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Minutes TC 09/19/2011MINUTES FROM REGULAR SESSION TOWN COUNCIL MEETING FOR THE TOWN OF TROPHY CLUB LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS Monday, September 19, 2011 at 4:00 P.M. Svore Municipal Building Boardroom The Town Council of the Town of Trophy Club, Texas, met in Regular Session on Monday, September 19, 2011. The meeting was held within the boundaries of the Town and was open to the public. STATE OF TEXAS § COUNTY OF DENTON § TOWN COUNCIL MEMBERS PRESENT: Connie White Mayor Larry Hoover Mayor Pro Tem Bill Rose Council Member Glenn Strother Council Member Jeannette Tiffany Council Member TOWN COUNCIL MEMBERS ABSENT: Margi Cantrell Council Member PLANNING & ZONING COMMISSIONERS PRESENT: Gene Hill Chairman James Stephens Vice Chairman Mike Davidson Commissioner Dale Forest Commissioner Gary Richert Commissioner Clayton Reed Commissioner Dennis Sheridan Commissioner STAFF AND GUEST(S) PRESENT: Mike Slye Town Manager Stephen Seidel Assistant Town Manager Shannon DePrater Town Secretary Patricia Adams Town Attorney Scott Kniffen Police Chief Danny Thomas Fire Chief Michael Aguilera Financial Analyst Adam Adams Parks and Recreation Director Carolyn Huggins Community Development Director Mayor White announced the date of September 19, 2011, called the meeting to order and announced a quorum at 4:04 p.m. Council member Cantrell will be absent and Council member Strother will be late. Planning & Zoning Chairman Gene Hill called the Planning & Zoning Commission to order and announced a quorum at 4:04 p.m. JOINT WORKSHOP WITH PLANNING & ZONING COMMISSION -4:00 P.M. 1. Joint Work Session of the Town Council and the Planning & Zoning Commission for a presentation and discussion of a Planned Development District for a 26.354 acre tract of land known as "Beck Property" located on State Highway 114 and Trophy Club Drive. Town Manager Slye welcomed both the Council and the Planning & Zoning Commission. Consultants and Staff are excited about the progress they have made and will continue to make. Town Manager Slye introduced the consultants working on this project: Scott Polikov, Gateway Planning Group, Bill Dahlstrom, Jackson Walker, and Mike Twitchell from Michael F. Twitchell, L.P. Mr. Polikov began the workshop session with a presentation that reminded the Town Council and Planning & Zoning Commission of the goals that were established at the July 19, 2011 Joint Workshop Session. The presentation also highlighted how those goals have been met and listed remaining items for discussion. The consultants and Staff addressed questions from the Town Council and Planning & Zoning Commissioners regarding the proposed PD document. Town Manager Slye asked both the Town Council and Planning & Zoning Commission to send their comments to Community Development Director Carolyn Huggins. Staff will look at the calendar and schedule another joint workshop. Presentations included in the minutes. PLANNING & ZONING COMISSION TO ADJOURN Chairman Hill adjourned the Planning & Zoning Commission at 6:03 p.m. Mayor White called a short break. CONVENE INTO REGULAR SESSION -START TIME -7:00 p.m. The Invocation was offered by Mayor Pro Tem Hoover. The Pledges were led by Council member Tiffany. 2. Budget Overview; discussion of same. Town Manager Slye gave an overview of the current budget with changes made at the last budget workshop. Town Manager Slye presented a budget with a 3/10 of 1% rate increase. Town Manager Slye and Staff addressed questions from Council. 3. Discussion of agenda items posted for consideration on the Regular Session Council Agenda for September 19,2011. 4. Discussion of proposed agenda items for the September 26, 2011 Regular Session Agenda. CITIZEN PRESENTATIONS This is an opportunity for citizens to address the Council on any matter whether or not it is posted on the agenda. The Council is not permitted to take action on or discuss any presentations made to the Council at this time concerning an item not listed on the agenda. The Council will hear presentations on specific agenda items prior to the Council addressing those items. You may speak up to three (3) minutes or the time limit determined by the Mayor or presiding officer. To speak during this item you must complete the Speaker's form that includes the topic(s) of your statement. Topics of presentation should be limited to matters over which the Council has authority. September 19, 2011 Minutes Page 2 of6 Lori Hicks, 119 Creek Courts Drive, addressed the Council regarding the October 15, 2011 Fall Festival. The following citizens addressed the Council regarding the new multi-use field and the possibility of lighting the field for football: • Dean Murray, 505 Glen Hurst Court • Audrea Feely, 334 Indian Creek • Larry Lentzner, 303 Ridgeview Lane • Amy Diesch, 12 Meadow Ridge Drive 5. Consider and take appropriate action regarding a Proclamation recognizing the retirement of a Trophy Club Police Officer, Officer Boyd Raburn, the first police officer to retire from the Trophy Club Police Department. Motion made by Mayor Pro Tem Hoover, seconded by Council member Strother to approve Proclamation 2011-09 recognizing the retirement of a Trophy Club Police Officer, Officer Boyd Raburn, the first police officer to retire from the Trophy Club Police Department as presented. Scott Smith, 2 Salida Drive addressed the Council stating that Officer Raburn is a great asset to the Town of Trophy Club and will be missed. Motion carried unanimously. CONSENT AGENDA All matters listed as Consent Agenda are considered to be routine by the Town Council and will be enacted by one motion. There will not be a separate discussion of these items. If discussion is desired, that item will be removed from the consent agenda and will be considered separately. 6. Consider and take appropriate action regarding the Minutes dated September 12, 2011. Motion made by Mayor Pro Tem Hoover, seconded by Council member Rose to approve the Minutes dated September 12, 2011 as presented. Motion carried unanimously. PUBLIC HEARING Council convened into Public Hearing at 7:52 p.m. 7. Town Council to conduct 2nd Public Hearing regarding the proposed tax rate increase for fiscal year October 1, 2011 to September 30,2012 and Mayor to announce the date, time and place of the vote on the tax rate. Mayor White stated the following for the record: On September 26, 2011, the Town Council will hold a Public Meeting to adopt a 2011 tax rate that will exceed the lower of the rollback rate or the effective tax rate. As required by law, Public Hearings on a tax increase were held on September 12, 2011, and today, September 19, 2011. Scott Smith, 2 Salida Drive addressed the Council and expressed his deep concern of the proposed 53 cent tax rate. 8. Town Council to conduct a Public Hearing on the proposed 2010-2011 Fiscal Year Budget pursuant to Section 9.05 of the Town Charter, "Council Action on Budget". Scott Smith, 2 Salida Drive addressed the Council and asked questions of the Budget. September 19, 2011 Minutes Page 3 of6 Larry Lentzner, 303 Ridgeview Drive addressed the Council and expressed his appreciation and support of the Council and Staff and their work on the budget. 9. Town Council to conduct a Public Hearing to consider a request for approval of a Specific Use Permit (SUP) for a liquor store to sell alcoholic beverages for off-premise consumption; the store to be located in Planned Development No. 21 (PD-21), Plaza Shopping Center, located on Trophy Lake Drive between State Highway 114 and Trophy Club Drive; Applicant: Liquor Stop, L.P. (SUP-11-02) Donna Wesley, 1 Shasta Drive addressed the Council and asked why approve another liquor store with three already in the area. Dean Murray, 505 Glen Hurst Drive addressed the Council and appreciates the competitive pricing multiple stores will bring to Trophy Club. Council reconvened into Regular Session at 8:30 p.m. REGULAR SESSION 10. Consider and take appropriate action regarding a request for approval of a Specific Use Permit (SUP) for a liquor store to sell alcoholic beverages for off-premise consumption; the store to be located in Planned Development No. 21 (PD-21), Plaza Shopping Center, located on Trophy Lake Drive between State Highway 114 and Trophy Club Drive; Applicant: Liquor Stop, L.P. (SUP-11-02) Motion made by Council member Tiffany, seconded by Council member Rose, to approve the Specific Use Permit for a liquor store to sell alcoholic beverages for off-premise consumption; the store to be located in Planned Development No. 21 (PD-21), Plaza Shopping Center, located on Trophy Lake Drive between State Highway 114 and Trophy Club Drive; Applicant: Liquor Stop, L.P. (SUP-11-02). Motion carried unanimously. Presentation included in the minutes. Mayor White tabled Agenda Item #11 to the September 26, 2011 meeting: 11. Consider and take appropriate action regarding an Ordinance of the Town Council of the Town of Trophy Club accepting and approving an Update of the Service and Assessment Plan and an Updated Assessment Roll for the Town of Trophy Club Public Improvement District No.1 (Authorized Improvements Assessment); making and adopting findings; accepting and approving the annual Service Plan Update and Updated Assessment Roll; and providing an effective date. 12. Receive an update from staff on the 2009 Park Bond; discussion of same. Parks and Recreation Director Adam Adams gave an update on the status of the 2009 Park Bond and addresses questions from the Council. The following citizens addressed the Council regarding the Park Bond and the use of fields: • Larry Lentzner, 303 Ridgeview Drive • David Abdulky, 16 Panorama Trail • Dean Murray, 505 Glen Hurst Drive Presentation included in the minutes. September 19, 2011 Minutes Page 4 of6 13. Consider and take appropriate action regarding financial and variance report dated August 2011. Motion made by Council member Strother, seconded by Council member Rose to approve the financial and variance report dated August 2001. Motion carried unanimously. 14. Mayor and Council Updates regarding training opportunities, educational seSSions, and regional meetings; discussion of same: -September 14, 2011 Northwest Communities Partnership Meeting -September 15, 2011 Metroport Cities Partnership Meeting -September 15,2011 Second Annual Tarrant County Mayors Lunch -September 16, 2011 United Way 2011 Kick Off Luncheon -September 17, 2011 Annual GrapeFest Mayoral GrapeStomp Competition Mayor White and Council members gave a brief update of the meetings they attended since the last Council meeting. No action taken, update only. 15. Items for Future Agendas. This item allows Council to request the placement of items on upcoming agendas when the topic of discussion requires research and review that cannot be accomplished in the time frame between regular Council meetings. However, a Council Member may request that an item be placed on the next regularly scheduled meeting without first placing that item on the Future Agenda Items list. All requests for agenda items must comply with Charter requirements. 1. Consider and take appropriate action regarding procurement policies and their alignment with State statutes. (Rose, 211110) 2. Consider and take appropriate action regarding noise regulations for Oil and Gas Well Drilling and Production (Rose, 4126110) 3. Staff proposal regarding the amenity lakes, including associated costs to accept the amenity lakes from the developer. (Stotts, 1014110) 4. Explore the feasibility of combining the EDCs and improved ways of expending EDC funds. (Strother, 212412011) 5. Consider and take appropriate action regarding the creation of a "Going Green" initiative throughout the Town. (White, 2/2412011) 6. Consider and take appropriate action regarding Goals for the Town Manager. (Stotts, 4/1812011) 7. Consider and take appropriate action regarding updates to the Sign Ordinance (retail windows and political signs) (White and Cantrel!, 51212011) 8. Consider and take appropriate action regarding ball park signage. (Cantrell, 61612011) 9. Consider and take appropriate action regarding a Golf Cart Community. (Tiffany, 61612011) 10. Rewrite of Handbook for Elected and Appointed Officials, with projected completion date of February 15, 2012. (Rose/Slye, 8/15/11) 11. Consider and take appropriate action regarding the Park Bond projects and fund allocation to include a comprehensive cost/status review of all projects included in the original park bond presentations. (Rose, 8/1/2011) Scheduled 9/1212011 12. Consider and take appropriate action regarding splash pad options at Harmony Park, including input/direction from Council to Staff to start construction and have available next summer. (Strother, 8/1/2011) 13. Consider and take appropriate action regarding the Town's park space located just north of the new ball fields at the comer of Parkview and Bobcat Boulevard to investigate whether or not it would be beneficial to place on the ballot, for citizens approval, to sale and rezone as commercial and provide the proceeds towards other parks and recreation needs. (Cantrell, 911212011) September 19,2011 Minutes Page 5 of6 14. Schedule a strategic planning session (Strother, 911212011) No items were added to the list. ADJOURN Motion made by Council Member Rose, seconded by Council member Tiffany to adjourn. Motion carried unanimously. Meeting adjourned at 9:45 p.m. .connie White, Mayor Town of Trophy Club, Texas September 19, 2011 Minutes Page 6 of6 Su s t a i n i n g T r o p h y C l u b ’ s F u t u r e “B e c k P r o p e r t y ” PD D i s t r i c t Wo r k S e s s i o n Se p t e m b e r 1 9 , 2 0 1 1 Tr e m e n d o u s L o c a t i o n Ne t w o r k e d St r e e t s Arlington, Va.31% Taxbase in 7% land area Th e R e a l t o r s a r e t a l k i n g a b o u t t h i s k i n d o f P l a c e “T h a t s c e n a r i o i s u n f o l d i n g i n D a l l a s , wh e r e t h e r e n t a l m a r ket in popular urban ne i g h b o r h o o d s i s ‘ r o c k i n g , ’ s a y s R o g e r s He a l y , t h e 3 0 - y e a r - o l d b r o k e r o w n e r o f Ro g e r s H e a l y a n d A s s o c i a t e s R e s i d e n t i a l Re a l E s t a t e . ” “N o o n e w a n t s t o g i v e u p t h e i r l i f e s a v i n g s ju s t t o b u y a n d b e f o r c ed to consider less ex p e n s i v e o u t e r s u b u r b s – a b i g c h a n g e fr o m t h e p a s t w h e n p e o p l e m o v e d t h e r e b y ch o i c e t o f i n d n e w e r a n d b i g g e r h o m e s , ” Mc I l w a i n e x p l a i n e d … . ‘ T h i s p r o v i d e s a ma j o r o p p o r t u n i t y f o r d e v e l o p e r s t o cr e a t e n e w o u t e r - e d g e c o m m u n i t i e s w i t h re a l t o w n c e n t e r s a n d u r b a n a m e n i t i e s ,’ Mc I l w a i n s a y s . 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Y e a r R e v i e w P r e s e n t a t i o n t o C o u n c i l & R e v i e w o f C a p i t a l N e e d s w i t h M a n a g e r s • D e n t o n C o u n t y A p p r a i s a l D i s t r i c t S u b m i t s P r e l i m i n a r y T a x V a l u e s • T a r r a n t C o u n t y A p p r a i s a l D i s t r i c t S u b m i t s P r e l i m i n a r y T a x V a l u e s • C e r t i f i e d A p p r a i s a l R o l l D u e f r o m D e n t o n C e n t r a l A p p r a i s a l D i s t r i c t 1 FY 1 2 B u d g e t FY 1 2 B u d g e t AD O P T E D P R O P O S E D A CT U A L B U D G E T B U D G E T FY 1 0 F Y 1 1 F Y 1 2 AN T I C I P A T E D R E V E N U E 12 , 6 5 3 , 6 1 6 $ 1 3 , 5 4 6 , 7 2 9 $ 1 0 , 1 2 3 , 0 0 1 $ AN T I C I P A T E D E X P E N D I T U R E S 7, 6 6 0 , 2 4 9 $ 1 3 , 4 2 2 , 9 1 3 $ 1 0 , 0 9 4 , 6 5 6 $ UN A P P R O P R I A T E D B A L A N C E 4, 9 9 3 , 3 6 7 $ 1 2 3 , 8 1 6 $ 2 8 , 3 4 6 $ EX P E N D I T U R E S Ma n a g e r ' s O f f i c e 60 7 , 3 3 3 $ 54 6 , 4 1 7 $ 655,112 $ Hu m a n R e s o u r c e s 44 , 3 0 4 $ 81 , 7 5 2 $ 87,139 $ In f o r m a t i o n S y s t e m s 20 0 , 1 9 7 $ 29 6 , 3 3 7 $ 315,724 $ Le g a l 1 4 6 , 4 3 1 $ 15 4 , 8 1 8 $ 161,894 $ Po l i c e 1, 4 1 1 , 9 4 5 $ 1, 4 6 8 , 4 8 9 $ 1,678,089 $ Em e r g e n c y M e d i c a l S e r v i c e s 65 6 , 2 4 6 $ 67 6 , 8 9 1 $ 728,854 $ St r e e t s 42 9 , 6 1 3 $ 39 8 , 4 4 6 $ 441,090 $ Pa r k s 7 7 7 , 2 8 9 $ 91 2 , 5 7 7 $ 1,135,661 $ Re c r e a t i o n 51 7 , 6 6 1 $ 61 5 , 0 8 8 $ 546,956 $ Co m m u n i t y E v e n t s - $ - $ 46,837 $ Pl a n n i n g & Z o n i n g 16 0 , 8 9 5 $ 14 4 , 6 9 4 $ 156,759 $ Co m m u n i t y D e v e l o p m e n t 54 6 , 8 8 4 $ 19 1 , 2 0 6 $ 256,096 $ Fi n a n c e 2 5 7 , 2 7 5 $ 39 0 , 9 1 5 $ 374,607 $ Mu n i c i p a l C o u r t 73 , 7 8 2 $ 79 , 7 5 1 $ 79,441 $ Fa c i l i t i e s M a n a g e m e n t 73 , 3 6 9 $ 77 , 5 8 0 $ 80,320 $ De b t S e r v i c e 91 1 , 7 2 1 $ 1, 3 9 2 , 3 3 0 $ 1,358,316 $ Tr o p h y C l u b P a r k 10 0 , 2 0 5 $ 12 6 , 0 0 0 $ 116,388 $ St r e e t M a i n t e n a n c e S a l e s T a x 94 , 4 3 9 $ 12 6 , 2 7 3 $ 140,656 $ ED C 4 A 20 2 , 0 1 8 $ 28 8 , 7 7 4 $ 294,661 $ ED C 4 B 91 , 3 7 8 $ 12 4 , 5 9 5 $ 161,656 $ St o r m D r a i n a g e 11 6 , 9 2 3 $ 24 8 , 0 0 0 $ 130,000 $ Ho t e l O c c u p a n c y T a x 19 , 0 0 0 $ 20 , 0 5 0 $ 20,975 $ Ca p i t a l P r o j e c t s F u n d 22 1 , 3 4 0 $ 5, 0 6 1 , 9 3 0 $ 1,127,426 $ TO T A L 7, 6 6 0 , 2 4 9 $ 13 , 4 2 2 , 9 1 3 $ 10,094,656 $ SU M M A R Y O F C O M B I N E D B U D G E T S FY 1 2 2 FY 1 2 B u d g e t FY 1 2 B u d g e t FU N D A N A L Y S I S FU N D A N A L Y S I S AD O P T E D P R O P O S E D AC T U A L B U D G E T B U D G E T FY 1 0 F Y 1 1 F Y 1 2 G E N E R A L : R E V E N U E 5, 9 8 7 , 1 7 6 $ 6, 1 5 5 , 0 9 9 $ 6, 7 4 5 , 0 5 3 $ E X P E N S E S 5, 9 0 3 , 2 2 5 $ 6, 0 3 4 , 9 6 1 $ 6, 7 4 4 , 5 7 8 $ NE T 83 , 9 5 1 $ 1 2 0 , 1 3 8 $ 476 $ DE B T S E R V I C E : R E V E N U E 93 1 , 4 8 4 $ 1, 3 9 2 , 3 3 0 $ 1, 3 6 4 , 4 9 9 $ E X P E N S E S 91 1 , 7 2 1 $ 1, 3 9 2 , 3 3 0 $ 1, 3 5 8 , 3 1 6 $ NE T 19 , 7 6 2 $ - $ 6,183 $ T R O P H Y C L U B P A R K : R E V E N U E 7 7 , 5 9 4 $ 1 2 6 , 0 0 0 $ 120,000 $ E X P E N S E S 10 0 , 2 0 5 $ 12 6 , 0 0 0 $ 116,388 $ NE T (2 2 , 6 1 0 ) $ - $ 3,612 $ ST R E E T M A I N T E N A N C E S A L E S T A X : R E V E N U E 13 2 , 4 2 0 $ 12 6 , 2 7 3 $ 140,656 $ E X P E N S E S 94 , 4 3 9 $ 1 2 6 , 2 7 3 $ 140,656 $ NE T 37 , 9 8 1 $ - $ - $ ED C 4 A : R E V E N U E 26 5 , 6 9 4 $ 28 8 , 7 7 4 $ 294,661 $ E X P E N S E S 20 2 , 0 1 8 $ 28 8 , 7 7 4 $ 294,661 $ NE T 63 , 6 7 6 $ - $ - $ 3 FY 1 2 B u d g e t FY 1 2 B u d g e t FU N D A N A L Y S I S FU N D A N A L Y S I S AD O P T E D P R O P O S E D AC T U A L B U D G E T B U D G E T FY 1 0 F Y 1 1 F Y 1 2 ED C 4 B : R E V E N U E 13 2 , 9 1 7 $ 1 2 8 , 2 7 3 $ 161,656 $ E X P E N S E S 91 , 3 7 8 $ 1 2 4 , 5 9 5 $ 161,656 $ NE T 41 , 5 3 9 $ 3 , 6 7 8 $ - $ S T O R M D R A I N A G E : R E V E N U E 12 8 , 8 8 0 $ 2 4 8 , 0 0 0 $ 130,000 $ E X P E N S E S 11 6 , 9 2 3 $ 2 4 8 , 0 0 0 $ 130,000 $ NE T 11 , 9 5 6 $ - $ - $ HO T E L O C C U P A N C Y : R E V E N U E 17 , 7 1 3 $ 2 0 , 0 5 0 $ 21,050 $ E X P E N S E S 19 , 0 0 0 $ 2 0 , 0 5 0 $ 20,975 $ NE T (1 , 2 8 7 ) $ - $ 75 $ CA P I T A L P R O J E C T S F U N D : R E V E N U E 4, 9 7 9 , 7 3 7 $ 5, 0 6 1 , 9 3 0 $ 1,145,426 $ E X P E N S E S 22 1 , 3 4 0 $ 5 , 0 6 1 , 9 3 0 $ 1,127,426 $ NE T 4, 7 5 8 , 3 9 7 $ - $ 18,000 $ TO T A L : R E V E N U E 12 , 6 5 3 , 6 1 6 $ 13 , 5 4 6 , 7 2 9 $ 10 , 1 2 3 , 0 0 1 $ E X P E N S E S 7, 6 6 0 , 2 4 9 $ 1 3 , 4 2 2 , 9 1 3 $ 10 , 0 9 4 , 6 5 6 $ NE T 4, 9 9 3 , 3 6 7 $ 12 3 , 8 1 6 $ 28,346 $ 4 Ad V a l o r e m T a x A n a l y s i s Ad V a l o r e m T a x A n a l y s i s Bu d g e t Y e a r FY 1 2 $ I n c r e a s e % I n c r e a s e Pr i o r Y e a r ' s C e r t i f i e d V a l u e 76 8 , 4 4 4 , 2 8 0 $ P r i o r Y e a r ' s L e v y 4, 3 6 7 , 2 6 6 $ P r i o r Y e a r ' s M & O T a x R a t e 0. 3 9 7 2 2 $ P r i o r Y e a r ' s I & S T a x R a t e 0. 1 1 7 7 8 $ P r i o r Y e a r ' s T a x R a t e 0. 5 1 5 0 0 $ Cu r r e n t Y e a r ' s C e r t i f i e d V a l u e 82 8 , 4 2 2 , 6 6 3 $ 59 , 9 7 8 , 3 8 3 $ 7.81% Ne w 2 0 1 1 V a l u e 69 , 4 7 4 , 2 6 3 $ Cu r r e n t Y e a r ' s N e t C e r t i f i e d V a l u e 75 8 , 9 4 8 , 4 0 0 $ (9 , 4 9 5 , 8 8 0 ) $ -1.24% E f f e c t i v e R a t e 0. 5 2 8 4 $ Ro l l b a c k R a t e 0. 5 6 7 9 $ V a l u e o f $ . 0 1 82 , 8 4 2 $ In t e r e s t & S i n k i n g F u n d B e g i n n i n g B a l a n c e - $ FY 1 2 G . O . D e b t S e r v i c e 1, 0 5 4 , 0 6 4 $ To t a l G e n e r a l F u n d D e b t S e r v i c e R q m t 1, 0 5 4 , 0 6 4 $ Pr o p o s e d A d V a l o r e m T a x R a t e C o m p u t a t i o n : P r o p o s e d T a x R a t e 0. 4 1 5 0 1 3 $ P r o p o s e d L e v y 3, 8 0 4 , 3 3 3 $ 10 0 % C o l l e c t i o n R a t e 3, 8 0 4 , 3 3 3 $ Pr o p o s e d A d V a l o r e m T a x R a t e f o r D e b t S e r v i c e : P r o p o s e d T a x R a t e 0. 1 1 4 9 8 7 $ P r o p o s e d L e v y 1, 0 5 4 , 0 6 4 $ 10 0 % C o l l e c t i o n R a t e 1, 0 5 4 , 0 6 4 $ T o t a l P r o p o s e d A d V a l o r e m T a x R a t e 0 . 5 3 0 0 $ % I n c r e a s e o v e r E f f e c t i v e R a t e 0 . 3 % PR O P O S E D A D V A L O R E M S C H E D U L E Tax increase based on $250,000 home = $4.00 5 FY 1 2 B u d g e t FY 1 2 B u d g e t –– Re v e n u e H i g h l i g h t s Re v e n u e H i g h l i g h t s  Ta x V a l u e - $ 8 2 8 , 4 2 2 , 6 6 3  Ne w C o n s t r u c t i o n 9 . 0 %  Ex i s t i n g - 1 . 2 %  Sa l e s T a x i n c r e a s e - $ 4 5 , 1 7 6  De v e l o p e r ’ s F e e s : $ 1 1 1 , 0 0 0  Ne w H o m e P e r m i t s 2 2 0 = $ 5 5 0 , 0 0 0  In t e r e s t I n c o m e = $ 2 0 , 0 0 0  SE M O = $ 1 7 5 , 8 4 0  FY 1 2 P r o p o s e d T a x R a t e = $ 0 . 5 3 / $ 1 0 0 – 0 . 3 % in c r e a s e o v e r E f f e c t i v e R a t e  In c r e a s e d P o o l R e v e n u e - $ 2 8 , 9 5 0 6 FY 1 2 B u d g e t FY 1 2 B u d g e t –– Ex p e n s e H i g h l i g h t s Ex p e n s e H i g h l i g h t s  $5 M i l P a r k B o n d  Or i g i n a l l y p r o j e c t e d a t 1 1 c e n t t a x i n c r e a s e f o r o p e r a t i o n s & m a i n t e n a n c e  Cu r r e n t l y o p e r a t i n g m a i n t e n a n c e a t 6 c e n t i n c r e a s e  Pa r k s O p e r a t i o n s & M a i n t e n a n c e - 2 . 5 e m p l o y e e s (G o a l # 4 : P i c t u r e s q u e a n d E n v i r o n m e n t a l l y S o u n d )  Ne w P o l i c e S e r g e a n t - $ 8 5 , 0 8 5 ( G o a l # 1 : S a f e & S e c u r e Co m m u n i t y )  Cr o s s i n g G u a r d s ( G o a l # 1 : Sa f e & S e c u r e C o m m u n i t y )  Fu l l t i m e C o d e E n f o r c e m e n t p r o g r a m - $ 5 6 , 9 3 5 ( G o a l # 4 : Pi c t u r e s q u e a n d E n v i r o n m e n t a l l y S o u n d )  Pa r t – T i m e C o m m D e v e l o p m e n t P e r m i t A s s i s t a n t - $ 1 4 , 4 5 7 (G o a l # 2 : B u s i n e s s - F r i e n d l y E c o n o m i c D e v e l o p m e n t )  Fo r m a l I n t e r n s h i p P r o g r a m - $ 1 9 , 5 4 5 ( G o a l # 5 : F i n a n c i a l & Op e r a t i o n a l S t e w a r d s h i p ) 7 FY 1 2 B u d g e t FY 1 2 B u d g e t –– Ex p e n s e H i g h l i g h t s Ex p e n s e H i g h l i g h t s (C o n t . ) (C o n t . )  Ca p i t a l A c c r u a l c o n t r i b u t i o n - $ 1 6 6 , 0 0 0 ( G o a l # 5 : F i n a n c i a l & Op e r a t i o n a l S t e w a r d s h i p )  Ca p i t a l E x p e n s e s = $ 1 4 8 , 0 0 0 ( 2 T a h o e s , F i r e D e p t U t i l i t y Ve h i c l e , 3 V i r t u a l S e r v e r s )  St o r m D r a i n a g e C a p i t a l C o n t r i b u t i o n = $ 3 7 , 1 8 5  St r e e t M a i n t e n a n c e C a p i t a l C o n t r i b u t i o n = $ 1 2 , 0 1 3  Ph a s e 1 - s a l a r y t r u e - u p - $ 1 0 7 , 1 7 9 ( G o a l # 5 : F i n a n c i a l & Op e r a t i o n a l S t e w a r d s h i p )  2% C O L A f o r t h o s e e m p l o y e e s a t m a r k e t s a l a r y ( G o a l # 5 : Fi n a n c i a l & O p e r a t i o n a l S t e w a r d s h i p )  Di s p a t c h A g r e e m e n t - $ 4 7 , 9 5 3 ( G o a l # 1 : S a f e & S e c u r e Co m m u n i t y )  Co n t i n g e n c y $ 2 3 , 0 0 0 ( G o a l # 5 : F i n a n c i a l & O p e r a t i o n a l St e w a r d s h i p )  Co d i f i c a t i o n - $ 9 , 0 0 0 ( G o a l # 5 : F i n a n c i a l & O p e r a t i o n a l St e w a r d s h i p ) 8 St o r m D r a i n a g e P r o j e c t s St o r m D r a i n a g e P r o j e c t s 5 Y e a r C a p i t a l P r o j e c t P l a n 5 Y e a r C a p i t a l P r o j e c t P l a n ST O R M D R A I N A G E F U N D FY 1 2 F Y 1 3 F Y 1 4 F Y 1 5 F Y 1 6 T O T A L DR A I N A G E S Y S T E M I M P R O V E M E N T S To w n - w i d e D r a i n a g e S t u d y P h a s e I I 1 0 0 , 0 0 0 - - - - 100,000 Tr o p h y C l u b D r B r i d g e o v e r M a r s h a l l C r e e k 4 , 9 6 8 , 0 0 0 - - - - 4,968,000 Ti m b e r R i d g e 29 4 , 4 0 0 - - - - 294,400 In v e r n e s s / F r e s h M e a d o w 49 4 , 5 0 0 - - - - 494,500 S k y l i n e / I n d i a n C r e e k ( 2 P h a s e s ) - - 3 , 2 0 8 , 5 0 0 3, 2 0 8 , 5 0 0 - 6,417,000 Cy p r e s s C o u r t - - - - 1 , 3 8 0 , 0 0 0 1,380,000 To t a l D r a i n a g e S y s t e m I m p r o v e m e n t s 5 , 8 5 6 , 9 0 0 $ - $ 3 , 2 0 8 , 5 0 0 $ 3 , 2 0 8 , 5 0 0 $ 1 , 3 8 0 , 0 0 0 $ 13,653,900 $ TO T A L S T O R M D R A I N A G E F U N D 5, 8 5 6 , 9 0 0 $ - $ 3 , 2 0 8 , 5 0 0 $ 3 , 2 0 8 , 5 0 0 $ 1 , 3 8 0 , 0 0 0 $ 13,653,900 $ 9  Ma s t e r C o n c e p t P l a n T C P - $ 2 0 , 0 0 0  Po o l N e t w o r k I n f r a s t r u c t u r e & P o o l T h e m e - $2 0 , 0 0 0  Sp r a y P a d R e - P a i n t - $ 3 0 , 0 0 0  In t e r g o v ’ t T r a n s f e r ( I & S ) - $ 1 9 6 , 1 3 9  Fu r n i t u r e / E q u i p m e n t I n d y E a s t - $ 5 , 0 0 0  Ne w S o c c e r F i e l d G o a l s - $ 1 6 , 0 0 0 ED C ED C -- 4A F Y 1 2 B u d g e t H i g h l i g h t s 4A F Y 1 2 B u d g e t H i g h l i g h t s 10  Tr o p h y C l u b M a g a z i n e - $ 2 0 , 0 0 0  TI F D i s t r i c t C r e a t i o n - $ 4 0 , 0 0 0  Po o l B o n d ( I & S ) - $ 2 6 , 7 8 3  We b s i t e / L o g o R e d e s i g n - $ 3 0 , 0 0 0  Ma r k e t i n g C o l l a t e r a l - $ 5 , 0 0 0  Fl a s h D r i v e s - $ 2 , 0 0 0  Ad m i n i s t r a t i v e S u p p o r t - $ 2 7 , 6 9 7  De v e l o p e r / B u s i n e s s P r o s p e c t L u n c h e o n - $ 2 , 0 0 0 ED C ED C -- 4B F Y 1 2 B u d g e t H i g h l i g h t s 4B F Y 1 2 B u d g e t H i g h l i g h t s 11 Pa r k B o n d Pa r k B o n d Fi n a n c i a l R e v i e w Fi n a n c i a l R e v i e w TO T A L F U N D S A V A I L A B L E TO T A L F U N D S A V A I L A B L E Bo n d A m o u n t Bo n d A m o u n t $5 , 0 0 0 , 0 0 0 $5 , 0 0 0 , 0 0 0 Le s s : B o n d I s s u a n c e C o s t s Le s s : B o n d I s s u a n c e C o s t s $6 4 , 9 7 0 $6 4 , 9 7 0 ______ AV A I L A B L E F U N D S AV A I L A B L E F U N D S $4 , 9 3 5 , 0 0 0 $4 , 9 3 5 , 0 0 0 20 0 9 20 0 9 –– 20 1 0 I n t e r e s t E a r n e d 20 1 0 I n t e r e s t E a r n e d $3 , 7 5 0 $3 , 7 5 0 ________ TO T A L 2 0 0 9 TO T A L 2 0 0 9 -- 20 1 0 F U N D S 20 1 0 F U N D S $4 , 9 3 8 , 7 8 0 $4 , 9 3 8 , 7 8 0 20 0 9 20 0 9 –– 20 1 0 E X P E N D I T U R E S 20 1 0 E X P E N D I T U R E S Co n s t r u c t i o n E x p e n s e Fr e e d o m P a r k $ ( 9 , 2 8 8 ) In d e p e n d e n c e $ ( 1 7 8 , 7 8 1 ) To t a l C o n s t r u c t i o n E x p e n s e $ ( 1 8 8 , 0 6 9 ) Pr o f e s s i o n a l O u t s i d e S e r v i c e s In d e p e n d e n c e $ ( 4 3 2 ) To t a l P r o f e s s i o n a l O u t s i d e S e r v i c e s $ ( 4 3 2 ) 20 0 9 20 0 9 –– 20 1 0 E X P E N D I T U R E S c o n t . 20 1 0 E X P E N D I T U R E S c o n t . Ca p i t a l E x p e n s e s Co m m u n i t y P o o l ( U V F i l t e r ) $ ( 1 2 , 9 5 0 ) To t a l C a p i t a l E x p e n s e s $ ( 1 2 , 9 5 0 ) TO T A L 2 0 0 9 - 1 0 E X P E N D I T U R E S $ ( 2 0 1 , 4 5 1 ) RE M A I N I N G F U N D S A T 9 - 3 0 - 1 0 $ 4 , 7 3 7 , 3 2 9 20 1 0 20 1 0 –– 20 1 1 E x p e n d i t u r e s 20 1 1 E x p e n d i t u r e s 20 1 0 - 1 1 Y T D I n t e r e s t I n c o m e $ 4 , 3 9 1 TO T A L 2 0 1 0 - 1 1 R E V E N U E S $ 4 , 3 9 1 20 1 0 - 1 1 E x p e n d i t u r e s Co n s t r u c t i o n E x p e n s e In d e p e n d e n c e $ ( 2 , 5 7 1 , 4 3 3 ) Ha r m o n y $ ( 1 , 5 9 9 ) Fr e e d o m $ ( 3 3 6 , 0 2 4 ) Ea s t s i d e T r a i l H e a d $ ( 4 3 , 4 4 5 ) To t a l C o n s t r u c t i o n E x p e n s e $ ( 2 , 9 5 2 , 5 0 0 ) 20 1 0 20 1 0 –– 20 1 1 E x p e n d i t u r e s c o n t . 20 1 1 E x p e n d i t u r e s c o n t . En g i n e e r i n g E x p e n s e In d e p e n d e n c e $ ( 1 5 5 , 4 3 8 ) Ha r m o n y $ ( 2 6 3 ) Fr e e d o m $ ( 6 9 , 1 0 3 ) Ea s t s i d e $ ( 1 , 1 5 1 ) To t a l E n g i n e e r i n g E x p e n s e $ ( 2 2 5 , 9 5 5 ) TO T A L 2 0 1 0 - 1 1 E X P E N D I T U R E S $ ( 3 , 1 7 8 , 4 5 5 ) CU R R E N T R E M A I N I N G F U N D S $ 1 , 5 6 3 , 2 6 5 20 1 0 20 1 0 -- 20 1 1 20 1 1 Ex p e n d i t u r e s b y P r o g r a m Ex p e n d i t u r e s b y P r o g r a m In d e p e n d e n c e P a r k $ ( 2 , 7 2 6 , 8 7 1 ) Ha r m o n y P a r k $ ( 1 , 8 6 2 ) Fr e e d o m P a r k $ ( 4 0 5 , 1 2 7 ) Ea s t s i d e T r a i l H e a d A c q u i s i t i o n $ ( 4 4 , 5 9 6 ) To t a l E x p e n d i t u r e s b y P r o g r a m $ ( 3 , 1 7 8 , 4 5 5 ) CU R R E N T R E M A I N I N G F U N D S $ 1 , 5 6 3 , 2 6 5 Re m a i n i n g E x p e n d i t u r e s Re m a i n i n g E x p e n d i t u r e s Co n s t r u c t i o n E x p e n s e In d e p e n d e n c e $ ( 8 2 0 , 0 0 8 ) Ha r m o n y $ ( 4 9 , 0 9 3 ) Fr e e d o m $ ( 2 0 3 , 1 1 2 ) Ea s t s i d e T r a i l H e a d $ ( 9 , 8 6 3 ) To t a l C o n s t r u c t i o n E x p e n s e $ ( 1 , 0 8 2 , 0 7 6 ) En g i n e e r i n g E x p e n s e In d e p e n d e n c e $ ( 4 0 , 0 0 0 ) Ha r m o n y $ ( 1 5 , 0 0 0 ) Fr e e d o m $ ( 1 2 , 0 0 0 ) To t a l E n g i n e e r i n g E x p e n s e $ ( 6 7 , 0 0 0 ) TO T A L R E M A I N I N G E X P E N D I T U R E S $ ( 1 , 1 4 9 , 0 7 6 ) Re m a i n i n g E x p e n d i t u r e s Re m a i n i n g E x p e n d i t u r e s by P r o g r a m by P r o g r a m In d e p e n d e n c e P a r k $ ( 8 6 0 , 0 0 8 ) Ha r m o n y P a r k $ ( 6 4 , 0 9 3 ) Fr e e d o m P a r k $ ( 2 1 5 , 1 1 2 ) Ea s t s i d e T r a i l H e a d A c q u i s i t i o n $ ( 9 , 8 6 3 ) _ _ To t a l E x p e n d i t u r e s b y P r o g r a m $ ( 1 , 1 4 9 , 0 7 6 ) PR O J E C T E D R E M A I N I N G F U N D S $ 4 1 4 . 1 8 9 Po t e n t i a l B o n d P r o j e c t s D i s c u s s e d a t Po t e n t i a l B o n d P r o j e c t s D i s c u s s e d a t th e 9 . 8 . 1 1 P a r k B o a r d M e e t i n g th e 9 . 8 . 1 1 P a r k B o a r d M e e t i n g  HA R M O N Y P A R K HA R M O N Y P A R K  Li g h t t e n n i s c o u r t s Li g h t t e n n i s c o u r t s  Sp l a s h p a d Sp l a s h p a d  Bo u l d e r i n g a r e a Bo u l d e r i n g a r e a  Sm a l l g a m e a r e a Sm a l l g a m e a r e a  IN D E P E N D E N C E IN D E P E N D E N C E EA S T EA S T  T T -- ba l l f i e l d s i n r e m a i n i n g ba l l f i e l d s i n r e m a i n i n g ba l l f i e l d a r e a ba l l f i e l d a r e a  Pl a y g r o u n d Pl a y g r o u n d  Li g h t i n g f o r N o r t h m u l t i Li g h t i n g f o r N o r t h m u l t i -- us e f i e l d ( f o o t b a l l & us e f i e l d ( f o o t b a l l & so c c e r ) so c c e r )  CO M M U N I T Y P O O L CO M M U N I T Y P O O L  Mo r e s h a d e s t r u c t u r e s a t Mo r e s h a d e s t r u c t u r e s a t sp l a s h p a d sp l a s h p a d  TR O P H Y C L U B P A R K TR O P H Y C L U B P A R K  En g i n e e r i n g a n d p o s s i b l e En g i n e e r i n g a n d p o s s i b l e ro a d i m p r o v e m e n t ro a d i m p r o v e m e n t  Mi n o r t r a i l i m p r o v e m e n t Mi n o r t r a i l i m p r o v e m e n t  Ac q u i s i t i o n o f t r a i l Ac q u i s i t i o n o f t r a i l --head head pr o p e r t y pr o p e r t y Po t e n t i a l B o n d P r o j e c t s D i s c u s s e d a t t h e Po t e n t i a l B o n d P r o j e c t s D i s c u s s e d a t t h e 9. 8 . 1 1 P a r k B o a r d M e e t i n g c o n t . 9. 8 . 1 1 P a r k B o a r d M e e t i n g c o n t .  AT L A R G E AT L A R G E  Bo c c e b a l l Bo c c e b a l l  Co m p l e t i o n o f f i s h i n g Co m p l e t i o n o f f i s h i n g pi e r a n d a q u a t i c s t u d y f o r pi e r a n d a q u a t i c s t u d y f o r th e a m e n i t y l a k e s th e a m e n i t y l a k e s  Dr a i n a g e i m p r o v e m e n t s Dr a i n a g e i m p r o v e m e n t s an d r e m o v a l o f an d r e m o v a l o f un d e r b r u s h a d j a c e n t t o un d e r b r u s h a d j a c e n t t o Fr e e d o m D o g P a r k Fr e e d o m D o g P a r k  AT L A R G E AT L A R G E  Re c Re c /C o m m u n i t y C e n t e r /C o m m u n i t y C e n t e r st u d y st u d y Po t e n t i a l B o n d P r o j e c t s D i s c u s s e d a t t h e Po t e n t i a l B o n d P r o j e c t s D i s c u s s e d a t t h e 9. 8 . 1 1 P a r k B o a r d M e e t i n g c o n t . 9. 8 . 1 1 P a r k B o a r d M e e t i n g c o n t .