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HomeMy WebLinkAboutItem 03 - FY09-10 Budget ITEM 0 -3 MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL _ Vi FROM: BRUNO RUMBELOW, CITY MANAGER �. = a MEETING DATE: SEPTEMBER 1, 2009 SUBJECT: PUBLIC HEARING ON THE FY 2009-2010 BUDGET RECOMMENDATION: That the City Council conduct a public hearing on the proposed FY2009-2010 annual budget. The budget contains fund expenditures in the following amounts: General Fund $51,159,144 Utility Enterprise Fund 20,671,420 Debt Service Fund 13,660,688 Convention & Visitors Bureau Fund 18,142,482 Lake Enterprise Fund 3,184,039 Streets & Drainage Capital Projects 7,449,104 Permanent Street Maintenance Fund 1,530,000 General Permanent Capital Maintenance Fund 825,000 Utility Permanent Capital Maintenance Fund 750,000 Stormwater Drainage Fund 1,637,421 Lake Parks Fund 1,186,312 Water and Wastewater System Capital Projects 4,965,881 4B Fund 8,224,857 Crime Control & Prevention District Fund 12,486,361 Community Quality of Life Fund 1,400,000 Buildings & Facilities Capital Projects 5,587,000 Traffic Improvements Capital Projects 1,727,448 Capital Equipment Acquisitions 1,914,669 BACKGROUND: 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 1, 2009 and final action on the budget shall be taken at a special meeting on September 8, 2009. A copy of the proposed FY10 budget summary is attached hereto. FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE GENERAL FUND 2005-06 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Actual Budget Estimate Proposed BEGINNING FUND BALANCE: 5,270,637 6,594,642 8,229.112 8,918,614 8.918,614 8,757,601 OPERATING REVENUE: Ad Valorem Taxes 6,761,882 6,221,669 7,491.597 7.567.717 7.476,623 7,567,717 Sales Taxes 19,993,129 21.212.479 22.922,623 23.400.000 21,256.828 21,250.000 Mixed Beverage Taxes 952,072 1.127,730 1.294.801 1.300.000 1,208,127 1.202,000 Franchise Fees 5,945,408 6.191.153 6.295,317 6,225.000 6.469,350 6,179.086 Licenses&Permits 1,519,263 1.757,395 1.220,657 1.379.331 1.007,361 1,003.821 Charges for Services 4,247,343 5,575,360 7,322,278 7,261.175 7.017,493 7,572,069 Intergovernmental 141,121 104,976 246,105 78,552 75.627 78,639 Fines and Forfeitures 1,859,773 1,606.562 2.197,098 2.060,125 2,087,502 2,243,528 Miscellaneous 1,086,238 1,119,170 1,447,793 980,582 1,078.755 970,579 Total Operating Revenue 42,506,230 44,916,495 50,438,268 50,252,482 47.677,665 48.067,439 TRANSFERS IN: Admin.Fee-Utility Fund 1,522,459 1,300,193 1.440.790 1.494,592 1,477,547 1,487,894 Admin.Fee-CVB Fund 757,804 807,294 974,195 1.026,078 745,468 915,864 Admin.Fee-Lake Ent.Fund 218,057 204,732 216.025 203,044 221,078 254,360 Administrative Fee-SDUS 100,754 104,382 102.383 103.595 240,679 234,368 Administrative Fee-4B Fund 0 0 264,173 219.375 199.283 199.219 Total Transfers In 2,599,074 2,416,601 2.997,567 3.046,684 2,884.055 3,091.705 TOTAL REVENUE AND TRANSFERS 45,105,304 47,333,096 53,435,835 53,299.166 50,561,720 51,159,144 OPERATING EXPENDITURES: Personnel 27,073,777 25.188,112 22.393,316 24.648,980 24.029.806 24,993,444 .- Supplies 2,654,741 2,145.309 2,194,098 2,432.619 2.220.911 2,366,763 Maintenance 834,750 689,222 836.135 709,496 650.420 693.269 Services 6,319,651 6,321.325 7,100.960 7.297,871 7.180.240 7.422.999 Capital Outlay 26,076 14.470 38.212 0 54,234 0 Insurance 6,324,153 6.875,320 8.065.866 7.871.153 7,599,672 7,728.453 Contingency for Attrition 0 0 0 0 0 (499,869) Total Operating Expenditures 43,233,149 41,233,758 40.628.588 42.960.119 41.735,284 42.705,059 TRANSFERS OUT: To Permanent Capital Maintenance 337,500 229,175 675.076 819,000 819,000 785,000 To Permanent Street Maintenance 200,000 370,000 1,180,000 1,380.000 1,380.000 1.530.000 To Capital Equipment Acquisition Fund 10,650 165 1.762.669 1.688,450 1,688,450 429.085 To Community Quality of Life Fund 0 3,861,529 8.500.000 6,000,000 4,000,000 4.260,000 To Crime Control&Prevention District Fund 0 0 0 0 1,100,000 1,450,000 Total Transfers Out 548,150 4,460.869 12.117,745 9.887,450 8,987.450 8.454,085 TOTAL EXPENDITURES AND TRANSFERS 43,781,299 45,694,626 52,746,333 52,847.569 50.722,734 51,159,144 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: 1,324,005 1.638,469 689,502 451.597 (161.013) 0 ENDING FUND BALANCE: 6,594,642 8,233,112 8,918,614 9,370,212 8,757,601 8,757,601 FUND BALANCE REQUIREMENT: 7,106,819 8,133.782 8.014.406 8.474.325 8,232,713 8.424.012 *Fund balance requirement is 20%of total budgeted expenditures(72 days of operation). The FY 2009-10 projected Ending Fund Balance represents 20.5°/af total budgeted expenditures(75 days of operation). I FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE CONVENTION AND VISITORS BUREAU FUND 2005-06 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Actual Budget Estimate Proposed 'BEGINNING FUND BALANCE: (220,755) 1,946,249 2,656,890 3,409,157 3,409,157 2,804,112 OPERATING REVENUE: Occupancy Taxes 9,194,033 10,125,868 11,841,930 13,149,434 9,150,000 11,519,136 Facility Rental Income 417,464 395,532 482,777 802,000 717,000 838,000 Interest Income 41,830 73,878 61,238 35,000 16,000 26,000 Sales&Merchandise 247,134 245,164 265,749 336,600 304,000 350,000 Train Operations 1,168,858 1,086,106 1,185,655 1,380,090 1,353,000 1,438,372 Festivals&New Vintage 2,636,625 2,996,544 2,760,186 2,750,000 2,245,349 2,926,276 Visitor Shuttle System 0 0 0 0 0 512,553 Miscellaneous Income 285,845 307,601 690,659 208,900 228,219 197,105 Total Operating Revenue 13,991,788 15,230,694 17,288,195 18,662,024 14,013,568 17,807,442 TRANSFERS IN: 0 0 0 0 0 0 (TOTAL REVENUE AND TRANSFERS 13,991,788 15,230,694 17,288,195 18,662,024 14,013,568 17,807,442 OPERATING EXPENDITURES: Personnel 2,914,095 3,533,132 4,205,618 4,734,565 4,706,961 4,860,026 Supplies 2,328,270 3,318,792 5,964,780 5,588,942 3,518,841 4,975,662 Maintenance 162,554 318,187 219,316 267,852 233,939 262,452 Services 2,425,101 2,949,991 3,940,456 5,079,300 4,375,514 5,184,318 A:. Festivals&New Vintage 2,648,026 2,512,866 98,300 0 26,729 0 Capital Outlay 41,879 425,209 319,861 141,000 47,054 0 Total Operating Expenditures 10,519,925 13,058,176 14,748,331 15,811,659 12,909,038 15,282,458 TRANSFERS OUT: Transfer to General Fund-Admin Fee 757,804 807,294 974,195 1,026,078 745,468 915,864 Transfer to GTRP Fund 0 0 50,000 0 25,000 Trans.to Debt Service Fund 10,933 86,583 261,142 1,253,678 605,678 1,833,451 Transfer to Capital Projects Fund 535,472 568,000 432,217 327,000 327,000 0 Transfer to Permanent Capital Maintenance 0 0 166,400 4,220 30,000 Transfer to Capital Equip Acquisition Fund 0 0 0 0 28,500 Transfer to Historic Preservation Fund 650 0 120,043 27,209 27,209 27,209 Total Transfers Out 1,304,859 1,461,877 1,787,596 2,850,365 1,709,575 2,860,024 TOTAL EXPENDITURES AND TRANSFERS 11,824,784 14,520,053 16,535,928 18,662,024 14,618,613 18,142,482 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: 2,167,005 710,641 752,267 0 (605,045) (335,040) ENDING FUND BALANCE: 1,946,249 2,656,890 3,409,157 3,409,157 2,804,112 2,469,072 FUND BALANCE REQUIREMENT: 1,729,303 2,146,550 2,424,383 2,599,177 2,122,034 2,512,185 *Fund balance requirement is 16.4%of total budgeted expenditures(60 days of operation). The FY 2009-10 Projected Ending Fund Balance represents 59 days of operation. FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE STORMWATER DRAINAGE UTILITY FUND 2005-06 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Actual Budget Estimate Proposed BEGINNING FUND BALANCE: 2,508,932 2,787,576 3,129,265 2,481,751 2,481,751 2,443,849 OPERATING REVENUE: Drainage Utility Fees 1,295,479 1,308,763 1,315,657 1,334,831 1,332,356 1,348,559 Interest Income 56,081 83,003 49,455 45,000 25,000 15,000 Interest Income-2000 C.O. 16,263 18,821 11,986 10,000 5,000 3,000 Miscellaneous 0 15,887 (1,841) 0 5,834 0 Total Operating Revenue 1,367,823 1,426,473 1,375,257 1,389,831 1,368,190 1,366,559 TRANSFERS IN: 0 0 0 0 0 0 TOTAL REVENUE AND TRANSFERS 1,367,823 1,426,473 1,375,257 1,389,831 1,368,190 1,366,559 OPERATING EXPENDITURES: Personnel 347,732 356,661 335,486 417,440 390,161 431,074 Supplies 36,021 30,617 58,324 96,719 42,000 59,700 Maintenance 95,692 144,235 199,410 0 105,000 105,000 Services 210,896 245,139 235,077 266,102 261,154 272,170 Capital Outlay 14,232 4,560 0 0 0 300,000 Total Operating Expenditures 704,574 781,213 828,298 780,261 798,315 1,167,944 TRANSFERS OUT: Transfer to General Fund-Admin Fee 100,754 104,382 102,383 103,595 240,679 234,368 Transfer to General Fund-Environmental Svcs 0 0 0 138,877 0 0 Transfer to Debt Service Fund 264,849 182,890 294,298 250,298 250,298 233,309 Transfer to Capital Projects Fund 19,002 14,895 796,187 0 0 0 Transfer to Equipment Acquisition Fund 0 0 0 115,000 115,000 0 Total Transfers Out 384,604 303,573 1,194,473 609,570 607,777 469,477 TOTAL EXPENDITURES AND TRANSFERS 1,089,179 1,084,785 2,022,771 1,389,831 1,406,092 1,637,421 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: 278,644 341,688 (647,514) 0 (37,902) (270,862) ENDING FUND BALANCE: 2,787,576 3,129,265 2,481,751 2,481,751 2,443,849 2,172,987 FUND BALANCE REQUIREMENT: 115,820 128,419 136,159 128,262 131,230 191,991 * Fund balance requirement is 16.4%of total budgeted expenditures(60 days of operation). The FY 2009-10 Proposed Ending Fund Balance represents 679 days of operation. FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE CRIME CONTROL&PREVENTION DISTRICT 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Budget Estimate Proposed BEGINNING FUND BALANCE: 0 796,790 324,598 324,598 339,402 OPERATING REVENUE: Sales Tax (1/2 cent) 5,110,813 10,743,333 11,700,000 10,628,234 10,625,000 Interest Income 15,660 55,097 66,016 25,000 25,000 Miscellaneous 6,250 850 0 0 0 Total Operating Revenue 5,132,723 10,799,281 11,766,016 10,653,234 10,650,000 TRANSFERS IN: Transfer from General Fund 0 0 0 1,100,000 1,450,000 Total Transfers In 0 0 0 1,100,000 1,450,000 TOTAL REVENUE AND TRANSFERS 5,132,723 10,799,281 11,766,016 11,753,234 12,100,000 OPERATING EXPENDITURES: Personnel 3,796,464 8,485,396 9,324,302 8,984,343 9,358,376 Supplies 312,275 575,130 675,218 526,652 639,452 Maintenance 54,257 117,034 134,400 128,000 122,800 Services 172,937 1,930,713 2,016,015 1,977,948 2,164,433 Capital Outlay 0 97,200 42,000 41,687 45,500 Total Operating Expenditures 4,335,933 11,205,473 12,191,935 11,658,630 12,330,561 TRANSFERS OUT: Transfer to Debt Service 0 0 79,800 79,800 155,800 Transfer to Capital Equip. Acquisition Fund 0 66,000 0 0 0 Total Transfers Out 0 66,000 79,800 79,800 155,800 TOTAL EXPENDITURES AND TRANSFERS 4,335,933 11,271,473 12,271,735 11,738,430 12,486,361 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: 796,790 (472,192) (505,719) 14,804 (386,361) ENDING FUND BALANCE: 796,790 324,598 (181,121) 339,402 (46,959) FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE LAKE PARKS SPECIAL REVENUE FUND 2005-06 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Actual Budget Estimate Proposed BEGINNING FUND BALANCE: 11,352 (230,239) (324,853) (781,334) (781,334) (773,813) OPERATING REVENUE: Boat Ramp Fees 119,786 68,436 162,934 140,000 140,000 150,000 Pavilion Fees 18,266 13,303 29,589 25,000 40,000 55,000 Camping Fees 167,641 396,338 482,788 590,000 650,000 730,000 Entrance Fees 12,282 10,038 36,731 30,000 90,000 230,000 Rental/Lease Income 0 0 54,000 107,360 (52) 0 Interest&Misc.Income 3,738 53,962 106,717 16,250 13,526 22,000 Total Operating Revenue 321,713 542,075 872,758 908,610 933,474 1,187,000 TRANSFERS IN: 0 0 0 0 0 0 TOTAL REVENUE AND TRANSFERS 321,713 542,075 872,758 908,610 933,474 1,187,000 OPERATING EXPENDITURES: Personnel 0 498 72,054 113,287 119,366 129,196 Supplies 47,587 89,294 181,610 60,800 76,057 79,000 Maintenance 159,213 75,627 136,958 17,500 28,500 26,000 Services 348,104 458,484 718,525 428,759 484,809 732,866 Capital Outlay 8,400 12,787 0 0 0 0 Total Operating Expenditures 563,304 636,690 1,109,147 620,346 708,732 967,062 TRANSFERS OUT: Transfer to Debt Service Fund 0 0 157,080 154,210 154,210 156,238 Transfer to Utility Fund 0 0 63,012 63,012 63,012 63,012 Total Transfers Out 0 0 220,092 217,222 217,222 219,250 TOTAL EXPENDITURES AND TRANSFERS 563,304 636,690 1,329,239 837,568 925,954 1,186,312 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: (241,591) (94,614) (456,481) 71,042 7,521 688 ENDING FUND BALANCE: (230,239) (324,853) (781,334) (710,292) (773,813) (773,125) 259 CITY OF GRAPEVINE,TEXAS STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE 4B ECONOMIC DEVELOPMENT FUND 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Budget Estimate Proposed BEGINNING FUND BALANCE: 0 1,455,972 4,660,533 4,660,533 4,049,110 OPERATING REVENUE: Sales Tax 5,503,577 11,557,866 11,700,000 10,628,414 10,625,000 Interest Income 25,346 89,898 66,016 101,967 92,500 Total Operating Revenue 5,528,923 11,647,764 11,766,016 10,730,381 10,717,500 TRANSFERS IN: 0 0 0 0 0 TOTAL REVENUE AND TRANSFERS 5,528,923 11,647,764 11,766,016 10,730,381 10,717,500 OPERATING EXPENDITURES: Supplies 0 3,030 0 0 0 Professional Services 47,911 66,711 150,000 100,000 75,000 Contractual Services-The T 4,025,040 8,101,419 8,398,496 7,953,193 7,950,639 Capital Outlay 0 7,870 0 3,089,328 0 Total Operating Expenditures 4,072,951 8,179,030 8,548,496 11,142,521 8,025,639 TRANSFERS OUT: Transfer to General Fund-Admin Fee 0 264,173 219,375 199,283 199,219 Total Transfers Out 0 264,173 219,375 199,283 199,219 TOTAL EXPENDITURES AND TRANSFERS 4,072,951 8,443,204 8,767,871 11,341,804 8,224,857 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: 1,455,972 3,204,560 2,998,145 (61 1,423) 2,492,643 ENDING FUND BALANCE: 1,455,972 4,660,533 7,658,677 4,049,1 10 6,541,752 RESERVES: Reserved for Economic Development Projects 460,003 992,333 992,333 992,333 Reserved for Train Station Improvements 1,455,972 4,200,530 6,666,344 3,056,777 5,549,419 Total Reserves 1,455,972 4,660,533 7,658,677 4,049,110 6,541,752 FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE DEBT SERVICE FUND 2005-06 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Actual Budget Estimate Proposed BEGINNING FUND BALANCE: 2,256,101 3,233,082 3,947,738 4,584,316 4,584,316 6,634,757 OPERATING REVENUE: Property Taxes-Current 10,455,518 11,640,928 11,795,972 11,382,147 12,553,239 10,413,916 Property Taxes-Delinquent 62,573 126,088 187,722 110,000 93,570 110,000 Interest Income 218,888 400,021 270,035 150,000 164,421 175,000 Total Operating Revenue 10,736,979 12,167,037 12,253,728 11,642,147 12,811,230 10,698,916 TRANSFERS IN: Transfer fromCVB Fund 10,933 86,583 261,142 254,599 904,600 1,506,150 Transfer from SDUS Fund 264,849 182,890 294,298 250,298 250,298 233,309 Transfer from CCPD Fund 0 0 0 0 79,800 155,800 Transfer from Lake Parks Fund 125,132 31,842 157,080 154,210 154,210 156,238 Transfer from Utility Fund 0 0 0 0 0 16,479 Transfer from Foundation(Palace Note) 347,065 348,927 350,265 351,078 351,078 351,365 Total Transfers In 747,979 650,242 1,062,785 1,010,185 1,739,986 2,419,341 TOTAL REVENUE AND TRANSFERS 11,484,958 12,817,279 13,316,513 12,652,332 14,551,216 13,118,257 OPERATING EXPENDITURES: G.O.Bond Interest Payments 3,091,904 3,081,355 2,837,174 2,602,816 2,602,816 2,552,322 G.O.Bond Principal Payments 5,265,000 5,480,000 5,585,000 5,960,000 5,960,000 6,070,000 C.O.Interest Payments 525,909 625,553 631,709 493,326 461,165 813,822 C.O.Principal Payments 1,272,271 2,536,817 2,721,362 2,485,000 2,485,000 2,630,000 Tax and Note. Interest Payments 0 24,615 122,078 103,113 119,057 365,623 Tax and Note Principal Payments 0 0 425,784 500,000 508,114 870,556 Palace Arts Center Payments 347,065 348,928 350,265 351,077 351,077 351,365 Fiscal Agent&Bond Fees 5,827 5,357 6,563 7,000 13,547 7,000 Total Operating Expenditures 10,507,976 12,102,624 12,679,935 12,502,332 12,500,776 13,660,688 TRANSFERS OUT: 0 0 0 0 0 0 TOTAL EXPENDITURES AND TRANSFERS 10,507,976 12,102,624 12,679,935 12,502,332 12,500,776 13,660,688 SURPLUS (DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: 976,981 714,655 636,578 150,000 2,050,440 (542,431) ENDING FUND BALANCE: 3,233,082 3,947,738 4,584,316 4,734,317 6,634,757 6,092,326 FUND BALANCE REQUIREMENT: 1,727,339 1,989,472 2,084,373 2,055,178 2,054,922 2,245,593 * Fund balance requirement is 16.6%of total budgeted expenditures(60 days of operation). The FY 2009-10 Projected Ending Fund Balance represents 172 days of operation. FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE UTILITY ENTERPRISE FUND 2005-06 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Actual Budget Estimate Proposed BEGINNING WORKING CAPITAL: 7,630,908 11,035,010 11,922,034 13,117,665 13,117,665 12,726,147 OPERATING REVENUE: Water Sales 12,597,487 9,920,101 11,818,609 11,925,168 11,925,168 11,938,129 Wastewater Sales 6,753,878 6,328,896 6,429,801 6,901,150 6,901,150 6,901,150 Tap&Inspection Fees 148,582 141,526 109,309 88,367 76,367 51,367 Reconnects&Transfers 244,014 200,952 233,893 225,755 225,755 225,755 Interest Income 472,191 708,409 460,394 472,191 472,191 472,191 Miscellaneous Income 293,790 399,418 182,857 252,250 103,332 377,250 Total Operating Revenue 20,509,943 17,699,303 19,234,862 19,864,881 19,703,963 19,965,842 TRANSFERS IN: 0 0 63,012 63,012 63,012 63,012 TOTAL REVENUE AND TRANSFERS 20,509,943 17,699,303 19,297,874 19,927,893 19,766,975 20,028,854 OPERATING EXPENDITURES: Personnel 2,032,133 2,290,414 2,511,001 2,839,961 2,805,068 2,939,933 Supplies 734,702 603,092 825,143 931,111 873,731 890,107 Maintenance 418,638 326,465 369,690 414,078 426,861 414,078 Services 7,826,404 8,448,630 10,081,269 10,984,488 10,878,217 10,734,527 Debt Service 4,060,989 3,249,832 2,406,624 2,737,954 2,737,404 2,749,318 Permanent Capital Maint. 510,517 593,653 388,727 750,000 491,482 750,000 Capital Outlay 0 0 0 125,400 125,400 125,400 Total Expenditures 15,583,382 15,512,085 16,582,454 18,782,992 18,338,162 18,603,363 TRANSFERS OUT: Transfer to General Fund-Admin Fee 1,522,459 1,300,193 1,440,790 1,494,592 1,482,523 1,502,164 Transfer to Capital Equipment Fund 0 0 79,000 337,807 337,807 565,893 Total Transfers Out 1,522,459 1,300,193 1,519,790 1,832,399 1,820,330 2,068,057 TOTAL EXPENDITURES AND TRANSFERS 17,105,842 16,812,279 18,102,244 20,615,391 20,158,492 20,671,420 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: 3,404,101 887,024 1,195,631 (687,498) (391,517) (642,566) ENDING WORKING CAPITAL: 11,035,010 11,922,034 13,117,665 12,430,167 12,726,147 12,083,581 FUND BALANCE REQUIREMENT: 3,842,478 3,824,898 4,088,824 4,631,423 4,521,739 4,587,131 * Fund balance requirement is 25%of total net budgeted expenses or 90 days of operation. The FY 2009-10 Proposed Ending Fund Balance represents 237 days of operation. FY 2009-10 PROPOSED OPERATING BUDGET STATEMENT OF REVENUE,EXPENDITURES AND CHANGES IN FUND BALANCE LAKE ENTERPRISE FUND 2005-06 2006-07 2007-08 2008-09 2008-09 2009-10 Actual Actual Actual Budget Estimate Proposed BEGINNING WORKING CAPITAL: (859,108) (874,986) (1,007,180) (1,122,963) (1,122,963) (1,115,095) OPERATING REVENUE: Cart Rentals 756,185 691,894 743,097 816,625 799,034 864,692 Tournament Fees 4,050 3,450 3,500 3,500 3,500 3,500 Driving Range 14,365 13,368 26,836 25,000 21,578 50,000 Golf Pro Shop%of Sales 22,726 20,495 20,753 21,000 21,000 21,000 Golf Course Green Fees 1,810,760 1,702,777 1,790,971 1,882,060 1,804,465 2,149,269 Restaurant%of Sales 52,722 40,803 41,151 45,000 40,000 45,000 Lesson Income 21,163 16,669 11,042 17,000 17,000 17,000 Interest Income 10,978 15,315 8,793 10,250 3,709 3,600 Golf Sub-Lease 167,854 222,271 224,634 230,000 215,000 220,000 Miscellaneous Income 5,632 13,023 16,265 20,000 25,187 20,000 Total Operating Revenue 2,866,434 2,740,065 2,887,043 3,070,435 2,950,473 3,394,061 TRANSFERS IN: 0 0 0 0 0 0 TOTAL REVENUE AND TRANSFERS 2,866,434 2,740,065 2,887,043 3,070,435 2,950,473 3,394,061 OPERATING EXPENDITURES: Personnel 1,112,367 1,183,574 1,236,403 1,413,882 1,305,706 1,447,976 -_ Supplies 231,378 198,803 224,647 249,184 232,611 235,323 Maintenance 72,109 77,988 68,347 75,481 102,100 82,681 Services 492,315 476,154 644,294 659,400 610,757 702,032 Debt Service 756,086 731,008 613,110 453,959 454,868 425,888 Capital Outlay 0 0 0 0 0 0 Permanent Capital Maint. 0 0 0 0 0 0 Total Operating Expenditures 2,664,255 2,667,528 2,786,801 2,851,906 2,706,042 2,893,900 TRANSFERS OUT: Transfer to General Fund-Admin Fee 218,057 204,732 216,025 203,044 221,078 254,360 Transfer to Debt Service Fund 0 0 0 15,485 15,485 16,479 Transfer to Capital Equipment Fund 0 0 0 0 0 19,300 Total Transfers Out 218,057 204,732 216,025 218,529 236,563 290,139 TOTAL EXPENDITURES AND TRANSFERS 2,882,312 2,872,259 3,002,826 3,070,435 2,942,605 3,184,039 SURPLUS(DEFICIT)OF REVENUE OVER(UNDER)EXPENDITURES: (15,878) (132,194) (115,783) 0 7,868 210,022 ENDING WORKING CAPITAL: (874,986) (1,007,180) (1,122,963) (1,122,963) (1,115,095) (905,073) CAPITAL/STREET MAINTENANCE PROGRAM FY 2009-10 PROPOSED BUDGET AND 5-YEAR PLAN Project FY Planners ' : Title 2010 ;:;:_,201I::<:'.::a;: 2012;::>:<::::.:::::20 13:::;::.::. .;;:.;:20:14 .;:.;::2015::'.>;:: ......::................................................:............ ...................... .:.................... City Hall Repairs&Maintenance 75,000 47,000 10,000 0 10,000 0 CAC Repairs&Maintenance 29,000 40,000 25,000 27,000 40,000 42,000 Police/Courts Building Repairs&Maintenance _ 0 20,000 20,000 20,000 0 5,000 Service Center Repairs&Maintenance 15,000 10,000 15,000 10,000 15,000 10,000 Library Repairs&Maintenance 10,000 15,000 15,000 15,000 15,000 15,000 Senior Center Repairs&Maintenance 0 10,000 15,000 5,000 10,000 5,000 Fire Station Repairs&Maintenance 47,000 22,000 22,000 22,000 22,000 12,000 Animal Control Facility Repairs&Maintenance 0 13,000 0 5,000 0 5,000 Park Facilities Repairs&Maintenance 20,000 15,000 30,000 15,000 15,000 15,000 Police Substation 0 5,000 0 0 0 5,000 Roof Program 1FY10:$40k Carryover;$85k New] 125,000 35,000 35,000 145,000 35,000 35,000 Emergency Fund 5,000 5,000 5,000 5,000 5,000 5,000 Indoor Air Quality Testing 5,000 5,000 5,000 5,000 5,000 5,000 LT.Operations Building _ 10,000 0 0 7,500 0 10,000 Facility Services Operations/Storage Area 15,000 0 0 0 0 0 Total Facilities Maintenance 356,000 242,000 197,000 281,500 172,000 169,000 Project FY ':: ... ' ;:: Planned :: Title 2010 2011 . 21312:: 2013 :::::::::::::2#14::::::::::::::::::::::::::;:000 Irrigation System 50,000 80,000 40,000 20,000 20,000 20,000 Landscaping 50,000 40,000 40,000 50,000 30,000 30,000 Lamp Replacement at Athletic Facilities 10,000 10,000 10,000 10,000 10,000 10,000 Court Resurfacing 9,000 25,000 0 0 9,000 0 Infield Replacement 5,000 0 0 0 0 0 Trail Maintenance 20,000 20,000 20,000 20,000 20,000 20,000 Fence Replacement 15,000 8,000 8,000 8,000 8,000 8,000 Water Drinking Fountains 40,000 20,000 20,000 5,000 5,000 5,000 Park Signage Replacement 10,000 10,000 15,000 10,000 15,000 10,000 Trash Receptacle Replacement 15,000 5,000 5,000 5,000 5,000 5,000 Senior Activities Center Equipment Replacement 5,500 10,153 8,000 4,000 8,400 8,000 Bleacher Replacement 0 15,000 20,000 15,000 0 0 Playground Surfacing Replacement 15,000 15,000 20,000 15,000 15,000 15,000 Small Park Amenities Replacement 16,000 15,000 15,000 15,000 15,000 15,000 Playground Accessibility Improvements 160,000 120,000 560,000 120,000 60,000 60,000 Special Events Equipment Replacement 3,000 6,500 3,000 2,000 1,000 12,000 Community Activities Center Equipment Replacement 16,500 6,000 6,000 0 0 0 Aquatics Repairs and Replacements 14,000 10,000 12,000 5,000 18,000 5,000 I-Ioliday Decorations Upgrade&Replacement 15,000 20,000 20,000 20,000 20,000 20,000 Total Parks Maintenance 469,000 435,653 822,000 324,000 259,400 243,000 ........................................................................................................................ Project FY Planned Title 2010 ';>'::::201::::: :::::::: 20 <»;::::>::::»:; 01 :::»>::s:<>::2014:><:>::>:<:»»>:20: :<; T 1 '..........1..... ...2..12.............2..1 ....... .......2...................2..15...... ..................................................................................................................... Annual Street Maintenance&Overlay Program 1,350,000 1,345,000 1,370,000 1,380,000 1,380,000 1,460,000 Traffic Signal,Signing&Striping Maintenance 180,000 180,000 180,000 180,000 180,000 180,000 Total Street&Signal Maintenance 1,530,000 1,525,000 1,550,000 1,560,000 1,560,000 1,640,000 TOTAL CAPITAL/STREET MAINTENANCE 1 2,355,000 1 2,202,653 1 2,569,000 1 2,165,500 1 1,991,400 1 2,052,000 FY 2009-10 CAPITAL IMPROVEMENT PROGRAM AND 5 YEAR PLAN ............................................................................................................................................. .............................................................................................................................................. ......................................................................................................................................... Project FY Pltnne• Title 2010 20.11 >:2012 2;01.3' 2t1.I4 201: ::> ............................................................................................................................................ Euless Grapevine Road/Stone Meyers Pkwy. 6,593,720 0 0 0 0 0 GPS Monument Update 55,000 0 0 0 0 0 Bass Pro Drive West Widening 350,273 1,351,367 1,383,360 440,000 0 0 Main Street Sustainable Development Project 127,111 0 0 0 0 0 Drainage System Improvements 300,000 1,050,000 250,000 1,050,000 100,000 0 Roberts Road Left-Turn Lane 23,000 0 0 0 0 0 Total Streets and Drainage 7,449,104 2,401,367 1,633,360 1,490,000 100,000 0 ............................................................................................................................................... ............................................................................................................................................... Project FY Pla ned Title 2010 2011 > .. :2012 • 2013 2€1:1.4 20:15 ....................................................... ........................... ....................................................... Liberty Park Plaza Flagstone and Benches 42,000 0 0 0 0 0 Settlement to City Complex&Ted R.Ware Plaza 285,000 0 0 0 0 0 Land Acquisition 635,000 0 0 0 0 0 Historic Intill Redevelopment-600 Main Street 4,600,000 6,000,000 0 0 0 0 Grapevine Township Revitalization Grant Program 25,000 50,000 50,000 50,000 50,000 50,000 Total Buildings and Facilities 5,587,000 6,050,000 50,000 50,000 50,000 50,000 Project FY : Pl tticl Title 2010 2011:: 201.2 2013 24)14 201: Community Activities Center Expansion 600,000 7,500,000 3,900,000 I) 0 0 Park Restroom Improvements 400,000 0 0 0 0 0 Park Facilities Parking Lot Improvements 400,000 0 0 0 0 0 Total Quality of Life Improvements 1,400,000 7,500,000 3,900,000 0 0 0 Project FY Plstnnwd Title 2010 20111 ' ;201:2 :201.3 24114 201:5 ........................................................ ........................: ..........................:............ „:,:........:: ........................................................................................................................................... Advanced Traffic Monitoring System 965,000 0 t) 0 0 0 Signal Retiming and Detector Replacement 719,448 0 0 0 0 0 Mustang Drive/William D.Tate Avenue 43,000 (1 0 0 0 0 Total Traffic Improvements 1,727,448 0 0 0 0 0 FY 2009-10 CAPITAL IMPROVEMENT PROGRAM AND 5 YEAR PLAN ............................................................................................................................................... ............................................................................................................................................... Project FY : Pla�nnted . :::.:::;:: ,: Title 2010 :;;;:::::::20..:.1V:::::::::::: ..:::::::::::::::::20.0:::!:::::::::::::::::::::::::10.11 2<)1 2(: :5 Heritage Avenue 12" Waterline Extension 0 40,000 206,687 0 0 0 SH 26 Utility Relocations 2,856,181 586,000 0 0 0 0 NW Area Water Distribution Lines 0 0 0 0 105,868 761,567 SH 114 Water Transmission Line 0 122,600 266,802 0 0 0 Inflow&Infiltration Project- Phase IV 2,089,700 1,750,000 0 0 0 0 SH 360 Wastewater Line Extension 0 0 111,250 235,367 0 0 Ball Street Wastewater Parallel Line 0 0 0 0 35,000 283,905 Wastewater Treatment Plant Improvements 0 0 0 150,000 1,333,771 0 Odor Control Improvements 0 0 150,000 1,600,000 0 0 WWTP Permit Renewal Improvements 0 200,000 800,000 0 0 0 Glade Road Wastewater Line Extension 0 22,000 137,265 0 0 0 Skyline,Los Robles and West Wall Street Sewer 20,000 20,000 72,700 155,818 105,409 0 Denton Creek Lift Station-Phase II Pumps 0 0 75,000 132,182 0 0 Parallel Sewer to Hilton Litt Station 0 0 150,000 235,010 127,505 0 Central Business District Sewer 0 0 0 90,000 206,344 0 Total Water&Wastewater Improvements 4,965,881 2,740,600 1,969,704 2,598,377 1,913,897 1,045,472 ............................................................................................................................................... Project FY Planned Title 2010 2011 . 2012 2013 2()11 2(1:15 ....................................................... .......................... ......................... ....... .................... Annual Vehicle and Equipment Replacements 1,914,669 0 0 0 0 0 Total Capital Equipment 1,914,669 0 0 0 0 0 TOTAL CAPITAL IMPROVEMENTS 1 23,044,102 1 18,691,967 I 7,553,064 I 4,138,377 I 2,063,897 I 1,095,472