The Killeen City Council will hold a regular meeting at 5 p.m. today.
On the council’s docket:
- A vote to institute a new financial policy package as part of City Manager Ron Olson’s overhaul of the city’s money management. Among revisions to the city’s policies is lowered fund balance targets from a range of 22 to 25 percent to 18 to 22 percent to free up money to be used toward capital improvement projects.
- A vote on whether to accept three tracts of land constituting about 90 acres to continue projects for the Rosewood Drive road extension and hike and bike trail. There is no immediate cost to the city, but annual maintenance expenditures worth $140,000 are projected to begin in fiscal year 2020.
- A vote to consider an interlocal agreement with the Department of Public Safety for forms and materials.
The meeting begins at 5 p.m. at City Hall, 101 N. College St.