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Statistical Table of Contents
City of Georgetown 3 Year Benchmarking Comparison......................................................................195
Peer Benchmarking.............................................................................................................................196
Financial Ratio Comparisons ..............................................................................................................198
Certified Property Value......................................................................................................................200
Certified Taxable Assessed Values.....................................................................................................201
Tax Rates
Property Tax Rate Comparison..............................................................................................202
Combined Tax Rate – City of Georgetown.............................................................................202
Total Combined Tax Rate Comparison..................................................................................203
Sales Tax Revenue Analysis...............................................................................................................204
Sales Tax Revenue by Quarter...........................................................................................................205
Tax Revenues
Ten Year History ...................................................................................................................206
Combined Sales and Property Taxes.....................................................................................206
Population ...........................................................................................................................................207
Georgetown’s Top Ten........................................................................................................................207
Miscellaneous Statistical Data.............................................................................................................208
195
City of Georgetown
Three Year Benchmarking Comparison
2001/2002 2002/2003 2003/2004 2002/2003
vs
2003/2004
Population 34,273 35,300 36,359 2.91%
Area (Square Miles) 24.34 24.47 24.47 0.00%
General Fund Budget $17,604,112 $17,624,965 $19,366,090 8.99%
Sales Tax Collections $3,453,856 $3,650,000 $4,400,000 17.05%
Sales Tax Per Capita $101 $103 $121 14.88%
Current Tax Base $1,938,770,383 $2,116,042,131 $2,222,720,818 4.80%
Average Residential Value $156,390 $163,882 $159,271 -2.90%
Adopted City Tax Rate $0.30708 $0.30261 $0.32194 6.00%
Effective Tax Rate $0.28501 $0.29690 $0.31277 5.07%
Rollback Tax Rate $0.30708 $0.30261 $0.32685 7.42%
Operations & Maintenance $0.19949 $0.20307 $0.22177 8.43%
Debt Service $0.11259 $0.09954 $0.10017 0.63%
196
Peer Benchmarking
An important way to measure our economic condition is through benchmarking, which is a point of reference from
which measurements or progress can be made. Benchmarking measures our progress from a point in time and is
something that serves as a standard by which others may be measured.
Sales Tax Per Capita
$400
$320
$210
$148
$104
$52
$103
-
50
100
150
200
250
300
350
400
450
Ro
u
n
d
R
oc
k
Sa
n
Ma
rco
s
Te
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Kil
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C ed
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P
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k
Ge
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ge
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Pfl
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e
r
vill
e
Ad Valorem Revenue Per Capita
$187
$122
$223
$301
$262
$187
$166
-
25
50
75
100
125
150
175
200
225
250
275
300
325
Pfl
u
g
e
r
v
i
l
l
e
Ce
d
a
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P
a
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k
Ro
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R
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Sa
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M
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Ge
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g
e
t
o
w
n
Kil
l
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n
Te
m
p
l
e
Population
75,000
55,332
40,514
32,234
24,500
35,300
91,000
-
20,000
40,000
60,000
80,000
100,000
Kil
l
e
e
n
Ro
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nd
R
o
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k
Te
m
ple
Sa
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M
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Ge
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C ed
a
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P
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k
Pfl
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ge
r
v
i
l
l
e
Employees Per Capita
11.61
10.16
9.00 8.74
6.45
14.49
8.95
-
2
4
6
8
10
12
14
16
Sa
n M
a
r
c
o
s
Te
m
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Ge
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P
ark
Ro
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Kil
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Pfl
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le
197
Peer Benchmarking
Georgetown has chosen to measure itself against cities in the surrounding area that have similar size, location or
growth issues and benchmarks.
Assessed Valuation
(in billions)
$2.12
$1.17
$2.33
$4.98
$2.98
$1.92
$1.61
-
1
2
3
4
5
6
Ro
u
n d R
o
c
k
Te
m
p
le
Kil
l
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n
G e or g eto
w
n
Ce
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P
a
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Sa
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M
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c
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Pfl
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v
i
l
l
e
Assessed Valuation Per Capita
$53,846
$25,608
$59,678
$66,386
$59,945
$47,822
$39,661
-
20,000
40,000
60,000
80,000
Ro
u
n
d
R
o
c
k
G eo
r
g
e
t
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Ce
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P
a
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T e mp
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Pf l ug
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Sa
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M
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c
o
s
Kil
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e
n
General Fund Expenditures Per Capita
$737 $703
$646
$499
$436$442
$493
-
200
400
600
800
1,000San Marc os Roun d Rock T empl e Georg et ow n Cedar Park P flu ger v i ll e Killeen General Debt Per Capita
$172
$112 $110 $104
$50
$75
$99
-
20
40
60
80
100
120
140
160
180
200Ce dar Pa r k Rou nd Ro c k P f l u gerv i lle San Marcos Temple Ge o rget o wn Killeen
198
Financial Ratio Comparisons
Georgetown has chosen to measure its financial condition against cities in the surrounding area that have
similar size, location or growth issues. The acceptable levels referred to below are based on the City’s
Fiscal and Budgetary Policy. These indicators and benchmarks were added to the policy in 2003/04.
Fund Balance to Equity Ratio
0.31 0.30
0.25
0.30
0.160.18
-
0.05
0.10
0.15
0.20
0.25
0.30
0.35
S a n M a r c o s K i l l e e n
C e d a r P a r k
R o u n d R o c k
G e o r g e t o w n T e m p l e
Working Capital
(in millions)
$13.1
$25.4$25.4$35.6
$45.2
$148.8
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
R o u n d R o c k
T e m p l e
K i l l e e n
C e d a r P a r k
S a n M a r c o s
G e o r g e t o w n
Current Ratio
24.82
11.73
6.61 5.27 5.25
2.86
-
5.00
10.00
15.00
20.00
25.00
30.00
R o u n d R o c k K i l l e e n
T e m p l e
G e o r g e t o w n
C e d a r P a r k
S a n M a r c o s
Quick Ratio
24.81
11.49
6.17 5.21 4.50 4.50
-
5.00
10.00
15.00
20.00
25.00
30.00
R o u n d R o c k K i l l e e n
T e m p l e
G e o r g e t o w n
C e d a r P a r k
S a n M a r c o s
Fund Balance to Equity ratio is a function of fund
balance to equity for governmental type funds
(General Fund, Special Revenue, etc.)
Working capital is the liquid reserve available to
meet uncertainties. It is a function of current assets
less current liabilities.
Current ratio and quick ratio are measures of liquidity. Liquidity is an organization’s ability to convert
noncash assets into cash or to obtain cash to meet impending obligations. Current ratio includes inventories
and prepaid expenses, whereas the quick ratio excludes inventories and prepaid expenditures. A ratio of 1
or greater is an acceptable level for both ratios.
199
Financial Ratio Comparisons
Financial ratios provide meaningful data and help identify major trends in the City’s financial condition and
in comparison to surrounding communities.
Debt to Assessed Value
2.26%
1.55%
1.06%
2.01%1.97%
3.25%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
C e d a r P a r k
S a n M a r c o s
R o u n d R o c k T e m p l e K i l l e e n
G e o r g e t o w n
Debt Ratio
0.14
0.20
0.27
0.340.37
0.42
-
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
0.45
0.50
C e d a r P a r k
S a n M a r c o s K i l l e e n
G e o r g e t o w n T e m p l e
R o u n d R o c k
Enterprise Operational Coverage
2.05
1.73
1.56 1.54 1.45
1.18
-
0.50
1.00
1.50
2.00
2.50
C e d a r P a r k
R o u n d R o c k K i l l e e n T e m p l e
G e o r g e t o w n
S a n M a r c o s
Times Coverage Ratio
1.06
1.641.86
3.35
3.82
6.46
-
1.00
2.00
3.00
4.00
5.00
6.00
7.00
R o u n d R o c k K i l l e e n
G e o r g e t o w n T e m p l e
C e d a r P a r k
S a n M a r c o s
Debt due to assessed value is a ratio of the
assessed value to tax supported debt. A ratio of
less than 5 is acceptable.
The ratio of current liabilities plus long term debt
to total assets. A ratio of 1 or lower is
acceptable.
Number of times the utility debt service
requirements would be covered by the current
utility operating revenue net of current operating
expense. A ratio of 1.5 or greater is acceptable.
Enterprise operational coverage is a ratio of
operating revenue to operating expenses of the
City’s combined enterprise funds. A ratio of 1.25
or greater is acceptable.
200
Certified Property Value
Ten Year History
Fiscal Certified Tax Increase (Dec) Percent of
Year Assessed Value Rate In Value Levy Collected
1994 395,587,474 0.3600 5.72% 96.98%
1995 482,780,781 0.3600 22.04% 97.79%
1996 538,947,506 0.3700 11.63% 97.67%
1997 633,469,050 0.3800 17.54% 98.22%
1998 984,123,199 0.3500 55.35% 98.60%
1999 1,199,831,232 0.3500 21.92% 98.80%
2000 1,410,072,042 0.3400 17.52% 95.43%
2001 1,629,344,909 0.3141 15.55% 98.75%
2002 1,938,770,383 0.3071 18.99% 98.53%
2003 2,116,042,131 0.3026 9.14% 98.61%
2004 2,222,720,818 0.3219 5.04% N/A
Certified Assessed Values
-
500,000,000
1,000,000,000
1,500,000,000
2,000,000,000
2,500,000,000
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
201
Certified Taxable Assessed Valuation
By Class of Property
Class of Property Assessed Value Exemptions Total %
Residential 1,614,863,269 93,320,601 1,521,542,668 71.36%
Commercial 823,323,960 409,238,328 414,085,632 19.42%
Personal Property, Other 231,356,102 34,868,424 196,487,678 9.22%
2,669,543,331 537,427,353 2,132,115,978 100%
Uncertified under protest value 90,604,840
2,222,720,818
Residential
72%
Commercial
19%
Personal
Property, Other
9%
202
City Property Tax Rate Comparison
(Cities within the Central Texas Area)
City of Georgetown
$2.5688
Williamson
County
(.48181)
City of
Georgetown
(.32194)
$0
Georgetown
Independent
School District
($1.765)
Combined Tax Rate
.80
Belton (.7350)
Killeen (.7122)
.70
Pflugerville (.6450)
Temple (.6047)
.60
Leander (.5585)
.50
Austin (.4928)
San Marcos (.4710)
Cedar Park (.4681)
.40
Round Rock (.35712)
Georgetown (.3219)
.30
.20
5010,,,
203
Total Combined Tax Rate Comparison
(Cities within the Central Texas Area)
Combined Monthly Rates
(Utilities and Total Taxes on $159,271 Home)
$530
$531
$552
$556
$585
$518
$100 $200 $300 $400 $500 $600
GEORGETOWN
Austin
Round Rock
Pflugerville
Cedar Park
Leander
Combined Tax Rates
$0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50
GEORGETOWN
Austin
Round Rock
Temple
Cedar Park
Leander
Pflugerville
City School Community College County & Road
204
Sales Tax Revenue Analysis
Ten Year History
(Includes 1% general use only)
Population Revenues
Sales Tax
per capita
% change from
prior year
1994 17,741 1,425,100 80.33 16%
1995 18,500 1,623,370 87.75 14%
1996 20,300 1,896,310 93.41 17%
1997 24,000 2,159,689 89.99 14%
1998 25,500 2,415,396 94.72 12%
1999 26,400 2,858,475 108.28 18%
2000 30,359 3,416,760 112.55 20%
2001 31,038 3,526,862 113.63 3%
2002 34,273 3,453,856 100.77 -2%
*2003 35,300 3,650,000 103.40 6%
*2004 36,359 4,400,000 121.02 21%
Sales Tax Percent Change
16%
21%
6%
-2%
3%
20%
18%
12%
14%
17%
14%
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
5,000,000
1994 1995 1996 1997 1998 1999 2000 2001 2002 *2003 *2004
-5%
0%
5%
10%
15%
20%
25%
%
c
h
a
n
g
e
f
r
o
m
p
r
i
o
r
y
e
a
r
*Projected Revenues
Sales Tax per Capita
$80.33
$87.75
$93.41
$89.99
$94.72
$108.28
$112.55
$113.63
$100.77
$103.40
$121.02
$- $25 $50 $75 $100 $125 $150
19 9 4
1 995
19 9 6
1 997
19 9 8
19 9 9
2000
2001
2002
*2003
*2004
205
Sales Tax Revenue – By Quarter
(Includes 1% general use only)
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
October - December January - March April - June July - September
206
Tax Revenues
Ten Year History
Combined
Revenue City Rate Value Rate Levy Tax Total
1994 1,425,100 7.25% 395,587,474 0.3600 1,424,115 2,849,215
1995 1,623,370 7.25% 482,780,781 0.3600 1,738,011 3,361,381
1996 1,896,310 7.25% 538,947,506 0.3700 1,994,106 3,890,416
1997 2,159,689 7.25% 633,469,050 0.3800 2,407,182 4,566,871
1998 2,415,396 7.25% 984,123,199 0.3500 3,444,431 5,859,827
*1999 2,858,475 7.25% 1,199,831,232 0.3500 4,199,409 7,057,884
2000 3,416,760 7.25% 1,410,072,042 0.3400 4,794,245 8,211,005
2001 3,526,862 7.25% 1,629,344,909 0.3141 5,117,609 8,644,471
2002 3,453,856 7.75% 1,938,770,383 0.3071 5,953,576 9,407,432
**2003 3,650,000 8.00% 2,116,042,131 0.3026 6,403,355 10,053,355
**2004 4,400,000 8.00% 2,132,115,978 0.3219 6,863,281 11,263,281
*13 months - change in accounting accrual methodology per Governmental Accounting Standards Board
**Projected
Fiscal Year Sales Tax Property Tax
Combined Sales & Property Taxes
Property Tax
Sales Tax
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
1994 1995 1996 1997 1998 *1999 2000 2001 2002 **2003 **2004
207
Population
Georgetown’s Top Ten
*Does not include some major property owners whose
property is under protest as of date of certification.
TAXPAYERS
(per Certified Roll *)
Assessed
Taxpayer Value
1. Verizon Southwest $ 13,102,770
2. H E Butt Grocery Company 10,419,235
3. Rivery Partners 9,862,190
4. Hewlett Motor Company 8,923,207
5. Watersedge-Georgetown Ltd. 8,500,500
6. Republic Square Joint Venture 7,817,091
7. KH – Georgetown Partners Ltd. 7,531,034
8. Watersedge-Georgetown II Ltd. 7,429,814
9. Manitowoc Boom Trucks Inc. 7,420,211
10. Airborn Inc. 3,778,369
EMPLOYERS
Number of
Employer Employees
1. Georgetown ISD 1,200
2. Williamson County 1,038
3. Southwestern University 501
4. HEB (2) 477
5. Georgetown Healthcare System 382
6. Sun City Texas 375
7. City of Georgetown 373
8. Airborne, Inc. 232
9. Wesleyan Homes, Inc. 230
10. WalMart 140
TEN LARGEST WATER CUSTOMERS
000 Gallons
Customer Consumed
1. Sun City Association 304,453
2. Southwestern University 97,199
3. Chisholm Trail SUD 92,576
4. City of Georgetown 44,393
5. Georgetown ISD 27,663
6. Williamson County 22,047
7. Indian Creek Apartments 20,299
8. Georgetown Housing Authority 17,931
9. Wesleyan Homes 14,945
10. Georgetown Place Apartments 14,462
TEN LARGEST WASTEWATER CUSTOMERS
Customer Volume
1. Southwestern University 32,787
2. Indian Creek Apartments 19,969
3. Williamson County 19,313
4. Georgetown Housing Authority 17,767
5. Georgetown ISD 15,930
6. Wesleyan Homes 15,011
7. Wesleyan Homes 14,370
8. Georgetown Place Apartments 14,275
9. Georgetown Hospital 11,776
10. The Oaks Apartments 10,237
25,500
34,273 35,300 36,359
31,038
24,000
20,300
30,359
26,400
15,000
17,000
19,000
21,000
23,000
25,000
27,000
29,000
31,000
33,000
35,000
37,000
39,000
1996 1997 1998 1999 2000 2001 2002 2003 *2004
208
Miscellaneous Statistical Data
Form of government Council - Manager
Area 24.47 sq. miles
Miles of streets 343
Number of street lights 2,250
2002 average unemployment rate 6.20%
Total City employees 372.25
Number of parks 23
Acres of parks 380
Number of libraries 1
Number of library items in circulation 293,560
Number of Fire stations 4
Number of Firefighters 46
Number of Police stations 1
Number of Police officers 52
Number of Electric customers 15,100
Number of Water customers 14,125
Number of Wastewater customers 12,050
Number of Sanitation customers 12,600
Number of GISD Attendance Centers 14
# of Teachers 614
Average Years Experience 13
Student/Teacher Ratio 12.6
Total Number of Students 8,600
African-American 3.8%
Hispanic 27.0%
White 69.0%
Economically Disadvantaged 31.6%
Elevation 750 feet
Annual Average Temperature 68o
Monthly Average High Temperature 96o
Monthly Average Low Temperature 39o
Weather
Education
Utility Customers
Public Safety
Recreation and Culture
General City Information