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HomeMy WebLinkAboutCity of Euless Annual Operating Budget (updated) FY2016    Annual Operating Budget Fiscal Year Ending September 30, 2016 201 North Ector Drive Euless, Texas 76039 www.eulesstx.gov  City of Euless, Texas Fiscal Year 2015-2016 Budget Cover Page August 25, 2015 This budget will raise more revenue from property taxes than last year's budget by an amount of $332,205, which is a 2.49 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $124,072. The members of the governing body voted on the budget as follows: FOR: Mayor Linda Martin Mayor Pro Tem Tim Stinneford Council Member Jeremy Tompkins Council Member Eddie Price Council Member Linda Eilenfeldt Council Member Harry Zimmer Council Member Perry Bynum AGAINST: PRESENT and not voting: ABSENT: Property Tax Rate Comparison 2015-2016 2014-2015 Property Tax Rate: $0.467500/100 $0.467500/100 Effective Tax Rate: $0.458926/100 $0.451701/100 Effective Maintenance & Operations Tax Rate: $0.353999/100 $0.343535/100 Rollback Tax Rate: $0.489461/100 $0.480013/100 Debt Rate: $0.100929/100 $0.102995/100 Total debt obligation for the City of Euless, Texas secured by property taxes: $35,340,000 CITY OF EULESS FISCAL YEAR 2015-2016 LINDA MARTIN, MAYOR Tim Stinneford, Council Member – Place One, Mayor Pro Tem Jeremy Tompkins, Council Member – Place Two Eddie Price, Council Member – Place Three Linda Eilenfeldt, Council Member – Place Four Harry Zimmer, Council Member – Place Five Perry Bynum, Council Member – Place Six Loretta Getchell, City Manager Bob Freeman, Deputy City Manager Chris Barker, Assistant City Manager The Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to the City of Euless, Texas for its annual budget for the fiscal year beginning October 1, 2014. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as a financial plan, and as a communication device. This award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. *As of June 10, 2015 2015 B O A R D S & C O M M I S S I O N S Animal Shelter Advisory Board (2) Dr. Susan Read Michelle Watson Council Member Perry Bynum Civil Service Commission (3) Carla Shields John Deithloff Bobby Baker Crime Control & Prevention District (3) Ron Shields Vacant Iris Elliott Council Member Eddie Price Council Member Perry Bynum Council Member Linda Eilenfeldt Council Member Jeremy Tompkins Euless Development Corporation (3) Sonja Adams Wayne Marrs Carmen Deithloff Mayor Linda Martin Mayor Pro Tem Tim Stinneford Council Member Jeremy Tompkins Council Member Linda Eilenfeldt Historical Preservation Committee (39) Gary Barnhill Jan Bellamy-Genee Leah Bennett Perry Brockmeyer Doris Brown Dan Burger Michele Burger Bill Byers Joe Cannon Weldon Cannon Barbara Collier Iris Elliott Susan Ellis Gary Fieldsend Betty Fuller Beth Gathings James Gathings Bill Golden Leon Hogg Norma Keplinger Norma Lively Marilyn Long Don Martin David Massey Veva Lou Massey Shirley Mercer Donna Moore Robert Nail Gary Parker Helen Payton Mary Lib Saleh Corey Stack Faye Stinneford Peggy Vandiver Helen Voss Joyce Wallace Glenn Walker Andy Weinzapfel Mavy T. Wright Industrial Development Authority Mayor Linda Martin Council Member Eddie Price Mayor Pro Tem Tim Stinneford Council Member Jeremy Tompkins Council Member Perry Bynum Council Member Linda Eilenfeldt VACANT Housing and Structure Board Robert Wooldridge Clarence Moore VACANT Ruby Anne Crites Charles Cinquemani Paul Kuhar, Alt.1 Ron Young, Alt 2 Library Board (8) Allan Gibbs Marcia Brown Mike McGehee Christopher McAllister Barney Snitz Loretta Doty Carol Kveck, Alt. 1 Jim Hamilton, Alt. 2 Parks and Leisure Services Board (7) Eric Owens John Raab Randy Jones Steve Doty Roger Sickler Tiffany Smith Jason Reyes, Alt. 1 Salman Bhojani, Alt. 2 Planning and Zoning Commission (7) George Zahn Kenny Olmstead LuAnn Portugal Richard McNeese Ronald Dunckel Steve Ellis David Brown Tax Increment Reinvestment Zone #3 Carolyn Sims – Tarrant Cty Prcnt 3 Administrator Scott Rule – Vice President, JPS Health Network Mark McClendon – Staff Liaison, TCC District Mayor Linda Martin Council Member Linda Eilenfeldt Mayor Pro Tem Tim Stinneford Council Member Eddie Price Zoning Board of Adjustment (6) Robert Wooldridge Clarence Moore VACANT Ruby Anne Crites Charles Cinquemani Paul Kuhar, Alt. 1 Ron Young, Alt. 2 HEB Teen Court Advisory Board (2) VACANT Renu Sloan Amy Powell, Alt. Liaison- Council Member Eddie Price Other Appointments CITY HEALTH AUTHORITY Robert Tafel, M.D. NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS (NCTCOG) Mayor Linda Martin HURST EULESS BEDFORD ISD LIAISON Council Member Jeremy Tompkins GRAPEVINE/COLLEYVILLE ISD LIAISON Council Member Harry Zimmer HURST-EULESS-BEDFORD ECONOMIC DEVELOPMENT FOUNDATION Council Member Linda Eilenfeldt 84 CITIZEN BOARD MEMBERS TABLE OF CONTENTS FY2015-2016 OPERATING BUDGET TITLE DESCRIPTION PAGE COVER PAGE TAX BUDGET COVER CITY OFFICIALS BUDGET AWARD BOARDS AND COMMISSIONS TABLE OF CONTENTS BUDGET MESSAGE City Manager's message highlighting major accomplishments i-xvi COMBINED SUMMARY OF REVENUES & EXPENDITURES, AND CHANGES IN FUND BALANCE Consolidated statement of revenues, expenditures and changes in fund balance for all funds with appropriations with comparison to prior year xvii-xviii BUDGET SECTION I LETTER OF TRANSMITTAL FOR PROPOSED BUDGET 1-6 EXECUTIVE SUMMARIES 7-9 FUND BALANCE SUMMARIES Summary of operating and capital funds 10-15 WHERE DOES THE MONEY COME FROM? Listing of all operational funds, with pie charts illustrating proportion of each to the total income 16 WHERE DOES THE MONEY GO? Listing of all operational funds, with pie charts illustrating proportion of each to the total expenditures 17 GENERAL FUND REVENUE Listing of revenue sources, with pie chart showing proportion of each to total revenues 18 TAX RATE SCENARIOS 19 GENERAL FUND EXPENDITURES Details of departmental expenditures plus pie chart 20 WATER & WASTEWATER REVENUE Details and pie chart showing sources of revenues in the water & wastewater fund 21 WATER & WASTEWATER EXPENDITURES Details and pie chart showing expenditures in this fund 22 ALL OTHER ENTERPRISE OPERATING FUNDS Summary of budgets for other enterprise funds, revenues and expenditures 23 SPECIAL REVENUE OPERATING FUNDS Summary of budgets for special revenue, revenues and expenditures 24-25 INTERNAL SERVICE OPERATING FUNDS Summary of budgets for internal service funds, revenues and expenditures 26 DEBT SERVICE OPERATING FUNDS Summary of budgets for debt service funds, revenues and expenditures 27 PERSONNEL COUNTS Personnel statistics by departments and funds 28 BOND INDEBTEDNESS Summary of Outstanding Bond Indebtedness and Proposed Bond Indebtedness 29 CAPITAL & SUPPLEMENTAL EXPENSES & FUNDING Detail of Capital & Supplemental items requested 30-32 SUPPLEMENTARY DATA SECTION II INTRODUCTION 34 WELCOME A look at the City of Euless - brief physical description of the area 35-38 MISSION STATEMENT 39 FISCAL YEAR 2015-2016 GOALS MATRIX 40 GOALS & OBJECTIVES 41 ACCOMPLISHMENTS Highlights of accomplishments for FY15 42-45 RESIDENTIAL MONTHLY SERVICE CHARGES/KEY FISCAL POINTS Summary of utility charges, and key fiscal points 46 ORGANIZATIONAL CHART 47 BUDGET PROCESS Excerpts from City ordinance outlining major guidelines and chronology 48-50 BUDGET SCHEDULE 51 EXCERPTS FROM CITY CHARTER Reproduction of portions of City of Euless charter pertaining to finance 52-53 FISCAL POLICIES Fiscal policies adopted by City council applicable to all funds 54-60 GENERAL FUND 61 GENERAL FUND SUMMARY 62 GENERAL FUND REVENUES Listing of revenue sources, with pie chart showing proportion of each to total revenues 63 GENERAL FUND REVENUE ASSUMPTIONS Assumptions utilized for FY2016 budget 64 GENERAL FUND MULTI-YEAR ANALYSIS General fund five-year analysis 65 PROPERTY TAXES Detail of property tax revenue and history of tax rate distribution 66 GENERAL FUND EXPENDITURES Details of departmental expenditures plus pie chart 67 CITY ADMINISTRATION All summaries include expenditure history, department goals, program highlights and major budgetary and operational trends, in addition to actual budget amounts 68-69 FINANCE DEPARTMENT 70-71 MUNICIPAL COURT 72-73 POLICE DEPARTMENT 74-75 FIRE DEPARTMENT 76-77 ADMINISTRATIVE SERVICES DEPARTMENT 78-79 PLANNING & DEVELOPMENT DEPARTMENT 80-81 PARKS & COMMUNITY SERVICES DEPARTMENT 82-83 PUBLIC WORKS DEPARTMENT 84-85 NON-DEPARTMENTAL 86-87 ENTERPRISE FUNDS 88 ENTERPRISE FUND SUMMARY 89 WATER & WASTEWATER REVENUES Details and pie chart showing sources of revenues in the water & wastewater fund 90 WATER & WASTEWATER REVENUE ASSUMPTIONS Assumptions utilized for FY2016 budget 91 WATER & WASTEWATER EXPENDITURES Details and pie chart showing expenditures in this fund 92 FINANCE DEPARTMENT All summaries include expenditure history, fund or department goals, program highlights and major budgetary and operational trends, in addition to actual budget amounts 93-94 PUBLIC WORKS DEPARTMENT 95-96 NON-DEPARTMENTAL 97-98 SERVICE CENTER FUND 99-100 DRAINAGE/STORM WATER UTILITY FUND 101-102 RECREATION CLASS FUND 103-104 ARBOR DAZE FUND 105 TEXAS STAR GOLF COURSE FUND 106-107 TEXAS STAR SPORTS COMPLEX FUND 108-109 SPECIAL REVENUE FUNDS 110 SPECIAL REVENUE FUNDS SUMMARY 111 HOTEL OCCUPANCY TAX FUND All summaries include expenditure history, fund goals, program highlights and major budgetary and operational trends, in addition to actual budget amounts 112 EULESS DEVELOPMENT CORPORATION FUND 113-114 CRIME CONTROL AND PREVENTION DISTRICT FUND 115 CAR RENTAL TAX FUND 116 INTERNAL SERVICE FUNDS 117 INTERNAL SERVICE FUND SUMMARY 118 VEHICLE/EQUIPMENT REPLACEMENT FUND 119 INSURANCE/BENEFITS FUND 120-121 RISK FUND 122-123 CAPITAL IMPROVEMENTS 124 CAPITAL PROJECTS FUND SUMMARY 125 CAPITAL IMPROVEMENTS PROGRAM Definitions and descriptions 126 CAPITAL IMPROVEMENT PROGRAM POLICY Statement of purpose, scope, responsibility and types of plans, guidelines for classifying projects, definitions and procedures for capital improvement projects 127-129 CURRENT CAPITAL PROJECTS FUNDS Brief description of various capital improvement funds 130 CAPITAL IMPROVEMENT PROGRAM Brief description of the capital improvement program 131 FUND BALANCE SUMMARY Summary of capital improvement funds 132-134 PROPOSED & UNFUNDED – SORTED BY TYPE Summary of proposed projects with estimated costs and proposed method of financing 135-138 SUMMARY OF FUNDED PROJECTS Summary of appropriations and amendments, extensions, and estimated project costs upon completion 139-140 DEBT 141 DEBT FUNDS SUMMARY 142 DEBT RESERVE FUNDS SUMMARY 143 INTRODUCTION TO DEBT 144-145 ANNUAL DEBT SERVICE Graph summarizing total annual debt service requirements 146 GENERAL OBLIGATION & C.O. BONDS COMPOSITION OF DEBT SERVICE Graph summarizing the general obligation and C.O bonds 147 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2011 Debt service schedules 148 TAX & WATERWORKS & SEWER SYSTEM REVENUE CERTIFICATES OF OBLIGATION, SERIES 2011 Debt service schedules 149 TAX & WATERWORKS & SEWER SYSTEM REVENUE CERTIFICATES OF OBLIGATION, SERIES 2011 Debt service schedules 150 GENERAL OBLIGATION REFUNDING SERIES, 2012 Debt service schedules 151 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012A Debt service schedules 152 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2014 Debt service schedules 153 TAX & WATERWORKS & SEWER SYSTEM REVENUE CERTIFICATES OF OBLIGATION, SERIES 2014 Debt service schedules 154 TAXABLE G.O.’S (SELF SUPPORTING) COMPOSITION OF DEBT SERVICE Graph summarizing debt service requirements 155 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2010 Debt service schedules 156 GOLF / SOFTBALL REFUNDING BONDS Graph summarizing debt service requirements 157 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012A GOLF Debt service schedules 158 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012A SOFTBALL Debt service schedules 159 W&WW REV BONDS COMPOSITION OF DEBT SERVICE Graph summarizing debt service requirements 160 WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES 2012 Debt service schedules 161 WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES 2013 Debt service schedules 162 WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES 2015A Debt service schedules 163 WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES 2015B Debt service schedules 164 SALES TAX REVENUE BOND COMPOSITION OF DEBT SERVICE Graph summarizing debt service requirements 165 EULESS DEVELOPMENT CORPORATION, SALES TAX REVENUE REFUNDING BONDS, SERIES 2012 Debt service schedules 166 APPENDICES 167 HUMAN RESOURCES Appendix A PERSONNEL COUNTS BY FUND Personnel counts by fund 169 PERSONNEL COUNTS BY DIVISION Full-time by department and division 170-171 FINANCIAL TERMINOLOGY Appendix B BASIS OF ACCOUNTING AND BUDGETING 173 FUND RELATIONSHIPS Brief description of funds, their purpose and relationship to other funds 174-175 FUND STRUCTURE Graphical representation of City funds 176 GLOSSARY OF TERMS 177-182 ORDINANCES Appendix C BUDGET ORDINANCE 184- 188 TAX RATE ORDINANCE 189-192 TAX ROLL ORDINANCE 193-194 MULTI-YEAR FINANCIAL PLAN Appendix D MULTI-YEAR FINANCIAL PLAN Brief description of assumptions and procedures used in the multi-year financial plan 196-200 GENERAL FUND EXECUTIVE SUMMARY Highlights assumptions made in the 5-year general fund operating plan 201 GENERAL FUND Five-year financial plan 202 GENERAL FUND REVENUE ASSUMPTIONS Assumptions utilized for 5-year financial plan 203 GENERAL OBLIGATION DEBT SERVICE Five-year financial plan 204 HALF CENT SALES TAX FUND Five-year financial plan 205 HALF CENT SALES TAX DEBT SERVICE AND DEBT RESERVE FUNDS Five-year financial plan 206 CRIME CONTROL & PREVENTION DISTRICT FUND Five-year financial plan 207 CAR RENTAL TAX FUND Five-year financial plan 208 WATER & WASTEWATER EXECUTIVE SUMMARY Highlights assumptions made in the 5-year water & wastewater operating plan 209 WATER & WASTEWATER FUND Five-year financial plan 210 WATER & WASTEWATER REVENUE ASSUMPTIONS Assumptions utilized for 5-year operating plan 211 WATER & WASTEWATER DEBT SERVICE FUND Five-year financial plan 212 DRAINAGE UTILITY FUND Five-year financial plan 213 SERVICE CENTER FUND Five-year financial plan 214 GOLF COURSE FUND Five-year financial plan 215 TEXAS STAR SPORTS COMPLEX Five-year financial plan 216 EQUIPMENT REPLACEMENT FUND Five-year financial plan 217 HEALTH INSURANCE FUND Five-year financial plan 218 OTHER INFORMATION Includes supplemental request, capital requests and fleet transfer schedule 219-228 i  October 1, 2015 Honorable Mayor Linda Martin City Council: Tim Stinneford, Place One, Mayor Pro Tem Jeremy Tompkins, Place Two Eddie Price, Place Three Linda Eilenfeldt, Place Four Harry Zimmer, Place Five Perry Bynum, Place Six In accordance with requirements of State law and the City of Euless' Home Rule Charter, the City of Euless, Texas Annual Operating and Capital budgets for the fiscal year beginning October 1, 2015 and ending September 30, 2016 are presented. The FY2015-16 budget, as presented, continues to provide quality services to citizens, customers, and community partners. The City of Euless has achieved many accomplishments over the last year. This budget reflects the positive financial condition of the City and meets the City’s mission to: Provide our citizens the most efficient services possible to protect and enhance the quality of life through planning and visionary leadership. The City accomplishes this mission through the utilization of sound fiscal policy directives, a conservative approach in revenue and expenditure forecasting and a continued effort to develop and enhance revenue sources. For FY2015-16, the City’s budget provides for continued programs and services, while maintaining the tax rate at $0.4675 per $100 valuation. Several factors continue to ensure the strength of the City’s budget, including:  Strategic planning for realization of long-term as well as short-term goals,  Fiscal management to monitor revenues, expenditures, and economic conditions to identify and address risks,  The quarter cent (¼¢) sales tax for crime control and prevention purposes which funds several public safety positions,  The half cent (½¢) sales tax which provides funding for economic development, library and park projects,  Net growth in residential and commercial property valuations over the past decade, and  Conservative sales tax revenue budgeting practices. FY2014-15 ACCOMPLISHMENTS The accomplishments highlighted below reflect the City’s achievement of several stated goals: ii   Promote a culture that instills a “sense of community,” builds confidence and promotes harmony between citizens, elected officials and City staff; specifically, the City held several town hall meetings, a water conservation forum, various neighborhood meetings, quarterly Tongan Community Committee meetings, and participated in several national night out events, as well as, many community events throughout the year to encourage open dialogue between residents, elected officials and City staff regarding needs within the community. The City participated with 6 Stones Mission Network in a variety of events to benefit the citizens of the community.  Continue the long-standing emphasis on providing a safe community through quality Public Safety and Health Services; specifically, the Fire Department maintained a Class 1 ISO (Insurance Service Organization) rating. This allows both commercial businesses and residents to benefit financially from decreased fire insurance premiums. The Euless Police Department continued to reach out to the community through its neighborhood programs and proactive strategies designed to create interest and participation in making this community a safe place to live, work and play. The Police Department continued to emphasize traffic programs designed to provide safe roadways through the commercial motor vehicle inspections, DWI enforcement and traffic compliance initiatives. Code Compliance Officers continued to work with home owners, business owners and apartment communities to ensure compliance with safety standards and address quality of life issues.  Employ high quality, professional, service-oriented personnel by providing a competitive salary and benefit structure for City employees; specifically, the FY2014-15 operating budget included a 3.25% merit based salary increase for exempt employees and a 3.25% movement in the pay plan and continuation of a step plan for non-exempt and public safety employees.  Provide excellent and efficient services to citizens; specifically, our departments continue to provide quality service and programs to the citizens of Euless, serving approximately 144 citizens for every full-time funded position. This is one of the lowest employee per capita ratios of any of our surrounding cities. Although the City’s staffing levels declined due to the recession, the City continues to streamline several processes to provide more efficient and convenient services to citizens. The City has increased the convenience to citizens by offering 24 hour online services, including citation payments, utility bill payments, animal registration, City maps, and an employment application system. In addition, citizens have online access to sign up for recreation classes, apply for garage sale permits and search the library catalogs. The City also implemented Access Euless which is designed to provide our residents, businesses, and visitors with a Virtual City Hall, giving them the opportunity to access City Hall 24 hours a day, 7 days a week, 365 days a year from the comfort of their own home. This system is also available for iPhone and Android users.  Seek grant funding for qualified projects; specifically, the Police Department continued to receive overtime grants for DWI and traffic enforcement programs. The Police Department is also seeking grant funding for body cameras. The Public Works & Engineering Department once again participated in the Community Development Block Grant program with Tarrant County and received funding for installation of sidewalk accessibility ramps located throughout the city, and infrastructure improvements in qualified areas. Staff also participated in the application process and received grant funding for various pieces of equipment as well as the city wide meter replacement project and Phase 2 of the Reclaimed Water project. The Parks and Community Services Department was awarded grant funding for the Glade Parks Trail Connection from the North Central Texas Council of Governments Transportation Alternatives Program. This trail will connect the existing trail system to the City of Colleyville’s trail system by going under State Highway 121 through the Glade Parks development to Heritage Road. The Parks and Community Services Department also was awarded grant funds from the Texas Department of Transportation for the Green Ribbon Landscaping Project on Bear Creek Parkway.  Maintain quality infrastructure improvements by constructing municipal facilities and infrastructure improvements in accordance with the Capital Improvement Plan; specifically, the City continued the annual street overlay, ADA improvements, street light and sidewalk iii  maintenance programs. Additionally, the City completed street improvements on Cullum Drive, wastewater line relocation for Phase 1 of State Highway 183 construction, wastewater line replacement at Denton Drive and water line replacement at El Camino Real.  Promote the continued investment in the community with new residential and commercial development while focusing on reinvestment of existing properties; , the City continued the apartment inspection program which has resulted in immediately recognizable capital reinvestment in many of the apartment communities throughout the City, thus improving residents’ housing livability, community aesthetics, and preserving property values. During 2015, the City processed 158 new residential housing permits totaling approximately $58.6 million in new residential development. There are twelve (12) active subdivisions in the City of Euless, with 383 platted lots remaining. There are several new subdivisions coming on line as well in the next 12 months. Lennar Homes will have four (4) subdivisions under construction in the RiverWalk mixed use development, including the 206 lot Dominion subdivision at the northwest corner of S.H. 360 and Airport Freeway. K Hovnanian will continue building in their 127 lot subdivision within the 200 acre Glade Parks mixed use development on the west side of State Highway 121, south of Super Target. Local builder Bloomfield Homes has several smaller infield subdivisions under development. During 2015, the City also processed 19 new commercial permits with a valuation of $13.3 million. The commercial development activity is geographically dispersed throughout the community and can be found in multiple sectors, including light assembly, manufacturing, wholesale distribution, construction equipment sales and leasing, and retail. The Glade Parks development represents the overwhelming amount of the total square footage under construction.    Promote a long-range Community Revitalization Plan; specifically, the City continued its partnership with Tarrant County, local churches and the cities of Hurst and Bedford to renovate qualifying homes in the community through the Community Powered Revitalization Program. With the help of volunteers, churches, non-profit organizations, and local businesses, the City completed more than 20 home renovations in Euless during 2015. This program continues to grow and revitalize the community by helping struggling homeowners with necessary home repairs which ultimately increases home value. Additionally, the City continues to seek opportunities to partner with developers to revitalize aging properties.  Provide quality leisure opportunities for Euless citizens of all ages; specifically, the City offers an outdoor and indoor aquatics facility at the Euless Family Life Center. The outdoor facility features a leisure pool, slides, aqua play features, shade structures, and a lazy river and has had over 120,000 visitors since opening. The indoor portion features a lap pool, therapy pool, and water slides and has had nearly 13,000 visitors of all ages since opening. The Learn to Swim program has nearly tripled in participation numbers in just over a year and the number of water based recreation programs offered has more than quadrupled in the number of classes offered and participation numbers. In FY2015, the library introduced technology into early literacy classes for a more engaging experience, with the addition of tablets and educational apps. They expanded elementary-age STEAM after-school classes to enrich children’s learning. Attendance increased at teen events due to a re-vamped slate of activities. For adults, the library launched new digital audiobook and streaming media services to supplement the book collection. The library continues to expand its social media presence to reach new and existing patrons. The City continues to provide high-quality free cultural and educational events each month that appeal to all ages. Euless strives to “enhance the quality of life” for citizens. The initiatives shown symbolize the City’s commitment to enhance the quality of life for residents. As the next fiscal year begins, the budget serves as the blueprint to achieve the goals and meet the mission as set forth by the City Council. iv  BUDGET GUIDANCE The FY2015-16 budget is a culmination of several months of intensive effort involving the City Council, all departments and staff. Beginning in early spring, the City staff began working on a budget that would meet the mission, vision, and objectives set forth by the City Council. In July, a preliminary budget was submitted to the City Council and was available online for citizen review. A final budget was submitted and adopted by the City Council in August. This budget document represents the final results from all their hard work. Preparing the budget for FY2015-16 required careful consideration of all revenues and expenditures. As we prepared this budget, the primary concerns were continuing all existing services for our citizens, maintaining appropriate staffing levels, and maintaining reserve levels in accordance with the City’s fiscal policies. Although the City has seen improvements in many revenue sources, the City maintained a conservative approach when forecasting both revenues and expenditures. Many of the safeguards put in place to protect the City from financial instability during the economic downturn were carried forward into the new fiscal year. These include maintaining some unfilled positions, limiting capital purchases, and holding discretionary spending. However, as the new fiscal year begins, the City’s budget maintains the services and programs that Euless citizens have come to enjoy. The City maintains a strong property tax base; healthy reserves; innovative leadership; strong community partners; and excellent City services. Although retail growth over the last several years has increased the sales tax base, this revenue source is highly volatile and creates budgetary pressure during slower economic periods. The City’s conservative approach to revenue projections is important in maintaining a strong financial position. The City’s future remains optimistic due in large part to the visionary leadership of the Mayor and City Council. The City will continue to provide award-winning programs and excellent services to citizens. As resources allow, service enhancements may also be initiated. With the help of community partners such as citizens, businesses, volunteers, Tarrant County, DFW Airport, the school districts, neighboring cities, and the loyal and dedicated employees of Euless, the City can capitalize on opportunities and continue to build a vibrant community. GOALS AND OBJECTIVES The FY2015-16 budget continues to reflect the City Council’s conservative fiscal policy direction. The major short-term objectives of the budget process each year are to: 1) continue all existing services for citizens; 2) maintain a competitive employee compensation package; 3) preserve appropriate reserve levels in accordance with the City’s fiscal policies on pages 54-60; 4) identify cost saving measures; 5) provide funding to implement the City Council’s strategic plans while considering the impact on the City’s tax rate; and 6) provide for appropriate levels of staffing as shown in the following table. Multi-Year Full-Time Staffing Levels FY14 FY15 FY15 FY16 Actual Budgeted Estimated Proposed General Fund-FT 263.25 265.25 263.75 266.25 Enterprise-FT 65.75 67.75 67.25 67.75 Special Revenue-FT 42.5 45.5 45.5 44.5 Internal Service-FT 1.5 1.5 1.5 1.5 Total-FT 373 380 378 380 The approved FY2015-16 budget meets the objectives stated above by providing: v   Continuation of all current programs and services for citizens,  Funding to continue a step pay plan for all non-exempt and public safety employees, a 3.25% merit based salary increase for exempt employees and a 3.25% movement in the pay plan for non-exempt employees and public safety personnel,  Reserve levels which meet or exceed requirements established in the fiscal policy. Per these fiscal policies, surpluses in excess of the minimum required reserve may be used, when needed, to cash flow capital equipment purchases and capital improvement projects to limit debt issuance, and  An unchanged property tax rate of $0.4675 per $100 of assessed valuation for FY2015-16. This was accomplished by holding departmental expenditures, utilizing a portion of the short-term motor vehicle tax, and limiting the issuance of debt. GENERAL FUND REVENUES The General Fund resources are proposed at $39,766,283, which includes $37,355,090 in revenues and $2,411,193 of budgeted fund balance drawdown. The City’s fiscal policies provide for a General Fund reserve equal to between 30 and 60 days of working capital. At no time shall the reserve fall below 8.2% of the General Fund expenditure budget (i.e. 30-day level). The current reserve is maintained at 60 days which equates to approximately 16.4% of next year’s budgeted expenditures. In order to minimize debt issuance, the City has chosen to cash flow capital expenditures from excess reserves when available. As shown on page 10, the recommended reserve level for FY2015-16 is $6,139,574. The estimated beginning fund balance is $8,919,644, leaving $2,780,070, to fund the budgeted drawdown mentioned above. Proposed revenue for FY2015-16 assumes overall growth of 5% from the FY2014-15 original budget. Revenues were projected based on economic forecasting and utilization of trending techniques. This methodology has proven to be successful for the City in the past. Funding of the City’s General Fund operations is derived from six (6) major revenue categories which include sales taxes, property taxes, gross receipts taxes, licenses and permits, fines and fees, and intergovernmental transfers. Each of these revenue sources is detailed as follows with a brief description of how internal and external factors affect each revenue amount. Sales Tax Revenues Revenue collected from sales taxes is the largest component of the General Fund. Over the last few years property taxes have exceeded sales tax collections. Estimates for FY2014-15 and projections for FY2015- 16 are to collect more dollars from sales tax than property taxes. Sales taxes in the General Fund account for 32% of total revenues. Sales tax receipts are the result of a tax levy on the sale of goods and services within the City as authorized by the State of Texas. The sales tax rate for the City of Euless is 8.25¢. Of this amount, the State receives 6.25¢ and the City receives 2¢. Of the City’s portion, the General Fund receives 1.25¢ which includes a ¼¢ for property tax relief. In addition in 1995, the citizens of Euless voted to levy an additional ¼¢ sales tax for the Crime Control and Prevention District (CCPD) and in 1993 a ½¢ sales tax for the Euless Development Corporation (EDC) which are reported as blended component units of the City in Special Revenue Funds. The City’s economic development department continues to seek development opportunities to further diversify the sales tax base. It is the City’s $0 $4 $8 $12 $16 2007 2008 2009 2010 2011 2012 2013 2014 2015 Est. 2016 Prop.(in millions)Total Sales Tax Collections General EDC CCPD vi  policy to use a conservative approach in forecasting this revenue source due to volatility and high dependence on local economic conditions. The 1¢ General Fund sales tax is expected to generate $9,442,356 in FY2015-16 and the ¼¢ additional sales tax for property tax relief is anticipated to generate $2,360,589. As the total sales tax collections chart indicates, this revenue source has grown significantly over the last decade, which has increased the City’s risk and vulnerability to adverse changes in economic conditions. The chart indicates that in FY2007-08, the sales tax reached a peak, at $9.0 million in the General Fund and over $14.3 million in total. However, the City realized a sharp decline in this revenue in both FY2008- 09 and FY2009-10. For FY2015-16, total sales tax revenues are projected to increase by another 2.5% over the previous year’s estimated revenues plus estimates for new development. This increase is based on historical trends and continued economic growth. Projecting sales tax revenues in future years continues to be challenging given the uncertain impact of development efforts, legislative initiatives, and economic conditions. General Property Taxes The second major financial consideration that guides the development of the budget for the upcoming year is the projection of property tax revenues. This revenue is based on information from the Certified Tax Roll received July 25th from the Tarrant Appraisal District (TAD). After the roll is received, the tax rate is set by the City Council based on both the debt rate required to pay annual debt service on the City’s general bonded indebtedness and funds needed for maintenance and operations. Property taxes are levied each October 1 on the assessed value as of the prior January 1 for all real, business, and personal property located in the City. Assessed value represents the appraised value less applicable exemptions authorized by the City Council. Appraised values are established by TAD at 100% of estimated market value. Taxes are due October 1 and are delinquent after January 31. Penalty and interest are charged at 7% on delinquent taxes beginning February 1 and increase incrementally each month to 18% on July 1. After July 1, additional interest accrues at a rate of 1% each month. These penalties and interest do not apply to taxpayers who choose to pay their tax bill quarterly. Certified property valuations for tax year 2015, including minimum value of property under protest, provided to the City by TAD totaled $3,153,297,953, an increase of $103,008,290 from the 2014 tax roll of $3,050,289,663. The certified roll reflects all taxable property in the City as of January 1, 2015. The current certified values show an increase of 3.38% over the prior year. Over a twenty-one year period, property values have increased $2.18 billion and currently total $3.15 billion as shown by the graph. The City’s adopted tax rate is $0.4675 per $100 of assessed valuation. $0.97 $1.40 $2.60 $2.73 $2.65 $2.50 $2.66 $2.76 $2.86 $3.05 $3.15 0.75 1.25 1.75 2.25 2.75 3.25 3.75 1995 2000 2008 2009 2010 2011 2012 2013 2014 2015 2016Value (billions)Fiscal  Year Taxable Assessed Valuation vii  Over the same period of time, Euless’ tax rate has declined steadily from 61.6¢ in 1995 to an adopted rate of 46.75¢ for FY2015-16, which is flat from FY2014- 15. The property tax rate has decreased 14.85¢ over the past twenty-one years as reflected in the graph. The City’s willingness to lower the tax rate in strong economic times and maintain the tax rate during recessed economic times has proven very beneficial to the citizens of Euless. In addition to the tax relief provided during this time, the City grants exemptions for homesteads allowed by state law and provides senior and disabled citizen exemptions. In 2004, the City established an irrevocable tax freeze on the residential homesteads of disabled persons and residential homesteads of persons age 65 years or older. General property tax revenues are anticipated to generate $11,332,966 (including delinquent taxes and related penalties but not TIRZ revenues) which accounts for 31% of all General Fund revenue. Gross Receipt Tax Gross Receipt/Franchise Taxes are charged to utility companies for the privilege of using right-of-way within the City. The City Council authorized a 5% charge on gas, garbage, recycling, water and wastewater, and cable receipts. Electric utilities pay a fee based on the kilowatt hours provided to customers within the City of Euless. Telecommunications companies remit payments based on a per line access fee. Total gross receipt/franchise taxes are estimated at $4,440,505 which represents nearly 12% of the General Fund revenues. Licenses and Permit Fees Licenses and permit fees represent 3% of General Fund revenues and include charges by the City for certain types of operator licenses and permits for construction and other items regulated by City ordinance. Building activity remained strong through FY2013-14 and FY2014-15. FY2015-16 is expected to decrease slightly from these highs. Fines and Fees Fines and fees represent 13% of the General Fund revenues and include revenue generated from municipal court cases, ambulance fees, jail revenues and library fees. Fines and fees are projected to decrease from prior year original budget projections specifically in municipal court and jail revenues. Intergovernmental Transfers Intergovernmental transfers represent 7% of General Fund revenues which includes general and administrative transfers from the Water and Wastewater Fund, the Drainage Fund, and the Short-term Motor Vehicle Fund. GENERAL FUND EXPENDITURES General Fund operating expenditures are projected at $37,349,074, which represents an increase of 5% from the FY2014-15 original budget excluding capital programs. This increase is primarily attributed to rebates associated with increased revenues and the employees’ pay plan and associated benefits. The baseline budget has also increased due to rising costs in maintenance, supplies, and utilities, as well as increased transfers for equipment replacement. The adopted budget includes the use of excess reserves -$0.05 $0.05 $0.15 $0.25 $0.35 $0.45 $0.55 $0.65 1995 2000 2008 2009 2010 2011 2012 2013 2014 2015 2016 Property Tax Rate History O&M I&S viii  in the amount of $2,411,193 to cash flow capital programs. Capital programs include funding for the City’s computer replacement programs, career preparation programing funds with the local school district, fire suppression and EMS equipment, continuation of the local Selective Traffic Enforcement Program (STEP), equipment for the Euless Family Life Center, street overlay funds, and various facility maintenance items. In addition, the FY2015-16 budget includes funding for continued technological advancements in the City’s municipal court operations. A breakdown of General Fund Revenues and Expenditures is graphed as follows: In accordance with the City’s fiscal policy, all current expenditures will be paid from current revenues. The budgeted General Fund reserve, as provided for in the fiscal policies, is equal to 60 days of working capital which equals 16.4% of budgeted General Fund expenditures. The fund balance summary, provided on page 10, verifies that the City has complied with this policy. Only excess reserves have been used to fund capital needs. A detail of capital expenses can be found on page 30-32. WATER & WASTEWATER FUND REVENUES Resources available in the Water and Wastewater fund totaled $22,825,496, which includes $22,346,434 in revenues and $479,062 of budgeted drawdown from excess reserves. The water and wastewater revenue projection is based on average historical consumption, with proposed increases in both water and wastewater rates. Budgeted water revenues are calculated utilizing a base rate of $9.75 per month for residential customers and a variable commercial customer base rate based on meter size. In an effort to promote continued water conservation, the City’s water rates are structured whereby customers pay a graduated volume rate based on varying levels of monthly water consumption. The FY2015-16 budget includes an increase in the rate for potable water consumption of 27¢ per thousand gallons on all tiers. This increase is based upon increased costs of production including cost for water purchased from Trinity River Authority (TRA). Total revenue projections are reduced by a rebate to single family residential customers of 15¢ per thousand gallons used up to a maximum of 15,000 gallons per month. The City’s rate stabilization fund will provide the resources to cover the cost of the rebates for FY2015-16. Budgeted wastewater revenue is calculated on a base rate of $8.50 per month for all customer classes, and a volume charge of $3.59 per 1,000 gallons of wastewater treatment up to a maximum of 12,000 gallons for residential customers. This is an increase of 26¢ per thousand gallons which is primarily related to increased cost of collection and treatment including cost increases from TRA for wastewater treatment. No maximum applies to commercial customers for wastewater treatment. Property Tax 31% Sales Tax 32%Licenses/ Permits 3% Franchise Fees 12% Fines/Fees 13% Interest 0% Transfers 7% Misc. 2% Revenues Admin 12% PD 33% Fire 24% Dev 2% Capital 6% Non-dept 12%PW 5% PACS 6% ExpendituresGeneral Fund ix  The City’s fiscal policy requires the Water and Wastewater Fund to maintain a minimum of 45 to 75 days working capital. The City of Euless currently maintains a 75 day reserve. As mentioned, the City has chosen to cash flow capital expenses from excess reserve levels when available. As shown on page 13, the recommended reserve level for the Water and Wastewater Fund is $4,569,028. The estimated beginning working capital for FY2015-16 totals $4,942,139, leaving $373,111 to fund the budgeted drawdown mentioned above. In addition to water and wastewater charges, this fund derives its revenues from sanitation service, recycling, reconnection fees, inspection fees, transfer fees, late payment penalties, and interest earnings. Actual revenue in this enterprise fund varies seasonally and can fluctuate substantially based on weather conditions. Revenues and Expenditures of the Water and Wastewater Fund are graphed below: WATER & WASTEWATER FUND EXPENDITURES Water and Wastewater Fund operating expenditures are projected at $22,235,934. This is an increase of 6% from the FY2014-15 original budget excluding capital programs. The majority of this increase is directly related to the cost wastewater treatment by TRA, debt service, service center and equipment replacement fees, utilities, and ground water production fees. Additional funds have been allocated to fund the employees’ pay plan and associated benefits. This budget meets the criteria set forth in the City’s fiscal policies with reserves calculated at the maximum requirement of 75 days of working capital. Budgeted expenditures in the Water and Wastewater fund provide for the production and distribution of water, transmission and treatment of wastewater, recycling, and utility billing and collections. The FY2015- 16 budget also includes a transfer from the operating fund to the capital projects fund for capital improvements detailed in the Water and Wastewater Capital Projects section below. The adopted budget includes the use of excess reserves in the amount of $479,062 to cash flow capital programs. Capital programs include funding for the City’s computer replacement program, CAD License upgrade, a valve trailer, a sewer camera, and miscellaneous well lot infrastructure repairs. Unreserved funds in excess of the recommended reserve levels are used for rate stabilization in future years. WATER AND WASTEWATER CAPITAL PROJECTS The Water and Wastewater Capital Projects Fund includes line replacement at Donley and Shelmar Drive, line relocate at Ector Drive, Reclaimed Water Line Extension Phase III, and a wastewater line replacement at Glenn Drive. This budget also includes continued funding for miscellaneous water and wastewater projects, well repairs and ongoing valve replacements. Additional information is provided in the Capital Water 56% Sanitation 1% Other 2% WW 38% Reclaimed 1% Penalties 1%Recycle 1% Revenues Production 32% Dist. 4%WW 19% PW 2% GIS 2% Non-Dept. 37% Capital 2%Billing 2% ExpendituresWater & Wastewater x  Improvement Program section of the budget on pages 124-140, as well as in the Capital Improvement Program issued under separate cover. WATER AND WASTEWATER RESERVE REQUIREMENTS Water and Wastewater revenue bond covenants require the City to have on-hand reserve amounts sufficient to cover the cost of the average annual debt service on outstanding bonds. This reserve is in addition to the working capital required by the City’s fiscal policies and is maintained in a separate fund. For the FY2015-16 budget, the required reserve is $646,956. INTERNAL SERVICE FUNDS Health Insurance Fund The City provides employee medical insurance coverage on a self-insured basis. The employee pays a portion of the insurance coverage cost. The excess coverage insurance policy for FY2015-16 requires a specific deductible of $100,000 per person plus an aggregated specific deductible of $110,000 and covers aggregate claims in excess of $5,282,251. The excess policy also allows higher specific deductibles for certain individuals as deemed necessary. Fleet Replacement Fund The City maintains a Fleet Replacement Fund to accumulate resources for the replacement of existing equipment. In an effort to assist in fuel conservation, the proposed replacement schedule includes recommendations for alternative fuel and fuel efficient vehicles, where feasible. Funding is provided annually by the user departments with the FY2015-16 funding based on a depreciation rate of 55%. 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. This tax is levied on the rental rate for a hotel/motel room. Funds generated by this occupancy tax must be expended for items that qualify in accordance with state law including promotion of tourism, programs which enhance the arts, historical preservation programs, and convention facilities. This revenue source provides funding for the Texas Star Conference Centre and historical preservation. The Hotel/Motel tax receipts are projected to increase in FY2015-16 from FY2014-15 original budget projections. Most of this increase is due to a new hotel opening at DFW Airport. Some of these proceeds will be shared per the revenue sharing agreement with the cities of Dallas and Fort Worth. Half-Cent Sales Tax Fund Euless citizens approved an additional ½¢ sales tax in 1993 that is restricted for parks, library, and economic development activities. Sales tax revenue projections for FY2015-16 were calculated using the estimated collections through the end of this fiscal year plus a 2.5% growth factor and known adjustments. Expenses in this fund include an increase to fund the employees’ pay plan and associated benefits, as well as additional part-time funding for the outdoor portion of the aquatic’s center. Recommended capital programs, as detailed on page 31, includes the continued computer replacement program, library furniture, funds for a parks planning consultant, parks equipment, transfer for miscellaneous parks improvements and a transfer for Texas Star Sports Complex Phase V improvements. The recommended budget for FY2015-16 maintains the recommended reserve level of $500,000. Police Drug Enforcement Fund This fund was established to account for the proceeds from sale of assets seized in connection with drug arrests. These revenues are used exclusively for Police Department expenditures and have allowed the xi  City to upgrade police radio systems, provide protection gear for officers, purchase additional police vehicles, purchase a mobile sky watch trailer, purchase a state of the art security system for the new police facility, and develop the Commercial Vehicle Enforcement program. Crime Control and Prevention District Fund The Crime Control and Prevention District Fund is used to account for an additional ¼¢ voter-approved sales tax. State law restricts the use of these funds to crime control and prevention activities. This revenue source provides funding for several public safety positions. The FY2015-16 budget also includes additional funding for part-time dispatcher and part-time detention Public Safety Officer programs, and various items of equipment and building maintenance. Short-Term Motor Vehicle 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. Annual transfers for FY2015-16 include transfers to the General Fund, Equipment Replacement Fund, and General Obligation Debt Service Fund. Recommended capital items include transfers for ADA facility improvements, construction of the Development / Engineering Building, 40th Year CDBG, Glade Parks Trail Connection, and a reserve for future participation in the Harwood Road extension. Staff has maintained the $2,000,000 reserve level approved by the City Council. OTHER ENTERPRISE FUNDS Programs/Special Events Fund The Programs and Special Events Fund provides outstanding community activities for citizens. The activities financed from this fund range from youth programs to senior citizen activities, and provide funding for many activities at the Euless Family Life Center. Drainage Utility Fund This fund was established to account for the acquisition, operation, and maintenance of a municipal drainage utility. User fees collected on a monthly basis from residential and commercial customers support this fund. The FY2015-16 residential monthly rate of $2.50 remains competitive and unchanged from the prior year. Monthly commercial drainage fees are based upon lot size and also remain unchanged from the prior year rates. This revenue source is used to fund drainage capital improvement projects as well as maintenance of the drainage system. Texas Star Golf Course The Texas Star Golf Course and Conference Centre is a vibrant part of the Euless community. This facility is well-known for world class golf that is secluded in the midst of the Dallas/Fort Worth Metroplex. This challenging course has been recognized as a premier municipal facility by leading golf publications, including Golf Digest and Golfweek. During FY2014-15 Texas Star Golf Course received a 4 ½ star rating from Golf Digest for the 15th consecutive year and listed in top places to play in Texas. The Course was named by Golf Week and Avid Golfer as one of the Top Ranked Municipal Golf Courses in the Metroplex. Avid Golfer also ranked Raven’s Grille in the top five for best service and best place to dine before or after your golf experience. Raven’s Grille and the Conference Centre continue to receive rave reviews. The Conference Centre has 7,000 square feet of divisible space and hosts business conferences, weddings, concerts and other events. The FY2015-16 budget includes proposed revenues of $4,594,912 and proposed operating expenses of $4,544,913. xii  Texas Star Sports Complex Softball World and the Parks at Texas Star provide a valuable addition to the City's recreational program and facilities. These facilities are deemed an amateur athlete’s dream. They provide the perfect location for tournaments and special events. The Texas Star Sports Complex registered over 1,400 league teams and over 1,200 tournament teams between the two facilities in FY2014-15. The FY2015-16 budget for this combined complex includes proposed resources of $1,575,440 and proposed expenses of $1,570,007. LONG-TERM FOCUS Multi-Year Financial Plan To this point, the budget message has focused on short-term financial policies and goals that guide the development of the budget for the upcoming year. Long-term financial goals and issues are examined each year through the preparation of the Multi-Year Financial Plan, which covers the next five years. Decisions for the upcoming year are not made without considering the long-term financial impact. The plan is an essential component of each year’s budget process. Expenditures are projected at moderate growth and funding strategies are developed to provide for this growth. Potential revenue sources, cost saving strategies, and debt issuance are considered before property tax rate changes or utility rate changes are factored into the plan to balance the projected budgets. The Multi-Year Financial Plan is located in Appendix D starting on page 195. Capital Improvement Plan Another important long-term planning document is the Capital Improvements Program (CIP). The City has created and produced, under separate cover, a CIP to address many of its long-term goals which include: maintaining and constructing infrastructure and municipal facilities in accordance with the CIP Plan and Facilities Master Plan while maintaining consistent debt levels; completing park projects that have been identified by the Parks Master Plan; and promoting community revitalization. The program includes a framework for assessing the fiscal impact of identified projects. The capital program is reviewed annually to reflect changing priorities and funding availability. The CIP Plan meets the City Council’s goal of continuing current programs and services for citizens by upgrading amenities and reconstructing infrastructure. Many of the projects will enhance programs and service levels for citizens. The program identifies potential projects which are described in detail and prioritized. Projects scheduled for consideration in the FY2015-16 budget are matched with funding sources. Projects scheduled for consideration within the next five years are included in the preparation of the multi-year plan with potential funding sources identified and operational impacts included in the appropriate funds. The multi-year capital plan is a useful tool that allows the City to evaluate the operating impact of future capital projects. Projects funded through the issuance of debt impact operating budgets and are planned accordingly. The FY2015-16 budget includes a variety of capital improvement projects, as detailed in the capital section of this document on pages 124-140 and in the CIP under separate cover. With the exception of the reclaimed water project and infrastructure improvements at Glade Parks and Midtown, these projects will be funded through operating transfers or excess reserves, therefore alleviating the need for additional debt. Debt for the reclaimed water line is being issued in phases to minimize the operational impact. Additional debt for Glade Parks and Midtown will be issued when warranted by development in accordance with the developer’s agreements. The FY2015-16 CIP budget includes total resources available (including intergovernmental transfers) of $54,440,878 and capital expenditures (including on-going funded projects) of $47,322,929. The budget cycle of the capital project funds is different from the budget cycle of operating funds. The most significant difference is the method of financing. Capital projects are often financed through the use of nonrecurring xiii  sources, specifically, bond proceeds and the use of excess reserves. Therefore, the money is received in one fiscal year and the payment of the project expenses often extends over several fiscal years. As in the past, excess operational revenues will have a priority to fund capital projects in order to reduce interest expense related to bond issues. Additional funding for future projects will include the consideration of grant availability, self-sufficiency of revenue type bonds, and debt capacity. The FY2015-16 budget further addresses the goal of maintaining infrastructure by allocating funds to continue the annual street maintenance and street overlay programs, Americans with Disabilities Act (ADA) accessible sidewalk and facility improvements, water and wastewater system rehabilitation, water well repairs, and valve replacement. GENERAL DISCUSSION OF LONG-TERM DEBT POLICIES/OBJECTIVES The City Council and citizens of Euless have determined that debt issuance is a viable method of financing major capital projects. Per the City’s fiscal policies, long-term debt will not be used for operating purposes and the life of the debt instruments will not exceed the useful life of the projects financed. The City has also specified that bonds with an average life of 20 years or less will be issued to reduce net interest cost and maintain future flexibility by paying off debt earlier. The majority of the City’s long-term debt has been used to finance infrastructure needs and traditional government facilities such as streets, public safety facilities, libraries, and park development. The following discussion highlights the City’s legal restrictions and requirements relating to debt issuance, types of debt issuance and the impact of the CIP on City operations and debt service amounts. Authorization to Issue Debt/Legal Debt Margin As set forth in the Constitution of the State of Texas, cities with a population of 5,000 or more inhabitants may, by majority vote of the qualified voters adopt or amend charters to become “home rule cities.” Euless, being a home rule City, has adopted a Charter. The Charter provides in Article VIII, Section 4 that: “It shall be the duty of the Council to levy an annual tax sufficient to pay the interest on and provide the necessary sinking fund required by law on all outstanding general obligation bonds of the City.” In accordance with the State of Texas Constitution, the City of Euless has not exceeded the legal debt limit as calculated: Taxable Assessed Valuation $3,153,297,953 Constitutional Limit 2.5% of assessed valuation Maximum Constitutional Revenue Available $78,832,449 Maximum Tax Rate $2.50 per $100 assessed valuation Adopted Tax Rate $0.4675 per $100 of valuation Available Unused Constitutional Maximum Tax Rate $2.0325 Types of Debt Outstanding The City has existing long-term debt for the acquisition and construction of major capital facilities, infrastructure, and equipment. The City has identified four projects in the CIP Plan that may require debt issuance. Based on the budget as adopted, the City issued $1.5 million in water and wastewater revenue xiv  debt for the first phase of the reclaimed water line extension during FY2012-13 and a second phase through a low interest loan and loan forgiveness program with the Texas Water Development Board. A third phase of the expansion of the system is planned for 2016 depending on the availability of additional low interest loans or grants. Debt issued for this project will be repaid by the utility system. Additional debt will be needed for infrastructure improvements at Glade Parks and Midtown, as development on these properties progress. Although this debt will be secured by the City’s ad valorem tax base, it will be funded from the proceeds of Tax Increment Reinvestment Zones and Public Improvement Districts (PID). A brief explanation of various debt instruments is provided below. Additional information on the debt is included in pages 141-166 of this book. General Obligation Bonds – are issued pursuant to voter authorization for infrastructure and facility projects. General Obligation Refunding Bonds – are issued to refund existing General Obligation Bonds and Certificates of Obligations in order to lower the overall debt service requirements of the City. These bonds do not require voter authorization. Certificates of Obligation – are similar to General Obligation bonded debt in their intended usage but do not require voter authorization and cannot be used for refunding existing debt. Water and Wastewater Revenue Bonds – are 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 are repaid from revenues of this enterprise fund. Sales Tax Revenue Bonds – are used to finance library, park, and economic development projects. Sales tax revenue bonds are repaid from the half-cent sales tax revenues collected by the Euless Development Corporation. Impact of Capital Improvement Program The City recognizes that many capital projects will have an impact on future operating budgets. Although the reconstruction of streets and replacement of water and wastewater lines impacts operations by reducing maintenance costs, these funds are redirected for additional maintenance throughout the City. Therefore, the net effect to operations and maintenance cost is expected to be minimal. However, there are many positive impacts to citizens including improved driving conditions and improved water and wastewater flow due to line replacements. New and expanded facilities will have some impact on operations, specifically, in additional utility, maintenance and janitorial costs. These costs are incorporated in the operational budgets and the multi-year financial plan. Further detail on the operational impact is provided in the CIP document. ECONOMIC CONDITION The City of Euless is located in Tarrant County in the heart of the Dallas/Fort Worth (DFW) Metroplex and adjacent to the DFW International Airport. Thus, the economic vitality of the region significantly impacts the economic health of Euless. DFW Airport is the fourth busiest airport in the US and eighth busiest in the world according to flightstats.com. The airport handles approximately 175,829 passengers a day and over 64 million passengers a year according to dfwairport.com. DFW Airport provides service to 209 destinations. DFW is the largest metropolitan area in Texas and has sustained tremendous growth during the past decade. It is reported by the airport that economic activity across the North Texas area attributable to xv  DFW Airport totals $37 billion in economic output, 143,000 in full-time jobs, and $9.4 billion in payroll. DFW Metroplex, according to the North Texas Commission, with its highly-diversified economy has a population of over 6.9 million, a Gross Metro Product of $404 billion, a labor force of over 3.56 million, employment of over 3.42 million, an unemployment rate of 3.9%, 21 Fortune 500 Firms, and college enrollment of almost 338 thousand. Such an economic environment has helped the region weather economic downturns in key sectors better than other regions in the nation. The Alliance Texas development in North Fort Worth is an 18,000-acre master-planned, mixed-use community which is home to 425 companies, 44,000 employees, 8,750+ single-family homes, and is anchored by the inland port known as the Alliance Global Logistics Hub. This area offers a variety of commercial real estate options, industrial space, office space, and retail facilities and has a $4.75 billion annual impact in North Texas (www.allianceairport.com, Alliance Texas Facts). Taxable value for all residential and commercial property in the City of Euless is estimated at approximately $3.15 billion for tax year 2015, which is a 3.38% increase from the prior year, due primarily to an increase in residential and commercial property values. Sales tax collections increased during FY2014-15. Euless continues to look for additional revenue opportunities in order to minimize the tax burden to citizens and strives to cut costs without impacting service. The City also receives a significant amount of revenue from a consolidated rental car facility located at DFW Airport. The City Council has chosen to use this funding source to build reserves and to cash flow capital projects in lieu of debt issuance. This has allowed the City to refrain from becoming overly dependent on a volatile resource while providing for needed improvements for citizens. The City of Euless has approximately 766 acres of undeveloped land outside of DFW Airport and another 1,700 developable acres within DFW airport. The Glade Parks mixed-use development consisting of major retail, restaurants, neighborhood pedestrian-oriented retail uses and residential neighborhoods is currently under construction. The Dallas Cowboys AT&T Stadium and Texas Rangers Globe Life Park in Arlington, within minutes of Euless, continue to attract additional tourism to the City by hosting major concerts and sporting events, including Super Bowl XLV in 2011, World Series in 2010 and 2011, NCAA Regional Basketball Tournament in 2013, the NCAA Final Four Basketball Tournament in 2014, and the first College Playoff National Championship game in 2015. During the past few years, Euless has realized new commercial, industrial, residential, and multi-family developments. The City of Euless is focused on bringing quality development to the area, seeking redevelopment opportunities and promoting business retention. IN SUMMARY Management and staff are very pleased with the direction and vision of Euless. Staff has worked hard to provide successful government programs and services to the community in an effective and efficient manner. These programs are intended to provide the community with an improved quality of life. In looking to the future, the goal is to continue to provide high quality government services and improve the quality of life for Euless residents with available resources. ABOUT THIS BOOK...Understanding how to use this book most efficiently is the key to absorbing the volume of data needed to analyze information and make informed decisions. Changes have been made to this document to identify budget information required by the City Charter and adopted by City Council. Supplemental information is provided for informational purposes only and is not formally approved as part of the budget process. Other changes have been made from previous years in an effort to make the document more user friendly by condensing the volume of data presented. Supplemental information is xvi  now reported at the department or fund level rather than division level, charts and graphs have been used when possible to provide information at a glance and comparison data has been limited to prior year actual budget, estimated and proposed. A copy of this document will be in the library for citizen review and is available on the City’s website at www.eulesstx.gov/finance. The City’s Capital Improvements Program (CIP) Document is printed separately. This document includes details of funded, unfunded, and completed capital projects. Descriptions, cost estimates, and priority status is also provided for each project. The Mayor and Council have been very supportive during the budget process, and on behalf of all employees I want to thank you for your time and involvement in developing a budget that will allow us to pursue the City’s goals and objectives. As always, the City of Euless staff welcomes and appreciates your comments. Respectfully submitted, Loretta Getchell City Manager COUNCIL ADOPTED 2015-16 ANNUAL CITY OF EULESS BUDGET COMBINED SUMMARY OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BY CATEGORY Includes All Funds Subject to Appropriation with Comparison to Prior Years 8,919,644$ 10,168,314$ 750,824$ 5,544,712$ 6,713,162$ 5,076,341$ 20,230,749$ BUDGETED REVENUES Property Taxes 11,372,966$ 451,972$ 2,961,912$ -$ -$ -$ -$ Gross Receipts Tax 4,440,505$ 120,000$ -$ -$ -$ -$ -$ General Sales Tax 11,802,945$ 7,051,421$ -$ -$ -$ -$ -$ Selective Sales Tax 82,400$ 14,519,469$ -$ -$ -$ -$ -$ Fines/Fees/Penalties 1,988,000$ -$ 21,081$ 237,000$ -$ -$ -$ Licenses & Permits 819,300$ -$ -$ -$ -$ -$ -$ Interest Income 35,000$ 17,600$ 820$ 12,480$ 13,200$ 6,350$ 8$ Intergovernmental Revenue 399,700$ 70,000$ -$ -$ -$ -$ 1,595,206$ Charges for Service 3,135,627$ 101,000$ -$ 28,998,749$ -$ -$ 162,755$ Miscellaneous/Rental Income 560,350$ -$ 495,000$ 178,895$ -$ 306,675$ 270,304$ Insurance/Risk/Other Sources -$ -$ -$ -$ 2,137,386$ -$ 25,831,447$ Revenues before Transfers 34,636,793 22,331,462 3,478,813 29,427,124 2,150,586 313,025 27,859,720 Transfers from other funds 2,718,297$ 77,169$ 3,209,979$ 1,728,124$ 6,785,847$ -$ 6,522,075$ TOTAL REVENUES 37,355,090 22,408,631 6,688,792 31,155,248 8,936,433 313,025 34,381,795 AVAILABLE RESOURCES 46,274,734$ 32,576,945$ 7,439,616$ 36,699,960$ 15,649,595$ 5,389,366$ 54,612,544$ BUDGETED EXPENDITURES Personal Services 28,624,154$ 4,950,405$ -$ 8,034,757$ 668,996$ -$ -$ Professional/Technical Services 1,254,323$ 236,370$ -$ 2,354,687$ 238,900$ -$ 789,329$ Contractual Services 12,000$ -$ -$ 16,410$ -$ -$ 74,965$ Utilities 1,243,261$ 307,000$ -$ 11,978,359$ -$ -$ 100,000$ Maintenance 1,178,590$ -$ -$ 795,966$ -$ -$ -$ Other Services/Contingencies 439,105$ 70,525$ -$ 218,205$ 436,159$ -$ 1,062,260$ Insurance 4,640$ -$ -$ 40,400$ 5,997,308$ -$ -$ General & Administrative 170,893$ 77,500$ -$ 127,254$ 532$ -$ 242$ Rebates/Incentives 2,074,772$ 9,883,100$ -$ -$ -$ -$ 16,682,755$ Supplies 1,054,752$ 445,880$ -$ 2,067,350$ 10,375$ -$ 91,963$ Capital & Infrastructure Improv.-$ -$ -$ -$ -$ -$ 27,793,520$ Capital Purchases (Equipment)1,911,433$ 4,784,282$ -$ 698,598$ 1,908,527$ -$ -$ Debt Service/Bank Charges 6,000$ 175,876$ 6,802,857$ 6,000$ -$ -$ 200,262$ Expenditures before Trans. 37,973,923 20,930,938 6,802,857 26,337,986 9,260,797 - 46,795,296 Transfers to other funds 1,786,344$ 5,813,354$ -$ 5,307,709$ -$ 1,465,235$ 527,633$ TOTAL EXPENDITURES 39,760,267 26,744,292 6,802,857 31,645,695 9,260,797 1,465,235 47,322,929 ENDING BALANCE DESIGNATED 79,893$ 67,209$ 59,410$ -$ 800,000$ 2,002,798$ -$ UNDESIGNATED 6,434,574$ 5,765,444$ 577,349$ 5,054,265$ 5,588,798$ 1,921,333$ 7,289,615$ PROJECTED ENDING FUND BALANCE 6,514,467$ 5,832,653$ 636,759$ 5,054,265$ 6,388,798$ 3,924,131$ 7,289,615$ RECOMMENDED RESERVES PER FISCAL POLICY 6,139,574 2,945,540 383,988 4,829,779 5,303,909 1,256,490 - BEGINNING FUND BALANCE GENERAL FUND SPECIAL REVENUE FUNDS DEBT SERVICE FUNDS ENTERPRISE FUNDS INTERNAL SERVICE FUNDS CAPITAL IMPROVEMENT FUNDS RESERVE FUNDS xvii COUNCIL ADOPTED 2015-16 ANNUAL CITY OF EULESS BUDGET COMBINED SUMMARY OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BY CATEGORY Includes All Funds Subject to Appropriation with Comparison to Prior Years BUDGETED REVENUES Property Taxes Gross Receipts Tax General Sales Tax Selective Sales Tax Fines/Fees/Penalties Licenses & Permits Interest Income Intergovernmental Revenue Charges for Service Miscellaneous/Rental Income Insurance/Risk/Other Sources Revenues before Transfers Transfers from other funds TOTAL REVENUES AVAILABLE RESOURCES BUDGETED EXPENDITURES Personal Services Professional/Technical Services Contractual Services Utilities Maintenance Other Services/Contingencies Insurance General & Administrative Rebates/Incentives Supplies Capital & Infrastructure Improv. Capital Purchases (Equipment) Debt Service/Bank Charges Expenditures before Trans. Transfers to other funds TOTAL EXPENDITURES ENDING BALANCE DESIGNATED UNDESIGNATED PROJECTED ENDING FUND BALANCE RECOMMENDED RESERVES PER FISCAL POLICY BEGINNING FUND BALANCE FY 2014-15 FY 2014-15 FY 2013-14 57,403,746$ 50,717,016$ 50,717,016$ 54,088,815$ 14,786,850$ 14,201,669$ 14,288,395$ 13,399,163$ 4,560,505$ 4,296,974$ 4,467,734$ 4,458,682$ 18,854,366$ 17,679,843$ 18,117,831$ 17,525,123$ 14,601,869$ 14,252,560$ 14,620,079$ 14,494,991$ 2,246,081$ 2,492,463$ 2,108,800$ 2,523,559$ 819,300$ 810,200$ 1,025,742$ 1,068,224$ 85,458$ 91,100$ 96,810$ 104,435$ 2,064,906$ 843,678$ 1,213,143$ 707,473$ 32,398,131$ 30,895,315$ 30,010,810$ 28,622,177$ 1,811,224$ 1,523,090$ 1,831,416$ 2,442,373$ 27,968,833$ 20,724,654$ 24,058,066$ 1,869,349$ 120,197,523 107,811,546 111,838,826 87,215,549 21,041,491$ 19,415,036$ 18,065,335$ 16,788,816$ 141,239,014 127,226,582 129,904,161 104,004,365 198,642,760$ 177,943,598$ 180,621,177$ 158,093,180$ 42,278,312$ 41,075,075$ 40,889,582$ 38,453,136$ 4,873,609$ 4,342,074$ 4,369,009$ 3,656,006$ 103,375$ 101,241$ 29,299$ 42,857$ 13,628,620$ 13,059,978$ 11,869,040$ 12,726,177$ 1,974,556$ 1,831,291$ 1,817,447$ 1,875,138$ 2,226,254$ 1,974,919$ 841,282$ 346,231$ 6,042,348$ 6,671,475$ 6,671,475$ 5,092,081$ 376,421$ 358,647$ 339,907$ 242,034$ 28,640,627$ 11,409,662$ 11,800,032$ 11,405,582$ 3,670,320$ 3,595,454$ 3,398,327$ 3,074,969$ 27,793,520$ 25,196,090$ 8,685,466$ 5,156,859$ 9,302,840$ 9,549,900$ 4,848,874$ 4,554,528$ 7,190,995$ 7,751,859$ 14,508,381$ 8,025,745$ 148,101,797 126,917,665 110,068,121 94,651,344 14,900,275$ 13,012,499$ 13,149,310$ 12,724,820$ 163,002,072 139,930,164 123,217,431 107,376,164 3,009,310$ 3,541,460$ 3,541,460$ 3,357,565$ 32,631,378$ 34,471,974$ 53,862,286$ 47,359,451$ 35,640,688$ 38,013,434$ 57,403,746$ 50,717,016$ 20,859,280 20,698,121 20,698,121 19,335,897 ACTUAL BUDGET ESTIMATED FY 2015-16 ALL FUND SUMMARY xviii Budget July 28, 2015 Honorable Mayor Linda Martin Honorable City Councilmembers: Tim Stinneford, Place One, Mayor Pro Tem Jeremy Tompkins, Place Two Eddie Price, Place Three Linda Eilenfeldt, Place Four Harry Zimmer, Place Five Perry Bynum, Place Six INTRODUCTION As required by the City of Euless' Home Rule Charter, the operating budget for the fiscal year beginning October 1, 2015 and ending September 30, 2016 is submitted for your review. Although this document contains a large volume of data, the majority of the budget discussion will focus on the Proposed Budget section and the Capital tab (tab 5 of the Supplementary Information section). We encourage you to carefully review the Capital tab, which details the recommended programs for FY2015-16. 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 the budget document. BUDGET HIGHLIGHTS As we prepared this budget, the primary concerns were continuing all existing services for our citizens, maintaining appropriate staffing levels, and preserving reserve levels in accordance with the City’s fiscal policies. Requests for capital items were evaluated and recommendations are based upon need and available funds. These items have been included in the FY2015-16 proposed budget as presented. Highlights of the proposed budget are detailed below: ♦ The property tax rate for the upcoming fiscal year is proposed to remain at 46.75¢ per $100 of assessed valuation. ♦ There are no cuts in programs or services for citizens. ♦ Baseline budget includes a proposed salary plan of 3.25%. 1 ♦ Proposed is a 27¢ increase per thousand gallons on all tiers of potable water and an 8.9% increase to the per meter charge for water, which is equivalent to 80¢ per residential account. This proposed increase is based upon increased costs of production including cost for water purchased from Trinity River Authority (TRA). ♦ An increase of 26¢ per thousand gallons and 75¢ per base charge is proposed on the wastewater rates, which is due to increased cost of collection and treatment including cost increases from TRA. ♦ The water and wastewater operating fund includes a transfer to CIP which continues efforts to cash flow an appropriate level of system infrastructure improvements. ♦ Recommended supplemental programs include towel service for the Euless Family Life Center, overtime funding for the Fire Department, and a part-time clerk to the Public Works department in the General Fund. ♦ Recommended capital items are detailed by fund in tab 5 of this book and have been included in the proposed budget. ♦ This proposed budget transfers one employee from the Seized Asset Fund to the General Fund. GENERAL FUND REVENUES The General Fund revenues are proposed at $37,355,090 which represents an increase of 5% from the previous year’s original budget. Most of the major revenue categories are expected to increase in the upcoming fiscal year. Some of the revenues are decreasing slightly from current year budget expectations. They include penalties, minimum housing, betterment contributions, jail and municipal court revenues. Sales tax revenues are projected to increase 2.5% over estimated current year collections adjusted for known development and anticipated closures. Total General Fund collections for the current year are expected to exceed the original budget expectations by approximately .5%. Property Taxes Property valuations as of July 25th, including minimum value of property under protest and incomplete properties, provided to the City by Tarrant Appraisal District totaled $3,153,297,953 for FY2015-16. This represents an increase of $103,008,290 or 3.4% from the 2015 tax roll of $3,050,289,663. The tax rate proposed for FY2015-16 is unchanged at 46.75¢ per $100 of assessed valuation, which includes 36.5946¢ for maintenance and operations and 10.1554¢ for debt service. Sales Taxes FY2014-15 sales tax collections are projected to end the fiscal year up approximately 2.8% from the original budget. Based upon this information, sales tax projections for FY2015-16 were calculated using the estimated collections through the end of this fiscal year plus a 2.5% overall growth factor adjusted for anticipated development and construction. The resulting increase over current year estimates equates to more than $450,000 or approximately 4%. EXPENSES General Fund operating expenses are proposed at $37,349,074 which represents an increase of 4.5% excluding capital programs. This increase is primarily attributed to rebates associated with increased revenues, employees’ pay plan, utilities, and equipment replacement charges. 2 The increase in rebates is directly associated with a stronger economy and to increased revenue from developments and their related contractual agreements. Recommended capital programs include funding for the City’s computer systems, facility improvements, EMS and fire equipment, street overlay funding, continued participation in the Tarrant County Home Program, and continuation of the local Selective Traffic Enforcement Program (“STEP”). The City strives to cash flow capital needs from excess reserves rather than utilizing debt financing. 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 which represents 16.4% of budgeted General Fund expenses. The fund balance summary verifies that the City has complied with this policy. Excess reserves have only been used to fund proposed capital needs. A detailed list of the recommended capital purchases can be found in tab 5. WATER AND WASTEWATER FUND The FY2015-16 budget includes proposed operating revenues of $22,346,434, which is an increase of 6% over FY2014-15 budgeted revenues. The water and wastewater revenue projections are based on consumption estimates for FY2015-16. Due to conservation efforts, very little growth in volume is expected. A proposed rebate is included for single family residential customers of 15¢ per thousand gallons of water used up to a maximum of 15,000 gallons per month. 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 $22,235,934, which is an increase of 6% over the prior year’s appropriations. Although the anticipated volume of water purchased is nearly flat, the cost of water purchased from TRA is increasing. Wastewater treatment costs charged by TRA are also increasing. Additional funds have been allocated to f und the employees’ pay plan. State regulatory fees increased, as well as electric expenses and transfers for debt service. Increased meter expenses are related to increased development and are offset by increased revenues. Recommended capital programs include funding for the City’s computer replacement program, a sewer line camera, valve and vactor trailer, a waterCAD license upgrade, and well site improvements. 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 Reserve Requirements Water and wastewater revenue bond covenants require the City to maintain sufficient reserves equal to the average annual debt service requirements. This debt reserve is in addition to the working capital reserve required by the City’s fiscal policies and is maintained in a separate fund. The reserve level currently meets the requirements of the bond covenants. 3 EQUIPMENT REPLACEMENT FUND The City maintains an equipment replacement program to accumulate funds for the replacement of existing vehicles and equipment. In an effort to continue the City’s commitment toward fuel conservation, funds are provided for efficient vehicle conversions whenever feasible. Funding is provided annually by user departments with the FY2015-16 funding based on a depreciation rate of 55%. SPECIAL REVENUE FUNDS Hotel/Motel Fund The Hotel/Motel Fund was established to account for a 7% hotel/motel occupancy tax allowed by the State of Texas. The tax is levied on the rental of a hotel/motel room within the City of Euless. Funds generated by this occupancy tax must be expended for items that qualify in accordance with state law including the promotion of tourism, programs which enhance the arts, historical restoration programs, and convention facilities. The hotel/motel tax receipts are projected to increase in FY2015-16 based on current year actual collections and planned development. 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 for FY2015-16 were calculated using the estimated collections through the end of this fiscal year plus a 2.5% growth factor and known development. Expenses in this fund include an increase to fund the employees’ pay plan and associated benefits. Recommended capital programs, as detailed in tab 5, include library upgrades and furniture replacement, computer hardware and software replacements, funding for a park planning consultant and parks equipment, and two capital improvement projects – additional funding for park improvements and contributions towards Texas Star Sports Complex Phase V improvements. The recommended budget for FY2015-16 maintains the recommended reserve level of $500,000. 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. Annual transfers for FY2015-16 include transfers to the General Fund and the General Obligation Debt Service Fund. Recommended capital items include transfers for capital improvement projects such as the ADA facility improvements, reconstruction of the Development/Engineering building, the City contribution to the 40th year CDBG project, a trail connection at Glade Parks, and funds for the East Harwood Road Extension. Staff has maintained the $2,000,000 reserve level approved by the City Council. 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 4 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 have been considered in preparing the multi-year financial plan. This plan is fluid and will be reviewed and updated annually based on infrastructure needs within the City. The FY2015-16 recommended Priority A projects address the City’s goal of maintaining infrastructure by allocating funds to the extension of East Harwood Road, continuing the annual street overlay program, ADA infrastructure improvements, wastewater line replacement at Glenn Drive, water line replacement at Donley, Shelmar, and Ector Drives, and valve replacements. It also includes continuation of the reclaimed water system expansion, construction of the Development/Engineering Building, assistance with public improvements for the Midtown Development, and Texas Star Sports Complex Phase V improvements. LONG-TERM DEBT The City has existing long-term debt issued for the acquisition and construction of major capital facilities, infrastructure, and equipment. The FY2011-12 capital plan included recommended debt issuance for infrastructure improvements at Glade Parks based on a phased approach consistent with development activity to minimize the City’s risk. The debt is being paid by Glade Parks Tax Increment Financing and Public Improvement District funds. Based on the pace of the development and established guidelines it is anticipated that the final phases of this debt will be issued in FY2015-16. The City also anticipates the creation of a tax Increment reinvestment zone and public improvement district to fund public improvements for the Midtown development. These improvements would be funded by the issuance or certificates of obligation and repaid from increased revenues and assessments from the development district. All of these projects are described in the Capital Improvement Program (CIP) document. A brief explanation of the various debt instruments is provided below: General Obligation Bonds – issued pursuant to voter authorization for infrastructure and facility projects. General Obligation Refunding Bonds – issued to refund existing General Obligation Bonds and Certificates of Obligations in order to lower the overall debt service requirements of the City. These bonds do not require voter authorization. Certificates of Obligation – similar to General Obligation bonded debt in usage, but do not require voter authorization and cannot be used for refunding existing debt. Water and Wastewater Revenue Bonds – issued to provide funds for certain improvements to the water and wastewater system as well as to refund prior water and wastewater debt issues. These bonds are reported in the Water and Wastewater Fund and will be repaid from revenues of this enterprise operation. It is anticipated that additional water and wastewater revenue bonds will be issued to complete Phase III of the reclaimed water system expansion if such funding can be obtained through the Texas Water Development Board’s low interest loan / loan forgiveness program. 5 FY 2015 Budgeted Resources 38,612,905$ Less Use of Prior Year Reserves (2,871,610)$ FY 2015 Net Operating Revenues 35,741,295$ Proposed Changes in Revenue Property Taxes 533,806$ Sales Tax 764,303$ Franchise Fees 263,531$ License and Permits 3,100$ Fines & Fees (132,403)$ Interest Income 5,000$ Transfers 25,468$ General and Administrative Fees 65,498$ Other Changes 85,492$ Subtotal:1,613,795$ FY 2016 Proposed Operating Revenues 37,355,090$ FY 2015 Budgeted Expenses 38,595,868$ Less Capital Expenses (2,871,610)$ FY 2015 Net Operating Expenses 35,724,258$ Proposed Changes in Expenses Salaries 834,152$ Insurance/Benefits (59,040)$ Rebates/Incentives 205,022$ Professional/Technical 84,641$ Utilities and Fees 233,456$ Maintenance 6,280$ Supplies 49,510$ Equipment Replacement 177,216$ Other Changes (16,232)$ Subtotal:1,515,005$ FY 2016 Proposed Supplemental 109,811$ FY 2016 Proposed Operating Expenses 37,349,074$ Proposed Capital Expenses Capital Carryover 934,086$ Recommended Capital Expenses 1,477,107$ FY 2016 Proposed Capital Expenses 2,411,193$ FY 2016 Proposed Budget 39,760,267$ EXECUTIVE SUMMARY GENERAL FUND 7 FY 2015 Budgeted Resources 21,873,857$ Less Use of Prior Year Reserves (837,385)$ FY 2015 Net Operating Revenues 21,036,472$ Proposed Changes in Revenue Water Service 797,671$ Wastewater Service 667,128$ Reclaimed Water Service (206,837)$ Sanitation/Recycling/Penalties (7,000)$ Other Changes 59,000$ Subtotal:1,309,962$ FY 2016 Proposed Operating Revenues 22,346,434$ FY 2015 Budgeted Expenses 21,843,520$ Less Capital Expenses (837,385)$ FY 2015 Net Operating Expenses 21,006,135$ Proposed Changes in Expenses Salaries 110,783$ Insurance/Benefits (37,337)$ TRA Payments 236,251$ Reclaimed Water Purchases (52,785)$ Transfers 405,756$ G&A/Franchise 130,996$ Utilities and Fees 189,200$ State Regulatory Fees 124,693$ Maintenance 46,735$ Meter and Transponders 35,000$ Other Changes 40,507$ Subtotal:1,229,799$ FY 2016 Proposed Operating Expenses 22,235,934$ Proposed Capital Expenses Capital Carryover 233,074$ Recommended Capital Expenses 245,988$ FY 2016 Proposed Capital Expenses 479,062$ FY 2016 Proposed Budget 22,714,996$ EXECUTIVE SUMMARY WATER & WASTEWATER 8 FY 2015 Budgeted Resources 19,217,347$ Less Use of Prior Year Reserves (5,337,787)$ FY 2015 Net Operating Revenues 13,879,560$ Proposed Changes in Revenue Car Rental Taxes 229,222$ Interest Income -$ Subtotal:229,222$ FY 2016 Proposed Operating Revenues 14,108,782$ FY 2015 Budgeted Expenses 16,994,063$ Less Capital Expenses (5,337,787)$ FY 2015 Net Operating Expenses 11,656,276$ Proposed Changes in Expenses DFW Rebate 152,815$ Transfer to General Fund 25,468$ Transfer to Debt/CIP (2,761)$ Transfer to Equipment Replacement (335,565)$ Subtotal:(160,043)$ FY 2016 Proposed Operating Expenses 11,496,233$ Proposed Capital Expenses Capital Carryover 2,610,400$ Recommended Capital Expenses 2,643,775$ FY 2016 Proposed Capital Expenses 5,254,175$ FY 2016 Proposed Budget 16,750,408$ EXECUTIVE SUMMARY CAR RENTAL FUND 9 Beginning Balance, FY15 $10,850,457 $2,516,262 $1,408,323 $2,388,723 (per audit, FYE 2014) FY15 Estimated Revenues 35,947,489 6,935,306 816,277 1,771,057 Total Available: 46,797,946 9,451,568 2,224,600 4,159,780 FY15 Estimated Expenses (35,724,258) (6,905,744) (809,702) (1,407,340) Proposed Budget Adjustment (252,555) 0 0 0 Capital Expenses (1,901,489)0 0 0 Total Projected Expenses: (37,878,302)(6,905,744)(809,702)(1,407,340) Estimated Ending Balance FY15 8,919,644 2,545,824 1,414,898 2,752,440 FY16 Budgeted Revenues 37,355,090 6,492,245 870,616 1,573,572 Total Available: 46,274,734 9,038,069 2,285,514 4,326,012 FY16 Budgeted Expenses (37,349,074) (6,484,245) (868,025) (1,629,027) Capital Carryover (934,086) (100,000) (175,000) 0 Capital Expenses (1,477,107)0 (4,500)0 Total Projected Expenses: (39,760,267)(6,584,245)(1,047,525)(1,629,027) Projected Ending Balance, FY16 6,514,467 2,453,824 1,237,989 2,696,985 Less: Designated Reserve (79,893)(350,000)(450,000)0 Adjusted Ending Balance 6,434,574 2,103,824 787,989 2,696,985 Recommended Reserve Levels per Fiscal Policy: 6,139,574 2,006,924 600,000 2,696,985 Available for Supplemental:6,016 8,000 2,591 (55,455) Available for Capital:288,984 88,900 185,398 55,455 Total Available 295,000 96,900 187,989 0 Fund Balance Summary Estimated FY14-15 and Budgeted FY15-16 General and Internal Service Funds General Insurance & Benefits Risk Mgmt. & Workers Comp Equipment Replacement 10 Fund Balance Summary Estimated FY14-15 and Budgeted FY15-16 Special Revenue Funds Beginning Balance, FY15 $253,796 $164,822 $2,311,495 $686,176 $5,392,591 (per audit, FYE 2014) FY15 Estimated Revenues 364,086 100,703 4,548,739 2,209,990 14,198,782 Total Available: 617,882 265,525 6,860,234 2,896,166 19,591,373 FY15 Estimated Expenses (304,407) (84,927) (4,351,975) (2,137,629) (11,656,276) Proposed Budget Adjustment 0 0 0 0 (248,284) Capital Expenses (58,398)0 (538,657)(185,705)(2,707,467) Total Projected Expenses: (362,805)(84,927)(4,890,632)(2,323,334)(14,612,027) Estimated Ending Balance FY15 255,077 180,598 1,969,602 572,832 4,979,346 FY16 Budgeted Revenues 425,757 101,030 4,652,104 2,290,945 14,108,782 Total Available: 680,834 281,628 6,621,706 2,863,777 19,088,128 FY16 Budgeted Expenses (370,721) (86,010) (4,097,391) (2,253,636) (11,496,233) Capital Carryover (10,000) 0 (604,933) 0 (2,610,400) Capital Expenses (70,000)0 (948,165)(237,825)(2,643,775) Total Projected Expenses: (450,721)(86,010)(5,650,489)(2,491,461)(16,750,408) Projected Ending Balance, FY16 230,113 195,618 971,217 372,316 2,337,720 Less: Designated Reserve (67,209)0 0 0 0 Adjusted Ending Balance 162,904 195,618 971,217 372,316 2,337,720 Recommended Reserve Levels per Fiscal Policy: 60,940 14,139 500,000 370,461 2,000,000 Available for Supplemental:55,036 15,020 554,713 37,309 2,612,549 Available for Capital:46,927 166,459 (83,496)(35,454)(2,274,829) Total Available 101,963 181,479 471,217 1,855 337,720 Hotel/ Motel EDC 1/2 Cent Sales Tax CCPD 1/4 Cent Sales Tax Car RentalJuvenile Case Fund 11 Fund Balance Summary Estimated FY14-15 and Budgeted FY15-16 Special Revenue Funds (continued) Beginning Balance, FY15 $227,881 $75,507 $839,452 $656,737 $10,602 $405,157 (per audit, FYE 2014) FY15 Estimated Revenues 39,942 183,439 194,780 93,263 392,581 125,128 Total Available: 267,823 258,946 1,034,232 750,000 403,183 530,285 FY15 Estimated Expenses (1,000) (167,712) (249,228) 0 (385,668) (120,000) Proposed Budget Adjustment 0 0 0 0 0 0 Capital Expenses 0 0 (60,000)0 0 (50,000) Total Projected Expenses: (1,000)(167,712)(309,228)0 (385,668)(170,000) Estimated Ending Balance FY15 266,823 91,234 725,004 750,000 17,515 360,285 FY16 Budgeted Revenues 1,000 147,169 0 0 561,844 120,000 Total Available: 267,823 238,403 725,004 750,000 579,359 480,285 FY16 Budgeted Expenses (1,000) (145,117) (175,092) (49,635) (564,359) (120,000) Capital Carryover 0 0 0 0 0 0 Capital Expenses (200,000)0 (60,000)0 0 0 Total Projected Expenses: (201,000)(145,117)(235,092)(49,635)(564,359)(120,000) Projected Ending Balance, FY16 66,823 93,286 489,912 700,365 15,000 360,285 Less: Designated Reserve 0 0 0 0 0 0 Adjusted Ending Balance 66,823 93,286 489,912 700,365 15,000 360,285 Recommended Reserve Levels per Fiscal Policy: 0 0 0 0 0 0 Available for Supplemental:0 2,052 (175,092) (49,635) (2,515) 0 Available for Capital:66,823 91,234 665,004 750,000 17,515 360,285 Total Available 66,823 93,286 489,912 700,365 15,000 360,285 Public Safety Special Revenue Fund Cable PEG Fee Fund Glade Parks TIRZ Police Drug Fund Police Seized Assets Fund Glade Parks PID 12 Beginning Balance, FY15 $5,352,486 $38,605 $342,781 $303,231 $27,097 $7,292 $116,434 (per audit, FYE 2014) FY15 Estimated Revenues 20,144,614 1,203,285 713,926 479,515 41,752 4,114,715 1,343,171 Residual Equity Transfer 0 0 0 0 0 40,000 0 Total Available: 25,497,100 1,241,890 1,056,707 782,746 68,849 4,162,007 1,459,605 FY15 Estimated Expenses (19,950,650) (1,191,805) (713,262) (464,305) (38,246) (4,153,154) (1,396,708) Capital Expenses (604,311)(10,500)(125,000)(76,252)0 0 0 Total Projected Expenses: (20,554,961)(1,202,305)(838,262)(540,557)(38,246)(4,153,154)(1,396,708) Estimated Ending Balance FY15 4,942,139 39,585 218,445 242,189 30,603 8,853 62,897 FY16 Budgeted Revenues 22,346,434 1,283,352 719,280 555,830 80,000 4,594,912 1,575,440 Total Available: 27,288,573 1,322,937 937,725 798,019 110,603 4,603,765 1,638,337 FY16 Budgeted Expenses (22,235,934) (1,283,352) (716,150) (552,841) (79,500) (4,544,913) (1,570,007) Capital Carryover (233,074) 0 0 0 0 0 0 Capital Expenses (245,988)0 (60,000)(123,936)0 0 0 Total Projected Expenses: (22,714,996)(1,283,352)(776,150)(676,777)(79,500)(4,544,913)(1,570,007) Projected Ending Balance, FY16 4,573,577 39,585 161,575 121,242 31,103 58,852 68,330 Less: Designated Reserve 0 0 0 0 0 0 0 Adjusted Ending Balance 4,573,577 39,585 161,575 121,242 31,103 58,852 68,330 Recommended Reserve Levels per Fiscal Policy: 4,569,028 0 147,154 113,597 0 0 0 Available for Supplemental:110,500 0 3,130 2,989 500 49,999 5,433 Available for Capital:(105,951)39,585 11,291 4,656 30,603 8,853 62,897 Total Available 4,549 39,585 14,421 7,645 31,103 58,852 68,330 Fund Balance Summary Estimated FY14-15 and Budgeted FY15-16 Enterprise Funds Water & Wastewater Service Center Drainage Utility System Recreation Classes Arbor Daze Texas Star Golf Texas Star Sports Complex 13 Fund Balance Summary Estimated FY14-15 and Budgeted FY15-16 Debt Service Funds Beginning Balance, FY15 $662,015 $134,439 $1,995 $12,579 $8,009 $54,403 (per audit, FYE 2014) FY15 Estimated Revenues 10,163,048 710,365 907,103 607,654 159,400 612,049 Total Available: 10,825,063 844,804 909,098 620,233 167,409 666,452 FY15 Estimated Expenses (4,121,578) (710,365) (907,103) (607,754) (159,400) (612,049) Proposed Budget Adjustment (6,163,986)0 0 0 0 0 Total Projected Expenses: (10,285,564)(710,365)(907,103)(607,754)(159,400)(612,049) Estimated Ending Balance FY15 539,499 134,439 1,995 12,479 8,009 54,403 FY16 Budgeted Revenues 4,214,353 710,105 169,376 817,909 163,200 613,849 Total Available: 4,753,852 844,544 171,371 830,388 171,209 668,252 FY16 Budgeted Expenses (4,328,718) (709,805) (169,376) (817,909) (163,200) (613,849) Capital Carryover 0 0 0 0 0 0 Capital Expenses 0 0 0 0 0 0 Total Projected Expenses: (4,328,718)(709,805)(169,376)(817,909)(163,200)(613,849) Projected Ending Balance, FY16 425,134 134,739 1,995 12,479 8,009 54,403 Less: Designated Reserve 0 (59,410)0 0 0 0 Adjusted Ending Balance 425,134 75,329 1,995 12,479 8,009 54,403 Recommended Reserve Levels per Fiscal Policy: 383,988 0 0 0 0 0 Available for Supplemental:(114,365) 300 0 0 0 0 Available for Capital:155,511 75,029 1,995 12,479 8,009 54,403 Total Available 41,146 75,329 1,995 12,479 8,009 54,403 Texas Star Golf Course Debt EDC 1/2 Cent Sales Tax Debt G.O.Debt Service Stars Center Debt Water & Wastewater Debt Texas Star Sports Complex Debt 14 Beginning Balance, FY15 $911,922 $805,180 $1,151,896 $1,031,731 $923,377 (per audit, FYE 2014) FY15 Estimated Revenues 9,220 498,124 334,253 99,771 230,937 Total Available:921,142 1,303,304 1,486,149 1,131,502 1,154,314 FY15 Estimated Expenses (9,220)0 (705,850)0 (165,000) Proposed Budget Adjustment 0 0 0 0 (40,000) Capital Expenses 0 0 0 0 0 Total Projected Expenses:(9,220)0 (705,850)0 (205,000) Estimated Ending Balance FY15 911,922 1,303,304 780,299 1,131,502 949,314 FY16 Budgeted Revenues 0 0 5,000 100,400 207,625 Total Available:911,922 1,303,304 785,299 1,231,902 1,156,939 FY16 Budgeted Expenses 0 0 (135,235)0 (175,000) Capital Carryover 0 0 0 0 0 Capital Expenses (730,000)0 0 (425,000)0 Total Projected Expenses: (730,000)0 (135,235)(425,000)(175,000) Projected Ending Balance, FY16 181,922 1,303,304 650,064 806,902 981,939 Less: Designated Reserve (169,076)(1,146,956)0 (161,300)(525,466) Adjusted Ending Balance 12,846 156,348 650,064 645,602 456,473 Recommended Reserve Levels per Fiscal Policy: 0 0 0 322,604 933,886 Available for Supplemental:0 0 (130,235) 100,400 32,625 Available for Capital:12,846 156,348 780,299 222,598 (510,038) Total Available 12,846 156,348 650,064 322,998 (477,413) * In prior years the Texas Star Golf Course Reserves and CIP funds have been combined. Reserves and CIP have now been separated for accounting purposes, therefore beginning Working Capital has been adjusted to show only Reserve Funds. CIP fund summary will show the other portion of beginning Working Capital amounts. Fund Balance Summary Estimated FY14-15 and Budgeted FY15-16 Reserve Funds EDC 1/2 Cent Sales Tax Debt Reserve Water & Wastewater Debt & Emergency Reserve Texas Star Golf Course Reserve* Water & Wastewater Rate Stabilization Reserve Texas Star Sports Complex Reserve 15 Budgeted FY14-15 Proposed FY15-16 Fund Revenue Use of Reserves Revenue Use of Reserves General 35,741,295$ 2,871,610$ 37,355,090$ 2,411,193$ Hotel/Motel 315,050$ 68,398$ 425,757$ 80,000$ Juvenile Case 115,030$ -$ 101,030$ -$ EDC ½¢ Sales Tax 4,444,038$ 1,058,381$ 4,652,104$ 1,553,098$ CCPD ¼¢ Sales Tax 2,183,294$ 185,705$ 2,290,945$ 237,825$ Police Seized Assets Fund -$ 309,228$ -$ 235,092$ Police Drug Fund 1,000$ -$ 1,000$ 200,000$ Public Safety Special Revenue 146,439$ -$ 147,169$ -$ Car Rental 13,879,560$ 5,337,787$ 14,108,782$ 5,254,175$ Glade Parks PID 93,263$ -$ -$ 49,635$ Glade Parks TIRZ 392,265$ -$ 561,844$ 2,515$ Cable PEG Fund 120,000$ 50,000$ 120,000$ -$ Water & Wastewater 21,036,472$ 837,385$ 22,346,434$ 479,062$ Service Center 1,192,805$ 10,500$ 1,283,352$ -$ Drainage Utility 714,520$ 125,000$ 719,280$ 60,000$ Recreation Classes 474,030$ 107,000$ 555,830$ 123,936$ Arbor Daze 80,010$ -$ 80,000$ -$ Texas Star Golf Course (TSGC)4,465,069$ -$ 4,594,912$ -$ Texas Star Sports Complex (TSSC) 1,572,580$ -$ 1,575,440$ -$ Equip. Replacement 1,728,117$ -$ 1,573,572$ 55,455$ Insurance 6,915,989$ 100,000$ 6,492,245$ 100,000$ Risk/WC 816,277$ 175,000$ 870,616$ 179,500$ G.O. Debt 3,641,291$ 94,674$ 4,214,353$ 114,365$ Star Center Debt 710,365$ -$ 710,105$ -$ EDC Debt 907,103$ -$ 169,376$ -$ Water & Wastewater Debt 607,654$ -$ 817,909$ -$ TSSC Debt 159,400$ -$ 163,200$ -$ TSGC Debt 612,049$ -$ 613,849$ -$ TOTAL 103,064,965$ 11,330,668$ 106,544,194$ 11,135,851$ Where Does The Money Come From? General 35% EDC 5%CCPD 2% Car Rental 13% W&WW 21% Golf 4% Insurance 6% Risk/WC 1% Debt 6% **Other 7% FY15-16 16 Budgeted FY14-15 Proposed FY15-16 Fund Operating Expenses Capital Expenses Operating Expenses Capital Expenses General 35,724,258$ 2,871,610$ 37,349,074$ 2,411,193$ Hotel/Motel 304,407$ 68,398$ 370,721$ 80,000$ Juvenile Case 84,927$ -$ 86,010$ -$ EDC ½¢ Sales Tax 4,437,184$ 1,058,381$ 4,097,391$ 1,553,098$ CCPD ¼¢ Sales Tax 2,137,629$ 185,705$ 2,253,636$ 237,825$ Police Seized Assets Fund 249,228$ 60,000$ 175,092$ 60,000$ Police Drug Fund 1,000$ -$ 1,000$ 200,000$ Public Safety Special Revenue 145,212$ -$ 145,117$ -$ Car Rental 11,656,276$ 5,337,787$ 11,496,233$ 5,254,175$ Glade Parks PID 31,381$ -$ 49,635$ -$ Glade Parks TIRZ 392,265$ -$ 564,359$ -$ Cable PEG Fund 120,000$ 50,000$ 120,000$ -$ Water & Wastewater 21,006,135$ 837,385$ 22,235,934$ 479,062$ Service Center 1,192,805$ 10,500$ 1,283,352$ -$ Drainage Utility 713,262$ 125,000$ 716,150$ 60,000$ Recreation Classes 464,305$ 107,000$ 552,841$ 123,936$ Arbor Daze 79,500$ -$ 79,500$ -$ Texas Star Golf Course (TSGC)4,456,616$ -$ 4,544,913$ -$ Texas Star Sports Complex (TSSC) 1,572,475$ -$ 1,570,007$ -$ Equip. Replacement 1,407,340$ -$ 1,629,027$ -$ Insurance 6,905,744$ 100,000$ 6,484,245$ 100,000$ Risk/WC 809,702$ 175,000$ 868,025$ 179,500$ G.O. Debt 3,735,965$ -$ 4,328,718$ -$ Star Center Debt 710,365$ -$ 709,805$ -$ EDC Debt 907,103$ -$ 169,376$ -$ Water & Wastewater Debt 607,654$ -$ 817,909$ -$ TSSC Debt 159,400$ -$ 163,200$ -$ TSGC Debt 612,049$ -$ 613,849$ -$ TOTAL 100,624,187$ 10,986,766$ 103,475,119$ 10,738,789$ Where Does The Money Go? General 36% EDC 4%CCPD 2% Car Rental 11% W&WW 22% Golf 4% Insurance 6% Risk/WC 1% Debt 7%**Other 7% FY15-16 17 General Fund Revenues Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Revenues FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Property Taxes 10,145,867$ 10,799,160$ 10,799,160$ 11,332,966$ 533,806$ 5% Prior Year Property Taxes 35,365$ 40,000$ 40,000$ 40,000$ -$ 0% Penalties & Interest 53,131$ 60,000$ 58,500$ 58,000$ (2,000)$ (3%) Sales Tax 8,753,204$ 8,821,633$ 9,076,363$ 9,442,356$ 620,723$ 7% Additional Sales Tax 2,193,665$ 2,217,009$ 2,269,091$ 2,360,589$ 143,580$ 6% Mixed Drink Tax 69,160$ 73,000$ 72,300$ 82,400$ 9,400$ 13% Electric Franchise 1,719,259$ 1,625,000$ 1,674,141$ 1,675,882$ 50,882$ 3% Gas Franchise 425,948$ 325,000$ 440,000$ 435,000$ 110,000$ 34% Telephone Franchise 330,022$ 317,950$ 317,950$ 317,950$ -$ 0% Sanitation Service 194,961$ 196,200$ 211,802$ 211,802$ 15,602$ 8% Recycling Franchise Fee 16,526$ 16,000$ 17,549$ 17,549$ 1,549$ 10% Cable Franchise Fee 672,194$ 645,000$ 645,000$ 665,000$ 20,000$ 3% W&WW Franchise Tax 963,936$ 1,051,824$ 1,036,292$ 1,117,322$ 65,498$ 6% Other Permits 20,475$ 18,000$ 31,602$ 20,000$ 2,000$ 11% Health Permits 78,575$ 80,000$ 70,000$ 80,000$ -$ 0% Fire Permits 38,536$ 43,000$ 58,000$ 46,000$ 3,000$ 7% Contractor Regulatory License 61,100$ 60,000$ 65,950$ 60,000$ -$ 0% Minimum Housing 218,529$ 200,000$ 193,767$ 194,000$ (6,000)$ (3%) Misc. Permits and Fees 58,567$ 47,800$ 57,704$ 51,100$ 3,300$ 7% Building Permits 845,258$ 590,000$ 771,000$ 590,000$ -$ 0% Swimming Pools/Concessions 250,403$ 223,600$ 230,000$ 265,000$ 41,400$ 19% Auto Theft Task Force Grant 89,427$ 87,000$ 87,000$ 92,000$ 5,000$ 6% School Resource Officers 290,040$ 301,650$ 301,650$ 307,700$ 6,050$ 2% Municipal Court 3,366,667$ 3,368,630$ 2,922,694$ 3,244,300$ (124,330)$ (4%) Library Fees 53,880$ 54,400$ 43,689$ 49,600$ (4,800)$ (9%) Ambulance Fees 869,270$ 910,000$ 966,462$ 976,127$ 66,127$ 7% Alarm Revenue 126,140$ 125,000$ 127,100$ 130,000$ 5,000$ 4% Jail Revenue 346,665$ 290,000$ 173,735$ 175,000$ (115,000)$ (40%) Interest Income 26,601$ 30,000$ 22,000$ 35,000$ 5,000$ 17% Miscellaneous 73,456$ 51,650$ 88,415$ 99,650$ 48,000$ 93% Tower Lease 430,889$ 430,458$ 452,512$ 450,000$ 19,542$ 5% Betterment/Contributions 15,069$ 15,000$ 14,262$ 14,500$ (500)$ (3%) Transfers 2,532,431$ 2,627,331$ 2,611,799$ 2,718,297$ 90,966$ 3% TOTAL REVENUES 35,365,217$ 35,741,295$ 35,947,489$ 37,355,090$ 1,613,795$ 5% Use of Reserves -$ 2,871,610$ 1,901,489$ 2,411,193$ (460,417)$ (16%) TOTAL RESOURCES 35,365,217$ 38,612,905$ 37,848,978$ 39,766,283$ 1,153,378$ 3% Sales & Uses Taxes 32% Licenses/Permits 3% Franchise Fees 12%Fines & Fees 13% Interest 0% Transfers 7% Miscellaneous 2% Property Taxes 31% FY15-16 18 TAX RATE SCENARIOS As Computed from July 2015 Certified Tax Roll Fiscal Year 2015-16 Fiscal Year Revenue at Revenue at Revenue at 2014-15 Effective Tax Rate Proposed Rate Rollback Rate Total Tax Rate 0.467500 0.458926 0.467500 0.489461 Debt Tax Rate 0.102995 0.100929 0.100929 0.100929 M & O Tax Rate 0.364505 0.357997 0.366571 0.388532 Assessed Valuation (a)$3,050,289,663 $3,153,297,953 $3,153,297,953 $3,153,297,953 Adj. Net Taxable Value Assessed (b)$2,829,162,243 $2,920,707,862 $2,920,707,862 $2,920,707,862 TIF Increment Value (c)$42,480,635 53,941,226 53,941,226 53,941,226 Total Debt $4,260,328 $4,451,708 $4,451,708 $4,451,708 Debt Paid by other Sources ($1,298,621) ($1,503,850)($1,503,850)($1,503,850) Taxable Debt Service $2,961,707 $2,947,858 $2,947,858 $2,947,858 Debt Revenue $2,972,233 $2,947,836 $2,947,836 $2,947,836 Prior Year Debt Revenue $2,948,975 $2,972,233 $2,972,233 $2,972,233 Increase (Decrease) in Debt Revenue $23,258 ($24,397)($24,397)($24,397) M&O Revenue - General Fund $10,025,545 $10,299,211 $10,545,876 $11,177,671 Ceiling Revenues $722,774 $787,090 $787,090 $787,090 TIF Assessment - City Portion $50,840 $0 $0 $0 Total General Fund Tax Revenue $10,799,160 $11,086,301 $11,332,966 $11,964,761 Prior Year M&O Revenue $10,107,677 $10,799,160 $10,799,160 $10,799,160 Increase (Decrease) in M&O Revenue $691,483 $287,141 $533,806 $1,165,601 Total Increase in Tax Revenue $714,741 $262,744 $509,409 $1,141,205 NOTES: (c) TIF = Tax Increment Finance zone increment value increase contracted at 75% ($71,921,634 @ 75% = $53,941,226). Note: Under these circumstances each penny of tax equals approximately $287,690 ($2,920,707,863*.01*.985/100 = $287,690). M&O Revenues are at a collection rate of approximately 98.5%. Debt Revenues are at 100% collections. M&O = Maintenance and Operations (a) Assessed Valuation is the Net Taxable Value from T.A.D. plus minimum value of ARB and estimate of incomplete property. (b) Adj. Net Taxable Value Assessed = Assessed Value less TIF increment $53,941,226 and authorized ceiling Over 65 $166,507,443 and Disabled Persons $12,141,422. Note: FY2014-15 Adj. Net Taxable Value amended to exclude Over 65 and Disabled which is now shown as Ceiling Revenues for comparison purposes. 19 General Fund Expenditures Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. City Council 28,261$ 40,875$ 40,875$ 40,875$ -$ 0% City Administration 503,494$ 552,755$ 552,755$ 541,930$ (10,825)$ (2%) City Secretary 316,171$ 352,477$ 352,477$ 371,870$ 19,393$ 6% Communications/Marketing 10,664$ 23,475$ 23,475$ 23,475$ -$ 0% Total - City Administration 858,591$ 969,582$ 969,582$ 978,150$ 8,568$ 1% Finance/Budget 215,284$ 232,304$ 232,304$ 243,771$ 11,467$ 5% Municipal Court 684,997$ 712,871$ 712,871$ 726,114$ 13,243$ 2% Accounting 221,572$ 321,144$ 321,144$ 350,198$ 29,054$ 9% Purchasing 79,818$ 91,643$ 91,643$ 86,934$ (4,709)$ (5%) Total - Finance 1,201,671$ 1,357,962$ 1,357,962$ 1,407,017$ 49,055$ 4% Emergency Management 29,387$ 50,775$ 50,775$ 50,775$ -$ 0% Police Code Compliance 1,415,752$ 1,581,518$ 1,581,518$ 1,648,960$ 67,442$ 4% Police Administration 684,577$ 819,734$ 819,734$ 1,000,110$ 180,376$ 22% Police Patrol 4,657,085$ 4,881,511$ 4,881,511$ 5,118,244$ 236,733$ 5% Police CID 1,740,664$ 1,621,319$ 1,621,319$ 1,633,063$ 11,744$ 1% Police Service 1,897,692$ 2,023,770$ 2,023,770$ 2,072,180$ 48,410$ 2% Police Detention 1,436,480$ 1,537,385$ 1,537,385$ 1,600,720$ 63,335$ 4% Total-Police 11,861,637$ 12,516,012$ 12,516,012$ 13,124,052$ 608,040$ 5% Fire Marshal/Education 546,860$ 570,860$ 570,860$ 561,000$ (9,860)$ (2%) Fire Administration 482,016$ 498,143$ 498,143$ 514,693$ 16,550$ 3% EMS/Suppression 7,521,386$ 7,952,330$ 7,952,330$ 8,281,245$ 328,915$ 4% Total-Fire 8,550,262$ 9,021,333$ 9,021,333$ 9,356,938$ 335,605$ 4% Information Services 322,925$ 343,371$ 343,371$ 310,821$ (32,550)$ (9%) Personnel 368,073$ 408,432$ 408,432$ 408,839$ 407$ 0% Facility Maintenance 908,101$ 907,210$ 907,210$ 939,466$ 32,256$ 4% Library 670,355$ 709,266$ 709,266$ 728,164$ 18,898$ 3% Total - Administrative Services 2,269,454$ 2,368,279$ 2,368,279$ 2,387,290$ 19,011$ 1% Planning & Development 263,811$ 291,732$ 291,732$ 307,665$ 15,933$ 5% Inspection Services 308,754$ 327,359$ 327,359$ 353,221$ 25,862$ 8% Total-Development 572,565$ 619,091$ 619,091$ 660,886$ 41,795$ 7% Recreation 595,802$ 656,474$ 656,474$ 665,687$ 9,213$ 1% Parks 1,211,188$ 1,301,269$ 1,301,269$ 1,359,322$ 58,053$ 4% Swimming Pools 89,329$ 132,500$ 132,500$ 159,460$ 26,960$ 20% Senior Center 219,707$ 232,147$ 232,147$ 271,034$ 38,887$ 17% Recreation Admin.57,998$ 68,386$ 68,386$ 71,341$ 2,955$ 4% Total-Parks & Comm Srvcs 2,174,024$ 2,390,776$ 2,390,776$ 2,526,844$ 136,068$ 6% Street Maintenance 1,253,036$ 1,538,892$ 1,538,892$ 1,593,843$ 54,951$ 4% Animal Control 263,362$ 296,945$ 296,945$ 296,019$ (926)$ (0%) City Engineer 60,129$ 85,871$ 85,871$ 107,537$ 21,666$ 25% Total - Public Works 1,576,526$ 1,921,708$ 1,921,708$ 1,997,399$ 75,691$ 4% Legal Services 104,999$ 130,000$ 130,000$ 130,000$ -$ 0% Non-Departmental 3,978,604$ 4,400,515$ 4,653,070$ 4,751,498$ 350,983$ 8% Betterment 17,908$ 29,000$ 29,000$ 29,000$ -$ 0% Total - Non-Depart. 4,101,511$ 4,559,515$ 4,812,070$ 4,910,498$ 350,983$ 8% Total Operating Expenses 33,166,242$ 35,724,258$ 35,976,813$ 37,349,074$ 1,624,816$ 5% Capital Expenses 1,239,192$ 2,871,610$ 1,901,489$ 2,411,193$ (460,417)$ (16%) Total Expenses 34,405,434$ 38,595,868$ 37,878,302$ 39,760,267$ 1,164,399$ 3% City Admin 2% Police 33% Fire 24% Development 2% Non-Depart 12% Admin Srvcs 6% Finance 4% Public Works 5% PACS 6% Capital 6%FY15-16 20 Water & Wastewater Revenues Proposed FY15 Budget to Water & Wastewater Actual Budget Estimated Budget FY16 Proposed Revenues FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Interest Income(1)11,095$ 12,000$ 12,000$ 12,000$ -$ 0% Sanitation 189,041$ 190,000$ 195,000$ 195,000$ 5,000$ 3% Water Service 10,786,403$ 11,691,856$ 11,154,039$ 12,489,527$ 797,671$ 7% Wastewater Service 7,100,795$ 7,735,966$ 7,459,904$ 8,403,094$ 667,128$ 9% Reclaimed Water Service 167,083$ 473,650$ 152,671$ 266,813$ (206,837)$ (44%) New Meters(1)31,453$ 25,000$ 60,000$ 60,000$ 35,000$ 140% Reconnect Fees(1)221,675$ 220,000$ 220,000$ 220,000$ -$ 0% Inspection Fees(1)184,180$ 65,000$ 275,000$ 85,000$ 20,000$ 31% Miscellaneous(1)42,190$ 35,000$ 35,000$ 35,000$ -$ 0% Penalties 222,912$ 250,000$ 227,000$ 230,000$ (20,000)$ (8%) Initiations/Transfer Fees(1)29,880$ 26,000$ 26,000$ 30,000$ 4,000$ 15% Recycling Fees 316,643$ 312,000$ 328,000$ 320,000$ 8,000$ 3% Use of Rate Stabilization 1,232,180$ 289,751$ 289,751$ 135,235$ (154,516)$ (53%) Rate Stabilization Rebate (212,180)$ (289,751)$ (289,751)$ (135,235)$ 154,516$ (53%) TOTAL REVENUES 20,323,350$ 21,036,472$ 20,144,614$ 22,346,434$ 1,309,962$ 6% Use of Reserves 40,280$ 837,385$ 604,311$ 479,062$ (358,323)$ (43%) TOTAL RESOURCES 20,363,631$ 21,873,857$ 20,748,925$ 22,825,496$ 951,639$ 4% (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 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 1% Other (1) 2% Water 56% Reclaimed Water 1% Penalties 1% Wastewater 38% FY15-16 21 Water & Wastewater Expenditures Proposed FY15 Budget to Water & Wastewater Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Water Office 410,737$ 442,066$ 442,066$ 442,746$ 680$ 0% Total-Finance 410,737$ 442,066$ 442,066$ 442,746$ 680$ 0% City Engineer 265,067$ 298,657$ 283,657$ 312,389$ 13,732$ 5% Water Production 7,341,381$ 7,036,183$ 6,219,332$ 7,198,968$ 162,785$ 2% Water Distribution 907,062$ 890,990$ 850,843$ 923,870$ 32,880$ 4% Wastewater Treatment 3,379,744$ 4,122,728$ 3,877,305$ 4,370,324$ 247,596$ 6% Meter Reading 58,738$ 62,131$ 61,131$ 63,612$ 1,481$ 2% Total-Public Works 11,951,992$ 12,410,689$ 11,292,268$ 12,869,163$ 458,474$ 4% Recycling 26,796$ 41,300$ 41,300$ 41,300$ -$ 0% GIS 501,592$ 524,584$ 524,584$ 572,265$ 47,681$ 9% Legal Services 75,000$ 75,000$ 75,000$ 75,000$ -$ 0% Non-Departmental 7,215,197$ 7,512,496$ 7,575,432$ 8,235,460$ 722,964$ 10% Total-Non Departmental 7,818,585$ 8,153,380$ 8,216,316$ 8,924,025$ 770,645$ 9% Total Operating Expenses 20,181,314$ 21,006,135$ 19,950,650$ 22,235,934$ 1,229,799$ 6% Capital Expenses 182,317$ 837,385$ 604,311$ 479,062$ (358,323)$ (43%) Total Expenses 20,363,631$ 21,843,520$ 20,554,961$ 22,714,996$ 871,476$ 4% 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 increases and decreases in costs within the last two years. 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 2% Water Production 32% Water Distribution 4% Wastewater Treatment 19% GIS 2% Capital 2% Non-Depart. 37%FY15-16 22 All Other Enterprise Operating Funds Proposed FY15 Budget to Enterprise Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Service Center Fund: Revenues 1,221,368$ 1,192,805$ 1,203,285$ 1,283,352$ 90,547$ 8% Operating Expenses 1,207,012$ 1,192,805$ 1,191,805$ 1,283,352$ 90,547$ 8% Use of Reserves -$ 10,500$ 10,500$ -$ (10,500)$ (100%) Capital Expenses (1)-$ 10,500$ 10,500$ -$ (10,500)$ (100%) Drainage Utility System: Revenues 713,064$ 714,520$ 713,926$ 719,280$ 4,760$ 1% Operating Expenses 677,841$ 713,262$ 713,262$ 716,150$ 2,888$ 0% Use of Reserves -$ 125,000$ 125,000$ 60,000$ (65,000)$ (52%) Capital Expenses -$ 125,000$ 125,000$ 60,000$ (65,000)$ (52%) Recreation Classes: Revenues 530,734$ 474,030$ 479,515$ 555,830$ 81,800$ 17% Operating Expenses 564,986$ 464,305$ 464,305$ 552,841$ 88,536$ 19% Use of Reserves 49,288$ 107,000$ 76,252$ 123,936$ 16,936$ 16% Capital Expenses 15,036$ 107,000$ 76,252$ 123,936$ 16,936$ 16% Arbor Daze: Revenues 76,419$ 80,010$ 41,752$ 80,000$ (10)$ (0%) Operating Expenses 82,852$ 79,500$ 38,246$ 79,500$ -$ 0% Use of Reserves 6,433$ -$ -$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% Texas Star Golf Course: Revenues 4,019,279$ 4,465,069$ 4,154,715$ 4,594,912$ 129,843$ 3% Operating Expenses 3,974,186$ 4,456,616$ 4,153,154$ 4,544,913$ 88,297$ 2% Use of Reserves -$ -$ -$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% Texas Star Sports Complex Revenues 1,515,386$ 1,572,580$ 1,343,171$ 1,575,440$ 2,860$ 0% Operating Expenses 1,480,666$ 1,572,475$ 1,396,708$ 1,570,007$ (2,468)$ (0%) Use of Reserves -$ -$ 53,537$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% (1) Actual FY14 corrected to remove capital assets of Equipment Replacement Fund which were incorrectly reported under the Service Center Fund. 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, funded by sponsorships and booth rentals. The Texas Star Golf Course and Texas Star Sports Complex 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. 23 Special Revenue Operating Funds Proposed FY15 Budget to Special Revenue Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Hotel/Motel: Revenues 343,354$ 315,050$ 364,086$ 425,757$ 110,707$ 35% Operating Expenses 304,165$ 304,407$ 304,407$ 370,721$ 66,314$ 22% Use of Reserves 811$ 68,398$ 58,398$ 80,000$ 11,602$ 17% Capital Expenses 40,000$ 68,398$ 58,398$ 80,000$ 11,602$ 17% Juvenile Case: Revenues 105,510$ 115,030$ 100,703$ 101,030$ (14,000)$ (12%) Operating Expenses 73,395$ 84,927$ 84,927$ 86,010$ 1,083$ 1% Use of Excess Reserves -$ -$ -$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% EDC ½¢ Sales Tax: Revenues 4,398,183$ 4,444,038$ 4,548,739$ 4,652,104$ 208,066$ 5% Operating Expenses 3,956,933$ 4,437,184$ 4,351,975$ 4,097,391$ (339,793)$ (8%) Use of Reserves -$ 1,058,381$ 538,657$ 1,553,098$ 494,717$ 47% Capital Expenses 221,173$ 1,058,381$ 538,657$ 1,553,098$ 494,717$ 47% CCPD ¼¢ Sales Tax: Revenues 2,169,576$ 2,183,294$ 2,209,990$ 2,290,945$ 107,651$ 5% Operating Expenses 1,851,550$ 2,137,629$ 2,137,629$ 2,253,636$ 116,007$ 5% Use of Reserves -$ 185,705$ 185,705$ 237,825$ 52,120$ 28% Capital Expenses 236,514$ 185,705$ 185,705$ 237,825$ 52,120$ 28% Police Seized Assets Fund: Revenues 338$ -$ 194,780$ -$ -$ 0% Operating Expenses 142,842$ 249,228$ 249,228$ 175,092$ (74,136)$ (30%) Use of Reserves 1,589,107$ 309,228$ 114,448$ 235,092$ (74,136)$ (24%) Capital Expenses 1,446,603$ 60,000$ 60,000$ 60,000$ -$ 0% Police Drug Fund Revenues 107,275$ 1,000$ 39,942$ 1,000$ -$ 0% Operating Expenses 5,557$ 1,000$ 1,000$ 1,000$ -$ 0% Use of Reserves -$ -$ -$ 200,000$ 200,000$ 0% Capital Expenses -$ -$ -$ 200,000$ 200,000$ 0% Public Safety Special Revenue Revenues 216,128$ 146,439$ 183,439$ 147,169$ 730$ 0% Operating Expenses 216,057$ 145,212$ 167,712$ 145,117$ (95)$ (0%) Use of Reserves -$ -$ -$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% Car Rental Tax: Revenues 14,091,095$ 13,879,560$ 14,198,782$ 14,108,782$ 229,222$ 2% Operating Expenses 11,853,381$ 11,656,276$ 11,904,560$ 11,496,233$ (160,043)$ (1%) Use of Reserves -$ 5,337,787$ 2,707,467$ 5,254,175$ (83,612)$ (2%) Capital Expenses 718,104$ 5,337,787$ 2,707,467$ 5,254,175$ (83,612)$ (2%) Glade Parks PID Revenues 718,012$ 93,263$ 93,263$ -$ (93,263)$ (100%) Operating Expenses 117,335$ 31,381$ -$ 49,635$ 18,254$ 58% Use of Reserves -$ -$ -$ 49,635$ 49,635$ 0% Capital Expenses -$ -$ -$ -$ Glade Parks TIRZ Revenues 131,532$ 392,265$ 392,581$ 561,844$ 169,579$ 43% Operating Expenses 120,930$ 392,265$ 385,668$ 564,359$ 172,094$ 44% Use of Reserves -$ -$ -$ 2,515$ 2,515$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% Cable PEG Fund: Revenues 135,835$ 120,000$ 125,128$ 120,000$ -$ 0% Operating Expenses 21,145$ 120,000$ 120,000$ 120,000$ -$ 0% Use of Reserves -$ 50,000$ 50,000$ -$ (50,000)$ (100%) Capital Expenses -$ 50,000$ 50,000$ -$ (50,000)$ (100%) 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. 24 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. Public Safety Special Revenue Fund is used to account for grant funds and other restricted revenues received by both police and fire. 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 used for the repayment of the related infrastructure cost. The Glade Parks Public Improvement District #2 (PID#2)Fund is used to account for assessments levied upon properties within the district boundaries.Expenses are used for the repayment of debt issued to fund public improvements within the district.The district will only assess property owners for the portion of the debt payment not covered with resources from the Glade Parks TIRZ. The Cable 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 Police Seized Asset Fund is used to account for proceeds from sale of seized assets which are dedicated to police expenditures. The Glade Parks Public Improvement District (PID)Fund is used to account for assessments levied upon properties within the district boundaries.Expenses are used for the repayment of debt issued to fund public improvements within the district.The district will only assess property owners for the portion of the debt payment not covered with resources from the Glade Parks TIRZ. The Hotel/Motel Fund is used to account for occupancy tax revenues from area hotels.Expenses are dedicated primarily for the promotion and advertisement of the City of Euless. Special Revenue funds are used for specific revenues that are legally restricted to expenditures for particular purposes. 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 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. 25 Internal Service Operating Funds Proposed FY15 Budget to Internal Service Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Equipment Replacement: Revenue 1,184,390$ 1,728,117$ 1,771,057$ 1,573,572$ (154,545)$ (9%) Operating Expenses 1,664,526$ 1,407,340$ 1,407,340$ 1,629,027$ 221,687$ 16% Use of Excess Reserves 480,136$ -$ -$ 55,455$ 55,455$ 0% Insurance: Revenue 5,347,235$ 6,915,989$ 6,935,306$ 6,492,245$ (423,744)$ (6%) Operating Expenses 5,477,802$ 6,905,744$ 6,905,744$ 6,484,245$ (421,499)$ (6%) Use of Reserves 130,567$ 100,000$ -$ 100,000$ -$ 0% Capital Expenses -$ 100,000$ -$ 100,000$ -$ 0% Risk/WC Management: Revenue 806,967$ 816,277$ 816,277$ 870,616$ 54,339$ 7% Operating Expenses 671,574$ 809,702$ 809,702$ 868,025$ 58,323$ 7% Use of Reserves -$ 175,000$ -$ 179,500$ 4,500$ 3% Capital Expenses 76,219$ 175,000$ -$ 179,500$ 4,500$ 3% 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 Fund is used to account for the program(s) used for worker's compensation, general liability,and property claims. 26 Debt Service Operating Funds Proposed FY15 Budget to Debt Service Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. General Obligation Debt Revenues 3,561,069$ 3,641,291$ 10,163,048$ 4,214,353$ 573,062$ 16% Operating Expenses 3,553,619$ 3,735,965$ 10,285,564$ 4,328,718$ 592,753$ 16% Use of Reserves 2,979$ 94,674$ 122,516$ 114,365$ 19,691$ 21% Star Center Debt Revenues 694,866$ 710,365$ 710,365$ 710,105$ (260)$ (0%) Operating Expenses 712,915$ 710,365$ 710,365$ 709,805$ (560)$ (0%) Use of Reserves 18,049$ -$ -$ -$ -$ 0% EDC Debt Service Revenues 904,615$ 907,103$ 907,103$ 169,376$ (737,727)$ (81%) Operating Expenses 904,615$ 907,103$ 907,103$ 169,376$ (737,727)$ (81%) Use of Reserves -$ -$ -$ -$ -$ 0% Water & Wastewater Debt Revenues 528,701$ 607,654$ 607,654$ 817,909$ 210,255$ 35% Operating Expenses 524,051$ 607,654$ 607,754$ 817,909$ 210,255$ 35% Use of Reserves -$ -$ 100$ -$ -$ 0% Texas Star Sports Complex Debt Revenues 163,900$ 159,400$ 159,400$ 163,200$ 3,800$ 2% Operating Expenses 163,525$ 159,400$ 159,400$ 163,200$ 3,800$ 2% Use of Reserves -$ -$ -$ -$ -$ 0% Texas Star Golf Course Debt Revenues 610,262$ 612,049$ 612,049$ 613,849$ 1,800$ 0% Operating Expenses 608,850$ 612,049$ 612,049$ 613,849$ 1,800$ 0% Use of Reserves -$ -$ -$ -$ -$ 0% The Texas Star Sports Complex Debt Service Fund is used to account for a pledge of the surplus net revenues derived from the operation and ownership of the Softball World complex and The Parks At Texas Star. Expenses are dedicated to payment of annual debt service requirements. The Golf Course Debt Service Fund is used to account for a pledge of the surplus net revenues derived from the operation and ownership of the Texas Star Golf Course. Expenses are dedicated to payment of annual debt service requirements. The Star Center Debt Fund is used to account for monthly lease payments on the Dr. Pepper Stars Centre. 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, operating and capital 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, and Revenue Supported Bonds. These Bonds represent direct and special obligations of the City. The G.O 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, 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. 27 Personnel Counts by Division FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED CITY MANAGERS OFFICE 3.50 3.50 3.50 3.50 CITY SECRETARY 3.50 3.50 3.50 3.50 INFORMATION SERVICES 1.00 1.00 1.00 1.00 FACILITY MAINTENANCE 3.00 3.00 3.00 3.00 LIBRARY 9.00 9.00 9.00 9.00 Total City Administration 20.00 20.00 20.00 20.00 FINANCE/BUDGET 2.00 2.00 2.00 2.00 COURTS 7.75 7.75 7.75 7.75 ACCOUNTING 2.50 3.50 2.50 3.50 PERSONNEL 3.50 3.50 3.50 3.50 PURCHASING 1.00 1.00 1.00 1.00 Total Finance/HR Department 16.75 17.75 16.75 17.75 PD CODE 14.00 14.75 14.75 1 15.00 PD ADMINISTRATION 4.00 5.75 5.75 1 6.00 PD PATROL 42.00 41.00 41.00 1 42.00 PD INVESTIGATION 15.00 13.50 13.50 1 13.00 PD SERVICE 22.00 22.00 22.00 22.00 PD DETENTION 18.00 18.00 18.00 18.00 Total Police Department 115.00 115.00 115.00 116.00 FIRE MARSHALL 4.00 4.00 4.00 4.00 FD ADMINISTRATION 4.00 4.00 4.00 4.00 FD PARAMEDIC 64.00 64.00 64.00 64.00 Total Fire Department 72.00 72.00 72.00 72.00 PLANNING 2.50 2.50 2.50 2.50 INSPECTIONS SERVICES 4.00 4.00 4.00 4.00 ENVIRONMENTAL HEALTH 0.00 0.00 0.00 0.00 Total Planning & Development 6.50 6.50 6.50 6.50 RECREATION 6.50 6.50 6.50 6.50 PARKS 12.00 11.00 11.00 11.00 SENIOR CENTER 2.00 2.00 2.00 2.00 PROGRAMS & SPECIAL EVENTS 0.00 0.00 0.00 0.00 RECREATION ADMINISTRATION 1.00 1.00 1.00 1.00 Total Community Services 21.50 20.50 20.50 20.50 STREET MAINTENANCE 8.00 9.50 9.50 9.50 ANIMAL CONTROL 3.00 3.00 3.00 3.00 CITY ENGINEER 0.50 0.50 0.50 0.50 Total Public Works 11.50 13.00 13.00 13.00 GF NON-DEPARTMENTAL 0.00 0.50 0.00 0.50 Total Non-departmental 0.00 0.50 0.00 0.50 TOTAL GENERAL FUND 263.25 265.25 263.75 266.25 EDC - PARKS*10.25 12.25 12.25 12.25 EDC - LIBRARY 10.00 10.00 10.00 10.00 EDC - ECO. DEV.1.00 1.00 1.00 1.00 TOTAL EDC FUND 21.25 23.25 23.25 23.25 WATER OFFICE 5.00 5.00 5.00 5.00 Total Finance 5.00 5.00 5.00 5.00 W&S ENGINEERING 2.50 2.50 2.50 2.50 WATER PRODUCTION 5.25 5.75 5.75 5.75 WATER DISTRIBUTION 7.25 7.25 7.25 7.25 SEWAGE & TREATMENT 7.00 7.00 7.00 7.00 METER READING 1.00 1.00 1.00 1.00 Total Public Works 23.00 23.50 23.50 23.50 INFORMATION SERVICES 4.00 4.00 4.00 4.00 W&S NON-DEPT.9.50 10.00 9.50 10.00 Total Non-departmental 13.50 14.00 13.50 14.00 TOTAL W&S FUND 41.50 42.50 42.00 42.50 GOLF NON DEPARTMENTAL 0.75 0.75 0.75 0.75 GOLF COURSE MAINT.4.00 4.00 4.00 4.00 GOLF PRO SHOP 2.00 2.50 2.50 2.50 GOLF FOOD AND BEVERAGE 3.00 3.00 3.00 3.00 GOLF CONFERENCE CENTRE 1.00 1.50 1.50 1.50 TOTAL GOLF COURSE FUND 10.75 11.75 11.75 11.75 JUVENILE CASE FUND 1.25 1.25 1.25 1.25 CRIME CONTROL FUND 17.00 18.00 18.00 18.00 PUBLIC SAFETY SPECIAL FUND 3.00 3.00 3.00 1 2.00 SERVICE CENTER FUND 5.00 5.00 5.00 5.00 DRAINAGE UTILITY FUND 7.00 7.00 7.00 7.00 SPECIAL RECREATION FUND 0.00 0.00 0.00 0.00 TEXAS STAR SPORTS COMPLEX 1.50 1.50 1.50 1.50 HEALTH INSURANCE FUND 1.00 1.00 1.00 1.00 WC/RISK MANAGEMENT FUND 0.50 0.50 0.50 0.50 TOTAL OTHER FUNDS 36.25 37.25 37.25 36.25 TOTAL ALL FUNDS 373.00 380.00 378.00 380.00 FY2016 Budget Changes (from FY2015 Budget) 1) Shifted position based on funding and job function *FY15 Budget amended to reflect the approved addition of partial year funding for a Special Events Coordinator approved by EDC Board and City Council. 28 Description Date Issued Principal Amount Outstanding Amount of Original Issuance Paying Agent Interest Rate Maturity General Obligation Refunding Bonds, Series 2011 1/15/2011 4,650,000$ 6,575,000$ U.S. Bank, Dallas, Texas 3% to 4%8/15/2021 Tax & Waterworks & Sewer System (limited Pledge) Revenue Certificates of Obligation, Series 2011' 1/15/2011 2,650,000$ 3,035,000$ U.S. Bank, Dallas, Texas 3% to 4.25%8/15/2030 General Obligation Refunding Bonds, Series 2012 +12/1/2011 4,240,000$ 5,955,000$ U.S. Bank, Dallas, Texas 2% to 4%2/15/2024 General Obligation Refunding Bonds, Series 2012A`11/1/2012 6,715,000$ 8,930,000$ U.S. Bank, Dallas, Texas 2% to 4%2/15/2027 General Obligation Refunding Bonds, Series 2014 10/15/2014 5,635,000$ 5,685,000$ U.S. Bank, Dallas, Texas 3%2/15/2020 Tax & Waterworks & Sewer System (limited Pledge) Revenue Certificates of Obligation, Series 2014' 10/15/2014 5,715,000$ 5,715,000$ U.S. Bank, Dallas, Texas 0% to 5%8/15/2034 Taxable General Obligation Refunding Bonds, Series 2010^8/15/2010 5,735,000$ 8,110,000$ U.S. Bank, Dallas, Texas 2.5% to 4.4%8/1/2025 Waterworks & Sewer System Revenue Refunding Bonds, Series 2012*3/29/2012 2,410,000$ 3,340,000$ Bank of Texas 2.03%7/15/2024 Waterworks & Sewer System Revenue Bonds, Series 2013*6/25/2013 1,465,000$ 1,585,000$ U.S. Bank, Dallas, Texas 2% to 5%7/15/2033 Waterworks & Sewer System Revenue Bonds, Series 2015A*+8/5/2015 4,685,000$ 4,685,000$ Texas Water Development Board 0% to 1.98%7/15/2035 Waterworks & Sewer System Revenue Bonds, Series 2015B*+8/5/2015 2,380,000$ 2,380,000$ Texas Water Development Board 0% to 1.68%7/15/2035 Euless Development Corporation, Sales Tax Revenue Refunding Bonds, Series 2012 1/12/2012 285,000$ 3,785,000$ Bank of Texas 1.43%9/15/2019 Proposed Issuance Amount Proposed Sale Type Anticipated Payment Source Proposed Issuance Date Proposed Term 3,065,604$ Competitive Sale Glade Parks TIRZ / PID #1 Revenues October 2015 20 Year 16,748,583$ Competitive Sale Midtown TIRZ / PID Revenues February 2016 25 Year 3,268,910$ Competitive Sale Glade Parks TIRZ / PID #2 Revenues August 2016 20 Year 1,280,000$ Texas Water Development Board Water & Sewer System Revenues August 2016 20 Year ^ Bonds paid by rental income from Dallas Stars Center ' Bonds paid by Tax Increment Financing District & Public Improvement District ` Majority of Bonds paid by Texas Star Golf Course & Softball World. See budget document for details. * Bonds paid by Water & Wastewater user charges + Date issued and Interest Rate corrected from Proposed Budget Document Waterworks & Sewer System Revenue Bonds Description Outstanding Bond Indebtedness Proposed Bond Indebtedness Certificates of Obligation - Glade Parks Phase 3 Certificates of Obligation - Midtown Certificates of Obligation - Glade Parks Phase 4 29 Page Dept Division Fund Program Description Program Type Program Cost Totals Dept Ranking Funded 1 Planning Development General Third Party Plan Review Construction Inspection Capital 20,000$ 20,000$ 1 Yes No 2 CMO Communications General Multi-Media Intern Capital 10,500$ 30,500$ 1 Yes No 4 Admin Svcs Human Resources General Continue Career Prep Capital 7,450$ 37,950$ 1 Yes No 8 Finance Purchasing General Mailing Machine Capital 11,901$ 49,851$ 1 Yes No 10 Admin Svcs Information Svcs General Hardware/Software Replacement Capital 168,820$ 218,671$ 1 Yes No 13 Admin Svcs Information Svcs General Hardware/Software-Court Technology Capital 74,370$ 293,041$ 4 Yes No 16 Admin Svcs Information Svcs General Tablets - Public Works Capital 7,000$ 300,041$ 7 Yes No 17 Admin Svcs Information Svcs General Tablets and Printers - Planning Capital 4,400$ 304,441$ 8 Yes No 26 PD Patrol General Local S.T.E.P.Capital 50,000$ 354,441$ 9 Yes No 28 Fire EMS/Suppression General Automated Compression Devices Capital 59,000$ 413,441$ 1 Yes No 30 Fire EMS/Suppression General Hydraulic Rescue Tools Capital 31,151$ 444,592$ 4 Yes No 31 Fire Fire Marshal General Combined Equipment Package Fire Marshal Capital 6,075$ 450,667$ 5 Yes No 32 Fire EMS/Suppression General Stryker Power Stretchers Capital 32,000$ 482,667$ 6 Yes No 34 Fire EMS/Suppression General Advanced Life Support Training Manikin Capital 20,000$ 502,667$ 8 Yes No 35 Fire EMS/Suppression General Thermal Imaging Camera Capital 12,000$ 514,667$ 9 Yes No 36 Fire Fire Marshal General Fire Training Room Chairs Capital 6,000$ 520,667$ 10 Yes No 39 PW Street General Uninterrupted Power Supply (UPS)Capital 45,000$ 565,667$ 2 Yes No 50 Fleet & Fac Fac Maintenance General Replace Carpet - PD & Courts Building Capital 42,000$ 607,667$ 1 Yes No 51 Fleet & Fac Fac Maintenance General Facility Upgrades - Simmons/Fuller/EFLC Capital 35,000$ 642,667$ 2 Yes No 54 Fleet & Fac Fac Maintenance General Parking Lot Light Replacements - City Complex Capital 25,000$ 667,667$ 5 Yes No 55 Fleet & Fac Fac Maintenance General HVAC Package Unit Replacements Capital 30,000$ 697,667$ 6 Yes No 56 Fleet & Fac Fac Maintenance General Generator Replacement - Building D Capital 40,000$ 737,667$ 7 Yes No 59 Fleet & Fac Fac Maintenance General Roof Replacement - Ruth Millican Capital 5,000$ 742,667$ 10 Yes No 60 Fleet & Fac Fac Maintenance General Refinish Shop Epoxy Floor Capital 24,000$ 766,667$ 1 Yes No 61 Fleet & Fac Fac Maintenance General Replace Floor Cleaning Machine Capital 16,000$ 782,667$ 2 Yes No 65 PACS Recreation General Replace Carpet - Gymnasium Walls Capital 11,000$ 793,667$ 2 Yes No 68 PACS Parks General Ricoh Copier/Printer Capital 5,860$ 799,527$ 5 Yes No 69 PACS Senior Center General Replace Copier - Senior Center Capital 6,480$ 806,007$ 6 Yes No 74 PACS Pools General Mannequin Set for CPR Classes Capital 2,000$ 808,007$ 11 Yes No 76 PACS Recreation General Credit Card Machines Capital 9,100$ 817,107$ 13 Yes No Non-Dept Non-Dept General City's Match for Tarrant County Home Program/CPR Capital 60,000$ 877,107$ Yes No Non-Dept Non-Dept General Transfer to FY2016 Street Overlay Capital 600,000$ 1,477,107$ Yes No 3 CSO Administration General Upgrade Electronic Voting System Capital 30,000$ 1,507,107$ 1 Yes No 15 Admin Svcs Information Svcs General Network Infrastructure Upgrade Capital 31,872$ 1,538,979$ 6 Yes No 29 Fire Fire Marshal General Part-time Fire Inspector Capital 22,832$ 1,561,811$ 3 Yes No 33 Fire EMS/Suppression General Battalion Commmand Vehicle Equipment Capital 25,000$ 1,586,811$ 7 Yes No 42 PW Street General Remote School Zone Flasher Controller Capital 78,400$ 1,665,211$ 5 Yes No 43 PW Street General Remote Traffic Signal Controller Capital 316,000$ 1,981,211$ 6 Yes No 44 PW Street General Pressure Washer Trailer Capital 11,500$ 1,992,711$ 7 Yes No 52 Fleet & Fac Fac Maintenance General Replace Carpet - Building D Capital 60,000$ 2,052,711$ 3 Yes No 57 Fleet & Fac Fac Maintenance General City Hall Water Feature Capital 13,000$ 2,065,711$ 8 Yes No 77 PACS Recreation General Replace Flooring - Track @EFLC Capital 34,000$ 2,099,711$ 14 Yes No Capital & Supplemental Requests 2016 By Fund/Type 30 Page Dept Division Fund Program Description Program Type Program Cost Totals Dept Ranking Funded Capital & Supplemental Requests 2016 By Fund/Type 37 Fire EMS/Supression General Overtime Supplemental 89,662$ 89,662$ 2 Yes No 47 PW Various General Part-time Clerk/Receptionist Supplemental 20,149$ 109,811$ 1 Yes No 9 Finance Finance Admin General Portfolio Asset Management Supplemental 35,000$ 144,811$ 1 Yes No 49 PW Street General Field Tech I Supplemental 55,338$ 200,149$ 3 Yes No 63 Fleet & Fac Fac Maintenance General Full-time Office/Clerical Worker - Fleet & Fac Supplemental 49,590$ 249,739$ 1 Yes No 79 PACS Recreation General Full-time Recreation Center Supervisor Supplemental 79,910$ 329,649$ 1 Yes No 11 Admin Svcs Information Svcs W/WW Hardware/Software Replacement Capital 168,820$ 168,820$ 2 Yes No 14 Admin Svcs Information Svcs W/WW WaterCAD License Upgrade Capital 5,177$ 173,997$ 5 Yes No 40 PW Water Distribution W/WW Valve and Vactor Trailer Capital 40,491$ 214,488$ 3 Yes No 45 PW Wastewater W/WW Sewer Camera Crawler Capital 16,500$ 230,988$ 8 Yes No 53 Fleet & Fac Fac Maintenance W/WW Well Lot Infrastructure - Misc. Repairs Capital 15,000$ 245,988$ 4 Yes No 38 PW Water Distribution W/WW Water Line Leak Detection Program Capital 40,000$ 285,988$ 1 Yes No 41 PW Water Distribution W/WW Trailer Mounted Air Compressor Capital 20,900$ 306,888$ 4 Yes No 46 PW Water Distribution W/WW Paint Fire Hydrants Capital 28,800$ 335,688$ 9 Yes No 48 PW Water Distribution W/WW Field Tech I Supplemental 55,338$ 55,338$ 2 Yes No 6 Admin Svcs Library EDC Library Furniture Capital 23,817$ 23,817$ 1 Yes No 12 Admin Svcs Information Svcs EDC Hardware Upgrades-Parks and Library Capital 55,248$ 79,065$ 3 Yes No 58 Fleet & Fac Fac Maintenance EDC Library Upgrades Capital 10,000$ 89,065$ 9 Yes No 64 PACS Parks EDC Park Planning Consultant Capital 50,000$ 139,065$ 1 Yes No 66 PACS Parks EDC Parks Equipment Capital 29,100$ 168,165$ 3 Yes No Non-Dept Non-Dept EDC Texas Star Sports Complex Phase V Capital 700,000$ 868,165$ Yes No Non-Dept Non-Dept EDC Transfer to Misc. Park Improvements Capital 80,000$ 948,165$ Yes No 7 Admin Svcs Library EDC 3-D Printer Capital 3,270$ 951,435$ 2 Yes No 18 PD Administration CCPD Part-time Detention PSO Capital 71,500$ 71,500$ 1 Yes No 19 PD Administration CCPD Building Security - Scrambler Pads Capital 19,200$ 90,700$ 2 Yes No 21 PD Administration CCPD PD Training Room Remodel Capital 23,000$ 113,700$ 4 Yes No 22 PD Administration CCPD L3 Video Camera System Capital 43,200$ 156,900$ 5 Yes No 23 PD Administration CCPD Part-time Dispatcher Program Capital 49,670$ 206,570$ 6 Yes No 24 PD Administration CCPD Application Extender Upgrade Capital 9,000$ 215,570$ 7 Yes No 25 PD Administration CCPD Server Software Capital 8,530$ 224,100$ 8 Yes No 27 PD Patrol CCPD Assorted Police Equipment Capital 13,725$ 237,825$ 10 Yes No 67 PACS Recreation Rec Class Fitness Equipment Replacement Capital 75,936$ 75,936$ 4 Yes No 71 PACS Recreation Rec Class Replace Volleyball Equipment Capital 8,500$ 84,436$ 8 Yes No 72 PACS Recreation Rec Class Sound System - Cardio Room @ EFLC Capital 2,500$ 86,936$ 9 Yes No 73 PACS Recreation Rec Class Playbook Printing and Mailing Capital 37,000$ 123,936$ 10 Yes No 75 PACS Recreation Rec Class Digital Display License & Advertising Capital 2,766$ 126,702$ 12 Yes No 80 PACS Recreation Rec Class Towel Service - EFLC Supplemental 30,000$ 30,000$ 2 Yes No 31 Page Dept Division Fund Program Description Program Type Program Cost Totals Dept Ranking Funded Capital & Supplemental Requests 2016 By Fund/Type Non-Dept Non-Dept Car Rental Transfer to ADA/TAS Facility Improvements Capital 15,000$ 15,000$ Yes No Non-Dept Non-Dept Car Rental Transfer Development/Engineering Bldg Construction Capital 2,494,775$ 2,509,775$ Yes No Non-Dept Non-Dept Car Rental Transfer to FY2015 40th CDBG Capital 24,000$ 2,533,775$ Yes No Non-Dept Non-Dept Car Rental Transfer to Glade Parks Trail Connection Capital 10,000$ 2,543,775$ Yes No Non-Dept Non-Dept Car Rental Transfer to East Harwood Road Extention Capital 100,000$ 2,643,775$ Yes No 78 PACS Recreation Hotel/Motel Arbor Daze Capital 70,000$ 70,000$ 15 Yes No 70 PACS Parks Hotel/Motel Replace Streetscape Banners Capital 65,625$ 135,625$ 7 Yes No 5 Admin Svcs Risk Management Risk Mgmt Worker Safety Trailer Mounted Directional Arrow Capital 4,500$ 4,500$ 1 Yes No 20 PD Administration Seized Assets Cadet Program Capital 60,000$ 60,000$ 3 Yes No PD Administration Police Drug DEA Police Equipment Capital 100,000$ 100,000$ Yes No PD Administration Police Drug State Police Equipment Capital 100,000$ 100,000$ Yes No Non-Dept Non-Dept Drainage Transfer to Drainage CIP Capital 60,000$ 60,000$ Yes No Non-Dept Non-Dept TSSC Reserve Texas Star Sports Complex Phase V Capital 425,000$ 425,000$ Yes No Non-Dept Non-Dept EDC Reserve Texas Star Sports Complex Phase V Capital 730,000$ 730,000$ Yes No Non-Dept Non-Dept TSGC Reserve TSGC Misc. Improvements Capital 75,000$ 75,000$ Yes No 62 Fleet & Fac Fleet Svcs Svc Center Vehicle Lift Capital 13,250$ 13,250$ 3 Yes No 32 Supplementary Data 33 Introduction 34 Welcome to a Look at The City of Euless, Texas GEOGRAPHY The City of Euless is located in North Central Texas in Northeast Tarrant County approximately 16 miles west of Dallas and 16 miles east of Fort Worth. The City is located on Texas Highway 183, a six-lane expressway linking Dallas to Fort Worth. Other major highways through the City include State Highway 121, State Highway 360, State Highway 10 and Farm-to-Market Road 157. Euless’ centralized location provides quick access to both Dallas and Fort Worth metropolitan areas and is adjacent to Dallas-Fort Worth (D/FW) International Airport in east Tarrant County, one of the world’s busiest airports. The City has a total land area of 16.9 square miles or 10,371 acres. Of the 10,371 acres, 3,210 acres are located within D/FW Airport and the remaining 7,161 acres outside the airport boundaries. Current development statistics estimate that Euless has approximately 766 acres of undeveloped land remaining outside the airport, with an additional 1,700 developable acres within the airport. HISTORY Euless was officially founded in 1867 and named after the Elisha Adams Euless family. The family settled here with many of their Tennessee neighbors. Mr. Euless served two terms as Tarrant County sheriff in the 1890's. The City of Euless was incorporated on February 24, 1953 with a total population of less than 4,200. The community experienced a growth surge in the 1970’s with the completion of D/FW Airport in 1974. The 1980 census reported the population of Euless as 24,002. The 2010 Census Population Count was 51,277. Current population figures for Euless total 54,050. FORM OF GOVERNMENT Euless now operates under a Home Rule Charter adopted on July 21, 1962, which provides for a council-manager form of government. The Mayor and six Council members are elected at-large. The Council is responsible for all matters of policy and is also the authority for levying taxes, securing revenues, authorizing expenditures of City funds, and incurring City debt. The City Manager is directly responsible to the City Council, and the management of the City’s departments. An organizational chart is included in the Introduction Section of the budget. In addition, several 35 boards and commissions were created to assist the City Council in deciding matters of policy and procedures and meet on various issues throughout the year. DEMOGRAPHICS Euless’ close proximity to D/FW Airport has made the City a major commercial-industrial center for the Northeast Tarrant County area. In recent years, new retail development has added a number of quality shopping centers which provide residents with a variety of goods and services to choose from. This diversified business community provides substantial property tax revenues and sales tax revenues to the City. The City collects 2% of sales and use receipts from businesses within the City. A total of $17,938,901 was collected during FY2014-15. Of 14,604 non-mineral lease property accounts in the City, 12,364 are residential accounts. The top ten taxpayers listed in the following table are found in the remaining 2,240 commercial and industrial accounts. Over the past year, taxable property values increased over $103 million dollars from $3,050,289,663 to $3,153,297,953, a 3.38% increase due to an increase in both residential and commercial property values. Ten Largest Property Taxpayers Population with a median age of 34.7 years (Texas Demographics by Cubit) has increased from 50,750 to 54,050 in ten years. The City’s median household income is $54,576, which compares favorably to $51,900 for the State of Texas (U.S. Census Bureau). The educational level is 90% high school graduate or higher and 68% above high school graduate (American Fact Finder). 36 COMMUNITY INFORMATION Being centrally located, The Hurst-Euless-Bedford area (also known as the Mid-Cities) can tap into the abundant cultural, sports and recreational amenities that Dallas and Fort Worth offer. Citizens of Euless can access some of the Nation’s finest museums, zoos, symphonies, ballets, and operas. In addition, amusement facilities such as Six Flags over Texas, Six Flags Hurricane Harbor Water Park, and Fort Worth’s historic stockyards are all within a short driving distance. For the avid sports enthusiast, both amateur and professional sporting activities are available year- round. Professional sports teams, including the Dallas Cowboys, Texas Rangers, Dallas Mavericks, Dallas Stars, and FC Dallas plays all of their home games within a 20-30 minute drive from Euless. In the spring and summer months, citizens can catch a minor league baseball game featuring the Fort Worth Cats, the Frisco Rough Riders or the Grand Prairie Air Hogs. Or, if you prefer hockey, you can take in an exciting minor league hockey game featuring the Fort Worth Brahmas. For the racing fans, the fastest and loudest sporting facility in the D/FW metroplex is Texas Motor Speedway where top names in both NASCAR and Indy Car racing compete. Collegiate sports are also available through a local university network, which includes Southern Methodist University, Texas Christian University, the University of North Texas, the University of Texas at Arlington, and Texas Wesleyan University. The City is serviced by several medical facilities which are recognized among the best in the D/FW metroplex. Texas Health Resources Harris Methodist H-E-B Hospital (Harris H-E-B) is fully equipped with state-of-the-art technology to meet today’s medical needs. The hospital offers patients a full range of health services in completely modern facilities and has access to CareFlite airborne ambulance to provide quick transport in the most immediate emergencies. In addition to acute care services, Harris H-E-B offers comprehensive programs for the treatment of alcoholism, chemical dependencies, and psychiatric care. The Edwards Cancer Center, located on the hospital campus, offers radiation therapy and a full range of comprehensive cancer care. The City is tied directly into the Tarrant County 9-1-1 emergency response system and provides advanced life support ambulance service through the Euless Fire Department. Educational facilities within the City are provided by the Hurst-Euless-Bedford (HEB) and Grapevine-Colleyville Independent School Districts. The HEB ISD consists of twenty elementary schools, five junior high schools, two high schools, and three non-traditional campuses with total enrollment topping 22,762 students. Of these facilities, six elementary schools, two junior highs, 37 one high school, and one non-traditional campus are located in the City of Euless. The Grapevine- Colleyville ISD has one elementary school located in northern Euless. The school district’s educational program stresses intellectual development, occupational and economic competence, citizenship, personal and social development, and health and physical fitness. Course content and teaching methods are designed to accommodate the needs of each student. These include basic studies, honors courses, advanced placement offerings, and a variety of instructional programs for children with learning disabilities. The commitment to quality learning also extends to higher education. The Tarrant County College (TCC) offers a wide range of curriculum in occupational, basic studies, and continuing education courses with approximately 50,000 students enrolled in TCC's associate degree and technical programs, making it the sixth largest among Texas colleges and universities in terms of enrollment. Numerous two-year degree plans are available and a majority of the courses offered may be transferred to four-year universities. Financial assistance is available to everyone, and counselors are available to answer any questions a student may have. The campus is fully accredited by the Southern Association of Colleges and Schools Commission on Colleges to award an associate’s degree. The City of Euless provides many facilities and services to its Citizens including eighteen parks totaling 345 acres, 3.65 miles of paved trails, 2.75 miles of unpaved trails, four tennis courts, an aquatics park with numerous outdoor and indoor features, two outdoor swimming pools, four sand volleyball courts, 15 playgrounds, a splash pad, two fishing piers, six pavilions, four gazebos, three amphitheaters, a Conference Centre, Golf Course, youth and adult sports complex, and an ice hockey facility. Indoor recreational facilities include a 35,000 square foot recreation center with a 5,000 square foot fitness center, a 35,000 square foot senior center, over 12,000 square feet of rental facilities, an almost 2,000 square foot museum, and a 1,500 square foot log house. The City has three fire stations serviced by 70 certified firefighters and one police station serviced by 92 certified officers. The City also maintains a full service library with over 100,000 materials. Current bond ratings for the City's General Obligation Bonds are "AA" from Standard & Poor’s and "Aa2" from Moody's. The City’s website (www.eulesstx.gov) allows citizens to access vital information and services 24 hours a day, 7 days a week. Interactive functions include the City’s mapping system, subscription to emergency mobile e-mail and text alerts, and subscription to MyEuless which includes construction updates, community news, employment opportunities, library events, Texas Star events, and recreation classes offered. There are many other features that appeal to visitors, businesses, and residents including online forms and payment options, financial information, and events calendar. 38 Mission of The City of Eules s To provide our citizens the most efficient services possible that protect and enhance the quality of life, through planning and visionary leadership. 39 FISCAL YEAR 2015-16 GOALS MATRIX Superior Customer ServiceFiscally ResponsibleSafety And SecurityDiversified Business ClimateQuality InfrastructureAttract VisitorsQuality Leisure OpportunitiesPreserve Positive City ImageAdministration Facilities Library Fiscal Services Police Fire Development Parks & Community Services Public Works Water Department Recreation Arbor Daze Texas Star Sports Complex Texas Star Golf Course Hotel / Motel Economic Development Note: Department Goals that align with City goals are highlighted in blue on the matrix above. 40 Goals & Objectives  The City will maintain a legal, open environment that focuses on providing excellent service to our citizens.  Assure courteous, effective, and efficient service to both external and internal customers.  Pursue technological updates that will enhance customer service.  Structure departmental operations to ensure rapid response and resolution to customer complaints.  The City will maintain financial integrity while minimizing the impact on Euless citizens.  Explore new and innovative revenue sources.  Promote and utilize Euless businesses whenever possible when making municipal purchases.  Adopt the city budget in context of the multi- year financial plan which emphasizes funding of capital projects through operating revenues rather than issuing debt.  Maintain reserves levels as provided for in the city’s fiscal policy.  Retain high bond rating and financial reputation.  Provide Public Safety and Health Services to the community.  Promote proactive neighborhood-based crime watch.  Promote high visibility and community involvement for public safety employees.  Support strict health and code enforcement.  Uphold commitment to environmental programs.  Explore and develop programs to reduce crime.  Maintain excellent reputation in police and fire services.  Provide quality emergency medical services to our citizens.  Employ high-quality, professional, service- oriented personnel.  Promote educational standards and re-education opportunities.  Maintain a work force of highly qualified, friendly, and professional employees.  Provide competitive salary and benefit packages to retain a motivated work force.  Provide for a diversified business climate.  Enhance communication between City Hall and the business community.  Pursue economic development through the use of innovation programs that seeks to emphasize retention and expansion of existing businesses.  Promote the city’s premier locations as a key element to the city’s image and success.  Promote existing and new businesses within the city.  Promote quality infrastructure improvements to allow our city to thrive.  Follow through with the implementation of the city’s master thoroughfare program.  Expand Euless’ street system to effectively accommodate vehicular traffic while protecting the integrity of attractive median and right-of- way landscaping.  Aggressively pursue infrastructure improvements in conjunction with the Capital Improvements Program.  Enhance pedestrian-oriented means of travel throughout Euless to enhance public safety.  Attract visitors to the city.  Enhance special events throughout the city.  Promote the use of the Texas Star Conference Centre to host expanded events.  Promote the use of public art at city buildings and parks.  Enlist sponsors to support and enhance Euless’ high-quality special events.  Pursue the finest educational offerings for the community.  Create innovation programs in our low-income areas to enhance the learning opportunities.  Provide upgrades to our technology within the public library to provide access to all Euless citizens.  Pursue after-school programs for school age children to enhance learning.  Provide quality leisure opportunities.  Review existing and consider additional recreational opportunities for the residential and business communities on a regular basis to satisfy the growing needs of the community.  Continue implementation of the parks master plan, related facilities, and additions to the plan as deemed appropriate.  Maintain the excellence of the Parks at Texas Star, Texas Star Golf Course, Softball World, and the entire park system.  Instill “sense of community” in Euless’ residents.  Build a sense of community through activities including Citizens Police and Fire Academies, Town Hall meetings, Neighborhood meetings, and apartment managers meetings.  Work to find new avenues to involve more residents in the civic process and to serve on boards and commissions with the hope of developing leadership from a diversified section of the community. 41 THE CITY OF EULESS has achieved many honors, awards, and accomplishments throughout the past year. These accomplishments and recognitions would not be possible without the dedicated teamwork and efforts of citizens, numerous volunteers, employees, and elected officials. It all combines to illustrate the wonderful quality of life Euless citizens enjoy. Among the honors and accomplishments are: THE CITY COUNCIL successfully facilitated the transition from the retirement of a long term City Manager to the appointment of the new City Manager. They were able to maintain the ad valorem tax rate at $0.4675 while maintaining the high level of services the citizens have come to expect from the City. The Council was involved and invested in various meetings throughout the year designed to engage and inform our citizens in all aspects of their City. Some of these efforts included holding open town hall meetings, budget meetings and workshops, attending neighborhood meetings, quarterly Tongan Community Committee meetings and holding water conservation forums. They made a continual effort to provide open dialogue and transparency between the staff, themselves and our residents. THE CITY MANAGER’S OFFICE continued to support the Directors and Administrators to accomplish their goals and objectives that support the overall vision and direction given to them from the citizens and elected officials. The support provided is accomplished though leadership, teaching, mentoring, and guidance. It also involves placing the right people in the right position to accomplish those missions. They maintained a solid financial position and a stable property tax rate through development and oversite of the budget. Several City ordinances were updated and the City continued to participate in many programs that enhance the quality of life. Some of these programs include participating in the Community Revitalization Program, maintaining viable partnerships with Federal and State elected officials, other government agencies and organizations, Tarrant County, neighboring cities, local businesses, charities, and churches. THE CITY MANAGER’S COMMUNICATIONS OFFICE continues to provide channels to assist with communications between the City and its citizens. Some of these efforts include using and monitoring social media, maintaining the City Website, activating automatic notification software, utilizing smartphones, as well as through email. They produce the Euless Today newsletter, which goes out monthly to all citizens of Euless. They also maintain the City cable channel, keep information relevant and up to date. They produced a video touting the progression of the Euless Fire Department from volunteer to professional. They assisted the Euless Library Foundation with a website redesign and hosted five presentations during the year on a variety of topics related to water conservation. They participated on the HEB (Hurst, Euless, Bedford) Transit Board and collaborated with the Police and Fire Departments to create a SAFE Business training video. THE CITY SECRETARY’S OFFICE coordinated appointments to the City’s Boards and Commissions and maintained all City ordinances, resolutions, and records retention including the implementation of a records web portal to allow access to city records via the city’s website. They contribute tremendously to the City Council accomplishments by working directly with a variety of organizations, handling Council communications, and assisting with resolutions and proclamations. They processed all requests for open records, while staying within the State statute requirements. THE PARKS DEPARTMENT received the distinction as Tree City USA from the National Arbor Day Foundation for the 29th consecutive year. Only 5 other cities in Texas have received this award more times than Euless. Euless also received the Growth Award for the 25th consecutive year and was one of only 7 cities in Texas to receive this award for going above and beyond the requirements of being a Tree City. Euless parks are among the best in the area and are enjoyed by Euless citizens as well as others from throughout the area. THE COMMUNITY SERVICES DEPARTMENT had daily visits to the Euless Family Life Center increase by 15%. In addition, we surpassed40,000 annual visits to our aquatic center for the 3rd consecutive year, increased class participation by 62%, recruited nearly 10% more volunteers for special events and facilitated nearly 2,000 facility rentals. They also conducted or participated in kid camps, senior trips, the Christmas parade, Trinity Homecoming parade, Christmas and Halloween events, and they developed a great partnership with the Library. Parks and 42 Community Services are a major reason our citizens believe Euless is such a great community to live and raise families. THE TEXAS STAR SPORTS COMPLEX registered over 1,400 league teams and over 1,200 tournament teams between the two facilities. The Parks at Texas Star was also selected to host the first live ESPN televised USSSA World Series games for the 12U Major Division. FACILITY MAINTENACE OPERATIONS began the planning stages for the remodel of the Development/Engineering building. They surveyed all facility needs and supported the upkeep of all City facilities. . They assisted the Euless Family Life Center by having canopy liners installed in an effort to prevent birds from roosting under the canopies. Waste oil heaters were installed at the Parks Maintenance building, utilizing used motor oil for heating the shop. They also oversaw the completion a minor remodel of Fire Station #2. FLEET OPERATIONS received the Automotive Service Excellence (ASE) “Blue Shield of Excellence” award for the 20th consecutive year. The City was recognized by NCTCOG as a leader in emission reduction in North Central Texas for 2015 and obtained “Gold Level” Green Fleet status from Association of Equipment Management Professionals (AEMP) moving up from Silver in the two previous years. THE POLICE DEPARTMENT maintained their Texas Commission on Law Enforcement (TCOLE) training standards. They conducted in-service training sessions and increased emergency response training throughout the department. They held two successful summer camps for at risk youths, while utilizing many community volunteers and staff to be mentors to the kids. They continued to maintain and improve our Neighborhood Block Watch groups, participated in National Night Out Campaign, taught several outreach classes and continued the Citizens Police Academy. They utilized social media to encourage community involvement, provide education, and provide public service announcements. The department is using enriched recruiting techniques and have seen improvement in attracting good police and civilian applicants. The department also instituted a Cadet program targeting young men and women, 18 to 25 years of age, who are interested in a career in Law Enforcement. This is an effort to help local people become great law enforcement employees in the community where they grew up. Detention received a perfect Immigration and Customs Enforcements (ICE) annual inspection report. They housed prisoners for the City of Hurst while their jail was under construction. Communications handled over 99,000 calls for service and Patrol Officers generated over 17,000 self-initiated calls. The Commercial Motor Vehicle Officers continued to make an impact utilizing their skills and training to ensure commercial vehicles operate safely while travelling through Euless. MUNICIPAL COURT continues their relationship with Mothers Against Drunk Driving (MADD) by hosting Victims’ Impact Panel sessions. The court has successfully transitioned to an all paperless dockets. They also processed all citations generated from Euless as well as those generated at DFW Airport that occurred within Euless city limits. THE PUBLIC WORKS AND ENGINEERING DEPARTMENT continued the general maintenance and repair of the City’s infrastructure which includes streets, sidewalks, storm drainage system, water and sewer systems, traffic signals and the reclaimed water system. They were very instrumental in clearing and maintaining City creeks and low water areas which contributed tremendously to the City avoiding major flooding during the spring and fall rains. During those flooding events, staff also directly assisted citizens with the placing of sandbags and barricades to help ensure safety and avoid property loss. Engineering staff completed the design and contract management of several City projects and also conducted reviews and inspection on all City wide development projects. They continued the program to install uninterrupted power supplies on City red lights to prevent loss of service during power outages. The Animal Shelter staff continued its great relationship with the Trinity Girls Awareness Program (GAP) organization, which assist in shelter adoptions, promotion of adoptable animals, and providing additional funds used to service animals. 43 THE EULESS PUBLIC LIBRARY The Mary Lib Saleh Euless Public Library received the Achievement in Excellence in Libraries Award from the Texas Municipal Library Director’s Association for the tenth consecutive year. The Library expanded its community outreach with high quality entertainments and interactive programs, and through successfully partnering with Parks & Community Services. THE INFORMATION SERVICES OFFICE completed all hardware and software upgrades planned for the fiscal year. Network infrastructure upgrades were completed between City facilities to ensure adequate bandwidth to support growing usage. A City-wide 4G wireless network was installed to provide network coverage to all remote sites and assets. A centrally managed Internet Protocol (IP) security camera system was implemented and utilization has continued to grow across City departments since installation. The server virtualization project was started early in the fiscal year and grew exponentially throughout the following months, even expanding into the virtualization of desktop computers. THE FIRE DEPARTMENT responded to over 4,500 emergency calls with an overall average response time of 5:27 minutes. Euless is still one of only twenty six communities in Texas to have obtained Class #1 (PPC) Public Protection Rating with the Insurance Services Organization (ISO). The rapid response vehicle (Squad 55) was utilized and has proven to be an effective and efficient way to respond to certain types of emergencies allowing other apparatus to stay available in their response area. Training continues to be a top priority. The department continues to be involved at the state and local level by participating in regional committees, county work groups, and the Texas Commission on Fire Protection. The Fire Department implemented new EMS protocols, hired and trained three new firefighters, placed new breathing apparatus into service, took delivery of a Pierce pumper and updated the fire officer development program. THE FIRE MARSHAL’S OFFICE conducted 1440 inspections. They assisted in a survey by the Insurance Services Organization to verify that commercial properties in the City were receiving proper fire sprinkler insurance credits. The public education program, which includes the clown program, was expanded to include better use of social media to distribute Public Service Announcements (PSA’s). Through Facebook, the use of static displays and a new marketing approach to fire safety education, a large segment of our community was touched through public education efforts. Not inclusive of social media contacts and static displays, the public education effort resulted in face to face contact with 13,767 citizens. Over 3,000 smoke detectors were checked and Community Emergency Response Team (CERT) training expanded to include drills for the CERT team graduates. THE FINANCE DEPARTMENT received the Distinguished Budget Award for the FY2015 Budget and Certificate of Excellence in Financial Reporting for the FY2014 Audit from the Government Finance Officers Association of the US and Canada. The City also received the Texas Comptroller Leadership Circle Platinum Award for financial transparency. In addition, the department processed over 10,000 accounts payable invoices and managed a multi- million dollar investment portfolio. THE GEOGRAPHIC INFORMATION SYSTEMS (GIS) added the capability to create smartphone and tablet based mapping applications. This enables field employees to have more and better access to critical location information from the jobsite. This project will continue to grow in the coming years as more employees are able to use mobile devices to assist in their job. Additionally, notable updates were made to Police and Fire web-based mapping and online lookup for water utilities. THE HUMAN RESOURCES DEPARTMENT provided orientation programs for new employees and assisted the Fire and Police Departments with promotional testing. The department held monthly safety meetings for employees and administered employee benefit programs. They implemented an online benefits enrollment program which was successfully utilized. THE PURCHASING OFFICE held several online auctions during the year realizing an increase in bidder participation and total number of bids. They continued to expand the procurement card program throughout the City alleviating some of the workload required for small dollar purchases. They continued to assist departments with purchasing guidelines and state law compliance. 44 THE PLANNING AND DEVELOPMENT DEPARTMENT facilitated the ongoing or completed construction of various projects located within the Glade Parks and Riverwalk Euless mixed use developments. Belk’s Department Store, Dick’s Sporting Goods, Dave & Busters, Massage Envy, Five Below, Home Goods, Boot Barn, Cato, Kirkland’s, Michaels, Ulta, Verizon, AT&T, and Sleep Experts are some of the retailers that are located within Glade Parks. Joining Rosa’s Café, Raising Canes, and Potbelly Sandwich are several additional new restaurants including Five Guys Burgers, Panera Bread, and Pie Five. Construction of the Lifestyle Area within Glade Parks is under way and will include 12 buildings that will total over 100,000 square feet of retail and restaurant space, as well as a 35,000 square foot public plaza area. The Lifestyle Area will be surrounded by Dave & Buster’s to the south, a multi- story parking garage and movie theater to the west, and Belk to the north. Site Plans have been approved for an additional 112,000 square feet of grocery and retail space and a 450 unit Urban Loft development to the south of the Glade Parks development. This area is north of Cheek-Sparger Road, east of Heritage and west of Rio Grande Boulevard. Several local commercial and industrial businesses completed expansions including FineLine Productions, Quickway Stamp, and Ricochet Fuels. There are several major developments and transportation projects that have been approved that have created a strong redevelopment momentum south of Airport Freeway. A mixed use development called Midtown, which will consist of commercial retail, single family residential, and urban lofts is underway. A 120 unit senior housing project and a 38 single family lot subdivision south of State Highway 10 between Cullum Drive and Dicky Drive have been approved. Numerous single family residential projects are also under construction. INSPECTION SERVICES issued over 158 new residential building permits, 91 residential remodel permits, 2,144 miscellaneous permits, and 113 certificates of occupancy and assisted in numerous development site plan reviews. They continue to work with the code compliance officers placing emphasis on ordinance compliance through calls, on-site visits, and door hangers, notices of violation, citations, and appearances in municipal court. THE UTILITY BILLING DEPARTMENT staff set-up and distributed information to over 2,200 new accounts, hung more than 8,800 delinquent notices, responded to over 11,500 service calls and billed customers for more than 2 billion gallons of water. TEXAS STAR GOLF COURSE received a 4½ star rating from Golf Digest for the 15th consecutive year and was listed in the top places to play in Texas. The course was named again by Golf Week and Avid Golfer as one of the Top Ranked Municipal Golf Courses in the Metroplex. The Golf Shop is using online tee times from their Texas Star website which has increased the number of on-line bookings. They have also increased their presence on social media to market the course, Raven’s Grille, and the Conference Centre. The renovation of the bunkers to crushed quartz and the greens from Bentgrass to Mini Verde was a success. 45 Residential Monthly Service Charges Water Wastewater Trash Drainage Recycling FY16 Prop $9.75 Base Tiered Rates/tgals 0-2 tgals - $3.24 3-8 tgals - $4.17 9-15 tgals - $4.74 16-35 tgals - $5.27 Over 35 tgals - $5.87 $8.50+90% of metered water usage @ $3.59 per tgals. $8.99 $2.50 $1.26 per home $2.68 per home-cart $1.00 per apt. unit $.63 for Seniors $2.05 for Seniors home-cart FY15 $8.95 Base Tiered Rates/tgals 0-2 tgals - $2.97 3-8 tgals - $3.90 9-15 tgals - $4.47 16-35 tgals - $5.00 Over 35 tgals - $5.60 $7.75+90% of metered water usage @ $3.33 per tgals. $8.73 $2.50 $1.22 per home $2.60 per home-cart $.99 per apt. unit $.61 for Seniors $1.99 for Seniors home-cart FY14 $8.45 Base Tiered Rates/tgals 0-2 tgals - $2.67 3-8 tgals - $3.60 9-15 tgals - $4.17 16-35 tgals - $4.70 Over 35 tgals - $5.30 $7.25+90% of metered water usage @ $3.19 per tgals. $8.48 $2.50 $1.19 per home $2.53 per home-cart $.98 per apt. unit $.59 for Seniors $1.93 for Seniors home-cart General Fund Key Fiscal Points Proposed FY16 % Change Budget FY15 % Change Actual FY14 Operating Expenses $37,349,074 4.55% $35,724,258 7.71% $33,166,242 Capital Expenses~ $ 2,411,193 (16.03%) $ 2,871,610 131.73% $ 1,239,192 Tax Rate .467500 per $100 Debt = .100929 M&O = .366571 0% .467500 per $100 Debt = .102995 M&O = .364505 (0.5%) .4700 per $100 Debt = .109381 M&O = .360619 Taxable Valuation* $3,153,297,953 3.38% $3,050,289,663 6.7% $2,858,755,649 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+ * Includes minimum taxable value of properties under protest and estimate of incomplete properties. ~ Updated from FY16 Proposed Budget Document to include multi-media intern of $10,500. 46 47 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. 48 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. 49 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 the City is to estimate revenues as accurately as possible to allow use of all available funding. The City Manager’s Office completes a final review of the budget and submits a preliminary budget to the City Council. In accordance with Article VII, Section 2 of the City Charter, this document must be submitted to City Council prior to August 1st. STRATEGIC PLANNING The City Council meets for a winter work-session and a budget work-session each year. During these work-sessions, a strategic planning session is held for discussion of short, intermediate, and long-term goals. These goals and the fiscal impact are considered during the budget process and serves as a guide throughout the year for staff. COMPREHENSIVE PLAN The City’s long-term planning has been consolidated into a comprehensive five-year plan produced by the City Manager’s office. This plan is updated every year and serves as the City’s “road map” to which infrastructure, facility, and park projects will be done in the coming years. Each project contains a fiscal impact analysis. The comprehensive plan includes a five-year plan for drainage infrastructure, streets including overlay and construction, water and wastewater line replacement, City facilities, and the parks master plan. The information included in this document is an integral part of the budget process. The Capital Improvements Program details all funded and unfunded projects that have been identified to date and meets the requirements of the City Charter. Article VII, Section 2 (4) requires “A statement proposing any capital expenditures deemed necessary for undertaking during the next budget year and recommended provisions for financing”. Section 2 (5) further requires “A list of capital projects which should be undertaken within the five (5) next succeeding years”. BUDGET ADOPTION The City Charter provides: After public hearing, the City Council makes any changes deemed necessary and adopts the budget at least ten (10) days prior to the beginning of the next fiscal year by a favorable majority vote of all members of the Council. On July 30th and August 1st, the City Council reviewed the preliminary operating and capital budgets. At their regularly scheduled City Council meeting on August 11th, the Euless City Council set a date, time, and place for the budget public hearing on August 25th. City Council held that public hearing and adopted the Budget August 25th. After the budget adoption, the Finance Department prepares a monthly financial report which is presented to the City Council for their review. 50 DATE RESPONSIBILITY ACTION February 25 Managers, Directors &Administrators Budget Kickoff - 2:00PM, City Hall Council Chambers March 6 Managers, Directors &Administrators Computer Request Forms due to Information Services, Vehicle Request due to Fleet Services, and pay plan adjustments to HR. March 16-20 CMO, Finance, Directors Preliminary CIP Review (Facilities, Public Works, PACS) March 27 Managers, Directors, Administrators & Finance All Budget Forms, including FY2016 Budget Forms, Multi-year Budget Forms, Capital & Supplemental Request, with supporting documentation returned to Finance. Departmental Data Entry completed. March 30-April 3 Finance, Directors Visit regarding changes in Fee Ordinance March 30-April 8 Finance Review Departmental Budgets, Data Entry as needed April 9-24 CMO, Finance, Directors Operating & Capital Budget Review with Directors and Administrators May 15 TAD Preliminary Tax Roll from TAD May 15-17 CMO City Manager's Office-Review May 15 CSO, Finance Publish Notice of Public Hearing on CCPD budget to be held on June 8th (CCPD Board) June 8 CCPD Board Hold Public Hearing on CCPD Budget. Adopt FY2016 CCPD Budget. Submit CCPD Budget to City Council. June 8 CC Receive CCPD Budget. Special called meeting at 6:00P.M. June 8 CC, CMO, Directors Pre-Budget Work Session on Capital and Supplemental at 6:15P.M. May 29-June 26 CMO, Finance CMO Final Review, Capital and Supplemental Recommendations, and Finalize CIP June 18 CC, CMO, Directors Town Hall Meeting June 25 CC, CMO, Finance CIP Budget Work Session June 27-July 20 Finance Finalize Preliminary Budget Document July 6 CMO, Finance Weekly Update with FB & Exec. Summaries July 13 CMO, Finance Weekly Update with FB & Exec. Summaries July 20 CMO, Finance Weekly Update with FB & Exec. Summaries July 27*TAD Receipt of Final Tax Roll from TAD ( Make final changes) July 28*Finance Preliminary Budget: CC, CMO, CSO, Library, Website July 29 CSO, Finance Publish Notice of Public Hearing of EDC Budget to be held August 10 th (EDC Board). Publish Notice of City Council Public Hearing of CCPD Budget to be held on August 11th. July 30 CC, CMO, Finance Budget Work Session August 1 CC, CMO, Finance Budget Work Session August 10 EDC Board Hold Public Hearing on EDC Budget and Adopt FY2016 EDC Budget. August 11 CC Vote to Place a Proposal to adopt a Specified Tax Rate on the September 8 th agenda. Schedule Public Hearings on Proposed Tax Rate for August 25 th and September 1st. Schedule Public Hearing on Proposed City and EDC budgets to be held August 25 th. Hold Public Hearing on FY2016 CCPD Budget. Approve CCPD Budget. August 13 CSO, Finance Publish Notice of Property Tax Rate and Public Hearings on Tax Increase to be held August 25 th and September 1st. Publish Notice of Public Hearing on Proposed Budgets (City and EDC) to be held August 25th. August 25 CC Hold Public Hearing on Proposed EDC and City FY2016 budgets. Approve EDC Budget. First Reading and Adoption of the FY2016 Budget. Ratify Property Revenue Increase. Hold 1 st Public Hearing on Proposed Tax Rate. Announce date, time and place of meeting to adopt the proposed tax rate and announce date, time and place of 2nd public hearing on the Tax Rate. September 1 CC Special Called Meeting to Hold 2 nd Public Hearing on Proposed Tax Rate. Announce date, time and place of meeting to adopt the proposed tax rate for Tax Year 2015 for September 8th. September 8 CC Second Reading and Adoption of FY2016 Budget (if necessary). First Reading and Adoption of Tax Rate. Adopt the Tax Roll. September 22 CC Final Reading and Adoption of Tax Rate (if necessary). * Tentative Subject to Change FY2015-2016 Budget Schedule 51 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. 52 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. 53 CITY OF EULESS FISCAL POLICIES I. INTRODUCTION A. Purpose Statement – The City of Euless has an important responsibility to its citizens to carefully account for public funds, to manage municipal finances wisely, and to plan for the adequate funding of services desired by the public. The overriding goal of the Fiscal Policies is to enable the City to achieve a long-term stable and positive financial condition. The watchwords of the City’s fiscal management include integrity, prudent stewardship, planning, accountability, and full disclosure. The purpose of the Fiscal Policies is to provide guidelines for the Director of Finance in planning and directing the City’s day to day financial affairs and in developing recommendations to the City Manager and City Council. The scope of the policies spans accounting, auditing, financial reporting, internal controls, operating and capital budgeting, revenue management, cash management, expenditure control, and debt management. B. Annual Review of Policies – These policies will be reviewed administratively by the Finance Director and City Manager and will be presented to the City Council for approval of any significant changes. II. ACCOUNTING, AUDITING, AND FINANCIAL REPORTING A. Accounting – The Director of Finance is the City’s Chief Accountant and is responsible for establishing the chart of accounts and for properly recording financial transactions. B. Accounts Receivable – This asset account reflects amounts owed to the City from citizens, companies, or other governmental entities. Delinquent accounts will be pursued. C. External Auditing 1. The City will be audited annually by outside independent accountants (auditors). The auditors must be a CPA firm of national reputation and must demonstrate that they have the breadth and depth of staff to conduct the City’s audit in accordance with generally accepted auditing standards and contractual requirements. The auditor’s report on the City’s financial statements will be completed and submitted to City staff within 120 days of the City’s fiscal year end, and the auditor’s management letter will be presented to the City staff accordingly. An interim management letter will be issued prior to this date if any materially significant internal control weaknesses are discovered. 2. The Auditors are accountable to the City Council and will have access to direct communication with the City Council if the City staff is unresponsive to auditor recommendations or if the auditors consider such communication necessary to fulfill their legal and professional responsibilities. 3. Auditor Rotation – The City will not require auditor rotation, but will circulate requests for proposal for audit services at least every five years. D. Internal Auditing – The City recognizes the need for an internal audit function to provide independent, unbiased and objective reviews and assessments of the business activities, operations, financial systems and internal accounting controls of the City and some of its business partners. The reviews and assessments are conducted in order to instill confidence to citizens and stakeholders that resources are responsibly and effectively managed in order to achieve intended results. The City shall devote resources, as available, to conduct operational, financial and performance audits, selected as a result of risk analysis and assessment process. The internal audit function will report directly to the City Manager’s Office. E. External Financial Reporting – The City will prepare and publish a comprehensive annual financial report (CAFR). The CAFR will be prepared in accordance with generally accepted accounting principles and will be presented annually to the Government Finance Officers Association (GFOA) for evaluation and awarding of the Certificate of Achievement for Excellence in Financial Reporting. 54 The CAFR will be published and presented to the City Council within 150 days after the end of the fiscal year. City staffing limitations may preclude such timely reporting. In such case, the Finance Director will inform the City Manager and the City Manager will inform the City Council of the delay and the reasons therefore. F. Internal Financial Reporting – The Finance Department will prepare internal financial reports sufficient for management to plan, monitor, and control the City’s financial affairs. Internal financial reporting objectives are addressed throughout the policies. III. INTERNAL CONTROLS A. Objective – To provide management with reasonable assurance that assets are safeguarded against loss from unauthorized use or disposition. At all times the City of Euless shall maintain an environment conducive to good internal controls. B. Written Procedures – The Finance Director is responsible for developing Citywide written guidelines on accounting, cash handling, and other financial matters which will be approved by the City Manager. The Finance Department will assist Department Managers as needed in tailoring these guidelines into detailed written procedures to fit each department’s specific requirements. C. Department Managers Responsible – Each Department Manager is responsible to ensure that good internal controls are followed throughout his or her department, that all Finance Department guidelines on accounting and internal controls are implemented, and that all independent auditor internal control recommendations are addressed. IV. OPERATING BUDGET A. Preparation – The City’s “operating budget” is the City’s annual financial operating plan. It comprises governmental and proprietary funds, including the General Obligation Debt Service Fund. The budget is prepared by the Finance Director or appointee with the cooperation of all City Departments, and is submitted to the City Manager who makes any necessary changes and transmits the document to the City Council. The operating budget will be submitted to the GFOA annually for evaluation and awarding of the Award for Distinguished Budget Presentation. B. Balanced Budget – The operating budget will be balanced, with current revenues, exclusive of beginning resources, greater than or equal to current expenditures/expenses. C. Adoption Process – Pursuant to City Charter Article VII Section 5, a budget will be presented by the City Manager to the City Council, and to the public through the Euless Public Library, by August 1, and after public hearings the City Council shall adopt, with any changes, at least ten days prior to beginning of the new fiscal year by a majority vote. D. Amendment Process – According to Section 8 of the same article, amendments may be made by ordinance as necessary. E. Planning – The budget process will be coordinated so as to identify major policy issues for the City Council consideration several months prior to the budget approval date so that proper decision analysis can be made. Periodic financial reports will be prepared to enable the Department Managers to manage their budgets and to enable the Budget Office to monitor and control the budget as authorized by the City Manager. Summary financial reports will be presented to the City Council monthly by the third Friday after the end of each month. Such reports will enable the City Council to understand the big picture budget status. Operating Expenditure Control is addressed in another section of the Policies. F. Performance Measures and Productivity Indicators – Where appropriate, performance measures and productivity indicators will be developed and used as guidelines and reviewed for efficiency and effectiveness. This information will be included in the annual budgeting process and reported to the City Council at least annually. V. CAPITAL BUDGET AND PROGRAM A. Preparation – The City’s capital budget will include all capital project funds and all capital resources. The budget will be prepared annually in conjunction with the operating budget. The capital budget will be compiled by the Finance Director with the involvement of all required City departmental project managers. Integration of the fiscal impact of capital improvements on the operating budget will be monitored. 55 B. Definition – 1. Facilities - include any structures or properties owned by the City, the land upon which the facility is situated for the provision of City services, and the initial furniture, fixtures, equipment and apparatus necessary to put the facility in service. Facilities include, but are not limited to the following: administrative offices, parks, service centers and storage yards, recreation centers, libraries, fire stations, jails and courts, and water and sewer related structures. 2. Infrastructure - Includes permanently installed facilities, generally placed underground or at grade, which form the basis for the provision of City services. Typically included are thoroughfares, bridges, water and sanitary sewer lines, drainage channels, and storm sewers. C. Control – All capital project expenditures must be appropriated in the capital budget. The Finance Department must certify the availability of such appropriations or the availability of resources so an appropriation can be made before a capital project contract is presented by the City Manager to the City Council for approval. D. Program Planning – The capital budget will include capital improvements program plans for future years. The planning time frame should normally be at least five years. The replacement and maintenance for capital items should be projected for the next five years. Future maintenance and operations will be fully costed, so that these costs can be considered in the operating budget. E. Alternate Resources – Where applicable, assessments, impact fees, pro-rata charges, or other user- based fees should be used to fund capital projects which have a primary benefit to specified property owners. Drainage Utility revenues are established to fund small citywide drainage projects. Single large drainage projects may be funded by debt. F. Debt Financing – Recognizing that debt is usually a more expensive financing method, alternative financing sources will be explored before debt is issued. When debt is issued, it will be used to acquire major assets with expected lives which equal or exceed the average life of the debt issue. The exceptions to this requirement are the traditional costs of marketing and issuing the debt, capitalized labor for design and construction of capital projects, and small component parts which are attached to major equipment purchases. G. Infrastructure Maintenance – The City recognizes that deferred street maintenance increases future capital costs by an estimated five- to ten-fold. Therefore, a portion of the General Fund budget will be set aside each year to maintain the quality of streets. The amount will be established annually so that repairs will be made amounting to a designated percentage of the value of the streets. H. Reporting – Periodic financial reports will be prepared to enable the Department Managers to manage their capital budgets and to enable the Finance Department to monitor and control the capital budget as authorized by the City Manager. VI. REVENUE MANAGEMENT A. Simplicity – The City will strive to keep the revenue system simple, which will result in a decrease of compliance costs for the taxpayer or service recipient and a corresponding decrease in avoidance to pay. The City will avoid nuisance taxes, fee, or charges as revenue sources. B. Certainty – An understanding of the revenue source increases the reliability of the revenue system. The City will try to understand its revenue sources, and enact consistent collection policies so that assurances can be provided that the revenue base will materialize according to budgets and plans. C. Equity – The revenue system of the City will strive to maintain equity in its structure. That is, the City will seek to minimize or eliminate all forms of subsidization between entities, funds, services, utilities, and customers. However, it is recognized that public policy decisions may lead to subsidies in certain circumstances, e.g., homestead tax exemption. D. Administration – The benefits of a revenue will exceed the cost of producing the revenue. The cost of collection will be reviewed annually for cost effectiveness as a part of the indirect cost, cost of services analysis. Where appropriate, the City will use the administrative processes of State or Federal collection agencies in order to reduce administrative costs. 56 E. Revenue Adequacy – The City will require that there be a balance in the revenue system. That is, the revenue base will have the characteristic of fairness and neutrality as it applies to cost of service, willingness to pay, and ability to pay. F. Cost/Benefit of Abatement – The City will use due caution in the analysis of any tax, fee, or water and wastewater incentives that are used to encourage development. Ideally, a cost/benefit (fiscal impact) analysis will be performed as a part of such review. G. Diversification and Stability – In order to protect the government from fluctuations in a revenue source due to fluctuations in the economy, and variations in weather (in the case of water and wastewater), a diversified revenue system will be maintained which has a stable source of income. H. Nonrecurring Revenues – One-time revenues will not be used for ongoing operations. Nonrecurring revenues will be used only for nonrecurring expenditures. Care will be taken not to use these revenues for budget balancing purposes. I. Property Tax Revenues – 1. Process. Property shall be assessed at 100% of the fair market value as appraised by Tarrant Appraisal District. Reappraisal and reassessment shall be done regularly as required by State law. A 97% collection rate will serve as a goal for tax collections, with a delinquency rate of 3% or less. All delinquent taxes will be aggressively pursued, with delinquents greater than 150 days being turned over to an attorney and a penalty assessed to compensate the attorney as allowed by State law, and in accordance with the attorney’s contract. Annual performance criteria will be developed for the attorney. 2. Reduce Reliance on Property Tax. The City will try to reduce reliance on property tax by seeking additional revenue sources and attempting to expand and diversify the City tax base. J. Exemptions – In order to maintain stability of funds for the City, it is the Council’s intentions for the exemptions presently allowed by the City to be continued with no allowance for additional exemptions. Tax abatements should be used selectively and only when a good chance exists of economic return exceeding the loss. K. User-Based Fees – For services associated with a user fee or charge, the direct and indirect costs of that service will be offset by a fee where possible. There will be an annual review of fees and charges to ensure that fees provide adequate coverage of costs of services. L. Property Tax Distribution – The percentage of the tax rate allocated to the General Fund is the percent equal to the Maintenance and Operations portion of the total tax rate. The allocation of the tax rate for debt purposes is the percent equal to the Interest and Sinking portion of the total tax rate. Debt service should not exceed 40% except for extraordinary and temporary reasons. M. Proprietary – Proprietary funds will pay the General Fund for direct services rendered. Additionally, the Water and Wastewater Fund will pay a franchise fee of 5% of gross receipts. This is to compensate the General Fund for the lost revenue that would be payable from a privately owned utility. N. Franchise Agreements – The City will monitor the status of existing financial agreements and take necessary actions to negotiate new agreements as they near expiration or as they need revisions to best serve the citizens of Euless. O. General and Administrative Charges – A method will be maintained whereby the General Fund may impose a charge to the proprietary funds for general and administrative services (indirect costs) performed on the enterprise funds’ behalf. P. Utility Rates – The City will review and adopt utility rates that will generate revenues required to fully cover operating expenditures, meet the legal restrictions of all applicable bond covenants, and provide for an adequate level of working capital needs. This policy does not preclude drawing down cash balance to finance current operations. However, it is best that any extra cash balance be used instead to finance capital projects. Q. Interest Income – Interest earned from investment of available moneys, whether pooled or not, will be distributed to the funds in accordance with the operating and capital budgets which, wherever 57 possible, will be in accordance with the equity balance of the fund from which moneys were provided to be invested. R. Revenue Monitoring – Revenues actually received will be regularly compared to budgeted revenues and variances will be investigated. This process will be summarized in the appropriate budget report. VII. EXPENDITURE CONTROL A. Appropriations – The level of budgetary control is the department level in the General Fund and Water and Sewer Fund, and the fund level in all other funds. When budget adjustments between funds are necessary, these must be approved by the City Council. Budget appropriation amendments at lower levels of control shall be made in accordance with the applicable administrative procedures through the finance office. B. Central Control – Significant salary and capital budgetary savings in any department will be centrally controlled and may not be spent by the department without specific City Manager authorization. C. Purchasing – All purchases shall be in accordance with the City’s purchasing policies. Purchases and any contracts exceeding the limit established by state law will conform to a formal bidding process as outlined. Recommendations on purchases and contracts that are subject to the bidding process will be made to the City Council for their approval. D. Prompt Payment – All invoices will be paid within 30 days of receipt in accordance with the prompt payment requirements of State law. Procedures will be used to take advantage of all purchase discounts where considered cost effective. However, payments will also be reasonably delayed in order to maximize the City’s investable cash, where such delay does not violate the agreed upon payment terms. E. Equipment Financing – Equipment may be financed when the unit purchase price is $20,000 or more and the useful life is at least four years with City Council approval. VIII. ASSET MANAGEMENT A. Investments – The City’s investment practices will be conducted in accordance with the City Council approved Investment Policies. Utilized objectives: safety, liquidity, and yield. B. Cash Management – The City’s cash flow will be managed to maximize the cash available to invest. C. Investment Performance – At the end of each fiscal year a report on investment performance will be provided by the Finance Director to the City Manager for presentation to the City Council. D. Fixed Assets and Inventory – These assets will be reasonably safeguarded, property accounted for, and prudently insured. IX. FINANCIAL CONDITION AND RESERVES A. No Operating Deficits – Current expenditures will be paid with current revenues. Deferrals, short- term loans, or one-time sources will be avoided as budget balancing techniques. Reserves will be used only for emergencies or nonrecurring expenditures, except when balances can be reduced because their levels exceed guideline minimums. B. Operating Reserves – The General Fund resources balance combined with the Emergency Reserve Fund should be between 30 to 60 days in working capital and never fall to 8.3% of the General Fund expenditures budget. This percentage is the equivalent of 30 days’ expenditures. The Enterprise Fund working capital should be maintained at the 12% (45 to 75 days) level. An additional cash test will be required for the Water and Wastewater Fund to ensure the City’s ability to operate, exclusive of accounts receivable. C. Risk Management Program – The City will aggressively pursue every opportunity to provide for the public’s and City employees’ safety and to manage its risks. All reasonable options will be investigated to finance losses. Such options may include risk transfer, insurance, and risk retention. Where risk is retained, reserves will be established based on actuarial determinations. Such reserves will not be used for any purpose other than for financing losses. 58 D. Compensated Absences – The City will establish a separate reserve within its operating funds to pay for accrued vacation leave. Accrued vacation leave can normally be paid by allowing a vacated position to remain open for several weeks. This reserve will be established based upon a schedule of estimated retirements which will be developed in conjunction with the operating budget. E. Equipment Replacement – The City shall maintain an Equipment Replacement Fund for major rolling stock. Funds will be transferred based on a depreciated calculation of each piece of equipment. F. Health Claims – The City shall maintain a fund for health claims for all employees. Adequate reserves shall be maintained as determined actuarially. All reasonable cost containments will be reviewed to keep the cost to the City and the employees minimal. X. DEBT MANAGEMENT A. Short-Term Debt – Short-term debt may be issued for interim financing, short economic life assets, or funding operational cash flow deficits or anticipated revenues. If utilized, tax anticipation notes (TAN’s) will be retired annually, and bond anticipation notes (BAN’s) will be retired within six months of completion of the project. Any short-term debt outstanding at year end will not exceed 5% (including TAN’s, but excluding BAN’s) of net operating revenues. B. Long-Term Debt – The City may issue long-term debt when it is deemed that capital improvements should not be financed from current revenues, reserves, or short-term borrowings. Long-Term debt will not be used for operating purposes, and the life of the bonds will not exceed the useful life of the projects financed. C. Self-Supporting Debt – When appropriate, self-supporting revenues will pay debt service in lieu of tax revenues. D. Rating – Full disclosure of operations will be made to the bond rating agencies. The City staff, with the assistance of fiscal advisors or bond counsel, will prepare the necessary materials for and presentation to the rating agencies. E. Water and Wastewater Bond Coverage Ratios – The City has both revenue bonds and other indebtedness of the Water and Wastewater Fund. The City will maintain two coverage ratios: 1.50 for revenue bonds “technical average” and 1.25 for all indebtedness “practical coverage”. The City will issue new debt for an Enterprise only after an “additional bonds” test has been applied to the issuance. This test determines that revenues are sufficient to defray the additional debt service burden that will be created by the new issuance. F. Federal Requirements – The City will maintain procedures to comply with arbitrage rebate and other Federal requirements as necessary. In attempt to exempt the City from arbitrage rebate requirements, the City will attempt to issue bonds in increments not to exceed $5,000,000 per calendar year. G. Debt Service Reserves – The Debt Service Fund should not have reserves or balances in excess of one month of principal and interest plus 15% of the principal outstanding of unrefunded debt issued prior to September 1, 1986. This maximum is dictated by Federal law and does not include the amounts accrued for the next debt service payment. The policy above does not preclude the debt service reserves normally established to market revenue bonds. The City’s policy and bond ordinance requirement are to maintain these debt service reserves at the level of the average annual debt service. H. Debt Burden – The Debt Burden should be within the norm of comparable cities. Specifically, maintenance of capacity not to exceed the median per capita and per assessed valuation will be monitored. I. Debt Structuring – The City will issue bonds with an average life of twenty (20) years or less in order to reduce net interest cost and maintain future flexibility by paying off debt earlier. The issuance should contribute to an overall curve that is relatively flat. J. Competitive vs. Negotiated Bidding – The City will analyze on a per issue and market basis the desire to utilize competitive versus negotiated sale of bonds. In either instance, the fiscal staff will present to management and council advantages and disadvantages of the process. 59 K. Bidding Parameters – The notice of sale will be carefully constructed so as to ensure the best possible bid for the City, in light of the existing market conditions and other prevailing factors. Parameters to be examined include:  Limits between lowest and highest coupons  Coupon requirements relative to the yield curve  Method of underwriter compensation, discount or premium coupons  Use of True Interest Cost (TIC) vs. Net interest Cost (NIC)  Use of bond insurance  Deep discount bonds  Variable rate bonds  Call provisions L. Bond Issuance Advisory Fees and Costs – The City will be actively involved in the selection of all financial advisors, underwriters, paying agents, and bond counsel. The City shall evaluate the merits of rotating professional advisors and consultants as well as the kinds of services and fee structures available from independent financial advisors, investment banking firms, and commercial banks. The City will carefully itemize and scrutinize all costs associated with the issuance of bonds. M. Refunding Debt – The City shall continually review outstanding obligations and may initiate refinancing when the potential for present value savings calculate to approximately five percent (5%) or gross savings exceed $100,000. N. Maximum Debt Levels – The water and wastewater bond maximum shall be within Bond Coverage Ratios as stated in this policy. The City will strive to keep the portion of the City’s ad valorem tax rate for interest and sinking (debt service) that is tax supported debt (excluding self-supporting debt) below forty percent (40%) of the total adopted City ad valorem tax rate. The State of Texas limits the total City ad valorem tax rate to $2.50 per $100 valuation. O. Fixed Rate Debt – To maintain a predictable debt service schedule, the City may give preference to debt that carries a fixed interest rate. P. Variable Rate Debt - Variable rate debt is debt that bears interest at a floating rate established at specific intervals. The City strives not to exceed thirty percent (30%) of the City’s total outstanding debt in variable rate debt and may consider using variable rate debt in circumstances where assets and liabilities match, for interim financing, where interest rates are above historic averages, if diversification of debt is desired, or there is a variable revenue stream. XI. STAFFING AND TRAINING A. Adequate Staffing – Staffing levels will be adequate for the fiscal functions of the City to function effectively. Overtime shall be used only to address temporary or seasonal demands that require excessive hours. Workload shedding alternatives as well as technology will be explored before adding staff. B. Training – The City will support the continuing education efforts of all financial staff including the investment in time and materials for maintaining a current perspective concerning financial issues. Staff will be held accountable for communicating, teaching, and sharing with other staff members all information and training materials acquired from seminars, conferences, and related education efforts. C. Awards, Credentials – The City will support efforts and involvements which result in meeting standards and receiving exemplary recitations on behalf of any of the City’s fiscal policies, practices, processes, products, or personnel. Further, the Finance Director will try to obtain and/or maintain designation of Certified Government Finance Officer as awarded by the GFOA of Texas. 60 General Fund 61 $ 9,890,674 $ 10,850,457 $ 10,850,457 $ 8,919,644 REVENUES Property Taxes 10,181,232$ 10,839,160$ 10,839,160$ 11,372,966$ Gross Receipts Tax 4,322,847$ 4,176,974$ 4,342,734$ 4,440,505$ General Sales Tax 10,946,869$ 11,038,642$ 11,345,454$ 11,802,945$ Selective Sales Tax 69,160$ 73,000$ 72,300$ 82,400$ Fines/Fees/Penalties 2,059,661$ 2,120,000$ 1,761,500$ 1,988,000$ Licenses & Permits 1,068,224$ 810,200$ 1,025,742$ 819,300$ Interest Income 26,601$ 30,000$ 22,000$ 35,000$ Intergovernmental Revenue 379,467$ 388,650$ 388,650$ 399,700$ Charges for Service 3,263,264$ 3,144,030$ 2,986,498$ 3,135,627$ Miscellaneous/Rental Income 515,462$ 493,308$ 551,652$ 560,350$ Insurance/Risk/Other Financing Sources -$ -$ -$ Revenues before Transfers 32,832,786$ 33,113,964$ 33,335,690$ 34,636,793$ Transfers from Other Funds 2,532,431$ 2,627,331$ 2,611,799$ 2,718,297$ TOTAL REVENUES 35,365,217$ 35,741,295$ 35,947,489$ 37,355,090$ TOTAL RESOURCES 45,255,891$ 46,591,752$ 46,797,946$ 46,274,734$ EXPENDITURES Personal Services 25,963,878$ 27,820,216$ 27,820,216$ 28,624,154$ Professional/Technical Services 908,980$ 1,192,108$ 1,192,108$ 1,254,323$ Contractual Services 19,842$ 12,000$ 12,000$ 12,000$ Utilities 1,048,981$ 1,026,805$ 1,026,805$ 1,243,261$ Maintenance 1,140,941$ 1,155,310$ 1,155,310$ 1,178,590$ Other Services/Contingencies 221,110$ 449,143$ 449,143$ 439,105$ Insurance 3,147$ 4,640$ 4,640$ 4,640$ General & Administrative 105,008$ 162,513$ 162,513$ 170,893$ Rebates/Incentives 1,791,315$ 1,869,750$ 2,122,305$ 2,074,772$ Supplies 885,328$ 1,005,242$ 1,005,242$ 1,054,752$ Capital Purchases (Equipment)1,223,197$ 2,788,023$ 1,817,902$ 1,911,433$ Debt Service/Bank Charges 103,334$ 101,720$ 101,720$ 6,000$ Expenditures before Transfers 33,415,061$ 37,587,470$ 36,869,904$ 37,973,923$ Transfers to Other Funds 990,373$ 1,008,398$ 1,008,398$ 1,786,344$ TOTAL EXPENDITURES 34,405,434$ 38,595,868$ 37,878,302$ 39,760,267$ ENDING FUND BALANCE 10,850,457$ 7,995,884$ 8,919,644$ 6,514,467$ BUDGET FY2014-15 The estimated decline in fund balance is a planned drawdown used to purchase capital equipment, computers, and special "non-recurring" projects. This drawdown is funded from excess reserves above the recommended 60 day reserve level. PROJECTED FY2015-16 ESTIMATED FY2014-15 ACTUAL FY2013-14 GENERAL FUND SUMMARY BEGINNING FUND BALANCE 62 General Fund Revenues Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Revenues FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Property Taxes 10,145,867$ 10,799,160$ 10,799,160$ 11,332,966$ 533,806$ 5% Prior Year Property Taxes 35,365$ 40,000$ 40,000$ 40,000$ -$ 0% Penalties & Interest 53,131$ 60,000$ 58,500$ 58,000$ (2,000)$ (3%) Sales Tax 8,753,204$ 8,821,633$ 9,076,363$ 9,442,356$ 620,723$ 7% Additional Sales Tax 2,193,665$ 2,217,009$ 2,269,091$ 2,360,589$ 143,580$ 6% Mixed Drink Tax 69,160$ 73,000$ 72,300$ 82,400$ 9,400$ 13% Electric Franchise 1,719,259$ 1,625,000$ 1,674,141$ 1,675,882$ 50,882$ 3% Gas Franchise 425,948$ 325,000$ 440,000$ 435,000$ 110,000$ 34% Telephone Franchise 330,022$ 317,950$ 317,950$ 317,950$ -$ 0% Sanitation Service 194,961$ 196,200$ 211,802$ 211,802$ 15,602$ 8% Recycling Franchise Fee 16,526$ 16,000$ 17,549$ 17,549$ 1,549$ 10% Cable Franchise Fee 672,194$ 645,000$ 645,000$ 665,000$ 20,000$ 3% W&WW Franchise Tax 963,936$ 1,051,824$ 1,036,292$ 1,117,322$ 65,498$ 6% Other Permits 20,475$ 18,000$ 31,602$ 20,000$ 2,000$ 11% Health Permits 78,575$ 80,000$ 70,000$ 80,000$ -$ 0% Fire Permits 38,536$ 43,000$ 58,000$ 46,000$ 3,000$ 7% Contractor Regulatory License 61,100$ 60,000$ 65,950$ 60,000$ -$ 0% Minimum Housing 218,529$ 200,000$ 193,767$ 194,000$ (6,000)$ (3%) Misc. Permits and Fees 58,567$ 47,800$ 57,704$ 51,100$ 3,300$ 7% Building Permits 845,258$ 590,000$ 771,000$ 590,000$ -$ 0% Swimming Pools/Concessions 250,403$ 223,600$ 230,000$ 265,000$ 41,400$ 19% Auto Theft Task Force Grant 89,427$ 87,000$ 87,000$ 92,000$ 5,000$ 6% School Resource Officers 290,040$ 301,650$ 301,650$ 307,700$ 6,050$ 2% Municipal Court 3,366,667$ 3,368,630$ 2,922,694$ 3,244,300$ (124,330)$ (4%) Library Fees 53,880$ 54,400$ 43,689$ 49,600$ (4,800)$ (9%) Ambulance Fees 869,270$ 910,000$ 966,462$ 976,127$ 66,127$ 7% Alarm Revenue 126,140$ 125,000$ 127,100$ 130,000$ 5,000$ 4% Jail Revenue 346,665$ 290,000$ 173,735$ 175,000$ (115,000)$ (40%) Interest Income 26,601$ 30,000$ 22,000$ 35,000$ 5,000$ 17% Miscellaneous 73,456$ 51,650$ 88,415$ 99,650$ 48,000$ 93% Tower Lease 430,889$ 430,458$ 452,512$ 450,000$ 19,542$ 5% Betterment/Contributions 15,069$ 15,000$ 14,262$ 14,500$ (500)$ (3%) Transfers 2,532,431$ 2,627,331$ 2,611,799$ 2,718,297$ 90,966$ 3% TOTAL REVENUES 35,365,217$ 35,741,295$ 35,947,489$ 37,355,090$ 1,613,795$ 5% Use of Reserves -$ 2,871,610$ 1,901,489$ 2,411,193$ (460,417)$ (16%) TOTAL RESOURCES 35,365,217$ 38,612,905$ 37,848,978$ 39,766,283$ 1,153,378$ 3% Sales & Uses Taxes 32% Licenses/Permits 3% Franchise Fees 12%Fines & Fees 13% Interest 0% Transfers 7% Miscellaneous 2% Property Taxes 31% FY15-16 63 General Fund FY2016 revenue assumptions revenue source assumptions Property Taxes Projections are based on current tax rate of 46.75¢ with certified appraisals from Tarrant Appraisal District. Prior Year Property Taxes Projected to remain flat with FY15 budget expectations. Penalties & Interest Projections are based on a slight decrease as collections rates have been better. Sales Tax Projections based on current year actual collections with 2.5% growth and known new businesses less TIF allocation. Additional Sales Tax Based on 25% of projected sales tax revenues. Mixed Drink Tax Projection based on current year actual collections with known new businesses. Electric Franchise Projected slight growth from FY15 with known building projects. Gas Franchise Projected increase based on actual collections. Telephone Access Line Fees Projection to remain flat with FY15 estimated collections. Sanitation Services Franchise Projection to remain flat with FY15 estimated collections. Recycling Franchise Projection to remain flat with FY15 estimated collections. Cable Franchise Projection increase based on prior year actual receipts. Water & Wastewater Franchise Based on 5% of projected gross receipts in Enterprise Fund. Other Permits Projection for a slight increase. Health Permits Projection to remain flat with FY15 budget. Fire Permits Projection for a slight increase from FY15 budget. Contractors Regulatory License Projection to remain flat with FY15 budget. Minimum Housing Projections based on apartment inspection rate structure. Miscellaneous Permits and Fees Projected slight increase from FY15 budget. Building Permits Projection to remain flat with FY15 budget projections. Police Program Reimbursements Based on 80% of projected officer salary School Police Reimbursements Based on current contract of four patrol officers. Municipal Court Projected to increase from FY15 estimates due to additional staffing. Library Fees Projected to decrease from FY15 budget based on actual collections. Ambulance Fees Due to new pricing structure projections are based on FY15 year-end estimates with a slight increase. Alarm Revenue Projected slight increase from FY15 budget. Jail Revenue Projected reduction due to federal policies. Interest Income Projected to increase slightly from FY15 estimates as interest rates are expected to increase slightly in third quarter of 2015. Miscellaneous Projected to increase based on FY15 estimated collections. Tower Lease Revenue Based on current lease agreements. Betterment Contributions Projected slight decrease from FY15 Budget. Transfers Based on administrative fees charged to utility operations and 1/3 of Euless’ portion of the Car Rental Tax. 64 General Fund Multi-Year Analysis FY15 Budget to REVENUE ACTUAL ACTUAL ACTUAL BUDGETED ESTIMATED PROPOSED FY16 Proposed SOURCE FY2012 FY2013 FY2014 FY2015 FY2015 FY2016 % Diff Property Taxes $9,100,486 $9,740,510 $10,234,363 $10,899,160 $10,897,660 $11,430,966 4.9% Franchise Fees $4,114,181 $4,077,699 $4,322,846 $4,176,974 $4,342,734 $4,440,505 6.3% Sales & Use Taxes $9,430,501 $10,157,469 $11,016,029 $11,111,642 $11,417,754 $11,885,345 7.0% Fines & Fees $4,418,694 $4,988,268 $5,026,499 $4,971,630 $4,491,680 $4,888,027 (1.7%) Licenses & Permits $1,263,731 $1,186,348 $1,321,041 $1,038,800 $1,248,023 $1,041,100 0.2% Interest Income $47,169 $40,710 $26,601 $30,000 $22,000 $35,000 16.7% Int'gov't./Trans./Misc. $3,573,878 $3,387,299 $3,417,838 $3,513,089 $3,527,638 $3,634,147 3.4% TOTAL REVENUES $31,948,640 $33,578,303 $35,365,217 $35,741,295 $35,947,489 $37,355,090 4.5% Revenue Source - Percentage of General Fund Revenues Average Property Taxes 28% 29% 29% 30% 30% 31% 29.64% Franchise Fees 13% 12% 12% 12% 12% 12% 12.15% Sales & Use Taxes 30% 30% 31% 31% 32% 32% 30.93% Fines & Fees 14% 15% 14% 14% 12% 13% 13.73% Licenses & Permits4%4%4%3%3%3%3.40% Interest Income 0%0%0%0%0%0%0.10% Int'govern./Misc. 11% 10% 10% 10% 10% 10% 10.05% 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. Through the years the trend now shows sales and use tax to be the largest source of revenues averaging 30.93% of the total. Previously this was property tax which is now the second highest source on average at 29.64% and fines third at 13.73%. Franchise Fees make up approximately 12.15% of total revenues with other sources varying from less than 1% to a little over 10%. $0.0 $5.0 $10.0 $15.0 $20.0 $25.0 $30.0 $35.0 $40.0 FY2012 FY2013 FY2014 FY2015 BUD FY2015 EST FY2016 PROPRevenues In MillionsProperty Taxes Franchise Fees Sales & Use Taxes Fines & Fees Licenses & Permits Interest Income Int'gov't./Trans./Misc. 65 Operating & Maintenance Debt Service Adj. Net Taxable Value Assessed $2,920,707,862 $2,920,707,862 TIF Increment Value $53,941,226 Proposed Tax Rate per $100 Valuation 0.366571 0.100929 Estimated Tax Levy $10,706,473 $2,947,836 Est. Percent of Collection (O&M and I&S)98.50%100.00% Estimated Collections $10,545,876 $2,947,836 Ceiling Revenues $787,090 TIF Assessment - City Portion Total Collections $11,332,966 $2,947,836 Additional Rate Percent $ Amount Sales Tax Total Operating & Maintenance - General Fund*0.366571 78.41%$11,332,966 2,360,589$ 13,693,555$ Interest and Sinking - Debt Service Fund 0.100929 21.59%$2,947,836 -$ 2,947,836$ TOTAL 0.467500 100.00%$14,280,802 2,360,589$ 16,641,391$ Fiscal Operating &Interest &Total Year Maintenance Sinking Tax Rate 2007 0.343227 0.146273 0.489500 2008 0.340341 0.129659 0.470000 2009 0.351937 0.118063 0.470000 2010 0.360791 0.109209 0.470000 2011 0.343905 0.126095 0.470000 2012 0.345388 0.124612 0.470000 2013 0.355130 0.114870 0.470000 2014 0.360619 0.109381 0.470000 2015 0.364505 0.102995 0.467500 Proposed 2016 0.366571 0.100929 0.467500 PROPERTY TAXES Estimated Revenues FY16 Proposed Fund Distribution 0.000000 0.100000 0.200000 0.300000 0.400000 0.500000 0.600000 2007 2008 2009 2010 2011 2012 2013 2014 2015 Proposed 2016Cents Per $100 ValuationTen Year Breakdown of Tax Rate Interest & Sinking Operating & Maintenance 66 General Fund Expenditures Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. City Council 28,261$ 40,875$ 40,875$ 40,875$ -$ 0% City Administration 503,494$ 552,755$ 552,755$ 541,930$ (10,825)$ (2%) City Secretary 316,171$ 352,477$ 352,477$ 371,870$ 19,393$ 6% Communications/Marketing 10,664$ 23,475$ 23,475$ 23,475$ -$ 0% Total - City Administration 858,591$ 969,582$ 969,582$ 978,150$ 8,568$ 1% Finance/Budget 215,284$ 232,304$ 232,304$ 243,771$ 11,467$ 5% Municipal Court 684,997$ 712,871$ 712,871$ 726,114$ 13,243$ 2% Accounting 221,572$ 321,144$ 321,144$ 350,198$ 29,054$ 9% Purchasing 79,818$ 91,643$ 91,643$ 86,934$ (4,709)$ (5%) Total - Finance 1,201,671$ 1,357,962$ 1,357,962$ 1,407,017$ 49,055$ 4% Emergency Management 29,387$ 50,775$ 50,775$ 50,775$ -$ 0% Police Code Compliance 1,415,752$ 1,581,518$ 1,581,518$ 1,648,960$ 67,442$ 4% Police Administration 684,577$ 819,734$ 819,734$ 1,000,110$ 180,376$ 22% Police Patrol 4,657,085$ 4,881,511$ 4,881,511$ 5,118,244$ 236,733$ 5% Police CID 1,740,664$ 1,621,319$ 1,621,319$ 1,633,063$ 11,744$ 1% Police Service 1,897,692$ 2,023,770$ 2,023,770$ 2,072,180$ 48,410$ 2% Police Detention 1,436,480$ 1,537,385$ 1,537,385$ 1,600,720$ 63,335$ 4% Total-Police 11,861,637$ 12,516,012$ 12,516,012$ 13,124,052$ 608,040$ 5% Fire Marshal/Education 546,860$ 570,860$ 570,860$ 561,000$ (9,860)$ (2%) Fire Administration 482,016$ 498,143$ 498,143$ 514,693$ 16,550$ 3% EMS/Suppression 7,521,386$ 7,952,330$ 7,952,330$ 8,281,245$ 328,915$ 4% Total-Fire 8,550,262$ 9,021,333$ 9,021,333$ 9,356,938$ 335,605$ 4% Information Services 322,925$ 343,371$ 343,371$ 310,821$ (32,550)$ (9%) Personnel 368,073$ 408,432$ 408,432$ 408,839$ 407$ 0% Facility Maintenance 908,101$ 907,210$ 907,210$ 939,466$ 32,256$ 4% Library 670,355$ 709,266$ 709,266$ 728,164$ 18,898$ 3% Total - Administrative Services 2,269,454$ 2,368,279$ 2,368,279$ 2,387,290$ 19,011$ 1% Planning & Development 263,811$ 291,732$ 291,732$ 307,665$ 15,933$ 5% Inspection Services 308,754$ 327,359$ 327,359$ 353,221$ 25,862$ 8% Total-Development 572,565$ 619,091$ 619,091$ 660,886$ 41,795$ 7% Recreation 595,802$ 656,474$ 656,474$ 665,687$ 9,213$ 1% Parks 1,211,188$ 1,301,269$ 1,301,269$ 1,359,322$ 58,053$ 4% Swimming Pools 89,329$ 132,500$ 132,500$ 159,460$ 26,960$ 20% Senior Center 219,707$ 232,147$ 232,147$ 271,034$ 38,887$ 17% Recreation Admin.57,998$ 68,386$ 68,386$ 71,341$ 2,955$ 4% Total-Parks & Comm Srvcs 2,174,024$ 2,390,776$ 2,390,776$ 2,526,844$ 136,068$ 6% Street Maintenance 1,253,036$ 1,538,892$ 1,538,892$ 1,593,843$ 54,951$ 4% Animal Control 263,362$ 296,945$ 296,945$ 296,019$ (926)$ (0%) City Engineer 60,129$ 85,871$ 85,871$ 107,537$ 21,666$ 25% Total - Public Works 1,576,526$ 1,921,708$ 1,921,708$ 1,997,399$ 75,691$ 4% Legal Services 104,999$ 130,000$ 130,000$ 130,000$ -$ 0% Non-Departmental 3,978,604$ 4,400,515$ 4,653,070$ 4,751,498$ 350,983$ 8% Betterment 17,908$ 29,000$ 29,000$ 29,000$ -$ 0% Total - Non-Depart. 4,101,511$ 4,559,515$ 4,812,070$ 4,910,498$ 350,983$ 8% Total Operating Expenses 33,166,242$ 35,724,258$ 35,976,813$ 37,349,074$ 1,624,816$ 5% Capital Expenses 1,239,192$ 2,871,610$ 1,901,489$ 2,411,193$ (460,417)$ (16%) Total Expenses 34,405,434$ 38,595,868$ 37,878,302$ 39,760,267$ 1,164,399$ 3% City Admin 2% Police 33% Fire 24% Development 2% Non-Depart 12% Admin Srvcs 6% Finance 4% Public Works 5% PACS 6% Capital 6%FY15-16 67 City Administration  General Fund 97.6% City Council 0.1%City Manager's Office 1.3% City Secretary's Office 0.9% Communications /  Marketing 0.1% Budget Appropriation Location & Hours of Operation:  201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.    Mission:  To provide our citizens the most efficient services  possible that protect and enhance quality of life, through  planning and visionary leadership.    Accomplishments FY2014‐15:     Maintained a solid financial position including lowering the  property tax rate.   Continued Community Powered Revitalization Program  (CPR) with Tarrant County, local churches, and Hurst and  Bedford to rehabilitate homes in HEB.   Held citywide Town Hall meetings.   Coordinated Board & Commission Appreciation event.   Maintained document imaging system for City's legislative  records.   Completed updates to the Code of Ordinances.   Responded to all open records requests within State statute  requirements.   Worked with the rapidly changing face of media on Euless  events and issues.   Provided resources for citizens, staff and media to learn  more about City issues and services.  Objectives for FY2015‐16:   Providing quality service at the current levels while  maintaining the City’s tax rate.   Work with developers on major tracts of undeveloped land  as well as emphasis on redevelopment.    Maintain solid financial position while maintaining services  to citizens.   Provide communication forums with Euless citizens,  promoting an open environment between the City and the  community we serve.   Provide emphasis on safety in the community through  quality police and fire services.   Maintain a stable, conservative tax rate that allows for  financial security.   Promote economic development efforts within Euless.   Enhance opportunities to utilize reclaimed water and other  green initiatives such as natural gas.   Continue to enhance City amenities in accordance with long‐ term capital plan and Parks Master Plan.    Maintain the records and minutes of all boards and  commissions.   Conduct general election.   Process public information requests according to State  statutes.   Evaluate and implement solutions to efficiently track and  respond to request from the public.   Create new avenues of promotion for water conservation  and reclaimed water education.   Issues / Trends:     Economic conditions have improved somewhat, but the City  still faces budgetary challenges. City personnel and service  to citizens remain a top priority.    With changing laws, staff training is critical to ensure  compliance with state statutes.   Expand communication method to citizens by utilizing new  trends in technology.                                        68 City Administration  51,750  53,780 54,050   50,000  52,000  54,000  56,000 FY2014 FY2015 FY2016 Population 2,859 3,050 3,153   2,600  2,800  3,000  3,200 FY2014 FY2015 FY2016MillionsProperty Tax  Base Expenditures by Division:      Division Services:  City Council ‐ The Mayor and City Council, as the legislative branch of city government, are responsible for establishing policy by  adopting ordinances (local laws) and resolutions (statements of official policy) for the city government to be implemented by the City  Manager through the administrative staff.    City Manager’s Office – To enhance the City's tradition of professional city management, ensuring the effective use of the City's  resources. To provide support and coordination of legislative and administrative activities. To facilitate the development of priorities  and goals for the City departments. To serve as a link between the City Council and Staff and to see that all policies of the City are  executed. The City Manager is the chief administrative officer for the City of Euless.  The City manager and staff are responsible for  the preparation, recommendation, and execution of the policies to aid in the efficient delivery of services to the citizens.  City Secretary’s Office ‐ The City Secretary's Office is committed to providing support services to the citizens, the City Council members,  and the City staff in a cost effective and efficient manner. The City Secretary serves at the discretion of the City Council and is  responsible for the City Council meeting minutes and other official records such as ordinances, resolutions, contracts, deeds, liens,  etc.  The City Secretary serves as the chief election official conducting all City elections, as the Records Management Officer  administering the Local Government Records Act, and as the coordinator of the Board and Commission appointments.  Communications/Marketing ‐ The Communications/Marketing office is the citizen, staff and media link to Euless city government  enabling each to access information, understand local and regional issues and improve community relations through means of  communication, including cable programming, website, digital and print newsletters, special publications, media relations, special  events, crisis communication and other proactive marketing efforts.    Personnel by Division:      Services Levels:                         Maintain G.O. and W& WW Revenue Bond Ratings at or above Aa2/AA (AA+)   Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. City Council 28,261$ 40,875$ 40,875$ 40,875$ -$ 0% City Administration 503,494$ 552,755$ 552,755$ 541,930$ (10,825)$ (2%) City Secretary 316,171$ 352,477$ 352,477$ 371,870$ 19,393$ 6% Communications/Marketing 10,664$ 23,475$ 23,475$ 23,475$ -$ 0% Total - City Administration 858,591$ 969,582$ 969,582$ 978,150$ 8,568$ 1% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED CITY MANAGERS OFFICE 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 69 Finance Department  General Fund 98.3% Finance / Budget 0.6% Accounting 0.9% Purchasing 0.2% Budget Appropriation Location & Hours of Operation:  201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.    Mission:  To providing accurate and timely financial data to  management, council, and stakeholders to facilitate the  decision making process and regulatory compliance.      Accomplishments FY2014‐15:     Received Distinguished Budget Award and Certification of  Achievement for Excellence in Financial Reporting from the  Government Finance Officers Association of the United  States and Canada (GFOA).   Worked with financial advisors to prepare and issue  continuing disclosure documents and perform arbitrage  rebate calculations on all applicable bond issues.   Earned a market‐based return on the City's investment  portfolio while ensuring compliance with remaining  investment objectives.     Continued to streamline the preparation of budget  schedules by utilizing computer system downloads to  populate data forms.    Continued to refine external audit process by updating and  utilizing year‐end closing and work paper preparation  checklists and assignments.     Received the Leadership Circle Platinum Award from the  State Comptroller's Office for transparency.    Held four online auctions.    Continued to expand the procurement card program with  JPMorgan bank.    Purchasing has established new annual contracts for  various services and supplies to ensure the best value to  the City.     The City has started using a vendor that distributes  construction documents online which results in lower costs  and increased bidder activity.  Objectives for FY2015‐16:   Receive Distinguished Budget Award and Certification of  Achievement for Excellence in Financial Reporting from  GFOA.   Monitor market conditions and determine feasibility of  potential debt refunding or debt issuance.   Optimize return on investment while attaining remaining  investment objectives in accordance with established  policies.     Monitor advances in and leverage of new technology to  automate processes, streamline procedures, and increase  efficiency.    Continue work on document imaging and workflow process  project.   Receive the Leadership Circle Platinum Award from the  State Comptroller's Office for transparency.    Continue to identify additional commodities and services  that could be placed on an annual agreement with the  intent of obtaining lower prices through economies of  scale.    Present various training opportunities for staff.    Issues / Trends:    • Explore new revenue opportunities, monitor City‐wide  expenditures/expenses, maintain current service levels, and  remain competitive in the labor market while working within  budgetary constraints and maintaining a stable tax rate.   • To continue to provide quality services and achieve  operational efficiencies while working within budgetary  constraints.    • To utilize technology to streamline operations to  accomplish more with less.    • To attract and retain knowledgeable, professional  personnel and provide development opportunities for  existing team members.                               70 Finance Department  Expenditures by Division:      Division Services:  Finance / Budget ‐ To establish, monitor, and update the City's fiscal policies to ensure they are both responsive in the current  environment and fiscally responsible.  Administration performs timely and thorough analysis of new pronouncements and legislation  to identify applicability, implementation options, and compliance.    Accounting – The Accounting Division is responsible for planning, collecting, recording, summarizing, and reporting the results of all  financial transactions of the City in a timely manner and in accordance with generally accepted accounting principles; as well as  ensuring compliance with applicable local, state and federal statutes, bond covenants, grant contracts, and management policies.  Purchasing ‐ To conduct all purchases in accordance with state laws.  To foster an understanding and appreciation of a sound  purchasing policy and procedures throughout all departments of the City is the highest priority. Responsible for obtaining the lowest  possible price and best value consistent with delivery terms.  To maintain continuity of supply to support ongoing services,  operations, and construction services. Responsible for advising the user departments of any unusual delays in delivery schedules,  and to maintain sufficient quantities of inventoried supplies for the benefit of all City departments.    Personnel by Division:        Services Levels:     GFOA Distinguished Budget Award      Unmodified Audit Opinion      State Comptroller Leadership Circle Platinum Award    Collateral Compliance     GFOA Certification of Achievement for Excellence in Financial Reporting   Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Finance/Budget 215,284$ 232,304$ 232,304$ 243,771$ 11,467$ 5% Accounting 221,572$ 321,144$ 321,144$ 350,198$ 29,054$ 9% Purchasing 79,818$ 91,643$ 91,643$ 86,934$ (4,709)$ (5%) Total - Finance 516,674$ 645,091$ 645,091$ 680,903$ 35,812$ 6% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED FINANCE/BUDGET 2.00 2.00 2.00 2.00 ACCOUNTING 2.50 3.50 2.50 3.50 PURCHASING 1.00 1.00 1.00 1.00 Total Finance Department 5.50 6.50 5.50 6.50 71 Municipal Court  General Fund 98% Municipal Court 2% Budget Appropriation Location & Hours of Operation:  1102 W Euless Blvd.    Mon‐Wed & Fri, 8 a.m. – 5 p.m.  Thursday, 8 a.m. – 6 p.m.    Mission:  Euless Municipal Court shall serve as an unbiased  entity for the adjudication of Class C cases filed.  The court  and its officers are dedicated to the principles of fair and  impartial justice administered with respect and equality.  Accomplishments FY2014‐15:     Development and implementation of processes to  maximize the Document Management system for  Municipal Court.   Victims Impact Panel hosted by Euless Municipal Court and  Juvenile Case Manager, sponsored and presented by  MADD.   Continued to manage all cases filed in a timely manner.   Offered Community Service Program.  Objectives for FY2015‐16:   Continue to explore and improve processes by maximizing  current software available through technology.   Maintain performance level of 100% citations entered into  the court system within 3 days of filing date and all  warrants issued within 30 days from the date they become  eligible for issuance.    Remain current with the changes in State law.  Issues / Trends:     Implementation of new legislative orders.                      Expenditures by Division:    Division Services:  Municipal Court ‐ Provides administrative and clerical support for municipal court proceedings including, the collection of fines, fees  and state costs, filing citations and complaints, court scheduling, issuing, tracking and clearing warrants, updating and maintaining  court records, and reporting collections, convictions and statistical data to appropriate state agencies.    Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Municipal Court 684,997$ 712,871$ 712,871$ 726,114$ 13,243$ 2% Total - Court 684,997$ 712,871$ 712,871$ 726,114$ 13,243$ 2% 72 Municipal Court  Personnel by Division:     Services Levels:    FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED COURTS 7.75 7.75 7.75 7.75 Total Courts 7.75 7.75 7.75 7.75 32,192  31,172  28,885   27,000  28,000  29,000  30,000  31,000  32,000  33,000 FY2013 FY2014 FY2015 Cases Filed 15,728 15,235  13,601   12,500  13,000  13,500  14,000  14,500  15,000  15,500  16,000 FY2013 FY2014 FY2015 Arrest Warrants  Issued 73 Police Department  Location & Hours of Operation:  Administration, Code, Technological Support, Property &  Evidence, Records  1102 W Euless Blvd.  Mon‐Fri, 8 a.m. – 5 p.m.  Criminal Investigations  1102 W Euless Blvd.  Mon‐Fri, 8 a.m. – 6 p.m.  Communications, Detention, Emergency Management, Patrol   1102 W Euless Blvd.  24/7    Mission:  To provide the citizens of Euless professional,  efficient police services including, but not limited to,  enforcement of Federal, State, and Local Laws; investigation of  criminal offenses; crime prevention; prevention and  investigation of traffic accidents; order maintenance; and  community social services.  Citizens' trust and confidence in  their police department is of central concern.  This is addressed  by insistence upon the maintenance of a high degree of  integrity and professionalism among all police employees.    Accomplishments FY2014‐15:     Continued improvement on Citizens Police Academy.    Introduced new community programs for children and  citizens.   Reduced crime trends.   Met and exceeded TCLEOSE training standards.   Improved/upgraded department equipment with Federal  grant funds.    Re‐certified all department employees in CPR and AED use.   Increased crime watch and burglary prevention methods for  business and residential communities.   Detention Center & Staff received a perfect ICE annual  inspection report.   Expanded Amateur Radio operations and communications  capabilities.   Began installation process of lightning alert service for  outdoor venues.   Processed almost 30,000 emergency 9‐1‐1 calls and over  53,000 non‐emergency calls in the Communication Center.   Reduced processing/dispatch time for Fire/EMS calls by 9  seconds per call, to 49 seconds.   Reduced processing/dispatching times for Police Priority 1  emergency calls to 1:12 minutes.  Objectives for FY2015‐16:   Improve/upgrade department equipment with Federal  grant funds.    Continue Cadet Program, targeting young people 17‐23  years of age to develop future quality police employees.   Increase clearance and stolen property recovery rates.   Expand and improve Citizens Police Academy.   Evaluate and improve the system of processing the  disposition of adjudicated property.    Complete adoption process of Tarrant County HAZMAP  plan.   Decrease the number of residential, commercial, and  vehicular burglaries.   Continue to decrease dispatch times to: under <1:00 minute  for Police P‐1 CFS and to <45 seconds for Fire and EMS.  Issues / Trends:     Succession Planning   Technological Upgrades   Growing demands by Federal, State, and local Emergency  Planners.        General Fund 75.2% Emergency  Management 0.1% Code Compliance 3.1% Administration 1.9% Patrol 9.7% CID 3.1% Service 3.9%Detention 3.0% Budget Appropriation 74 Police Department  FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED PD CODE 14.00 14.75 14.75 15.00 PD ADMINISTRATION 4.00 5.75 5.75 6.00 PD PATROL 42.00 41.00 41.00 42.00 PD INVESTIGATION 15.00 13.50 13.50 13.00 PD SERVICE 22.00 22.00 22.00 22.00 PD DETENTION 18.00 18.00 18.00 18.00 Total Police Department 115.00 115.00 115.00 116.00 Expenditures by Division:     *(1) Budget FY15 amended to exclude $12,000 reported in Non‐departmental Capital.   (2) Budget FY15 amended to exclude $50,000 reported in Non‐departmental Capital.  Division Services:  Emergency Management ‐ To identify, prepare for, respond to and recover from any manmade or naturally occurring disaster that  may strike the City of Euless.  Code Compliance ‐ To provide the Citizens of Euless a safe, healthy, prosperous community in which to live.  Administration – To provide the citizens of Euless professional, efficient police services.  Patrol ‐ To aggressively and intelligently provide the most effective service possible, in partnership with the community, to improve  the quality of life for all of the citizens of Euless.  Criminal Investigations (CID) – To investigate alleged and suspected criminal activity reported to the Department. Personnel conduct  follow‐up investigations on criminal offenses, interview victims and witnesses, interrogate suspects, perform crime scene processing  and evidence recovery, execute search and arrest warrants, prepare criminal cases for prosecution and provide courtroom testimony.  Service – To provide twenty four hour emergency communications, including 911, the processing and storage of all police records,  technical support and assistance for information management, and instruction to the citizens police academy and other local groups.  Detention ‐ To provide safe, secure and sanitary environment for persons being held in the detention facility.  Personnel by Division:                            Services Levels:    Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Emergency Management 29,387$ 50,775$ 50,775$ 50,775$ -$ 0% Police Code Compliance 1,415,752$ 1,581,518$ 1,581,518$ 1,648,960$ 67,442$ 4% Police Administration (1)684,577$ 819,734$ 819,734$ 1,000,110$ 180,376$ 22% Police Patrol (2)4,657,085$ 4,881,511$ 4,881,511$ 5,118,244$ 236,733$ 5% Police CID 1,740,664$ 1,621,319$ 1,621,319$ 1,633,063$ 11,744$ 1% Police Service 1,897,692$ 2,023,770$ 2,023,770$ 2,072,180$ 48,410$ 2% Police Detention 1,436,480$ 1,537,385$ 1,537,385$ 1,600,720$ 63,335$ 4% Total-Police 11,861,637$ 12,516,012$ 12,516,012$ 13,124,052$ 608,040$ 5% 136,038 140,749 134,065 130,000 132,000 134,000 136,000 138,000 140,000 142,000 FY2013 FY2014 FY2015 Total  Service Calls 7,511 7,858 8,603 6,500 7,000 7,500 8,000 8,500 9,000 FY2013 FY2014 FY2015 Total  Arrests 75 Fire Department  General Fund 81% Fire Marshal / Education 1%Administration 1% EMS / Suppression 17% Budget Appropriation Location & Hours of Operation:   Administration, 201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.  Fire Station 1   201 E Ash Ln.  24/7  Fire Station 2  1515 Westpark Way  24/7  Fire Station 3  202 S Main St.  24/7    Mission:  To effectively and efficiently fulfill the obligation  of delivering, at the highest level of competency possible, fire  suppression, rescue, emergency medical care, fire  prevention/inspection, fire safety education, fire  investigation hazardous material response and other services  to the citizens or visitors of Euless.    Accomplishments FY2014‐15:     Achieved 100% compliance with Texas Commission on Fire  Protection on the annual department inspection.   Took delivery of new Pierce Pumper and ordered an  additional Pierce Pumper.   Increased involvement in county and regional organizations  such as NEFDA, Tarrant County Fire Chiefs and Texas Fire  Chiefs Association.   Squad 55 staffed near 65‐75%.   Completed three year heart monitor replacement program.   Placed new air monitoring equipment in service.   Checked over 4,000 smoke detectors in occupied and  vacant apartments.   Lead the Community Emergency Response Team (CERT)  program alongside the Citizens Fire Academy (CFA)  program.    Objectives for FY2015‐16:   Continue to evaluate all areas of fire department  operations to determine optimal efficiency and fire service  delivery.   Complete minor remodel of Fire Station #2.   Evaluate and monitor city population growth and  development to ensure that the fire department service  levels are maintained.   Continue to seek grants and pursue new ways to reduce  costs to citizens.   Complete Urban Area Security Initiative (UASI) grant for  swift water and technical rescue equipment.   Evaluate the 2015 International codes (Fire, Building, etc.)  and prepare for adoption.   Expand the Community Emergency Response Team (CERT)  program to better include the CERT graduates in a formal  refresher training and preparation exercises for community  readiness.    Issues / Trends:     Prepare specifications for new Quint.   Seek a federal grant to aid in staffing costs of Squad 55.    Prepare for growth and development of the City by  analyzing and evaluating the potential demand on the fire  department and resource deployment.    Evaluate the 2015 International codes and prepare for  adoption.   Training demands due to the required certifications.                                 76 Fire Department  Expenditures by Division:    *(1) Budget FY15 amended to exclude $87,487 reported under Non‐departmental Capital.       Division Services:  Fire Marshal / Education ‐ To maintain fire prevention, fire inspection, fire investigation and fire education programs in the  community.    Administration – Responsible for the personnel management, budget, payroll, research and development, records management,  public education and oversight of the department.  EMS/Suppression ‐ To effectively deliver hazard emergency mitigation and emergency medical service to those who call within the  response area. These services are delivered from three stations located strategically throughout the City for optimum response.   Services are targeted to preserve life and protect property. This may range from public education to fire extinguishment to life  safety.    Personnel by Division:      Services Levels:    Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Fire Marshal/Education 546,860$ 570,860$ 570,860$ 561,000$ (9,860)$ (2%) Fire Administration 482,016$ 498,143$ 498,143$ 514,693$ 16,550$ 3% EMS/Suppression (1)7,521,386$ 7,952,330$ 7,952,330$ 8,281,245$ 328,915$ 4% Total-Fire 8,550,262$ 9,021,333$ 9,021,333$ 9,356,938$ 335,605$ 4% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED FIRE MARSHAL 4.00 4.00 4.00 4.00 FD ADMINISTRATION 4.00 4.00 4.00 4.00 FD PARAMEDIC 64.00 64.00 64.00 64.00 Total Fire Department 72.00 72.00 72.00 72.00 4005 4237 4431 291 270 255 FY2013 FY2014 FY2015 Alarms In‐City Mutual Aid 1893 1670 1440 128 106 106 242 296 367 FY2013 FY2014 FY2015 Fire Marshal Activities Fire / Bldg. Plans Received DRC/Construction Meetings Inspections 77 Administrative Services Department  General Fund 94% Information Services 1%Personnel 1% Facility Maintenance 2% Library 2% Budget Appropriation Locations & Hours of Operation:    Information Services, Personnel   201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.  Facility Maintenance   1314 Royal Parkway   Mon‐Fri, 7 a.m. – 5 p.m.  Library   201 N Ector Dr.   Mon, Tues, Thurs 10 a.m. – 9 p.m.; Wednesday 10 a.m. – 6  p.m.; Fri & Sat 10 a.m. – 5 p.m.; Sun 1 – 5 p.m.    Mission:  To maintain and improve the quality of living for  residents and organizational efficiency by managing various  activities of the City.    Accomplishments FY2014‐15:     Completed fiber optic connectivity between remote park  facilities and Texas Star.   Began design and implementation of a protected,  dedicated network for processing credit card transactions.   Began design and implementation of LaserFiche document  imaging in the Finance department.   Began network redesign for sensitive information  segmentation and security.    Assisted Fire and Police Departments with promotional  testing.   Coordinated new employee orientation sessions to  promote employee assimilation.   Streamlined and automated processes where possible to  increase efficiencies.    Implementation of iPad handheld devices for facility field  staff to allow access to the work order system in the field.    Implementation of ADA/TAS recommendations for city  facilities.   Upgraded public computers and Wi‐Fi service to provide a  better experience for patrons.   Created "The Bubble" space and successfully increased  teen library use.   Introduced an iPad Learning Station for preschoolers and  their parents to strengthen technology literacy skills.    Objectives for FY2015‐16:   Move City server hardware to a virtual environment.   Centralize backup systems and implement redundancy and  fail‐over systems for critical applications.   Enhance training programs.   Begin conversion of HPS/MH/Incandescent/Fluorescent  lights to LED fixtures or bulb replacement kits.    Establish a program for the "Greening" of our city facilities.   Complete inspection, assessment, and maintenance  program plan for roof systems.    Introduce a new format, streaming media, so that patrons  may check out movies and music digitally on their mobile  devices.   Utilize collection data analytics to ensure that the library  acquisitions process is as efficient as possible.  Issues / Trends:     Keeping up to date on technological needs of City staff and  the citizens.            78 Administrative Services Department  Expenditures by Division:       Division Services:  Information Services ‐ To provide timely and competent computer services to City departments.  Provide in‐house support for both  software and hardware, and to assist other departments in systems selection, implementation, and operation.  Personnel –Recruitment, hiring, orientation, compensation, benefit administration, safety and risk management and  communications. Ensures compliance with mandates established by the City of Euless, State of Texas, and United States  Government.  Facility Maintenance ‐ To provide the citizens of Euless and city staff with safe and accessible facilities. To maintain the city's  investment in facility structures both interior and exterior, building control equipment, interior environmental controls, security  systems, and lighting control devices.   Library ‐ To serve the continuing informational, educational, cultural and leisure needs of residents of all ages.  To provide the  community with the best possible materials in various formats.  To promote the joy of reading and learning.     Personnel by Division:      Services Levels:      Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Information Services 322,925$ 343,371$ 343,371$ 310,821$ (32,550)$ (9%) Personnel 368,073$ 408,432$ 408,432$ 408,839$ 407$ 0% Facility Maintenance 908,101$ 907,210$ 907,210$ 939,466$ 32,256$ 4% Library 670,355$ 709,266$ 709,266$ 728,164$ 18,898$ 3% Total - Administrative Services 2,269,454$ 2,368,279$ 2,368,279$ 2,387,290$ 19,011$ 1% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED INFORMATION SERVICES 1.00 1.00 1.00 1.00 PERSONNEL 3.50 3.50 3.50 3.50 FACILITY MAINTENANCE 3.00 3.00 3.00 3.00 LIBRARY 9.00 9.00 9.00 9.00 Total Administrative Services 16.50 16.50 16.50 16.50 111,312  106,783  98,596   90,000  95,000  100,000  105,000  110,000  115,000 FY2013 FY2014 FY2015 Library Holdings 557  543  571   520  530  540  550  560  570  580 FY2013 FY2014 FY2015ThousandsLibrary Items Circulated 79 Planning & Development Department  General Fund 98% Planning &  Development 1% Inspection Services 1% Budget Appropriation Location & Hours of Operation:  201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.    Mission:  Planning and Development is primarily  responsible for monitoring the City's property development  through the land use plan. The department reviews site plans  for proposed projects, issues building permits, processes  zoning variance requests and continually assesses the City's  land use plan for future development and redevelopment of  the city.    Accomplishments FY2014‐15:     Facilitated over 60 residential and commercial cases  through the Development Services Group, Planning and  Zoning Commission, and City Council process, affecting 250  acres of property.   Completed revisions to the Unified Development Code.   Facilitated various projects within the Glade Parks and  Riverwalk Planned Developments.   Worked with 26 business/property owners impacted by the  Airport Freeway Segment 2E.   Objectives for FY2015‐16:   Evaluate and recommend potential updating of the Unified  Development Code; parking standards; landscaping and  screening, permitted use table, handling of outdated CUD  districts, and document reorganization.   Effectively administer the redevelopment process  associated with the Midtown project.   Effectively coordinate and administer programs/projects  associated with redevelopment efforts throughout the City,  with specific emphasis on the Tarrant County CDBG and  Home Programs.     Perform all inspections within 24 hours of request.   Provide comments on all plans reviewed within 10 business  days of submittal.   Provide weekly in‐house training and formal training as  needed for inspection staff.   Provide additional on‐line services, applications and  information.   Complete verification of State credentials as required by  new state law.   Implement electronic reporting of inspections in the field  to provide improved customer service and reduce staff  time.  Issues / Trends:     Construction activity will continue with several residential  and commercial developments.   The improved economy has created the most favorable  development climate in over a decade. As projects become  a reality, several hundreds of thousands of square feet of  commercial/retail space will be under construction over  the next few years.  This would create challenges for our  current staff to meet all of the work load demands created  to get the projects through the development process,  complete plan review, and construction inspections.   There are 638 new single‐family residential lots platted  within 12 developments, which will increase our workload  dramatically.   An increase in plans reviews, permitting, and inspections  are anticipated with various commercial construction.   Therefore, the average workload throughout the  department will increase.                                 80 Planning & Development Department  Expenditures by Division:      Division Services:  Planning & Development ‐ To guide the growth and redevelopment of the City, in a well‐planned and sustainable manner, whereby  enhancing the quality of life for residents while encouraging future economic development.  To assist the City Council and Planning  and Zoning Commission in the preparation of long and short range plans; to help guide the City’s future physical development; and  to assist in the planning, preparation, maintenance, coordination and enforcement of land development policies, regulations, and  guidelines. Coordinate the activities of and prepare agendas, packets and minutes for a variety of Boards and Commissions. Assist  developers and citizens with applications for various development activities.  Inspection Services – To evaluate, recommend and enforce minimum standards to safeguard life or limb, health, property and public  welfare by regulating and controlling the design, construction, quality of materials used and occupancy, location and maintenance of  all buildings and structures within the City of Euless and certain equipment specifically regulated. To regulate thorough plan reviews  and field inspections, the initial construction, subsequent remodeling, and occupancy of all buildings and structures within in the City  of Euless.      Personnel by Division:        Services Levels:      Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Planning & Development 263,811$ 291,732$ 291,732$ 307,665$ 15,933$ 5% Inspection Services 308,754$ 327,359$ 327,359$ 353,221$ 25,862$ 8% Total-Development 572,565$ 619,091$ 619,091$ 660,886$ 41,795$ 7% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED PLANNING 2.50 2.50 2.50 2.50 INSPECTIONS SERVICES 4.00 4.00 4.00 4.00 Total Planning & Development 6.50 6.50 6.50 6.50 56  161 150   ‐  50  100  150  200 FY2013 FY2014 FY2015 Certificates of Occupancy  Issued 2,660  3,820  7,078   ‐  1,000  2,000  3,000  4,000  5,000  6,000  7,000  8,000 FY2013 FY2014 FY2015 Inspections 81 Parks & Community Services Department  General Fund 93.6% Recreation 1.7% Parks 3.4% Aquatics 0.4% Senior Center 0.7% Recreation Admin. 0.2% Budget Appropriation Locations & Hours of Operation:    Administration  1314 Royal Parkway  Mon‐Fri, 8 a.m. – 5 p.m.  Parks Department  1997 S Pipeline Rd.  Mon‐Fri, 7 a.m. – 3:30 p.m.  Simmons Center  508 Simmons Dr.  Available for rent, 9 a.m. – 11 p.m.  Euless Family Life Center  300 W Midway Dr.  Mon‐Thurs, 5:30 a.m. – 9 p.m.; Fri, 5:30 a.m. – 8 p.m.; Sat, 8  a.m. – 6 p.m.; Sun, noon – 6 p.m.  Senior Center   Mon‐Wed & Fri, 6:30 a.m. – 4 p.m.; Thurs, 6:30 a.m. – 9 p.m.  Natatorium   Mon‐Fri 8 a.m. – 8:30 p.m.; Sat, 9 a.m. – 3 p.m.;   Sun noon – 3 p.m.  Aquatics Center   Seasonal Hours  Splash Island  600 S Main St.  Seasonal Hours  Wilshire Pool  201 Sierra Dr.  Seasonal Hours    Mission:  To provide direction, leadership and support to  the Parks and Leisure Services Board, Historical Preservation  Committee, and the Economic Development Corporation by  promoting the benefits of parks and recreation to the  community through programming, planning, preservation  and professional staff development.    Accomplishments FY2014‐15:    • Volunteers for programs and activities increased 9.6%.  • Youth class registration increased 40%  • Replaced dumbbells and eight treadmills in the Fitness  Center. Added two interactive Cyber Cycles.   • Aquatic Park attendance increased 3%.  • Grew and planted over 25,000 seasonal plants, shrubs, and  perennials for citywide landscaping.  • Ten lifeguards became certified Lifeguard Instructors.  • Senior Center developed an in‐house, daily senior lunch  program and installed a security camera in the facility.  • Secured tenants for Dr Pepper StarCenter and increased  programs offered at the facility as part of the partnership.  Objectives for FY2015‐16:  • Develop internal and external communications plan for  employees and customers to ensure information  distributed is useful, on‐time and effective.   • Develop a marketing and advertising plan for special events  and programs.   • Develop new recreation programs and enhance current  offerings for citizens.   • Continue to improve irrigation technology to reduce water  usage at City parks and facilities.   • Continue to work towards achieving the overall vision,  goals and objectives as detailed in the Parks Master Plan.   • Look for unique and creative opportunities to update  existing facilities in order to expand program offerings and  meet the needs of the growing population.   Issues / Trends:    • Aging equipment of the Fitness Center.  • Policy revisions due to the Affordable Healthcare Act  affecting part‐time/seasonal employee hours.   • Ability to provide additional rental/meeting room space for  citizens.   • Parks are aging and assessments need to be made to  determine parks usage to provide the best experience.   • Landscapes continue to require additional maintenance  and materials to meet standards.                               82 Parks & Community Services Department 31000 32000 33000 34000 35000 36000 FY2013 FY2014 FY2015 Senior Center Attendance 0 20000 40000 60000 80000 FY2013 FY2014 FY2015 Aquatic Attendance Aquatics Center Wilshire Pool South Euless Pool Natatorium FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED RECREATION 6.50 6.50 6.50 6.50 PARKS 12.00 11.00 11.00 11.00 SENIOR CENTER 2.00 2.00 2.00 2.00 PROGRAMS & SPECIAL EVENTS 0.00 0.00 0.00 0.00 RECREATION ADMINISTRATION 1.00 1.00 1.00 1.00 Total Community Services 21.50 20.50 20.50 20.50 Expenditures by Division: Division Services: Recreation - Encourages a healthy and positive lifestyle through exemplary fitness and recreational programs. Parks - Provides safe and aesthetically pleasing parks, amenities and leisure opportunities thereby contributing to a wholesome lifestyle. Aquatics - Promotes recreation and leisure opportunities for citizens of all ages and skill levels and enhances the quality of life of the community. Senior Center – Furnishes a friendly environment for seniors to stimulate their minds, strengthen their bodies and engage in community. Recreation Admin. – Provides direction, leadership and support to the Parks and Leisure Services Board, Historical Preservation Committee, and the Economic Development Corporation. Promotes the benefits of parks and recreation to the community through programs, planning, preservation and professional staff development. Personnel by Division: Services Levels: Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Recreation 595,802$ 656,474$ 656,474$ 665,687$ 9,213$ 1% Parks 1,211,188$ 1,301,269$ 1,301,269$ 1,359,322$ 58,053$ 4% Swimming Pools 89,329$ 132,500$ 132,500$ 159,460$ 26,960$ 20% Senior Center 219,707$ 232,147$ 232,147$ 271,034$ 38,887$ 17% Recreation Admin.57,998$ 68,386$ 68,386$ 71,341$ 2,955$ 4% Total-Parks & Comm Srvcs 2,174,024$ 2,390,776$ 2,390,776$ 2,526,844$ 136,068$ 6% 83 Public Works Department  Locations & Hours of Operation:    Streets  1513 Westpark Way  Mon‐Fri, 8 a.m. – 5 p.m. and on‐call 24/7  Animal Control  1517 Westpark Way  Mon, Tues, Thurs, Fri, 7 a.m. – 4 p.m.  Wed, 7 a.m. – 6 p.m.  Sat, 9 a.m. – 2 p.m.  On‐call 24/7  Engineering  201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.    Mission:  To maintain and improve the quality of living for  residents by managing the maintenance of streets, sewer and  water services.    Accomplishments FY2014‐15:     Continued street overlay.   Performed crack sealing to extend life of City streets and  pothole repair.   Replaced failing curb and gutter and made sidewalk repairs.   Participated in Trinity GAP Rescue sponsored events.   Provided continuing education for staff.   39th & 40th Year CDBG ADA Ramp replacement projects  completed.   Completed construction of Cullum Dr. from SH 10 to E Huitt  Ln., Rio Grande Blvd. to Cheek‐Sparger Rd., and Brazos Blvd.  from Red River to SH 121.   City Hall Complex ADA modifications completed.  Objectives for FY2015‐16:   Use private vendors to supplement City forces.   Continue to concentrate on deteriorating streets.   Concentrate on preventative maintenance.   Implement 2016 asphalt overlay plan.   Implement 2016 ADA plan.    Provide continuing education for staff.   Encourage adoption from the shelter through Euless  publications, web site and participation at Trinity GAP  Rescue events.   Complete construction of 41st Year CDBG project.  Issues / Trends:     Increase of streets reaching the end of their useful life with  many requiring extensive curb and gutter repairs and ADA  ramp upgrades.   Increased price of petroleum based products including  asphalt.   Utilize contract labor when more efficient.    Locating suitable adoption homes for animals.   Increased wildlife in residential neighborhoods.   Construction unit bid prices show a slow inflationary trend.                 General Fund 97.7%Steets 0.1% Animal Control 1.3% Engineering 0.9% Budget Appropriation 84 Public Works Department  FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED STREET MAINTENANCE 8.00 9.50 9.50 9.50 ANIMAL CONTROL 3.00 3.00 3.00 3.00 CITY ENGINEER 0.50 0.50 0.50 0.50 Total Public Works 11.50 13.00 13.00 13.00 Expenditures by Division:    *(1) Budget FY15 amended to exclude $25,000 reported under Non‐departmental Capital.       Division Services:  Street Maintenance – Maintains safe driving conditions and prolong the material life of City streets through aggressive preventative  maintenance. Performs curb, gutter, street and sidewalk repairs, installation and replacement of street and traffic control signs, right‐ of‐way maintenance, and drainage maintenance.   Animal Control – Provides animal control services to protect the health, safety and welfare of both people and animals efficiently and  professionally.  Enforces City ordinances and regulations concerning pets and other animals. Provides public outreach to citizens and  businesses through public education, training in schools, and community organizations.  Engineering ‐ Provides a safe and efficient street and thoroughfare network which includes proper functioning of all traffic signals,  signs, and installation of street lights throughout the City.  Inspects all Public Works construction within the City and reviews  development plans and studies for regulation compliance, engineering design, safety, and health concerns.  Conducts acquisition of  properties, right‐of‐way and easements and verifies legal documents.    Personnel by Division:                  Services Levels:           39th and 40th Year CDBG Infrastructure Improvements         Cullum Drive Improvements Completed       Brazos Blvd/Rio Grande Completed     Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Street Maintenance 1,253,036$ 1,538,892$ 1,538,892$ 1,593,843$ 54,951$ 4% Animal Control (1)263,362$ 296,945$ 296,945$ 296,019$ (926)$ (0%) City Engineer 60,129$ 85,871$ 85,871$ 107,537$ 21,666$ 25% Total - Public Works 1,576,526$ 1,921,708$ 1,921,708$ 1,997,399$ 75,691$ 4% 1,243,925 721,557 1,022,095 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 FY2013 FY2014 FY2015 Square Feet of Street Maintenance 85 Non‐Departmental  Location & Hours of Operation:  201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.    Mission:  To define the costs in the budget that may not be  specifically identifiable to any operational budget.    Accomplishments FY2014‐15:     Provided funding for the continuation of infrastructure  maintenance which includes the street overlay and  sidewalk programs.   Provided funding for the continuation of the computer  hardware/software replacement program.   Provided funding for the street lighting program and traffic  signal replacement program which will enhance the safety  of the City.    Objectives for FY2015‐16:   Provide funding for infrastructure improvements.   Provide funding for one‐time capital purchases.   Provide funding for computer and equipment replacements  in order to maximize productivity.   Provide funding for energy conservation measures which  ultimately results in savings in utility costs.    Issues / Trends:     Balancing rising cost of infrastructure and equipment  purchases with available funds.   Identifying resources to cash flow capital purchases.      Expenditures by Division:    (1)  Budget FY15 amended to exclude $2,697,123 reported as Capital Expense.  (2) Budget FY15 amended to include $2,871,610 Capital Expenses on separate line.  Includes $2,697,123 Non‐departmental, $12,000  from Police Administration, $50,000 from Police Patrol; $87,487 Fire Suppression; and $25,000 Public Works Animal Control.              General Fund 85% Non‐Departmental 10% Capital 5% Budget Appropriation Proposed FY15 Budget to General Fund Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Legal Services 104,999$ 130,000$ 130,000$ 130,000$ -$ 0% Non-Departmental (1)3,978,604$ 4,400,515$ 4,653,070$ 4,751,498$ 350,983$ 8% Betterment 17,908$ 29,000$ 29,000$ 29,000$ -$ 0% Total - Non-Depart. 4,101,511$ 4,559,515$ 4,812,070$ 4,910,498$ 350,983$ 8% Capital Expenses (2)1,239,192$ 2,871,610$ 1,901,489$ 2,411,193$ (460,417)$ (16%) Total - Capital 1,239,192$ 2,871,610$ 1,901,489$ 2,411,193$ (460,417)$ (16%) 86 Non‐Departmental  Division Services:  Non‐Departmental ‐ This activity is administered by the Finance Department and funds various charges that are not defined or  directly related to any specific department or activity of the City.  Examples of costs here include: electrical, general liability  insurance, audit, and contingencies.   These types of expenditures affect all budgets and are generally not prorated. All one‐time  appropriations are accounted for in this department in order to maintain stable department budgets from year to year.    Personnel by Division:    *FY2014 Actual corrected from FY16 Preliminary Budget Document    Services Levels:      FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL* BUDGETED ESTIMATED BUDGETED GF NON-DEPARTMENTAL 0.00 0.50 0.00 0.50 Total Non-departmental 0.00 0.50 0.00 0.50 2,859  3,050  3,153   2,700  2,800  2,900  3,000  3,100  3,200 FY2014 FY2015 FY2016MillionsProperty Tax  Base 51,750  53,780 54,050   50,500  51,000  51,500  52,000  52,500  53,000  53,500  54,000  54,500 FY2014 FY2015 FY2016 Population 87 Enterprise Funds 88 $ 6,090,854 $ 6,187,927 $ 6,187,927 $ 5,544,712 REVENUES Property Tax $ - $ - $ - $ - Gross Receipts Tax $ - $ - $ - $ - General Sales Tax $ - $ - $ - $ - Selective Sales Tax $ - $ - $ - $ - Fines/Fees/Penalties $ 229,788 $ 257,200 $ 233,505 $ 237,000 License & Permits $ - $ - $ - $ - Interest Income $ 11,397 $ 12,530 $ 12,385 $ 12,480 Intergovernmental Revenue $ - $ - $ - $ - Charges for Service $ 24,767,405 $ 27,477,280 $ 26,034,874 $ 28,998,749 Miscellaneous/Rental Income $ 162,464 $ 21,645 $ (23,406) $ 178,895 Other Financing Sources $ 21,260 $ 1,000 $ 20,618 $ - Revenues before Transfers 25,192,313$ 27,769,655$ 26,277,976$ 29,427,124$ Transfer from other Funds $ 3,275,681 $ 1,765,831 $ 1,803,002 $ 1,728,124 TOTAL REVENUES (1) 28,467,994$ 29,535,486$ 28,080,978$ 31,155,248$ TOTAL RESOURCES 34,558,848$ 35,723,413$ 34,268,905$ 36,699,960$ EXPENDITURES Personal Services $ 7,341,640 $ 7,802,729 $ 7,617,236 $ 8,034,757 Professional/Technical Services $ 1,921,254 $ 2,133,226 $ 2,164,427 $ 2,354,687 Contractual Services $ 23,015 $ 16,470 $ 13,981 $ 16,410 Utilities $ 11,342,738 $ 11,656,173 $ 10,465,235 $ 11,978,359 Maintenance $ 643,551 $ 675,981 $ 649,331 $ 795,966 Other Services/Contingencies $ 68,760 $ 167,700 $ 93,288 $ 218,205 Insurance $ 30,035 $ 40,400 $ 40,400 $ 40,400 General & Administrative $ 98,792 $ 120,002 $ 131,504 $ 127,254 Rebates/Incentives $ - $ - $ - $ - Supplies $ 1,818,298 $ 2,020,694 $ 1,890,530 $ 2,067,350 Capital Purchases (Equipment) $ 398,014 $ 815,485 $ 555,663 $ 698,598 Debt Service/Bank Charges $ 5,613 $ 4,000 $ 6,000 $ 6,000 Expenditures before Transfers $ 23,691,710 $ 25,452,860 $ 23,627,595 $ 26,337,986 Transfers to Other Funds $ 4,679,211 $ 5,112,123 $ 5,096,598 $ 5,307,709 TOTAL EXPENDITURES (2) $ 28,370,921 $ 30,564,983 $ 28,724,193 $ 31,645,695 ENDING FUND BALANCE 6,187,927$ 5,158,430$ 5,544,712$ 5,054,265$ ACTUAL FY2013-14 ENTERPRISE FUND SUMMARY (1) FY2013-14 Actual excludes $68,394 period 13 GAAP adjustment for conversion to budgetary basis of accounting as described on page 173. (2) FY2013-14 Actual includes $4,718 period 13 GAAP adjustment for conversion to budgetary basis of accounting as described on page 173. Total expenditures include capital purchases for equipment and transfers to capital improvement projects which are funded from excess reserves above the required 75 day reserve level. FY2016 includes a reduction in working capital for the use of excess reserves. PROJECTED FY2015-16 ESTIMATED FY2014-15 BUDGET FY2014-15 BEGINNING FUND BALANCE 89 Water & Wastewater Revenues Proposed FY15 Budget to Water & Wastewater Actual Budget Estimated Budget FY16 Proposed Revenues FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Interest Income(1)11,095$ 12,000$ 12,000$ 12,000$ -$ 0% Sanitation 189,041$ 190,000$ 195,000$ 195,000$ 5,000$ 3% Water Service 10,786,403$ 11,691,856$ 11,154,039$ 12,489,527$ 797,671$ 7% Wastewater Service 7,100,795$ 7,735,966$ 7,459,904$ 8,403,094$ 667,128$ 9% Reclaimed Water Service 167,083$ 473,650$ 152,671$ 266,813$ (206,837)$ (44%) New Meters(1)31,453$ 25,000$ 60,000$ 60,000$ 35,000$ 140% Reconnect Fees(1)221,675$ 220,000$ 220,000$ 220,000$ -$ 0% Inspection Fees(1)184,180$ 65,000$ 275,000$ 85,000$ 20,000$ 31% Miscellaneous(1)42,190$ 35,000$ 35,000$ 35,000$ -$ 0% Penalties 222,912$ 250,000$ 227,000$ 230,000$ (20,000)$ (8%) Initiations/Transfer Fees(1)29,880$ 26,000$ 26,000$ 30,000$ 4,000$ 15% Recycling Fees 316,643$ 312,000$ 328,000$ 320,000$ 8,000$ 3% Use of Rate Stabilization 1,232,180$ 289,751$ 289,751$ 135,235$ (154,516)$ (53%) Rate Stabilization Rebate (212,180)$ (289,751)$ (289,751)$ (135,235)$ 154,516$ (53%) TOTAL REVENUES 20,323,350$ 21,036,472$ 20,144,614$ 22,346,434$ 1,309,962$ 6% Use of Reserves 40,280$ 837,385$ 604,311$ 479,062$ (358,323)$ (43%) TOTAL RESOURCES 20,363,631$ 21,873,857$ 20,748,925$ 22,825,496$ 951,639$ 4% (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 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 1% Other (1) 2% Water 56% Reclaimed Water 1% Penalties 1% Wastewater 38% FY15-16 90 Water & Wastewater Fund FY16 Revenue Assumptions Revenue Source Assumptions Interest Income Projected to remain flat. Sanitation Services Projected to remain flat with FY15 estimates. Water Service Consumption almost flat with FY2015 year-end projections. Increases of 27¢ per 1000 gallons across all tiers and customer classes with an 80¢ or 8.9% increase in the base rate. Wastewater Service Slight increase in consumption compared to FY2015 year-end projections. Increases of 26¢ per 1000 gallons for all customer classes with a 75¢ increase in the base rate. Reclaimed Water Service Consumption based on fiscal year-end. Rates per tier are based on 90% of the potable water rate per tier. Sale of New Meters Projected to remain flat with FY15 estimates. Reconnect Fees Projected to remain flat with FY15 estimates. Inspection Fees Projected to increase over FY15 budget. Miscellaneous Projected to remain flat. Penalties Projected to decrease compared to FY15 budget. Initiation & Transfer Fees Projected to increase over FY15 budget. Recycling Fees Projected to increase slightly over FY15 budget. 91 Water & Wastewater Expenditures Proposed FY15 Budget to Water & Wastewater Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Water Office 410,737$ 442,066$ 442,066$ 442,746$ 680$ 0% Total-Finance 410,737$ 442,066$ 442,066$ 442,746$ 680$ 0% City Engineer 265,067$ 298,657$ 283,657$ 312,389$ 13,732$ 5% Water Production 7,341,381$ 7,036,183$ 6,219,332$ 7,198,968$ 162,785$ 2% Water Distribution 907,062$ 890,990$ 850,843$ 923,870$ 32,880$ 4% Wastewater Treatment 3,379,744$ 4,122,728$ 3,877,305$ 4,370,324$ 247,596$ 6% Meter Reading 58,738$ 62,131$ 61,131$ 63,612$ 1,481$ 2% Total-Public Works 11,951,992$ 12,410,689$ 11,292,268$ 12,869,163$ 458,474$ 4% Recycling 26,796$ 41,300$ 41,300$ 41,300$ -$ 0% GIS 501,592$ 524,584$ 524,584$ 572,265$ 47,681$ 9% Legal Services 75,000$ 75,000$ 75,000$ 75,000$ -$ 0% Non-Departmental 7,215,197$ 7,512,496$ 7,575,432$ 8,235,460$ 722,964$ 10% Total-Non Departmental 7,818,585$ 8,153,380$ 8,216,316$ 8,924,025$ 770,645$ 9% Total Operating Expenses 20,181,314$ 21,006,135$ 19,950,650$ 22,235,934$ 1,229,799$ 6% Capital Expenses 182,317$ 837,385$ 604,311$ 479,062$ (358,323)$ (43%) Total Expenses 20,363,631$ 21,843,520$ 20,554,961$ 22,714,996$ 871,476$ 4% 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 increases and decreases in costs within the last two years. 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 2% Water Production 32% Water Distribution 4% Wastewater Treatment 19% GIS 2% Capital 2% Non-Depart. 37%FY15-16 92 Finance Department  Location & Hours of Operation:  201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.    Mission:  To provide all customers the best service possible  for prompt administration of their utility accounts.     Accomplishments FY2014‐15:     Completed first full year of new recycling program. 25% of  citizens have requested Carts or Bins.   Online bill payments have increased to 25% of total water  payments, which exceeds walk‐in payments by 1%.   Generated over 12,500 work orders which includes  consumption verification, customer turn‐ons/offs,  meters/transponders change outs, and other service  related orders.    Objectives for FY2015‐16:   Focus on quality Customer Service by networking with  other cities and finding ways to better serve our customers,  both externally and internally.    Take advantage of available computer training through to  find ways to increase efficiency.    Implement electronic transfer of daily deposits to expedite  the deposit process. The availability of monies would be  almost immediate, and notification of returned items  would be faster. Storage time is minimal.   Outsource bills to offset rising cost of mailer maintenance  and postage rates/regulations.  Issues / Trends:     Extremely old meters/transponders must be replaced in  order to obtain accurate consumption numbers.     Expenditures by Division:      Division Services:  Water Office – Duty to perform in a way that will protect the assets of the City and its citizens. Constantly seek ways to raise the  level and quality of customer service provided through continuous monitoring and training.  The services provided include but are  not limited to: establishing new accounts, reading/rereading meters, auditing/monitoring water consumption, billing, answering  customer inquiries, generating and completing work orders for the Water Department and Public Works Department, posting and  depositing customer payments, processing delinquent accounts, receipting and posting financial activity for other City departments.            Water / Wastewater  Fund 98% Water Office 2% Budget Appropriation Proposed FY15 Budget to Water & Wastewater Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Water Office 410,737$ 442,066$ 442,066$ 442,746$ 680$ 0% Total-Finance 410,737$ 442,066$ 442,066$ 442,746$ 680$ 0% 93 Finance Department  Personnel by Division:      Services Levels:      FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED WATER OFFICE 5.00 5.00 5.00 5.00 Total Finance 5.00 5.00 5.00 5.00 11,605  12,273  11,379   10,800  11,000  11,200  11,400  11,600  11,800  12,000  12,200  12,400 FY2014 FY2015 FY2016 Service Calls 13,530  13,719 13,734   13,400  13,450  13,500  13,550  13,600  13,650  13,700  13,750 FY2014 FY2015 FY2016 Water  Customers 94 Public Works Department  Water / Wastewater  Fund 63.8% Engineer 0.9% W Production 20.2% W Distribution 2.6% WW Treatment 12.3% Meter Reading 0.2% Budget Appropriation Locations & Hours of Operation:   Engineering & Meter Reading  201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.  Water Production, Distribution, Wastewater Treatment  1513 Westpark Way   Mon‐Fri, 8 a.m. – 5 p.m. and On‐Call 24/7    Mission:  To provide all customers the best service possible  for prompt administration of their utility accounts.     Accomplishments FY2014‐15:     Completion and distribution of Consumer Confidence  Reports.   No violations on State inspections.   Produced quality water from well system to supplement  TRA water.   Continued to maintain wells for increased production.   Full production of all three wells. Tracked water leaks,  hydrant flushes and water main breaks to provide a more  accurate estimate of un‐billed water.   Responded to water emergencies in a timely fashion.   Decreased City wastewater blockages.    Accurately read all meters in a timely and safe manner.  Objectives for FY2015‐16:   Produce quality water from well system to supplement TRA  water.   Continue to maintain wells for increased production.   Complete and distribute the Consumer Confidence Report.   Implement recommendations obtained by the study of City  wells.   Manage the City's reclaimed water system.   Respond to water emergencies in a timely fashion and  repair all water leaks within the first eight hours.   Reduce the "unaccounted for" water loss and improve  efficiency.   Implement a water valve maintenance program.   Decrease City wastewater stoppages through maintenance.    Provide professional and courteous service to citizens  when reading meters or providing repairs.   Ensure accurate reading of meters by properly maintaining  meters and transponders.  Issues / Trends:     Construction unit bid prices show a slow inflationary trend.   Well pipe and casing is beginning to show signs of aging.   Identify funding for future well rehabilitation.   Provide resources to maintain reclaimed water system.    Continue funding for replacing deteriorated water lines.   Continue funding for rebuilding valves and hydrants.   More service providers are placing their utilities  underground creating conflicts with existing water lines.    Software upgrades.   Meter change‐out for residential accounts.   Transition to fixed base reading system.              95 Public Works Department  183 90 106 0 50 100 150 200 FY13 FY14 FY15 Water  Leaks Repaired 98 106  220   ‐  50  100  150  200  250 FY13 FY14 FY15 New Meters Set FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED W&S ENGINEERING 2.50 2.50 2.50 2.50 WATER PRODUCTION 5.25 5.75 5.75 5.75 WATER DISTRIBUTION 7.25 7.25 7.25 7.25 SEWAGE & TREATMENT 7.00 7.00 7.00 7.00 METER READING 1.00 1.00 1.00 1.00 Total Public Works 23.00 23.50 23.50 23.50   Expenditures by Division:      Division Services:  Engineering – Responsible for the design and construction of a safe water distribution system, an environmentally safe wastewater  collection system, an adequate storm drainage system, and management of the floodplains. This division inspects all Public Works  construction within the City, and reviews development plans and studies for regulation compliance, engineering design, safety, and  health concerns. Conducts acquisition of properties, right‐of‐way and easements, and verifies legal documents.  Water Production – Provides safe drinking water to water customers. Primary functions include water production, valve exercising,  treatment of production well water, flushing, water quality sampling, and backflow prevention.  Water Distribution – Maintains water mains, valves, hydrants and service taps. Maintains the water distribution system for  maximum delivery of water for consumption and fire protection. Primary functions include water main repairs, retinue system  maintenance, valve exercising, meter reading, meter replacement, assist water office, and flushing.  Wastewater Treatment – Maintains wastewater mains, manholes, and cleanouts. Aims to reduce and prevent inflow and infiltration.  Responds quickly and courteously to all known wastewater problems.   Meter Reading – Aims to accurately read water meters in a timely manner to meet billing cycle schedules. Performs meter change‐ outs, performs meter box maintenance and installations, and assists other departments.     Personnel by Division:                    Service Levels:  Proposed FY15 Budget to Water & Wastewater Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. City Engineer 265,067$ 298,657$ 283,657$ 312,389$ 13,732$ 5% Water Production 7,341,381$ 7,036,183$ 6,219,332$ 7,198,968$ 162,785$ 2% Water Distribution 907,062$ 890,990$ 850,843$ 923,870$ 32,880$ 4% Wastewater Treatment 3,379,744$ 4,122,728$ 3,877,305$ 4,370,324$ 247,596$ 6% Meter Reading 58,738$ 62,131$ 61,131$ 63,612$ 1,481$ 2% Total-Public Works 11,951,992$ 12,410,689$ 11,292,268$ 12,869,163$ 458,474$ 4% 96 Non‐Departmental  Water / Wastewater  Fund 80.9% Recycling 0.1% GIS 1.2% Legal Services 0.2% Non‐Departmental 16.8% Capital 1.0% Budget Appropriation Location & Hours of Operation:    201 N Ector Dr.  Mon‐Fri, 8 a.m. – 5 p.m.    Mission:  To define the costs in the budget that may not be  specifically identifiable to any operational budget.    Accomplishments FY2014‐15:     Provided funding for the continuation of infrastructure  maintenance which includes the water, wastewater, and  reclaimed water programs.   Provided funding for the continuation of the computer  hardware/software replacement program.    Objectives for FY2015‐16:   Provide funding for infrastructure improvements.   Provide funding for one‐time capital purchases.   Provide funding for computer and equipment replacements  in order to maximize productivity.   Provide funding for energy conservation measures which  ultimately results in savings in utility costs.  Issues / Trends:     Balancing rising cost of infrastructure and equipment  purchase with available funds.   Identifying resources to cash flow capital purchases.     Rising cost of raw water.   Rising cost of sewer treatment.                            Expenditures by Division:    (1) Budget FY15 amended to exclude capital expenses $837,385 and GIS/Information Services $524,584 which  are reported on separate lines above.      Division Services:  Non‐Departmental – This activity is administered by the Finance Department and funds various charges that are not defined or  directly related to any specific department or activity of the City.  Examples of costs here include: electrical, general liability  insurance, audit, and contingencies.   These types of expenditures affect all budgets and are generally not prorated. All one‐time  appropriations are accounted for in the department in order to maintain stable department budgets from year to year.      Proposed FY15 Budget to Water & Wastewater Actual Budget Estimated Budget FY16 Proposed Expenditures FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Recycling 26,796$ 41,300$ 41,300$ 41,300$ -$ 0% GIS/Information Services (1)501,592$ 524,584$ 524,584$ 572,265$ 47,681$ 9% Legal Services 75,000$ 75,000$ 75,000$ 75,000$ -$ 0% Non-Departmental (1)7,215,197$ 7,512,496$ 7,575,432$ 8,235,460$ 722,964$ 10% Total-Non Departmental 7,818,585$ 8,153,380$ 8,216,316$ 8,924,025$ 770,645$ 9% Capital Expenses (1)182,317$ 837,385$ 604,311$ 479,062$ (358,323)$ (43%) Total Capital 182,317$ 837,385$ 604,311$ 479,062$ (358,323)$ (43%) 97 Non-Departmental Personnel by Division: FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED INFORMATION SERVICES 4.00 4.00 4.00 4.00 W&S NON-DEPT.9.50 10.00 9.50 10.00 Total Non-departmental 13.50 14.00 13.50 14.00 98 Service Center Fund*  Location & Hours of Operation:    1314 Royal Parkway  Mon – Fri, 7 a.m. – 5 p.m.    Mission: To ensure the highest level of automotive service  through continued monitoring of the City's investment in  vehicles and equipment, by providing quality corrective  maintenance, and needed repairs in an expedient manner.    Accomplishments FY2014‐15:     Hiring of a Fleet & Facility Operations secretary helped to  speed office operations.   City of Euless received its third "Green Fleet" certification  from the Association of Equipment Maintenance  Professionals (AEMP). The City moved from Silver to  Platinum Certification Level.    Fleet Operations again received the Automotive Service  Excellence (ASE) "Blue Seal of Excellence" award from the  National Institute for Automotive Service Excellence for the  20th consecutive year. There are only seven cities in the  State of Texas that have exceeded the ten year mark.   Continued commitment to providing the highest quality of  fleet care.   Staff continued work on ASE certifications. Three additional  certifications were achieved.  Objectives for FY2015‐16:   Continue maintenance and evaluation of entire City fleet.   EVT and ASE Certification testing for shop technicians.   Continued commitment in alternative fuel programs for  fleet use.    Training for fleet technicians in diesel, new generation  electronics, and advance engine diagnostics.  Issues / Trends:     Staff continues to support the conversion of vehicles to  propane (LPG) and natural gas (CNG). Other alternative  transportation fuels are also being reviewed.  Alternative  fueled vehicles will be added to the fleet where feasible.    Increased petroleum costs continues to drive up the cost of  products that are petroleum based. Tires, lubricants,  additives, belts and hoses, and the majority of  replacements parts continue to increase in cost. Fleet  operations utilize joint purchase agreements to help lower  these costs by quantity discounts.   Conversion of part‐time clerical staff to full‐time would  assist in workload balance.             *Formerly referred to as Fleet Services.            Personnel 35.5% Capital 0.4% Transfers 0.4% Operating 63.7% Budget Appropriation 99 Service Center Fund*  Expenditures:    (1)  Budget FY15 amended to separate operating and one‐time capital.    Services:  Service Center ‐ The Service Center Fund is used to account for the maintenance of the City's motor vehicles. Fleet Operations  provides professional fleet services to departments including but not limited to; vehicle and equipment information, training for City  personnel on equipment safety, correct operational procedures, and coordinate vehicle damage claims for all City departments. To  continue support of ASE's "Blue Seal of Excellence" program through certification and advanced operational technology.    Personnel by Division:      Services Levels:       Green Fleet Platinum Certification       Blue Seal of Excellence       Continued use of Alternative Fuels          *Formerly referred to as Fleet Services.    Proposed FY15 Budget to Enterprise Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Service Center Fund: Revenues 1,221,368$ 1,192,805$ 1,203,285$ 1,283,352$ 90,547$ 8% Operating Expenses (1)1,207,012$ 1,192,805$ 1,191,805$ 1,283,352$ 90,547$ 8% Use of Reserves -$ 10,500$ 10,500$ -$ (10,500)$ (100%) Capital Expenses (1)-$ 10,500$ 10,500$ -$ (10,500)$ (100%) FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED SERVICE CENTER FUND 5.00 5.00 5.00 5.00 100 Drainage / Storm Water Utility Fund  Location & Hours of Operation:    1513 Westpark Way   Mon‐Fri, 8 a.m. – 5 p.m., On‐Call 24/7    Mission: To prevent street flooding, protect life, and  property through the maintenance of drainage facilities.    Accomplishments FY2014‐15:     Maintained 9,756 LF of channel and storm drain.        Objectives for FY2015‐16:   Provide the best possible service to the citizens of Euless  through preventative maintenance and timely response to  known problems.   Review and analyze the 1990 Drainage Utility System Study  and prioritize work activities along the most deteriorated  sections of our City's drainage channels.    Issues / Trends:     Increased requirements by TCEQ and service demands will  require additional funding.   Increased development has boosted the demand for  maintenance to existing creeks and channels.      Expenditures:    (1) Budget FY15 amended to separate operating and one‐time capital.    Services:  Drainage / Storm Water Utility Fund – Used to account for the acquisition, operation, and maintenance of the City's municipal  drainage utility system.            Personnel 64% Transfers 13% Operating 23% Budget Appropriation Proposed FY15 Budget to Enterprise Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Drainage Utility System: Revenues 713,064$ 714,520$ 713,926$ 719,280$ 4,760$ 1% Operating Expenses (1)677,841$ 713,262$ 713,262$ 716,150$ 2,888$ 0% Use of Reserves -$ 125,000$ 125,000$ 60,000$ (65,000)$ (52%) Capital Expenses (1)-$ 125,000$ 125,000$ 60,000$ (65,000)$ (52%) 101 Drainage / Storm Water Utility Fund  Personnel by Division:        Services Levels:    FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED DRAINAGE UTILITY FUND 7.00 7.00 7.00 7.00 6,959  11,715 9,756   ‐  5,000  10,000  15,000 FY2013 FY2014 FY2015 Linear Feet of Channel  Maintenance 2,022  459 492   ‐  500  1,000  1,500  2,000  2,500 FY2013 FY2014 FY2015 Linear Feet of Storm Sewer  Maintenance 102 Recreation Class Fund  Locations & Hours of Operation:    Administration  1314 Royal Parkway   Mon – Fri, 8 a.m. – 5 p.m.   Euless Family Life Center  300 W Midway Dr.  Mon – Thurs, 5:30 a.m. – 9 p.m.; Fri, 5:30 a.m. – 8 p.m.; Sat, 8  a.m. – 6 p.m.; Sun, 1 – 6 p.m.  Simmons Center  508 Simmons Dr.   Available for rent 9 a.m. – 11 p.m.    Mission:  To provide and encourage a healthy atmosphere  for the overall well‐being of the community through  progressive fitness and recreational programs.    Accomplishments FY2014‐15:     Re‐introduced a new Halloween and Valentine's event for  the community.   Re‐introduced a concert series for the community.   Added a Fitness on Demand system for the Recreation  Center that enables users to pick their class of choice.   Added ten spin bikes at the Recreation Center for use in‐ class and by drop‐in members.   Replaced several weight machines in the Fitness Center.   Began mailing the Playbook to Euless Residents.  Objectives for FY2015‐16:   To continue to develop programs for the community that  promotes a healthy lifestyle.   To develop a marketing and advertising plan for activities,  special events and programs.   To develop new programs and enhance existing programs  for the citizens of Euless.  Issues / Trends:     The policy revisions in regards to the Affordable Healthcare  Act effect on part‐time/seasonal employee hours.   The need to upgrade existing cardio equipment and long‐ term expansion of the Fitness Center.   Ability to provide additional rental/meeting room space for  citizens.       Expenditures:    (1) Budget FY15 amended to separate operating and one‐time capital.    Personnel 35% Capital 18% Operating 47% Budget Appropriation Proposed FY15 Budget to Enterprise Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Recreation Classes: Revenues 530,734$ 474,030$ 479,515$ 555,830$ 81,800$ 17% Operating Expenses (1)564,986$ 464,305$ 464,305$ 552,841$ 88,536$ 19% Use of Reserves 49,288$ 107,000$ 76,252$ 123,936$ 16,936$ 16% Capital Expenses (1)15,036$ 107,000$ 76,252$ 123,936$ 16,936$ 16% 103 Recreation Class Fund Services: Recreation Class Fund – 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. Personnel by Division: None Assigned Services Levels: 5,137 3,929 4,348 - 1,000 2,000 3,000 4,000 5,000 6,000 FY2013 FY2014 FY2015 Memberships 1,980 3,321 3,350 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 FY2013 FY2014 FY2015 Class Registrations 104 Arbor Daze Fund  3,000  3,500  3,000   2,700  2,800  2,900  3,000  3,100  3,200  3,300  3,400  3,500  3,600 FY2013 FY2014 FY2015 Trees Distributed Location & Hours of Operation:   Special Event – Location and Times – See City Website    Mission: To promote the planting of trees and teach  families the importance of trees in a community. To continue  Euless' commitment to the Tree City USA and the National  Arbor Day Foundation programs through planting, preserving  and educating. To provide a community event that benefits  citizens, local businesses and community organization by  providing an opportunity to feature entertainment, products  and services to the festival attendees.  Accomplishments FY2014‐15:    Provided over 3,000 free trees at a tree give‐away event  held at the Euless Family Life Center the weekend after  Arbor Daze was cancelled due to bad weather.   Received the distinction of Tree City USA for the 29th year.  Objectives for FY2015‐16:   To increase programming opportunities for festival  sponsors.   To look for interesting entertainment and activities that  could be added to the festival.  Issues / Trends:     Increase in prices for equipment rental and services.   Ability to find entertainment within budget.   Space for the venue has been challenging due to  construction.  Evaluating long‐term options..   Weather can adversely affect the event or cause  cancellation.     Expenditures:      Services:  Arbor Daze ‐ The Arbor Daze Fund is used to account for expenses related to the annual festival, funded by sponsorships and booth  rentals.    Personnel by Division:  None Assigned    Services Levels:   Proposed FY15 Budget to Enterprise Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Arbor Daze: Revenues 76,419$ 80,010$ 41,752$ 80,000$ (10)$ (0%) Operating Expenses 82,852$ 79,500$ 38,246$ 79,500$ -$ 0% Use of Reserves 6,433$ -$ -$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% Tree City USA  105 Texas Star Golf Course Fund  Personnel 48% Transfers 15% Operating 37% Budget Appropriation Location & Hours of Operation:    1400 Texas Star Parkway  Daily ‐ Times vary by Season – See City Website   Mission:  To ensure a premium experience to all visitors to  Texas Star Golf Course, Conference Centre, and / or Raven’s  Grille.    Accomplishments FY2014‐15:     Listed as #1 in Luxury Course and # 4 in the Best of DFW in  Avid Golfer annual ranking.    Received 4½ Star Rating from Golf Digest for 15  consecutive years.   Successfully completed renovation of the greens and  bunkers that received high reviews in local Golf  publications and newspapers.   Sustained the current level of tournaments and Conference  events while increasing revenue generated from these  events.    Opened newly‐renovated course with great results,  received highest ranking in Avid Golfer magazine since  original opening of the course.    Hosted Men’s US OPEN qualifying tournament and Men’s  State Senior Amateur Tournament, both of which are  recognized nationally.   Sustained and grew revenue sales in the Food and  Beverage division.   Increased business meeting and social events both in  numbers and price point.    Objectives for FY2015‐16:   Assess and improve staff education and training to expand  service, productivity and knowledge of services offered.   Continue to perfect maintenance techniques on new Mini  Verde Bermuda grass greens to provide the best possible  putting surface.   Increase clinics for juniors, women, and men during the  spring and summer months.     Continue to improve and implement audio/visual  technology to accommodate the latest media and  programs to enhance options for events.    Develop better system for tracking social and business  events from start to finish providing complete information  for staff and client.  Issues / Trends:     The unknown cost of mandatory healthcare for contract  labor and controlling hours of part‐time and seasonal  employees continue to be a financial concern.     Utilities, maintenance and operational supplies costs  continue to increase.    Continued modifications in fertilization and water  treatment may be needed to safeguard turf health.    Golf retail nationally is down about 4‐6% due to a decrease  in rounds played. In the DFW market, the trend is flat.    Cost of raw and pre‐made foods, as well as supplies,  continues to increase.    Businesses and Social/Wedding events continue to spend  less on events.                                         106 Texas Star Golf Course Fund  Expenditures:    (1) Budget FY15 amended to combine divisions (Non‐Departmental $1,162,000, Course Maintenance $947,631, Pro Shop $441,489,  Food & Beverage $1,368,377, Conference Centre $345,489, and Driving Range $191,630 for a total of $4,456,616).     Services:  Non‐Departmental – This division administers activities and funds for various charges that are not defined or not directly related to  any specific division of the golf course operation, such as electrical costs, and insurance.  The costs of providing general management  to the operation is also a cost of this division.  Course Maintenance – To maintain the golf course at the highest possible standards.  To provide the best possible golfing experience  in the area. To bring recognition to the City of Euless via Texas Star Golf Course.  Pro Shop – Look for opportunities to market Texas Star locally and encourage local businesses to advertise with us.  Draw local,  State, and National Golf Programs to Texas Star as their host location for events.  Provide favorable first impression opportunities in  the Pro Shop for all guests and members.  Increase golf participation for juniors and women through programs and clinics.  Offer  patrons high quality golf equipment, Texas Star logo apparel, and skill clinics.  Food & Beverage – To provide quality food and beverage service to Raven’s Grille guests in a timely and professional manner.  Provide quality food and beverage service to guests on the golf course. To enhance the overall Texas Star experience for all guests.  Conference Centre ‐ To provide a versatile, first‐class conference venue that reflects the pride of Euless. To market a beautifully  maintained facility that provides excellent service and professionalism, while continuously striving to go beyond the expectations of  guests.    Personnel by Division:      Services Levels:    Proposed FY15 Budget to Enterprise Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Texas Star Golf Course: Revenues 4,019,279$ 4,465,069$ 4,154,715$ 4,594,912$ 129,843$ 3% Operating Expenses (1)3,974,186$ 4,456,616$ 4,153,154$ 4,544,913$ 88,297$ 2% Use of Reserves -$ -$ -$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED GOLF NON DEPARTMENTAL 0.75 0.75 0.75 0.75 GOLF COURSE MAINT.4.00 4.00 4.00 4.00 GOLF PRO SHOP 2.00 2.50 2.50 2.50 GOLF FOOD AND BEVERAGE 3.00 3.00 3.00 3.00 GOLF CONFERENCE CENTRE 1.00 1.50 1.50 1.50 TOTAL GOLF COURSE FUND 10.75 11.75 11.75 11.75 35,890  22,110  33,735   ‐  10,000  20,000  30,000  40,000 FY2013 FY2014 FY2015 Total  Paid Rounds  ‐  100  200  300 FY2013 FY2014 FY2015 Memberships Individual Corporate 107 Texas Star Sports Complex Fund Location & Hours of Operation: Softball World 1375 W Euless Blvd. Seasonal Hours Parks at Texas Star 1501 S Pipeline Rd. Seasonal Hours Mission: • To provide and promote recreation and leisure opportunities that enhance the quality of life in the community. • To provide a safe and aesthetically pleasing athletic complex for the citizens in the most cost efficient manner possible. • To satisfy citizen demands for parks and park amenities, thus creating a more wholesome lifestyle by providing opportunities for participation in youth sports at all skill levels. • To provide quality youth baseball programs to players from around the metroplex, state and country. • To provide an outstanding baseball and softball complex for patrons. Accomplishments FY2014-15: • Programmed over 162 tournament events and 11 league sessions. • Provided necessary leadership and training for part-time staff to ensure the operation is successful. • Increased concession sales through the use of the concession trailer at baseball games as well as special events. • Increased participation in tournament and league play for the third straight year. Objectives for FY2015-16: • Increase opportunities for sponsorship and advertising. • To be proactive in creating new programs and services for our customers. • Increase participation and quality of The Parks at Texas Star Baseball League. • Retain qualified and quality umpires. • Provide quality concessions operations with expanded options at a competitive price. • Establish a high level of customer service to current and future participants. Issues / Trends: • Maximizing the use of the facility while maintaining the quality of the field conditions. • Level of maintenance required for the batting cages. • Additional workload required to coordinate and successfully run the Texas Star Sports Complex facilities. • Growth of 14U Division and availability of 60/90 fields. Personnel 22% Transfers 13%Operating 65% Budget Appropriation 108 Texas Star Sports Complex Fund Expenditures: Services: Texas Star Sports Complex – The Texas Star Sports Complex Fund is used to account for the operations and maintenance of Softball World and the Parks at Texas Star. Personnel by Division: Services Levels: Proposed FY15 Budget to Enterprise Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Texas Star Sports Complex Revenues 1,515,386$ 1,572,580$ 1,343,171$ 1,575,440$ 2,860$ 0% Operating Expenses 1,480,666$ 1,572,475$ 1,396,708$ 1,570,007$ (2,468)$ (0%) Use of Reserves -$ -$ 53,537$ -$ -$ 0% Capital Expenses -$ -$ -$ -$ -$ 0% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED TEXAS STAR SPORTS COMPLEX 1.50 1.50 1.50 1.50 - 500 1,000 1,500 2,000 2,500 3,000 3,500 FY2013 FY2014 FY2015 Softball World Teams League Tournament - 200 400 600 800 1,000 FY2013 FY2014 FY2015 Athletic Complex Teams League Tournament 109 Special Revenue Funds 110 9,933,057$ 11,024,214$ 11,024,214$ 10,168,314$ REVENUES Property Tax 110,074$ 368,276$ 368,276$ 451,972$ Gross Receipts Tax 135,835$ 120,000$ 125,000$ 120,000$ General Sales Tax 6,578,254$ 6,641,201$ 6,772,377$ 7,051,421$ Selective Sales Tax 14,425,831$ 14,179,560$ 14,547,779$ 14,519,469$ Fines/Fees 218,012$ 93,263$ 93,258$ -$ License/Permits -$ -$ -$ -$ Interest Income 11,146$ 16,980$ 17,284$ 17,600$ Intergovernmental Revenue 245,989$ 70,000$ 341,162$ 70,000$ Charges For Service 105,484$ 115,000$ 100,638$ 101,000$ Miscellaneous/Rental Income -$ -$ -$ -$ Other Financing Sources -$ -$ -$ -$ Revenues before Transfers 21,830,626$ 21,604,280$ 22,365,774$ 22,331,462$ Transfers from Other Funds 586,213$ 85,659$ 85,659$ 77,169$ TOTAL REVENUES 22,416,839$ 21,689,939$ 22,451,433$ 22,408,631$ TOTAL RESOURCES 32,349,896$ 32,714,153$ 33,475,647$ 32,576,945$ EXPENDITURES Personal Services 4,192,919$ 4,817,159$ 4,817,159$ 4,950,405$ Professional/Technical Services 165,248$ 236,370$ 236,370$ 236,370$ Contractual Services -$ -$ -$ -$ Utilities 184,458$ 277,000$ 277,000$ 307,000$ Maintenance 76,431$ -$ -$ -$ Other Services/Contingencies 6,980$ 70,525$ 70,525$ 70,525$ Insurance -$ -$ -$ -$ General & Administrative 37,719$ 74,890$ 44,890$ 77,500$ Rebates/Incentives 9,614,267$ 9,464,912$ 9,677,727$ 9,883,100$ Supplies 346,837$ 446,880$ 446,880$ 445,880$ Capital Purchases (Equipment)646,809$ 4,264,052$ 1,071,299$ 4,784,282$ Debt Service/Bank Charges 1,446,603$ 913,603$ 913,603$ 175,876$ Expenditures before Transfers 16,718,271$ 20,565,391$ 17,555,453$ 20,930,938$ Transfer to Other Funds 4,607,412$ 5,754,389$ 5,751,880$ 5,813,354$ TOTAL EXPENDITURES 21,325,683$ 26,319,780$ 23,307,333$ 26,744,292$ ENDING FUND BALANCE 11,024,214$ 6,394,373$ 10,168,314$ 5,832,653$ ESTIMATED FY2014-15 ACTUAL FY2013-14 The estimated decline in fund balance in FY16 is a planned drawdown used to purchase capital equipment and to cash flow capital improvement projects. This drawdown is funded from excess reserves above the recommended reserve level. PROJECTED FY2015-16 BEGINNING FUND BALANCE SPECIAL REVENUE FUND SUMMARY BUDGET FY2014-15 111 Hotel Occupancy Tax Fund  Rebates / Incentives 9% Capital 2% Transfers 89% Budget Appropriation Location & Hours of Operation:    201 N Ector Dr.   Mon – Fri, 8 a.m. – 5 p.m.    Mission:  The Hotel/Motel Fund is used to account for  occupancy tax revenues from area hotels.  Expenses are  dedicated primarily for the promotion and advertisement of  the City of Euless.    Accomplishments FY2014‐15:     Funding was provided for Historical Preservation including  Heritage Park Christmas and monthly open houses at the  Heritage Park Museum.   Funding also supported the Texas Star Conference Centre  operations.    Objectives for FY2015‐16:   Continue to design and implement creative ways to  preserve the City's heritage.   Develop a plan for rotating exhibits at the Museum.   Continue to offer first class conference facility for social  and business events.  Issues / Trends:     Increased number of area venues competing for events.       Expanding awareness of Heritage Museum and City’s  history.                          Expenditures:    (1) Budget FY15 amended to separate operating and one‐time capital.    Services:  Hotel Occupancy Tax Fund ‐ To preserve and promote awareness of local heritage and demonstrate how history defines current  culture and provides a bridge between yesterday, today and tomorrow. To provide a versatile, first‐class conference venue that  reflects the pride of Euless.    Personnel by Division:  None Assigned  Proposed FY15 Budget to Special Revenue Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Hotel/Motel: Revenues 343,354$ 315,050$ 364,086$ 425,757$ 110,707$ 35% Operating Expenses (1)304,165$ 304,407$ 304,407$ 370,721$ 66,314$ 22% Use of Reserves 811$ 68,398$ 58,398$ 80,000$ 11,602$ 17% Capital Expenses (1)40,000$ 68,398$ 58,398$ 80,000$ 11,602$ 17% 112 Euless Development Corporation Fund  Personnel 42% Capital 29% Transfers 1% Operating 28% Budget Appropriation Location & Hours of Operation:   201 N Ector Dr.   Mon – Fri, 8 a.m. – 5 p.m.    Mission:  The 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.    Accomplishments FY2014‐15:     Made significant progress in achieving compliance with  Americans with Disabilities Act (ACA) requirements  throughout park system.   Grew and planted over 25,000 seasonal and perennial  plants for citywide landscape beds.     Upgraded public computers and Wi‐Fi service to provide a  better experience for library patrons.   Library collaborated with Parks and Community Services to  expand the number of free music events for the public.   Created "The Bubble" space and successfully increased  teen library use.   Introduced an iPad Learning Station for preschoolers and  their parents to strengthen technology literacy skills.    Assisted several local businesses in expansion goals.   Assisted brokers/consultants working with prospective  businesses by providing information packets in a quickly  and timely manner.   Facilitated and maintained a streamlined, efficient, and  predictable permitting process through the Development  Services Group.   Attended two International Council of Shopping Centers  (ICSC) retail trade shows to promote new businesses.    Objectives for FY2015‐16:   Continue to refine athletic field maintenance to keep up  with the demand of league play and tournament usage.    Continue to find ways to enhance the parks system with  visionary planning and utilizing all resources in park  planning and development.   Introduce streaming media, so that patrons may check out  movies and music digitally on their mobile devices at the  library.   Utilize collection data analytics to ensure that the library  material acquisitions process is as efficient as possible.   Utilize tablet technology to provide roaming library service  and mobile item checkout.   Continued to support mixed use development known as  Midtown.   Continued to support property/business owners impacted  by the widening of Airport Freeway.  Issues / Trends:     Increased usage of athletic fields requires more staff time  for the required maintenance.    Limited part‐time hours due to constraints of health care  laws.    Library print collection remains strong, but continues to see  demand grow for new digital products, study and  collaborative space, classes, and cultural events.     Increasing efforts to identify and implement the  appropriate strategies to spur new development and  redevelopment as the City/region continues its economic  recovery.        113 Euless Development Corporation Fund Expenditures: (1) FY15 Budget amended to separate operations and one-time capital and combine divisions (Operations $1,400,540, Parks $2,244,628, Library $1,119,495, Economic Development $730,902 for a total of $5,495,565). Services: Parks – To provide a safe and aesthetically pleasing park system for the citizens of Euless in the most cost effective manner possible. To satisfy citizen demands for parks and park amenities, thus creating a more wholesome lifestyle. To provide parks and leisure opportunities for all citizens. To provide a comprehensive parks system through the use of an updated Parks Master Plan. To identify and apply cost saving measures where feasible. To provide services necessary to upkeep, develop, and maintain all parks within the City. Library – To serve the continuing informational, educational, cultural, and leisure needs of residents of all ages. To provide the community with the best possible materials in various formats. To promote the joy of reading and learning. The primary role of the Euless Public Library is to act as an Independent Learning Center by supporting people of all ages pursuing a program of learning. Additional roles are Popular Materials Library, Preschoolers' Door to Learning, and provider of other specialized resources such as small business assistance, young adult materials and electronic resources. Economic Development - Encourage and facilitate activity that brings sales tax generating businesses to the community. Implement the best practices available to market Euless properties to the development community. Foster and promote Euless as a “Business Friendly” City with a one-stop permitting shop while serving as a member of the Development Services Group. Provide assistance and recommend financial incentives for projects where such assistance is necessary to stimulate private investment. Promote Euless businesses for City purchases. Personnel by Division: *FY15 Budget amended to reflect the approved addition of partial year funding for a Special Events Coordinator approved by EDC Board and City Council. Proposed FY15 Budget to Special Revenue Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. EDC ½¢ Sales Tax: Revenues 4,398,183$ 4,444,038$ 4,548,739$ 4,652,104$ 208,066$ 5% Operating Expenses (1)3,956,933$ 4,437,184$ 4,351,975$ 4,097,391$ (339,793)$ (8%) Use of Reserves -$ 1,058,381$ 538,657$ 1,553,098$ 494,717$ 47% Capital Expenses (1)221,173$ 1,058,381$ 538,657$ 1,553,098$ 494,717$ 47% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED EDC - PARKS*10.25 12.25 12.25 12.25 EDC - LIBRARY 10.00 10.00 10.00 10.00 EDC - ECO. DEV.1.00 1.00 1.00 1.00 TOTAL EDC FUND 21.25 23.25 23.25 23.25 114 Crime Control and Prevention District Fund  Personnel 85% Capital 5% Operating 10% Budget Appropriation Location & Hours of Operation:    1102 W Euless Blvd.  Admin. ‐ Mon – Fri, 8 a.m. – 5 p.m. Police Service ‐ 24/7    Mission:  To provide the citizens of Euless professional,  efficient police services.  Increase staff efficiency, expand use  of alternative policing methods, reduce response time,  increase interaction between citizens and police, provide  additional police space, expand current gang and juvenile  intervention programs, expand Neighborhood Watch  programs and Citizen Volunteer Involvement.    Accomplishments FY2014‐15:     Upgraded current radio system.   Maintained and improved officer training.   Continued Citizens Police Academy program.   Held open house and other community events encouraging  interaction between the Department and citizens.   Increased Neighborhood Watch Programs.   Purchased new safety equipment for officers.   Increased business and residential partnerships with the  Police Department.  Objectives for FY2015‐16:   Develop new avenues for community involvement.   Maintain and improve officer training.   Maintain Citizens Police Academy program.   Increase community outreach.   Evaluate and purchase safety equipment for officers as  needed.   Increase business and residential partnerships.  Issues / Trends:     Cost of equipment   Technology    Manpower                        Expenditures:    (1) Budget FY15 amended to separate operating and one‐time capital.      Services:  CCPD Fund ‐ 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.    Personnel by Division:    Proposed FY15 Budget to Special Revenue Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. CCPD ¼¢ Sales Tax: Revenues 2,169,576$ 2,183,294$ 2,209,990$ 2,290,945$ 107,651$ 5% Operating Expenses (1)1,851,550$ 2,137,629$ 2,137,629$ 2,253,636$ 116,007$ 5% Use of Reserves -$ 185,705$ 185,705$ 237,825$ 52,120$ 28% Capital Expenses (1)236,514$ 185,705$ 185,705$ 237,825$ 52,120$ 28% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED CRIME CONTROL FUND 17.00 18.00 18.00 18.00 115 Car Rental Tax Fund Rebates / Incentives 56% Capital 16% Transfers 28% Budget Appropriation Location & Hours of Operation: 201 N Ector Dr. Mon – Fri, 8 a.m. – 5 p.m. Mission: 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. Accomplishments FY2014-15: • Provided funding for transfers to the General Fund to help maintain a stable tax rate for citizens. • Provided cash funding for building and infrastructure projects and eliminated the need to issue debt for these projects. • Provided funding for economic development incentive to attract/ retain Euless businesses. Objectives for FY2015-16: • Provide funding for transfers to the General Fund to help maintain a stable tax rate for citizens. • Provide funding for capital purchases and projects such as facility improvements, Development/Engineering Building Construction, Glade Parks Trail Construction, 40th year CDBG, and funds toward Harwood Road extension. Issues / Trends: • Revenues are dependent upon travel and can be volatile. It is important to maintain flexibility in this fund so as to not become overly dependent on this revenue source for operations. Expenditures: (1) Budget FY15 amended to separate operations and one-time capital. Services: Car Rental Fund – Euless citizens authorized the levy of a motor vehicle tax on short-term rentals. Funds derived from this tax may be spent for any general government purpose. This tax was approved by voters on November 2, 1999 and became effective February 1, 2000. These funds are used to maintain a stable tax rate, cash flow special projects and infrastructure improvements, and reduce or avoid debt issuance. Personnel by Division: None Assigned Proposed FY15 Budget to Special Revenue Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Car Rental Tax: Revenues 14,091,095$ 13,879,560$ 14,198,782$ 14,108,782$ 229,222$ 2% Operating Expenses (1)11,853,381$ 11,656,276$ 11,904,560$ 11,496,233$ (160,043)$ (1%) Use of Reserves -$ 5,337,787$ 2,707,467$ 5,254,175$ (83,612)$ (2%) Capital Expenses (1)718,104$ 5,337,787$ 2,707,467$ 5,254,175$ (83,612)$ (2%) 116 Internal Service Funds 117 $ 6,706,839 $ 6,313,308 $ 6,313,308 $ 6,713,162 REVENUES Property Tax -$ -$ -$ -$ Gross Receipts Tax -$ -$ -$ -$ General Sales Tax -$ -$ -$ -$ Selective Sales Tax -$ -$ -$ -$ Fines/Fees -$ -$ -$ -$ License/Permits -$ -$ -$ -$ Interest Income 12,493$ 15,200$ 12,200$ 13,200$ Intergovernmental Revenue -$ -$ -$ -$ Charges for Service -$ -$ -$ -$ Miscellaneous/Rental Income 38,274$ -$ 22,317$ -$ Insurance/Risk/Other Financing Sources 1,848,089$ 2,198,730$ 2,241,670$ 2,137,386$ Revenues before Transfers 1,898,857$ 2,213,930$ 2,276,187$ 2,150,586$ Transfer from Other Funds 5,597,734$ 7,246,453$ 7,246,453$ 6,785,847$ TOTAL REVENUES (1)7,496,591$ 9,460,383$ 9,522,640$ 8,936,433$ TOTAL RESOURCES 14,203,430$ 15,773,691$ 15,835,948$ 15,649,595$ EXPENDITURES Personal Services 954,700$ 634,971$ 634,971$ 668,996$ Professional/Technical Services 125,754$ 225,000$ 225,000$ 238,900$ Contractual Services -$ -$ -$ -$ Utilities -$ -$ -$ -$ Maintenance -$ -$ -$ -$ Other Services/Contingencies 600$ 220,665$ 220,665$ 436,159$ Insurance 5,058,899$ 6,626,435$ 6,626,435$ 5,997,308$ General & Administrative 515$ 1,000$ 1,000$ 532$ Rebates/Incentives -$ -$ -$ -$ Supplies 8,909$ 7,375$ 7,375$ 10,375$ Capital Purchases (Equipment)1,740,745$ 1,682,340$ 1,407,340$ 1,908,527$ Debt Service/Bank Charges -$ -$ -$ -$ Expenditures before Transfers 7,890,122$ 9,397,786$ 9,122,786$ 9,260,797$ Transfers To Other Funds -$ -$ -$ -$ TOTAL EXPENDITURES 7,890,122$ 9,397,786$ 9,122,786$ 9,260,797$ ENDING FUND BALANCE 6,313,308$ 6,375,905$ 6,713,162$ 6,388,798$ The projected slight decrease in fund balance is a planned decrease in available funds, previously reserved, for the replenishment of capital equipment. INTERNAL SERVICE FUND SUMMARY BEGINNING FUND BALANCE PROJECTED FY2015-16 ESTIMATED FY2014-15 ACTUAL FY2013-14 BUDGET FY2014-15 (1) FY2013-14 Actual includes $158,000 period 13 GAAP adjustment for conversion to budgetary basis of accounting as described on page 173. 118 Vehicle / Equipment Replacement Fund  Location & Hours of Operation:    1314 Royal Parkway   Mon – Fri, 7 a.m. – 5 p.m.    Mission:  The purpose of this account is to administer and  procure funding for the replacement of vehicles and  equipment, owned and/or leased by the City of Euless.  Funds  are used for the purchase and outfitting of all new vehicles  and equipment per the departments' instructions.  All vehicle  and equipment specifications are written by Fleet Operations  with user departments' input.    Accomplishments FY2014‐15:     Continued to work closely with user departments to  maximize usage of vehicles and equipment.   Transferred low mileage limited usage units to optimize  usage.   Purchased vehicles and equipment in accordance with  replacement plan.  Objectives for FY2015‐16:   Purchase of additional Alternative Fueled vehicles.   Achieve "Green Fleet" certification for third year.    Schedule vehicle and equipment replacements based on  age, condition, repair history and mileage efficiency.  Issues / Trends:     Continue push for alternative fuel vehicles and citywide  usage.   Work with North Central Texas Council of Governments  (NCTCOG) on grant funding sources.   Work with local companies for potential funding or joint  participation in a Compressed Natural Gas (CNG) refueling  facility.      Expenditures:      Services:  Vehicle / Equipment Replacement Fund ‐ 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.    Personnel by Division:  None Assigned    Proposed FY15 Budget to Internal Service Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Equipment Replacement: Revenue 1,184,390$ 1,728,117$ 1,771,057$ 1,573,572$ (154,545)$ (9%) Operating Expenses 1,664,526$ 1,407,340$ 1,407,340$ 1,629,027$ 221,687$ 16% Use of Excess Reserves 480,136$ -$ -$ 55,455$ 55,455$ 0% 119 Insurance / Benefits Fund  Location & Hours of Operation:    201 N Ector Dr.   Mon – Fri, 8 a.m. – 5 p.m.    Mission:  To provide City employees with a competitive  benefits program at the most cost‐effective price to the  employees and to the City.  Our mission is to ensure our  employees are receiving quality service and that all questions  and problems are satisfactorily resolved in a timely manner.  Work with outside providers and administrators to ensure  agreed upon services are delivered in a timely and accurate  manner, review management reports and make  recommendations based on that information.    Accomplishments FY2014‐15:     Continued with wellness program, offering incentives to  participants.     Held Wellness Fair to offer health educational  opportunities to employees.   Held Open Enrollment Meetings to allow employees to  learn more about available benefit programs.   Immunized employees, retirees and eligible dependents  with flu vaccine.   Evaluated the medical, pharmaceutical, and dental benefit  plans.  Implemented changes as needed to be more cost  effective while continuing to provide quality medical care  and service.    Implemented various regulations as required by federal  law.   Designed and implemented information privacy policy and  trained personnel.  Objectives for FY2015‐16:   Implement an automated benefit enrollment system to  improve efficiencies and reduce paper.   Continue with the implementation of the Patient  Protection and Affordable Care Act (PPACA) regulations as  required by federal law.   Evaluate the current medical, pharmacy, and dental benefit  plans.  Implements changes as needed to be more cost  effective while continuing to provide quality medical care  and services.  Issues / Trends:     Spiraling health care costs will require continued  monitoring of all expenses and development of cost  containment measures.  This is further complicated by the  PPACA requirements and mandatory fees.   Healthcare costs have continued to rise, which makes  providing benefits more challenging each year.                  Personnel 9%Capital 2% Operating 89% Budget Appropriation 120 Insurance / Benefits Fund Expenditures: (1) Budget FY15 amended to separate operating and one-time capital. Services: Insurance Fund - The Insurance Fund is used to account for both city and employee premiums. Expenses are dedicated to employees' health, dental, and prescription claims. Personnel by Division: Services Levels: Proposed FY15 Budget to Internal Service Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Insurance: Revenue 5,347,235$ 6,915,989$ 6,935,306$ 6,492,245$ (423,744)$ (6%) Operating Expenses (1)5,477,802$ 6,905,744$ 6,905,744$ 6,484,245$ (421,499)$ (6%) Use of Reserves 130,567$ 100,000$ -$ 100,000$ -$ 0% Capital Expenses (1)-$ 100,000$ -$ 100,000$ -$ 0% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED HEALTH INSURANCE FUND 1.00 1.00 1.00 1.00 0 200 400 600 800 1000 FY2013 FY2014 FY2015 Covered Lives Retirees Dependents Employees 130 135 150 120 125 130 135 140 145 150 155 FY2013 FY2014 FY2015 Flex Participants 121 Risk Fund Personnel 6% Capital 77% Operating 17% Budget Appropriation Location & Hours of Operation: 201 N Ector Dr. Mon – Fri, 8 a.m. – 5 p.m. Mission: The Risk Management Department’s mission is to identify, analyze and control risks; to administer and evaluate liability insurance programs to ensure cost effectiveness; to conduct educational safety programs and to monitor and ensure compliance with mandates established by the City of Euless, State of Texas and US Government. The department’s goal is to protect the City’s assets and resources by minimizing the internal and external exposures and associated risks, and to respond in a timely manner to the information needs of citizens, staff and employees. The mission of the Workers' Compensation Insurance function of the Human Resources Department is to ensure, through pre-placement physicals, all new employees are capable of performing the essential functions of the job for which they are hired; to administer the occupational injury program; and to provide instructional training in safe and efficient performance of job duties. To provide cost-effective medical treatment through occupational injury/illness program, with the objective of facilitating the timely return to work of those employees who have been injured or become ill on the job. Accomplishments FY2014-15: • Presented monthly safety education programs. • Routinely monitored motor vehicle records. • Administered routine random drug and alcohol tests as required by Department of Transportation (DOT) and internal policy. • Focused on training in areas with greatest risk per quarterly assessments. • Continued to investigate and settle property claims in a fair and timely manner. • Developed communication to better advice employees of policies and procedures. • Partnered with TML for educational opportunities. • Continued emphasis on compliance with ADA and compiled ADA Transition Plan. • Provided flu shots to employees and family members. • Provided immunizations and vaccinations for employees in positions subject to exposure to blood-borne pathogens. • Ensured departments hold safety training meetings. • Updated Directors on injured employees; requested use of light duty, if eligible and available, to reduce lost time. • Produced management reports providing information related to types and causes of injuries. Objectives for FY2015-16: • Focus on training in areas with greatest risk per quarterly assessments. • Continue to partner with TML for education opportunities. • Continue emphasis to ensure compliance with ADA. • Review essential job functions with departments and pre- placement physicals with health care assessor. • Ensure all job descriptions are compliant with the requirements of the ADA. • Continue to produce management reports to bring attention to causes and types of injuries for prevention purposes. • Ensure departments hold safety training meetings. Issues / Trends: • Vandalism to Parks and City facilities continues to be a problem. • Property claims cost will continue to rise dues to inflationary trends. • Medical treatment and rehabilitative costs continue to rise. 122 Risk Fund Expenditures: (1) Budget FY15 amended to separate operating and one-time capital and combine divisions (Risk Management $443,852 and Worker’s Compensation Insurance $540,850 for a total of $984,702). Services: Risk Fund - The Risk Management Fund is used to account for the program(s) used for worker's compensation, general liability, and property claims. Personnel by Division: Services Levels: Proposed FY15 Budget to Internal Service Actual Budget Estimated Budget FY16 Proposed Funds FY 14 FY 15 FY 15 FY 16 $ Diff % Diff. Risk/WC Management: Revenue 806,967$ 816,277$ 816,277$ 870,616$ 54,339$ 7% Operating Expenses (1)671,574$ 809,702$ 809,702$ 868,025$ 58,323$ 7% Use of Reserves -$ 175,000$ -$ 179,500$ 4,500$ 3% Capital Expenses (1)76,219$ 175,000$ -$ 179,500$ 4,500$ 3% FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED WC/RISK MANAGEMENT FUND 0.50 0.50 0.50 0.50 47 50 46 18 24 23 - 10 20 30 40 50 60 70 80 FY2013 FY2014 FY2015 Workers Comp Claims In-House TML 10 6 8 50 56 61 - 10 20 30 40 50 60 70 80 FY2013 FY2014 FY2015 Risk Claims In-House TML 123 Capital Improvements 124 $ 13,967,070 $ 10,643,564 $ 10,643,564 $ 20,230,749 REVENUES Property Tax $ - $ - $ - $ - Gross Receipts Tax $ - $ - $ - $ - General Sales Tax $ - $ - $ - $ - Selective Sales Tax $ - $ - $ - $ - Fines/Fee/Penalties $ - $ - $ - $ - License/Permits $ - $ - $ - $ - Interest Income $ 25,932 $ - $ 16,157 $ 8 Intergovernmental Revenue $ 82,017 $ 385,028 $ 483,331 $ 1,595,206 Charges for Services $ 481,025 $ 159,005 $ 888,800 $ 162,755 Miscellaneous/Rental Income $ 263,571 $ 182,000 $ 127,592 $ 270,304 Other Financing Sources $ - $ 18,524,924 $ 15,321,350 $ 25,831,447 Revenues before Transfers 852,545$ 19,250,957$ 16,837,230$ 27,859,720$ Transfers from Other Funds $ 2,037,583 $ 4,274,501 $ 2,732,467 $ 6,522,075 TOTAL REVENUES 2,890,128$ 23,525,458$ 19,569,697$ 34,381,795$ TOTAL RESOURCES 16,857,197$ 34,169,022$ 30,213,261$ 54,612,544$ EXPENDITURES Personal Services $ - $ - $ - $ - Professional/Technical Services $ 534,770 $ 555,370 $ 551,104 $ 789,329 Contractual Services $ - $ 72,771 $ 3,318 $ 74,965 Utilities $ 150,000 $ 100,000 $ 100,000 $ 100,000 Maintenance $ 9,215 $ - $ 12,806 $ - Other Services/Contingencies $ 161 $ 1,066,886 $ 7,661 $ 1,062,260 Insurance $ - $ - $ - $ - General & Administrative $ - $ 242 $ - $ 242 Rebates/Incentives $ - $ 75,000 $ - $ 16,682,755 Supplies $ 15,596 $ 115,263 $ 48,300 $ 91,963 Capital Improvements Projects $ 5,156,859 $ 25,196,090 $ 8,685,466 $ 27,793,520 Debt Service/Bank Charges $ - $ - $ 204,823 $ 200,262 Expenditures before Transfers 5,866,602$ 27,181,622$ 9,613,478$ 46,795,296$ Transfer to Other Funds $ 518,698 $ 531,191 $ 369,034 $ 527,633 TOTAL EXPENDITURES 6,385,300$ 27,712,813$ 9,982,512$ 47,322,929$ ENDING FUND BALANCE 10,471,898$ 6,456,209$ 20,230,749$ 7,289,615$ CAPITAL PROJECTS FUND SUMMARY BEGINNING FUND BALANCE* * In prior years the Texas Star Golf Course Reserves and CIP funds have been combined. Reserves and CIP have now been separated for accounting purposes. Beginning Fund Balance for Budget FY2014-15 has been adjusted to add $171,666 Golf CIP Beginning Fund Balance. Golf Reserves Beginning Fund Balance was reduced by $171,666 for a total of $923,377. ACTUAL FY2013-14 Capital Projects are funded over the life of the project. Unspent appropriations roll over from year to year until the project is complete. Most appropriations will be spent by the end of the fiscal year, with the exception of escrow funds and impact fees. PROJECTED FY2015-16 ESTIMATED FY2014-15 BUDGET FY2014-15 125 CAPITAL IMPROVEMENT PROGRAM The Capital Improvement Program (CIP) is a process by which the City designs a multi-year plan for major capital expenditures. Due to the tremendous growth of the capital projects program, and the amount of detail required for these projects, a separate document is provided for the Capital Improvement Program. Generally the CIP includes improvements that are relatively expensive, are non-recurring, have a multi-year useful life, and like capital outlay items, result in fixed assets. These include the construction and acquisition of new buildings, additions to or renovations of existing buildings, construction of streets, drainage improvements, land purchases, and water and wastewater utility lines. This is a very progressive process, with projects being added and deleted from the funded and unfunded lists as they move through the project completion phase. A. Preparation – The City’s capital budget will include all capital project funds and all capital resources. The budget will be prepared annually in conjunction with the operating budget. The capital budget will be compiled by the Finance Director with the involvement of all required City departmental project managers. Integration of the fiscal impact of capital improvements on the operating budget will be monitored. B. Definition – Facilities include any structures or properties owned by the City, the land upon which the facility is situated for the provision of City services, and the initial furniture, fixtures, equipment and apparatus necessary to put the facility in service. Facilities include, but are not limited to the following: administrative offices, parks, service centers and storage yards, recreation centers, libraries, fire stations, jails and courts, and water and sewer related structures. C. Infrastructure – Includes permanently installed facilities, generally placed underground or at grade, which form the basis for the provision of City services. Typically included are thoroughfares, bridges, water and wastewater lines, drainage channels, and storm sewers. D. Control – All capital project expenditures must be appropriated in the capital budget. The Finance Department must certify the availability of such appropriations or the availability of resources so an appropriation can be made before a capital project contract is presented by the City Manager to the City Council for approval. E. Program Planning – The capital budget will include capital improvements program plans for future years. The planning time frame should normally be at least five years. The replacement and maintenance for capital items should be projected for the next five years. Future maintenance and operations will be determined, so that these costs can be considered in the operating budget. F. Alternate Resources – Where applicable, assessments, impact fees, pro-rata charges, or other user-based fees should be used to fund capital projects which have a primary benefit to specified property owners. Drainage Utility revenues are established to fund small citywide drainage projects. Single large drainage projects will be funded by debt. G. Debt Financing – Recognizing that debt is usually a more expensive financing method, alternative financing sources will be explored before debt is issued. When debt is issued, it will be used to acquire major assets with expected lives which equal or exceed the average life of the debt issue. The exceptions to this requirement are the traditional costs of marketing and issuing the debt, capitalized labor for design and construction of capital projects, and small component parts which are attached to major equipment purchases. H. Infrastructure Maintenance – The City recognizes that deferred street maintenance increases future capital costs by an estimated five- to ten-fold. Therefore, a portion of the General Fund budget will be set aside each year to maintain the quality of streets. The amount will be established annually. I. Reporting – Periodic financial reports will be prepared to enable the Department Managers to manage their capital budgets and to enable the Finance Department to monitor and control the capital budget as authorized by the City Manager. 126 CITY OF EULESS CAPITAL IMPROVEMENT PROJECTS DATE: June 25, 1991 PREPARED BY: Finance Department Rev. July 15, 1992 RE: Capital Improvements APPROVED BY: City Manager I. PURPOSE Pursuant to City of Euless Charter, Article VII, Section 2, Paragraph (5) and (6), the City Manager’s Office will present annually a statement of capital expenditures for the next fiscal year and provisions for financing, as well as a five-year project listing. II. SCOPE & NECESSARY ELEMENTS All City improvements to be considered by City Council will be presented utilizing these guidelines. Proper planning, consistency, and uniformity will provide better format for public consumption of information. Initial Necessary Elements: 1. Project Name or Title 2. Estimated cost of an improvement project 3. Anticipated method of funding 4. Some form of priority rating 5. Scheduling fiscal year 6. Account number to which the project is to be charged III. RESPONSIBILITIES & TYPES OF PLANS Water Projects – Any project intended to improve or expand the water production and distribution system, capabilities, or facilities of the City of Euless is a water project. Responsibility rests with the Public Works Department. Wastewater Projects – Any project that is intended to improve, expand, or extend some portion of the wastewater collection system or the wastewater treatment facilities of the City of Euless. Responsibility rests with the Public Works Department. Park Projects – Improvements and additions to the City Park and open-space system. The responsibility rests with the Community Services Department. Traffic Control Projects – Improvements and additions to the City traffic control system including signal relocation, upgrading and new installation and other devices for improving traffic control represents Traffic Control projects. Responsibility rests with the Engineering Department. Street Projects – These projects include the construction or major redevelopment of streets and thoroughfares, which include project engineering and drainage improvements incidental to the thoroughfare improvement. Responsibility rests with the Public Works Department. Drainage Projects – This category includes new development drainage, major drainage, and designated project drainage independent from street construction, and thus separate and distinct from drainage incidental to street or thoroughfare improvements. Responsibility rests with the Public Works Department. 127 Golf Projects – This project type includes the sites, planning and construction of Golf Course facilities, including course, driving range, maintenance, and clubhouse. This facility is normally a one-time project. Responsibility rests with the Community Services Department. Athletic Complex – These projects include the construction of all recreational facilities, including volley ball, soccer fields, youth baseball fields, concessions, and batting cages. Responsibility rests with the Community Services Department. Softball – These projects include land acquisition, renovations/improvements, and additions to the softball complex and related facilities of the City of Euless. Responsibility rests with the Community Services Department. Half-Cent Sales Tax – These projects include the construction of a new library, additions to park facilities and park improvements, and economic development related projects. Responsibility rests with the City Manager and respective departmental directors. Fire – Fire projects are those which involve the renovation, acquisition or construction of equipment or facilities for fire protection. Responsibility rests with the Fire Department. CATEGORIZED GUIDELINES FOR CLASSIFYING PROJECT: Land – All expenditures for the acquisition of land (for the purpose of long-term use by the City) should be included. Payments of damage claims arising from the taking of or the use of the land as well as the acquisition in fee simple would be included. Structures – All expenditures for the structures, including not only construction costs, but also architectural, engineering, legal and related expenses would be included. However, small structures of relatively nominal value, such as a metal storage shed, would be excluded from the C.I.P. As a general rule of thumb, somewhere in the range of $25,000 is considered the minimum structure cost for inclusion in the C.I.P., and it should have an expected useful life of at least ten years. Machinery – All expenditures for machinery that is a part of structures at the time of initial acquisition or construction of the structure should be included. Additionally, expenditures for machinery which constitute a substantial upgrading or renovation of an existing structure should be included. A general rule of thumb for C.I.P. inclusion for such machinery outlays is a minimum cost of approximately $10,000 and an expected useful life of ten years. Vehicular Equipment – Vehicular equipment is not generally considered appropriate as an item for the C.I.P. due to the relatively nominal unit cost and short life. However, heavy equipment may be included using the machinery and equipment guidelines: $25,000 minimum cost and at least ten years of expected useful life. Furnishing and Office Equipment – The total furnishings for a new facility addition may constitute a C.I.P. item. Each such case must be considered individually. However, the machinery and equipment rule of thumb of ten years minimum expected useful life and $10,000 cost (total furnishing cost for new facility or addition) may be used as a general guideline. Office equipment is not considered a proper C.I.P. item. Thoroughfares and Utility Lines – All expenditures for thoroughfare and utility line construction, engineering, legal and related expenses should be included. Preliminary Plans, Investigation and Studies – For many projects, substantial sums are required for preliminary plans, investigations and studies. Ordinarily, such inquiries (if aimed at possible capital outlays of the charter that would be admitted to the C.I.P. under the previous categories) would be included in the capital program. 128 Landscaping – All landscaping expenditures for new or existing facilities may qualify as a C.I.P. item. Each case will be considered individually. As a rule of thumb, costs of approximately $10,000 are considered. Grant-In-Aid Items – All expenditures of grant, matching or participating moneys from other governmental entities or private contributors (Foundations) which are expended in conjunction with City funds for Capital Improvements Projects. IV. DEFINITIONS Definition of Program - A Capital Improvement Program is a list of public physical improvements scheduled over a period of time taking project priority and financial capability into account. Definition of Capital Improvement - Any major non-recurring expenditure or any expenditure for physical facilities of government, such as cost for acquisition of land or interest in land; construction of buildings or other structures, including additions or major alterations; construction of highways or utility lines; fixed equipment; landscaping and similar expenditures. Webster’s Definition of “Project” - “A specific plan or design; scheme; an idea; a planned undertaking; a large usually government-supported undertaking.” V. PROCEDURES In conjunction with the annual operational budget cycle, input will be received from appropriate departments by the City Manager’s Office for inclusion in the C.I.P. budget for presentation to City Council. 129 CURRENT CAPITAL PROJECTS FUNDS Water and Wastewater Construction Fund – Used to account for the financing and construction of various water and sewer mains. Proceeds are from the sale of revenue bonds, contributions from other agencies, capital recovery fees, and water and sewer operating transfers. Water Impact Fee Fund - Used to account for the construction of projects funded by the water impact fees. These funds are legally restricted to items identified in the water impact fee study. Wastewater Impact Fee Fund - Used to account for the construction of projects funded by the wastewater impact fees. These funds are legally restricted to items identified in the wastewater impact fee study. Drainage Improvement Fund – Used to account for the financing and construction of various drainage projects. Proceeds are from the sale of drainage revenue bonds and monthly billings. Texas Star Sports Complex Construction Fund – Used to account for the financing, renovation and construction of the sports facilities projects. Proceeds are from sale of revenue bonds, grant, general fund bond sale and inter-fund transfer, operating reserves and interest income. Texas Star Golf Course Construction Fund – Used to account for the financing and construction of a golf course, clubhouse, and conference center facility. Proceeds are from sale of revenue bonds, inter-fund transfer and interest income. Police Facility Construction Fund – Used to account for the financing of and construction of a new police facility. Construction is substantially complete. Street Construction Fund – Used to account for the financing and construction of various street infrastructures. Proceeds are from the sale of general obligation bonds, certificates of obligation, contributions from other agencies, and accumulated cash reserves. General Construction Fund – Used to account for bond proceeds and accumulated cash reserves related to general facility improvements such as fire stations and campus improvements. Car Rental Tax Capital Projects Fund – Used to account for any ongoing projects or construction projects funded from this revenue source. Half Cent Sales Tax Capital Fund – Used to account for the financing and construction of Euless Development Corporation approved projects, currently include Parks, Library, and Economic Development. Proceeds are from the sale of revenue bonds, sales tax collections, and interest earnings. Redevelopment Fund- Used to account for any land acquisition and revitalization projects designed to enhance the development of deteriorating areas throughout the community. Developer Contribution (Escrow) Fund- Used to account for funds received for the purposes of making new and future improvements to various development areas within the City. Midtown Development Fund- Used to account for the financing and construction of various street, water, wastewater, drainage, and other infrastructure improvements in the area generally known as Midtown on the south side of State Highway 183. This fund will be used to account for proceeds from the sale of certificates of obligation. 130 CITY OF EULESS CAPITAL IMPROVEMENT PROGRAM The City of Euless has developed and produced under separate cover a Capital Improvements Program. This program is reviewed annually to reflect changing priorities. It provides a framework for identifying capital requirements, scheduling projects over multiple years, coordinating related projects, and identifying future fiscal impact. This document details all capital 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.” Excerpts from the Capital Improvements Program publication have been summarized in the Operating Budget document for your convenience. Formal City Council Adoption of the Capital Improvement Program indicates the City’s commitment to the plan, but does not in itself authorize expenditures. The necessary funding mechanisms must be adopted each year to pay for the improvements. Each year, the Capital Improvement Program includes a thorough review process similar to the operating budget. A Capital Improvement Program Fund Balance Summary has been provided that reflects all resources currently available and projected resources for the upcoming budget year. This summary reflects capital expenditures that were approved during the budget process, lists all capital projects presented during FY2015-16 for approval, and verifies that resources are currently available to fund all these projects. As projects are approved by the City Council, they will be moved from the “Unfunded” section of the Capital Improvement Program to the “Funded” section. Summaries of Funded and Unfunded Projects have been provided in this section and each summary contains five major categories including Drainage Projects, Street Projects, Wastewater Projects, Water Projects and Other Projects. Unfunded projects have been prioritized into three categories. Priority A indicates that the project was presented for the FY2015-16 budget. Priority B indicates that projects will be presented to Council within two to five years. Priority C indicates that projects will not begin for at least 5 years. For more detail information on capital projects and their possible impact on operating budgets refer to the Capital Improvements Program document. The following table summarizes budgets for Funded Projects. Unfunded Projects have also been summarized by category and priority. Funded Projects Unfunded Projects Priority A Priority B Priority C Drainage $ 1,627,833 $ -0- $ -0- TBD Street $ 17,163,914(1) $ 759,301 $ 4,956,000 TBD Wastewater $ 2,074,420 $ 253,000 $ 2,427,000 TBD Water $ 21,364,214 $ 1,922,925 $ 7,064,000 TBD Other $ 7,141,509 $ 21,551,125 $ 10,543,597 TBD $ 24,486,351 $ 24,990,597 TBD Total Funded $ 49,371,890 Total Unfunded Projects $ 49,476,948 (1) Includes future debt issue. 131 Fund Balance Summary - Capital Estimated FY15 and Budgeted FY16 Capital Improvement Projects EDC Developer's Streets Half-Cent General Escrow CIP CIP CIP Beg. Working Capital FY15 $1,518,511 $857,834 $987,233 $942,928 FY15 Estimated Revenues 337,324 6,813,362 50,573 112,756 Total Available: 1,855,835 7,671,196 1,037,806 1,055,684 FY15 Estimated Project Expenditures 1,220 (6,983,143)(142,734)0 Total Expenses: 1,220 (6,983,143) (142,734)0 Estimated Working Capital FY15 $1,857,055 $688,053 $895,072 $1,055,684 FY16 Budgeted Revenues 3,750 7,715,795 130,000 270,304 Total Available: 1,860,805 8,403,848 1,025,072 1,325,988 FY16 Project Expenditures 0 (4,158,211) (130,000) (10,500) Budgeted Carryover 0 (3,953,542)(540,679)0 Total Expenses:0 (8,111,753)(670,679)(10,500) Estimated Working Capital FY16 $1,860,805 $292,095 $354,393 $1,315,488 FY16 Projects East Harwood Road Extension 0 100,000 0 0 FY2015 40th CDBG - ADA/TAS Improvements 0 24,000 0 0 FY2016 41st CDBG - ADA/TAS Improvements 0 59,301 0 0 FY2016 Street Overlay 0 600,000 0 0 Glade Parks Improvements 0 3,268,910 0 0 Miscellaneous Street Repair 0 106,000 0 0 Park Irrigation Projects 0 0 25,000 0 Incentives 0 0 25,000 0 Miscellaneous Park Improvements 0 0 80,000 10,500 Total FY16 Projects $0 $4,158,211 $130,000 $10,500 132 Fund Balance Summary - Capital Estimated FY15 and Budgeted FY16 Capital Improvement Projects Midtown Police Car Rental Redevelopment Development Facility Tax TSGC TSSC CIP CIP^CIP CIP CIP* CIP Beg. Working Capital FY15 $67,737 $0 $4,072 $480,191 $171,666 $753,106 FY15 Estimated Revenues 400,163 0 2 1,274,793 65,028 360 Total Available: 467,900 0 4,074 1,754,984 236,694 753,466 FY15 Estimated Project Expenditures (284,182)0 (3,620)(163,852)(64,196)0 Total Expenses: (284,182)0 (3,620) (163,852) (64,196)0 Estimated Working Capital FY15 $183,717 $0 $454 $1,591,132 $172,498 $753,466 FY16 Budgeted Revenues 0 16,748,583 8 3,431,775 75,000 1,855,000 Total Available: 183,717 16,748,583 462 5,022,907 247,498 2,608,466 FY16 Project Expenditures (122) (16,748,583) 0 (2,578,275) (75,000) (2,307,767) Budgeted Carryover (182,266)0 (451)(2,275,714)(132,468)0 Total Expenses: (182,388)(16,748,583)(451)(4,853,989)(207,468)(2,307,767) Estimated Working Capital FY16 $1,329 $0 $11 $168,918 $40,030 $300,699 FY16 Projects Redevelopment 122 0 0 0 0 0 Glade Parks Trail Connection 0 0 0 10,000 0 0 TSGC Miscellaneous Improvements 0 0 0 0 75,000 0 Municipal Plaza Improvements Phase I 0 0 0 58,500 0 0 ADA/TAS Improvements 0 0 0 15,000 0 0 Development & Engineering Construction 0 0 0 2,494,775 0 0 Texas Star Sports Complex Phase V 0 0 0 0 0 2,307,767 Midtown Development 0 16,748,583 0 0 0 0 Total FY16 Projects $122 $16,748,583 $0 $2,578,275 $75,000 $2,307,767 ^ Fund created in FY2015-16 with the creation of Midtown TIRZ, Midtown PID, and Midtown Development. * In prior years the Texas Star Golf Course Reserves and CIP funds have been combined. Reserves and CIP have now been separated for accounting purposes, therefore beginning Working Capital FY2014-15 has been adjusted to show only CIP Funds ($171,666). Debt Reserves fund summary will show the other portion of beginning Working Capital amounts ($923,377). 133 Fund Balance Summary - Capital Estimated FY15 and Budgeted FY16 Capital Improvement Projects Water Wastewater W&WW Impact Impact Drainage CIP Fee Fee CIP Beg. Working Capital FY15 $1,959,921 $1,423,967 $453,287 $1,023,112 FY15 Estimated Revenues 9,829,719 433,867 125,692 126,057 Total Available: 11,789,640 1,857,834 578,979 1,149,169 FY15 Estimated Project Expenditures (1,734,523)(369,034)(100,000)(138,448) Total Expenses: (1,734,523)(369,034) (100,000) (138,448) Estimated Working Capital FY15 $10,055,118 $1,488,800 $478,979 $1,010,721 FY16 Budgeted Revenues 3,932,275 148,449 10,856 60,000 Total Available: 13,987,393 1,637,249 489,835 1,070,721 FY16 Project Expenditures (2,610,259) (365,176) (100,000) (60,000) Budgeted Carryover (10,092,639)(300)0 (1,000,977) Total Expenses: (12,702,898)(365,476)(100,000)(1,060,977) Estimated Working Capital FY16 $1,284,495 $1,271,773 $389,835 $9,744 FY16 Projects Wastewater Line Replacement 319,334 0 0 0 Water Line Replacement 522,925 0 0 0 Valve Replacement 120,000 0 0 0 Reclaimed Water Line Extension Phase II 1,280,000 0 0 0 Meters/Transponders 158,000 0 0 0 Water and Wastewater Rehab 210,000 0 0 0 Water Tank Debt Payment 0 245,482 0 0 Reclaimed Water Line Extension Debt Payment 0 119,694 0 0 TRA Payments 0 0 100,000 0 Miscellaneous Drainage Improvements 0 0 0 60,000 Total FY16 Projects $2,610,259 $365,176 $100,000 $60,000 134 Project DescriptionPriority Estimated Cost Operating FundCIP Fund BalanceBond SaleGrants/ ContributionsImpact FeesEscrow FundsCar Rental TaxOther EDCTo Be DeterminedDRAINAGE PROJECTSNone CurrentlyA $ - Sub-Total Drainage Priority A-Proposed FY16 $ - None CurrentlyB $ - Sub-Total Drainage Priority B-Unfunded $ - Bell Hi Addition C TBD XX Blessing Branch-Main Street to SH 360C TBD XX Hollow Oak Channel ErosionC TBD XX Kynette Drive Culvert Modifications C TBD XX Little Bear Creek Drainage ImprovementsC TBD XX Marlene Drive Culvert ReplacementC TBD XX Simmons Drive Culvert ImprovementsC TBD XX Sub-Total Drainage Priority C-Unfunded $ - DRAINAGE PROJECTS - TOTAL$ - STREET PROJECTSEast Harwood Road Extension A$ 100,000 XX FY2016 41st CDBG-ADA/TAS Infrastructure Improvements A $ 59,301 XX FY2016 Street Overlay A$ 600,000 XX Sub-Total Street Priority A-Proposed FY16 $ 759,301 FY2017 42nd CDBG-ADA/TAS Infrastructure Improvements (17)B $ 91,000 XX FY2017 Street Overlay (17)B $ 600,000 XX XX State Highway 183 East Improvements (17)B $ 250,000 XX Traffic Signal-Harwood Road at Bear Creek Parkway (17)B $ 180,000 XX FY2018 Street Overlay (18)B $ 600,000 XX XX Traffic Signal-Cheek-Sparger Road at Heritage Avenue (18)B $ 180,000 $ 50,000 $ 130,000 FY2019 44th CDBG-ADA/TAS Infrastructure Improvements (19)B $ 110,000 XX FY2019 Street Overlay (19)B $ 600,000 XX XX Bear Creek Parkway Reconstruction (20)B $ 1,290,000 XX FY2020 Street Overlay (20)B $ 600,000 XX XX Vine Street Reconstruction-SH183 to SH10 (20)B $ 455,000 XX XX Sub-Total Street Priority B-Unfunded $ 4,956,000 Cresthaven Drive ReconstructionC TBD XX E Alexander Lane Reconstruction C TBD XX Fuller-Wiser Road Reconstruction-Harwood Road to Mid Cities BoulevardC TBD XX Fuller-Wiser Road Reconstruction-SH183 to Harwood RoadC TBD XX Highland Drive ReconstructionC TBD XX Midway Drive ReconstructionC TBD XX Ross Avenue ExtensionC TBD XX South Pipeline Road ReconstructionC TBD XX Sub-Total Street Priority C-Unfunded$ - STREET PROJECTS - TOTAL$ 5,715,301 PROPOSED METHOD OF FINANCINGCAPITAL IMPROVEMENT PROGRAMSFY16 PROPOSED & UNFUNDED PROJECTS - SORTED BY TYPE135 Project DescriptionPriority Estimated Cost Operating FundCIP Fund BalanceBond SaleGrants/ ContributionsImpact FeesEscrow FundsCar Rental TaxOther EDCTo Be DeterminedPROPOSED METHOD OF FINANCINGCAPITAL IMPROVEMENT PROGRAMSFY16 PROPOSED & UNFUNDED PROJECTS - SORTED BY TYPEWASTEWATER PROJECTSLR: Glenn DriveA $ 253,000 XX Sub-Total Wastewater Priority A-Proposed FY16 $ 253,000 LR: Cedar Hill Estates/Hollywood Boulevard (17)B $ 129,000 XX FY2017 42nd CDBG LR: Oakwood Terrace Phase I (17)B $ 209,000 XX FY2018 43rd CDBG LR: Oakwood Terrace Phase II (18)B $ 472,000 $ 172,000 $ 300,000 LR: Ector Drive/Fayette Drive (18)B $ 315,000 XX LR: Milam Drive (19)B $ 299,000 XX SH183 Phase II Wastewater Relocation (19)B $ 600,000 XX LR: Kynette Drive/Wilshire Drive (20)B $ 403,000 XX Sub-Total Wastewater Priority B-Unfunded $ 2,427,000 LR: Donley Drive/Shelmar DriveC TBD XX LR: Eastcliff Drive/Windlea Drive/Signet DriveC TBD XX LR: Ector Drive/Donley Drive/Crane DriveC TBD XX LR: Evans Drive/Canyon Ridge Drive/N Kynette DriveC TBD XX LR: Huntington/Koen/Atkerson/E Huitt/Slaughter/Martin C TBD XX LR: Janann Street/Brownstone/Shelmar DriveC TBD XX LR: Lakewood Boulevard/Dogwood Circle/Bocowood CircleC TBD XX LR: Live Oak Drive/Silver Creek Drive/Marlene DriveC TBD XX LR: Mary/Marlene/Commerce/ Wilshire/GreenbriarC TBD XX LR: Northcliff/Toplea/Windlea/Signet/ Kynette/WestcliffC TBD XX LR: NW Midway Drive/Rusk Drive/Parker Drive/Rockwall Drive C TBD XX LR: S Main Street C TBD XX LR: Sagebrush/Toplea/Wilshire/Yorkshire/TylerC TBD XX LR: Sierra DriveC TBD XX LR: W Donley/Private Drive/Mimosa/Magnolia/RedbudC TBD XX LR: W Midway/Victoria/Delta/ Lamar/RockwallC TBD XX Sub-Total Wastewater Priority C-Unfunded$ - WASTEWATER PROJECTS - TOTAL$ 2,680,000 LR = Line Replacement136 Project DescriptionPriority Estimated Cost Operating FundCIP Fund BalanceBond SaleGrants/ ContributionsImpact FeesEscrow FundsCar Rental TaxOther EDCTo Be DeterminedPROPOSED METHOD OF FINANCINGCAPITAL IMPROVEMENT PROGRAMSFY16 PROPOSED & UNFUNDED PROJECTS - SORTED BY TYPEWATER PROJECTSLR: Donley Drive/Shelmar DriveA $ 212,000 XX FY2016 41st CDBG LR: Ector DriveA $ 310,925 XX Miscellaneous Valve ReplacementA $ 120,000 XX Reclaimed Water Line Extension Phase IIIA $ 1,280,000 XX XX Sub-Total Water Priority A-Proposed FY16 $ 1,922,925 Fort Worth Interconnect (17)B $ 300,000 XX Reclaimed Water Line Extension Phase IV (18)B $ 1,960,000 XX FY2019 44th CDBG LR: Hollow Oak Drive (19)B $ 190,000 XX LR: Kynette Drive (19)B $ 289,000 XX SH183 Phase II Water Relocation (19) B $ 1,200,000 XX FY2020 45th CDBG LR: S Main Street (South) (20)B $ 300,000 XX Reclaimed Water Line Extension Phase V (20)B $ 1,410,000 XX Reclaimed Water Line Extension Phase VI (20)B $ 1,000,000 XX LR: Sunset Drive (20)B $ 415,000 XX Sub-Total Water Priority B-Unfunded $ 7,064,000 LR: Blessing Creek/Stony Creek/Rock Creek C TBD XX LR: Collin Drive-Dallas Drive to Harwood RoadC TBD XX LR: Collin Drive-Denton Drive to Dallas DriveC TBD XX LR: Denton DriveC TBD XX LR: Dickey Drive NorthC TBD XX LR: Dickey Drive SouthC TBD XX LR: Dunaway DriveC TBD XX LR: E Huitt LaneC TBD XX LR: Eastcliff Drive C TBD XX LR: Fuller DriveC TBD XX LR: Live Oak Court/Live Oak DriveC TBD XX LR: Midcreek/Rock Creek/Stony CreekC TBD XX LR: Midway Drive East C TBD XX LR: Midway Drive WestC TBD XX LR: Needles StreetC TBD XX LR: Paula Lane C TBD XX LR: S Main Street (North)C TBD XX LR: S Pipeline Road East C TBD XX LR: S Pipeline Road West C TBD XX SH360 Water Crossing C TBD XX LR: Shady Creek Drive/Cliffwood RoadC TBD XX LR: Springwood CourtC TBD XX LR: Westwood DriveC TBD XX LR: Wildwood StreetC TBD XX LR: Woodvine (East)C TBD XX LR: Woodvine (West)C TBD XX Sub-Total Water Priority C-Unfunded$ - WATER PROJECTS - TOTAL$ 8,986,925 LR = Line Replacement137 Project DescriptionPriority Estimated Cost Operating FundCIP Fund BalanceBond SaleGrants/ ContributionsImpact FeesEscrow FundsCar Rental TaxOther EDCTo Be DeterminedPROPOSED METHOD OF FINANCINGCAPITAL IMPROVEMENT PROGRAMSFY16 PROPOSED & UNFUNDED PROJECTS - SORTED BY TYPEOTHER PROJECTSDevelopment/Engineering Building Construction A $ 2,494,775 XX Midtown DevelopmentA $ 16,748,583 XX Texas Star Sports Complex Phase VA $ 2,307,767 $ 877,767 $ 730,000 $ 700,000 Sub-Total Other Priority A-Proposed FY16 $ 21,551,125 Municipal Plaza Improvements Phase II (17)B $ 150,000 XX Texas Star Golf Course Maintenance Building (17)B $ 110,000 XX Texas Star Sports Complex Phase VI (17)B $ 926,573 XX Blessing Branch Park Improvements (18)B $ 267,120 XX Texas Star Sports Complex Phase VII Design (18)B $ 810,930 XX Library Remodel Design (19)B $ 147,630 XX Texas Star Sports Complex Phase VII Construction (19)B $ 5,946,821 XX XX Library Remodel Construction (20)B $ 2,000,000 XX Trail Enhancements Phase I (20)B $ 184,523 XX Sub-Total Other Priority B-Unfunded $ 10,543,597 Animal Shelter Expansion/RenovationC TBD XX Fire Station #2 RemodelC TBD XX Kiddie Carr Park ImprovementsC TBD XX South Euless Park UpgradesC TBD XX Trail Enhancements Phase IIC TBD XX Trail Enhancements Villages of Bear CreekC TBD XX Trailwood Park ImprovementsC TBD XX Wilshire Park UpgradesC TBD XX Sub-Total Other Priority C-Unfunded$ - OTHER PROJECTS - TOTAL$ 32,094,722 138 CAPITAL IMPROVEMENTS PROGRAMFUNDED PROJECTS SUMMARYProject Number Project DescriptionBudget as of 5/31/14Appropriation/ AmendmentBudget as of 5/31/15Expended as of 5/31/15Remaining FundsRevised Project Cost EstimatesUnfunded/ (Excess Funding) DRAINAGE PROJECTSDR9903Misc. Drainage Improvements 837,833$ 95,000$ 932,833$ 348,301$ 584,532$ 932,833$ -$ DR1101Flooding Mitigation500,000$ -$ 500,000$ 18,334$ 481,666$ 500,000$ -$ DR1201Misc. Creek Maintenance (min bal $100,000)105,000$ 30,000$ 135,000$ 93,521$ 41,479$ 195,000$ 60,000$ -$ FB9902Fund Balance - Drainage CIP-$ -$ -$ -$ -$ -$ (6)$ 1,442,833$ 125,000$ 1,567,833$ 460,156$ 1,107,677$ 1,627,833$ 59,994$ STREET PROJECTSPS1102Glade Parks Improvements 12,100,604$ -$ 12,100,604$ 8,683,573$ 3,417,031$ 15,369,514$ 3,268,910$ (1)PS1202ADA/TAS Infrastructure Improvements413,800$ 50,000$ 463,800$ 378,869$ 84,931$ 463,800$ -$ PS1203Misc. Street Repairs (min bal $150,000)330,000$ 75,000$ 405,000$ 298,369$ 106,631$ 511,000$ 106,000$ PS1501FY2015 40th CDBG-ADA/TAS Infrastructure Improvements-$ 495,600$ 495,600$ -$ 495,600$ 519,600$ 24,000$ PS1502FY2015 Street Overlay-$ 300,000$ 300,000$ 3,496$ 296,504$ 300,000$ -$ FB9907Fund Balance - Street CIP-$ -$ -$ -$ -$ -$ (109,221)$ 12,844,404$ 920,600$ 13,765,004$ 9,364,307$ 4,400,697$ 17,163,914$ 3,289,689$ WASTEWATER PROJECTSWW0002Misc. Wastewater Rehab (min bal $100,000)416,086$ 90,000$ 506,086$ 431,605$ 74,481$ 606,086$ 100,000$ WW0605 TRA Wastewater Payments - Impact 580,000$ 100,000$ 680,000$ 580,000$ 100,000$ 780,000$ 100,000$ WW1501 Line Rep - Crane Drive -$ 185,000$ 185,000$ 39,654$ 145,346$ 247,669$ 62,669$ WW1502 Line Rep - Town Creek Drive -$ 437,000$ 437,000$ -$ 437,000$ 440,665$ 3,665$ FB9911 FB - Wastewater Impact (Restricted) -$ -$ -$ -$ -$ -$ (434,685)$ 996,086$ 812,000$ 1,808,086$ 1,051,259$ 756,827$ 2,074,420$ (168,351)$ 1 Portion of debt not yet issued.Sub-Total Street ProjectsSub-Total Drainage ProjectsSub-Total Wastewater Projects139 CAPITAL IMPROVEMENTS PROGRAMFUNDED PROJECTS SUMMARYProject Number Project DescriptionBudget as of 5/31/14Appropriation/ AmendmentBudget as of 5/31/15Expended as of 5/31/15Remaining FundsRevised Project Cost EstimatesUnfunded/ (Excess Funding) WATER PROJECTSWT0001Misc. Water Rehab (min bal $150,000)443,511$ 150,000$ 593,511$ 474,053$ 119,458$ 703,511$ 110,000$ WT0101 Water Tank Debt Payment-Impact 3,730,280$ 248,440$ 3,978,720$ 3,896,004$ 82,716$ 4,224,202$ 245,482$ WT0104Well Repairs (min bal $200,000)1,313,992$ 300,000$ 1,613,992$ 1,224,885$ 389,107$ 1,613,992$ -$ WT0803 Meters/Transponders (annual transfer $158,000)1,453,750$ 58,000$ 1,511,750$ 1,032,116$ 479,634$ 1,669,750$ 158,000$ WT0901 TRA Water Payments-Impact 750,000$ -$ 750,000$ 750,000$ -$ 750,000$ -$ WT1201 Reclaimed Water Line Extension Phase I 6,650,000$ (3,410,548)$ 3,239,452$ 3,239,452$ -$ 3,239,452$ -$ (2)WT1212 Reclaimed Water Line Extension Phase II-$ 3,129,300$ 3,129,300$ 34,958$ 3,094,342$ 3,129,300$ -$ (2)WT1402 Fixed Base Meter Reading and Water Meter Changeout5,500,000$ (6,950)$ 5,493,050$ -$ 5,493,050$ 5,493,050$ -$ WT1403 Reclaimed Water Line Extension Debt Payment-Impact120,369$ 120,894$ 241,263$ 200,969$ 40,294$ 360,957$ 119,694$ WT1501 24-Inch Valve Replacement Cinnamon, Anice, Fuller-Wiser-$ 220,000$ 220,000$ 100$ 219,900$ 180,000$ (40,000)$ FB9910 FB- Water Impact (Restricted)-$ -$ -$ -$ -$ -$ (1,298,254)$ FB9901 FB - Water & Wastewater CIP-$ -$ -$ -$ -$ -$ (194,347)$ 19,961,902$ 809,136$ 20,771,038$ 10,852,537$ 9,918,501$ 21,364,214$ (899,425)$ OTHERAC1201 Texas Star Sports Complex Phase IV840,687$ -$ 840,687$ 556,196$ 284,491$ 840,687$ -$ CM0304 Entry Monument Sign Program115,782$ 20,000$ 135,782$ 106,227$ 29,555$ 135,782$ -$ CM0804 Redevelopment 974,300$ 400,122$ 1,374,422$ 1,053,006$ 321,416$ 1,374,422$ -$ CM1508 Car Rental Contingency-$ 700,000$ 700,000$ -$ 700,000$ 700,000$ -$ CM1509 Municipal Plaza Improvements Phase I -$ 100,000$ 100,000$ -$ 100,000$ 158,500$ 58,500$ DV9901 EDC Incentive Funds500,854$ 25,000$ 525,854$ 450,853$ 75,001$ 550,854$ 25,000$ ED0101 Planning Consultants204,869$ -$ 204,869$ 104,869$ 100,000$ 204,869$ -$ ED1002 EDC Contingency250,000$ -$ 250,000$ -$ 250,000$ 250,000$ -$ FM1201ADA/TAS Facility Improvements (min bal $75,000)100,000$ -$ 100,000$ 39,386$ 60,614$ 115,000$ 15,000$ FM1510 Development/Engineering Building Design -$ 94,350$ 94,350$ 34,600$ 59,750$ 94,350$ -$ GC1201TSGC Misc. Improvements (min bal $150,000)250,000$ 105,000$ 355,000$ 219,212$ 135,788$ 430,000$ 75,000$ PR0720Misc. Park Improvements (min bal $100,000)575,000$ 10,500$ 585,500$ 519,569$ 65,931$ 665,500$ 80,000$ PR0804 Park Irrigation175,000$ 25,000$ 200,000$ 87,116$ 112,884$ 225,000$ 25,000$ PR1401 Glade Parks Trail Connection 117,000$ 1,269,545$ 1,386,545$ 81,677$ 1,304,868$ 1,396,545$ 10,000$ FB9906 FB-EDC CIP-$ -$ -$ -$ -$ -$ (418,130)$ FB9908 FB-Texas Star Sports Complex CIP-$ -$ -$ -$ -$ -$ (753,326)$ FB9909 FB-General CIP-$ -$ -$ -$ -$ -$ (189,645)$ FB9913 FB-Car Rental CIP-$ -$ -$ -$ -$ -$ (225,173)$ 4,103,492$ 2,749,517$ 6,853,009$ 3,252,711$ 3,600,298$ 7,141,509$ (1,297,774)$ 39,348,717$ 5,416,253$ 44,764,970$ 24,980,970$ 19,784,000$ 49,371,890$ 984,133$ 2 Project WT1201 - split between Phase I and Phase II (WT1212).TOTAL FUNDED PROJECTSSub-Total Water ProjectsSub-Total Other Projects140 Debt 141 880,224$ 873,440$ 873,440$ 750,824$ REVENUES Property Taxes 3,107,857$ 2,994,233$ 3,080,959$ 2,961,912$ Gross Receipts Tax -$ -$ -$ -$ General Sales Tax -$ -$ -$ -$ Selective Sales Tax -$ -$ -$ -$ Fines/Fees/Penalties 16,099$ 22,000$ 20,537$ 21,081$ Licenses & Permits -$ -$ -$ -$ Interest Income 526$ 820$ 864$ 820$ Intergovernmental Revenue -$ -$ -$ -$ Charges for Service -$ -$ -$ -$ Miscellaneous/Rental Income 694,755$ 495,000$ 495,000$ 495,000$ Insurance/Risk/Other Financing Sources -$ -$ 6,474,428$ -$ Revenues before Transfers 3,819,237$ 3,512,053$ 10,071,788$ 3,478,813$ Transfers from Other Funds 2,644,174$ 3,125,809$ 3,087,831$ 3,209,979$ TOTAL REVENUES 6,463,411$ 6,637,862$ 13,159,619$ 6,688,792$ TOTAL RESOURCES 7,343,635$ 7,511,302$ 14,033,059$ 7,439,616$ EXPENDITURES Personal Services -$ -$ -$ -$ Professional/Technical Services -$ -$ -$ -$ Contractual Services -$ -$ -$ -$ Utilities -$ -$ -$ -$ Maintenance -$ -$ -$ -$ Other Services/Contingencies -$ -$ -$ -$ Insurance -$ -$ -$ -$ General & Administrative -$ -$ -$ -$ Rebates/Incentives -$ -$ -$ -$ Supplies -$ -$ -$ -$ Capital Purchases (Equipment)-$ -$ -$ -$ Debt Service/Bank Charges (1)6,470,195$ 6,732,536$ 13,282,235$ 6,802,857$ Expenditures before Transfers 6,470,195$ 6,732,536$ 13,282,235$ 6,802,857$ Transfers to Other Funds -$ -$ -$ -$ TOTAL EXPENDITURES 6,470,195$ 6,732,536$ 13,282,235$ 6,802,857$ ENDING FUND BALANCE 873,440$ 778,766$ 750,824$ 636,759$ The projected FY2014-15 and FY2015-16 decrease is due to the use of excess reserves to pay current year debt service. ESTIMATED FY2014-15 BUDGET FY2014-15 DEBT FUND SUMMARY BEGINNING FUND BALANCE (1) FY2013-14 Actual excludes $2,620 period 13 GAAP adjustment for conversion to budgetary basis of accounting as described on page 173. ACTUAL FY2013-14 PROPOSED FY2015-16 142 6,620,097$ 4,824,106$ 4,824,106$ 5,076,341$ REVENUES Property Taxes -$ -$ -$ -$ Gross Receipts Tax -$ -$ -$ -$ General Sales Tax -$ -$ -$ -$ Selective Sales Tax -$ -$ -$ -$ Fines/Fees/Penalties -$ -$ -$ -$ Licenses & Permits -$ -$ -$ -$ Interest Income 16,339$ 15,570$ 15,920$ 6,350$ Intergovernmental Revenue -$ -$ -$ -$ Charges for Service 5,000$ -$ -$ -$ Miscellaneous/Rental Income 767,847$ 331,137$ 658,261$ 306,675$ Insurance/Risk/Other Financing Sources -$ -$ -$ -$ Revenues before Transfers 789,186$ 346,707$ 674,181$ 313,025$ Transfers from Other Funds 115,000$ 289,452$ 498,124$ -$ TOTAL REVENUES 904,186$ 636,159$ 1,172,305$ 313,025$ TOTAL RESOURCES 7,524,283$ 5,460,265$ 5,996,411$ 5,389,366$ EXPENDITURES Personal Services -$ -$ -$ -$ Professional/Technical Services -$ -$ -$ -$ Contractual Services -$ -$ -$ -$ Utilities -$ -$ -$ -$ Maintenance 5,000$ -$ -$ -$ Other Services/Contingencies 48,620$ -$ -$ -$ Insurance -$ -$ -$ -$ General & Administrative -$ -$ -$ -$ Rebates/Incentives -$ -$ -$ -$ Supplies -$ -$ -$ -$ Capital Purchases (Equipment)545,763$ -$ -$ -$ Debt Service/Bank Charges -$ -$ -$ -$ Expenditures before Transfers 599,383$ -$ -$ -$ Transfers to Other Funds 1,929,126$ 606,398$ 920,070$ 1,465,235$ TOTAL EXPENDITURES 2,528,510$ 606,398$ 920,070$ 1,465,235$ ENDING FUND BALANCE 4,995,773$ 4,853,867$ 5,076,341$ 3,924,131$ DEBT RESERVE FUND SUMMARY BEGINNING FUND BALANCE ACTUAL FY2013-14 * In prior years the Texas Star Golf Course Reserves and CIP funds have been combined. Reserves and CIP have now been separated for accounting purposes, therefore beginning Fund Balance FY15 has been adjusted to show Golf CIP beginning Fund Balance amounts of $171,666 and Golf Reserves beginning Fund Balance of $923,377. Projected FY16 in decrease in fund balance is due to lower reserve requirements as set by bond covenants. Funds no longer required in reserves are being transferred to capital improvements. PROPOSED FY2015-16 ESTIMATED FY2014-15* BUDGET FY2014-15* 143 INTRODUCTION TO DEBT General Obligation: The existing debt obligation and individual issues are presented in this section with graphical representations as well. Existing debt level reflects nineteen years of remaining payments with additional debt capacity as the structure begins to decline in 2021 and 2022 and falls again in 2025. The final debt service payment lies in fiscal year 2034. This debt structure also represents the following ratios: Debt to Current Debt Debt per Capita: Tax Base: to Revenue: City - $548 0.73% 9.26% General obligation ratios are favorable. Low debts to tax base ratios reveal the City’s goal of not burdening the citizens with excessive debt. Debt to revenue ratio is below 10%. The portion of the tax rate that is dedicated for existing debt levels is approximately 22%, which is a fiscally sound level. The State of Texas limits the ad valorem tax rate to $2.50 per $100 valuation. Euless’ adopted rate of $0.4675 falls well below this limit. Euless’ financial policies address debt management. Excerpts from that section include the following:  Long-term debt will not be used for operating purposes, and the life of the bonds will not exceed the useful life of the projects financed.  Full disclosure of operations will be made to the bond rating agencies. The City staff, with the assistance of fiscal advisors or bond counsel, will prepare the necessary materials for and presentation to the rating agencies.  The debt burden should be within the norm of comparable cities. Specifically, maintenance of capacity not to exceed the median per capita and per assessed valuation will be monitored.  The City will issue bonds with an average life of twenty (20) years or less in order to reduce net interest cost and maintain future flexibility by paying off debt earlier. The issuance should contribute to an overall curve that is relatively flat. Future debt issues will be considered within the parameters of the City’s financial policies, ratios, supporting revenues and political climate. Revenue: The City’s revenue bonds are comprised of Water and Wastewater, and Sales Tax. Water and Wastewater The existing debt structure represents twenty years of remaining payments with additional debt capacity as the structure begins to decline in 2021. The final payment lies in 2035. Current Revenue Bond Coverage for Water and Wastewater Bonds is 2.77 (see Table 12 of September 30, 2014 CARF). Sales Tax The City approved an additional sales tax of a half-cent under the 4b Economic Development legislation. The purpose of the sales tax is to fund library projects, parks projects, and economic 144 development incentives. The existing debt payment schedule falls dramatically in 2016 and decreases again in 2017. The final payment on these bonds is scheduled for in 2019. Current coverage ratio is 60.01 times, as calculated below: Gross Sales Tax Receipts $4,387,330 60.01 Avg. Annual Debt outstanding $73,109 Euless’ financial policies also address revenue issues in the debt management section. Excerpts from that section include the following:  When appropriate, self-supporting revenues will pay debt service in lieu of tax revenues.  The City has both revenue bonds and other indebtedness of the Water and Wastewater Fund. The City will maintain two coverage ratios: 1.50 for revenue bonds “technical average” and 1.25 for all indebtedness “practical coverage”. The City will issue new debt for an Enterprise only after an “additional bonds” test has been applied.  The City will issue bonds with an average life of twenty (20) years or less in order to reduce net interest cost and maintain future flexibility by paying off debt earlier. The issuance should contribute to an overall curve that is relatively flat. Bond Rating History RATING AGENCY TYPE DATES RATING Standard & Poor’s G.O. 02/09 to present 6/04 to 02/09 4/84 to 6/04 4/84 AA AA- A+ A to A+ WW & SS Revenue 05/12 to present 9/08 to 05/12 6/04 to 9/08 6/87 to 6/04 AA+ AA A+ A 4/83 to 6/87 Prior to 4/83 A- BBB+ Moody’s G.O. *04/10 to present 5/85 to 04/10 Prior to 5/85 Aa2 A1 A WW & SS Revenue *04/10 to present 6/04 to 04/10 6/99 to 6/04 1983 to 1999 Aa2 A1 A2 A *Moody’s recalibrated its rating designations in April of 2010. 145 SALES TAX YEAR G.O.'s & C.O.'s GOLF/SOFTBALL WATER/WASTEWATER STAR CENTER ½ CENT REQUIREMENTS 2016 $3,645,912 *$776,725 $816,708 $708,805 $169,076 $6,117,226 2017 $3,479,863 $589,675 $942,600 $711,555 $46,716 $5,770,408 2018 $3,487,288 $595,425 $948,392 $705,900 $36,073 $5,773,077 2019 $3,018,413 $588,600 $948,828 $708,390 $40,572 $5,304,802 2020 $3,039,813 $589,125 $948,822 $708,863 $0 $5,286,622 2021 $2,105,163 $594,125 $678,022 $712,495 $0 $4,089,804 2022 $1,211,313 $591,275 $671,200 $710,020 $0 $3,183,808 2023 $1,212,813 $590,444 $678,663 $706,020 $0 $3,187,939 2024 $1,204,903 $588,738 $670,198 $708,740 $0 $3,172,579 2025 $660,194 $591,072 $530,954 $715,140 $0 $2,497,360 2026 $663,344 $587,419 $528,802 $0 $0 $1,779,564 2027 $665,794 $592,678 $536,097 $0 $0 $1,794,568 2028 $662,288 $0 $532,247 $0 $0 $1,194,534 2029 $663,275 $0 $532,848 $0 $0 $1,196,123 2030 $663,275 $0 $537,852 $0 $0 $1,201,127 2031 $427,550 $0 $536,717 $0 $0 $964,267 2032 $426,150 $0 $540,017 $0 $0 $966,167 2033 $424,450 $0 $537,707 $0 $0 $962,157 2034 $427,450 $0 $409,857 $0 $0 $837,307 2035 $0 $0 $412,599 $0 $0 $412,599 TOTAL $28,089,247 $7,275,300 $12,939,127 $7,095,928 $292,436 $55,692,037 * Corrected from FY16 Preliminary Operating Budget ANNUAL DEBT SERVICE TOTAL G.O. BONDS AND REVENUE BONDS TOTAL ANNUAL DEBT SERVICE REQUIREMENTS SUMMARY OF GENERAL OBLIGATION AND REVENUE BONDS $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 FISCAL YEAR SALES TAX 1/2 CENT GOLF/SOFTBALL STAR CENTER WATER/WASTEWATER GENERAL 146 U.S. BANK, DALLAS, TX 84525 Glade Parks -- #403 YEAR INTEREST PRINCIPAL REQUIREMENTS 2016 $770,912 *$2,875,000 $3,645,912 2017 $689,863 $2,790,000 $3,479,863 2018 $597,288 $2,890,000 $3,487,288 2019 $508,413 $2,510,000 $3,018,413 2020 $419,813 $2,620,000 $3,039,813 2021 $335,163 $1,770,000 $2,105,163 2022 $261,313 $950,000 $1,211,313 2023 $222,813 $990,000 $1,212,813 2024 $184,903 $1,020,000 $1,204,903 2025 $160,194 $500,000 $660,194 2026 $143,344 $520,000 $663,344 2027 $125,794 $540,000 $665,794 2028 $107,288 $555,000 $662,288 2029 $88,275 $575,000 $663,275 2030 $68,275 $595,000 $663,275 2031 $47,550 $380,000 $427,550 2032 $36,150 $390,000 $426,150 2033 $24,450 $400,000 $424,450 2034 $12,450 $415,000 $427,450 TOTAL $4,804,247 $23,285,000 $28,089,247 * Corrected from FY16 Preliminary Annual Operating Budget General Obligation & C.O. Bonds Composition of Debt Service DEBT SERVICE REQUIREMENTS SUMMARY OF GENERAL OBLIGATION BONDS $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 Fiscal Year Interest Principal 147 DATED: ORIGINAL AMOUNT:$6,575,000 PAYING AGENT:U.S. BANK, DALLAS, TX N/A PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS 2016 3.000%$83,825 *$83,825 $700,000 $867,650 2017 3.500%$73,325 $73,325 $730,000 $876,650 2018 3.500%$60,550 $60,550 $760,000 $881,100 2019 3.500%$47,250 $47,250 $780,000 $874,500 2020 4.000%$33,600 $33,600 $820,000 $887,200 2021 4.000%$17,200 $17,200 $860,000 $894,400 TOTAL $315,750 $315,750 $4,650,000 $5,281,500 * Corrected from FY16 Preliminary Annual Operating Budget OPTION DATE: INTEREST Proceeds from the sale of the Bonds were used to (i) refund a portion of the City's outstanding debt in order to lower the overall debt service requirements of the City and (ii)to pay the costs associated with the issuance of the bonds. These Bonds are direct obligations of the City payable from an annual ad valorem tax levied on all taxable property within the City, within the limits prescribed by law. CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION:GENERAL OBLIGATION REFUNDING BONDS,SERIES 2011 INTEREST RATES:BOND YEARS 2013-2014 @ 2.000%, 2015-2016 @ 3.000%, 2017-2019 @ 3.500%, 2020-2021 @ 4.000% January 15, 2011 148 DATED:January 15, 2011 ORIGINAL AMOUNT: $180,130 PAYING AGENT: U.S. BANK, DALLAS, TX August 15, 2021 PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS 2016 3.000% $3,100 $3,100 $10,000 $16,200 2017 3.000% $2,950 $2,950 $10,000 $15,900 2018 3.000% $2,800 $2,800 $10,000 $15,600 2019 4.000% $2,650 $2,650 $10,000 $15,300 2020 4.000% $2,450 $2,450 $10,000 $14,900 2021 4.000% $2,250 $2,250 $10,000 $14,500 2022 4.000% $2,050 $2,050 $10,000 $14,100 2023 4.000% $1,850 $1,850 $10,000 $13,700 2024 4.000% $1,650 $1,650 $10,000 $13,300 2025 4.000% $1,450 $1,450 $10,000 $12,900 2026 4.000% $1,250 $1,250 $10,000 $12,500 2027 4.125% $1,050 $1,050 $10,000 $12,100 2028 4.125% $844 $844 $10,000 $11,688 2029 4.250% $638 $638 $15,000 $16,275 2030 4.250% $319 $319 $15,000 $15,638 TOTAL $27,300 $27,300 $160,000 $214,600 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 (ASH LANE) INTEREST RATES:BOND YEARS 2011-2018 @ 3.000%, 2019-2026 @ 4.000%, 2027-2028 @ 4.125%, 2029-2030 @ 4.250% 149 DATED:January 15, 2011 ORIGINAL AMOUNT: $2,854,870 PAYING AGENT: U.S. BANK, DALLAS, TX August 15, 2021 PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS 2016 3.000% $48,622 $48,622 $125,000 $222,244 2017 3.000% $46,747 $46,747 $130,000 $223,494 2018 3.000% $44,797 $44,797 $135,000 $224,594 2019 4.000% $42,772 $42,772 $140,000 $225,544 2020 4.000% $39,972 $39,972 $145,000 $224,944 2021 4.000% $37,072 $37,072 $150,000 $224,144 2022 4.000% $34,072 $34,072 $155,000 $223,144 2023 4.000% $30,972 $30,972 $165,000 $226,944 2024 4.000% $27,672 $27,672 $170,000 $225,344 2025 4.000% $24,272 $24,272 $175,000 $223,544 2026 4.000% $20,772 $20,772 $185,000 $226,544 2027 4.125% $17,072 $17,072 $195,000 $229,144 2028 4.125% $13,050 $13,050 $200,000 $226,100 2029 4.250% $8,925 $8,925 $205,000 $222,850 2030 4.250% $4,569 $4,569 $215,000 $224,138 TOTAL $441,356 $441,356 $2,490,000 $3,372,713 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 150 DATED:December 1, 2011 ORIGINAL AMOUNT:$5,955,000 PAYING AGENT:U.S. BANK, DALLAS, TX PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS 2016 2.000%$69,159 *$65,009 $415,000 $549,168 2017 3.000%$65,009 $58,634 $425,000 $548,644 2018 3.000%$58,634 $52,109 $435,000 $545,744 2019 3.000%$52,109 $45,359 $450,000 $547,469 2020 4.000%$45,359 $35,959 $470,000 $551,319 2021 4.000%$35,959 $26,259 $485,000 $547,219 2022 4.000%$26,259 $16,159 $505,000 $547,419 2023 3.000%$16,159 $8,359 $520,000 $544,519 2024 3.125%$8,359 $0 $535,000 $543,359 TOTAL $377,009 $307,850 $4,240,000 $4,924,859 * Corrected from FY16 Preliminary Annual Operating Budget OPTION DATE: INTEREST Proceeds from the sale of the Bonds were used to (i) refund a portion of the City's outstanding debt in order to lower the overall debt service requirements of the City and (ii)to pay the costs associated with the issuance of the bonds.These Bonds are direct obligations of the City payable from an annual ad valorem tax levied on all taxable property within the City, within the limits prescribed by law. CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION:GENERAL OBLIGATION REFUNDING BONDS,SERIES 2012 INTEREST RATES:BOND YEARS 2012-2016 @ 2.000%, 2017-2019 @ 3.000%, 2020-2022 @ 4.000%, 2023 @ 3.000% and 2024 @ 3.125% February 15, 2021 151 DATED: ORIGINAL AMOUNT: $1,285,000 PAYING AGENT: U.S. BANK, DALLAS, TX N/A PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS 2016 4.000% $7,900 * $0 $395,000 $402,900 TOTAL $7,900 $0 $395,000 $402,900 * Corrected from FY16 Preliminary Annual Operating Budget 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. These Bonds are direct obligations of the City payable from a continuing ad valorem tax levied on all taxable property within the City, within the limits prescribed by law. CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION: INTEREST GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012A OPTION DATE: INTEREST RATES: BOND YEARS 2013-2014 @ 2.00%, 2015-2016 @ 4.000% November 1, 2012 152 DATED: ORIGINAL AMOUNT: $5,685,000 PAYING AGENT: U.S. BANK, DALLAS, TX OPTION DATE: N/A PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS 2016 3.000% $84,525 $66,075 $1,230,000 $1,380,600 2017 3.000% $66,075 $46,950 $1,275,000 $1,388,025 2018 3.000% $46,950 $27,150 $1,320,000 $1,394,100 2019 3.000% $27,150 $13,800 $890,000 $930,950 2020 3.000% $13,800 $0 $920,000 $933,800 TOTAL $238,500 $153,975 $5,635,000 $6,027,475 INTEREST Proceeds from the sale of the Bonds will be used to (i) refund a portion of the City's currently refundable outstanding debt (the "Refunded Obligations"), in order to lower the overall debt service requirements of the City and (ii) payment of costs associated with the issuance of the Bonds (see "Plan of Financing - Refunded Obligations" for more detail and Schedule I for a detailed description of the Refunded Obligations). These Bonds are direct obligations of the City payable from a continuing ad valorem tax levied on all taxable property within the City, within the limits prescribed by law. CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION:GENERAL OBLIGATION REFUNDING BONDS, SERIES 2014 INTEREST RATES: BOND YEARS 2016-2020 @ 3.00% October 15, 2014 153 DATED:October 15, 2014 ORIGINAL AMOUNT: $5,715,000 PAYING AGENT: U.S. BANK, DALLAS, TX August 15, 2024 PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 AUGUST 15 REQUIREMENTS 2016 0.000% $103,575 $103,575 $0 $207,150 2017 5.000% $103,575 $103,575 $220,000 $427,150 2018 5.000% $98,075 $98,075 $230,000 $426,150 2019 5.000% $92,325 $92,325 $240,000 $424,650 2020 5.000% $86,325 $86,325 $255,000 $427,650 2021 5.000% $79,950 $79,950 $265,000 $424,900 2022 5.000% $73,325 $73,325 $280,000 $426,650 2023 5.000% $66,325 $66,325 $295,000 $427,650 2024 3.000% $58,950 $58,950 $305,000 $422,900 2025 3.000% $54,375 $54,375 $315,000 $423,750 2026 3.000% $49,650 $49,650 $325,000 $424,300 2027 3.000% $44,775 $44,775 $335,000 $424,550 2028 3.000% $39,750 $39,750 $345,000 $424,500 2029 3.000% $34,575 $34,575 $355,000 $424,150 2030 3.000% $29,250 $29,250 $365,000 $423,500 2031 3.000% $23,775 $23,775 $380,000 $427,550 2032 3.000% $18,075 $18,075 $390,000 $426,150 2033 3.000% $12,225 $12,225 $400,000 $424,450 2034 3.000% $6,225 $6,225 $415,000 $427,450 TOTAL $1,075,100 $1,075,100 $5,715,000 $7,865,200 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% 154 YEAR INTEREST PRINCIPAL REQUIREMENTS 2016 $218,805 $490,000 $708,805 2017 $206,555 $505,000 $711,555 2018 $190,900 $515,000 $705,900 2019 $173,390 $535,000 $708,390 2020 $153,863 $555,000 $708,863 2021 $132,495 $580,000 $712,495 2022 $110,020 $600,000 $710,020 2023 $86,020 $620,000 $706,020 2024 $58,740 $650,000 $708,740 2025 $30,140 $685,000 $715,140 TOTAL $1,360,928 $5,735,000 $7,095,928 Taxable G.O.'s (Self Supporting) Composition of Debt Service DEBT SERVICE REQUIREMENTS SUMMARY OF TAXABLE BONDS $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 2016 2018 2020 2022 2024 Fiscal Year Interest Principal 155 DATED:AUGUST 15, 2010 ORIGINAL AMOUNT: $8,110,000 PAYING AGENT: US BANK August 1, 2021 PRINCIPAL TOTAL YEAR COUPON FEBRUARY 1 AUGUST 1 AUGUST 1 REQUIREMENTS 2016 2.500% $109,403 $109,403 $490,000 $708,805 2017 3.100% $103,278 $103,278 $505,000 $711,555 2018 3.400% $95,450 $95,450 $515,000 $705,900 2019 3.650% $86,695 $86,695 $535,000 $708,390 2020 3.850% $76,931 $76,931 $555,000 $708,863 2021 3.875% $66,248 $66,248 $580,000 $712,495 2022 4.000% $55,010 $55,010 $600,000 $710,020 2023 4.400% $43,010 $43,010 $620,000 $706,020 2024 4.400% $29,370 $29,370 $650,000 $708,740 2025 4.400% $15,070 $15,070 $685,000 $715,140 TOTAL $680,464 $680,464 $5,735,000 $7,095,928 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 156 YEAR INTEREST PRINCIPAL REQUIREMENTS 2016 $151,725 $625,000 $776,725 2017 $134,675 $455,000 $589,675 2018 $125,425 $470,000 $595,425 2019 $113,600 $475,000 $588,600 2020 $99,125 $490,000 $589,125 2021 $84,125 $510,000 $594,125 2022 $71,275 $520,000 $591,275 2023 $60,444 $530,000 $590,444 2024 $48,738 $540,000 $588,738 2025 $36,072 $555,000 $591,072 2026 $22,419 $565,000 $587,419 2027 $7,678 $585,000 $592,678 TOTAL $955,300 $6,320,000 $7,275,300 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/Softball G.O. Refunding Bonds Composition of Debt Service DEBT SERVICE REQUIREMENTS SUMMARY OF GOLF / SOFTBALL G.O. REFUNDING BONDS $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 2016 2018 2020 2022 2024 2026 Fiscal Year PRINCIPAL INTEREST 157 DATED:November 1, 2012 ORIGINAL AMOUNT: $7,185,000 PAYING AGENT: U.S. BANK, ST PAUL, MN FEBRUARY 15, 2022 PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS 2016 4.000% $78,913 $69,613 $465,000 $613,525 2017 2.000% $69,613 $65,063 $455,000 $589,675 2018 2.000% $65,063 $60,363 $470,000 $595,425 2019 3.000% $60,363 $53,238 $475,000 $588,600 2020 3.000% $53,238 $45,888 $490,000 $589,125 2021 3.000% $45,888 $38,238 $510,000 $594,125 2022 2.000% $38,238 $33,038 $520,000 $591,275 2023 2.125% $33,038 $27,406 $530,000 $590,444 2024 2.250% $27,406 $21,331 $540,000 $588,738 2025 2.375% $21,331 $14,741 $555,000 $591,072 2026 2.500% $14,741 $7,678 $565,000 $587,419 2027 2.625% $7,678 $0 $585,000 $592,678 TOTAL $515,506 $436,594 $6,160,000 $7,112,100 AVERAGE ANNUAL DEBT OUTSTANDING $592,675 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 158 DATED:November 1, 2012 ORIGINAL AMOUNT: $460,000 PAYING AGENT: U.S. BANK, ST PAUL, MN N/A PRINCIPAL TOTAL YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS 2016 4.000% $3,200 $0 $160,000 $163,200 TOTAL $3,200 $0 $160,000 $163,200 AVERAGE ANNUAL DEBT OUTSTANDING $163,200 CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION: GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012A-SOFTBALL 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 159 YEAR INTEREST PRINCIPAL REQUIREMENTS 2016 $181,708 $635,000 $816,708 2017 $177,600 $765,000 $942,600 2018 $168,392 $780,000 $948,392 2019 $158,828 $790,000 $948,828 2020 $148,822 $800,000 $948,822 2021 $138,022 $540,000 $678,022 2022 $131,200 $540,000 $671,200 2023 $123,663 $555,000 $678,663 2024 $115,198 $555,000 $670,198 2025 $105,954 $425,000 $530,954 2026 $98,802 $430,000 $528,802 2027 $91,097 $445,000 $536,097 2028 $82,247 $450,000 $532,247 2029 $72,848 $460,000 $532,848 2030 $62,852 $475,000 $537,852 2031 $51,717 $485,000 $536,717 2032 $40,017 $500,000 $540,017 2033 $27,707 $510,000 $537,707 2034 $14,857 $395,000 $409,857 2035 $7,599 $405,000 $412,599 TOTAL $1,999,127 $10,940,000 $12,939,127 AVERAGE ANNUAL PRINCIPAL AND INTEREST OUTSTANDING $646,956 DEBT SERVICE REQUIREMENTS SUMMARY OF WATER AND WASTEWATER SYSTEM REVENUE BONDS Water & Wastewater Revenue Bonds 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 2016 2018 2020 2022 2024 2026 2028 2030 2032 Fiscal Year PRINCIPAL INTEREST 160 DESCRIPTION: DATED: March 29, 2012 ORIGINAL AMOUNT: $3,340,000 PAYING AGENT: BANK OF TEXAS OPTION DATE: N/A PRINCIPAL TOTAL YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS 2016 2.030% $24,462 $24,462 $355,000 $403,924 2017 2.030% $20,858 $20,858 $365,000 $406,716 2018 2.030% $17,154 $17,154 $375,000 $409,308 2019 2.030% $13,347 $13,347 $385,000 $411,694 2020 2.030% $9,440 $9,440 $395,000 $413,880 2021 2.030% $5,430 $5,430 $130,000 $140,860 2022 2.030% $4,111 $4,111 $130,000 $138,222 2023 2.030% $2,791 $2,791 $140,000 $145,582 2024 2.030% $1,370 $1,370 $135,000 $137,740 TOTAL $98,963 $98,963 $2,410,000 $2,607,926 INTEREST Proceeds from the sale of the Bonds were used to (i) advance refund a portion of the City's outstanding Water and Wastewater System debt in order to lower the overall debt service requirements of the Water and Sewer fund and (ii) to pay the costs associated with the issuance of the Bonds. The Bonds are special obligations of the City, payable, both as to principal and interest, solely and secured by a first lien on and pledge of the Net Revenues of the City's Waterworks and Sewer System, as provided in the Ordinance. The City has not covenanted nor obligated itself to pay the Bonds from monies raised or to be raised from taxation. CITY OF EULESS DEBT SERVICE REQUIREMENTS WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES 2012 INTEREST RATES: BOND YEAR 2012-2024 @ 2.030% 161 DESCRIPTION: DATED: June 25, 2013 ORIGINAL AMOUNT: $1,585,000 PAYING AGENT: U S BANK OPTION DATE: July 25, 2023 PRINCIPAL TOTAL YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS 2016 2.000% $29,847 $29,847 $60,000 $119,694 2017 3.000% $29,247 $29,247 $60,000 $118,494 2018 3.000% $28,347 $28,347 $65,000 $121,694 2019 3.000% $27,372 $27,372 $65,000 $119,744 2020 3.000% $26,397 $26,397 $65,000 $117,794 2021 3.625% $25,422 $25,422 $70,000 $120,844 2022 3.625% $24,153 $24,153 $70,000 $118,306 2023 3.625% $22,884 $22,884 $75,000 $120,769 2024 4.000% $21,525 $21,525 $75,000 $118,050 2025 4.000% $20,025 $20,025 $80,000 $120,050 2026 4.000% $18,425 $18,425 $80,000 $116,850 2027 4.500% $16,825 $16,825 $85,000 $118,650 2028 4.500% $14,913 $14,913 $90,000 $119,825 2029 4.500% $12,888 $12,888 $95,000 $120,775 2030 5.000% $10,750 $10,750 $100,000 $121,500 2031 5.000% $8,250 $8,250 $105,000 $121,500 2032 5.000% $5,625 $5,625 $110,000 $121,250 2033 5.000% $2,875 $2,875 $115,000 $120,750 TOTAL $345,769 $345,769 $1,465,000 $2,156,538 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 162 DESCRIPTION: DATED: June 15, 2015 ORIGINAL AMOUNT:$4,685,000 PAYING AGENT:Texas Water Development Board OPTION DATE:N/A PRINCIPAL TOTAL YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS 2016 0.000% $24,308 $27,346 $220,000 $271,654 2017 0.000% $27,346 $27,346 $220,000 $274,693 2018 0.000% $27,346 $27,346 $220,000 $274,693 2019 0.110% $27,346 $27,346 $220,000 $274,693 2020 0.350% $27,225 $27,225 $220,000 $274,451 2021 0.590% $26,840 $26,840 $220,000 $273,681 2022 0.800% $26,191 $26,191 $220,000 $272,383 2023 0.960% $25,311 $25,311 $220,000 $270,623 2024 1.120% $24,255 $24,255 $225,000 $273,511 2025 1.250% $22,995 $22,995 $225,000 $270,991 2026 1.390% $21,589 $21,589 $230,000 $273,178 2027 1.500% $19,991 $19,991 $235,000 $274,981 2028 1.590% $18,228 $18,228 $235,000 $271,456 2029 1.670% $16,360 $16,360 $240,000 $272,720 2030 1.740% $14,356 $14,356 $245,000 $273,712 2031 1.800% $12,224 $12,224 $250,000 $274,449 2032 1.850% $9,974 $9,974 $255,000 $274,949 2033 1.900% $7,616 $7,616 $260,000 $275,231 2034 1.940% $5,146 $5,146 $260,000 $270,291 2035 1.980% $2,624 $2,624 $265,000 $270,247 TOTAL $387,271 $390,310 $4,685,000 $5,462,581 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 163 DESCRIPTION: DATED: June 15, 2015 ORIGINAL AMOUNT: $2,380,000 PAYING AGENT: Texas Water Development Board OPTION DATE: N/A PRINCIPAL TOTAL YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS 2016 0.000% $10,088 $11,349 $0 $21,437 2017 0.000% $11,349 $11,349 $120,000 $142,698 2018 0.000% $11,349 $11,349 $120,000 $142,698 2019 0.000% $11,349 $11,349 $120,000 $142,698 2020 0.050% $11,349 $11,349 $120,000 $142,698 2021 0.290% $11,319 $11,319 $120,000 $142,638 2022 0.500% $11,145 $11,145 $120,000 $142,290 2023 0.660% $10,845 $10,845 $120,000 $141,690 2024 0.820% $10,449 $10,449 $120,000 $140,898 2025 0.950% $9,957 $9,957 $120,000 $139,914 2026 1.090% $9,387 $9,387 $120,000 $138,774 2027 1.200% $8,733 $8,733 $125,000 $142,466 2028 1.290% $7,983 $7,983 $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 $165,411 $166,672 $2,380,000 $2,712,083 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 164 TOTAL YEAR INTEREST PRINCIPAL REQUIREMENTS 2016 $4,076 $165,000 $169,076 2017 $1,716 $45,000 $46,716 2018 $1,073 $35,000 $36,073 2019 $572 $40,000 $40,572 TOTAL $7,436 $285,000 $292,436 MAXIMUM ANNUAL DEBT SERVICE (RESERVE)$169,076 AVERAGE ANNUAL DEBT OUTSTANDING $73,109 Sales Tax Revenue Bond Composition of Debt Service SUMMARY OF SALES TAX REVENUE BONDS DEBT SERVICE REQUIREMENTS $0 $200,000 2016 2017 2018 2019 Fiscal Year PRINCIPAL INTEREST 165 DATED:JANUARY 12, 2012 ORIGINAL AMOUNT: $3,785,000 PAYING AGENT: BANK OF TEXAS OPTION DATE:N/A PRINCIPAL TOTAL YEAR COUPON MARCH 15 SEPTEMBER 15 SEPTEMBER 15 REQUIREMENTS 2016 1.43% $2,038 $2,038 $165,000 $169,076 2017 1.43% $858 $858 $45,000 $46,716 2018 1.43% $536 $536 $35,000 $36,073 2019 1.43% $286 $286 $40,000 $40,572 TOTAL $3,718 $3,718 $285,000 $292,436 INTEREST Proceeds from the sale of the Bonds were used to refund the Corporation's Sales Tax Revenue Refunding Bonds, Series 2002 and Corporation's Sales Tax Revenue Refunding Bonds, Series 2006, to lower interest costs on such indebtedness, and to pay the costs of issuance associated with the bonds. The Bonds are special obligations of the Corporation, payable from and secured by a lien on and pledge of certain pledged revenues which include the proceeds of a half of one percent sales and use tax levied within the City of Euless for the sole benefit of the Corporation. CITY OF EULESS DEBT SERVICE REQUIREMENTS DESCRIPTION:EULESS DEVELOPMENT CORPORATION, SALES TAX REVENUE REFUNDING BONDS, SERIES 2012 INTEREST RATE: 1.43% 166 Appendix 167 Appendix A Human Resources 168 PERSONNEL COUNTS BY FUND FULL-TIME EMPLOYEES FY14 ACTUAL FY15 BUDGETED FY15 ESTIMATED FY16 FUNDED 263.25 265.25 263.75 266.25 21.25 23.25 23.25 23.25 41.50 42.50 42.00 42.50 10.75 11.75 11.75 11.75 JUVENILE CASE FUND 1.25 1.25 1.25 1.25 17.00 18.00 18.00 18.00 PUBLIC SAFETY SPECIAL FUND 3.00 3.00 3.00 2.00 5.00 5.00 5.00 5.00 7.00 7.00 7.00 7.00 0.00 0.00 0.00 0.00 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 373.00 380.00 378.00 380.00 PART-TIME EMPLOYEES 45.00 47.00 47.00 50.00 17.00 17.00 17.00 17.00 3.00 2.00 2.00 2.00 57.00 57.00 57.00 57.00 HOTEL/MOTEL FUND 0.00 0.00 0.00 0.00 JUVENILE CASE FUND 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PUBLIC SAFETY SPECIAL REVENUE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00 3.00 3.00 3.00 26.00 26.00 26.00 26.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 151.00 152.00 152.00 155.00 TEXAS STAR SPORTS COMPLEX HEALTH INSURANCE FUND WC/RISK MANAGEMENT FUND SPECIAL RECREATION FUND WATER & WW FUND GOLF COURSE FUND WC/RISK MANAGEMENT FUND GENERAL FUND EDC FUND DRAINAGE UTILITY SPECIAL RECREATION FUND HEALTH INSURANCE FUND TEXAS STAR SPORTS COMPLEX CRIME CONTROL DISTRICT SERVICE CENTER FUND CRIME CONTROL DISTRICT DRAINAGE UTILITY GENERAL FUND WATER & WW FUND GOLF COURSE FUND EDC FUND* SERVICE CENTER FUND *FY15 Budget amended to reflect the approved addition of partial year funding for a Special Events Coordinator approved by EDC Board and City Council. 169 Personnel Counts by Division FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED CITY MANAGERS OFFICE 3.50 3.50 3.50 3.50 CITY SECRETARY 3.50 3.50 3.50 3.50 INFORMATION SERVICES 1.00 1.00 1.00 1.00 FACILITY MAINTENANCE 3.00 3.00 3.00 3.00 LIBRARY 9.00 9.00 9.00 9.00 Total City Administration 20.00 20.00 20.00 20.00 FINANCE/BUDGET 2.00 2.00 2.00 2.00 COURTS 7.75 7.75 7.75 7.75 ACCOUNTING 2.50 3.50 2.50 3.50 PERSONNEL 3.50 3.50 3.50 3.50 PURCHASING 1.00 1.00 1.00 1.00 Total Finance/HR Department 16.75 17.75 16.75 17.75 PD CODE 14.00 14.75 14.75 1 15.00 PD ADMINISTRATION 4.00 5.75 5.75 1 6.00 PD PATROL 42.00 41.00 41.00 1 42.00 PD INVESTIGATION 15.00 13.50 13.50 1 13.00 PD SERVICE 22.00 22.00 22.00 22.00 PD DETENTION 18.00 18.00 18.00 18.00 Total Police Department 115.00 115.00 115.00 116.00 FIRE MARSHALL 4.00 4.00 4.00 4.00 FD ADMINISTRATION 4.00 4.00 4.00 4.00 FD PARAMEDIC 64.00 64.00 64.00 64.00 Total Fire Department 72.00 72.00 72.00 72.00 PLANNING 2.50 2.50 2.50 2.50 INSPECTIONS SERVICES 4.00 4.00 4.00 4.00 ENVIRONMENTAL HEALTH 0.00 0.00 0.00 0.00 Total Planning & Development 6.50 6.50 6.50 6.50 RECREATION 6.50 6.50 6.50 6.50 PARKS 12.00 11.00 11.00 11.00 SENIOR CENTER 2.00 2.00 2.00 2.00 PROGRAMS & SPECIAL EVENTS 0.00 0.00 0.00 0.00 RECREATION ADMINISTRATION 1.00 1.00 1.00 1.00 Total Community Services 21.50 20.50 20.50 20.50 STREET MAINTENANCE 8.00 9.50 9.50 9.50 ANIMAL CONTROL 3.00 3.00 3.00 3.00 CITY ENGINEER 0.50 0.50 0.50 0.50 Total Public Works 11.50 13.00 13.00 13.00 GF NON-DEPARTMENTAL 0.00 0.50 0.00 0.50 Total Non-departmental 0.00 0.50 0.00 0.50 TOTAL GENERAL FUND 263.25 265.25 263.75 266.25 170 Personnel Counts by Division FY 13/14 FY 14/15 FY 14/15 FY 15/16 ACTUAL BUDGETED ESTIMATED BUDGETED EDC - PARKS*10.25 12.25 12.25 12.25 EDC - LIBRARY 10.00 10.00 10.00 10.00 EDC - ECO. DEV.1.00 1.00 1.00 1.00 TOTAL EDC FUND 21.25 23.25 23.25 23.25 WATER OFFICE 5.00 5.00 5.00 5.00 Total Finance 5.00 5.00 5.00 5.00 W&S ENGINEERING 2.50 2.50 2.50 2.50 WATER PRODUCTION 5.25 5.75 5.75 5.75 WATER DISTRIBUTION 7.25 7.25 7.25 7.25 SEWAGE & TREATMENT 7.00 7.00 7.00 7.00 METER READING 1.00 1.00 1.00 1.00 Total Public Works 23.00 23.50 23.50 23.50 INFORMATION SERVICES 4.00 4.00 4.00 4.00 W&S NON-DEPT.9.50 10.00 9.50 10.00 Total Non-departmental 13.50 14.00 13.50 14.00 TOTAL W&S FUND 41.50 42.50 42.00 42.50 GOLF NON DEPARTMENTAL 0.75 0.75 0.75 0.75 GOLF COURSE MAINT.4.00 4.00 4.00 4.00 GOLF PRO SHOP 2.00 2.50 2.50 2.50 GOLF FOOD AND BEVERAGE 3.00 3.00 3.00 3.00 GOLF CONFERENCE CENTRE 1.00 1.50 1.50 1.50 TOTAL GOLF COURSE FUND 10.75 11.75 11.75 11.75 JUVENILE CASE FUND 1.25 1.25 1.25 1.25 CRIME CONTROL FUND 17.00 18.00 18.00 18.00 PUBLIC SAFETY SPECIAL FUND 3.00 3.00 3.00 1 2.00 SERVICE CENTER FUND 5.00 5.00 5.00 5.00 DRAINAGE UTILITY FUND 7.00 7.00 7.00 7.00 SPECIAL RECREATION FUND 0.00 0.00 0.00 0.00 TEXAS STAR SPORTS COMPLEX 1.50 1.50 1.50 1.50 HEALTH INSURANCE FUND 1.00 1.00 1.00 1.00 WC/RISK MANAGEMENT FUND 0.50 0.50 0.50 0.50 TOTAL OTHER FUNDS 36.25 37.25 37.25 36.25 TOTAL ALL FUNDS 373.00 380.00 378.00 380.00 FY2016 Budget Changes (from FY2015 Budget) 1) Shifted position based on funding and job function *FY15 Budget amended to reflect the approved addition of partial year funding for a Special Events Coordinator approved by EDC Board and City Council. 171 Appendix B Financial Terminology 172 BASIS OF ACCOUNTING AND BUDGETING 1) The City’s finances shall be accounted for in accordance with generally accepted accounting principles as established by the Governmental Accounting Standards Board (“GASB”). a) City accounts are organized and operated on the basis of funds, or account groups, each of which is considered a separate accounting entity. Fund accounting segregates funds according to their intended purpose and is used to aid management in demonstrating compliance with finance-related legal and contractual provisions. The minimum number of funds maintained is consistent with legal and managerial requirements. Funds are divided into two types: governmental and proprietary fund types. Governmental funds are those through which most governmental functions of the City are financed. Proprietary funds operate in a manner similar to private business enterprise. b) Governmental fund types are those through which most governmental functions of the City are financed and include the General Fund, Special Revenue Funds, Debt Service Funds, and Capital Projects Funds. Governmental funds use the flow of current financial resources measurement focus and the modified accrual basis of accounting. Under the modified accrual basis of accounting revenues are recognized when susceptible to accrual (i.e. when both “measurable and available”). “Measurable” means the amount of the transaction can be determined and “available” means collectible within the current period or soon enough thereafter to pay liabilities of the current period. Substantially all revenues are considered to be susceptible to accrual. Revenues from ad valorem taxes, sales taxes, hotel occupancy taxes, franchise taxes, and short-term motor vehicle taxes, recorded in the governmental funds are susceptible to accrual. License and permits, charges for service, fines and forfeitures, and miscellaneous revenues are recorded as revenues when received because generally they are not measurable until that time. Investment earnings are recorded as earned since they are both measurable and available. Expenditures are recognized when the related fund liability is incurred. However, debt service expenditures as well as expenditures related to compensated absences are recorded only when payment is due. c) The City utilizes encumbrance accounting for governmental fund types, under which purchase orders, contracts, and other commitments for the expenditure of monies are recorded in order to reserve that portion of the applicable appropriations. Encumbrances lapse at fiscal year end. d) Proprietary funds operate in a manner similar to private business and include enterprise funds and internal service funds. The City’s proprietary fund types are accounted for on a flow of economic resources measurement focus and use the accrual basis of accounting. Under the full accrual method, revenues are recorded when earned and expenses are recorded at the time the associated liabilities occur. Net position is presented as Invested in capital assets – net of related debt, Restricted, and Unrestricted. The accounting objectives are determinations of net income, financial position, and cash flow. Proprietary fund operating statements present increases (e.g., revenues) and decreases (e.g., expenses) in net position. 2) The City’s annual budgets shall be prepared and adopted on a basis consistent with generally accepted accounting principles for all governmental and proprietary funds except the capital project funds, which adopt project-length budgets. Using these principles, the revenues and expenditures are budgeted and approved before the beginning of the fiscal year by an ordinance passed by the City Council. Depreciation of capital assets is not recognized in proprietary fund budgets. All annual appropriations lapse at fiscal year end. 3) Under GASB 34, the City will continue utilizing the accounting and budgeting processes as described in paragraphs 1 and 2 of this section for individual fund statements. However, because GASB 34 mandates the flow of economic resources measurement focus and accrual basis of accounting for government-wide reporting, eliminating entries and extensive reconciliation must be performed to present aggregated fund information in the government–wide reporting model. Therefore, individual operating funds will be created with the objective of reducing fund level to government-wide reconciliation as much as possible. When appropriate, individual funds will be examined to determine if it will be appropriate to account for them as proprietary fund types. Also, the City will limit the use of internal service funds and incorporate the financial transactions of these funds into other governmental funds. 173 FUND RELATIONSHIPS Why all these funds? Where is the money being spent? All legitimate questions. This is not a “shell game.” Picture a city as a large corporation with many small subsidiaries – that is how to follow the funds. See below for a more detailed explanation. FUND/PURPOSE RELATIONSHIP TO OTHER FUNDS GENERAL FUND To account for most operating revenues and expenditures of the City, not specifically required to be reported separately. Provides funding for general City operations or traditional City services. Supports all other fund groups. WATER & WASTEWATER FUND (ENTERPRISE FUND) To account for water and sewer system services. Rates are applied to actual usage. Uses no tax dollars for support. Rates are based on consumption. Billing services provided for other funds. CAPITAL PROJECTS FUND To account for financial resources to be used for the acquisition or construction of major facilities or assets. Receives funding from the General Fund, Water & Sewer Fund, Car Rental Fund, and from the proceeds of the sale of debt instruments for capital improvements. DEBT SERVICE FUNDS To account for the accumulation of resources for, and the payment of, general obligation, certificates of obligation, water and sewer, or drainage long-term debt principal and interest. Funds borrowed for general operations. NOTE: Both Water and Sewer, as well as Drainage Enterprise Funds, pay for their own debt and are not G.O. debt. WORKERS COMP/RISK MANAGEMENT To account for liability and casualty claims as well as workers’ compensation programs. Receives funding from all operating departments, on a per employee basis for compensation and pro rata for liability. HOTEL/MOTEL FUND To account for the operations and expenditures for tourism and related programs of the City, primarily advertising and promotion. Funded from hotel/motel occupancy tax revenues. FLEET MAINTENANCE To account for operating costs and revenues of the Service Center this provides fleet maintenance service to all City Departments. Receives funds from water and sewer fund. DRUG FUND To account for revenues and expenditures of the Police Department activities in conjunction with the Fort Worth DEA Task Force and the DFW Airport DEA Task Force. Receives funding through the forfeiture of assets seized from drug traffickers through efforts of the two DEA Task Forces. Revenue is then utilized for law enforcement in our community. INSURANCE & BENEFITS To account for the revenues and expenditures for the City’s health insurance claims for all employees and retirees. Receives funding from all operating departments, on a per employee basis.          174 FUND/PURPOSE RELATIONSHIP TO OTHER FUNDS EQUIPMENT REPLACEMENT To account for the accumulation of funds planned to be used for replacement of vehicles. Allows for level of expenditures for these costly assets. Funding is provided annually by all users planned whereby they pay a lease fee to this fund based on a calculation of depreciable value. Sale of auction equipment is reported here. PROGRAMS & SPECIAL EVENTS To account for operating revenues and expenditures of the City’s recreational program and events. Funded from various athletic and special events, recreation class fees, etc. ARBOR DAZE FUND To account for revenues and expenditures of the City’s annual Arbor Daze festival. Funded from business sponsorships, booth rental, ticket sales, souvenir sales, plant sales, etc. DRAINAGE UTILITY To account for acquisition, operation, and maintenance of the City’s drainage utility system. Uses no tax dollars for support. Funded primarily by user charges. GOLF COURSE FUND To account for revenues for the Texas Star Golf Course and Conference Centre. Revenues generated from green fees, cart rentals, membership dues, pro shop sales, restaurant sales, and conference centre rentals. HALF CENT SALES TAX To account for proceeds of half cent sales tax for economic development, library and parks, per referendum. Funds mandated for economic development, library and parks by half-cent sales tax proceeds. CRIME CONTROL & PREVENTION DISTRICT (CCPD) To account for ¼ cent sales tax for the revenues and expenditures for CCPD. Receives funding from sales tax collections for CCPD. TEXAS STAR SPORTS COMPLEX (TSSC) To account for revenues for Youth and Adult Sports activity at Softball World and the Parks at Texas Star, as well as for bond revenues. Revenues generated from tournaments, recreational league fees, pro shop sales, concessions, and use of facilities. CAR RENTAL TAX To account for proceeds from a 5% tax on the short-term rental of motor vehicles . Revenues received from car rental facilities for the short-term rental of passenger cars, vans, SUV’s and light trucks. Funds used for any governmental purpose. CABLE PEG FEE To account for proceeds from a 1% fee collected from cable channel providers. Revenues received from cable providers for the expansion of the City’s public, education, and governmental access channel. POLICE SEIZED ASSET To account for resources received from asset forfeiture pursuant to court judgement File No. 09-13-640. Revenues received from forfeitures are to be administered in compliance with Chapter 59, Texas Code of Criminal Procedure.            175 Fund StructureGeneralFundHotel/MotelJuvenile CaseEDC ½¢CCPD ¼¢Car RentalPolice DrugPublic SafetyPolice Seized AssetsGlade Park PIDGlade Park TIRZCable PEG FeeSpecialRevenueFundsG.O.Stars CenterEDC ½¢W & WWTSGCTSSCDebtServiceFundsDeveloper's EscrowStreetsEDC ½¢GeneralRedevelopmentPolice FacilityCar RentalTSGCTSSCW & WWW Impact FeesWW Impact FeesDrainageCapitalImprovementProgramsEDC ½¢W & WWW & WWStabilizationTSGCTSSCReserveGovernmentalFundsW & WWService CenterDrainageRecreation ClassesArbor DazeTSGCTSSCEnterpriseFundsInsurance & BenefitsRisk Mgmt. & Workers Comp.Equipment ReplacementInternalServiceFundsProprietaryFundsOperating &Capital FundsW = WaterWW = WastewaterTSGC = Texas Star Golf CourseTSSC = Texas Star Sports ComplexEDC = Economic Development CorporationCCPD = Crime Control and Prevention DistrictPID = Public Improvement DistrictTIRZ = Tax Increment Financing Zone176 GLOSSARY OF TERMS Accounts Payable: A liability account reflecting amount of open accounts owed to private persons or organizations for goods and services received by a government (but not including amounts due to other funds of the same government or to other governments). Accounts Receivable: An asset account reflecting amounts owed to open accounts from private persons or organizations for goods or services furnished by the government. Accrual Accounting: Recognition of the financial effects of transactions, events, and circumstances in the period(s) when they occur regardless of when the cash is received or paid. Activity: A service performed by a department or division. Ad Valorem Tax: All property, real, personal, mixed tangible, intangible, annexations, additions, and improvements to property located within the taxing units jurisdiction which are subject to taxation on January 1 of the current fiscal year. Each year, following the adoption of the budget ordinance, the City Council sets the ad valorem tax rate and the levy for the fiscal year beginning October 1 and continuing through the following September 30. Additional Sales Tax: Euless citizens approved a ¼¢ sales tax addition in FY96 for collection during FY97 to reduce ad valorem tax rates within the City. Amortization: Payment of principal plus interest over a fixed period of time. Appraised Value: The market value of real and personal property located in the City as of January 1 each year, as determined by the Tarrant Appraisal District. Appropriation: An authorization made by the legislative body of a government, which permits officials to incur obligations against and to make expenditures of governmental resources. Specific appropriations are usually made at the fund level and are granted for a one-year period. Appropriation Ordinance: The official enactment by the legislative body establishing the legal authority for officials to obligate and expend resources. Assessed Valuation: A valuation set upon real estate or other property by a government as a basis for levying taxes. Assets: Resources owned or held by the City which has monetary value. Arbitrage: The interest earnings derived from invested bond proceeds or debt service fund balances. Balance Sheet: The basic financial statement, which discloses the assets, liability, and equities of an entity at a specific date in conformity with General Accepted Accounting Principles. Balanced Budget: Annual financial plan in which the operating budget is balanced with current revenues, exclusive of beginning resources, and is greater than or equal to current expenditures / expenses. Baseline: The amount necessary to provide the same level of services as in the prior year. Bond: A written promise to pay a specified sum of money, called the face sum of money, called the principal amount, at a specified date or dates in the future, called the maturity date(s), together with periodic interest at a specified rate. Budget: The City's financial plan for a specific fiscal year that contains an estimate of proposed expenditures and the proposed means of financing them. Budget Calendar: Schedule of key dates which the City follows in the preparation and adoption of the budget. Budget Document: Instrument used by the budget-making authority to present a comprehensive financial plan of operations to the City Council. Budgetary Control: The control or management of the organization in accordance with an approved budget for the purpose of keeping expenditures within the limitations of available appropriations and revenues. Budget Manager: The individual in a specific department who is responsible for compiling budget information, assembling it in the proper format, presenting the information, and administering the department budget during the fiscal year. 177 Capital: Any major non-recurring expenditure or expenditure for facilities, including additions or major alterations, construction of highways or utility lines, fixed equipment, landscaping or similar expenditures. Capital Improvements Program (CIP): Is an important planning tool that is used to link the City’s physical development planning with fiscal planning. CART: Acronym for Child Abduction Response Team which provides an immediate and specialized response to a missing child report where the child is believed to be endangered. Cash Basis: A basis of accounting under which transactions are recognized when cash changes hands. CCPD: Acronym for the Crime Control and Prevention District, which is special district funded by a ¼¢ sales and use tax which is legally restricted to police department operations as approved by the Crime Control and Prevention Board. CDBG: Acronym for the Community Development Block Grant, federal funds made available to municipalities specifically for community revitalization. Administered by Tarrant County. Certificates of Obligations (CO’s): Similar to general obligation bonds except certificates require no voter approval. City Charter: The document of a home rule City similar to a constitution, which establishes the City’s government structure and provides for the distribution of powers and duties among the various branches of government. City Council: The Mayor and six council members collectively acting as the legislative and policymaking body of the City. Contingency: A budgetary reserve set aside for emergencies or unforeseen expenditures not otherwise budgeted. Contractual Services: The costs related to services performed for the City by individuals, businesses, or utilities. Cost: The amount of money or other consideration exchanged for property or services. Cost may be incurred before money is paid; that is, as soon as liability is incurred. CPR: Acronym for Community Powered Revitalization Program with the mission of helping people and homes in need. Current Assets: Those assets which are available or can be made readily available to finance current operations or to pay current liabilities. Those assets which will be used up or converted into cash within one year. Some examples are cash, temporary investments, and accounts receivable collected within one year. Current Liabilities: Debt or other legal obligation arising out of transactions in the past which must be liquidated, renewed, or refunded within one year. Debt Service Fund: A fund used to account for the moneys set aside for the payment of interest and principal to holders of the City's general obligation and revenue bonds, the sale of which finances long-term capital improvements, such as facilities, streets and drainage, parks and water/wastewater systems. Delinquent taxes: Taxes remaining unpaid on or after the date on which a penalty or nonpayment is attached. Department: A functional unit of the City containing one or more divisions or activities. Depreciation: Change in the value of assets (equipment, buildings, etc. with a useful life of 5 years or more) due to the use of the asset. D/FW: Acronym for the Dallas and Fort Worth. EDC: Acronym for the Euless Development Corporation, a component unit of the City. This Corporation is funded by a ½¢ sales and use tax that is legally restricted to library, parks, and economic development projects, and the debt associated with each. Effective Tax Rate: A rate which generates the same amount of revenues from property which is taxed in both years. 178 Encumbrances: Obligations in the form of purchase orders, contracts or salary commitments which are chargeable to an appropriation and for which a part of the appropriation is reserved. When paid, the encumbrance is liquidated. Enterprise Fund: A fund established to account for operations that are financed and operated in a manner similar to private business enterprises - where the intent of the governing body is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges. Excess Fund Balance: The excess of a fund’s current assets over its current liabilities and required reserve limits. Exempt: Personnel not eligible to receive overtime pay and who are expected to work whatever hours are necessary to complete their job assignments. Expenditures: The cost of goods received or services rendered whether cash payments have been made or encumbered. Fiscal Year: A 12-month period to which the annual operating budget applies and at the end of which a government determines its financial position and the result of its operations. The City of Euless’ fiscal year begins each October 1st and ends the following September 30th. Fixed Assets: Assets of a long-term character, which are intended to continue to be held or used, such as land, buildings, and improvements other than buildings, machinery, and equipment. Franchise: A special privilege granted by the government permitting the continuing use of public property, such as City streets, and usually involving the elements of monopoly and regulation. FTE: Acronym for full time equivalent, a measurement of staffing. One FTE is a 40 hours per week employee. A part-time position working 20 hours per week, or a temporary full- time position working six months would be ½ FTE. Fund: A fiscal and accounting entity with a self- balancing set of accounts recording cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations. Fund Accounting: A governmental accounting system that is organized and operated on a fund basis. Fund Balance: The excess of a fund's current assets over its current liabilities, sometimes called working capital or fund equity. A negative fund balance is often referred to as a deficit. GAAP: Acronym for Generally Accepted Accounting Principles, which is the standard framework of guidelines for financial accounting. It includes the standards, conventions, and rules accountants follow in recording and summarizing transactions and in the preparation of financial statements. GASB: Acronym for Government Accounting Standards Board, an independent, non-profit agency responsible for the promulgation of accounting and financial reporting procedures for governmental entities. GC ISD: Acronym for the Grapevine Colleyville Independent School District, the local independent school district, with board members elected to provide administration for schools in the cities of Grapevine, Colleyville, and Euless. The school district has a separate tax office which assesses and collects taxes for operation of the elementary and secondary schools. Note: Some Euless residents in the southern part of Euless attend school in the HEB ISD. General Fund: The fund used to account for all financial resources except those required to be accounted for in another fund. The General Fund is generally tax supported. General Obligation Bonds: Bonds for the payment of which the full faith and credit of the issuing government are pledged. The bonds are paid by revenue provided from real property which is assessed through the taxation power of the local governmental unit. Bonds must have voter approval. 179 GFOA: Acronym for Government Finance Officers Association whose mission is to enhance and promote the professional management of governments for the public benefit by identifying and developing financial policies and best practices and promoting their use through education, training, facilitation of member networking, and leadership. Governmental Funds: The funds through which most governmental functions typically are financed. The acquisition, use, and financial resources and the related current liabilities are accounted for through governmental funds (General, Special Revenue, Capital Projects, and Debt Service Funds). Grant-Funded Program: Any program requiring any amount of State and/or Federal funds. Goal: The purpose toward which an endeavor is directed; and objective. H-E-B ISD: Acronym for the Hurst-Euless- Bedford Independent School District, the local independent school district, with board members elected to provide administration for schools in the cities of Hurst, Euless and Bedford. The school district has a separate tax office which assesses and collects taxes for operation of the elementary and secondary schools. Note: Some Euless residents in the northern part of Euless attend school in the Grapevine- Colleyville Independent School District due to the close proximity of their homes to those schools. Homestead Exemption: A deduction from the total taxable assessed value of owner occupied property. The exemption in Euless is 20% with an additional $35,000 for disabled and senior citizens. Infrastructure: The underlying permanent foundation or basic framework. Internal Service Fund: A fund used to account for the financing of goods or services provided by one City department or cost center to other departments, on a cost-reimbursement basis. Investments: Securities and real estate held for the production of revenues in the form of interest, dividends, rentals, or lease payments. The term does not include fixed assets used in governmental operations. ISO: Acronym for Insurance Service Organization. ISO is a New York-based advisory organization that serves the property and casualty insurance industry by providing inspection services, insurance coverage form development and statistical services. IVR: Acronym for Interactive Voice Response which allows customers to interact with a company’s call center systems via a telephone keypad or by speech recognition, after which they can service their own inquiries by following the IVR dialogue. Levy: To impose taxes, special assessments, or service charges for the support of city services. Maintenance: The upkeep of physical properties in condition for use or occupancy. Examples are the inspection of equipment to detect defects and the making of repairs. Mission: An inner calling to pursue an activity or perform a service. Modified Accrual Accounting: Accounting system in which revenues are recognized and recorded in the accounts when they are measurable, available, and collectible in the fiscal year. Non-departmental: Department to budget expenses that benefit the fund as a whole rather than a particular department within the fund. Non-exempt: Personnel eligible to receive overtime pay when overtime work has been authorized or requested by the supervisor. Objective: Something worked toward or striven for; a goal. Operating Budget: Plan for current expenditures and the proposed means of financing them. The annual operating budget is the primary means by which most of the financing, acquisition, spending, and service delivery activities of the City are controlled. The use of annual operating budgets is required by State law. 180 Operating Expenditure: Expenditure on an existing item of property or equipment that is not a capital expenditure. Ordinance: A formal legislative enactment by the governing body of the municipality. If it is not in conflict with any higher form of law, such as state statute or constitutional provision, it has the full force and effect of law within the boundaries of the municipality to which it apples. The difference between an ordinance and a resolution is that the latter requires less legal formality and has lower legal status. Revenue raising measures such as the imposition of taxes, special assessments and service charges, usually require ordinances. P-Cards: Acronym for procurement card. A City-issued credit card which allows employees to make small purchases in a cost effective manner. Performance Measures: Specific quantitative measures of work performed within an activity or program. They may also measure results obtained through an activity or program. Personal Services: The costs associated with compensating employees for their labor. Proprietary Funds: Operation that operates like a private operation, in which services are financed through user charges and expenditures include the full cost of operations. Public Hearing: The portions of open meetings held to present evidence and provide information on both sides of an issue. PID: Acronym for Public Improvement District which offer cities and counties a means for improving their infrastructure to promote economic growth in an area by allowing cities and counties to levy and collect special assessments on properties that are within the city or its extraterritorial jurisdiction. Purchase Order (PO): A document authorizing the delivery of specified merchandise or the rendering of certain services. PVC: Acronym for polyvinyl chloride, a plastic compound used for water and sewer pipes. Reimbursement: Repayment to a specific fund for expenditures incurred or services performed by that fund to or for the benefit of another fund. Reserve: An account used to indicate that a portion of fund resources is restricted for a specific purpose, or is not available for appropriation and subsequent spending. Revenues: All amounts of money received by a government from external sources other than expense refunds, capital contributions, and residual equity transfers. ROW: Acronym for right-of-way. Sales Tax: A general “sales tax” is levied on persons and businesses selling merchandise or services in the City limits on a retail basis. The categories for taxation are defined by state law. Monies collected under authorization of this tax are for the use and benefit of the City. Special Assessment: A compulsory levy made against certain properties to defray part or all of the cost of a specific improvement or service deemed to primarily benefit those properties. Special Revenue Fund: A fund used to account for the proceeds of specific revenue sources that are legally restricted to expenditure for specified purposes. STEP: Acronym for Selective Traffic Enforcement Program whose goal is to reduce the number of crashes caused by excessive speed, disregard of traffic control devices, and alcohol. Supplemental Request: A request to budget an activity at a level above current service levels in order to achieve increased or additional objectives. These expenditures are ongoing in nature. Supplies: A cost category for minor items (individually priced at less than $5,000) required by departments to conduct their operations. TAD: Acronym for Tarrant Appraisal District who is responsible for local property tax appraisal and exemption administration for seventy jurisdictions or taxing units in the county. 181 Tax Rate: A percentage applied to all taxable property to raise general revenues. It is derived by dividing the total tax levy by the taxable net property valuation. Tax Roll: The official list showing the amount of taxes levied against each taxpayer or property in the City. The list is provided to the City by Tarrant Appraisal District. Taxable Value: Estimated value of taxable property to which the ad valorem tax rate is applied. Taxes: Compulsory charges levied by a government for the purpose of financing services performed for the common benefit. TCEQ: Acronym for Texas Commission on Environmental Quality, a state agency which enforces federal and state environmental laws. TIRZ: Acronym for Tax Increment Reinvestment Zone which is a special zone created by City Council to attract new investment to an area. This zone helps finance the cost of redevelopment and encourage development in an area that would otherwise not attract sufficient market development in a timely manner. Taxes attributable to new improvements (tax increments) are set-aside in a fund to finance public improvements within the boundaries of the zone. TMRS: Acronym for the Texas Municipal Retirement System, a pension plan for employees of member cities within the State of Texas. TRA: Acronym for the Trinity River Authority of Texas which is a conservation and reclamation district providing water and wastewater treatment, along with recreation and reservoir facilities, for municipalities within the nearly 18,000-square-mile Trinity River basin. TSSC: Acronym for the Texas Star Sports Complex which is used to account for the revenues and expenditures of both Softball World and the Parks at Texas Star enterprise operations. TXDOT: Acronym for the Texas Department of Transportation, a state government agency responsible for administering capital grants for street repairs within the City of Euless. User Charges: The payment of a fee for direct receipt of a public service by the party benefiting from the service. Working Capital: Budgeted working capital is calculated as a fund’s current assets less current liabilities and outstanding encumbrances. The term is used to indicate unencumbered fund balances in enterprise funds such as utility, golf course, Softball World and the Parks at Texas Star. 182 Appendix C Ordinances 183 ORDINANCE NO. 2083 AN ORDINANCE ADOPTING THE OFFICIAL OPERATING AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2015, AND ENDING SEPTEMBER 30, 2016; AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014, AND ENDING SEPTEMBER 30, 2015; PROVIDING FOR THE INVESTMENT OF FUNDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager's recommended budget for the fiscal year beginning October 1, 2015, and ending September 30, 2016, was posted on the city's website and filed in the office of the City Secretary of the City of Euless on July 28, 2015, and has been available to the citizens and the public for their inspection since that date; and WHEREAS, the FY2015-2016 proposed Budget, on file in the office of the City Secretary as Exhibit A and incorporated herein for all purposes, specifically sets forth each of the various funds for which appropriations are delineated, and the estimated amount of money carried in the Budget for each of such funds; and WHEREAS, the FY2015-2016 proposed Budget includes, by reference, certain elements of the Capital Improvements Program, on file in the office of the City Secretary as Exhibit B, which details planned capital improvement projects of the city that have been identified to date and contains a statement proposing capital expenditures deemed necessary for undertaking during the next budget year and recommended provisions for financing and a list of capital projects which should be undertaken within the five (5) next succeeding years; and WHEREAS, on August 25, 2015, the Euless City Council held a public hearing on the proposed Budget at which time all citizens and interested persons were given an opportunity to be heard regarding the Budget; and WHEREAS, notice of such public hearing on the Budget was duly published in accordance with law and at the conclusion of such hearing, it was determined that such Budget should be adopted; and WHEREAS, the City Council deems it to be in the best interest of the citizens to amend the FY2014-2015 budget due to unforeseen circumstances. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: 184 SECTION 1. The official Budget for the City of Euless for the fiscal year beginning October 1, 2015, and ending September 30, 2016, on file in the office of the City Secretary as Exhibit A, is hereby adopted and there is hereby appropriated from the funds indicated therein such sums for the projects, operations, activities, purchases, and other expenditures proposed in the Budget. The Euless City Secretary is directed to keep and maintain a copy of such official Budget on file in the office of the City Secretary available for inspection by citizens and the general public. A copy of the Budget shall be posted on the official website for the City of Euless. In addition, the City Manager shall file or cause to be filed a true and correct copy of this ordinance, along with the approved Budget, and any amendments thereto, in the office of the County Clerk of Tarrant County, Texas, as required by State law. SECTION 2. The City Council hereby approves as a part of the Budget the FY2015-2016 Capital Improvements Program, on file in the office of the City Secretary as Exhibit B. which details planned capital improvement projects of the City that have been identified to date. This document meets the requirements of the City Charter, Article VII, Section 2 (5) which requires "A statement proposing any capital expenditures deemed necessary for undertaking during the next budget year and recommended provisions for financing" and Section 2 ( 6) which requires, "A list of capital projects which should be undertaken within the five (5) next succeeding years." The Euless City Secretary is directed to keep and maintain a copy of such Capital Improvement Program on file in the office of the City Secretary available for inspection by citizens and the general public. A copy of the Capital Improvement Program shall be posted on the official website for the City of Euless. SECTION 3. The FY 2014-2015 official Budget for the City of Euless is amended to provide an additional $550,839 to rebate certain contractual agreements, $6,869,836 for bond issuances and refundings, $912,000 in grant proceeds, $80,011 in interfund transfers and interest income allocations, and a reduction of $288,198 for certain projects. The revised figures, prepared and submitted by the City Manager for the 2014-2015 budget are hereby approved and appropriated, and any necessary transfers between accounts and departments are hereby authorized, approved and appropriated. SECTION 4. All funds appropriated and allocated shall be expended and used pursuant to the provisions of such official Budget and the City Manager is directed to appropriate and expend City funds according to City Charter provisions. Ordinance No. 2083, Page 2 of 5 185 SECTION 5. The sums below are hereby appropriated from the respective operating funds for the payment of expenditures on behalf of the city government as established in the approved Budget document: FY2015 FY2016 Amended Budgeted FUND Expenditures Expenditures General Fund 38,848,423 $ 39,760,267 Hotel/Motel Fund 450,721 Juvenile Case Fund 86,010 Half Cent Sales Tax Fund (EDC) 5,650,489 Crime Control & Prevention District Fund (CCPD) 2,491 ,461 Police Seized Assets Fund 235,092 Police Drug Fund (DEA) 201,000 Public Safety Special Revenue Funds 145, 117 Car Rental Tax Fund 17,242,347 $ 16,750,408 Glade Parks Tax Increment Reinvestment Zone 564,359 Glade Parks Public Improvement District 49,635 Cable PEG Fund 120,000 General Obligation Debt Service Fund 9,899,951 $ 4,328,718 Star Center Debt Service Fund 709,805 Half Cent Debt Service Fund (EDC) 169,376 Water & Wastewater Fund 22,714,996 Service Center Fund 1,283,352 Water & Wastewater Debt Service Fund 817,909 Drainage Utility Fund 776,150 Special Recreation Classes Fund 676,777 Arbor Daze 79,500 Texas Star Sports Complex Fund 1,570,007 Texas Star Sports Complex Debt Service Fund 163,200 Texas Star Golf Course Fund 4,544,913 Texas Star Golf Course Debt Service Fund 613,849 Equipment Replacement Fund 1 ,629,027 Health Insurance Fund 6,584,245 Risk Management/Worker's Comp Fund 1,047,525 Ordinance No. 2083, Page 3 of 5 186 SECTION 6. The sums below are hereby appropriated from the respective capital funds for the payment of expenditures on behalf of the city government as established in the approved Capital Improvement Program: FY2015 Amended FY2016 Fund Appropriations Appropriations Drainage Capital Projects Fund 60.000 Streets Capital Projects Fund 4,158,211 Water& Wastewater Capital Projects Fund 1 ,251,802 2,610,259 Water Impact Fee Fund 365,176 Wastewater Impact Fee Fund 100,000 Car Rental Capital Projects Fund 2,183,895 2,578,275 Half Cent Capital Projects Fund (EDC) 130,000 Texas Star Golf Course Capital Projects 105,000 75,000 Midtown Redevelopment Fund 16,748,583 Texas Star Sports Complex CIP 2,307,767 Redevelopment Fund 122 Police Department CIP 11 General CIP 10,500 SECTION 7. The sums below are hereby appropriated from the respective reserve funds to provide transfers to certain operating and capital improvement funds as established in the approved budget document. FY 2015 Amended FY 2016 Fund Appropriations Appropriations Half Cent Sales Tax(EDC) Debt Reserve Fund 730.000 Water& Wastewater Rate Stabilization Reserve Fund 705,850 $ 135,235 Texas Star Sports Complex Reserve Fund 425,000 Texas Star Golf Course Reserve Fund 140,000 $ 175,000 SECTION 8. The City Manager is authorized from time to time, as he/she may deem to be in the best interest of the City of Euless, to invest city funds not immediately required for current use, including operating funds and bond funds, as per Council adopted Investment Policy. Ordinance No. 2083, Page 4 of 5 187 SECTION 9. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this ordinance are severable, and if any phrase, clause, sentence, paragraph, or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 10. This ordinance shall become effective immediately from and after its passage. PRESENTED AND APPROVED on First and Final Reading at a regular meeting of the Euless City Council on August 25, 2015, by a vote of 7 ayes, o nays, and o abstentions. APPROVED: I-eartin, Mayor ATTEST: leee-; Ki Sutter, T MC City Secretary APPROVED AS TO FORM: k- Wayne K. Olson City Attorney Ordinance No. 2083, Page 5 of 5 188 ORDINANCE NO. 2085 AN ORDINANCE LEVYING TAXES FOR THE TAX YEAR 2015 FOR THE CITY OF EULESS, TEXAS; PROVIDING FOR CERTAIN EXEMPTIONS THEREFROM; ENACTING PROVISIONS INCIDENT AND RELATING TO THE SUBJECT AND PURPOSE OF THIS ORDINANCE; REPEALING CONFLICTING ORDINANCES; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on August 25, 2015, the City Council held a public hearing on the proposed budget for the Fiscal Year 2015-2016; and WHEREAS, the City Council has approved, by a separate ordinance adopted on August 25, 2015, an annual budget for the fiscal year beginning October 1, 2015, and ending September 30, 2016 (tax year 2015); and WHEREAS, the City Council finds that an ad valorem tax must be levied to provide the revenue requirements of the budget for tax year 2015; and WHEREAS, the City Council held public hearings on the proposed tax rate on August 25, 2015, and September 1, 2015, and complied with all other statutory and constitutional requirements concerning the levying and assessing of ad valorem taxes; and WHEREAS, all citizens and interested persons were given an opportunity to be heard regarding the proposed budget and the proposed tax rate. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1. The City of Euless, Texas does hereby adopt and levy the following tax rate for tax year 2015 and for each tax year thereafter until otherwise ordained: 0.366571 for the purposes of maintenance and operation 0.100929 for the payment of principal and interest on debt of the City 0.4675 Total tax rate The above tax rate shall be assessed and collected on each One Hundred Dollars 100.00) of assessed value of all taxable property, real, personal and mixed, situated within the corporate limits of the City of Euless on January 1, 2015, and not exempt from taxation by the Constitution and statutes of the State of Texas. The tax so levied and assessed shall be apportioned to the accounts and funds in the amounts as set forth in the annual budget of the City adopted for the fiscal year. 189 THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 3.55 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A 100,000 HOME BY APPROXIMATELY $2.06. SECTION 2. There shall be exempted from the assessed valuation of all residential homesteads for which proper application shall have been made, an amount equal to twenty percent (20%) of the assessed value of such residential homestead. The exemption shall be granted to any such residential homestead and improvements qualifying for same as provided by law. SECTION 3. The sum of thirty-five thousand dollars ($35,000) of the assessed valuation of residence homesteads of residents of the City of Euless who are sixty-five (65) years of age or older shall be exempted from all ad valorem taxes herein levied by the City. SECTION 4. There shall be exempted from the assessed valuation of all residential homesteads of disabled veterans for which proper application shall have been made a portion of such valuation in accordance with the following schedule as allowed by the Texas Property Tax Code, Section 11.22: For a disability rating of An exemption of up to: at least:but less than: 5,000 of the assessed value 10%30% 7,500 of the assessed value 30%50% 10,000 of the assessed value 50%70% 12,000 of the assessed value 70% and over SECTION 5. The taxes levied by this Ordinance shall be due and payable on October 1, 2015, and shall become delinquent on February 1, 2016. Except as provided in Section 7 below, payment of such tax is due in one full installment. Taxes shall be payable at the office of the Tarrant County Tax Collector. There shall be no discount for taxes paid prior to January 31, 2016. Ordinance No. 2085, Page 2 of 4 190 SECTION 6. If the tax is unpaid after January 31, 2016, such tax will become delinquent and penalty and interest will attach and accrue as provided by Section 33.01 of the Texas Property Tax Code. SECTION 7. A person who pays one-half of the taxes before December 1, 2015, may pay the remaining one-half of the taxes without penalty or interest before July 1, 2016, as provided and authorized by Section 31.03 of the Texas Property Tax Code. SECTION 8. As provided by Section 33.07 of the Texas Property Tax Code, in the event the taxes become delinquent and remain delinquent on July 1, 2016, and in the event such delinquent taxes are referred to an attorney for collection, an additional penalty in the amount of the compensation to be paid in connection with the collection of the delinquent taxes as specified in the contract with the attorney shall be added as collection costs to be paid by the taxpayer. SECTION 9. The Tarrant County Tax Collector is hereby authorized to collect the taxes levied under this Ordinance. The City and Tarrant County shall have available all rights and remedies provided by law for the enforcement of the collection of taxes levied under this Ordinance. SECTION 10. All ordinances or parts of ordinances in conflict herewith are repealed to the extent of conflict only. SECTION 11. SEVERABILITY CLAUSE. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this Ordinance are severable, and if any phrase, clause, sentence, paragraph, or section of this Ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. Ordinance No. 2085, Page 3 of 4 191 SECTION 12. EFFECTIVE DATE. This Ordinance shall become effective from and after its date of passage. PRESENTED AND APPROVED ON FIRST AND FINAL READING at a regular meeting of the Euless City Council on September 8, 2015, by a vote of 6 ayes, o nays, and o abstentions. APPROVED: Ali Lin.a Martin ayor ATTEST: 14'1(j/-15- 4) Kim utter, TMMC City Secretary APPROVED AS TO FORM AND LEGALITY: L.3(-Qom_ Wayne K. Olson City Attorney Ordinance No. 2085, Page 4 of 4 192 ORDINANCE NO. 2086 AN ORDINANCE ADOPTING THE TAX ROLL FOR TAX YEAR 2015 FOR THE CITY OF EULESS, TEXAS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Tarrant Appraisal District is responsible for the property tax appraisal and exemption administration for the City of Euless; and WHEREAS, on the 24th day of July 2015, Tarrant Appraisal District provided the City with the Certified Appraisal Roll effective for the 2015 tax year; and WHEREAS, the Certified Appraisal Roll established the net appraised value of certain tracts of property located within the corporate boundaries of the City, taking into consideration any partial exemptions allowed to property owners; and WHEREAS, the City Council has adopted and levied a tax rate applicable to property located within the corporate boundaries of the City; and WHEREAS, Tarrant County, as the tax assessor for the City, has calculated the tax roll for the City based on the adopted tax rate; and WHEREAS, the City Council finds it is in the best interests of the City and the owners of those specific tracts to accept the tax roll as presented. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1. The tax roll for tax year 2015 for the City of Euless, Texas is hereby approved as shown in "Exhibit A." SECTION 2. SEVERABILITY CLAUSE. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this Ordinance are severable, and if any phrase, clause, sentence, paragraph, or section of this Ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this Ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. 193 SECTION 3. EFFECTIVE DATE. This Ordinance shall become effective from and after its date of passage. PRESENTED AND APPROVED ON FIRST AND FINAL READING at a regular meeting of the Euless City Council on September 8, 2015; by a vote of 6 ayes, 0 nays, and 0 abstentions. APPROVED: Ali Lia artin, Mayor ATTEST: Ki Sutter, MC City Secretary APPROVED AS TO FORM AND LEGALITY: Wayne K. Olson, City Attorney Ordinance No. 2086, Page 2 of 10 194 Appendix D Multi-Year 195 INTRODUCTION The City of Euless Multi-Year Plan is presented for review. Major funds will show the estimated beginning fund balances, estimated revenues and expenses, and ending fund balances. Staffing levels, estimated tax rates, and estimated water and wastewater rates are also presented. This presentation includes operations and capital items that are recommended for FY2015-16 and the impact of recommended major capital projects through FY2019-20. Due to the volume of information included in the General Fund and the Water and Wastewater Fund, separate executive summaries have been provided that highlight significant assumptions. Supplemental and capital requests for all major funds were submitted by departmental directors. Only a limited number of requests have been included in the plan as recommended and funded. The remaining items are shown for informational purposes only and would only be funded if resources are available. Capital items recommended and funded have been included in the Proposed Capital section of each fund’s presentation. Recommended reserve levels and designated reserves are reflected as required by the City’s fiscal policies. General Fund Revenue increases are projected at conservative growth levels. Most revenue items are projected at a 3% growth factor. Property tax valuations are projected to increase 2% annually with adjustment for expected development. Sales tax is also projected to grow approximately 3% annually based on new retail development and continued recovery in other sectors. Other increases were also included for other planned retail developments. Departmental expenditures include an increase of less than 1% with annual increases for salary plan adjustments, health insurance increases, and changes in depreciation. Funding has also been included in future years to restore positions which are currently authorized but unfunded as well as take over funding of the final two officers paid from one-time seized assets funding. Recommended capital programs include funding for some of the City’s ongoing computer hardware/software replacement program and public safety equipment. 196 General Obligation Debt Service The debt component of the tax rate includes debt service requirements for all general debt currently outstanding and projected in the next five years. Under the multi-year capital plan, debt issuance is proposed for the completion of the infrastructure improvements at Glade Parks. The principal and interest requirements associated with the proposed bonds have been included in the multi-year plan. The debt service payments related to Glade Parks will be repaid by revenues from the Glade Parks Tax Increment Reinvestment Zone or assessments to the Glade Parks Public Improvement District. Debt service has also been included for infrastructure improvements at Midtown which also will be funded by a tax increment reinvestment zone and public improvement district. In fiscal year 2019-2020 an issuance was also included for Bear Creek Parkway and Vine Street reconstruction projects. These projects are detailed in the Capital Improvement Project (CIP) book. Half Cent Sales Tax Fund The Half Cent Sales Tax operating budget includes salary plan adjustments, health insurance increases, changes in debt service and transfers to CIP for proposed capital projects. Future transfers to CIP are to cash flow the design and construction of future phases of the Texas Star Sports Complex. These phases are detailed in the CIP book. Proposed capital includes upgrades to the city’s park system and computer hardware/software replacements. Funding has also been added in future years to restore currently frozen positions and to provide additional staffing in the parks department and the library. Half Cent Sales Tax Debt Fund The Half Cent Sales Tax Debt Fund includes debt service requirements for all sales tax revenue debt currently outstanding. In addition, a proposed bond sale has been reflected in FY2018-19 for the construction of Phase VII at the Texas Star Sports Complex, in accordance with the proposed Capital Improvement Plan. Crime Control and Prevention District The Crime Control and Prevention District fund includes salary plan adjustments, health insurance increases, and continuation of existing programs. Capital programs include the continuation of the Part-time PSO program, Part-time dispatcher program and some Patrol equipment. No other changes are proposed. 197 Car Rental Tax Fund Car Rental Tax revenue has been calculated with a 1% annual increase beginning in FY2016-17. Two-thirds of the total revenue is shared with Dallas and Fort Worth. Expenditures for this fund include transfers to support General Fund operations which are budgeted at 1/3 of Euless’ portion of the revenue. Transfers to the Equipment Replacement Fund have been included to offset a portion of the replacement cost of large equipment purchases. Due to the current depreciation rate of 55%, the equipment replacement fund has not recovered the full replacement cost of this equipment. In addition, funds will be used to cash flow several capital requests. Funding is proposed for road extensions and reconstructions, highway improvements, municipal plaza improvements, traffic signals, and Library remodel design and construction. This proposed plan maintains the recommended minimum reserve in the short- term motor vehicle fund of $2,000,000. Water and Wastewater Fund Revenues in this enterprise operation are based on projected rates sufficient to cover operations in each of the future years. Rates are based on projected cost increases from Trinity River Authority, as well as baseline increases for the City’s operations, including salary plan adjustments, health insurance increases, and changes in depreciation expense. Future projected rate increases for both water and wastewater are shown. Water rate increases have been spread equally across each tier. Reclaimed water rates are based on expected increases in raw water costs and increased operating costs. The operating budget includes funding for the outstanding water and wastewater revenue bonds and funding to continue the annual water and wastewater infrastructure improvements. The water and wastewater capital improvements plan includes the expansion of the reclaimed water system, the continuation of the water and wastewater line replacement program, the replacement of the water meter system and relocation of water and wastewater lines associated with the SH 183 expansion. 198 Water and Wastewater Debt Service Fund Debt service transfers are based on current debt outstanding and projected debt for the extension of the reclaimed water. Debt service payments for the water tank debt and Phase I of the reclaimed water system expansion will be paid from impact fees as identified in the Impact Fee CIP plan. Additional debt sales are scheduled for the reclaimed water system expansion in FY2016 and FY2018 through FY2020. Except as otherwise noted, debt payments will be paid from system revenue. Drainage Fund The Drainage Utility fund provides for salary plan adjustments, health insurance increases, and changes in depreciation charges. Fleet Service Fund The Fleet Service Fund provides for salary plan adjustments, health insurance increases, and changes in depreciation charges. Transfers from the water and wastewater fund have increased accordingly. Texas Star Golf Course Fund The Golf Course Fund includes modest increases in revenues that are directly attributable to the number of rounds projected such as increases in green fees, food and beverage sales, and conference centre bookings. Expenses are projected to increase in all divisions as a result of increased rounds, salary plan adjustments, health insurance increases, and depreciation charges. An increase in cost of goods is anticipated as a result of the estimated additional sales volume. Debt service payments are based on actual repayment schedules and include annual transfers from the Golf Course Reserve Fund. Texas Star Sports Complex Fund Revenues are projected to grow marginally and are centered primarily on maintaining current levels of league participation and tournament play until the Softball World operation relocates to the Parks at Texas Star. Expenses are projected to increase as a result of pay plan adjustments, health insurance costs, and increased operating costs. Debt service expense is projected based on actual long-term debt commitment. Some cost savings are anticipated from the consolidation of the two facilities. The five year plan 199 continues to show this fund to be self-supporting, with a modest net income each year. In FY2016, the debt on the softball facility will be paid in full providing approximately $160,000 of additional income in FY2017. Equipment Replacement Fund The Equipment Replacement Fund assumes a depreciation rate of 55% each year. It includes equipment purchases based on the projected replacement schedule, which is re-evaluated each year. Following the year of purchase, equipment and vehicle purchases are added to the depreciation charge in order to ensure that proper funds will be available for the next scheduled replacement. However, at the current depreciation rate of 55%, some large equipment purchases will need to be subsidized from other funding sources. CLOSING COMMENTS This document is a plan for the future. Many things will certainly change and this document will need to be adjusted accordingly. Future capital projects and the timing of debt issuance can significantly impact the interest and sinking portion of the tax rate. The recommended Multi-Year Plan provides for a level tax rate and continues existing service levels. The Water and Wastewater plan indicates that the City will be facing significant challenges from increased water and wastewater costs which will likely have a significant impact on future rates. While it is understood that this plan is certain to change, it is intended to help guide future decisions. 200 General Fund Executive Summary Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 TAX RATE VARIABLE Tax Rate $0.4675 $0.4675 $0.4675 $0.4675 $0.4675 Tax Rate Change $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Assessed Value/$100 29,207,079$ 30,083,291$ 30,985,790$ 31,915,363$ 32,872,824$ Amount generated by 1¢ 287,690$ 296,320$ 305,210$ 314,366$ 323,797$ Transfer from Car Rental 1,565,975$ 1,581,636$ 1,597,452$ 1,613,426$ 1,629,561$ Tax Rate Equivalent - Car Rental Transfer 0.054433 0.053376 0.052339 0.051323 0.050327 EXPENDITURES Departmental Expenditures 37,349,074$ 37,604,545$ 38,567,231$ 39,749,209$ 41,142,879$ Insurance Increase -$ 176,385$ 141,636$ 139,449$ 157,968$ Salary Package -$ 719,698$ 741,289$ 763,528$ 786,434$ Capital Expenses 2,411,193$ -$ -$ -$ -$ Total Expenditures 39,760,267$ 38,500,628$ 39,450,156$ 40,652,186$ 42,087,280$ Proposed Supplemental -$ -$ -$ -$ -$ Proposed Capital -$ 25,000$ 175,000$ 190,000$ 15,000$ STAFFING VARIABLE Full-time Positions 266.25 267.25 268.25 270.25 274.25 Part-time Positions 50.00 50.00 50.00 50.00 50.00 201 General Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 8,919,644 6,514,467 6,580,616 6,728,926 7,218,429 REVENUES Ad valorem taxes(1)10,463,079 10,552,021 10,935,979 11,782,905 12,174,054 Ad valorem taxes(2)869,887 895,984 922,863 950,549 979,065 Delinquent taxes 40,000 41,000 42,230 43,497 44,802 Penalties 58,000 60,000 61,800 63,654 65,564 Sales taxes 11,802,945 12,511,122 12,986,455 13,376,049 13,777,330 Mixed Beverage 82,400 86,372 88,963 91,632 94,381 Franchise taxes 4,440,505 4,608,159 4,676,158 4,740,373 4,812,286 Fines and fees 4,888,027 5,034,668 5,185,708 5,341,279 5,501,517 Licenses and permits 1,041,100 1,041,100 1,016,100 991,100 776,100 Interest Income 35,000 35,000 35,350 36,057 36,778 Grants 399,700 411,691 424,042 436,763 449,866 Tower Lease 450,000 463,500 477,405 491,727 506,479 Transfers from Car Rental 1,565,975 1,581,636 1,597,452 1,613,426 1,629,561 General & Administrative Charges 1,152,322 1,194,525 1,245,711 1,293,111 1,348,208 Miscellaneous 66,150 75,000 77,250 79,568 81,955 Total Revenues 37,355,090 38,591,777 39,773,465 41,331,689 42,277,946 EXPENDITURES Administration (3,365,440) (3,382,267) (3,399,179) (3,416,174) (3,498,255) Finance (1,407,017) (1,414,052) (1,421,122) (1,498,228) (1,580,719) Police Protection (13,124,052) (13,278,695) (13,434,112) (13,501,282) (13,658,789) Fire Protection (9,356,938) (9,403,723) (9,450,741) (9,497,995) (9,545,485) Planning & Development (660,886) (664,190) (667,511) (720,849) (724,453) Community Services (2,526,844) (2,539,478) (2,552,176) (2,564,936) (2,657,761) Public Works (1,997,399) (2,007,386) (2,017,423) (2,027,510) (2,037,648) Non-Departmental - Operating (4,910,498) (5,810,836.08) (6,507,892) (7,425,211) (8,384,170) Operating Expenditures (37,349,074) (38,500,628) (39,450,156) (40,652,186) (42,087,280) Capital Expenses (carryover)(2,411,193) - - - - Total Expenditures (39,760,267) (38,500,628) (39,450,156) (40,652,186) (42,087,280) Designated Reserves (79,893) (80,000) (80,000) (80,000) - Recommended Reserves per Policy (6,139,574) (6,328,870) (6,484,957) (6,682,551) (6,918,457) Available for Supplemental 6,016 91,149 323,309 679,503 190,666 Proposed Supplemental - - - - - Remaining Supplemental 6,016 91,149 323,309 679,503 190,666 Additional Available for Capital 288,984 105,597 15,659 (33,625) 299,972 Total Available for Capital 295,000 196,746 338,969 645,878 490,638 Proposed Capital(3)(25,000) (175,000) (190,000) (15,000) Remaining Funds Available 295,000 171,746 163,969 455,878 475,638 ENDING FUND BALANCE 6,514,467 6,580,616 6,728,926 7,218,429 7,394,095 Tax Rate Variable Assessed Taxable Value/$100 29,207,079 30,083,291 30,985,790 31,915,363 32,872,824 Amount generated by 1¢ tax 287,690 296,320 305,210 314,366 323,797 I&S Rate 0.100929 0.111398 0.109190 0.092686 0.091522 General Fund 0.366571 0.356102 0.358310 0.374814 0.375978 Total Tax Rate 0.467500 0.467500 0.467500 0.467500 0.467500 Rollback I&S 0.100929 0.111398 0.109190 0.092686 0.091522 Rollback M&O 0.388532 0.385935 0.376780 0.379773 0.397078 Total Rollback Rate 0.489461 0.497334 0.485971 0.472458 0.488601 M&O Rollback Amount 11,177,671 11,494,101 11,558,091 11,999,377 12,922,556 Tax Rate Equiv - Motor Vehicle Tax 0.054433 0.053376 0.052339 0.051323 0.050327 Staffing Variable Full-time positions 266.25 267.25 268.25 270.25 274.25 Part-time positions 50.00 50.00 50.00 50.00 50.00 (2) Property Tax collections of frozen and TIF hd t(3) Proposed Capital will only be funded if excess reserves are available. (1) Collection Rate for M&O for future years is 98.5%. Note: Non-departmental operating includes salary plan, Increase in city's insurance contribution & increase in equipment depreciation. 202 General Fund Five Year Plan Revenue Assumptions Revenue Source Assumptions Property Taxes Projections are based on expected new development in the City with 2% increase in existing assessed values. Prior Year Property Taxes Projected average growth of 3%. Penalties & Interest Projected average growth of 3%. Sales Tax Based on 3% increase with additional revenue for new development. Mixed Beverage Tax Projected average growth of 3% with additional revenue for new development. Franchise Fees Projected average growth of 1.5%. Fines & Fees Projected average growth of 3%. Licenses & Permits Projected relatively flat with some decline due to projected build out. Interest Income Projected slight increase due to expected rise in interest rates. Grants Projected average growth of 3%. Tower Lease Projected average growth of 3%. Transfers Based on administrative fees from the utility operations and 1/3 of Euless’ portion of car rental tax. Miscellaneous Projected average growth of 2%, less rental income. 203 General Obligation Debt Service Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 539,499 425,134 369,639 339,149 333,664 REVENUES Ad valorem taxes 2,947,858 3,383,763 3,416,188 2,972,313 2,993,713 Delinquent taxes 14,054 22,000 22,000 22,000 22,000 Penalties 21,081 22,000 22,000 22,000 22,000 Interest Income 500 505 510 515 520 Transfer from Glade Parks PID/TIRZ 1,028,654 1,825,919 2,254,895 2,455,877 2,456,252 Transfer from Car Rental 198,151 - - - - Total Revenues 4,210,298 5,254,187 5,715,593 5,472,705 5,494,485 EXPENDITURES Principal (2,875,000) (3,150,000) (3,698,602) (3,562,512) (3,724,471) Interest (1,445,763) (2,155,782) (2,043,581) (1,911,778) (1,771,594) Bank Charges (3,900) (3,900) (3,900) (3,900) (3,900) Total Expenditures (4,324,663) (5,309,682) (5,746,083) (5,478,190) (5,499,965) Recommended Reserves per Policy (360,389) (442,473) (478,840) (456,516) (458,330) ENDING FUND BALANCE 425,134 369,639 339,149 333,664 328,185 Tax Rate Variable Assessed Taxable Value/$100 29,027,275 30,188,366 31,094,016 31,871,367 32,508,794 Amount generated by 1¢ tax 290,273 301,884 310,940 318,714 325,088 I&S Rate 0.101554 0.112088 0.109866 0.093260 0.092089 General Fund 0.365946 0.355412 0.357634 0.374240 0.375411 Total Tax Rate 0.467500 0.467500 0.467500 0.467500 0.467500 Tax Rate Equiv - Motor Vehicle Tax 0.006826 0.000000 0.000000 0.000000 0.000000 Debt Issuance Variable: Beginning debt outstanding** 23,285,000 43,493,097 40,343,097 36,644,495 33,081,983 Principal Retired (2,875,000) (3,150,000) (3,698,602) (3,562,512) (3,724,471) Principal Issued (Proposed)23,083,097 - - 2,895,000 Ending debt outstanding 43,493,097 40,343,097 36,644,495 33,081,983 32,252,512 ** Excludes self supporting taxable GO Refunding Bonds (Dallas Stars Center) 204 EDC Half Cent Sales Tax Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 1,969,602 971,217 832,208 772,584 793,942 REVENUES Sales taxes 4,650,704 5,004,449 5,194,582 5,350,420 5,510,932 Interest Income 1,400 1,414 1,428 1,442 1,457 Transfer from EDC Reserve - - - - - Total Revenues 4,652,104 5,005,863 5,196,010 5,351,862 5,512,389 EXPENDITURES Parks (1,997,063) (2,037,004) (2,167,744) (2,276,799) (2,322,335) Library (1,114,837) (1,137,134) (1,159,876) (1,316,074) (1,342,395) Economic Development (313,517) (332,048) (342,492) (352,459) (362,718) Debt Service (169,376) (47,016) (36,673) (41,172) (528,142) Non-Departmental - Operating (502,598) (575,097) (647,918) (723,876) (804,367) Operating Expenditures (4,097,391) (4,128,299) (4,354,703) (4,710,379) (5,359,957) Capital Expenditures (1,553,098) - - - - Total Expenditures (5,650,489) (4,128,299) (4,354,703) (4,710,379) (5,359,957) Designated Reserves - Recommended Reserves per Policy (500,000) (500,000) (500,000) (500,000) (500,000) Available for Supplemental 554,713 877,564 841,307 641,483 152,432 Proposed Supplemental - - - - - Remaining Supplemental 554,713 877,564 841,307 641,483 152,432 Additional Available for Capital (83,496) 471,217 332,208 272,584 293,942 Total Available for Capital 471,217 1,348,781 1,173,514 914,067 446,374 Proposed Capital: Misc Park Improvements (75,000) (75,000) (75,000) (75,000) Hardware Software Replacement (15,000) (15,000) (15,000) (15,000) Reserve Replacement - - (530,125) - Capital Improvements (926,573) (810,930) - - Proposed Capital (1,016,573) (900,930) (620,125) (90,000) Remaining Funds Available 471,217 332,208 272,584 293,942 356,374 ENDING FUND BALANCE 971,217 832,208 772,584 793,942 856,374 Staffing Variable: Full-time positions 23.25 23.25 24.25 25.25 25.25 Part-time positions 17.00 17.00 19.00 21.00 21.00 205 EDC Half Cent Sales Tax Debt Service and Debt Reserve Funds Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 913,917 183,917 46,716 40,572 570,697 REVENUES Transfer from EDC Operations 169,376 47,016 36,673 571,297 528,142 Interest Income 00000 Total Revenues 169,376 47,016 36,673 571,297 528,142 EXPENSES Principal (165,000) (45,000) (35,000) (40,000) (110,000) Interest (4,076)(1,716)(1,073)(572) (417,542) Bank Charges (300)(300)(600)(600)(600) Total Expenses (169,376) (47,016) (36,673) (41,172) (528,142) Transfer to EDC Operations 00000 Transfer Excess Reserves to Capital (730,000) (137,201)(6,144)0 (40,572) Total Transfers (730,000) (137,201)(6,144)0 (40,572) Recommended Reserves per Policy * (169,076) (46,716) (36,073) (570,697) (530,125) ENDING FUND BALANCE 183,917 46,716 40,572 570,697 530,125 Debt Issuance Variable: Beginning debt outstanding 285,000 120,000 75,000 40,000 5,946,821 Principal retired (165,000) (45,000) (35,000) (40,000) (110,000) Principal Issued (proposed)- - 5,946,821 - Ending debt outstanding 120,000 75,000 40,000 5,946,821 5,836,821 *Recommended reserve level equal to the maximum annual debt outstanding 206 Crime Control & Prevention District Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 572,832 372,316 435,194 497,521 561,126 REVENUES Sales taxes 2,290,845 2,502,224 2,597,291 2,675,210 2,755,466 Interest Income 100 101 102 103 104 Total Revenues 2,290,945 2,502,325 2,597,393 2,675,313 2,755,570 EXPENDITURES Police Protection (2,253,636) (2,329,002) (2,403,897) (2,480,537) (2,560,278) Capital Expenditures (237,825) Total Expenditures (2,491,461) (2,329,002) (2,403,897) (2,480,537) (2,560,278) Recommended Reserves per Policy (370,461) (382,850) (395,161) (407,760) (420,868) Available for Supplemental 37,309 173,323 193,496 194,776 195,292 Proposed Supplemental - - - - Remaining Supplemental 37,309 173,323 193,496 194,776 195,292 Additional Available for Capital (35,454) (10,534) 40,033 89,761 140,258 Total Available for Capital 1,855 162,790 233,529 284,537 335,550 Proposed Capital(1)- (110,445) (131,170) (131,170) (131,170) Remaining Funds Available 1,855 52,345 102,359 153,367 204,380 ENDING FUND BALANCE 372,316 435,194 497,521 561,126 625,248 Staffing Variable: Full-time positions 18.0 18.0 18.0 18.0 18.0 Part-time positions 0.0 0.0 0.0 0.0 0.0 (1) Proposed Capital will only be funded if excess reserves are available. 207 Car Rental Tax Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 4,979,346 2,337,720 3,468,970 5,584,520 7,445,884 REVENUES Motor Vehicle Tax 14,093,782 14,234,720 14,377,067 14,520,838 14,666,046 Interest Income 15,000 15,150 15,302 15,455 15,609 Total Revenues 14,108,782 14,249,870 14,392,369 14,536,292 14,681,655 EXPENDITURES DFW Rebate (9,395,855) (9,489,813) (9,584,711) (9,680,558) (9,777,364) Transfer to Equipment Replacement (336,252) (517,171) (189,655) (458,313) (192,252) Transfer to Debt Service (198,151) - - - - Transfer to General Fund (1,565,976) (1,581,636) (1,597,452) (1,613,426) (1,629,561) Operating Expenditures (11,496,233) (11,588,620) (11,371,818) (11,752,298) (11,599,177) Capital Expenses (5,254,175) - - - - Total Expenditures (16,750,408) (11,588,620) (11,371,818) (11,752,298) (11,599,177) Recommended Reserves per Policy (2,000,000) (2,000,000) (2,000,000) (2,000,000) (2,000,000) Available for Supplemental 2,612,549 2,661,250 3,020,550 2,783,994 3,082,478 Additional Available for Capital (2,274,829) 337,720 1,468,970 3,584,520 5,445,884 Total Available for Capital 337,720 2,998,970 4,489,520 6,368,514 8,528,363 Proposed Capital: Library Remodel - - (147,630) (2,000,000) Traffic Signal (180,000) (130,000) - Computer Hardware/Software (350,000) (175,000) (175,000) (350,000) Street Overlay (300,000) (300,000) (300,000) (300,000) Transfer to Street CIP (550,000) (300,000) (300,000) (300,000) Transfer to Car Rental CIP (150,000) - - - Proposed Capital (1,530,000) (905,000) (922,630) (2,950,000) Remaining Funds Available 337,720 1,468,970 3,584,520 5,445,884 5,578,363 ENDING FUND BALANCE 2,337,720 3,468,970 5,584,520 7,445,884 7,578,363 208 Water and Wastewater Fund Executive Summary Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 RATES Water Base Rate $9.75 $10.25 $10.25 $10.50 $11.00 Water Consumption Rate (1)Tiered Tiered Tiered Tiered Tiered Proposed Water Rate Increase $0.27 $0.24 $0.21 $0.18 $0.11 Wastewater Base Rate $8.50 $8.50 $8.50 $8.75 $9.25 Wastewater Consumption Rate(1)$3.59 $3.99 $4.28 $4.48 $4.74 Proposed Wastewater Rate Increase $0.26 $0.40 $0.29 $0.20 $0.26 EXPENSES Departmental Expenditures (16,773,172)$ (17,306,987)$ (18,116,073)$ (18,941,560)$ (19,755,726)$ Salary Package (108,733)$ (111,995)$ (115,355)$ (118,816)$ (122,380)$ Transfers (1,383,000)$ (1,383,000)$ (1,383,000)$ (1,383,000)$ (1,383,000)$ G&A/Franchise Fee (2,234,644)$ (2,315,454)$ (2,416,128)$ (2,509,261)$ (2,617,941)$ Service Center (1,283,352)$ (1,298,595)$ (1,313,535)$ (1,328,782)$ (1,389,709)$ Debt Service (453,033)$ (575,282)$ (613,375)$ (614,027)$ (698,415)$ Capital (479,062)$ -$ -$ -$ -$ Total Expenses (22,714,996)$ (22,991,313)$ (23,957,466)$ (24,895,447)$ (25,967,170)$ Proposed Supplemental -$ -$ -$ -$ -$ Proposed Capital -$ -$ -$ -$ -$ STAFFING VARIABLE Full-time Positions 42.50 42.50 42.50 42.50 42.50 Part-time Positions 2.00 2.00 2.00 2.00 2.00 (1) Includes Proposed Water & Wastewater Rate Increase 209 Water and Wastewater Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 4,942,139 4,573,577 4,736,806 4,940,622 5,137,785 REVENUES Water Service 12,489,527 12,767,076 13,239,834 13,643,944 14,082,293 Wastewater Service 8,403,094 8,775,165 9,264,859 9,636,455 10,233,251 Reclaimed Water Service 266,813 390,741 399,432 518,389 532,275 Sanitation Service 195,000 200,850 206,876 213,082 219,474 Sale of New Meter/Reconnect 280,000 288,400 297,052 305,964 315,142 Inspection Fees 85,000 87,550 90,177 92,882 95,668 Penalties 230,000 236,900 244,007 251,327 258,867 Miscellaneous 35,000 35,000 35,000 35,000 35,000 Interest Income 12,000 12,360 12,731 13,113 13,506 Initiation & Transfer Fees 30,000 30,900 31,827 32,782 33,765 Recycling Fees 320,000 329,600 339,488 349,673 360,163 Total Revenues 22,346,434 23,154,542 24,161,282 25,092,610 26,179,405 Transfer from W/WW Reserve - Total Available 22,346,434 23,154,542 24,161,282 25,092,610 26,179,405 EXPENSES Utility Billing (442,746) (456,028) (469,709) (483,801) (498,315) Recycling (41,300) (42,539) (43,815) (45,130) (46,484) Geographic Information Sys.(572,265) (589,433) (607,116) (625,329) (644,089) City Engineer (312,389) (321,761) (331,413) (341,356) (351,597) Water Production (7,040,968) (6,933,642) (7,215,936) (7,555,983) (7,775,308) Water Distribution (923,870) (990,317) (1,024,357) (1,089,848) (1,127,922) Wastewater Treatment (4,370,324) (4,811,877) (5,167,495) (5,446,197) (5,857,477) Meter Reading (63,612) (65,520) (67,486) (69,511) (71,596) Transfers (1,383,000) (1,383,000) (1,383,000) (1,383,000) (1,383,000) G&A/Franchise Fee (2,234,644) (2,315,454) (2,416,128) (2,509,261) (2,617,941) Fleet Services (1,283,352) (1,298,595) (1,313,535) (1,328,782) (1,389,709) W&WW Debt (453,033) (575,282) (613,375) (614,027) (698,415) Non-Departmental - Operating (3,114,431) (3,207,864) (3,304,100) (3,403,223) (3,505,320) Operating Expenses (22,235,934) (22,991,313) (23,957,466) (24,895,447) (25,967,170) Capital Expenses (479,062) - - - - Total Expenses (22,714,996) (22,991,313) (23,957,466) (24,895,447) (25,967,170) Recommended Reserves per Policy (4,569,028) (4,724,242) (4,922,767) (5,115,503) (5,335,720) Available for Supplemental 110,500 163,229 203,816 197,163 212,235 Proposed Supplemental - - - - - Remaining Supplemental - 163,229 203,816 197,163 212,235 Additional Available for Capital - (150,666) (185,961) (174,881) (197,935) Total Available for Capital - 12,563 17,855 22,282 14,300 Proposed Capital (1)- - - - - Remaining Funds Available - 12,563 17,855 22,282 14,300 ENDING FUND BALANCE 4,573,577 4,736,806 4,940,622 5,137,785 5,350,020 Rates Water Base Rate $9.75 $10.25 $10.25 $10.50 $11.00 Consumption/1,000 gallons Tiered Tiered Tiered Tiered Tiered Proposed Water Rate Increases - All Tiers $0.27 $0.24 $0.21 $0.18 $0.11 Wastewater Base Rate $8.50 $8.50 $8.50 $8.75 $9.25 90% of Metered Water Usage/1000 gallons (2)$3.59 $3.99 $4.28 $4.48 $4.74 Proposed Wastewater Rate Increases $0.26 $0.40 $0.29 $0.20 $0.26 Staffing Variable Full-time Positions 42.50 42.50 42.50 42.50 42.50 Part-time positions 2.00 2.00 2.00 2.00 2.00 (1) Proposed Capital will only be funded if excess reserves are available. (2) FY16 Includes Proposed Water & Wastewater Rate Increases 210 Water & Wastewater Fund Five Year Plan Revenue Assumptions Revenue Source Assumptions Interest Income Projected increase based on expected increase in interest rates. Sanitation Services Based on average growth of 3%. Water Service Based on projected rate increases sufficient to cover increased cost and TRA rate increases. Wastewater Service Based on projected rate increases sufficient to cover increased cost and TRA rate increases Reclaimed Water Service Tier rate increases based on percentages of tier rate increases of potable water (i.e. 89% of potable tier rate). Sale of New Meters Based on average growth of 3%. Reconnect Fees Based on average growth of 3%. Inspection Fees Based on average growth of 3%. Miscellaneous Projected to be flat. Penalties Based on average growth of 3%. Initiation & Transfer Fees Based on average growth of 3%. Recycling Fees Based on average growth of 3%. 211 Water and Wastewater Debt Service Fund/Debt Reserve Funds Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 815,783 815,783 815,783 815,783 815,783 REVENUES Transfer from W&WW Operations 453,033 575,282 613,375 614,027 698,415 Transfer from Rate Stabilization 00000 Transfer from Impact Fees 364,876 368,518 373,882 375,418 376,024 Total Revenues 817,909 943,800 987,257 989,445 1,074,439 EXPENSES Principal (635,000) (765,000) (780,000) (790,000) (885,000) Interest (181,709) (177,600) (206,057) (198,245) (188,239) Bank Charges (1,200)(1,200)(1,200)(1,200)(1,200) Total Expenses (817,909) (943,800) (987,257) (989,445) (1,074,439) Recommended Reserves per Policy * (646,957) (638,022) (675,285) (658,928) (640,633) ENDING FUND BALANCE 815,783 815,783 815,783 815,783 815,783 Debt Issuance Variable: Beginning debt outstanding 10,940,000 10,305,000 9,540,000 10,550,000 9,760,000 Principal retired (635,000) (765,000) (780,000) (790,000) (885,000) Principal Issued (Proposed)- - 1,790,000 - - Ending debt outstanding 10,305,000 9,540,000 10,550,000 9,760,000 8,875,000 *Recommended reserve level equal to the average annual W&WW debt outstanding 212 Drainage Utility Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 218,445 161,575 164,450 167,907 171,347 REVENUES Drainage Fees 712,200 728,600 745,400 761,900 776,900 Penalties 7,000 7,286 7,454 7,619 7,769 Interest Income 80 81 82 82 83 Total Revenues 719,280 735,967 752,936 769,601 784,752 EXPENSES Operating Expenses (716,150) (733,092) (749,479) (766,161) (783,656) Capital Expenses (60,000) - - - - Total Expenses (776,150) (733,092) (749,479) (766,161) (783,656) Recommended Reserves per Policy (147,154) (150,635) (154,002) (157,430) (161,025) Available for Supplemental 3,130 2,875 3,457 3,440 1,096 Proposed Supplemental - - - - - Remaining Supplemental 3,130 2,875 3,457 3,440 1,096 Additional Available for Capital 11,291 10,940 10,448 10,476 10,322 Total Available for Capital 14,421 13,815 13,904 13,917 11,418 Proposed Capital - - - - Remaining Funds Available 14,421 13,815 13,904 13,917 11,418 ENDING FUND BALANCE 161,575 164,450 167,907 171,347 172,443 Rates Drainage Rate $2.50 $2.50 $2.50 $2.50 $2.50 Staffing Variable: Full-time positions 7.00 7.00 7.00 7.00 7.00 Part-time positions 0.0 0.0 0.0 0.0 0.0 213 Service Center Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 39,585 39,585 39,585 39,585 39,585 REVENUES Transfer from W&WW Fund 1,283,352 1,298,595 1,313,535 1,328,782 1,389,709 Total Revenues 1,283,352 1,298,595 1,313,535 1,328,782 1,389,709 EXPENSES Service Center (1,283,352) (1,298,595) (1,313,535) (1,328,782) (1,389,709) Capital Expenses - - - - - Total Expenses (1,283,352) (1,298,595) (1,313,535) (1,328,782) (1,389,709) Available for Supplemental - - - - - Proposed Supplemental - - - - - Remaining Supplemental - - - - - Additional Available for Capital 39,585 39,585 39,585 39,585 39,585 Total Available for Capital 39,585 39,585 39,585 39,585 39,585 Proposed Capital - - - - - Remaining Funds Available 39,585 39,585 39,585 39,585 39,585 ENDING FUND BALANCE 39,585 39,585 39,585 39,585 39,585 Staffing Variable: Full-time positions 5.0 5.0 5.0 5.0 5.0 Part-time positions 0.0 0.0 0.0 0.0 0.0 214 Texas Star Golf Course Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 8,853 58,852 94,437 106,341 172,726 REVENUES Green Fees 1,408,368 1,443,596 1,494,113 1,538,918 1,577,382 Driving Range Fees 90,692 90,060 93,211 96,006 98,406 Cart Rental Fees 339,198 362,204 374,879 386,121 395,772 Club Rental Fees 28,921 28,102 29,085 29,957 30,706 Merchandise Sales 285,000 264,893 274,163 282,384 289,442 Tobacco 3,000 4,385 4,539 4,675 4,792 Food Sales 1,237,139 1,215,115 1,257,637 1,295,350 1,327,727 Non-Alcoholic Beverage Sales 150,703 149,954 155,201 159,855 163,851 Alcohol Sales 410,764 404,803 418,968 431,532 442,318 Catering Fees 64,785 65,433 66,087 66,748 67,416 Monthly Fees 103,445 107,066 110,813 114,691 118,706 Rental Income 160,000 163,200 166,464 169,793 173,189 Interest Income - - - - - GF Transfer 16,897 17,179 17,780 18,313 18,771 H/M Transfer 260,000 260,000 260,000 260,000 260,000 Advertising Revenue 35,000 35,000 35,000 35,000 35,000 Other 1,000 1,000 1,000 1,000 1,000 Total Revenues 4,594,912 4,611,990 4,758,940 4,890,343 5,004,478 EXPENDITURES Golf Course Maintenance (962,774) (978,663) (1,021,518) (1,038,785) (1,084,102) Golf Course Pro Shop (245,457) (249,508) (260,434) (264,836) (276,389) Golf Course Food & Beverage (775,766) (788,569) (823,100) (837,013) (873,528) Conference Centre (311,555) (316,696) (330,564) (336,152) (350,816) Cart/Driving Range Operations (190,404) (193,546) (202,022) (205,436) (214,399) Non-Departmental - Operating (503,325) (511,638) (534,056) (543,080) (566,779) Debt Service (444,255) (422,806) (427,904) (421,853) (422,318) Equipment Replacement (244,256) (270,766) (274,827) (278,950) (283,134) COGS-Merchandise (199,500) (185,425) (191,914) (197,669) (202,609) COGS-Tobacco (1,500) (2,193) (2,270) (2,338) (2,396) COGS-Food (439,184) (431,366) (446,461) (459,849) (471,343) COGS-Beverage (49,732) (49,485) (51,216) (52,752) (54,071) COGS-Alcohol (131,855) (129,942) (134,489) (138,522) (141,984) COGS-Catering (45,350) (45,803) (46,261) (46,724) (47,191) Total Expenses (4,544,913) (4,576,405) (4,747,036) (4,823,958) (4,991,059) Recommended Reserves per Policy*- - - - - Available for Supplemental 49,999 35,585 11,904 66,385 13,419 Proposed Supplemental - - - - - Remaining Supplemental 49,999 35,585 11,904 66,385 13,419 Additional Available for Capital 8,853 58,852 94,437 106,341 172,726 Total Available for Capital 58,852 130,022 118,246 239,111 199,563 Proposed Capital - - - - - Remaining Funds Available 58,852 130,022 118,246 239,111 199,563 ENDING FUND BALANCE 58,852 94,437 106,341 172,726 186,145 Estimated # of Rounds 36,054 36,252 36,615 37,164 37,721 Staffing Variable: Full-time positions 11.75 11.75 11.75 11.75 11.75 Part-time positions (Workforce)57.0 57.0 57.0 57.0 57.0 215 Texas Star Sports Complex Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 62,897 68,330 232,984 396,715 559,798 REVENUES Tournament Fees 360,000 360,000 360,000 360,000 324,750 Concessions 235,000 235,000 235,000 235,000 216,250 Alcohol Sales 210,000 210,000 210,000 210,000 - Memberships/Leagues 485,000 485,000 485,000 485,000 434,000 Admissions 47,500 47,500 47,500 47,500 47,125 Advertising/Sponsorships 29,000 29,000 29,000 29,000 29,000 Sales of Goods 110,000 110,000 110,000 110,000 - Miscellaneous/Events 100 100 100 100 100 Interest Income 200 200 200 200 200 Rental Income 56,000 56,000 56,000 56,000 56,000 Batting Cages 10,000 10,000 10,000 10,000 10,000 Transfer from Other Fund 32,640 - - - - Total Revenues 1,575,440 1,542,800 1,542,800 1,542,800 1,117,425 EXPENSES Operations (1,403,278) (1,374,564) (1,375,433) (1,376,027) (1,083,187) Equipment Replacement (3,529) (3,582) (3,636) (3,690) (3,746) Transfer to Debt Service (163,200) - - - - Operating Expenses (1,570,007) (1,378,146) (1,379,069) (1,379,717) (1,086,933) Capital Expenses - - - - - Total Expenses (1,570,007) (1,378,146)(1,379,069)(1,379,717) (1,086,933) Minimum Reserves per Policy - - - - - Available for Supplemental 5,433 164,654 163,731 163,083 30,492 Proposed Supplemental - - - - - Remaining Supplemental 5,433 164,654 163,731 163,083 30,492 Additional Available for Capital 62,897 68,330 232,984 396,715 559,798 Total Available for Capital 68,330 232,984 396,715 559,798 590,290 Proposed Capital - - - - - Remaining Funds Available 68,330 232,984 396,715 559,798 590,290 ENDING FUND BALANCE 68,330 232,984 396,715 559,798 590,290 Staffing Variable: Full-time positions 1.50 1.50 1.50 1.50 1.50 Part-time positions 26.0 26.0 26.0 26.0 26.0 216 Equipment Replacement Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 2,752,440 2,696,985 3,146,683 3,843,665 4,136,852 REVENUES General Fund Depreciation 867,780 942,035 956,166 970,508 985,066 TSSC Depreciation 3,529 3,582 3,636 3,690 3,746 Water/Wastewater Depreciation 80,575 78,682 79,862 81,060 82,276 Drainage Depreciation 2,750 2,791 2,833 2,875 2,918 Fleet Services Depreciation 4,797 4,869 4,942 5,016 5,091 EDC Parks Depreciation 5,633 5,803 5,890 5,978 6,068 Texas Star Depreciation 244,256 270,766 274,827 278,950 283,134 Car Rental Transfer 336,252 517,171 189,655 458,313 192,252 Sale of Assets 25,000 25,000 25,000 25,000 25,000 Interest Income 3,000 3,030 3,060 3,091 3,122 Total Revenues 1,573,572 1,853,729 1,545,871 1,834,481 1,588,673 EXPENSES Equipment Replacements (1,629,027) (1,404,031) (848,889) (1,541,294) (1,284,896) Total Expenses (1,629,027) (1,404,031) (848,889) (1,541,294) (1,284,896) Available for Capital 2,696,985 3,146,683 3,843,665 4,136,852 4,440,629 Proposed Capital - - - - - ENDING FUND BALANCE 2,696,985 3,146,683 3,843,665 4,136,852 4,440,629 Depreciation Rate 55%55%55%55%55% 217 Health Insurance Fund Multi-Year Financial Plan Base Year Year 2 Year 3 Year 4 Year 5 Budget Projected Projected Projected Projected 2015-16 2016-17 2017-18 2018-19 2019-20 BEGINNING BALANCE 2,545,824 2,453,824 2,461,904 2,470,065 2,478,307 REVENUES Premiums collected from Employees 1,656,436 1,680,291 1,752,145 1,827,431 1,906,334 Federal Requirements 37,534 22,900 1,762 1,762 1,762 City Contribution 4,790,275 5,040,872 5,256,436 5,482,294 5,719,002 Interest Income 8,000 8,080 8,161 8,242 8,325 Total Revenues 6,492,245 6,752,142 7,018,504 7,319,730 7,635,422 EXPENSES Operating Expenses (168,621) (172,006) (175,342) (178,749) (182,303) OPEB Trust Contribution (500,007) (500,007) (500,007) (500,007) (500,007) Insurance Claims (3,717,574) (3,903,453) (4,098,625) (4,303,557) (4,518,734) RX Claims (732,432) (769,054) (807,506) (847,882) (890,276) Re-insurance Fees (590,711) (608,432) (626,685) (645,486) (664,850) Insurance Services (283,109) (291,602) (300,350) (309,361) (318,642) Employee Wellness Program (18,098) (18,641) (19,200) (19,776) (20,369) Federal Requirements (37,534) (22,900) (1,762) (1,762) (1,762) Claims Contingency (436,159) (457,967) (480,865) (504,909) (530,154) Operating Expenses (6,484,245) (6,744,062) (7,010,343) (7,311,487) (7,627,097) Capital Carryover (100,000) - - - - Total Expenses (6,584,245) (6,744,062) (7,010,343) (7,311,487) (7,627,097) Recommended Reserves per Policy (2,006,924)(2,107,270)(2,212,633) (2,323,265) (2,439,428) Available for Supplemental 8,000 8,080 8,161 8,242 8,325 Proposed Supplemental - - - - - Remaining Supplemental 8,000 8,080 8,161 8,242 8,325 Additional Available for Capital 438,901 346,554 249,271 146,800 38,879 Total Available for Capital 446,900 354,634 257,432 155,042 47,204 Proposed Capital - - - - - Remaining Funds Available 446,900 354,634 257,432 155,042 47,204 ENDING FUND BALANCE 2,453,824 2,461,904 2,470,065 2,478,307 2,486,632 Estimated City Contribution Per Employee Per Month 1,050 1,105 1,150 1,193 1,241 Staffing Variable: Full-time positions 1.00 1.00 1.00 1.00 1.00 Part-time positions 0.0 0.0 0.0 0.0 0.0 218 Dept Division Fund Program Description Program Type Original Cost Year Requested For PACS Recreation Rec Class Towel Service - EFLC Supplemental 30,000$ 2016 PW Various Gen Part-time Clerk Supplemental 20,149$ 2016 Fire EMS/Supression General Overtime Supplemental 89,662$ 2016 Supplemental Requests Year/Fund/Department City Manager Recommended and Funded 219 Dept Division Fund Program Description Program Type Original Cost Year Requested For Fleet & Fac Fac Maintenance General HVAC Package Unit Replacements Capital 30,000$ 2016 Fleet & Fac Fac Maintenance General Replace Carpet - PD & Courts Building Capital 42,000$ 2016 Fleet & Fac Fac Maintenance General Facility Upgrades - Simmons/Fuller/EFLC Capital 35,000$ 2016 Fleet & Fac Fac Maintenance General Parking Lot Light Replacements - City Complex Capital 25,000$ 2016 Fleet & Fac Fac Maintenance General Generator Replacement - Building D Capital 40,000$ 2016 Fleet & Fac Fac Maintenance General Roof Replacement - Ruth Millican Capital 5,000$ 2016 Fleet & Fac Fac Maintenance General Refinish Shop Epoxy Floor Capital 24,000$ 2016 Fleet & Fac Fac Maintenance General Replace Floor Cleaning Machine Capital 16,000$ 2016 Fire EMS/Suppression General Automated Compression Devices Capital 59,000$ 2016 Fire EMS/Suppression General Hydraulic Rescue Tools Capital 31,151$ 2016 Fire EMS/Suppression General Stryker Power Stretchers Capital 32,000$ 2016 Fire EMS/Suppression General Advanced Life Support Training Manikin Capital 20,000$ 2016 Fire EMS/Suppression General Thermal Imaging Camera Capital 12,000$ 2016 Fire EMS/Supression General Overtime Capital 89,662$ 2016 Fire Fire Marshal General Combined Equipment Package Fire Marshal Capital 6,075$ 2016 Fire Fire Marshal General Fire Training Room Chairs Capital 6,000$ 2016 PACS Parks General Ricoh Copier/Printer Capital 5,860$ 2016 PACS Pools General Mannequin Set for CPR Classes Capital 2,000$ 2016 PACS Recreation General Replace Carpet - Gymnasium Walls Capital 11,000$ 2016 PACS Recreation General Credit Card Machines Capital 9,100$ 2016 PACS Senior Center General Replace Copier - Senior Center Capital 6,480$ 2016 CMO Communications General Multi-Media Intern Capital 10,500$ 2016 Admin Svcs Human Resources General Continue Career Prep Capital 7,450$ 2016 Admin Svcs Information Svcs General Hardware/Software Replacement Capital 168,820$ 2016 Admin Svcs Information Svcs General Hardware/Software-Court Technology Capital 74,370$ 2016 Admin Svcs Information Svcs General Tablets - Public Works Capital 7,000$ 2016 Admin Svcs Information Svcs General Tablets and Printers - Planning Capital 4,400$ 2016 Non-Dept Non-Dept General City's Match for Tarrant County Home Program/CPR Capital 60,000$ 2016 Non-Dept Non-Dept General Transfer to FY2016 Street Overlay Capital 600,000$ 2016 PD Patrol General Local S.T.E.P.Capital 50,000$ 2016 Planning Development General Third Party Plan Review Construction Inspection Capital 20,000$ 2016 PW Street General Uninterrupted Power Supply (UPS)Capital 45,000$ 2016 Finance Purchasing General Mailing Machine Capital 11,901$ 2016 Capital Requests Year/Fund/Department City Manager Recommended and Funded 220 Dept Division Fund Program Description Program Type Original Cost Year Requested For PD Administration CCPD Part-time Detention PSO Capital 71,500$ 2016 PD Administration CCPD Building Security - Scrambler Pads Capital 19,200$ 2016 PD Administration CCPD PD Training Room Remodel Capital 23,000$ 2016 PD Administration CCPD L3 Video Camera System Capital 43,200$ 2016 PD Administration CCPD Part-time Dispatcher Program Capital 49,670$ 2016 PD Administration CCPD Application Extender Upgrade Capital 9,000$ 2016 PD Administration CCPD Server Software Capital 8,530$ 2016 PD Patrol CCPD Assorted Police Equipment Capital 13,725$ 2016 Admin Svcs Library EDC Library Furniture Capital 23,817$ 2016 Admin Svcs Information Svcs EDC Hardware Upgrades-Parks and Library Capital 55,248$ 2016 Non-Dept Non-Dept EDC Texas Star Sports Complex Phase V Capital 700,000$ 2016 Non-Dept Non-Dept EDC Transfer to Misc. Park Improvements Capital 80,000$ 2016 Fleet & Fac Fac Maintenance EDC Library Upgrades Capital 10,000$ 2016 PACS Parks EDC Park Planning Consultant Capital 50,000$ 2016 PACS Parks EDC Parks Equipment Capital 29,100$ 2016 Non-Dept Non-Dept Car Rental Transfer Development/Engineering Bldg Construction Capital 2,494,775$ 2016 Non-Dept Non-Dept Car Rental Transfer to FY2015 40th CDBG Capital 24,000$ 2016 Non-Dept Non-Dept Car Rental Transfer to ADA/TAS Facility Improvements Capital 15,000$ 2016 Non-Dept Non-Dept Car Rental Transfer to Glade Parks Trail Connection Capital 10,000$ 2016 Non-Dept Non-Dept Car Rental Transfer to East Harwood Road Extension Capital 100,000$ 2016 Admin Svcs Information Svcs W/WW Hardware/Software Replacement Capital 168,820$ 2016 Admin Svcs Information Svcs W/WW WaterCAD License Upgrade Capital 5,177$ 2016 PW Water Distribution W/WW Valve and Vactor Trailer Capital 40,491$ 2016 PW Wastewater W/WW Sewer Camera Crawler Capital 16,500$ 2016 Fleet & Fac Fac Maintenance W/WW Well Lot Infrastructure - Misc. Repairs Capital 15,000$ 2016 PACS Recreation Rec Class Fitness Equipment Replacement Capital 75,936$ 2016 PACS Recreation Rec Class Replace Volleyball Equipment Capital 8,500$ 2016 PACS Recreation Rec Class Sound System - Cardio Room @ EFLC Capital 2,500$ 2016 PACS Recreation Rec Class Playbook Printing and Mailing Capital 37,000$ 2016 221 Dept Division Fund Program Description Program Type Original Cost Year Requested For Non-Dept Non-Dept Drainage Transfer to Drainage CIP Capital 60,000$ 2016 Non-Dept Non-Dept EDC Reserve Texas Star Sports Complex Phase V Capital 425,000$ 2016 PACS Recreation Hotel/Motel Arbor Daze Capital 70,000$ 2016 PD Administration Police Drug DEA Police Equipment Capital 100,000$ 2016 PD Administration Police Drug State Police Equipment Capital 100,000$ 2016 PD Administration Seized Assets Cadet Program Capital 60,000$ 2016 Admin Svcs Risk Management Risk Mgmt Worker Safety Trailer Mounted Directional Arrow Capital 4,500$ 2016 Non-Dept Non-Dept TSGC Reserve TSGC Misc. Improvements Capital 75,000$ 2016 Non-Dept Non-Dept TSSC Reserve Texas Star Sports Complex Phase V Capital 425,000$ 2016 Police Admin Gen Duty Weapons Capital $ 12,000 2017 Fire EMS/Supp Gen Thermal Imaging Camera Capital $ 13,000 2017 Admin Svc IS Car Rental Hardware/Software Replacement Capital $ 350,000 2017 Admin Svc IS EDC Hardware/Software Replacement Capital $ 15,000 2017 Admin Svc IS Gen Hardware/Software Replacement Capital $ 175,000 2018 Admin Svc IS Car Rental Hardware/Software Replacement Capital $ 175,000 2018 Admin Svc IS EDC Hardware/Software Replacement Capital $ 15,000 2018 Fire EMS/Supp Gen Thermal Imaging Camera Capital 15,000$ 2019 Admin Svc IS Gen Hardware/Software Replacement Capital $ 175,000 2019 Admin Svc IS Car Rental Hardware/Software Replacement Capital $ 175,000 2019 Admin Svc IS EDC Hardware/Software Replacement Capital $ 15,000 2019 Admin Svc IS Car Rental Hardware/Software Replacement Capital $ 350,000 2020 Admin Svc IS EDC Hardware/Software Replacement Capital $ 15,000 2020 Fire EMS/Supp Gen Thermal Imaging Camera Capital 15,000$ 2020 222 Dept Division Fund Program Description Program Type Original Cost Year Requested For Finance Finance Admin General Portfolio Asset Management Supplemental 35,000$ 2016 PW Water Distribution W/WW Field Tech I Supplemental 55,338$ 2016 PW Street General Field Tech I Supplemental 55,338$ 2016 Fleet & Fac Fac Maintenance General Full-time Office/Clerical Worker - Fleet & Fac Supplemental 49,590$ 2016 PACS Recreation General Full-time Recreation Center Supervisor Supplemental 79,910$ 2016 Admin Svc Library EDC E-book Vendor Supplemental $ 15,000 2017 Admin Svc Library EDC Online Learning Database Supplemental $ 5,000 2017 Fire EMS/Supp Gen Training/EMS Officer Supplemental $ 157,852 2017 Fire EMS/Supp Gen 3 Firefighters Supplemental $ 282,000 2017 Police Administration Gen CCPD (annual range fees currently pd through FY 2016 in prepaid)Supplemental $ 7,500 2017 Fire EMS/Supp Gen 3 Firefighters Supplemental $ 300,000 2018 Police Administration Gen Police Dispatcher Supplemental $ 60,000 2018 Police Administration Gen Crime Analysis Supplemental $ 60,000 2018 Police Administration Gen Code Inspector Supplemental $ 50,000 2018 PACS Hotel/Motel Traveling Exhibit Program Supplemental $ 10,000 2018 Police Administration Gen Police Officer Supplemental $ 85,000 2019 Police Administration Gen Dispatcher Supplemental $ 60,000 2019 Police Administration Gen Police Officer Supplemental $ 85,000 2020 Year/Fund/Department Supplemental Requests Other Items Requested 223 Dept Division Fund Program Description Program Type Original Cost Year Requested For CSO Administration General Upgrade Electronic Voting System Capital 30,000$ 2016 Admin Svcs Information Svcs General Network Infrastructure Upgrade Capital 31,872$ 2016 Fire Fire Marshal General Part-time Fire Inspector Capital 22,832$ 2016 Fire EMS/Suppression General Battalion Commmand Vehicle Equipment Capital 25,000$ 2016 PW Street General Remote School Zone Flasher Controller Capital 78,400$ 2016 PW Street General Remote Traffic Signal Controller Capital 316,000$ 2016 PW Street General Pressure Washer Trailer Capital 11,500$ 2016 Fleet & Fac Fac Maintenance General Replace Carpet - Building D Capital 60,000$ 2016 Fleet & Fac Fac Maintenance General City Hall Water Feature Capital 13,000$ 2016 PACS Recreation General Replace Flooring - Track @EFLC Capital 34,000$ 2016 PW Water Distribution W/WW Water Line Leak Detection Program Capital 40,000$ 2016 PW Water Distribution W/WW Trailer Mounted Air Compressor Capital 20,900$ 2016 PW Water Distribution W/WW Paint Fire Hydrants Capital 28,800$ 2016 Admin Svcs Library EDC 3-D Printer Capital 3,270$ 2016 PACS Recreation Rec Class Digital Display License & Advertising Capital 2,766$ 2016 PACS Parks Hotel/Motel Replace Streetscape Banners Capital 65,625$ 2016 Fleet & Fac Fleet Svcs Svc Center Vehicle Lift Capital 13,250$ 2016 PACS PATS Ath Complex Hitting Tunnels Capital 20,000$ 2017 PACS PATS Ath Complex "L" Screen & Plate Mats Capital 2,600$ 2017 PACS PATS Ath Complex Cabinet Replacement - Concession Stand and Cages Capital 20,000$ 2017 PACS PATS Ath Complex Synthetic Turf Groomer Capital 5,000$ 2017 Admin Svcs Library EDC E-Commerce Capital $ 8,000 2017 Admin Svcs Library EDC Smart Tables Capital $ 15,000 2017 Admin Svcs Library EDC Poster Printer & Lamintor Replacements Capital $ 10,000 2017 PACS Parks EDC Heritage Park Playground Replacement Capital $ 40,000 2017 PACS Parks EDC Athletic Field Striper Capital $ 3,500 2017 PACS Parks EDC Villages of Bear Creek Pavilion Upgrade Capital $ 30,000 2017 PACS Parks EDC Spectator Covers for Soccer Field Capital $ 55,000 2017 Capital Requests Year/Fund/Department Other Items Requested 224 Dept Division Fund Program Description Program Type Original Cost Year Requested For Admin Svc IS Gen Network Upgrades - Fiber Fleet to PW Capital 40,367$ 2017 Fire EMS/Supp Gen Bunker Gear Extractor & Dryer Capital $ 20,000 2017 Fire EMS/Supp Gen Station Furniture Capital 5,000$ 2017 Fire EMS/Supp Gen Hydraulic Rescue Tools - replace 1994 set Capital 35,000$ 2017 Fire EMS/Supp Gen Stryker Power Load System Capital 75,000$ 2017 Fire EMS/Supp Gen iPads for Apparatus Capital 15,000$ 2017 Fleet/Fac Facility Maint Gen Generator Replacement - Fire Station #2 Capital 52,000$ 2017 PACS Parks Gen Box Blade for Tractor Capital $ 10,000 2017 PACS Parks Gen Paint Bob Eden Park Pavilions Capital $ 10,000 2017 PACS Parks Gen Sea Container or Building GH Capital $ 5,000 2017 PACS Parks Gen Midway Pads (picnic)Capital $ 5,000 2017 PACS Aquatics Gen UV System - Aquatics Center Capital $ 45,000 2017 PACS Aquatics Gen Benches and Shade - Wilshire Pool Capital $ 5,000 2017 PACS Aquatics Gen Shade for Concessions Capital $ 6,000 2017 PACS Aquatics Gen Additional Cabana Capital $ 10,000 2017 PACS Aquatics Gen Lifeguard Umbrellas (5)Capital $ 25,000 2017 PACS Senior Center Gen Replce Fitness Equipment - 2 Recumbent Bikes Capital $ 6,500 2017 PACS Senior Center Gen Audio Visual Equipment Capital $ 25,000 2017 PACS Recreation Gen Replace Table Chair - EFLC Capital $ 25,000 2017 PACS Recreation Gen Replace Flooring - Fitness Center Capital $ 39,000 2017 PACS Recreation Gen Replace Flooring - Lobby & Hallway Capital $ 54,000 2017 Police Admin Gen Replace Copiers (2)Capital $ 17,000 2017 Police Admin Gen Unmarked Vehicle Capital $ 2,200 2017 Police Admin Gen Patrol Vehicle Capital $ 55,000 2017 Police Admin Gen Body Video Cameras Capital $ 120,000 2017 Police Admin Gen SWAT Deployment Vehicle Capital $ 25,000 2017 Police Admin Gen Radars for Patrol Units Capital $ 15,333 2017 Police Admin Gen Replace Security Cameras Capital $ 50,000 2017 PW Street Gen Small Paver Capital $ 150k-180k 2017 PACS Recreation Rec Class TV Replacements Capital $ 7,000 2017 PACS Recreation Rec Class PA System Replacement Capital $ 15,000 2017 PACS PATS Ath Complex Replace Concession Equipment Capital 7,500$ 2018 PACS Parks EDC Wood Fence Repair - PATS Capital $ 12,000 2018 Fire EMS/Supp Gen Weight Equipment Capital 10,000$ 2018 Fire EMS/Supp Gen Thermal Imaging Camera Capital 13,000$ 2018 Fleet/Fac Facility Maint Gen Generator Replacement - Fire Station #3 Capital $ 54,000 2018 Fleet/Fac Facility Maint Gen Carpet Replacement - City Hall, Upstairs Area Capital $ 28,500 2018 PACS Parks Gen McCormick Brick Trails Capital $ 7,500 2018 PACS Senior Center Gen Replace Fitness Equipment - 3 Treadmills Capital $ 21,750 2018 PACS Recreation Gen Replace Table Chair - Simmons Capital $ 12,000 2018 225 Dept DivisionFund Program DescriptionProgram Type Original Cost Year Requested For Police AdminGen Firearms Range FeesCapital $             25,000 2018Police AdminGen Building Range FeesCapital $             25,000 2018Police AdminGen Building RemodelCapital $             75,000 2018Police AdminGen Replace Copier Capital $               8,500 2018Police AdminGen Sky TowerCapital $           100,000 2018Police AdminGen Radars for Patrol UnitsCapital $             15,333 2018PACS Facility Maint Hotel/Motel Building Improvements ‐ MuseumCapital $             30,000 2018PACS Facility Maint Hotel/Motel Fuller House ‐ WallpaperCapital $             15,000 2018Admin Svc ISGen Network Upgrades ‐ Wireless Rec Center to SBWCapital20,000$            2018Admin Svc ISGen Network Upgrades ‐ Fiber/Wireless Upgrade ‐ Texas Star Capital40,000$            2018PACS PATSAth Complex Replace Batting Cage Shade CanopyCapital5,000$              2019PACS PATS Ath Complex Replace Batting Cage NettingCapital5,500$              2019Admin Svcs LibraryEDC RFID Self‐Check Machines & Security GatesCapital $             78,000 2019Admin Svcs LibraryEDC Aquarium UpgradeCapital $             10,000 2019PACS ParksEDC Chain Link Fence Repair ‐ PATSCapital $             20,000 2019PACS ParksEDC Bob Eden Playground ReplacementCapital $             40,000 2019PACS Aquatics Gen Aquatic Play UnitCapital $             50,000 2019PACS Senior CenterGen Fitness Equipment ‐ 2 TreadmillCapital $               7,250 2019Police AdministrationGen CopierCapital $               8,500 2019Police AdministrationGen Undercover VehicleCapital $             25,000 2019Police AdministrationGen Patrol VehicleCapital $             55,000 2019Police AdministrationGen Patrol VehicleCapital $             55,000 2019PACS RecreationRec Replace Fitness Equipment ‐ Step MillCapital $               5,250 2019PACS PATSAth Complex Replace Batting Cage EquipmentCapital30,000$            2020Fire EMS/SuppGen Hydraulic Rescue Tools ‐ replace 2004 setCapital35,000$            2020Fire EMS/SuppGen Hand Tool Replacement PackageCapital10,000$            2020Fire EMS/SuppGen Compressor/CascadeCapital15,000$            2020PACS AquaticsGen PA System UpgradeCapital $             10,000 2020PACS AquaticsGen Furniture ReplacementCapital $             20,000 2020PACS AquaticsGen Concession EquipmentCapital $             15,000 2020PACS Senior CenterGen Furniture ReplacementsCapital $             25,000 2020PACS Senior CenterGen Kitchen Equipment ReplacementCapital $             10,000 2020PACS Recreation Gen Replace Treadmills (8) ‐ Fitness Center Capital $             65,000 2020Police AdministrationGen E‐Citation HardwareCapital $           100,000 2020Police AdministrationGen CopierCapital $               8,500 2020226 Dept Division Fund Program Description Program Type Original Cost Year Requested For Fleet/Fac Facility Maint Gen Paint - City Hall Campus Buildings Capital $ 100,000 2021 PACS Senior Center Gen Fitness Equipment - 2 Expresso Bikes Capital $ 12,000 2021 PACS Recreation Gen Poster Printer Capital $ 6,500 2021 PACS Recreation Gen Replace Spin Bikes (10)Capital $ 16,000 2021 Police Administration Gen Live Scan Capital $ 50,000 2021 227 Fleet Transfer : 5 Year Budget Department Name Account Code 2017 2018 2019 2020 2021 Administration 101-1011-513 9601 $1,755 $1,781 $1,808 $1,835 $1,863 Police / Code Enforcement 101-3025-521 9601 $10,452 $10,609 $10,768 $10,929 $11,093 Police / Administration 101-3045-521 9601 $3,509 $3,562 $3,615 $3,669 $3,724 Police / Patrol 101-3046-521 9601 $182,936 $185,680 $188,465 $191,292 $194,162 Police / C.I.D.101-3047-521 9601 $25,540 $25,923 $26,312 $26,707 $27,107 Police / Service 101-3048-521 9601 $13,596 $13,800 $14,007 $14,217 $14,430 Police / Detention 101-3049-521 9601 $2,353 $2,388 $2,424 $2,460 $2,497 Fire / Marshall / Education 101-4023-522 9601 $7,975 $8,095 $8,216 $8,339 $8,464 Fire / EMS / Suppression 101-4041-522 9601 $287,244 $291,553 $295,926 $300,365 $304,870 Fire / EMS Equipment 101-4041-522 9601 $104,371 $105,937 $107,526 $109,138 $110,776 Facility Maintenance 101-5037-519 9601 $18,900 $19,184 $19,471 $19,763 $20,060 Planning 101-6032-540 9601 $8,355 $8,480 $8,608 $8,737 $8,868 Animal Control 101-8033-531 9601 $7,257 $7,366 $7,476 $7,588 $7,702 Recreation 101-7051-550 9601 $11,496 $11,668 $11,843 $12,021 $12,201 Parks 101-7052-550 9601 $102,525 $104,063 $105,624 $107,208 $108,816 Streets 101-8033-531 9601 $153,771 $156,078 $158,419 $160,795 $163,207 General Fund Total:$942,035 $956,166 $970,508 $985,066 $999,842 City Engineer 501-8066-531 9601 $5,556 $5,639 $5,724 $5,810 $5,897 Water Production 501-8071-531 9601 $16,756 $17,007 $17,262 $17,521 $17,784 Water Distribution 501-8072-531 9601 $16,406 $16,652 $16,902 $17,155 $17,413 Sewer & Treatment 501-8073-531 9601 $39,964 $40,563 $41,172 $41,789 $42,416 Water and Sewer Fund Total:$78,682 $79,862 $81,060 $82,276 $83,510 Fleet Services 504-5090-519 9601 $4,869 $4,942 $5,016 $5,091 $5,168 Drainage Utility 510-8029-531 9601 $2,791 $2,833 $2,875 $2,918 $2,962 Texas Star Sports Complex 530-7050-550 9601 $3,582 $3,636 $3,690 $3,746 $3,802 Texas Star Golf Course 540-7060-550 9601 $270,766 $274,827 $278,950 $283,134 $287,381 Texas Star - EDC Funded 210-1052-550 9601 $5,803 $5,890 $5,978 $6,068 $6,159 City Total: $1,308,528 $1,328,156 $1,348,078 $1,368,299 $1,388,824 NOTE: Transfer amounts are purely speculative. The true cost of purchases will effect final transfer amounts. 228