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SO THIS COULD BE ANOTHER YEAR.
THIS IS ANOTHER YEAR AND IT IS A SPECIAL YEAR.
WE NEVER EXPECTED THIS, BUT, UM, IT SAYS WE HAVE A SUCH PRUDENT HOW SO TO FINANCIAL POLICY, AND THEN ALSO MIGHT HAVE ASSUMPTION ONE THAT PLUS DATA.
AND I BELIEVE WHAT IS THROUGH THIS, JUST AS GOOD AS WELL.
[1. Present, Discuss, and Consider Action on the Proposed Annual Budget for the Town of Addison for Fiscal Year 2021 (Beginning October 1, 2020 and Ending September 30, 2021), including but not limited to the General Fund, Utility Fund, Stormwater Fund, Airport Fund, Hotel Fund, Economic Development Fund, Information Technology Fund, Capital Replacement Fund, Infrastructure Investment Fund, and Long-Term Planning. ]
THANK YOU, MAYOR, UH, MAYOR AND COUNCIL.IT'S, UH, PLEASURE TO BE WITH YOUR, BE HERE WITH YOU THIS AFTERNOON.
AND MAYOR SAID, THIS IS A UNIQUE SITUATION I'VE GOT TO, I'M ASKING YOU FOR MY DEAR
UM, SO IT IS CERTAINLY A UNIQUE TIME, UH, BUT I WANT TO THANK EVERYBODY FOR THEIR TIME AND ATTENTION.
YOU SHOULD GO AHEAD AND START PRESENTING THIS YEAR'S PROPOSED BUDGET.
ONE OF THE COUNCIL'S MOST IMPORTANT JOBS IS TO ADOPT AN ANNUAL BUDGET THAT REFLECTS THE COMMUNITY'S BATTLE PRIORITIES.
THE PURPOSE OF THE BUDGET RETREAT THAT WE'RE PARTICIPATING IN IS PUBLICLY PRESENT.
THE PROPOSED BUDGET DISCUSSED THE INTENT, UH, IS ASSOCIATED WITH DECISIONS AND PROPOSALS.
PROPOSALS ARE NOT IN ALIGNMENT WITH COUNCIL PRIORITIES AND PROVIDE ANSWERS TO COUNCIL AND COMMUNITY QUESTIONS.
WE HAVE SCHEDULED TIME FOR TODAY AND TOMORROW TO DISCUSS THE PROPOSED FISCAL YEAR 2021 BUDGET.
AND THE AGENDA IS LAID OUT AS FOLLOWED ON THE SCREEN.
WE PLAN ON MOVING AT THE PACE OF THE COUNCIL.
SO IF WE CAN ONLY GET THROUGH HALF OF THE FUND PUPPIES AND PATIENTS TODAY, THEN WE'LL CONTINUE TOMORROW.
IF WE CAN GET THROUGH ALL THE PRESENTATIONS, THEY, WE CAN DETERMINE WHAT TO DO, DISCUSS SOME ART.
THIS IS THE PROPOSED TAX RATE AND BUDGET APPROVAL TIMELINE.
BY THE END OF THE BUDGET WORK SESSIONS, I WILL ASK, OR I WILL SEEK DIRECTION RELATED TO THIS SCHEDULE.
THERE ARE CERTAIN TIMELINES THAT ARE, UH, THAT WE, THAT WE ARE REQUIRED TO MEET AND CERTAIN ACTIONS ARE INITIATED.
SO WE'LL DISCUSS THIS IN DETAIL LATER IN THE WORK SESSION.
BYE, WE'LL BE SEEKING A LITTLE BIT MORE GUIDANCE ON, ON THE SPECIFICS HERE, BUT I WANTED TO PRESENT IT TO YOU THIS PURPOSE, NEXT SLIDE.
SO THIS IS MY FISCAL YEAR 2021 BUDGET.
MY GOALS ARE ALWAYS TO BUILD A MAINTAIN TRUST AND TO CONSTANTLY PURSUE CONTINUOUS IMPROVEMENT.
HEARD MANY TIMES WAY THAT I BUILD MAINTAIN TRUST IS BY DOING THE RIGHT THING, HELPING PEOPLE AND BE EASY TO NEXT SLIDE.
MY VISION FOR THE TOWN IS THAT ADDISON BE THE BENCHMARK OF ALL TEXAS CITIES AND WHEN A LOCAL GOVERNMENT WANTS TO EMULATE BEST PRACTICE, BEST PRACTICES.
ADDISON IS THE FIRST PLACE THAT TABLE IN PREPARING THIS BUDGET.
I USE UTILIZE THE FOLLOWING GUIDING PRINCIPLES, PHYSICAL PRINCIPLES, PRINCIPLES, FIRST PERSISTENT FISCAL CONTROL BY PUTTING FIRST THINGS FIRST AND LIVING WITHIN OUR MEANS EXECUTING ON OUR CORE MISSION.
IT MEANS DELIVERING QUALITY MUNICIPAL SERVICES, EXCELLENT CUSTOMER SERVICE, TREATING ALL EMPLOYEES, FAIRLY MAINTAINING LONGTERM SUSTAINABILITY.
SO MAKING WHAT IS POLITICALLY DESIRABLE, ADMINISTRATIVE ADMINISTRATIVELY SUSTAINABLE AND SEEKING TO ACHIEVE CONTINUOUS IMPROVEMENT.
NEXT SLIDE AS I USE THOSE GUIDING PRINCIPLES, I ALSO HAVE TO ENSURE THAT THE BUDGET IS IN ALIGNMENT WITH THE CITY COUNCIL'S PRIORITIES.
AS YOU ARE AWARE, THE COUNCIL ADOPTED HAS HAS FOR SEVERAL YEARS NOW AND THIS PAST JULY, THE LAST MONTH ADOPTED PILLARS FOR SUCCESS AND MILESTONES FOR FISCAL YEAR 2021.
NOW THE QUESTION, UH, ABOUT THIS AND LET ME MAKE SURE I'VE, I'VE GOTTEN A NOTE THAT THERE'S NO SOUND AND EVERYBODY DOES THEIR SOUND.
YOU HEARD WE DOUBLE CHECK THAT.
UM, THE REASON WHY WE HAVE THESE PRIORITIES TO GUIDE US IS IF WE GO TO THE NEXT SLIDE IS BECAUSE OF THIS, I AFFECTIONATELY CALL IT THE DEATH STAR, RIGHT? THERE WAS A LOT OF MAJOR STUFF THAT'S GOING ON THAT WE HAVE TO PAY ATTENTION TO.
AND IF WE TRY TO DO EVERYTHING AT ONCE, WE PROBABLY WOULDN'T BE VERY GOOD AT ANYTHING.
AND SO THE PURPOSE OF THE PRIORITIES IS TO ENABLE US TO FOCUS, BECAUSE IF WE DON'T FOCUS, WE WON'T BE ABLE TO BE ACT PROACTIVELY AND WE WON'T BE EFFECTIVE
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IN GETTING THINGS DONE.SO SOME OF THE BIG ISSUES ON THIS DEATHSTAR HERE THAT WE'VE BEEN TALKING ABOUT RECENTLY THIS YEAR, BUT ALSO IN PREVIOUS FISCAL YEAR.
UH, ONE OF THE MAIN BIG ISSUES IS INFRASTRUCTURE PLANNING AND FUNDING.
THE FISCAL YEAR 2021 BUDGET CONTINUES THE PROGRESS THE TOWN HAS MADE IN USING THE COMPREHENSIVE ASSET MANAGEMENT PLAN TO MAKE INFORMED DECISIONS ABOUT HOW TO INVEST OUR RESOURCES, TO ADDRESS OUR INFRASTRUCTURE NEEDS NOW, AND IN THE FUTURE.
I'M HAPPY TO NOTE THAT IN FISCAL YEAR 2020 COUNCIL ADOPTED AN ASSET MANAGEMENT POLICY FOR THE TOWN, WHICH ESTABLISHES THE SCOPE AND FRAMEWORK OF FOR THE ASSET MANAGEMENT PLAN.
WE ARE USING THE INFORMATION ABOUT THE CONDITION OF OUR INFRASTRUCTURE AS INTENDED TO CREATE PLANS AND MAKE DECISIONS NECESSARY, TO PROPERLY MAINTAIN AND RESTORE OUR INFRASTRUCTURE, TO REMAIN PROACTIVE AND ADDRESSING THESE NEEDS.
THE PROPOSED CAPITAL IMPROVEMENT PROGRAM BUDGET FOR FISCAL YEAR 2021 INCLUDES $37.2 MILLION IN INFRASTRUCTURE AND MAINTENANCE PROJECTS.
THIS INCLUDES BOND PROJECTS THAT WERE APPROVED AS PART OF THE FISCAL YEAR, EXCUSE ME, THAT 2019 A VOTE THAT THE ADDISON VOTERS NOW, AS A REMINDER, THIS WHOLE EFFORT TO TAKE CARE OF OUR INFRASTRUCTURE IS A 20 MILE MARCH.
THAT'S THE ARMY COMING OUT OF YOU, RIGHT? AND, UH, THERE ARE NO QUICK SOLUTIONS.
SO WHAT WE DO IS WE MAKE A PLAN AND WE STICK.
SO, AND, AND, AND AS WE DO THAT, AND WE FOCUS OVER TIME, WE'LL MAKE THE PROGRESS THAT WE NEED TO MAKE.
ANOTHER ONE OF THE BIG ISSUES THAT WE HAVE TO FACE IS ATTRACTING AND RETAINING TALENT AS A SERVICE ORGANIZATION.
THIS IS A CRUCIAL PART OF OUR SUCCESS.
TYPICALLY MY BUDGET WOULD INCLUDE MONEY TO FUND AND POUNDS MERIT BASED COMPENSATION SYSTEM THIS YEAR.
WHILE I SUPPORT PROVIDING SOME OF THE, UH, SOME TYPE OF COMPENSATION INCREASE IN ORDER TO MAINTAIN THE TOWN'S COMPENSATION SYSTEM, GIVEN THE UNIQUE AND ECONOMIC ENVIRONMENT WE ARE IN, I THOUGHT IT WOULD BE PROVEN TO DISCUSS THIS TOPIC WITH THE CITY COUNCIL BEFORE IT IS INCLUDED IN THE REPORT.
I'LL BE HAPPY TO DISCUSS THE DETAIL OF DETAILS OF THIS LATER ON IN THE WORK SESSION.
UM, BUT, UH, THAT'S WHY IT'S NOT IN THERE.
I WANT TO MAKE SURE THAT THE ADDED TO THE CONVERSATION ABOUT IT HERE, GOING BACK TO ACHIEVING CONTINUOUS IMPROVEMENT, THAT REMAINS A BIG ISSUE.
THE BUDGET SUPPORTS THIS BUDGET SUPPORTS OUR ONGOING EFFORTS TO CONTINUALLY IMPROVE THE WAY THAT WE DELIVER.
WE DELIVER SERVICES TO OUR RESIDENTS AND BUSINESSES AND ADDISON.
YOU CONTINUE TO REVIEW HOW WE OPERATE AND AREAS FOR, AND IDENTIFY AREAS FOR IMPROVEMENT.
I'D LIKE TO HIGHLIGHT JUST A FEW OF THE CONTINUOUS IMPROVEMENT EFFORTS THAT ARE PLANNED FOR 20 FISCAL YEAR 2021.
WE'RE GOING TO CONTINUE TO FOCUS ON IMPLEMENTATION OF THE ASSET MANAGEMENT POLICY AND RELATED TOOLS SUCH AS THE COMPUTERIZED MAINTENANCE MANAGEMENT SYSTEM.
THE INSTALLATION OF THAT WILL BE COMPLETED IN FISCAL YEAR 20.
AND WE'LL START TO USE THAT ALONG WITH THE INFRASTRUCTURE REINVESTMENT INTELLIGENCE IT'S SYSTEM.
THAT'S THE IRIS SYSTEM THAT COUNCIL HAS SEEN IN THE PAST.
WE ARE ALSO WORKING BASED ON THE POLICY, UH, THE POLICY GUIDANCE THAT WE'VE RECEIVED TO INCLUDE, UH, TO DEVELOP AND IMPLEMENT AS, UH, ASSET MANAGEMENT, FINANCIAL STRATEGIES, UH, THAT WILL BE CORPORATE IT INTO OUR LONGTERM FINANCIAL PLANNING MODELS SO THAT WE CAN MAKE GOOD DECISIONS TODAY AND UNDERSTAND THAT YEAH, FACTS ARE THOSE DECISIONS IN THE FUTURE.
WE'RE ALSO WORKING TO FULLY UTILIZE IT.
AND OPTIMIZE THE MUNIS ENTERPRISE RESOURCES DINING SYSTEM.
THAT'S, UH, WE HA WE HAVE, UM, WHY DO WE WANT TO DO IT TO IMPROVE THE EFFICIENCY, BUT ALSO TO STRENGTHEN OUR INTERNAL CONTROLS.
SOMETIMES WHEN YOU IMPLEMENT A SOFTWARE SYSTEM, YOU CAN STILL HAVE MANUAL PROCESSES.
UH WE'RE WE'RE, WE'RE WORKING TO TRY TO MAKE, HAVE THOSE MANUAL PROCESS PROCESSES GO AWAY AS MUCH AS POSSIBLE SO THAT WE CAN NOT ONLY ACT MORE EFFICIENTLY, BUT WE CAN ALSO ENSURE THAT OUR INTERNAL CONTROLS ARE STRONG AND FUNCTIONING THE WAY THAT THEY'RE SUPPOSED TO.
FINALLY, WE'RE CONTINUING OUR EFFORTS TO IMPROVE THE VOTES, TO COMPLY WITH THE AMERICANS, THE DISABILITIES ACT AND IMPLEMENT STRATEGIES, UH, FROM NOT ONLY OUR ADA IMPLEMENTATION PLAN OR TRANSITION PLAN, BUT ALSO, UH, STRATEGIES THAT WE'RE IN THE PARKS AND RECREATION, PARKS, RECREATION, AND OPEN, OPEN BASED OPEN SPACE MASTER PLAN, UH, BY MAKING IMPROVEMENTS TO PLACES LIKE CELESTIAL APARTMENT.
WE ARE ALSO CONTINUING OUR EFFORTS AS YOU REVIEW AND UPDATE OUR LAND DEVELOPMENT CODE TO ENSURE THAT OUR DEVELOPMENT REGULATIONS ARE CONDUCIVE TO DELIVERING THE HIGH QUALITY DEVELOPMENTS THAT ADDISON IS ACCUSTOMED TO IN AN ENVIRONMENT WHERE DEVELOPED REDEVELOPMENT.
WE ARE BEHIND SCHEDULE A LITTLE BIT ON THIS, UH, THIS EFFORT, BUT WE LOOK TO COMPLETE THIS PROJECT IN FISCAL YEAR 2021.
WE LOOK TO COMPLETE THE TRAILS MASTER PLAN AND ALIGNMENT WITH THE PARKS AND RECREATION AND OPEN SPACE MASTER PLAN TO PREPARE FOR THE FUTURE OF OUR TRAIL SYSTEM.
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UH, WE'RE GOING TO CONTINUE TO IMPLEMENT AND FURTHER DEVELOP OUR LONG RANGE FINANCIAL PLANS.AND, UH, WE'RE GONNA CONTINUE TO BUILD ON, ON STAFF WORK THAT HAS BEEN DONE IN FISCAL YEAR 2020 TO INTEGRATE ELEMENTS OF OUR PROGRAM, PROGRAMMATIC BUDGETING, UH, PROCESS INTO THE OPERATION ARC INTO OUR OPERATIONAL AND BUDGETARY PRACTICES.
THE GOAL OF THIS EFFORT IS TO BETTER EXPLAIN THE COSTS ASSOCIATED WITH DELIVERING SERVICES OR SPECIFIC PROGRAMS OF SERVICE SO THAT WE CAN BETTER COMMUNICATE INFORMATION THAT IS HELPFUL TO THE DECISION MAKING PROCESS.
WHEN WE DECIDE WHAT LEVEL OF SERVICE WE WANT TO PROVIDE WITH THE COMMUNITY.
NOW, WE'VE GOT, I MENTIONED BEFORE THAT THERE'S AN INCREASING PRESSURE.
THERE'S INCREASING PRESSURE ON OUR OPERATIONAL DOLLARS.
THE PRESSURE IS CREATED BY SUCH THINGS AS EVERYBODY WANTING MORE, BUT NOBODY REALLY BEING WILLING OR DESIRES TO PAY FOR IT, RIGHT.
THERE'S ALSO, UH, THIS, THIS POLE BETWEEN FUNDING PEOPLE VERSUS FUNDING OPERATIONS VERSUS FUNDING INFRASTRUCTURE.
SO THERE'S, YOU KNOW, YOU GOTTA MAKE SURE YOU'RE BALANCING THAT.
SO YOU'RE NOT GETTING TOO FAR SKEW IN ONE AREA AND NOT TAKING CARE OF OTHERS.
WE HAVE IN THE LAST SEVERAL YEARS, HAD A DESIRE TO FIND THE PROJECTS WITH CASH IN LIEU OF DEBT.
UM, NOT ENTIRELY, BUT THERE'S A PORTION NOW WITH THE IMPLEMENTATION OR THE PASSAGE OF SENATE BILL TWO IN THIS LAST LEGISLATIVE SESSION, THAT'S GOING TO BE A LITTLE BIT MORE DIFFICULT TO DO AS OPERATIONAL DOLLARS BECOME MORE SCARCE, UM, AND COMPETE FOR, UH, FOR THE FUNDING OF OPERATION OR MAINTENANCE OF OPERATIONS AND THE FUNDING OF PEOPLE.
AND WE'LL HAVE TO LOOK AT TRYING TO TAKE CARE OF INFRASTRUCTURE PROJECTS, LESS ON A CASH BASIS AND MORE THROUGH DEBT INSTRUMENTS.
INITIALLY, YOU'LL SEE THIS A BIT THIS YEAR, AND FOR SURE NEXT YEAR, THERE'S GROWING PROPERTY TAX PROTESTS.
AND, AND, UH, WE'VE GOT TO DEAL WITH THAT.
NOW, THOSE ARE THE PRESSURES THAT ARE ON US FROM, UH, FROM MANY, FOUR SIDES, THE OPERATIONAL ENVIRONMENT IN WHICH WE'RE, UH, WE'RE IN, IS NOT CHANGING.
THERE ARE STILL HIGH EXPECTATIONS FOR THE SERVICES WE DELIVER.
UM, LAST YEAR WE TALKED ABOUT THE UNKNOWN IMPACTS OF THE TEXAS PROPERTY TAX AND REFORM TRANSPARENCY ACT THAT IS NOW LOST.
SO WE ARE GETTING TO SEE WHAT SHOWS ACT THOSE, THOSE IMPACTS ACTUALLY ARE.
UH, WE CONTINUE TO OPERATE WITH, UH, BY RECEIVING, YOU KNOW, IN THE, IN THE FACE OF RECEIVING UNFUNDED MANDATES AND LOCAL CONTROL ISSUES.
LAST WEEK, WE TALKED ABOUT THIS A LITTLE BIT, UH, AN EXAMPLE FROM LAST YEAR AND SOMETHING THAT'S GOING TO BE RECURRING GOING FORWARD IS, UM, THE LEGISLATURE REDUCED THE CABLE FRANCHISE FEES THAT WE RECEIVE.
SO INSTEAD OF HAVING $150,000 IN FEES THAT COME TO US TO PAY FOR OUR SERVICES, WE EITHER HAVE TO ADJUST OUR SERVICE EXPECTATIONS AND LEVELS, OR WE HAVE TO FUND THAT OUT OF OUR TAX RATE OR ANOTHER FEE THAT HAS TO BE DEVELOPED.
UM, THERE, THERE ARE, UH, PROBABLY STATUTORY LIMITATIONS ON CREATING ANOTHER FEE FOR THAT, BUT CERTAINLY THE PROPERTY TAX IS SITTING THERE.
UM, DESPITE THE FACT THAT WE OPERATE CONSERVATIVELY, THAT WE AS A TOWN AND BECAUSE OF THESE OPERATIONAL PATH PRESSURES, WE MAY NEED TO RECONSIDER EXISTING PHILOSOPHIES AND POLICIES AND PRACTICES THAT WE UTILIZE AS THE PRESSURE TO BALANCE THE FUNDING FOR PEOPLE, OPERATIONS AND INFRASTRUCTURE INTENSIFIES.
I SEE A SILVER LINING AND MOST EVERY CLOUD, THE REVENUE CAPS WILL PUSH US TO THINK DIFFERENTLY AND CONSIDER NEW WAYS OF DOING BUSINESS.
UH, BUT A LOT OF THESE DECISIONS THAT WE'RE GOING TO HAVE TO MAKE, AREN'T GOING TO BE EASY AND, UH, THEY WILL PROBABLY MAKE US UNCOMFORTABLE.
AND, UH, BUT WE'LL HAVE TO MAKE THOSE DECISIONS, UM, REAL QUICK, A COMMENT ON OUR, OUR SITUATION RELATED TO COVID-19.
I HAVE NOT SAID ANYTHING ABOUT THAT YET, BUT WHILE WE ARE NOT IMMUNE TO THE CURRENT COVID-19 RELATED ECONOMIC SHOCK, OUR PROACTIVE AND STRATEGIC ACTIONS HAVE PREPARED THE TOWNS TO WEATHER THE STORM AND SAY TO TAKE ADVANTAGE OF OPPORTUNITIES THAT PRESENT THEMSELVES.
HOWEVER, WE DO ANTICIPATE A CHALLENGING ECONOMIC RECOVERY RECOVERY THAT COULD LAST BETWEEN 18 AND 36 MONTHS.
SO IT'S NOT GOING TO BE SOMETHING THAT GOES AWAY.
THIS BUDGET IS PREPARED WITH AN EYE TOWARDS THE FUTURE, AND THE POTENTIAL IMPACTS OF COVID-19 ON FUTURE FISCAL YEARS AS WELL.
NOT ONLY DOES IT REDUCE REVENUE PROJECTIONS FOR THINGS LIKE PROPERTY TAXES, SALES TAXES, AND HOTEL, OCCUPANCY TAXES, HOTEL, OCCUPANCY TAXES, BUT IT ALSO INFLUENCES EXPENDITURES.
FOR EXAMPLE, A COUPLE OF EXAMPLES, ONE BECAUSE OF THE ACT OF, UH, COVID-19 ON THE ACTIVITIES AT OUR HOTELS, WE'VE SEEN A DRAMATIC DECREASE IN CLICKS.
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IN FACT, IN FISCAL YEAR 2021, WE'RE PROJECTING A 2,500 DECREASE IN THAT REVENUE SOURCE FROM FISCAL YEAR 2020.AND IN ORDER TO BE ABLE TO CONTROL THE COSTS THAT WE ARE, THAT WE HAVE MANAGED IN THE HOTEL OCCUPANTS, EXCUSE ME, THE HOTEL FUND ON MY BUDGET RECOMMENDS THAT WE KEEP THE CONFERENCE CENTER, WHICH IS TYPICALLY FUND IS OPERATIONS ARE FUNDED BY THE HOTEL FUND.
MY RECOMMENDATION IS TO KEEP THAT CLOSE FOR THE ENTIRETY OF FISCAL YEAR 2020.
WELL, THAT'S GOING TO SAVE US MONEY OPERATIONALLY AND CAN HELP THE HOTEL FUND, WHETHER THIS, THIS STORM, BUT WHAT THAT MEANS IS THAT WE'RE GONNA HAVE, WE'RE GONNA, I'M PROPOSING TO ELIMINATE EIGHT FTES, WHICH MEANS MEMBERS OF OUR TEAM THAT ARE GOOD PEOPLE AND DO GOOD WORK.
UH, ASSUMING THAT THE ADOPTION OF THE RECOMMENDATION WOULD NO LONGER BE.
SO THAT'S, THAT'S A HARD TO BE OUT THE PAST SEVERAL YEARS, WE'VE UTILIZED, UH, ANOTHER EXAMPLE.
WELL, AS SEVERAL YEARS, WE'VE UTILIZED PORTIONS OF OUR GENERAL FUND FUND BALANCE, THE CASH FUND ONE-TIME PROJECTS, UH, THE FISCAL YEAR 2021 BUCKS.
IT DRASTICALLY REDUCES THAT AMOUNT.
UH, IT DOES SO ANTICIPATION OF THE IMPACTS OF COVID-19 TEAM ON OUR PROPERTY TAX REVENUE NEXT YEAR AND THE YEAR AFTER THAT.
SO ONE OF THE SURPRISES, THE MINI THAT WE RECEIVED FROM COVID-19 IS RELATED TO, UM, IS RELATED TO PROPERTY.
WE'VE TALKED ABOUT HOW OUR PROPERTY I USED THIS YEAR SHOULD BE OKAY, BUT BECAUSE WE DID NOT GET A CERTIFIED TAX ROLL FROM THE APPRAISAL DISTRICT, UH, BY JULY 25TH, LIKE WE TYPICALLY DO, THEY PROVIDED A CERTIFIED ESTIMATE THAT SHOWS A DRAMATIC REDUCTION IN THE ASSESSED VALUE OF OUR PROPERTIES AND ASSETS.
SO WE'RE PLANNING FOR A 4.0 ALMOST A 4.9, $9 BILLION, UH, ASSESSED VALUE THAT, UH, THAT CERTIFIED ESTIMATES SHOWS THAT AT 4.3 BILLION, WHICH IS WHAT YOU WOULD JUST SEE SO THAT WE ANTICIPATE BEING CLOSER TO THE 4.9 NUMBER, BUT NEXT YEAR IT WOULD NOT BE UNREALISTIC TO SEE SOMETHING WHERE THERE'S A REDUCTION THAT HAS THAT KIND OF AN IMPACT, AND THAT KIND OF A REDUCTION AS AN IMPACT ON THE LEVEL OF SERVICES WE PROVIDE THE TAX RATE, WE WOULD NEED TO PROVIDE THE FUND, THOSE SERVICES, ET CETERA.
SO WHILE COVID-19, IT HAS BEEN HORRIBLE, WE'VE GOTTEN THE KIND OF A GLIMPSE OF WHAT COULD HAPPEN NEXT YEAR BY THE COVID-19 SITUATION.
THAT'S, THAT'S CAUSED THE CERTIFIED ESTIMATE TO COME FROM US AS OPPOSED IT'S A CERTIFIED TAX RULE.
SO THIS, THIS BUDGET ALLOWS US TO CONTINUE TO PROVIDE THE EXCELLENT SERVICES THAT RESIDENTS AND BUSINESSES EXPECT AND PREPARES US TO ADDRESS REVENUE CONSTRAINTS THAT WE WILL FACE IN THE FUTURE.
ALL OF THESE THINGS THAT WE'RE DOING NOW, WE'RE TRYING TO MAKE SURE WE'RE TAKING THE LONG VIEW, THE LONGTERM VIEW OF THINGS.
AND I THINK IT'S INDICATIVE OF, I THINK THERE ARE, THERE ARE ENTITIES OUTSIDE OF THE TOWN OF ADDISON THAT RECOGNIZE THE EFFORT THAT WE'RE GOING TO TO MAKE SURE THAT WE'RE MANAGING OUR, OUR FINANCIAL AFFAIRS AND BUDGETARY AFFAIRS EFFECTIVELY.
AND AN EXAMPLE OF THOSE ENTITIES ARE THE RATING AGENCIES.
WE'RE PREPARING TO SELL THAT HERE, UH, IN, ON AUGUST 11TH AND THE RATING AGENCIES JUST TAKE A LOOK AT HOW WE OPERATE FINANCIALLY TO SEE WHETHER OR NOT OUR, WE ARE A GOOD INVESTMENT AND THEY BOTH S AND P AND MOODY'S IN REAFFIRMING, OUR AAA BOND RATINGS WITH BOTH ENTITIES TELL US, YOU HAVE FROM A FINANCIAL MAN MANAGEMENT STANDPOINT, YOU GUYS ARE DOING THE RIGHT THINGS.
SO I'M PLEASED TO SAY THAT THE THINGS THAT WE'RE DOING NOW IN THAT THEY'RE PROPOSED IN THIS FISCAL YEAR, THIS FISCAL YEAR 20, 2021 BUDGET ARE NOT JUST LOOKING AT THIS YEAR.
WE'RE TRYING TO MAKE SURE THAT WE CAN MAKE THE BEST OF THE SITUATIONS WE WILL FACE.
I DON'T LEAVE THIS YEAR, BUT IN THE NEXT TWO FISCAL YEARS, AS WELL AS WE DEMAND THAT WE, WHETHER THIS CODE WAIT 19 FINANCIAL INFO OR PICKING ON HIM, MAYOR AND COUNCIL, I'M GOING TO TURN THE TIME OVER TO STEVEN GLICKMAN, UH, TO CONTINUE THIS PRESENTATION, TO SHARE SOME INFORMATION ABOUT OUR PROPERTY TAX VALUES, TAX RATES, ET CETERA.
AND THEN AS WE GET THROUGH THIS PRESENTATION, IF YOU HAVE QUESTIONS, DON'T HESITATE TO ASK THEM.
BUT IF THERE'S A TIME, IF, IF WE WANT TO DISCUSS SOMETHING MORE, UH, IN A MORE PROLONGED MANNER, WE CAN CERTAINLY COME, YOU KNOW, HOLD THAT TO AN APPROPRIATE PAUSE POINT AND HAVE THOSE CONVERSATIONS AT AN APPROPRIATE TIME.
UH, WE WANT TO HAVE WHATEVER CONVERSATION
[00:20:01]
YOU HAVE, BUT ALSO TRY TO MAKE SURE THAT WE GIVE YOU THE INFORMATION, UH, THAT YOU NEED TO HAVE YOUR YES.DO YOU WANT US TO, IF WE HAVE A QUESTION DURING THE PRESENTATION YOU WANT YEAH.
YOU CAN ASK THE QUESTION IF IT, IF IT REQUIRES, IF IT REQUIRES A DISCUSSION FROM THE COUNCIL, WE MAY SAY LET'S ANSWER THE QUESTION.
IS IT A DISCUSSION A LITTLE BIT LATER, BUT CERTAINLY ASK ME THAT QUESTION ANYTIME.
MAYOR AND COUNCIL, UH, STEVEN BLAKE, CHIEF FINANCIAL OFFICER.
SO THE FISCAL YEAR 2021 BUDGET AS A, A TOTAL CONSOLIDATED BUDGET IS $78.3 MILLION.
THE OUTSIDE OF THE BUDGET SHOWS THE TOTAL, THE FUNDS GENERAL FUND $38.7 MILLION.
OUR ENTERPRISE FUNDS, WHICH MAKE THAT AIRPORT A WATER UTILITY FUND AND THE STORM DRAINAGE FUND $20.2 MILLION.
OUR DEBT SERVICE FUND $7.8 MILLION.
OUR SPECIAL REVENUE FUNDS, PRIMARILY HOTEL AND ECONOMIC DEVELOPMENT, UH, $8.7 MILLION.
AND THEN OUR INTERNAL SERVICE FUNDS, WHICH COMPRISE, UH, EQUIPMENT REPLACEMENT AND INFORMATION TECHNOLOGY THAT REPLACED IT.
UH, THIS IS A, THIS IS A LOOK AT THE PROPOSED BUDGET WITH A 0% MERIT IN FISCAL YEAR 21, WHICH IS WHAT THE PROPOSED BUDGET INCLUDES.
UM, AND TH THIS, THE PROPOSED TAX RATE OF JUST 61 CENTS AND ANYTHING OUT YEARS IN THIS, THIS, UM, SCENARIO, IT ANTICIPATES A 3% MERIT MERIT INCREASE IN THE OUT YEARS.
AND YOU CAN SEE THAT, UH, GENERALLY, UH, REVENUE AND EXPENDITURE ARE TRENDING VERY FAVORABLY.
UM, FOR, AS FAR AS THAT GOES, THE FUND BALANCE DOESN'T CHANGE VERY MUCH, WHICH IS GOOD.
HOWEVER, THE EXPENDITURES GO UP.
SO THAT MEANS THAT THAT MINIMUM FUND BALANCE IN THOSE OUT YEARS INCREASES SLIGHTLY.
SO THAT THAT PERCENTAGE WOULD GO DOWN SLIGHTLY.
THIS SLIDE IS THE NEW, NO NEW REVENUE TAX RATE WITH A 0% MERIT INCREASE.
SO BECAUSE OF THE PROPOSED TAX RATE IS, IS FAIRLY CLOSE.
IT'S JUST 0.8, 1 CENT ABOVE THE, UH, NO NEW REVENUE TAX RATE IT'S LOOKS FAIRLY SIMILAR TO THE PREVIOUS SLIDE.
HOWEVER, UH, THE FUND BALANCE, BECAUSE, YOU KNOW, THE ADDITIONAL TAXES THIS YEAR WOULD COMPOUND OVER, UH, OVER TIME.
UH, THE, THE FUND BALANCE ENDING IN THIS SCENARIO IS ABOUT 14 MILLION.
WHEREAS IN THE PREVIOUS SCENARIO WAS A LITTLE BIT HEALTHIER AT ABOUT 17, UH, REVENUES AND EXPENDITURES.
AND IF IT CAN'T CHANGE HERE, EXCEPT YOU CAN, YOU CAN KIND OF GET A VISUALIZATION OF HOW, UH, SOMETHING, A DECISION AFFECT ME IN THIS CURRENT FISCAL YEAR, UH, WOULD, WOULD TRICKLE DOWN TO, UH, YOU KNOW, 10 YEARS FROM NOW, OUR PROPERTY TAX VALUES AND TAX RATE.
SO THE CERTIFIED ESTIMATE THAT WE RECEIVE AS WEST MENTIONED, THAT WAS, UH, $4.3 BILLION.
WE'RE ESTIMATING APPROXIMATELY 4.8, $6 BILLION IN PROPERTY VALUES WHEN EVERYTHING IS IN ENDS UP BEING FINISHED THROUGH THE APPRAISAL PROCESS, UH, THE PREVIOUS YEAR'S CERTIFIED ASSESSED VALUES WERE 4.8, $2 BILLION.
AND THOSE HAVE BEEN, UM, THROUGH, THROUGH SUPPLEMENTAL, UM, CHALLENGES TO THOSE, THOSE APPRAISED VALUES.
WE'VE SEEN A REDUCTION IN LAST YEAR'S VALUES OF ABOUT 80 MILLION.
SO THE ACTUAL AMOUNT THAT WE GOT TACK THAT WE'RE TAXED WAS CLOSE.
UH, SO, SO THERE'S, UH, THERE'S BEEN A LITTLE BIT OF, MMM, AS FAR AS COMMERCIAL PROPERTIES GO MORE YEAH.
OR, UM, CHALLENGES TO THOSE APPRAISE VALUES AND NOT NECESSARILY JUST ACCEPTING WHAT THE APPRAISAL REVIEW BOARD DETERMINES, BUT LITIGATING THOSE THINGS AND ULTIMATELY GETTING SOME REDUCTIONS THROUGH A PROVEN LEGAL PROCESS IN SUBSEQUENT YEARS, STEVEN.
SO I KNOW ABOUT OUR ESTIMATE IS 4.3 A WEEK ON THE FOLLOWING TWO YEARS THAT WE PUT OR WE PROJECTED, OR WHAT YOU HAVE CALCULATED INTO THAT LAST GRAPH, AS FAR AS APPRAISAL VALUES, AS FAR AS THE VALUES GO, THERE WAS THERE WASN'T ANYTHING
[00:25:01]
ASSUMED IT WAS A BRIEF 0.5% REVENUE INCREASE.SO REGARDLESS OF IF THE VALUE STAYED THE SAME, IT WOULD BE A 3.5% INCREASE IN THE TAX RATE.
IF THE VALUES WENT UP 3%, THREE AND A HALF PERCENT, THAT WOULD BE 0% INCREASE IN THE TAX RATE.
IS THAT, DOES THAT MAKE SENSE? UH, THE CURRENT YEAR PROPERTY TAX RATE IS 58.35 CENTS.
THE PROPOSED PROPERTY TAX RATE IS 61 ZERO THREE SIX 7 CENTS.
UH, THE BIGGEST INCREASE THERE IS RELATED TO, UH, UH, PET SERVICE, UH, WHICH WE ARE ON AUGUST 11TH, SELLING REFUNDING BONDS, AND ALSO YOUR GENERAL OBLIGATION BONDS.
SO THE, THE LARGEST CHUNK OF THAT PROPERTY TAX INCREASE, THERE'S RELATED TO A TOTAL CERTIFIED VALUE HISTORY.
AND YOU CAN SEE A VERY SLIGHT INCREASE, THE TOP LINES, COMMERCIAL PROPERTIES.
THE BOTTOM IS RESIDENTIAL THAT WE HAD JUST ABOUT A $30 MILLION INCREASE ANTICIPATED FOR RESIDENTIAL AND JUST ABOUT A $14 MILLION YEAR INCREASE ANTICIPATED COMMERCIAL PROPERTIES.
THIS IS THE SAME DATA, JUST A LITTLE BIT DIFFERENT VIEW.
THIS ALSO BREAKS DOWN, UM, OUR COMMERCIAL REAL PROPERTY BUSINESS, PERSONAL PROPERTY, AND RESIDENTIAL PROPERTY.
I WAS SURPRISED THAT BUSINESS PERSONAL THE BUSINESS PROPERTY WENT DOWN ANY INSIGHT THERE.
THAT ONE IS, SEEMED TO FLUCTUATE MORE.
IT WENT UP PRETTY SIGNIFICANTLY LAST YEAR.
AND THROUGH WHAT I BELIEVE IS THROUGH, AGAIN, THE CHALLENGE, I THINK WE'VE HAD SEVERAL OF OUR, UM, BUT THE OWNERS OF AIRCRAFT AND WHICH IS PRIMARY.
IT WAS PRIMARILY OUR BUSINESS PERSONAL PROPERTY HERE, UH, THAT HAVE CHALLENGED THOSE, THOSE ASSESSED VALUES ON THEIR, ON THEIR AIRCRAFT.
SO, UH, THAT ONE HAS SEEMED TO GO IT'S A LITTLE BIT MORE THAN A LITTLE BIT MORE TOUCHY.
UM, IT'S LAST YEAR, IT WENT UP PRETTY SIGNIFICANTLY THIS YEAR.
IT WENT BACK MORE ALONG THE LINES OF WHAT IT WAS IN 2019.
SO IT'S, IT'S JUST BEEN A LITTLE BIT MORE, UM, NO, IF YOU LOOK AT THAT, WHEN YOU CAN SEE BACK IN 2012, THAT WAS ABOUT THE NIGHT 15% OF THE OVERALL VALUES, AND NOW IT'S, IT'S GONE, GONE DOWN TO 50%.
SO I THINK AGAIN, THE OVERALL COMMERCIAL SIDE IS JUST MORE, MORE OF THE CHALLENGING.
THIS IS AGAIN, THE SAME INFORMATION, JUST A PIE CHART.
LOOK AT IT, THE VAST JORDY, THEY'RE THE BLUE SECTION, COMMERCIAL BUSINESS, PERSONAL PROPERTY, THE ORANGE SECTION, AND THEN 14% OF THAT RELATES TO RESIDENTIAL.
AND THIS IS THE SAME CHART, BUT, BUT IN DOLLAR TERMS, RIGHT, WHAT THE PROPOSED TAX RATE WOULD GENERATE AND FAR AS FAR AS THE GROSS DOLLARS ON THE COMMERCIAL SIDE, JUST UNDER $21 MILLION BUSINESS, PERSONAL PROPERTY, JUST TO, FOR $4.5 MILLION AND RESIDENTIAL JUST UNDER 4.3.
AND THIS IS, THIS IS A, WHAT WE CALL THE SEESAW EFFECT.
SO, UM, AS APPRAISED VALUE GOES UP, OUR NO NEW REVENUE TAX RATE, WHICH IS THE TAX RATE TO GENERATE THE EXACT SAME AMOUNT OF REVENUE ON THE SAME PROPERTIES AS THE PREVIOUS YEAR, THAT RATE WOULD GO DOWN THE VALUES, GO UP IF THE VALUES GO DOWN THERE, RIGHT? SO IF, IF EVERYTHING'S EQUAL, UH, IF THOSE VALUES DON'T CHANGE AND THAT IT STAYS VERY CONSISTENT.
SO WITH THE, WITH THE RATES THAT WE GOT FROM A DALLAS COUNTY TAX OFFICE, BECAUSE THIS IS A PERFECT EXAMPLE OF THIS, BECAUSE THE VALUES THAT THEY WERE ESTIMATING WERE SO FAR BELOW WHAT, UH, WHAT THEY WERE IN THE PREVIOUS YEAR, YOU CAN SEE THAT THAT NUMBER, YOUR REVENUE RATE SHOT UP.
SO IT WENT UP TO JUST UNDER 64 CENTS, UH, BASED ON WHAT THE VALUES WERE.
THIS IS A CHART THAT SHOWS ALL OF THE CITY TAX RATES WITHIN DALLAS COUNTY.
THIS ONLY INCLUDES THE PROPOSED FISCAL YEAR 21 RATE FOR ADDISON, ALL OF THE OTHER CITIES.
THOSE ARE THE PREVIOUS YEAR FISCAL YEAR, 2020 TAX RATES.
AND THAT'S, THIS IS SO EARLY IN THE PROCESS THAT WE DON'T, WE DON'T HAVE THAT DATA YET ON ANY OF THE OTHER CITIES.
UM, ADDISON IS A LITTLE BIT BELOW, UM, UH, MID POINT THERE, A MEDIUM 67 CENTS, PRETTY SIGNIFICANTLY BELOW THAT A MEAN OF 63.20 CENTS.
[00:30:02]
UH, STILL, UH, ABOUT TWO, 2.2 CENTIMETERS.UH, THIS IS THE TAX RATE COMPARISON, UH, FOR OUR COMPARISON CITIES.
UM, SO SOME OF THESE WERE IN THE PREVIOUS SLIDE.
SOME OF THESE CITIES ARE NOT IN DALLAS COUNTY.
UM, ADDISON IS ON THE HIGHER END COMPARED TO, TO THESE CITIES.
HOWEVER, IT IS INTERESTING TO NOTE THAT SOME OF THESE CITIES DON'T OFFER THINGS SUCH AS A HOMESTEAD EXEMPTION, UM, OR OTHER EXEMPTIONS.
SO WHEN YOU LOOK AT IT, FOR INSTANCE, I JUST CAN'T CAME FROM THE CITY OF ALLEN.
UH, THEIR TAX RATE IS 49 CENTS, BUT THEY DON'T OFFER A HOMESTEAD EXEMPTION.
SO IF YOU APPLY THEIR TAX RATE TO A HUH HUNDRED THOUSAND DOLLAR HOME, AND YOU APPLIED OUR TAX RATE TO A HUNDRED THOUSAND DOLLAR HOME, BUT THEY HAD THE HOMESTEAD EXEMPTION, YOU WOULD ACTUALLY BE PAYING LESS TAX, UH, IN ADDISON IT AS A, AS A YEAH.
STEVEN, IS THAT, SIR, WHAT YOU JUST SAID IS THAT KIND OF RARE, OR WE FIND IF WE LOOKED AT ALL OF THOSE TO SEE THAT THERE'S QUITE A FEW THAT DON'T OFFER, I MEAN, ADDISON OFFERS THE MAXIMUM HOMESTEAD EXEMPTION 20%.
UM, THERE ARE SOME ON THIS LIST THAT DO OFFER THE 20% HOMESTEAD EXEMPTION, PLANOS AND EXAMPLE.
UM, I KNOW FOR INSTANCE, CARROLLTON DOES SOME OF THEM DON'T OFFER ONE AT ALL, SUCH AS ALLEN, UH, LEWISVILLE DOES NOT.
UM, UH, LET'S SEE, MCKINNEY DOES NOT.
UM, SOME OF THEM OFFER A SMALLER ONE SUCH AS FLOWER MOUNTAIN, THEY OFFER TWO AND A HALF PERCENT.
SO IT'S A PRETTY BIG DIFFERENCE FROM 20% TO TWO AND A HALF PERCENT.
UM, SO, SO THERE'S, HERE'S A COMPLETE, A COMPLETE RANGE IN THERE.
SO, UH, I THINK MORE OF THESE OFFER OFFERS HERE, EURO THE NUDE 20%.
UM, SO, SO IT MAKES THE, THE RATE TO RATE COMPARISON IS YEAH.
WHEN NOT ADJUSTED FOR THAT, IT'S NOT, IT'S NOT AN APPLES TO APPLES COMPARISON WITHOUT EFFECTS SOMEBODY THAT HAS A HOMESTEAD.
UH, COMPARISON CITIES, THIS IS THE MMM AVERAGE PROPERTY TAX OR AVERAGE PROPERTY VALUE AND AVERAGE PROPERTY TAX BILL FOR THESE CITIES.
THEY'RE IN OUR COMPARISON GROUP, THE BLUE IS THE, IS THE TAXABLE VALUE OF HOME.
AND THEN THE GREEN LINE IS THE AVERAGE PROPERTY TAX BILL.
UM, UNIVERSITY PARKS CAN USE THIS CHART A LITTLE.
SO WE HAVE ALSO PREPARED THIS EXCLUDING AND THEN, WHICH MAKES IT A LITTLE BIT MORE TO SCALE.
AND YOU CAN SEE THAT SOME OF THOSE, YOU KNOW, YOU CAN SEE THAT SOME OF THOSE, SOME OF THE ONES THAT HAVE HIGHER PROPERTY VALUES SUCH AS THE CITY OF GRAPEVINE THEY'RE AT THE BOTTOM AT THEIR PROPERTY TAX BILLS ARE A LITTLE BIT LOWER, UH, IN COMPARISON TO THEIR VALUES.
UM, ADDISON SEEMS TO BE PRETTY, PRETTY SQUARELY IN THE MIDDLE OF THIS CHART.
UM, ANY QUESTIONS SO FAR ABOUT STEVEN? YES.
DID YOU CALCULATE THAT WHEN TAKING INTO ACCOUNT THE DIFFERENCE IN EXEMPTIONS, UH, I'M GOING TO HAVE TO GO BACK AND THINK IT WOULD WITH THE PROPERTY TAX BILL.
I WOULD HAVE TO, I WOULD HAVE TO VERIFY THAT ON THE BACK END, I DO HAVE A COMPARISON LIKE THAT.
I DON'T KNOW IF IT'S INCLUDED IN THIS CHART.
GOOD TO KNOW THAT THIS IS A ANOTHER CHART THAT HAS THE, OUR GROUP OF COMPARISON CITIES, UH, AND AT WHAT ADDISON'S TAX RATE, UH, WOULD BE, UM, IF WE HAD THEIR PROPERTY VALUATION.
SO, UH, IF WE HAD THE CITY OF PLAINTIFF'S PROPERTY VALUATION, OUR TAX RATE WOULD BE JUST OVER 5 CENTS.
UM, UNFORTUNATELY EVERY, EVERY CITY LISTED ON HERE HAS A HIGHER, A TAXABLE VALUE PROPERTY WISE THAN ADDISEY FARMERS, BRANCHES.
I REALLY, BY FAR THE MOST COMPARABLE AND THAT'S STILL A FAIRLY SIGNIFICANTLY, UM, PROPERTY VALUE THERE.
SO, UH, IT'S JUST, UH, AN INTERESTING CHART TO COMPARE.
SO THE FISCAL YEAR, 2021 PER PROPERTY TAX RATES COMBINED FOR A ADDISON, UH, RESIDENT OR BUSINESS, UH, THE TOTAL COMBINED TAX RATE IS ESTIMATED TO BE JUST UNDER $2 AND 56 CENTS, UH, NOTING ON THIS SLIDE THAT ALL OF THE OTHER ENTITIES TAX RATES ARE FROM THE CURRENT TAX YEAR OF FISCAL YEAR, 2020, AS WE DID NOT HAVE THAT DATA YET.
[00:35:01]
YEAR AT AN ESTIMATED COMBINED TAX RATE OF $2 AND 64 CENTS.SO THIS IS A PRETTY SIGNIFICANT REDUCTION, UM, WITH REGARDS TO THE OVERALL TAX RATE.
AND THAT IS REALLY BECAUSE DALLAS ISP WITH SOME OF THE LEGISLATION THAT OCCURRED LAST YEAR, AND I WAS ABLE TO DROP THEIR TAX RATE RECENTLY THAT'S TWO YEARS IN A ROW, RIGHT? FOR DAST.
WE DON'T KNOW THEIR, THEIR RATE YET FOR THIS YEAR.
SO ASSUMING THEY DID AGAIN THIS YEAR, WHICH I DON'T KNOW IF THEY WOULD, I THINK LAST WAS THE ONE THAT WOULD HAVE THE BIG DROP OFF.
SO WHEN YOU GO BACK TO THAT LAST SLIDE, YOU SAID THE COMBINED, THE ESTIMATED, THIS IS AN ESTIMATED IN MY TAX RATE RIGHT NOW.
WHY, WHY WOULD IT BE GOING DOWN FROM $2 AND 61, $3 AND 55 LAST YEAR OF DALLAS ISD WAS DEPICTED AS A DOLLAR AND 41 CENTS.
OH, BECAUSE WE DIDN'T HAVE THE REAL, WE DIDN'T HAVE THE CORRECT.
UH, THIS IS A, UH, DEPICTION OF THE FISCAL YEAR, 2020 AND FISCAL YEAR PROPOSED FISCAL YEAR 2021 PROPERTY TAX RATES LAST YEAR, THE NEW, NO NEW REVENUE TAX RATE WAS 55 TO THREE 71.
UH, THE VOTER APPROVAL RATE WAS 59 HE'D RATHER THAN 33.
AND THEN THE ADOPTED A RAPE WAS 58 35 THIS YEAR.
AND AGAIN, THE NO NEW REVENUE AND VOTER APPROVAL RATE.
THOSE ARE OUR ESTIMATES BASED ON OUR ESTIMATE OF WHAT THE TAXABLE VALUE OF OUR PROPERTIES ARE GOING TO BE.
THE RATES THAT WERE CALCULATED BY DALLAS COUNTY, WHICH ARE OUR OFFICIAL RATES THAT WILL BE ADVERTISED AS FAR AS OUR TRUTH AND TAXATION REQUIREMENTS, UH, ARE SIGNIFICANTLY HIGHER THAN OUR ESTIMATES HERE.
UM, BUT OUR ESTIMATES ARE A BETTER DEPICTION OF WHAT WE ANTICIPATE, UM, WHEN, WHEN EVERYTHING IS, UH, WORKS ITS WAY THROUGH THE APPRAISAL PROCESS.
AND THEN IT GIVES A BETTER RELATIONSHIP AS TO WHAT THE, THE PROPOSED RATE IS IN RELATION TO THE NOVI REVENUE TAX RATES.
SO OUR CALCULATION OF THE NO NEW REVENUE TAX RATE IS JUST OVER 60 CENTS, 61, SIX ONE EIGHT ONE EIGHT, I'M SORRY, 16 ONE SIX EIGHT, FOUR, AND THEN THE VOTER APPROVAL RATE OF 63 CENTS DOT SIX 41.
AND THEN THE PROPOSED RATE IS JUST OVER 61 CENTS 61 ZERO THREE SIX SEVEN.
SO JUST ABOUT 0.8 OVER THE, UH, YOU KNOW, WE READ THEIR TEST.
I JUST WANTED TO REMIND YOU AS TO THE NEW NAME FOR EFFECTIVE RATE, AS A KNOWN REVENUE RATE, WE'LL BACK AWAY.
SO THAT'S THE NAME CHANGE LAST YEAR.
SO WHAT ELSE ARE THESE NUMBERS UP HERE THAT ARE BEING SHOWN RIGHT NOW? WELL, THE PROPOSED RATE IS YOU'RE TALKING ABOUT PAGE LIVING OF PROPOSED BUDGET, THE PROPOSED, THE, THE, I'M SORRY, THE, YEAH, THE, THE, THE, MY PROPOSED TAX RATE OF 61 ZERO THREE, SIX 7 CENTS IS WHAT'S DEPICTED HERE.
BUT AS STEVEN EXPLAINED, IN ORDER TO, WE ARE REQUIRED TO SHOW WHAT THE TAX ASSESSOR'S OFFICE CALCULATES AS OUR TAX RATES, AS FAR AS ADVERTISING PURPOSES, AND THEY'RE REQUIRED TO CALCULATE THAT TAX RATE BASED ON THE CERTIFIED ESTIMATES THAT THEY RECEIVED.
SO THE VALUES, THE VALUES THAT YOU SEE ON THIS SLIDE ARE RIGHT HERE, ARE IN LINE WITH WHAT WE THINK THAT THE NO NEW REVENUE RATE AND THE VOTER APPROVAL RATE WOULD BE THE VALUE THAT THE PROPERTY VALUES CAME IN AT 4.8, 6 BILLION.
BUT THAT WAS, BUT WHAT WE HAVE INCLUDED HERE IS WHAT, WHAT WE INCLUDED IN HERE WAS WHAT WE WOULD HAVE TO USE FOR NOTIFICATION FOR ADVERTISING PURPOSES.
AND WE'RE IN, THAT'S WHERE WE'RE USING WHAT DALLAS, THE DALLAS COUNTY TAX ASSESSOR'S OFFICE PROVIDED TO US.
SO THERE IS A DIFFERENCE THERE.
UM, THERE IS A DIFFERENCE THERE, THERE IS A PARAGRAPH ON PAGE EIGHT OF THE BUDGET BOOK THAT GOES OVER THIS, THIS ESTIMATE AND THE CALCULATION OF BASIC BASICALLY SAYING THAT WE'RE USING THE $3.9 MILLION
[00:40:01]
TAXABLE VALUE RATHER THAN THE $3 MILLION TAXABLE VALUE.UM, SOME PAGE FOUR, SORRY, PAGE FOUR, PAGE FOUR IN THE TAX RATE SECTIONS EXPLAINS WHAT I JUST SAID.
UM, CONTINUING ON THIS SLIDE, THAT THE DIFFERENCE IN THE ESTIMATED, UH, NO NEW REVENUE TAX RATE COMPARED TO LAST YEAR'S NO NEW TAX REP, NO NEW REVENUE TAX RATE IS JUST UNDER 5 CENTS.
UH, THE VOTER APPROVAL RATE, UH, FROM YEAR TO YEAR IS ESTIMATED AT JUST OVER 4.50 CENTS.
AND THEN THE PROPOSED RATE IS
THIS IS A DEPICTION OF THE REVENUE THAT WOULD BE GENERATED, UM, FROM, UH, THE RATES IN FISCAL YEAR 20, AND THEN THE PROPOSED RATE IN FISCAL YEAR 21.
AND THE DIFFERENCE, UM, AGAIN, THAT THAT PROPERTY TAX RATE, THE DIFFERENCE IS JUST UNDER 2.70 CENTS.
UM, THE CHANGE IN VALUES IS JUST, UH, 0.04 BILLION, WHICH IS 40 MILLION.
UH, THE TOTAL TAX LEVY IS AN INCREASE OF 1.5 MILLION.
THE MAJORITY OF THAT IS FOR DEBT SERVICE ON THE BONDS THAT WE PLAN TO HAVE NEWLY ISSUED ON AUGUST 11TH, ONE PENNY ON THE TAX RATE OF $482,000 IN FISCAL YEAR 20, AND THAT $486,000 PROJECTED FOR FISCAL YEAR 2021, A DIFFERENCE OF $4,000.
AND THEN OUR TAX COLLECTIONS, WHICH WE ESTIMATE AT 96 AND A HALF PERCENT.
UH, AGAIN, THOSE ARE A ONE AND A HALF MILLION DOLLAR INCREASE.
THE MAJORITY OF THAT FROM GOING TO SERVICE DEBT, THIS SLIDE IS A PROPERTY TAX RATE PROJECTION.
THIS SHOWS AGAIN, DATA FOR THE NODEY REVENUE TAX RATE, THE PROPOSED TAX RATE AND THE VOTER APPROVAL TAX RATE.
UH, AGAIN, THE, THE NO NEW REVENUE RATE AND THE VOTER APPROVAL RATE ARE CALCULATED BASED ON THAT $4.9 MILLION TAXABLE VALUE.
AND THEN WE ALSO HAVE TWO COLUMNS THAT WOULD SHOW WHAT A HALF PENNY ABOVE THE VOTER APPROVAL RATE AND A FULL PENNY ABOVE THE VOTER APPROVAL RATE WOULD GENERATE.
SO THE PROPOSED TAX RATE, WHICH IS THE SECOND COLUMN, IF YOU GO TO THE LEFT OF THAT, UH, CHANGING THE PROPOSED BUDGET TO THE NO NEW REVENUE TAX RATE WOULD MEAN A $407,000 REDUCTION.
AND THE REVENUE THAT'S DEPICTED IN THE PROPOSED BUDGET, UH, USING THE VOTER APPROVAL RATE WOULD BE A $1.2 MILLION INCREASE OVER THE PROPERTY TAX, WHICH GENERATED IN THE PROPOSED BUDGET, AND THEN GOING A HALF CENT ABOVE THAT WOULD GENERATE AN ADDITIONAL $234,000, AND THEN GOING AN ADDITIONAL HALF CENT ABOVE THAT WOULD GENERATE AN ADDITIONAL $234,000.
IT GETS IMPORTANT TO, TO UNDERSTAND THAT THE VOTER APPROVAL TAX RATE HERE IS THE 8% RATE THAT THE COUNCIL DIRECTED US TO CALCULATE THIS AD.
SO IF, IF THE COUNCIL WANTED TO INCREASE, FOR EXAMPLE, REVENUES BY THREE AND A HALF PERCENT, THEN IN ADDITION TO THE PROPOSED RATE, YOU'D BE LOOKING AT A LITTLE OVER 300,000, AN ADDITIONAL 300,000.
UH, THIS IS A DEPICTION OF THE PROPERTY TAX RATES OVER THE LAST THREE YEARS.
FISCAL YEAR 2019 WAS A 55 CENT RATE THAT FISCAL YEAR, 2020 58.35.
AND THE PROPOSED FISCAL YEAR 2021 IS 60 ONE.ZERO THREE 7 CENTS.
AND THE MAJORITY OF THAT INCREASE AGAIN FOR FISCAL YEAR 21 IS THE INTEREST IN SINKING PORTION TO BUY DEBT SERVICE.
[00:45:02]
THIS IS A DEPICTION OF PROPERTY TAX REVENUES FROM FISCAL YEAR 2019, OUR BUDGET FOR FISCAL YEAR 20, AND THEN THE PROPOSED BUDGET FOR FISCAL YEAR 2021.UH, THE DATA THAT'S DEPICTED HERE DOES NOT INCLUDE ANY DELINQUENT TAXES, PENALTIES AND INTEREST, UM, THE GENERAL FUND SIDE OF THE PROPERTY TAX WORLD, UH, FOR THIS YEAR, UH, WITH THE PROPOSED BUDGET COMPARED TO LAST YEAR'S BUDGET IS A 3.2% INCREASE.
UH, ECONOMIC DEVELOPMENT IS A 0.9% INCREASE.
UH, INFRASTRUCTURE INVESTMENT FUND IS 8.9% INCREASE.
AND THE DEBT SERVICE FUND IS A 12.9% INCREASE.
AND THAT RELATES TO THE 2020, UH, PROPOSED GENERAL OBLIGATION BONDS, UH, TOTAL TAX, UH, INCREASE OF APPROXIMATELY 5.6%.
THIS IS A GRAPHICAL REPRESENTATION OF THE PAST 10 YEARS OF PROPERTY TAX RATES.
UM, YOU CAN SEE THAT THIS YEAR, THE MAIN INCREASE THERE IS RELATED TO DEBT SERVICE OF JUST UNDER 2 CENTS.
THIS IS A DEPICTION OF THE RESIDENTIAL PROPERTY TAX PORTION OF GENERAL FUND REVENUES.
AND THIS IS ALL GENERAL FUND REVENUES.
SO THE ENTIRE $38.7 MILLION REVENUE BUDGET OF THAT RESIDENTIAL PROPERTY TAXES ARE APPROXIMATELY 8% OF THE TOTAL IMPACT ON THE AVERAGE HOMEOWNER STEVEN.
COULD YOU GO BACK TO THAT? I WAS THINKING OUR RESIDENTIAL PROPERTY TAX IS REPRESENTED BY 14%.
THAT WAS A TOTAL PROPERTY TAXES.
SO THIS IS INCLUDING TOTAL REVENUE IN THE GENERAL FUND.
SO IT'S GOT THE SALES TAX IMPACT ON THE AVERAGE HOMEOWNER.
SO THE AVERAGE HOME VALUE, SO SOMETHING THAT WE, THAT WE CHANGE A LITTLE BIT WITH THIS IS PREVIOUSLY, UM, WE WEREN'T SHOWING KIND OF WHAT THE MARKET VALUE OF THE HUBS ON AVERAGE.
SO THE AVERAGE HOME VALUE IS THE AVERAGE MARKET VALUE PER THE APPRAISAL DISTRICT.
UH, THE AVERAGE TAXABLE VALUE IS THE VALUE OF THE PROPERTIES, LESS, THE AVERAGE EXEMPTIONS THAT, THAT EVERY, UH, EVERY TAX OWNER FOR EVERY HOMEOWNER IN ADDISON GETS.
SO IT'S ON THAT TAXABLE VALUE THAT THE TAX RATE IS APPLIED.
SO WHEN YOU TAKE THAT AVERAGE TAXABLE VALUE BY THE PROPOSED TAX RATE, UH, THAT THE ANNUAL TAX BILL WOULD BE JUST OVER 2050 $4, WHICH IS AN INCREASE OF $133, WHICH COMES OUT TO THE LEFT JUST OVER $11, $11 AND 8 CENTS PER MONTH, AS 8%.
STEVEN THAT'S JUST UNDER 7%, RIGHT? IT DOESN'T INCREASE.
AND THIS IS JUST THE ADDISON PORTION.
THIS IS JUST THE ADDISON PORTION, CORRECT.
THIS IS A, THIS IS A PRICE COMPARISON, CABLE AND INTERNET, UM, $150.
UM, I GUESS IF YOU'RE LUCKY, $150, UM, CITY SERVICES, $171 PER MONTH.
AND FOR THAT, YOU GET, YOU KNOW, AT LEAST PROTECTION FIRE, AMBULANCE, UH, STREETS, LIGHTING, MAINTENANCE, LIBRARY, PARKS, ATHLETIC CENTER, ANIMAL CONTROL, UH, ENVIRONMENTAL HEALTH BUILDING INSPECTIONS, PROPERTY STANDARDS, AND PROBABLY SOME MORE, UM, YOU KNOW, I THINK ANOTHER INTERESTING COMPARISON IS, UH, STARBUCKS $5 A DAY, FIVE, $6 A DAY, UH, ENDS UP BEING MORE THAN MORE THAN WHAT THE AVERAGE HOMEOWNER PAYS FOR ALL THE CITY SERVICES.
A TOTAL AVERAGE MONTHLY BILL INCREASED FOR RESIDENTS ON THE PROPERTY DEBT TAX SIDE.
I JUST MENTIONED, UH, AN OVERALL AVERAGE INCREASE OF JUST OVER $11, $11 AND 8 CENTS, UH, WITHIN THIS PROPOSED BUDGET, UM, IS A 6% INCREASE IN WATER AND SEWER REVENUE PER THE, UM, RATE MODEL THAT COUNCIL ADOPTED IN 2018.
SO WHEN YOU INCLUDE THOSE, WHICH WOULD BE A DOLLAR AND 42 CENTS, WHERE OUR AVERAGE WATER USER AND A DOLLAR AND 95 CENTS, FOR OUR AVERAGE SEWER USERS, YOU GET A TOTAL AVERAGE MONTHLY INCREASE OF $14 AND 45 CENTS A DECISION PACKAGE SUMMARY.
UM, THE ONLY THING THAT DID JUMP OUT AND
[00:50:01]
IT STRUCK ME THOUGH WE'RE THROUGH, IS IT APPEARS THAT THERE WAS A MUCH BIGGER INCREASE IN PERCENTAGE FOR RESIDENTIAL AS OPPOSED TO COMMERCIAL, AS FAR AS THE APPRAISED VALUES, THEY SAID THE NUMBERS THREE NEXT FEW DAYS, RESIDENTIAL WENT RESIDENTIAL LIKE 4.5% AND COMMERCIAL PRETTY SIGNIFICANT DIFFERENCE.IT IS SO PART OF THE COMMERCIAL, AND YOU JUST TALKED ABOUT THIS WITH BUSINESS PERSONAL PROPERTY, THAT WE'RE ACTUALLY SEEING AN INCREASE IN BUSINESS, PERSONAL PROPERTY, RIGHT.
UM, SO HAVING THAT DECREASE AND, YOU KNOW, AGAIN, IT'S MOSTLY THE COMMERCIAL PROPERTIES THAT ARE, THAT ARE PROTESTING THEIR VALUES RIGHT NOW.
SO IT VERY WELL COULD BE THAT, THAT THOSE ARE, ARE HIGHER THAN EXPECTED, COULD BE THAT THOSE ARE A LITTLE BIT LOWER THAN EXPECTED.
UM, IT'S HARD TO REALLY DETERMINE UNTIL THE PROCESS PLAYS OUT.
SO DO WE HAVE ANY, ANY OF THESE SLIDES FOR THE AVERAGE, UH, COMMERCIAL TAXPAYER? UH, WE DON'T, UM, WE MAY, YOU KNOW, WITH 86% OF OUR PROPERTY TAXES COMING FROM COMMERCIAL, WE MIGHT WANT TO START ADDING THAT IN THE FUTURE.
YOU CAN'T, YOU CAN'T TELL WHAT THE AVERAGE COMMERCIAL PROPERTY TAX BILL IS.
WE HAVE ONE THAT WE HAVE SOME THAT, THAT ARE CLOSE TO A HUNDRED MILLION DOLLARS, AND WE HAVE SOME THAT ARE AVERAGE, AND WE PUT AN AVERAGE THAT IS SOMETHING WE I'D LOVE TO GET SOMETHING THAT WOULD GIVE US A LITTLE BIT BETTER FEEL OF WHAT THIS MIGHT, HOW THIS MIGHT AFFECT OUR COMMERCIAL CUSTOMERS.
A DECISION PACKAGE SUMMARY, A TOTAL OF ALL THE REQUESTS IN TOTAL RECURRING RECURRING REQUESTS, TOTAL $790,000 ONE TIME REQUESTS TOTAL, JUST OVER $5.2 MILLION PER A, UH, UH, AN OVERALL TOTAL OF JUST UNDER $6 MILLION, UH, WITHIN THE GENERAL FUND IS WHERE PRIMARY MAJORITY OF THAT ACTIVITY OCCURS, UH, GENERAL FUND, UH, RECURRING REQUESTS FOR $735,000.
AND ONE TIME REQUEST FOR 2.4 MILLION SELF-FUNDED PROJECTS THAT WE HAD SOME RECURRENT REQUEST OF 3000, AND THEN ONE TIME REQUEST OF 500, 15,000 A UTILITY FUND JUST UNDER 85,000 RECURRING 350,000.
AT ONE TIME, THE INFRASTRUCTURE INVESTMENT FUND, UH, $1.8 MILLION IN ONE TIME REQUEST REQUESTED A STORMWATER FUND, 1500 RECURRING AND 38,001 TIME.
AND THEN THE AIRPORT FUND, ONE OF THEIR RECURRING ITEMS WAS A REVENUE INCREASE.
UH, SO THAT, THAT'S WHY THAT SHOWS IS THAT AS A NEGATIVE, THAT'S A $34,000 NET INCREASE THEIR REVENUE.
AND AT ONE TIME, UH, REQUEST WAS, CAN YOU, UH, SPEAK A LITTLE BIT TO REMIND US HOW THESE REQUESTS ARE RECEIVED, WHO THEY'RE FROM? SURE.
SO EACH YEAR I ASKED THE DEPARTMENT HEADS TO ASK WHAT THEY THINK THEY NEED, RIGHT? REGARDLESS OF ANY LIMITATIONS.
SO THE DECISION PACKAGES THAT ARE SUBMITTED BY RESPECTIVE DEPARTMENTS, ASKING FOR THE THINGS THAT THEY THINK THAT THEY NEED TO OPERATE TO ACCOMPLISH COUNCIL PRIORITIES, THEN THOSE ARE PRESENTED TO ME IN THE EXECUTIVE TEAM.
AND IN REVIEWING THOSE, WE MAKE A DECISION TO, UH, TO TAKE WHATEVER NUMBER IT IS AND INCLUDE THOSE IN MY BUDGET AS PROPOSALS FOR THE COUNCIL TO CONSIDER.
AND THEN, UH, THOSE PROPOSALS ARE PRESENTED AS PART OF THE BUDGET, AND THIS IS DONE.
SO WHEN EVERY YEAR WHEN WE HAVE A BUDGET PROCESS, WE START BY EACH DEPARTMENT LOOKING AT WHAT THEY'VE GOT FROM A BUDGET THAT THEY NEED TO DO.
THEY CREATE A DRAFT BUDGET, AND THEN THEY PRESENT THOSE TO ME AND THE REST OF THE EXECUTIVE TEAM IN, AND IT'S DURING THOSE PRESENTATIONS THAT THEY MAKE THESE, UH, THE CASE, THE BUSINESS CASE FOR THESE, THESE REQUESTS.
AND THEN, UH, WE INCLUDE THEM.
WE MAKE A DECISION ON WHAT ULTIMATELY WE'RE GOING TO INCLUDE POST BUDGET AND SUBMIT THOSE AS PART.
PART OF THAT, THAT'D BE PROBABLY THE HEAD HAS TO DRAFT THE PROPOSED BUDGET FOR EACH DEPARTMENT.
[00:55:01]
SO THAT'S THE JOB.SO THEY WILL PRESENT TO THE CITY MANAGER, THIS EVEN A JUNE WE'LL MAKE THE DECISION AND THE SUBJECT TO THAT'S THE ONE.
SO THAT IS A, THAT IS A SUMMARY OF ALL REQUESTS THAT WERE MADE THIS YEAR.
UH, THE ONES THAT ARE WITHIN THE PROPOSED BUDGET, UH, ARE THE FOLLOWING.
UH, SO FOR THE FINANCE DEPARTMENT, THERE IS A RESOURCE.
X IS A, IS A SOFTWARE THAT WAS PURCHASED LAST YEAR, UH, TO IMPLEMENT PROGRAM BASED BUDGETING.
THIS IS THE MAINTENANCE COST WITH REGARDS TO THAT SOFTWARE, UH, FLOW PAST AND FLOW CAST MATCH SOFTWARE.
THAT'S A, THAT'S A SOFTWARE THAT WILL IMPROVE SOME INTERNAL CONTROLS AND SOME OF THE MORE MANUAL PROCESSES THAT, UH, FINANCE AND ACCOUNTANTS NEED TO, UH, TAKE CARE OF, UM, THAT HAS A RECURRING COST OF JUST OVER 12,500 AND A ONE TIME COST OF 2,500.
UH, THERE'S A, THERE'S AN INCREASE IN THE MEDICAL CONTROL COSTS, UH, $12,000 A WEEK IN THE FIRE DEPARTMENT.
UH, AND AGAIN, IN THE FIRE DEPARTMENT, RECLASSIFICATION OF A STATION TO LIEUTENANT, TO CAPTAIN JUST UNDER $20,000, UH, JOINT FIRE TRAINING CENTER, OPERATING EXPENDITURES, UH, $6,000.
AND THEN ON THE REVENUE SIDE, WE'RE POSING IN SP INCREASE AND A PROPOSED INCREASE IN REVIEW FEES OF 20 3004 45 AND $10,000 OR RESPECTIVELY.
WOULD YOU SAY MORE ABOUT THOSE TWO THINGS RELATE IMMEDIATELY TO WHAT THOSE WOULD BE? CERTAINLY WE CURRENTLY CHARGE, UH, EMS FEES FOR PEOPLE WHO DON'T LIVE IN ATTICS.
AND SO WE'RE PROPOSING TO INCREASE THOSE FEES TO GENERATE MORE REVENUE TO THE GENERAL FUND IS ONLY CHARGED FOR PEOPLE WHO DON'T.
I WAS GENERALLY, I'M NOT SURE HOW MUCH THEY'RE GROWING UP.
THE SECOND ONE, WE, WE, LAST YEAR, WE IMPLEMENTED A FEE TO, UH, REVIEW FIRE, UH, FIRE PLANS.
AND THAT IS MAKING SURE THAT WE'RE INCREASING IT BECAUSE WE LEARNED THAT IT WAS A LITTLE BIT LESS THAN WHAT WE COULD HAVE GOTTEN.
SO WE'RE INCREASING THAT THIS YEAR AS WELL, FITTINGS FOR GENERAL SERVICES, EMERGENCY MAINTENANCE, UH, $180,000 PUBLIC SAFETY FACILITY, MAINTENANCE OF $85,000, UH, ATHLETIC CLUB PLAN MAINTENANCE OF JUST OVER $41,000.
UH, THE PARKS DEPARTMENT, UH, HAS A IRRIGATION MANAGEMENT SYSTEM UPGRADE WITH THEY RECURRING COSTS ARE JUST UNDER, OVER AT $67,000 IN A ONETIME COSTCO, UH, $7,800, UH, LIGHTING, UM, IMPROVEMENTS AT CELESTIAL PARK, UH, $102,500 IS THAT SOCIOLOGICAL PARK IS A LIGHTING.
IT'S NOT ALL LIGHTING, THERE'S SOME ADDITIONAL COST PLANTINGS AS WELL.
IT'S REPLACING THE LIGHTS THAT ARE THERE WITH LED LIGHTS, ADDING ADDITIONAL PLANS, AND THEN THERE'S AN AREA WHERE WE CAN STORE DRAINAGE IN THE PARK.
WOULD YOU SAY SOMETHING MORE TOO? ABOUT THE TOP OF THEM AND THEN CERTAINLY, YEAH, ACTUALLY EVERY YEAR WE, WE MANAGE, WE, WE, WE BUDGET AND I CAN'T REMEMBER THE EXACT AMOUNT LAST YEAR WE BUDGET, WHAT WAS IT? UH, IT WAS 175, $170,000.
WE, WE, WE BUDGET FOR, FOR WHAT, IF SOMETHING BREAKS KIND OF THING.
AND THIS IS THAT, THAT DOLLAR AMOUNT.
AND I CAN'T, I'M LIKE WE CAN GET THE INFORMATION FOR YOU FOR EXAMPLE, OF WHAT WE BUDGETED LAST YEAR, HOW MUCH WE SPENT, BUT THIS, THERE WAS A REQUEST FOR MORE OF THAT.
UM, BUT NOT, NOT TO THE AMOUNT THAT WAS REQUESTED.
I AM, I'M PRETTY SURE WE'RE GOING TO BE SPENDING ALL OF THE MONEY IN FISCAL YEAR 2020, OR VERY CLOSE TO IT.
I WANT TO ADD ANOTHER POINT HERE.
THE PARKS, IRRIGATION MANAGEMENT SYSTEM UPGRADE.
WHAT WE'RE PROPOSING THERE IS THAT WE HAVE AN IRRIGATION.
UM, WHAT'S THE NAME OF THE POSITION EVERY YEAR.
ONE THAT WE'VE NOT BEEN ABLE, WE'VE HAD OUR TIME FILLING IT.
AND, UM, SO WHAT WE'RE PROPOSING TO DO IS UPGRADE ELEMENTS OF OUR IRRIGATION SYSTEM SO THAT WE DON'T NEED THE IRRIGATOR.
[01:00:02]
OKAY.UH, SO IN ORDER TO PAY FOR THIS, WE WOULD NOT FILL THAT FTE AND USE THE FUNDS FOR THAT FTE TO PAY FOR THIS.
HOWEVER, THIS IS GOING TO BE A 10 YEAR INVESTMENT, AND THIS IS YEAR ONE OF A 10 YEAR INVESTMENT.
AND SO WE WILL OVER A PERIOD OF 10 YEARS WORK TO, UH, REPLACE COMPONENTS OF OUR IRRIGATION SYSTEM TO BRING IT INTO THE 20TH CENTURY SO THAT WE CAN, WE CAN BETTER UTILIZE TECHNOLOGY TO MANAGE OUR IRRIGATION.
SO I WANTED TO MAKE SURE THAT YOU UNDERSTOOD THAT THIS, IF THIS DECISION IS APPROVED, IT IS A MULTI-YEAR INVESTMENT, AND THIS IS JUST YEAR ONE OF THAT 10 YEAR INVESTMENT.
AND NONE OF THOSE CONTRACTS WILL HAVE TO COME TO US FOR APPROVAL.
IF IT'S LESS THAN WE WOULD HAVE TO, YOU'RE ASKING ME, OKAY.
SO WE WOULD, IF, IF WE, WE MAKE, IF WE ENTER INTO A CONTRACT WHOSE ULTIMATE VALUE IS WORTH MORE THAN $50,000, WE HAVE TO BRING THAT TO THE COUNSELOR.
AND THAT'S THE TIME THAT WE WOULD SEE AGAINST THAT.
I GUESS MY POINT HERE IS THAT TO MAKE SURE THAT WE UNDERSTAND THIS AND ASK THE QUESTION NOW, BECAUSE SOME OF THESE THINGS WE MIGHT NOT SEE BECAUSE WE'LL, HOPEFULLY YOU'LL SEE THE RESULT.
IT WON'T BE BROUGHT TO US TO, OR OVER CAUSE IT'S IS BROUGHT THROUGH THE BUDGET PROCESS.
THAT'S THE NEW SYSTEM FOR 10 YEARS, OR THAT'S AN, THAT'S AN MTV.
I BELIEVE IT'S REPLACING COMPONENTS EVERY YEAR FOR 10 YEARS.
WE NEED TO JUST, JANET SAID, WELL, DIRECTOR OF PARKS AND RECREATION, SO THE $7,800 COSTS IS A SOFTWARE PURCHASE.
SO WE HAVE TO ENROLL IN A CLOUD BASED SOFTWARE PROGRAM.
THE $67,000 WOULD BE TO REPLACE CONTROLLERS THAT WE HAVE ALREADY ON OUR IRRIGATION SYSTEM.
SOME OF THOSE ARE IN THE ASSET MANAGEMENT PLAN AND HAVE ALREADY BEEN IDENTIFIED AS NEEDING TO BE REPLACED.
THE DIFFERENCES IS THE NEW CONTROLLERS WILL HAVE A LOT MORE INTELLIGENCE BUILT INTO THEM.
THEY WILL SEND US A TEXT MESSAGE.
IF THERE'S AN IRRIGATION VALVE, THAT'S STUCK ON THAT'S RUNNING AND WE WILL HAVE THE ABILITY FROM A CELL PHONE TO SHUT THAT VALVE DOWN.
SO IF WE'VE GOT, IT SEEMS TO BE, WE RUN OUR IRRIGATION SYSTEMS AT NIGHT WHEN THE PARKS ARE CLOSED.
SO A LOT OF TIMES WE'LL COME IN IN THE MORNING AND FIND A STUCK VALVE THAT'S BEEN LEFT OPEN THAT HAS RAN ALL NIGHT LONG.
SO IT'LL GIVE US THE ABILITY TO DO THAT.
ALSO IT WILL SHOW US WHERE THERE'S A PROBLEM IN A SYSTEM.
SOMETIMES WE HAVE SYSTEMS THAT HAVE UP TO 70 VALVES IN THEM.
AND OUR CURRENT SYSTEM JUST NOW TELLS US THAT WE HAVE A PROBLEM WITH THE VALVE.
SO TO FIND THAT PROBLEM, IT TAKES A LOT OF MAN HOURS TO GO LOOK INTO IT AND ISOLATE WHERE THE PROBLEM IS.
THIS WILL ACTUALLY TELL US WHERE THE VALVE IS IN THE SYSTEM, BECAUSE THERE'S ALSO A SMART VAL INCLUDED IN THIS.
SO THAT'S WHY WE FEEL LIKE WE WOULD BE TRADING OFF MAN-HOURS FOR EQUIPMENT.
UM, AND THEN THE $67,000 WOULD JUST BE EVERY YEAR WE WOULD BUY MORE CONTROLLERS.
SO YEAR ONE, WE'RE PLANNING ON OUR BIGGEST WATER USERS, VITRUVIAN RIDING TRAIL AND ADDISON CIRCLE PARK WOULD BE CONVERTED TO THIS.
AND THEN YEAR TWO, WE WOULD PICK THE SECOND LEVEL OF OUR HIGHEST WATER USERS AND START TO REPLACE THEIR CONTROLLERS.
AND BY 10 YEARS WE WOULD HAVE EVERYTHING ON THE SAME DAY.
HOW MANY CONTROLLERS? UM, THERE'S A LOT.
I THINK THAT $67,000 IS THE I'M JUST BALLPARKING.
SO DON'T WANT ME, I'M TRYING TO REMEMBER, BUT I THINK THAT GETS US CLOSE TO LIKE 50 OR 60 CONTROLLERS THAT GIVES YOU AN IDEA.
SO IT WAS THE, IS I KNOW IT'S, IT'S IN THE PARKS CATEGORY IS NOT SPECIFICALLY FOR THE PARK.
THERE'S NOTHING OUTSIDE OF THE PARTS AS PARKS AND ALL BEAUTIFICATION AREAS.
SO UNDER THE PARKS UMBRELLA, WE ALSO MAINTAIN RIGHT AWAY.
UM, SOME OF THE LANDSCAPE AREAS AND NEIGHBORHOODS WE REFER TO AS BEAUTIFICATION AREAS.
SO IT WOULD BE ALL THOSE AREAS.
UH, IN ADDITION, UH, FOR PARKS, UH, ADDISON GROVE AND BELTLINE A 1.5 LANDSCAPE MAINTENANCE TO, UH, RE RECURRING COSTS JUST OVER 37,000
[01:05:02]
TO MAINTAIN THOSE PROPERTIES AFTER THE IMPROVEMENTS ARE MADE, UH, IN THE STREETS, UH, DEPARTMENT BELTLINE MAINTENANCE OF $20,000, UH, BALKAN BRUSH COLLECTION, UH, TO, TO, UH, FULL EMPLOYEES ARE PROPOSED TO HANDLE ALL CAN RUSH COLLECTION, FULL TIME, OTHER RECURRING COSTS AND SALARIES AND BENEFITS, $117,000.A ONE COST IS, IS A VEHICLE FOR $45,000 TO FUND THAT.
AND THEN IN THE STREETS DEPARTMENT, ADDITIONAL FUNDS FOR TRASH SERVICES OF $16,000.
AND THAT WAS, UM, IN ANTICIPATION, UH, B PROPOSALS THAT WERE, UM, UH, FOR RESIDENTIAL TRASH SERVICES THAT HAD BEEN RECEIVED AFTER, AFTER THE BUDGET.
SO THAT WE WERE JUST ESTIMATING WHAT THOSE COSTS WOULD BE IS FOR EXECUTIVES.
COULD YOU SAY MORE ABOUT IT? CAUSE IT WAS ONE OF THE GREAT TURNING QUESTIONS AND ONE OF THE QUESTIONS SUBMITTED WAS, IS THERE AN OFFSET AND WHAT WILL BE INCLUDED IN THE CHARGE FOR WASTE SERVICES THAT WILL OFFSET THE 117 SIX OH NINE, IF YOU CAN COME IN AND HOW THAT FITS TOGETHER, THE BUDGET DOES ANTICIPATE AND OFTEN A REVENUE OFFSET TO HELP COVER THE COST OF THIS ADDITIONAL ADDITIONAL EFFORT.
UM, AND IT, IT CAN BE DECIDED WHAT'S IN HERE IN THE BUDGET, STEVEN, CORRECT ME IF I'M WRONG IS A FULL COST RECOVERY OF, OF THIS, RIGHT? CORRECT.
IF, IF THE COUNCIL SAYS, FOR EXAMPLE, UM, AT THE, AT THE NEXT COUNCIL MEETING ON THE 11TH STAFF WILL BE PRESENTING THE RESULTS OF THE RFP PROCESS FOR SOLID WASTE SERVICE.
AND ONE OF THE THINGS WE'LL TALK ABOUT IS HOW DO WE WANT, HOW DOES THE COUNCIL WANT TO PROVIDE THIS THRUSH? I MEAN, BOTH PICKUP SERVICE, DO WE WANT IT TO BE DONE, CONTINUE TO BE DONE BY INTERNAL EMPLOYEES, OR DO WE WANT IT TO BE DONE THROUGH, YOU KNOW, THE CONTRACT METHOD AND, AND JUST PUT, DEPENDING ON WHAT CHOICE THE COUNCIL MAKES YOU CAN CHOOSE TO COVER, RECOVER ALL OF IT OR A PORTION OF IT.
AND WE COULD JUST, WE WOULD, WE WOULD ADJUST THE BUDGET ACCORDINGLY BASED ON THE CENT AMOUNT, CORRECT.
REMEMBER WE ASKED FOR
SO BASED ON THAT, THEN WE'LL MAKE AN ADJUSTMENT.
AND ON THAT AGAIN, THE 60,000, THAT ONE WASN'T ANTICIPATION, BECAUSE WE DIDN'T KNOW WHAT THE, WHAT THE PROPOSALS WERE GONNA COME TO THAT.
SO IT WAS AN ANTICIPATION OF SOME TYPE IT'S A CONTINGENCY FEE.
IS THAT A OF THINKING IT'S A PLACE OVER THERE, UH, MOVING ON TO THE SELF FUNDED PROJECTS FUND AND THE, A BUDGET DOES, DOES IT, AS OPPOSED TO, UM, FUND SOME PROJECTS DIRECTLY OUT OF THE CELL FUNDED PROJECT FUND, RATHER THAN TRANSFERRING THE MONEY FROM THE GENERAL ON, THERE ARE SOME RESIDUAL FUNDS WITHIN THIS PHONE THAT CAN BE USED TO PAY FOR SOME OF THESE PROJECTS.
UM, THE FIRST ONE IS NEIGHBORHOOD SECURITY ON THE EAST SIDE AT $27,500.
UM, THE SECOND PROJECT IS ADDISON CIRCLE.
UH, THE TRANSIT ORIENTED DEVELOPMENT FUNDS, UH, $318,000, UH, A SPECIAL AREA STUDY OF $140,000, A RECURRING COST OF $3,000 FOR A SMOKE DETECTOR REPLACEMENT PROGRAM.
AND ONE TIME COST OF $30,000 FOR BALLISTIC GEAR FOR THE FIRE DEPARTMENT.
IT HAS BEEN OUR PRACTICE ON AN ANNUAL BASIS TO, UM, BUDGET FUNDS TO CONDUCT A SPECIAL AREAS STUDY.
WHEN I FIRST GOT HERE, WE WERE, WE WERE BUDGETING FUNDS TO DO TWO AREAS THAT SPECIAL AREA STUDIES.
AND WE'VE PAIRED THAT BACK TO ONE.
SO WE'VE GOT THESE, THESE DOLLARS IN HERE FOR THAT PURPOSE.
AN EXAMPLE OF THE, YOU KNOW, WHAT A SPECIAL AREA OF STUDY THAT IS THAT WE NEED TO DO, UH, IS MOST IMMEDIATELY IS WE NEED TO FINALIZE THE WORK THAT WE STARTED RELATIVE TO THE MIDWAY ROAD, NOT MIDWAY ROAD ON THE NORTH SIDE, BUT THE SAM'S AREA SAM'S CLUB AREA STUDY.
UH, WE STARTED THAT V THE COUNCIL PREVIOUSLY ADDRESSED THE, WHAT WAS GOING TO HAPPEN AT THE SAM'S CLUB SITE, BUT DID NOT COMPLETE THE WORK FOR THE REST OF THE PROPOSED DEVELOPMENT AREA.
AND SO WE WOULD USE, FOR EXAMPLE,
[01:10:01]
THESE FUNDS TO HELP PAY FOR FINALIZING THAT WORK.IT'S SOMETHING WE DO ON AN AD.
THAT'S THE ONE SOUTH OF BELTWAY WHERE WE, YEAH.
WE WANT TO FORM A COMMITTEE FOR AN AREA, CORRECT? YEAH.
THAT, THAT, THAT, THAT AREA WAS NOT JUST SAYING THAT THE SAM'S CLUB SIDE, BUT IT EXTENDED ITSELF TO HERE ACTUALLY.
COULD YOU SAY MORE ABOUT WHAT'S THE TOP TWO? OKAY.
THE TRANSIT ORIENTED DEVELOPMENT, UH, IS IT JUST A BUDGET AMOUNT TO BE ABLE TO TAKE WHERE WE ARE PLANNING ON DEVELOPING THE AREA AROUND, UH, THE FUTURE SILVER LINE RAIL STATION AND THE $318,000 WILL HELP US DO WHAT WE NEED TO DO TO GET TO THAT POINT.
SO WE'RE IN THE HERE AND THE, AT THE END OF, UH, AT THE END OF THE SECOND COUNCIL MEETING IN AUGUST, WE ANTICIPATE BRINGING FORWARD A CONTRACT WITH A REAL ESTATE ADVISOR SLASH BROKER TO HELP US WORK THROUGH THAT PROCESS.
THIS WILL HELP COVER THOSE ALL UP.
IF WE HAVE TO DO ANY KIND OF ENVIRONMENTAL WORK OR ANYTHING LIKE THAT ON PROPERTIES, TO MAKE SURE THAT WE'RE GETTING READY FOR BEING ABLE TO DO THIS, ANY MARKETING EFFORTS OR ANYTHING LIKE THAT.
ALL OF THOSE THINGS ARE ENCOMPASSED IN, IN THIS $318,000, AS FAR AS THE, THE NEIGHBORHOOD SECURITY ON THE EAST SIDE, IN RESPONSE TO RESIDENT REQUESTS, UM, FOR, FROM THE OAKS NORTH NEIGHBORHOOD, THIS DOLLAR AMOUNT SPECIFICALLY ADDRESSES A PROPOSED LIGHTING ALONG CELESTIAL ROAD.
AND, UH, SOME, SOME POTENTIAL TREE TRIMMING ISSUES.
THERE ARE OTHER DOLLAR AMOUNTS THAT WE HAVE IN THE BUDGET THAT ADDRESS OTHER CONCERNS LIKE, UM, UH, CAMERAS, OPTICAL CAMERAS THAT WOULD BE INCLUDED IN THE BUDGET THAT WE HAVE TO EXPAND OUR, OUR OPTICAL CAMERA LPR SYSTEM.
UH, ALSO I THINK WE HAVE ALREADY MONEY PROGRAMMED IN THE BUDGET TO FINALIZE THE ADDITIONAL LED LIGHTING IN EXISTING LIGHTING AREAS INSIDE OF, UH, OAK NORTH.
AND SO THOSE ARE THE THINGS THAT, THAT ARE ENCOMPASSED THERE WITHOUT GIVING SPECIFICS.
IS THERE A TIMELINE FOR THE NEXT FISCAL YEAR, OCTOBER 1ST? YOU GOTTA GET UP, YOU GOT TO APPROVE THE BUDGET FOR IT.
NO, I MEAN, WE WE'VE ALREADY STARTED, UH, YOU KNOW, REPLACING LED LIGHTING IN THAT NEIGHBORHOOD, RIGHT.
UM, AS FAR AS THE ACTUAL OPTICAL CAMERAS, THOSE WILL BE LATER THAN, UH, THAN FOR EXAMPLE, LOOKING AT LIGHTING ALONG CELESTIAL AND SOME OF THE THINGS THAT WE BE ABLE TO DO A SPECIAL ROAD, SOME OF THE THINGS THAT WE WOULD BE ABLE TO DO IN CELESTIAL PARK AND THE LED LIGHTING BECAUSE, UH, LATER THIS MONTH AS WELL, WE WILL BE BRINGING FORWARD A PLAN, AT LEAST AN INITIAL PLAN FOR EXPANSION OF OUR LPR AND OPTICAL CAMERAS.
AND THAT WOULD BE PART OF THAT.
AND THEN WITH THAT LPR AND OPTICAL CAMP, WHAT SLOWS THAT DOWN IS THAT IN ORDER TO BE ABLE TO EXPAND, WE ACTUALLY HAVE TO GO THROUGH AN RFP PROCESS TO GET THE VENDOR TO BE ABLE TO DO ALL.
AND SO NOT ONLY, SO ONCE WE GET THE PLAN FORMALIZED, THEN WE GO THROUGH THE RFP PROCESS AND THEN WE START PUTTING THINGS ON.
SO THAT WILL BE A LITTLE BIT LONGER FROM A, FROM A LEAD TIME RELATIVE TO SOME OF THE THINGS THAT THE LED LIGHT IS MAKING USE OF EXISTING FIXTURES LOCATIONS.
WE'RE UPGRADING THE FIXTURES AND THE LIGHTING, CORRECT THE SAME LOCATION, CORRECT.
WE'RE TAKING THE EXISTING INTERMACS DURING THE TREES AND WE'RE REPLACING THEM, CONVERTING THEM TO LEDS.
AND IN SOME INSTANCES WE'RE ADDING A SECOND LIFE ONTO THAT JUNCTION BOX TO ADD ADDITIONAL LIGHT.
BUT IF SOME CASES DO NEED TO CHANGE THE FIXTURES IN CERTAIN LOCATIONS, DO YOU HAVE TO CHIN FIXTURES THE WHOLE SET OF LIGHTS? OH, YOU DID LIE IN ALL OF THE LOCATIONS.
WE ARE USING THIS SAME FIXTURE, BUT WE'RE REPLACING COMPONENTS, BUT THERE IS A COUPLE OF LOCATIONS IN SOME ISLANDS THAT WE'VE IDENTIFIED SOME DARK SPOTS THAT WE WOULD PUT SOME NEW FIXTURES THAT MATCH WHAT'S THERE.
IS THAT OKAY FOR THE AIRPORT DECISION PACKAGES? UH, GATSBY 87 IS THE YES, SIR.
I'D LIKE TO HEAR A LITTLE BIT MORE ABOUT FIRE, BUT
[01:15:01]
LAST TIME, BALLISTIC GEAR, THE METRO CREST CITIES.SO CAPELLE ADDISON, CAPELL CARROLLTON, FARMERS, BRANCH, UH, WORK TOGETHER TO TRY TO HAVE RESPONSE TO ACTIVE SHOOTER SCENARIOS.
AND SO ONE OF THAT, ONE OF THOSE, UH, SOLUTIONS TO, TO RESPOND TO THAT WOULD BE TO MAKE SURE THAT FIREFIGHTER PETTER PARAMEDICS CAN GET TO INJURED PEOPLE MORE QUICKLY.
AND IN ORDER TO DO THAT, WHERE WE WOULD BE PROVIDING THEM WITH BALLISTIC GEAR IN ORDER TO BE ABLE TO DO SO SAFELY.
I DON'T KNOW IF THERE'S SO MUCH, BUT I THINK THEY ALREADY HAVE ROLLED UP MY SYSTEM.
SO CAN YOU TELL US A LITTLE BIT MORE ABOUT HOW THESE ARE UTILIZED OR ARE THESE PUT ON REVIEWS DAILY ALL THE TIME AND ONLY IN THE EVENT OF AN ACTIVE SHOOTER SCENARIO? SO IF SOMEBODY'S GOING AROUND SHOOTING UP ADDISON CIRCLE PARK, YOU KNOW, HEAVEN FORBID THAT HAPPENS, THEN THAT'S THE EVENT WHEN THEY WOULD USE SOMETHING APPARATUS IN THEIR STORE ON THE EMPEROR.
I DON'T KNOW THE ANSWER TO THAT.
I CAN FOLLOW UP ORDERING THAT'S AFFECTS RESPONSE AT ALL.
AND IF IT DOESN'T, HOW DOES THAT DOES IT, CAUSE WE'RE NOT GOING TO GET ANSWERS TO THIS.
WE'RE GOING TO BE LIKE WITH A CHANCE TO LOOK AT THIS.
WE ALREADY HAVE, SO THIS COULD BE, UNDERSTAND THAT I'M NOT HAVING A PRESENTATION SO I CAN FOLLOW UP WITH WHETHER OR NOT, I DON'T THINK IT WOULD, I DON'T THINK IT WOULD IMPACT, UH, RESPONSE TIMES.
UM, IT'S NOT SOMETHING THAT WE ANTICIPATE USING FREQUENTLY.
UM, IT IS IN THE EVENT OF SOME KIND OF A MASS KIND OF A CASUALTY KIND OF KIND OF EVENT WHERE EVEN, YOU KNOW, REALLY IF, IF, IF, IF THE BAD GUY IS NEUTRALIZED, THEN YOU KNOW, THERE'S, THERE'S NOT A NEED FOR THIS.
BUT IF, IF THERE'S AN ACTIVE SCENARIO WHERE THERE'S A BAD GUY, STILL POTENTIALLY IN AN AREA, THEN THIS IS WHEN THOSE VESTS.
SO IT SOUNDS LIKE IT'S SOMETHING THAT'S CARRIED ON THAT APPARATUS.
AND THEN I EMPLOYED I'D HAVE TO TAKE OFF.
SO, SO I DON'T KNOW, WHAT'S THE PROCEDURE JUST COME ON, SAYS IF THIS IS THE INFORMATION SETTING, THEY ALSO, YEAH, YOU DIDN'T REDUCE THIS, RIGHT.
THIS IS THE FULL AMOUNT THAT BYRON REQUESTED.
YOU SHOULD BE ABLE TO ANSWER THE QUESTION, BUT MR. GERSON, I CAN ANSWER THAT QUESTION.
UM, THEY ARE CARRIED ON THE APPARATUSES SELL, UM, AND WHEN THEY GO ON A CALL AND IT'S THIS TYPE OF CALL, THEY WILL THEN STAGE ON FINANCIAL, ON TEAM IN A SAFE MANNER.
AND THEY COORDINATE WITH PD ON WHEN TO ENTER OUT, ENTER.
AND A WHILE THAT COORDINATION GOING ON, PTO, THAT FLEET AREA AT D COMES IN BEHIND THEM AND A COORDINATED ATTACK AND GATHERS, UH, THE VICTIM NOW.
BUT AS WE'VE SEEN IN MULTIPLE, UH, MASS SHOOTINGS, PEOPLE CAN BE ANYWHERE.
SO IT'S BETTER TO HAVE PROTECTION ON THE EMPTY WHEN THEY DO MAKE ENTRY ABILITY OR AN OPEN AREA.
AND SO WE'RE MOVING PEOPLE, NO IMPACT ON RESPONSE TIMES, THERE'LL BE STILL BE CARRIED ON THE VEHICLES, OKAY.
DEPLOYED AS NEEDED, AS NEEDED THAT'S RIGHT, CORRECT.
AND IS THAT SOMETHING THAT'S EASILY OVER THE SUSPENDERS OVER OUR CURRENT GEAR THAT WE DIDN'T HAVE? SO WE DON'T, WE WOULDN'T
[01:20:01]
WEAR THE NORMAL BUNKER GEAR IN THAT PARTICULAR SITUATION.AND THEN WE WOULD PLAY THE, THE BALLOON THING OVER.
I GOT LIKE A JACKET OVER CURRENT, ANYWHERE THAT WE WOULD WEAR AS WELL.
UH, AIRPORT DECISION PACKAGES.
UM, ONE OF THE ITEMS LISTED HERE IS GADSBY 87 LEAST VISION PART TWO.
UM, WE'RE, WE'RE REQUIRED TO IMPLEMENT SOME NEW LEASE STANDARDS.
UH, THIS IS THE SECOND PART OF THAT, UH, UH, OF $16,000 ONE TIME COST, UH, AIRPORT IS PROPOSING AN INCREASE IN CUSTOMS FOODS, UH, WHICH HAS A REVENUE INCREASE IMPACT OF $37,450.
AND THEN YOUR BOARD IS PROPOSING THE IMPLEMENTATION OF THE CMMS SYSTEM, THE COMPUTERIZED MAINTENANCE MANAGEMENT SYSTEM.
UM, THIS IS WHAT, UH, THE SAME SYSTEM THAT'S BEING ROLLED OUT TO OTHER DEPARTMENTS.
AND THIS IS THE AIRPORT MODULE, WHICH WOULD HAVE A RECURRING COST OF $3,000 AND A ONE TIME COST OF $35,000 RELATED TO THE CUSTOMS FEE.
THAT IS A, AN INCREASE FROM ZERO.
SO WE ARE GOING TO BE IMPLEMENTING, WHAT WAS IT IS A COMPUTERIZED MAINTENANCE MANAGEMENT SYSTEM, AIRPORT MODULE, THE LAST MODULE.
YES, I HAVEN'T CALLED IT
THIS IS THE LAST MODULE WE EAT TENSION OF THE DID NOT INCLUDE THAT MODULE.
I MEAN, THIS PORTION OF THE CONTRACT, BECAUSE IT'S THE COMPLICITY OF IT.
WE ARE GOING TO NOT BE ALL THE MODULES BY END OF SEPTEMBER.
WE'RE STARTING THE MODULE FROM THE HEADQUARTERS.
STUNNING, ACTUALLY, IF YOU COULD HAVE, AND I'M HOPING YOU WILL.
WITHIN THE STORMWATER FUND, THERE IS A PROPOSAL FOR CHAIR FORKLIFT OR RECURRING COST OF $1,500 FOR SOME MAINTENANCE ITEMS. AND THEN THE ONE TIME PURCHASE COST OF $38,610
A UTILITY DEPARTMENT, UM, UH, RISK RESILIENCE, ASSESSMENT AND EMERGENCY RESPONSE PLAN, A ONETIME COST OF A HUNDRED THOUSAND DOLLARS.
UM, THE WATER QUALITY SUPERVISOR.
THIS IS THE, UH, THE LAST POSITION THAT WAS, UH, PROPOSED AS PART OF THE, UH, SHORT TERM, UH, PERSONNEL PLAN FROM THE RATE STUDY.
UH, THIS HAS A RECURRENT COST OF JUST UNDER $85,000, UM, MONUMENT CONTROLS AND POINT THAT BAKED, UH, $50,000 ONE TIME AND THEN DESIGN AND CONSTRUCTION DETAILS, STANDARDS SET GRADES, UH, FOR $200,000.
CAN YOU TELL US WHAT MONUMENT CONTROL POINTS UPGRADE IS? YES.
MR. HICKS, I THINK PAVING MAYOR COUNCIL, SHANNON HICKS, DIRECTOR OF PUBLIC WORKS AND ENGINEERING SERVICES.
UH, THAT $50,000 IS FOR US TO GO THROUGH AND UPDATE ALL OF OUR SURVEY MONUMENTS THROUGHOUT THE TOWN SO THAT WE HAVE GOOD CONTROL POINTS.
WE'RE DESIGNING OUR INFRASTRUCTURE, EVERYBODY'S OFF THE SAME COORDINATES.
WE NEED TO DO THAT ABOUT ONCE EVERY YEAR.
I'LL HAVE TO GET BACK WITH YOU.
THERE'S A BUNCH OF, IS IT A PHYSICAL UPGRADE? IS THAT IT, A LOT OF THEM ARE MISSING.
THEY'LL HAVE TO GO BACK AND REPLACE THEM.
WE NEED TO GO BACK AND MAKE SURE THAT THEY HAVEN'T SETTLED SO THAT THE ACTUAL LOCATIONS ARE IN THE SAME PLACE AS THEY WERE 10 YEARS AGO.
WE'LL UPDATE ALL THE COORDINATE SYSTEMS WHERE THEY ARE THE ONES THAT NEED TO BE REPLACED AS WELL.
I LIKE TO FIND OUT, I ASSUME THE TOP LINE MIRRORS EMPLOYING A CONSULTANT TO DO THE STUDY.
AND IT IS, UH, UNFUNDED MANDATE, EPA FUNDED, UNFUNDED MANDATE, EPA UNFUNDED.
[01:25:02]
THANKS.IS IT FUNNY? THAT'S WHAT I THOUGHT IT WAS LIKE, WAIT A SECOND.
I THOUGHT WE HAVE TO DO IT, BUT WE DON'T GIVE ANYBODY A ONE OTHER ITEM ON THIS AT THE VERY BOTTOM AS A TOTAL FOR ALL OF THE FUNDS, WHICH ARE INCLUDED IN THE PROPOSED BUDGET, A RECURRING COST OF $393,813.
NOW THOSE ARE THE TOTAL RECURRING COST, UH, IN THE PROPOSED BUDGET ACROSS ALL FUNDS, UH, A ONE TIME COST WITH 1 MILLION, $419,060, UH, ACROSS ALL FUNDS.
UH, WOULDN'T GET BACK SECOND TO BOTTOM.
SO THERE ARE OTHER POSITIONS, BUT THESE ARE IT'S THE THREE TOTAL DOLPHINS.
THAT THERE'S THE WATER QUALITY SUPERVISOR.
AND THEN THE TWO EXTREME BOYS BRUSHING BULL.
IF YOU COMPARE THE, THE PROPOSED NUMBERS WITH WHAT WAS ACTUALLY REQUESTED, YOU CAN SEE WHAT WE'RE TRYING TO DO.
UM, THIS IS A TOTAL OF ALL THE STAFFING.
UH, FISCAL YEAR 2020 OVERALL STAFFING WAS 200, 290.8 FTE.
THE PROPOSED BUDGET INCLUDES 301.8.
UM, WITHIN THAT THE GENERAL FUND AT TWO 34.8, A SLIGHT REDUCTION, UH, FROM THE PREVIOUS YEAR, UH, THE HOTEL FUND, AS WEST MENTIONED, UH, THE REDUCTION THERE IS RELATED TO THE CONFERENCE CENTER.
UH, NO CHANGE IN THE ECONOMIC DEVELOPMENT FUND, UH, THE AIRPORT FUND AND THE VAST MAJORITY OF THAT IS THE, UH, UH, ALL OF THOSE, UH, CONTRACT EMPLOYEES WHO HAD BEEN CONTRACTED THE AIRPORT NOW BEING A TOWN STAFF AND UTILITY FUND, UH, A INCREASE OF 2.2 FROM FISCAL YEAR 20, UH, STORMWATER FUND IS THE SAME.
AND, UH, ONE THAT, THAT WAS NOT INCLUDED IN THE PROPOSED BUDGET DOCUMENT, UM, BUT ARE FUNDED OUT OF CAPITAL PROJECTS OR, UH, THERE ARE THREE THERE'S ONE CURRENTLY, UH, THAT'S BEEN APPROVED IN THE FISCAL YEAR 20, AND THEN THERE ARE TWO ADDITIONAL POSITIONS TO, UH, RATHER THAN UTILIZING ENGINEERING SERVICES, WHICH WOULD BE MUCH MORE EXPENSIVE, UH, HAVING ON STAFF, UH, MANAGEMENT GROUP TO MANAGE OUR CAPITAL PROJECTS JUST TO COME IN.
AND I UNDERSTAND THE VIA DISCUSSION WHEN WE TALK ABOUT THE CONTRACT FOR THE SERVICES, THE TWO EMPLOYEES, WHETHER THEY BE FTES, WE CAN CERTAINLY TALK STEVEN, ON THE PHONE, THE THING YOU SAID, THE TWO FTES RELATED TO CAPITAL PROJECTS, MAINLY THINKING LIKE STREETS, RIGHT.
IF YOU'LL RECALL FROM OUR PRESENTATION ON THE MIDWAY ROAD PROJECT UPDATE, WE TALKED ABOUT THE DISCUSSION OF WHETHER WE WERE GOING TO HIRE AN ENGINEERING FIRM TO PERFORM THE PROJECT MANAGEMENT DUTIES FOR ALL OF OUR BOND FUNDED INFRASTRUCTURE PROJECTS, OR IF WE WANTED TO DO THOSE INTERNALLY.
AND THE DECISION WAS MADE, WE WERE DIRECTED TO DO THAT INTERNALLY.
IT WAS A SAVINGS OF ABOUT $1.5 MILLION OVER THE THREE YEARS OF MIDWAY.
THESE ARE THE THREE FTES TO PERFORM THAT FUNCTION.
SO THOSE ARE FOR THE BOND FUNDED INFRASTRUCTURE PROJECTS, ONE PROJECT MAN, ONE CONTRACT ADMINISTRATOR, AND ONE INSTRUCTION PROCESS.
WE'VE HIRED THE PROJECT MANAGER AND WE ARE GOING TO SUBJECT TO THE APPROVAL OF THESE FTES.
WE WOULD HIRE THE OTHER, UH, THIS, THIS IS THE SAME DATA, JUST A GRAPHICAL REPRESENTATION.
UM, SO YOU CAN SEE THE, UH, THE CHANGES IN STAFFING IN A GRAPHICAL FORMAT.
THIS IS A LISTING OF ALL THE DEPARTMENTS, UH, AND FUNDS AND THE CHANGES FROM YEAR TO YEAR SINCE 2012 WITH REGARDS TO, UH, TOTAL FTES.
SO WITHIN THE FISCAL YEAR 2021, UH, BUDGET, THERE IS AGAIN IN THE GENERAL FUND, THERE'S, THERE'S A SLIGHT DECREASE, UH, THE MAIN DECREASE IN THE HOTEL FUND THAT THAT'S RELATED TO THE CONFERENCE CENTER.
UH, THE MAIN INCREASE ACROSS ALL FUNDS IS RELATED TO THE AIRPORT
[01:30:01]
FUND AND THE ACQUISITION OF THOSE CONTRACT EMPLOYEES.UH, THE TOWN STAFF, UH, THE UTILITY FUND HAS A INCREASE OF 2.2 AND THEN THE TWO IN THE CAPITAL PROJECTS THAT WE'RE WORKING COMPLETE THROUGH THE GENERAL OVERVIEW.
AND, UM, THAT'S A GOOD QUESTION.
I'M THE THREE THAT SHANNON, YOU MENTIONED PROJECTS ARE THOSE FUNDED BY BONDS.
SO THEY REALLY DON'T EVEN CARE.
RIGHT? AND THEY'RE, THEIR COSTS WILL BE CAPITALIZED AS PART OF A PROJECT THAT THEY'RE WORKING ON.
SO THEY'LL SHOW UP AS PART OF THEIR, PART OF THE MIDWAY ROOM FIVE MINUTES BEFORE.
SO WE ARE CONTINUING WITH THE GENERAL FUND.
THIS, UH, SLIDE HERE IS A, AN OVERVIEW OF THE GENERAL FUND AT THE OUTSIDE IS WHERE THE MONEY'S COMING FROM.
AND THEN THE INSIDE OF WHERE THE MONEY'S GOING.
WE'RE GETTING APPROXIMATELY $19.3 MILLION IN THE PROPOSED BUDGET FROM PROPERTY TAXES, SALES TAXES ARE A $12.3 MILLION.
THAT'S A REDUCTION OF 10% AND OTHER TAXES, WHICH ARE MIXED.
BEVERAGE TAXES ARE IN $1 MILLION.
THAT'S A REDUCTION OF 10% FROM PREVIOUS YEAR BUDGETS, UH, FRANCHISE FEES OF $2.3 MILLION.
AND THEN THE REMAINDER OF YOUR REVENUE COMES FROM LICENSING PERMITS AND FINES AND PENALTIES, AND SOME OTHER, UH, WHERE THE MONEY'S GOING.
THE LARGEST EXPENDITURE BASED THERE IS RELATED TO PUBLIC SAFETY POLICE, 11.4 AND FIRE APARTMENT $8.4 MILLION, UH, GENERAL GOVERNMENT AND $8.9 MILLION, AND THEN PARKS AND RECREATION AT $6.1 MILLION AND THEN STREETS AT 2.3 AND DEVELOPMENT OVERVIEW FROM THE FISCAL YEAR 2020 BUDGET TO THE FISCAL YEAR, 2021 BUDGET LAST YEAR OR CURRENT YEAR FISCAL YEAR 2020 BUDGET.
WE HAD A BUDGET FOR TOTAL REVENUE, 39.
I PUT $1 MILLION FISCAL YEAR, 2021 BUDGET THAT IS PROJECTED TO GO DOWN SLIGHTLY AND A DECREASE OF $0.4 MILLION DOWN TO $38.7 MILLION WITHIN THAT, WITHIN THAT REVENUE BASE THERE AGAIN, THE AD, THE WARM TAXES ARE $19.3 MILLION IS AT THE PROPOSED RATE.
THAT IS AN INCREASE OF ABOUT $500,000.
THE SALES TAX, UM, AT $12.3 MILLION A DAY INCREASE OF $1.40.
AND IN ANTICIPATION OF SOME OF THE ECONOMIC IMPACT FROM COVID-19 ON THE EXPENSE SIDE, UH, IN FISCAL YEAR 20 BUDGET, WE HAD IN TOTAL EXPENSES, BUDGET OF $39.1 MILLION, UH, THE FISCAL YEAR 2021 PROPOSED BUDGET KIND OF SEPARATELY, THAT SHOULD, FROM THAT OF ABOUT $400,000 DOWN TO $38.7 MILLION.
AND A LOT OF THAT REDUCTION IS RELATED TO A COUPLE OF THINGS THAT WE LOOKED AT WITH REGARDS TO THE WAY THAT WE WERE BUDGETING.
ONE OF THOSE HEALTH INSURANCE.
WE ASSUMED THAT EVERYBODY WAS ON THE MOST EXPENSIVE PLAN THAT EVEN THOUGH THEY HAD, THEY HAD A SELECTED DIFFERENT PLAN.
SO WE ADJUSTED THAT FOR WHAT OUR PERSONNEL WAS ACTUALLY SELECTING.
UM, AND WE ALSO, UH, WE'RE ANTICIPATING THAT EVERY ONE OF OUR EMPLOYEES WAS OPTING IN PARDON FOR THE COMPENSATION PLAN, WHICH NOT ALL OF THEM ARE.
SO, UH, WE ADJUSTED THAT AS WELL.
SO IT'S MORE REFLECTIVE OF WHERE THE MONEY IS ACTUALLY BEING SPENT.
UM, THE OTHER CHANGE THAT WE MADE WITH REGARDS TO THE EXPENDITURE SIDE WAS WE EVALUATED THE UTILITIES BUDGETS, AND, UH, GOT THOSE MORE IN LINE WITH WERE ACTUAL EXPENDITURES ISSUES.
THIS IS A GRAPHICAL REPRESENTATION OF THE REVENUES FOR THE LAST THREE YEARS.
SO YOU COULD SEE THE, THIS WILL BE YEAR 2019 ACTUAL NUMBERS, OUR FISCAL YEAR 2020 BUDGET.
AND THEN THE FISCAL YEAR 2021 PROPOSED, UM, AD VALOREM TAXES.
UH, YOU CAN SEE GOING UP, UH, SALES TAXES, UH, FISCAL YEAR 2019 TEEN WEATHER WAS A VERY GOOD YEAR, UH, THAT THE BUDGET, UH, THIS YEAR FOR FISCAL YEAR 20 WAS 13.7.
AND AS I MENTIONED, THE 21 PROPOSED 12.3.
SO YOU CAN SEE THAT TRAJECTORY GOING DOWN SLIGHTLY, UH, THE OTHER AREAS, MIXED BEVERAGE TAX.
YOU CAN'T REALLY SEE THE 10% DECREASE THERE, BUT THEIR AREAS
[01:35:01]
OF DECREASED THEIR FRANCHISE FEES, LICENSES, AND PERMITS.UM, OTHER FEES YOU CAN SEE THERE'S NOT SIGNIFICANT, UH, CHANGE WITH REGARDS TO THOSE REVENUE SOURCES.
AND THEN HERE IS A, UH, NUMBER FORMAT LISTING OF ALL OF THOSE REVENUE SOURCES, UH, THE PROPOSED BUDGET, UH, FOR ADVIL WARM TAXES OF $19.3 MILLION.
THAT'S A 2.7% INCREASE FROM FISCAL YEAR 2020 BUDGET.
UH, NON-PROPERTY TAXES ARE BUDGETED TO GO DOWN 9.5%.
FRANCHISE FEES ARE EXPECTED TO REMAIN FLAT AT LICENSES AND PERMITS.
THIS IS AN AREA THAT WE, WE LOOKED AT AND, AND, UM, DETERMINED THAT, UH, WE HAD JUST BEEN UNDER BUDGETING THIS IN THE PAST.
SO WE WORKED WITH DEVELOPMENT SERVICES TO GET THAT AT A MORE APPROPRIATE AT REVENUE LEVEL.
SO THAT ONE, YOU CAN SEE IT'S AN INCREASE OF ABOUT 57.1% FROM THE FISCAL YEAR 2020 BUDGET.
BUT IF YOU LOOK BACK TO 2019, THEY BROUGHT IN AN ACTUAL AMOUNT OF $1.4 MILLION THIS YEAR, THEY'VE, THEY'VE ALREADY EXCEEDED THEIR BUDGET BY ABOUT THREE OR $400,000 SERVICE FEES.
THERE IS AN ANTICIPATED INCREASE THERE OF ABOUT 5% FINES AND PENALTIES.
THERE'S A DECREASE THERE OF ABOUT 25%.
THAT'S PRIMARILY RELATED TO COURT FINES AND THEN INTEREST IN OTHER INCOME.
UH, WE SHOW AN INCREASE THERE OF ABOUT 200%, AND THAT HAS BEEN BUDGETED ABOUT A HUNDRED THOUSAND DOLLARS IN THE PAST, BUT WE'VE BROUGHT IN SUBSTANTIALLY MORE.
SO WE, WE GOT THAT, UH, THOSE OTHER MISCELLANEOUS INCOME SOURCES INTO A MORE APPROPRIATE, UH, BUDGET QUESTION, YOU KNOW, AND A LOT OF THE RESTAURANT CLOSED THE LAST CLIVE'S LAST CITATIONS, JUST IN GENERAL, AS OPPOSED TO CHIEF PLACE.
SO IN MARCH AND APRIL, WHEN WE FIRST STARTED SEEING THE SHUTDOWNS FIRST BIG PUSH, WE HAD A SIGNIFICANT DROP IN CALLS FOR SERVICE AND OTHER ACTIVITY.
HOWEVER, WE ARE BACKUP ROLL CALLS FOR SERVICE.
WE HAVE, WE'VE ALSO INSTRUCTED OUR OFFICERS AGAIN FOR SOCIAL BUSINESS PURPOSES AND FOR EXPOSURE CONNIE OF OPERATIONS PLANS, WE WE'VE ALLOWED THEM TO NOT BE AS PROACTIVE AS FAR AS MAKING TRAFFIC STOPS AND THAT KIND OF THING, BECAUSE IT'S REALLY UNNECESSARY UNLESS IT'S SOMETHING SERIOUS AND, AND PUBLIC SAFETY RELATED.
SO AGAIN, WE'RE, WE'RE KIND OF BACK AND FORTH TRYING TO MANAGE THIS THING THE BEST WE CAN, BUT WE ARE SEEING A LOT OF ACTIVITY IN THE LAST MONTH THAT GOT IT.
SO TOTAL OPERATIONAL REVENUE, WE ARE ANTICIPATING AGAIN ABOUT A $400,000 DECREASE FROM THE FISCAL YEAR 2020 BUDGET TO BE CAUSE FOR YOUR 2020 PROPOSED BUDGET.
THAT'S A DECREASE OF JUST UNDER 1.1% 0.8%.
THIS IS A DEPICTION OF TENURE SALES TAX HISTORY.
SO THIS, UH, THE BLUE LINE EQUALS THE PAYMENTS THAT WE GET EACH MONTH.
UH, THE ORANGE LINE IS A C BASICALLY A SMOOTHING, UM, AVERAGE OF A 12 MONTH, UH, PERIODIC MOVING AVERAGE.
UM, YOU CAN SEE THAT, THAT EVERYTHING WAS, YOU KNOW, A COUPLE OF SPIKES.
THERE WERE SOME PRETTY SIGNIFICANT AUDIT PAYMENTS THAT WE RECEIVED, WHICH MOVED THAT 12 MONTHS LATER, THE MOVING AVERAGE UP PRETTY SIGNIFICANTLY.
UH, IT WENT BACK DOWN TO A NORMAL LEVEL AND NOW YOU CAN SEE IT KIND OF DIPPING DOWN JUST SLIGHTLY RELATED TO COVID.
UM, HOPEFULLY, UH, YOU KNOW, IT DOES PAINT A VERY, UM, A VERY, UH, KIND OF SMOOTH ASPECT WHERE, YOU KNOW, SALES TAX IS GENERALLY REGARDED AS A, AS A MORE VOLATILE, UH, REVENUE SOURCE.
BUT, UH, BUT IT LOOKS, YOU KNOW, ADDISON HAS A VERY DIVERSE ECONOMIC BASE, AND THEN YOU CAN REALLY, REALLY SEE THAT STEPHEN IS CRAP.
WHAT ABOUT APRIL, MAY, JUNE IN THE SALES COLLECTION? SO WHAT'S THE PERCENTAGE OF WHAT ACTUAL REDUCTION AS FAR AS ACTUAL REDUCTIONS.
I KNOW THAT FOR, FOR APRIL, WE HAD A REDUCTION OF AROUND, I THINK $160,000, WHICH WAS, WAS FAR LESS THAN, THAN WHAT WE ANTICIPATED OR OF ABOUT 250,000.
UM, IN MAY, WE ACTUALLY HAD AN INCREASE AND THAT INCREASE, UM, SOME OF THAT IS RELATED TO, UH, ONE OF THE THINGS ABOUT RECEIVING SALES TAXES.
UM, IF SOME OF THE PAYERS PAY THE WRONG PERIOD, UM, THEY DON'T REALLY TELL US WHAT, UH, WHAT PERIOD THEY'RE PAYING FROM.
THEY JUST TELL US THAT IT'S, THAT THEY EITHER PAID EARLIER, THEY PAID LESS.
[01:40:01]
SO IN MAY, WE RECEIVED A LOT OF LATE PAYMENTS.HOWEVER, WE DON'T KNOW IF THOSE WERE, THOSE COULD HAVE BEEN APRIL, IT COULD HAVE BEEN MARCH.
SO, AND, AND THERE'S, THERE'S NO WAY TO GET THAT DATA.
WE JUST KNOW THAT THEY WERE LOW PAYMENTS.
SO, BUT FOR THE TOTAL COLLECTIONS FOR THAT MONTH, WE SAW AN INCREASE.
AND THEN FOR THE LAST MONTH YOU SAW A DECREASE, BUT AGAIN, NOT TO THE LEVEL THAT WE HAD SEEN, I COULD GET YOU THOSE PERCENTAGES.
THAT WOULD BE INTERESTING BECAUSE SOME, SOME RESTAURANT CLOSED AND HOTELS, SOME LARGER HOTELS CLOSED, OR THEY DIDN'T DO MUCH AT ALL, BUT, UH, SOME TAKE ON DELIVERY SERVICE, EVEN GETTING BETTER.
SO, SO IT'S A TRADE OFF, BUT I'M JUST CURIOUS TO SEE WHAT'S IT RIGHT.
AND I, CAN YOU, IN TOTAL, WE HAVE SEEN A PRETTY SIGNIFICANT REDUCTION IN RESTAURANT OVERALL AND A PRETTY SIGNIFICANT INCREASE IN RETAIL TRAIL.
UM, SO THE, WELL, THE LIQUOR STORES ARE DOING GREAT, UM, WHOLE FOODS, UM, TARGET THOSE.
THOSE ARE ALL DOING VERY WELL.
GIVEN THE, I BELIEVE THAT THE TEXAS CONTROLLER'S RULING ON INTERSTATE COMMERCE AND WHERE THOSE TAXES ARE APPLIED, HAVE WE SEEN MUCH OF AN IMPACT FROM THAT? THAT'S DIFFICULT TO DO HELL IF WE REALLY SEE AN IMPACT FROM THAT, IF WE HAVE IT, HASN'T BEEN A NOTICEABLE, UH, THIS VERSION IS A, FIVE-YEAR LOOK AT THE SALES TAX HISTORY SAYING SAME FORMAT AND EVERYTHING, BUT, BUT YOU CAN SEE THAT THE, UH, THE CHANGES MONTH TO MONTH, YOU CAN SEE THOSE A LITTLE BIT MORE CLEARLY.
AGAIN, THE, THOSE VERY LARGE SPIKES THERE AND, UH, 2018 AND 2019, OR REGARD WITH REGARDS TO SOME VERY SIGNIFICANT AUDIT PAYMENTS, UH, WHICH MADE THAT 12 MONTH AVERAGE SHOOT UP, THEN IT WENT BACK TO A MORE NORMAL LEVEL.
AND NOW YOU CAN SEE IN THE LAST FEW MONTHS THAT IT'S DIPPED DOWN, UH, RATE OF CHANGE IN SALES TAX.
SO THIS IS A, UH, OUR FIVE YEAR AVERAGE HAS BEEN JUST UNDER $14 MILLION, UH, AGAIN, UH, 2018 AND 2019.
THOSE ARE YEARS THAT HAD SIGNIFICANT, UM, AUTO PAYMENTS IN THERE.
UH, THE 2020 BUDGET OF $13.7 MILLION, UH, WAS A REDUCTION FROM PREVIOUS YEARS, UH, ACTUALS.
AND THEN THE FISCAL YEAR 2021 PROPOSED BUDGET IS A 10% REDUCTION FROM THE, THIS GRAPH SHOWS COMMERCIAL AND BUSINESS PROPERTY, UH, BUSINESS, PERSONAL PROPERTY, PROPERTY TAX, UH, COMPARED TO, UH, THE SALES TAX.
SO THE PROPERTY TAX, AND THEY ALMOST MOVE IN A, IN A LINEAR FASHION.
IT SEEMS, UH, THE ONE, UH, REAL, UM, DISTINCTION FROM THAT IS TO GIVE IN 2018 WHERE THE SALES TAX POPPED UP RELATED TO THAT VERY SIGNIFICANT AUTO PAYMENT, BUT THEY SEEM TO MOVE, UH, GENERALLY IN TANDEM WHEN OUR COMMERCIAL AND OUR BUSINESS PERSONAL PROPERTY TAX GENERATION IS HIGH.
SO AS THE SALES TAX RETURNS, UH, ON THE, ON THE, UH, GENERAL FUND PROPOSED EXPENDITURES, UM, CITIES ARE A, UH, A SERVICE ORGANIZATION.
SO THE MAJORITY OF OUR, OUR COSTS ARE IN PERSON, YOU KNOW, THIS BUDGET PROPOSES THAT OF THE $38.7 MILLION JUST UNDER 64%, 63.9% OF THAT IS RELATED TO PERSONNEL SERVICES, UH, CONTRACTUAL SERVICES.
YEAH, 19% OF THE BUDGET, UH, MAINTENANCE IS 9.4% SUPPLIES, OR 4% CAPITAL REPLACEMENT IS 3.7%.
AND THEN THERE'S A SMALL AMOUNT OF CAPITAL OUTLAY, BUT IT DOESN'T REGISTER.
AND THEN THEY PROPOSE OPERATIONAL EXPENSES, UH, BY DEPARTMENT, UH, WITH REGARDS TO CITY SECRETARY THERE'S, UH, NOT A SIGNIFICANT PERCENTAGE CHANGE, UH, IN THE CITY MANAGER'S OFFICE.
THERE'S A 4.7%, UH, REDUCTION, UH, PIECE OF THAT.
IT RELATES TO THE ALLOCATION OF, UH, MITCHELL TO, UH, THE PARTIALLY TO THE UTILITY FUND INTO THE AIRPORT FUND TO BETTER ALIGN WITH, UH, HER DUTIES AND RESPONSIBILITIES IN THE FINANCE DEPARTMENT.
[01:45:01]
UH, REDUCTION.UM, AND THE MAJORITY OF THAT, AGAIN, RELATES TO ALLOCATING PERSON.
SO NOW TO THE AIRPORT FUND AND THE UTILITY FUND, A BETTER ALIGN, UH, WITH THEIR DUTIES AND, AND TASKS, UH, GENERAL SERVICES HAS A REDUCTION OF 6.8%.
A COURT HAS INCREASE THE, UH, JUST UNDER 1% 0.7.
UH, HR HAS A REDUCTION OF 3.1%.
THERE'S AN ALLOCATION ALLOCATION OF ONE EMPLOYEE THERE, UM, TO SERVICE, UM, UH, AGAIN, UTILITY AND AIRPORT TO BETTER ALIGN, UH, OUR ADMINISTRATIVE SUPPORT, UH, WITH THOSE THE ENTERPRISE FUNDS, UH, AN INCREASE IN, IN THE IT BUDGET OF 1.5%, OKAY.
AND THIS IS AN AREA WHERE WE TRIED TO, UH, THERE WAS, THERE WERE SEVERAL, YEAH, IS THAT RELATED THAT ACTUALLY RELATED TO A DEPARTMENT, UM, THAT WE ALLOCATED THOSE BACK TO THE DEPARTMENT SO THAT IT WOULD BE PART OF THEIR OPERATIONAL BUDGET AND NOT IN A, UH, KIND OF A COMBINED DEPARTMENT.
SO THAT'S WHERE THAT 15 POINTS 2% REDUCTION COMES FROM THERE.
UH, SOME INSTANCES OF THOSE ARE THERE, THERE WERE SOME DUES AND MEMBERSHIPS THAT WERE MORE APPROPRIATE.
YOU HAD A SAY IN THE CITY MANAGER'S OFFICE, THERE WERE SOME PROFESSIONAL SERVICE FEES THAT WERE RELATED TO FINANCE.
UH, THERE WERE SOME EMPLOYEE APPRECIATION STEP THAT BELONGED IN HR.
SO WE ALLOCATED THOSE ITEMS TO THE CORRECT DEPARTMENT.
AND THEN THERE'S A REDUCTION IN THE CITY COUNCIL BUDGET OF 37%.
SO WE DON'T HAVE TO HAVE A MEALS EXCEPT TODAY.
UM, SO TOTAL GENERAL GOVERNMENT OVERALL AND REDUCTION OF ABOUT HALF A MILLION DOLLARS AT 5.4% REDUCTION.
A MAJORITY OF THAT HAS TO AGAIN, DO WITH, UM, OR NOT THE MAJORITY, BUT, BUT A BIG PORTION OF THAT HAS TO DO WITH REALLOCATING.
SOME OF OUR ADMINISTRATIVE PERSONNEL THAT'S BEEN PROVIDING STRAIGHT SUPPORT TO THE AIRPORT AND THE UTILITY FUND, UM, AND HAVING THE MAYOR, THE BURDEN OF SOME OF THOSE ADMINISTRATIVE COSTS, UH, SOME OTHER, UH, COST REDUCTION SHOULDN'T THAT PIECES WITHIN THE GENERAL GOVERNMENT SIDE, UH, WILL RELATED TO THE UTILITIES AND RIGHT SIZING OUR BUDGET OR THE UTILITIES THAT WE'RE ACTUALLY PAYING, UH, PUBLIC SAFETY OVERALL, A DECREASE OF ABOUT 0.4%, UH, POLICE, UM, UH, PRETTY EVEN AT 0.3% REDUCTION, UH, EMERGENCY COMMUNICATIONS.
THAT'S OUR CONTRACT THAT INTECH NORTH TEXAS EMERGENCY COMMUNICATIONS, UH, THAT IS A 0.6% REDUCTION.
AND THEN THE FIRE DEPARTMENT, 8.3% REDUCTION, UH, DEVELOPMENT SERVICES IS A 0.6% REDUCTION.
UH, STREETS IS A 5.7% INCREASE IN THAT PRIMARILY RELATES TO, UH, ONE THE INCREASE IN, UH, THE ANTICIPATED CONTRACT CWD, WHICH WAS UNKNOWN AT THE TIME THE BUDGET WAS, UH, PUT TOGETHER.
AND THEN TO THE TWO ADDITIONAL STREETS IN BOYS THAT WERE PROPOSED FOR THE BULK AND BRUSH, UH, PARKS AND RECREATION, UH, OVERALL 6.1% INCREASE.
UH, A LOT OF THAT INCREASE AGAIN, DEALS WITH, UH, THE, UH, UPGRADES TO THEIR IRRIGATION SYSTEM.
UH, RECREATION IS A 2.9% DECREASE.
AND THEN TOTAL PARKS AND RECREATION IS AT A 3.2.
SO TOTAL OPERATIONAL EXPENDITURES, AGAIN ABOUT A $400,000 DECREASE FROM THE PREVIOUS YEAR, JUST OVER 1%, 1.1% REDUCTION TRANSFERS TO OTHER FUNDS.
AND THESE ARE TRANSFERS HAVE GENERALLY BEEN TO THE SELF FUNDED SPECIAL PROJECTS FUND, UH, TO FUND ONE TIME, UH, SPECIAL PROJECTS LAST YEAR, OR IN THE CURRENT YEAR OF FISCAL YEAR 20, THERE WAS A BUDGET OF $4.1 MILLION.
AND THE 21 BUDGET, THERE'S A BUDGET OF ABOUT 500,000.
THAT'S A REDUCTION OF ABOUT EIGHT, 8.7%.
AND THEN TOTAL EXPENDITURE SIDE IS A REDUCTION FROM THE FISCAL YEAR 20 BUDGET, 9.4%.
STEVEN, IF YOU HAD TO ESTIMATE THE FINANCIAL IMPACT OF COVID-19 AND I'M THINKING OF PBE AND ALL THE THINGS PEOPLE TALK ABOUT, ANY COMMENTS ON THAT, AS FAR AS WHAT WE WOULD BE PURCHASING, AS WELL AS HOW IT'S IMPACTED THE OPERATIONAL FROM A FINANCIAL STANDPOINT, FROM A FINANCIAL PERSPECTIVE, BILL HOLLAND, YOU HAPPEN TO REMEMBER THE NUMBER WE'VE SPENT SO FAR ON PPE.
SO I WOULD PLACE THAT UNDER $20,000
[01:50:01]
TODAY, WHEN YOU LOOK AT MASS, UH, L FIRE DEPARTMENT HAD SOME EXPENSES THAT WERE PAID FOR BY DIFFERENT GRANTS.SO, UM, ATTRACTING CARE THAT RELATED ONES.
SO THAT MIGHT BE ABLE TO HIRE OUR MOST SIGNIFICANT COSTS TODAY REALLY RELATES TO THE PROVISION OF SPECIALIZED CLEANING AT CITY FACILITIES.
AND THAT'S ABOUT $900 A DAY, FIVE DAYS A WEEK.
SO WE'RE WE'RE TO COME AND HAVE STAFF COME IN AND CLEAN ALL THE SERVICES TWICE A DAY, ATHLETIC CLUBS SIT AND COUNT FACILITIES WHERE EMPLOYEES WORK OR VISITORS COME IN, AND THEN THAT WAY IT IS FATEFUL.
COULD THAT BE REIMBURSED TO THE CARES ACT AS WELL, WHICH WAS PART OF ONE OF THE PROGRAMS THAT Y'ALL PASS LAST LAST MONTH.
SO IT WOULD HAVE BEEN ABOUT A THOUSAND CURES THAT IT'S COVERING, RIGHT? AND I BELIEVE THAT THE POLICE DEPARTMENT SPENT AROUND $6,000 SO FAR, WE DID GET A REIMBURSEMENT FOR THE FEMA FOR THOSE EXPENDITURES AS WELL.
THIS IS A WALK FORWARD FUND BALANCE FROM 2019 THROUGH THE FISCAL YEAR 2021 PROPOSED BUDGET.
UH, SO WITH OUR, UH, YOU KNOW, THE 2021 BUDGET BEGAN WITH A BEGINNING FUND BALANCE ESTIMATE OF ABOUT $18.1 MILLION.
UM, AS I'VE MENTIONED IN OUR COVID DISCUSSIONS, UH, THE ACTUAL RESULTS WERE ABOUT TWO AND A HALF MILLION DOLLARS, UH, POSITIVE FROM THAT.
SO WE ACTUALLY ADDED ABOUT $20.6 MILLION.
AND THEN WHEN, WHEN WE WALK THAT THROUGH OUR ESTIMATED OPERATING REVENUE AND EXPENDITURES AND TRANSFERS TO THE SELF-FUNDED SPECIAL PROJECTS FUND, WE ANTICIPATE ENDING FISCAL YEAR 20 WITH ABOUT $18.1 MILLION, WHICH IS 47.4% OF OUR OPERATING EXPENDITURES.
UH, WHEN COMPARED THAT WITH THE, UH, FISCAL YEAR 2020 BUDGET THAT WE ESTIMATED AN ENDING FUND BALANCE WITH ABOUT $14 MILLION, WHICH WAS ABOUT 35.7% OF OUR OPERATING EXPENDITURE.
SO A PRETTY SUBSTANTIAL INCREASE, AND THAT'S A COMBINATION, UH, THE BEGINNING FUND BALANCE BEING HIGHER, AND THEN ALSO A FAVORABLE, FAVORABLE PERFORMANCE ON OUR REVENUE AND EXPENDITURE PROJECTIONS FOR FISCAL YEAR 2020.
SO ROLLING THAT $18.1 BILLION FORWARD, UH, TO THE FISCAL YEAR 21 BUDGET, UH, WITH BASICALLY A, UH, NO NET EFFECT BETWEEN OPERATING REVENUE AND OPERATING EXPENDITURES.
AND WE DO HAVE ABOUT A $500,000 TRANSFERRED TO THE SELF FUNDED PROJECTS FUND TO FUND SOME OF THOSE, UH, DECISION PACKAGES THAT WERE PRESENTED EARLIER.
AND OVERALL THAT LEAVES AN ENDING FUND BALANCE OF ABOUT $17.7 MILLION, WHICH IS 45.9% OF PROJECTED AT FISCAL YEAR 2021 OPERATING.
UH, THIS IS, THIS IS, UH, A SIMILAR SLIDE, JUST A LITTLE BIT DIFFERENT VIEW THAT SHOWS THE DIFFERENCE BETWEEN, UH, IT SHOWS THAT DIFFERENCE BETWEEN OUR BUDGET AND OUR ESTIMATE.
SO AGAIN, THIS SHOWS IN THE THIRD COLUMN, THE $2.5 MILLION DIFFERENCE IN OUR BEGINNING FUND BALANCE THAT WE BELIEVE THAT WE'LL HAVE ABOUT A $200,000, UH, OPERATING, UH, POSITIVE VARIANCE, UH, RELATED TO FISCAL YEAR 20 BUDGET, UM, ABOUT 8.9, OR I'M SORRY, ABOUT A $900,000 POSITIVE VARIANCE ON THE EXPENDITURE SIDE, UH, THE TRANSFER TO, UH, THE SELF-FUNDED SPECIAL PROJECTS FUND, UH, WE ANTICIPATE ABOUT A $400,000 POSITIVE VARIANCE FROM THAT, UH, WHICH OVERALL IS A $4.1 MILLION POSITIVE VARIANCE, UH, WHICH, WHICH IS THAT, UH, 11.7% DIFFERENCE BETWEEN THE BUDGET AND THE ESTIMATED, UH, FISCAL YEAR 2020, UH, RESULTS.
AND THEN, AND THEN AGAIN, THE, THE DATA THERE FOR FISCAL YEAR 2021 IS THE SAME AS THE PREVIOUS SLIDE IN ENDING FUND BALANCE ESTIMATE OF 45.9% OF OUR OPERATING.
SO 1% RESERVE IS HOW MANY, 586 THAT'S THE TAX RATE.
1% RESERVE IS, UM, SEE THAT IS $387,000.
[01:55:05]
COMPARE THE GENERAL CATEGORY, UNDERSTAND WHAT THOSE VALUES ARE? WHAT VALUES ARE VALUES, FOR INSTANCE, TOTAL OPERATIONAL EXPENDITURE FOR THE GENERAL FUND, IS THAT YES, COMBINEDTHE TOTAL OPERATIONAL EXPENDITURES ON PAGE 21 IS 38,000,006 64, THREE 59 ON PAGE 15, THE TOTAL OPERATIONAL EXPENDITURES IS 38,000,006 64 59.
ARE YOU JUST LOOKING AT THE
ANY OTHER GENERAL FUND QUESTION? SO MOVING ON TO THE SELF-FUNDED, UH, SPECIAL PROJECTS FUND, UH, THIS IS THE FUNDING SOURCE.
HERE IS A TRANSFER FROM THE GENERAL FUND GENERALLY TO FUND ONE TIME IDOLS.
UM, AND FISCAL YEAR 2020, THERE WAS A BUDGET, A BUDGET OF TRANSFER, $4 MILLION, AND THE TOTAL EXPENDITURE BUDGET OF $4.5 MILLION IN THIS FISCAL YEAR, FISCAL YEAR, 2021 PROPOSED BUDGET PROPOSING THAT $463,950 TO BE TRANSFERRED IN A TOTAL EXPENDITURE BUDGET, JUST UNDER $1 MILLION.
SO THE REDUCTION OF REVENUE TO EXPENSE OF ABOUT HALF A MILLION DOLLARS, AS I MENTIONED BEFORE, THERE THERE'S SOME RESIDUAL FUNDS THAT HAVE BUILT BACK WITHIN THIS BOND THAT IT'S APPROPRIATE TO, TO USE THOSE FOUR PROJECTS AND NOT HAVE TO TRANSFER MONEY FOR THE GENERAL FUND.
SO SOME OF THE MAJOR EXPENDITURE ITEMS, UH, WITH REGARDS TO THIS, UH, WERE MENTIONED EARLIER WITH REGARDS TO, UH, DECISION PACKAGES.
UH, ONE OF THOSE IS THE AREAS STUDY FOR $140,000.
THE OTHER ONE OTHER MAJOR ITEM AREA IS THE ADDISON CIRCLE, UH, TRANSIT ORIENTED DEVELOPMENT, UH, $318,000.
AND THEN YOU HAVE SEMESTER PARK IMPROVEMENTS, UH, JUST OVER A HUNDRED THOUSAND DOLLARS, UH, BIGGEST ITEMS, AS FAR AS THE EXPENDITURE SIDE.
CAN YOU REMIND US WHAT YOU SPENDING BEFORE THIS YEAR AND THE PROCESS, JUST TO REMIND EVERYBODY TO START AND, UH, STEVEN, UH, THERE WERE, UM, I THINK 400, 450, $1,000 FOR THE, UH, THE IMPROVEMENTS AT THE ATHLETIC CLUB.
WE DIDN'T END UP DOING, UM, THE, UH, THERE'S A STREET MAINTENANCE, THAT'S THE BIGGEST ITEM THAT WAS JUST OVER A MILLION DOLLARS.
UH, THERE ARE, UH, BRIDGING GAZEBO RENOVATIONS THAT WERE JUST UNDER $300,000.
THERE WAS THE ASSET MANAGEMENT IMPLEMENTATION THAT $800,000.
UH, THERE WAS, UH, UH, THE BAGEL REPLACEMENT AT THE FIRE STATIONS, UH, $300,000.
[02:00:01]
AS WEST MENTIONED EARLIER, THERE'S BEEN A, UH, BUILDINGS REPAIR LINE.UM, THERE WAS, UH, IN THE AIR FILTRATION SYSTEM, UH, AT THE FIRE STATION RIGHT THERE, THAT'S A, THAT'S $180,000.
UM, JUST TRYING TO GIVE IT FLAVOR OF WHAT, WHAT WAS, YOU KNOW, WHAT WE SPENT LAST YEAR THIS YEAR.
SO THOSE ARE THE BIGGEST ONES THERE'S, UH, THERE'S QUITE A BIT, YEAH.
SO, UH, THE PROJECTS THAT ARE PART OF THIS FISCAL YEAR 21 PROPOSED SELF FUNDED PROJECTS BUDGET, I THINK WE WENT OVER ALL OF THESE.
THERE WAS THE NEIGHBORS, NEIGHBORHOOD SECURITY AND THE STATUS AND LAST SMOKE DETECTOR, BATTERY REPLACEMENT PROGRAM, BALLISTIC YEAR, UH, THE ADDISON CIRCLE, UH, TRANSIT ORIENTED DEVELOPMENT, AND THEN CELESTIAL PARK IMPROVEMENTS, THOSE TOTAL $481,000.
AND THEN AN ONGOING ITEM HAS BEEN A SPECIAL AREA STUDY THAT IS $40,000.
ALL OF THE OTHER ITEMS THERE THAT WERE PART OF THE EXPENDITURE BUDGET FOR THE SELF-FUNDED SPECIAL PROJECTS FUND ARE RELATED TO PRIMARILY MAINTENANCE, FOR INSTANCE, THE, UM, FACILITY MAINTENANCE, UM, AT, UH, PUBLIC SAFETY FACILITIES.
UH, THERE WAS, UH, AN ITEM THAT WAS MAINTENANCE AT THE ATHLETIC CLUB.
UH, THEN THERE'S THE SPECIAL, UM, UM, BUILDING REPAIR MAINTENANCE LINE THAT WAS PROPOSED.
ANY, ANY QUESTIONS ABOUT THAT? OR DO WE WANT TO MOVE ON TO YOUR SPECIAL REVENUE FUNDS? ESPECIALLY OUR BIGGEST POINT IS GOING TO BE THE, UH, THE HOTEL BOND.
AND THIS IS, THIS IS THE ONE THAT WITH THE COVID-19 IS THE ONE THAT'S GOING TO BE TESTED THE MOST AS FAR AS, UH, THE OPERATIONS GIVE.
SO OUR FISCAL YEAR 2020 BUDGET THAT INCLUDED A TOTAL REVENUE BUDGET OF $7.6 MILLION.
ON THE EXPENDITURE SIDE, WE WERE ANTICIPATING A $7.9 MILLION.
UM, HOWEVER, WE'VE SEEN THAT THE REVENUE AND THE EXPENDITURE ARE GOING TO BE FAR BELOW WHAT WAS ANTICIPATED ONE ON THE REVENUE SIDE, UH, THE VAST REDUCTION IN HOTEL OCCUPANCY TAX, UH, ON THE EXPENDITURE SIDE, THE CANCELLATION, UH, SPECIAL EVENTS, UH, UM, AND THEN OFFSETTING REVENUES, UH, WHAT WE GET FOR THOSE AS WELL.
SO, UH, SO THOSE BUDGETS ARE KIND COME FUNDED WELL UNDER BOTH OF THOSE ON THE REVENUE AND EXPENSE SIDE, UH, ON THE FISCAL YEAR 2021 PROPOSED BUDGET, UH, WE HAVE A PROPOSED BUDGET OF $5.3 MILLION FOR REVENUE, UH, HOTEL TAXES MAKE UP $4.2 MILLION OF THAT.
AND THAT IS A 25% REDUCTION FROM FISCAL YEAR 20, 20 SPECIAL EVENTS REVENUES, TOTAL 1.1 MILLION THAT MAKES UP BASICALLY THE ENTIRE REVENUE BUDGET.
THE TOTAL DIFFERENCE FROM FISCAL YEAR 20 TO FISCAL YEAR 21 IS A REDUCTION OF ABOUT $2.3 MILLION WHERE THE SPECIAL EVIDENCE REVENUE WILL COME FROM WHERE IT COMES FROM.
IT COMES FROM 1 MILLION, RIGHT? IT COMES FROM, WELL, IT PRIMARILY COMES FROM THE THREE MAJOR EVENTS.
AND I BELIEVE I HAVE A, A SLIDE IN A SUBSEQUENT SLIDE THAT GOES, IT SHOWS THE, BASICALLY THE OPERATIONS OF THE BEACH OF HIM.
UM, SO IN TOTAL, UH, WE'RE SHOWING A REVENUE TO EXPENSE OF, UH, ABOUT A $0.2 MILLION DECREASE AS FAR AS OVERALL REVENUES, UM, COMING DOWN OVER EXPENDITURES, THE DIFFERENCE FROM LAST YEAR, UH, AND THEN IN TOTAL, WE HAVE $5.3 MILLION IN REVENUE, $5.8 MILLION IN EXTENT AND EXPENSE.
SO A REDUCTION IN FUND BALANCE OF ABOUT $500,000.
THIS IS A GRAPHICAL DEPICTION OF OUR HOTEL FLOOD REVENUES, THE 5.3, 3 MILLION.
YOU CAN SEE HOTEL TAXES, UH, BASK REDUCTION.
THE GREEN BAR IS FISCAL YEAR 2021 PROPOSED BY THE OTHER MAJOR REVENUE SOURCE.
THERE ARE PROCEEDS FROM SPECIAL
[02:05:01]
EVENTS, NOT THAT MUCH OF A CHANGE THERE.UM, AND ON THE CONFERENCE CENTER RENTAL, YOU CAN SEE THAT WITH THE PROPOSAL FOR THAT FACILITY TO BE CLOSED FOR FISCAL YEAR 2021, THAT THERE ARE NO REVENUES ASSOCIATED WITH THAT.
THIS IS A BASICALLY A LINE ITEM DETAIL OF, UH, REVENUE SOURCES, UM, HOTEL TAXES.
AGAIN, WE'RE PROJECTING THOSE TO GO DOWN BY 25% FROM 5.5 MILLION TO 4.16 MILLION PROCEEDS FROM SPECIAL EVENTS OR REDUCTION OF ABOUT 200,000 A CONFERENCE CENTER RENTAL, A FOR ADOPTION, THAT'S BEING REDUCED DOWN TO ZERO WITH THE PROPOSED CLOSURE OF THE FACILITY THEATER CENTER RENTAL, A REDUCTION OF ABOUT 75%.
SOME OF THAT IS RELATED TO A GRANT IN KIND FOR A WATER TOWER THEATER THAT WILL BE, UH, THAT'S PART OF HIS PRESENTATION, BUT IT'S THE LAST PART OF THE PRESENTATION THAT RELATES TO, UH, NONPROFITS.
UH, AND THEN WE'VE ADJUSTED INTEREST IN OTHER INCOME.
UH, THAT'S A, THAT'S A INCREASE THERE OF ABOUT, UH, $200,000 FROM WHERE THAT HAD BEEN BUDGETED PREVIOUSLY.
SO OVERALL TOTAL OPERATIONAL REVENUE, ABOUT 30, 30% REDUCTION, UH, FROM FISCAL YEAR 2020 BUDGET ON THE PROPOSED EXPENDITURE SIDE BY CATEGORY, UH, THE LARGEST, UH, EXPENDITURE LINE HERE IS RELATED TO CONTRACTUAL SERVICES, 69.4%, UH, PERSONNEL SERVICES JUST UNDER 23%, UM, MAINTENANCE 5.3%, AND THEN, UH, SUPPLIES AND CAPITAL REPLACEMENT, THE CAPITAL OUTLAY MAKEUP, NOT TWO AND A HALF PERCENT, UH, PROPOSED EXPENDITURES BY FUNCTION, UH, SPECIAL EVENTS MAKE UP ABOUT 44.2% OF THE EXPENDITURE SIDE, UH, SPECIAL EVENTS OPERATIONS MAKE UP 17.1% OF THE EXPENDITURES.
UH, MARKETING IS 20.4% OF THE EXPENDITURES, UH, PERFORMING ARTS AND THE ADDISON THEATER CENTER, UH, MAKE UP ABOUT 12, 11.8% IN TOTAL, UH, CONFERENCE CENTER.
THERE STILL ARE SOME EXPENDITURES RELATED TO THAT, UH, WITH AS FAR AS MAINTENANCE AND THERE'S SOME UTILITIES.
AND SO, UH, THAT, UH, FACILITY, UH, WE ANTICIPATE ABOUT 3.7% OF THAT $5.4 MILLION BUDGET BEING ASSOCIATED WITH CONFERENCE CENTER, AND THEN GENERAL HOTEL OPERATIONS HAS A BUDGET OF 2%, A HOTEL FIND EXPENSES BY FUNCTION.
YOU CAN SEE THE ACID THEATER CENTER HAD A BUDGET IN FISCAL YEAR 2020 OF ABOUT A 420,000.
THERE'S BEEN ABOUT A 26% REDUCTION, UH, WITH REGARDS TO THAT DOWN TO ABOUT 310,000, UH, THE CONFERENCE CENTER AT A BUDGET OF 1.1, 5 MILLION.
AGAIN, WE'VE REDUCED THAT AT ONLY FOUR ITEMS SUCH AS INSURANCE ON THE BUILDING, SOME UTILITIES, SOME OF THE THINGS THAT WE'LL CONTINUE TO HAVE TO PAY FOR, FOR THAT FACILITY WITH THAT BUDGET HAS BEEN REDUCED BY 82 AND A HALF PERCENT, UH, GENERAL HOTEL FUND OPERATIONS, UH, THAT HAS AN INCREASE OF 10.4%.
THE REASON FOR THAT IS, UH, THAT'S A VACANT POSITION THAT, UH, PROBABLY WOULD NOT BE FILLED, BUT, UM, BEING A VACANT POSITION, IT'S ASSUMED THAT, UH, THERE WOULD BE A HIGHER LEVEL OF, UH, OF INSURANCE COVERAGE AND THINGS LIKE THAT.
SO THAT'S WHY, UH, THAT HAS A LITTLE BIT HIGHER, HIGHER AMOUNT THAN WHAT WAS IN THE FISCAL YEAR 2020 BUDGET.
UH, THE MARKETING SIDE IS JUST UNDER A 2% INCREASE.
UH, PERFORMING ARTS, UH, HAS A 35.5% DECREASE, AND THEN SPECIAL EVENTS HAS A 14.4% DECREASE AND THEN SPECIAL EVENT OPERATIONS, A 7.2% DECREASE.
AND IN TOTAL OPERATING EXPENDITURES ARE ANTICIPATED TO DECREASE IN THE PROPOSED BUDGET BY 24.1%.
AND THE IDEA HERE WAS TO MATCH THE 25% REDUCTION THAT WE HAVE IN THE OCCUPANCY TAX REVENUE SIDE.
AND I'M NOT SURE THIS ANSWERS THE QUESTION THAT YOU WERE, THAT YOU WERE ASKING THE COUNCIL MEMBER, UM, AS FAR AS WHERE THE REVENUE IS COMING FROM, I WAS INTERESTED IN THE PROPOSALS FOR EACH OF THEM.
HOW WOULD YOU HAVE IT JUMPS TO THE 1.1 MILLION? GREAT.
DIDN'T NEED CURRENT ENVIRONMENT.
SO, UM, WITHIN, UH, THE BUDGET, THERE ARE THREE MAJOR EVENTS CASE TO MADISON KABOOM TOWN AND OCTOBER FEST.
UH, WITHIN THESE, YOU CAN SEE WITH REGARDS TO REVENUES AND EXPENDITURES ANTICIPATED.
[02:10:01]
REDUCTIONS IN REVENUES ANTICIPATED FOR INSTANCE, TASTE OF ADDISON.AND I ANTICIPATE THAT GOING FROM A BUDGET OF 480,000 DOWN TO APRIL POST AMOUNT OF 333,000, UH, THERE IS, UM, UH, ON THE EXPENDITURE SIDE, A REDUCTION IN THE EXPENDITURES DOWN FROM ABOUT 1.1 MILLION TO ABOUT 800,000, UH, KABOOM TOWN.
OUR REVENUE IS ANTICIPATED IN THAT EVENT TO INCREASE SLIGHTLY, AND THERE'S A SLIGHT DECREASE ON THE EXPENDITURE SIDE.
AND THEN FOR OCTOBER FEST, UH, A DECREASE OF ABOUT $80,000 ON THE REVENUE SIDE AND ON THE EXPENDITURE SIDE, A DECREASE FROM 960 DOWN TO A 7,000.
SO THE REVENUE TO EXPENSE, UH, FOR EACH IN THE FISCAL YEAR, 2021 PROPOSED BUDGET.
AND IF YOU LOOK AT TASTE OF ADDISON, THERE WAS THAT IN THE PREVIOUS YEAR, THERE WAS A $616,000, UH, EX EXPENSES OVER REVENUES THIS YEAR, UH, IN THE PROPOSED BUDGET, THAT'S ANTICIPATED TO GO DOWN TO 481,000, UH, KIND OF BOOMTOWN THAT, UH, IS ANTICIPATED TO GO FROM A $431,000 VARIANCE DOWN TO 407,000.
AND THEN IN OCTOBER FEST, UH, ANTICIPATED TO GO DOWN FROM $227,000 NEGATIVE VARIANCE DOWN TO 106.
SO KABOOM TOWN ABOUT THE SAME OCTOBER FEST, SLIGHT DECREASE IN A PRETTY SIGNIFICANT DECREASE IN K STATUS IS THE, THIS IS JUST ASSUMPTION.
THIS IS CORRECT FOR NEXT YEAR.
THIS IS THEIR BUDGET IT AS WEIGHT.
BUT WE STILL DO, ESPECIALLY RENTS MANY DEPENDS ON WHETHER THE COVID-19 IS DOING EXISTING OR NOT.
IF IT IS A VACCINE COVID-19 GOES AWAY OR NOT A GO AWAY, BUT IT CAN BE CONTROLLED.
SO THIS ESTIMATE ACTUALLY IS
AS A MATTER OF FACT, THE BIGGER SCALE, THE SPECIALTY EVENTS, THE MORE DEFICIT IS GOING TO BE BECAUSE WE ARE GOING TO PUT IN MORE MONEY TO HANDLE.
SO, OR FOUR, WE COULD, WE COULD HOLD OUR COSTS FIXED.
THEN FOR SOME REASON NOT GENERATE THE REVENUE BECAUSE ATTENDANCE IS DOWN AND IT'S GOOD PACS, THE DELTA, THE DIFFERENCE BETWEEN BUDGET AND WHAT ACTUALLY, OR THE OTHER WAY THAT WE CAN HELP OUR PROSPECTS, THE, EVERYBODY COMES FURTHER, COVITZ OVER, YOU KNOW, CELEBRATION AND WE'VE GOT
I WAS JUST INTERESTED WITH THE ASSUMPTIONS.
SO ON TASTE ADDISON FOR THE FISCAL YEAR TO 2021 PROPOSED WHAT WE'RE SAVING THIS YEAR FOR BAND COSTS THAT WE ALREADY HAD.
I MEAN, IS THAT THE DIFFERENCE IN THAT'S
JASMINE, YOU HEAR US KIND OF VERY HELPFUL.
THE JAZZ GROUP DIRECTOR, SPECIAL EVENTS.
CAN YOU HEAR ME? YES, MA'AM HEAR ME AT LEAST.
UM, SO YES, THERE IS A DRASTIC DECREASE IN THE ENTERTAINMENT BUDGET FOR FISCAL YEAR 2021, BECAUSE WE'VE ALREADY PAID 50% OF THE COSTS FOR OUR ENTERTAINERS THIS YEAR.
SO THAT IS A SIGNIFICANT SAVINGS GIVEN THAT ENTERTAINMENT NATIVE OVER $400,000 OF EXPENSES IN THE 2020 BUDGET.
SO THAT'S A BIG PART OF IT ALSO IS JUST TIGHTENING BELT AND OTHER PLACES, FINDING WAYS TO REDUCE EXPENSES AND DO THINGS AT A LOWER COST.
GIVEN THAT WE RECOGNIZE WE'RE EXPECTING A DECREASE IN REVENUE FROM SPONSORSHIPS, UM, POTENTIAL, UH, DECREASE IN ATTENDANCE REVENUES.
SO WE WERE JUST LOOKING ANYWHERE BECAUSE I HAD TO TIGHTEN THINGS UP AND TRY TO OPERATE AS LEAN AS WE COULD.
I REMEMBER A MONTH AGO, YOU DIDN'T GIVE US A RESPONSE, WHETHER THEY WAITING TO TAKE 50% AND THEN IT SAYS YOU PAID THEM, AND THEN IS THIS BUDGET REFLECT THEY WILLING TO PAY YES.
[02:15:01]
KIND OF IS COMFORTABLE WITH 50% POSTPONE TO NEXT YEAR.UNFORTUNATELY, WE CANNOT DO IT NEXT YEAR.
LET'S GO INTO, WE'LL HAVE THAT CONVERSATION LATER ON.
WHERE, WHAT FUNDS DO WE BUDGET THE, UH, THE LIGHTING EXPENSE PUT UP AND TAKE DOWN THE CHRISTMAS LIGHTS OR THE VITRUVIAN LINES IT'S IN THE, I DON'T KNOW, IS IT SO FROM THE SPECIAL EVENTS FUND, IT'S NOT FOR ONE OF THESE THREE EVENTS, BUT IT IS IN THE BUDGET.
AND THEN, AND CAR RECALL THAT'S ABOUT A HUNDRED THOUSAND DOLLARS.
IT'S $180,000, WHICH INCLUDES WHAT LIGHTS AND A LITTLE BIT ENTERTAINMENT, CORRECT.
THEY PAID FOR THE LIGHTING FOR VITRUVIAN LIGHTS, AS WELL AS A PORTION OF THE ENTERTAINMENT FOR THE CONTRIBUTED NIGHTS SERIES IN THE SUMMER.
AND
NO, THESE ARE, THESE ARE TOWN SPECIAL EVENTS, RIGHT? SO ARE YOU, IF YOU'RE ASKING IF, WHETHER OR NOT WE SHOULD, THOSE, THOSE, THOSE EVENTS ARE NOT RUN BY THE TOWN.
THOSE ARE FUNDED IN PART BY THE TOWN, AND WE'VE GOT THAT IN A DIFFERENT, BUT IT'S NOT A EVENT THAT THE TOWN OPERATES ITSELF.
I THINK WE'RE JUST TALKING ABOUT DOLLARS HERE.
WE'RE TALKING ABOUT THE DOLLARS ASSOCIATE, BUT THE SPECIAL EVENTS, SPECIFIC, SPECIAL EVENTS THAT WE, THE TOWN, THE LARGE SPECIAL EVENT, THIS IS TOM HOSTED EVENTS, DIFFERENT FROM THE
WE DON'T HOST, BUT WE PAY THEM.
IT'S NOT ON THIS SLIDE, BUT IT IS A BUDGET.
ALRIGHT, CONTINUE ON TO THE ECONOMICS.
THE DEVELOPMENT FUND, THIS FUND IS FUNDED BY A PORTION OF THE PROPERTY TAX, BUT WE ANTICIPATE THAT, UH, NOT TO BE ABOUT $1.1 MILLION IN FISCAL YEAR 2021.
UH, ALSO THE HOTEL FUND TRANSFERS MONEY TO THIS FUND, UH, FOR TOURISM, UH, THAT, THAT TRANSFER HAD BEEN, UH, $764,000 GOING TO BE 2020 BUDGET.
UH, WE HAD REDUCED THAT, UM, AS FAR AS THE ESTIMATED AMOUNT GOES FOR FISCAL YEAR 2020 DOWN TO 300 HALF OF THAT 384,000.
AND IN THE FISCAL YEAR 2021, UH, PROPOSED BUDGET THAT ARE ANTICIPATING, UH, JUST THE $384,000 TRANSFERRED OVER TO THE ECONOMIC DEVELOPMENT FUND.
UH, PARTIALLY BECAUSE ONE, THE HOTEL FUND IS, IS STRUGGLING TO, UM, THE HOTEL FUND IS TRANSFERRED, UH, DOLLARS FOR TOURISM AND THE AMOUNT OF ABOUT $400,000 OVER THE PAST FIVE YEARS THAT HAVE NOT BEEN EXPENDED YET IN THE ECONOMIC DEVELOPMENT FUND.
SO WE'LL ALLOW THEM TO EXPEND THOSE FUNDS AND ALLOWS US TO TELL FUND TO, UH, TO CATCH UP, UH, OVERALL THERE.
SO THAT'S REALLY THE REASON WHY THE REVENUES OF $1.6 MILLION, UH, ARE EXCEEDED BY THE EXPENDITURES OF $2 MILLION.
THAT'S BECAUSE WE'RE ONLY DOING HALF THE TRANSFER.
UH, AS FAR AS FROM THE HOTEL FUND, UH, TOURISM ACTIVITIES ON THE EXPENDITURE SIDE, UH, INCENTIVES ARE ABOUT $0.1 MILLION.
UH, OPERATIONS ARE $1 MILLION AND THEN TOURISM IS, UH, ABOUT $800,000, WHICH MAKES UP THAT, UH, THAT ANY QUESTIONS ABOUT ECONOMIC DEVELOPER, THAT'S WHAT WE'LL END UP.
I JUST WONDER EVERY YEAR, UH, WE MAY OFFER SOME TO SEND YOU TO COME EITHER RENEW THE LEASE AND THE ADDISON MORE OR LESS, A HUNDRED OR 200,000 EVER.
THE, UH, WE ALREADY COLLECTED BECAUSE OF WE SET UP SOME COMPETITION FOR THEM TO MEET.
SO I JUST WONDER WHETHER THEY COLLECT IT.
THEY DO, UH, THE MO THE LARGEST, UH, THE ECONOMIC DEVELOPMENT GRANT THAT'S COLLECTED IS RELATED TO VILLAGE ON THE PARKWAY.
ALL OF OUR ECONOMIC DEVELOPMENT INCENTIVE AGREEMENTS ARE PERFORMANCE BASED.
SO THEY HAVE TO MEET CERTAIN CRITERIA IN ORDER TO BE ELIGIBLE FOR, TO, TO RECEIVE IT.
AND ON AN ANNUAL BASIS, WE, WE, WE BUDGET THE FULL AMOUNT OF WHAT WE WOULD HAVE TO PAY THAT YEAR UNDER THE TERMS OF THE AGREEMENT.
BUT THERE ARE INSTANCES WHERE VILLAGE ON THE PARKWAY IS DOING A GOOD JOB OF MEETING THOSE LATTER, BUT THERE ARE OTHER, THERE ARE, THERE HAVE BEEN TIMES, FOR EXAMPLE,
[02:20:01]
I THINK IT WAS, UM, THE MATRIX, UH, NOT MATRIX.UM, IT STARTS WITH AN N ORLANDO, ARE YOU ON THE PHONE? UH, WHAT WAS THE NAME OF THE COMPANY THAT, UH, DID NOT, UH, PERFORM AND JUST ESSENTIALLY TOLD US THEY WOULD NOT EAT PERFORMING? YOU REMEMBERED.
UH, THIS PAST YEAR WE HAD A FEW OF THEM.
ONE OF THE THINGS, YOU MENTIONED, ONES THAT HASN'T
SO THEY DID NOT QUALIFY FOR, UH, ANY OTHER INCENTIVE PAYMENTS SO FAR.
THE MOVIE THAT WE'VE GOT, THE 500 CAVES WE'VE GOT SMALL BUSINESS INCENTIVES JUST DOESN'T SHOW UP IN INDIA, CORRECT.
IT WOULD BE IN OUR GRANTS PLAN SINCE IT'S A GRANT AND IT WOULD BE IN FISCAL YEAR 20.
ON TO INTERNAL SERVICE FUNDS THAT WE HAVE, WE HAVE TWO, THE FIRST ONE, THE INFORMATION TECHNOLOGY EQUIPMENT REPLACEMENT FUND IN FISCAL YEAR 2021, THERE ARE 1.6, $5 MILLION PROPOSED AS FAR AS PURCHASES, UH, UPGRADING NETWORK EQUIPMENT, INCLUDING SOFTWARE AND HARDWARE, $700,000 UPGRADING MONITORING CAMERAS AT THE ATHLETIC CLUB, ADDISON CIRCLE PARK, UH, POLICE DEPARTMENT, FUEL FARM AND TREE HOUSE, UH, $370,000 THAT REPLACING MOBILE DEVICE COMPUTERS $260,000 UPGRADING AND REPLACING IN CAR VIDEO AND BODY CAMERA SYSTEM OF $250,000, UH, GPS DEVICES, $10,000, AND THEN A FINAL PAYMENT ON TASERS OF $60,000.
SO HOW MANY QUESTIONS ABOUT
YOU'RE THE ONE THEY WERE ASKING ABOUT.
YEAH, SO, SO WHAT'S THE RELATIONSHIP BETWEEN THE $370,000 PRICE OPERATING MONITORING CAMERAS AND THE NEXT SPACE OF THE LPR PROJECT, LPR EXPANSION.
TALK TO ME ABOUT HOW THOSE TWO RELATE TO EACH OTHER.
I SORT OF NEED, THESE ARE THE EXISTING SECURITY CAMERA THAT WE HAVE ON DOORS AREA AND ADDISON CIRCLE, PARK PD FUELED FARM AT CHICHA.
HOWEVER, AFTER WE GET DOWN THE ROAD FROM THE MAYOR AND COUNCIL FOR THE EXTENSION OF THE OPTICAL CAMERA, WE'RE GOING TO CONSOLIDATE ALL OF THESE INTO ONE PROJECT.
RIGHT NOW WE HAVE FIVE, SIX DIFFERENT VENDORS WITH SEVEN DIFFERENT PLATFORMS TO MANAGE ALL OF THESE BUILDINGS.
MY GOAL IS THAT WHEN WE APPROVE A PR OBSTACLE CAMERA FOR AN EXPANSION TO THE CITY, WE'RE GOING TO CONSOLIDATE ALL OF THESE UNDER ONE PLATFORM.
AND THESE ARE PARTS THAT ARE SEPARATE FROM THAT ONE.
THE OTHER INTERFERENCE INTERNAL SERVICE FUND IS THE CAPITAL EQUIPMENT REPLACEMENT FUND, UH, FOR FISCAL YEAR.
UM, THIS PER YEAR, UM, THE POLICE DEPARTMENT IS PROPOSING TO PURCHASE A FORD F ONE F THREE 50 TRUCK.
UH, THE FIRE DEPARTMENT HAS A FRAZIER AMBULANCE.
UH, THE FIRE DEPARTMENT ALSO HAS A FORD FREE, UH, EVERY 50, UH, FOR, UH, KALYAN, UH, FIRE DEPARTMENT ALSO HAS FOUR STRIKER, CARDIAC MONITORS.
UH, THE PARKS DEPARTMENT, UH, HAS THREE FORD F150.
UM, THE PARKS DEPARTMENT ALSO AS A FORD F150.
AND THEN THE PARKS DEPARTMENT HAS TWO JOHN DEERE GATORS AND THEN TREATS DEPARTMENT AS A FORD F150, AND THEN A FORD F SEVEN 50, AND THEN THE AIRPORT FUND HAS A ATTITUDE, 51 AMBULANCE.
UH, THE AIRPORT ALSO HAS A FORT EVERY 50, UH, TO GRASSHOPPERS.
AND THEN PUBLIC WORKS HAS A THREE FORD AT THREE 50.
[02:25:01]
ABOUT INTERNAL SERVICE FUND? I HAVE ONE QUESTION EVERY TIME HE WOULD BUY THE NEW CAR WITH THE EQUIPMENT, THE OLD EQUIVALENTS, AND YOU OWN A CAR AUCTION OUT BATTELLE OR WHATEVER.THEY SEE THE PROCEED WHERE THE MONEY ALLOCATED.
IT GOES INTO THE EQUIPMENT, REPLACE ALL THAT, A LOT OF DEPOSIT IS THAT, CAN YOU TELL US WHAT THAT SEVEN 50 AERIAL BODY? $200,000? YEAH.
WE'VE GOT BANNERS THAT HANG OVER THE BELTLINE ROAD.
WE'VE GOT A BUCKET TRUCK THAT BASICALLY, SO IT'S REPLACING THE BUCKET TRUCK.
OH, WELL, BY THE WAY, WE'RE GOING TO DO SOMETHING SPECIAL OR ASSIGNED TO REPLACE THE SPENDERS.
THAT'S WHERE WE'RE STUDYING THAT RIGHT NOW.
SO YOU MENTIONED THIS, YOU KNOW, OKAY.
AND THEN MOVING ON TO ENTERPRISE FUNDS, UH, STARTING WITH THE, UH, UTILITY OPERATING FUND, UH, THIS IS THE FUND THAT, UH, PROVIDES WATER AND WASTEWATER OUR SERVICES TO RESIDENTS BUSINESSES.
UH, THE TOTAL REVENUE, UH, FOR FISCAL YEAR 2021 IS PRE PROPOSED AT $14 MILLION.
THAT'S AN INCREASE OF ABOUT $0.9 MILLION, WHICH IS DUE TO, UH, THE PROPOSED A 6% INCREASE IN WATER AND WASTEWATER CHARGES, UH, PER THE APPROVED RATE STUDY, UH, ON THE EXPENDITURE SIDE, UM, A $13.1 MILLION BUDGET WAS IN FISCAL YEAR 20, 2013 $0.9 MILLION BECAUSE WE ARE 2021.
UH, THE MAIN CHANGE THERE IS RELATED TO OUR COST OF PURCHASING WATER AND PURCHASING, UH, WASTEWATER SERVICES AND TREATMENT.
SO IN TOTAL, OUR WATER SALES ARE PROJECTED AT $7.5 MILLION FOR FISCAL YEAR 21.
UH, THE MAP THAT WE ANTICIPATE TO PAY FOR THOSE WATER PURCHASES ARE $3.7 MILLION ON THE WASTEWATER SIDE THAT WE ANTICIPATE OUR REVENUE TO BE $6.3 MILLION AND OUR COST OF TREATMENT, AND $3.7 MILLION.
IN ADDITION, ON THE EXPENDITURE SIDE, WE HAVE $5 MILLION FOR THE OPERATION OF OUR SYSTEM AND THEN ONE AND A HALF MILLION DOLLARS FOR DEATHS, UH, UTILITY FUND FUND BALANCE, UH, WITHIN FISCAL YEAR, UM, 2019.
UH, ONE OF THE THINGS THAT IT WAS INCLUDED IN THE PROPOSED BUDGET WAS, UM, THE FISCAL YEAR 2020 BUDGET, UH, HAD A BEGINNING FUND BALANCE, UH, THAT WAS, UH, JUST, JUST MISSTATED.
SO WE WENT BACK AND WE, WE CORRECTED THAT, UH, PREVIOUS FUND BALANCES WERE INCLUDING SOME, UH, BOND PROCEEDS FROM PRIOR YEARS.
UH, SO BOND PROCEEDS, AREN'T, AREN'T USED FOR, UH, FUNDING, THE OPERATIONS OF UTILITY FUND.
THEY'RE ONLY USED TO FUND, UH, THE SPECIFIC IMPROVEMENTS THAT THEY WERE ISSUED.
SO WE CORRECTED THE WORKING CAPITAL FUND BALANCE NUMBERS, SO THAT THOSE WERE MORE ACCURATELY REFLECTED GOING FORWARD.
SO WE CORRECTED THAT FOR OUR BEGINNING AMOUNT IN FISCAL YEAR 2019.
UM, SO WHEN WE RAN THAT THROUGH THE FISCAL YEAR 2019 AT ENDING WORKING CAPITAL PERCENTAGE WAS 53 POINTS, THE 4% IN THE FISCAL YEAR, 2020, OUR ESTIMATE, UH, OUR, WE HAVE AN OPERATING SURPLUS OF ABOUT $200,000.
HOWEVER, WE'RE SPENDING ABOUT $1.5 MILLION ON THE CASH FUNDING OF CAPITAL PROJECTS.
SO THAT BRINGS OUR WORKING CAPITAL PERCENTAGE DOWN TO ABOUT 37.8%.
AND THEN WITHIN THE, EXCUSE ME, IN THE FISCAL YEAR 2021 BUDGET, UH, THERE IS A SLIGHT DECREASE PRIESTS THERE, AND THE ENDING WORKING CAPITAL PERCENTAGE IS ANTICIPATED TO BE ABOUT 32.6%.
WHAT WAS IT THAT TRIGGERED THAT, THAT REVIEW? UM, WELL, I DON'T WANT TO GIVE MYSELF TOO MUCH CREDIT NOW WHAT I LOOKED AT.
SO, SO WHEN WE DO, WHEN WE DO OUR FIVE-YEAR, UH, OR A LONG RUN AND YOUR FINANCIAL PLAN, YOU HAVE TO START WITH THE BEGINNING NUMBER.
SO ONE OF THE THINGS ON THE PROPRIETARY FUNDS IS THEY DON'T HAVE A FUN BALANCE IT'S REPORTED IN OUR FINANCIAL STATEMENTS.
SO YOU REALLY HAVE TO RECONCILE TO THAT NUMBER, AND IT SHOULD BE JUST IT'S REALLY OUR
[02:30:01]
CURRENT LIABILITIES MINUS OUR CURRENT OR CURRENT ASSETS MINUS CURRENT LIABILITIES.UM, SO WHEN I WAS LOOKING AT THAT, IT JUST WAS COMPLETELY OFF FROM WHAT WAS STATED PREVIOUSLY.
SO GOING BACK TO THE OLDEST BUDGET THAT WAS ON OUR WEBSITE, WHICH IS VERY OLD, IT WAS JUST THE PRACTICE TO INCLUDE THE BOND PROCEEDS AND THE WORKERS, THE CAPITAL.
SO, UH, WE JUST EXCLUDED THOSE, UH, AS FAR AS THE OPERATING PLAN, SINCE THEY CAN'T BE USED TO FUND THE ONGOING OPERATION ANYWAY, THEY SHOULDN'T BE THAT REFLECTED TO DO SO, UH, WATER AND SEWER RATE.
AND JUST SO AGAIN, UH, THE BUDGET DOES INCLUDE A 6% PROPOSED INCREASE ON THE WATER AND SEWER RATES CHARGES, UH, WHICH IS, UH, PART OF THE, UH, CRUDE, UH, RATE MODEL, UM, EXISTING, UH, CONSUMERS THAT ARE, UH, FIVE, 5,000 GALLON, UH, PER MONTH CUSTOMERS, WATER AND SEWER PAYING ABOUT $56 AND 33 CENTS UNDER THE NEW RATE, UH, ABOUT 1550 $9 AND 71 CENTS.
SO ABOUT A $3 AND 38 CENTS INCREASE.
IF YOU'RE AN 8,000 GALLON CUSTOMER, YOU'RE CURRENTLY PAYING ABOUT $82 AND EIGHT 82 CENTS.
UM, THE NEW RATE IS ABOUT $87 AND 79 CENTS.
SO ABOUT, UH, FOUR, $4 AND 97 PER CENT INCREASE PER 10,000 GALLONS, UH, EXISTING CUSTOMERS ARE SPENDING A HUNDRED DOLLARS AND 48 CENTS.
AND UNDER THE PROPOSED RATES WOULD SPEND $106 AND 51 CENTS AN INCREASE.
UH, THESE ARE OUR UTILITY RATES AND OUR COMPARISON CITIES.
AND, UH, JUST, JUST NOTING THAT OUR RATE IS THE PROPOSED RATE.
THE OTHER CITIES RATES ARE THERE CURRENT FISCAL YEAR, 2020 RATES.
SO IF THEY HAVE INCREASES PLAN AND IT WOULD, IT WOULD BE EXCEEDED.
I THINK THESE RATES, UM, WE ARE ONE OF THE LOWER, UM, UH, SERVICE PROVIDERS, LOWEST COST SERVICE PROVIDERS, UH, WITH REGARDS TO OUR COMPARISON CITIES, UM, WE'RE BELOW THE MEDIAN AND THE MEAN COST FOR THE, FOR THE SAME AMOUNT OF SERVICES, UH, WHICH, UH, IN THIS DEPICTION IS, UH, 5,000 GALLONS OF, UH, RESIDENTIAL WATER AND THEN 5,000 GALLONS OF RESIDENCE.
UH, THESE ARE THE UTILITY RATES FOR CITIES IN DALLAS COUNTY.
AND AGAIN, THESE ARE, UH, FOR FISCAL YEAR 21 ARE, UH, THE PROPOSED NUMBERS FOR ADDISON AND FOR THE OTHER CITIES, THESE ARE THEIR CURRENT RATES.
SO AGAIN, IF THEY WERE INTRODUCING A RATE INCREASE, IT WOULD BE AN INCREASE OVER WHAT IS DEPICTED HERE.
AGAIN, ADDISON IS IN THE LOWER SECTION COMPARED TO THE OTHER CITIES, UH, AND ALSO SIGNIFICANTLY ANY QUESTIONS ABOUT THE UTILITY FUND, NOT A QUESTION.
MY PERCEPTION IS THAT THE PREVIOUS STUDY THAT WAS DONE, WE APPEAR TO BE RIGHT ON IT IN GOOD SHAPE.
IS THAT ALSO YOUR PERCEPTION? IT IS.
UH, THE ONLY THING THAT I'VE NOTICED IS THAT THE COST OF SEWER TREATMENT, UH, HAS BEEN MORE THAN, THAN WHAT WAS, UH, IN THE RATE STUDY.
UM, BUT THE COST OF WATER PURCHASE HAS BEEN LESS.
SO, UM, WE WE'VE RIGHT SIZED THAT MORE IN THIS BUDGET, SO THAT WE'RE APPROPRIATE FOR THE SEWER TREATMENT COSTS.
UH, BUT OTHER THAN THAT, THERE'S, YOU KNOW, IT'S, IT'S BEEN PRETTY, LIKE IT GOES ANOTHER YEAR OR TWO, RIGHT? I BELIEVE IT GOES THROUGH
SO WE BUY WATER, DOES WATER UTILITY.
THEN WE NEED TO HAVE A STAFF TO MANAGE THAT IN A WAY, HAVE TO HAVE THE BASIC WATER TOWER ON THE GROUND FACILITY.
AS A MATTER OF FACT, I KNOW, BUT STILL THAT KIND WE ARE DOING BETTER THAN JUST ON THE SEAT.
WE'VE BEEN ABLE TO ADJUST MAKING ADJUSTMENTS WITHIN THE COMPANY.
AND THE RATES THAT HE IS SCHEDULED TO GO UP THROUGH 20 FISCAL YEAR 2020,
[02:35:03]
WE HAVE A SENSE OF HOW OUR TOP FIVE USERS ARE DOING DURING THIS TRANSITION.UH, AS FAR AS OUR TOP FIVE WATER AND SEWER CUSTOMERS, UH, I COULD GET THAT DATA FOR YOU WE'LL HAVE CONSUMER COMMERCIAL COMMERCIAL.
WELL, WHAT I CAN TELL YOU IS WHAT I'VE GOT IS THE AGGREGATE DATA.
AND WHAT WE HAVE SEEN IS OUR SMALL COMMERCIAL CUSTOMERS, WHICH ARE MOSTLY OUR RESTAURANTS.
WE HAVE SEEN A DECREASE THERE.
UM, UH, OUR MULTIFAMILY, UH, WHICH I GUESS, IS MORE PEOPLE BEING HOME OR, OR SOMETHING, UH, HAS SEEN A PRETTY SIGNIFICANT INCREASE, WHICH IS OFFSET THE SMALL COMMERCIAL, UH, HOWEVER, THE IRRIGATION METERS, BECAUSE IT'S BEEN A DRIER SUMMER, WE'VE SEEN SIGNIFICANTLY MORE REVENUE ON THE WATERSIDE FROM IRRIGATION.
YOU KNOW, EVERYBODY WANTED TO CONSERVATION WATER CONSERVATION, THEN EVERY CITY CRY BECAUSE THEY DON'T HAVE REVENUE, THEY HAVE TO PAY ALL THE BIG CLOTH IS INTERESTED IN THAT.
YEAH, I CAN, I CAN GET THAT DATA, I THINK, UH, AND I'M NOT SURE, UM, YOU KNOW, SOME, SOME OF, SOME OF THE METERS WE HAVE DURING THE SUMMER MONTHS, MAYBE YOUR IRRIGATION METERS, AS FAR AS OUR TOP FIVE OR TOP FIVE CUSTOMERS.
SO OUR IRRIGATION METERS ARE GENERATING SIGNIFICANTLY MORE REVENUE THAN, THAN ANY OF OUR OTHER CUSTOMERS.
SO, YEAH, I ASKED BECAUSE I RECALL THERE WAS A PREVIOUS MEETINGS.
ONE OF THE QUESTIONS POSED BY COUNCIL WAS WHO WERE AT THE TOP LINE, I THINK PROBABLY GOOD YARD.
MOVING ON TO THE STORMWATER OPERATING FUND, THIS FUND GETS IT TO BE FROM A, OR GETS ITS REVENUE FROM A FEE IS CHARGED ON IMPERVIOUS SURFACE TO RESIDENTS AND BUSINESSES.
UM, IN FISCAL YEAR 2021, THE PROPOSED REVENUE BUDGET IS $2.5 MILLION OF THAT.
2.4 OF THAT COMES FROM THE DRAINAGE FEE.
THE REST COMES FROM, UH, INTEREST AND SOME OTHER MISCELLANEOUS INCOME.
UH, THE, ON THE EXPENDITURE SIDE, UH, TOTAL EXPENSES ARE $1.3 MILLION.
UH, SO THERE IS A, A POSITIVE VARIANCE THERE OF ABOUT $1.2 MILLION.
UM, AS FAR AS, UH, REVENUES WERE OPERATING EXPENSES, UH, THOSE OPERATING EXPENSES ARE FOR OPERATIONS.
SO THERE IS ONE, UH, ONE DRAINAGE CREW, UH, I THINK THERE'S FOUR TOTAL FTES AND THAT W THAT, UH, BUTTON, AND THEN THERE'S ALSO A DEBT SERVICE PAYMENT, UH, HALF ABOUT HALF A MILLION DOLLARS, UH, STORMWATER RATES FOR FISCAL YEAR 2021.
UH, THIS IS PART OF, UH, A RATE MODEL THAT I BELIEVE EXTENDS THROUGH FISCAL YEAR 2022, THE STORMWATER RATES.
SO THERE IS A SLIGHT INCREASES PROPOSED AS FAR AS OUR RESIDENTIAL AND NON RESIDENTIAL CUSTOMERS.
ANY QUESTIONS ABOUT THE DRAINAGE? WELL, THERE IS, THERE'S A HUGE FUND BALANCE, BUT I THINK I RECALL THAT IT'S PROJECTS COMING UP THERE, THERE IS, AND THERE'S SOME PRETTY SIGNIFICANT CASH FUNDED PROJECTS COMING UP THAT ARE, THAT ARE PLAYING IN THE CAPITAL IMPROVEMENT PROGRAM.
UM, BUT YES, THERE IS A PRETTY LARGE RESERVE.
IS THAT WHY? BECAUSE WE'VE GOT SOME MAJOR PROJECTS, WE DO MAJOR PROJECTS.
UM, I THINK THERE'S SOME POTENTIAL PROJECTS THAT COULD OCCUR THAT, THAT HAVE NOT MAYBE COME TO FRUITION ENOUGH TO BE BEING THE CAPITAL IMPROVEMENT PLAN, BUT COULD BE.
UM, SO THERE ARE, THERE ARE SOME NARRATIVE, IT WAS THE HUNDRED YEAR NOW KNOW THE TOWN, THE TOWN, UH, HAS BEEN DISCUSSIONS WITH MARY KAY FOR SEVERAL AND WAY BEFORE I GOT HERE, UH, TO TALK ABOUT STORMWATER IMPROVEMENTS AROUND THEIR PROPERTY ON THE, I GUESS IT'S THE WEST SIDE OF THEIR PROPERTY.
SO WE'RE KIND OF WAITING TO SEE HOW THAT HAPPENS OR WHAT HAPPENS WITH THAT.
THE OTHER THING IS, IS AS WE TALK ABOUT KIND OF, AND THIS IS AGAIN, REMINDING EVERYBODY TO TAKE THE LONG VIEW AS WE TALK ABOUT HOW KIND OF TANGENT HERE, I APOLOGIZE, BUT SAY WE WE'VE BUILT OUR BET
[02:40:01]
MODEL FOR THE NEXT YEAR, SEVERAL YEARS, OVER CERTAIN ASSUMPTIONS ON OUR PROPERTY, VALUATIONS, THOSE PROPERTY EVALUATIONS COME IN DIFFERENT THAN THAT IMPACTS THAT THE CAPACITY WE HAVE TO, TO FUND OUR DEBT, IF WE NEED TO DO THINGS LIKE SUPPLANT BACK PASS, THEN IF WE'RE DOING A STREET PROJECT, WHAT A GOOD PLACE TO SUPPLY IT, THAT WOULD BE FOR EXAMPLE, FUNDING PART OF THE DEBT SERVICE OUT OF THE STORMWATER FUND IN ORDER TO BE ABLE TO, TO, TO MAKE UP THAT CAPACITY SHORTFALL.SO THAT'S PART OF WHAT WE'RE THINKING ABOUT HERE, AS WELL AS LONGTERM IS WE NEED TO BE ABLE TO DO SOMETHING LIKE THAT.
WE HAVE THE ABILITY TO DO IT AND STILL KEEP THAT FINANCIAL ARC, OUR DEBT SERVICE PLAN OVER THE NEXT 10 YEARS.
SO BEYOND THE STORM WATER CAN BE, IT, IT CAN.
SO, SO ANY TIME, YOU KNOW, A LOT OF TIMES WHEN WE'RE DOING A STREET RECONSTRUCTION THAT WE'RE RECONSTRUCTING THE AS SO, YOU KNOW, IT CAN BE CASH FUNDED FROM THIS BUTTON WHERE YOU COULD, YOU KNOW, AS PART OF THE SUBSIDIZED BOND PROGRAM WITH THE PORTION THAT'S BEING PAID TO FUND THOSE STORMWATER.
BECAUSE SOMEWHERE IN THERE, MAYBE IN THE CIP MATERIALS WHERE IT'S TALKING ABOUT THE ATLANTA COMMUNITY, THE NUMBER OF, I GUESS, IT'S AREAS THAT MIGHT BE REGION, IT MENTIONED DON'T SNORE, AND THEN THERE'S TWO OR THREE, MAYBE CONFUSING THEM WITH THIS.
BUT WE, I THINK, UH, THE, THE DRAINAGE PROJECT THAT GOES NORTH, I BELIEVE IT FUNDED OUT OF HERE, CORRECT.
THAT ONE I, A PIECE OF IT MAY HAVE BEEN, AND THEN WE STILL HAVE SOME BOND FUNDS.
SO WE STILL HAVE SOME 20, 2013 BONDS THAT RATIO PROJECTS THAT WE HAVE PARENTS, SMALL AMOUNTS, I BELIEVE THAT IS STILL EXISTING TO THAT.
I WAS JUST INTERESTED IN, BECAUSE THERE IS A BASEMENT.
WE HAVE SEVERAL, I MEAN, A VARIETY OF WE'VE DONE ASSESSMENT, STORMWATER ASSESSMENTS OF OUR STORM WATER RATES.
AND THERE ARE IMPROVEMENTS ASSOCIATED WITH SOME OF THOSE RESPECTIVE JASON'S THINGS.
THOSE ARE THE BIG, I MEAN THIS YEAR IS $2.7 MILLION NEXT YEAR.
IT'S 1000001.6, BUT YOU'RE OUT OF THAT.
SO THOSE ARE ALL THAT WILL BE ENOUGH.
MOVING ON TO THE AIRPORT FUND, UH, THE AIRPORT FUND, UH, FISCAL YEAR 2021, ANTICIPATING REVENUE OF $5.2 MILLION IN EXPENSES OF $5 MILLION FOR A POSITIVE VARIANCE OF ABOUT $200,000.
UH, THE FUNDING SOURCES, UH, FOR THE AIRPORTS REVENUE SERVICE FEES, MAINLY FUEL FLOW HBS, THE CUSTOMS FEES THAT WERE, UH, PROPOSED AS A DECISION PACKAGE OR PART OF THE SERVICE FEES LISTED HERE.
UH, THE GROUND LEASES ARE A SLIGHT REDUCTION FROM, UH, WHAT WAS BUDGET IN FISCAL YEAR 2020.
WE HAVE A PRETTY SIGNIFICANT REDUCTION ON THE SERVICE FEES BECAUSE FUEL FLOW HAS GONE DOWN FAIRLY SIGNIFICANTLY, UH, ON THE EXPENDITURE ON THE EXPENSE SIDE, UH, THE CHANGE FROM HAVING CONTRACT, UH, FUNDED, UH, OPERATIONS AND ADMINISTRATION AT THE AIRPORT TO HAVING THOSE, UH, BE STAFF PERSONNEL, UH, IS A PRETTY SIGNIFICANT REDUCTION IN TOTAL EXPENSE.
SO THAT'S, THAT'S THE MAIN REASON BEHIND THE OPERATING EXPENSE REDUCTION.
AND THEN THERE'S ALSO DEBT SERVICE, UH, $0.8 MILLION AS FAR AS EXPENSES.
ANY QUESTIONS ABOUT THE AIRPORT FUND MOVING ON TO THE CAPITAL IMPROVEMENT PROGRAM BUDGET? UM, SO HERE IS A LIST OF ALL OF THE FUNDS THAT ARE BEING USED TO FUND THE CAPITAL IMPROVEMENT PROJECTS.
UH, THE MAJORITY OF THESE ARE COMING FROM GENERAL OBLIGATION AND CERTIFICATE OF OBLIGATION BONDS.
UM, $26.1 MILLION IS THE PROPOSED FISCAL YEAR 2021, UH,
[02:45:01]
BUDGET FROM THOSE SOURCES.UH, THE OTHER MAJOR SOURCES ARE A UTILITY CERTIFICATES OF OBLIGATION, WHICH WERE ISSUED IN, UH, I BELIEVE 2018, UH, UTILIZING THOSE FUNDS, UH, $4.8 MILLION ANTICIPATED TO BE SPENT IN FISCAL YEAR 21.
UH, HERE, DO YOU SEE THE STORM WATER FUND CASH RESERVES ANTICIPATING DRAWING DOWN THEIR WORKING CAPITAL BY $2.2 MILLION? UH, THE OTHER MAJOR, UM, UH, EX EXPENSE IS COMING FROM AIRPORT FUND CASH RESERVE, WHICH IS AT $2.0 MILLION.
AND THAT THAT'S REALLY PUT A FINISH AT THE CUSTOMER'S FACILITY.
SO IN TOTAL, UH, FOR THE FISCAL YEAR 2021 BUDGET, A CAPITAL IMPROVEMENT BUDGET IS A TOTAL OF $37.2 MILLION.
AND THAT OVER THE FIVE YEAR CAPITAL IMPROVEMENT PLAN IS A TOTAL CAPITAL IMPROVEMENT PLAN, UH, 168.7 HOURS.
UH, SO INTO THE DETAILED PROJECTS, WHAT IS FUNDED FROM THE GENERAL OBLIGATION CERTIFICATE OF OBSERVATION PROJECTS? SO WE HAVE, UH, FOUR DIFFERENT PERUVIAN PROJECTS.
UM, THE TRIVIAL DEVELOPMENT PHASE FIVE, UH, THERE IS A VITRUVIAN WATER RIGHTS PERMIT, UH, THERE'S VITRUVIAN DEVELOPMENT PHASE EIGHT, WHICH THAT THAT PIECE SHOULD BE, UH, PLEADED, UH, THERE'S VITRUVIAN DEVELOPMENT.
NEXT PHASE THAT'S WHERE, UH, THE ANTICIPATED EXPENDITURES FOR RETRIEVING WOULD COME FROM, UH, GOING FORWARD IN THE CONTINUATION OF THIS FISCAL YEAR AND THEN TO FISCAL YEAR 21, UH, BELTLINE ROAD PHASE 1.5.
UH, THERE IS A $2.2 MILLION THERE AS SHOWN FOR THAT.
WE HAVE A COUPLE OF PEDESTRIAN CONNECTIVITY ITEMS, PEDESTRIAN CONNECTIVITY, QUORUM.
UH, THAT ITEM HAS BEEN MOVED OUT TO FISCAL YEAR 2024, BECAUSE THERE IS A ROAD RECONSTRUCTION PROJECT.
IT WAS JUST APPROVED AS PART OF THE BOND PROGRAM, UH, VOTE IN 2019, WHICH WOULD BE BEST TO INCLUDE THIS ITEM AS, AS, UH, WITH THAT BID AND DO THAT, DO THOSE IN TANDEM, GET SOME ECONOMIES OF SCALE WITH REGARDS TO THAT PROJECT, UH, PEDESTRIAN CONNECTIVITY FOR THE COTTON BELT, SILVER LINE.
UH, THIS IS A PROJECT WITH, UH, I BELIEVE THAT THIS ONE IS, UM, WE'RE BASICALLY PAYING, I THINK THAT MOST CENTRAL TEXAS COUNCIL OF GOVERNMENTS, AND THEY'RE DOING THE CONSTRUCTION ON THIS PROJECT.
UH, THERE'S UH, THE FINISH OUT OF THE POLICE RECORDS MANAGEMENT SYSTEM.
UH, THE LICENSE PLATE RECOGNITION SYSTEM IS PROPOSED TO BE COMPLETED SPEAR 21.
AND THEN WE ADD THE BIG PROJECT IS MIDWAY ROAD RECONSTRUCTION, WHICH TODAY WE SPENT ABOUT $3 MILLION, UH, THROUGH FISCAL YEAR 20 WE'RE ANTICIPATING ABOUT $6 MILLION BEING SPENT.
AND THEN IN FISCAL YEAR 21, UH, BEGINNING CONSTRUCTION AND THAT CONSTRUCTION CONSTRUCTION PROJECT, AND THE 1.38 MILLION FOR LICENSE PLATE RECOGNITION, THAT WOULD BE THE EXPANSION OF THAT SYSTEM AND THE OTHER OPTICAL CAMERAS.
WE BUDGETED THE TOTAL AMOUNT REMAINING IN BOTTOMS FOR ORDINANCE.
IT MAY COST LESS MONEY, BUT THE EXPANSION, THEY COST LESS MONEY, BUT THOSE ARE THE ITEMS INCLUDED.
THAT'S THE MONEY TO COVER THAT EXPANSION, THAT OBSTACLE I FOUND LOOKING AT THIS CORRECTLY, THERE'S A YEAR AFTER THIS NEXT FISCAL YEAR.
THERE'S A BIG DROP OFF FROM VITRUVIAN RELATED CAPITAL IMPROVEMENT PROJECTS THAT IS THERE COULD THERE, THERE, THERE ARE SOME STUFF.
SO BASICALLY WHAT WE HAVE THERE IN FISCAL YEAR 21, THOSE ARE THE REMAINING BOND PROCEEDS THAT WE HAVE FOR VITRUVIAN.
SO IF THERE WAS SOMETHING IN EXCESS OF THAT, UH, IT WOULD NEED TO BE ISSUED IN ITSELF.
SO, SO TO CLARIFY, THOSE ARE THE RINGS.
THOSE ARE THE BOND FUNDS THAT WE'VE ALREADY ISSUED, RIGHT? THERE'S OUTSTANDING AUTHORIZATION, BOTH IN THE GENERAL OBLIGATION BONDS AND A COMMITMENT TO FUND THINGS THROUGH CEO BONDS THAT HAVE THAT, THAT STILL ARE OUTSTANDING, BUT WE WILL SCHEDULE THAT BASED ON WHATEVER HAPPENS WITH FURTHER DEVELOPMENT ON THAT WHEN WE MEET WITH THE TIME.
SO HOW MUCH, CAUSE WE USED FROM THE BEGINNING OF ALL OF THE TOTAL COMMITMENT, I CAN'T REMEMBER OUR TOTAL COMMITTED IS 40 MILLION PLUS 15 FIVE, BUT HOW MUCH WOULD HE GIVE? WE CAN FOLLOW UP WITH THAT'S WHAT I'M CURIOUS.
[02:50:09]
THIS, DO I HAVE MANY PROJECTS? I HAVE SO MUCH LAND, MAYBE EXISTING, OLD RUNDOWN ALMONDS IS DOING OPERATION IS HUGE.PROJECT IS MUCH BIGGER THAN I EXPECTED MARIJUANA.
DID YOU SAY THE TOTAL COMMITMENT WAS 40 MINUTES FIRST, 15 FIVE, THEN SEVEN.
WHAT STRUCK ME AS I NOTED, THIS IS A YEAR I'D LIKE TO SPEAK A LITTLE BIT ABOUT SOME COMMENTS, ABOUT A PEDESTRIAN CONNECTING ME COTTON SILVER LINE.
THEY ARE DISCUSSING HOW TO MOVE FORWARD WITH THE TRAIL, RIGHT? COSTS ARE TURNING OUT TO BE HIGHER THAN EXPECTED.
AND SO THEY ARE GOING THROUGH DISCUSSIONS OF HOW DO WE ADDRESS THAT? AND THAT'S ABOUT, AS FAR AS IT'S GONE, THERE'LL BE MEETINGS WITH EACH CITY IN PARTICULAR, ASHLEY CHARLESTON, OF COURSE, GLASSES ARE IN THE MIDDLE OF THAT TO FIGURE OUT WHAT IT WOULD ACTUALLY MEAN AS THEY GET NEW NUMBERS THAT THEY WORK THAT SORT OF SET THAT UP.
WE'LL BE HEARING MORE ABOUT IT.
IT IS, IS WHAT WE'RE LOOKING AT HERE.
IS THAT RELATED TO KIND OF IVAN'S EMAIL OR IS THAT SOMETHING TOTALLY SEPARATE OR KIND OF, I THINK, I KNOW IT SEEMS LIKE A LAST SECOND UPDATE RELATIVE TO OUR BUDGET TIME LAST, TRYING TO FIGURE OUT CHARLES YOU'RE ON THE PHONE.
AND HEARING CHARLES GLENN, COULD YOU TALK ABOUT WHEN WE TALKED ABOUT NEEDING A TEMP, THE MATCH WE WOULD NEED, AND THEN, UM, AND HOW THIS PERTAINS TO THAT? UH, THE COUNSELOR CALL THAT, UH, LAST YEAR WE ENTERED INTO AN AGREEMENT WITH DART, UH, TO PROVIDE THEM THE 300 AND ROUGHLY A THOUSAND DOLLARS.
AND THAT EQUATES TO OUR PORTION OF THE LOCAL MATCH.
UH, THERE WAS THE MAJORITY OF THE PROJECT BEING FUNDED THROUGH, UH, THE RTC AND COMM.
UH, SO THERE'S THE 20% MATCH THAT WE'RE SPLITTING THE DALLAS COUNTY.
SO THAT WORKED OUT THE REGROUP.
AND NOW, UM, WHEN WE ASKED THE ART, WHEN THEY WOULD NEED THAT MONEY, UH, THEY SAID IT WOULD BE AN FYI, UH, 21.
AND SO THAT'S WHY, UM, FOR THAT, UH, YEAR, UH, AGAIN, WE'RE STILL TRYING TO FIGURE OUT EXACTLY HOW MUCH TRAIL WE CAN BUY FOR MY MONEY.
SO, UM, HOW, HOW, HOW MUCH TRAIL THOSE MAY CHANGE, BUT OUR CONTRIBUTION AT THIS POINT AS AN, UH, THERE'S A NOTICE THAT'S NOT CHANGING.
UH, THE NEXT PROJECT AFTER MIDWAY ENLISTED IS THE BELT BINDING ELECTRONIC SIGNAGE.
UH, AGAIN, I BELIEVE IT WAS MENTIONED EARLIER THAT, UH, THE TOWN IS CURRENTLY EXPLORING, UH, COMPLETION OF THAT IN A WAY, A WAY FORWARD FOR THAT.
UH, AND THEN AFTER ABOUT BUYING ELECTRONIC SIGNAGE AT EVERY PROJECT, UH, LISTED AFTER THIS IS RELATED TO THE 2019 BOND ELECTION.
SO, UH, KELLER SPRINGS, RECONSTRUCTION, UH, WE DO HAVE AN ESTIMATE.
WE HAVE, WE HAVE ENGINEERING CONTRACTS IN PLACE FOR THAT AND FOR YOUR PARK AIRPORT PARKWAY RECONSTRUCTION, AND THEN WITH THE ANTICIPATION THAT CONSTRUCTION ON, UH, KELLER SPRINGS WOULD BEGIN IN FISCAL YEAR 21.
AND THEN FOR AIRPORT PARKWAY, UH, BACK CONSTRUCTION IS ANTICIPATED TO BEGIN IN FISCAL YEAR 2023.
UH, WE ALSO HAVE HVAC ROOF REPLACEMENTS, UH, SOME, UH, COSTS ASSOCIATED WITH THOSE, UH, IN THE CURRENT YEAR BUDGET.
AND THEN THOSE COSTS, UH, SOME OF THOSE IN FISCAL YEAR 21, AND THEN EXTENDING IT INTO FISCAL YEAR 22.
WE ALSO HAVE A LOCKER ROOM, UH, RECONFIGURATION GYM, AND TRACK IMPROVEMENTS, UH, POOL MODERNIZATION,
[02:55:01]
UH, THOSE PROJECTS, UH, THERE ARE PROFESSIONAL SERVICES ASSOCIATED WITH THOSE IN FISCAL YEAR, 2020 AND 21.AND THEN, UH, SOME OF THE CONSTRUCTION ON THOSE BEGINNING IN FISCAL YEAR 21, COMPLETING THE FISCAL YEAR 22, AND WE HAVE THE ADVANCED TRAFFIC MANAGEMENT SYSTEM, WHICH COUNCIL HAS APPROVED TO CONTRACT FOR AND ANTICIPATED TO BE EXPENSE THIS YEAR, FISCAL YEAR 21.
WE ALSO HAVE THE POLICE GUN RANGER FILTRATION SYSTEM THAT WE HAVE THE BEGINNING OF THE ADA IMPROVEMENTS, THOSE BEING, UH, READ IT OUT IN FISCAL YEAR 22.
UH, WE HAVE TRAIL REHAB EXPANSION AND WAYFINDING.
UH, SOME, SOME OF THOSE COSTS BEING IN FISCAL YEAR 21 AND JUST PUT YOUR 22 AND THEN, UH, THE NEXT THREE PROJECTS WARM YOUR EYES, UH, ANTICIPATE, UH, THE ENGINEERING COST FOR THAT IN FISCAL YEAR 22.
AND THEN CONSTRUCTION IS WE ARE 24 AND THEN MONTFORT DRIVE, UH, ENGINEERING COST FOR THAT AT THIS YEAR 23 CONSTRUCTION AND FISCAL YEAR 24, AND THEN THE, UH, LAY BOX POOL, UH, POD RECONSTRUCTION, UM, UH, BEGINNING, UH, WITH SOME PROFESSIONAL SERVICES AT FISCAL YEAR 22.
AND THAT PROJECT, UH, THE CONSTRUCTION FOR THAT IN DECEMBER 22, 23, UH, INFRASTRUCTURE INVESTMENT FUND, UH, CURRENTLY, UH, THERE'S A LIST OF PRIOR PROJECTS.
THERE'S NOTHING IN THE CURRENT BUDGET OR THE PROPOSED, UH, FIVE YEAR CAPITAL IMPROVEMENT PLAN OVERALL EXPENDITURES TO DATE FROM THAT FUND HAD BEEN ABOUT $1.06 MILLION, UTILITY CAPITAL CAPITAL PROJECTS, UH, UTILITY CAPITAL PROJECTS.
UH, THE FIRST PROJECT LISTED IS THE CELESTIAL GROUND STORAGE TANK REHABILITATION.
UH, CURRENTLY THERE'S SOME DESIGN COSTS, ENGINEERING COSTS ASSOCIATED WITH THAT, THAT ANTICIPATING COMPLETION OF THAT PROJECT.
AND JUST 21, WE HAVE TO KILL WEIGHTLIFT STATION REHAB AND REPAIR.
UH, AGAIN, UH, SOME CURRENT PRIOR HAS BEEN EXPENSIVE RELATED TO THAT COMPLETION AND FISCAL YEAR 21, AND THEN UTILITY PLANT FACILITIES AND PUMPS.
UH, THOSE ARE, UH, THEIR PROJECTIONS THERE FOR CURRENT YEAR.
AND THEN OUT THROUGH FISCAL YEAR 23, UH, WATER SYSTEM IMPROVEMENTS.
THESE ARE, THESE ARE WATERLINE REPLACEMENTS PRIMARILY, UM, UH, ABOUT, UH, $570,000 ESTIMATED FOR THE CURRENT YEAR.
AND THEN GOING FORWARD, WE HAVE A $1.4 MILLION, ESTIMATED IS FOR YOUR 21.
AND THEN OUT THROUGH FISCAL YEAR 22, 23 AND 24, UM, ANYWHERE FROM, UH, 770,000 UP TO ABOUT $1.4 MILLION PER YEAR, UH, THE TOURING BOOSTER STATION PROJECT, UH, WE HAVE, UH, UH, PROFESSIONAL SERVICES RELATED TO THAT, AND THEN COMPLETION OF THAT PROJECT, UH, IN FISCAL YEAR 21.
AND THEN WE ADD SANITARY SEWER LINE REPLACEMENT, UH, BEGINNING IN FISCAL YEAR 22, EXTENDING THROUGHOUT THE FIVE-YEAR CIP PLAN.
AND THEN WE HAVE THE BASE AND I SANITARY SEWER REROUTE, UH, WHICH, UH, IS PROGRAMMED HERE FOR THE CURRENT FISCAL YEAR 2020, UH, MAY NOT BE COMPLETED IN FISCAL YEAR 2020.
SO THERE COULD BE SOME EXPENDITURES THERE IN THIS YEAR, 2021.
ANY QUESTIONS ABOUT UTILITY CAPITAL PROJECT REROUTE, WE'RE HAVING CHALLENGES WITH THAT, OR BASICALLY GREW UP ON THE BASE AND I SEWER GROUT COUNSEL, SHANNON.
THEY EXPECT TO POPE COURTS IN NEW YORK SERVICES.
WE'RE NOT HAVING CHALLENGES WITH THAT PROJECT IT'S SCHEDULED TO BE COMPLETED, I THINK IN FEBRUARY OF 21.
SO IT IS ON SCHEDULE, BUT IT WILL TRANSCEND THIS BUDGET YEAR TO NEXT.
THAT'S A DEAD END DESIGN THAT'S CORRECT.
AND BOMBED US ON THAT PROJECT.
THE PROJECT COMPLETION DATE, THE SCHEDULE IS IN NEXT FISCAL YEAR.
THIS IS WHERE, YOU KNOW, THESE ARE PRIMARILY BEING FUNDED BY, UH, THAT THAT OPERATING SURPLUS THAT'S OCCURRING IN THE STORM WATER FUND, A STORM WATER, UH, BASE AND IMPROVEMENTS.
UM, CURRENT ESTIMATE, UH, 1.3, $5 MILLION FOR FISCAL YEAR 20, UH, GOING FORWARD INTO FISCAL YEAR 21, WE HAVE ABOUT $2.8 MILLION
[03:00:02]
PROPOSED FISCAL YEAR 22, ABOUT 1.6, $6 MILLION.AND THEN FISCAL YEAR 23, $1.2 MILLION, UH, PROPOSED, UH, FOR THE STORM WATER ASSESSMENT BASED ON IMPROVEMENTS.
UH, THE OTHER PROJECTS THEY ARE LISTED SHERLOCK, UH, WINTER PARK DRIVE IMPROVEMENTS AND VITRUVIAN VONDRA AGENDA, UH, ARE COMPLETE.
AND, AND ON THE, UH, THE 2.79 MILLION, IF WE ISOLATED THOSE PROJECTS.
TODD, GOOD EVENING, MAYOR COUNCIL TATOOINE AMHERST SYSTEM, DIRECTOR OF PUBLIC WORKS AND ENGINEERING SERVICES.
UH, MOST OF THAT FUND IS ESTIMATED BASED OFF HALF'S A STORMWATER MASTER PLAN, UH, AND THAT'S THE ANTICIPATED COST FOR DESIGN AND CONSTRUCTION OF THE, UH, PROPOSED RAWHIDE BASED IN IMPROVEMENTS, UH, WHICH IS IN THE LATE LOCKED BROOKWOOD OAK PARK AREA, GIVEN AN EXAMPLE PROJECTS WE'RE TALKING ABOUT.
SO IT'D BE BASED OFF LIKE MR. HUGH SAID EARLIER, BASED OFF OF THE MODELING, UH, MEETING OUR DESIGN STANDARDS OF A HUNDRED YEAR FLOOD PLAN.
UH, SO YOU KNOW, THAT 1% THAT WE'VE PREVIOUSLY TALKED ABOUT A 1% CHANCE OF A FLOOD HAPPENING, UH, EVERY YEAR FOR A HUNDRED YEARS.
SO WHEN WE TALKING ABOUT REROUTING, UH, STORM WATER LINE SIZING, IMPROVING, UH, UPGRADING OUR SYSTEM TO MEET THOSE REQUIREMENTS INLET, UNLESS UPSIZING RUNNING A SEWER MAINS PARALLEL TO EXISTING THINGS.
AND ARE WE, ARE WE, HAVE WE EXPERIENCED FLOODING OVER THERE? I'M NOT, NOT TO MY KNOWLEDGE THAT I THINK MOST OF THAT'S BASED OFF OF MODELING AND ENGINEERING JUDGMENT.
ONTO AIRPORT CAPITAL PROJECTS, THAT THE BIGGEST PROJECT HERE IS THE CUSTOMS FACILITY.
UH, WE ANTICIPATE MOST OF, MOST OF THAT PROJECT X EXPENSE OCCURRING IN THE CURRENT FISCAL YEAR.
AND THEN ABOUT $2.6 MILLION REMAINING IN FISCAL YEAR AT 2021 WITH COMPLETION OF THAT PROJECT, UH, BRAVO GOLF, TAXIWAY IMPROVEMENTS.
UH, THIS IS A, UM, I BELIEVE THIS ONE, THIS ONE IS PARTIALLY GRANT FUNDED.
UH, SO, UH, THE AMOUNT THERE THAT BEGINS IN FISCAL YEAR 21 IS FOR THE BEGINNING OF DESIGN, UH, WITH, UH, CONSTRUCTION ANTICIPATED WE'RE 23 DESIGN ACCESS AND SECURITY IMPROVEMENTS.
UH, THAT'S UH, ANTICIPATED BEGINNING IN FISCAL YEAR 23 COMPLETION AT 24, UH, RUNWAY 1533 REDESIGNATION AND TAXIWAY ALPHA.
UH, THIS ONE IS ONE THAT THEY, UH, A GRANT, UM, HAS BEEN AWARDED.
UH, THE FULL AMOUNT IS $1,475,000.
IT'S A, YOU KNOW, AS LONG AS, AS LONG AS THE COST OF THE PROJECT IS LESS THAN THAT, IT WOULD BE A HUNDRED PERCENT FUNDED, UH, AIRPORT WIDE WAYFINDING SIGNAGE.
THAT PROJECT IS, UH, IT'S OUT THERE.
AND JUST TWITTER, 2024, WE HAVE SEVERAL PROJECTS THAT ARE ESTIMATED TO BE COMPLETED IN THE CURRENT FISCAL YEAR.
WE HAVE THE EAST VEHICLE SERVICE ROAD, REALIGNMENT FUEL FARM EXIT LANE, UH, ENVIRONMENTAL SITE REMEDIATION, UH, FUEL ROAD RECONSTRUCTION AT GEORGE HATTAWAY.
AND THOSE PROJECTS ARE ALL THE ESTIMATED TO BE COMPLETED THIS WEEK, 2020.
AND THEN WE HAVE FACILITY REPAIRS AND IMPROVEMENTS.
THAT'S AN ONGOING, UH, CAPITAL WINE, UH, FOR, UH, ANY NEEDED, UH, FACILITY REPAIRS AND IMPROVEMENTS, AND THE SAME THING WITH THE ADA REPAIRS AND IMPROVEMENTS, SAME THING.
THAT'S AN ONGOING, UH, CAPITAL LINE FOR THOSE ITEMS. IN ADDITION TO THAT, WE HAVE THE AIRCRAFT RESCUE FIREFIGHTING VEHICLE, WHICH, UH, I THINK I JUST SAW THE REQUISITION COME THROUGH THAT.
SO THAT SHOULD BE COMPLETED IN THIS FISCAL YEAR AS WELL.
IT, THIS MONTH WE'RE GOING TO HAVE A PUSH IN.
BUT IT'S OUT THERE ON SOCIAL MEDIA.
CAN WE DRIVE? HEY, ANY QUESTIONS ABOUT AIRPORT CAPITAL PROJECTS? OKAY.
SO, UH, THIS IS, UM, FUNDS THAT HAVE BEEN SET AT SET ASIDE FOR ADDISON ROAD.
UH, CURRENTLY, UH, THERE'S ABOUT $3.1 MILLION.
[03:05:02]
UH, THERE THERE'S NO ANTICIPATED EXPENDITURES OR REVENUES, AND THERE WILL BE SOME INTEREST REVENUE THAT ACCUMULATES HERE, BUT, BUT THAT'S WHAT THAT BALANCE IS ABOUT $3.1 MILLION IN FUNDING.AND THERE WERE NO ADDITIONAL TRANSFERS REQUIRED.
WE'VE MET ALL THE MINIMAL, EVERYTHING ELSE WOULD BE FUNDED THROUGH CERTIFICATES AS DIRECTED BY COUNCIL.
AND THEN, UH, MOVING ON TO THE LONG REIGN, LONG RANGE, FINANCIAL PLAN, ANY QUESTIONS, UH, BEFORE WE GET INTO THIS MEAN, CAN WE GO BACK ONE ON MADISON GROVE? W WHAT ARE WE EXPECTING? UM, THAT MIGHT COME NEXT, AS FAR AS INFRASTRUCTURE SOMETHING OR ANOTHER AS SPECIFIC TO THE DEVELOPMENT, THAT'S THERE IN A PLACE RIGHT NOW, ARE YOU TELLING ME THAT IT'S COMING, IT'S COMING, ARE YOU TALKING ABOUT WHAT, WHAT THEY'LL DO TO THE SITE NEXT, OR WHAT WE HAVE TO INCLUDE, WHAT WE WOULD BE RESPONSIBLE FOR FROM, UH, UH, UH, I GUESS ECONOMIC DEVELOPMENTS TO WHATEVER OUR RESPONSIBILITIES MIGHT BE, WHETHER THEY INFRASTRUCTURE OR ECONOMIC DEVELOPMENT CENTER.
SO OUR, OUR RESPONSIBILITY IS TO REIMBURSE SIX POINT I THINK 6.2, $5 BILLION OF PUBLIC INFRASTRUCTURE THAT THEY WOULD HAVE RAN.
UH, THE TOTAL, UH, GRANT, UH, WAS SIX AND A HALF MILLION DOLLARS.
BUT THERE'S, I THINK IF I REMEMBER CORRECTLY AND CHARLES CORRECT ME IF I'M WRONG, BUT THERE'S $250,000 A CREDIT OR, UM, FEES THAT, UM, I CAN'T REMEMBER THE TIMING THAT'S THAT, THAT, THAT FROM, FROM WHEN WE HAVE TO START PAYING, THEY HAVE TO, THEY HAVE TO MEET IT AGAIN, BEING, BEING PERFORMANCE SPACE.
THEY HAVE THE MEETING MAY MEET A CERTAIN THRESHOLD BEFORE THEY BEGIN TO GET REIMBURSED.
AND I, I CAN'T TELL YOU, CHARLES, IF YOU KNOW, OFF THE TOP OF YOUR HEAD, CAN YOU TELL US, GIVE US AN IDEA OF WHAT THE TIMEFRAME IS FOR WHEN WE MIGHT HAVE TO START PAYING THAT OUT? SURE.
SO INTERNAL DOCTOR RECORD ON SERVICES, UH, THE FIRST DAY WE PROBABLY HAVE TO MAKE IS, UH, WHEN THEY A THIRD, BUT OUR HOMES.
I CAN'T REMEMBER WHAT THAT FIRST, UH, I WANT TO SAY 30% OF THE
UH, AND SO THEY, UH, THEY HAVE ABOUT 30 OF THE TOWNHOMES UNDER CONSTRUCTION.
SO THERE WOULD NEED TO SELL, UH, ROUGHLY IN THE NEIGHBORHOOD OF 50, BECAUSE OF THAT, THAT PAYMENT WOULD BE DUE.
SO BASED ON HOW FAST THEY'RE GOING, AND THAT'S PROBABLY A YEAR OUT, UM, AND THEN THERE'S ANOTHER AGGRESSION WHEN THEY SELL.
I THINK IT'S 70% OF THE TOWNHOME, UH, OR CONSTRUCTS ARE CONSTRUCTED AND THEN A FINAL PAYMENT ON 100% OF THE PUBLIC INFRASTRUCTURE IN MONROE.
AND WAS, DID I HEAR YOU CORRECTLY THAT OUR, OUR PART THAT WE WOULD PAY WOULD BE ROUGHLY THREE, THREE AND A QUARTER MILLION, NO, SIX, SIX AND A HALF TOTAL OF THAT.
IT WOULD BE SIX, SIX, AND A QUARTER WOULD BE, WOULD BE CACHED TO THEM FOR THE REIMBURSED, FOR RE TO REIMBURSE THE CONSTRUCTION OF PUBLIC INFRASTRUCTURE, SIX AND A HALF TOTAL.
ABOUT 250,000 OF THAT IS CREDIT TOWARDS DEVELOPMENT FEES.
MOVING ONTO THE LONG RANGE FINANCIAL PLAN.
UH, SO THERE ARE, THERE ARE SEVERAL SLIDES HERE AND THEN SOME OF THEM HAVE DIFFERENT, DIFFERENT ASSUMPTIONS.
SO I'LL BRIEFLY GO OVER THE ASSUMPTIONS FOR EACH ONE OF THESE AND KIND OF DISCUSS IT.
SO THIS IS THE FISCAL YEAR 2021 PROPOSED BUDGET FOR THE GENERAL FUND, UH, THE REVENUE ASSUMPTIONS HERE.
AND BECAUSE WE'VE SEEN SUCH A, UH, AN ANTICIPATED DROP IN SALES TAX, UM, FISCAL YEAR 2021, AND WE ANTICIPATE THAT COMING BACK, UH, BY ABOUT 5% IN FISCAL YEAR 22.
AND THEN WE HAVE A 3% ASSUMPTION BEYOND THAT THROUGH FISCAL YEAR 30 PROPERTY TAX REVENUE, ANTICIPATING 3.5% INCREASE FROM FISCAL YEAR 22 THROUGH FISCAL YEAR 2030.
AND THEN THE EXPENDITURE ASSUMPTIONS INCLUDE A 3% MERIT INCREASE FROM FISCAL YEAR 2022 TO FISCAL YEAR 2030.
SO IT'S, IT'S VERY, UH, VERY FLAT.
SO, UH, REVENUES FOR THE MOST PART, UH, ARE IN LINE WITH THE EXPENDITURE SIDE, THEY GET A LITTLE BIT OF IN, IN THE OUTER YEARS.
UH, SO OVERALL AS THE EXPENDITURE SIDE IS GOING UP.
SO OUR FUND BALANCE REQUIREMENT.
SO OUR FUND BALANCE, ALTHOUGH BASICALLY STAYING THE SAME THROUGHOUT THE DAY, THE ENTIRE TIME FRAME,
[03:10:01]
UH, THAT FUND BALANCE PERCENTAGE REQUIREMENT IS GOING UP SLIGHTLY.SO IT, IT, UH, THE DELTA THERE IS SHRINKING.
UH, SO THAT, THAT IS SCENARIO ONE FOR THE FISCAL YEAR 2021 PROPOSED BUDGET FISCAL YEAR, OR THE SECOND ASSUMPTION HERE, UH, FOR FISCAL YEAR 2021 PROPOSED BUDGET, UH, HAS THE EXACT SAME ASSUMPTIONS AS PRE AS THE PREVIOUS VERSION, EXCEPT, UH, THE EXPENSE ASSUMPTIONS OR A MERIT INCREASE OF 4% FROM FISCAL YEAR 22 TO FISCAL YEAR 2030.
YOU CAN SEE THAT IN THIS SCENARIO, IN THE LAST YEAR OF FISCAL YEAR 2030, UH, THE FUND BALANCE MINIMUM REQUIREMENT IS NO LONGER MET.
AND THAT'S BECAUSE AS THE EXPENDITURE START TO OUTPACE THE REVENUES, UH, FAIRLY, FAIRLY SIGNIFICANTLY IN THE OUTER YEARS, THIS ASSUMPTION IS THE FISCAL YEAR 2021 ON A BUDGET, ASSUMING A NO NEW REVENUE TAX RATE, UH, AS OPPOSED TO THE PROPOSED TAX RATE.
AND THIS INCLUDES, UH, THE SAME SALES TAX AND PROPERTY PRETTY TAX ASSUMPTIONS.
THE EXPENSE ASSUMPTIONS HERE ARE A MERIT INCREASE AT 3%.
THE REASON THAT THIS INSTANCE OF THIS GRAPH IS, IS NOT TOO DIFFERENT FROM THE PROPOSED BUDGET IN THE FIRST SLIDE IS BECAUSE AS THE PROPERTY TAX PROPOSED RATE IS FAIRLY CLOSE TO THE NO NEW REVENUE PROPERTY TAX RATE.
SO IT'S NOT THAT BIG OF A DIFFERENCE.
UH, WHEN YOU REALLY LOOK AT IT, WHEN YOU GET UP TO YOUR FISCAL YEAR 2030, YOU CAN NOTICE THAT THE FUND BALANCE IS A LITTLE LIGHTER IN THIS ONE, UM, THAT THE CUMULATIVE EFFECT OF, OF THAT NAME, NEW REVENUE RATE THAT 0.8, A ONE SET ON THE TAX RATE THAT COLD ACCUMULATING OVER THE COURSE OF A 10 FISCAL YEAR.
UH, IT MAKES THAT FUN OUT PERCENTAGE A LITTLE BIT TIGHTER IN THOSE OUT YEARS.
UH, THIS IS THE, UH, FISCAL YEAR 20 2021, UH, NO NEW REVENUE TAX RATE.
AND THIS HAS THE SAME REVENUE ASSUMPTIONS.
THE DIFFERENCE HERE, THIS HAS A MERIT INCREASE OF 4% FROM FISCAL YEAR 2022 TO 2026, AND THEN 3% FROM FISCAL YEAR 2027 TO 2030.
THIS ONE, AGAIN IN THE OUT YEARS, FISCAL YEAR, 2029 AND 2020, 30, 2030.
UH, THERE IS, UH, FUN BALANCE.
MINIMUM IS NO LONGER MET AND THAT'S BECAUSE THE, UH, THE EXPENDITURE JUST BEGAN TO OUTPACE, UH, THEIR REVENUES, UH, REALLY RE IN REGARDS TO THE COMPOUNDING OF THE, OF THE MERIT INCREASES THERE, I GET WHERE THE OUT YEARS IT'S UNSUSTAINABLE FOR THE HOTEL FUND, BECAUSE THIS ONE, THIS ONE LOOKS A LITTLE STRANGE AND THAT'S BECAUSE THE HOTEL REVENUE, UH, HOTEL OCCUPANCY TAX FALLEN OFF SO DRAMATICALLY IN FISCAL YEAR 20.
UM, WE SHOW THAT AS RECOVERING BEGINNING IN FISCAL YEAR 21, UH, IN FISCAL YEAR 22, WE SHOW A 7% GROWTH IN FISCAL YEARS, 20, UH, I'M SORRY.
IN FISCAL YEAR 22 TO 24, IT'S A 7% GROWTH IN FISCAL YEAR 25 TO 26.
AND THEN ON IT, IT'S A 2% GROWTH AFTER THAT.
HOWEVER, THE EXPENDITURES ARE OUTPACING THE REVENUE, UH, IN EVERY INSTANCE, EVERY FISCAL YEAR LISTED.
SO IT'S, UH, THIS ONE, THIS ONE IS GOING TO BE THE TOUGH ONE.
SO IT'S, UH, IT'S REALLY GOING TO BE, UH, MANAGING THE EXPENDITURE SIDE BECAUSE THE REVENUES ARE GOING TO BE WHAT THEY'RE GOING TO BE.
UH, WE'RE GONNA, WE'RE GONNA NEED TO FIND WAYS TO KIND OF HONE IN THE EXPENDITURE SIDE TO MAKE THIS SPOT A LITTLE BIT MORE SOLID, UH, AIRPORT FUND.
SO THIS FUND HAS A REVENUE ASSUMPTIONS, UH, THE BIG, UH, THE BIG DIP THAT IS IN FISCAL YEAR 20, AND THAT'S REALLY RELATED TO US BEING, GETTING SOME GRANT FUNDING THIS YEAR FOR A LAND REIMBURSEMENT.
SO THAT'S WHY THE REVENUE IS SO FAR ABOVE THE EXPENDITURE SIDE, UH, IN FISCAL YEAR 20.
AND THEN IT COMES BACK DOWN, UH, FUEL FLOWAGE FEES GOING FORWARD.
UH, WE ANTICIPATE 1% GROWTH IN FISCAL YEAR, 2022, AND THEN A 10% GROWTH IN FISCAL YEAR, 2023, 7% GROWTH IN FISCAL YEAR 24, AND THEN ONE AND A HALF PERCENT GROWTH AFTER THAT.
AND AS I MENTIONED BEFORE, THE FUEL FLOW, WHICH THE BEEN REALLY THE HARDEST AREA HIT AS FAR AS, UH, AS FAR AS THE REVENUE SIDE OF THE AIRPORT, UH,
[03:15:01]
FROM COVID-19.SO, UH, IT'S ANTICIPATING A SLOW RECOVERY, BUT THEN GETTING BACK TO OUR NORMAL LEVELS IN THE OUT YEARS, UH, ON THE GROUND WAY SIDE, UH, 1% INCREASE IN FISCAL YEAR 22 AND THEN THREE AND A HALF PERCENT INCREASES IN FISCAL YEAR 23, UH, 4% INCREASES IN 24 AND THEN ONE AND A HALF PERCENT INCREASES THE ACT OUT THROUGH, UH, FISCAL YEAR 30.
AND, UH, THIS ONE, UH, THE REVENUES ARE SLIGHTLY EXCEEDING THE EXPENDITURE SIDE, WHEREAS, UH, WE'RE MEETING OUR MINIMUM FUND BALANCE REQUIREMENT AND EVEN GROWING THE FUND BALANCE SLIGHTLY IN THE ACTORS.
CAN, CAN SOMEBODY REMIND ME WHEN GALAXY FBO IT'LL BE IN PLACE SOMETIME PHYSICAL YOU'RE 2121? YES.
SO I CAN'T, WE CAN TELL YOU EXACTLY WHAT IT'S GOING TO BE IN FISCAL YEAR 21.
CAN WE, CAN WE GO BACK TO THAT? SO DON'T, WE THINK THAT WILL HELP WITH, WITH, UH, FUEL FUEL SALES.
WOULD THAT BE JUST LATE, MAYBE LATE IN FISCAL YEAR, THIS SCHOOL YEAR, WE HOPE IT WILL HELP, UM, DISSIPATE IT, BUT IT'S THE QUESTION IS, IS WHEN, RIGHT.
SO, UM, I THINK THAT'S PROBABLY WHY YOU SEE SUCH A DRAMATIC INCREASE IN 2023, PLUS THE ECONOMY IS COMING BACK, BUT I MEAN, I JUST TELL ME A LITTLE SURPRISED BY 1% GROWTH FUEL, FLOWAGE IT ISN'T PROJECTIONS IN 2000 FISCAL YEAR, 2022.
IT IS AN ASSUMPTION, SO, RIGHT, RIGHT.
IT SEEMS LIKE WHEN WE WERE HAVING THOSE CONVERSATIONS THAT, UM, THERE WASN'T, THERE WASN'T A WHOLE LOT OF, UM, INCREASED TRAFFIC PROJECTIONS.
I REMEMBER IT WASN'T THE, WE, WE, WE FELT BASED ON OUR ANALYSIS IN CREATING NOT ONLY THE STRATEGIC PLAN FOR THE AIRPORT, BUT ALSO THE MASTER PLAN FOR THE AREA THAT, THAT THE AIRPORT WOULD SUSTAIN A THIRD FBO IN OUR EXPECTATION AND ASSUMPTION IS THAT IT'S NOT GOING TO BE SUSTAINABLE IF FPOS ARE JUST POACHING CUSTOMERS FOR ONE ANOTHER, THEY'VE GOT TO INCREASE THE ACTIVITY OF OPERATIONS AT THE AIRPORT IN ORDER FOR THEM TO SUSTAIN THEMSELVES.
SO OUR EXPECTATION IS THAT THEY WILL ATTRACT ADDITIONAL OPERATIONS TO THE AIRPORT BECAUSE OF THIS.
AND DON'T BE WORRIED, I THINK, FROM, FROM EVERYTHING THAT I I'M SEEING FROM THE FBO PERSPECTIVE THERE THEY'RE APPROACHING IT THAT WAY TOO.
I MEAN, IF EVERYBODY'S PITCHING IN FOR MORE DEVELOPMENT, NOT, THEY'RE NOT CLOSING THEIR DOOR.
I MEAN, THEY'LL GIVE US NO INDICATION.
THEY'RE, THEY'RE BACKING DOWN.
THEY'RE GIVING US EVERY INDICATION THAT THEY'RE, THEY'RE, UH, IMPROVING THEIR, THEIR OPERATIONS AND INVESTING MORE INTO THEIR OPERATIONS THAT ARE MANIC ALL OF THEM.
I THINK EACH FPL HAS OTHER LOCATIONS ON THE IL.
SO WOULD THEY BE ABLE TO HERE, THEY WILL TELL THE EXISTING CUSTOMER OR AIRPORT TO FLY OVER HERE, USE THIS EXISTING, YOU KNOW, FBO, YOU KNOW, EVEN THOUGH SOMETIMES LIKE A BIT ON THERE, THEY USED TO HAVE MANY IS SORT OF ODD TO OTHERS.
AND THEN THEY ONLY KEEP THIS ONE BY SIMILAR TO MARY KAY.
BUT THE OTHER AIRPORT, THEY STILL HAVE BEEN ON THERE, SO THEY WILL SEND THE CUSTOMER TO THE BUSINESSES.
SO I BELIEVE, YOU KNOW, WHAT GENERATE ADDITIONAL CUSTOMERS, ADDITIONAL CLIENTS FLYING INTO SINGAPORE.
SOMETIME YOU LOOK THIS WAY, A LOT OF PEOPLE THINK YOU HAVE MORE RESTAURANTS, THIS BIG COMPETITION THAT'S TRUE, BUT ALSO YOU'LL BRING MORE PEOPLE TO THE REGION.
SO IF YOU ARE GOOD, YOU KNOW, THEN YOU'LL BE ABLE TO ATTRACT MORE BUSINESS.
NO, SINCE I BELIEVE A LOT TICKETS ON THE VISUAL RENOVATION AND TO EXPECT THE COMPETITION OF GALAXY, I MEAN, ON THERE ALREADY EXPAND THE SECOND HAND OR WIDE BACK.
SO, SO I BELIEVE IT WILL BRING MORE BUSINESS
[03:20:01]
INSTEAD OF FUEL BECAUSE OF THE COMPETITION.SO COMPETITION CAN BE GOOD, CAN BE NEGATIVE, BUT I THINK THERE WILL BE POSITIVE.
DOES JOEL CARE TO ADD ANY THOUGHTS? JOEL, DO YOU HAVE ANY THOUGHTS? WELL,
UM, I THINK CERTAINLY THAT, UH, ALL THREE FPOS ARE HEAVILY INVESTED IN THIS AIRPORT.
AND I DO NOT THINK THEY WOULD BE INVESTING AS RNS THEY PLANTED, UNLESS THEY THOUGHT THERE WAS GOING TO BE SOME RETURN ON THE INVESTMENT.
I THINK ONE OF THE THINGS THAT WE'VE SEEN A NEED FOR ADDITIONAL HANGAR SPACE, FREQUENT REQUESTS FOR A HANGAR SPACE FOR BUSINESS AIRCRAFT, AND RIGHT NOW WE'RE FULL.
SO WE'LL BE MORE CAPACITY MAKES SENSE.
AND THEN WE HAVE MORE AIRCRAFT FILLING THOSE TIMERS AND TO BUY MORE, IF YOU GO TO THEIR HOME AIRPORT, CAUSE WE CAN GET A BETTER PRICE ON FUEL.
SO I CERTAINLY THINK THAT WE WILL SEE SOME INCREASE, UM, FOR GALAXY THERE'S GOING TO BE A RAMP UP PERIOD, AND WE DON'T EXPECT THEM TO KNOW BETTER 3 MILLION GALLONS A YEAR OVERNIGHT.
SO I THINK THERE WILL BE SOME THAT HAVE THAT CUSTOMER BASE.
WE'RE LOOKING PROBABLY TO FIVE YEARS AND WE'RE HOPING TO BE A LITTLE BIT BETTER THAN THAT.
I THINK THAT CERTAINLY WE DO ANTICIPATE A LITTLE BIT MORE GROWTH, UM, AN UPDATE WE DISCUSSED THE JULY NUMBERS AND COULD NOT TELL JULY 20 FROM PAST THREE YEARS, WE CAN BE VERY MUCH AT THE SAME LEVEL.
WE WERE A YEAR AGO, TWO YEARS AGO OR JULY.
SO WE USED TO GO PRETTY DEEP, GET IT IN MARCH AND GOING APRIL TERRIBLE.
AND THEN MAY WAS LESS TERRIBLE.
UH, JULY OF NORMAL, WE'VE SEEN A FASTER RECOVERY, UM, THAT COULD BE BECAUSE PEOPLE ARE TURNING TO OUR AIRCRAFT RATHER THAN FLYING COMMERCIAL.
I'M NOT SURE THAT I THINK THE JURY'S STILL OUT, BUT THERE SEEMS TO BE TREND IN THAT DIRECTION.
BUT THE BOTTOM LINE WAS, YEAH, I THINK THESE PAPERS ARE REASONABLE.
IT'S FAIRLY CONSERVATIVE FOR THAT PROJECTION.
UM, I THINK THERE'S ALWAYS A BIT OF A WISDOM OF BEING VERY CONSERVATIVE AND I'M PROJECTING THE OUT YEARS.
AND THEN WHEN IT TURNS OUT BETTER THAN ONCE YOU'VE PROJECTED, YOU'RE IN BETTER SHAPE.
UH, GOING ON TO THE ECONOMIC DEVELOPMENT FUND, UH, THIS, UH, REVENUE, UH, THEY HAVE A, UH, CURRENTLY A FIXED RATE OF A PORTION OF THE AD VALOREM TAX RATE, UH, 2.70 CENTS.
UH, AND THEN ALSO RECEIVE TRANSFERS FROM THE HOTEL FUND TO FUND TOURISM.
AGAIN, THE LARGE DIFFERENCE BETWEEN EXPENSES AND REVENUE THERE FOR FISCAL YEAR 21 IS BECAUSE UTILIZATION OR PROPOSED UTILIZATION OF THE, UH, EXCESS, UH, THAT HAS BEEN TRANSFERRED TO FUND TOURISM THAT HAS NOT YET BEEN EXPENDED, UH, FROM PREVIOUS YEARS.
SO UTILIZING THOSE, UH, THOSE FUNDS, UH, TO HELP THE HOTEL FUND, UH, RECOVER FISCAL YEAR 21 AND, UH, GOING FORWARD, THERE IS A, A DELTA THAT, THAT OCCURS LOOKS LIKE BEGINNING IN ABOUT FISCAL YEAR 24 EXPENDITURES OVER REVENUES, UH, FUND BALANCE IS STRONG AND IT BEGINS TO SLIGHTLY COME DOWN, UH, BEGINNING IN ABOUT FISCAL YEAR 24, 25, BUT IT'S STILL WELL ABOVE THE MINIMUM REQUIREMENT, UH, STORMWATER FUND, AGAIN, THIS, UH, THE STORMWATER FEES, UM, UH, HAVE A RAPE RATE ORDINANCE THAT IS SCHEDULED TO YIELD A 5% INCREASES THROUGH FISCAL YEAR 2022.
UH, YOU CAN SEE THAT THE MINIMUM FUND BALANCE REQUIREMENT IS VERY LOW, UH, BECAUSE THERE ARE NOT VERY MANY OPERATING EXPENSES IN THIS FUND AND THE FUND BALANCE.
UH, AS WE MENTIONED, WE DO HAVE SOME VERY LARGE CAPITAL IMPROVEMENT PROJECTS, UH, BUDGETED TO BE CASH FUNDED OUT OF THIS FUND.
HOWEVER, THERE, YOU KNOW, OUR CIP PLAN ONLY GOES THROUGH FISCAL YEAR 25.
SO, UH, IN THE APP YEARS, UH, THERE ARE NO CAPITAL GROUP.
SO THIS POD IS A, IS VERY STRONG.
AGAIN, YOU CAN SEE THE BLACK LINE, THE OPERATING REVENUES SIGNIFICANTLY MORE THAN THE
[03:25:01]
OPERATING EXPENSES, AND THAT'S CONTRIBUTING TO THAT, TO THAT FUND BALANCE OR AVAILABILITY, UH, TO A CASH BOND OR, UH, SUBSIDIZE, UH, YOU KNOW, ANY STORMWATER PROJECTS, WHETHER THEY'RE BEING FUNDED FOR BONDS OR THE AVAILABILITY OF CASH TO FUND TONY FUND.THIS FUND IS, UH, YOU CAN SEE THERE'S A RADAR WOMEN SCHEDULED IN TO YOU'LL HAVE INCREASES FROM TWO AND A HALF PERCENT TO 6% FROM WE'RE AT 2021 THROUGH FISCAL, YOUR 2027 ESTIMATED INCREASES, UH, OF 2% FROM FISCAL YEARS, 28 TO 2030.
UM, THIS FUND IS FAIRLY STRONG ON THE MEETING FUND BALANCE REQUIREMENT.
UM, THERE IS NO OPERATING DEFICITS, UH, PROJECTED THROUGHOUT THE LONG RANGE FINANCIAL PLAN HERE.
RIGHT? WE CAN SEE THAT, UM, FIND BALANCE IS SHOWN TO GROW AGAIN WHEN YOU GET TO THE, TO THE FAR OUT YEARS, BECAUSE OUR CAPITAL IMPROVEMENT PLAN DOESN'T EXTEND THAT FAR.
THERE ARE NO CASH FUNDING OF CAPITAL IMPROVEMENT PROJECT SHOW.
AND SO THAT, THAT AMOUNT ABOVE THAT, THAT BLACK DOTTED LINE IS REALLY CAPACITY, UH, TO FUND SOME, SOME PROJECTS, ANY QUESTIONS ABOUT LONGTERM FINANCIAL PLANS, SO ON TO OTHER FISCAL YEAR 2021 BUDGET RELATED DISCUSSION, THIS IS RELATED TO NONPROFIT ORGANIZATIONS.
UH, UH, THE FIRST ONE IS WHAT EACH NONPROFIT HAS REQUESTED.
UH, THE SECOND COLUMN IS, UH, WHAT'S INCLUDED IN THE PROPOSED BUDGET AND THE THIRD COLUMN IS THE COUNCIL LIAISON RECOMMENDATION AND THE FOURTH COLUMN, UH, THERE ARE NO DIFFERENCES THERE, BUT THAT WOULD BE THE DIFFERENCE BETWEEN, UH, THE PROPOSAL, THE PROPOSED BUDGET AND THE LIAISON RECOMMENDATION WITHIN THE FISCAL YEAR 2021 BUDGET FOR THE GENERAL FUND, A TOTAL NONPROFIT FUNDING OF $146,120.
THERE WAS 190, 2,876 REQUESTED, UH, THE COUNCIL LIAISON DEGREE WITH THE ONE 46, ONE 20.
SO WE NO DELTA BETWEEN THE FUNDING PROPOSED AND THE FUNDING RECOMMENDATION.
AND SOME OF THESE DON'T HAVE COUNCIL LIAISON DATA.
UH, ANY QUESTIONS ABOUT GENERAL FUND, A NONPROFIT, NO ONTO THE HOTEL FUND NONPROFIT.
UH, THE, THE TWO, UM, ORGANIZATIONS BEING FUNDED HERE ARE WATER TOWER THEATER AND OUTCRY THEATER.
UH, WATER TOWER THEATER HAS WRITTEN, HAD REQUESTED A $400,000, UH, UH, GRANT.
UM, THE FISCAL YEAR 2021 PROPOSED FISCAL YEAR 2021 RECOMMENDATION IS, UH, $326,589, UH, FOR WATER TOWER THEATER IN CASH.
AND THEN ALSO TO RECEIVE IN KIND FUNDING, WHICH WOULD BE A REDUCTION OF, UH, EXPENSES THAT THEY'RE PAYING INTO THE TOWN, UH, OF 16,400 FOR THEIR OFFICE RENT.
AND THEN JUST OVER $32,000 FOR PRODUCTION OR ADD FOR A TOTAL VALUE OF THE GRANT OF $375,000, UH, OUTCRY THEATER.
I REQUESTED $10,000 AND THE PROPOSED RECOMMENDED BUDGETS INCLUDE 2,500 IN FUNDING.
ANY QUESTIONS ABOUT THE HOTEL NONPROFITS? I WANTED TO ASK ABOUT THE WATER TALKS THEY ALSO WERE HAD IN THE TOM BROWN'S, THE LIAISONS RECOMMENDATION THAT BE THE TIMING OF THE PAYMENTS, THESE SLIGHTLY DIFFERENT, I DON'T KNOW IF THAT'S TO BE DISCUSSED HERE OR THAT'S IN TERMS OF FUNDING, THE ENTIRE THING BEGINNING, EXCUSE ME, THE NON-MATCHING WORSHIP.
INITIALLY, WE DID THAT, BUT I DON'T KNOW IF THIS IS THE TIME FOR THAT DISCUSSION.
WE CAN HAVE IT NOW AND ADD IT TO, SO I'M MAKING A LIST OF A COUPLE OF THINGS THAT TALK ABOUT SO WE CAN TALK ABOUT IT.
IF YOU WANT TO TALK ABOUT RIGHT NOW, IS THIS AS PART OF THIS, THERE'S NO OTHER QUESTIONS THAT'S FINE.
OR WE CAN ADD IT TO THE DEPARTMENT.
I JUST RAISED IT BECAUSE IT WAS PART OF THE RECOMMENDATION MEMO.
[03:30:02]
YEAH.I DON'T THINK IT'S NOT GOING TO CHECK.
I DON'T WANT TO CHANGE IT FROM WHAT WE DID IN THIS PREVIOUS YEAR, WHICH WAS THE GRANT FUNDING FRONT, AND THEN THE MATCHING STARTING IN JANUARY, THEY COULD START TRYING TO RECOUP IT ON A MONTHLY BASIS.
SO IT'S NOT CHANGED FROM THIS YEAR.
I KNOW WE TALKED ABOUT IT LAST YEAR ABOUT, UM, YOU KNOW, WE DID THE ONE TIME UPFRONT THING TO TRY TO GET THEM BACK, BACK ON THEIR FEET AND THEN NO, IT COMES TO COVID AROUND THIS YEAR AND THE SECOND HALF OF THEIR SEASON.
SO, UM, THEY'RE, THEY'RE, THEY'VE MADE A BUNCH OF HARD DECISIONS OVER THERE, LIKE, LIKE THE TOWN IS THAT HAS TO DO SO.
UM, YEAH, MY RECOMMENDATION WOULD BE TO GO AHEAD AND FUND THEIR GRANT PORTION UPFRONT AND THEN START THE MATCHING.
AND JUST AS YOU DID THIS YEAR, I DON'T WANT TO BE THE MODEL FOREVER.
NO, NO, NO, BUT I THINK THIS YEAR WE'VE GOT ANOTHER.
YES, BUT IPD EXPENDITURES AS WELL.
SO YOU GET STUFF ON THE BOARD, YOU COULDN'T REALLY DO A HOUSE CONCERT SHOW.
THEY'RE CUT THEY'RE AT WHEREVER THEY CAN.
BUT I DON'T KNOW IF ANYBODY'S HAD A CHANCE I'LL PUT A PLUG IN FOR THEM, HAD A CHANCE TO SEE THEIR, THE, THE ON DEMAND PRODUCTION THAT THEY DID.
AND IF YOU'VE SEEN IT, I MEAN, I WISH EVERYBODY COULD HAVE SEEN IT BECAUSE IT WAS VERY, VERY PROFESSIONALLY DONE AND THEY'RE KIND OF LEADING, HE'S KIND OF SHANE AND THAT BOARD'S KIND OF OUT THERE KIND OF LEADING, I THINK THE NORTH TEXAS AREA AND TRYING TO TRY TO DO THESE CREATIVE THINGS.
IT'S STILL A TRY TO BRING THE PRODUCT TO THE COMMUNITY.
SO, UM, YOU KNOW, IT'S, IT'S ALWAYS A GUESSING GAME, YOU KNOW, LIKE I SAID, IN MY, IN MY RECOMMENDATION, YOU KNOW, IT'S REALLY TOUGH ON BUSINESSES THAT RELY ON CROWDS TO FUNCTION RIGHT.
TO BIG GATHERINGS TO FUNCTION.
SO IT'S, THEY'RE TRYING TO BE CREATIVE, JUST LIKE, YOU KNOW, I GO TO THE OTHER BUSINESSES ARE SO, UM, CAN WE GIVE YOU A PLATFORM? CAN YOU TALK ABOUT LOOKING AT THE APPLICATION? IT'S TALKING ABOUT SOME OF THE PRODUCTIONS NEXT YEAR.
YOU I'M GOING TO PUT YOU ON THE SPOT, BUT CAN YOU KIND OF ADD SOME COLOR WITH THAT? I KNOW THEY'RE WORKING IN DIFFICULT TIMES, BUT CAN YOU ELABORATE? WELL, LOOK, LIKE I SAID, IF YOU JUST VIEWER, RIGHT? I DON'T KNOW.
THEY JUST DID A PHENOMENAL, I THOUGHT, I THOUGHT THE ACTOR WAS GREAT.
I THOUGHT THE PRODUCTION WAS GREAT.
I AM MY OWN WIFE AND IT'S A ONE MAN PLAY, BUT IT WAS, IT WAS LIKE, IT LOOKED LIKE IT LOOKED LIKE SOMETHING YOU'D SEE ON TV, LIKE, LIKE REALLY PRODUCED.
I MEAN, YOU KNOW, ONE PERFORMER, ONE PERFORMER BUY A COURSE, YOU KNOW, LIKE YOU DO THAT.
AND THEY STILL, THEY STILL HAVE TO RENT THE SPACE TO DO THEIR, THEIR, THEY DON'T RUN IT FOR SHOWS, BUT THEY HAVE TO RENT THE SPACE FROM THE TOWN TO DO THEIR, TO DO THE PRODUCTIVE, PRODUCE THE, BUILD THE SETS.
SO THEY'RE RENTING THAT SPACE.
THEY'RE RANKING THEM WHEN THEY'RE DOING REHEARSALS AND THAT KIND OF STUFF.
SO THEY STILL ARE EXPENSIVE, BUT YES, YOU DON'T HAVE TO WORRY ABOUT YOU DON'T HAVE 15 CAST MEMBERS THAT YOU, YOU KNOW, SO THEY'RE TRYING TO DO SOME OF THAT KIND OF STUFF WHERE THEY HAVE SOME SMALLER, YOU KNOW, PLAYS WITH SMALLER CAST TO THEM, YOU KNOW, CAUSE IT'S SOCIAL DISTANCE.
AND I THINK THEY FIGURED THE FIRST FEW PRODUCTIONS THEY'RE GOING TO TRY, THEY'RE GOING TO BE DOING LIKE ON DEMAND TYPE OF, TYPE OF PRODUCTIONS AND THEY'RE THAT THEY'RE HOPING TO BE ABLE TO DO.
AND THE SECOND PART OF THE YEAR, LIKE AFTER APRIL, I THINK APRIL OR MAY, AND THEY START PLANNING ON DOING LIVE PRODUCTIONS AT THE THEATER, IS THERE HOPE? SO THIS IS INTERESTING BECAUSE OUTCRY THEATERS DOING SOME VIDEO VIDEO ON DEMAND TOO.
AND SO ONE OF THE QUESTIONS IS, IS THERE A REASON WHY IT WOULD, UM, WHY, UH, A PRODUCTION COULDN'T BE PUT ON LIKE YOUTUBE OR A YOUTUBE CHANNEL OR SOMETHING? YOU KNOW WHAT I MEAN? LIKE WHY IS IT LIMITED TO A CERTAIN AMOUNT OF TIME? UM, THAT'S ALL, THAT'S A, THAT'S AN ACTOR'S EQUITY QUESTION.
AND THAT'S ANOTHER THING THAT THEY'RE, THEY'RE HAVING TO NAVIGATE AROUND, WHICH IS, YOU KNOW, ALL FOR HIM FOR PROFESSIONAL THEATER, THERE'S ALL KINDS OF, THEY'RE ALL WOMEN UNION.
SO THEY THEY'RE EQUITY ACTORS AND THEY'RE, THEY'RE RESTRICTED FROM HOW MANY TIMES YOU CAN SHOW IT, YOU KNOW? OKAY.
NOW SOME OF THE STUFF THAT I THINK THEY'RE GOING TO, THEY'RE TALKING ABOUT DOING A CONCERT, LIKE A CONCERT IS ONE OF THE THINGS.
AND I DON'T KNOW IF THAT FALLS UNDER
[03:35:01]
THE SAME RESTRICTIONS AS FAR AS BEING ABLE TO SHOW IT AND GET IT OUT THERE.UM, THEY'RE THE ONE THAT THEY JUST DID.
I HEARD THAT THERE MIGHT BE TALKING TO THEM ABOUT BEING ABLE TO TAKE THAT PRODUCTION AND ALLOW IT TO EXTEND FOR A LONGER PERIOD OF TIME.
AND THEN, THEN WATERTOWER WOULD GET NO MAILBOX, MONEY, YOU KNOW, DOWN THE ROAD FOR, YOU KNOW, FOUR, FOUR OF THEM PER VIEW, KIND OF A THING.
SO THAT'S SORT OF THE STUFF THEY'RE TRYING TO TRY TO NAVIGATE THROUGH.
IT'S JUST, IT'S SO DIFFERENT FOR MY THEATER, RIGHT.
TO TRY AND DO, TO TRY TO DO IT NOT LIVE, BUT ALSO I BELIEVE IT'S HARDER FOR THEM TO FUN ACTORS TO PERFORM AT THE SAME TIME.
IT SAYS YOU DON'T LIKE THE MOVIES, THE TV SERIES, MOSTLY BLACK LIST.
THE LAST ONE THEY DID IS, YOU KNOW, ANIMATION, YOU KNOW, KIND OF A, LIKE A ANIMATION CHARACTER LIVE IS SIMILAR TO CARTOON.
SO NOBODY WANT TO GET IT TOGETHER TO ACT TWO.
SO I'M JUST, I'M JUST AS SICK.
I'M JUST, I'M JUST THINKING WE'RE VERY DIFFICULT TIMES.
AND HOW DO YOU MAKE THE BEST, BEST OF THAT.
UM, AND SO THAT, THAT WAS KIND OF WHAT WAS THE REASON I WAS ASKED TO DO ANOTHER HOUR, IF WE DO TAKE A BREAK.
SO ONCE WE FINISH THIS CONVERSATION, I WAS GOING TO, THERE ARE OTHER THINGS WE CAN TALK ABOUT, MIKE, I WAS GOING TO ASK YOU, HOW, HOW DO YOU WANT TO HANDLE THIS? DO YOU WANT TO CONTINUE TO TALK TONIGHT? DO YOU WANT TO DO SOME AT NIGHT AND SOME TOMORROW? AND THAT WAS WHAT WAS GOING TO HAPPEN TO YOU.
SO IF THERE'S A CONSENSUS FROM THE COUNCIL TO FOLLOW THE RECOMMENDATION BY COUNCIL MEMBER BROWN, THEN THERE HAVE CAPTURED THAT.
AND IF THERE'S ANY MORE QUESTIONS, I'M NOT PROFIT STUFF.
IF NOT, THEN I THINK THERE'S JUST ONE MORE SLIDE.
LET ME, LET ME, LET ME ASK A NONPROFIT A QUESTION.
UM, JOHN, DID, DID YOU HEAR ANY MORE? DID YOU HEAR BACK FROM METRO CARE? UH, HAVEN'T HEARD ANYTHING BACK FROM METRO.
I WOULD LIKE TO COME BACK TO ONE OF THEM.
WE'RE JUST KINDA MISSING SOME, SOME INFORMATION THAT'S THAT STATEMENT FINISHED? YES.
THE LAST SLIDE IS, IS THE, UH, A GRANT TO BE, UH, A FAMILY PLACE, UH, IN FISCAL YEAR 21.
IT'S PROPOSED TO COME FROM THE CHILD SAFETY FUND.
UH, CHILD SAFETY FUND IS, UH, RESTRICTED FOR USE.
UM, UH, IF YOU HAVE A CROSSING GUARD PROGRAM, YOU HAVE TO USE IT FOR THAT.
IF YOU DON'T, YOU CAN USE IT FOR OTHER CHILD SAFETY ACTIVITIES.
THIS IS A PERFECT CANDIDATE TO BE USED OUT OF THOSE RESTRICTED.
UH, THE TOTAL OF ALL GRANTS IN CASH IS 477,709.
AND WITH THE IN KIND AMOUNTS TO WATERTOWER THEATER THEATER AT 526,100, IT SEEMED REASONABLE TO ME.
AND I APPRECIATE THE WORK THAT YOU DO.
YOU DON'T WANT TO, I DON'T WANT TO FLIP SOMETHING OUT THERE.
UM, ON, ON ADDISON ARBOR FOUNDATION, THE MATCH IS 15,000 AND I WOULD LOVE TO, IF WE COULD JUST TO INCREASE THAT TO MAYBE 25,000 TO HOPEFULLY ENCOURAGE PEOPLE, TO DONATE WITH A THOUGHT AND MAYBE UP TO 25,000, EVERY DOLLAR THEY DONATE MIGHT, MIGHT EQUATE TO $2, UM, IN ART.
I MEAN, IT'S IN MY DISCUSSIONS WITH THEM, THEY'VE BEEN VERY SENSITIVE TO WANTING TO BE A GOOD TEAM PLAYER AND CERTAINLY NOT INCREASED THEIR, UM, THEY WANTED TO, WE ACTUALLY TALKED TO THEM ALL ABOUT IT, ABOUT THEM REDUCING THEIR, THEIR, UM, I FELT COMFORTABLE THAT, THAT WE WOULD, WE WOULD FEEL COMFORTABLE TO LEAVE IT WHERE IT WAS THAT THE VALUE PROPOSITION WAS HIGH AND THAT
[03:40:03]
KIND OF MONEY THAT THEY RAISE IS REALLY MORE FROM LIKE THE NORTH TEXAS GIVING, YOU KNOW, GAY AND STUFF LIKE THAT, WHICH IS THAT THAT'S KIND OF WHERE MOST OF THEIR, THEIR INCOME COMES FROM.AND YOU KNOW, FRIDAY FOR ME TO SAY IS THEIR ADVOCATE THAT, YOU KNOW, LET'S NOT COMMIT ANY MORE MONEY, BUT YOU, IN MY CONVERSATIONS WITH THEM, I THINK THAT THEY'RE, THEY'RE VERY GRATEFUL TO SIT PAT WE'RE WE'RE THE ARM RIGHT NOW.
AND FOR THAT, I WOULD, I WOULD LIKE TO SAY I'M VERY GRATEFUL, BUT THEY'RE SO, YOU KNOW, ACCOMMODATING AND UNDERSTANDING BEING A TEAM PLAYER FOR SUCH A TIME AS THIS, BECAUSE I THINK SPEAKING FOR MYSELF, I LOVE THE WORK THAT THEY DO AND IT'S MEANINGFUL.
LAURIE, AND, AND, YOU KNOW, IT'S, I THINK IF THE YOU'VE MENTIONED IT BEFORE, IF SOMETHING CAME UP THAT, YOU KNOW, WE HAVE THIS UNUSUAL CIRCUMSTANCE AND THINGS LIKE THAT, MIGHT WE, YOU KNOW, FOR THIS ONE PROJECT, WE DON'T HAVE QUITE ENOUGH FUN BUDGET, MONEY FORWARD OR SOMETHING LIKE THAT, THAT THEY CAN COME BACK TO US AND WE CAN HAVE THAT DISCUSSION.
SO THAT'S EXACTLY WHAT I WAS GOING TO PIPE IN AND SAY, CAUSE BECAUSE THEY DO IDENTIFY PIECES OF ART THAT ARE SPECIFIC.
SO THEY WOULD COME IN AND SAY, WE'VE GOT THIS OPPORTUNITY THAT LEADS TO AN EASIER DECISION TO PROCESS THEN NOT IN FRONT OF MONEY.
I THINK IT WAS A SPECIAL YEAR.
YOU KNOW, WE'VE NEVER HAD THIS BEFORE.
I THINK WITH KID RECOVERING FUNDING AMOUNT WOULD BE MORE PRUDENT IF IN THE FUTURE, YOU KNOW, THERE'S NEAT SINCE THERE'S A BUNCH OF SETUP, YOU KNOW, WE CAN ALWAYS TALK ABOUT IT BESIDES, YOU KNOW, LIKE I LIVE EVERY DAY AT WORK, YOU KNOW, I CAN TWO ARMS, YOU KNOW, THE POD ON THERE ALREADY WITH RAVENS ON IT, GRANTED BY DAUGHTER STATION WITH SHELTER.
BUT THE OTHER ONE ON THE OPPOSITE SIDE ON THE SPECTRUM IS BEAUTIFUL.
SO THEY HAVE DONE A GREAT JOB, YOU KNOW, BUT EMILY DONATED, YOU KNOW, SO IF YOU LET'S GO CHECK OUT GOOD PROJECT SYNDROME TO HELP, YOU KNOW, THE DEVELOPERS CAN DONATE.
SOME OF THOSE ARE ALL OBLIGATIONS.
I MEAN, I WOULD SAY REDUCE, BUT YOU KNOW, WE CAN'T HAVE THE LAW SPENDING EVEN MORE.
SO I THINK IT'S BOTH THIS YEAR.
SO WHAT, UM, WHAT THE COVID-19 GOING AWAY, EVERYTHING BACK TO NORMAL, YOU KNOW, IT'S EASIER TO, TO, TO MAKE THE FRONT END THE STATION.
I HOPE WE WILL CONSIDER THAT IN THE FUTURE WHEN MAYBE THINGS ARE A LITTLE BIT BETTER BECAUSE, UM, I REALLY DO THINK IT MAKES A DIFFERENCE.
I THINK I BET IT MADE, UH, IT HELPED FAMILY, UM, WITH THAT DECISION.
UM, AND I THINK WE'RE GONNA, YOU KNOW, THERE ARE ART, UM, THAT WE'RE INSTALLING IS GETTING NICER AND NICER.
IT'S GOOD AND IT'S GETTING MORE EXPENSIVE.
AND UM, SO IT JUST SEEMS LIKE A LOT OF THE NEW, UH, ART INSTALLATIONS OR LITTLE GAME OF LEAPFROG AND LAKE, WHICH IS GOOD.
AND, UM, WHAT I'M SEEING WHEN I THINK I'M SEEING IS MORE EXPENSIVE ART AND I THINK WE'RE GOING TO SEE BIGGER DONORS.
IF YOU WANT, I'VE ALREADY OFFERED
I THINK WE HAVE A GOOD BASELINE.
I THINK THAT WHERE I THINK THERE'S A GOOD FOUNDATION.
IT'S NOT, IT'S NOT IMMEDIATE OF MUCH ATTENTION.
THE SABRA FOUNDATION, WE HAVE JOB, YOU KNOW JR.
[03:45:01]
THERE'S NO DOUBT ABOUT IT.THEY'LL ADD SOME RESIDENTS, YOU KNOW, THEY ARE SO DEDICATED TO THIS.
IT'S JUST NOT A CLOCK AND IT
SO WAIT, WE'LL SEE YOU TOMORROW, BUT I WANT TO THANK YOU, YOU KNOW, LESS
WE DON'T WANT TO GIVE THEM TOO MUCH CREDIT.
SO, UH, YOU KNOW, WE REALLY THANK YOU FOR WHAT YOU'VE DONE AND ALSO THANK YOU ALL FOR COMING TO TREEHOUSE.
SO MAYOR, IF I MADE A COUPLE OF THINGS THAT, UH, I I'VE NOTED AS PARKING LOT ITEMS THAT, UH, I WANTED TO SHARE, IF THERE'S ANYTHING ELSE THAT NEEDS TO BE ADDED, I'M HAPPY TO DO THAT.
BUT FIRST IS DISCUSSION AROUND COMPENSATION DISCUSSION AROUND THE TAX RATE.
AND THEN I KNOW THAT THERE WAS A CONVERSATION, UH, THAT, OR A QUESTION ABOUT WHETHER THE STREET FOR THE POST STREET AND WHAT THEIR EMPLOYMENT STATUS.
IS THERE ANYTHING ELSE THAT YOU THINK YOU'D GET COVERED, BUT UM, WHEN YOU TALK ABOUT COMPENSATION DOING A MARKET, ADDING A MARKET STUDY, THAT WOULD BE PART OF OUR CONGRESSMEN.
THOSE ARE THE ONES THAT I KNOW ABOUT.
I MEAN EMPLOYEE'S COMPENSATION X AWAY AND THEN YOU'LL THINK OF SOMETHING ELSE.
IF YOU DO THINK OF SOMETHING, PLEASE EMAIL.
ANYTHING ELSE? ARE WE GOING TO TALK ABOUT ANY OF THESE TONIGHT? I SORT OF LIKE TO, SO THAT WE CAN THINK ABOUT WHATEVER IT IS OVERNIGHT.
I LIKE TO TAKE A BREAK TO WHERE EVERYBODY ELSE HAS BEEN AT.
HE'S WE'RE GOING TO HAVE A SIGNIFICANT DISCUSSION ABOUT SOME OF THOSE COULD BE NICE TO AT LEAST GET THE TONICS OUT THERE.
YOU CAN KIND OF THINK ABOUT IT TONIGHT.
AND THEN THERE'S THE FOLLOW ON QUESTION.
IF WE WANT TO COME TO CLOSURE.
I HAVE A CONCERN THAT TOMORROW IT'S GOING TO BE, WE SHOULD BE TO ASK, WELL, WE DON'T, WE DIDN'T A MESSAGE.
AND SCOTT, SO WHAT POSSIBLE INFORMATION COMPARISONS, IF YOU WANT TO ADD NOW, I'D BE GLAD TO SHARE THE QUESTIONS
THAT'S I HAVEN'T I'LL TEE IT UP.
THE QUESTIONS THAT I HAVE THAT I'D LIKE TO TALK ABOUT TOMORROW ARE, AND YOU KNOW, THEY'RE THE SAME THINGS WITH SET, WHICH I GUESS I'LL START WITH THE COMPENSATION.
I'M SUPPORTIVE OF DOING SOMETHING AS A MERIT INCREASE.
AND SO WHAT I'M LOOKING FOR IS A CALIBRATION AS TO HOW MUCH.
AND SO ONE OF MY QUESTIONS WAS HOW MUCH DOES IT COST? AND I'VE GOT SOME DATA THAT I DON'T THINK ANYONE WATCHING THIS VIDEO WILL HAVE SEEN, BUT WE'VE SEEN SOME DATA THAT INDICATED THAT FIVE OF THE 13 COMPETITOR CITIES GAVE INCREASES SOMETHING LIKE EIGHT OF THEM ALL TO NOTE CIMBALOM AND BOYS AND INCREASE.
I DON'T HAVE THOSE EXACTLY RIGHT NUMBER.
ARE WE LOOKING AT? AND WHAT I'D LIKE TO SEE IS A ONE IN FRONT STAFF AS TO WHAT IT WOULD MEAN.
YOU KNOW, WHAT IF, AND AN ADDITIONAL QUESTION I TURNED IN TODAY WAS HOW DID WE END UP LAST TIME
[03:50:01]
ACROSS THE JOB FAMILIES? SO WHAT WAS THE PAY GAP IN TERMS OF BEING COMPETITIVE AND REACHING THE COMPETITIVE TARGET? WAS IT DIFFERENT FOR FIRE THAN FOR POLICE THAN FROM OTHER STAFF? SO WHAT DID THE SURVEY TELL US IN TERMS OF HOW MUCH OF THE GAP WE CLOSED? BECAUSE I THINK PART OF THE DISASTER HAS GOTTA BE NOT JUST, IS THERE AN INCREASE THAT, YOU KNOW, ARE WE THINKING IT'S THE SAME INCREASE FOR EVERYBODY OR IS THERE A REASON FOR A DIFFERENCE? AND THEN WHAT KIND OF A NUMBER ARE YOU INSIDE LOOKING FOR SOME DATA TO WRAP AROUND THAT, AND THEN WE'RE LOOKING FOR THAT, THE COST, YOU KNOW, UH, I'M I'M WITH YOU, YOU KNOW, I THINK THIS IS GREAT SPECIAL YEAR AS WHAT I KEEP ON SAYING.SO I'M NOT LOOKING FOR BIG INQUIRIES, BUT AT LEAST I THINK EVERY YEAR, YOU KNOW, THE PRICE GOES UP A LITTLE BIT.
SO IT'S JUST GO BY CPI INQUIRIES.
YOU KNOW, IT IS MORE THAN 1%, MAYBE ONE AND A HALF PERCENT.
SO, UH, JUST TO SAY IT'S VERY INCREASED, SOMETHING LIKE THAT, MORE REASONABLE ALSO I'M LOOKING AT NOT JUST FOR POLICE FIRE FOR EVERYONE, I'M LOOKING FOR, I'M COMING FROM, I'M LOOKING FOR EVERYONE TO GET.
MAYBE IT'S NOT THIS I'M INTERESTED IN WHAT THE LAST DATA SHOULD.
CAN YOU TALK ABOUT WHAT WE TALKED? WELL, LAST YEAR I'M TALKING ABOUT THE LAST SURVEY, 26, THE MARKET STUDY IN 2017, IT WASN'T A MARKET STUDY OF 2017.
IT WAS A COPY CLASSIFICATIONS.
BUT WHERE DO WE THINK WE ENDED UP IN A DIFFERENT JOB? SO WEIRD.
THAT'S A REQUEST THAT I WANTED TO TEE UP BECAUSE THAT'S WHAT I'M INTERESTED IN.
SO BASED ON WHAT THEY HAVE PRESENTED IN PLACE, YOU KNOW, HOW MUCH COST.
WELL, EVERYBODY WANTS TO KNOW.
WE CAN TELL YOU THE COST AND WE'LL BE PREPARED TO ASK THE ANSWER ONE, 1%, WHATEVER THE NUMBERS AND HALF OR 2% SEE HOW MUCH IT COSTS, BUT THAT'S THE INFORMATION YOU ARE ASKING FOR.
BUT I'M ALSO THINKING, I'M THINKING THE COUNCIL DISCUSSION SHOULD BE WHAT KIND OF PERCENTAGE, BUT ALSO, IS THERE A DIFFERENCE? IS THERE A DIFFERENCE IN WHAT'S BUDGETED FOR DIFFERENT FAMILIES? WHEN WE, WHEN WE LOOKED AT THE DATA AND THINK ABOUT THAT, WE DON'T HAVE TO DO IT, BUT I THINK THAT'S THE COUNCIL DISCUSSION.
AND THE DADDY YOU WANT TO LOOK AT IS 2017.
I'M LOOKING FOR THE BEST DATA TO HELP WITH THE DECISION.
THAT'S THE REQUEST I'M GOING TO SPECIFY.
AND THEN I'LL THROW OUT ONE OF THEIR THOUGHTS.
AND IT'S NOW RELATED TO THE TAX RATE.
AND WHAT STRUCK ME WHEN I WAS WORKING THROUGH THIS WAS THEN THE COST, THE RESIDENTIAL PROPERTIES WENT UP MORE AS A PERCENT OF THE COMMERCIAL PROPERTIES.
AND WHEN I GO THROUGH AND LOOK AT HOW MUCH IT'S GONE UP, YOU KNOW, THAT $133, WHICH DOESN'T SOUND LIKE AN AWFUL LOT IS ABOUT ALMOST A 7%.
IT'S AT LIKE A 6.9% INCREASE, WHICH ON TOP OF THE 9.3% WE HAD LAST YEAR, YOU KNOW, YOU'RE DEPENDING HOW YOU WANT TO PLAY WITH NUMBERS.
YOU CAN GET IT SOMEWHERE BETWEEN 15 AND 17%, OVER TWO YEARS, IT'S A PRETTY BIG INCREASE.
AND SO THE IDEA THAT I WOULD THROW OUT FOR EVERYBODY TO CHEW ON IS WHETHER WE SHOULD UP THAT AND THE NO RATE AT ALL THE OPERATIONS AND MAINTENANCE RATE, OR SHOULD WE HOLD THAT FLAT? SO INSTEAD OF IT BEING A 0.6, ONE OH THREE, SIX, SEVEN, IT'S A 0.671864, WHICH ISN'T HUGE.
IT WOULD TAKE ABOUT $30 OUT OF 133 THAT THE AVERAGE TAXPAYER PAYS, WHICH ISN'T A LOT OF MONEY, BUT AS WE KNOW, IT COMPOUNDS OVER TIME, OVER TIME, OVER TIME.
AND THE QUESTION THAT I'M PUTTING FORWARD RELATED TO THAT IS SHOULD WE FUND THIS OTHER OUT OF THE FUND BALANCE? CAUSE WE'VE GOT 46% FUND BALANCE AND THE JEFF TALKING ABOUT THE GENERAL YEAH, 45.9.
MY QUESTION IS IF WE DID THAT, WHICH HAD SOMETHING LIKE 250,000 HOURS, EXCUSE ME, RELATED TO THE LOWERING THE TAX.
AND THEN IT'S ABOUT 260 OR 280,000 RELATED TO EACH PERCENT.
DOES THAT LEAVE US IN A REASONABLE POSITION IF WE DO THAT? SO WHAT DO THE NUMBERS LOOK LIKE WHEN A PROFESSIONAL LOOKS AT THEM? THAT'S WHERE MY MIND IS GOING.
SO SHOULD WE LOWER THE TAX RATES SLIGHTLY? I UNDERSTAND THE FINE BALANCE WOULD COME DOWN SOME, SHOULD WE COVER COMPENSATION? AND HOW DID THE FUND BALANCE WRAPPING UP THE TAX RATE TO GO WITH IT? WE'RE JUST GOING TO SAY THE GENERAL FUND.
I'M TALKING REALLY GENERAL FUND SPINS THROUGH OTHERS, RIGHT?
[03:55:01]
THE BATTERIES AND RESIDENTIAL PROPERTY VALUE WENT UP ON THE CONTRARY INCOME RATIO WENT DOWN.SO WHEN YOU BASE EVERYTHING, RESIDENTIAL PROPERTY GOES UP.
SO, BUT YOU KNOW, I'M GOOD AT WITH THAT RECOMMENDATION, YOU KNOW, EVERYBODY CHEW ON THIS AND REALLY COME BACK TOMORROW AND IF WE COULD SEE WHAT IT WOULD MEAN,
IT'S NOT A RECOMMENDATION TO THIS POINT THAT I, THOSE ARE THE QUESTIONS.
I THINK WE NEED TO UNDERSTAND THE SEMANTICS HERE.
WE'RE NOT TALKING ABOUT ALRIGHT.
YEAH, I AM WELL THERE, YOU KNOW, IT'S NOT EXACTLY THE SAME.
WELL, NO, I'M, I'M, I'M SUGGESTING THAT WE'RE NOT TALKING ABOUT THEM.
IS THAT WHAT YOU'RE TALKING ABOUT? AS A MARKET, YOU CAN CALL IT WHAT YOU'D LIKE, BUT THERE'S SO MUCH CHANGE.
YOU CAN'T CALL IT WHAT YOU WANT.
YOU NEED TO BE SPECIFIC BECAUSE THEY ARE VERY THAT'S THAT'S MY POINT.
SO WE KEEP TALKING ABOUT MERIT.
WELL, WE'RE NOT TALKING ABOUT, WE'RE TALKING ABOUT ADJUSTING STUFF AND INFORMATION PROBABLY INFLATION, BUT IN ESSENCE, YOU KNOW, WAIT, YOU KNOW, THERE'S TWO COMPONENTS OF WHAT WE, AND LET'S KEEP IN MIND WHAT THE POLICY OF THIS COUNCIL IS, OKAY.
THAT WE'RE GOING TO PAY 1% HIGHER OVER THE AVERAGE BETTER THAN IS RIGHT.
AND THE OTHER THING I WANT TO REMIND YOU, COUNCIL IS WE DON'T PAY STEP RACES.
AND THESE OTHER CITIES, THEY'RE GONNA PAY STEP RATES.
SO WE MAY NOT LIKE, OH, ALL THIS, BUT WE CAN'T IGNORE THE MARKET.
WHEN WE'RE THE ONLY CITY, THAT'S NOT PAYING STEP PLACES FOR PUBLIC SAFETY.
AND THEY'RE GOING TO GET THEIR SNAP RAISE IS BECAUSE OF THE FIREMEN POLICEMEN WHO GETS THE 24 BUCKS IN 36 MONTHS OR WHATEVER THEIR PLAN IS NEXT YEAR, HE'S GOING TO GET RIGHTS.
AND UNDER OUR PROGRAM, THEY'RE NOT BECAUSE THERE IS NO MERIT AND WE'RE NOT TALKING ABOUT MERIT MONEY.
WE'RE JUST TALKING ABOUT MARKET ADJUSTMENTS.
YOU'RE TALKING ABOUT TERMINOLOGY, NO MARKETING, JASMINE, THE TERMINOLOGY.
I AGREE WITH WHAT YOU WERE BASICALLY SAYING, THE TERMINOLOGY ISN'T QUITE RIGHT.
YOU NEVER GIVE JUST A MARKET ADJUSTMENT.
AND IF YOU GIVE IT WITHOUT, IF YOU ALLOW SUPERVISORS TO DECIDE WHAT THE DIFFERENT AMOUNTS ARE FOR DIFFERENT PEOPLE, YOU CALL IT ALL A MERIT INCREASE.
AND THAT'S JUST A TERMINOLOGY CLARIFICATION.
I'M NOT DISAGREEING THAT WE NEED TO GET AN INCREASE.
AND I AGREE WITH YOU IN STEP INCREASES OUT THERE.
IT'S REALLY JUST CLARIFYING TERMINOLOGY.
WELL, I DIDN'T THEN MY RESPONSE TO THAT, WHAT WE'RE, WHAT WE'RE BEING TOLD ANECDOTALLY, IS IT, OUR RANGES ARE DEFICIENT.
SO IF MY POLICE OFFICER STARTS OFF AT 61 DEATHS AND SOMEBODY ELSE STARTS AT 65,000, THAT'S NOT A MERIT SITUATION.
NO, ONCE AGAIN, IT'S NOT OFFER RATES TO, FOR, BY PEOPLE.
THAT'S THE MINIMUM OFFER RATE.
THIS IS GONNA I'M IN THE CAMP OF GIVING A BIDDING INCREASES, BUT I CAN'T LET IT BE WELL, I THINK THE PROBLEM IS WE NEED TO ADDRESS THE RANGES AND THAT'S NOT MERIT BASED.
OUR POLICE OFFICER STARTS OFF AT 65,000 AND TOPS DOWN, WHATEVER, BECAUSE THAT'S BECAUSE THAT IS RIGHT.
THAT'S WHERE THE MARKET IS ON THIS REAL QUICK.
BEFORE WE START TALKING ABOUT, ABOUT WHAT THE MARKET SAYS, WE NEED TO TALK OR HAVE A CONVERSATION ABOUT THE DATA, RIGHT? SO, BECAUSE WITHOUT THAT, IT'S AN INCOMPLETE, BUT WE NEED TO UNDERSTAND THE TERMINOLOGY.
[04:00:01]
THAT'S THAT'S FINE.BUT, BUT WHAT I'M HEARING RIGHT NOW IS THE MARKET SAYS, YEAH, RIGHT? SO LET'S TALK, LET'S TALK ABOUT THAT.
SO, BECAUSE WE DON'T HAVE A SOUND SYSTEM, WE DON'T HAVE, WE DON'T HAVE A WARRANT.
WE BUDGETED ONE FOR FISCAL YEAR 20, 21.
AND I MADE THE DECISION NOT TO DO IT BECAUSE I WAS IN THE MIDDLE OF THIS YEAR, ESPECIALLY A YEAR.
SUPPOSEDLY WE NEED TO DO THE STUDY, YOU KNOW, FOR THE SPECIAL SITUATION, THE MONEY YOU DON'T HAVE TO SPEND IT DON'T SPEND.
SO, UM, YOU KNOW, I WOULD SUGGEST TODAY'S LEFT.
I HAVE DONE HAS GOOD INTENTIONS TO ALL WE CAN THINK ABOUT TONIGHT.
WE COME BACK TOMORROW WITH A CLEAN, FRESH IN MIND AND THEN WE'LL CONTINUE.
SO IF YOU HAVE SOME IDEA TODAY PICKED UP ON IT, IT'S ENOUGH TO SEND ME.
I ALREADY THOUGHT TWICE, THAT WOULD BE US GO WITH THE LESS YOU'LL GO BACK.
AND THE THING ABOUT IT, WHAT'S THE BEST WAY TO DO IT.
THEN THEY COME BACK AND THEY CAN, WHATEVER YOU CAN HELP.
IF HE CAN HEAR SOMETHING, SO AT LEAST PROVIDE SOME MORE ACCURATE DATA.
SO MARK, MARK, HE'S OUR FINANCE GUY WAS JUST HOW MUCH IT COSTS.
HE'S NOT GOING TO GIVE US IDENTIFY SOME INFORMATION FOR US.
CAN WE GIVE A, JUST A LAYMAN'S PRIMER, MERIT MARKET? TONY'S IVAN IS THE HUMAN RESOURCES PRO, BUT I NEED, I NEED HELP UNDERSTANDING SOME OF THESE TERMS, LAURIE.
THANK YOU SO MUCH FOR EVERYBODY BEING HERE TODAY AND THEN ALSO THE STAFF ON THE PHONE WITH US TOMORROW.