAR TAGS, YOUR TITLE TRANSFERS, AND YOUR BUSINESS LICENSE EFFICIENTLY AND EFFECTIVELY. THANK YOU SO MUCH FOR THIS OPPORTUNITY.

THANK YOU SO MUCH. WE APPRECIATE IT. OKAY, WE WILL CLOSE THE CITIZEN COMMENTS

[8 CONSENT AGENDA]

YES. MAYOR FRAZIER. YES. THE CONSENT AGENDA ITEMS HAVE BEEN APPROVED. THE FIRST ITEM UNDER

[9.A Purchase of an Automated Garbage Truck through a Sourcewell Cooperative Contract]

THANK YOU. UNFORTUNATELY, I'M HERE TODAY ASKING TO PURCHASE ANOTHER GARBAGE TRUCK. AS WE GET TO THIS NEXT SLIDE, YOU'LL SEE AS TO WHY I WAS HERE RECENTLY REQUESTING TO PURCHASE

[00:10:06]

SO THE MONEY WILL BE PUT FORWARD TO MAKE THE PURCHASE, AND THEN THE INSURANCE COMPANY WILL REIMBURSE US ON THE BACK END. IF YOU HAVE ANY QUESTIONS ABOUT THIS PARTICULAR ITEM, I'D BE GLAD TO ANSWER THEM. OKAY. THANK YOU, MR. RUSSELL. ANY QUESTIONS FOR MR. RUSSELL? IS THERE A MOTION MOTION TO APPROVE? SECOND, WE HAVE A MOTION AND A SECOND, MISS DIAMOND, IF YOU'LL CALL THE ROLL, PLEASE. MR. ROBBINS? YES. MR. HALL. YES. MR. JORDAN. YES, MISS. MARSHALL. YES. MR. STAMPS. YES. MAYOR FRAZIER. YES. THANK YOU, MR. RUSSELL. THANK YOU.

[10.A Ordinance 2026-06 - Second Reading and Public Hearing – An Ordinance to Establish the Municipal Tax Rate for Tax Year 2026 (Fiscal Year 2027) at $1.62 for the Town of Collierville, Tennessee]

OKAY, THANK YOU, MAYOR FRAZIER, MEMBERS OF THE BOARD. A MAJOR PART OF THE BUDGET ADOPTION IS ADOPTION OF A TAX RATE THAT IS ADEQUATE TO SUPPORT THE BUDGET. OVER THE COURSE OF SEVERAL MONTHS, THE BOARD HELD WORK SESSIONS TO DISCUSS THE TOWN'S FISCAL NEEDS AND FUNDING PRIORITIES. AND BASED ON THOSE DISCUSSIONS, THE BOARD DETERMINED THAT THE CURRENT PROPERTY TAX RATE OF $1.62, ALONG WITH OTHER REVENUE SOURCES, IS SUFFICIENT TO FUND THE FY 2027 PROPOSED BUDGET. A SIMPLE MOTION IS PROVIDED ON SCREEN AND STAFF IS ON HAND TO ANSWER ANY QUESTIONS. OKAY. THANK YOU. ARE THERE ANY QUESTIONS OF STAFF? THIS IS A PUBLIC HEARING. IS THERE ANYONE IN THE AUDIENCE TONIGHT THAT WISH TO ADDRESS THE BOARD REGARDING OUR TAX RATE? SEEING NONE. THE PUBLIC HEARING IS CLOSED. AND IS THERE A MOTION FOR APPROVAL? MOTION TO APPROVE. SECOND. SECOND. THANK YOU. WE HAVE A MOTION AND A SECOND.

MISS DIAMOND, IF YOU'LL CALL THE ROLL, PLEASE, MR. HALL. YES. MR. JORDAN. YES. MISS MARSHALL.

YES. MR. STAMPS. YES. MR. ROBBINS. YES. MAYOR FRAZIER. YES. THANK YOU VERY MUCH. THE

[10.B Resolution 2026-15 - PUBLIC HEARING ONLY - A Resolution to Adopt the Proposed FY2026-2027 Operating Budget, Capital Investment Budget, and Collierville Schools Budget]

[00:15:05]

WE'VE HAD A DECREASE IN PRIMARILY THE KINDERGARTEN CLASS. THE BIRTH RATES ARE DECREASING. THAT'S A SIMILAR THING TO WHAT YOU'RE HEARING FROM ALL THE OTHER SCHOOL DISTRICTS. WE'RE WE'RE ALL PRETTY MUCH EXPERIENCING THE SAME DECREASE IN THAT AREA. OUR TEACHER STAFFING FORMULA IS PRESENTED NEXT. AND WHAT THIS IS GOING TO SHOW YOU IS FOR EACH GRADE BAND, THE TENNESSEE AVERAGE CLASS SIZE RATIO. AND THEN HOW OUR RATIOS LOOK IN COMPARISON TO THE STATE. AND AS YOU CAN SEE, EVEN WITH 2627 CLASS RATIOS, WE ARE WELL WITHIN THE STATE'S LIMITS THAT THEY HAVE ESTABLISHED. I THINK THE ONLY ONE WHERE WE EVEN COME CLOSE IS THE HIGH SCHOOL. AND THAT'S EVEN THAT'S EVEN WELL WITHIN IT, 24.7, WITH THE RATIO BEING 1 TO 30. THE NEXT FEW PAGES WILL SHOW YOU A SUMMARY AS TO OUR OUR NEW STRATEGIC PLAN. AND THIS IS CALLED CS2030. AND SO THEY ARE DIVIDED UP INTO DIFFERENT CATEGORIES. THE FIRST BEING COLLEGE AND CAREER READY. AND THIS IS KIND OF A SUMMARY OF HOW MUCH MONEY WE'RE SPENDING IN RESPONSE TO, YOU KNOW, LIKE I SAID, THE DECREASE IN THE ENROLLMENT, BUT ALSO HOW WE ARE RESPONDING TO WHAT OUR STRATEGIC PLAN IS REQUIRING. THE NEXT SECTION IS LIFE READY.

WE ARE STILL SHOWING INVESTMENTS IN THAT AREA, TECHNOLOGY INVESTMENTS. AND THIS INCLUDES THINGS LIKE THE THE DEVICES THAT WE ISSUE OUT TO THE STUDENTS EVERY YEAR. AND THINGS LIKE THE SUICIDE SCREENING AND THAT TYPE OF TECHNOLOGY THAT WE MAINTAIN EACH YEAR. EDUCATORS, WHICH IS ACTUALLY THE, THE GROUP THAT I WAS INVOLVED IN WITH MISS BOOKER, SHE AND I HAVE COLLABORATED ON THIS WITH SEVERAL OF THE PARTICIPANTS THAT WERE IN OUR AREA. AND AS YOU CAN SEE, WE'RE STILL GIVING A 1% COST OF LIVING FOR THE COMING YEAR, AS WELL AS IF YOU QUALIFY FOR A STEP INCREASE. WE HAVE STEPS IN LANES AND OUR SALARY SCHEDULES FOR THE TEACHERS. AND IF YOU QUALIFY FOR A STEP INCREASE, YOU TANTAMOUNT TO GETTING A 3% INCREASE BETWEEN THE COST OF LIVING AND THE STEP INCREASES.

OKAY. THIS SHOWS A BREAKDOWN OF THE GENERAL FUND BUDGET AS TO THE DIFFERENT CATEGORIES OF REVENUE. AS YOU CAN SEE, THE GRAND TOTAL IS A LITTLE OVER 127 MILLION, WHICH IS A DECREASE FROM THE 2526 FISCAL YEAR. WE DID THAT. LIKE I SAID, IN RESPONSE TO THE ENROLLMENT DECREASE. AND THIS IS THE OTHER SIDE OF THE COIN, THE BREAKDOWN OF EXPENDITURES. AS YOU CAN SEE, THE LARGEST AMOUNT IS, AS ALWAYS, IN THE INSTRUCTION AREA BECAUSE THIS CONSISTS OF THE SALARIES AND BENEFITS FOR THE TEACHERS AND ASSISTANTS AND ALL THE STAFF THAT ARE REQUIRED FOR THE RUNNING OF THE SCHOOLS AT THE SCHOOL LEVEL. THE NEXT TWO ARE IN THE GROUP CALLED THE SPECIAL REVENUE BUDGET, AND THESE ARE THE SCHOOL NUTRITION FUND AND THE FEDERAL FUND. AND AS YOU CAN SEE FOR THE FEDERAL FUND, WE'RE GETTING BACK TOWARDS THE ORIGINAL AMOUNTS THAT WE STARTED OUT WITH. I DON'T KNOW IF YOU REMEMBER, I'M I'M HAVING A HARD TIME REMEMBERING IT MYSELF THAT LONG AGO BACK WHEN WE FIRST STARTED. BUT WHEN WE DID, THE LARGE AMOUNT WAS SPENT IN THE FEDERAL FUND IN THE I'D E FUND, WHICH IS THE FEDERAL SPECIAL ED FUND.

WE'RE GETTING BACK TOWARDS THAT LEVEL NOW THAT THE ESSER FUNDING HAS DIMINISHED. IN FACT, WE. THIS IS THE LAST YEAR THAT YOU WILL SEE THAT THAT WAS BEING SPENT WAS IN THE 2425. SO THAT WAS IN THE AUDIT THAT WE JUST HAD DONE FOR. 2425 SO THOSE ARE THE FINAL EXPENDITURES. THE SCHOOL NUTRITION FUND HAS MAINTAINED AROUND A $4 MILLION BALANCE IN THEIR BUDGET. AND FINALLY, THE OTHER FUND, OTHER FUNDS BUDGET, THE CAPITAL PROJECTS FUND AND THE DISCRETIONARY GRANTS FUND. AND THESE ARE THE CAPITAL PROJECTS FUND IS WHAT WE GET

[00:20:06]

I THINK IT'S DIMINISHING AS WELL. GETTING BACK TOWARDS ORIGINAL BALANCES, NOW THAT THE FEDERAL FUNDING HAS DIMINISHED AS WELL, AND THE STATE HAS SHIFTED SEVERAL OF THE GRANTS OVER TO THE GENERAL FUND OUT OF THE STATE FUND. SO THAT'S WHAT THAT ONE IS. AND HERE IS OUR TENTATIVE DATES FOR APPROVALS. WE'VE GONE THROUGH THE PROCESS OF GETTING THE BOARD TO APPROVE OUR BUDGET, AND NOW IT'S ON TO YOU AS THE MAYOR AND BE A VOTE ON THIS. SO I'M THINKING THAT'S GOING TO BE JUNE THE 8TH. SO. SO I HUMBLY REQUEST YOUR APPROVAL FOR THESE BUDGETS.

THANK YOU. WE APPRECIATE IT VERY MUCH. ARE THERE ANY QUESTIONS FOR MISS FLOYD? WHEN YOU MENTIONED JUST ONE QUICK QUESTION, AND HOPEFULLY THIS IS AN EASY QUESTION FOR YOU. WHEN YOU MENTIONED THE FUNDS THAT COME FROM SHELBY COUNTY, WHAT IS THE WHAT ARE THOSE BASED ON WHAT WHAT PERCENTAGE OF OUR SHELBY COUNTY TAX DOLLAR, I GUESS, COMES BACK TO CARNIVAL? ARE YOU REFERRING TO THE CAPITAL PROJECTS? YES. OKAY. THEY SET UP AN AMOUNT. IT'S A RESOLUTION EVERY YEAR THAT I'M NOT REALLY SURE WHAT THE DOLLAR AMOUNT IS OR HOW THEY DERIVE IT, BUT THEN WHATEVER THAT AMOUNT IS FOR, THAT ALLOCATION IS GIVEN OUT TO MEMPHIS, SHELBY COUNTY SCHOOLS AND ALL THE MUNICIPAL SCHOOL DISTRICTS BASED ON OUR ADM. SO EACH YEAR WE GET AN AMOUNT, THE RESOLUTION AMOUNT, I DON'T KNOW WHAT IT'S GOING TO BE FOR 2627.

THEY USUALLY GET THAT APPROVED IN JUNE, AND THEN WE GET THE AMOUNT THAT WILL POTENTIALLY GET BASED ON THAT. ADM AND ADAM IS AVERAGE. AVERAGE DAILY MEMBERSHIP. MEMBERSHIP. OKAY.

IT USED TO BE CALLED SOMETHING ELSE, RIGHT. THERE'S ANOTHER ONE CALLED A D A OKAY. AVERAGE DAILY ATTENDANCE ATTENDANCE. THAT'S WHAT IT WAS. OKAY. AVERAGE DAILY MEMBERSHIP. OKAY.

WITHOUT ANY QUESTIONS. WE THANK YOU VERY MUCH, MRS. FLOYD. THANK YOU. THANK YOU. AND WE'LL GO TO MISS MAYNOR FOR THE TOWN BUDGET. THANK YOU, MAYOR, AND THANK YOU, MISS FLOYD AND CHAIRMAN COX FOR BEING HERE TO PRESENT THE SCHOOLS INFORMATION. IT IS NOW MY PLEASURE TO PRESENT THE TOWN'S FISCAL YEAR 27 BUDGET TO THE BMA AND THE PUBLIC. THE ANNUAL BUDGET IS OUR PRIMARY TOOL FOR FISCAL CONTROL POLICY DIRECTION, OPERATIONAL PLANNING, FINANCIAL MANAGEMENT AND MOST IMPORTANTLY, COMMUNICATION. I FIRST OF ALL WANT TO THANK YOU ALL FOR YOUR ENGAGEMENT. OVER THE LAST SEVERAL MONTHS, WE'VE SAT THROUGH MANY WORK SESSIONS, AND I ALSO WOULD LIKE TO THANK ALL OF THE STAFF THAT HAVE WORKED DILIGENTLY ON THE BUDGET DEVELOPMENT OVER THE LAST SEVERAL MONTHS. I ESPECIALLY WANT TO THANK FINANCE DIRECTOR LISA WELLS, BUDGET OFFICER J.P. SPAR, BUDGET ANALYST ASHLEY MOORE, AND GRANTS AND REVENUE MANAGER NATASHA IRBY FOR THEIR EXTENSIVE CONTRIBUTIONS. SO I DON'T THINK PEOPLE UNDERSTAND HOW MUCH EFFORT GOES INTO PREPARING THE BUDGET, AND ESPECIALLY WITH OUR ERP IMPLEMENTATION GOING ON THIS TIME, IT'S BEEN A HEAVY LIFT. BEFORE DIVING INTO THE BUDGET ITSELF, THERE'S A FEW FACTS THAT REFLECT THE SCOPE OF THE TOWN'S OPERATIONS THAT THIS BUDGET SUPPORTS THAT I'D LIKE TO COVER REAL QUICKLY. COLLIERVILLE COVERS ABOUT 36.5MI■!S AND HAS AN ESTIMATED POPULATION OF AROUND 56,000 PEOPLE AND ROUGHLY 17,600 HOUSEHOLDS. AND THE TOWN MAINTAINS SIGNIFICANT INFRASTRUCTURE AND OPERATIONS, INCLUDING 740 LANE MILES OF STREETS, 70 MILES OF OPEN DITCHES THAT WE MAINTAIN OVER 10,000 STREET SIGNS, 750 ACRES OF PARKLAND, 20 MILES OF GREENBELTS, MAJOR WATER AND SEWER SYSTEMS, AND WE PICK UP 48,000 TONS OF SOLID WASTE AND LEAVES ANNUALLY. OUR EMERGENCY COMMUNICATIONS CENTER ANSWERS OVER 83,000 CALLS EACH YEAR. THE FIRE DEPARTMENT AVERAGES UNDER SIX MINUTES FOR RESPONSE TIME, AND THE POLICE DEPARTMENT ISSUES A COMBINED TOTAL OF OVER 25,000 CITATIONS AND WARNINGS ANNUALLY. WE PROCESSED NEARLY 70 LAND USE APPLICATIONS AND ISSUE OVER 3600 DEVELOPMENT RELATED PERMITS ANNUALLY, PROCESS OVER 1600 JOB APPLICATIONS AND AVERAGE BETWEEN 4 AND 500 ANIMAL ADOPTIONS EACH YEAR. SO THAT'S JUST A REAL QUICK SNAPSHOT OF A LOT OF THE TOWN OPERATIONS AND THINGS THAT PEOPLE DON'T OFTEN

[00:25:03]

SO THE TOWN'S BUDGET INCLUDES WE HAVE 11 BUDGETED FUNDS AND THE FOUR SCHOOL FUNDS THAT MISS FLOYD JUST COVERED. ALTHOUGH MOST OF OUR CONVERSATION DURING BUDGET DEVELOPMENT FOCUS IS ON THE GENERAL FUND. AND THAT'S WHAT I'LL BEGIN WITH. SO ON THIS SLIDE, YOU CAN SEE THAT OUR PROJECTED REVENUES FOR FISCAL YEAR 27 ARE AT $95.1 MILLION IN PROJECTED REVENUE, AND THOSE SOURCES INCLUDE PROPERTY AND SALES TAXES, LICENSES AND PERMITS, INTERGOVERNMENTAL REVENUE, AND VARIOUS OTHER CHARGES AND FEES. OUR GENERAL FUND EXPENDITURES SHOWN ON THE RIGHT HAND SIDE, TOTAL $89.5 MILLION, AND THE ONLY REAL RESTRUCTURING THAT YOU'LL SEE REFLECTED IN THIS CHART IS G. I S SERVICES. THAT HAS ALWAYS BEEN A DIVISION THAT FELL UNDER THE PLANNING DIVISION. IT WILL NOW BE A STANDALONE DIVISION, AND THAT'S BECAUSE THEY PROVIDE SUPPORT TO A LOT MORE THAN JUST THE PLANNING DIVISION. THEY PROVIDE SUPPORT TO ALL OF THE TOWN DEPARTMENTS. AND WHETHER IT'S GEO TAGGING, PARK BENCHES OR SEWER MAINS, WHATNOT. SO WE THOUGHT THEY NEEDED TO STAND ON THEIR OWN. LET'S SEE. SO ALSO, YOU WILL SEE THAT OUR PROJECTED REVENUE OVER EXPENDITURES IS 5.6 MILLION. AND YOU SEE THE OPERATING TRANSFER OF 14.9. AND THE MAJORITY OF THAT GOES TOWARDS OUR CAPITAL INVESTMENT PROGRAM. SO FOR EVERY DOLLAR OF REVENUE, $0.53 OF THAT COMES FROM PROPERTY TAX, $0.25 FROM SALES TAX, NINE FROM STATE SHARED REVENUE, AND $0.13 FROM ALL OTHER SOURCES. AND THAT INCLUDES OUR CHARGES FOR SERVICES, FINES, FEES, LICENSES AND PERMITS, AND RECREATION CHARGES. SO OF THE 95 MILLION IN TOTAL GENERAL FUND REVENUE, 85 MILLION GOES TO SUPPORT TOWN OPERATIONS, 7.1 MILLION TOWARDS SCHOOLS. THAT INCLUDES THE MAINTENANCE OF EFFORT DEBT SERVICE ON THE HIGH SCHOOL SRO'S, CROSSING GUARDS AND CAMPUS MAINTENANCE. AND THEN 2.9 SUPPORTS OUR OUR OTHER ALLOCATIONS FOR PARKS, GRANTS AND LAW ENFORCEMENT. SO IN TERMS OF EXPENDITURES THAT CAN FALL INTO FIVE BROAD CATEGORIES THAT YOU'LL SEE LISTED HERE WITH PUBLIC SAFETY AT THE TOP. AS WE ALL KNOW, PUBLIC SAFETY IS ONE OF OUR COMMUNITY'S TOP PRIORITIES, AND 48% OF OUR BUDGET GOES TO SUPPORT PUBLIC SAFETY. AND THAT INCLUDES POLICE, FIRE AND AMBULANCE, CODE ENFORCEMENT, COURT AND ANIMAL SERVICES. BELOW THAT, WE HAVE INFRASTRUCTURE. 23.1% OF THE BUDGET GOES TO SUPPORT INFRASTRUCTURE. THAT INCLUDES REPAVING AND STREET REPAIR, DRAINAGE IMPROVEMENTS, TOWN FACILITIES AND DEBT SERVICE.

BELOW THAT, WE HAVE 6.1% FOR RECREATION AND CULTURE. OTHER COMMUNITY SERVICES BELOW THAT 11.7% OR 10.3 MILLION. THESE ARE THE THINGS THAT YOU SEE BEHIND BEHIND THE SCENES ADMINISTRATION, DEVELOPMENT, SERVICES, PLANNING AND DEVELOPMENT GRANTS, AND SPECIAL APPROPRIATIONS. AND THEN FINALLY, OUR COMMITMENT TO EDUCATION IS 9.8 MILLION. AND THE DIFFERENCE BETWEEN THE 7.1 THAT I MENTIONED PREVIOUSLY AND THE 9.8 IS THE 7.1, PRIMARILY COMES FROM THE HALF CENT SALES TAX THAT WE HAVE DEDICATED FOR SUPPORTING EDUCATION, BUT WE DO

[00:30:04]

ONCE THE NEW COMPREHENSIVE PLAN IS ADOPTED NEXT YEAR. THIS SLIDE SHOWS HOW THE CIP IMPROVEMENTS ARE DISTRIBUTED PRIMARILY TO GENERAL GOVERNMENT PROJECTS. WITH THAT $5.1 MILLION NUMBER, AND THAT INCLUDES THINGS LIKE REPLACING THE ROOF HERE AT TOWN HALL, REPLACING THE ROOF AT THE PARK COMMUNITY CENTER, REPLACING THE CONCRETE PLATFORM AT THE DEPOT, AND THEN SOME UPGRADES. AND THEN ON THE RIGHT HAND SIDE OF THE SCREEN, YOU CAN SEE THE FUNDING SOURCES FOR ALL OF THOSE VARIOUS CAPITAL INVESTMENT PROJECTS, WITH THE MAJORITY OF THE FUNDING COMING FROM THE GENERAL FUND AT 5.9 MILLION, WE HAVE 1.7 MILLION COMING FROM STORMWATER FEES AND 2.4 MILLION FROM WATER AND SEWER RESERVES. SO NOW I'D LIKE TO TOUCH ON OUR OTHER FUNDS, BEGINNING WITH THE WATER AND SEWER FUND. THIS IS BEGINNING WITH A REVENUE OF 18.5 MILLION, WITH EXPENDITURES OF 18.2. WE ARE IN THE FOURTH YEAR OF IMPLEMENTING IMPLEMENTING, EXCUSE ME, CAN'T TALK IMPLEMENTING THE WATER AND SEWER RATE SCHEDULE THAT WAS ADOPTED SEVERAL YEARS AGO. AND THE AVERAGE CUSTOMER RESIDENTIAL CUSTOMER CAN EXPECT A MONTHLY INCREASE OF $1.56. THE SANITATION FUND IS FUNDED BY MONTHLY WASTE COLLECTION FEES AND REVENUE, AND THIS BUDGET DOES INCLUDE A $5 MONTHLY INCREASE, BRINGING THE MONTHLY RATE TO $32 A MONTH. COLLIERVILLE CONTINUES TO PROVIDE ONE OF THE HIGHEST QUALITY SANITATION SERVICES IN THE AREA, AND MAINTAINS ONE OF THE LOWEST RATES. THE PROJECTED ENDING FUND BALANCE IS $2.8 MILLION FOR THE SANITATION FUND, AND THIS SHOULD SUSTAIN US FOR THE NEXT SEVERAL YEARS. THE STATE STREET AID FUND RECEIVES ABOUT ONE POINT JUST BELOW 1.8 MILLION IN STATE REVENUES, WITH 1.9 MILLION IN STREET AND SIGNAL MAINTENANCE EXPENDITURES, WITH AN ENDING FUND BALANCE OF $2.4 MILLION. THESE NEXT TWO FUNDS ARE SMALLER THE HISTORIC PRESERVATION FUND. WE EXPECT REVENUE OF APPROXIMATELY $10,000 WITH EXPENDITURES OF 30. AND THAT'S FOR MAINTENANCE PROJECTS WITHIN THE HISTORIC DISTRICT, WITH AN ENDING FUND BALANCE OF $269,000, THE CITATION FUND IS NO LONGER RECEIVING REVENUE AND WILL CLOSE AT YEAR END AND ANY REMAINING FUNDS, AND THAT WILL BE TRANSFERRED TO THE GENERAL FUND AND BE EXPENDED FOR TICKET RELATED EXPENSES. AND THEN WE WILL JUST HANDLE THAT THROUGH THE GENERAL FUND. FROM THIS POINT FORWARD. THE FUND IS SUPPORTED BY SEIZURES AND FINES WITH EXPENDITURES FOR EQUIPMENT, TRAINING, SOFTWARE AND SUPPLIES.

YOU CAN SEE OUR BEGINNING FUND BALANCE AT $246,000. AGAIN, WE'VE TALKED ABOUT THIS DURING OUR WORK SESSIONS, WHAT WE ESTIMATE, WHAT OUR REVENUE WILL BE. BUT A LOT OF THAT DEPENDS ON HOW MUCH WE WE SEIZE. AND WE'RE LOOKING AT ENDING FUND BALANCE PROJECTED AT $141,000.

BOTH OUR RETIREMENT OPEB FUNDS ARE STRONG AND IN GOOD FINANCIAL CONDITION, AND THE TOWN CONTINUES TO MEET ALL OF OUR CONTRIBUTIONS IN THAT REGARD. SO IN DEVELOPING THE FISCAL YEAR 27 BUDGET, WE'VE EMPHASIZED PUBLIC SAFETY, INFRASTRUCTURE AND FACILITIES, EMPLOYEE SUPPORT AND TECHNOLOGICAL ADVANCEMENT. AND AS PART OF THIS, THE BUDGET INCLUDES THE $5 SANITATION FEE INCREASE, WHICH I MENTIONED, A 3% SALARY INCREASE FOR FULL AND PART TIME EMPLOYEES, TWO NEW HOLIDAYS AND ONE NEW PERSONAL DAY, AND ALSO ENHANCED VACATION ACCRUALS FOR EMPLOYEES. A NEW $5 A MONTH STREET INFRASTRUCTURE FEE TO SUPPORT AN ADDITIONAL 10 TO 11 LANE MILES OF PAVING EACH YEAR. THAT'S ONE THING THAT WE

[00:35:05]

GOOD EVENING, BOARD MAYOR AND ALDERMEN. MY NAME IS JIM STOKES. I RESIDE AT 660 WARWICK OAKS LANE, WEST COLLIERVILLE. I'M NOT SURE THAT I'M UP TO DATE ON ALL THE INFORMATION THAT WAS AVAILABLE. I'M LOOKING AT A DOCUMENT THAT I PRINTED OFF BACK IN APRIL ON THE SANITATION RATE ADJUSTMENT. UNFORTUNATELY, THE WEBSITE WAS DOWN TODAY, SO I COULDN'T DO ANY MORE RESEARCH ON IT. SO I APOLOGIZE IF I'M OUT OF DATE, BUT I DID DO THIS ONE. ADDRESS SOME THOUGHTS ON THE RATE INCREASE. GRANTED, I FIVE BUCKS ISN'T A BIG DEAL, BUT FIVE BUCKS IS FIVE BUCKS.

AND I WOULD LIKE TO TALK ABOUT IMPROVING EFFICIENCY. RIGHT NOW. WE RUN FOUR TRUCKS AROUND TO EVERY ADDRESS EVERY WEEK. TO ME, THAT SEEMS LIKE OVERKILL, INEFFICIENCY. I'VE LIVED IN COMMUNITIES WHERE THEY HAVE RUN THE GARBAGE TRUCK AROUND EVERY WEEK, BUT THE RECYCLABLES AND BULK PICKUP AND YARD WASTE ARE NOT THAT FREQUENT. MAYBE TWICE A MONTH, MAYBE EVERY THREE WEEKS ON A SCHEDULE. IT WOULD SAVE A LOT OF MONEY TO RUN THOSE TRUCKS AROUND TOWN, PLUS BEATEN UP OUR STREETS AND RUNNING OUT TO THE LANDFILL TO TO EMPTY THEM. THE OTHER THOUGHT I HAD WAS, MAYBE WE OUGHT TO GET OUT OF THE TRASH HAULING BUSINESS AND, AND LOOK AT CONTRACTING THEM OUT AND NOT HAVE TO WORRY ABOUT. WELL, THE GENTLEMAN JUST PROPOSED HAVING TO BUY A NEW TRUCK. ONE OTHER THING I WOULD LIKE TO MENTION HAS NOTHING TO DO WITH THE COST IS I WOULD LIKE TO SEE SMALLER BINS AVAILABLE MADE AVAILABLE TO US FOR PICKUP. I LIVE IN A COMMUNITY THAT IN AN AREA THAT HAS VERY SMALL GARAGES, AND TO TRY TO PUT A 96296 GALLON TRASH BINS IN MY GARAGE, ALONG WITH VEHICLES AND OTHER THINGS, IS PROBLEMATIC. SMALLER CONTAINER CONTAINERS WOULD BE MUCH APPRECIATED. I KNOW MY WIFE AND I, WE COULD PROBABLY GO TWO MONTHS WITHOUT FILLING THE TRASH BIN BECAUSE WE RECYCLE, AND WE COULD PROBABLY GO A MONTH ON THE RECYCLING BIN WITHOUT HAVING TO PUT IT OUT TO THE STREET. SO MY THOUGHTS ON THE SUBJECT, THANK YOU FOR YOUR TIME. WE APPRECIATE YOU COMING AND SHARING YOUR THOUGHTS. I KNOW MR. RUSSELL WAS LEANING FORWARD, LISTENING INTENTLY ON YOUR COMMENT, SO WE WILL TAKE THOSE UNDER ADVISEMENT. APPRECIATE IT. THANK YOU, THANK YOU. IS THERE ANYONE ELSE IN THE AUDIENCE THAT WOULD LIKE TO ADDRESS THE BOARD DURING THE PUBLIC HEARING? SEEING NONE.

THE PUBLIC HEARING IS NOW CLOSED FOR THE BUDGET, AND THIS DOES NOT REQUIRE A MOTION. SO ANY OTHER BUSINESS TO COME BEFORE THE BOARD THIS EVENING? NOTHING FURTHER. MAYOR. OKAY,

* This transcript was compiled from uncorrected Closed Captioning.