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1. Input into Fiscal Year 2009 Budget priorities:
• Tax rate
� Keep salary at 50th percentile of the market
• Direction on service enhancements/capital improvement projects
you may want to see
• Continuation of"Pay as we Go" for fleet/technology purchases and
PCMF and PSMF
• TMRS Issues; .06 increase per year for an 8 year period for retiree
COLAs which amounts to an additional $400,000 or so annual
contributions
• Other Council direction/discussion relative to the upcoming 09
Budget
2. Input for capital programming for Quality of Life Fund
• Five year schedule is attached.
• Glade Road completion is the last of '98 Bond Issue. Council
direction on ne� G.O. election?
3. Parks Department update to Master Plan
• Plan approved by the Council in 1995 and an update approved by
Council in 1998
• Master plans should be updated every 5 years on the low side and
at maximum 10 years on the high side
• Needs assessments/citizen surveys are a key component of a
master plan
• Need to master plan our lake parks, especially Meadowmere Park
(current plan will need to change because of the Environmentally
Sensitive areas declared by the Corps of Engineers) City has
talked to the Corps and has agreed to a plan to take over
management of Rockledge Park at the end of this fiscal year.
• Need to master plan Wall-Farrar Park
• Need to update our hike and bike trail plan
• A current master plan will allow Grapevine to be competitive in the
Texas Parks &Wildlife grant program
• Estimated cost to update the plan is $80,000. However, we can get
up to $500,000 in a single grant if plan is updated.
4. Discussion of periodic citizen satisfaction survey on City services
• Southlake recently completed a survey on quality of life, the
direction of the City, neighborhood safety, city services, traffic,
commercial development, customer service, taxes, demographics
and citizen communication
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• Southlake plans to complete this survey every two years
• Cost was $19,000
• Survey was mostly completed via the internet
5. Discussion of effective Council communication
• Monthly financial reports
• Weekly update
• Daily emails on hot topics (when warranted)
� Council Member Freed has asked for a monthly economic
development update. We are currently working on a draft.
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2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
Actual Approved Projected Projected Projected Projected Projected
BEGINNING FUND BALANCE: 0 3,635,984 7,488,778 5,570,727 6,161,830 11,883,921 18,643,260
SOURCES OF FUNDS:
Transfer from General Fund 3,861,529 8,305,211 6,198,533 5,491,103 5,597,091 6,609,339 6,196,219
Interest Income 0 50,000 75,000 100,000 125,000 150,000 175,000
Total Sources ofFunds 3,861,529 8,355,211 6,273,533 5,591,103 5,722,091 6,759,339 6,371,219
CAPITAL PROJECT EXPENDITURES:
Bellaire Park 109,871
Links Trail Project 0 106,674
Oak Grove Baseball Renovations 115,673 4,395,743 3,191,584
CAC Ex ansion Pro'ect 0 0 5,000,000 5,000,000
Total Uses of Funds 225,544 4,502,417 8,191,584 5,000,000 0 0 0
ENDING FIJND BALANCE: 3,635,984 7,488,778 5,570,727 6,161,830 11,883,921 18,643,260 25,014,479
TOTAL OF FUNDING SOURCES,FUNDING USES AND AVAILABLE RESOURCES
(Actual and Projected,through FY 2013)
SOURCES OF FUNDS:
Transfer from General Fund 42,259,025
Interest Income 675,000
Total Sources of Funds 42,934,025
USES OF FUNDS:
Bellaire Pazk 109,871
Links Trail Project 106,674
Oak Grove Baseball Renovations 7,703,000 (Amount does not include lake pumping system for irrigation)
CAC Expansion Project 10,000,000
Total Uses of Funds 17,919,545
Projected Available(Uncommitted)Resources 25,014,479