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HomeMy WebLinkAboutAgenda CC 05.11.2010 WorkshopNotice of Meeting of the Governing Body of the City of Georgetown, Texas MAY 119 2010 The Georgetown City Council will meet on MAY 11, 2010 at 3:00 P.M. at Council Chambers at 101 E. 7th Street If you need accommodations for a disability, please notify the city in advance. Policy Development/Review Workshop - A Presentation of issues outlined in the Mid Year Budget Update -- Micki Rundell, Chief Financial Officer, Paul Brandenburg, City Manager B Workshop discussion and possible action regarding the upcoming 2010/11 budget priorities and annual budget process -- Laurie Brewer, Assistant Director of Finance, Micki. Rundell, Chief Financial Officer, and Paul Brandenburg, City Manager C Fire and ESD Workshop -- Robert Fite, Fire Chief 1 t 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. D Sec 551.071: Consultation with Attorney 1. Advise from attorney about pending or contemplated litigation and other matters on which the attorney has a duty to advise the City Council, including this week's agenda items 2. To discuss with the City Attorney and Kent Sick the pending condemnation litigation pertaining to Honeycutt et. al. Cause No. 10.0277-CC4 E Sec 551.072: Deliberations about Real Property 1. Discuss the value of land as it pertains to prospective Fire Station sites F Sec. 551.074 Personnel Matters 1. To discuss with the City Attorney his evaluation r r1 Certificate of Posting I, Jessica Hamilton, 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 , 2009, at , and remained so posted for at least 72 continuous hours preceding the scheduled time of said meeting. Jessica Hamilton, City Secretary City of Georgetown, Texas May 11, 2010 SUBJECT: Presentation of issues outlined in the Mid Year Budget Update -- Micki Rundell, Chief Financial Officer, Paul Brandenburg, City Manager ITEM SUMMARY: Provide overview of the City's financial status as of Mid -Year 2010. This presentation will include: § An overview of the current financial conditions General Fund revenue shortages § Potential decrease in projected ending fund balance. Utility projections Areas of concern § 2010/11 Budget Preview § Key dates in the upcoming budget process COMMENTS: As of Mid -Year, the financial projection is cautionary. While operating revenues are holding steady, and expenses are at or less then budget, other revenue adjustments will be made that will impact the ending year projected fund balance. These adjustments include recognition of an adjustment to the General Fund balance for revenue that should have been recorded on the balance sheet as an offset to the Wolf Ranch PID receivable in 2009. Other revenue shortfalls relate to lower than anticipated franchise fee revenue from Atmos (due to lower gas costs in the reporting period), reduction in revenue for hydrant testing, and lower interest income. For the General Fund, these shortages will not impact the current year operations, as ending fund balance was budgeted to be $1.1M, and is projected to be $636,046. This decrease in fund balance will impact the 2010/11 budget. Currently, there is an operating shortfall for 2010/11 of $1.2M. Any ending fund balance could be used to offset this variance, in which case, it would not be available to buy down the 2010/11 debt service to be included in the 2011 tax rate. Information contained in the presentation will be presented to City Council at the May 10 Council Meeting. FINANCIAL IMPACT: SUBMITTED BY: ATTACHMENTS: Presentation Cover Memo Item # A Attachment number 1 Page 1 of 16 Provide overview of Financial Conditions General Fund * Revenue /Expenditure Review Budget shortfall Utility Funds Revenue review and Year End projected balances Updated projections — March 31 Revenues/expense projections adjusted Preview 2010/11 Budget Item # A Attachment number 1 Page 2 of 16 uia �N..3 10 General Fund""� Verview YE revenues expected to be as much as $868K less than budget Variance = $516K less than expected in projected fund balance Original budgeted ending fund balance - $1,152,268 Updated projection of $636, 046 in unreserved fund balance qj} rt 7,t 4" u,=.i :�. ..� ...b. ,brmt @. ,.r:Aai �, WIN ply tr t eneraI Func �� r` s Property tax Thru March — 93.7% 2010 levy collected PY March 09 = 93.97% collected Sales tax (5 months) Oct thru February = (-.32%) YTD Feb 2010 = (-4.08%) compared to Feb 2009 Better than surrounding communities Wolf Ranch — slightly up through February Item # A Attachment number 1 Page 3 of 16 Sales a .ss.. rends w tC1 ft.irfityC, u`ra. =.,_4S+j�rtt*r NOW,,n u �s evelopmen����i�ru es Total development related revenues up4.6% over prior year thru March (but less than budgeted) Residential building permits Up 9% over prior year 249 permits in 2010 vs 229 in 2009 Development applications filed Down 41 % from last year 77 applications in 2010 vs 130 in 2009 Item # A 3 Attachment number 1 Page 4 of 16 Item # A M Attachment number 1 Page 5 of 16 ;,ts 3�t�yNO,. Other ���ue�_ Court Fines — up 1.28% through March 6094 cases in 2010.vs 6043 PY Other revenues Interest income less due to market conditions Library revenues off slightly Recreation revenues higher than anticipated Other factors affecting fund balance Fire hydrant testing. change in .program (-$215k)::: ■/�♦\jam //�\'' x+trc„tY, r. �... br 2Yu., ,. ''�, -4 Item # A Attachment number 1 Page 6 of 16 Park`& Rec - 52% increase or $200k higher than projected 7,628 Rec Center memberships sold thru Mar ROI/Franchise Fees 3.6% down from prior year ROI & System franchise fees holding steady Atmos down $150k due to lower gas prices Gas prices down 30% from 2 years ago Item # A n. Attachment number 1 Page 7 of 16 `�Expenditure Savings Personnel cost savings due to Vacancies Budgeted vacancy factor of $195,000 Actual Savings of 491,763 Total budget savings = $296,763 Non frozen positions 11 Fire and Police Unreserved Ending Balance FY 2010 Budgeted Ending Fund Balance = $1,152,268 FY 2010 Projected Ending Fund Balance = $636,046 Beginning fund balance $269,635 higher than anticipated Correction to be made for refund of project costs for 135 frontage road from TxDot - ($370,056) Revenue Shortfalls ($868,216) Expenditure Savings +$452,415 (including vacancy) Item # A Attachment number 1 Page 8 of 16 U £t,,Ending Balance Revenue Shortfalls ($868,216) * Sanitation - $302K less offset by expense savings(no impact to ending fund balance) * Franchise revenue — less in Atmos offset by increase in electric * Development revenue - $250K (contingency revenue of $100K offset by expense) * Interest revenue - $155K * Change in water hydrant testing program - $215K TM».ew.aw.,w. onclusion —£ e` era x, and Revenues continue to lag Expenses are being monitored closely to any potential savings Projections are realistic Current Frozen positions will remain frozen Results in less funds available to buy down debt portion of tax rate for 2010/11 Item # A Attachment number 1 Page 9 of 16 ,�:� 'Utility Funds -XR, ues Electric — overall 7.23% over prior year System growth and higher Power Cost Adjustment in current year Wastewater revenue - less than projected Slower customer growth Water — 2025% less than projected Wetter winter and spring in current year compared to drought conditions in2008/09 Summer weather will impact revenues and related costs *!w h .-.<, ttt ilities Revenue'ryG0r arison 70 0 0 40 Electric 0 Water 20 Wastewater 10 0 FY04 FY05 FY05 FY07 FY08 FY09 Proj FYI Item # A 9 Attachment number 1 Page 10 of 16 4 t r.. +7I'M x fi3f i:� Expenses are withinbudget Operating saving in fuel costs Weather will impact revenue related expenses Purchased Power lower than budgeted * Lower natural gas prices * $1.5 million adjustment to electric contract with LCRA recognized for prior year "pay as you go" LCRA billing error Item # A Me Attachment number 1 Page 11 of 16 �r y, Airport - Revenues and expenses within budget Tourism Hotel tax revenue is 17.32% lower than 2009 * Increased vacancies due to economic conditions * New properties planned to open later in 2010 * Close of Holiday Inn Express for renovation Stormwater Revenues slightly less due to slower growth a, ## ## # 11 �:_ p Item # A 11 Attachment number 1 Page 12 of 16 Property Taxes Estimated Assessed Valuation - $4.2 billion Existing values expected to be slightly lower Offset by: New property added to role Appraisal Review Board 2009/10 property certified at 60% - actually comes in slightly higher (but accounted for in the current year revenue) Prior year valuation $4.2 billion Preliminary numbers expected WCAD Mid -May New property estimated at $200 million Decrease in sales tax impacts effective rate Less "property tax relief" from sales taxes Item # A WA Attachment number 1 Page 13 of 16 hR01 `�� , �t �:a..,e.�warr sa 3; }`7 r, , mom,,,.. .. rcew,rp y /11 Genera Sales taxes Slight growth expected in "net" sales tax * Estimated 2009/10 revenues projected at 2% higher than FY 10 * $178,000 of additional revenue Development Revenue Revenue expected to stay the same Delayed recovery in; construction economy Recreation Revenue Projected with same level of programs as current year t................. OT ,.yap �¢ # YytP �+j�rnr�r NOW', W b , W r st Budget Shortfall currently projected of $1.2M+ Health insurance increase estimated at 15% Impact less due to HDHP implemented last year Step increases included for civil serviceemployees Minimal fund balance to offset debt service tax rate increase as in FY 2010 No projected fund balance to address one-time safety projects or other needs *`Fully funding TMRS contribution for 2010/11 EXPENSE SAVINGS: Continue to freeze" non -essential" spending * Continue "Frozen" positions Item # A 13 Attachment number 1 Page 14 of 16 Increased revenue and related contract expenses are due to system growth * Cost savings in purchased power * Minimal growth in staffing for utility needs * Development related revenues flat m Economic recovery extended to 2012 $20+ million in Utility Capital Projects * Funded through combination cash and debt . Estimated Debt = $4 million * SIP fees used for water plants Review rates to ensure cost recovery ny2010/11 Budget Conclusion #1 GOAL - MAINTAIN SERVICE LEVELS "Tighter" budget year Maintain "Status Quo" 2 new positions — Recreation Center Revenue neutral No new programs Limited spending No new possibly declining revenues Do the same with less Item # A M Attachment number 1 Page 15 of 16 ess � } .,,5 tx�Y9 xga CIP Presentation — June 8 Utility Capital Advisory Board reviews in May Fee reviews * W/WW impact fees * Roadway impact fees being considered City Manager balances "Core" budget Assumes No tax increase 2010/11 Budget Workbooks -Council June 30 Council Workshop - review City Manager's budget July 12 & July 13 (July 26 finalize) Tax roles certified July 23 Finalize proposed 2010/11 Tax Rate & set public hearings July 27 — Special Meeting August — tax public hearing & notification process August 10 & August 17 public hearing dates August 24th public hearing on the 201012011 Budget First Reading Budget & Tax Ordinances — August 24 - Special Meeting Item # A im Attachment number 1 Page 16 of 16 Item # A City of Georgetown, Texas May 11, 2010 SUBJECT: Workshop discussion and possible action regarding the upcoming 2010/11 budget priorities and annual budget process -- Laurie Brewer, Assistant Director of Finance, Micki Rundell, Chief Financial Officer, and Paul Brandenburg, City Manager ITEM SUMMARY: This workshop is continuation of the budget setting priority process that began in March. Collectively, staff has been developing strategies to implement the priorities listed below. This workshop focuses on the priority to "Increase operational efficiency and financial integrity". Due to the financial conditions impacting the budget, the opportunity to implement many of these strategies will be limited. Therefore, the information gathered during this process will be formatted into a citywide 5 year Strategic Plan to be implemented when funds or other resources are available. Overview of the process: In 2008, the City adopted the 2030 Plan as its master comprehensive plan. The 2030 Plan defines "what" the community should be in 2030, outlining the character and quality of life that the future citizens of Georgetown will experience. Yet, the 2030 Plan does not provide "how" the City should get from where it is today to where it will be in 2030. The Plan itself doesn't determine specific goals or strategies needed for implementation, therefore, the priorities that the City Council sets through its annual budgeting process should in some way further the implementation of the Plan. Over the last three years, the City has focused on 12 basic "goal" or priority areas within the Annual Budget. Each one of these areas in some way furthers the implementation of the Plan. From these 12 key goals, strategies will be developed within the context of the budget. These Priority Areas are: A. Continue revitalization and economic development B. Alleviate traffic congestion C. Continue implementation of the Downtown Master Plan D. Improve quality of services while keeping property taxes low E. Improve emergency response levels F. Expand and coordinate Parks and Recreation system G. Continue efforts for community long-range planning H. Encourage and support Affordable Housing programs I. Expand recycling opportunities and environmental program initiatives J. Ensure adequate staffing and competitive compensation for all employees K. Continue implementation of the City's Facility Plan L. Increase operational efficiency and financial integrity During this process, City Council can determine if these 12 goals are still relevant for implementing the 2030 Plan, and make additions and deletions as needed based upon feedback from the 2010 Quality of Life Survey. From this process, the 2010/11 Annual Budget will be prepared. Council may also choose to give feedback on specific strategies that are desired for the upcoming fiscal year. Staff will present strategies on several of the areas that were identified in the citizen survey. COMMENTS: This discussion continues the discussion from previous workshops on Council priorities. FINANCIAL IMPACT: SUBMITTED BY: Micki Rundell ATTACHMENTS: Presentation Cover Memo Item # B Attachment number 1 Page 1 of 4 Council Workshop May 11, 2010 2010/11 Priorities Increase operational efficiency and financial integrity Implement vendor evaluation at the end of each contract, especially for renewals to ensure the use of the most qualified vendors at the best cost :j Enhance desktop support through virtualization program u Implement utility office call center and develop protocols to manage customer call volume Item # B Attachment number 1 Page 2 of 4 20"10111 Priorities Increase operational efficiency and financial integrity ii Evaluate and plan for implementation of a new financial system o Expand recreation on-line registration process to increase efficiency and customer service ,j Develop and implement an on-line request system • mapping/GIS customers o Implement video streaming equipment for public meetings and events to enhance communication with the public Increase operational • and financial integrity o Expand Muni -Agenda program to other ••. and commissions to increase efficiency and reduce costs ,j Address records management needs through technology ca Review economic development marketing expenditures to ensure marketing meets set cost benefit criteria o Provide • •- analysis for electric - ----- --contraGted-s-ervices--to-determi-ne-whiGh-ser v-ices-.--- are best provided • Item # B Attachment number 1 Page 3 of 4 2010/11 Priorities Increase operational efficiency and financial integrity u Install energy management systems on additional facilities to comply with SECO requirements Establish plan for five year CIP to implement fiber and signal system upgrades to improve traffic congestion and minimize lost soft costs Li Implement new Customer Information System software to increase customer service Lj Coordinate update of the facilities plan to ensure operational efficiency by consolidating city 2010/11 Priorities Increase operational efficiency and financial integrity u Continue to expand the internal control program :i Analyze benefit of replacing city vehicles with electric and propane vehicles * Plan for decommissioning of the City's fuel station in San Gabriel Park * Continue to research opportunities for shared services with other local governments Item # B Attachment number 1 Page 4 of 4 2010/11 Priorities Increase operational eNiciency and financial integrity u Evaluate the pilot system for LED lighting to determine opportunities for future savings ci Expand renewable energy program * Expand conservation programs * Develop an RFP for solid waste and recycling services to increase services and contain costs Lj Increase web based advertising and reduce print media advertising costs o Review op rtunities to facilitate plan elements of 0 the 2030 plan in house 2010/11 Priorities Increase operational efficiency and financial integrity Review opportunities to expand social media to increase communication and reduce print media costs o Prepare for election to renew street maintenance sales tax Item # B City of Georgetown, Texas May 11, 2010 SUBJECT: Fire and ESD Workshop -- Robert Fite, Fire Chief ITEM SUMMARY: This presentation will cover the current Fire Department Operation and future considerations for service. In addition, The Emergency Service District #8 (ESD8) will present their current operation and contractual relationship with the Georgetown Fire Department and City of Georgetown. FINANCIAL IMPACT: None SUBMITTED BY: Robert Fite, Fire Chief Cover Memo Item # C City of Georgetown, Texas May 11, 2010 Sec 551.071: Consultation with Attorney 1. Advice from attorney about pending or contemplated litigation and other matters on which the attorney has a duty to advise the City Council, including this week's agenda items 2. To discuss with the City Attorney and Kent Sick the pending condemnation litigation pertaining to Honeycutt et. al. Cause No. 10.0277-CC4 ITEM SUMMARY: FINANCIAL IMPACT: SUBMITTED BY: Rachel Saucier Cover Memo Item # D City of Georgetown, Texas May 11, 2010 SUBJECT: Sec 551.072: Deliberations about Real Property 1. Discuss the value of land as it pertains to prospective Fire Station sites ITEM SUMMARY: FINANCIAL IMPACT: SUBMITTED BY: Rachel Saucier Cover Memo Item # E City of Georgetown, Texas May 11, 2010 SUBJECT: Sec. 551.074 Personnel Matters 1. To discuss with the City Attorney his evaluation ITEM SUMMARY: FINANCIAL IMPACT: SUBMITTED BY: Rachel Saucier Cover Memo Item # F