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Home My WebLink About07 Other Enterprise Funds 2017 FY2017 Annual Budget OTHER ENTERPRISE FUNDS P512 at Air Fest 117 FY2017 Annual Budget OTHER ENTERPRISE FUNDS Airport Fund Summary.............................119 Airport Operations ...................................122 Stormwater Drainage Fund Summary .....124 Stormwater Drainage ...............................126 NEW POSITIONS FY2017 Airport Maintenance Worker.......................1 TOTAL NEW POSITIONS FY2017 .........................1 118 FY2017 Annual Budget AIRPORT FUND SUMMARY The Airport Fund is designed to be a self supporting enterprise funded through user charges.Over the past several years the fund’s expenses have outpaced revenues resulting in a drawdown of fund balance. In order to make this fund self supporting,airport operations and financial conditions have been carefully evaluated. An operations audit was conducted to determine options to increase revenues.In the past two years,several steps have been taken to find solutions for the fund.These steps have included the evaluation and implementation of new lease rates and the increase of fuel margins. FISCAL YEAR 2016 are projected to be $2,809,231,29.07%less than the current budget.Lower than expected revenue is primarily a result of volatility in the fuel market.Non operating revenue is projected to end the fiscal year at $50,000. are projected to be $3,557,700,18.9%less than the current budget.The decrease in expenses is directly tied to the cost of fuel purchased for resale.Non operating expenses,including funds for capital construction and debt service payments are projected to end the fiscal year at $1,007,592. is projected to be $43,849 as of September 30,2016.In the current fiscal year the contingency requirements of the fund are being covered by citywide contingency. FISCAL YEAR 2017 total $3,589,993.Overall,revenues are projected to increase by 27.79%relative to the FY2016 projection.This increase in revenue is driven by expected increases in fuel prices and ground lease reversions.The chart to the right identifies operating revenue by source. Non operating revenues total $35,000 from a Texas Department of Transportation grant. total $3,511,563,a decrease of 1.3% relative to the FY2016 projection.The decrease in expenses is due to major capital projects in FY2016 totaling $877,935.There are no major capital projects in FY2017. Fuel expenses are expected to increase by $600,000 with the recovery of the oil market over the next 18 months. The chart to the right gives a breakdown of operating expenses. total $48,726 for a new Maintenance Worker.This employee will fulfill maintenance and landscaping duties,and will reduce contract expenses for maintenance work. is budgeted to be $122,279 as of September 30,2017,which will be used as the fund’s contingency reserve. 76% 22%2% Operating Revenues Fuel and Ter. Sales Leases and Rentals All Other Rev. and Int. 68% 31% 1% Operating Expenses Fuel Transp. Trans.Out 119 FY2017 Annual Budget AIRPORT FUND INCOME STATEMENT FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Beginning Fund Balance 82,210 748,167 792,318 43,849 43,849 Revenues FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Operating Revenues Fuel and Terminal Sales 1,972,787 2,876,150 1,988,444 2,720,928 2,720,928 Leases and Rentals 607,861 657,400 707,049 767,990 767,990 All Other Revenue 50,559 67,000 62,188 64,475 64,475 Interest 208 400 1,550 1,600 1,600 Transfer In Total Operating Revenues 2,631,415 3,600,950 2,759,231 3,554,993 3,554,993 Expenses FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base F Y2017 Changes FY2017 Budget Operating Expenditures Fuel 1,652,491 2,448,882 1,549,525 2,296,928 2,296,928 Transportation 1,028,435 966,150 985,503 997,141 48,726 1,045,867 Transfer Out 3,463 15,080 15,080 25,000 25,000 Total Operating Expenditures 2,684,389 3,430,112 2,550,108 3,319,069 48,726 3,367,795 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Available Fund BalanceOperating 29,235 919,005 1,001,441 279,773 (48,726)231,047 Revenues FY2015 Ac tual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Non Operating Revenues Bond Proceeds 865,000 Grants 40,918 25,000 50,000 35,000 35,000 Total Non Operating Revenues 905,918 25,000 50,000 35,000 35,000 Expenses FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Non Operating Expenditures Capital Project 12,124 877,935 867,935 Debt Service 172,204 80,222 139,657 143,768 143,768 Total Non Operating Expenditures 184,328 958,157 1,007,592 143,768 143,768 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Ending Fund Balance 750,824 (14,152)43,849 171,005 (48,726)122,279 CAFR Adjustment 41,494 Contingency 199,358 122,279 122,279 Restricted Bond Proceeds 852,876 Available Fund Balance (259,916)(14,152)43,849 48,726 (48,726)(0) 120 FY2017 Annual Budget 121 FY2017 Annual Budget AIRPORT MAJOR DEPARTMENT GOALS &STRATEGIES FOR FY2017 Construction of $7.9M Airport Improvement Project o New parallel Taxiway A o Above ground fuel storage facility o Pavement maintenance on existing taxiways and aprons o Obstruction clearing at both ends of Runway 11/29 o Drainage improvements Removal of existing underground fuel storage tanks at Airport Update to Airport Master Plan Update to Airport Rules and Regulations and Minimum Standards Roof repairs to City owned hangar leased to Central Texas Avionics Installation of electronic gate opener at City owned ASM Hangar Addition of a full time Airport Maintenance Staff Member Electrical upgrade to Hangars I &J Notable Budget Item(s) Wastewater Plant O&M (8.5 FTE’s) AIRPORT FUND AIRPORT 5.5 FTES MAJOR DEPARTMENT ACCOMPLISHMENTS FOR FY2016 Increase in operations of 21%over FY2015 Gain in fuel sales of 19%over FY2015 Pavement crack sealing maintenance on runway 18/36 and 11/29 Converted two reverting land leases to City managed facility leases Electrical upgrades to Central Texas Avionics Hangar Replaced electrical service at ASM Hangar and door weather stripping on Hangars D 1,E,F,and G Demolition of old Civil Air Patrol Facility Upgraded weather broadcasting equipment in control tower Conducted in conjunction with Federal Aviation Administration Airport Security and Safety Orientation Classes for Georgetown Police Dept. Conducted Airport Orientation Classes for Georgetown Fire Dept. Implemented a Quarterly Inspection and Maintenance Program for electronic access gates and runway precession approach path indicator system. Painted Airport terminal,main lobby,conference room,and hallways and stairwells of Air Traffic Control Tower DEPARTMENT DESCRIPTION The City of Georgetown Municipal Airport provides general aviation services to the public.The Airport staff is responsible for the day to day operations and maintenance, which include the management of fuel sales concessions,leases for City owned facilities,and ground maintenance.The Airport provides 24 hour operation of a 5,000 foot main runway,related taxiways, ramps,and navigational aids.The City also supports an Air Traffic Control Tower,with staffing provided by the Federal Aviation Administration (FAA).The Airport must always be in compliance with state and federal rules and regulations.In addition,the Airport staff provides support to the Georgetown Transportation Advisory Board and the City Council. Notable Budget Item(s) Airport Maintenance Worker 122 FY2017 Annual Budget DEPARTMENTAL BUDGET DEPARTMENTAL PERFORMANCE MEASURES The Airport fund is designed to be a self supporting enterprise funded by user charges.Presently,fuel sales constitute 75.79%of total revenue making fuel sales a key performance indicator.The Airport sells both Jet A and AV Gas fuel.Since a significant majority of revenue comes from fuel sales,Airport staff along with the Finance Department,monitors fuel prices at surrounding airports to ensure the Georgetown Municipal Airport stays competitive within the region. FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base Budget FY2017 Changes FY2017 Budget 0636Airport Personnel 350,099 321,471 317,632 340,055 48,726 388,781 O&M 2,334,290 3,108,641 2,226,396 2,979,014 2,979,014 Capital 12,124 877,935 874,015 Debt Service 172,204 80,222 139,657 143,768 143,768 Total Departmental Budget 2,868,718 4,388,269 3,557,700 3,462,837 48,726 3,511,563 123 FY2017 Annual Budget STORMWATER DRAINAGE FUND SUMMARY The Stormwater Drainage Fund is used to account for all operating and maintenance activities in the City’s drainage system and the debt payments for bonds issued for capital improvement. FISCAL YEAR 2016 are projected to be $3,933,564,1.1%less than the current budget.The Stormwater fee is a monthly charge billed based on a calculation of impervious cover of the property and the rate per unit.The current fee is $6.50 per unit.This fee was adjusted in 2016 to address the Municipal Separate Storm Sewer System (MS4) requirements of the Texas Commission on Environmental Quality (TCEQ). are projected to be $4,091,886,3%less than the current budget. is projected to be $1,553,981 as of September 30,2016.Included in the balance is a contingency Reserve of $250,000 and $500,000 reserved for capital.A remaining fund balance of $803,981 is available to fund non recurring expenditures in FY2017. FISCAL YEAR 2017 total $3,337,900.Overall,revenues are projected to decrease by 15%.The decrease is because the fund is drawing down fund balance and not receiving bond proceeds to fund CIP.The chart to the right identifies Stormwater Drainage revenues by source. total $4,350,590,which represents an increase of 6.5%over FY2016 projection.Capital Improvement Projects total $976,000 in FY2017. total $404,550,which include a Vac Truck,an increase to maintenance of equipment,and an increase to maintenance of utilities. 99% 1% Operating Revenue Stormwater Fees Other Revenue and Inter. 28% 62% 10% Operating Expenses Personnel Operations Transfer Out 124 FY2017 Annual Budget STORMWATER DRAINAGE FUND INCOME STATEMENT FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Beginning Fund Balance 640,026 1,013,361 1,712,303 1,554,508 1,554,508 Revenues FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Operating Revenues Stormwater Fees 2,622,455 3,237,620 3,184,742 3,307,950 3,307,950 Other Revenue 16,490 17,000 25,500 26,600 26,600 Interest 2,549 2,000 3,322 3,350 3,350 Transfer In Total Operating Revenues 2,641,494 3,256,620 3,213,564 3,337,900 3,337,900 Expenses FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Operating Expenditures Personnel 421,832 617,507 557,187 659,339 659,339 Operations 1,369,707 1,510,856 1,446,234 1,492,827 53,550 1,546,377 Capital Improvement Transfer Out 250,013 282,304 278,144 231,557 351,000 582,557 Total Operating Expendutitures 2,041,552 2,410,667 2,281,565 2,383,723 404,550 2,788,273 FY2015 Actual FY2016 Budget FY2016 Projection FY2017 Base FY2017 Changes FY2017 Budget Available Fund BalanceOperating 1,239,968 1,859,314 2,644,302 2,508,685 (404,550)2,104,135 Revenues FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Non Operating Revenues Bond Proceeds 2,205,000 495,000 495,000 Grant Revenue 225,000 225,000 Total Non Operating Revenues 2,205,000 720,000 720,000 Expenses FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Non Operating Expenditures Bond Issue Cost 31,183 5,500 5,500 5,500 5,500 Capital Improvement 1,417,493 1,209,000 1,209,000 976,000 976,000 Debt Payment 421,698 595,294 595,294 580,817 580,817 Debt ServiceNew Total Non Operating Expenditures 1,870,374 1,809,794 1,809,794 1,562,317 1,562,317 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Ending Fund Balance 1,574,594 769,520 1,554,508 946,368 (404,550)541,818 CAFR Adjustment 137,709 Contingency 150,000 250,000 250,000 250,000 250,000 Reserved for Capital 550,000 500,000 500,000 Available Fund Balance 1,012,303 19,520 804,508 696,368 (404,550)291,818 125 FY2017 Annual Budget STORMWATER DRAINAGE MAJOR DEPARTMENT GOALS &STRATEGIES FOR FY2017 Enhance public safety by reducing the threat of property damage and personal injury through proper maintenance and operation of the City’s drainage system Improve the cleanliness and appearance of the community through the sweeping of City streets. Implement all required aspects of the ongoing Stormwater Maintenance Program that meet federal requirements (Pollution Prevention Plan) Maintain curb and gutter replacement program. Incorporate the Regional Stormwater Master Plan (RSMP)by constructing detention ponds and upgrading waterways within the City. Continue watershed planning updates utilizing the Texas Water Development Board grant program Finalize stormwater education material to be used for MS4 permit requirement Install drainage improvements at 20th and Church Street and at railroad tracks on College and 19½Streets Improve drainage system to alleviate flooding risk west of Hutto Road between 15th Street and 19th Street Notable Budget Item(s) Wastewater Plant O&M (8.5 FTE’s) STORMWATER FUND STORMWATER DRAINAGE 9.5 FTES MAJOR DEPARTMENT ACCOMPLISHMENTS FOR FY2016 Completed: o Brush and vegetation removal from Smith Branch following home buy outs to further mitigate risk of future flooding o Initial implementation of Storm Water assets into the Enterprise Asset Management and Work Order Management System o Citizen survey of stormwater awareness for residents living on the San Gabriel Middle Fork Worked to install Best Management Practices at the transfer station and landfill to meet permit compliance Collaborated with System Engineering to identify and map over 400 drainage assets on the Middle Fork of the Gabriel River Replaced 3 miles of failing stand up curbs with curb and gutter Assisted Parks and Recreation with the design and construction of protective erosion control for the San Gabriel River and Parkland DEPARTMENT DESCRIPTION The Stormwater Drainage Utility addresses environmental concerns related to in stream water quality, regulatory demands due to stormwater run off controls, infrastructure operation and maintenance,and drainage/flood control capital project needs.Other duties include sign marking and signal maintenance for the Street Department and assisting Police and Fire Services on Code Enforcement issues. Notable Budget Item(s) Vac Truck $395,550 Increase in Maintenance and Operations $9,000 126 FY2017 Annual Budget DEPARTMENTAL BUDGET DEPARTMENTAL PERFORMANCE MEASURES Stormwater runoff occurs when precipitation flows over the land surface. The addition of roads,driveways,parking lots,rooftops,and other surfaces that prevent water from soaking into the ground to the landscape greatly increases the runoff volume created during storms. The runoff is carried into local streams, lakes,and rivers and can cause flooding and erosion.Additionally,stormwater runoff also picks up and carries many different pollutants that are found on paved surfaces.Thus,the Department closely monitors the number of Cubic Yards of Debris prevented from entering the waterways as a way to ensure high water quality.Street sweeping,curb installation, and pond maintenance are all key programs administered by the Stormwater Department to help in this effort.From October 2015 through September 2016,the Sormwater Department has removed 125 tons of debris from City streets through Street Sweeping Operations. FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base Budget FY2017 Changes FY2017 Budget 0845 Stormwater Personnel 421,832 617,507 557,187 659,339 659,339 O&M 1,619,720 1,793,160 1,724,378 1,724,384 404,550 2,128,934 Capital 1,417,493 1,209,000 1,209,000 976,000 976,000 Debt Service 452,881 600,794 600,794 586,317 586,317 Total Departmental Budget 3,911,926 4,220,461 4,091,359 3,946,040 404,550 4,350,590 127 FY2017 Annual Budget THIS PAGE INTENTIONALLY LEFT BLANK. 128