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HomeMy WebLinkAboutAgenda CC 04.14.2015 WorkshopNotice of Meeting of the Governing Body of the City of Georgetown, Texas APRIL 14, 2015 The Georgetown City Council will meet on APRIL 14, 2015 at 3:00 P.M. at Council Chambers, 101 E. 7th St., Georgetown, Texas 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 Secretary's Office, 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. Policy Development/Review Workshop - A Review and direction regarding the lease for Grace Heritage Church to the Georgetown Heritage Society -- Matt Synatschk, Historic Preservation Officer and Laurie Brewer, Assistant City Manager B Review of the City’s Fiscal & Budgetary Policy and discussion of possible amendments for 2015/16 -- Micki Rundell, Chief Financial Officer C Council Compensation Committee Report -- Patty Eason, Councilmember District 1 and Jerry Hammerlun, Councilmember District 5 D Discussion and possible direction regarding current city-wide facilities projects, progress and direction regarding the city center project, and discussion regarding next steps -- Laurie Brewer, Assistant City Manager E Discussion and possible direction to staff on Street Network Connectivity Policies -- Jordan J. Maddox, AICP, Principal Planner and Edward G. Polasek, AICP, Transportation Services Director 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. F Sec. 551.071: Consultation with Attorney - Advice from attorney about pending or contemplated litigation and other matters on which the attorney has a duty to advise the City Council, including agenda items - EMS Contract Discussion Sec. 551.072: Deliberation Regarding Real Property - Inner Peace Sec. 551.074: Personnel Matters - Interim City Manager, City Attorney, City Secretary and Municipal Judge: Consideration of the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal - Interim City Manager Compensation Adjournment 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 _________________, 2015, 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 City Council Agenda April 14, 2015 SUBJECT: Review and direction regarding the lease for Grace Heritage Church to the Georgetown Heritage Society -- Matt Synatschk, Historic Preservation Officer and Laurie Brewer, Assistant City Manager ITEM SUMMARY: The City of Georgetown currently leases the Grace Heritage Center, located at 811 South Main Street, to the Georgetown Heritage Society for use as offices and event venue. The current lease expires in August of 2015. Staff is requesting direction regarding the creation of a new operating agreement between the City and GHS. History The City of Georgetown acquired Grace Heritage Center from the Episcopal Church in 1992. The historic structure was moved from the previous location and restored through a partnership between the City and the Georgetown Heritage Society. The 1992 concept plan (Exhibit 1) outlines the goals for the City and GHS in restoring the structure and creating a civic space for the benefit of the community. The goal of the concept plan was to “preserve downtown Georgetown’s historic integrity and character, maintain an active, involved, well-informed citizenry, protect historic resources, and promote an active tourism industry in Georgetown.” The concept plan was supplemented by a Funding Agreement (Exhibit 2). The funding agreement outlined the specific duties for the City and GHS as they related to the project. The City agreed to provide the following for the project: 1. Waive all City permitting fees 2. Provide $25,000 towards the restoration 3. Construct new restrooms 4. Pay for water pollution abatement plan for the site 5. Continue to lease the McKamy property 6. Pay for utilities during construction 7. Provide all labor and materials to construct parking lot on the McKamy property 8. Provide assistance from the Planning Department on plan reviews 9. Provide load management assistance to provide energy efficiency in HVAC system and weatherization of the church 10. Provide $10,000 towards construction of the park, relocation of the marker at the corner of Ninth & Church, and landscaping 11. Maintain landscaping, exterior of church (after completion of renovation), parking lot, park, and restrooms GHS agreed to the following: 1. Obtain the required permits 2. Provide funds for costs exceeding the City’s $25,000 contribution 3. Complete initial renovation phase, including; a. New roof b. Exterior paint c. Foundation skirt d. Seal windows e. Replace steeple Cover Memo Item # A 4. Complete renovation phase, including: a. Bring structure up to current city codes b. Install ADA ramp c. Install HVAC system d. Reconstruct porch and steps from rear door of church e. Construct and locate a sign 5. After completion of renovation: a. Pay for staffing of Heritage Society office and coordinate volunteers b. Maintain historical records for the City c. Coordinate tour groups d. Maintain the interior of the church, including cleaning The operating arrangement between the City and GHS was finalized in 2000 with the execution of a new lease agreement. The new 5 year agreement included the following provisions: 1. City maintenance of grounds, landscaping and structural repairs to the structure 2. The City paid the initial utilities for a period of six months beyond the issuance of the Certificate of Occupancy 3. GHS would open the building to the public from 10:00 am to 5:00 pm Monday through Saturday Upon the expiration of the 2000 lease agreement, the City entered in to a new lease agreement in 2005, for a period of 10 years. Under the new lease agreement, the City is responsible for: 1. Exterior maintenance of the structure 2. Maintenance and daily operations of the restrooms 3. Maintenance of landscaping and site features In exchange for the lease, GHS is responsible for the following services: 1. Renting Grace Heritage Center for public use 2. Providing Walking Tour and Step-On Motor coach tour guides 3. Publish “Exploring Historic Georgetown” booklet for Visitor Center 4. Publish “A Walking Tour of Downtown Georgetown” brochure for the Visitor Center 5. Make available “Courthouse of Williamson County” brochure, four volume “Georgetown’s Yesteryears” book series and “Sentimental Journey” educational book for sale to the public 6. Host annual holiday Heritage Home tour 7. Furnish stock of Georgetown-related inventory to Visitor Center 8. Promote and enrich Georgetown’s heritage through educational programs 9. Support work to update information relevant to Heritage Tourism Items 1 and 2 were identified as having a direct impact on the number of visitors to Georgetown, resulting in financial benefits to area retailers and increased word-of-mouth advertising for the City. GHS is also required to provide an annual report to the City, pay for the utilities for the building and “use its best efforts to keep minimum hours of operation for Grace Heritage Center open to the public as volunteer and/or paid staff permits.” The current lease agreement expires on August 23, 2015. GHS has the option to extend the term of the lease for an additional 10 years if GHS is in full compliance with the terms of the lease. Cover Memo Item # A Georgetown Art Works Exhibit 5 is the current operating agreement for Georgetown Art Works, the non-profit that oversees the operations for the Georgetown Art Center, located at 816 South Main Street. The agreement set clear expectations for the City and GAW, including hours of operations, number and types of exhibits, public events and other activities designed to keep the Art Center a vibrant activity center for the community. Exhibit 6 is a copy of the Georgetown Heritage Society's Letter of Intent to renew the 2005 lease agreement. Exhibit 7 is the GHS response to a request for information regarding the lease requirements. Staff wishes to pursue developing a new operating agreement with the Georgetown Heritage Society and seeks Council direction for creating the terms of the new agreement. FINANCIAL IMPACT: None. SUBMITTED BY: ATTACHMENTS: Exhibit 1 - 1992 Concept Plan Exhibit 2 - 1992 Funding Agreement Exhibit 3 - 2000 Lease Agreement Exhibit 4 - 2005 Lease Agreement Exhibit 5 - Georgetown Art Works Operating Agreement Exhibit 6 - GHS Lease Renewal Letter of Intent Exhibit 7 - GHS Response to Lease Inquiry Cover Memo Item # A Attachment number 1 \nPage 1 of 4 Item # A Attachment number 1 \nPage 2 of 4 Item # A Attachment number 1 \nPage 3 of 4 Item # A Attachment number 1 \nPage 4 of 4 Item # A Attachment number 2 \nPage 1 of 5 Item # A Attachment number 2 \nPage 2 of 5 Item # A Attachment number 2 \nPage 3 of 5 Item # A Attachment number 2 \nPage 4 of 5 Item # A Attachment number 2 \nPage 5 of 5 Item # A Attachment number 3 \nPage 1 of 5 Item # A Attachment number 3 \nPage 2 of 5 Item # A Attachment number 3 \nPage 3 of 5 Item # A Attachment number 3 \nPage 4 of 5 Item # A Attachment number 3 \nPage 5 of 5 Item # A Attachment number 4 \nPage 1 of 9 Item # A Attachment number 4 \nPage 2 of 9 Item # A Attachment number 4 \nPage 3 of 9 Item # A Attachment number 4 \nPage 4 of 9 Item # A Attachment number 4 \nPage 5 of 9 Item # A Attachment number 4 \nPage 6 of 9 Item # A Attachment number 4 \nPage 7 of 9 Item # A Attachment number 4 \nPage 8 of 9 Item # A Attachment number 4 \nPage 9 of 9 Item # A STATE OF TEXAS § § COUNTY OF WILLIAMSON § OPERATING AGREEMENT THIS OPERATING AGREEMENT is made the day of __________________, _______, by and between the CITY OF GEORGETOWN, a Texas home-rule municipal corporation (“City”) and ___________________________, a non-profit corporation (“Operator”). For and in consideration of the mutual covenants and agreements herein contained, it is mutually agreed as follows: 1. Space Provided. City hereby agrees to provide space to Operator in the Old Fire Station #1 located at 103 W. 9th Street, Georgetown, Williamson County, Texas, as shown in Exhibit “A” (the “Space Provided”), attached to this Agreement and incorporated by reference. 2. Operating Term. The Term of this Operating Agreement shall be for three years, beginning on September 1, 2014 and ending on August 31, 2017 (the “Term”). 3. Use of Property. The Operator will utilize the Space Provided to operate an art center to benefit the City of Georgetown area according to the requirements shown in Exhibit “B” (the “Operating Requirements”), attached to this Agreement and incorporated by reference. No other use of the Space Provided shall be permitted by the Operator without expressed written permission by the City. The City shall maintain approval over the use of the Space Provided at all times. Operator’s use of the Space Provided is nonexclusive. 4. Prohibited Use. Operator may not use or permit any part of the Space Provided to be used for: (a) any activity that is a nuisance or is offensive, noisy, or dangerous; or (b) any activity that violates any applicable law, regulation, ordinance, governmental order, or this Operating Agreement. 5. Revenue. All revenue from the operation of the gift shop in the Art Center and art classes offered by the Operator, and further described in Exhibit B, shall be retained Attachment number 5 \nPage 1 of 10 Item # A by the Operator and shall be used only to pay for the operating costs and expenses of the Art Center. 6. Non-Discrimination. Operator will operate the art center without discriminating against any person or class of persons and will seek participation by all interested members of the public. 7. Oversight. The Georgetown Arts and Culture Board shall provide oversight to the art center. Each month Operator will provide a report that includes door count, name of exhibit, number of classes and class attendance, number of volunteer hours, a financial report, and attendance of artist reception. 8. Utilities. Operator shall be liable to pay the electric and water costs incurred in the operation of the art center during the Term of this Agreement. 9. Meeting Space. City shall provide meeting space for scheduled public meetings of Operator at no cost. 10. Improvements. If Operator desires to make any improvements to the Space Provided, Operator must request and receive the City’s written approval prior to construction or implementation of any proposed improvements. Operator shall be liable to pay all costs of any improvement. The City assumes no financial responsibility or obligation for payment of the cost of any improvements. Any improvements to the Space Provided made by Operator shall remain and become property of the City at the end of an Operating Term. 11. Insurance. Operator will provide insurance written by companies licensed to conduct business in the State of Texas. Operator shall keep in full force and effect during a Operating Term of this Operating Agreement insurance in the amounts and types included on the sample Insurance Certificate attached as Exhibit “C” and incorporated by reference. The insurance policies will name the City, its officers, officials, employees and volunteers as additional insureds. All insurance policies shall be subject to the examination and approval of City for sufficiency as to form, content, form of protection, coverage and insurance company. Operator shall furnish a Certificate of Insurance to City evidencing compliance with the required insurance requirements at the time Operator delivers the executed Operating Agreement to City. Operator agrees to provide a copy of any insurance policy on the City’s request. All insurance policies shall provide that the insurance coverage shall not be canceled or materially changed without a minimum of thirty (30) days’ Attachment number 5 \nPage 2 of 10 Item # A advance notice in writing to the City. Operator’s failure to timely comply with the insurance requirements shall be cause for termination of the Operating Agreement. 12. Indemnity. City, its officers, officials, employees and volunteers, shall not be liable to Operator, its directors, officers, officials, employees, members, customers, volunteers, agents or representatives, for any damage caused by negligence of Operator, its directors, officers, officials, employees, members, customers, volunteers, agents or representatives. Operator assumes all liability and responsibility for loss, damages, claims, injuries, lawsuits, judgments or causes of action of any type. Operator releases, fully indemnifies, holds harmless and agrees to defend City, its officers, officials, employees and volunteers, from any and all liability, loss damages, claims, injuries, lawsuits, judgments or causes of action of any type. 13. Default. Operator’s violation of any provision of this Operating Agreement shall constitute a default. Operator shall have thirty (30) days from the receipt of a notice of default to cure the default. If the Operator fails to cure the default the City may immediately terminate this Operating Agreement. 14. Notices. Notices or other correspondence concerning this Operating Agreement shall be in writing and are effective when mailed, hand-delivered, or transmitted by facsimile or electronic transmission as follows: To City: To Operator: City Manager ______________________________ 113 E. 8th Street ______________________________ Georgetown, Texas 78626 ______________________________ T: 512.930.3723 T: ____________________________ F: 512.930.3622 F: ____________________________ Email: paul.brandenburg@georgetown.org E-mail: ________________________ 15. Access by City. City may enter the Space Provided at any time for any purpose. 16. Condition of Property. Operator has inspected the Space Provided and accepts the Space Provided in its present condition “AS IS” unless expressly provided otherwise in this Operating Agreement. City has made no express or implied warranties as to the condition or permitted use of the Space Provided. At the time this Operating Agreement ends, Operator will surrender the Premises in the same condition as Attachment number 5 \nPage 3 of 10 Item # A when received, normal wear and tear excepted. Operator will not cause damage to the Space Provided and will not cause or allow hazardous materials or environmental contaminants on the Space Provided. If Operator leaves any personal property in the Space Provided after expiration of an Operating Term, City may, at its sole option: (1) require Operator, at Operator's expense, to remove the personal property within ten (10) after written notice to Operator; or (2) retain such personal property as forfeited property. 17. Records. Operator shall provide a complete copy of its Articles of Incorporation, Bylaws and/or other governing documents with the executed Operating Agreement. Operator shall provide an annual report as required by Exhibit B to this agreement. In addition, City shall be entitled to inspect and copy Operator’s records concerning or related to the art center upon request with reasonable notice. 18. Entire Agreement. This Operating Agreement constitutes the sole and only agreement of the parties, and supersedes any prior understandings or written or oral agreements between the Parties, concerning the subject matter of this Operating Agreement. There are no verbal or written representations, understandings, stipulations, agreements or promises pertaining to this Operating Agreement that are not incorporated in this Operating Agreement. If a provision of this Operating Agreement shall be held to be invalid, illegal or unenforceable, such invalidity, illegality or unenforceability shall not affect any other provision of this Operating Agreement and this Operating Agreement shall be construed and interpreted as if such invalid, illegal or unenforceable provisions had not been included. All exhibits referenced in this Operating Agreement are attached and incorporated by reference for all purposes. 19. Applicable Law. This Operating Agreement shall be construed and interpreted in accordance with Texas law. The parties agree that this Operating Agreement is performable in Williamson County, Texas. 20. Amendment. This Operating Agreement may not be modified or amended except in writing signed by the City and Operator. 21. Non-Assignment. Operator shall not assign or transfer any right or interest in the Operating Agreement, in whole or in part, without prior written approval of the City. Operator shall not sublease or rent out any part of the premises without prior written consent of the City. This Operating Agreement shall bind the parties, and their respective legal representative, successors, and permitted assigns. Attachment number 5 \nPage 4 of 10 Item # A 22. No Third-Party Beneficiaries. This Operating Agreement shall not be construed as affording any rights or benefits to anyone other than City and Operator. EXECUTED this day of _______________, 2014. _______________________________________ By: ___________________________________ Name: ________________________________ Title: __________________________________ STATE OF TEXAS § § ACKNOWLEDGMENT COUNTY OF WILLIAMSON § This instrument was acknowledged before me on this the _____ day of __________, 2012, by _____________________________, a person known to me in his capacity as _______________________________________ of the _________________________________________. _______________________________________ Notary Public – State of Texas Attachment number 5 \nPage 5 of 10 Item # A City of Georgetown, Texas By: _____________________________ Dale Ross, Mayor ATTEST: ________________________________ Jessica Brettle, City Secretary APPROVED AS TO FORM: ________________________________ Bridget Chapman, City Attorney STATE OF TEXAS § ACKNOWLEDGMENT COUNTY OF WILLIAMSON § This instrument was acknowledged before me on this the _____ day of __________, 2014, by Dale Ross, a person known to me in his capacity as Mayor of the City of Georgetown, Texas. _______________________________________ Notary Public – State of Texas Attachment number 5 \nPage 6 of 10 Item # A EXHIBIT “A” Plan provided courtesy Gary Wang/Wang Architects Attachment number 5 \nPage 7 of 10 Item # A EXHIBIT “B” OPERATING REQUIREMENTS During the Operating Term of the Operating Agreement, Operator shall be responsible for: A. Providing space for an exhibition gallery, instructional space, meeting facilities, and a gift shop. Secondary functions may include but are not limited to: oversight of outdoor sculpture installations, art installations in a pocket park, instructional programs for pre-schoolers, summer camps and after school art programs; coordination of advertising space for the local arts community such as local galleries, the Palace Theatre, the Georgetown Symphony Society, Southwestern University, and the Georgetown ISD; and other arts and culture related activities such as small musical performances, when space is available. The Operator shall be allowed to rent the Space Provided or a portion thereof for meetings or other events consistent with the uses outlined above to third parties. Such rentals shall be subject to all applicable Operating Requirements contained in the Agreement and specifically this Exhibit. B. Hours of operation shall be Tuesday through Saturday, 10 a.m. to 6 p.m. and Sunday 1 p.m. to 5 p.m. (44 hours per week). The art center shall be open an additional two evenings per month for a minimum of 2 hours per for a total of 180 hours per month. C. The gallery of the art center shall have between six and ten major shows per year. A reception for the featured artist(s) shall be held with each exhibit. D. Operator shall have a gift shop in the art center and revenue from the shop shall be used to pay operating costs of the art center. E. Operator shall provide art classes for children and adults. Revenue from class registrations shall be used to pay operating costs of the art center. F. Operator shall provide all equipment to operate an art center, which may include: a. Cash register b. Moveable walls for art display c. Flat screen television d. DVD player e. Desktop photocopier f. Stereo g. Coffee pot Attachment number 5 \nPage 8 of 10 Item # A h. Folding chairs and tables i. Information board j. Office supplies k. Art supplies l. Easels m. Safe n. Storage cabinet o. Office furniture p. Gift shop display cases q. Postage r. People counter for main entrance s. Public address system G. Operator will provide all regular housekeeping of the premises, including restrooms, gift shop, instructional space, and gallery space. H. Operator shall include a member from the Arts and Culture Board or the library administration as a non-voting attendee at all meetings of the Operating Board. I. Alcohol Policy. If the Operator sells alcohol, or leases the premises to a sublessee who will serve alcohol, the Operator shall receive prior written approval by the City. Whenever alcohol is served on the premises, the Operator and its lessee are subject to all state and federal laws and regulations, including the Texas Alcoholic Beverage Code. J. Monthly Reports. The Operator shall provide the City with monthly written reports with information that includes: door count, name of exhibit, number of classes and class attendance, number of volunteer hours, a financial report, and attendance of artist receptions and other special events. K. Annual Report. The annual report shall provide totals for the information compiled in monthly reports and shall present a strategic plan to the City of Georgetown Arts and Culture Board by the end of the first year of the term of this Agreement. The Georgetown Arts and Culture Board and the Executive Director of Georgetown Arts Works will hold an annual meeting to discuss the annual report. Attachment number 5 \nPage 9 of 10 Item # A EXHIBIT “C” INSURANCE REQUIREMENTS Minimum insurance limits for Operator to provide throughout the operating term of this Operating Agreement, at the Operator’s expense are as follows: Minimum liability for damage claims through public use or arising out of accidents or injuries occurring in or around the described premises, - $100,000.00 per person each occurrence, - $300,000.00 accident each occurrence, - $100,000.00 property damage each occurrence. The Operator also shall obtain insurance to cover the Operator’s property including equipment located in the Space Provided. Attachment number 5 \nPage 10 of 10 Item # A Attachment number 6 \nPage 1 of 1 Item # A 1 April 6, 2015 Georgetown Heritage Society RE: Email request for information dated April 2, 2015 from Jackson Daly, Executive Assistant to the Assistant City Manager In response to the City’s request dated April 2, 2015: 1. Dollar investment into Grace Heritage Center by the Heritage Society, including supplemental costs provided to assist in the 1992 renovation (on top of the City’s $25,000 contribution*) * Note: GHS records show the contribution by the City totaled $28,438 Grace Center Improvements - Funds expended on the rehabilitation of Grace Heritage Center from 1990 – 2004 o $107,877 - 2007 o Sound System; $1,500 - 2008 o Landscape Project; $2,400 - 2010 o Window Shades; $1,400 o Interior/Exterior Lighting; $1,850 o Floor refinishing; $1,482 - 2011 o Pew Seats; $2,700 o Antique Pump Organ donation - 2015 o New folding chairs; $650  Old chairs were donated to a homeless shelter in Temple o Security System/Panic Button; $1,100, $400 annual maintenance fee o Library/Research Room/Bride’s Room conversion; $500 (in progress) Annual Grace Center Expenditures - Utilities ($2,700) - Phone ($1,500) - Cleaning ($500) - Insurance ($1,800) - Part-time Staff/Wedding Agent ($20,000) 2. 2005-2006, 2006-2007, 2009-2010 Annual Reports - Please see attached  2009-2010 Annual Report is not included Attachment number 7 \nPage 1 of 4 Item # A 2 3. 2014-2015 Annual Report - Not available. Due September 23, 2015. 4. Hours of Operation for Grace Heritage Center - Thursday and Friday, 9 am until 5 pm; and by appointment. - In addition, the Center is open for First Fridays, Christmas Stroll, Georgetown Swirl, Ladies Night Out, monthly programs held at Grace Heritage Center and available as requested by the City and Arts & Culture District stakeholders. 5. An example of the release form for subleasing Grace Heritage Center - Please see attached 6. Proof of Insurance - Please see attached 7. Updated financials - Please see attached 8. Documentation of following services found in Exhibit A of the lease document A. Rent Grace for public use. - Grace Heritage Center is available for use for a variety of occasions i. Rentals promoted on GHS website ii. Rentals promoted through external events (for example: Georgetown Chamber Bridal Show) - Rental Form available at GHC and on-line - Rental Policy available at GHC and on-line B. Provide Walking Tour and Step-On Motor Coach tour guides. - GHS fills requests for tour guides as received (for example: Austin Detours day-out, September, 2014) - Tours of Grace Center offered two days a week and anytime the Center is open - Heritage Tour option available/promoted on website - Walking Tour script available - Driving Tour script available C. Publish “Exploring Historic Georgetown” booklet for Visitor Center - Original copyright, 1987, revised and reprinted 1995 - Booklet revised & reprinted in 2011; renamed Historic Homes of Georgetown - Booklet revised & reprinted in 2014 to include Olive Street National Register Historic District Attachment number 7 \nPage 2 of 4 Item # A 3 D. Publish “A Walking Tour of Downtown Georgetown” brochure for the Visitor Center - Brochure updated in 2009 - Available at GHC, CVB, Museum and Georgetown Public Library E. Make available “Courthouses of Williamson County” brochure, four volume “Georgetown’s Yesteryears” book series and “Sentimental Journey” education books for sale to public. - All publications available i. Publications reprinted as needed (for example: Vol II of ‘Yesteryears’ series currently being prepared for reprinting) - In addition, The Gracious Gift: The Negro Fine Arts School; ‘A Brief History of Grace’ brochure; GHC Rental Policy & Application F. Host annual holiday Heritage Home Tour - GHS hosts an annual Holiday Home Tour in Historic Georgetown - The 2014 Holiday Home Tour in Historic Georgetown featured Georgetown’s newest National Register Historic District, Olive Street. i. Record crowds (sold out of 1500 tickets) ii. Updated event to include food court and evening candlelight tour iii. Program/Ticket featured information on Tour homes and included self-guided tour of Olive Street District properties. G. Furnish stock of Georgetown-related inventory to Visitor Center - A variety of products have been offered over the years, including i. Three varieties of holiday ornaments 1. *Resin miniature of Grace Center (sold out in original casting in 2002, restocked in 2014) 2. *Pewter ornament featuring Grace Center, new in 2012 3. Resin miniature of Presbyterian Church, 2003; sold out 4. Resin miniature of Williamson County Courthouse, 2004; sold out 5. Old Grace Church ornament, 2010, sold out ii. *Illuminated ceramic Williamson County Courthouse and Grace Chapel iii. *Notecards featuring historic Georgetown structures iv. *Georgetown print, signed and numbered by artist Michelle Rideout v. *Books, Brochures and Booklets vi. *Exclusive sterling silver Jewelry John collectible bell necklace vii. Shopping bag, sold out * Currently available H. Promote and enrich Georgetown’s heritage through educational programs - Monthly programs are offered in variety of formats (for example: lunch & learn, mid- week evenings, Saturday mornings) at locations including the Williamson County Courthouse, Library, Grace Center Attachment number 7 \nPage 3 of 4 Item # A 4 I. Support work to update information relevant to Heritage Tourism - GHS supports work to update information relevant to heritage tourism i. Recent examples include: 1. 2014 Updated Driving Tour booklet (Historic Homes of Georgetown) a. In 2015, booklets donated to Library & CVB for use with Bike Rental program 2. 2014 new GHS website 3. 2013 Social media (Face Book) 4. 2013 Initiated, managed and funded Olive Street National Register Historic District established August, 2013. Hosted community-wide Reception, October, 2013. - In addition, GHS offers i. Free use of GHS holdings of archival files of photographs and properties ii. Commemorative bricks for Walk of History path at GHC iii. Heritage Home Markers available to homes and structures 50 years old + Attachment number 7 \nPage 4 of 4 Item # A City of Georgetown, Texas City Council Agenda April 14, 2015 SUBJECT: Review of the City’s Fiscal & Budgetary Policy and discussion of possible amendments for 2015/16 -- Micki Rundell, Chief Financial Officer ITEM SUMMARY: The purpose of the Fiscal and Budgetary Policy (Policy) is to provide the framework for financial operations of the City and to ensure prudent stewardship, financial planning and accountability. As part of the Annual Budget process, the City Council reviews, amends if necessary and adopts the Policy by ordinance each year. Prior to any Council action, the General Government and Finance Advisory Board (GGAF) will review the Policy and makes recommendations for any amendments or clarifications that may be needed. Each year the Policy is administratively amended to recognize date and amount changes within the text; and to address any new financial or regulatory requirement that may need to be added. Other amendments may be recommended in order to clarify wording or to further granulate a particular Policy Area. Potential amendments that were recommended by GGAF at its March 25 meeting are notated by page numbers that included in the red-line draft document: Page 8 – Codifies the utility standardized “cost of service” methodologies for establishing the City’s utility rates, including Water, Wastewater, Electric and Stormwater Drainage. These methodologies were adopted by the GUS Board as the basis for the current City utility rates. This addition only codifies that action for future rate analysis. Page 9 – A major portion of the City’s General Fund Revenue is internal cost recovery. This amendment clarifies the “Internal Cost Recovery Fees” as a revenue source. No other changes were made to this section other than adding this title to the paragraph. Page 10 – A new section on “Long-term Liability Reserves” has been added and includes the Cemetery Reserve. GGAF will continue to review long-term commitments and other under-funded liabilities for future additions Page 13 – Updated the chart that summarizes the procurement approval requirements to mirror state law, and clarified that all purchases must be approved according to preapproved limits within each department and as directed and approved by the City Manager. Page 28 – A note was added to cross reference the use of excess minimum reserves to “Section IV. L. Use of Unanticipated and Unappropriated General Fund Balances”. Page 28 – Language regarding aged receivables has been deleted in order to be compliant with “Red Flag Rules” for customer account management. In addition, references to fiscal year 2014/15 have been updated and designated amounts have been left blank. These amounts will be included once they have been determined and will be included in the final document that is included in the 2015/16 adopted budget. FINANCIAL IMPACT: N/A SUBMITTED BY: Micki Rundell, Chief Financial Officer ATTACHMENTS: F&B Draft Redline w-GGAF Recommendations F&B Overview Presentation Cover Memo Item # B 1 City of Georgetown Fiscal and Budgetary Policy DRAFT General Government & Finance (GGAF) Recommendations included GGAF Review March 25, 2015 City Council Review April 14, 2015 I. PURPOSE The City of Georgetown is committed to financial management through integrity, prudent stewardship, planning, accountability, full disclosure and communication. The broad purpose of the Fiscal and Budgetary Policies is to enable the City and its related component units, including the Georgetown Transportation Enhancement Corporation (GTEC) and the Georgetown Economic Development Corporation (GEDCO) to achieve and maintain a long-term stable and positive financial condition, and provide guidelines for the day-to-day planning and operations of the City’s financial affairs. Policy scope generally spans areas of accounting and financial reporting, internal controls, both operating and capital budgeting, revenue management, investment and asset management, debt management and forecasting. This is done in order to: A. Demonstrate to the citizens of Georgetown, the investment community, and the bond rating agencies that the City is committed to a strong fiscal operation; B. Provide precedents for future policy-makers and financial managers on common financial goals and strategies; C. Fairly present and fully disclose the financial position of the City in conformity to generally accepted accounting principles (GAAP); and D. Demonstrate compliance with finance-related legal and contractual issues in accordance with the Texas Local Government Code and other legal mandates. These policies will be reviewed and updated annually as part of the budget preparation process. II. FUND STRUCTURE AND BASIS OF BUDGETING The budgeted funds for the City of Georgetown include: Governmental Funds: General Fund which accounts for all financial resources except those required to be accounted for in another fund, and include basic governmental services, such as Street Maintenance, Planning and Development, Police, Fire and Parks, as well as, solid waste management. Attachment number 1 \nPage 1 of 31 Item # B 2 Special Revenue Funds (SRF) account for specific revenues that are legally restricted for specified purposes. The City currently budgets ____ SRF Funds and includes Tourism, Parkland Dedication, Library Donations, Animal Services Donations, and Street Maintenance Sales Tax. Debt Service Fund is used to account for the payment of general long-term debt principal and interest. Capital Project Funds are used to account for the acquisition or construction of major capital facilities other than those financed by enterprise activities. Proprietary Funds: Internal Service Funds account for good or services provided by one internal department to another. The City uses this system to recognize cost for fleet replacement and maintenance, facility maintenance,and computer replacement and maintenance and employee health insurance costs. Enterprise Funds include the City’s “business like” activities including all the utility funds and the airport. Basis of Accounting and Basis of Budgeting The City’s accounts and budgets for all Governmental Funds using the modified accrual basis of accounting. This basis means that revenue is recognized in the accounting period in which it becomes available and measurable, while expenditures are recognized in the accounting period in which they are incurred. Because the appropriated budget is used as the basis for control and comparison of budgeted and actual amounts, the basis for preparing the budget is the same as the basis of accounting. Exceptions to the modified accrual basis of accounting include: • Encumbrances, which are treated as expenditures in the year they are encumbered, not when expended. • Grants, which are considered revenue when awarded, not received. • Principal and interest on long-term debt, which are recognized when paid. General government funds include the general fund, special revenue funds, debt service fund and general capital project funds. Proprietary Funds, which include the enterprise and internal service funds are accounted and budgeted using the full-accrual basis of accounting. Under this method, revenues are recognized when they are earned and measurable, while expenses are recognized when they are incurred regardless of timing or related cash flows. The basis for preparing the budget is the same as the basis of accounting except for principal payments on long-term debt and capital outlay which are treated as budgeted expenses. Exceptions include: • Depreciation which is not budgeted • Non-budgeted accruals such as compensated absences Attachment number 1 \nPage 2 of 31 Item # B 3 III. FUND BALANCE POLICIES The City’s Fund Balance is the accumulated difference between assets and liabilities within governmental funds, and it allows the City to meet its contractual obligations, fund disaster or emergency costs, provide cash flow for timing purposes and fund non-recurring expenses appropriated by City Council. This policy establishes limitations on the purposes for which Fund Balances can be used in accordance with Governmental Accounting Standards Board (GASB) Statement Number 54. The City’s Fund Balance will report up to five components: A. Non-spendable Fund Balance – includes inherently non-spendable assets that will never convert to cash, as well as, assets that will not convert to cash soon enough to affect the current financial period. Assets included in this category are prepaid items, inventory and non-financial assets held for resale. B. Restricted Fund Balance – represents the portion of fund balance that is subject to legal restrictions, such as grants or hotel/motel tax and bond proceeds. C. Committed Fund Balance – describes the portion of fund balance that is constrained by limitations that the City Council has imposed upon itself, and remains binding unless the City Council removes the limitation. D. Assigned Fund Balance – is that portion of fund balance that reflects the City’s intended use of the resource and is established in a less formal method by the City for that designated purpose. E. Unassigned Fund Balance – represents funds that cannot be property classified in one of the other four categories. IV. OPERATING BUDGET Budgeting is an essential element of the financial planning, control and evaluation process of municipal government. The “operating budget” is the City’s annual financial operating plan. The annual budget includes all of the operating departments of the general fund, proprietary funds, debt service funds, special revenue funds, and capital improvement funds of the City. A. Comprehensive Plan – The 2030 Plan is written from a perspective of some twenty years into the future. It expresses what we envision and desire our community to be in the year 2030, and it ref lects on all that we have accomplished since we launched the revision of our Comprehensive Plan in 2006. The Plan utilizes a Vision Statement to guide the desired outcomes for the community. B. Council Vision – The Council has further defined the City’s Comprehensive Plan by defining its vision to become the City of Excellence. This vision is to be accomplished through five (5) focus areas. These focus areas become the City’s strategic goals through development and implementation of defined Business Plans for each focus area. 1. Economic Development 2. Signature Destination 3. Public Safety 4. Transportation 5. Utility Services Attachment number 1 \nPage 3 of 31 Item # B 4 C. Five-Year City of Excellence Business Plan – A “dashboard” plan will be developed that links the 2030 Plan with the City Council’s City of Excellence vision and five focus areas (strategic goals) that further the implementation of the Vision. From those strategic goals an implementation plan for each of the 5 focus areas will be created. 1. A Five-Year Financial Forecast will be created and updated annually that will identify potential tax impacts, rate adjustments and other factors that will impede the implementation of the City of Excellence Business Plan. 2. Year-One of this Business Plan is the basis for the Annual Budget. D. Preparation – The Charter (Section 6.02) requires “a proposed budget prepared by the City Manager and submitted to the City Council at least thirty days prior to the end of the fiscal year. The budget shall be adopted not later than the twenty-seventh day of the last month of the fiscal year. No budget will be adopted or appr opriations made unless the total estimated revenues, income and funds available shall be equal to or in excess of such budget or appropriations, except otherwise provided”. Therefore, the budget will be presented to the City Council no later than the 1st day of August to provide the City Council time to adopt the budget in the required time frame. 1. Proposed Budget – A proposed budget shall be prepared by the City Manager with participation of all of the City’s Division Directors within the provision of the Charter and the 2030 Plan and the City of Excellence Vision. a. The budget shall include four basic segments for review and evaluation: • Revenues • Personnel Costs • Operations and Maintenance • Capital and other non-project costs b. The budget review process will include City Council participation in the development of each segment and allow for citizen participation in the process, and will allow for sufficient time to address policy and fiscal issues by the City Council. c. A copy of the proposed budget will be filed with the City Secretary when it is submitted to the City Council. A copy will also be available at the Georgetown Public Library for citizen review. 2. Adoption – Upon finalization of the budget appropriations, the City Council will hold a public hearing, and subsequently adopt by Ordinance the final budget as amended. The budget will be effective for the fiscal year beginning October 1st. The Annual Budget document will be submitted annually to the Government Finance Officers Association (GFOA) for evaluation and consideration for the Distinguished Budget Presentation Award. Attachment number 1 \nPage 4 of 31 Item # B 5 E. Balanced Budget – The goal of the City is to adopt and maintain a balanced operating budget using sustainable funding sources that are expected to continue to be available in subsequent fiscal years. Excess balances in operating funds from previous fiscal years shall remain in the fund in which they were appropriated until either such excess balances are proposed and adopted pursuant to Section IV. D. of the thisthis policy; until they are used to reduce outstanding debt obligations of the City; or both. The Charter (Section 6.04) requires that an operating deficit created in any fiscal year shall be paid off and discharged during the following year. In practice, deficit has been interpreted to mean City funds as a whole. The City Council may choose from time to time to allow individual funds to have a negative balance as long as Operating Reserve requirements for the City as a whole are maintained. F. Planning – The budget process will be coordinated so that major policy issues are identified prior to the budget approval date. This will allow City Council adequate time for consideration of appropriate decisions and analysis of financial impacts. G. Reporting – Summary financial reports will be presented to the City Council quarterly. These reports will be in a format appropriate to enable the City Council to understand the overall budget and financial status. H. Control and Accountability – Each Division Director, appointed by the City Manager, will be responsible for the administration of his/her departmental budget. This includes accomplishing the Goals and Objectives adopted as part of the budget and monitoring each department budget for compliance with spending limitations. Division Directors may transfer funds up to $20,000 within the operations and maintenance or capital line items within a departmental budget category without additional approval. All transfers within the Personnel line items require approval of the Chief Financial Officer and City Manager. All other transfers of appropriation or budget amendments require either City Council or City Manager approval as outlined in Section IV.I and Section VI.B.4. I. Budget Amendments – The Charter (Section 6.04) provides a method to amend for budget amendments and emergency appropriations. The City Council may authorize with a majority plus one vote, an emergency expenditure as an amendment to the original budget. This may be done in cases of grave public necessity to meet an unusual and unforeseen condition that was not known at the time the budget was adopted. In practice, this has been interpreted to include revenue-related expenses within the enterprise funds and timing differences on capital improvement projects. The following criteria will be used in evaluation of budget amendments: • Is the request necessary? • Why was the item not budgeted in the normal budget process? • Why can't a transfer be done within the Division to remedy the condition? The Chief Financial Officer must certify availability of revenues or funding sources prior to adoption. Attachment number 1 \nPage 5 of 31 Item # B 6 The City will amend the budget at year end, if needed, for revenue based expenditures that exceeded budgeted amounts due to increased revenue and recognize any grant funded expenditures for grants received after the budget was adopted or last amended. The City will also amend the budget if necessary as part of the Mid-Year Review process for any capital project timing adjustments from prior year, as well as, any other known adjustments needed and approved at that time. J. Contingency Appropriations – The budget may include contingency appropriations within designated operating department budgets. These funds are used to offset expenditures for unexpected maintenance or other unanticipated expenses that might occur during the year. Currently, the City maintains contingency appropriations for insurance deductibles, unexpected legal expenses and equipment repairs. K. Council Discretionary Account – The budget may contain appropriated funds to be used at the discretion of the City Council. Actual expenditure of these funds is specifically approved by the City Council on an item by item basis. The Council Discretionary Account for 2014/152015/ is16 is $10,000 included in the General Fund. L. Use of Unanticipated and Unappropriated General Fund Balances - Within 90 days after fiscal year end, staff will report the projected general fund balance to Council. In the event that unexpected, unbudgeted amounts are determined to be available in the General Fund after year end, these funds may be used for any of the following purposes, as approved by the City Council: 1. to fund capital projects; 2. to fund equipment purchases in lieu of issuing debt; 3. to reduce outstanding city debt, including bonded indebtedness and unfunded pension liabilities; 4. to fund contingent liabilities such as the benefit payout reserve, cemetery trust fund, and similar obligations of the city; 5. to take other steps to reduce property tax rates or mitigate any future increases; 6. to hold those funds in reserve for future commitments or contingencies that may be pending, and/or 7. to fund an economic uncertainty reserve of up to three (3) percent of annual General Fund operating expenditures. V. REVENUE MANAGEMENT A. Characteristics – The City will strive for the following optimum characteristics in its revenue system: 1. Simplicity – The City, where possible and without sacrificing accuracy, will strive to keep the revenue system simple in order to reduce compliance costs for the taxpayer or service recipient. Attachment number 1 \nPage 6 of 31 Item # B 7 2. Certainty – A knowledge and understanding of revenue sources increases the reliability of the revenue system. The City will understand its revenue sources and enact consistent collection policies to provide assurances that the revenue base will materialize according to budget. 3. Equity – The City shall make every effort to maintain equity in its revenue system; i.e., the City should seek to minimize or eliminate all forms of subsidization between entities, funds, services, utilities, and customer classes, and ensure an on-going return on investment for the City. a. The City will make every effort to recognize the benefit that City tax payers contribute to City programs and services. b. The annual Parks and Recreation residential membership rates are established at 75% of non-residential rates plus or minus 10% at the discretion of the Parks and Recreation Director in keeping with the targeted market cost recovery. 4. Revenue Adequacy – The City should require there be a balance in the revenue system; i.e., the revenue base will have the characteristics of fairness and neutrality as it applies to cost of service, willingness to pay, and ability to pay. Overall Operational Cost Recovery for Parks and Recreation for the Recreation and Tennis Centers is targeted to be between 50 – 60%, with some variance in individual programs. 5. Realistic and Conservative Estimates - Revenues will be estimated realistically, and conservatively, taking into account the volatile nature of various revenue streams. 6. Administration – The benefits of a revenue source should exceed the cost of levying and collecting that revenue. 7. Diversification and Stability – A diversified revenue system with a stable source of income shall be maintained. This will help avoid instabilities in two particular revenue sources due to factors such as fluctuations in the economy and variations in the weather. B. Other Considerations – The following considerations and issues will guide the City in its revenue policies concerning specific sources of funds: 1. Cost/Benefit of Incentives for Economic Development – The City will use due caution in the analysis of any incentives that are used to encourage development. A cost/benefit (fiscal impact) analysis will be performed as part of the evaluation. 2. Non-Recurring Revenues – One-time or non-recurring revenues should not be used to finance current ongoing operations. Attachment number 1 \nPage 7 of 31 Item # B 8 3. Sustainable Revenues – “Sustainable" means revenue that is consistently available year after year, and includes revenues realized subsequent to adopted projections. 4. Property Tax Revenues – All real and business personal property located within the City will be valued at 100% of the fair market value for any given year based on the current appraisal supplied by the Williamson Central Appraisal District. Conservative budgeted revenue estimates result in a projected ninety-eight percent (98%) budgeted collection rate for current ad valorem taxes. Two percent (2%) of the current ad valorem taxes will be projected as the budget for delinquent ad valorem tax collection. For budgeting purposes, the City will forecast the proposed property tax rate using the effective maintenance & operations (M&O) rate plus the interest & sinking (I&S) rate needed to fund tax supported debt service. Increases to the M&O rate will be deliberated and determined by the City Council. Proposed tax revenue will be budgeted at a 98% collection rate. 5. Interest Income – Interest earned from investments will be distributed to the funds in accordance with the equity balance of the fund from which the monies were provided to be invested. 6. User-Based Fees and Service Charges – For services associated with a user fee or charge, the direct or indirect costs of that service will be offset by a fee where possible. The City will review fees and charges no less than once every two years to ensure that fees provide adequate coverage for the cost of services. The City Council will determine how much of the cost of a service should be recovered by fees and charges. 7. Enterprise Fund Rates – The City will review and adopt utility rates as needed to generate revenues required to fully cover operating expenses, meet the legal requirements of all applicable bond covenants, and provide for an adequate level of working capital. Utility rates will be reviewed annually as part of the budget process. A rate study will be conducted every 3 years to review rate methodology and ensure revenues will meet future needs. All utility rates will be based on standardized “cost of service” methodologies, • Water Rates will recognize the at least 75% of the “fixed” cost of service, including debt payments and ROI costs, within the monthly “base charge” determined by meter size. “Volumetric charge” will recognize the balance of fixed costs not included in the base rate, plus all variable costs associated with procuring and treating water. . • Wastewater Rates are “flat and equal” for all residential customers based on the cost of providing services. Commercial customer rates are varied depending on size and specifications of each commercial customer. • Electric Rates include 100% of fixed costs within the base rate, with all variable costs included in the kWh rate. • Stormwater Drainage Fees are based a mathematical calculation based on impervious cover and applied in compliance with State Law. Attachment number 1 \nPage 8 of 31 Item # B 9 A restricted Power Contract Credit Reserve has been established to provide financial assurances to the City’s wholesale power contract providers as fiscal surety against any potential risk on the City’s behalf and will be maintained as “restricted” fund balance on the City’s financial statements. A Rate Stabilization Reserve (RSR) Account has been established in the Electric Fund to offset and mitigate potential impacts to customer rates due to increased fuel costs or other external factors that may negatively impact Electric Rates. The Rate Stabilization Reserve (RSR) may provide funding for: • Deferring or minimizing the rate impact of future cost increases • Costs associated with providing additional power supply • Filling contractual obligations • Balancing of annual power costs RSR funds will be monitored monthly to ensure the electric rate is being managed per the Policy. Increases to RSR are made through the Power Cost Adjustment rate as determined by the fund, at the recommendation of the General Manager for Utilities. 8. Internal Cost Recovery Fees - Additionally, enterprise activity rates will include transfers to and receive credits from other funds as follows: a. General and Administrative Charges – Administrative costs should be charged to all funds for services of general overhead, such as administration, finance, customer billing, legal and other costs as appropriate. These charges will be determined through an indirect cost allocation following accepted practices and procedures and reviewed annually by the City’s external auditors. b. Payment for Return on Investment – The intent of this transfer is to provide a benefit to the citizens for the ownership of the various utility operations they own. For all utilities except for Electric: • In-Lieu-of-Franchise-Fee. This transfer, currently 3% of operating revenues generated inside the City, is consistent with the franchise rates charged to investor owned utilities franchised to operate within the City. • Return on Investment. The return on investment (ROI) transfer for In- City utility customers is currently calculated at 7% of operating revenues for all utilities. ROI for water and sewer customers outside the City is 10% of operating revenues. . There is no ROI calculated on solid waste revenues. The Franchise and Return on Investment for the Electric Utility is based on kWh sold. For customers inside the City, a $0.0102 charge per kWh, equivalent to the 3% and 7% paid by other utility customers, will be included in the cost per kWh. For customers outside the City, a $0.007253 charge per kWh, equivalent to the 7% ROI paid by utilities, will be included in the cost. Attachment number 1 \nPage 9 of 31 Item # B 10 9. Intergovernmental Revenues – All potential grants will be examined for matching requirements and must be approved by the City Council prior to making application of the grant. It must be clearly understood that operational requirements (on-going costs) set up as a result of a grant program could be discontinued once the term and conditions of the program have been completed. 10. Revenue Monitoring – Revenues as they are received will be regularly compared to budgeted revenues and variances will be investigated, and any abnormalities will be included in the quarterly report to the City Council. VI. LONG-TERM LIABILITY RESERVES The City of Georgetown recognizes certain long-term unfunded commitments and contingencies that will require substantial funding at some point in the future. The City is committed to addressing these commitments in a fiscally prudent method by acknowledging their future financial impacts and developing strategies and designated reserve funds to mitigate those future impacts. 1. Cemetery Reserve will be established for the purpose of funding continued maintenance for City owned cemetery properties VI.VII. EXPENDITURE POLICIES A. Appropriations – The point of budget control is at the department level budget for all funds. The Charter (Section 6.03) provides that any transfer of appropriation between funds must be approved by the City Council and that the City Manager, without City Council approval, is authorized to transfer appropriations among departments, within the same operational division and fund. The City Manager may also authorize transfer of salary adjustment monies between funds that are budgeted in a citywide account. B. Personnel Costs – Costs related to salaries and benefits are budgeted at 100% total costs, assuming open positions are filled throughout the fiscal year. New positions that are added during the budget process may have staggered hire dates with appropriate costs reflected in the budget. 1. Vacancy Factor – General Fund appropriations will include a vacancy factor equal to 1% of total General Fund salaries and related benefits to offset salary savings within the budget. The vacancy factor will be budgeted as a negative expense within the General Government Department of the General Fund. For 2014/152015/16 the Vacancy Factor equals $ ______. This factor will be reduced throughout the year as vacant positions are recognized within the department budget. 2. Benefit Payout Reserve - The City will establish a benefit payout reserve equal to 15% of the accrued benefit liability for employees who are currently meet eligible to retirement. Only terminating employee benefit expenses may be paid from this reserve. This reserve shall be funded as an offset to the vacancy factor. For 2014/15 2015/16$ ______is budgeted for this reserve. 3. Position Control – The annual budget includes a set number of positions within departments when approved and adopted by City Council. Additional positions Attachment number 1 \nPage 10 of 31 Item # B 11 cannot be added without approval of the City Council. The City Manager may approve the transfer of authorized positions between departments if funds are available within the department. 4. Use of Excess Salary Savings – Departmental savings generated due to open positions or other salary line item savings cannot be spent by the department unless previously approved by the City Manager and validated by Finance as “excess funds”. C. Special Purpose Funding – In order to support community assistance programs, the City designates specific funding for special purposes, including Social Services, Children’s Programs, and Public Art. The City reserves the ability to cap this special purpose funding when necessitated by budget contingency or compliance issues, such as revenue shortfalls, or other reasons as determined by City Council. 1. Strategic Partnerships for Community Services. – The City of Georgetown values partnerships with organizations that are committed to addressing our communities greatest public challenges and has identified key priorities in the following areas: • Public Safety • Transportation • Housing • Parks & Recreation • Veteran Services, and • Safety Net The City has targeted funding for these programs to be $5.00 per capita, which may be adjusted to offset the effects of general inflation based upon CPI. If previous funding levels are higher than the targeted amount, and to avoid significant reductions in levels of funding, the City Council shall seek to attain this target chiefly through population growth. These funds will be allocated and paid according to the City Council’s guidelines for such programs. The funding level for 2014/15 2015/16 is $400,049 for these type of initiatives and is the same as in the previous year. 2. Public Art Funding - The City will annually allocate funding for Public Art on a year to year basis depending on the availability of funds in an amount to be determined at the discretion of the City Manager. Funding priority will be given to projects that include a matching donation, including contributions from local organizations and sponsors. Any unspent funds will accumulate and be reallocated in the following budget year. Disbursement of these funds will be determined by the City Council at the recommendation of the City’s Arts & Culture Advisory Board. Every effort will be made to include public art funding in future City facilities whose primary purpose is for public use. These projects will include a reasonable allowance for public art that fits the scope and purpose of the building so long that it does not negatively impact the project cost beyond the original budget. In the event there is cost savings in the construction of City Facilities, the City Council may consider utilizing that savings on the purchase of public art for the facility. Attachment number 1 \nPage 11 of 31 Item # B 12 D. Purchasing – The City will maintain and regularly review a written Purchasing Policy. All City purchases of goods or services will be made in accordance with the City’s current Purchasing Policy and with State law. Attachment number 1 \nPage 12 of 31 Item # B 13 The following shows a summary of approval requirements for purchases. Dollar Limits: Procurements: Requirements: Under $3,000 Under the small purchase limit No competitive bids and City credit cards may be used. $3,000 up to $50,000 Within informal bid limit A minimum of three informal competitive bids required unless exempted: HUB requirements apply in accordance with state law. $25,000 and above Within City Manager’s approval In addition to the requirements above, the City Manager must approve the purchase. $50,000 and above In excess of the informal bid limit Formal solicitations, which includes public notices, required unless exempted. Advisory board review and recommendation may be required. Council approval required. Dollar Limits: Procurements: Requirements: Under $3,000 Under the small purchase limit No competitive bids and City credit cards may be used. $3,000 up to $50,000 Within informal bid limit A minimum of three informal competitive bids required unless exempted: HUB requirements apply in accordance with state law. $50,000 and above In excess of the informal bid limit Formal solicitations, which includes public notices, required unless exempted. Advisory board review and recommendation may be required. Council approval required. In addition to the above, all purchases must be approved according ly to preapproved limits within each department as directed and approved by the City Manager. E. Contracts and Change Orders - Contracts and related change orders must follow the City Purchasing Policies and State Law. In accordance with State Law, change orders are limited to 25% of the total contract amount. Change orders greater than $50,000 require the same advisory board review and Council approvals as the original contracts. F. Prompt Payment – All invoices approved for payment by the proper City authorities shall be paid within thirty (30) calendar days of receipt of goods or services or invoice date, whichever is later in accordance with State law. The City will take advantage of all purchase discounts, when possible. G. Risk Management – The City will pursue every opportunity to provide for the Public’s and City employees’ safety and to manage its risks. The goal shall be to minimize the risk of loss of resources through liability claims with an emphasis on safety programs. Attachment number 1 \nPage 13 of 31 Item # B 14 H. Retirement Benefits – Proposals to revise benefits administered and provided by the Texas Municipal Retirement System shall include a written description, and, detailed and summary numerical assessments of the changes that would result from the proposed benefit revision. 1. The numerical assessments shall include the following: a. The estimated change to the TMRS contribution rate that would result from the proposed change in benefits, expressed as a percentage of employee pay and as an annual dollar amount to the General Fund and to each City fund. b. The estimated change to the City’s unfunded pension liability, expressed as a dollar amount. c. The estimated change to the City’s actuarial funding ratio. 2. The description and numerical assessments must be provided to the City Council at least 72 hours prior to consideration and approval, and must be read aloud to the Council prior to Council consideration. 3. The estimated changes to the City’s contribution rate and the unfunded pension liability presented pursuant to the section must be based on information provided by the TMRS actuary or by professional actuary authorized by the TMRS to provide such information. 4. Proposals to revise TMRS benefits must be voted on individually as part of the City Council’s legislative agenda. 5. The City has established 80% as the minimum funding goal for the City’s unfunded pension liability. The City’s funded pension liability is 81.3% as of December 31, 2013, as disclosed by TMRS. The City’s ultimate goal is 100%, but will be achieved reasonably over time. 6. The City may elect to make an annual 1-time payment prior to further fund the City’s unfunded pension liability. Such payment will be approved and authorized by the City Council prior to December 31 in order to be recognized in the following year’s TMRS employer contribution rate calculation. 7. Retirement Cost-of-Living Adjustment a) Within 60 days of when the TMRS annual funding update becomes available each year, staff will review and prepare a summary of costs and options for potential cost-of-living adjustment (COLA) for City of Georgetown retirees. b) Consistent with state statutes governing the Texas Municipal Retirement System, the city may provide an automatic COLA for members of the TMRS who are retired from the City of Georgetown and receiving a monthly retirement benefit from the TMRS. c) The city council may adjust the COLA provided to city retirees based upon the funding level of the city’s pension plan, as calculated by the TMRS, as follows: Attachment number 1 \nPage 14 of 31 Item # B 15 When the funding level of the city’s pension plan is The COLA should be Less than 70.0% Zero 70.0% to 79.9% 0.3% of CPI 80.0% to 89.9% 0.5% of CPI 90.0% and greater 0.7% of CPI d) Adjustments made pursuant to subsection b. should reflect the effect of the prospective change in the COLA on the funding level of the city’s pension plan. VII.VIII. BUDGET CONTINGENCY PLAN This policy is designed to establish general guidelines for managing revenue shortfalls resulting from local and national economic downturns that adversely affect the City's revenue streams. A. Immediate Action - Once a budgetary shortfall is projected, the City Manager will take the necessary actions to offset any revenue shortfall with a reduction in current expenses. The City Manager may: • Freeze all new hire and vacant positions except those deemed to be a necessity. • Review all planned capital expenditures. • Delay all "non-essential" spending or equipment replacement purchases. The City Manager shall report in a timely manner to the City Council the projected shortfall and the actions taken to resolve it. B. Further Action -. If the actions identified in subsection A are insufficient to offset the projected revenue deficit for the current fiscal year, the City Council may approve the following actions, in the order listed: 1. Apply unspent, unobligated surplus funds from prior fiscal years to fund one-time costs in the current fiscal year budget. 2. Notwithstanding Section XIV.A.2.b. of this policy, authorize a reduction in the unobligated fund balance in the General Fund, pursuant to Section XIV.A.2.b. of this policy, from 90 to 75 days. 3. Direct other reductions in services, including workforce reductions. C. Replenish Fund Balance - As soon as practicable, without placing undue strain on city services, the City Council shall increase the unobligated fund balance in the General Fund, up to the 90-day amount required in Section XIV.A.2.b. of this policy. Attachment number 1 \nPage 15 of 31 Item # B 16 VIII.IX. CAPITAL IMPROVEMENT PROGRAM (CIP) BUDGET The City’s goal is to maintain City facilities and infrastructure in order to provide excellent services to the customers within the community, meet growth related needs, and comply with all state and federal regulations. A. Preparation – The City annually updates and adopts a five-year Capital Improvement Program (CIP) schedule as part of the operating budget adoption process. The plan is reviewed and adjusted annually as needed, and year one is adopted as the current year capital budget. The capital budget will include all capital projects, capital resources, and estimated operational impacts. • Needed capital improvements are identified through system models, repair and maintenance records and growth demands. • Economic development projects that have capital infrastructure needs must be reviewed and approved for funding by the City no later than March 1 to be included in the annual CIP process. Any economic development project approved for funding after March 1 will be included in the following year CIP process unless otherwise authorized by City Council. • A team approach will be used to prioritize CIP projects, whereby City staff from all operational areas provide input and ideas relating to each project and its effect on operations. • Citizen involvement and participation will be solicited in formulating the capital budget through neighborhood meetings, public hearings and other forums. • Capital infrastructure necessary to meet the requirements of the City’s Annexation Plan will be identified separately within the CIP plan, so that funding alternatives can be developed if needed. Prior to Council adoption, the following Advisory Boards will review the Capital Projects budget: Georgetown Utility Systems Advisory Board (GUS) Georgetown Transportation Advisory Board (GTAB) General Government and Finance Advisory Board (GGAF) Parks Advisory Board Electric Water Wastewater Streets Stormwater Drainage Airport Facilities Other General Government Capital Parks and Recreation B. Control – All capital project expenditures must be appropriated in the capital budget. Availability of resources must be identified and then reviewed by the Finance Division before any CIP contract is presented to the City Council for approval. Prior to presentation to Council, the following Advisory Boards will review: Attachment number 1 \nPage 16 of 31 Item # B 17 Georgetown Utility Systems Advisory Board (GUS) Georgetown Transportation Advisory Board (GTAB) General Government and Finance Advisory Board (GGAF) All utility contracts and other utility expenses greater than $50,000 All Transportation, Stormwater Drainage and Airport expenditures and contracts greater than $50,000 All General Government non-routine contracts and expenditures greater than $50,000 C. Financing Programs – Where applicable, assessments, impact fees, pro rata charges, or other fees should be used to fund capital projects which have a primary benefit to specific identifiable property owners. Recognizing that long-term debt is usually a more expensive financing method, alternative-financing sources will be explored before debt is issued. When debt is issued, it will be used to acquire major assets with expected lives equal or exceeding the average life of the debt issue. Short-term financing including Capital Leasing and other tax-supported obligations can be used to fund vehicles, computers and other operating equipment provided the impact to the tax rate is minimal. Caution should be used in replacing assets with short-term, tax-supported obligations due to the repetitive nature of the replacements. The total amount of I & S (interest and sinking) portion of the tax rate dedicated to fund short-term debt for equipment replacement will not exceed $0.04. IX.X. CAPITAL MAINTENANCE AND REPLACEMENT The City recognizes that deferred maintenance increases future capital costs. Therefore, a portion of all individual funds with infrastructure should be budgeted each year to maintain the quality within each system. A. Infrastructure Maintenance - On-going maintenance and major repair costs are included as capital expense within the departmental operating budgets. These costs are generally considered system repairs and are not capitalized for accounting purposes. They include such items as park and recreation facility repairs, street seal coat, water line repairs and other general system maintenance. B. Modified Approach - Pavement Condition Index (PCI) - Governmental Accounting Standards Board Statement # 34 provides for an alternative approach to depreciation for measuring the value of infrastructure assets and the related costs incurred to maintain their service life at a locally established minimum standard. The City has elected to implement this modified approach in maintaining their non-enterprise fund infrastructure assets. In order to adopt this alternative method, the City has implemented an asset management system that determines if the minimum standards are being maintained. This measurement system will be updated at least Attachment number 1 \nPage 17 of 31 Item # B 18 every 3 years. The City has elected to use this alternative method for reporting its street infrastructure assets. The City uses the CarteGraph PavementView Pavement Management Information System to track the condition levels of each of the street sections. The condition of the pavement is based on the following factors: • Type of Distress • Amount of Distress • Severity of Distress • Deduct Values (function of first three) The Pavement Condition Index (PCI) is a measurement scale is based upon a condition index ranging from zero for a failed pavement to 100 for pavement with perfect condition. The condition index is used to classify pavement in the following conditions: The City’s administrative policy is to achieve an average PCI level of 85. An 85 PCI is considered maintaining the streets in a “good” condition. Staff will prepare a street maintenance budget that meets this target for Council’s consideration during the budget process. The PCI level as of 2014 87.30. C. Internal Service Funds Capital Maintenance & Replacement) – The City currently utilizes internal service funds to maintain and replace existing assets. Assessments are made to the using funds for the use of equipment currently in use and to be purchased during the year. In this way, suitable funds are available for the purchase of operational assets without the issuance of debt. A. Fleet Maintenance and Replacement - The City has a major investment in its fleet of cars, trucks, tractors, and other equipment. The City will anticipate replacing existing equipment, as necessary and will establish charges that are assigned to the using departments to account for the cost of that replacement. Vehicle maintenance is also allocated in this manner. B. Technology – It is the policy of the City to plan and fund the maintenance and replacement of its computer network and other technology systems. The City currently uses a four-year replacement cycle for all desktop computers. A reserve will be established within the ISF for replacement of major systems and will be funded over time through excess revenues within the Fund. Funding for major systems assumes that 50% of the replacement cost will be debt funded. C. Facilities Maintenance – The City has established an on-going maintenance program, which includes major repairs, equipment, as well as contracts for maintaining City facilities. The City has anticipated a useful life of such PCI Rating 100 – 85 Good 85 – 45 Fair 45 – 0 Poor Attachment number 1 \nPage 18 of 31 Item # B 19 equipment and established a means of charging those costs to the various departments in order to recognize the City’s continuing costs of maintaining its facilities. Determination for facility repairs is based on useful life of the various elements of each facility. A proportional cost for each element is expensed within the budget for capital replacement. An additional unscheduled repair reserve equal to 10% value of annual internal service funding is also budgeted. The estimate reserve for 2014/15 2015/16 equals $ _____. D. Departmental Capital Maintenance & Replacement – The City also utilizes department capital maintenance and replacement schedules for specialized assets and equipment necessary to provide services. 1. Parks and Recreation - As part of the City’s on-going maintenance program, the City also recognizes the need to regularly maintain and replace grounds, equipment and facilities that are part of the City’s Parks and Recreation system. Separate replacement and maintenance schedules will be maintained for these items including, but not limited to, playground equipment, buildings, sport courts, trees and grounds, and restroom facilities. The City’s goal is to provide level on- going funding to ensure safe, well-maintained facilities for its citizens. 2. Public Safety Equipment – As part of the City’s on-going maintenance program, the City also recognizes the need to regularly maintain and replace specialized equipment in Police and Fire. Separate replacement and maintenance schedules will be maintained for these items including but not limited to for Fire: SCBA’s and other firefighting equipment and protective gear; and for Police: bullet proof vests, armaments and other tactical equipment. The City’s goal is to provide level on-going funding to ensure proper protection for employees and citizens. E. Surplus Property 1. From time to time it is necessary to dispose of certain vehicles or equipment that have been procured with City funds and used in City services. Individual surplus property items with expected sales value in excess of $10,000 must be approved by the City Council prior to disposition. 2. City staff will maintain reports and records of all surplus property dispositions in accordance with good internal controls. A report of all disposed items in excess of $1,000 will be included with the quarterly financial reports provided to City Council. X.XI. ACCOUNTING, AUDITING AND FINANCIAL REPORTING A. Accounting – The City is solely responsible for the recording and reporting of its financial affairs, both internally and externally. The Chief Financial Officer (CFO) is responsible for establishing the structure for the City’s Chart of Accounts and for assuring that procedures are in place to properly record financial transactions and report the City’s financial position. B. General Government and Finance Advisory Board (GGAF) – The City may establish a subcommittee consisting of (3) City Council members and (2) citizens Attachment number 1 \nPage 19 of 31 Item # B 20 that may meet monthly to provide additional oversight to the City’s Finance operations. This subcommittee will also review general government items that are not reviewed by another City advisory board before being presented to City Council. The City’s CFO will be the liaison for this subcommittee. C. Audit of Accounts – In accordance with the Charter, an independent audit of the City accounts will be performed every year. The auditor is retained by and is accountable directly to the City Council. The auditing firm will serve for up to 5 years, at which time, the City will re-bid these services and changing firms if deemed necessary by GGAF and City Council. D. External Reporting – Upon completion and acceptance of the annual audit by the City’s auditors, the City shall prepare a written Comprehensive Annual Financial Report (CAFR) which shall be presented to the City Council within 180 calendar days of the City’s fiscal year end. The CAFR shall be prepared in accordance with Generally Accepted Accounting Principles (GAAP) and shall be presented annually to the Government Finance Officer Association (GFOA) for evaluation and consideration for the Certificate of Achievement in Financial Reporting. E. Internal Reporting – The Finance Department will prepare internal financial reports, sufficient to plan, monitor and control the City’s financial affairs. ASSET MANAGEMENT A. Cash Management and Investments – The City Council has formally approved a separate Investment Policy for the City of Georgetown that meets the requirements of the Public Funds Investment Act (PFIA), Section 2256 of the Texas Local Government Code. This policy is reviewed annually by the City Council and applies to all financial assets held by the City and applies to all entities (component units) included in the City’s Comprehensive Annual Financial Report (CAFR) and/or managed by the City 1. Statement of Cash Management Philosophy - The City shall maintain a comprehensive cash management program to include the effective collection of all accounts receivable, the prompt deposit of receipts to the City’s depository, the payment of obligations, and the prudent investment of idle funds in accordance with this policy. 2. Objectives – The City’s investment program will be conducted as to accomplish the following listed in priority order: • Safety of the principal invested • Liquidity and availability of cash to pay obligations when due • Ensure public trust through responsible actions as custodians of public funds. • Maximize earnings (yield) to the greatest extent possible consistent with the City’s investment policy. 3. Safekeeping and Custody – Investments may only be purchased through brokers/dealers who meet the criteria detailed in the investment policy, which also addresses internal controls related to investments. Attachment number 1 \nPage 20 of 31 Item # B 21 4. Standard of Care and Reporting – Investment will be made with judgment and care, always considering the safety of principal to be invested and the probable income to be derived. The Chief Financial Officer is responsible for the overall management of the City’s investment program and ensures all investments are made in compliance with the investment policy. An investment report, providing both summary and detailed information, will be presented to the City Council quarterly. 5. Authorized Investments – The City can currently invest in the following: • Certificates of Deposit • U.S. Treasury and Agency securities • Investment Pools that meet the requirements of the PFIA • No-load Money Market Mutual Funds • Fully collateralized Repurchase Agreements • Obligations of Municipal Issuers in Texas rated not less than A or its equivalent. • Other investments as approved by City Council and not prohibited by law B. Fixed Assets – These assets will be reasonably safeguarded and properly accounted for, and prudently insured. 1. Capitalization Criteria - For purposes of budgeting and accounting classification, the following criteria must be capitalized: • The asset owned by the City. • The expected useful life of the asset must be longer than one year, or extend the life of an identifiable existing asset by more than one year. • The original cost of the asset must be at least $5,000. • The asset must be tangible. • On-going repairs and general maintenance are not capitalized. 2. New Purchases – All costs associated with bringing the asset into working order will be capitalized as part of the asset cost. This will include startup costs, engineering or consultant type fees as part of the asset cost once the decision or commitment to purchase the asset is made. The cost of land acquired should include all related costs associated with its purchase. 3. Improvements and Replacement – Improvements will be capitalized when they extend the original life of an asset or when they make the asset more valuable than it was originally. The replacement of assets components will normally be expensed unless they are a significant nature and meet all the capitalization criteria. 4. Contributed Capital - Infrastructure assets received from developers or as a result of annexation will be recorded as equity contributions when they are received. 5. Distributions Systems - All costs associated with public domain assets, such as streets and utility distribution lines will be capitalized in accordance with the Attachment number 1 \nPage 21 of 31 Item # B 22 capitalization policy. Costs should include engineering, construction and other related costs including right of way acquisition. 6. Reporting and Inventory – The Finance Division will maintain the permanent records of the City’s fixed assets, including description, cost, department of responsibility, date of acquisition, depreciation and expected useful life. Periodically, random sampling at the department level will be performed to inventory fixed assets assigned to that department. Responsibility for safeguarding the City’s fixed assets lies with the department supervisor or manager whose department has been assigned the asset. XII. DEBT MANAGEMENT The City of Georgetown recognizes the primary purpose of capital facilities is to provide services to the community. Using debt financing to meet the capital needs of the community must be evaluated according to efficiency and equity. Efficiency must be evaluated to determine the highest rate of return for a given investment of resources. Equity is resolved by determining who should pay for the cost of capital improvements. In meeting demand for additional services, the City will strive to balance the needs between debt financing and “pay as you go” methods. The City realizes that failure to meet the demands of growth may inhibit its continued economic viability, but also realizes that too much debt may have detrimental effects on the City’s long-range financial condition. The City will issue debt only for the purpose of acquiring or constructing capital assets for the general benefit of its citizens and to allow it to fulfill its various purposes as a city. A Debt Condition Update report will be provided annually. A. Usage of Debt - Long-term debt financing will be considered for non-continuous capital improvements of which future citizens will be benefited. Alternatives for financing will be explored prior to debt issuance and include, but not limited to: • Grants • Use of Reserve Funds • Use of Current Revenues • Contributions from developers and others • Leases • Impact Fees When the City utilizes long-term financing, it will ensure that the debt is soundly financed by conservatively projecting revenue sources that will be used to pay the debt. It will not finance the improvement over a period greater than the useful life of the improvement and it will determine that the cost benefit of the improvement, including interest costs, is positive to the community. The City may utilize the benefits of short-term debt financing to purchasing operating equipment provided the debt doesn’t extend past the useful life of the asset and the potential impact to the tax rate is within policy guidelines. The I & S (interest and sinking) portion of the tax rate cannot exceed $0.04 for short-term debt (3-10 years). Attachment number 1 \nPage 22 of 31 Item # B 23 Types of Debt – 1. General Obligation Bonds (GO’s) – General obligation bonds must be authorized by a vote of the citizens of Georgetown. They are used only to fund capital assets of the general government and are not to be used to fund operating needs of the City. The City’s ad valorem taxing authority backs general obligation bonds. Conditions for issuance of general obligation debt include: • When the project will have a significant impact on the tax rate; • When the project may be controversial even through it is routine in nature; or • When the project falls outside the normal bounds of projects the City has typically done. For debt programs that include multiple projects that will be issued over multiple years at the discretion of the City Council, the City may approve a Contract with the Voters to manage future property tax rate impacts. The Contract with the Voters will be included in educational information for all applicable GO Bond elections, and will include a maximum annual tax rate increase and a cumulative total per bond authorization maximum tax rate increase. The City will include these impacts in its annual Debt Condition report. The City Council will carefully manage the unissued GO Bond authorization through annual review of related projects to ensure full disclosure on future timing of projects included in the bond package. Timing of authorized projects and related bond issuance will be included in the Annual Budget and published on the City’s website. Any changes to this schedule require specific Council authorization. 2. Revenue Bonds – Revenue bonds will be issued to provide for the capital needs of any activities where the capital requirements are necessary for the continuation or expansion of a service. The improved activity shall produce a revenue stream to fund the debt service requirements of the necessary improvement to provide service expansion. The average life of the obligation should not exceed the useful life of the asset(s) to be funded by the bond issue, and will generally be limited to no more than twenty (20) years, An exception can be made for plant expansions or related system expansions whose useful life is in excess of 30 years. A cost benefit analysis will be done to fully disclose the impacts of extending debt beyond 20 years. 3. Certificates of Obligation, Contract Obligations (CO’s) – Certificates of obligation or contract obligations may be used to fund capital requirements that are not otherwise funded by general obligation or revenue bonds. Debt service for CO’s may be either from general revenues (tax-supported) or supported by a specific revenue stream(s) or a combination of both. Typically, the City may issue CO’s when the following conditions are met: • When the proposed debt will have minimal impact on future effective property tax rates; Attachment number 1 \nPage 23 of 31 Item # B 24 • When the projects to be funded are within the normal bounds of city capital requirements, such as for roads, parks, various infrastructure and City facilities and equipment; and • When the average life of the obligation does not exceed the useful life of the asset(s) to be funded by the issue. Certificates of obligation will be the least preferred method of financing and will be used with prudent care and judgment by the City Council. Every effort will be made to ensure public participation in decisions relating to debt financing. 4. Self-supporting General Obligation Debt – Refers to certificates of obligation issued for a specific purpose and repaid through dedicated revenues other than ad valorem taxes. The annual debt requirements are not included in the property tax calculation. Both the Airport and Stormwater Drainage funds will issue this type of debt, In addition, the Electric and Water Services Funds can utilize this method of funding non-system capital assets. The City also issues debt on behalf of the Georgetown Transportation Enhancement Corporation (GTEC) whom then pledges 4B sales tax revenue for the repayment of that debt. 5. Internal borrowing between City funds – The City can authorize use of existing long-term reserves as “loans” between funds. The borrowing fund will repay the loan at a rate consistent with current market conditions. The loan will be repaid within ten (10) years. The loan will be considered an investment of working capital reserves by the lending fund. 6. Other Short-term borrowing - The City may authorize the issuance of Public Property Finance Contractual Obligations (PPFCO) which is short-term obligations for the acquisition of personal public property, such as equipment. PPFCOs are payable from either ad valorem taxes or another dedicated revenue stream. Each issuance will be assessed to ensure cost effectiveness and the repayment schedule will not exceed the useful life of the asset. Multiple equipment acquisitions can be grouped in a single PPFCO issue in order to develop economies of scale. B. Method of Sale – The City will use a competitive bidding process in the sale of bonds unless conditions in the bond market or the nature of the issue warrant a negotiated bid. In such situations, the City will publicly present the reasons for the negotiated sale. The City will rely on the recommendation of the financial advisor in the selection of the underwriter or direct purchaser. The financial advisor must meet all licensing requirements and comply with all MSRB regulations. The City’s financial advisor will not act as the underwriter on any City bond issue. C. Disclosure – Full disclosure of operating costs along with capital costs will be made to the bond rating agencies and other users of financial information. The City staff, with assistance of the financial advisor and bond counsel, will prepare the necessary materials for presentation to the rating agencies and will aid in the production of the Preliminary Official Statements. The City will take responsibility for the accuracy of all financial information released. D. Federal Requirements – The City will maintain written procedures to follow post issuance compliance rules, arbitrage rebate and other Federal requirements. Attachment number 1 \nPage 24 of 31 Item # B 25 • Post issuance tax compliance rules will include records retention, arbitrage rebate, use of proceeds, and • Continuing disclosure requirements under SEC Rule 15c2-12, MSRB standards, or as may be required by bond covenants or related agreements. E. Debt Structuring – The City will issue bonds with an average life of twenty (20) years or less, not to exceed the useful life of the asset acquired. The structure should approximate level debt service unless operational matters dictate otherwise. Market factors, such as the effects of tax-exempt designations, the cost of early redemption options and the like, will be given consideration during the structuring of long term debt instruments. Exceptions to the 20 year average life include debt issues for major system expansions, such as water, sewer or electric plants, in which case the City may issue debt greater than 20 years since the average life of the asset exceeds 30 years. A cost benefit analysis indicating the impacts of extending debt beyond 20 years will be completed. F. Debt Coverage Ratio – Refers to the number of times the current combined debt service requirements or payments would be covered by the current operating revenues net of on-going operating expenses of the City’s combined utilities (Electric, Water, and Wastewater). The City will maintain a minimum debt service coverage ratio of 1.5 times for these utilities as a whole. The bond ordinances allow the City to forego a debt reserve fund for its utility debt if the coverage is maintained at 1.35 times or better. Debt coverage for 2014/15 2015/16 is budgeted at___ times coverage. A coverage ratio of 1.5 times will also be required for all funds issuing self-supporting debt. H. Bond Reimbursement Resolutions – The City may utilize bond reimbursements as a tool to manage its debt issues, due to arbitrage requirements and project timing. In so doing, the City uses its capital reserve "cash" to delay bond issues until such time when issuance is favorable and beneficial to the City. The City Council may authorize a bond reimbursement resolution for General Capital projects that have a direct impact on the City's ad valorem tax rate when the bonds will be issued within the term of the existing City Council. In the event of unexpected circumstances that delay the timing of projects, or market conditions that prohibit financially sound debt issuance, the approved project can be postponed and considered by a future council until circumstantial issues can be resolved. The City Council may also authorize revenue bond reimbursements for approved utility and other self-supporting capital projects within legislative limits. Currently revenue bonds must be issued within 18 months after an eligible bond funded project is begun. The total outstanding bond reimbursements may not exceed the total amount of the City’s reserve funds. XIII. OTHER FUNDING ALTERNATIVES: When at all possible, the City will research alternative funding opportunities prior to issuing debt or increasing user-related fees. Attachment number 1 \nPage 25 of 31 Item # B 26 A. Grants - All potential grants will be examined for any matching requirements and the source of those requirements identified. A grant funding worksheet, reviewed by Finance, that clearly identifies funding sources, outcomes and other relevant information will be presented and approved by the City Council prior to any grant application being submitted. It must be clearly understood that any resulting operation requirements of the grant could be discontinued once the term and conditions of the project have been terminated. The City Council must authorize acceptance of any grant funding. B. Use of Reserve Funds - The City may authorize the use of reserve funds to potentially delay or eliminate a proposed bond issue. This may occur due to higher than anticipated fund balances in prior years, thus eliminating or reducing the need for debt proceeds, or postpone a bond issue until market conditions are more beneficial or timing of the related capital improvements does not correspond with the planned bond issue. Reserve funds used in this manner are replenished upon issuance of the proposed debt. C. Developer Contributions - The City will require developers who negatively impact the City's utility capital plans offset those impacts. These policies are further defined within the City's utility line extension policy and other development regulations. D. Leases - The City may authorize the use of lease financing for certain operating equipment when it is determined that the cost benefit of such an arrangement is advantageous to the City. E. Impact Fees - The City will impose impact fees as allowable under state law for both water and wastewater services. These fees will be calculated in accordance with statute and reviewed at least every three years. All fees collected will fund projects identified within the Fee study and as required by state laws. XIV. FINANCIAL CONDITIONS, RESERVES, AND STABILITY RATIOS The City of Georgetown will maintain budgeted minimum reserves in the ending working capital/fund balances to provide a secure, healthy financial base for the City in the event of a natural disaster or other emergency, allow stability of City operations should revenues fall short of budgeted projections and provide available resources to implement budgeted expenditures without regard to actual timing of cash flows into the City. A. Operational Coverage – The City’s goal is to maintain operations coverage of 1.0 (one), such that operating revenues will at least equal or exceed current operating expenditures. Deferrals, short-term loans, or one-time sources will be avoided as budget balancing techniques. Reserves will be used only for emergencies or non- recurring expenditures, except when balances can be reduced because their levels exceed guideline minimums as stated below. 1. Operating Reserves – The City will maintain reserves at a minimum of seventy- five (75) days (20.83%) of net budgeted operating expenditures. Net budgeted operating expenditure is defined as total budgeted expenditures less interfund transfers and charges, general debt service (tax supported), direct cost for purchased power and payments from third party grant monies. Total reserves for 2014/15 2015/16 are $ ____million. The amount of these funds are allocated within the following operating funds and using the following guidelines to maintain Attachment number 1 \nPage 26 of 31 Item # B 27 the fund balance, working capital and retained earnings (reserves) of the various operating funds at levels sufficient to protect the City’s creditworthiness, as well as, its financial position from unforeseeable emergencies. 2. General Fund – The fund balance reserve in the General Fund should equal ninety (90) days or 25% of annual budgeted General Fund operating expenditures. 2014/15 2015/16 reserves are $ ____ million and are allocated as follows: a. Base Level Reserve – will equal sixty (60) days of current year budgeted operating expenditures which will be designated for emergency use only. b. Budget Stabilization Reserve – will equal thirty (30) days of current year budgeted operating expenditures and will be designated to protect the City against short term operating deficits. The funds will be available for the following purposes: i. Defer short term tax increases ii. Cover revenue shortfalls iii. Fund unanticipated expenditures If the Budget Stabilization Reserve is depleted during the fiscal year, the balance must return to the 30 day requirement within the following year’s adopted budget. 3. Tourism Fund – A minimum sixty days (60) or 16.67% of operating expenditures will be reserved within the fund balance. These funds are designated to be used to offset any potential revenue shortfall that occurs during the fiscal year and should be replenished in the following fiscal year’s budget. 4. Water Services Fund – Working capital reserves in should be 25% or ninety (90) days of operating expenses, net debt service and long-term water contract costs. These reserves are designated to be used to offset potential revenue shortfalls or fund unexpected or emergency expenses that occur during the fiscal year. These reserves should be replenished in the following budget cycle. 5. Stormwater Drainage Fund Other Funds – $250,000 for unforeseen emergencies or other potential revenue shortfalls. • Stormwater Drainage Fund - $ 250,000 for unforeseen emergencies or potential revenue shortfalls • Airport Fund – As funds are available, up to ninety (45) days or 0.125% of operating expenses (less fuel costs) for unforeseen emergencies or potential revenue shortfalls 6. Electric Fund – The remaining balance to meet the citywide requirement of seventy-five (75) days of reserve funds will be maintained within this fund. It can be used for unforeseen emergencies and expenditures. The Rate Stabilization Account and the Power Contract Credit Reserve are not included in this Contingency Reserve. Attachment number 1 \nPage 27 of 31 Item # B 28 For all other non-enterprise funds, the fund balance is an indication of the balance of each particular fund at a specific time. The ultimate goal of each such fund is to have expended the fund balance at the conclusion of the activity for which the fund was established. Reserve requirements will be calculated as part of the annual budget process and any additional required funds to be added to the reserve balances will be appropriated within the budget. Funds in excess of the minimum reserves within each fund may be expended for City purposes at the will of the City Council once it has been determined that use of the excess will not endanger reserve requirements in future years. This action requires an amendment to the City’s Annual Budget and is outlined in Section !V L. Use of Unanticipated and Unappropriated General Fund Balances . B. Liabilities and Receivables - Procedures will be followed to maximize discounts and reduce penalties offered by creditors. Current liabilities will be paid within 30 days of receiving the invoice. Accounts Receivable procedures will target collection for a maximum of 30 days of service. Receivables aging past 90 days will be sent to a collection agency. The Chief Financial Officer is authorized to write-off non- collectible, non-utility accounts that are delinquent for more than 180 days, and utility accounts delinquent more than 180 days, provided proper delinquency procedures have been followed, and include this information in the annual report to the City Council. C. Capital Project Funds – Every effort will be made for all monies within the Capital Project Funds to be expended in a timely manner preferably within thirty-six (36) months of receipt. The fund balance will be invested and income generated will offset increases in construction costs or other costs associated with the project. Capital project funds are intended to be expended totally, with any unexpected excess to be transferred to the Debt Service fund to service project-related debt service. D. General Debt Service Funds – Revenues within this fund are stable, based on property tax revenues. Balances are maintained to meet contingencies and to make certain that the next year’s debt service payments may be met in a timely manner. Fund balance should not fall below 45 days annual debt service requirements, in accordance with IRS guidelines. E. Investment of Reserve Funds – The reserve funds will be invested in accordance with the City’s investment policy. Existing non-cash investment would be exempt through retirement of the investment. Attachment number 1 \nPage 28 of 31 Item # B 29 F. Ratios/Trend Analysis - Ratios and significant balances will be incorporated into both the mid-year and annual reports to the City Council. This information will provide users with meaningful data to identify major trends of the City's financial condition through analytical procedures. The following ratios/balances will be used as key financial indicators: • Fund Balance/Equity: Assets - liabilities FB/E AL (Acceptable level) minimum reserve requirement • Working Capital: Current assets less current liabilities CA - CL AL minimum reserve requirement • Current Ratio: Current assets divided by current liabilities CA/CL AL > 1.00 • Quick Ratio: "Liquid" current assets divided by current liabilities Liquid CA/CL AL > 1.00 • Debt/Assessed AV Taxes Debt divided by assessed Ad Valorem value D/AV AL < 5 • Debt Ratio: Current liabilities plus long-term liabilities divided by total assets CL +LTL/TA AL < 1 • Enterprise Oper Coverage: Operating rev divided by operating expense OR/OE AL > 1.25 • Times Coverage Ratio: Operating revenue less operating expense divided by annual debt service (OR-OE)/DSV AL > 1.5 The City will be to develop minimum/maximum levels for the above ratios/balances through analyzing of City historical trends and future projections. These ratios will also be compared to other similar or regional municipalities for further analysis. Attachment number 1 \nPage 29 of 31 Item # B 30 XV. INTERNAL CONTROLS A. Written Procedures – Wherever possible, written procedures will be established and maintained by the Chief Financial Officer for all functions involving cash handling and/or accounting throughout the City. These procedures will embrace the general concepts of fiscal responsibility set forth in this policy statement. B. Internal Audit Program - An internal audit program will be maintained by the Chief Financial Officer to ensure compliance with City policies and procedures and to prevent the potential for fraud. 1. Departmental Audits – departmental processes will be reviewed to ensure dual control of City assets and identify the opportunity for fraud potential, as well as, to ensure that departmental internal procedures are documented and updated as needed. 2. Employees or Transaction Review - Programs- Programs to be audited include Petty Cash, City Credit Card accounts, time entry, and travel. All discrepancies will be identified, and the employee’s Division Director will be notified. The City Manager will also be notified depending on the seriousness of the infraction. 3. Results of all internal audits will be provided to City Council on a quarterly basis. C. Division Directors Responsibility – Each division Director is responsible for ensuring that good internal controls are followed throughout their department, that all Finance Division directives are implemented and that all independent auditor internal control recommendations are addressed. Departments will develop and periodically update written internal control procedures. XVI. STAFFING AND COMPENSATION Realizing the importance and contribution of employee’s in achieving and maintaining the City of Excellence, the City’s goal as an employer is to attract and retain quality employees who provide excellent, friendly services to our community in an effective and efficient manner. A. Adequate Staffing – Staffing levels will be adequate for the fiscal functions of the City to operate effectively. Workload allocation alternatives will be explored before adding additional staff. B. Competitive Compensation – In order to maintain a competitive pay scale, the City is implementing a Competitive Employee Compensation Maintenance Policy to address competitive market factors and other issues impacting compensation. The program consists of: 1. Cost of Living Adjustment - (COLA) – To protect City employees from the effects of general inflation, every odd numbered year, the City may fund a COLA adjustment for all regular employees not included in a defined pay plan. The COLA will be based on a three-year rolling average of the Consumer Price Index (CPI) reported by the U.S. Bureau of Labor Statistics for Southern cities pertinent to Georgetown’s population. Attachment number 1 \nPage 30 of 31 Item # B 31 2. Pay Scale Review – To ensure the City’s pay system is accurate and competitive within the market, every even numbered year, the City will review its pay plan for any potential market adjustments necessary to maintain the City’s pay scale. 3. Pay for Performance – Each year the City will fund pay adjustments to aid in retaining quality employees while recognizing increased job experience and rewarding quality performance. Adjustments are based on the previous year’s annual performance evaluation. The percentage adjustments are determined by the employee’s position within their pay grade, including merit adjustments for productivity and quality performance during the previous fiscal year. In addition, the City may also choose to fund a one-time on performance that exceeds expectations during the review period. C. Self-Insurance Program – The City is committed to providing quality healthcare insurance that offers the most flexibility in health benefits and options to its employees. In order to provide the most cost effective solution, the City has determined that establishing a self-funded health insurance plan offers the greatest opportunity to mitigate future cost increases while offering quality health care services to its employees. The City has established a mechanism to manage the accounts and payments associated with this program. Per GASB Statement No. 66, such funding should be accounted for as a Special Revenue an Internal Service Fund (SRFISF). 1. Employee Health Insurance SRF ISF- includes premium contributions from employees and budgeted health insurance contributions included in the City’s annual budget process. Self-Insurance Reserves – Over time, all excess premiums or other savings within the Employee Health Insurance SRF ISF will accumulate and be used for employee premium rate stabilization. Until such balances occur, the City has established an internal line of credit up to $1,000,000 to be used for liquidity and operations if needed to be paid from the City’s Contingency Reserve funds. Self-Insurance Reserve will be included and maintained within the Employee Self-Insurance Internal Service Fund to provide stabilization for employee health insurance premiums. The amount of the reserve will be determined by the actuarially determined “maximum” amount risk related to the potential claims to the plan in one year. Initially, the reserve is targeted to be $1,000,000 by fiscal year 2017/18. 2. Employee Premiums – Annual premiums will be recommended to City Council through a collaborative process between the City’s Employee Benefit Committee and external consultants using historical data and other analytic analysis. Attachment number 1 \nPage 31 of 31 Item # B 4/8/2015 1 FY2016 Annual Budget FISCAL & BUDGETARY POLICY OVERVIEW 2015 Policy Discussion April 14, 2015 FY2016 Annual Budget BUDGET PROCESS DEBT OVERVIEW FOCUS AREA: SIGNATURE DEST. & CIP FIVE YEAR PLAN UPDATE COMPENSATION,  BENEFITS, & SELF INSURANCE FOCUS AREA: UTILITY & CIP BUDGET PARKING LOT FOCUS AREA: TRANSPORTATION & CIP FOCUS AREA: CROSSCUTTING THEMES ANNUAL BUDGET PRESENTATION FOCUS AREA: ECONOMIC DEVELOPMENT & CIP BUDGET PUBLIC HEARINGS FOCUS AREA: PUBLIC SAFETY GENERAL CAPITAL PROJECTS BUDGET ADOPTION FISCAL & BUDGETARY POLICY Attachment number 2 \nPage 1 of 11 Item # B 4/8/2015 2 FY2016 Annual Budget AGENDA •Historical Overview •Policy “Compliance” •Overview & Summary of Policy Areas •Areas for  potential amendments for  FY2016 FY2016 Annual Budget HISTORICAL OVERVIEW •Fiscal and Budgetary Policy adopted 2001/02 •Updated & revised all financial policies/practices •Based on recommended “BEST PRACTICES” by Government Finance  Officers Association (GFOA) •Included plan to eliminate “WTTB” •Up to 33% of General Fund operations funded by transfer from  Utility Funds •“Scenario H” – fully implemented in 2003/04 •Review & update annually as part of the budget process Attachment number 2 \nPage 2 of 11 Item # B 4/8/2015 3 FY2016 Annual Budget POLICY COMPLIANCE SUSTAINABLE FUNDING SOURCES MUST FUND ON‐GOING EXPENSES Excess balances from previous fiscal years shall be reappropriated through the next budget process or used to reduce outstanding  debt obligations or both. FY2016 Annual Budget POLICY COMPLIANCE (CONT ’D) Requires 1.5 times coverage ratio for all funds with debt service requirements •Excess operating revenue net of operating expenses must  exceed annual debt payment by 150% of debt payment •Utility funds required by bond covenants •Applies to GO debt repaid through self‐supporting fees •GTEC, Stormwater & Airport Funds •Electric & Water  Services Funds Attachment number 2 \nPage 3 of 11 Item # B 4/8/2015 4 FY2016 Annual Budget POLICY PURPOSE •Provides “Fiscal Discipline” •Achieve and maintain long‐term stable and positive financial  condition •Provide guidelines for day‐to‐day planning and operations of  City’s financial management •Also applies to both GTEC & GEDCO FY2016 Annual Budget OUTLINES OPERATING BUDGET •Links to City’s comprehensive plan and 5 Focus Areas •Formalizes budget preparation and adoption •Defines “Balanced Budget” •Requires quarterly reports to Council •Assigns control and accountability of funds •Addresses various Contingency funds Attachment number 2 \nPage 4 of 11 Item # B 4/8/2015 5 FY2016 Annual Budget UNANTICIPATED & UNAPPROPRIATED •Use of Unanticipated & Unappropriated General Fund Balances •After FYE, excess balances identified & Council directs use… •to fund capital projects •to fund equipment in lieu of issuing debt •to reduce outstanding city debt, including pension liabilities •to fund other contingent liabilities •to take further steps to mitigate property taxes •to hold in reserve for future or pending contingencies •to fund an economic uncertainty reserve FY2016 Annual Budget REVENUE MANAGEMENT •Defines “sustainable” revenue •Revenue that is consistently available year‐to‐year •Budgets Property Tax  at effective M&O rate + needed I&S rate •Budgeted increases only relate to debt service •M&O increases determined by Council •Utility Rates reviewed annually •Detail regarding “COST OF SERVICE” methodology for setting utility rates Attachment number 2 \nPage 5 of 11 Item # B 4/8/2015 6 FY2016 Annual Budget INTERNAL COST RECOVERY •Administrative allocations reviewed annually by external auditors •Recognize “true cost of service” at departmental level •Determines “Return on Investment” and “Franchise Fee” from  utility funds to General Fund as ownership dividend •Based as % of operating revenues for Water, Wastewater, and  Stormwater Drainange customers •Based on equivalent kWh for Electric customers •Equates to 10% operating revenues and is included in the rate  methodology FY2016 Annual Budget EXPENDITURE POLICIES •Authorizes point of control for appropriations at the  departmental level •City Manager approves transfers between department within the same  fund •Transfers  between funds require Council authorization •Budgets personnel costs at 100% •Includes Vacancy  Factor = 1% total General Fund salaries •Personnel count determined in budget •Strategic Partnerships for Community Services – funding level set  at $5.00 per capita •Retirement plan management included Attachment number 2 \nPage 6 of 11 Item # B 4/8/2015 7 FY2016 Annual Budget PURCHASING POLICY‐FOLLOWS STATE LAW •All purchases must be approved according to preapproved  limits within each department •As directed and approved by the City Manager Dollar Limits: Procurements: Requirements: Under $3,000 Under the small  purchase limit No competitive bids and City credit cards may  be used. $3,000 up to $50,000 Within informal bid limit A minimum of three informal competitive bids  required unless exempted: HUB requirements  apply in accordance with state law. $50,000 and above In excess of the informal  bid limit Formal solicitations, which includes public  notices, required unless exempted. Advisory  board review and recommendation may be  required. Council approval required. FY2016 Annual Budget BUDGET CONTINGENCY PLAN •Establishes guidelines for managing revenue shortfalls •Immediate actions include freezing hiring of new positions •Delay all “non‐essential” spending •City Manager reports conditions to Council •Determines use of “Contingency Reserves” •Outlines replenishment if used •Service level reductions addressed by Council including workforce  reductions Attachment number 2 \nPage 7 of 11 Item # B 4/8/2015 8 FY2016 Annual Budget CAPITAL IMPROVEMENT PROGRAM •Prepare / update 5‐year CIP schedule •Includes estimated operational impacts •Requires various Advisory Board approvals prior to Council adoption •Projects must be appropriated within CIP Budget •Funding must be identified prior to CIP contract approval •Requires all CIP contracts > than $50,000 to be approved by the  appropriate Advisory Board FY2016 Annual Budget CAPITAL MAINTENANCE •Acknowledges deferred maintenance increases future capital  costs •Includes PMIS standards for street maintenance for GASB 34  Modified Approach •Directs that on‐going capital maintenance is included in  departmental operating budget •Sets up Internal Service Funds to “lease” equipment back to  departments •Require City Council approval for disposal of Surplus Property  items with expected sales value in excess of $10,000 Attachment number 2 \nPage 8 of 11 Item # B 4/8/2015 9 FY2016 Annual Budget FINANCIAL MANAGEMENT •Accounting & Financial Reporting •Recognizes role of External Auditor to annually audit all City accounts •Requires preparation of the Comprehensive Annual Financial Report  (CAFR) •Investment Policy •Reviewed annually and conforms to all legal requirements •“Public Funds Investment Act” •Requires quarterly reports to City Council •Establishes Internal Control process •Fixed Assets •Sets capitalization criteria at $5,000 FY2016 Annual Budget DEBT MANAGEMENT •Requires annual debt condition report •Outlines use of debt funding to include: •General Obligation Bonds •Revenue Bonds •Certificates of Obligation •Self‐supporting debt •Internal borrowings •Other short‐term borrowing •Method of sale and debt structuring •Requires post issuance compliance •Outlines use of “Bond Reimbursement Resolutions” for cash  management Attachment number 2 \nPage 9 of 11 Item # B 4/8/2015 10 FY2016 Annual Budget FINANCIAL CONDITIONS, RESERVES &  STABILITY RATIOS •City will maintain a 1‐to‐1 operating coverage •Requires minimum 75 days citywide operating “contingency”  reserves •Allocated across City funds •Includes General Fund reserves that equals 90 days of GF  operating expenditures •Designates specific financial indicators to track for trend  analysis FY2016 Annual Budget STAFFING AND COMPENSATION •Commitment to provide adequate staffing for efficient  operations •Establishes Competitive Employee Compensation Maintenance  Plan that includes: •Cost of Living Adjustment (COLA) •Pay  Scale Review •Pay  for Performance •Establishes City’s Employee Health Self‐Insurance Fund to  manage employee health care Attachment number 2 \nPage 10 of 11 Item # B 4/8/2015 11 FY2016 Annual Budget FY2016 PROPOSED REVISIONS •Codify utility cost of service rate methodology •Designate “Internal Cost Recovery Fees” •Add “Long‐term Liabilities” section •Relocate “reserve” language to this section •Add Cemetery Reserve & Non‐ISF Capital Maintenance Reserve •Change wording to be compliant with “Red Flag Rules”  regarding aged receivables •Management of customer account information •Any other recommendations are directed Attachment number 2 \nPage 11 of 11 Item # B City of Georgetown, Texas City Council Agenda April 14, 2015 SUBJECT: Council Compensation Committee Report -- Patty Eason, Councilmember District 1 and Jerry Hammerlun, Councilmember District 5 ITEM SUMMARY: Please see attached for a Final Report and supporting documentation from the 2015 Council Compensation Committee. FINANCIAL IMPACT: To be determined. SUBMITTED BY: Jessica Brettle, City Secretary ATTACHMENTS: 2015 Council Compensation Committee Report February 23, 2015 Council Compensation Committee Meeting Minutes March 2, 2015 Council Compensation Committee Meeting Minutes March 23, 2015 Council Compensation Committee Meeting Minutes Memo- Pay Per Meeting Option Cover Memo Item # C Council Compensation Report to the Georgetown Mayor and City Council April 2015 The Council Compensation Committee was appointed by Mayor Ross and charged (Section 2.15 Home Rule Charter) with: 1. Reviewing the salaries of the Mayor and Council members. 2. Making a recommendation regarding those salaries. The committee is composed of Patty Eason and Jerry Hammerlun serving as Co-Chairs and Tom Swift, David Giese, Steve Johnston, Kathy Krause and Ki Browning. The Council Compensation Committee held three meetings (Minutes attached). The focus of those meetings was: • February 23, 2015 – Reviewed the history of compensation for the Mayor and Council in Georgetown in the last ten years with a focus on the Compensation Committee recommendations since April 2010 and examined comparative compensation data for other cities in the area. There was substantial discussion on the reality of the typical commitment needed to serve on the Georgetown City Council and as Mayor. Committee members shared diverse opinions on balancing the reality of the commitment with the concept of public service and the thought that people should serve based on a sense of responsibility to the community. The discussion to end the first meeting focused on the need for Georgetown to continue at attract qualified, committed, passionate people to serve who represent all sectors of our diverse community. • March 2, 2015 – The committee members shared their thoughts and reflections on the information that had been shared at the February 23rd meeting. There was considerable discussion of the “cost” of serving and the various personal expenses incurred in the performance of Mayor/Council duties and the feasibility of utilizing an expense report to document those costs. Consensus of the group was that an expenses report approach would be unwieldy and unnecessary. Committee members were very interested in a compensation approach used in Garland that is a combination of a base rate plus an additional amount for specific meetings attended. The City Secretary and the Committee Co-Chairs agreed to develop a list of meetings that would be considered for reimbursement if Georgetown were to follow a Garland-type approach. • March 23, 2015 – The City Secretary shared a report that included significant data on the topic of a “per-meeting” reimbursement program and the challenges connected with such an approach. (Copy of report attached) The key challenge of this approach was the approval of which meetings/activities would be reimbursed and the administrative reality of the process. After discussion of the challenges connected with such an approach the Committee decided to focus on a lump sum amount approach and the Committee members offered their thoughts on what that amount should be. Amounts suggested by the Committee ranged from nothing ($0.00) to $1,500 for Council members and $2,500 for the Mayor. After much discussion the Committee approved (6-1) recommending compensation of a lump sum amount of $800 for Council members and $1,100 for the Mayor. Attachment number 1 \nPage 1 of 2 Item # C As Co-Chairs of the Committee we appreciate the thoughtful and thorough work of the Committee members and the City Secretary. Attracting fully committed and passionate people to run for the Georgetown City Council is critical to the future success of this community. The entire Committee appreciated the opportunity to serve the City of Georgetown. Most of all we appreciate the current Mayor and Council members for their commitment to Georgetown. Compensation Committee Co-Charis: Patty Eason Jerry Hammerlun Attachment number 1 \nPage 2 of 2 Item # C Notice of Meeting of the Council Compensation Committee of the City of Georgetown, Texas Monday, February 23, 2015 The Georgetown City Council will meet on Monday, February 23, 2015 at 3:00 PM at the Main Floor Conference Room of City Hall, located at 113 E. 8th Street, Georgetown, Texas 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 Secretary’s Office, 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. Regular Session (This Regular session may, at any time, be recessed to convene an Executive Session for any purpose authorized by the Open Meetings Act, Texas Government Code 551.) A Call to Order - Eason called the meeting to order at 3PM. All members were present except for Krause. All members introduced themselves to each other. Eason said it is important to have people at every level be able to represent their community on the Council, especially minorities. B Review of current compensation and reimbursement for the City Council Hammerlun reviewed the history of the compensation for Council. He reviewed the typical life of a Council member. He spoke about the Council meeting and said that, on Tuesdays, Workshop and Council. He said at 5PM the Council moves to Executive Session with dinner until 6PM. He said a typical Council meeting is about 6 hours and it takes about the same amount of time to prepare for a Council meeting. He said Georgetown has its only electrical utility, planning business, zoning, etc. He said the diversity that is necessary…no way to properly participate without 5 or 6 hours. He said Council members are also on two boards and commissions, which can also be 2-4 hours long. He said, for him, it is about a 50-60 hour a month commitment. He said a normal day is about five to six emails from consitutents…significant issues come up that necessitate more in depth research. He said, in addition to that, there are Council members that serve on regional boards representing Georgetown. Hammlerun said he is not running again because he cannot afford to run. Eason spoke about how Hammerlun has had to go above and beyond on a project such as the Public Safety Facility on a combination of legal and construction issues. Swift asked if the above and beyond is typical of most Council members. Eason and Hammerlun both said it is very typical. Swift said it is…Hammerlun gave another example of Council being in talks with the County….two colleagues were told they need to participate in a subcommittee to work with the County on this issue. Eason spoke about how the GGAF Board started….she said it grew so that it became a whole new board. He spoke about how the month of July and August being much more busy. Eason said it is certainly something you had to make arrangements for in your life. They mentioned events that occur throughout the community that they have to attend. Eason spoke about her history on the Council and the history of Council compensation. Listen to her discussion here. Hammerlun said the Council needs to have…Eason said the reason she does not support the idea of an expense listing…her hourly rate was not something she could put down on paper. She said all of the men who were working could put down the hourly rate. Hammerlun said he is not in favor at all of the expense reimbursement form. Hammerlun and Eason both think it is not a good idea to do back to this. Johnston said, when he was on the Council, it was a full time job. He said they received zero compensation at the time. He said he find this interesting. He said he knew the Council got compensated but did not know….single member and then at large. He said he does not have a clear opinion yet. He said he does not mean that negatively. He said, since he was not compensated. Giese said this would be about 25% of a full time job. Eason said a lot of people she knows can not commit to this service because they cannot afford to do it. Hammerlun spoke Attachment number 2 \nPage 1 of 2 Item # C about….Jonrowe has expenses that has to be dealt wth…Hammerlun said his reasons are not compensation, but travel. Hammerlun said the rubber meets the road if doubling the amount would encourage more people. Johnston said you don’t want Council members to use that as an incentive as well. Eason said for some people the cost of gas…do not have the city’s resources. Swift spoke about volunteering time…you don’t have to lose money. Eason said she does not agree with that because, even if they come up with an amount, it will never reimburse people for their time. There was an agreement that there be a monthly stipend with no expense option. Hammerlun said the key is that we have to have quality people to serve. Eason said it has taken her 12 years to find someone to run…Hammerlun said it should continue to be the goal . Swift said if the City is preventing osomeone who is brilliant but needs to eat,.. Hammerlun said…we have them in a lot of positions but not all of them. Swift said he offers it only as a position to think…diversity and how we really get it. He said, if the city really wants it, that it’s not just lip service. He said, if we are clear on that, is what we are doing here a step toward that objective. She said there is definitely a political aspect of this… Spoke about the spreadsheet of….she looked at Geise asked and Hammerlun said that the Mayor has to attend a lot of event. He said, by Charter, he is the designated representative. Mayor attended 11 events in January... C Discussion and possible recommendation regarding changes to the City Council’s compensation and reimbursement D Set next meeting of the committee ADJOURNED- Mion by Hammerlun, second Giege to approve. Approved 7-0 AT 4:28PM Adjournment 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 ____________, 2014, at _________, and remained so posted for at least 72 hours preceding the scheduled time of said meeting. ______________________________________ Jessica Brettle, City Secretary Attachment number 2 \nPage 2 of 2 Item # C Minutes of the Meeting of the Council Compensation Committee of the City of Georgetown, Texas Monday, March 2, 2015 The Georgetown Council Compensation Committee will meet on Monday, March 2, 2015 at 3:00 PM at the Main Floor Conference Room of City Hall, located at 113 E. 8th Street, Georgetown, Texas 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 Secretary’s Office, 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. Regular Session (This Regular session may, at any time, be recessed to convene an Executive Session for any purpose authorized by the Open Meetings Act, Texas Government Code 551.) A Call to Order – Hammerlun called the meeting of the committee to order at 3:00PM. All committee members were present. B Consideration and possible action to approve the minutes of the February 23, 2015 Council Compensation Committee Meeting Motion by Johnston, second by Giese to approve the minutes. Approved 7-0 C Discussion and possible recommendation regarding changes to the City Council’s compensation and reimbursement Hammerlun spoke about what was discussed at the last meeting of the committee. He suggested that each member share their thoughts on the compensation for the Mayor and Council since the last discussion. Giese said he appreciated the benchmark data of the cities around the area. He said he repackaged some of the data and put it in a comparison mode. He summarized his thoughts and said he sees that Georgetown is competitive. He asked about the difference in Round Rock and why they would get paid so much more. Eason said she would bet that Round Rock didn’t have this kind of committee structure in place to determine compensation. Giese spoke about the complexity of the Georgetown community and how that would relate to suitable compensation for the Mayor and Council. He also spoke about the population factor. He said it seems Georgetown is currently in the middle of the pay range. Johnston said Giese’s comments were well said and it seems this is a ballpark type of thing. He said there does not seem to be a standard or rules for this type of situation. Johnston said he called the City of Garland and said Mayor and Council gets paid an amount per month plus $50 per work session. Swift asked and Johnston said when he served on Council the pay was zero. He said, because he came from a background where there was no compensation, he is not used to this. Swift said he feels the pay is ridiculously low. He did some calculations of how much it would work out to be per hour to serve on the Council. He said the other cities are wrong as well if they are not addressing the time their members spend serving. He said he feels like, if the city is not going to compensate, it certainly needs to do something about the expenses. He said the expense report option seems unwieldy and unnecessary. He said expense should be taken into account but not necessarily treated as a separate issue. He said at $400, the current compensation is insufficient. He said an increase in pay would be appropriate but he is not sure how much more. Browning agreed and said not a lot of people are going to consider serving at $6 an hour, 60 hours a month as an appropriate level of compensation. She said Georgetown is going to potentially double in size and there needs to be better people serving on the Council. She said that amount is not going to be enough. She added she thinks there needs to be an increase, but does now know what that amount should be. Hammerlun said he would like to look at the annual budgets of the cities on the benchmark data provided to the committee.He noted, for him the electric utility is a significant reason why the city is different. He said the operation of the airport has become extremely significant as well. He spoke about the merger with CTSUD and said water is a huge issue and needs to be managed and understood and dealt with on a regional basis. He said, because of Council and staff, the City Attachment number 3 \nPage 1 of 2 Item # C is responsible for the largest water system in the state of Texas. He said population is a good point but, no matter what, the issues are the same. He said, for him, some upward adjustment is necessary. Eason mentioned the Council is also in the process of hiring the new City Manager. Hammerlun said the Council manages four positions, does the interviews and hires and fires those positions. Hammerlun asked and Eason restated her diversity concerns. She said the reason she would like to see some additional monetary compensation is that when people do not receive compensation, it limits the resources if a person is not of a certain income level. Eason spoke about travel and how it takes up a lot of time. She noted Jonrowe is highly connected to her constituents and travels to Austin for meetings. She said, being a stay at home mom, she has to worry about who will take care of her kids while she is gone. She continued to speak about why it is important to try to attract diversity on the City Council. There was some discussion about when public meetings are held during the day and in the evenings throughout the week. Hammerlun spoke about social media and how all Council members receive many emails from constituents and staff. Giese spoke about the role and how it is a public service role. He said the city wants to attract and retain talent. He noted he does not think council members should bear expenses themselves. He said he thinks it should be paid for to travel to San Marcos or other board meetings. He noted bearing expenses is appropriate. He spoke about the expense reports that were used in the past and noted this is where he got stuck. He said the question is how much to pay each member to cover the expenses. He said, to him, the expense reports are still an option. Eason spoke about why she did not participate in the expense report system and why she does not like that option. Hammerlun spoke about the various expenses that arise when preparing for a meeting and said he like the “pay per meeting” approach that Johnston mentioned. Johnston suggested that the Mayor receive $550 per month plus $50 per meeting and the Council should receive $450 per month and $50 per meeting. He said the important issue is to clarify what would be an “official meeting” in this instance. Hammerlun said he likes Johnston’s recommendation. Swift said he likes the idea in principle and said they also need to address the cost of attending meetings outside of the city. There was discussion about paying a higher rate for meetings that are held outside of the city. Hammerlun also spoke about paying the Mayor for attending events in his official capacity. He said one idea would to differentiate the base amount to cover the attendance at those events. Giese said where he struggled is to determine whether the base amount is appropriate when looking at the comparison to other cities. He spoke about why he still likes the idea of expense reports. Johnston said there is also a political consideration and most people are unaware that the Mayor and Council get paid at all. He spoke about how serving as the Mayor or a City Council member is a public service. There was a lot of discussion of the pros and cons of expense reports. There was also discussion about the “paying per meeting” option and how that would work. Swift spoke about paying the Mayor for attending required events and creating a two-tier payment for in-city and out-of-city meetings. Eason said, when the Mayor cannot attend something, he has to delegate it to the Mayor Pro Tem. Eason said she would like to hear from staff on how this would get reported and tracked. Brettle spoke about how staff does take attendance and how this would be tracked. Brettle spoke about her concern with determining what would be a “meeting.” Johnston spoke about what types of meetings would qualify for reimbursement. Hammerlun asked if Brettle could prepare a list of meetings for the committee to consider. He said the committee could have one more meeting to see how this proposal would function. Brettle spoke about how staff would feel much better with a solid list of meetings so there is no room for interpretation. Eason said she would like to look at an example of how this would work. D Set next meeting of the committee The committee determined that the next meeting will be held on Monday, March 23, 2015 at 3PM in the Main Floor Conference Room of Georgetown City Hall. Adjournment – Motion by Swift, second by Johnston to adjourn. Approved 7-0 Meeting adjourned at 4:08PM Attachment number 3 \nPage 2 of 2 Item # C Minutes of the Council Compensation Committee of the City of Georgetown, Texas Monday, March 23, 2015 The Georgetown Council Compensation Committee will meet on Monday, March 23, 2015 at 3:00 PM at the Main Floor Conference Room of City Hall, located at 113 E. 8th Street, Georgetown, Texas 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 Secretary’s Office, 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. Regular Session (This Regular session may, at any time, be recessed to convene an Executive Session for any purpose authorized by the Open Meetings Act, Texas Government Code 551.) A Call to Order Hammerlun called the meeting to order at 3PM. All members were present. B Consideration and possible action to approve the minutes of the March 2, 2015 Council Compensation Committee Meeting Motion by Johnston, second by Giese to approve the minutes. Approved 7-0 C Discussion and possible recommendation regarding changes to the City Council’s compensation and reimbursement Hammerlun summarized the information that was provided to the committee. He showed the group a copy of his calendar for the month of March, which was a common month but a little heavier than usual in terms of City Council related commitments. He also handed out to the committee an example of the types of email requests each Council member may receive throughout their time on the Council. He said this is a good example of what it is like to be a Council member. He added every month is not consistent. He noted it points out that it will be very challenging for them to prepare an Ordinance and determine which meetings will be compensated and which will not be compensated. He indicated that the co-chairs are leaning in the direction of maintaining some sort of lump sum amount per month instead of paying the Mayor and Council per meeting attended. Eason spoke about how she met with Brettle and came up with examples of what the city would pay each Council member and the Mayor if the city moved forward with the “paying per meeting” concept. She said, using that method, they are creating a politically charged process. She noted, after looking at the examples, it seems there is a standard amount to pay each member. Eason spoke about how Hammerlun included his meetings with City Manager candidates on his list of official meetings and she did not. She said that is a good example of how this method would cause confusion. She noted she is in favor of the lump sum idea and said it is the most equitable way of handling the compensation for Mayor and Council. Giese asked and both Hammerlun and Eason said their estimate of expenses would be over $1,000 a month. Giese said he has concern that if we do not show great commitment, the Council will not have members who work full time as well as serve on the Council. He said the City needs diversity on the Council. There was much discussion about how involvement in events and meetings can vary greatly depending on the Council member and his or her schedule. Swift said it should not cost a Council member to be a representative. He said he is concerned that the Mayor and Council members are being expected to spend their own money to do this service for the city. Swift said the committee ought to be thinking more toward $2,500 for the Mayor and $1,500 per Council member. He said the data from the other towns should not serve as much guidance for Georgetown. Giese said there are two things to be debated, the methodology and the dollar amount. Giese suggested that the committee decide on the methodology first. Hammerlun and Eason said they both think lump sum is the best idea. The entire committee was in agreement that the compensation should be paid in a lump sum. Attachment number 4 \nPage 1 of 2 Item # C Motion by Swift, second by Krause to approve the method of compensating the Mayor and Council with a lump sum amount per month. Approved 6-1 (Giese opposed) There was much discussion about the amount for the monthly lump sum. Hammerlun said he estimates he would spend between $800 and $1,000 a month on City Council related costs. Swift spoke about how he wants to make sure no one is spending their own money to serve. He said, in his opinion, $1,500 a month should be the starting point. Eason addressed the issue of expenses and said a person with a business and an office versus a mom that has to get a babysitter or a wife who has to get someone to sit with her husband all have different issues to consider. Hammerlun said it is important to remember that this is a public service as well. Hammerlun said he does not think the political will on Council could take the compensation up to the dollar amounts that Swift is suggesting. Johnston said he thinks it is impossible to determine how to compensate the Mayor and Council for their work. He said those people who serve do it on a voluntary basis because they have a passion to do so and the ability to do it. He said he comes from a background where the Council did not get paid and he is very uncomfortable with coming up with a dollar amount. He said he thinks the amount they are compensated now is a token amount at best. He added he thinks a token amount is all it can ever be. He said, as a tax payer, the Council should not be compensated very much. Browning said doubling the current amount is conservation yet generous. She said she agrees that the service is huge and it is impossible to compensate for everything they give to the community. She said, however, she does not agree with someone paying to be on the Council. Hammerlun said he is compelled to say that the city needs focus, engaged intelligent, quality members serving because of the complex issues throughout the city. There was much discussion regarding the level of compensation. Motion by Johnston to pay the Council the current amount. Motion dies for lack of second. Giese said he still thinks the compensation should but expense driven but said the problem is there no data to back it up. He looked at how Georgetown would compare to the other cities. He spoke about how the current amount does not seem to cover the expenses. There was discussion regarding doubling the current amount for the Mayor and Council. Motion by Swift, second by Browning that the compensation for Council be set at $800 and Mayor at $1,100 per month. Approved 6-1 (Johnston opposed) D Set next meeting of the committee Adjournment – Meeting adjourned at 4:04PM Attachment number 4 \nPage 2 of 2 Item # C Compensation Committee Discussion‐ March 2015  Section of the Georgetown City Charter regarding Mayor’s responsibilities:   Sec. 2.06. ‐ Mayor and Mayor Pro Tem.   The Mayor shall preside at all meetings of the Council and shall be recognized as head of the  City government for all ceremonial purposes, for the purpose of receiving services of civil  process, for emergency purposes, and for military purposes; but the Mayor shall have no regular  administrative duties. The Mayor, as a member of the Council, shall be entitled to vote only in  case of a tie upon all affairs considered by the Council and shall have no veto power. At its first  meeting following each regular election of Councilmembers, the Council shall, by election,  designate one of its number as Mayor Pro Tem, who shall serve in such capacity during the  pleasure of the Council. The Mayor Pro Tem shall act as Mayor during the absence or disability  of the Mayor, and shall have power to perform every act the Mayor could perform if present;  provided, however, that in all cases the Mayor Pro Tem shall be entitled to vote.  The following are statistics on the amount of official events the current Mayor has attended since he  was sworn into office:   June 2014‐ 3  July‐ 9  August ‐ 7  September ‐ 6  October ‐ 15  November ‐ 8  December ‐ 3  January 2015‐ 5  February ‐ 6   Official events include, but are not limited to: groundbreakings, grand openings, proclamation  presentations, speeches, non‐profit event appearances and out of town city events such as the  bond rating trip (2 full days)   *NOTE‐ The events on this list do not include meetings with constituents and city staff.   If the City wishes to pay the Mayor and City Council members per official meeting attended, the  following steps are proposed:    Ordinance amendment adding a provision to pay the Mayor and each City Council member per  meeting attended.   o The Ordinance would contain a general statement such as: “The City will reimburse the  Mayor and City Council members $____ per required meeting attended in his or her  official capacity as a voting member. These required meetings include, but are not  limited to, Advisory Boards, Regional Boards and Council‐Approved Subcommittees.”    The City Secretary’s Office will maintain a list of required meetings eligible for reimbursement.  The list must be approved by the Council and can be changed by a majority vote of the Council  at any time throughout the year.   Attachment number 5 \nPage 1 of 3 Item # C o The following is an example of the meetings to be included on that list:  1. City Council Workshop  2. City Council Regular Meeting  3. City Council Special Meeting    Note: The amount of Special Meetings held can vary greatly each year  depending on city activities. Examples of past issues requiring Special  Meetings include City Manager Recruitment and Interviews, Personnel‐ related meetings, Redistricting Meetings, “Visioning Sessions” and other  Council retreats.   4. Animal Shelter Advisory Board   5. Georgetown Economic Development Corporation (GEDCO)  6. General Government and Finance Advisory Board (GGAF)  7. Georgetown Utility Systems Advisory Board (GUS)  8. Georgetown Transportation Advisory Board (GTAB)   9. Georgetown Transportation Enhancement Corporation (GTEC)  10. Williams Drive TIRZ   11. Downtown Georgetown TIRZ  12. Rivery Park TIRZ  13. Lone Star Rail District (and subcommittees)  14. Capital Area Council of Governments (CAPCOG)  15. Capital Area Metropolitan Planning Organization (CAMPO)  16. Clean Air Coalition   17. Texas Life‐Sciences Collaboration Center Board of Directors   18. Williamson County Conservation Foundation   19. Council appointed subcommittees such as Council Compensation Committee,  EMS Subcommittee and Architectural Selection Committees   20. Bond Rating Trip      Establish a reporting mechanism.     o The city “board liaisons” keep attendance at their board meetings and can follow  Council attendance at those meetings. However, the city would require the Mayor and  City Council members to submit monthly reports regarding their attendance at all  eligible meetings on the list.                                   Attachment number 5 \nPage 2 of 3 Item # C EXAMPLES: These calculations are based on $400 per month for Council, $550 per month for the Mayor,  $50 per meeting (in‐city), $80 per meeting (out of city), $50 per official event attended by the Mayor.     Mayor Dale Ross (based on October 2014 calendar)   $550 per month    15 Official City Events ‐ $750   2 City Council Workshops‐ $100   2 City Council Regular Meetings‐ $100    1 TLCC Board of Director’s Meeting ‐ $50   1 CAMPO Meeting (out of city) ‐ $80   TOTAL: $1,630     Patty Eason‐ City Council District 1 (based on March 2015 calendar)   $400 per month   2 City Council Workshops‐ $100   2 City Council Regular Meetings‐ $100                                            2 Council Compensation Committee Meetings‐ $100   1 Georgetown Economic Development Corporation Meeting (GEDCO)‐ $50                                                                              1 Georgetown Utility Systems (GUS) Advisory Board‐ $50   1 City Manager Interviews‐ $50   1 Williamson County Conservation Foundation Meeting‐ $80 (out of city)   1 Lone Star Rail District Board of Directors‐ $80 (out of city)   1 Lone Star Rail District Committee‐ $80 (out of city)  TOTAL: $1,090    Jerry Hammerlun‐ City Council District 5 (based on March 2015 calendar)   $400 per month   2 City Council Workshops‐ $100   2 City Council Regular Meetings‐ $100   1 City Council Special Meeting (City Manager Interviews)‐ $50   2 Council Compensation Committee Meetings‐ $100   2 General Government and Finance Advisory Board (GGAF) Meetings‐ $100   1 Georgetown Transportation Enhancement Corporation (GTEC) Meeting‐ $50   2 Architectural Selection Committee Meetings‐ $100   Meeting with City Manager candidate‐ $50   Phone call with City Manager candidate‐ $50  TOTAL: $1,100    Rachael Jonrowe‐ City Council District 6 (based on March 2015 calendar)   $400 per month    2 City Council Workshops‐ $100   2 City Council Regular Meetings‐ $100   1 City Council Special Meeting (City Manager Interviews)‐ $50   3 Architectural Selection Committee Meetings‐ $150   1 Georgetown Art Works Meeting‐$50   1 Georgetown Transportation Advisory Board (GTAB) Meeting‐ $50   1 Animal Shelter Advisory Board Meeting‐ $50   1 CAPCOG Meeting (out of city)‐ $80   1 Clean Air Coalition Meeting (out of city)‐ $80   Bond Rating Trip with City Staff (2 days) (out of city)‐ $160  TOTAL: $1,270  Attachment number 5 \nPage 3 of 3 Item # C City of Georgetown, Texas City Council Agenda April 14, 2015 SUBJECT: Discussion and possible direction regarding current city-wide facilities projects, progress and direction regarding the city center project, and discussion regarding next steps -- Laurie Brewer, Assistant City Manager ITEM SUMMARY: FINANCIAL IMPACT: Financial impacts for these projects will be discussed during the budget adoption process. SUBMITTED BY: Laurie Brewer/jd Cover Memo Item # D City of Georgetown, Texas City Council Agenda April 14, 2015 SUBJECT: Discussion and possible direction to staff on Street Network Connectivity Policies -- Jordan J. Maddox, AICP, Principal Planner and Edward G. Polasek, AICP, Transportation Services Director ITEM SUMMARY: A follow-up to an October workshop on street connectivity, this discussion will focus on the importance of a connected street network as Georgetown grows and the public costs of a disconnected system. Council will hear how the current and future street network is built by developers guided by Fire Code and Unified Development Code provisions which aim for a connected system that supports transportation mobility and public safety. The workshop will conclude with a discussion of potential policy options to improve and add flexibility to the current system. FINANCIAL IMPACT: None at this time. SUBMITTED BY: Jordan Maddox Cover Memo Item # E City of Georgetown, Texas City Council Agenda April 14, 2015 SUBJECT: Sec. 551.071: Consultation with Attorney - Advice from attorney about pending or contemplated litigation and other matters on which the attorney has a duty to advise the City Council, including agenda items - EMS Contract Discussion Sec. 551.072: Deliberation Regarding Real Property - Inner Peace Sec. 551.074: Personnel Matters - Interim City Manager, City Attorney, City Secretary and Municipal Judge: Consideration of the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal - Interim City Manager Compensation ITEM SUMMARY: FINANCIAL IMPACT: To be determined SUBMITTED BY: Cover Memo Item # F