The 2018-19 budget season is in full swing and city staff would like to know how you would balance the budget.  Check out the Balancing Act online budgeting simulation tool to allocate funds with the goal of obtaining a balanced budget. The tool will be available through August 8 and the results will be presented at the Annual Budget Workshop on Saturday, Aug. 11.

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How would you balance the budget?

Post Date:July 13, 2018
The City of Lewisville has launched two new interactive online tools to help residents understand the budget process. Currently, all City departments are preparing their budgets for submission to the City Manager.

Balancing Act

The first tool is the Balancing Act simulation tool. This interactive tool offers residents a fun and easy opportunity to learn about the budgeting process while gaining insight into the challenges faced by their elected officials during this process. The Balancing Act tool details the city’s revenue and department specific spending. Residents can change the allocation of funds from one department to another with the goal of creating a balanced budget. Results will be forwarded to the City Council during the Annual Budget Workshop on Saturday, August 11. Residents can access the Balancing Act tool through Wednesday, August 8. 

Lewisville City Council will hold its annual budget workshop Saturday, Aug. 11, starting at 9 a.m., in the Glenmore Savage Community Room of the Municipal Annex, 1197 W. Main Street.

The workshop is open to the public. Public hearings and City Council votes on the budget, property tax rate, and water/wastewater rates will be held during public meetings later in August and September.

For detailed information regarding revenue sources, please visit the City of Lewisville’s FY 2018 Operating Budget Document, pages 176-178.

Another tool is the

Tax Receipt app 

The second tool is the Tax Receipt. This application estimates the portions of sales and property taxes paid by residents that are available to use for City services. This app is a quick, easy way for residents to see how their tax dollars are distributed and utilized throughout the city. Residents can access the Tax Receipt tool year-round.