HomeMy WebLinkAboutAgenda_GVPID_07.09.2018Notice of Meeting for the
Georgetown Village Public Improv ement District
of the City of Georgetown
July 9, 2018 at 6:00 PM
at West Side Serv ice Center, located at 5501 Williams Dr Georgetown, TX 78633
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REVISE D AGENDA
Regular Session
(This Regular S es s io n may, at any time, b e rec es s ed to convene an Exec utive S es s io n fo r any p urpose
authorized b y the Op en Meetings Act, Texas Go vernment Co d e 551.)
A Co nsideration and possible actio n to approve the minutes o f the June 11, 2018 regular meeting - Karen
Fro s t, Rec o rd ing S ecretary
B Dis cus s ion and pos s ible recommend ation to the Co uncil o n the annual review of the Georgetown Village
Public Imp ro vement District No . 1 (GVPID) S ervic e and Assessment P lan, as p art o f the annual b udget
proc es s . – Oc tavio Garza, Pub lic Wo rks Direc to r and La'Mar Kemp , S enior Acc o untant
C Pres entatio n o f the Geo rgeto wn Village Pub lic Imp ro vement District (G VP ID) mo nthly financ ial reports
for the mo nth o f June 2018. La'Mar Kemp
D Co nsideration and possible actio n o f hos ting an Open Ho use fo r the purp o s e of p res enting the
Georgetown Village Master P lan. Octavio Garza, P ublic Works Director
E Pro ject Updates - Octavio Garza, Pub lic Works Directo r
F Developer's Up d ate - Gary Newman
Adjournment
CERTIFICATE OF POSTING
I, Shelley No wling, C ity S ecretary fo r the C ity of Geo rgeto wn, Texas , d o hereby c ertify that this Notice of
Meeting was p o s ted at City Hall, 113 E. 8th Street, a p lace read ily acc es s ible to the general p ublic at all times ,
on the ______ d ay o f __________________, 2018, at __________, and remained so p o s ted fo r at leas t 72
c o ntinuo us ho urs p receding the sc heduled time o f s aid meeting.
____________________________________
S helley No wling, City Sec retary
Page 1 of 18
City of Georgetown, Texas
Georgetown Village Improvement District
July 9, 2018
SUBJECT:
Cons id eration and p o s s ib le ac tion to approve the minutes of the June 11, 2018 regular meeting - Karen
Frost, Rec o rding Sec retary
ITEM SUMMARY:
FINANCIAL IMPACT:
.
SUBMITTED BY:
Karen Fro s t, Rec o rd ing S ecretary
ATTACHMENTS:
Description Type
Minutes _GVPID_06.11.2018 Backup Material
Page 2 of 18
Georgetown Village PID Page 1 of 3
June 11, 2018
City of Georgetown, Texas
Georgetown Village Public Improvement District Advisory Board Meeting
Minutes
Monday, June 11, 2018 at 6:00 p.m.
West Side Service Center located at 5501 Williams Dr. Georgetown, TX 78633
Members present: Norma Baker; Melinda Marler, Chair; Cara McKinney; Marlene McMichael,
Vice-chair; Gary Newman, Developer Rep; and Marsi Liddell, Alternate
Members Absent: Penny Evans, Developer Rep; Katie Porter; and William Laing, Alternate
Staff present: Jim Briggs, General Manager of Utilities; Eric Nuner, Asst. Parks Director;
Octavio Garza, Public Works Director; La’Mar Kemp, Senior Accountant; and Karen Frost,
Recording Secretary.
The meeting was called to order by Chair Marler at 6:02 p.m. She asked each board member to
introduce themselves.
A. Consideration and possible action to approve the minutes of the May 14, 2018 regular
meeting.
Motion by Newman, second by McMichael to approve the minutes with corrections. On
page 2, Laing spoke about Madrone Park, not Rowan Park, should be maintained as well.
And that Rowan Park is used a lot. Then on the last paragraph, Newman and Evans will
come off the board when the last KB Homes are completed and sold, not when platted.
Approved 5 – 0. (Porter and Evans absent.)
B. Presentation of the Georgetown Village Public Improvement District (GVPID) monthly
financial reports for the month of May 2018. La'Mar Kemp
Kemp reviewed the financial reports and stated that approximately $120,000 will be rolling
over from this year’s budget to next year’s budget. No action was taken.
C. Discussion and possible recommendation to Council of the draft FY 2019 GVPID Budget.
Jim Briggs, General Manager of Utilities
Briggs presented the draft proposed budget as the board had voted on at the previous
meeting. Baker suggested moving the Shell Landscape line item from Contingency to the
Projects line item and to move Madrone Park from the Projects line item to Contingency.
The Chair was very concerned about the original motion that was made to accept the budget
and expressed that she wanted to revisit the items chosen for the budget, stating the items
were not what was originally discussed before the Master Plan was done. Since the board
already voted on it, the item cannot be revisited for 90 days. Chair Marler asked for a
workshop to discuss a future budget amendment, to include other items. Briggs explained
that the board can look into having a mid-year budget amendment and explained that by
the time the new budget is approved, the contracts are reviewed and an RFP for the work is
published and adopted, along with the complete scope of work and final contracts signed,
the work will not begin probably until next spring.
By that time, staff will have more exact numbers and can revisit prioritizing other times to
fund after the initial expenditures.
Page 3 of 18
Georgetown Village PID Page 2 of 3
June 11, 2018
Briggs also reviewed the difference between a workshop, which has a presentation to the
board and staff would then answer questions with no public input; and an Open House,
which would allow open dialogue between the board, staff and guests. The Board was in
favor of holding an Open House at the end of the summer.
Chair Marler allowed speakers for this item.
Michael Charles, 244 Beretta, reviewed the survey results againand says the board is using
old information to make decisions for the future. He asked the Board to look at how the
future improvements will be used and to re-prioritize.
Brian Ortego, 125 Cedar Elm Cove, asked for a budget amendment to move funds to
another fund to be able to start work prior to September 1. He proposed an ice cream social
type event to get more feedback from the neighbors. He is still concerned about the quality
of the on-going maintenance.
Marci Liddell, 604 Rosedale and Board Alternate, expressed concern about having a
workshop for just the board, stating it was redundant. She went on to say that the
discussions of the budget do not need to continue if only one board member is dissatisfied
with the results.
Action: Motion by Baker, second by McMichael to recommend to Council to approve the
draft budget as amended, moving the Shell Landscape line item from Contingency to the
Projects line item and to move Madrone Park from the Projects line item to Contingency.
Approved 5 – 0. (Porter and Evans absent.)
D. Project Updates - Octavio Garza, Public Works Director
Garza reported the sidewalk work on Westbury was near completion. The dead stumps
and trees are being removed. He also reported that the research regarding the ownership of
fence lines along Shell Road was complete. The cemetery fence is private property, also the
6 foot white picket fence. The 4 foot privacy fence on the south side of Shell Road is also
private property. The PID Board and City do not have rights to alter those fences. The
property owners are responsible for the fence maintenance, which is approved by the
architectural review board.
Nuner reported that the irrigation audit of the parks has been completed and any failures
have been fixed. Ant bait treatments are put out in April and again in the fall and spot
treatments are applied as needed.
E. Developer's Update - Gary Newman
Newman reported that the developer is working toward annexation of the next sections,
then PID and PUD documents will be completed. He explained that annexation into the city
must be contiguous and so therefore they are including the school property. He is
projecting the waterline on Shell Road, which will serve the new sections of Georgetown
Village will be installed on the north side of Shell Road this winter.
Adjournment
Page 4 of 18
Georgetown Village PID Page 3 of 3
June 11, 2018
Motion by McKinney to adjourn. Second by Newman. The meeting was adjourned at
7:34 p.m.
__________________________________ ______________________________
Approved, Melinda Marler, Chair Attest,
Page 5 of 18
City of Georgetown, Texas
Georgetown Village Improvement District
July 9, 2018
SUBJECT:
Disc ussion and p o s s ib le rec o mmendatio n to the Counc il on the annual review o f the Geo rgeto wn Village
Pub lic Imp rovement Dis tric t No. 1 (GVPID) Service and As s es s ment Plan, as part of the annual bud get
p ro cess. – Oc tavio Garza, P ublic Works Direc tor and La'Mar Kemp, Senio r Ac c ountant
ITEM SUMMARY:
The City Counc il authorized the c reation of the Geo rgeto wn Village Public Imp ro vement District (GVPID)
via Resolution No. 990223-N, and amended via R es o lutio n Numb ers 050801-AA-1, 032602-R, 040803-V-
2, 011309-JJ, 062612-M, and 072214-R, to fund c ertain p ublic improvements that b enefit the land within
the approximate 391.83-ac re district (Exhibit “A”). The purp o s e of the GVP ID is to s up p lement and
enhanc e City s ervic es within the sub ject area and includ e the fo llo wing:
Poc ket p arks , land s cape areas , s treet trees , s idewalks, trails , alleyways , d is tinctive lighting and
s ignage, rec reatio nal facilities , water quality facilities , and o ther related imp ro vements.
The s ervic es to b e provid ed by the Dis tric t s hall cons is t o f those nec es s ary for the adminis tratio n
and o peratio n o f the District, inc luding thos e o f the City and the annual c ollec tion of as s es s ments .
The GVPID’s S ervic e P lan d efines the annual indebted ness and p ro jected c os ts for imp ro vements o ver a
p erio d of at leas t five (5) years , which mus t be reviewed annually. The GVPID’s annual bud get is
d etermined by the S ervic e P lan. At their May 14, 2018 meeting, the GVPID Advis o ry Bo ard rec o mmended
the following ad d itional enhancements as part o f the b udget and cons id eratio n b as ed on the res ults of the
GVPID Mas ter P lan recommend ations : ·
Upgrade Rowan Park ·
Imp rove S hell Road fenc e sc reening (land s caping) ·
Upgrade the parklets, and ·
Possibly imp ro ve Mad ro ne Park
The attached d raft 2019 S ervic e and Assessment P lan and Budget (Exhibits A and B) details the es timated
cost of s ervic es and imp ro vements that may be p ro vided fo r the District fo r the next five (5) years,
inc luding the new enhancements lis ted ab o ve.
The p urpose of this dis c ussion is to review the impac t that each (exis ting and new) s ervic e and
imp ro vement has on the GVP ID’s Service P lan and Budget fo r 2019.
FINANCIAL IMPACT:
A financ ial overview will b e includ ed as p art of the review o f the GVPID Servic e P lan.
SUBMITTED BY:
Octavio Garza, P ublic Works Directo r
ATTACHMENTS:
Page 6 of 18
Description Type
Exhibit A - GVPID 2019 Draft Service and As s es s ment Plan Backup Material
Page 7 of 18
*** DRAFT ***
GEORGETOWN VILLAGE PUBLIC IMPROVEMENT DISTRICT
2019 SERVICE PLAN, ASSESSMENT PLAN AND 2018 ASSESSMENT ROLL
Chapter 372 of the Local Government Code of the State of Texas, known as the “Public
Improvement Assessment Act” (the “Act”), authorizes and defines the formation of a Public
Improvement District within the State of Texas.
By action taken by their City Council, the City of Georgetown (the “City”) passed
Resolution No. 990223-N, which authorized the creation of the Georgetown Village Public
Improvement District No. 1, and which has been amended to include additional acreage via
Resolution Numbers 050801-AA-1, 032602-R, 040803-V-2, 011309-JJ, 062612-M, and 072214-R
(the “District”).
In compliance with the requirements outlined in various sections of the Act, the Five-
Year Service Plan and Assessment Plan for the District is defined herein.
Section 1. Improvements and Services to be provided for the District
After analyzing the improvements authorized by the Act, the City determined that the
services and improvements described herein should be provided within the District and will
be of special benefit to the District. The purpose of the District is to supplement and enhance
services within the District, but not to replace or supplant existing City services provided
within the District. The general nature of the proposed services and improvements to be
performed by the District are described below and more defined in Attachment I attached
hereto and incorporated herein:
• Pocket parks, landscape areas, street trees, sidewalks, trails, alleyways, distinctive
lighting and signage, recreational facilities, water quality facilities, and other related
improvements.
• The services to be provided by the District (the “Services”) shall consist of those
necessary for the administration and operation of the District, including those of the
City and the annual collection of assessments.
Section 2. Five-Year Service Plan
The total estimated cost of services and improvements to be provided for the District
for the next five (5) years is approximately $2,266,770 (Attachment II). The estimated average
annual cost is approximately $453,354, not including interest. The District shall incur no
bonded indebtedness.
Section 3. Method of Assessment
The proposed method of assessment, which specifies included or excluded classes of
assessable property, is based on the value of the real property and real property improvements
Page 8 of 18
*** DRAFT ***
as determined by the Williamson Central Appraisal District (WCAD). Public rights-of-way,
City of Georgetown property and properties otherwise exempt from ad valorem taxes are
exempt from assessment.
Section 4. Assessment Roll
The District is described as being those properties which will be described in
Attachment III.
Section 5. Assessment Plan
After analyzing the assessment methods allowed under the Act, the City has
determined to allocate costs based upon appraised value; that the assessments are based on the
benefits of the Improvements; that the assessments are fair and equitable; and the appraised
value method is the most reasonable means of allocating the costs of the services to be
provided.
Section 6. Levy of Assessments
There is to be levied by the City an assessment of $0.14 per $100 valuation
(“Assessment”) to pay the annual costs of the Improvements. Each annual Assessment,
together with interest in the unpaid amount of each Assessment, shall be due and payable on
or before January 31 of each year, with the first annual assessment occurring January 1 of the
first year after the assessed lot is part of a final, recorded subdivision plat. Each subsequent
annual Assessment shall be delinquent if not paid prior to January 31 of the subsequent year
such annual Assessment is due.
As authorized by Section 372.003(14) of the Act, there shall be levied each year an
Assessment to pay the annual costs of the administration and operation of the District. This
levy shall remain in effect from year to year until the City adjusts the levy after a hearing and a
determination of benefits in any year pursuant to Section 372.015(d) of the Act.
Section 7. Interest of Delinquent Annual Assessments
A delinquent Assessment will accrue interest at the rate of one percent (1%) for each
month or portion of a month the Assessment remains unpaid after it becomes delinquent.
Section 8. Penalties
A delinquent Assessment incurs a penalty of six percent (6%) of the annual Assessment
for each calendar month or fraction thereof it is delinquent plus one percent (1%) from each
additional month or fraction thereof the Assessment remains unpaid prior to January 31 of the
year in which it becomes delinquent; however, an Assessment delinquent on July 1 of the year
Page 9 of 18
*** DRAFT ***
in which the Assessment is due incurs a total penalty of twelve percent (12%) of the amount of
the delinquent Assessment without regard to the number of months the Assessment has been
delinquent. Penalties shall not exceed the amount permitted by the Act or any other applicable
law.
Section 9. Additional Penalties
If an Assessment remains delinquent on July 15 in the year in which the Assessment
became delinquent, there shall be imposed an additional penalty to defray costs of collection if
it necessary for the City to contract with an attorney for the purposes of representing the City
in the collection of the delinquent Assessment. The additional penalty shall be fifteen percent
(15%) of the annual Assessment and the penalties and interest on the annual Assessment.
Penalties shall not exceed the amount permitted by the Act or any other applicable law.
Section 10. Lien for Collection of Assessments
Assessments together with interest, penalties and expense of collection and reasonable
attorney fees, as permitted by the Act, shall be a first and prior lien against the property
assessed, superior to all other liens and claims, except liens or claims for state, county, school
district or municipal ad valorem taxes, and shall be a liability of and a charge against the
owner of the property regardless of whether the owners are named. The lien for Assessments
and the penalties and interest is effective from the date of the Ordinance levying the
Assessments until the Assessment is paid, and shall be enforced by the City in the same
manner provided by the Texas Tax Code for collecting ad valorem taxes on real property.
Section 11. Applicability of Tax Code
To the extent not inconsistent with the Ordinance levying Assessments, and not
inconsistent with the Act or the other laws governing public improvement districts, the
provisions of the Texas Tax Code shall be applicable to the imposition and collection of
Assessments by the City.
Page 10 of 18
*** DRAFT ***
Attachment I
Georgetown Village Public Improvement District (GVPID)
Assessed Public Improvements
GVPID GVPID GVPID GVPID Assessed Assessed Assessed Assessed Public ImprovementsPublic ImprovementsPublic ImprovementsPublic Improvements
Pocket Parks and Landscape Areas Pocket Parks and Landscape Areas Pocket Parks and Landscape Areas Pocket Parks and Landscape Areas
(Includes all parks less than 1 acre, landscape easement lots, greenbelts, medians, roundabouts, and
other landscape areas within the rights-of-way)
General Grounds Maintenance
Tree trimming/pruning
Plant and tree removal and replacement
Landscaping
Irrigation (maintenance, repair and replacement)
Utilities
Street Trees Street Trees Street Trees Street Trees
(Includes maintenance, removal and preparation for new tree)
Tree trimming/pruning
Removal and preparation for new appropriate tree
Sidewalks and Sidewalks and Sidewalks and Sidewalks and TrailsTrailsTrailsTrails
(Includes walkways around perimeter, trails in park and landscape easement lots, pedestrian alleyways,
and sidewalks affected by the street trees)
Maintenance, repair and replacement
AlleyAlleyAlleyAlleywaywaywaywayssss
(Excludes stormwater drainage improvements; inlets, catch basins and buried pipe)
Maintenance, repair and replacement of pavement
Distinctive Distinctive Distinctive Distinctive LightingLightingLightingLighting
(GVPID parks, gazebo and street antique street lights)
Maintenance (paint and coating)
Signage Signage Signage Signage
(Includes special brown street signs, trail signs and markers, park name signs, and subdivision entry and
directional signs)
Maintenance, repair and replacement
Recreational Facilities Recreational Facilities Recreational Facilities Recreational Facilities and otherand otherand otherand other Hardscape ImprovementsHardscape ImprovementsHardscape ImprovementsHardscape Improvements
(Includes gazebo, playscape shade structures, mutt mitt dispenser, park benches, tables, trash
receptacles, and Shell Rd fence)
Maintenance and repair
Water Quality FacilitiesWater Quality FacilitiesWater Quality FacilitiesWater Quality Facilities
(Includes Water Quality ponds)
Pond rehabilitation
Ongoing maintenance
Page 11 of 18
*** DRAFT ***
GVPID GVPID GVPID GVPID Assessed Assessed Assessed Assessed Public ImprovementsPublic ImprovementsPublic ImprovementsPublic Improvements
Administrative CostsAdministrative CostsAdministrative CostsAdministrative Costs and Other Related Improvementsand Other Related Improvementsand Other Related Improvementsand Other Related Improvements
(Services needed for the administration and operation of the District)
City cost to administer annual fee assessment and collection (Accountant and Controller)
Administrative Personnel
Legal
Office Supplies
Plans and Communication/Notices
Insurance
Attachment II
Georgetown Village PID Five-Year Service Plan FY 2019 - 2023
Estimated Projected Projected Projected Projected
FY19 FY20 FY21 FY22 FY23
Beginning Fund Balance 762,996 332 24,143 57,731 85,643
Revenue:
Ad Valorem Taxes 426,392 439,184 452,359 465,930 479,908
Interest 4,000 4,000 4,000 4,000 4,000
Total Revenue 430,392 443,184 456,359 469,930 483,908
Expense:
Administrative Fee 54,134 55,217 56,321 57,448 58,597
Office Supplies 300 300 300 300 300
Insurance 500 600 600 600 600
Contracts & Leases, Primary1 90,160 90,160 90,160 98,889 108,490
Contracts & Leases, Secondary2 15,000 15,000 15,000 15,000 15,000
Special Services3 5,000 5,000 5,500 5,500 5,500
Above Ground Improvements - - - 20,000 20,000
Utilities / Irrigation 41,000 41,000 42,000 42,000 42,500
Maintenance, Alleys 500 5,000 5,000 15,000 15,000
Maintenance, Sidewalks 30,000 30,000 25,000 20,000 20,000
Maintenance, Irrigation 6,000 6,000 8,500 8,500 8,500
Maintenance, Ponds 6,300 6,300 6,300 10,300 10,300
Pond Rehabilitation - - - - 90,360
Maintenance, Street Trees 50,000 35,000 35,000 12,000 15,000
Maintenance, Repairs 10,000 20,000 20,000 20,000 20,000
Expense Subtotal 308,894 309,577 309,681 325,536 430,147
Projects:
Eastside (Rowan) Park Improvements 143,141 - - - -
Parklets 279,794 - - - -
Shell Landscape 160,000 - - - -
Improvement Projects Subtotal 582,935 - - - -
Total Expense 891,829 309,577 309,681 325,536 430,147
Contingency
Reserve 106,000 109,796 113,090 116,483 119,977
Madrone Park 195,227
Ending Fund Balance 332 24,143 57,731 85,643 19,427
[1] Landscaping, plant replacement
[2] Minor additional landscaping,
[3] City and County taxes/fees
Page 12 of 18
*** DRAFT ***
Attachment III
Assessment Roll
[insert list]
Page 13 of 18
City of Georgetown, Texas
Georgetown Village Improvement District
July 9, 2018
SUBJECT:
Presentatio n of the Georgetown Village Public Improvement Dis tric t (GVPID) monthly financial rep o rts for
the month of June 2018. La'Mar Kemp
ITEM SUMMARY:
FINANCIAL IMPACT:
None.
SUBMITTED BY:
La'Mar Kemp , Ac c o untant
ATTACHMENTS:
Description Type
June 2018 Financial packet Backup Material
Page 14 of 18
17/18 Budget YTD Activity Variance
Revenues:
Ad Valorem Taxes 388,128$ 384,271$ (3,857)$
Interest Earned 2,000 7,024 5,024
Total Revenues 390,128 391,295 1,167
Expenditures:
Administrative Fee- General Fund 47,858 29,192 18,666
Office Supplies 500 - 500
Brochures, Advertising 3,000 1,863 1,137
Insurance 2,000 362 1,638
Contracts & Leases, Primary 90,160 90,113 47
Contracts & Leases, Secondary 28,479 542 27,938
Park Master Plan 70,000 59,490 10,510
Above Ground Improvements 38,000 - 38,000
Signs 4,813 - 4,813
Utilities/Irrigation 36,000 32,964 3,036
Maintenance, Sidewalks 42,164 1,746 40,418
Maintenance, Irrigation 10,900 955 9,946
Maintenance, Ponds 3,000 - 3,000
Maintenance, Alleys 20,000 3,050 16,950
Maintenance, Street Trees 60,000 21,990 38,010
Administrative Fee - Joint Service 8,966 6,723 2,243
Total Expenditures 465,840 248,990 216,850
Current Year Variance (75,712) 142,305 218,017
Beginning Fund Balance 677,161 713,772 [A]36,611
Current Funds Available 601,449$ 856,077$ 254,628$
Notes:
•The majority of property tax collections occur in January.
•YTD activity includes encumbrances.
•Year End YTD activity becomes audited activity each following January.
•Fiscal year is from October 1 to September 30.
•Unaudited financial statements prepared by the City of Georgetown, as of July 02, 2018.
[A]Audited budgetary basis fund balance.
Financial Statement
Village PID
June 30, 2018
Page 15 of 18
7-02-2018 01:44 PM C I T Y O F G E O R G E T O W N PAGE: 1
FINANCIAL STATEMENT (UNAUDITED)
234-VILLAGE PID AS OF: JUNE 30TH, 2018
ANNUAL CURRENT Y-T-D % OF Y-T-D BUDGET
REVENUES BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE
_____________________________________________________________________________________________________________________________
REVENUE
=======
PRIMARY REVENUE
4-0001-40-100 AD VALOREM TAX 388,128.00 0.00 384,271.40 99.01 0.00 3,856.60
TOTAL PRIMARY REVENUE 388,128.00 0.00 384,271.40 99.01 0.00 3,856.60
INTEREST
4-0001-42-100 ALLOCATED INTEREST 2,000.00 0.00 6,833.38 341.67 0.00 ( 4,833.38)
4-0001-42-152 GISD TAX (PID) INTEREST 0.00 0.00 190.35 0.00 0.00 ( 190.35)
TOTAL INTEREST 2,000.00 0.00 7,023.73 351.19 0.00 ( 5,023.73)
DEVELOPMENT FEE _____________ _____________ _____________ ______ ______________ _______________
____________________________________________________________________________________
TOTAL REVENUE 390,128.00 0.00 391,295.13 100.30 0.00 ( 1,167.13)
VILLAGE PID
===========
OTHER _____________ _____________ _____________ ______ ______________ _______________
____________________________________________________________________________________
_____________________________________________________________________________________________________________________________
*** TOTAL REVENUES *** 390,128.00 0.00 391,295.13 100.30 0.00 ( 1,167.13)
============= ============= ============= ====== ============== ===============
_____________________________________________________________________________________________________________________________
Page 16 of 18
7-02-2018 01:44 PM C I T Y O F G E O R G E T O W N PAGE: 2
FINANCIAL STATEMENT (UNAUDITED)
234-VILLAGE PID AS OF: JUNE 30TH, 2018
COMMUNITY SERVICES
VILLAGE PID
ANNUAL CURRENT Y-T-D % OF Y-T-D BUDGET
EXPENSES BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE
_____________________________________________________________________________________________________________________________
OPERATIONS
5-0211-51-110 GENERAL FUND ALLOCATION 47,858.00 2,313.00 29,192.00 61.00 0.00 18,666.00
5-0211-51-111 OFFICE SUPPLIES 500.00 0.00 0.00 0.00 0.00 500.00
5-0211-51-130 BROCHURES, ADVERTISING 3,000.00 0.00 1,743.03 62.12 120.46 1,136.51
5-0211-51-200 INSURANCE 2,000.00 0.00 361.65 18.08 0.00 1,638.35
5-0211-51-310 CONTRACT & LEASES, PRIMARY 90,160.00 7,273.76 60,340.61 99.95 29,772.46 46.93
5-0211-51-311 CONTRACT & LEASES, SECONDA 28,479.00 0.00 23,189.00 1.90 ( 22,647.50) 27,937.50
5-0211-51-315 PARK MASTER PLAN 70,000.00 0.00 59,490.00 84.99 0.00 10,510.00
5-0211-51-341 ABOVE GROUND IMPROVEMENTS 38,000.00 0.00 0.00 0.00 0.00 38,000.00
5-0211-51-342 SIGNS 4,813.00 0.00 0.00 0.00 0.00 4,813.00
5-0211-51-430 UTILITIES 36,000.00 3,847.50 32,964.20 91.57 0.00 3,035.80
5-0211-51-501 MAINT, SIDEWALKS 42,164.00 0.00 32,833.08 4.14 ( 31,086.74) 40,417.66
5-0211-51-502 MAINT, IRRIGATION 10,900.00 0.00 799.50 8.76 155.00 9,945.50
5-0211-51-503 MAINT , PONDS 3,000.00 0.00 0.00 0.00 0.00 3,000.00
5-0211-51-506 MAINT, ALLEYS 20,000.00 0.00 6,537.13 15.25 ( 3,487.13) 16,950.00
5-0211-51-507 MAINT, STREET TREES 60,000.00 390.00 21,990.00 36.65 0.00 38,010.00
5-0211-51-950 JOINT SERVICES ALLOCATION 8,966.00 747.00 6,723.00 74.98 0.00 2,243.00
TOTAL OPERATIONS 465,840.00 14,571.26 276,163.20 53.45 ( 27,173.45) 216,850.25
____________________________________________________________________________________
TOTAL VILLAGE PID 465,840.00 14,571.26 276,163.20 53.45 ( 27,173.45) 216,850.25
_____________________________________________________________________________________________________________________________
TOTAL COMMUNITY SERVICES 465,840.00 14,571.26 276,163.20 53.45 ( 27,173.45) 216,850.25
_____________________________________________________________________________________________________________________________
*** TOTAL EXPENSES *** 465,840.00 14,571.26 276,163.20 53.45 ( 27,173.45) 216,850.25
============= ============= ============= ====== ============== ===============
*** REVENUES OVER/(UNDER) EXPENSES( 75,712.00)( 14,571.26 115,131.93 187.96- 27,173.45 ( 218,017.38)
*** END OF REPORT ***
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City of Georgetown, Texas
Georgetown Village Improvement District
July 9, 2018
SUBJECT:
Cons id eration and p o s s ib le ac tion of hosting an Op en Hous e for the purpos e o f pres enting the
Geo rgeto wn Village Mas ter Plan. Oc tavio G arza, Pub lic Wo rks Direc tor
ITEM SUMMARY:
The Bo ard may d is cus s and propose the date and time o f an Open Ho use for Geo rgeto wn Village
res id ents to d is c us s the Geo rgeto wn Village Mas ter Plan develo p ed in Sp ring 2018.
FINANCIAL IMPACT:
.
SUBMITTED BY:
Karen Fro s t, Rec o rd ing S ecretary
Page 18 of 18