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FINANCIAL SUMMARY TABLE OF CONTENTS
Summary
Where the Money Comes From..................................................................................................... 29
Where the Money Goes (by program)........................................................................................... 30
Where the Money Goes (by division)............................................................................................ 31
Comparison of Proposed Budget to Current Year........................................................................ 32
Revenues
Property'faxes............................................................................................................................... 34
SalesTax........................................................................................................................................ 36
UtilityRevenues............................................................................................................................. 38
CapitalRecovery Fees................................................................................................................... 40
Other Enterprise Fund Revenues................................................................................................... 41
Other Miscellaneous Revenues...................................................................................................... 42
Fund Summaries
AllFunds Summary .......................................................................................................................44
GeneralFund..................................................................................................................................46
StreetsFund................................................................................................................................... 48
ElectricFund.................................................................................................................................. 50
WastewaterFund........................................................................................................................... 52
WaterFund.................................................................................................................................... 54
AirportFund.................................................................................................................................. 56
SanitationFund..............................................................................................................................57
StormwaterDrainage Fund............................................................................................................ 58
General Capital Projects Funds..................................................................................................... 59
SpecialRevenue Funds.................................................................................................................. 60
InternalService Funds................................................................................................................... 61
Where The Money Comes From
2000-2001
Fund Balance Use
19%
Service Improvement Fees
2%
Other Revenue
8%
Property Taxes
Interfund Transfers 6%
8% Sales Taxes
s - New Debt
/o
rges for Services
9%
Capital Recovery Fees
1%
enues
99/00
99/00
00/01
01/02
98/99 Amended
Projected
Adopted
Projected
Actual Budget
Actual
Budget
Budget
Property Taxes
Sales Taxes
Bond Proceeds - New Debt
Charges for Services
Capital Recovery Fees
Utility Revenues
Grants
Other Revenue
Service Improvement Fees
Fund Balance Used
Interest
Interfund Transfers
Totals
4,224,047
4,803,050
4,821,499
5,106,500
5,874,500
2,858,475
2,725,000
3,250,000
3,600,000
3,950,000
8,250,000
6,035,000
5,701,523
2,204,500
6,378,500
6,141,623
6,915,711
6,922,480
7,494,879
7,497,619
655,117
433,125
695,000
433,125
433,125
30,308,383
31,119,385
32,152,300
33,512,574
35,858,181
307,570
800,164
796,052
941,259
78,255
5,739,882
5,954,909
6,895,408
6,510,252
6,594,423
1,312,068
1,855,280
1,442,680
1,493,545
1,493,545
506,536
11,650,443
(180,721)
16,042,927
(386,907)
1,652,607
1,109,411
1,556,701
1,233,034
1,112,252
6,905,125
8,323,463
8,354,364
6,829,976
6,961,824
68,861,433
81,724,941
72,407,286
85,402,571
75,845,317
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 29
Police Ser
5%
Administration
10%
Development Servic
2%
Parks & Recrt
3%
Budget by Program
2000-2001
Electric
ono/ Public Library
32%
r
ion
irmwater Drainage
1%
Debt Payments
8%
Airport
2%
Fire Services
4%
Comm Svc -Others
1%
Budget Total By Program 65,384,560 100.0% 69,953,327 100.0%
Interfund Transfers & Premiums 16,340,381 15,449,244
TOTAL OPERATING BUDGET 81,724,941 85,402,571
FINANCIAL SUMMARY
30 ANNUAL OPERATING PLAN ELEMENT 2000/01
Amended
Adopted
1999/00 Budget
%
2000/01 Budget
%
Police Services
3,380,914
5.2%
3,433,743
4.9%
Streets
781,265
1.2%
1,172,644
1.71/6
Electric
13,201,479
20.2%
14,324,040
20.5%
Public Library
661,385
1.0%
697,383
1.0%
Water
2,842,353
4.3%
3,233,266
4.6%
Wastewater
1,329,680
2.0%
1,380,377
2.0%
Sanitation
1,761,322
2.7%
2,252,595
3.2%
Stormwater Drainage
201,565
0.3%
196,378
0.3%
Debt Payments
4,645,923
7.1%
5,681,022
8.1%
Airport
913,522
1.4%
999,331
1.4%
Fire Services
2,213,677
3.4%
2,589,988
3.7%
Comm Svc -Others
935,290
1.4%
736,826
1.1%
Capital Improvements
23,508,136
36.0%
22,417,285
32.0%
Parks & Recreation
2,026,792
3.1%
2,256,432
3.2%
Development Services
1,213,709
1.9%
1,232,605
1.8%
Administration
5,767,548
8.8%
7,349,412
10.5%
Budget Total By Program 65,384,560 100.0% 69,953,327 100.0%
Interfund Transfers & Premiums 16,340,381 15,449,244
TOTAL OPERATING BUDGET 81,724,941 85,402,571
FINANCIAL SUMMARY
30 ANNUAL OPERATING PLAN ELEMENT 2000/01
Budget By Division
2000-2001
Community Services
. 6%
P„rr.hncer1 Pnwer WOT n Economic Develonment
Information Res(
1%
Management Servica
4%
Community Owned Utilities
14%
Development
2%
Int
Development Services
Community Owned Utilities
Management Services
Information Resources
Purchased Power (COU)
Community Services
Economic Development
Capital Improvements
Parks & Recreation
Finance & Administration
Fire Services
Debt Payments
Police Services
Interfund Charges & Transfers
Totals
9%v V Police Services Debt Payments
5% 7%
,apital Improvements
25%
& Recreation
3%
Administration
4%
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 31
99/00
99/00
00/01
01/02
98/99
Amended
Projected
Adopted
Projected
Actual
Budget
Actual
Budget
Budget
1,271,215
1,348,244
1,302,286
1,374,276
1,369,176
9,416,034
11,197,009
10,878,605
12,572,859
12,598,760
1,768,245
2,244,951
2,051,844
3,039,418
3,222,892
858,869
983,307
983,307
1,136,326
1,065,526
11,584,455
11,597,040
12,083,700
12,542,100
13,095,500
4,039,041
4,739,903
4,768,995
5,186,315
5,106,742
0
0
0
351,756
351,756
17,353,731
23,508,136
14,360,574
22,417,285
12,233,500
1,795,930
2,330,092
2,247,876
2,588,906
2,444,463
3,144,077
3,212,408
3,181,588
3,480,822
3,390,792
2,389,632
2,543,936
2,513,478
2,993,767
2,993,172
3,674,494
4,645,923
4,635,844
5,681,022
5,897,240
3,626,871
3,949,322
3,863,899
4,083,354
3,989,585
7,938,839
9,424,670
9,535,290
7,954,365
8,086,213
68,861,433
81,724,941
72,407,286
85,402,571
75,845,317
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 31
COMPARISON OF PROPOSED BUDGET TO CURRENT YEAR
OVERALL
Divisions were required to keep base budgets at or below current levels for most operating costs. The costs from outside contracts,
such as treatment plant operations and automatic meter reading maintenance contract costs , rose slightly due to the continued
growth in customers and property. Personnel costs, such as the annualized cost of 1999/00 merit -based pay increases given in
January and an approximate 7% increase in employee health insurance, caused slight increases across the board. Other significant
changes are summarized below.
1999/00 2000/01
Amended Adopted Increase/
Buffet Budijet Decrease Explanation
COMMUNITY OWNED UTILITIES
$11,197,009 $12,572,859 $1,375,850 Maintenance accounts for Street ($250,000), Water
($108,000) and Wastewater ($158,000) were moved from
the CIP budget to the departmental budgets in 2000/01.
The proposed budget also includes $300,000 for CIS
software and $480,000 for annual maintenance of the new
automated meter reading system.
PURCHASED POWER
11,597,040 12,542,100 945,060 Costs rise annually with addition of approximately 750
new customers each year and are offset by electric sales
revenue.
COMMUNITY SERVICES
4,739,903 5,186,315 446,412 The growth in Airport fuel sales and sanitation contract
costs due to rising customer bases have increased costs.
Both are offset by proportional increases in revenue. The
Convention and Visitors' Bureau (CVB), along with the
Main Street function, moved to the new Economic
Development Division in 2000/01.
DEVELOPMENT SERVICES
1,348,244 1,374,276 26,032 The 1999/00 merit increases for staff have caused a slight
increase in expenses for the division.
ECONOMIC DEVELOPMENT
351,756
FINANCE & ADMINISTRATION
3,212,408 3,480,822
32
351,756 This is a new division for 2000/01. Previously CVB
expenses were captured in the Community Services
division.
268,414 Roof replacements at the Tennis Center and Community
Center, along with carpet replacement in the Municipal
Building, are included in the Facilities Maintenance Fund
as additional maintenance expenses needed for 2000/01.
The addition 6f a court fees Special Revenue Fund to
account for legally restricted court taxes also represents an
increase for this division.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
1999/00 2000/01
Amended Adopted,
Budjjet Buddet
FIRE SERVICES
$2,543,936 $2,993,767
INFORMATION RESOURCES
983,307 1,136,326
MANAGEMENT SERVICES
2,244,951 3,039,418
PARKS & RECREATION
2,330,092
POLICE SERVICES
3,949,322
Increase
Decrease Explanation
$449,831 Six additional firefighters, an operations chief position
and operating costs for Fire Station 4 were added in
2000/01.
153,019 Network hardware replacement costs, as well as annual
software maintenance agreements, have increased for this
division.
794,467 The proposed budget includes $550,000 of salary and
benefits for the employee pay for performance system.
This amount will be distributed to departments in January
when individual amounts are known. An additional
$200,000 was also allocated by City Council to be used
towards improvement of employee benefits.
2,588,906 258,814 The construction costs for completing the hike and bike
trail and athletic complex, which were originally budgeted
in 1998/99, are offset by a full year of operational costs
for the hike and bike trail, Village Pool and Georgetown
Tennis Center. Also included are the costs of two
positions that were originally funded through grants.
4,083,354
CAPITAL IMPROVEMENTS
23,508,136 22,417,285
DEBT PAYMENTS
134,032 Operating expenses remain level, while payroll expense
related to merit raises for staff has increased.
(1,090,851) Amounts fluctuate from year to year depending on the
nature and timing of projects.
4,645,923 5,681,022 1,035,099 Combined tax -supported and self-supporting general
obligation debt, along with utility revenue debt, payments
have risen by the new debt issues in 1999/00 and
scheduled increases in debt payments.
INTERFUND NONDEPT'L CHARGES
1,101,207 1,124,389
INTERFUND TRANSFERS
8,323,463 6,829,976
23,182 The administrative allocations rise as overall costs for
support services provided to the General Fund rise.
(1,493,487) Council directed a decrease in transfers to the General
Fund to provide better economic strength and to match
program revenues to program expenses. The City will
continue to work on this effort through a competitive fee
analysis to be completed in 2000/01.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 33
Property Tax Revenues
8.000,000
6,000,000
4,000,000
2,000,000
0
95/96 96/97 97/98 98/99 99/00 00/01' 01/02' 02/03' 03/04* 04/05'
*Projected
Taxable Property Values
2,500,000,000
2,000,000,000
1,500,000,000
1,000,000,000
500,000,000
0
95/96 96/97 97/98 98/99 99/00 00/01' 01/02' 02/03' 03/04' 04/05'
-Projected
FINANCIAL SUMMARY
34
ANNUAL OPERATING PLAN ELEMENT 2000/01
Fiscal Year 95/96 96/97 97/98 98/99 99/00 00/01 01/02' 02/03* 03/04* 04/05*
Property Tax Revenues:
(in thousands)
General Fund 747
1,045
1,593
1,908
2,241
2,430
3,130
2,769
2,865
2,955
Streets 178
253
443
597
700
800
900
956
1,030
1,105
Debt Service 1,060
1,168
1,360
1,711
1,862
1,887
1,854
2,313
2,416
2,307
Property Values:
(in millions)
Existing Property 518
561
775
1,039
1,313
1,519
1,678
1,821
1,969
2,120
New & Annexed 21
92
210
156
114
110
90
90
90
90
Property
Tax Rates
Per $100 -taxable 0.370 0.379 0.350 0.350 0.340 0.31409 0.334 0.331 0.321 0.303
valuation
* Projected
Taxes are levied January leach year and are past due on February lof the following year. Property tax rolls are certified
in July and the tax rate is adopted in September along with the Annual Operating Plan.
Taxable values have risen steadily due to rapid residential and commercial growth since 1994.
=> New construction permits averaged 800-1,200/year since 1996. Growth outlook is expected at 750 annually.
=> Values on existing property have risen annually 18% on average the last 3 years. 2000/01 new values include:
$109 million new construction
$1 million annexations
Adopted property tax rate for 2000/01 is $0.31409/$100 valuation.
0% increase over the effective rate of $0.31409.
=> Maintenance & Operations (M&O) $0.19847 for 2000/01 is deposited to General & Street SRF Funds**
=> Debt Service $0.11562 for 2000/01 is deposited to General Debt Service Fund
**Beginning in 1994/95, the City began a 5 year transition plan to dedicate $0.05 of the M&O portion of the tax
rate to transportation. This goal was accomplished in 1998/99.
Future Projections:
=> Based on continued new property growth of $90 million annually with a 3% annual increase in valuations. Growth
projections are reviewed semiannually and adjusted as needed.
=> No annexations are included.
=> Tax rates include debt needs for street and facility capital improvements as shown on the 5 -year Street and
General Capital Projects schedules.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 35
Sales Tax Revenue
04/05*
03/04*
02/03*
01/02*
00/01*
99/00*
98/99
97/98
96/97
95/96
$0
$1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000
*Projected
The City receives 1% of the 7.25% sales and uses taxes for general operating purposes. The remaining 6.25%
is collected and retained by the State of Texas.
The City's sales tax base is diverse with revenues being generated by national grocery and other retailers,
building supply stores, utilities, etc. The heavy residential growth over the past few years has also created
a demand for more restaurants and retailers, which have expanded the City's tax base.
Sales tax receipt increases average 14% annually for the past five years.
_> 1999/00 sales tax receipts expected to exceed prior year by 13.6%.
_> Future revenues are projected at 6 - 10% annually.
36
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
O� GEORG\
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FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
37
Electric Revenue
01. nnn nnn
93/94 94195 95/96 96197 97196 98/99 99/00• 00101' 01/02' 02103' 03104' 04105'
Water Revenue
$10,000,000
$6.000,000
$6,000,000
$4,000,000
$2,000,000
$0
38
*Projected
93194 94/95 95/96 96197 97/98 98/99 99100` 00/01' 01102' 02/03• 03/04' 04/05'
*Projected FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
m
_------$8-Of
'$7.75M
$7.45M
'S7.30M
'56.72M
•$6.79M
S6.39M
$6.47M
$5.92M $5.48M
S4.22M
$3.81 M
93194 94/95 95/96 96197 97/98 98/99 99100` 00/01' 01102' 02/03• 03/04' 04/05'
*Projected FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
Wastewater Revenue
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0
'S4.39M 'S4.56M
'54.40M
'S4.00M
`S3.SOM
$3.55M
$3.39M
93/94 94/95 95/96 96/97 97/98 98/99 99/00' 00/01* 01/02' 02/03` 03/04' 04/05'
*Projected
Revenues include charges for services including tap or hookup fees.
Developer contributions (such as capital recovery fees) and interest are presented on a separate schedule.
Generally, utility revenue projections are based on projected customer growth for each utility.Because the City
of Georgetown provides services outside its incorporated boundaries, customer growth can exceed population
growth. Conversely, annexations usually do not impact the utility customer base.
Electric and Water Revenue Projections:
=> Calculated on a four-year rolling average of per capita consumption.
=> Highly subject to variations in weather conditions.
=> Shortfalls due to weather are generally adjusted in the following year's scheduled projects.
=> Assumes 5% growth for Electric through the next five years, as the City adjusts to a deregulated market.
=> Assumes 6% customer growth in Water for the next two years and reduced to 4% for three years.
The ground and surface water supply is adequate through build out of the City's existing certificated
water service area. Major treatment and system expansions will be made as growth occurs and are
included in the 5 -year capital improvements schedule. The City continues to be proactive in planning
for regional water needs.
Wastewater Revenue Projections:
=> Based on average monthly billings adjusted for customer growth.
=> Assumes 6% customer growth for the next two years and reduced to 4% for three years.
The new Pecan Branch plant is scheduled for construction in 2000/09 to accomodate the growth in
customers.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 39
Capital Recovery Fee Revenue
$2,500,000
$2,000,000
$1,500,000
Service Improvement Fees
$1,000,000
$500,000
$0
94/95 95/96 96/97 97/98 98/99 99/00' 00/01' 01/02' 01/02' 03/04' 04/05'
"Projected
Fiscal Year 95/96 96/97 97/98 98/99 99/00* 00/01* 01/02* 02/03* 03/04* 04/05*
(in thousands)
Service Improvement Fees:
Water 1,313 1,017 866 632 747 798 798 798 798 798
Wastewater 803 622 530 386 395 395 395 395 395 395
Total 2,116 1,639 1,396 1,018 1,142 1,193 1,193 1,193 1,193 1,193
Impact Fees:
Water N/A 169 204 410 415 268 268 268 268 268
Wastewater N/A 106 135 245 280 165 165 165 165 165
Total N/A 275 339 655 695 433 433 433 433 433
Service Improvement Fees:
=> Del Webb
Collected from Del Webb's Sun City Georgetown on a per unit basis to offset cost of infrastructure improvements
to serve the development. The fees, similar to impact fees, are collected for water, wastewater, streets and fire
improvements as part of the development agreement for the 12 - 15 year project.
=> Water Service Improvement Fees $1,986 per unit
=> Wastewater Service Improvement Fees $1,215 per unit
Street and fire fees are not significant and are presented as part of other revenues.
=> Esca/ara Ranch
Collected from the developer on a per unit basis to offset cost of Water infrastructure improvements to serve the
development. The fee of $3,391 per unit will be collected as the buildout continues.
Impact Fees:
In 1996, the City adopted water and wastewater impact fees under Chapter 395 of the Texas Local Government Code.
These revenues are used as partial funding for qualifying water and wastewater infrastructure projects.
FINANCIAL SUMMARY
40 ANNUAL OPERATING PLAN ELEMENT 2000/01
Other Enterprise Fund. Revenues
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
94/95
95/96 96/97 97/98 98/99 99/00* 00/01' 01/02*
*Projected
Fiscal Year
94/95
95/96
96/97
97198
98199
99100*
00/01*
01/02*
(in thousands)
Stormwater Drainage
100
260
327
461
616
669
716
736
Airport
379
458
603
596
724
1,220
1,386
1,346
Sanitation
1,147
1,292
1,507
1,680
1,910
2,071
2,538
2,635
Sanitation Revenue:
Sanitation revenue includes fees collected for curbside pick-up and recycling, special pick-ups and dumping fees
at the City's collection station. Rates are expected to increase in November to offset rising operational costs by the
City's sanitation contractor. Growth in the City's customer base continues to be steady.
Airport Revenue:
Airport revenue consists primarily of fuel sales, T -hangar rentals and tie -down fees. A 63 -space T -hangar facility
was completed in January 2000, to accommodate demand for hangar rental space, therefore increasing revenues.
Stormwater Drainage:
Revenue for stormwater drainage is collected on a per unit basis to pay for the maintenance of drainage, detention
and filtration infrastructure. This fee also funds debt service payments for bonds previously issued for capital
improvement projects. Fees apply within the incorporated city limits and the growth will be consistent with other utility
customer growth.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 41
Other Miscellaneous Revenues
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0
94/95 95/96 96197 97/98 98/99 99100' 00/01' 01/02'
*Projected
Fiscal Year
94195
95196
96/97
97/98
98/99
99100*
00101*
01102*
(in thousands)
Interest Income
683
1,054
819
1,296
1,653
1,557
1,233
1,112
Grant Revenue
630
540
1,212
1,184
308
796
941
78
Miscellaneous Revenue
1,774
2,868
2,474
4,136
2,848
3,274
2,909
2,947
Interest Income
=> Revenue peaked in 1998/99 due to the investment of proceeds from 1998 and 1999 bond issues. Interest revenue declines as
projects are completed and bond proceeds are spent.
=> Interest revenues are projected based on anticipated cash balances available from:
*Fund balances *Bond proceeds
*Contingency reserves *Debt service funds
Grant Revenue
The City receives grants for a variety of purposes including law enforcement, emergency management, tree planting, parks and
airport construction. Grant revenue is projected based on pending and approved grant commitments.
Miscellaneous Revenue
=> Includes one time increases, such as the investment income from the sale of assets originally purchased for an economic
development project in 1997/98.
Miscellaneous fees are expected to remain stable for 2000/01 and include revenues and funding sources not appropriate to other
categories and also the following specific revenues:
*Franchise fees *Building permits *Fines
*Building permits *Mapping fees *Donations
*Surplus property sales *Platting fees *Other user fees
*Parks & recreation charges *HoteUmotel taxes
FINANCIAL SUMMARY
42 ANNUAL OPERATING PLAN ELEMENT 2000/01
4.
4 GEORG�T
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FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 43
General
Special Capital
Total General Revenue Projects
Budget Fund Funds Funds
Beginning Fund Balances ! 25,969,210 3,250,201 728,433 4,973,517
Working Capital
;p SOURCES & REVENUES:
Property taxes 5,106,500 2,430,000 820,500
Sales taxes 3,600,000 3,600,000
Bond Proceeds 2,204,500 1,130,000
Charges for Services 7,494,879 929,714
Capital Recovery Fees 433,125
rT Special Improvement Fees 1,493,545 300,625
LLi Utility Revenues 33,512,574
Grants 941,259 793,809
Interest 1,233,034 128,403 46,240 185,051
Other Revenue 6,510,252 1,163,729 2,161,942
Interfund Transfers 6,829,976 4,121,500 272,026 795,000
Total Revenues 69,359,644 12,373,346 4,094,517 2,410,676
i
USES & EXPENSES:
Community Owned Utilities 12,572,859 1,547,221
fid Purchased Power 12,542,100
i Community Services 5,186,315 1,575,212 54,644
k� Development Services 1,374,276 1,374,276
Economic Development 351,756 351,756
Finance & Administration 3,480,822 159,669 20,000
Fire Services 2,993,767 2,993,767
Information Resources 1,136,326 13,367
Management Services 3,039,418 896,910
Parks & Recreation 2,588,906 1,552,508 1,036,398
Police Services 4,083,354 3,908,790 174,564
Capital Improvements 22,417,285 650,000 7,384,193
Debt Payments 5,681,022
Interfund Nondepartmental Chrg 1,124,389 1,124,389
Interfund Transfers 6,829,976 38,026 715,000
$7 Total Uses & Expenses 85,402,571 13,623,547 4,562,950 7,384,193
I Ending Fund Balance/ 9,926,283 2,000,000 260,000 0
P� Working Capital
RESERVATIONS:
Contingency 8,500,000 2,000,000 260,000
Capital Projects/Other 1,426,283
Available Fund Balance/ 0 0 0 0
Working Capital
Employees - Full Time Equivalents 350.50 201.75 38.50 0.00
FINANCIAL SUMMARY
44 ANNUAL OPERATING PLAN ELEMENT 2000/01
General
Debt
Other
Internal
Service
Electric Wastewater Water Enterprise
Service
Fund
Fund Fund Fund Funds(1)
Funds
Beginning Fund Balances / 625,913
4,619,398 6,340,192 4,099,191 975,383
356,982
Working Capital
SOURCES & REVENUES:
Property taxes
1,856,000
Sales taxes
Bond Proceeds
1,074,500
Charges for Services
6,565,165
Capital Recovery Fees
165,000
268,125
Special Improvement Fees
394,875
798,045
Utility Revenues
19,543,796
4,000,000
6,715,000
3,253,778
Grants
147,450
Interest
58,000
236,253
261,675
203,048
35,809
78,555
Other Revenue
748,550
376,600
433,190
1,572,901
53,340
Interfund Transfers
825,450
816,000
Total Revenues
1,914,000
21,603,099
6,023,600
8,564,858
4,862,488
7,513,060
USES & EXPENSES:
Community Owned Utilities
3,119,282
2,153,576
4,294,252
475,106
983,422
Purchased Power
12,542,100
Community Services
3,556,459
Development Services
Economic Development
Finance & Administration
3,301,153
Fire Services
Information Resources
1,122,959
Management Services
2,142,508
Parks & Recreation
Police Services
Capital Improvements
3,349,150
7,930,000
2,315,730
788,212
Debt Payments
1,887,462
996,165
1,118,916
1,310,217
368,262
Interfund Nondepartmental Chrg
Interfund Transfers
2,815,800
286,300
2,413,850
241,000
320,000
Total Uses & Expenses
1,887,462
22,822,497
11,488,792
10,334,049
5,429,039
7,870,042
Ending Fund Balance/
652,451
3,400,000
875,000
2,330,000
408,832
0
Working Capital
RESERVATIONS.,
Contingency
3,400,000
875,000
1,700,000
265,000
Capital Projects/Other
652,451
630,000
143,832
Available Fund Balance/
0
0
0
0
0
0
Working Capital
Employees - Full Time Equivalents
0.00
17.00
7.00
8.00
11.75
66.50
(1) includes Airport, Sanitation and Storrnwater Drainage Funds
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 45
46
General Fund.
99/00
00/01
01/02
98/99 99/00 Projected
Adopted
Projected
Actual Budget Actual
Budget
Budget
2,241,091
2,430,000
Beginning Fund Balance 3,425,671 2,239,332 2,632,703
3,250,201
2,000,000
REVENUES:
1,460,108
1,454,944
1,575,212
1,509,212
1,271,215
Property Taxes
1,907,978
2,264,000
2,241,091
2,430,000
3,130,000
Sales Taxes
2,858,475
2,725,000
3,250,000
3,600,000
3,950,000
Interest
119,868
112,883
112,883
128,403
136,592
Administrative Charges
734,213
821,549
815,380
929,714
929,714
All Other Revenue
1,259,418
1,027,375
1,228,138
1,163,729
1,236,138
Tfs In - Return on Investment
1,977,406
2,041,025
2,096,500
2,159,100
2,242,450
Transfers In - Other
1,794,597
3,340,788
3,340,788
1,962,400
1,910,000
Total Revenues 10,651,955 12,332,620 13,084,780 12,373,346 13,534,894
EXPENSES:
Community Services
Development Services
Finance & Administration
Fire Services
Management Services
Parks and Recreation
Police Services
Interfund Nondept'I Chrg
Transfers Out
Total Expenses
1,268,917
1,460,108
1,454,944
1,575,212
1,509,212
1,271,215
1,348,244
1,302,286
1,374,276
1,369,176
133,671
156,040
155,125
159,669
159,669
2,389,632
2,543,936
2,513,478
2,993,767
2,993,172
612,825
717,405
707,654
896,910
882,910
1,247,453
1,482,419
1,439,424
1,552,508
1,552,577
3,377,274
3,600,758
3,553,684
3,908,790
3,908,790
1,033,714
1,101,207
1,180,926
1,124,389
1,124,389
110,222
161,835
159,761
38,026
34,999
11, 444, 923 12,571,952 12,467,282 13,623,547 13, 534,894
Ending Fund Balance 2,632,703 2,000,000 3,250,201 2,000,000 2,000,000
RESERVATIONS:
Contingency 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000
Available Fund Balance 632,703 0 1,250,201 0 0
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
Revenues 2000/01 Expenditures 2000/01
Tfr In- Other
1d°i
Tfr In -
Retum on
Inv.
16%
Fur
Balai
90,
Admin
Charges
7% Interest &
n+k.
Sales Taxes
27%
Property
Taxes
18%
Police Svcs
28.7%
Intfd
NoCnh ept'I Transfers Com Svcs
8.3% 0.3% 11.6%
6.6% Parks
11.4%
3V Svcs
10.1%
F&A
1.2%
-e Svcs
>2.0%
Punct. Description:
The General Fund is used to account for resources traditionally associated with government which are not required
legally or by sound financial management to be accounted for in another fund.
Significant Issues/Comments:
=> Fire Services opened a temporary station at the Airport in 1999/00 to provide fire protection in that area. The
permanent facility for Fire Station 4 is expected to be completed in December 2000 and will require $260,000
in staffing and operational costs. In 2000/01, an additional six firefighters will be hired, along with an operations
chief, to alleviate staffing issues.
=> The Police Services budget increased as the City assumes the full funding for five police officers originally hired
through a U.S. Department of Justice Community Oriented Policing Services grant.
=> Parks and Recreation assumed funding for two previously grant funded positions when the grants expired
September 30, 2000.
=> $150,000 of contingency funds, used at the Council's discretion, have been included in the City Council depart-
ment budget. The funding for council contingency was previously budgeted in the utility funds.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 47
48
Streets Puna.
EXPENSES:
Community Owned Utilities - Streets
985,936
1,127,045
99/00
00/01
01/02
Transfers Out - Capital Projects
98/99
99100
Projected
Adopted
Projected
Actual
Budget
Actual
Budget
Budget
1,710,801
1,798,045
1,764,495
2,262,221
2,186,221
Ending Fund Balance
Beginning Fund Balance
354,556
214,047
273,189
386,674
153,000
REVENUES:
Contingency
Property Taxes (Dedicated)
597,246
671,000
700,358
800,000
900,000
Franchise Fees
986,365
1,047,272
1,141,689
1,198,547
1,267,721
Interest
16,049
7,793
25,000
30,000
18,500
Grant Revenue
Transfers In
29,774
10,933
10,933
Total Revenues
1,629,434
1,736,998
1,877,980
2,028,547
2,186,221
EXPENSES:
Community Owned Utilities - Streets
985,936
1,127,045
1,093,495
1,547,221
1,411,221
Transfers Out - Capital Projects
724,865
671,000
671,000
715,000
775,000
Total Expenses
1,710,801
1,798,045
1,764,495
2,262,221
2,186,221
Ending Fund Balance
273,189
153,000
386,674
153,000
153,000
RESERVATIONS:
Contingency
153,000
153,000
153,000
153,000
Available Fund Balance
273,189
0
233,674
0
0
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
Franchi
Fee
58.7%
Revenues 2000/01
Fund
Balance Interest
Puna. Description:
Expenditures 2000/01
'roperty Transfer
Tax 38%
37.5%
)perations
62%
The Streets Special Revenue Fund (SRF) was created in 1996/97 as part of the City's effort to dedicate
sufficient financial resources to street repair and maintenance, as well as to track funds received for use
of public rights-of-way.
=> Five cents of the City's $0.31409 property tax rate is dedicated to streets.
=> Franchise fees from service providers (telephone, gas, cable TV, etc.) and city -owned utilities
are deposited directly to the Streets SRF because these fees are reimbursements to the City for
rental of streets and rights-of-way, as well as, for added wear and tear due to street cuts and traffic
diversions.
=> Street Department personnel and operating costs are included in this fund.
=> Any excess funds are transferred to Streets Capital Projects for transportation system expansion
and improvements.
Significant Issues/Comments:
` => Transfers Out are made to Streets -General Capital Projects to fund the 2000/01 portion of the 5 -year
capital improvements plan.
=> Revenue from property taxes and franchise fees continues to rise due to growth in appraised valuation
and the increasing number of utility customers.
=> Beginning in 2000/01, the $250,000 normally budgeted for unscheduled street repairs and maintenance
has been moved from the capital projects fund to the Streets SRF.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 49
50
Electric Fund,
99/00
00101
01/02
98199 99/00 Projected
Adopted
Projected
Actual Budget Actual
Budget
Budget
1,566,523
1,074,500
Beginning Working Capital 6,353,361 4,717,383 5,242,470
4,619,398
3,400,000
REVENUES:
Electric Services
17,843,712
18,408,000
18,822,000
19,543,796
20,789,163
Bond Proceeds
11,584,455
1,530,000
1,566,523
1,074,500
1,975,500
Interest
329,214
255,904
232,520
236,253
236,115
All Other Revenue
646,324
754,643
789,350
748,550
768,550
Transfers In
8,198
7,355
7,355
2,815,800
2,918,700
Total Revenues 18,827,448 20,955,902 21,417,748 21,603,099 23,769,328
EXPENSES:
Community Owned Utilities
2,612,879
2,839,566
2,821,738
3,119,282
3,131,882
Purchased Power
11,584,455
11,597,040
12,083,700
12,542,100
13,095,500
Capital Projects
2,752,871
3,709,535
2,982,268
3,349,150
3,483,500
Debt Payments
495,416
681,914
681,914
996,165
1,139,746
Transfers Out
2,492,718
3,445,230
3,471,200
2,815,800
2,918,700
Total Expenses
19,938,339
22,273,285
22,040,820
22,822,497
23,769,328
Ending Working Capital 5,242,470 3,400,000 4,619,398 3,400,000 3,400,000
RESERVATIONS:
Contingency 3,000,000 3,400,000 3,400,000 3,400,000 3,400,000
Other
Available Working Capital 2,242,470 0 1,219,398 0 0
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
F
Bal
I
Revenues 2000/01
InterestOther
Bond 1% 3%
Proceeds
CICI.0 Il.
Services
86%
Fund. Description:
Debt
Paymen
4%
Capital
Projects
15%
Expenses 2000/01
Transfers
100/
Operating
14%
Power
55%
The Electric Fund is used to account for the revenues from all operating and maintenance activities
of the utility and the expenses of the departments which support those activities. This includes the
the Electric department, purchased power costs, debt payments and capital projects. The fund also
makes transfers out to other funds as directed by the City Council.
,Significant Issues/Comments:
=>The Customer, Choice and Control (CCC) system for automated meter reading was completed
during 2000. The annual maintenance costs for Electric are estimated at $240,000, plus an
additional $100,000 for meters for new growth.
=> Purchased power costs continue to increase proportionally with the growth in customer base.
=> Capital projects are funded through operating revenues and debt when needed. In 2000/01,
$1,100,000 of operating revenue is used for capital projects.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 51
Wastewater Fund.
99/00
00/01
01102
98199 99100 Projected
Adopted
Projected
Actual Budget Actual
Budget
Budget
3,800,000
4,000,000
4,400,000
Beginning Working Capital 4,345,249 2,992,887 3,112,330
6,340,192
875,000
REVENUES:
1,946,604
2,177,828
2,177,827
2,153,576
2,386,302
Wastewater Services
3,551,945
3,658,000
3,800,000
4,000,000
4,400,000
Bond Proceeds
575,943
1,285,000
1,285,000
1,118,916
1,130,389
Capital Recovery Fees
244,682
165,000
280,000
165,000
165,000
Special Improvement Fees
386,370
516,375
394,875
394,875
394,875
Interest
360,524
183,361
263,463
261,675
163,441
All Other Revenue
398,820
337,730
518,413
376,600
380,600
Transfers In
440,360
1,409,997
1,409,997
825,450
570,375
Total Revenues 5,382,701 7,555,463 7,951,748 6,023,600 6,074,291
EXPENSES:
Community Owned Utilities
1,946,604
2,177,828
2,177,827
2,153,576
2,386,302
Capital Projects
3,832,019
6,757,325
1,476,787
7,930,000
1,699,000
Debt Payments
575,943
792,472
792,472
1,118,916
1,130,389
Transfers Out
261,054
270,725
276,800
286,300
858,600
Total Expenses
6,615,620
9,998,350
4,723,886
11,488,792
6,074,291
Ending Working Capital
RESERVATIONS:
Contingency
Service Improvements
Other
3,112,330 550,000 6,340,192
525,000 550,000 550,000
473,720
875,000 875,000
875,000 875,000
Available Working Capital 2,113,610 0 5,790,192 0 0
FINANCIAL SUMMARY
52 ANNUAL OPERATING PLAN ELEMENT 2000/01
SIP & (
Fee!
6%
Interest
2%
Revenues 2000/01
Other
Transfers 3%
70i
48%
astewater
iervices
35%
Expenses 2000/01
Debt Transfers
Payments 2%
I no/ Operating
Capital
Projects
69%
Fund Description:
The Wastewater Fund is used to account for the revenues from all operating and maintenance activities of
the utility and the expenses of the Utility Contracts, Wastewater Collection and Wastewater Treatment
Facilities departments which support those activities. Wastewater expenses include operations, payment
to a private contractor to operate the City's three treatment plants, debt payments, capital projects and
transfers out to other funds as directed by the City Council.
Capital Recovery Fees and Service Improvement Fees are dedicated to capital improvement projects.
Significant Issues/Comments:
=> Capital projects are funded through operating revenues, capital recovery fees and debt when needed.
In 2000/01, $925,000 of operating revenue and $825,450 of Special Improvement Fees transferred from
the Water Fund are used for Capital Improvements.
=> The City will construct the Pecan Branch Wastewater Treatment Plant in 2000/01, which will increase
the City's treatment capacity by 1.5 million gallons per day. The plant is scheduled to open in Spring 2003.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
53
Water Puna.
99/00
00/01
01/02
98/99 99/00 Projected
Adopted
Projected
Actual Budget Actual
Budget
Budget
1,368,000
410,435
268,125
Beginning Working Capital 4,605,364 5,084,873 5,573,652
4,099,191
2,330,000
REVENUES:
Water Services
Bond Proceeds
Capital Recovery Fees
Special Improvement Fees
Interest
Grants
All Other Revenue
Transfers In
Total Revenues
EXPENSES:
Community Owned Utilities
Capital Projects
Debt Payments
Transfers Out
6,386,530
6,375,000
6,790,400
6,715,000
7,298,000
1,500,000
1,400,000
1,400,000
2,315,730
1,368,000
410,435
268,125
415,000
268,125
268,125
631,548
945,780
747,180
798,045
798,045
273,132
197,130
286,810
203,048
203,375
18,594
147,450
467,726
407,100
654,253
433,190
484,877
18,164
2,759
2,759
9,706,129 9,595,894 10,296,402 8,564,858 9,052,422
2,689,523
3,686,453
3,455,180
4,294,252
4,210,327
3,733,660
4,861,273
4,588,012.
2,315,730
1,368,000
679,228
934,421
934,421
1,310,217
1,322,745
2,212,646
2,773,620
2,793,250
2,413,850
1,916,275
Total Expenses 9,315,057 12,255,767 11,770,863 10,334,049 8,817,347
Ending Working Capital 4,996,436 2,425,000 4,099,191 2,330,000 2,565,075
RESERVATIONS:
Contingency 1,665,000 2,025,000 2,025,000 1,700,000 1,700,000
Other
Conservation Rate 430,000 150,000 150,000 310,000 470,000
Service Improvements 547,498 250,000 320,000 395,075
Available Working Capital 2,353,938 0 1,924,191 0 0
FINANCIAL SUMMARY
54 ANNUAL OPERATING PLAN ELEMENT 2000/01
Revenues 2000/01 Expenses 2000/01
Interest Other
SIP & CR 2% 4%
I
Fund
Balance
19%
Fund. Description:
T --f-
2
Debt
Payment;
Nater 13%
ervices
65%
Capital
Projects
22%
Operating
42%
The Water Fund is used to account for the revenues from all operating and maintenance activities of the
utility and expenses of the Utility Contracts, Water Distribution and Water Treatment Facilities departments
which support those activities. Water expenses include operations, payment to a private contractor to
operate the City's four treatment plants, debt payments, capital projects and transfers out to other funds
as directed by the City Council.
Capital recovery fees, special improvement fees and revenues from summer conservation rates are
dedicated to capital improvement projects.
Significant Issues/Comments:
- => The City will invest over $300,000 in a new integrated computer software system to improve customer
to improve customer billing, financial reporting and human resource management.
=> Capital projects are funded through operating revenues, capital recovery fees and debt when
needed. In 2000101, $950,000 of operating revenue is used for capital projects.
- => Water Transfers Out include $325,450 of Del Webb Service Improvement Fees moved to the Wastewater
Fund to pay for the Pecan Branch Wastewater Interceptor.
=> The City opened the Southside Microfiltration Plant in July 2000, increasing operational costs.
FINANCIAL SUMMARY
---. ANNUAL OPERATING PLAN ELEMENT 2000/01 55
Airport Fund.
99/00
00/01
01/02
98/99 99/00 Projected
Adopted
Projected
Actual Budget Actual
Budget
Budget
345,000
412,921
412,921
Beginning Working Capital 256,832 447,908 504,832
272,954
293,832
REVENUES:
Fuel & Terminal Sales
548,352
555,000
875,000
973,180
933,180
Leases & Rents
175,761
429,000
345,000
412,921
412,921
Bond Proceeds
1,775,000
520,000
1,007,635
1,117,580
1,052,580
Interest
22,925
19,171
42,871
34,009
9,009
All Other Revenue
36,487
222,500
38,517
139,500
27,000
Transfers In
1,412
1.412
Total Expenses
2,310,525
Total Revenues
2,558,525
1,747,083
1,302,800
1,559,610
1,382,110
EXPENSES:
Community Services
625,034
1,009,823
1,007,635
1,117,580
1,052,580
Capital Projects
1,608,389
852,653
354,607
246,000
10,000
Debt Payments
77,102
182,515
172,436
175,152
195,230
Total Expenses
2,310,525
2,044,991
1,534,678
1,538,732
1,257,810
Ending Working Capital
504,832
150,000
272,954
293,832
418,132
RESERVATIONS.
Contingency
Other
150,000 150,000 150,000 150,000
Capital Projects 122,954 143,832 268,132
Available Working Capital 504,832 0 0 0 0
Puna. Description:
The Airport Fund is used to account for revenues and expenses related to the operation and maintenance
of the Georgetown Municipal Airport.
Significant Issues/Comments:
=> Revenues are derived from fuel sales to private aircraft, hangar leases, sales taxes generated from
businesses located at the airport, and property taxes levied against privately held airport property.
=> Projects for a new terminal building and runway rehabilitation, which are assisted by grant funding,
are scheduled for completion during 2000/01.
=> The Airport Fund will contribute $25,000 as matching funds for a Federal Aviation Administration noise
study to determine the effect of increased traffic at the airport on the surrounding neighborhoods.
FINANCIAL SUMMARY
56 ANNUAL OPERATING PLAN ELEMENT 2000/01
Sanitation Fund.
99/00
00/01
01102
98199 99/00 Projected
Adopted
Projected
Actual Budget Actual
Budget
Budget
34,050
35,750
Beginning Working Capital 35,094 55,026 67,706
57,579
50,000
REVENUES:
Sanitation Services
1,909,983
2,023,385
2,071,000
2,538,000
2,634,700
All Other Revenue
30,772
29,001
34,050
35,750
37,500
Transfers In
1,112
4,527
4,527
Total Revenues
1,941,867
2,056,913
2,109,577
2,573,750
2,672,200
EXPENSES:
Community Services
1,795,451
1,938,599
1,993,404
2,438,879
2,523,850
Transfers Out
113,804
123,340
126,300
142,450
148,350
Total Expenses
1,909,255
2,061,939
2,119,704
2,581,329
2,672,200
Available Working Capital
67,706
50,000
57,579
50,000
50,000
RESERVATIONS.
Contingency 501*000 50,000 50,000 50,000
Other
Available Fund Balance 67,706 0 7,579 0 0
Fund. Description:
` The Sanitation Fund is used to account for revenues from all operating and maintenance activities of the
utility and the expenses of the departments which support those activities. Sanitation includes operating
costs for the Collection Station and Utility Contracts departments, as well as payments to the City's private
` contractor for solid waste disposal services.
Significant Issues/Comments:
=> Increased cost of service by the contractor will result in a $0.90 rate increase effective in December 2000.
=> This fund became self-supporting in 1998/99.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 57
Stormwater Drainage Fund.
99/00
00101
01102
98/99 99/00 Projected
Adopted
Projected
Actual Budget Actual
Budget
Budget
Beginning Working Capital 1,665,819 1,138,640 1,150,439
644,850
65,000
REVENUES:
Stormwater Fees 616,213 655,000 668,900 715,778 736,318
Bond Proceeds
Interest
77,858
14,772
48,987
1,800
1,800
All Other Revenue
8,930
10,955
10,955
11,550
12,050
Transfers In
19,563
3,158
3,158
25,000
Total Revenues
722,564
683,885
732,000
729,128
775,168
EXPENSES:
Community Owned Utilities
360,967
437,315
423,239
475,106
475,606
Capital Projects
549,426
1,087,200
580,500
542,212
Debt Payments
170,367
193,050
193,050
193,110
254,662
Transfers Out
157,184
39,960
40,800
98,550
44,900
Total Expenses
1,237,944
1,757,525
1,237,589
1,308,978
775,168
Ending Working Capital
1,150,439
65,000
644,850
65,000
65,000
RESERVATIONS:
Contingency 50,000
Other
65,000 65,000
65,000 65,000
Available Working Capital 1,100,439 0 579,850 0 0
Punct. Description:
The Stormwater Drainage Fund is used to account for the operations and maintenance of the City's
drainage system. Stormwater drainage expenses also include debt payments for capital improvements.
Significant Issues/Comments:
=> Existing fees currently fund operations and existing debt service.
=> Additional capital and infrastructure improvements will require additional future rate increases.
FINANCIAL SUMMARY
58 ANNUAL OPERATING PLAN ELEMENT 2000/0I
General Capital
Projects Funds -
summary 2000/01
Facilities,
Streets
General
Parks &
Capital
Capital Projects
Public Safety
Projects
Total
Beginning Fund Balance
3,359,193
1,614,324
4,973,517
REVENUES:
Bond Proceeds
490,000
640,000
1,130,000
Interest
80,000
105,051
185,051
Service Improvement Fees
300,625
300,625
Interfund Transfers
80,000
715,000
795,000
Total Revenues
650,000
1,760,676
2,410,676
EXPENDITURES:
Capital Projects 4,009,193 3,375,000 7,384,193
Total Expenditures 4,009,193 3,375,000 7,384,193
Ending Fund Balance 0 0 0
Fund Description:
Capital projects funds are used to account for the acquisition and construction of major capital facilities other than
those financed by Special Revenue and Enterprise Funds (i.e., utilities and airport ).
Facilities, Parks & Public Safety Capital Projects Fund
Includes funds for the implementation of the City's facilities construction plan, park projects and public safety
related projects. The River Corridors Hike 'N Bike Trail construction is reflected in a special revenue fund, as
it is partially grant funded.
Public Safety Construction Fund
The completion of Fire Station No. 4 and the Public Safety Facility are included for 2000101.
Streets Capital Projects Fund
Includes revenues from transportation improvements fee received as part of the City's development agreement
with Del Webb Corp. for Sun City Georgetown. Transfers are from available balances in the Streets Special
Revenue Fund. Projects to be constructed are included in the City's five-year capital improvement program
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01
59
Special Revenue Funds - Summary 2000/01
Beginning Ending
Fund Fund
Fund Division/Section Balance Revenues Expenditures Balance
Cemetery Fund
Parks & Recreation 7,300 43,900 51,200
0
Convention & Visitors Bureau
Economic Development 70,178 337,378 350,556
57,000
Court Fee Fund
Finance & Administration 0 20,000 20,000
0
Drug Prevention Grant
Parks & Recreation 4,650 10,184 14,834
0
Economic Development Grant
CIP 0 650,000 650,000
0
- (Rivery)
Georgetown Village Public
Improvement District Fund
Parks & Recreation 0 29,500 29,500
0
Library Donations
Community Services 33,544 21,100 54,644
0
Main Street Facade Fund
Community Services 0 1,200 1,200
0
Mapping Fund
Information Resources 9,867 3,500 13,367
0
Parks Restricted
Parks & Recreation 116,862 64,388 181,250
0
Police Restricted
Police Services 24,973 149,591 174,564
0
Recreation Programs
Parks & Recreation 74,385 735,229 759,614
50,000
Streets
Community Owned utilities 386,674 2,028,547 2,262,221
153,000
Total Special Revenue Funds
728,433 4,094,517 4,562,950
260,000
Fund Description:
_> Special revenue funds (SRF's) are used to account for specific revenues that are legally
restricted for
expenditures for particular purposes. The City uses these funds to track revenues and expenditures for
the following:
_>
Grants
+' .
_>
Hotel/Motel taxes
_>
Main Street facade contributions
_>
Parkland dedication fees
_>
Recreation programs
_>
Streets
_> Each fund is treated as a separate department of the activity or department it falls under.
For example, the Library Donations SRF is considered a department under the purview
of the Public Library Director, in the Community Services division
_> Individual fund and program information is included following the administering department.
FINANCIAL SUMMARY
60
ANNUAL OPERATING PLAN ELEMENT 2000/01
Internal Service
Funds -
summary 2000/01
1,122,959
4,708,029
7,870,042
Facilities
Fleet Information
Joint
Internal
0
Maintenance
Management Services
Services
Service Funds
7.00
Fund
Fund Fund
Fund
Total
Beginning Working Capital
2,140
37,880 6,626
310,336
356,982
REVENUES:
Charges for Services 543,813 1,339,166 940,710 3,741,476 6,565,165
Interest & Other 8,000 53,055 40,623 30,217 131,895
Interfund Transfers 55,000 135,000 626,000 816,000
Total Revenues 606,813 1,392,221 1,116,333 4,397,693 7,513,060
EXPENSES:
Community Owned Utilities 983,422 983,422
Finance & Administration 608,953 1,110,101 1,582,099 3,301,153
Information Resources 1,122,959 1,122,959
Management Services 2,142,508 2,142,508
Interfund Transfers 320,000 320,000
Total Expenses
608,953
1,430,101
1,122,959
4,708,029
7,870,042
Ending Working Capital
0
0
0
0
0
Employees - Full Time Equivalent
1.00
4.00
7.00
51.00
63.00
Fund Description:
Facilities Maintenance Fund
Provides janitorial services, light maintenance, equipment repair and replacement (copiers, HVAC, etc.), landscape
maintenance, building repair and replacement (roofs, painting, carpet) on an established schedule. Charges for
services to each department are made based on predetermined lease fees.
Fleet Management Fund
Provides vehicles, vehicle equipment and communications equipment to all using City departments, as well as
maintenance of all vehicles. Charges for services are based on annualized replacement and maintenance costs of
each vehicle.
Information Services Fund
Provides computer hardware, software, training, and staff support. Charges for services are based on hardware and
software requirements for each department.
Joint Services Fund
Composed of departments providing administrative services to City funds and departments. COU Administration,
Pump Maintenance, Systems Engineering and Utility Office provide support to the City's utility funds. Administrative
departments, including Accounting, Employee and Organizational Services, Finance Administration, Legal Services,
Purchasing and Properties and Safety Services provide support to all City funds and departments.
FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01 61
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62
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FINANCIAL SUMMARY
ANNUAL OPERATING PLAN ELEMENT 2000/01