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HomeMy WebLinkAboutItem 04 - FY2013-2014 BudgetMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: MEETING DATE: SEPTEMBER 3, 2013 SUBJECT: PUBLIC HEARING ON THE FY 2013 -2014 BUDGET RECOMMENDATION: City Council conduct a public hearing on the proposed FY2013 -2014 annual budget. The budget contains fund expenditures in the following amounts: General Fund $58,339,600 Municipal Court Technology Fund 35,857 Convention & Visitors Bureau Fund 19,754,407 Stormwater Drainage Fund 2,362,410 Crime Control & Prevention District Fund 13,730,075 Lake Parks Special Revenue Fund 2,109,711 4B Economic Development Fund 9,204,163 Debt Service Fund 14,428,596 Utility Enterprise Fund 22,389,885 Lake Enterprise (Golf) Fund 3,389,586 General Permanent Capital Maintenance Fund 1,251,000 Permanent Street Maintenance Fund 1,558,000 Community Quality of Life Capital Projects 2,854,057 Streets, Drainage & Traffic Capital Projects 5,252,113 Buildings & Facilities Capital Projects 16,939,871 Water & Wastewater Capital Projects 9,757,225 Capital Equipment Acquisitions 1,886,000 1m ol rT:7i1 ►»i Pursuant to the Charter of the City of Grapevine, Texas, Section 907, a public hearing on the annual budget shall be held to allow all interested persons to be heard for or against any item or the amount of any item therein contained. The public hearing shall commence on September 3 and final action on the budget shall be taken at a special meeting on September 10. A copy of the proposed FY 2014 budget summary is attached. August 28, 2013 (3:17PM) CITY OF GRAPEVINE, TEXAS FY 2013 -14 PROPOSED OPERATING BUDGET SUMMARY OF ALL FUNDS - Budget At -A-Glance - 2010 -11 2011 -12 2012 -13 2012 -13 2013 -14 EXPENDITURES BY FUND: Actual Actual Budget Estimate Proposed General 52,891,216 52,955,391 56,639,937 56,218,449 58,339,600 Municipal Court Technology 619 82,217 39,910 40,160 35,857 Convention & Visitors Bureau 16,906,724 18,118,924 20,620,973 18,984,871 19,754,407 Stormwater Drainage 11016,752 1,581,928 2,863,088 2,541,943 2,362,410 Crime Control & Prevention 11,878,360 12,534,979 13,223,004 13,404,445 13,730,075 Lake Parks 1,919,569 1,765,262 1,753,462 1,788,445 2,109,711 4B Transit & Economic Development 8,211,548 8,408,691 8,327,728 8,875,245 9,204,163 Community Quality of Life 192,408 1,720,976 5,756,750 6,095,577 2,854,057 Debt Service 12,117,919 10,465,668 10,733,150 18,215,769 14,428,596 Capital /Street Maintenance 11323,210 2,084,574 2,809,000 2,391,100 2,809,000 Utility Enterprise 20,847,037 19,455,155 22,640,111 22,815,814 22,389,885 Lake Enterprise (Golf) 3,308,608 3,599,758 3,446,099 3,289,892 3,389,586 Streets, Drainage & Traffic Capital Projects 1,795,222 381,703 3,414,445 1,028,913 5,252,113 Buildings & Facilities Capital Projects 7,097,688 1,363,879 668,817 1,967,232 16,939,871 Water & Wastewater Capital Projects 1,887,701 1,076,725 3,855,000 2,570,235 9,757,225 Capital Equipment Acquisition 1,906,750 3,145,379 5,191,190 5,191,190 1,886,000 TOTAL 143,301,330 138,741,209 161,982,664 165,419,280 185,242,556 2010 -11 2011 -12 2012 -13 2012 -13 2013 -14 PERSONNEL BY FUND: Actual Actual Budget Estimate Proposed General 346.85 346.58 346.12 349.24 352.13 Special Revenue 0.60 0.60 0.60 0.60 0.60 (2) Convention & Visitors Bureau 75.09 75.09 76.86 76.86 80.36 Stormwater Drainage 8.00 8.00 8.00 8.00 8.00 Crime Control & Prevention 120.43 120.43 122.43 122.43 122.43 Lake Parks 1.69 1.69 2.69 2.69 2.69 Utility Enterprise 51.04 51.04 51.04 51.04 52.04 Lake Enterprise (Golf) 26.14 26.14 26.14 26.14 26.14 TOTAL 629.84 629.57 633.88 637.00 644.39 (I) In fi111 -time equivalents (2) Finding for Municipal Court Bailiff (24 hours per week) is provided by Municipal Court Security Fee Revenues, which were collected prior to 2011, but are not a current revenue stream.