City Council July 20, 2012 Budget Presentation
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City Council July 20, 2012 Budget Presentation
- 1. Budget Discussion July 10, 2012
- 2. Calendar
- 3. Calendar
- 4. Agenda • Capital & Borrowing Capacity • Operating Budget • Getting Balanced • Tax Supported Services
- 5. Capital • Recall for the 2011-2012 budget $1,755,191 was approved for capital projects. • $1,000,000 streets maintenance mill and overlay for sections of 14th Street, 19th Street, and Main Street. • $755,191 storm water drainage remediation West Avenue P phase 1. • To continue this commitment to capital improvements, $1,756,529 is proposed in the 2012-2013 budget
- 6. Capital Borrowing Capacity • Current capital budget $ 1,756,529 • LESS $250,000 annually for fire truck replacement • Could use $1,506,529 capital budget for debt service • Assuming 20 years at 4% we could borrow aprox. $20,475,000 principal • Budget impact?
- 7. Capital Additional Borrowing Capacity • Implement a recurring transfer each year from Water and Wastewater capital • 1/3 of capital budget after debt service payments • Aprox. $2,000,000 annually
- 8. Capital Borrowing Capacity • Use $1,506,529 current General Fund capital project budget • PLUS $2,000,000 transfer in • Aprox. $3,506,529 million debt service • Assuming 20 years at 4% we could borrow aprox. $47,650,000 principal for street reconstruction and other improvements
- 9. 2012-2013 Operating Budget Goals Revenue Under/(Over) Expense (1,075,180) Estimate for Meet & Confer Raises 367,820 Estimate for Raises 550,000 Street Maintenance – Seal Coat 1,200,000 Reduce Property Tax Rate – ½ ¢ 175,000 Animal Services Effort 100,000 Expanded Level Requests 460,000 Gap/Additional Need 1,777,640
- 10. 2012-2013 Operating Budget Potential Solutions Franchise Fees 6% 1,343,165 Stormwater Indirect Cost 120,000 Hotel Occupancy Tax Sports Complex 50,000 Hotel Occupancy Tax Fort Concho 50,000 User Fees 200,000 COSADC pay for Public Info Svcs 10,000 TIRZ 465,229 Parking meters 340,000 Red light cameras 100,000 Total 2,678,394
- 11. Follow Up • Direction on specific ideas or solutions to follow up on • Implementation
- 12. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET CITY COUNCIL 0 121,543 121,543 CITY MANAGER 0 603,478 603,478 LEGAL (INCLUDES PROP MGT.) (73,148) 666,815 593,667 PUBLIC INFORMATION 0 158,627 158,627 CITY CLERK (150) 219,643 219,493 CONSTRUCTION MGT. (90,100) 90,100 0
- 13. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET ECONOMIC DEV. 0 252,396 252,396 FINANCE 0 477,723 477,723 ACCOUNTING 0 486,480 486,480 BILLING & RECEIPTS (563,776) 557,348 (6,428) INFORMATION TECHNOLOGY 0 508,609 508,609 PURCHASING (11,000) 140,255 129,255 MUNICIPAL COURT (2,843,780) 2,139,112 (704,668)
- 14. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET HUMAN RESOURCES 0 357,699 357,699 PUBLIC SAFETY COMMUNICATIONS 0 1,216,541 1,216,541 CROSSING GUARDS (116,280) 116,280 0 FACILITIES MAINT. 0 580,171 580,171 LEAVE PAYOFF 0 242,910 242,910 INSURANCE 0 2,105,007 2,105,007
- 15. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET TGC APPRAISAL DISTRICT 0 587,764 587,764 TAX REBATE AGREEMENTS 0 504,360 504,360 TGC MENTAL HEALTH UNIT 0 77,278 77,278 TGC CRISIS INTERVENTION 0 26,132 26,132 BANK CHARGES 0 17,000 17,000
- 16. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET TRANSIT DISTRICT 0 212,996 212,996 *CEMETERY 0 16,732 16,732 *NUTRITION 0 89,265 89,265 EQUIPMENT REPLACEMENT 0 1,201,373 1,201,373 CAPITAL PROJECTS 0 1,753,119 1,753,119 *TEXAS BANK SPORTS COMPLEX 0 350,000 350,000
- 17. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET *FORT CONCHO 0 301,431 301,431 GOLF COURSE 0 75,000 75,000 *EMERGENCY MGT. 0 15,667 15,667 *NURSING 0 178,051 178,051 *SOCIAL SERVICES 0 87,704 87,704 *STORM WATER 0 95,000 95,000 COMM. & ECO. DEV. ADMIN. 0 102,775 102,775
- 18. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET ENGINEERING (55,100) 501,503 446,403 PLANNING (21,238) 252,543 231,305 GIS (1,000) 255,222 254,222 PERMITS & INSP. (563,000) 709,509 146,509 OPERATIONS 0 321,689 321,689 TRAFFIC/SIGNALS (2,000) 802,993 800,993 STREET & BRIDGE (45,000) 2,357,100 2,312,100
- 19. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET STREET LIGHTING 0 1,118,829 1,118,829 PARKS (278,453) 2,435,547 2,157,094 WATER LILY 0 86,100 86,100 RECREATION (391,350) 966,054 574,704 CODE COMPLIANCE (121,950) 394,597 272,647 HEALTH ADMIN. 0 119,765 119,765 ANIMAL CONTROL (116,282) 712,612 596,330
- 20. Tax Supported Services DEPARTMENT REVENUE EXPENSE NET MHMR 0 55,423 55,423 POLICE (272,250) 15,162,032 14,889,782 FIRE (2,490,000) 13,102,113 10,612,113 FIRE PREV (136,000) 633,127 497,127 (8,191,857) 56,718,350 48,526,493 * Note: The bulk of * activity is recorded in other funds.
- 21. Calendar
- 22. Calendar
Editor's Notes
- Recall there is $1.7 available for capital. There is a water operating impact on streets.
- This is in addition to the $7.5 mill bond scheduled for 2013-2014 for police station remodel and fire station reconstruction. These two bond issuances could be combined for a total of $55,150,000.
- So far today we’ve discussed capital. Now we’re moving in to the annual O&M budget.
- MD Discuss additional funding vs. cuts Of course we could also dip into the $1.7 mill capital funds budget. EXCEL spreadsheet. What does CiCo want to implement? Already populated with staff recommendation.
- 1. Leave Payoffs is a huge financial burden to the City. $209,910 is no where near enough to address our emergency needs. In public safety alone leave payoffs exceed $209,910. We could double this budget and just begin to address the leave payoffs in public safety. Fire $291,845.79 Police $157,895.46 PSC $3,494.39 = 453,235.64 2. Insurance includes $1.5 mill in retiree health insurance, property insurance, etc.
- We have more detail available for *ed services including program income, grant revenue. We can discuss in more detail with you if you would like.