HomeMy WebLinkAbout13-StatisticalStatistical
223
Miscellaneous Statistical Data
Form of government Council - Manager
Area 36.54
Miles of streets 422
Number of street lights 2,589
2006 average unemployment rate 4.09%
Total City employees 453.25
Number of parks 23
Acres of parks 380
Number of libraries 1
Number of library items in circulation 347,662
Number of Fire stations 4
Number of Firefighters 60
Number of Police stations 1
Number of Police officers 68
Number of Electric customers 18,549
Number of Water customers 17,979
Number of Wastewater customers 15,811
Number of Sanitation customers 16,240
Number of GISD Attendance Centers 15
# of Teachers 668
Average Years Experience 12
Student/Teacher Ratio 12.7
Total Number of Students 9,400
African-American 3.7%
Hispanic 29.0%
White 66.0%
Economically Disadvantaged 34.0%
Elevation 750 feet
Annual Average Temperature 68o
Monthly Average High Temperature 96o
Monthly Average Low Temperature 39o
Weather
Education
Utility Customers
Public Safety
Recreation and Culture
General City Information
224
Key Indicators
-
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
General Fund Budget
General Fund Budget 17,624,96 19,366,09 20,702,19 23,868,92 28,158,37
02/03 03/04 04/05 05/06 06/07
0
100
200
300
400
500
Acres of Parkland
Acres of Parkland 355 365 385 415 450
02/03 03/04 04/05 05/06 06/07
-
5.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
Area of Georgetown (square miles)
Area (sq miles) 24.47 24.47 25.73 26.51 36.54
'03 '04 '05 '06 '07
225
Key Indicators
Tax Rates
0.2
0.25
0.3
0.35
0.4
Adopted Tax Rate 0.30261 0.32194 0.34626 0.34626 0.36728
Effective Tax Rate 0.2969 0.31277 0.31974 0.31326 0.34394
Rollback Tax Rate 0.30261 0.32685 0.35119 0.35914 0.37699
02/03 03/04 04/05 05/06 06/07
0
0.1
0.2
0.3
0.4
Components of Tax Rate
Debt Service 0.09954 0.10017 0.11332 0.13913 0.14749
Operations &
Maintenance
0.20307 0.22177 0.23294 0.20713 0.21979
02/03 03/04 04/05 05/06 06/07
140,000 150,000 160,000 170,000 180,000
02/03
03/04
04/05
05/06
06/07
Average Residential Value
Avg. Residential Value 163,882 159,271 163,751 166,458 179,064
02/03 03/04 04/05 05/06 06/07
226
Peer Benchmarking
An important way to measure our economic condition is through benchmarking, which is a point of reference from
which measurements or progress can be made. Benchmarking measures our progress from a point in time and is
something that serves as a standard by which others may be measured. Benchmarking data is taken from
2005/06 budgets.
*Both Georgetown and San Marcos own and operate an electric
utility.
Benchmarking allows the City to focus on the relative level of comparison in key areas within the Central
Texas area and find ways to close gaps when indicated.
Population
88,500
57,868
46,112 41,294
28,416
103,210
42,618
0
20,000
40,000
60,000
80,000
100,000
120,000 Kil l een Ro u n d R oc k Te m p l e Sa n M a rcos Cedar P a rk Georgetown P f lugerville
Sales Tax Per Capita
$500
$302
$220
$161 $147
$55
$99
-
100
200
300
400
500
600Ro u nd R oc k San Marcos T empl e Kille e n G e orgetown Ced a r Pa r k P flu g e rv i l le Ad Valorem Revenue Per Capita
$237
$189
$245
$312
$280
$222
$199
-
50
100
150
200
250
300
350Pflug e rvill e Ce d a r P ark T emple Ro und Ro c k George t own K il l ee n San Marcos Employees Per 1,000 Population
10.98 10.62 10.14
7.94 7.39
12.24
9.11
-
2
4
6
8
10
12
14
16 Te m p l e Pflugervil l e S a n M a rc o s *Geo rg e to wn *Kil l een R o u n d R o c k Ce dar Par k
227
Peer Benchmarking
Georgetown has chosen to measure itself against cities in the surrounding area that have similar size, location or
growth issues and benchmarks. Benchmarking data is taken from 2005/06 budgets.
General Fund Expenditures Per Capita
$801 $798
$647
$578
$460$474 $461
$0.0
$200.0
$400.0
$600.0
$800.0
$1,000.0 T e m ple Rou n d R o ck S a n Marco s Georg e t o wn Pf l u g e r v i l l e K il l e e n Cedar P ark General Debt Per Capita
$1,570
$1,444
$1,210 $1,165
$619
$723 $681
200
400
600
800
1,000
1,200
1,400
1,600
1,800Ce dar Pa r k P fl u ge rvil l e San Ma rco s Round Rock Templ e Ge o rge t o wn Ki l lee n Assessed Valuation
(in billions)
$2.52
$1.40
$2.64
$5.14
$3.03
$2.36
$1.86
-
1
2
3
4
5
6Round Rock Ki ll e en Geo r getow n Temple Ced a r Par k Sa n M arcos P f lu g erv i lle Assessed Valuation Per Capita
$49,181
$29,317
$55,299
$64,006
$58,079
$43,555 $40,229
-
20,000
40,000
60,000
80,000Georg e to w n Round Roc k Ced ar Pa rk Pfl u ge rv il l e Te m p le San Ma r co s Ki ll e en
228
Financial Ratio Comparisons
Georgetown has chosen to measure its financial condition against cities in the surrounding area that have
similar size, location or growth issues. The acceptable levels referred to below are based on the City’s
Fiscal and Budgetary Policy.
Fund Balance to Equity ratio is a function of fund
balance to equity for governmental type funds
(General Fund, Special Revenue, etc.)
Working capital is the liquid reserve available to
meet uncertainties. It is a function of current assets
less current liabilities.
Current ratio and quick ratio are measures of liquidity. Liquidity is an organization’s ability to convert
noncash assets into cash or to obtain cash to meet impending obligations. Current ratio includes inventories
and prepaid expenses, whereas the quick ratio excludes inventories and prepaid expenditures. A ratio of 1
or greater is an acceptable level for both ratios.
Fund Balance to Equity Ratio
0.60 0.57
0.41
0.36
0.19
0.46
-
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.90
1.00
C e d a r P a r k K i l l e e n
S a n M a r c o s
R o u n d R o c k
T e m p l e
G e o r g e t o w n
Working Capital
(in millions)
$13.1
$22.9$28.4$28.3
$47.3
$63.2
$0
$20
$40
$60
$80
$100
R o u n d R o c k K i l l e e n
S a n M a r c o s
G e o r g e t o w n
T e m p l e
C e d a r P a r k
Current Ratio
12.75 12.04
9.65 9.51 8.65
7.62
-
2.00
4.00
6.00
8.00
10.00
12.00
14.00
G e o r g e t o w n K i l l e e n
C e d a r P a r k
R o u n d R o c k
T e m p l e
S a n M a r c o s
Quick Ratio
12.55 11.97
9.49 9.27 9.27 8.50
-
5.00
10.00
15.00
G e o r g e t o w n K i l l e e n
R o u n d R o c k
C e d a r P a r k
S a n M a r c o s
T e m p l e
229
Enterprise Operational Coverage
1.85 1.71 1.70
1.49 1.39 1.30
-
0.50
1.00
1.50
2.00
2.50
K i l l e e n
C e d a r P a r k
T e m p l e
R o u n d R o c k
G e o r g e t o w n
S a n M a r c o s
Times Coverage Ratio
8.83
6.20
3.56 3.28
2.40
1.40
-
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
10.00
R o u n d R o c k K i l l e e n
S a n M a r c o s
G e o r g e t o w n T e m p l e
C e d a r P a r k
Financial Ratio Comparisons
Financial ratios provide meaningful data and help identify major trends in the City’s financial condition and
in comparison to surrounding communities. Financial ratio data is taken from 2003/04 Comprehensive
Annual Financial Reports.
Debt due to assessed value is a ratio of the
assessed value to tax supported debt. A ratio of
less than 5 is acceptable.
The ratio of current liabilities plus long term debt
to total assets. A ratio of 1 or lower is accept-
able.
Number of times the utility debt service
requirements would be covered by the current
utility operating revenue net of current operating
expense. A ratio of 1.5 or greater is acceptable.
Enterprise operational coverage is a ratio of
operating revenue to operating expenses of the
City’s combined enterprise funds. A ratio of 1.25
or greater is acceptable.
Debt Ratio
0.52
0.40 0.40 0.39 0.32
0.25
-
0.20
0.40
0.60
0.80
1.00
C e d a r P a r k
T e m p l e K i l l e e n
S a n M a r c o s
R o u n d R o c k
G e o r g e t o w n
Debt to Assessed Value
2.97%
2.10%2.28%
1.24%
2.06%
2.84%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
R o u n d R o c k
C e d a r P a r k
T e m p l e K i l l e e n
S a n M a r c o s
G e o r g e t o w n
230
Certified Property Value
Ten Year History
-
500,000,000
1,000,000,000
1,500,000,000
2,000,000,000
2,500,000,000
3,000,000,000
3,500,000,000
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Ce
r
t
i
f
i
e
d
A
s
s
e
s
s
e
d
V
a
l
u
e
0.3000
0.3100
0.3200
0.3300
0.3400
0.3500
0.3600
0.3700
0.3800
0.3900
0.4000
Ta
x
R
a
t
e
s
Fiscal Certified Tax Increase (Dec)Percent of
Year Assessed Value Rate In Value Levy Collected
1997 633,469,050 0.3800 17.54% 98.22%
1998 984,123,199 0.3500 55.35% 98.60%
1999 1,199,831,232 0.3500 21.92% 98.80%
2000 1,410,072,042 0.3400 17.52% 95.43%
2001 1,629,344,909 0.3141 15.55% 98.75%
2002 1,938,770,383 0.3071 18.99% 98.53%
2003 2,116,042,131 0.3026 9.14% 98.61%
2004 2,247,047,140 0.3219 6.19% 98.72%
2005 2,391,137,407 0.3463 6.41% 98.89%
2006 2,643,057,606 0.3463 10.54% 98.94%
2007 3,060,088,213 0.3673 15.78% N/A
231
Certified Taxable Assessed Valuation
By Class of Property
Class of Property Assessed Value %
Residential
Single Family 1,964,198,975 68.04%
Multi Family 116,756,358 4.04%
Total Residential 2,080,955,333
Commercial 668,860,708 23.17%
Personal Property, Other 136,821,317 4.74%
2006 Certified Assessed Valuation 2,886,637,358 100%
70% of uncertified under protest value 173,450,855
2006 Total Assessed Valuation 3,060,088,213
Single Family
68%
Multi Family
4%
Commercial
23%
Personal
Property, Other
5%
232
City Property Tax Rate Comparison
(Cities within the Central Texas Area)
$0.70
Killeen (.6950)
Belton (.6750)
Pflugerville (.6300)
.60
Temple (.5734)Leander (.59829)
.50 Cedar Park (.52387)
San Marcos (.4702)
Austin (.4066).40 New Braunfels (.4090)
Round Rock (.37105)
Georgetown (.36728)
.30
$0.20
500100150200250300350400
City of Georgetown
$2.4919
Williamson
County
($0.49970)
City of
Georgetown
($0.36728)
$0
Georgetown
Independent
School District
($1.63)
Combined Tax Rate
233
Total Combined Tax Rate Comparison
(Cities within the Central Texas Area)
Combined Monthly Rates
(Utilities and Total Taxes on a $179,064 home)
$581
$601
$640
$652
$567
$679
$100 $200 $300 $400 $500 $600 $700
GEORGETOWN
Austin
Cedar Park
Round Rock
Leander
Pflugerville
Combined Tax Rates
$0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50
GEORGETOWN
Round Rock
Austin
Temple
Cedar Park
Leander
Pflugerville
City School Community College Hospital County & Road
234
Sales Tax Revenue Analysis
Ten Year History
(Includes 1% general use only)
Sales Tax per Capita (1%)
$89.99
$94.72
$108.28
$112.55
$113.63
$100.77
$105.44
$116.01
$126.05
$135.93
$136.46
$1.33
$10.33
$10.15
$- $25 $50 $75 $100 $125 $150
1997
1998
1999
2000
2001
2002
2003
2004
2005
*2006
*2007
Sales Tax Percent Change
50,754
426,900
14%
12%
18%20%
3%
-2%
8%
13%
7%
16%
24%
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
1997 1998 1999 2000 2001 2002 2003 2004 2005 *2006 *2007
-5%
0%
5%
10%
15%
20%
25%
30%
%
c
h
a
n
g
e
f
r
o
m
p
r
i
o
r
y
e
a
r
*Projected Revenues
Wolf Ranch
Wolf Ranch Impact
Population Revenues
Sales Tax
per capita
% change from
prior year
1997 24,000 2,159,689 89.99 14%
1998 25,500 2,415,396 94.72 12%
1999 26,400 2,858,475 108.28 18%
2000 30,359 3,416,760 112.55 20%
2001 31,038 3,526,862 113.63 3%
2002 34,273 3,453,856 100.77 -2%
2003 35,300 3,721,898 105.44 8%
2004 36,359 4,217,991 116.01 13%
2005 38,265 4,874,132 127.38 16%
*2006 41,294 6,061,700 146.79 24%
*2007 44,324 6,475,000 146.08 7%
235
Sales Tax Revenue – By Quarter
(Includes 1% general use only)
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
October - December January - March April - June July - September
Sales in
Quarter (1)
October -
December
January -
March
April -
June
July -
September
Total by
Year
1996 459,133 455,967 497,110 515,951 1,928,161
1997 541,436 491,475 543,930 571,368 2,148,209
1998 599,338 585,178 626,140 629,628 2,440,284
1999 666,584 682,519 758,914 747,348 2,855,365
2000 836,809 850,965 869,638 881,709 3,439,121
2001 868,966 862,427 925,473 892,376 3,549,243
2002 860,390 798,098 929,004 887,827 3,475,319
2003 890,929 846,901 973,750 1,026,751 3,738,331
2004 1,061,835 980,674 1,059,247 1,135,132 4,236,888
2005 1,142,982 1,146,133 1,237,437 1,347,580 4,874,132
2006 1,370,568 1,338,074 1,460,266 1,892,792 6,061,700
1) Note: The City receives sales tax collected through the state two months after the actual month of sales. This chart represents sales in the month indicated.
236
Tax Revenues
Ten Year History
Combined
Revenue City Rate Value Rate Levy Tax Total
1997 2,159,689 7.25% 633,469,050 0.3800 2,407,182 4,566,871
1998 2,415,396 7.25% 984,123,199 0.3500 3,444,431 5,859,827
*1999 2,858,475 7.25% 1,199,831,232 0.3500 4,199,409 7,057,884
2000 3,416,760 7.25% 1,410,072,042 0.3400 4,794,245 8,211,005
2001 3,526,862 7.25% 1,629,344,909 0.3141 5,117,609 8,644,471
2002 3,453,856 7.75% 1,938,770,383 0.3071 5,953,576 9,407,432
2003 3,721,898 8.00% 2,116,042,131 0.3026 6,403,355 10,125,253
2004 4,217,991 8.00% 2,247,047,140 0.3219 7,233,245 11,451,236
2005 4,874,132 8.00% 2,391,137,407 0.3463 8,280,509 13,154,641
**2006 6,061,700 8.25% 2,643,057,606 0.3463 9,151,851 15,213,551
**2007 6,475,000 8.25% 3,060,088,213 0.3673 11,239,704 17,714,704
*13 months - change in accounting accrual methodology per Governmental Accounting Standards Board
**Projected
Fiscal Year Sales Tax Property Tax
Combined Sales & Property Taxes
Property Tax
Sales Tax
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
18,000,000
1997 1998 *1999 2000 2001 2002 2003 2004 2005 **2006
237
38,265
41,294
44,324
36,359
30,359
35,300
26,40025,500
34,273
31,038
15,000
17,000
19,000
21,000
23,000
25,000
27,000
29,000
31,000
33,000
35,000
37,000
39,000
41,000
43,000
45,000
47,000
1998 1999 2000 2001 2002 2003 2004 2005 2006 *2007
Population
Georgetown’s Top Ten
*Does not include some major property owners whose
property is under protest as of date of certification.
TAXPAYERS
(per Certified Roll *)
Assessed
Taxpayer Value
1. SPG Wolf Ranch LP $54,533,897
2. Del Webb Texas LTD 21,472,843
3. Rivery Towne Crossing LP 16,082,723
4. Wal-Mart Real Estate Business Trust 15,396,720
5. HE Butt Grocery Company 13,379,262
6. Hewlett Holdings LTD 12,159,158
7. Watersedge - Georgetown LTD 11,280,732
8. Republic Square K/C LTD 11,217,641
9. Watersedge – Georgetown II LTD` 10,571,039
10. Verizon Southwest 10,535,640
EMPLOYERS
Number of
Employer Employees
1. Georgetown ISD 1,420
2. Williamson County 1,300
3. St. Davids Hospital 600
4. Southwestern University 583
5. HEB 477
6. City of Georgetown 453
7. WalMart 306
8. Sun City Texas 240
9. Wesleyan Homes 240
10. Airborn 230
TEN LARGEST WATER CUSTOMERS
000 Gallons
Customer Consumed
1. Chisholm Trail SUD 598,401
2. Sun City Neighborhood Assn 309,077
3. Southwestern University 105,896
4. City of Georgetown 55,885
5. Rivery Town Crossing 43,893
6. Southwest Material 42,682
7. Georgetown ISD 39,224
8. Jonah Water SUD 34,747
9. Georgetown Place Apts 21,790
10. Simon Property Group 18,516
TEN LARGEST WASTEWATER CUSTOMERS
Customer Volume
1. Southwestern University 45,897
2. Georgetown ISD 26,169
3. Georgetown Place Apts 20,349
4. Housing Authority 17,040
5. Georgetown Health Care System 15,049
6. Indian Creek Apts 14,581
7. Wesleyan Homes 13,669
8. The Oaks of Georgetown 12,976
9. Williamson County 11,090
10. San Gabriel Apartments 8,811
* Projected
238
Utility Customer Growth
Ten Year History
Fiscal
Year Water Electric Wastewater Sanitation Stormwater
1997 10,173 10,811 8,100 8,855 8,594
1998 11,035 11,718 8,887 9,619 9,392
1999 11,573 12,413 9,519 10,350 9,945
2000 12,652 13,482 10,450 11,101 10,797
2001 13,518 14,269 11,338 11,980 11,532
2002 14,198 15,153 11,972 12,641 12,120
2003 14,878 15,812 12,669 13,430 12,661
2004 15,630 16,356 13,454 13,987 13,357
2005 16,656 17,403 14,480 15,076 14,346
2006 17,979 18,549 15,811 16,240 15,686
*2007 19,340 19,953 17,008 17,469 16,873
*Projected
Utility Customer Growth
-
5,000
10,000
15,000
20,000
25,000
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 *2007
Water Electric Wastew ater Sanitation Stormwater
239
Utility Revenues
Ten Year History
Fiscal *Other
Year Water Enterprise Wastewater Electric
1997 5,348,446 1,777,626 3,176,383 14,814,125
1998 6,472,229 2,147,375 3,396,930 17,033,314
1999 6,744,444 2,535,126 3,833,126 17,843,712
2000 8,011,206 2,767,295 4,379,611 20,790,680
2001 8,021,813 3,071,302 4,767,588 24,340,991
2002 8,986,464 3,399,065 4,649,485 23,412,202
2003 8,814,789 3,940,379 4,929,301 25,916,557
2004 8,809,185 4,202,064 5,425,274 29,199,618
2005 9,838,920 4,895,190 5,946,401 34,300,000
**2006 11,616,109 5,313,602 6,563,800 36,852,200
**2007 10,888,600 5,741,600 6,942,400 42,670,900
*Includes Stormwater and Sanitation
**Projected
Utility Revenues
- 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 40,000,000 45,000,000
1997
1998
1999
2000
2001
2002
2003
2004
2005
**2006
**2007
Water *Other Enterprise Wastewater Electric