HomeMy WebLinkAboutPreliminary Operating Budget FY21-22City of Euless
REVISED July 30, 2021
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Preliminary Annual Operating Budget
Fiscal Year Ending September 30, 2022
201 N. Ector Drive, Euless, TX 76039 www.eulesstx.gov
E'Ity of Euless
FISCAL YEAR 2021-2022
Council Members
LINDA MARTIN, MAYOR
Tim Stinneford, Mayor Pro Tom, Place One
Jeremy Tompkins, Place Two
Eddie Price, Place Three
Perry Bynum, Place Four
Harry Zimmer, Place Five
Tika Paudol, Place Six
Loretta Gotchell, City Manager
Chris Barker, Deputy City Manager
TABLE OF CONTENTS
PROPOSED BUDGET
TITLE PAGE
BUDGET MESSAGE
Letter...............................................................................................................Replacement 1-Replacement 8
Executive Summary, General Fund....................................................................................Replacement 9
Executive Summary, Water & Wastewater Fund.................................................................................10
Executive Summary, Car Rental Fund........................................................................... Replacement 11
Fund Balance Summary, General & Internal Service Funds............................................................12
Fund Balance Summary, Special Revenue Funds.......................................13 and Replacement 14
Fund Balance Summary, Enterprise Funds.............................................................................................15
Fund Balance Summary, Debt Service Funds............................................................. Replacement 16
Fund Balance Summary, Reserve Funds...................................................................................................17
ESTIMATED REVENUES & PROPOSED EXPENSE
Where Does the Money Come From ............................................................................. Replacement 18
WhereDoes the Money Go?................................................................................................ Replacement 19
GeneralFund Revenues........................................................................................................ Replacement20
TaxRate Scenarios................................................................................................................. Replacement 21
GeneralFund Expenditures............................................................................................................................22
Water& Wastewater Revenues.................................................................................................................... 23
ProposedWater Service Rates...................................................................................................................... 24
Proposed Wastewater Service Rates.......................................................................................................... 25
Water & Wastewater Expenditures............................................................................................................ 26
All Other Enterprise Operating Funds....................................................................................................... 27
Special Revenue Operating Funds ................................................ Replacement 28-Replacement 29
Internal Service Operating Funds................................................................................... Replacement 30
Debt Service Operating Funds........................................................................................... Replacement 31
PersonnelCounts................................................................................................................................................32
BOND INDEBTEDNESS
Schedule of Outstanding and Proposed Indebtedness........................................................................ 33
CAPITAL EXPENSES & FUNDING
Capital/One-Time & Supplemental Requests by Fund................................................................ 34-35
REQUIREDDISCLOSURE.............................................................................................................................................. 36
2021 TAx RATE CALCULATION WORKSHEETS ..................................... Replacement 37- Replacement 51
SUPPLEMENTARY INFORMATION
INTRODUCTION...............................................................................................................................................TAB 1
OrganizationalChart.......................................................................................................................................1-1
BudgetProcess....................................................................................................................................................1-2
BudgetSchedule.................................................................................................................................................1-5
ExcerptfromCharter.......................................................................................................................................1-6
FiscalPolicies......................................................................................................................................................1-8
CAPITAL, INFRASTRUCTURE PLANS & FLEET..............................................................................................TAB 2
Capital/One-Time & Supplemental Requests by Fund......................................................................2-1
Capital/One-Time & Supplemental Requests by Department........................................................2-3
FY2021-22 Infrastructure Plan...................................................................................................................2-5
Memo, Projected Equipment Replacement Fund.....................................................Replacement2-6
Fleetand Asset Transfers...............................................................................................................................2-7
Proposed Fleet and Asset Replacements..................................................................................................2-9
DEBT................................................................................................................................................................ TAB 3
Schedule of Outstanding and Proposed Indebtedness.......................................................................3-1
AnnualDebt Service................................................................:........................................................................3-2
TotalGeneral Obligation Debt.....................................................................................................................3-3
Tax -Supported General Obligation Debt.................................................................................................3-4
TIRZ/PID Supported General Obligation Debt..................................................................................3-13
Taxable(Self -Supporting) G.O. Debt......................................................................................................3-19
GolfG.O. Refunding Debt............................................................................................................................. 3-21
Water& Wastewater Revenue Debt....................................................................................................... 3-23
SalesTax Revenue Debt...............................................................................................................................3-30
PERSONNEL& INSURANCE............................................................................................................................ TAB 4
PersonnelCounts...............................................................................................................................................4-1
PersonnelCounts by Fund..............................................................................................................................4-2
ProposedPay Plan.............................................................................................................................................4-3
ProposedInsurance Premiums.................................................................................................................4-11
Insurance& Benefits.....................................................................................................................................4-12
Risk& Workers' Compensation................................................................................................................ 4-13
HISTORICAL & COMPARISON DATA.............................................................................................................. TAB S
Monthly Service Charges & Key Fiscal Points............................................................Replacement 5-1
PopulationGrowth in Euless.........................................................................................................................5-2
General Fund Multi -Year Analysis..................................................................................Replacement 5-3
General Fund Revenue Assumptions.........................................................................................................5-4
PropertyTax Revenues........................................................................................................Replacement 5-5
Tax Rate & Exemptions Comparisons...........................................................................Replacement 5-6
TaxRate Impact.....................................................................................................................Replacement 5-7
Water/ Wastewater Fund Revenue Assumptions...............................................................................5-8
UtilityRate History................................................................................................... ......5-9
..................................
Sanitation and Recycling Comparison of Service & Rates............................................................5-10
Drainage Utility Charge Comparison.....................................................................................................5-11
Comparative Rates, Water & Wastewater -Other Cities................................................................. 5-12
Impact of Water & Wastewater Rate Increase.................................................................................. 5-13
UtilityBill Comparison.................................................................................................................................5-14
T H E C I T Y O F
EULESS
July 30, 2021
Honorable Mayor Linda Martin
Honorable City Councilmembers:
Tim Stinneford, Place One, Mayor Pro Tern
Jeremy Tompkins, Place Two
Eddie Price, Place Three
Perry Bynum, Place Four
Harry Zimmer, Place Five
Tika Paudel, Place Six
INTRODUCTION
As required by the City of Euless' Home Rule Charter, the operating budget for the fiscal
year beginning October 1, 2021 and ending September 30, 2022 is submitted for your
review.
This budget document includes all required data per the City's Charter and includes
additional supplementary information. We hope our citizens find this document easy to
navigate.
In accordance with state law, the proposed budget was filed with the municipal clerk on
July 16, 2021 and was based on estimated taxable property values since certified
values were not received until July 23, 2021. As stated in that document, we have
updated the proposed budget based on actual certified taxable property values and
adjusted the proposed tax rate accordingly. Both the original and updated versions of
the proposed budget will be available on the City's website for citizen review. The table
of contents in the proposed budget will reflect any updated pages as "replacement"
pages for ease of the reader.
We would like to extend our thanks to all of the department directors and managers
along with the finance staff for their outstanding performance in preparing this budget
document.
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
BUDGET HIGHLIGHTS
In preparing this budget, we strived to restore personnel and operating funds that were
cut during the prior year due to the COVID-19 global pandemic. The most significant
cuts, excluding personnel, were the annual funding for street maintenance and annual
depreciation funding for our City's fleet, equipment, furnishings and fixtures.
Based on increased calls for service, this budget includes additional public safety
personnel, including three firefighter/paramedics and three police officers. We believe
these positions are necessary in order to maintain appropriate response times for
emergency calls for service.
The City has reduced or held the tax rate for 27 consecutive years, reducing from a high
of 61.860 in 1994 to the current rate of 46.250. In order to fund the additional public
safety personnel, the proposed tax rate for FY2021-2022 is 47.50 per $100 of assessed
valuation. This is an increase of 1.250. Based on the average residential home value of
$240,354, an average homeowner will pay $913.35 in annual property taxes compared
to an average annual tax burden of $884.99 for FY2020-2021, which is an increase of
$28.36 per year or $2.36 per month. The proposed rate is lower than the voter approval
rate, which is 47.68250.
Highlights of the proposed budget are detailed below:
♦ Personnel has been restored to pre-COVID-19 levels with one exception (an
internal auditor position remains frozen). Additionally, three
firefighter/paramedics and three police officers are included in the General Fund
and a public works field tech has been added to the Water and Wastewater
fund.
♦ A baseline salary increase of 2% is proposed for the employee pay plan.
Additionally, funding has been included to provide a one-time lump sum
payment of up to 3% based on performance.
♦ Water and wastewater rates remain the same.
♦ A 300 per thousand gallons rate stabilization rebate remains unchanged for
residential water customers up to 15,000 gallons per month.
♦ The stormwater drainage rate includes a 250 increase per month for residential
customers with a proportionate increase for commercial customers.
♦ The Water and Wastewater Operating Fund includes transfers to Capital
Improvement Programs (CIP) to cash flow infrastructure improvements including
water and wastewater line replacements. The annual commitment for line
replacement is $1,075,000.
♦ Funding for annual street improvements in the amount of $1,025,000 was
restored in the General Fund baseline budget.
♦ Depreciation funding for the majority of the City's vehicles, equipment,
furnishings and fixtures has been restored in the baseline budgets at 100%
(Texas Star Golf Course remains at 55%).
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
2 Replacement
♦ A detail of the recommended supplemental and capital / one-time programs is
included in this Proposed Budget, as well as in Tab 2 along with a schedule of
vehicle, equipment, furnishings and fixture replacements.
GENERALFUND
General Fund revenues are proposed at $45,381,209 which represents an increase of
10% from the previous year's budget. The increase is primarily due to sales tax
collections which are recovering after the COVID-19 pandemic and the estimated
increase in property tax revenue from new development, increased values and the
proposed tax rate increase. The increase in the tax rate is requested to fund three
additional firefighter/paramedics and three additional police officers.
Property valuations as of July 25t", included minimum value of property under protest
and incomplete properties, provided to the City by the Tarrant Appraisal District totaled
$5,306,690,383 for FY2021-22. This represents an increase of $142,440,090 or 2.76%
from the FY2020-21 tax roll of $5,164,250,293. The tax rate proposed for FY2021-22 is
47.50 per $100 of assessed valuation, which includes 40.290 for maintenance and
operations and 7.210 for debt service.
FY2020-21 sales tax collections are projected to end the fiscal year up almost 19% from
budget due to better than expected collections. Projections for FY2021-22 sales taxes
assumes an increase of almost 2% from FY2020-21 year-end estimates.
Other revenue sources including building permits and fines and fees have been held flat
or reduced. While building permits have been strong, this revenue source will be vastly
reduced when the City reaches buildout. Therefore, we continue to reduce our
dependence on this revenue. Municipal court fines and fees have been reduced based
on declining case volume and legislative changes that impact collection of fines and
fees. Franchise fees are projected to decrease due to legislative changes and current
market trends. Jail revenue is expected to increase based on a new interlocal
agreement with the City of Bedford for shared jail services. Interest income is expected
to remain low due to the Federal Reserve interest rates and uncertain market
conditions. Miscellaneous income is projected to remain flat.
General Fund operating expenses, excluding capital programs, are proposed at
$45,354,585 which represents an increase of approximately 10%. This increase is
primarily due to the reinstatement of positions to pre-COVID-19 levels and the need for
three new firefighter/paramedics and three new police officers. Additionally, funding has
been restored for equipment replacement and street maintenance programs.
During the prior year, four police officers were moved to the General Fund from CCPD
due to a reduction in sales tax revenue. The FY2021-22 budget moves three positions
back to the CCPD Fund and continues to fund the fourth from the General Fund.
Juvenile Case revenue continues to decline; therefore, one-half of the Juvenile Case
Manager has been transferred to the General Fund.
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
3 Replacement
A 2% baseline salary increase is budgeted for FY2021-22 as well as funding for a one-
time lump sum of up to 3% based on performance.
Contractual rebates have been increased based on expected increases in sales tax
collections.
Recommended capital items are detailed in the proposed budget and are funded from
excess reserves.
In accordance with the City's fiscal policy, all current expenses will be paid from current
revenues. Per this policy, the budgeted General Fund reserve is equal to 60 days
working capital. The fund balance summary verifies that the City has complied with this
policy. Excess reserves have only been used to fund proposed capital and one-time
needs.
WATER AND WASTEWATER FUND
The FY2021-22 budget includes proposed operating revenues of $27,725,282, which is
an increase of 2% over FY2020-21 budgeted revenues. The water and wastewater
revenue projections are based on current rates to utility customers at estimated
consumption for FY2021-22. A proposed rebate of 300 per thousand gallons of water
used up to a maximum of 15,000 gallons per month is included for single-family
residential customers. The City's Rate Stabilization Fund will provide the resources to
cover the cost of the proposed rebate.
Proposed water and wastewater baseline expenses are $27,715,916, which is an
increase of 3% over current year. Positions have been reinstated to pre-COVID-19
levels and a new public works field technician has been added to meet service
demands. Additionally, a 2% salary increase is included in baseline as well as funding
for a one-time lump sum up to 3% based on performance.
Recommended capital / one-time items are detailed in the proposed budget and funded
from excess reserves.
The proposed budget meets the criteria set forth in the City's fiscal policies with
reserves calculated at 75 days of working capital.
Water and Wastewater Debt Reserve Requirements
Water and wastewater revenue bond covenants require the City to maintain sufficient
reserves equal to the average annual debt service requirements. This debt reserve is in
addition to the working capital reserve required by the City's fiscal policies and is
maintained in a separate fund. The reserve level currently exceeds the requirements of
the bond covenants therefore excess reserve will be transferred to Water and
Wastewater CIP in FY2021-22.
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
4 Replacement
EQUIPMENT REPLACEMENT FUND
The City maintains an equipment replacement program to accumulate funds for the
replacement of existing vehicles, equipment, furnishings and fixtures. Funding is
provided annually by user departments in order to accumulate funds to cover the
expected replacement costs. Additionally, purchases in excess of $75,000 are
supplemented with funding from the car rental fund and the use of tax notes as
required.
SPECIAL REVENUE FUNDS
Hotel/Motel Fund
The Hotel/Motel Fund was established to account for a 7% hotel/motel occupancy tax
allowed by the State of Texas. The tax is levied on the rental of a hotel/motel room
within the City of Euless. Funds generated by this occupancy tax must be expended for
items that qualify in accordance with state law including the promotion of tourism,
programs which enhance the arts, historical restoration programs, and convention
facilities.
The hotel/motel tax receipts are projected to increase in FY2021-22 from current year
collections based on increased travel. Historical preservation, conference center
operations, and contractual rebates are included in the budget for FY2021-22.
Half -Cent Sales Tax Fund — Euless Development Corporation (EDC)
Euless citizens approved an additional 1/20 sales tax in 1993 that is restricted for parks,
library, and economic development activities. Sales tax revenue projections for
FY2021-22 are expected to increase almost 18% from the current year budget. All
positions have been reinstated to pre-COVID-19 levels and a 2% increase in baseline
salaries is included. Recommended capital / one-time programs, as detailed in Tab 2,
include fencing at the Parks at Texas Star (PATS), repainting of aquatic's center slides,
and transfers to CIP for miscellaneous parks improvements, PATS Phase VII funds for
staff offices and Blessing Branch Park improvements. This budget maintains the
required 60 days of working capital for reserves.
Car Rental Tax Fund
In November 1999, Euless citizens approved a 5% tax to be collected on all short-term
motor vehicle rentals within the City limits. In the spring of 2000, the Dallas -Fort Worth
International (DFW) Airport opened a consolidated car rental facility within Euless city
limits. These funds are divided equally among Euless, Dallas, and Fort Worth per the
requirements of a revenue sharing agreement established by the parties in FY1997-98.
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
5 Replacement
The COVID-19 pandemic devastated the travel industry. Revenue from car rentals
dropped substantially but is making a gradual recovery. We expect revenues of
$10,915,975 in FY2021-22.
Expenditures from this fund include a transfer to the General Fund equal to one-third of
the City's share of the revenue. This transfer helps offset the amount needed from
property taxes to support general government operations. Additionally, funds are
included for redevelopment projects and facility improvements.
The recommended reserve level of $2,000,000 has been maintained.
Juvenile Case Management Fund
With declining municipal court case volume, revenue from the juvenile case fee is
projected to decline. Therefore, we have transferred one-half of the Juvenile Case
Manager to the General Fund and are using excess reserves for a portion of operations
as these funds are restricted for the sole purpose of providing for juvenile case
management.
CAPITAL IMPROVEMENT FUNDS
A separate Capital Improvements Program (CIP) has been updated and will be
distributed under separate cover. This comprehensive document provides a summary
of all funded projects detailing project scope, justification, funding sources, future
maintenance and operating costs, and expenses to -date.
Unfunded projects are categorized as Priority A, B, or C. Priority A items are
recommended in the upcoming budget year and funding sources have been identified.
Priority B items are expected to be presented for funding consideration within a two to
five year window. Priority C items have been identified, but will be introduced for
funding consideration at some time beyond the five year window. Projects identified as
Priority B are considered in multi -year financial planning. This Capital Improvements
Plan is fluid and will be reviewed and updated annually based on infrastructure needs
within the City.
The FY2021-22 recommended Priority A projects include Bear Creek Elementary
Drainage Channel Improvements; annual street improvements; wastewater line
replacements at Paula Lane/David Drive/Susan Street/Raider Court and at Midway Park
311 Addition; water line replacement on Huntington Drive; replacement of the 1 M Water
Well; Blessing Branch Park Improvements; and a roof replacement and preventative
maintenance program. Capital funding is also included for expansion of the reclaimed
water system, redevelopment projects, and miscellaneous capital improvements.
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
6 Replacement
LONG-TERM DEBT
The City has existing long-term debt issued for the acquisition and construction of major
capital facilities, infrastructure, and equipment. Additional debt issuance is being
discussed for a private/public partnership. The details of this debt issuance are yet to
be determined but would be paid by a public improvement district assessment. A brief
explanation of the various debt instruments is provided below:
General Obligation Bonds — issued pursuant to voter authorization for infrastructure and
facility projects.
General Obligation Refunding Bonds — issued to refund existing General Obligation
Bonds and Certificates of Obligations in order to lower the overall debt service
requirements of the City. These bonds do not require voter authorization.
Certificates of Obligation — similar to General Obligation bonded debt in usage, but do
not require voter authorization and cannot be used for refunding existing debt.
Water and Wastewater Revenue Bonds — issued to provide funds for certain
improvements to the water and wastewater system as well as to refund prior water and
wastewater debt issues. These bonds are reported in the Water and Wastewater Fund
and will be repaid from revenues of this enterprise operation.
Sales Tax Revenue Bonds — are used to finance library, park, and economic
development projects as well as to refund prior sales tax revenue debt issues. Sales tax
revenue bonds will be repaid from the half -cent sales tax revenues collected by the
Euless Development Corporation.
The City strives to utilize the long-term plan to maintain a stable Interest and Sinking
(I&S) tax rate so as not to have undue volatility in the overall tax rate due to capital
projects and debt issuance. Additional information relating to the City's currently
outstanding debt is included in Tab 3 of this book.
CLOSING COMMENTS
This proposed budget is focused on providing the resources to allow us to continue all
current service levels, restoring needed personnel and requesting a 1.250 increase in
the tax rate for the purpose of hiring 3 additional firefighter/paramedics and 3 additional
police officers. These positions are necessary to allow us to continue to respond timely
to requests for emergency services.
We believe that this is a fiscally sound budget that meets our City's primary objectives
including: maintaining financial integrity; providing public safety and health services to
the community; employing high -quality professional personnel; maintaining the City's
infrastructure; promoting quality development; providing quality leisure opportunities;
and instilling a "sense of community" in residents. We will continue to be diligent in the
use of City funds and will remain flexible to adapt to the changing conditions.
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
7 Replacement
We look forward to seeing you at the budget work session.
Respectfully submitted,
Loretta Getchell,
City Manager
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 Metro 817/267-4403 Fax 817/685-1416
www.eulesstx.gov
8 Replacement
EXECUTIVE SUMMARY
GENERALFUND
FY 2021 Budgeted Resources $ 44,768,168
Less Use of Prior Year Reserves $ (3,399,397)
FY 2021 Net Operating Revenues $ 41,368,771
Proposed Changes in Revenue
Property Taxes
$
1,449,672
Sales Tax
$
2,485,673
Franchise Fees
$
(267,526)
Licenses and Permits
$
(10,500)
Fines and Fees
$
73,670
Interest Income
$
(40,662)
Transfers
$
427,705
Other Changes
$ (105,594)
Subtotal:
$ 4,012,438
FY 2022 Proposed Operating Revenues
$ 45,381,209
FY 2021 Budgeted Expenses $ 44,720,044
Less Capital / One -Time Expenses $ (3,399,397)
FY 2021 Net Operating Expenses $ 41,320,647
Proposed Changes in Expenses
Salaries and Benefits
$
525,340
Rebates/Incentives
$
78,008
Professional/Technical
$
(104,595)
Utilities and Fees
$
(94,768)
Maintenance/Supplies
$
153,768
Equipment Replacement
$
1,591,448
Street Improvements
$
1,026,500
Other Changes
$
171,067
Subtotal:
$
3,346,768
FY 2022 Proposed Supplemental
$
687,170
FY 2022 Proposed Operating Expenses
$
45,354,585
Proposed Capital / One -Time Expenses
Capital / One -Time Carryover
$
429,383
Recommended Capital / One -Time Expenses
$
3,994,400
FY 2022 Proposed Capital / One -Time Expenses
$
4,423,783
FY 2022 Proposed Budget
$
49,778,368
9 Replacement
EXECUTIVE SUMMARY
WATER & WASTEWATER
FY 2021 Budgeted Resources
$ 27,278,459
Less Use of Prior Year Reserves
$ (198,944)
FY 2021 Net Operating Revenues
$ 27,079,615
Proposed Changes in Revenue
Water Service
$
436,746
Wastewater Service
$
(41,097)
Reclaimed Water Service
$
224,921
Interest Income
$
(20,000)
Sanitation/Recycling/Penalties
$
45,197
Subtotal:
$ 645,767
FY 2022 Proposed Operating Revenues
$ 27,726,282
FY 2021 Budgeted Expenses
$
27,186,602
Less Capital / One -Time Expenses
$ (198,944)
FY 2021 Net Operating Expenses
$ 26,987,658
Proposed Changes in Expenses
Salaries and Benefits
$
88,245
TRA Payments
$
21,525
Reclaimed Water Purchases
$
115,143
Transfers
$
275,280
G&A/Franchise
$
64,576
Utilities and Fees
$
(55,000)
Maintenance
$
11,094
Regulatory Fees
$
35,000
Other Changes
$
100,797
Subtotal:
$ 666,660
FY 2022 Proposed Supplemental
$ 71,598
FY 2022 Proposed Operating Expenses
$ 27,715,916
Proposed Capital / One -Time Expenses
Capital /One -Time Carryover
$
190,044
Recommended Capital / One -Time Expenses
$
1,716,299
FY 2022 Proposed Capital / One -Time Expenses
$ 1,906,343
FY 2022 Proposed Budget
$ 29,622,259
10
EXECUTIVE SUMMARY
CAR RENTAL FUND
FY 2021 Budgeted Resources
Less Use of Prior Year Reserves
FY 2021 Net Operating Revenues
Proposed Changes in Revenue
Car Rental Taxes
Transfers In
Interest Income
Subtotal:
FY 2022 Proposed Operating Revenues
FY 2021 Budgeted Expenses
Less Capital / One -Time Expenses
FY 2021 Net Operating Expenses
Proposed Changes in Expenses
DFW Rebate
Contingencies
Transfer to General Fund
Transfer to Equipment Replacement
Subtotal:
FY 2022 Proposed Operating Expenses
Proposed Capital / One -Time Expenses
Capital /One -Time Carryover
Recommended Capital / One -Time Expenses
FY 2022 Proposed Capital / One -Time Expenses
FY 2022 Proposed Budget
$ 8,648,874
$ (1,253,466)
$ 3,554,067
$ 1,962,219
$ (8,200)
$ 7,079,395
$ (1,253,466)
$ 2,369,378
$ 394,896
$ 239,449
$ 372,972
$ 1,110,000
$ 7,395,408
$ 5,608,086
$ 12,903,494
$ 5,826,929
$ 3,003,723
$ 8,829,652
$ 1,482,972
$ 10,312,624
11 Replacement
Fund Balance Summary
Estimated FY2020-21 and Budgeted FY2021-22
General and Internal Service Funds
Insurance &
Risk Mgmt. &
Equipment
General
Benefits
Comps
Replacement
Beginning Balance, FY21 $18,718,506
$5,680,312
$2,161,658
$10,992,819
(per audit, FYE 2020)
FY21 Estimated Revenues 43,693,288
7,282,014
1,015,328
4,317,819
Total Available: 62,411,794
12,962,326
3,176,986
15,310,638
FY21 Estimated Expenses
(41,320,647)
(7,253,937)
(1,028,467)
(1,472,500)
Proposed Budget Adjustment
(1,471,759)
0
0
0
Capital / One -Time Expenses
(3,655,014)
0
17( 0,000)
0
Total Projected Expenses:
(46,447,420)
(7,253,937)
(1,198,467)
(1,472,500)
Estimated Ending Balance FY21
15,964,374
5,708,389
1,978,519
13,838,138
FY22 Budgeted Revenues
45,381,209
7,587,950
1,128,989
5,119,858
Total Available:
61,345,583
13,296,339
3,107,508
18,957,996
FY22 Budgeted Expenses
Capital Carryover
Capital / One -Time Expenses
Total Projected Expenses:
(45,354,585) (7,577,950)
(429, 383) 0
(3,994,400) (37,925)
(49,778,368) (7,615,875)
(1,128,664) (4,941,200)
0 0
(2,261) 0
(1,130,925) (4,941,200)
projected Ending Balance, FY22
11,567,215
6,680,464
1,976,583
14,016,796
.ess: Designated Reserve
(95,392)
0
0
0
Wjusted Ending Balance
11,471,823
5,680,464
1,976,583
14,016,796
Recommended Reserve Levels per Fiscal Policy.
7,455,548 2,126,956
Available for Supplemental:
Available for Capital / One -Time:
Total Available
26,624 10,000
3,989,651 3,543,508
4,016,275 3,553,508
600,000 14,016,796
325 178,658
1,376,258 (178,658)
1,376,583 0
12 Replacement
Fund Balance Summary
Estimated FY2020-21 and Budgeted FY2021-22
Special Revenue Funds
Hotel/ Juvenile EDC 112 Cent CCPD 114
Motel Case Sales Tax Cent Sales Car Rental
Tax
lBeginning Balance, FY21
$576,436
$257,636
$3,596,344
$1,083,533
$2,190,267 I
(per audit, FYE 2020)
FY21 Estimated Revenues
528,738
43,440
5,862,737
2,872,624
6,674,908
Total Available:
1,105,174
301,076
9,459,081
3,956,157
8,865,175
FY21 Estimated Expenses
(524,174)
(90,658)
(4,671,893)
(2,122,850)
(5,825,929)
Proposed Budget Adjustment
0
0
(128,869)
0
Capital / One -Time Expenses
0
(22,000)
(157,668)
6( 9,635)
(880,494)
Total Projected Expenses:
524 174
(112,658)
(4,958,430)
(2,192,485)
(6,706,423)
Estimated Ending Balance FY21
581,000
188,418
4,500,651
1,763,672
2,158,752
FY22 Budgeted Revenues
583,140
43,522
5,877,968
2,887,027
12,903,494
Total Available:
1,164,140
231,940
10,378,619
4,650,699
15,062,246
FY22 Budgeted Expenses
(579,211)
(57,381)
(4,912,583)
(2,872,456)
(8,829,652)
Capital Carryover
(75,000)
(14,000)
(637,089)
(13,200)
(372,972)
Capital / One -Time Expenses
0
(2,256)
(1,167,715)
42( 6.035)
(1,110,0001
Total Projected Expenses:
654211
7( 3,637)
(6,717,387)
(3,311,691)
(10,312,624)
)rojected Ending Balance, FY22
509,929
158,303
3,661,232
1,339,008
4,749,622
.ess: Designated Reserve
(66,937)
0
0
0
0
ldjusted Ending Balance
442,992
158,303
3,661,232
1,339,008
4,749,622
Recommended Reserve Levels per Fiscal Policy:
95,213
9,432
807,548
472,185
2,000,000
Available for Supplemental: 3,929
(13,859)
965,385
14,571
4,073,842
Available for Capital / One -Time: 343,850
162,730
1,888,299
852,252
(1,324,220)
Total Available 347,779
148,871
2,853,684
866,823
2,749,622
13
Fund Balance Summary
Estimated FY2O2O-21 and Budgeted FY2O21-22
Special Revenue Funds (continued)
Police Police Glade Glade Cable Midtown Midtown
Drug Grant Seized Parks PID Parks PEG Fee PID TIRZ
Assets #1 TIRZ
FY21 Estimated Revenues
115,081
5,412,344
100
0
1,818,785
90,838
1,109,856
399,989
Total Available:
647,415
5,412,755
254,758
750,000
3,673,139
699,500
1,234,406
527,012
FY21 Estimated Expenses
(500)
(64,061)
(34,104)
0
(1,138,167)
(110,000)
(1,009,747)
(100,009)
Proposed Budget Adjustment
(20,000)
0
0
0
0
0
0
0
Capital / One -Time Expenses
(39,349)
0
0
0
0
0
0
0
Total Projected Expenses:
(59,849)
(64,061)
(34,104)
0
(1,138,167)
11( 0,000)
(1,009,747)
10( 0,009)
Estimated Ending Balance FY21
587,566
5,348,694
220,664
750,000
2,534,972
589,500
224,659
427,003
FY22 Budgeted Revenues
20,500
5,255,951
100
0
1,867,021
91,000
803,338
697,981
Total Available:
608,066
10,604,645
220,754
750,000
4,401,993
680,500
1,027,997
1,124,984
FY22 Budgeted Expenses
(20,500)
(58,978)
(34,104)
0
(1,136,374)
(90,600)
(803,338)
(303,691)
Capital Carryover
(139,403)
0
0
0
0
0
0
0
Capital / One -Time Expenses
0
(9,405,087)
0
0
0
0
0
0
Total Projected Expenses:
(159,903)
(9,464,065)
(34,104)
0
(1,136,374)
(90,600)
(803,338)
(303,691)
'rojected Ending Balance, FY22 448,163 1,140,580 186,650 750,000 3,265,619 589,900 224,659 821,293
.ess: Designated Reserve 0 0 0 (750,000) 0 0 0 0
kdjusted Ending Balance 448,163 1,140,580 186,650 0 3,265,619 589,900 224,659 821,293
Recommended Reserve Levels per Fiscal Policy.,
0
0
0
0
0
0
0
0
Available for Supplemental: 0
5,196,973
(34,004)
0
730,647
400
0
394,290
Available for Capital / One -Time: 448,163
(4,056,393)
220.654
0
2,534,972
589,500
224,659
427,003
Total Available 448,163
1,140,580
186,650
0
3,265,619
589,900
224,659
821,293
14 Replacement
Fund Balance Summary
Estimated FY2020-21 and Budgeted FY2021-22
Enterprise Funds
Water & Service Drainage Recreation Arbor Texas Star Parks at
Wastewater Center Utility Classes Daze Golf Texas
System Star
18eginning Balance, FY21
$9,267,938
$598,186
$348,304
$144,022
$54,293
$37,519
$366,860 J
(per audit, FYE 2020)
FY21 Estimated Revenues
27,079,515
1,212,265
840,636
787,027
18
4,629,475
885,000
Total Available:
36,347,453
1,810,451
1,188,940
931,049
54,311
4,666,994
1,251,860
FY21 Estimated Expenses
(26,987,658)
(1,212,265)
(834,563)
(697,935)
0
(4,606,455)
(725,564)
Capital / One -Time Expenses
(8,900)
(27,500)
10( 0,000)
0
0
0
0
Total Projected Expenses:
(26,996,558)
(1,239,765)
93( 4,563)
(697,935)
0
(4,606,455)
(725,564)
Estimated Ending Balance FY21
9,350,895
570,686
254,377
233,114
64,311
60,539
526,296
FY22 Budgeted Revenues
27,725,282
1,215,711
923,966
783,027
25,689
5,463,868
1,062,030
Total Available:
37,076,177
1,786,397
1,178,343
1,016,141
80,000
5,524,407
1,588,326
FY22 Budgeted Expenses
(27,715,916)
(1,214,657)
(865,556)
(715,036)
(80,000)
(4,515,970)
(968,804)
Capital Carryover
(190,044)
0
0
0
0
0
0
Capital/One-Time Expenses
(1,716,299)
(12,291)
65121
0
0
(25,373)
26( 2,995)
Total Projected Expenses:
(29,622,259)
(1,226,948)
(930,677)
(715,036)
8( 0,000)
(4,541,343)
(1,231,799)
Irojected Ending Balance, FY22 7,453,918 559,449 247,666 301,105 0 983,064 356,523
.ess: Designated Reserve 0 0 0 0 0 0 0
Ldjusted Ending Balance 7,463,918 559,449 247,666 301,105 0 983,064 356,527
Recommended Reserve Levels
per Fiscal Policy:
5,695,061
0
177,864
146,926
0
927,939
199,069
Available for Supplemental:
9,366
1,054
58,410
67,991
(54,311)
947,898
93,226
Available for Capital / One -Time:
1,749,501
558,395
11,402
86,189
64,311
(892,773)
64,232
Total Available
1,758,867
569,449
69,812
154,180
0
56,126
157,458
15
Fund Balance Summary
Estimated FY2020-21 and Budgeted FY2021-22
Debt Service Funds
EDC 112 Water & Texas
G.O.Debt Stars Star Golf
Service Center Debt Cent Sales Wastewater Course
Tax Debt Debt Debt
Beginning Balance, FY21 $2,541,505 $134,794 $10,834 $598,237 $67,270
(per audit, FYE 2020)
FY21 Estimated Revenues
8,139,898
712,896
394,605
1,220,326
594,125
Total Available:
10,681,403
847,690
405,439
1,818,563
651,395
FY21 Estimated Expenses
(6,070,834)
(712,896)
(394,605)
(1,219,826)
(594,566)
Proposed Budget Adjustment
(1,695,000)
0
0
0
0
Total Projected Expenses:
(7,765,834)
71l 2,896)
(394,605)
(1,219,826)
(594,566)
Estimated Ending Balance FY21
2,915,669
134,794
10,834
598,737
56,829
FY22 Budgeted Revenues
5,778,690
710,470
402,125
1,212,183
591,715
FY22 Budgeted Revenues
8,694,259
845,264
412,959
1,810,920
648,544
FY22 Budgeted Expenses
(5,834,998)
(710,470)
(402,125)
(1,212,183)
(591,715)
Capital / One -Time Expenses
(999,725)
0
0
0
0
Total Projected Expenses:
(6,834,723)
710470
(402,125)
(1,212,183)
(591,715)
Projected Ending Balance, FY22
1,859,536
134,794
10,834
598,737
56,829
Less: Designated Reserve
(518,154)
(41,250)
0
0
0
Adjusted Ending Balance
1,341,382
93,544
10,834
598,737
56,829
Recommended Reserve Levels per Fiscal Policy:
328.944
Available for Supplemental: (56,308)
Available for Capital / One -Time: 1,068,746
Total Available 1,012,438
0 0 0 0
0 0 0 0
93,544 10,834 598,737 56,829
93,544 10,834 598,737 56,829
16 Replacement
Fund Balance Summary
Estimated FY2020-21 and Budgeted FY2021-22
Reserve Funds
General
EDC 112 Cent
Water &
Water &
Texas Star
Emergency /
Midtown
Sales Tax
Wastewater
Wastewater
Texas Star
Sports
Contingency
Bond
Debt
Debt &
Rate
Golf Course
Complex
Reserves
Reserve
Reserve
Emergency
Stabilization
Reserve
Reserve
Reserve
Reserve
)Beginning Balance, FY21
1,600,000
$391,500
$999,726
$1,327,464
$3,406,384
$266,776
$662,684
(per audit, FYE 2020)
FY21 Estimated Revenues
0
9 625
0
0
1,138,982
15,120
50,300
Total Available:
1,500,000
401,125
999,725
1,327,464
4,544,366
281,896
702,884
FY21 Estimated Expenses
0
0
0
0
(262,742)
0
(50,000)
Total Projected Expenses:
0
0
0
0
(262,742)
0
(50,000)
Estimated Ending Balance FY21
1,600,000
401,126
999,726
1,327,464
4,281,624
281,896
652,884
FY22 Budgeted Revenues
0
0
999,725
0
20,000
16,000
52,500
FY22 Budgeted Revenues
1,500,000
401.125
1,999,450
1,327,464
4,301,624
297,896
705,384
FY22 Budgeted Expenses
0
0
(999,725)
0
(287,523)
0
(100,000)
Capital / One -Time Expenses
0
0
0
76 914
0
0
(60,000)
Total Projected Expenses:
0
0
(999,725)
(76,914)
287 523
0
(160,000)
Projected Ending Balance, FY22 1,600,000 401,126 999,726 1,260,550 4,014,101 297,896 645,384
Less: Designated Reserve (1,600,000) (401,126) 991 9.726) (1,250,6601 0 0 (623,733)
Adjusted Ending Balance 0 0 0 0 4,014,101 297,896 21,651
Recommended Reserve Levels per Fiscal Policy,
0 0
0
0
0
0
0
Available for Supplemental:
0 0
0
0
(267,523)
16,000
(47,600)
Available for Capital / One -Time:
0 0
0
0
4,281,624
281,896
69,151
Total Available
0 0
0
0
4,014,101
297,896
21,661
Wil
Where Does The Money Come From?
FY2021-2022
Other
Debt 14%
c of
Budgeted FY2020-2021 Proposed FY2021-2022
Use of
Revenue Reserves
General
$
41,368,771
$
3,399,397
Hotel/Motel
$
532,338
$
-
Juvenile Case
$
54,000
$
72,658
EDC%0 Sales Tax
$
4,985,335
$
794,757
CCPD%0 Sales Tax
$
2,161,768
$
82,835
Police Seized Assets Fund
$
1,000
$
33,104
Police Drug Fund
$
2,050
$
178,662
Grant Fund
$
64,061
$
-
Car Rental
$
7,395,408
$
1,253,466
Glade Parks TIRZ
$
1,832,232
$
-
Cable PEG Fund
$
110,000
$
Midtown PID
$
1,109,756
$
Midtown TIRZ
$
399,989
$
-
Water & Wastewater
$
27,079,515
$
198,944
Service Center
$
1,212,265
$
27,500
Drainage Utility
$
837,200
$
100,000
Recreation Classes
$
787,027
$
-
Arbor Daze
$
25,583
$
54,417
Texas Star Golf Course (TSGC)
$
4,629,475
$
-
Parks at Texas Star (PATS)
$
885,000
$
-
Equip. Replacement
$
4,222,819
$
Insurance
$
7,282,014
$
-
Risk/WC
$
1,045,308
$
170,000
General Obligation Debt
$
6,000,969
$
69,865
Star Center Debt
$
715,896
$
-
EDC Debt
$
394,605
$
Water & Wastewater Debt
$
1,220,326
$
-
TSGC Debt
$
594,125
$
441
TOTAL
$
116,948,835
$
6,436,046
Schedule includes operating and debt funds and excludes CIP and reserve funds.
Use of
Revenue Reserves
$ 45,381,209 $ 4,423,783
$ 583,140
$
75,000
$ 43,522
$
16,256
$ 5,877,968
$
1,804,804
$ 2,887,027
$
439,235
$ 100
$
34,004
$ 20,500
$
139,403
$ 5,255,951
$
5,196,973
$ 12,903,494
$
1,482,972
$ 1,867,021
$
-
$ 91,000
$
-
$ 803,338
$
-
$ 697,981
$
-
$ 27,725,282
$
1,906,343
$ 1,215,711
$
12,291
$ 923,966
$
65,121
$ 783,027
$
-
$ 25,689
$
54,311
$ 5,463,868
$
25,373
$ 1,062,030
$
262,995
$ 5,119,858
$
-
$ 7,587,950
$
37,925
$ 1,128,989
$
2,261
$ 5,778,690
$
999,725
$ 710,470
$
-
$ 402,125
$
$ 1,212,183
$
$ 591,715
$
-
$ 136,143,804
$
16,978,775
18 Replacement
Where Does The Money Go?
FY2021-2022
Insure
6°G
Golf
4%
W&WV
22%
Debt Other
Risk/WC 7% 10%
Car Rental CCPD EDC
7% 2% 4%
Budgeted FY2020-2021
Operating Capital /
Fund Expenses One -Time
General
$
41,320,647
$
3,399,397
Hotel/Motel
$
524,174
$
-
Juvenile Case
$
90,658
$
36,000
EDC %0 Sales Tax
$
4,671,893
$
794,757
CCPD%0 Sales Tax
$
2,122,850
$
82,835
Police Seized Assets Fund
$
34,104
$
-
Police Drug Fund
$
500
$
178,662
Grant Fund
$
64,061
$
-
Car Rental
$
5,825,929
$
1,253,466
Glade Parks TIRZ
$
1,138,167
$
-
Cable PEG Fund
$
110,000
$
Midtown PID
$
1,009,747
$
Midtown TIRZ
$
100,009
$
-
Water & Wastewater
$
26,987,658
$
198,944
Service Center
$
1,212,265
$
27,500
Drainage Utility
$
834,563
$
100,000
Recreation Classes
$
697,935
$
-
Arbor Daze
$
80,000
$
Texas Star Golf Course (TSGC)
$
4,606,455
$
Parks at Texas Star (PATS)
$
725,564
$
Equip. Replacement
$
1,472,500
$
Insurance
$
7,253,937
$
-
Risk/WC
$
1,028,467
$
170,000
General Obligation Debt
$
6,070,834
$
-
Star Center Debt
$
712,896
$
EDC Debt
$
394,605
$
Water & Wastewater Debt
$
1,219,826
$
TSGC Debt
$
594,566
$
-
TOTAL
$
110,904,810
$
6,241,561
Schedule includes operating and debt funds and excludes CIP and reserve funds.
General
37%
Proposed FY2021-2022
Operating Capital /
Expenses One -Time
$ 45,354,585 $ 4,423,783
$
579,211
$
75,000
$
57,381
$
16,256
$
4,912,583
$
1,804,804
$
2,872,456
$
439,235
$
34,104
$
-
$
20,500
$
139,403
$
58,978
$
9,405,087
$
8,829,652
$
1,482,972
$
1,136,374
$
-
$
90,600
$
$
803,338
$
$
303,691
$
-
$
27,715,916
$
1,906,343
$
1,214,657
$
12,291
$
865,556
$
65,121
$
715,036
$
-
$
80,000
$
-
$
4,515,970
$
25,373
$
968,804
$
262,995
$
4,941,200
$
-
$
7,577,950
$
37,925
$
1,128,664
$
2,261
$
5,834,998
$
999,725
$
710,470
$
-
$
402,125
$
$
1,212,183
$
$
591,715
$
-
$
123,528,697
$
21,098,574
19 Replacement
FY2021-2022
Property Taxes
42%
General Fund Revenues
Miscellaneous
2%
Sales & Uses Taxes
32%
Transfers Fines & Fees
6% Interest 7%
0%
Licenses/Permits
2%
Franchise Fees
9%
Proposed
FY21 Budget to
General Fund
Actual
Budget
Estimated
Budget
FY22 Proposed
Revenues
FY 20
FY 21
FY 21
FY 22
$ Diff
% Diff.
Property Taxes
$
17,063,479
$
17,712,859
$
18,112,859
$
19,162,531
$
1,449,672
8%
Prior Year Property Taxes
$
8,419
$
15,000
$
40,000
$
15,000
$
-
0%
Penalties & Interest
$
77,331
$
60,000
$
80,000
$
71,400
$
11,400
19%
Sales Tax
$
10,692,982
$
9,476,172
$
11,264,563
$
11,530,175
$
2,054,003
22%
Additional Sales Tax
$
2,760,657
$
2,450,873
$
2,893,078
$
2,882,543
$
431,670
18%
Mixed Drink Tax
$
146,188
$
130,000
$
140,000
$
133,000
$
3,000
2%
Electric Franchise
$
1,642,654
$
1,720,000
$
1,580,000
$
1,584,507
$
(135,493)
(8%)
Gas Franchise
$
343,734
$
400,000
$
394,450
$
363,180
$
(36,820)
(9%)
Telephone Franchise
$
156,923
$
50,000
$
158,000
$
108,521
$
58,521
117%
Sanitation Service
$
280,514
$
280,000
$
295,500
$
316,312
$
36,312
13%
Recycling Franchise Fee
$
23,203
$
22,750
$
24,750
$
25,416
$
2,666
12%
Cable Franchise Fee
$
318,144
$
425,000
$
250,000
$
200,000
$
(225,000)
(53%)
W&WW Franchise Tax
$
1,369,262
$
1,353,976
$
1,353,976
$
1,386,264
$
32,288
2%
Other Permits
$
26,826
$
30,000
$
30,000
$
30,000
$
-
0%
Health Permits
$
86,950
$
80,000
$
90,000
$
80,000
$
-
0%
Fire Permits
$
79,647
$
90,000
$
80,000
$
80,000
$
(10,000)
(11%)
Contractor Regulatory License
$
60,100
$
60,000
$
60,000
$
60,000
$
-
0%
Minimum Housing
$
68,041
$
65,000
$
107,000
$
65,000
$
-
0%
Misc. Permits and Fees
$
45,734
$
40,800
$
47,200
$
40,300
$
(500)
(1%)
Building Permits
$
1,330,340
$
300,000
$
758,000
$
300,000
$
-
0%
Aquatics
$
3,045
$
308,145
$
308,145
$
243,000
$
(65,145)
(21%)
Auto Theft Task Force Grant
$
90,039
$
95,000
$
95,000
$
95,000
$
-
0%
School Resource Officers
$
271,573
$
331,350
$
331,350
$
331,350
$
-
0%
Municipal Court
$
1,787,254
$
1,536,600
$
1,384,962
$
1,342,100
$
(194,500)
(13%)
Library Fees
$
7,079
$
16,010
$
13,010
$
13,000
$
(3,010)
(19%)
Ambulance Fees
$
860,058
$
900,000
$
615,943
$
738,000
$
(162,000)
(18%)
Alarm Revenue
$
107,172
$
120,000
$
88,000
$
88,325
$
(31,675)
(26%)
Jail Revenue
$
160,053
$
200,000
$
160,000
$
730,000
$
530,000
265%
Interest Income
$
263,648
$
112,500
$
65,500
$
71,838
$
(40,662)
(36%)
Miscellaneous
$
616,805
$
205,028
$
90,294
$
92,712
$
(112,316)
(55%)
Tower Lease
$
539,800
$
552,882
$
552,882
$
545,204
$
(7,678)
(1%)
Betterment/Contributions
$
16,596
$
15,000
$
15,000
$
15,000
$
-
0%
Transfers
$
3,041,682
$
2,213,826
$
2,213,826
$
2,641,531
$
427,705
19%
TOTAL REVENUES
$
44,345,932
$
41,368,771
$
43,693,288
$
45,381,209
$
4,012,438
10%
Use of Reserves
$
-
$
3,399,397
$
2,754,132
$
4,423 783
$
1,024,386
30%
TOTAL RESOURCES
$
44,345,932
$
44,768,168
$
46,447,420
$
49,804,992
$
5,036,824
11%
20 Replacement
TAX RATE SCENARIOS
As Computed from July 2021 Certified Tax Roll
Fiscal Year 2021-22
Revenue at
Revenue at
Revenue at
Fiscal Year
2020-21
No -New -Revenue Rate
Proposed Rate
Voter -Approval Rate -
Total Tax Rate
0.462500
0.468587
0.475000
0.476825
Debt Tax Rate
0.080546
0.072112
0.072112
0.072112
M & O Tax Rate
0.381954
0.396475
0.402888
0.404713
Est. Assessed Valuation (a)
$5,164,250,293
$5,306,690,383
$5,306,690,383
$5,306,690,383
Adj. Net Taxable Value Assessed (b)
$4,565,141,454
$4,650,258,604
$4,660,258,604
$4,650,258,604
Est. TIF Increment Value (c)
198,797,189
219,683,772
219,683,772
219,683,772
Total Debt
$5,812,833
$5,834,998
$5,834,998
$5,834,998
Debt Paid by other Sources
($2,135,805)
($2,133,612)
($2,133,612)
($2,133,612)
Taxable Debt Service
$3,677,028
$3,701,386
$3,701,386
$3,701,386
Debt Revenue
$3,677,039
$3,353,394
$3,353,394
$3,353,394
Ceiling Revenues
$212,849
$203,000
$200,259
$199,493
Prior Year Debt Revenue
$3,712,958
$3,677,039
$3,677,039
$3,677,039
increase (Decrease) in Debt Revenue
$176,929
($120,644)
($123,385)
($124,152)
M&O Revenue - General Fund
$16,703,518
$17,737,624
$18,043,687
$18,130,786
Ceiling Revenues
$1,009,341
$1,116,103
$1,118,844
$1,119,610
Total General Fund Tax Revenue
$17,712,859
$18,853,727
$19,162,631
$19,250,396
Prior Year M&O Revenue
$17,108,713
$17,712,859
$17,712,869
$17,712,859
Increase (Decrease) in M&O Revenue
$604,146
$1,140,868
$1,449,672
$1,537,537
Total Increase in Tax Revenue
$781,075
$1,020,223
$1,326,287
$1,413,385
NOTES:
(a) Assessed Valuation is the estimated Net Taxable Value from T.A.D. plus minimum value of ARB and estimate of incomplete
property.
(b) Adj. Net Taxable Value Assessed = Assessed Value less estimated TIF increment $219,683,772 and authorized ceiling estimate
$436,748,007.
(c) TIF = Tax Increment Finance zone increment value increase contracted at 75% ($292,911,696 @ 75% = $219,683,772),
Note: Under these circumstances each penny of tax equals approximately $455,725 ($4,650,258,604*.01*.98/100 = $455,725).
M&O Revenues are at a collection rate of approximately 98%. Debt Revenues are at 100% collections.
M&O = Maintenance and Operations
Voter Approval Rate of $0.476825 = Voter Approval Rate of $0.469532 plus Unused Increment Rate of $0.007293 per 2021 Tax
Rate Calculation Worksheet Texas Comptroller of Public Accounts.
21 Replacement
General Fund Expenditures
FY2021-2022 PACS Capital / One -Time
Public Works 6% 9% City Admin
Finance 7% 2%
3%
Admin Srvcs
7%
Non -Depart.
9%
Police
32%
Development d
1%
Fire
24%
Proposed
FY21 Budget to
General Fund
Actual
Budget
Estimated
Budget
FY22 Proposed
Expenditures
FY 20
FY 21
FY 21
FY 22
$ Diff
% Diff.
City Council
$ 12,176
$
26,805
$
26,805
$
26,805
$
-
0%
City Administration
$ 589,009
$
508,211
$
508,211
$
650,370
$
142,159
28%
City Secretary
$ 388,526
$
434,977
$
434,977
$
448,231
$
13,254
3%
Communications/Marketing
$ 11,161
$
13,600
$
13,600
$
13,600
$
-
0%
Total - City Administration $
1,000,872
$
983,593
$
983,593
$
1,139,006
$
155,413
16%
Finance/Budget
$ 202,631
$
185,128
$
185,128
$
188,517
$
3,389
2%
Municipal Court
$ 691,187
$
812,933
$
812,933
$
871,801
$
58,868
7%
Accounting
$ 420,690
$
381,667
$
381,667
$
389,451
$
7,784
2%
Purchasing
$ 88,282
$
98,306
$
98,306
$
106,730
$
8,424
9%
Total - Finance $
1,402,790
$
1,478,034
$
1,478,034
$
1,556,499
$
78,465
5%
Emergency Management
$ 40,848
$
57,508
$
57,508
$
69,498
$
11,990
21%
Police Code Compliance
$ 1,605,386
$
1,917,082
$
1,917,082
$
1,988,215
$
71,133
4%
Police Administration
$ 1,061,402
$
1,183,840
$
1,183,840
$
1,218,744
$
34,904
3%
Police Patrol
$ 5,123,057
$
6,481,805
$
6,481,805
$
6,780,628
$
298,823
5%
Police CID
$ 1,862,592
$
1,919,844
$
1,919,844
$
2,021,748
$
101,904
5%
Police Service
$ 2,184,810
$
2,230,603
$
2,230,603
$
2,488,152
$
257,549
12%
Police Detention
$ 1,249,931
$
1,546,179
$
1,546,179
$
1,575,856
$
29,677
2%
Total -Police $
13,128,026
$
15,336,861
$
15,336,861
$
16,142,841
$
805,980
5%
Fire Marshal/Education
$ 603,061
$
672,220
$
672,220
$
657,949
$
(14,271)
(2%)
Fire Administration
$ 583,931
$
583,496
$
583,496
$
594,852
$
11,356
2%
EMS/Suppression
$ 7,943,507
$
9,544,521
$
9,544,521
$
10,594,964
$
1,050,443
11%
Total -Fire
$ 9,130,499
$
10,800,237
$
10,800,237
$
11,847,765
$
1,047,528
10%
Information Services
$ 713,250
$
766,703
$
766,703
$
865,439
$
98,736
13%
Human Resources
$ 390,024
$
486,356
$
486,356
$
476,438
$
(9,918)
(2%)
Facility Maintenance
$ 924,996
$
1,059,391
$
1,059,391
$
1,102,522
$
43,131
4%
Libra
$ 796,410
$
818,665
$
818,665
$
924,473
$
105,808
13%
Total -Administrative Services
$ 2,824,680
$
3,131,115
$
3,131,115
$
3,368,872
$
237,757
8%
Planning & Development
$ 313,189
$
339,507
$
339,507
$
358,075
$
18,568
5%
Inspection Services
$ 368,815
$
388,075
$
388,075
$
417,283
$
29,208
8%
Total -Development
$ 682,004
$
727,582
$
727,582
$
775,358
$
47,776
7%
Recreation
$ 618,258
$
632,079
$
632,079
$
718,119
$
86,040
14%
Parks
$ 1,327,096
$
1,401,776
$
1,401,776
$
1,565,462
$
163,686
12%
Aquatics
$ 60,453
$
156,025
$
156,025
$
156,025
$
-
0%
Senior Center
$ 181,969
$
252,346
$
252,346
$
262,206
$
9,860
4%
Recreation Admin.
$ 68,518
$
76,609
$
76,609
$
82,189
$
5,580
7%
Total -Parks & Comm Srvcs $
2,256,294
$
2,518,835
$
2,518,835
$
2,784,001
$
265,166
11%
Street Maintenance
$ 2,187,795
$
1,428,698
$
1,428,698
$
2,842,776
$
1,414,078
99%
Animal Control
$ 302,758
$
325,942
$
325,942
$
339,997
$
14,055
4%
City Engineer
$ 71,247
$
82,357
$
82,357
$
89,529
$
7,172
9%
Total - Public Works
$ 2,561,800
$
1,836,997
$
1,836,997
$
3,272,302
$
1,435,305
78%
Legal Services
$ 179,154
$
175,000
$
175,000
$
175,000
$
-
0%
Non -Departmental
$ 4,787,885
$
4,327,793
$
4,418,271
$
4,288,341
$
(39,452)
(1%)
Betterment
$ -
$
4,600
$
4,600
$
4,600
$
-
0%
Total - Non -Depart.
$ 4,967,039
$
4,507,393
$
4,597,871
$
4,467,941
$
(39,452)
(1%)
Total Operating Expenses
$ 37,954,004
$
41,320,647
$
41,411,125
$
45,354,585
$
4,033,938
10%
Capital / One -Time
$ 3,147,039
$
3,399,397
$
5,036,295
$
4,423,783
$
1,024,386
30%
Total Expenses
$ 41,101,043
$
44,720,044
$
46,447,420
$ 49,778,368
$
59058,324
11%
22
Water & Wastewater Revenues
FY2021-2022
Wastewater
36%
Recycling
Sanitation
1%
1%w
Other (1)
2%
Penalties Reclaimed Water
1% 3%
later
55%
The above graph shows the sources of revenues in the Water & Wastewater Fund which are generated by services
provided to the citizens of Euless for recycling, sanitation, water and wastewater. The "Other" amount represents 2%
of total revenues and is an aggregate of several revenue sources as indicated in the table below.
Proposed
FY21 Budget to
Water & Wastewater
Actual
Budget
Estimated
Budget
FY22 Proposed
Revenues
FY 20
FY 21
FY 21
FY 22
$ Diff
% Diff.
Interest Income(')
$ 147,393
$
40,000
$
40,000
$
20,000
$ (20,000)
(50%)
Sanitation
$ 250,802
$
250,000
$
250,000
$
250,000
$ -
0%
Water Service
$ 14,960,883
$
14,791,913
$
14,791,913
$
15,228,659
$ 436,746
3%
Wastewater Service
$ 10,180,945
$
10,217,525
$
10,217,525
$
10,176,428
$ (41,097)
(0%)
Reclaimed Water Service
$ 726,069
$
599,361
$
599,361
$
824,282
$ 224,921
38%
New Meters(')
$ 35,863
$
30,000
$
30,000
$
30,000
$ -
0%
Reconnect Fees(')
$ 130,140
$
135,000
$
135,000
$
135,000
$ -
0%
Inspection Fees(i)
$ 115,137
$
150,000
$
150,000
$
150,000
$ -
0%
Miscellaneous(')
$ 38,751
$
171,484
$
171,484
$
171,484
$ -
0%
Penalties
$ 101,421
$
230,000
$
230,000
$
230,000
$ -
0%
Initiations/Transfer Fees(')
$ 27,555
$
30,000
$
30,000
$
30,000
$ -
0%
Recycling Fees
$ 440,854
$
434,232
$
434,232
$
479,429
$ 45,197
10%
Use of Rate Stabilization
$ 277,295
$
262,742
$
262,742
$
287,523
$ 24,781
9%
Rate Stabilization Rebate
$ (277,295)
$
(262,742)
$
(262,742)
$
(287,523)
$ (24,781)
9%
TOTAL REVENUES
$ 27,155,813
$
27,079,515
$
27,079,515
$
27,725,282
$ 645,767
2%
Use of Reserves
$ -
$
198,944
$
-
$
1,906,343
$ 1,707,399
858%
TOTAL RESOURCES
$ 27,155,813
$
27,278,459
$
27,079,515
$
29,631,625
$ 2,353,166
9%
The above chart details revenues for the past, current, and upcoming fiscal years, as well as expected increases and
decreases in service fee collections within the past year. The Water and Wastewater revenues are generated
primarily from user charges for the variety of services provided to the citizens of Euless. Water Service revenues
fluctuate seasonally and can be drastically affected by an extended period of drought or rainfall.
(1) Water & Wastewater Revenue line items are aggregated in graph under 'Other'
23
WATER SERVICE RATES
Current Rates:
Proposed
Rates:
eterCharge:
MeterCharge:
Meter Size (inches)
Monthly Charge
Meter Size (inches)
Monthly Charqe
5/8-3/4
$
12.75
5/8-3/4
$
12.75
1
$
14.90
1
$
14.90
11/2
$
20.88
11/2
$
20.88
2
$
34.59
2
$
34.59
3
$
70.36
3
$
70.36
4
$
124.04
4
$
124.04
5
$
195.60
5
$
195.60
6
$
279.09
6
$
279.09
Residential o ume Charge per
1,000 gallons (tgals)
esi en is o ume Charge per 1,000
gallons (tgals)
Tiered Rates
Tiered Rates
0-2 tgals
$
4.21
0-2 tgals
$
4.21
3-8 tgals
$
5.14
3-8 tgals
$
5.14
9-15 tgals
$
5.71
9-15 tgals
$
5.71
16-35 tgals
$
6.24
16-35 tgals
$
6.24
Over 35 tgals
$
6.84
Over 35 tgals
$
6.84
mg a Family Kesidential
Kate Stabilization a un
single Family Residential Kate
Stabilization a un
300 per 1,000 (tgals) up to 15
tgals/monthly
30¢ per 1,000 (tgals) up to 15 tgals/monthly
Estimated total refund @ 30¢/tgal
$ 262,742
Estimated total refund @ 30¢/tgal
$ 287,523
Estimated refund volume in tgals:
875,806
Estimated refund volume in tgals:
958,410
Refund not applicable to irrigation meters
Refund not applicable to irrigation meters
Irrigation Volume Charge per
1,000
gallons tga sirrigation
Volume Charge per
1,566
gallons (tgals)
Tiered Rates
Tiered Rates
0-2 tgals
$
5.47
0-2 tgals
$
5.47
3-8 tgals
$
5.47
3-8 tgals
$
5.47
9-15 tgals
$
5.71
9-15 tgals
$
5.71
16-35 tgals
$
6.24
16-35 tgals
$
6.24
Over 35 tgals
$
6.84
Over 35 tgals
$
6.84
Other Volume Charges per 1,000
gallons (tgals)
ter Volume Charges per 1,000
gallons (tgals)
Commercial & Multi -family
$
5.47
Commercial & Multi -family
$
5.47
Fire Hydrant & Gas Wells
$
10.73
Fire Hydrant & Gas Wells
$
10.73
Supplemental Irrigation
$
10.73
Supplemental Irrigation
$
10.73
Reclaimed o ume Charge per 1,000
gallons (tgals)
Reclaimed o ume arge per 1,000
gallons (tgals)
Non -Boosted
$
1.97
Non -Boosted
$
2.07
Boosted Tiered Rates
Boosted Tiered Rates
0-8 tgals
$
4.65
0-8 tgals
$
4.65
9-15 tgals
$
4.85
9-15 tgals
$
4.85
16-35 tgals
$
5.30
16-35 tgals
$
5.30
Over 35 tgals
$
5.81
Over 35 tgals
$
5.81
Construction & Gas Wells
$
9.12
Construction & Gas Wells
$
9.12
24
WASTEWATER SERVICE RATES
Current Rates:
Proposed Rates:
Residential ase arge:
Residential Ba—s—eMT—ar—ge:
Base Charge:
Base Charge:
Within Corporate Limits $ 11.00
Within Corporate Limits $ 11.00
Outside Corporate Limits $ 15.50
Outside Corporate Limits $ 15.50
Volume Charge per 1,000 gallons (tgals)
Volume Charge per 1,000 gallons (tgals)
(based on 90% of metered water up to 12,000 gallons)
(based on 90% of metered water up to 12,000 gallons)
Within Corporate Limits $ 4.34
Within Corporate Limits $ 4.34
Outside Corporate Limits $ 4.34
Outside Corporate Limits $ 4.34
Commercial and IndustrialCharges:
Commercial and IndustrialCharges:
Base Charge:
Base Charge:
Within Corporate Limits $ 11.00
Within Corporate Limits $ 11.00
Outside Corporate Limits $ 15.50
Outside Corporate Limits $ 15.50
Volume Charge per 1,000 gallons (tgals)
Volume Charge per 1,000 gallons (tgals)
(based on 100% of metered water)
(based on 100% of metered water)
Within Corporate Limits $ 4.34
Within Corporate Limits $ 4.34
Outside Corporate Limits $ 4.34
Outside Corporate Limits $ 4.34
25
Water & Wastewater Expenditures
FY2021-2022 Non -Depart.
33%
Capital / One -Time
6%
GIS
2% Finance
2%
Public Works
2%
Wastewater Treatment
18%
Water Distribution
5% Water Production
32%
The graph above indicates the expenditure amounts disbursed to the individual departments within the Water and
Wastewater Fund. These expenditures reflect the cost incurred by the City for the services provided to Euless
citizens.
Proposed
FY21 Budget to
Water & Wastewater
Actual
Budget
Estimated
Budget
FY22 Proposed
Expenditures
FY 20
FY 21
FY 21
FY 22
$ Diff
% Diff.
Water Office
$ 470,046
$
491,112
$
491,112
$ 497,745
$
6,633
1%
Total -Finance
$ 470,046
$
491,112
$
491,112
$ 497,745
$
6,633
1%
City Engineer
$ 336,469
$
384,473
$
384,473
$ 367,117
$
(17,356)
(5%)
Water Production
$ 9,274,936
$
9,127,526
$
9,127,526
$ 9,444,589
$
317,063
3%
Water Distribution
$ 1,281,016
$
1,243,627
$
1,243,627
$ 1,552,298
$
308,671
25%
Wastewater Treatment
$ 5,746,429
$
5,358,080
$
5,358,080
$ 5,239,127
$
(118,953)
(2%)
Meter Services
$ 67,694
$
72,053
$
72,053
$ 72,695
$
642
1%
Total -Public Works
$ 16,706,544
$
16,185,759
$
16,185,759
$ 16,675,826
$
490,067
3%
Recycling
$ 25,074
$
40,100
$
40,100
$ 40,100
$
-
0%
GIS/Information Services
$ 650,672
$
676,464
$
676,464
$ 703,036
$
26,572
4%
Legal Services
$ 112,886
$
85,000
$
85,000
$ 85,000
$
-
0%
Non -Departmental
$ 8,978,900
$
9,509,223
$
9,509,223
$ 9,714,209
$
204,986
2%
Total -Non Departmental
$ 9,767,532
$
10,310,787
$
109310,787
$ 10,542,345
$
231,558
2%
Total Operating Expenses
$ 26,944,122
$
26,987,658
$
26,987,658
$ 27,715,916
$
728,258
3%
Capital / One -Time
$ 11,868
$
198,944
$
8,900
$ 1,906,343
$
1,707,399
858%
Total Expenses
$ 26,955,990
$
27,186,602
$
26,996,558
$ 29,622,259
$
2,435,657
9%
The chart details the expenditures over the past, current, and upcoming fiscal years, as well as the expected
increases and decreases in costs within the past year. These expenditures account for the cost associated with the
acquisition, operation and maintenance of a municipal water and wastewater utility system.
26
All Other Enterprise Operating Funds
This chart presents revenues, operating and capital expenses, and use of reserves for all other enterprise operating
funds presented within the City of Euless' Annual Operating Budget.
Enterprise
Funds
Actual
FY 20
Budget
FY 21
Estimated
FY 21
Proposed
Budget
FY 22
FY21 Budget to
FY22 Proposed
$ Diff % Diff.
Service Center Fund:
Revenues
$
1,181,722
$
1,212,265
$
1,212,265
$
1,215,711
$
3,446
0%
Operating Expenses
$
1,181,722
$
1,212,265
$
1,212,265
$
1,214,657
$
2,392
0%
Use of Reserves
$
-
$
27,500
$
27,500
$
12,291
$
(15,209)
(55%)
Capital / One -Time
$
-
$
27,500
$
27,500
$
12,291
$
(15,209)
(55%)
Drainage Utility System:
Revenues
$
835,539
$
837,200
$
840,636
$
923,966
$
86,766
10%
Operating Expenses
$
748,303
$
834,563
$
834,563
$
865,556
$
30,993
4%
Use of Reserves
$
-
$
100,000
$
93,927
$
65,121
$
(34,879)
(35%)
Capital / One -Time
$
50,000
$
100,000
$
100,000
$
65,121
$
(34,879)
(35%)
Recreation Classes:
Revenues
$
222,834
$
787,027
$
787,027
$
783,027
$
(4,000)
(1%)
Operating Expenses
$
536,556
$
697,935
$
697,935
$
715,036
$
17,101
2%
Use of Reserves
$
313,722
$
-
$
-
$
-
$
-
0%
Capital / One -Time
$
-
$
-
$
-
$
-
$
-
0%
Arbor Daze:
Revenues
$
4,283
$
25,583
$
18
$
25,689
$
106
0%
Operating Expenses
$
4,230
$
80,000
$
-
$
80,000
$
-
0%
Use of Reserves
$
-
$
54,417
$
$
54,311
$
(106)
(0%)
Capital / One -Time
$
-
$
-
$
-
$
-
$
-
0%
Texas Star Golf Course:
Revenues
$
4,072,699
$
4,629,475
$
4,629,475
$
5,463,868
$
834,393
18%
Operating Expenses
$
4,038,293
$
4,606,455
$
4,606,455
$
4,515,970
$
(90,485)
(2%)
Use of Reserves
$
-
$
-
$
-
$
25,373
$
25,373
0%
Capital / One -Time
$
-
$
-
$
-
$
25,373
$
25,373
0%
Parks at Texas Star:
Revenues
$
705,464
$
885,000
$
885,000
$
1,062,030
$
177,030
20%
Operating Expenses
$
670,187
$
725,564
$
725,564
$
968,804
$
243,240
34%
Use of Reserves
$
17,345
$
-
$
-
$
262,995
$
262,995
0%
Capital / One -Time
$
52,622
$
-
$
-
$
262,995
$
262,995
0%
Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises
where the intent of the government's council is that the costs of providing goods and services to the general public on a continuing basis can
be financed or recovered primarily through user charges.
The Service Center Fund is used to account for the maintenance of the City's motor vehicles.
The Drainage Fund is used to account for the acquisition, operation, and maintenance of the City's municipal drainage utility system.
The Recreation Class Fund is used to account for the operation of recreational programs, activities and special events offered to Euless
citizens and other groups on a fee basis.
The Arbor Daze Fund is used to account for expenses related to the annual festival.
The Texas Star Golf Course and Parks at Texas Star Funds are used to account for the operations and maintenance of these facilities
which are supported primarily by user charges.
27
Special Revenue Operating Funds
This chart presents revenues, operating and capital expenses, and use of reserves for all Special Revenue Funds
presented within the City of Euless' Annual Operating Budget.
Special Revenue
Funds
Actual
FY 20
Budget
FY 21
Estimated
FY 21
Proposed
Budget
FY 22
FY21 Budget to
FY22 Proposed
$ Diff % Diff.
Hotel/Motel:
Revenues
$
930,382
$
532,338
$
528,738
$
583,140
$
50,802
10%
Operating Expenses
$
599,343
$
524,174
$
524,174
$
579,211
$
55,037
10%
Use of Reserves
$
-
$
-
$
-
$
75,000
$
75,000
0%
Capital / One -Time
$
263,960
$
-
$
-
$
75,000
$
75,000
0%
Juvenile Case:
Revenues
$
57,775
$
54,000
$
43,440
$
43,522
$
(10,478)
(19%)
Operating Expenses
$
81,016
$
90,658
$
90,658
$
57,381
$
(33,277)
(37%)
Use of Reserves
$
23,241
$
72,658
$
69,218
$
16,256
$
(52,962)
(73%)
Capital / One -Time
$
-
$
36,000
$
22,000
$
16,256
$
(5,744)
(16%)
EDC %0 Sales Tax:
Revenues
$
5,620,617
$
4,985,335
$
5,862,737
$
5,877,968
$
892,633
18%
Operating Expenses
$
3,587,231
$
4,671,893
$
4,706,248
$
4,912,583
$
240,690
5%
Use of Reserves
$
-
$
794,757
$
-
$
1,804,804
$
1,010,047
127%
Capital / One -Time
$
1,789,767
$
794,757
$
252,182
$
1,804,804
$
1,010,047
127%
CCPD%0 Sales Tax:
Revenues
$
2,771,485
$
2,161,768
$
2,872,624
$
2,887,027
$
725,259
34%
Operating Expenses
$
2,537,559
$
2,122,850
$
2,122,850
$
2,872,456
$
749,606
35%
Use of Reserves
$
212,337
$
82,835
$
-
$
439,235
$
356,400
430%
Capital / One -Time
$
446,263
$
82,835
$
69,635
$
439,235
$
356,400
430%
Police Seized Assets Fund:
Revenues
$
2,222
$
1,000
$
100
$
100
$
(900)
(90%)
Operating Expenses
$
25,020
$
34,104
$
34,104
$
34,104
$
-
0%
Use of Reserves
$
22,798
$
33,104
$
34,004
$
34,004
$
900
3%
Capital / One -Time
$
-
$
-
$
-
$
-
$
-
0%
Police Drug Fund:
Revenues
$
17,991
$
2,050
$
115,081
$
20,500
$
(1,550)
(76%)
Operating Expenses
$
414
$
500
$
20,500
$
20,500
$
-
0%
Use of Reserves
$
-
$
178,662
$
-
$
139,403
$
(39,009)
(22%)
Capital / One -Time
$
10,705
$
178,662
$
39,349
$
139,403
$
(39,259)
(22%)
Grant Fund:
Revenues
$
3,229,673
$
64,061
$
5,412,344
$
5,255,951
$
(5,083)
(8%)
Operating Expenses
$
3,230,076
$
64,061
$
64,061
$
58,978
$
(5,083)
(8%)
Use of Reserves
$
403
$
-
$
-
$
5,196,973
$
-
0%
Capital / One -Time
$
-
$
-
$
-
$
9,405,087
$
-
0%
Car Rental Tax:
Revenues
$
10,159,461
$
7,395,408
$
6,674,908
$
12,903,494
$
5,508,086
74%
Operating Expenses
$
9,198,764
$
5,825,929
$
5,825,929
$
8,829,652
$
3,003,723
52%
Use of Reserves
$
2,171,924
$
1,253,466
$
31,515
$
1,482,972
$
229,506
18%
Capital / One -Time
$
3,132,621
$
1,253,466
$
880,494
$
1,482,972
$
229,506
18%
Glade Parks TIRZ:
Revenues
$
1,785,121
$
1,832,232
$
1,818,785
$
1,867,021
$
34,789
2%
Operating Expenses
$
1,143, 966
$
1,138,167
$
1,138,167
$
1,136,374
$
(1,793)
(0%)
Use of Reserves
$
-
$
-
$
-
$
-
$
-
0%
Capital / One -Time
$
-
$
-
$
-
$
-
$
-
0%
Cable PEG Fund:
Revenues
$
110,753
$
110,000
$
90,838
$
91,000
$
(19,000)
(17%)
Operating Expenses
$
81,371
$
110,000
$
110,000
$
90,600
$
(19,400)
(18%)
Use of Reserves
$
177,412
$
-
$
19,162
$
-
$
-
0%
Capital / One -Time
$
206,794
$
-
$
-
$
-
$
-
0%
28 Replacement
Special Revenue
Funds
Actual
FY 20
Budget
FY 21
Estimated
FY 21
Proposed
Budget
FY 22
FY21 Budget to
FY22 Proposed
$ Diff % Diff.
Midtown PID:
Revenues
$
1,076,852
$
1,109,756
$
1,109,856
$
803,338
$
(306,418) (28%)
Operating Expenses
$
1,039,739
$
1,009,747
$
1,009,747
$
803,338
$
(206,409) (20%)
Use of Reserves
$
-
$
-
$
-
$
-
$
- 0%
Capital / One -Time
$
-
$
-
$
-
$
-
$
- 0%
Midtown TIRZ:
Revenues
$
127,000
$
399,989
$
399,989
$
697,981
$
297,992 75%
Operating Expenses
$
51,701
$
100,009
$
100,009
$
303,691
$
203,682 204%
Use of Reserves
$
-
$
-
$
-
$
-
$
- 0%
Capital / One -Time
$
-
$
-
$
-
$
-
$
- 0%
Special Revenue funds are used for specific revenues that are legally restricted to expenditures for particular
purposes.
The Hotel/Motel Fund is used to account for occupancy tax revenues from area hotels. Expenses are dedicated to the
promotion of tourism and the convention and hotel industry.
The Juvenile Case Fund is used to account for court fees collected. Expenses are dedicated primarily to personnel
and operating costs required to process juvenile cases.
The Euless Development Corporation (EDC) %0 Sales Tax Fund is used to account for the'/2¢ sales tax revenues.
Expenses are dedicated to parks, library, recreational, and economic development activities within the City of Euless.
The Crime Control and Prevention District (CCPD) 1/40 Sales Tax Fund is used to account for %%¢ sales tax
revenues. Expenses are dedicated to additional personnel, crime prevention programs, and equipment for the Euless
Police Department.
The Police Seized Asset Fund is used to account for proceeds from sale of seized assets which are dedicated to
police expenditures.
The Police Drug Fund is used to account for proceeds from sale of assets seized in connection with drug arrests.
Expenses are dedicated solely for police department expenditures. Only interest earnings and overtime cost are
budgeted due to the volatility and unpredictable nature in asset confiscation.
Grant Fund is used to account for grant funds and other restricted revenues received by the City. Expenses must be
spent in accordance with the grant provisions.
The Car Rental Tax Fund is used to account for the 5% tax charged on any short-term motor vehicle rental. Expenses
may be dedicated to operations, debt avoidance/reduction and capital expenditures. These revenues are shared
equally between the cities of Dallas, Fort Worth, and Euless.
The Glade Parks Tax Increment Reinvestment Zone (TIRZ) Fund is used to account for new revenues generated
from increased values of properties located within the Zone, based on the percentage pledged by each participating
taxing entity. Expenses are incurred for the repayment of the related infrastructure cost.
The Cable Public Educational and Governmental (PEG) Fund is used to account for a 1% fee collected from cable
channel providers for expansion of the City's public, educational, and governmental channel.
The Midtown Public Improvement District (PID) Fund is used to account for assessments levied upon properties
within the district boundaries. Expenses are incurred for the repayment of debt issued to fund public improvements
within the district.
The Midtown Tax Increment Reinvestment Zone (TIRZ) Fund is used to account for new revenues generated from
increased values of properties located within the Zone, based on the percentage pledged by each participating taxing
entity. Expenses are incurred for the repayment of the related infrastructure cost.
29 Replacement
Internal Service Operating Funds
This chart presents revenues, operating and capital expenses, and use of reserves for all Internal Service
Funds presented within the City of Euless' Annual Operating Budget.
Proposed
FY21 Budget to
Internal Service
Actual
Budget
Estimated
Budget
FY22 Proposed
Funds
FY 20
FY 21
FY 21
FY 22
$ Diff % Diff.
Equipment Replacement:
Revenues
$ 7,592,529 $
4,222,819
$ 4,317,819
$ 5,119,858
$ 897,039 21%
Operating Expenses
$ 1,395,558 $
1,472,500
$ 3,167,500
$ 4,941,200
$ 3,468,700 236%
Use of Reserves
$ - $
-
$ -
$ -
$ - -
Insurance:
Revenues
$ 7,301,477
$
7,282,014 $
7,282,014 $
7,587,950
$
305,936
4%
Operating Expenses
$ 6,278,474
$
7,253,937 $
7,253,937 $
7,577,950
$
324,013
4%
Use of Reserves
$ -
$
- $
- $
37,925
$
37,925
0%
Capital / One -Time
$ -
$
- $
- $
37,925
$
37,925
0%
Risk/WC Management
Revenues
$
1,010,519 $
1,045,308
$
1,015,328
$
1,128,989
$
83,681
8%
Operating Expenses
$
798,046 $
1,028,467
$
1,028,467
$
1,128,664
$
100,197
10%
Use of Reserves
$
- $
170,000
$
183,139
$
2,261
$
(167,739)
(99%)
Capital / One -Time
$
- $
170,000
$
170,000
$
2,261
$
(167,739)
(99%)
Internal Service funds are used to account for the financing of goods or services provided by one department to other
departments of the government and to other government units, on a cost reimbursement basis.
The Equipment Replacement Fund is used to account for the accumulation of funds from user departments. Expenses are
dedicated to replacement of existing equipment and motor vehicles.
The Insurance Fund is used to account for both city and employee premiums. Expenses are dedicated to employees' health,
dental, and prescription claims.
The Risk Management/Workers' Compensation Fund is used to account for the program(s) used for worker's compensation,
general liability, and property claims.
30 Replacement
Debt Service Operating Funds
This chart presents revenues and operating expenses, and use of reserves for all Debt Service Funds
presented within the City of Euless' Annual Operating Budget.
Debt Service
Funds
Actual
FY 20
Budget
FY 21
Estimated
FY 21
Proposed
Budget
FY 22
FY21 Budget to
FY22 Proposed
$ Diff % Diff.
General Obligation Debt
Revenues
$
7,093,017
$
6,000,969
$
8,139,898
$
5,778,690
$
(222,279)
(4%)
Operating Expenses
$
6,832,097
$
6,070,834
$
7,765,834
$
5,834,998
$
(235,836)
(4%)
Use of Reserves
$
-
$
69,865
$
-
$
999,725
$
929,860
1331%
Capital / One -Time
$
-
$
-
$
-
$
999,725
$
999,725
0%
Star Center Debt
Revenues
$
709,263
$
715,896
$
712,896
$
710,470
$
(5,426)
(1%)
Operating Expenses
$
709,263
$
712,896
$
712,896
$
710,470
$
(2,426)
(0%)
Use of Reserves
$
-
$
-
$
-
$
-
$
-
0%
EDC Debt Service
Revenues
$
399,714
$
394,605
$
394,605
$
402,125
$
7,520
2%
Operating Expenses
$
391,190
$
394,605
$
394,605
$
402,125
$
7,520
2%
Use of Reserves
$
-
$
-
$
-
$
-
$
-
0%
Water & Wastewater Debt
Revenues
$
1,489,616
$
1,220,326
$
1,220,326
$
1,212,183
$
(8,143)
(1%)
Operating Expenses
$
1,490,744
$
1,219,826
$
1,219,826
$
1,212,183
$
(7,643)
(1%)
Use of Reserves
$
1,128
$
-
$
-
$
-
$
-
0%
Texas Star Golf Course Debt
Revenues
$
590,339
$
594,125
$
594,125
$
591,715
$
(2,410)
(0%)
Operating Expenses
$
589,565
$
594,566
$
594,566
$
591,715
$
(2,851)
(0%)
Use of Reserves
$
-
$
441
$
441
$
-
$
(441)
(100%)
Debt Service funds are used to account for the repayment of General Obligation Bonds, Certificates of Obligation, Taxable
Bonds, Tax Notes, and Revenue Supported Bonds. These Bonds represent direct and special obligations of the City.
The General Obligation Debt Service Fund is used to account for the collection of a continuing ad valorem tax levied by the
City. Expenses are dedicated to the payment of principal and interest on General Obligation Bonds, General Obligation
Refunding Bonds, Tax Notes, and Certificates of Obligation.
The Star Center Debt Fund is used to account for monthly lease payments on the Stars Center. Expenses are dedicated to
annual debt service requirements.
The EDC Debt Service Fund is used to account for pledged revenues, which includes the proceeds of a %¢ sales and use tax
levied within the City. Expenses are dedicated to the sole benefit of the Euless Development Corporation obligations.
The Water & Wastewater Debt Service Fund is used to account for a pledge of the surplus net revenues of the City's
Waterworks and Sewer System. Expenses are dedicated to payment of annual debt service requirements.
The Golf Course Debt Service Fund is used to account for a pledge of the surplus net revenues derived from the operation and
ownership of the Texas Star Golf Course. Expenses are dedicated to payment of annual debt service requirements.
31 Replacement
Full -Time Personnel Counts
FY 19/20
FY 20/21
FY 20121
FY 21/22
ACTUAL
BUDGETED
ESTIMATED
BUDGETED
CITY ADMINISTRATION
3.50
A
3.00
3.00
G
3.50
CITY SECRETARY
3.50
3.50
3.50
3.50
Total City Administration
7.00
6.50
6.50
7.00
FINANCE/BUDGET
2.00
B
1.50
1.50
1.50
MUNICIPAL COURTS
7.75
7.75
7.75
H
8.25
ACCOUNTING
4.00
D
3.50
3.50
3.50
PURCHASING
1.00
1.00
1.00
1.00
Total Finance
14.75
13.75
13.75
14.25
POLICE CODE COMPLIANCE
16.00
16.00
16.00
16.00
POLICE ADMINISTRATION
7.00
7.00
7.00
7.00
POLICE PATROL
45.00
C
49.00
49.00
F&J
49.00
POLICE CID
13.00
E
14.00
14.00
14.00
POLICE SERVICE
22.00
E
21.00
21.00
21.00
POLICE DETENTION
17.00
17.00
17.00
17.00
Total Police Department
120.00
124.00
124.00
124.00
FIRE MARSHAL/EDUCATION
4.00
4.00
4.00
4.00
FIRE ADMINISTRATION
4.00
4.00
4.00
4.00
EMS/SUPPRESSION
67.00
67.00
67.00
J
70.00
Total Fire Department
75.00
75.00
75.00
78.00
INFORMATION SERVICES
1.00
1.00
1.00
1.00
HUMAN RESOURCES
3.50
3.50
3.50
3.50
FACILITY MAINTENANCE
4.00
4.00
4.00
4.00
Total Administrative Services
8.50
8.50
8.50
8.50
LIBRARY
9.00
9.00
9.00
9.00
Total Library
9.00
9.00
9.00
9.00
PLANNING & DEVELOPMENT
2.50
2.50
2.50
2.50
INSPECTIONS SERVICES
4.00
4.00
4.00
4.00
Total Planning & Development
6.50
6.50
6.50
6.50
RECREATION
5.50
5.50
5.50
5.50
PARKS
11.00
11.00
11.00
11.00
SENIOR CENTER
2.00
2.00
2.00
2.00
RECREATION ADMINISTRATION
1.00
1.00
1.00
1.00
Total Community Services
19.50
19.50
19.50
19.50
STREET MAINTENANCE
11.50
11.50
11.50
11.50
ANIMAL CONTROL
3.00
3.00
3.00
3.00
CITY ENGINEER
1.00
1.00
1.00
1.00
Total Public Works
15.50
15.50
15.50
15.50
TOTAL GENERAL FUND
275.75
278.25
278.25
282.26
EDC - PARKS
13.25
13.25
13.25
13.25
EDC - LIBRARY
%00
10.00
10.00
10.00
EDC - ECO. DEV.
1.00
1.00
1.00
1.00
TOTAL EDC FUND
24.25
24.25
24.25
24.25
WATER OFFICE
5.00
5.00
5.00
5.00
Total Finance
5.00
5.00
5.00
5.00
W&S ENGINEERING
3.00
3.00
3.00
3.00
WATER PRODUCTION
5.75
5.75
5.75
5.75
WATER DISTRIBUTION
7.25
7.25
7.25
1
8.25
SEWAGE & TREATMENT
8.00
8.00
8.00
8.00
METER SERVICES
1.00
1.00
1.00
1.00
Total Public Works
25.00
25.00
25.00
26.00
INFORMATION SERVICES
4.00
4.00
4.00
4.00
W&S NON-DEPT.
10.00
A, B & D
9.50
9.50
G
10.00
Total Non -departmental
14.00
13.50
13.50
14.00
TOTAL W&S FUND
44.00
43.50
43.50
45.00
GOLF NON DEPARTMENTAL
0.75
0.75
0.75
0.75
GOLF COURSE MAINT.
4.00
4.00
4.00
4.00
GOLF PRO SHOP
2.50
2.50
2.50
2.50
GOLF FOOD AND BEVERAGE
3.00
3.00
3.00
3.00
GOLF CONFERENCE CENTRE
1.50
1.50
1.50
1.50
TOTAL GOLF COURSE FUND
11.75
11.75
11.75
11.75
JUVENILE CASE FUND
1.25
1.25
1.25
H
0.75
CRIME CONTROL FUND
19.00
C
15.00
15.00
F
18.00
SERVICE CENTER FUND
5.00
5.00
5.00
5.00
DRAINAGE UTILITY FUND
8.00
8.00
8.00
8.00
PARKS @ TEXAS STAR
1.50
1.50
1.50
1.50
HEALTH INSURANCE FUND
1.00
1.00
1.00
1.00
WC/RISK MANAGEMENT FUND
0.50
0.50
0.50
0.50
TOTAL OTHER FUNDS
36.25
32.25
32.25
34.75
TOTAL ALL FUNDS
392.00
390.00
390.00
398.00
A) Unfunded Assistant City Manager Position
F) Transferred 3 Police Officers from General Fund to CCPD
B) Unfunded Internal Auditor Position
G) Funded Assistant
City Manager Position
C) Transferred 4 Police Officers from CCPD to General Fund
H) Split Juvenile
Case Clerk between General
Fund
and Juvenile Case Fund
D) Split Budgetfrreasury Manager between General Fund and Water & Wastewater Fund p Added 1 Public Works Field Tech in Water & Wastewater Fund
E) Transferred Records Clerk to Crime Scene Technician J) Added 3 Police Officers and 3 Fire FighterfParamedics in General Fund
32
Outstanding Indebtedness
Principal
Amount of
Remaining
Description
Dated
Amount
Original
Paying Agent
Maturity
Interest Rate
Outstanding
Issuance
General Obligation Refunding Bonds, Series
12/1/2011
$ 1,560,000
$ 5,955,000
U.S. Bank
3% to 4%
2/15/2024
2012
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
1/15/2011
$ 1,765,000
$ 3,035,000
U.S. Bank
4% to 4.25%
8/15/2030
Series 2011'
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
10/15/2014
$ 4,505,000
$ 5,715,000
U.S. Bank
3% to 5%
8/15/2034
Series 2014'
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
10/27/2015
$ 2,530,000
$ 3,030,000
U.S. Bank
3% to 5%
2/15/2035
Series 2015'
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
1/12/2016
$ 14,485,000
$ 16,450,000
U.S. Bank
2.25% to 4%
2/15/2041
Obligation, Series 2016'
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
3/1/2018
$ 8,270,000
$ 9,180,000
U.S. Bank
3%to4%
2/15/2038
Obligation, Series 2018'
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
1/15/2019
$ 11,165,000
$ 11,785,000
U.S. Bank
3% to 5%
2/15/2039
Obligation, Series 2019
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
1/14/2020
$ 6,850,000
$ 7,115,000
U.S. Bank
2%to 3.5%
2/15/2040
Obligation, Series 2020
Tax Notes Series 2020
6/25/2020
$ 745,000
$ 1,110,000
UMB Bank
1.07%
2/15/2023
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
4/8/2021
$ 5,360,000
$ 5,360,000
U.S. Bank
1.625% to 4%
2/15/2041
Obligation, Series 2021
Tax Notes Series 2021
4/8/2021
$ 1,625,000
$ 1,625,000
U.S. Bank
4.00%
2/15/2024
Taxable General Obligation Refunding
Bonds, Series 20102
8/15/2010
$ 2,555,000
$ 8,110,000
U.S. Bank
4% to 4.4%
8/1/2025
General Obligation Refunding Bonds, Series
11/1/2012
$ 3,295,000
$ 7,185,000
U.S. Bank
2%to 2.625%
2/15/2027
2012A3
Waterworks & Sewer System Revenue
Refunding Bonds, Series 20124
3/29/2012
$ 405,000
$ 3,340,000
Bank of Texas
2.03%
7/15/2024
Waterworks & Sewer System Revenue
Bonds, Series 20134
6/25/2013
$ 1,080,000
$ 1,585,000
U.S. Bank
3.625%to 5%
7/15/2033
Waterworks & Sewer System Revenue
Texas Water
a
Bonds, Series 2015A
8/5/2015
$ 3,365,000
$ 4,685,000
Development
0.8%to 1.98%
7/15/2035
Board
Waterworks & Sewer System Revenue
Texas Water
Bonds, Series 20158 a
8/5/2015
$ 1,780,000
$ 2,380,000
Development
0.5% to 1.68%
7/15/2035
Board
Waterworks & Sewer System Revenue
Texas Water
<
Bonds, Series 2018
4/15/2018
$ 2,400,000
$ 2,785,000
Development
0.24%to1.49%
7/15/2038
Board
Waterworks &Sewer System Revenue
Texas Water
Bonds, Series 2019
4/25/2019
$ 8,750,000
$ 9,275,000
Development
0.29%to 1.66%
7/15/2049
Board
Euless Development Corporation, Sales Tax
Revenue Bonds, Series 2018
10/15/2018
$ 1,445,000
$ 1,635,000
U.S. Bank
3% to 4%
9/15/2038
Euless Development Corporation, Sales Tax
11/12/2019
$ 3,800,000
$ 4,120,000
U.S. Bank
2.5% to 4%
9/15/2039
Revenue Bonds, Series 2019
AXON Enterprise, Inc. Lease
10/25/2018
$ 283,404
$ 674,906
AXON
3% Imputed
2/7/2023
Enterprise, Inc.
Proposed Indebtedness
Proposed
Anticipated
Proposed
Description
Issuance
Proposed
Payment
Issuance
Proposed
Amount
Sale Type
Source
Date
Term
Public Improvement District (PID) Bonds
TBD
TBD
PID Assessment
January 2022
TBD
' Bonds paid by Tax Increment Financing District and Public Improvement District.
z Bonds paid by rental income from Stars Center.
3 Remaining Bonds paid by Texas Star Golf Course.
° Bonds paid by Water & Wastewater user charges.
5 Bonds partially paid by Tax Increment Financing District and Public Improvement District.
33
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Required Disclosure
Local Government Code 140.0045: Itemization of certain expenditures required in certain political
subdivision budgets.
Expenditures City Wide:
Adjusted
Proposed
Actual Budget
Budget
FY20 FY21
FY22
1. Notices required by law to be published in a
newspaper by the political subdivision or a
representative of the political subdivision: $
2. Directly or indirectly influencing or attempting to
influence the outcome of legislation or
administrative action, as those terms are defined in
Section 305.002, Government Code: $
2,995 $ 3,050 $ 3,550
36
2021 Tax Rate Calculation Worksheet
Date: 07/29/2021 12:17 PM
Taxing Units Other Than School Districts or Water Districts
'ity of Euless. Texas
axing Unit Name
201 N Ector Drive Euless Texas 76039
(817)685-1400
Phone (area code and number)
www.eulesstx.gov
Taxing Unit's Address, City, State, ZIP Code Taxing Unit's Website Address
GENERAL INFORMATION: Tax Code Section 26.04(c) requires an officer or employee designated by the governing body to calculate the
No -New -Revenue (NNR) tax rate and Voter -Approval tax rate for the taxing unit. These tax rates are expressed in dollars per $100 of taxable
value calculated. The calculation process starts after the chief appraiser delivers to the taxing unit the certified appraisal roll and the estimated
values of properties under protest. The designated officer or employee shall certify that the officer or employee has accurately calculated the
tax rates and used values shown for the certified appraisal roll or certified estimate. The officer or employee submits the rates to the governing
body by Aug. 7 or as soon thereafter as practicable.
School districts do not use this form, but instead use Comptroller Form 50-859 Tax Rate Calculation Worksheet, School Districts without
Chapter 313 Agreements or Comptroller Form 50-884 Tax Rate Calculation Worksheet, School District with Chapter 313 Agreements.
Water districts as defined under Water Code Section 49.001(1) do not use this form, but instead use Comptroller Form 50-858 Water District
Voter -Approval Tax Rate Worksheet for Low Tax Rate and Developing Districts or Comptroller Form 50-860 Developed Water District Voter -
Approval Tax Rate Worksheet.
The Comptroller's office provides this worksheet to assist taxing units in determining tax rates. The information provided in this worksheet is
offered as technical assistance and not legal advice. Taxing units should consult legal counsel for interpretations of law regarding tax rate
reparation and adoption.
SECTION 1: No -New -Revenue Tax Rate
The NNR tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax rate
"at would produce the same amount of taxes (no new taxes) if applied to the same properties that are taxed in both years. When appraisal
ues increase, the NNR tax rate should decrease.
The NNR tax rate for a county is the sum of the NNR tax rates calculated for each type of tax the county levies.
While uncommon, it is possible for a taxing unit to provide an exemption for only maintenance and operations taxes. In this case, the
taxing unit will need to calculate the NNR tax rate separately for the maintenance and operations tax and the debt tax, then add the two
components together.
No -New -Revenue Tax Rate Worksheet Amount/Rate
1. 2020 total taxable value. Enter the amount of 2020 taxable value on the 2020 tax roll
today. Include any adjustments since last year's certification; exclude Tax Code Section
25.25(d) one-fourth and one-third over -appraisal corrections from these adjustments.
Exclude any property value subject to an appeal under Chapter 42 as of July 25 (will add
$4,935,149,084
undisputed value in Line 6). This total includes the taxable value of homesteads with tax
ceilings (will deduct in Line 2) and the captured value for tax increment financing
(adjustment is made by deducting TIF taxes, as reflected in Line 17).1
2. 2020 tax ceilings. Counties, cities and junior college districts. Enter 2020 total taxable
value of homesteads with tax ceilings. These include the homesteads of homeowners age 65
$427,450,841
or older or disabled. Other taxing units enter 0. If your taxing units adopted the tax ceiling
provision in 2020 or a prior year for homeowners age 65 or older or disabled, use this step.2
3. Preliminary 2020 adjusted taxable value. Subtract Line 2 from Line 1.
$4,507,698,243
4. 2020 total adopted tax rate.
$0.462500/$100
2020 taxable value� -- -
lost because court appeals of ARB decisions reduced 2020
appraised value.
A. Original 2020 ARB values:
$823,191,129
37 Replacement
B. 2020 values resulting from final court decisions: 1 $766,941,033
2020 value loss. Subtract B from A.3 1 $56,250,096
6.2020 taxable value subject to an appeal under Chapter 42, as of July 25.
A. 2020 ARB certified value:
$239, 018,1
B. 2020 disputed value:
C. 2020 undisputed value. Subtract B from A.4
$239,018,1
7.2020 Chapter 42 related adjusted values Add Line 5C and Line 6C. $295,268,2
8.2020 taxable value, adjusted for actual and potential court -ordered adjustments. $4,802,966,4
Add Line 3 and Line 7.
9. 2020 taxable value of property P.�r�,.�.�»..��.�_
erty in territory the taxing unit deannexed after Jan. 1,
2020. Enter the 2020 value of property in deannexed territory.5
10. 2020 taxable value lost because property first qualified for an exemption in 2021. If
the taxing unit increased an original exemption, use the difference between the original
exempted amount and the increased exempted amount. Do not include value lost due to
freeport, goods -in -transit, temporary disaster exemptions. Note that lowering the amount or
percentage of an existing exemption in 2021 does not create a new exemption or reduce
taxable value.
' . Absolute exemptions. Use 2020 market value: $0
3. Partial exemptions. 2021 exemption amount or 2021 percentage exemption times 2020 $11,734,648
C. Value loss. Add A and B.5 1 $11,734,648
11. 2020 taxable value lost because property first qualified for agricultural appraisal
(1-d or 1-d-1), timber appraisal, recreational/scenic appraisal or public access airport
special appraisal in 2021. Use only properties that qualified in 2021 for the first time; do
not use properties that qualified in 2020.
2020 market value:
2021 productivity or special appraised value:
C. Value loss. Subtract B from A.7 $0
12. Total adjustments for lost value. Add lines 9, 10C and 11C. 1 $11,734,648
13. 2020 captured value of property in a TIF. Enter the total value of 2020 captured
appraised value of property taxable by a taxing unit in a tax increment financing zone for
which 2020 taxes were deposited into the tax increment fund.8 If the taxing unit has no $229,143,959
captured appraised value in line 18D, enter 0.
% 2020 total value. Subtract Line 12 and Line 13 from Line 8. $4,562,087,872
6. Adjusted 2020 total levy. Multiply Line 4 by Line 14 and divide by $100 � $21,099,656
16 Taxes refunded for years preceding tax year 2020. Enter the amount of taxes refunded $401,832
38 Replacement
by the taxing unit for tax years preceding tax year 2020. Types of refunds include court
decisions, Tax Code Section 25.25(b) and (c) corrections and Tax Code Section 31.11
payment errors. Do not include refunds for tax year 2020. This line applies only to tax years
eceding tax year 2020.8
17. Adjusted 2020 levy with refunds and TIF adjustment. Add Lines 15 and 16.10 $21,501,488
18. Total 2021 taxable value on the 2021 certified appraisal roll today. This value
includes only certified values or certified estimate of values and includes the total taxable
value of homesteads with tax ceilings (will deduct in Line 20). These homesteads include
homeowners age 65 or older or disabled."
A. Certified values:
$5,118,109,298
B. Counties: Include railroad rolling stock values certified by the Comptroller's office: &n
C. Pollution control and energy storage system exemption: Deduct the value of property
exempted for the current tax year for the first time as pollution control or energy storage
system property:
D. Tax increment financing: Deduct the 2021 captured appraised value of property taxable $219,683,772
by a taxing unit in a tax increment financing zone for which the 2021 taxes will be deposited
into the tax increment fund. Do not include any new property value that will be included in
Line 23 below.12
E. Total 2021 value. Add A and B, then subtract C and D. $4,898,425,526
-9. Total value of properties under protest or not included on certified appraisal roll.13
2021 taxable value of properties under protest. The chief appraiser certifies a list of
iperties still under ARB protest. The list shows the appraisal district's value and the $138
payer's claimed value, if any, or an estimate of the value if the taxpayer wins. For each of
properties under protest, use the lowest of these values. Enter the total value under
,,._,,,. 14
B. 2021 value of properties not under protest or included on certified appraisal roll.
$49,912,722
The chief appraiser gives taxing units a list of those taxable properties that the chief
appraiser knows about, but are not included in the appraisal roll certification. These
properties also are not on the list of properties that are still under protest. On this list of
properties, the chief appraiser includes the market value, appraised value and exemptions for
the preceding year and a reasonable estimate of the market value, appraised value and
exemptions for the current year. Use the lower market, appraised or taxable value (as
appropriate). Enter the total value of property not on the certified roll.15
$188,581,085
C. Total value under protest or not certified: Add A and B.
20. 2021 tax ceilings. Counties, cities and junior colleges enter 2021 total taxable value of
homesteads with tax ceilings. These include the homesteads of homeowners age 65 or older
$436,748,007
or disabled. Other taxing units enter 0. If your taxing units adopted the tax ceiling provision
2020 or a prior year for homeowners age 65 or older or disabled, use this step.16
21. 2021 total taxable value. Add Lines 18E and 19C. Subtract Line 20.17 $4,650,258,604
39 Replacement
22. Total 2021 taxable value of properties in territory annexed after Jan. 1, 2020.
Include both real and personal property. Enter the 2021 value of property in territory
-nnexed.18
_3. Total 2021 taxable value of new improvements and new personal property located
in new improvements. New means the item was not on the appraisal roll in 2020. An
improvement is a building, structure, fixture or fence erected on or affixed to land. New
additions to existing improvements may be included if the appraised value can be
determined. New personal property in a new improvement must have been brought into the
taxing unit after Jan. 1, 2020, and be located in a new improvement. New improvements do
include property on which a tax abatement agreement has expired for 2021.19
24. Total adjustments to the 2021 taxable value. Add Lines 22 and 23.
25. Adjusted 2021 taxabl,_����-��
e value. Subtract Line 24 from Line 21.
26. 2021 NNR tax rate. Divide Line 17 by Line 25 and multiply by $100.20
27. COUNTIES ONLY. Add together the NNR tax rates for each type of tax the county
levies. The total is the 2021 county NNR tax rate.21
'Tex. Tax Code Section 26.012(14)
zTex. Tax Code Section 26.012(14)
3Tex. Tax Code Section 26.012(13)
4Tex. Tax Code Section 26.012(13)
STex. Tax Code Section 26.012(15)
6`Tex. Tax Code Section 26.012(15)
7Tex. Tax Code Section 26.012(13)
e'Tex. Tax Code Section 26.012(13)
x. Tax Code Section 26.03(c)
fex. Tax Code Section 26.012(13)
"Tex. Tax Code Section 26.012,26.04(c-2)
12Tex. Tax Code Section 26.03(c)
13Tex. Tax Code Section 26.01(c) and (d)
14Tex. Tax Code Section 26.01(c)
1STex. Tax Code Section 26.01(d)
16Tex. Tax Code Section 26.012(6)(b)
17Tex. Tax Code Section 26.012(6)
'$Tex. Tax Code Section 26.012(17)
19Tex. Tax Code Section 26.012(17)
20Tex. Tax Code Section 26.04(c)
2'Tex. Tax Code Section 26.04(d)
22Reserved for expansion
G,1
$61,688,611
$61,688,611
$4,588,569,993
$0.468587/$1
40 Replacement
CTION 2: Voter. -Approval Tax Rate
The voter -approval tax rate is the highest tax rate that a taxing unit may adopt without holding an election to seek voter approval of the
-ate. The voter -approval tax rate is split into two separate rates:
1. Maintenance and Operations (M&O) Tax Rate: The M&O portion is the tax rate that is needed to raise the same amount of
taxes that the taxing unit levied in the prior year plus the applicable percentage allowed by law. This rate accounts for such things
as salaries, utilities and day-to-day operations
2. Debt Rate: The debt rate includes the debt service necessary to pay the taxing unit's debt payments in the coming year. This rate
accounts for principal and interest on bonds and other debt secured by property tax revenue.
The Voter -Approval tax rate for a county is the sum of the Voter -Approval tax rates calculated for each type of tax the county levies. In
most cases the Voter -Approval tax rate exceeds the No -New -Revenue tax rate, but occasionally decreases in a taxing unit's debt service
will cause the NNR tax rate to be higher than the voter -approval tax rate.
Voter -Approval Tax Rate Worksheet Amount/Rate
28. 2020 M&O tax rate. Enter the 2020 M&O tax rate. $0.381954/$100
29. 2020 taxable value, adjusted for actual and potential court -ordered adjustments. I $4,802,966,479
Enter the amount in Line 8 of the No -New -Revenue Tax Rate Worksheet.
30. Total 2020 M&O levy. Multiply Line 28 by Line 29 and divide by $100. $18,345,122
31. Adjusted 2020 levy for calculating NNR M&O rate.
A. M&O taxes refunded for years preceding tax year 2020 Enter the amount of M&O
taxes refunded in the preceding year for taxes before that year. Types of refunds include
court decisions, Tax Code Section 25.25(b) and (c) corrections and Tax Code Section 31.11 $327
payment errors. Do not include refunds for tax year 2020. This line applies only to tax years
preceding tax year 2020.
2020 taxes in TIF Enter the amount of taxes paid into the tax increment fund for a $1,059,791
investment zone as agreed by the taxing unit. If the taxing unit has no 2021 captured
ppraised value in Line 18D, enter 0.
C. 2020 transferred function. If discontinuing all of a department, function or activity and
transferring it to another taxing unit by written contract, enter the amount spent by the taxing $0
unit discontinuing the function in the 12 months preceding the month of this calculation. If
the taxing unit did not operate this function for this 12-month period, use the amount spent
in the last full fiscal year in which the taxing unit operated the function. The taxing unit
discontinuing the function will subtract this amount in D below. The taxing unit receiving
the function will add this amount in D below. Other taxing units enter 0.
2020 M&O levy adjustments. Subtract B from A. For taxing unit with C, subtract if I
$-732,
continuing function and add if receiving function.
E. Add Line 30 to 31D. $17,612,757
32. Adjusted 2021 taxable value. Enter the amount in Line 25 of the No -New -Revenue Tax $4,588,569,993
Rate Worksheet.
33. 2021_�_.
NNR M&O rate (unadjusted). Divide Line 31E by Line 32 and multiply by $100. $0.383839/$100
34. Rate adjustment for state criminal justice mandate.23
A. 2021 state criminal justice mandate: Enter the amount spent by a county in the
�vious 12 months providing for the maintenance and operation cost of keeping inmates in $0
,aunty -paid facilities after they have been sentenced. Do not include any state
reimbursement received by the county for the same purpose.
41 Replacement
B. 2020 state criminal justice mandate: Enter the amount spent by a county in the 12
months prior to the previous 12 months providing for the maintenance and operation cost of
-eeping inmates in county -paid facilities after they have been sentenced. Do not include any
.ate reimbursement received by the county for the same purpose. Enter zero if this is the
first time the mandate applies.
C. Subtract B from A and divide by Line 32 and multiply by $100.
D. Enter the rate calculated in C. If not applicable, enter 0.
35. Rate adjustment for indigent health care expenditures.24
A. 2021 indigent health care expenditures: Enter the amount paid by a taxing unit
providing for the maintenance and operation cost of providing indigent health care for the
period beginning on July 1, 2020 and ending on June 30, 2021, less any state assistance
received for the same purpose.
2020 indigent health care expenditures: Enter the amount paid by a taxing unit
roviding for the maintenance and operation cost of providing indigent health care for the
eriod beginning on July 1, 2019 and ending on June 30, 2020, less any state assistance
�ceived for the same purpose.
C. Subtract B from A and divide by Line 32 and multiply by $100.
Enter the rate calculated in C. If not applicable, enter 0.
. Rate adjustment for county indigent defense compensation.25
2021 indigent defense compensation expenditures: Enter the amount paid by a county
provide appointed counsel for indigent individuals for the period beginning on July 1,
20 and ending on June 30, 2021, less any state grants received by the county for the same
B. 2020 indigent defense compensation expenditures: Enter the amount paid by a county
to provide appointed counsel for indigent individuals for the period beginning on July 1,
2019 and ending on June 30, 2020, less any state grants received by the county for the same
purpose.
C. Subtract B from A and divide by Line 32 and multiply by $100.
D.Multiply B by 0.05 and divide by Line 32 and multiply by $100.
E. Enter the lessor of C and D. If not applicable, enter 0.
37. Rate adjustment for county hospital expenditures.26
A. 2021 eligible county hospital expenditures: Enter the amount paid by the county or
municipality to maintain and operate an eligible county hospital for the period beginning on
July 1, 2020 and ending on June 30, 2021.
2020 eligible county hospital expenditures: Enter the amount paid by the county or
inicipality to maintain and operate an eligible county hospital for the period beginning on
zly 1, 2019 and ending on June 30, 2020.
$0.000000/$100
$0.000000/$100
$0.000000/$100
$0.000000/$100
$0.000000/$100
$0.000000/$100
$0.000000/$100
42 Replacement
C. Subtract B from A and divide by Line 32 and multiply by $100. 1 $0.000000/$100
.Multiply B by 0.08 and divide by Line 32 and multiply by $100.
$0.000000/$100
E. Enter the lessor of C and D, if applicable. If not applicable, enter 0.
$0.000000/$100
38. Rate adjustment for defunding municipality. This adjustment only applies to a
municipality that is considered to be a defunding municipality for the current tax year under
Chapter 109, Local Government Code. Chapter 109, Local Government Code only applies to
municipalities with a population of more than 250,000 and includes a written determination
by the Office of the Governor. See Tax Code 26.0444 for more information.
Amount appropriated for public safety in 2020. Enter the amount of money
)ropriated for public safety in the budget adopted by the municipality for the preceding
-al year
B. Expenditures for public safety in 2020. Enter the amount of money spent by the
municipality for public safety during the preceding fiscal year.
C. Subtract B from A and divide by Line 32 and multiply by $100. $0.000000/$100
D. Enter the rate calculated in C. If not applicable, enter 0.
$0.000000/$100
_j.Adjusted 2021 NNR M&O rate. Add Lines 33, 34D, 35D, 36E, and 37E. Subtract Line I $0.383839/$100
110T
0. Adjustment for 2020 sales tax specifically to reduce property values. Cities, counties
ad hospital districts that collected and spent additional sales tax on M&O expenses in 2020
iould complete this line. These entities will deduct the sales tax gain rate for 2021 in
ection 3. Other taxing units, enter zero.
A. Enter the amount of additional sales tax collected and spent on M&O expenses in 2020, if
any. Counties must exclude any amount that was spent for economic development grants
from the amount of sales tax spent.
B. Divide Line 40A by Line 32 and multiply by $100.
C. Add Line 40B to Line 39.
41. 2021 voter -approval M&O rate. Enter the rates as calculated by the scenario below.
Special Taxing Unit. If the taxing unit qualifies as a special taxing unit, multiply Line 40C
by 1.08.
-or-
Other Taxing Unit. If the taxing unit does not qualify as a special taxing unit, multiply Line
40C by 1.035.
11. Disaster Line 41 (D41): 2021 voter -approval M&O rate for taxing unit affected by
aster declaration. If the taxing unit is located in an area declared a disaster area and at
st one person is granted an exemption under Tax Code Section 11.35 for property located
the taxing unit, the governing body may direct the person calculating the voter -approval
$2,760,65
$0.060163
$0.444002
$0.459542/$1
$0.000000/$100
43 Replacement
tax rate to calculate in the manner provided for a special taxing unit. The taxing unit shall
continue to calculate the voter -approval tax rate in this manner until the earlier of
1. the first year in which total taxable value on the certified appraisal roll exceeds the
total taxable value of the tax year in which the disaster occurred, or
2. the third tax year after the tax year in which the disaster occurred.
If the taxing unit qualifies under this scenario, multiply Line 40C by 1.08.27 If the taxing
unit does not qualify, do not complete Disaster Line 41 (Line D41).
12. Total 2021 debt to be paid with property taxes and additional sales tax revenue.
)ebt means the interest and principal that will be paid on debts that:
1) are paid by property taxes,
2) are secured by property taxes,
3) are scheduled for payment over a period longer than one year and
4) are not classified in the taxing unit's budget as M&O expenses
A. Debt also includes contractual payments to other taxing units that have incurred debts on
behalf of this taxing unit, if those debts meet the four conditions above. Include only
amounts that will be paid from property tax revenue. Do not include appraisal district budget
payments. If the governing body of a taxing unit authorized or agreed to authorize a bond,
$5,834,998
warrant, certificate of obligation, or other evidence of indebtedness on or after Sept. 1, 2021,
verify if it meets the amended definition of debt before including it here.28
Enter debt amount.
$0
B. Subtract unencumbered fund amount used to reduce total debt.
$0
C. Subtract certified amount spent from sales tax to reduce debt (enter zero if none)
$2,133,612
J. Subtract amount paid from other resources.
$3,701,386
E. Adjusted debt. Subtract B, C, and D from A.
43. Certified 2020 excess debt collections. Enter the amount certified by the collector.28
$364,745
44. Adjusted 2021 debt. Subtract Line 43 from Line�42E.
$3,336,641
45. 2021 anticipated collection rate.
A. Enter the 2021 anticipated collection rate certified by the collector:29
B. Enter the 2020 actual collection rate
99.50%
C. Enter the 2019 actual collection rate
99.94%
D. Enter the 2018 actual collection rate 1 99.50%
E. If the anticipated collection rate in A is lower than actual collection rates in B, C and D,
enter the lowest collection rate from B, C and D. If the anticipated rate in A is higher than at
least one of the rates in the prior three years, enter the rate from A. Note that the rate can be 99.50%
greater than 100%.31
46. 2021 debt adjusted for collections. Divide Line 44 by Line 45E $3,353,408
2021 total taxable value. Enter the amount on Line 2 �
Y 1 of the No -New -Revenue Tax
ate Worksheet. $4,650,258,604
48. 2021 debt tax rate. Divide Line 46 by Line 47 and multiply by $100. 1 $0.072112/$100
44 Replacement
2021 voter -approval tax rate. Add Lines 41 and 48.
)49. Disaster Line 49 (D49): 2021 voter -approval tax rate for taxing unit affected by
'isaster declaration. Complete this line if the taxing unit calculated the voter -approval tax
ate in the manner provided for a special taxing unit on Line D41.
kdd Line D41 and 48.
50. COUNTIES ONLY. Add together the voter -approval tax rates for each type of tax the
county levies. The total is the 2021 county voter -approval tax rate.
23Tex. Tax Code Section 26.044
Z4Tex. Tax Code Section 26.0442
25Tex. Tax Code Section 26.0442
2sTex. Tax Code Section 26.0443
Z7Tex. Tax Code Section 26.04(c-1)
28Tex. Tax Code Section 26.012(10) and 26.04(b)
29Tex. Tax Code Section 26.04(b)
30Tex. Tax Code Section 26.04(b)
$0.531654/$100
$0.000000/$1
45 Replacement
SECTION 3: NNR Tax Rate and Voter -Approval Tax Rate Adjustments for Additional Sales Tax to Reduce
Property Taxes
-ities, counties and hospital districts may levy a sales tax specifically to reduce property taxes. Local voters by election must approve
tposing or abolishing the additional sales tax. If approved, the taxing unit must reduce its NNR and voter -approval tax rates to offset the
expected sales tax revenue.
s section should only be completed by a county, city or hospital district that is required to adjust its NNR tax rate and/or voter -approval
rate because it adopted the additional sales tax.
►dditional Sales and Use Tax Worksheet lAmoun
51. Taxable Sales. For taxing units that adopted the sales tax in November 2020 or May
2021, enter the Comptroller's estimate of taxable sales for the previous four quarters.20
Estimates of taxable sales may be obtained through the Comptroller's Allocation Historical
Summary webpage. Taxing units that adopted the sales tax before November 2020, enter 0.
52. Estimated sales tax revenue. Counties exclude any amount that is or will be spent for
economic development grants from the amount of estimated sales tax revenue.33
Taxing units that adopted the sales tax in November 2020 or in May 2021. Multiply the
amount on Line 51 by the sales tax rate (.01, .005 or .0025, as applicable) and multiply the
result by .95.34
-or-
units that adopted the sales tax before November 2020. Enter the sales tax
for the previous four quarters. Do not multiply by .95.
`. 2021 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tax
.ate Worksheet.
54. Sales tax adjustment rate. Divide Line 52 by Line 53 and multiply by $100.
. 2021 NNR tax rate, unadjusted for sales tax.35 Enter the rate from Line 26 or 27, as
plicable, on the No -New -Revenue Tax Rate Worksheet.
i. 2021 NNR tax rate, adjusted for sales tax.
axing units that adopted the sales tax in November 2020 or in May 2021.
ibtract Line 54 from Line 55. Skip to Line 57 if you adopted the additional sales tax before
ovember 2020.
57. 2021 voter -approval tax rate, unadjusted for sales tax.36 Enter the rate from Line 49,
Line D49 (disaster), or Line 50 (counties), as applicable, of the Voter -Approval Tax Rate
Worksheet.
2021 voter -approval tax rate, adjusted for sales tax. Subtract Line 54 from Line 57.
3'Reserved for expansion 34Tex. Tax Code Section 26.041(d)
32Tex. Tax Code Section 26.041(d) 35Tex. Tax Code Section 26.04(c)
33Tex. Tax Code Section 26.041(i) 35Tex. Tax Code Section 26.04(c)
$0
$2,888
$4,650,258,
$0.062122/$100
$0.468587/$100
$0.468587/$
$0.531654/$1
$0.469532/$100
46 Replacement
SECTION 4: Voter -Approval Tax Rate Adjustment for Pollution Control
A taxing unit may raise its rate for M&O funds used to pay for a facility, device or method for the control of air, water or land pollution.
This includes any land, structure, building, installation, excavation, machinery, equipment or device that is used, constructed, acquired or
;tailed wholly or partly to meet or exceed pollution control requirements. The taxing unit's expenses are those necessary to meet the
requirements of a permit issued by the Texas Commission on Environmental Quality (TCEQ). The taxing unit must provide the tax
assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control.
This section should only be completed by a taxing unit that uses M&O funds to pay for a facility, device or method for the control of air,
water or land pollution.
Voter -Approval Protection for Pollution Control Worksheet Amount/Rate
59. Certified expenses from the Texas Commission on Environmental Quality (TCEQ).
Enter the amount certified in the determination letter from TCEQ.37 The taxing unit shall $0
provide its tax assessor -collector with a copy of the letter.38
60. 2021 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tax I $4,650,258,604
Rate Worksheet.
61. Additional rate for pollution control. Divide Line 59 by Line 60 and multiply by $100.1 $0.000000/$100
62. 2021 voter -approval tax rate, adjusted for pollution control. Add Line 61 to one of
the following lines (as applicable): Line 49, Line D49 (disaster), Line 50 (counties) or Line $0.469532/$100
58 (taxing units with the additional sales tax).
37Tex. Tax Code Section 26.045(d)
38'rex. Tax Code Section 26.045(i)
47 Replacement
SECTION 5: Voter -Approval Tax Rate Adjustment for Unused Increment Rate
The unused increment rate is the rate equal to the difference between the adopted tax rate and voter -approval tax rate before the unused
-1crement rate for the prior three years.39 In a year where a taxing unit adopts a rate by applying any portion of the unused increment rate,
e unused increment rate for that year would be zero.
The difference between the adopted tax rate and voter -approval tax rate is considered zero in the following scenarios:
• a tax year before 2020; and40
• a tax year in which the municipality is a defunding municipality, as defined by Tax Code Section 26.0501(a);41 or
• after Jan. 1, 2022, a tax year in which the comptroller determines that the county implemented a budget reduction or reallocation
described by Local Government Code Section 120.002(a) without the required voter approval.42
This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit.43
Unused Increment Rate Worksheet Amount/Rate
63. 2020 unused increment rate. Subtract the 2020 actual tax rate and the 2020 unused
increment rate from the 2020 voter -approval tax rate. If the number is less than zero, enter $0.007293
zero. If the year is prior to 2020, enter zero.
64. 2019 unused increment rate. Subtract the 2019 actual tax rate and the 2019 unused
increment rate from the 2019 voter -approval tax rate. If the number is less than zero, enter $0
zero. If the year is prior to 2020, enter zero
65. 2018 unused increment rate. Subtract the 2018 actual tax rate and the 2018 unused
increment rate from the 2018 voter -approval tax rate. If the number is less than zero, enter $0.000000
zero. If the year is prior to 2020, enter zero.
66. 2021 unused increment rate. Add Lines 63, 64 and 65. $0.007293/$100
67. 2021 voter -approval tax rate, adjusted for unused increment rate.23 Add Line 66 to
ie of the following lines (as applicable): Line 49, Line D49(disaster), Line 50 (counties), $0.476825/$100
Line 58 (taxing units with the additional sales tax) or Line 62 (taxing units with pollution
control).
39Tex. Tax Code Section 26.013(a)
40Tex. Tax Code Section 26.013(c)
41Tex. Tax Code Section 26.063(a)(1)
48 Replacement
SECTION 6: De Minimis Rate
The de minimis rate is the rate equal to the sum of the no -new -revenue maintenance and operations rate, the rate that will raise $500,000,
'nd the current debt rate for a taxing unit.42
this section should only be completed by a taxing unit that is a municipality of less than 30,000 or a taxing unit that does not meet the
definition of a special taxing unit.43
De Minimis Rate Worksheet Amount/Rate
68. Adjusted 2021 NNR M&O tax rate. Enter the rate from Line 39 of the Voter -Approval $0.383839/$100
Tax Rate Worksheet
69. 2021 total taxable value. Enter the amount on Line 21 of the No -New -Revenue Tax
Rate Worksheet.
70. Rate necessary to impose $500,000 in taxes. Divide $500,000 by Line 69 and multiply
by $100.
71. 2021 debt rate. Enter the rate from Line 48 of the Voter -Approval Tax Rate Worksheet.
72. De minimis rate.23 Add Lines 68, 70 and 71.
42Tex. Tax Code Section 26.012(8-a)
43Tex. Tax Code Section 26.063(a)(1)
44Tex. Tax Code Section 26.04(c)
$4,650,258,604
$0.010752
$0.072112/$100
$0.000000/$100
49 Replacement
(SECTION 7. Voter -Approval Tax Rate Adjustment for Emergency Revenue Rate
IIn the tax year after the end of the disaster calculation time period detailed in Tax Code Section 26.042(a), a taxing unit that calculated its
Voter -approval tax rate in the manner provided for a special taxing unit due to a disaster must calculate its emergency revenue rate and
Juce its voter -approval tax rate for that year.46
i
Similarly, if a taxing unit adopted a tax rate that exceeded its voter -approval tax rate, calculated normally, without holding an election to
respond to a disaster, as allowed by Tax Code Section 26.042(d), in the prior year, it must also reduce its voter -approval tax rate for the
current tax year.
NOTE: This section will not apply to any taxing units in 2021. It is added to implement Senate Bill 1438 (87th Regular Session) and
does not apply to a taxing unit that calculated its voter -approval tax rate in the manner provided for a special taxing unit due to a declared
disaster in 2020, as provided for in the recently repealed Tax Code Sections 26.04(c-1) and 26.041(c-1).
In future tax years, this section will apply to a taxing unit other than a special taxing unit that:
• directed the designated officer or employee to calculate the voter -approval tax rate of the taxing unit in the manner provided for a
special taxing unit in the prior year; and
• the current year is the first tax year in which the total taxable value of property taxable by the taxing unit as shown on the appraisal
roll for the taxing unit submitted by the assessor for the taxing unit to the governing body exceeds the total taxable value of
property taxable by the taxing unit on January 1 of the tax year in which the disaster occurred or the disaster occurred four years
ago.
In future tax years, this section will also apply to a taxing unit in a disaster area that adopted a tax rate greater than its voter -approval tax
rate without holding an election in the prior year.
Note: This section does not apply if a taxing unit is continuing to calculate its voter -approval tax rate in the manner provided for a special
taxing unit because it is still within the disaster calculation time period detailed in Tax Code Section 26.042(a) because it has not met the
conditions in Tax Code Section 26.042(a)(1) or (2).
Emergency Revenue Rate Worksheet
Amount/Rate
73. 2020 adopted tax rate. Enter the rate in Line 4 of the No -New -Revenue Tax Rate
N/A
' rksheet.
74. Adjusted 2020 voter -approval tax rate. Use the taxing unit's Tax Rate Calculation
Worksheets from the prior year(s) to complete this line.
If a disaster occurred in 2020 and the taxing unit calculated its 2020 voter -approval tax rate
using a multiplier of 1.08 on Disaster Line 41 (D41) of the 2020 worksheet due to a disaster,
enter the 2020 voter -approval tax rate as calculated using a multiplier of 1.035 from Line 49.
-or-
If a disaster occurred prior to 2020 for which the taxing unit continued to calculate its voter -
approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41) in 2020, complete the
separate Adjusted Voter Approval Tax Rate for Taxing Units in Disaster Area Calculation
N/A
Worksheet to recalculate the voter -approval tax rate the taxing unit would have calculated in
2020 if it had generated revenue based on an adopted tax rate using a multiplier of 1.035 in
the year(s) following the disaster.48 Enter the final adjusted 2020 voter -approval tax rate
from the worksheet.
-or-
If the taxing unit adopted a tax rate above the 2020 voter -approval tax rate without
calculating a disaster tax rate or holding an election due to a disaster, no recalculation is
necessary. Enter the voter -approval tax rate from the prior year's worksheet.
75. Increase in 2020 tax rate due to disaster. Subtract Line 74 from Line 73.
N/A
'Adjusted 2020 taxable value. Enter the amount in Line 14 of the No -New -Revenue Tax
N/A
tcate Worksheet.
g divide by $100
7 Emergency revenue 1 y Multiply y Line 75 by Line 76 and
N/A
50 Replacement
78. Adjusted 2021 taxable value. Enter the amount in Line 25 of the No -New -Revenue Tax p
_1ate Worksheet. II W
79. Emergency revenue rate. Divide Line 77 by Line 78 and multiply by $100. 49 1 N/
80. 2021 voter -approval tax rate, adjusted for emergency revenue. Subtract Line 79 from
one of the following lines (as applicable): Line 49, Line D49(disaster), Line 50 (counties), N/
Line 58 (taxing units with the additional sales tax), Line 62 (taxing units with pollution
control) or Line 67 (taxing units with the unused increment rate).
SECTION 8: Total Tax Rate
Indicate the applicable total tax rates as calculated above.
No -New -Revenue tax rate
As applicable, enter the 2021 NNR tax rate from: Line 26, Line 27 (counties), or Line 56 $0.468587/$100
(adjusted for sales tax).
Indicate the line number used: 26
Voter -Approval tax rate
As applicable, enter the 2021 voter -approval tax rate from: Line 49, Line 50 (counties), Line
58 (adjusted for sales tax), Line 62 (adjusted for pollution control), Line 67 (adjusted for $0.476825/$100
unused increment), or Line 80 (adjusted for emergency revenue).
Indicate the line number used: 67
De minimis rate $0.000000/$100
If applicable, enter the de minimis rate from Line 72.
SECTION 9: Taxing Unit Representative Name and Signature
Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit. By signing below, you certify that you are the
designated officer or employee of the taxing unit and have accurately calculated the tax rates using values that are the same as the values shown in the taxing
unit's certified appraisal roll or certified estimate of taxable value, in accordance with requirements in Tax Code. so
print here Janina Jewell
Printed Name of Taxing Unit Representative
sign here 9�_±
Taxing Unit R resentative
07/29/2021
Date
51 Replacement
INTRODUCTION
Organizational Chart
Budget Process
Budget Schedule
Excerpt from Charter
Fiscal Policies
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BUDGET PROCESS
DEFINITION AND AUTHORITY
The budget is a financial plan for a specific fiscal year that contains both the estimated
revenues to be received during the year and the proposed expenditures to be incurred to
achieve stated objectives. The City Charter established the City of Euless' fiscal year as
October 1 through September 30. The City Charter further states:
The City Manager, prior to August first of each year, shall prepare and submit the
budget, covering the next fiscal year, to the City Council, which shall contain the following
information. In preparing the budget, each employee, officer, board, and department shall
assist the city manager by furnishing all necessary information.
(1) The city manager's budget message shall outline the proposed financial
policies for the next fiscal year with explanations of any changes from previous
years in expenditures and any major changes of policy and a complete
statement regarding the financial condition of the City.
(2) An estimate of all revenue from taxes and other sources, including the present
tax structure rates and property evaluation for the ensuing year.
(3) A carefully itemized list of proposed expenses by office, department, agency,
employee, and project for the budget year, as compared to actual expenses of
the last ended fiscal year, and the present year to date.
(4) A description of all outstanding bond indebtedness, showing amount,
purchaser, date of issue, rate of interest, and maturity date, as well as any
other indebtedness which the City had incurred and which has not been paid.
(5) A statement proposing any capital expenditures deemed necessary for
undertaking during the next budget year and recommended provisions for
financing.
(6) A list of capital projects which should be undertaken within the five (5) next
succeeding years.
PUBLIC ACCESS
Article VII, Section 3 of the City Charter provides:
The budget and all supporting schedules shall be filed with the City Secretary when
submitted to the City Council and shall be open for public inspection by anyone interested.
PUBLIC HEARINGS
Article VII, Section 4 of the City Charter provides:
At the Council meeting at which time the budget is submitted, the Council shall, in
conformance with the requirements of law, name the date and place of a public hearing and
shall cause to be published the time and place thereof. At this hearing, interested citizens
may express their opinion concerning items of expenditure, giving their reasons for wishing
to increase or decrease any items of expense.
REA
BUDGET AMENDMENT
Department heads can amend the budget within their divisions as long as it does not affect
total appropriations. The City Manager can amend the budget within a particular fund as
long as it does not affect total appropriations. The City Council may amend the budget by a
majority vote of the full membership for emergency conditions which may arise which could
not reasonably have been foreseen in the normal process of planning the budget when the
general welfare of the citizenry is involved. These amendments must be by ordinance and
attached to the original budget in accordance with Article VII, Section 8 of the City Charter.
BUDGET PREPARATION
The budget preparation is coordinated through the City Manager's Office and the Finance
Department. The budget process begins in late February or early March with a budget
kickoff meeting with all City department directors and managers. Each department and
division receives a budget preparation manual, forms and year to date budget information.
Departments prepare a summary including the following information about their activities:
Location and Hours of Operation
Mission/Programs/Services
Highlights/Accomplishments for the current fiscal year
Goals & Objectives for the upcoming fiscal year
Major Budgetary Issues and Operational Trends.
Current year estimates are carefully reviewed and known exceptions or cost increases are
reported along with justification. These variances are reviewed by the City Manager's Office
for amendment as deemed necessary. The budget requests are submitted along with
justification for any increases. The City Manager's office holds meetings with each director
to review each of their line items and discuss any changes. All capital and supplemental
requests are submitted separately and must include the following information:
Purpose/objective of this request
Changes/improvements from current operations
Alternative financing options
Estimated life of requested item
Impact or consequence of not funding this request
Equipment being replaced by this request
Cost of the item
Other associated cost
A work session is held to allow each department the opportunity to present their capital and
supplemental requests to the City Council. The City Manager's Office consolidates all
capital requests and all supplemental requests, assigns a ranking based on funding
available, and submits its recommendation to the City Council for consideration.
In accordance with the fiscal policies, supplemental programs will only be funded from
current revenues. One-time revenue sources and excess reserves are used to fund capital
requests.
The finance department prepares revenue estimates based on historical data available from
the revenue manual (which is updated monthly) and other available data. Estimates are
reviewed and adjusted by the City Manager's office as deemed necessary. The objective of
1-3
the City is to estimate revenues as accurately as possible to allow use of all available
funding.
The City Manager's Office completes a final review of the budget and submits a preliminary
budget to the City Council. In accordance with Article VII, Section 2 of the City Charter, this
document must be submitted to City Council prior to August 1st
STRATEGIC PLANNING
The City Council meets for a winter work -session and a budget work -session each year.
During these work -sessions, a strategic planning session is held for discussion of short,
intermediate, and long-term goals. These goals and the fiscal impact are considered during
the budget process and serves as a guide throughout the year for staff.
COMPREHENSIVE PLAN
The City's long-term planning has been consolidated into a comprehensive five-year plan
produced by the City Manager's office. This plan is updated every year and serves as the
City's "road map" to which infrastructure, facility, and park projects will be done in the coming
years. Each project contains a fiscal impact analysis.
The comprehensive plan includes a five-year plan for drainage infrastructure, streets
including overlay and construction, water and wastewater line replacement, City facilities,
and the parks master plan. The information included in this document is an integral part of
the budget process.
The Capital Improvements Program details all funded and unfunded projects that have been
identified to date and meets the requirements of the City Charter. Article VII, Section 2 (4)
requires "A statement proposing any capital expenditures deemed necessary for
undertaking during the next budget year and recommended provisions for financing".
Section 2 (5) further requires "A list of capital projects which should be undertaken within
the five (5) next succeeding years".
BUDGET ADOPTION
The City Charter provides:
After public hearing, the City Council makes any changes deemed necessary and
adopts the budget at least ten (10) days prior to the beginning of the next fiscal year by a
favorable majority vote of all members of the Council.
On July 31st, the City Council plans to review the preliminary operating and capital budgets.
At their City Council meeting on August 2nd, the Euless City Council plans to set a date, time,
and place for the budget public hearing on August loth. City Council will consider adoption
of the Budget on August 16th. After the budget adoption, the Finance Department prepares
a monthly financial report which is presented to the City Council for their review.
1-4
FY2021-2022 Budget Schedule
DATE
RESPONSIBILITY
ACTION
Monday, June 14, 2021
CCPD Board
Hold Public Hearing on CCPD Budget. Adopt FY2022 CCPD
Budget. Submit CCPD Budget to City Council.
Monday, June 14, 2021
CC
Receive CCPD Budget. Special called meeting at 6:OOP.M.
Monday, June 14, 2021
CC, CMO & Department Heads
Pre -Budget Work Session at 6:15P.M.
Monday, June 28, 2021
CC, CMO & Finance
Pre -Budget Work Session
Saturday, July 31, 2021
CC, CMO & Finance
Budget Work Session
Monday, August 2, 2021
CC
Special Called City Council Meeting to set date for Tax Rate
Public Hearing on August 16th and Vote to place a Proposal to
Adopt a Specific Tax Rate on August 16th.
Monday, August 9, 2021
EDC Board
Hold Public Hearing on EDC Budget and Adopt FY2022 EDC
Budget.
Tuesday, August 10, 2021
CC
Rg. Schedule Meeting to hold Public Hearing on FY2022 CCPD,
EDC, and City Budget. Approve CCPD FY2022 Budget.
Monday, August 16, 2021
CC
Rg. Schedule Meeting to hold Public Hearing on Tax Rate & Order
Election, if necessary. Adopt Budget and Tax Rate. Adopt Tax
Roll. Ratify Revenue Increase if Necessary. Adopt Fee/Rate
Changes if Necessary.
Monday, August 23, 2021
CC
Rg. Schedule Meeting for second reading of Budget, Tax Rate,
Tax Roll, Ratification of Revenue Increase, and/or Fee/Rate
Changes if Necessary.
1-5
EXCERPTS FROM CHARTER
CITY OF EULESS, TEXAS
ARTICLE VII. FINANCE
Sec. 1. Fiscal year.
The fiscal year of the City of Euless shall begin on October first of each calendar year and
will end on September thirtieth of the following calendar year. The fiscal year will also be
established as the accounting and budget year. All funds collected by the City during any fiscal
year, including both current and delinquent revenue shall belong to such fiscal year and, except
funds derived to pay interest and create a sinking fund on the bonded indebtedness of the City,
may be applied to the payment of the expenses incurred during such fiscal year. Any revenues
uncollected at the end of any fiscal year, and any unencumbered funds actually on hand shall
become resources of the next succeeding fiscal year.
State law references — Budgets. V.T.C.A. Local Government Code ¶ 102.001 et seq: fiscal powers. V.T.C.A., Local Government Code ¶ 101.002.
State law reference — Fiscal Year. V.T.C.A. Tax Code ¶1.05
Sec. 2. Preparation and submission of budget.
The City Manager, prior to August first of each year, shall prepare and submit the budget,
covering the next fiscal year, to the Council, which shall contain the following information. In
preparing the budget, each employee, officer, board, and department shall assist the City
Manager by furnishing all necessary information.
(1) The City Manager's budget message shall outline the proposed financial policies
for the next fiscal year with explanations of any change from previous years in
expenditures and any major changes of policy, and a complete statement
regarding the financial conditions of the City.
(2) An estimate all revenue from taxes and other sources, including the present tax
structure rates and property evaluation for the ensuing year.
(3) A carefully itemized list of proposed expenses by office, department, agency,
employee and project for the budget year, as compared to actual expenses of the
last ended fiscal year, and the present year-to-date.
(4) A description of all outstanding bond indebtedness, showing amount, purchaser,
date of issue, rate of interest and maturity date, as well as any other indebtedness
which the City had incurred and which has not been paid.
(5) A statement proposing any capital expenditures deemed necessary for
undertaking during the next budget year and recommended provisions for
financing.
(6) A list of capital projects which should be undertaken within the five (5) next
succeeding years.
State law reference — Budget, V.T.C.A., Local Government Code ¶ 102.001 et seq.
Sec. 3 Budget a public record.
The budget and all supporting schedules shall be filed with the City Secretary when
submitted to the Council and shall be open to public inspection by anyone interested.
State law reference — Budget, V.T.C.A., Local Government Code ¶ 102.001 et seq.
1-6
Sec. 4. Public hearing on budget.
At the Council meeting at which time the budget is submitted, the Council shall, in
conformance with the requirements of law, name the date and place of a public hearing and shall
cause to be published the time and place thereof. At this hearing, interested citizens may express
their opinions concerning items of expenditure, giving their reasons for wishing to increase or
decrease any items of expense. (Amended 11-5-91)
State law reference — Budget, V.T.C.A., Local Government Code ¶ 102.001 et seq.
Sec. 5. Proceeding on adoption of budget.
After public hearing, the Council shall analyze the budget, making any additions or
deletions which they feel appropriate, and shall, at least ten (10) days prior to the beginning of
the next fiscal year, adopt the budget by a favorable majority vote all members of the Council.
State law reference — Budget, V.T.C.A. Local Government Code ¶ 102.001 et seq.
Sec. 6. Budget, appropriation, and amount to be raised by taxation.
On final adoption, the budget shall be in effect for the budget year. Final adoption of the
budget by the Council shall constitute the official appropriations as proposed expenditures for the
current year and shall constitute the basis of the official levy of the property tax as the amount of
tax to be assessed and collected for the corresponding tax year. Estimated expenditures will in
no case exceed proposed revenue plus cash on hand. Unused appropriations may be transferred
to any item required for the same general purpose.
Sec. 7. Unallocated reserve fund.
The City Manager may recommend for action by the Council, an unallocated reserve fund
to be used for unexpected items of expense which were not contained as original items of
expenditures.
Sec. 8. Amending the budget.
Under the extreme emergency conditions which may arise and which could not reasonably
have been foreseen in the normal process of planning the budget, the Council may, by a majority
vote of the full membership, amend or change the budget to provide for any additional expenses
in which the general welfare of the citizenry is involved. These amendments shall be by
ordinance, and shall become an attachment to the original budget.
State law reference — Budget, V.T.C.A. Local Government Code ¶ 102.001 et seq.
Sec. 9. Certification: copies made available.
A copy of the budget, as finally adopted, shall be filed with the City Secretary. The final
budget shall be printed, mimeographed, or otherwise reproduced and sufficient copies shall be
made available for the use of all offices, agencies and for the use of interested persons and civic
organizations.
Sec. 10. Defect shall not invalidate the tax levy.
Errors or defects in the form or preparation of the budget or the failure to perform any
procedural requirements shall not nullify the tax levy or the tax rate.
1-7
CITY OF EULESS
FISCAL POLICIES
I. INTRODUCTION
A. Purpose Statement — The City of Euless has an important responsibility to its citizens to carefully
account for public funds, to manage municipal finances wisely, and to plan for the adequate funding
of services desired by the public.
The overriding goal of the Fiscal Policies is to enable the City to achieve a long-term stable and positive
financial condition. The watchwords of the City's fiscal management include integrity, prudent
stewardship, planning, accountability, and full disclosure.
The purpose of the Fiscal Policies is to provide guidelines for the Director of Finance in planning and
directing the City's day to day financial affairs and in developing recommendations to the City Manager
and City Council. The scope of the policies spans accounting, auditing, financial reporting, internal
controls, operating and capital budgeting, revenue management, cash management, expenditure
control, and debt management.
B. Annual Review of Policies — These policies will be reviewed administratively by the Finance Director
and City Manager and will be presented to the City Council for approval of any significant changes.
II. ACCOUNTING, AUDITING, AND FINANCIAL REPORTING
A. Accounting — The Director of Finance is the City's Chief Accountant and is responsible for establishing
the chart of accounts and for properly recording financial transactions.
B. Accounts Receivable —This asset account reflects amounts owed to the City from citizens, companies,
or other governmental entities. Delinquent accounts will be pursued.
C. External Auditing
1. The City will be audited annually by outside independent accountants (auditors). The auditors
must be a CPA firm of national reputation and must demonstrate that they have the breadth
and depth of staff to conduct the City's audit in accordance with generally accepted auditing
standards and contractual requirements. The auditor's report on the City's financial
statements will be completed and submitted to City staff within 120 days of the City's fiscal
year end, and the auditor's management letter will be presented to the City staff accordingly.
An interim management letter will be issued prior to this date if any materially significant
internal control weaknesses are discovered.
2. The Auditors are accountable to the City Council and will have access to direct communication
with the City Council if the City staff is unresponsive to auditor recommendations or if the
auditors consider such communication necessary to fulfill their legal and professional
responsibilities.
3. Auditor Rotation — The City will not require auditor rotation, but will circulate requests for
proposal for audit services at least every five years.
D. Internal Auditing — The City recognizes the need for an internal audit function to provide independent,
unbiased and objective reviews and assessments of the business activities, operations, financial
systems and internal accounting controls of the City and some of its business partners. The reviews
and assessments are conducted in order to instill confidence to citizens and stakeholders that
resources are responsibly and effectively managed in order to achieve intended results. The City shall
devote resources, as available, to conduct operational, financial and performance audits, selected as
a result of risk analysis and assessment process. The internal audit function will report directly to the
City Manager's Office.
E. External Financial Reporting — The City will prepare and publish a comprehensive annual financial
report (CAFR). The CAFR will be prepared in accordance with generally accepted accounting
principles and will be presented annually to the Government Finance Officers Association (GFOA) for
evaluation and awarding of the Certificate of Achievement for Excellence in Financial Reporting. The
1-8
CAFR will be published and presented to the City Council within 150 days after the end of the fiscal
year. City staffing limitations may preclude such timely reporting. In such case, the Finance Director
will inform the City Manager and the City Manager will inform the City Council of the delay and the
reasons therefore.
F. Internal Financial Reporting_— The Finance Department will prepare internal financial reports sufficient
for management to plan, monitor, and control the City's financial affairs. Internal financial reporting
objectives are addressed throughout the policies.
III. INTERNAL CONTROLS
A. Objective — To provide management with reasonable assurance that assets are safeguarded against
loss from unauthorized use or disposition. At all times the City of Euless shall maintain an environment
conducive to good internal controls.
B. Written Procedures — The Finance Director is responsible for developing Citywide written guidelines
on accounting, cash handling, and other financial matters which will be approved by the City Manager.
The Finance Department will assist Department Managers as needed in tailoring these guidelines into
detailed written procedures to fit each department's specific requirements.
C. Department Managers Responsible — Each Department Manager is responsible to ensure that good
internal controls are followed throughout his or her department, that all Finance Department guidelines
on accounting and internal controls are implemented, and that all independent auditor internal control
recommendations are addressed.
IV. OPERATING BUDGET
A. Preparation — The City's "operating budget" is the City's annual financial operating plan. It comprises
governmental and proprietary funds, including the General Obligation Debt Service Fund. The budget
is prepared by the Finance Director or appointee with the cooperation of all City Departments, and is
submitted to the City Manager who makes any necessary changes and transmits the document to the
City Council. The operating budget will be submitted to the GFOA annually for evaluation and
awarding of the Award for Distinguished Budget Presentation,
B. Balanced Budget — The operating budget will be balanced, with current revenues, exclusive of
beginning resources, greater than or equal to current expenditures/expenses.
C. Adoption Process — Pursuant to City Charter Article VII Section 5, a budget will be presented by the
City Manager to the City Council, and to the public through the Euless Public Library, by August 1, and
after public hearings the City Council shall adopt, with any changes, at least ten days prior to beginning
of the new fiscal year by a majority vote.
D. Amendment Process — According to Section 8 of the same article, amendments may be made by
ordinance as necessary.
E. Planning — The budget process will be coordinated so as to identify major policy issues for the City
Council consideration several months prior to the budget approval date so that proper decision
analysis can be made. Periodic financial reports will be prepared to enable the Department Managers
to manage their budgets and to enable the Budget Office to monitor and control the budget as
authorized by the City Manager. Summary financial reports will be presented to the City Council
monthly by the third Friday after the end of each month. Such reports will enable the City Council to
understand the big picture budget status. Operating Expenditure Control is addressed in another
section of the Policies.
F. Performance Measures and Productivity Indicators — Where appropriate, performance measures and
productivity indicators will be developed and used as guidelines and reviewed for efficiency and
effectiveness. This information will be included in the annual budgeting process and reported to the
City Council at least annually.
V. CAPITAL BUDGET AND PROGRAM
A. Preparation — The City's capital budget will include all capital project funds and all capital resources.
The budget will be prepared annually in conjunction with the operating budget. The capital budget will
be compiled by the Finance Director with the involvement of all required City departmental project
managers. Integration of the fiscal impact of capital improvements on the operating budget will be
monitored.
1-9
B. Definition —
Facilities - include any structures or properties owned by the City, the land upon which the
facility is situated for the provision of City services, and the initial furniture, fixtures, equipment
and apparatus necessary to put the facility in service. Facilities include, but are not limited to
the following: administrative offices, parks, service centers and storage yards, recreation
centers, libraries, fire stations, jails and courts, and water and sewer related structures.
Infrastructure - Includes permanently installed facilities, generally placed underground or at
grade, which form the basis for the provision of City services. Typically included are
thoroughfares, bridges, water and sanitary sewer lines, drainage channels, and storm sewers.
C. Control — All capital project expenditures must be appropriated in the capital budget. The Finance
Department must certify the availability of such appropriations or the availability of resources so an
appropriation can be made before a capital project contract is presented by the City Manager to the
City Council for approval.
D. Program Planning — The capital budget will include capital improvements program plans for future
years. The planning time frame should normally be at least five years. The replacement and
maintenance for capital items should be projected for the next five years. Future maintenance and
operations will be fully costed, so that these costs can be considered in the operating budget.
E. Alternate Resources — Where applicable, assessments, impact fees, pro-rata charges, or other user -
based fees should be used to fund capital projects which have a primary benefit to specified property
owners. Drainage Utility revenues are established to fund small citywide drainage projects. Single
large drainage projects may be funded by debt.
F. Debt Financing — Recognizing that debt is usually a more expensive financing method, alternative
financing sources will be explored before debt is issued. When debt is issued, it will be used to acquire
major assets with expected lives which equal or exceed the average life of the debt issue. The
exceptions to this requirement are the traditional costs of marketing and issuing the debt, capitalized
labor for design and construction of capital projects, and small component parts which are attached to
major equipment purchases.
G. Infrastructure Maintenance — The City recognizes that deferred street maintenance increases future
capital costs by an estimated five- to ten -fold. Therefore, a portion of the General Fund budget will be
set aside each year to maintain the quality of streets. The amount will be established annually so that
repairs will be made amounting to a designated percentage of the value of the streets.
H. Reporting — Periodic financial reports will be prepared to enable the Department Managers to manage
their capital budgets and to enable the Finance Department to monitor and control the capital budget
as authorized by the City Manager.
VI. REVENUE MANAGEMENT
A. Simplicity — The City will strive to keep the revenue system simple, which will result in a decrease of
compliance costs for the taxpayer or service recipient and a corresponding decrease in avoidance to
pay. The City will avoid nuisance taxes, fee, or charges as revenue sources.
B. Certainty — An understanding of the revenue source increases the reliability of the revenue system.
The City will try to understand its revenue sources, and enact consistent collection policies so that
assurances can be provided that the revenue base will materialize according to budgets and plans.
C. Eauity — The revenue system of the City will strive to maintain equity in its structure. That is, the City
will seek to minimize or eliminate all forms of subsidization between entities, funds, services, utilities,
and customers. However, it is recognized that public policy decisions may lead to subsidies in certain
circumstances, e.g., homestead tax exemption.
D. Administration — The benefits of a revenue will exceed the cost of producing the revenue. The cost of
collection will be reviewed annually for cost effectiveness as a part of the indirect cost, cost of services
analysis. Where appropriate, the City will use the administrative processes of State or Federal
collection agencies in order to reduce administrative costs.
1-10
E. Revenue Adequacy — The City will require that there be a balance in the revenue system. That is, the
revenue base will have the characteristic of fairness and neutrality as it applies to cost of service,
willingness to pay, and ability to pay.
F. Cost/Benefit of Abatement — The City will use due caution in the analysis of any tax, fee, or water and
wastewater incentives that are used to encourage development. Ideally, a cost/benefit (fiscal impact)
analysis will be performed as a part of such review.
G. Diversification and Stability — In order to protect the government from fluctuations in a revenue source
due to fluctuations in the economy, and variations in weather (in the case of water and wastewater), a
diversified revenue system will be maintained which has a stable source of income.
H. Nonrecurrinq Revenues — One-time revenues will not be used for ongoing operations. Nonrecurring
revenues will be used only for nonrecurring expenditures. Care will be taken not to use these revenues
for budget balancing purposes.
I. Property Tax Revenues —
1. Process. Property shall be assessed at 100% of the fair market value as appraised by Tarrant
Appraisal District. Reappraisal and reassessment shall be done regularly as required by State
law. A 97% collection rate will serve as a goal for tax collections, with a delinquency rate of
3% or less. All delinquent taxes will be aggressively pursued, with delinquents greater than
150 days being turned over to an attorney and a penalty assessed to compensate the attorney
as allowed by State law, and in accordance with the attorney's contract. Annual performance
criteria will be developed for the attorney.
2. Reduce Reliance on Property Tax. The City will try to reduce reliance on property tax by
seeking additional revenue sources and attempting to expand and diversify the City tax base.
J. Exemptions — In order to maintain stability of funds for the City, it is the Council's intentions for the
exemptions presently allowed by the City to be continued with no allowance for additional exemptions.
Tax abatements should be used selectively and only when a good chance exists of economic return
exceeding the loss.
K. User -Based Fees — For services associated with a user fee or charge, the direct and indirect costs of
that service will be offset by a fee where possible. There will be an annual review of fees and charges
to ensure that fees provide adequate coverage of costs of services.
L. Property Tax Distribution — The percentage of the tax rate allocated to the General Fund is the percent
equal to the Maintenance and Operations portion of the total tax rate. The allocation of the tax rate for
debt purposes is the percent equal to the Interest and Sinking portion of the total tax rate. Debt service
should not exceed 40% except for extraordinary and temporary reasons.
M. Proprietary — Proprietary funds will pay the General Fund for direct services rendered. Additionally,
the Water and Wastewater Fund will pay a franchise fee of 5% of gross receipts. This is to compensate
the General Fund for the lost revenue that would be payable from a privately owned utility.
N. Franchise Agreements — The City will monitor the status of existing financial agreements and take
necessary actions to negotiate new agreements as they near expiration or as they need revisions to
best serve the citizens of Euless.
O. General and Administrative Charges — A method will be maintained whereby the General Fund may
impose a charge to the proprietary funds for general and administrative services (indirect costs)
performed on the enterprise funds' behalf.
P. Utility Rates — The City will review and adopt utility rates that will generate revenues required to fully
cover operating expenditures, meet the legal restrictions of all applicable bond covenants, and provide
for an adequate level of working capital needs. This policy does not preclude drawing down cash
balance to finance current operations. However, it is best that any extra cash balance be used instead
to finance capital projects.
Q. Interest Income — Interest earned from investment of available moneys, whether pooled or not, will be
distributed to the funds in accordance with the operating and capital budgets which, wherever possible,
will be in accordance with the equity balance of the fund from which moneys were provided to be
invested.
R. Revenue Monitorinq — Revenues actually received will be regularly compared to budgeted revenues
and variances will be investigated. This process will be summarized in the appropriate budget report.
VII. EXPENDITURE CONTROL
A. Appropriations — The level of budgetary control is the department level in the General Fund and Water
and Sewer Fund, and the fund level in all other funds. When budget adjustments between funds are
necessary, these must be approved by the City Council. Budget appropriation amendments at lower
levels of control shall be made in accordance with the applicable administrative procedures through
the finance office.
B. Central Control — Significant salary and capital budgetary savings in any department will be centrally
controlled and may not be spent by the department without specific City Manager authorization.
C. Purchasing-- All purchases shall be in accordance with the City's purchasing policies. Purchases and
any contracts exceeding the limit established by state law will conform to a formal bidding process as
outlined. Recommendations on purchases and contracts that are subject to the bidding process will
be made to the City Council for their approval.
D. Prompt Payment — All invoices will be paid within 30 days of receipt in accordance with the prompt
payment requirements of State law. Procedures will be used to take advantage of all purchase
discounts where considered cost effective. However, payments will also be reasonably delayed in
order to maximize the City's investable cash, where such delay does not violate the agreed upon
payment terms.
E. Equipment Financing — Equipment may be financed when the unit purchase price is $20,000 or more
and the useful life is at least four years with City Council approval.
VIII. ASSET MANAGEMENT
A. Investments — The City's investment practices will be conducted in accordance with the City Council
approved Investment Policies. Utilized objectives: safety, liquidity, and yield.
B. Cash Management — The City's cash flow will be managed to maximize the cash available to invest.
C. Investment Performance — At the end of each fiscal year a report on investment performance will be
provided by the Finance Director to the City Manager for presentation to the City Council.
D. Fixed Assets and Inventory — These assets will be reasonably safeguarded, property accounted for,
and prudently insured.
IX. FINANCIAL CONDITION AND RESERVES
A. No Operating Deficits — Current expenditures will be paid with current revenues. Deferrals, short-term
loans, or one-time sources will be avoided as budget balancing techniques. Reserves will be used
only for emergencies or nonrecurring expenditures, except when balances can be reduced because
their levels exceed guideline minimums.
B. Operating Reserves — The General Fund resources balance combined with the Emergency Reserve
Funds should be at least 30 to 60 days in working capital and never fall below 8.3% of the General
Fund expenditures budget. This percentage is the equivalent of 30 days' expenditures. The Enterprise
Fund working capital should be at least 45 to 75 days in working capital and never fall below 12% of
the Water and Wastewater operating expense budget. An additional cash test will be required for the
Water and Wastewater Fund to ensure the City's ability to operate, exclusive of accounts receivable.
C. Risk Management Program — The City will aggressively pursue every opportunity to provide for the
public's and City employees' safety and to manage its risks. All reasonable options will be investigated
to finance losses. Such options may include risk transfer, insurance, and risk retention. Where risk is
retained, reserves will be established based on actuarial determinations. Such reserves will not be
used for any purpose other than for financing losses.
D. Compensated Absences — The City will establish a separate expenditure account within its operating
funds to pay for accrued vacation leave. Accrued vacation leave can normally be paid by allowing a
vacated position to remain open for several weeks. This account will be established based upon a
schedule of estimated retirements which will be developed in conjunction with the operating budget.
IBM
E. Equipment Replacement — The City shall maintain an Equipment Replacement Fund for vehicles and
equipment. Funds will be transferred based on a depreciated calculation of each piece of equipment.
F. Health Claims — The City shall maintain a fund for health claims for all employees. Adequate reserves
shall be maintained as determined actuarially. All reasonable cost containments will be reviewed to
keep the cost to the City and the employees minimal.
X. DEBT MANAGEMENT
A. Short -Term Debt — Short-term debt may be issued for interim financing, short economic life assets, or
funding operational cash flow deficits or anticipated revenues. If utilized, tax anticipation notes (TAN's)
will be retired in accordance with State law, and bond anticipation notes (BAN's) will be retired within
six months of completion of the project. Any short-term debt outstanding at year end will not exceed
5% (including TAN's, but excluding BAN's) of net operating revenues.
B. Long -Term Debt — The City may issue long-term debt when it is deemed that capital improvements
should not be financed from current revenues, reserves, or short-term borrowings. Long -Term debt
will not be used for operating purposes, and the life of the bonds will not exceed the useful life of the
projects financed.
C. Self -Supporting Debt — When appropriate, self-supporting revenues will pay debt service in lieu of tax
revenues.
D. Rating — Full disclosure of operations will be made to the bond rating agencies. The City staff, with
the assistance of fiscal advisors or bond counsel, will prepare the necessary materials for and
presentation to the rating agencies.
E. Water and Wastewater Bond Coverage Ratios — The City has both revenue bonds and other
indebtedness of the Water and Wastewater Fund. The City will maintain two coverage ratios: 1.50
for revenue bonds "technical average" and 1.25 for all indebtedness "practical coverage". The City
will issue new debt for an Enterprise only after an "additional bonds" test has been applied to the
issuance. This test determines that revenues are sufficient to defray the additional debt service burden
that will be created by the new issuance.
F. Federal Requirements — The City will maintain procedures to comply with arbitrage rebate and other
Federal requirements as necessary. In attempt to exempt the City from arbitrage rebate requirements,
the City will attempt to issue bonds in increments not to exceed $5,000,000 per calendar year.
G. Debt Service Reserves — The Debt Service Fund will maintain a minimum level of reserves equal to
one month of principal and interest. This does not include the amounts accrued for the next debt
service payment.
The policy above does not preclude the debt service reserves normally established to market revenue
bonds. The City's policy and bond ordinance requirement are to maintain these debt service reserves
at the level of the average annual debt service.
H. Debt Burden — The Debt Burden should be within the norm of comparable cities. Specifically,
maintenance of capacity not to exceed the median per capita and per assessed valuation will be
monitored.
I. Debt Structuring — The City will issue bonds with an average life of twenty (20) years or less in order
to reduce net interest cost and maintain future flexibility by paying off debt earlier. The issuance should
contribute to an overall curve that is relatively flat.
J. Competitive vs. Negotiated Bidding — The City will analyze on a per issue and market basis the desire
to utilize competitive versus negotiated sale of bonds. In either instance, the fiscal staff will present to
management and council advantages and disadvantages of the process.
K. Bidding Parameters — The notice of sale will be carefully constructed so as to ensure the best possible
bid for the City, in light of the existing market conditions and other prevailing factors. Parameters to
be examined include:
• Limits between lowest and highest coupons
• Coupon requirements relative to the yield curve
• Method of underwriter compensation, discount or premium coupons
• Use of True Interest Cost (TIC) vs. Net interest Cost (NIC)
1-13
• Use of bond insurance
• Deep discount bonds
• Variable rate bonds
• Call provisions
L. Bond Issuance Advisory Fees and Costs — The City will be actively involved in the selection of all
financial advisors, underwriters, paying agents, and bond counsel. The City shall evaluate the merits
of rotating professional advisors and consultants as well as the kinds of services and fee structures
available from independent financial advisors, investment banking firms, and commercial banks. The
City will carefully itemize and scrutinize all costs associated with the issuance of bonds.
M. Refunding Debt — The City shall continually review outstanding obligations and may initiate refinancing
when the potential for present value savings calculate to approximately five percent (5%) or gross
savings exceed $100,000.
N. Maximum Debt Levels — The water and wastewater bond maximum shall be within Bond Coverage
Ratios as stated in this policy. The City will strive to keep the portion of the City's ad valorem tax rate
for interest and sinking (debt service) that is tax supported debt (excluding self-supporting debt) below
forty percent (40%) of the total adopted City ad valorem tax rate. The State of Texas limits the total
City ad valorem tax rate to $2.50 per $100 valuation.
O. Fixed Rate Debt — To maintain a predictable debt service schedule, the City may give preference to
debt that carries a fixed interest rate.
P. Variable Rate Debt - Variable rate debt is debt that bears interest at a floating rate established at
specific intervals. The City strives not to exceed thirty percent (30%) of the City's total outstanding
debt in variable rate debt and may consider using variable rate debt in circumstances where assets
and liabilities match, for interim financing, where interest rates are above historic averages, if
diversification of debt is desired, or there is a variable revenue stream.
XI. STAFFING AND TRAINING
A. Adequate Staffing — Staffing levels will be adequate for the fiscal functions of the City to function
effectively. Overtime shall be used only to address temporary or seasonal demands that require
excessive hours. Workload shedding alternatives as well as technology will be explored before adding
staff.
B. Training — The City will support the continuing education efforts of all financial staff including the
investment in time and materials for maintaining a current perspective concerning financial issues.
Staff will be held accountable for communicating, teaching, and sharing with other staff members all
information and training materials acquired from seminars, conferences, and related education efforts.
C. Awards. Credentials — The City will support efforts and involvements which result in meeting standards
and receiving exemplary recitations on behalf of any of the City's fiscal policies, practices, processes,
products, or personnel. Further, the Finance Director will try to obtain and/or maintain designation of
Certified Government Finance Officer as awarded by the GFOA of Texas.
1-14
CAPITAL, INFRASTRUCTURE PLANS Et
FLEET/EQUIPMENT REPLACEMENT
Capital/One-Time Et Supplemental Requests by Fund
Capital/One-Time Et Supplemental Requests by
Department
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Memo, Projected Equipment Replacement Fund
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FY2021-22 INFRASTRUCTURE PLAN
STREET MAINTENANCE PLAN
Street maintenance includes material and labor for sub grade repair, curb and gutter
replacement (as needed), manhole and water valve adjustments, driveway approach
repair (as needed) and other miscellaneous items associated with specific locations.
The maintenance list and methods employed will be based on the IMS (Infrastructure
Management Services) street condition study as well as staffs knowledge of street
conditions.
SIDEWALK PLAN
Sidewalk construction includes material and labor for sidewalks, barrier free ramps
where necessary, short concrete paver retaining walls where necessary and other
miscellaneous items that may exist at specific locations.
STREET LIGHT PLAN
The street light plan includes roadway illumination on arterial and collector streets to
enhance pedestrian and vehicular safety during night and low light conditions. Street
light installation may include underground installation of power sources to lights,
concrete foundations, and poles. Where possible the use of existing power poles will be
utilized. New and/or additional street lights on residential streets are not addressed or
included in this plan but are reviewed on a case by case basis.
SIGNAL PLAN
The Traffic Signal Plan includes traffic signals and flashing school zone signs located
throughout the City of Euless. The items included in the plan are upgrades to signal
controllers, upgrades to signal heads, conversion of hardwired vehicle detection to
video detection, replacement of antiquated flashers and other miscellaneous related
items.
2-5
MEMO
TO: Loretta Getchell, City Manager
FROM: Kyle McAdams, Fleet and Facility Director
DATE: July 30, 2021
SUBJECT: Projected Equipment Replacement Fund
Beginning working capital available as of October 1, 2020 $10,992,819
REVENUE:
Depreciation
$2,562,590
Issuance Proceeds
$1,695,000
Salvage Sales (estimated)
$40,229
Interest/Misc.
$20,000
Total Revenues:
$4,317,819
TOTAL FUNDS AVAILABLE $15,310,638
EXPENSES:
Replacement Vehicles $1,472,500
Total Expenses: $1,472,500
ESTIMATED ENDING BALANCE SEPTEMBER 30, 2021 $13,838,138
ESTIMATED REVENUE
Depreciation $5,048,704
Salvage Sales (estimated) $40,229
Interest/Misc. $30,925
Total Revenues: $5,119,858
ESTIMATED TOTAL FUNDS AVAILABLE: $18,957,996
ESTIMATED EXPENSES:
Replacement Vehicles $2,063,700
Tax Notes 2021 Equipment Package $1,695,000
Replacement Equipment $1,172,000
Alternative Fuel Conversion $10,500
Total Expenses: $4,941,200
ESTIMATED ENDING BALANCE SEPTEMBER 30, 2022 $14,016,796
2-6 Replacement
City of Euless : Fleet Transfer
Budget Year 2021 - 2022
Department Name
Account Code
Transfer
Administration
101-1011-513
9601
$2,154
Police / Code Compliance
101-3025-521
9601
$15,333
Police /Administration
101-3045-521
9601
$12,217
Police / Patrol
101-3046-521
9601
$322,600
Police / C.I.D.
101-3047-521
9601
$21,269
Police / Service
101-3048-521
9601
$15,938
Police / Detention
101-3049-521
9601
$1,778
Fire / Ed. Prev. / Marshall
101-4023-522
9601
$35,800
Fire / EMS / Suppression
101-4041-522
9601
$634,557
Facility Maintenance
101-5037-519
9601
$20,483
Planning
101-6034-540
9601
$9,744
Recreation
101-7051-550
9601
$23,731
Parks
101-7052-550
9601
$148,267
Animal Control
101-8033-531
9601
$14,545
Streets
101-8033-531
9601
$153,633
Total General Fund:
$1,432,049
City Engineer
501-8066-531
9601
$7,133
Water Production
501-8071-531
9601
$3,364
Water Distribution
501-8072-531
9601
$99,547
Sewer & Treatment
501-8073-531
9601
$46,986
Total Water & Wastewater:
$157,030
EDC Parks (Tx Star)
210-1052-550
9601
$5,500
Fleet Services
504-5090-519
9601
$4,920
Drainage Utility
510-8029-531
9601
$4,600
Parks at Texas Star
530-7050-550
9601
$4,600
Texas Star Golf Course * 540-7060-550 9601 $161, 916
City Total: $1,770,615
* 55% Transfer
2-7
City of Euless : Asset Transfer
Budget Year 2021 - 2022
Department Name
Finance - Purchasing
Police / Administration
Police / Patrol
Police / C.I.D.
Police / Service
Police / Detention
Police / EOC
Fire / Administration
Fire / Safety & Training
Fire / EMS
Fire / Suppression
Facility Maintenance
Library
Recreation - Administration
Recreation - EFLAP
Recreation - ELFC NAT
Recreation - EFLC MID Rec
Recreation - Parks Maint.
Recreation - Splash
Recreation - Senior Center
Public Works - Yard Equip.
City Secretary's Office
Information Services
Total General Fund:
Courts
Engineering
Well - Far North
Well - Fuller
Reclaimed Water
Total Water & Sewer Fund:
Euless Development Corp
Westpark
Wilshire
Bob Eden
VOBC
Midway
Heritage
Trailwood
Preserve
McCormick
Blessing Branch
South Euless
Carr Park
Total EDC
Police / CCPD
Fleet Services
Special Rec Fund
Parks @ Texas Star
Parks @ TX Star - North
Parks @ TX Star.
Texas Star / Golf Operations*
Texas Star / Conf. Center*
Texas Star / Grille Operations*
Texas Star Golf & Conference:
* 55% Transfer for FY2022
Account Code Transfers
@ 100% @ 55%
101-5036-519
101-3045-521
101-3046-521
101-3047-521
101-3048-521
101-3049-521
101-3024-521
101-4023-522
101-4023-522
101-4041-522
101-4041-522
101-5037-519
101-5054-519
101-7084-550
101-7051-550
101-7052-550
101-7051-550
101-5052-550
101-7052-550
101-7052-550
101-8033-531
101-1014-510
101-5016-519
202-2013-515
501-8066-531
501-8071-531
501-8071-531
501-5072-531
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
210-1052-550
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
M
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
9601
220-3045-521
9601
504-5090-519
9601
520-7055-550
9601
530-7050-550
9601
530-7050-550
9601
540-7062-550 9601
540-7068-550 9601
540-7067-550 9601
City Total:
$ 2,000
$ 3,000
$ 64,217
$ 4,783
$ 157,880
$ 3,917
$ 15,233
$ 12,722
$ 3,625
$ 3,875
$ 58,925
$ 36,053
$ 73,683
$ 5,419
$ 88,179
$ 26,827
$ 6,219
$ 444
$ 6,706
$ 39,549
$ 237,853
$ 2,267
$ 17,714
$ 871,090
$ 700
$ 2,175
$ 71,233
$ 69,333
$ 86,850
$ 229,592
$ 5,736
$ 54,600
$ 5,261
$ 18,548
$ 10,707
$ 6,817
$ 4,319
$ 10,981
$ 3,795
$ 150
$ 3,007
$ 35,433
$ 159,356
$ 154,025
$ 13,561
$ 81,431
$ 33,717
$ 28,953
$ 62,670
$ 57,735
$ 39,544
$ 25,077
$ 122,356
,D I,oy'f, I ou
$ 1,100
$ 1,650
$ 35,319
$ 2,631
$ 86,834
$ 2,154
$ 8,378
$ 6,997
$ 1,994
$ 2,131
$ 32,409
$ 19,829
$ 40,526
$ 2,980
$ 48,498
$ 14,755
$ 3,420
$ 244
$ 3,688
$ 21,752
$ 130,819
$ 1,247
$ 9,743
$ 479,099
$ 500
$ 1,196
$ 39,178
$ 38,133
$ 47,768
$ 126,275
$ 3,155
$ 30,030
$ 2,894
$ 10,202
$ 5,889
$ 3,749
$ 2,376
$ 6,040
$ 2,088
$ 83
$ 1,654
$ 19,488
$ 87,646
$ 84,714
$ 7,458
$ 44,787
$ 18,544
$ 15,924
$ 34,468
$ 31,754
$ 21,749
$ 13,792
$ 67,296
$ 932,244
Arrears
Funding
Needed
$ 52,000
$ 72,261
$ 23,743
$ 125,233
$ 273,237
$ 7,850
$ 19,900
$ 25,930
$ 536,817
$ 590,497
$ (0)
$ 7,510
$ 195,178
$ (0)
$ 14,700
$ 55,566
$ 9,3231
$ 2BZ276
$ 62, 775
$ 190,136
$ 190,136
$ 99,369
$ 99,369
$ 1,498,290
2-8
PROPOSED FLEET REPLACEMENTS - FY2022
UNIT
-- CURRENT --
PLANNED 202012021
UNIT #
YEAR
AGE
VEHICLE TYPE
DEPT.
REPLACEMENTS TAX NOTE
798
2007
14
CASE LOADER/BACKHOE
PW - H2O DIST
$
125,000
872
2011
10
FORD 1/2T PICKUP
PW - H2O DIST
$
29,000
857
2009
12
TOYOTA 4DR SEDAN HYBRID
PLANNING
$
27,000
849
2008
13
FORD 1/2T PICKUP
PW-SEWER
$
31,000
846X
2008
13
PIPEHUNTER SM SEWER UNIT
PW-SEWER
$
116,000
771
2006
15
CASE SKID STEER LOADER
PARKS
$
82,500
782
2006
15
ROAD CLIPPER UTILITY TRAILER
PARKS
$
2,000
809
2008
13
CHIPPER BOX TRUCK ONLY
PARKS
$
40,000
784
2007
14
LOAD KING TRAILER
PARKS
$
8,000
906
2012
9
KUBOTA TRACTOR
PTXN
$
17,000
731
2004
17
FORD PASSENGER VAN / SWAT
PD - DETENTION
$
32,000
863
2008
13
CHEVROLET 3/4T WINDOW VAN
PD - SERVICE
$
40,000
803
2008
13
FORD 4DR SEDAN
PD - ADMIN
$
25,000
864
2009
12
CHEVY HHR SEDAN
PD - CID
$
25,000
TBD
PATROL UNIT
PD-PATROL
$
67,000
TBD
PATROL UNIT
PD-PATROL
$
67,000
TBD
PATROL UNIT
PD - PATROL
$
67,000
TBD
PATROL UNIT
PD-PATROL
$
67,000
823
2007
14
FORD 1/2T PICKUP
PD - CODE
$
28,000
LP2716
2014
7
LIFEPAK SYSTEM
FD - EMS
$
47,000
LP3323
2014
7
LIFEPAK SYSTEM
FD - EMS
$
47,000
LP2902
2014
7
LIFEPAK SYSTEM
FD - EMS
$
47,000
ST9560
2015
6
STRYKER MICU COT
FD - EMS
$
20,000
ST0190
2016
5
STRYKER MICU COT
FD - EMS
$
22,000
ST0191
2016
5
STRYKER MICU COT
FD - EMS
$
22,000
286
2016
5
FORD / FRASER MICU UNIT
FD - EMS
$ 290,000
1019
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1022
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1024
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1026
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1027
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1033
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1042
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1046
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1057
2017
4
CUSHMAN HAULER / UTIL CART
TX STAR GC
$
10,800
1 - 80
2018
3
EZ-GO GOLF CARTS
TX STAR GC
$
576,000
TAX NOTE
CITY FLEET REQUESTS:
$
1,100,600 $ 290,000
TX STAR REQUESTS:
$
673,200
TOTAL PURCHASES FY2022:
$
1,773,700 $ 290,000
2-9
PROPOSED MISC. ASSET REPLACEMENTS - FY2022
UNIT
LOCATION
-- CURRENT --
UNIT
PLANNED
YEAR
AGE
DEPT.
ASSIGNED
ASSET TYPE
COUNT
REPLACEMENTS
2008
14
FIRE
SUPPRESSION THERMAL IMAGING UNIT
2
$
25,000
2014
8
FIRE
SUPPRESSION
TEST STAND - STATION #2
1
$
4,000
2014
8
FIRE
SUPPRESSION
TEST STAND - STATION #3
1
$
4,000
2013
9
FIRE
ADMIN
TREADMILLS
6
$
47,000
2016
6
PACS
EFLC - AP
TOT WATER SLIDE
SET
$
12,000
2016
6
PACS
EFLC - FIT
TREADMILLS
2
$
21,000
2016
6
PACS
EFLC - FIT
AMT'S
2
$
21,000
2017
5
PACS
EFLC - FIT
STAIRMASTER
1
7,500
2017
5
PACS
EFLC - FIT
STEP MILL
2
$
16,000
2017
5
PACS
EFLC - FIT
TREADMILLS
8
$
69,000
1996
26
PACS
TRAILWOOD
WATER FOUNTAINS
1
$
5,000
1997
25
PACS
PATS
WATER FOUNTAINS
4
$
39,000
2000
22
PACS
PATS-S
PICNIC TABLES
37
$
53,000
2004
18
PACS
SPLASH
PUMPS & FILTERS
1
$
46,000
2010
12
PACS
EFLC - SC
AUTOMATIC DOORS
SET
$
59,000
2015
7
PACS
EFLC - REC
GYM FLOOR RESURFACE
1
$
23,000
1996
26
PACS
BOB EDEN
PLAYGROUND EQUIPMENT
SET
$
100,000
2010
12
POLICE
CCPD
TRAINING ROOM FURNITURE
SET
$
33,000
2016
6
POLICE
CCPD
SWAT VESTS
SET
$
39,000
2018
4
POLICE
EMG MGMNT
EOC PLOTTER
1
$
4,000
2010
12
POLICE
JAIL
FLOOR SCRUBBING MACHINE
1
$
9,000
2017
5
POLICE
PATROL
IN -CAR RADIO REPLACEMENT
SET
$
390,000
2007
15
FACILITY
SERVICE CENT.
VERTICAL MAN LIFT
1
$
25,000
2015
7
IS
BUILDING D
STORAGE AREA NETWORK
1
$
98,000
1997
25
TX STAR
GRILLE
BEVERAGE COOLER - 4 DOOR
1
$
9,500
1997
25
TX STAR
GRILLE
MIXER
1
$
13,000
CITY ASSET REQUESTS:
$
1,149,500
TX STAR REQUESTS:
$
22,500
TOTAL PURCHASES FY2022:
$
1,172,000
2-10
Schedule of Outstanding and Proposed Indebtedness
Annual Debt Service
Total General Obligation Debt
Tax -Supported General Obligation Debt
TIRZ/PID Supported General Obligation Debt
Taxable (Self -Supporting) G.O. Debt
Golf G.O. Refunding Debt
Water St Wastewater Revenue Debt
Sales Tax Revenue Debt
Outstanding Indebtedness
Principal
Amount of
Remaining
Description
Dated
Amount
Original
Paying Agent
Maturity
Outstanding
Issuance
Interest Rate
General Obligation Refunding Bonds, Series
12/1/2011
$ 1,560,000
$ 5,955,000
U.S. Bank
3%to4%
2/15/2024
2012
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
1/15/2011
$ 1,765,000
$ 3,035,000
U.S. Bank
4% to 4.25%
8/15/2030
Series 2011'
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
10/15/2014
$ 4,505,000
$ 5,715,000
U.S. Bank
3% to 5%
8/15/2034
Series 2014'
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
10/27/2015
$ 2,530,000
$ 3,030,000
U.S. Bank
3% to 5%
2/15/2035
Series 2015'
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
1/12/2016
$ 14,485,000
$ 16,450,000
U.S. Bank
2.25%to 4%
2/15/2041
Obligation, Series 2016'
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
3/1/2018
$ 8,270,000
$ 9,180,000
U.S. Bank
3% to 4%
2/15/2038
Obligation, Series 20185
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
1/15/2019
$ 11,165,000
$ 11,785,000
U.S. Bank
3% to 5%
2/15/2039
Obligation, Series 2019
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
1/14/2020
$ 6,850,000
$ 7,115,000
U.S. Bank
2% to 3.5%
2/15/2040
Obligation, Series 2020
Tax Notes Series 2020
6/25/2020
$ 745,000
$ 1,110,000
UMB Bank
1.07%
2/15/2023
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
4/8/2021
$ 5,360,000
$ 5,360,000
U.S. Bank
1.625%to 4%
2/15/2041
Obligation, Series 2021
Tax Notes Series 2021
4/8/2021
$ 1,625,000
$ 1,625,000
U.S. Bank
4.00%
2/15/2024
axable General Obligation Refunding
Bonds, Series 20102
8/15/2010
$ 2,555,000
$ 8,110,000
U.S. Bank
4%to4.4%
8/1/2025
General Obligation Refunding Bonds, Series
11/1/2012
$ 3,295,000
$ 7,185,000
U.S. Bank
2%to 2.625%
2/15/2027
2012A3
Waterworks & Sewer System Revenue
Refunding Bonds, Series 20124
3/29/2012
$ 405,000
$ 3,340,000
Bank of Texas
2.03%
7/15/2024
Waterworks & Sewer System Revenue
6/25/2013
$ 1,585,000
U.S. Bank
3.625% 5%
7/15/2033
Bonds, Series 20134
$ 1,080,000
to
Waterworks & Sewer System Revenue
Texas Water
Bonds, Series 2015A4
8/5/2015
$ 3,365,000
$ 4,685,000
Development
0.8% to 1.98%
7/15/2035
Board
Waterworks & Sewer System Revenue
Texas Water
8/5/2015
$ 1,780,000
$ 2,380,000
Development
0.5% to 1.68%
7/15/2035
Bonds, Series 201584
Board
Waterworks & Sewer System Revenue
Texas Water
Bonds, Series 2018
4/15/2018
$ 2,400,000
$ 2,785,000
Development
0.24% to 1.49%
7/15/2038
Board
Texas Water
Waterworks & Sewer System Revenue
4/25/2019
$ 8,750,000
$ 9,275,000
Development
0.29% to 1.66%
7/15/2049
Bonds, Series 2019
Board
Euless Development Corporation, Sales Tax
10/15/2018
$ 1,445,000
$ 1,635,000
U.S. Bank
3% to 4%
9/15/2038
Revenue Bonds, Series 2018
Euless Development Corporation, Sales Tax
11/12/2019
$ 3,800,000
$ 4,120,000
U.S. Bank
2.5%to 4%
9/15/2039
Revenue Bonds, Series 2019
AXON Enterprise, Inc. Lease
10/25/2018
$ 283,404
$ 674,906
AXON
3% Imputed
2/7/2023
Enterprise, Inc.
Proposed Indebtedness
Proposed
Anticipated
Proposed
Description
Issuance
Proposed
Payment
Issuance
Proposed
Amount
Sale Type
Source
Date
Term
Public Improvement District (PID) Bonds
TBD
TBD
PID Assessment
January 2022
TBD
' Bonds paid by Tax Increment Financing District and Public Improvement District.
z Bonds paid by rental income from Stars Center.
3 Remaining Bonds paid by Texas Star Golf Course.
° Bonds paid by Water & Wastewater user charges.
5 Bonds partially paid by Tax Increment Financing District and Public Improvement District.
4M
ANNUAL DEBT SERVICE
TOTAL GENERAL OBLIGATION AND REVENUE DEBT
$10, 000,000
$9,000,000
$8,000,000
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0
SALES TAX Y2 CENT
GOLF
-
STAR CENTER
-- - -
WATER & WASTEWATER
--- - -
G.O.'S AND C.O.'S
- ----
---
-
-
-
2022 2024 2026 2028 2030 2032 2034 2036 2038 2040 2042 2044 2046 2048
FISCAL YEAR
GENERAL
TOTAL ANNUAL DEBT SERVICE REQUIREMENTS
SUMMARY OF TOTAL GENERAL OBLIGATION AND REVENUE DEBT
& CERTIFICATES WATER & SALES TAX
YEAR
2022
OF OBLIGATION
$5,825,057
GOLF•
$591,275
$1,208,393
$710,020
$401,125
$8,735,870
2023
$5,828,311
$590,444
$1,214,746
$706,020
$397,975
$8,737,496
2024
$5,288,876
$588,738
$1,209,786
$708,740
$394,625
$8,190,765
2025
$4,172,001
$591,072
$1,073,658
$715,140
$401,075
$6,952,946
2026
$4,167,901
$587,419
$1,069,201
$0
$396,975
$6,221,496
2027
$4,170,791
$592,678
$1,073,835
$0
$396,975
$6,234,279
2028
$4,167,388
$0
$1,071,924
$0
$396,575
$5,635,886
2029
$4,169,925
$0
$1,074,096
$0
$395,775
$5,639,796
2030
$4,177,501
$0
$1,075,181
$0
$399,575
$5,652,257
2031
$3,934,454
$0
$1,074,672
$0
$394,875
$5,404,001
2032
$3,935,509
$0
$1,083,190
$0
$396,100
$5,414,799
2033
$3,939,725
$0
$1,075,675
$0
$397,000
$5,412,400
2034
$3,944,975
$0
$947,371
$0
$396,450
$5,288,796
2035
$3,510,728
$0
$954,407
$0
$395,600
$4,860,735
2036
$3,286,447
$0
$540,758
$0
$399,400
$4,226,605
2037
$3,288,553
$0
$539,444
$0
$397,700
$4,225,697
2038
$3,281,728
$0
$537,826
$0
$400,650
$4,220,204
2039
$2,642,350
$0
$380,949
$0
$278,100
$3,301,399
2040
$1,790,200
$0
$381,181
$0
$0
$2,171,381
2041
$922,725
$0
$381,208
$0
$0
$1,303,933
2042
$0
$0
$381,060
$0
$0
$381,060
2043
$0
$0
$380,767
$0
$0
$380,767
2044
$0
$0
$380,327
$0
$0
$380,327
2045
$0
$0
$379,773
$0
$0
$379,773
2046
$0
$0
$379,103
$0
$0
$379,103
2047
$0
$0
$383,316
$0
$0
$383,316
2048
$0
$0
1 $382,330
1 $0
$0
$382,330
2049
$0
$0
$381,225
$0
$0
$381,225
TOTAL
$76,445,147
$3,541,625
$21,015,397
$2,839,920
$7,036,550
$110,878,638
3-2
Total General Obligation Debt
Composition of Debt Service
$6,500,000
$6,000,000 J Interest Principal
$5,500,000
$5,000,000
$4,500,000
$4,000,000 `
$3,500,000
$3,000,000 I 4
$2,500,000 4r
$2,000,000 `
$1,500,000
$1,000,000
i
$500,000 !
2022 2024 2026 2028 2030 2032 2034 2036 2038 2040
Fiscal Year
DEBT SERVICE REQUIREMENTS
SUMMARY OF GENERAL OBLIGATION DEBT
YEAR
INTEREST
PRINCIPAL
REQUIREMENTS
2022
$1,935,449
$3,889,608
$5,825,057
2023
$1,734,515
$4,093,796
$5,828,311
2024
$1, 593, 876
$3,695, 000
$5,288, 876
2025
$1,492, 001
$2,680, 000
$4,172, 001
2026
$1,402,901
$2,765, 000
$4,167, 901
2027
$1,310, 791
$2, 860, 000
$4,170, 791
2028
$1,212, 388
$2, 955, 000
$4,167, 388
2029
$1,104,925
$3,065,000
$4,169, 925
2030
$992, 501
$3,185, 000
$4,177, 501
2031
$879,454
$3,055,000
$3,934,454
2032
$780,509
$3,155,000
$3,935,509
2033
$684, 725
$3,255, 000
$3, 939, 725
2034
$584,975
$3,360,000
$3,944,975
2035
$480,728
$3,030,000
$3,510,728
2036
$391,447
$2,895,000
$3,286,447
2037
$303,553
$2,985,000
$3,288,553
2038
$211,728
$3,070,000
$3,281,728
2039
$127,350
$2,515,000
$2,642,350
2040
$65,200
$1,725,000
$1,790,200
2041
$12,725
$910,000
$922,725
TOTAL
$17,301,743
$59,143,404
$76,445,147
3-3
Tax -Supported General Obligation Debt
Composition of Debt Service
$4,500,000
$4,000,000
$3,500,000
$ 3, 000, 000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
ME
,AInterest Principal
2022 2024 2026 2028 2030 2032 2034 2036 2038 2040
Fiscal Year
DEBT SERVICE REQUIREMENTS
SUMMARY OF TAX -SUPPORTED GENERAL OBLIGATION DEBT
YEAR
INTEREST
PRINCIPAL
REQUIREMENTS
2022
$1,187,868
$2,754,608
$3,942,476
2023
$1,031,159
$2,908,796
$3,939,955
2024
$942,445
$2,470,000
$3,412,445
2025
$876,345
$1,415,000
$2,291,345
2026
$827,120
$1,460,000
$2,287,120
2027
$776,185
$1,510,000
$2,286,185
2028
$720,738
$1,560,000
$2,280,738
2029
$657,563
$1,625,000
$2,282,563
2030
$591,164
$1,700,000
$2,291,164
2031
$525,739
$1,760,000
$2,285,739
2032
$465,966
$1,820,000
$2,285,966
2033
$410,769
$1,880,000
$2,290,769
2034
$352,875
$1,940,000
$2,292,875
2035
$292,069
$1,995,000
$2,287,069
2036
$230,884
$2,060,000
$2,290,884
2037
$169,084
$2,120,000
$2,289,084
2038
$104,291
$2,180,000
$2,284,291
2039
$47,725
$1,595,000
$1,642,725
2040
$15,475
$775,000
$790,475
2041
$3,300
$330,000
$333,300
TOTAL
$10,228,762
$35,858,404
$46,087,165
3-4
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
GENERAL OBLIGATION REFUNDING BONDS,SERIES 2012
DATED:
December 1, 2011
ORIGINAL AMOUNT:
$5,955,000
INTEREST RATES:
BOND YEARS 2012-2016 @ 2.000%, 2017-2019 @ 3.000%, 2020-2022 @ 4.000%,
2023 @ 3.000% and 2024 @ 3.125%
PAYING AGENT:
U.S. BANK
OPTION DATE:
February 15, 2021
YEAR
COUPON
INTEREST
PRINCIPAL
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
FEBRUARY 15
2022
4.000%
$26,259
$16,159
$505 000
$547,419
2023
3.000%
$16,159
$8,359
$520,000
$544,519
2024
3.1259/6
$8,359
$0
$535,000
$543,359
TOTAL
$50,778
$24,519
$1,560,000
$1,635,297
Proceeds from the sale of the Bonds were used to (i) refund a portion of the City's outstanding debt in order to lower the overall debt
service requirements of the City and (ii) to pay the costs associated with the issuance of the bonds. These Bonds are direct obligations
of the City payable from an annual ad valorem tax levied on all taxable property within the City, within the limits prescribed by law.
19W
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2018
DATED:
March 1, 2018
ORIGINAL AMOUNT:
$9,180,000
INTEREST RATES:
BOND YEARS 2019 @ 4.00%, 2020-2023 @ 3.00%, 2024-2029 @ 4.00%, 2030-
2031 @ 3.00%, 2032-2033 @ 3.125%, 2034-2035 @ 3.250%, 2036-2037 @
3.3375% and 2038 @ 3.50%
PAYING AGENT:
U.S. BANK
OPTION DATE:
February 15, 2028
YEAR
COUPON
INTEREST
PRINCIPAL
FEBRUARY 15
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
2022
3.000%
$142,706
$137,306
$360,000
$640,013
2023
3.000%
$137,306
$131,756
$370,000
$639,063
2024
4.000%
$131,756
$124,056
$385,000
$640,813
2025
4.000%
$124,056
$116,056
$400,000
$640,113
2026
4.000%
$116,056
$107,756
$415,000
$638,813
2027
4.000%
$107,756
$99,056
$435,000
$641,813
2028
4.000%
$99,056
$90,056
$450,000
$639,113
2029
4.000%
$90,056
$80,656
$470,000
$640,713
2030
3.000%
$80,656
$73,382
$485,000
$639,039
2031
3.000%
$73,382
$65,881
$500,000
$639,264
2032
3.125%
$65,881
$57,834
$515,000
$638,716
2033
3.125%
$57,834
$49,475
$535,000
$642,309
2034
3.250%
$49,475
$40,538
$550,000
$640,013
2035
3.250%
$40,538
$31,275
$570,000
$641,813
2036
3.375%
$31,275
$21,319
$590,000
$642,594
2037
3.375%
$21,319
$11,025
$610,000
$642,344
2038
3.500%
$11,025
$0
$630,000
$641,025
TOTAL
$1,380,135
$1,237,429
$8,270,000
$10,887,565
Proceeds from the sale of the Certificates will be used for (i) the construction of public works, to wit: (a) constructing, renovating,
enlarging, equipping and improving various streets, roads, bridges, overpasses, alleyways, thoroughfares, sidewalks, pathways and
related municipal facilities within the City, including lane markings, signage, street, drainage, curbs, gutters, ADA accessibility, traffic
signals, lighting and landscaping related thereto and the acquisition of necessary rights -of -way and land in connection therewith; (b)
constructing, renovating, enlarging, equipping, and improving water and wastewater facilities for the City and the acquisition of
necessary rights -of -way and land in connection therewith; and (c) renovating, improving and equipping existing City buildings and
facilities for police, fire and other City departments, including HVAC system and lighting improvements, and (ii) professional services
rendered in relation to such projects and the financing thereof.
A portion of the debt service is being repaid from other sources.
3-6
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
AXON ENTERPRISE, INC. LEASE
DATED:
October 25, 2018
ORIGINAL AMOUNT:
$674,906
INTEREST RATES:
0% INTEREST RATE; 3% Imputed Interest Rate for Reporting Purposes
PAYING AGENT:
AXON ENTERPRISE, INC.
OPTION DATE:
N/A
YEAR
INTEREST
INTEREST
FEBRUARY7
PRINCIPAL
FEBRUARY7
TOTAL
REQUIREMENTS
2022
3.000%
$8,502
$139,608
$148,110
2023
3.000%
$4,314
$143,796
$148,110
TOTAL
$12,816
$283,404
$296,220
The lease was used to finance an integrated camera and taser system along with related hardware and software for the police
department.
3-7
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2019
DATED:
January 15, 2019
ORIGINAL AMOUNT:
$11,785,000
INTEREST RATES:
BOND YEARS 2020-2024 @ 3.00%, 2025-2028 @ 4.00%, 2029-2031 @ 5.00%,
2032-2035 @ 4.00%, 2036 @ 3.250%, 2037-2038 @ 3.3375% and 2039 @ 3.50%
PAYING AGENT:
U.S. BANK
OPTION DATE:
February 15, 2028
YEAR
COUPON
INTEREST
PRINCIPAL
FEBRUARY 15
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
2022
3.000%
$215,503
$208,978
$435,000
$859,481
2023
3.000%
$208,978
$202,228
$450,000
$861,206
2024
3.000%
$202,228
$195,328
$460,000
$857,556
2025
4.000%
$195,328
$185,728
$480,000
$861,056
2026
4.000%
$185,728
$175,728
$500,000
$861,456
2027
4.000%
$175,728
$165,328
$520,000
$861,056
2028
4.000%
$165,328
$154,528
$540,000
$859,856
2029
5.000%
$154,528
$140,403
$565,000
$859,931
2030
5.000%
$140,403
$125,528
$595,000
$860,931
2031
5.000%
$125,528
$109,903
$625,000
$860,431
2032
4.000%
$109,903
$96,803
$655,000
$861,706
2033
4.000%
$96,803
$83,203
$680,000
$860,006
2034
4.000%
$83,203
$69,003
$710,000
$862,206
2035
4.000%
$69,003
$54,303
$735,000
$858,306
2036
3.250%
$54,303
$41,872
$765,000
$861,175
2037
3.375%
$41,872
$28,541
$790,000
$860,413
2038
3.375%
$28,541
$14,788
$815,000
$858,328
2039
3.500%
$14,788
$0
$845,000
$859,788
TOTAL
$2,267,697
$2,052,194
$11,165,000
$15,484,891
Proceeds from the sale of the Certificates will be used for (i) the construction of public works, to wit: (a) constructing, renovating,
enlarging, equipping and improving various streets, roads, bridges, overpasses, alleyways, thoroughfares, sidewalks, pathways and
related municipal facilities within the City, including lane markings, signage, street, drainage, curbs, gutters, ADA accessibility, traffic
signals, lighting and landscaping related thereto and the acquisition of necessary rights -of -way and land in connection therewith; (b)
constructing, renovating, enlarging, equipping, and improving water and wastewater facilities for the City and the acquisition of
necessary rights -of -way and land in connection therewith; and (c) renovating, improving and equipping existing City buildings and
facilities for police, fire and other City departments, including HVAC system and lighting improvements, and (ii) professional services
rendered in relation to such projects and the financing thereof.
3-8
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2020
DATED:
January 14, 2020
ORIGINAL AMOUNT:
$7,115,000
INTEREST RATES:
BOND YEARS 2020-2024 @ 3.50%, 2025-2031 @ 3.00%, 2032-2033 @ 2.00%,
2034 @ 2.125%, 2035 @ 2.250%, 2036-2037 @ 2.375% and 2038-2040 @ 2.50%
PAYING AGENT:
U.S. BANK
OPTION DATE:
February 15, 2029
YEAR
COUPON
INTEREST
PRINCIPAL
FEBRUARY 15
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
2022
3.500%
$92,113
$87,300
$275,000
$454,413
2023
3.500%
$87,300
$82,313
$285,000
$454,613
2024
3.500%
$82,313
$77,150
$295,000
$454,463
2025
3.000%
$77,150
$72,575
$305,000
$454,725
2026
3.000%
$72,575
$67,850
$315,000
$455,425
2027
3.000%
$67,850
$63,050
$320,000
$450,900
2028
3.000%
$63,050
$58,100
$330,000
$451,150
2029
3.000%
$58,100
$53,000
$340,000
$451,100
2030
3.000%
$53,000
$47,675
$355,000
$455,675
2031
3.000%
$47,675
$42,200
$365,000
$454,875
2032
2.000%
$42,200
$38,500
$370,000
$450,700
2033
2.000%
$38,500
$34,700
$380,000
$453,200
2034
2.125%
$34,700
$30,556
$390,000
$455,256
2035
2.250%
$30,556
$26,113
$395,000
$451,669
2036
2.375%
$26,113
$21,303
$405,000
$452,416
2037
2.375%
$21,303
$16,375
$415,000
$452,678
2038
2.500%
$16,375
$11,063
$425,000
$452,438
2039
2.500%
$11,063
$5,625
$435,000
$451,688
2040
2.500%
$5,625
$0
$450,000
$455,625
TOTAL
$927,559
$835,447
$6,850,000
$8,613,006
Proceeds from the sale of the Certificates will be used for (i) the construction of public works, to wit: acquiring, designing, constructing,
improving, expanding and equipping one or more fire stations (including the demolition of existing Fire Station #1), and (ii) professional
services rendered in relation to such projects and the financing thereof.
3-9
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX NOTES, SERIES 2020
DATED:
June 25, 2020
ORIGINAL AMOUNT:
$1,110,000
INTEREST RATES:
1.07%
PAYING AGENT:
UMB BANK, NA
OPTION DATE:
February 15, 2022
YEAR
INTEREST
INTEREST
FEBRUARY 15
AUGUST 15
PRINCIPAL
FEBRUARY 15
TOTAL
REQUIREMENTS
2022
1.070%
$4,006
$2,100
$370,000
$376,106
2023
1.070%
$2,100
$0
$375,000
$377,100
TOTAL
$6,106
$2,100
1 $745,000
1 $753,206
The notes will be used to: (i) pay costs of purchasing equipment, machinery, building, and vehicles for the City's public works, parks and
recreation, fire, and police departments; and (ii) to pay for professional services related to the construction, installation, demolition, and
financing thereof.
3-10
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX AND WATERWORKS AND SEWER SYSTEM (LIMITED PLEDGE)
REVENUE CERTIFICATE OF OBLIGATION, SERIES 2021
DATED:
Aril 8, 2021
ORIGINAL AMOUNT:
$5,360,000
INTEREST RATES:
BOND YEARS 2022-2041 @ 4.000% - 1.625%
PAYING AGENT:
U.S. BANK
OPTION DATE:
February 15, 2030
YEAR
COUPON
INTEREST
PRINCIPAL
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
FEBRUARY 15
2022
4.000%
$108,682
$60,423
$165,000
$334,105
2023
4.000%
$60,423
$56,123
$215,000
$331,545
2024
2.125%
$56,123
$53,732
$225,000
$334,854
2025
1.750%
$53,732
$51,719
$230,000
$335,451
2026
1.750%
$51,719
$49,707
$230,000
$331,426
2027
1.700%
$49,707
$47,709
$235,000
$332,416
2028
4.000%
$47,709
$42,909
$240,000
$330,619
2029
4.000%
$42,909
$37,909
$250,000
$330,819
2030
4.000%
$37,909
$32,609
$265,000
$335,519
2031
3.000%
$32,609
$28,559
$270,000
$331,169
2032
1.625%
$28,559
$26,284
$280,000
$334,844
2033
1.625%
$26,284
$23,969
$285,000
$335,253
2034
1.750%
$23,969
$21,431
$290,000
$335,400
2035
1.750%
$21,431
$18,850
$295,000
$335,281
2036
2.000%
$18,850
$15,850
$300,000
$334,700
2037
2.000%
$15,850
$12,800
$305,000
$333,650
2038
2.000%
$12,800
$9,700
$310,000
$332,500
2039
2.000%
$9,700
$6,550
$315,000
$331,250
2040
2.000%
$6,550
$3,300
$325,000
$334,850
2041
2.000%
$3,300
$0
$330,000
$333,300
TOTAL
$708,817
$600,134
$5,360,000
$6,668,951
Proceeds from the sale of the Certificates will be used to (i) construct public works and, (ii) to pay professional services rendered in
relation to such projects and the financing thereof.
im
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX NOTES, SERIES 2021
DATED:
April 8, 2021
ORIGINAL AMOUNT:
$1,625,000
INTEREST RATES:
4.00%
PAYING AGENT:
U S Bank, N A
OPTION DATE:
N/A
YEAR
INTEREST
INTEREST
FEBRUARY 15
AUGUST 15
PRINCIPAL
FEBRUARY 15
TOTAL
REQUIREMENTS
2022
4.000%
$55,431
$22,400
$505,000
$582,831
2023
4.000%
$22,400
$11,400
$550,000
$583,800
2024
4.000%
$11,400
$0
$570,000
$581,400
TOTAL
$89,231
$33,800
$1,625,000
$1,748,031
Proceeds from the sale of the Notes will be used for: (i) the costs of purchasing equipment, machinery, buildings and vehicles for the City fire
and police departments and (ii) professional services rendered in connection with such projects and the Notes.
3-12
TIRZ/PID-Supported General Obligation Debt
Composition of Debt Service
$2,000,000
$1, 500, 000
$1,000,000
$500,000
t � I
i
I � i
I
$0
2022 2024 2026 2028 2030 2032 2034 2036
kilnterest
Fiscal Year
Principal
2038 2040
DEBT SERVICE REQUIREMENTS
SUMMARY OF TIRZ/PID-SUPPORTED GENERAL OBLIGATION DEBT
YEAR
INTEREST
PRINCIPAL
REQUIREMENTS
2022
$747,581
$1,135,000
$1,882,581
2023
$703,356
$1,185,000
$1,888,356
2024
$651,431
$1,225,000
$1,876,431
2025
$615,656
$1,265,000
$1,880,656
2026
$575,781
$1,305,000
$1,880,781
2027
$534,606
$1,350,000
$1,884,606
2028
$491,650
$1,395,000
$1,886,650
2029
$447,363
$1,440,000
$1,887,363
2030
$401,338
$1,485,000
$1,886,338
2031
$353,716
$1,295,000
$1,648,716
2032
$314,544
$1,335,000
$1,649,544
2033
$273,956
$1,375,000
$1,648,956
2034
$232,100
$1,420,000
$1,652,100
2035
$188,659
$1,035,000
$1,223,659
2036
$160,563
$835,000
$995,563
2037
$134,469
$865,000
$999,469
2038
$107,438
$890,000
$997,438
2039
$79,625
$920,000
$999,625
2040
$49,725
$950,000
$999,725
2041
$9,425
$580,000
$589,425
TOTAL
$7,072,981
$23,285,000
$30,357,981
TIRZ - Tax Increment Reinvestment Zone
PID - Public Improvement District
3-13
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2011
DATED:
January 15, 2011
ORIGINAL AMOUNT:
$180,130
INTEREST RATES:
BOND YEARS 2011-2018 @ 3.000%, 2019-2026 @ 4.000%, 2027-2028 @ 4.125%,
2029-2030 @ 4.250%
PAYING AGENT:
U.S. BANK
OPTION DATE:
August 15, 2021
YEAR
COUPON
INTEREST
PRINCIPAL
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
AUGUST 15
2022
4.000%
$2,050
$2,050
$10,000
$14,100
2023
4.000%
$1,850
$1,850
$10,000
$13,700
2024
4.000%
$1,650
$1,650
$10,000
$13,300
2025
4.000%
$1,450
$1,450
$10,000
$12,900
2026
4.000%
$1,250
$1,250
$10,000
$12,500
2027
4.125%
$1,050
$1,050
$10,000
$12,100
2028
4.125%
$844
$844
$10,000
$11,688
2029
4.250%
$638
$638
$15,000
$16,275
2030
4.250%
$319
$319
$15,000
$15,638
TOTAL
$11,100
$11,100
$100,000
$122,200
Proceeds from the sale of the Bonds were used for (i) street improvements, including drainage, landscaping, curbs, gutters, sidewalks,
entryways, signage, lighting, and traffic signalization incidental thereto, and the acquisition of land and rights -of -way therefor, and (ii) to
pay the costs associated with the issuance of the bonds. These Bonds are direct obligations of the City payable from an annual ad
valorem tax levied on all taxable property within the City, within the limits prescribed by law.
3-14
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2011 (GLADE PARKS)
DATED:
January 15, 2011
ORIGINAL AMOUNT:
$2,854,870
INTEREST RATES:
BOND YEARS 20111-2018 @3.000%, 2019-2026 @ 4.000%,
2029-2030 @4.250 /o
2027-2028@ 4.125%,
PAYING AGENT:
U.S. BANK
OPTION DATE:
August 15, 2021
YEAR
COUPON
INTEREST
PRINCIPAL
AUGUST 15
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
2022
4.000%
$34,072
$34 072
$155 000
$223.144
2023
4.000%
$30,972
130,972
$165,000
$226,944
2024
4.000%
$27,672
$27,672
$170,000
$225,344
2025
4.000%
$24 272
$24,272
$175,000
$223 544
2026
4.000%
$20,772
$20,772
$185,000
$226,544
2027
4.125%
$17,072
$17,072
$195,000
$229,144
2028
4.125%
$13,050
$13 050
$200 000
$226,100
2029
4.250%
$8,925
$8,925
$205,000
$222,850
2030
4.250%
$4,569
$4,569
$215,000
$224,138
TOTAL
$181,375
$181.375
$1,665,000
$2,027,750
Proceeds from the sale of the Bonds were used for (i) street improvements, including drainage, landscaping, curbs, gutters, sidewalks,
entryways, signage, lighting, and traffic signalization incidental thereto, and the acquisition of land and rights -of -way therefor, and (ii) to
pay the costs associated with the issuance of the bonds. These Bonds are direct obligations of the City payable from an annual ad
valorem tax levied on all taxable property within the City, within the limits prescribed by law.
3-15
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE)
REVENUE CERTIFICATES OF OBLIGATION, SERIES 2014 (GLADE
PARKS)
DATED:
October 15, 2014
ORIGINAL AMOUNT:
$5,715,000
INTEREST RATES:
BOND YEARS 2017-2023 @5.000%, 2024-2034 @ 3.000%
PAYING AGENT:
U.S. BANK
OPTION DATE:
August 15, 2024
YEAR
COUPON
INTEREST
PRINCIPAL
AUGUST 15
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
2022
5.000%
$73,325
$73,325
$280,000
$426,650
2023
5.000%
$66,325
$66,325
$295,000
$427,650
2024
3.000%
$58,950
$58,950
$305,000
$422,900
2025
3.000%
$54,375
$54,375
$315,000
$423,750
2026
3.000%
$49,650
$49,650
$325,000
$424,300
2027
3.000%
$44,775
$44,775
$335,000
$424,550
2028
3.000%
$39,750
$39,750
$345,000
$424,500
2029
3.000%
$34,575
$34,575
$355,000
$424,150
2030
3.000%
$29,250
$29,250
$365,000
$423,500
2031
3.000%
$23,775
$23,775
$380,000
$427,550
2032
3.000%
$18,075
$18,075
$390,000
$426,150
2033
3.000%
$12,225
$12,225
$400,000
$424,450
2034
3.000%
$6,225
$6,225
$415,000
$427,450
TOTAL
$511,275
$511,275
$4,505,000
$5,527,550
Proceeds from the sale of the Bonds will be used for (i) street improvements, including drainage, landscaping,
curbs, gutters, sidewalks, entryways, signage, lighting, and traffic signalization incidental thereto, and the
acquisition of land and rights -of -way therefor, and (ii) professional services rendered in relation to such projects and
the financing thereof. These Bonds are direct obligations of the City payable from an annual ad valorem tax levied
on all taxable property within the City, within the limits prescribed by law.
3-16
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE)
DESCRIPTION: REVENUE CERTIFICATES OF OBLIGATION, SERIES 2015 (GLADE
PARKS PHASE 3)
DATED: October 27, 2015
ORIGINAL AMOUNT: $3,030,000
INTEREST RATES: BOND YEARS 2016-2035 @3.000% - 5.000%
(PAYING AGENT: IU.S. BANK I
JOPTION DATE: IFebruary 15, 2026 1
YEAR
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
TOTAL
COUPON
5.000%
5.000%
5.000%
3.000%
3.000%
3.000%
3.000%
3.000%
3.000%
3.125%
3.125%
3.250%
3.500%
3.375%
INTEREST
FEBRUARY 15
AUGUST 15
$43,500
$40,000
$40,000
$36,375
$36,375
$32,625
$32,625
$30,225
$30,225
$27,750
$27,750
$25,200
$25,200
$22,500
$22, 500
$19, 725
$19,725
$16,875
$16,875
$13,828
$13,828
$10,703
$10,703
$7,291
$7,291
$3,797
$3.797
$0
894
PRINCIPAL
FEBRUARY15
$140, 000
$145, 000
$150,000
$160, 000
$165, 000
$170, 000
$180,000
$185, 000
$190, 000
$195,000
$200, 000
$210,000
$215,000
$225,000
TOTAL
REQUIREMENTS
$223, 500
$221, 375
$219, 000
$222,850
$222, 975
$222, 950
$227, 700
$227,225
$226,600
$225,703
$224,531
$227, 994
$226,088
$228,797
$3,147,288
Proceeds from the sale of the Certificates will be used for (i) street improvements, including drainage, landscaping,
curbs, gutters, sidewalks, entryways, signage, lighting and traffic signalization incident thereto and the acquisition of
land and rights -of -way therefor and (ii) professional services rendered in relation to such projects and the financing
thereof.
3-17
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE)
REVENUE CERTIFICATES OF OBLIGATION, SERIES 2016
(MIDTOWN DEVELOPMENT)
DATED:
January 12, 2016
ORIGINAL AMOUNT:
$16,450,000
INTEREST RATES:
BOND YEARS 2016-2041 @2.000% - 4.000%
PAYING AGENT:
U.S. BANK
OPTION DATE:
August 15, 2026
YEAR
COUPON
INTEREST
PRINCIPAL
AUGUST 15
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
2022
3.000%
$222,594
$222,594
$550,000
$995,188
2023
4.000%
$214,344
$214,344
$570,000
$998,688
2024
2.250%
$202,944
$202,944
$590,000
$995,888
2025
3.000%
$196,306
$196,306
$605,000
$997,613
2026
3.000%
$187,231
$187,231
$620,000
$994,463
2027
3.000%
$177,931
$177,931
$640,000
$995,863
2028
3.000%
$168,331
$168,331
$660,000
$996,663
2029
3.000%
$158,431
$158,431
$680,000
$996,863
2030
3.000%
$148,231
$148,231
$700,000
$996,463
2031
3.000%
$137,731
$137,731
$720,000
$995,463
2032
3.000%
$126,931
$126,931
$745,000
$998,863
2033
3.000%
$115,756
$115,756
$765,000
$996,513
2034
3.000%
$104,281
$104,281
$790,000
$998,563
2035
3.000%
$92,431
$92,431
$810,000
$994,863
2036
3.125%
$80,281
$80,281
$835,000
$995,563
2037
3.125%
$67,234
$67,234
$865,000
$999,469
2038
3.125%
$53,719
$53,719
$890,000
$997,438
2039
3.250%
$39,813
$39,813
$920,000
$999,625
2040
3.250%
$24,863
$24,863
$950,000
$999,725
2041*
3.250%
$9,425
$0
$580,000
$589,425
TOTAL
$2,528,809
$2,519,384
$14,485,000
$19,533,194
Proceeds from the sale of the Certificates will be used for (i) public infrastructure including demolishing dangerous
structures, streets, street improvements, water and wastewater, drainage, curbs, gutters, sidewalks, entryways,
signage, lighting, traffic signalization and other public improvements thereto and the acquisition of land and rights -of -
way therefor and (ii) professional services rendered in relation to such projects and the financing thereof.
* In 2041, Principal payment and final maturity is February 15, 2041.
3-18
Taxable (Self Supporting) G.O. Debt
Composition of Debt Service
$800,000
Interest Principal
$700,000 1 E
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
2022 2024
Fiscal Year
DEBT SERVICE REQUIREMENTS
SUMMARY OF TAXABLE (SELF SUPPORTING) G.O. DEBT
YEAR
INTEREST
PRINCIPAL
REQUIREMENTS
2022
$110,020
$600,000
$710,020
2023
$86,020
$620,000
$706,020
2024
$58, 740
$650, 000
$708, 740
2025
$30,140
$685,000
$715,140
TOTAL
$284,920
$2,555,000
$2,839,920
G.O. - General Obligation
3-19
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAXABLE GENERAL OBLIGATION REFUNDING BONDS SERIES 2010
DATED:
AUGUST 15, 2010
ORIGINAL AMOUNT:
$8,110,000
INTEREST RATES:
2011 - 2025, RATES VARY FROM .680% TO 4.400%
PAYING AGENT:
U.S. BANK
OPTION DATE:
August 1, 2021
YEAR
COUPON
INTEREST
PRINCIPAL
AUGUST 1
TOTAL
REQUIREMENTS
FEBRUARY 1
AUGUST 1
2022
4.000%
$55 010
$55,010
$600,000
$710,020
2023
4.400%
$43,010
$43,010
$620,000
$706,020
2024
4.400%
$29,370
$29,370
$650,000
$708,740
2025
4.400%
$15,070
$15,070
$685,000
$715140
TOTAL
$142,460
$142,460
$2,565,000
$2,839,920
Proceeds from the sale of the Certificates were used to purchase a community ice skating recreation facility and to
pay the costs associated with the issuance of the Certificates. The Certificates constitute direct obligations of the
City, payable from a combination of (i) the levy and collection of a direct and continuing ad valorem tax levied on all
taxable property within the City, within the limits prescribed by law, and (ii) a limited pledge (not to exceed $1,000)
of the Net revenues of the City's combined Waterworks and Sewer System as provided in the Ordinance. The
facility is operated by the Dallas Stars; rental payments received from the operator are used to fund this self-
supporting debt.
3-20
Golf G.O. Refunding Debt
Composition of Debt Service
$soo,000
$600,000
$400,000
$ 200,000
$0
2022
PRINCIPAL (INTEREST
2024 2026
Fiscal Year
DEBT SERVICE REQUIREMENTS
SUMMARY OF GOLF G.O. REFUNDING DEBT
YEAR
INTEREST
PRINCIPAL
REQUIREMENTS
2022
$71,275
$520,000
$591,275
2023
$60,444
$530,000
$590,444
2024
$48,738
$540,000
$588,738
2025
$36,072
$555,000
$591,072
2026
$22,419
$565,000
$587,419
2027
$7,678
$585,000
$592,678
TOTAL
$246,625
$3,295,000
$3,541,625
These bonds were originally issued as C. O. bonds paid from the surplus revenues of each function.
Therefore, they are presented separately from other G.O. and C.O. Bonds.
G.O. - General Obligation
C.O. - Certificates of Obligation
3-21
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012A-GOLF
DATED:
November 1, 2012
ORIGINAL AMOUNT:
$7,185,000
INTEREST RATES:
BOND YEAR 2013-2014 @ 2.00%, 2015-2016 @ 4.000%, 2017-2018 @
2.000%, 2019-2021 @ 3.000%, 2022 @ 2.000%, 2023 @ 2.125%, 2024 @
2.250%, 2025 @ 2.375%, 2026 @ 2.500%, 2027 @ 2.625%
PAYING AGENT:
U.S. BANK
OPTION DATE:
FEBRUARY 15, 2022
YEAR
COUPON
INTEREST
PRINCIPAL
FEBRUARY 15
TOTAL
REQUIREMENTS
FEBRUARY 15
AUGUST 15
2022
2.000%
$38,238
$33,038
$520,000
$591,275
2023
2.125%
$33,038
$27,406
$530,000
$590,444
2024
2.250%
$27,406
$21,331
$540,000
$588,738
2025
2.375%
$21,331
$14,741
$555,000
$591,072
2026
2.500%
$14,741
$7,678
$565,000
$587,419
2027
2.625%
$7,678
$0
$585,000
$592,678
TOTAL
$142,431
$104,194
$3,295,000
$3,541,625
Proceeds from the sale of the Bonds were used to (i) advance refund a portion of the City's outstanding
debt in order to lower the overall debt service requirements of the City and (ii) to pay the costs associated
with the issuance of the bonds.
AVERAGE ANNUAL DEBT OUTSTANDING
$590,271
3-22
Water & Wastewater Revenue Debt
Composition of Debt Service
$1,300,000 1
j1"'"uPRINCIPAL !INTEREST
$1,100,000
$1,000,000
$900,000 I f
$800:000
$700000 I
$600,000
$500,000
$400,000
I ( I
$300,000
$200,000 ; 1
$100,000 -
$0
2022 2025 2028 2031 2034 2037 2040 2043 2046 2049
Fiscal Year
DEBT SERVICE REQUIREMENTS
SUMMARY OF WATER AND WASTEWATER SYSTEM REVENUE DEBT
YEAR
INTEREST
PRINCIPAL
REQUIREMENTS
2022
$263,393
$945,000
$1,208,393
2023
$254,746
$960,000
$1,214,746
2024
$244,786
$965,000
$1,209,786
2025
$233,658
$840,000
$1,073,658
2026
$224,201
$845,000
$1,069,201
2027
$213,835
$860,000
$1,073,835
2028
$201,924
$870,000
$1,071,924
2029
$189,096
$885,000
$1,074,096
2030
$175,181
$900,000
$1, 075,181
2031
$159,672
$915,000
$1,074,672
2032
$143,190
$940,000
$1,083,190
2033
$125,675
$950,000
$1,075,675
2034
$107,371
$840,000
$947,371
2035
$94,407
$860,000
$954,407
2036
$80,758
$460,000
$540,758
2037
$74,444
$465,000
$539,444
2038
$67,826
$470,000
$537,826
2039
$60,949
$320,000
$380,949
2040
$56,181
$325,000
$381,181
2041
$51,208
$330,000
$381,208
2042
$46,060
$335,000
$381,060
2043
$40,767
$340,000
$380,767
2044
$35,327
$345,000
$380,327
2045
$29,773
$350,000
$379,773
2046
$24,103
$355,000
$379,103
2047
$18,316
$365,000
$383,316
2048
$12,330
$370,000
$382,330
2049
$6,225
$375,000
$381,225
TOTAL
$3,235,397
$17,780,000
$21,015,397
AVERAGE ANNUAL PRINCIPAL AND INTEREST OUTSTANDING $750,550
3-23
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS,
SERIES 2012
DATED:
March 29, 2012
ORIGINAL AMOUNT:
$3,340,000
INTEREST RATES:
BOND YEAR 2012-2024 @ 2.030%
PAYING AGENT:
BANK OF TEXAS
OPTION DATE:
N/A
YEAR
COUPON
INTEREST
PRINCIPAL
JULY 15
TOTAL
REQUIREMENTS
JANUARY 15
JULY 15
2022
2.030%
$4,111
$4,111
$130,000
$138,222
2023
2.030%
$2 791
$2,791
$140,000
$145 582
2024
2.030%
$1,370
$1,370
$135,000
$137 740
TOTAL
$8,272
$8,272
$405,000
$421,544
Proceeds from the sale of the Bonds were used to (i) advance refund a portion of the City's outstanding Water
and Wastewater System debt in order to lower the overall debt service requirements of the Water and Sewer
fund and (ii) to pay the costs associated with the issuance of the Bonds.
3-24
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2013
DATED:
June 25, 2013
ORIGINAL AMOUNT:
$1,585,000
INTEREST RATES:
BOND YEAR 2012-2033 @ 2.00% - 5.00%
PAYING AGENT:
U. S. BANK
OPTION DATE:
July 25, 2023
YEAR
COUPON
INTEREST
PRINCIPAL
JULY 15
TOTAL
REQUIREMENTS
JANUARY 15
JULY 15
2022
3.625%
$24,153
$24,153
$70,000
$118,306
2023
3.625%
$22,884
$22,884
$75,000
$120,769
2024
4.000%
$21,525
$21,525
$75,000
$118,050
2025
4.000%
$20,025
$20,025
$80,000
$120,050
2026
4.000%
$18,425
$18,425
$80,000
$116,850
2027
4.500%
$16,825
$16,825
$85,000
$118,650
2028
4.500%
$14,913
$14,913
$90,000
$119,825
2029
4.500%
$12,888
$12,888
$95,000
$120,775
2030
5.000%
$10,750
$10,750
$100,000
$121,500
2031
5.000%
$8,250
$8,250
$105,000
$121,500
2032
5.000%
$5,625
$5,625
$110,000
$121,250
2033
5.000%
$2,875
$2,875
$115,000
$120,750
TOTAL
$179,138
$179,138
$1,080,000
$1,438,275
Proceeds from the sale of the Bonds will be used for (i) the construction, acquisition, purchase,
renovation, enlargement, equipment and improvement of waterworks and sewer system properties
and facilities, including the acquisition of land and rights -of -way therefor, and (ii) paying the costs
associated with the issuance of the Bonds.
3-25
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2015A Meters
DATED:
June 15, 2015
ORIGINAL AMOUNT:
$4,685,000
INTEREST RATES:
BOND YEARS 2019-2035 @ 0% - 1.98%
PAYING AGENT:
Texas Water Development Board
OPTION DATE:
N/A
YEAR
COUPON
INTEREST
PRINCIPAL
JULY 15
TOTAL
REQUIREMENTS
JANUARY 15
JULY 15
2022
0.800%
$26,191
$26,191
$220,000
$272,383
2023
0.960%
$25,311
$25,311
$220,000
$270,623
2024
1.120%
$24,255
$24,255
$225,000
$273,511
2025
1.250%
$22,995
$22,995
$225,000
$270,991
2026
1.390%
$21,589
$21,589
$230,000
$273,178
2027
1.500%
$19,991
$19,991
$235,000
$274,981
2028
1.590%
$18,228
$18,228
$235,000
$271,456
2029
1.670%
$16,360
$16,360
$240,000
$272,720
2030
1.740%
$14,356
$14,356
$245,000
$273,712
2031
1.800%
$12,224
$12,224
$250,000
$274,449
2032
1.850%
$9,974
$9,974
$255,000
$274,949
2033
1.900%
$7,616
$7,616
$260,000
$275,231
2034
1.940%
$5,146
$5,146
$260, 000
$2701291
2035
1.980%
$2,624
$2,624
$265,000
$270,247
TOTAL
$226,859 1$226,859
$3,365,000
$3,818,718
Proceeds from the sale of the Bonds will be used for (i) the construction, acquisition, purchase,
renovation, enlargement, equipment and improvement of waterworks and sewer system
properties and facilities, including the acquisition of land and rights -of -way therefor, and (ii)
paying the costs associated with the issuance of the Bonds.
RK-1
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2015E Reclaimed Water System)
DATED:
June 15, 2015
ORIGINAL AMOUNT:
$2,380,000
INTEREST RATES:
BOND YEARS 2020-2035 @ 0% -1.68%
PAYING AGENT:
Texas Water Development Board
OPTION DATE:
N/A
YEAR
COUPON
INTEREST
PRINCIPAL
JULY 15
TOTAL
REQUIREMENTS
JANUARY 15
JULY 15
2022
0.500%
$11,145
$11,145
$120,000
$142,290
2023
0.660%
$10,845
$10,845
$120,000
$141,690
2024
0.820%
$10, 449
$10,449
$120,000
$1401898
2025
0.950%
$9,957
$9,957
$120,000
$139,914
2026
1.090%
$9,387
$9,387
$120,000
$138,774
2027
1.200%
$8,733
$8,733
$125,000
$142,466
2028
1.290%
$7,983
$7,983
$125,000
$140,966
2029
1.370%
$7,177
$7,177
$125,000
$139,353
2030
1.440%
$6,320
$6,320
$130,000
$142,641
2031
1.500%
$5,384
$5,384
$130,000
$140,769
2032
1.550%
$4,409
$4,409
$135,000
$143,819
2033
1.600%
$3, 363
$3, 363
$135,000
$141, 726
2034
1.640%
$2,283
$2,283
$135,000
$139,566
2035
1.680%
$1,176
$1,176
$140,000
$142,352
TOTAL
1
$98,610
$98,610
$1,780,000
$1,977,219
Proceeds from the sale of the Bonds will be used for (i) the construction, acquisition,
purchase, renovation, enlargement, equipment and improvement of waterworks and sewer
system properties and facilities, including the acquisition of land and rights -of -way therefor, and
(ii) paying the costs associated with the issuance of the Bonds.
3-27
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2018
DATED:
Aril 15, 2018
ORIGINAL AMOUNT:
$2,785,000
INTEREST RATES:
BOND YEARS 2018-2038 @ 0% -1.49%
PAYING AGENT:
Texas Water Development Board
OPTION DATE:
N/A
YEAR
COUPON
INTEREST
PRINCIPAL
JULY 15
TOTAL
REQUIREMENTS
JANUARY 15
JULY 15
2022
0.240%
$12,862
$12,862
$130,000
$155,723
2023
0.410%
$12,706
$12,706
$130,000
$155,411
2024
0.540%
$12,439
$12,439
$135,000
$159,878
2025
0.670%
$12,075
$12,075
$135,000
$159,149
2026
0.810%
$11,622
$11,622
$135,000
$158,245
2027
0.940%
$11,076
$11,076
$135,000
$157,151
2028
1.020%
$10,441
$10,441
$135,000
$155, 882
2029
1.110%
$9,753
$9,753
$140,000
$159,505
2030
1.170%
$8,976
$8,976
$140,000
$157,951
2031
1.220%
$8,157
$8,157
$140,000
$156, 313
2032
1.270%
$7,303
$7,303
$145,000
$159,605
2033
1.320%
$6,382
$6,382
$145,000
$157,764
2034
1.370%
$5,425
$5,425
$145,000
$155,850
2035
1.410%
$4,432
$4,432
$150,000
$158,863
2036
1.440%
$3,374
$3,374
$150,000
$156,748
2037
1.470%
$2,294
$2,294
$155,000
$159,588
2038
1.4900Y(
$1,155
$1,155
$155,000
$157,310
TOTAL
$140,467
$140,467
$2,400,000
$2,680,934
Proceeds from the sale of the Bonds will be used for (i) the construction, acquisition,
purchase, renovation, enlargement, equipment and improvement of waterworks and sewer
system properties and facilities, including the acquisition of land and rights -of -way therefor, and
(ii) paying the costs associated with the issuance of the Bonds.
3-28
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2019
DATED:
Aril 25, 2019
ORIGINAL AMOUNT:
$9,275,000
INTEREST RATES:
BOND YEARS 2020-2049 @ 0.23% -1.66%
PAYING AGENT:
Texas Water Development Board
OPTION DATE:
N/A
YEAR
COUPON
INTEREST
PRINCIPAL
JULY 15
TOTAL
REQUIREMENTS
JANUARY 15
JULY 15
2022
0.290%
$53,235
$53,235
$275,000
$381,470
2023
0.350%
$52,836
$52,836
$275,000
$380,673
2024
0.420%
$52,355
$52,355
$275,000
$379,710
2025
0.500%
$51,778
$51,778
$280,000
$383,555
2026
0.560%
$51,078
$51,078
$280,000
$382,155
2027
0.640%
$50,294
$50,294
$280,000
$380,587
2028
0.720%
$49,398
$49,398
$285,000
$383,795
2029
0.830%
$48,372
$48,372
$285,000
$381,743
2030
0.960%
$47,189
$47,189
$285,000
$379,378
2031
1.060%
$45, 821
$45, 821
$290, 000
$381, 642
2032
1.140%
$44,284
$44,284
$295,000
$383,568
2033
1.200%
$42,602
$42,602
$295,000
$380,205
2034
1.240%
$40,832
$40,832
$300,000
$381,665
2035
1.290%
$38,972
$38,972
$305,000
$382,945
2036
1.340%
$37,005
$37,005
$310,000
$384,010
2037
1.400%
$34,928
$34,928
$310,000
$379,856
2038
1.450%
$32,758
$32,758
$315,000
$380,516
2039
1.490%
$30,474
$30,474
$320,000
$380,949
2040
1.530%
$28,090
$28,090
$325,000
$381,181
2041
1.560%
$25,604
$25,604
$330,000
$381,208
2042
1.580%
$23,030
$23,030
$335,000
$381,060
2043
1.600%
$20,384
$20,384
$340,000
$380,767
2044
1.610%
$17,664
$17,664
$345,000
$380,327
2045
1.620%
$14,886
$14,886
$350,000
$379,773
2046
1.630%
$12,051
$12,051
$355,000
$379,103
2047
1.640%
$9,158
$9,158
$365,000
$383,316
2048
1.650%
$6,165
$6,165
$370,000 1
$382,330
2049
1.660%
$3,113
$3,113
$375,000
$381,225
TOTAL
$964,363
$964,353
$8,760,000
$10,678,707
Proceeds from the sale of the Bonds will provide funds for Capital Improvement Project WT1802
Well Replacement - Fuller / Far North.
3-29
$500,000
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
$150, 000
$100,000
$50,000
Sales Tax Revenue Debt
Composition of Debt Service
iw PRINCIPAL a INTEREST
2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039
Fiscal Year
DEBT SERVICE REQUIREMENTS
SUMMARY OF SALES TAX REVENUE DEBT
YEAR
INTEREST
PRINCIPAL
TOTAL
REQUIREMENTS
2022
$181,125
$220,000
$401,125
2023
$172,975
$225,000
$397,975
2024
$164,625
$230,000
$394,625
2025
$156,075
$245,000
$401,075
2026
$146,975
$250,000
$396,975
2027
$136,975
$260,000
$396,975
2028
$126,575
$270,000
$396,575
2029
$115,775
$280,000
$395,775
2030
$104,575
$295,000
$399,575
2031
$94,875
$300,000
$394,875
2032
$86,100
$310,000
$396,100
2033
$77,000
$320,000
$397,000
2034
$66,450
$330,000
$396,450
2035
$55,600
$340,000
$395,600
2036
$44,400
$355,000
$399,400
2037
$32,700
$365,000
$397,700
2038
$20,650
$380,000
$400,650
2039
$8,100
$270,000
$278,100
TOTAL
$1,791,550
$5,245,000
$7,036,550
MAXIMUM ANNUAL DEBT SERVICE (RESERVE)
AVERAGE ANNUAL DEBT OUTSTANDING
$401,125
$390,919
3-30
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
EULESS DEVELOPMENT CORPORATION, SALES TAX REVENUE
BONDS, SERIES 2018
DATED:
10/15/18
ORIGINAL AMOUNT:
$1,635,000
INTEREST RATE:
YEARS 2020-2025 @ 3.00%, YEARS 2026-2038 @ 4.00%
PAYING AGENT:
U.S. BANK, NATIONAL ASSOCIATION, DALLAS, TEXAS
OPTION DATE:
9/15/2028
YEAR
COUPON
INTEREST
PRINCIPAL
SEPTEMBER 15
TOTAL
REQUIREMENTS
MARCH 15
SEPTEMBER 15
2022
3.00%
$27,575
$27,575
$65,000
$120,150
2023
3.00%
$26,600
$26,600
$65,000
$118,200
2024
3.00%
$25,625
$25,625
$65,000
$116,250
2025
3.00%
$24,650
$24,650
$70,000
$119,300
2026
4.00%
$23,600
$23,600
$70,000
$117,200
2027
4.00%
$22,200
$22,200
$75,000
$119,400
2028
4.00%
$20,700
$20,700
$75,000
$116,400
2029
4.00%
$19,200
$19,200
$80,000
$118,400
2030
4.00%
$17,600
$17,600
$85,000
$120,200
2031
4.00%
$15,900
$15,900
$85,000
$116,800
2032
4.00%
$14,200
$14,200
$90,000
$118,400
2033
4.00%
$12,400
$12,400
$95,000
$119,800
2034
4.00%
$10,500
$10,500
$95,000
$116,000
2035
4.00%
$8,600
$8,600
$100,000
$117,200
2036
4.00%
$6,600
$6,600
$105,000
$118,200
2037
4.00%
$4,500
$4,500
$110,000
$119,000
2038
4.00%
$2,300
$2,300
$115,000
$119,600
TOTAL
$282,750
$282,750
$1,445,000
$2,010,500
Proceeds from the sale of the Bonds will be used to (i) pay contractual obligations of the City to be
incurred for the construction of parks and park facilities, and (ii) pay the costs associated with the
issuance of the Bonds.
3-31
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
EULESS DEVELOPMENT CORPORATION, SALES TAX REVENUE
BONDS, SERIES 2019
DATED:
11 /12/19
ORIGINAL AMOUNT:
$4,120,000
INTEREST RATE:
YEARS 2020-2029 @ 4.00%, 2030 @ 3.00%, YEARS 2031-2032 @2.5%,
YEARS 2033-2039 @ 3.00%
PAYING AGENT:
U.S. BANK, NATIONAL ASSOCIATION, DALLAS, TEXAS
OPTION DATE:
9/15/2030
YEAR
COUPON
INTEREST
PRINCIPAL
SEPTEMBER 15
TOTAL
REQUIREMENTS
MARCH 15
SEPTEMBER 15
2022
4.00%
$62,988
$62,988
$155,000
$280,975
2023
4.00%
$59,888
$59,888
$160,000
$279,775
2024
4.00%
$56,688
$56,688
$165,000
$278,375
2025
4.00%
$53,388
$53,388
$175,000
$281,775
2026
4.00%
$49,888
$49,888
$180,000
$279,775
2027
4.00%
$46,288
$46,288
$185,000
$277,575
2028
4.00%
$42,588
$42,588
$195,000
$280,175
2029
4.00%
$38,688
$38,688
$200,000
$277,375
2030
3.00%
$34,688
$34,688
$210,000
$279,375
2031
2.50%
$31,538
$31,538
$215,000
$278,075
2032
2.50%
$28,850
$28,850
$220,000
$277,700
2033
3.00%
$26,100
$26,100
$225,000
$277,200
2034
3.00%
$22,725
$22,725
$235,000
$280,450
2035
3.00%
$19,200
$19,200
$240,000
$278,400
2036
3.00%
$15,600
$15,600
$250,000
$281,200
2037
3.00%
$11,850
$11,850
$255,000
$278,700
2038
3.00%
$8,025
$8,025
$265,000
$281,050
2039
3.00%
$4,050
$4,050
$270,000
$278,100
TOTAL
$613,025
$613,025
$3,800,000
$5,026,050
Proceeds from the sale of the Bonds will be used to (i) pay contractual obligations of the City to be
incurred for improvements to parks and park facilities located at the Parks at Texas Star, including
softball facilities, and (ii) pay the costs associated with the issuance of the Bonds.
3-32
PERSONNEL 8t INSURANCE
Personnel Counts
Personnel Counts by Fund
Proposed Pay Plan
Proposed Insurance Premiums
Insurance £t Benefits
Risk Et Workers Compensation
Full -Time Personnel Counts
FY 19/20
FY 20121
FY 20/21
FY 21/22
ACTUAL
BUDGETED
ESTIMATED
BUDGETED
CITY ADMINISTRATION
3.50
A
3.00
3.00 G
3.50
CITY SECRETARY
3.50
3.50
3.50
3.50
Total City Administration
7.00
6.50
6.50
7.00
FINANCE/BUDGET
2.00
B
1.50
1.50
1.50
MUNICIPAL COURTS
7.75
7.75
7.75 H
8.25
ACCOUNTING
4,00
D
3.50
3.50
3.50
PURCHASING
1.00
1.00
1.00
1.00
Total Finance
14.75
13.75
13.75
14.25
POLICE CODE COMPLIANCE
16.00
16.00
16.00
16.00
POLICE ADMINISTRATION
7.00
7.00
7.00
7.00
POLICE PATROL
45.00
C
49.00
49.00 F&J
49.00
POLICE CID
13.00
E
14.00
14.00
14.00
POLICE SERVICE
22.00
E
21.00
21.00
21.00
POLICE DETENTION
17.00
17.00
17.00
17.00
Total Police Department
120.00
124.00
124.00
124.00
FIRE MARSHAL/EDUCATION
4.00
4.00
4.00
4.00
FIRE ADMINISTRATION
4.00
4.00
4.00
4.00
EMS/SUPPRESSION
67.00
67.00
67.00 J
70.00
Total Fire Department
75.00
75.00
75.00
78.00
INFORMATION SERVICES
1.00
1.00
1.00
1.00
HUMAN RESOURCES
3.50
3.50
3.50
3.50
FACILITY MAINTENANCE
4.00
4.00
4.00
4.00
Total Administrative Services
8.50
8.50
8.50
8.50
LIBRARY
9.00
9.00
9.00
9.00
Total Library
9.00
9.00
9.00
9.00
PLANNING & DEVELOPMENT
2.50
2.50
2.50
2.50
INSPECTIONS SERVICES
4.00
4.00
4.00
4.00
Total Planning & Development
6.50
6.50
6.50
6.50
RECREATION
5.50
5.50
5.50
5.50
PARKS
11.00
11.00
11.00
11.00
SENIOR CENTER
2.00
2.00
2.00
2.00
RECREATION ADMINISTRATION
1.00
1.00
1.00
1.00
Total Community Services
19.50
19.50
19.50
19.50
STREET MAINTENANCE
11.50
11.50
11.50
11.50
ANIMAL CONTROL
3.00
3.00
3.00
3.00
CITY ENGINEER
1.00
1.00
1.00
1.00
Total Public Works
15.60
15.50
16.50
15.50
TOTAL GENERAL FUND
275.75
278.25
278.25
282.25
EDC - PARKS
13.25
13.25
13.25
13.25
EDC - LIBRARY
10.00
10.00
10.00
10.00
EDC - ECO. DEV.
1.00
1.00
1.00
1.00
TOTAL EDC FUND
24.25
24.25
24.25
24.25
WATER OFFICE
5.00
5.00
5.00
5.00
Total Finance
5.00
5.00
5.00
6.00
W&S ENGINEERING
3.00
3.00
3.00
3.00
WATER PRODUCTION
5.75
5.75
5.75
5.75
WATER DISTRIBUTION
7.25
7.25
7.25 1
8.25
SEWAGE & TREATMENT
8.00
8.00
8.00
8.00
METER SERVICES
1.00
1.00
1.00
1.00
Total Public Works
25.00
25.00
25.00
26.00
INFORMATION SERVICES
4.00
4.00
4.00
4.00
W&S NON-DEPT.
10.00
A, B & D
9.50
9.50 G
10.00
Total Non -departmental
14.00
13.50
13.50
14.00
TOTAL W&S FUND
44.00
43.50
43.60
45.00
GOLF NON DEPARTMENTAL
0.75
0.75
0.75
0.75
GOLF COURSE MAINT.
4.00
4.00
4.00
4.00
GOLF PRO SHOP
2.50
2.50
2.50
2.50
GOLF FOOD AND BEVERAGE
3.00
3.00
3.00
3.00
GOLF CONFERENCE CENTRE
1.50
1.50
1.50
1.50
TOTAL GOLF COURSE FUND
11.75
11.75
11.75
11.75
JUVENILE CASE FUND
1.25
1.25
1.25 H
0.75
CRIME CONTROL FUND
19.00
C
15.00
15.00 F
18.00
SERVICE CENTER FUND
5.00
5.00
5.00
5.00
DRAINAGE UTILITY FUND
8.00
8.00
8.00
8.00
PARKS @ TEXAS STAR
1.50
1.50
1.50
1.50
HEALTH INSURANCE FUND
1.00
1.00
1.00
1.00
WC/RISK MANAGEMENT FUND
0.50
0.50
0.50
0.50
TOTAL OTHER FUNDS
36.25
32.25
32.25
34.75
TOTAL ALL FUNDS
392.00
390.00
390.00
398.00
A) Unfunded Assistant City Manager Position
F) Transferred 3 Police Officers from General Fund to CCPD
B) Unfunded Internal Auditor Position
G) Funded Assistant
City Manager Position
C) Transferred 4 Police Officers from CCPD to General Fund
H) Split Juvenile Case
Clerk between General Fund and Juvenile Case Fund
D) Split Budget/Treasury Manager between General Fund and Water & Wastewater Fund
1) Added 1 Public Works Field Tech in Water & Wastewater Fund
E) Transferred Records Clerk to Come Scene Technician
J) Added 3 Police Officers and 3 Fire Fighter/Paramedics in General Fund
M
PERSONNEL COUNTS BY FUND
FULL-TIME EMPLOYEES
FY20
ACTUAL
FY21
BUDGETED
FY21
ESTIMATED
FY22
FUNDED
GENERAL FUND
275.75
278.25
278.25
282.25
EDC FUND
24.25
24.25
24.25
24.25
WATER & WW FUND
44.00
43.50
43.50
45.00
GOLF COURSE FUND
11.75
11.75
11.75
11.75
JUVENILE CASE FUND
1.25
1.25
1.25
0.75
CRIME CONTROL DISTRICT
19.00
15.00
15.00
18.00
SERVICE CENTER FUND
5.00
5.00
5.00
5.00
DRAINAGE UTILITY
8.00
8.00
8.00
8.00
PARKS AT TEXAS STAR
1.50
1.50
1.50
1.50
HEALTH INSURANCE FUND
1.00
1.00
1.00
1.00
WC/RISK MANAGEMENT FUND
0.50
0.50
0.50
0.50
TOTAL
392.00
390.00
390.00
398.00
PART-TIME EMPLOYEES
GENERAL FUND
49.00
49.00
49.00
49.00
EDC FUND
17.00
17.00
17.00
17.00
WATER & WW FUND
2.00
2.00
2.00
2.00
GOLF COURSE FUND
57.00
57.00
57.00
57.00
SPECIAL RECREATION FUND
3.00
3.00
3.00
3.00
PARKS AT TEXAS STAR
26.00
26.00
26.00
26.00
TOTAL
154.00
154.00
154.00
154.00
:p
PROPOSED PUBLIC SAFETY PAY PLAN
FIRE EFFECTIVE 09-21-2021
POLICE EFFECTIVE 09-23-2021
H.T.E. STEP 1 2 3 4 5 6
Job
Grade Code FLSA Job Title Start Pay EOY 1 EOY 2 EOY 3 EOY 4 Merit Top
510.00 1 20.00 N I PSO $3,836 $4,028 $4,228 $4,441 $4,662 $4,895
$46,0331 $48,3351 $50,7411 $53,2901 $55,9421 $58,738
22.1310 23.2379 24.3945 25.6202 26.8953 28.23-4
520.00 1 21.00 1 N IlDisoatcher 1 $4.3861 $4.6051 $4.8351 $5.0761 $5.3321 $5.597
730.00 1 22.00 1 N (Fire Fiahter
740.00 1 22.01 1 N (Fire Fiahter/Paramedic
550.001 23.00 1 N (Communications
24.UU 1 N F'once urricer
24.03 1 N Fire Inspector I
25. 30391 26.56911 27. 89351 29.28731 30.76001 32.292
$5,357 $5,625 $5,907 $6,202 $6,514 $6,83
$64,289 $67,497 $70,889 $74,425 $78,167 $82,05
22.0169 23.1153 24.2770 25.48801 26.7694 1 28.100
$5,553 $5,821 $6,141 $6,4361 $6,8231 $7,14
$66,642 $69,849 $73,6931 $77,2291 $81,8761 $85,76
22.8224 23.9209 25.23741 26.44841 28 03961 29.370
$5,052 $5,306 $5,570 $5,849 $6,142 $6,44
$60,630 $63,672 $66,839 $70,190 $73,705 $77,38
29.1489 30.6117 32.1340 33.7451 35.4353 37.204
$5,518 $5,781 $6,056 $6,344 $6,649 $6,96
$66,222 $69,368 $72,677 $76,132 $79,791 $83,59
31.8374 33.3498 34.9411 36.60181 m mi 11 40.189
$5,7151 $5,9771 $6,2901 $6,5781 $6,9581 $7,27
$68,5741 $71,7201 $75,4821 $78,9361 $83,5001 $87,30
23.48431 24.56161 25.85001 27.03291 28.59591 29.898
590.00 1 26.01 1 N IFire inspector II
1 $5,961
$6,223
$6,499
$6,787
$7,092
$7,409
$71,5331 $74,678 $77,9881 $81,442185,102 88,904
34.39101 35.90291 37.49431 39.15471 40.91441 42.7425
790.00 1 25.02 1 N IFire Fighter/Driver/Paramedic
$6,1571
$6,4191
$6,7331
$7,0211
$7,4011
$7,718
$73,8851
$77,0301
$80,7921
$84,2461
$88,8111
$92,614
-25.30301
26.38021
27.66851
28.85141
30.41461
31.7172
4-3
Grade Code FLSA
605.00
610.00
PROPOSED PUBLIC SAFETY PAY PLAN
FIRE EFFECTIVE 09-21-2021
POLICE EFFECTIVE 09-23-2021
Job Title Start Pay EOY 1 EOY 2 EOY 3 EOY 4 Merit
N
Police Sergeant
$7,238
$8,600
A
N
Assistant Fire Marshal
$86,858
$103,202
N
I Public Education Officer
41.7585
49.6164
1 820.00 1 26.03 1 N IFire Lieutenant/Paramedic 1 $7A341 1 1 1 1 $8.9091
$89,2091 1 1 1 1 $106,911
30.5512 36.6135
n/Paramedic
650.00
128.00
E
Police Lieutenant
$8,2361
1
1
1
1 $9,656
128.01
E
Technical Services Manager
$98,832
$115,869
128.02
E
lCivilian Service Manager
47.51561
1
1
1 55.7061
26.05
E
I Emergency M mt. Coordinator
670.00 1127.04 1 E I Battalion Chief/EMS Coordinator 1 $8,5521 1 1 1 1 $9,938
02
on
57.3335
1 35.14401 1 ( 1 1 40.8403)
680.00 1130.02 1 E I Police Captain 1 $8,7751 1 1 1 $10,338
P105,2981 1 1 1 1 $124,052
50.62391 1 1 1 1 59.6405
4-4
PROPOSED EXEMPT PAY PLAN
EFFECTIVE 09-23-2021
Hourly, Monthly and Annual Pay Scales
Job
GRADE Code FLSA Job Title Min Mid Max
295
143.16
E
Conference Centre Manager
$3,911
$4,731
$5,552
143.04
E
Asst. Golf Superintendent
$46,934
$56,776
$66,618
143.11
E
First Asst. Golf Pro
22.5645
27.2963
32.0281
305
146.11
E
Seniors Coordinator
$4,051
$4,932
$5,812
146.12
E
Recreation Specialist -Aquatics
$48,609
$59,178
$69,748
146.13
E
Program Rec. Specialists
23.3699
28.4512
33.5325
146.14
E
Athletic Coordinator
146.15
E
Recreation Specialist -Analyst
146.16
E
ISpecial Events Coordinator
146.18
E
Human Resources Generalist I
315
1 149.09
1 E
ISenior Center/Aquatic Supervisor
$4,273
$5,164
1 $6,055
146.10
1 E
I Recreation Center Supervisor
$51,271
$61,967
1 $72,662
24.6496
29.7917
1 34.9339
325
1 145.03
1 E
jAccountant 1
$4,493
$5,439
$6,385
148.00
1 E
Librarian
$53,914
$65,264
$76,614
25.9203
31.3771
36.8339
335
152.01
E
Recreation Superintendent
$4,715
$5,713
$6,712
149.01
E
Human Resources Generalist II
$56,576
$68,559
$80,542
149.02
E
Food and Beverage Manager
27.2001
32.9610
38.7220
149.03
E
Kitchen Manager/Chef
149.08
E
Facilities Supervisor
154.02
E
Park Superintendent
345 1 150.03 1 E ISenior Librarian
$4,935
$5,987
$7,039
$59,219
$71,846
$84,472
28.4707
34.5412
40.6118
355
149.04
E
Deputy City Secretary
$5,157
$6,262
$7,367
150.00
E
Accountant II
$61,881
$75,140
$88,399
151.00
E
Web Designer
29.7505
36.1251
42.4997
365 1 1 E JOPEN
$5,413
$6,555
$7,698
$64,951
$78,662
$92,373
31.2263
37.8181
44.4100
375
145.07
E
Internal Auditor
$5,683
$6,883
$8,083
153.00
E
GIS Manager
$68,196
$82,594
$96,992
153.08
E
Network Manager
32.7867
39.7086
46.6305
150.05
E
Controller
4-5
PROPOSED EXEMPT PAY PLAN
EFFECTIVE 09-23-2021
Hourly, Monthly and Annual Pay Scales
Job
GRADE Code FLSA Job Title Min Mid Max
385
150.07
E
Budget/Treasury Manager
$5,968
$7,228
$8,487
154.08
E
Accounting Manager
$71,615
$86,732
$101,849
151.01
E
Purchasing Manager
34.4303
41.6980
48.9657
154.03
E
SBW/PATS General Manager
154.11
E
Billing Manager
154.12
E
Building Official
154.14
E
Parks Manager
154.16
E
Senior City Planner
154.17
E
Benefits Manager
154.18
E
IRisk Manager
405 1 155.01 1 E ICivil Engineer
1 $6,580
1 $7,969
1 $9,358
$78,960
$95,628
1 $112,297
37.9614
45.9752
1 53.9889
410 1 156.01 1 E ISenior Computer Developer
$6,744
$8,168
$9,592
$80,931
$98,017
$115,103
38.9093
47.1237
55.3381
415 1 157.04 1 E ISenior Civil Engineer
I $6,908 j
$8,367
1 $9,826
$82,902
$100,406
1 $117,910
39.8566
1 48.2720
1 56.6875
4-6
PROPOSED NON-EXEMPT PAY PLAN
EFFECTIVE 09-23-2021
Hourly, Monthly and Annual Pay Scales
Job
GRADE Code FLSA Job Title Min Mid Max
200 1 35.01 1 N Firefighter Trainee
1 $2,550
$2,550
$2,550
$30,600 $30,600 $30,600
14.7116 14.7116 14.7116
210 1 36.03 1 N Library Aide
$2,501
$3,031
$-3,560
$30,018 $36,369 $42,721
14.4316 17.4853 20.5389
220 1 37.03 1 N Library Clerk
$2,678
$3,239
$3,801
$32,134
$38,873
$45,612
15.4489
18.6889
21.9290
230
37.01
N
Parks Field Tech 1
$2,825
$3,396
$3,967
37.02
N
Facility Tech 1
$33,904
$40,762
$47,600
37.05
N
Public Works Field Tech 1
16.3000
19.5922
22.8844
240
38.01
N
Police Records Clerk
$2,974
$3,595
$4,215
38.03
N
Utility Billing Clerk
$35,690
$43,134
$60,679
39.00
N
Parks Field Tech II
17.1589
20.7377
24.3166
39.01
N
Animal Control Officer 1
39.04
N
Receptionist
39.05
N
1 Facility Tech II
39.06
N
Public Works Field Tech 11
39.11
N
Golf Course Field Tech II
39.12
N
Asst. F& B Mgr.
250
39.08
N
Court Clerk
$3,123
$3,752
$4,381
40.01
N
Animal Control Officer II
$37,477
$46,022
$52,567
40.04
N
Office Tech
18.0177
21.6452
25.2726
40.05
N
Mechanic 1
40.07
N
Secretary
42.02
N
1 Recreation Assistant
270
$38,012 1 $45,893 $63,774
18.2749 1 22.0639 25.8528
39.10
N
Juvenile Case Clerk
$3,421
$4,147
$4,873
42.06
N
Emr Mgt/Special Pro' Assistant
$41,063
$49,766
$58,479
42.07
N
HR Specialist - Recruiter
19.7369
23.9259
28.1149
280
41.01
N
Administrative Secretary
$3,570
$4,347
$5,123
43.01
N
Administrative Assistant
$42,840
$52,160
$61,480
1
43.02
N
Librarian Assistant
20.5959
25.0767
29.5575
43.04
N
Admin Asst./Analyst
43.03
N
Equipment Operator
43.07
N
Mechanic II
43.08
N
Parks Field Tech III
43.10
N
Facility Tech III
4-7
PROPOSED NON-EXEMPT PAY PLAN
EFFECTIVE 09-23-2021
Hourly, Monthly and Annual Pay Scales
Job
GRADE Code FLSA Job Title Min Mid Max
280
43.11
N
Public Works Field Tech III
43.13
N
ISignal Technician 1
40.30
N
ICrime Scene Technician
290
43.09
N
Executive Secretary
$3,943
$4,773
$5,604
45.00
N
Inspector 1
$47,310
$67,278
$67,246
45.01
N
Mechanic III
22.7454
27.5375
32.3297
45.04
N
Crew Leader
300
43.06
N
Animal Control Supervisor
$4,090
$4,979
$5,868
46.04
N
Police Records Supervisor
$49,078
$69,748
$70,417
46.08
N
Computer Support Specialist
23.5951
28.7248
33.8544
46.09
N
Chief Mechanic
46.10
N
Municipal Court Supervisor
310 1 47.01 1 N lWater Quality Specialist $4,177 $5,049 $5,920
$50,130 $60,587 $71,046
24.1009 1 29.1285 1 34.1562
320
48.01
N
Foreman
$4,537
$5,491
$6,446
48.02
N
Inspector II
$64,440
$66,894
$77,349
48.04
N
Signal Tech II
26.1732
31.6800
37.1868
48.05
N
Eng./PW Technical Specialist
49.00
N
Bailiff/Warrant Officer
340
$4,759 $5,767 _ $6,775
$57,102 $69,200 $81,297
27.4530 33.2691 39.0851
48.03
N
Computer Support Spec II
$4,982
$6,045
$7,108
50.02
N
Inspector III
$59,783
$72,538
$85,292
50.03
N
Engineer Technician
28.7420
34.8739
41.0058
350 1 51.02 1 N (Senior Inspector
$5,205
$6,321
$7,437
$62,466
$75,854
$89,244
30.0311
36.4684
42.9058
$5,464
$6,618
$7,771
$66,673
1 $79,416
$93,267
31.5253
1 38.1801
44.8350
4-8
PROPOSED NON-EXEMPT PAY PLAN for employees hired before 09-24-2020
EFFECTIVE 09-23-2021
Hourly, Monthly and Annual Pay Scales
H.T.E. STEP 1 2 3 4 5 5
Job Start End Merit
GRADE Code FLSA Job Title Pay Prob. EOY 1 EOY 2 EOY 3 Top
210 1 36.03 1 N Library Aide $2,779 1 $2,877 1 $2,977 1 $3,082 1 $3,189 1 $3,560
$33,363 1 $34,520 1 $35,729 1 $36,979 1 $38,273 1 $42,721
16.03521 16.59641 17.17731 17.77851 18.40071 20.5389
220 1 36.02 N Facilities Attendant $2,975 $3,080 $3,186 $3,299 $3,412 $3,801
37.03 N Library Clerk $36,704 $36,958 $38,231 $39,692 $40,950 $45,614
17.1654 17.7685 18.3802 19.0347 19.6874 21.9299
230
37.01
N
Parks Field Tech 1
$3,139
$3,249
$3,362
$3,481
$3,602
$3,967
37.02
N
Facility Tech 1
$37,671
$38,986
$40,347
$41,773
$43,220
$47,599
37.05
N
Public Works Field Tech 1
18.1111
18.7435
19.3978
20.0831
20.7788
22.8844
37.06
N
Rec/Aquatic Facility Tech I
240
38.01
N
Police Records Clerk
$3,305
$3,422
$3,539
$3,663
$3,792
$4,215
38.03
N
Utility Billing Clerk
$39,666
$41,060
$42,464
$43,954
$45,608
$50,579
39.00
N
Parks Field Tech II
19.0654
19.7404
20.4155
21.1316
21.8786
24.3166
39.01
N
Animal Control Officer 1
39.04
N
Receptionist
39.05
1 N
I Facility Tech II
39.06
N
Public Works Field Tech II
39.11
N
Golf Course Field Tech II
39.12
N
jAsst. F& B Mgr.
260
39.08
N
Court Clerk
$3,470
$3,592
$3,718
$3,848
$3,981
$4,381
40.01
N
Animal Control Officer II
$41,641
$43,109
$44,620
1$46,174
$47,774
,667
40.04
N
Office Tech
20.0197
20.7256
21.4521
22.1990
22.9683
!2E5.2727
40.05
N
Mechanic I
40.07
N
Secretary
260 1 1 N JOPEN $3,520 $3,643 $3,772 $3,903 $4,039 $4,481
$42,236 $43,720 $45,266 $46,833 $48,466 $53,774
20.3055 21.0191 21.7625 22.5158 23.3008 25.8528
270
42.03
N
Nursery Specialist
1 $3,801
1 $3,934
$4,071
1 $4,215
1 $4,361
$4,873
39.10
N
Juvenile Case Clerk
$45,614
$47,211
$48,854
$50,579
$52,328
$588
42.02
N
Recreation Assistant
21.9299
22.6976
23.4874
24.3166
25.1579
28.1149
280
41.01
N
Administrative Secretary
$3,967
$4,105
$4,249
$4,397
$4,551
$5,123
43.01
N
Administrative Assistant
$47,699
$49,264
$50,988
$62,760
$54,616
$61,480
43.02
N
Librarian Assistant
22.8844
23.6844
24.5136
25.3652
26.2577
29.5575
43.04
N
Admin Asst./Analyst
43.03
N
Equipment Operator
43.07
N
Mechanic II
43.08
N
Parks Field Tech III
43.10
N
Facility Tech III
43.11
N
Public Works Field Tech III
43.12
N
Urban Forester
43.13
N
ISignal Technician I
4-9
PROPOSED NON-EXEMPT PAY PLAN for employees hired before 09-24-2020
EFFECTIVE 09-23-2021
Hourly. Monthly and Annual Pav Scales
H.T.E. STEP 1 2 3 4 5 5
Job Start End Merit
GRADE Code FLSA Job Title Pay Prob. EOY 1 EOY 2 EOY 3 Top
281
1 41.02
1 N
lCirculation Supervisor
$4,174
$4,321
$4,472
$4,629
$4,791
$5,372
$60,083
1 $61,864
$53,665
$55,543
$57,488
$64,459
24.07861
24.9300
25.8003
26.70321
27.6387
30.9899
290
42.00
N
Technical Specialist
$4,381
$4,533
$4,694
$4,857
$5,026
$5,604
42.05
N
Graphics Artist
$52,567
$54,399
$66,323
$58,287
$60,314
$67,246
43.09
N
Executive Secretary
25.2727
26.1533
27.07841
28.0224
28.9972
32.3297
45.00
N
Inspector 1
45.01
N
Mechanic III
45.04
1 N
ICrew Leader
300
43.06
N
Animal Control Supervisor
$4,544
$4,703
$4,868
$5,039
$5,215
$5,868
46.04
N
Police Records Supervisor
$54,631
$66,430
$58,415
$60,468
$62,581
$70,417
46.08
N
Computer Support Specialist
26.2168
27.1299
28.08421
29.0711
30.0870
33.8544
46.09
N
Chief Mechanic
46.10
N
Municipal Court Supervisor
310 47.00 N Open $4,642 $4,802 $4,969 $5,143 $5,323 $5,920
47.01 N Water Quality Specialist $55,700 $57,622 $69,631 $61,719 $63,873 $71,045
26.7787 27.7030 28.6686 29.6726 30.7080 34.1562
320
48.01
N
Foreman
$5,041
$5,217
$5,399
$5,587
$5,784
$6,446
48.02
N
Inspector II
$60,489
$62,603
$64,783
$67,050
$69,406
$77,349
48.04
N
Signal Tech II
29.0813
30.0974
31.14581
32.2356
33.3679
37.1868
48.05
N
Eng./PW Technical Specialist
49.00
N
Bailiff/Warrant Officer
330 1 1 N 10PEN $5,287 $5,473 $5,665 $5,861 $6,068 $6,775
$63,447 $65,671 $67,980 $70,332 $72,816 !39.0851
81,297
30.5034 31.5724 32.6826 33.8133 35.0076
340
48.03
N
Computer Support Spec II
$5,536
$5,730
$5,931 1
$6,138
$6,352
$7,108
50.02
N
linspector III
$66,426
$68,757
$71,173 1
$73,657
$76,226
$85,292
50.03
N
Engineering Technician
31.9356
33.0561
34.2177
35.4120
36.6471
41.0058
4-10
City of Euless
2021-22 Proposed
Employee Insurance Premiums Per Month
MEDICAL/RX
2020-21 Actual
2021-22 Proposed
Increase / Decrease
Employee Only
$188.78
$192.54
$3.76
Employee + Children
$358.66
$365.82
$7.16
Employee + Spouse
$434.18
$442.82
$8.64
,Employee + Family
$547.44
$558.34
$10.90
DENTAL
2020-21 Actual
2021-22 Proposed
Increase / Decrease
Employee Only
$9.52
$9.64
$0.12
Employee + Children
$18.06
$18.30
$0.24
Employee + Spouse
$21.86
$22.14
$0.28
,Employee + Family
$27.58
$27.94
$0.36
Total Premium
2020-21 Actual
2021-22 Proposed
Increase / Decrease
Employee Only
$198.30
$202.18
$3.88
Employee + Children
$376.72
- _ $384.12
$7.40
Employee + Spouse
$456.04
$464.96
$8.92
,Employee + Family
$575.02
$586.28
$11.26
4-11
Insurance & Benefits
FY2021-22
FY2022 Proposed Revenues:
City Contribution
For Employees and Dependents $ 5,790,364
Employee Contribution
Employee/Retiree Contribution $ 1,787,586
Interest Income $ 10,000
Total Operating Revenues
$ 7,587,950
FY2022 Proposed Expenses:
Operating Expenses
Operations
$
216,213
Claims
$
4,556,873
Prescription Claims
$
955,549
Re -Insurance Fee
$
940,991
Insurance Services
$
223,367
Wellness Programs
$
5,000
OPEB Trust Contribution
$
679,957
Total Operating Expenses
$ 7,577,950
Capital / One -Time Expenses
Capital / One -Time
$
37,925
Total Capital / One -Time Expenses
FY2022 Proposed Budget
Reserves - Health
FY2012
$
2,688,329
FY2013
$
2,646,829
FY2014
$
2,516,262
FY2015
$
3,322,129
FY2016
$
2,767,051
FY2017
$
2,492,157
FY2018
$
3,947,017
FY2019
$
4,657,309
FY2020
$
5,680,312
FY2021 (estimated)
$
5,708,389
FY2022 (projected)
$
5,680,464
Goal $ 2,126,956
$ 37,925
$ 7,615,875
MM
Risk Management & Workers' Comp
FY2021-22
FY2022 Proposed Revenues:
Transfers
General $ 302,250
Water & Wastewater $ 302,250
Interest Income $ 1,200
Charges
Workers' Comp $ 513,480
Employee Assistance $ 9,809
Total Operating Revenues $ 1,128,989
FY2022 Proposed Expenses:
Operating Expenses
Risk Management $ 662,131
Worker's Compensation $ 466,537
Total Operating Expenses $ 1,128,668
Capital / One -Time Expenses
Capital / One -Time Expenses $ 2,261
Total Capital / One -Time Expenses $ 2,261
FY2022 Proposed Budget $ 1,130,929
Reserves
FY2012
$ 1,167,779
FY2013
$ 1,349,150
FY2014
$ 1,408,323
FY2015
$ 1,378,778
FY2016
$ 1,992,931
FY2017
$ 2,116,376
FY2018
$ 2,187,793
FY2019
$ 1, 949,186
FY2020
$ 2,161, 658
FY2021 (estimated)
$ 1,978,519
FY2022 (projected)
$ 1,976,579
Goal $ 600,000
4-13
HISTORICAL a COMPARISON DATA
Monthly Service Charges Et Key Fiscal Points
Population Growth in Euless
General Fund Multi -Year Analysis
General Fund Revenue Assumptions
Property Tax Revenues
Tax Rate Et Exemptions Comparisons
Tax Rate Impact
Water / Wastewater Fund Revenue Assumptions
Utility Rate History
Sanitation and Recycling Comparison of Service Rates
Drainage Utility Charge Comparison
Comparative Rates, Water Et Wastewater -Other Cities
Impact of Water Et Wastewater Rate Increase
Utility Bill Comparison
Water
FY22 $12.75 Base
Prop Tiered Rates/tgals
0-2 tgals - $4.21
3-8 tgals - $5.14
9-15 tgals - $5.71
16-35 tgals - $6.24
Over 35 tgals - $6.84
FY21 $12.75 Base
Tiered Rates/tgals
0-2 tgals - $4.21
3-8 tgals - $5.14
9-15 tgals - $5.71
16-35 tgals - $6.24
Over 35 tgals - $6.84
Residential Monthly Service Charges
Wastewater
$11.00+90% of metered water
usage @ $4.34 per tgals.
$11.00+90% of metered water
usage @ $4.34 per tgals.
Ej
Trash Drainage Recycling
*$1.54 per home
$10.74* $3.00 $3.27 per home -cart
$1.10 per apt. unit
$.77 for Seniors
$2.50 for Seniors home -
cart
$10.43 $2.75
FY20 $12.75 Base $11.00+90% of metered water
Tiered Rates/tgals usage @ $4.29 per tgals. $10.12 $2.75
0-2 tgals - $4.07
3-8 tgals - $5.00
9-15 tgals - $5.57
16-35 tgals - $6.10
Over 35 tgals - $6.70
*Effective for customer billings beginning April 1, 2022 through March 31, 2023.
Operating Expenses
Capital/One-Time Exp.
Tax Rate
Taxable Valuation
Debt Rating:
Moody's
S&P
General Fund
Key Fiscal Points
$1.49 per home
$3.16 per home -cart
$1.09 per apt. unit
$.74 for Seniors
$2.41 for Seniors home -
cart
$1.44 per home
$3.05 per home -cart
$1.07 per apt. unit
$.72 for Seniors
$2.33 for Seniors home -
cart
Proposed
% Change
Budget
% Change
Actual
FY22
FY21
FY20
$45,354,585
9.8%
$41,320,647
8.9%
$37,954,004
$ 4,423,783
30.1%
$ 3,399,397
8%
$ 3,147,039
.47500 per $100
2.7%
.462500 per $100
0%
.462500 per $100
Debt = .072112
Debt = .080546
Debt = .084526
M&O = .402888
M&O = .381954
M&O = .377974
$5,306,690,383
2.7%
$5,164,250,293
4.6%
$4,935,735,786
G.O. = Aa2
W&S = Aa2
Drainage = Al
Sales Tax = Al
G.O. = AA
W&S=AA+
Drainage = AA+
G.O. = Aa2
W&S = Aa2
Drainage = Al
Sales Tax = Al
G.O. = AA
W&S=AA+
Drainage = AA+
G.O. = Aa2
W&S = Aa2
Drainage = Al
Sales Tax = Al
G.O. = AA
W&S=AA+
Drainage = AA+
5-1 Replacement
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General Fund Multi -Year Analysis
$60.0
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$40.0
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$30.0
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$20.0----
---
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FY2018
FY2019
FY2020 FY2021
BUD
FY2021 EST
FY2022 PROP
■Property Taxes
■Franchise Fees
❑Sales & Use Taxes ❑Fines & Fees [Licenses & Permits ■Interest Income ■Int'gov't./Trans./Misc.
FY21 Budget to
REVENUE
ACTUAL
ACTUAL
ACTUAL
BUDGETED
ESTIMATED
PROPOSED
FY22 Proposed
SOURCE
FY2018
FY2019
FY2020
FY2021
FY2021
FY2022
% Diff
Property Taxes $13,639,517
$15,193,545
$17,149,229
$17,787,859
$18,232,859
$19,248,931
8.21%
Franchise Fees
$4,692,782
$4,438,654
$4,134,434
$4,251,726
$4,056,676
$3,984,200
(6.29%)
Sales & Use Taxes $12,852,638
$13,176,850
$13,599,827
$12,057,045
$14,297,641
$14,545,718
20.64%
Fines & Fees
$4,134,415
$3,864,095
$2,924,661
$3,080,755
$2,570,060
$3,154,425
2.39%
Licenses & Permits
$1,875,120
$2,133,421
$1,697,638
$665,800
$1,172,200
$655,300
(1.58%)
Interest Income $256,724
$442,141
$263,648
$112,500
$65,500
$71,838
(36.14%)
Int'gov't./Trans./Misc. $7,177,359
$3,966,095
$4,576,495
$3,413,086
$3,298,352
$3,720,797
9.02%
TOTAL REVENUES $44,628,555
Revenue Source
$43,214,801 $44,345,932
- Perce .• of General Fund
$41,368,771
Revenues
$43,693,288
$45,381,209
9.70%
Average
Property Taxes 30.56%
35.16%
38.67%
43.00%
41.73%
42.42%
38.59%
Franchise Fees 10.52%
10.27%
9.32%
10.28%
9.28%
8.78%
9.74%
Sales & Use Taxes 28.80%
30.49%
30.67%
29.15%
32.72%
32.05%
30.65%
Fines & Fees 9.26%
8.94%
6.60%
7.45%
5.88%
6.95%
7.51 %
Licenses & Permits
4.20%
4.94%
3.83%
1.61%
2.68%
1.44%
3.12%
Interest Income 0.58%
1.02%
0.59%
0.27%
0.15%
0.16%
0.46%
Int'gov't./Trans./Misc. 16.08%
9.18%
10.32%
8.24%
7.56%
8.20%
9.93%
TOTAL 100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
The graph and chart above depicts the five year trend for revenues which support services and operations accounted for in the
General Fund. While indicating which revenue sources have experienced an increase or decrease, the chart indicates what
percentage of the total revenue stream a source constitutes.
While growth in sales tax revenue helps to reduce the dependency on property taxes, sales taxes are more volatile in nature, and
therefore are subject to sharp declines in slower economic periods. The trend now shows property tax to be the largest source of
revenues averaging 38.59% of the total. Previously, sales and use taxes held the top spot, but have now dropped to the second
highest source on average at 30.65% and Intergovernmental/Transfers/Misc. third at 9.93%. Franchise fees make up approximately
9.74% and fines & fees about 7.51% of total revenues with other sources varying from less than 1% to a little under 3.5%. Recent
trends are showing less reliance on other sources of revenues and more on the property and sales and use taxes.
5-3 Replacement
GENERAL FUND
FY2022 REVENUE ASSUMPTIONS
REVENUE SOURCE
ASSUMPTIONS
Property Taxes
Projection based on revenues to cover needed expenses.
Prior Year Property Taxes
Projected to remain with FY21 budget based on historic trends.
Penalties & Interest
Projected increase from FY21 budget based on historic trends.
Sales Tax
Projected increase from FY21 estimates based on economic
outlook.
Additional Sales Tax
Increase based on 25% of projected sales tax revenues.
Mixed Drink Tax
Projected to increase with economic outlook and historic trend.
Electric Franchise
Projection to remain nearly flat with FY21 estimate.
Gas Franchise
Projected decrease from FY21 budget based on historic trends.
Telephone Access Line Fees
Projected to decrease from estimated FY21 for full year of
legislative action and historic trend.
Sanitation Services Franchise
Projected increase from FY21 budget based on approved rates.
Recycling Franchise
Projected increase from FY21 budget based on approved rates.
Cable Franchise
Projected decrease from estimated FY21 for full year of
legislative action and historic trend.
Water & Wastewater Franchise
Based on 5% of projected gross receipts.
Other Permits
Projected to remain flat based on historical trend.
Health Permits
Projected to remain flat from FY21 budget due to food
establishment economic outlook.
Fire Permits
Projected to remain flat with FY21 estimate and historic trend.
Contractors Regulatory License
Projected to remain flat with FY21 budget.
Minimum Housing
Projected to remain flat with FY21 budget.
Miscellaneous Permits and Fees
Projected to decrease from FY21 budget.
Building Permits
Projected to remain flat with FY21 budget.
Police Program Reimbursements
Based on 80% of projected officer salary.
School Police Reimbursements
Based on current contract of four patrol officers.
Municipal Court
Projected to decrease from FY21 estimates based on historic
trend.
Library Fees
Projected decrease from FY21 budget based on historic trend.
Ambulance Fees
Projection of a decrease from FY21 budget.
Alarm Revenue
Projected to remain flat with FY21 estimates.
Jail Revenue
Projected to increase due to new interlocal shared services
agreement.
Interest Income
Projected to decrease based on market outlook.
Miscellaneous
Projected to remain flat with FY21 estimates.
Tower Lease Revenue
Based on current lease agreements.
Betterment Contributions
Projected to remain flat with FY21 budget.
Transfers
Based on administrative fees charged to utility operations and
1 /3 of Euless' portion of the Car Rental Tax.
5-4
PROPERTY TAXES
Estimated Revenues FY22
Operating & Maintenance
Debt Service
Adj. Net Taxable Value Assessed
$4,650,258,604
$4,650,258,604
TIF Increment Value
$219,683,772
Proposed Tax Rate per $100 Valuation
0.402888
0.072112
Estimated Tax Levy
$19,620,413
$3,353,394
TIF Distribution
$1,208,488
Est. Percent of Collection (O&M and I&S)
98.00%
100.00%
General Fund Collections
$18,043,687
Ceiling Revenues
$1,118,844
$200,259
Estimated Fund Collections
$19,162,531
$3,553,663
Proposed Fund Distribution
Additional
Rate Percent
$ Amount
Sales Tax Total
Operating & Maintenance - General Fund
0.402888 84.82%
$19,162,531
$ 2,882,543 $ 22,045,074
Interest and Sinking - Debt Service Fund
0.072112 15.18%
$3,553,653
$ - $ 3,553,653
TOTAL
0.475000 100.00%
$22,716,184
$ 2,882,543 $ 25,598,727
Ten Year Breakdown of Tax Rate
0.500000
0.450000
0.400000
0.350000
C
0
M 0.300000
0.250000
0
0
0.200000
d
0, 0.150000
0.100000
U
0.050000
0.000000
2013 2014 2015 2016 2017 2018 2019 2020 2021 Proposed 2022
o Interest & Sinking ❑ Operatin2 & Maintenance
Fiscal
Operating &
Interest &
Total
Year
Maintenance
Sinking
Tax Rate
2013
0.355130
0.114870
0.470000
2014
0.360619
0.109381
0.470000
2015
0.364505
0.102995
0.467500
2016
0.366571
0.100929
0.467500
2017
0.363053
0.099447
0.462500
2018
0.361056
0.101444
0.462500
2019
0.371710
0.090790
0.462500
2020
0.377974
0.084526
0.462500
2021
0.381954
0.080546
0.462500
Proposed 2022
0.402888
0.072112
0.475000
5-5 Replacements
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TAX RATE IMPACT
FY2020-21
FY2021-22
Budgeted
Proposed
Tax Rate
@ 46.2500
@ 47.50000
Based on $100,000 Taxable Value
$100,000
$100,000
Less: Homestead Exemption, 20%
$20,000
$20, 000
Adjusted Value
$80,000
$80,000
Annual Tax Burden:
(at above tax rates)
$370.00
$380.00
or monthly
$30.83
$31.67
Over 65 - Based on $100,000 Taxable Value
$100,000
$100,000
Less: Homestead Exemption, 20%
$20,000
$20,000
Adjusted Value
$80,000
$80,000
Less: Over 65 Exemption
$35, 000
$35, 000
Net Value
$45,000
$45,000
Annual Tax Burden:
(at above tax rates)
$208.13
$213.75
or monthly
$17.34
$17.81
Average Home Value—
$239,187
$240,354
Annual Tax
$884.99
$913.35
Over 65 Average Home Value*— $229,232 $239,106
Annual Tax $686.28 $742.35
* Euless has adopted the senior tax freeze. Seniors citizens pay no more than
they paid @ age 65 regardless of home value excluding improvements.
Home Values are based on average home values provided by Tarrant Appraisal
District as of July each year.
5-7 Replacement
WATER & WASTEWATER ]FUND
FY22 REVENUE ASSUMPTIONS
REVENUE SOURCE
ASSUMPTIONS
Interest Income
Projected to decrease based on market outlook and investable
balances.
Sanitation Services
Projected to remain flat from FY21 budget.
Water Service
Consumption is estimated to increase slightly with FY21 year-
end projections based on expected growth. Rates remains
unchanged for FY22.
Wastewater Service
Anticipated treatment volume is estimated remain very close to
FY21 budgeted volume. Rate remains unchanged for FY22.
Reclaimed Water Service
Revenue projections are based on anticipated expansion of
service area. Rates per tier are based on 85% of the potable
water rate per tier.
Sale of New Meters
Projected to remain flat with FY21 budget.
Reconnect Fees
Projected to remain flat with FY21 budget.
Inspection Fees
Projected to remain flat with FY21 budget.
Miscellaneous
Projected to remain flat with FY21 budget.
Penalties
Projected to remain flat with FY21 budget.
Initiation & Transfer Fees
Projected to remain flat with FY21 budget.
Recycling Fees
Increase anticipated from growth in customer base as compared
with prior year estimates and scheduled rate increase.
5-8
CITY OF EULESS
RESIDENTIAL UTILITY RATE HISTORY
Year
Base Rate
0-2 Tgals
3-8 Tgals
9-15 Tgals
16-35 Tgals
>35 Tgals
FY13
$8.45
$2.48
$3.41
$3.98
$4.51
$5.11
FY14
$8.45
$2.67
$3.60
$4.17
$4.70
$5.30
FY15
$8.95
$2.97
$3.90
$4.47
$5.00
$5.60
FY16
$9.75
$3.24
$4.17
$4.74
$5.27
$5.87
FY17
$10.75
$3.44
$4.37
$4.94
$5.47
$6.07
FY18
$11.75
$3.58
$4.51
$5.08
$5.61
$6.21
FY19
$12.50
$3.88
$4.81
$5.38
$5.91
$6.51
FY20
$12.75
$4.07
$5.00
$5.57
$6.10
$6.70
FY21
$12.75
$4.21
$5.14
$5.71
$6.24
$6.84
FY22 Proposed
$12.75
$4.21
$5.14
$5.71
$6.24
$6.84
WASTEWATER
DRAINAGE FEE
90% of
Metered
Lot Less
Year
Base Rate
Water
Year
Than 5 Acres
FY13
$7.25
$2.83
FY13
$2.50
FY14
$7.25
$3.19
FY14
$2.50
FY15
$7.75
$3.33
FY15
$2.50
FY16
$8.50
$3.59
FY16
$2.50
FY17
$9.50
$3.72
FY17
$2.50
FY18
$10.50
$3.98
FY18
$2.75
FY19
$10.75
$4.27
FY19
$2.75
FY20
$11.00
$4.29
FY20
$2.75
FY21
$11.00
$4.34
FY21
$2.75
FY22 Proposed
$11.00
$4.34
FY22 Proposed
$3.00
5-9
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DRAINAGE UTILITY CHARGE
RESIDENTIAL MONTHLY RATE COMPARISON —
Bedford $4.50
Grapevine $4.00
North Richland Hills $6.31
Colleyville $7.00
Hurst $4.00
AVERAGE $5.16
Euless (proposed) $3.00
Rates as of June 2021
* North Richland Hills base charge on lot size.
'maximum)
COMMERCIAL MONTHLY RATE COMPARISON"
Bedford
$71.88
Grapevine
$24.50
North Richland Hills
$28.25
Colleyville
$24.40
Hurst
$51.84
'40 .17
Euless (proposed)
$22.72
Commercial Rates are based on 1 impervious acre.
'This comparison shows a generalized rate. Please see individual City
Ordinances for actual amount and runoff coefficient reductions.
5-11
COMPARATIVE RATES
WATER
CITY
MINIMUM
BILL
WATER
RATE
3,000
GALLONS
8,000
GALLONS
12,000
GALLONS
15,000
GALLONS
20,000
GALLONS
BEDFORD - NON -SENIOR
SENIOR
$20.23
4.44/ gals
$33.55
$55.75
$73.51
$86.83
$109.03
$18.39
4.44/ gals
$31.71
$53.91
$71.67
$84.99
$107.19
GRAPEVINE'
$14.75
4.14/>2 gals 9
$18.89
$39.59
$56.15
$68.57
$89.27
N. R. HILLS'
$17.50
4.65tgal/ from 2-22.44 gals
$29.74
$65.64
$94.36
$115.90
$151.80
4.74 tgal > 22.44 gals
plus 2.53/tgal pass thru rate
COLLEYVILLE
$13.58
4.47/gals
$26.99
$49.34
$67.22
$80.63
$102.98
HURST
$17.87
7.18/>2 gals
$25.05
$60.95
$89.67
$111.21
$147,11
AVERAGE
$16.79
5.39/gals
$26.84
$54.25
$76.18
$92.63
$120.04
EULESS
$12.75
4.21 / 0-2 gals
$26.31
$52.01
$74.85
$91.98
$123.18
5.14 / 3-8 gals
5.71 / 9-15 gals
6.24 / 16-35 gals
6.84/ > 35 gals
EULESS - w/Rebate
$12.75
$25.41
$49.61
$71.25
$87.48
$118.68
I� :_..__ ,_.,.._ - - ---
-
rviuuinuin um mdudes TIrsi 2,000 gallons of usage.
Rates as of October 2020
WASTEWATER
CITY
MINIMUM
WASTEWATER
WATER CONSUMPTION
3,000
8,000
12,000
15,000
20,000
BILL
RATE
GALLONS
GALLONS
GALLONS
GALLONS
GALLONS
BEDFORD - NON -SENIOR
$13.07
3.51/gals
$23.60
$41.15
$55.19
$65.72
$83.27
SENIOR
$11.86
3.51/gals
$22.39
$39.94
$53.98
$64.51
$82.06
GRAPEVINE
$10.46
4.37/> 2 gals
$14.83
$36.68
$54.16
$67.27
$67.27
N. R. HILLS'
$11.00
4.28/gals
$23.84
$45.24
$62.36
$75.20
$91.04
COLLEYVILLE
$11.60
3.17/gals
$21.11
$36.96
$49.64
$59.15
$75.00
HURST
$12.93
4.15/gals
$25.38
$46.13
$62.73
$75.18
$95.93
AVERAGE
$11.81
3.86/gals
$21.75
$41.23
$56.82
$68.50
$82.50
EULESS'
.. w---� -
$11.00
4.34/gals
$22.72
$42.25 1
$57.87
$63.08
$63.08
•,...te-atc. -a-ye is vaseu uri yu-A Of metered water and shall not exceed 12,000 gallons of wastewater treated.
ZCapped at 15,000 gallons
'Capped at 2,500 of or 18,700 gallons.
Rates as of October 2020
5-12
Impact of Water Rate Increase
Impact of 50 increase on all tiers:
Impact of 10¢ increase on all tiers:
To City: Additional revenues generated
To City: Additional revenues generated
Increase Estimated Volume* Revenue
050
Increase Estimated Volume* Revenue
2,110,399 $ 105,520
100 2,110 399 $ 211,040
To Citizens: Estimated Increase
To Citizens: Estimated Increase
Monthly $ 0.32
Monthly $ 0.65
Annually $ 3.88
Annually $ 7.77
Impact of 150 increase on all tiers:
Impact of 200 increase on all tiers:
To City: Additional revenues generated
To City: Additional revenues generated
Increase Estimated Volume* Revenue
150
Increase Estimated Volume* Revenue
2,110,399 $ 316,560
200 2,110 399 $ 422,080
To Citizens: Estimated Increase
To Citizens: Estimated Increase
Monthly $ 0.97
Monthly $ 1.30
Annually $ 11.65
Annually $ 15.54
* amounts shown in thousands of gallons
Calculations based on 27,165 water customers
Impact of Wastewater Rate Increase
Impact of 50 increase on rate:
To City: Additional revenues generated
Increase Estimated Volume* Revenue
050 1,545,000 $ 77,250
To Citizens: Estimated Increase
Monthly $ 0.24
Annually $ 2.87
Impact of 150 increase on rate:
To City: Additional revenues generated
Increase Estimated Volume* Revenue
150 1,545,000 $ 231,750
To Citizens: Estimated Increase
Monthly $ 0.72
Annually $ 8.60
* amounts shown in thousands of gallons
Calculations based on 26,954 wastewater customers
Impact of 100 increase on rate:
To City: Additional revenues generated
Increase Estimated Volume* Revenue
100 1,545,000 $ 154,500
To Citizens: Estimated Increase
Monthly $ 0.48
Annually $ 5.73
Impact of 200 increase on rate:
To City: Additional revenues generated
Increase Estimated Volume* Revenue
200 1,545,000 $ 309,000
To Citizens: Estimated Increase
Monthly $ 0.96
Annually $ 11.46
5-13
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