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Home My WebLink AboutBudget Public Hearing 08.26.14 FINAL - Regular AgendaCity of Georgetown2014/15 ANNUAL BUDGET Public Hearing August 26, 2014 1 Total Budget = $231M 1.8% decrease from prior year 2013/14 amended budget = $235.3M General Fund = $51.9 Million $49.4 Million in 2013/14 projected Capital Improvements = $40.4 Million $55.2 Million in 2013/14 (amended) Purchased Power = $37.1 Million 2 $231M BUDGET BY FUND 3 2014/15 Contingency Reserves $18.82 million City-wide Emergency reserves Uses determined by Policy 75 days City-wide operating expenses Increased from $17.7M due to operational increases $7.695 million in General Fund (90 days) $7.5M in 2014 – 2.6% increase 4 City of Excellence Focus Areas 2014/15 Budget Strategies City of Excellence 5 Council Strategic Goals Major driver for annual budget All addressed specifically by Focus Area Existing staff & funds used where possible New resources proposed to meet direction Other items funded only as required for: Completion - example: PSOTC operations Growth - example: population & customers Legal - example: MS4 6 Economic Development Business Recruitment/Retention Expand marketing and retention & upgrade to FT Business Development Manager Develop plans for Major Gateways Williams Drive – Update plan, evaluate study area and look at implementation options Review UDC process Add 1 planner & software to create capacity and improve process 7 Public Safety Maintain competitive pay Public Safety steps fully funded plus 1% COLA Starting base pay increase of $3,000 Police Crime Deployment Unit 3 new officers and equipment Create 5 officer unit to proactively identify address crime issues Narcotics, violent crime, property crime City of Georgetown 8 Public Safety Best practices & diversity Review fees, hiring strategies, programs Add code enforcement officer Add PT Volunteer Coordinator Animal Shelter facility planning City of Georgetown 9 Public Safety Fire-based Paramedic program Numbers: 9 new fire fighters, 2 TRV’s Fee based program, self supporting on added costs Vision & Mission > premier provider & caring provider Primary focus is improved care and safety (medical/fire/rescue) Better integration of EMT’s and Paramedics to solve the problem early City of Georgetown 10 Public Safety Fire-based Paramedic program, cont. Proven model w/ demonstrated success in many Cities >50k population Expertise is obtained through training and experience > Cavalry Concept Improved deployment efficiency (TRV and BRT) w/i City and County “Rolling ER” concept > not everyone needs to get “admitted” City of Georgetown 11 Public Safety Fire-based Paramedic program, cont. Improve inter-local arrangement & “smart” government w/ fiscal efficiencies Marginal costs are covered thru insurance billing Vetted cost/revenue projections Multi-year review process > now is the time to change “Fear” of change City of Georgetown 12 Signature Destination Downtown West Plan Develop phased plan to address Court, City Hall & Parking Downtown Master Plan Purchase Grace Heritage lot Signage, ADA repairs, underground electric, tree replacement Downtown ordinances Review and develop improvements City of Georgetown 13 Signature Destination Sidewalks 2nd street & 11th street Coordinated with Street projects Rivery Conference Center Add coordinator in CVB late in FY Recreation Center Expand hours to Sundays 2 additional staff added City of Georgetown 14 Signature Destination Future Park Plans Business plans for Westside & Garey parks Coordinate efforts with Wilco & Lake Georgetown Park System Maintenance Williams Drive Pool VFW improvements Ongoing repair and rehab efforts Playground audits, self assessments City of Georgetown 15 Transportation Street sales tax renewal – Nov 2014 Road bond election plan – May 2015 Public transit Cap Metro partnership continued Airport Fund grant match for TXDoT required runway improvements Restructuring business operations City of Georgetown 16 Utilities Conservation 2 new positions & new programs Expand conservation programs to address water demand Integrate CTSUD Energy Add wind and solar options Marketing and public relations CIS implementation 17 Cross Cutting Themes HR issues addressed city-wide Organizational development & training Continue to pursue best practices and customer focus Marketing & promoting of Georgetown Add position & continue reporting Develop metrics Board & Commission training 18 Additional Support Added Electric & Water staff to meet needs of customer growth Implement IT Master Plan 2 additional support positions to maintain internal services Add records management position Continue to maintain fleet & facilities Implement asset management system Replace 25 vehicles City of Georgetown 19 2014/15 Budgeted Capital Improvements $40.4 Million City of Excellence 20 GCP Highlights Parks Williams Drive Pool, VFW Park, Splash Pad Sidewalks 2nd Street, 11th Street, ADA work Downtown Purchase Grace Church parking lot, construct 8th & MLK parking Phase I of Downtown West Still being reviewed by Council City of Georgetown 21 Utility CIP Highlights Electric substation & communication improvements - $2.4 M Solar Energy - $3.3 M Shell Road Water Line - $1.7 M Rabbit Hill Elevated Storage - $1.7 M Edwards Aquifer Replacements - $2.5M Westinghouse Lift Station - $3M City of Georgetown 22 Transportation CIP Highlights FM 1460 Construction - $4.7M Street Maintenance & Repairs - $2.1M Street Rehab - $900,000 2nd Street, W. 10th, W. 11th, Stadium Dr. Traffic signal Williams Dr & Jim Hogg - $300,000 Smith Branch Buyouts - $2.2M Airport Runway Repairs - $900,000 City of Georgetown 23 Additional Information 2014/15 Annual Budget City of Excellence 24 Employee Comp & Benefits 2% Merit Increase - $229,600 2 ½% COLA - $431,000 All departments took reduction to fund! Both are effective February 2015 Public Safety: Steps, 1% COLA, and increase starting pay for Police - $282,400 Health Insurance – 10% increase City of Georgetown 25 Staffing Update - 34 New FTE’s Downtown & Community Svcs – 6 FTE Media Mktg Specialist - CVB Coordinator Aquatic Specialist - Rec Center (2) Sr Parks Maintenance Worker Fire – 9 FTE Fire Based Paramedic Program Police – 4.5 FTE Police Officer (3) - Volunteer Coordinator (PT) Code Enforcement Officer 26 Staffing Update - 34 New FTE Management Svcs – 2.5 FTE Admin Asst (Records) - Planner Upgrade Eco Dev position to FT GUS – 10 FTE Bldg Plans Examiner - Conservation (2) Energy Svcs (4) - Water Svcs (2) Office Specialist (Records) Finance – 2 FTE Systems Administrator - Desktop Technician Note: Hiring dates are staggered throughout the fiscal year 27 New FTE’s by Funding Source 28 Staffing - FTE’s per Capita 29 Utility Rates & Fees City of Excellence 30 Utility Rates & Fees NO RATE INCREASES in Water, Wastewater, Electric or Stormwater Sanitation $0.50 per month for residential customers Covers costs of pass through CPI increase from TDS 31 Proposed2015Property Tax City of Excellence 32 2014/15 Assessed Valuation Certified Assessed Valuation $5.253B Includes $163.1M NEW property (new & annexed) 11.9% above prior year Existing home value increased 7.4% Average Home Value = $210,184 Existing Homes Average = $204,921 7.4% Increase over PY ($190,802) 33 Council Recommended Tax Rate = $0.43400 $0.0055 NET decrease over py $0.4395 Operations & Maintenance (General Fund): 2014 = $0.20738 Interest & Sinking (Debt Service): 2014 = $0.22662 Recommended Rate = 2.49% above the “effective” tax rate of $0.423440 Increase on existing avg. home = $50.79 annually or $4.24 per month 34 General Fund Budget = $48MProperty tax revenue = $11.1M@ $0.43400 35 2014 TAX RATE Components 36 37 Next Steps August 26– 1st Reading Tax & Budget Ordinances September 9 – 2nd Reading Tax & Budget Ordinances October 1 – New fiscal year 38 QUESTIONS? City of Excellence 39