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HomeMy WebLinkAboutAgenda CC 01.11.2022 WorkshopN otice of M eeting of the Governing B ody of the C ity of Georgetown, Texas J anuary 11, 2 02 2 The Georgetown City Council will meet on J anuary 11, 2022 at 2:00 P M at City Council Chambers, 510 W 9th Street, Georgetown, TX 78626 The City of Georgetown is committed to compliance with the Americans with Disabilities Act (AD A). If you require assistance in participating at a public meeting due to a disability, as defined under the AD A, reasonable assistance, adaptations, or accommodations will be provided upon request. P lease contact the City Secretary's Office, at least three (3) days prior to the scheduled meeting date, at (512) 930-3652 or City Hall at 808 Martin Luther King J r. Street, Georgetown, TX 78626 for additional information; TTY users route through Relay Texas at 711. Policy De ve lopme nt/Re vie w Workshop - A P resentation and discussion regarding the City’s Debt P rogram -- Leigh Wallace, Finance Director B P resentation, update and discussion regarding the City’s legislative program -- Mayra Cantu, Assistant to the City Manager C P resentation, update, and discussion regarding the plan for Intersection Improvements and Street Maintenance -- Eric J ohnson, P ublic Works Director; and Wesley Wright, Systems Engineering Director D P resentation, discussion, and possible direction regarding the City’s response to C O VID-19 -- J ack Daly, Community Services Director Exe cutive Se ssion 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. E Sec. 551.071: Consul tati on w i th 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 - Litigation Update Sec. 551.086: Certai n P ubl i c P ow er Uti l i ti es: Competi ti ve M atters - P urchased P ower Update Sec. 551.072: Del i berati ons about Real P roperty - Block 27, property located near the corner of 6th Street and Austin Avenue Sec. 551.087: Del i berati on Regardi ng Economi c Devel opment Negoti ati ons - P roject Updates - P roject Spur Sec. 551.074: P ersonnel Matters - Appointment of Assistant City Attorney Adjournme nt Page 1 of 98 Ce rtificate of Posting I, R obyn Densmore, C ity S ecretary for the C ity of G eorgetown, Texas, do hereby c ertify that this Notice of Meeting was pos ted at C ity Hall, 808 Martin Luther King Jr. S treet, G eorgetown, T X 78626, a plac e readily ac cessible to the general public as required by law, on the _____ day of _________________, 2022, at __________, and remained so pos ted for at leas t 72 c ontinuous hours prec eding the s cheduled time of said meeting. __________________________________ R obyn Dens more, C ity S ec retary Page 2 of 98 City of Georgetown, Texas City Council Workshop January 11, 2022 S UBJEC T: P resentation and discussion regarding the City’s Debt P rogram -- Leigh Wallace, Finance Director I T EM S UMMARY: This annual overview of current and propo sed debt obligations is a re quireme nt of the City’s Fiscal and Budgetary P olicy. The purpose is to review the debt management program, o utstanding debt, and a preview of the 2022 debt sale. The review includes Revenue bonds, General Obligation bonds, Certificate of Obligation bonds, and Self-Supporting obligations. The P roposed Debt Issue discussed in the pre sentatio n will be finalized during an action item on the Fe bruary 22nd Council meeting agenda. F I NANC I AL I MPAC T: . S UBMI T T ED BY: Sharon P arker AT TAC HMENT S : Description Debt O verview P res entation 2022 G O - C O Timetable Debt - Draft Updated Utility Debt Utility Debt C overage R ation Page 3 of 98 Annual Debt Program Overview Council Workshop 1/11/22 Page 4 of 98 2 Annual Debt Overview 2022 Budget Tax Impact Five-Year Capital Improvement Plan Page 5 of 98 3 Debt Planning Budget development includes the capital plan and the debt plan 2022 Budget included proposed debt with estimated tax and rate impacts (for the following year) •Refine the 2022 debt plan as project timing and costs are updated Page 6 of 98 4 Debt Policies Provide debt update annually Balance needs of the City between pay as you go and debt financing •Stability of tax rate Explore all funding options for a capital item Finance a capital item over its useful life Method of sale – depends on market conditions-competitive or negotiated Inter-generational equity –all users of the asset help pay for the debt, instead of the residents in one particular year Page 7 of 98 5 Types of Debt •General Obligation Bonds •Used for large projects, such as Southeast Community Park, D. B. Wood Road, & Shell Road •Approved by the voters •Repaid with property taxes over long terms Page 8 of 98 6 Types of Debt Certificates of Obligation -Tax Backed •Used for required or routine items, such as Public Safety Equipment, & Public Safety Vehicles, as well as other improvements, such as park improvements. •Used for construction of public safety facilities and renovation of current City facilities, such as the Georgetown Municipal Complex. •Public notice required •Repaid with property taxes •Term over the life of the asset Page 9 of 98 7 Types of Debt Certificates of Obligation -Self Supporting •Used for various projects, such as but not limited to: Stormwater, Solid Waste, GTEC, GEDCO, and TIRZ •Public notice required •Repaid with revenue other than general property tax •Sales tax •Drainage fees •TIRZ property taxes •Solid Waste fees •Term over the life of the asset Page 10 of 98 8 Types of Debt Revenue Bonds •Used for large electric and water projects •Repaid with utility revenue over life of asset Page 11 of 98 9 Types of Debt •Refunding Bonds •This is an option when the call date is reached on any bond type •The call date is typically 10 years after a 20 year bond is sold •Options are reviewed with Financial Advisor to see if it’s in the best interest of the City •This option is selected to refinance with a lower interest rate and receive a savings on the debt balance Page 12 of 98 10 Current Bond Ratings •Independent review of City’s management and financial condition to determine creditworthiness •Impacts the interest rate of the bond •Standard & Poor’s 2021 Rating •General Obligation -AA+ •Revenue Bonds -A+ Page 13 of 98 11 Debt Coverage Ratio •For revenue bonds •Combined water and electric coverage •Number of times net operating revenue can cover debt service •Bond covenants 1.35x •Fiscal and Budgetary Policy 1.5x •FY21 preliminary actual coverage is 2.83 •FY22 adopted budget coverage is 2.47 Page 14 of 98 12 Current Tax Rate Total 40.1 cents per $100 assessed valuation •Interest & Sinking 23.96 cents •Operations & Maintenance 16.13 cents Tax Rate Estimate •2021 Road Bond –up to 3 cent impact estimated •Due to increased assessed values, total tax rate decreased more than 1 cent City decreased the tax rate the last 2 years •--FY22/0.401 •--FY21/0.418 •--FY20/0.42 Page 15 of 98 13 Current Tax ObligationNot Including Self Funded Obligations Other City Facilities 13% Parks/Rec & Facilities 11% Public Safety 27% Streets and Transportation 49% General Government Tax Supported Debt $197M Other City Facilities Parks/Rec & Facilities Public Safety Streets and Transportation Page 16 of 98 14 5 Year Tax Supported DebtNot Including Self Funded Obligations 0 50,000,000 100,000,000 150,000,000 200,000,000 250,000,000 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 CO's GO's Dol l a r s Page 17 of 98 15 Debt per Capita $136,885,866 $158,154,681 $169,958,125 $170,891,271 $197,480,272 $2,000 $2,100 $2,200 $2,300 $2,400 $2,500 $2,600 $2,700 $0 $50,000,000 $100,000,000 $150,000,000 $200,000,000 $250,000,000 2016/17 2017/18 2018/19 2019/20 2020/21 Total Tax Supported Debt per Capita Page 18 of 98 16 Enterprise Obligations Electric 22% Electric-Winter Storm Energy Costs 29% Irrigation 0% Stormwater Drainage 3% Water 29% Airport 1% Wastewater 16% Enterprise Debt $169M Electric Electric-Winter Storm Energy Costs Irrigation Stormwater Drainage Water Airport Wastewater Page 19 of 98 17 5 Year Enterprise Debt, Including Self Supported Debt 0 20,000,000 40,000,000 60,000,000 80,000,000 100,000,000 120,000,000 140,000,000 160,000,000 180,000,000 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 Water/WW/Irrigation Electric Electric - PPFCO Stormwater/Airport Page 20 of 98 18 Debt Per Customer $1,608 $1,320 $1,414 $1,158 $1,212 $1,267 $1,051 $960 $855 $895 $933 0 200 400 600 800 1000 1200 1400 1600 1800 2016/17 2017/18 2018/19 2019/20 2020/21 Outstanding Debt per Utility Customer PPFCO Debt Per Customer Electric Debt Per Customer W/WW Debt Per Customer Page 21 of 98 19 Historical Assets Net of Debt $- $100 $200 $300 $400 $500 $600 $700 $800 $900 2016 2017 2018 2019 2020 Millions City Assets Net of Related Debt General Utility Page 22 of 98 20 Tax Impact Analysis The Five-Year Debt Model, which is updated annually, is a tool to better understand the impacts of issuing debt. Allows for scenario testing and the adjustment of multiple variables including assessed value, sales tax, tax rate distribution, and debt service requirements. Reviewed with Council each summer. Page 23 of 98 21 How the Model Works Page 24 of 98 22 Assumptions •Small changes can have big results •Use Current I&S Tax Rate: 23.96 cents •Use Current O&M Tax Rate: 16.13 cents •Use Current Ratio of 50/50 for tax ceiling revenue •Base Assessed Value growth of 24.58% (based on TNT data) in FY2022, 10% in FY2023, 7% assumed for all other years. •Interest rate of 2.80% in FY 2021, increasing to 3.8% in year 5 •Structure of debt payments: pay-back period and payment size could vary Page 25 of 98 23 5 Year Tax Backed CIP Page 26 of 98 24 FY 2022 Proposed Debt Tax Supported –General Obligation Page 27 of 98 25 FY 2022 Proposed Debt Tax Supported –Certificate of Obligation Page 28 of 98 26 Supporting the Debt •No property tax impact in the five-year model based on assumptions mentioned. •Strong and consistent growth in assessed values in our community. •Prior to the 2021 Mobility Bond approval, Council’s annual spending plan was between $18-$20 million per year for the next 5 years. •This list includes the expedited 2021 Mobility Bond approval. Council approved moving the plan from a 7 year to a 5 year funding plan, which began in FY21. Page 29 of 98 27 Bond Authorization Remaining General Obligation Debt Authorized by the Voters 2008 Roads 2008 Parks 2015 Roads 2021 Roads Total Amount Authorized by the Voters 46,000,000 35,500,000 105,000,000 90,000,000 276,500,000 Year & Issue 2009 1,175,000 0 0 1,175,000 2010 1,365,000 0 0 1,365,000 2010A 9,435,000 2,500,000 0 11,935,000 2012 0 0 0 0 2012A 0 0 0 0 2013 0 5,000,000 0 5,000,000 2014 4,800,000 0 0 4,800,000 2015 4,375,000 0 0 4,375,000 2015A 1,710,000 10,075,000 11,785,000 2016 3,000,000 10,000,000 13,000,000 2017 6,500,000 2,635,000 9,135,000 2018 3,900,000 4,000,000 16,550,000 24,450,000 2019 5,330,000 5,330,000 2020 9,080,000 9,080,000 2021 1,000,000 6,800,000 7,800,000 2021A 4,000,000 3,005,000 20,995,000 28,000,000 Total Issued 29,050,000 23,710,000 63,475,000 20,995,000 137,230,000 Authorization Remaining 16,950,000 11,790,000 41,525,000 69,005,000 139,270,000 *Includes allocated premium which counts towards the voter authorization. Page 30 of 98 28 Plan for Callable Tax Backed Debt in 2022 •Several tax supported bonds are callable in August 2022 –2012 GO Refunding; 2013 GO; 2013 CO; and 2013 GO Refunding •$13.8 million total is callable •Keep updating our model and review market conditions; likely execute some of both options •Defease option –repayment counts toward debt expense in FY2023 property tax rate calculation •Option to help hold the tax rate steady and create capacity for future projects desired by Council/community •Still results in a savings in interest expense over remaining life of bonds •Will bring back estimates at a later date •Refunding option –estimated savings is $1 million total over remaining life of bonds •Administratively easier and fewer fees to roll refunding process into rest of spring debt issue process (versus waiting and refunding in a separate process) Page 31 of 98 29 FY 2022 Proposed Debt Self Supported –Certificate of Obligation Page 32 of 98 30 Supporting the Debt •The current Stormwater rates can support the issuing of more debt in these funds. •Due to continued strong sales tax collections, the GTEC debt can be supported. •The current Airport revenue and available fund balance can support issuing of more debt in the fund. Page 33 of 98 31 FY 2022 Proposed Debt Electric/Water –Revenue Bonds Page 34 of 98 32 Supporting the Debt CURRENT RATES FOR WATER AND ELECTRIC CAN SUPPORT THE ISSUING OF NEW DEBT. WATER RATE STUDY PHASE I COMPLETED IN 2020 TO SUPPORT INFRASTRUCTURE; ANNUAL EVALUATION OF WATER AND ELECTRIC RATES DURING HIGH GRWOTH PERIOD TO SUPPORT DEBT NEEDS ELECTRIC AND WATER FINANCIAL MODEL AND RATES UNDER REVIEW IN 2022. PHASE II OF WATER RATE STUDY UNDERWAY INCREASE IN COSTS DUE TO SUPPLY CHAIN AND LABOR; WATER IMPACT FEE RECONCILIATION; BRING BACK POTENTIAL RATE IMPACTS TO COUNCIL Page 35 of 98 33 Takeaways •The City continues to aggressively implement infrastructure improvements to match the voter approved projects. •The debt correlates to population growth and voter approved projects to improve services and quality of life. •The City continues to experience strong economic growth. •Economic forecast shows the City can fund the current CIP plan within the current tax rates. •Water and Electric rate studies currently in process will bring rate options forward this year that address infrastructure growth pressures and keep the utilities financially sound. •Stormwater and Environmental rate studies planned for later in 2022. Page 36 of 98 34 Next Steps •Budget Amendment –Jan 2022-Update Debt Issue Amounts •February 2022 Council Agenda •Authorize Financial Advisors to proceed with bond sale schedule and documents •Approve Notice of Intent to issue Certificates of Obligation •March 2022 •Offering Statements reviewed by staff •Staff meet with bond rating agency •April 2022 Council Agenda •Approve results of competitive sale •May 2022–Closing and Receive Proceeds •TBD workshop dates –results of Water and Electric rate studies Page 37 of 98 S M T W T F S S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 1 2 3 4 5 1 2 1 2 3 4 5 6 7 6 7 8 9 10 11 12 6 7 8 9 10 11 12 3 4 5 6 7 8 9 8 9 10 11 12 13 14 13 14 15 16 17 18 19 13 14 15 16 17 18 19 10 11 12 13 14 15 16 15 16 17 18 19 20 21 20 21 22 23 24 25 26 20 21 22 23 24 25 26 17 18 19 20 21 22 23 22 23 24 25 26 27 28 27 28 27 28 29 30 31 24 25 26 27 28 29 30 29 30 31 February March April May City of Georgetown, Texas Timetable for Issuance of General Obligation Bonds and Certificates of Obligation, Series 2022 Tuesday, February 22, 2022* • City Council authorizes 2022 financing schedule. • The City Council considers a resolution directing publication of the notice of intent to issue debt for the Certificates of Obligation. Wednesday, March 2, 2022 • Preliminary Official Statement (POS) is electronically distributed by FA for comments. • Bond rating application made. Friday, March 11, 2022 • POS comments returned to FA. Tuesday, March 2022 • FY 2021 Audit approved by City Council. Week of March 27, 2022 • Rating calls with Standard & Poor’s. Friday, April 15, 2022 • Bond ratings assigned. Monday, April 18, 2022 • POS electronically posted using I-Deal. Tuesday, April 26, 2022* • Sale. Series 2022 issues are priced and awarded by City Council. Thursday, May 19, 2022 • Closing. Series 2022 issues are delivered and proceeds distributed in accordance with Closing Instructions. _____________ * Requires Official Council Meeting. Page 38 of 98 DEBT MANAGEMENT POLICY The City’s goal is to fund capital improvement projects on a “pay as you go” basis whenever possible. For large infrastructure projects and during heavy growth, debt financing is sometimes required. Debt financed projects must meet the City’s financing criteria as included in the Fiscal and Budgetary Policy. The complete policy can be found at the beginning of the Reference section of this document. XIV. 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. The City will seek input on major projects funded with debt via bond elections, master planning exercises, board meetings, budget workshops, and other methods as needed. A Debt Condition Update report will be provided annually. The City’s debt management objective is to maintain level debt service that does not adversely impact tax or utility rates and does not hinder the City’s ability to effectively operate the utility systems, street network, or other facilities. The City’s debt payments must stay within provisions of state law, bond covenants, and council adopted policies. All of these criteria and objectives are met with the debt financing proposed in this budget. The City of Georgetown’s bonds are rated: Rating Agency General Obligation Date Obtained Utility Revenue Date Obtained Standard & Poor's AA+ 7/29/2021 A+ 7/13/2021 LEGAL DEBT MARGIN FOR GENERAL OBLIGATIONS All taxable property within the City is subject to the assessment, levy, and collection by the City. Annually, the City evaluates direct ad valorem tax revenue to ensure payment of principal and interest on the Bonds within the limits prescribed by law. Article XI, Section 5, of the Texas Constitution is applicable to the City, and limits the maximum ad valorem tax rate to $2.50 per $100 of assessed valuation (for all City purposes). The Charter of the City adopts the provisions of the constitution without further limitation. Under rules promulgated by the Office of the Attorney General of Texas, such office will not approve tax bonds for the City unless the City can demonstrate its ability to pay debt service requirements on all outstanding City tax bonds, including the issue to be approved, from a tax levy of $1.50 per $100 of valuation, based on 90% collection of tax. Current Debt Obligations The following tables and graphs illustrate the City’s current debt obligations. There are three main categories related to types of debt. They are General Government Debt, which is backed by property taxes, Enterprise Debt, which is backed by utility rates, and Self- Supporting Debt, which is backed by fees and other revenue sources. Allowable levy per $100 valuation 1.50 $ Proposed levy for debt service (included in total adopted rate of $0.401) 0. 239681 Percentage of allowable levy used 14.9% Page 39 of 98 Outstanding Debt Summary - By Type as of 10/1/2021 Outstanding Debt %FY 2022 Principal & Interest General Government Debt CO - Self Supporting GEDCO 2,390,000 5%202,769 General Fund-Solid Waste 10,060,000 23%710,635 GTEC 25,490,000 57%1,991,248 Rivery TIRZ 6,715,000 15%610,820 CO - Self Supporting Total 44,655,000 100%3,515,473 General Government Tax Supported Debt CO's and GO's Other City Facilities 25,272,082 13%4,765,570 Parks and Recreation Facilities 22,706,990 11%2,013,131 Public Safety 52,405,900 27%6,003,517 Streets and Transportation 97,095,300 49%10,433,198 General Government Tax Supported Debt CO's and GO's Total 197,480,272 100%23,215,415 Refinanced GO - Self Supporting GTEC 4,842,627 100%1,134,238 Refinanced GO - Self Supporting Total 4,842,627 100%1,134,238 General Government Debt Total 246,977,899 27,865,126 GTEC Sales Tax Revenue Bond GTEC 4,340,000 100%839,750 Sales Tax Revenue Bond Total 4,340,000 100%839,750 GTEC Total 4,340,000 839,750 Enterprise Debt CO - Self Supporting Airport 1,850,000 6%142,961 Electric 6,040,000 20%467,200 Stormwater 3,489,310 12%331,156 Water 18,300,000 62%1,307,458 CO - Self Supporting Total 29,679,310 100%2,248,775 Public Property Finance Contractual Obligation Bonds Electric 48,025,000 100%5,301,240 Public Property Finance Contractual Obligation Bonds Total 48,025,000 100%5,301,240 Refinanced GO - Self Supporting Airport 164,735 5%41,138 Electric 2,061,599 68%468,710 Stormwater 826,458 27%149,505 Refinanced GO - Self Supporting Total 3,052,792 100%659,354 Refinanced Revenue Bonds Electric 346,500 5%58,212 Irrigation 118,800 2%19,958 Wastewater 1,184,700 16%199,030 Water 5,600,000 77%720,600 Refinanced Revenue Bonds Total 7,250,000 100%997,800 Utility Revenue Bonds Electric 29,379,299 36%3,444,929 Irrigation 232,638 0%100,706 Wastewater 26,083,415 32%2,789,377 Water 25,569,649 31%2,766,909 Utility Revenue Bonds Total 81,265,000 100%9,101,921 Enterprise Debt Total 169,272,101 18,309,090 Grand Total 420,590,000 47,013,965 Page 40 of 98 Enterprise Debt The following table and graph represent all types of Enterprise Debt, including Revenue, CO, PPFCO, and Refinanced GO bonds. All Enterprise Debt is backed by utility revenue. The table and graph reflect the total principal and interest balances for each funding source. Some examples of projects that are included in this type of debt are wastewater treatment plants, electric infrastructure, water plants. The balances do not include debt that will be issued in the Spring of 2022. Enterprise Debt Principal Interest Total Requirements % Airport 2,014,735 596,018 2,610,753 1.28% Electric 37,827,397 9,153,440 46,980,838 23.07% Electric -PPFCO 48,025,000 4,963,509 52,988,509 26.02% Irrigation 351,438 46,951 398,389 0.20% Stormwater 4,315,768 1,070,738 5,386,506 2.64% Wastewater 27,268,115 7,333,641 34,601,756 16.99% Water 49,469,649 11,229,657 60,699,305 29.80% Enterprise Debt 169,272,101 34,393,955 203,666,056 100.00% General Government Debt The following table and graph represent all types of General Government Debt, including Certificate of Obligations and General Obligations. General Obligation debt is authorized by citizen vote prior to debt being issued. General Government Debt is backed by the property tax rate. Some examples of projects that are included in this type of debt are Parks improvements, Public Safety facilities and vehicles, major street projects, and City facilities. The balances do not include debt that will be issued in the Spring of 2022. Tax Supported Debt Principal Interest Total Requirements % Other City Facilities 25,272,082 4,524,270 29,796,352 11.88% Parks and Recreation Facilities 22,706,990 6,587,269 29,294,259 11.68% Public Safety 52,405,900 14,589,425 66,995,325 26.71% Streets and Transportation 97,095,300 27,674,554 124,769,854 49.74% Tax Supported Debt 197,480,272 53,375,520 250,855,792 100.00% Other City Facilities Parks & Recreation Public Safety Streets and Transportation General Government Tax Supported Debt Page 41 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY General Government Debt – General Obligation Bonds and Certificate of Obligation – Tax Supported. General Government Debt-Tax Supported Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 197,480,272 16,292,909 6,922,506 23,215,415 FY2023 181,187,363 14,056,188 6,250,561 20,306,749 FY2024 167,131,175 14,356,586 5,723,809 20,080,395 FY2025 152,774,589 14,232,440 5,152,598 19,385,038 FY2026 138,542,149 12,167,343 4,587,324 16,754,667 FY2027 126,374,806 12,298,486 4,122,023 16,420,509 FY2028 114,076,320 11,110,424 3,684,331 14,794,755 FY2029 102,965,896 11,441,584 3,266,490 14,708,074 FY2030 91,524,312 10,993,558 2,846,191 13,839,749 FY2031 80,530,754 10,588,558 2,449,254 13,037,812 FY2032 69,942,196 10,119,062 2,080,989 12,200,051 FY2033 59,823,134 10,387,066 1,756,407 12,143,473 FY2034 49,436,068 10,376,068 1,424,062 11,800,130 FY2035 39,060,000 10,215,000 1,088,450 11,303,450 FY2036 28,845,000 8,395,000 793,076 9,188,076 FY2037 20,450,000 7,565,000 551,439 8,116,439 FY2038 12,885,000 5,130,000 331,208 5,461,208 FY2039 7,755,000 3,300,000 188,425 3,488,425 FY2040 4,455,000 2,200,000 103,825 2,303,825 FY2041 2,255,000 2,255,000 52,550 2,307,550 Total 197,480,272 53,375,520 250,855,792 Page 42 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY General Obligation Refinanced – Self Supporting Bond – GTEC. The debt is issued for specific transportation projects related to Economic Development. It is repaid through dedicated revenues from the half cent sales tax specified for economic development. Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 4,842,627 959,966 174,272 1,134,238 FY2023 3,882,661 889,290 139,522 1,028,812 FY2024 2,993,371 903,816 107,013 1,010,829 FY2025 2,089,555 660,816 75,066 735,882 FY2026 1,428,739 502,894 50,893 553,787 FY2027 925,845 418,538 33,727 452,265 FY2028 507,308 191,814 20,216 212,030 FY2029 315,494 155,493 13,379 168,872 FY2030 160,001 52,500 7,450 59,950 FY2031 107,501 52,500 4,825 57,325 FY2032 55,001 55,000 2,200 57,200 Total 4,842,627 628,564 5,471,190 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 FY2031 FY2032 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 General Debt Service -Refinanced GO -Self Supporting (GTEC) Principal Interest Page 43 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Certificate of Obligation– Self Supporting Bonds. Projects included are for GTEC, GEDCO, and the Rivery TIRZ. Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 44,655,000 1,995,000 1,520,473 3,515,473 FY2023 42,660,000 2,145,000 1,372,148 3,517,148 FY2024 40,515,000 2,240,000 1,287,476 3,527,476 FY2025 38,275,000 2,320,000 1,194,630 3,514,630 FY2026 35,955,000 2,415,000 1,098,310 3,513,310 FY2027 33,540,000 2,495,000 1,019,970 3,514,970 FY2028 31,045,000 2,575,000 942,801 3,517,801 FY2029 28,470,000 2,670,000 857,154 3,527,154 FY2030 25,800,000 2,750,000 765,724 3,515,724 FY2031 23,050,000 2,860,000 674,507 3,534,507 FY2032 20,190,000 2,965,000 575,591 3,540,591 FY2033 17,225,000 3,075,000 472,203 3,547,203 FY2034 14,150,000 3,165,000 380,266 3,545,266 FY2035 10,985,000 3,270,000 284,867 3,554,867 FY2036 7,715,000 2,460,000 189,581 2,649,581 FY2037 5,255,000 1,480,000 121,881 1,601,881 FY2038 3,775,000 1,110,000 83,150 1,193,150 FY2039 2,665,000 1,130,000 57,150 1,187,150 FY2040 1,535,000 760,000 30,700 790,700 FY2041 775,000 775,000 15,500 790,500 Grand Total 44,655,000 12,944,080 57,599,080 Page 44 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Senior Lien Sales Tax Revenue Refunding Bonds - GTEC. GTEC Debt - Sales Tax Revenue Bond Outstanding Beginning of Year Principal Interest Total Requirements FY2022 4,340,000 645,000 194,750 839,750 FY2023 3,695,000 670,000 168,950 838,950 FY2024 3,025,000 705,000 135,450 840,450 FY2025 2,320,000 740,000 100,200 840,200 FY2026 1,580,000 775,000 63,200 838,200 FY2027 805,000 805,000 32,200 837,200 Total 4,340,000 694,750 5,034,750 0 200,000 400,000 600,000 800,000 1,000,000 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 GTEC Debt Service -Sales Tax Revenue Bond Principal Interest Page 45 of 98 ENTERPRISE DEBT SUMMARY OF DEBT SERVICE CHARGES TO MATURITY The following summary includes all Enterprise Debt, including Revenue Bonds, CO’s, Electric PPFCO and Refinanced GO’s. The Revenue Bonds are issued to finance construction of electric, water, and wastewater improvements, and secured by the net operating revenue of all combined utilities. The allocation of debt principal is based on the use of each bond issue. Each utility pays debt service from operating revenues. The Brazos River Authority Contractual Obligations are the liability of the Water Services Fund. Enterprise Debt Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements BRA Contract FY2022 169,272,102 13,152,125 5,156,965 18,309,090 1,985,711 FY2023 156,119,977 13,319,522 4,335,940 17,655,462 2,027,715 FY2024 142,800,455 13,214,598 3,935,469 17,150,067 2,029,629 FY2025 129,585,857 13,616,744 3,541,292 17,158,036 2,025,903 FY2026 115,969,113 13,659,763 3,134,083 16,793,846 2,038,489 FY2027 102,309,350 13,407,976 2,740,984 16,148,960 2,030,105 FY2028 88,901,373 12,912,762 2,379,954 15,292,716 2,015,618 FY2029 75,988,611 12,577,923 2,037,247 14,615,170 2,011,450 FY2030 63,410,688 11,823,942 1,711,580 13,535,522 2,016,185 FY2031 51,586,746 12,188,942 1,359,825 13,548,767 2,010,597 FY2032 39,397,804 6,670,938 1,106,741 7,777,679 919,298 FY2033 32,726,866 6,872,934 907,501 7,780,435 95,266 FY2034 25,853,932 6,808,932 705,336 7,514,268 FY2035 19,045,000 5,975,000 502,276 6,477,276 FY2036 13,070,000 3,925,000 334,321 4,259,321 FY2037 9,145,000 3,370,000 220,603 3,590,603 FY2038 5,775,000 1,775,000 123,590 1,898,590 FY2039 4,000,000 1,355,000 80,650 1,435,650 FY2040 2,645,000 1,310,000 52,900 1,362,900 FY2041 1,335,000 1,335,000 26,700 1,361,700 Enterprise Debt Total 169,272,101 34,393,955 203,666,056 21,205,966 Page 46 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Electric – Utility Revenue Bonds, CO’s, and Refinanced GO – Revenue Bonds. Electric(Non PPFCO) Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 37,827,397 3,114,826 1,324,226 4,439,052 FY2023 34,712,571 3,033,295 1,166,222 4,199,516 FY2024 31,679,276 3,028,121 1,046,329 4,074,450 FY2025 28,651,156 3,158,647 929,368 4,088,014 FY2026 25,492,509 3,074,054 806,802 3,880,856 FY2027 22,418,454 2,770,016 690,855 3,460,872 FY2028 19,648,438 2,261,294 594,614 2,855,909 FY2029 17,387,144 2,043,560 515,916 2,559,476 FY2030 15,343,583 1,856,332 448,735 2,305,067 FY2031 13,487,252 1,920,203 389,097 2,309,300 FY2032 11,567,049 1,922,954 332,225 2,255,178 FY2033 9,644,095 1,979,042 275,210 2,254,252 FY2034 7,665,053 2,051,046 216,233 2,267,279 FY2035 5,614,007 1,663,673 154,474 1,818,147 FY2036 3,950,334 1,145,334 108,104 1,253,438 FY2037 2,805,000 1,055,000 73,556 1,128,556 FY2038 1,750,000 760,000 41,675 801,675 FY2039 990,000 325,000 19,800 344,800 FY2040 665,000 330,000 13,300 343,300 FY2041 335,000 335,000 6,700 341,700 Grand Total 37,827,397 9,153,440 46,980,838 Page 47 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Electric – The PPFCO was used to cover the extreme energy costs of Winter Storm Uri in spring of FY2021. This debt is 100% self-supporting from Electric sales revenues under current rates. PPFCO Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 48,025,000 4,175,000 1,126,240 5,301,240 FY2023 43,850,000 4,540,000 758,605 5,298,605 FY2024 39,310,000 4,620,000 680,063 5,300,063 FY2025 34,690,000 4,700,000 600,137 5,300,137 FY2026 29,990,000 4,780,000 518,827 5,298,827 FY2027 25,210,000 4,860,000 436,133 5,296,133 FY2028 20,350,000 4,945,000 352,055 5,297,055 FY2029 15,405,000 5,030,000 266,507 5,296,507 FY2030 10,375,000 5,120,000 179,488 5,299,488 FY2031 5,255,000 5,255,000 45,456 5,300,456 Grand Total 48,025,000 4,963,509 52,988,509 Page 48 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Water Services – Utility Revenue Bonds, CO’s, and Refinanced GO – Revenue Bonds. Water Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 49,469,649 3,311,975 1,482,992 4,794,967 FY2023 46,157,673 3,261,031 1,297,266 4,558,297 FY2024 42,896,642 3,149,240 1,201,649 4,350,890 FY2025 39,747,402 3,247,159 1,106,579 4,353,738 FY2026 36,500,243 3,352,733 1,010,884 4,363,617 FY2027 33,147,510 3,439,114 911,495 4,350,609 FY2028 29,708,396 3,528,948 811,726 4,340,674 FY2029 26,179,448 3,630,218 708,589 4,338,807 FY2030 22,549,230 2,980,785 600,931 3,581,715 FY2031 19,568,445 3,085,873 501,167 3,587,040 FY2032 16,482,572 2,755,315 410,720 3,166,035 FY2033 13,727,257 2,844,311 330,962 3,175,273 FY2034 10,882,946 2,643,307 253,192 2,896,499 FY2035 8,239,639 2,166,889 181,352 2,348,241 FY2036 6,072,750 1,156,875 129,468 1,286,343 FY2037 4,915,875 1,185,875 102,386 1,288,261 FY2038 3,730,000 905,000 74,600 979,600 FY2039 2,825,000 925,000 56,500 981,500 FY2040 1,900,000 940,000 38,000 978,000 FY2041 960,000 960,000 19,200 979,200 Grand Total 49,469,649 11,229,657 60,699,305 Page 49 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Wastewater Services – Utility Revenue Bonds, CO’s, and Refinanced GO – Revenue Bonds. Wastewater Year Ending September Outstanding Beginning of Year Principal Interest Total Requirements FY2022 27,268,115 2,006,086 982,321 2,988,407 FY2023 25,262,029 1,948,413 897,594 2,846,008 FY2024 23,313,616 1,909,442 812,108 2,721,549 FY2025 21,404,174 1,990,683 731,475 2,722,158 FY2026 19,413,491 1,987,498 645,810 2,633,307 FY2027 17,425,994 1,858,603 567,878 2,426,481 FY2028 15,567,390 1,739,003 504,519 2,243,522 FY2029 13,828,387 1,466,200 444,355 1,910,555 FY2030 12,362,187 1,517,883 394,456 1,912,339 FY2031 10,844,304 1,563,924 347,931 1,911,855 FY2032 9,280,380 1,611,732 299,644 1,911,376 FY2033 7,668,648 1,661,647 249,880 1,911,527 FY2034 6,007,001 1,715,647 197,076 1,912,723 FY2035 4,291,354 1,769,438 141,015 1,910,453 FY2036 2,521,916 1,502,791 83,185 1,585,976 FY2037 1,019,125 1,019,125 34,395 1,053,520 Grand Total 27,268,115 7,333,641 34,601,756 Page 50 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Irrigation-Certificates of Obligation – SELF-SUPPORTING. Debt issued for specific purpose and repaid through dedicated revenues. Irrigation Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 351,438 105,800 14,864 120,664 FY2023 245,638 69,130 10,488 79,618 FY2024 176,508 35,863 7,568 43,430 FY2025 140,645 37,395 5,971 43,366 FY2026 103,250 38,928 4,306 43,234 FY2027 64,323 34,808 2,573 37,380 FY2028 29,515 29,515 1,181 30,696 Grand Total 351,438 46,951 398,389 Page 51 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Airport-Certificates of Obligation – SELF-SUPPORTING. Debt issued for specific purpose and repaid through dedicated revenues. Airport Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 2,014,735 110,605 73,494 184,099 FY2023 1,904,130 121,555 64,904 186,458 FY2024 1,782,576 122,792 59,942 182,734 FY2025 1,659,784 123,736 54,633 178,369 FY2026 1,536,048 100,444 49,289 149,733 FY2027 1,435,604 105,572 45,570 151,142 FY2028 1,330,032 105,032 41,647 146,679 FY2029 1,225,000 105,000 37,684 142,684 FY2030 1,120,000 110,000 33,771 143,771 FY2031 1,010,000 120,000 29,646 149,646 FY2032 890,000 125,000 25,596 150,596 FY2033 765,000 125,000 21,309 146,309 FY2034 640,000 125,000 17,359 142,359 FY2035 515,000 130,000 13,328 143,328 FY2036 385,000 75,000 9,365 84,365 FY2037 310,000 80,000 7,415 87,415 FY2038 230,000 80,000 5,365 85,365 FY2039 150,000 70,000 3,300 73,300 FY2040 80,000 40,000 1,600 41,600 FY2041 40,000 40,000 800 40,800 Grand Total 2,014,735 596,018 2,610,753 Page 52 of 98 SUMMARY OF DEBT SERVICE CHARGES TO MATURITY Stormwater-Certificates of Obligation – SELF-SUPPORTING. Debt issued for specific purpose and repaid through dedicated revenues. Stormwater Year Ending September 30 Outstanding Beginning of Year Principal Interest Total Requirements FY2022 4,315,768 327,833 152,829 480,662 FY2023 3,987,936 346,098 140,861 486,959 FY2024 3,641,838 349,141 127,810 476,951 FY2025 3,292,697 359,124 113,129 472,253 FY2026 2,933,573 326,107 98,165 424,271 FY2027 2,607,466 339,864 86,480 426,344 FY2028 2,267,602 303,970 74,211 378,181 FY2029 1,963,632 302,944 64,197 367,141 FY2030 1,660,688 238,942 54,200 293,142 FY2031 1,421,746 243,942 46,528 290,470 FY2032 1,177,804 255,938 38,555 294,493 FY2033 921,866 262,934 30,140 293,074 FY2034 658,932 273,932 21,476 295,408 FY2035 385,000 245,000 12,108 257,108 FY2036 140,000 45,000 4,200 49,200 FY2037 95,000 30,000 2,850 32,850 FY2038 65,000 30,000 1,950 31,950 FY2039 35,000 35,000 1,050 36,050 Grand Total 4,315,768 1,070,738 5,386,506 Page 53 of 98 UTILITY REVENUE BOND DEBT COVERAGE The City has agreed, through its financial policies, to maintain a minimum “times coverage” ratio of 1.50 for the combined utilities. The bond ordinances allows the City to eliminate its reserve fund requirement with coverage of 1.35 or better. The times ratio is calculated using the net revenue available for debt service from the combined Water, Electric, and Wastewater utilities’ operations divided by the combined debt service requirement of both the Electric and Water Service Funds. The times coverage ratio is also reviewed by bond rating agency analysts when the City receives a rating for a potential utility bond issue. The Annual Budget provides the revenue to debt ratios shown below. *FY2021 times coverage ratio is calculated using preliminary, unaudited actuals. *FY2022 times coverage ratio is calculated on budgeted FY2022 revenues and expenditures. Combined Electric Services and Water Services FY2021 Actuals Budget FY22 Adopted Operating Revenue Operating Income 153,360,587 149,920,305 Non-Operating Income 48,357,447 35,157,240 Other Financing Sources 1,562,058 - Operating Revenue Total 203,280,091 185,077,545 Operating Expense Operations 148,603,928 108,481,243 Transfers 9,964,696 10,568,990 Personnel 11,481,490 13,707,118 Operating Capital 1,166,872 7,567,619 Operating Expense Total 171,216,987 140,324,970 Net Operations Total 32,063,104 44,752,575 Debt Service Requirement Debt Service 11,331,254 18,152,684 Debt Service Requirement Total 11,331,254 18,152,684 Times Coverage Ratio 2.83 2.47 Page 54 of 98 City of Georgetown, Texas City Council Workshop January 11, 2022 S UBJEC T: P resentation, update and discussion regarding the City’s legislative program -- M ayra Cantu, Assistant to the City Manager I T EM S UMMARY: This presentation is a recap o f the legislative groundwork laid throughout 2020-2021 and a loo k into the goals for 2022 and the years to come. Beginning in 2 02 0 the City created a legislative task force comprised of the le adership of City Boards and Commissions. Staff wo rked with the task fo rce to develo p and ado pt the City’s State Legislative Agenda fo r the 87th regular session of the Texas legislature. A Legislative and Intergovernmental affairs subcommittee of Council was also created to guide advocacy activities. The subcommittee met on S ep. 29 to review the legislative advocacy efforts in the 87th legislative session and outline any changes needed for the 88th legislative session Two of the recommendations that came out of the meeting were to: Hire a full-time legislative position Change the scope of our contract with F ocused Advocacy to only electric and water utilities T his item seeks direction from C ouncil on the aforementioned recommendations. F I NANC I AL I MPAC T: $87,000 - 2022 Focused Advocacy contract option, and possible additional cost based on Council direction S UBMI T T ED BY: Mayra Cantu, Assistant to the City Manager AT TAC HMENT S : Description P resentation Page 55 of 98 Legislative Update Jan. 11, 2022 Page 56 of 98 2 Overview •2020 –2021 Recap •2022 –Looking Ahead •Council Direction Page 57 of 98 3 2020-21 Recap •Created legislative task force •Ad hoc group comprised of active leaders in the community –the leadership of City Boards and Commissions •Developed and adopted the City’s State Legislative Agenda •Created Legislative and Intergovernmental affairs subcommittee of Council •Staff worked collaboratively in and out of session with Focused Advocacy •Met with legislators on our behalf at the Capitol •Remained apprised of moving legislation •Analyzed bills with weekly updates •Submitted the City’s testimony Page 58 of 98 4 2020-2021 Recap 87th Legislature by the Numbers •6,927 bills filed •2,156 bills tracked (31%) –City related •1,073 bills passed •247 City-related bills tracked passed •1,429 bills passed (86th Legislative Session) Page 59 of 98 5 2020-21 Recap 87th Legislature Major Topics •Resiliency in electric and water •Power costs •ERCOT •City advocacy of legislation •Sales tax sourcing •Partisan city elections •Preemption of city regulation of state licensees •Expansion of videoconferencing and teleconferencing under TOMA •Land development shot clock expansion •ETJ removal •Mandatory sick leave •Omnibus disaster authority during pandemic •Extension of Chapter 313 incentives •Preemption of city employment regulations •Expanded liability for ballot language Page 60 of 98 2022 –Looking Ahead Page 61 of 98 7 2022-2023 Goals •Enhance relationships within Texas legislature & federal, state, and county partners •Heighten attention to certain legislation •Water, electric, and land-use •Work in introducing and influencing potential legislation •Shot clock •Continue grassroots outreach and engagement of Georgetown residents in establishing the legislative agenda •Track legislation and provide advocacy Page 62 of 98 8 Legislative and Intergovernmental Affairs Subcommittee •Members: Mayor Josh Schroeder, Councilmember Kevin Pitts, and Councilmember Steve Fought •Subcommittee oversees •Development of state and federal legislative agendas •Position on local partner ordinances •Development of position papers •Policies and programs that promote interagency cooperation •Advocating activities Page 63 of 98 9 Legislative and Intergovernmental Affairs Subcommittee •Met on Sep. 29 to review the legislative advocacy efforts in the 87th legislative session and outline any changes needed for the 88th legislative session •Recommended: •Hire a full-time legislative position •Change the scope of our contract with Focused Advocacy to only electric and water utilities Page 64 of 98 10 Internal Staff Position •The City recognized a need for a dedicated intergovernmental affairs staff person this past session •Steadily increasing amount of City-related bills filed each session at the State level •Stronger relationships with local representatives (Federal, State, County, and Local Municipalities) •Higher need of analyzing bills and how they would impact Georgetown directly, instead of municipalities more broadly •Current process •City Management, Assistant to the City Manager, Directors, and City Attorney work in conjunction with Focused Advocacy on bill analysis related to specific impact to Georgetown •Identified a weakness given staffs full workloads given day-to-day roles and responsibilities •If a new position were hired •Internal staff member would be familiar with UDC, internal processes/procedures, etc. and would have a better grasp of legislative impact to Georgetown •More efficient •Full ownership without other roles and responsibilities that carves into their time •Estimated annual budget increase: net of ~$75-80K Page 65 of 98 11 Intergovernmental Affairs Position Roles and Responsibilities •Researches and reviews key pending legislation that may affect the City; interprets and analyzes potential impacts and prepares and coordinates appropriate responses to City staff, lobbyists, local, State, and Federal legislators, and/or others as appropriate; monitors and tracks pending bills to ensure timely and appropriate responses are sent •Facilitates appointments with members of Congress, members of the legislature, congressional staff and other persons representing legislative and regulatory agencies •Participates in meetings to discuss and evaluate proposed legislation; may represent the City’s position on legislation as appropriate in coalition meetings •Responds to and resolves inquiries and requests for information involving legislative or franchise utility matters •Provides oral and written testimony •Directs the filing of legislation •Manages legislative task force and City of Georgetown’s State and Federal legislative program •Develops and advocates City-wide legislative program •Acts as a resource for strategic partners such as TML and NLC •Coordinates with the City's contract lobbyists Page 66 of 98 12 Focused Advocacy Background •Focused Advocacy are leaders in local government and utility-related advocacy at the Texas Capitol •Founder and CEO –Curt Seidlits •Senior Vice President of Public Affairs for Energy Future Holdings, formerly TXU Corp. •Before joining TXU, Seidlits was the president and CEO of the Association of Electric Companies of Texas, a group representing the investor-owned electric companies in Texas •Seidlits served in the Texas House of Representatives from 1986 –1996 •He served on a variety of House Committees including Judiciary, Ways and Means, and Elections and Redistricting.In 1993, he was appointed chairman of the House State Affairs Committee Page 67 of 98 13 Focused Advocacy •Legislative and Intergovernmental Affairs Council subcommittee provided direction to staff to quote a GUS-only contract again with Focused Advocacy at their Sep. 29 meeting •A GUS-related scope of work would come at the rate of $7,250 a month •Currently the City is paying $8,683 for general city representation scope of work •Would be $250 less than last GUS only contract from 2016 •Typically, Focused Advocacy would have 2 agreements and fees for such combined representation (City and MOU) •Other Focused Advocacy City/MOU representation with separate agreements/fees include San Antonio/CPS, Denton/DME, Garland/GP&L, and Austin/AE. Page 68 of 98 14 Council Direction •Is Council supportive of hiring an internal intergovernmental affairs position this year? •Does council want the City to continue its full city representation with Focused Advocacy or shift to a utilities only scope of work? Page 69 of 98 Thank You Page 70 of 98 City of Georgetown, Texas City Council Workshop January 11, 2022 S UBJEC T: P resentation, update, and discussion regarding the plan for Intersection Improvements and Street Maintenance -- Eric J ohnson, P ublic Works Director; and Wesley Wright, Systems Engineering Director I T EM S UMMARY: This is a follow-up presentatio n and discussion fro m the N ove mber 23 , 2021 Workshop where Intersection Improvements and Street Maintenance was discussed. In sho rt, staff is moving forward with Council directio n to utilize excess Street M aintenance Fund Balance to improve Memorial Drive. Additionally, improvements are being recommended at the intersections of Wildwo od and Williams Drive, Southwestern and SE Inner Loop, and at Scenic and S H29/University for the current fiscal year. P lease see attached presentation for additional details. F I NANC I AL I MPAC T: Financial impact included in attached presentation. S UBMI T T ED BY: Wesley Wright AT TAC HMENT S : Description Inters ections and S treet Maintenance P res entation Page 71 of 98 Intersection Improvements (and Street Maintenance) January 11, 2022 Page 72 of 98 Agenda/Purpose •Follow-up to November 23rd Workshop on Intersections and Street Maintenance. •Street Maintenance •$3.75MM excess Fund Balance •Move forward with Memorial Dr. (Wolf Ranch Pkwy to Riverchase) •Design task order target to Council this Spring. •Construction early 2023. •Pavement Condition Index (PCI) Task Order this spring/summer •Reminder: November 8, 2022 Sales Tax Election •Proposed Intersection Improvements -2022 •Response to feedback and proposed improvements for 2022. Page 73 of 98 Feedback Received at 11/23/21 Workshop •Multiple sidewalk and crosswalk locations •Locations will be assessed and discussed further as part of upcoming FY23 budget process. Some require TxDOT coordination as well. •Active Signal Construction Projects •Rockride & Inner Loop –Operational •Westinghouse and Scenic Lake –Operational •Shell & Verde Vista –Materials ETA March, 60 days to construct •Williams & Estrella –Materials ETA March, 60 days to construct Page 74 of 98 Feedback Received at 11/23/21 Workshop (cont’d) •Williams & Serenda Restriping •Will be bid out Jan/Feb. ETA to Council March. •Williams and Wildwood •EB Williams onto SB Wildwood –Under Construction (Developer) •NB Wildwood onto EB Williams –Under Construction (Developer) •SB Wildwood onto WB Williams –Recommended for 2022 (future slide) •SE Inner Loop/SE section of town (multiple locations) •Continuously monitored –no additional locations currently meet warrants •All SE Inner Loop intersections assessed further with 2021 Road Bond widening project. •Coordinate with Wilco on SE1/Sam Houston/Maple/Inner Loop intersection Page 75 of 98 Feedback Received at 11/23/21 Workshop (cont’d) •FM1460 (High Tech & Quail Valley) •Neither intersection currently close to meeting signal warrants •Reassess Quail Valley intersection in OTP update –possible 4 way? •Austin Avenue Corridor Study •Leander Road to Williams Drive •Assess cost and feasibility as part of CAMPO 2022 funding •Align with upcoming Downtown Master Plan Update Page 76 of 98 Ongoing Signal Warrant Studies Intersection Score Westinghouse @ Vista View Dr. *Requested by Residents Ongoing Sun City Blvd @ Dell Web *To remain as-is 22.49 SE Inner Loop @ Southwestern 21.72 Leander Rd @ Escalera Pkwy *TxDOT 18.29 Warrants/Score: 1 -Eight-Hour Vehicular Volume 2 -Four-Hour Vehicular Volume 3 -Peak Hour 4 -Pedestrian Volume 5 -School Crossing 6 -Coordinated Signal System 7 -Crash Experience 8 -Roadway Network 9 -Intersection Near a Grade Crossing Intersection Score SE Inner Loop @ Maple St.16.95 University @ CR 103 15.50 Northwest Blvd @ Lakeway Dr.15.33 Austin Ave. @ 6th *Ped Flashers at 5th 15.32 Page 77 of 98 Ongoing Signal Warrant Studies Intersection Score Austin Ave @ 10rd St. *Ped Flashers in place 8.79 Austin Ave @ 16rd St. *Ped Flashers at 16th 8.39 Austin Ave @ 4th St. *Ped Flashers at 5th 8.25 Austin Ave @ W 18th St. *Ped Flashers at 16th 4.50 Warrants/Score: 1 -Eight-Hour Vehicular Volume 2 -Four-Hour Vehicular Volume 3 -Peak Hour 4 -Pedestrian Volume 5 -School Crossing 6 -Coordinated Signal System 7 -Crash Experience 8 -Roadway Network 9 -Intersection Near a Grade Crossing Intersection Score Sam Houston @ Maple St *Flashers/Advanced Warning 12.49 Austin Ave @ 3rd St. *Signal at 2nd 12.04 Austin Ave @ 5rd St. *Ped Flashers Spring 2022 11.49 Austin Ave @ 9rd St. *Ped Flashers at 10th, Signal at 8th 9.81 Page 78 of 98 Potential 2022 Intersection Projects •Wildwood & Williams Right Turn Lane •SB Wildwood onto WB Williams •Estimated $250k •Right turn pavement erosion •Better signal progression at all three other legs •Developer actively constructing turn lanes across the intersection Page 79 of 98 Potential 2022 Intersection Projects (cont’d) •Scenic and SH29/University •RT lanes on both sides of SH29/University •Estimated $600k •Better signal progression and overall traffic flow downtown Page 80 of 98 Potential 2022 Intersection Projects (cont’d) •Southwestern and SE Inner Loop Traffic Signal •Incorporate into roadway project currently under design (2015 Road Bond Project) •Span wire/temp poles •Permanent poles with Inner Loop 2021 Road Bond Project •$600k Page 81 of 98 Page 82 of 98 City of Georgetown, Texas City Council Workshop January 11, 2022 S UBJEC T: P resentation, discussion, and possible direction regarding the City’s response to C O VID-19 -- J ack Daly, Community Services Director I T EM S UMMARY: Staff will present an update re garding the City's response to CO VID -19 and seek City Co unc il co ncurrence on city operations, as well as seek direction on how City Council and Boards and Commission meetings should be hosted. F I NANC I AL I MPAC T: -- S UBMI T T ED BY: Robyn Densmore, City Secretary AT TAC HMENT S : Description C O VI D-19 Update for C ounc il Page 83 of 98 COVID-19 Jan. 11, 2022| City Council Workshop Page 84 of 98 22 •Review local COVID-19 data •Reminder of State rules and guidance •Employee data and exposure chart •Operational changes •Proposed changes to public meetings Seeking concurrence on proposed direction regarding board & commission meetings. Agenda Page 85 of 98 Review Health District Data and State Guidance Page 86 of 98 4 •Effective 11/15/21, Williamson County and Cities Health District (WCCHD) will be using the CDC Data Tracker for determining Gating Phases in Williamson County. Local Health Data Page 87 of 98 55 •TSA-O Hospitalization •8.95% COVID capacity in regional hospitals as of Jan. 4 •3.29% COVID capacity in regional hospitals as of Dec. 14 •Rate of new infection (incidence rate) •164.3* per 100,000 on Jan. 4 •10.9 per 100,000 on Dec. 14 •New cases report •Averaged ~856 cases per day from Dec. 28 –Jan. 3 •Averaged 64 cases per day from Dec. 8 –Dec. 14 *WCCHD “Red phase” was 12.7 new cases per day, CDC “red phase” is 100 new cases per 100K persons in past 7-days (approx. 14.3 per day) Local Health Data Page 88 of 98 66 •Tests reported •28% rolling 7-day average positive testing rate on Jan. 4 •4% rolling 7-day average positive testing rate on Dec. 14 •Averaged 2,906 tests reported per day between Dec. 28 –Jan. 3 •Averaged 1,341 tests reported per day between Dec. 8 –Dec. 14 •Fatalities •757 confirmed deaths as of Jan. 4 •Increase from 735 confirmed deaths on Dec. 14 Local Health Data Page 89 of 98 77 •Prohibiting cities and other government entities in the state from enacting vaccine requirements or mask mandates •No COVID-19-related operating limits for any business or other establishment Governor’s Executive Order GA-38 Page 90 of 98 Employee Data, Exposure Chart, and Operational Changes Page 91 of 98 9 Employee Cases (12 p.m on Jan. 4) Page 92 of 98 1010 •Employee Exposure & Return to Work Decision Tree was updated on December 28, 2021 •Reflect recent CDC updates regarding shortened isolation and quarantine periods -most reduced to 5 days for isolation and quarantine. •Positive employees will still be expected to show proof of a negative test result or doctor’s note before returning to work. •The guidelines also updates prior guidance as to what exact vaccination status exempts an exposed employee from quarantine requirements. Exposure Flow Chart Page 93 of 98 1111 •Socially distance •Masks highly encouraged (not required) •No more than 5 employees in a room; use virtual options when possible •One person per vehicle, unless an exception approved by Department Director •Activating emergency telecommuting as described in the City's telecommuting policy. The emergency status will be re- evaluated and possibly end on February 2nd Operational Changes Page 94 of 98 Public Meetings City Council, Boards & Commissions Page 95 of 98 1313 •Postpone most meetings for 30-days (until Feb. 10) •Reserve the ability to postpone further, should data not improve •Opportunity to discuss again at Feb. 8 City Council workshop Postpone most board & commission meetings Page 96 of 98 1414 •City Council, P&Z, HARC •Ensure physical distancing between members and between attendees •Encourage masking •Signage regarding best practices (distancing, masking) posted in rooms and entrances Continue statutorily required meetings Page 97 of 98 1515 Seeking concurrence on proposed direction regarding board & commission meetings. Council Direction Page 98 of 98