HomeMy WebLinkAboutItem 01 - Budget ���� �
MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER �Z'
MEETING DATE: SEPTEMBER 2, 2008
SUBJECT: PUBLIC HEARING ON THE FY 2008-2009 BUDGET
RECOMMENDATION:
That the City Council conduct a public hearing on the proposed FY2008-2009 annual
budget. The budget contains fund expenditures in the following amounts:
General Fund $52,847,569
Utility Enterprise Fund 20,615,391
Debt Service Fund 12,502,332
Convention & Visitors Bureau Fund 18,662,024
Lake Enterprise Fund 3,070,435
Streets & Drainage Capital Projects 1,921,990
Permanent Street Maintenance Fund 1,380,000
General Permanent Capital Maintenance Fund �819,000
Utility Permanent Capital Maintenance Fund 750,000
Stormwater Drainage Fund 1,389,831
Lake Parks Fund 837,568
Water and Wastewater System Capital Projects 308,066
4B Fund 8,767,871
Crime Control & Prevention District Fund 12,271,735
Community Quality of Life Fund 10,550,000
Buildings & Facilities Capital Projects 5,612,000
Traffic Improvements Capital Projects 548,999
Capital Equipment Acquisitions 4,114,817
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 2, 2008 and final action on the budget shall be taken at a special meeting
on September 16, 2008. A copy of the proposed FY 09 budget summary is attached
hereto.
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CITY OF GRAPEVINE,TEXAS
FY 2008-09 PROPOSED OPERATING BUDGET �
SUNINLARY TABLE OF ALL FUNDS
-- GENERAL GOI�ERNMENT FUNDS --
Debt Capital/Street Total
General Service Maintenance All
Fund Fund Fund Funds
REVENUES
AND OTI�R FINANCING SOURCES:
Property TaYes 7,545,458 11,482,147 19,027,605
Sales&Use Taxes 24,700,000 24,700,000
Licenses,Fees&Permits 7,604,331 7,604,331
Fines and Forfeitures 2,060,125 2,060,125
Charges for Services 7,261,175 7,261,175
Intergovernmental/Inter-Agency 78,552 78,552
Interest Income 210,182 150,000 360,182
Transfers In 3,046,684 1,010,185 2,199,000 6,255,869
Miscellaneous 770,400 770,400
Total Revenues 53,276,907 12,642,332 2,199,000 68,118,239
EXPENDITLTRES
AND OTHER FINANCING USES:
Personnel 24,648,980 24,648,980
Supplies 2,432,619 2,432,619
Maintenance 709,496 709,496
Services 7,297,871 7,000 7,304,871
Insurance 7,871,153 7,871,153
Debt Service 12,495,332 12,495,332
Transfers Out 9,887,450 9,887,450
Permanent Capital/Street Maint. 2,199,000 2,199,000
Total Eacpenditures 52,847,569 12,502,332 2,199,000 67,548,901
1 Revised 8/18/08
CITY OF GRAPEVINE,TEXAS
FY 2008-09 PROPOSED OPERATING BUDGET
SUMMARY TABLE OF ALL FUNDS
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-- SPECIAL REVENUE FUNDS --
Convention Stormwater Crime Control Lake 4B Economic Total
&Visitors Drainage &Prevention Parks Development All
Fund Fund Fund Fund Fund Funds
REVENUES
AND OTI�R FINANCING SOURCES:
Sales Taxes 11,700,000 11,700,000 23,400,000
Occupancy Taxes 13,149,434 13,149,434
Licenses,Fees&Permits 1,334,831 892,360 2,227,191
Charges for Services 5,268,690 5,268,690
Interest Income 35,000 55,000 66,016 66,016 222,032
Miscellaneous 208,900 16,250 225,150
Total Revenues 18,662,024 1,389,831 11,766,016 908,610 11,766,016 44,492,497
EXPENDITURES
AND O'TI�R FINANCING USES:
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Personnel 4,734,565 417,440 9,324,302 113,287 14,589,594
Supplies 5,588,942 96,719 675,218 60,800 6,421,679
Maintenance 267,852 134,400 17,500 419,752
Services 5,079,300 266,102 2,016,015 428,759 150,000 7,940,176
Transfers Out 2,850,365 609,570 79,800 217,222 219,375 3,976,332
Intergovernmental/Inter-Agency 8,398,496 8,398,496
Capital Outlay 141,000 42,000 183,000
Total Eacpenditures 18,662,024 1,389,831 12,271,735 837,568 8,'767,871 41,929,029
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CITY OF GRAPEVINE,TEXAS
FY 2008-09 PROPOSED OPERATING BUDGET
SUMMARY TABLE OF ALL FUNDS
-- ENTERPRISE FUNDS --
Utility Lake Total
Enterprise Enterprise All
Fund Fund Funds
REVENLTES
AND OTI�R FINANCING SOURCES:
Licenses,Fees&Permits 88,367 3,500 91,867
Charges for Services 19,052,073 3,036,685 22,088,758
Interest Income 472,191 10,250 482,441
Transfers In 63,012 63,012
Miscellaneous 252,250 20,000 272,250
Total Revenues 19,927,893 3,070,435 22,998,328
EXPENDITURES
AND OTF�R FINANCING USES:
° Personnel 2,839,961 1,413,882 4,253,843
.,��:� Supplies 931,111 249,184 1,180,295
Maintenance 414,078 75,481 489,559
Services 10,984,488 659,400 11,643,888
Debt Service 2,737,954 469,444 3,207,398
Transfers Out 1,832,399 203,044 2,035,443
Permanent Capital Maintenance 750,000 750,000
Capital Outlay 125,400 125,400
Total Expenditures 20,615,391 3,070,435 23,685,826
CITY OF GRAPEVINE,TEXAS
FY 2008-09 PROPOSED OPERATING BUDGET
SUMMARY TABLE OF ALL FUNDS
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-- CAPITAL IMPROVEMENT PROGRAM FUNDS --
Capital Total
Streets Buildings Quality Water& Equipment& All
&Drainage &Facilities Traffic of Life Wastewater Replacement Funds
REVEMJES
AND OTF�R FINANCING SOURCES:
General Obligation Bonds 1,683,990 91,9�2 1,775,942
CertificatesofObligation �,23�,000 1,482,000 6,717,000
Utility Revenue Bonds 142,610 142,610
Federal/State Funds&Grants 175,000 158,067 333,067
Interlocal/Inter-Agency 298,980 298,980
Transfers from Operating Funds 63,000 377,000 10,��0,000 16�,456 2,632,817 13,788,273
Total Revenues 1,921,990 5,612,000 548,999 10,550,000 308,066 4,114,817 23,055,872
EXPENDITURES
AND OTHER FINANCING USES:
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Engineering/Design 57�,931 102,000 246,699 600,000 308,066 1,832,696
Right-of-Way Acquisition 20,�50 635,000 65�,550
Construction 770,35� 4,322,800 9,198,000 14,291,155
EnvironmentaUSurveying/Testing 65,906 65;906
Furnishings/Equipment 69,500 302,300 752,000 4,114,817 5,238,617
Contingency 489,248 482,700 971,948
Total Expenditures 1,921,990 5,612,000 548,999 10,550,000 308,066 4,114,817 23,055,872
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