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Fiscal Year 2017-2018Annual Program of Services Town of Trophy Club 2017-2018 2 Annual Program of Services- 2018 Annual Program of Services 3Annual Program of Services- 2018 Table of Contents INTRODUCTION COUNCIL VOTE & TAX RATE ...................................................................................................................................................5 KEY OFFICIALS .........................................................................................................................................................................6 BUDGET AWARD .......................................................................................................................................................................7 PREPARED BY ...........................................................................................................................................................................8 READER’S GUIDE ....................................................................................................................................................................9 BUDGET CALENDAR ...............................................................................................................................................................13 MANAGER’S MESSAGE ...........................................................................................................................................................14 STRATEGIC PLANNING STRATEGY MAP .......................................................................................................................................................................19 GENERAL FUND FIVE-YEAR FORECAST ............................................................................................................................20 FISCAL YEAR 2018 STRATEGIC PLAN ...................................................................................................................................21 ORGANIZATION ORGANIZATIONAL CHART ...................................................................................................................................................23 FULL-TIME EQUIVALENT (FTE) SUMMARY ......................................................................................................................24 TAX RATE TAX RATE CALCULATION .....................................................................................................................................................26 TAXABLE VALUES, RATES, AND RATIOS .............................................................................................................................27 BUDGET IN BRIEF BUDGET IN BRIEF ..................................................................................................................................................................29 ALL FUNDS SUMMARY ALL FUNDS SUMMARY FISCAL YEAR 2018 ........................................................................................................................38 ALL FUNDS SUMMARY (THREE-YEAR) ..............................................................................................................................40 SUPPLEMENTAL AND CAPITAL REPLACEMENT SUPPLEMENTAL ITEMS FY18 ...............................................................................................................................................43 CAPITAL & EQUIPMENT REPLACEMENT FY18 ..................................................................................................................46 THE GENERAL FUND GENERAL FUND .....................................................................................................................................................................48 MANAGER’S OFFICE ...............................................................................................................................................................55 LEGAL ......................................................................................................................................................................................58 POLICE ......................................................................................................................................................................................61 EMERGENCY MEDICAL SERVICES & FIRE .........................................................................................................................65 STREETS ...................................................................................................................................................................................71 4 Annual Program of Services- 2018 PARKS........................................................................................................................................................................................74 MEDIANS .................................................................................................................................................................................78 RECREATION ...........................................................................................................................................................................79 COMMUNITY EVENTS ...........................................................................................................................................................83 COMMUNITY DEVELOPMENT ..............................................................................................................................................84 PLANNING & ZONING ............................................................................................................................................................87 FINANCE ..................................................................................................................................................................................88 MUNICIPAL COURT ................................................................................................................................................................91 ADMINISTRATIVE SERVICES ...............................................................................................................................................93 INFORMATION SERVICES ......................................................................................................................................................97 FACILITY MAINTENANCE ...................................................................................................................................................100 OTHER MAJOR FUNDS CAPITAL PROJECTS FUND ...................................................................................................................................................102 DEBT SERVICE FUND ...........................................................................................................................................................104 SPECIAL REVENUE FUNDS COURT SECURITY FUND .......................................................................................................................................................111 COURT TECHNOLOGY FUND ...............................................................................................................................................112 CRIME CONTROL PREVENTION DISTRICT FUND ...........................................................................................................113 ECONOMIC DEVELOPMENT CORPORATION (EDC) 4B FUND .......................................................................................115 HOTEL OCCUPANCY TAX FUND .........................................................................................................................................117 STREET MAINTENANCE SALES TAX FUND.......................................................................................................................119 TAX INCREMENT REINVESTMENT ZONE (TIRZ) #1 FUND ............................................................................................121 RECREATION PROGRAM FUND ..........................................................................................................................................122 ANNIVERSARY FUND ...........................................................................................................................................................123 PROPRIETARY FUNDS TROPHY CLUB PARK FUND .................................................................................................................................................125 STORM DRAINAGE UTILITY FUND ....................................................................................................................................128 CAPITAL IMPROVEMENT PROGRAM CAPITAL IMPROVEMENT PROGRAM .................................................................................................................................133 SUPPLEMENTAL INFORMATION ABOUT THE TOWN OF TROPHY CLUB ..............................................................................................................................154 FINANCIAL POLICIES ...........................................................................................................................................................156 GLOSSARY ..............................................................................................................................................................................157 ACRONYMS .............................................................................................................................................................................162 Table of Contents 5Annual Program of Services- 2018 Council Vote & Tax Rate Municipal Tax Rate FY 18 Highlights This budget will raise more total property taxes than last year’s budget by $439,571, which is a 5.42% increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $255,850. $ 535,000 Average New Home Value 5.59% Growth in Existing Property Values 12,677 Estimated Town Population -4.56% Decrease in Property Tax Rate $0.451442 Per $100 of assessed valuation Tax Rate The Town Council voted on September 26, 2017 to adopt a tax rate the effective rate, which was lower than the rollback rate. This is the sixth consecutive year that the Town Council has lowered the property tax rate. Name Title For Against Nick Sanders Mayor X Rhylan Rowe Mayor Pro Tem X Alicia Fleury Council Member X Eric Jensen Council Member X Tim Kurtz Council Member X Greg Lamont Council Member X Philip Shoffner Council Member X 2016-2017 2017-2018 LAST YEAR CURRENT YEAR Rollback Tax Rate $0.490084/$100 $0.483602/$100 Effective Tax Rate $0.455562/$100 $0.451442/$100 Effective M&O Rate $0.345562/$100 $0.341442/$100 Interest & Sinking (I&S)$0.110000/$100 $0.110000/$100 Tax Supported Debt Service $1,878,696 $2,083,707 2016-2017 2017-2018 LAST YEAR CURRENT YEAR Maintenance & Operations (M&O)$ 0.363000/$100 $ 0.341442/$100 Interest & Sinking (I&S)$ 0.110000/$100 $ 0.110000/$100 Total Property Tax Rate $ 0.473000/$100 $ 0.451442/$100 6 Annual Program of Services- 2018 Key Officials Town Council Appointed Officials Town Manager Thomas M. Class, Sr. Town Attorney David Dodd Town Secretary Holly Fimbres Municipal Judge Honorable Mark Chambers Management Team Director of Administrative Services Jonathan Phillips Director of Community Development Tommy Uzee Director of Finance Amber Karkauskas Director of Parks & Recreation Tony Jaramillo Fire Chief Wade Carroll Police Chief Patrick Arata Nick Sanders Mayor Tim Kurtz Place 4 Greg Lamont Place 5 Philip Shoffner Place 6 Rhylan Rowe Mayor Pro Tem, Place 3 Alicia Fleury Place 1 Eric Jensen Place 2 7Annual Program of Services- 2018 THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF THE UNITED STATES AND CANADA (GFOA) HAS PRESENTED A DISTINGUISHED BUDGET PRESENTATION AWARD TO THE TOWN OF TROPHY CLUB FOR THE ANNUAL BUDGET BEGINNING OCTOBER 01, 2016. IN ORDER TO RECEIVE THIS AWARD A GOVERNMENTAL UNIT MUST PUBLISH A BUDGET DOCUMENT THAT MEETS PROGRAM CRITERIA AS A POLICY DOCUMENT, AS AN OPERATIONS GUIDE, AS A FINANCIAL PLAN, AND AS A COMMUNICATIONS DEVICE. THIS AWARD IS VALID FOR A PERIOD OF ONE YEAR ONLY. WE BELIEVE OUR CURRENT BUDGET CONTINUES TO CONFORM TO PROGRAM REQUIREMENTS AND WE ARE SUBMITTING IT TO GFOA TO DETERMINE ITS ELIGIBILITY FOR ANOTHER AWARD. 8 Annual Program of Services- 2018 Prepared by: April Duvall, CGFO Teri Whitley Amber Karkauskas, MSA John Zagurski, MPA, CGFO Chief Financial Analyst Staff Accountant Director of Finance Budget Manager April Duvall has over ten years of local government finance experience, and she has served the Town of Trophy Club for six years. April holds the distinction of a Certified Government Finance Officer awarded to her by the Government Finance Officers Association of Texas in 2016. Teri Whitley has nineteen years of government experience working for the City of Fort Worth, the University of North Texas Health Science Center, and JPS/Acclaim Physician Group. She has served the Town of Trophy Club for under a year. Amber Karkauskas has a bachelor degree in Legal Studies from the University of Central Florida with honors and a Master of Accounting from Florida Atlantic University. She has over fifteen years of accounting experience. She has served the Town of Trophy Club for two years. John Zagurski has been with the Town of Trophy Club for four years. He holds a Master of Public Administration from the University of North Texas and a bachelor degree in Sociology with a focus in Criminology from the University of Central Arkansas with honors. John holds the distinction of a Certified Government Finance Officer awarded to him by the Government Finance Officers Association of Texas in 2014. 9Annual Program of Services- 2018 Readers Guide MAJOR BUDGET DOCUMENTS The Town of Trophy Club’s budget process includes the production of the following three key documents: the Manager’s Message, the Proposed Budget, and the Adopted Budget. It is important to understand the timing and purpose of these documents in order to fully understand the process itself. The Manager’s Message The Manager’s Message is submitted to Town Council as a part of the proposed budget. This report summarizes and identifies key issues with regard to revenues, expenditures, and programming for the coming year. The Proposed Budget Pursuant to the Town Charter, the proposed budget must be submitted to the Town Council in accordance with state law. This document represents a balanced version of departmental budget requests versus projected revenues. The proposed budget is a product of policy as expressed by the Town Council and is prepared by the Town Manager and the Finance Department. Department with help from the departments that generate revenues. Projections are based upon consultations with state and local agencies, trend analysis, anticipated changes in the local and regional economy, and discussions with directly associated staff members. Although revenue projections are prepared early in the budget process, the revenue analysis continues with departmental budget development and extends until the budget is adopted based upon any new information. Proposed Budget Analysis/Compilation Each department reviews and compiles a preliminary draft of their budget to present to the Budget Team, which is comprised of the Town Manager, Director of Finance, and the Budget Manager. During Budget Team discussions, the department director may be asked to answer questions from the entire group concerning their budget. Given revenue projections and baseline funding requirements, budget funding changes are made according to necessity and priority. A total recommended funding level is determined and weighed against available resources. The Adopted Budget The adopted budget represents a modified version of the proposed budget after public hearings and Town Council review throughout the summer. Any changes deemed necessary by Town Council to programming levels or revenue projections are reflected in the adopted budget. Revisions may also be made to reflect any updates to the budget. THE BUDGET PROCESS The Town of Trophy Club uses a program-based budgeting process. Each department budgets for the programs that have been appropriated in the preceding years budget. Each departments individual line items are examined thoroughly during the budget process to determine the appropriate level of funding needed to provide the service. Any funding request that represents new expenditures and programs must be submitted as a supplemental request. These supplemental requests may be items such as new equipment, personnel, or service level increases. Revenue Projections The budgeted revenue projections for fiscal year 2018 began early in the 2017 fiscal year. The projections were calculated by the Finance The Reader’s Guide provides an overview of the Town of Trophy Club’s budget process and budget documents. The Town of Trophy Club has prepared a budget designed to meet the highest standards of performance in municipal budgeting. This document provides a summary of all budgeted funds, including both revenue and expenditure summaries. Major budget documents, the budget process, and the organization of the budget itself are described below. 10 Annual Program of Services- 2018 Proposed Budget Development The Town Manager, in accordance with state law (Charter Section 9.02), shall prepare and submit to Town Council the annual budget for the next fiscal year. The Town Manager’s proposed budget should assume, for each fund, operating revenues and reserves that are equal to, or exceed, operating expenditures. The Town Manager’s budget message summarizes funding requirements, major changes in programs, and alternatives for funding. Capital Improvement Program The Town Manager shall prepare and submit to the Town Council a five (5) year capital improvement program no later than the first day of August each year. The capital program shall be revised and extended each year with regard to capital improvements still pending or in the process of construction or acquisition (Charter Section 9.08). Public Hearing/Budget Adoption A public hearing on the proposed budget and two public hearings on the tax rate (if required by Truth in Taxation laws) are held in August and September prior to final budget consideration. At the public hearings, citizens may make formal comments concerning the proposed budget. The public also has the opportunity to attend Town Council budget workshop sessions throughout the process. Budget adoption occurs in September after Town Council deliberations and public hearings. The Town Council adopts a tax rate to support adopted funding levels. Pursuant to the Town Charter, the budget in place for the preceding year shall remain in place on a month-to-month basis until such time as a new budget has been adopted if no Town Council action is taken before the end of the fiscal year, September 30. Compilation of Adopted Budget/ Budget Maintenance The adopted budget is compiled and published during the first months of the new fiscal year. The adopted budget in the form of an amended proposed budget is available for public inspection in October. General Ledger accounts are prepared for the new fiscal year prior to October 1. Budget maintenance is a year-round activity of divisions/departments and Finance Department presented component-units: the Economic Development Corporation 4B (EDC 4B) and the Tax Increment Reinvestment Zone #1 (TIRZ #1). The Town of Trophy Club’s primary government is financially accountable for the EDC 4B and the TIRZ #1. The Town presents the financial statements of the EDC 4B and TIRZ #1 discretely. Discrete presentation entails reporting component unit financial data in one or more columns separate from the financial data of the primary government. FUND DESCRIPTIONS Major Funds A major fund must make up at least 10% of the total expenditures, revenue, assets, or liabilities of that fund type and 5% of the total for all fund types. A government may also report a fund as major if it is of particular importance or interest to users. General Fund The primary operating fund of the Town, the General Fund contains the control and fiscal accounting for the Town’s general service operations such as administration, public safety, parks, etc. The General Fund’s major revenue sources are ad valorem taxes, sales taxes, licenses and permits, and franchise fees. Capital Projects Fund This fund is utilized for the acquisition and construction of major capital assets. The Capital Projects Fund was created to account for proceeds from the sale of general obligation bonds, certificates of obligation, tax or revenue notes, or operating funds set aside or reserved for such projects to be used for the costs associated with the acquisition or construction of major capital assets. Debt Service Fund This fund is used to record and control the accumulation of resources for payment of general long-term debt principal and interest. The Town issues debt to acquire or construct capital assets, such as roads or parks for the general benefit of Trophy Club citizens. Resources include an applicable portion of the ad valorem tax levy and related interest income usable from debt service. Grants Fund This fund accounts for any receipts and uses of grants the Town may receive throughout the fiscal year. NON-MAJOR FUNDS Special Revenue Funds are used to account for the receipt of specific revenue sources that are restricted for expenditures for a specified purpose. Included in the special revenue funds are: Hotel Occupancy Fund Funds from hotel occupancy taxes can be used to promote tourism and the hotel industry in Trophy Club. staff. Other spending control mechanisms include monthly review of expenditures by the Town Manager. During the budget process departments make revenue and expenditure estimates for the current year with the assistance of the Budget Team. Finally, program goals, objectives, and measures are evaluated during budget implementation to determine the effectiveness of program activities and levels of appropriate funding for subsequent years. FINANCIAL STRUCTURE The financial structure of the budget is organized by funds. A fund is generally defined as a fiscal and accounting entity which has its own self- balancing set of accounts for recording cash and other financial resources, as well as any liabilities or residual equities or balances. Normally, funds are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations; however, when appropriate, funds are comprised of departments. BUDGETED FUNDS The Town employs two types of funds: Governmental and Proprietary. The Town also has two component-units: the EDC 4B Fund and the TIRZ #1 Fund. GOVERNMENTAL FUNDS These funds are accounted for on a modified accrual basis. The specific funds which make up the Governmental Fund type are as follows: General Fund, Debt Service Fund, Capital Projects Fund, Grants Fund, and Special Revenue Funds which include: Court Security Fund, CCPD Fund, Anniversary Fund, Street Maintenance Sales Tax Fund, Hotel Occupancy Tax Fund, Court Technology Fund, and Recreation Program Fund. Each of the above-mentioned funds operates separately and independently from one another; therefore, they are budgeted separately and include separate financial statements. Each fund represents a specific function and maintains individual objectives. PROPRIETARY FUNDS These funds are used to account for “business- type” activities that are financed by the revenues generated from these activities. The Town of Trophy Club has two of these funds: the Storm Drainage Utility Fund and the Trophy Club Park Fund. Proprietary Funds are accounted for on the full accrual basis. COMPONENT UNITS These units are legally separate organizations for which the elected officials of the primary government are financially accountable. The Town of Trophy Club has two discretely Town Council Budget Workshop Sessions are held with Town Council to review and discuss the proposed budget. Discussions and studies may follow at subsequent work sessions up until the budget adoption. Town Council Budget Workshop 11Annual Program of Services- 2018 Street Maintenance Fund A 0.25% voter approved sales tax for which funds may be used to maintain the Town’s existing street system infrastructure. Crime Control Prevention District (CCPD) Fund A 0.25% voter approved sales tax for which funds may be used to finance activities related to crime control and prevention including, but not limited to, equipment, training, and programs. Court Security Fund This fund is used to provide security for the Trophy Club Municipal Court through a $3 fee per violation. Court Technology Fund This fund is used to purchase technology related items for the Trophy Club Municipal Court through a $4 fee per violation. Recreation Program Fund This fund was created to account for the revenues and expenditures associated with recreational programs within the Town of Trophy Club. Expenditures are expected to be matched with program revenues. PROPRIETARY FUNDS Trophy Club Park Fund Funded by user fees, this fund accounts for BASIS OF BUDGETING AND ACCOUNTING The budgetary and accounting policies of the Town, to include all documents prepared, conform to generally accepted accounting principles (GAAP). The General, Debt Service, Capital Projects, and Special Revenue Funds, except for discretely presented component-units, are prepared on the modified accrual basis of accounting. Under this basis of accounting, revenues are recognized when they become both “measurable” and “available” to finance expenditures of the current period. Expenditures are recognized when the related fund liability is incurred, except for: (1) inventories of material and supplies, which may be considered expenditures either when purchased or when used; (2) prepaid insurance and similar items, which need not be reported; (3) accumulated unpaid vacation, sick pay, and other employee benefit amounts that need not be recognized in the current period; (4) interest on special assessment indebtedness, which may be recorded when due rather than accrued, if approximately offset by interest earnings on special assessment levies; and (5) principal and interest on long-term debts that are generally recognized when due. Proprietary funds, which include the Drainage Utility and the Trophy Club Park funds, and revenue and expenses associated with servicing, maintaining, and improving park land the Town leases from the Army Corps of Engineers adjacent to Lake Grapevine. Storm Drainage Utility Fund Funded by a drainage fee collected from residents and businesses each month, this fund accounts for revenues and expenses associated with construction and maintenance of the Town’s storm drainage system. COMPONENT UNITS EDC 4B Fund Funded by a 0.50% voter approved sales tax, the Trophy Club Economic Development Corporation 4B is a discretely presented component unit that may be used to fund economic and community development. TIRZ #1 Fund This fund was created to aid development of the Trophy Wood District through the contribution of 60% of the Town’s real property increment, and 25% of the Towns $0.01 General Fund sales tax generated within the zone. Tarrant county also contributes 60% of the county’s real property increment. Hotel Occupancy Fund CCPD Fund Court Technology Fund Street Maintenance Fund Court Security Fund Recreation Program Fund Anniversary Fund General Fund Debt Service Fund Capital Projects Fund Storm Drainage Utility Fund EDC-4B Fund Special Revenue Funds Trophy Club Park Fund TIRZ #1 Fund Grants Fund Governmental Funds Proprietary Funds Component Units Chart of Funds by Type 12 Annual Program of Services- 2018 discretely presented component units, which include the EDC 4B and the TIRZ #1 funds, are prepared using the accrual basis of accounting. In accrual accounting, revenues are recognized when earned, regardless of when cash is received. Likewise, expenses are also recognized when incurred, not considering the actual cash flow. The measurement is thus focused on the flow of economic resources. ORGANIZATIONAL RELATIONSHIP A department is a major administrative segment of the Town, which indicates overall management responsibility for an operation or a group of related operations within a functional area (e.g., Police Department, Fire Department, Parks Department, and Recreation Department). The smallest organizational unit budgeted is the program. The program indicates responsibility for one functional area, and in many cases these functional areas are put together to demonstrate a broader scope of responsibility. When this is done, the programs are combined to make up a department. For example, the Parks Department is comprised of Parks general, Independence Park, Harmony Park, Lakeview Soccer Fields, and Medians & Common Areas. BUDGET ADMINISTRATION AND DEVELOPMENT The Town of Trophy Club’s policies set forth the basic framework for the fiscal management of the Town. These policies were developed within the parameters established by applicable provisions of the Texas Local Government Code and the Town of Trophy Club Charter. The policies are intended to assist the Town Council and Town Staff in evaluating current activities and proposals for future programs. BUDGET PERIOD Fiscal Year The fiscal year of the Town of Trophy Club “shall begin on the first (1st) day of each October and end on the last (30th) day of September of each calendar year. Such fiscal year shall also constitute the budget and accounting year” (Charter Section 9.01). BUDGET DEVELOPMENT Submission The Town Manager shall submit to the Council a proposed budget, accompanying message, and 5-year Capital Improvement Program. The Council shall review the proposed budget and of the Town Secretary and shall be available to the public for inspection upon request. Balance Budget Required The Town of Trophy Club will develop balanced budgets in which current resources (current revenues plus fund balance) will equal or exceed current expenditures. Funding of Current Expenditures with Current Resources The budget will assure that current expenditures are funded with current resources. Current operating expenditures will not be capitalized or funded through the use of long-term debt. REVENUE POLICIES Revenue Goal The Town will attempt to maintain a diversified and stable revenue stream to shelter it from short- run fluctuations in any one revenue source. Development of Revenue Projection The Town will estimate its annual revenues using an objective analytical process. The Town will project revenues for the next two years. Each existing and potential revenue source will be examined annually. Fund Balance Policy The Town implemented a fund balance policy, in conformity with GASB 54, to establish a key element of the financial stability by setting guidelines for fund balance. Unassigned fund balance is an important measure of economic stability. It is essential that the Town maintain adequate levels of unassigned fund balance to mitigate financial risk that can occur from unforeseen revenue fluctuations, unanticipated expenditures, and similar circumstances. The fund balance also provides cash flow liquidity for the Town’s general operations. The Town currently has an estimated FY17 ending fund balance of $4,115,087 or 42.68% of General Fund expenditures. The FY18 budget estimates an ending fund balance of $4,144,471 or 39.84% of General Fund expenditures. The Town goal is to maintain an unassigned fund balance of at least 30% of General Fund expenditures, which would equal $2,892,365 in FY17 and $3,120,752 in FY18. Town policy requires a minimum unassigned fund balance of 15% of General Fund expenditures, which would equal $1,446,183 in FY17 and $1,560,376 in FY18. revise it as deemed appropriate prior to general circulation for public hearing (Charter Section 9.04). Public Hearing on Budget The Council shall hold a public hearing on the budget and shall provide adequate public notice of such hearing, including publication of notice as required by State law. Truth in Taxation Budget development procedures will be in conformance with the State law outlined in the Truth in Taxation process. In the event of a tax increase, notices will be provided and required hearing(s) held in conformance to State law. Adoption The Council, by majority vote, shall adopt the budget by ordinance no later than the 30th day of September. Adoption of the budget shall constitute appropriations of the amount specified as expenditures from the fund indicated. If the Council fails to adopt a budget by the beginning of the fiscal year, the budget currently in place for the preceding year shall remain in place on a month-to-month basis until such time as a new budget has been adopted. BUDGET ADMINISTRATION Budget Amendment The Council, by ordinance, may make supplemental appropriations for the year. To address a public emergency affecting life, health, property, or public peace, the Council may also make emergency appropriations. Such appropriations may be made by emergency ordinance. The level of budgetary control for amendments must be, at a minimum, made on a fund level. Transfers At any time during or before the fiscal year, the Council may, by resolution, transfer part or all of the unencumbered appropriation balance from one department, fund, service, strategy or organizational unit to the appropriation for other departments or organizational units or a new appropriation. The Town Manager may transfer funds among programs within a department, fund, service, strategy, or organizational unit and shall report such transfers to the Council in writing in a timely manner. Public Records The budget, budget message, and all supporting schedules shall be in a public record in the office The Town goal is to maintain an unassigned fund balance of at least 30% of Gen- eral Fund expenditures, which would equal $2,892,365 in FY17 and $3,120,752 in FY18. FUND BALANCE 13Annual Program of Services- 2018 BUDGET CALENDAR Fiscal Year 2018 February 25 Saturday • Town Council and Management Retreat/Strategic Planning April 6 Thursday • Denton Central Appraisal District begins sending out weekly preliminary appraisal totals April 25 Tuesday • Mid-year review presentation to Council April 28 Friday • Tarrant Appraisal District submits 1st preliminary appraisal totals May 22- June 20 Monday - Tuesday • Departmental budget meetings June 13 Tuesday • Workshop with Council to discuss FY18 compensation and General Fund Revenue July 11 Tuesday • Workshop with Council to discuss General Fund expenditures & supplemental items July 25 Tuesday • Workshop with Council to discuss all other funds • Certified Appraisal Roll due from Denton & Tarrant Appraisal Districts • Receive CCPD Budget July 27 Thursday • Denton County Tax Assessor/Collector provides Effective and Rollback Tax Rates • Publish Notice of Public Hearing on CCPD Budget August 8 Tuesday • Public Hearing on CCPD Budget • Submit Effective & Rollback Rate calculations to Council • Vote to propose tax rate August 14 Monday • Publish Notice of Public Hearing on Proposed Tax Rate August 22 Tuesday • Workshop with Council on the Proposed Budget • Public Hearing on CCPD Budget • Set Public Hearings for August 22nd and September 12th • First Public Hearing on Tax Rate • CCPD Budget Adoption September 1 Friday • Publish Notice of Public Hearing on the Budget September 12 Tuesday •Second Public Hearing on Tax Rate •Public Hearing on Budget •Resolution accepting proposed SAP & set Public Hearing date September 13 Wednesday • Publish Notice of Public Hearing on PID Service Assessment September 26 Tuesday • Budget adoption • Tax Rate adoption • Approve Tax Roll • Public Hearing on PID Service Assessment • Vote to ratify Property Tax revenue • Adopt PID Assessment Rate October 1 Sunday • Fiscal Year 2017-2018 begins 14 Annual Program of Services- 2018 Manager’s Message FY17 BUDGET DEVELOPMENT CONSIDERATIONS There is no accurate means by which we can see into the future, thus we have to rely on macro and micro economic indicators to drive our predictions. National, state, and regional economic conditions factor into our out-year projections and operations. National Economy - The United States is in a period of slow growth with Gross Domestic Product (GDP) staying between 1%-3% for the past five years, unemployment rates dropping from an average of 8.1% in 2012 to 4.5% for the first six months of 2017(according to the Bureau of Labor Statistics), the Federal Reserve increasing the federal funds rate to 1.25%, and inflation rates being below 1.5% (according to the World Bank). Economists have mixed predictions for 2018, primarily due to the fragility of the European Union, the normalizing of the price of petroleum, and the economic uncertainty that has persisted after the election year. State Economy - Though the outlook at a national level is uncertain, the Texas economy continues to see steady growth. Texas is home to 54 Fortune 500 companies; it is second only to New York, which leads with 55. The state’s unemployment rate is 0.2% higher than the national average of 4.4%, and sales for existing homes have increased 6.9% over the past year. Consumer confidence in the state is 135.7 and has increased 31% in the past year, with national consumer confidence only being 121 (Source: thetexaseconomy.org). Regional Economy - The Dallas/Fort Worth (DFW) economy differs from most of Texas as a whole due to its lower reliance on the oil and gas industry. One of the largest drivers of new growth in the region is the relocation of corporate offices to the DFW area. In the Alliance and HWY114 corridors, three new companies (Farmers Brothers, Charles Schwab, and TD Ameritrade) are driving housing demand and home values for the area. In Trophy Club the average home price has increased each year for the past five years, and total sales tax has increased on average by 7% per year for the past five years. Local Economic Impacts - The Town of Trophy Club has slated several capital improvements for the upcoming year, and due to nationally low interest rates the Town is able to complete those projects without increasing the tax rate. Low interest rates allowed the Town to refinance/ refund several debt issuances, most notably the Every budget seeks to allocate scarce resources, and there will always be more needs than available funds. The adopted budget includes total revenues of $14,573,468 and expenditures of $17,286,240. Expenditures exceed revenues by $2,694,772 due to $2,958,740 of improvements in the Capital Projects Fund (for which debt was issued in prior periods), $50,000 of improvements in the Hotel Occupancy Fund. Excluding capital improvements, the overall budget contains a surplus (revenues over expenditures) of $263,968. The fund balance of the General Fund is anticipated to increase $29,384. This letter discusses, by fund, the major issues addressed in the FY18 budget. The FY18 budget highlights include: Personnel • Evidence Custodian • School Crossing Guard Pay Increase • Part-Time Fire Fighter Pay & Time Increase Equipment Replacement & Capital • Town Wide Wireless P2P Infrastructure • Inventory System for Town • Police Administrative Vehicle • Patrol Vehicle (Fully Equipped) • Ambulance • Firehouse Software Update • F250 Crew Cab for Parks • Reelmaster 3100-D Capital Improvement Program - Capital Improvement Projects totalling $2,958,740, including: • Indian Creek Drive reconstruction • Phoenix Drive reconstruction • Trophy Club Drive (Durango Drive to Bobcat Blvd.) • Meadowbrook Lane • Sundance Court • Wayfinding signage, entryway monumentation and public art In accordance with the Trophy Club Town Charter and the State of Texas Local Government Code, the Adopted Fiscal Year 2018 (FY18) Budget for the fiscal year beginning October 1, 2017 and ending September 30, 2018 is presented along with an attached five-year Capital Improvement Program. In financial terms, the adopted FY18 Budget presents the plan for accomplishment of municipal objectives during the forthcoming fiscal year. Preparation of this document requires a comparison of the anticipated revenues with adopted programs that are based on Town Council priorities, service demands, or prior project commitments. While the adopted budget does not fund all departmental requests, it meets Town Council goals expressed during the planning process. The adopted budget has been formulated by reflecting the core values of: • Providing exceptional governmental services • Remaining fiscally sound • Effectively allocating resources to meet citizen needs • Valuing our employees The FY18 Budget is a responsible financial plan developed by utilizing advanced planning methods and Governmental Accounting Standards Board (GASB 34) provisions and complying with the adopted Fund Balance Policy (GASB 54). Prudent financial and operational philosophies have guided budget development. Dear Mayor and Council, 15Annual Program of Services- 2018 Public Improvement District (PID) bonds, which saved over $16.4 million with a net present value savings of $8.8 million. To the average PID resident with an outstanding assessment, the savings over the life of the bond was $11,675. The stable Texas economy has insulated the DFW area from the slow growth economy that is being seen around the U.S. Over the past five years the Town has capitalized on the housing and economic growth by decreasing the tax rate and offering economic incentives to attract award winning restaurants. Recent regional growth of corporate relocations to this area has lead to a scarcity of housing in the area. The Town of Trophy Club is close to build-out and is seeing an increase in housing redevelopment. To better control the future of the Town, staff will work to improve development standards and encourage targeted redevelopment. GENERAL FUND Revenues – Each revenue source is carefully evaluated during the budget process to ensure adequate levels of funding. As the Town reaches substantial build-out, with accompanying smaller increases in assessed value and sharp decreases in licensing and permitting revenue, it endeavours to diversify its revenue sources to reduce reliance on property taxes. Identified diversification areas include maximization of sales tax revenue along the Highway 114 corridor and accompanying increased franchise fee collections that are included with substantial build-out. Property Tax – The largest revenue source in the General Fund is the ad valorem tax. A tax rate of $0.451442/$100 is adopted, which is $0.021558/$100 lower than the previous year’s tax rate. Property tax revenue in FY18 is expected to increase by $199,886 over the FY17 estimate. Of this amount, $255,850 can be attributed to over $74M in new properties added to the tax roll in FY18. Growth is expected over the next fiscal year and is a major consideration when projecting future property tax revenues. Property Tax Rate - The FY18 Budget is based on a property tax rate of $0.451442/$100 of assessed valuation. It was a Council and staff goal to decrease the tax rate. The adopted tax rate includes $0.110 to service debt and $0.341442 to fund maintenance and operations. Property Tax Base - The Certified 2017 Appraisal Rolls show an increase of 10.57% over the 2016 certified values. The majority of the increase is attributed to existing properties, while new properties added to the tax roll were responsible for 4.92% of the increase. The average market value is $428,799 according to the FY17 tax roll. FY18 projects 45 homes to be built, which will continue to increase the total assessed value of Trophy Club and thus increase total revenues derived from property tax at the adopted tax rate. Sales Tax – Sales tax receipts are the second largest revenue source in the General Fund. The FY18 budget projects a 3.58% growth in receipts over the FY17 estimate. Included in the sales tax are general sales taxes and mixed beverage taxes. Sales tax revenue is wholly dependent on the local economic conditions and can fluctuate. The Town has been working to maximize the sales tax potential for major commercial development along the corridor of Highway 114, which will help diversify the Town’s revenue sources and provide property tax relief in future years. Meat U Anywhere opened its doors in mid FY16, and Bread Winners Cafe & Quarter Bar became operational near the beginning of FY17. Additionally, in late 2015 the Economic Development Corporation 4B (EDC 4B) purchased over seven acres of land in the Trophy Wood District to control the development of the area with hopes of enticing commercial development to increase future sales tax revenue. Franchise Fees – The third largest revenue source in the General Fund is franchise fees. The fees are projected based on the past and current trends plus new development. Franchise fees are projected to decrease 1.36% in FY18 over the FY17 estimate, and they should continue to decrease due to a decrease in subscriptions to cable providers. On September 8, 2015, the Town Council took action to increase the solid waste franchise fees from 6% to 12% and on September 22, 2015 increased the gas franchise fee from 4% to 5%. This was done to diversify the Town’s revenue stream. It also allowed the Council to reduce property taxes by $0.006/$100 and save the average residential taxpayer approximately $7 per year in FY16. Intergovernmental - Intergovernmental is the fourth largest revenue source. This revenue comes from the Trophy Club Municipal Utility District #1 (MUD). The Town of Trophy Club entered into an agreement to take over the day to day operations of the Fire Department for the MUD. The Fire Department is now listed as a department of the General Fund. Expenditures for Fire operations are offset from two revenue sources Intergovernmental and Charges for Services. Licenses and Permits – Licenses and permits are the fifth largest revenue source for the General Fund. This revenue source grouping contains building permits and miscellaneous permits. This revenue source is expected to decrease 16.78% from the FY17 estimate due to the Town approaching substantial build-out. The heavy reduction in revenue derived from licensing and permits is considered when looking to the future. Increased property valuation from new properties on future tax rolls will make up for the substantial loss of this revenue source along with increased collection of sales taxes. Fines and Fees – Fines and fees represent revenue generated from the M unicipal C ourt, development-related fees, and recreation-based fees. This revenue source is expected to decrease 2.00% compared to the FY17 estimate. Charges for Services - Charges for Services include revenues for EMS runs, PID reimbursements, and NISD contributions. In comparison to the FY17 estimate, this revenue source is projected to increase by 0.69%. Personnel – As municipal governments are primarily service-oriented they are extremely reliant on their employees. The Town of Trophy Club is no different; for a department to add positions, a need must first exist. Citizens and Council have come to expect the highest level of service at the lowest possible cost, all while being competitive in the marketplace. The adopted budget exemplifies this exact sentiment. Compensation - The FY18 Budget includes a merit pool of $125,000 to be distributed on or about October 1st, based on employee’s last performance review completed during September. Fund Balance - The Town has a Fund Balance Policy with a goal of 30% of the Town’s annual General Fund expenditures being classified as unassigned fund balance. An unassigned fund balance of less than 15% is a cause for concern unless it is planned or deliberate. The Town’s budgeted ending fund balance in the General Fund is projected at 39.84% of expenditures for FY 18, which is well above the Town’s policy. The Town endeavours to maintain its current strong fund balance levels but will consider use of fund balance to fund major capital projects and/or acquisitions while maintaining an ending fund balance within the Town’s policy. CAPITAL PROJECTS Capital Improvement Program – The five- year Capital Improvement Program includes scheduled construction of major capital improvements such as streets, facilities, parks, etc. These improvements are generally funded by debt proceeds, but may be funded by existing fund balances or grants when available. In FY14 the Town issued $2.5M in Certificates of Obligation to fund the purchase of land for the 16 Annual Program of Services- 2018 Trophy Club Town Hall. Additionally, in FY14 a $600,000 tax note was issued to fund various streets projects and park improvements. In FY16, a GO and CO were issued in the amount of $9.455M for the Trophy Club Town Hall, as well as to make street and drainage improvements. In FY17 $4,500,000 CO was issued for street projects. When considering capital improvements the Town considers federal and state mandates, the effect on Town citizens, and the effect a project will have on future operating budgets. The following projects are included in the Capital Improvement Program for FY18: • Indian Creek Drive reconstruction • Phoenix Drive reconstruction • Trophy Club Drive (Durango Drive to Bobcat Blvd.) • Meadowbrook Lane • Sundance Court OTHER FUNDS Debt Service Fund – In FY14 the Town issued a $2.5M CO for the purchase of land for the Trophy Club Town Hall. Also in FY14, a $600,000 Tax Note was issued to fund street and parks projects. Additionally, in FY14 the Town adopted a debt management policy and had its bond rating upgraded from AA to AA+ by Standard and Poor’s. In FY15 the Town refunded the 2007 GO bonds and realized $218,000 in interest savings. GO and CO debt issuances for $9.455M were made in FY16 to fund the Trophy Club Town Hall, as well as to make street and drainage improvements. In FY17 $4,500,000 CO was issued for street projects. The adopted I&S tax rate for FY18 is $0.11 per $100 of valuation, which is the same I&S tax rate as in FY17. Economic Development Fund 4B – The EDC 4B issued $2.69M in debt to finance the purchase of two parcels of land for the purpose of economic development that is expected to generate sales tax to further diversify the Town’s revenue. The EDC 4B is also responsible for $140,773 annual incentive to a developer. The EDC4B receives revenues from 0.50% sales tax and FY18 revenues are expected to increase by 3.06% over the FY17 estimate. Crime Control and Prevention District (CCPD) The CCPD fund receives its revenues from a 0.25% sales tax. This fund is to help the police department with capital replacement costs, supplies, and activities related to crime control and prevention. In FY17 the CCPD will began to service $2,260,000 of debt issued for the Trophy Club Town Hall. The FY18 CCPD budget contains $5,000 for uniforms, $12,000 for small equipment such as tasers, duty weapons, rapid response equipment, etc., $18,000 for CJIS wireless device, and $27,000 to purchase an administrative vehicle. Street Maintenance Sales Tax Fund - In FY14, citizens reauthorized a 0.25% Street Maintenance Sales Tax. The sales tax is needed to augment the funding provided in the General Fund for the maintenance of Town streets. State law requires that the tax be reauthorized by the citizens after the initial four years. In order for the tax to not lapse, the Council held a reauthorization election on May 8, 2010 in which voters approved the reauthorization of the sales tax. The FY18 budget projects a 3.07% growth in receipts along with $75,000 in street maintenance projects and $31,145 in vehicle maintenance, signs and markings, fuel, and small tools. Due to the growth in sales tax base this fund increased the total FTEs funded from 1.0 FTE to 1.4 FTEs. Hotel Occupancy Tax Fund - This fund accounts for local taxes collected based on the occupancy rate of hotel rooms charged at a rate of 7%, as well as the expenses (events). The FY18 revenues are projected to increase by 9.21% from the FY17 estimate. In FY18 the Holiday Inn is anticipated to open. The overall fund balance projected in FY18 will increase by $151,788 over the FY17 estimated ending fund balance due to the completion of the Veteran’s Memorial. Storm Drainage Utility Fund - The Town of Trophy Club charges a fee to property owners to cover the costs of providing the infrastructure and facilities that permit the safe drainage of storm water, the prevention of surface water stagnation, and the prevention of pollution arising from non- point runoff. The Town engaged the services of Freese and Nichols, Inc. (FNI) in 2014 to conduct a master drainage study in order to better assess current infrastructure and future needs. Phase I of this study was completed and identified five major areas of concern related to storm drainage. The Town also engaged FNI to complete a financial analysis to correctly identify revenue options, appropriate expenses, and residential/ commercial storm drainage fees necessary to accomplish these storm water improvement projects. Based on those recommendations, the fee for residential home owners increased from $3 to $6 in FY13, and commercial entities were increased based on an Equivalent Residential Unit (ERU) system. The Town has commenced Phase I implementation and issued a $1.7 million Certificate of Obligation in 2013 backed by storm water fee revenue to address three areas identified by FNI. Additionally, the Town has retained FNI to initiate Phase II, which will include a regional analysis on water drainage and the impact on Trophy Club. The Town is looking to partner with surrounding municipalities, counties, and a developer as well as seeking grant funding. The FY18 Budget for the Storm Drainage Utility Fund includes a transfer to cover the administrative cost in lieu of paying personnel cost out of the fund; mosquito abatement program funding; debt service related to the 2007 GO, 2013 CO, and 2015 GO Refunding. Revenue for the Storm Drainage Utility Fund is projected to increase 0.58% over the FY17 estimate. FUTURE CHALLENGES AND OPPORTUNITIES With regard to the long and short term, the most significant challenge Trophy Club faces is heavy reliance on property tax revenue. In the FY18 budget, 62.11% of the General Fund revenue for the Town was property tax revenue; by FY22 it is projected to be 63.16%. The Town endeavours to maintain a mix of revenue where property tax does not exceed 65.00% of total revenue generated in the General Fund. The Town is only a few years away from build-out, which has already decreased permitting revenue and has pushed the Town into an even deeper reliance on property tax revenue. Town Council and Staff are focused on a multi- faceted solution to address the revenue issue. In September 2015, the Council increased franchise fees associated with solid waste and natural gas while decreasing the property tax rate. On the Economic Development front, the Town staff has been working with Council and the EDC4B board to recruit and develop new opportunities for destination restaurants that will increase the Town’s sales tax revenues. The first steps were taken by creating a Tax Increment Reinvestment Zone #1 (TIRZ#1) in the Trophy Wood District in FY13. Next, the Town entered into a public- private partnership with Old Town Development, to bring about high-end, destination eateries within TIRZ#1. The first of these restaurants to sign a lease was Bread Winners Cafe & Quarter 17Annual Program of Services- 2018 Bar. The eatery/bar features classical architectural touches, a courtyard feel, a rooftop space, and old-world charm. The restaurant is a strong addition to the region but a great place for our residents to eat, drink, and mingle. Additionally, acclaimed BBQ restaurant Meat U Anywhere opened its doors in June 2016 on the corner of Trophy Club Drive and State Highway 114. This is a regionally and state recognized, award-winning BBQ destination that is a great place to eat for Trophy Club residents and is drawing in diners from around the metroplex and beyond. The newest addition to the area is HG Sply Co. a restaurant that serves natural, wholesome food defined not by trends. The eatery will feature three district concepts in one space: the HG Sply CO, Base Camp, and the Mudsmith coffee shop. The restaurant will open by summer of 2018. Another great opportunity for revenue is the growth in the number of hotels established. The Town already has Hampton Inn & Suites, Wood Springs Suites, Homewood Suites, and a Holiday Inn, is set to open in FY18. All of the hotels are located in the Trophy Wood District and will help create a unique destination for overnight travelers or those just wanting to visit Trophy Club for a sumptuous dining experience. SUMMARY & CONCLUSION The Town of Trophy Club is slated to have another strong and exciting fiscal year. This year’s FY18 budget represents a collective effort by the Town Council and the Town Staff to meet challenges facing our community. This budget is more than a financial document; it is a policy document that lays the groundwork for a continuation of current services and stabilizes the future financial position in order to carry on the Town’s duties and responsibilities, while meeting the goals and objectives outlined in the Town’s Strategy Map. Town staff will continue to work to review, evaluate, and innovate to improve service delivery. I appreciate the opportunity to lead an organization that provides our community with exceptional services, strong public safety, and an excellent quality of life. I would like to thank the Town Council for volunteering their time to serve their community and providing leadership to continue to make the Town of Trophy Club “a great place to call home!” Sincerely, Thomas M. Class, Sr. Town Manager 19Annual Program of Services- 2018 Strategic Planning The Town Council developed a strategy map that presented the Town’s responsibilities and principles that will enable achievement of their long term vision for Trophy Club. Each department has listed a set of performance measures that assist them in achieving the Town’s responsibilities and principles within the strategy map. This process drives the Town of Trophy Club’s service delivery and aids in long and short-term financial planning. Strategy Map MISSION To maintain Trophy Club’s standing as a Premier Residential Community and a “Great Place to Call Home” by protecting and promoting the interests of its Residents, Businesses, and Property Owners. To support our Mission, we are tasked with the following areas of primary Responsibility: • Exceeding high standards for public safety and low crime rates. • Maintaining and improving street and storm drainage infrastructure. • Fostering a business-friendly environment. • Collaborating with Trophy Club MUD #1 and other governmental entities. • Maintaining Town assets, services, and codes of ordinance that preserve the natural beauty of Trophy Club. • Improving the aesthetic and recreational value of the Town. We pledge to carry out our Responsibilities operating under the following Principles: • Operating a limited government with maximum transparency. • Exercising fiscal discipline and taking a business-like approach to Town operations and budget prioritization. • Remaining accountable and responsive to residents, businesses, and property owners, with emphasis on proactive communication and problem solving. • Taking deliberate, targeted action resulting from thoughtful analysis, weighing costs and benefits in all situations. • Conducting ourselves as leaders, following the highest ethical standards, with humility before residents. RESPONSIBILITIES PRINCIPLES 20 Annual Program of Services- 2018 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 ESTIMATE ADOPTED PROJECTED PROJECTED PROJECTED PROJECTED Beginning Fund Balance $4,194,162 $4,115,087 $4,144,471 $4,430,119 $4,370,332 $4,622,589 Revenue: Property Tax 6,239,780 6,439,666 6,708,163 6,887,289 6,947,296 7,007,859 Licensing and Permits 292,100 243,100 205,700 123,515 113,674 104,816 Franchise Fees 881,655 869,631 858,591 847,301 836,374 825,499 Sales Tax 930,997 964,299 1,029,571 1,063,015 1,094,698 1,127,342 Fines and Fees 348,793 341,824 344,971 348,168 351,915 355,713 Intergovernmental 581,633 608,896 627,163 645,978 665,357 685,318 Charges for Services 771,024 776,330 796,035 816,299 837,134 858,560 Interest Income 45,000 40,000 40,000 40,000 42,500 42,500 Miscellaneous Income 115,645 85,144 85,894 86,667 87,462 88,282 Total Revenues 10,206,627 10,368,890 10,696,088 10,858,232 10,976,410 11,095,889 Expenditures: Personnel 6,325,565 7,136,283 7,275,941 7,403,556 7,533,013 7,665,569 Services/Supplies 2,552,964 2,896,058 2,840,032 2,930,883 3,025,303 3,084,861 Capital 762,689 370,166 355,967 645,080 227,337 205,787 Total Expenditures 9,641,218 10,402,506 10,471,940 10,979,519 10,785,653 10,956,217 Other Sources (Uses): Transfers In 63,000 63,000 61,500 61,500 61,500 61,500 Transfers Out (707,484) - - - - - Total Other Sources (Uses) (644,484) 63,000 61,500 61,500 61,500 61,500 Net Increase (Decrease) (79,075) 29,384 285,648 (59,787) 252,257 201,172 Ending Fund Balance $4,115,087 $4,144,471 $4,430,119 $4,370,332 $4,622,589 $4,823,761 Fund Balance as % of Expenditures 42.68%39.84%42.30%39.80%42.86%44.03% General Fund Five-Year Forecast 21Annual Program of Services- 2018 (With Links to Council Responsibilities & Principles) Fiscal Year 2018 Strategic Plan Planning Point Long-Term Plan Related Council Responsibilities & Principles Personnel The Town endeavors to provide competitive total compensation packages and an outstanding work environment. As the Town has approached substantial build-out, adding new personnel is only considered if a demonstrated need first exists and funding must also be secured. In FY18 an Evidence Custodian is approved. •Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization. Services & Supplies As the Town is near build-out, emphasis on long-term financial sustainability requires close scrutiny on expenditures for services and supplies. Each year will be evaluated to provide an adequate level of funding with an overall goal for increases not to exceed inflation. •Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization. Equipment Replacement Equipment replacement is currently funded through operations. Each year an amount equal to each department’s depreciation is set aside to fund future replacements. The Town maintains a Fleet Replacement Policy in which a point system is used to determine priority for replacement based on age, miles, hours, repair costs, etc. The FY18 budgeted equipment replacement includes Town Wide Wireless P2P Infrastructure, Inventory System for Town, Police Administrative Vehicle, Ford Patrol Vehicle (Fully Equipped), Ambulance, F250 Crew Cab for Parks, and Reelmaster 3100-D. •Maintain Town assets, services, and code of ordinances that preserve the natural beauty of Trophy Club. Capital Projects The Town uses three criteria as a basis to repair, replace, or improve infrastructure: 1) State and Federal mandates, 2) health and safety of citizens, and 3) to improve the Town. Priorities likely to be addressed are the joint Town Hall and Police Facility, street reconstruction, and drainage improvements. GO and CO debt issuance for $9.455M were made in FY16 to fund Trophy Club Town Hall. In addition, the Town issued $4.5M CO for streets, drainage, and park improvements in FY17. •Taking deliberate, targeted action resulting from thoughtful analysis, weighing costs and benefits in all situations. Economic Development Economic development is a priority for the Town and it is important in providing a diversified revenue base. While the Town is actively focused on the remaining land for economic development, undeveloped land is limited. The EDC 4B has purchased 7.5 acres of land in the Trophy Wood District for the purpose of economic development. Additionally, PD30, a 26 acre tract of land off Highway 114 and Trophy Club Drive, is anticipated to be developed over the next couple of years. •Fostering a business- friendly environment. Fund Balance The Town’s goal is to maintain an undesignated fund balance of 30% of annual expenditures in the General Fund. An unassigned fund balance of less than 15% is a cause for concern unless the action was deliberate. The Town currently maintains a higher-than-normal unassigned fund balance, projected at 42.68% for fiscal year end 2017. With the addition of Fire Services (in the General Fund), in FY18 the estimated unassigned fund balance is anticipated to decrease to 39.84%. •Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization. Debt Issuance In November 2015, voters approved funding for a joint Town Hall and Police Facility. The $5.24M GO Bond will be combined with $2.26 million from the CCPD, $1.15M in savings from the 2014 CO and operating funds to complete the project. With the Town nearing build-out, all other future debt issues will be primarily used to maintain and replace existing infrastructure rather than to support new growth. Issues will be considered in conjunction with expiring debt to minimize the effect on the tax rate. The budgeted FY18 I&S percentage of the tax rate is 24.37%. •Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization. 23Annual Program of Services- 2018 Organizational Chart Mayor &Town Council Citizens of Trophy Club David Dodd Town Attorney Thomas M. Class, Sr. Town Manager Holly Fimbres Town Secretary Amber Karkauskas Director of Finance Tommy Uzee Director of Community Development Jonathan Phillips Director of Administrative Services Tony Jaramillo Director of Parks and Recreation Patrick Arata Police Chief Wade Carroll Fire Chief Finance PoliceParks FirePlanningHuman Resources Accounting Animal Control Recreation Emergency Medical ServicesPermittingInformation Services Budget Payroll School Resource Officers School Crossing Guards Fire Prevention Streets Facilities Emergency ManagementCode Enforcement Communications & Special Events Building Inspections Municipal Court 24 Annual Program of Services- 2018 2013-14 ACTUAL 2014-15 ACTUAL 2015-16 ACTUAL 2016-17 ESTIMATE 2017-18 CHANGES 2017-18 ADOPTED GENERAL FUND Manager's Office 4.00 6.00 5.00 4.00 (1.00)3.00 Administrative Services 1.00 1.00 1.00 1.30 1.95 3.25 Information Services 2.00 2.00 2.50 2.50 (0.50)2.00 Legal 1.00 1.00 1.00 --- Police 20.80 23.60 25.15 25.65 1.50 27.15 Emergency Medical Services & Fire 6.80 7.80 8.30 16.60**0.54 17.14 Streets 3.80 3.80 2.80 3.00 (0.40)2.60 Parks 9.50 10.30 13.00 13.00 0.50 13.50 Medians 3.00 3.00 ---- Recreation*2.10 2.10 2.10 2.25 (0.25)2.00 Planning and Zoning 1.00 2.00 ---- Community Development 5.00 5.00 5.75 6.00 0.00 6.00 Finance 3.00 3.00 3.00 3.30 0.70 4.00 Municipal Court 1.00 1.00 1.00 1.00 0.00 1.00 TOTAL GENERAL FUND 64.00 71.60 70.60 78.60 3.04 81.64 TROPHY CLUB PARK FUND 1.40 1.48 1.48 1.08 0.00 1.08 STREET MAINTENANCE SALES TAX FUND 0.70 0.70 0.70 1.00 0.40 1.40 STORM DRAINAGE UTILITY FUND 0.50 0.50 0.25 0.00 0.00 0.00 HOTEL OCCUPANCY FUND 0.00 0.00 0.00 1.25 0.00 1.25 TOTAL FULL TIME EQUIVALENTS (FTEs)66.60 74.28 73.03 81.93 3.44 85.37 *Does Not Include Seasonal FTEs for FY 18 **In FY2017 the MUD contracted the Town to manage Fire Operations adding 8.3 FTEs, the cost of the operations are reimbursed by the MUD Full-Time Equivalent (FTE) Summary Summary of Changes •Removed the Assistant Town Manager/CFO position from the organizational structure, decreased Managers Office by 1.0 FTE •Human Resources Department became the Administrative Services Department •Administrative Services Director position was created and hired •The Human Resources Director left and was replaced with a Human Resources Manager •A full-time Administrative Assistant was hired in Administrative Services to replace the part-time Intern for Information Services and the Administrative Assistant budgeted in Human Resources and Finance •The General Fund portion (0.25 FTE) of the Communications & Special Events Manager was moved from Recreation to Administrative Services •Police are turning a contract Evidence Custodian into a full-time employee in the General Fund in FY18 •Investigative Assistant became a full-time position •Part-time Firefighters was increased .54 FTEs (split .27 FTE between EMS and Fire) to fill gaps for training and sick time •0.2 of the Streets Superintendent and .2 of the Streets Supervisor was moved from the General Fund into the Street Maintenance Fund •Finance removed .3 FTEs of an Administrative Assistant and added a Staff Accountant for a total gain of .7 FTEs 26 Annual Program of Services- 2018 Line Actual Adopted Adopted Ref Truth in Taxation Formula 2015-2016 2016-2017 2017-2018 1 =Start PY Taxable Value 1,388,705,005 1,578,930,772 1,783,317,943 2 -Tax Ceilings 162,994,030 202,892,731 239,225,371 3 +PY ARB Value Loss 1,252,510 1,251,427 4,534,307 4 -PY First Year Exemption Loss 3,764,365 2,860,090 3,904,377 5 =PY Adjusted Taxable Roll 1,223,199,120 1,374,429,378 1,544,722,502 6 *PY Total Tax Rate 0.490000 0.484000 0.473000 7 =PY Adjusted Tax Levy 5,993,675 6,652,238 7,306,537 8 +PY Taxes Refunded 746 5,731 1,539 9 -PY Taxes in Tax Increment Financing (TIF) 3,630 6,095 36,531 10 =PY Adjusted Tax Levy with Refunds and TIF 5,990,791 6,651,874 7,271,545 11 Start CY July Certified Tax Roll 1,566,947,193 1,709,141,565 1,931,442,510 12 +CY Property Under Protest 11,252,095 50,307,448 23,128,901 13 -Tax Ceilings 197,738,589 234,922,115 268,902,047 14 -CY Annexed Property 1,434,611 - - 15 -CY New Improvements 82,678,727 64,380,740 74,932,165 16 =CY Adjusted Tax Roll 1,296,347,361 1,460,146,158 1,610,737,199 17 CY Effective Tax Rate (Line 10/Line 16 * 100) 0.462128 0.455562 0.451442 18 Start PY Adjusted Taxable Roll (Line 5) 1,223,199,120 1,374,429,378 1,544,722,502 19 *PY M&O Rate 0.380000 0.374000 0.363000 20 =PY M&O Levy 4,648,157 5,140,366 5,607,343 21 +Taxes Refunded for Years Preceding Tax Year 576 4,434 1,189 22 -Taxes in Tax Increment Financing (TIF) 3,630 6,095 36,531 23 =PY M&O Levy (including taxes refunded) 4,645,103 5,138,704 5,572,000 24 /CY Adjusted Tax Roll (Line 16) 1,296,347,361 1,460,146,158 1,610,737,199 25 =CY Effective M&O Rate 0.358322 0.351930 0.345928 26 *CY M&O Rollback Factor 108%108%108% 27 =CY M&O Rollback Rate 0.386987 0.380084 0.373602 28 CY Debt Service Needed 1,518,517 1,676,993 1,854,245 29 /Anticipated Collection Rate 100%100%100% 30 =Adjusted Debt Service 1,518,517 1,676,993 1,854,245 31 /CY Taxable Value (Line 11 + Line 12 - Line 13) 1,380,460,699 1,524,526,898 1,685,669,364 32 =CY Debt Service Tax Rate 0.110000 0.110000 0.110000 33 =CY Rollback Rate (Line 27 + Line 32) 0.496987 0.490084 0.483602 Tax Rate Calculation 27Annual Program of Services- 2018 Taxable Values, Rates, and Ratios Actual Actual Adopted 2015-2016 2016-2017 2017-2018 NET TAXABLE VALUES $ 1,374,429,378 $ 1,524,526,898 $ 1,685,669,364 % Change in Taxable Value -0.44%10.92%10.57% Tax Ceilings 202,892,731 234,922,115 268,902,047 New Construction - Residential 79,545,179 55,126,679 60,813,456 New Construction - Commercial 3,133,548 9,254,061 15,704,083 TRUTH-IN-TAXATION Effective Tax Rate $ 0.462128 $ 0.455562 $ 0.451442 Rollback Rate Calculation Effective M&O 0.358322 0.351930 0.341442 Effective M&O x 1.08 0.386987 0.380084 0.373602 Debt Service Rate 0.110000 0.110000 0.110000 Rollback Rate 0.496987 0.490084 0.483602 TAX RATE General Fund (M&O) 0.374000 0.363000 0.341442 Debt Service (I&S) 0.110000 0.110000 0.110000 TOTAL 0.484000 0.473000 0.451442 TAX LEVY General Fund (M&O) $ 5,776,544 $ 6,153,131 $6,414,666 Debt Service (I&S) 1,697,277 1,878,696 2,083,707 TIRZ #1 3,573 46,565 53,199 TOTAL 7,477,394 8,078,392 8,551,572 A.V. TAX - 1 PENNY (NET) $ 137,443 $ 152,453 $168,567 TAX RATE RATIO General Fund (M&O)77.25%76.17%75.01% Debt Service (I&S)22.70%23.26%24.37% TIRZ #1 0.05%0.58%0.62% TOTAL 100.00%100.00%100.00% Items to Note: The Effective Rate ($0.451442) - This rate enables the public to evaluate the relationship between taxes for the preceding year and current taxes. This rate would produce the same tax dollars if applied to the same properties in both years. The Rollback Rate ($0.483602) - This rate, in essence, provides a ceiling (8% above the Effective Rate) in which any tax adopted above this rate would be subject to a Rollback Election if initiated by the public. A successful election would rollback the tax rate to the Rollback Rate. 29Annual Program of Services- 2018 Budget in Brief The Town of Trophy Club continues to be “a great place to call home.” The financial outlook of the Town is strong considering the following: continued growth of property values; two new high-end restaurants: Meat U Anywhere and Bread Winners Cafe & Quarter Bar opened their doors; and the completion of a new hotel: Homewood Suites. These new additions will continue to grow the property, sales, and hotel occupancy tax base. This growth will diversify the Town’s revenue base, which insulates the community for revenue shortfalls during times of economic recession. This year’s budget reflects the Town Council and Town Staff’s efforts to meet potential challenges in the upcoming year. The Town of Trophy Club is approaching build-out. As a result, the revenues received from housing-related permits will decrease, but total assessed property value is still expected to increase. The biggest challenge that the Town now faces is to be fiscally responsible while maintaining its high level of service. With a steadily growing population there will be a corresponding increase in service demand. The budget is developed around the responsibilities and principles set forth by the Town Council in the Strategy Map presented below: Strategy Map MISSION To maintain Trophy Club’s standing as a Premier Residential Community and a “Great Place to Call Home” by protecting and promoting the interests of its Residents, Businesses, and Property Owners. To support our Mission, we are tasked with the following areas of primary Responsibility: • Exceeding high standards for public safety and low crime rates. • Maintaining and improving street and storm drainage infrastructure. • Fostering a business-friendly environment. • Collaborating with Trophy Club MUD #1 and other governmental entities. • Maintaining Town assets, services, and codes of ordinance that preserve the natural beauty of Trophy Club. • Improving the aesthetic and recreational value of the Town. We pledge to carry out our Responsibilities operating under the following Principles: • Operating a limited government with maximum transparency. • Exercising fiscal discipline and taking a business-like approach to Town operations and budget prioritization. • Remaining accountable and responsive to residents, businesses, and property owners, with emphasis on proactive communication and problem solving. • Taking deliberate, targeted action resulting from thoughtful analysis, weighing costs and benefits in all situations. • Conducting ourselves as leaders, following the highest ethical standards, with humility before residents. RESPONSIBILITIES PRINCIPLES Staff Goals Personnel • Provide quality personnel support services in employment, training, employee relations, benefits, compensation, and payroll such that employees are enabled to better serve community members and meet the organizational goals of the Town. • Promote competitive pay, benefits, and a healthy work environment in order to retain and attract qualified and competent staff. The FY18 Budget includes a merit pool of $125,000 to be distributed during the year. Technology • Utilize current and new technology to create greater efficiency in the Town government: • Complete records migration to Laserfische. • Continue to utilize and expand the usage of Content Manager for Finance, Human Resources, and Court. • Utilize Geographic Information Systems to improve permitting, planning, and code enforcement and integrate with the Town’s Energov Software. Economic Development • Continue to work with commercial property owners and brokers to attract and retain businesses. • Continue development of the Trophy Wood District. Public Safety • Provide a safe environment for the citizens and visitors of Trophy Club by increasing police- community partnerships and encouraging voluntary compliance of all laws and ordinances. • Trophy Club Fire Department will continue to provide and maintain community education programs. • Work to decrease response times for both EMS and Police. • New Evidence Custodian. Town Facilities • Begin operations in new Town Hall facility. • Complete a comprehensive inventory and evaluation of all Town assets. • Restructure Street Maintenance worker vacancy to a Facility Maintenance worker 30 Annual Program of Services- 2018 Budget Highlights • The Town of Trophy Club lowered its tax rate from $0.473/$100 in FY17 to $0.451442/$100 in FY18. Despite the decreased tax rate, property tax revenue (including delinquent taxes and penalty & interest) is expected to increase $199,886 or 3.20% from FY17 estimate. • General Fund expenditures are expected to increase 9.52% compared to the previous year’s adopted budget, primarily due to the addition of Fire operation expenditures taken over from the Trophy Club MUD. Capital expenditures are expected to decrease 43.95% compared to the previous year’s budget primarily due to the completion of Town Hall construction. Highlights for General Fund Capital Replacement include: • Police Administrative Vehicle • Ford Patrol Vehicle (Fully Equipped) • Ambulance • Firehouse Software Update • F250 Crew Cab for Parks • Reelmaster 3100-D • Capital Improvement Projects totaling $2,958,740, including: • Indian Creek Drive reconstruction • Phoenix Drive reconstruction • Trophy Club Drive (Durango Drive to Bobcat Blvd.) • Meadowbrook Lane • Sundance Court 31Annual Program of Services- 2018 All Funds Fiscal Year 2018 Total Expenditures $17,268,240 Total Revenue $14,573,468 General Fund $10,402,506 Debt Service Fund 2,412,817 Capital Projects Fund 2,908,740 CCPD Fund 62,000 Street Maintenance Fund 197,429 Storm Drainage Utility Fund 284,596 Trophy Club Park Fund 102,632 Hotel Occupancy Fund 331,906 Court Technology Fund 6,169 Court Security Fund 1,800 Grants Fund - EDC 4B Fund 217,145 TIRZ #1 Fund 350,000 Recreation Program Fund 8,500 Total Expenditures $17,286,240 Property Tax $8,606,669 General Fund 6,439,666 Debt Service Fund 2,090,207 TIRZ #1 76,796 Sales Tax 1,882,326 General Fund 964,299 EDC 4B 465,501 Street Maint. Fund 232,750 CCPD 209,475 TIRZ #1 10,300 Franchise Fees 869,631 License and Permits 243,100 Fines and Fees 958,078 Charges for Service 608,896 Intergovernmental 776,330 Occupancy Tax 477,994 Investment Income 65,300 Miscellaneous Income 85,144 Total Revenues $14,573,468 Please note: Expenditures exceeding revenues in total reflects a draw-down in available balances primarily due to capital projects’ expenditures (corresponding bond proceeds reflected as other sources in prior years and related expenditures generally made over several years). Property Tax 59.06%Sales Tax 12.92% Franchise Fees 5.97%License and Permits 1.67% Fines and Fees 6.57%Charges for Service 4.18% Intergovernmental 5.33%Occupancy Tax 3.28% Investment Income 0.45%Miscellaneous Income 0.58% General Fund 60.18%Debt Service Fund 13.96% Capital Projects Fund 16.83%CCPD Fund 0.36% Street Maint. Fund 1.14%Stormwater Drainage Fund 1.65% Trophy Club Park Fund 0.59%Hotel Occupancy Fund 1.92% Court Technology Fund 0.04%Court Security Fund 0.01% Grants Fund 0.00%EDC 4B Fund 1.26% TIRZ #1 Fund 2.03%Recreation Program Fund 0.05% 32 Annual Program of Services- 2018 General Fund Revenue FY 2017 Budget FY 2017 Estimate FY 2018 Adopted % Change (From FY17 Budget) % Change (From FY17 Estimate) Property Tax $6,185,631 $6,239,780 $6,439,666 4.11%3.20% Licenses and Permits 552,200 292,100 243,100 -55.98%-16.78% Franchise Fees 986,799 881,655 869,631 -11.87%-1.36% Sales Tax 900,395 930,997 964,299 7.10%3.58% Fines and Fees 361,906 348,793 341,824 -5.55%-2.00% Intergovernmental - 581,633 608,896 0.00%4.69% Charges for Service 279,964 771,024 776,330 177.30%0.69% Investment Income 30,000 45,000 40,000 33.33%-11.11% Miscellaneous Income 144,394 115,645 85,144 -41.03%-26.37% Total Revenues $9,441,289 $10,206,627 $10,368,890 9.82%1.59% Revenue - Highlights: • The Town of Trophy Club lowered its tax rate from $0.473/$100 in FY17 to $0.451442/$100 in FY18. Despite the decreased tax rate, property tax revenue (including delinquent taxes and penalty & interest) is expected to increase $199,886 or 3.20% from FY17 estimate. • Revenue from licenses and permits are expected to decrease $49,000 or 16.78% from the FY17 estimate. This is due to a decrease in residential permits, which will continue to decrease as the Town approaches build-out. • Sales Tax receipts are expected to increase $33,302 or 3.58% due to the opening of Bread Winners Cafe & Quarter Bar and a full year of revenue from Meat U Anywhere. 62% 2%9% 9%3%6% 8% 1% PROPERTY TAXES LICENSES AND PERMITS FRANCHISE FEES SALES TAX FINES AND FEES INTERGOVERNMENTAL CHARGES FOR SERVICES INVESTMENT INCOME MISCELLANEOUS INCOME 33Annual Program of Services- 2018 General Fund Expenditures FY 2017 Budget FY 2017 Estimate FY 2018 Adopted % Change (From FY17 Budget) % Change (From FY17 Estimate) Manager's Office $801,974 $616,592 $626,131 -21.93%1.55% Administrative Services 198,268 159,699 385,805 94.59%141.58% Information Services 663,244 572,970 677,271 2.11%18.20% Legal 130,663 125,396 129,988 -0.52%3.66% Municipal Court 83,775 79,401 82,013 -2.10%3.29% Police 2,353,452 2,043,136 2,367,813 0.61%15.89% Emergency Medical Services 1,022,642 1,063,274 1,090,360 6.62%2.55% Fire - 1,067,598 1,082,563 0.00%1.40% Streets 423,931 410,616 398,831 -5.92%-2.87% Parks 1,838,826 1,701,392 1,542,115 -16.14%-9.36% Recreation 678,362 676,246 587,333 -13.42%-13.15% Community Events 46,178 44,964 47,619 3.12%5.90% Community Development 656,220 492,573 642,283 -2.12%30.39% Finance 451,778 451,591 523,132 15.79%15.84% Facilities Maintenance 148,671 135,771 219,250 47.47%61.49% Total $9,497,984 $9,641,218 $10,402,506 9.52%7.90% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 34 Annual Program of Services- 2018 (By Department) General Fund Expenditures By Department $10,402,506 General Fund Expenditures FY 2017 Budget FY 2017 Estimate FY 2018 Adopted % Change (From FY17 Budget) % Change (From FY17 Estimate) Personnel $6,294,967 $6,325,565 $7,136,283 13.36%12.82% Services & Supplies 2,542,602 2,552,964 2,896,058 13.90%13.44% Capital 660,415 762,689 370,166 -43.95%-51.47% Total $9,497,984 $9,641,218 $10,402,506 9.52%7.90% Expenditure - Highlights: • Personnel – Total personnel expenditures are expected to increase $841,316 or 13.36% from the FY17 Budget, due to the addition of Fire employees to the Town's Payroll. FY18 budget includes the following personnel changes and adjustments: • Evidence Custodian • Services and Supplies – The services and supplies budget increased $353,456 or 13.90% from the FY17 Budget, 8.79% of which are supplemental items. The remainder of the increase is derived from the Town taking over the Fire operations. • Capital - Capital expenditures include both capital replacement and new capital expenditures. The capital expenditures budget for the general fund decrease $290,249 or 43.95% from the FY17 Budget primarily due to the completion of one time capital projects. 69% 28% 4% Personnel Services & Supplies Capital 35Annual Program of Services- 2018 General Fund Expenditures By Use $10,402,506 (By Use) Future Challenges & Financial Position The most significant challenge Trophy Club faces is heavy reliance on property tax revenue. The Town endeavors to maintain a mix of revenue where property tax does not exceed 65% of total revenue generated in the General Fund. The Town is only a few years away from build-out, which has already decreased permitting revenue and has pushed the Town into an even deeper reliance on property tax revenue. When residential build-out occurs, any growth in assessed valuation will reflect appreciation in the existing tax base, essentially leveling property tax revenues. Over the next five years the Town will see an increase in sales tax and hotel occupancy tax revenue. In September 2015, the Town Council took action to increase the solid waste franchise fees from 6% to 12% and the gas franchise from 4% to 5%. Sales tax will increase due to the addition of a new restaurant to the Town: HG Sply Co. Hotel Occupancy tax will increase as Holiday Inn opens. It is the goal of the Town to achieve and maintain an unassigned fund balance in the General Fund of at least 30% of expenditures. The Town considers a balance of less than 15% to be cause for concern, barring unusual or deliberate circumstances. The Town currently has an estimated FY17 ending fund balance of $4,115,087 or 42.68% of General Fund expenditures of which $1,066,722 or 25.92 % is unassigned. The FY18 budget estimates an ending fund balance of $4,144,471 or 39.84% of General Fund expenditures of which $867,719 or 20.94% is unassigned. General Fund Revenues, Expenditures, Ending Fund Balance & Fund Balance Goal $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 PROPOSED Revenues Expenditures Fund Balance Fund Balance Goal 46%50%38%43%39% 36 Annual Program of Services- 2018 General Fund Debt Service Fund Capital Projects Fund CCPD Fund Street Maint. Fund Storm Drainage Utility Fund Trophy Club Park Fund Beginning Fund Balance $4,115,087 $289,351 $5,186,363 $59,428 $35,504 $351,406 $(30,381) Revenue Property Tax 6,439,666 2,090,207 Licenses and Permits 243,100 Franchise Fees 869,631 Sales Tax 964,299 209,475 232,750 Fines and Fees 341,824 432,754 165,000 Charges for Service 608,896 Intergovernmental 776,330 Occupancy Tax Interest Income 40,000 2,000 20,000 100 500 Miscellaneous Income 85,144 Total Revenues $10,368,890 $2,092,207 $20,000 $209,575 $232,750 $433,254 $165,000 Expenditures General Government Manager's Office 626,131 Administrative Services 385,805 Information Services 677,271 Legal 129,988 Municipal Court 82,013 Police 2,367,813 62,000 Emergency Medical Services 1,090,360 Fire 1,082,563 Streets & Drainage 398,831 197,429 106,508 Parks 1,542,115 102,632 Recreation 587,333 Community Events 47,619 Community Development 642,283 Finance 523,132 Facility Management 219,250 Debt Service 2,412,817 178,088 Capital - Projects 2,908,740 Total Expenditures $10,402,506 $2,412,817 $2,908,740 $62,000 $197,429 $284,596 $102,632 Other Sources (Uses): Debt Issuance Transfers In 63,000 400,463 Transfers Out (147,431) (25,000) (67,209) $(20,000) Total Other Sources (Uses) $63,000 $400,463 $- $(147,431) $(25,000) $(67,209) $(20,000) Net Increase (Decrease) $29,384 $79,853 $(2,888,740) $144 $10,321 $81,449 $42,368 Ending Fund Balance $4,144,471 $369,204 $2,297,623 $59,572 $45,826 $432,855 $11,987 All Funds Summary Fiscal Year 2018 38 Annual Program of Services- 2018 All Funds Summary Fiscal Year 2018 Hotel Occupancy Fund Court Technology Fund Court Security Fund Grant Fund EDC 4B Fund TIRZ #1 Recreation Program Fund Total $394,822 $16,101 $19,141 $7,786 $640,716 $(330,420) $2,271 $10,757,174 76,796 8,606,669 243,100 869,631 465,501 10,300 1,882,326 5,000 3,000 2,000 8,500 958,078 608,896 776,330 477,994 477,994 700 2,000 65,300 85,144 $483,694 $3,000 $2,000 $- $467,501 $87,096 $8,500 $14,573,468 216,745 216,745 350,000 976,131 385,805 677,271 129,988 6,169 1,800 89,982 2,429,813 1,090,360 1,082,563 702,768 1,644,747 8,500 595,833 281,906 329,525 642,283 523,132 219,250 400 2,591,305 50,000 2,958,740 $331,906 $6,169 $1,800 $- $217,145 $350,000 $8,500 $17,286,240 - 463,463 - (3,000) (200,823) (463,463) $- $- $(3,000) $- $(200,823) $- $- $- $151,788 $(3,169) $(2,800) $- $49,533 $(262,904) $- $(2,712,772) $546,610 $12,932 $16,341 $7,786 $690,249 $(593,324) $2,271 $8,044,402 39Annual Program of Services- 2018 General Fund Debt Service Fund Capital Projects Fund FY 2016 Actual FY 2017 Estimated FY 2018 Budget FY 2016 Actual FY 2017 Estimated FY 2018 Budget FY 2016 Actual FY 2017 Estimated FY 2018 Budget Beginning Fund Balance $3,691,189 $4,194,162 $4,115,087 $118,542 $143,174 $289,351 $1,694,546 $8,764,936 $5,186,363 Revenue Property Tax 5,769,797 6,239,780 6,439,666 1,697,654 1,906,018 2,090,207 Sales Tax 821,227 930,997 964,299 Franchise Fees 953,622 881,655 869,631 Licenses and Permits 598,586 292,100 243,100 Fines and Fees 356,307 348,793 341,824 Charges for Service 300,337 771,024 776,330 Intergovernmental - 581,633 608,896 Occupancy Tax Interest Income 33,477 45,000 40,000 3,032 5,000 2,000 28,335 70,000 20,000 Miscellaneous Income 259,315 115,645 85,144 Grant / Contributions - - - 26,237 Total Revenue $9,092,668 $10,206,627 $10,368,890 $1,700,686 $1,911,018 $2,092,207 $54,572 $70,000 $20,000 Expenditures General Government - Manager's Office 826,562 616,592 626,131 Administrative Services 159,216 159,699 385,805 Information Services 478,364 572,970 677,271 Legal 307,245 125,396 129,988 Police 2,223,459 2,043,136 2,367,813 Emergency Medical Services 923,247 1,063,274 1,090,360 Fire - 1,067,598 1,082,563 Streets & Drainage 356,472 410,616 398,831 Parks 1,340,468 1,701,392 1,542,115 Recreation 632,364 676,246 587,333 Community Events 26,155 44,964 47,619 Community Development 576,508 492,573 642,283 Finance 400,642 451,591 523,132 Municipal Court 75,421 79,401 82,013 Facility Management 99,528 135,771 219,250 Debt Service 1,782,555 2,169,126 2,412,817 Capital - Projects - 3,223,116 8,969,216 2,908,740 Total Expenditures $8,425,652 $9,641,218 $10,402,506 $1,782,555 $2,169,126 $2,412,817 $3,223,116 $8,969,216 $2,908,740 Other Sources (Uses): Debt Issuance 9,992,946 4,613,159 Transfers In 111,702 63,000 63,000 106,501 404,285 400,463 265,283 707,484 Transfers Out (275,744) (707,484) - (19,295) Total Other Sources (Uses) $(164,042) $(644,484) $63,000 $106,501 $404,285 $400,463 $10,238,934 $5,320,643 $- Net Increase (Decrease) $502,974 $(79,075) $29,384 $24,631 $146,177 $79,853 $7,070,390 $(3,578,573) $(2,888,740) Ending Fund Balance $4,194,163 $4,115,087 $4,144,471 $143,174 $289,351 $369,204 $8,764,936 $5,186,363 $2,297,623 All Funds Summary (Three-Year) 40 Annual Program of Services- 2018 Storm Drainage Utility Fund Trophy Club Park Fund Other Funds Total (All Funds) FY 2016 Actual FY 2017 Estimated FY 2018 Budget FY 2016 Actual FY 2017 Estimated FY 2018 Budget FY 2016 Actual FY 2017 Estimated FY 2018 Budget FY 2016 Actual FY 2017 Estimated FY 2018 Budget $234,000 $242,387 $351,406 $(52,106) $(62,054) $(30,381) $1,136,101 $993,484 $845,348 $6,822,273 $14,276,088 $10,757,174 10,492 46,083 76,796 7,477,943 8,191,881 8,606,669 797,089 892,437 918,027 1,618,316 1,823,434 1,882,326 - - - 953,622 881,655 869,631 - - - 598,586 292,100 243,100 420,665 430,000 432,754 46,270 160,000 165,000 19,810 25,500 18,500 843,052 964,293 958,078 - - - 300,337 771,024 776,330 - - - - 581,633 608,896 302,374 473,261 477,994 302,374 473,261 477,994 914 750 500 2,152 6,600 2,800 67,910 127,350 65,300 61,106 8,575 24 - - 320,445 124,220 85,144 7,942 - - 34,179 - - $421,579 $430,750 $433,254 $107,376 $168,575 $165,000 $1,139,882 $1,443,881 $1,494,117 $12,516,764 $14,230,852 $14,573,468 621,204 363,278 848,651 621,204 363,278 848,651 - - - 826,562 616,592 626,131 - - - 159,216 159,699 385,805 - - - 478,364 572,970 677,271 - - - 307,245 125,396 129,988 128,090 198,100 62,000 2,351,548 2,241,236 2,429,813 4,290 - - 927,537 1,063,274 1,090,360 - 1,067,598 1,082,563 148,959 74,444 106,508 245,662 160,292 197,429 751,093 645,352 702,768 109,325 116,902 102,632 - - - 1,449,793 1,818,294 1,644,747 11,523 8,000 8,500 643,888 684,246 595,833 2,819 - - 28,974 44,964 47,619 - - - 576,508 492,573 642,283 - - - 400,642 451,591 523,132 6,856 6,424 7,969 82,277 85,825 89,982 - - - 99,528 135,771 219,250 165,540 180,400 178,088 98,945 400 400 2,047,040 2,349,926 2,591,305 36,488 44,871 475,126 50,000 3,304,475 9,444,342 2,958,740 $350,987 $254,844 $284,596 $109,325 $116,902 $102,632 $1,164,260 $1,211,620 $1,174,949 $15,055,894 $22,362,926 $17,286,240 - - - 9,992,946 4,613,159 - 10,461 - - 493,947 1,174,769 463,463 (62,206) (66,887) (67,209) (8,000) (20,000) (20,000) (128,702) (380,398) (376,254) (493,947) (1,174,769) (463,463) $(62,206) $(66,887) $(67,209) $(8,000) $(20,000) $(20,000) $(118,241) $(380,398) $(376,254) $9,992,945 $4,613,159 $- $8,386 $109,019 $81,449 $(9,949) $31,673 $42,368 $(142,618) $(148,137) $(57,086) $7,453,815 $(3,518,916) $(2,712,772) $242,387 $351,406 $432,855 $(62,054) $(30,381) $11,987 $993,483 $845,348 $788,262 $14,276,088 $10,757,174 $8,044,402 All Funds Summary (Three-Year)All Funds Summary (Three-Year) (Other Funds Include: Court Security Fund, Court Technology Fund, Street Maintenance Sales Tax Fund, Crime Control Prevention District Fund, Grant Fund, Anniversary Fund, TIRZ #1, Recreation Program Fund, Economic Development 4B Fund and Hotel Occupancy Tax Fund) 41Annual Program of Services- 2018 Supplemental and Capital Replacement One of the biggest challenges facing all local governments is capital and equipment replacement. Every citizen knows the pain of replacing a car, a washing machine, or putting a new roof on a home. Local governments face the same challenges just on a larger scale. The biggest issue is how to pay for recurring replacement. Best practices suggest that local governments set aside annual depreciation so that when the assets value reach zero the money for the capital asset is available. The Town of Trophy Club began this process three years ago setting aside fund balance equal to depreciation for equipment replacement. In FY 2018 the Town was able to fund all capital replacement under the effective tax rate (the rate at which existing properties raise the same amount in taxes as in the previous year). The largest piece of capital equipment replacement was the replacement of Medic 682. This item will be financed over three years within the effective tax rate. Supplemental Items FY18 (Included within the Effective Tax Rate) General Fund Department Item Description FY2018 FY2019 FY2020 Total EMS Ambulance Replace Medic 682 $96,667 $89,167 $89,167 $275,000 Total General Fund Supplemental Items $96,667 $89,167 $89,167 $275,000 43Annual Program of Services- 2018 General Fund Department Item Description FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Ongoing Expenditures Police Evidence Custodian This is a full time evidence custodian who will also assist the patrol officer and staff with the police records, files, and process evidence. This is a required position for the police department to maintain it's professional status. $56,458 $57,358 $56,358 $56,358 $56,358 Police School Crossing Guard To increase the pay of each guard by $1.00 per hour. They work 20 hours per week for 33 weeks per year. This increase in pay will allow the PD to recruit and maintain the number of crossing guards we need to provide the highest level of service we can. $10,500 $10,500 $10,500 $10,500 $10,500 Police Uniform Cleaning This request is to provide uniform cleaning 3 times a week for the officers. The Town provides the officers with the complete uniform. We believe that this service would extend the life and the look of our uniforms. $8,500 $8,500 $8,500 $8,500 $8,500 EMS Part-Time Firefighter Pay & Time Increase Increase base pay from $15/per hour to $17.50 an hour to be competitive with surrounding communities. Increase part time from .33 to .57 FTEs. This increase will allow for there to be a 5 man crew on at all times including sick and training days. This part time position is budgeted to work 14 hours a day (peak hour staffing). $13,849 $13,849 $13,849 $13,849 $13,849 Fire Part-Time Firefighter Pay & Time Increase Increase base pay from $15/per hour to $17.50 an hour to be competitive with surrounding communities. Increase part time from .33 to .57 FTEs. This increase will allow for there to be a 5 man crew on at all times including sick and training days. This part time position is budgeted to work 14 hours a day (peak hour staffing). $13,849 $13,849 $13,849 $13,849 $13,849 Supplemental Items FY18 (Included within the Effective Tax Rate) 44 Annual Program of Services- 2018 General Fund Department Item Description FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Ongoing Expenditures (Continued) EMS Storm Spotter Improve the advanced warning system for severe weather and create a backup communication system for the Emergency Operation Center (EOC) that is not dependent upon local infrastructure in the event of a catastrophic emergency. $6,100 $1,000 $1,000 $2,100 $1,000 Finance Investment Consultant Third party contractor to provide investment analysis and cash flow modeling resulting in a higher investment yield over time. $10,000 $10,000 $- $- $- Information Services Leads Online Leads-on-line is an online database used to track stolen items. $1,400 $1,400 $1,400 $1,400 $1,400 Information Services Firehouse Software Update Adding the Staffing Module and Inspection Software suites to the software $3,370 $676 $676 $676 $676 Total General Fund Supplemental Items (Ongoing Expenditures)$124,026 $117,132 $106,132 $107,232 $106,132 Supplemental Items FY18 (Included within the Effective Tax Rate) 45Annual Program of Services- 2018 General Fund Department Item Description Amount Police Ford Patrol Vehicle Replace the 2012 Tahoe with Ford Police Patrol Vehicle - approx. cost $27000/Base vehicle with approximately $12,000 in equipment FY 18 $ 39,000 EMS Ford Fire Chief's Vehicle Replacement of Equipment for Fire Chief's Vehicle $ 6,000 Parks F250 Crew Cab 4x2 Replace 2004 Dodge Crew Cab. Trading in 3 trucks to offset price by 5k $ 25,513 Parks Reelmaster 3100-D Replacing existing reel mower that was purchased 8 plus years ago (used) $ 31,500 Information Services Inventory System for Town Comprehensive inventory software that allows mobile access and scanning capabilities $ 10,000 Information Services P2P Infrastructure Connect all our remote building locations with point to point wireless connections and stop paying ATT. Return on investment in under 15 years and increased bandwidth across all connections $ 45,418 Total General Fund Capital & Equipment Replacement $ 157,431 Crime Control Prevention District Department Item Description Amount Police Administrative Vehicle New administrative vehicle 2018 Ford and $2000 for police equipment for the vehicle $ 29,000 Information Services CJIS Compliant Wireless Device In order to access certain police data via wireless, it must meet CJIS standards. Part of those standards is to use a wireless device that is certified FIPS 140-2 $ 18,000 Total CCPD Fund Capital & Equipment Replacement $ 47,000 Capital & Equipment Replacement FY18 (Included within the Effective Tax Rate) 46 Annual Program of Services- 2018 General Fund Revenues FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Property Tax $4,547,901 $5,205,437 $5,769,797 $6,185,631 $6,239,780 $6,439,666 $6,708,163 $6,887,289 Licenses and Permits 893,733 697,378 598,586 552,200 292,100 243,100 205,700 123,515 Franchise Fees 772,621 811,052 953,622 986,799 881,655 869,631 858,591 847,301 Sales Tax 662,723 751,510 821,227 900,395 930,997 964,299 1,029,571 1,063,015 Fines and Fees 551,899 574,558 356,307 361,906 348,793 341,824 344,971 348,168 Intergovernmental 386,879 126,134 - - 581,633 608,896 627,163 645,978 Charges for Service 236,719 282,956 300,337 279,964 771,024 776,330 796,035 816,299 Interest Income 2,942 7,829 33,477 30,000 45,000 40,000 40,000 40,000 Miscellaneous Income 109,621 88,993 259,315 144,394 115,645 85,144 85,894 86,667 Grant Revenue 58,892 73,343 - - - - - - Total Revenues $8,223,930 $8,619,191 $9,092,668 $9,441,289 $10,206,627 $10,368,890 $10,696,088 $10,858,232 Expenditures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Manager's Office $829,603 $1,030,977 $826,562 $801,974 $616,592 $626,131 $643,889 $653,030 Administrative Services 74,282 99,862 159,216 198,268 159,699 385,805 393,232 400,143 Information Services 333,767 509,301 478,364 663,244 572,970 677,271 577,204 588,942 Legal 196,520 176,384 307,245 130,663 125,396 129,988 130,066 133,082 Municipal Court 79,573 80,754 75,421 83,775 79,401 82,013 82,566 84,073 Police 2,065,028 1,974,596 2,223,459 2,353,452 2,043,136 2,367,813 2,460,519 2,524,901 Emergency Medical Services 808,788 865,699 923,247 1,022,642 1,063,274 1,090,360 1,133,607 1,218,361 Fire - - - - 1,067,598 1,082,563 1,025,214 1,061,449 Streets 403,868 397,770 356,472 423,931 410,616 398,831 421,315 428,317 Medians 294,342 323,438 - - - - - - Parks 1,020,004 968,919 1,340,468 1,838,826 1,701,392 1,542,115 1,506,352 1,832,480 Recreation 503,373 520,979 632,364 678,362 676,246 587,333 669,371 610,789 Community Events 38,805 19,008 26,155 46,178 44,964 47,619 45,619 45,619 Planning & Zoning 260,939 - - - - - - - Community Development 326,821 562,496 576,508 656,220 492,573 642,283 636,874 645,391 Finance 392,220 345,775 400,642 451,778 451,591 523,132 530,802 531,066 Facilities Maintenance 81,550 108,065 99,528 148,671 135,771 219,250 215,310 221,876 Total Expenditures $7,709,485 $7,984,023 $8,425,653 $9,497,984 $9,641,218 $10,402,506 $10,471,940 $10,979,519 Other Sources (Uses)FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Transfers In $11,000 $11,000 $111,702 $63,000 $63,000 $63,000 $61,500 $61,500 Transfers Out (10,818) - (275,744) (250,000) (707,484) - $- $- Total Other Sources (Uses) $182 $11,000 $(164,042) $(187,000) $(644,484) $63,000 $61,500 $61,500 Fund Balance FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning fund balance $2,530,394 $3,045,021 $3,691,189 $3,833,171 $4,194,162 $4,115,087 $4,144,471 $4,430,119 Net increase (Decrease) 514,627 646,168 502,973 (243,695) (79,075) 29,384 285,648 (59,787) Ending Fund Balance $3,045,021 $3,691,189 $4,194,162 $3,589,476 $4,115,087 $4,144,471 $4,430,119 $4,370,332 Fund Balance Detail FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Reserve Fund balance (30% of Total Expenditures) $2,312,845 $2,395,207 $2,527,696 $2,849,395 $2,892,365 $3,120,752 3,141,582 3,293,856 Assigned Fund Balance 228,138 228,138 - - - - - - Committed Fund Balance - 200,000 180,000 168,000 156,000 156,000 144,000 132,000 Unassigned Fund Balance in Excess (Deficit) of 30% 504,038 867,844 1,486,466 572,081 1,066,722 867,719 1,144,537 944,476 Total Fund Balance $3,045,021 $3,691,189 $4,194,162 $3,589,476 $4,115,087 $4,144,471 $4,430,119 $4,370,332 48 Annual Program of Services- 2018 General Fund Revenue The largest revenue source in the General Fund is the ad valorem property tax. Property tax revenues are calculated by multiplying the tax rate by the property tax base. The tax rate for the FY18 adopted budget is based on a $0.451442 ad valorem tax rate. This rate is the calculated effective tax rate that would provide the same level of revenue on existing properties as FY17. The ad valorem tax rate is comprised of two components; the first is the Maintenance and Operations component (M&O) that is used to calculate revenue to fund the Town’s General Fund operations such as Police and administration; the second component is the Interest & Sinking (I&S) portion that is used to calculate revenue to pay the Town’s general debt service obligations. The property tax base is calculated by both Denton County and Tarrant County, since the Town of Trophy Club has property in both counties. Summing both appraised values together amounts to the total appraised value for Trophy Club. After adding both appraisal rolls, the total property value shows an increase of 10.6% over the prior year certified values, and a current average appraised home value of $428,799. In FY18, 45 homes are projected for construction which will continue to increase the total assessed value of Trophy Club, and in turn increase revenues derived from property tax. Over the next year the property tax base is forecast to increase by 5% over the previous fiscal year due to new growth and increased values of existing properties. 0.530000 0.518543 0.499300 0.490000 0.484000 0.473000 0.451442 FY 12 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 Property Tax Rate History $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 FY 14 Actual FY 15 Actual FY 16 Actual FY 17 Budget FY 17 Estimate FY 18 Adopted FY 19 Planning FY 20 Planning GRANT REVENUE MISCELLANEOUS INCOME INTEREST INCOME CHARGES FOR SERVICES INTERGOVERNMENTAL FINES AND FEES SALES TAX FRANCHISE FEES LICENSES AND PERMITS PROPERTY TAXES 49Annual Program of Services- 2018 General Fund Revenue Sales Tax is the second largest revenue source in the General Fund. Consumers pay 8.25% in sales tax in the Town of Trophy Club. Of that, the State of Texas charges 6.25% sales tax. Local governments have an additional 1.0% sales tax that they automatically receive. The remaining 1.0% of sales tax has to be approved for specific use by voters. The 2.0% of sales tax that the Town collects is distributed as follows: the General Fund receives 1% of the sales tax, 0.5% goes to fund the Economic Development 4B Fund, 0.25% goes to the Street Maintenance Sales Tax Fund, and 0.25% goes to the Crime Control Prevention District Fund. Included in the sales tax totals are the Mixed Beverage tax, which amounts to 2.68% of the revenue for this category. The FY18 budget projects a 3.58% growth in total receipts over the current year’s estimate. The sales tax revenue is dependent on local economic conditions and can fluctuate. Future projections include the addition of two new restaurants Meat U Anywhere BBQ and Bread Winners & Quarter Bar, which opened in 2016. Franchise Fees are the third largest revenue source in the General Fund. These fees are charged to gas, electric, telecommunications, solid waste, and cable companies for the use of the Town’s right-of-ways. In September 2015, the Town Council took action to increase the solid waste franchise fees from 6% to 12% and the gas franchise from 4% to 5%. They are projected based on past and current trends and franchisees’ estimates. Franchise fees are projected to decrease 1.36% over the FY17 estimate. Sales Tax Breakdown State of Texas 6.25% Trophy Club 1.00% TC Economic Development 0.50% Street Maintenance 0.25% CCPD 0.25% Total 8.25% Sales Tax Licensing and Permits was the fourth largest revenue source for the General Fund, but is now the seventh due to the Town approaching substantial build-out. The heavy reduction in revenue derived from licensing and permits is considered when looking to the future. Increased property valuation from new properties on future tax rolls will make up for the substantial loss of this revenue source along with increased collections of sales taxes and franchise fees. This revenue source grouping contains building and miscellaneous permits, and is expected to decrease 16.78% from the FY17 estimate. Licensing and Permits $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 Electric Gas Telecommunications Cable Refuse $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 50 Annual Program of Services- 2018 General Fund Revenue Franchise Fees Fines and Fees are charges for utilizing a government service or receiving a penalty. The main revenue sources for Fines and Fees are development related fees, recreational fees, and court related fines and fees. • Development-related fees (composed of P & Z administrative fees, developer fees, zoning fees, and platting fees) are expected to decrease $3,801 or 36.20% compared to the FY17 estimate due to oncoming build-out. The majority of revenue received is from developer fees. • The Municipal Court derives its revenues from citations primarily associated with motor vehicles, misdemeanors, and code enforcement. The fines and fees from the Municipal Court have remained fairly constant and are projected to remain steady for the next three years. • Recreation-based revenues stem from the pool, community events, and day camp. Pool entry fee revenue is expected to increase in FY18. As the population increases, recreation-based revenues are projected to increase. This revenue source overall is projected to decrease $2,916 or 1.45% over the FY17 estimate. In general, Fines and Fees are projected to decrease 6,968 or 2.00% from the Fiscal Year 2017 estimate due to a decrease in development related fees. Fines and Fees are expected to increase over the next three fiscal years. Interest Income is expected to stay flat from the FY17 estimate, primarily due to the investment of fund balance in Certificates of Deposit (CDs) that yield a higher interest rate than the Town’s interest bearing accounts. The Town of Trophy Club maintains an investment policy to ensure the safety of principle, maintain sufficient liquidity to meet operational needs, maintain the trust of the public, and optimize interest earnings. Miscellaneous Revenues represent unanticipated revenues as well as minor sources not contained in other categories. Included in this category are other various non-routine revenues received during the year. Tower rental and gas well revenues also fall into this category. This revenue category is expected to decrease due to a one-time payment from FEMA for flood damage repairs. In total, miscellaneous revenue is projected to decrease $30,501 or 26.37% over the FY17 estimate. Fines and Fees $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 FY15 Actual FY16 Actural FY17 Budget FY17 Estimate FY18 Adopted FY19 Planning FY20 Planning Development-Related Fee Total Municipal Court Revenues Recreational Revenues Police Revenues Other Fines & Fees 51Annual Program of Services- 2018 FY 15 Actual FY 16 Actual FY17 Budget FY17 Estimate FY18 Adopted FY19 Planning FY20 Planning Property Tax Property Taxes 5,145,310 5,734,509 6,153,131 6,213,780 6,414,666 6,683,163 6,862,289 Property Taxes/Prior Year 34,924 12,612 15,000 8,000 15,000 15,000 15,000 Property Taxes/P & I 25,203 22,677 17,500 18,000 10,000 10,000 10,000 TOTAL PROPERTY TAXES $5,205,437 $5,769,797 $6,185,631 $6,239,780 $6,439,666 $6,708,163 $6,887,289 SALES TAXES Mixed Beverage Tax 19,982 19,985 24,128 27,747 33,297 39,956 41,954 Sales Tax - General 731,528 801,242 876,267 903,250 931,002 989,615 1,021,061 TOTAL SALES TAXES $751,510 $821,227 $900,395 $930,997 $964,299 $1,029,571 $1,063,015 FRANCHISE FEES Electric 384,566 400,099 420,214 391,469 387,555 383,679 379,842 Gas 61,845 80,423 91,800 80,000 78,400 76,832 75,295 Telecommunications 51,018 53,902 48,906 51,607 50,556 50,325 49,684 Cable 235,335 219,240 230,518 187,207 183,463 179,794 176,198 Refuse 78,289 199,957 195,360 171,371 169,657 167,961 166,281 TOTAL FRANCHISE FEES $811,052 $953,622 $986,799 $881,655 $869,631 $858,591 $847,301 LICENSES AND PERMITS Building Permits 501,420 421,990 366,000 155,000 121,500 96,250 25,000 Fire Permits/Sprinkler - - - 2,100 100 100 100 Miscellaneous Permits 195,958 176,596 186,200 135,000 121,500 109,350 98,415 TOTAL LICENSES AND PERMITS 697,378 598,586 $552,200 $292,100 $243,100 $205,700 $123,515 INTERGOVERNMENTAL MUD Service Contract 26,170 - - - - - - Intergov Trans In MUD 10,000 - - 581,633 608,896 627,163 645,978 Intergov Trans In EDC 89,964 - - - - - - TOTAL INTERGOVERNMENTAL $126,134 $- $- $581,633 $608,896 $627,163 $645,978 GRANT REVENUE Grant Revenue 73,343 - - - - - - TOTAL GRANT REVENUE $73,343 $- $- $- $- $- $- CHARGES FOR SERVICE EMS Runs 162,122 167,421 158,974 180,000 171,700 173,417 175,151 CIA Lien Revenues 1,343 749 - - - - - PID Reimbursement 16,712 25,276 8,000 700 5,000 5,000 5,000 NISD Contribution 102,779 106,891 112,990 112,990 112,990 116,379 119,871 PID Fire Assessment - - - 477,334 486,640 501,239 516,276 TOTAL CHARGES FOR SERVICES $282,956 $300,337 $279,964 $771,024 $776,330 $796,035 $816,299 General Fund Revenue Detail Summary 52 Annual Program of Services- 2018 FINES AND FEES FY 15 Actual FY 16 Actual FY17 Budget FY17 Estimate FY18 Adopted FY19 Planning FY20 Planning P & Z Administrative Fees 1,920 742 1,500 270 1,500 1,000 1,000 Developer Fees 139,329 1,925 5,000 - 5,000 5,000 5,000 Zoning Fees 300 2,514 - 7,151 - - - Platting Fees 619 1,146 1,000 3,080 200 200 200 Denton/Tarrant County City Pledge - EMS 5,562 5,480 5,500 16,000 16,000 16,000 16,000 Municipal Court Fines/Fees 108,245 114,655 108,070 100,000 101,000 102,010 103,030 Municipal Court Child Safety Fees 31,288 4,961 4,200 5,425 5,000 5,000 5,000 Day Camp Programs 62,970 69,063 63,580 65,000 65,650 66,307 66,970 Aquatic Programs 11,262 11,708 13,888 11,000 11,110 11,221 11,333 Pool Concessions 20,984 16,532 14,645 11,000 11,110 11,221 11,333 Pool Entry Fees 105,261 67,293 79,254 65,000 65,000 66,300 67,626 Swim Team Programs 37,550 30,146 34,340 35,500 35,855 36,214 36,576 Records Management Revenue 611 510 500 600 500 500 500 Golf Cart Registration 2,360 2,570 - - - - - City Vehicle Registration Fees/ Child Safety 11,088 12,227 12,500 9,338 9,000 9,000 9,000 Community Events Revenue 7,941 625 - 4,240 - - - Convenience Fees 3,912 1,339 1,000 1,000 1,000 1,000 500 Animal Control 3,823 3,238 3,500 3,500 3,500 3,500 3,500 Misc Police Revenue 268 548 300 789 400 400 400 Pool Rentals 14,015 9,085 13,130 9,900 9,999 10,099 10,200 TC Magazine 5,250 - - - - - - TOTAL FINES AND FEES $574,558 $356,307 361,906 $348,793 $341,824 $344,971 $348,168 INTEREST INCOME Interest Income 7,829 33,477 30,000 45,000 40,000 40,000 40,000 TOTAL INTEREST INCOME $7,829 $33,477 $30,000 $45,000 $40,000 $40,000 $40,000 MISCELLANEOUS Auction Sales 5,450 19,885 - 4,211 - - - Donations 2,180 4,231 17,000 5,790 - - - Tower Revenue 25,875 171,729 46,644 25,644 50,144 50,144 50,144 Recreation Rentals 28,084 28,388 55,000 13,000 10,000 10,000 10,000 Miscellaneous Revenue 27,404 35,082 25,750 67,000 25,000 25,750 26,523 TOTAL MISCELLANEOUS $88,993 $259,315 $144,394 $115,645 $85,144 $85,894 $86,667 TOTAL REVENUES $8,619,190 $9,092,668 $9,441,289 $10,206,627 $10,368,890 $10,696,088 $10,858,232 General Fund Revenue Detail Summary 53Annual Program of Services- 2018 General Fund Expenditures Personnel – Total personnel expenditures are expected to increase $841,316 or 11.58% from the FY17 Budget primarily due to the Town operating the Fire Department under the new agreement with the MUD . FY18 budget includes a full-time Evidence Custodian for the Police department. Also included in the FY18 Budget is a $125,000 merit pool to be distributed during the year. Services and Supplies – The services and supplies budget increased $353,456 or 13.90% from the FY17 Budget, 8.79% of which are supplemental items. The remainder of the increase is derived from the new costs associated with Fire operations. Capital - Capital expenditures include both capital replacement and new capital expenditures. The capital expenditures budget for the general fund decrease $290,249 or 43.95% from the FY17 Budget primarily due to the completion of one time capital projects in FY 17. FY 2017 Budget FY 2017 Estimate FY 2018 Adopted % Change (From FY17 Budget) % Change (From FY17 Estimate) Personnel $6,294,967 $6,325,565 $7,136,283 13.36%12.82% Services & Supplies 2,542,602 2,552,964 2,896,058 13.90%13.44% Capital 660,415 762,689 370,166 -43.95%-51.47% Total $9,497,984 $9,641,218 $10,402,506 9.52%7.90% $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Services & Supplies Capital 54 Annual Program of Services- 2018 55Annual Program of Services- 2018 Manager’s Office Mission To provide leadership and direction for the Trophy Club team by utilizing the best management practices, progressive thinking and planning, as well as promoting a positive public image of the organization and the Town on both a local and regional basis. The Manager’s Office seeks to support the Town’s mission by building strong partnerships and deepening community involvement, creating business-friendly economic development, fostering environmentally sound policies, ensuring the safety and security of all residents and staff, and maintaining financial and operational stewardship. Top 3 Accomplishments for FY17 • Reorganized command structure to eliminate middle management positions, create efficiencies, and better align limited resources • Recruited and staffed five vacant executive positions • Effectively and efficiently managed the new Town Hall construction project to completion. Council Objective Fiscal Year 2018 Departmental Goals Taking deliberate, targeted action resulting from thoughtful analysis, weighing costs and benefits in all situations • Scan all contracts into Laserfiche Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization • Progress PD30 & PD25 developments • Hold biannual offsite Management Team meetings, and one professional development event Operating a limited government with maximum transparency. • Coordinate with Denton and Tarrant County elections to hold May elections at the new Town Hall facility 56 Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL FY 2018 ESTIMATE # of weekly updates for the Town Council 34 52 50 50 50 # of recognitions from local, state, national, and media organizations 6 4 4 4 4 Performance Measure: Open Records Requests (ORRs) Turnaround FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL FY 2018 GOAL Percent of ORRs completed within 5 Days -67.19%78.00%83.98%75.00% Average # of Days to Process - 4.14 3.25 3.43 < 5.00 # of ORRs Processed 334 192 202 181 120 Explanation State law requires that municipal governments provide ORRs back to the requester within 10 business days. Council Objective Operating a limited government with maximum transparency. Measure It is the Town’s goal to process all routine ORR’s within five business days. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $682,554 $910,155 $681,583 $619,236 $499,378 $507,521 -9% Services & Supplies 147,049 120,822 144,978 182,738 117,214 118,610 26% TOTAL $829,603 $1,030,974 $826,561 $801,974 $616,592 $626,131 -3% PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED TOWN MANAGER 1.00 1.00 1.00 ASSISTANT TOWN MANAGER/CFO 1.00 1.00 0.00 TOWN SECRETARY 1.00 1.00 1.00 EXECUTIVE SECRETARY 1.00 1.00 1.00 PIO/MARKETING MANAGER 1.00 0.00 0.00 TOTAL FTEs 5.00 4.00 3.00 57Annual Program of Services- 2018 Manager’s Office FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $489,071 $675,545 $507,107 $454,126 $365,982 $415,264 $434,244 $440,429 Overtime - - - - 500 - - - Longevity 1,583 1,883 1,175 1,218 195 310 430 550 Stipend 7,200 4,000 3,000 2,250 4,500 - - - Retirement 93,378 126,385 79,022 71,725 56,616 50,645 51,672 52,720 Medical Insurance 34,842 43,011 40,310 46,391 29,306 10,550 10,550 10,550 Dental Insurance 2,828 2,975 3,137 2,795 1,323 797 797 797 Vision Insurance 654 606 533 239 146 90 90 90 Life Insurance & Other 2,840 2,954 3,200 2,318 1,654 1,613 1,613 1,613 Social Security Taxes 27,690 31,152 26,388 23,254 21,617 16,120 16,304 16,492 Medicare Taxes 7,207 9,737 7,060 6,635 5,248 4,401 4,490 4,582 Unemployment Taxes 1,247 2,024 878 684 166 513 513 513 Workers' Compensation 1,377 1,459 1,088 1,151 911 768 784 799 Pre-Employment Physical/Testing 105 113 - - 1,248 - - - Auto Allowance 12,039 7,660 6,054 6,000 4,125 6,000 6,000 6,000 Employee Relations 493 652 2,632 450 5,841 450 450 450 Total Personnel $682,554 $910,155 $681,583 $619,236 $499,378 $507,521 $527,937 $535,585 Services/Supplies Professional Outside Services $8,911 $5,925 $6,117 $42,000 $7,195 $225 $225 $225 TC Magazine - 13,050 - - - - - - Records Management 1,628 1,750 2,912 2,660 3,635 3,325 3,360 3,700 Newsletter/Year-In-Review 6,634 9,788 5,438 11,000 2,963 - - - Elections 16,351 12,685 36,098 20,100 7,500 15,000 15,450 15,915 Meals on Wheels 2,000 - - - - - - - Advertising 2,302 3,089 10,256 5,900 6,750 5,000 5,150 5,305 Printing 144 1,027 864 1,424 1,200 4,200 3,725 3,725 Schools & Training 3,665 3,893 3,499 5,055 1,542 2,180 2,330 2,262 Telephone 200 - - - 3,188 1,800 1,800 1,800 Communications/Pagers/Mobiles 4,326 3,891 3,590 2,700 750 - - - Independent Labor 1,652 1,577 1,473 1,800 12,410 16,695 16,760 16,895 Dues & Membership 15,096 20,533 17,845 21,527 3,124 4,495 4,900 5,010 Travel & Per Diem 6,450 5,466 2,644 6,794 1,345 2,924 3,044 2,949 Meetings 3,949 4,555 2,755 8,176 1,500 2,000 1,000 1,000 Office Supplies 2,672 1,814 811 2,000 1,464 1,464 1,464 1,464 Postage 1,727 1,318 2,072 1,764 866 250 251 252 Publications/Books/Subscriptions 199 25 988 164 20,557 23,344 20,994 21,144 Mayor/Council Expense 23,419 13,674 21,535 22,949 1,300 - - - Small Equipment - - - - 400 1,000 500 500 Furniture/Equipment <$5,000 1,943 465 - 200 - - - - Contingency Expense 42,495 14,333 15,266 10,000 25,000 25,000 25,000 25,000 Miscellaneous Expense 1,287 1,966 10,816 7,100 5,100 - - - Incentive Program - - - 9,425 9,425 9,708 9,999 10,299 Total Services/Supplies $147,049 $120,822 $144,978 $182,738 $117,214 $118,610 $115,952 $117,445 Total Expenditures $829,603 $1,030,974 $826,561 $801,974 $616,592 $626,131 $643,889 $653,030 58 Annual Program of Services- 2018 Legal Mission To assist the Town of Trophy Club in achieving its goals and objectives by providing legal services that offer efficient and ethical Town representation consistent with professionally-accepted legal practices. Top 3 Accomplishments for FY17 • Negotiated and executed Interlocal Agreement to operate the Fire Department • Provided legal services and assistance during a period of transition in many departments, including Legal • Provided legal support during Town Manager resignation, search and hiring of new Town Manager 59Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ # of Ordinances/Resolutions/documents reviewed/prepared 260 250 118 225 100 # of Requests for general legal research/advice 1,510 1,500 1,861 1,900 1,900 # of Agendas reviewed 40 40 54 50 50 # of cases prosecuted 336 300 328 287 300 FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $155,337 $160,259 $220,324 $- $- $- NA Services & Supplies 41,183 16,125 86,921 130,663 125,396 129,988 -1% TOTAL $196,520 $176,384 $307,245 $130,663 $125,396 $129,988 -1% PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED TOWN ATTORNEY 0.00 0.00 0.00 TOTAL FTEs 0.00 0.00 0.00 60 Annual Program of Services- 2018 LEGAL FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $115,964 $117,433 $168,093 $- $- $- $- $- Longevity 968 1,058 1,148 - - - - - Stipend 1,800 750 750 - - - - - Retirement 20,860 24,900 33,849 - - - - - Medical Insurance 5,334 5,570 3,906 - - - - - Dental Insurance 364 389 280 - - - - - Vision Insurance 81 81 55 - - - - - Life Insurance & Other 692 693 497 - - - - - Social Security Taxes 7,129 7,388 8,873 - - - - - Medicare Taxes 1,722 1,728 2,440 - - - - - Unemployment Taxes 207 9 171 - - - - - Workers' Compensation 216 261 262 - - - - - Total Personnel $155,337 $160,259 $220,324 $- $- $- $- $- Services/Supplies Professional Outside Services $33,024 $6,632 $79,365 $122,000 $118,200 $126,000 $126,120 $129,000 Schools & Training 270 299 - - - - - - Telephone 7 - - - - - - - Communications/Pagers/Mobiles 614 466 392 - - - - - Dues & Membership 315 465 - - - - - - Travel & Per Diem 559 1,376 - - - - - - Office Supplies 147 117 223 130 203 250 100 100 Postage - 60 25 50 50 50 50 50 Publications/Books/Subscriptions 6,247 6,709 6,916 8,383 6,852 3,588 3,696 3,807 Miscellaneous Expense - - - 100 91 100 100 125 Total Services/Supplies $41,183 $16,125 $86,921 $130,663 $125,396 $129,988 $130,066 $133,082 Total Expenditures $196,520 $176,384 $307,245 $130,663 $125,396 $129,988 $130,066 $133,082 61Annual Program of Services- 2018 Police Mission To promote and maintain a safe and peaceful community and enforce all laws without prejudice or bias, utilizing proactive partnerships to anticipate and meet the challenges of our changing environment. We will accomplish this mission by standing committed to a standard of excellence and maintaining that we are accountable for our actions to one another and the community we serve. Top 3 Accomplishments for FY17 • Trophy Club is ranked the "Safest City" in Texas by SafeWise • Obtained recognition by the Texas Chiefs of Police Association • Increased community outreach programs through the use of social media, volunteer, and direct programming Council Objective Fiscal Year 2018 Departmental Goals Exceeding high standards for public safety and low crime rates • Increase volunteer involvement with the COP program • Decrease response times to 2:00 • Work with NISD to develop and teach a leadership class for students 62 Annual Program of Services- 2018 PERFORMANCE MATRIX Performance Measure - Volunteer Hours FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 GOAL # of citizen volunteer hours with the Police Department 3,407 4,709 2,114 806*2,000 Explanation Utilization of volunteers saves the Town and Trophy Club tax payers money, as well as increases the service level that the police can provide. Council Objective Exceed high standards for public safety and low crime rate. Measure It is the Town’s goal to utilize the citizen volunteers for at least 2,000 hours for FY18. Performance Measure -Police Response Time (Priority 1 Calls) FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL FY 2018 GOAL Average response time for calls for assistance (Min)1.94 Min 1.88 Min 1.81 Min 2.44 Min < 2.00 Min Explanation Lower response time is commonly associated with community security and citizens' satisfaction. Priority 1 calls are those deemed critical. Council Objective Exceed high standards for public safety and low crime rate. Measure It is the Town’s goal to have under a 2 minute average response time for priority 1 calls. * In FY 2017 the Volunteer hours was down due to the lack of a facility and the Citizen patrol vehicle (COP) taken out of service. The PD has worked with the TCEVA and the Town Manager to increase these hours and meet our FY 2018 goals. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $1,785,362 $1,707,897 $1,860,105 $2,056,122 $1,697,205 $2,095,133 2% Services & Supplies 230,562 262,540 315,993 261,330 271,286 233,680 -11% Capital 49,105 4,160 47,362 36,000 74,645 39,000 8% TOTAL $2,065,028 $1,974,594 $2,223,459 $2,353,452 $2,043,136 $2,367,813 1% 63Annual Program of Services- 2018 PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED POLICE CHIEF 1.00 1.00 1.00 POLICE LIEUTENANT 1.00 1.00 1.00 CID SERGEANT 1.00 1.00 1.00 POLICE SERGEANT 4.00 4.00 4.00 ANIMAL CONTROL/PUBLIC SERVICE OFFICER 1.00 1.00 1.00 DETECTIVE/JUVENILE INVESTIGATOR 1.00 1.00 1.00 SRO 2.00 2.00 2.00 POLICE OFFICER 10.00 10.00 10.00 INVESTIGATIVE ASSISTANT 0.50 0.50 1.00 POLICE ADMINISTRATIVE ASSISTANT 1.00 1.00 1.00 EVIDENCE CUSTODIAN 0.00 0.00 1.00 SEASONAL SCHOOL CROSSING GUARD 3.15 3.15 3.15 TOTAL FTEs 25.65 25.65 27.15 Police FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $1,208,716 $1,165,261 $1,275,122 $1,454,558 $1,210,346 $1,488,834 $1,517,681 $1,547,105 Overtime 56,032 55,386 80,503 55,000 66,542 55,000 55,000 55,000 Longevity 11,828 12,073 11,105 6,973 6,005 8,298 9,837 11,376 Stipend 24,900 16,600 15,750 16,500 10,600 - - - Certification 14,049 12,297 11,929 9,300 9,113 9,300 9,300 9,300 Holiday Pay 24,890 19,836 23,658 - - - - - Retirement 183,548 167,155 172,155 190,667 162,397 191,386 195,106 198,897 Medical Insurance 109,937 109,093 107,728 148,525 90,678 163,972 163,972 163,972 Dental Insurance 9,150 8,645 9,198 10,181 7,451 11,428 11,428 11,428 Vision Insurance 2,165 1,891 1,842 1,194 1,010 1,389 1,389 1,389 Life Insurance & Other 9,769 8,967 10,137 8,481 6,622 8,875 8,875 8,875 Social Security Taxes 79,741 76,509 84,510 93,480 76,343 94,862 96,570 98,311 Medicare Taxes 18,649 17,894 19,866 22,349 18,239 22,504 22,944 23,393 Unemployment Taxes 5,594 1,208 5,955 4,549 981 5,175 5,175 5,175 Workers' Compensation 23,699 31,310 24,469 31,165 24,652 31,410 32,037 32,675 Pre-Employment Physicals/Testing 714 2,537 4,992 2,000 4,951 1,500 1,500 1,500 Clothing Allowance 1,979 1,235 1,186 1,200 1,275 1,200 1,200 1,200 Total Personnel $1,785,362 $1,707,897 $1,860,105 $2,056,122 $1,697,205 $2,095,133 $2,132,014 $2,169,596 64 Annual Program of Services- 2018 Police FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Professional Outside Services $- $8,370 $40,491 $14,833 $15,133 $7,000 $5,250 $3,750 Records Management - 277 925 1,000 1,500 - - - Advertising 148 154 4,976 6,000 5,700 2,000 2,000 4,000 Printing 339 590 779 700 500 700 600 800 Schools & Training 6,693 4,774 12,422 9,900 7,799 9,800 10,150 9,900 Electricity 15,953 15,591 14,781 13,400 13,250 - - - Water 1,203 835 823 1,040 992 - - - Telephone 221 - - - - - - - Communications/Pagers/Mobiles 9,654 10,347 15,063 16,472 13,759 14,700 14,800 14,900 Building Maintenance 6,457 16,374 7,287 8,000 9,500 - - - Vehicle Maintenance 30,551 20,808 37,375 20,000 42,002 26,400 27,750 25,250 Equipment Maintenance 3,813 3,357 4,579 3,700 950 4,425 4,050 2,950 Cleaning Services - 197 - - - - - - Qualifying Expenses 981 4,475 12,424 10,600 13,200 9,900 9,900 9,300 Emergency Management - 1,000 54 2,000 2,153 - - - Dispatch - Denton County 51,141 36,816 32,369 31,000 30,447 42,000 44,000 46,000 Independent Labor 4,710 4,450 2,750 7,000 9,200 6,000 6,000 12,000 Dues & Membership 1,702 985 1,707 2,655 2,710 2,505 2,855 2,705 Travel & Per Diem 5,024 7,906 8,089 10,500 10,000 9,000 9,500 9,000 Meetings 153 451 1,064 500 516 600 600 600 Office Supplies 2,087 3,677 3,886 2,350 2,700 2,100 1,650 1,650 Postage 1,099 407 461 550 500 550 550 550 Publications/Books/Subscription 1,296 226 537 1,600 1,600 1,000 1,600 1,000 Fuel 48,207 27,205 26,010 31,680 26,775 40,000 44,000 46,000 Uniforms 14,319 24,261 22,304 16,400 17,000 22,900 20,900 20,300 Protective Clothing 2,268 6,826 1,530 - - - - - Investigative Materials 6,041 8,416 6,376 6,900 6,300 5,000 5,500 5,500 Golf Cart Stickers - - - 750 - - - - Animal Control 4,772 5,708 5,104 6,500 6,500 6,500 7,250 7,250 Small Equipment 4,382 15,118 26,904 2,300 11,000 1,900 3,400 2,700 Furniture/Equipment <$5,000 479 2,640 385 - - - 2,000 2,000 Maintenance Supplies 2,832 3,066 2,308 2,300 2,500 - - - Miscellaneous Expense 750 2,391 6,096 1,500 1,500 2,000 2,000 2,000 Programs & Special Projects 3,286 24,844 16,138 29,200 15,600 16,700 16,700 16,700 Total Services/Supplies $230,562 $262,540 $315,993 $261,330 $271,286 $233,680 $243,005 $246,805 Capital Capital Outlay $49,105 $4,160 $47,362 $36,000 $74,645 $39,000 $85,500 $108,500 Total Capital $49,105 $4,160 $47,362 $36,000 $74,645 $39,000 $85,500 $108,500 Total Expenditures $2,065,028 $1,974,594 $2,223,459 $2,353,452 $2,043,136 $2,367,813 $2,460,519 $2,524,901 65Annual Program of Services- 2018 Emergency Medical Services & Fire Mission To provide quality service to the citizens of Trophy Club by providing timely and efficient response to fire, medical, rescue, and calls for public service. Our mission enhances the Town’s mission by providing a safe and secure environment to all Town residents as well as developing strong partnerships and community involvement. Top 3 Accomplishments for FY17 • The Trophy Club Fire Department has developed Standard Operating Procedures including a process by which the procedures are reviewed and updated each year with input from all levels within the department. SOPs ensure that the entire department understands their roles and responsibilities and act together as a single cohesive group both on emergency scenes and how we run the fire department on a daily basis. • This year the fire department with help from neighboring agencies was tested to the extreme when on May 4th we responded to the Plantation Oaks apartments where an apartment building was on fire. On a very windy day where the fire could have spread easily to another building or two the fire was controlled and several pets were rescued from the apartments directly below the fire. This was a large fire that was controlled in 25 minutes from the time of notification to the time the fire was declared under control with no further loss to the structure. The men and women of your Trophy Club Fire Department proved that we are prepared to handle emergencies within our community. • The fire department is moving in a new direction of embracing technology and this year we have made a leap forward in how we serve our customers having cardiac issues. With the addition of the Pulsara application the fire department can now cut down the time between the onset of cardiac related symptoms and the definitive care needed to correct issues. Pulsara allows paramedics in the field to send diagnostic material directly to cardiac physicians and activate the heart cath team at Baylor Grapevine from the back of our ambulance or from inside a residents home. This can greatly reduce wait time while the teams prepare for a needed surgical intervention and often our firefighters are taking patients directly into the operating room. Council Objective Fiscal Year 2018 Departmental Goals Exceeding high standards for public safety and low crime rates • EMS preplans for special events & high hazards • Decrease the call to balloon/call to needle time for MI and stroke patients • Determine current response times at 90% and establish a response time benchmark • Increase CPR save rates and ROSC • Improve the marketing tactics for public education events • Improved training for staff conducting public education • Increase amount of hands on training • Determine current response times at 90% and establish a response time benchmark • Increase the number of critical tasks that can be accomplished on EMS and fire scenes during peak run times • Create response standards for all call types • Pre-plan for 2 special events & 2 high hazard facilities • Increase the level of knowledge and abilities of fire inspectors In FY 2017 the Town was contracted by the MUD to administer Fire operations. 66 Annual Program of Services- 2018 FINANCIAL SUMMARY EMS FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $711,887 $745,108 $799,459 $840,582 $824,570 $822,435 -2% Services & Supplies 64,208 79,772 107,702 150,060 145,532 165,258 10% Capital 32,693 40,818 16,086 32,000 93,172 102,667 221% TOTAL $808,786 $865,697 $923,248 $1,022,642 $1,063,274 $1,090,360 7% FINANCIAL SUMMARY Fire FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Est. vs. Ad) Personnel $- $- $- $- $819,872 $839,693 2% Services & Supplies - - - - 202,829 242,870 20% Capital - - - - 44,898 - -100% TOTAL $- $- $- $- $1,067,598 $1,082,563 1% In FY 2017 the Town was contracted by the MUD to administer Fire operations. PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FIRE CHIEF 0.50 0.50 1.00 FIRE CAPTAIN 1.50 1.50 3.00 DRIVER/ENGINEER 1.50 1.50 3.00 FIREFIGHTER/PARAMEDIC 4.50 4.50 9.00 PART-TIME FIREFIGHTERS 0.30 0.30 1.04 TOTAL FTEs 8.30 8.30 17.04 67Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ EMS alarms responded to 395 463 447 475 480 Fire alarms responded to ---377 380 Medical transports completed 242 232 296 318 320 Continuing education training hours (total employees)804 774 2,303 2,100 2,000 Performance Measure - response time FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 GOAL EMS average response time (in- district)5:35 5:42 5:00 5:31 < 6:00 Response time to EMS alarms in less than six minutes 62%56%94%76%75% Fire average response time (in- district)---5:44 < 6:00 Response time to fire alarms in less than six minutes ---55%75% Explanation The quicker emergency responders can arrive the quicker life saving support can be given. This number not only affects the number of lives saved but also insurance rates within the Town. Council Objective Exceed high standards for public safety and low crime rate. Measure It is the Town’s goal to respond to in district EMS and Fire alarms in less than six minutes. EMS FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $455,011 $477,487 $512,086 $551,224 $531,565 $548,375 $559,065 $569,970 Overtime 40,075 41,515 58,919 50,237 65,773 50,122 50,122 50,122 Longevity 4,655 5,291 5,730 5,618 5,599 5,879 6,419 6,959 Stipend 9,150 11,250 9,750 12,000 6,313 - - - Certification 5,119 5,129 5,140 5,400 5,609 4,950 4,950 4,950 Holiday Pay 13,290 14,461 14,718 - 14,718 - - - Retirement 75,410 75,464 73,242 80,264 76,213 79,810 81,318 82,855 Medical Insurance 54,500 57,450 58,498 68,414 61,223 63,384 63,384 63,384 Dental Insurance 4,154 4,381 4,620 4,797 4,286 4,285 4,285 4,285 Vision Insurance 824 768 858 479 425 433 433 433 Life Insurance & Others 3,861 3,828 4,140 3,684 2,818 3,674 3,674 3,674 Social Security Taxes 30,189 31,805 33,612 37,974 33,214 36,920 37,616 38,325 Medicare Taxes 7,062 7,440 7,863 9,055 7,784 8,634 8,797 8,963 Unemployment Taxes 1,648 (5) 1,514 1,467 194 1,424 1,424 1,424 Workers' Compensation 6,768 8,425 7,969 9,969 7,887 9,945 10,144 10,347 Pre-Employment Physicals/Testing 171 421 800 - 949 4,600 4,738 4,880 Total Personnel $711,887 $745,108 $799,459 $840,582 $824,570 $822,435 $836,369 $850,571 In FY 2017 the Town was contracted by the MUD to administer Fire operations. 68 Annual Program of Services- 2018 EMS FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services/Supplies Professional Outside Services $- $- $2,231 $15,000 $2,000 $- $- $- Collection Fees 14,989 13,942 21,004 18,000 22,750 23,432 24,603 28,294 Hazmat Disposal 3,194 931 608 1,065 1,065 1,065 1,097 1,129 Radios - 82 2,486 2,000 1,780 3,000 3,000 3,000 Schools & Training 1,150 814 2,476 5,805 5,805 4,508 2,705 3,455 Electricity 6,960 6,920 5,766 7,400 7,400 8,140 8,954 9,849 Water 1,353 1,575 1,925 2,600 3,575 4,648 5,577 6,135 Telephone 7 - - - - - - - Communications/Pagers/Mobiles 2,658 1,984 4,558 3,247 4,267 6,500 6,600 6,700 Building Maintenance 326 812 657 2,000 2,779 2,000 3,000 4,000 Vehicle Maintenance 5,424 6,437 4,979 9,200 10,600 15,645 19,863 20,459 Equipment Maintenance 799 4,835 315 10,900 10,000 10,096 9,096 9,096 Emergency Management - 2,180 1,746 2,500 4,500 13,430 8,599 8,617 Dispatch - Denton County 1,295 2,216 2,472 2,550 2,029 2,723 2,859 3,388 Dues & Membership 1,727 651 1,249 1,634 2,399 3,879 3,009 3,879 Flags & Repairs 1,767 2,210 2,728 3,536 3,535 7,412 8,119 7,833 Travel & Per Diem 636 605 2,115 2,325 2,000 3,910 3,910 3,910 Meetings 28 33 - 100 100 750 515 530 Safety Programs - - - 1,850 1,270 1,700 1,977 1,754 Inspection Fees - - - 870 870 - 870 - Office Supplies 180 117 252 225 500 500 507 515 Postage 12 159 45 100 100 100 100 100 Publications/Books/Subscriptions - - - 3,913 3,900 300 300 300 Fuel 5,714 5,776 3,452 5,520 5,520 8,987 9,256 9,534 Uniforms 2,698 2,403 8,661 9,500 9,438 6,687 5,297 5,451 Medical Control 3,024 6,959 12,799 12,750 12,750 8,007 8,001 8,500 Pharmacy 2,579 3,442 5,482 5,000 8,000 7,920 8,157 8,401 Oxygen 1,078 1,125 1,084 2,300 2,300 2,820 2,904 2,991 Disposable Supplies 5,949 8,283 7,791 6,140 10,000 11,400 11,742 12,094 Small Equipment - 4,787 9,817 11,505 3,000 3,900 1,800 1,800 Maintenance Supplies - 91 - 300 300 300 309 318 Miscellaneous Expense 663 404 1,003 225 1,000 1,500 1,545 1,591 Total Services/Supplies $64,208 $79,772 $107,702 $150,060 $145,532 $165,258 $164,271 $173,623 Capital Capital Outlay $32,693 $40,818 $16,086 $32,000 $93,172 $102,667 $132,967 $194,167 Total Capital $32,693 $40,818 $16,086 $32,000 $93,172 $102,667 $132,967 $194,167 Total Expenditures $808,786 $865,697 $923,248 $1,022,642 $1,063,274 $1,090,360 $1,133,607 $1,218,361 In FY 2017 the Town was contracted by the MUD to administer Fire operations. 69Annual Program of Services- 2018 Fire FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $- $- $- $- $531,565 $558,792 $569,691 $580,808 Overtime - - - - 65,773 50,122 50,122 50,122 Longevity - - - - 5,599 5,879 6,419 6,959 Stipend - - - - 6,313 - - - Certification - - - - 5,609 4,950 4,950 4,950 Holiday Pay - - - - - - - - Retirement - - - - 76,213 81,248 82,785 84,351 Medical Insurance - - - - 61,223 62,650 62,650 62,650 Dental Insurance - - - - 4,286 4,285 4,285 4,285 Vision Insurance - - - - 425 433 433 433 Life Insurance & Others - - - - 2,818 3,746 3,746 3,746 Social Security Taxes - - - - 33,214 37,565 38,275 38,997 Medicare Taxes - - - - 7,784 8,785 8,951 9,120 Unemployment Taxes - - - - 194 1,424 1,424 1,424 Workers' Compensation - - - - 7,887 10,139 10,341 10,548 Pre-Employment Physicals/Testing - - - - 8,785 4,600 4,738 4,880 Tuition Reimbursement - - - - 2,184 5,075 6,000 6,000 Total Personnel $- $- $- $- $819,872 $839,693 $854,810 $869,273 In FY 2017 the Town was contracted by the MUD to administer Fire operations. 70 Annual Program of Services- 2018 Fire FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services/Supplies Professional Outside Services $- $- $- $- $2,504 $- $- $- Software & Support - - - - 2,506 6,943 7,104 7,265 Advertising - - - - 250 500 500 500 Printing - - - - 495 250 257 265 Schools & Training - - - - 7,880 15,670 3,735 1,800 Electricity - - - - 7,400 8,140 8,954 9,849 Water - - - - 3,575 4,648 5,577 6,135 Communications/Pagers/Mobiles - - - - 11,089 13,245 8,894 8,894 Building Maintenance - - - - 13,500 16,750 17,215 17,693 Vehicle Maintenance - - - - 26,500 46,000 47,380 48,802 Equipment Maintenance - - - - 12,000 17,240 17,756 17,237 Emergency Management - - - - 1,919 1,000 - - Dispatch - Denton County - - - - 2,376 2,723 2,859 3,288 Dues & Membership - - - - 16,000 19,295 1,000 1,000 Flags & Repairs - - - - 3,311 3,500 - - Travel & Per Diem - - - - 1,500 7,066 - - Safety Programs - - - - 3,375 - - - Office Supplies - - - - 815 250 258 265 Printer Supplies - - - - - 1,400 1,400 1,400 Postage - - - - 51 50 52 54 Publications/Books/Subscriptions - - - - 350 350 360 372 Fuel - - - - 21,111 13,613 - - Uniforms - - - - 11,000 6,687 5,548 5,715 Safety Equipment/Protective Clothing - - - - 29,264 30,200 13,490 32,839 Small Equipment - - - - 14,600 5,000 5,150 5,305 Hardware - - - - - 1,100 1,133 1,167 Maintenance Supplies - - - - 1,000 1,500 1,545 1,592 Miscellaneous Expense - - - - 2,000 6,000 6,180 6,365 Programs & Special Projects - - - - 6,458 13,750 14,057 14,374 Total Services/Supplies $- $- $- $- $202,829 $242,870 $170,404 $192,176 Capital Capital Outlay $- $- $- $- $44,898 $- $- $- Total Capital $- $- $- $- $44,898 $- $- $- Total Expenditures $- $- $- $- $1,067,598 $1,082,563 $1,025,214 $1,061,449 In FY 2017 the Town was contracted by the MUD to administer Fire operations. 71Annual Program of Services- 2018 Streets Mission To provide a safe, clean, and well-maintained roadway system to the residents of Trophy Club. Top Accomplishment for FY17 • Completed the Veterans Memorial and Harmony Park parking lot projects • Repainted various crosswalks • Installed temporary parking in front of Town Hall Council Objective Fiscal Year 2018 Departmental Goals Maintaining and improving street and storm drainage infrastructure Maintaining Town assets, services, and Code of Ordinances that preserve the natural beauty of Trophy Club • Finish & accept Indian Creek & Phoenix Drive, bid out Trophy Club Drive finish & accept Indian Creek & Phoenix Drive, bid out Trophy Club Drive • Work with Communication & Special Event Manager to create an app for reporting needed street repairs • Inspect, clean & repair drainage inlets & outfall structures twice annually • Repaint all striping within Town limits Exceeding high standards for public safety and low crime rates.• Maintain & program flashers during the year 72 Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ Streets sweeping (curb miles)93 95 104.5 105 105 Striping (linear feet)39,500 41,500 41,000 41,000 40,000 Concrete placed/poured (cubic yards)400 215 361 42 300 Ratio of lane miles of street maintained per employee 30:01 30:01 45:1 45:1 45:1 PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED PROJECT MANAGER 1.00 1.00 0.80 STREETS SUPERVISOR 1.00 1.00 0.80 FACILITY MAINTENANCE 1.00 1.00 1.00 TOTAL FTEs 3.00 3.00 2.60 FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $234,485 $188,757 $193,437 $242,793 $234,240 $206,432 -15% Services & Supplies 169,383 153,831 163,035 181,138 176,376 192,399 6% Capital - 55,181 - - - - N/A TOTAL $403,868 $397,770 $356,474 $423,931 $410,616 $398,831 -6% 73Annual Program of Services- 2018 Streets FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $156,796 $129,912 $136,318 $175,157 $170,484 $144,414 $147,303 $150,249 Overtime 1,111 1,859 1,525 3,000 1,082 3,000 3,000 3,000 Longevity 1,894 1,961 1,748 1,928 1,928 826 946 1,066 Stipend 4,086 2,015 1,710 1,500 1,850 - - - Retirement 23,872 18,906 18,327 23,860 23,135 19,268 19,659 20,057 Medical Insurance 21,498 18,053 16,667 16,334 16,650 18,479 18,479 18,479 Dental Insurance 1,580 1,281 1,438 1,759 1,752 1,854 1,854 1,854 Vision Insurance 330 273 271 182 181 178 178 178 Life Insurance & Other 1,318 1,091 1,143 1,129 1,004 940 940 940 Social Security Taxes 9,339 7,676 8,160 11,165 10,379 9,191 9,377 9,568 Medicare Taxes 2,184 1,795 1,908 2,633 2,425 2,149 2,193 2,238 Unemployment Taxes 848 (1) 540 513 144 445 445 445 Workers' Compensation 9,453 3,927 3,473 3,633 2,875 5,688 5,801 5,917 Pre-Employment Physicals/Testing 176 10 207 - 351 - - - Total Personnel $234,485 $188,757 $193,437 $242,793 $234,240 $206,432 $210,175 $213,991 Services/Supplies Professional Services-PID Utility $5,522 $- $2,419 $5,000 $- $- $- $- Advertising 200 - - - - - - - Schools & Training - 785 76 1,400 1,224 1,224 1,224 1,224 Electricity 155,159 145,878 149,454 162,750 165,000 181,500 199,650 203,643 Water (0) - 599 - 1,289 - - - Telephone 15 - - - - - - - Communications/Pagers/Mobiles 2,427 1,877 2,025 1,837 2,553 1,900 2,000 2,100 Vehicle Maintenance 126 - 9 - - - - - Equipment Maintenance 2,159 1,019 2,296 3,050 2,338 3,000 3,000 3,000 Signs & Markings - - 58 - 330 - - - Dues & Membership 179 294 403 642 428 642 642 642 Travel & Per Diem - 592 - 1,269 - 1,228 1,269 812 Meetings 75 - 109 150 150 150 150 150 Office Supplies 356 117 532 300 450 300 300 300 Postage 3 2 0 100 100 100 100 100 Uniforms 1,645 1,655 2,877 3,140 2,355 2,355 2,805 2,355 Small Tools 1,517 1,612 2,178 1,500 159 - - - Total Services/Supplies $169,383 $153,831 $163,035 $181,138 $176,376 $192,399 $211,140 $214,326 Capital Capital Outlay $- $55,181 $- $- $- $- $- $- Total Capital $- $55,181 $- $- $- $- $- $- Total Expenditures $403,868 $397,770 $356,474 $423,931 $410,616 $398,831 $421,315 $428,317 74 Annual Program of Services- 2018 Parks Mission To preserve and enhance the Town of Trophy Club's exceptional quality of life through the planning, maintaining, and landscaping of the parks and public areas. The Parks Department reinforces the Town's mission by ensuring a healthy, picturesque, and environmentally sound community. Top 3 Accomplishments for FY17 • Eliminated parks supervisory position in exchange for a Parks Maintenance Worker position which results in more productivity and salary savings • Oversaw Lakeview fields rehab project • Installed remote irrigation system in various parks/medians/common areas Council Objective Fiscal Year 2018 Departmental Goals Improving the aesthetic and recreational value of the Town Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization Harmony Park • Resurface tennis courts and paint pickle ball lines to accommodate 4 pickle ball courts • Repair various tennis court fence posts • Replace concession/restroom roof • Submit various grant applications for sports fields improvements • Repair picnic tables near concession stand at Independence East Independence Park • Replace tennis court wind screen • Repair damaged picnic tables near concession stand 75Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ Medians and common areas maintained 114 114 114 114 114 Sports fields maintained 22 22 22 29 29 Medians redesigned --4 -4 Acres maintained by contract labor 14 28 42 42 42 The Parks Department was combined with the Medians Department in FY16. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $601,121 $590,919 $730,698 $843,587 $754,845 $798,984 -5% Services & Supplies 382,012 325,893 577,580 615,337 601,222 676,233 10% Capital 36,869 52,106 32,191 379,902 345,325 66,898 -82% TOTAL $1,020,001 $968,918 $1,340,466 $1,838,826 $1,701,392 $1,542,115 -16% 76 Annual Program of Services- 2018 The Parks Department was combined with the Medians Department in FY16. PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED P & R DIRECTOR 0.50 0.50 0.50 PARKS SUPERINTENDENT 1.00 1.00 1.00 PARKS SUPERVISOR 1.00 1.00 0.00 ATHLETIC CREW LEADER 1.00 1.00 1.00 IRRIGATION CREW LEADER 1.00 1.00 1.00 LANDSCAPE MAINTENANCE WORKER CREW LEADER 0.00 0.00 1.00 LANDSCAPE MAINTENANCE WORKER 5.00 5.00 4.00 PARKS IRRIGATOR 2.00 2.00 1.00 ATHLETIC FIELD TECHNICIAN 0.00 0.00 1.00 APPLICATOR SPRAY TECHNICIAN 1.00 1.00 2.00 PART-TIME MAINTENANCE 0.50 1.00 1.00 TOTAL FTEs 13.00 13.50 13.50 Parks FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $392,610 $387,421 $496,451 $573,633 $525,112 $555,058 $566,160 $577,483 Overtime 18,271 18,772 23,638 15,000 11,693 15,000 15,000 15,000 Longevity 2,880 3,490 4,010 5,791 4,538 4,299 5,064 5,829 Stipend 10,800 7,375 7,875 8,625 8,525 - - - Certification 1,510 1,792 2,443 3,600 2,700 1,500 1,500 1,500 Retirement 62,411 58,264 67,244 75,559 67,641 70,423 71,869 73,342 Medical Insurance 57,647 63,009 64,728 89,195 72,827 83,408 83,408 83,408 Dental Insurance 4,102 4,287 5,500 5,689 4,342 5,106 5,106 5,106 Vision Insurance 939 986 1,095 670 611 762 762 762 Life Insurance & Other 3,436 3,516 4,631 3,874 3,135 3,734 3,734 3,734 Social Security Taxes 25,158 24,212 31,619 37,077 32,871 35,703 36,439 37,188 Medicare Taxes 5,884 5,663 7,395 8,796 7,690 8,350 8,522 8,697 Unemployment Taxes 2,755 135 2,399 2,300 837 2,309 2,309 2,309 Workers' Compensation 10,126 11,680 10,730 13,778 10,899 13,332 13,599 13,871 Pre-Employment Physicals/Testing 547 316 940 - 1,424 - - - Auto Allowance 2,044 - - - - - - - Total Personnel $601,121 $590,919 $730,698 $843,587 $754,845 $798,984 $813,472 $828,229 77Annual Program of Services- 2018 The Parks Department was combined with the Medians Department in FY16. Parks FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services/Supplies Professional Outside Services $1,220 $- $- $- $- $- $- $- Software & Support - 453 - - - - - - Advertising 1,025 2,681 290 600 859 500 500 500 Schools & Training 1,918 4,041 1,845 4,435 1,965 2,105 1,030 1,030 Electricity 33,437 30,134 35,804 41,800 36,365 45,980 50,578 55,636 Water 82,743 61,067 122,475 150,660 116,800 195,858 235,030 258,533 Telephone 23 - - - - - - - Communications/Pagers/Mobiles 6,765 7,896 10,413 12,622 8,670 7,300 7,400 7,500 Property Maintenance 156,335 137,545 239,546 205,385 218,400 235,400 208,368 210,133 Building Maintenance 2,090 3,639 3,066 3,500 3,500 1,000 1,000 1,000 Vehicle Maintenance 9,315 10,441 12,649 10,000 15,611 8,955 9,224 9,501 Equipment Maintenance 10,403 10,942 5,001 10,000 19,237 10,500 11,000 11,500 Independent Labor - - 70,320 99,600 116,600 104,312 106,715 110,944 Equipment Rental/Lease 8 - - - - - - - Storage Rental 14,097 14,903 11,018 11,160 11,408 7,008 7,008 7,008 Portable Toilets 1,999 - 3,126 8,880 4,226 3,405 3,507 3,612 Dues & Membership 511 811 2,153 780 1,400 470 484 499 Travel & Per Diem 4,487 1,935 3,390 1,185 1,000 120 120 120 Meetings 778 995 156 750 750 750 750 750 Safety Program 165 703 1,055 1,200 - - - - Tree City - - 9,926 10,000 10,000 10,000 10,000 10,000 Office Supplies 983 520 1,008 400 500 500 300 300 Postage 65 46 32 25 30 25 25 25 Publications/Books/Subscriptions 405 714 509 500 500 500 500 500 Fuel 24,714 13,789 13,514 15,240 15,000 15,875 16,351 16,841 Uniforms 8,622 6,979 9,422 9,217 9,432 8,420 8,672 8,932 Small Tools 13,811 6,867 10,393 13,900 5,349 15,000 12,000 12,000 Safety Equipment 1,844 4,976 2,981 3,098 3,500 2,250 2,318 2,388 Small Equipment 1,802 - - - - - - - Furniture/Equipment <$5,000 1,368 - 6,309 100 - - - - Miscellaneous Expense 1,080 3,817 1,181 300 120 - - - Total Services/Supplies $382,012 $325,893 $577,580 $615,337 $601,222 $676,233 $692,880 $729,251 Capital Capital Outlay $36,869 $52,106 $32,191 $379,902 $345,325 $66,898 $- $275,000 Total Capital $36,869 $52,106 $32,191 $379,902 $345,325 $66,898 $- $275,000 Total Expenditures $1,020,001 $968,918 $1,340,466 $1,838,826 $1,701,392 $1,542,115 $1,506,352 $1,832,480 78 Annual Program of Services- 2018 Medians The Medians Department was combined with the Parks Department in FY16. Medians FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $ 94,632 $ 102,289 $ - $ - $ - $ - $ - $ - Overtime 3,022 5,977 - - - - - - Longevity 1,063 200 - - - - - - Stipend 3,600 2,000 - - - - - - Retirement 14,882 14,844 - - - - - - Medical Insurance 15,656 16,239 - - - - - - Dental Insurance 1,168 1,277 - - - - - - Vision Insurance 260 267 - - - - - - Life Insurance & Other 868 950 - - - - - - Social Security Taxes 6,109 6,783 - - - - - - Medicare Taxes 1,429 1,586 - - - - - - Unemployment Taxes 830 86 - - - - - - Workers' Compensation 1,824 2,104 - - - - - - Pre-Employment Physicals/Testing 70 70 - - - - - - Total Personnel $ 145,412 $ 154,672 $ - $ - $ - $ - $ - $ - Services/Supplies Electricity $ 9,263 $ 1,501 $ - $ - $ - $ - $ - $ - Water 31,257 45,788 - - - - - - Communications/Pagers/Mobiles 1,317 1,080 - - - - - - Property Maintenance 98,319 92,610 - - - - - - Building Maintenance 197 - - - - - - - Vehicle Maintenance 1,883 4,775 - - - - - - Equipment Maintenance 250 2,326 - - - - - - Meetings - 54 - - - - - - Safety Program 296 149 - - - - - - Tree City - 9,240 - - - - - - Fuel 2,432 1,969 - - - - - - Uniforms 927 2,560 - - - - - - Small Tools 2,790 6,430 - - - - - - Total Services/Supplies $ 148,930 $ 168,766 $ - $ - $ - $ - $ - $ - Total Expenditures $ 294,342 $ 323,438 $ - $ - $ -$ - $ - $ - 79Annual Program of Services- 2018 Recreation Mission To preserve and enhance the Town of Trophy Club’s exceptional quality of life by offering our citizens a variety of recreational and athletic opportunities and special events that combine to create an environment that fosters both community spirit and pride. Top 3 Accomplishments for FY17 • Installed a supplemental chlorine system for our community pool • Relocated lifeguards break room to a room that allows them oversight of the pools to continue to monitor guest safety • Successfully held new community events and pickleball league Council Objective Fiscal Year 2018 Departmental Goals Improving the aesthetic and recreational value of the Town Taking deliberate, targeted action resulting from thoughtful analysis, weighing costs and benefits in all situations • Reinstall dump bucket feature in splash pad – some work to be performed in-house • Submit grant applications for recreational trails at TCP • Repaint splash pad area in-house • Pursue sponsorship opportunities for parks and other applicable facilities • Purchase pool cover for competitive pool • Research potential rec activities such as adventure races and fishing tournaments • Unify waivers for recreation activities • Inventory software for concession items • Implement a system of customer counting so that the pool facility is never over crowded • Pool annual maintenance plan will be implemented to prepare for season opening 80 Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ Adult/senior programs --14 6 4 Aquatics programs --57 61 61 Youth programs --13 12 12 Event attendees 6,000 10,000 11,000 11,000 10,000 Planned events 7 8 26 10 18 FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $357,015 $368,548 $391,276 $420,190 $371,277 $380,137 -10% Services & Supplies 146,358 152,432 152,012 172,872 207,563 195,588 13% Capital - - 89,074 85,300 97,406 11,608 -86% TOTAL $503,371 $520,983 $632,362 $678,362 $676,246 $587,333 -13% 81Annual Program of Services- 2018 PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED P & R DIRECTOR 0.50 0.50 0.50 RECREATION SUPERINTENDENT 0.75 0.75 0.75 SPECIAL EVENTS & COMMUNICATION MANAGER 0.25 0.25 0.00 RECREATION & SPECIAL EVENTS COORDINATOR 0.75 0.75 0.75 TOTAL NON-SEASONAL FTEs 2.25 2.25 2.00 CAMP DIRECTOR 0.30 0.30 0.30 ASSISTANT CAMP DIRECTOR 0.20 0.20 0.20 CAMP COUNSELOR 1.70 1.70 1.70 POOL MANAGER 0.30 0.30 0.30 ASSISTANT POOL MANAGERS 0.70 0.70 0.70 HEAD LIFEGUARDS & LIFEGUARDS 3.20 3.20 3.20 CASHIER 0.90 0.90 0.90 SWIM TEAM 0.70 0.70 0.70 TOTAL FTEs 10.25 10.25 10.00 Recreation FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $279,981 $296,585 $314,555 $332,309 $293,578 $306,389 $312,517 $318,767 Overtime 2,647 2,300 834 3,800 4,313 3,800 3,800 3,800 Longevity 760 901 1,144 1,178 1,183 695 827 959 Stipend 3,300 1,575 1,575 1,013 1,688 - - - Retirement 19,957 19,373 19,156 20,160 15,658 17,091 17,439 17,794 Medical Insurance 12,489 12,929 13,912 20,938 11,853 14,460 14,460 14,460 Dental Insurance 840 990 1,056 1,375 754 1,006 1,006 1,006 Vision Insurance 199 199 193 131 99 102 102 102 Life Insurance & Other 1,133 1,134 1,197 1,044 626 947 947 947 Social Security Taxes 17,589 18,374 19,251 20,912 24,064 19,368 19,756 20,152 Medicare Taxes 4,113 4,297 4,502 4,905 5,728 4,530 4,620 4,713 Unemployment Taxes 3,743 488 3,454 1,738 407 1,685 1,687 1,689 Workers' Compensation 5,210 6,589 6,831 7,982 6,315 7,359 7,506 7,657 Pre-Employment Physicals/Testing 3,012 2,814 3,617 2,705 5,011 2,705 2,705 2,705 Auto Allowance 2,044 - - - - - - - Total Personnel $357,015 $368,548 $391,276 $420,190 $371,277 $380,137 $387,372 $394,751 82 Annual Program of Services- 2018 Recreation FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services/Supplies Professional Outside Services $- $- $- $3,700 $3,700 $3,600 $3,800 $3,800 Software & Support 3,648 3,480 3,847 1,984 3,814 2,940 2,130 2,130 Health Inspections - - - 269 300 300 300 300 Advertising 2,957 1,920 2,085 1,976 5,378 2,609 2,609 3,587 Printing - 2,701 3,321 7,000 6,497 3,000 3,000 3,000 Schools & Training 1,038 1,849 2,043 2,630 6,185 5,505 5,400 5,205 Service Charges & Fees 8,407 12,605 10,772 12,700 10,800 10,800 10,800 10,800 Electricity 18,573 14,323 13,779 19,000 19,000 20,900 22,990 25,289 Water 8,036 10,936 23,649 22,880 40,000 52,000 62,400 68,640 Telephone 1,728 1,704 1,733 1,916 1,807 1,807 1,807 1,807 Communications/Pagers/Mobiles 2,887 2,577 3,126 3,909 2,714 2,050 2,150 2,250 Property maintenance 17,072 13,890 7,779 4,500 13,029 8,000 8,240 8,480 Equipment Maintenance 86 - - - - - - - Library Services 15,000 - - - - - - - Independent Labor - 309 - - - - - - Equipment rental/Lease 6,386 480 7,800 8,000 8,400 8,400 8,400 8,400 Dues & Membership 6,510 7,231 5,415 8,907 7,085 5,930 6,340 5,930 Travel & Per Diem 3,944 5,796 3,864 5,216 4,729 2,878 2,928 2,978 Meetings 366 870 529 800 750 800 800 850 Field Trips 5,452 13,105 7,472 7,800 8,200 8,200 8,200 8,200 Office Supplies 2,126 1,678 955 1,300 2,485 1,700 1,350 1,350 Postage - 1,324 1,348 1,363 2,606 2,000 2,000 2,000 Publications/Books/Subscriptions 200 273 169 350 200 200 200 200 Fuel 438 - 16 - 8 - - - Uniforms 9,676 9,310 7,868 9,595 10,096 10,134 10,134 10,134 Chemicals 12,622 17,091 18,177 19,000 18,000 18,000 18,000 18,000 Concessions 7,103 8,382 9,452 5,000 9,500 9,500 9,500 9,500 Program Supplies 2,644 2,391 4,284 4,770 5,020 4,300 4,300 4,300 Special Events 1,047 2,758 1,529 1,655 1,105 1,105 1,105 1,105 Community Events - 150 - - - - - - Safety Equipment 1,364 1,170 892 3,270 1,987 1,170 1,620 1,170 Small Equipment 1,146 448 691 300 5,500 300 300 300 Furniture/Equipment <$5,000 3,340 7,279 4,445 8,812 4,712 5,900 4,600 4,700 Hardware 870 3,561 2,356 2,000 1,700 - - - Maintenance Supplies 1,498 2,744 1,339 1,970 1,956 1,260 1,296 1,333 Miscellaneous Expenses 194 92 1,277 300 300 300 300 300 Total Services/Supplies $146,358 $152,432 $152,012 $172,872 $207,563 $195,588 $206,999 $216,038 Capital Capital Outlay $- $- $89,074 $85,300 $97,406 $11,608 $75,000 $- Total Capital $- $- $89,074 $85,300 $97,406 $11,608 $75,000 $- Total Expenditures $503,371 $520,983 $632,362 $678,362 $676,246 $587,333 $669,371 $610,789 83Annual Program of Services- 2018 Community Events Community Events FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services/Supplies Advertising $512 $1,814 $2,175 $3,300 $760 $1,300 $1,300 $1,300 Printing 364 - - 1,200 50 1,200 1,200 1,200 Schools & Training 230 200 - - - - - - Event Rentals 26,399 8,273 10,695 29,312 34,819 35,424 33,424 33,424 Dues & Membership 200 205 - - - - - - Travel & Per Diem 428 485 480 - - - - - Uniforms - - 1,029 800 - - - - Program Supplies 10,572 7,384 11,517 11,266 9,061 9,695 9,695 9,695 Miscellaneous Expense 100 647 259 300 274 - - - Total Services/Supplies $38,805 $19,008 $26,155 $46,178 $44,964 $47,619 $45,619 $45,619 Total Expenditures $38,805 $19,008 $26,155 $46,178 $44,964 $47,619 $45,619 $45,619 FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Services & Supplies $38,805 $19,008 $26,155 $46,178 $44,964 $47,619 3% TOTAL $38,805 $19,008 $26,155 $46,178 $44,964 $47,619 3% 84 Annual Program of Services- 2018 Community Development Mission To maintain Trophy Club in such a manner that it enhances quality of life for current and future residents by seeking compliance with the Town’s Code of Ordinances and to provide prompt, friendly, and efficient customer service to all. Top 3 Accomplishments for FY17 • Breadwinners Cafe restaurant obtained a final Certificate of Occupancy • The Schedule of Fees for the department has been revised and updated • Completed the process of planning side of HG Sply Restaurant Council Objective Fiscal Year 2018 Departmental Goals Maintaining Town assets, services, and Code of Ordinances that preserve the natural beauty of Trophy Club Remaining accountable and responsive to residents, businesses, and property owners, with emphasis on proactive communication and problem solving • Maintain all performance standards for inspection and plan review • Fully implement zoning calendar standardization, measurable by adhering to calendar for FY17 • Code enforcement written policies for high grass, stagnant pool, and commercial business signage compliance. 85Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ Number of inspections completed 5,100 4,755 4,680 2,518 2,500 High grass/weeds violations 10 142 100 92 75 Sign violations 70 112 120 41 100 Trailer/boat/vehicle parking violations 60 16 70 46 50 Outdoor storage violations 20 34 25 38 20 Number of permits issued 1,650 1,672 1,450 993 900 Plats processed 10 4 2 4 8 P & Z meetings held 13 15 11 5 10 Ordinances amended to reflect council policies 1 2 2 6 3 PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED COMMUNITY DEVELOPMENT DIRECTOR 1.00 1.00 1.00 TOWN PLANNER 1.00 1.00 1.00 CUSTOMER SERVICE/CODE ENFORCEMENT 1.00 1.00 1.00 BUILDING INSPECTOR 1.00 1.00 1.00 PERMIT OFFICIAL 1.00 1.00 1.00 ADMINISTRATIVE ASSISTANT 1.00 1.00 1.00 TOTAL FTEs 6.00 6.00 6.00 FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $302,809 $384,291 $459,864 $506,801 $404,260 $495,278 -2% Services & Supplies 24,013 131,745 116,643 149,419 88,313 147,005 -2% Capital - 46,461 - - - - N/A TOTAL $326,820 $562,495 $576,507 $656,220 $492,573 $642,283 -2% 86 Annual Program of Services- 2018 Community Development FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $211,862 $270,692 $323,740 $360,630 $291,142 $363,334 $370,601 $378,013 Overtime 3,607 7,190 11,607 5,000 1,278 5,000 5,000 5,000 Longevity 1,235 1,530 1,805 2,540 2,465 2,310 2,670 3,030 Stipend 4,100 4,000 3,563 4,500 5,250 - - - Retirement 32,154 39,395 44,189 48,969 38,345 48,175 49,166 50,176 Medical Insurance 26,738 32,705 33,951 40,474 31,411 39,882 39,882 39,882 Dental Insurance 1,968 2,220 2,569 2,259 1,331 2,556 2,556 2,556 Vision Insurance 429 491 537 318 276 365 365 365 Life Insurance & Other 1,953 2,348 2,822 2,323 1,699 2,330 2,330 2,330 Social Security Taxes 13,083 16,977 20,563 22,827 18,222 22,980 23,453 23,935 Medicare Taxes 3,060 3,971 4,809 5,404 4,259 5,374 5,485 5,598 Unemployment Taxes 1,170 90 983 1,026 236 1,026 1,026 1,026 Workers' Compensation 1,203 2,617 8,727 10,531 8,329 1,946 1,985 2,025 Pre-Employment Physicals/Testing 247 65 - - 17 - - - Total Personnel $302,809 $384,291 $459,864 $506,801 $404,260 $495,278 $504,519 $513,936 Services/Supplies Professional Outside Services $- $21,431 $- $- $500 $- $- $- Engineering - 77,544 86,838 100,000 55,000 90,000 75,000 75,000 Plan Review Services - 2,145 - 5,000 - - - - Health Inspections 5,350 6,025 6,325 6,900 6,900 7,300 7,300 7,300 Inspection Services - - - 8,000 8,000 25,500 25,500 25,500 Advertising 33 3,322 2,642 1,300 1,300 2,500 2,500 2,500 Printing 1,679 795 57 700 600 600 600 600 Computer Mapping - - - - - - - - Abatements 190 340 3,930 4,000 2,000 3,000 3,000 3,000 Schools & Training 1,519 2,499 1,569 3,425 2,335 3,005 3,005 3,005 Service Charges & Fees - - 2 - - - - - Telephone 85 - - - - - - - Communications/Pagers/Mobiles 2,199 5,065 4,198 4,512 3,148 2,950 3,050 3,150 Vehicle maintenance 3,973 2,412 486 3,000 2,000 2,005 2,005 2,005 Dues & Membership 251 581 1,127 1,307 96 1,010 1,010 1,010 Travel & Per Diem 123 1,133 435 1,900 1,123 200 200 200 Meetings - 46 76 240 75 250 250 250 Plat Filing Fees - 388 222 300 200 700 700 700 Office Supplies 559 1,810 1,410 1,500 1,081 1,500 750 750 Postage 470 782 1,053 500 440 - - - Publications/Books/Subscriptions 225 547 1,884 1,000 500 1,000 2,000 1,000 Fuel 5,060 3,180 2,204 3,240 1,905 3,250 3,250 3,250 Uniforms 1,726 1,290 1,667 1,995 510 1,635 1,635 1,635 Miscellaneous Expense 571 410 519 600 600 600 600 600 Total Services/Supplies $24,013 $131,745 $116,643 $149,419 $88,313 $147,005 $132,355 $131,455 Capital Capital Outlay $- $46,461 $- $- $- $- $- $- Total Capital $- $46,461 $- $- $- $- $- $- Total Expenditures $326,820 $562,495 $576,507 $656,220 $492,573 $642,283 $636,874 $645,391 87Annual Program of Services- 2018 Planning & Zoning This department was consolidated with the Community Development in FY15. Planning & Zoning FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $ 94,418 $ - $ - $ - $ - $ - $ - $ - Longevity 600 - - - - - - - Stipend 1,800 - - - - - - - Retirement 14,113 - - - - - - - Medical Insurance 5,886 - - - - - - - Dental Insurance 394 - - - - - - - Vision Insurance 88 - - - - - - - Life Insurance & Other 580 - - - - - - - Social Security Taxes 5,944 - - - - - - - Medicare Taxes 1,390 - - - - - - - Unemployment Taxes 414 - - - - - - - Workers' Compensation 244 - - - - - - - Total Personnel $ 125,871 $ - $ - $ - $ - $ - $ - $ - Services/Supplies Professional Outside Services $ 30,875 $ - $ - $ - $ - $ - $ - $ - Engineering 96,647 - - - - - - - Advertising 1,275 - - - - - - - Printing 45 - - - - - - - Computer Mapping 465 - - - - - - - Schools & Training 430 - - - - - - - Telephone 111 - - - - - - - Communications/Pagers/Mobiles 717 - - - - - - - Dues & Membership 525 - - - - - - - Meetings 153 - - - - - - - Plat Filing Fees 951 - - - - - - - Office Supplies 2,557 - - - - - - - Postage 51 - - - - - - - Publications/Books/Subscriptions 57 - - - - - - - Miscellaneous Expenses 211 - - - - - - - Total Services/Supplies $ 135,068 $ - $ - $ - $ - $ - $ - $ - Total Expenditures $ 260,939 $ - $ - $ - $ - $ - $ - $ - 88 Annual Program of Services- 2018 Finance Mission To provide the highest quality financial management, support, fiduciary oversight, and public accountability to the wide range of constituents of Trophy Club, and to ensure that financial resources are collected, preserved, invested, and dispersed in a fiscally accountable manner. The Finance Department endeavors to promote the Town’s mission by creating strong partnerships and encouraging community involvement as well as by enhancing the Town’s financial and operational stewardship. Top 3 Accomplishments for FY17 • Received GFOA awards for CAFR, PAFR, and Budget • Issued 4.5 Million in Certificates of Obligation for parks and streets projects • Implemented STARS report for sales tax analysis Council Objective Fiscal Year 2018 Departmental Goals Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization Operating a limited government with maximum transparency. Taking deliberate, targeted action resulting from thoughtful analysis, weighing costs and benefits in all situations. • Implement JP Morgan Smartdata • Streamline Accounts Payable process with hire of new Staff Accountant position • Assist departments with requisition/purchase order standards • Improve vendor management process and turnaround time • Consolidate the Payroll and Consolidated bank accounts • Present PAFR for council prior to March 1st PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FINANCE DIRECTOR 0.00 0.00 1.00 BUDGET MANAGER 0.00 0.00 1.00 CONTROLLER 1.00 1.00 0.00 CHIEF FINANCIAL ANALYST 1.00 1.00 1.00 STRATEGIC SERVICES COORDINATOR 1.00 1.00 0.00 STAFF ACCOUNTANT 0.00 1.00 1.00 ADMINISTRATIVE ASSISTANT II 0.30 0.00 0.00 TOTAL FTEs 3.30 4.00 4.00 89Annual Program of Services- 2018 PERFORMANCE MATRIX Performance Measure- Investment Yield FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 GOAL Actual Investment Yield 0.065%0.103%0.515%0.940%1.500% Benchmark (6 month Treasury Bill)0.068%0.106%0.394%1.11%1.000% Yield Compared to Benchmark 95%97%131%85%150% Explanation Idle cash is to be promptly invested to preserve capital, provide adequate liquidity for the Town's needs, promote the public trust, and achieve interest earnings. Council Objective Exercising fiscal discipline and taking a business-like approach to Town operations and budget prioritization. Measure To achieve earnings which exceed the benchmark of a rolling six month treasury bill. Performance Measure -Accounts Payable Turnaround FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 GOAL Percent of Payables Paid within 30 Days -83.70%75.11%73.21%95.00% Average Days Payable - 18.23 26.81 27.13 20.00 # of Invoices Paid 2,169 2,502 3,331 3,276 3,500 # of Checks Processed 1,523 1,661 1,055 1,881 1,000 Explanation The Town's payment terms are net 30 and the Town endeavors to pay all invoices within that time frame. Mail processing and the length of time invoices are held by departments affects the percentage of invoices paid within the Town's terms. Council Objective Exercising fiscal discipline and taking a business-like approach to Town operations and budget prioritization. Measure To pay 95% of invoices within 30 days while not disbursing funds too quickly to increase investment yield and smooth cash flow. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $267,197 $238,167 $276,866 $303,870 $307,427 $376,548 24% Services & Supplies 125,023 107,608 123,776 147,908 144,164 146,584 -1% TOTAL $392,220 $345,777 $400,643 $451,778 $451,591 $523,132 16% 90 Annual Program of Services- 2018 Finance FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $200,610 $184,716 $207,446 $229,090 $234,891 $279,789 $285,385 $291,092 Longevity 140 200 390 795 670 1,005 1,215 1,425 Stipend 3,500 1,500 2,250 2,250 3,300 - - - Retirement 28,135 20,371 27,239 28,901 30,942 36,496 37,251 38,020 Medical Insurance 16,940 17,652 19,812 21,084 17,394 31,749 31,749 31,749 Dental Insurance 1,333 1,254 1,605 1,400 1,374 2,685 2,685 2,685 Vision Insurance 346 264 304 159 182 228 228 228 Life Insurance & Other 1,463 1,185 1,710 1,323 1,282 1,722 1,722 1,722 Social Security Taxes 11,063 8,494 12,276 14,253 14,088 17,409 17,769 18,136 Medicare Taxes 2,587 1,986 2,871 3,366 2,640 4,072 4,156 4,242 Unemployment Taxes 634 46 513 684 92 684 684 684 Workers' Compensation 382 424 449 565 447 709 723 738 Pre-Employment Physicals/Testing 64 74 - - 125 - - - Total Personnel $267,197 $238,167 $276,866 $303,870 $307,427 $376,548 $383,567 $390,721 Services/Supplies Professional Outside Services $- $5,645 $7,497 $38,850 $23,897 $31,500 $31,525 $16,525 Auditing 44,000 22,750 35,000 21,550 35,000 29,485 28,440 30,915 Physicals/Testing - - - - 90 - - - Appraisal 45,724 46,831 48,118 50,527 50,523 53,053 55,706 58,490 Tax Administration 3,987 3,291 3,444 3,685 3,597 3,869 3,947 4,026 Advertising 2,631 4,840 3,325 4,200 4,562 4,250 4,300 5,500 Printing 2,309 1,408 4,560 5,000 4,730 1,000 1,000 1,000 Schools & Training 1,564 4,646 1,697 2,910 935 2,975 3,515 2,995 Service Charges & Fees 16,954 12,566 8,966 10,200 11,544 10,950 9,150 11,550 PID 114 - - - - - - - Telephone 22 - - - - - - - Communications/Pagers/Mobiles 821 284 1,441 1,800 2,025 900 900 900 Dues & Membership 1,313 1,410 1,387 1,370 1,387 2,984 3,024 3,024 Travel & Per Diem 2,165 877 4,203 3,096 1,069 1,628 1,738 1,430 Meetings - 160 181 100 143 150 150 150 Office Supplies 1,753 2,141 2,079 2,150 2,150 2,350 2,350 2,350 Postage 1,463 659 1,768 2,100 2,062 1,000 1,000 1,000 Publications/Books/Subscriptions 57 - - 250 250 250 250 250 Furniture/Equipment <$5000 146 99 - - - - - - Miscellaneous Expense - - 110 120 200 240 240 240 Total Services/Supplies $125,023 $107,608 $123,776 $147,908 $144,164 $146,584 $147,235 $140,345 Total Expenditures $392,220 $345,777 $400,643 $451,778 $451,591 $523,132 $530,802 $531,066 91Annual Program of Services- 2018 Municipal Court Top 3 Accomplishments for FY17 • Established the warrant collection program in partnership with TCPD • Developed the “Court Customer Service Survey” • Successful participation in the “Annual Great Texas Statewide Warrant Round-up” Council Objective Fiscal Year 2018 Departmental Goals Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization. • Increase case disposition rates in order to maximize efficiency & revenue recovery by processing all court functions within the amount of time allowed by law in partnership with the Police Department. • Ensure all court team members learn how to perform the court processes from case filing to case disposition. Complete the Court SOP. Conducting ourselves as leaders, following the highest ethical standards, with humility before residents. • Communicates court processes in a manner that reflects dignity, respect, and a genuine desire to serve others. Customer Service Survey to reflect goals are met. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $71,725 $72,993 $69,428 $74,721 $74,339 $75,603 1% Services & Supplies 7,848 7,762 5,992 9,054 5,062 6,410 -29% TOTAL $79,573 $80,754 $75,421 $83,775 $79,401 $82,013 -2% Mission The Trophy Club Municipal Court is committed to providing those we serve with high quality customer service that is effective, efficient, and delivered in a professional environment, while accomplishing the duties incumbent upon it by the Town of Trophy Club Charter and the laws of the State of Texas, thereby earning and maintaining the public's respect, confidence and satisfaction. Furthermore, the Municipal Court is committed to ensuring ALL defendants receive fair and impartial treatment and are aware of ALL options available under state law. 92 Annual Program of Services- 2018 PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED SENIOR COURT CLERK 1.00 1.00 1.00 TOTAL FTEs 1.00 1.00 1.00 Municipal Court FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $52,306 $52,058 $50,929 $54,620 $54,431 $56,100 $57,222 $58,366 Longevity - - 145 - - 100 160 220 Stipend 1,200 750 750 750 750 - - - Certifications - 1,934 1,116 1,200 1,350 1,200 1,200 1,200 Retirement 7,492 7,429 6,857 7,433 7,366 7,461 7,614 7,771 Medical Insurance 5,334 5,555 4,218 5,371 5,293 5,275 5,275 5,275 Dental Insurance 364 389 380 332 326 332 332 332 Vision Insurance 81 81 74 45 45 45 45 45 Life Insurance & Other 508 508 476 382 346 386 386 386 Social Security Taxes 3,317 3,381 3,277 3,460 3,489 3,559 3,632 3,707 Medicare Taxes 776 791 767 820 821 832 849 867 Unemployment Taxes 250 3 327 170 11 171 171 171 Workers' Compensation 97 114 113 138 111 142 145 148 Total Personnel $71,725 $72,993 $69,428 $74,721 $74,339 $75,603 $77,031 $78,488 Services/Supplies Professional Outside Services $1,467 $1,321 $507 $1,890 $- $- $- $- Judge's Compensation 3,600 4,050 3,300 4,500 3,300 3,900 3,900 3,900 Advertising 742 - - - - 500 - - Printing 630 923 1,100 1,950 1,100 1,100 1,100 1,100 Schools & Training 50 288 119 - - - - - Telephone 69 - - - - - - - Jury Fees 36 36 - 144 - - - - Dues & Membership 60 - 60 170 - 60 60 60 Travel & Per Diem - - 60 - 162 - - - Office Supplies 278 347 392 300 200 500 200 200 Postage 916 460 415 - 200 200 200 200 Publications/Books/Subscriptions - - - - - 50 - 50 Furniture/Equipment <$5000 - 200 - - - - - - Miscellaneous Expense - 136 39 100 100 100 75 75 Total Services/Supplies $7,848 $7,762 $5,992 $9,054 $5,062 $6,410 $5,535 $5,585 Total Expenditures $79,573 $80,754 $75,421 $83,775 $79,401 $82,013 $82,566 $84,073 93Annual Program of Services- 2018 Administrative Services Mission To provide quality administrative services in Human Resources, Information Services, Municipal Court, and Communications such that employees are enabled to better serve community members and meet the organizational goals of the Town. Top 3 Accomplishments for FY17 • Placed second in the Texas Community Challenge • Successfully bid out medical and dental coverage to maintain competitive benefits while being fiscally responsible • Advertised, recruited, and filled nine high ranking positions within the Town Council Objective Fiscal Year 2018 Departmental Goals Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization Conducting ourselves as leaders, following the highest ethical standards, with humility before residents Maintaining Town assets, services, and codes of ordinance that preserve the natural beauty of Trophy Club • Work with insurance broker to ensure competitive health benefits • Improve electronic distribution of received applications to hiring managers • Assist Departments with hiring excellent employees • Provide wellness initiatives for Town of Trophy Club employees such as biometric screenings and flu-shots • Assist employees with work related injuries to get them the treatment they need to return to work • Provide competitive benefits for recruitment and retention of employees while maintaining fiscal responsibility • Provide continuous review of policies and procedures to maintain up to date compliance 94 Annual Program of Services- 2018 FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $70,840 $96,766 $134,934 $159,393 $122,680 $335,270 110% Services & Supplies 3,442 3,096 24,282 38,875 37,019 50,535 30% TOTAL $74,280 $99,863 $159,216 $198,268 $159,699 $385,805 95% PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED ADMINISTRATIVE SERVICES DIRECTOR 0.00 1.00 1.00 HR DIRECTOR 1.00 0.00 0.00 HR MANAGER 0.00 1.00 1.00 COMMUNICATIONS & SPECIAL EVENT MANAGER 0.00 0.00 0.25 ADMINISTRATIVE ASSISTANT II 0.30 1.00 1.00 TOTAL FTEs 1.30 3.00 3.25 95Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ Number of applications processed*327 215 456 800 400 Performance Measure- Turnover, Absence Rate, and Tenure FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 GOAL % of employee turnover*20%16%34%28%18% Average tenure (years)-4.27 5.16 5.39 5.00 # of Workers' Compensation Claims -8.00 12.00 9.00 3.00 Explanation Lower employee turnover and absence rate, save the Town money in training, and increase organizational efficiency. The longer an employee is tenured at the Town the more institutional knowledge an employee has to better perform their assigned tasks. Council Objective Exercising fiscal discipline and taking a business-like approach to Town operations and budget prioritization. Measure It is the Town’s goal to have a turnover rate at or below 18%, less than a five day absence rate, and average tenure at or above five years. 96 Annual Program of Services- 2018 Administrative Services FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $42,830 $58,547 $83,561 $103,458 $80,512 $229,199 $233,783 $238,458 Longevity - - - 80 - 146 169 191 Stipend 500 - - 750 1,500 - - - Certifications - - 800 1,200 600 - - - Retirement 6,485 8,176 11,598 12,260 10,757 29,809 30,408 31,018 Medical Insurance 341 4,289 4,799 5,371 3,918 21,851 21,851 21,851 Dental Insurance 330 317 463 332 235 1,510 1,510 1,510 Vision Insurance 73 62 87 45 32 194 194 194 Life Insurance & Other 358 397 669 505 282 1,401 1,401 1,401 Social Security Taxes 2,739 3,476 5,420 6,494 5,242 14,219 14,505 14,796 Medicare Taxes 641 813 1,268 1,530 1,045 3,326 3,392 3,460 Unemployment Taxes 213 (137) 181 342 102 556 556 556 Workers' Compensation 91 116 163 246 195 959 978 998 Pre-Employment Physicals/Testing 147 605 65 - 268 - - - Employee Relations 6,603 8,838 12,728 11,150 10,913 14,700 14,700 14,700 Tuition Reimbursement 7,049 9,163 10,616 12,750 4,299 15,000 15,600 15,600 Employee Assistance Program 2,442 2,103 2,514 2,880 2,780 2,400 2,400 2,400 Total Personnel $70,840 $96,766 $134,934 $159,393 $122,680 $335,270 $341,447 $347,133 Services/Supplies Professional Outside Services $- $- $14,524 $31,100 $31,100 $31,100 $32,275 $33,450 Physicals/Testing 190 93 144 100 - - - - Advertising 345 761 618 - - 4,350 4,350 4,350 Printing 45 - 447 150 - - - - Schools & Training 300 313 2,999 3,150 2,300 4,350 4,600 4,600 Organizational Employee Training - - - - - 2,000 2,000 2,000 Telephone 13 - - - - - - - Communications/Pagers/Mobiles 454 656 992 900 600 1,680 1,680 1,680 Dues & Membership 315 320 874 675 620 1,025 1,100 1,150 Travel & Per Diem 699 - 1,496 2,000 790 3,250 3,250 3,250 Meetings 39 - 71 100 - - - - Office Supplies 723 837 2,087 600 569 500 250 250 Postage 139 116 31 100 40 100 100 100 Publications/Books/Subscriptions 180 - - - - - - - Furniture/Equipment <$5000 - - - - 1,000 2,000 2,000 2,000 Miscellaneous Expenses - - - - - 180 180 180 Total Services/Supplies $3,442 $3,096 $24,282 $38,875 $37,019 $50,535 $51,785 $53,010 Total Expenditures $74,280 $99,863 $159,216 $198,268 $159,699 $385,805 $393,232 $400,143 97Annual Program of Services- 2018 Information Services Mission To increase the productivity of Trophy Club services by developing and maintaining technological and informational support systems for the Town of Trophy Club. The Information Services Department seeks to enhance the Town's mission by improving the effectiveness and efficiency of operational processes which promotes financial and operational stewardship. Top 3 Accomplishments for FY17 • Coordinated technology move and implementation for the new building which included voice, data, fax, wireless network, phone systems, network infrastructure, UPS and electrical room layout, server move, access control, TVs, panic buttons, audio visual needs, and video security • Upgrade the police personal video recorders (PVR) to the latest version improving better life and recording quality • Swapped out 9 devices this year in our normal technology rotation Council Objective Fiscal Year 2018 Departmental Goals Exercising fiscal discipline and taking a business- like approach to Town operations and budget prioritization Taking deliberate, targeted action resulting from thoughtful analysis, weighing costs and benefits in all situations Remaining accountable and responsive to residents, businesses, and property owners, with emphasis on proactive communication and problem solving • Work with Community Development to integrated energov with ArcGIS. • Work with Community Development to utilize ArcGIS from Denton County • Upgrade virtual infrastructure software • Evalute and implement SAN (Storage Area Network) replacement for virtual environment • Redesign backup strategy for Police Department including new CJIS requirements. • Design and manage GPON (Gigibit Passive Optical Network) infrastructure in new building 98 Annual Program of Services- 2018 PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 PROJ Applications supported 175 132 136 136 136 Devices/Servers supported 310 278 294 294 300 Performance Measures - Work Order Turnaround FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 EST FY 2018 GOAL Work order requests 1,025 1,035 808 772 650 Work orders resolved within 2 work days 82%83%76%82%85% Explanation Technology continues to play a pivotal role in the delivery of services for local governments. A quicker turnaround time on work orders leads to increased efficiency of service delivery. Council Objective Exercising fiscal discipline and taking a business-like approach to Town operations and budget prioritization. Measure It is the Town’s goal to respond and resolve work orders within 2 working days. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Personnel $186,288 $188,142 $209,323 $227,672 $215,473 $203,249 -11% Services & Supplies 139,203 212,723 234,455 308,359 250,254 324,029 5% Capital 8,278 108,437 34,585 127,213 107,243 149,993 18% TOTAL $333,767 $509,301 $478,365 $663,244 $572,970 $677,271 2% PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED INFORMATION SERVICES MANAGER 1.00 1.00 1.00 NETWORK SUPPORT SPECIALIST 1.00 1.00 1.00 INTERN/PART-TIME NETWORK SPECIALIST 0.50 0.50 0.00 TOTAL FTEs 2.50 2.50 2.00 99Annual Program of Services- 2018 Information Services FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Personnel Salaries $137,092 $140,533 $159,799 $176,342 $165,838 $155,563 $158,674 $161,848 Longevity 1,455 1,635 1,815 1,980 1,995 2,160 2,340 2,520 Stipend 3,000 1,500 1,500 1,500 1,850 - - - Retirement 20,584 19,949 19,754 20,896 20,458 20,500 20,928 21,364 Medical Insurance 10,664 11,145 10,888 10,742 10,492 10,550 10,550 10,550 Dental Insurance 727 778 829 665 652 665 665 665 Vision Insurance 163 163 161 90 89 90 90 90 Life Insurance & Other 1,118 1,119 1,188 919 813 919 919 919 Social Security Taxes 8,765 8,907 10,087 11,056 10,393 9,779 9,983 10,191 Medicare Taxes 2,050 2,083 2,359 2,607 2,433 2,287 2,335 2,383 Unemployment Taxes 414 18 548 428 105 342 342 342 Workers' Compensation 257 313 394 447 355 394 402 410 Total Personnel $186,288 $188,142 $209,323 $227,672 $215,473 $203,249 $207,228 $211,282 Services/Supplies Software & Support $92,954 $148,433 $165,017 $189,531 $169,415 $213,418 $202,651 $204,272 Security 859 1,232 376 1,350 1,672 1,350 1,350 1,350 Schools & Training 840 800 534 4,170 900 3,650 3,650 3,650 Telephone 6,073 5,889 6,269 10,988 6,800 1,000 1,000 1,000 Communications/Pagers/Mobiles 2,358 2,803 31,235 31,974 25,614 43,042 43,042 43,042 Independent Labor 1,346 1,523 846 27,000 7,500 30,000 27,000 27,000 Copier Rental/Lease 9,634 8,741 11,645 9,136 9,136 10,188 10,188 11,288 Dues & Membership 100 300 257 360 260 460 460 460 Travel & Per Diem - 2,680 443 4,142 1,952 3,363 577 577 Meetings 56 67 25 122 100 122 122 122 Office Supplies 648 623 721 721 720 721 721 721 Printer Supplies 8,647 9,032 7,174 7,500 7,500 7,500 7,500 7,500 Postage 307 539 16 250 - 300 300 350 Uniforms - 156 83 125 125 195 195 195 Hardware 15,382 29,904 9,816 20,990 18,560 8,720 8,720 8,720 Total Services/Supplies $139,203 $212,723 $234,455 $308,359 $250,254 $324,029 $307,476 $310,247 Capital Capital Outlay $8,278 $108,437 $34,585 $127,213 $107,243 $149,993 $62,500 $67,413 Total Capital $8,278 $108,437 $34,585 $127,213 $107,243 $149,993 $62,500 $67,413 Total Expenditures $333,767 $509,301 $478,365 $663,244 $572,970 $677,271 $577,204 $588,942 100 Annual Program of Services- 2018 Facility Maintenance Mission To support the Town of Trophy Club in being a municipal service provider through efficient and environmentally sustainable operation and maintenance of the Town buildings. Facility Maintenance is a non-departmental expenditure, meaning that the expense is associated with the entire organization instead of a particular department. This includes the utilities for the Town of Trophy Club facilities, maintenance of the facilities, the cleaning service, and insurance for the facility. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Services & Supplies $81,550 $108,065 $99,528 $148,671 $135,771 $219,250 47% TOTAL $81,550 $108,065 $99,528 $148,671 $135,771 $219,250 47% Facility Maintenance FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services/Supplies Electricity $12,870 $10,171 $11,004 $25,000 $15,000 $35,000 $38,500 $42,350 Water 1,038 922 1,036 7,800 1,500 15,600 17,160 18,876 Insurance 51,788 54,292 53,323 58,971 66,263 70,150 72,150 74,150 Building Maintenance 14,142 16,362 15,827 15,000 15,000 20,000 20,000 20,000 Equipment Maintenance 362 468 - - - - - - Cleaning Services - 14,755 17,292 25,150 17,308 48,000 49,000 50,000 Kitchen Supplies - - - 5,000 4,000 8,000 8,000 8,000 Office Supplies - - - - - 15,000 5,000 5,000 Furniture/Equipment<$5,000 - 9,668 59 10,000 15,500 5,000 3,000 1,000 Maintenance Supplies 1,350 1,427 989 1,750 1,200 2,500 2,500 2,500 Total Services/Supplies $81,550 $108,065 $99,528 $148,671 $135,771 $219,250 $215,310 $221,876 Total Expenditures $81,550 $108,065 $99,528 $148,671 $135,771 $219,250 $215,310 $221,876 102 Annual Program of Services- 2018 The Capital Projects Fund receives the proceeds from bonds or other legally authorized instruments issued for specific capital improvements and equipment. The related expenditures associated with capital projects are recorded in this fund. The Capital Improvement Program is reviewed each year by the Town Council to determine the need for projects and the issuance of debt to finance planned improvements or projects. The fund balance for the Capital Projects fund is decreasing 54% due to the utilization of bond proceeds from prior years. The Capital Projects Fund Balance includes funds originating from: A. 2010 Tax Note - $500,000 •This note was approved by Council for streets and parks capital equipment and park improvements. •The remaining funds of $41,000 are to be used for monument signs in the park system and new picnic tables for Independence East. B. 2016 General Obligation Bonds - $5.24 million •Professional services and construction of new Town Hall C. 2016 Certificate of Obligation - $4.21 million •Professional services and construction of new Town Hall (this portion is specific to the police side of the building and serviced by the CCPD $2.26 million) •$1.95 Million for street reconstruction projects: •Indian Creek Drive (from Meadowbrook to Harmony Park) •Phoenix Drive D. 2017 Certificates of Obligation - $4.5 million •$4.5 million for street reconstruction Capital Projects Fund FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Beginning Fund Balance $2,065,909 $4,505,273 $1,694,546 $7,638,285 $8,764,936 $5,186,363 -32% Revenues 57,540 202,127 54,572 10,000 70,000 20,000 100% Expenditures (768,476) (3,012,854) (3,223,116) (9,941,900) (8,969,216) (2,908,740)-71% Other Sources (Uses) 3,150,300 -10,238,934 7,250,000 5,320,643 --100% Net Increase (Decrease) 2,439,364 (2,810,727) 7,070,390 (2,681,900) (3,578,573) (2,888,740)8% Ending Fund Balance $4,505,273 $1,694,546 $8,764,936 $4,956,385 $5,186,363 $2,297,623 -54% 103Annual Program of Services- 2018 Capital Projects Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $2,065,909 $4,505,273 $1,694,546 $7,638,285 $8,764,936 $5,186,363 $2,297,623 $143,783 Revenue Contributions/Grants $- $200,061 $26,237 - $- $- $- Interest Revenue 1,548 2,066 28,335 10,000 70,000 20,000 10,000 20,000 Miscellaneous Revenue - - - - - - - - Intergovernmental Revenue 55,992 - - - - - - - Prior Year Adjustment - - - - - - - - Total Revenue $57,540 $202,127 $54,572 $10,000 $70,000 $20,000 $10,000 $20,000 Expenditures General Government $18,070 $38,558 $13,602 $- $- $- $- $- Bond Issuance Costs 68,850 - 198,650 125,000 - - - 50,000 Capital Outlay 681,556 2,974,296 3,010,864 9,816,900 8,969,216 2,908,740 2,163,840 1,918,800 Total Expenditures $768,476 $3,012,854 $3,223,116 $9,941,900 $8,969,216 $2,908,740 $2,163,840 $1,968,800 Other Sources (Uses) Debt Proceeds $3,100,000 $- $9,455,000 $7,000,000 $4,445,000 $- $- $3,000,000 Bond Premium 50,329 - 537,946 - 168,159 - - - Transfer In - - 265,283 250,000 707,484 - - - Transfer Out (29)- (19,295) - - - - - Total Other Sources (Uses) $3,150,300 $- $10,238,934 $7,250,000 $5,320,643 $- $- $3,000,000 Net Increase (Decrease) $2,439,364 $(2,810,727) $7,070,390 $(2,681,900) $(3,578,573) $(2,888,740) $(2,153,840) $1,051,200 Ending Fund Balance $4,505,273 $1,694,546 $8,764,936 $4,956,385 $5,186,363 $2,297,623 $143,783 $1,194,983 FY 2018 Adopted Ending Fund Balance $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 PROPOSED FY 2019 PROJECTED FY 2020 PROJECTED 104 Annual Program of Services- 2018 Debt Service Fund The Debt Service Fund is used for the accumulation of resources for payment of long-term debt principal and interest. The long-term debt is used to finance major capital improvements and equipment including the construction of parks, streets, public facilities, and other general government projects. Resources include an applicable portion of the Ad Valorem Tax Levy and related interest income usable for debt service. The fund balance for the Debt Services Fund increased 46% due to a decrease in the M&O rate shifting a larger portion of freeze adjusted values to Debt Services Fund. DEBT MANAGEMENT SUMMARY A. Debt Issuance. The Town issues debt only for the purpose of acquiring or constructing capital assets for the general benefit of its citizens and to allow it to fulfill its various missions as a Town. Debt may be issued for the purposes of purchasing land or rights-of-way and/or improvements to land, for construction projects to provide for the general good, or for capital equipment. B. Types of Debt. • General Obligation Bonds (GOs). General Obligation bonds are used to fund capital assets of the general government, are not to be used to fund operating needs of the Town, and are backed by the full faith and credit of the Town, as well as, the ad valorem tax authority of the Town. General obligation bonds must be authorized by a vote of the citizens of the Town of Trophy Club. • Certificates of Obligation (COs). Certificates of Obligation are used to finance permanent improvements and land acquisition, the need for which arises between bond elections. In addition, they may also be used to finance costs associated with capital projects or to acquire equipment. Debt service for COs may be from general tax revenues under certain circumstances as defined by law. They may also be backed by a specific revenue stream(s) or by a combination of tax revenues and specific revenue streams. • Method of Sale. The Town uses a competitive bidding process in the sale of bonds unless the nature of the issue warrants a negotiated bid. In situations where a competitive bidding process is not elected, the Town will present the reasons why, and the Town will actively participate with the financial advisor in the selection of the underwriter or direct purchaser. • Bidding Parameters. The notice of sale will be carefully constructed so as to ensure the best possible bid for the Town, in light of the existing market conditions and other prevailing factors. Parameters to be examined include: • Limits between lowest and highest coupons • Coupon requirements relative to the yield curve • Method of underwriter compensation, discount or premium coupons • Use of true interest cost (TIC) versus net interest cost (NIC) • Use of bond insurance • Deep discount bonds • Variable rate bonds • Call provisions C. Analysis of Financing Alternatives. Staff will explore alternatives to the issuance of debt for capital acquisitions and construction projects. These alternatives include, but are not be limited to: 1) Grants-in-aid 2) Use of reserves 105Annual Program of Services- 2018 3) Use of current revenues 4) Contributions from other developers and others 5) Leases 6) Impact fees D. Disclosure. Full disclosure of operations will be made to the bond rating agencies and other depositories of financial information as required by the Security and Exchange Commission (SEC) Rule 15c2-12, specifically, Texas Municipal Advisory Council (State Information Depository). E. Rating Agency Communication. Town management will seek to maintain and improve its current bond rating so its borrowing costs are reduced to a minimum and its access to credit preserved. The Town management, with the assistance of financial advisors and bond counsel, will prepare the necessary materials for presentation to the rating agencies, aid in the production of Official Statements, and take responsibility for the accuracy of all financial information released. F. Federal Requirements. The Town will maintain procedures to comply with arbitrage rebate and other federal requirements. G. Debt Limit. The State of Texas limits the ad valorem tax rate to $2.50 per $100 valuation. The Town of Trophy Club’s adopted rate of $0.473 per $100 valuation falls well below this limit. H. Bond Rating. The Town of Trophy Club went through a bond rating process in May 2014. Standard and Poor’s upgraded the Town’s bond rating to AA+. The Town’s bond rating directly affects the cost of debt. The Town’s policies are focused on issues which maintain high bond ratings and keep debt costs reasonable. FINANCIAL SUMMARY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED % Change (Bud. vs. Ad) Beginning Fund Balance $119,722 $118,092 $118,542 $129,647 $143,174 $289,351 123% Revenues 1,361,109 1,507,625 1,700,686 1,888,194 1,911,018 2,092,207 11% Expenditures (1,403,122) (1,562,815) (1,782,555) (1,967,178) (2,169,126) (2,412,817)23% Other Sources (Uses) 40,383 55,640 106,501 201,862 404,285 400,463 98% Net Increase (Decrease) (1,630) 450 24,632 122,878 146,177 79,853 -35% Ending Fund Balance $118,092 $118,542 $143,174 $252,525 $289,351 $369,204 46% 106 Annual Program of Services- 2018 Debt Service Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $119,722 $118,092 $118,542 $129,647 $143,174 $289,351 $369,204 $417,936 Revenue Property Taxes $1,351,988 $1,491,185 $1,688,798 $1,878,696 $1,898,597 $2,083,707 $2,176,419 $2,234,828 Property Taxes/Delinquent 5,091 9,305 3,651 4,499 2,370 2,000 2,000 2,000 Property Taxes/Penalty & Interest 3,784 6,784 5,205 2,999 5,051 4,500 4,500 4,500 Intergovernmental Transfer EDC - - - - - - - - Interest Income 246 350 3,032 2,000 5,000 2,000 2,000 2,000 Total Revenue $1,361,109 $1,507,625 $1,700,686 $1,888,194 $1,911,018 $2,092,207 $2,184,919 $2,243,328 Expenditures Bond Principal $998,000 $1,088,000 $1,378,000 $1,263,000 $1,363,000 $1,563,000 $1,718,000 $1,823,000 Bond Interest 398,872 428,529 390,300 696,678 798,926 842,317 817,278 765,739 Paying Agent Fees 6,250 3,550 14,255 7,500 7,200 7,500 6,750 16,750 Bond/CO Issuance cost - 42,736 - - - - - - Total Expenditures $1,403,122 $1,562,815 $1,782,555 $1,967,178 $2,169,126 $2,412,817 $2,542,028 $2,605,489 Other Sources (Uses) Bond Proceeds $- $2,030,000 $- $- $- $- $- $- Bond Proceeds- Premium - - - - - - - - Refund Cost - (2,026,710) - - - - - - Transfer In 40,383 52,350 106,501 201,862 404,285 400,463 405,841 405,369 Total Other Sources (Uses) $40,383 $55,640 $106,501 $201,862 $404,285 $400,463 $405,841 $405,369 Net Increase (Decrease) $(1,630) $450 $24,632 $122,878 $146,177 $79,853 $48,732 $43,208 Ending Fund Balance $118,092 $118,542 $143,174 $252,525 $289,351 $369,204 $417,936 $461,144 Annual Ending Fund Balance $- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED 107Annual Program of Services- 2018 Annual Debt Service by Issuance Total Debt Service Principal Interest Total 2018 1,463,000 742,214 2,205,214 2019 1,613,000 664,955 2,277,955 2020 1,718,000 617,535 2,335,535 2021 1,453,000 564,596 2,017,596 2022 1,513,000 516,183 2,029,183 2023 1,348,000 467,557 1,815,557 2024 1,385,000 425,836 1,810,836 2025 1,395,000 382,716 1,777,716 2026 1,205,000 339,575 1,544,575 2027 1,240,000 303,694 1,543,694 2028 1,275,000 267,413 1,542,413 2029 1,185,000 232,675 1,417,675 2030 1,220,000 197,119 1,417,119 2031 870,000 158,788 1,028,788 2032 900,000 134,513 1,034,513 2033 920,000 109,413 1,029,413 2034 950,000 82,713 1,032,713 2035 800,000 54,375 854,375 2036 825,000 31,150 856,150 2037 240,000 7,200 247,200 $23,518,000 $6,300,215 $29,818,215 Town of Trophy Club Debt Schedule* *Does not include proposed debt issuances. $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 2004 CO 2007 GO 2010 GO 2010 GO Refunding 2013 CO 2014 CO 2015 GO Refunding 2016 GO 2016 CO 2017 CO 108 2004 CO 2007 GO 2010 GO Principal Interest Total Principal Interest Total Principal Interest Total 2018 33,000 11,068 44,068 165,000 6,600 171,600 220,000 146,806 366,806 2019 33,000 9,500 42,500 230,000 140,206 370,206 2020 33,000 7,933 40,933 240,000 133,306 373,306 2021 33,000 6,365 39,365 250,000 123,706 373,706 2022 33,000 4,798 37,798 260,000 113,706 373,706 2023 33,000 3,230 36,230 275,000 103,306 378,306 2024 35,000 1,663 36,663 285,000 92,306 377,306 2025 300,000 80,906 380,906 2026 310,000 68,906 378,906 2027 325,000 56,506 381,506 2028 340,000 43,506 383,506 2029 355,000 29,906 384,906 2030 370,000 15,263 385,263 2031 2032 2033 2034 2035 2036 2037 $233,000 $44,555 $277,555 $165,000 $6,600 $171,600 $3,760,000 $1,148,338 $4,908,338 2010 GO Refunding 2013 CO 2014 CO Principal Interest Total Principal Interest Total Principal Interest Total 2018 185,000 33,500 218,500 80,000 30,038 110,038 105,000 68,788 173,788 2019 190,000 27,950 217,950 85,000 27,975 112,975 105,000 66,688 171,688 2020 195,000 22,250 217,250 85,000 25,850 110,850 110,000 64,588 174,588 2021 200,000 16,400 216,400 85,000 23,725 108,725 110,000 62,388 172,388 2022 210,000 8,400 218,400 90,000 21,425 111,425 115,000 59,088 174,088 2023 95,000 18,881 113,881 120,000 55,638 175,638 2024 95,000 16,150 111,150 120,000 52,038 172,038 2025 100,000 13,225 113,225 125,000 48,438 173,438 2026 120,000 9,925 129,925 130,000 44,688 174,688 2027 125,000 6,094 131,094 130,000 40,788 170,788 2028 125,000 2,031 127,031 135,000 36,888 171,888 2029 140,000 32,838 172,838 2030 145,000 27,938 172,938 2031 150,000 22,863 172,863 2032 155,000 17,613 172,613 2033 160,000 12,188 172,188 2034 165,000 6,188 171,188 2035 2036 2037 $980,000 $108,500 $1,088,500 $1,085,000 $195,319 $1,280,319 $2,220,000 $719,638 $2,939,638 2015 GO Refunding 2016 GO 2016 CO Principal Interest Total Principal Interest Total Principal Interest Total 2018 40,000 35,752 75,752 200,000 129,275 329,275 160,000 116,106 276,106 2019 210,000 34,880 244,880 205,000 123,275 328,275 165,000 111,306 276,306 2020 220,000 30,302 250,302 215,000 117,125 332,125 175,000 104,706 279,706 2021 220,000 25,506 245,506 220,000 110,675 330,675 180,000 97,706 277,706 2022 230,000 20,710 250,710 225,000 104,075 329,075 190,000 90,506 280,506 2023 235,000 15,696 250,696 230,000 97,325 327,325 195,000 84,806 279,806 2024 240,000 10,573 250,573 240,000 90,425 330,425 200,000 78,956 278,956 2025 245,000 5,341 250,341 245,000 83,225 328,225 205,000 72,956 277,956 2026 255,000 75,875 330,875 210,000 66,806 276,806 2027 260,000 70,775 330,775 215,000 61,556 276,556 2028 265,000 65,575 330,575 220,000 56,988 276,988 2029 270,000 59,944 329,944 225,000 52,313 277,313 2030 275,000 53,869 328,869 230,000 47,250 277,250 2031 280,000 47,338 327,338 235,000 41,788 276,788 2032 290,000 40,338 330,338 245,000 35,913 280,913 2033 295,000 33,088 328,088 250,000 29,788 279,788 2034 305,000 25,713 330,713 255,000 22,913 277,913 2035 310,000 17,325 327,325 260,000 15,900 275,900 2036 320,000 8,800 328,800 270,000 8,100 278,100 2037 $1,640,000 $178,760 $1,818,760 $4,905,000 $1,354,038 $6,259,038 $4,085,000 $1,196,363 $5,281,363 2017 CO Principal Interest Total 2018 275,000 164,281 439,281 2019 390,000 123,175 513,175 2020 445,000 111,475 556,475 2021 155,000 98,125 253,125 2022 160,000 93,475 253,475 2023 165,000 88,675 253,675 2024 170,000 83,725 253,725 2025 175,000 78,625 253,625 2026 180,000 73,375 253,375 2027 185,000 67,975 252,975 2028 190,000 62,425 252,425 2029 195,000 57,675 252,675 2030 200,000 52,800 252,800 2031 205,000 46,800 251,800 2032 210,000 40,650 250,650 2033 215,000 34,350 249,350 2034 225,000 27,900 252,900 2035 230,000 21,150 251,150 2036 235,000 14,250 249,250 2037 240,000 7,200 247,200 $4,445,000 $1,348,106 $5,793,106 109 2015 GO Refunding 2016 GO 2016 CO Principal Interest Total Principal Interest Total Principal Interest Total 2018 40,000 35,752 75,752 200,000 129,275 329,275 160,000 116,106 276,106 2019 210,000 34,880 244,880 205,000 123,275 328,275 165,000 111,306 276,306 2020 220,000 30,302 250,302 215,000 117,125 332,125 175,000 104,706 279,706 2021 220,000 25,506 245,506 220,000 110,675 330,675 180,000 97,706 277,706 2022 230,000 20,710 250,710 225,000 104,075 329,075 190,000 90,506 280,506 2023 235,000 15,696 250,696 230,000 97,325 327,325 195,000 84,806 279,806 2024 240,000 10,573 250,573 240,000 90,425 330,425 200,000 78,956 278,956 2025 245,000 5,341 250,341 245,000 83,225 328,225 205,000 72,956 277,956 2026 255,000 75,875 330,875 210,000 66,806 276,806 2027 260,000 70,775 330,775 215,000 61,556 276,556 2028 265,000 65,575 330,575 220,000 56,988 276,988 2029 270,000 59,944 329,944 225,000 52,313 277,313 2030 275,000 53,869 328,869 230,000 47,250 277,250 2031 280,000 47,338 327,338 235,000 41,788 276,788 2032 290,000 40,338 330,338 245,000 35,913 280,913 2033 295,000 33,088 328,088 250,000 29,788 279,788 2034 305,000 25,713 330,713 255,000 22,913 277,913 2035 310,000 17,325 327,325 260,000 15,900 275,900 2036 320,000 8,800 328,800 270,000 8,100 278,100 2037 $1,640,000 $178,760 $1,818,760 $4,905,000 $1,354,038 $6,259,038 $4,085,000 $1,196,363 $5,281,363 2017 CO Principal Interest Total 2018 275,000 164,281 439,281 2019 390,000 123,175 513,175 2020 445,000 111,475 556,475 2021 155,000 98,125 253,125 2022 160,000 93,475 253,475 2023 165,000 88,675 253,675 2024 170,000 83,725 253,725 2025 175,000 78,625 253,625 2026 180,000 73,375 253,375 2027 185,000 67,975 252,975 2028 190,000 62,425 252,425 2029 195,000 57,675 252,675 2030 200,000 52,800 252,800 2031 205,000 46,800 251,800 2032 210,000 40,650 250,650 2033 215,000 34,350 249,350 2034 225,000 27,900 252,900 2035 230,000 21,150 251,150 2036 235,000 14,250 249,250 2037 240,000 7,200 247,200 $4,445,000 $1,348,106 $5,793,106 111Annual Program of Services- 2018 Court Security Fund Fund Description The Court Security Fund is used for the purpose of providing security personnel, services, and security equipment to the Trophy Club Municipal Court and to promote financial stewardship by delivering responsive customer service. This fund is primarily used to offset the expenditures associated with providing bailiff services for the Trophy Club Municipal Court. The fund balance for the Court Security Fund is expected to decrease 14% due to an intentional draw down of fund balance to pay for bailiff services. Ending Fund Balance Court Security Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $22,147 $22,293 $21,903 $21,643 $20,571 $19,191 $17,891 $17,391 Revenue Municipal Court Security Fee $3,146 $2,610 $2,620 $3,000 $2,000 $2,000 $2,000 $2,000 Total Revenue $3,146 $2,610 $2,620 $3,000 $2,000 $2,000 $2,000 $2,000 Expenditures Schools and Training $- $- $- $800 $250 $1,200 $400 $400 Small Equipment - - 952 - - - - - Travel and Per Diem - - - 1,494 180 600 600 600 Total Expenditures $- $- $952 $2,294 $430 $1,800 $1,000 $1,000 Other Sources (Uses) Transfer Out (3,000) (3,000) (3,000) (3,000) (3,000) (3,000) (1,500) (1,500) Total Other Sources (Uses) $(3,000) $(3,000) $(3,000) $(3,000) $(3,000) $(3,000) $(1,500) $(1,500) Net Increase (Decrease) $146 $(390) $(1,332) $(2,294) $(1,430) $(2,800) $(500) $(500) Ending Fund Balance $22,293 $21,903 $20,571 $19,349 $19,141 $16,341 $15,841 $15,341 $- $5,000 $10,000 $15,000 $20,000 $25,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 112 Annual Program of Services- 2018 Court Technology Fund Fund Description The Court Technology Fund is used for the sole purpose of financing the purchase or maintenance of technological enhancements for the Trophy Club Municipal Court and promoting financial and operational stewardship by improving the effectiveness and efficiency of operational processes. The court technology fee is primarily used to offset the costs related to the annual maintenance and support of the Incode court software system along with any other technology purchases made by the municipal court. The fund balance for the Court Technology Fund is expected to decrease 19% due to the intentional draw down of fund balance to pay for the Incode court software system. Ending Fund Balance Court Technology Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $38,779 $23,958 $21,517 $20,270 $19,094 $16,100 $12,931 $9,564 Revenue Municipal Court Technology Fee $4,194 $3,480 $3,481 $4,000 $3,000 $3,000 $3,000 $3,000 Miscellaneous Revenue 2,750 - - - - - - - Total Revenue $6,944 $3,480 $3,481 $4,000 $3,000 $3,000 $3,000 $3,000 Expenditures Services & Supplies Software & Support $2,494 $5,118 $5,904 $5,903 $5,994 $6,169 $6,367 $6,592 Hardware 5,830 803 - 2,230 - - - - Total Services & Supplies $8,324 $5,921 $5,904 $8,133 $5,994 $6,169 $6,367 $6,592 Capital Capital Outlay $13,440 $- $- $- $- $- $- $- Total Capital Outlay $13,440 $- $- $- $- $- $- $- Total Expenditures $21,764 $5,921 $5,904 $8,133 $5,994 $6,169 $6,367 $6,592 Net Increase (Decrease) $(14,821) $(2,441) $(2,423) $(4,133) $(2,994) $(3,169) $(3,367) $(3,592) Ending Fund Balance $23,958 $21,517 $19,094 $16,137 $16,100 $12,931 $9,564 $5,972 $- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 113Annual Program of Services- 2018 Crime Control Prevention District Fund Fund Description Chapter 363 of the Texas Local Government Code allows for the creation of a Crime Control and Prevention District (CCPD). CCPD is a local sales tax funded organization, governed by an independent board appointed by the Town Council that may finance all costs of a crime control and crime prevention program, including costs for personnel, administration, expansion, enhancement and capital expenditures. Sales tax funds the CCPD with 0.25%, which the voters approved on May 11, 2013. CCPD Goals Throughout the history of law enforcement in America, changes in technology ushered in changes in crime control strategies. As equipment, technology, and training have improved agencies moved from the traditional model, to the professional model, to the community policing model, and finally to the intelligence-led model. The Trophy Club Police Department recognizes the effectiveness of the two most recent models but also recognizes the effectiveness of traditional law enforcement practices such as rapid response to calls for service. The Trophy Club Police Department primarily uses a hybrid form of community policing, embracing the problem-solving and partnership aspects of community policing. Also included are what many consider a more traditional response by having a uniformed officer respond to all calls for service as quickly as time permits. Detectives follow-up on all criminal events. However, in keeping with the problem oriented/community oriented model, officers look for potential problem areas where there are reoccurring problems and partner with residents and other stake holders to resolve those problems. The Town of Trophy Club is a proactive town and its police department is no different. The department attempts to equip its staff with the most effective safety and crime fighting equipment they can reasonably afford. Funding sources have traditionally included the General Fund and grants. There are obvious limits on these sources of funding. Any increase to the sales tax rate such as proposed through the creation of the CCPD will collect taxes from non-residents who consume law enforcement services and provide needed funding to improve public safety. The 1/4 of a cent sales tax allocated for the CCPD appears as a fair way of spreading that burden because the choice to make purchases for which sales tax dollars are collected rests solely with the purchaser. Goal 1: Support the future police building. Goal 2: Equipment and New Technology – In order to carry out its mission, the police department must equip and train its officers with various tools to maintain and improve public safety. Such tools may include small equipment assigned to individual officers up to capital equipment. Police department supervisors, along with the Town’s Information Services staff continually evaluate new technology that can be employed to enhance our capabilities and efficiency. Goal 3: Critical law enforcement services in the Town of Trophy Club rely upon establishing minimum staffing levels in specific areas in order to carry out its mission. 114 Annual Program of Services- 2018 Ending Fund Balance CCPD FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $23,007 $93,746 $134,264 $180,269 $202,403 $59,428 $59,572 $113,954 Revenue Sales Tax $141,855 $169,906 $196,157 $209,849 $205,000 $209,475 $222,663 $229,739 Interest Income 44 130 71 100 100 100 100 100 Total Revenue $141,899 $170,036 $196,228 $209,949 $205,100 $209,575 $222,763 $229,839 Expenditures Services & Supplies Professional Outside Services $- $- $- $24,000 $24,000 $- $- $- Uniforms - - - 5,000 5,000 5,000 5,000 5,000 Small Equipment 27,564 13,646 25,221 47,000 33,100 12,000 11,500 9,000 Total Services & Supplies $27,564 $13,646 $25,221 $76,000 $62,100 $17,000 $16,500 $14,000 Capital Capital Outlay $43,597 $115,872 $102,869 $125,000 $136,000 $45,000 $2,000 $2,000 Total Capital $43,597 $115,872 $102,869 $125,000 $136,000 $45,000 $2,000 $2,000 Total Expenditures $71,161 $129,518 $128,090 $201,000 $198,100 $62,000 $18,500 $16,000 Other Sources (Uses) Transfer Out $- $- $- $(149,975) $(149,975) $(147,431) $(149,881) $(151,281) Total Other Sources (Uses) $- $- $- $(149,975) $(149,975) $(147,431) $(149,881) $(151,281) Net Increase (Decrease) $70,739 $40,518 $68,139 $(141,026) $(142,975) $144 $54,382 $62,558 Ending Fund Balance $93,746 $134,264 $202,403 $39,243 $59,428 $59,572 $113,954 $176,512 $- $50,000 $100,000 $150,000 $200,000 $250,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 115Annual Program of Services- 2018 Economic Development Corporation (EDC) 4B Fund Fund Description The Town of Trophy Club Economic Development Corporation 4B (EDC 4B) is used to promote economic development within the Town. Funded by 0.5% of sales tax receipts, the Trophy Club EDC 4B aims to design superior strategies and oversight plans that are geared toward intensifying economic activity and heightening the already superior Trophy Club lifestyle. EDC 4B Debt Service Principal Interest Total 2018 100,000 100,823 200,823 2019 105,000 99,023 204,023 2020 105,000 96,555 201,555 2021 110,000 93,668 203,668 2022 110,000 90,258 200,258 2023 115,000 86,518 201,518 2024 120,000 82,263 202,263 2025 125,000 77,463 202,463 2026 130,000 72,213 202,213 2027 135,000 66,688 201,688 2028 140,000 60,950 200,950 2029 150,000 55,000 205,000 2030 155,000 48,625 203,625 2031 160,000 42,038 202,038 2032 170,000 34,438 204,438 2033 175,000 26,363 201,363 2034 185,000 18,050 203,050 2035 195,000 9,263 204,263 $2,485,000 $1,160,193 $3,645,193 Town of Trophy Club EDC 4B Debt Schedule* 116 Annual Program of Services- 2018 EDC 4B FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Working Capital $188,703 $339,714 $406,525 $544,191 $561,248 $640,716 $690,250 $765,890 Revenue Sales Tax - General $322,784 $365,764 $400,621 $447,509 $451,625 $465,501 $494,807 $510,531 NTX Magazine Revenue 3,938 - - - - - - - Interest Income 179 537 1,289 1,500 2,000 2,000 2,000 2,000 Total Revenue $326,901 $366,302 $401,910 $449,009 $453,625 $467,501 $496,807 $512,531 Expenses Professional Outside Services $- $- $- $2,000 $2,000 $2,000 $2,000 $2,000 Auditing 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 Advertising 7,704 2,780 95 4,200 1,000 - - - Printing 1,000 450 - 250 - 200 200 200 Schools & Training 1,430 270 345 1,000 500 1,000 1,000 1,000 Dues & Membership 650 270 - 1,050 2,500 1,150 1,150 1,200 Travel & Per Diem 132 30 30 422 392 422 422 422 Office Supplies 220 15 - 250 100 250 250 250 Miscellaneous Expense 6,059 7,641 2,500 3,500 6,050 3,000 3,000 3,000 EDC Projects 36,133 3,590 3,500 15,950 17,020 1,950 1,950 1,950 Incentive Programs - 93,849 140,773 206,820 140,773 205,773 205,773 205,773 Transfer to General Fund 66,597 89,964 - - - - - - Transfer to Debt Service 54,964 - - 202,423 202,423 200,823 204,023 201,555 Bond Interest - 1,883 98,745 - - - - - Debt Issue Cost - 97,351 - - - - - - Paying Agent Fees - 400 200 400 400 400 400 400 Total Expenses $175,890 $299,492 $247,188 $439,265 $374,158 $417,968 $421,168 $418,750 Net Increase (Decrease) $151,011 $66,809 $154,722 $9,744 $79,467 $49,533 $75,639 $93,781 Ending Working Capital $339,714 $406,525 $561,248 $553,936 $640,716 $690,250 $765,890 $859,672 Revenues Vs. Expenditures $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Revenues Expenditures $0 $200,000 $400,000 $600,000 $800,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Revenues Expenditures 117Annual Program of Services- 2018 Hotel Occupancy Fund Description Hotel occupancy tax revenue is used to promote tourism in Trophy Club by developing strong community partnerships which create a positive regional identity. Created for Fiscal Year 2007-2008, Town Council adopted and levied tax for the occupancy of hotel rooms. The Hotel Occupancy Tax Fund’s primary function is to account for the receipt and distribution of the Town’s Hotel/Motel Occupancy Tax and promote tourism to Trophy Club. Hotel Occupancy Fund Balance is expected to increase 38% this year due to the decrease of capital expenditures out of this fund. Revenues Vs. Expenditures Ending Fund Balance PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED RECREATION SUPERINTENDENT 0.25 0.25 0.25 SPECIAL EVENTS & COMMUNICATION MANAGER 0.75 0.75 0.75 RECREATION & SPECIAL EVENTS COORDINATOR 0.25 0.25 0.25 TOTAL FTEs 1.25 1.25 1.25 $0 $200,000 $400,000 $600,000 $800,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Revenues Expenditures $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 118 Annual Program of Services- 2018 Hotel Occupancy Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $87,224 $283,480 $475,747 $420,523 $564,362 $394,822 $546,610 $699,186 Revenue Hotel Occupancy Tax $235,796 $264,708 $302,374 $443,400 $473,261 $477,994 $482,774 $487,601 July 4th Revenue - - 3,310 5,000 12,500 5,000 5,000 5,000 Interest Income 163 519 763 500 4,500 700 800 800 Total Revenue $235,959 $265,227 $306,447 $448,900 $490,261 $483,694 $488,574 $493,401 Expenditures Personnel Salaries $- $- $- $81,702 $80,218 $80,933 $82,551 $84,202 Overtime - - - 20,000 814 20,000 20,000 20,000 Longevity - - - 521 527 456 539 621 Stipend - - - 750 938 - - - Retirement - - - 13,531 10,088 13,178 13,399 13,624 Medical Insurance - - - 8,733 6,047 7,065 7,065 7,065 Dental Insurance - - - 561 374 466 466 466 Vision Insurance - - - 62 51 62 62 62 Life Insurance & Other - - - 539 427 532 532 532 Social Security Taxes - - - 6,338 4,789 6,286 6,392 6,499 Medicare Taxes - - - 1,493 1,119 1,470 1,495 1,520 Unemployment Taxes - - - 214 51 214 214 214 Workers' Compensation - - - 1,962 1,747 1,944 1,983 2,022 Total Personnel $- $- $- $136,406 $107,190 $132,606 $134,698 $136,827 Services & Supplies Advertising $- $2,350 $- $44,000 $1,000 $56,500 $56,500 $56,500 Service Charges & Fees ----50 --- Printing - 14,150 - - - - - - Communications/Pagers/Mobiles - - - - 1,010 - - - Event Rentals 39,703 56,460 72,961 46,825 48,325 1,500 1,500 1,500 Dues & Membership - - - 3,100 3,100 3,300 3,300 3,500 July 4 Celebration - - - 27,000 24,000 88,000 90,000 91,000 Total Services & Supplies $39,703 $72,960 $72,961 $120,925 $77,485 $149,300 $151,300 $152,500 Capital Capital Outlay $- $- $44,871 $380,000 $475,126 $50,000 $50,000 $50,000 Total Capital $- $- $44,871 $380,000 $475,126 $50,000 $50,000 $50,000 Total Expenditures $39,703 $72,960 $117,832 $637,331 $659,801 $331,906 $335,998 $339,327 Other Sources (Uses) Transfer Out $- $- $(100,000) $- $- $- $- $- Total Other Sources (Uses) $- $- $(100,000) $- $- $- $- $- Net Increase (Decrease) $196,255 $192,267 $88,615 $(188,431) $(169,540) $151,788 $152,576 $154,074 Ending Fund Balance $283,480 $475,747 $564,362 $232,092 $394,822 $546,610 $699,186 $853,260 119Annual Program of Services- 2018 Street Maintenance Sales Tax Fund Fund Description The Street Maintenance Sales Tax Fund is used to provide a safe, clean, and well-maintained roadway system to the residents of Trophy Club. This fund receives all of its revenue from 0.25% sales tax. The fund balance of the Street Maintenance Sales Tax Fund Balance is anticipated to increase 29% due to the decrease in street maintenance expenses associated with street panel replacement. Revenues Vs. Expenditures Ending Fund Balance PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED STREETS SUPERINTENDENT 0.0 0.0 0.2 STREETS SUPERVISOR 0.0 0.0 0.2 STREET MAINTENANCE WORKER 1.0 1.0 1.0 TOTAL FTEs 1.0 1.0 1.4 $0 $50,000 $100,000 $150,000 $200,000 $250,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED Revenues Expenditures $(20,000) $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 120 Annual Program of Services- 2018 Street Maintenance Sales Tax Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $46,700 $39,915 $65,306 $2,080 $(5,016) $35,504 $45,826 $68,763 Revenue Sales Tax $161,392 $182,882 $200,310 $223,754 $225,812 $232,750 $247,404 $255,265 Interest Income - 21 30 - - - - - Total Revenue $161,392 $182,903 $200,340 $223,754 $225,812 $232,750 $247,404 $255,265 Expenditures Personnel Salaries $16,110 $20,995 $23,249 $33,176 $15,613 $64,459 $65,748 $67,063 Overtime 317 827 - - 31 - - - Longevity 405 - - 145 145 1,362 1,482 1,602 Stipend 864 360 540 750 300 - - - Retirement 2,615 3,078 3,088 4,477 2,098 8,555 8,738 8,925 Medical Insurance 2,443 4,964 5,363 7,857 3,450 7,328 7,328 7,328 Dental Insurance 167 381 507 713 253 618 618 618 Vision Insurance 37 96 96 69 29 73 73 73 Life Insurance & Other 146 214 234 243 122 472 472 472 Social Security Taxes 1,119 1,165 1,273 2,066 936 4,081 4,168 4,257 Medicare Taxes 262 273 298 494 221 954 975 996 Unemployment Taxes 149 83 122 171 (12) 239 239 239 Workers' Compensation 1,630 1,185 1,162 2,014 1,794 3,143 3,206 3,270 Total Personnel $26,264 $33,621 $35,931 $52,175 $24,980 $91,284 $93,047 $94,843 Services & Supplies Vehicle Maintenance $1,565 $3,663 $3,218 $3,700 $3,812 $3,520 $3,520 $3,520 Street Maintenance 99,456 53,423 149,493 100,000 100,000 75,000 75,000 75,000 Signs & Markings 19,687 34,705 16,204 15,000 25,000 20,000 20,000 20,000 Fuel 7,892 6,344 4,871 5,400 4,500 5,625 5,900 6,200 Small Tools - 731 737 700 2,000 2,000 2,000 2,000 Miscellaneous Expense 25 25 - - - - - - Total Service & Supplies $128,626 $98,891 $174,523 $124,800 $135,312 $106,145 $106,420 $106,720 Capital Capital Outlay - - $35,208 - - - - - Total Capital $- $- $35,208 $- $- $- $- $- Total Expenditures $154,890 $132,512 $245,663 $176,975 $160,180 $197,429 $199,467 $201,563 Other Sources (Uses) Transfer Out $(13,287) $(25,000) $(25,000) $(25,000) $(25,000) $(25,000) $(25,000) $(25,000) Total Sources Other (Uses) $(13,287) $(25,000) $(25,000) $(25,000) $(25,000) $(25,000) $(25,000) $(25,000) Net Increase (Decreases) $(6,785) $25,391 $(70,322) $21,779 $40,520 $10,321 $22,937 $28,702 Ending Fund Balance $39,915 $65,306 $(5,016) $23,859 $35,504 $45,826 $68,763 $97,465 121Annual Program of Services- 2018 Tax Increment Reinvestment Zone (TIRZ) #1 Fund Fund Description The Tax Increment Reinvestment Zone #1 (TIRZ#1) fund was created to aid development of the Trophy Wood District through the contribution of 60% of the Town’s real property increment, and 25% of the Towns $0.01 general fund sales tax generated within the zone. Tarrant County contributes 60% of their real property increment, as well. The Fund Balance of the TIRZ #1 is anticipated to decrease 79% due to a $350,000 payment to a developer for infrastructure improvements in the Trophy Wood District. Ending Fund Balance TIRZ #1 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Working Capital $- $- $10,273 $(383,632) $(379,235) $(330,420) $(593,324) $(465,206) Revenue Property Tax $- $10,273 $10,492 $80,174 $46,083 $76,796 $107,508 $110,734 Sales Tax - - - 12,500 10,000 10,300 20,609 21,227 Total Revenue $- $10,273 $10,492 $92,674 $56,083 $87,096 $128,117 $131,961 Expenses Incentive Programs $- $- $400,000 $- $7,268 $350,000 $- $- Total Expenses $- $- $400,000 $- $7,268 $350,000 $- $- Net Increase (Decrease) $- $10,273 $(389,508) $92,674 $48,815 $(262,904) $128,117 $131,961 Ending Working Capital $- $10,273 $(379,235) $(290,958) $(330,420) $(593,324) $(465,207) $(333,246) $(700,000) $(600,000) $(500,000) $(400,000) $(300,000) $(200,000) $(100,000) $- $100,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 122 Annual Program of Services- 2018 Recreation Program Fund Fund Description The Recreation Program Fund was created to account for the revenues and expenditures associated with recreational programs within the Town of Trophy Club. Expenditures are expected to be matched with program revenues. Revenues Vs. Expenditures Recreational Programs Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $- $2,813 $3,396 $3,395 $2,271 $2,271 $2,271 $2,271 Revenue Recreation Programs $15,593 $10,054 $10,398 $8,000 $8,000 $8,500 $9,000 $9,500 Total Revenue $15,593 $10,054 $10,398 $8,000 $8,000 $8,500 $9,000 $9,500 Expenditures Recreation Programs $12,781 $9,471 $11,523 $8,000 $8,000 $8,500 $9,000 $9,500 Total Expenditures $12,781 $9,471 $11,523 $8,000 $8,000 $8,500 $9,000 $9,500 Net Increase (Decrease) $2,813 $583 $(1,125) $- $- $- $- $- Ending Fund Balance $2,813 $3,396 $2,271 $3,395 $2,271 $2,271 $2,271 $2,271 $- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Revenue Expenditures 123Annual Program of Services- 2018 Anniversary Fund Fund Description The Anniversary Fund was created due to remaining donations that were specifically collected for the celebration of the Town of Trophy Club’s 25th Anniversary. These funds can only be used to purchase services and supplies for anniversary events. Anniversary Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Fund Balance $2,114 $2,114 $3,497 $- $- $- $- $- Revenue Miscellaneous Contributions $- $10,879 $24 $- $- $- $- $- Total Revenue $- $10,879 $24 $- $- $- $- $- Expenditures Community Events $- $9,496 $2,819 $- $- $- $- $- Total Expenditures $- $9,496 $2,819 $- $- $- $- $- Other Sources (Uses) Transfer Out $- $- $(702) $- $- $- $- $- Total Sources Other (Uses) $- $- $(702) $- $- $- $- $- Net Increase (Decrease) $- $1,383 $(3,497) $- $- $- $- $- Ending Fund Balance $2,114 $3,497 $- $- $- $- $- $- Ending Fund Balance $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 125Annual Program of Services- 2018 Trophy Club Park Fund Fund Description To provide the facilities and programs that meet the recreational needs of Trophy Club as it develops, preserve open space for the enjoyment of all visitors and provide specific areas for environmental education. The Trophy Club Park Fund is aimed towards ensuring that all current Trophy Club Park facilities and programs are maintained and operated at a standard of excellence. To this end, the fund is also intended to explore and create new facilities and programs that allow Trophy Club residents to utilize the park resources to the fullest extent possible. Much of the equestrian/pedestrian trail work in this park continues to be performed by volunteers. The fund balance for the Trophy Club Park Fund Balance is expected to enter the positive during FY18 due to a reduction in personnel cost and full year revenue. PERFORMANCE MATRIX Workload Measures FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL FY 2018 ESTIMATE Motorized trails maintained (miles)9 9 7 7 7 Non-motorized trails maintained (miles)4 7 11 11 11 Park attendant monitoring (hours per week)32 32 30 30 30 Special events at park 6 6 3 3 3 Classes offered at park 4 3 10 12 12 Ending Working Capital $(150,000) $(100,000) $(50,000) $- $50,000 $100,000 $150,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 126 Annual Program of Services- 2018 Revenues Vs. Expenditures Trophy Club Park FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Working Capital $(6,470) $1,830 $(52,106) $(143,913) $(62,054) $(30,381) $11,987 $57,824 Revenue Park Revenue $150,925 $77,503 $46,270 $165,000 $160,000 $165,000 $170,000 $175,000 Interest Income - 6 - - - - - - Miscellaneous Revenue - - 61,106 - 8,575 - - - Total Revenue $150,925 $77,509 $107,376 $165,000 $168,575 $165,000 $170,000 $175,000 Expenses Personnel Salaries $40,096 $35,078 $37,622 $19,094 $15,551 $19,094 $19,476 $19,866 Longevity 88 112 204 - - 130 194 259 Stipend 600 900 300 - - - - - Retirement 3,487 3,550 3,386 - 731 - - - Medical Insurance 2,520 2,527 2,780 - 855 - - - Dental Insurance 147 219 216 - 53 - - - Vision Insurance 33 33 30 - 5 - - - Life Insurance & Other 209 209 211 - 23 - - - Social Security Taxes 2,457 2,183 2,250 1,184 1,221 1,192 1,220 1,248 Medicare Taxes 574 510 526 277 286 279 285 292 Unemployment taxes 403 74 229 185 80 185 185 185 Workers' Compensation 768 915 926 459 410 459 468 477 Pre-Employment Physicals/Testing - - - - 21 - - - Total Personnel $51,383 $46,310 $48,681 $21,199 $19,236 $21,339 $21,828 $22,327 PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED TCP GATE ATTENDANT 1.08 1.08 1.08 TOTAL FTEs 1.08 1.08 1.08 $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED Revenue Expenses 127Annual Program of Services- 2018 Trophy Club Park FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services & Supplies Professional Outside Services $- $2,470 $- $2,500 $- $- $- $- Auditing 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 Software & Support 2,444 6,670 8,041 4,212 4,544 4,212 4,212 4,212 Advertising 2,640 737 638 625 625 625 625 625 Printing - 1,244 - 1,000 150 600 600 600 Schools & Training 1,825 199 - 190 304 - - - Service Charges & Fees 2,859 6,104 7,120 9,000 9,706 9,680 9,680 9,680 Electricity 2,625 2,485 2,060 2,800 2,000 2,200 2,400 2,600 Water 1,720 2,907 3,088 4,225 3,000 3,900 4,700 5,170 Telephone 1,521 1,860 2,183 1,900 2,139 - - - Communications/Pagers/Mobiles 2,001 1,650 1,734 933 292 2,580 2,580 2,580 Insurance - - 1,200 1,200 1,211 1,200 1,200 1,200 Property Maintenance 26,249 17,839 4,138 10,500 20,343 7,000 7,000 7,000 Equipment Maintenance 5,243 817 1,442 5,384 3,500 3,500 3,500 3,500 Independent Labor 10,800 6,610 10,508 28,600 26,723 28,600 28,600 28,600 Portable toilets 3,944 4,200 3,193 8,400 4,182 4,020 4,020 4,020 Dues & Membership 60 30 - 115 115 115 115 115 Travel & Per Diem 776 505 324 150 - - - - Office Supplies 347 1,272 312 1,044 1,075 1,075 1,107 1,140 Postage 94 63 94 327 120 336 346 356 Fuel 1,232 776 215 1,092 500 975 975 975 Uniforms 333 310 356 670 475 475 475 475 Community Events 8,362 12,202 4,391 8,200 8,200 8,200 8,200 8,200 Small Tools 1,010 56 177 1,400 300 300 300 300 Furniture/Equipment<$5,000 590 2,267 5,997 2,999 3,774 - - - Maintenance Supplies 717 901 23 900 400 400 400 400 Miscellaneous Expense - 154 - 300 2,988 300 300 300 Depreciation Expense - 1,808 2,411 - - - - - Total Services & Supplies $78,393 $77,135 $60,644 $99,666 $97,666 $81,293 $82,335 $83,048 Capital Capital Expenses $4,850 $- $- $- $- $- $- $- Total Capital $4,850 $- $- $- $- $- $- $- Total Expenses $134,624 $123,446 $109,325 $120,865 $116,902 $102,632 $104,163 $105,375 Other Sources (Uses) Transfer Out $(8,000) $(8,000) $(8,000) $(20,000) $(20,000) $(20,000) $(20,000) $(20,000) Total Other Sources (Uses) $(8,000) $(8,000) $(8,000) $(20,000) $(20,000) $(20,000) $(20,000) $(20,000) Net Increase (Decrease) $8,300 $(53,936) $(9,949) $24,135 $31,673 $42,368 $45,837 $49,625 Ending Working Capital $1,830 $(52,106) $(62,054) $(119,778) $(30,381) $11,987 $57,824 $107,449 128 Annual Program of Services- 2018 Storm Drainage Utility Fund Fund Description The Storm Drainage Utility Fund is to provide a safe, clean, and well-maintained storm drainage system to the residents of Trophy Club. In FY11 the Storm Drainage fund was converted to a proprietary fund by a formal action of council. The Fund is responsible for directly servicing $1.7 million dollars of debt from the 2013 Certificate of Obligation. The working capital for the Strom Drainage Utility Fund is anticipated to increase 23% due to the removal of personnel expenses from the fund. PERFORMANCE MATRIX Workload Measures FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ESTIMATE Storm drain structure inspection & cleaning 1,200 1,550 1,580 1,580 1,600 Streets and gutter sweeping (curb miles)90 93 72 72 80 Storm drain system repairs 320 400 95 95 100 Ending Working Capital PERSONNEL SCHEDULE POSITION TITLE FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED INFRASTRUCTURE & DEVELOPMENT SERVICES MANAGER 0.00 0.00 0.00 STREETS SUPERVISOR 0.00 0.00 0.00 TOTAL FTEs 0.00 0.00 0.00 $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED 129Annual Program of Services- 2018 Revenues Vs. Expenditures Storm Drainage Utility Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Beginning Working Capital $237,062 $199,172 $234,000 $274,523 $242,387 $351,406 $432,855 $515,971 Revenue Storm Drainage Fee $394,692 $407,371 $420,665 $427,406 $430,000 $432,754 $436,519 $440,884 Hazardous Waste Stipend 5,000 - - - - - - - Miscellaneous Revenue 26,001 - - - - - - - Interest Income 25 137 914 500 750 500 500 500 Total Revenue $425,718 $407,508 $421,579 $427,906 $430,750 $433,254 $437,019 $441,384 Expenses Personnel Services Salaries $23,864 $16,716 $22,991 $- $- $- $- $- Overtime 575 243 - - - - - - Longevity 349 394 65 - - - - - Stipend 750 375 188 - - - - - Retirement 3,715 2,464 2,989 - - - - - Medical Insurance 2,665 1,404 1,036 - - - - - Dental Insurance 298 98 104 - - - - - Vision Insurance 41 20 20 - - - - - Life Insurance & Other 234 127 151 - - - - - Social Security Taxes 1,559 1,082 1,412 - - - - - Medicare Taxes 365 253 330 - - - - - Unemployment Taxes 103 (25) 43 - - - - - Workman's Compensation 1,295 1,306 108 - - - - - Total Personnel $35,812 $24,457 $29,436 $- $- $- $- $- $- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 BUDGET FY 2016 ESTIMATE FY 2017 ADOPTED FY 2018 PROJECTED FY 2019 PROJECTED Revenue Expenses 130 Annual Program of Services- 2018 Storm Drainage Utility Fund FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 BUDGET FY 2017 ESTIMATE FY 2018 ADOPTED FY 2019 PROJECTED FY 2020 PROJECTED Services & Supplies Professional Outside Services $- $24,334 $36,685 $36,400 $21,500 $23,000 $24,000 $25,000 Engineering/Construction 5,356 68,037 20,922 80,000 20,000 20,000 20,000 20,000 Trash Removal/Recycling 2,021 1,692 2,115 2,000 2,000 2,000 2,000 2,000 Street Sweeping 4,720 - 6,344 12,000 3,744 7,488 7,488 7,488 Independent Labor 30,070 17,306 9,897 22,000 27,000 53,820 54,000 55,000 Dues & Membership 200 100 100 200 200 200 200 200 Fuel 446 - - - - - - - Miscellaneous Expense 1,331 12,764 - - - - - - Depreciation Expense - 30,851 43,460 - - - - - Total Services & Supplies $44,145 $155,084 $119,523 $152,600 $74,444 $106,508 $107,688 $109,688 Capital Transfer to Drainage Capital Projects $200,000 -$36,488 $50,000 ---- Total Capital $200,000 $- $36,488 $50,000 $- $- $- $- Debt Service Principal $140,000 $140,000 $140,000 $145,000 $145,000 $150,000 $155,000 $160,000 Interest 23,045 25,788 25,540 31,775 35,400 28,088 24,275 20,400 Total Debt Service $163,045 $165,788 $165,540 $176,775 $180,400 $178,088 $179,275 $180,400 Total Expenses $443,001 $345,330 $350,987 $379,375 $254,844 $284,596 $286,963 $290,088 Other Sources (Uses) Transfer In $6,460 $- $- $- $- $- $- $- Transfer Out (27,067) (27,350) (62,206) (66,887) (66,887) (67,209) (66,937) (67,533) Total Other Sources $(20,607) $(27,350) $(62,206) $(66,887) $(66,887) $(67,209) $(66,937) $(67,533) Net Increase (Decrease) $(37,890) $34,828 $8,386 $(18,356) $109,019 $81,449 $83,119 $83,763 Ending Working Capital $199,172 $234,000 $242,387 $256,167 $351,406 $432,855 $515,974 $599,737 131Annual Program of Services- 2018 Total Debt Service Principal Interest Total 2018 150,000 28,088 178,088 2019 155,000 24,275 179,275 2020 155,000 20,400 175,400 2021 160,000 16,462 176,462 2022 165,000 12,194 177,194 2023 170,000 7,588 177,588 2024 175,000 2,625 177,625 2025 175,000 2,625 177,625 $1,130,000 $111,632 $1,241,632 Storm Drainage Fund Debt Schedule* *Does not include proposed debt issuances. 133Annual Program of Services- 2018 Capital Improvement Program The Capital Improvement Program (CIP) represents the Town’s plan for development. The Capital Improvement Program is reviewed each year to reflect changing priorities and to provide a framework for identifying capital requirements, the impact of capital projects on operating budgets, scheduling, and coordinating related projects. Capital project funds are created to account for proceeds from the sale of general obligation bonds, certificates of obligation, tax or revenue notes, or operating funds set aside or reserved for such projects to be used for the costs associated with the acquisition or construction of major capital improvements. Budgets are developed by project and may transcend more than one fiscal year. The Capital Improvement Program budget is prepared based on the following criteria: 1. Public safety, health, and life 2. Service demands 3. Legal requirements, liability, and mandate 4. Quality and reliability of current service level 5. Economic growth and development 6. Funding ability 7. Operating budgets The five-year Capital Improvement Program shown on the next page illustrates, by fund and function, the estimated costs for equipment purchases and/or improvement projects. For Fiscal Year 2017-2018, vehicle and equipment purchases have been fully funded within the Capital Replacement Fund (a component of the General Fund pg. 46). 134 Annual Program of Services- 2018 Capital Improvement Program: Projects in Progress and Currently Funded Projects Project Name Fund Funding Source Project Phase Description Indian Creek Drive Capital Projects Fund / Storm Drainage Fund 2016 CO / 2017 CO Planning Reconstruction of Indian Creek Drive from Meadowbrook to Harmony Park (Built in 1976) Phoenix Drive Capital Projects Fund / Storm Drainage Fund 2016 CO / 2017 CO Planning Reconstruction of a neighborhood street and any needed storm drainage infrastructure repair or replacement (Built in 1977) Trophy Club Drive (Durango Drive to Bobcat Blvd.) Capital Projects Fund / Storm Drainage Fund 2017 CO Planning Street reconstruction from Durango Drive to Bobcat Blvd. (Built in 1974) Wayfinding Signage, Parks Signage, Entryway Monumentation and Public Art Capital Projects Fund / Hotel Occupancy Fund / General Fund Hotel Occupancy Fund Planning Provide wayfinding signage throughout Town, monument signage at Town Parks, and entry way monumentation and public art. Meadowbrook Lane Capital Projects Fund / Storm Drainage Fund 2017 CO Planning Reconstruction of a neighborhood street and any needed storm drainage infrastructure repair or replacement (Built in 1980) Sundance Court Capital Projects Fund / Storm Drainage Fund 2017 CO Planning Reconstruction of a neighborhood street and any needed storm drainage infrastructure repair or replacement (Built in 1979) Inverness Drive Capital Projects Fund / Storm Drainage Fund 2017 CO Planning Reconstruction of a neighborhood street and any needed storm drainage infrastructure repair or replacement (Built from 1976 to 1979). Trophy Club Drive (to Carnoustie Drive) Capital Projects Fund / Storm Drainage Fund 2017 CO/Proposed Bonds Planning Street reconstruction from 1122 Trophy Club Drive to Carnoustie Drive (Built in 1974). Subtotal: Projects in Progress/Currently Funded 135Annual Program of Services- 2018 Capital Improvement Program: Projects in Progress and Currently Funded Projects Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Annual Operating Budget Impact $126,000 $1,008,000 $882,000 $- $- $- $2,016,000 $- $57,960 $527,940 $441,000 $- $- $- $1,026,900 - $66,000 $1,254,000 $452,760 $- $- $- $1,772,760 - $- $50,000 $50,000 $50,000 $50,000 $50,000 $300,000 8,000 $- $92,400 $237,600 $158,400 $- $- $488,400 - $- $26,400 $150,480 $92,400 $- $- $269,280 - $- $- $- $278,000 $166,800 $444,800 - $- $- $- $1,390,000 $387,810 $- $1,777,810 - $249,960 $2,958,740 $2,213,840 $1,968,800 $604,610 $50,000 $8,045,950 $8,000 'TOTAL' column reflects total cost of project including additional outyears not shown. 136 Annual Program of Services- 2018 Capital Improvement Program: Future Funded Projects Project Name Fund Funding Source Project Phase Description Trophy Club Dr. (Roundabout to Meadow Creek) Capital Projects Fund 2016 CO / Proposed Bonds / Grant Funds Planning Street reconstruction from the roundabout to Meadow Creek (Built in 1974) Creekmere Drive Capital Projects Fund / Storm Drainage Fund Proposed Bonds / Drainage Fund Operations Planning Reconstruction of a neighborhood street and any needed storm drainage infrastructure repair or replacement (Built in 1980) Skyline Drive Capital Projects Fund / Storm Drainage Fund Proposed Bonds / Drainage Fund Operations Planning Reconstruction of a neighborhood street and any needed storm drainage infrastructure repair or replacement (Built in 1980) Round Rock Court Capital Projects Fund / Storm Drainage Fund Proposed Bonds Planning Reconstruction of a neighborhood street and any needed storm drainage infrastructure repair or replacement (Built in 1979). Trophy Lake Drive Capital Projects Fund / Storm Drainage Fund Proposed Bonds Planning Street reconstruction from Village Trail to SH 114 (Built in 1979). Subtotal: Future Funded Projects 137Annual Program of Services- 2018 Capital Improvement Program: Future Funded Projects Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Annual Operating Budget Impact $ - $ - $ - $ - $ 803,000 $ 240,900 $ 1,043,900 $ - - - - - 730,000 255,500 985,500 - - - - - 584,000 211,700 795,700 - - - - - - 186,000 227,850 - - - - - - 1,705,000 2,162,250 - $ - $ - $ - $ - $ 2,117,000 $ 2,599,100 $ 5,215,200 $ - 'TOTAL' column reflects total cost of project including additional outyears not shown. 138 Annual Program of Services- 2018 Operation and Maintenance Costs Annually, the projected costs of operations and maintenance associated with capital projects anticipated to be completed and coming on-line are estimated and included in the respective departments’ operating budget. Any associated tax rate impact and/or estimated user fee analysis is included in each fiscal year’s adopted budget. The Town Council discusses and debates funding options during budget deliberations. Street reconstruction, parking lot reconstruction, and drainage improvements are not anticipated to have additional maintenance expenditures within the five-year window. Costs associated with on-going operations are shown in accordance to the cost to contract maintenance services. The Town may choose to utilize Town Staff, which would likely have similar cost- but also with a higher service level. On-going operating costs for facility construction is estimated on the basis of the new facility’s cost of utilities, janitorial services, supplies, and general building and parking lot maintenance less the costs associated with the facility being replaced, if applicable. In the engineering phase of facility development, more accurate assumptions can be formed in regards to these costs. Capital Improvement Program: Future Consideration (Unfunded Projects) Project Name Fund Description Projected Start Date Troon Court Drive Capital Projects Fund Street reconstruction from Indian Creek to cul-de-sac Fiscal Year 2023 Muirfield Court Capital Projects Fund Street reconstruction Fiscal Year 2023 Woodlands Court Capital Projects Fund Street reconstruction Fiscal Year 2023 Portland Drive Capital Projects Fund Street reconstruction Fiscal Year 2023 Wilshire Court Capital Projects Fund Street reconstruction Fiscal Year 2024 Lee Court Capital Projects Fund Street reconstruction Fiscal Year 2024 Glendale Court Capital Projects Fund Street reconstruction Fiscal Year 2024 Ross Court Capital Projects Fund Street reconstruction Fiscal Year 2025 Llano Drive Capital Projects Fund Street reconstruction Fiscal Year 2025 T.W. King Parking Area/ Emergency Exit Capital Projects Fund Parking lot / emergency exit construction Fiscal Year 2025 Bobcat Blvd.Storm Drainage Fund Drainage system improvements Fiscal Year 2025 139Annual Program of Services- 2018 Indian Creek Drive Project Description: The street and drainage will be reconstructed from Meadowbrook to Harmony Park. The street was originally constructed in 1977. Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ 126,000 $ 1,008,000 $ 882,000 $ - $ - $ - $ 2,016,000 Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total 2016 CO 126,000 1,008,000 66,000 ---1,200,000 2017 CO --816,000 ---816,000 Funding Total $ 126,000 $ 1,008,000 $ 882,000 $ - $ - $ - $ 2,016,000 140 Annual Program of Services- 2018 Project Funding Funding Type Total Prior Funding FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Total 2016 CO 57,960 527,940 14,100 ---600,000 2017 CO --429,900 ---426,900 Funding Total $ 57,960 $ 527,940 $ 441,000 $ - $ - $ - $ 1,026,900 Phoenix Drive Project Description: The street will be reconstructed and any drainage infrastructure repair or replacement that is needed will be done simultaneously. The street was originally constructed in 1977. Impact on Operating Budget Impact Type Total Prior Expenditures FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ 57,960 $ 527,940 $ 441,000 $ - $ - $ - $ 1,026,900 141Annual Program of Services- 2018 Trophy Club Drive Project Description: This project will reconstruct the street from Durango Drive to Bobcat Blvd. The street was originally built in 1974. Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total 2017 CO 66,000 1,254,000 452,760 - - - 1,772,760 Funding Total $ 66,000 $ 1,254,000 $ 452,760 $ - $ - $ - $1,772,760 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ 66,000 $ 1,254,000 $ 452,760 $ - $ - $ - $ 1,772,760 142 Annual Program of Services- 2018 Wayfinding, Parks, & Entryway Signage Project Description: The Town of Trophy Club has developed, in stages, a variety of monumentation and signage. This project will contract a professional design firm to create design standards for entry way monumentation, parks signage and wayfinding signs. The professional service will also aid in the selection and placement of public art in Trophy Club. Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 300,000 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance --8,000 8,000 8,000 8,000 32,000 Impact Total $ - $ -$ 8,000 $ 8,000 $ 8,000 $ 8,000 $ 32,000 Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Hotel Occupancy (Operating Funds)50,000 50,000 50,000 50,000 50,000 50,000 300,000 Funding Total $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 300,000 143Annual Program of Services- 2018 Meadowbrook Lane Project Description: This project will reconstruct the neighborhood street and any needed storm drainage infrastructure. This street was originally built in 1980. Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ 92,400 $ 237,600 $ 158,400 $ - $ - $ 488,400 Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total 2017 CO - 92,400 237,600 158,400 - - 488,400 Funding Total $ - $ 92,400 $ 237,600 $ 158,400 $ - $ - $ 488,400 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - 144 Annual Program of Services- 2018 Sundance Court Project Description: This project will reconstruct the neighborhood street and repair or replace any needed drainage infrastructure. The street was originally built in 1979. Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ 26,400 $ 150,480 $ 92,400 $ - $ - $ 269,280 Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total 2017 CO - 26,400 150,480 92,400 - - 269,280 Funding Total $ - $ 26,400 $ 150,480 $ 92,400 $ - $ - $ 269,280 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - 145Annual Program of Services- 2018 Inverness Drive Project Description: This project will reconstruct the neighborhood street and repair or replace any needed drainage infrastructure. The street was originally built in 1976. Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ - $ - $ 278,000 $ 166,800 $- $444,800 Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total 2017 CO --- 278,000 166,800 - 444,800 Funding Total $ - $ - $ - $ 278,000 $ 166,800 $- $ 444,800 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - 146 Annual Program of Services- 2018 Trophy Club Drive Project Description: This project will reconstruct Trophy Club Drive from 22 Trophy Club Drive to Carnoustie Drive and repair or replace any needed drainage infrastructure. The street was originally built in 1979. Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Proposed Bonds --- 1,390,000 387,810 - 1,777,810 Funding Total $ - $ - $ - $ 1,390,000 $ 387,810 $ - $ 1,777,810 Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ - $ - $ 1,390,000 $ 387,810 $ - $ 1,777,810 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - 147Annual Program of Services- 2018 Trophy Club Drive Project Description: Reconstruct Trophy Club Dr. from the roundabout to Meadow Creek. The street was originally built in 1974. Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ - $ - $ - $ 803,000 $ 240,900 $ 1,043,900 Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Proposed Bonds - - - - 803,000 240,900 1,043,900 Funding Total $ - $ - $ - $ - $ 803,000 $ 240,900 $ 1,043,900 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - 148 Annual Program of Services- 2018 Creekmere Drive Project Description: This project will reconstruct the neighborhood street and repair or replace any needed drainage infrastructure. The street was originally built in 1980. Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ - $ - $- $730,000 $255,500 $985,500 Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Proposed Bonds - - - - 730,000 255,500 985,500 Funding Total $ - $ - $ - $ - $ 730,000 $ 255,500 $ 985,500 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - 149Annual Program of Services- 2018 Skyline Drive Project Description: This project will reconstruct the neighborhood street and repair or replace any needed drainage infrastructure. The street was originally built in 1980. Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Proposed Bonds - - - - 584,000 211,700 795,700 Funding Total $ - $ - $ - $ - $ 584,000 $ 211,700 $ 795,700 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ - $ - $ - $ 584,000 $ 211,700 $ 795,700 150 Annual Program of Services- 2018 Round Rock Court Project Description: This project will reconstruct the neighorhood street and repair or repave any needed drainage infrastructure. The street was originally built in 1979. Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Proposed Bonds - - - - - 186,000 227,850 Funding Total $ - $ - $ - $ - $ - $ 186,000 $ 227,850 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ - $ - $ - $ - $ 186,000 $ 227,850 151Annual Program of Services- 2018 Trophy Lake Drive Project Description: This project will reconstruct the street from Village Trail to SH 114. The street was originally built in 1979. Project Funding Funding Type Total Prior Funding FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Proposed Bonds - - - - - 1,705,000 2,162,250 Funding Total $ - $ - $ - $ - $ - $ 1,705,000 $ 2,162,250 Impact on Operating Budget Impact Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Maintenance ------- Impact Total $ - $ - $ - $ - $ - $ - $ - Project Expenses Expenditures Type Total Prior Expenditures FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Total Expenditure Total $ - $ - $ - $ - $ - $ 1,705,000 $ 2,162,250 152 Annual Program of Services- 2018 154 Annual Program of Services- 2018 TOWN OF TROPHY CLUB About the The Town of Trophy Club is a quiet oasis amidst the hustle and bustle of the Dallas-Fort Worth Metroplex. Upon arriving to our unique community, the winding roads and beautifully landscaped medians exude the feeling of home. Trophy Club provides small- town ambiance while fostering community involvement and an active lifestyle. A network of close-knit, lovely neighborhoods intertwine to form our beautiful community, a township where people care about each other and come together for fellow neighbors. Centrally located along the Highway 114 corridor between DFW and Alliance airports, Trophy Club seamlessly balances small-town charm with quick, convenient access to big-city shopping, dining and amenities. Trophy Club businesses benefit from the large, built-in consumer population and the close proximity to corporate campuses. Easy on/off access from State Highway 114 makes Trophy Club an excellent location for commuters, restaurants and retailers. Trophy Club provides over 14 miles of trails, 1,000 acres of parks, lakes, and ballfields. Driving down the tree lined streets it’s easy to see why Trophy Club has been named Tree City, 56USA by the National Arbor Day Foundation for 13 years. Trophy Club has one of the lowest crime rates in DFW and is consistently recognized as a safe community by various publications in our area. Additionally, our first responders provide superior emergency management services and regularly interact with residents to help bolster strong relationships with the citizenry. The award-winning Northwest Independent School District (NISD) governs several exemplary schools in town, including two elementary schools, a middle school and the acclaimed Byron Nelson High School. Academically, NISD has received a state accountability rating of “Recognized” for many years. Byron Nelson High School had over 2,500 students enrolled in 2016 and its athletic programs have produced State Champion Girls Golf and State Champion Boys Soccer teams. While the Town is active in planning for the future, we acknowledge and appreciate our past. Being a “Country Club” community that is golf cart friendly, the Town is centered around the only golf course designed by golfing legend Ben Hogan. The Trophy Club Country Club offers two challenging 18-hole golf courses with great views and luxury facilities. Trophy Club elected officials, resident volunteers and Town staff work to ensure that Trophy Club governance remains solid and with a purpose to maintain our mantra of being "A Great Place to Call Home!" Median Income $128,000+ 155Annual Program of Services- 2018 TOWN OF TROPHY CLUB HomesAverage Appraised Home Value Population 12,000+$430,000+4,300+ 156 Annual Program of Services- 2018 Financial Policies Procurement Policies and Procedures Nothing is more regulated than the utilization of public funds. Laws are constantly changing and to draft a comprehensive policy the Town contracted with a finance professional that had over 20 years of governmental procurement experience. The new purchasing manual was completed and implemented in FY 2016. Purpose The purpose of the Town’s Procurement Policy is to provide the parameters for the expenditure of funds in the procurement of goods and services for the Town of Trophy Club. The policies and procedures outlined herein are intended to comply with the Town of Trophy Club’s Mission and legally mandated federal and state statutes. The goal of procurement is to obtain the right product or service, in the right quantity and quality, at the right time and price. The objective of this manual is for all personnel involved with procurement activities for the Town of Trophy Club to be confident the execution of these policy and procedures will achieve the goal, benefiting not only the Town but all citizens of Trophy Club. FY 2017 Changes Under the direction of Town Council the purchasing limit for the Town Manager was lowered from $50,000 to $25,000. Any item over $25,000 goes before the Town Council during a regularly scheduled council meeting. Link: https://files.acrobat.com/a/preview/521a7e1e-3b81-48a8- b514-ef5923522cf9 Investment Policy Effective cash management is recognized as essential to good fiscal management. Investment interest is a source of revenue to Trophy Club funds. Trophy Club’s investment portfolio shall be designed and managed in a manner designed to maximize this revenue source, to be responsive to public trust, and to be in compliance with legal requirements and limitations. Purpose The purpose of this investment policy is to comply with Chapter 2256 of the Government Fund Balance Policy Fund Balance is essential to the Town's saving account. These funds can be used to fund the Town's shortfalls, one-time capital expenditures, or designated to a special project. The Fund Balance Policy lays out the rules of use and provides a general overview of the intricacies of governmental fund balance. Purpose The purpose of this policy is to establish a key element of the financial stability of the Town by setting guidelines for fund balance. Unassigned fund balance is an important measure of economic stability. It is essential that the Town maintain adequate levels of unassigned fund balance to mitigate financial risk that can occur from unforeseen revenue fluctuations, unanticipated expenditures, and similar circumstances. The fund balance also provides cash flow liquidity for the Town’s general operations. Link: https://files.acrobat.com/a/preview/19992e4e-7043-4dd5- a3ae-81e4ce880435 Fleet Replacement Policy It is the goal of the Town of Trophy Club to provide staff with the tools needed to do the job in a professional, competent, and safe manner. Among the biggest “tools” in accomplishing the task are motor vehicles. In addition, these items are a very substantial financial investment and need to be handled in the most economic manner to the Town, both in their operation and in maximizing their disposal value. Purpose The primary goals of the Fleet Replacement Policy is to lay out a systematic approach to determine whether a vehicle needs to be replaced based on five criteria: age, mileage/hours, maintenance costs, condition, and other considerations. Link: https://files.acrobat.com/a/preview/910382e4-bfa1-46ad- 8811-1c79023bcaf7 Code (“Public Funds Investment Act”), which requires the Town of Trophy Club to adopt a written investment policy regarding the investment of its funds and funds under its control. The Investment Policy addresses the methods, procedures and practices that must be exercised to ensure effective and judicious fiscal management of Trophy Club’s funds. The primary goals of the Investment Policy is to safely preserve the principal of the investment, maintain sufficient liquidity to meet operational needs, increase public trust, and optimize interest earnings. Link: https://files.acrobat.com/a/preview/b74a4e06-5857-4336- af29-79f420273e09 Cash Handling Policy Protecting the Towns most liquid asset, cash, is of the utmost importance. Purpose The primary goals of the Cash Handling policy is to demonstrate the principles of good cash handling, discern the different types of deposits, and layout a process for accepting payments in change. FY 2018 Changes During FY18 this policy will be reviewed and updated. Link: https://files.acrobat.com/a/preview/cdc022af-a623-4c91- bfea-dfa4e6f8b659 Debt Management Policies and Procedures Managing the Town's outstanding debt obligations in paramount. This policy lays out the Town of Trophy Club's internal and external policies. Purpose The purpose of the Town’s Debt Management Policy is to provide the parameters for issuance and management of debt to construct or acquire major capital assets. The policies and procedures outlined are intended to comply with the Town of Trophy Club’s Mission and federal and state statutory requirements. Link: https://files.acrobat.com/a/preview/cd04a2d5-bef8-4755- b2f6-fb7b501104bb The Town's Financial Policies provides an overview of the Town of Trophy Club’s rules and regulations associated for Finance. Each Policy was developed to be in compliance the federal, state, and local laws and regulations. The Town of Trophy Club has six financial policies. In an effort to save paper, provide greater transparency, and create a more user friendly budget the polices are now located on the Town's website. Links will be provided after a discussion of each policy. 157Annual Program of Services- 2018 The Annual Program of Services contains specialized and technical terminology that is unique to public finance and budgeting. To assist the reader of this document in understanding these terms, a budget glossary has been included in this document. Accrual Basis: A basis of accounting under which transactions are recognized when they occur, regardless of the timing of related cash flows. For example, in accrual accounting, revenue that was earned between April 1 and June 30, but for which payment was not received until July 10, is recorded as being received on June 30 rather than July 10. Adjusted Tax Roll: Calculated by adding the properties under protest to the July Certified Tax Roll, less the sum of the tax ceiling, annexed properties, and new improvements. Ad Valorem Taxes (Current): All property, real, personal, tangible, intangible, annexations, additions, and improvements to property located within the taxing unit’s jurisdiction, which are subject to taxation on January 1 of the current fiscal year. Each year, by ordinance, the Town Council exempts taxes on automobiles and other items from the tax levy. Following the final passage of the appropriation ordinance, Town Council sets the tax rate and levy for the fiscal year beginning October 1 and continuing through the following September 30. Ad Valorem Taxes (Delinquent): All taxes are due on receipt of bill and are delinquent if not paid before February 1 of the fiscal year in which they are imposed, except when the taxing unit postpones the delinquency date due to late mailing of tax bills or successful rollback elections. Ad Valorem Taxes (Penalty and Interest): A delinquent tax incurs a penalty of six percent (6%) of the amount of the tax for the first calendar month it is delinquent, plus one percent (1%) for each additional month or portion of the month the tax remains unpaid prior to July 1 of the year in which it becomes delinquent. However, the delinquent tax on July 1 incurs a total penalty of twelve percent (12%) of the amount of the delinquent tax without regard to the number of months the tax has been delinquent. Appropriation: A legal authorization granted by a governing body to make expenditures and to incur obligations for specific purposes. Appropriation Ordinance: The official enactment by the Town Council to establish legal authority for Town officials to obligate and expend resources. Assessed Valuation: A value that is established for real or personal property for use as a basis for levying property taxes. (Note: Property values are established by the Denton County Appraisal District.) Assigned Fund Balance – comprises amounts intended to be used by the government for specific purposes. Intent can be expressed by the governing body or by an official or body to which the governing body delegates the authority. In governmental funds other than the general fund, assigned fund balance represents the amount that is not restricted or committed. This indicates that resources in other governmental funds are, at a minimum, intended to be used for the purpose of that fund. Audit: A comprehensive examination of how an organization’s resources were actually utilized, concluding in a written report of the findings. A financial audit is a review of the accounting system and financial information to determine how government funds were spent and whether expenditures were in compliance with the legislative body’s appropriations. A performance audit consists of a review of how well the organization met its stated goals. Balanced Budget: funding current expenditures with current resources. Bond: A written promise to pay a sum of money on a specific date at a specified interest rate. The interest payments and the repayment of the principal are detailed in a bond ordinance. The most common types of bonds are general obligation and revenue bonds. These are most frequently used for construction of large capital projects, such as buildings, streets and bridges. Budget: A plan of financial operation embodying an estimate of proposed expenditures for a given period and the proposed means of financing them. Used without any modifier, the term usually GLOSSARY 158 Annual Program of Services- 2018 indicates a financial plan for a single fiscal year. The term “budget” is used in two senses in practice. Sometimes it designates the financial plan presented to the governing body for adoption and sometimes the financial plan finally approved by that body. It is usually necessary to specify whether the budget under consideration is preliminary and tentative or whether it has been approved by the governing body. Budget Amendment: A legal procedure utilized by the Town staff and Town Council to revise a budget appropriation. The Town of Trophy Club’s Town Charter requires Town Council approval through the adoption of a supplemental appropriation ordinance (which specifies both the source of revenue and the appropriate expenditure account) for any interfund adjustments. Town staff has the prerogative to adjust expenditures within a departmental budget. Budget Calendar: The schedule of key dates or milestones, which the Town departments follow in the preparation, adoption, and administration of the budget. Budget Document: The instrument used by the operational authority to present a comprehensive financial program to the Town Council. Budget Message: The opening section of the budget which provides the Town Council and the public with a general summary of the most important aspects of the budget, changes from the current and previous fiscal years, and the views and recommendations of the Town Manager. Capital Equipment Budget: The portion of the annual operating budget that appropriates funds for the purchase of capital equipment items. These expenditures are often separated from regular operating items, such as salaries, services, and supplies. The capital equipment budget includes funds for capital equipment purchases, which are usually distinguished from operating items according to their value and projected useful life. Examples include vehicles, equipment, furniture, machinery, building improvements, and special tools. Capital Improvements: A permanent addition to the Town’s assets, including the design and construction of buildings or facilities, streets and drainage infrastructure, and the permanent structures. Cash Management: The management of cash necessary to pay for government services while investing temporary cash excesses in order to earn interest revenue. Cash management refers to the activities of forecasting the inflows and outflows of cash, mobilizing cash to improve its availability for investment, establishing and maintaining banking relationships, and investing funds in order to achieve the highest interest and return available for temporary cash balances. Certificates of Obligation: are a financing mechanism a city may use to pay a contractual obligation incurred in: (1) a construction contract; (2) the purchase of materials, supplies, equipment, machinery, buildings, land, and rights-of-way for authorized needs and purposes; or (3) the payment of professional services, including services provided by tax appraisers, engineers, architects, attorneys, map makers, auditors, financial advisors, and fiscal agents. Commitment: The pledge of appropriated funds to purchase an item or service. Funds are committed when a requisition is issued through the purchasing division of the Town. Committed Fund Balance: the specific purposes determined by a formal action of the government’s highest level of decision-making authority. Commitments may be changed or lifted only by the government taking the same formal action that imposed the constraint originally. Cost: (1) The amount of money or other consideration exchanged for property or services. (2) Expense. Current Taxes: Taxes that are levied and due within one year. Debt Service: The Town's obligation to pay the principal and interest of all bonds and other debt instruments according to a pre-determined payment schedule. Deficit: (1) The excess of the liabilities of a fund over its assets. (2) The excess of expenditures over revenues during an accounting period; or, in the case of proprietary funds, the excess of expense over income during an accounting period. Delinquent Taxes: Taxes that remain unpaid on and after the date on which a penalty for non- payment is attached. 159Annual Program of Services- 2018 Department: An organizational unit which has the responsibility of providing programs, activities, and functions in a related field. Depreciation: The process of estimating and recording the lost usefulness, expired useful life or diminution of service from a capital asset that cannot or will not be restored by repair and will be replaced. The cost of the capital asset's lost usefulness is the depreciation or the cost to reserve in order to replace the item at the end of its useful life. Disbursement: Payment for goods and services. Division: An administrative segment of the Town, which indicates management responsibility for an operation or a group of related activities within a functional area. Divisions are the basic units of the budget upon which departments are composed. Encumbrances: Commitments related to unperformed (executory) contracts for goods or services. Expenditure: This term refers to the outflow of funds paid or to be paid for an asset obtained or goods and services obtained regardless of when the expense is actually paid. This term applies to governmental funds. Note: An encumbrance is not an expenditure. An encumbrance reserves funds to be expended. Expenses: Charges incurred (whether paid immediately or unpaid) for operation, maintenance, interest and other charges. Expenses are used for government wide financial statements and proprietary funds. Fiscal Year: The time period designated by the Town signifying the beginning and ending period for recording financial transactions. The Town of Trophy Club has specified October 1 to September 30 as its fiscal year. Fixed Assets: Assets of a long-term character which are intended to continue to be held or used, such as land, buildings, and improvements other than buildings, machinery, and other equipment. Full Faith and Credit: A pledge of the general taxing power of a government to repay debt obligations (typically used in reference to bonds.) Franchise Fee: This is a charge paid for the use of Town streets and public right of way and is in lieu of all other municipal charges, fees, street rentals, pipe taxes or rentals, easement or other like franchise fees, inspections, fees, and /or charges of every kind except only Ad Valorem and special assessment taxes for public improvements (i.e., gas, telephone and cable TV). Full-Time Equivalent (FTE): A unit of measure based on the number of hours that an employee works during the fiscal year. One FTE is equal to 2080 hours (2920 for 24 hour shift personnel). Function: A group of related activities aimed at accomplishing a major service or regulatory program for which a government is responsible. Fund: An accounting entity that has a set of self- balancing accounts and that records all financial transactions for specific activities of government functions. Fund Balance: Fund balance is the excess of assets over liabilities and is, therefore, also known as surplus funds. General Fund: The fund used to account for all financial resources except those required to be accounted for in another fund. General Obligation Bonds: Bonds that finance a variety of public projects, such as streets, buildings, and improvements. The repayment of these bonds is usually made from the General Debt Service Fund, and these bonds are backed by the full faith and credit of the issuing government. Generally Accepted Accounting Principles (GAAP): Uniform standards of and guidelines to financial accounting and reporting. They govern the form and content of the basic financial statements of an entity. They encompass the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time. They include not only broad guidelines of general application, but also detailed practices and procedures. They provide a standard by which to measure financial presentations. Governmental Funds: Those funds through which most governmental functions typically are financed. The acquisition, use and financial resources and the related current liabilities are accounted for through governmental funds (General, Special Revenue, and General Debt Service). 160 Annual Program of Services- 2018 Grants: Contributions or gifts of cash or other assets from another government to be used or expended for a specified purpose, activity, or facility. Income: A term used in proprietary fun type accounting to represents (1) revenues or (2) the excess of revenues over expenses. Interfund Transfers: Amounts transferred from one fund to another to recover the charge for administrative services. Intergovernmental Revenue: Revenue received from another governmental entity for a specified purpose. In the Town of Trophy Club, these are funds from Denton County, the State of Texas, and through recovery of indirect costs from federal and state agencies. Investments: Securities and real estate held for the production of revenues in the form of interest, dividends, rentals or lease payments. Levy: (Verb) To impose taxes, special assessments or service charges for the support of governmental activities. (Noun) The total amount of taxes, special assessments or service charges imposed by a government. Long-Term Debt: Debt with a maturity of more than one year after the date of issuance. Mixed Beverage Tax: A tax imposed on the gross receipts of a Licensee for the sale, preparation or service of mixed beverages or from the sale of ice or non-alcoholic beverages and consumed on the premised of the permittee. Modified Accrual Basis: The accrual basis of accounting adapted to the governmental fund type spending measurement focus. Under it, revenues are recognized when they become both “measurable” and “available to finance expenditures of the current period.” Expenditures are recognized when the related fund liability is incurred except for (1) inventories of materials and supplies which may be considered expenditures either when purchased or when used; (2) prepaid insurance and similar items which need not be reported; (3) accumulated unpaid vacation, sick pay and other employee benefit amounts which need not be recognized in the current period, but for which larger-than-normal accumulations must be disclosed in the notes to the financial statements; (4) interest on special assessment indebtedness which may be recorded when due rather than accrued, if approximately offset by interest earnings on special assessment levies; (5) principal and interest on long-term debt which are generally recognized when due. Nonspendable Fund Balance: includes amounts that are not in a spendable form or are required to be maintained intact. Examples are inventory or permanent funds. Operating Budget: Plan of current expenditures and the proposed means of financing them. The annual operating budget (or, in the case of some state governments, the biennial operating budget) is the primary means by which most of the financing acquisition, spending, and service delivery activities of a government are controlled. The use of annual operating budgets is usually required by law. Even where not required by law, however, annual operating budgets are essential to sound financial management and should be adopted by every government. Operating Expenses: Fund expenses which are directly related to the fund’s primary service activities. Operating Income: The excess of fund operating revenues over operating expenses. Operating Revenues: Fund revenues, which are directly related to the fund’s primary service activities. They consist primarily of use charges for services. Ordinance: A formal legislative enactment by the governing board of a municipality. If it is not in conflict with any higher form of law, such as a state statute or constitutional provision, it has the full force and effect of law within the boundaries of the municipality to which it applies. The difference between an ordinance and a resolution is that the latter requires less legal formality and has a lower legal status. Ordinarily, the statutes or charter will specify or imply those legislative actions, which must be by ordinance and those which may be by resolution. Revenue raising measures, such as the imposition of taxes, special assessments and service charges, universally require ordinances. Other Financing Sources: Governmental fund general long-term debt proceeds, operating transfers out, and material proceeds of fixed asset dispositions. Such amounts are classified separately from revenues. 161Annual Program of Services- 2018 Overlapping Debt: The proportionate share of the debts of local governments located wholly or in part within the limits of the reporting government, which must be borne by property within each government. Performance Measures: Specific quantitative and qualitative measures of work performed as an objective of the department. Workload Measures: Workload measures should reflect how well a program is performing its activities to meet the needs of the public and the organization. They should measure productivity, effectiveness, efficiency or the impact of a service provided. While activity measures indicate “how much” activity the division/department is performing, workload measures identify “how well” the division/department is performing. Program Budget: A budget that focuses upon the goal and objectives of an agency or jurisdiction rather than upon its organizational budget units or object classes or expenditures. Program Description: Describes the nature of service delivery provided at this level of funding. It clearly explains how service delivery will be different from the prior budget year. Program Goals: Program goals describe the purpose or benefit the division/department plans to provide to the community and/or organizations it serves. Goals identify the end result the division/ department desires to achieve with its activities, but goals are often ongoing and may not be achieved in one year. Property Tax: Property taxes are levied on both real and personal property according to the property’s valuation and the tax rate. Property Under Protest: Properties whose owners have filed an appraisal protest. These values are separated because their value is unknown until a ruling is given on the protest. Proprietary Fund: A fund established to account for operations (a) that are financed and operated in a manner similar to private business enterprises – where the intent of the governing body is that the costs (expenses, including depreciation) for providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges; or (b) where the governing body has decided that periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability, or other purposes. Reconciliation: A detailed analysis of changes in revenue or expenditure balances within a fund. Requisition: A written request from a department to the purchasing office for specific goods or services. This action precedes the authorization of a purchase order. Reserve: An account used to indicate that a portion of a fund's balance is legally restricted for a specific purpose and is, therefore, not available for general appropriations. Restricted Fund Balance: includes amounts that can be spent only for the specific purposes stipulated by external resource providers either constitutionally or through enabling legislation. Examples include grants and child safety fees. Revenue Bonds: Bonds usually sold for constructing a project that will produce revenue for the government. All or part of the revenue is used to pay the principle and interest of the bond. Revenues: (1) Increases in governmental fund type net current assets from other than expenditure refunds and residual equity transfers. Under NCGA Statement 1, general long-term debt proceeds and operating transfers in are classified as “other financing sources” rather than revenues. (2) Increases in proprietary fund type net total assets from other than expense refunds, capital contributions and residual equity transfers. Under NCGA Statement 1, operating transfers in are classified separately from revenues. Sales Tax: A general “sales tax” is levied on persons and businesses selling merchandise or services in the town limits on a retail basis. The categories for taxation are defined by state law. Money collected under authorization of this tax is for the use and benefit of the Town; however, no town may pledge anticipated revenues from this source to secure the payment of funds or other indebtedness. 162 Annual Program of Services- 2018 Tax Ceiling: is the amount you pay in the year that you qualified for the age 65 or older or disabled person exemption. The taxes on your home may go below the ceiling but not above the amount of the ceiling. Tax Rate: The amount of tax stated in terms of a unit of the tax base; for example, $.50 per $100 (one hundred dollars) assessed valuation of property. Tax Roll: The official list showing the amount of taxes levied against each taxpayer or property. Frequently, the tax roll and the assessment roll are combined, but even in these cases the two can be distinguished. Taxes: Compulsory charges levied by a government for the purpose of financing services performed for the common benefit. This term does not include specific charges made against particular persons or property for current or permanent benefits such as special assessments. Neither does the term include charges for services rendered only to those paying such charges as, for example, sewer service charges. Unassigned Fund Balance: is the residual classification of the general fund and includes all amounts not contained in other classifications. Unassigned amounts are technically available for any purpose. Working Capital: Budgeted working capital is calculated as a fund’s current assets less current liabilities and outstanding encumbrances. ACH - Automated Clearing House ARB - Appraisal Review Board AV - Ad Valorem CAFR - Comprehensive Annual Financial Report CCPD – Crime Control Prevention District CIP - Capital Improvement Program CPR - Cardiopulmonary Resuscitation CO – Certificates of Obligation CY - Current Year DFW – Dallas and Fort Worth DWI – Driving While Intoxicated EDC – Economic Development Corporation E.g. - for example (from the Latin exempli gratia) EMS – Emergency Medical Service ERU - Equivalent Residential Unit FMLA – Family Medical Leave Act FNI - Freese and Nichols Inc. FTE – Full-Time Equivalent FY - Fiscal Year GAAP - Generally Accepted Accounting Principals GASB - Governmental Accounting Standers Board ACRONYMS 163Annual Program of Services- 2018 GFOA – Government Finance Officers Association of the United States and Canada GIS - Geographic Information Systems GO – General Obligation HD - High Definition HR - Human Resources HRA - Health Reimbursement Account HSA – Health Savings Account HR – Human Resources HUBs - Historically Under Represented Businesses I.e. - in other words or that is (from the Latin id est) I & S – Interest and Sinking LGIPs - Local Government Investment Pools M & O - Maintenance and Operation MUD – Municipal Utility District NIC - Net Interest Costs NEFDA - Northeast Fire Department Association NISD – Northwest Independent School District ORR - Open Records Request P & I – Principal and Interest P & Z – Planning and Zoning PID – Public Improvement District PIFA - Public Funds Investment Act PIO - Public Information Officer PPACA - Patient Protection & Affordable Care Act PPO - Preferred Provider Organization PVR - Personal Video Recorder PY - Prior Year RFB - Request for Bid RFP - Request for Proposal RFQ - Request for Quote RMS - Records Management Systems SGR – Strategic Government Resources Inc. SOP - Standard Operating Procedure TC - Trophy Club TCP - Trophy Club Park TIC - True Interest Costs TIF – Tax Incremental Finance TIRZ #1 - Tax increment Reinvestment Zone #1 TML – Texas Municipal League TML IEBP – Texas Municipal League Intergovernmental Employee Benefits Pool ZBA – Zoning Board of Adjustment 100 Municipal Drive, Trophy Club, Texas akarkauskas@trophyclub.org www.TrophyClub.org 682 831 4600