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HomeMy WebLinkAboutAgenda_GGAF_12.02.2013Notice of Meeting for the General Government and Finance Advisory Board of the City of Georgetown December 2, 2013 at 2:00 PM at City Hall Main Floor Conference Room, located at 113 East 8th Street, Georgetown, TX The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADA). If you require assistance in participating at a public meeting due to a disability, as defined under the ADA, reasonable assistance, adaptations, or accommodations will be provided upon request. Please contact the City at least four (4) days prior to the scheduled meeting date, at (512) 930-3652 or City Hall at 113 East 8th Street for additional information; TTY users route through Relay Texas at 711. Legislative Regular Agenda A Review minutes from November 1, 2013 GGAF meeting. Danella Elliott, Executive Assistant B Purchase of 19 Replacement Panasonic Toughbook Computers from Paradigm System Solutions for $114,361. Mike Peters, IT Director C Authorizing payment of $147,010 for the City's pro-rata portion of the cost of operation of the Williamson Central Appraisal District. Micki Rundell, Chief Financial Officer D Consideration and possible action for the approval to purchase one Saber Mount Custom Pumper and one Wildland Pumper for Fire Services. The final sale price after trade-in and discounts will be $676,141.00. Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer E Consideration and possible action for the approval to declare two Fire trucks (550-06 1989 Spartan Quality Pumper and 550-16 2003 Pierce Quantum Pumper) surplus for the purpose of trade-in on new Fire trucks approved in the 2013/14 budget process. Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer F Consideration and possible action for the approval to purchase utility trucks and Police vehicles in the amount of $964,021.64. Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer G Consideration and possible action to recommend retaining an independent contractor to act as a project manager for the public safety complex construction. Wayne Nero, Police Chief H Review of proposed changes to the City's investment policy. Susan Morgan, CPA, Finance Director I Overview of the September 30, 2013 year end preliminary financial information and possible recommendation to staff on allocation of unexpected year-end fund balances. Micki Rundell, Chief Financial Officer CERTIFICATE OF POSTING I, Jessica Brettle, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general public at all times, on the ______ day of __________________, 2013, at __________, and remained so posted for at least 72 continuous hours preceding the scheduled time of said meeting. ____________________________________ Jessica Brettle, City Secretary City of Georgetown, Texas SUBJECT: Review minutes from November 1, 2013 GGAF meeting. Danella Elliott, Executive Assistant ITEM SUMMARY: FINANCIAL IMPACT: SUBMITTED BY: Danella Elliott, Executive Assistant ATTACHMENTS: Description Type 11.1.13 GGAF Minutes Cover Memo DRAFT Minutes of the Meeting of the GENERAL GOVERNMENT AND FINANCE ADVISORY BOARD (GGAF) City of Georgetown, Texas November 1, 2013 The General Government and Finance Advisory Board met on Friday, November 1, 2013 at the City Hall Main Floor Conference Room at 2:00 p.m. at 113 East 8th Street, Georgetown, Texas. MEMBERS PRESENT: Steve Fought, Chair, Tommy Gonzalez, Joe Pondrom, Karen Ivie A copy of these minutes, containing detailed information on the items listed below will be available in the Finance and Administration Office, located at 113 East 8th Street, Georgetown, TX and can be found online at http://agendas.georgetown.org/ Executive Session In compliance with the Open Meetings Act, Chapter 551, Government Code, Vernon’s Texas Codes, Annotated, the items listed below will be discussed in closed session and are subject to action in the regular session that follows. Regular Session – Called to order at 2:00 p.m. The GGAF Board may, at any time, recess the Regular Session to convene an Executive Session at the request of the Chair of the GGAF Committee for any purpose authorized by the Open Meetings Act, Texas Government Code Chapter 551.) 1. Review minutes from the September 25, 2013 GGAF Meeting – Danella Elliott, Executive Assistant Unanimously approved. 2. Consideration and possible action for the approval of the annual payment for the operation of the county wide radio communications system to Williamson County in the amount of $122,505.00 – Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer Paul Pausewang explained that in February 2008 the City Council approved entering into an interlocal agreement with Williamson County for the establishment, operation and maintenance of the Williamson County Radio Communications System. At this time, the useful life was expected to be 5-7 years. This agreement dissolved the old CWICS group which consisted of Williamson County, Georgetown, Round Rock, Cedar Park and Hutto, and established a Williamson County Radio Communication System. The agreement created an organizational and management structure for on-going administration, operation and maintenance of the system; and creates a budget process, strategic planning/budget forecasting process, as well as allocation of costs associated with operating, maintaining and upgrading the system In accordance with the agreement, Williamson County bills the City quarterly for operations and maintenance at a cost of $21.18 per radio per month. The City currently has 482 radios on the system. Staff is looking at alternatives and streamlining, but at the present time, Motorola is the only provider. The committee asked that Paul add this comment to the Council item. Unanimously approved. 3. Consideration and possible action to authorize the Police Department to proceed with the procurement of furniture for the Public Safety Operations and Training Center from Furniture for Business in the amount not to exceed $675,000 – Wayne Nero, Police Chief Cory Tchida informed the committee that this request is the interior furniture portion of the FFE for the Public Safety Operations and Training Center. The request includes all interior furniture for the new facility to include office spaces, conference rooms, EOC, training rooms, and public waiting areas. He clarified that they are not putting furniture in the unstaffed areas. The current proposal estimate is $618,229.89. There are still a few outstanding furniture items yet to be determined in other areas such as the public lobby, conference rooms, and misc items for storage. Unanimously approved. 4. Consideration and possible action to approve the Plan Documents and related materials for the City’s self-insurance plan to be implemented January 1, 2014. Micki Rundell, Chief Financial Officer Micki explained that the self-insurance plan documents need GGAF approval so they can go forward and get everything entered into the system, ready for implementation on January 1st. She commended Human Resources (HR) on providing numerous informational sessions, including having the consultants there to help with any questions. Micki said that she feels comfortable and believes this is going to be a really good thing for the City of Georgetown employees. She also thinks that employees have a better understanding of the process, and what will happen if they choose not to participate. Tommy highly suggested that we have employees sign a waiver stating that they understand that they will not be able to come back to the City of Georgetown’s plan until our next open enrollment period if they choose not to enroll. Steve asked Micki and HR to check into which would be most beneficial: (1) a fixed amount added to employee’s salary, or (2) an HSA contribution. The committee also emphasized that educating our employees is most important. Micki assured them that there have been many opportunities to attend informational sessions. Unanimously approved. 5. Consideration and possible action for the approval to purchase the following specialized vehicles and equipment. These purchases would be through a cooperative purchasing agreement. All the specialized vehicles and equipment were approved as part of the 2013/14 budget process - Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer Paul Pausewang explained that the items listed below are all part of a cooperative purchasing agreement. He briefly discussed each item, and the committee asked him to include justification and add an explanation, (i.e. replacement, held back, new, back-up) for the new vehicles when he presents this item to City Council. · 35G Mini Excavator from RDO Equipment through Buyboard in the amount of $47,576 budgeted amount $48,500 for Drainage/Stormwater Department. This is a new addition to the Fleet inventory. · CS 44 Vibratory Roller Compactor from Holt Caterpillar through Buyboard in the amount of $108,360 budgeted amount $110,000 for Street Department. This is replacing 134-25 roller in the Fleet inventory. · CB 24 Paving & Compaction Roller from Holt Caterpillar through Buyboard in the amount of $39,893 budgeted amount $44,000 for Street Department. This is replacing 134-26 in the Fleet inventory. · John Deere 5100E Tractor & bat wing mower from Couphal Prater through Buyboard in the amount of $59,745 budgeted amount $60,000 for Drainage/Stormwater. This is a new addition to the Fleet inventory. · Etnyre Centennial Distributor from Cooper Equipment through Buyboard in the amount of $166,812 budgeted amount $165,000 for Street Department. This is replacing 134-31 in the Fleet inventory. · 2100 Plus Sewer/Vac 12 Yard Truck from Kinloch Equipment through Buyboard in the amount of $318,389 budgeted amount $3380,000 for Water Department. This is replacing 110-11 in the Fleet inventory. · 2100 Plus Sewer/Vac 10 Yard Truck from Kinloch Equipment through Buyboard in the amount of $299,675 budgeted amount $325,000 for Water Department. This is a new addition to the Fleet inventory. · HD35A-22 Pressure Digger from Altec Industries through TxMAS in the amount of $322,413 budgeted amount $350,000 for Electric Department. This is replacing 106-13 in the Fleet inventory. · AT40M 40’ Bucket Truck from Altec Industries through TxMAS in the amount of $130,035 budgeted amount $130,000 for Electric Department. This is replacing 106-01 & 106-05 in the Fleet inventory. · These specialized vehicles and equipment were approved and budgeted in the Fleet ISF. · 35 Min Excavator & John Deere 5100E Tractor bat wing mower is budgeted in account number 500-5-0351-52- 705 · CS 44 Vibratory Roller, CB 24 Paving Roller and Etnyre Distributor is budgeted in account number 520-5- 0351-701 · HD35A-22 Pressure Digger, AT40M 40’ Bucket truck, 2100 Sewer/Vac 12 Yard Truck and 2100 Sewer/Vac 10 Yard Truck is budgeted in account number 520-5-0351-52-700 Unanimously approved. 6. Consideration and possible action for the approval of Third Party Engineering Testing and documentation for the Georgetown Public Safety Facility as required by Design Engineers and the Georgetown Building Code – Wesley Wright, Systems Engineering Director Wesley Wright explained that Terracon, the materials testing firm, does almost all testing for civil work. The Task Order covers all testing required for engineering certifications for Certificate of Occupancy and has been verified by the Architect, Structural Engineer and the Chief Building Official of the City of Georgetown. The Cost of the work is $ 59,392.00, and the Public Safety Working Budget has a line item for the additional testing in the amount of $70,000.00 which we will keep in case of additional testing requirements. Tommy asked that they check the grades. The drought has caused many failures in this part of the country, and he asked that just make sure the grades are verified. Unanimously approved. 7. Adjourned at 2:40 p.m. Public Wishing to Address Council On a subject that is posted on this agenda: Please fill out a speaker registration form. Clearly print your name and the letter of the item on which you wish to speak and present it to the Chair or Board Liaison, preferably prior to the start of the meeting. You will be called forward to speak when the Board considers that item. On a subject not posted on the agenda: Persons may add an item to a future Board agenda by contacting the Liaison prior to the creation of the agenda for the following meeting, with the subject matter of the topic they would like to address and their name. The Board Liaison can be reached at 512-930-3676 or by email at danella.elliott@georgetown.org Statutory Consent Agenda The Statutory Consent Agenda includes non-controversial and routine items that Board may act on with one single vote. A board member may pull any item from the Consent Agenda in order that the Board discuss and act upon it individually as part of the Regular Agenda. Legislative Regular Agenda The Board will individually consider and possibly take action on any or all of the following items: Adjournment The meeting was adjourned at 2:40 p.m. _____________________________________ Board Chair City of Georgetown, Texas SUBJECT: Purchase of 19 Replacement Panasonic Toughbook Computers from Paradigm System Solutions for $114,361. Mike Peters, IT Director ITEM SUMMARY: Staff requests purchase of 19 Panasonic Toughbook laptop computers to replace units that will be retired as part of the City's replacement of systems running Microsoft Windows XP. Microsoft's support for Windows XP is being discontinued in March 2014, and as a result the units are out of policy with Federal/State Criminal Justice Information Services (CJIS) requirements. The old Toughbooks are also out of warranty and will be disposed of. Paradigm is a Texas Department of Information Resources (DIR) vendor. FINANCIAL IMPACT: This replacement was budgeted as part of the FY 2014 budget process. Expenses will be recorded in account 570-5-0641-52-330. SUBMITTED BY: Mike Peters, IT Director ATTACHMENTS: Description Type Quote - Paradigm Solutions Backup Material Paradigm System Solutions Inc. - HQ Company: City of Georgetown Texas Attn: Rick Woodard Contact: Jess Henderson 12223 Wood Lake Drive Phone:512-930-8161 Burnsville, MN 55337 Mobile: (214) 675-4388 Toll Free: (877) 440-7774 www.paradigmssi.com Fax: (952) 882-9889 richard@paradigmssi.com Panasonic Rugged Laptops SRP Price Units Ext. Price CF-31WBLFHLM Win7 (Win8 COA), Intel Core i5-3340M 2.70GHz, vPro, 13.1" XGA Touch, $4,795.00 19 $91,105.00 500GB(7200rpm), 4GB, Intel WiFi a/b/g/n, TPM, Bluetooth, Dual Pass Upper:WWAN/Lower:Selectable), Smartcard, 4G LTE Multi Carrier (MC7355), GPS, Emissive Backlit Keyboard, No Drive, Toughbook Preferred Total $91,105.00 Peripheral and Warranty Options Price Units Ext. Price CF-SVCLTNF4Y $425.00 19 $8,075.00 $0.00 7160-0318-06 $799.00 19 $15,181.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total $114,361.00 COMMENTS: QUOTE DOES NOT INCLUDE TAX TAX (IF APPLICABLE) IS THE RESPONSIBILITY OF THE CLIENT PLEASE EMAIL PURCHASE ORDER TO: richard@paradigmssi.com TXDIR CONTRACT: SDD-1365 CITY OF GEORGETOWN TEXAS QUOTE - CF-31 10/31/2013 Panasonic Protection Plus - 4 Years Gamber Johnson MAG Dock for CF-31 - Dual High Gain - Power Supply Included City of Georgetown, Texas SUBJECT: Authorizing payment of $147,010 for the City's pro-rata portion of the cost of operation of the Williamson Central Appraisal District. Micki Rundell, Chief Financial Officer ITEM SUMMARY: The City is billed for its pro-rata cost of the operation of the Williamson Central Appraisal District. The pro-ration is based upon the ratio of the City's 2013 tax levy as a percentage of the total 2014 tax levy for all taxing entities served by the District (i.e. Williamson County). FINANCIAL IMPACT: The City's share of the cost of the Appraisal District is provided for and required by State Law. The City's 2013/14 cost is $147,010. Due to the increase in the City's overall tax levy, the 2013/14 payment is greater than was expected. The budget includes $139,750 for this line item (540-5-0302-51- 310), therefore, a Budget Amendment may be requested to offset this budget shortfall. SUBMITTED BY: Micki Rundell, Chief Financial Officer ATTACHMENTS: Description Type WCAD Resolution Backup Material Resolution No. _________ Page 1 of 1 Description: Authorizing WCAD Pro-Rata Portion Date Approved: January 22, 2013 RESOLUTION NO. ____________ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AUTHORIZING PAYMENT OF THE CITY’S PRO-RATA PORTION OF THE COST OF OPERATION OF THE WILLIAMSON CENTRAL APPRAISAL DISTRICT. WHEREAS, the City is assessed the pro-rated cost of the operation of the Williamson Central Appraisal District, as provided for and required by State Law. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution complies with the Vision Statement of the City of Georgetown 2030 Comprehensive Plan. SECTION 2. The City Council of the City of Georgetown hereby approves payment of the City’s pro-rated portion of the cost of operation of the Williamson Central Appraisal District, as provided for and required by State Law. RESOLVED this 10th day of December, 2013. ATTEST: THE CITY OF GEORGETOWN: ______________________________ _______________________________ Jessica Brettle By: George Garver City Secretary Mayor APPROVED AS TO FORM: ______________________________ Bridget Chapman City Attorney City of Georgetown, Texas SUBJECT: Consideration and possible action for the approval to purchase one Saber Mount Custom Pumper and one Wildland Pumper for Fire Services. The final sale price after trade-in and discounts will be $676,141.00. Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer ITEM SUMMARY: The Saber Mount Custom Pumper is replacing the 2003 Pierce Quantum Pumper which was scheduled for replacement in the Fleet ISF schedule. The Wildland Pumper is replacing the 2007 Brush truck. We are trading-in 1989 Quantum Pumper in its place. The 2007 Brush truck was scheduled for replacement in the Fleet ISF schedule, and will be held back as a reserve unit. Both of these trucks will be purchased through a cooperative purchasing agreement of BuyBoard # 399-12 from Siddons – Martin Emergency Group. The final sale price after trade-in and discounts will be $676,141.00. FINANCIAL IMPACT: These trucks were approved as part of the 2013/14 budget process: $600,000 from account number 520-5-0351-52-705 Bond funded equipment $ 76,141 from account number 520-5-0351-52-700 Vehicle ISF SUBMITTED BY: Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer ATTACHMENTS: Description Type Proposal Letter Backup Material 3500 Shelby Lane Denton, Texas 76207 GDN P115891 TXDOT Franchise No. A115890 EIN: 27-4333590 Proposal for Georgetown Fire Department Page 1 of 3 November 20, 2013 Georgetown Fire Department Chief John Sullivan 3600 DB Wood Road Georgetown, Texas 78628 RE: Proposal for (1) Saber Side Mount Custom Pumper and (1) Wildland Pumper; EP804488-381 and EP804488-370 Dear Chief Sullivan Siddons-Martin Emergency Group the licensed and authorized dealer for Pierce Manufacturing Inc. in the State of Texas is pleased to provide the following proposal for (1) Saber Side Mount Custom Pumper and (1) Wildland Pumper. This proposal is based on the accompanying proposal specifications, which are tailored to meet your needs. The proposal pricing is based on current BuyBoard #399-12 Contract and includes the fees associated with a Buy Board purchase. (1) Saber Side Mount Custom Pumper and (1) Wildland Pumper EP804488-381 and EP804488-370 Sales Price Pumper $426,241.00 Wildland Vehicle $357,900.00 $784,141.00 2003 Quantum Credit - $73,000.00 1989 Quality Credit – $20,000.00 -$93,000.00 Chassis Prepay Discount -$0,000.00 Partial Prepay Discount ($200,000 down per truck) Pumper Savings - $9,00000 Wildland Vehicle Savings - $6,000.00 -$15,000.00 Loose Equipment $00,000.00 Final Sales Price After Trade-In and Discounts $676,141.00 EP804488-381 and EP804488-370 Proposal for Georgetown Fire Department Page 2 of 3 To take advantage of prepayment discounts, payment must be made by December 23, 2013 The proposal pricing includes the delivery cost from Bradenton, Florida. Travel expenses for Two (2) of your personnel to travel to our factory for preconstruction and final acceptance are included. Delivery time for the proposed unit will be within 7.5 to 8.5 months from the date of order which will be the date a Purchase Order is received by Siddons-Martin Emergency Group. This proposal is valid for 60 days from the above date. Tax is excluded from this proposal. In the event the purchasing organization is not exempt from Sales Taxes or any other applicable taxes and/or the proposed apparatus does not qualify for exempt status, it is the duty of the purchasing organization to pay any and all taxes due. Balance of sales price is due upon acceptance of the apparatus at the factory. Payment must be remitted to: Payment Mailing Address Payment Wiring Information Siddons-Martin Emergency Group Available Upon Request P.O. Box 23042 Waco, TX 76702 Fed Tax ID 27-4333590 Any changes to the original specification will be invoiced or credited as a separate transaction from the original proposal. A late fee of .033% of the sale price will be charged per day for overdue payments beginning ten (10) days after the payment is due for the first 30 days. The late fee increases to.044% per day until the payment is received. In the event of a Prepayment received after the due date above, the discount will be reduced by same percentages above increasing the cost of the apparatus. In the event this proposal is accepted and a purchase order is issued then cancelled or terminated by Georgetown Fire Department before completion, Siddons-Martin Emergency may charge a cancellation fee. The following charge schedule based on costs incurred may be applied: (a) 10% of the Purchase Price after order is accepted and entered by Pierce; (b) 20% of the Purchase Price after completion of the approval drawings; (c) 30% of the Purchase Price upon any material requisition. EP804488-381 and EP804488-370 Proposal for Georgetown Fire Department Page 3 of 3 The cancellation fee may increase accordingly as costs are incurred as the order progresses through engineering and into manufacturing. Siddons-Martin Emergency endeavors to mitigate any such costs through the sale of such product to another purchaser; however, the customer shall remain liable for the difference between the purchase price and, if applicable, the sale price obtained by Siddons-Martin upon sale of the product to another purchaser, plus any costs incurred by Siddons- Martin to conduct such sale. In an effort to ensure the above stated terms and conditions are understood and adhered to, Siddons-Martin requires an authorized individual from the purchasing organization to sign and date this proposal and include it with any purchase order. Upon signing of this proposal, the terms and conditions stated herein will be considered binding and accepted by Georgetown Fire Department. The terms and acceptance of this proposal will be governed by the laws of the state of Texas. Venue of any claim regarding this proposal will lie in the county Georgetown Fire Department is located. No additional terms or conditions will be binding upon Siddons-Martin Emergency Group unless agreed to in writing and signed by a duly authorized officer of Siddons-Martin Emergency Group. Sincerely, Travis Walden Travis Walden Sales Representative 512-848-5847 Travis.walden@siddons-martin.com I, ______________________________, the authorized representative of Georgetown Fire Department, agree to purchase the (1) Saber Side Mount Custom Pumper and (1) Wildland Pumper and agree to the terms of this proposal. _______________________________________________ ________________________ Signature Date City of Georgetown, Texas SUBJECT: Consideration and possible action for the approval to declare two Fire trucks (550-06 1989 Spartan Quality Pumper and 550-16 2003 Pierce Quantum Pumper) surplus for the purpose of trade-in on new Fire trucks approved in the 2013/14 budget process. Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer ITEM SUMMARY: Staff recommendation is to declare these two Fire trucks surplus and sell to Siddons-Martin Emergency Group. The 1989 Spartan Quality Pumper will be sold for $20,000.00 the 2003 Pierce Quantum Pumper will be sold for $73,000.00. The $93,000.00 will be used to offset the purchase price of two new Fire trucks. FINANCIAL IMPACT: The reduction $93,000.00 off of the overall sale price of two new Fire Trucks. SUBMITTED BY: Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer ATTACHMENTS: Description Type Trade-in Value Letter of Proof Cover Memo 3500 Shelby Lane Denton, Texas 76207 GDN P115891 TXDOT Franchise No. A115890 EIN: 27-4333590 September 18, 2013 Georgetown Fire Department 3600 DB Wood Rd Georgetown, Texas 78628 Dear Chief Shell, This letter will serve as proof that Siddons-Martin Emergency group will take in on trade one (1) 2003 Pierce Quantum Pumper in the amount of $73,000.00, and one (1) 1998 Spartan Quality Pumper in the amount of $20,000.00. Sincerely, Travis Walden Travis Walden Sales Representative 512-848-5847 Travis.walden@siddons-martin.com City of Georgetown, Texas SUBJECT: Consideration and possible action for the approval to purchase utility trucks and Police vehicles in the amount of $964,021.64. Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer ITEM SUMMARY: These vehicles will be purchased through cooperative purchasing agreements and have been included in the 2013/14 Annual Budget as either replacement of existing vehicles with the Fleet ISF or as new additions. The detail of the vehicles to be purchased in this item includes: 1. 1 ton single rear wheel truck with utility bed through Buyboard in the amount of $33,610; budgeted amount is $37,000 for the Water Department. This is replacing 108-28 in the Fleet inventory. 2. 1 ton single rear wheel truck with utility bed & crane through Buyboard in the amount of $51,013; budgeted amount is $52,500 for the Water Department. This is replacing 108-13 in the Fleet inventory. 3. 1 ton single rear wheel truck extended cab with utility bed through Buyboard in the amount of $35,682; budgeted amount is $37,000 for the Water Department. This is replacing 108-09 in the Fleet inventory. 4. 1 ton single rear wheel truck with utility bed & tail gate lift through Buyboard in the amount of $36,810; budgeted amount is $42,000 for the Wastewater Department. This is replacing 110-29 in the Fleet inventory. 5. 1 ton single rear wheel truck with utility bed & overhead rack through Buyboard in the amount of $35,810; budgeted amount is $35,000 for the Facilities Department to be used by the new Facilities technician, approved in the 2013/14 Annual Budget, that will be hired next summer. This is a new addition to the Fleet inventory, and is funded with cash on hand within the Fleet ISF. 6. 1 ton dual rear wheel truck with flatbed through Buyboard in the amount of $34,250; budgeted amount is $35,000 for the Electric Department. This is a new addition to the Fleet inventory and is funded from a transfer from the Electric Fund. 7. Ford F-350 4 door 4 wheel drive through Buyboard in the amount of $48,919.75; budgeted amount is $55,000 for Fire Services. This is replacing 550-11 in the Fleet inventory. 8. Ford F-250 with animal control unit through Buyboard in the amount of $34,260.71; budgeted amount is $35,000 for Animal Services. This is replacing 266-04 in the Fleet inventory. 9. Ford F-250 crew cab with undercover lighting package through Tarrant County cooperative bid in the amount of $26,042.42; budgeted amount is $25,000 for Police Services. This is replacing 864- 127 in the Fleet inventory. 10.10 Police Interceptor SUV Utility vehicles through Tarrant County cooperative bid in the amount of $495,616.60 (individual cost of $49,561.66); budgeted amount is $465,000 (individual budget amount $46,500) for Police Services. These are replacing 10 retiring units in the Fleet inventory. 11. 4 unmarked Police Interceptor SUV Utility vehicles through Tarrant County cooperative bid in the amount of $131,989.16 (individual cost of $32,997.29); budgeted amount is $140,000 (individual budget amount $35,000) for Police Services. These are replacing 4 retiring units in the Fleet inventory. Out of the 23 vehicles requesting approval to purchase 21 of this are replacements and 2 new additions. FINANCIAL IMPACT: These vehicles were approved and budgeted for the 2013/14 in the Fleet ISF. Line items as follows: Items 1 – 7 are budgeted in account number 520-5-0351-52-700 Fleet ISF. Items 8 – 11 are budgeted in account number 520-5-0351-52-705 Bond Funded Equipment. SUBMITTED BY: Paul Pausewang, Support Services Manager and Micki Rundell, Chief Financial Officer ATTACHMENTS: Description Type Vehicle Quotes Cover Memo City of Georgetown, Texas SUBJECT: Consideration and possible action to recommend retaining an independent contractor to act as a project manager for the public safety complex construction. Wayne Nero, Police Chief ITEM SUMMARY: The on staff project manager that was assisting with the Public Safety Operations and Training Facility project is no longer with the City of Georgetown. We need someone to act as the City of Georgetown's representative on site due to the complexity of the project. There is currently no other staff member with adequate experience and expertise to fill the position and this must be filled due to the risk for the City. Under the circumstances, the most expeditious way to fill the position is to hire an outside project manager. FINANCIAL IMPACT: SUBMITTED BY: Wayne Nero, Police Chief City of Georgetown, Texas SUBJECT: Review of proposed changes to the City's investment policy. Susan Morgan, CPA, Finance Director ITEM SUMMARY: The City's financial investments are guided by the City's investment policy, which was created in compliance with Chapter 2256 of the Texas Government Code. This state law requires that a governing body review its investment policy annually. Staff will review the policy, investment activity during the 2012/13, investment strategies and provide a market review & outlook by the City's investment advisor. The City's policy was last reviewed by Council on January 22, 2013. The proposed changes to the policy include only one minor adjustment to update the policy for a broker dealer name change. The Texas Legislature made no changes during its 2013 session; therefore, there are no state legislative updates at this time. FINANCIAL IMPACT: SUBMITTED BY: Susan Morgan, CPA, Finance Director ATTACHMENTS: Description Type Redline copy of Investment Policy Cover Memo Investment Policy Review Presentation Cover Memo 11/27/2013 1 Investment Policy Review and Portfolio Summary GGAF December 2, 2013 City of Georgetown • Requires written investment policy that meets PFIA • Investment policy – Must be approved by Council – Must be reviewed annually by Council • Investment strategies & objectives must be outlined • Investment officers must be designated • Mandates training for investment officers PFIA Requirements 11/27/2013 2 • Specifies the type of securities allowed – No derivatives – City policy can be and is more restrictive • Regular reporting of investments – Minimum information items required • Compliance audit as part of annual financial audit – Focus on management controls and adherence to approved investment policy – Quarterly investment report reviewed PFIA Requirements • Government Accounting Standards Board (GASB) Statement No. 31 – Establishes accounting and financial reporting standards for all investments held by governmental entities – Requires portfolios be reported at fair market value at year-end – Requires a gain or loss (as income or expense) be reported on City’s annual financial statements. Financial Reporting Requirements 11/27/2013 3 • City Strategy – Hold investments to maturity – GASB 31 – unrealized loss or gain – “Paper” entry only with no real gain or loss Financial Reporting Requirements •In priority order •Safety Preservation and safety of principal • Liquidity Sufficient cash to pay obligations when due • Public Trust No investments that may be questionable by public • Yield Maximize earnings within policy Investment Policy Objectives 11/27/2013 4 • Financial Institution Deposits • US Treasuries and Agencies • Investment Pools – AAA Rated & Mark to Market daily • Money Market Mutual Funds • Repurchase Agreements • Texas Municipal Issuers – Rated “A” or better • Other Investments approved by Council Authorized Investments • Certified by the Government Treasures of Texas (GTOT) – Best practices - model policy guidelines • Part of Independent Auditor’s work – Review for compliance with all legal requirements – Opinion Letter in Comprehensive Annual Financial Report (CAFR) Investment Policy Compliance 11/27/2013 5 • No state legislative changes to the PFIA or PFCA this past session • Minor editing change – Broker/Dealer name change • Staff will continue to monitor for policy issues and federal changes Review Proposed Changes Year in Review - 2013 • Interest earnings declined overall – Federal Reserve tapering rumors created flight to short term market that is on-going – Compressed daily and short term rates – For example – TexPool dropped from a high of approximately 14 basis points to current range of 4.5 bp • Continued laddered CD purchases City of Georgetown 11/27/2013 6 Year in Review - 2013 • Added BBVA Compass Money Market Mutual Fund in March 2013 – Earning 28 bp at 9/30/13 • Full FDIC guarantee provisions of Dodd- Frank act expired on Jan 1, 2013 – Shifted to collateralized deposits – Still getting 25 – 30 bp fee credit for maintaining balances at depository City of Georgetown Portfolio By Type By Quarter City of Georgetown 11/27/2013 7 Portfolio By Entity By Quarter City of Georgetown Investment Strategy • Review 3 year cash flow model • Review project schedule for bond proceeds – Example: PSOTC • Identify our core, intermediate and liquidity balances • Invest on a laddered approach City of Georgetown 11/27/2013 8 Investments at 9/30/13 City of Georgetown Investment Strategy – 2013/14 • Continue to pursue best rate of return for City’s investments, while adhering to investment policy and objectives • CDs are still offering best rates for longer term investments • Continue to use depository fee credits and pools to ensure return on all idle funds 11/27/2013 9 Investment Strategy – 2013/14 • Use of bond reimbursement resolutions to manage: – debt issues – arbitrage rebate liability • Continue monitoring collateralization Market Update Susan Anderson Valley View Consulting, L.L.C. City’s Investment Advisor 11/27/2013 10 2007 through 2013 – Rates Remain At Historical Lows 19 Yield on 3-Month and 1-Year Treasury Bills vs. Fed Funds Rate January 2007 – November 2013 % Rates Fell During 2013 – Are We Near the Bottom? 20 % 11/27/2013 11 Employment Recovery is Slow 21 Housing Improving, but susceptible to rising rates 22 11/27/2013 12 Consumers Are Key, But They Are Concerned 23 Investment Policy Review Questions/Comments City of Georgetown, Texas SUBJECT: Overview of the September 30, 2013 year end preliminary financial information and possible recommendation to staff on allocation of unexpected year-end fund balances. Micki Rundell, Chief Financial Officer ITEM SUMMARY: Staff will provide a presentation reviewing the year end results of 2012/13 and an overview of trends for the new fiscal year. A preliminary year end 2013 projected versus actual fund balance/working capital report is included. These balances are preliminary and un-audited. The City's external auditors, CliftonLarsonAllen have been on-site to audit the City's 2012/13 financial records. The final, audited financial statements will be completed by January 31, 2013 and presented in late February. 2013/14 YE Major Fund Highlights include: General Fund: $1,690,986 increase in fund balance due to: Sales tax revenues 12.6% > then PY, with majority of increase occurring the second half of the fiscal year. Sales tax collections are 2 months in arrears, therefore, the YE projections were made in June 2013 when only revenues through April had been received. Master Development Fee from Terra Vista (MUD 15) was received in the last quarter of the fiscal year. These fees are paid by when MUD bonds are issued by a Georgetown approved MUD as compensation to the City for allowing a MUD to be created within its ETJ. This is the first Master Development Fee payment the City has received. Other revenues are within 0.3% of projections. Expenditures are within 0.4% of projections. Electric Fund: $1,073,157 increase in fund balance due to: CIP project timing that will require a roll forward budget amendment. Remaining variance due to greater margin on purchased power costs. Water Services Fund: $5,196,015 increase in fund balance due to: $3.6MM timing of CIP projects that will be rolled forward into 2013/14. Higher development related review including impact fees that will fund future capital improvements. Savings in utility costs at the plants and other operating expenses All other variances are related either to CIP projects timing or other operational savings. For Special Revenue Funds, all Fund Balances are projected to be spent; therefore, the increases are as expected. Staff will also present potential options for Council consideration to allocate this unexpected General Fund increase in fund balance to address items included in the 2013/14 Annual Budget or other issues that have been discussed by Council in the past year to include: Using excess funds to “cash fund” projects/equipment within the 2013/14 Annual Budget that were planned to be funded with bonds to be issued in May 2014. This includes various Park capital maintenance projects, such as major repairs to neighborhood pools and VFW Park, as well as, purchases of Public Safety vehicles including fire apparatus. By not issuing bonds, particularly short term bonds that fund vehicles and equipment, future tax rates (including the upcoming 2014 rate) will be positively impacted since there will be less outstanding debt to be funded by tax revenues, thus indirectly lowering future tax rates. Reserve a portion of these funds to start a perpetual care fund to begin addressing future Cemetery costs. Reserve up to $100,000 of these funds to further build the self-insurance reserves, thus mitigating potential risks in the future. Replace funds used in 2013 to address the recent street maintenance issues that required reallocating funding for planned street maintenance projects in 2014. Leave the funds as is within the General Fund for appropriation during the 2014/15 Annual Budget process. OTHER CONSIDERATIONS: Staff is requesting a possible recommendation from GGAF as to potential uses of the YE General Fund expected funds to be presented to City Council on December 10. A 2012/13 & 2013/14 Budget amendment will be presented in January 2014, once all 2012/13 numbers are finalized for the CIP projects that should roll forward into the current year. FINANCIAL IMPACT: SUBMITTED BY: Micki Rundell, Chief Financial Officer ATTACHMENTS: Description Type Variance Report Cover Memo 11/27/13 Preliminary YE 2012/13 Variance Report CITY OF GEORGETOWN 10/01/13 Beginning Fund Balances/Working Capital ACTUAL VS PROJECTED Projected YE Preliminary per Budget Actual $ 10/1/2013 10/1/2013* Variance Explanation GENERAL FUND: General - Fund Balance 9,721,956 11,412,942 1,690,986 Revenues: General Fund - All other revenues 34,512,123 34,617,939 105,816 Revenue projections within 0.3% of Actual General Fund - Sales tax 9,445,000 10,007,841 562,841 Total sales tax - 1% & 0.125% property tax relief, net of 380 agreements GF - Tera Vista MUD dev fees - 728,700 728,700 One time receipts for MUD debt issues under master development agreement GF Revenues - Total 43,957,123 45,354,480 1,397,357 Expenses: Downtown & Community Services 8,147,039 7,910,212 236,827 Salary savings & expenditures lower than projected Finance & Administration 505,331 501,629 3,702 Fire 8,677,230 8,651,518 25,712 Workers' comp & SUTA savings GUS 6,085,751 5,821,550 264,201 Sanitation contract lower than projections, but offset with lower revenues Management Services 2,576,794 2,610,247 (33,453) Project timing, but within adopted budget Police 10,990,649 10,956,928 33,721 Salary savings higher than projected Transportation 3,345,741 3,710,151 (364,410) Timing of street projects GF Division Expenses - Total 40,328,535 40,162,235 166,300 Expense projections within 0.4% of Actual OTHER GOVERNMENTAL FUNDS: General Debt Service 1,291,972 1,055,655 (236,317) 2012A GO issue not included in budget (issued Oct 2012) General Capital Projects 22,486,616 15,498,711 (6,987,905) Timing of PSOTC - roll forward budget amendment in January 2014 SPECIAL REVENUE FUNDS: Note: Projections for SRF's assume total available budgted funds to be spent by fiscal year end. Tourism Fund (unreserved) 449,636 501,262 51,626 HOT tax revenues higher than projected Street Maintenance Tax 1,419,497 1,746,814 327,317 Additional sales tax revenues Permitting 11,048 10,667 (381) Capital Grants SRF (Sidewalks) - (19,968) (19,968)Reimbursement lower than projected in 12/13, future revenues will offset Animal Services 71,219 152,683 81,464 Expenditiures less than projected Library Restricted 37,122 27,312 (9,810)Expenditiures greater than projected - FB available Main Street Façade 68,986 90,132 21,146 Timing of Façade grant awards Parks Restricted 152,138 715,269 563,131 Timing of CIP - roll forward budget amendment in Jan 2014 Police Restricted 29,428 100,376 70,948 Expenditures less than projected Fire Billing SRF 115,462 147,472 32,010 Expenditiures less than projected Conservation SRF 445,360 476,027 30,667 Revenues higher and expenditures less than projected Downtown Master Plan 4,093 3,154 (939) Cemetery 44,532 83,707 39,175 Expenditures less than projected Court Fees SRF 44,082 66,332 22,250 Expenditures less than projected TIRZs 95,157 102,187 7,030 Tax collections greater than projected PEG Fee SRF - 67,008 67,008 New fund for the PEG Fee *Fund Balance totals do not include contingency reserves. 11/27/13 Preliminary YE 2012/13 Variance Report CITY OF GEORGETOWN 10/01/13 Beginning Fund Balances/Working Capital ACTUAL VS PROJECTED, continued Projected YE Preliminary per Budget Actual $ 10/1/2013 10/1/2013* Variance Explanation INTERNAL SERVICE FUNDS: Facilities Maintenance Fund 506,788 505,754 (1,034) Fleet Management 999,761 1,168,738 168,977 Timing of motorcycle replacement - roll forward BA in Jan 2014 Joint Services 269,246 225,397 (43,849) Comp Study transfer lower than projected - still within adopted budget Information Services 312,319 317,693 5,374 ENTERPRISE FUNDS: Airport - Fund Balance 260,293 325,435 65,142 Revenues: Operating 3,038,536 2,907,361 (131,175) Lower than projected fuel sales Non-Operating 6,164 6,164 - Expenses: Operating 3,138,861 2,942,568 196,293 Fuel and other expenses less than projected Non-Operating 162,998 163,154 (156) Electric Services - Fund Balance 9,906,024 10,979,181 1,073,157 See below Revenues: Operating 57,358,101 56,219,996 (1,138,105) Lower revenues due to passing lower purchased power costs to customers Non-Operating - - - Expenses: Operating 48,005,313 46,781,058 1,224,255 Lower purchased power costs due to new contracts Non-Operating 6,272,055 5,287,190 984,865 Timing of CIP - roll forward budget amendment in Jan 2014 Water Services - Fund Balance 16,152,460 21,348,475 5,196,015 See below Revenues: Operating 28,781,994 29,253,307 471,313 Higher development related growth Non-Operating 634,250 750,952 116,702 Expenses: Operating 19,892,989 18,927,796 965,193 Lower then projected utilities and operating expenses Non-Operating 10,732,985 7,090,178 3,642,807 Timing of CIP - roll forward budget amendment in Jan 2014 Stormwater Drng - Fund Balance 972,272 1,333,163 360,891 See below Revenues: Operating 2,186,514 2,212,919 26,405 Non-Operating 127,500 - (127,500)Timing of grant project Expenses: Operating 1,636,834 1,394,928 241,906 Timing of grant project Non-Operating 1,112,716 892,636 220,080 Timing of CIP - roll forward budget amendment in Jan 2014 *Fund Balance totals do not include contingency reserves.