HomeMy WebLinkAboutPreliminary Annual Operating Budget FY24-25City of
Euless
Preliminary Annual
Operating Budget
Fiscal Year Ending September 30, 2025
201 N. Ector Drive, Euless, TX 76039 www.eulesstx.gov
CITY OF EULESS
FISCAL YEAR 2024-2025
LINDA MARTIN, MAYOR
Tim Stinneford, Council Member – Place One
Jeremy Tompkins, Council Member – Place Two
Eddie Price, Council Member – Place Three
Perry Bynum, Council Member – Place Four
Annabel Eads, Council Member – Place Five
Tika Paudel, Council Member – Mayor Pro Tem, 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 ...................................................................................................................... 1-7
Executive Summary, General Fund .......................................................................... 8
Executive Summary, Water & Wastewater Fund ...................................................... 9
Executive Summary, Car Rental Fund .................................................................... 10
Fund Balance Summary, General & Internal Service Funds ................................... 11
Fund Balance Summary, Special Revenue Funds ............................................. 12-13
Fund Balance Summary, Enterprise Funds ............................................................. 14
Fund Balance Summary, Debt Service Funds ........................................................ 15
Fund Balance Summary, Reserve Funds ................................................................ 16
ESTIMATED REVENUES & PROPOSED EXPENSE
Where Does the Money Come From? ..................................................................... 17
Where Does the Money Go? ................................................................................... 18
General Fund Revenues ......................................................................................... 19
Tax Rate Scenarios ................................................................................................. 20
General Fund Expenditures .................................................................................... 21
Water & Wastewater Revenues .............................................................................. 22
Proposed Water Service Rates ............................................................................... 23
Proposed Wastewater Service Rates ...................................................................... 24
Water & Wastewater Expenditures .......................................................................... 25
All Other Enterprise Operating Funds ..................................................................... 26
Special Revenue Operating Funds ..................................................................... 27-28
Internal Service Operating Funds ............................................................................ 29
Debt Service Operating Funds ................................................................................ 30
Personnel Counts .................................................................................................... 31
BOND INDEBTEDNESS
Schedule of Outstanding Indebtedness ................................................................... 32
CAPITAL EXPENSES & FUNDING
Capital & Supplemental Requests by Fund ........................................................ 33-35
REQUIRED DISCLOSURE ................................................................................................ 36
2024 TAX RATE CALCULATION WORKSHEETS ................................................................ 37
SUPPLEMENTARY INFORMATION
INTRODUCTION ........................................................................................................ TAB 1
Organizational Chart .............................................................................................. 1-1
Budget Process ...................................................................................................... 1-2
Budget Calendar Resolution .................................................................................. 1-5
Excerpt from Charter .............................................................................................. 1-7
Fiscal Policies......................................................................................................... 1-9
CAPITAL, INFRASTRUCTURE PLANS & FLEET/EQUIPMENT REPLACEMENT ..................... TAB 2
Capital & Supplemental Requests by Fund ............................................................ 2-1
Capital & Supplemental Requests by Department ................................................. 2-4
FY2024-25 Infrastructure Plan ............................................................................... 2-7
Memo, Projected Equipment Replacement Fund ................................................... 2-8
Proposed Fleet Depreciation Transfer .................................................................... 2-9
Proposed Misc. Asset Depreciation Transfer ....................................................... 2-10
Proposed Building Asset Depreciation Transfer ................................................... 2-12
Proposed Fleet Replacements ............................................................................. 2-13
Proposed Misc. Asset Replacements ................................................................... 2-14
Proposed Building Asset Replacements .............................................................. 2-15
Proposed Fleet Carryover .................................................................................... 2-16
Proposed Misc. Asset Carryover .......................................................................... 2-17
DEBT ...................................................................................................................... TAB 3
Schedule of Outstanding Indebtedness .................................................................. 3-1
Annual Debt Service ............................................................................................... 3-2
Total General Obligation Debt ................................................................................ 3-3
Tax-Supported General Obligation Debt ................................................................ 3-4
TIRZ/PID Supported General Obligation Debt ..................................................... 3-12
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 ..................................................................................... 3-29
PERSONNEL & INSURANCE ....................................................................................... TAB 4
Personnel Counts ................................................................................................... 4-1
Personnel Counts by Fund ..................................................................................... 4-2
Proposed Public Safety Pay Plan ........................................................................... 4-3
Proposed Non-Exempt Pay Plan ............................................................................ 4-5
Proposed Exempt Pay Plan ................................................................................... 4-7
Proposed Part-Time – Seasonal Pay Plan…………………………………………….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
Property Tax Revenues .......................................................................................... 5-5
Tax Rate & Exemptions Comparisons .................................................................... 5-6
Tax Rate Impact ..................................................................................................... 5-7
Water / Wastewater Fund Revenue Assumptions .................................................. 5-8
Utility Rate 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
Utility Bill Comparison .......................................................................................... 5-14
201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 ・ Metro 817/267-4403 ・ Fax 817/685-1416
www.eulesstx.gov
July 29, 2024
Honorable Mayor Linda Martin
Honorable City Councilmembers:
Tim Stinneford, Place One
Jeremy Tompkins, Place Two
Eddie Price, Place Three
Perry Bynum, Place Four
Annabel Eads, Place Five
Tika Paudel, Mayor Pro Tem, Place Six
INTRODUCTION
As required by the City of Euless' Home Rule Charter, the operating budget for the fiscal
year beginning October 1, 2024 and ending September 30, 2025 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 19, 2024, and was based on estimated taxable property values since certified values
were not received until July 25, 2024. As stated in the 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 funding to continue excellent service to our
citizens and retain a talented and skilled workforce while addressing inflationary
pressures and facility and infrastructure needs.
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Highlights of the proposed budget are detailed below:
The proposed property tax rate is 44.67¢ per $100 of assessed valuation; a
decrease of 1.08¢ from the current rate of 45.75¢ per $100 of assessed valuation.
There are no cuts in programs or services for citizens.
Personnel additions include a Water Field Technician I, a Park Field Technician I,
and an Elementary School Resource Officer Manager, along with upgrade of an
Office Technician at Texas Star Golf Course.
In an effort to maintain a skilled workforce and remain competitive, a 3.5%
baseline salary increase is proposed for public safety personnel and funds have
been included to provide a merit-based range for non-public safety. This range
will be established based on an expected average of 3.5%.
The proposed water rate includes an increase to the volume rate of 32¢ per 1,000
gallons, which is a direct pass-through from Trinity River Authority (TRA) in our
cost to purchase water.
The proposed wastewater rate includes an increase to the volume rate of 36¢ per
1,000 gallons, which is a direct pass-through from TRA in our cost for collection
and treatment of the wastewater.
The rate stabilization rebate has been increased from 50¢ to 75¢ per 1,000
gallons for residential water customer usage, up to 15,000 gallons per month.
The storm drain fee is proposed to increase 75¢ per single family residential
customer with a corresponding increase for commercial customers. This increase
is to fund curb and gutter infrastructure improvements for the efficient drainage of
storm water.
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 has been increased $25,000 to $1,125,000 in an effort to keep pace
with inflation.
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. The proposed amount for FY2024-25 is $1,125,000. An additional
$1,000,000 has been included from excess reserves to supplement the annual
funding of street improvements and $3,000,000 has been allocated to General
CIP Fund Balance for future capital projects.
The Car Rental Fund includes a transfer to CIP in the amount of $4,000,000 and
the Euless Development Corporation (EDC) Fund includes a transfer to CIP in the
amount of $3,000,000 for future projects identified by citizens in the updated
Parks Master Plan.
The City is partnering with HEB (Hurst-Euless-Bedford) ISD (Independent School
District) to serve as a lead agency to provide part-time Elementary School
Resource Officers to HEB ISD elementary schools. Funding provided by HEB
ISD will be accounted for in a special revenue fund along with associated
expenses. The program is subject to approval of an interlocal agreement
between HEB ISD and cities located with HEB ISD jurisdiction.
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The debt service funds include the early payoff of a portion of the Glade Park
TIRZ (Tax Increment Reinvestment Zone) debt and Texas Star Golf Course debt
along with the final payment for the Stars Center Debt.
Depreciation funding for the majority of the City’s vehicles, equipment, furnishing
and fixtures, and facility needs is included in the baseline budgets.
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, and assets that are due for replacement.
GENERAL FUND
General Fund revenues are proposed at $56,878,985, which represents an increase of
6.7% from the previous year’s budget. The increase is primarily due to an estimated
increase in property tax revenue from new development and increased values,
contractual payments from other governmental entities for shared services, increased
sales tax collections, increased car rental tax collections, and interest income.
Property valuation as of July 25th, including minimum value of property under protest and
incomplete properties, provided to the City by Tarrant Appraisal District totaled
$7,309,358,692 for FY2024-25. This represents an increase of $465,267,568 or 6.8%
from the FY2023-24 tax roll of $6,844,091,124. The tax rate proposed for FY2024-25 is
44.67¢ per $100 of assessed valuation, which includes 36.5289¢ for maintenance and
operations and 8.1411¢ for debt service.
FY2023-24 sales tax collections are projected to end the fiscal year up almost 3.2% from
budget due to better than expected collections. This is attributed to continued
commercial development and inflationary increases. Projections for FY2024-25 sales
taxes assumes a 2.8% increase over the current year budget.
Other revenue sources vary in their projections. While building permits have been strong,
this revenue source will be vastly reduced as the City reaches buildout. Therefore, we
continue to reduce our dependence on this revenue. Municipal court fines and fees 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 increase based on the contractual agreement with
other government entities. Interest income is expected to increase from current year
budget but be lower than current year estimate as the Federal Reserve is expected to
start cutting rates. Tower lease rentals are expected to increase based on existing
agreements.
General Fund operating expenses, excluding capital programs, are proposed at
$56,869,767 which represents an increase of approximately 6.8%. This increase is
primarily due to the proposed pay plan adjustments, contractual agreements, traffic
enforcement enhancement, annual increase for street improvements, network and
system expansion, and new computer aided design software (CAD).
201 N. Ector Drive, Euless, Texas 76039-3595
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201 N. Ector Drive, Euless, Texas 76039-3595
817/685-1400 ・ Metro 817/267-4403 ・ Fax 817/685-1416
www.eulesstx.gov
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 FY2024-25 budget includes proposed operating revenues of $34,969,820, which is
an increase of 5.5% over the current year budget. The water and wastewater revenue
projections are based on proposed rates, detailed above, and estimated consumption. A
proposed rebate of 75¢ per 1,000 gallons of water used up to a maximum of 15,000
gallons per month is included for single-family residential customers. The City’s Rate
Stabilization Fund will provide the resources to cover the cost of the proposed rebate.
Proposed water and wastewater baseline expenses are $34,964,401, which is an
increase of 5.5% over current year. The increase is attributed to the increased costs from
TRA for our purchase of water and treatment of wastewater, the proposed pay plan, and
the addition of a Water Field Technician I.
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.
EQUIPMENT REPLACEMENT FUND
The City maintains an equipment replacement program to accumulate funds for the
replacement of vehicles, equipment, assets and certain facility items. Funding is
provided annually by user departments in order to accumulate funds necessary to cover
the expected replacement costs. Any shortages in accumulated funds are supplemented
with funding from the Car Rental Fund.
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RISK MANAGEMENT & WORKERS COMPENSATION FUND
This fund is used to account for the revenue and expenses applicable to providing
workers’ compensation coverage for all City employees, as well as, general liability and
property coverage. The reserve in this fund is $1,000,000.
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 decrease slightly from the current year
budget based on current trends. Historical preservation, conference center operations,
and contractual rebates are included in the proposed budget. Capital expenses for
foundation repairs to the historical museum and funding for Arbor Daze is included in the
budget.
Half-Cent Sales Tax Fund – Euless Development Corporation (EDC)
Euless citizens approved an additional ½¢ sales tax in 1993 that is restricted for parks,
library, and economic development activities. Sales tax revenue projections assume a
3% increase over current budget. As mentioned earlier, funding for a new Park Field
Technician I has been added. Recommended capital programs, as detailed in Tab 2,
include transfers to CIP for miscellaneous parks improvements, playground shade
structures, turf installation, improvements for the Parks at Texas Star South and for future
projects identified as part of the updated Parks Master Plan. Other capital projects
include funding for Family Place equipment, library shelving bins, library security,
software for the Parks department, and Christmas decorations. This budget maintains
the required reserves equal to 60 days of working capital.
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 continue to be strong. We expect revenues of $19,157,728 in
FY2024-25.
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201 N. Ector Drive, Euless, Texas 76039-3595
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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, funding is
included for the airport revenue sharing obligations and equipment replacement funding
as mentioned previously. Funding has also been provided for a temporary animal
shelter, signage at the City Hall campus, redevelopment, improvements to a City owned
facility on S. Pipeline, golf course upgrades, and a transfer to CIP for future projects
identified in the updated Parks Master Plan.
The reserve level for this fund is $4,000,000 due the reliance on this funding for general
government operations.
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 FY2024-25 recommended Priority A projects include drainage projects at Carr Park
and South Mills Drive, Fuller-Wiser Road/Bear Creek Parkway roadway rehabilitation,
street improvements, wastewater line replacement at Fair Oaks Boulevard/Lone Oak
Circle, wastewater line replacement engineering for Oakwood Terrace North (Phases I, II,
and III), water line replacement for Sotogrande Boulevard Phase II, golf course upgrades,
playground shade structures, and improvements and turf installation at the Parks at
Texas Star South.
LONG-TERM DEBT
The City has existing long-term debt issued for the acquisition and construction of major
capital facilities, infrastructure, and equipment. 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.
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201 N. Ector Drive, Euless, Texas 76039-3595
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www.eulesstx.gov
Certificates of Obligation – similar to General Obligation bonded debt in usage, but do not
require voter authorization and cannot be used for refunding existing debt.
Water and Wastewater Revenue Bonds – issued to provide funds for certain
improvements to the water and wastewater system as well as to refund prior water and
wastewater debt issues. These bonds are reported in the Water and Wastewater Fund
and will be repaid from revenues of this enterprise operation.
Sales Tax Revenue Bonds – are used to finance library, park, and economic
development projects as well as to refund prior sales tax revenue debt issues. Sales tax
revenue bonds will be repaid from the half-cent sales tax revenues collected by the
Euless Development Corporation.
The City strives to utilize the long-term plan to maintain a stable Interest and Sinking
(I&S) tax rate so as not to have undue volatility in the overall tax rate due to capital
projects and debt issuance. Additional information relating to the City’s currently
outstanding debt is included in Tab 3 of this book.
This budget includes the early payoff of the 2011, 2014 and 2015 Certificate of Obligation
from the Glade Parks TIRZ.
This budget also includes the early payoff of the General Obligation Refunding Bonds,
Series 2012A for the Texas Star Golf Course and the final payment for the Taxable
General Obligation Refunding Bonds Series 2010 for the Stars Center.
CLOSING COMMENTS
This proposed budget is focused on providing the resources to allow us to continue all
current service levels while addressing inflationary impacts.
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 highly-skilled professional personnel; maintaining the City’s
infrastructure; promoting quality development; providing 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
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FY 2024 Budgeted Resources 61,695,165$
Less Use of Prior Year Reserves (8,399,424)$
FY 2024 Net Operating Revenues 53,295,741$
Proposed Changes in Revenue
Property Taxes 1,551,659$
Sales Tax 476,439$
Franchise Fees 135,768$
Licenses and Permits (51,107)$
Fines and Fees 229,706$
Contractual Services 673,691$
Interest Income 229,389$
Transfers 262,906$
Other Changes 74,793$
Subtotal:3,583,244$
FY 2025 Proposed Operating Revenues 56,878,985$
FY 2024 Budgeted Expenses 61,651,932$
Less Capital / One-Time Expenses (8,399,424)$
FY 2024 Net Operating Expenses 53,252,508$
Proposed Changes in Expenses
Salaries and Benefits 1,747,331$
Rebates/Incentives 1,030,999$
Professional/Technical 410,839$
Utilities and Fees 64,694$
Maintenance/Supplies 116,022$
Equipment Replacement 38,004$
Street Improvements 52,300$
Other Changes 123,040$
Subtotal:3,583,229$
FY 2025 Proposed Supplemental 34,030$
FY 2025 Proposed Operating Expenses 56,869,767$
Proposed Capital / One-Time Expenses
Capital / One-Time Carryover 996,002$
Recommended Capital / One-Time Expenses 5,891,968$
FY 2025 Proposed Capital / One-Time Expenses 6,887,970$
FY 2025 Proposed Budget 63,757,737$
EXECUTIVE SUMMARY
GENERAL FUND
8
FY 2024 Budgeted Resources 35,539,747$
Less Use of Prior Year Reserves (2,403,944)$
FY 2024 Net Operating Revenues 33,135,803$
Proposed Changes in Revenue
Water Service 1,072,123$
Wastewater Service 388,529$
Reclaimed Water Service 136,835$
Interest Income 232,978$
Sanitation/Recycling/Penalties 119,930$
Other Changes (116,378)$
Subtotal:1,834,017$
FY 2025 Proposed Operating Revenues 34,969,820$
FY 2024 Budgeted Expenses 35,537,294$
Less Capital / One-Time Expenses (2,403,944)$
FY 2024 Net Operating Expenses 33,133,350$
Proposed Changes in Expenses
Salaries and Benefits 246,226$
TRA Payments 999,338$
Reclaimed Water Purchases 43,194$
Transfers 107,963$
G&A/Franchise 182,400$
Utilities and Fees 36,971$
Maintenance 21,000$
Regulatory Fees 10,000$
Other Changes 94,607$
Subtotal:1,741,699$
FY 2025 Proposed Supplemental 89,352$
FY 2025 Proposed Operating Expenses 34,964,401$
Proposed Capital / One-Time Expenses
Capital / One-Time Carryover 230,374$
Recommended Capital / One-Time Expenses 427,378$
FY 2025 Proposed Capital / One-Time Expenses 657,752$
FY 2025 Proposed Budget 35,622,153$
EXECUTIVE SUMMARY
WATER & WASTEWATER
9
FY 2024 Budgeted Resources 26,068,273$
Less Use of Prior Year Reserves (7,997,972)$
FY 2024 Net Operating Revenues 18,070,301$
Proposed Changes in Revenue
Car Rental Taxes 1,440,177$
Transfer In 750,000$
Interest Income 217,712$
Subtotal:2,407,889$
FY 2025 Proposed Operating Revenues 20,478,190$
FY 2024 Budgeted Expenses 22,595,842$
Less Capital / One-Time Expenses (7,997,972)$
FY 2024 Net Operating Expenses 14,597,870$
Proposed Changes in Expenses
DFW Rebate 960,119$
Contingencies -$
Transfer to General Fund 160,019$
Transfer to Equipment Replacement 398,551$
Subtotal:1,518,689$
FY 2025 Proposed Operating Expenses 16,116,559$
Proposed Capital / One-Time Expenses
Capital / One-Time Carryover 372,972$
Recommended Capital / One-Time Expenses 9,140,000$
FY 2025 Proposed Capital / One-Time Expenses 9,512,972$
FY 2025 Proposed Budget 25,629,531$
EXECUTIVE SUMMARY
CAR RENTAL FUND
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Beginning Balance, FY24 $22,875,701 $5,270,336 $2,674,305 $23,899,587
(per audit, FYE 2023)
FY24 Estimated Revenues 55,653,098 8,745,766 1,538,077 6,373,831
Total Available: 78,528,799 14,016,102 4,212,382 30,273,418
FY24 Estimated Expenses (53,685,191) (8,482,607) (1,448,792) (3,355,442)
Proposed Budget Adjustment 0000
Capital / One-Time Expenses (7,403,422)0 0 (1,534,999)
Total Projected Expenses: (61,088,613)(8,482,607)(1,448,792)(4,890,441)
Estimated Ending Balance FY24 17,440,186 5,533,495 2,763,590 25,382,977
FY25 Budgeted Revenues 56,878,985 9,391,608 1,532,586 6,675,618
Total Available: 74,319,171 14,925,103 4,296,176 32,058,595
FY25 Budgeted Expenses (56,869,767) (9,278,882) (1,462,444) (6,019,666)
Capital Carryover (996,002) (44,000) 0 (2,714,092)
Capital / One-Time Expenses (5,891,968)(40,000)0 0
Total Projected Expenses: (63,757,737)(9,362,882)(1,462,444)(8,733,758)
Projected Ending Balance, FY25 10,561,434 5,562,221 2,833,732 23,324,837
Less: Designated Reserve (124,430)0 0 0
Adjusted Ending Balance 10,437,004 5,562,221 2,833,732 23,324,837
Recommended Reserve Levels per Fiscal Policy:
9,348,455 3,223,003 1,000,000 23,324,837
Available for Supplemental:9,218 112,726 70,142 655,952
Available for Capital / One-Time:1,079,331 2,226,492 1,763,590 (655,952)
Total Available 1,088,549 2,339,218 1,833,732 0
Fund Balance Summary
Estimated FY2023-24 and Budgeted FY2024-25
General and Internal Service Funds
General Insurance &
Benefits
Risk Mgmt. &
Workers
Comp
Equipment
Replacement
11
Fund Balance Summary
Estimated FY2023-24 and Budgeted FY2024-25
Special Revenue Funds
Beginning Balance, FY24 $2,358,030 $219,420 $5,440,464 $2,339,568 $13,342,704
(per audit, FYE 2023)
FY24 Estimated Revenues 1,464,749 56,957 7,581,335 3,532,168 20,468,523
Total Available: 3,822,779 276,377 13,021,799 5,871,736 33,811,227
FY24 Estimated Expenses (1,616,570) (27,584) (5,408,028) (3,396,829) (14,597,870)
Proposed Budget Adjustment 0 0 0 0 (1,153,981)
Capital / One-Time Expenses (275,000)(1,000)(1,121,853)(1,414,450)(7,625,000)
Total Projected Expenses: (1,891,570)(28,584)(6,529,881)(4,811,279)(23,376,851)
Estimated Ending Balance FY24 1,931,209 247,793 6,491,918 1,060,457 10,434,376
FY25 Budgeted Revenues 1,520,455 52,631 7,503,154 3,481,553 20,478,190
Total Available: 3,451,664 300,424 13,995,072 4,542,010 30,912,566
FY25 Budgeted Expenses (1,516,645) (28,439) (5,911,934) (3,480,136) (16,116,559)
Capital Carryover 0 (11,421) (791,925) 0 (372,972)
Capital / One-Time Expenses (372,390)0 (5,293,327)(178,600)(9,140,000)
Total Projected Expenses: (1,889,035)(39,860)(11,997,186)(3,658,736)(25,629,531)
Projected Ending Balance, FY25 1,562,629 260,564 1,997,886 883,274 5,283,035
Less: Designated Reserve 0 0 0 0 0
Adjusted Ending Balance 1,562,629 260,564 1,997,886 883,274 5,283,035
Recommended Reserve Levels per Fiscal Policy:
249,312 4,675 971,825 572,077 4,000,000
Available for Supplemental:3,810 24,192 1,591,220 1,417 4,361,631
Available for Capital / One-Time:1,309,507 231,697 (565,159)309,780 (3,078,596)
Total Available 1,313,317 255,889 1,026,061 311,197 1,283,035
Hotel/
Motel
EDC 1/2 Cent
Sales Tax
CCPD 1/4
Cent Sales
Tax
Car RentalJuvenile
Case
12
Fund Balance Summary
Estimated FY2023-24 and Budgeted FY2024-25
Special Revenue Funds (continued)
Beginning Balance, FY24 $505,471 $0 $0 $215,538 $750,000 $4,620,686 $611,588 $35,927 $914,541
(per audit, FYE 2023)
FY24 Estimated Revenues 180,929 0 152,918 9,826 0 2,653,620 78,187 366,464 1,040,427
Total Available: 686,400 0 152,918 225,364 750,000 7,274,306 689,775 402,391 1,954,968
FY24 Estimated Expenses (220,000)0 (152,918) (51,048)0 (1,130,113) (85,400) (361,321) (742,400)
Proposed Budget Adjustment 0 0 0 0 0 0 0 0 0
Capital / One-Time Expenses 0 0 0 0 0 0 (10,000)0 0
Total Projected Expenses: (220,000)0 (152,918)(51,048)0 (1,130,113)(95,400)(361,321)(742,400)
Estimated Ending Balance FY24 466,400 0 0 174,316 750,000 6,144,193 594,375 41,070 1,212,568
FY25 Budgeted Revenues 51,606 2,310,000 1,235,291 5,873 0 2,739,028 76,928 160,822 996,885
Total Available: 518,006 2,310,000 1,235,291 180,189 750,000 8,883,221 671,303 201,892 2,209,453
FY25 Budgeted Expenses (220,000) (2,269,080) (1,235,291) (51,020) (750,000) (1,132,325) (75,000) (158,518) (942,504)
Capital Carryover 0 0 0 0 0 0 (24,600) 0 0
Capital / One-Time Expenses 0 0 0 0 0 (6,321,983)0 0 0
Total Projected Expenses: (220,000)(2,269,080)(1,235,291)(51,020)(750,000)(7,454,308)(99,600)(158,518)(942,504)
Projected Ending Balance, FY25 298,006 40,920 0 129,169 0 1,428,913 571,703 43,374 1,266,949
Less: Designated Reserve 0 0 0 0 0 0 0 0 0
Adjusted Ending Balance 298,006 40,920 0 129,169 0 1,428,913 571,703 43,374 1,266,949
Recommended Reserve Levels per Fiscal Policy:
0 0 0 0 0 0 0 0 0
Available for Supplemental:(168,394) 40,920 0 (45,147) (750,000) 1,606,703 1,928 2,304 54,381
Available for Capital / One-Time:466,400 0 0 174,316 750,000 (177,790)569,775 41,070 1,212,568
Total Available 298,006 40,920 0 129,169 0 1,428,913 571,703 43,374 1,266,949
Police
Drug
Police
Seized
Assets
Glade
Parks PID
#1
Cable
PEG
Fee
Elementary
School
Resource
Officers
Grant Midtown
TIRZ
Glade
Parks
TIRZ
Midtown
PID
13
Fund Balance Summary
Estimated FY2023-24 and Budgeted FY2024-25
Enterprise Funds
Beginning Balance, FY24 $11,038,118 $483,032 $348,345 $525,958 $93 $2,219,038 $585,614
(per audit, FYE 2023)
FY24 Estimated Revenues 33,624,568 1,418,340 954,509 628,061 150,000 5,683,192 1,200,049
Total Available: 44,662,686 1,901,372 1,302,854 1,154,019 150,093 7,902,230 1,785,663
FY24 Estimated Expenses (33,133,350) (1,418,125)(943,317) (528,155) (150,000) (5,657,621) (1,073,822)
Capital / One-Time Expenses (2,173,570)(38,500)(70,000)0 0 0 0
Total Projected Expenses: (35,306,920)(1,456,625)(1,013,317)(528,155)(150,000)(5,657,621)(1,073,822)
Estimated Ending Balance FY24 9,355,766 444,747 289,537 625,864 93 2,244,609 711,841
FY25 Budgeted Revenues 34,969,820 1,489,076 1,203,789 632,095 200,000 5,651,184 1,280,859
Total Available: 44,325,586 1,933,823 1,493,326 1,257,959 200,093 7,895,793 1,992,700
FY25 Budgeted Expenses (34,964,401) (1,489,076)(1,203,640) (567,209) 0 (5,647,329) (1,162,954)
Capital Carryover (230,374) 0 0 0 0 0 0
Capital / One-Time Expenses (427,378)0 0 (22,000)(200,000)(377,763)(100,000)
Total Projected Expenses: (35,622,153)(1,489,076)(1,203,640)(589,209)(200,000)(6,025,092)(1,262,954)
Projected Ending Balance, FY25 8,703,433 444,747 289,686 668,750 93 1,870,701 729,746
Less: Designated Reserve 0 0 0 0 0 0 0
Adjusted Ending Balance 8,703,433 444,747 289,686 668,750 93 1,870,701 729,746
Recommended Reserve Levels per Fiscal Policy:
7,184,466 0 247,323 116,550 0 1,160,410 238,963
Available for Supplemental:5,419 0 149 64,886 200,000 3,855 117,905
Available for Capital / One-Time:1,513,548 444,747 42,214 487,314 (199,907)706,436 372,878
Total Available 1,518,967 444,747 42,363 552,200 93 710,291 490,783
Texas Star
Golf
Parks at
Texas
Star
Water &
Wastewater
Service
Center
Drainage
Utility
System
Recreation
Classes
Arbor
Daze
14
Fund Balance Summary
Estimated FY2023-24 and Budgeted FY2024-25
Debt Service Funds
Beginning Balance, FY24 $2,581,178 $135,005 $17,219 $614,678 $59,167
(per audit, FYE 2023)
FY24 Estimated Revenues 8,548,495 776,699 402,640 1,213,836 592,338
Total Available: 11,129,673 911,704 419,859 1,828,514 651,505
FY24 Estimated Expenses (8,250,985) (709,190) (395,626) (1,213,836) (589,187)
Capital / One-Time Expenses 0 0 0 0 0
Total Projected Expenses: (8,250,985)(709,190)(395,626)(1,213,836)(589,187)
Estimated Ending Balance FY24 2,878,688 202,514 24,233 614,678 62,318
FY25 Budgeted Revenues 14,129,688 780,377 406,851 1,076,660 1,714,351
FY25 Budgeted Revenues 17,008,376 982,891 431,084 1,691,338 1,776,669
FY25 Budgeted Expenses (7,835,316) (715,640) (402,075) (1,076,660) (591,572)
Capital / One-Time Expenses (6,321,983)(267,251)0 0 (1,185,097)
Total Projected Expenses: (14,157,299)(982,891)(402,075)(1,076,660)(1,776,669)
Projected Ending Balance, FY25 2,851,077 0 29,009 614,678 0
Less: Designated Reserve (718,530)0 0 0 0
Adjusted Ending Balance 2,132,547 0 29,009 614,678 0
Recommended Reserve Levels per Fiscal Policy:
652,943 0 0 0 0
Available for Supplemental:6,294,372 64,737 4,776 0 1,122,779
Available for Capital / One-Time:(4,814,768)(64,737)24,233 614,678 (1,122,779)
Total Available 1,479,604 0 29,009 614,678 0
Texas
Star Golf
Course
Debt
EDC 1/2
Cent Sales
Tax Debt
G.O.Debt
Service
Stars
Center
Debt
Water &
Wastewater
Debt
15
Fund Balance Summary
Estimated FY2023-24 and Budgeted FY2024-25
Reserve Funds
Beginning Balance, FY24 1,500,000 $401,125 $999,725 $1,233,593 $3,703,357 $415,949 $861,494
(per audit, FYE 2023)
FY24 Estimated Revenues 0 0 0 0 1,202,334 28,449 74,132
Total Available: 1,500,000 401,125 999,725 1,233,593 4,905,691 444,398 935,626
FY24 Estimated Expenses 0 0 0 (18,506)(479,205)0 (150,000)
Total Projected Expenses:0 0 0 (18,506)(479,205)0 (150,000)
Estimated Ending Balance FY24 1,500,000 401,125 999,725 1,215,087 4,426,486 444,398 785,626
FY25 Budgeted Revenues 0 0 0 0 75,090 0 0
FY25 Budgeted Revenues 1,500,000 401,125 999,725 1,215,087 4,501,576 444,398 785,626
FY25 Budgeted Expenses 0 0 0 0 (713,822) 0 0
Capital / One-Time Expenses 0 0 0 (19,788)0 (444,398)(785,626)
Total Projected Expenses:0 0 0 (19,788)(713,822)(444,398)(785,626)
Projected Ending Balance, FY25 1,500,000 401,125 999,725 1,195,299 3,787,754 0 0
Less: Designated Reserve (1,500,000)(401,075)(999,725)(1,195,299)0 0 0
Adjusted Ending Balance 0 50 0 0 3,787,754 0 0
Recommended Reserve Levels per Fiscal Policy:
0 0 0 0 0 0 0
Available for Supplemental:0 0 0 0 (638,732) 0 0
Available for Capital / One-Time:0 50 0 0 4,426,486 0 0
Total Available 0 50 0 0 3,787,754 0 0
General
Emergency /
Contingency
Reserves
EDC 1/2 Cent
Sales Tax
Debt
Reserve
Water &
Wastewater
Debt &
Emergency
Reserve
Texas Star
Golf Course
Reserve
Water &
Wastewater
Rate
Stabilization
Reserve
Texas Star
Sports
Complex
Reserve
Midtown
Bond
Reserve
16
Budgeted FY2023-2024 Proposed FY2024-2025
Revenue
Use of
Reserves Revenue
Use of
Reserves
General 53,295,741$ 8,399,424$ 56,878,985$ 6,887,970$
Hotel/Motel 1,632,890$ 275,000$ 1,520,455$ 372,390$
Juvenile Case 52,528$ 12,421$ 52,631$ 11,421$
EDC ½¢ Sales Tax 7,231,673$ 1,913,778$ 7,503,154$ 6,085,252$
CCPD ¼¢ Sales Tax 3,532,168$ 1,414,450$ 3,481,553$ 178,600$
Police Seized Assets Fund 9,826$ 41,222$ 5,873$ 45,147$
Elementary SRO Fund -$ -$ 2,310,000$ -$
Police Drug Fund 35,729$ 184,271$ 51,606$ 168,394$
Grant Fund 950,445$ -$ 1,235,291$ -$
Car Rental 18,070,301$ 7,997,972$ 20,478,190$ 9,512,972$
Glade Parks PID -$ -$ -$ 750,000$
Glade Parks TIRZ 2,591,306$ -$ 2,739,028$ 6,321,983$
Cable PEG Fund 95,634$ 34,600$ 76,928$ 24,600$
Midtown PID 366,464$ -$ 160,822$ -$
Midtown TIRZ 1,033,272$ -$ 996,885$ -$
Water & Wastewater 33,135,803$ 2,403,944$ 34,969,820$ 657,752$
Service Center 1,418,125$ 38,500$ 1,489,076$ -$
Drainage Utility 950,207$ 70,000$ 1,203,789$ -$
Recreation Classes 590,600$ -$ 632,095$ 22,000$
Arbor Daze 150,000$ -$ 200,000$ -$
Texas Star Golf Course (TSGC)5,663,037$ -$ 5,651,184$ 377,763$
Parks at Texas Star (PATS)1,166,144$ -$ 1,280,859$ 100,000$
Equip. Replacement 5,890,625$ 4,249,091$ 6,675,618$ -$
Insurance 8,745,766$ 44,000$ 9,391,608$ 84,000$
Risk/WC 1,508,486$ -$ 1,532,586$ -$
General Obligation Debt 8,306,835$ 87,988$ 14,129,688$ 27,611$
Star Center Debt 775,976$ -$ 780,377$ 267,251$
EDC Debt 399,351$ -$ 406,851$ -$
Water & Wastewater Debt 1,213,836$ -$ 1,076,660$ -$
TSGC Debt 589,459$ -$ 1,714,351$ 62,318$
TOTAL 159,402,227$ 27,166,661$ 178,625,963$ 31,957,424$
Schedule includes operating and debt funds and excludes CIP and reserve funds.
Where Does The Money Come From?
General
32%
EDC
4%CCPD
2%Car Rental
11 %
W&WW
20%
Golf
3%
Insurance
5%
Risk/WC
1%
Debt
10%
Other
12%
FY2024-2025
17
Budgeted FY2023-2024 Proposed FY2024-2025
Fund
Operating
Expenses
Capital /
One-Time
Operating
Expenses
Capital /
One-Time
General 53,252,508$ 8,399,424$ 56,869,767$ 6,887,970$
Hotel/Motel 1,616,570$ 275,000$ 1,516,645$ 372,390$
Juvenile Case 27,584$ 12,421$ 28,439$ 11,421$
EDC ½¢ Sales Tax 5,408,028$ 1,913,778$ 5,911,934$ 6,085,252$
CCPD ¼¢ Sales Tax 3,396,829$ 1,414,450$ 3,480,136$ 178,600$
Police Seized Assets Fund 51,048$ -$ 51,020$ -$
Elementary SRO Fund -$ -$ 2,269,080$ -$
Police Drug Fund 220,000$ -$ 220,000$ -$
Grant Fund 950,445$ -$ 1,235,291$ -$
Car Rental 14,597,870$ 7,997,972$ 16,116,559$ 9,512,972$
Glade Parks PID -$ -$ 750,000$ -$
Glade Parks TIRZ 1,130,113$ -$ 1,132,325$ 6,321,983$
Cable PEG Fund 85,400$ 34,600$ 75,000$ 24,600$
Midtown PID 361,321$ -$ 158,518$ -$
Midtown TIRZ 742,400$ -$ 942,504$ -$
Water & Wastewater 33,133,350$ 2,403,944$ 34,964,401$ 657,752$
Service Center 1,418,125$ 38,500$ 1,489,076$ -$
Drainage Utility 943,317$ 70,000$ 1,203,640$ -$
Recreation Classes 528,155$ -$ 567,209$ 22,000$
Arbor Daze 150,000$ -$ -$ 200,000$
Texas Star Golf Course (TSGC)5,654,171$ -$ 5,647,329$ 377,763$
Parks at Texas Star (PATS)1,073,822$ -$ 1,162,954$ 100,000$
Equip. Replacement 3,355,442$ 4,249,091$ 6,019,666$ 2,714,092$
Insurance 8,482,607$ 44,000$ 9,278,882$ 84,000$
Risk/WC 1,448,792$ -$ 1,462,444$ -$
General Obligation Debt 8,250,985$ -$ 7,835,316$ 6,321,983$
Star Center Debt 709,190$ -$ 715,640$ -$
EDC Debt 395,626$ -$ 402,075$ -$
Water & Wastewater Debt 1,213,836$ -$ 1,076,660$ -$
TSGC Debt 589,187$ -$ 591,572$ 1,185,097$
TOTAL 149,186,721$ 26,853,180$ 163,174,082$ 41,057,875$
Schedule includes operating and debt funds and excludes CIP and reserve funds.
Where Does The Money Go?
General
35%
EDC
4%CCPD
2%Car Rental
10%
W&WW
21%
Golf
3%
Insurance
6%
Risk/WC
1%
Debt
6%
Other
12%
FY2024-2025
18
General Fund Revenues
Proposed FY24 Budget to
General Fund Actual Budget Estimated Budget FY25 Proposed
Revenues FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
Property Taxes 19,871,949$ 21,892,546$ 21,917,444$ 23,459,205$ 1,566,659$ 7%
Prior Year Property Taxes (30,759)$ 15,000$ (269,562)$ -$ (15,000)$ (100%)
Penalties & Interest 82,978$ 75,000$ 20,000$ 75,000$ -$ 0%
Sales Tax 14,436,256$ 13,749,654$ 14,148,759$ 14,117,777$ 368,123$ 3%
Additional Sales Tax 3,724,525$ 3,543,926$ 3,697,390$ 3,652,242$ 108,316$ 3%
Mixed Drink Tax 215,340$ 205,000$ 195,000$ 215,340$ 10,340$ 5%
Electric Franchise 1,663,060$ 1,662,860$ 1,721,471$ 1,692,266$ 29,406$ 2%
Gas Franchise 643,892$ 568,645$ 518,645$ 606,269$ 37,624$ 7%
Telephone Franchise 87,033$ 71,550$ 59,550$ 71,550$ -$ 0%
Sanitation Service 345,503$ 345,177$ 350,850$ 368,000$ 22,823$ 7%
Recycling Franchise Fee 29,793$ 33,885$ 33,885$ 34,956$ 1,071$ 3%
Cable Franchise Fee 212,941$ 180,000$ 180,000$ 133,644$ (46,356)$ (26%)
W&WW Franchise Tax 1,579,218$ 1,656,790$ 1,656,790$ 1,747,990$ 91,200$ 6%
Other Permits 18,017$ 19,000$ 10,000$ 19,000$ -$ 0%
Health Permits 84,950$ 86,800$ 86,800$ 86,800$ -$ 0%
Fire Permits 65,193$ 71,000$ 79,000$ 67,600$ (3,400)$ (5%)
Contractor Regulatory License 40,900$ 42,955$ 30,955$ 42,955$ -$ 0%
Minimum Housing 85,865$ 96,600$ 62,000$ 56,245$ (40,355)$ (42%)
Misc. Permits and Fees 60,499$ 47,674$ 42,983$ 40,322$ (7,352)$ (15%)
Building Permits 789,319$ 300,000$ 1,241,610$ 300,000$ -$ 0%
Aquatics 275,443$ 275,644$ 275,644$ 280,476$ 4,832$ 2%
Auto Theft Task Force Grant 98,342$ 95,000$ 95,000$ 95,000$ -$ 0%
School Resource Officers 341,294$ 470,834$ 470,834$ 490,917$ 20,083$ 4%
Municipal Court 1,708,294$ 1,691,340$ 1,623,550$ 1,763,783$ 72,443$ 4%
Library Fees 18,224$ 16,214$ 24,983$ 16,873$ 659$ 4%
Ambulance Fees 1,090,244$ 936,000$ 1,075,000$ 1,090,475$ 154,475$ 17%
Alarm Revenue 97,155$ 109,251$ 101,251$ 106,548$ (2,703)$ (2%)
Jail Revenue 682,500$ 716,625$ 1,128,723$ 1,390,316$ 673,691$ 94%
Interest Income 776,631$ 112,404$ 678,161$ 341,793$ 229,389$ 204%
Miscellaneous 2,852,721$ 98,029$ 290,622$ 130,821$ 32,792$ 33%
Tower Lease 459,473$ 422,421$ 422,421$ 433,999$ 11,578$ 3%
Betterment/Contributions 17,938$ 15,000$ 10,422$ 15,000$ -$ 0%
Transfers 1,627,682$ 3,672,917$ 3,672,917$ 3,935,823$ 262,906$ 7%
TOTAL REVENUES 54,052,413$ 53,295,741$ 55,653,098$ 56,878,985$ 3,583,244$ 7%
Use of Reserves -$ 8,399,424$ 7,403,422$ 6,887,970$ (1,511,454)$ (18%)
TOTAL RESOURCES 54,052,413$ 61,695,165$ 63,056,520$ 63,766,955$ 2,071,790$ 3%
Sales & Uses Taxes
32%
Licenses/Permits
1%
Franchise Fees
8%
Fines & Fees
8%Interest
1%
Transfers
7%
Miscellaneous
2%
Property Taxes
41%
FY2024-2025
19
TAX RATE SCENARIOS
As Computed from July 2024 Certified Tax Roll
Fiscal Year 2024-25
Fiscal Year Revenue at Revenue at Revenue at
2023-24 No-New-Revenue Rate Proposed Rate Voter-Approval Rate
Total Tax Rate 0.457500 0.448603 0.446700 0.446746
Debt Tax Rate 0.094803 0.081411 0.081411 0.081411
M & O Tax Rate 0.362697 0.367192 0.365289 0.365335
Est. Assessed Valuation (a)$6,844,091,124 $7,309,358,692 $7,309,358,692 $7,309,358,692
Adj. Net Taxable Value Assessed (b)$5,898,336,965 $6,252,613,555 $6,252,613,555 $6,252,613,555
Est. TIF Increment Value (c)370,321,743 390,920,482 390,920,482 390,920,482
Total Debt $8,247,060 $7,831,392 $7,831,392 $7,831,392
Debt Paid by other Sources ($2,124,702)($2,128,637)($2,128,637)($2,128,637)
Taxable Debt Service $6,122,358 $5,702,755 $5,702,755 $5,702,755
Debt Revenue $5,591,800 $5,090,315 $5,090,315 $5,090,315
Ceiling Revenues $332,315 $323,275 $324,652 $324,619
Prior Year Debt Revenue $4,630,222 $5,591,800 $5,591,800 $5,591,800
Increase (Decrease) in Debt Revenue $1,293,893 ($178,210)($176,833)($176,866)
M&O Revenue - General Fund $20,621,175 $22,126,396 $22,002,498 $22,005,493
Ceiling Revenues $1,271,371 $1,458,084 $1,456,707 $1,456,740
Total General Fund Tax Revenue $21,892,546 $23,584,480 $23,459,205 $23,462,233
Prior Year M&O Revenue $19,730,262 $21,892,546 $21,892,546 $21,892,546
Increase (Decrease) in M&O Revenue $2,162,284 $1,691,934 $1,566,659 $1,569,687
Total Increase in Tax Revenue $3,456,177 $1,513,724 $1,389,826 $1,392,821
NOTES:
M&O Revenues are at a collection rate of approximately 98%. Debt Revenues are at 100% collections.
M&O = Maintenance and Operations
(a) Assessed Valuation is the estimated Net Taxable Value from T.A.D. (Tarrant Appraisal District) plus minimum value of ARB
(Appraisal Review Board), estimate of incomplete property, and estimate of In Process property.
(b) Adj. Net Taxable Value Assessed = Assessed Value less estimated TIF increment $390,920,482 and authorized ceiling estimate
$665,824,655.
Note: Under these circumstances each penny of tax equals approximately $612,756 ($6,252,613,555*.01*.98/100 = $612,756).
(c) TIF = Tax Increment Finance zone increment value increase contracted at 75% ($521,227,309 @ 75% = $390,920,482).
20
General Fund Expenditures
Proposed FY24 Budget to
General Fund Actual Budget Estimated Budget FY25 Proposed
Expenditures FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
City Council 15,330$ 27,000$ 27,000$ 31,500$ 4,500$ 17%
City Administration 686,492$ 726,545$ 726,545$ 749,564$ 23,019$ 3%
City Secretary 448,983$ 511,831$ 511,831$ 540,178$ 28,347$ 6%
Communications/Marketing 2,613$ 21,350$ 21,350$ 21,350$ -$ 0%
Total - City Administration 1,153,418$ 1,286,726$ 1,286,726$ 1,342,592$ 55,866$ 4%
Finance/Budget 186,970$ 322,055$ 322,055$ 341,020$ 18,965$ 6%
Municipal Court 881,286$ 908,912$ 908,912$ 935,761$ 26,849$ 3%
Accounting 402,748$ 460,715$ 460,715$ 493,947$ 33,232$ 7%
Purchasing 104,559$ 118,904$ 118,904$ 121,690$ 2,786$ 2%
Total - Finance 1,575,563$ 1,810,586$ 1,810,586$ 1,892,418$ 81,832$ 5%
Emergency Management 62,898$ 121,207$ 121,207$ 172,550$ 51,343$ 42%
Police Code Comp/Comm Svcs 2,159,801$ 2,399,132$ 2,399,132$ 2,638,219$ 239,087$ 10%
Police Administration 1,258,581$ 1,481,910$ 1,481,910$ 1,547,646$ 65,736$ 4%
Police Patrol 7,025,733$ 7,187,633$ 7,187,633$ 7,179,983$ (7,650)$ (0%)
Police CID 2,261,887$ 2,839,463$ 2,839,463$ 2,964,380$ 124,917$ 4%
Police Service 2,793,158$ 2,839,025$ 2,839,025$ 2,914,954$ 75,929$ 3%
Police Detention 1,343,420$ 1,591,493$ 2,024,176$ 2,084,810$ 493,317$ 31%
Total-Police 16,905,478$ 18,459,863$ 18,892,546$ 19,502,542$ 1,042,679$ 6%
Fire Marshal/Education 520,567$ 665,184$ 665,184$ 697,737$ 32,553$ 5%
Fire Administration 636,459$ 668,131$ 668,131$ 714,594$ 46,463$ 7%
EMS/Suppression 11,190,618$ 11,936,532$ 11,936,532$ 12,608,596$ 672,064$ 6%
Total-Fire 12,347,644$ 13,269,847$ 13,269,847$ 14,020,927$ 751,080$ 6%
Information Services 1,120,890$ 1,564,445$ 1,599,445$ 1,639,233$ 74,788$ 5%
Human Resources 444,670$ 595,771$ 560,771$ 568,242$ (27,529)$ (5%)
Facility Maintenance 1,239,724$ 1,415,527$ 1,415,527$ 1,474,520$ 58,993$ 4%
Library 952,827$ 992,638$ 992,638$ 1,064,039$ 71,401$ 7%
Total - Administrative Services 3,758,111$ 4,568,381$ 4,568,381$ 4,746,034$ 177,653$ 4%
Planning & Development 438,336$ 406,309$ 406,309$ 420,846$ 14,537$ 4%
Inspection Services 455,090$ 512,672$ 512,672$ 572,932$ 60,260$ 12%
Total-Development 893,426$ 918,981$ 918,981$ 993,778$ 74,797$ 8%
Recreation 656,546$ 875,014$ 875,014$ 860,978$ (14,036)$ (2%)
Parks 1,640,553$ 1,803,263$ 1,803,263$ 1,730,721$ (72,542)$ (4%)
Aquatics 139,948$ 180,762$ 180,762$ 198,512$ 17,750$ 10%
Senior Center 264,916$ 292,039$ 292,039$ 299,310$ 7,271$ 2%
Recreation Admin.90,723$ 102,316$ 102,316$ 117,250$ 14,934$ 15%
Total-Parks & Comm Srvcs 2,792,686$ 3,253,394$ 3,253,394$ 3,206,771$ (46,623)$ (1%)
Street Maintenance 2,712,543$ 3,102,088$ 3,102,088$ 3,270,829$ 168,741$ 5%
Animal Control 390,575$ 539,779$ 539,779$ 552,181$ 12,402$ 2%
City Engineer 68,492$ 180,044$ 180,044$ 207,388$ 27,344$ 15%
Total - Public Works 3,171,610$ 3,821,911$ 3,821,911$ 4,030,398$ 208,487$ 5%
Legal Services 189,908$ 200,000$ 200,000$ 240,000$ 40,000$ 20%
Non-Departmental 5,445,325$ 5,648,219$ 5,648,219$ 6,879,707$ 1,231,488$ 22%
Betterment 7,566$ 14,600$ 14,600$ 14,600$ -$ 0%
Total - Non-Depart.5,642,799$ 5,862,819$ 5,862,819$ 7,134,307$ 1,271,488$ 22%
Total Operating Expenses 48,240,735$ 53,252,508$ 53,685,191$ 56,869,767$ 3,617,259$ 7%
Capital / One-Time 6,741,880$ 8,399,424$ 7,403,422$ 6,887,970$ (1,511,454)$ (18%)
Total Expenses 54,982,615$ 61,651,932$ 61,088,613$ 63,757,737$ 2,105,805$ 3%
City Admin
2%
Police
31%
Fire
22%
Development
2%
Non-Depart.
11%
Admin Srvcs
7%
Finance
3%
Public Works
6%
PACS
5%
Capital / One-Time
11%FY2024-2025
21
Water & Wastewater Revenues
Proposed FY24 Budget to
Water & Wastewater Actual Budget Estimated Budget FY25 Proposed
Revenues FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
Interest Income(1)483,211$ 14,226$ 453,467$ 247,204$ 232,978$ 1638%
Sanitation 298,729$ 250,000$ 250,000$ 290,000$ 40,000$ 16%
Water Service 17,351,940$ 18,413,496$ 18,413,496$ 19,485,619$ 1,072,123$ 6%
Wastewater Service 10,891,089$ 12,154,887$ 12,154,887$ 12,543,416$ 388,529$ 3%
Reclaimed Water Service 930,612$ 895,686$ 895,686$ 1,032,521$ 136,835$ 15%
New Meters(1)10,919$ 15,000$ 15,363$ 15,000$ -$ 0%
Reconnect Fees(1)244,610$ 135,000$ 256,285$ 247,000$ 112,000$ 83%
Inspection Fees(1)373,525$ 150,000$ 204,045$ 50,000$ (100,000)$ (67%)
Miscellaneous(1)45,887$ 171,484$ 45,315$ 47,000$ (124,484)$ (73%)
Penalties 343,648$ 230,000$ 230,000$ 331,000$ 101,000$ 44%
Initiations/Transfer Fees(1)23,845$ 30,000$ 30,000$ 26,106$ (3,894)$ (13%)
Recycling Fees 586,353$ 676,024$ 676,024$ 654,954$ (21,070)$ (3%)
Use of Rate Stabilization 446,367$ 479,205$ 479,205$ 713,822$ 234,617$ 49%
Rate Stabilization Rebate (446,367)$ (479,205)$ (479,205)$ (713,822)$ (234,617)$ 49%
TOTAL REVENUES 31,584,368$ 33,135,803$ 33,624,568$ 34,969,820$ 1,834,017$ 6%
Use of Reserves -$ 2,403,944$ 2,173,570$ 657,752$ (1,746,192)$ (73%)
TOTAL RESOURCES 31,584,368$ 35,539,747$ 35,798,138$ 35,627,572$ 87,825$ 0%
(1) Water & Wastewater Revenue line items are aggregated in graph under "Other"
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.
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.
Sanitation
1%
Recycling
2%
Other (1)
2%
Water
55%
Reclaimed Water
3%
Penalties
1%
Wastewater
36%
FY2024-2025
22
WATER SERVICE RATES
Current Rates:Proposed Rates:
Meter Charge:Meter Charge:
Meter Size (inches)Monthly Charge Meter Size (inches)Monthly Charge
5/8-3/4 14.75$ 5/8-3/4 14.75$
1 17.24$ 1 17.24$
1 1/2 24.15$ 1 1/2 24.15$
2 40.01$ 2 40.01$
3 81.40$ 3 81.40$
4 143.50$ 4 143.50$
5 226.28$ 5 226.28$
6 322.87$ 6 322.87$
Residential Volume Charge per 1,000 gallons (tgals) Residential Volume Charge per 1,000 gallons (tgals)
Tiered Rates Tiered Rates
0-2 tgals 5.35$ 0-2 tgals 5.67$
3-8 tgals 6.28$ 3-8 tgals 6.60$
9-15 tgals 6.85$ 9-15 tgals 7.17$
16-35 tgals 7.38$ 16-35 tgals 7.70$
Over 35 tgals 7.98$ Over 35 tgals 8.30$
Single Family Residential Rate Stabilization Refund:Single Family Residential Rate Stabilization Refund:
50¢ per 1,000 (tgals) up to 15 tgals/monthly 75¢ per 1,000 (tgals) up to 15 tgals/monthly
Estimated total refund @ 50¢/tgal 479,205$ Estimated total refund @ 75¢/tgal 713,822$
Estimated refund volume in tgals:958,410 Estimated refund volume in tgals:951,763
Refund not applicable to irrigation meters Refund not applicable to irrigation meters
Irrigation Volume Charge per 1,000 gallons (tgals)Irrigation Volume Charge per 1,000 gallons (tgals)
Tiered Rates Tiered Rates
0-2 tgals 6.61$ 0-2 tgals 6.93$
3-8 tgals 6.61$ 3-8 tgals 6.93$
9-15 tgals 6.85$ 9-15 tgals 7.17$
16-35 tgals 7.38$ 16-35 tgals 7.70$
Over 35 tgals 7.98$ Over 35 tgals 8.30$
Other Volume Charges per 1,000 gallons (tgals)Other Volume Charges per 1,000 gallons (tgals)
Commercial & Multi-family 6.61$ Commercial & Multi-family 6.93$
Fire Hydrant & Gas Wells 11.87$ Fire Hydrant & Gas Wells 12.19$
Supplemental Irrigation 11.87$ Supplemental Irrigation 12.19$
Reclaimed Volume Charge per 1,000 gallons (tgals)Reclaimed Volume Charge per 1,000 gallons (tgals)
Non-Boosted 2.27$ Non-Boosted 2.38$
Boosted Tiered Rates Boosted Tiered Rates
0-8 tgals 5.62$ 0-8 tgals 5.89$
9-15 tgals 5.82$ 9-15 tgals 6.09$
16-35 tgals 6.27$ 16-35 tgals 6.55$
Over 35 tgals 6.78$ Over 35 tgals 7.06$
Construction & Gas Wells 10.09$ Construction & Gas Wells 10.85$
23
WASTEWATER SERVICE RATES
Current Rates:Proposed Rates:
Residential Base Charge:Residential Base Charge:
Base Charge:Base Charge:
Within Corporate Limits 13.00$ Within Corporate Limits 13.00$
Outside Corporate Limits 17.50$ Outside Corporate Limits 17.50$
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 4.99$ Within Corporate Limits 5.35$
Outside Corporate Limits 4.99$ Outside Corporate Limits 5.35$
Commercial and Industrial Charges: Commercial and Industrial Charges:
Base Charge: Base Charge:
Within Corporate Limits 13.00$ Within Corporate Limits 13.00$
Outside Corporate Limits 17.50$ Outside Corporate Limits 17.50$
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 4.99$ Within Corporate Limits 5.35$
Outside Corporate Limits 4.99$ Outside Corporate Limits 5.35$
24
Water & Wastewater Expenditures
Proposed FY24 Budget to
Water & Wastewater Actual Budget Estimated Budget FY25 Proposed
Expenditures FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
Water Office 523,794$ 562,781$ 562,781$ 588,421$ 25,640$ 5%
Total-Finance 523,794$ 562,781$ 562,781$ 588,421$ 25,640$ 5%
City Engineer 350,770$ 373,486$ 373,486$ 395,000$ 21,514$ 6%
Water Production 10,602,974$ 12,094,272$ 12,094,272$ 12,696,901$ 602,629$ 5%
Water Distribution 1,758,729$ 1,740,920$ 1,740,920$ 1,998,607$ 257,687$ 15%
Wastewater Treatment 6,069,378$ 6,459,644$ 6,459,644$ 7,060,175$ 600,531$ 9%
Meter Services 67,430$ 73,754$ 73,754$ 85,685$ 11,931$ 16%
Total-Public Works 18,849,281$ 20,742,076$ 20,742,076$ 22,236,368$ 1,494,292$ 7%
Recycling 26,137$ 57,357$ 57,357$ 56,588$ (769)$ (1%)
GIS/Information Services 735,883$ 794,540$ 794,540$ 804,065$ 9,525$ 1%
Legal Services 107,752$ 85,000$ 85,000$ 100,000$ 15,000$ 18%
Non-Departmental 10,290,559$ 10,891,596$ 10,891,596$ 11,178,959$ 287,363$ 3%
Total-Non Departmental 11,160,331$ 11,828,493$ 11,828,493$ 12,139,612$ 311,119$ 3%
Total Operating Expenses 30,533,406$ 33,133,350$ 33,133,350$ 34,964,401$ 1,831,051$ 6%
Capital / One-Time 144,648$ 2,403,944$ 2,173,570$ 657,752$ (1,746,192)$ (73%)
Total Expenses 30,678,054$ 35,537,294$ 35,306,920$ 35,622,153$ 84,859$ 0%
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.
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.
Finance
2%
Public Works
1%
Water Production
36%
Water Distribution
5%
Wastewater Treatment
20%
GIS
2%
Capital / One-Time
2%
Non-Depart.
32%FY2024-2025
25
All Other Enterprise Operating Funds
Proposed FY24 Budget to
Enterprise Actual Budget Estimated Budget FY25 Proposed
Funds FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
Service Center Fund:
Revenues 1,282,964$ 1,418,125$ 1,418,340$ 1,489,076$ 70,951$ 5%
Operating Expenses 1,243,500$ 1,418,125$ 1,418,125$ 1,489,076$ 70,951$ 5%
Use of Reserves 2,733$ 38,500$ 38,285$ -$ (38,500)$ (100%)
Capital / One-Time 42,197$ 38,500$ 38,500$ -$ (38,500)$ (100%)
Drainage Utility System:
Revenues 969,283$ 950,207$ 954,509$ 1,203,789$ 253,582$ 27%
Operating Expenses 858,350$ 943,317$ 943,317$ 1,203,640$ 260,323$ 28%
Use of Reserves -$ 70,000$ 58,808$ -$ (70,000)$ (100%)
Capital / One-Time 50,000$ 70,000$ 70,000$ -$ (70,000)$ (100%)
Recreation Classes:
Revenues 687,814$ 590,600$ 628,061$ 632,095$ 41,495$ 7%
Operating Expenses 511,027$ 528,155$ 528,155$ 567,209$ 39,054$ 7%
Use of Reserves -$ -$ -$ 22,000$ 22,000$ 0%
Capital / One-Time -$ -$ -$ 22,000$ 22,000$ 0%
Arbor Daze:
Revenues 116,716$ 150,000$ 150,000$ 200,000$ 50,000$ 33%
Operating Expenses 116,716$ 150,000$ 150,000$ -$ (150,000)$ (100%)
Use of Reserves -$ -$ -$ -$ -$ 0%
Capital / One-Time -$ -$ -$ 200,000$ 200,000$ 0%
Texas Star Golf Course:
Revenues 5,866,077$ 5,663,037$ 5,683,192$ 5,651,184$ (11,853)$ (0%)
Operating Expenses 5,397,539$ 5,654,171$ 5,657,621$ 5,647,329$ (6,842)$ (0%)
Use of Reserves -$ -$ -$ 377,763$ 377,763$ 0%
Capital / One-Time -$ -$ -$ 377,763$ 377,763$ 0%
Parks at Texas Star:
Revenues 1,337,925$ 1,166,144$ 1,200,049$ 1,280,859$ 114,715$ 10%
Operating Expenses 1,185,867$ 1,073,822$ 1,073,822$ 1,162,954$ 89,132$ 8%
Use of Reserves -$ -$ -$ 100,000$ 100,000$ 0%
Capital / One-Time 46,000$ -$ -$ 100,000$ 100,000$ 0%
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 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 Drainage Fund is used to account for the acquisition, operation, and maintenance of the City's municipal drainage utility system.
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.
The Service Center Fund is used to account for the maintenance of the City's motor vehicles.
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.
26
Special Revenue Operating Funds
Proposed FY24 Budget to
Special Revenue Actual Budget Estimated Budget FY25 Proposed
Funds FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
Hotel/Motel:
Revenues 1,922,709$ 1,632,890$ 1,464,749$ 1,520,455$ (112,435)$ (7%)
Operating Expenses 1,672,461$ 1,616,570$ 1,616,570$ 1,516,645$ (99,925)$ (6%)
Use of Reserves -$ 275,000$ 426,821$ 372,390$ 97,390$ 35%
Capital / One-Time 48,581$ 275,000$ 275,000$ 372,390$ 97,390$ 35%
Juvenile Case:
Revenues 52,308$ 52,528$ 56,957$ 52,631$ 103$ 0%
Operating Expenses 21,453$ 27,584$ 27,584$ 28,439$ 855$ 3%
Use of Reserves -$ 12,421$ -$ 11,421$ (1,000)$ (8%)
Capital / One-Time 591$ 12,421$ 1,000$ 11,421$ (1,000)$ (8%)
EDC ½¢ Sales Tax:
Revenues 7,694,312$ 7,231,673$ 7,581,335$ 7,503,154$ 271,481$ 4%
Operating Expenses 4,562,697$ 5,408,028$ 5,408,028$ 5,911,934$ 503,906$ 9%
Use of Reserves -$ 1,913,778$ -$ 6,085,252$ 4,171,474$ 218%
Capital / One-Time 4,996,471$ 1,913,778$ 1,121,853$ 6,085,252$ 4,171,474$ 218%
CCPD ¼¢ Sales Tax:
Revenues 3,782,909$ 3,532,168$ 3,532,168$ 3,481,553$ (50,615)$ (1%)
Operating Expenses 3,003,858$ 3,396,829$ 3,396,829$ 3,480,136$ 83,307$ 2%
Use of Reserves 196,858$ 1,414,450$ 1,279,111$ 178,600$ (1,235,850)$ (87%)
Capital / One-Time 975,909$ 1,414,450$ 1,414,450$ 178,600$ (1,235,850)$ (87%)
Police Seized Assets Fund:
Revenues 9,524$ 9,826$ 9,826$ 5,873$ (3,953)$ (40%)
Operating Expenses 17,046$ 51,048$ 51,048$ 51,020$ (28)$ (0%)
Use of Reserves 7,522$ 41,222$ 41,222$ 45,147$ 3,925$ 10%
Capital / One-Time -$ -$ -$ -$ -$ 0%
Elementary SRO Fund:
Revenues -$ -$ -$ 2,310,000$ 2,310,000$ 100%
Operating Expenses -$ -$ -$ 2,269,080$ 2,269,080$ 100%
Use of Reserves -$ -$ -$ -$ -$ 0%
Capital / One-Time -$ -$ -$ -$ -$ 0%
Police Drug Fund:
Revenues 61,399$ 35,729$ 180,929$ 51,606$ 15,877$ 44%
Operating Expenses 62,263$ 220,000$ 220,000$ 220,000$ -$ 0%
Use of Reserves 12,396$ 184,271$ 39,071$ 168,394$ (15,877)$ (9%)
Capital / One-Time -$ -$ -$ -$ -$ 0%
Grant Fund:
Revenues 360,426$ 950,445$ 152,918$ 1,235,291$ 284,846$ 30%
Operating Expenses 360,702$ 950,445$ 152,918$ 1,235,291$ 284,846$ 30%
Use of Reserves 276$ -$ -$ -$ -$ 0%
Capital / One-Time -$ -$ -$ -$ -$ 0%
Car Rental Tax:
Revenues 19,878,727$ 18,070,301$ 20,468,523$ 20,478,190$ 2,407,889$ 13%
Operating Expenses 13,245,800$ 14,597,870$ 15,751,851$ 16,116,559$ 1,518,689$ 10%
Use of Reserves -$ 7,997,972$ 2,908,328$ 9,512,972$ 1,515,000$ 19%
Capital / One-Time 1,988,474$ 7,997,972$ 7,625,000$ 9,512,972$ 1,515,000$ 19%
Glade Parks PID
Revenues -$ -$ -$ -$ -$ 0%
Operating Expenses -$ -$ -$ 750,000$ 750,000$ 100%
Use of Reserves -$ -$ -$ 750,000$ 750,000$ 100%
Capital Expenses -$ -$ -$ -$
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.
27
Proposed FY24 Budget to
Special Revenue Actual Budget Estimated Budget FY25 Proposed
Funds FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
Glade Parks TIRZ:
Revenues 2,300,143$ 2,591,306$ 2,653,620$ 2,739,028$ 147,722$ 6%
Operating Expenses 1,138,418$ 1,130,113$ 1,130,113$ 1,132,325$ 2,212$ 0%
Use of Reserves -$ -$ -$ 6,321,983$ 6,321,983$ 0%
Capital / One-Time -$ -$ -$ 6,321,983$ 6,321,983$ 0%
Cable PEG Fund:
Revenues 100,334$ 95,634$ 78,187$ 76,928$ (18,706)$ (20%)
Operating Expenses 133,732$ 85,400$ 85,400$ 75,000$ (10,400)$ (12%)
Use of Reserves 33,398$ 34,600$ 17,213$ 24,600$ (10,000)$ (29%)
Capital / One-Time -$ 34,600$ 10,000$ 24,600$ (10,000)$ (29%)
Midtown PID:
Revenues 293,392$ 366,464$ 366,464$ 160,822$ (205,642)$ (56%)
Operating Expenses 318,699$ 361,321$ 361,321$ 158,518$ (202,803)$ (56%)
Use of Reserves 25,307$ -$ -$ -$ -$ 0%
Capital / One-Time -$ -$ -$ -$ -$ 0%
Midtown TIRZ:
Revenues 889,985$ 1,033,272$ 1,040,427$ 996,885$ (36,387)$ (4%)
Operating Expenses 764,199$ 742,400$ 742,400$ 942,504$ 200,104$ 27%
Use of Reserves -$ -$ -$ -$ -$ 0%
Capital / One-Time -$ -$ -$ -$ -$ 0%
The Police Seized Asset Fund is used to account for proceeds from sale of seized assets which are dedicated to police expenditures.
The Elementary SRO Fund is used to account primarily for proceeds from HEB ISD.Expenses are dedicated solely for police
expenditures for school resource officers deployed at the HEB ISD elementary schools.
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.
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)½¢Sales Tax Fund is used to account for the ½¢sales tax revenues. Expenses are
dedicated to parks, library, recreational, and economic development activities within the City of Euless.
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 Crime Control and Prevention District (CCPD)¼¢Sales Tax Fund is used to account for ¼¢sales tax revenues. Expenses are
dedicated to additional personnel, crime prevention programs, and equipment for the Euless Police Department.
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.
28
Internal Service Operating Funds
Proposed FY24 Budget to
Internal Service Actual Budget Estimated Budget FY25 Proposed
Funds FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
Equipment Replacement:
Revenues 9,974,039$ 5,890,625$ 6,373,831$ 6,675,618$ 784,993$ 13%
Operating Expenses 1,708,718$ 3,355,442$ 3,355,442$ 6,019,666$ 2,664,224$ 79%
Use of Reserves -$ 4,249,091$ -$ -$ (4,249,091)$ -
Capital / One-Time -$ 4,249,091$ 1,534,999$ 2,714,092$ (1,534,999)$ (36%)
Insurance:
Revenues 8,446,736$ 8,745,766$ 8,745,766$ 9,391,608$ 645,842$ 7%
Operating Expenses 9,078,306$ 8,482,607$ 8,482,607$ 9,278,882$ 796,275$ 9%
Use of Reserves 646,770$ 44,000$ -$ 84,000$ 40,000$ 91%
Capital / One-Time 15,200$ 44,000$ -$ 84,000$ 40,000$ 91%
Risk/WC Management:
Revenues 1,511,492$ 1,508,486$ 1,538,077$ 1,532,586$ 24,100$ 2%
Operating Expenses 1,082,371$ 1,448,792$ 1,448,792$ 1,462,444$ 13,652$ 1%
Use of Reserves -$ -$ -$ -$ -$ 0%
Capital / One-Time -$ -$ -$ -$ -$ 0%
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 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.
29
Debt Service Operating Funds
Proposed FY24 Budget to
Debt Service Actual Budget Estimated Budget FY25 Proposed
Funds FY 23 FY 24 FY 24 FY 25 $ Diff % Diff.
General Obligation Debt
Revenues 7,791,793$ 8,306,835$ 8,548,495$ 14,129,688$ 5,822,853$ 70%
Operating Expenses 7,318,425$ 8,250,985$ 8,250,985$ 7,835,316$ (415,669)$ (5%)
Use of Reserves -$ 87,988$ -$ 27,611$ (60,377)$ (69%)
Capital / One-Time -$ -$ -$ 6,321,983$ 6,321,983$ 100%
Star Center Debt
Revenues 706,520$ 775,976$ 776,699$ 780,377$ 4,401$ 1%
Operating Expenses 706,520$ 709,190$ 709,190$ 715,640$ 6,450$ 1%
Use of Reserves -$ -$ -$ 267,251$ 267,251$ 100%
Capital / One-Time -$ -$ -$ 267,251$ 267,251$ 100%
EDC Debt Service
Revenues 404,463$ 399,351$ 402,640$ 406,851$ 7,500$ 2%
Operating Expenses 398,975$ 395,626$ 395,626$ 402,075$ 6,449$ 2%
Use of Reserves -$ -$ -$ -$ -$ 0%
Water & Wastewater Debt
Revenues 1,233,846$ 1,213,836$ 1,213,836$ 1,076,660$ (137,176)$ (11%)
Operating Expenses 1,215,258$ 1,213,836$ 1,213,836$ 1,076,660$ (137,176)$ (11%)
Use of Reserves -$ -$ -$ -$ -$ 0%
Texas Star Golf Course Debt
Revenues 593,147$ 589,459$ 592,338$ 1,714,351$ 1,124,892$ 191%
Operating Expenses 589,536$ 589,187$ 589,187$ 591,572$ 2,385$ 0%
Use of Reserves -$ -$ -$ 62,318$ 62,318$ 100%
Capital / One-Time -$ -$ -$ 1,185,097$ 1,185,097$ 100%
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.
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 ½¢sales and use tax
levied within the City. Expenses are dedicated to the sole benefit of the Euless Development Corporation obligations.
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 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 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.
30
FY 22/23 FY 23/24 FY 23/24 FY 24/25
ACTUAL BUDGETED ESTIMATED BUDGETED
CITY ADMINISTRATION 3.50 3.50 3.50 3.50
CITY SECRETARY 3.50 3.50 3.50 3.50
Total City Administration 7.00 7.00 7.00 7.00
FINANCE/BUDGET 2.50 2.50 2.50 2.50
MUNICIPAL COURTS 7.75 7.75 7.75 7.75
ACCOUNTING 3.50 3.50 3.50 3.50
PURCHASING 1.00 1.00 1.00 1.00
Total Finance 14.75 14.75 14.75 14.75
POLICE CODE COMP/COMM SVRS 16.00 A,E 18.00 18.00 18.00
POLICE ADMINISTRATION 7.00 7.00 7.00 7.00
POLICE PATROL 48.00 A,B 44.00 44.00 44.00
POLICE CID 16.00 A 19.00 19.00 19.00
POLICE SERVICE 22.50 A 21.50 21.50 21.50
POLICE DETENTION 13.50 F,J 18.50 18.50 18.50
Total Police Department 123.00 128.00 128.00 128.00
FIRE MARSHAL/EDUCATION 4.00 4.00 4.00 4.00
FIRE ADMINISTRATION 4.00 4.00 4.00 4.00
EMS/SUPPRESSION 70.00 70.00 70.00 70.00
Total Fire Department 78.00 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 3.50 C 2.50 2.50 2.50
INSPECTIONS SERVICES 4.00 C 5.00 5.00 5.00
Total Planning & Development 7.50 7.50 7.50 7.50
RECREATION 5.50 D 5.25 5.25 5.25
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 19.25 19.25 19.25
STREET MAINTENANCE 13.50 13.50 13.50 13.50
ANIMAL SERVICES 4.00 H 5.00 5.00 5.00
CITY ENGINEER 1.00 I 2.00 2.00 2.00
Total Public Works 18.50 20.50 20.50 20.50
TOTAL GENERAL FUND 285.75 292.50 292.50 292.50
EDC - PARKS 14.25 14.25 14.25 K 15.25
EDC - LIBRARY 10.00 10.00 10.00 10.00
EDC - ECO. DEV.1.00 1.00 1.00 1.00
TOTAL EDC FUND 25.25 25.25 25.25 26.25
WATER OFFICE 5.00 5.00 5.00 5.00
Total Finance 5.00 5.00 5.00 5.00
W&S ENGINEERING 3.00 3.00 3.00 3.00
WATER PRODUCTION 5.75 5.75 5.75 5.75
WATER DISTRIBUTION 8.25 8.25 8.25 K 9.25
SEWAGE & TREATMENT 8.00 8.00 8.00 8.00
METER SERVICES 1.00 1.00 1.00 1.00
Total Public Works 26.00 26.00 26.00 27.00
INFORMATION SERVICES 4.00 4.00 4.00 4.00
W&S NON-DEPT.10.00 10.00 10.00 10.00
Total Non-departmental 14.00 14.00 14.00 14.00
TOTAL W&S FUND 45.00 45.00 45.00 46.00
GOLF NON DEPARTMENTAL 0.75 0.75 0.75 L 1.50
GOLF COURSE MAINT.4.00 4.00 4.00 4.00
GOLF PRO SHOP 2.50 2.50 2.50 L 2.00
GOLF FOOD AND BEVERAGE 3.00 3.00 3.00 3.00
GOLF CONFERENCE CENTRE 1.50 D,G 2.75 2.75 L 2.50
TOTAL GOLF COURSE FUND 11.75 13.00 13.00 13.00
JUVENILE CASE FUND 0.25 0.25 0.25 0.25
CRIME CONTROL FUND 19.00 B 20.00 20.00 20.00
ELEMETARY SRO FUND 0.00 0.00 0.00 M 1.00
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 35.25 36.25 36.25 37.25
TOTAL ALL FUNDS 403.00 412.00 412.00 415.00
A) Moved Officers within Police division in General Fund H) Added FT Animal Control Officer
B) Transferred 1 Police Officer from General Fund to CCPD I) Added FT Inspector
C) Moved Secretary within Planning division in General Fund J) Added 4 Hurst Public Service Officers
D) Moved .25 TX Star Gen Mgr from General Fund to Golf Fund K) Added FT W/WW Field Tech I & EDC Parks Field Tech I
E) Added Additional SRO to General Fund L) Converted contract labor employee to City position
F) Added FT Public Service Officer M) Added FT Seargent for new Elem SRO fund
G) Added FT Conference Center Assistant Manager
Full-Time Personnel Counts
31
Description Dated
Principal
Amount
Outstanding
Amount of
Original
Issuance
Paying Agent Remaining
Interest Rate Maturity
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
Series 20111
1/15/2011 1,245,000$ 3,035,000$ U.S. Bank Trust
Company, NA 4% to 4.25%8/15/2030
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
Series 20141
10/15/2014 3,625,000$ 5,715,000$ U.S. Bank Trust
Company, NA 3%8/15/2034
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
Series 20151
10/27/2015 2,095,000$ 3,030,000$ U.S. Bank Trust
Company, NA 3% to 3.5%2/15/2035
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 20161
1/12/2016 12,775,000$ 16,450,000$ U.S. Bank Trust
Company, NA 3% to 3.25%2/15/2041
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 20185
3/1/2018 7,155,000$ 9,180,000$ U.S. Bank Trust
Company, NA 3% to 4%2/15/2038
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2019
1/15/2019 9,820,000$ 11,785,000$ U.S. Bank Trust
Company, NA 3.25% to 5%2/15/2039
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2020
1/14/2020 5,995,000$ 7,115,000$ U.S. Bank Trust
Company, NA 2% to 3%2/15/2040
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2021
4/8/2021 4,755,000$ 5,360,000$ U.S. Bank Trust
Company, NA 1.625% to 4%2/15/2041
Tax Notes Series 2022 9/20/2022 5,575,000$ 7,660,000$ Zions Banc 2.89%2/15/2029
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2023
9/7/2023 20,000,000$ 20,620,000$ U.S. Bank Trust
Company, NA 4% to 5%2/15/2038
Taxable General Obligation Refunding
Bonds, Series 20102 8/15/2010 685,000$ 8,110,000$ U.S. Bank Trust
Company, NA 4.40%8/1/2025
General Obligation Refunding Bonds, Series
2012A3 11/1/2012 1,705,000$ 7,185,000$ U.S. Bank Trust
Company, NA 2.375% to 2.625%2/15/2027
Waterworks & Sewer System Revenue
Bonds, Series 20134 6/25/2013 860,000$ 1,585,000$ U.S. Bank Trust
Company, NA 4% to 5%7/15/2033
Waterworks & Sewer System Revenue
Bonds, Series 2015A4 8/5/2015 2,700,000$ 4,685,000$ U.S. Bank Trust
Company, NA 1.25% to 1.98%7/15/2035
Waterworks & Sewer System Revenue
Bonds, Series 2015B4 8/5/2015 1,420,000$ 2,380,000$ U.S. Bank Trust
Company, NA 0.95% to 1.68%7/15/2035
Waterworks & Sewer System Revenue
Bonds, Series 20184 4/12/2018 2,005,000$ 2,785,000$ U.S. Bank Trust
Company, NA 0.67% to 1.49%7/15/2038
Waterworks & Sewer System Revenue
Bonds, Series 2019 4/25/2019 7,925,000$ 9,275,000$ U.S. Bank Trust
Company, NA 0.5% to 1.66%7/15/2049
Euless Development Corporation, Sales Tax
Revenue Bonds, Series 2018 10/15/2018 1,250,000$ 1,635,000$ U.S. Bank Trust
Company, NA 3% to 4%9/15/2038
Euless Development Corporation, Sales Tax
Revenue Bonds, Series 2019 12/12/2019 3,320,000$ 4,120,000$ U.S. Bank Trust
Company, NA 2.5% to 4%9/15/2039
AXON Enterprise, Inc. Lease 6/13/2023 907,581$ 1,139,386$ AXON
Enterprise, Inc.3/15/2028
2 Bonds paid by rental income from Stars Center.
3 Remaining Bonds paid by Texas Star Golf Course.
4 Bonds paid by Water & Wastewater user charges.
Outstanding Indebtedness
1 Bonds paid by Tax Increment Financing District and
Public Improvement District.
5 Bonds partially paid by Tax Increment Financing District and Public
Improvement District.
32
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Fire General Vector Solutions Evaluations Plus Capital 1,080$ 1,080$ Yes
Fire General CPR and AED Instruction Capital 7,900$ 8,980$ Yes
Fire General EV Fire Equipment Capital 8,810$ 17,790$ Yes
Fleet & Facilities General Digital Document Conversion Capital 9,200$ 26,990$ Yes
Fire General Station 3 Workout Equipment Capital 9,692$ 36,682$ Yes
Public Works General Jackhammer Attachment for Skid Loader Capital 12,000$ 48,682$ Yes
Fleet & Facilities General Flooring Replacement - Euless Family Life Center Capital 12,500$ 61,182$ Yes
Fleet & Facilities General Lighting Replacement - Council Chambers Capital 14,000$ 75,182$ Yes
Fire General CAD to CAD Equipment Capital 19,110$ 94,292$ Yes
Information Services General Data Backup Expansion - Network and System Capital 20,000$ 114,292$ Yes
Public Works General Dingo Utility Loader Capital 22,000$ 136,292$ Yes
PACS General Projection System - Senior Center Capital 23,700$ 159,992$ Yes
Municipal Court General Court Hardware Capital 24,260$ 184,252$ Yes
Public Works General Thermoplastic Marking - Main Street Capital 40,000$ 224,252$ Yes
Police General School Resource Officer at Bear Creek Elementary Capital 50,000$ 274,252$ Yes
P&D General Cityworks Misc. Permit/License Software Capital 52,350$ 326,602$ Yes
Fire General Part-Time Fire Inspectors Capital 57,244$ 383,846$ Yes
Non-Departmental General HOME / ER Program Replenishment CM0802 Capital 60,000$ 443,846$ Yes
Fleet & Facilities General HVAC Unit Replacement - Fire Station #3 Capital 82,000$ 525,846$ Yes
Public Works General Pothole Patcher with Trailer Capital 125,000$ 650,846$ Yes
Information Services General Fiber Optic - Phase III Capital 160,000$ 810,846$ Yes
Fleet & Facilities General Star Center Exterior Repaint Capital 165,000$ 975,846$ Yes
Fleet & Facilities General HVAC Unit Replacement - Finance Building Capital 195,000$ 1,170,846$ Yes
Non-Departmental General Salary / Retiree Adjustments Capital 250,000$ 1,420,846$ Yes
Public Works General Traffic Signal Equipment Upgrades Capital 471,122$ 1,891,968$ Yes
Non-Departmental General Street Improvements Capital 1,000,000$ 2,891,968$ Yes
Non-Departmental General Transfer to CIP Capital 3,000,000$ 5,891,968$ Yes
Fire General Vector Solutions Evaluations Plus Supplemental 2,280$ 2,280$ Yes
Finance General Sales Tax Reporting/Analytical Services Supplemental 10,000$ 12,280$ Yes
Information Services General Data Backup Expansion - Network and System Supplemental 6,000$ 18,280$ Yes
Fire General CAD to CAD Equipment Supplemental 15,750$ 34,030$ Yes
Fire General Bunker Gear Cleaning and Testing Supplemental 17,160$ 51,190$ No
PACS General Recreation Assistant Supplemental 79,476$ 130,666$ No
Information Services General Network/Systems Analyst Upgrade Supplemental 79,752$ 210,418$ No
Police General Full-time Crime Scene Technician Supplemental 99,552$ 309,970$ No
Capital & Supplemental Requests for FY2024-25 by Fund
^Project may contain both capital and supplemental costs.33
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Capital & Supplemental Requests for FY2024-25 by Fund
Fire General Training Chief Supplemental 265,963$ 575,933$ No
Fleet & Facilities Hotel Historical Museum Foundation Repairs Capital 38,000$ 38,000$ Yes
Non-Departmental Hotel Early Payoff of Golf GO Refunding Debt Capital 134,390$ 172,390$ Yes
PACS Hotel Transfer to Arbor Daze Capital 200,000$ 372,390$ Yes
Library EDC Family Place Equipment Capital 6,000$ 6,000$ Yes
Library EDC Shelving Bins Capital 9,502$ 15,502$ Yes
Library EDC Library Security - PD Personnel Capital 24,625$ 40,127$ Yes
PACS EDC Cityworks Software for Parks Capital 45,000$ 85,127$ Yes
PACS EDC Christmas Decorations Capital 50,000$ 135,127$ Yes
Non-Departmental EDC Transfer to CIP for Misc. Parks Improvements PR0720 Capital 200,000$ 335,127$ Yes
Non-Departmental EDC Transfer to CIP for PATS South Turf @ Fenway, Shea, Jacobs Capital 258,200$ 593,327$ Yes
Non-Departmental EDC Transfer to CIP for PATS South Improvements Capital 750,000$ 1,343,327$ Yes
PACS EDC Transfer to CIP for Playground Shade Structure Capital 950,000$ 2,293,327$ Yes
Non-Departmental EDC Transfer to CIP Fund Balance Capital 3,000,000$ 5,293,327$ Yes
PACS EDC Parks Field Tech I Supplemental 73,908$ 73,908$ Yes
Police CCPD AT&T Circuits Capital 13,600$ 13,600$ Yes
Police CCPD Radio System Site Controller Upgrades Capital 165,000$ 178,600$ Yes
Police CCPD Automated License Plate Reader Camera Service Supplemental 50,000$ 50,000$ Yes
Non-Departmental Car Rental Transfer to CIP for Animal Shelter Capital 150,000$ 150,000$ Yes
Non-Departmental Car Rental City Hall Sign Capital 350,000$ 500,000$ Yes
Non-Departmental Car Rental Transfer to Redevelopment Capital 1,000,000$ 1,500,000$ Yes
Non-Departmental Car Rental Transfer to CIP for Golf Course Upgrades Capital 2,140,000$ 3,640,000$ Yes
Non-Departmental Car Rental Transfer to CIP for Facility Renovation at 1400 S. Pipeline Capital 1,500,000$ 5,140,000$ Yes
Non-Departmental Car Rental Transfer to CIP Capital 4,000,000$ 9,140,000$ Yes
Non-Departmental Glade Parks TIRZ Transfer to Glade Parks Debt Service Fund Capital 6,321,983$ 6,321,983$ Yes
Non-Departmental Glade Parks Debt Early Payoff of Glade Parks 2011, 2014, and 2015 CO Debt Capital 6,321,983$ 6,321,983$ Yes
Non-Departmental Star's Center Debt Transfer Unneeded Reserve to General CIP Capital 267,251$ 267,251$ Yes
^Project may contain both capital and supplemental costs.34
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Capital & Supplemental Requests for FY2024-25 by Fund
Public Works W/WW Trailer for Backhoe Capital 28,000$ 28,000$ Yes
Public Works W/WW Water Tower Site Security - Phase 1 Capital 37,000$ 65,000$ Yes
Public Works W/WW Fire Hydrant Restoration Capital 37,378$ 102,378$ Yes
Public Works W/WW CDL Training Capital 50,000$ 152,378$ Yes
Public Works W/WW Wastewater Line S. Main Capital 275,000$ 427,378$ Yes
Finance W/WW Utility Rate Management Software Supplemental 17,280$ 17,280$ Yes
Public Works W/WW Water Field Tech I Supplemental 72,072$ 89,352$ Yes
Non-Departmental Water Impact Transfer to Debt Service Capital 120,050$ 120,050$ Yes
PACS Rec Class Webtrac Phone Application Capital 3,000$ 3,000$ Yes
PACS Rec Class Fitness Equipment Capital 19,000$ 22,000$ Yes
PACS Rec Class Webtrac Phone Application Supplemental 10,800$ 10,800$ Yes
PACS Arbor Daze Arbor Daze Capital 200,000$ 200,000$ Yes
PACS PATS Split Rail Fence Capital 100,000$ 100,000$ Yes
PACS PATS Reserve Transfer to PATS CIP to Close Reserve Fund Capital 444,398$ 444,398$ Yes
Golf Golf Early Payoff of Golf GO Refunding Debt Capital 377,763$ 377,763$ Yes
Golf Golf Office Technician Upgrade Supplemental 21,009$ 21,009$ Yes
Non-Departmental Golf Debt Early Payoff of Golf GO Refunding Debt Capital 62,318$ 62,318$ Yes
Non-Departmental Golf Reserve Transfer to CIP for Misc. Golf Improvements CG1802 Capital 75,000$ 75,000$ Yes
Non-Departmental Golf Reserve Transfer to Golf Debt Service Fund Capital 100,000$ 175,000$ Yes
Non-Departmental Golf Reserve Early Payoff of Golf GO Refunding Debt Capital 610,626$ 785,626$ Yes
Human Resources Insurance Enhanced Fitness/Health Screening Capital 40,000$ 40,000$ Yes
^Project may contain both capital and supplemental costs.35
Expenditures City Wide:
Adjusted Proposed
Actual Budget Budget
FY23 FY24 FY25
4,364$ 3,700$ 4,200$
-$ -$ -$
Local Government Code 140.0045: Itemization of certain expenditures required in certain political
subdivision budgets.
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:
Required Disclosure
36
Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division For additional copies, visit: comptroller.texas.gov/taxes/property-tax
50-856 • 11-23/11
Form 50-8562024 Tax Rate Calculation WorksheetTaxing Units Other Than School Districts or Water Districts
____________________________________________________________________________ ________________________________
Taxing Unit Name Phone (area code and number)
____________________________________________________________________________ ________________________________
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.
SECTION 1: No-New-Revenue Tax Rate
The NNR tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax rate 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.
Line No-New-Revenue Tax Rate Worksheet Amount/Rate
1.Prior year total taxable value. Enter the amount of the prior year taxable value on the prior year 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 ceilings (will deduct in Line 2) and the captured value for tax increment financing (adjustment is made by deducting TIF taxes,
as reflected in Line 17).1 $ _____________
2.Prior year tax ceilings. Counties, cities and junior college districts. Enter the prior year 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 last year or a prior year for homeowners age 65 or older or disabled, use this step.2 $ _____________
3.Preliminary prior year adjusted taxable value. Subtract Line 2 from Line 1.$ _____________
4.Prior year total adopted tax rate.$ __________/$100
5.Prior year taxable value lost because court appeals of ARB decisions reduced the prior year’s appraised value.
A.Original prior year ARB values:....................................................................... $ _____________
B.Prior year values resulting from final court decisions:................................................ - $ _____________
C. Prior year value loss. Subtract B from A.3 $ _____________
6.Prior year taxable value subject to an appeal under Chapter 42, as of July 25.
A.Prior year ARB certified value: ....................................................................... $ _____________
B.Prior year disputed value:............................................................................ - $ _____________
C. Prior year undisputed value. Subtract B from A. 4 $ _____________
7.Prior year Chapter 42 related adjusted values. Add Line 5C and Line 6C.$ _____________
1 Tex. Tax Code §26.012(14)
2 Tex. Tax Code §26.012(14)
3 Tex. Tax Code §26.012(13)
4 Tex. Tax Code §26.012(13)
City of Euless, Texas (817)685-1400
201 N Ector Drive Euless, Texas 76039 www.eulesstx.gov
6,431,196,873
619,974,011
5,811,222,862
0.457500
1,819,573,052
1,567,889,566
251,683,486
250,360,164
25,036,016
225,324,148
477,007,634
37
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 2
Line No-New-Revenue Tax Rate Worksheet Amount/Rate
8.Prior year taxable value, adjusted for actual and potential court-ordered adjustments. Add Line 3 and Line 7.$ _____________
9.Prior year taxable value of property in territory the taxing unit deannexed after Jan. 1, 2024. Enter the prior year value of property in
deannexed territory. 5 $ _____________
10.Prior year taxable value lost because property first qualified for an exemption in the current year. 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 the current
year does not create a new exemption or reduce taxable value.
A.Absolute exemptions. Use prior year market value: .................................................... $ _____________
B.Partial exemptions. Current year exemption amount or current year percentage exemption
times prior year value: ................................................................................. + $ _____________
C. Value loss. Add A and B. 6 $ _____________
11.Prior year 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 the current year. Use only properties that qualified for the first time in the cur-
rent year; do not use proper- ties that qualified in the prior year.
A.Prior year market value:.............................................................................. $ _____________
B.Current year productivity or special appraised value:................................................ - $ _____________
C. Value loss. Subtract B from A. 7 $ _____________
12.Total adjustments for lost value. Add Lines 9, 10C and 11C.$ _____________
13.Prior year captured value of property in a TIF. Enter the total value of the prior year captured appraised value of property taxable by a tax-
ing unit in a tax increment financing zone for which the prior year taxes were deposited into the tax increment fund. 8 If the taxing unit has no
captured appraised value in line 18D, enter 0.$ _____________
14.Prior year total value. Subtract Line 12 and Line 13 from Line 8.$ _____________
15.Adjusted prior year total levy. Multiply Line 4 by Line 14 and divide by $100.$ _____________
16.Taxes refunded for years preceding the prior tax year. Enter the amount of taxes refunded by the taxing unit for tax years preceding the
prior tax 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 the prior tax year. This line applies only to tax years preceding the prior tax year. 9 $ _____________
17.Adjusted prior year levy with refunds and TIF adjustment. Add Lines 15 and 16. 10 $ _____________
18.Total current year taxable value on the current year certified appraisal roll today. This value includes only certified values or certified esti-
mate of values and includes the total taxable value of homesteads with tax ceilings (will deduct in Line 20). These homesteads include home-
owners age 65 or older or disabled. 11
A.Certified values:...................................................................................... $ _____________
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:........... - $ _____________
D.Tax increment financing: Deduct the current year captured appraised value of property taxable by a taxing
unit in a tax increment financing zone for which the current year taxes will be deposited into the tax increment
fund. Do not include any new property value that will be included in Line 23 below. 12 .................... - $ _____________
E. Total current year value. Add A and B, then subtract C and D.$ _____________
5 Tex. Tax Code §26.012(15)
6 Tex. Tax Code §26.012(15)
7 Tex. Tax Code §26.012(15)
8 Tex. Tax Code §26.03(c)
9 Tex. Tax Code §26.012(13)
10 Tex. Tax Code §26.012(13)
11 Tex. Tax Code §26.012, 26.04(c-2)
12 Tex. Tax Code §26.03(c)
6,288,230,496
0
0
4,943,250
4,943,250
0
0
0
4,943,250
369,179,102
5,914,108,144
27,057,044
904,573
27,961,617
7,028,508,139
0
390,920,482
6,637,587,657
38
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 3
13 Tex. Tax Code §26.01(c) and (d)
14 Tex. Tax Code §26.01(c)
15 Tex. Tax Code §26.01(d)
16 Tex. Tax Code §26.012(6)(B)
17 Tex. Tax Code §26.012(6)
18 Tex. Tax Code §26.012(17)
19 Tex. Tax Code §26.012(17)
20 Tex. Tax Code §26.04(c)
21 Tex. Tax Code §26.04(d)
Line No-New-Revenue Tax Rate Worksheet Amount/Rate
19.Total value of properties under protest or not included on certified appraisal roll. 13
A.Current year 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. 14.................................................... $ _____________
B.Current year 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. 15 .............................. + $ _____________
C. Total value under protest or not certified. Add A and B.$ _____________
20.Current year tax ceilings. Counties, cities and junior colleges enter current year 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 pro-
vision in the prior year or a previous year for homeowners age 65 or older or disabled, use this step.16 $ _____________
21.Current year total taxable value. Add Lines 18E and 19C. Subtract Line 20. 17 $ _____________
22.Total current year taxable value of properties in territory annexed after Jan. 1, of the prior year. Include both real and personal property.
Enter the current year value of property in territory annexed. 18 $ _____________
23.Total current year taxable value of new improvements and new personal property located in new improvements. New means the
item was not on the appraisal roll in the prior year. An improvement is a building, structure, fixture or fence erected on or affixed to land. New
additions to existing improvements may be included if the appraised value can be determined. New personal property in a new improvement
must have been brought into the taxing unit after Jan. 1, of the prior year and be located in a new improvement. New improvements do include
property on which a tax abatement agreement has expired for the current year. 19 $ _____________
24.Total adjustments to the current year taxable value. Add Lines 22 and 23.$ _____________
25.Adjusted current year taxable value. Subtract Line 24 from Line 21.$ _____________
26.Current year NNR tax rate. Divide Line 17 by Line 25 and multiply by $100. 20 $ __________/$100
27.COUNTIES ONLY. Add together the NNR tax rates for each type of tax the county levies. The total is the current year county NNR tax rate. 21 $ __________/$100
SECTION 2: Voter-Approval Tax Rate
The voter-approval tax rate is the highest tax rate that a taxing unit may adopt without holding an election to seek voter approval of the rate. The voter-approval tax rate is split
into two separate rates:
1. Maintenance and Operations (M&O) Tax Rate: The M&O portion is the tax rate that is needed to raise the same amount of taxes that the taxing unit levied in the prior year
plus the applicable percentage allowed by law. This rate accounts for such things as salaries, utilities and day-to-day operations.
2. Debt Rate: The debt rate includes the debt service necessary to pay the taxing unit’s debt payments in the coming year. This rate accounts for principal and interest on bonds
and other debt secured by property tax revenue.
The voter-approval tax rate for a county is the sum of the voter-approval tax rates calculated for each type of tax the county levies. In most cases the voter-approval tax rate
exceeds the no-new-revenue tax rate, but occasionally decreases in a taxing unit’s debt service will cause the NNR tax rate to be higher than the voter-approval tax rate.
Line Voter-Approval Tax Rate Worksheet Amount/Rate
28.Prior year M&O tax rate. Enter the prior year M&O tax rate.$ __________/$100
29.Prior year taxable value, adjusted for actual and potential court-ordered adjustments. Enter the amount in Line 8 of the No-New-Revenue
Tax Rate Worksheet.$ _____________
231,682,912
49,167,642
280,850,554
665,824,655
6,252,613,556
0
19,579,114
19,579,114
6,233,034,442
0.448603
0.362697
6,288,230,496
39
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 4
Line Voter-Approval Tax Rate Worksheet Amount/Rate
30.Total prior year M&O levy. Multiply Line 28 by Line 29 and divide by $100 $ _____________
31.Adjusted prior year levy for calculating NNR M&O rate.
A.M&O taxes refunded for years preceding the prior tax year. 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 2022. This line applies only to tax years preceding the prior tax year............ + $ _____________
B.Prior year 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 current year captured appraised value in
Line 18D, enter 0....................................................................................... – $ _____________
C. Prior year 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 0. .................................................................... +/- $ _____________
D.Prior year 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 31D.$ _____________
32.Adjusted current year taxable value. Enter the amount in Line 25 of the No-New-Revenue Tax Rate Worksheet.$ _____________
33.Current year NNR M&O rate (unadjusted). Divide Line 31E by Line 32 and multiply by $100.$ __________/$100
34.Rate adjustment for state criminal justice mandate. 23
A.Current year 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.Prior year 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............................................ $ __________/$100
D.Enter the rate calculated in C. If not applicable, enter 0.$ __________/$100
35.Rate adjustment for indigent health care expenditures. 24
A.Current year 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, of the prior tax year and ending on June 30, of the current tax year, less any state assistance received for the same purpose.
$ _____________
B.Prior year 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, 2022 and ending on June 30, 2023, less any state assistance received
for the same purpose................................................................................... – $ _____________
C. Subtract B from A and divide by Line 32 and multiply by $100............................................ $ __________/$100
D.Enter the rate calculated in C. If not applicable, enter 0.$ __________/$100
22 [Reserved for expansion]
23 Tex. Tax Code §26.044
24 Tex. Tax Code §26.0441
22,807,223
733,958
1,688,994
0
-955,036
21,852,187
6,233,034,442
0.350586
0
0
0.000000
0
0.000000
0.000000
0
40
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 5
Line Voter-Approval Tax Rate Worksheet Amount/Rate
36.Rate adjustment for county indigent defense compensation. 25
A.Current year 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, of the prior tax year and ending on
June 30,of the current tax year, less any state grants received by the county for the same purpose.......... $ _____________
B.Prior year 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, 2022 and ending on
June 30, 2023, 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............................................ $ __________/$100
D.Multiply B by 0.05 and divide by Line 32 and multiply by $100............................................ $ __________/$100
E. Enter the lesser of C and D. If not applicable, enter 0.$ __________/$100
37.Rate adjustment for county hospital expenditures. 26
A.Current year 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, of the prior tax year and
ending on June 30, of the current tax year............................................................... $ _____________
B.Prior year 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, 2022 and
ending on June 30, 2023. .............................................................................. $ _____________
C. Subtract B from A and divide by Line 32 and multiply by $100............................................ $ __________/$100
D.Multiply B by 0.08 and divide by Line 32 and multiply by $100............................................ $ __________/$100
E. Enter the lesser of C and D, if applicable. If not applicable, enter 0.$ __________/$100
38.Rate adjustment for defunding municipality. This adjustment only applies to a municipality that is considered to be a defunding municipal-
ity 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 Section 26.0444 for more
information.
A.Amount appropriated for public safety in the prior year. Enter the amount of money appropriated for public
safety in the budget adopted by the municipality for the preceding fiscal year . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ _____________
B.Expenditures for public safety in the prior year. Enter the amount of money spent by the municipality for public
safety during the preceding fiscal year .................................................................. $ _____________
C. Subtract B from A and divide by Line 32 and multiply by $100 ........................................... $ __________/$100
D.Enter the rate calculated in C. If not applicable, enter 0.$ __________/$100
39.Adjusted current year NNR M&O rate. Add Lines 33, 34D, 35D, 36E, and 37E. Subtract Line 38D.$ __________/$100
40.Adjustment for prior year sales tax specifically to reduce property taxes. Cities, counties and hospital districts that collected and spent
additional sales tax on M&O expenses in the prior year should complete this line. These entities will deduct the sales tax gain rate for the current
year in Section 3. Other taxing units, enter zero.
A.Enter the amount of additional sales tax collected and spent on M&O expenses in the prior year, if any.
Counties must exclude any amount that was spent for economic development grants from the amount
of sales tax spent ...................................................................................... $ _____________
B.Divide Line 40A by Line 32 and multiply by $100 ........................................................ $ __________/$100
C. Add Line 40B to Line 39.$ __________/$100
41.Current year 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.
$ __________/$100
25 Tex. Tax Code §26.0442
26 Tex. Tax Code §26.0443
0
0
0.000000
0.000000
0.000000
0
0
0.000000
0.000000
0.000000
0
0
0.000000
0.000000
0.350586
3,724,525
0.059754
0.410340
0.424701
41
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 6
Line Voter-Approval Tax Rate Worksheet Amount/Rate
D41.Disaster Line 41 (D41): Current year voter-approval M&O rate for taxing unit affected by disaster declaration. If the taxing unit is locat-
ed in an area declared a disaster area and at least one person is granted an exemption under Tax Code Section 11.35 for property located in the
taxing unit, the governing body may direct the person calculating the voter-approval tax rate to calculate in the manner provided for a special
taxing unit. The taxing unit shall continue to calculate the voter-approval tax rate in this manner until the earlier of
1) the first year in which total taxable value on the certified appraisal roll exceeds the total taxable value of
the tax year in which the disaster occurred, or
2) the third tax year after the tax year in which the disaster occurred
If the taxing unit qualifies under this scenario, multiply Line 40C by 1.08. 27 If the taxing unit does not qualify, do not complete
Disaster Line 41 (Line D41).$ __________/$100
42.Total current year 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, 2021, verify if it meets the amended definition of debt before including it here. 28
Enter debt amount .................................................................................... $ _____________
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 prior year excess debt collections. Enter the amount certified by the collector. 29 $ _____________
44.Adjusted current year debt. Subtract Line 43 from Line 42E.$ _____________
45.Current year anticipated collection rate.
A.Enter the current year anticipated collection rate certified by the collector. 30.............................. ____________%
B.Enter the prior year actual collection rate................................................................ ____________%
C. Enter the 2022 actual collection rate. ................................................................... ____________%
D.Enter the 2021 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.Current year debt adjusted for collections. Divide Line 44 by Line 45E.$ _____________
47.Current year total taxable value. Enter the amount on Line 21 of the No-New-Revenue Tax Rate Worksheet.$ _____________
48.Current year debt rate. Divide Line 46 by Line 47 and multiply by $100.$ __________/$100
49.Current year voter-approval tax rate. Add Lines 41 and 48.$ __________/$100
D49.Disaster Line 49 (D49): Current year voter-approval tax rate for taxing unit affected by disaster declaration. Complete this line if the
taxing unit calculated the voter-approval tax rate in the manner provided for a special taxing unit on Line D41.
Add Line D41 and 48.$ __________/$100
27 Tex. Tax Code §26.042(a)
28 Tex. Tax Code §26.012(7)
29 Tex. Tax Code §26.012(10) and 26.04(b)
30 Tex. Tax Code §26.04(b)
31 Tex. Tax Code §§26.04(h), (h-1) and (h-2)
0.000000
7,831,392
0
0
2,128,637
5,702,755
612,423
5,090,332
100.00
98.68
99.96
99.69
100.00
5,090,332
6,252,613,556
0.081411
0.506112
0.000000
42
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 7
32 Tex. Tax Code §26.041(d)
33 Tex. Tax Code §26.041(i)
34 Tex. Tax Code §26.041(d)
35 Tex. Tax Code §26.04(c)
36 Tex. Tax Code §26.04(c)
37 Tex. Tax Code §26.045(d)
38 Tex. Tax Code §26.045(i)
Line Voter-Approval Tax Rate Worksheet Amount/Rate
50.COUNTIES ONLY. Add together the voter-approval tax rates for each type of tax the county levies. The total is the current year county voter-approv-
al tax rate.$ __________/$100
SECTION 3: NNR Tax Rate and Voter-Approval Tax Rate Adjustments for Additional Sales Tax to Reduce Property Taxes
Cities, counties and hospital districts may levy a sales tax specifically to reduce property taxes. Local voters by election must approve imposing or abolishing the additional sales
tax. If approved, the taxing unit must reduce its NNR and voter-approval tax rates to offset the expected sales tax revenue.
This section should only be completed by a county, city or hospital district that is required to adjust its NNR tax rate and/or voter-approval tax rate because it adopted the
additional sales tax.
Line Additional Sales and Use Tax Worksheet Amount/Rate
51.Taxable Sales. For taxing units that adopted the sales tax in November of the prior tax year or May of the current tax year, enter the
Comptroller’s estimate of taxable sales for the previous four quarters. 32 Estimates of taxable sales may be obtained through the Comptroller’s
Allocation Historical Summary webpage.
Taxing units that adopted the sales tax before November of the prior year, enter 0.$ _____________
52.Estimated sales tax revenue. Counties exclude any amount that is or will be spent for economic development grants from the amount of esti-
mated sales tax revenue. 33
Taxing units that adopted the sales tax in November of the prior tax year or in May of the current tax year. Multiply the amount on
Line 51 by the sales tax rate (.01, .005 or .0025, as applicable) and multiply the result by .95. 34
- or -
Taxing units that adopted the sales tax before November of the prior year. Enter the sales tax revenue for the previous four quarters.
Do not multiply by .95.$ _____________
53.Current year total taxable value. Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet.$ _____________
54.Sales tax adjustment rate. Divide Line 52 by Line 53 and multiply by $100.$ __________/$100
55.Current year NNR tax rate, unadjusted for sales tax.35 Enter the rate from Line 26 or 27, as applicable, on the No-New-Revenue Tax Rate
Worksheet.$ __________/$100
56.Current year NNR tax rate, adjusted for sales tax.
Taxing units that adopted the sales tax in November the prior tax year or in May of the current tax year. Subtract Line 54 from Line
55. Skip to Line 57 if you
adopted the additional sales tax before November of the prior tax year.$ __________/$100
57.Current year voter-approval tax rate, unadjusted for sales tax.36 Enter the rate from Line 49, Line D49 (disaster) or Line 50 (counties) as
applicable, of the Voter-Approval Tax Rate Worksheet.$ __________/$100
58.Current year voter-approval tax rate, adjusted for sales tax. Subtract Line 54 from Line 57.$ __________/$100
SECTION 4: Voter-Approval Tax Rate Adjustment for Pollution Control
A taxing unit may raise its rate for M&O funds used to pay for a facility, device or method for the control of air, water or land pollution. This includes any land, structure, building,
installation, excavation, machinery, equipment or device that is used, constructed, acquired or 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-Approval Rate Adjustment for Pollution Control Requirements Worksheet Amount/Rate
59.Certified expenses from the Texas Commission on Environmental Quality (TCEQ). Enter the amount certified in the determination letter
from TCEQ. 37 The taxing unit shall provide its tax assessor-collector with a copy of the letter. 38 $ _____________
60.Current year total taxable value. Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet.$ _____________
61.Additional rate for pollution control. Divide Line 59 by Line 60 and multiply by $100.$ __________/$100
0.000000
0
3,711,935
6,252,613,556
0.059366
0.448603
0.448603
0.506112
0.446746
0
6,252,613,556
0.000000
43
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 8
Line Voter-Approval Rate Adjustment for Pollution Control Requirements Worksheet Amount/Rate
62.Current year voter-approval tax rate, adjusted for pollution control. Add Line 61 to one of the following lines (as applicable): Line 49, Line
D49 (disaster), Line 50 (counties) or Line 58 (taxing units with the additional sales tax).$ __________/$100
SECTION 5: Voter-Approval Tax Rate Adjustment for Unused Increment Rate
The unused increment rate is the rate equal to the sum of the prior 3 years Foregone Revenue Amounts divided by the current taxable value. 39 The Foregone Revenue Amount for each
year is equal to that year’s adopted tax rate subtracted from that year’s voter-approval tax rate adjusted to remove the unused increment rate multiplied by that year’s current total
value. 40 In a year where a taxing unit adopts a rate by applying any portion of the unused increment rate, the portion of the unused increment rate that was used must be backed out
of the calculation for that year.
The difference between the adopted tax rate and adjusted voter-approval tax rate is considered zero in the following scenarios:
• a tax year in which a taxing unit affected by a disaster declaration calculates the tax rate under Tax Code Section 26.042; 41
• a tax year in which the municipality is a defunding municipality, as defined by Tax Code Section 26.0501(a); 42 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. 43
Individual components can be negative, but the overall rate will be the greater of zero or the calculated rate.
This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit. 44
Line Unused Increment Rate Worksheet Amount/Rate
63.Year 3 Foregone Revenue Amount. Subtract the 2023 unused increment rate and 2023 actual tax rate from the 2023 voter-approval
tax rate. Multiply the result by the 2023 current total value
A. Voter-approval tax rate (Line 67).....................................................................................................
B. Unused increment rate (Line 66) .....................................................................................................
C. Subtract B from A...................................................................................................................
D. Adopted Tax Rate ...................................................................................................................
E. Subtract D from C ...................................................................................................................
F. 2023 Total Taxable Value (Line 60) ....................................................................................................
G. Multiply E by F and divide the results by $100 ........................................................................................
$ __________/$100
$ __________/$100
$ __________/$100
$ __________/$100
$ __________/$100
$ _____________
$ _____________
64.Year 2 Foregone Revenue Amount. Subtract the 2022 unused increment rate and 2022 actual tax rate from the 2022 voter-approval
tax rate. Multiply the result by the 2022 current total value
A. Voter-approval tax rate (Line 67).....................................................................................................
B. Unused increment rate (Line 66).....................................................................................................
C. Subtract B from A...................................................................................................................
D. Adopted Tax Rate ...................................................................................................................
E. Subtract D from C ...................................................................................................................
F. 2022 Total Taxable Value (Line 60) ....................................................................................................
G. Multiply E by F and divide the results by $100 ........................................................................................
$ __________/$100
$ __________/$100
$ __________/$100
$ __________/$100
$ __________/$100
$ _____________
$ _____________
65.Year 1 Foregone Revenue Amount. Subtract the 2021 unused increment rate and 2021 actual tax rate from the 2021 voter-approval
tax rate. Multiply the result by the 2021 current total value
A. Voter-approval tax rate (Line 67).....................................................................................................
B. Unused increment rate (Line 65).....................................................................................................
C. Subtract B from A...................................................................................................................
D. Adopted Tax Rate ...................................................................................................................
E. Subtract D from C ...................................................................................................................
F. 2021 Total Taxable Value (Line 60) ....................................................................................................
G. Multiply E by F and divide the results by $100 ........................................................................................
$ __________/$100
$ __________/$100
$ __________/$100
$ __________/$100
$ __________/$100
$ _____________
$ _____________
66.Total Foregone Revenue Amount. Add Lines 63G, 64G and 65G $ __________/$100
67.2024 Unused Increment Rate. Divide Line 66 by Line 21 of the No-New-Revenue Rate Worksheet. Multiply the result by 100 $ __________/$100
68.Total 2024 voter-approval tax rate, including the unused increment rate. Add Line 67 to one of the following lines (as applicable): Line 49,
Line 50 (counties), Line 58 (taxing units with additional sales tax) or Line 62 (taxing units with pollution)$ __________/$100
39 Tex. Tax Code §26.013(b)
40 Tex. Tax Code §26.013(a)(1-a), (1-b), and (2)
41 Tex. Tax Code §§26.04(c)(2)(A) and 26.042(a)
42 Tex. Tax Code §§26.0501(a) and (c)
43 Tex. Local Gov’t Code §120.007(d)
44 Tex. Local Gov’t Code §120.007(d)
0.446746
0.463168
0.021900
0.441268
0.457500
-0.016232
5,908,171,343
-959,015
0.467831
0.007293
0.460538
0.460000
0.000538
5,193,568,181
27,941
0.476825
0.007293
0.469532
0.475000
-0.005468
4,650,258,604
-254,277
0
0.000000
0.446746
44
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 9
SECTION 6: De Minimis Rate
The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate, the rate that will raise $500,000, and the current debt rate for a taxing unit. 44
This section should only be completed by a taxing unit that is a municipality of less than 30,000 or a taxing unit that does not meet the definition of a special taxing unit. 45
Line De Minimis Rate Worksheet Amount/Rate
69.Adjusted current year NNR M&O tax rate. Enter the rate from Line 39 of the Voter-Approval Tax Rate Worksheet.
70.Current year total taxable value. Enter the amount on Line 21 of the No-New-Revenue Tax Rate Worksheet.$ _____________
71.Rate necessary to impose $500,000 in taxes. Divide $500,000 by Line 70 and multiply by $100.$ __________/$100
72.Current year debt rate. Enter the rate from Line 48 of the Voter-Approval Tax Rate Worksheet.$ __________/$100
73.De minimis rate. Add Lines 69, 71 and 72.$ __________/$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.48
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. 49
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.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).
Line Emergency Revenue Rate Worksheet Amount/Rate
74.2023 adopted tax rate. Enter the rate in Line 4 of the No-New-Revenue Tax Rate Worksheet.$ __________/$100
75.Adjusted 2023 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 2023 and the taxing unit calculated its 2023 voter-approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41)
of the 2023 worksheet due to a disaster, complete the applicable sections or lines of Form 50-856-a, Adjusted Voter-Approval Tax Rate for Taxing
Units in Disaster Area Calculation Worksheet.
- or -
If a disaster occurred prior to 2023 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 2023, complete form 50-856-a, 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 2023 if it had generated revenue based on an adopted tax rate
using a multiplier of 1.035 in the years following the disaster. 50 Enter the final adjusted 2023 voter-approval tax rate from the worksheet.
- or -
If the taxing unit adopted a tax rate above the 2022 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.
$ __________/$100
76.Increase in 2023 tax rate due to disaster. Subtract Line 75 from Line 74.$ __________/$100
77.Adjusted 2023 taxable value. Enter the amount in Line 14 of the No-New-Revenue Tax Rate Worksheet.$ _____________
78.Emergency revenue. Multiply Line 76 by Line 77 and divide by $100.$ _____________
79.Adjusted 2023 taxable value. Enter the amount in Line 25 of the No-New-Revenue Tax Rate Worksheet.$ _____________
80.Emergency revenue rate. Divide Line 78 by Line 79 and multiply by $100. 51 $ __________/$100
45 Tex. Tax Code §26.04(c)(2)(B)
46 Tex. Tax Code §26.012(8-a)
47 Tex. Tax Code §26.063(a)(1)
48 Tex. Tax Code §26.042(b)
49 Tex. Tax Code §26.042(f)
50 Tex. Tax Code §§26.42(c)
51 Tex. Tax Code §§26.42(b)
0.350586
6,252,613,556
0.007996
0.081411
0.000000
0.457500
0.000000
0.000000
5,914,108,144
0
6,233,034,442
0.000000
45
2024 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 10
Line Emergency Revenue Rate Worksheet Amount/Rate
81. Current year voter-approval tax rate, adjusted for emergency revenue. Subtract Line 80 from one of the following lines (as applicable):
Line 49, Line D49 (disaster), Line 50 (counties), Line 58 (taxing units with the additional sales tax), Line 62 (taxing units with pollution control)
or Line 68 (taxing units with the unused increment rate).$ __________/$100
SECTION 8: Total Tax Rate
Indicate the applicable total tax rates as calculated above.
$ __________/$100
$ __________/$100
$ __________/$100
No-new-revenue tax rate. ................................................................................................................
As applicable, enter the current year NNR tax rate from: Line 26, Line 27 (counties), or Line 56 (adjusted for sales tax).
Indicate the line number used: ______
Voter-approval tax rate ...................................................................................................................
As applicable, enter the current year 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 68 (adjusted for unused increment), or Line 81 (adjusted for emergency revenue).
Indicate the line number used: ______
De minimis rate. ..........................................................................................................................
If applicable, enter the current year de minimis rate from Line 73.
SECTION 9: Taxing Unit Representative Name and Signature
Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit. By signing below, you certify that you are the designated officer or
employee of the taxing unit and have accurately calculated the tax rates using values that are the same as the values shown in the taxing unit’s certified appraisal roll or certified
estimate of taxable value, in accordance with requirements in the Tax Code. 52
____________________________________________________________
Printed Name of Taxing Unit Representative
____________________________________________________________ ________________________________________
Taxing Unit Representative Date
52 Tex. Tax Code §§26.04(c-2) and (d-2)
0.446746
0.448603
26
0.446746
58
0.000000
Janina Jewell
Reset Print
July 26, 2024
46
INTRODUCTION
Organizational Chart
Budget Process
Budget Calendar Resolution
Excerpt from Charter
Fiscal Policies
1-1
BUDGET PROCESS
DEFINITION AND AUTHORITY
The budget is a financial plan for a specific fiscal year that contains both the estimated
revenues to be received during the year and the proposed expenditures to be incurred to
achieve stated objectives. The City Charter established the City of Euless’ fiscal year as
October 1 through September 30. The City Charter further states:
The City Manager, prior to August first of each year, shall prepare and submit the
budget, covering the next fiscal year, to the City Council, which shall contain the following
information. In preparing the budget, each employee, officer, board, and department shall
assist the city manager by furnishing all necessary information.
(1)The city manager’s budget message shall outline the proposed financial
policies for the next fiscal year with explanations of any changes from previous
years in expenditures and any major changes of policy and a complete
statement regarding the financial condition of the City.
(2)An estimate of all revenue from taxes and other sources, including the present
tax structure rates and property evaluation for the ensuing year.
(3)A carefully itemized list of proposed expenses by office, department, agency,
employee, and project for the budget year, as compared to actual expenses of
the last ended fiscal year, and the present year to date.
(4)A description of all outstanding bond indebtedness, showing amount,
purchaser, date of issue, rate of interest, and maturity date, as well as any
other indebtedness which the City had incurred and which has not been paid.
(5)A statement proposing any capital expenditures deemed necessary for
undertaking during the next budget year and recommended provisions for
financing.
(6)A list of capital projects which should be undertaken within the five (5) next
succeeding years.
PUBLIC ACCESS
Article VII, Section 3 of the City Charter provides:
The budget and all supporting schedules shall be filed with the City Secretary when
submitted to the City Council and shall be open for public inspection by anyone interested.
PUBLIC HEARINGS
Article VII, Section 4 of the City Charter provides:
At the Council meeting at which time the budget is submitted, the Council shall, in
conformance with the requirements of law, name the date and place of a public hearing and
shall cause to be published the time and place thereof. At this hearing, interested citizens
may express their opinion concerning items of expenditure, giving their reasons for wishing
to increase or decrease any items of expense.
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 August 3rd, the City Council plans to review the preliminary operating and capital budgets.
At their City Council meeting on August 5th, the Euless City Council plans to set a date, time,
and place for the budget public hearing on August 13th. City Council will consider adoption
of the Budget on August 19th. After the budget adoption, the Finance Department prepares
a monthly financial report which is presented to the City Council for their review.
1-4
1-5
1-6
EXCERPTS FROM CHARTER
CITY OF EULESS, TEXAS
ARTICLE VII. FINANCE
Sec. 1. Fiscal year.
The fiscal year of the City of Euless shall begin on October first of each calendar year and
will end on September thirtieth of the following calendar year. The fiscal year will also be
established as the accounting and budget year. All funds collected by the City during any fiscal
year, including both current and delinquent revenue shall belong to such fiscal year and, except
funds derived to pay interest and create a sinking fund on the bonded indebtedness of the City,
may be applied to the payment of the expenses incurred during such fiscal year. Any revenues
uncollected at the end of any fiscal year, and any unencumbered funds actually on hand shall
become resources of the next succeeding fiscal year.
State law references – Budgets. V.T.C.A. Local Government Code ¶ 102.001 et seq: fiscal powers. V.T.C.A., Local Government Code ¶ 101.002.
State law reference – Fiscal Year. V.T.C.A. Tax Code ¶1.05
Sec. 2. Preparation and submission of budget.
The City Manager, prior to August first of each year, shall prepare and submit the budget,
covering the next fiscal year, to the Council, which shall contain the following information. In
preparing the budget, each employee, officer, board, and department shall assist the City
Manager by furnishing all necessary information.
(1)The City Manager’s budget message shall outline the proposed financial policies
for the next fiscal year with explanations of any change from previous years in
expenditures and any major changes of policy, and a complete statement
regarding the financial conditions of the City.
(2)An estimate all revenue from taxes and other sources, including the present tax
structure rates and property evaluation for the ensuing year.
(3)A carefully itemized list of proposed expenses by office, department, agency,
employee and project for the budget year, as compared to actual expenses of the
last ended fiscal year, and the present year-to-date.
(4)A description of all outstanding bond indebtedness, showing amount, purchaser,
date of issue, rate of interest and maturity date, as well as any other indebtedness
which the City had incurred and which has not been paid.
(5)A statement proposing any capital expenditures deemed necessary for
undertaking during the next budget year and recommended provisions for
financing.
(6)A list of capital projects which should be undertaken within the five (5) next
succeeding years.
State law reference – Budget, V.T.C.A., Local Government Code ¶ 102.001 et seq.
Sec. 3 Budget a public record.
The budget and all supporting schedules shall be filed with the City Secretary when
submitted to the Council and shall be open to public inspection by anyone interested.
State law reference – Budget, V.T.C.A., Local Government Code ¶ 102.001 et seq.
1-7
Sec. 4. Public hearing on budget.
At the Council meeting at which time the budget is submitted, the Council shall, in
conformance with the requirements of law, name the date and place of a public hearing and shall
cause to be published the time and place thereof. At this hearing, interested citizens may express
their opinions concerning items of expenditure, giving their reasons for wishing to increase or
decrease any items of expense. (Amended 11-5-91)
State law reference – Budget, V.T.C.A., Local Government Code ¶ 102.001 et seq.
Sec. 5. Proceeding on adoption of budget.
After public hearing, the Council shall analyze the budget, making any additions or
deletions which they feel appropriate, and shall, at least ten (10) days prior to the beginning of
the next fiscal year, adopt the budget by a favorable majority vote all members of the Council.
State law reference – Budget, V.T.C.A. Local Government Code ¶ 102.001 et seq.
Sec. 6. Budget, appropriation, and amount to be raised by taxation.
On final adoption, the budget shall be in effect for the budget year. Final adoption of the
budget by the Council shall constitute the official appropriations as proposed expenditures for the
current year and shall constitute the basis of the official levy of the property tax as the amount of
tax to be assessed and collected for the corresponding tax year. Estimated expenditures will in
no case exceed proposed revenue plus cash on hand. Unused appropriations may be transferred
to any item required for the same general purpose.
Sec. 7. Unallocated reserve fund.
The City Manager may recommend for action by the Council, an unallocated reserve fund
to be used for unexpected items of expense which were not contained as original items of
expenditures.
Sec. 8. Amending the budget.
Under the extreme emergency conditions which may arise and which could not reasonably
have been foreseen in the normal process of planning the budget, the Council may, by a majority
vote of the full membership, amend or change the budget to provide for any additional expenses
in which the general welfare of the citizenry is involved. These amendments shall be by
ordinance, and shall become an attachment to the original budget.
State law reference – Budget, V.T.C.A. Local Government Code ¶ 102.001 et seq.
Sec. 9. Certification: copies made available.
A copy of the budget, as finally adopted, shall be filed with the City Secretary. The final
budget shall be printed, mimeographed, or otherwise reproduced and sufficient copies shall be
made available for the use of all offices, agencies and for the use of interested persons and civic
organizations.
Sec. 10. Defect shall not invalidate the tax levy.
Errors or defects in the form or preparation of the budget or the failure to perform any
procedural requirements shall not nullify the tax levy or the tax rate.
1-8
1-9
1-10
1-11
1-12
1-13
1-14
1-15
CAPITAL, INFRASTRUCTURE PLANS &
FLEET/EQUIPMENT REPLACEMENT
Capital & Supplemental Requests by Fund
Capital & Supplemental Requests by Department
FY2024-25 Infrastructure Plan
Memo, Projected Equipment Replacement Fund
Proposed Fleet, Misc. Asset, and Building Asset
Depreciation Transfers
Proposed Fleet, Misc. Asset, and Building Asset
Replacements
Proposed Fleet and Misc. Asset Carryover
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Fire General Vector Solutions Evaluations Plus Capital 1,080$ 1,080$ Yes
Fire General CPR and AED Instruction Capital 7,900$ 8,980$ Yes
Fire General EV Fire Equipment Capital 8,810$ 17,790$ Yes
Fleet & Facilities General Digital Document Conversion Capital 9,200$ 26,990$ Yes
Fire General Station 3 Workout Equipment Capital 9,692$ 36,682$ Yes
Public Works General Jackhammer Attachment for Skid Loader Capital 12,000$ 48,682$ Yes
Fleet & Facilities General Flooring Replacement - Euless Family Life Center Capital 12,500$ 61,182$ Yes
Fleet & Facilities General Lighting Replacement - Council Chambers Capital 14,000$ 75,182$ Yes
Fire General CAD to CAD Equipment Capital 19,110$ 94,292$ Yes
Information Services General Data Backup Expansion - Network and System Capital 20,000$ 114,292$ Yes
Public Works General Dingo Utility Loader Capital 22,000$ 136,292$ Yes
PACS General Projection System - Senior Center Capital 23,700$ 159,992$ Yes
Municipal Court General Court Hardware Capital 24,260$ 184,252$ Yes
Public Works General Thermoplastic Marking - Main Street Capital 40,000$ 224,252$ Yes
Police General School Resource Officer at Bear Creek Elementary Capital 50,000$ 274,252$ Yes
P&D General Cityworks Misc. Permit/License Software Capital 52,350$ 326,602$ Yes
Fire General Part-Time Fire Inspectors Capital 57,244$ 383,846$ Yes
Non-Departmental General HOME / ER Program Replenishment CM0802 Capital 60,000$ 443,846$ Yes
Fleet & Facilities General HVAC Unit Replacement - Fire Station #3 Capital 82,000$ 525,846$ Yes
Public Works General Pothole Patcher with Trailer Capital 125,000$ 650,846$ Yes
Information Services General Fiber Optic - Phase III Capital 160,000$ 810,846$ Yes
Fleet & Facilities General Star Center Exterior Repaint Capital 165,000$ 975,846$ Yes
Fleet & Facilities General HVAC Unit Replacement - Finance Building Capital 195,000$ 1,170,846$ Yes
Non-Departmental General Salary / Retiree Adjustments Capital 250,000$ 1,420,846$ Yes
Public Works General Traffic Signal Equipment Upgrades Capital 471,122$ 1,891,968$ Yes
Non-Departmental General Street Improvements Capital 1,000,000$ 2,891,968$ Yes
Non-Departmental General Transfer to CIP Capital 3,000,000$ 5,891,968$ Yes
Fire General Vector Solutions Evaluations Plus Supplemental 2,280$ 2,280$ Yes
Finance General Sales Tax Reporting/Analytical Services Supplemental 10,000$ 12,280$ Yes
Information Services General Data Backup Expansion - Network and System Supplemental 6,000$ 18,280$ Yes
Fire General CAD to CAD Equipment Supplemental 15,750$ 34,030$ Yes
Fire General Bunker Gear Cleaning and Testing Supplemental 17,160$ 51,190$ No
PACS General Recreation Assistant Supplemental 79,476$ 130,666$ No
Information Services General Network/Systems Analyst Upgrade Supplemental 79,752$ 210,418$ No
Police General Full-time Crime Scene Technician Supplemental 99,552$ 309,970$ No
Capital & Supplemental Requests for FY2024-25 by Fund
^Project may contain both capital and supplemental costs.2-1
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Capital & Supplemental Requests for FY2024-25 by Fund
Fire General Training Chief Supplemental 265,963$ 575,933$ No
Fleet & Facilities Hotel Historical Museum Foundation Repairs Capital 38,000$ 38,000$ Yes
Non-Departmental Hotel Early Payoff of Golf GO Refunding Debt Capital 134,390$ 172,390$ Yes
PACS Hotel Transfer to Arbor Daze Capital 200,000$ 372,390$ Yes
Library EDC Family Place Equipment Capital 6,000$ 6,000$ Yes
Library EDC Shelving Bins Capital 9,502$ 15,502$ Yes
Library EDC Library Security - PD Personnel Capital 24,625$ 40,127$ Yes
PACS EDC Cityworks Software for Parks Capital 45,000$ 85,127$ Yes
PACS EDC Christmas Decorations Capital 50,000$ 135,127$ Yes
Non-Departmental EDC Transfer to CIP for Misc. Parks Improvements PR0720 Capital 200,000$ 335,127$ Yes
Non-Departmental EDC Transfer to CIP for PATS South Turf @ Fenway, Shea, Jacobs Capital 258,200$ 593,327$ Yes
Non-Departmental EDC Transfer to CIP for PATS South Improvements Capital 750,000$ 1,343,327$ Yes
PACS EDC Transfer to CIP for Playground Shade Structure Capital 950,000$ 2,293,327$ Yes
Non-Departmental EDC Transfer to CIP Fund Balance Capital 3,000,000$ 5,293,327$ Yes
PACS EDC Parks Field Tech I Supplemental 73,908$ 73,908$ Yes
Police CCPD AT&T Circuits Capital 13,600$ 13,600$ Yes
Police CCPD Radio System Site Controller Upgrades Capital 165,000$ 178,600$ Yes
Police CCPD Automated License Plate Reader Camera Service Supplemental 50,000$ 50,000$ Yes
Non-Departmental Car Rental Transfer to CIP for Animal Shelter Capital 150,000$ 150,000$ Yes
Non-Departmental Car Rental City Hall Sign Capital 350,000$ 500,000$ Yes
Non-Departmental Car Rental Transfer to Redevelopment Capital 1,000,000$ 1,500,000$ Yes
Non-Departmental Car Rental Transfer to CIP for Golf Course Upgrades Capital 2,140,000$ 3,640,000$ Yes
Non-Departmental Car Rental Transfer to CIP for Facility Renovation at 1400 S. Pipeline Capital 1,500,000$ 5,140,000$ Yes
Non-Departmental Car Rental Transfer to CIP Capital 4,000,000$ 9,140,000$ Yes
Non-Departmental Glade Parks TIRZ Transfer to Glade Parks Debt Service Fund Capital 6,321,983$ 6,321,983$ Yes
Non-Departmental Glade Parks Debt Early Payoff of Glade Parks 2011, 2014, and 2015 CO Debt Capital 6,321,983$ 6,321,983$ Yes
Non-Departmental Star's Center Debt Transfer Unneeded Reserve to General CIP Capital 267,251$ 267,251$ Yes
^Project may contain both capital and supplemental costs.2-2
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Capital & Supplemental Requests for FY2024-25 by Fund
Public Works W/WW Trailer for Backhoe Capital 28,000$ 28,000$ Yes
Public Works W/WW Water Tower Site Security - Phase 1 Capital 37,000$ 65,000$ Yes
Public Works W/WW Fire Hydrant Restoration Capital 37,378$ 102,378$ Yes
Public Works W/WW CDL Training Capital 50,000$ 152,378$ Yes
Public Works W/WW Wastewater Line S. Main Capital 275,000$ 427,378$ Yes
Finance W/WW Utility Rate Management Software Supplemental 17,280$ 17,280$ Yes
Public Works W/WW Water Field Tech I Supplemental 72,072$ 89,352$ Yes
Non-Departmental Water Impact Transfer to Debt Service Capital 120,050$ 120,050$ Yes
PACS Rec Class Webtrac Phone Application Capital 3,000$ 3,000$ Yes
PACS Rec Class Fitness Equipment Capital 19,000$ 22,000$ Yes
PACS Rec Class Webtrac Phone Application Supplemental 10,800$ 10,800$ Yes
PACS Arbor Daze Arbor Daze Capital 200,000$ 200,000$ Yes
PACS PATS Split Rail Fence Capital 100,000$ 100,000$ Yes
PACS PATS Reserve Transfer to PATS CIP to Close Reserve Fund Capital 444,398$ 444,398$ Yes
Golf Golf Early Payoff of Golf GO Refunding Debt Capital 377,763$ 377,763$ Yes
Golf Golf Office Technician Upgrade Supplemental 21,009$ 21,009$ Yes
Non-Departmental Golf Debt Early Payoff of Golf GO Refunding Debt Capital 62,318$ 62,318$ Yes
Non-Departmental Golf Reserve Transfer to CIP for Misc. Golf Improvements CG1802 Capital 75,000$ 75,000$ Yes
Non-Departmental Golf Reserve Transfer to Golf Debt Service Fund Capital 100,000$ 175,000$ Yes
Non-Departmental Golf Reserve Early Payoff of Golf GO Refunding Debt Capital 610,626$ 785,626$ Yes
Human Resources Insurance Enhanced Fitness/Health Screening Capital 40,000$ 40,000$ Yes
^Project may contain both capital and supplemental costs.2-3
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Finance General Sales Tax Reporting/Analytical Services Supplemental 10,000$ 10,000$ Yes
Finance W/WW Utility Rate Management Software Supplemental 17,280$ 27,280$ Yes
Fire General CPR and AED Instruction Capital 7,900$ 7,900$ Yes
Fire General Vector Solutions Evaluations Plus Capital 1,080$ 8,980$ Yes
Fire General EV Fire Equipment Capital 8,810$ 17,790$ Yes
Fire General Station 3 Workout Equipment Capital 9,692$ 27,482$ Yes
Fire General CAD to CAD Equipment Capital 19,110$ 46,592$ Yes
Fire General Part-Time Fire Inspectors Capital 57,244$ 103,836$ Yes
Fire General Vector Solutions Evaluations Plus Supplemental 2,280$ 2,280$ Yes
Fire General CAD to CAD Equipment Supplemental 15,750$ 18,030$ Yes
Fire General Bunker Gear Cleaning and Testing Supplemental 17,160$ 35,190$ No
Fire General Training Chief Supplemental 265,963$ 301,153$ No
Fleet & Facilities General Digital Document Conversion Capital 9,200$ 9,200$ Yes
Fleet & Facilities General Flooring Replacement - Euless Family Life Center Capital 12,500$ 21,700$ Yes
Fleet & Facilities General Lighting Replacement - Council Chambers Capital 14,000$ 35,700$ Yes
Fleet & Facilities Hotel Historical Museum Foundation Repairs Capital 38,000$ 73,700$ Yes
Fleet & Facilities General HVAC Unit Replacement - Fire Station #3 Capital 82,000$ 155,700$ Yes
Fleet & Facilities General Star Center Exterior Repaint Capital 165,000$ 320,700$ Yes
Fleet & Facilities General HVAC Unit Replacement - Finance Building Capital 195,000$ 515,700$ Yes
Golf Golf Early Payoff of Golf GO Refunding Debt Capital 377,763$ 377,763$ Yes
Golf Golf Office Technician Upgrade Supplemental 21,009$ 21,009$ Yes
Human Resources Insurance Enhanced Fitness/Health Screening Capital 40,000$ 40,000$ Yes
Information Services General Data Backup Expansion - Network and System Capital 20,000$ 20,000$ Yes
Information Services General Fiber Optic - Phase III Capital 160,000$ 180,000$ Yes
Information Services General Data Backup Expansion - Network and System Supplemental 6,000$ 6,000$ Yes
Information Services General Network/Systems Analyst Upgrade Supplemental 79,752$ 85,752$ No
Capital & Supplemental Requests for FY2024-25 by Department
^Project may contain both capital and supplemental costs.2-4
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Capital & Supplemental Requests for FY2024-25 by Department
Library EDC Family Place Equipment Capital 6,000$ 6,000$ Yes
Library EDC Shelving Bins Capital 9,502$ 15,502$ Yes
Library EDC Library Security - PD Personnel Capital 24,625$ 40,127$ Yes
Municipal Court General Court Hardware Capital 24,260$ 24,260$ Yes
Non-Departmental General HOME / ER Program Replenishment CM0802 Capital 60,000$ 60,000$ Yes
Non-Departmental Golf Debt Early Payoff of Golf GO Refunding Debt Capital 62,318$ 122,318$ Yes
Non-Departmental Golf Reserve Transfer to CIP for Misc. Golf Improvements CG1802 Capital 75,000$ 197,318$ Yes
Non-Departmental Golf Reserve Transfer to Golf Debt Service Fund Capital 100,000$ 297,318$ Yes
Non-Departmental Water Impact Transfer to Debt Service Capital 120,050$ 417,368$ Yes
Non-Departmental Hotel Early Payoff of Golf GO Refunding Debt Capital 134,390$ 551,758$ Yes
Non-Departmental Car Rental Transfer to CIP for Animal Shelter Capital 150,000$ 701,758$ Yes
Non-Departmental EDC Transfer to CIP for Misc. Parks Improvements PR0720 Capital 200,000$ 901,758$ Yes
Non-Departmental General Salary / Retiree Adjustments Capital 250,000$ 1,151,758$ Yes
Non-Departmental EDC Transfer to CIP for PATS South Turf @ Fenway, Shea, Jacobs Capital 258,200$ 1,409,958$ Yes
Non-Departmental Star's Center Debt Transfer Unneeded Reserve to General CIP Capital 267,251$ 1,677,209$ Yes
Non-Departmental Car Rental City Hall Sign Capital 350,000$ 2,027,209$ Yes
Non-Departmental Golf Reserve Early Payoff of Golf GO Refunding Debt Capital 610,626$ 2,637,835$ Yes
Non-Departmental EDC Transfer to CIP for PATS South Improvements Capital 750,000$ 3,387,835$ Yes
Non-Departmental General Street Improvements Capital 1,000,000$ 4,387,835$ Yes
Non-Departmental Car Rental Transfer to Redevelopment Capital 1,000,000$ 5,387,835$ Yes
Non-Departmental Car Rental Transfer to CIP for Facility Renovation at 1400 S. Pipeline Capital 1,500,000$ 6,887,835$ Yes
Non-Departmental Car Rental Transfer to CIP for Golf Course Upgrades Capital 2,140,000$ 9,027,835$ Yes
Non-Departmental General Transfer to CIP Capital 3,000,000$ 12,027,835$ Yes
Non-Departmental Car Rental Transfer To CIP Capital 4,000,000$ 16,027,835$ Yes
Non-Departmental EDC Transfer to CIP Fund Balance Capital 3,000,000$ 19,027,835$ Yes
Non-Departmental Glade Parks TIRZ Transfer to Glade Parks Debt Service Fund Capital 6,321,983$ 25,349,818$ Yes
Non-Departmental Glade Parks Debt Early Payoff of Glade Parks 2011, 2014, and 2015 CO Debt Capital 6,321,983$ 31,671,801$ Yes
P&D General Cityworks Misc. Permit/License Software Capital 52,350$ 52,350$ Yes
PACS Rec Class Webtrac Phone Application Capital 3,000$ 3,000$ Yes
PACS Rec Class Fitness Equipment Capital 19,000$ 22,000$ Yes
PACS General Projection System - Senior Center Capital 23,700$ 45,700$ Yes
^Project may contain both capital and supplemental costs.2-5
Department Fund Program Description Program Type ^Program Cost
Department
Sub-Total
CMO
Funded
Capital & Supplemental Requests for FY2024-25 by Department
PACS EDC Cityworks Software for Parks Capital 45,000$ 90,700$ Yes
PACS EDC Christmas Decorations Capital 50,000$ 140,700$ Yes
PACS PATS Split Rail Fence Capital 100,000$ 240,700$ Yes
PACS Hotel Transfer to Arbor Daze Capital 200,000$ 440,700$ Yes
PACS Arbor Daze Arbor Daze Capital 200,000$ 640,700$ Yes
PACS PATS Reserve Transfer to PATS CIP to Close Reserve Fund Capital 444,398$ 1,085,098$ Yes
PACS EDC Transfer to CIP for Playground Shade Structure Capital 950,000$ 2,035,098$ Yes
PACS Rec Class Webtrac Phone Application Supplemental 10,800$ 10,800$ Yes
PACS EDC Parks Field Tech I Supplemental 73,908$ 84,708$ Yes
PACS General Recreation Assistant Supplemental 79,476$ 164,184$ No
Police CCPD AT&T Circuits Capital 13,600$ 13,600$ Yes
Police General School Resource Officer at Bear Creek Elementary Capital 50,000$ 63,600$ Yes
Police CCPD Radio System Site Controller Upgrades Capital 165,000$ 228,600$ Yes
Police CCPD Automated License Plate Reader Camera Service Supplemental 50,000$ 50,000$ Yes
Police General Full-time Crime Scene Technician Supplemental 99,552$ 149,552$ No
Public Works General Jackhammer Attachment for Skid Loader Capital 12,000$ 12,000$ Yes
Public Works General Dingo Utility Loader Capital 22,000$ 34,000$ Yes
Public Works W/WW Trailer for Backhoe Capital 28,000$ 62,000$ Yes
Public Works W/WW Water Tower Site Security - Phase 1 Capital 37,000$ 99,000$ Yes
Public Works W/WW Fire Hydrant Restoration Capital 37,378$ 136,378$ Yes
Public Works General Thermoplastic Marking - Main Street Capital 40,000$ 176,378$ Yes
Public Works W/WW CDL Training Capital 50,000$ 226,378$ Yes
Public Works General Pothole Patcher with Trailer Capital 125,000$ 351,378$ Yes
Public Works W/WW Wastewater Line S. Main Capital 275,000$ 626,378$ Yes
Public Works General Traffic Signal Equipment Upgrades Capital 471,122$ 1,097,500$ Yes
Public Works W/WW Water Field Tech I Supplemental 72,072$ 72,072$ Yes
^Project may contain both capital and supplemental costs.2-6
FY2024-25 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 staff’s 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
TO: Loretta Getchell, City Manager
FROM: Kyle McAdams, Fleet and Facility Director
DATE: July 19, 2024
Beginning working capital available as of October 1, 2023 $23,899,587
REVENUE:
Depreciation $4,593,672
Car Rental Fund Contribution $717,553
Salvage Sales (estimated) $325,351
Interest/Misc. $737,255
Total Revenues: $6,373,831
TOTAL FUNDS AVAILABLE $30,273,418
EXPENSES:
Replacement Vehicles, Equipment, and Assets $4,890,441
Total Expenses: $4,890,441
ESTIMATED ENDING BALANCE SEPTEMBER 30, 2024 $25,382,977
ESTIMATED REVENUE
Depreciation $4,851,058
Car Rental Fund Contribution $1,116,104
Salvage Sales (estimated) $50,000
Interest/Misc. $658,456
Total Revenues: $6,675,618
ESTIMATED TOTAL FUNDS AVAILABLE: $32,058,595
ESTIMATED EXPENSES:
Replacement Vehicles $6,558,926
Replacement Equipment $2,119,332
Remodel / Improvements $45,000
Alternative Fuel Conversion $10,500
Total Expenses: $8,733,758
ESTIMATED ENDING BALANCE SEPTEMBER 30, 2025 $23,324,837
SUBJECT: Projected Equipment Replacement Fund
M E M O
2-8
Fleet Depreciation Transfer
Budget Year 2024 - 2025
Department Name Account Code Transfer
Administration 101-1011-513 9601 $267
Police / Code Compliance 101-3025-521 9601 $18,917
Police / Administration 101-3045-521 9601 $17,083
Police / Patrol 101-3046-521 9601 $366,408
Police / C.I.D.101-3047-521 9601 $27,282
Police / Service 101-3048-521 9601 $22,602
Fire / Edu Prev. / Marshall 101-4023-522 9601 $45,433
Fire / EMS / Suppression 101-4041-522 9601 $930,858
Facility Maintenance 101-5037-519 9601 $27,983
Planning 101-6034-540 9601 $17,200
Recreation 101-7051-550 9601 $18,752
Parks 101-7052-550 9601 $186,367
Animal Control 101-8064-531 9601 $26,455
Streets 101-8033-531 9601 $182,438
Total General Fund:$1,888,045
City Engineer 501-8066-531 9601 $11,233
Water Production 501-8071-531 9601 $3,364
Water Distribution 501-8072-531 9601 $154,004
Sewer & Treatment 501-8073-531 9601 $86,038
Total Water & Wastewater:$254,639
EDC Parks (Tx Star)210-1052-550 9601 $6,167
Fleet Services 504-5090-519 9601 $10,683
Drainage Utility 510-8029-531 9601 $5,133
Parks at Texas Star 530-7050-550 9601 $1,500
Texas Star Golf Course 540-7060-550 9601 $348,359
Fleet Car Rental 240-9060-590 9601 $642,558
City Total: $3,157,084
Transfers are shown at 100%
2-9
Misc. Asset Depreciation Transfer
Budget Year 2024 - 2025
Department Name Account Code Transfer
Finance - Purchasing 101-5036-519 9601 $2,250
Police / Patrol 101-3046-521 9601 $162,492
Police / Service 101-3048-521 9601 $135,933
Police / Detention 101-3049-521 9601 $4,991
Police / EOC 101-3024-521 9601 $16,500
Fire / Administration 101-4023-522 9601 $16,244
Fire / Safety & Training 101-4023-522 9601 $4,392
Fire / EMS 101-4041-522 9601 $3,250
Fire / Suppression 101-4041-522 9601 $80,139
Facility Maintenance 101-5037-519 9601 $52,520
Library 101-5054-519 9601 $87,867
Recreation - Administration 101-7084-550 9601 $6,200
Recreation - EFLAP 101-7051-550 9601 $120,058
Recreation - ELFC NAT 101-7052-550 9601 $33,976
Recreation - EFLC MID Rec 101-7051-550 9601 $28,117
Recreation - Parks Maint. 101-7052-550 9601 $778
Recreation - Splash 101-7052-550 9601 $10,294
Recreation - Sen Center 101-7052-550 9601 $59,983
Public Works - Yard Equip. 101-8033-531 9601 $88,505
City Secretary's Office 101-1014-510 9601 $2,733
Information Services 101-5016-519 9601 $37,857
Total General Fund:$955,079
Courts 202-2013-515 9601 $700
Engineering 501-8066-531 9601 $1,675
Water Wells 501-8071-531 9601 $146,800
Reclaimed Water 501-8072-531 9601 $132,933
Total Water & Sewer Fund:$281,408
Euless Development Corp
Parks 210-1052-550 9601 $170,453
Police / CCPD - Patrol 220-3045-521 9601 $94,567
Fleet Services 504-5090-519 9601 $23,294
Special Rec Fund 520-7055-550 9601 $91,471
2-10
Misc. Asset Depreciation Transfer
Budget Year 2024 - 2025
Department Name Account Code Transfer
Parks @ TX Star:530-7050-550 9601 $81,222
Texas Star / Golf Operations 540-7062-550 9601 $116,474
Texas Star / Conf. Center 540-7068-550 9601 $56,745
Texas Star / Grille Operations 540-7067-550 9601 $31,054
Texas Star Golf & Conference:$204,273
Misc. Assets Car Rental 240-9060-590 9601 $473,546
City Total: $2,376,013
Transfers are shown at 100%
2-11
Building Asset Depreciation Transfer
Budget Year 2024 - 2025
Facility Name Account Code Transfers
PD & Courts 101-9060-590 9601 78,491$
Service Center 504-5090-519 9601 4,133$
City Hall 101-9060-590 9601 41,498$
Fire Administration 101-9060-590 9601 16,800$
Finance 101-9060-590 9601 17,381$
Development & Engineering 101-9060-590 9601 20,590$
Library 101-9060-590 9601 14,592$
Parks & Community Service 101-9060-590 9601 8,333$
Public Works 101-9060-590 9601 5,400$
Fire Station #1 101-9060-590 9601 17,515$
Fire Station #2 101-9060-590 9601 7,033$
Fire Station #3 101-9060-590 9601 7,960$
Animal Shelter 101-9060-590 9601 5,316$
Parks Maintenance 101-9060-590 9601 6,545$
Euless Family Life Center 101-9060-590 9601 62,395$
Simmons Center 101-9060-590 9601 7,562$
City Buildings:321,544$
Ruth Millican Center 201-7080-550 9601 7,550$
Fuller House 201-7080-550 9601 1,379$
Texas Star Conference Ctr. 201-7080-550 9601 16,864$
Hotel / Motel Tax:25,793$
Vulcan / RediMix HQ 210-1031-513 9601 65,025$
RediMix IT Building 210-1031-513 9601 6,764$
RediMix Laboratory 210-1031-513 9601 3,606$
Shields Awards 210-1031-513 9601 11,333$
EDC Funded:86,728$
City Total: 434,065$
Transfers are shown at 100%
2-12
Proposed Fleet Replacements
Budget Year 2024 - 2025
BUDGETED
-- CURRENT -- REPLACE
UNIT # VEHICLE TYPE DEPT.
COST
LP4254 LIFEPAK 15 FIRE - EMS 63,293$
LP3779 LIFEPAK 15 FIRE - EMS 63,293$
LP4158 LIFEPAK 15 FIRE - EMS 63,293$
LP4253 LIFEPAK 15 FIRE - EMS 63,293$
ST0906 STRYKER STRETCHER FIRE - EMS 34,300$
FD1801 STRYKER LOADING SYSTEM FIRE - EMS 92,000$
821 CARGO TRAILER FIRE - SAFETY 14,000$
949 FORD 1/2T 4DR PICKUP FIRE - SUPPR 68,000$
316 KUBOTA UTILITY PARKS 15,000$
922 IMANTS AERIFIER PARKS 33,000$
936 FORD 4DR SEDAN PD - ADMIN 32,000$
TBD CHEVROLET PPI PD - PATROL 78,000$
TBD FORD PPI PD - PATROL 78,000$
TBD FORD PPI PD - PATROL 78,000$
TBD CHEVROLET PPI PD - PATROL 78,000$
TBD FORD PPI PD - PATROL 78,000$
201 SMC MESSAGE BOARD PW - STREET 42,000$
202 SMC MESSAGE BOARD PW - STREET 29,000$
283 FORD SA DUMP TRUCK PW - STREET 135,000$
320 HUSQVARNA CONCRETE SAW PW - STREET 42,000$
933 CRAFCO CRACK SEALER PW - STREET 85,000$
01 / 80 EZ-GO GOLF CARS TX STAR GC 760,000$
240 TORO WORKMAN HDX TX STAR GC 37,200$
563 TORO WORKMAN HDX TX STAR GC 37,200$
711 CUSHMAN HAULER 1200 TX STAR GC 10,900$
714 CUSHMAN HAULER 1200 TX STAR GC 11,400$
717 TORO PROFORCE 44552 TX STAR GC 11,500$
803 CUSHMAN HAULER 1200 TX STAR GC 18,200$
988 TORO MULTIPRO 1750 TX STAR GC 54,200$
2,205,072$
FY2025 PRE-ORDER (DELIVERY IN FY2027)
961 PIERCE TOWER FIRE - SUPPR 2,094,012$
Total Purchases FY2025 4,299,084$
2-13
Proposed Misc. Asset Replacements
Budget Year 2024 - 2025
BUDGETED
-- CURRENT -- REPLACE
YEAR VEHICLE TYPE DEPT.
COST
2009 GENIE LIFT - SINGLE FACILITY 23,000$
2018 THERMAL IMAGING UNIT FIRE - SUPPRESS 25,000$
2018 GAS DETECTOR FIRE - SUPPRESS 2,000$
1997 PLAYGROUND PATS-S 303,000$
2005 VETERANS B PADDING SIGN PATS-S 18,000$
2013 FUNBRELLA FABRIC EFLAP 29,000$
2017 TABLES EFLAP 38,000$
2020 TREADMILLS (x4) EFLC - SC 37,000$
2018 TV MONITORS (x5) EFLC - FC 3,000$
2018 TV MONITORS (4) EFLC - FC 3,000$
2010 GYM CURTAIN EFLC - FC 31,000$
2010 PRESCHOOL PLAYGROUND EFLC - FC 47,000$
2010 PLAYGROUND SURFACE EFLC - FC 16,000$
2018 PA SYSTEM (combine with Carryover) EFLC - FC 26,000$
2015 SECURITY CAMERAS EFLC - MID 30,000$
1982 PICNIC TABLES (8) WPARK 21,000$
1982 WATER FOUNTAINS (x3) BOBEDEN 49,000$
2000 PICNIC TABLES (45) VOBC 94,000$
1997 PLAYGROUND MIDPRK 303,000$
2018 FD - PORT TIER: APX6000XE PD - SERVICE 271,582$
2020 POLE CAMERA PD - CCPD 10,000$
2020 EOC STREAMING BOX (2) PD - CCPD 11,000$
2020 LIVE SCAN FINGER PRINT PD - CCPD 35,000$
2020 DATA STORAGE SYSTEM PD - CCPD 63,000$
2020 POLICE MOBILITY VEHICLES PD - CCPD 52,000$
2005 WAKER - 6" TRASH PUMP PW - YARD 36,000$
2007 SECURITY CAMERAS (16) PW - YARD 25,000$
2008 FREESTANDING FREEZER - 2 DR TX STAR -CONF. CNTR. 18,000$
2008 HOT BOX - 4 DOOR TX STAR -CONF. CNTR. 19,000$
2007 FURNITURE - NARROW TABLES (15) TX STAR -CONF. CNTR. 10,000$
2008 ICE MACHINE REMOTE COND TX STAR - GRILLE 16,500$
Total Purchases FY2025 1,665,082$
2-14
Proposed Building Asset Replacements
Budget Year 2024 - 2025
BUDGETED
-- CURRENT --REPLACE
YEAR EQUIPMENT DESCRIPTION DEPT.
COST
2003 ROOF RESTORATION - 1 CITY HALL 45,000$
Total Purchases FY2025 45,000$
2-15
Fleet Carryover
Budget Year 2024-2025
UNIT **CURRENT****PROPOSED**ASSIGNED CARRYOVER
NUMBER VEHICLE TYPE VEHICLE TYPE DEPT. LOCATION EXPENSE
LP4656 LIFEPACK - 15 LIFEPACK - 35 FD EMS 47,000$
LP3943 LIFEPACK - 15 LIFEPACK - 35 FD EMS 47,000$
LP3761 LIFEPACK - 15 LIFEPACK - 35 FD EMS 47,000$
LP2716 LIFEPACK - 15 LIFEPACK - 35 FD EMS 47,000$
LP3323 LIFEPACK - 15 LIFEPACK - 35 FD EMS 47,000$
LP2902 LIFEPACK - 15 LIFEPACK - 35 FD EMS 47,000$
960 PIERCE QUINT FD SUPPRESSION 1,558,142$
811 FORD 1/2T STD SM PICKUP DEVELOPMENT 35,000$
857 TOYOTA HYBRID SEDAN DEVELOPMENT 32,000$
694 FORD F750 2.5T UTILITY PW WATER DIST 146,000$
804 FORD F750 2.5T UTILITY
PIERCE QUINT
FORD 1/2T STD SM PICKUP
FORD 1/2T STD SM PICKUP
DUMP TRUCK
UTILITY BED TRUCK PW WATER DIST 97,000$
840 WARREN SAND SPREADER SAND SPREADER PW STREETS 17,000$
845 PACE ENCLOSED TRAILER ENCLOSED TRAILER POLICE SERVICE 4,000$
788 PACE ENCLOSED TRAILER ENCLOSED TRAILER PACS RECREATION 7,000$
93 KUBOTA RTV UTILITY CART KUBOTA UTILITY CART TX STAR GOLF COURSE 14,500$
394 TORO WORKMAN GTX KUBOTA UTILITY CART TX STAR GOLF COURSE 14,100$
449 TORO FAIRWAY BEVERAGE TORO FAIRWAY BEVERAGE TX STAR GOLF COURSE 14,100$
450 TORO FAIRWAY BEVERAGE TORO FAIRWAY BEVERAGE TX STAR GOLF COURSE 18,200$
911 TORO WORKMAN MDX CART TORO WORKMAN MDX CART TX STAR GOLF COURSE 20,800$
TOTAL: 2,259,842$
2-16
Misc. Asset Carryover
Budget Year 2024-2025
ITEM **CURRENT****PROPOSED**ASSIGNED CARRYOVER
NUMBER ASSET TYPE ASSET TYPE DEPT. LOCATION EXPENSE
6 VINYL CUTTER SAME PACS ADMIN 8,000$
10 SURGE PROTECTORS SAME PACS EFLAP 7,500$
11 POOL PUMPS SAME PACS EFLAP 73,000$
16 TV MONITORS (14)SAME PACS SENIOR CENTER 9,000$
17 PA SYSTEM SAME PACS FITNESS CNTR 8,000$
19 EXERCISE STATIONS (11) SAME PACS VILLAGES 65,000$
20 PLAYGROUND SAME PACS TRAILWOOD 90,000$
21 PICNIC BENCHES (7)SAME PACS TRAILWOOD 9,000$
22 CRIME SCENE CAMERA SAME POLICE CCPD 1,750$
25 ALLEN - DATAGRAPH SAME PW YARD 26,000$
27 TRENCH BOX 10' X 8' SAME PW YARD 11,000$
31 RANGE MATS SAME TX STAR GOLF 10,000$
32 PORTABLE BAR & CHAIRS SAME TX STAR CONF. CENTER 10,000$
33 CHARGRILLER - 11 BURNER SAME TX STAR CONF. CENTER 8,000$
34 AV EQUIP - MASTER COMP SAME TX STAR CONF. CENTER 38,000$
35 DISHWASHER SAME TX STAR CONF. CENTER 10,000$
36 RENTAL CLUBS SAME TX STAR CONF. CENTER 7,000$
36A INTERIOR DÉCOR SAME TX STAR CONF. CENTER 7,000$
37 DEEP FRYER SAME TX STAR GRILLE 33,000$
38 BAR COOLER - 4 DOOR SAME TX STAR GRILLE 3,000$
39 SANDWICH PREP COOLER SAME TX STAR GRILLE 3,000$
40 FREEZER WORKTOP - 1 DR SAME TX STAR GRILLE 3,000$
41 PATIO TABLES (12)SAME TX STAR GRILLE 5,000$
42 PATIO CHAIRS (48)SAME TX STAR GRILLE 9,000$
TOTAL: 454,250$
2-17
DEBT
Schedule of Outstanding 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
Description Dated
Principal
Amount
Outstanding
Amount of
Original
Issuance
Paying Agent Remaining
Interest Rate Maturity
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
Series 20111
1/15/2011 1,245,000$ 3,035,000$ U.S. Bank Trust
Company, NA 4% to 4.25%8/15/2030
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
Series 20141
10/15/2014 3,625,000$ 5,715,000$ U.S. Bank Trust
Company, NA 3%8/15/2034
Tax & Waterworks & Sewer System (Limited
Pledge) Revenue Certificates of Obligation,
Series 20151
10/27/2015 2,095,000$ 3,030,000$ U.S. Bank Trust
Company, NA 3% to 3.5%2/15/2035
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 20161
1/12/2016 12,775,000$ 16,450,000$ U.S. Bank Trust
Company, NA 3% to 3.25%2/15/2041
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 20185
3/1/2018 7,155,000$ 9,180,000$ U.S. Bank Trust
Company, NA 3% to 4%2/15/2038
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2019
1/15/2019 9,820,000$ 11,785,000$ U.S. Bank Trust
Company, NA 3.25% to 5%2/15/2039
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2020
1/14/2020 5,995,000$ 7,115,000$ U.S. Bank Trust
Company, NA 2% to 3%2/15/2040
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2021
4/8/2021 4,755,000$ 5,360,000$ U.S. Bank Trust
Company, NA 1.625% to 4%2/15/2041
Tax Notes Series 2022 9/20/2022 5,575,000$ 7,660,000$ Zions Banc 2.89%2/15/2029
Tax & Waterworks & Sewer System
(Limited Pledge) Revenue Certificates of
Obligation, Series 2023
9/7/2023 20,000,000$ 20,620,000$ U.S. Bank Trust
Company, NA 4% to 5%2/15/2038
Taxable General Obligation Refunding
Bonds, Series 20102 8/15/2010 685,000$ 8,110,000$ U.S. Bank Trust
Company, NA 4.40%8/1/2025
General Obligation Refunding Bonds, Series
2012A3 11/1/2012 1,705,000$ 7,185,000$ U.S. Bank Trust
Company, NA 2.375% to 2.625%2/15/2027
Waterworks & Sewer System Revenue
Bonds, Series 20134 6/25/2013 860,000$ 1,585,000$ U.S. Bank Trust
Company, NA 4% to 5%7/15/2033
Waterworks & Sewer System Revenue
Bonds, Series 2015A4 8/5/2015 2,700,000$ 4,685,000$ U.S. Bank Trust
Company, NA 1.25% to 1.98%7/15/2035
Waterworks & Sewer System Revenue
Bonds, Series 2015B4 8/5/2015 1,420,000$ 2,380,000$ U.S. Bank Trust
Company, NA 0.95% to 1.68%7/15/2035
Waterworks & Sewer System Revenue
Bonds, Series 20184 4/12/2018 2,005,000$ 2,785,000$ U.S. Bank Trust
Company, NA 0.67% to 1.49%7/15/2038
Waterworks & Sewer System Revenue
Bonds, Series 2019 4/25/2019 7,925,000$ 9,275,000$ U.S. Bank Trust
Company, NA 0.5% to 1.66%7/15/2049
Euless Development Corporation, Sales Tax
Revenue Bonds, Series 2018 10/15/2018 1,250,000$ 1,635,000$ U.S. Bank Trust
Company, NA 3% to 4%9/15/2038
Euless Development Corporation, Sales Tax
Revenue Bonds, Series 2019 12/12/2019 3,320,000$ 4,120,000$ U.S. Bank Trust
Company, NA 2.5% to 4%9/15/2039
AXON Enterprise, Inc. Lease 6/13/2023 907,581$ 1,139,386$ AXON
Enterprise, Inc.3/15/2028
2 Bonds paid by rental income from Stars Center.
3 Remaining Bonds paid by Texas Star Golf Course.
4 Bonds paid by Water & Wastewater user charges.
Outstanding Indebtedness
1 Bonds paid by Tax Increment Financing District and
Public Improvement District.
5 Bonds partially paid by Tax Increment Financing District and Public
Improvement District.
3-1
GENERAL & CERTIFICATES WATER &SALES TAX
YEAR OF OBLIGATION GOLF WASTEWATER STAR CENTER ½ CENT REQUIREMENTS
2025 $7,824,492 $591,072 $1,073,658 $715,140 $401,075 $10,605,436
2026 $7,721,941 $587,419 $1,069,201 $0 $396,975 $9,775,536
2027 $7,621,041 $592,678 $1,073,835 $0 $396,975 $9,684,528
2028 $7,471,105 $0 $1,071,924 $0 $396,575 $8,939,604
2029 $7,249,901 $0 $1,074,096 $0 $395,775 $8,719,772
2030 $6,059,176 $0 $1,075,181 $0 $399,575 $7,533,932
2031 $5,816,754 $0 $1,074,672 $0 $394,875 $7,286,301
2032 $5,820,059 $0 $1,083,190 $0 $396,100 $7,299,349
2033 $5,823,025 $0 $1,075,675 $0 $397,000 $7,295,700
2034 $5,828,400 $0 $947,371 $0 $396,450 $7,172,221
2035 $5,390,528 $0 $954,407 $0 $395,600 $6,740,535
2036 $5,168,622 $0 $540,758 $0 $399,400 $6,108,780
2037 $5,172,853 $0 $539,444 $0 $397,700 $6,109,997
2038 $5,163,628 $0 $537,826 $0 $400,650 $6,102,104
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 $0 $381,225
TOTAL $93,486,800 $1,771,169 $17,382,471 $715,140 $5,842,825 $119,198,405
ANNUAL DEBT SERVICE
TOTAL GENERAL OBLIGATION AND REVENUE DEBT
TOTAL ANNUAL DEBT SERVICE REQUIREMENTS
SUMMARY OF TOTAL GENERAL OBLIGATION AND REVENUE DEBT
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
2025 2027 2029 2031 2033 2035 2037 2039 2041 2043 2045 2047 2049
FISCAL YEAR
SALES TAX ½ CENT
GOLF
STAR CENTER
WATER & WASTEWATER
G.O.'S AND C.O.'S
3-2
U.S. BANK, DALLAS, TX
84525
YEAR INTEREST PRINCIPAL REQUIREMENTS
2025 $2,562,596 $5,261,895 $7,824,492
2026 $2,385,046 $5,336,895 $7,721,941
2027 $2,199,146 $5,421,895 $7,621,041
2028 $2,009,210 $5,461,895 $7,471,105
2029 $1,809,901 $5,440,000 $7,249,901
2030 $1,619,176 $4,440,000 $6,059,176
2031 $1,441,754 $4,375,000 $5,816,754
2032 $1,275,059 $4,545,000 $5,820,059
2033 $1,108,025 $4,715,000 $5,823,025
2034 $933,400 $4,895,000 $5,828,400
2035 $750,528 $4,640,000 $5,390,528
2036 $578,622 $4,590,000 $5,168,622
2037 $412,853 $4,760,000 $5,172,853
2038 $248,628 $4,915,000 $5,163,628
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 $19,539,219 $73,947,581 $93,486,800
Total General Obligation Debt
Composition of Debt Service
DEBT SERVICE REQUIREMENTS
SUMMARY OF GENERAL OBLIGATION DEBT
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
$5,000,000
$5,500,000
$6,000,000
$6,500,000
$7,000,000
$7,500,000
$8,000,000
$8,500,000
2025 2027 2029 2031 2033 2035 2037 2039 2041
Fiscal Year
Interest Principal
3-3
U.S. BANK, DALLAS, TX
84525
YEAR INTEREST PRINCIPAL REQUIREMENTS
2025 $1,865,639 $3,832,214 $5,697,853
2026 $1,734,674 $3,861,039 $5,595,714
2027 $1,596,948 $3,892,805 $5,489,754
2028 $1,457,256 $3,881,629 $5,338,885
2029 $1,309,811 $3,806,500 $5,116,311
2030 $1,171,976 $2,755,325 $3,927,301
2031 $1,048,259 $2,874,149 $3,922,408
2032 $927,136 $2,997,974 $3,925,110
2033 $807,443 $3,119,740 $3,927,183
2034 $681,796 $3,248,564 $3,930,360
2035 $549,858 $3,370,330 $3,920,188
2036 $413,960 $3,512,096 $3,926,056
2037 $278,384 $3,895,000 $4,173,384
2038 $141,191 $4,025,000 $4,166,191
2039 $47,725 $1,595,000 $1,642,725
2040 $15,475 $775,000 $790,475
2041 $3,300 $330,000 $333,300
TOTAL $14,050,829 $51,772,366 $65,823,196
Tax-Supported General Obligation Debt
Composition of Debt Service
DEBT SERVICE REQUIREMENTS
SUMMARY OF TAX-SUPPORTED GENERAL OBLIGATION DEBT
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
$5,000,000
$5,500,000
$6,000,000
2025 2027 2029 2031 2033 2035 2037 2039 2041
Fiscal Year
Interest Principal
3-4
DATED:
ORIGINAL AMOUNT: $9,180,000
PAYING AGENT: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE: February 15, 2028
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
2025 4.000% $81,759 $77,052 $235,319 $394,131
2026 4.000% $77,052 $72,170 $244,144 $393,367
2027 4.000% $72,170 $67,051 $255,910 $395,132
2028 4.000% $67,051 $61,757 $264,734 $393,543
2029 4.000% $61,757 $56,227 $276,500 $394,485
2030 3.000% $56,227 $51,948 $285,325 $393,501
2031 3.000% $51,948 $47,535 $294,149 $393,633
2032 3.125% $47,535 $42,800 $302,974 $393,310
2033 3.125% $42,800 $37,883 $314,740 $395,423
2034 3.250% $37,883 $32,626 $323,564 $394,073
2035 3.250% $32,626 $27,176 $335,330 $395,132
2036 3.375% $27,176 $21,319 $347,096 $395,591
2037 3.375% $21,319 $11,025 $610,000 $642,344
2038 3.500% $11,025 $0 $630,000 $641,025
TOTAL $688,330 $606,570 $4,719,785 $6,014,685
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2018
March 1, 2018
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%
A portion of this debt is being paid from TIRZ/PID-Supported General Obligation Debt as is reflected on that summary and section.
This is the portion of the debt paid by taxes.
INTEREST
Proceeds from the sale of the Certificates will be used for (i) the construction of public works, to wit: (a) constructing, renovating,
enlarging, equipping and improving various streets, roads, bridges, overpasses, alleyways, thoroughfares, sidewalks, pathways and
related municipal facilities within the City, including lane markings, signage, street, drainage, curbs, gutters, ADA accessibility, traffic
signals, lighting and landscaping related thereto and the acquisition of necessary rights-of-way and land in connection therewith; (b)
constructing, renovating, enlarging, equipping, and improving water and wastewater facilities for the City and the acquisition of
necessary rights-of-way and land in connection therewith; and (c) renovating, improving and equipping existing City buildings and
facilities for police, fire and other City departments, including HVAC system and lighting improvements, and (ii) professional services
rendered in relation to such projects and the financing thereof.
3-5
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DATED:
ORIGINAL AMOUNT:$1,139,386
PAYING AGENT:AXON ENTERPRISE, INC.
OPTION DATE:N/A
PRINCIPAL TOTAL
YEAR INTEREST December/March December/March REQUIREMENTS
2025 $226,895 $226,895
2026 $226,895 $226,895
2027 $226,895 $226,895
2028 $226,895 $226,895
TOTAL $0 $907,581 $907,581
The lease was used to finance an integrated camera and taser system along with related hardware and software for the police
department.
DESCRIPTION:AXON ENTERPRISE, INC. LEASE
June 13, 2023
INTEREST RATES:
INTEREST
3-6
DATED:
ORIGINAL AMOUNT:$11,785,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:February 15, 2028
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
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 $1,640,988 $1,445,659 $9,820,000 $12,906,647
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2019
January 15, 2019
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%
3-7
DATED:
ORIGINAL AMOUNT:$7,115,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:February 15, 2029
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
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 $665,834 $588,684 $5,995,000 $7,249,519
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2020
January 14, 2020
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%
3-8
DATED:April 8, 2021
ORIGINAL AMOUNT:$5,360,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
February 15, 2030
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
2025 1.750%$53,732 $51,719 $230,000 $335,451
2026 1.750%$51,719 $49,707 $230,000 $331,426
2027 1.700%$49,707 $47,709 $235,000 $332,416
2028 4.000%$47,709 $42,909 $240,000 $330,619
2029 4.000%$42,909 $37,909 $250,000 $330,819
2030 4.000%$37,909 $32,609 $265,000 $335,519
2031 3.000%$32,609 $28,559 $270,000 $331,169
2032 1.625%$28,559 $26,284 $280,000 $334,844
2033 1.625%$26,284 $23,969 $285,000 $335,253
2034 1.750%$23,969 $21,431 $290,000 $335,400
2035 1.750%$21,431 $18,850 $295,000 $335,281
2036 2.000%$18,850 $15,850 $300,000 $334,700
2037 2.000%$15,850 $12,800 $305,000 $333,650
2038 2.000%$12,800 $9,700 $310,000 $332,500
2039 2.000%$9,700 $6,550 $315,000 $331,250
2040 2.000%$6,550 $3,300 $325,000 $334,850
2041 2.000%$3,300 $0 $330,000 $333,300
TOTAL $483,589 $429,858 $4,755,000 $5,668,447
OPTION DATE:
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX AND WATERWORKS AND SEWER SYSTEM (LIMITED PLEDGE)
REVENUE CERTIFICATE OF OBLIGATION, SERIES 2021
INTEREST RATES:BOND YEARS 2022-2041 @ 4.000% - 1.625%
3-9
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DATED:
ORIGINAL AMOUNT:$7,660,000
PAYING AGENT:ZIONS BANC
OPTION DATE:
PRINCIPAL TOTAL
YEAR INTEREST FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
2025 2.890%$80,559 $65,386 $1,050,000 $1,195,945
2026 2.890%$65,386 $49,708 $1,085,000 $1,200,094
2027 2.890%$49,708 $33,596 $1,115,000 $1,198,304
2028 2.890%$33,596 $17,051 $1,145,000 $1,195,647
2029 2.890%$17,051 $0 $1,180,000 $1,197,051
TOTAL $246,300 $165,742 $5,575,000 $5,987,042
INTEREST
Proceeds from the sale of the Notes will be used for: (i)acquiring, designing, constructing, improving, expanding and equipping one or more
fire stations, and (ii) the costs of professional services rendered in connection with the financing thereof.
DESCRIPTION:TAX NOTES, SERIES 2022
September 20, 2022
INTEREST RATES:2.89%
N/A
3-10
DATED:September 7, 2023
ORIGINAL AMOUNT:$20,620,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
February 15, 2034
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
2025 4.000%$475,375 $449,275 $1,305,000 $2,229,650
2026 5.000%$449,275 $417,775 $1,260,000 $2,127,050
2027 5.000%$417,775 $387,275 $1,220,000 $2,025,050
2028 5.000%$387,275 $358,900 $1,135,000 $1,881,175
2029 5.000%$358,900 $329,025 $1,195,000 $1,882,925
2030 5.000%$329,025 $297,650 $1,255,000 $1,881,675
2031 5.000%$297,650 $264,650 $1,320,000 $1,882,300
2032 5.000%$264,650 $229,900 $1,390,000 $1,884,550
2033 5.000%$229,900 $193,400 $1,460,000 $1,883,300
2034 5.000%$193,400 $155,025 $1,535,000 $1,883,425
2035 5.000%$155,025 $114,775 $1,610,000 $1,879,800
2036 5.000%$114,775 $72,400 $1,695,000 $1,882,175
2037 4.000%$72,400 $36,900 $1,775,000 $1,884,300
2038 4.000%$36,900 $0 $1,845,000 $1,881,900
TOTAL $3,782,325 $3,306,950 $20,000,000 $27,089,275
OPTION DATE:
INTEREST
Proceeds from the sale of the Certificates will be used for (i)construction of public works,to wit:designing constructing, renovating,
improving, and equipping the City Police and Courts Building and,(ii)professional services rendered in relation to such projects and
the financing thereof.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX AND WATERWORKS AND SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2023
INTEREST RATES:BOND YEARS 2024-2038 @ 4.000% - 5.000%
3-11
U.S. BANK, DALLAS, TX
84525
YEAR INTEREST PRINCIPAL REQUIREMENTS
2025 $696,957 $1,429,681 $2,126,638
2026 $650,371 $1,475,856 $2,126,227
2027 $602,197 $1,529,090 $2,131,287
2028 $551,954 $1,580,266 $2,132,220
2029 $500,091 $1,633,500 $2,133,591
2030 $447,201 $1,684,675 $2,131,876
2031 $393,496 $1,500,851 $1,894,347
2032 $347,924 $1,547,026 $1,894,950
2033 $300,582 $1,595,260 $1,895,842
2034 $251,604 $1,646,436 $1,898,040
2035 $200,670 $1,269,670 $1,470,340
2036 $164,662 $1,077,904 $1,242,566
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 $5,488,390 $22,175,215 $27,663,605
TIRZ - Tax Increment Reinvestment Zone
PID - Public Improvement District
TIRZ/PID-Supported General Obligation Debt
Composition of Debt Service
DEBT SERVICE REQUIREMENTS
SUMMARY OF TIRZ/PID-SUPPORTED GENERAL OBLIGATION DEBT
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
2025 2027 2029 2031 2033 2035 2037 2039 2041
Fiscal Year
Interest Principal
3-12
DATED:January 15, 2011
ORIGINAL AMOUNT:$180,130
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
August 15, 2021
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS
2025 4.000%$1,450 $1,450 $10,000 $12,900
2026 4.000%$1,250 $1,250 $10,000 $12,500
2027 4.125%$1,050 $1,050 $10,000 $12,100
2028 4.125%$844 $844 $10,000 $11,688
2029 4.250%$638 $638 $15,000 $16,275
2030 4.250%$319 $319 $15,000 $15,638
TOTAL $5,550 $5,550 $70,000 $81,100
OPTION DATE:
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2011
INTEREST RATES:BOND YEARS 2011-2018 @ 3.000%, 2019-2026 @ 4.000%, 2027-2028 @ 4.125%,
2029-2030 @ 4.250%
3-13
DATED:January 15, 2011
ORIGINAL AMOUNT:$2,854,870
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
August 15, 2021
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS
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 $88,659 $88,659 $1,175,000 $1,352,319
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2011 (GLADE PARKS)
INTEREST RATES:BOND YEARS 2011-2018 @3.000%, 2019-2026 @ 4.000%, 2027-2028@ 4.125%,
2029-2030 @4.250%
OPTION DATE:
INTEREST
3-14
DATED:October 15, 2014
ORIGINAL AMOUNT:$5,715,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
August 15, 2024
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS
2025 3.000%$54,375 $54,375 $315,000 $423,750
2026 3.000%$49,650 $49,650 $325,000 $424,300
2027 3.000%$44,775 $44,775 $335,000 $424,550
2028 3.000%$39,750 $39,750 $345,000 $424,500
2029 3.000%$34,575 $34,575 $355,000 $424,150
2030 3.000%$29,250 $29,250 $365,000 $423,500
2031 3.000%$23,775 $23,775 $380,000 $427,550
2032 3.000%$18,075 $18,075 $390,000 $426,150
2033 3.000%$12,225 $12,225 $400,000 $424,450
2034 3.000%$6,225 $6,225 $415,000 $427,450
TOTAL $312,675 $312,675 $3,625,000 $4,250,350
OPTION DATE:
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE)
REVENUE CERTIFICATES OF OBLIGATION, SERIES 2014 (GLADE
PARKS)
INTEREST RATES:BOND YEARS 2017-2023 @5.000%, 2024-2034 @ 3.000%
3-15
DATED:October 27, 2015
ORIGINAL AMOUNT:$3,030,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
February 15, 2026
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
2025 3.000%$32,625 $30,225 $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 $210,519 $177,894 $2,095,000 $2,483,413
OPTION DATE:
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE)
REVENUE CERTIFICATES OF OBLIGATION, SERIES 2015 (GLADE
PARKS PHASE 3)
INTEREST RATES:BOND YEARS 2016-2035 @3.000% - 5.000%
3-16
DATED:January 12, 2016
ORIGINAL AMOUNT:$16,450,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
August 15, 2026
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS
2025 3.000%$196,306 $196,306 $605,000 $997,613
2026 3.000%$187,231 $187,231 $620,000 $994,463
2027 3.000%$177,931 $177,931 $640,000 $995,863
2028 3.000%$168,331 $168,331 $660,000 $996,663
2029 3.000%$158,431 $158,431 $680,000 $996,863
2030 3.000%$148,231 $148,231 $700,000 $996,463
2031 3.000%$137,731 $137,731 $720,000 $995,463
2032 3.000%$126,931 $126,931 $745,000 $998,863
2033 3.000%$115,756 $115,756 $765,000 $996,513
2034 3.000%$104,281 $104,281 $790,000 $998,563
2035 3.000%$92,431 $92,431 $810,000 $994,863
2036 3.125%$80,281 $80,281 $835,000 $995,563
2037 3.125%$67,234 $67,234 $865,000 $999,469
2038 3.125%$53,719 $53,719 $890,000 $997,438
2039 3.250%$39,813 $39,813 $920,000 $999,625
2040 3.250%$24,863 $24,863 $950,000 $999,725
2041*3.250%$9,425 $0 $580,000 $589,425
TOTAL $1,888,928 $1,879,503 $12,775,000 $16,543,431
* In 2041, Principal payment and final maturity is February 15, 2041.
OPTION DATE:
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:
TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE)
REVENUE CERTIFICATES OF OBLIGATION, SERIES 2016
(MIDTOWN DEVELOPMENT)
INTEREST RATES:BOND YEARS 2016-2041 @2.000% - 4.000%
3-17
DATED:March 1, 2018
ORIGINAL AMOUNT: $9,180,000
PAYING AGENT: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
February 15, 2028
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
2025 4.000% $42,297 $39,004 $164,681 $245,982
2026 4.000% $39,004 $35,586 $170,856 $245,446
2027 4.000% $35,586 $32,005 $179,090 $246,681
2028 4.000% $32,005 $28,299 $185,266 $245,570
2029 4.000% $28,299 $24,429 $193,500 $246,228
2030 3.000% $24,429 $21,434 $199,675 $245,538
2031 3.000% $21,434 $18,346 $205,851 $245,631
2032 3.125% $18,346 $15,034 $212,026 $245,406
2033 3.125% $15,034 $11,592 $220,260 $246,886
2034 3.250% $11,592 $7,912 $226,436 $245,940
2035 3.250% $7,912 $4,099 $234,670 $246,681
2036 3.375% $4,099 $0 $242,904 $247,003
TOTAL $280,037 $237,740 $2,435,215 $2,952,992
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%
A portion of this debt is being paid from Tax-Supported General Obligation Debt as is reflected on that summary and section. This
is the portion of the debt paid by TIRZ\PID sources.
INTEREST
OPTION DATE:
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAX & WATERWORKS & SEWER SYSTEM (LIMITED PLEDGE) REVENUE
CERTIFICATES OF OBLIGATION, SERIES 2018
INTEREST RATES:
3-18
YEAR INTEREST PRINCIPAL REQUIREMENTS
2025 $30,140 $685,000 $715,140
TOTAL $30,140 $685,000 $715,140
G.O. - General Obligation
Taxable (Self Supporting) G.O. Debt
Composition of Debt Service
DEBT SERVICE REQUIREMENTS
SUMMARY OF TAXABLE (SELF SUPPORTING) G.O. DEBT
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
2025
Fiscal Year
Interest Principal
3-19
DATED:AUGUST 15, 2010
ORIGINAL AMOUNT:$8,110,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
August 1, 2021
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 1 AUGUST 1 AUGUST 1 REQUIREMENTS
2025 4.400%$15,070 $15,070 $685,000 $715,140
TOTAL $15,070 $15,070 $685,000 $715,140
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:TAXABLE GENERAL OBLIGATION REFUNDING BONDS SERIES 2010
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.
INTEREST RATES:2011 - 2025, RATES VARY FROM .680% TO 4.400%
OPTION DATE:
INTEREST
3-20
YEAR INTEREST PRINCIPAL REQUIREMENTS
2025 $36,072 $555,000 $591,072
2026 $22,419 $565,000 $587,419
2027 $7,678 $585,000 $592,678
TOTAL $66,169 $1,705,000 $1,771,169
G.O. - General Obligation
C.O. - Certificates of Obligation
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.
Golf G.O. Refunding Debt
Composition of Debt Service
DEBT SERVICE REQUIREMENTS
SUMMARY OF GOLF G.O. REFUNDING DEBT
$0
$200,000
$400,000
$600,000
$800,000
2025 2027
Fiscal Year
PRINCIPAL INTEREST
3-21
DATED:November 1, 2012
ORIGINAL AMOUNT:$7,185,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
FEBRUARY 15, 2022
PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
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 $43,750 $22,419 $1,705,000 $1,771,169
AVERAGE ANNUAL DEBT OUTSTANDING $590,390
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION: GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012A-GOLF
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.
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%
OPTION DATE:
INTEREST
3-22
YEAR INTEREST PRINCIPAL REQUIREMENTS
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 $2,472,471 $14,910,000 $17,382,471
AVERAGE ANNUAL PRINCIPAL AND INTEREST OUTSTANDING $695,299
DEBT SERVICE REQUIREMENTS
SUMMARY OF WATER AND WASTEWATER SYSTEM REVENUE DEBT
Water & Wastewater Revenue Debt
Composition of Debt Service
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
$1,100,000
$1,200,000
2025 2028 2031 2034 2037 2040 2043 2046 2049
Fiscal Year
PRINCIPAL INTEREST
3-23
DESCRIPTION:
DATED:June 25, 2013
ORIGINAL AMOUNT:$1,585,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:July 25, 2023
PRINCIPAL TOTAL
YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS
2025 4.000%$20,025 $20,025 $80,000 $120,050
2026 4.000%$18,425 $18,425 $80,000 $116,850
2027 4.500%$16,825 $16,825 $85,000 $118,650
2028 4.500%$14,913 $14,913 $90,000 $119,825
2029 4.500%$12,888 $12,888 $95,000 $120,775
2030 5.000%$10,750 $10,750 $100,000 $121,500
2031 5.000%$8,250 $8,250 $105,000 $121,500
2032 5.000%$5,625 $5,625 $110,000 $121,250
2033 5.000%$2,875 $2,875 $115,000 $120,750
TOTAL $110,575 $110,575 $860,000 $1,081,150
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2013
INTEREST RATES:BOND YEAR 2012-2033 @ 2.00% - 5.00%
INTEREST
3-24
DESCRIPTION:
DATED:June 15, 2015
ORIGINAL AMOUNT:$4,685,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:N/A
PRINCIPAL TOTAL
YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS
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 $151,101 $151,101 $2,700,000 $3,002,203
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2015A (Meters)
INTEREST RATES:BOND YEARS 2019-2035 @ 0% - 1.98%
INTEREST
3-25
DESCRIPTION:
DATED:June 15, 2015
ORIGINAL AMOUNT:$2,380,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:N/A
PRINCIPAL TOTAL
YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS
2025 0.950%$9,957 $9,957 $120,000 $139,914
2026 1.090%$9,387 $9,387 $120,000 $138,774
2027 1.200%$8,733 $8,733 $125,000 $142,466
2028 1.290%$7,983 $7,983 $125,000 $140,966
2029 1.370%$7,177 $7,177 $125,000 $139,353
2030 1.440%$6,320 $6,320 $130,000 $142,641
2031 1.500%$5,384 $5,384 $130,000 $140,769
2032 1.550%$4,409 $4,409 $135,000 $143,819
2033 1.600%$3,363 $3,363 $135,000 $141,726
2034 1.640%$2,283 $2,283 $135,000 $139,566
2035 1.680%$1,176 $1,176 $140,000 $142,352
TOTAL $66,171 $66,171 $1,420,000 $1,552,343
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2015B (Reclaimed Water System)
INTEREST RATES:BOND YEARS 2020-2035 @ 0% -1.68%
INTEREST
3-26
DESCRIPTION:
DATED:4/12/2018
ORIGINAL AMOUNT:$2,785,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:N/A
PRINCIPAL TOTAL
YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS
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 $102,461 $102,461 $2,005,000 $2,209,922
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2018
INTEREST RATES:BOND YEARS 2018-2038 @ 0% -1.49%
INTEREST
3-27
DESCRIPTION:
DATED:April 25, 2019
ORIGINAL AMOUNT:$9,275,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:N/A
PRINCIPAL TOTAL
YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS
2025 0.500%$51,778 $51,778 $280,000 $383,555
2026 0.560%$51,078 $51,078 $280,000 $382,155
2027 0.640%$50,294 $50,294 $280,000 $380,587
2028 0.720%$49,398 $49,398 $285,000 $383,795
2029 0.830%$48,372 $48,372 $285,000 $381,743
2030 0.960%$47,189 $47,189 $285,000 $379,378
2031 1.060%$45,821 $45,821 $290,000 $381,642
2032 1.140%$44,284 $44,284 $295,000 $383,568
2033 1.200%$42,602 $42,602 $295,000 $380,205
2034 1.240%$40,832 $40,832 $300,000 $381,665
2035 1.290%$38,972 $38,972 $305,000 $382,945
2036 1.340%$37,005 $37,005 $310,000 $384,010
2037 1.400%$34,928 $34,928 $310,000 $379,856
2038 1.450%$32,758 $32,758 $315,000 $380,516
2039 1.490%$30,474 $30,474 $320,000 $380,949
2040 1.530%$28,090 $28,090 $325,000 $381,181
2041 1.560%$25,604 $25,604 $330,000 $381,208
2042 1.580%$23,030 $23,030 $335,000 $381,060
2043 1.600%$20,384 $20,384 $340,000 $380,767
2044 1.610%$17,664 $17,664 $345,000 $380,327
2045 1.620%$14,886 $14,886 $350,000 $379,773
2046 1.630%$12,051 $12,051 $355,000 $379,103
2047 1.640%$9,158 $9,158 $365,000 $383,316
2048 1.650%$6,165 $6,165 $370,000 $382,330
2049 1.660%$3,113 $3,113 $375,000 $381,225
TOTAL $805,927 $805,927 $7,925,000 $9,536,854
Proceeds from the sale of the Bonds will provide funds for Capital Improvement Project WT1802
Well Replacement - Fuller / Far North.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2019
INTEREST RATES:BOND YEARS 2020-2049 @ 0.23% -1.66%
INTEREST
3-28
TOTAL
YEAR INTEREST PRINCIPAL REQUIREMENTS
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 $1,272,825 $4,570,000 $5,842,825
MAXIMUM ANNUAL DEBT SERVICE (RESERVE)$401,075
AVERAGE ANNUAL DEBT OUTSTANDING $389,522
Sales Tax Revenue Debt
Composition of Debt Service
SUMMARY OF SALES TAX REVENUE DEBT
DEBT SERVICE REQUIREMENTS
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039
Fiscal Year
PRINCIPAL INTEREST
3-29
DATED:10/15/18
ORIGINAL AMOUNT:$1,635,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:9/15/2028
PRINCIPAL TOTAL
YEAR COUPON MARCH 15 SEPTEMBER 15 SEPTEMBER 15 REQUIREMENTS
2025 3.00%$24,650 $24,650 $70,000 $119,300
2026 4.00%$23,600 $23,600 $70,000 $117,200
2027 4.00%$22,200 $22,200 $75,000 $119,400
2028 4.00%$20,700 $20,700 $75,000 $116,400
2029 4.00%$19,200 $19,200 $80,000 $118,400
2030 4.00%$17,600 $17,600 $85,000 $120,200
2031 4.00%$15,900 $15,900 $85,000 $116,800
2032 4.00%$14,200 $14,200 $90,000 $118,400
2033 4.00%$12,400 $12,400 $95,000 $119,800
2034 4.00%$10,500 $10,500 $95,000 $116,000
2035 4.00%$8,600 $8,600 $100,000 $117,200
2036 4.00%$6,600 $6,600 $105,000 $118,200
2037 4.00%$4,500 $4,500 $110,000 $119,000
2038 4.00%$2,300 $2,300 $115,000 $119,600
TOTAL $202,950 $202,950 $1,250,000 $1,655,900
INTEREST
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
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:EULESS DEVELOPMENT CORPORATION, SALES TAX REVENUE BONDS,
SERIES 2018
INTEREST RATE:YEARS 2020-2025 @ 3.00%, YEARS 2026-2038 @ 4.00%
3-30
DATED:12/12/19
ORIGINAL AMOUNT:$4,120,000
PAYING AGENT:U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE:9/15/2030
PRINCIPAL TOTAL
YEAR COUPON MARCH 15 SEPTEMBER 15 SEPTEMBER 15 REQUIREMENTS
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 $433,463 $433,463 $3,320,000 $4,186,925
INTEREST
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.
CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION:EULESS DEVELOPMENT CORPORATION, SALES TAX REVENUE BONDS,
SERIES 2019
INTEREST RATE:YEARS 2020-2029 @ 4.00%, 2030 @ 3.00%, YEARS 2031-2032 @2.5%,
YEARS 2033-2039 @ 3.00%
3-31
PERSONNEL & INSURANCE
Personnel Counts
Personnel Counts by Fund
Proposed Pay Plan
Proposed Insurance Premiums
Insurance & Benefits
Risk & Workers Compensation
FY 22/23 FY 23/24 FY 23/24 FY 24/25
ACTUAL BUDGETED ESTIMATED BUDGETED
CITY ADMINISTRATION 3.50 3.50 3.50 3.50
CITY SECRETARY 3.50 3.50 3.50 3.50
Total City Administration 7.00 7.00 7.00 7.00
FINANCE/BUDGET 2.50 2.50 2.50 2.50
MUNICIPAL COURTS 7.75 7.75 7.75 7.75
ACCOUNTING 3.50 3.50 3.50 3.50
PURCHASING 1.00 1.00 1.00 1.00
Total Finance 14.75 14.75 14.75 14.75
POLICE CODE COMP/COMM SVRS 16.00 A,E 18.00 18.00 18.00
POLICE ADMINISTRATION 7.00 7.00 7.00 7.00
POLICE PATROL 48.00 A,B 44.00 44.00 44.00
POLICE CID 16.00 A 19.00 19.00 19.00
POLICE SERVICE 22.50 A 21.50 21.50 21.50
POLICE DETENTION 13.50 F,J 18.50 18.50 18.50
Total Police Department 123.00 128.00 128.00 128.00
FIRE MARSHAL/EDUCATION 4.00 4.00 4.00 4.00
FIRE ADMINISTRATION 4.00 4.00 4.00 4.00
EMS/SUPPRESSION 70.00 70.00 70.00 70.00
Total Fire Department 78.00 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 3.50 C 2.50 2.50 2.50
INSPECTIONS SERVICES 4.00 C 5.00 5.00 5.00
Total Planning & Development 7.50 7.50 7.50 7.50
RECREATION 5.50 D 5.25 5.25 5.25
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 19.25 19.25 19.25
STREET MAINTENANCE 13.50 13.50 13.50 13.50
ANIMAL SERVICES 4.00 H 5.00 5.00 5.00
CITY ENGINEER 1.00 I 2.00 2.00 2.00
Total Public Works 18.50 20.50 20.50 20.50
TOTAL GENERAL FUND 285.75 292.50 292.50 292.50
EDC - PARKS 14.25 14.25 14.25 K 15.25
EDC - LIBRARY 10.00 10.00 10.00 10.00
EDC - ECO. DEV.1.00 1.00 1.00 1.00
TOTAL EDC FUND 25.25 25.25 25.25 26.25
WATER OFFICE 5.00 5.00 5.00 5.00
Total Finance 5.00 5.00 5.00 5.00
W&S ENGINEERING 3.00 3.00 3.00 3.00
WATER PRODUCTION 5.75 5.75 5.75 5.75
WATER DISTRIBUTION 8.25 8.25 8.25 K 9.25
SEWAGE & TREATMENT 8.00 8.00 8.00 8.00
METER SERVICES 1.00 1.00 1.00 1.00
Total Public Works 26.00 26.00 26.00 27.00
INFORMATION SERVICES 4.00 4.00 4.00 4.00
W&S NON-DEPT.10.00 10.00 10.00 10.00
Total Non-departmental 14.00 14.00 14.00 14.00
TOTAL W&S FUND 45.00 45.00 45.00 46.00
GOLF NON DEPARTMENTAL 0.75 0.75 0.75 L 1.50
GOLF COURSE MAINT.4.00 4.00 4.00 4.00
GOLF PRO SHOP 2.50 2.50 2.50 L 2.00
GOLF FOOD AND BEVERAGE 3.00 3.00 3.00 3.00
GOLF CONFERENCE CENTRE 1.50 D,G 2.75 2.75 L 2.50
TOTAL GOLF COURSE FUND 11.75 13.00 13.00 13.00
JUVENILE CASE FUND 0.25 0.25 0.25 0.25
CRIME CONTROL FUND 19.00 B 20.00 20.00 20.00
ELEMETARY SRO FUND 0.00 0.00 0.00 M 1.00
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 35.25 36.25 36.25 37.25
TOTAL ALL FUNDS 403.00 412.00 412.00 415.00
A) Moved Officers within Police division in General Fund H) Added FT Animal Control Officer
B) Transferred 1 Police Officer from General Fund to CCPD I) Added FT Inspector
C) Moved Secretary within Planning division in General Fund J) Added 4 Hurst Public Service Officers
D) Moved .25 TX Star Gen Mgr from General Fund to Golf Fund K) Added FT W/WW Field Tech I & EDC Parks Field Tech I
E) Added Additional SRO to General Fund L) Converted contract labor employee to City position
F) Added FT Public Service Officer M) Added FT Seargent for new Elem SRO fund
G) Added FT Conference Center Assistant Manager
Full-Time Personnel Counts
4-1
PERSONNEL COUNTS BY FUND
FULL-TIME EMPLOYEES
FY23
ACTUAL
FY24
BUDGETED
FY24
ESTIMATED
FY25
FUNDED
285.75 292.50 292.50 292.50
25.25 25.25 25.25 26.25
45.00 45.00 45.00 46.00
11.75 13.00 13.00 13.00
JUVENILE CASE FUND 0.25 0.25 0.25 0.25
ELEMENTARY SRO FUND 0.00 0.00 0.00 1.00
19.00 20.00 20.00 20.00
5.00 5.00 5.00 5.00
8.00 8.00 8.00 8.00
1.50 1.50 1.50 1.50
1.00 1.00 1.00 1.00
0.50 0.50 0.50 0.50
TOTAL 403.00 412.00 412.00 415.00
PART-TIME EMPLOYEES
47.00 48.00 48.00 48.00
17.00 17.00 17.00 17.00
ELEMENTARY SRO FUND 0.00 0.00 0.00 32.00
2.00 2.00 2.00 2.00
57.00 57.00 57.00 57.00
3.00 3.00 3.00 3.00
26.00 26.00 26.00 26.00
TOTAL 152.00 153.00 153.00 185.00
PARKS AT TEXAS STAR
SPECIAL RECREATION FUND
WATER & WW FUND
GOLF COURSE FUND
WC/RISK MANAGEMENT FUND
GENERAL FUND
EDC FUND
HEALTH INSURANCE FUND
PARKS AT TEXAS STAR
CRIME CONTROL DISTRICT
DRAINAGE UTILITY
GENERAL FUND
WATER & WW FUND
GOLF COURSE FUND
EDC FUND
SERVICE CENTER FUND
4-2
H.T.E. STEP 1 2 3 4 5 6
Grade
Job
Code FLSA Job Title Start Pay EOY 1 EOY 2 EOY 3 EOY 4 Merit Top
510.00 20.00 N PSO $4,397 $4,617 $4,847 $5,090 $5,343 $5,610
$52,763 $55,402 $58,159 $61,082 $64,122 $67,326
25.3668 26.6356 27.9613 29.3661 30.8276 32.3683
520.00 21.00 N Dispatcher $5,027 $5,279 $5,542 $5,819 $6,111 $6,416
21.01 N Crime Scene Technician $60,327 $63,344 $66,501 $69,824 $73,336 $76,988
N Fire Inspector I 29.0036 30.4538 31.9718 33.5695 35.2575 37.0135
730.00 22.00 N Fire Fighter $6,141 $6,447 $6,771 $7,109 $7,466 $7,837
$73,689 $77,366 $81,253 $85,307 $89,595 $94,050
25.2360 26.4951 27.8265 29.2146 30.6833 32.2089
740.00 22.01 N Fire Fighter/Paramedic $6,365 $6,672 $7,039 $7,377 $7,821 $8,192
$76,385 $80,062 $84,468 $88,521 $93,847 $98,301
26.1593 27.4183 28.9273 30.3154 32.1393 33.6648
550.00 23.00 N Communications Supervisor $5,791 $6,082 $6,384 $6,704 $7,040 $7,392
N Jail Supervisor $69,494 $72,982 $76,611 $80,452 $84,482 $88,700
33.4108 35.0875 36.8323 38.6790 40.6164 42.6444
565.00 24.00 N Police Officer $6,325 $6,626 $6,942 $7,272 $7,621 $7,985
24.03 N Fire Inspector II $75,904 $79,510 $83,304 $87,263 $91,458 $95,817
36.4924 38.2259 40.0498 41.9534 43.9700 46.0658
770.00 24.02 N Firefighter II/Paramedic $6,550 $6,850 $7,210 $7,540 $7,976 $8,339
$78,600 $82,206 $86,518 $90,477 $95,709 $100,068
26.9180 28.1527 29.6295 30.9854 32.7770 34.2700
585.00 24.99 N Police Corporal $6,753 $7,054 $7,370 $7,700 $8,050 $8,413
25.00 N Senior Police Officer $81,041 $84,647 $88,441 $92,400 $96,595 $100,954
38.9622 40.6956 42.5199 44.4230 46.4398 48.5357
590.00 26.01 N Fire Inspector III $6,833 $7,133 $7,449 $7,779 $8,129 $8,492
$81,992 $85,597 $89,391 $93,349 $97,545 $101,903
39.4193 41.1523 42.9764 44.8795 46.8966 48.9919
790.00 25.02 N Fire Fighter/Driver/Paramedic $7,057 $7,358 $7,717 $8,047 $8,483 $8,846
$84,687 $88,293 $92,605 $96,564 $101,796 $106,155
29.0025 30.2373 31.7139 33.0698 34.8615 36.3546
595.00 25.03 N Senior Police Corporal $7,323 $7,661 $8,015 $8,385 $8,735 $9,138
$87,879 $91,937 $96,182 $100,623 $104,817 $109,657
42.2495 44.2004 46.2414 48.3766 50.3929 52.7197
PROPOSED PUBLIC SAFETY PAY PLAN
FIRE EFFECTIVE 09-26-2024
POLICE EFFECTIVE 09-19-2024
4-3
H.T.E. STEP 1 2 3 4 5 6
Grade
Job
Code FLSA Job Title Start Pay EOY 1 EOY 2 EOY 3 EOY 4 Merit Top
605.00 26.00 N Police Sergeant $8,296 $9,858
610.00 27.00 N Public Education Officer $99,557 $118,291
610.00 27.04 N Elem School Resource Office Mgr 47.8640 56.8709
820.00 26.03 N Fire Lieutenant/Paramedic $8,521 $10,212
$102,253 $122,543
35.0181 41.9668
630.00 26.04 N Assistant Fire Marshal $8,521 $10,212
$102,252 $122,542
49.1597 58.9147
840.00 27.02 N Fire Captain/Paramedic $8,835 $10,750
$106,024 $129,004
36.3096 44.1795
650.00 128.00 E Police Lieutenant $9,440 $11,067
128.01 E Technical Services Manager $113,283 $132,810
128.02 E Civilian Service Manager 54.4629 63.8509
26.05 E Emergency Mgmt. Coordinator
670.00 127.04 E Battalion Chief/EMS Coordinator $9,802 $11,391
$117,625 $136,690
56.5503 65.7163
870.00 29.01 N Battalion Chief/Paramedic $9,802 $11,391
$117,625 $136,690
40.2824 46.8116
PROPOSED PUBLIC SAFETY PAY PLAN
FIRE EFFECTIVE 09-26-2024
POLICE EFFECTIVE 09-19-2024
4-4
GRADE
Job
Code FLSA Job Title Min Mid Max
200 35.01 N Firefighter Trainee $2,729 $2,729 $2,729
$32,742 $32,742 $32,742
15.7414 15.7414 15.7414
210 36.03 N Library Aide $2,677 $3,379 $4,081
$32,119 $40,543 $48,967
15.4418 19.4919 23.5419
220 37.07 N Animal Service Attendant $2,865 $3,611 $4,357
$34,383 $43,332 $52,281
16.5303 20.8328 25.1352
230 37.01 N Parks Field Tech I $3,023 $3,785 $4,547
37.02 N Facility Tech I $36,277 $45,418 $54,559
37.05 N Public Works Field Tech I 17.4410 21.8357 26.2304
240 38.01 N Police Records Clerk $3,182 $4,007 $4,831
38.03 N Utility Billing Clerk $38,189 $48,081 $57,974
39.00 N Parks Field Tech II 18.3600 23.1160 27.8719
39.01 N Animal Service Officer I
39.04 N Administrative Receptionist
39.05 N Facility Tech II
39.06 N Public Works Field Tech II
39.11 N Golf Course Field Tech II
39.12 N Asst. F& B Mgr.
39.13 N Asst. Conference Center Mgr.
250 39.08 N Court Clerk $3,342 $4,181 $5,021
40.01 N Animal Service Officer II $40,100 $50,177 $60,253
40.04 N Office Tech 19.2790 24.1234 28.9678
40.05 N Mechanic I
40.07 N Secretary
42.02 N Recreation Assistant
260 N OPEN $3,389 $4,263 $5,136
$40,673 $51,154 $61,636
19.5542 24.5935 29.6327
270 39.10 N Juvenile Case Clerk $3,661 $4,623 $5,586
42.07 N HR Specialist - Recruiter $43,926 $55,478 $67,029
42.08 N Special Projects Assistant 21.1185 26.6721 32.2256
280 41.01 N Administrative Secretary $3,820 $4,846 $5,872
43.01 N Administrative Assistant $45,838 $58,153 $70,469
43.02 N Librarian Assistant 22.0377 27.9584 33.8791
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
PROPOSED NON-EXEMPT PAY PLAN
EFFECTIVE 09-19-2024
Hourly, Monthly and Annual Pay Scales
4-5
GRADE
Job
Code FLSA Job Title Min Mid Max
280 43.11 N Public Works Field Tech III
43.13 N Signal Technician I
43.14 N Payroll Specialist
43.15 N Utility Billing Specialist
290 43.09 N Executive Secretary $4,219 $5,321 $6,423
45.00 N Inspector I $50,622 $63,850 $77,078
45.01 N Mechanic III 24.3376 30.6971 37.0566
45.04 N Crew Leader
48.04 N Signal Tech II
300 46.04 N Police Services Supervisor $4,376 $5,551 $6,726
46.08 N Computer Support Specialist $52,513 $66,613 $80,713
46.09 N Chief Mechanic 25.2468 32.0255 38.8043
46.10 N Municipal Court Supervisor
46.11 N Signal Tech III
310 47.01 N Water Quality Specialist $4,470 $5,628 $6,786
$53,639 $67,536 $81,432
25.7879 32.4691 39.1502
320 48.01 N Foreman $4,854 $6,121 $7,388
48.02 N Inspector II $58,251 $73,454 $88,658
48.05 N Eng./PW Technical Specialist 28.0053 35.3146 42.6239
49.00 N Bailiff/Warrant Officer
330 N OPEN $5,092 $6,428 $7,765
$61,099 $77,142 $93,184
29.3747 37.0873 44.7998
340 48.03 N Computer Support Spec II $5,331 $6,739 $8,147
50.02 N Inspector III $63,968 $80,865 $97,763
50.03 N Engineer Technician 30.7540 38.8776 47.0013
350 51.02 N Senior Inspector $5,570 $7,047 $8,524
$66,837 $84,565 $102,293
32.1332 40.6562 49.1791
360 52.00 N Inspection Services Supervisor $5,847 $7,377 $8,908
$70,163 $88,527 $106,892
33.7321 42.5612 51.3903
PROPOSED NON-EXEMPT PAY PLAN
EFFECTIVE 09-19-2024
Hourly, Monthly and Annual Pay Scales
4-6
GRADE
Job
Code FLSA Job Title Min Mid Max
295 143.04 E Asst. Golf Superintendent $4,185 $5,274 $6,363
143.11 E First Asst. Golf Pro $50,219 $63,289 $76,359
24.1440 30.4275 36.7110
305 146.11 E Seniors Coordinator $4,334 $5,498 $6,662
146.12 E Recreation Specialist-Aquatics $52,012 $65,979 $79,945
146.13 E Recreation Specialist - Programs 25.0058 31.7205 38.4353
146.14 E Athletic Coordinator
146.15 E Recreation Specialist-Analyst
146.16 E Special Events Coordinator
146.18 E Human Resources Generalist I
315 E OPEN $4,572 $5,756 $6,941
$54,860 $69,073 $83,286
26.3751 33.2083 40.0416
325 145.03 E Accountant I $4,807 $6,063 $7,318
146.10 E Recreation Center Supervisor $57,688 $72,752 $87,816
148.00 E Librarian 27.7347 34.9770 42.2194
148.02 E Library Services Supervisor
149.09 E Senior Center Supervisor
149.10 E Aquatics Supervisor
335 152.01 E Recreation Superintendent $5,045 $6,369 $7,693
143.16 E Conference Centre Manager $60,537 $76,427 $92,318
149.01 E Human Resources Generalist II 29.1041 36.7438 44.3835
149.02 E Food and Beverage Manager
149.03 E Kitchen Manager/Chef
149.08 E Facilities Supervisor
150.06 E Assistant to the City Secretary
154.02 E Park Superintendent
154.20 E Aquatics/Senior Superintendent
345 150.03 E Senior Librarian $5,280 $6,674 $8,069
$63,364 $80,094 $96,823
30.4636 38.5066 46.5496
355 149.04 E Deputy City Secretary $5,518 $6,981 $8,444
150.00 E Accountant II $66,213 $83,768 $101,324
154.20 E IT Systems Analyst 31.8331 40.2733 48.7136
365 E OPEN $5,791 $7,307 $8,823
$69,497 $87,688 $105,879
33.4121 42.1577 50.9033
375 145.07 E Internal Auditor $6,081 $7,673 $9,264
153.00 E GIS Manager $72,970 $92,071 $111,173
153.08 E Network & Systems Manager 35.0817 44.2651 53.4484
PROPOSED EXEMPT PAY PLAN
EFFECTIVE 09-19-2024
Hourly, Monthly and Annual Pay Scales
4-7
GRADE
Job
Code FLSA Job Title Min Mid Max
PROPOSED EXEMPT PAY PLAN
EFFECTIVE 09-19-2024
Hourly, Monthly and Annual Pay Scales
385 149.09 E Communications/Mktg Manager $6,386 $8,057 $9,728
150.07 E Budget/Treasury Manager $76,628 $96,684 $116,740
154.08 E Accounting Manager 36.8405 46.4827 56.1250
151.01 E Purchasing Manager
154.03 E SBW/PATS General Manager
154.11 E Billing Manager
154.13 E Recreation Manager
154.14 E Parks Manager
154.16 E Senior City Planner
154.18 E Risk Manager
154.19 E Public Works Manager
154.21 E Human Resources Manager
405 155.01 E Civil Engineer $7,041 $8,883 $10,726
$84,487 $106,601 $128,716
40.6187 51.2507 61.8827
410 156.01 E Senior Computer Developer $7,216 $9,105 $10,994
$86,597 $109,265 $131,933
41.6330 52.5311 63.4292
415 157.04 E Senior Civil Engineer $7,392 $9,327 $11,262
157.08 E Financial Services Manager $88,705 $111,927 $135,150
154.12 E Building Official 42.6465 53.8112 64.9758
4-8
Grade
Job
Code FLSA Job Title MIN MID MAX
219 N Clerk I 10.00$ 11.50$ 13.00$
260 N Building Attendant (Fitness / Childcare)
206 E Summer Camp Leader
220 E Pool Attendant 11.00$ 12.50$ 14.00$
175 N Concession Attendant
110 267 N Front Desk Attendant 11.50$ 13.00$ 14.50$
262 N Lifeguard Indoor 12.00$ 13.50$ 15.00$
248 E Summer Camp Assistant Director
244 E Assistant Track Coach
225 E Summer Camp Coordinator
264 N Water Safety Instructor (WSI)12.50$ 14.00$ 15.50$
204 E Lifeguard Outdoor
208 E Pool Assistant Manager 13.25$ 14.50$ 16.00$
130 202 N School Crossing Guard 13.69$ 15.00$ 16.75$
245 N Manager on Duty (PATS)14.00$ 15.50$ 17.00$
261 N Pool Manager - Indoor
245 N Manager on Duty (Rec)
249 E Summer Camp Director
140 221 E Pool Manager - Outdoor 14.25$ 15.75$ 17.25$
250 N Senior Citizen Bus Driver 15.00$ 16.50$ 18.00$
243 E Head Track Coach
224 N Admin Intern I
150 205 N Library Aide 15.44$ 17.00$ 17.50$
227 N Courtroom Security Officer 16.05$ 17.50$ 19.00$
270 N Pool Tech
254 N Facility Tech I
218 N Field Tech I
115
120
125
135
145
155
PROPOSED PART/TIME-SEASONAL PAY PLAN
EFFECTIVE 09-19-2024
Hourly PT/SN Rates
100
105
4-9
Grade
Job
Code FLSA Job Title MIN MID MAX
231 N Cadet 16.61$ 18.00$ 20.00$
236 N Jailor / Public Safety Officer
266 N Records Clerk
209 N Secretary
268 Recreation Aide 18.00$ 19.50$ 21.00$
271 N Utility Billing Clerk
239 N Cadet II
170 263 N HR/Risk Technician 19.00$ 21.00$ 22.50$
175 233 N Dispatcher 19.44$ 21.50$ 23.50$
180 256 N Head Manager on Duty 20.00$ 21.50$ 23.00$
241 N Fire Inspector 25.74$ 27.25$ 28.75$
235 N Police Officer
190 255 N Mechanic PT/Temp 30.00$ 32.50$ 35.00$
195 269 N Network Systems Analyst 34.50$ 36.00$ 37.50$
160
165
185
PROPOSED PART/TIME-SEASONAL PAY PLAN
EFFECTIVE 09-19-2024
Hourly PT/SN Rates
4-10
Medical/RX 2023-24 Actual 2024-25 Proposed Increase/Decrease
Employee Only 175.24$ 186.78$ 11.54$
Employee + Children 372.36$ 396.87$ 24.51$
Employee + Spouse 459.98$ 490.26$ 30.28$
Employess + Family 591.40$ 630.33$ 38.93$
Dental 2023-24 Actual 2024-25 Proposed Increase/Decrease
Employee Only 9.77$ 9.97$ 0.20$
Employee + Children 18.53$ 18.90$ 0.37$
Employee + Spouse 22.43$ 22.88$ 0.45$
Employess + Family 28.30$ 28.87$ 0.57$
Total Premium 2023-24 Actual 2024-25 Proposed Increase/Decrease
Employee Only 185.01$ 196.75$ 11.74$
Employee + Children 390.89$ 415.77$ 24.88$
Employee + Spouse 482.41$ 513.14$ 30.73$
Employess + Family 619.70$ 659.20$ 39.50$
City of Euless
2024-25 Proposed
Employee Insurance Premiums Per Month
4-11
FY2025 Proposed Revenues:
City Contribution
For Employees and Dependents 7,247,845$
Employee Contribution
Employee/Retiree Contribution 2,019,939$
Interest Income 123,824$
Total Operating Revenues 9,391,608$
FY2025 Proposed Expenses:
Operating Expenses
Operations 248,754$
Claims 5,514,220$
Prescription Claims 1,096,693$
Re-Insurance Fee 1,477,962$
Insurance Services 196,453$
Wellness Programs 5,000$
OPEB Trust Contribution 739,800$
Total Operating Expenses 9,278,882$
Capital Carryover / One-Time Expenses
Capital Carryover / One-Time 84,000$
Total Capital / One-Time Expenses 84,000$
FY2025 Proposed Budget 9,362,882$
Reserves - Health
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 5,917,105$
FY2023 5,270,336$
FY2024 (estimated)5,533,495$
FY2025 (projected)5,562,221$
Insurance & Benefits
FY2024-25
4-12
FY2025 Proposed Revenues:
Transfers
General 450,000$
Water & Wastewater 450,000$
Interest Income 77,539$
Charges
Workers' Comp 542,520$
Employee Assistance 12,527$
Total Operating Revenues 1,532,586$
FY2025 Proposed Expenses:
Operating Expenses
Risk Management 1,017,628$
Worker's Compensation 444,816$
Total Operating Expenses 1,462,444$
Capital / One-Time Expenses
Capital / One-Time Expenses -$
Total Capital / One-Time Expenses -$
FY2025 Proposed Budget 1,462,444$
Reserves
FY2015 1,378,778$
FY2016 1,992,931$
FY2017 2,116,376$
FY2018 2,187,793$
FY2019 1,949,186$
FY2020 2,161,658$
FY2021 2,122,598$
FY2022 2,245,184$
FY2023 2,674,305$
FY2024 (estimated)2,763,590$
FY2025 (projected)2,833,732$
Risk Management & Workers' Comp
FY2024-25
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
FY25
Prop
$14.75 Base
Tiered Rates/tgals
0-2 tgals - $5.67
3-8 tgals - $6.60
9-15 tgals - $7.17
16-35 tgals - $7.70
Over 35 tgals - $8.30
$13.00+90% of metered water
usage @ $5.35 per tgals. $11.73* $3.75
**$2.14 per home
$4.50 per home-cart
$1.28 per apt. unit
$1.07 for Seniors
$3.43 for Seniors home-
cart
FY24 $14.75 Base
Tiered Rates/tgals
0-2 tgals - $5.35
3-8 tgals - $6.28
9-15 tgals - $6.85
16-35 tgals - $7.38
Over 35 tgals - $7.98
$13.00+90% of metered water
usage @ $4.99 per tgals. $11.39 $3.00
$2.14 per home
$4.50 per home-cart
$1.28 per apt. unit
$1.07 for Seniors
$3.43 for Seniors home-
cart
FY23 $13.75 Base
Tiered Rates/tgals
0-2 tgals - $4.77
3-8 tgals - $5.70
9-15 tgals - $6.27
16-35 tgals - $6.80
Over 35 tgals - $7.40
$12.00+90% of metered water
usage @ $4.53 per tgals. $11.06 $3.00
$2.07 per home
$4.38 per home-cart
$1.26 per apt. unit
$1.04 for Seniors
$3.35 for Seniors home-
cart
*Rate effective March, 2025.
**Effective through March, 2025.
General Fund Key Fiscal Points
Proposed
FY25
% Change Budget
FY24~
% Change Actual
FY23
Operating Expenses $56,878,985 6.7% $53,295,741 10.4% $48,240,735
Capital/One-Time Exp. $ 6,887,970 -18%$ 8,399,424 24.6% $ 6,741,880
Tax Rate .44670 per $100
Debt = .081411
M&O = .365289
-2.4%.45750 per $100
Debt = .094803
M&O = .362697
-.5% .46000 per $100
Debt = .089153
M&O = .370847
Taxable Valuation $7,309,358,692 6.8% $6,844,091,124 14% $6,001,564,674
Debt Rating:
Moody’s
S & P
G.O. = Aa2
W&S = Aa2
Drainage = A1
Sales Tax = A1
G.O. = AA+
W&S=AA+
Drainage = AA+
G.O. = Aa2
W&S = Aa2
Drainage = A1
Sales Tax = A1
G.O. = AA+
W&S=AA+
Drainage = AA+
G.O. = Aa2
W&S = Aa2
Drainage = A1
Sales Tax = A1
G.O. = AA
W&S=AA+
Drainage = AA+
~ Represents originally adopted budget.
5-1
*2015 Population Estimates based on census data.
Population for non-census years calculated by North Central Texas Council of Governments.
54,050 54,250
54,870 55,170
56,160
57,550
58,260
61,480 61,544 61,555
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
61,000
62,000
63,000
POPULATION
5-2
General Fund Multi-Year Analysis
FY24 Budget to
REVENUE ACTUAL ACTUAL ACTUAL BUDGETED ESTIMATED PROPOSED FY25 Proposed
SOURCE FY2021 FY2022 FY2023 FY2024 FY2024 FY2025 % Diff
Property Taxes $18,192,851 $19,378,217 $19,924,168 $21,982,546 $21,667,882 $23,534,205 7.06%
Franchise Fees $4,131,593 $4,398,362 $4,561,440 $4,518,907 $4,521,191 $4,654,675 3.00%
Sales & Use Taxes $15,001,072 $17,699,437 $18,376,121 $17,498,580 $18,041,149 $17,985,359 2.78%
Fines & Fees $3,066,447 $4,051,723 $3,871,860 $3,745,074 $4,229,151 $4,648,471 24.12%
Licenses & Permits $1,578,146 $1,149,320 $1,144,743 $664,029 $1,657,873 $632,922 (4.68%)
Interest Income $62,639 $126,233 $776,631 $112,404 $678,161 $341,793 204.08%
Int'gov't./Trans./Misc.$3,362,265 $4,483,350 $5,397,450 $4,774,201 $4,857,691 $5,081,560 6.44%
TOTAL REVENUES $45,395,013 $51,286,642 $54,052,413 $53,295,741 $55,653,098 $56,878,985 6.72%
Revenue Source - Percentage of General Fund Revenues Average
Property Taxes 40.08%37.78%36.85%41.25%38.93%41.38%39.38%
Franchise Fees 9.10%8.58%8.44%8.48%8.12%8.18%8.48%
Sales & Use Taxes 33.05%34.51%34.00%32.83%32.42%31.63%33.07%
Fines & Fees 6.75%7.90%7.16%7.03%7.60%8.17%7.44%
Licenses & Permits 3.47%2.24%2.12%1.25%2.98%1.11%2.20%
Interest Income 0.14%0.25%1.44%0.21%1.22%0.60%0.64%
Int'gov't./Trans./Misc.7.41%8.74%9.99%8.95%8.73%8.93%8.79%
TOTAL 100.00%100.00%100.00%100.00%100.00%100.00%100.00%
The graph and chart above depicts the five year trend for revenues which support services and operations accounted for in the
General Fund.While indicating which revenue sources have experienced an increase or decrease,the chart indicates what
percentage of the total revenue stream a source constitutes.
While growth in sales tax revenue helps to reduce the dependency on property taxes, sales taxes are more volatile in nature, and
therefore are subject to sharp declines in slower economic periods.The trend now shows property tax to be the largest source of
revenues averaging 41.38% of the total.Sales and use taxes is the second highest source on average at 31.63% and
Intergovernmental/Transfers/Misc third at 8.93%. Franchise Fees make up approximately 8.18% and fines &fees about 8.17% of
total revenues with other sources varying from less than 1% to less than 2%.
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
FY2021 FY2022 FY2023 FY2024 BUD FY2024 EST FY2025 PROP
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Property Taxes Franchise Fees Sales & Use Taxes Fines & Fees Licenses & Permits Interest Income Int'gov't./Trans./Misc.
5-3
General Fund
FY2025 Revenue Assumptions
Revenue Source Assumptions
Property Taxes Projection based on revenues to cover needed expenses.
Prior Year Property Taxes Projected at zero due to recent rebates.
Penalties & Interest Projected flat from FY24 budget based on trend.
Sales Tax Projected increase from FY24 budget due continued business
development.
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 FY24 budget based on historic trends.
Telephone Access Line Fees Projected flat with FY24 budget based on historic trends.
Sanitation Services Franchise Projected increase from FY24 budget based on approved rates.
Recycling Franchise Projected increase from FY24 budget based on approved rates.
Cable Franchise Projected decrease from estimated FY24 budget based on
historic trends.
Water & Wastewater Franchise Based on 5% of projected gross receipts.
Other Permits Projected flat with FY24 budget.
Health Permits Projected to remain flat with FY24 budget.
Fire Permits Projected to decrease based on historic trend.
Contractors Regulatory License Projected flat with FY24 budget based on historic trend.
Minimum Housing Projected to decrease from FY24 budget based on historic trend.
Miscellaneous Permits and Fees Projected to decrease slightly from FY24 budget.
Building Permits Projected to remain flat with FY24 budget.
Police Program Reimbursements Auto Theft Task Force projected to remain flat with FY24 budget.
School Police Reimbursements Increased current contract for five patrol officers for FY25.
Municipal Court Projected to increase from FY24 budget based on recent trend.
Library Fees Projected slight increase based on historic trend.
Ambulance Fees Projected an increase from FY24 budget based on historic
trends.
Alarm Revenue Projected a slight decrease from FY24 budget.
Jail Revenue Based continuation of interlocal shared services agreement.
Interest Income Projected to increase from FY24 budget based on market
outlook and Federal Funds Rate.
Miscellaneous Projected increase with FY24 budget due to historic trends.
Tower Lease Revenue Based on current lease agreements.
Betterment Contributions Projected to remain flat with FY24 budget.
Transfers Based on administrative fees charged to utility operations and
1/3 of Euless’ portion of the Car Rental Tax.
5-4
Operating & Maintenance Debt Service
Adj. Net Taxable Value Assessed $6,252,613,555 $6,252,613,555
TIF Increment Value $390,920,482
Proposed Tax Rate per $100 Valuation 0.365289 0.081411
Estimated Tax Levy $24,268,099 $5,090,315
TIF Distribution $1,816,570
Est. Percent of Collection (O&M and I&S) 98.00%100.00%
General Fund Collections $22,002,498
Ceiling Revenues $1,456,707 $324,652
Estimated Fund Collections $23,459,205 $5,414,967
Additional
Rate Percent $ Amount Sales Tax Total
Operating & Maintenance - General Fund 0.365289 81.78% $23,459,205 3,652,242$ 27,111,447$
Interest and Sinking - Debt Service Fund 0.081411 18.22% $5,414,967 -$ 5,414,967$
TOTAL 0.446700 100.00% $28,874,173 3,652,242$ 32,526,415$
Fiscal Operating & Interest & Total
Year Maintenance Sinking Tax Rate
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
2023 0.370847 0.089153 0.460000
2024 0.362697 0.094803 0.457500
Proposed 2025 0.365289 0.081411 0.446700
PROPERTY TAXES
Estimated Revenues FY25
Proposed Fund Distribution
0.000000
0.050000
0.100000
0.150000
0.200000
0.250000
0.300000
0.350000
0.400000
0.450000
0.500000
2016 2017 2018 2019 2020 2021 2022 2023 2024 Proposed 2025
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Ten Year Breakdown of Tax Rate
Interest & Sinking Operating & Maintenance
5-5
SENIOR TAX WITH TAX WITH TAXES ON TAXES ON
CITY CURRENT HOMESTEAD CITIZEN HOMESTEAD SEN. CITIZEN AVERAGE AVERAGE AVERAGE
TAX RATE EXEMPTION EXEMPTION EXEMPTION ON EXEMPTION ON HOME VALUE HOME VALUE HOME VALUE
$353,622 (A)$339,305 (B)9/1/2023 SEN. CITIZENS
BEDFORD (C)0.4957 0%$50,000 $1,753 $1,434 $350,601 $1,738 $1,490
HURST 0.5812 20%$35,000 $1,644 $1,374 $315,636 $1,467 $1,264
N.R. HILLS 0.4894 20%$36,000 $1,384 $1,152 $381,531 $1,494 $1,318
GRAPEVINE 0.2506 20%$75,000 $709 $492 $522,394 $1,047 $859
COLLEYVILLE (C)0.2610 0%$65,000 $923 $716 $891,366 $2,326 $2,157
AVERAGE 0.4156 12%$52,200 $1,283 $1,034 $492,306 $1,800 $1,583
EULESS (proposed)0.4467 20%$35,000 $1,264 $1,056 $338,200 $1,209 $1,052
NOTES:
(A)Euless' average home value as of July 2024.
(C)Bedford & Colleyville have no homestead exemption.
SOURCE:
Tarrant Appraisal District Website
TAX RATE & EXEMPTIONS
COMPARISONS OF TAX RATES
(B)Average home value of senior citizen property in the City of Euless as of July 2024.
5-6
FY2023-24
Budgeted
FY2024-25
Proposed
Tax Rate @ 45.75¢@ 44.67¢
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)$366.00 $357.36
or monthly $30.50 $29.78
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)$205.88 $201.02
or monthly $17.16 $16.75
Average Home Value~$340,145 $353,622
Annual Tax $1,244.93 $1,263.70
Over 65 Average Home Value*~$320,560 $339,305
Annual Tax $1,013.12 $1,056.20
*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. Both values shown here are from July 25,
2024.
TAX RATE IMPACT
5-7
Water & Wastewater Fund
FY25 Revenue Assumptions
Revenue Source Assumptions
Interest Income Projected to decrease based on market outlook and investable
balances.
Sanitation Services Projected to increase over FY24 budget.
Water Service Consumption is estimated to decrease slightly with FY24 year-
end projections based historical figures. Volume rates
increased by 32¢ per 1,000 gallons and the residential base
rates increased remain unchanged for FY24.
Wastewater Service Anticipated treatment volume is estimated to be relatively flat
with FY24 budgeted volume. Volume rates increased by 36¢
per 1,000 gallons and base rates remain unchanged for FY24.
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 remain flat with FY24 budget.
Reconnect Fees Projected to increase based on historical collections.
Inspection Fees Projected to decline due to drop in anticipated development.
Miscellaneous Projected to decline based on historical collections.
Penalties Projected to increase based on historical collections.
Initiation & Transfer Fees Projected to decrease slightly from FY24 budget.
Recycling Fees Projected to decrease slightly from FY24 budget.
5-8
CITY OF EULESS
RESIDENTIAL UTILITY RATE HISTORY
WATER
Year Base Rate 0-2 Tgals 3-8 Tgals 9-15 Tgals 16-35 Tgals >35 Tgals
FY16 $9.75 $3.24 $4.17 $4.74 $5.27 $5.87
FY17 $10.75 $3.44 $4.37 $4.94 $5.47 $6.07
FY18 $11.75 $3.58 $4.51 $5.08 $5.61 $6.21
FY19 $12.50 $3.88 $4.81 $5.38 $5.91 $6.51
FY20 $12.75 $4.07 $5.00 $5.57 $6.10 $6.70
FY21 $12.75 $4.21 $5.14 $5.71 $6.24 $6.84
FY22 $12.75 $4.21 $5.14 $5.71 $6.24 $6.84
FY23 $13.75 $4.77 $5.70 $6.27 $6.80 $7.40
FY24 $14.75 $5.35 $6.28 $6.85 $7.38 $7.98
FY25 Proposed $14.75 $5.67 $6.60 $7.17 $7.70 $8.30
WASTEWATER DRAINAGE FEE
90% of
Metered Lot Less
Year Base Rate Water Year Than 5 Acres
FY16 $8.50 $3.59 FY16 $2.50
FY17 $9.50 $3.72 FY17 $2.50
FY18 $10.50 $3.98 FY18 $2.75
FY19 $10.75 $4.27 FY19 $2.75
FY20 $11.00 $4.29 FY20 $2.75
FY21 $11.00 $4.34 FY21 $2.75
FY22 $11.00 $4.34 FY22 $3.00
FY23 $12.00 $4.53 FY23 $3.00
FY24 $13.00 $4.99 FY24 $3.00
FY25 Proposed $13.00 $5.35 FY25 Proposed $3.75
5-9
SINGLE BAGS
FAMILY COST OF OR BULK COST OF
CITY CUSTOMERS SANITATION*CANS PICKUP RECYCLING*
BEDFORD 14,567 $10.35 Either 2 days/wk.$4.86
GRAPEVINE 12,552 $17.58 Either Bi-Weekly Included
N . R. HILLS 21,151 $19.39 Either 2 days/wk.Included
COLLEYVILLE 9,520 $20.81 Either 2 days/wk.Included
HURST 11,088 $9.68 Either 2 days/wk.$4.78
AVERAGE 13,776 $15.56 $4.82
EULESS 13,028 $11.39 Either 2 days/wk.$2.14
* Rates as of June 2024
SANITATION AND RECYCLING
COMPARISON OF SERVICE AND RATES
5-10
Bedford $4.50
Grapevine $4.00
*North Richland Hills $6.31 (maximum)
Colleyville $10.00
Hurst $4.00
AVERAGE $5.76
Euless proposed $3.75
~Rates as of June 2023
Bedford $71.88
Grapevine $24.50
North Richland Hills $28.25
Colleyville $24.40
Hurst $51.84
AVERAGE $40.17
Euless proposed $28.40
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.
*North Richland Hills base charge on lot size.
DRAINAGE UTILITY CHARGE
RESIDENTIAL MONTHLY RATE COMPARISON~
COMMERCIAL MONTHLY RATE COMPARISON^
5-11
MINIMUM WATER 3,000 8,000 12,000 15,000 20,000
CITY BILL RATE GALLONS GALLONS GALLONS GALLONS GALLONS
BEDFORD - NON-SENIOR $21.13 5.22/ gals $36.79 $62.89 $83.77 $99.43 $125.53
SENIOR $19.20 5.22/ gals $34.86 $60.96 $81.84 $97.50 $123.60
GRAPEVINE1 $17.13 4.81/>2 gals $21.94 $45.99 $65.23 $79.66 $103.71
N. R. HILLS1 $17.50 4.65tgal/ from 2-22.44 gals $31.72 $70.92 $102.28 $125.80 $165.00
4.74 tgal > 22.44 gals
plus 3.19/tgal pass thru rate
COLLEYVILLE $15.62 5.60/gals $32.42 $60.42 $82.82 $99.62 $127.62
HURST $19.53 7.84/>2 gals $27.37 $66.57 $97.93 $121.45 $160.65
AVERAGE $18.18 6.26/gals $30.05 $61.36 $86.41 $105.19 $136.50
EULESS proposed $14.75 5.67 / 0-2 gals $32.69 $65.69 $94.37 $115.88 $154.38
6.60 / 3-8 gals
7.17 / 9-15 gals
7.70 / 16-35 gals
8.30/ > 35 gals
EULESS proposed w/rebate $14.75 $30.44 $59.69 $85.37 $104.63 $154.38
1Minimum bill includes first 2,000 gallons of usage.
Rates as of October 2023.
WATER CONSUMPTION
MINIMUM WASTEWATER 3,000 8,000 12,000 15,000 20,000
CITY BILL RATE GALLONS GALLONS GALLONS GALLONS GALLONS
BEDFORD - NON-SENIOR $16.68 3.99/gals $28.65 $48.60 $64.56 $76.53 $96.48
SENIOR $15.13 3.99/gals $27.10 $47.05 $63.01 $74.98 $94.93
GRAPEVINE2 $11.03 4.61/> 2 gals $15.64 $38.69 $57.13 $70.96 $70.96
N. R. HILLS3 $11.00 5.18/gals $26.54 $52.44 $73.16 $88.70 $107.87
COLLEYVILLE $13.67 3.74/gals $24.89 $43.59 $58.55 $69.77 $88.47
HURST $14.13 4.53/gals $27.72 $50.37 $68.49 $82.08 $104.73
AVERAGE $13.30 4.41/gals $24.69 $46.74 $64.38 $77.61 $93.70
EULESS1 proposed $13.00 5.35/gals $27.45 $51.52 $70.78 $77.20 $77.20
1Wastewater charge is based on 90% of metered water and shall not exceed 12,000 gallons of wastewater treated.
2Capped at 15,000 gallons.
3Capped at 2,500 cf or 18,700 gallons.
Rates as of October 2023.
COMPARATIVE RATES
WATER
WASTEWATER
5-12
Impact of Water Rate Increase
Impact of 5¢ increase on all tiers:Impact of 10¢ increase on all tiers:
Increase Estimated Volume*Revenue Increase Estimated Volume*Revenue
05¢2,095,322 104,766$ 10¢2,095,322 209,532$
Monthly 0.31$ Monthly 0.63$
Annually 3.77$ Annually 7.55$
Impact of 15¢ increase on all tiers:Impact of 20¢ increase on all tiers:
Increase Estimated Volume*Revenue Increase Estimated Volume*Revenue
15¢2,095,322 314,298$ 20¢2,095,322 419,064$
Monthly 0.94$ Monthly 1.26$
Annually 11.32$ Annually 15.10$
* amounts shown in thousands of gallons
Calculations based on 27,757 water customers
Impact of Wastewater Rate Increase
Impact of 5¢ increase on rate:Impact of 10¢ increase on rate:
Increase Estimated Volume*Revenue Increase Estimated Volume*Revenue
05¢1,592,445 79,622$ 10¢1,592,445 159,245$
Monthly 0.24$ Monthly 0.49$
Annually 2.92$ Annually 5.85$
Impact of 15¢ increase on rate:Impact of 20¢ increase on rate:
Increase Estimated Volume*Revenue Increase Estimated Volume*Revenue
15¢1,592,445 238,867$ 20¢1,592,445 318,489$
Monthly 0.73$ Monthly 0.98$
Annually 8.77$ Annually 11.70$
* amounts shown in thousands of gallons
Calculations based on 27,231 wastewater customers
To Citizens: Estimated Increase To Citizens: Estimated Increase
To City: Additional revenues generated To City: Additional revenues generated
To City: Additional revenues generated To City: Additional revenues generated
To Citizens: Estimated Increase To Citizens: Estimated Increase
To City: Additional revenues generated
To Citizens: Estimated Increase To Citizens: Estimated Increase
To Citizens: Estimated Increase
To City: Additional revenues generated
To Citizens: Estimated Increase
To City: Additional revenues generatedTo City: Additional revenues generated
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CITY WATER WASTEWATER DRAINAGE SANITATION RECYCLING TOTAL
(8 tgals)(8 tgals)BILL
BEDFORD $62.89 $48.60 $4.50 $10.35 $4.86 $131.20
GRAPEVINE $45.99 $38.69 $4.00 $17.58 INCLUDED $106.26
N . R. HILLS $70.92 $52.44 $6.31 $19.39 INCLUDED $149.06
COLLEYVILLE $60.42 $43.59 $10.00 $20.81 INCLUDED $134.82
HURST $66.57 $50.37 $4.00 $9.68 $4.78 $135.40
AVERAGE $61.36 $46.74 $5.76 $15.56 $4.82 $134.24
EULESS proposed w/ rebate $59.69 $51.52 $3.75 $11.39 $2.14 $128.49
All comparison cities are based on current year rates.
Utility Bill Comparison
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