The URL can be used to link to this page

Home My WebLink AboutPreliminary Operating Budget FY22-23,I, City of Euless Preliminary Annual Operating Budget Fiscal Year 2022-2023 201 North Ector Drive, Euless, Texas 76039 www.eulesstx.gov City of Euless FISCAL YEAR 2022-2023 Council Members LINDA MARTIN, MAYOR Tim Stinneford, Place One Jeremy Tompkins, Place Two Eddie Price, Mayor Pro Tem, Place Three Perry Bynum, Place Four Harry Zimmer, Place Five Tika Paudel, Place Six Loretta Getchell, City Manager Chris Barker, Deputy City Manager Wes Rhodes, Assistant City Manager TABLE OF CONTENTS PROPOSED BUDGET TITLE PAGE BUDGET MESSAGE Letter...................................................................................................................... 1-8 Executive Summary, General Fund.......................................................................... 9 Executive Summary, Water & Wastewater Fund.....................................................10 Executive Summary, Car Rental Fund.....................................................................11 Fund Balance Summary, General & Internal Service Funds....................................12 Fund Balance Summary, Special Revenue Funds.............................................13-14 Fund Balance Summary, Enterprise Funds.............................................................15 Fund Balance Summary, Debt Service Funds.........................................................16 Fund Balance Summary, Reserve Funds................................................................17 ESTIMATED REVENUES & PROPOSED EXPENSE Where Does the Money Come From?.....................................................................18 WhereDoes the Money Go?...................................................................................19 General Fund Revenues..........................................................................................20 TaxRate Scenarios................................................................................................. 21 General Fund Expenditures.....................................................................................22 Water & Wastewater Revenues...............................................................................23 Proposed Water Service Rates................................................................................24 Proposed Wastewater Service Rates...................................................................... 25 Water & Wastewater Expenditures..........................................................................26 All Other Enterprise Operating Funds......................................................................27 Special Revenue Operating Funds.....................................................................28-29 Internal Service Operating Funds............................................................................ 30 Debt Service Operating Funds.................................................................................31 PersonnelCounts.................................................................................................... 32 BOND INDEBTEDNESS Schedule of Outstanding and Proposed Indebtedness............................................33 CAPITAL EXPENSES & FUNDING Capital & Supplemental Requests by Fund........................................................34-36 REQUIRED DISCLOSURE.................................................................................................37 2022 TAX RATE CALCULATION WORKSHEETS............................................................38-46 SUPPLEMENTARY INFORMATION INTRODUCTION.........................................................................................................TAB 1 OrganizationalChart.............................................................................................. 1-1 BudgetProcess..................................................................................................... 1-2 BudgetSchedule................................................................................................... 1-5 Excerptfrom Charter.............................................................................................. 1-6 FiscalPolicies........................................................................................................ 1-8 CAPITAL, INFRASTRUCTURE PLANS & FLEET/EQUIPMENT REPLACEMENT .................... TAB 2 Capital & Supplemental Requests by Fund........................................................... 2-1 Capital & Supplemental Requests by Department ................................................. 2-4 FY2022-23 Infrastructure Plan............................................................................... 2-7 Memo, Projected Equipment Replacement Fund .................................................. 2-8 FleetTransfer........................................................................................................ 2-9 Misc. Asset Transfer.............................................................................................2-10 Building Asset Transfer.........................................................................................2-11 Proposed Fleet Replacements..............................................................................2-12 Proposed Misc. Asset Replacements...................................................................2-13 Proposed Fleet Carryover.....................................................................................2-14 DEBT......................................................................................................................TAB 3 Schedule of Outstanding and Proposed Indebtedness .......................................... 3-1 AnnualDebt Service.............................................................................................. 3-2 Total General 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 Golf G.O. Refunding Debt.....................................................................................3-21 Water & Wastewater Revenue Debt.....................................................................3-23 Sales Tax Revenue Debt......................................................................................3-30 PERSONNEL & INSURANCE.......................................................................................TAB 4 PersonnelCounts.................................................................................................. 4-1 Personnel Counts by Fund.................................................................................... 4-2 Proposed Public Safety Pay Plan.......................................................................... 4-3 ProposedExempt Pay Plan................................................................................... 4-5 Proposed Non -Exempt Pay Plan........................................................................... 4-7 Proposed Non -Exempt Pay Plan (pre-9/24/2020 hire) ........................................... 4-9 Proposed Insurance Premiums.............................................................................4-11 Insurance& Benefits.............................................................................................4-12 Risk & Workers Compensation.............................................................................4-13 HISTORICAL & COMPARISON DATA............................................................................TAB 5 Monthly Service Charges & Key Fiscal Points ....................................................... 5-1 Population Growth in Euless.................................................................................. 5-2 General Fund Multi -Year Analysis......................................................................... 5-3 General Fund Revenue Assumptions.................................................................... 5-4 PropertyTax Revenues......................................................................................... 5-5 Tax Rate & Exemptions Comparisons................................................................... 5-6 TaxRate Impact.................................................................................................... 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 City of Euless, Texas Fiscal Year 2022-2023 Budget Cover Page July 29, 2022 This budget will raise more revenue from property taxes than last year's budget by an amount of $1,584,307, which is a 7.10 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $289,316. Property Tax Rate Comparison 2022-2023 2021-2022 Property Tax Rate: $0.460000/100 $0.475000/100 No -New -Revenue Tax Rate: $0.433030/100 $0.468587/100 No -New -Revenue Maintenance & Operations Tax Rate: $0.364955/100 $0.383839/100 Voter -Approval Tax Rate: $0.467831/100 $0.476825/100 Debt Rate: $0.089153/100 $0.072112/100 Total debt obligation for City of Euless, Texas secured by property taxes: $81, 547,165 T H E C I T Y O F EULESS July 29, 2022 Honorable Mayor Linda Martin Honorable City Councilmembers: Tim Stinneford, Place One Jeremy Tompkins, Place Two Eddie Price, Place Three, Mayor Pro Tern 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, 2022 and ending September 30, 2023 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 22, 2022 and was based on estimated taxable property values since certified values were not received until July 21, 2022, and updates to worksheets were not received until July 25, 2022. As stated in that document, we have updated the proposed budget based on actual certified taxable property values and adjusted the property tax rate accordingly. The proposed budget is available on the City's website for citizen review. 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. BUDGET HIGHLIGHTS In preparing this budget, we strived to provide a competitive pay plan addressing inflationary pressures, fund needed personnel, fund expected building needs, and expedite projects funded by the American Rescue Plan Act (ARPA). 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 Metro 817/267-4403 Fax 817/685-1416 w%vw.eulesstx.gov 1 The City had reduced or held the tax rate for 27 consecutive years, reducing from a high of 61.860 in 1994 to the rate of 46.250 in FY2021. In order to fund additional public safety personnel, the adopted tax rate for FY2022 increased the rate 1.250 to 47.50 per $100 of assessed valuation. The FY2023 budget is based on reducing this rate to 460, a reduction of 1.50 from the FY2022 rate. Highlights of the proposed budget are detailed below: ♦ The property tax rate for the upcoming fiscal year is proposed to decrease 1.50 from 47.50 to 460 per $100 of assessed valuation. ♦ There are no cuts in programs or services for citizens. ♦ The final position removed due to the COVID-19 pandemic, an internal auditor position, has been restored in this budget as an Accountant ll. We have also proposed the addition of two public works field technicians and one parks field technician and the conversion of one part-time animal shelter attendant to a full- time position. ♦ A baseline salary increase of 7% is proposed in an effort to address inflationary pressures. Additionally, funding has been included to provide a merit -based increase of up to 3% for those not eligible for step increases. A lump sum increase of 3% has been included for those that are not eligible for merit or step increases. ♦ The City's contribution towards the employee's portion of health insurance has been increased from 75% to 80% to more closely align with the industry average. ♦ The water rate includes a $1 increase in the standard base rate, adjusted proportionately for larger meters, to cover operational cost increases in water delivery and an increase to the volume rate of 560 per thousand gallons to cover the pass -through increase from Trinity River Authority (TRA) in the cost to purchase water. ♦ The wastewater rate includes a $1 increase in the base rate to cover operational cost increases in wastewater collections and an increase to the volume rate of 190 per thousand gallons to cover the pass -through increase from TRA for the collection and treatment of the wastewater. ♦ A 500 per thousand gallons rate stabilization rebate is proposed to help offset some of the increases. The current rebate is 300 per thousand gallons. This rebate is for residential water customers up to 15,000 gallons per month. ♦ 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. Additionally, $7,135,925 of water and wastewater line replacements is planned from ARPA funding. ♦ The General Fund includes a transfer to CIP to cash flow annual street improvements. This has been increased $25,000 in an effort to keep pace with inflation and is based on a third -party study of street conditions. The proposed amount for FY2022-23 is $1,075,000. ♦ Other Capital Improvements Plan projects that are being cash flowed from General Fund excess reserves includes Heritage Avenue street improvements, 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 Metro 817/267-4403 Fax 817/685-1416 www.eulesstx.gov 2 city-wide traffic signal upgrades, and design and furnishings for a new Fire Station #2. ♦ Capital Improvement Plan projects that are being funded from EDC reserves include trail lighting from Mid -Cities to Heritage Ave, Midway Park pickleball courts, aquatic facility upgrades, Kiddie Carr Park improvements, Carr Park trail connection, and Parks at Texas Star North parking lot expansion. Capital Improvement Plan projects that are being funded from CCPD reserves include architectural services for the remodel of the Police Facility. ♦ Depreciation funding for the majority of the City's vehicles, equipment, furnishing and fixtures is included in the baseline budgets at 100%. For FY2022-23, this program is proposed to expand coverage for certain known and expected building needs including HVAC, roof, and elevator replacements. ♦ Significant enhancements to the City's enterprise resource planning systems are included in this budget. ♦ A detail of the recommended capital and supplemental 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 $49,763,948 which represents an increase of 9.7% from the previous year's budget. The increase is primarily due to sales tax collections which have improved and the estimated increase in property tax revenue from new development and increased values. 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 $6,001,564,674 for FY2022-23. This represents an increase of $694,874,291 or 13.1 % from the FY2021-22 tax roll of $5,306,690,383. The tax rate proposed for FY2022-23 is 460 per $100 of assessed valuation, which includes 37.08470 for maintenance and operations and 8.91530 for debt service. FY2021-22 sales tax collections are projected to end the fiscal year up almost 24% from budget due to better than expected collections as well as a one-time collection of over $800K. Projections for FY2022-23 sales taxes assumes a 1 % increase over FY2021-22 estimates adjusted for one-time collections. Other revenue sources vary in their projections. 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 collections have increased recently and therefore our projection for next year has increased slightly. Franchise fees are projected to increase slightly due to the inflationary impact on rates charged. Jail revenue is expected to decrease based on the City no longer housing Federal detainees. Interest income is expected to increase from current year-end estimates based on increases from the Federal Reserve. Tower lease rentals are expected to decrease. 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 Metro 817/267-4403 Fax 817/685-1416 www.eulesstx.gov 3 General Fund operating expenses, excluding capital programs, are proposed at $49,693,014 which represents an increase of approximately 9.5%. This increase is primarily due to the proposed pay plan adjustment, the increase in the City's contribution towards employee health insurance, the reinstatement of the last remaining position frozen for COVID-19 and the addition of two public works field technicians and the conversion of a part-time animal shelter attendant to full-time. A baseline salary increase of 7% is proposed to address inflationary pressures. Additionally, funding has been included to provide a merit -based increase of up to 3% for employees that are not eligible for step increases. A lump sum increase of 3% has been included for those that are not eligible for merit or step increases. In 2020, the City cut non-public safety pay plans by 10% due to reduced revenues related to the pandemic and have only increased 2% since that time. The City's contribution towards the employee's portion of health insurance has been increased from 75% to 80% to more closely align with the industry average. Two years ago, four police officers were moved to the General Fund from Crime Control and Prevention District (CCPD) due to a reduction in sales tax revenue. The FY2021- 22 budget moved three positions back to the CCPD Fund and the FY2022-23 budget moves funding of the fourth position from the General Fund back to the CCPD. Juvenile Case revenue has declined; therefore, one -quarter of a Court Clerk and one - quarter of the Juvenile Case Manager has been transferred to the General Fund. Contractual rebates have been increased based on expected increases in sales tax collections. Recommended capital items are detailed in the proposed budget in Tab 2 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 FY2022-23 budget includes proposed operating revenues of $30,002,768, which is an increase of 8% over FY2021-22 budgeted revenues. The water and wastewater revenue projections are based on proposed rates, detailed above, and estimated consumption for FY2022-23. A proposed rebate of 500 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. 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 Metro 817/267-4403 Fax 817/685-1416 ww%v.eulesstx.gov 4 Proposed water and wastewater baseline expenses are $29,998,143, which is an increase of 8% over current year. This increase is primarily attributed to the increase in the cost to purchase water and the cost of wastewater treatment from Trinity River Authority as well as the pay plan and insurance adjustments as detailed above. Recommended capital 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 FY2022-23. 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. As previously mentioned, this budget proposes expanding this program to also cover certain known and expected building needs including HVAC, roof, and elevator replacements. 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 remain relatively flat in FY2022-23 from current year collections. Historical preservation, conference center operations, and contractual rebates are included in the budget for FY2022-23. Capital items included in the budget are for improvements at the Himes Cabin and fixtures at the conference center. Expenditures have increased to cover additional costs associated with the 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 Metro 817/267-4403 Fax 817/685-1416 www.eulesstx.gov 5 operation of the Conference Centre as well as to increase funding for the Arbor Daze festival. Half -Cent Sales Tax Fund — Euless Development Corporation (EDC) Euless citizens approved an additional '/20 sales tax in 1993 that is restricted for parks, library, and economic development activities. Sales tax revenue projections assumes a 1 % increase over FY2021-22 estimates adjusted for one-time adjustments. A field technician has been added in parks and pay plan increases and insurance adjustments have been included as detailed above. Recommended capital programs, as detailed in Tab 2, include a utility vehicle, library study pods, access control hardware, facility painting, and transfers to CIP for irrigation. Other capital projects include additional funding for Wilshire Park upgrades, trail lighting, miscellaneous parks improvements, pickleball courts, incentives, aquatic facilities upgrades, Carr Park trail connection, Texas Star Sports Complex Phase VII, additional parking for Parks at Texas Star North, and Kiddie Carr Park improvements. These are all detailed in the Capital Improvement Plan document. 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. Revenue from car rentals dropped substantially during the pandemic but have made a strong recovery. We expect revenues of $17,661,183 in FY2022-23. 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. The recommended reserve level of $2,000,000 has been maintained. Juvenile Case Management Fund Revenues from the juvenile case fee have declined. Therefore, we have transferred one -quarter of a Court Clerk and one -quarter of the Juvenile Case Manager to the General Fund. Funds from this source are restricted for the sole purpose of providing for juvenile case management. 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 Metro 817/267-4403 Fax 817/685-1416 www.eulesstx.gov 6 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 FY2022-23 recommended Priority A projects include annual street improvements; Heritage Avenue improvements from Cheek-Sparger Road to Guadalupe Trail; wastewater line replacements at Cedar Hill Estates South Phase I and II, Euless Square/Aransas Drive and Trailwood Addition; water line replacement on Midway Park 16t Addition, Oakwood Terrace and South Main Street; Aquatic Park Facility Upgrades; Carr Park Trail Connection; Fire Station #2 Design and Construction; Kidd Carr Park Improvements; Midway Park Pickleball Courts; Parks at Texas Star North Additional Parking Lot; Police and Courts Building Design; and Trail Lighting from Heritage Avenue to Mid -Cities. Capital funding is also included for expansion of the reclaimed water system, redevelopment projects, miscellaneous capital improvements, Municipal Plaza improvements and Wilshire Park upgrades. 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 in the amount of $7.6 million is planned for Fire Station #2 construction. 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 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 Metro 817/267-4403 Fax 817/685-1416 wvvNv.eulesstx.gov 7 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. Tax Notes — or Tax Anticipation Notes are municipal securities issued to raise money for capital infrastructure projects. These are short-term notes used to finance immediate or near -term local capital project needs. 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 while addressing inflationary impacts and possible recession. 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. 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.culesstx.gov 8 EXECUTIVE SUMMARY GENERAL FUND FY 2022 Budgeted Resources $ 49,804,992 Less Use of Prior Year Reserves $ (4,423,783) FY 2022 Net Operating Revenues Proposed Changes in Revenue Property Taxes $ 612,403 Sales Tax $ 2,335,403 Franchise Fees $ 250,914 Licenses and Permits $ (12,400) Fines and Fees $ 387,903 Interest Income $ (33,436) Transfers $ 864,396 Other Changes $ (22,444) Subtotal: FY 2023 Proposed Operating Revenues FY 2022 Budgeted Expenses $ 49,778,368 Less Capital / One -Time Expenses $ (4,423,783) FY 2022 Net Operating Expenses Proposed Changes in Expenses Salaries and Benefits $ 2,616,582 Rebates/Incentives $ 134,049 Professional/Technical $ 461,808 Utilities and Fees $ 133,823 Maintenance/Supplies $ 200,949 Equipment Replacement $ 4,307 Street Improvements $ 64,000 Other Changes $ 331,852 Subtotal: FY 2023 Proposed Supplemental FY 2023 Proposed Operating Expenses Proposed Capital / One -Time Expenses Capital / One -Time Carryover $ 678,141 Recommended Capital / One -Time Expenses $ 8,213,193 FY 2023 Proposed Capital / One -Time Expenses FY 2023 Proposed Budget $ 45,381,209 $ 4,382,739 $ 49,763,948 $ 45,354,585 $ 3,947,370 $ 391,059 $ 49,693,014 $ 8,891,334 $ 58,584,348 9 EXECUTIVE SUMMARY WATER & WASTEWATER FY 2022 Budgeted Resources $ 29,631,625 Less Use of Prior Year Reserves $ (1,906,343) FY 2022 Net Operating Revenues $ 27,725,282 Proposed Changes in Revenue Water Service $ 1,501,098 Wastewater Service $ 703,798 Reclaimed Water Service $ 58,843 Interest Income $ (5,774) Sanitation/Recycling/Penalties $ 34,521 Subtotal: $ 2,277,486 FY 2023 Proposed Operating Revenues $ 30,002,768 FY 2022 Budgeted Expenses $ 29,622,259 Less Capital / One -Time Expenses $ (1,906,343) FY 2022 Net Operating Expenses $ 27,715,916 Proposed Changes in Expenses Salaries and Benefits $ 322,251 TRA Payments $ 1,343,935 Reclaimed Water Purchases $ 21,037 Transfers $ 263,847 G&A/Franchise $ 227,748 Utilities and Fees $ 11,007 Maintenance $ 35,500 Regulatory Fees $ 33,100 Other Changes $ (11,838) Subtotal: $ 2,246,587 FY 2023 Proposed Supplemental $ 35,640 FY 2023 Proposed Operating Expenses $ 29,998,143 Proposed Capital / One -Time Expenses Capital / One -Time Carryover $ 168,944 Recommended Capital / One -Time Expenses $ 196,078 FY 2023 Proposed Capital / One -Time Expenses $ 365,022 FY 2023 Proposed Budget $ 30,363,165 10 EXECUTIVE SUMMARY CAR RENTAL FUND FY 2022 Budgeted Resources Less Use of Prior Year Reserves FY 2022 Net Operating Revenues Proposed Changes in Revenue Car Rental Taxes Transfers In Interest Income Subtotal: FY 2023 Proposed Operating Revenues FY 2022 Budgeted Expenses Less Capital / One -Time Expenses FY 2022 Net Operating Expenses Proposed Changes in Expenses DFW Rebate Contingencies Transfer to General Fund Transfer to Equipment Replacement Subtotal: FY 2023 Proposed Operating Expenses Proposed Capital / One -Time Expenses Capital / One -Time Carryover Recommended Capital / One -Time Expenses FY 2023 Proposed Capital / One -Time Expenses FY 2023 Proposed Budget $ 14,386,466 $ (1,482,972) $ 6,718,102 $ (1,962,219) $ 1,806 $ 10,312,624 $ (1,482,972) $ 4,478,735 $ 746,456 $ 533,032 $ 482,972 $ 1,000,000 $ 12,903,494 $ 4,757,689 $ 17,661,183 $ 8,829,652 $ 5,758,223 $ 14,687,875 $ 1,482,972 $ 16,070,847 11 Fund Balance Summary Estimated FY2021-22 and Budgeted FY2022-23 General and Internal Service Funds Insurance & Risk Mgmt. & General Benefits workers Comp Equipment Replacement Beginning Balance, FY22 $19,246,754 $5,772,173 $2,122,598 $13,377,769 (per audit, FYE 2021) FY22 Estimated Revenues 51,078,499 7,587,950 1,128,989 5,119,858 Total Available: 70,325,253 13,360,123 3,251,587 18,497,627 FY22 Estimated Expenses (45,354,585) (7,577,950) (1,128,664) (3,102,699) Proposed Budget Adjustment (95,129) 0 0 0 Capital / One -Time Expenses (3,745,642) (37,925) (2,261) 0 Total Projected Expenses: (49,195,356) (7,615,875) (1,130,925) (3,102,699) Estimated Ending Balance FY22 21,129,897 5,744,248 2,120,662 15,394,928 FY23 Budgeted Revenues 49,763,948 8,377,974 1,438,359 9,271,331 Total Available: 70,893,845 14,122,222 3,559,021 24,666,259 FY23 Budgeted Expenses Capital Carryover Capital / One -Time Expenses Total Projected Expenses: (49,693,014) (8,363,240) (678,141) 0 (8,213,193) (40,000) (58,584,348) (8,403,240) (1,366,731) (3,460,252) 0 (1,838,500) 0 0 (1,366,731) (5,298,752) Orojected Ending Balance, FY23 12,309,497 5,718,982 2,192,290 19,367,507 .ess: Designated Reserve (85,340) 0 0 0 ►djusted Ending Balance 12,224,157 5,718,982 2,192,290 19,367,507 Recommended Reserve Levels per Fiscal Policy., 8,168,715 2,432,874 Available for Supplemental: 70,934 Available for Capital / One -Time: 3,984,508 Total Available 4,055,442 14,734 3,271,374 3,286,108 600,000 19,367,507 71,628 5,811,079 1,520,662 (5,811,079) 1,592,290 0 `va Fund Balance Summary Estimated FY2021-22 and Budgeted FY2022-23 Special Revenue Funds Hotel/ Juvenile EDC 112 Cent CCPD 114 Cent Sales Car Rental Motel Case Sales Tax Tax Beginning Balance, FY22 $1,206,419 $196,357 $5,550,310 $1,989,147 $4,888,610 (per audit, FYE 2021) FY22 Estimated Revenues 1,514,421 46,007 7,256,209 3,564,617 19,447,516 Total Available: 2,720,840 242,364 12,806,519 5,553,764 24,336,126 FY22 Estimated Expenses (579,211) (57,381) (4,912,583) (2,872,456) (8,829,652) Proposed Budget Adjustment (174,021) 0 (9,675) 0 (5,089,394) Capital / One -Time Expenses (75,000) (2,885) (1,099,897) (439,235) (1,000,000) Total Projected Expenses: 82( 8,232) (60,266) (6,022,155) (3,311,691) (14,919,046) Estimated Ending Balance FY22 1,892,608 182,098 6,784,364 2,242,073 9,417,080 FY23 Budgeted Revenues 1,514,579 46,031 7,008,599 3,471,916 17,661,183 Total Available: 3,407,187 228,129 13,792,963 5,713,989 27,078,263 FY23 Budgeted Expenses (1,270,988) (28,684) (5,342,175) (3,263,018) (14,587,875) Capital Carryover 0 (13,371) (704,907) 0 (482,972) Capital / One -Time Expenses (464,424) 0 (4,614,078) (976,000) (1,000,000) Total Projected Expenses: (1,735,412) (42,055) (10,661,160) (4,239,018) (16,070,847) 'rojected Ending Balance, FY23 1,671,775 186,074 3,131,803 1,474,971 11,007,416 .ess: Designated Reserve (66,914) 0 0 0 0 adjusted Ending Balance 1,604,861 186,074 3,131,803 1,474,971 11,007,416 Recommended Reserve Levels per Fiscal Policy. 208,930 4,715 Available for Supplemental: Available for Capital / One -Time: Total Available 243,591 17,347 1,152,340 164,012 1,395,931 181,359 878,166 1,666,424 587,213 2,253,637 536,387 208,898 729,686 938,584 2,000,000 3,073,308 5,934,108 9,007,416 13 Fund Balance Summary Estimated FY2021-22 and Budgeted FY2022-23 Special Revenue Funds (continued) Police Police Glade Glade Cable Midtown Midtown Drug Grant Seized Parks PID Parks PEG Fee PID TIRZ Assets #1 TIRZ FY22 Estimated Revenues 71,358 10,536,442 414 0 1,867,127 85,980 803,338 697,981 Total Available: 674,351 10,537,429 233,652 750,000 4,512,360 675,432 925,503 1,095,474 FY22 Estimated Expenses (20,500) (58,978) (34,104) 0 (1,136,374) (90,600) (803,338) (303,691) Proposed Budget Adjustment 0 (84,169) 0 0 0 (25,000) 0 0 Capital / One -Time Expenses (139,483) (9,405,087) 0 0 0 0 0 0 Total Projected Expenses: 15( 9.983) (9,548,234) (34,104) 0 (1,136,374) 115600 803338 303691 Estimated Ending Balance FY22 614,368 989,196 199,648 750,000 3,375,986 559,832 122,165 791,783 FY23 Budgeted Revenues 36,336 52,918 435 0 2,134,976 86,029 338,105 933,048 Total Available: 550,704 1,042,113 199,983 750,000 5,510,962 645,861 460,270 1,724,831 FY23 Budgeted Expenses (220,000) (52,918) (49,471) 0 (1,138,418) (85,400) (337,464) (764,199) Capital Carryover 0 0 0 0 0 0 0 0 Capital / One -Time Expenses 0 (635,925) 0 0 0 (114,600) 0 0 Total Projected Expenses: (220,000) (688,843) (49,471) 0 (1,138,418) (200,000) (337,464) (764,199) 'rojected Ending Balance, FY23 330,704 353,270 150,512 750,000 4,372,544 445,861 122,806 960,632 .ess: Designated Reserve 0 0 0 (750,000) 0 0 0 0 ldjusted Ending Balance 330,704 353,270 150,512 0 4,372,644 445,861 122,806 960,632 Recommended Reserve Levels per Fiscal Policy.- 0 0 0 0 0 0 0 0 Available for Supplemental: (183,664) 0 (49,036) 0 996,558 629 641 168,849 Available for Capital / One -Time: 514,368 353,270 199,548 0 3,376,986 445,232 122.165 791,783 Total Available 330,704 353,270 160,512 0 4,372,644 445,861 122,806 960,632 14 Fund Balance Summary Estimated FY2021-22 and Budgeted FY2022-23 Enterprise Funds Drainage Water & Service Recreation Arbor Parks at Texas Star Utility Wastewater Center System Classes Daze Texas Golf Star Beginning Balance, FY22 $10,521,554 $538,327 $254,608 $186,025 $54,313 $367,966 $580,42: FY22 Estimated Revenues 27,716,174 1,219,686 920,638 446,762 25,973 5,463,868 1,060,524 Total Available: 38,237,728 1,758,013 1,175,246 632,787 80,286 5,821,834 1,640,946 FY22 Estimated Expenses (27,715,916) (1,214,657) (865,556) (390,000) (80,000) (4,515,970) (968,804) Capital / One -Time Expenses (1,737,399) (12,291) (65,121) 0 0 (25,373) 26( 2,995) Total Projected Expenses: (29,453,315) (1,226,948) (930,677) (390,000) 8( 0,000) (4,541,343) (1,231,799) Estimated Ending Balance FY22 8,784,413 631,065 244,569 242,787 286 1,280,491 409,147 FY23 Budgeted Revenues 30,002,768 1,311,214 928,949 479,366 120,000 4,926,715 1,100,574 Total Available: 38,787,181 1,842,279 1,173,518 722,153 120,286 6,207,206 1,509,721 FY23 Budgeted Expenses (29,998,143) (1,311,214) (924,646) (425,197) (120,000) (4,879,599) (987,652) Capital Carryover (168,944) 0 0 0 0 0 0 Capital / One -Time Expenses (196,078) 5( 8,800) (50,000) 0 0 12( 0,000) (46,000) Total Projected Expenses: (30,363,165) (1,370,014) (974,646) (425,197) 12( 0,000) (4,999,599) (1,033,652) 'rojected Ending Balance, FY23 8,424,016 472,265 198,872 296,956 286 1,207,607 476,069 .ess: Designated Reserve 0 0 0 0 0 0 0 kdjusted Ending Balance 8,424,016 472,265 198,872 296,966 286 1,207,607 476,069 Recommended Reserve Levels per Fiscal Policy. 6,164,002 0 189,996 87,369 0 1,002,657 202,942 Available for Supplemental: 4,625 0 4,303 54,169 0 47,116 112,922 Available for Capital / One -Time: 2,256,389 472,265 44.573 166,418 286 167,834 160,205 Total Available 2,260,014 472,265 8,876 209,687 286 204,950 273,127 15 Fund Balance Summary Estimated FY2021-22 and Budgeted FY2022-23 Debt Service Funds EDC 112 Water & Texas G.O.Debt Stars Star Golf Service Center Debt Cent Sales Wastewater Course Tax Debt Debt Debt IBeginninq Balance, FY22 $3,019,401 $134,798 $10,717 $598,639 $56,864 1 (per audit, FYE 2021) FY22 Estimated Revenues 5,871,279 740,895 402,387 1,212,183 591,742 Total Available: 8,890,680 875,693 413,104 1,810,822 648,606 FY22 Estimated 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) (710,470) 40( 2,125) (1,212,183) (591,715) Estimated Ending Balance FY22 2,055,957 165,223 10,979 598,639 56,891 FY23 Budgeted Revenues 7,153,579 707,621 399,131 1,218,796 590,912 FY23 Budgeted Revenues 9,209,536 872,844 410,110 1,817,435 647,803 FY23 Budgeted Expenses (7,087,875) (706,470) (398,976) (1,218,796) (590,894) Capital / One -Time Expenses (165,000) 0 0 0 0 Total Projected Expenses: (7,252,875) (706,470) 39( 8,976) (1,218,796) (590,894) Projected Ending Balance, FY23 1,956,661 166,374 11,134 598,639 56,909 Less: Designated Reserve 581 7,8301 (41,250) 0 0 0 Adjusted Ending Balance 1,368,831 125,124 11,134 598,639 56,909 Recommended Reserve Levels per Fiscal Policy: 590,657 Available for Supplemental: 65,704 Available for Capital / One -Time: 712,470 Total Available 778,174 0 0 0 0 1,151 155 0 18 123,973 10,979 598,639 56,891 125,124 11,134 598,639 56,909 16 Fund Balance Summary Estimated FY2021-22 and Budgeted FY2022-23 Reserve Funds General EDC 112 Cent Water & Water & Texas Star Emergency / Sales Tax Midtown Wastewater Wastewater Texas Star Sports Bond Debt & Rate Golf Course Contingency Debt Reserve Emergency Stabilization Complex Reserve Reserves Reserve Reserve Reserve Reserve (Beginning Balance, FY22 1,600,000 $401,126 $999,725 $1,327,464 b4,263,561 b303,065 b716,098 (per audit, FYE 2021) FY22 Estimated Revenues 0 0 999,725 0 61,819 24,977 98,671 Total Available: 1,500,000 401,125 1,999,450 1,327,464 4,345,380 328,045 814,769 FY22 Estimated Expenses 0 0 (999,725) (76,914) (287,523) 0 (160,000) Total Projected Expenses: 0 0 (999,725) 7! 6.9141 (287,523) 0 (160,000) Estimated Ending Balance FY22 1,600,000 401,126 999,726 1,260,650 4,057,867 328,045 654,769 FY23 Budgeted Revenues 0 0 0 0 21,000 15,545 52,397 FY23 Budgeted Revenues 1,500,000 401,125 999,725 1,250,550 4,078,857 343,590 707,166 FY23 Budgeted Expenses 0 0 0 0 (479,205) 0 (100,000) Capital / One -Time Expenses 0 0 0 (16,957) (500,000) 0 0 Total Projected Expenses: 0 0 0 (16,957) (979,205) 0 (100,000) rojected Ending Balance, FY23 1,600,000 401,126 999,726 1,233,693 3,099,662 343,690 607,16E ess: Designated Reserve (1,600,000) 401 1,126) (999,725) (1,233,6931 0 0 (623.16 i ,djusted Ending Balance 0 0 0 0 3,099,662 343,690 84,00E Recommended Reserve Levels per Fiscal Policy: 0 0 0 0 0 0 0 Available for Supplemental: 0 0 0 0 (458,206) 16,646 (47,603) Available for Capital / One -Time: 0 0 0 0 3,667,867 328,046 131,612 Total Available 0 0 0 0 3,099,662 343,690 84,009 17 Where Does The Money Come From? FY2022-2023 Insura 50% Golf 3% W&WVI 20% Other Debt 12% Risk/WC 7% CPD 5% Car Rental C 12% 2o /o Budgeted FY2O21-2022 Use of Revenue Reserves General $ 45,381,209 $ 4,423,783 Hotel/Motel $ 583,140 $ 75,000 Juvenile Case $ 43,522 $ 16,256 EDC'/2¢ Sales Tax $ 5,877,968 $ 1,804,804 CCPD'%%Sales Tax $ 2,887,027 $ 439,235 Police Seized Assets Fund $ 100 $ 34,004 Police Drug Fund $ 20,500 $ 139,403 Grant Fund $ 5,255,951 $ 5,196,973 Car Rental $ 12,903,494 $ 1,482,972 Glade Parks TIRZ $ 1,867,021 $ - Cable PEG Fund $ 91,000 $ Midtown PID $ 803,338 $ Midtown TIRZ $ 697,981 $ - Water & Wastewater $ 27,725,282 $ 1,906,343 Service Center $ 1,215,711 $ 12,291 Drainage Utility $ 923,966 $ 65,121 Recreation Classes $ 783,027 $ - Arbor Daze $ 25,689 $ 54,311 Texas Star Golf Course (TSGC) $ 5,463,868 $ 25,373 Parks at Texas Star (PATS) $ 1,062,030 $ 262,995 Equip. Replacement $ 5,119,858 $ - Insurance $ 7,587,950 $ 37,925 Risk/WC $ 1,128,989 $ 2,261 General Obligation Debt $ 5,778,690 $ 999,725 Star Center Debt $ 710,470 $ - EDC Debt $ 402,125 $ Water & Wastewater Debt $ 1,212,183 $ TSGC Debt $ 591,715 $ - TOTAL $ 136,143,804 $ 16,978,775 Schedule includes operating and debt funds and excludes CIP and reserve funds. General 33% Proposed FY2O22-2023 Use of Revenue Reserves $ 49,763,948 $ 8,891,334 $ 1,514,579 $ 464,424 $ 46,031 $ 13,371 $ 7,008,599 $ 5,318,985 $ 3,471,916 $ 976,000 $ 435 $ 49,036 $ 36,336 $ 183,664 $ 52,918 $ 635,925 $ 17,661,183 $ 1,482,972 $ 2,134,976 $ - $ 86,029 $ 114,600 $ 338,105 $ - $ 933,048 $ - $ 30,002,768 $ 365,022 $ 1,311,214 $ 58,800 $ 928,949 $ 50,000 $ 479,366 $ - $ 120,000 $ - $ 4,926,715 $ 120,000 $ 1,100,574 $ 46,000 $ 9,271,331 $ - $ 8,377,974 $ 40,000 $ 1,438,359 $ - $ 7,153,579 $ 165,000 $ 707,621 $ - $ 399,131 $ $ 1,218,796 $ $ 590,912 $ $ 151,075,392 $ 18,975,133 18 FY2022-2023 Got 3% W&WW 22% Where Does The Money Go? Debt Other Risk/WC 7% 8% 1 of Car Rental CCPD ED(. 11 % 2% 4% Budgeted FY2021-2022 Operating Capital / Fund Expenses One -Time General $ 45,354,585 $ 4,423,783 Hotel/Motel $ 579,211 $ 75,000 Juvenile Case $ 57,381 $ 16,256 EDC'Y2¢ Sales Tax $ 4,912,583 $ 1,804,804 CCPD %0 Sales Tax $ 2,872,456 $ 439,235 Police Seized Assets Fund $ 34,104 $ - Police Drug Fund $ 20,500 $ 139,403 Grant Fund $ 58,978 $ 9,405,087 Car Rental $ 8,829,652 $ 1,482,972 Glade Parks TIRZ $ 1,136,374 $ - Cable PEG Fund $ 90,600 $ Midtown PID $ 803,338 $ Midtown TIRZ $ 303,691 $ - Water & Wastewater $ 27,715,916 $ 1,906,343 Service Center $ 1,214,657 $ 12,291 Drainage Utility $ 865,556 $ 65,121 Recreation Classes $ 715,036 $ - Arbor Daze $ 80,000 $ - Texas Star Golf Course (TSGC) $ 4,515,970 $ 25,373 Parks at Texas Star (PATS) $ 968,804 $ 262,995 Equip. Replacement $ 4,941,200 $ - Insurance $ 7,577,950 $ 37,925 Risk/WC $ 1,128,664 $ 2,261 General Obligation Debt $ 5,834,998 $ 999,725 Star Center Debt $ 710,470 $ - EDC Debt $ 402,125 $ Water & Wastewater Debt $ 1,212,183 $ TSGC Debt $ 591,715 $ - TOTAL $ 123,528,697 $ 21,098,574 Schedule includes operating and debt funds and excludes CIP and reserve funds. General 36% Proposed FY2022-2023 Operating Capital / Expenses One -Time $ 49,693,014 $ 8,891,334 $ 1,270,988 $ 464,424 $ 28,684 $ 13,371 $ 5,342,175 $ 5,318,985 $ 3,263,018 $ 976,000 $ 49,471 $ - $ 220,000 $ - $ 52,918 $ 635,925 $ 14,587,875 $ 1,482,972 $ 1,138,418 $ - $ 85,400 $ 114,600 $ 337,464 $ - $ 764,199 $ - $ 29,998,143 $ 365,022 $ 1,311,214 $ 58,800 $ 924,646 $ 50,000 $ 425,197 $ - $ 120,000 $ - $ 4,879,599 $ 120,000 $ 987,652 $ 46,000 $ 3,460,252 $ 1,838,500 $ 8,363,240 $ 40,000 $ 1,366,731 $ - $ 7,087,875 $ 165,000 $ 706,470 $ - $ 398,976 $ $ 1,218,796 $ $ 590,894 $ $ 138,673,309 $ 20,580,933 19 General Fund Revenues FY2022-2023 Sales & Uses Taxes Property Taxes 34% 40% / Licenses/Permits 1% Miscellaneous 2% Franchise Fees -- - - 9% Transfers 7% Fines & Fees Interest 7% 0% Proposed FY22 Budget to General Fund Actual Budget Estimated Budget FY23 Proposed Revenues FY 21 FY 22 FY 22 FY 23 $ Diff % Diff. Property Taxes $ 18,082,729 $ 19,162,531 $ 19,514,603 $ 19,774,934 $ 612,403 3% Prior Year Property Taxes $ 25,680 $ 15,000 $ 9,623 $ 15,000 $ - 0% Penalties & Interest $ 84,442 $ 71,400 $ 79,325 $ 80,000 $ 8,600 12% Sales Tax $ 11,781,268 $ 11,530,175 $ 14,269,158 $ 13,308,071 $ 1,777,896 15% Additional Sales Tax $ 3,048,117 $ 2,882,543 $ 3,551,618 $ 3,440,050 $ 557,507 19% Mixed Drink Tax $ 171,687 $ 133,000 $ 193,598 $ 164,558 $ 31,558 24% Electric Franchise $ 1,621,932 $ 1,584,507 $ 1,596,547 $ 1,620,378 $ 35,871 2% Gas Franchise $ 423,674 $ 363,180 $ 525,869 $ 431,092 $ 67,912 19% Telephone Franchise $ 115,516 $ 108,521 $ 98,809 $ 98,809 $ (9,712) (9%) Sanitation Service $ 319,598 $ 316,312 $ 322,721 $ 318,777 $ 2,465 1% Recycling Franchise Fee $ 24,438 $ 25,416 $ 25,570 $ 25,920 $ 504 2% Cable Franchise Fee $ 239,970 $ 200,000 $ 240,317 $ 240,000 $ 40,000 20% W&WW Franchise Tax $ 1,386,465 $ 1,386,264 $ 1,386,264 $ 1,500,138 $ 113,874 8% Other Permits $ 24,913 $ 30,000 $ 27,247 $ 26,330 $ (3,670) (12%) Health Permits $ 86,800 $ 80,000 $ 86,650 $ 86,800 $ 6,800 9% Fire Permits $ 80,516 $ 80,000 $ 76,136 $ 78,766 $ (1,234) (2%) Contractor Regulatory License $ 54,100 $ 60,000 $ 44,700 $ 40,230 $ (19,770) (33%) Minimum Housing $ 125,262 $ 65,000 $ 85,631 $ 65,000 $ - 0% Misc. Permits and Fees $ 52,823 $ 40,300 $ 46,875 $ 45,774 $ 5,474 14% Building Permits $ 1,153,732 $ 300,000 $ 598,295 $ 300,000 $ - 0% Aquatics $ 282,149 $ 243,000 $ 245,000 $ 245,000 $ 2,000 1% Auto Theft Task Force Grant $ 90,033 $ 95,000 $ 95,000 $ 95,000 $ - 0% School Resource Officers $ 341,294 $ 331,350 $ 341,294 $ 341,294 $ 9,944 3% Municipal Court $ 1,670,425 $ 1,342,100 $ 1,689,445 $ 1,626,288 $ 284,188 21% Library Fees $ 12,948 $ 13,000 $ 18,537 $ 14,500 $ 1,500 12% Ambulance Fees $ 904,563 $ 738,000 $ 980,000 $ 900,000 $ 162,000 22% Alarm Revenue $ 107,977 $ 88,325 $ 104,471 $ 106,540 $ 18,215 21% Jail Revenue $ 88,385 $ 730,000 $ 677,756 $ 650,000 $ (80,000) (11%) Interest Income $ 62,639 $ 71,838 $ 36,573 $ 38,402 $ (33,436) (47%) Miscellaneous $ 112,768 $ 92,712 $ 176,045 $ 89,400 $ (3,312) (4%) Tower Lease $ 554,200 $ 545,204 $ 547,169 $ 475,970 $ (69,234) (13%) Betterment/Contributions $ 17,474 $ 15,000 $ 15,000 $ 15,000 $ - 0% Transfers $ 2,246,496 $ 2,641,531 $ 3,372,653 $ 3,505,927 $ 864,396 33% TOTAL REVENUES $ 45,395,013 $ 45,381,209 $ 51,078,499 $ 49,763,948 $ 4,382,739 10% Use of Reserves $ - $ 4,423,783 $ - $ 8,891,334 $ 4,467,551 101% TOTAL RESOURCES $ 45,395,013 $ 49,804,992 $ 51,078,499 $ 58,655,282 $ 8,850,290 18% 20 TAX RATE SCENARIOS As Computed from July 2022 Certified Tax Roll Fiscal Year 2022-23 Revenue at Revenue at Revenue at Fiscal Year 2021-22 No -New -Revenue Rate Proposed Rate Voter -Approval Rate - Total Tax Rate 0.475000 0.433030 0.460000 0.467831 Debt Tax Rate 0.072112 0.089153 0.089153 0.089153 M & O Tax Rate 0.402888 0.343877 0.370847 0.378678 Est. Assessed Valuation (a) $5,306,690,383 $6,001,564,674 $6,001,564,674 $6,001,564,674 Adj. Net Taxable Value Assessed (b) $4,650,258,604 $5,193,568,181 $5,193,568,181 $5,193,568,181 Est. TIF Increment Value (c) 219,683,772 299,126,638 299,126,638 299,126,638 Total Debt $5,834,998 $7,083,954 $7,083,954 $7,083,954 Debt Paid by other Sources ($2,133,612) ($2,140,287) ($2,140,287) ($2,140,287) Taxable Debt Service $3,701,386 $4,943,667 $4,943,667 $4,943,667 Debt Revenue $3,353,394 $4,630,222 $4,630,222 $4,630,222 Ceiling Revenues $200,259 $307,274 $289,259 $284,417 Prior Year Debt Revenue $3,677,039 $3,353,394 $3,353,394 $3,353,394 Increase (Decrease) in Debt Revenue $123,385 $1,584,102 $1,566,086 $1,561,244 M&O Revenue - General Fund $18,043,687 $17,075,290 $18,627,042 $18,948,572 Ceiling Revenues $1,118,844 $1,185,205 $1,203,220 $1,208,062 Total General Fund Tax Revenue $19,162,531 $18,260,495 $19,730,262 $20,156,635 Prior Year M&O Revenue $17,712,859 $19,162,531 $19,162,531 $19,162,531 Increase (Decrease) in M&O Revenue $1,449,672 ($902,036) $567,731 $994,104 Total Increase in Tax Revenue $1,326,287 $682,065 $2,133,817 $2,555,348 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 $299,126,638 and authorized ceiling estimate $508,869,855. (c) TIF = Tax Increment Finance zone increment value increase contracted at 75% ($398,835,517 @ 75% = $299,126,638). Note: Under these circumstances each penny of tax equals approximately $508,970 ($5,193,568,181*.01*.98/100 = $508,970). 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 $0.467831 = Voter Approval Rate of $0.460538 plus Unused Increment Rate of $0.007293 per 2021 Tax Rate Calculation Worksheet Texas Comptroller of Public Accounts. 21 General Fund Expenditures Capital / One -Time FY2022-2023 PACS 15% City Admin 0 Public Works 5% 2 0 Finance 6% Admin SrA. 7% Police 30% Non -Depart. 9% \ Development 1% Fire 22% Proposed FY22 Budget to General Fund Actual Budget Estimated Budget FY23 Proposed Expenditures FY 21 FY 22 FY 22 FY 23 $ Diff % Diff. City Council $ 8,303 $ 26,805 $ 26,805 $ 26,805 $ - 0% City Administration $ 469,304 $ 650,370 $ 650,370 $ 701,861 $ 51,491 8% City Secretary $ 430,903 $ 448,231 $ 448,231 $ 495,231 $ 47,000 10% Comm unications/Marketing $ 7,052 $ 13,600 $ 13,600 $ 20,600 $ 7,000 51 % Total - City Administration $ 915,562 $ 1,139,006 $ 1,139,006 $ 1,244,497 $ 105,491 9% Finance/Budget $ 156,902 $ 188,517 $ 188,517 $ 310,286 $ 121,769 65% Municipal Court $ 688,753 $ 871,801 $ 850,289 $ 901,598 $ 29,797 3% Accounting $ 367,321 $ 389,451 $ 389,451 $ 435,743 $ 46,292 12% Purchasing $ 100,376 $ 106,730 $ 106,730 $ 116,260 $ 9,530 9% Total - Finance $ 1,313,352 $ 1,556,499 $ 1,534,987 $ 1,763,887 $ 207,388 13% Emergency Management $ 54,715 $ 69,498 $ 69,498 $ 69,832 $ 334 0% Police Code Compliance $ 2,005,970 $ 1,988,215 $ 1,988,215 $ 2,129,547 $ 141,332 7% Police Administration $ 1,173,846 $ 1,218,744 $ 1,218,744 $ 1,308,200 $ 89,456 7% Police Patrol $ 6,458,412 $ 6,780,628 $ 6,780,628 $ 7,293,714 $ 513,086 8% Police CID $ 1,833,845 $ 2,021,748 $ 2,021,748 $ 2,309,489 $ 287,741 14% Police Service $ 2,240,335 $ 2,488,152 $ 2,488,152 $ 2,856,314 $ 368,162 15% Police Detention $ 1,545,717 $ 1,575,856 $ 1,575,856 $ 1,399,693 $ 176,163 11% Total -Police $ 15,312,840 $ 16,142,841 $ 16,142,841 $ 17,366,789 $ 1,223,948 8% Fire Marshal/Education $ 579,171 $ 657,949 $ 657,949 $ 685,269 $ 27,320 4% Fire Administration $ 577,630 $ 594,852 $ 594,852 $ 659,160 $ 64,308 11% EMS/Suppression $ 9,459,126 $ 10,594,964 $ 10,594,964 $ 11,420,875 $ 825,911 8% Total -Fire $ 10,6152927 $ 11,847,765 $ 11,847,765 $ 12,765,304 $ 917,539 8% Information Services $ 759,513 $ 865,439 $ 865,439 $ 1,141,520 $ 276,081 32% Human Resources $ 363,838 $ 476,438 $ 476,438 $ 550,071 $ 73,633 15% Facility Maintenance $ 1,073,109 $ 1,102,522 $ 1,102,522 $ 1,229,690 $ 127,168 12% Libra $ 832,553 $ 924,473 $ 924,473 $ 1,002,541 $ 78,068 8% Total - Administrative Services $ 3,029,013 $ 3,368,872 $ 3,368,872 $ 32923,822 $ 554,950 16% Planning & Development $ 328,270 $ 358,075 $ 379,587 $ 473,185 $ 115,110 32% Inspection Services $ 280,152 $ 417,283 $ 417,283 $ 463,924 $ 46,641 11% Total -Development $ 608,422 $ 775,358 $ 796,870 $ 937,109 $ 161,751 21% Recreation $ 593,446 $ 718,119 $ 718,119 $ 757,255 $ 39,136 5% Parks $ 1,360,067 $ 1,565,462 $ 1,565,462 $ 1,726,888 $ 161,426 10% Aquatics $ 98,671 $ 156,025 $ 156,025 $ 156,025 $ - 0% Senior Center $ 166,312 $ 262,206 $ 262,206 $ 273,610 $ 11,404 4% Recreation Admin. $ 69,372 $ 82,189 $ 82,189 $ 90,777 $ 8,588 10% Total -Parks & Comm Srvcs $ 2,287,868 $ 2,784,001 $ 23784,001 $ 3,004,555 $ 220,554 8% Street Maintenance $ 1,352,285 $ 2,842,776 $ 2,842,776 $ 3,007,802 $ 165,026 6% Animal Control $ 314,655 $ 339,997 $ 339,997 $ 418,390 $ 78,393 23% City Engineer $ 71,131 $ 89,529 $ 89,529 $ 94,395 $ 4,866 5% Total - Public Works $ 1,738,071 $ 3,272,302 $ 3,272,302 $ 3,520,587 $ 248,285 8% Legal Services $ 153,723 $ 175,000 $ 175,000 $ 200,000 $ 25,000 14% Non -Departmental $ 5,744,982 $ 4,288,341 $ 4,383,470 $ 4,951,864 $ 663,523 15% Betterment $ - $ 4,600 $ 4,600 $ 14,600 $ 10,000 217% Total - Non -Depart. $ 52898,705 $ 4,467,941 $ 4,563,070 $ 5,166,464 $ 698,523 16% Total Operating Expenses $ 41,719,760 $ 45,354,585 $ 45,449,714 $ 49,693,014 $ 4,338,429 10% Capital/One-Time $ 3,147,039 $ 4,423,783 $ 4,423,783 $ 8,891,334 $ 4,467,551 101% Total Expenses $ 44,866,799 $ 49,778,368 $ 49,873,497 $ 58,584,348 $ 8,805,980 18% 22 Water & Wastewater Revenues FY2022-2023 Wastewater 36% Other (1 ) Recycling 2% Sanitation 1% 1% Penalties Reclaimed Water 1% 3% dater 56% 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 FY22 Budget to Water & Wastewater Actual Budget Estimated Budget FY23 Proposed Revenues FY 21 FY 22 FY 22 FY 23 $ Diff % Diff. Interest Income(') $ 14,991 $ 20,000 $ 20,000 $ 14,226 $ (5,774) (29%) Sanitation $ 260,365 $ 250,000 $ 250,000 $ 250,000 $ - 0% Water Service $ 15,217,265 $ 15,228,659 $ 15,228,659 $ 16,729,757 $ 1,501,098 10% Wastewater Service $ 10,372,836 $ 10,176,428 $ 10,176,428 $ 10,880,226 $ 703,798 7% Reclaimed Water Service $ 696,759 $ 824,282 $ 824,282 $ 883,125 $ 58,843 7% New Meters(') $ 44,436 $ 30,000 $ 20,892 $ 15,000 $ (15,000) (50%) Reconnect Fees(') $ 148,690 $ 135,000 $ 135,000 $ 135,000 $ - 0% Inspection Fees(') $ 231,534 $ 150,000 $ 150,000 $ 150,000 $ - 0% Miscellaneous(') $ 398,986 $ 171,484 $ 171,484 $ 171,484 $ - 0% Penalties $ 90,621 $ 230,000 $ 230,000 $ 230,000 $ - 0% Initiations/Transfer Fees(') $ 30,090 $ 30,000 $ 30,000 $ 30,000 $ - 0% Recycling Fees $ 464,970 $ 479,429 $ 479,429 $ 513,950 $ 34,521 7% Use of Rate Stabilization $ 269,396 $ 287,523 $ 287,523 $ 479,205 $ 191,682 67% Rate Stabilization Rebate $ (269,396) $ 287,523) $ (287,523) $ (479,205) $ (191,682) 67% TOTAL REVENUES $ 27,971,543 $ 27,725,282 $ 27,716,174 $ 30,002,768 $ 2,277,486 8% Use of Reserves $ - $ 1,906,343 $ 1,568,197 $ 365,022 $ (1,541,321) (81%) TOTAL RESOURCES $ 27,971,543 $ 29,631,625 $ 29,284,371 $ 30,367,790 $ 736,165 2% 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: I Proposed Rates: I Meter Size (inches) Monthly Charge Meter Size (inches) Monthly Charge 5/8-3/4 $ 12.75 5/8-3/4 $ 13.75 1 $ 14.90 1 $ 16.07 11/2 $ 20.88 11/2 $ 22.52 2 $ 34.59 2 $ 37.30 3 $ 70.36 3 $ 75.88 4 $ 124.04 4 $ 133.77 5 $ 195.60 5 $ 210.94 6 $ 279.09 6 $ 300.98 Tiered Rates Tiered Rates 0-2 tgals $ 4.21 0-2 tgals $ 4.77 3-8 tgals $ 5.14 3-8 tgals $ 5.70 9-15 tgals $ 5.71 9-15 tgals $ 6.27 16-35 tgals $ 6.24 16-35 tgals $ 6.80 Over 35 tgals $ 6.84 Over 35 tgals $ 7.40 300 per 1,000 (tgals) up to 15 tgals/monthly 500 per 1,000 (tgals) up to 15 tgals/monthly Estimated total refund @ 30¢/tgal $ 287,523 Estimated total refund @ 50¢/tgal $ 479,205 Estimated refund volume in tgals: 958,410 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 gasIrrigation Volume Charge per 1,000 gallons (tgals) Tiered Rates Tiered Rates 0-2 tgals $ 5.47 0-2 tgals $ 6.03 3-8 tgals $ 5.47 3-8 tgals $ 6.03 9-15 tgals $ 5.71 9-15 tgals $ 6.27 16-35 tgals $ 6.24 16-35 tgals $ 6.80 Over 35 tgals $ 6.84 Over 35 tgals $ 7.40 Other Volume Charges per 1,000 gallons gasOther Volume Charges per 1,000 gallons (tgals) Commercial & Multi -family $ 5.47 Commercial & Multi -family $ 6.03 Fire Hydrant & Gas Wells $ 10.73 Fire Hydrant & Gas Wells $ 11.29 Supplemental Irrigation $ 10.73 Supplemental Irrigation $ 11.29 Reclaimed o ume Charge per 1,000 gallons gas Reclaimed o ume Charge per 1,000 gallons (tgals) Non -Boosted $ 2.07 Non -Boosted $ 2.17 Boosted Tiered Rates Boosted Tiered Rates 0-8 tgals $ 4.65 0-8 tgals $ 5.13 9-15 tgals $ 4.85 9-15 tgals $ 5.33 16-35 tgals $ 5.30 16-35 tgals $ 5.78 Over 35 tgals $ 5.81 Over 35 tgals $ 6.29 Construction & Gas Wells $ 9.12 Construction & Gas Wells $ 9.60 24 WASTEWATER SERVICE RATES Current Rates: Proposed Rates: Residential BaseCharge: esi en isBase arge: Base Charge: Base Charge: Within Corporate Limits $ 11.00 Within Corporate Limits $ 12.00 Outside Corporate Limits $ 15.50 Outside Corporate Limits $ 16.50 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 $ 4.53 Outside Corporate Limits $ 4.34 Outside Corporate Limits $ 4.53 Commercial and industrialCharges: Commercial and IndustrialCharges: Base Charge: Base Charge: Within Corporate Limits $ 11.00 Within Corporate Limits $ 12.00 Outside Corporate Limits $ 15.50 Outside Corporate Limits $ 16.50 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 $ 4.53 Outside Corporate Limits $ 4.34 Outside Corporate Limits $ 4.53 25 Water & Wastewater Expenditures FY2022-2023 Non -Depart. 34% Capital / One -Time 1% GIS 3% �\\ \ Finance 2% Public Works Wastewater Treatment 2% 18% r' / ,k Water Distribution 5% Water Production 35% 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 FY22 Budget to Water & Wastewater Actual Budget Estimated Budget FY23 Proposed Expenditures FY 21 FY 22 FY 22 FY 23 $ Diff % Diff. Water Office $ 485,074 $ 497,745 $ 497,745 $ 537,134 $ 39,389 8% Total -Finance $ 485,074 $ 497,745 $ 497,745 $ 537,134 $ 39,389 8% City Engineer $ 318,606 $ 367,117 $ 367,117 $ 381,210 $ 14,093 4% Water Production $ 8,909,436 $ 9,444,589 $ 9,444,589 $ 10,663,831 $ 1,219,242 13% Water Distribution $ 1,313,616 $ 1,552,298 $ 1,552,298 $ 1,644,214 $ 91,916 6% Wastewater Treatment $ 5,377,053 $ 5,239,127 $ 5,239,127 $ 5,537,415 $ 298,288 6% Meter Services $ 68,616 $ 72,695 $ 72,695 $ 69,331 $ 3,364 5% Total -Public Works $ 15,987,327 $ 16,675,826 $ 16,675,826 $ 18,296,001 $ 1,620,175 10% Recycling $ 21,050 $ 40,100 $ 40,100 $ 40,100 $ - 0% GIS/Information Services $ 672,914 $ 703,036 $ 703,036 $ 803,070 $ 100,034 14% Legal Services $ 82,444 $ 85,000 $ 85,000 $ 85,000 $ - 0% Non -Departmental $ 9,108,097 $ 9,714,209 $ 9,545,265 $ 10,236,838 $ 522,629 5% Total -Non Departmental $ 9,884,505 $ 10,542,345 $ 10,373,401 $ 11,165,008 $ 622,663 6% Total Operating Expenses $ 26,356,906 $ 27,715,916 $ 27,546,972 $ 29,998,143 $ 2,282,227 8% Capital / One -Time $ 8,900 $ 1,906,343 $ 1,737,399 $ 365,022 $ 1,541,321 81% Total Expenses $ 26,365,806 $ 29,622,259 $ 29,284,371 $ 30,363,165 $ 740,906 3% 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 21 Budget FY 22 Estimated FY 22 Proposed Budget FY 23 FY22 Budget to FY23 Proposed $ Diff % Diff. Service Center Fund: Revenues $ 1,213,216 $ 1,215,711 $ 1,219,686 $ 1,311,214 $ 95,503 8% Operating Expenses $ 1,253,730 $ 1,214,657 $ 1,214,657 $ 1,311,214 $ 96,557 8% Use of Reserves $ 40,514 $ 12,291 $ 7,262 $ 58,800 $ 46,509 378% Capital / One -Time $ 19,347 $ 12,291 $ 12,291 $ 58,800 $ 46,509 378% Drainage Utility System: Revenues $ 850,322 $ 923,966 $ 920,638 $ 928,949 $ 4,983 1 % Operating Expenses $ 834,525 $ 865,556 $ 865,556 $ 924,646 $ 59,090 7% Use of Reserves $ - $ 65,121 $ 10,039 $ 50,000 $ (15,121) (23%) Capital/One-Time $ 100,000 $ 65,121 $ 65,121 $ 50,000 $ (15,121) (23%) Recreation Classes: Revenues $ 323,167 $ 783,027 $ 446,761 $ 479,366 $ (303,661) (39%) Operating Expenses $ 281,163 $ 715,036 $ 390,000 $ 425,197 $ (289,839) (41%) Use of Reserves $ - $ - $ - $ - $ - 0% Capital / One -Time $ - $ - $ - $ - $ - 0% Arbor Daze: Revenues $ 21 $ 25,689 $ 25,973 $ 120,000 $ 94,311 367% Operating Expenses $ - $ 80,000 $ 80,000 $ 120,000 $ 40,000 50% Use of Reserves $ - $ 54,311 $ 54,027 $ - $ (54,311) (100%) Capital / One -Time $ - $ - $ - $ - $ - 0% Texas Star Golf Course: Revenues $ 4,561,931 $ 5,463,868 $ 5,463,868 $ 4,926,715 $ (537,153) (10%) Operating Expenses $ 4,242,161 $ 4,515,970 $ 4,515,970 $ 4,879,599 $ 363,629 8% Use of Reserves $ - $ 25,373 $ - $ 120,000 $ 94,627 373% Capital / One -Time $ - $ 25,373 $ 25,373 $ 120,000 $ 94,627 373% Parks at Texas Star: Revenues $ 1,074,077 $ 1,062,030 $ 1,060,524 $ 1,100,574 $ 38,544 4% Operating Expenses $ 860,517 $ 968,804 $ 968,804 $ 987,652 $ 18,848 2% Use of Reserves $ - $ 262,995 $ 262,995 $ 46,000 $ (216,995) (83%) Capital / One -Time $ - $ 262,995 $ 262,995 $ 46,000 $ (216,995) (83%) 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 21 Budget FY 22 Estimated FY 22 Proposed Budget FY 23 FY22 Budget to FY23 Proposed $ Diff % Diff. Hotel/Motel: Revenues $ 1,183,133 $ 583,140 $ 1,514,421 $ 1,514,579 $ 931,439 160% Operating Expenses $ 550,125 $ 579,211 $ 753,232 $ 1,270,988 $ 691,777 119% Use of Reserves $ - $ 75,000 $ - $ 464,424 $ 389,424 519% Capital / One -Time $ 3,025 $ 75,000 $ 75,000 $ 464,424 $ 389,424 519% Juvenile Case: Revenues $ 44,016 $ 43,522 $ 46,007 $ 46,031 $ 2,509 6% Operating Expenses $ 84,511 $ 57,381 $ 57,381 $ 28,684 $ (28,697) (50%) Use of Reserves $ 61,281 $ 16,256 $ 14,259 $ 13,371 $ (888) (5%) Capital / One -Time $ 20,786 $ 16,256 $ 2,885 $ 13,371 $ 10,486 65% EDC %0 Sales Tax: Revenues $ 6,191,859 $ 5,877,968 $ 7,256,209 $ 7,008,599 $ 1,130,631 19% Operating Expenses $ 3,958,503 $ 4,912,583 $ 4,922,258 $ 5,342,175 $ 429,592 9% Use of Reserves $ - $ 1,804,804 $ - $ 5,318,985 $ 3,514,181 195% Capital/One-Time $ 279,392 $ 1,804,804 $ 1,099,897 $ 5,318,985 $ 3,514,181 195% CCPD %0 Sales Tax: Revenues $ 3,037,664 $ 2,887,027 $ 3,564,617 $ 3,471,916 $ 584,889 20% Operating Expenses $ 2,056,294 $ 2,872,456 $ 2,872,456 $ 3,263,018 $ 390,562 14% Use of Reserves $ - $ 439,235 $ - $ 976,000 $ 536,765 122% Capital / One -Time $ 82,633 $ 439,235 $ 439,235 $ 976,000 $ 536,765 122% Police Seized Assets Fund: Revenues $ 96 $ 100 $ 414 $ 435 $ 335 335% Operating Expenses $ 21,515 $ 34,104 $ 34,104 $ 49,471 $ 15,367 45% Use of Reserves $ 21,419 $ 34,004 $ 33,690 $ 49,036 $ 15,032 44% Capital / One -Time $ - $ - $ - $ - $ - 0% Police Drug Fund: Revenues $ 122,383 $ 20,500 $ 71,358 $ 36,336 $ 836 4% Operating Expenses $ 23,972 $ 20,500 $ 20,500 $ 220,000 $ 199,500 973% Use of Reserves $ - $ 139,403 $ 88,625 $ 183,664 $ (139,403) (100%) Capital / One -Time $ 27,812 $ 139,403 $ 139,483 $ - $ (139,403) (100%) Grant Fund: Revenues $ 387,726 $ 5,255,951 $ 10,536,442 $ 52,918 $ (6,060) (0%) Operating Expenses $ 387,150 $ 58,978 $ 143,147 $ 52,918 $ (6,060) (10%) Use of Reserves $ - $ 5,196,973 $ - $ 635,925 $ - 0% Capital / One -Time $ - $ 9,405,087 $ 9,405,087 $ 635,925 $ - 0% Car Rental Tax: Revenues $ 13,069,038 $ 12,903,494 $ 19,447,516 $ 17,661,183 $ 4,757,689 37% Operating Expenses $ 9,517,138 $ 8,829,652 $ 13,919,046 $ 14,587,875 $ 5,758,223 65% Use of Reserves $ - $ 1,482,972 $ - $ 1,482,972 $ - 0% Capital / One -Time $ 853,558 $ 1,482,972 $ 1,000,000 $ 1,482,972 $ - 0% Glade Parks TIRZ: Revenues $ 1,929,046 $ 1,867,021 $ 1,867,127 $ 2,134,976 $ 267,955 14% Operating Expenses $ 1,138,167 $ 1,136,374 $ 1,136,374 $ 1,138,418 $ 2,044 0% Use of Reserves $ - $ - $ - $ - $ - 0% Capital / One -Time $ - $ - $ - $ - $ - 0% Cable PEG Fund: Revenues $ 89,894 $ 91,000 $ 85,980 $ 86,029 $ (4,971) (5%) Operating Expenses $ 109,105 $ 90,600 $ 115,600 $ 85,400 $ (5,200) (6%) Use of Reserves $ 19,211 $ - $ 29,620 $ 114,600 $ 114,600 0% Capital / One -Time $ - $ - $ - $ 114,600 $ 114,600 0% 28 Special Revenue Funds Actual FY 21 Budget FY 22 Estimated FY 22 Proposed Budget FY 23 FY22 Budget to FY23 Proposed $ Diff % Diff. Midtown PID: Revenues $ 982,170 $ 803,338 $ 803,338 $ 338,105 $ (465,233) (58%) Operating Expenses $ 984,555 $ 803,338 $ 803,338 $ 337,464 $ (465,874) (58%) Use of Reserves $ 2,385 $ - $ - $ - $ - 0% Capital / One -Time $ - $ - $ - $ - $ - 0% Midtown TIRZ: Revenues $ 370,479 $ 697,981 $ 697,981 $ 933,048 $ 235,067 34% Operating Expenses $ 100,009 $ 303,691 $ 303,691 $ 764,199 $ 460,508 152% 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 %0 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) '/40 Sales Tax Fund is used to account for %0 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 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. Internal Service Funds Actual FY 21 Budget FY 22 Estimated FY 22 Proposed Budget FY 23 FY22 Budget to FY23 Proposed $ Diff % Diff. Equipment Replacement: Revenues $ 4,472,879 $ 5,119,858 $ 5,119,858 $ 9,271,331 $ 4,151,473 81% Operating Expenses $ 2,087,929 $ 4,941,200 $ 3,102,699 $ 3,460,252 $ (1,480,948) (30%) Use of Reserves $ - $ - $ - $ - $ - - Capital / One -Time $ - $ - $ - $ 1,838,500 $ 1,838,500 0% Insurance: Revenues $ 7,563,314 $ 7,587,950 $ 7,587,950 $ 8,377,974 $ 790,024 10% Operating Expenses $ 7,636,302 $ 7,577,950 $ 7,577,950 $ 8,363,240 $ 785,290 10% Use of Reserves $ 72,988 $ 37,925 $ 37,925 $ 40,000 $ 2,075 5% Capital / One -Time $ - $ 37,925 $ 37,925 $ 40,000 $ 2,075 5% Risk/WC Management: Revenues $ 1,015,922 $ 1,128,989 $ 1,128,989 $ 1,438,359 $ 309,370 27% Operating Expenses $ 892,159 $ 1,128,664 $ 1,128,664 $ 1,366,731 $ 238,067 21% Use of Reserves $ - $ 2,261 $ 2,261 $ - $ (2,261) (100%) Capital / One -Time $ 162,825 $ 2,261 $ 2,261 $ - $ (2,261) (100%) 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 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 21 Budget FY 22 Estimated FY 22 Proposed Budget FY 23 FY22 Budget to FY23 Proposed $ Diff % Diff. General Obligation Debt Revenues $ 8,162,614 $ 5,778,690 $ 5,871,279 $ 7,153,579 $ 1,374,889 24% Operating Expenses $ 7,684,717 $ 5,834,998 $ 5,834,998 $ 7,087,875 $ 1,252,877 21% Use of Reserves $ - $ 999,725 $ 999,725 $ 165,000 $ (834,725) (83%) Capital / One -Time $ - $ 999,725 $ 999,725 $ 165,000 $ (834,725) (83%) Star Center Debt Revenues $ 712,948 $ 710,470 $ 740,895 $ 707,621 $ (2,849) (0%) Operating Expenses $ 712,945 $ 710,470 $ 710,470 $ 706,470 $ (4,000) (1%) Use of Reserves $ - $ - $ - $ - $ - 0% EDC Debt Service Revenues $ 394,608 $ 402,125 $ 402,387 $ 399,131 $ (2,994) (1%) Operating Expenses $ 394,725 $ 402,125 $ 402,125 $ 398,976 $ (3,149) (1%) Use of Reserves $ 117 $ - $ - $ - $ - 0% Water & Wastewater Debt Revenues $ 1,220,326 $ 1,212,183 $ 1,212,183 $ 1,218,796 $ 6,613 1% Operating Expenses $ 1,218,172 $ 1,212,183 $ 1,212,183 $ 1,218,796 $ 6,613 1% Use of Reserves $ - $ - $ - $ - $ - 0% Texas Star Golf Course Debt Revenues $ 594,159 $ 591,715 $ 591,742 $ 590,912 $ (803) (0%) Operating Expenses $ 592,653 $ 591,715 $ 591,715 $ 590,894 $ (821) (0%) Use of Reserves $ - $ - $ - $ - $ - 0% 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 '/20 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 Full -Time Personnel Counts FY 20/21 FY 21/22 FY 21/22 FY 22/23 I ACTUAL BUDGETED ESTIMATED BUDGETED I CITY ADMINISTRATION 3.00 A 3.60 3.60 3.50 CITY SECRETARY 3.50 3.50 3.50 3.50 Total City Administration 6.50 7.00 7.00 7.00 FINANCE/BUDGET 1.50 1.50 1.50 L 2.50 MUNICIPAL COURTS 7.75 B 8.25 8.25 G K 7.75 ACCOUNTING 3.50 3.50 3.50 3.50 PURCHASING 1.00 1.00 1.00 1.00 Total Finance 13.75 14.26 14.26 14.76 POLICE CODE COMPLIANCE 16.00 16.00 16.00 16.00 POLICE ADMINISTRATION 7.00 7.00 7.00 7.00 POLICE PATROL 49.00 E&D 49.00 49.00 H 48.00 POLICE CID 14.00 14.00 14.00 1 16.00 POLICE SERVICE 21.00 21.00 21.00 1 22.50 POLICE DETENTION 17.00 17.00 17.00 1 13.50 Total Police Department 124.00 124.00 124.00 123.00 FIRE MARSHAUEDUCATION 4.00 4.00 4.00 4.00 FIRE ADMINISTRATION 4.00 4.00 4.00 4.00 EMS/SUPPRESSION 67.00 D 70.00 70.00 70.00 Total Fire Department 76.00 78.00 78.00 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 8.60 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 G 3.50 INSPECTIONS SERVICES 4.00 4.00 4.00 4.00 Total Planning & Development 6.50 6.60 6.50 7.50 RECREATION 5.50 5.50 5.50 6.50 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 19.60 19.60 19.50 19.50 STREET MAINTENANCE 11.50 11.50 11.50 F 13.50 ANIMAL CONTROL 3.00 3.00 3.00 J 4.00 CITY ENGINEER 1.00 1.00 1.00 1.00 Total Public Works 15.50 15.50 15.50 18.50 TOTAL GENERAL FUND 278.25 282.25 282.26 286.76 EDC - PARKS 13.25 13.25 13.25 F 14.25 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 24.26 24.26 25.26 WATER OFFICE 5.00 5.00 5.00 5.00 Total Finance 6.00 5.00 5.00 5.00 W&S ENGINEERING 3.00 3.00 3.00 3.00 WATER PRODUCTION 6.76 5.75 5.75 5.75 WATER DISTRIBUTION 7.25 C 8.25 8.25 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 26.00 26.00 26.00 INFORMATION SERVICES 4.00 4.00 4.00 4.00 W&S NON-DEPT. 9.50 A 10.00 10.00 10.00 Total Non -departmental 13.50 14.00 14.00 14.00 TOTAL W&S FUND 43.50 45.00 45.00 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 11.76 11.76 11.75 JUVENILE CASE FUND 1.25 B 0.75 0.75 K 0.25 CRIME CONTROL FUND 15.00 E 18.00 18.00 H 19.00 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 32.25 34.76 34.76 35.25 rnrwr wr r yr wnc nnn nn oeo nn aeo nn wn� nn B) Split Juvenile Case Clerk between General Fund and Juvenile Case Fun, H) Transferred 1 Police Officer from General Fund to CCPD C) Added 1 Public Works Field Tech in Water & Wastewater Fund I) Transferred 3.5 positions from Detention to CID and Services D) Added 3 Police Officers and 3 Fire Fighter/Paramedics In General Fund J) Converted Part Time to Full Time E) Transferred 3 Police Officers from General Fund to CCPD K) Transferred 0.25 Juvenile Case Manager and 0.25 Court Clerk to General Fund F) Added FT Field Tech(s) Q Funded Internal Audit Position as Accountant II K�� Outstanding Indebtedness Principal Amount of Paying Remaining Description Dated Amount Original Maturity Agent Interest Rate Outstanding Issuance General Obligation Refunding Bonds, Series 12/1/2011 $ 1,055,000 $ 5,955,000 U.S. Bank Trust 3% to 4% 2/15/2024 2012 Company, NA** Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 1/15/2011 $ 1,600,000 $ 3,035,000 Company, NA** 4% to 4.25% 8/15/2030 Obligation, Series 20111 Tax & Waterworks & Sewer System (Limited Pledge) Revenue Certificates of 10/15/2014 $ 4,225,000 $ 5,715,000 U.S. Bank Trust 3% to 5% 8/15/2034 Company, NA" Obligation, Series 20141 Tax & Waterworks & Sewer System (Limited Pledge) Revenue Certificates of 10/27/2015 $ 2,390,000 $ 3,030,000 U.S. Bank Trust 3% to 5% 2/15/2035 Company, NA** Obligation, Series 20151 Tax & Waterworks & Sewer System (Limited Pledge) Revenue Certificates of 1/12/2016 $ 13,935,000 $ 16,450,000 U.S. Bank Trust 2 25%to 4% 2/15/2041 Company, NA** Obligation, Series 20161 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 3/1/2018 $ 7,910,000 $ 9,180,000 3% to 4% 2/15/2038 Obligation, Series 2018' Company, NA" Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 1/15/2019 $ 10,730,000 $ 11,785,000 Company, NA** 3%to 5% 2/15/2039 Obligation, Series 2019 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 1/14/2020 $ 6,575,000 $ 7,115,000 Company, NA** 2% to 3.5% 2/15/2040 Obligation, Series 2020 Tax Notes Series 2020 6/25/2020 $ 375,000 $ 1,110,000 UMB Bank 1.07% 2/15/2023 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 4/8/2021 $ 5,195,000 $ 5,360,000 Company, NA" 1.625%to 4% 2/15/2041 Obligation, Series 2021 Tax Notes Series 2021 4/8/2021 $ 1,120,000 $ 1,625,000 U.S. Bank Trust 4.00% 2/15/2024 Company, NA" Taxable General Obligation Refunding 8/15/2010 $ 1,955,000 $ 8,110,000 U.S. Bank Trust 4% to 4.4% 8/1/2025 Bonds, Series 2010? Company, NA** General Obligation Refunding Bonds, Series 11/ 1/ 2012 $ 2,775,000 $ 7,185,000 U.S. Bank Trust 2%to 2.625% 2 15 2027 // 2012A3 Company, NA** Waterworks & Sewer System Revenue Refunding Bonds, Series 201Y 3/29/2012 $ 275,000 $ 3,340,000 Bank of Texas 2.03% 7/15/2024 Waterworks & Sewer System Revenue 6/25/2013 $ 1,010,000 $ 1,585,000 U.S. Bank Trust 3.625% to 5% 7/15/2033 Bonds, Series 2013° Company, NA** Waterworks & Sewer System Revenue 8/5/2015 $ 3,145,000 $ 4,685,000 U.S. Bank Trust 0.8% to 1.98% 7/15/2035 Bonds, Series 2015A° Company, NA** Waterworks & Sewer System Revenue 8/5/2015 $ 1,660,000 $ 2,380,000 U.S. Bank Trust 0.5% to 1.68% 7/15/2035 Bonds, Series 20150 Company, NA** Waterworks & Sewer System Revenue 4/12/2018 ` $ 2,270,000 $ 2,785,000 U.S. Bank Trust D 24% to 1.49% 7/15/2038 Bonds, Series 2018° Company, NA** Waterworks & Sewer System Revenue 4/25/2019 $ 8,475,000 $ 9,275,000 U.S. Bank Trust 0.29%to 1.66% 7/15/2049 Bonds, Series 2019 Company, NA** Euless Development Corporation, Sales Tax 10/15/2018 $ 1,380,000 $ 1,635,000 U.S. Bank Trust 3% to 4% 9/15/2038 Revenue Bonds, Series 2018 Company, NA** Euless Development Corporation, Sales Tax 12/12/2019 $ 3,645,000 $ 4,120,000 U.S. Bank Trust 2 5% to 4% 9/15/2039 Revenue Bonds, Series 2019 ` Company, NA" AXON Enterprise, Inc. Lease 10/25/2018 $ 143,796 $ 674,906 ON 3% Imputed 2/7/2023 Enter rise, Inc. 1 Proposed Indebtedness Proposed Anticipated Proposed Description Issuance Proposed Payment Issuance Proposed Amount Sale Type Source Date Term Tax Notes Fire Station #2 Construction $ 7,600,000 Competitive Property Tax August 2023 7 Year Sale 1 Bonds paid by Tax Increment Financing District and s Bonds partially paid by Tax Increment Financing District and Public Public Improvement District. Improvement District. z Bonds paid by rental income from Stars Center. • Change date to reflect date on Official Statement. 3 Remaining Bonds paid by Texas Star Golf Course. `• 2022 Successor Paying Agent ° Bonds paid by Water & Wastewater user charges. 33 N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N O O N N N N N ZZ U. W W NN NNNNN NNNNM W W W W W W W W W W W 0 WN V'MMM 00000000 �M W W W W W W WM W 000ir)tp 0000000N I - CO CO Mt-MMO O W W W 00 MwC)U)0"r-hh 0 W W tl-tl-t-I-NNN(0(O(00a)0)Cl) W 0000--- N W(C)ln W W Cl) C))ON�(O W N� (O(D0N())a) W W 0000 V• 'IT V•00 CO (O WLOLOI-MM MMI- M M 0 W V' V' NM V'(OW �MhOMt�NW.-t�MO(O V• V•rW-00 ON NI - NM vM W V)W0MM0 N N M C4 C6 'i n r r-: 06 06 06 00 69 V> V) Vi Vi V) 691 V) V) V) 69 69 V3• V) Vi V) V) V) co (4 69 69 69 69 69 V) V) V) Vi V) V) V) V9 69 69 (fl V) V) 0% Vi V3 V) 'W O V•0000000000�-tg0000000001�00(OOMOW N000 0000 W O �N V'00 W 000M000 to O to 000000N W 0 W 0 0 W 0r� W 00 O W OONO L y M M It to O (O () O 0 t` 0 0 0 0 M 0 W O O O to 0 0 IT 0 0 It W O M 0 0 0 M 0 0 N CO O O N O :.H M(O ON to WN V'tn ML6 MO M h OW 000 to OO V•I`(n V'M& 6 N(O to MO V' M t` WWO �O It 00 W(O t- t- O M M V'W 0 0 W N (OM(O .- OO V: —V•t-W e-N a M U. 64696969.64)1619164 V)64V)V)Vab964(flEA69ViwV)V)V)fflWi(AVi64Vj6A6469W,ViV)ViV> 61)64Y>61369w mm�om�om c c c c c c .ii E E E E E E E 1- - - am �,coc�a� om om aro om m o om um vmm am o um o a�a�a�a�da� a) ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ .- ._ .- ._ .- ._ .- ._ ._ ._ ._ ._ ._ - ._ ._ :- ._ .- ._ ._ ._ ._ ._ ._ ._ a a a a a a pa,aaa0.aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa aaaaaa M M ca co M M M M M M M M M M M M M M M Co co M M M M M M M M M M M M M M M 0 0>>>> � aE-:UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU (ncn(ncncncn N N N ) a LL LO o 0 o m U a)m 06 E rn rn a�Ei m o n C °� 2 c L V) c E da co m U E Y a) U w D a) M N N m M 0 C C O) fa C U1 a N .c N a) N C a) c 3: °- 4)) -o - a�ci V a °)o � E a m -o � E o o otY m rn o E c E m o c a) —0 m o tea? m M E (oi m a? a Nz 0E,c a?o cO)M M a M >(n0)0' c (0a)rn ccn cw c co 0•` 0)aW a Q am a0 M a) o a a) o M c a) o a) c MU) N Q�Z M ;� N •=� om�•o� O 0 05 m_ (n _M u� ai M c E E� u `� m e a) �Q m� U a) � 0 0 aL) 6 4) c �rnL a) M c c O vi��LL o aoi o(n M 0 m� c E °c)�g -� m. iL a)o- 0 C= o M a) M I]. M ;, o o M M (n L 0'o U o o c.c m v cu L 0 aa) C a E c c a c ao rn U M a o O 0 O N c v c a c M o w= 0 fn O 0 a co Q c y O c fn c N 0 ai cn= maw EQa� m� °) aN o.c aai o om Nn. �)° Z ma �0 c mad o N� �•� a�oi dom'mM a) a�a3U •-0) 0LUU n. jWQU=U°mmUw M otSmc cUmo a) O O a) +.HJ 0 G Mg TC M c o am) U aciC� a)» a�� z3= c o o E�ii z o �. E.= =�UUU TU Lv °) aai o C cw o L M L c a) a) �72 o c)00 � � a)�� c M� M L a> >w M0ii L2 a)� M ,m��(n�� p(nii 0 a)� o uoi - `a) m �.� 4?U o v,= o mmm° Y a�U a)� c c� M v, a3 3 w M ��r M m� 3 0� o L �C9oa00 §a)mmaci.�ma=moaa))0aa) 0)mmm��mmacioo�`)c Eo�baoic a'Oaa(n(n�=(nE-iil��oNmF-U�=zI�IYF-c9H�UUHH(n�Ua�Q i=UU�(nw 06 m m m m m m m m m m m m— m m m m m m m m m m-- m m m m m m m m m m m --- m m m c C C C C cccc cocC L L L L L L L L L L L L L L L L L }� �a)Ma)a)mMa)ma)a)ma)a)a)a)a)a)a)ma)a)a)a)a)Ma)Ma)a) a) a)a ca) C C U. a)a)a)a)a)a)a)a)a)a)a)a)Mmma)a)ma)a)Mma)a)a)ma)a)mmma)Ma)Ma) a)a)a)ma)m CL V cMi a) E N (n V N N a !n O to fA p o w� w� o o o .o o °� Z c o M Z o c c c U c c Z c c Z> Z Z m a) a) c w M a) M a) M a) a) a) a) +� = CO E cn- Z (n o= E = E E a, E E N(0 E E(n 0 00U) u, o cnininin C •v im c •C Y u Ya c U v .v •C If 0) 'C c 'C 'f= c '6 U c Y U c c c m M M o M o Co a) o M M M M M M M M o O M Co o o °� 0 0 o O o IL IL • CL LL m Ii a li a a C a s > a a :,_. � 0).2 m � m () N N _a a) 0 0 M N N> m 0 0 M _a C M a m m m NN°ti(n 0� o v�(n0 u°�o(n°�oo�oo a Eoo (� o•= u (n.�.2 E E G a) N = N c U N c c c c .a 0 c c€ = c o _Z U c- LO O ELo 'af ._ ._ O N Q ._ N �•- O O Q '- ._ `�- O O Q O O O O '�- O O v- >> fo w. O Q>> `+- °- v- o EMQ.U.CLiz .L �zat>_aUEiz c2Iizn.ILzzUzzaSzz =a2a5a a2as5 c 34 =a d O V) V) V) V) U) y U) u1 uJ V1 V) V1 V) V) V) u1 V) V1 U) U) N V] VJ N U) N V) V) V) U) V) z o a) N a) o o 0 o a) a) a) m a) a) a) a) a) a) a) a) a) a) a) m a) a) a) a) 0) a) a) a) N a) a) ,'..0 } } } } } Z Z Z } } } } } } } } } } } } } } } } } } } } } } } } } } } r:;{L 0000(O0)m MM 00It 00700 m m m m m m m m m m m m w N 00 O O O 0 0WNOV�m MmOmOOOOOOowmwOwoo 00V -n Ln0NCO 0m(O I,-t` M(0000000 M M L)(n(O(0 r 1� 1- O V' L m(0 d• O O O 0004LO040)04DOM —(D(O •-M(D— (0— (O(0(O—M V 1-P-r (O r- O O 0 0 —NMM't I�t(D V• .- N CO LO(0000 �(0 m N I-(O(O m .- — 0 N N (6 V> 69 Vi V> 69 69 Eli V> V) 69 69 69 V> 64 V> V> V) En V> V> V> V> 69 V> 69 69 V> 69 V) V> 69 61). 69 69 V> N 00000Cl) 0It0 0014, O m 00000000000000 m N 00 O O O 0 M rt 0MIS V' 0 0 0 N OI�OO OOOOONOOOOOOh N 00 0 O O O NMNm-1(OM(() 000(0 O rt U) O O O O O O L° 0 C OCc LO .- m 0C O O O C /� ►-'(A Cl0Nm cF0)0011, 1-0(0 MMNOO(00(V 000 Lo(00 a)(MCl) LO (00 It O O O i� O LoMm (o N(fl d' .-LOm —NMLO0 t L0000LO Mm a) It w —W O O O M .--— —NNNMM M'IT Wm m .- — O a - LL Efl 69 609 V> 69 EF) (fl U) (fl V> V> 69 V> Q)> (fl 69 Efl Efl V> U> W9 69 tf> 69 (fl Vi Efl 69 (fl V> 69 (A Er> V> V> c c c c c c c c c c i.i E E E E E E E E E E M L° 00AA? A2 A? A? mW�o �a�a�vmmm -ffi W �ommmmm W W m N ;rnm aaaaaaaa .. ... ... ..... w .e Q a -� 0>> C Q C>> m m ma m m 0. 0. 0. N o (D (aa m N 0.(O N Q. 0.a m� � m N m al-coU)U)(n(0U)U) n UUU UUUUUUUUUUUUUU000 (n UU (n U U U N N O N _o O J O m rn E LLC 0 U N s Q a T > @ a N v o LL o' 0 0(n a� o Q. N d a)cr v c ; o �cocU aa))ocL > '� 00 0 '06 C W V 00NO j O O Z Q c c @ m > a) m m U U o E c (a) LL E E 0 a�m2 LU0= m•`nC(n E m rn= m a`) °� o�z O , Eo ° h Q� m m CL E Ca c o o c a) a a o Cl)> .S m c m M �- ° a a) a 1°� o in coU a) d Q c o U-m m > c o (n °- a a) ry <`a o m a) > r U i U U E ) CuoiL-L cU°E Tcc w3' E �mJ m aswoa)� - o� o a) Q U a� a� a�o m(n 0) m (i 30 �U XYv a) cQ c `m _ amQY c o iF T °c0 a o==� o �H��UQ °I�o°X a c rna °' c o w e �,an o m c� o a v o0 CL a.a-aoaaaaa'� m ca °c a' a d� ro06 M a) a 0 W ° c000 rnUUUwUUUUUW U)U U a a U D U U o o = U o 0 0 0� o 0 0 0 0 0 0 0 0 0 o y ° ° o A E 0 Off :F, U N ao- >> U w w� .0 �.�o- v� u� v0 vo--. w J J w W � C ` a ,� pco 10 V) -° V] V) V) J V) V) V) U) u) V) V) V) U1 V) fn V) V) '^ cQOLL=3 'EEo. E°m _��mmommmmm� mmm vim v m O N O C J O o J IL /_I aN0- QQ =L--f- DOQf-I-W F-F-HHHHI--•I-- Hf-F- (L JI--� r V D C 0 0 r0-UL }I c a) a) W a) N a) a) a) 222 UUUUUUUUUUUUUUUUU U as d 2) ■� o c c c c c c c c 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 w° m w w a) a) o m �, �, �, wwwwwwwwwwwwwwwww w UU U Q m U C9 C9 C9 C9 C9 C9 C7 0 0 0 U 0 c N E a ° mho �o �ammmmmmmm�oma > c c c c c c c c c c c c c c c c N = a) a) a) a) = N a) N a) N a) N N N a) a) a) = E E E E= E E E E E E E E E E E E d 000Vod(Uvo mmm mmmmmmmmmmmmmm coo m 0)LL LL as aaLL aaaaaaaaaao. a 'S a c a) a) a) m N a) N a) a) N N a) a) a) a) m 0 0- •9'E - C� 0 0 U Z Z'0 0 °� 00000000000 W a) o a) a) a) 0) n p n c c a) •—p a) c c L)c c 0) c c c c c c c c c c C L)do°°°m°o.°o °oo Q;oQooa)0000000000o Q o0 0 0 0 o 0 O o.o.o.2a.tio. LLLZZ o.._I_)ZZLLZZZZZZZZZZZ n o- a. (L a o- z 35 (n fn fn (0 O u) (n co N N N N 0) () 0) 0) N 0) 0) 0) N N 0) 0) 'LL U) O O 00 O 00 O O O O O N O O I- d' 00 O O O O O O) (C C C (0 00 00 O O O O O :. U) rP O (0 (n 0) 00 O O (0 O O C Cl) LO 0) M U) O U) V' CN d' O U) (fi (fl (fi W 69 (A (fl w (ii EA U3i ER U) O O 00 O 00 O O O O O (V O O 1- It O O O O O O O 4' C O O O (O 00 O O O O O O 0 Ui It O (O U) d7 0) O O (0 O O I0 � LO [h M IT N rt O to d ' . V c " a2 � g � B B a, Q, a a a'a a 'a'a 'a 'a 'a 'a 'a .. �, m (o m m m m m m m m m at- U U UU cn U U U U U U U N N O � p p _ co ,w O Y/ t L N m m LO a a a 0 (n (n NCN to N C d d > LL T T W O + U c E C 0) Q L) O 0) > �' 0) C N E 0) m O a)M N a.c m m O N > N U W N m 0 f6 U 0) C �O a)U Q Q 0 O Cl)fCL O Cl)o CL CL o> M U m rn m m m p U U U j 0 C E 0) S m o 0 0 o CL U o -o m (�a — o O O w m d a� n- a� U Y Y 0 G C C m (`0 00 = 0 O U U (�6 N N G a 0 U- � � in U)i= H LL w 08 �; w a) c m m m w °cc c a O (mm m m UU fl m U) U m 0) z CL En a> a) U)in m goo �o F -io- F, a a) 4) a) c a) a) c v v vY mm V- It v 0 OQi w 10 U U a s a D U U 0 U 0 N d: O O O> > N N O O Q O � a z z z a CL (n (n z z a z = 36 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 FY21 FY22 FY23 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: $ 2,438 $ 3,050 $ 3,550 37 2022 Tax Rate Calculation Worksheet Taxing Units Other Than School Districts or Water Districts City of Euless, Texas (817)685-1400 Taxing Unit Name Phone (area code and number) 201 N Ector Drive Euless, Texas 76039 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 District 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 preparation and adoption. 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 that would produce the same amount of taxes (no new taxes) if applied to the same properties that are taxed in both years. When appraisal values 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. 4. 5. 6. 7. 2021 total taxable value. Enter the amount of 2021 taxable value on the 2021 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 undisputed value in Line 6).This total includes the taxable value of homesteads with tax ceil- ings (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).' $ 5,066,880,217 2021 tax ceilings. Counties, cities and junior college districts. Enter 2021 total taxable value of homesteads with tax ceilings. These include the homesteads of homeowners age 65 or older or disabled. Other taxing units enter 0. If your taxing unit adopted the tax ceiling provision in 2021 or a prior year for homeowners age 65 or older or disabled, use this step.' $ 472,358,053 Preliminary 2021 adjusted taxable value. Subtract Line 2 from Line 1. I $ 4,594,522,164 2021 total adopted tax rate. 2021 taxable value lost because court appeals of ARB decisions reduced 2021 appraised value. A. Original 2021 ARB values: ............................................................................ $ B. 2021 values resulting from final court decisions: ............................. .. . ..................... . $ C. 2021 value loss. Subtract B from A' 2021 taxable value subject to an appeal under Chapter 42, as of July 25. A. 2021 ARB certified value: .......................................................................... B. 2021 disputed value: ............................................................................... C. 2021 undisputed value. Subtract B from A. ° 2021 Chapter 42 related adjusted values. Add Line 5C and Line 6C. ' Tex. Tax Code 4 26.012(14) ' Tex. Tax Code 4 26.012(14) 'Tex. Tax Code 4 26.012(13) 4 Tex. Tax Code 4 26.012(13) $ 0.475000 /$100 934,158,535 854,591,775 $ 79,566,760 $ 188,608,428 _$ 0 $ 188,608,428 9RR.175.1 RR 38 Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division For additional copies, visit: comptroller.texas.gov/taxes/property-tax 50-856 • 5-22/9 2022 Tax Rate Calculation Worksheet- Taxing Units Other Than School Districts or Water Districts Form 50-856 B. 2021 taxable value, adjusted for actual and potential court -ordered adjustments. Add Line 3 and Line 7. $ 4,862,697,352 9. 2021 taxable value of property in territory the taxing unit deannexed after Jan.1, 2021. Enter the 2021 value of property in deannexed territory. 5 $ 0 10. 2021 taxable value lost because property first qualified for an exemption in 2022. 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 2022 does not create a new exemption or reduce taxable value. A. Absolute exemptions. Use 2021 market value: ......................................................... $ 0 B. Partial exemptions. 2022 exemption amount or 2022 percentage exemption times 2021 value: ...................................................................................... + $ 18,677,370 C. Value loss. Add A and B. 6 $ 18,677,370 11. 2021 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 2022. Use only properties that qualified in 2022 for the first time; do not use properties that qualified in 2021. A. 2021 market value: ................................................................................... $ 0 B. 2022 productivity or special appraised value: ........................................................ -$ 0 C. Value loss. Subtract B from A. $ p 12. Total adjustments for lost value. Add Lines 9,10C and 11 C. $ 18,677,370 13. 2021 captured value of property in a TIF. Enter the total value of 2021 captured appraised value of property taxable by a taxing unit in a tax increment financing zone for which 2021 taxes were deposited into the tax increment fund. a If the taxing unit has no captured appraised value in line 18D, enter 0. $ 255,906,006 14. 2021 total value. Subtract Line 12 and Line 13 from Line 8. $ 4,588,113,976 15. Adjusted 2021 total levy. Multiply Line 4 by Line 14 and divide by $100. $ 21,793,541 16. Taxes refunded for years preceding tax year 2021. Enter the amount of taxes refunded by the taxing unit for tax years preceding tax year 2021. 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 2021. This line applies only to tax years preceding tax year 2021.' $ 423,849 17. Adjusted 2021 levy with refunds and TIF adjustment. Add Lines 15 and 16.10 $ 22,217,390 18. Total 2022 taxable value on the 2022 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: ...................................................................................... $ 5,707,078,363 B. Counties: Include railroad rolling stock values certified by the Comptroller's office: ....................... + $ 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:........... $ 0 D. Tax increment financing: Deduct the 2022 captured appraised value of property taxable by a taxing unit in a tax increment financing zone for which the 2022 taxes will be deposited into the tax increment fund. Do not include any new property value that will be included in Line 23 below.': .......... . ......... $ 299,126,638 E. Total 2022 value. Add A and B, then subtract C and D. $ 5,407,951,725 ' Tex.Tax Code § 26.012(15) 'Tex. Tax Code § 26.012(15) ' Tex. Tax Code § 26.012(15) Tex. Tax Code § 26.03(c) Tex. Tax Code § 26.012(13) 10 Tex. Tax Code § 26.012(13) " Tex. Tax Code § 26.012, 26.04(c-2) "Tex. Tax Code § 26.03(c) 39 For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 2 2022 Tax Rate Calculation Worksheet- Taxing Units Other Than School Districts or Water Districts Form 50-856 19. Total value of properties under protestor not included on certified appraisal roll.13 A. 2022 taxable value of properties under protest. The chief appraiser certifies a list of properties still under ARB protest. The list shows the appraisal district's value and the taxpayer's claimed value, if any, or an estimate of the value if the taxpayer wins. For each of the properties under protest, use the lowest of these values. Enter the total value under protest.'".................................................... $ 206,080,671 B. 2022 value of properties not under protest or included on certified appraisal roll. 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,11 .............................. + $ 88,405,640 C. Total value under protest or not certified. Add A and B. 2022 tax ceilings. Counties, cities and junior colleges enter 2022 total taxable value of homesteads with tax ceilings. These Include the home- steads of homeowners age 65 or older or disabled. Other taxing units enter 0. If your taxing unit adopted the tax ceiling provision in 2021 or a prior year for homeowners age 65 or older or disabled, use this step.'' 2022 total taxable value. Add Lines 18E and 19C. Subtract Line 20. " Total 2022 taxable value of properties in territory annexed after Jan.1, 2021. Include both real and personal property. Enter the 2022 value of property in territory annexed.18 Total 2022 taxable value of new improvements and new personal property located in new improvements. New means the item was not on the appraisal roll in 2021. An improvement is a building, structure, fixture or fence erected on or affixed to land. New additions to exist-ing 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, 2021 and be located in a new improvement. New improvements do include property on which a tax abatement agreement has expired for 2022. " Total adjustments to the 2022 taxable value. Add Lines 22 and 23. Adjusted 2022 taxable value. Subtract Line 24 from Line 21. 2022 NNR tax rate. Divide Line 17 by Line 25 and multiply by $100. 21 COUNTIES ONLY. Add together the NNR tax rates for each type of tax the county levies. The total is the 2022 county NNR tax rate. 21 $ 294,486,311 $ 508,869,855 20. $ 5,193,568,181 21. $ 0 22. $ 62,894,779 23. 24. 25. $ 62,894,779 $ 5,130,673,402 $ 0.433030/$100 26. 27. $ /$100 SECTION• '•• • 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 rate. 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 bylaw. 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. 28. 12021 M&O tax rate. Enter the 2021 M&O tax rate. 29. l2021 taxable value, adjusted for actual and potential court -ordered adjustments. Enter the amount in Line 8 of the No -New -Revenue Tax Rate Worksheet. "Tex. Tax Code § 26.01(c) and (d) "Tex. Tax Code § 26.01(c) "Tex. Tax Code § 26.01(d) "Tex. Tax Code § 26.012(6)(B) 'Tex. Tax Code § 26.012(6) "Tex. Tax Code § 26.012(17) "Tex. Tax Code § 26.012(17) 30 Tex. Tax Code § 26.04(c) " Tex. Tax Code § 26.04(d) $ 0.402888/$100 S 4,862,697,352 40 For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 3 2022 Tax Rate Calculation Worksheet — Taxing Units Other Than School Districts or Water Districts 30. I Total 2021 M&O levy. Multiply Line 28 by Line 29 and divide by $100 31. Adjusted 2021 levy for calculating NNR M&O rate. A. M&O taxes refunded for years preceding tax year 2021. 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 payment errors. Do not include refunds for tax year 2021. This line applies only to tax years preceding tax year 2021............... + $ B. 2021 taxes in TIF. Enter the amount of taxes paid into the tax increment fund for a reinvestment zone as agreed by the taxing unit. If the taxing unit has no 2022 captured appraised value in Line18D,enter 0....................................................................................... - $ C. 2021 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 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 ..................................................................... +/-S D. 2021 M&O levy adjustments. Subtract B from A, For taxing unit with C, subtract if discontinuing function and add if receiving function .... ................................................. E. Add Line 30 to 31 D. 32. Adjusted 2022 taxable value. Enter the amount in Line 25 of the No -New -Revenue Tax Rate Worksheet. 33. 2022 NNR M&O rate (unadjusted). Divide Line 31 E by Line 32 and multiply by $100. 34. Rate adjustment for state criminal justice mandate." A. 2022 state criminal justice mandate. Enter the amount spent by a county in the previous 12 months providing for the maintenance and operation cost of keeping inmates in county -paid facilities after they have been sentenced. Do not include any state reimbursement received by the county for the same purpose. $ B. 2021 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 keeping inmates in county -paid facilities after they have been sentenced. Do not include any state 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 healthcare expenditures. 21 A. 2022 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, 2021 and ending on June 30, 2022, less any state assistance received for the same purpose......... B. 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................................................................................... 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. " [Reserved for expansion] "Tex. Tax Code 4 26.044 " Tex. Tax Code 4 26.0441 S Form 50-856 $ 19,591,224 349,013 1 91F RrA 0 -866,541 $ 18,724,683 $ 5,130,673,402 $ 0.364955/$100 0 —$ 0 $ 0/$100 $ 0 _$ 0 $ 0.000000/$100 $ 0/$100 41 For additional copies, visit: comptroIler.texas.gov/taxes/property-tax Page 4 2022 Tax Rate Calculation Worksheet — Taxing Units Other Than School Districts or Water Districts Form 50-856 36. Rate adjustment for county indigent defense compensation .11 A. 2022 indigent defense compensation expenditures. Enter the amount paid by a county to provide appointed counsel for indigent individuals and fund the operations of a public defender's office under Article 26.044, Code of Criminal Procedure for the period beginning on July 1, 2021 and ending on $ 0 June 30, 2022, less any state grants received by the county for the same purpose .................. B. 2021 indigent defense compensation expenditures. Enter the amount paid by a county to provide appointed counsel for indigent individuals and fund the operations of a public defender's office under Article 26.044, Code of Criminal Procedure for the period beginning on July 1, 2020 and ending on $ 0 June 30, 2021, 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............. I ........ , ..................... $ 0/$100 D. Multiply B by 0.05 and divide by Line 32 and multiply by$100............................................ $ 0/$100 E. Enter the lesser of C and D. If not applicable, enter 0. Rate adjustment for county hospital expenditures. 26 37. A. 2022 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, 2021 and endingon June 30, 2022 ............................................................................... $ 0 B. 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 0 ending on June 30, 2021 ............................................................................... $ $ 0/$100 C. Subtract B from A and divide by Line 32 and multiply by$100............................................ $ 0/$100 D. Multiply B by 0.08 and divide by Line 32 and multiply by$100............................................ $ 0/$100 E. Enter the lesser of C and D, if applicable. If not applicable, enter 0. $ 0 /$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. A. Amount appropriated for public safety in 2021. Enter the amount of money appropriated for public safety in the budget adopted by the municipality for the preceding fiscal year ............................ $ 0 B. Expenditures for public safety in 2021. Enter the amount of money spent by the municipality for public safety during the preceding fiscal year.................................................................. $ 0 C. Subtract B from A and divide by Line 32 and multiply by $100........................................... $ 0/$100 D. Enter the rate calculated in C. If not applicable, enter 0. 39. Adjusted 2022 NNR M&O rate. Add Lines 33, 34D, 35D, 36E, and 37E. Subtract Line 38D. 40. Adjustment for 2021 sales tax specifically to reduce property values. Cities, counties and hospital districts that collected and spent addi- tional sales tax on M&O expenses in 2021 should complete this line. These entities will deduct the sales tax gain rate for 2022 in Section 3. Other taxing units, enter zero. A. Enter the amount of additional sales tax collected and spent on M&O expenses in 2021, if any. Counties must exclude any amount that was spent for economic development grants from the amount ofsales tax spent...................................................................................... $ 3,048,117 B. Divide Line 40A by Line 32 and multiply by$100........................................................ $ 0.059409/$100 C. Add Line 40B to Line 39. 41. 2022 voter -approval M&O rate. Enter the rate as calculated by the appropriate 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. "Tex. Tax Code 4 26.0442 26 Tex. Tax Code 4 26.0443 $ 0/$100 $ 0.364955/$100 $ 0.424364/$100 $ 0.439216/$100 42 For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 5 2022 Tax Rate Calculation Worksheet —Taxing Units Other Than School Districts or Water Districts Form 50-856 110:, D41. ,l.liar:l,�>1r<a�r.jl rwC,(,ii_ lJtti e_i�i,q� ,71i1.Jel1Wti;1S= Disaster Line 41 (D41): 2022 voter -approval M&O rate for taxing unit affected by disaster declaration. If the taxing unit is located in an area declared a disaster area and at least one person is granted an exemption under Tax Code Section 11.35 for property located in the taxing unit, the governing body may direct the person calculating the voter -approval 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. 21 If the taxing unit does not qualify, do not complete Disaster Line 41 (Line D41). 0 k1,,,, 42. Total 2022 debt to be paid with property taxes and additional sales tax revenue. Debt 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, warrant, certificate of obligation, or other evidence of indebtedness on or after Sept. 1, 2022, verify if it meets the amended definition of debt before including it here. 21 Enter debt amount ...................................... .............................................. $ 7,083,954 B. Subtract unencumbered fund amount used to reduce total debt ....................................... C. Subtract certified amount spent from sales tax to reduce debt (enter zero if none) .................... D. Subtract amount paid from other resources............................................................ E. Adjusted debt. Subtract B, C and D from A. 43. Certified 2021 excess debt collections. Enter the amount certified by the collector. 21 44. Adjusted 2022 debt. Subtract Line 43 from Line 42E. 45. 2022 anticipated collection rate. A. Enter the 2022 anticipated collection rate certified by the collector. 31.................................... B. Enter the 2021 actual collection rate.................................................................... C. Enter the 2020 actual collection rate.................................................................... D. Enter the 2019 actual collection rate.................................................................... 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 greater than 100%. 31 46. 2022 debt adjusted for collections. Divide Line 44 by Line 45E. 47. 2022 total taxable value. Enter the amount on Line 21 of the No -New -Revenue Tax Rate Worksheet. 48. 2022 debt rate. Divide Line 46 by Line 47 and multiply by $100. 49. 2022 voter -approval tax rate. Add Lines 41 and 48. _$ 0 _$ 0 _ $ 2,140,287 $ 4,943,667 $ 314,580 $ 4,629,087 100.00 % 99.69 % 99.94 % 99.43 % 100.00% $ 4,629,087 $ 5,193,568,181 $ 0.089131/$100 $ 0.528347/$100 Disaster Line 49 (D49): 2022 voter -approval tax rate for taxing unit affected by disaster declaration. Complete this line if the taxing unit calculated the voter -approval tax rate in the manner provided for a special taxing unit on Line D41. Add Line D41 and 48. $ i$1oo 'Tex. Tax Code § 26.042(a) "Tex. Tax Code § 26.012(7) "Tex. Tax Code § 26.012(10) and 26.04(b) Tex. Tax Code § 26.04(b) " Tex. Tax Code §§ 26.04(h), (h-1) and (h-2) 43 For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 6 2022 Tax Rate Calculation Worksheet- Taxing Units Other Than School Districts or Water Districts Form 50-856 Cities, counties and hospital districts may levy a sales tax specifically to reduce property taxes. Local voters by election must approve imposing 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. This 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 tax rate because it adopted the additional sales tax. 51. Taxable Sales. For taxing units that adopted the sales tax in November 2021 or May 2022, enter the Comptrollers estimate of taxable sales for the previous four quarters. 32 Estimates of taxable sales may be obtained through the Comptroller's Allocation Historical Summary webpage. Taxing units that adopted the sales tax before November 2021, enter 0. $ 52. 1 Estimated sales tax revenue. Counties exclude any amount that Is or will be spent for economic development grants from the amount of esti- mated sales tax revenue. Taxing units that adopted the sales tax in November 2021 or in May 2022. Multiply the amount on Line 51 by the sales tax rate (.01, .005 or .0025, as applicable) and multiply the result by.95." -or- Taxing units that adopted the sales tax before November 2021. Enter the sales tax revenue for the previous four quarters. Do not multiplyby.95. $ 3,521,677 53. 2022 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tax Rate Worksheet $ 5,193,568,181 54. Sales tax adjustment rate. Divide Line 52 by Line 53 and multiply by $100. $ 0.067809 /$100 55. 2022 NN R tax rate, unadjusted for sales tax.35 Enter the rate from Line 26 or 27, as applicable, on the No -New -Revenue Tax Rate Worksheet. $ 0.433030 /$100 56. 2022 NNR tax rate, adjusted for sales tax. Taxing units that adopted the sales tax in November 2021 or in May 2022. Subtract Line 54 from Line 55. Skip to Line 57 if you adopted the additional sales tax before November 2021. $ 0.433030 /$100 57. 2022 voter -approval tax rate, unadjusted for sales tax: 6 Enter the rate from Line 49, Line D49 (disaster) or Line 50 (counties) as applicable, of the Voter -Approval Tax Rate Worksheet. $ 0.628347 /5100 58. 2022 voter -approval tax rate, adjusted for sales tax. Subtract Line 54 from Line 57. $ 0.460538 /$100 SECTION 4: Voter -Approval Tax Rate Adjustment for P011LItion Control A taxing unit may raise Its rate for M&O funds used to pay fora 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 installed 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. Line Voter-Approva I Rate Adjustment for Poll ution Control Requirements Worksheet 59. Certified expenses from the Texas Commission on Environmental Quality (TCEQ). Enter the amount certified in the determination letter from TCEQ. "The taxing unit shall provide its tax assessor -collector with a copy of the letter. 31 Amount/Rate $ 0 60. 2022 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tax Rate Worksheet. $ 5,193,568,181 61. Additional rate for pollution control. Divide Line 59 by Line 60 and multiply by $100. $ 0 /$100 62. 2022 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 58 (taxing units with the additional sales tax). $ 0.460538 /$100 "Tex. Tax Code § 26.041(d) ' Tex. Tax Code § 26.041(1) `Tex. Tax Code § 26.041(d) "Tex.Tax Code § 26.04(c) x Tex.Tax Code § 26.04(c) "Tex. Tax Code § 26.045(d) " Tex. Tax Code § 26.045(1) 44 For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 7 2022 Tax Rate Calculation Worksheet— Taxing Units Other Than School Districts or Water Districts Form 50-856 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 increment rate for the prior three years." In a year where a taxing unit adopts a rate by applying any portion of the unused increment rate, the 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; 40 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." This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit. 43 2021 unused increment rate. Subtract the 2021 actual tax rate and the 2021 unused increment rate from the 2021 voter -approval tax rate. If the number is less than zero, enter zero. $ 0.007293/$100 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 zero, $ 0.000000/$100 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 zero. If the year is prior to 2020, enter zero. $ 0 /$100 2022 unused increment rate. Add Lines 63, 64 and 65. $ 0.007293/$100 2022 voter -approval tax rate, adjusted for unused increment rate. Add Line 66 to one of the following lines (as applicable): Line 49, Line D49 (disaster), Line 50 (counties), Line 58 (taxing units with the additional sales tax) or Line 62 (taxing units with pollution control). $ 0.467831 /$100 SECTION• D- 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, and the current debt rate for a taxing unit. 44 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. 45 68. Adjusted 2022 NNR M&O tax rate. Enter the rate from Line 39 of the Voter -Approval Tax Rate Worksheet $ 0.364955 /$100 69. 2022 total taxable value. Enter the amount on Line 21 of the No -New -Revenue Tax Rate Worksheet. $ 6,193,668,181 70. Rate necessary to impose $500,000 in taxes. Divide $500,000 by Line 69 and multiply by $100. $ 0.009627/$100 71. 2022 debt rate. Enter the rate from Line 48 of the Voter -Approval Tax Rate Worksheet $ 0.089131 /$100 72. De minimis rate. Add Lines 68,70 and 71. $ 0.463713/$100 SECTION 7: Voter -Approval Tax Rate Adjustment for Emergency Revenue Rate In 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 reduce its voter -approval tax rate for that year.41 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. 41 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. "Tex. Tax Code § 26.013(a) 'Tex. Tax Code § 26.013(c) 41 Tex. Tax Code §§ 26.0501(a) and (c) 'Tex. Local Gov't Code § 120.007(d), effective Jan. 1, 2022 'Tex. Tax Code § 26.063(a)(1) "Tex. Tax Code § 26.012(8-a) "Tex. Tax Code § 26.063(a)(1) " Tex. Tax Code §26.042(b) "Tex. Tax Code §26.042(f) 45 For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 8 2022 Tax Rate Calculation Worksheet— Taxing Units Other Than School Districts or Water Districts Form 50-856 This section will 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). 73. 2021 adopted tax rate. Enter the rate in Line 4 of the No -New -Revenue Tax Rate Worksheet. 74. Adjusted 2021 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 2021 and the taxing unit calculated its 2021 voter -approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41) of the 2021 worksheet due to a disaster, enter the 2021 voter -approval tax rate as calculated using a multiplier of 1.035 from Line 49. - or - If a disaster occurred prior to 2021 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 2021, complete the separate Adjusted Voter -Approval Tax Rate for Taxing Units in Disaster Area Calculation Worksheet to recalculate the voter -approval tax rate the taxing unit would have calculated in 2021 if it had generated revenue based on an adopted tax rate using a multiplier of 1.035 in the year(s) following the disaster.41 Enter the final adjusted 2021 voter -approval tax rate from the worksheet. - or - If the taxing unit adopted a tax rate above the 2021 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 2021 tax rate due to disaster. Subtract Line 74 from Line 73. 76. Adjusted 2021 taxable value. Enter the amount in Line 14 of the No -New -Revenue Tax Rate Worksheet. 77. Emergency revenue. Multiply Line 75 by Line 76 and divide by $100. 78, Adjusted 2022 taxable value. Enter the amount in Line 25 of the No -New -Revenue Tax Rate Worksheet. 79. Emergency revenue rate. Divide Line 77 by Line 78 and multiply by $100. "' $ 0.475000/$100 $ 0/$100 $ 0.475000/$100 $ 4,588,113,976 t 21,793,541 $ 5,130,673,402 $ 0/$100 80. 2022 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), 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). $ 0.467831 /$too •� • Indicate the applicable total tax rates as calculated above. No -new -revenue tax rate................................................................................................................. $ 0.433030 /$100 As applicable, enter the 2022 NNR tax rate from: Line 26, Line 27 (counties), or Line 56 (adjusted for sales tax). Indicate the line number used:27 Voter -approval tax rate................................................................................................................... $ 0.467831 /$100 As applicable, enter the 2022 voter -approval tax rate from: Line 49, Line D49 (disaster), Line 50 (counties), Line 58 (adjusted for sales tax), Line 62 (adjusted for pollution control), Line 67 (adjusted for unused increment), or Line 80 (adjusted for emergency revenue). Indicate the line number used: 67 De minimis rate........ ..... $ 0.463713 /$100 .............................................................................................................. If applicable, enter the 2022 de minimis rate from Line 72. SECTION• • Unit Representativeand 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 JaninaJewel 1,DirectorofFinance Printed Name ofTaxing Unit Representative sign //ll here 7/25/2022 Taxin it Representative Date b Tex. Tax Code §26.042(c) 41 Tex.Tax Code §26.042(b) 50 Tex. Tax Code §§ 26.04(c-2) and 0-2) 46 For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 9 INTRODUCTION Organizational Chart Budget Process Budget Schedule Excerpt from Charter Fiscal Policies / / E 2 m J / § \ o $ m k \ \ b \ \ ° § § } EE § j zo b Ei \ \ � G \ §C:§u < - \/ �\ \// m \ 2 \ o \ / / § s Iff 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 VI I, 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. 1-2 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 30th, the City Council plans to review the preliminary operating and capital budgets. At their City Council meeting on August 1st, the Euless City Council plans to set a date, time, and place for the budget public hearing on August 9th. City Council will consider adoption of the Budget on August 22nd. After the budget adoption, the Finance Department prepares a monthly financial report which is presented to the City Council for their review. 1-4 FY2022-2023 Proposed Budget Schedule DATE RESPONSIBILITY ACTION Thursday, June 16, 2022 CCPD Board Hold Public Hearing on CCPD Budget. Adopt FY2023 CCPD Budget. Submit CCPD Budget to City Council. Thursday, June 16, 2022 CC Special called meeting to receive CCPD Budget, Thursday, June 16, 2022 CC, CMO & Department Heads Pre -Budget Work Session Monday, June 27, 2022 CC, CMO & Finance Pre -Budget Work Session Saturday, July 30, 2022 CC, CMO & Finance Budget Work Session Special Called City Council Meeting to set date for Budget Monday, August 1, 2022 CC Public Hearing on August 9, Tax Rate Public Hearing on August 22nd, and Vote to place a Proposal to Adopt a Specific Tax Rate on August 22nd. Monday, August 8, 2022 EDC Board Hold Public Hearing on EDC Budget and Adopt FY2023 EDC Budget. Rg. Schedule Meeting to hold Public Hearing on FY2023 Tuesday, August 9, 2022 CC CCPD, EDC, and City Budget. Approve CCPD FY2023 Budget. Accept Notice & Certification. Rg. Schedule Meeting to hold Public Hearing on Tax Rate & Monday, August 22, 2022 CC Order Election, if necessary. Adopt EDC and City Budget and Tax Rate. Adopt Tax Roll. Ratify Revenue Increase if necessary. Adopt Fee/Rate Changes if necessary. Rg. Schedule Meeting for second reading of Budget, Tax Monday, August 29, 2022 CC 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 11.05 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. `Ql 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 1102.001 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 1102.001 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 an annual comprehensive financial report (ACFR). The ACFR 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 ACFR 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. 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. Obiective — 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 — 1. 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. 2. 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. Equity — 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. Nonrecurring 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. 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. 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. 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. ME R. Revenue Monitoring — 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. VII1. 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. If reserves fall below the minimum level, the Director of Finance and City Manager will propose a plan for the replacement of the reserves. The City Council will review and approve the plan. The City will try to replace the reserves within the minimum amount of time that is practical. 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. 1-12 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. 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-Supportinq Debt — When appropriate, self-supporting revenues will pay debt service in lieu of tax revenues. D. Ratinq — 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: 1-13 • 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) • 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 & FLEET/EQUIPMENT REPLACEMENT Capital & Supplemental Requests by Fund Capital & Supplemental Requests by Department FY2022-23 Infrastructure Plan Memo, Projected Equipment Replacement Fund Fleet, Misc. Asset, and Building Asset Transfers Proposed Fleet and Asset Replacements Proposed Fleet Carryover �a)ma)a)a)comma)coma)ma)a)a)(uma)m(nmmm(ua)ma)(ua)(ua)ma)°O a)(u(u(ua)a) LL o000 NN N NNN N N NNN(o 00 M 0000000000 W W W 0 M(t)N V'MMM OOOOMW Cl) 00 00 00 (o (o (D (o 0) 0) 0) 0) O (A (n O 0 0 0 0 0 0 N I- M 0) 0) to (A 0) CT 0 00 00 00 0 0 Cl) (C O to t° N � t� t� V• V' It V' (o cc cc 1- t� h t� CV N N (o Co (O O CA CAM cc cc t0 .- N V (C) (C) 00 c0 Cl) CA C) N t*- (o 00 N t, � (0 0) CA N Cn (A W 00 00 00 It V• It 00 (O (o to Lo to I- Cl) 0) M_ Cl) t- M Cl) C) 00 't V• 0 NM V'(D 00 •-MfgO Mt-N(4—ti(O a) (o IT 'IT r(o OO (ANNr V V'0 �-�NM F •- - .- N N N 0 M V' V• U) U) W r- 0 M •- V' O W U) (D M M O O N N M .- - .- CV M V' h r ti 00 W M OO V)ffl(fi0,(ti(si Efl (t, Ef, (s, (ti Efi (t, Efl (A w V) w V-, Wf wV, w w w Wt w w w Ef, w w Efl(t, EA(A 61>(»w64)(o 64 ..' . 00 C) 0 0 0 0 0 0 0 0 0 0 M 0 0 0 0 0 0 0 0 0 t- 0 C) M 0 M 0 W N 0 0 0 0 0 0 0 00 0 N OOw OOO M000 M 0(n 000000 N W 0(0 Lo 0 W 0 t- M-00 0W0CDN0 MM V'(p0(o)!')OOt�000 OM000000toOOcto)O V'000MNOCAMOO NCOOO CV O MOON L600N V' Ld M L6 M O M I- 000000(r) O C7 �i r-7 L6 Ycr 00>N(o toMO V• M t-:00(p0 i� 0 .- c- �- — N N N M M COV' V' V• (n Lo Co Co 1- t- O M 0 V' CO O O 00 N V' t- Co M (o oci •-•-•-N V•t`M -N .- a; M mmm �o c c c c c c iM•i mm mmmmmmmmm m m m m m m m m m m m m m m N m m m mmmmmmm NNNNNN CL mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm >>CL0aa N aF -UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU cn(n(n(n(n(n N N p • N � C) LL m a ti m c ,o M o s �! ,c AW1 c c a E E a) U U 0 E > m 06 E U) CD co N ° E a) CL (a) > (u E ° cn U) o Li o 'a° ° W 0 m(n 0) m = m m � c c 0) CN CL a ca) c aai N U a) �EcE Via) cc C CU -0 ° a) a , -0 C (D N 0 -a �- o ° otY (n o f E m 0 a a) m ° (D 0) E 0 m a) a N z E ,c a? o c rn m a) ° m > m rn o' m c m a> co rn c m y �.° c a) E m (n maw a a Q� a. a) m o- cm m 1n� a m m(n m E c (u (n a) c:°(n a) Q= f6 :� ° =� o(n�'o� ° m m "a)E>,m0(n a) o U c a) m 0)12 n° >- 2 LL E 0 U o• c m c d m m 0 (n m `m m a. m c° a) 0) d< m 0 c o a) o cg' N 00) ov m 0 `(n mmm E c c� �•c� m.-iL a) N c= c°i mm rn�a c f2 °"-U m (�'� N c ° G CLc•(6 m -0 0LL= 0 ao Q. toQ C ```t= cfn C to o ai o 0)Ea. aa)QQa m f° ° aci a°iN E m °•cn"- z o0"-'� 0)-0 m oU o m °8m Q o d'm w a�Ei w U rn m �jU IL ami W Q U Z U° m-o O w Z m (`a 06 a) o (nU m � Z Q E c m oUUU >U �v` w aai o mC� c �W o o �m a) a) �� c)w o m� a) 0 m� m `(� R >,W 0) 02 a)� m � �� mt�va g ate`) � �pcn� (n m� a N �•c O) ` m rn v 'c c Q 'c0 a) c Yi («° a-ai () E 3 m o c c° 3 3 c c E E d 3 E (�, a °C9o00S>a)m a)E.m �a)oa)oa).c(ummm mma)°Oo >-'c E0 me a Oaf..0w5mfnl-LLLL 5cjmI-U�mZLL W HC�1-JC)()I-H(n>CiO >Q HUU�(n W 08 (� .a m c`u m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m- m m LL � V (n () (n _� (n (n Q. to (n (n (n wj Z c ) (n Z c c cO a)a) a)�=m a)m(um a)ma)m mmm a)ma) 41 = =U) E (n_ Z (n o= E = E E m E E (nU E E(n 0 op(n (n o (ncncncn d m m o (a o m m o m m m m m m m m o o m m o 0 0 0 0 0 0 0 LL LL• a�LL c, mu- a u- aac as aa; m ma) a) ma a) ma)ma)m�mda)m a�m a mmm m 4) U) 06 EQ.c°6U)U) E.2°6�tn°600g�o,u EQo E �:�'c E.2 (0:0.2 E E Q a) a) •o a) U m a) o c a) U a) m o a n c U a) c c c c fl 0 c c o m c c o m U c m m o �Q (� 0 0 0Q ° m oQ m o 0 o o= c o o c= ZA -° Q 0° o 0 0 17 iL'u-o.LLo.iLLL_cza.LLaUizE sMILzau.zzUzzm-zz ma a.-m aka- c c c 2-1 �o d N N to O N N (0N to to O O uJ to O to V/ to to O to to to N (n N (nO O N (1) (n a) a) a) a) a) 0 0 0 a) N a) a) a) a) a) a) a) a) a) a) a) a) a) a) a) a) () a) 0) a) a) a) N N a) LL O O 00 (D m m M _Cl) O O V• O m m m m m m m m m m m m m m m w N 0 0 O O O 0 V'00 V'00 tom -- O O N O r- n I- t- I- I` r- t- m m m m m m m l` N 00 O O O 0 O(O m 000(00 to 0000 V• 0 V•mmmmmmm V•�t V•Lo Lo M000 m 00 O C) C) C) LO O N O 0 m M r" I` V• M (0 00 00 M M Cl) to to (O (D I- �� C) V Lf) (0 (D V• O O O 0 00NtnNmN00M —(D(D —(M(0— (fl (0(fl(flM V•I-I`r (0 —r O O C);.� �NMM V• V'(0 V' �NMto (0000M(Om NI�(0 (0 m .- .- O NN('M V• �- w (A w ffl w (H (fl (A to (fl to (ti (fl to (fl 69 tii fIi w w (fJ to Efl w (fl w to (fl w to to (fl (fi (A ff) N O w M M O V' O O O V' O m O O O O O O O O O O O O O O m N O O O O O 0 M V' (0 M I` V• O O O N O I` O O O O O O O N 0 0 0 0 0 0 I` N 00 O O O 0 N(O Nm-(OM to 000(0 O V• tp 000000 to 00.-000 LQ - m 00 O O O O L 'tl10Lo NM V•mw r- Ih0(0 MMNOaOONOOOto(00m MM 0 (00 V• O O 0 �to .O toMM0N(D V' —m .-N MLo OIt 00000 _Mmm It (0 —0 O O O ;O : V .- .- co — — —— N N N M M M V• 0 m m — — O a LL (fl(srfl(»rflrfl(»rfl (»(»rfl 646»6»t,ul(uafl(»t,U3,W, W,61fW(fl(»rfl (fl (»rfl (» to to (» M Ea 0 0 0 0 W 0 0 0 �� F��w�� O) a o_ a a a a a a a .- t:! :t. :t:t, :t-, := -- :L- : .. No;�>>��>> mmm mmmmmmmmmmmmmmmmm Q. mm m m m m (L U)U)co(n0U)(0co UUU UUUUUUUUUUUUUUUUU cn UU w U U U N N O N} J 0 C) m E C N 0 U Y Q m T N O LL cn CU W m a) L(n o ° xQ C o �o '0 N n o c (nc U (n o > m o Lf. o c w Cj aa)i -Q rn o 0 o z a. Z U F- aci U aci �L rn� o� 0Y> °U (Una° E U) m C (n a) 0)— o c m(D ��zm0 Ea� ZH COLD t`u u m a 4,5 m 0 c@ i m—Y,> -Ycn xa m C o Co m� O (0 `°U e m cCLco < �d a)L(L mF- m aa) > cn — 0 m (`a0of°(L) ti> u U)mU v 0 a)m rnU Cc m3' �rn� m mN�a)� — ml w al Q In N c `m C_ o o E O `m �)N a@ m C_°a_ mU axi my cQ a Q c o0 T c W a a=-� o CF-��! Q0 -n Y a rno °) c o `w ) C O �,ao o m v o Q oaaa=aaaoaaaaa o °r=a °c a) cr cULu m �ooU moo ow oo C) w a a o ii Q O B E .0 -O O = O o o 0 •G o o o o 0 0 0 0 0 0 m o m ': 'a O �O:3 Uv `m j�NmmCrna)a)ma)`ma)a)a)a)`m iL a)� a) w w V C` o- .�+ O m (n N (n J N J to cQoL~iCE.�Ea Eom_>�mma'cumtcommmmmm(cum Y �m rh _ _ m a a N U n. � Q Q S ii F- Q F- F- F- F- F- F- F- F- F- F- F- F- F- IL J F- J a CL F- 06 "0 C a) m a) L m N N N N N N N N O O O O t7 0 VC UUUUUUUUUUUUUUUUU U Lla a m Q u'C�C�UmC�(�UmC�C� aaa wwwwwwwwwwwwwwwww w UU U 0 0 0 m E a s-- ----------- -t>� N�� O N . r- .O-, N a) a) a) .� 0 0 0 a) 0 0 0 N a) 0 0 a) to(nmop=(n =EE EE=EEEEEEEEEEE E m =ar========== m o m m m m m m m m m m m m m m m m m m m mLL U- as CL aaaaaaaaaaa a a) a) m a) a� a� a� a� a� m a� m m a� m a) E°�,� a) moo cn ��o�°�0000�000000 cn m m m a� o p, c ocia) UaQ�c :a� c CU ia._ -aiaaa2LLii zz aZZEZzzzzzzzzzz CL CL 0- Lzc a d fo to N to N to to to to N to N N 0) 0) N N N N N N N N N LL to O O 00 O 0 0 O O O O O N O O t� d' O O O O O O O _ G O O O O 00 00 O O O O O '0 dLO�M0) 0LONM cLO 0 to V M to (fi vi w (fi iA (%i (H V) (!a Ki V9 to to O 000 O 00 O O O O O N O O f- 'd' 00 O O O O O tT (fl O O (D 00 O O O O O O to V' O (D U) cr; m O O (O O O C C (MO LO <Y M V t0 to V N It 0 U a E E M � � § - 6 a Q a'a n 'a'a 'a a s 'a 'a N m ca to m m m m to to m m U U (n U U U U U U U N N O N O LL o o o N a a a 0 c tO N N a d d "C > U- W to to w OL 42 T T a C _ C E N C C m N tD N J N N C �( N N `V C (>p L (�6 (6 N N > 'N N a V o m m a aa) -o p U- w a �o E N o oc m C N N ca t2 -Fa = N ++ »L W (n ui o O = 'a o N U a Q 0 O o �- ai a �� o a a U m rn m o m p U U c U G CL O U c N o o m o oO O ca a c U'� c c v c m '^ c m o 0 o U U m m to 4? C L L 0 w co co N U U -Q f0 H U (0 o p c cu ro a� � a) Vcu cu � a o iu- a L c c c tf v v aQi a°i (00 U U a a o m 0 0 0� 0 0 Q 0 � a z z za a (n(0 z z a z = 2-3 "a a) U) (n U) U) U) U) to w U) w U) U) U) o U) U) U) U) o U) U) U) U) U) U) U) U) U) U) U) (n a) a) N N N O 0) a) a) a) a) a) a) a) O a) a) a) m m ° a) a) a) a) a) m a) () a) a) m a) z } } } } } z } } } } } } } } } } } } LL 00 00 00 00 (Y) d• 0000000 O O 0 0 (O (0 (0 O O0 00 0) a) O N 000 000 NN M N00 0000000 d• O 00 LO(O(O 0NN r-r (OM 00— 000 M(0(hM(0 LO000(OMM (0 0 00 W MM ONN V•O) M W MM 000 V' mot• M (Y) 00 00 N (O O O (n M o0 O 0 14, (Y) (0 (0 00 It It M jr) OD 'IT V• LO LO LO C ON Nt-- —M I-MNN(MN VNih0000-N N(O (OM I� N 00 00 O 69 69 69 69 W, w V> V> 69 V> 69 69 V> 69 V> to V) V> 69 V> 69 w 69 69 6H 69 69 V) 69 w 69 69 69 `00 0000� (O 0000000 0 O 00(000 0000 m 0 ON 0co 000 NO NW LO 0000000 V' O 00000 ONO 1-0 LOW WM 000 y,� V•O MM(OOM tO(O OO tO O00 (fl O 0000(OO ONO rP tO oO O) MO 000 I N V•0 co CD co Ih NN 000rl-() O) O V•O(ANO 00(00 MN OO(O M LO00 it0 O V• — V• IT •- N M (0 I� It N V• NU) O M .- N M (O I- r- N (D 0 2.- rn M w 69 V) 69 69 Vi 69 69 69 V> 69 V> w V) V> Vi 69 69 V) V) 69 V> V> V> 69 69 V> 69 W9 va V> 69 W9 CL m m m m m �o Q c c c c c c £ E E E E E E I .2 � �.o.a.a.o .2.2 � � m ro.v m m .v.2 �.o.o 022 m � �a � 22 c CL a'a a'a a a'a a'a'a'a'a'a'a a 'a a'a'a a s a a a CL 0. a'a .. �, m m m m m m m m m m m m m m m m m m m m m > p� m m cum p c m m m UU UUUUU UUUUUUU <n U UUUUU u)(nu) UU UU (ow UUU M N N N O N LL N ♦., a)cn a) .co (DW Cl) a) E .a? (n U) >, }� N EEn v j •c W (n cn 0- c N a� E m N N y m m td d N c a a) O C N� c ° E ) o co m w a`) m Q o o m i■{� O N C O O c M "O V E D) U c c U) O V C N •` �. ,m a) c f0 Q-'(a co O U) a) a a) — a) N .0 rY a) aa) m Q m E U a m T 'o .� a) cv,c }E a) mcCD U (° to80-=rn c m3 (`mid .�.r o°o u;�(nm —v, �> a) Boa° o m v° c U a a� in 'a ° a) m _ Vim ' D 0) c O a) a) � E c ° U p R) ° U m c a c o o N : a Oa p Y c p .o 0-= rnaci ° aai apiN EQ m p� m n a) Q E m o (n a) v yr c E CC a a3 E `�m0CL > 5 o a`).° �.� a) a o s s a) a o U) o Co o m cn i aai °? _= m W p aci O LL U) Z cn o U A co U o� c c U` C9 c U m a) U c N (o c Ta U p p W o Co �Il Z a� c p c� m N ._ p (n IM c m m Y U U c aa) 'm o o a N o o a •C c C V N a) 0 N .� 'c CL m aa)i > a)a)aa)i G .� aai (Ca G N N N •` U N C � U 0 0 0 0 @ o N aoi5 OaNm to=LLwLL=0 w cnf—Uw �(nw Q UU UU Hm v♦ a J .a T N N m 2 N N mTNmmNm`NO `NNNmN mM NN 2 `m N a) aaN N N N aN aNVa) a) (1 aa) a) a) N N V V a) d a) a) a) a) a) c c c c c c c c c c c c— 0 c • c c c c c c c c 0 0 c c c c c c c LLN a) 0 a) N a) a) a) a) N a) (D — W a) O a) a) N a) a) a) N 0) W W a) a) a) a) () a) a) i9C9 C9C9C9C9C9 C9C9C9C9C7 o O c U00C9C9 C9C9C9 (9(9 0(9 00(9 ♦r _ CL Va) Om •m •) •) ) a) a) a Z Z Z Z Z Z Z Z C C C c c c O a) N N a) N a) a) a) O O > > a) a) a) c rn» (� •v .v (� (� m c c c c c c c c U U U U v= v `af (a N m m m m m m m m a) 0 0 0 0 0 0 0 0 m m m c LLLLLLLLLLLLLL LL 2 .. N N N f0 aaa m 0606ors060506ors us c mm mmm m mm as as m () a) m2cn m E E E€ E EEE Z Z T)Z '0Z o00 CL pppp� a)a)a)a)mma) a) E o0000 000 (�a2 cc •E'c ccc a) a) N N a) a) a) O Zo r- w- w- 4-. u- r- vo E .Q > > > > O O O a UU LEMEEii LLU- U-U.LLLLLL LL = G c c c c c c c JJ 22 22 zzz d N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N (n U) N N a) a) a) a) aN N aa)) ) a) a) a) a) aa)N ) a) a) a) a) a) a) a) a) a) a) a) a) a) a) a) aa)) a) () (1) a) U. r O O It V' [t It V• 't d• It 't M co 00 00 00 00 00 00 0 0 0 0 0 O N 0) M It V' 0 00 00 00 I` I`000000) 0) 0) 00000 ON I- 4' V' 00)(A 0 M M 0(T O(n() O(f)(C)tfl - 't 0gCi - - - - OOOOO N1- M s- V• �• (f)N I - I` I- I-(1) M M M(n U) (D (D I`f` r- O rt It V•d•<t It It L00000-I- MO Cl) V 0(.0 o � (D It N (f) 0 0 LO f) 0 tf) (f) (f) O N M (0 (0 (0 0 0 It U) 0 0 U) t- � -It - M I� (0 (0 (D .- N M(f)ONItU) O O O N M(p I- O M(0 a) It M M M(Y) O N t` t\ 00 .-.-.- - ♦J -7 N (f) (n (f) (f) (O (O (O (fl (4 t` 1- r- t` 00 0 O -7 � N N N N N V> w to V> V> V> V) V> V> V> V> V), V> V> V> V> V> V> V> w V> w V> V> fit V> V> (A V> W V> V> fA w V> V> V> V> O I�OOMOtt00000000000000(000000 00000 ON 0) M "to O CD0000ONOOOOONO00000I�ONO0000 00000 ON I- V'O Oa)OOMO(000000(f) 00-, 000(f)- O fA(00000 00000 N0 M V• O � M'w0NMmMOM00M�ONMM-U)OU)1)Mm O(O O t00(0MVOMN -(1- co (D IL)-04'tN M --- - A�! IL M .- CL V> V> V> 613,61) (fl V> V> V> V) V> to 611,64 V> V> 64 64 Y) Q9, va Q3, ua U9, V3 V) V3 (A V> V) V> V) Vi V> V) V> Vi (A Q c c c � a) a) a) E E E is Co m m-a-a - - - - - - m m---- - - --o-o-o - m m m m ro i5 Z5 �6 a) a) -�O- 2 aa7o d._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._ ._-- 0a a a ,IZ 0-0. a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a s o a a s 00000000U00000U0U0U00000000 UUUUU cncn U 0 UU M N O a 0 J N � c �Y = co 0 o Q m a) m �C9 '6 -_n mrn LL 0.2 m 0 a y N c p N c 0 uoi o c 0(n c� 0 m:_ N o cO ♦a E m U N a. 'C O a. '�O �• C N E IVA/ atj 0 (V N ai a U) a) ) a) U °� c E 0 o w E E Y a) ) W E �a o[2 o o z� m a c m aa) c c aU > mrn rnUU m cU N E cr Ns N m O ;O `O U> a'(6 W- ` a) G N a) m U o m g a._b= E m a 0)> 0 a a�ai o c�,a5 �oY 0 E� o�H a� m c� a'o m cu a E v E aQ� �aac) aa. c`o j.�Y m c (a m a) t aa)a ac) a0 N ii 0) Z �m mU m aQt a LL m N> E a) a T N T o o cco o c rn a m m 0 d rn(L >^ o m m U a E (i o c co U) m C �. 0 0) J m f0 N N a) W = a) ma to }r og.�°�� E E 0) (i 3a �U X Nr-'v aa))�� U a m a) m m C +� c - m Na a a) mM E w a) o o a)_ •c •c o a ao= o o aw a=� mH��UQ wHa Y ao o >� wa m c c (3 rn ai No. a. oa-'o o'�aa=aaaoaaaaa:aa E �a.a.CL ° � a 0) U) a a _.� UU UwU W UU rnUUUwUUUUUuIUU m 0)000 a) rna) o rn� �m 06 06 00Eo00000�000000000002s.So22 a)Q�L0 -6 0) m �m V/ (a (D cN 05 wN)a)a)owwwww-O a)`m J NNNN�Nv.a) ww N NJN N N N N NN N N N N N Y N m�m'mm�m�cc�m: mm��mC,) iw�mmx=C:=c aa) 0Lo �(LF---jI- F- U-�E- UILU) z�u. a a a. 0- a) c _ m .S � W 3 m ':.j CL m 1 LA o o c N N N 12 C a) m a3 m a)�_�_UUUUUUUUUUUUU ac)Q-O Oz m� a `a) a`>U~ mU a) a`) a)a LL aci aci aci aci aci �W WwwWmWwmW W W WwW�wa� m'm(0 aci aci aciwQ aciW aci a) aciU UC9C7C9C9 0 o mQ �Uo�' UUU a U 0 0 UU c c c c c c c c c c c c c c c c c c c c c c c c c c c m a) a) a) m m a) m a) a) a) a) m m m a) a) a) m a) a) a) a) a) a) a) a) d m m m m m m m m m m m m m m m m m m m m m m m m m m m aaaaaaaaaaaaaaaaaaaaaaaaaaa a) m a) a) a) a) a) m m m m m a) m a) a) m m a) m m m a) m a) m o 0 c c c c c c c c c c c c 0 c 0 c c c 0 0 0 0 0 0 c G c m o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ozzzzzzzzzzzzzzzzzzzzzzzzzzz c c E E 0 0 m m 0 0 06 06 m m (1)(0Uc4U U) U) c c m m C C U ,U a aaaa as m m a (L a.. IL 2-5 LL 0 00 00 00 F M O f»f»fA E E E 000 00(D00 CL CL b9 ffl Efl E �' room tm d •- •- •- OL m m co a.F UUU M N N N a 0 E ty � LL U ti CL N 0 N 0 Qcr Z in m U d L C � 2 c c o a a) a) mU as C Q� E ww ca A to ii. 0 ro 'o 'o CL VaF-aa ' a ♦ c ' � LL 08 caw m LL U m Q V C _a) C = U U a) O O O oo.aa (n N O O N N O N N O 0) O a)O a)a)ma)O a)ma)a)a)O a)m 00 0 0(MO dq• V 0Mr V0 00 00 O tO r .- N M M O N 00 .- hh 0 00 00 'It co V' co OO 'O t�t-N tO 0 a) 000 LO Mr" co 00000 tOONNM w w c N Q1 j. O (n L tp ro -Cu E �U w� to a J Q 0 @ a c U a) UO (A Efl 60 fo Hi 0 0 00 00 0 co (D tl- tl- O (�d•OOO M IT (O (D It Cl) O It V (4 tl- fA 69-64 ff!<» %u m 7o m 'Fo ro ro ro ro ro UUUUU LO oa L L .3 .3 .Q .Q N N aa)) aa)) a)EE m m O) c o cm m c = m m - 0 .c �(nQQ`f= aNi L)aa0 c � c ro m m �v-oLj T�00 _ `Y m . O O 'G Q 3 m m m m m 'a) c c c cai cc fA 69 w w69 fA O N000 O It OMId'(O'V'- ON (0N(OM I-O tO N iO 00 tO (M co M (O 61)V>ffl61) V� 69, m m m m m m E E E E E E () a) (D a) a) a) CLn.o_aao. O. O. OQ O. 0. O. in(ninwU)(n L L_ A -_ a c aa)i En °= (A (n Q c c F- a) a) mLL E E a o a)— a) rn c c c 0 Co m H m TO: D — cmc �c a`) p) Q to IL to V Qo 0) t c O c p ro ro� c �— •-V a) o a) �-ocU 3'c0d0 m Y ` Ua3:N3:Q m 3 c c c c f0 c a) a) ro a) a) 0000 0 m N N m O O to O N to to 0 1,G>Y Y>Y `>`Y>>Y ` U a) ,O .0 .2 .9 U U .9 .0 U .0 •U U Z Z Z Z Z Z B Z .O -O M O O 0 7 7 0 3 m 7 0 0 0 0 as dtldtla dao.n.n.a. H9 fA 000 O O) V fA to �o UU c m E (D a) m U m O L O o c !E m m `m �O UU 2-6 FY2022-23 INFRASTRUCTURE PLAN STREET MAINTENANCE PLAN Street maintenance includes material and labor for pavement surface and 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, upgrades to video detection, replacement of antiquated flashers and other miscellaneous related items. The addition of GPS (Global Positioning System) protocol for preemption is also now included City-wide. 2-7 MEMO TO: Loretta Getchell, City Manager FROM: Kyle McAdams, Fleet and Facility Director DATE: July 22, 2022 SUBJECT: Projected Equipment Replacement Fund Beginning working capital available as of October 1, 2021 $13,377,769 N Depreciation $5,048,704 Issuance Proceeds $0 Salvage Sales (estimated) $40,229 Interest/Misc. $30,925 Total Revenues: $5,119,858 TOTAL FUNDS AVAILABLE $18,497,627 EXPENSES: Replacement Vehicles $3,102,699 Total Expenses: $3,102,699 ESTIMATED ENDING BALANCE SEPTEMBER 30, 2022 $15,394,928 ESTIMATED REVENUE Depreciation $9,186,974 Salvage Sales (estimated) $40,229 Interest/Misc. $44,128 Total Revenues: $9,271,331 ESTIMATED TOTAL FUNDS AVAILABLE: $24,666,259 ESTIMATED EXPENSES: Replacement Vehicles $3,858,852 Replacement Equipment $1,429,400 Alternative Fuel Conversion $10,500 Total Expenses: $5,298,752 ESTIMATED ENDING BALANCE SEPTEMBER 30, 2023 $19,367,507 IRS] Fleet Transfer Budget Year 2022 - 2023 Department Name Account Code Administration 101-1011-513 Police / Code Compliance 101-3025-521 Police / Administration 101-3045-521 Police / Patrol 101-3046-521 Police / C.I.D. 101-3047-521 Police / Service 101-3048-521 Fire / Ed. Prev. / Marshall 101-4023-522 Fire / EMS / Suppression 101-4041-522 Facility Maintenance 101-5037-519 Planning / Inspection Services 101-6034-540 Recreation 101-7051-550 Parks 101-7052-550 Animal Control 101-8033-531 Streets 101-8033-531 Total General Fund: City Engineer 501-8066-531 Water Production 501-8071-531 Water Distribution 501-8072-531 Sewer & Treatment 501-8073-531 Total Water & Wastewater: EDC Parks (Tx Star) Fleet Services Drainage Utility Parks at Texas Star Texas Star Golf Course 210-1052-550 504-5090-519 510-8029-531 530-7050-550 540-7060-550/240-9060-590 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 9601 City Total: Transfer $2,154 $16,500 $13,000 $393,000 $21,962 $19,833 $35,758 $819,563 $20,483 $9,421 $23,449 $162,792 $14,545 $148,243 $1, 700, 703 $7,133 $3,364 $112,572 $50,405 $173,474 $5,500 $4,920 $4,600 $4,900 $345,626 $2, 084,192 2-9 Misc. Asset Transfer Budget Year 2022 - 2023 Department Name Account Code Transfer Finance - Purchasing 101-5036-519 9601 $2,000 Police / Administration 101-3045-521 9601 $3,000 Police / Patrol 101-3046-521 9601 $190,967 Police / C.I.D. 101-3047-521 9601 $5,267 Police / Service 101-3048-521 9601 $157,880 Police / Detention 101-3049-521 9601 $4,258 Police / EOC 101-3024-521 9601 $15,567 Police / CCPD - Patrol 220-3045-521 9601 $154,256 Fire / Administration 101-4023-522 9601 $15,944 Fire / Safety & Training 101-4023-522 9601 $3,625 Fire / EMS 101-4041-522 9601 $3,875 Fire / Suppression 101-4041-522 9601 $67,364 Facility Maintenance 101-5037-519 9601 $37,477 Library 101-5054-519 9601 $73,683 Recreation - Administration 101-7084-550 9601 $5,419 Recreation - EFLAP 101-7051-550 9601 $91,853 Recreation - ELFC NAT 101-7052-550 9601 $26,827 Recreation - EFLC MID Rec 101-7051-550 9601 $10,688 Recreation - Parks Maint. 101-5052-550 9601 $556 Recreation - Splash 101-7052-550 9601 $7,539 Recreation - Senior Center 101-7052-550 9601 $41,049 Public Works - Yard Equip. 101-8033-531 9601 $8,261 Public Works - Traffic Signals 101-8033-531 8601 $81,500 City Secretary's Office 101-1014-510 9601 $2,267 Information Services 101-5016-519 9601 $23,114 Total General Fund: $1,034,236 Courts 202-2013-515 9601 $700 Engineering 501-8066-531 9601 $2,175 Well - Far North 501-8071-531 9601 $71,233 Well - Fuller 501-8071-531 9601 $69,333 Reclaimed Water 501-8072-531 9601 $86,850 Total Water & Sewer Fund: $229,591 Euless Development Corp Westpark 210-1052-550 9601 $5,736 Wilshire 210-1052-550 9601 $2,600 Bob Eden 210-1052-550 9601 $6,451 VOBC 210-1052-550 9601 $18,548 Midway 210-1052-550 9601 $10,707 Heritage 210-1052-550 9601 $6,817 Trailwood 210-1052-550 9601 $4,330 Preserve 210-1052-550 9601 $12,264 McCormick 210-1052-550 9601 $3,795 Blessing Branch 210-1052-550 9601 $150 South Euless 210-1052-550 9601 $3,007 Carr Park 210-1052-550 9601 $35,433 Total EDC $109,838 Fleet Services 504-5090-519 9601 $13,561 Special Rec Fund 520-7055-550 9601 $87,697 Parks @ Texas Star 530-7050-550 9601 $78,438 Parks @ TX Star - North 530-7050-550 9601 $28,673 Parks @ TX Star: $107,111 Texas Star / Golf Operations 540-7062-550/240-9060-590 9601 $57,668 Texas Star / Conf. Center 540-7068-550/240-9060-590 9601 $34,583 Texas Star / Grille Operations 540-7067-550/240-9060-590 9601 $25,991 Texas Star Golf & Conference: $118,242 City Total: $1,700,976 2-10 Building Asset Transfer Budget Year 2022 - 2023 Facility Name Account Code PD & Courts 240 / 101-9060-590 96-01 Service Center 240 / 101-9060-590 96-01 City Hall 240 / 101-9060-590 96-01 Fire Administration 240 / 101-9060-590 96-01 Finance 240 / 101-9060-590 96-01 Development & Engineering 240 / 101-9060-590 96-01 Library 240 / 101-9060-590 96-01 Parks & Community Service 240 / 101-9060-590 96-01 Public Works 240 / 101-9060-590 96-01 Fire Station #1 240 / 101-9060-590 96-01 Fire Station #2 240 / 101-9060-590 96-01 Fire Station #3 240 / 101-9060-590 96-01 Animal Shelter 240 / 101-9060-590 96-01 Parks Maintenance 240 / 101-9060-590 96-01 Euless Family Life Center 240 / 101-9060-590 96-01 Simmons Center 240 / 101-9060-590 96-01 City Buildings: Ruth Millican Center 201-7080-550 96-01 Fuller House 201-7080-550 96-01 Texas Star Conference Ctr. 201-7080-550 96-01 Hotel / Motel Tax: Vulcan / RediMix HQ 210-1031-513 96-01 RediMix IT Building 210-1031-513 96-01 RediMix Laboratory 210-1031-513 96-01 Shields Awards 210-1031-513 96-01 EDC Funded: City Total: Transfers @ 100% $ 70,824 $ 2,320 $ 23,431 $ 17,800 $ 15,429 $ 22,443 $ 14,333 $ 3,269 $ 4,211 $ 16,308 $ 8,100 $ 6,280 $ 5,000 $ 3,273 $ 36,982 $ 5,563 $ 255,565 $ 7,517 $ 1,350 $ 21,512 $ 30,379 $ 63,032 $ 4,600 $ 2,242 $ 13,083 $ 82,958 $ 368,901 Arrears Funding Needed $ 1,055,119 $ 16,240 $ 445,188 $ 17,800 $ 246,857 $ 134,657 $ 14,334 $ 71,923 $ 63,157 $ 194,400 $ 106,760 $ 70,000 $ 68,717 $ 590,721 $ 133,510 $ 3,229,383 $ 37,583 $ 14,850 $ 344,191 $ 396,624 $ 756,380 $ 101,200 $ 20,182 $ 65,417 $ 943,179 $ 4,569,186 PROPOSED FLEET REPLACEMENTS - FY2023 UNIT -- CURRENT -- EST. UNIT # YEAR AGE VEHICLE TYPE DEPT. COST 850 2008 15 FORD 1/2 T STD PICKUP ENGINEERING $ 35,000 874 2011 12 FORD 1/2T STD PICKUP FACILITY MAINT $ 35,000 946 2013 10 FORD SM. VAN FACILITY MAINT $ 44,000 286 2016 7 FORD AMB. CHASSIS FIRE - EMS $ 95,000 852X 2003 20 FRASER MICU MODULE FIRE - EMS $ 155,000 LP4656 2015 8 LIFEPACK - 15 FIRE - EMS $ 47,000 LP3943 2015 8 LIFEPACK - 15 FIRE - EMS $ 47,000 LP3761 2015 8 LIFEPACK - 15 FIRE - EMS $ 47,000 LP2716 2014 9 LIFEPACK - 15 FIRE - EMS $ 47,000 LP3323 2014 9 LIFEPACK - 15 FIRE - EMS $ 47,000 LP2902 2014 9 LIFEPACK - 15 FIRE - EMS $ 47,000 LUC772 2016 7 LUCAS DEVICE FIRE - EMS $ 25,000 LUC777 2016 7 LUCAS DEVICE FIRE - EMS $ 25,000 LUC778 2016 7 LUCAS DEVICE FIRE - EMS $ 25,000 581 1998 25 TAILIFT FORKLIFT FLEET $ 30,000 709 2003 20 FORD 314T STD PICKUP FLEET $ 39,000 899 2012 11 RAMVAC 1000 TRAILER PW - WATER DIST $ 110,000 753 2005 18 HUSQVARNA GRINDER PARKS $ 5,000 779 2006 17 BELSHE TRAILER PARKS $ 10,500 815 2007 16 ROAD CLIPPER TRAILER PARKS $ 6,500 817 2007 16 LEDWELL TRAILER PARKS $ 7,000 843 2008 15 JOHN DEERE TRACTOR W/ LOADER PARKS $ 49,000 888 2011 12 KUBOTA UTILITY CART PARKS $ 16,000 889 2011 12 KUBOTA UTILITY CART PARKS $ 16,000 811 2008 15 FORD 1/2T STD SM PICKUP DEVELOPMENT $ 35,000 857 2009 14 TOYOTA HYBRID SEDAN DEVELOPMENT $ 32,000 803 2008 15 FORD 4DR SEDAN PD - ADMIN $ 31,000 876 2011 12 FORD 4DR SEDAN PD - ADMIN $ 31,000 1012 2017 6 PATROL UNIT W/ ACCESSORIES PD - PATROL $ 72,000 1013 2017 6 PATROL UNIT W/ ACCESSORIES PD - PATROL $ 72,000 1014 2017 6 PATROL UNIT W/ ACCESSORIES PD - PATROL $ 72,000 1015 2017 6 PATROL UNIT W/ ACCESSORIES PD - PATROL $ 72,000 863 2008 15 CHEVROLET PASSENGER VAN PD - SERVICE $ 44,000 892 2012 11 ICX SKY TOWER PD - SERVICE $ 120,000 786 2006 17 CARGOMATE TRAILER CONN RECREATION $ 26,000 885 2011 12 JOHN DEERE UTILITY CART PARKS @ TX STAR N $ 16,000 307 1992 31 INTERSTATE EQUIP. TRAILEF STREETS $ 35,000 956 2013 10 ASPHALT ZIPPER / MILLER STREETS $ 90,000 957 2013 10 ASPHALT ZIPPER TRAILER STREETS $ 13,000 849 2009 14 FORD 1/2T STD PICKUP SEWER $ 39,000 867 2010 13 FORD CAMERA VAN SEWER $ 97,352 937 2013 10 FORD 1/2T STD PICKUP SEWER $ 35,000 872 2011 12 FORD 1/2T STD PICKUP WATER DIST $ 39,000 155 2017 TORO GREENSMASTER 3150Q TX STAR GC $ 39,000 2,020,352 2-12 PROPOSED MISC. ASSET REPLACEMENTS - FY2023 UNIT LOCATION -- CURRENT -- UNIT EST. YEAR AGE DEPT. ASSIGNED ASSET TYPE COUNT COST 2009 14 FIRE SUPPRESSION THERMAL IMAGING SYSTEM 1 $ 12,000 2008 15 FIRE SUPPRESSION THERMAL IMAGING SYSTEM 2 $ 25,000 2016 7 FIRE SUPPRESSION THERMAL IMAGING SYSTEM 1 $ 12,000 2015 8 FIRE SUPPRESSION GAS TEST STAND - FIRE ST #1 1 $ 4,000 2015 8 FINANCE PURCHASING MAILING MACHINE 1 $ 16,000 2016 7 IS NETWORK CORE SWITCH 1 $ 26,000 1998 25 PACS PATS-S SCOREBOARDS 4 $ 75,000 2008 15 PACS PATS-S CONCESSIONS OVEN 1 $ 9,200 2013 10 PACS EFLAP CONCESSIONS EQUIPMENT $ 31,000 2013 10 PACS EFLAP GUARD STANDS 8 $ 21,000 2013 10 PACS EFLAP PA SYSTEM $ 13,500 2013 10 PACS EFLAP VARIABLE FREQ. DRIVES $ 9,000 2018 5 PACS EFLAP LILY PADS 10 $ 16,000 2013 10 PACS EFLAP POOL PUMPS 8 $ 72,000 2013 10 PACS EFLAP CHEMICAL CONTROL SYSTEM $ 10,000 2013 10 PACS EFLAP CHEMICAL CONTROL SYSTEM $ 10,000 2017 6 PACS EFLAP TRASH CANS $ 9,000 2013 10 PACS EFLCNAT WATER PLAY FEATURES $ 39,000 2010 13 PACS EFLC-SC AV SYSTEM $ 45,000 2010 13 PACS EFLC-SC KITCHEN EQUIPMENT $ 52,000 2010 13 PACS EFLC-SC FURNITURE $ 85,000 2011 12 PACS EFLC-SC DRINK MACHINES $ 7,200 2016 7 PACS EFLC-FC EXPRESSO BIKES UPRIGHT 3 $ 21,000 2014 9 PACS EFLC-FC WEIGHT MACHINES $ 42,000 1998 25 PACS EFLC-MID GYM LIGHTING $ 26,000 2009 14 PACS EFLC-MID PRE-SCHOOL FURNITURE $ 20,000 2005 18 PACS PRESERVES WATER FOUNTAINS 2 $ 15,000 2001 22 PACS MCCORMICK PLAYGROUND EQUIPMENT $ 115,000 2001 22 PACS MCCORMICK WATER FOUNTAIN $ 7,500 2011 12 POLICE JAIL REFRIGERATOR $ 8,500 2011 12 POLICE JAIL WASHER & DRYER $ 26,000 2011 12 POLICE JAIL FREEZER $ 7,500 2018 5 POLICE SERVICE CELLBRITE MACHINE $ 7,000 2019 4 POLICE SERVICE DISPATCH / RADIOS UPS BATTS $ 33,000 2018 5 POLICE CCPD HVAC REPLACE COMPUTER RM $ 20,000 2016 7 POLICE CCPD SWAT VEST $ 39,000 2013 10 POLICE EM. MGMT. LIGHTNING DETECTION $ 125,000 2010 13 POLICE ADMIN FITNESS CENTER EQUIPMENT $ 39,000 2013 10 POLICE PATROL TAZERS $ 65,000 2008 15 PW PWYRD ALLEN - DATAGRAPH $ 26,000 2016 7 PW PWYRD MIC DEVICES & CORRELATOR $ 7,000 2015 8 PW ENG PLANS PRINTER $ 7,000 2008 15 TEX STAR CONF. CNTR PROJECTION SCREENS 2 $ 13,000 2008 15 TEX STAR CONF. CNTR FLAT TOP - (4) BURNER $ 8,500 2008 15 TEX STAR CONF. CNTR STACKABLE OVENS (SETS) 2 $ 14,000 2008 15 TEX STAR CONF. CNTR INTERIOR DECOR (LOBBY) $ 7,000 1997 26 TEX STAR CONF. CNTR FURNITURE - NARROW TABLES 15 $ 6,000 1997 26 TEX STAR CONF. CNTR FURNITURE - 72" ROUND 35 $ 23,000 2009 14 TEX STAR CONF. CNTR LED PROJECTORS $ 26,000 2008 15 TEX STAR GRILLE DISHWASHER $ 12,000 2008 15 TEX STAR GRILLE CONVECTION OVENS $ 14,000 2008 15 TEX STAR GRILLE FLAT TOP - (4) BURNER $ 8,500 2008 15 TEX STAR GRILLE CHARGRILLER - (6) BURNER $ 5,000 2008 15 TEX STAR GRILLE SALAD PREP COOLER (4) DOOR $ 9,000 2008 15 TEX STAR GRILLE UNDER CNTR (6) DR COOLER $ 14,000 2009 14 TEX STAR GRILLE PATIO TABLES 12 $ 5,000 2009 14 TEX STAR GRILLE PATIO CHAIRS 48 $ 9,000 2-13 $ 1,429,400 PROPOSED FLEET CARRYOVER - FY2023 FROM FY2022 UNIT -- CURRENT -- PLANNED UNIT # YEAR AGE VEHICLE TYPE FUND DEPT. REPLACEMENTS 2023 FORD / FRAZER AMB. CHASSIS 601-5090-519.74-20 FIRE - EMS $ 335,171 FORD / FRAZER AMB. CHASSIS 601-5090-519.74-20 FIRE - EMS $ 295,385 PIERCE PUMPER 601-5090-519.74-20 FIRE - SUPPRESS $ 679,560 PIERC SQUAD 601-5090-519.74-20 FIRE - SUPPRESS $ 279,184 867 2009 14 FORD 1/2T STD SM PICKUP 601-5090-519.74-20 DEVELOPMENT $ 27,000 803 2008 15 FORD 4DR SEDAN 601-5090-519.74-20 PD - ADMIN $ 25,000 863 2008 15 CHEVROLET PASSENGER VAN 601-5090-519.74-20 PD - SERVICE $ 40,000 849 2009 14 FORD 1/2T STD PICKUP 601-5090-519.74-20 PW- SEWER $ 31,000 872 2011 FORD 1/2T STD PICKUP 601-5090-519.74-20 PW - WATER $ 29,000 EZ-GO HAULERS 601-5090-519.74-20 TX GOLF COURSE $ 97,200 CITY FLEET REQUESTS: $ 1,741,300 TX STAR REQUESTS: $ 97,200 TOTAL CARRY OVER PURCHASES FY2023 $ 1,838,500 2-14 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 & Wastewater Revenue Debt Sales Tax Revenue Debt Outstanding Indebtedness Principal Amount of Paying Remaining Description Dated Amount Original Maturity Agent Interest Rate Outstanding Issuance General Obligation Refunding Bonds, Series 12/1/2011 $ 1,055,000 $ 5,955,000 U.S. Bank Trust 3% to 4% 2/15/2024 2012 Company, NA`• Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 1/15/2011 $ 1,600,000 $ 3,035,000 •* Company, NA 4% to 4.25% 8/15/2030 Obligation, Series 20111 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 10/15/2014 $ 4,225,000 $ 5,715,000 Company, NA** 3% to 5% 8/15/2034 Obligation, Series 20141 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 10/27/2015 $ 2,390,000 $ 3,030,000 Company, NA** 3% to 5% 2/15/2035 Obligation, Series 20151 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 1/12/2016 $ 13,935,000 $ 16,450,000 Company, NA" 2 25% to 4% 2/15/2041 Obligation, Series 20161 Tax & Waterworks & Sewer System U.S. Bank Tr t (Limited Pledge) Revenue Certificates of (Limited 3/1/2018 $ 7,910,000 $ 9,180,000 Company, NA• 3% to 4% 2/15/2038 Obligation, Series 2018' Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 1/15/2019 $ 10,730,000 $ 11,785,000 Company, NA** 3% to 5% 2/15/2039 Obligation, Series 2019 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 1/14/2020 $ 6,575,000 $ 7,115,000 Company, NA" 2% to 3.5% 2/15/2040 Obligation, Series 2020 Tax Notes Series 2020 6/25/2020 $ 375,000 $ 1,110,000 UMB Bank 1.07% 2/15/2023 Tax & Waterworks & Sewer System U.S. Bank Trust (Limited Pledge) Revenue Certificates of 4/8/2021 $ 5,195,000 $ 5,360,000 Company, NA** 1.625%to 4% 2/15/2041 Obligation, Series 2021 Tax Notes Series 2021 4/8/2021 $ 1,120,000 $ 1,625,000 U.S. Bank Trust Company, NA** 4.00% 2/15/2024 Taxable General Obligation Refunding 8/15/2010 $ 1,955,000 $ 8,110,000 U.S. Bank Trust 4% to 4.4% 8/1/2025 Bonds, Series 20102 Company, NA" General Obligation Refunding Bonds, Series 11/1/2012 $ 2,775,000 $ 7,185,000 U.S. Bank Trust 2% to 2.625% 2/15/2027 2012A3 Company, NA" Waterworks & Sewer System Revenue 3/29/2012 $ 275,000 $ 3,340,000 Bank of Texas 2.03% 7/15/2024 Refunding Bonds, Series 201t Waterworks & Sewer System Revenue 6/25/2013 $ 1,010,000 $ 1,585,000 U.S. Bank Trust 3.625% to 5% 7/15/2033 Bonds, Series 2013° Company, NA** Waterworks & Sewer System Revenue 8/5/2015 $ 3,145,000 $ 4,685,000 U.S. Bank Trust 0.8% to 1.98% 7/15/2035 Bonds, Series 2015A° Company, NA" Waterworks & Sewer System Revenue 8/5/2015 $ 1,660,000 $ 2,380,000 U.S. Bank Trust 0.5% to 1.66% 7/15/2035 Bonds, Series 2015B° Company, NA** Waterworks & Sewer System Revenue 4/12/2018 • $ 2,270,000 $ 2,785,000 U.S. Bank Trust 0.24% to 1.49% 7/15/2038 Bonds, Series 2018° Company, NA** Waterworks & Sewer System Revenue 4/25/2019 $ 8,475,000 $ 9,275,000 U.S. Bank Trust 0.29%to 1.66% 7/15/2049 Bonds, Series 2019 Company, NA" Euless Development Corporation, Sales Tax 10/15/2018 $ 1,380,000 $ 1,635,000 U.S. Bank Trust 3% to 4% 9/15/2038 Revenue Bonds, Series 2018 Company, NA** Euless Development Corporation, Sales Tax 12/12/2019 . $ 3,645,000 $ 4,120,000 U.S. Bank Trust 2.5%to 4% 9/15/2039 Revenue Bonds, Series 2019 Company, NA** AXON Enterprise, Inc. Lease 10/25/2018 $ 143,796 $ 674,906 AXON Enter rise, Inc. 3% Imputed 2/7/2023 Proposed Indebtedness Proposed Anticipated Proposed Description Issuance Proposed Payment Issuance Proposed Amount Sale Type Source Date Term Tax Notes Fire Station k2 Construction $ 7,600,000 Competitive Property Tax August 2022 7 Year Sale 1 Bonds paid by Tax Increment Financing District and Public Improvement District. 2 Bonds paid by rental Income from Stars Center. 3 Remaining Bonds paid by Texas Star Golf Course. ° Bonds paid by Water & Wastewater user charges. 3-1 s Bonds partially paid by Tax Increment Financing District and Public Improvement District. • Change date to reflect date on Official Statement. " 2022 Successor Paying Agent 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 - -- -- -- - - - - - - -- 2023 2025 2027 2029 2031 ii SALES TAX % CENT - ■ GOLF - - L1 STAR CENTER -- - u WATER & WASTEWATER ■ G.O.'S AND C.O.'S - --- - - -- - - - - - - - - 2033 2035 2037 2039 2041 2043 2045 2047 2049 FISCAL YEAR TOTAL ANNUAL DEBT SERVICE REQUIREMENTS SUMMARY OF TOTAL GENERAL OBLIGATION AND REVENUE DEBT GENERAL & CERTIFICATES WATER & SALES TAX YEAR 2023 OF OBLIGATION $5,828,311 GOLF• $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 $382,330 $0 $0 $382,330 2049 $0 $0 $381,225 $0 1 $0 $381,225 TOTAL $70,620,090 $2,950,350 $19,807,003 $2,129,900 1 $6,635,425 $102,142,768 3-2 $6,500,000 $6,000,000 $5,500,000 $5,000,000 $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 $0 Total General Obligation Debt Composition of Debt Service u Interest _ j Principal I I i I I I u I I 1 I I I I I I 1 I I Iii,6,L4=11 I 1 I 2023 2025 2027 2029 2031 2033 2035 2037 2039 2041 Fiscal Year DEBT SERVICE REQUIREMENTS SUMMARY OF GENERAL OBLIGATION DEBT YEAR INTEREST PRINCIPAL REQUIREMENTS 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 $15,366,294 $55,253,796 $70,620,090 3-3 Tax -Supported General Obligation Debt Composition of Debt Service $4,500,000 $4,000,000 $3,500,000 $3,000,000 u Interest I i Principal $2,500,000 $2,000,000 I $1,500,000 $1,000,000 i $500,000 $0 2023 2025 2027 2029 2031 2033 2035 2037 2039 2041 Fiscal Year DEBT SERVICE REQUIREMENTS SUMMARY OF TAX -SUPPORTED GENERAL OBLIGATION DEBT YEAR INTEREST PRINCIPAL REQUIREMENTS 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 $9,040,894 $33,103,796 $42,144,690 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: February 15, 2021 YEAR COUPON INTEREST PRINCIPAL TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 FEBRUARY 15 2023 3.000% $16,159 $8,359 $520,000 $544,519 2024 3.125% $8,359 $0 $535,000 $543,359 TOTAL $24,519 $8,359 $1,055,000 $1,087,878 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. " 2022 Successor Paying Agent 14M 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: February 15, 2028 YEAR COUPON INTEREST PRINCIPAL FEBRUARY 15 TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 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 $1,237,429 $1,100,123 $7,910,000 $10,247,552 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. 2022 Successor Paying Agent 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 2023 3.000% $4,314 $143,796 $148,110 TOTAL $4,314 $143,796 $148,110 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: February 15, 2028 YEAR COUPON INTEREST PRINCIPAL FEBRUARY 15 TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 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 $2,062,194 $1,843,216 $10,730,000 $14,625,410 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. * 2022 Successor Paying Agent 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: February 15, 2029 YEAR COUPON INTEREST PRINCIPAL FEBRUARY 15 TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 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 $835,447 $748,147 $6,575,000 $8,158,594 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. * 2022 Successor Paying Agent 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 2023 1.070% $2 100 $0 $375 000 $377 100 TOTAL $2,100 $0 $375,000 $377,100 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: February 15, 2030 YEAR COUPON INTEREST PRINCIPAL TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 FEBRUARY 15 2023 4.000% $60,423 $56123 $215,000 $331,545 2024 2.125% $56123 $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 32 1.625% $28,559 $26,284 $280,000 $334,844 33 1.625% $26,284 $23,969 $285,000 $335,253 34 4203 1.750% $23,969 $21,431 $290,000 $335,400 5 1.750% $21,431 $18,850 $295,000 $335,281 36 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 $600,134 $539,712 $5,196,000 $6,334,846 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. * 2022 Successor Paying Agent 3-11 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: N/A YEAR INTEREST INTEREST FEBRUARY 15 AUGUST 15 PRINCIPAL FEBRUARY 15 TOTAL REQUIREMENTS 2023 4.000% $22 400 $11,400 $550 000 $583 800 2024 4.000% $11,400 $0 $570,000 $581,400 TOTAL $33,800 $11,400 $1,120,000 $1,165,200 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. * 2022 Successor Paying Agent 3-12 TIRZ/PID-Supported General Obligation Debt Composition of Debt Service $2,000,000 $1, 500,000 $1,000,000 $500,000 $OI��,��`� 2023 2025 2027 2029 2031 Fiscal Year u Interest . Principal 2033 2035 2037 r i 2039 2041 DEBT SERVICE REQUIREMENTS SUMMARY OF TIRZ/PID-SUPPORTED GENERAL OBLIGATION DEBT YEAR INTEREST PRINCIPAL REQUIREMENTS 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 $6,325,400 $22,150,000 $28,475,400 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: Au ust 15, 2021 YEAR COUPON INTEREST PRINCIPAL TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 AUGUST 15 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 $1250 $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 $9,050 $9,050 $90,000 $108,100 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. " 2022 Successor Paying Agent 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 2011-2018 @3.000%, 2019-2026 @ 4.000%, 2027-2028@ 4.125%, 2029-2030 @4.250% PAYING AGENT: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: August 15, 2021 YEAR COUPON INTEREST PRINCIPAL AUGUST 15 TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 2023 4.000% $30,972 $30,972 $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 $147,30Y-1 $147,303 1 $1,510,000 $1,804,606 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. * 2022 Successor Paying Agent 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: August 15, 2024 YEAR COUPON INTEREST PRINCIPAL AUGUST 15 TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 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 1 3.000% $12,225 $12,225 $400,000 $424,450 2034 3.000% $6,225 $6,225 $415,000 $427,450 TOTAL $437,950 $437,950 $4,225,000 $5,100,900 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. * 2022 Successor Paying Agent 3-16 CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION: TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) 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: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: February 15, 2026 YEAR COUPON INTEREST PRINCIPAL FEBRUARY 15 TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 2023 5.000% $40,000 $36,375 $145,000 $221,375 2024 5.000% $36,375 $32,625 $150,000 $219,000 2025 3.000% $32,625 $30,225 1 $160,000 $222,850 2026 3.000% $30,225 $27,750 $165,000 $222,975 2027 3.000% $27,750 $25,200 $170,000 $222,950 2028 3.000% $25,200 $22,500 $180,000 $227,700 2029 3.000% $22,500 $19,725 $185,000 $227,225 2030 3.000% $19,725 $16,875 $190,000 $226,600 2031 3.125% $16,875 $13,828 $195,000 $225,703 2032 3.125% $13,828 $10,703 $200,000 $224,531 2033 3.250% $10,703 $7,291 $210,000 $227,994 2034 3.500% $7,291 $3,797 $215,000 $226,088 2035 3.375% $3,797 $0 $225,000 $228,797 TOTAL $286,894 $246,894 $2,390,000 $2,923,788 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. * 2022 Successor Paying Agent 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 TRUST COMPANY, NATIONAL ASSOCIATION" OPTION DATE: August 15, 2026 YEAR COUPON INTEREST PRINCIPAL AUGUST 15 TOTAL REQUIREMENTS FEBRUARY 15 AUGUST 15 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% $1681331 $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 1 $589,425 TOTAL $2,306,216 --t$2,296,791 $13,935,000 1 $18,538,006 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. ** 2022 Successor Paying Agent 3-18 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Taxable (Self Supporting) G.O. Debt Composition of Debt Service 2023 Fiscal Year W Interest 1 ! Principal i 2025 DEBT SERVICE REQUIREMENTS SUMMARY OF TAXABLE (SELF SUPPORTING) G.O. DEBT YEAR INTEREST PRINCIPAL REQUIREMENTS 2023 $86,020 $620,000 1 $706,020 2024 $58,740 $650,000 $708,740 2025 $30,140 $685,000 $715,140 TOTAL $174,900 $1,955,000 $2,129,900 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: August 1, 2021 YEAR COUPON INTEREST PRINCIPAL AUGUST 1 TOTAL REQUIREMENTS FEBRUARY 1 AUGUST 1 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 $715 140 TOTAL $87,450 $87,450 $1,955,000 $2,129,900 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. * 2022 Successor Paying Agent 3-20 Golf G.O. Refunding Debt Composition of Debt Service $800,000 $600,000 $400,000 I i $200,000 I ; I I $0I 2023 PRINCIPAL I_j INTEREST I I 2025 Fiscal Year 2027 DEBT SERVICE REQUIREMENTS SUMMARY OF GOLF G.O. REFUNDING DEBT YEAR INTEREST PRINCIPAL REQUIREMENTS 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 $175,350 $2,775,000 $2,950,350 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: FEBRUARY 15, 2022 YEAR COUPON INTEREST PRINCIPAL FEBRUARY 15 TOTAL REQUIREMENTS FEBRUARY 16 AUGUST 15 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 $104,194 $71,156 $2,775,000 $2,950,350 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 * 2022 Successor Paying Agent $590,070 3-22 Water & Wastewater Revenue Debt Composition of Debt Service $1,300,000 $1,200,000 i PRINCIPAL i INTEREST $1,100,000 $1,000,000 $900,000 i I I $800,000 $700,000 j $600,000 1 , $500,000 $400,000 i $300,000 i � ' I $200,000 $100,000 2023 2026 2029 2032 2035 2038 2041 2044 2047 Fiscal Year DEBT SERVICE REQUIREMENTS SUMMARY OF WATER AND WASTEWATER SYSTEM REVENUE DEBT YEAR INTEREST PRINCIPAL REQUIREMENTS 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 $2,972,003 $16,835,000 $19,807,003 AVERAGE ANNUAL PRINCIPAL AND INTEREST OUTSTANDING $733,593 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 2023 2.030% $2 791 $2 791 $140 000 $145 582 2024 2.030% $1 370 $1 370 $135 000 $137 740 TOTAL $4,161 $4,161 $275,000 $283,322 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: July 25, 2023 YEAR COUPON INTEREST PRINCIPAL JULY 15 TOTAL REQUIREMENTS JANUARY 15 JULY 15 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 1 $115,000 $120,750 TOTAL $154,984 $164,98 1$1,010,000 $1,319,969 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. " 2022 Successor Paying Agent 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: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: N/A YEAR COUPON INTEREST PRINCIPAL JULY 15 TOTAL REQUIREMENTS JANUARY 15 JULY 15 2023 0.960% $25,311 $25,311 $220,000 $270,623 2024 1.120% $24,255 $241255 $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 $270,291 2035 1.980% $2,624 $2,624 $265,000 $270,247 TOTAL $200,668 $200,668 $3,146,000 $3,546,336 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. * 2022 Successor Paying Agent Moz CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION: WATERWORKS AND SEWER SYSTEM REVENUE BONDS, SERIES 2015B Reclaimed Water System) DATED: June 15, 2015 ORIGINAL AMOUNT: $2,380,000 INTEREST RATES: BOND YEARS 2020-2035 @ 0% -1.68% PAYING AGENT: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: N/A YEAR COUPON INTEREST PRINCIPAL JULY 15 TOTAL REQUIREMENTS JANUARY 15 JULY 15 2023 0.660% $10,845 $10,845 $120,000 $141,690 2024 0.820% $10,449 $10,449 $120,000 $140,898 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 1 $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 $87,465 $87,465 $1,660,000 $1,834,930 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. * 2022 Successor Paying Agent 3-27 CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION: WATERWORKS AND SEWER SYSTEM REVENUE BONDS, SERIES 2018 DATED: 4/12/2018* ORIGINAL AMOUNT: $2,785,000 INTEREST RATES: BOND YEARS 2018-2038 @ 0% -1.49% PAYING AGENT: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION** OPTION DATE: N/A YEAR COUPON INTEREST PRINCIPAL JULY 15 TOTAL REQUIREMENTS JANUARY 15 JULY 15 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 1.490% $1,155 $1,155 $155,000 $157,310 TOTAL $127,606 $127,606 $2,270,000 $2,525,211 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. * Changed date to reflect date on Official Statement. ** 2022 Successor Paying Agent 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: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: N/A YEAR COUPON INTEREST PRINCIPAL JULY 15 TOTAL REQUIREMENTS JANUARY 15 JULY 15 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 $3.80,205 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 $382,330 2049 1.660% $3,113 1 $3,113 1 $375,000 1 $381,225 TOTAL 1 1 $911,118 1 $911,118 1 $8,476,000 1 $10,297,237 Proceeds from the sale of the Bonds will provide funds for Capital Improvement Project WT1802 Well Replacement - Fuller / Far North. * 2022 Successor Paying Agent 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 V PRINCIPAL 1INTEREST I � I 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 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 $1,610,425 $5,025,000 $6,635,425 MAXIMUM ANNUAL DEBT SERVICE (RESERVE) AVERAGE ANNUAL DEBT OUTSTANDING $401,075 $390,319 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 TRUST COMPANY, NATIONAL ASSOCIATION* OPTION DATE: 9/15/2028 YEAR COUPON INTEREST PRINCIPAL SEPTEMBER 15 TOTAL REQUIREMENTS MARCH 15 SEPTEMBER 15 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 1100,000 $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 $255,175 $255,175 $1,380,000 $1,890,350 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. * 2022 Successor Paying Agent 3-31 CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION: EULESS DEVELOPMENT CORPORATION, SALES TAX REVENUE BONDS, SERIES 2019 DATED: 12/12/19* 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 TRUST COMPANY, NATIONAL ASSOCIATION** OPTION DATE: 9/15/2030 YEAR COUPON INTEREST PRINCIPAL SEPTEMBER 15 TOTAL REQUIREMENTS MARCH 15 SEPTEMBER 15 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 $650,038 $550,038 $3,645,000 $4,745,075 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. * Changed date to reflect date on O/S. ** 2022 Successor Paying Agent 3-32 PERSONNEL & INSURANCE Personnel Counts Personnel Counts by Fund Proposed Pay Plan Proposed Insurance Premiums Insurance & Benefits Risk & Workers Compensation Full -Time Personnel Counts FY 20121 FY 21/22 FY 21122 FY 22/23 ACTUAL BUDGETED ESTIMATED BUDGETED CITY ADMINISTRATION 3.00 A 3.50 3.50 3.50 CITY SECRETARY 3.50 3.50 3.50 3.50 Total City Administration 6.50 7.00 7.00 7.00 FINANCE/BUDGET 1.50 1.50 1.50 L 2.50 MUNICIPAL COURTS 7.75 B 8.25 8.25 G K 7.75 ACCOUNTING 3.50 3.50 3.50 3.50 PURCHASING 1.00 1.00 1.00 1.00 Total Finance 13.75 14.25 14.26 14.75 POLICE CODE COMPLIANCE 16.00 16.00 16.00 16.00 POLICE ADMINISTRATION 7.00 7.00 7.00 7.00 POLICE PATROL 49.00 E&D 49.00 49.00 H 48.00 POLICE CID 14.00 14.00 14.00 1 16.00 POLICE SERVICE 21.00 21.00 21.00 1 22.50 POLICE DETENTION 17.00 17.00 17.00 1 13.50 Total Police Department 124.00 124.00 124.00 123.00 FIRE MARSHAUEDUCATION 4.00 4.00 4.00 4.00 FIRE ADMINISTRATION 4.00 4.00 4.00 4.00 EMS/SUPPRESSION 67.00 D 70.00 70.00 70.00 Total Fire Department 75.00 78.00 78.00 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 G 3.50 INSPECTIONS SERVICES 4.00 4.00 4.00 4.00 Total Planning & Development 6.50 6.50 6.50 7.50 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 19.60 19.60 STREET MAINTENANCE 11.50 11.50 11.50 F 13.50 ANIMAL CONTROL 3.00 3.00 3.00 J 4.00 CITY ENGINEER 1.00 1.00 1.00 1.00 Total Public Works 15.50 15.50 15.50 18.50 TOTAL GENERAL FUND 278.25 282.25 282.26 285.75 EDC-PARKS 13.25 13.25 13.25 F 14.25 EDC - LIBRARY 10.00 10.00 10.00 10.00 EDC - ECO. DEV. 1.00 1.00 1.00 1.00 TOTAL EDC FUND 24.26 24.25 24.25 25.25 WATER OFFICE 5.00 5.00 5.00 5.00 Total Finance 6.00 6.00 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 C 8.25 8.25 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 26.00 26.00 26.00 INFORMATION SERVICES 4.00 4.00 4.00 4.00 W&S NON-DEPT. 9.50 A 10.00 10.00 10.00 Total Non -departmental 13.60 14.00 14.00 14.00 TOTAL W&S FUND 43.60 46.00 46.00 45.00 GOLF NON DEPARTMENTAL 0.75 0.75 0.75 0.76 GOLF COURSE MAINT. 4.00 4.00 4.00 4.00 GOLF PRO SHOP 2.50 2.50 2.50 2.60 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 11.76 11.75 11.75 11.75 JUVENILE CASE FUND 1.25 B 0.76 0.75 K 0.25 CRIME CONTROL FUND 15.00 E 18.00 18.00 H 19.00 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 32.25 34.75 34.76 36.25 TOTAL ALL FUNDS 390.00 398.00 398.00 403.00 A) Funded Assistant City Manager Position G) Transferred Court Clerk to Planning & Development B) Split Juvenile Case Clerk between General Fund and Juvenile Case FuroFi) Transferred 1 Police Officer from General Fund to CCPD C) Added 1 Public Works Field Tech In Water & Wastewater Fund 1) Transferred 3.5 positions from Detention to CID and Services D) Added 3 Police Officers and 3 Fire Fighter/Paramedics In General Fund J) Converted Part Time to Full Time E) Transferred 3 Police Officers from General Fund to CCPD K) Transferred 0.25 Juvenile Case Manager and 0.25 Court Clerk to General Fund F) Added FT Field Tech(s) Q Funded Internal Audit Position as Accountant II 4-1 FULL-TIME EMPLOYEES FY21 ACTUAL FY22 BUDGETED FY22 ESTIMATED FY23 FUNDED GENERAL FUND 278.25 282.25 282.25 285.75 EDC FUND 24.25 24.25 24.25 25.25 WATER & WW FUND 43.50 45.00 45.00 45.00 GOLF COURSE FUND 11.75 11.75 11.75 11.75 JUVENILE CASE FUND 1.25 0.75 0.75 0.25 CRIME CONTROL DISTRICT 15.00 18.00 18.00 19.00 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 390.00 398.00 398.00 403.00 PART-TIME EMPLOYEES GENERAL FUND 49.00 49.00 49.00 47.00 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 154.00 154.00 154.00 152.00 4-2 PROPOSED PUBLIC SAFETY PAY PLAN FIRE EFFECTIVE 09-15-2022 POLICE EFFECTIVE 09-21-2022 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 1 N IPSO $4,105 $4,310 $4,524 $4,752 $4,988 $5,237 $49,2551 $61,718 $54,293 $57,0201 $69,868 $62,860 23.68021 24.8646 26.1022 27.41361 28.7779 30.2161 520.00 1 21.00 1 N IDispatcher $4,693 $4,928 $5,173 $5,432 $5,705 $5,989 21.01 N Crime Scene Technician $56,316 $69,132 $62,080 $65,182 $68,460 $71,869 27.0751 28.4290 29.8460 31.3374 32.9132 34.5525 730.00 1 22.00 1 N lFire Fighter 1 $5,7321 $6,0181 $6,3211 $6,6361 $6,970 $7,316 $68,7901 $72,2221 $76,8511 $79,6351 $83,638 $87,797 23.55811 24.73341 25.97631 27.27211 28.6432 30.0673 740.00 1 22.01 1 N lFire Fighter/Paramedic 1 $5,9421 $6,2281 $6,5711 $6,8861 $7,301 $7,647 $74,7381 $78,8521 $82,6351 $87,607 $91,765 H2$71,306 4.42001 25.59531 27.00401 28.29981 30.00941 31.4965 1 550.00 1 23.00 1 N (Communications Supervisor 1 $5,4061 $5,6771 $5,9601 $6,2591 $6,5721 $6,9001 666.00 1 24.00 1 N I Police Officer 24.03 1 N lFire Inspector I 770.00 1 24.02 1 N Firefighter II/Paramedic 590.00 1 26.01 1 N (Fire Inspector II $64,8741 $68,1291 $71,5171 $75,1031 $78,8651 $82,803 31.18931 32.75451 34.38331 36.10731 37.91581 39.8090 $5,905 $6,185 $6,480 $6,788 $7,115 $7,454 $70,857 $74,223 $77,7651 $81,461 $85,377 $89,446 34.0661 35.6843 37.38701 39.1639 41.0464 43.0029 $6,115 $6,3951 $6,7301 $7,0381 $7,445 $7,785 $73,374 $76,7401 $80,7661 $84,4621 $89,3451 $93,415 25.12821 26.28091 27.65951 28.92521 30.5976 *11.9914 $6,3781 $6,6591 $6,9541 $7,2621 $7,5881 $7,927 $76,5411 $79,9061$83,4471 $87,1431 $91,0591$96,128 36.79831 38.41611 40.11891 41.89551 43.77841 45.7345 4-3 PROPOSED PUBLIC SAFETY PAY PLAN FIRE EFFECTIVE 09-15-2022 POLICE EFFECTIVE 09-21-2022 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 606.00 110.00 26.00 1 N Police Sergeant $7,745 $9,202 27.00 N jPublic Education Officer $92,938 $110,426 44.6816 53.0896 1 820.00 1 26.03 1 N (Fire Lieutenant/Paramedic 1 $7,9551 1 1 1 1 $9,5331 $95,4541 1 1 1 1 $114, 32.68981 1 1 1 1 39.1 630.00 1 26.04 1 N lAssistant Fire Marshal $7,954 $9,533 $95,454 $114,395 45.89111 1 54.9975 840.00 1 27.02 1 N IFire Captain/Paramedic $8,248 $10,036 $98,975 $120,427 33.89541 1 41.2420 650.00 128.00 E Police Lieutenant $8,813 $10,332 128.01 E Technical Services Manager $105,7511 $123,980 128.02 E lCivilian Service Manager 50.84171 59.6055 26.05 E lEmergency Mgmt. Coordinator 670.00 1127.04 1 E 113attalion Chief/EMS Coordinator 1 $9,1501 1 1 1 $10,633 $109,804 $127,602 52.7903 61.3469 870.00 1 29.01 1 N 113attalion Chief/Paramedic 1 $9,1501 1 1 $10,633 $109,804 $127,602 37.6041 33.6991 4-4 PROPOSED EXEMPT PAY PLAN EFFECTIVE 09-21-2022 Hourly, Monthly and Annual Pay Scales Job GRADE Code FLSA Job Title Min Mid Max 295 1 143.04 1 E jAsst. Golf Superintendent 1 $4,185 1 $5,063 1 $5,940 143.11 1 E IFirstAsst. Golf Pro 1 $50,219 1 $60,751 1 $71,282 24.1440 1 29.2070 1 34.2701 305 146.11 E Seniors Coordinator $4,334 $5,277 $6,219 146.12 E Recreation Specialist -Aquatics $62,012 $63,321 $74,630 146.13 E Program Rec. Specialists 25.0058 30.4428 35.8798 146.14 E Athletic Coordinator 146.15 E Recreation Specialist -Analyst 146.16 E Special Events Coordinator 146.18 1 E lHuman Resources Generalist I 315 1 1 E $54,860 $66,304 $77,749 26.3751 31.8771 37.3792 325 145.03 E Accountant 1 $4,807 $5,819 1 $6,831 146.10 E Recreation Center Supervisor $57,688 $69,833 1 $81,977 148.00 E Librarian 27.7347 33.5735 1 39.4122 149.09 E Senior Center Supervisor 149.10 E Aquatics Supervisor 335 152.01 E Recreation Superintendent $5,045 $6,113 $7,182 143.16 E Conference Centre Manager $60,537 $73,358 $86,180 149.01 E Human Resources Generalist II 29.1041 35.2683 41.4325 149.02 E Food and Beverage Manager 149.03 E Kitchen Manager/Chef 149.08 E Facilities Supervisor 150.06 1 E lAssistant to the City Secretary 154.02 1 E IPark Superintendent 1 345 1 150.03 1 E (Senior Librarian 1 $5,280 1 $6,406 1 $7,532 1 355 $63,364 $76,875 $90,386 30.4636 36.9591 43.4546 149.04 E Deputy City Secretary $5,518 1 $6,700 1 $7,882 150.00 E Accountant 11 $66,213 $80,400 1 $94,587 151.00 1 E jWeb Designer 31.8331 38.6539 1 45.4747 365 1 1 E (OPEN $5,791 $7,014 $8,237 $69,497 $84,168 $98,83i 33.4121 40.4654 47.518i 375 145.07 E Internal Auditor $6,081 1 $7,365 1 $8,648 153.00 E GIS Manager $72,970 $88,375 $103,781 153.08 E Network Manager 35.0817 42.4882 49.8947 150.05 E Controller 4-5 PROPOSED EXEMPT PAY PLAN EFFECTIVE 09-21-2022 Hourly, Monthly and Annual Pay Scales Job GRADE Code FLSA Job Title Min Mid Max 385 149.09 E Comm u n ications/M ktg Manager $6,386 $7,734 $9,082 150.07 E Budget/TreasuryBudgettTreasury Manager $76,628 $92,803 1 $108,978 154.08 E Accounting Manager 36.8405 44.6169 1 52.3933 151.01 E Purchasing Manager 154.03 E SBW/PATS General Manager 154.11 E Billing Mana er 154.12 E Building Official 154.14 E Parks Manager 154.16 E Senior City Planner 154.17 E Benefits Manager 154.18 E Risk Manager 154.19 E Public Works Manager 405 1 155.01 1 E 410 1 156.01 1 E L Com 416 1 157.04 1 E (Senior Civil Engineer $7,041 $8,527 $10,013 $84,487 $102,322 $120,158 40.6187 49.1934 57.7681 $7,216 $8,740 $10,263 $86,597 $104,879 $123,161 41.6330 50.4224 59.2118 $7,392 $8,953 $10,514 $88,705 $107,434 $126,164 42.6465 1 51.6511 60.6556 4-6 PROPOSED NON-EXEMPT PAY PLAN EFFECTIVE 09-21-2022 Hourly, Monthly and Annual Pay Scales Job GRADE Code FLSA Job Title Min Mid Max 230 37.01 N Parks Field Tech 1 $3,023 $31634 $4,244 37.02 N Facility Tech 1 $36,277 $43,604 $50,932 1 37.05 N Public Works Field Tech 1 17.4410 20.9636 24.4863 240 38.01 N Police Records Clerk $3,182 $3,846 $4,510 38.03 N Utility Billing Clerk $38,189 $46,154 $54,119 39.00 N Parks Field Tech II 18.3600 22.1894 26.0188 39.01 N Animal Control Officer I 39.04 N Receptionist 39.05 N Facility Tech 11 39.06 N Public Works Field Tech II 39.11 N Golf Course Field Tech II 39.12 N Asst. F& B Mgr. 250 39.08 N Court Clerk $3,342 $4,014 $4,687 40.01 N Animal Control Officer II $40,100 $48,174 $56,247 40.04 N Office Tech 19.2790 23.1604 27.0417 40.05 N Mechanic 1 40.07 N Secretary 42.02 N Recreation Assistant 270 $49,105 $57,538 23.6083 27.6625 39.10 N Juvenile Case Clerk $3,661 $4,437 $5,214 42.06 N Emr Mgt/Special Proj Assistant $43,926 $53,250 $62,573 42.07 N HR Specialist - Recruiter 21.1185 25.6007 30.0829 280 41.01 N Administrative Secretary $3,820 $4,651 $5,482 43.01 N Administrative Assistant $46,838 $55,811 $66,783 43.02 N Librarian Assistant 22.0377 26.8321 31.6265 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 09-21-2022 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 Signal Technician 1 40.30 N Crime Scene Technician 43.14 N Payroll Specialist 290 43.09 N Executive Secretary $4,219 $5,107 $5,996 45.00 N Inspector 1 $50,622 $61,288 $71,953 45.01 N Mechanic III 24.3376 29.4652 34.5927 45.04 N Crew Leader 48.04 N Signal Tech II 300 43.06 N Animal Control Supervisor $4,376 $5,327 $6,279 46.04 N Police Records Supervisor $52,513 $63,930 $75,346 46.08 N Computer Support Specialist 25.2468 30.7355 36.2242 46.09 N Chief Mechanic 46.10 N Municipal Court Supervisor N ISignal Tech III 320 48.01 N Foreman 1 $4,854 1 $5,876 1 $6,897 48.02 N Inspector II $58,261 $70,507 $82,763 48.05 N Eng./PW Technical Specialist 28.0053 1 33.8976 39.7899 49.00 N Bailiff/Warrant Officer 340 48.03 N Computer Support Spec II $5,331 $6,468 $7,605 50.02 N Inspector III $63,968 1 $77,615 $91,263 50.03 N Engineer Technician 30.7540 1 37.3151 43.8762 4-8 PROPOSED NON-EXEMPT PAY PLAN for employees hired before 09-24-2020 EFFECTIVE 09-21-2022 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 230 37.01 N Parks Field Tech 1 $3,359 $3,476 $3,598 $3,725 $3,854 $4,244 37.02 N Facility Tech 1 $40,308 $41,716 $43,172 $44,697 1 $46,245 $50,931 37.05 N Public Works Field Tech 1 19.37891 20.0555 20.7557 21.4889 22.2333 24.4863 37.06 N Rec/Aquatic Facility Tech I 240 38.01 N Police Records Clerk $3,536 $3,661 $3,786 $3,919 $4,058 $4,510 38.03 N Utility Billing Clerk $42,432 $43,934 $45,437 1 $47,031 $48,693 $54,119 39.00 N Parks Field Tech II 20.4000 21.1223 21.84461 22.6108 23.4101 26.0188 39.01 N Animal Control Officer 1 39.04 N Receptionist 39.05 N I Facility Tech II 39.06 N I Public Works Field Tech II 39.11 N IGolf Course Field Tech II 39.12 N jAsst. F& B Mgr. 250 39.08 N Court Clerk $3,713 $3,844 $3,979 $4,117 $4,260 $4,687 40.01 N Animal Control Officer II $44,666 $46,127 $47,744 1 $49,406 $51,118 $56,247 40.04 N Office Tech 21.4211 22.1764 22.95381 23.7529 24.5760 27.0418 40.05 N Mechanic 1 40.07 N Secretary 270 42.03 N Nursery Specialist $4,067 $4,210 $4,356 $4,510 $4,666 $5,214 39.10 N Juvenile Case Clerk $48,807 1 $50,616 $62,274 $64,119 1 $55,991 $62,573 42.02 N Recreation Assistant 23.46501 24.2865 25.1316 26.0188 26,9180 30.0829 280 41.01 N Administrative Secretary $4,244 $4,393 $4,546 $4,704 $4,870 $5,482 43.01 N Administrative Assistant $60,931 $52,712 $54,557 1 $56,463 $68,439 $66,783 43.02 N Librarian Assistant 24.4863 25.3423 26.22951 27.1407 28.0958 31.6265 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 1 N ISignal Technician I 4-9 PROPOSED NON-EXEMPT PAY PLAN for employees hired before 09-24-2020 EFFECTIVE 09-21-2022 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 $4,466 $4,624 $4,785 $4,953 $5,126 $5,748 $53,689 1 $66,484 $67,421 $59,431 $61,613 $68,971 25.76411 26.6752 27.60631 28.5724 29.5734 33.1592 290 42.00 N Technical Specialist $4,687 $4851 $5,022 $5,197 $5,378 $5,996 42.05 N Graphics Artist 7207 $60,266 $62,367 $64,636 $71,953 43.09 N Executive Secretary E27.0418[%7.19840 28.9739 29.9840 31.0271 34.5927 45.00 N Inspector 1 45.01 N Mechanic III 45.04 N ICrew Leader 48.04 1 N ISignal Tech II 300 43.06 N Animal Control Supervisor $4,862 $5,032 $5,209 $5,392 $5,580 $6,279 46.04 N Police Records Supervisor $58,348 $60,380 $62,504 $64,701 $66,962 75,346 46.08 N Computer Support Specialist 28.0520 29.0289 30.0501 31.1061 32.1931 !36.2242 46.09 N Chief Mechanic 46.10 N Municipal Court Supervisor N ISignal Tech III 320 48.01 N Foreman 1 $5,394 1 $5,582 1 $5,777 1 $5,979 1 $6,189 1 $6,897 48.02 N Inspector II $64,723 $66,985 $69,318 $71,743 $74,264 1 $82,763 48.05 N Eng./PW Technical Specialist 31.11701 32.20421 33.32601 34.49211 35.70361 39.7899 49.00 N Bailiff/Warrant Officer 340 48.03 N Computer Support Spec II $5,923 $6,131 $6,346 $6,568 $6,797 $7,605 50.02 N Inspector III $71,076 $731,570 $76,155 1 $78,813 $81,562 $91,263 50.03 N Engineering Technician 34.17111 35.3701 36.61301 37.8908 39.2124 43.8762 350 1 51.02 N Senior Inspector $6,189 $6,404 $6,629 $6,862 $7,101 $7,958 $74,264 1 $76,849 $79,552 1 $82,347 $85,211 $95,491 35.70361 36.9467 38.24631 39.5901 40.9669 45.9092 4-10 City of Euless 2022-23 Proposed Employee Insurance Premiums Per Month MEDICAL/RX 2021-22 Actual 2022-23'Proposed Increase / Decrease Employee Only $192.54 $172.66 $19.88 Employee + Children $365.82 $366.90 ' $1.08 Employee + Spouse $442.82 $453.23` $10.41 ,Employee + Family $558.34 _ $582.72 $24.38 DENTAL 2021-22 Actual 2022-23 Proposed '` Increase / Decrease Employee Only $9.64 $9.64 $0.00 Employee + Children $18.30 $18.30' $0.00 Employee + Spouse $22.14 $22.14 $0.00 ,Employee + Family $27.94 $27.94 $0.00 Total Premium 2021-22 Actual 2022-23'Proposed Increase / Decrease Employee Only $202.18 $182.30 ` $19.88 Employee + Children $384.12 $385.20 `` $1.08 Employee + Spouse $464.96 $475.37 $10.41 ,Employee + Family $586.28 :$610.66 $24.38 4-11 Insurance & Benefits FY2022-23 FY2023 Proposed Revenues: City Contribution For Employees and Dependents $ 6,501,232 Employee Contribution Employee/Retiree Contribution $ 1,856,742 Interest Income $ 20,000 Total Operating Revenues FY2023 Proposed Expenses: Operating Expenses Operations $ 237,105 Claims $ 5,338,461 Prescription Claims $ 803,413 Re -Insurance Fee $ 1,031,930 Insurance Services $ 223,731 Wellness Programs $ 5,000 OPEB Trust Contribution $ 723,600 Total Operating Expenses Capital / One -Time Expenses Capital / One -Time $ 40,000 Total Capital / One -Time Expenses FY2023 Proposed Budget Reserves - Health 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 $ 5,772,173 FY2022 (estimated) $ 5,744,248 FY2023 (projected) $ 5,718,982 $ 8,377,974 $ 8,363,240 $ 40,000 $ 8,403,240 4-12 Risk Management & Workers' Comp FY2022-23 FY2023 Proposed Revenues: Transfers General $ 450,000 Water & Wastewater $ 450,000 Interest Income $ 2,982 Charges Workers' Comp $ 525,360 Employee Assistance $ 10,017 Total Operating Revenues FY2023 Proposed Expenses: Operating Expenses Risk Management $ 886,437 Worker's Compensation $ 480,294 Total Operating Expenses Capital / One -Time Expenses Capital / One -Time Expenses $ - Total Capital / One -Time Expenses FY2023 Proposed Budget Reserves FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 (estimated) FY2023 (projected) $ 1,349,150 $ 1,408,323 $ 1,378,778 $ 1,992,931 $ 2,116, 376 $ 2,187,793 $ 1, 949,186 $ 2,161,658 $ 2,122,598 $ 2,120,662 $ 2,192,290 $ 1,438,359 $ 1,366,731 $ 1,366,731 4-13 HISTORICAL & COMPARISON DATA Monthly Service Charges & Key Fiscal Points Population Growth in Euless General Fund Multi -Year Analysis General Fund Revenue Assumptions Property Tax Revenues Tax Rate & 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 & Wastewater -Other Cities Impact of Water & Wastewater Rate Increase Utility Bill Comparison Residential Monthly Service Charges Water Wastewater Trash Drainage Recycling FY23 $13.75 Base $12.00+90% of metered water "$1.54 per home Prop Tiered Rates/tgals usage @ $4.53 per tgals. $10.74* $3.00 $3.27 per home -cart 0-2 tgals - $4.77 $1.10 per apt. unit 3-8 tgals - $5.70 $.77 for Seniors 9-15 tgals - $6.27 $2.50 for Seniors home- 16-35 tgals - $6.80 cart Over 35 tgals - $7.40 FY22 $12.75 Base $11.00+90% of metered water $1.54 per home Tiered Rates/tgals usage @ $4.34 per tgals. $10.74 $3.00 $3.27 per home -cart 0-2 tgals - $4.21 $1.10 per apt. unit 3-8 tgals - $5.14 $.77 for Seniors 9-15 tgals - $5.71 $2.50 for Seniors home- 16-35 tgals - $6.24 cart 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 *Effective through March 31, 2023. Operating Expenses Capital/One-Time Exp. Tax Rate Taxable Valuation Debt Rating: Moody's S&P $11.00+90% of metered water usage @ $4.34 per tgals. General Fund Key Fiscal Points $10.43 $2.75 $1.49 per home $3.16 per home -cart $1.09 per apt. unit $.74 for Seniors $2.41 for Seniors home - cart Proposed % Change Budget % Change Actual FY23 FY22 FY21 $49,693,014 9.7% $45,354,585 9.5% $41,320,647 $ 8,891,334 101% $ 4,423,783 30.1% $ 3,399,397 .4600 per $100 -3.2% .47500 per $100 2.7% .462500 per $100 Debt = .089153 Debt = .072112 Debt = .080546 M&O = .370847 M&O = .402888 M&O = .381954 $6,001,564,674 13.1% $5,306,690,383 2.7% $5,164,250,293 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 M N CO cr 00 I- Cfl to d (M CV Cfl CD Cfl 0 LO 0 to to 0 LO LO LO LO E c L /O V O �U C O U cn cu x a� L c U C6 +- O cv Z -a >1 U) -0 C N N '''' U N C =3 O U N U U L CU CU N 4-0 W C.) c 0 O O CU o 0 0 cu o O N n 5-2 General Fund Multi -Year Analysis $60.0 $50.0 $40.0 0 $30.0 aD $20.0 a� $10.0 $0.0 FY2019 FY2020 FY2021 FY2022 BUD FY2022 EST FY2023 PROP ■Property Taxes ■Franchise Fees oSales & Use Taxes ❑Fines & Fees oLicenses & Permits ■Interest Income ■Int'govt./Trans./Misc. FY22 Budget to REVENUE ACTUAL ACTUAL ACTUAL BUDGETED ESTIMATED PROPOSED FY23Proposed SOURCE FY2019 FY2020 FY2021 FY2022 FY2022 FY2023 % Diff Property Taxes $15,193,545 $17,149,229 $18,192,851 $19,248,931 $19,603,551 $19,869,934 3.23% Franchise Fees $4,438,654 $4,134,434 $4,131,593 $3,984,200 $4,196,097 $4,235,114 6.30% Sales & Use Taxes $13,176,850 $13,599,827 $15,001,072 $14,545,718 $18,014,374 $16,912,679 16.27% Fines & Fees $3,864,095 $2,924,661 $3,066,447 $3,154,425 $3,701,408 $3,542,328 12.30% Licenses & Permits $2,133,421 $1,697,638 $1,578,146 $655,300 $979,335 $642,900 (1.89%) Interest Income $442,141 $263,648 $62,639 $71,838 $36,573 $38,402 (46.54%) Int'gov't./Trans./Misc. $3,966,095 $4,576,495 $3,362,265 $3,720,797 $4,547,161 $4,522,591 21.55% TOTAL REVENUES $43,214,801 $44,345,932 $45,395,013 $45,381,209 $51,078,499 $49,763,948 9.66% Source - Percentage of General Fund Revenues AverageRevenue Property Taxes 35.16% 38.67% 40.08% 42.42% 38.38% 39.93% 39.11% Franchise Fees 10.27% 9.32% 9.10% 8.78% 8.21% 8.51% 9.03% Sales & Use Taxes 30.49% 30.67% 33.05% 32.05% 35.27% 33.98% 32.59% Fines & Fees 8.94% 6.60% 6.75% 6.95% 7.25% 7.12% 7.27% Licenses & Permits 4.94% 3.83% 3.48% 1.44% 1.92% 1.29% 2.82% Interest Income 1.02% 0.59% 0.14% 0.16% 0.07% 0.08% 0.34% Int'gov't./Trans./Misc. 9.18% 10.32% 7.40% 8.20% 8.91% 9.09% 8.85% TOTAL 100.00% 100.00% 100.00% 100.00% 100.01 % 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 39.11% of the total. Previously, sales and use taxes held the top spot, but have now dropped to the second highest source on average at 32.59% and Franchise fees third at 9.03%. Intergovernmental/Transfers/Misc. make up approximately 8.85% and fines & fees about 7.27% of total revenues with other sources varying from less than 1 % to a little under 3%. 5-3 General Fund FY2023 Revenue Assumptions Revenue Source Assumptions Property Taxes Projection based on revenues to cover needed expenses. Prior Year Property Taxes Projected to remain flat with FY22 budget based on historic trends. Penalties & Interest Projected increase from FY22 budget based on historic trends. Sales Tax Projected decrease from FY22 estimates due to a one-time payment in FY22 but expect an increase from FY22 budget. Additional Sales Tax Increase based on 25% of projected sales tax revenues without TIRZ allocation. Mixed Drink Tax Projected to increase with economic outlook and historic trend. Electric Franchise Projection for a slight increase based on historic trend and increasing rates. Gas Franchise Projected increase from FY22 budget based on historic trends. Telephone Access Line Fees Projected to remain flat with estimated FY22 revenues. Sanitation Services Franchise Projected increase from FY22 budget based on approved rates. Recycling Franchise Projected increase from FY22 budget based on approved rates. Cable Franchise Projected increase from estimated FY22 budget based on historic trend. Water & Wastewater Franchise Based on 5% of projected gross receipts. Other Permits Projected slight decrease based on historical trend. Health Permits Projected increase based on historic trend and food establishment economic outlook. Fire Permits Projected to decrease based on historic trend. Contractors Regulatory License Projected to decrease from FY22 budget based on historic trend. Minimum Housing Projected to remain flat with FY22 budget. Miscellaneous Permits and Fees Projected to increase slightly from FY22 budget based on historic trend. Building Permits Projected to remain flat with FY22 budget. Police Program Reimbursements Projected to remain flat with FY22 budget. School Police Reimbursements Based on current contract of four patrol officers. Municipal Court Projected to increase from FY22 budget based on recent trend. Library Fees Projected slight increase from FY22 budget based on historic trend. Ambulance Fees Projected an increase from FY22 budget. Alarm Revenue Projected an increase from FY22 estimates. Jail Revenue Based on termination of Federal agreement but continuation of interlocal shared services agreement. Interest Income Projected to increase from FY22 estimates based on market outlook. Miscellaneous Projected slight decrease with FY22 budget. Tower Lease Revenue Based on current lease agreements. Betterment Contributions Projected to remain flat with FY22 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 FY23 Operating & Maintenance Debt Service Adj. Net Taxable Value Assessed $5,193,568,181 $5,193,568,181 TIF Increment Value $299,126,638 Proposed Tax Rate per $100 Valuation 0.370847 0.089153 Estimated Tax Levy $20,369,494 $4,630,222 TIF Distribution $1,418,765 Est. Percent of Collection (O&M and I&S) 98.00% 100.00% General Fund Collections $18,571,714 Ceiling Revenues $1,203,220 $289,259 Estimated Fund Collections $19,774,935 $4,919,481 Proposed Fund Distribution Additional Rate Percent $ Amount Sales Tax Total Operating & Maintenance - General Fund 0.370847 80.62% $19,774.935 $ 3,440,050 $ 23,214,985 Interest and Sinking - Debt Service Fund 0.089153 19.38% $4,919,481 $ - $ 4,919,481 TOTAL 0.460000 100.00% $24,694,416 $ 3,440,050 $ 28,134,466 Ten Year Breakdown of Tax Rate 0,500000 0.450000 - 0.400000 0.350000 C O Y 0.300000 > 0.250000 0 0.200000 d d 0,150000 0.100000 U 0.050000 0.000000 2014 2015 2016 2017 2018 2019 2020 2021 2022 Proposed 2023 Interest & Sinking ❑ Operating & Maintenance Fiscal Operating & Interest & Total Year Maintenance Sinking Tax Rate 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 2022 0.402888 0.072112 0.475000 Proposed 2023 0.370847 0.089153 0.460000 5-5 U) LLI 0 a Q 2 F- W N 06 Z F- a a H 0 tU W Cl) N U�; 00 0') M Cl) O Ln OA Ln W W w H U r -7 M r- � C O Sao z = w w i W (D M Ln O W .- 69 69 69 � fa% � Q0 2 w _I N r- 00 N 6D O O N N 00 N co Ln co O M O O W W CD I- - o M 4 M 0000 a06q 6 6 69. x z z0� ~ H D N (14 M O N fl- Lo a Cn N_ .= M Lon 0O0 0 Q Z 2 N 69 69 6fl 64 69 64 69 W W 6M W z 00_ ZO I-- W O It Lo 6fl t Lin Vi F- Xwa C ti Lo 't M � c O Q 00 N 69 69 6H 66% 69 H= X 64 W z O O w 0 0 0 0 0 0 0 Z N a Cl o O O o N O W= N U w U') 69 co 6A co to f- EA (0 69 In 69 M 69 w Z O W ;a o 0 0 0 0 o O N NO CD N 2 W OX = W W Z o N N co co 6o 0 D V D LLO n O (N9 CD l CD N O N O (0 cs p (0 lq- O N U O ci W J O c� 0 Z w a = a N w w D 0 D m m Z (D U Q LL1 N N 0 N _a 0 O m a) 3 N E O L N LT cu I� W W 01 z N N O N 0 U) m N N N w 0 U c L .0 C C- N Q N o Co d N c (n N N V O L o 0 U) > 0 L N N 7 m a, > N O O 0 U O t 06 N p m o Q m 0o U N N N U 0 5-6 TAX RATE IMPACT FY2021-22 FY2022-23 Budgeted Proposed Tax Rate @ 47.50000 @ 460 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) $380.00 $368.00 or monthly $31.67 $30.67 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) $213.75 $207.00 or monthly $17.81 $17.25 Average Home Value- $240,354 $287,000 Annual Tax $913.35 $1,056.16 Over 65 Average Home Value*- $239,106 $269,624 Annual Tax $742.35 $831.22 * 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 Water & Wastewater Fund FY23 Revenue Assumptions Revenue Source Assumptions Interest Income Projected to decrease based on market outlook and investable balances. Sanitation Services Projected to remain flat with FY22 budget. Water Service Consumption is estimated to increase slightly with FY22 year- end projections based on expected growth. Volume rates increased by 560 per 1,000 gallons and the residential base rates increased b $1 or 7.8% for FY22. Wastewater Service Anticipated treatment volume is estimated remain flat with FY22 budgeted volume. Volume rates increased by 190 per 1,000 gallons and base rates increased b $1 for FY22. Reclaimed Water Service Consumption is relatively flat with that of the prior fiscal year's estimates. Rates per tier are based on 85% of the potable water rate per tier. Sale of New Meters Projected to decline 50% from the FY22 budget. Reconnect Fees Projected to remain flat with FY22 budget. Inspection Fees Projected to remain flat with FY22 budget. Miscellaneous Projected to remain flat with FY22 budget. Penalties Projected to remain flat with FY22 budget. Initiation & Transfer Fees Projected to remain flat with FY22 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 WATER Year Base Rate 0-2 Tgals 3-8 T als 9-15 T als 16-35 T als >35 T als FY14 $8.45 $2.67 $3.60 $4.17 $4.70 $5.30 FYI $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 FYI $10.75 $3.44 $4.37 $4.94 $5.47 $6.07 FYI $11.75 $3.58 $4.51 $5.08 $5.61 $6.21 FYI $12.50 $3.88 $4.81 $5.38 $5.91 $6.61 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 $12.75 $4.21 $5.14 $5.71 $6.24 $6.84 FY23 Proposed $13.75 $4.77 $5.70 $6.27 $6.80 $7.40 WASTEWATER DRAINAGE FEE 90% of Metered Lot Less Year Base Rate Water Year Than 5 Acres FY14 $7.25 $3.19 FY14 $2.50 FYI $7.75 $3.33 FYI $2.50 FY16 $8.50 $3.59 FY16 $2.50 FY17 $9.50 $3.72 FYI $2.50 FYI $10.50 $3.98 FY18 $2.75 FYI $10.75 $4.27 FY19 $2.75 FY20 $11.00 $4.29 FY20 $2.75 FY21 $11.00 $4.34 FY21 $2.75 FY22 $11.00 $4.34 FY22 $3.00 FY23 Proposed $12.00 $4.53 FY23 Proposed $3.00 5-9 Cl) uj a Z ui > z uj < Cl) Z LL 00 z N y z U) 0- 2 0 0 0 U. Z 0 (D W a) a) Lq It LO LICT O V) It U V V 't oc) LLI w CL D .2:1 -h2 -14e) 3� 11; -12 3 D cn (1) >N >N m m (1) >1 m cn m (1) >1 m N m C14 CN C\l (14 a) N a) a) (1) a) 0 (0) 1 W" W" W" W" W" W" 0 z z LL 0 0 Lr) r- (0 oi LO � 00 0 6rk VII 61% T- 6S. V11- 6r* 0 w 1 c!) w 2 0 T— U') LO 00 C14 0 o 00 U-) m N Lr) NZ (q LQ z R 0 ce) N 0 C� cvj C6 7) LL N w Cl) z ui 0 w m w F- 15 U) LL D- -j W Q� w o < C� -i w —i w w 0 co (D z L) M: Q w 5-10 DRAINAGE UTILITY CHARGE RESIDENTIAL MONTHLY RATE COMPARISON — Bedford $4.50 Grapevine $4.00 * North Richland Hills $6.31 Colleyville $7.00 Hurst $4.00 Euless 1 $3.00 Rates as of June 2022 * North Richland Hills base charge on lot size. COMMERCIAL MONTHLY RATE COMPARISON" Bedford $71.88 Grapevine $24.50 North Richland Hills $28.25 Colleyville $24.40 Hurst $51.84 AVERAGE$40 .17 Euless $22.72 mum) 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 n�7 CITY MINIMUM BILL WATER RATE 3,000 GALLONS 8,000 GALLONS 1 12,000 GALLONS 15,000 GALLONS 20,000 GALLONS BEDFORD - NON -SENIOR $20.23 4.44/ gals $33.55 $55.75 $73.51 $86.83 $109.03 SENIOR $18.39 4.44/ gals $31.71 $53.91 $71.67 $84.99 $107.19 GRAPEVINE' $14.50 4.07/>2 gals $18.57 $38.92 $55.20 $67.41 $87.76 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 $14.06 4.34/gals $27.08 $48.78 $66.14 $79.16 $100.86 HURST $18.23 7.32/>2 gals $25.55 $62.15 $91.43 $113.39 $149.99 AVERAGE $16.90 5.47/gals $26.90 $54.25 $76.13 $92.54 $119.89 EULESS $13.75 4.77 / 0-2 gals $28.99 $57.49 $82.57 $101.38 $135.38 5.70 / 3-8 gals 6.27 / 9-15 gals 6.80 / 16-35 gals 7.40/ > 35 gals EULESS - w/Rebate $13.75 $27.49 $53.49 $76.57 $93.88 $127.88 'Minimum bill includes first 2,000 gallons of usage. Rates as of October 2021. WASTEWATER MINIMUM WASTEWATER WATER CONSUMPTION 3,000 8,000 12,000 15,000 20,000 CITY 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 $10.36 4.33/> 2 gals $14.69 $36.34 $53.66 $66.65 $66.65 N. R. HILLS3 $11.00 4.47/gals $24.41 $46.76 $64.64 $78.05 $94.59 COLLEYVILLE $12.32 3.07/gals $21.53 $36.88 $49.16 $58.37 $73.72 HURST $13.19 4.23/gals $25.88 $47.03 $63.95 $76.64 $97.79 AVERAGE $11.99 3.921ga/s $22.02 $41.63 $57.32 $69.09 $83.20 EULESS' $12.00 4.53/gals $24.23 1 $44.62 1 $60.92 1 $66.36 1 $66.36 'Wastewater charge is based on 90% of metered water and shall not exceed 12,000 gallons of wastewater treated. 2Capped at 15,000 gallons. 3Capped at 2,500 cf or 18,700 gallons. Rates as of October 2021. 5-12 Impact of Water Rate Increase Impact of 5¢ increase on all tiers: Impact of 100 increase on all tiers: To City: Additional revenues generated To City: Additional revenues generated Increase Estimated Volume* Revenue Increase Estimated Volume* Revenue 050 2,112,466 $ 105,623 100 2,112,466 $ 211,247 To Citizens: Estimated Increase To Citizens: Estimated Increase Monthly $ 0.32 Monthly $ 0.65 Annually $ 3.89 Annually $ 7.78 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 Increase Estimated Volume* Revenue 150 2,112,466 $ 316,870 200 2,112,466 $ 422,493 To Citizens: Estimated Increase To Citizens: Estimated Increase Monthly $ 0.97 Monthly $ 1.30 Annually $ 11.66 Annually $ 15.55 * amounts shown in thousands of gallons Calculations based on 27,165 water customers Impact of Wastewater Rate Increase Impact of 5¢ increase on rate: Impact of 100 increase on rate: To City: Additional revenues generated To City: Additional revenues generated Increase Estimated Volume* Revenue Increase Estimated Volume* Revenue 050 1,545,000 $ 77,250 100 1,545,000 $ 154,500 To Citizens: Estimated Increase To Citizens: Estimated Increase Monthly $ 0.24 Monthly $ 0.48 Annually $ 2.87 Annually $ 5.73 Impact of 150 increase on rate: Impact of 200 increase on rate: To City: Additional revenues generated To City: Additional revenues generated Increase Estimated Volume* Revenue Increase Estimated Volume* Revenue 150 1,545,000 $ 231,750 200 1,545,000 $ 309,000 To Citizens: Estimated Increase To Citizens: Estimated Increase Monthly $ 0.72 Monthly $ 0.96 Annually $ 8.60 1 Annually $ 11.46 * amounts shown in thousands of gallons Calculations based on 26,954 wastewater customers Q J (q U.)O O ch 00 m c0 �- ep rn cM ~ J m � � M O N_ n t- � 0 Z VLq V w W U Z W 0LO U Z W U Z 6q Z O N a609- a; U') � r- � 00 � ai 6% er 619, o w 0 _ Z� O M O O It vi 661) � 61) 64 669 6�q EA 0 w w OD CY) W �C9 r- 6q O O � co � r e� � 0000 669 � 660- h N r- 0) (D r ea N � � � � W V p w 0 co Z W a-� (D J a:� Z J J -i OU w = W W Q U) w 5-14