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HomeMy WebLinkAboutORD 2026-02 - Amending the FY 2025 Annual Budget for Year-end ObligationsORDINANCE NO. 2 ©26 - OZ AN ORDINANCE OF THE CITY OF GEORGETOWN, TEXAS, AMENDING THE FISCAL YEAR 2025 ANNUAL BUDGET FOR YEAR-END OBLIGATIONS THAT WERE NOT KNOWN AT THE TIME THE BUDGET WAS ADOPTED, APPROPRIATING THE VARIOUS AMOUNTS THEREOF; REPEALING CONFLICTING ORDINANCES AND RESOLUTIONS; INCLUDING A SEVERABILITY CLAUSE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City is aware of obligations not currently funded in the fiscal year 2025 Budget in the following funds: General, General Capital Projects, Street Maintenance, Council Discretionary, Tree Fund, Parks Restricted, Court Security Fees, Municipal Jury, Preserve at Water Oaks PID, Parks at Westhaven PID, Heirloom PID, Downtown TIRZ, Fleet, Self Insurance, Airport, Electric, Solid Waste, Stormwater, and Water; WHEREAS, these funds will be funded from available fund balances or additional revenues; and WHEREAS, the City Charter and state law allow for changes in the Annual Operating Plan by a Council majority plus one in emergency situations and for municipal purposes; and WHEREAS, the changes were unknown and unforeseeable at the time the fiscal year 2025 Budget was approved; and WHEREAS, the City Council finds it to be in the best interest of the public to amend the 2025 Budget for year-end obligations that were not known at the time the Budget was adopted, as set out herein. NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: Section 1. The meeting at which this ordinance was approved was conducted in compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 2. The facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. Section 3. The amendment to the 2025 annual Budget of the revenues of the City of Georgetown and expenses of conducting the affairs thereof, is in all things adopted and approved as an addition to the previously approved Budget of the current revenues and expenses, as well as fixed charges against said City for the fiscal year beginning October 1, 2024 and ending September 30, 2025. A copy of the amendment is attached hereto as Exhibit A, B and C and incorporated by reference herein. Ordinance Number: 20Z6 —02 Page 1 of 2 Subject: FY2025 Year End Budget Amendment Date Approved: ///3 /24�k Section 4. The total of $26,651,129 is hereby released from appropriation for payments of expenditures and payments of the funds included in Exhibit B. Section 5. All ordinances or resolutions that conflict with the provisions of this ordinance are hereby repealed, and all other ordinances or resolutions of the City not in conflict with the provisions of this ordinance shall remain in full force and effect. This ordinance complies with the vision statement of the Georgetown 2030 Plan. Section 6. If any provision of this ordinance, or application thereof, to any person or circumstance, shall be held invalid, such invalidity shall not affect the other provisions, or application thereof, of this ordinance, which can be given effect without the invalid provision or application, and to this end the provisions of this ordinance are hereby declared to be severable. Section 7. The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest. This ordinance shall become effective upon adoption of its second and final reading by the City Council in accordance with the provisions of the City Charter of the City of Georgetown. PASSED AND APPROVED on First Reading on the 91 of December, 2025. PASSED AND APPROVED on Second Reading on the 131 of January, 2026. CITY OF GP*GETOWN, TEXAS Mayor ATTEST: � -4'+- t lie e,�itySecretary APPROVED AS TO FORM: d4c�� S ye Mson, City Attorney Ordinance Number: ZO?L v?-- Page 2 of 2 Subject: FY2025 Year Epd Budget Amendment Date Approved: l 13 u FY2025: YEAR-END BUDGET AMENDMENT Each year, the City amends the budget for multi year capital projects, as well as operational changes that were unknown at the time the budget was adopted. A year-end amendment is sometimes required to formally adopt known overages presented to the Council in the year-end projections workshop during the summer, or other clean up items required by the Charter. Staff is proposing to amend the budget to account for the unforeseen revenues and costs since the mid year amendment in May. GENERAL CAPITAL PROJECTS: Council approved a TXDOT grant of $618 thousand for the CR 245 at Ronald Reagan project for intersection improvements (GR00088). This amendment reflects receiving the grant and appropriating the expense for the project. The Tree Fund is transferring $911 thousand to the General Capital Projects Fund to cover the tree - related portion of the Shell Road project. The Wayfinding Signage project requires additional appropriation for signage downtown in the City Center Festival Public Space area. $188 thousand is being transferred from Downtown TIRZ to General Capital Projects Fund for the project. This amendment appropriates $147 thousand for the FM 1460 at Quail Valley project. This project was approved after the mid -year budget amendment. This amendment appropriates $200 thousand for the DB Wood SH29 to Oak Ridge project to address project overages by applying interest earnings. Included in theyear-end amendment is a $5.3 million transfer from the Solid Waste Fund to reimburse General Capital Projects for bond -funded expenditures made before the Solid Waste Fund was established as a stand-alone fund in 2024. GENERAL FUND' This amendment includes a transfer of funds of $4 thousand from the General Fund to the Fleet Fund, along with the appropriation of the expense to upfit of a 2024 F350 in the Streets department. This amendment appropriates $2.8 thousand for the purchase of property located at 208 W Monroe St. The funds for the acquisition come via transfer from the Council Discretionary Fund. Per the City's Fiscal and Budgetary Policy, there is a transfer of $1 million from General Fund FY2024 ending fund balance to the Council Discretionary Fund. This transfer happens annually if prior year revenues come in higher than anticipated, or if there are operational savings. The Council may spend these funds at a later time on appropriate one-time expenses. Staff held back savings while reconciling the expenses of the July 5, 2025, flood event. After the FY2025 year-end audit is completed, staff will propose an updated amount available to transfer to the Council SRF. WATER FUND' The Miscellaneous Line Upgrades project requires additional funding due to project timing in the amount of $122 thousand. This amendment appropriates $122 thousand towards this project utilizing bond interest. During FY2025, Finance staff have been taking steps to re -align the City's practices of accounting for vehicle assets on the utility enterprise fund balance sheets. To align with this transition, vehicles and equipment will be reassigned to the Water Fund. This amendment completes the final phase of the cleanup process by transferring previously budgeted vehicle expenses and prior -year lease payments for replacement vehicles into the Water Fund. Vehicle Lease Reimbursement: $4.2 million Cash Funded Vehicles and Equipment: $2.8 million Debt Funded Vehicles: $545 thousand ELECTRIC FUND: The amendments to the Electric Fund reflect the transition of vehicles and assets from the Fleet Fund as well as a correction from the mid -year budget amendment. The mid -year amendment recognized $650,000 more in a transfer from Fleet to the Electric Fund. This amendment recognizes the correction of the mid -year budget amendment by transferring $650 thousand back to the Fleet Fund. Additionally, this amendment recognizes the transfer of prioryear vehicle lease costs and vehicle bond funds from the Fleet Fund to the Electric Fund. Vehicle Lease Reimbursement: $2.7 million Debt Funded Vehicles: $2 million OLID WASTE FUND: The Solid Waste Fund requires a transfer of $5.3 million to reduce the fund balance. The $5.3 million will transfer to the General Capital Projects Fund for transfer station expenses that occurred in that fund prior to the creation of the separate Solid Waste Fund. Additionally, the fund will receive $10 thousand from the Fleet Fund from prior years lease payments. The Solid Waste fund is also proposing an amendment to align garbage revenue with the associated expense. In FY2025, solid waste expense came in approximately $833 thousand higher than budget. This amendment recognizes the additional garbage revenue of $833 thousand to offset the increase in expense. FLEET FUND: This amendment recognizes an $8.8 million transfer from the Fleet Fund to the enterprise funds. The transfer reconciles prior -year lease payments that were made into the Fleet Fund for the purpose of replacing existing vehicles. By reallocating these costs, the City can record vehicle assets within each respective enterprise fund, and those funds (and ratepayers) will benefit from related depreciation. Going forward, all enterprise funds will directly purchase their own replacement vehicles. Airport: $92 thousand Electric: $2.9 million Solid Waste: $10 thousand Stormwater: $1.7 million Water: $4.2 million Additionally, this amendment recognizes the reduction in expense and transfer out to utility funds that have previously budgeted vehicles and equipment in the Fleet Fund. OTHER FUNDS: The Court Security Fees Fund came in slightly over budget by $11 thousand due to increased collections resulting from higher case volume that was seen in FY2025 and related safety supply purchases. The Municipal Jury Fund also has a minimal increase of $68 and is recognized in this amendment. The Parks Restricted Fund recognizes $6 thousand appropriated in additional contributions and donations. PID Administration: The City received developer contributions in order to administer the Heirloom PID, Preserve at Water Oaks PID, and Parks at Westhaven PID. The following revenue and expenses will be recognized in each of the funds: Heirloom PID: $362 Parks at Westhaven PID: $28 thousand Preserve at Water Oaks PID: $79 thousand Stormwater: With the transition of assets related to Stormwater from the Fleet Fund, this amendment proposes transferring prior lease payments, cash funded vehicles, and debt funded vehicles to the Stormwater Fund. This amendment totals $691 thousand in appropriation. Self -Insurance Fund: This fund accounts for the City's healthcare premiums and contribution revenue from the City and employees. In FY2025, stop -loss exceeded budgeted expense by $476 thousand. This amendment recognizes the associated stop -loss expense and the additional revenue paid to the City through medical claims to cover the expense. The Street Maintenance Fund recognizes $19 thousand in interest to cover the overage for 2024 Hot - In -Place Recycling Street Maintenance (PRJ000563). A detailed list of all amendments by fund is attached in Exhibit- C. FY2025 Current Budget YEBA Amended Budget Beginning Fund Balance 38,427,314 38,427,314 40001:Property Taxes 22,813,842 22,813,842 40002:Sales Taxes 30,304,757 30,304,757 40005:Franchise Taxes 9,668,215 9,668,215 40008:OtherTaxes 750,000 750,000 41001:Fines 522,650 522,650 42001:lnterest Income 1,800,000 1,800,000 43001:Fees 11,121,061 11,121,061 43003:Permits 5,595,000 5,595,000 43004:Administrative Charges 2,229,451 2,229,451 43005:RentalRevenue 67,192 67,192 44001:GrantRevenue 74,000 74,000 44503:lnterlocal Agreement Revenue 6,401,657 6,401,657 44504:Donations 70,000 70,000 44505:Sponsorship 6,000 6,000 45001:Misc Revenue 381,436 381,436 45003:Misc Reimbursements 6,000 6,000 45004:Sale of Property 200 200 70001:Transfers In 4,251,791 2,806 4,254,597 70002: Payment in Lieu of Taxes 16,306,570 16,306,570 Revenue Total 112,369,822 2,806 112,372,628 CC0001 Nan -Departmental 2,607,555 1,000,000 3,607,555 CC0105 Development Engineering 1,854,461 1,854,461 CC0107 Planning 3,261,147 3,261,147 CCO202 Parks Administration 1,877,767 1,877,767 CCO210 Library 3,983,404 3,983,404 CCO212 Parks 3,306,411 3,306,411 000212 Recreation 5,014,869 - 5,014,869 CCO213 Tennis Center 575,556 575,556 CCO215 Garey Park 1,274,758 1,274,758 CCO218 Downtown, Arts, & Events 772,470 772,470 CC0311311 Call Center 1,120,662 1,120,662 CC0316 Municipal Court 700,281 700,281 CC0402 Fire Support Services/Administration 7,229,329 7,229,329 CC0422 Fire Emergency Services 22,578,052 22,578,052 CC0448 EMS 4,148,995 4,148,995 CC0536 Inspection Services 2,822,457 2,822,457 CC0602 Administrative Services 2,366,350 2,806 2,369,156 CC0605 Emergency Management 457,646 457,646 000634 City Council Services 258,559 258,559 CC0635 City Secretary Services 1,805,037 - 1,805,037 CC0638 General Government Contracts 9,838,347 9,838,347 CC0655 Communications/Public Engagement 1,507,042 1,507,042 CC0702 Police Administration 3,070,664 3,070,664 CC0742 Police Operations 24,604,773 24,604,773 CC0744 Animal Services 1,711,350 1,711,350 CC0745 Code Compliance 827,570 827,570 CC0802 Public Works 1,136,338 1,136,338 CC0846 Streets 5,473,280 4,196 5,477,475 CC0847 Transportation Planning 1,537,64E 1,537,646 Expense Total 117,722,777 1,007,002 118,729,779 Ending Fund Balance 1 33.074.359 (1,004.1961 32.070.263 I MDF Reserve 1,000,000 1,000,000 Benefit Payout Reserve Contingency Reserve 20,876,742 20,876,742 Economic Stability Reserve 6,710,790 6,710,790 Reserves Total 28,587,532 28,587,532 Available Fund Balance 4.486.827 (1,004,196) 3,482,631 1 Capital Project I FY2025 Current Budget YEBA Amended Budget Beginning Fund Balance 191,514,066 - 191,514,066 41602:Impact Fees 7,500 - 7,500 42001:lnterest Income 6,396,200 200,000 6,596,200 43001:Fees 3,947,899 147,712 4,095,611 44001:Grant Revenue 25,291,391 618,249 25,909,640 45001:Misc Revenue - - - 45003:Misc Reimbursements - - 46001:Bond Proceeds 59,208,800 - 59,208,800 46002:13ond Premium - - - 70001:Transfers In 1 3,053,896 6,411,820 9,465,716 Revenue Total 97,905,686 7,377,781 105,283,467 CC0001 Non -Departmental 7,779,400 7,779,400 CCO211 Parks 9,415,828 9,415,828 CC0302 Finance Administration 43,066 43,066 CC0319 Facilities 39,950,361 39,950,361 CC0402 Fire Support Services/Administration 389,431 - 389,431 CC0526 Systems Engineering 192,099,214 1,729,569 193,828,783 CC0533 Environmental Services - - - CC0602 Administrative Services 2,886,179 188,000 3,074,179 CC0802 Public Works 30,882,855 147,712 31,030,567 CC0846 Streets 25,211 - 25,211 CCO847 Transportation Planning 194,345 - 194,345 Expense Total 283,665,889 2,065,281 285,731,170 Ending Fund Balance 1 5,753,863 5,312,500 11,066,363 Interest Reserve Reserves Total 2,290,000 - 2,290,000 2,290,000 - 2,290,000 Available Fund Balance 1 3,463,863 5,312,500 8,776,363 40002:Sales Taxes 42001:lnterest Income Revenue Total CCO526 Systems Engineering CC0802 Public Works Expense Total 6,734,416 - 400,000 6,734,416 400,000 7,134,416 - 7,134,416 12,934,018 19,250 12,953,268 12,934,018 19,250 12,953,268 Ending Fund Balance 1 4,224,406 (19,250) 4,205,156 Capital Reserve Reserves Total 750,000 750,000 750,000 750,000 Available Fund Balance 1 3,474,406 (19,250) 3,455,156 (Council Discretionary FY2025 Current Budget YEBA Amended Budget Beginning Fund Balance 3,137,661 - 3,137,661 Revenue 42001:lnterest Income 70001:Transfers In 200,000 - - 1,000,000 200,000 1,000,000 Revenue Total lExpense 2001000 1,000,000 1,200,000 CC0001 Non -Departmental 1,454,386 2,806 1,457,192 Expense Total 1,454,386 2,806 1,457,192 Ending Fund Balance 1,883,275 997,194 2,880,469 Reserves Total Available Fund Balance 1,883,275 997,194 2,880,469 nning Fund Balance 42001:lnterest Income 43001:Fees Revenue Total FY2025 Current Amended Budget YEBA Budget 12,703,373 - 12,703,373 250,000 1,250,000 250,000 1,250,000 1,500,000 - 1,500,000 CCO211 Parks 2,020,000 911,320 2,931,320 Expense Total 2,020,000 911,320 2,931,320 Ending Fund Balance 12,183,373 (911,320) 11,272,053 iReserves Reserves Total - - - Available Fund Balance 12,183,373 (911,320) 11,272,053 Parks Restricted FY2025 Current Budget YEBA Amended Budget Beginning Fund Balance 661,052 661.052 Revenue 42001:lnterest Income 43001:Fees 43005:Rental Revenue 44504:Donations 25,000 125 43,566 13,900 25,000 125 431566 13,900 Revenue Total Expense 82,591 - 82,591 CCO211 Parks 314,025 6,282 320,307 Expense Total 314,025 6,282 320,307 Ending Fund Balance 429,618 (6,282) 423,336 Reserves Total Available Fund Balance 429,618 (6,282) 423,336 Court Security Fees FY2025 Current Amended Budget YEBA Budget Beginning Fund Balance 129,328 10,809 140,137 41001:Fines 22,125 11,765 33,890 42001:lnterest Income 4,000 - 4,000 45001:Misc Revenue 35,000 35,000 Revenue Total 61,125 11,765 72,890 CC0316 Municipal Court 60,000 11,765 71,765 Expense Total 60,000 11,765 71,765 Ending Fund Balance 130,453 10,809 141,262 Reserves Total - - - Available Fund Balance 130,453 10,809 141,262 Jury iMunicipal Current Budget FY2025 YEBA Amended Budget Beginning Fund Balance 657 568 1,225 Revenue 41001:Fines 42001:lnterest Income 200 25 - - 200 25 Revenue Total Expense CC0316 Municipal Court 225 400 - 68 225 768771 Expense Total 400 68 468 Ending Fund Balance 482 500 982 lReserves Reserves Total - - - Available Fund Balance 482 500 982 Preserve at Water Oak PI Budget YEBA Budget Beginning Fund Balance - - _ Revenue 44502:Developer Contributions - 78,833 78,833 Revenue Total - 78,833 78,833 Expense CC0601 PID Administration - 78,833 78,833 Expense Total - 78,833 78,833 Ending Fund Balance - (0) (0) iReserves Reserves Total _ Available Fund Balance - (0) (0) FY2025 Current Amended Budget YEBA Budget Beginning Fund Balance 724,398 14,056 738,454 40008:OtherTaxes 42001:lnterest Income Revenue Total 603,750 20,000 - 603,750 28,124 48,124 623,750 28,124 651,874 CC0601 PID Administration 522,701 28,124 550,825 Expense Total 522,701 28,124 550,825 Ending Fund Balance 825,447 14,056 839,503 Reserves Total - - - Available Fund Balance 825,447 14,056 839,503 Heirloom PID FY2025 Budget YEBA Budget Beginning Fund Balance - - - Revenue 44502:Developer Contributions - 362 362 Revenue Total - 362 362 Expense CC0601 PID Administration - 362 362 Expense Total - 362 362 Ending Fund Balance - (0) (0) iReserves Reserves Total - - - Available Fund Balance I - (0) (0) inning Fund Balance 40001:Property Taxes 42001:lnterest Income Revenue Total FY2025 Current Amended Budget YEBA Budget 1,429,156 - 1,429,156 734,076 30,000 - 734,076 30,000 764,076 - 764,076 CC0001 Non -Departmental 116,051 - 116,051 CC0602 Administrative Services I 333,000 188,000 521,000 Expense Total 449,051 188,000 637,051 Ending Fund Balance 1,744,181 (188,000) 1,556,181 Debt Service Reserve 109,300 - 109,300 Available Fund Balance 1,634,881 (188,000) 1,446,881 FY2025 Budget YEBA Budget Beginning Fund Balance 18,855,890 - 18,855,890 42001:lnterest Income 43004:Administrative Charges 45002:lnsurance Proceeds 45004:Sale of Property 70001:Transfers In 700,000 5,956,470 150,000 155,000 4,692,710 - 654,196 700,000 5,956,470 150,000 155,000 5,346,906 Revenue Total 11,654,180 654,196 12,308,376 CC0320 Fleet 20,412,335 9,458,572 29,870,907 Expense Total 20,412,335 9,458,572 29,870,907 Ending Fund Balance 1 10,097,735 (8,804,376) 1,293,359 Contingency 750,886 750,886 Capital Reserve 6,500,000 (6,500,000) - Available Fund Balance 2,846,849 (15,304,376) 542,473 Self Insurance Fund Current Budget FY2025 YEBA Amended Budget Beginning Fund Balance 7,940,184 - 7,940,184 Revenue 42001:lnterest Income 44501:Contribution Revenue 45001:Misc Revenue 45002:lnsurance Proceeds 45003:Misc Reimbursements 250,000 12,969,973 300,000 1,200,000 156,000 - 476,174 - - 250,000 13,446,147 300,000 1,200,000 156,000 Revenue Total Expense 14,875,973 476,174 15,352,147 CC0001 Non -Departmental CC0357 Self Insurance 100,000 14,599,745 - 476,174 100,000 15,075,919 Expense Total 14,699,745 476,174 15,175,919 Ending Fund Balance 8,116,412 - 8,116,412 Reserves Rate Stabilization IBNR 2,555,368 1,277,684 2,555,368 1,277,684 Reserves Total 3,833,052 - 31833,052 Available Fund Balance 4,283,360 - 4,283,360 FY2025 Current Amended Budget YEBA Budget Beginning Fund Balance 3,545,557 - 3,545,557 40001:Property Taxes 15,000 15,000 42001:lnterest Income 142,500 142,500 43005:Rental Revenue 270,000 270,000 43606:Airport Charges 5,503,884 5,503,884 Operating Revenue Total 5,931,384 - 5,931,384 Expense 'Operating CC0636 Airport 6,103,771 6,103,771 Operating Expense Total 6,103,771 6,103,771 Non -Operating 44001:Grant Revenue 110,000 110,000 45001:Misc Revenue 2,000 - 2,000 70001:Transfers In - 92,075 92,075 Non -Operating Revenue Total 112,000 92,075 204,075 Non -Operating CC0001 Non -Departmental 246,450 - 246,450 CC0636 Airport 1,868,499 1,868,499 Non -Operating Expense Total 2,114,949 - 2,114,949 Ending Fund Balance 1,370,221 92,075 1,462,296 Reserves Contingency Reserve 319,947 - 319,947 Debt Service Reserve 217,308 - 217,308 Reserves Total 537,255 - 537,255 Available Fund Balance 832,966 92,075 925,041 FY2025 Current Budget YEBA Amended Budget Beginning Fund Balance 68,684,850 68,684,850 Operating Revenue 40002:5ales Taxes 6,000 6,000 41002:Penalties 845,000 845,000 42001:lnterest Income 3,205,000 3,205,000 43001:Fees 3,680,299 3,680,299 43003:Permits 327,500 327,500 43004:Administrative Charges 3,236,848 3,236,848 43601:Electric Charges 103,929,059 103,929,059 44502:Develnper Contributions 26,020,724 26,020,724 Operating Revenue Total 141,250,430 141,250,430 CC0001 Non -Departmental 554,140 554,140 CCO516 Electric Operational Technology 826,838 826,838 CCO517 Streetlight Administration 74,999 74,999 CCO520 Customer Energy Solutions 577,293 577,293 CCO521 Operational Technology- Shared 1,160,100 1,160,100 CCO522 Electric Administration 10,938,785 10,938,785 CCO523 Electric Safety and Employee Development 349,589 349,589 CC0525 T&D Services 3,578,978 3,578,978 CC0537 Electric Resource Management 76,467,063 76,467,063 CCO555 Electric Systems Operations 3,121,571 3,121,571 CC0557 Electrical Engineering 1,622,166 1,622,166 Operating Expense Total 99,271,522 99,271,522 45004:Sale of Property 4,105 4,105 46001:13ond Proceeds 18,410,512 - 18,410,512 70001:Transfers In 1,182,391 4,859,154 6,041,545 Non -Operating Revenue Total 19,597,008 4,859,154 24,456,162 CC0001 Non -Departmental 22,384,928 1,989,939 24,374,867 CCO521 Operational Technology - Shared 59,825 - 59,825 CCO516 Electric Operational Technology 2,863,656 2,863,656 CCO520 Customer Energy Solutions 7,500 7,500 CC0522 Electric Administration 642,450 642,450 CCO525 T&D Services 271,250 271,250 CCO537 Electric Resource Management 175,500 175,500 CCO555 Electric Systems Operations 63,750 63,750 CC0557 Electrical Engineering 45,893,304 45,893,304 Non -Operating Expense Total 72,362,163 1,989,939 74,352,102 Ending Fund Balance 57,898,603 2,869,215 60,767,818 Reserves Contingency Reserve 8,288,944 8,288,944 Rate Stabilization Reserve 28,375,139 28,375,139 Non -Operating Reserve 10,487,314 10,487,314 Reserves Total 47,151,397 - 47,151,397 Available Fund Balance 10,747,206 2,869,215 13,616,421 Beginning Fund Balance 41002:Penalties 42001:lnterest Income Operating Revenue Total FY2025 Current Amended Budget YEBA Budget 19,010,262 (11,279,708) 7,730,554 100,000 100,000 250,000 - 250,000 16,655,036 883,110 17,538,146 17,005,036 883,110 17,888,146 CC0001 Non -Departmental CC0533 Environmental Services I 39,657 15,589,011 - 883,110 39,657 16,472,121 Operating Expense Total Non -Operating 15,628,668 883,110 16,511,778 45001:Misc Revenue 70001:Transfers In 457,468 - - 10,000 457,468 10,000 Non -Operating Revenue Total Non -Operating 457,468 10,000 467,468 CC0001 Non -Departmental CC0533 Environmental Services 745,771 1,446,677 5,312,500 - 6,058,271 1,446,677 Non -Operating Expense Total 2,192,448 5,312,500 7,504,948 Ending Fund Balance 18,651,650 (16,582,208) 2,069,442 Contingency Reserve Debt Service Reserve 561,320 536,496 561,320 536,496 Reserves Total 1,097,816 - 1,097,816 Available Fund Balance 17,553,834 (16,582,208) 971,626 Beginning Fund Balance FY2025 current Amenaea Budget YEBA Budget 2,747,728 - 2,747,728 41002:Penalties 55,000 - 55,000 42001:lnterest Income 141,000 141,000 43605:Stormwater Charges 5,209,586 5,209,586 Operating Revenue Total 5,405,586 - 5,405,586 Operating CC0843 Stormwater Administation & Regulatory 291,763 - 291,763 CC0845 Stormwater 4,861,530 520,720 5,382,250 Operating Expense Total 5,153,293 520,720 5,674,013 Non -Operating 45001:Misc Revenue 48,929 - 48,929 46001:13ond Proceeds 1,035,000 - 1,035,000 70001:Transfers In - 2,368,360 2,368,360 Non -Operating Revenue Total 1,083,929 2,368,360 3,452,289 ,Non -Operating CC0001 Non -Departmental 893,800 - 893,800 CC0526 Systems Engineering 1,014,233 1,014,233 CC0802 Public Works 227,033 227,033 CC0843 Stormwater Administration & Regulatory 3,750 - 3,750 CC0845 Stormwater 340,000 170,296 510,296 Non -Operating Expense Total 2,478,816 170,296 2,649,112 Ending Fund Balance 1,605,135 1,677,344 3,282,479 Reserves Contingency Reserve 561,320 561,320 Debt Service Reserve 536,496 536,496 Reserves Total 1,097,816 - 1,097,816 Available Fund Balance 507,319 1,677,344 2,184,663 FY2025 Current Budget YEBA Amended Budget Beginning Fund Balance 484,426,625 484,426,625 ,Operating 43002:Penalties 625,000 625,000 41602:lmpact Fees 29,530,660 29,530,660 42001:lnterest Income 21,492,853 21,492,853 43001:Fees 6,477,911 6,477,911 43005:RentalRevenue 25,000 25,000 43602:Water Charges 82,072,458 82,072,458 43603:Wastewater Charges 30,647,458 30,647,458 43604:lrrigation Charges 650,000 650,000 44502:Developer Contributions 446,874 446,874 Operating Revenue Total 171,968,214 171,968,214 CC0001 Non -Departmental 273,534 273,534 CCO514 Water Operational Technology 1,552,851 - 1,552,851 CC0524 Metering Services 3,907,861 213,545 4,121,406 CCO527 Water Services Administration 51,451,777 1,000,443 52,452,220 CCO528 Water Distribution 7,691,978 1,246,229 8,938,207 CC0529 Water Plant Management 9,842,031 265,173 10,107,204 CCO530 Wastewater Operations 3,754,501 21,134 3,775,635 CCO531 Wastewater Plant Management 12,399,749 106,599 12,506,348 CCO532 Irrigation Operations 560,730 - 560,730 CC0535 Water Conservation 2,192,514 2,192,514 CCO539 Regulatory Compliance 1,043,576 1,043,576 CCO553 Water Operations 1,740,740 1,740,740 Operating Expense Total Non -Operating 96,411,844 2,853,123 99,264,967 44001:Grant Revenue 10,000,000 10,000,000 45001:Misc Revenue 1,500,000 1,500,000 46001:13ond Proceeds 88,076,000 - 88,076,000 70001:Transfers In 14,921,450 7,558,022 22,479,472 Non -Operating Revenue Total 114,497,450 7,558,022 122,055,472 CC0001 Non -Departmental 9,293,578 9,293,578 CCO514 Water Operational Technology 29,150 29,150 CC0524 Metering Services 7,185,224 7,185,224 CCO526 Systems Engineering 448,391,679 142,217 448,533,895 CCO527 Water Services Administration 17,120,200 105,598 17,225,798 CCO528 Water Distribution 775,000 439,365 1,214,365 CCO529 Water Plant Management 15,000 - 15,000 CC0530 Wastewater Operations 24,050,596 24,050,596 CCO531 Wastewater Plant Management 6,000,000 6,000,000 CCO532 Irrigation Operations 43,437 43,437 CC0553 Water Operations 31,382,161 31,382,161 Non -Operating Expense Total 544,286,024 687,180 544,973,204 Ending Fund Balance 130,194,421 4,017,719 134,212,140 Contingency Reserve 28,257,769 28257,769 Non -Operating Reserve 16,451,581 16:451,581 Impact Fee Reserve 30,000,000 30,000,000 Reserves Total 74,709,350 - 74,709,350 Available Fund Balance SS,48S,071 4,017,719 59,502,790 100 General Fund FY2025 YEBA: 208 W Monroe Land 2.806 2.806 5,612 FY2025 YEBA: Council SRF Transfer 2024 Actuals 1,000,000 1.000,000 FY2025 YEBA: Upfitting transfer to Streets 4,196 4,196 100 General Fund Total 2,806 1,007.002 1,009,808 120 General Capital Projects FY2025 YEBA: Allocations Intersections/Sidewalk 618,249 618,249 1,236,498 FY2025 YEBA: DB Wood (SH29 to Oak Ridge) 200,000 200,000 400,000 FY2025 YEBA: Downtown TIRZ transfer to GCP 188,000 188,000 376,000 FY2025 YEBA: FM 1460 and Quail Valley 147,712 147,712 295,424 FY2025 YEBA: Solid Waste Bond Reimb Correction 5,312,500 5,312,500 FY2025 YEBA: Tree Fund transfer to GCP 911,320 911,320 1,822,640 120 General Capital Projects Total 7,377,781 2,065,281 9,443,062 203 Street Tax FY2025 YEBA: HIPR Street Maintenance 19,250 19,250 203 Street Tax Total 19,250 19,250 206 Council Discretionary FY2025 YEBA: 208 W Monroe Land 2,806 2.806 FY2025 YEBA: Council SRF Transfer 2024 Actuals 1,000,000 1,000.000 206 Council Discretionary Total 1,000,000 2,806 1,002,806 228 Tree Fund FY2025 YEBA: Tree Fund transfer to GCP 911,320 911,320 228 Tree Fund Total 911,320 911,320 231 Parks - Restricted FY2025 YEBA: 231 Parks Restricted 6,282 6,282 231 Parks - Restricted Total 6,282 6,282 246 Court Security Fees FY2025 YEBA: Court Security Fees Fund 11,765 11,765 23,530 246 Court Security Fees Total 11,765 11,765 23,530 275 Municipal Jury Fund FY2025 YEBA: Municipal Jury Fund 68 G8 275 Municipal Jury Fund Total 68 88 347 Preserve at Water Oak PID FY2025 YEBA: Preserve at Water Oaks PID Administration 78 833 78.833 157,666 347 Preserve at Water Oak PID Total 78,833 78,833 157,666 354 Parks at Westhaven PID FY2025 YEBA: Parks at Westhaven PID Administration 28,124 28,124 56.248 354 Parks at Westhaven PID Total 28,124 28,124 56,248 356 Heirloom PID FY2025 YEBA: Heirloom PID Administration 362 362 724 356 Heirloom PID Total 362 362 724 362 Downtown TIRZ FY2025 YEBA: Downtown TIRZ transfer to GCP 188,000 188,000 362 Downtown TIRZ Total 188,000 188,000 520 Fleet Services Fund FY2025 YEBA: Upfitting transfer to Streets 4.196 4,196 FY2025 YEBA: Electric Vehicles (Debt Funded) 0 0 FY2025 YEBA: Fleet Fund Transfers (Vehicle Lease Reimbursements) 8,808,572 8,808,572 FY2025 YEBA: Fleet Fund Transfers (Electric MYBA Correction) 650,000 650.000 1,300,000 FY2025 YEBA: Water Fleet Transfers (Debt Funded) -0 -0 FY2025 YEBA: Stormwater Vehicles (Cash Funded) 0 0 FY2025 YEBA: Water Fleet Transfers (Cash Funded) 0 0 520 Fleet Services Fund Total 654,196 9,458,572 10,112,768 590 Self Insurance Fund FY2025 YEBA: Self Insurance Fund 476,174 476,174 952.348 590 Self Insurance Fund Total 476,174 476,174 952,348 Year -End Budget Amendment 600 Airport Operations Revenue Expense FY2025 YEBA: Fleet Fund Transfers (Vehicle Lease Reimbursements) 92,075 92,075 600 Airport Operations Total 92,075 92,075 610 Electric Services FY2025 YEBA: Electric Vehicles (Debt Funded) 1,989,939 1.989,939 FY2025 YEBA: Fleet Fund Transfers (Vehicle Lease Reimbursements) 2,869,215 2.869.215 FY2025 YEBA: Fleet Fund Transfers (Electric MYBA Correction) 650.000 650,000 610 Electric Services Total 4,859,154 650,000 5,509,154 630 Solid Waste Services Fund FY2025 YEBA: Solid Waste Bond Reimb Correction 5.312,500 5,312,500 FY2025 YEBA: Fleet Fund Transfers (Vehicle Lease Reimbursements) 10.000 10,000 FY2025 YEBA: Solid Waste Increase 883,110 883,110 1,766,220 630 Solid Waste Services Fund Total 893,110 6,195,610 7,088,720 640 Stormwater Services FY2025 YEBA: Fleet Fund Transfers (Vehicle Lease Reimbursements) 1,677.344 1,677,344 FY2025 YEBA: Stormwater Vehicles (Cash Funded) 589,573 520,720 1,110,293 640 Stormwater Services Total 2,266,917 520,720 2,787,637 660 Water Services FY2025 YEBA: Fleet Fund Transfers (Vehicle Lease Reimbursements) 4,159,938 4,159,938 FY2025 YEBA: Water Fleet Transfers (Cash Funded) 2,853,121 2,853,122 5,706,243 660 Water Services Total 7,013,059 2,853,122 9,866,181 662 Water Services - Projects FY2025 YEBA: Misc. Line Upgrades 122,639 122,639 245,278 FY2025 YEBA: Water Fleet Transfers (Debt Funded) 544,963 544.963 1.089,926 662 Water Services - Projects Total 667,602 667,602 1,335,204 642 Stormwater Services - Projects FY2025 YEBA: Stormwater Vehicles (Cash Funded) 101,443 170,296 271,739 642 Stormwater Services - Projects Total 101,443 170,296 271,739 612 Electric Services - Projects FY2025 YEBA: Electric Vehicles (Debt Funded) FY2025 YEBA: Fleet Fund Transfers (Electric MYBA Correction) 612 Electric Services - Projects Total Total 1,989,939 1,989,939 -650,000-650,000 1,339,939 1,339,939 25,523,401 26,651,129 52,174,530