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HomeMy WebLinkAboutItem 01 - Budget viE�T F: S ' f S FWD .f FY20 City Manager ' s Proposed Budget presented by Greg Jordan August $ 2019 GRAS VI@E Budget Agenda : Workshop Gather input/feedback Outline budget priorities & highlights Economic Overview Fund-by-fund overview z I�E *T C . x �'�1•.t. Budget Priorities & Highlights : Maintenance Budget Sustainability Compensation at 50th percentile Continuity of service (Quality of Life Transfer, Permanent Capital programs , vehicle replacement) Unfunded mandates — loss of franchise fee revenue , DFW revenue share VIN E. Budget Pr� or�t� es & Highlights � . CNN,: FY20 General Fund Compensation (Fire and General employees) $900,000 CCPD Transfer 350,000 State Mandated DFW Revenue Share 300,000 Full Restoration of the PCMF Transfer 259,000 Landscape maintenance 240,000 Retail items for Parks with offsetting revenue 200,000 Hardware maintenance at Public Safety Building 180,000 Economic Development Incentive 50,000 Community Distributions 30,000 Total $295099000 Loss of • Reduced franchise fees per SB 1152 ($500,000) (loss of revenue is equal to 4% of Ad Valorem revenue VIN E. Compensation : .0 General 2% N/A 3% 5% Police & Fire N/A 3% or 5% 3% 6% or 8% Max of • - • - • • General N/A N/A 3% 3% Police & Fire N/A N/A 3% 3% *All employees must successfully pass the annual evaluation to receive Merit/Step increases I E p . Com ensat■� on { Fund Perspective Compensation • Medicare Budget1 • • • - • - General Fund $29,045,806 $29,994,366 $948,560 3.3% CVB 5,578,876 5,902,216 323,340 5.8% Storm Drainage Utility 529,980 537,235 7,255 1 .4% CCPD 11 ,431 ,276 12,180,584 749,308 6.6% Lake Parks 297,442 340,681 43,239 14.5% Economic Development 493,629 510,426 16,797 3.4% Water & Sewer 3,494,619 3,685,157 190,538 5.5% Golf 1 ,229,676 1 ,277,942 48,266 3.9% Grand Total $52,101 ,304 $5494289607 $293279303 4.5% Property Tax Budget Highlights r�' �N °N� Property Tax . FY1 9 Property Tax rate is 0 . 289271 per $ 100 of valuation . Proposed budget recommends a half-cent reduction to the property tax rate . New rate $0. 284271 I . Property Tax � �E�� Rate by Jurisdiction Grapevine Prop Tarrant County 0.284 .28 0.234 TC Hospital 10% 0.224 10% TC College 0.136 6% GCISD 1 .397 61 % Based on FY19 Adopted Budgets, Grapevine FY20 Proposed 9 VIN E. General Fund { Ad Valorem Sources Value Detail ad Real Estate Residential 35.05% Real Estate Commercial 42.21 % Real Estate Industrial 0.38% Personal Property Commercial 21 .76% Personal Property Industrial 0.59% Mineral Lease Properties 0.01 % Total Value 100.00% Based July 2019 TAD values w' 'r +� EGeneral Fundi .0641104-1 I } * Total Tax Rate 0.900 0.800 0.785 0.700 0.635 0.600 0.562 0.585 0.500 0.413 0.439 0.446 0.447 0.463 0.400 0.321 0.300 0.284 0.200 0.100 a o �9�o , ooh �'b yU�s Based on FY19 Adopted Budgets, Grapevine FY20 Proposed 11 VIN E. General Fund { M&O Rates 0.90 0.80 0.70 0.63 0.60 0.50 0.44 0.40 0.30 0.33 0.33 0.34 0.34 0.35 0.36 0.37 0.30 0.20 0.14 0.10 d I■ G), C'o 'Lo '�o �o '�io so F� '9,y, o '%� ��°'` °'�''� 9'� loss �3 0%, h oo 01 Based on FY19 Adopted Budgets, Grapevine FY20 Proposed 12 VIN E. General Fund { I &S Tax Rate 0.90 0.80 0.70 0.60 0.50 0.40 0.30 0.22 0.26 0.20 0.14 0.16 0.19 0.08 0.09 0.09 0.09 0.11 0.10 0.02 A c" � � ��'%o °� �°b C�� °'�` I'z. ss �°� '�.L �'�°L; �° g�°� °meq. �•p. b Based on FY19 Adopted Budgets, Grapevine FY20 Proposed 13 w' 'r +� EGeneral Fundi .0611104-1 I ab"O Home Prices (average market value ) 900,000 800,000 700,000 600,000 500,000 400,000 369,307 300,000 200,000 100,000 � Based on FY19 Adopted Budgets, Grapevine FY20 Proposed 14 VIN E. General Fund { Home Prices (avg . net taxable value) 700,000 600,000 500,000 400,000 300,000 275,247 200,000 100,000 >9�0 �.a�G .a�� %oma, ��� %o�� ��,�X. � 1� Based on FY19 Adopted Budgets, Grapevine FY20 Proposed VIN E. General Fund { Average Household Tax Bill $3,000 $2,678 $2,500 $1 ,531 $1 ,794 539 $2,000 $1 ,236 $1 ,773 $17500 $1253 470 94 378 $17175 $1 ,253 286 377 $989 247 $17000 $782 $847 518 479 2,139 6 299 M1 ,679 1 416 $500 1 005 1 ,184 1 ,153 690 657 757 ' $0 m i o 0 o 0 0 0 0 0. .a q' s ■ M&O Tax Bill I&S Tax Bill Tax Bill Based on FY19 Adopted Budgets, Grapevine FY20 Proposed 16 IE General Fund Hypothetical Tax Bill (All home values = $2757247) } $2,500 $2,161 $2,000 $1 ,747 $1 ,547 $1 ,610 $1 ,500 $17137 $17208 $17229 $17230 $17273 $17000 $782 $883 $500 Q�o� OV °`mot '§a �`�� `��o `°�5 �0 ���5 ��o� °fir o � �oJ Based on FY19 Adopted Budgets, Grapevine FY20 Proposed VIN E. General Fund { Sales Tax History $35,000,000 $30,000,000 29,616,580 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 5,635,127 $0 X 0 90 0� 01 07 00 00 70 p 77 70 70 1 P �0 Z, 5190, 18 VIN E. General Fund { Property Tax History FY96-FY1 8 0.450 0.430 0.410 0.390 0.370 _ 0.350 0.330 0.310 0.290 0.284 0.270 0.250 9� 99 00 0`' 0� 00 00 70 7`' 7� 70 7� �O .bO 19 VIN E. General Fund { 1 /2 Penny on Tax Rate Homeowner Impact • • Taxable Value Reduction • the Average "MIAL Citizen Avg. Net Taxable Value $275,247 $275,247 Tax Rate 0.289271 0.284271 (.005 ) Average Tax Bill $796 $782 ($14) General • Impact 1/2 Penny Annual Change Reduction to the General j M� M—, • FY20 Net Taxable $9,111 ,845,629 $9,111 ,845,629 Value M&O Rate (Proposed) 0.146579 0.141579 (.005) General Fund Revenue $13,356,052 $12,900,460 ($455,592) 20 -VIN E. Annual Growth { Comparison Cities FY1 5 — Present 60% 50% 40% 30% Irving, 30% 20% Colony, 19% 10% -c oppell, 13% 0% a -10% -20% -30% FY15 FY16 FY17 FY18 FY19 Proj Grapevine Arlington Bedford Colleyville Carrollton Coppell Dallas Euless Fort Worth Irving Southlake The Colony 21 VIN E. Average Annual Growth { Comparison Cities FY1 5 — Present 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1 .0% 0.0% FY15 FY16 FY17 FY18 FY19 Proj 22 Budget Overview All Funds VINE. All Funds Summary Expenditures CVB Incentives Economic Dev Lake Parks 4,996,210 4,527,073 Golf 2,920 ,340 3% 2% 3,198,262 2% Stormwater 1 2% 1 ,403,131 4-13 - Trinity 1 % Metro 11 ,106,218 6% General Fund 71 ,054,689 Debt Service 39% 15,705,883 9% CVB 22,556,423 Water & Sewer CCPD 13% 23,948,788 18,428,614 13% 10% $17998469631 24 VINE. All Funds Summary Expenditures �Mqff Change General Fund $67,724,922 $71 ,054,689 4.9% Water & Sewer 23,695,775 23,948,788 1 .1 % CVB 22,256,698 22,556,423 1 .3% CCPD 17,688,130 18,428,614 4.2% Debt Service 15,989,541 15,705,883 -1 .8% 4-13 - Trinity Metro 10,833,750 11 ,106,218 2.5% CVB Incentives 5,286,581 4,996,210 -5.5% Economic Dev 3,761 ,250 4,527,073 20.4% Golf 3,222,400 3,198,262 -0.7% Lake Parks 2,755,632 2,921 ,340 6.0% Stormwater 1 ,419,312 1 ,403,131 -1 .1 % Total $174,633,991 $179,846,631 3.0% 25 General Fund (Tab 1 ) VIN E. General Fund { Revenue Highlights • Revenues FY17Actual FY18 Actual FY19 • • 1 Prop. Ad Valorem Taxes $9,655,982 11 ,332,790 11 ,165,766 $13,043,001 Sales Taxes 27,153,906 28,286,627 28,890,000 29,616,580 Mixed Beverage Taxes 1 ,733,258 1 ,792,674 1 ,800,000 2,057,000 Franchise Fees 6,602,482 6,893,151 6,983,718 6,906,950 Licenses & Permits 1 ,910,170 1 ,631 ,113 1 ,926,304 1 ,924,422 Charges for Services 11 ,414,297 12,535,663 8,974,699 9,134,928 Intergovernmental 249,243 321 ,081 432,690 697,687 Fines and Forfeitures 1 ,789,779 1 ,582,456 1 ,800,452 1 ,728,702 Miscellaneous 3,167,512 3,486,795 1 ,242,400 1 ,409,000 Transfers In 5,035,320 4,082,178 4,508,893 4,536,419 Total $68,711 ,948 $7199449529 $6797249922 $71 ,054,689 27 VIN E. General Fund { Revenues by Source p. 1 Revenues $7110541689 Intergovernmental Miscellaneous Licenses & Permits 697,687 1 ,409,000 1 ,924,422 Mixed Beverage 1% 2% 3% 2,057,000 3% Fines & Forfeitures 1 ,728,702 Sales Taxes2% 29,616,580 42% Transfers In 4,536,419 6% Ad Valorem Services 13,043,001 18% Franchise Fees 9,134,928 6,906,950 13% 10% 14 28 VIN E. General Fund { Expenditures by Category p. 1 r Expenditures $7110541689 Maintenance Capital Outlay 1 ,452,632 Supplies 105,000 2% 3,350,597 0% 5% Transfers Out 10,515,828 Personnel 15% 34,466,915 - WL 48% Services 12,271 ,761 17% Insurance 8,891 ,956 or 13% 00 29 w' 'r +� EGeneral Fundi I Distribution by Department/Function Mayor & Council $149,922 0.2% City Secretary $435,547 0.6% rc' Human Resources $812,355 1 .1% ;i Capital Vehicle Replace $830,004 1 .20/(0 = r LO Development Services $1 ,517,986 2.1% Library $2,139,312 3.0% x= Police (Admin,Animal ctrl) $2,282,510 3.2% -• f ` Fiscal Services $2,737,459 3.9% . Transfer to QOL $3,000,000 4.2% Transfer to PCMF $3,279,000 4.6% Transfer to CCPD $3,406,824 4.8% j * CO CMO, IT, Non-Dept. $5,790,856 8.1% Public Works $9,251 ,688 13.0% t _ Risk Mgmt/Insurance $9,344,373 13.2% Parks $11 ,965,977 16.8% Fire $14,092,876 19.8% Total $71,054,689 100% 30 w' ' °a'��EGeneral Fund �T I � l,**;f City Manager's Office & IT p. 5 " Budget $3,015,862 $3,265,142 $249,280 8.27% FTE 14.5 15.5 1 .0 6.89% . Maintenance costs increase by $ 182 ,627 primarily due to IT service agreements for pre-existing systems . Vacant position moved from Finance to IT to provide for one Security Analyst w' 'r°a'��EGeneral Fund � b"OM Non-Departmental p. 13 " M 9 Adopt FY20 Prop 011111E��L Change % Budget $11 ,397,883 $13,041 ,542 $1 ,643,659 14.4% FTE 0.0 0.0 0.0 0.00% . Increases include: . Vehicle Replacement Fund $830, 004 . CCPD $350, 194 . PCMF restoration $259, 000 . DFW revenue share $300, 000 . Economic Development $50, 000 . Community Distributions $30, 000 32 GRAS VI@E General Fund T ��� Mayor and Council p. 15 Budget $142,601 $149,922 $7,321 5.13% FTE 0.0 0.0 0.0 0.00% Budget remains relatively flat with no material changes 33 GRAS VI@E General Fund T ��� City Secretary's Office p. 17 Budget $440,634 $453,547 $12,913 2.93% FTE 4.0 4.0 0.0 0.00% Budget remains relatively flat with no material changes 34 W' 'r°a'��EGeneral Fund � b"OM Human Resources p.20 " Budget $819,578 $812,3557,223) -0.88% FTE 5.0 5.0 0.0 0.00% . Budget remains relatively flat with no material changes 35 W' ' °a'��EGeneral Fund �T I � b"**;f Fiscal Services p. 24 " 16..FY1 9 Adopt., '7Y20 Prop 011110��L Change % Budget $12,096,824 $12,081 ,832 ($14,992) -0.12% FTE 24.0 23.0 -1 .0 -4.16% . Transferred one vacant purchasing position to City Manager's Office, IT for network security 36 GRAS VI@E General Fund T ��� Police p. 36 Budget $2,346,761 $2,282,510 ($64,251) -2.74% FTE 16.0 16.0 0.0 0.00% . Budget remains relatively flat with no material changes . Operating Supplies decrease in Animal Control during construction of new clinic 37 w' ' °a'��EGeneral Fund �T I � Fire p.43 Budget $13,983,342 $14,092,876 $109,534 0.78% FTE 106.0 106.0 0.0 0.00% . Overtime reduces by $ 160, 824 based on current trend . Salaries, Medicare, and TIVIRS increase by $219, 539 over current year budget 38 w' 'r°a'��EGeneral Fund � Parks and Recreation p.62 Budget $11 ,012,177 $11 ,965,977 $953,800 8.66% FTE 55.5 55.5 0.0 0.00% . Salary and TIVIRS costs increase $368, 385 due to comp plan . Part time labor increases by $ 100,460 based on current and past demand for services . Landscaping costs increases $240, 000 39 w' 'r +� EGeneral Fundi I ab"O Library p. 89 • Adopt 1 • • • - • - ' , Budget $2,052, 174 $2, 139,312 $87, 138 4.25% FTE 12.0 12.0 0.0 0.00% Proposed budget increases primarily due to the comp plan 40 v' ' °a'��EGeneral Fund �T I � Public Works p. 93 Budget $8,947,993 $9,251 ,688 $303,695 3.39% FTE 62.0 62.0 0.0 0.00% . Proposed budget increases $217,420 due to the comp plan . Building maintenance and janitorial contractual costs increase $82 , 600 as a function of additional square footage during the last few years w' 'r°a'��EGeneral Fund � Development Services p. 114 Budget $1 ,469,093 $1 ,517,986 $48,893 3.33% FTE 15.0 15.0 0.0 0.00% . Proposed budget increases primarily due to the comp plan 42 GRAS VI@E General Fund T ��� PCMF/PSMF p. 125 Budget 3,279,000 3,279,000 - 0.00% Use of Reserve 235,000 - (235,000) -100.00% FTE 0.0 0.0 0.0 0.00% FY20 fully restores the transfer to PCMF/PSMF No use of reserves General Fund transfers $3,279, 000 43 Special Revenue Funds (Tab 2 ) VIN E Convention & Visitors vd Bureau Fundp . 1 r FY20 Revenue $2310251381 Visitor Shuttle Misc. Transfers In Sales & Merch 90,000 356,173 451 ,062 748,800 Interst Income 0.4% 2% 2% 3% 181 ,550 Facility Rental 0.8% 815,000 3% Train Ops 2,100,000 9% HOT Festivals 14,782,796 3,500,000 64% 15% 45 VIN E Convention & Visitors Bureau Fundp . 1 Revenues $22,291 ,056 $23,025,381 $734,325 3.29% Expenditures 221256,698 22,556,423 299,725 1 .35% Surplus/(Gap) $34,358 $468,958 $434,600 1264.92% FTE 69.0 69.0 - - 46 GRA °a'� IE Convention & Visitors �rT ,: : " -� �� Bureau Fund p . 1 Revenues increase $734, 325 Festival expenses increase $ 154,285 Train expenses increase $35, 500 Personnel increases $265, 342 for compensation 47 GRAS VI@E Convention & Visitors Bureau Incentives Fund p . 26 JEW."me momm, m ffle � ����Emm Revenues $5,286,581 $4,996,210 ($290,371) -5.49% Expenditures 5,286,581 4,996,210 (290,371) -5.49% Surplus/(Gap) $0 $0 $0 0.00% FTE 0.0 0.0 0.0 0.00% Slight decrease based on future projections 48 �p* VIN E. Storm Water Utility Fund p - 30 � 4 FY1 9 Adopt1 • • • - • - ' , Revenues $1 ,444,000 $1 ,470,000 $26,000 1 .80% Expenditures 174197312 174037131 (167181 ) -1 . 14% Surplus/(Gap) $247688 $667869 $427181 170.86% FTE 8.0 8.0 0.0 0.00% FY20 Proposed Budget remains relatively flat with no material changes 49 VIN E. CCPD Fund p - 36 � . N..EY1 9 Adopt Revenues $17,688, 130 $18,428,614 $740,484 4. 19% Expenditures 17,688, 1300 18,428,614 740,484 4. 19% Surplus/(Gap) $0 $0 $0 0.00% FTE 131 .0 131 .0 0.0 0.00% Transfer from General Fund increases by $350 , 194 to $3 ,406 , 824 Budget increase primarily due to comp 50 VIN E. Lake Parks Fund p - 52 � . EEL FY1 9 Adopt Revenues $2,873,000 $2,969,800 $96,800 3.37% Expenditures 277557632 279217340 1657708 6.01 % Surplus/(Gap) $1177368 $487460 ($687908) -58.71 % FTE 4.5 4.5 0.0 0.00% I�E *T C . X �'�1•.t. Lake Parks Fund p . 52 . Lake Parks projected to deliver a modest return to fund balance $48 ,460 . Camping revenues increase by $ 100, 000 . Go Wild Program and and Field Trip revenues increase by $3, 000 . Personnel related costs increase $43, 239 due primarily to the comp plan and full-year funding of concession specialist approved in FY19 budget 52 VIN E. 4B Transit Fund p . 80 � . N..EY1 9 Adopt Revenues $10,843,750 $11 , 116,218 $272,468 2.51 % Expenditures 10,833,750 1171067218 2727468 2.51 % Surplus/(Gap) $107000 $107000 $0 0.00% FTE 0.0 0.0 0.0 0.00% Revenues increase consistent with Sales Tax forecast Visitor Shuttle transfer increases $6 ,452 53 E Economic Development STT E li Fundp - 85 } Revenues $3,761 ,250 $4,527,073 $765,823 20.36% Expenditures 3,761 ,250 4,527,073 765,823 20.36% Surplus/(Gap) $0 $0 $0 -100.00% FTE 3.5 3.5 0.0 0.00% Sales Tax revenue ( 1 /8 cent) increases consistent with current growth patterns Community distributions increases commensurate with revenues Economic development increases $ 18 , 914 primarily due to the comp plan 54 Enterprise Funds (Tab 3 ) -NIN I E *T C . X �'�1•.7. Utility Fund p . 1 ffi.fY1 9 Adopt Revenues $24,280,000 $24,480,500 $200,500) 0.83% Expenditures 23,695,775 23,857,288 161 ,513 0.68% Surplus/(Gap) $584,225) $623,212 $38,987 6.67% FTE 51 .0 51 .0 0.0 0.00% . Budgeted surplus of $623k . Interest income projected to increase $ 180, 000 due to increasing investment yields . Salaries and TIVIRS increases $ 166, 807 due to comp plan 56 VIN E. Golf Fund p - 25 � . Revenues $3,222,400 $3, 198,262 ($24, 138) -0.75% Expenditures 3,222,400 3, 198,262 (24, 138) -0.75% Surplus/(Gap) $0 $0 $0 0.00% FTE 13.0 13.0 0.0 0.00% 57 Golf Fund p . 25 T E :X .'A 9� . Salaries and TIVIRS increase $46, 580 or 3. 9% due to the comp plan . Capital outlay expenses decrease by $ 166, 370 due to completion of FY1 9 cart replacement program 58 viE�T F: S ' f S FWD .f FY20 City Manager ' s Proposed Budget presented by Greg Jordan August $ 2019 Compensation • - • ' Budget ' , Change General Fund 29,045,806 29,994,366 948,560 3.3% City Manager's Office 1 ,803,987 1 ,970,938 166,951 9.3% City Council 26,115 26,405 290 1 .1 % City Secretary 319,857 335,250 15,393 4.8% Human Resources 577,826 571 ,188 (6,638) -1 .1 % Fiscal Services 1 ,637,069 1 ,525,417 (111 ,652) -6.8% Court 514,218 529,962 15,744 3.1 % Fleet 823,781 855,015 31 ,234 3.8% Insurance 259,922 262,963 3,041 1 .2% Building Services 744,987 764,880 19,893 2.7% Police 1 ,897,491 1 ,822,811 (74,680) -3.9% Fire 11 ,168,526 11 ,388,065 219,539 2.0% Parks and Recreation 3,705,886 4,074,271 368,385 9.9% Library 1 ,042,683 1 ,129,296 86,613 8.3% Public Works 3,213,599 3,379,892 166,293 5.2% Development Services 1 ,309,859 1 ,358,013 48,154 3.7% CVB 5,578,876 5,902,216 323,340 5.8% Storm Drainage Utility 529,980 537,235 7,255 1 .4% CCPD 11 ,431 ,276 12,180,584 749,308 6.6% Lake Parks 297,442 340,681 43,239 14.5% Economic Development 493,629 510,426 16,797 3.4% Utility Enterprise Fund 3,494,619 3,685,157 190,538 5.5% Golf 1 ,229,676 1 ,277,942 48,266 3.9% Grand Total 52,101 ,304 54,428,607 2,327,303 4.5% 61