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09.13.2011 Town Council PacketPage 1 of 3 ] 1. Call to Order / Roll Call 2. Invocation, Pledge of Allegiance, and Pledge to the Texas Flag 3. Announcements of dates and times of upcoming community events 4. Chris Blair will give a brief update regarding the Upper Trinity Regional Water District 5. CONSENT AGENDA (Items placed on the Consent Agenda are considered routine in nature and are considered non- controversial. The Consent Agenda can be acted upon in one motion. A majority vote of the Council is required to remove any item for discussion and separate action. Council members may vote nay on any single item without comment and may submit written comments as part of the official record.) MINUTES, RESOLUTIONS AND OTHER ITEMS 5a. Consider and act upon minutes from the following Council meeting (AP) • August 23, 2011 – Regular Town Council Meeting 5b. Consider and act upon an Interlocal Cooperative Purchasing authorizing the Town of Prosper to enter into Agreement with the City of Fort Worth to avoid duplicate procurement efforts and take advantage of volume purchasing discounts. (MG) 5c. Consider and act upon Resolution No. 11-60, calling for a public hearing on Tuesday, October 25, 2011 on the Water, Wastewater, & Roadway Impact Fee, Land Use Assumptions, and Capital Improvements Plan. (CC) 5d. Consider and act upon change order #2 to Walker Partners, LLC, for the engineering design services for the Wilson Creek Tributary Wastewater Interceptor. (MB) 5e. Consider and act upon an Impact Fee and Development Agreement between CrossMac Investments, LLC and the Town of Prosper. (HW) 5f. Consider and act upon whether to direct staff to submit a written notice of appeal on behalf of the Town Council to the Development Services Department, pursuant to Chapter 4, Section 1.5(C)(7) and 1.6(B)(7) of the Town’s Zoning Ordinance, regarding action taken by the Planning & Zoning Commission on any site plan or preliminary site plan. (CC) AGENDA Regular Meeting of the Prosper Town Council Prosper Municipal Chambers 108 W. Broadway, Prosper, Texas Tuesday, September 13, 2011 at 6:00 p.m. Page 2 of 3 CITIZEN’S COMMENTS (The public is invited to address the Council on any topic. However, the Council is unable to discuss or take action on any topic not listed on this agenda. Please complete a “Public Comments Form” and present it to the Town Secretary prior to the meeting.) 6. Other Comments by the Public REGULAR AGENDA (If you wish to address the Council during the regular agenda portion of the meeting, please fill out a “Speaker Request Form” and present it to the Town Secretary prior to the meeting. Citizens wishing to address the Council for items listed as public hearings will be recognized by the Mayor. Those wishing to speak on a non-public hearing related item will be recognized on a case-by-case basis, at the discretion of the Mayor and Town Council.) PUBLIC HEARING 7. A public hearing to consider and act upon Ordinance No. 11-61, increasing and modifying Water and Wastewater fees and rate structures. (MG) DEPARTMENT ITEMS 8. Consider and act upon Ordinance No. 11-59, adopting the Fiscal Year 2011-12 Budget, setting appropriations for the Fiscal Year beginning October 1, 2011 and ending September 30, 2012. (ML) 9. Consider and act upon Ordinance No. 11-62, adopting the Town of Prosper 2011 Property Tax Rate. (ML) 10. Consider and act upon Ordinance No. 11-63 to ratify the property tax revenue increase reflected in the Fiscal Year 2011-12 Adopted Budget as required under Section 102.007(c) of the Local Government Code. (MG) 11. Consider and act upon all matters incident and related to the issuance and sale of the Town of Prosper General Obligation Refunding and Improvement Bonds, Series 2011, adopting Ordinance No. 11-64 authorizing the issuance of such bonds, approving an Official Statement, a Bond Purchase Agreement, a Paying Agent/Registrar Agreement, an Escrow Agreement and an engagement letter of Bond Counsel. (MG) 12. Consider and act upon adopting Ordinance No. 11-65 amending Ordinance No. 11-52 Comprehensive Parks Ordinance. (WH) 13. EXECUTIVE SESSION Recess into Closed Session in compliance with Section 551.001 et. seq. Texas Government Code, to wit; and Section 551.071 Meeting with City Attorney regarding a matter(s) in which the duty of the City Attorney under the Texas Disciplinary rules of Professional Conduct of the State Bar of Texas conflicts with the Open Meetings Act regarding: Page 3 of 3 a. Section 551.072. To deliberate the purchase, exchange, lease or value of real property located north of First Street, West of Preston, East of Dallas North Tollway, and South of Prosper Trail. b. Section 551.071. Consultation with Town Attorney regarding Legal issues relating to the First Street/Coit Road Improvements project. c. Section 551.087. To deliberate regarding an Economic Development Incentive of property located south of Prosper Trail, West of Custer, east of Dallas North Tollway and north of Highway 380. d. To reconvene in Regular Session and take any action necessary as a result of the Closed Session. 14. Adjourn CERTIFICATION I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the inside window at the Town Hall of the Town of Prosper, Texas, a place convenient and readily accessible to the general public at all times, and said notice was posted at least 72 hours before said meeting was convened. _________________________________ ________________ ____________________ Amy Piukana, TRMC Town Secretary Date Notice Posted Date Noticed Removed In addition to any specifically identified Executive Sessions, Council may convene into Executive Session under Section 551 of the Texas Government Code at any point during the open meeting to discuss any item posted on this agenda. The Open Meetings Act provides specific exceptions that require that a meeting be open. Should Council elect to convene into Executive Session, those exceptions will be specifically identified and announced. Any subsequent action, as a result of this Executive Session, will be taken and recorded in open session. NOTICE OF ASSISTANCE AT PUBLIC MEETINGS: The Prosper Town Council Meetings are wheelchair accessible. Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services such as Interpreters for persons who are deaf or hearing impaired, readers, or large print, are requested to contact the Town Secretary’s Office at (972) 569-1013. BRAILLE IS NOT AVAILABLE. Page 1 of 6 ] Prosper is a place where everyone matters. 1. Call to Order / Roll Call. Mayor Smith called the meeting to order at 6:04 p.m. Council present included: Mayor Ray Smith, Mayor Pro Tem Kenneth Dugger, Deputy Mayor Pro Tem Meigs Miller, Danny Wilson, Curry Vogelsang Jr., Dave Benefield and Jason Dixon. Council Member(s) absent: None Staff present included: Mike Land, Town Manager, Amy Piukana, Town Secretary, Hulon Webb, Director of Development Services; Chris Copple, Planning & Zoning Manager; Frank Jaromin, Public Works Director; Matthew Garrett, Finance Director; Wade Harden, Senior Planner Parks & Recreation; Wayne Snell, Building Official. 2. Invocation, Pledge of Allegiance, and Pledge to the Texas Flag. The invocation was given by Council Member Vogelsang. The pledge of allegiance and pledge to the Texas Flag was given. 3. Announcements of dates and times of upcoming community events. Town Manager Mike Land announced Serve Prosper Day is scheduled for Saturday, September 3, 2011 from 8a.m. to 12:00 p.m. Mr. Land reminded Council of the Comprehensive Plan Meeting and Impact Fee Meetings will be held August 12th and 19th. CONSENT AGENDA (Items placed on the Consent Agenda are considered routine in nature and are considered non- controversial. The Consent Agenda can be acted upon in one motion. A majority vote of the Council is required to remove any item for discussion and separate action. Council members may vote nay on any single item without comment and may submit written comments as part of the official record.) 4. Consent Agenda MINUTES a. Consider and act upon minutes from the following Council meetings (AP) • August 9, 2011 – Regular Town Council Meeting b. Consider and act upon the July 2011 monthly financial statements (MG) Mayor Pro Tem Dugger moved to approve Consent Items 4a-4b, as presented. Motion seconded by Deputy Mayor Pro Tem Miller. Motion approved by vote of 7-0. MINUTES Regular Meeting of the Prosper Town Council Prosper ISD Administration Building 605 E 7th Street Prosper, Texas Tuesday, August 23, 2011 at 6:00 p.m. Page 2 of 6 ORDINANCES, RESOLUTIONS AND AGREEMENTS 5. Consider and act upon adopting Resolution No. 11-56, recognizing the Prosper Youth Sports Association (PYSA) as a preferred athletic league as per Section 7 of the Town’s Comprehensive Parks Ordinance. Town Manager Mike Land was present to answer any questions. After discussion, Mayor Pro Tem Dugger moved to approve Resolution No. 11-56, recognizing the Prosper Youth Sports Association (PYSA) as a preferred athletic league as per Section 7 of the Town’s Comprehensive Parks Ordinance. Motion seconded by Council Member Wilson. Motion approved by vote of 7-0. 6. Consider and act upon adopting Resolution No. 11-57, recognizing the Prosper Area Soccer Organization (PASO) as a preferred athletic league as per Section 7 of the Town’s Comprehensive Parks Ordinance. Town Manager Mike Land was present to answer any questions. Mayor Pro Tem Dugger moved to approve Resolution No. 11-57, recognizing the Prosper Area Soccer Organization (PASO) as a preferred athletic league as per Section 7 of the Town’s Comprehensive Parks Ordinance. Motion seconded by Council Member Benefield. Motion approved by vote of 7-0. CITIZEN’S COMMENTS (The public is invited to address the Council on any topic. However, the Council is unable to discuss or take action on any topic not listed on this agenda. Please complete a “Public Comments Form” and present it to the Town Secretary prior to the meeting.) 7. Other Comments by the Public – There were no citizens present to speak. REGULAR AGENDA (If you wish to address the Council during the regular agenda portion of the meeting, please fill out a “Speaker Request Form” and present it to the Town Secretary prior to the meeting. Citizens wishing to address the Council for items listed as public hearings will be recognized by the Mayor. Those wishing to speak on a non-public hearing related item will be recognized on a case-by-case basis, at the discretion of the Mayor and Town Council.) PUBLIC HEARING 8. A public hearing to consider and act upon a request to rezone 9.6± acres, located on the west side of Coit Road, 200± feet south of Frontier Parkway, from Single Family-15 (SF-15) to Planned Development-Single Family (PD-SF). (Z11-0009). Planning and Zoning Manager Chris Copple briefed Council Members regarding the case. Mr. Copple gave a brief history of the surrounding properties zoning and noted that the applicant met with the Highland Meadows Homeowner’s Association in an attempt to address comments received from the Planning and Zoning Commission Meeting. Mayor Pro Tem Dugger made a motion to open the public hearing. Motion seconded by Council Member Wilson. Motion approved by vote of 7-0. Page 3 of 6 The following citizens were present in support and/or opposition to the case: Applicant Trevor Castilla spoke in support of the case stating he met with the Highland Meadows Homeowner’s Association regarding lot sizes, lot width, landscape screening, fencing and the amenity center. Robert Wierschem spoke regarding his concerns with water runoff, detention pond design and maintenance. Gordon Cameron e, President of Highland Meadows Homeowner’s Association spoke against the proposed zoning case noting the applicant did not meet the association’s goals. He stated that the goal’s for the Homeowner’s Association were to move the Amenity Center, increase lot sizes to the south to allow a transition to wider lot sizes, increase set backs on west and south perimeter lots to add evergreen screening allowing privacy instead of canopy trees. He also asked that wrought iron fencing material be used. Laura Lofton spoke in opposition to the proposed zoning case and showed a brief power point presentation. She spoke regarding her concerns with the Amenity Center location, lighting issues, increased traffic, lot widths, privacy issues if (2) two story homes are constructed, and the home values. John Dishong gave a brief power point presentation showing the adjacent land uses. He spoke regarding his concerns of lighting issues, lot sizes, widths, setbacks, Amenity Center location, fencing, and his preference of evergreen shrubs instead of proposed canopy trees. The following citizens did not wish to speak, but filled out a request form in opposition to the proposed case: Kirby Jones, Kent Waltershot, John Hendricks and Laura Scher. Council Member Wilson made a motion to close the public hearing. Motion seconded by Deputy Mayor Pro Tem Miller. Motion approved by vote of 7-0. After discussion, Deputy Mayor Pro Tem moved to deny the request to rezone rezone 9.6± acres, located on the west side of Coit Road, 200± feet south of Frontier Parkway, from Single Family-15 (SF-15) to Planned Development-Single Family (PD-SF). Motion seconded by Council Member Wilson. Motion approved by vote of 7-0. 9. A public hearing to consider and discuss the Fiscal Year 2011-2012 Budget as proposed. Finance Director Matthew Garrett briefed Council regarding the proposed budget recommendations which include an additional Police Officer to increase depth in Police Patrol. He also noted that the Parks Department will add two Equipment Operators, two Technicians and two Temporary Seasonal Maintenance Workers to help maintain additional park facilities and ball fields. The Building Inspection Department’s part time Permit Technician position will be reclassified to a full time position to keep up with the growth and to ensure coverage. The Water and Sewer Departments will add an (2) two additional Utility Workers and a Water Utility Office Coordinator. Council Member Vogelsang made a motion to open the public hearing. Motion seconded by Council Member Wilson. Motion approved by vote of 7-0. There were no citizens present to speak in support and/or opposition of FY 2011-2012 Budget. Page 4 of 6 Council Member Wilson moved to close the public hearing. Motion seconded by Council Member Dixon. Motion approved by vote of 7-0. Council Member Wilson moved to approve the FY 2011-2012 Budget as presented. Motion seconded by Council Member Dixon. Motion approved by vote of 7-0. DEPARTMENT ITEMS 10. Discussion of SB 100 regarding options for municipal elections during even numbered years. Town Secretary Amy Piukana gave a brief power point presentation regarding Senate Bill 100. She explained the various options regarding contracting elections in even numbered years. Council feedback was generally in support of option 4 as presented, which is to contract with Denton County to conduct the May 2012 Municipal Election. 11. Consider and act upon Ordinance No. 11-58, amending the Town’s residential building permit fee. Building Official Wayne Snell briefed Council regarding updating the Building Inspection Fee Schedule. He noted the fee schedule has not been updated in over eight years. He went over the International Code Council Permit Fee Table showing permit fees of neighboring cities. Jim Williams spoke regarding his concerns with rates to build in Prosper historically and compared recently pulled permit total costs to that of those expected if rates were to increase. Phil Crone representing Home Builders Association of Greater Dallas spoke in opposition stating the regional cost differences are too significant. He asked the Town to conduct a cost fee study to ensure fees set are in an amount reasonably related to the regulation and that it doesn’t allow profit or revenue beyond the Town’s cost. He noted that his organization supports a temporary fee increase, based on the Town’s current $63.50 per square foot value. Matt Robinson President of Prosper Developers Council spoke in opposition asking that a comprehensive detailed fee study be done. He asked staff to provide an analyzed breakdown of direct cost indicating what the revenue would be used for. After discussion, Council Member Wilson moved to approve Ordinance No. 11-58, Comprehensive Fee Schedule for Building Permits/Inspection Fees amending the residential permit fees in the amount of $85.00 per square foot using the International Code Table. Motion seconded by Mayor Pro Tem Dugger. Motion approved by vote of 6-1, Council Member Benefield voting against. 12. Consider and discuss water and sewer rate increases, expected FY 2011-2012 shortfalls and future revenue requirements. Finance Director Matthew Garrett briefed Council and introduced Chris Ekrut, with J. Stowe & Company, who presented a brief power point presentation of the FY 2012 Rate Policy, revenue summary, water rate increases for residential and commercial users, sewer rate increase for residential and commercial users and the monthly impact to the average customer. Council instructed staff to develop the water and sewer rate ordinance for future Council consideration in accordance with the Consultant’s rate recommendation. 13. Consider and discuss including approximately $450,000 of General Obligation debt along with the anticipated debt refunding issue. Finance Director Matthew Garrett briefed Council regarding the debt refunding issue. He explained that the Town’s Financial Advisor recommended including Page 5 of 6 approximately $450,000 of General Obligation debt with the scheduled refunding. Approximately $320k is anticipated for Parks Equipment as authorized in Proposition 4 and $130k is being designated to cover a portion of land currently being discussed for a Public Works facility as authorized in Proposition 2. Council asked staff to provide a document showing a cost breakdown and details of the items. This item was discussed and no action was taken. 14. Consider and act upon Resolution No. 11-58 declaring the intent of the Town to reimburse expenditures pertaining to site acquisition for, and design costs of, a public works facility and expenditures for drainage improvements from proceeds of future debt obligations to be issued by the Town. Finance Director Matthew Garrett briefed Council regarding Resolution No. 11-58. Council Member Vogelsang moved to approve upon Resolution No. 11-58 declaring the intent of the Town to reimburse expenditures pertaining to site acquisition for, and design costs of, a public works facility and expenditures for drainage improvements from proceeds of future debt obligations to be issued by the Town. Motion seconded by Deputy Mayor Pro Tem Miller. Motion approved by vote of 7-0. EXECUTIVE SESSION Mayor Pro Tem Dugger made a motion to recess into executive session at 9:07 p.m. Motion seconded by Deputy Mayor Pro Tem Miller. Motion approved by vote of 7-0. 15. Recess into Closed Session in compliance with Section 551.001 et. seq. Texas Government Code, to wit; and Section 551.071 Meeting with City Attorney regarding a matter(s) in which the duty of the City Attorney under the Texas Disciplinary rules of Professional Conduct of the State Bar of Texas conflicts with the Open Meetings Act regarding: a. Section 551.072. To deliberate the purchase, exchange, lease or value of real property located north of First Street, West of Preston, East of Dallas North Tollway, and South of Prosper Trail. b. To reconvene in Regular Session and take any action necessary as a result of the Closed Session. Mayor Pro Tem Dugger moved to reconvene into regular session. Motion seconded by Council Member Benefield. Motion approved by vote of 7-0. There was no action taken as a result of the closed session. Mayor Pro Tem Dugger moved to adjourn the meeting. Motion seconded by Council Member Wilson. Motion approved by vote of 7-0. 16. Adjourn – Mayor Pro Tem Dugger moved to adjourn the meeting at 9:35 p.m. Motion seconded by Council Member Wilson. Motion approved by vote of 7-0. ___________________________________ Ray Smith, Mayor Page 6 of 6 ATTEST: ___________________________ Amy M. Piukana, TRMC Town Secretary Page 1 of 1 To: Mayor and Town Council From: Matthew B. Garrett, Finance Director CC: Mike Land, Town Manager Re: Town Council Meeting – September 13, 2011 Date: September 6, 2011 Agenda Item: Consider and act upon entering an Interlocal Cooperative Purchasing Agreement with the City of Fort Worth. Description of Agenda Item: This Cooperative Purchasing Agreement will allow Prosper to purchase commodities and/or services, from any and all vendors under the same terms, conditions and price as stated in each awarded contract as the City of Forth Worth. The City of Fort Worth has followed procurement procedures for products and/or services offered by this Agreement in accordance with the State’s governing procurement statutes and regulations. The City of Forth Worth covers several purchase types including facilities, furniture, office supplies and technology. In one specific case, we plan to piggyback on the City of Fort Worth’s Commercial Card Agreement for the Town’s Procurement Card program with JPMorgan Chase. Budget Impact: There are no costs or fees associated with entering into the City of Forth Worth Cooperative Purchasing Program. Legal Obligations and Review: N/A Attached Documents: Agreement Document Board/Committee Recommendation: N/A Town Staff Recommendation: Staff recommends that the Town Council approve this item in consent. If pulled for discussion, staff recommends that the Town Council, “Make a motion to approve a resolution approving the Cooperative Purchasing Agreement with the City of Fort Worth. Prosper is a place where everyone matters. Administration City of Fort Worth & Town of Prosper Cooperative Purchasing Agreement FORT WORTH CITY SECRETARY CONTRACT NO. ________________ COOPERATIVE PURCHASING AGREEMENT This Cooperative Purchasing Agreement ("Agreement") is made and entered into as of the date written below between the Town of Prosper and the City of Fort Worth, Texas ("Fort Worth"). WHEREAS, both Prosper and Fort Worth have each determined a need for a cooperative agreement to purchase like goods and services to avoid duplicate procurement efforts and obtain the benefits of volume purchasing; and WHEREAS, Prosper and Fort Worth are authorized by Section 271.102 of the Local Government Code to pursue mutually beneficial and cooperative purchasing programs. NOW, THEREFORE, for and in consideration of the mutual obligations and benefits contained herein, Prosper and Fort Worth agree as follows: SECTION 1. The purpose of this Agreement is to provide Prosper and Fort Worth with additional purchasing options by satisfying the provisions of Section 271.102 of the Local Government Code. SECTION 2. The parties agree that each of the parties shall respectively designate a person to act under the direction of, and on behalf of, the designating party (the "Designated Representative"). SECTION 3. At the request of the other party, a party that enters into a contract with a vendor for goods or services (the "First Purchasing Party") shall attempt to obtain the vendor's agreement to offer those goods and services to the other party (the "Second Purchasing Party") for the same price and on the same terms and conditions as have been offered to the First Purchasing Party. If the vendor so agrees, and if the Second Purchasing Party is agreeable to such terms and conditions, the Second Purchasing Party may enter into its own separate contract with the vendor for the purchase of such goods or services. SECTION 4. Unless otherwise agreed between the Designated Representatives, payments for a purchase made by the Second Purchasing Party shall be paid directly to the vendor and not to the First Purchasing Party. The Second Purchasing Party shall have the responsibility of determining whether the vendor has complied with any provisions in its contract with the vendor, including but not limited to those relating to the quality of items and terms of delivery, and shall be responsible for enforcement of its contract against the vendor, including all cost of enforcement. Page 1 of 3 City of Fort Worth & Town of Prosper Cooperative Purchasing Agreement SECTION 5. This Agreement will be subject to all applicable federal, state and local laws, ordinances, rules and regulations. SECTION 6. This Agreement may be terminated by either party, without cause or penalty, upon not less than thirty days written notice to the other party. SECTION 7. The parties acknowledge that each party and, if it so chooses, its counsel have reviewed and revised this Agreement and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party must not be employed in the interpretation of this Agreement or any amendments or exhibits hereto. SECTION 8. If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of this Agreement, venue for such action shall lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas — Fort Worth Division. This Agreement shall be construed in accordance with the laws of the State of Texas. SECTION 9. If any term or provision of this Agreement is held to be illegal, invalid or unenforceable, the legality, validity or enforceability of the remaining terms or provisions of this Agreement shall not be affected thereby, and in lieu of each such illegal, invalid or unenforceable term or provision, the parties shall endeavor to agree to a legal, valid or enforceable term or provision as similar as possible to the term or provision declared illegal, invalid or unenforceable. SECTION 10. Execution of this Agreement does not obligate Prosper or Fort Worth to make any purchase, to pay any membership fee or to otherwise or in any manner incur any cost or obligation. SECTION 11. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which shall constitute but one and the same instrument. SECTION 12. The undersigned officers and/or agents are properly authorized to execute this Agreement on behalf of the parties hereto and each party hereby certifies to the other that any necessary actions extending such authority have been duly passed and are now in full force and effect. SECTION 13. All notices, requests, demands, and other communications which are required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been duly given upon the delivery or receipt thereof, as the case may be, if delivered personally or sent by registered or certified mail, return receipt requested, postage prepaid, to the respective city representative set out below, or his/her designee. Page 2 of 3 City of Fort Worth & Town of Prosper Cooperative Purchasing Agreement EXECUTED this 13th day of September , 2011. CITY OF FORT WORTH TOWN OF PROSPER 1000 Throckmorton Street 121 W. BROADWAY Fort Worth, Texas 76102 PROSPER, TEXAS 75078 By:________________________ By:_________________________ Karen L. Montgomery Mike Land Title: Assistant City Manager Title: Town Manager APPROVED AS TO FORM AND LEGALITY: ________________________ Contact Authorization ________________________ Marty Hendrix, City Secretary ________________________ Date Page 3 of 3 Page 1 of 2 To: Mayor and Town Council From: Chris Copple, AICP, Planning & Zoning Manager Cc: Mike Land, Town Manager Hulon T. Webb, Jr., P.E., Director of Development Services/Town Engineer Re: Town Council Meeting – September 13, 2011 Date: September 8, 2011 Agenda Item: Consider and act upon a resolution calling for a public hearing on Tuesday, October 25, 2011 on the Water, Wastewater & Roadway Impact Fee, Land Use Assumptions, and Capital Improvements Plan. Description of Agenda Item: The Town Council approved a professional services agreement with Freese & Nichols to update the Town’s Impact Fees on January 25th. The Council appointed seven members to the Capital Improvements Advisory Committee (CIAC) on March 8th. The CIAC held their second meeting on July 18th to review the draft capital improvements plans, review fee comparisons with other cities, and discuss impact fees. The next CIAC meeting is scheduled for September 19th and the agenda will include discussion and a recommendation on the impact fee calculations. Freese & Nichols remains on schedule to present the proposed impact fees to the Town Council on October 25, 2011. Chapter 395 of the Texas Local Government Code requires the Town Council adopt a resolution calling a public hearing on the Water, Wastewater & Roadway Impact Fee, Land Use Assumptions, and Capital Improvements Plan. Town staff has drafted the attached resolution calling for a public hearing to be held on Tuesday, October 25, 2011 at the regular Town Council Meeting, at 6:00 p.m. in the Town of Prosper Municipal Chambers at 108 W. Broadway Street, on the Water, Wastewater, & Roadway Impact Fee, Land Use Assumptions, and Capital Improvements Plan. Budget Impact: There are no significant budget implications associated with this item. Legal Obligations and Review: The resolution is required per Chapter 395 of the Texas Local Government Code. The public hearing notice will be published in the newspaper and placed on the Town’s website by September 24, 2011. Attached Documents: 1. Resolution calling for a public hearing on Tuesday, October 25, 2011 on the Water, Wastewater & Roadway Impact Fee, Land Use Assumptions, and Capital Improvements Plan. Prosper is a place where everyone matters. PLANNING Page 2 of 2 2. Impact Fee Update Schedule. Town Staff Recommendation: Town staff recommends the Town Council adopt a resolution calling for a public hearing on Tuesday, October 25, 2011 on the Water, Wastewater & Roadway Impact Fee, Land Use Assumptions, and Capital Improvements Plan. TOWN OF PROSPER, TEXAS RESOLUTION NO. 11-60 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY CALLING FOR A PUBLIC HEARING ON TUESDAY, OCTOBER 25, 2011, ON THE WATER, WASTEWATER & ROADWAY IMPACT FEE, LAND USE ASSUMPTONS, AND CAPITAL IMPROVEMENTS PLAN. WHEREAS, Chapter 395 of the Texas Local Government Code provides the procedure on the amendment of impact fees, land use assumptions, and capital improvements plan. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: The Town Council of the Town of Prosper, Texas, is hereby calling for a public hearing to be held on Tuesday, October 25, 2011 at the regular Town Council Meeting, at 6:00 p.m. in the Town of Prosper Municipal Chambers at 108 W. Broadway Street, on the Water, Wastewater, & Roadway Impact Fee, Land Use Assumptions, and Capital Improvements Plan. Any member of the public has the right to appear at the hearing and present evidence for or against the proposed impact fees, land use assumptions and capital improvements plan. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 13th day of September, 2011. _________________________ Ray Smith, Mayor ATTEST TO: _________________________ Amy Piukana, TRMC Town Secretary TO: Chris Copple, AICP, Town of Prosper Hulon Webb Jr., P.E. , Town of Prosper FROM: Scott Cole, P.E., Freese and Nichols Melissa Brunger, P.E., Freese and Nichols Jeff Whitacre, P.E., Kimley‐Horn and Associates, Inc. SUBJECT: Impact Fees – Important Dates DATE: September 7, 2011 Description Date Action By CIAC Meeting #1‐ Land Use Assumptions 4/18/2011 Town Staff, CIAC, FNI Project Meeting with City Staff to discuss Impact Fee CIPs 7/18/2011 Town Staff, FNI CIAC Meeting #2‐ Impact Fee CIPs 7/18/2011 Town Staff, CIAC, FNI Town Staff to submit Council consent agenda item to set Public Hearing date 9/2/2011 Town Staff Submit Draft Impact Fee Report to Town for review 9/6/2011 FNI Town Staff to submit notice for CIAC Meeting #3 9/6/2011 Town Staff Town Council to set date for Public Hearing (to be held on 10/25/2011) 9/13/2011 Council CIAC Meeting #3 – Impact Fee Calculations 9/19/2011 Town Staff, CIAC, FNI Impact Fee Report available to Public 9/21/2011 FNI Advertise in newspaper for Public Hearing 9/21/2011 Town Staff Town Staff to submit Council agenda item for Public hearing 10/14/2011 Town Staff CIAC written comments due to Council 10/18/2011 CIAC Public Hearing 10/25/2011 Town Staff, Council, FNI CIAC= Capital Improvements Advisory Committee MEMORANDUM Agenda Item No._ - Page 1 of 2 To: Mayor and Town Council From: Hulon T. Webb, Jr., P.E., Director of Development Services/Town Engineer CC: Mike Land, Town Manager Frank E. Jaromin, P.E., Director of Public Works Michael Bulla, CIP Project Manager Re: Town Council Meeting – September 13, 2011 Date: September 6, 2011 Agenda Item: Consider and act upon change order #2 to Walker Partners, LLC, for the engineering design services for the Wilson Creek Tributary Wastewater Interceptor. Description of Agenda Item: On February 23, 2010, Town Council approved a design contract for the Wilson Creek Tributary Wastewater Interceptor. The contract included the design of an approximately 12,100 LF gravity sewer main extending from the existing trunk within the Whitley Place development to Coit Road. In addition to providing service opportunities to the adjoining undeveloped properties, this sewer main will connect to the Whispering Farms and Greenspoint sewer lines allowing the Town to shut down the current lift stations serving these developments. An alternate design to extend the sewer main to the La Cima lift station along Coit Road is also included. On September 28, 2010, Town Council approved Change order #1 in the amount of $9,690 to Walker Partners, LLC. for survey and design changes to shift a portion of the interceptor to the south side of Wilson Creek and to accommodate newly plated phases of Whitley Place. This change order provides for: • Redesigning and recalculating 1,800 LF of the Sewer Interceptor through the 162 Prosper L.P. property north of First Street within the previously surveyed limits ($4,350). • Producing new permanent and temporary construction easements, field note descriptions of affected parcel, changed bid quantities, and revised bid proposal ($3,250). • Additional survey of 1200 LF of Fraze tract for redesign of interceptor to better facilitate subsequent development ($2,160). • Redesigning and recalculating of 1,200 LF of Sewer Interceptor through Fraze tract ($5,800). • Producing new permanent and temporary construction easements, field note descriptions of affected parcel, changed bid quantities, and revised bid proposal ($3,250). ENGINEERING Prosper is a place where everyone matters. Agenda Item No._ - Page 2 of 2 Budget Impact: The original design contract in the amount of $156,000, awarded February 23, 2010, and change order #1 in the amount of $9,690 was funded by the Sewer Impact Fee Funds. In addition, change order #2 in the amount of $18,810 will be funded by the Sewer Impact Fee Fund. 2008 CO Bonds are anticipated to fund the construction, currently estimated at $1,900,000, of the Wilson Creek Interceptor. Legal Obligations and Review: N/A Attached Documents: The following documentation is being provided for review: • Proposed Wilson Creek Sewer Alignment • CIP Wastewater Map Board, Committee and/or Staff Recommendation: Town staff recommends that the Town Council approve Change Order #2 to Walker Partners, LLC, regarding the design of the Wilson Creek Tributary Wastewater Interceptor. CIP WASTEWATER MAP Wilson Creek Sewer Interceptor First Street Coit Road Page 1 of 2 To: Mayor and Town Council From: Hulon T. Webb, Jr., P.E., Director of Development Services/Town Engineer CC: Mike Land, Town Manager Wayne Snell, Building Official Re: Town Council Meeting – September 13, 2011 Date: September 6, 2011 Agenda Item: Consider and act upon an Impact Fee and Development Agreement between CrossMac Investments, LLC and the Town of Prosper. Description of Agenda Item: Earlier this year CrossMac Investment, LLC, received a building permit to construct a 16,484 square foot building, the second building to be built by Crossland Construction in the Eagle’s Crossing Addition. As was done when Crossland Construction constructed the first building in the Eagle’s Crossing Addition, thoroughfare impact fees were assessed with the building permit for the entire building based on proposed uses. Since CrossMac was only planning on finishing out 4,628 square feet for Baylor Medical and leaving the remaining 11,856 square feet unfinished until tenants were found, they requested a variance to the Town’s procedure of collecting thoroughfare impact fees for the entire building with the issuance of a building permit. In accordance with Section 395.017 of the Texas Local Government Code the Town is allowed the ability to enter into an Impact Fee and Development Agreement to set forth criteria on how the thoroughfare impact fees can be collected on a specific property. As there is no plan to change the current Town procedure of when impact fees are assessed and collected, this agreement is necessary to facilitate the variance requested by CrossMac. The terms of the agreement require the following: • CrossMac to pay $39,338 for the finish out of 4,628 square feet of Medical Office; and • CrossMac to pay $15,827.76 for the remaining 11,856 square feet to be assessed at the rate attributable to a warehouse under the Impact Fee Ordinance. • With the future use of the remaining 11,856 square feet, any additional thoroughfare impact fees over the warehouse rate for finish out will be paid at time of building permit for that portion of additional finish out square footage. With the issuance of the building permit, CrossMac paid the required $55,156,76 in accordance with the terms of the proposed agreement. Budget Impact: The proposed agreement has no impact to the budget. ENGINEERING Prosper is a place where everyone matters. Page 2 of 2 Legal Obligations and Review: Impact Fee and Development Agreement was prepared by the Town Attorney Attached Documents: The following documentation is being provided for review: • Impact Fee and Development Agreement Board, Committee and/or Staff Recommendation: Town staff recommends that the Town Council approve and authorize the Town Manager to execute the Impact Fee and Development Agreement. Page 1 of 1 To: Mayor and Town Council From: Chris Copple, AICP, Planning & Zoning Manager Cc: Mike Land, Town Manager Hulon T. Webb, Jr., P.E., Director of Development Services/Town Engineer Re: Town Council Meeting – September 13, 2011 Date: September 8, 2011 Agenda Item: Consider and act upon whether to direct staff to submit a written notice of appeal on behalf of the Town Council to the Development Services Department, pursuant to Chapter 4, Section 1.5(C)(7) and 1.6(B)(7) of the Town’s Zoning Ordinance, regarding action taken by the Planning & Zoning Commission on any site plan or preliminary site plan. Description of Agenda Item: Attached are the site plans and/or preliminary site plans acted on by the Planning & Zoning Commission at their September 6, 2011 meeting. Per the Town’s Zoning Ordinance, the Town Council has the ability to direct staff to submit a written notice of appeal on behalf of the Town Council to the Development Services Department for any site plan or preliminary site plan acted on by the Planning & Zoning Commission. Attached Documents: 1. Preliminary site plan for Cynthia Cockrell Elementary School, on 12.2± acres, located on the southwest corner of Prosper Trail and Escalante Trail, approved by a vote of 6-0. 2. Site plan for Cynthia Cockrell Elementary School, on 12.2± acres, located on the southwest corner of Prosper Trail and Escalante Trail, approved by a vote of 6-0. Town Staff Recommendation: Town staff recommends the Town Council take no action on this item. Prosper is a place where everyone matters. PLANNING Page 1 of 2 To: Mayor and Town Council From: Matthew B. Garrett, Finance Director CC: Mike Land, Town Manager Re: Town Council Meeting – September 13, 2011 Date: September 08, 2011 Agenda Item: A public hearing to consider and act on an ordinance increasing and modifying Water and Wastewater fees and rate structures. Description of Agenda Item: The enterprise fund for Water and Wastewater Utilities is intended to be self-sufficient by charging its consumers the costs of its services. Last year, the proposed increase for water was small enough to be postponed with no great impact, but wastewater rates were increased. Chris Ekrut, with J. Stowe & Company, conducted a refresh of our prior rate study and briefly presented his analysis and resulting recommendations at our August 23 meeting. Both the water and wastewater rates are recommended to be increased. The rates for water from NTMWD increased 8.5%. Wastewater rates were expected to increase significantly this coming year, but delays in the Doe Branch project have helped hold wastewater increases to a minimum. It should be noted, however, that the Town expects the Doe Branch wastewater facility to begin construction in the near term. For an average consumer who uses 13,000 gallons of water per month and with a 7000 Gallon winter average for wastewater calculations, the total bill would increase $6.12. On additional modification that came from this year’s review was to charge the multifamily customers serviced by one master meter residential rates for water and sewer, except that winter averaging would not apply. Town Council had previously elected to bill Multifamily dwellings as commercial customers. Budget Impact: The proposed rates should fully cover the budgeted revenue requirements assuming no new debt is required until FY 2012-2013. The rates listed in the ordinance were used in calculating the proposed budget. Legal Obligations and Review: N/A Attached Documents: Ordinance updating the sewer rates Impact to Average Customers Prosper is a place where everyone matters. ADMINISTRATION Page 2 of 2 Board/Committee Recommendation: The Finance Committee provided direction to staff supporting the recommended increases. Town Staff Recommendation: Town staff recommends that the Town Council receive public comment in the public hearing and… “Move to approve the ordinance increasing and modifying Water and Wastewater fees and rate structures.” FY 2012 Water Rates Current Rates FY 2011 FY 2012 FY 2012 Residential Minimum Charge (1") 17.71$ 18.52$ 19.06$ 18.54$ Volumetric Charge (per 1,000 gal.)3.57 3.80 3.88 3.74 Commercial Minimum Charge (1") 13.58$ 13.58$ 13.58$ 14.22$ Volumetric Charge (per 1,000 gal.)3.85 4.08 4.18 4.03 Projected in Rate Study FY 2012 Average Customer Monthly Water Bill Current Rates FY 2011 FY 2012 FY 2012 Residential Average Bill @ 13,000 gal. 64.12$ 67.92$ 69.50$ 67.16$ Increase over Current 3.80 5.38 3.04 Commercial Average Bill @ 13,000 gal. 63.63$ 66.62$ 67.92$ 66.61$ Increase over Current 2.99 4.29 2.98 Projected in Rate Study FY 2012 Wastewater Rates Current Rates FY 2011 FY 2012 FY 2012 Residential Minimum Charge 21.16$ 25.79$ 32.37$ 22.63$ Volumetric Charge (per 1,000 gal.)3.29 4.02 5.05 3.52 Commercial Minimum Charge 24.25$ 29.56$ 37.10$ 25.94$ Volumetric Charge (per 1,000 gal.)3.97 4.84 6.08 4.25 Projected in Rate Study FY 2012 Average Customer Monthly Sewer Bill Current Rates FY 2011 FY 2012 FY 2012 Residential Average Bill @ 7,000 gal. 44.19$ 53.93$ 67.72$ 47.27$ Increase over Current 9.74 23.53 3.08 Commercial Average Bill @ 7,000 gal. 52.04$ 63.44$ 79.66$ 55.69$ Increase over Current 11.40 27.62 3.65 Projected in Rate Study Fee Schedule Ordinance (Amend Nos. 02-33, 03-48, 05-72, 09-051 and 10-077) 402696-1 ORDINANCE NO. 11-61 AN ORDINANCE OF THE TOWN OF THE PROSPER, TEXAS; AMENDING ORDINANCE NOS. 02-33, 03-48, 05- 72, 09-051 AND 10-077, COMPREHENSIVE FEE SCHEDULE, SECTION 11 (WATER AND WASTEWATER RATES), EXHIBIT “B”; PROVIDING FOR A PENALTY FOR THE VIOLATION OF THIS ORDINANCE; PROVIDING FOR SAVINGS, REPEALING AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the Town Council of the Town of Prosper, Texas ("Town Council") has investigated and determined that it would be advantageous and beneficial to the citizens of the Town of Prosper, Texas (“Prosper”) to amend Ordinance Nos. 02-33, 03-48, 05-72, 09-051 and 10-077, Comprehensive Fee Schedule, Section 11 (Water and Wastewater Rates), Exhibit “B”, to amend water and wastewater rates; and WHEREAS, the Town Council has investigated and determined that it would be advantageous and beneficial to the citizens of Prosper to amend water and wastewater rates as set forth below. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: Findings. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2: Amendment to Ordinance Nos. 02-33, 03-48, 05-72, 09-051 AND 10-077 Comprehensive Fee Schedule, Section 11 (Water and Wastewater Rates), Exhibit “B”. Ordinance Nos. 02-33, 03-48, 05-72, 09-051 and 10-077 Comprehensive Fee Schedule, Section 11 (Water and Wastewater Rates), Exhibit “B” is hereby amended and replaced with the Exhibit “B” attached hereto and incorporated herein for all purposes which modifies the water and wastewater rates as set forth therein. SECTION 3: Penalty Provision. Any person, firm, corporation or business entity violating this Ordinance or Ordinance Nos. 02-33, 03-48, 05-72, 09-051 and 10-077 shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be fined a sum not exceeding Five Hundred Dollars ($500.00). Each occurrence in violation of this Ordinance shall constitute a separate and distinct offense. The penal provisions imposed under this Ordinance shall not preclude Prosper from filing suit to enjoin the violation nor shall it preclude Prosper from taking such other lawful action as is necessary to prevent or remedy any violation. Prosper retains all legal rights and remedies available to it pursuant to local, state and federal law. SECTION 4: Savings/Repealing Clause. Ordinance Nos. 02-33, 03-48, 05-72, 09-051 and 10-077 shall remain in full force and effect except as amended by this or any other ordinance. All provisions of any ordinance in conflict with this Ordinance are hereby repealed to the extent they are in conflict; but such repeal shall not abate any Fee Schedule Ordinance (Amend Nos. 02-33, 03-48, 05-72, 09-051 and 10-077) 402696-1 pending prosecution for violation of the repealed ordinance, nor shall the repeal prevent a prosecution from being commenced for any violation if occurring prior to the repeal of the ordinance. Any remaining portions of said ordinances shall remain in full force and effect. SECTION 5: Severability. Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Prosper hereby declares that it would have passed this Ordinance, and each section, subsection, clause or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses and phrases be declared unconstitutional or invalid. SECTION 6: Effective Date. This Ordinance shall become effective from and after its adoption and publication as required by law. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS ON THIS 13th DAY OF SEPTEMBER, 2011. ________________________________ RAY SMITH, Mayor ATTESTED TO: ___________________________________ AMY PIUKANA, Town Secretary DATE OF PUBLICATION:___________________________________, Prosper Press Exhibit B to Fee Schedule Ordinance (Amend Nos. 02-33, 03-48, 05-72, 09-051 and 10-077) 402696-1 Exhibit “B” Town of Prosper Water and Wastewater Rates Effective First Full Billing Cycle Following October 1, 2011 Residential Water Service Rates Residential Wastewater Service Rates Meter Size Minimum Service Charge All Residential Accounts Minimum Service Charge 3/4" or Smaller $ 11.12 $ 22.63 1” $ 18.54 1 ½” $ 37.07 Volumetric Charge Rate per 1,000 Gallons 2” $ 59.32 All $ 3.52 3” $111.19 4” $185.36 6” $370.58 Volumetric Charges Rate per 1,000 Gallons Winter Averaging 0 – 15,000 Gallons $ 3.74 Wastewater volumetric charges on residential accounts are billed based on the Winter Average Consumption during the months of December, January and February. 15,001 – 40,000 Gallons $ 5.60 40,001 – 80,000 Gallons $ 8.41 80,001 – Plus $ 12.61 Additional Residential Service Charges Service Initiation $ 65.00 Transfer Fees $ 20.00 Meter Accuracy Re-Reads $ 15.00 Late Fees 10% of Billed Amount Turn Offs / Reconnects During Normal Office Hours $ 30.00 Turn Offs / Reconnects After Normal Office Hours $ 60.00 Senior citizen account holders who qualify are entitled to receive the first two thousand (2,000) gallons included as part of the minimum bill for indoor residential accounts. To be eligible, the customer must be the listed account holder age sixty-five (65) or older, complete an application for the discount, provide proof of age on a valid United States or State ID and not be receiving the senior citizen discount on any other Town of Prosper account. Late payment penalties shall be waived for any account holder, on that customer’s residential utility bill, upon request and presentation of adequate proof that the customer is either • at least age sixty-five (65) and the recipient of social security or other bona fide retirement benefits OR • is totally disabled. Multifamily Dwellings, Townhomes and other Multitenant Accounts served by one master meter will be billed a minimum water charge per unit equal to the 3/4" Residential base rate and the minimum service charge for wastewater. The Residential volumetric charges will apply as normally scheduled on all master meter consumption for both water and wastewater services, except that winter averaging will not be applied to Multifamily Dwellings served by one master meter. Out of Town rates are the same as In Town rates for water and wastewater. Exhibit B to Fee Schedule Ordinance (Amend Nos. 02-33, 03-48, 05-72, 09-051 and 10-077) 402696-1 Exhibit “B” Town of Prosper Water and Wastewater Rates Effective First Full Billing Cycle Following October 1, 2011 Commercial Water Service Rates Commercial Wastewater Service Rates Meter Size Minimum Service Charge All Commercial Accounts Minimum Service Charge 3/4" or Smaller $ 8.53 $ 25.94 1” $ 14.22 1 ½” $ 28.44 Volumetric Charge Rate per 1,000 Gallons 2” $ 45.50 All $ 4.25 3” $ 85.31 4” $142.18 6” $284.40 Volumetric Charges Rate per 1,000 Gallons 0 – 15,000 Gallons $ 4.03 15,001 – 40,000 Gallons $ 5.04 40,001 – 80,000 Gallons $ 6.29 80,001 – Plus $ 7.87 Additional Commercial Service Charges Service Initiation $ 75.00 Transfer Fees $ 20.00 Meter Accuracy Re-Reads $ 15.00 Late Fees 10% of Billed Amount Turn Offs / Reconnects During Normal Office Hours $ 30.00 Turn Offs / Reconnects After Normal Office Hours $ 60.00 Out of Town rates are the same as In Town rates for water and wastewater. Exhibit B to Fee Schedule Ordinance (Amend Nos. 02-33, 03-48, 05-72, 09-051 and 10-077) 402696-1 Exhibit “B” Town of Prosper Water and Wastewater Rates Effective First Full Billing Cycle Following October 1, 2011 Irrigation Water Service Rates Irrigation Wastewater Service Rates Meter Size Minimum Service Charge Irrigation Accounts are not billed for wastewater services. Irrigation Accounts are strictly for meters and water service dedicated solely to furnish water service to lawn sprinkler or irrigation systems, and do not directly receive wastewater services. 3/4" or Smaller $ 4.03 1” $ 6.71 1 ½” $ 13.43 2” $ 21.48 3” $ 40.31 4” $ 67.19 6” $134.35 Volumetric Charges Rate per 1,000 Gallons 0 – 15,000 Gallons $ 5.64 15,001 – 40,000 Gallons $ 6.48 40,001 – 80,000 Gallons $ 7.45 80,001 – Plus $ 8.57 Additional Irrigation Service Charges Service Initiation $ 75.00 Transfer Fees $ 20.00 Meter Accuracy Re-Reads $ 15.00 Late Fees 10% of Billed Amount Turn Offs / Reconnects During Normal Office Hours $ 30.00 Turn Offs / Reconnects After Normal Office Hours $ 60.00 Out of Town rates are the same as In Town rates for water. Page 1 of 1 To: Mayor and Town Council From: Matthew B. Garrett, Finance Director CC: Mike Land, Town Manager Re: Town Council Meeting – September 13, 2011 Date: September 8, 2011 Agenda Item: Consider and act upon an ordinance adopting the Fiscal Year 2011-12 Budget and setting the appropriations for the Fiscal Year beginning October 1, 2011 and ending September 30, 2012. Description of Agenda Item: This item is to adopt and appropriate funds for the Fiscal Year 2011-2012 Budget. Prior to this meeting, the Town followed public notice requirements and held one public hearing where the proposed budget was considered, and interested taxpayers were given the opportunity to be heard by the Town Council. Budget Impact: N/A Legal Obligations and Review: N/A Attached Documents: Post-Proposal Changes General Fund Summary and All Fund Change Detail Line Item Detail Budget Ordinance Adopting the Fiscal Year 2011-12 Budget (Excludes EDC Budget - pending Board approval) Board/Committee Recommendation: N/A Town Staff Recommendation: Town staff recommends that the Town Council… “move to approve the ordinance adopting the 2011-2012 Budget for the fiscal year beginning October 1, 2011 and ending September 30, 2012 as proposed and filed by the Town Manager with the following adjustments: Adding/Adjusting Post-Proposal Changes by Staff Included with this Agenda Item <Specifically list any other reductions or additions to the proposed budget as desired>” Prosper is a place where everyone matters. Administration Page 1 of 2 ORDINANCE NO. 11-59 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011 AND ENDING SEPTEMBER 30, 2012, IN ACCORDANCE WITH EXISTING STATUTORY REQUIREMENTS; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, pursuant to the laws of the State of Texas, the Town Manager of the Town of Prosper has submitted to the Mayor and Town Council a proposed budget of the revenues and appropriations for conducting the affairs of Prosper and providing a complete financial plan for Fiscal Year 2011-2012: and has filed the same with the Town Secretary (the “budget”): and WHEREAS, following public notice duly posted and published as required by the law, one public hearing – on August 23, 2011 - was held by the Town Council at which time said budget was fully considered, and interested taxpayers were given the opportunity to be heard by the Town Council; and WHEREAS, the Town Council has studied the budget and listened to the comments of the taxpayers at the public hearing and has investigated and determined that adoption of the budget is in the best interest of the Town; and WHEREAS, the Town Council finds that all legal notices, hearings, procedures and publishing requirements for the adoption of the budget have been performed or completed in the manner and form set forth by law. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, COLLIN COUNTY, TEXAS: SECTION 1: Findings Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2: Adoption of Budget. We the Mayor and Town Council for the Town of Prosper do hereby approve and adopt for fiscal year beginning October 1, 2011 and ending September 30, 2012. The Budget as filed and submitted by the Town Manager and subsequently adjusted by Town Council, containing estimates of resources and revenues for the year from various sources, and the projects, operations, activities, and purchases proposed along with the costs thereof, and estimated amounts of all other proposed appropriations, is hereby approved and adopted. Page 2 of 2 SECTION 3: Appropriation of Funds. The sums below are hereby appropriated from the respective funds for the payment of expenditures on behalf of Prosper as established in the approved budget: General Fund $ 7,937,253 Water & Sewer Fund $ 6,456,283 Interest & Sinking Fund $ 2,336,808 Internal Service Fund $ 50,000 Storm Drainage Utility Fund $ 144,190 Parks and Recreation Fund $ 1,620,000 Impact Fees Fund $ 5,553,000 Special Revenue-Donation Fund $ 59,200 Capital Projects Fund $ 4,501,085 SECTION 4: Authority of Town Manager. Specific authority is hereby given to the Town Manager to transfer appropriations budgeted from one account classification or activity to another within any individual department or activity; and, to transfer appropriations from designated appropriations to any individual department or activity. SECTION 5: Savings/ Repealing Clause. All provisions of any ordinance in conflict with this Ordinance are hereby repealed; but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance. Any remaining portions of conflicting ordinances shall remain in full force and effect. SECTION 6: Severability. Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Prosper hereby declares that it would have passed this Ordinance, and each section, subsection, sentence, clause, or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses, or phrases be declared unconstitutional or invalid. SECTION 7: Effective Date. This Ordinance shall become effective from and after its adoption and publication as required by law. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS ON THIS 13th DAY OF SEPTEMBER, 2011 AT A MEETING WHICH WAS HELD IN STRICT ACCORDANCE WITH THE TEXAS OPEN MEETING ACT. _____________________________ RAY SMITH, Mayor ATTEST TO: _________________________________ AMY PIUKANA, TRMC Town Secretary Date of Publication _____________________________________________________ Prosper Press . glbase_bw16 mgarrett Town of Prosper Page 1 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4035-10-00 3% Construction Fee 75,000.00- 50,000.00 125,000.00- 125,000.00- 13,674.68- 14,000.00- 107,467.68- 10-4060-10-00 NSF Fees 50.00- 25.00- 25.00- 25.00- 125.00- 125.00- 75.00- 10-4061-10-00 Notary Fees 100.00- 100.00- 100.00- 136.00- 140.00- 139.00- 10-4105-10-00 Property Taxes -Delinquent 35,000.00- 35,000.00- 35,000.00- 32,957.70- 35,000.00- 80,910.99- 10-4110-10-00 Property Taxes -Current 3,875,354.00- 59,565.00- 3,815,789.00- 3,815,789.00- 3,796,026.57- 3,815,789.00- 3,224,945.70- 10-4115-10-00 Taxes -Penalties 30,000.00- 30,000.00- 30,000.00- 26,920.29- 30,000.00- 45,983.16- 10-4120-10-00 Sales Taxes 1,130,000.00- 30,000.00- 1,100,000.00- 1,100,000.00- 1,005,365.32- 1,130,000.00- 1,303,744.06- 10-4130-10-00 Sales Tax-Mixed Beverage 3,500.00- 3,500.00- 3,500.00- 3,751.84- 3,750.00- 5,006.35- 10-4140-10-00 Franchise Taxes - Electric 240,000.00- 15,000.00- 225,000.00- 225,000.00- 227,954.78- 240,000.00- 244,361.97- 10-4150-10-00 Franchise Taxes - Telephone 52,000.00- 16,000.00- 36,000.00- 36,000.00- 64,474.22- 64,500.00- 41,172.40- 10-4160-10-00 Franchise Taxes - Gas 55,000.00- 7,000.00- 48,000.00- 48,000.00- 53,602.79- 55,000.00- 43,086.57- 10-4190-10-00 Franchise Fee-Cable 18,550.00- 18,550.00- 18,550.00- 14,386.68- 18,550.00- 19,591.14- 10-4200-10-00 T-Mobile Fees 48,700.00- 28,000.00- 20,700.00- 20,700.00- 20,700.00- 25,700.00- 20,700.00- 10-4201-10-00 Tierone Converged Network 18,000.00- 18,000.00- 18,000.00- 13,500.00- 18,000.00- 11,500.00- 10-4202-10-00 NTTA Tag Sales 150.00- 50.00 200.00- 200.00- 160.00- 200.00- 405.00- 10-4205-10-00 Internet America 18,000.00- 18,000.00- 18,000.00- 18,000.00- 18,000.00- 18,000.00- 10-4218-10-00 Administrative Fees-EDC 14,400.00- 14,400.00- 14,400.00- 14,400.00- 14,400.00- 8,000.00- 10-4610-10-00 Interest Income 75,000.00- 25,000.00- 50,000.00- 50,000.00- 59,414.29- 66,000.00- 112,861.33- 10-4910-10-00 Other Revenue 20,000.00- 20,000.00- 71,603.80- 71,600.00- 20,106.43- 10-4995-10-00 Transfer In 586,710.00- 157,310.00- 429,400.00- 429,400.00- 429,400.00- 429,400.00- 343,123.00- Subtotal: 6,295,514.00- 307,850.00- 5,987,664.00- 5,987,664.00- 5,866,553.96- 6,050,154.00- 5,651,179.78- Program number: 6,295,514.00- 307,850.00- 5,987,664.00- 5,987,664.00- 5,866,553.96- 6,050,154.00- 5,651,179.78- Department number: Administrative 6,295,514.00- 307,850.00- 5,987,664.00- 5,987,664.00- 5,866,553.96- 6,050,154.00- 5,651,179.78- . glbase_bw16 mgarrett Town of Prosper Page 2 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 20 Police Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4230-20-00 Other Permits 150.00 150.00- 150.00- 25.00- 10-4440-20-00 Accident Reports 255.00- 255.00- 255.00- 507.00- 510.00- 328.00- 10-4450-20-00 Alarm Fee 11,250.00- 11,250.00- 11,250.00- 13,853.00- 14,000.00- 14,355.00- 10-4510-20-00 Grants 1,198.43- 1,200.00- 10-4910-20-00 Other Revenue 110.00 110.00- 110.00- 5,366.00- 5,500.00- 422.50- 10-4920-20-00 Lease / Purchase Proceeds 37,206.47- Subtotal: 11,505.00- 260.00 11,765.00- 11,765.00- 20,924.43- 21,210.00- 52,336.97- Program number: 11,505.00- 260.00 11,765.00- 11,765.00- 20,924.43- 21,210.00- 52,336.97- Department number: Police 11,505.00- 260.00 11,765.00- 11,765.00- 20,924.43- 21,210.00- 52,336.97- . glbase_bw16 mgarrett Town of Prosper Page 3 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 30 Fire/EMS Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4030-30-00 Miscellaneous 5,996.78- 6,000.00- 12,980.16- 10-4310-30-00 Charges for Services 177,000.00- 8,000.00 185,000.00- 185,000.00- 151,860.30- 160,000.00- 159,360.35- 10-4411-30-00 CC FIRE ASSOC 3,800.00- 1,395.00- 10-4510-30-00 Grants 113,989.00- 104,194.00 218,183.00- 218,183.00- 261,429.21- 265,612.00- 320,087.30- Subtotal: 290,989.00- 112,194.00 403,183.00- 403,183.00- 419,286.29- 435,412.00- 493,822.81- Program number: 290,989.00- 112,194.00 403,183.00- 403,183.00- 419,286.29- 435,412.00- 493,822.81- Department number: Fire/EMS 290,989.00- 112,194.00 403,183.00- 403,183.00- 419,286.29- 435,412.00- 493,822.81- . glbase_bw16 mgarrett Town of Prosper Page 4 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 35 Fire Marshall Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4315-35-00 Fire Review/Inspect Fees 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- Subtotal: 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- Program number: 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- Department number: Fire Marshall 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- . glbase_bw16 mgarrett Town of Prosper Page 5 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 45 Public Library Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4510-45-00 Grants 17,300.00- 1,300.00- 16,000.00- 16,000.00- 22,017.60- 22,020.00- 24,360.32- 10-4910-45-00 Other Revenue 6,000.00- 6,000.00- 6,000.00- 1,125.00- 1,500.00- 873.53- Subtotal: 23,300.00- 1,300.00- 22,000.00- 22,000.00- 23,142.60- 23,520.00- 25,233.85- Program number: 23,300.00- 1,300.00- 22,000.00- 22,000.00- 23,142.60- 23,520.00- 25,233.85- Department number: Public Library 23,300.00- 1,300.00- 22,000.00- 22,000.00- 23,142.60- 23,520.00- 25,233.85- . glbase_bw16 mgarrett Town of Prosper Page 6 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4056-60-00 Field Rental Fees 5,700.00- 5,700.00- 2,962.50- 3,000.00- 10-4910-60-00 Other Revenue 250.00- 250.00- 322.15- 350.00- 50.00- Subtotal: 5,950.00- 5,950.00- 3,284.65- 3,350.00- 50.00- Program number: 5,950.00- 5,950.00- 3,284.65- 3,350.00- 50.00- Department number: Parks and Recreation 5,950.00- 5,950.00- 3,284.65- 3,350.00- 50.00- . glbase_bw16 mgarrett Town of Prosper Page 7 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 70 Municipal Court Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4030-70-00 Miscellaneous 7.00- 7.00- 10-4410-70-00 Fines 220,000.00- 220,000.00- 220,000.00- 210,459.62- 220,000.00- 214,472.78- 10-4610-70-00 Interest Income 500.00- 500.00- 500.00- 182.00- 225.00- 945.38- Subtotal: 220,500.00- 220,500.00- 220,500.00- 210,648.62- 220,232.00- 215,418.16- Program number: 220,500.00- 220,500.00- 220,500.00- 210,648.62- 220,232.00- 215,418.16- Department number: Municipal Court 220,500.00- 220,500.00- 220,500.00- 210,648.62- 220,232.00- 215,418.16- . glbase_bw16 mgarrett Town of Prosper Page 8 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 80 Inspections Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4011-80-00 Permit Application Fee 30.00- 30.00- 10-4013-80-00 Permit Expiration Fee 2,755.00- 2,760.00- 949.40- 10-4017-80-00 Registration Fee 10,000.00- 10,000.00- 14,460.00- 14,500.00- 10-4210-80-00 Building Permits 934,900.00- 609,900.00- 325,000.00- 325,000.00- 461,489.34- 462,000.00- 396,039.28- 10-4230-80-00 Other Permits 80,000.00- 20,000.00- 60,000.00- 60,000.00- 125,492.40- 126,000.00- 85,675.86- 10-4240-80-00 Plumb/Elect/Mech Permits 2,000.00- 2,000.00- 2,000.00- 9,159.80- 9,200.00- 2,430.00- 10-4242-80-00 Re-inspection Fees 8,000.00- 4,500.00 12,500.00- 12,500.00- 7,900.00- 7,900.00- 16,750.00- 10-4245-80-00 Health Inspections 250.00- 250.00- 350.00- 10-4910-80-00 Other Revenue 30,000.00- 30,000.00- 30,000.00- 61,040.85- 61,050.00- 35,453.62- Subtotal: 1,064,900.00- 635,400.00- 429,500.00- 429,500.00- 682,577.39- 683,690.00- 537,648.16- Program number: 1,064,900.00- 635,400.00- 429,500.00- 429,500.00- 682,577.39- 683,690.00- 537,648.16- Department number: Inspections 1,064,900.00- 635,400.00- 429,500.00- 429,500.00- 682,577.39- 683,690.00- 537,648.16- . glbase_bw16 mgarrett Town of Prosper Page 9 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 85 Code Enforcement Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4245-85-00 Health Inspections 10,000.00- 10,000.00- 10,000.00- 8,025.00- 9,000.00- 12,075.00- 10-4910-85-00 Other Revenue 750.00- 750.00- Subtotal: 10,000.00- 10,000.00- 10,000.00- 8,775.00- 9,750.00- 12,075.00- Program number: 10,000.00- 10,000.00- 10,000.00- 8,775.00- 9,750.00- 12,075.00- Department number: Code Enforcement 10,000.00- 10,000.00- 10,000.00- 8,775.00- 9,750.00- 12,075.00- . glbase_bw16 mgarrett Town of Prosper Page 10 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 90 Planning Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4220-90-00 Zoning Permits 10,000.00- 5,000.00 15,000.00- 15,000.00- 9,265.60- 9,500.00- 26,017.01- 10-4225-90-00 Plat Fees 15,000.00- 5,000.00- 10,000.00- 10,000.00- 34,095.31- 34,100.00- 10,282.96- 10-4910-90-00 Other Revenue 329.53- 330.00- 478.00- Subtotal: 25,000.00- 25,000.00- 25,000.00- 43,690.44- 43,930.00- 36,777.97- Program number: 25,000.00- 25,000.00- 25,000.00- 43,690.44- 43,930.00- 36,777.97- Department number: Planning 25,000.00- 25,000.00- 25,000.00- 43,690.44- 43,930.00- 36,777.97- Revenue Subtotal ------- 7,953,158.00- 838,046.00- 7,115,112.00- 7,115,112.00- 7,283,358.38- 7,496,248.00- 7,033,742.70- . glbase_bw16 mgarrett Town of Prosper Page 11 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-10-00 Salaries & Wages 541,000.00 59,350.00 481,650.00 481,650.00 431,133.24 472,000.00 422,624.41 10-5115-10-00 Salaries - Overtime 6,000.00 2,000.00 4,000.00 4,000.00 7,760.60 7,800.00 7,201.57 10-5125-10-00 Salaries-Sick Time Buy-Out 4,050.00 4,050.00 10-5126-10-00 Salaries-Vacation Buy-Out 15,350.00 6,450.00 8,900.00 8,900.00 16,471.50 16,472.00 3,984.61 10-5140-10-00 Salaries - Longevity Pay 1,540.00 65.00 1,475.00 1,475.00 1,235.00 1,235.00 935.00 10-5141-10-00 Salaries - Incentive 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 17,164.13 10-5145-10-00 Social Security Expense 29,400.00 3,280.00 26,120.00 26,120.00 23,650.34 25,500.00 22,719.71 10-5150-10-00 Medicare Expense 8,150.00 1,050.00 7,100.00 7,100.00 6,286.75 7,120.00 5,970.44 10-5155-10-00 SUTA Expense 2,100.00 920.00 1,180.00 1,180.00 662.04 1,100.00 1,059.68 10-5160-10-00 Health Insurance 25,250.00 4,125.00 21,125.00 21,125.00 19,847.02 22,410.00 18,281.15 10-5165-10-00 Dental Insurance 1,725.00 25.00 1,700.00 1,700.00 1,874.10 2,020.00 1,636.37 10-5170-10-00 Life Insurance/AD&D 700.00 180.00 520.00 520.00 604.19 800.00 575.43 10-5175-10-00 Liability (TML) Workers' Comp 1,400.00 200.00- 1,600.00 1,600.00 973.92 1,100.00 1,789.36 10-5176-10-00 TML Prop. & Liab. Insurance 70,000.00 10,000.00 60,000.00 60,000.00 49,469.63 52,000.00 48,952.26 10-5180-10-00 TMRS Expense 54,225.00 2,855.00 51,370.00 51,370.00 45,234.97 50,200.00 44,746.95 10-5185-10-00 Long Term/Short Term Disabilit 2,070.00 455.00- 2,525.00 2,525.00 1,710.24 2,000.00 1,674.32 10-5186-10-00 WELLE-Wellness Prog Reimb Empl 250.00 250.00 80.00 180.00 10-5190-10-00 Contract Labor 4,500.00 500.00 4,000.00 4,000.00 14,112.37 14,700.00 4,566.22 10-5191-10-00 Hiring Cost 400.00 400.00 40.00 40.00 40.00 10-5193-10-00 Records Retention 1,000.00 1,000.00 1,000.00 1,000.00 10-5210-10-00 Office Supplies 5,000.00 5,000.00 5,000.00 4,967.55 7,000.00 6,685.34 10-5212-10-00 Building Supplies 1,500.00 1,500.00 1,500.00 2,126.04 2,300.00 5,755.78 10-5220-10-00 Office Equipment 1,500.00 1,220.00- 2,720.00 2,720.00 701.65 1,200.00 2,298.37 10-5230-10-00 Dues,Fees,& Subscriptions 10,000.00 1,400.00 8,600.00 8,600.00 12,079.08 12,200.00 9,884.12 10-5240-10-00 Postage and Delivery 3,000.00 3,000.00 3,000.00 1,967.65 2,500.00 2,504.84 10-5250-10-00 Publications 500.00 500.00 500.00 146.45 250.00 336.08 10-5260-10-00 Advertising 300.00 300.00 300.00 375.00 375.00 660.00 10-5270-10-00 Bank Charges 50.00 50.00 50.00 90.00 50.00 180.00 10-5280-10-00 Printing and Reproduction 2,000.00 1,520.00 480.00 21,000.00 2,617.89 4,000.00 2,096.32 10-5310-10-00 Rental Expense 2,000.00 450.00 1,550.00 1,550.00 1,595.40 1,596.00 1,440.00 10-5325-10-00 Copier Lease 23,184.20 24,500.00 12,141.15 10-5330-10-00 Copier Expense 25,000.00 4,480.00 20,520.00 585.00 650.00 21.75 10-5340-10-00 Building Repairs 2,500.00 1,500.00 1,000.00 1,000.00 6,442.93 9,000.00 595.00 10-5410-10-00 Professional Services 65,000.00 35,000.00 30,000.00 30,000.00 56,938.27 60,000.00 79,577.81 10-5412-10-00 Audit Fees 45,000.00 10,000.00 35,000.00 35,000.00 29,800.00 32,000.00 28,300.00 10-5414-10-00 Appraisal / Tax Fees 50,000.00 2,000.00 48,000.00 48,000.00 43,639.38 45,000.00 38,994.98 10-5418-10-00 IT Fees 126,000.00 51,000.00 75,000.00 75,000.00 121,252.27 145,000.00 74,455.35 10-5419-10-00 IT Licenses 3,972.39 4,000.00 10-5430-10-00 Legal Fees 20,000.00 5,000.00 15,000.00 15,000.00 57,060.57 60,000.00 13,275.91 10-5435-10-00 Legal Notices/Filings 8,500.00 8,500.00 8,500.00 11,234.65 12,500.00 8,483.20 10-5460-10-00 Election Expense 6,000.00 4,000.00- 10,000.00 10,000.00 24,732.32 25,000.00 7,170.00 10-5480-10-00 Contracted Services 8,000.00 12,000.00- 20,000.00 20,000.00 5,821.41 8,000.00 5,781.10 10-5520-10-00 Telephones 18,000.00 300.00 17,700.00 17,700.00 13,439.30 17,700.00 14,203.03 . glbase_bw16 mgarrett Town of Prosper Page 12 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5521-10-00 Cell Phone Expense 6,000.00 6,000.00 6,000.00 3,296.86 4,500.00 5,711.89 10-5524-10-00 Gas-Building 500.00 500.00 500.00 178.80 500.00 10-5525-10-00 Electricity 10,000.00 1,000.00- 11,000.00 11,000.00 6,858.55 9,000.00 7,255.08 10-5526-10-00 Data Network 25,200.00 25,200.00 25,200.00 20,887.98 25,200.00 16,137.41 10-5530-10-00 Travel/Lodging/Meals Expense 8,000.00 4,600.00 3,400.00 3,400.00 9,104.65 10,000.00 8,543.84 10-5532-10-00 Entertainment 750.00 750.00 750.00 749.95 750.00 313.00 10-5533-10-00 Mileage Expense 4,000.00 440.00 3,560.00 3,560.00 3,888.75 4,500.00 4,025.46 10-5536-10-00 Training/Seminars 40,000.00 15,000.00- 55,000.00 55,000.00 57,657.97 58,000.00 64,538.51 10-5538-10-00 Training/Seminars-Public Offic 10,000.00 10,000.00 10,000.00 5,713.68 7,000.00 14,741.76 10-5600-10-00 Special Events 20,000.00 2,000.00 18,000.00 18,000.00 19,796.65 20,000.00 13,513.11 10-6110-10-00 Capital Expenditure 15,934.00- 15,934.00 11,100.00 11,631.10 11,100.00 10-6140-10-00 Capital Expenditure - Equipmen 35,000.00 8,900.00 26,100.00 26,100.00 36,674.07 19,100.00 12,802.06 10-7000-10-00 Contingency 58,393.00- 58,393.00 63,227.00 10-7143-10-00 Transfer to Internal Serv. Fd 17,000.00 13,240.00- 30,240.00 30,240.00 30,240.00 30,240.00 10-7144-10-00 Transfer to Capital Proj Fund 1,144,188.04- Subtotal: 1,351,410.00 102,648.00 1,248,762.00 1,248,762.00 1,228,354.32 1,358,388.00 47,604.18- Program number: 1,351,410.00 102,648.00 1,248,762.00 1,248,762.00 1,228,354.32 1,358,388.00 47,604.18- Department number: Administrative 1,351,410.00 102,648.00 1,248,762.00 1,248,762.00 1,228,354.32 1,358,388.00 47,604.18- . glbase_bw16 mgarrett Town of Prosper Page 13 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 20 Police Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-20-00 Salaries & Wages 718,000.00 90,350.00 627,650.00 627,650.00 566,560.53 616,400.00 542,631.60 10-5115-20-00 Salaries - Overtime 35,000.00 3,000.00 32,000.00 32,000.00 25,349.99 35,000.00 25,819.51 10-5125-20-00 Salaries-Sick Time Buy-Out 3,608.40 3,609.00 10-5126-20-00 Salaries-Vacation Buy-Out 5,920.00 5,080.00- 11,000.00 11,000.00 23,899.34 23,900.00 6,293.94 10-5127-20-00 Salaries-Certification Pay 10,000.00 5,600.00- 15,600.00 15,600.00 8,631.04 10,000.00 10-5140-20-00 Salaries - Longevity Pay 3,135.00 135.00 3,000.00 3,000.00 2,930.00 2,930.00 2,390.00 10-5141-20-00 Salaries - Incentive 13,600.00 10-5145-20-00 Social Security Expense 48,500.00 8,150.00 40,350.00 40,350.00 38,482.24 42,000.00 36,499.52 10-5150-20-00 Medicare Expense 11,350.00 1,900.00 9,450.00 9,450.00 8,999.89 9,825.00 8,227.45 10-5155-20-00 SUTA Expense 3,240.00 1,240.00 2,000.00 2,000.00 879.90 1,300.00 1,900.61 10-5160-20-00 Health Insurance 52,700.00 10,400.00 42,300.00 42,300.00 37,751.88 43,300.00 38,705.84 10-5165-20-00 Dental Insurance 3,600.00 200.00 3,400.00 3,400.00 3,121.01 3,425.00 2,992.37 10-5170-20-00 Life Insurance/AD&D 3,600.00 300.00 3,300.00 3,300.00 3,053.59 3,400.00 3,244.43 10-5175-20-00 Liability (TML) Workers' Comp 19,000.00 3,230.00- 22,230.00 22,230.00 14,798.62 16,500.00 17,191.00 10-5180-20-00 TMRS Expense 78,250.00 9,925.00 68,325.00 68,325.00 63,105.92 68,600.00 59,155.43 10-5185-20-00 Long Term/Short Term Disabilit 4,320.00 730.00- 5,050.00 5,050.00 2,607.36 3,500.00 2,559.58 10-5186-20-00 WELLE-Wellness Prog Reimb Empl 600.00 600.00 80.00 180.00 10-5190-20-00 Contract Labor 4,000.00 1,000.00 3,000.00 3,000.00 3,830.00 3,950.00 3,003.00 10-5191-20-00 Hiring Cost 750.00 550.00- 1,300.00 1,300.00 697.00 1,000.00 440.00 10-5192-20-00 Physical & Psychological 750.00 230.00 520.00 520.00 250.00 500.00 400.00 10-5210-20-00 Office Supplies 9,000.00 1,500.00- 10,500.00 10,500.00 6,588.38 9,500.00 6,138.52 10-5212-20-00 Building Supplies 2,500.00 500.00 2,000.00 2,000.00 1,374.10 2,500.00 2,454.34 10-5214-20-00 Tactical Supplies 1,500.00 2,000.00- 3,500.00 3,500.00 1,746.94 3,000.00 990.95 10-5215-20-00 Ammunition 2,000.00 1,000.00- 3,000.00 3,000.00 2,910.74 3,000.00 2,569.73 10-5220-20-00 Office Equipment 570.00 10-5230-20-00 Dues,Fees,& Subscriptions 1,200.00 200.00 1,000.00 1,000.00 2,004.89 2,100.00 1,306.33 10-5240-20-00 Postage and Delivery 450.00 50.00- 500.00 500.00 420.99 450.00 106.78 10-5250-20-00 Publications 500.00 200.00- 700.00 700.00 250.00 655.07 10-5260-20-00 Advertising 250.00 250.00 250.00 150.00 10-5265-20-00 Promotional Expense 500.00 500.00 500.00 225.00 450.00 24.69 10-5280-20-00 Printing and Reproduction 500.00 500.00 500.00 302.20 500.00 426.68 10-5310-20-00 Rental Expense 3,300.00 600.00 2,700.00 2,700.00 2,962.20 3,000.00 2,700.00 10-5320-20-00 Repairs & Maintenance 750.00 250.00- 1,000.00 1,000.00 195.17 750.00 874.00 10-5325-20-00 Copier Lease 6,209.61 10-5335-20-00 Radio/Video Repairs 3,000.00 1,000.00- 4,000.00 4,000.00 531.90 2,500.00 572.75 10-5340-20-00 Building Repairs 1,000.00 500.00 500.00 500.00 1,391.06 1,400.00 11.97 10-5350-20-00 Vehicle Expense 28,000.00 8,000.00 20,000.00 20,000.00 26,882.46 28,000.00 26,955.90 10-5352-20-00 Fuel 40,000.00 5,000.00- 45,000.00 45,000.00 44,906.37 52,000.00 41,187.36 10-5353-20-00 Oil/Grease/Inspections 1,500.00 2,700.00- 4,200.00 4,200.00 670.81 1,000.00 1,957.45 10-5400-20-00 Uniform Expense 9,000.00 1,000.00 8,000.00 8,000.00 9,999.98 10,000.00 7,966.03 10-5410-20-00 Professional Services 750.00 250.00- 1,000.00 1,000.00 103.20 500.00 450.00 10-5418-20-00 IT Fees 4,000.00 6,000.00- 10,000.00 10,000.00 1,307.50 1,500.00 6,608.74 10-5430-20-00 Legal Fees 15,000.00 9,000.00 6,000.00 6,000.00 16,667.55 18,000.00 6,416.62 . glbase_bw16 mgarrett Town of Prosper Page 14 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 20 Police Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5480-20-00 Contracted Services 13,500.00 5,000.00 8,500.00 8,500.00 7,205.27 8,500.00 12,737.24 10-5520-20-00 Telephones 6,280.00 2,620.00- 8,900.00 8,900.00 5,767.29 6,280.00 7,936.72 10-5521-20-00 Cell Phone Expense 2,500.00 2,000.00- 4,500.00 4,500.00 2,391.31 2,600.00 5,202.33 10-5525-20-00 Electricity 8,000.00 200.00 7,800.00 7,800.00 8,940.80 9,500.00 8,163.69 10-5526-20-00 Data Network 4,700.00 4,700.00 4,700.00 5,606.20 7,000.00 1,481.61 10-5530-20-00 Travel/Lodging/Meals Expense 3,000.00 250.00 2,750.00 2,750.00 4,244.38 5,000.00 4,829.12 10-5533-20-00 Mileage Expense 400.00 200.00- 600.00 600.00 770.68 1,000.00 292.16 10-5536-20-00 Training/Seminars 16,350.00 16,350.00 16,350.00 13,515.42 16,000.00 13,170.16 10-5600-20-00 Special Events 2,000.00 2,000.00 2,000.00 2,003.44 2,005.00 2,851.03 10-5630-20-00 Safety Equipment 1,000.00 1,990.00- 2,990.00 2,990.00 762.70 2,000.00 1,816.24 10-5640-20-00 Signs & Hardware 500.00 1,000.00- 1,500.00 1,500.00 500.00 10-6110-20-00 Capital Expenditure 12,800.00- 12,800.00 12,800.00 12,812.38 11,900.00 10-6140-20-00 Capital Expenditure - Equipmen 4,000.00 16,200.00- 20,200.00 20,200.00 4,000.00 4,000.00 11,949.02 10-6160-20-00 Capital Expenditure - Vehicles 20,700.00 49,535.00- 70,235.00 70,235.00 65,001.78 103,000.00 80,700.37 Subtotal: 1,210,345.00 31,195.00 1,179,150.00 1,179,150.00 1,062,849.80 1,209,154.00 1,033,337.49 Program number: 1,210,345.00 31,195.00 1,179,150.00 1,179,150.00 1,062,849.80 1,209,154.00 1,033,337.49 Department number: Police 1,210,345.00 31,195.00 1,179,150.00 1,179,150.00 1,062,849.80 1,209,154.00 1,033,337.49 . glbase_bw16 mgarrett Town of Prosper Page 15 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 25 Dispatch Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-25-00 Salaries & Wages 293,000.00 38,100.00 254,900.00 254,900.00 196,836.75 220,675.00 199,334.25 10-5115-25-00 Salaries - Overtime 15,000.00 5,000.00 10,000.00 10,000.00 19,718.32 20,250.00 20,277.23 10-5125-25-00 Salaries - Sick 4,170.23 4,170.00 10-5126-25-00 Salaries-Vacation Buy-Out 4,300.00- 4,300.00 4,300.00 9,043.61 9,050.00 1,079.00 10-5127-25-00 Salaries-Certification Pay 500.00 500.00 858.42 1,000.00 10-5140-25-00 Salaries - Longevity Pay 515.00 250.00 265.00 265.00 10-5141-25-00 Salaries - Bonus 3,000.00 10-5145-25-00 Social Security Expense 19,250.00 3,050.00 16,200.00 16,200.00 13,892.20 15,500.00 13,530.53 10-5150-25-00 Medicare Expense 4,620.00 840.00 3,780.00 3,780.00 3,248.99 3,620.00 3,164.42 10-5155-25-00 SUTA Expense 1,890.00 590.00 1,300.00 1,300.00 611.48 1,010.00 1,405.21 10-5160-25-00 Health Insurance 30,394.00 2,894.00 27,500.00 27,500.00 19,647.75 24,100.00 21,439.32 10-5165-25-00 Dental Insurance 2,250.00 50.00 2,200.00 2,200.00 1,591.89 1,920.00 1,649.44 10-5170-25-00 Life Insurance 660.00 15.00- 675.00 675.00 478.77 600.00 544.99 10-5175-25-00 Liability (TML) Workers' Comp 750.00 50.00 700.00 700.00 503.38 650.00 531.72 10-5180-25-00 TMRS Expense 31,820.00 4,420.00 27,400.00 27,400.00 22,643.24 25,500.00 21,827.82 10-5185-25-00 Long Term/Short Term Disabilit 2,760.00 540.00- 3,300.00 3,300.00 863.29 1,500.00 849.49 10-5186-25-00 WELLE-Wellness Prog Reimb Empl 350.00 350.00 80.00 180.00 10-5191-25-00 Hiring Cost 300.00 50.00 250.00 250.00 502.95 650.00 305.00 10-5192-25-00 Physical & Psychological 300.00 600.00- 900.00 900.00 445.00 500.00 10-5210-25-00 Supplies 1,000.00 2,000.00- 3,000.00 3,000.00 383.25 500.00 2,023.11 10-5212-25-00 Building Supplies 750.00 250.00 500.00 500.00 998.42 1,200.00 970.45 10-5220-25-00 Office Equipment 500.00- 500.00 500.00 505.64 10-5230-25-00 Dues,Fees,& Subscriptions 750.00 750.00 750.00 882.55 1,100.00 709.05 10-5240-25-00 Postage and Delivery 100.00 100.00- 200.00 200.00 5.54 25.00 10-5250-25-00 Publications 100.00 100.00- 200.00 200.00 10-5280-25-00 Printing and Reproduction 100.00 100.00- 200.00 200.00 50.00 74.05 10-5320-25-00 Repairs & Maintenance 500.00 500.00 500.00 910.90 1,000.00 428.00 10-5340-25-00 Building Repairs 750.00 500.00 250.00 250.00 758.00 760.00 10-5352-25-00 Fuel 250.00 150.00 100.00 100.00 40.08 100.00 50.06 10-5400-25-00 Uniform Expense 1,500.00 1,500.00 1,500.00 617.30 1,200.00 1,718.01 10-5418-25-00 IT Fees 15,000.00 77,875.00- 92,875.00 92,875.00 35,896.78 75,000.00 1,272.50 10-5430-25-00 Legal Fees 7,500.00 7,500.00 5,287.26 7,500.00 4,736.94 10-5450-25-00 Dispatch Expense 18,615.86 10-5480-25-00 Contracted Services 166,324.00 166,324.00 6,143.03 6,200.00 10-5520-25-00 Telephones 2,000.00- 2,000.00 2,000.00 485.54 10-5521-25-00 Cell Phone Expense 600.00 600.00 600.00 637.93 750.00 576.47 10-5524-25-00 Gas-Building 500.00 500.00- 1,000.00 1,000.00 160.90 250.00 248.19 10-5525-25-00 Electricity 4,500.00- 4,500.00 4,500.00 631.96 10-5526-25-00 Data Network 4,600.00 4,600.00 4,600.00 4,106.28 4,600.00 3,581.81 10-5530-25-00 Travel/Lodging/Meals Expense 1,500.00 500.00- 2,000.00 2,000.00 37.32 500.00 2,130.08 10-5533-25-00 Mileage Expense 250.00 250.00 250.00 936.87 50.00 50.58 10-5536-25-00 Training/Seminars 6,000.00 6,000.00 6,000.00 4,449.52 4,500.00 852.00 10-5600-25-00 Special Events 100.00- 100.00 100.00 100.00 103.33 . glbase_bw16 mgarrett Town of Prosper Page 16 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 25 Dispatch Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Subtotal: 612,433.00 137,138.00 475,295.00 475,295.00 357,388.20 436,260.00 328,702.05 Program number: 612,433.00 137,138.00 475,295.00 475,295.00 357,388.20 436,260.00 328,702.05 Department number: Dispatch Department 612,433.00 137,138.00 475,295.00 475,295.00 357,388.20 436,260.00 328,702.05 . glbase_bw16 mgarrett Town of Prosper Page 17 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 30 Fire/EMS Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-30-00 Salaries & Wages 1,055,000.00 11,500.00- 1,066,500.00 1,066,500.00 972,309.32 1,050,000.00 1,036,649.37 10-5115-30-00 Salaries - Overtime 250,000.00 60,000.00 190,000.00 190,000.00 243,623.33 264,810.00 204,486.73 10-5125-30-00 Salaries-Sick Time Buy-Out 4,888.80 4,889.00 10-5126-30-00 Salaries-Vacation Buy-Out 6,220.00 13,480.00- 19,700.00 19,700.00 19,288.47 19,290.00 3,065.10 10-5127-30-00 Salaries-Certification Pay 16,500.00 900.00 15,600.00 15,600.00 5,280.16 6,500.00 10-5140-30-00 Salaries - Longevity Pay 5,515.00 785.00 4,730.00 4,730.00 4,945.00 4,945.00 4,065.00 10-5141-30-00 Salaries - Incentive 24,750.00 10-5145-30-00 Social Security Expense 84,500.00 500.00- 85,000.00 85,000.00 75,295.01 83,000.00 78,550.60 10-5150-30-00 Medicare Expense 20,100.00 1,100.00 19,000.00 19,000.00 17,609.33 19,350.00 17,696.24 10-5155-30-00 SUTA Expense 7,830.00 2,530.00 5,300.00 5,300.00 1,996.34 2,400.00 4,540.47 10-5160-30-00 Health Insurance 78,850.00 6,450.00 72,400.00 72,400.00 64,747.96 74,200.00 68,709.72 10-5165-30-00 Dental Insurance 5,475.00 325.00- 5,800.00 5,800.00 5,304.15 5,900.00 5,616.72 10-5170-30-00 Life Insurance/AD&D 5,670.00 330.00- 6,000.00 6,000.00 5,280.00 5,800.00 6,230.00 10-5171-30-00 Life Insurance-Supplemental 7,000.00 1,700.00- 8,700.00 8,700.00 6,770.00 6,800.00 6,770.00 10-5175-30-00 Liability (TML) Workers Comp 25,000.00 25,000.00 25,000.00 23,108.15 31,994.00 28,658.20 10-5180-30-00 TMRS Expense 127,700.00 3,350.00- 131,050.00 131,050.00 114,942.06 126,000.00 116,595.68 10-5185-30-00 Long Term/Short Term Disabilit 6,600.00 2,050.00- 8,650.00 8,650.00 4,025.47 5,200.00 4,354.56 10-5186-30-00 WELLE-Wellness Prog Reimb Empl 900.00 900.00 10-5190-30-00 Contract Labor 1,100.00 1,100.00 1,100.00 540.00 550.00 720.00 10-5191-30-00 Hiring Cost 800.00 300.00 500.00 500.00 1,124.50 1,300.00 438.40 10-5194-30-00 FD Annual Phy & Screening 16,000.00 4,000.00 12,000.00 12,000.00 12,543.00 15,437.00 8,049.76 10-5210-30-00 Office Supplies 3,500.00 3,500.00 3,500.00 1,834.76 2,500.00 3,886.01 10-5212-30-00 Building Supplies 4,000.00 4,000.00 4,000.00 3,112.66 4,770.00 2,888.19 10-5220-30-00 Office Equipment 600.00 600.00 600.00 2,242.77 2,500.00 219.64 10-5230-30-00 Dues,Fees,& Subscriptions 2,760.00 760.00 2,000.00 2,000.00 1,470.00 2,289.00 1,020.50 10-5240-30-00 Postage and Delivery 250.00 250.00 250.00 155.45 227.00 572.71 10-5250-30-00 Publications 350.00 350.00 350.00 350.00 302.35 10-5280-30-00 Printing and Reproduction 500.00 500.00 500.00 165.05 283.00 152.15 10-5320-30-00 Repairs & Maintenance 5,000.00 5,000.00 5,000.00 3,723.05 4,688.00 6,192.84 10-5335-30-00 Radio/Video Repairs 20,000.00 20,000.00 20,000.00 4,187.94 15,000.00 21,657.63 10-5340-30-00 Building Repairs 6,500.00 6,500.00 6,500.00 8,600.76 8,800.00 8,858.41 10-5350-30-00 Vehicle Expense 25,000.00 5,000.00 20,000.00 20,000.00 22,725.06 30,000.00 19,192.89 10-5352-30-00 Fuel 38,613.00 18,613.00 20,000.00 20,000.00 30,946.54 38,613.00 23,480.95 10-5353-30-00 Oil/Grease/Inspections 5,000.00 5,000.00 5,000.00 78.22 2,500.00 454.16 10-5400-30-00 Uniform Expense 20,000.00 20,000.00 20,000.00 18,625.20 20,000.00 17,691.17 10-5410-30-00 Professional Services 15,000.00 15,000.00 300.00 10-5418-30-00 IT Fees 3,720.00 3,720.00 2,170.00 3,720.00 10,975.65 10-5419-30-00 IT Licenses 21.60 25.00 10-5430-30-00 Legal Fees 147.50 10-5440-30-00 EMS 74,000.00 74,000.00 74,000.00 41,309.72 74,000.00 68,643.90 10-5450-30-00 Dispatch Expense 1,184.59 10-5480-30-00 Contracted Services 10,000.00 10,000.00 10,000.00 8,374.89 8,634.00 6,160.00 10-5520-30-00 Telephones 14,498.00 1,998.00 12,500.00 12,500.00 11,431.89 14,498.00 13,349.10 . glbase_bw16 mgarrett Town of Prosper Page 18 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 30 Fire/EMS Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5521-30-00 Cell Phone Expense 8,000.00 8,000.00 8,000.00 5,678.20 6,436.00 5,963.55 10-5522-30-00 Pagers 250.00 2,250.00- 2,500.00 2,500.00 2,828.32 10-5524-30-00 Gas - Building 7,000.00 7,000.00 7,000.00 3,369.42 4,935.00 4,587.93 10-5525-30-00 Electricity 19,000.00 19,000.00 19,000.00 18,482.33 19,000.00 19,806.68 10-5526-30-00 Data Network 12,442.00 4,542.00 7,900.00 7,900.00 11,158.43 12,442.00 6,081.62 10-5530-30-00 Travel/Lodging/Meals Expense 2,000.00 2,000.00 2,000.00 2,191.32 3,757.00 1,803.74 10-5533-30-00 Mileage Expense 1,500.00 1,500.00 1,500.00 376.05 645.00 447.78 10-5536-30-00 Training/Seminars 15,000.00 15,000.00 15,000.00 13,221.17 15,000.00 14,887.22 10-5610-30-00 Fire Fighting Equipment 18,000.00 18,000.00 18,000.00 5,336.59 15,000.00 18,421.03 10-5630-30-00 Safety Equipment 25,000.00 25,000.00 25,000.00 11,907.62 22,000.00 28,571.91 10-6110-30-00 Capital Expenditure 8,429.01 4,507.00 10-6140-30-00 Capital Expenditure - Equipmen 7,000.00 7,000.00 7,000.00 1,500.00 5,000.00 25,185.33 10-6160-30-00 Capital Expenditure - Vehicles 35,000.00- 35,000.00 35,000.00 35,000.00 35,000.00 Subtotal: 2,085,243.00 56,113.00 2,029,130.00 2,029,130.00 1,861,446.75 2,100,977.00 1,960,369.00 Program number: 2,085,243.00 56,113.00 2,029,130.00 2,029,130.00 1,861,446.75 2,100,977.00 1,960,369.00 Department number: Fire/EMS 2,085,243.00 56,113.00 2,029,130.00 2,029,130.00 1,861,446.75 2,100,977.00 1,960,369.00 . glbase_bw16 mgarrett Town of Prosper Page 19 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 35 Fire Marshall Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-35-00 Salaries & Wages 78,100.00 2,075.00 76,025.00 76,025.00 70,176.00 76,025.00 74,235.20 10-5115-35-00 Salaries - Overtime 1,500.00 730.00 770.00 770.00 2,946.65 3,000.00 1,637.07 10-5126-35-00 Salaries-Vacation Buy-Out 1,500.00 40.00 1,460.00 1,460.00 10-5140-35-00 Salaries - Longevity Pay 450.00 60.00 390.00 390.00 390.00 390.00 330.00 10-5141-35-00 Salaries - Incentive 1,600.00 10-5145-35-00 Social Security Expense 5,200.00 300.00 4,900.00 4,900.00 4,265.52 4,700.00 4,520.79 10-5150-35-00 Medicare Expense 1,225.00 75.00 1,150.00 1,150.00 997.58 1,100.00 1,057.28 10-5155-35-00 SUTA Expense 270.00 80.00 190.00 190.00 72.00 75.00 189.00 10-5160-35-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,748.03 4,220.00 4,038.80 10-5165-35-00 Dental Insurance 300.00 30.00- 330.00 330.00 304.56 331.00 312.15 10-5170-35-00 Life Insurance/AD&D 315.00 215.00 100.00 100.00 302.50 350.00 343.75 10-5175-35-00 Liability (TML) Workers' Comp 1,500.00 20.00 1,480.00 1,480.00 1,039.45 1,225.00 1,030.80 10-5180-35-00 TMRS Expense 8,350.00 50.00 8,300.00 8,300.00 7,351.26 7,950.00 7,544.18 10-5185-35-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 334.80 390.00 346.08 10-5186-35-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 10-5193-35-00 Records Retention 250.00 250.00 250.00 250.00 230.97 10-5194-35-00 FD Annual Phy & Screening 650.00 650.00 650.00 650.00 1,173.50 10-5210-35-00 Supplies 300.00 200.00- 500.00 500.00 103.20 500.00 158.71 10-5220-35-00 Office Equipment 150.00 150.00 150.00 42.65 150.00 10-5230-35-00 Dues,Fees,& Subscriptions 400.00 400.00 400.00 320.00 400.00 422.88 10-5240-35-00 Postage and Delivery 60.00 60.00 60.00 25.08 60.00 112.81 10-5250-35-00 Publications 550.00 550.00 550.00 564.40 570.00 250.00 10-5280-35-00 Printing and Reproduction 500.00 500.00 500.00 348.73 500.00 10-5350-35-00 Vehicle Expense 1,953.00 1,453.00 500.00 500.00 2,464.37 2,500.00 466.46 10-5352-35-00 Fuel 1,500.00 500.00- 2,000.00 2,000.00 654.08 1,200.00 46.09 10-5353-35-00 Oil/Grease/Inspections 500.00 500.00 500.00 41.05- 100.00 264.24 10-5400-35-00 Uniform Expense 1,050.00 1,050.00 1,050.00 500.00 963.10 10-5418-35-00 IT Fees 200.00 200.00 200.00 100.00 10-5430-35-00 Legal Fees 63.00 10-5520-35-00 Telephones 900.00 900.00 900.00 412.00 10-5521-35-00 Cell Phone Expense 1,200.00 1,200.00 1,200.00 1,118.87 1,300.00 1,261.11 10-5530-35-00 Travel/Lodging/Meals Expense 500.00 500.00 500.00 49.09 500.00 10-5533-35-00 Mileage Expense 669.00 10-5536-35-00 Training/Seminars 3,200.00 3,200.00 3,200.00 1,668.87 3,200.00 2,810.00 10-5620-35-00 Tools & Equipment 150.00 150.00 150.00 95.70 150.00 63.72 10-5630-35-00 Safety Equipment 1,000.00 1,000.00 1,000.00 412.35 1,000.00 425.38 10-5640-35-00 Signs & Hardware 750.00 250.00 500.00 500.00 274.94 500.00 360.00 Subtotal: 119,273.00 4,918.00 114,355.00 114,355.00 100,029.63 113,886.00 107,338.07 Program number: 119,273.00 4,918.00 114,355.00 114,355.00 100,029.63 113,886.00 107,338.07 Department number: Fire Marshall 119,273.00 4,918.00 114,355.00 114,355.00 100,029.63 113,886.00 107,338.07 . glbase_bw16 mgarrett Town of Prosper Page 20 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 40 Streets Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-40-00 Salaries & Wages 75,800.00 4,800.00 71,000.00 71,000.00 65,589.54 71,000.00 68,618.72 10-5115-40-00 Salaries - Overtime 4,000.00 4,000.00 4,000.00 2,875.29 3,500.00 1,952.38 10-5126-40-00 Salaries-Vacation Buy-Out 570.00 805.00- 1,375.00 1,375.00 10-5140-40-00 Salaries - Longevity Pay 910.00 120.00 790.00 790.00 785.00 790.00 640.00 10-5141-40-00 Salaries - Incentive 3,600.00 10-5145-40-00 Social Security Expense 5,350.00 550.00 4,800.00 4,800.00 4,252.67 4,700.00 4,675.88 10-5150-40-00 Medicare Expense 1,260.00 140.00 1,120.00 1,120.00 994.58 1,100.00 1,055.16 10-5155-40-00 SUTA Expense 540.00 160.00 380.00 380.00 144.00 310.00 378.00 10-5160-40-00 Health Insurance 8,800.00 760.00 8,040.00 8,040.00 7,433.06 8,400.00 8,003.60 10-5165-40-00 Dental Insurance 600.00 50.00- 650.00 650.00 609.12 665.00 624.30 10-5170-40-00 Life Insurance/AD&D 189.00 11.00- 200.00 200.00 181.72 200.00 206.50 10-5175-40-00 Liability (TML) Workers Comp 4,820.00 220.00 4,600.00 4,600.00 3,505.67 4,100.00 4,343.00 10-5180-40-00 TMRS Expense 8,600.00 500.00 8,100.00 8,100.00 6,924.98 7,600.00 7,472.82 10-5185-40-00 Long Term/Short Term Disabilit 720.00 240.00- 960.00 960.00 314.51 500.00 330.94 10-5186-40-00 WELLE-Wellness Prog Reimb Empl 100.00 100.00 10-5191-40-00 Hiring Cost 50.00 50.00 50.00 10-5210-40-00 Office Supplies 400.00 300.00- 700.00 700.00 101.81 400.00 10-5220-40-00 Office Equipment 400.00 200.00- 600.00 600.00 300.00 10-5230-40-00 Dues,Fees,& Subscriptions 200.00 200.00 200.00 50.00 10-5250-40-00 Publications 50.00 50.00 50.00 10-5310-40-00 Rental Expense 2,500.00 2,500.00 2,500.00 1,757.92 2,500.00 372.06 10-5320-40-00 Repairs & Maintenance 3,500.00 3,500.00 3,500.00 10,507.42 11,000.00 15,244.74 10-5340-40-00 Building Repairs 2,500.00 2,500.00 2,500.00 237.26 1,000.00 437.54 10-5350-40-00 Vehicle Expense 3,500.00 2,100.00 1,400.00 1,400.00 3,108.08 3,500.00 982.94 10-5352-40-00 Fuel 6,000.00 200.00- 6,200.00 6,200.00 6,191.67 6,200.00 6,487.78 10-5353-40-00 Oil/Grease/Inspections 500.00 600.00- 1,100.00 1,100.00 200.00 14.50 10-5400-40-00 Uniform Expense 1,600.00 100.00 1,500.00 1,500.00 843.78 1,500.00 1,550.44 10-5430-40-00 Legal Fees 235.24 10-5480-40-00 Contracted Services 30,000.00 15,700.00 14,300.00 14,300.00 43,523.69 45,000.00 89,228.61 10-5520-40-00 Telephones 200.00 300.00- 500.00 500.00 200.00 10-5521-40-00 Cell Phone Expense 800.00 100.00- 900.00 900.00 752.72 800.00 647.46 10-5525-40-00 Electricity 75,000.00 75,000.00 75,000.00 72,078.79 77,000.00 74,812.76 10-5530-40-00 Travel/Lodging/Meals Expense 200.00 200.00- 400.00 400.00 65.58 200.00 10-5536-40-00 Training/Seminars 1,000.00 400.00 600.00 600.00 350.00 800.00 10-5620-40-00 Tools & Equipment 1,500.00 200.00- 1,700.00 1,700.00 440.67 1,700.00 2,148.14 10-5630-40-00 Safety Equipment 1,200.00 60.00 1,140.00 1,140.00 819.66 1,100.00 2,042.93 10-5640-40-00 Signs & Hardware 25,000.00 18,200.00 6,800.00 6,800.00 10,928.72 11,000.00 7,316.67 10-5650-40-00 Maintenance Materials 50,000.00 800.00 49,200.00 49,200.00 31,940.07 45,000.00 38,734.85 10-6110-40-00 Capital Expenditure 25,984.80 26,000.00 Subtotal: 318,359.00 41,504.00 276,855.00 276,855.00 303,242.78 338,315.00 342,157.96 Program number: 318,359.00 41,504.00 276,855.00 276,855.00 303,242.78 338,315.00 342,157.96 . glbase_bw16 mgarrett Town of Prosper Page 21 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 40 Streets Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Streets 318,359.00 41,504.00 276,855.00 276,855.00 303,242.78 338,315.00 342,157.96 . glbase_bw16 mgarrett Town of Prosper Page 22 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 45 Public Library Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-45-00 Salaries & Wages 21,000.00 5,500.00 15,500.00 15,500.00 14,193.76 15,500.00 10,541.91 10-5145-45-00 Social Security Expense 1,400.00 440.00 960.00 960.00 880.01 960.00 653.61 10-5150-45-00 Medicare Expense 325.00 55.00- 380.00 380.00 205.82 380.00 152.86 10-5155-45-00 SUTA Expense 270.00 220.00 50.00 50.00 156.85 160.00 184.82 10-5175-45-00 Liability (TML)/Workers' Comp 100.00 100.00 100.00 63.34 100.00 30.68 10-5190-45-00 Contract Labor 40,165.00 40,165.00 40,165.00 29,777.50 40,165.00 45,785.12 10-5191-45-00 Hiring Cost 80.00 10-5210-45-00 Supplies 1,500.00 1,500.00 1,500.00 903.45 1,500.00 2,418.79 10-5212-45-00 Building Supplies 500.00 500.00 500.00 67.00 500.00 668.61 10-5220-45-00 Office Equipment 500.00 500.00 500.00 521.99 550.00 1,088.96 10-5230-45-00 Dues,Fees,& Subscriptions 1,500.00 1,500.00 1,500.00 192.90 1,000.00 570.00 10-5240-45-00 Postage and Delivery 400.00 400.00 400.00 100.00 100.00 10-5260-45-00 Advertising 185.00 10-5280-45-00 Printing and Reproduction 73.23 75.00 99.00 10-5281-45-00 Book Purchases 8,500.00 8,500.00 8,500.00 8,532.45 8,550.00 7,340.55 10-5325-45-00 Copier Lease 900.00- 900.00 900.00 971.73 10-5480-45-00 Contracted Services 1,635.00 10-5525-45-00 Electricity 5,500.00 5,500.00 5,500.00 9,991.63 10-5530-45-00 Travel 700.00 700.00 700.00 126.44 700.00 10-5533-45-00 Mileage Expense 600.00 600.00 600.00 233.58 600.00 10-5536-45-00 Training/Seminars 500.00 500.00 500.00 626.00 750.00 510.00 10-5600-45-00 Special Events 600.00 600.00 600.00 359.87 600.00 1,166.02 10-6140-45-00 Capital Expenditure - Equipmen 399.99 Subtotal: 84,060.00 5,205.00 78,855.00 78,855.00 56,914.19 72,190.00 84,574.28 Program number: 84,060.00 5,205.00 78,855.00 78,855.00 56,914.19 72,190.00 84,574.28 Department number: Public Library 84,060.00 5,205.00 78,855.00 78,855.00 56,914.19 72,190.00 84,574.28 . glbase_bw16 mgarrett Town of Prosper Page 23 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-60-00 Salaries & Wages 371,000.00 173,500.00 197,500.00 197,500.00 182,948.92 198,000.00 132,052.41 10-5115-60-00 Salaries - Overtime 9,000.00 3,000.00 6,000.00 6,000.00 8,728.45 9,400.00 5,288.81 10-5126-60-00 Salaries-Vacation Buy-Out 2,525.00 1,125.00- 3,650.00 3,650.00 10-5140-60-00 Salaries - Longevity Pay 1,200.00 210.00 990.00 990.00 965.00 965.00 655.00 10-5141-60-00 Salaries - Incentive 5,200.00 10-5145-60-00 Social Security Expense 24,200.00 11,400.00 12,800.00 12,800.00 11,522.70 12,800.00 8,703.55 10-5150-60-00 Medicare Expense 5,650.00 2,650.00 3,000.00 3,000.00 2,694.81 3,000.00 1,998.42 10-5155-60-00 SUTA Expense 3,250.00 2,300.00 950.00 950.00 552.33 750.00 619.49 10-5160-60-00 Health Insurance 35,150.00 19,070.00 16,080.00 16,080.00 14,248.56 17,000.00 11,763.20 10-5165-60-00 Dental Insurance 2,400.00 1,110.00 1,290.00 1,290.00 1,176.03 1,375.00 912.27 10-5170-60-00 Life Insurance/AD&D 800.00 400.00 400.00 400.00 351.05 415.00 301.49 10-5175-60-00 Liability (TML) Workers Comp 10,700.00 6,800.00 3,900.00 3,900.00 2,034.29 2,500.00 3,247.00 10-5180-60-00 TMRS Expense 34,600.00 13,000.00 21,600.00 21,600.00 17,312.20 20,000.00 13,349.94 10-5185-60-00 Long Term/Short Term Disabilit 3,000.00 1,080.00 1,920.00 1,920.00 765.00 1,200.00 557.50 10-5186-60-00 WELLE-Wellness Prog Reimb Empl 400.00 400.00 10-5190-60-00 Contract Labor 5,500.00 5,000.00- 10,500.00 10,500.00 10,500.00 4,070.00 10-5191-60-00 Hiring Cost 80.00 80.00 155.00 10-5210-60-00 Office Supplies 850.00 350.00 500.00 500.00 1,263.62 1,300.00 67.13 10-5212-60-00 Building Supplies 2,400.00 1,900.00 500.00 500.00 101.13 399.00 774.08 10-5230-60-00 Dues,Fees,& Subscriptions 1,906.00 1,406.00 500.00 500.00 150.95 160.00 471.50 10-5240-60-00 Postage and Delivery 75.00 25.00 50.00 50.00 63.69 75.00 16.37 10-5280-60-00 Printing and Reproduction 400.00 50.00- 450.00 450.00 262.13 300.00 54.45- 10-5290-60-00 Miscellaneous Expense 3,053.00 3,100.00 10-5320-60-00 Repairs & Maintenance 29,000.00 15,100.00 13,900.00 13,900.00 47,517.41 50,000.00 29,384.91 10-5350-60-00 Vehicle Expense 2,500.00 1,000.00 1,500.00 1,500.00 1,554.25 1,650.00 790.57 10-5352-60-00 Fuel 8,000.00 3,300.00 4,700.00 4,700.00 9,234.60 10,000.00 6,225.40 10-5353-60-00 Oil/Grease/Inspections 725.00 175.00 550.00 550.00 220.23 250.00 268.68 10-5400-60-00 Uniform Expense 2,400.00 900.00 1,500.00 1,500.00 1,400.30 1,500.00 901.04 10-5410-60-00 Professional Services 2,500.00 2,500.00 10-5419-60-00 IT Licenses 201.37 202.00 10-5430-60-00 Legal Fees 3,500.00 1,500.00- 5,000.00 5,000.00 1,708.38 3,292.00 7,373.78 10-5435-60-00 Legal Notices/Filings 294.20 300.00 533.20 10-5480-60-00 Contracted Services 122,000.00 40,000.00- 162,000.00 162,000.00 93,530.92 115,000.00 70,148.80 10-5521-60-00 Cell Phone Expense 2,275.00 705.00 1,570.00 1,570.00 2,097.53 2,400.00 951.69 10-5525-60-00 Electricity 40,000.00 12,000.00 28,000.00 28,000.00 37,545.84 42,000.00 26,743.65 10-5530-60-00 Travel/Lodging/Meals Expense 800.00 400.00 400.00 400.00 400.00 10-5536-60-00 Training/Seminars 1,250.00 1,250.00 1,250.00 1,205.00 1,300.00 10-5600-60-00 Special Events 4,000.00 1,415.00 2,585.00 2,585.00 3,760.31 4,000.00 1,734.92 10-5630-60-00 Safety Equipment 800.00 400.00 400.00 400.00 525.84 550.00 269.77 10-6000-60-00 Park Fees Expenditures 1,700.00 1,700.00 10-6110-60-00 Capital Expenditure 5,000.00 5,000.00 10-6140-60-00 Capital Expenditure - Equipmen 80,000.00 4,133.06 75,866.94 3,000.00 95,284.48 95,500.00 3,056.27 . glbase_bw16 mgarrett Town of Prosper Page 24 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Subtotal: 817,256.00 235,454.06 581,801.94 508,935.00 548,554.52 615,863.00 338,531.39 Program number: 817,256.00 235,454.06 581,801.94 508,935.00 548,554.52 615,863.00 338,531.39 Department number: Parks and Recreation 817,256.00 235,454.06 581,801.94 508,935.00 548,554.52 615,863.00 338,531.39 . glbase_bw16 mgarrett Town of Prosper Page 25 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 70 Municipal Court Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-70-00 Salaries & Wages 56,850.00 1,350.00- 58,200.00 58,200.00 52,751.66 57,050.00 50,935.40 10-5125-70-00 Salaries-Sick Time Buy-Out 3,357.00 3,357.00 10-5126-70-00 Salaries-Vacation Buy-Out 1,120.00- 1,120.00 1,120.00 8,536.86 8,537.00 972.12 10-5140-70-00 Salaries - Longevity Pay 45.00 465.00- 510.00 510.00 510.00 510.00 450.00 10-5141-70-00 Salaries - Incentive 3,400.00 10-5145-70-00 Social Security Expense 3,600.00 110.00- 3,710.00 3,710.00 3,878.15 4,190.00 3,276.29 10-5150-70-00 Medicare Expense 850.00 20.00- 870.00 870.00 906.98 980.00 740.53 10-5155-70-00 SUTA Expense 270.00 80.00 190.00 190.00 204.65 225.00 189.00 10-5160-70-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,572.98 4,060.00 4,022.80 10-5165-70-00 Dental Insurance 300.00 30.00- 330.00 330.00 290.49 330.00 312.15 10-5170-70-00 Life Insurance/AD&D 95.00 5.00- 100.00 100.00 86.73 100.00 106.63 10-5175-70-00 Liability (TML) Workers Comp 140.00 10.00- 150.00 150.00 111.01 130.00 124.00 10-5180-70-00 TMRS Expense 5,800.00 500.00- 6,300.00 6,300.00 6,515.55 7,000.00 5,560.00 10-5185-70-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 244.34 310.00 244.46 10-5186-70-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 10-5190-70-00 Contract Labor 4,800.00 300.00- 5,100.00 5,100.00 1,960.00 2,100.00 3,104.50 10-5191-70-00 Hiring Cost 40.00 40.00 10-5210-70-00 Office Supplies 1,500.00 500.00 1,000.00 1,000.00 1,478.97 1,500.00 1,095.93 10-5212-70-00 Building Supplies 1,000.00 500.00 500.00 500.00 1,383.60 1,400.00 723.59 10-5230-70-00 Dues,Fees,& Subscriptions 330.00 330.00 330.00 351.94 360.00 330.44 10-5240-70-00 Postage and Delivery 1,000.00 100.00 900.00 900.00 927.87 1,000.00 1,312.00 10-5250-70-00 Publications 100.00 50.00- 150.00 150.00 501.81 10-5280-70-00 Printing and Reproduction 1,000.00 500.00- 1,500.00 1,500.00 1,268.69 1,500.00 532.93 10-5310-70-00 Rental Expense 24,000.00 1,000.00- 25,000.00 25,000.00 22,437.55 23,000.00 21,360.00 10-5325-70-00 Copier Lease 2,135.02 10-5400-70-00 Uniform Expense 60.00 60.00 10-5415-70-00 Tuition Reimbursement 8,400.00- 8,400.00 8,400.00 6,698.79 10-5418-70-00 IT Fees 500.00 2,300.00- 2,800.00 2,800.00 437.50 1,500.00 1,401.25 10-5420-70-00 Municipal Court/Judge Fees 9,600.00 800.00- 10,400.00 10,400.00 7,250.00 8,750.00 9,000.00 10-5425-70-00 State Fines Expense 102,000.00 10,000.00 92,000.00 92,000.00 64,640.20 96,000.00 86,454.79 10-5430-70-00 Legal Fees 1,000.00- 1,000.00 1,000.00 627.00 10-5480-70-00 Contracted Services 2,000.00 1,600.00 400.00 400.00 1,316.00 1,316.00 1,274.00 10-5520-70-00 Telephones 300.00 700.00- 1,000.00 1,000.00 1,128.31 1,300.00 1,152.15 10-5524-70-00 Gas-Building 900.00 200.00- 1,100.00 1,100.00 358.87 500.00 657.71 10-5525-70-00 Electricity 2,000.00 1,000.00- 3,000.00 3,000.00 1,504.72 1,800.00 1,335.46 10-5530-70-00 Travel/Lodging/Meals Expense 800.00 800.00 800.00 1,004.71 1,080.00 566.70 10-5533-70-00 Mileage Expense 1,500.00 850.00 650.00 650.00 118.44 330.00 463.92 10-5536-70-00 Training/Seminars 1,000.00 1,000.00 1,000.00 185.00 300.00 2,225.50 Subtotal: 227,140.00 5,870.00- 233,010.00 233,010.00 188,758.77 230,555.00 213,286.87 Program number: 227,140.00 5,870.00- 233,010.00 233,010.00 188,758.77 230,555.00 213,286.87 . glbase_bw16 mgarrett Town of Prosper Page 26 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 70 Municipal Court Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Municipal Court 227,140.00 5,870.00- 233,010.00 233,010.00 188,758.77 230,555.00 213,286.87 . glbase_bw16 mgarrett Town of Prosper Page 27 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 80 Inspections Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-80-00 Salaries & Wages 322,000.00 70,400.00 251,600.00 251,600.00 258,580.92 276,000.00 238,467.11 10-5115-80-00 Salaries - Overtime 5,000.00 5,000.00 5,000.00 5,231.06 6,000.00 590.73 10-5126-80-00 Salaries-Vacation Buy-Out 1,400.00 3,400.00- 4,800.00 4,800.00 3,126.70 3,130.00 673.20 10-5140-80-00 Salaries - Longevity Pay 1,195.00 155.00 1,040.00 1,040.00 1,040.00 1,040.00 740.00 10-5141-80-00 Salaries - Incentive 9,550.00 10-5145-80-00 Social Security Expense 20,400.00 4,100.00 16,300.00 16,300.00 16,221.49 17,300.00 15,090.73 10-5150-80-00 Medicare Expense 4,800.00 1,000.00 3,800.00 3,800.00 3,793.75 4,040.00 3,384.04 10-5155-80-00 SUTA Expense 2,700.00 1,755.00 945.00 945.00 610.08 900.00 1,085.68 10-5160-80-00 Health Insurance 26,400.00 6,300.00 20,100.00 20,100.00 18,311.05 20,800.00 20,066.00 10-5165-80-00 Dental Insurance 1,800.00 190.00 1,610.00 1,610.00 1,494.66 1,650.00 1,560.75 10-5170-80-00 Life Insurance/AD&D 575.00 75.00 500.00 500.00 446.04 500.00 516.25 10-5175-80-00 Liability (TML) Workers Comp 1,525.00 25.00 1,500.00 1,500.00 1,069.10 1,300.00 1,574.88 10-5180-80-00 TMRS Expense 29,750.00 1,750.00 28,000.00 28,000.00 24,867.94 27,000.00 24,398.54 10-5185-80-00 Long Term/Short Term Disabilit 2,160.00 240.00- 2,400.00 2,400.00 1,075.63 1,500.00 1,110.84 10-5186-80-00 WELLE-Wellness Prog Reimb Empl 250.00 250.00 210.00 10-5190-80-00 Contract Labor 1,200.00 24,700.00- 25,900.00 25,900.00 1,200.00 1,200.00 475.00 10-5191-80-00 Hiring Cost 80.00 130.00 10-5210-80-00 Office Supplies 4,000.00 4,000.00 4,000.00 3,402.18 4,000.00 4,906.63 10-5212-80-00 Building Supplies 500.00 500.00 500.00 153.48 400.00 859.35 10-5220-80-00 Office Equipment 189.86 5,300.00 732.64 10-5230-80-00 Dues,Fees,& Subscriptions 300.00 450.00- 750.00 750.00 155.94 160.00 8.34- 10-5240-80-00 Postage and Delivery 50.00 150.00- 200.00 200.00 12.56 50.00 194.12 10-5250-80-00 Publications 104.50 10-5280-80-00 Printing and Reproduction 2,000.00 150.00- 2,150.00 2,150.00 1,120.95 1,150.00 826.99 10-5320-80-00 Repairs & Maintenance 500.00 500.00 500.00 1,585.47 1,600.00 70.84 10-5340-80-00 Building Repairs 150.00 150.00 150.00 1,949.35 152.92 10-5350-80-00 Vehicle Expense 1,500.00 1,500.00 1,500.00 3,220.84 1,500.00 1,613.08 10-5352-80-00 Fuel 9,000.00 2,225.00 6,775.00 6,775.00 4,980.43 5,700.00 6,375.70 10-5353-80-00 Oil/Grease/Inspections 1,200.00 200.00 1,000.00 1,000.00 176.06 500.00 335.70 10-5400-80-00 Uniform Expense 2,000.00 2,000.00 2,000.00 1,500.44 1,900.00 10-5415-80-00 Tuition Reimbursement 5,100.00 2,235.00 2,865.00 2,865.00 3,358.89 3,400.00 1,127.22 10-5418-80-00 IT Fees 4,000.00 4,000.00 4,000.00 966.25 3,000.00 8,162.50 10-5419-80-00 IT Licenses 351.37 352.00 10-5430-80-00 Legal Fees 500.00 500.00 500.00 1,892.33 2,250.00 2,487.77 10-5465-80-00 Public Relations 500.00 500.00 500.00 521.93 600.00 319.41 10-5480-80-00 Contracted Services 750.00 750.00 750.00 600.00 750.00 540.00 10-5520-80-00 Telephones 1,200.00 3,800.00- 5,000.00 5,000.00 871.07 1,200.00 3,527.16 10-5521-80-00 Cell Phone Expense 2,000.00 2,000.00 2,000.00 1,486.99 1,600.00 1,938.68 10-5525-80-00 Electricity 6,500.00 500.00 6,000.00 6,000.00 5,887.44 6,500.00 6,269.51 10-5530-80-00 Travel/Lodging/Meals Expense 600.00 600.00 600.00 130.70 10-5533-80-00 Mileage Expense 500.00 500.00 500.00 2,699.04 3,000.00 256.17 10-5536-80-00 Training/Seminars 5,000.00 1,250.00 3,750.00 3,750.00 2,129.01 3,750.00 3,406.75 10-5630-80-00 Safety Equipment 800.00 800.00 800.00 78.50 500.00 . glbase_bw16 mgarrett Town of Prosper Page 28 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 80 Inspections Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-6110-80-00 Capital Expenditure 10,000.00 10,000.00 10-6140-80-00 Capital Expenditure - Equipmen 2,032.13 Subtotal: 479,805.00 69,520.00 410,285.00 410,285.00 376,648.80 411,652.00 365,645.88 Program number: 479,805.00 69,520.00 410,285.00 410,285.00 376,648.80 411,652.00 365,645.88 Department number: Inspections 479,805.00 69,520.00 410,285.00 410,285.00 376,648.80 411,652.00 365,645.88 . glbase_bw16 mgarrett Town of Prosper Page 29 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 85 Code Enforcement Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-85-00 Salaries & Wages 45,700.00 680.00 45,020.00 45,020.00 41,505.52 45,020.00 38,111.52 10-5115-85-00 Salaries - Overtime 1,500.00 1,500.00 1,500.00 389.52 390.00 326.29 10-5125-85-00 Salaries-Sick Time Buy-Out 2.50 10-5126-85-00 Salaries-Vacation Buy-Out 870.00- 870.00 870.00 6,713.20 10-5140-85-00 Salaries - Longevity Pay 85.00 55.00 30.00 30.00 255.00 10-5141-85-00 Salaries - Incentive 500.00 10-5145-85-00 Social Security Expense 3,000.00 60.00 2,940.00 2,940.00 2,544.97 2,800.00 2,835.78 10-5150-85-00 Medicare Expense 700.00 10.00 690.00 690.00 595.20 660.00 663.21 10-5155-85-00 SUTA Expense 270.00 80.00 190.00 190.00 72.00 80.00 234.00 10-5160-85-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,712.03 4,200.00 3,354.56 10-5165-85-00 Dental Insurance 300.00 30.00- 330.00 330.00 304.56 330.00 263.79 10-5170-85-00 Life Insurance/AD&D 95.00 5.00- 100.00 100.00 90.86 100.00 86.73 10-5175-85-00 Liability (TML) Workers' Comp 270.00 270.00 270.00 204.03 240.00 257.08 10-5180-85-00 TMRS Expense 4,800.00 200.00- 5,000.00 5,000.00 4,197.51 4,600.00 4,454.56 10-5185-85-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 201.47 280.00 156.99 10-5186-85-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 80.00 10-5190-85-00 Contract Labor 19,000.00 18,100.00 900.00 900.00 893.00 2,000.00 10-5191-85-00 Hiring Cost 35.00 10-5210-85-00 Office Supplies 500.00 250.00- 750.00 750.00 422.56 500.00 834.73 10-5212-85-00 Building Supplies 30.99 10-5220-85-00 Office Equipment 400.00- 400.00 400.00 174.81 200.00 465.21 10-5230-85-00 Dues,Fees,& Subscriptions 120.00 120.00 9.95 60.00 287.00 10-5240-85-00 Postage and Delivery 400.00 100.00 300.00 300.00 468.71 550.00 313.40 10-5280-85-00 Printing and Reproduction 500.00 750.00- 1,250.00 1,250.00 2,439.67 2,440.00 840.15 10-5320-85-00 Repairs & Maintenance 10.47 15.00 10-5350-85-00 Vehicle Expense 500.00 500.00 500.00 1,002.44 550.00 251.33 10-5352-85-00 Fuel 1,000.00 500.00- 1,500.00 1,500.00 853.40 1,000.00 1,053.01 10-5353-85-00 Oil/Grease/Inspections 100.00 150.00- 250.00 250.00 87.42 100.00 49.84 10-5400-85-00 Uniform Expense 200.00 200.00- 400.00 400.00 443.43 450.00 13.57 10-5418-85-00 IT Fees 325.00 500.00 437.50 10-5430-85-00 Legal Fees 15,000.00 14,000.00 1,000.00 1,000.00 7,596.03 8,000.00 5,226.63 10-5435-85-00 Legal Notices/Filings 500.00 500.00 500.00 43.97 250.00 32.00 10-5465-85-00 Public Relations 100.00- 100.00 100.00 208.00 210.00 77.00 10-5480-85-00 Contracted Services 60,500.00 60,500.00 60,500.00 63,454.00 65,000.00 55,766.15 10-5520-85-00 Telephones 300.00 300.00 300.00 1,451.56 1,500.00 568.92 10-5521-85-00 Cell Phone Expense 500.00 400.00- 900.00 900.00 734.49 900.00 980.91 10-5530-85-00 Travel/Lodging/Meals Expense 500.00- 500.00 500.00 14.60 15.00 39.81 10-5533-85-00 Mileage Expense 200.00- 200.00 200.00 80.00 10-5536-85-00 Training/Seminars 500.00 750.00- 1,250.00 1,250.00 130.00 130.00 581.07 10-5600-85-00 Special Events 1,000.00 300.00- 1,300.00 1,300.00 1,488.07 1,500.00 5,733.24 10-5620-85-00 Tools & Equipment 250.00 500.00- 750.00 750.00 499.77 500.00 661.86 10-5630-85-00 Safety Equipment 300.00- 300.00 300.00 10-5640-85-00 Signs & Hardware 500.00 500.00- 1,000.00 1,000.00 384.56 385.00 383.90 . glbase_bw16 mgarrett Town of Prosper Page 30 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 85 Code Enforcement Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Subtotal: 162,890.00 26,600.00 136,290.00 136,290.00 137,033.58 145,455.00 132,958.43 Program number: 162,890.00 26,600.00 136,290.00 136,290.00 137,033.58 145,455.00 132,958.43 Department number: Code Enforcement 162,890.00 26,600.00 136,290.00 136,290.00 137,033.58 145,455.00 132,958.43 . glbase_bw16 mgarrett Town of Prosper Page 31 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 90 Planning Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-90-00 Salaries & Wages 118,000.00 7,950.00 110,050.00 110,050.00 108,588.08 116,725.00 110,197.42 10-5115-90-00 Salaries - Overtime 147.74 148.00 182.70 10-5126-90-00 Salaries-Vacation Buy-Out 1,950.00 170.00- 2,120.00 2,120.00 3,721.68 3,722.00 1,398.08 10-5140-90-00 Salaries - Longevity Pay 500.00 120.00 380.00 380.00 380.00 380.00 390.00 10-5141-90-00 Salaries - Incentive 3,600.00 10-5145-90-00 Social Security Expense 7,620.00 620.00 7,000.00 7,000.00 6,479.31 7,115.00 6,685.03 10-5150-90-00 Medicare Expense 1,800.00 150.00 1,650.00 1,650.00 1,515.32 1,665.00 1,477.45 10-5155-90-00 SUTA Expense 540.00 160.00 380.00 380.00 158.72 175.00 378.00 10-5160-90-00 Health Insurance 8,800.00 760.00 8,040.00 8,040.00 7,445.12 8,407.00 8,490.72 10-5165-90-00 Dental Insurance 600.00 50.00- 650.00 650.00 609.43 665.00 648.48 10-5170-90-00 Life Insurance/AD&D 189.00 11.00- 200.00 200.00 181.81 185.00 214.76 10-5175-90-00 Liability (TML) Workers Comp 275.00 125.00- 400.00 400.00 313.36 325.00 414.28 10-5180-90-00 TMRS Expense 12,300.00 480.00 11,820.00 11,820.00 11,037.76 11,950.00 11,690.31 10-5185-90-00 Long Term/Short Term Disabilit 720.00 240.00- 960.00 960.00 503.83 650.00 565.24 10-5186-90-00 WELLE-Wellness Prog Reimb Empl 100.00 100.00 80.00 80.00 10-5190-90-00 Contract Labor 1,300.00 1,300.00 1,300.00 1,200.00 1,300.00 1,360.00 10-5210-90-00 Office Supplies 2,500.00 500.00- 3,000.00 3,000.00 2,104.07 2,500.00 3,485.02 10-5212-90-00 Building Supplies 250.00 50.00- 300.00 300.00 957.86 1,000.00 629.38 10-5220-90-00 Office Equipment 1,000.00- 1,000.00 1,000.00 1,367.64 10-5230-90-00 Dues,Fees,& Subscriptions 29,000.00 29,000.00 29,000.00 30,005.00 30,100.00 18,812.50 10-5240-90-00 Postage and Delivery 200.00 300.00- 500.00 500.00 116.49 200.00 472.31 10-5250-90-00 Publications 300.00- 300.00 300.00 187.53 200.00 10-5280-90-00 Printing and Reproduction 16.45 17.00 197.30 10-5325-90-00 Copier Lease 4,683.81 10-5340-90-00 Building Repairs 1,000.00- 1,000.00 1,000.00 2,787.98 2,800.00 3,426.62 10-5400-90-00 Uniform Expense 70.88 71.00 10-5410-90-00 Professional Services 83,050.00 33,615.00- 116,665.00 52,215.00 66,025.25 116,665.00 84,020.61 10-5418-90-00 IT Fees 500.00- 500.00 500.00 85.00 250.00 6,857.50 10-5419-90-00 IT Licenses 201.37 202.00 10-5430-90-00 Legal Fees 25,000.00 25,000.00 25,000.00 39,479.76 40,000.00 22,275.44 10-5435-90-00 Legal Notices/Filings 1,500.00 1,000.00- 2,500.00 2,500.00 2,626.39 3,500.00 3,490.40 10-5480-90-00 Contracted Services 120.00 10-5520-90-00 Telephones 2,200.00 700.00 1,500.00 1,500.00 1,958.70 2,200.00 1,701.97 10-5521-90-00 Cell Phone Expense 400.00 40.00- 440.00 440.00 396.43 400.00 457.01 10-5526-90-00 Data Network 8,250.00 8,250.00 8,250.00 7,693.43 8,250.00 6,013.49 10-5530-90-00 Travel/Lodging/Meals Expense 2,000.00 1,000.00- 3,000.00 3,000.00 901.46 1,000.00 1,254.22 10-5533-90-00 Mileage Expense 1,500.00 500.00- 2,000.00 2,000.00 1,111.07 1,500.00 1,125.18 10-5536-90-00 Training/Seminars 2,500.00 500.00- 3,000.00 3,000.00 1,525.00 2,500.00 2,840.21 10-5640-90-00 Signs & Hardware 1,000.00- 1,000.00 1,000.00 500.00 10-6110-90-00 Capital Expenditure 5,951.96 5,952.00 Subtotal: 313,044.00 30,861.00- 343,905.00 279,455.00 306,564.24 373,299.00 310,923.08 . glbase_bw16 mgarrett Town of Prosper Page 32 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 90 Planning Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Program number: 313,044.00 30,861.00- 343,905.00 279,455.00 306,564.24 373,299.00 310,923.08 Department number: Planning 313,044.00 30,861.00- 343,905.00 279,455.00 306,564.24 373,299.00 310,923.08 . glbase_bw16 mgarrett Town of Prosper Page 33 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 98 Engineering Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-98-00 Salaries & Wages 111,500.00 3,300.00 108,200.00 108,200.00 99,846.24 108,200.00 97,147.10 10-5126-98-00 Salaries-Vacation Buy-Out 2,080.00 2,080.00 2,080.00 4,160.24 4,161.00 1,854.11 10-5140-98-00 Salaries - Longevity Pay 320.00 60.00 260.00 260.00 260.00 260.00 200.00 10-5141-98-00 Salaries - Incentive 3,400.00 10-5145-98-00 Social Security Expense 6,625.00 5.00 6,620.00 6,620.00 5,896.95 6,520.00 5,774.39 10-5150-98-00 Medicare Expense 1,700.00 100.00 1,600.00 1,600.00 1,379.13 1,550.00 1,301.35 10-5155-98-00 SUTA Expense 270.00 80.00 190.00 190.00 72.00 80.00 189.00 10-5160-98-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,712.03 4,200.00 4,001.80 10-5165-98-00 Dental Insurance 300.00 30.00- 330.00 330.00 318.63 350.00 312.15 10-5170-98-00 Life Insurance/AD&D 150.00 50.00 100.00 100.00 138.00 160.00 125.52 10-5175-98-00 Liability (TML) Workers Comp 265.00 5.00- 270.00 270.00 203.03 240.00 236.52 10-5180-98-00 TMRS Expense 11,700.00 100.00 11,600.00 11,600.00 10,426.64 11,300.00 10,243.14 10-5185-98-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 437.21 480.00 448.44 10-5186-98-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 50.00 10-5210-98-00 Office Supplies 50.00 350.00- 400.00 400.00 50.00 67.43 10-5212-98-00 Building Supplies 250.00- 250.00 250.00 250.84 10-5220-98-00 Office Equipment 20.40 21.00 33.89 10-5230-98-00 Dues,Fees,& Subscriptions 300.00 300.00 300.00 320.94 350.00 282.50 10-5240-98-00 Postage and Delivery 50.00 50.00 50.00 28.49 50.00 51.79 10-5250-98-00 Publications 23.76 10-5280-98-00 Printing and Reproduction 100.00- 100.00 100.00 276.00 276.00 760.47 10-5400-98-00 Uniform Expense 240.00 240.00 520.10 10-5418-98-00 IT Fees 250.00 250.00 250.00 250.00 625.00 10-5419-98-00 IT Licenses 201.37 202.00 10-5430-98-00 Legal Fees 10,000.00 8,000.00 2,000.00 2,000.00 17,980.48 18,000.00 13,330.75 10-5520-98-00 Telephones 1,725.00 1,725.00 1,725.00 10-5521-98-00 Cell Phone Expense 660.00 660.00 660.00 580.69 660.00 596.45 10-5530-98-00 Travel/Lodging/Meals Expense 750.00 750.00 750.00 1,549.48 1,800.00 667.33 10-5532-98-00 Entertainment 124.79 250.00 10-5533-98-00 Mileage Expense 1,000.00 1,000.00 1,000.00 751.79 1,000.00 495.00 10-5536-98-00 Training/Seminars 1,500.00 1,500.00 1,500.00 2,465.60 2,500.00 2,823.40 Subtotal: 155,995.00 11,260.00 144,735.00 144,735.00 151,390.13 163,200.00 145,762.23 Program number: 155,995.00 11,260.00 144,735.00 144,735.00 151,390.13 163,200.00 145,762.23 Department number: Engineering 155,995.00 11,260.00 144,735.00 144,735.00 151,390.13 163,200.00 145,762.23 Expense Subtotal ------- 7,937,253.00 684,824.06 7,252,428.94 7,115,112.00 6,679,175.71 7,569,194.00 5,315,982.55 Fund number: 10 General 15,905.00- 153,221.94- 137,316.94 604,182.67- 72,946.00 1,717,760.15- . glbase_bw16 mgarrett Town of Prosper Page 34 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 50 Water Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-4005-50-00 Water Revenue 3,678,400.00- 378,400.00- 3,300,000.00- 3,300,000.00- 3,550,133.81- 4,000,000.00- 3,152,013.72- 20-4010-50-00 Water Tap & Construction 150,000.00- 50,000.00- 100,000.00- 100,000.00- 259,789.00- 270,000.00- 213,677.50- 20-4012-50-00 Saturday Inspection Fee 600.00- 275.00 875.00- 875.00- 20-4018-50-00 Internet Cr. Card Fees(Global) 1,616.07- 20-4019-50-00 Cr. Card Pmt Fees(auth.net) 249.94- 20-4060-50-00 NSF Fees 300.00- 75.00- 225.00- 225.00- 925.00- 950.00- 600.00- 20-4610-50-00 Interest Income 40,000.00- 40,000.00- 40,000.00- 37,158.39- 40,000.00- 73,731.88- 20-4910-50-00 Other Revenue 25,000.00- 10,000.00- 15,000.00- 15,000.00- 41,546.24- 42,000.00- 37,589.15- Subtotal: 3,894,300.00- 438,200.00- 3,456,100.00- 3,456,100.00- 3,891,418.45- 4,352,950.00- 3,477,612.25- Program number: 3,894,300.00- 438,200.00- 3,456,100.00- 3,456,100.00- 3,891,418.45- 4,352,950.00- 3,477,612.25- Department number: Water 3,894,300.00- 438,200.00- 3,456,100.00- 3,456,100.00- 3,891,418.45- 4,352,950.00- 3,477,612.25- . glbase_bw16 mgarrett Town of Prosper Page 35 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 55 Sewer Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-4006-55-00 Sewer Revenue 1,800,300.00- 328,890.00- 1,471,410.00- 1,471,410.00- 1,467,851.68- 1,600,000.00- 1,132,946.32- 20-4010-55-00 Sewer Tap & Construction 80,000.00- 45,000.00- 35,000.00- 35,000.00- 111,600.00- 112,000.00- 92,100.00- Subtotal: 1,880,300.00- 373,890.00- 1,506,410.00- 1,506,410.00- 1,579,451.68- 1,712,000.00- 1,225,046.32- Program number: 1,880,300.00- 373,890.00- 1,506,410.00- 1,506,410.00- 1,579,451.68- 1,712,000.00- 1,225,046.32- Department number: Sewer 1,880,300.00- 373,890.00- 1,506,410.00- 1,506,410.00- 1,579,451.68- 1,712,000.00- 1,225,046.32- . glbase_bw16 mgarrett Town of Prosper Page 36 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 57 Utility Billing Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-4000-57-00 W/S Service Initiation 25,000.00- 7,000.00- 18,000.00- 18,000.00- 30,965.00- 31,250.00- 38,898.00- 20-4007-57-00 Sanitation 687,000.00- 107,000.00- 580,000.00- 580,000.00- 562,450.97- 615,000.00- 561,322.25- 20-4009-57-00 Late Fee-W/S 57,000.00- 37,000.00- 20,000.00- 20,000.00- 54,910.32- 58,000.00- 51,376.24- Subtotal: 769,000.00- 151,000.00- 618,000.00- 618,000.00- 648,326.29- 704,250.00- 651,596.49- Program number: 769,000.00- 151,000.00- 618,000.00- 618,000.00- 648,326.29- 704,250.00- 651,596.49- Department number: Utility Billing Department 769,000.00- 151,000.00- 618,000.00- 618,000.00- 648,326.29- 704,250.00- 651,596.49- Revenue Subtotal ------- 6,543,600.00- 963,090.00- 5,580,510.00- 5,580,510.00- 6,119,196.42- 6,769,200.00- 5,354,255.06- . glbase_bw16 mgarrett Town of Prosper Page 37 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 50 Water Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5110-50-00 Salaries & Wages 323,000.00 64,500.00 258,500.00 258,500.00 243,864.48 259,200.00 253,772.55 20-5115-50-00 Salaries - Overtime 21,000.00 3,000.00- 24,000.00 24,000.00 13,886.19 18,000.00 20,101.23 20-5126-50-00 Salaries-Vacation Buy-Out 2,000.00 3,000.00- 5,000.00 5,000.00 20-5140-50-00 Salaries - Longevity Pay 1,005.00 295.00 710.00 710.00 645.00 645.00 360.00 20-5141-50-00 Salary-Incentive 9,500.00 20-5145-50-00 Social Security Expense 22,000.00 4,000.00 18,000.00 18,000.00 15,676.16 17,000.00 17,585.79 20-5150-50-00 Medicare Expense 5,150.00 1,000.00 4,150.00 4,150.00 3,666.19 4,000.00 3,954.10 20-5155-50-00 SUTA Expense 1,890.00 940.00 950.00 950.00 405.28 450.00 970.65 20-5160-50-00 Health Insurance 30,750.00 10,650.00 20,100.00 20,100.00 18,560.15 21,000.00 19,777.44 20-5165-50-00 Dental Insurance 2,100.00 490.00 1,610.00 1,610.00 1,522.80 1,660.00 1,536.57 20-5170-50-00 Life Insurance/AD&D 690.00 190.00 500.00 500.00 503.93 600.00 408.72 20-5175-50-00 Liability (TML) Workers' Comp 9,900.00 100.00- 10,000.00 10,000.00 7,497.06 8,500.00 9,882.40 20-5176-50-00 TML Prop. & Liab Insurance 28,000.00 28,000.00 28,000.00 25,455.87 28,000.00 23,852.98 20-5180-50-00 TMRS Expense 35,400.00 5,400.00 30,000.00 30,000.00 25,278.61 28,000.00 28,681.94 20-5185-50-00 Long Term/Short Term Disabilit 2,520.00 120.00 2,400.00 2,400.00 1,130.33 1,500.00 1,184.01 20-5186-50-00 WELLE-Wellness Prog Reimb-Empl 350.00 350.00 50.00 150.00 20-5190-50-00 Contract Labor 26,000.00 26,000.00 26,000.00 16,000.00 20-5191-50-00 Hiring Cost 500.00 500.00 500.00 500.00 35.00 20-5210-50-00 Office Supplies 1,500.00 1,200.00- 2,700.00 2,700.00 751.96 1,800.00 346.92 20-5212-50-00 Building Supplies 1,200.00 1,200.00 1,200.00 1,498.92 2,000.00 829.44 20-5220-50-00 Office Equipment 2,000.00 300.00- 2,300.00 2,300.00 1,235.80 2,300.00 224.87 20-5230-50-00 Dues,Fees,& Subscriptions 6,000.00 3,750.00 2,250.00 2,250.00 7,678.53 7,700.00 325.00 20-5240-50-00 Postage and Delivery 1,000.00 800.00 200.00 200.00 11.62 50.00 16.33 20-5250-50-00 Publications 100.00 100.00 100.00 285.94 300.00 20-5280-50-00 Printing and Reproduction 7,000.00 2,000.00 5,000.00 5,000.00 5,489.72 5,500.00 2,731.81 20-5310-50-00 Rental Expense 5,000.00 5,000.00 5,000.00 2,000.00 189.20 20-5320-50-00 Repairs & Maintenance 3,500.00 3,200.00 300.00 300.00 4,022.41 4,500.00 823.88 20-5330-50-00 Copier Expense 29.97 20-5340-50-00 Building Repairs 3,000.00 3,000.00 3,000.00 2,619.36 3,000.00 2,566.00 20-5350-50-00 Vehicle Expense 15,000.00 4,000.00 11,000.00 11,000.00 12,353.95 13,000.00 8,547.85 20-5352-50-00 Fuel 22,000.00 5,000.00 17,000.00 17,000.00 22,274.16 26,000.00 20,622.02 20-5353-50-00 Oil/Grease/Inspections 2,400.00 200.00 2,200.00 2,200.00 110.50 500.00 1,104.42 20-5400-50-00 Uniform Expense 7,800.00 1,950.00 5,850.00 5,850.00 2,200.33 2,500.00 3,707.61 20-5410-50-00 Professional Services 5,000.00 5,000.00 5,000.00 3,468.00 5,000.00 3,802.50 20-5412-50-00 Audit Fees 1,000.00 1,000.00 1,000.00 1,000.00 20-5416-50-00 Engineering Fees 2,000.00 2,000.00 2,000.00 2,000.00 20-5418-50-00 IT Fees 15,000.00 15,000.00 15,000.00 18,943.75 19,000.00 20,779.01 20-5419-50-00 IT Licenses 259.80 260.00 20-5430-50-00 Legal Fees 3,600.00 2,100.00 1,500.00 1,500.00 7,872.81 9,000.00 6,583.08 20-5435-50-00 Legal Notices/Filings 326.20 20-5475-50-00 Credit Card Fees 616.42 20-5480-50-00 Contracted Services 25,000.00 21,500.00- 46,500.00 46,500.00 19,079.33 46,500.00 18,604.55 20-5520-50-00 Telephones 4,000.00 1,500.00 2,500.00 2,500.00 5,158.27 5,200.00 5,205.45 . glbase_bw16 mgarrett Town of Prosper Page 38 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 50 Water Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5521-50-00 Cell Phone Expense 7,400.00 2,200.00 5,200.00 5,200.00 2,186.57 3,500.00 1,998.98 20-5524-50-00 Gas-Building 2,000.00 500.00 1,500.00 1,500.00 1,747.78 1,850.00 1,500.29 20-5525-50-00 Electricity 180,000.00 20,000.00- 200,000.00 200,000.00 132,923.63 150,000.00 159,221.45 20-5526-50-00 Data Network 6,800.00 6,800.00 6,800.00 6,353.98 6,800.00 4,093.78 20-5530-50-00 Travel/Lodging/Meals Expense 1,000.00 500.00- 1,500.00 1,500.00 890.80 1,000.00 832.24 20-5533-50-00 Mileage Expense 600.00 650.00- 1,250.00 1,250.00 212.16 500.00 221.50 20-5536-50-00 Training/Seminars 6,000.00 2,000.00 4,000.00 4,000.00 6,091.90 6,400.00 2,106.62 20-5540-50-00 Water Testing 3,000.00 3,000.00- 6,000.00 6,000.00 1,256.00 2,000.00 5,748.00 20-5545-50-00 Meter Purchases 80,000.00 10,000.00 70,000.00 70,000.00 94,206.20 105,000.00 114,745.94 20-5550-50-00 Water Purchases 1,200,000.00 289,000.00 911,000.00 911,000.00 1,027,583.47 1,100,000.00 871,307.63 20-5620-50-00 Tools & Equipment 5,000.00 1,000.00 4,000.00 4,000.00 2,963.41 3,500.00 3,731.85 20-5630-50-00 Safety Equipment 7,000.00 2,450.00 4,550.00 4,550.00 970.22- 5,600.00 4,968.76 20-5640-50-00 Signs & Hardware 1,500.00 1,000.00- 2,500.00 2,500.00 1,024.60 2,500.00 1,885.00 20-5650-50-00 Maintenance Materials 10,000.00 10,000.00 10,000.00 2,994.64 10,000.00 2,685.41 20-5660-50-00 Chemical Supplies 2,000.00 5,000.00- 7,000.00 7,000.00 432.75 2,000.00 1,573.00 20-5670-50-00 System Improvements/Repairs 50,000.00 14,000.00- 64,000.00 64,000.00 43,210.30 64,000.00 45,425.45 20-5910-50-00 Depreciation Expense 622,867.51 20-5911-50-00 Amortization Expense 16,546.93 20-6110-50-00 Capital Expenditure 3,000.00 3,000.00 3,000.00 3,000.00 20-6140-50-00 Capital Expenditure - Equipmen 12,000.00- 12,000.00 12,000.00 12,000.00 3,998.74 20-6160-50-00 Capital Expenditure - Vehicles 25,000.00 25,000.00 20-6180-50-00 01 Bond Payment 66,300.00 66,300.00 66,300.00 66,298.65 66,300.00 28,273.58 20-6185-50-00 96 Bond Payment 71,705.00 71,705.00 71,705.00 71,705.00 71,705.00 24,817.50 20-6190-50-00 98 CO Bond Payment 63,925.00 63,925.00 63,925.00 63,922.50 63,925.00 20,790.00 20-6197-50-00 04 CO Bond Payment 539,155.00 539,155.00 539,155.00 539,152.00 539,155.00 247,132.00 20-6198-50-00 06 CO Bond Payment 492,635.00 492,635.00 492,635.00 492,633.72 492,635.00 250,710.22 20-6199-50-00 08 CO Bond Payment 119,745.00 119,745.00 119,745.00 119,745.00 119,745.00 202,778.82 20-6200-50-00 Bond Administrative Fees 1,778.00 1,778.00 323.25 20-7143-50-00 Transfer to Internal Serv. Fd 2,160.00 2,565.00- 4,725.00 4,725.00 4,725.00 20-7146-50-00 Transfer From Capital Proj Fd 36,256.60- 20-7147-50-00 Transfer to GF 340,750.00 81,750.00 259,000.00 259,000.00 259,000.00 259,000.00 219,843.00 Subtotal: 3,932,030.00 438,520.00 3,493,510.00 3,493,510.00 3,411,416.47 3,662,933.00 3,312,840.34 Program number: 3,932,030.00 438,520.00 3,493,510.00 3,493,510.00 3,411,416.47 3,662,933.00 3,312,840.34 Department number: Water 3,932,030.00 438,520.00 3,493,510.00 3,493,510.00 3,411,416.47 3,662,933.00 3,312,840.34 . glbase_bw16 mgarrett Town of Prosper Page 39 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 55 Sewer Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5110-55-00 Salaries & Wages 100,000.00 30,000.00 70,000.00 70,000.00 64,465.81 70,000.00 69,684.79 20-5115-55-00 Salaries - Overtime 12,000.00 600.00- 12,600.00 12,600.00 6,050.83 7,500.00 7,957.23 20-5126-55-00 Salaries-Vacation Buy-Out 150.00 1,190.00- 1,340.00 1,340.00 356.80 20-5140-55-00 Salaries - Longevity Pay 390.00 120.00 270.00 270.00 270.00 270.00 95.00 20-5141-55-00 Salary-Incentive 3,100.00 20-5145-55-00 Social Security Expense 7,100.00 1,850.00 5,250.00 5,250.00 4,353.41 4,900.00 5,037.97 20-5150-55-00 Medicare Expense 1,680.00 430.00 1,250.00 1,250.00 1,018.14 1,150.00 1,134.55 20-5155-55-00 SUTA Expense 810.00 430.00 380.00 380.00 144.00 160.00 378.00 20-5160-55-00 Health Insurance 13,170.00 5,130.00 8,040.00 8,040.00 7,424.06 8,400.00 8,003.60 20-5165-55-00 Dental Insurance 900.00 250.00 650.00 650.00 609.12 665.00 624.30 20-5170-55-00 Life Insurance/AD&D 285.00 85.00 200.00 200.00 181.72 200.00 206.50 20-5175-55-00 Liability (TML) Workers' Comp 4,000.00 1,000.00 3,000.00 3,000.00 2,150.23 2,400.00 3,318.60 20-5180-55-00 TMRS Expense 11,400.00 2,500.00 8,900.00 8,900.00 7,078.67 7,900.00 8,099.11 20-5185-55-00 Long Term/Short Term Disabilit 1,080.00 120.00 960.00 960.00 312.29 480.00 336.12 20-5186-55-00 WELLE-Wellness Prog Reimb-Empl 150.00 150.00 20-5191-55-00 Hiring Cost 200.00 200.00 200.00 20-5193-55-00 Records Retention 1,000.00- 1,000.00 1,000.00 500.00 20-5210-55-00 Office Supplies 500.00 350.00- 850.00 850.00 969.37 1,000.00 443.39 20-5212-55-00 Building Supplies 400.00 400.00 400.00 300.86 400.00 179.52 20-5220-55-00 Office Equipment 1,000.00 1,000.00 1,000.00 698.99 1,000.00 20-5230-55-00 Dues,Fees,& Subscriptions 500.00 500.00- 1,000.00 1,000.00 15.00 300.00 114.83 20-5240-55-00 Postage and Delivery 900.00 900.00 900.00 129.36 250.00 281.33 20-5250-55-00 Publications 100.00 100.00- 200.00 200.00 100.00 20-5260-55-00 Advertising 600.00 600.00 600.00 200.00 20-5280-55-00 Printing and Reproduction 1,000.00 500.00- 1,500.00 1,500.00 500.00 20-5310-55-00 Rental Expense 10,500.00 10,500.00 10,500.00 6,000.00 20-5320-55-00 Repairs & Maintenance 400.00 100.00 300.00 300.00 177.78 300.00 50.40 20-5335-55-00 Radio/Video Repairs 9,000.00 2,000.00 7,000.00 7,000.00 12,622.82 13,000.00 1,462.28 20-5340-55-00 Building Repairs 2,000.00 500.00- 2,500.00 2,500.00 2,500.00 195.44 20-5350-55-00 Vehicle Expense 6,000.00 800.00 5,200.00 5,200.00 2,892.57 5,200.00 168.00- 20-5352-55-00 Fuel 7,000.00 1,000.00 6,000.00 6,000.00 5,757.68 6,000.00 3,068.27 20-5353-55-00 Oil/Grease/Inspections 1,500.00 1,500.00 1,500.00 500.00 85.79 20-5400-55-00 Uniform Expense 3,200.00 1,150.00 2,050.00 2,050.00 703.80 2,000.00 1,521.92 20-5410-55-00 Professional Services 3,687.62 4,000.00 2,962.50 20-5412-55-00 Audit Fees 500.00 500.00 500.00 500.00 20-5416-55-00 Engineering Fees 1,500.00 1,500.00 1,500.00 1,500.00 20-5418-55-00 IT Fees 3,700.00 3,700.00 3,700.00 800.00 382.50 20-5430-55-00 Legal Fees 500.00 500.00 500.00 500.00 20-5480-55-00 Contracted Services 11,500.00 6,500.00 5,000.00 5,000.00 3,416.64 7,000.00 27,634.95 20-5520-55-00 Telephones 500.00 700.00- 1,200.00 1,200.00 1,019.11 20-5521-55-00 Cell Phone Expense 1,800.00 600.00 1,200.00 1,200.00 1,824.78 2,200.00 1,748.92 20-5524-55-00 Gas - Building 8.00 592.00- 600.00 600.00 292.39 400.00 605.59 20-5525-55-00 Electricity 55,000.00 5,000.00- 60,000.00 60,000.00 44,070.21 50,000.00 50,884.19 . glbase_bw16 mgarrett Town of Prosper Page 40 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 55 Sewer Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5530-55-00 Travel/Lodging/Meals Expense 800.00 200.00- 1,000.00 1,000.00 500.00 38.35 20-5533-55-00 Mileage Expense 500.00 300.00- 800.00 800.00 200.00 20-5536-55-00 Training/Seminars 3,600.00 1,500.00 2,100.00 2,100.00 422.00 3,000.00 268.53 20-5540-55-00 Water Testing 500.00 500.00- 1,000.00 1,000.00 500.00 20-5560-55-00 Sewer Management Fees 1,160,000.00 135,150.00 1,024,850.00 1,024,850.00 924,843.40 1,054,850.00 774,413.85 20-5620-55-00 Tools & Equipment 4,000.00 300.00 3,700.00 3,700.00 229.77 3,700.00 4,183.61 20-5630-55-00 Safety Equipment 6,500.00 700.00 5,800.00 5,800.00 418.00- 6,300.00 1,642.55 20-5640-55-00 Signs & Hardware 1,000.00 500.00- 1,500.00 1,500.00 210.00 1,500.00 472.18 20-5650-55-00 Maintenance Materials 7,000.00 1,000.00 6,000.00 6,000.00 2,187.22 6,000.00 159.72 20-5660-55-00 Chemical Supplies 2,000.00 600.00 1,400.00 1,400.00 769.56 1,400.00 1,389.91 20-5670-55-00 System Improvements/Repairs 30,000.00 1,500.00 28,500.00 28,500.00 6,092.67 28,000.00 28,122.94 20-5680-55-00 Lift Station Expense 30,000.00 5,000.00 25,000.00 25,000.00 58,329.60 60,000.00 21,492.00 20-6140-55-00 Capital Expenditure - Equipmen 7,691.18 8,000.00 7,279.20 20-7147-55-00 Transfer to GF 164,500.00 51,500.00 113,000.00 113,000.00 113,000.00 113,000.00 89,030.00 Subtotal: 1,683,323.00 238,933.00 1,444,390.00 1,444,390.00 1,284,975.55 1,497,625.00 1,129,298.34 Program number: 1,683,323.00 238,933.00 1,444,390.00 1,444,390.00 1,284,975.55 1,497,625.00 1,129,298.34 Department number: Sewer 1,683,323.00 238,933.00 1,444,390.00 1,444,390.00 1,284,975.55 1,497,625.00 1,129,298.34 . glbase_bw16 mgarrett Town of Prosper Page 41 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 57 Utility Billing Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5110-57-00 Salaries & Wages 63,550.00 1,550.00 62,000.00 62,000.00 57,206.32 62,000.00 59,312.11 20-5115-57-00 Salaries - Overtime 3,000.00 3,000.00 3,000.00 3,590.81 3,700.00 2,492.32 20-5126-57-00 Salaries-Vacation Buy-Out 750.00 440.00- 1,190.00 1,190.00 330.80 20-5140-57-00 Salaries - Longevity Pay 595.00 120.00 475.00 475.00 475.00 475.00 355.00 20-5141-57-00 Salary-Incentive 3,200.00 20-5145-57-00 Social Security Expense 3,900.00 150.00 3,750.00 3,750.00 3,702.22 3,900.00 3,920.29 20-5150-57-00 Medicare Expense 925.00 50.00 875.00 875.00 865.81 910.00 881.71 20-5155-57-00 SUTA Expense 540.00 210.00 330.00 330.00 127.77 140.00 333.06 20-5160-57-00 Health Insurance 7,700.00 665.00 7,035.00 7,035.00 6,728.39 7,520.00 7,229.46 20-5165-57-00 Dental Insurance 525.00 40.00- 565.00 565.00 537.24 585.00 548.68 20-5170-57-00 AD&D/Life Insurance 165.00 10.00- 175.00 175.00 160.29 190.00 181.45 20-5175-57-00 Liability (TML) Workers' Comp 185.00 35.00- 220.00 220.00 157.36 200.00 160.48 20-5180-57-00 TMRS Expense 6,350.00 6,350.00 6,350.00 6,143.22 6,420.00 6,420.19 20-5185-57-00 Long Term/Short Term Disabilit 630.00 220.00- 850.00 850.00 245.20 325.00 249.90 20-5186-57-00 WELLE-Wellness Prog Reimb-Empl 100.00 100.00 160.00 160.00 20-5190-57-00 Contract Labor 200.00 400.00- 600.00 600.00 20-5210-57-00 Office Supplies 1,500.00 1,000.00 500.00 500.00 472.94 1,000.00 990.38 20-5212-57-00 Building Supplies 50.00- 50.00 50.00 43.11 20-5220-57-00 Office Equipment 3,000.00 3,000.00 3,000.00 567.18 2,000.00 20-5240-57-00 Postage and Delivery 20,000.00 2,000.00 18,000.00 18,000.00 14,459.91 18,000.00 14,278.72 20-5280-57-00 Printing and Reproduction 1,000.00 2,500.00- 3,500.00 3,500.00 81.71 150.00 554.43 20-5400-57-00 Uniform Expense 115.00 15.00 100.00 100.00 112.87 115.00 20-5415-57-00 Tuition Reimbursement 3,000.00 5,400.00- 8,400.00 8,400.00 1,657.76 2,000.00 20-5418-57-00 IT Fees 8,000.00 12,000.00- 20,000.00 20,000.00 9,246.79 12,000.00 6,095.72 20-5419-57-00 IT Licenses 1,143.00 1,250.00 20-5470-57-00 Trash Collection 632,000.00 101,000.00 531,000.00 531,000.00 432,222.76 578,000.00 524,375.80 20-5479-57-00 Household Haz. Waste Disposal 2,000.00 10,000.00- 12,000.00 12,000.00 1,585.00 1,800.00 300.00 20-5480-57-00 Contracted Services 10,000.00 400.00 9,600.00 9,600.00 7,435.80 9,600.00 8,502.64 20-5520-57-00 Telephones 800.00 300.00 500.00 500.00 664.30 750.00 429.00 20-5530-57-00 Travel/Lodging/Meals Expense 600.00 375.00 225.00 225.00 9.71 50.00 12.74 20-5533-57-00 Mileage Expense 1,400.00 900.00 500.00 500.00 412.82 450.00 400.74 20-5536-57-00 Training/Seminars 1,100.00 400.00- 1,500.00 1,500.00 888.16 1,000.00 199.00 20-6140-57-00 Capital Expenditure - Equipmen 5,918.69 8,000.00 20-7147-57-00 Transfer to GF 67,300.00 21,300.00 46,000.00 46,000.00 46,000.00 46,000.00 34,250.00 Subtotal: 840,930.00 98,640.00 742,290.00 742,290.00 602,979.03 768,690.00 676,047.73 Program number: 840,930.00 98,640.00 742,290.00 742,290.00 602,979.03 768,690.00 676,047.73 Department number: Utility Billing Department 840,930.00 98,640.00 742,290.00 742,290.00 602,979.03 768,690.00 676,047.73 Expense Subtotal ------- 6,456,283.00 776,093.00 5,680,190.00 5,680,190.00 5,299,371.05 5,929,248.00 5,118,186.41 . glbase_bw16 mgarrett Town of Prosper Page 42 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 57 Utility Billing Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Fund number: 20 Water/Sewer 87,317.00- 186,997.00- 99,680.00 99,680.00 819,825.37- 839,952.00- 236,068.65- . glbase_bw16 mgarrett Town of Prosper Page 43 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 30 Interest and Sinking Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 30-4105-10-00 Property Taxes -Delinquent 25,000.00- 5,000.00 30,000.00- 30,000.00- 22,063.43- 23,000.00- 59,602.83- 30-4110-10-00 Property Taxes -Current 2,474,667.00- 358,539.00- 2,116,128.00- 2,116,128.00- 2,100,852.69- 2,116,128.00- 2,113,870.16- 30-4115-10-00 Taxes -Penalties 15,000.00- 15,000.00- 15,000.00- 14,311.35- 15,000.00- 31,100.02- 30-4610-10-00 Interest Income 16,000.00- 8,000.00 24,000.00- 24,000.00- 15,551.18- 15,900.00- 29,627.93- Subtotal: 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- Program number: 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- Department number: Administrative 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- Revenue Subtotal ------- 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- . glbase_bw16 mgarrett Town of Prosper Page 44 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 30 Interest and Sinking Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 30-6180-10-00 01 Bond Payment 134,620.00 13.00 134,607.00 134,607.00 134,606.35 134,607.00 134,453.92 30-6191-10-00 2010 Tax Note Payment 334,491.00 334,491.00 30-6197-10-00 04 CO Bond Payment 330,600.00 152.00 330,448.00 330,448.00 330,448.00 330,448.00 331,968.00 30-6198-10-00 2006 Bond Payment 454,445.00 294.00- 454,739.00 454,739.00 454,738.80 454,739.00 454,624.80 30-6199-10-00 2008 CO Bond Payment 1,079,652.00 1,947.00 1,077,705.00 1,077,705.00 1,077,705.00 1,077,705.00 1,160,287.29 30-6200-10-00 Bond Administrative Fees 3,000.00 3,000.00 3,000.00 1,023.25 3,000.00 2,478.00 30-7149-10-00 Transfer from Debt Service Fd 402,172.06 Subtotal: 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Program number: 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Department number: Administrative 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Expense Subtotal ------- 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Fund number: 30 Interest and Sinking 193,859.00- 9,230.00- 184,629.00- 184,629.00- 154,257.25- 169,529.00- 251,783.13 . glbase_bw16 mgarrett Town of Prosper Page 45 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 40 Internal Service Fund Department: 10 General Fund Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 40-4610-10-00 Interest Income 500.00- 500.00- 500.00- 523.50- 550.00- 701.94- 40-4995-10-00 Transfer In 81,800.00- 10,790.00- 71,010.00- 71,010.00- 34,290.00- 71,010.00- 64,959.72- Subtotal: 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- Program number: 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- Department number: General Fund 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- Revenue Subtotal ------- 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- . glbase_bw16 mgarrett Town of Prosper Page 46 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 40 Internal Service Fund Department: 10 General Fund Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 40-5160-10-00 MERP H & D Expense - GF 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Subtotal: 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Program number: 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Department number: General Fund 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Expense Subtotal ------- 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Fund number: 40 Internal Service Fund 32,300.00- 10,790.00- 21,510.00- 21,510.00- 440.17 26,560.00- 19,734.25- . glbase_bw16 mgarrett Town of Prosper Page 47 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 45 Storm Drainage Utility Fund Department: 10 Administration Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 45-4001-10-00 Storm Drainage Utility Fee 235,000.00- 67,000.00- 168,000.00- 168,000.00- 175,563.58- 190,500.00- 150,690.51- 45-4610-10-00 Interest Storm Utility 1,000.00- 800.00- 200.00- 200.00- 2,047.78- 2,075.00- 528.03- 45-4910-10-00 Other Revenue 500.00 500.00- 500.00- 730.82- Subtotal: 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- Program number: 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- Department number: Administration 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- Revenue Subtotal ------- 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- . glbase_bw16 mgarrett Town of Prosper Page 48 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 45 Storm Drainage Utility Fund Department: 10 Administration Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 45-5110-10-00 Salaries 27,710.00 27,710.00 45-5115-10-00 Salaries-Overtime 2,000.00 2,000.00 45-5145-10-00 Social Security Expense 1,750.00 1,750.00 45-5150-10-00 Medicare Expense 425.00 425.00 45-5155-10-00 SUTA Expense 270.00 270.00 45-5160-10-00 Health Insurance 4,390.00 4,390.00 45-5165-10-00 Dental Expense 300.00 300.00 45-5170-10-00 Life Ins/AD&D 95.00 95.00 45-5175-10-00 Liability (TML) Workers Comp 3,420.00 3,420.00 45-5180-10-00 TMRS Expense 2,770.00 2,770.00 45-5185-10-00 Long Tern/Short Term Disabilit 360.00 360.00 45-5186-10-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 45-5191-10-00 Hiring Cost 200.00 200.00 45-5210-10-00 Office Supplies 200.00 200.00 45-5220-10-00 Office Equipment 400.00 400.00 45-5250-10-00 Publications 50.00 50.00 45-5310-10-00 Rental Expense 6,000.00 6,000.00 45-5320-10-00 Repairs & Maiantenance 1,000.00 1,000.00 66,293.80 45-5340-10-00 Building Repairs 1,000.00 1,000.00 45-5350-10-00 Vehicle Expense 1,500.00 1,500.00 45-5352-10-00 Fuel 2,000.00 2,000.00 45-5353-10-00 Oil/Grease/Inspections 400.00 400.00 45-5400-10-00 Uniforms 1,200.00 1,200.00 45-5410-10-00 Professional Services-Storm Dr 140,000.00- 140,000.00 140,000.00 11,303.36 60,000.00 31,086.00 45-5435-10-00 Legal Notices/Filings 7,209.22 7,500.00 45-5480-10-00 Contract Services 30,000.00 30,000.00 1,888.78 2,000.00 5,198.18 45-5520-10-00 Telephones 200.00 200.00 45-5521-10-00 Cell Phone Expense 400.00 400.00 45-5530-10-00 Travel/Lodging/Meals Expense 200.00 200.00 45-5536-10-00 Training/Seminars 800.00 800.00 45-5620-10-00 Toosl & Equipment 1,500.00 1,500.00 45-5630-10-00 Safety Equipment 1,000.00 1,000.00 45-5640-10-00 Signs & Hardware 1,200.00 1,200.00 45-5650-10-00 Maintenance Materials 3,000.00 3,000.00 172.20 45-6110-10-00 Capital Expenditure 10,000.00- 10,000.00 10,000.00 10,000.00 428.16 45-6140-10-00 Capital Expenditure 10,000.00 10,000.00 45-6160-10-00 Capital Expense-Vehicles 24,000.00 24,000.00 45-7143-10-00 Transfer to Internal Serv. Fd 240.00 240.00 45-7147-10-00 Transfer to GF 14,160.00 2,760.00 11,400.00 11,400.00 11,400.00 11,400.00 Subtotal: 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 Program number: 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 . glbase_bw16 mgarrett Town of Prosper Page 49 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 45 Storm Drainage Utility Fund Department: 10 Administration Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Administration 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 Expense Subtotal ------- 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 Fund number: 45 Storm Drainage Utility Fund 91,810.00- 84,510.00- 7,300.00- 7,300.00- 79,344.00- 101,675.00- 115,237.02- . glbase_bw16 mgarrett Town of Prosper Page 50 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 60 Parks & Recreation Fund Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 60-4045-60-00 Park Dedication-Fees 75,000.00- 45,000.00 120,000.00- 120,000.00- 141,788.76- 60-4055-60-00 Park Improvement 50,000.00- 50,000.00 100,000.00- 100,000.00- 554,400.00- 60-4530-60-00 Contributions 2,850.00- 2,900.00- 60-4615-60-00 Interest-Park Dedication 2,500.00- 2,500.00 5,000.00- 5,000.00- 4,763.09- 5,000.00- 7,001.05- 60-4620-60-00 Interest-Park Improvements 1,300.00- 1,700.00 3,000.00- 3,000.00- 2,662.09- 3,000.00- 7,810.43- Subtotal: 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- Program number: 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- Department number: Parks and Recreation 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- Revenue Subtotal ------- 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- . glbase_bw16 mgarrett Town of Prosper Page 51 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 60 Parks & Recreation Fund Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 60-5290-60-00 Miscellaneous Expense 21,076.16 22,000.00 60-5411-60-00 Professional Services-Pk Imp 20,000.00 9,000.00 11,000.00 11,000.00 800.00 2,000.00 22,614.02 60-6002-60-00 Pk Imp'ment fee-Expense 38,435.05 39,000.00 596.15 60-6120-60-00 Capital Exp-Pk Improvements 600,000.00 410,000.00 190,000.00 190,000.00 377,396.58 378,000.00 347,048.08 60-6140-60-00 Capital Exp-Pk Dedication 1,000,000.00 1,000,000.00 Subtotal: 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Program number: 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Department number: Parks and Recreation 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Expense Subtotal ------- 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Fund number: 60 Parks & Recreation Fund 1,491,200.00 1,518,200.00 27,000.00- 27,000.00- 427,432.61 430,100.00 340,741.99- . glbase_bw16 mgarrett Town of Prosper Page 52 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 65 Impact Fees Department: 99 Impact Fees Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 65-4015-99-00 Impact Fees -Water 400,000.00- 200,000.00- 200,000.00- 200,000.00- 412,586.00- 413,000.00- 276,637.00- 65-4020-99-00 Impact Fees -Sewer 350,000.00- 200,000.00- 150,000.00- 150,000.00- 346,144.00- 346,200.00- 269,095.00- 65-4040-99-00 Thoroughfare Impact Fees 550,000.00- 250,000.00- 300,000.00- 300,000.00- 636,339.76- 636,500.00- 1,978,379.15- 65-4615-99-00 Interest-Water Impact Fee 2,000.00- 8,000.00 10,000.00- 10,000.00- 4,470.85- 5,000.00- 4,088.28- 65-4620-99-00 Interest-Sewer Impact Fee 2,000.00- 4,000.00 6,000.00- 6,000.00- 3,108.16- 3,200.00- 2,876.92- 65-4640-99-00 Interest-Thorfare Imp Fee 6,000.00- 3,000.00 9,000.00- 9,000.00- 20,425.74- 21,000.00- 39,095.19- Subtotal: 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- Program number: 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- Department number: Impact Fees 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- Revenue Subtotal ------- 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- . glbase_bw16 mgarrett Town of Prosper Page 53 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 65 Impact Fees Department: 99 Impact Fees Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 65-5315-99-00 TF Reimbursement 40,712.30 65-5415-99-00 Professional Serv-Water Imp Fe 610,000.00 610,000.00 21,346.45 30,000.00 65-5420-99-00 Professional Serv-Sewer Imp Fe 255,000.00 255,000.00 106,770.21 110,000.00 74,260.82 65-5440-99-00 Professional Serv-Thorfare Imp 60,000.00 60,000.00 31,154.98 32,000.00 13,566.96 65-6115-99-00 Capital Expenditure-Water 978,000.00 978,000.00 65-6120-99-00 Capital Expenditure-Sewer 950,000.00 650,000.00 300,000.00 300,000.00 300,000.00 252,498.00 65-6140-99-00 Capital Expenditure-Thorofare 2,700,000.00 1,700,000.00 1,000,000.00 1,000,000.00 233,809.00 600,000.00 146,804.00 Subtotal: 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Program number: 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Department number: Impact Fees 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Expense Subtotal ------- 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Fund number: 65 Impact Fees 4,243,000.00 3,618,000.00 625,000.00 625,000.00 1,029,993.87- 352,900.00- 2,042,329.46- . glbase_bw16 mgarrett Town of Prosper Page 54 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 67 Special Revenue-Donations Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 67-4510-10-00 Grants 2,000.00- 2,000.00- 2,000.00- 3,553.08- 67-4530-10-00 Police Donation Inc 16,000.00- 16,000.00- 16,000.00- 14,832.74- 16,000.00- 16,639.00- 67-4531-10-00 Fire Dept-Donation Inc 12,000.00- 12,000.00- 12,000.00- 14,213.00- 15,000.00- 12,427.00- 67-4532-10-00 Safety Fair Donations 2,000.00- 2,000.00- 2,000.00- 1,336.00- 2,000.00- 5,300.00 67-4535-10-00 Child Safety Inc 3,000.00- 3,000.00- 3,000.00- 5,530.41- 5,550.00- 3,688.69- 67-4536-10-00 Court Security Revenue 2,900.00- 2,900.00- 2,900.00- 3,253.60- 3,300.00- 3,342.00- 67-4537-10-00 Technology Fd Revenue 4,000.00- 4,000.00- 4,000.00- 3,781.56- 4,000.00- 4,287.44- 67-4721-10-00 Country Xmas Donations 10,000.00- 10,000.00- 10,000.00- 16,124.78- 16,200.00- 11,907.99- 67-4915-10-00 Escrow Income 52,312.33- 52,315.00- 204,565.15- 67-4916-10-00 Cash Seizure Forfeit-PD 500.00- 500.00- 500.00- 7,094.90- 7,100.00- Subtotal: 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- Program number: 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- Department number: Administrative 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- Revenue Subtotal ------- 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- . glbase_bw16 mgarrett Town of Prosper Page 55 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 67 Special Revenue-Donations Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 67-5202-10-00 Country Xmas Expense 10,000.00 10,000.00 10,000.00 22,600.33 25,000.00 20,413.70 67-5203-10-00 Court Technology Expense 12,200.00 12,200.00 12,200.00 14,422.07 14,500.00 1,847.59 67-5204-10-00 Court Security Expense 2,500.00 2,500.00 2,500.00 1,274.50 2,500.00 1,364.35 67-5205-10-00 Police Donation Exp 8,000.00 8,000.00 8,000.00 24,415.23 25,000.00 15,931.04 67-5206-10-00 Fire Dept Donation Exp 8,000.00 8,000.00 8,000.00 16,246.11 16,500.00 21,985.66 67-5207-10-00 Health & Safety Fair Exp 1,500.00 1,500.00 1,500.00 1,500.00 67-5208-10-00 Child Safety Expense 1,000.00 1,000.00 1,000.00 1,628.39 1,700.00 1,093.41 67-5209-10-00 Escrow Expense 15,500.00 15,500.00 15,500.00 67-5290-10-00 Miscellaneous Expense 3,188.00 3,200.00 67-5291-10-00 Special Operations 500.00 500.00 500.00 15.29 67-7147-10-00 Transfer to G F 248,847.34 248,848.00 Subtotal: 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Program number: 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Department number: Administrative 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Expense Subtotal ------- 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Fund number: 67 Special Revenue-Donations 6,800.00 6,800.00 6,800.00 214,142.65 217,283.00 192,459.31- . glbase_bw16 mgarrett Town of Prosper Page 56 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 75 Capital Projects Department: 10 Capital Projects Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 75-4510-10-00 Grants 235,000.00- 235,000.00- 235,000.00- 1,108,856.50- 1,108,860.00- 1,138,331.50- 75-4611-10-00 Interest-2004 Bond 1,000.00- 1,000.00 2,000.00- 2,000.00- 3,603.23- 3,640.00- 8,659.29- 75-4612-10-00 Interest-2006 Bond 1,000.00- 2,000.00 3,000.00- 3,000.00- 1,196.47- 1,220.00- 4,937.59- 75-4613-10-00 Interest 2008 Bond 5,000.00- 45,000.00 50,000.00- 50,000.00- 22,357.84- 23,000.00- 121,238.94- 75-4995-10-00 Transfer In 402,172.06- 75-4999-10-00 Bond Proceeds 2,045,000.00- 2,045,000.00- Subtotal: 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- Program number: 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- Department number: Capital Projects 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- Revenue Subtotal ------- 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- . glbase_bw16 mgarrett Town of Prosper Page 57 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 75 Capital Projects Department: 10 Capital Projects Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 75-5110-10-00 Salaries & Wages 91,000.00 3,900.00 87,100.00 87,100.00 82,800.00 88,500.00 87,770.00 75-5141-10-00 Salary - Incentive 500.00 75-5145-10-00 Social Security Expense 5,650.00 250.00 5,400.00 5,400.00 5,133.60 5,400.00 5,511.79 75-5150-10-00 Medicare Expense 1,325.00 50.00 1,275.00 1,275.00 1,200.60 1,275.00 1,240.87 75-5155-10-00 SUTA Expense 360.00 360.00 360.00 72.00 75.00 189.00 75-5175-10-00 Liability (TML) Workers' Comp 823.00 75-5412-10-00 Professional Serv-2006 Bond 5,644.56 75-5413-10-00 Professional Serv-2008 Bond 5,600.00 6,000.00 477.00 75-5521-10-00 Cell Phone Expense 650.00 650.00 650.00 832.96 950.00 559.26 75-5533-10-00 Mileage Expense 600.00 600.00 600.00 3,820.34 4,250.00 3,015.30 75-5534-10-00 Project Mgr Expense 1,500.00 1,500.00 1,500.00 75-6111-10-00 Capital Expenditures-2004 Bond 400,000.00 400,000.00 400,000.00 20,000.00 260,353.41 75-6112-10-00 Capital Expenditures-2006 Bond 500,000.00 1,500,000.00- 2,000,000.00 2,000,000.00 172,765.02 250,000.00 1,117,540.38 75-6113-10-00 Capital Expenditure 2008 Bond 3,500,000.00 500,000.00- 4,000,000.00 4,000,000.00 2,029,180.94 2,100,000.00 11,013,699.64 75-6114-10-00 Expenditures 2010 Tax Note 785,947.82 800,000.00 75-6210-10-00 Bond Cost 47,045.00 47,045.00 75-7142-10-00 Transfer to W/S 36,256.60 75-7147-10-00 Transfer to GF 1,144,188.04 Subtotal: 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Program number: 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Department number: Capital Projects 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Expense Subtotal ------- 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Fund number: 75 Capital Projects 4,259,085.00 1,947,800.00- 6,206,885.00 6,206,885.00 46,615.76- 141,775.00 12,002,429.47 . glbase_bw16 mgarrett Town of Prosper Page 58 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 80 Economic Development Corporati Department: 65 Economic Development Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 80-4120-65-00 Sales Taxes - EDC 376,667.00- 10,000.00- 366,667.00- 366,667.00- 335,120.70- 376,667.00- 434,581.36- 80-4610-65-00 Interest Income 20,000.00- 20,000.00- 20,000.00- 18,501.00- 20,000.00- 32,327.62- 80-4910-65-00 Other Revenue 58,041.02- Subtotal: 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- Program number: 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- Department number: Economic Development 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- Revenue Subtotal ------- 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- . glbase_bw16 mgarrett Town of Prosper Page 59 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 80 Economic Development Corporati Department: 65 Economic Development Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 80-5110-65-00 Salaries & Wages 26,320.00 1,820.00 24,500.00 24,500.00 25,017.42 26,500.00 120,490.40 80-5115-65-00 Salaries - Overtime 48.27 80-5140-65-00 Salaries - Longevity Pay 265.00 80-5141-65-00 Salary-Incentive 5,500.00 5,500.00 80-5145-65-00 Social Security Expense 1,700.00 200.00 1,500.00 1,500.00 1,582.07 1,650.00 7,403.70 80-5150-65-00 Medicare Expense 400.00 50.00 350.00 350.00 442.50 470.00 1,731.50 80-5155-65-00 SUTA Expense 270.00 225.00 45.00 45.00 72.00 75.00 235.58 80-5160-65-00 Health Insurance 448.22 450.00 2,348.03 80-5165-65-00 Dental Insurance 193.44 80-5170-65-00 Life Insurance/AD&D 66.08 80-5175-65-00 Liability (TML) Workers' Comp 65.00 5.00 60.00 60.00 125.00 125.00 329.94 80-5176-65-00 TML Prop. & Liab Insurance 750.00 750.00 750.00 810.50 825.00 905.36 80-5180-65-00 TMRS Expense 2,720.00 170.00 2,550.00 2,550.00 3,051.73 3,150.00 11,664.18 80-5185-65-00 Long Term/Short Term Disabilit 296.20 80-5189-65-00 Administrative Fees 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 8,000.00 80-5190-65-00 Contract Labor 1,800.00 1,800.00 1,800.00 2,009.61 2,010.00 2,025.00 80-5210-65-00 Office Supplies 2,000.00 2,000.00 2,000.00 1,156.11 1,500.00 1,346.92 80-5212-65-00 Building Supplies 500.00 500.00 500.00 281.45 500.00 103.60 80-5220-65-00 Office Equipment 1,000.00 1,000.00 1,000.00 282.99 650.00 80-5230-65-00 Dues,Fees,& Subscriptions 2,500.00 2,500.00 2,500.00 2,406.90 2,500.00 2,229.75 80-5240-65-00 Postage and Delivery 500.00 500.00 500.00 130.28 300.00 88.26 80-5265-65-00 Promotional Expense 20,000.00 20,000.00 20,000.00 5,434.29 20,000.00 15,528.79 80-5310-65-00 Rental Expense 27,500.00 27,500.00 27,500.00 27,073.38 27,500.00 27,461.90 80-5330-65-00 Copier Expense 1,000.00 1,000.00 1,000.00 884.92 1,000.00 729.95 80-5340-65-00 Building Repairs 500.00 500.00 500.00 875.27 950.00 450.00 80-5410-65-00 Professional Services 25,000.00 25,000.00 25,000.00 500.00 25,000.00 2,313.26 80-5412-65-00 Audit Fees 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 80-5418-65-00 IT Fees 4,000.00 4,000.00 4,000.00 1,638.24 4,000.00 3,563.49 80-5430-65-00 Legal Fees 10,000.00 10,000.00 10,000.00 580.90 10,000.00 10,665.10 80-5520-65-00 Telephones 4,800.00 4,800.00 4,800.00 4,218.29 4,800.00 4,991.63 80-5521-65-00 Cell Phone Expense 884.82 80-5524-65-00 Gas-Building 500.00 500.00 500.00 291.74 500.00 474.03 80-5525-65-00 Electricity 2,000.00 2,000.00 2,000.00 1,989.96 2,200.00 1,966.88 80-5530-65-00 Travel/Lodging/Meals Expense 4,000.00 4,000.00 4,000.00 386.47 4,000.00 4,397.83 80-5533-65-00 Mileage Expense 2,000.00 2,000.00 2,000.00 714.94 2,000.00 746.65 80-5536-65-00 Training/Seminars 2,500.00 2,500.00 2,500.00 2,076.00 2,500.00 3,295.00 80-6015-65-00 Leverage Fund Principal 57,419.42 80-7143-65-00 Transfer to Internal Serv. Fd 540.00 Subtotal: 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 Program number: 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 . glbase_bw16 mgarrett Town of Prosper Page 60 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 80 Economic Development Corporati Department: 65 Economic Development Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Economic Development 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 Expense Subtotal ------- 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 Fund number: 80 Economic Development Corporati 236,442.00- 7,530.00- 228,912.00- 228,912.00- 247,740.52- 230,112.00- 228,250.04- ******* End of Report ********* Page 1 of 1 To: Mayor and Town Council From: Matthew B. Garrett, Finance Director CC: Mike Land, Town Manager Re: Town Council Meeting – September 13, 2011 Date: September 8, 2011 Agenda Item: Consider and act upon an ordinance adopting the Town of Prosper 2011 Property Tax Rate. Description of Agenda Item: This item is to adopt the 2011 tax rate to generate sufficient revenues as required in the Adopted 2011-2012 Budget. The attached ordinance sets the ad valorem tax rate for 2011-2012 at 0.52 cents per $100 assessed valuation, to be distributed as follows: $0.316937 for Maintenance and Operations $0.203063 for Debt Service Totaling $0.520000 Total Tax Rate Budget Impact: Rate as included in the Proposed Budget for FY2011-2012. Legal Obligations and Review: N/A Attached Documents: Ordinance Adopting the Town of Prosper 2011 Property Tax Rate Board/Committee Recommendation: N/A Town Staff Recommendation: Town staff recommends that the Town Council approve the ordinance adopting the Fiscal Year 2011 tax rate using the language below. Please make your motion in this form “I move to approve the ordinance setting the 2011 property tax rates, adopting of a total tax rate of fifty-two (52) cents per $100 assessed valuation, which is the current rate and less than both the effective and rollback tax rates. This includes 31.6937 cents for Maintenance and Operations and 20.3063 cents for Debt Service.” Prosper is a place where everyone matters. Administration Page 1 of 2 ORDINANCE NO. 11-62 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS LEVYING TAXES FOR FISCAL YEAR BEGINNING OCTOBER 1, 2011 AND ENDING SEPTEMBER 30, 2012 AT THE RATE OF $0.52 PER ONE HUNDRED DOLLARS ($100.00) ASSESSED VALUE ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE TOWN OF PROSPER, TEXAS IN ACCORDANCE WITH EXISTING STATUTORY REQUIREMENTS AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF ON THE TOWN’S HOME PAGE OF ITS WEBSITE. WHEREAS, the Town Council of the Town of Prosper, Texas (hereinafter referred to as the “Town”) hereby finds that the tax for the fiscal year beginning October 1, 2011, and ending September 30, 2012, hereinafter levied for current expenditures of the Town and the general improvements of the Town and its property must be levied to provide revenue requirements for the budget for the ensuing year; and WHEREAS, the Town Council has approved, by separate ordinance to be adopted on the 13th day of September, 2011, the budget for the fiscal year beginning October 1, 2011 and ending September 30, 2012; and WHEREAS, all statutory and constitutional requirements concerning the levying and assessing of ad valorem taxes have been complied with. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, COLLIN COUNTY, TEXAS: SECTION 1: Findings Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2: Adoption of Tax Rate. We the Town Council of the Town of Prosper do hereby levy or adopt the tax rate of $0.52000 per $100 valuation for the Town for tax year 2011-2012 as follows: $0.316937 for the purpose of maintenance and operation and $0.203063 for payment of principal and interest on debt service. SECTION 3: Truth In Taxation Required Language. While the rate adopted is lower than both the effective and rollback rates as calculated according to Truth In Taxation, the total levy for maintenance and operations exceeds last year’s levy for the same. As a result, the following statement must be included in the ordinance in a type larger than that used in any portion of the ordinance. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. Page 2 of 2 SECTION 4: Truth In Taxation Required Web Posting. While the rate adopted is lower than both the effective and rollback rates as calculated according to Truth In Taxation, the total levy for maintenance and operations exceeds last year’s levy for the same. As a result, the following statement must be posted to the home page of the Town’s web site. THE TOWN OF PROSPER ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. SECTION 5: Place of Payment/Collection. The Tax Assessor-Collector for Collin County is hereby authorized to assess and collect the taxes of the Town of Prosper in accordance with this ordinance. The Town shall have all rights and remedies provided by the law for the enforcement of the collection of taxes levied under this ordinance. SECTION 6: Savings/ Repealing Clause. All provisions of any ordinance in conflict with this Ordinance are hereby repealed; but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance. Any remaining portions of conflicting ordinances shall remain in full force and effect. SECTION 7: Severability. Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Prosper hereby declares that it would have passed this Ordinance, and each section, subsection, sentence, clause, or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses, or phrases be declared unconstitutional or invalid. SECTION 8: Effective Date. This Ordinance shall become effective from and after its adoption and publication as required by law. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS ON THIS 13th DAY OF SEPTEMBER, 2011 AT A MEETING WHICH WAS HELD IN STRICT ACCORDANCE WITH THE TEXAS OPEN MEETING ACT. _____________________________ RAY SMITH, Mayor ATTEST TO: _________________________________ AMY PIUKANA, TRMC Town Secretary Date of Publication _____________________________________________________ Prosper Press Page 1 of 1 To: Mayor and Town Council From: Matthew B. Garrett, Finance Director CC: Mike Land, Town Manager Re: Town Council Meeting – September 13, 2011 Date: September 08, 2011 Agenda Item: Consider and act upon an ordinance to ratify the property tax revenue increase reflected in the Fiscal Year 2011-12 Adopted Budget as required under Section 102.007(c) of the Local Government Code. Description of Agenda Item: During the 2007 legislative session, House Bill 3195 was passed amending section 102.007 of the Local Government Code. Subsection C was added to state that adoption of a budget that requires raising more revenue from property taxes than in the previous year requires a separate vote of the governing body to ratify the property tax increase reflected in the budget. A vote under this subsection is in addition to, and separate from, the vote to adopt the budget or a vote to set the tax rate as required by Chapter 26 of the Tax Code. The Fiscal Year 2011-2012 budget raises more in property tax revenues than in the previous year. Budget Impact: N/A Legal Obligations and Review: N/A Att ached Documents: Ordinance Ratifying Property Tax Increase Reflected in the Budget Board/Committee Recommendation: N/A Town Staff Recommendation: Town staff recommends that the Town Council approve the ordinance ratifying the property tax revenue increase as reflected in the Fiscal Year 2011-2012 Budget. Prosper is a place where everyone matters. Administration . glbase_bw16 mgarrett Town of Prosper Page 1 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4035-10-00 3% Construction Fee 75,000.00- 50,000.00 125,000.00- 125,000.00- 13,674.68- 14,000.00- 107,467.68- 10-4060-10-00 NSF Fees 50.00- 25.00- 25.00- 25.00- 125.00- 125.00- 75.00- 10-4061-10-00 Notary Fees 100.00- 100.00- 100.00- 136.00- 140.00- 139.00- 10-4105-10-00 Property Taxes -Delinquent 35,000.00- 35,000.00- 35,000.00- 32,957.70- 35,000.00- 80,910.99- 10-4110-10-00 Property Taxes -Current 3,875,354.00- 59,565.00- 3,815,789.00- 3,815,789.00- 3,796,026.57- 3,815,789.00- 3,224,945.70- 10-4115-10-00 Taxes -Penalties 30,000.00- 30,000.00- 30,000.00- 26,920.29- 30,000.00- 45,983.16- 10-4120-10-00 Sales Taxes 1,130,000.00- 30,000.00- 1,100,000.00- 1,100,000.00- 1,005,365.32- 1,130,000.00- 1,303,744.06- 10-4130-10-00 Sales Tax-Mixed Beverage 3,500.00- 3,500.00- 3,500.00- 3,751.84- 3,750.00- 5,006.35- 10-4140-10-00 Franchise Taxes - Electric 240,000.00- 15,000.00- 225,000.00- 225,000.00- 227,954.78- 240,000.00- 244,361.97- 10-4150-10-00 Franchise Taxes - Telephone 52,000.00- 16,000.00- 36,000.00- 36,000.00- 64,474.22- 64,500.00- 41,172.40- 10-4160-10-00 Franchise Taxes - Gas 55,000.00- 7,000.00- 48,000.00- 48,000.00- 53,602.79- 55,000.00- 43,086.57- 10-4190-10-00 Franchise Fee-Cable 18,550.00- 18,550.00- 18,550.00- 14,386.68- 18,550.00- 19,591.14- 10-4200-10-00 T-Mobile Fees 48,700.00- 28,000.00- 20,700.00- 20,700.00- 20,700.00- 25,700.00- 20,700.00- 10-4201-10-00 Tierone Converged Network 18,000.00- 18,000.00- 18,000.00- 13,500.00- 18,000.00- 11,500.00- 10-4202-10-00 NTTA Tag Sales 150.00- 50.00 200.00- 200.00- 160.00- 200.00- 405.00- 10-4205-10-00 Internet America 18,000.00- 18,000.00- 18,000.00- 18,000.00- 18,000.00- 18,000.00- 10-4218-10-00 Administrative Fees-EDC 14,400.00- 14,400.00- 14,400.00- 14,400.00- 14,400.00- 8,000.00- 10-4610-10-00 Interest Income 75,000.00- 25,000.00- 50,000.00- 50,000.00- 59,414.29- 66,000.00- 112,861.33- 10-4910-10-00 Other Revenue 20,000.00- 20,000.00- 71,603.80- 71,600.00- 20,106.43- 10-4995-10-00 Transfer In 586,710.00- 157,310.00- 429,400.00- 429,400.00- 429,400.00- 429,400.00- 343,123.00- Subtotal: 6,295,514.00- 307,850.00- 5,987,664.00- 5,987,664.00- 5,866,553.96- 6,050,154.00- 5,651,179.78- Program number: 6,295,514.00- 307,850.00- 5,987,664.00- 5,987,664.00- 5,866,553.96- 6,050,154.00- 5,651,179.78- Department number: Administrative 6,295,514.00- 307,850.00- 5,987,664.00- 5,987,664.00- 5,866,553.96- 6,050,154.00- 5,651,179.78- . glbase_bw16 mgarrett Town of Prosper Page 2 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 20 Police Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4230-20-00 Other Permits 150.00 150.00- 150.00- 25.00- 10-4440-20-00 Accident Reports 255.00- 255.00- 255.00- 507.00- 510.00- 328.00- 10-4450-20-00 Alarm Fee 11,250.00- 11,250.00- 11,250.00- 13,853.00- 14,000.00- 14,355.00- 10-4510-20-00 Grants 1,198.43- 1,200.00- 10-4910-20-00 Other Revenue 110.00 110.00- 110.00- 5,366.00- 5,500.00- 422.50- 10-4920-20-00 Lease / Purchase Proceeds 37,206.47- Subtotal: 11,505.00- 260.00 11,765.00- 11,765.00- 20,924.43- 21,210.00- 52,336.97- Program number: 11,505.00- 260.00 11,765.00- 11,765.00- 20,924.43- 21,210.00- 52,336.97- Department number: Police 11,505.00- 260.00 11,765.00- 11,765.00- 20,924.43- 21,210.00- 52,336.97- . glbase_bw16 mgarrett Town of Prosper Page 3 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 30 Fire/EMS Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4030-30-00 Miscellaneous 5,996.78- 6,000.00- 12,980.16- 10-4310-30-00 Charges for Services 177,000.00- 8,000.00 185,000.00- 185,000.00- 151,860.30- 160,000.00- 159,360.35- 10-4411-30-00 CC FIRE ASSOC 3,800.00- 1,395.00- 10-4510-30-00 Grants 113,989.00- 104,194.00 218,183.00- 218,183.00- 261,429.21- 265,612.00- 320,087.30- Subtotal: 290,989.00- 112,194.00 403,183.00- 403,183.00- 419,286.29- 435,412.00- 493,822.81- Program number: 290,989.00- 112,194.00 403,183.00- 403,183.00- 419,286.29- 435,412.00- 493,822.81- Department number: Fire/EMS 290,989.00- 112,194.00 403,183.00- 403,183.00- 419,286.29- 435,412.00- 493,822.81- . glbase_bw16 mgarrett Town of Prosper Page 4 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 35 Fire Marshall Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4315-35-00 Fire Review/Inspect Fees 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- Subtotal: 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- Program number: 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- Department number: Fire Marshall 5,500.00- 5,500.00- 5,500.00- 4,475.00- 5,000.00- 9,200.00- . glbase_bw16 mgarrett Town of Prosper Page 5 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 45 Public Library Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4510-45-00 Grants 17,300.00- 1,300.00- 16,000.00- 16,000.00- 22,017.60- 22,020.00- 24,360.32- 10-4910-45-00 Other Revenue 6,000.00- 6,000.00- 6,000.00- 1,125.00- 1,500.00- 873.53- Subtotal: 23,300.00- 1,300.00- 22,000.00- 22,000.00- 23,142.60- 23,520.00- 25,233.85- Program number: 23,300.00- 1,300.00- 22,000.00- 22,000.00- 23,142.60- 23,520.00- 25,233.85- Department number: Public Library 23,300.00- 1,300.00- 22,000.00- 22,000.00- 23,142.60- 23,520.00- 25,233.85- . glbase_bw16 mgarrett Town of Prosper Page 6 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4056-60-00 Field Rental Fees 5,700.00- 5,700.00- 2,962.50- 3,000.00- 10-4910-60-00 Other Revenue 250.00- 250.00- 322.15- 350.00- 50.00- Subtotal: 5,950.00- 5,950.00- 3,284.65- 3,350.00- 50.00- Program number: 5,950.00- 5,950.00- 3,284.65- 3,350.00- 50.00- Department number: Parks and Recreation 5,950.00- 5,950.00- 3,284.65- 3,350.00- 50.00- . glbase_bw16 mgarrett Town of Prosper Page 7 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 70 Municipal Court Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4030-70-00 Miscellaneous 7.00- 7.00- 10-4410-70-00 Fines 220,000.00- 220,000.00- 220,000.00- 210,459.62- 220,000.00- 214,472.78- 10-4610-70-00 Interest Income 500.00- 500.00- 500.00- 182.00- 225.00- 945.38- Subtotal: 220,500.00- 220,500.00- 220,500.00- 210,648.62- 220,232.00- 215,418.16- Program number: 220,500.00- 220,500.00- 220,500.00- 210,648.62- 220,232.00- 215,418.16- Department number: Municipal Court 220,500.00- 220,500.00- 220,500.00- 210,648.62- 220,232.00- 215,418.16- . glbase_bw16 mgarrett Town of Prosper Page 8 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 80 Inspections Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4011-80-00 Permit Application Fee 30.00- 30.00- 10-4013-80-00 Permit Expiration Fee 2,755.00- 2,760.00- 949.40- 10-4017-80-00 Registration Fee 10,000.00- 10,000.00- 14,460.00- 14,500.00- 10-4210-80-00 Building Permits 934,900.00- 609,900.00- 325,000.00- 325,000.00- 461,489.34- 462,000.00- 396,039.28- 10-4230-80-00 Other Permits 80,000.00- 20,000.00- 60,000.00- 60,000.00- 125,492.40- 126,000.00- 85,675.86- 10-4240-80-00 Plumb/Elect/Mech Permits 2,000.00- 2,000.00- 2,000.00- 9,159.80- 9,200.00- 2,430.00- 10-4242-80-00 Re-inspection Fees 8,000.00- 4,500.00 12,500.00- 12,500.00- 7,900.00- 7,900.00- 16,750.00- 10-4245-80-00 Health Inspections 250.00- 250.00- 350.00- 10-4910-80-00 Other Revenue 30,000.00- 30,000.00- 30,000.00- 61,040.85- 61,050.00- 35,453.62- Subtotal: 1,064,900.00- 635,400.00- 429,500.00- 429,500.00- 682,577.39- 683,690.00- 537,648.16- Program number: 1,064,900.00- 635,400.00- 429,500.00- 429,500.00- 682,577.39- 683,690.00- 537,648.16- Department number: Inspections 1,064,900.00- 635,400.00- 429,500.00- 429,500.00- 682,577.39- 683,690.00- 537,648.16- . glbase_bw16 mgarrett Town of Prosper Page 9 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 85 Code Enforcement Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4245-85-00 Health Inspections 10,000.00- 10,000.00- 10,000.00- 8,025.00- 9,000.00- 12,075.00- 10-4910-85-00 Other Revenue 750.00- 750.00- Subtotal: 10,000.00- 10,000.00- 10,000.00- 8,775.00- 9,750.00- 12,075.00- Program number: 10,000.00- 10,000.00- 10,000.00- 8,775.00- 9,750.00- 12,075.00- Department number: Code Enforcement 10,000.00- 10,000.00- 10,000.00- 8,775.00- 9,750.00- 12,075.00- . glbase_bw16 mgarrett Town of Prosper Page 10 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 90 Planning Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-4220-90-00 Zoning Permits 10,000.00- 5,000.00 15,000.00- 15,000.00- 9,265.60- 9,500.00- 26,017.01- 10-4225-90-00 Plat Fees 15,000.00- 5,000.00- 10,000.00- 10,000.00- 34,095.31- 34,100.00- 10,282.96- 10-4910-90-00 Other Revenue 329.53- 330.00- 478.00- Subtotal: 25,000.00- 25,000.00- 25,000.00- 43,690.44- 43,930.00- 36,777.97- Program number: 25,000.00- 25,000.00- 25,000.00- 43,690.44- 43,930.00- 36,777.97- Department number: Planning 25,000.00- 25,000.00- 25,000.00- 43,690.44- 43,930.00- 36,777.97- Revenue Subtotal ------- 7,953,158.00- 838,046.00- 7,115,112.00- 7,115,112.00- 7,283,358.38- 7,496,248.00- 7,033,742.70- . glbase_bw16 mgarrett Town of Prosper Page 11 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-10-00 Salaries & Wages 541,000.00 59,350.00 481,650.00 481,650.00 431,133.24 472,000.00 422,624.41 10-5115-10-00 Salaries - Overtime 6,000.00 2,000.00 4,000.00 4,000.00 7,760.60 7,800.00 7,201.57 10-5125-10-00 Salaries-Sick Time Buy-Out 4,050.00 4,050.00 10-5126-10-00 Salaries-Vacation Buy-Out 15,350.00 6,450.00 8,900.00 8,900.00 16,471.50 16,472.00 3,984.61 10-5140-10-00 Salaries - Longevity Pay 1,540.00 65.00 1,475.00 1,475.00 1,235.00 1,235.00 935.00 10-5141-10-00 Salaries - Incentive 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 17,164.13 10-5145-10-00 Social Security Expense 29,400.00 3,280.00 26,120.00 26,120.00 23,650.34 25,500.00 22,719.71 10-5150-10-00 Medicare Expense 8,150.00 1,050.00 7,100.00 7,100.00 6,286.75 7,120.00 5,970.44 10-5155-10-00 SUTA Expense 2,100.00 920.00 1,180.00 1,180.00 662.04 1,100.00 1,059.68 10-5160-10-00 Health Insurance 25,250.00 4,125.00 21,125.00 21,125.00 19,847.02 22,410.00 18,281.15 10-5165-10-00 Dental Insurance 1,725.00 25.00 1,700.00 1,700.00 1,874.10 2,020.00 1,636.37 10-5170-10-00 Life Insurance/AD&D 700.00 180.00 520.00 520.00 604.19 800.00 575.43 10-5175-10-00 Liability (TML) Workers' Comp 1,400.00 200.00- 1,600.00 1,600.00 973.92 1,100.00 1,789.36 10-5176-10-00 TML Prop. & Liab. Insurance 70,000.00 10,000.00 60,000.00 60,000.00 49,469.63 52,000.00 48,952.26 10-5180-10-00 TMRS Expense 54,225.00 2,855.00 51,370.00 51,370.00 45,234.97 50,200.00 44,746.95 10-5185-10-00 Long Term/Short Term Disabilit 2,070.00 455.00- 2,525.00 2,525.00 1,710.24 2,000.00 1,674.32 10-5186-10-00 WELLE-Wellness Prog Reimb Empl 250.00 250.00 80.00 180.00 10-5190-10-00 Contract Labor 4,500.00 500.00 4,000.00 4,000.00 14,112.37 14,700.00 4,566.22 10-5191-10-00 Hiring Cost 400.00 400.00 40.00 40.00 40.00 10-5193-10-00 Records Retention 1,000.00 1,000.00 1,000.00 1,000.00 10-5210-10-00 Office Supplies 5,000.00 5,000.00 5,000.00 4,967.55 7,000.00 6,685.34 10-5212-10-00 Building Supplies 1,500.00 1,500.00 1,500.00 2,126.04 2,300.00 5,755.78 10-5220-10-00 Office Equipment 1,500.00 1,220.00- 2,720.00 2,720.00 701.65 1,200.00 2,298.37 10-5230-10-00 Dues,Fees,& Subscriptions 10,000.00 1,400.00 8,600.00 8,600.00 12,079.08 12,200.00 9,884.12 10-5240-10-00 Postage and Delivery 3,000.00 3,000.00 3,000.00 1,967.65 2,500.00 2,504.84 10-5250-10-00 Publications 500.00 500.00 500.00 146.45 250.00 336.08 10-5260-10-00 Advertising 300.00 300.00 300.00 375.00 375.00 660.00 10-5270-10-00 Bank Charges 50.00 50.00 50.00 90.00 50.00 180.00 10-5280-10-00 Printing and Reproduction 2,000.00 1,520.00 480.00 21,000.00 2,617.89 4,000.00 2,096.32 10-5310-10-00 Rental Expense 2,000.00 450.00 1,550.00 1,550.00 1,595.40 1,596.00 1,440.00 10-5325-10-00 Copier Lease 23,184.20 24,500.00 12,141.15 10-5330-10-00 Copier Expense 25,000.00 4,480.00 20,520.00 585.00 650.00 21.75 10-5340-10-00 Building Repairs 2,500.00 1,500.00 1,000.00 1,000.00 6,442.93 9,000.00 595.00 10-5410-10-00 Professional Services 65,000.00 35,000.00 30,000.00 30,000.00 56,938.27 60,000.00 79,577.81 10-5412-10-00 Audit Fees 45,000.00 10,000.00 35,000.00 35,000.00 29,800.00 32,000.00 28,300.00 10-5414-10-00 Appraisal / Tax Fees 50,000.00 2,000.00 48,000.00 48,000.00 43,639.38 45,000.00 38,994.98 10-5418-10-00 IT Fees 126,000.00 51,000.00 75,000.00 75,000.00 121,252.27 145,000.00 74,455.35 10-5419-10-00 IT Licenses 3,972.39 4,000.00 10-5430-10-00 Legal Fees 20,000.00 5,000.00 15,000.00 15,000.00 57,060.57 60,000.00 13,275.91 10-5435-10-00 Legal Notices/Filings 8,500.00 8,500.00 8,500.00 11,234.65 12,500.00 8,483.20 10-5460-10-00 Election Expense 6,000.00 4,000.00- 10,000.00 10,000.00 24,732.32 25,000.00 7,170.00 10-5480-10-00 Contracted Services 8,000.00 12,000.00- 20,000.00 20,000.00 5,821.41 8,000.00 5,781.10 10-5520-10-00 Telephones 18,000.00 300.00 17,700.00 17,700.00 13,439.30 17,700.00 14,203.03 . glbase_bw16 mgarrett Town of Prosper Page 12 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5521-10-00 Cell Phone Expense 6,000.00 6,000.00 6,000.00 3,296.86 4,500.00 5,711.89 10-5524-10-00 Gas-Building 500.00 500.00 500.00 178.80 500.00 10-5525-10-00 Electricity 10,000.00 1,000.00- 11,000.00 11,000.00 6,858.55 9,000.00 7,255.08 10-5526-10-00 Data Network 25,200.00 25,200.00 25,200.00 20,887.98 25,200.00 16,137.41 10-5530-10-00 Travel/Lodging/Meals Expense 8,000.00 4,600.00 3,400.00 3,400.00 9,104.65 10,000.00 8,543.84 10-5532-10-00 Entertainment 750.00 750.00 750.00 749.95 750.00 313.00 10-5533-10-00 Mileage Expense 4,000.00 440.00 3,560.00 3,560.00 3,888.75 4,500.00 4,025.46 10-5536-10-00 Training/Seminars 40,000.00 15,000.00- 55,000.00 55,000.00 57,657.97 58,000.00 64,538.51 10-5538-10-00 Training/Seminars-Public Offic 10,000.00 10,000.00 10,000.00 5,713.68 7,000.00 14,741.76 10-5600-10-00 Special Events 20,000.00 2,000.00 18,000.00 18,000.00 19,796.65 20,000.00 13,513.11 10-6110-10-00 Capital Expenditure 15,934.00- 15,934.00 11,100.00 11,631.10 11,100.00 10-6140-10-00 Capital Expenditure - Equipmen 35,000.00 8,900.00 26,100.00 26,100.00 36,674.07 19,100.00 12,802.06 10-7000-10-00 Contingency 58,393.00- 58,393.00 63,227.00 10-7143-10-00 Transfer to Internal Serv. Fd 17,000.00 13,240.00- 30,240.00 30,240.00 30,240.00 30,240.00 10-7144-10-00 Transfer to Capital Proj Fund 1,144,188.04- Subtotal: 1,351,410.00 102,648.00 1,248,762.00 1,248,762.00 1,228,354.32 1,358,388.00 47,604.18- Program number: 1,351,410.00 102,648.00 1,248,762.00 1,248,762.00 1,228,354.32 1,358,388.00 47,604.18- Department number: Administrative 1,351,410.00 102,648.00 1,248,762.00 1,248,762.00 1,228,354.32 1,358,388.00 47,604.18- . glbase_bw16 mgarrett Town of Prosper Page 13 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 20 Police Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-20-00 Salaries & Wages 718,000.00 90,350.00 627,650.00 627,650.00 566,560.53 616,400.00 542,631.60 10-5115-20-00 Salaries - Overtime 35,000.00 3,000.00 32,000.00 32,000.00 25,349.99 35,000.00 25,819.51 10-5125-20-00 Salaries-Sick Time Buy-Out 3,608.40 3,609.00 10-5126-20-00 Salaries-Vacation Buy-Out 5,920.00 5,080.00- 11,000.00 11,000.00 23,899.34 23,900.00 6,293.94 10-5127-20-00 Salaries-Certification Pay 10,000.00 5,600.00- 15,600.00 15,600.00 8,631.04 10,000.00 10-5140-20-00 Salaries - Longevity Pay 3,135.00 135.00 3,000.00 3,000.00 2,930.00 2,930.00 2,390.00 10-5141-20-00 Salaries - Incentive 13,600.00 10-5145-20-00 Social Security Expense 48,500.00 8,150.00 40,350.00 40,350.00 38,482.24 42,000.00 36,499.52 10-5150-20-00 Medicare Expense 11,350.00 1,900.00 9,450.00 9,450.00 8,999.89 9,825.00 8,227.45 10-5155-20-00 SUTA Expense 3,240.00 1,240.00 2,000.00 2,000.00 879.90 1,300.00 1,900.61 10-5160-20-00 Health Insurance 52,700.00 10,400.00 42,300.00 42,300.00 37,751.88 43,300.00 38,705.84 10-5165-20-00 Dental Insurance 3,600.00 200.00 3,400.00 3,400.00 3,121.01 3,425.00 2,992.37 10-5170-20-00 Life Insurance/AD&D 3,600.00 300.00 3,300.00 3,300.00 3,053.59 3,400.00 3,244.43 10-5175-20-00 Liability (TML) Workers' Comp 19,000.00 3,230.00- 22,230.00 22,230.00 14,798.62 16,500.00 17,191.00 10-5180-20-00 TMRS Expense 78,250.00 9,925.00 68,325.00 68,325.00 63,105.92 68,600.00 59,155.43 10-5185-20-00 Long Term/Short Term Disabilit 4,320.00 730.00- 5,050.00 5,050.00 2,607.36 3,500.00 2,559.58 10-5186-20-00 WELLE-Wellness Prog Reimb Empl 600.00 600.00 80.00 180.00 10-5190-20-00 Contract Labor 4,000.00 1,000.00 3,000.00 3,000.00 3,830.00 3,950.00 3,003.00 10-5191-20-00 Hiring Cost 750.00 550.00- 1,300.00 1,300.00 697.00 1,000.00 440.00 10-5192-20-00 Physical & Psychological 750.00 230.00 520.00 520.00 250.00 500.00 400.00 10-5210-20-00 Office Supplies 9,000.00 1,500.00- 10,500.00 10,500.00 6,588.38 9,500.00 6,138.52 10-5212-20-00 Building Supplies 2,500.00 500.00 2,000.00 2,000.00 1,374.10 2,500.00 2,454.34 10-5214-20-00 Tactical Supplies 1,500.00 2,000.00- 3,500.00 3,500.00 1,746.94 3,000.00 990.95 10-5215-20-00 Ammunition 2,000.00 1,000.00- 3,000.00 3,000.00 2,910.74 3,000.00 2,569.73 10-5220-20-00 Office Equipment 570.00 10-5230-20-00 Dues,Fees,& Subscriptions 1,200.00 200.00 1,000.00 1,000.00 2,004.89 2,100.00 1,306.33 10-5240-20-00 Postage and Delivery 450.00 50.00- 500.00 500.00 420.99 450.00 106.78 10-5250-20-00 Publications 500.00 200.00- 700.00 700.00 250.00 655.07 10-5260-20-00 Advertising 250.00 250.00 250.00 150.00 10-5265-20-00 Promotional Expense 500.00 500.00 500.00 225.00 450.00 24.69 10-5280-20-00 Printing and Reproduction 500.00 500.00 500.00 302.20 500.00 426.68 10-5310-20-00 Rental Expense 3,300.00 600.00 2,700.00 2,700.00 2,962.20 3,000.00 2,700.00 10-5320-20-00 Repairs & Maintenance 750.00 250.00- 1,000.00 1,000.00 195.17 750.00 874.00 10-5325-20-00 Copier Lease 6,209.61 10-5335-20-00 Radio/Video Repairs 3,000.00 1,000.00- 4,000.00 4,000.00 531.90 2,500.00 572.75 10-5340-20-00 Building Repairs 1,000.00 500.00 500.00 500.00 1,391.06 1,400.00 11.97 10-5350-20-00 Vehicle Expense 28,000.00 8,000.00 20,000.00 20,000.00 26,882.46 28,000.00 26,955.90 10-5352-20-00 Fuel 40,000.00 5,000.00- 45,000.00 45,000.00 44,906.37 52,000.00 41,187.36 10-5353-20-00 Oil/Grease/Inspections 1,500.00 2,700.00- 4,200.00 4,200.00 670.81 1,000.00 1,957.45 10-5400-20-00 Uniform Expense 9,000.00 1,000.00 8,000.00 8,000.00 9,999.98 10,000.00 7,966.03 10-5410-20-00 Professional Services 750.00 250.00- 1,000.00 1,000.00 103.20 500.00 450.00 10-5418-20-00 IT Fees 4,000.00 6,000.00- 10,000.00 10,000.00 1,307.50 1,500.00 6,608.74 10-5430-20-00 Legal Fees 15,000.00 9,000.00 6,000.00 6,000.00 16,667.55 18,000.00 6,416.62 . glbase_bw16 mgarrett Town of Prosper Page 14 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 20 Police Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5480-20-00 Contracted Services 13,500.00 5,000.00 8,500.00 8,500.00 7,205.27 8,500.00 12,737.24 10-5520-20-00 Telephones 6,280.00 2,620.00- 8,900.00 8,900.00 5,767.29 6,280.00 7,936.72 10-5521-20-00 Cell Phone Expense 2,500.00 2,000.00- 4,500.00 4,500.00 2,391.31 2,600.00 5,202.33 10-5525-20-00 Electricity 8,000.00 200.00 7,800.00 7,800.00 8,940.80 9,500.00 8,163.69 10-5526-20-00 Data Network 4,700.00 4,700.00 4,700.00 5,606.20 7,000.00 1,481.61 10-5530-20-00 Travel/Lodging/Meals Expense 3,000.00 250.00 2,750.00 2,750.00 4,244.38 5,000.00 4,829.12 10-5533-20-00 Mileage Expense 400.00 200.00- 600.00 600.00 770.68 1,000.00 292.16 10-5536-20-00 Training/Seminars 16,350.00 16,350.00 16,350.00 13,515.42 16,000.00 13,170.16 10-5600-20-00 Special Events 2,000.00 2,000.00 2,000.00 2,003.44 2,005.00 2,851.03 10-5630-20-00 Safety Equipment 1,000.00 1,990.00- 2,990.00 2,990.00 762.70 2,000.00 1,816.24 10-5640-20-00 Signs & Hardware 500.00 1,000.00- 1,500.00 1,500.00 500.00 10-6110-20-00 Capital Expenditure 12,800.00- 12,800.00 12,800.00 12,812.38 11,900.00 10-6140-20-00 Capital Expenditure - Equipmen 4,000.00 16,200.00- 20,200.00 20,200.00 4,000.00 4,000.00 11,949.02 10-6160-20-00 Capital Expenditure - Vehicles 20,700.00 49,535.00- 70,235.00 70,235.00 65,001.78 103,000.00 80,700.37 Subtotal: 1,210,345.00 31,195.00 1,179,150.00 1,179,150.00 1,062,849.80 1,209,154.00 1,033,337.49 Program number: 1,210,345.00 31,195.00 1,179,150.00 1,179,150.00 1,062,849.80 1,209,154.00 1,033,337.49 Department number: Police 1,210,345.00 31,195.00 1,179,150.00 1,179,150.00 1,062,849.80 1,209,154.00 1,033,337.49 . glbase_bw16 mgarrett Town of Prosper Page 15 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 25 Dispatch Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-25-00 Salaries & Wages 293,000.00 38,100.00 254,900.00 254,900.00 196,836.75 220,675.00 199,334.25 10-5115-25-00 Salaries - Overtime 15,000.00 5,000.00 10,000.00 10,000.00 19,718.32 20,250.00 20,277.23 10-5125-25-00 Salaries - Sick 4,170.23 4,170.00 10-5126-25-00 Salaries-Vacation Buy-Out 4,300.00- 4,300.00 4,300.00 9,043.61 9,050.00 1,079.00 10-5127-25-00 Salaries-Certification Pay 500.00 500.00 858.42 1,000.00 10-5140-25-00 Salaries - Longevity Pay 515.00 250.00 265.00 265.00 10-5141-25-00 Salaries - Bonus 3,000.00 10-5145-25-00 Social Security Expense 19,250.00 3,050.00 16,200.00 16,200.00 13,892.20 15,500.00 13,530.53 10-5150-25-00 Medicare Expense 4,620.00 840.00 3,780.00 3,780.00 3,248.99 3,620.00 3,164.42 10-5155-25-00 SUTA Expense 1,890.00 590.00 1,300.00 1,300.00 611.48 1,010.00 1,405.21 10-5160-25-00 Health Insurance 30,394.00 2,894.00 27,500.00 27,500.00 19,647.75 24,100.00 21,439.32 10-5165-25-00 Dental Insurance 2,250.00 50.00 2,200.00 2,200.00 1,591.89 1,920.00 1,649.44 10-5170-25-00 Life Insurance 660.00 15.00- 675.00 675.00 478.77 600.00 544.99 10-5175-25-00 Liability (TML) Workers' Comp 750.00 50.00 700.00 700.00 503.38 650.00 531.72 10-5180-25-00 TMRS Expense 31,820.00 4,420.00 27,400.00 27,400.00 22,643.24 25,500.00 21,827.82 10-5185-25-00 Long Term/Short Term Disabilit 2,760.00 540.00- 3,300.00 3,300.00 863.29 1,500.00 849.49 10-5186-25-00 WELLE-Wellness Prog Reimb Empl 350.00 350.00 80.00 180.00 10-5191-25-00 Hiring Cost 300.00 50.00 250.00 250.00 502.95 650.00 305.00 10-5192-25-00 Physical & Psychological 300.00 600.00- 900.00 900.00 445.00 500.00 10-5210-25-00 Supplies 1,000.00 2,000.00- 3,000.00 3,000.00 383.25 500.00 2,023.11 10-5212-25-00 Building Supplies 750.00 250.00 500.00 500.00 998.42 1,200.00 970.45 10-5220-25-00 Office Equipment 500.00- 500.00 500.00 505.64 10-5230-25-00 Dues,Fees,& Subscriptions 750.00 750.00 750.00 882.55 1,100.00 709.05 10-5240-25-00 Postage and Delivery 100.00 100.00- 200.00 200.00 5.54 25.00 10-5250-25-00 Publications 100.00 100.00- 200.00 200.00 10-5280-25-00 Printing and Reproduction 100.00 100.00- 200.00 200.00 50.00 74.05 10-5320-25-00 Repairs & Maintenance 500.00 500.00 500.00 910.90 1,000.00 428.00 10-5340-25-00 Building Repairs 750.00 500.00 250.00 250.00 758.00 760.00 10-5352-25-00 Fuel 250.00 150.00 100.00 100.00 40.08 100.00 50.06 10-5400-25-00 Uniform Expense 1,500.00 1,500.00 1,500.00 617.30 1,200.00 1,718.01 10-5418-25-00 IT Fees 15,000.00 77,875.00- 92,875.00 92,875.00 35,896.78 75,000.00 1,272.50 10-5430-25-00 Legal Fees 7,500.00 7,500.00 5,287.26 7,500.00 4,736.94 10-5450-25-00 Dispatch Expense 18,615.86 10-5480-25-00 Contracted Services 166,324.00 166,324.00 6,143.03 6,200.00 10-5520-25-00 Telephones 2,000.00- 2,000.00 2,000.00 485.54 10-5521-25-00 Cell Phone Expense 600.00 600.00 600.00 637.93 750.00 576.47 10-5524-25-00 Gas-Building 500.00 500.00- 1,000.00 1,000.00 160.90 250.00 248.19 10-5525-25-00 Electricity 4,500.00- 4,500.00 4,500.00 631.96 10-5526-25-00 Data Network 4,600.00 4,600.00 4,600.00 4,106.28 4,600.00 3,581.81 10-5530-25-00 Travel/Lodging/Meals Expense 1,500.00 500.00- 2,000.00 2,000.00 37.32 500.00 2,130.08 10-5533-25-00 Mileage Expense 250.00 250.00 250.00 936.87 50.00 50.58 10-5536-25-00 Training/Seminars 6,000.00 6,000.00 6,000.00 4,449.52 4,500.00 852.00 10-5600-25-00 Special Events 100.00- 100.00 100.00 100.00 103.33 . glbase_bw16 mgarrett Town of Prosper Page 16 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 25 Dispatch Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Subtotal: 612,433.00 137,138.00 475,295.00 475,295.00 357,388.20 436,260.00 328,702.05 Program number: 612,433.00 137,138.00 475,295.00 475,295.00 357,388.20 436,260.00 328,702.05 Department number: Dispatch Department 612,433.00 137,138.00 475,295.00 475,295.00 357,388.20 436,260.00 328,702.05 . glbase_bw16 mgarrett Town of Prosper Page 17 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 30 Fire/EMS Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-30-00 Salaries & Wages 1,055,000.00 11,500.00- 1,066,500.00 1,066,500.00 972,309.32 1,050,000.00 1,036,649.37 10-5115-30-00 Salaries - Overtime 250,000.00 60,000.00 190,000.00 190,000.00 243,623.33 264,810.00 204,486.73 10-5125-30-00 Salaries-Sick Time Buy-Out 4,888.80 4,889.00 10-5126-30-00 Salaries-Vacation Buy-Out 6,220.00 13,480.00- 19,700.00 19,700.00 19,288.47 19,290.00 3,065.10 10-5127-30-00 Salaries-Certification Pay 16,500.00 900.00 15,600.00 15,600.00 5,280.16 6,500.00 10-5140-30-00 Salaries - Longevity Pay 5,515.00 785.00 4,730.00 4,730.00 4,945.00 4,945.00 4,065.00 10-5141-30-00 Salaries - Incentive 24,750.00 10-5145-30-00 Social Security Expense 84,500.00 500.00- 85,000.00 85,000.00 75,295.01 83,000.00 78,550.60 10-5150-30-00 Medicare Expense 20,100.00 1,100.00 19,000.00 19,000.00 17,609.33 19,350.00 17,696.24 10-5155-30-00 SUTA Expense 7,830.00 2,530.00 5,300.00 5,300.00 1,996.34 2,400.00 4,540.47 10-5160-30-00 Health Insurance 78,850.00 6,450.00 72,400.00 72,400.00 64,747.96 74,200.00 68,709.72 10-5165-30-00 Dental Insurance 5,475.00 325.00- 5,800.00 5,800.00 5,304.15 5,900.00 5,616.72 10-5170-30-00 Life Insurance/AD&D 5,670.00 330.00- 6,000.00 6,000.00 5,280.00 5,800.00 6,230.00 10-5171-30-00 Life Insurance-Supplemental 7,000.00 1,700.00- 8,700.00 8,700.00 6,770.00 6,800.00 6,770.00 10-5175-30-00 Liability (TML) Workers Comp 25,000.00 25,000.00 25,000.00 23,108.15 31,994.00 28,658.20 10-5180-30-00 TMRS Expense 127,700.00 3,350.00- 131,050.00 131,050.00 114,942.06 126,000.00 116,595.68 10-5185-30-00 Long Term/Short Term Disabilit 6,600.00 2,050.00- 8,650.00 8,650.00 4,025.47 5,200.00 4,354.56 10-5186-30-00 WELLE-Wellness Prog Reimb Empl 900.00 900.00 10-5190-30-00 Contract Labor 1,100.00 1,100.00 1,100.00 540.00 550.00 720.00 10-5191-30-00 Hiring Cost 800.00 300.00 500.00 500.00 1,124.50 1,300.00 438.40 10-5194-30-00 FD Annual Phy & Screening 16,000.00 4,000.00 12,000.00 12,000.00 12,543.00 15,437.00 8,049.76 10-5210-30-00 Office Supplies 3,500.00 3,500.00 3,500.00 1,834.76 2,500.00 3,886.01 10-5212-30-00 Building Supplies 4,000.00 4,000.00 4,000.00 3,112.66 4,770.00 2,888.19 10-5220-30-00 Office Equipment 600.00 600.00 600.00 2,242.77 2,500.00 219.64 10-5230-30-00 Dues,Fees,& Subscriptions 2,760.00 760.00 2,000.00 2,000.00 1,470.00 2,289.00 1,020.50 10-5240-30-00 Postage and Delivery 250.00 250.00 250.00 155.45 227.00 572.71 10-5250-30-00 Publications 350.00 350.00 350.00 350.00 302.35 10-5280-30-00 Printing and Reproduction 500.00 500.00 500.00 165.05 283.00 152.15 10-5320-30-00 Repairs & Maintenance 5,000.00 5,000.00 5,000.00 3,723.05 4,688.00 6,192.84 10-5335-30-00 Radio/Video Repairs 20,000.00 20,000.00 20,000.00 4,187.94 15,000.00 21,657.63 10-5340-30-00 Building Repairs 6,500.00 6,500.00 6,500.00 8,600.76 8,800.00 8,858.41 10-5350-30-00 Vehicle Expense 25,000.00 5,000.00 20,000.00 20,000.00 22,725.06 30,000.00 19,192.89 10-5352-30-00 Fuel 38,613.00 18,613.00 20,000.00 20,000.00 30,946.54 38,613.00 23,480.95 10-5353-30-00 Oil/Grease/Inspections 5,000.00 5,000.00 5,000.00 78.22 2,500.00 454.16 10-5400-30-00 Uniform Expense 20,000.00 20,000.00 20,000.00 18,625.20 20,000.00 17,691.17 10-5410-30-00 Professional Services 15,000.00 15,000.00 300.00 10-5418-30-00 IT Fees 3,720.00 3,720.00 2,170.00 3,720.00 10,975.65 10-5419-30-00 IT Licenses 21.60 25.00 10-5430-30-00 Legal Fees 147.50 10-5440-30-00 EMS 74,000.00 74,000.00 74,000.00 41,309.72 74,000.00 68,643.90 10-5450-30-00 Dispatch Expense 1,184.59 10-5480-30-00 Contracted Services 10,000.00 10,000.00 10,000.00 8,374.89 8,634.00 6,160.00 10-5520-30-00 Telephones 14,498.00 1,998.00 12,500.00 12,500.00 11,431.89 14,498.00 13,349.10 . glbase_bw16 mgarrett Town of Prosper Page 18 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 30 Fire/EMS Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5521-30-00 Cell Phone Expense 8,000.00 8,000.00 8,000.00 5,678.20 6,436.00 5,963.55 10-5522-30-00 Pagers 250.00 2,250.00- 2,500.00 2,500.00 2,828.32 10-5524-30-00 Gas - Building 7,000.00 7,000.00 7,000.00 3,369.42 4,935.00 4,587.93 10-5525-30-00 Electricity 19,000.00 19,000.00 19,000.00 18,482.33 19,000.00 19,806.68 10-5526-30-00 Data Network 12,442.00 4,542.00 7,900.00 7,900.00 11,158.43 12,442.00 6,081.62 10-5530-30-00 Travel/Lodging/Meals Expense 2,000.00 2,000.00 2,000.00 2,191.32 3,757.00 1,803.74 10-5533-30-00 Mileage Expense 1,500.00 1,500.00 1,500.00 376.05 645.00 447.78 10-5536-30-00 Training/Seminars 15,000.00 15,000.00 15,000.00 13,221.17 15,000.00 14,887.22 10-5610-30-00 Fire Fighting Equipment 18,000.00 18,000.00 18,000.00 5,336.59 15,000.00 18,421.03 10-5630-30-00 Safety Equipment 25,000.00 25,000.00 25,000.00 11,907.62 22,000.00 28,571.91 10-6110-30-00 Capital Expenditure 8,429.01 4,507.00 10-6140-30-00 Capital Expenditure - Equipmen 7,000.00 7,000.00 7,000.00 1,500.00 5,000.00 25,185.33 10-6160-30-00 Capital Expenditure - Vehicles 35,000.00- 35,000.00 35,000.00 35,000.00 35,000.00 Subtotal: 2,085,243.00 56,113.00 2,029,130.00 2,029,130.00 1,861,446.75 2,100,977.00 1,960,369.00 Program number: 2,085,243.00 56,113.00 2,029,130.00 2,029,130.00 1,861,446.75 2,100,977.00 1,960,369.00 Department number: Fire/EMS 2,085,243.00 56,113.00 2,029,130.00 2,029,130.00 1,861,446.75 2,100,977.00 1,960,369.00 . glbase_bw16 mgarrett Town of Prosper Page 19 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 35 Fire Marshall Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-35-00 Salaries & Wages 78,100.00 2,075.00 76,025.00 76,025.00 70,176.00 76,025.00 74,235.20 10-5115-35-00 Salaries - Overtime 1,500.00 730.00 770.00 770.00 2,946.65 3,000.00 1,637.07 10-5126-35-00 Salaries-Vacation Buy-Out 1,500.00 40.00 1,460.00 1,460.00 10-5140-35-00 Salaries - Longevity Pay 450.00 60.00 390.00 390.00 390.00 390.00 330.00 10-5141-35-00 Salaries - Incentive 1,600.00 10-5145-35-00 Social Security Expense 5,200.00 300.00 4,900.00 4,900.00 4,265.52 4,700.00 4,520.79 10-5150-35-00 Medicare Expense 1,225.00 75.00 1,150.00 1,150.00 997.58 1,100.00 1,057.28 10-5155-35-00 SUTA Expense 270.00 80.00 190.00 190.00 72.00 75.00 189.00 10-5160-35-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,748.03 4,220.00 4,038.80 10-5165-35-00 Dental Insurance 300.00 30.00- 330.00 330.00 304.56 331.00 312.15 10-5170-35-00 Life Insurance/AD&D 315.00 215.00 100.00 100.00 302.50 350.00 343.75 10-5175-35-00 Liability (TML) Workers' Comp 1,500.00 20.00 1,480.00 1,480.00 1,039.45 1,225.00 1,030.80 10-5180-35-00 TMRS Expense 8,350.00 50.00 8,300.00 8,300.00 7,351.26 7,950.00 7,544.18 10-5185-35-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 334.80 390.00 346.08 10-5186-35-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 10-5193-35-00 Records Retention 250.00 250.00 250.00 250.00 230.97 10-5194-35-00 FD Annual Phy & Screening 650.00 650.00 650.00 650.00 1,173.50 10-5210-35-00 Supplies 300.00 200.00- 500.00 500.00 103.20 500.00 158.71 10-5220-35-00 Office Equipment 150.00 150.00 150.00 42.65 150.00 10-5230-35-00 Dues,Fees,& Subscriptions 400.00 400.00 400.00 320.00 400.00 422.88 10-5240-35-00 Postage and Delivery 60.00 60.00 60.00 25.08 60.00 112.81 10-5250-35-00 Publications 550.00 550.00 550.00 564.40 570.00 250.00 10-5280-35-00 Printing and Reproduction 500.00 500.00 500.00 348.73 500.00 10-5350-35-00 Vehicle Expense 1,953.00 1,453.00 500.00 500.00 2,464.37 2,500.00 466.46 10-5352-35-00 Fuel 1,500.00 500.00- 2,000.00 2,000.00 654.08 1,200.00 46.09 10-5353-35-00 Oil/Grease/Inspections 500.00 500.00 500.00 41.05- 100.00 264.24 10-5400-35-00 Uniform Expense 1,050.00 1,050.00 1,050.00 500.00 963.10 10-5418-35-00 IT Fees 200.00 200.00 200.00 100.00 10-5430-35-00 Legal Fees 63.00 10-5520-35-00 Telephones 900.00 900.00 900.00 412.00 10-5521-35-00 Cell Phone Expense 1,200.00 1,200.00 1,200.00 1,118.87 1,300.00 1,261.11 10-5530-35-00 Travel/Lodging/Meals Expense 500.00 500.00 500.00 49.09 500.00 10-5533-35-00 Mileage Expense 669.00 10-5536-35-00 Training/Seminars 3,200.00 3,200.00 3,200.00 1,668.87 3,200.00 2,810.00 10-5620-35-00 Tools & Equipment 150.00 150.00 150.00 95.70 150.00 63.72 10-5630-35-00 Safety Equipment 1,000.00 1,000.00 1,000.00 412.35 1,000.00 425.38 10-5640-35-00 Signs & Hardware 750.00 250.00 500.00 500.00 274.94 500.00 360.00 Subtotal: 119,273.00 4,918.00 114,355.00 114,355.00 100,029.63 113,886.00 107,338.07 Program number: 119,273.00 4,918.00 114,355.00 114,355.00 100,029.63 113,886.00 107,338.07 Department number: Fire Marshall 119,273.00 4,918.00 114,355.00 114,355.00 100,029.63 113,886.00 107,338.07 . glbase_bw16 mgarrett Town of Prosper Page 20 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 40 Streets Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-40-00 Salaries & Wages 75,800.00 4,800.00 71,000.00 71,000.00 65,589.54 71,000.00 68,618.72 10-5115-40-00 Salaries - Overtime 4,000.00 4,000.00 4,000.00 2,875.29 3,500.00 1,952.38 10-5126-40-00 Salaries-Vacation Buy-Out 570.00 805.00- 1,375.00 1,375.00 10-5140-40-00 Salaries - Longevity Pay 910.00 120.00 790.00 790.00 785.00 790.00 640.00 10-5141-40-00 Salaries - Incentive 3,600.00 10-5145-40-00 Social Security Expense 5,350.00 550.00 4,800.00 4,800.00 4,252.67 4,700.00 4,675.88 10-5150-40-00 Medicare Expense 1,260.00 140.00 1,120.00 1,120.00 994.58 1,100.00 1,055.16 10-5155-40-00 SUTA Expense 540.00 160.00 380.00 380.00 144.00 310.00 378.00 10-5160-40-00 Health Insurance 8,800.00 760.00 8,040.00 8,040.00 7,433.06 8,400.00 8,003.60 10-5165-40-00 Dental Insurance 600.00 50.00- 650.00 650.00 609.12 665.00 624.30 10-5170-40-00 Life Insurance/AD&D 189.00 11.00- 200.00 200.00 181.72 200.00 206.50 10-5175-40-00 Liability (TML) Workers Comp 4,820.00 220.00 4,600.00 4,600.00 3,505.67 4,100.00 4,343.00 10-5180-40-00 TMRS Expense 8,600.00 500.00 8,100.00 8,100.00 6,924.98 7,600.00 7,472.82 10-5185-40-00 Long Term/Short Term Disabilit 720.00 240.00- 960.00 960.00 314.51 500.00 330.94 10-5186-40-00 WELLE-Wellness Prog Reimb Empl 100.00 100.00 10-5191-40-00 Hiring Cost 50.00 50.00 50.00 10-5210-40-00 Office Supplies 400.00 300.00- 700.00 700.00 101.81 400.00 10-5220-40-00 Office Equipment 400.00 200.00- 600.00 600.00 300.00 10-5230-40-00 Dues,Fees,& Subscriptions 200.00 200.00 200.00 50.00 10-5250-40-00 Publications 50.00 50.00 50.00 10-5310-40-00 Rental Expense 2,500.00 2,500.00 2,500.00 1,757.92 2,500.00 372.06 10-5320-40-00 Repairs & Maintenance 3,500.00 3,500.00 3,500.00 10,507.42 11,000.00 15,244.74 10-5340-40-00 Building Repairs 2,500.00 2,500.00 2,500.00 237.26 1,000.00 437.54 10-5350-40-00 Vehicle Expense 3,500.00 2,100.00 1,400.00 1,400.00 3,108.08 3,500.00 982.94 10-5352-40-00 Fuel 6,000.00 200.00- 6,200.00 6,200.00 6,191.67 6,200.00 6,487.78 10-5353-40-00 Oil/Grease/Inspections 500.00 600.00- 1,100.00 1,100.00 200.00 14.50 10-5400-40-00 Uniform Expense 1,600.00 100.00 1,500.00 1,500.00 843.78 1,500.00 1,550.44 10-5430-40-00 Legal Fees 235.24 10-5480-40-00 Contracted Services 30,000.00 15,700.00 14,300.00 14,300.00 43,523.69 45,000.00 89,228.61 10-5520-40-00 Telephones 200.00 300.00- 500.00 500.00 200.00 10-5521-40-00 Cell Phone Expense 800.00 100.00- 900.00 900.00 752.72 800.00 647.46 10-5525-40-00 Electricity 75,000.00 75,000.00 75,000.00 72,078.79 77,000.00 74,812.76 10-5530-40-00 Travel/Lodging/Meals Expense 200.00 200.00- 400.00 400.00 65.58 200.00 10-5536-40-00 Training/Seminars 1,000.00 400.00 600.00 600.00 350.00 800.00 10-5620-40-00 Tools & Equipment 1,500.00 200.00- 1,700.00 1,700.00 440.67 1,700.00 2,148.14 10-5630-40-00 Safety Equipment 1,200.00 60.00 1,140.00 1,140.00 819.66 1,100.00 2,042.93 10-5640-40-00 Signs & Hardware 25,000.00 18,200.00 6,800.00 6,800.00 10,928.72 11,000.00 7,316.67 10-5650-40-00 Maintenance Materials 50,000.00 800.00 49,200.00 49,200.00 31,940.07 45,000.00 38,734.85 10-6110-40-00 Capital Expenditure 25,984.80 26,000.00 Subtotal: 318,359.00 41,504.00 276,855.00 276,855.00 303,242.78 338,315.00 342,157.96 Program number: 318,359.00 41,504.00 276,855.00 276,855.00 303,242.78 338,315.00 342,157.96 . glbase_bw16 mgarrett Town of Prosper Page 21 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 40 Streets Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Streets 318,359.00 41,504.00 276,855.00 276,855.00 303,242.78 338,315.00 342,157.96 . glbase_bw16 mgarrett Town of Prosper Page 22 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 45 Public Library Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-45-00 Salaries & Wages 21,000.00 5,500.00 15,500.00 15,500.00 14,193.76 15,500.00 10,541.91 10-5145-45-00 Social Security Expense 1,400.00 440.00 960.00 960.00 880.01 960.00 653.61 10-5150-45-00 Medicare Expense 325.00 55.00- 380.00 380.00 205.82 380.00 152.86 10-5155-45-00 SUTA Expense 270.00 220.00 50.00 50.00 156.85 160.00 184.82 10-5175-45-00 Liability (TML)/Workers' Comp 100.00 100.00 100.00 63.34 100.00 30.68 10-5190-45-00 Contract Labor 40,165.00 40,165.00 40,165.00 29,777.50 40,165.00 45,785.12 10-5191-45-00 Hiring Cost 80.00 10-5210-45-00 Supplies 1,500.00 1,500.00 1,500.00 903.45 1,500.00 2,418.79 10-5212-45-00 Building Supplies 500.00 500.00 500.00 67.00 500.00 668.61 10-5220-45-00 Office Equipment 500.00 500.00 500.00 521.99 550.00 1,088.96 10-5230-45-00 Dues,Fees,& Subscriptions 1,500.00 1,500.00 1,500.00 192.90 1,000.00 570.00 10-5240-45-00 Postage and Delivery 400.00 400.00 400.00 100.00 100.00 10-5260-45-00 Advertising 185.00 10-5280-45-00 Printing and Reproduction 73.23 75.00 99.00 10-5281-45-00 Book Purchases 8,500.00 8,500.00 8,500.00 8,532.45 8,550.00 7,340.55 10-5325-45-00 Copier Lease 900.00- 900.00 900.00 971.73 10-5480-45-00 Contracted Services 1,635.00 10-5525-45-00 Electricity 5,500.00 5,500.00 5,500.00 9,991.63 10-5530-45-00 Travel 700.00 700.00 700.00 126.44 700.00 10-5533-45-00 Mileage Expense 600.00 600.00 600.00 233.58 600.00 10-5536-45-00 Training/Seminars 500.00 500.00 500.00 626.00 750.00 510.00 10-5600-45-00 Special Events 600.00 600.00 600.00 359.87 600.00 1,166.02 10-6140-45-00 Capital Expenditure - Equipmen 399.99 Subtotal: 84,060.00 5,205.00 78,855.00 78,855.00 56,914.19 72,190.00 84,574.28 Program number: 84,060.00 5,205.00 78,855.00 78,855.00 56,914.19 72,190.00 84,574.28 Department number: Public Library 84,060.00 5,205.00 78,855.00 78,855.00 56,914.19 72,190.00 84,574.28 . glbase_bw16 mgarrett Town of Prosper Page 23 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-60-00 Salaries & Wages 371,000.00 173,500.00 197,500.00 197,500.00 182,948.92 198,000.00 132,052.41 10-5115-60-00 Salaries - Overtime 9,000.00 3,000.00 6,000.00 6,000.00 8,728.45 9,400.00 5,288.81 10-5126-60-00 Salaries-Vacation Buy-Out 2,525.00 1,125.00- 3,650.00 3,650.00 10-5140-60-00 Salaries - Longevity Pay 1,200.00 210.00 990.00 990.00 965.00 965.00 655.00 10-5141-60-00 Salaries - Incentive 5,200.00 10-5145-60-00 Social Security Expense 24,200.00 11,400.00 12,800.00 12,800.00 11,522.70 12,800.00 8,703.55 10-5150-60-00 Medicare Expense 5,650.00 2,650.00 3,000.00 3,000.00 2,694.81 3,000.00 1,998.42 10-5155-60-00 SUTA Expense 3,250.00 2,300.00 950.00 950.00 552.33 750.00 619.49 10-5160-60-00 Health Insurance 35,150.00 19,070.00 16,080.00 16,080.00 14,248.56 17,000.00 11,763.20 10-5165-60-00 Dental Insurance 2,400.00 1,110.00 1,290.00 1,290.00 1,176.03 1,375.00 912.27 10-5170-60-00 Life Insurance/AD&D 800.00 400.00 400.00 400.00 351.05 415.00 301.49 10-5175-60-00 Liability (TML) Workers Comp 10,700.00 6,800.00 3,900.00 3,900.00 2,034.29 2,500.00 3,247.00 10-5180-60-00 TMRS Expense 34,600.00 13,000.00 21,600.00 21,600.00 17,312.20 20,000.00 13,349.94 10-5185-60-00 Long Term/Short Term Disabilit 3,000.00 1,080.00 1,920.00 1,920.00 765.00 1,200.00 557.50 10-5186-60-00 WELLE-Wellness Prog Reimb Empl 400.00 400.00 10-5190-60-00 Contract Labor 5,500.00 5,000.00- 10,500.00 10,500.00 10,500.00 4,070.00 10-5191-60-00 Hiring Cost 80.00 80.00 155.00 10-5210-60-00 Office Supplies 850.00 350.00 500.00 500.00 1,263.62 1,300.00 67.13 10-5212-60-00 Building Supplies 2,400.00 1,900.00 500.00 500.00 101.13 399.00 774.08 10-5230-60-00 Dues,Fees,& Subscriptions 1,906.00 1,406.00 500.00 500.00 150.95 160.00 471.50 10-5240-60-00 Postage and Delivery 75.00 25.00 50.00 50.00 63.69 75.00 16.37 10-5280-60-00 Printing and Reproduction 400.00 50.00- 450.00 450.00 262.13 300.00 54.45- 10-5290-60-00 Miscellaneous Expense 3,053.00 3,100.00 10-5320-60-00 Repairs & Maintenance 29,000.00 15,100.00 13,900.00 13,900.00 47,517.41 50,000.00 29,384.91 10-5350-60-00 Vehicle Expense 2,500.00 1,000.00 1,500.00 1,500.00 1,554.25 1,650.00 790.57 10-5352-60-00 Fuel 8,000.00 3,300.00 4,700.00 4,700.00 9,234.60 10,000.00 6,225.40 10-5353-60-00 Oil/Grease/Inspections 725.00 175.00 550.00 550.00 220.23 250.00 268.68 10-5400-60-00 Uniform Expense 2,400.00 900.00 1,500.00 1,500.00 1,400.30 1,500.00 901.04 10-5410-60-00 Professional Services 2,500.00 2,500.00 10-5419-60-00 IT Licenses 201.37 202.00 10-5430-60-00 Legal Fees 3,500.00 1,500.00- 5,000.00 5,000.00 1,708.38 3,292.00 7,373.78 10-5435-60-00 Legal Notices/Filings 294.20 300.00 533.20 10-5480-60-00 Contracted Services 122,000.00 40,000.00- 162,000.00 162,000.00 93,530.92 115,000.00 70,148.80 10-5521-60-00 Cell Phone Expense 2,275.00 705.00 1,570.00 1,570.00 2,097.53 2,400.00 951.69 10-5525-60-00 Electricity 40,000.00 12,000.00 28,000.00 28,000.00 37,545.84 42,000.00 26,743.65 10-5530-60-00 Travel/Lodging/Meals Expense 800.00 400.00 400.00 400.00 400.00 10-5536-60-00 Training/Seminars 1,250.00 1,250.00 1,250.00 1,205.00 1,300.00 10-5600-60-00 Special Events 4,000.00 1,415.00 2,585.00 2,585.00 3,760.31 4,000.00 1,734.92 10-5630-60-00 Safety Equipment 800.00 400.00 400.00 400.00 525.84 550.00 269.77 10-6000-60-00 Park Fees Expenditures 1,700.00 1,700.00 10-6110-60-00 Capital Expenditure 5,000.00 5,000.00 10-6140-60-00 Capital Expenditure - Equipmen 80,000.00 4,133.06 75,866.94 3,000.00 95,284.48 95,500.00 3,056.27 . glbase_bw16 mgarrett Town of Prosper Page 24 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Subtotal: 817,256.00 235,454.06 581,801.94 508,935.00 548,554.52 615,863.00 338,531.39 Program number: 817,256.00 235,454.06 581,801.94 508,935.00 548,554.52 615,863.00 338,531.39 Department number: Parks and Recreation 817,256.00 235,454.06 581,801.94 508,935.00 548,554.52 615,863.00 338,531.39 . glbase_bw16 mgarrett Town of Prosper Page 25 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 70 Municipal Court Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-70-00 Salaries & Wages 56,850.00 1,350.00- 58,200.00 58,200.00 52,751.66 57,050.00 50,935.40 10-5125-70-00 Salaries-Sick Time Buy-Out 3,357.00 3,357.00 10-5126-70-00 Salaries-Vacation Buy-Out 1,120.00- 1,120.00 1,120.00 8,536.86 8,537.00 972.12 10-5140-70-00 Salaries - Longevity Pay 45.00 465.00- 510.00 510.00 510.00 510.00 450.00 10-5141-70-00 Salaries - Incentive 3,400.00 10-5145-70-00 Social Security Expense 3,600.00 110.00- 3,710.00 3,710.00 3,878.15 4,190.00 3,276.29 10-5150-70-00 Medicare Expense 850.00 20.00- 870.00 870.00 906.98 980.00 740.53 10-5155-70-00 SUTA Expense 270.00 80.00 190.00 190.00 204.65 225.00 189.00 10-5160-70-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,572.98 4,060.00 4,022.80 10-5165-70-00 Dental Insurance 300.00 30.00- 330.00 330.00 290.49 330.00 312.15 10-5170-70-00 Life Insurance/AD&D 95.00 5.00- 100.00 100.00 86.73 100.00 106.63 10-5175-70-00 Liability (TML) Workers Comp 140.00 10.00- 150.00 150.00 111.01 130.00 124.00 10-5180-70-00 TMRS Expense 5,800.00 500.00- 6,300.00 6,300.00 6,515.55 7,000.00 5,560.00 10-5185-70-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 244.34 310.00 244.46 10-5186-70-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 10-5190-70-00 Contract Labor 4,800.00 300.00- 5,100.00 5,100.00 1,960.00 2,100.00 3,104.50 10-5191-70-00 Hiring Cost 40.00 40.00 10-5210-70-00 Office Supplies 1,500.00 500.00 1,000.00 1,000.00 1,478.97 1,500.00 1,095.93 10-5212-70-00 Building Supplies 1,000.00 500.00 500.00 500.00 1,383.60 1,400.00 723.59 10-5230-70-00 Dues,Fees,& Subscriptions 330.00 330.00 330.00 351.94 360.00 330.44 10-5240-70-00 Postage and Delivery 1,000.00 100.00 900.00 900.00 927.87 1,000.00 1,312.00 10-5250-70-00 Publications 100.00 50.00- 150.00 150.00 501.81 10-5280-70-00 Printing and Reproduction 1,000.00 500.00- 1,500.00 1,500.00 1,268.69 1,500.00 532.93 10-5310-70-00 Rental Expense 24,000.00 1,000.00- 25,000.00 25,000.00 22,437.55 23,000.00 21,360.00 10-5325-70-00 Copier Lease 2,135.02 10-5400-70-00 Uniform Expense 60.00 60.00 10-5415-70-00 Tuition Reimbursement 8,400.00- 8,400.00 8,400.00 6,698.79 10-5418-70-00 IT Fees 500.00 2,300.00- 2,800.00 2,800.00 437.50 1,500.00 1,401.25 10-5420-70-00 Municipal Court/Judge Fees 9,600.00 800.00- 10,400.00 10,400.00 7,250.00 8,750.00 9,000.00 10-5425-70-00 State Fines Expense 102,000.00 10,000.00 92,000.00 92,000.00 64,640.20 96,000.00 86,454.79 10-5430-70-00 Legal Fees 1,000.00- 1,000.00 1,000.00 627.00 10-5480-70-00 Contracted Services 2,000.00 1,600.00 400.00 400.00 1,316.00 1,316.00 1,274.00 10-5520-70-00 Telephones 300.00 700.00- 1,000.00 1,000.00 1,128.31 1,300.00 1,152.15 10-5524-70-00 Gas-Building 900.00 200.00- 1,100.00 1,100.00 358.87 500.00 657.71 10-5525-70-00 Electricity 2,000.00 1,000.00- 3,000.00 3,000.00 1,504.72 1,800.00 1,335.46 10-5530-70-00 Travel/Lodging/Meals Expense 800.00 800.00 800.00 1,004.71 1,080.00 566.70 10-5533-70-00 Mileage Expense 1,500.00 850.00 650.00 650.00 118.44 330.00 463.92 10-5536-70-00 Training/Seminars 1,000.00 1,000.00 1,000.00 185.00 300.00 2,225.50 Subtotal: 227,140.00 5,870.00- 233,010.00 233,010.00 188,758.77 230,555.00 213,286.87 Program number: 227,140.00 5,870.00- 233,010.00 233,010.00 188,758.77 230,555.00 213,286.87 . glbase_bw16 mgarrett Town of Prosper Page 26 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 70 Municipal Court Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Municipal Court 227,140.00 5,870.00- 233,010.00 233,010.00 188,758.77 230,555.00 213,286.87 . glbase_bw16 mgarrett Town of Prosper Page 27 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 80 Inspections Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-80-00 Salaries & Wages 322,000.00 70,400.00 251,600.00 251,600.00 258,580.92 276,000.00 238,467.11 10-5115-80-00 Salaries - Overtime 5,000.00 5,000.00 5,000.00 5,231.06 6,000.00 590.73 10-5126-80-00 Salaries-Vacation Buy-Out 1,400.00 3,400.00- 4,800.00 4,800.00 3,126.70 3,130.00 673.20 10-5140-80-00 Salaries - Longevity Pay 1,195.00 155.00 1,040.00 1,040.00 1,040.00 1,040.00 740.00 10-5141-80-00 Salaries - Incentive 9,550.00 10-5145-80-00 Social Security Expense 20,400.00 4,100.00 16,300.00 16,300.00 16,221.49 17,300.00 15,090.73 10-5150-80-00 Medicare Expense 4,800.00 1,000.00 3,800.00 3,800.00 3,793.75 4,040.00 3,384.04 10-5155-80-00 SUTA Expense 2,700.00 1,755.00 945.00 945.00 610.08 900.00 1,085.68 10-5160-80-00 Health Insurance 26,400.00 6,300.00 20,100.00 20,100.00 18,311.05 20,800.00 20,066.00 10-5165-80-00 Dental Insurance 1,800.00 190.00 1,610.00 1,610.00 1,494.66 1,650.00 1,560.75 10-5170-80-00 Life Insurance/AD&D 575.00 75.00 500.00 500.00 446.04 500.00 516.25 10-5175-80-00 Liability (TML) Workers Comp 1,525.00 25.00 1,500.00 1,500.00 1,069.10 1,300.00 1,574.88 10-5180-80-00 TMRS Expense 29,750.00 1,750.00 28,000.00 28,000.00 24,867.94 27,000.00 24,398.54 10-5185-80-00 Long Term/Short Term Disabilit 2,160.00 240.00- 2,400.00 2,400.00 1,075.63 1,500.00 1,110.84 10-5186-80-00 WELLE-Wellness Prog Reimb Empl 250.00 250.00 210.00 10-5190-80-00 Contract Labor 1,200.00 24,700.00- 25,900.00 25,900.00 1,200.00 1,200.00 475.00 10-5191-80-00 Hiring Cost 80.00 130.00 10-5210-80-00 Office Supplies 4,000.00 4,000.00 4,000.00 3,402.18 4,000.00 4,906.63 10-5212-80-00 Building Supplies 500.00 500.00 500.00 153.48 400.00 859.35 10-5220-80-00 Office Equipment 189.86 5,300.00 732.64 10-5230-80-00 Dues,Fees,& Subscriptions 300.00 450.00- 750.00 750.00 155.94 160.00 8.34- 10-5240-80-00 Postage and Delivery 50.00 150.00- 200.00 200.00 12.56 50.00 194.12 10-5250-80-00 Publications 104.50 10-5280-80-00 Printing and Reproduction 2,000.00 150.00- 2,150.00 2,150.00 1,120.95 1,150.00 826.99 10-5320-80-00 Repairs & Maintenance 500.00 500.00 500.00 1,585.47 1,600.00 70.84 10-5340-80-00 Building Repairs 150.00 150.00 150.00 1,949.35 152.92 10-5350-80-00 Vehicle Expense 1,500.00 1,500.00 1,500.00 3,220.84 1,500.00 1,613.08 10-5352-80-00 Fuel 9,000.00 2,225.00 6,775.00 6,775.00 4,980.43 5,700.00 6,375.70 10-5353-80-00 Oil/Grease/Inspections 1,200.00 200.00 1,000.00 1,000.00 176.06 500.00 335.70 10-5400-80-00 Uniform Expense 2,000.00 2,000.00 2,000.00 1,500.44 1,900.00 10-5415-80-00 Tuition Reimbursement 5,100.00 2,235.00 2,865.00 2,865.00 3,358.89 3,400.00 1,127.22 10-5418-80-00 IT Fees 4,000.00 4,000.00 4,000.00 966.25 3,000.00 8,162.50 10-5419-80-00 IT Licenses 351.37 352.00 10-5430-80-00 Legal Fees 500.00 500.00 500.00 1,892.33 2,250.00 2,487.77 10-5465-80-00 Public Relations 500.00 500.00 500.00 521.93 600.00 319.41 10-5480-80-00 Contracted Services 750.00 750.00 750.00 600.00 750.00 540.00 10-5520-80-00 Telephones 1,200.00 3,800.00- 5,000.00 5,000.00 871.07 1,200.00 3,527.16 10-5521-80-00 Cell Phone Expense 2,000.00 2,000.00 2,000.00 1,486.99 1,600.00 1,938.68 10-5525-80-00 Electricity 6,500.00 500.00 6,000.00 6,000.00 5,887.44 6,500.00 6,269.51 10-5530-80-00 Travel/Lodging/Meals Expense 600.00 600.00 600.00 130.70 10-5533-80-00 Mileage Expense 500.00 500.00 500.00 2,699.04 3,000.00 256.17 10-5536-80-00 Training/Seminars 5,000.00 1,250.00 3,750.00 3,750.00 2,129.01 3,750.00 3,406.75 10-5630-80-00 Safety Equipment 800.00 800.00 800.00 78.50 500.00 . glbase_bw16 mgarrett Town of Prosper Page 28 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 80 Inspections Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-6110-80-00 Capital Expenditure 10,000.00 10,000.00 10-6140-80-00 Capital Expenditure - Equipmen 2,032.13 Subtotal: 479,805.00 69,520.00 410,285.00 410,285.00 376,648.80 411,652.00 365,645.88 Program number: 479,805.00 69,520.00 410,285.00 410,285.00 376,648.80 411,652.00 365,645.88 Department number: Inspections 479,805.00 69,520.00 410,285.00 410,285.00 376,648.80 411,652.00 365,645.88 . glbase_bw16 mgarrett Town of Prosper Page 29 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 85 Code Enforcement Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-85-00 Salaries & Wages 45,700.00 680.00 45,020.00 45,020.00 41,505.52 45,020.00 38,111.52 10-5115-85-00 Salaries - Overtime 1,500.00 1,500.00 1,500.00 389.52 390.00 326.29 10-5125-85-00 Salaries-Sick Time Buy-Out 2.50 10-5126-85-00 Salaries-Vacation Buy-Out 870.00- 870.00 870.00 6,713.20 10-5140-85-00 Salaries - Longevity Pay 85.00 55.00 30.00 30.00 255.00 10-5141-85-00 Salaries - Incentive 500.00 10-5145-85-00 Social Security Expense 3,000.00 60.00 2,940.00 2,940.00 2,544.97 2,800.00 2,835.78 10-5150-85-00 Medicare Expense 700.00 10.00 690.00 690.00 595.20 660.00 663.21 10-5155-85-00 SUTA Expense 270.00 80.00 190.00 190.00 72.00 80.00 234.00 10-5160-85-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,712.03 4,200.00 3,354.56 10-5165-85-00 Dental Insurance 300.00 30.00- 330.00 330.00 304.56 330.00 263.79 10-5170-85-00 Life Insurance/AD&D 95.00 5.00- 100.00 100.00 90.86 100.00 86.73 10-5175-85-00 Liability (TML) Workers' Comp 270.00 270.00 270.00 204.03 240.00 257.08 10-5180-85-00 TMRS Expense 4,800.00 200.00- 5,000.00 5,000.00 4,197.51 4,600.00 4,454.56 10-5185-85-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 201.47 280.00 156.99 10-5186-85-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 80.00 10-5190-85-00 Contract Labor 19,000.00 18,100.00 900.00 900.00 893.00 2,000.00 10-5191-85-00 Hiring Cost 35.00 10-5210-85-00 Office Supplies 500.00 250.00- 750.00 750.00 422.56 500.00 834.73 10-5212-85-00 Building Supplies 30.99 10-5220-85-00 Office Equipment 400.00- 400.00 400.00 174.81 200.00 465.21 10-5230-85-00 Dues,Fees,& Subscriptions 120.00 120.00 9.95 60.00 287.00 10-5240-85-00 Postage and Delivery 400.00 100.00 300.00 300.00 468.71 550.00 313.40 10-5280-85-00 Printing and Reproduction 500.00 750.00- 1,250.00 1,250.00 2,439.67 2,440.00 840.15 10-5320-85-00 Repairs & Maintenance 10.47 15.00 10-5350-85-00 Vehicle Expense 500.00 500.00 500.00 1,002.44 550.00 251.33 10-5352-85-00 Fuel 1,000.00 500.00- 1,500.00 1,500.00 853.40 1,000.00 1,053.01 10-5353-85-00 Oil/Grease/Inspections 100.00 150.00- 250.00 250.00 87.42 100.00 49.84 10-5400-85-00 Uniform Expense 200.00 200.00- 400.00 400.00 443.43 450.00 13.57 10-5418-85-00 IT Fees 325.00 500.00 437.50 10-5430-85-00 Legal Fees 15,000.00 14,000.00 1,000.00 1,000.00 7,596.03 8,000.00 5,226.63 10-5435-85-00 Legal Notices/Filings 500.00 500.00 500.00 43.97 250.00 32.00 10-5465-85-00 Public Relations 100.00- 100.00 100.00 208.00 210.00 77.00 10-5480-85-00 Contracted Services 60,500.00 60,500.00 60,500.00 63,454.00 65,000.00 55,766.15 10-5520-85-00 Telephones 300.00 300.00 300.00 1,451.56 1,500.00 568.92 10-5521-85-00 Cell Phone Expense 500.00 400.00- 900.00 900.00 734.49 900.00 980.91 10-5530-85-00 Travel/Lodging/Meals Expense 500.00- 500.00 500.00 14.60 15.00 39.81 10-5533-85-00 Mileage Expense 200.00- 200.00 200.00 80.00 10-5536-85-00 Training/Seminars 500.00 750.00- 1,250.00 1,250.00 130.00 130.00 581.07 10-5600-85-00 Special Events 1,000.00 300.00- 1,300.00 1,300.00 1,488.07 1,500.00 5,733.24 10-5620-85-00 Tools & Equipment 250.00 500.00- 750.00 750.00 499.77 500.00 661.86 10-5630-85-00 Safety Equipment 300.00- 300.00 300.00 10-5640-85-00 Signs & Hardware 500.00 500.00- 1,000.00 1,000.00 384.56 385.00 383.90 . glbase_bw16 mgarrett Town of Prosper Page 30 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 85 Code Enforcement Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Subtotal: 162,890.00 26,600.00 136,290.00 136,290.00 137,033.58 145,455.00 132,958.43 Program number: 162,890.00 26,600.00 136,290.00 136,290.00 137,033.58 145,455.00 132,958.43 Department number: Code Enforcement 162,890.00 26,600.00 136,290.00 136,290.00 137,033.58 145,455.00 132,958.43 . glbase_bw16 mgarrett Town of Prosper Page 31 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 90 Planning Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-90-00 Salaries & Wages 118,000.00 7,950.00 110,050.00 110,050.00 108,588.08 116,725.00 110,197.42 10-5115-90-00 Salaries - Overtime 147.74 148.00 182.70 10-5126-90-00 Salaries-Vacation Buy-Out 1,950.00 170.00- 2,120.00 2,120.00 3,721.68 3,722.00 1,398.08 10-5140-90-00 Salaries - Longevity Pay 500.00 120.00 380.00 380.00 380.00 380.00 390.00 10-5141-90-00 Salaries - Incentive 3,600.00 10-5145-90-00 Social Security Expense 7,620.00 620.00 7,000.00 7,000.00 6,479.31 7,115.00 6,685.03 10-5150-90-00 Medicare Expense 1,800.00 150.00 1,650.00 1,650.00 1,515.32 1,665.00 1,477.45 10-5155-90-00 SUTA Expense 540.00 160.00 380.00 380.00 158.72 175.00 378.00 10-5160-90-00 Health Insurance 8,800.00 760.00 8,040.00 8,040.00 7,445.12 8,407.00 8,490.72 10-5165-90-00 Dental Insurance 600.00 50.00- 650.00 650.00 609.43 665.00 648.48 10-5170-90-00 Life Insurance/AD&D 189.00 11.00- 200.00 200.00 181.81 185.00 214.76 10-5175-90-00 Liability (TML) Workers Comp 275.00 125.00- 400.00 400.00 313.36 325.00 414.28 10-5180-90-00 TMRS Expense 12,300.00 480.00 11,820.00 11,820.00 11,037.76 11,950.00 11,690.31 10-5185-90-00 Long Term/Short Term Disabilit 720.00 240.00- 960.00 960.00 503.83 650.00 565.24 10-5186-90-00 WELLE-Wellness Prog Reimb Empl 100.00 100.00 80.00 80.00 10-5190-90-00 Contract Labor 1,300.00 1,300.00 1,300.00 1,200.00 1,300.00 1,360.00 10-5210-90-00 Office Supplies 2,500.00 500.00- 3,000.00 3,000.00 2,104.07 2,500.00 3,485.02 10-5212-90-00 Building Supplies 250.00 50.00- 300.00 300.00 957.86 1,000.00 629.38 10-5220-90-00 Office Equipment 1,000.00- 1,000.00 1,000.00 1,367.64 10-5230-90-00 Dues,Fees,& Subscriptions 29,000.00 29,000.00 29,000.00 30,005.00 30,100.00 18,812.50 10-5240-90-00 Postage and Delivery 200.00 300.00- 500.00 500.00 116.49 200.00 472.31 10-5250-90-00 Publications 300.00- 300.00 300.00 187.53 200.00 10-5280-90-00 Printing and Reproduction 16.45 17.00 197.30 10-5325-90-00 Copier Lease 4,683.81 10-5340-90-00 Building Repairs 1,000.00- 1,000.00 1,000.00 2,787.98 2,800.00 3,426.62 10-5400-90-00 Uniform Expense 70.88 71.00 10-5410-90-00 Professional Services 83,050.00 33,615.00- 116,665.00 52,215.00 66,025.25 116,665.00 84,020.61 10-5418-90-00 IT Fees 500.00- 500.00 500.00 85.00 250.00 6,857.50 10-5419-90-00 IT Licenses 201.37 202.00 10-5430-90-00 Legal Fees 25,000.00 25,000.00 25,000.00 39,479.76 40,000.00 22,275.44 10-5435-90-00 Legal Notices/Filings 1,500.00 1,000.00- 2,500.00 2,500.00 2,626.39 3,500.00 3,490.40 10-5480-90-00 Contracted Services 120.00 10-5520-90-00 Telephones 2,200.00 700.00 1,500.00 1,500.00 1,958.70 2,200.00 1,701.97 10-5521-90-00 Cell Phone Expense 400.00 40.00- 440.00 440.00 396.43 400.00 457.01 10-5526-90-00 Data Network 8,250.00 8,250.00 8,250.00 7,693.43 8,250.00 6,013.49 10-5530-90-00 Travel/Lodging/Meals Expense 2,000.00 1,000.00- 3,000.00 3,000.00 901.46 1,000.00 1,254.22 10-5533-90-00 Mileage Expense 1,500.00 500.00- 2,000.00 2,000.00 1,111.07 1,500.00 1,125.18 10-5536-90-00 Training/Seminars 2,500.00 500.00- 3,000.00 3,000.00 1,525.00 2,500.00 2,840.21 10-5640-90-00 Signs & Hardware 1,000.00- 1,000.00 1,000.00 500.00 10-6110-90-00 Capital Expenditure 5,951.96 5,952.00 Subtotal: 313,044.00 30,861.00- 343,905.00 279,455.00 306,564.24 373,299.00 310,923.08 . glbase_bw16 mgarrett Town of Prosper Page 32 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 90 Planning Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Program number: 313,044.00 30,861.00- 343,905.00 279,455.00 306,564.24 373,299.00 310,923.08 Department number: Planning 313,044.00 30,861.00- 343,905.00 279,455.00 306,564.24 373,299.00 310,923.08 . glbase_bw16 mgarrett Town of Prosper Page 33 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 10 General Department: 98 Engineering Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 10-5110-98-00 Salaries & Wages 111,500.00 3,300.00 108,200.00 108,200.00 99,846.24 108,200.00 97,147.10 10-5126-98-00 Salaries-Vacation Buy-Out 2,080.00 2,080.00 2,080.00 4,160.24 4,161.00 1,854.11 10-5140-98-00 Salaries - Longevity Pay 320.00 60.00 260.00 260.00 260.00 260.00 200.00 10-5141-98-00 Salaries - Incentive 3,400.00 10-5145-98-00 Social Security Expense 6,625.00 5.00 6,620.00 6,620.00 5,896.95 6,520.00 5,774.39 10-5150-98-00 Medicare Expense 1,700.00 100.00 1,600.00 1,600.00 1,379.13 1,550.00 1,301.35 10-5155-98-00 SUTA Expense 270.00 80.00 190.00 190.00 72.00 80.00 189.00 10-5160-98-00 Health Insurance 4,390.00 370.00 4,020.00 4,020.00 3,712.03 4,200.00 4,001.80 10-5165-98-00 Dental Insurance 300.00 30.00- 330.00 330.00 318.63 350.00 312.15 10-5170-98-00 Life Insurance/AD&D 150.00 50.00 100.00 100.00 138.00 160.00 125.52 10-5175-98-00 Liability (TML) Workers Comp 265.00 5.00- 270.00 270.00 203.03 240.00 236.52 10-5180-98-00 TMRS Expense 11,700.00 100.00 11,600.00 11,600.00 10,426.64 11,300.00 10,243.14 10-5185-98-00 Long Term/Short Term Disabilit 360.00 120.00- 480.00 480.00 437.21 480.00 448.44 10-5186-98-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 50.00 10-5210-98-00 Office Supplies 50.00 350.00- 400.00 400.00 50.00 67.43 10-5212-98-00 Building Supplies 250.00- 250.00 250.00 250.84 10-5220-98-00 Office Equipment 20.40 21.00 33.89 10-5230-98-00 Dues,Fees,& Subscriptions 300.00 300.00 300.00 320.94 350.00 282.50 10-5240-98-00 Postage and Delivery 50.00 50.00 50.00 28.49 50.00 51.79 10-5250-98-00 Publications 23.76 10-5280-98-00 Printing and Reproduction 100.00- 100.00 100.00 276.00 276.00 760.47 10-5400-98-00 Uniform Expense 240.00 240.00 520.10 10-5418-98-00 IT Fees 250.00 250.00 250.00 250.00 625.00 10-5419-98-00 IT Licenses 201.37 202.00 10-5430-98-00 Legal Fees 10,000.00 8,000.00 2,000.00 2,000.00 17,980.48 18,000.00 13,330.75 10-5520-98-00 Telephones 1,725.00 1,725.00 1,725.00 10-5521-98-00 Cell Phone Expense 660.00 660.00 660.00 580.69 660.00 596.45 10-5530-98-00 Travel/Lodging/Meals Expense 750.00 750.00 750.00 1,549.48 1,800.00 667.33 10-5532-98-00 Entertainment 124.79 250.00 10-5533-98-00 Mileage Expense 1,000.00 1,000.00 1,000.00 751.79 1,000.00 495.00 10-5536-98-00 Training/Seminars 1,500.00 1,500.00 1,500.00 2,465.60 2,500.00 2,823.40 Subtotal: 155,995.00 11,260.00 144,735.00 144,735.00 151,390.13 163,200.00 145,762.23 Program number: 155,995.00 11,260.00 144,735.00 144,735.00 151,390.13 163,200.00 145,762.23 Department number: Engineering 155,995.00 11,260.00 144,735.00 144,735.00 151,390.13 163,200.00 145,762.23 Expense Subtotal ------- 7,937,253.00 684,824.06 7,252,428.94 7,115,112.00 6,679,175.71 7,569,194.00 5,315,982.55 Fund number: 10 General 15,905.00- 153,221.94- 137,316.94 604,182.67- 72,946.00 1,717,760.15- . glbase_bw16 mgarrett Town of Prosper Page 34 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 50 Water Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-4005-50-00 Water Revenue 3,678,400.00- 378,400.00- 3,300,000.00- 3,300,000.00- 3,550,133.81- 4,000,000.00- 3,152,013.72- 20-4010-50-00 Water Tap & Construction 150,000.00- 50,000.00- 100,000.00- 100,000.00- 259,789.00- 270,000.00- 213,677.50- 20-4012-50-00 Saturday Inspection Fee 600.00- 275.00 875.00- 875.00- 20-4018-50-00 Internet Cr. Card Fees(Global) 1,616.07- 20-4019-50-00 Cr. Card Pmt Fees(auth.net) 249.94- 20-4060-50-00 NSF Fees 300.00- 75.00- 225.00- 225.00- 925.00- 950.00- 600.00- 20-4610-50-00 Interest Income 40,000.00- 40,000.00- 40,000.00- 37,158.39- 40,000.00- 73,731.88- 20-4910-50-00 Other Revenue 25,000.00- 10,000.00- 15,000.00- 15,000.00- 41,546.24- 42,000.00- 37,589.15- Subtotal: 3,894,300.00- 438,200.00- 3,456,100.00- 3,456,100.00- 3,891,418.45- 4,352,950.00- 3,477,612.25- Program number: 3,894,300.00- 438,200.00- 3,456,100.00- 3,456,100.00- 3,891,418.45- 4,352,950.00- 3,477,612.25- Department number: Water 3,894,300.00- 438,200.00- 3,456,100.00- 3,456,100.00- 3,891,418.45- 4,352,950.00- 3,477,612.25- . glbase_bw16 mgarrett Town of Prosper Page 35 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 55 Sewer Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-4006-55-00 Sewer Revenue 1,800,300.00- 328,890.00- 1,471,410.00- 1,471,410.00- 1,467,851.68- 1,600,000.00- 1,132,946.32- 20-4010-55-00 Sewer Tap & Construction 80,000.00- 45,000.00- 35,000.00- 35,000.00- 111,600.00- 112,000.00- 92,100.00- Subtotal: 1,880,300.00- 373,890.00- 1,506,410.00- 1,506,410.00- 1,579,451.68- 1,712,000.00- 1,225,046.32- Program number: 1,880,300.00- 373,890.00- 1,506,410.00- 1,506,410.00- 1,579,451.68- 1,712,000.00- 1,225,046.32- Department number: Sewer 1,880,300.00- 373,890.00- 1,506,410.00- 1,506,410.00- 1,579,451.68- 1,712,000.00- 1,225,046.32- . glbase_bw16 mgarrett Town of Prosper Page 36 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 57 Utility Billing Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-4000-57-00 W/S Service Initiation 25,000.00- 7,000.00- 18,000.00- 18,000.00- 30,965.00- 31,250.00- 38,898.00- 20-4007-57-00 Sanitation 687,000.00- 107,000.00- 580,000.00- 580,000.00- 562,450.97- 615,000.00- 561,322.25- 20-4009-57-00 Late Fee-W/S 57,000.00- 37,000.00- 20,000.00- 20,000.00- 54,910.32- 58,000.00- 51,376.24- Subtotal: 769,000.00- 151,000.00- 618,000.00- 618,000.00- 648,326.29- 704,250.00- 651,596.49- Program number: 769,000.00- 151,000.00- 618,000.00- 618,000.00- 648,326.29- 704,250.00- 651,596.49- Department number: Utility Billing Department 769,000.00- 151,000.00- 618,000.00- 618,000.00- 648,326.29- 704,250.00- 651,596.49- Revenue Subtotal ------- 6,543,600.00- 963,090.00- 5,580,510.00- 5,580,510.00- 6,119,196.42- 6,769,200.00- 5,354,255.06- . glbase_bw16 mgarrett Town of Prosper Page 37 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 50 Water Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5110-50-00 Salaries & Wages 323,000.00 64,500.00 258,500.00 258,500.00 243,864.48 259,200.00 253,772.55 20-5115-50-00 Salaries - Overtime 21,000.00 3,000.00- 24,000.00 24,000.00 13,886.19 18,000.00 20,101.23 20-5126-50-00 Salaries-Vacation Buy-Out 2,000.00 3,000.00- 5,000.00 5,000.00 20-5140-50-00 Salaries - Longevity Pay 1,005.00 295.00 710.00 710.00 645.00 645.00 360.00 20-5141-50-00 Salary-Incentive 9,500.00 20-5145-50-00 Social Security Expense 22,000.00 4,000.00 18,000.00 18,000.00 15,676.16 17,000.00 17,585.79 20-5150-50-00 Medicare Expense 5,150.00 1,000.00 4,150.00 4,150.00 3,666.19 4,000.00 3,954.10 20-5155-50-00 SUTA Expense 1,890.00 940.00 950.00 950.00 405.28 450.00 970.65 20-5160-50-00 Health Insurance 30,750.00 10,650.00 20,100.00 20,100.00 18,560.15 21,000.00 19,777.44 20-5165-50-00 Dental Insurance 2,100.00 490.00 1,610.00 1,610.00 1,522.80 1,660.00 1,536.57 20-5170-50-00 Life Insurance/AD&D 690.00 190.00 500.00 500.00 503.93 600.00 408.72 20-5175-50-00 Liability (TML) Workers' Comp 9,900.00 100.00- 10,000.00 10,000.00 7,497.06 8,500.00 9,882.40 20-5176-50-00 TML Prop. & Liab Insurance 28,000.00 28,000.00 28,000.00 25,455.87 28,000.00 23,852.98 20-5180-50-00 TMRS Expense 35,400.00 5,400.00 30,000.00 30,000.00 25,278.61 28,000.00 28,681.94 20-5185-50-00 Long Term/Short Term Disabilit 2,520.00 120.00 2,400.00 2,400.00 1,130.33 1,500.00 1,184.01 20-5186-50-00 WELLE-Wellness Prog Reimb-Empl 350.00 350.00 50.00 150.00 20-5190-50-00 Contract Labor 26,000.00 26,000.00 26,000.00 16,000.00 20-5191-50-00 Hiring Cost 500.00 500.00 500.00 500.00 35.00 20-5210-50-00 Office Supplies 1,500.00 1,200.00- 2,700.00 2,700.00 751.96 1,800.00 346.92 20-5212-50-00 Building Supplies 1,200.00 1,200.00 1,200.00 1,498.92 2,000.00 829.44 20-5220-50-00 Office Equipment 2,000.00 300.00- 2,300.00 2,300.00 1,235.80 2,300.00 224.87 20-5230-50-00 Dues,Fees,& Subscriptions 6,000.00 3,750.00 2,250.00 2,250.00 7,678.53 7,700.00 325.00 20-5240-50-00 Postage and Delivery 1,000.00 800.00 200.00 200.00 11.62 50.00 16.33 20-5250-50-00 Publications 100.00 100.00 100.00 285.94 300.00 20-5280-50-00 Printing and Reproduction 7,000.00 2,000.00 5,000.00 5,000.00 5,489.72 5,500.00 2,731.81 20-5310-50-00 Rental Expense 5,000.00 5,000.00 5,000.00 2,000.00 189.20 20-5320-50-00 Repairs & Maintenance 3,500.00 3,200.00 300.00 300.00 4,022.41 4,500.00 823.88 20-5330-50-00 Copier Expense 29.97 20-5340-50-00 Building Repairs 3,000.00 3,000.00 3,000.00 2,619.36 3,000.00 2,566.00 20-5350-50-00 Vehicle Expense 15,000.00 4,000.00 11,000.00 11,000.00 12,353.95 13,000.00 8,547.85 20-5352-50-00 Fuel 22,000.00 5,000.00 17,000.00 17,000.00 22,274.16 26,000.00 20,622.02 20-5353-50-00 Oil/Grease/Inspections 2,400.00 200.00 2,200.00 2,200.00 110.50 500.00 1,104.42 20-5400-50-00 Uniform Expense 7,800.00 1,950.00 5,850.00 5,850.00 2,200.33 2,500.00 3,707.61 20-5410-50-00 Professional Services 5,000.00 5,000.00 5,000.00 3,468.00 5,000.00 3,802.50 20-5412-50-00 Audit Fees 1,000.00 1,000.00 1,000.00 1,000.00 20-5416-50-00 Engineering Fees 2,000.00 2,000.00 2,000.00 2,000.00 20-5418-50-00 IT Fees 15,000.00 15,000.00 15,000.00 18,943.75 19,000.00 20,779.01 20-5419-50-00 IT Licenses 259.80 260.00 20-5430-50-00 Legal Fees 3,600.00 2,100.00 1,500.00 1,500.00 7,872.81 9,000.00 6,583.08 20-5435-50-00 Legal Notices/Filings 326.20 20-5475-50-00 Credit Card Fees 616.42 20-5480-50-00 Contracted Services 25,000.00 21,500.00- 46,500.00 46,500.00 19,079.33 46,500.00 18,604.55 20-5520-50-00 Telephones 4,000.00 1,500.00 2,500.00 2,500.00 5,158.27 5,200.00 5,205.45 . glbase_bw16 mgarrett Town of Prosper Page 38 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 50 Water Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5521-50-00 Cell Phone Expense 7,400.00 2,200.00 5,200.00 5,200.00 2,186.57 3,500.00 1,998.98 20-5524-50-00 Gas-Building 2,000.00 500.00 1,500.00 1,500.00 1,747.78 1,850.00 1,500.29 20-5525-50-00 Electricity 180,000.00 20,000.00- 200,000.00 200,000.00 132,923.63 150,000.00 159,221.45 20-5526-50-00 Data Network 6,800.00 6,800.00 6,800.00 6,353.98 6,800.00 4,093.78 20-5530-50-00 Travel/Lodging/Meals Expense 1,000.00 500.00- 1,500.00 1,500.00 890.80 1,000.00 832.24 20-5533-50-00 Mileage Expense 600.00 650.00- 1,250.00 1,250.00 212.16 500.00 221.50 20-5536-50-00 Training/Seminars 6,000.00 2,000.00 4,000.00 4,000.00 6,091.90 6,400.00 2,106.62 20-5540-50-00 Water Testing 3,000.00 3,000.00- 6,000.00 6,000.00 1,256.00 2,000.00 5,748.00 20-5545-50-00 Meter Purchases 80,000.00 10,000.00 70,000.00 70,000.00 94,206.20 105,000.00 114,745.94 20-5550-50-00 Water Purchases 1,200,000.00 289,000.00 911,000.00 911,000.00 1,027,583.47 1,100,000.00 871,307.63 20-5620-50-00 Tools & Equipment 5,000.00 1,000.00 4,000.00 4,000.00 2,963.41 3,500.00 3,731.85 20-5630-50-00 Safety Equipment 7,000.00 2,450.00 4,550.00 4,550.00 970.22- 5,600.00 4,968.76 20-5640-50-00 Signs & Hardware 1,500.00 1,000.00- 2,500.00 2,500.00 1,024.60 2,500.00 1,885.00 20-5650-50-00 Maintenance Materials 10,000.00 10,000.00 10,000.00 2,994.64 10,000.00 2,685.41 20-5660-50-00 Chemical Supplies 2,000.00 5,000.00- 7,000.00 7,000.00 432.75 2,000.00 1,573.00 20-5670-50-00 System Improvements/Repairs 50,000.00 14,000.00- 64,000.00 64,000.00 43,210.30 64,000.00 45,425.45 20-5910-50-00 Depreciation Expense 622,867.51 20-5911-50-00 Amortization Expense 16,546.93 20-6110-50-00 Capital Expenditure 3,000.00 3,000.00 3,000.00 3,000.00 20-6140-50-00 Capital Expenditure - Equipmen 12,000.00- 12,000.00 12,000.00 12,000.00 3,998.74 20-6160-50-00 Capital Expenditure - Vehicles 25,000.00 25,000.00 20-6180-50-00 01 Bond Payment 66,300.00 66,300.00 66,300.00 66,298.65 66,300.00 28,273.58 20-6185-50-00 96 Bond Payment 71,705.00 71,705.00 71,705.00 71,705.00 71,705.00 24,817.50 20-6190-50-00 98 CO Bond Payment 63,925.00 63,925.00 63,925.00 63,922.50 63,925.00 20,790.00 20-6197-50-00 04 CO Bond Payment 539,155.00 539,155.00 539,155.00 539,152.00 539,155.00 247,132.00 20-6198-50-00 06 CO Bond Payment 492,635.00 492,635.00 492,635.00 492,633.72 492,635.00 250,710.22 20-6199-50-00 08 CO Bond Payment 119,745.00 119,745.00 119,745.00 119,745.00 119,745.00 202,778.82 20-6200-50-00 Bond Administrative Fees 1,778.00 1,778.00 323.25 20-7143-50-00 Transfer to Internal Serv. Fd 2,160.00 2,565.00- 4,725.00 4,725.00 4,725.00 20-7146-50-00 Transfer From Capital Proj Fd 36,256.60- 20-7147-50-00 Transfer to GF 340,750.00 81,750.00 259,000.00 259,000.00 259,000.00 259,000.00 219,843.00 Subtotal: 3,932,030.00 438,520.00 3,493,510.00 3,493,510.00 3,411,416.47 3,662,933.00 3,312,840.34 Program number: 3,932,030.00 438,520.00 3,493,510.00 3,493,510.00 3,411,416.47 3,662,933.00 3,312,840.34 Department number: Water 3,932,030.00 438,520.00 3,493,510.00 3,493,510.00 3,411,416.47 3,662,933.00 3,312,840.34 . glbase_bw16 mgarrett Town of Prosper Page 39 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 55 Sewer Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5110-55-00 Salaries & Wages 100,000.00 30,000.00 70,000.00 70,000.00 64,465.81 70,000.00 69,684.79 20-5115-55-00 Salaries - Overtime 12,000.00 600.00- 12,600.00 12,600.00 6,050.83 7,500.00 7,957.23 20-5126-55-00 Salaries-Vacation Buy-Out 150.00 1,190.00- 1,340.00 1,340.00 356.80 20-5140-55-00 Salaries - Longevity Pay 390.00 120.00 270.00 270.00 270.00 270.00 95.00 20-5141-55-00 Salary-Incentive 3,100.00 20-5145-55-00 Social Security Expense 7,100.00 1,850.00 5,250.00 5,250.00 4,353.41 4,900.00 5,037.97 20-5150-55-00 Medicare Expense 1,680.00 430.00 1,250.00 1,250.00 1,018.14 1,150.00 1,134.55 20-5155-55-00 SUTA Expense 810.00 430.00 380.00 380.00 144.00 160.00 378.00 20-5160-55-00 Health Insurance 13,170.00 5,130.00 8,040.00 8,040.00 7,424.06 8,400.00 8,003.60 20-5165-55-00 Dental Insurance 900.00 250.00 650.00 650.00 609.12 665.00 624.30 20-5170-55-00 Life Insurance/AD&D 285.00 85.00 200.00 200.00 181.72 200.00 206.50 20-5175-55-00 Liability (TML) Workers' Comp 4,000.00 1,000.00 3,000.00 3,000.00 2,150.23 2,400.00 3,318.60 20-5180-55-00 TMRS Expense 11,400.00 2,500.00 8,900.00 8,900.00 7,078.67 7,900.00 8,099.11 20-5185-55-00 Long Term/Short Term Disabilit 1,080.00 120.00 960.00 960.00 312.29 480.00 336.12 20-5186-55-00 WELLE-Wellness Prog Reimb-Empl 150.00 150.00 20-5191-55-00 Hiring Cost 200.00 200.00 200.00 20-5193-55-00 Records Retention 1,000.00- 1,000.00 1,000.00 500.00 20-5210-55-00 Office Supplies 500.00 350.00- 850.00 850.00 969.37 1,000.00 443.39 20-5212-55-00 Building Supplies 400.00 400.00 400.00 300.86 400.00 179.52 20-5220-55-00 Office Equipment 1,000.00 1,000.00 1,000.00 698.99 1,000.00 20-5230-55-00 Dues,Fees,& Subscriptions 500.00 500.00- 1,000.00 1,000.00 15.00 300.00 114.83 20-5240-55-00 Postage and Delivery 900.00 900.00 900.00 129.36 250.00 281.33 20-5250-55-00 Publications 100.00 100.00- 200.00 200.00 100.00 20-5260-55-00 Advertising 600.00 600.00 600.00 200.00 20-5280-55-00 Printing and Reproduction 1,000.00 500.00- 1,500.00 1,500.00 500.00 20-5310-55-00 Rental Expense 10,500.00 10,500.00 10,500.00 6,000.00 20-5320-55-00 Repairs & Maintenance 400.00 100.00 300.00 300.00 177.78 300.00 50.40 20-5335-55-00 Radio/Video Repairs 9,000.00 2,000.00 7,000.00 7,000.00 12,622.82 13,000.00 1,462.28 20-5340-55-00 Building Repairs 2,000.00 500.00- 2,500.00 2,500.00 2,500.00 195.44 20-5350-55-00 Vehicle Expense 6,000.00 800.00 5,200.00 5,200.00 2,892.57 5,200.00 168.00- 20-5352-55-00 Fuel 7,000.00 1,000.00 6,000.00 6,000.00 5,757.68 6,000.00 3,068.27 20-5353-55-00 Oil/Grease/Inspections 1,500.00 1,500.00 1,500.00 500.00 85.79 20-5400-55-00 Uniform Expense 3,200.00 1,150.00 2,050.00 2,050.00 703.80 2,000.00 1,521.92 20-5410-55-00 Professional Services 3,687.62 4,000.00 2,962.50 20-5412-55-00 Audit Fees 500.00 500.00 500.00 500.00 20-5416-55-00 Engineering Fees 1,500.00 1,500.00 1,500.00 1,500.00 20-5418-55-00 IT Fees 3,700.00 3,700.00 3,700.00 800.00 382.50 20-5430-55-00 Legal Fees 500.00 500.00 500.00 500.00 20-5480-55-00 Contracted Services 11,500.00 6,500.00 5,000.00 5,000.00 3,416.64 7,000.00 27,634.95 20-5520-55-00 Telephones 500.00 700.00- 1,200.00 1,200.00 1,019.11 20-5521-55-00 Cell Phone Expense 1,800.00 600.00 1,200.00 1,200.00 1,824.78 2,200.00 1,748.92 20-5524-55-00 Gas - Building 8.00 592.00- 600.00 600.00 292.39 400.00 605.59 20-5525-55-00 Electricity 55,000.00 5,000.00- 60,000.00 60,000.00 44,070.21 50,000.00 50,884.19 . glbase_bw16 mgarrett Town of Prosper Page 40 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 55 Sewer Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5530-55-00 Travel/Lodging/Meals Expense 800.00 200.00- 1,000.00 1,000.00 500.00 38.35 20-5533-55-00 Mileage Expense 500.00 300.00- 800.00 800.00 200.00 20-5536-55-00 Training/Seminars 3,600.00 1,500.00 2,100.00 2,100.00 422.00 3,000.00 268.53 20-5540-55-00 Water Testing 500.00 500.00- 1,000.00 1,000.00 500.00 20-5560-55-00 Sewer Management Fees 1,160,000.00 135,150.00 1,024,850.00 1,024,850.00 924,843.40 1,054,850.00 774,413.85 20-5620-55-00 Tools & Equipment 4,000.00 300.00 3,700.00 3,700.00 229.77 3,700.00 4,183.61 20-5630-55-00 Safety Equipment 6,500.00 700.00 5,800.00 5,800.00 418.00- 6,300.00 1,642.55 20-5640-55-00 Signs & Hardware 1,000.00 500.00- 1,500.00 1,500.00 210.00 1,500.00 472.18 20-5650-55-00 Maintenance Materials 7,000.00 1,000.00 6,000.00 6,000.00 2,187.22 6,000.00 159.72 20-5660-55-00 Chemical Supplies 2,000.00 600.00 1,400.00 1,400.00 769.56 1,400.00 1,389.91 20-5670-55-00 System Improvements/Repairs 30,000.00 1,500.00 28,500.00 28,500.00 6,092.67 28,000.00 28,122.94 20-5680-55-00 Lift Station Expense 30,000.00 5,000.00 25,000.00 25,000.00 58,329.60 60,000.00 21,492.00 20-6140-55-00 Capital Expenditure - Equipmen 7,691.18 8,000.00 7,279.20 20-7147-55-00 Transfer to GF 164,500.00 51,500.00 113,000.00 113,000.00 113,000.00 113,000.00 89,030.00 Subtotal: 1,683,323.00 238,933.00 1,444,390.00 1,444,390.00 1,284,975.55 1,497,625.00 1,129,298.34 Program number: 1,683,323.00 238,933.00 1,444,390.00 1,444,390.00 1,284,975.55 1,497,625.00 1,129,298.34 Department number: Sewer 1,683,323.00 238,933.00 1,444,390.00 1,444,390.00 1,284,975.55 1,497,625.00 1,129,298.34 . glbase_bw16 mgarrett Town of Prosper Page 41 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 57 Utility Billing Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 20-5110-57-00 Salaries & Wages 63,550.00 1,550.00 62,000.00 62,000.00 57,206.32 62,000.00 59,312.11 20-5115-57-00 Salaries - Overtime 3,000.00 3,000.00 3,000.00 3,590.81 3,700.00 2,492.32 20-5126-57-00 Salaries-Vacation Buy-Out 750.00 440.00- 1,190.00 1,190.00 330.80 20-5140-57-00 Salaries - Longevity Pay 595.00 120.00 475.00 475.00 475.00 475.00 355.00 20-5141-57-00 Salary-Incentive 3,200.00 20-5145-57-00 Social Security Expense 3,900.00 150.00 3,750.00 3,750.00 3,702.22 3,900.00 3,920.29 20-5150-57-00 Medicare Expense 925.00 50.00 875.00 875.00 865.81 910.00 881.71 20-5155-57-00 SUTA Expense 540.00 210.00 330.00 330.00 127.77 140.00 333.06 20-5160-57-00 Health Insurance 7,700.00 665.00 7,035.00 7,035.00 6,728.39 7,520.00 7,229.46 20-5165-57-00 Dental Insurance 525.00 40.00- 565.00 565.00 537.24 585.00 548.68 20-5170-57-00 AD&D/Life Insurance 165.00 10.00- 175.00 175.00 160.29 190.00 181.45 20-5175-57-00 Liability (TML) Workers' Comp 185.00 35.00- 220.00 220.00 157.36 200.00 160.48 20-5180-57-00 TMRS Expense 6,350.00 6,350.00 6,350.00 6,143.22 6,420.00 6,420.19 20-5185-57-00 Long Term/Short Term Disabilit 630.00 220.00- 850.00 850.00 245.20 325.00 249.90 20-5186-57-00 WELLE-Wellness Prog Reimb-Empl 100.00 100.00 160.00 160.00 20-5190-57-00 Contract Labor 200.00 400.00- 600.00 600.00 20-5210-57-00 Office Supplies 1,500.00 1,000.00 500.00 500.00 472.94 1,000.00 990.38 20-5212-57-00 Building Supplies 50.00- 50.00 50.00 43.11 20-5220-57-00 Office Equipment 3,000.00 3,000.00 3,000.00 567.18 2,000.00 20-5240-57-00 Postage and Delivery 20,000.00 2,000.00 18,000.00 18,000.00 14,459.91 18,000.00 14,278.72 20-5280-57-00 Printing and Reproduction 1,000.00 2,500.00- 3,500.00 3,500.00 81.71 150.00 554.43 20-5400-57-00 Uniform Expense 115.00 15.00 100.00 100.00 112.87 115.00 20-5415-57-00 Tuition Reimbursement 3,000.00 5,400.00- 8,400.00 8,400.00 1,657.76 2,000.00 20-5418-57-00 IT Fees 8,000.00 12,000.00- 20,000.00 20,000.00 9,246.79 12,000.00 6,095.72 20-5419-57-00 IT Licenses 1,143.00 1,250.00 20-5470-57-00 Trash Collection 632,000.00 101,000.00 531,000.00 531,000.00 432,222.76 578,000.00 524,375.80 20-5479-57-00 Household Haz. Waste Disposal 2,000.00 10,000.00- 12,000.00 12,000.00 1,585.00 1,800.00 300.00 20-5480-57-00 Contracted Services 10,000.00 400.00 9,600.00 9,600.00 7,435.80 9,600.00 8,502.64 20-5520-57-00 Telephones 800.00 300.00 500.00 500.00 664.30 750.00 429.00 20-5530-57-00 Travel/Lodging/Meals Expense 600.00 375.00 225.00 225.00 9.71 50.00 12.74 20-5533-57-00 Mileage Expense 1,400.00 900.00 500.00 500.00 412.82 450.00 400.74 20-5536-57-00 Training/Seminars 1,100.00 400.00- 1,500.00 1,500.00 888.16 1,000.00 199.00 20-6140-57-00 Capital Expenditure - Equipmen 5,918.69 8,000.00 20-7147-57-00 Transfer to GF 67,300.00 21,300.00 46,000.00 46,000.00 46,000.00 46,000.00 34,250.00 Subtotal: 840,930.00 98,640.00 742,290.00 742,290.00 602,979.03 768,690.00 676,047.73 Program number: 840,930.00 98,640.00 742,290.00 742,290.00 602,979.03 768,690.00 676,047.73 Department number: Utility Billing Department 840,930.00 98,640.00 742,290.00 742,290.00 602,979.03 768,690.00 676,047.73 Expense Subtotal ------- 6,456,283.00 776,093.00 5,680,190.00 5,680,190.00 5,299,371.05 5,929,248.00 5,118,186.41 . glbase_bw16 mgarrett Town of Prosper Page 42 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 20 Water/Sewer Department: 57 Utility Billing Department Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Fund number: 20 Water/Sewer 87,317.00- 186,997.00- 99,680.00 99,680.00 819,825.37- 839,952.00- 236,068.65- . glbase_bw16 mgarrett Town of Prosper Page 43 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 30 Interest and Sinking Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 30-4105-10-00 Property Taxes -Delinquent 25,000.00- 5,000.00 30,000.00- 30,000.00- 22,063.43- 23,000.00- 59,602.83- 30-4110-10-00 Property Taxes -Current 2,474,667.00- 358,539.00- 2,116,128.00- 2,116,128.00- 2,100,852.69- 2,116,128.00- 2,113,870.16- 30-4115-10-00 Taxes -Penalties 15,000.00- 15,000.00- 15,000.00- 14,311.35- 15,000.00- 31,100.02- 30-4610-10-00 Interest Income 16,000.00- 8,000.00 24,000.00- 24,000.00- 15,551.18- 15,900.00- 29,627.93- Subtotal: 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- Program number: 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- Department number: Administrative 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- Revenue Subtotal ------- 2,530,667.00- 345,539.00- 2,185,128.00- 2,185,128.00- 2,152,778.65- 2,170,028.00- 2,234,200.94- . glbase_bw16 mgarrett Town of Prosper Page 44 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 30 Interest and Sinking Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 30-6180-10-00 01 Bond Payment 134,620.00 13.00 134,607.00 134,607.00 134,606.35 134,607.00 134,453.92 30-6191-10-00 2010 Tax Note Payment 334,491.00 334,491.00 30-6197-10-00 04 CO Bond Payment 330,600.00 152.00 330,448.00 330,448.00 330,448.00 330,448.00 331,968.00 30-6198-10-00 2006 Bond Payment 454,445.00 294.00- 454,739.00 454,739.00 454,738.80 454,739.00 454,624.80 30-6199-10-00 2008 CO Bond Payment 1,079,652.00 1,947.00 1,077,705.00 1,077,705.00 1,077,705.00 1,077,705.00 1,160,287.29 30-6200-10-00 Bond Administrative Fees 3,000.00 3,000.00 3,000.00 1,023.25 3,000.00 2,478.00 30-7149-10-00 Transfer from Debt Service Fd 402,172.06 Subtotal: 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Program number: 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Department number: Administrative 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Expense Subtotal ------- 2,336,808.00 336,309.00 2,000,499.00 2,000,499.00 1,998,521.40 2,000,499.00 2,485,984.07 Fund number: 30 Interest and Sinking 193,859.00- 9,230.00- 184,629.00- 184,629.00- 154,257.25- 169,529.00- 251,783.13 . glbase_bw16 mgarrett Town of Prosper Page 45 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 40 Internal Service Fund Department: 10 General Fund Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 40-4610-10-00 Interest Income 500.00- 500.00- 500.00- 523.50- 550.00- 701.94- 40-4995-10-00 Transfer In 81,800.00- 10,790.00- 71,010.00- 71,010.00- 34,290.00- 71,010.00- 64,959.72- Subtotal: 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- Program number: 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- Department number: General Fund 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- Revenue Subtotal ------- 82,300.00- 10,790.00- 71,510.00- 71,510.00- 34,813.50- 71,560.00- 65,661.66- . glbase_bw16 mgarrett Town of Prosper Page 46 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 40 Internal Service Fund Department: 10 General Fund Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 40-5160-10-00 MERP H & D Expense - GF 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Subtotal: 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Program number: 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Department number: General Fund 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Expense Subtotal ------- 50,000.00 50,000.00 50,000.00 35,253.67 45,000.00 45,927.41 Fund number: 40 Internal Service Fund 32,300.00- 10,790.00- 21,510.00- 21,510.00- 440.17 26,560.00- 19,734.25- . glbase_bw16 mgarrett Town of Prosper Page 47 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 45 Storm Drainage Utility Fund Department: 10 Administration Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 45-4001-10-00 Storm Drainage Utility Fee 235,000.00- 67,000.00- 168,000.00- 168,000.00- 175,563.58- 190,500.00- 150,690.51- 45-4610-10-00 Interest Storm Utility 1,000.00- 800.00- 200.00- 200.00- 2,047.78- 2,075.00- 528.03- 45-4910-10-00 Other Revenue 500.00 500.00- 500.00- 730.82- Subtotal: 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- Program number: 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- Department number: Administration 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- Revenue Subtotal ------- 236,000.00- 67,300.00- 168,700.00- 168,700.00- 177,611.36- 192,575.00- 151,949.36- . glbase_bw16 mgarrett Town of Prosper Page 48 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 45 Storm Drainage Utility Fund Department: 10 Administration Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 45-5110-10-00 Salaries 27,710.00 27,710.00 45-5115-10-00 Salaries-Overtime 2,000.00 2,000.00 45-5145-10-00 Social Security Expense 1,750.00 1,750.00 45-5150-10-00 Medicare Expense 425.00 425.00 45-5155-10-00 SUTA Expense 270.00 270.00 45-5160-10-00 Health Insurance 4,390.00 4,390.00 45-5165-10-00 Dental Expense 300.00 300.00 45-5170-10-00 Life Ins/AD&D 95.00 95.00 45-5175-10-00 Liability (TML) Workers Comp 3,420.00 3,420.00 45-5180-10-00 TMRS Expense 2,770.00 2,770.00 45-5185-10-00 Long Tern/Short Term Disabilit 360.00 360.00 45-5186-10-00 WELLE-Wellness Prog Reimb Empl 50.00 50.00 45-5191-10-00 Hiring Cost 200.00 200.00 45-5210-10-00 Office Supplies 200.00 200.00 45-5220-10-00 Office Equipment 400.00 400.00 45-5250-10-00 Publications 50.00 50.00 45-5310-10-00 Rental Expense 6,000.00 6,000.00 45-5320-10-00 Repairs & Maiantenance 1,000.00 1,000.00 66,293.80 45-5340-10-00 Building Repairs 1,000.00 1,000.00 45-5350-10-00 Vehicle Expense 1,500.00 1,500.00 45-5352-10-00 Fuel 2,000.00 2,000.00 45-5353-10-00 Oil/Grease/Inspections 400.00 400.00 45-5400-10-00 Uniforms 1,200.00 1,200.00 45-5410-10-00 Professional Services-Storm Dr 140,000.00- 140,000.00 140,000.00 11,303.36 60,000.00 31,086.00 45-5435-10-00 Legal Notices/Filings 7,209.22 7,500.00 45-5480-10-00 Contract Services 30,000.00 30,000.00 1,888.78 2,000.00 5,198.18 45-5520-10-00 Telephones 200.00 200.00 45-5521-10-00 Cell Phone Expense 400.00 400.00 45-5530-10-00 Travel/Lodging/Meals Expense 200.00 200.00 45-5536-10-00 Training/Seminars 800.00 800.00 45-5620-10-00 Toosl & Equipment 1,500.00 1,500.00 45-5630-10-00 Safety Equipment 1,000.00 1,000.00 45-5640-10-00 Signs & Hardware 1,200.00 1,200.00 45-5650-10-00 Maintenance Materials 3,000.00 3,000.00 172.20 45-6110-10-00 Capital Expenditure 10,000.00- 10,000.00 10,000.00 10,000.00 428.16 45-6140-10-00 Capital Expenditure 10,000.00 10,000.00 45-6160-10-00 Capital Expense-Vehicles 24,000.00 24,000.00 45-7143-10-00 Transfer to Internal Serv. Fd 240.00 240.00 45-7147-10-00 Transfer to GF 14,160.00 2,760.00 11,400.00 11,400.00 11,400.00 11,400.00 Subtotal: 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 Program number: 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 . glbase_bw16 mgarrett Town of Prosper Page 49 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 45 Storm Drainage Utility Fund Department: 10 Administration Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Administration 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 Expense Subtotal ------- 144,190.00 17,210.00- 161,400.00 161,400.00 98,267.36 90,900.00 36,712.34 Fund number: 45 Storm Drainage Utility Fund 91,810.00- 84,510.00- 7,300.00- 7,300.00- 79,344.00- 101,675.00- 115,237.02- . glbase_bw16 mgarrett Town of Prosper Page 50 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 60 Parks & Recreation Fund Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 60-4045-60-00 Park Dedication-Fees 75,000.00- 45,000.00 120,000.00- 120,000.00- 141,788.76- 60-4055-60-00 Park Improvement 50,000.00- 50,000.00 100,000.00- 100,000.00- 554,400.00- 60-4530-60-00 Contributions 2,850.00- 2,900.00- 60-4615-60-00 Interest-Park Dedication 2,500.00- 2,500.00 5,000.00- 5,000.00- 4,763.09- 5,000.00- 7,001.05- 60-4620-60-00 Interest-Park Improvements 1,300.00- 1,700.00 3,000.00- 3,000.00- 2,662.09- 3,000.00- 7,810.43- Subtotal: 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- Program number: 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- Department number: Parks and Recreation 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- Revenue Subtotal ------- 128,800.00- 99,200.00 228,000.00- 228,000.00- 10,275.18- 10,900.00- 711,000.24- . glbase_bw16 mgarrett Town of Prosper Page 51 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 60 Parks & Recreation Fund Department: 60 Parks and Recreation Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 60-5290-60-00 Miscellaneous Expense 21,076.16 22,000.00 60-5411-60-00 Professional Services-Pk Imp 20,000.00 9,000.00 11,000.00 11,000.00 800.00 2,000.00 22,614.02 60-6002-60-00 Pk Imp'ment fee-Expense 38,435.05 39,000.00 596.15 60-6120-60-00 Capital Exp-Pk Improvements 600,000.00 410,000.00 190,000.00 190,000.00 377,396.58 378,000.00 347,048.08 60-6140-60-00 Capital Exp-Pk Dedication 1,000,000.00 1,000,000.00 Subtotal: 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Program number: 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Department number: Parks and Recreation 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Expense Subtotal ------- 1,620,000.00 1,419,000.00 201,000.00 201,000.00 437,707.79 441,000.00 370,258.25 Fund number: 60 Parks & Recreation Fund 1,491,200.00 1,518,200.00 27,000.00- 27,000.00- 427,432.61 430,100.00 340,741.99- . glbase_bw16 mgarrett Town of Prosper Page 52 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 65 Impact Fees Department: 99 Impact Fees Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 65-4015-99-00 Impact Fees -Water 400,000.00- 200,000.00- 200,000.00- 200,000.00- 412,586.00- 413,000.00- 276,637.00- 65-4020-99-00 Impact Fees -Sewer 350,000.00- 200,000.00- 150,000.00- 150,000.00- 346,144.00- 346,200.00- 269,095.00- 65-4040-99-00 Thoroughfare Impact Fees 550,000.00- 250,000.00- 300,000.00- 300,000.00- 636,339.76- 636,500.00- 1,978,379.15- 65-4615-99-00 Interest-Water Impact Fee 2,000.00- 8,000.00 10,000.00- 10,000.00- 4,470.85- 5,000.00- 4,088.28- 65-4620-99-00 Interest-Sewer Impact Fee 2,000.00- 4,000.00 6,000.00- 6,000.00- 3,108.16- 3,200.00- 2,876.92- 65-4640-99-00 Interest-Thorfare Imp Fee 6,000.00- 3,000.00 9,000.00- 9,000.00- 20,425.74- 21,000.00- 39,095.19- Subtotal: 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- Program number: 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- Department number: Impact Fees 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- Revenue Subtotal ------- 1,310,000.00- 635,000.00- 675,000.00- 675,000.00- 1,423,074.51- 1,424,900.00- 2,570,171.54- . glbase_bw16 mgarrett Town of Prosper Page 53 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 65 Impact Fees Department: 99 Impact Fees Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 65-5315-99-00 TF Reimbursement 40,712.30 65-5415-99-00 Professional Serv-Water Imp Fe 610,000.00 610,000.00 21,346.45 30,000.00 65-5420-99-00 Professional Serv-Sewer Imp Fe 255,000.00 255,000.00 106,770.21 110,000.00 74,260.82 65-5440-99-00 Professional Serv-Thorfare Imp 60,000.00 60,000.00 31,154.98 32,000.00 13,566.96 65-6115-99-00 Capital Expenditure-Water 978,000.00 978,000.00 65-6120-99-00 Capital Expenditure-Sewer 950,000.00 650,000.00 300,000.00 300,000.00 300,000.00 252,498.00 65-6140-99-00 Capital Expenditure-Thorofare 2,700,000.00 1,700,000.00 1,000,000.00 1,000,000.00 233,809.00 600,000.00 146,804.00 Subtotal: 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Program number: 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Department number: Impact Fees 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Expense Subtotal ------- 5,553,000.00 4,253,000.00 1,300,000.00 1,300,000.00 393,080.64 1,072,000.00 527,842.08 Fund number: 65 Impact Fees 4,243,000.00 3,618,000.00 625,000.00 625,000.00 1,029,993.87- 352,900.00- 2,042,329.46- . glbase_bw16 mgarrett Town of Prosper Page 54 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 67 Special Revenue-Donations Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 67-4510-10-00 Grants 2,000.00- 2,000.00- 2,000.00- 3,553.08- 67-4530-10-00 Police Donation Inc 16,000.00- 16,000.00- 16,000.00- 14,832.74- 16,000.00- 16,639.00- 67-4531-10-00 Fire Dept-Donation Inc 12,000.00- 12,000.00- 12,000.00- 14,213.00- 15,000.00- 12,427.00- 67-4532-10-00 Safety Fair Donations 2,000.00- 2,000.00- 2,000.00- 1,336.00- 2,000.00- 5,300.00 67-4535-10-00 Child Safety Inc 3,000.00- 3,000.00- 3,000.00- 5,530.41- 5,550.00- 3,688.69- 67-4536-10-00 Court Security Revenue 2,900.00- 2,900.00- 2,900.00- 3,253.60- 3,300.00- 3,342.00- 67-4537-10-00 Technology Fd Revenue 4,000.00- 4,000.00- 4,000.00- 3,781.56- 4,000.00- 4,287.44- 67-4721-10-00 Country Xmas Donations 10,000.00- 10,000.00- 10,000.00- 16,124.78- 16,200.00- 11,907.99- 67-4915-10-00 Escrow Income 52,312.33- 52,315.00- 204,565.15- 67-4916-10-00 Cash Seizure Forfeit-PD 500.00- 500.00- 500.00- 7,094.90- 7,100.00- Subtotal: 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- Program number: 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- Department number: Administrative 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- Revenue Subtotal ------- 52,400.00- 52,400.00- 52,400.00- 118,479.32- 121,465.00- 255,110.35- . glbase_bw16 mgarrett Town of Prosper Page 55 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 67 Special Revenue-Donations Department: 10 Administrative Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 67-5202-10-00 Country Xmas Expense 10,000.00 10,000.00 10,000.00 22,600.33 25,000.00 20,413.70 67-5203-10-00 Court Technology Expense 12,200.00 12,200.00 12,200.00 14,422.07 14,500.00 1,847.59 67-5204-10-00 Court Security Expense 2,500.00 2,500.00 2,500.00 1,274.50 2,500.00 1,364.35 67-5205-10-00 Police Donation Exp 8,000.00 8,000.00 8,000.00 24,415.23 25,000.00 15,931.04 67-5206-10-00 Fire Dept Donation Exp 8,000.00 8,000.00 8,000.00 16,246.11 16,500.00 21,985.66 67-5207-10-00 Health & Safety Fair Exp 1,500.00 1,500.00 1,500.00 1,500.00 67-5208-10-00 Child Safety Expense 1,000.00 1,000.00 1,000.00 1,628.39 1,700.00 1,093.41 67-5209-10-00 Escrow Expense 15,500.00 15,500.00 15,500.00 67-5290-10-00 Miscellaneous Expense 3,188.00 3,200.00 67-5291-10-00 Special Operations 500.00 500.00 500.00 15.29 67-7147-10-00 Transfer to G F 248,847.34 248,848.00 Subtotal: 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Program number: 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Department number: Administrative 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Expense Subtotal ------- 59,200.00 59,200.00 59,200.00 332,621.97 338,748.00 62,651.04 Fund number: 67 Special Revenue-Donations 6,800.00 6,800.00 6,800.00 214,142.65 217,283.00 192,459.31- . glbase_bw16 mgarrett Town of Prosper Page 56 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 75 Capital Projects Department: 10 Capital Projects Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 75-4510-10-00 Grants 235,000.00- 235,000.00- 235,000.00- 1,108,856.50- 1,108,860.00- 1,138,331.50- 75-4611-10-00 Interest-2004 Bond 1,000.00- 1,000.00 2,000.00- 2,000.00- 3,603.23- 3,640.00- 8,659.29- 75-4612-10-00 Interest-2006 Bond 1,000.00- 2,000.00 3,000.00- 3,000.00- 1,196.47- 1,220.00- 4,937.59- 75-4613-10-00 Interest 2008 Bond 5,000.00- 45,000.00 50,000.00- 50,000.00- 22,357.84- 23,000.00- 121,238.94- 75-4995-10-00 Transfer In 402,172.06- 75-4999-10-00 Bond Proceeds 2,045,000.00- 2,045,000.00- Subtotal: 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- Program number: 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- Department number: Capital Projects 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- Revenue Subtotal ------- 242,000.00- 48,000.00 290,000.00- 290,000.00- 3,181,014.04- 3,181,720.00- 1,675,339.38- . glbase_bw16 mgarrett Town of Prosper Page 57 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 75 Capital Projects Department: 10 Capital Projects Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 75-5110-10-00 Salaries & Wages 91,000.00 3,900.00 87,100.00 87,100.00 82,800.00 88,500.00 87,770.00 75-5141-10-00 Salary - Incentive 500.00 75-5145-10-00 Social Security Expense 5,650.00 250.00 5,400.00 5,400.00 5,133.60 5,400.00 5,511.79 75-5150-10-00 Medicare Expense 1,325.00 50.00 1,275.00 1,275.00 1,200.60 1,275.00 1,240.87 75-5155-10-00 SUTA Expense 360.00 360.00 360.00 72.00 75.00 189.00 75-5175-10-00 Liability (TML) Workers' Comp 823.00 75-5412-10-00 Professional Serv-2006 Bond 5,644.56 75-5413-10-00 Professional Serv-2008 Bond 5,600.00 6,000.00 477.00 75-5521-10-00 Cell Phone Expense 650.00 650.00 650.00 832.96 950.00 559.26 75-5533-10-00 Mileage Expense 600.00 600.00 600.00 3,820.34 4,250.00 3,015.30 75-5534-10-00 Project Mgr Expense 1,500.00 1,500.00 1,500.00 75-6111-10-00 Capital Expenditures-2004 Bond 400,000.00 400,000.00 400,000.00 20,000.00 260,353.41 75-6112-10-00 Capital Expenditures-2006 Bond 500,000.00 1,500,000.00- 2,000,000.00 2,000,000.00 172,765.02 250,000.00 1,117,540.38 75-6113-10-00 Capital Expenditure 2008 Bond 3,500,000.00 500,000.00- 4,000,000.00 4,000,000.00 2,029,180.94 2,100,000.00 11,013,699.64 75-6114-10-00 Expenditures 2010 Tax Note 785,947.82 800,000.00 75-6210-10-00 Bond Cost 47,045.00 47,045.00 75-7142-10-00 Transfer to W/S 36,256.60 75-7147-10-00 Transfer to GF 1,144,188.04 Subtotal: 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Program number: 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Department number: Capital Projects 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Expense Subtotal ------- 4,501,085.00 1,995,800.00- 6,496,885.00 6,496,885.00 3,134,398.28 3,323,495.00 13,677,768.85 Fund number: 75 Capital Projects 4,259,085.00 1,947,800.00- 6,206,885.00 6,206,885.00 46,615.76- 141,775.00 12,002,429.47 . glbase_bw16 mgarrett Town of Prosper Page 58 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 80 Economic Development Corporati Department: 65 Economic Development Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 80-4120-65-00 Sales Taxes - EDC 376,667.00- 10,000.00- 366,667.00- 366,667.00- 335,120.70- 376,667.00- 434,581.36- 80-4610-65-00 Interest Income 20,000.00- 20,000.00- 20,000.00- 18,501.00- 20,000.00- 32,327.62- 80-4910-65-00 Other Revenue 58,041.02- Subtotal: 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- Program number: 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- Department number: Economic Development 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- Revenue Subtotal ------- 396,667.00- 10,000.00- 386,667.00- 386,667.00- 353,621.70- 396,667.00- 524,950.00- . glbase_bw16 mgarrett Town of Prosper Page 59 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 80 Economic Development Corporati Department: 65 Economic Development Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection 80-5110-65-00 Salaries & Wages 26,320.00 1,820.00 24,500.00 24,500.00 25,017.42 26,500.00 120,490.40 80-5115-65-00 Salaries - Overtime 48.27 80-5140-65-00 Salaries - Longevity Pay 265.00 80-5141-65-00 Salary-Incentive 5,500.00 5,500.00 80-5145-65-00 Social Security Expense 1,700.00 200.00 1,500.00 1,500.00 1,582.07 1,650.00 7,403.70 80-5150-65-00 Medicare Expense 400.00 50.00 350.00 350.00 442.50 470.00 1,731.50 80-5155-65-00 SUTA Expense 270.00 225.00 45.00 45.00 72.00 75.00 235.58 80-5160-65-00 Health Insurance 448.22 450.00 2,348.03 80-5165-65-00 Dental Insurance 193.44 80-5170-65-00 Life Insurance/AD&D 66.08 80-5175-65-00 Liability (TML) Workers' Comp 65.00 5.00 60.00 60.00 125.00 125.00 329.94 80-5176-65-00 TML Prop. & Liab Insurance 750.00 750.00 750.00 810.50 825.00 905.36 80-5180-65-00 TMRS Expense 2,720.00 170.00 2,550.00 2,550.00 3,051.73 3,150.00 11,664.18 80-5185-65-00 Long Term/Short Term Disabilit 296.20 80-5189-65-00 Administrative Fees 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 8,000.00 80-5190-65-00 Contract Labor 1,800.00 1,800.00 1,800.00 2,009.61 2,010.00 2,025.00 80-5210-65-00 Office Supplies 2,000.00 2,000.00 2,000.00 1,156.11 1,500.00 1,346.92 80-5212-65-00 Building Supplies 500.00 500.00 500.00 281.45 500.00 103.60 80-5220-65-00 Office Equipment 1,000.00 1,000.00 1,000.00 282.99 650.00 80-5230-65-00 Dues,Fees,& Subscriptions 2,500.00 2,500.00 2,500.00 2,406.90 2,500.00 2,229.75 80-5240-65-00 Postage and Delivery 500.00 500.00 500.00 130.28 300.00 88.26 80-5265-65-00 Promotional Expense 20,000.00 20,000.00 20,000.00 5,434.29 20,000.00 15,528.79 80-5310-65-00 Rental Expense 27,500.00 27,500.00 27,500.00 27,073.38 27,500.00 27,461.90 80-5330-65-00 Copier Expense 1,000.00 1,000.00 1,000.00 884.92 1,000.00 729.95 80-5340-65-00 Building Repairs 500.00 500.00 500.00 875.27 950.00 450.00 80-5410-65-00 Professional Services 25,000.00 25,000.00 25,000.00 500.00 25,000.00 2,313.26 80-5412-65-00 Audit Fees 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 80-5418-65-00 IT Fees 4,000.00 4,000.00 4,000.00 1,638.24 4,000.00 3,563.49 80-5430-65-00 Legal Fees 10,000.00 10,000.00 10,000.00 580.90 10,000.00 10,665.10 80-5520-65-00 Telephones 4,800.00 4,800.00 4,800.00 4,218.29 4,800.00 4,991.63 80-5521-65-00 Cell Phone Expense 884.82 80-5524-65-00 Gas-Building 500.00 500.00 500.00 291.74 500.00 474.03 80-5525-65-00 Electricity 2,000.00 2,000.00 2,000.00 1,989.96 2,200.00 1,966.88 80-5530-65-00 Travel/Lodging/Meals Expense 4,000.00 4,000.00 4,000.00 386.47 4,000.00 4,397.83 80-5533-65-00 Mileage Expense 2,000.00 2,000.00 2,000.00 714.94 2,000.00 746.65 80-5536-65-00 Training/Seminars 2,500.00 2,500.00 2,500.00 2,076.00 2,500.00 3,295.00 80-6015-65-00 Leverage Fund Principal 57,419.42 80-7143-65-00 Transfer to Internal Serv. Fd 540.00 Subtotal: 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 Program number: 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 . glbase_bw16 mgarrett Town of Prosper Page 60 20:09 09/07/11 FY12 Budget with Mike Draft Fund: 80 Economic Development Corporati Department: 65 Economic Development Program: Period Ending: 9/2011 Account Description FY12 FY 12 tFY 11 FY 11 FY 11 FY 11 FY10 Mike Over/Under Adjusted Original YTD Yr End Actuals Draft 11 Adj.Budge Budget Adopted Budget As of Report Date Projection Department number: Economic Development 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 Expense Subtotal ------- 160,225.00 2,470.00 157,755.00 157,755.00 105,881.18 166,555.00 296,699.96 Fund number: 80 Economic Development Corporati 236,442.00- 7,530.00- 228,912.00- 228,912.00- 247,740.52- 230,112.00- 228,250.04- ******* End of Report ********* Page 1 of 1 ORDINANCE NO. 11-63 AN ORDINANCE RATIFYING THE PROPERTY TAX REVENUE INCREASE REFLECTED IN THE BUDGET FOR THE FISCAL YEAR OCTOBER 1, 2011 THROUGH SEPTEMBER 30, 2012 FOR THE TOWN OF PROSPER, TEXAS AS REQUIRED UNDER SECTION 102.007(C) OF THE LOCAL GOVERNMENT CODE. WHEREAS, the Town Council of the Town of Prosper, Texas adopted the budget for the fiscal period beginning October 1, 2011 and ending September 30, 2012, in words and figures as adopted by Ordinance No. 11-59; and WHEREAS, Section 102.007 (c) of the Local Government code requires a separate vote of the governing body to ratify the property tax revenue increase reflected in the budget. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, COLLIN COUNTY, TEXAS: SECTION 1: The Town Council hereby votes to “ratify” the property tax revenue increase reflected in the budget as adopted by Ordinance No. 11-59. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS ON THIS 13th DAY OF SEPTEMBER, 2011 AT A MEETING WHICH WAS HELD IN STRICT ACCORDANCE WITH THE TEXAS OPEN MEETING ACT. _____________________________ RAY SMITH, Mayor ATTEST TO: _________________________________ AMY PIUKANA, TRMC Town Secretary Page 1 of 2 To: Mayor and Town Council From: Matthew B. Garrett, Finance Director CC: Mike Land, Town Manager Re: Town Council Meeting – September 13, 2011 Date: September 08, 2011 Agenda Item: Consider all matters incident and related to the issuance and sale of the Town of Prosper General Obligation Refunding and Improvement Bonds, Series 2011, including the adoption of an ordinance authorizing the issuance of such bonds, approving an Official Statement, a Bond Purchase Agreement, a Paying Agent/Registrar Agreement, an Escrow Agreement and an engagement letter of Bond Counsel. Description of Agenda Item: The Town has several refunding opportunities on existing debt. Refunding all eligible bonds would allow the Town to take advantage of better than historical averages for short term rates. The Certificates of Obligation Series 1996, 1998 and 2001 are callable as of August 15, 2011. Estimated savings total about $220,017 over the next ten years. As part of capital budget and possible land acquisition discussions, it was determined that it would be prudent and cost-effective to include approximately $450,000 of voter approved GO debt with the scheduled refunding pricing. Approximately $320k is anticipated for Parks Equipment as authorized in Proposition 4 and $130k is being designated to cover a portion of land currently being discussed for Public Works facility as authorized in Proposition 2. The Town’s Financial Advisor, Jason Hughes will be present to discuss the refunding and/or answer any questions that may arise. The preliminary official statement for this issue can be reviewed online at https://delivery.i-dealprospectus.com/?id=%3e9%3d6B%2f82%3b3%3b8. Budget Impact: Debt Service payments for the 1996, 1998 and 2001 Series would be refunded and total annual payments increased by approximately $45k through refunding on a shorter schedule than the existing debt. Additional debt issued would add debt service payments estimated to be approximately $90k per year. Increases in debt service payments will be partially offset by additional debt service collections and the Water/Wastewater Utility picking up approximately $72 more of the 2008 Series payments to cover the Wilson Creek Interceptor planned improvement. Prosper is a place where everyone matters. Administration Page 2 of 2 Legal Obligations and Review: Dan Culver is the Town’s Bond Counsel and prepared the documents required, has included his engagement letter for consideration and verbally agreed the GO related projects are within the intent of the voter-approved propositions listed. Attached Documents: Draft Ordinance – final terms will be set once pricing is confirmed the day of our meeting Bond Counsel Engagement Letter Board/Committee Recommendation: Staff received positive feedback from multiple Bond Committee members regarding the savings opportunity to fund required Parks equipment. The Finance Committee discussed several funding approaches at the August 16 Committee Meeting and were in favor of including some GO debt with the refunding on a 7 yr repayment schedule. Town Staff Recommendation: Town staff recommends that the Town Council… “Move to adopt an ordinance authorizing the issuance and sale of the Town of Prosper General Obligation Refunding and Improvement Bonds, Series 2011 and approving all matters incident thereto.” LAW OFFICESMcCALL, PARKHURST & HORTON L.L.P. 600 CONGRESS AVENUE 717 NORTH HARWOOD 700 N. ST. MARY'S STREET 1250 ONE AMERICAN CENTER NINTH FLOOR 1525 ONE RIVERWALK PLACE AUSTIN, TEXAS 78701-3248 DALLAS, TEXAS 75201-6587 SAN ANTONIO, TEXAS 78205-3503 TELEPHONE: 512 478-3805 TELEPHONE: 214 754-9200 TELEPHONE: 210 225-2800 FACSIMILE: 512 472-0871 FACSIMILE: 214 754-9250 FACSIMILE: 210 225-2984 September 13, 2011 Mayor and Members of the Town Council Town of Prosper Town Hall Prosper, Texas 75078 Re: Proposed Town of Prosper General Obligation Refunding and Improvement Bonds, Series 2011 Ladies and Gentlemen: The purpose of this engagement letter is to set forth certain matters concerning the services we will perform as bond counsel to the Town of Prosper, Texas (the "Issuer") in connection with the issuance of the above-referenced bonds (the "Bonds"). We understand that the Bonds are being issued for the purpose of refunding up to $2,300,000 in aggregate principal amount of the Issuer's Combination Tax and Revenue Certificates of Obligation, Series 1996, 1998 and 2001 (the "Refunded Obligations") and to provide approximately $450,000 for acquiring a site for a public works facility and acquiring park equipment, as approved at the May 10, 2011 bond election. We also understand that the Bonds will be secured by a pledge of an ad valorem tax levied by the Issuer within the limit prescribed by law. We further understand that the Bonds will be authorized to be sold by the Town Council of the Issuer (the "Town Council") in accordance with an ordinance adopted on the date hereof (the "Ordinance"). In accordance with such authorization, the Town Council will negotiate the sale of the Bonds to a purchaser or purchasers (collectively, the "Underwriter"). The date that the Bonds are priced and the sale negotiated, as aforesaid, is herein referred to as the "Sale Date." A. THE FINANCING As Bond Counsel to the Issuer, we would like for the Town Council to understand how the issuance of the Bonds will be effected and the ramifications of the financing. I will briefly describe the procedures and certain applicable law that pertains to the issuance of the Bonds, below. However, you should feel free to call me at any time to discuss any questions that you or your staff may have. (1) The portion of the Bonds issued to refund the Refunded Obligations are being issued to provide debt service savings with respect to the Issuer's future debt service payments. You should discuss the full impact of the debt service restructuring with First Southwest Company, your financial advisor. (2) The Bonds will be "ordered to be issued" when and if the Town Council approves the Ordinance. The Ordinance provides for all terms of the Bonds. Among the matters approved in the Ordinance are: (i) the terms of the Bonds, including the principal amortization schedule and interest rates for the Bonds; (ii) the Issuer's commitment to levy taxes each year in an amount sufficient to pay the debt service on the Bonds; (iii) the sale of the Bonds to the Underwriter; (iv) approval of this engagement letter; (v) approval of a paying agent agreement to whom you will make semiannual payments sufficient to pay the debt service on the Bonds; (vi) instructions to the paying agent for the Refunded Obligations to give notice to the holders of the Refunded Obligations that they are being called for redemption; (vii) approval of an escrow agreement whereby the proceeds of the Bonds will be used to pay the debt service on the Refunded Obligations; and (viii) certain other covenants of the Issuer that are designed to allow the Issuer to issue the Bonds as tax-exempt obligations. As you can see from the foregoing description, the Ordinance is an omnibus undertaking of the Issuer that is intended to provide for all actions and undertakings that are required for the issuance of the Bonds. There will be other certificates and letters that will be required to be executed by officers of the Issuer on the Sale Date, but they all spring from, and are authorized by, the Ordinance. (3) As noted above, the Bonds will be sold to the Underwriter in accordance with the provisions of the Ordinance and, in addition, the Underwriter will want the Issuer to sign a Bond Purchase Contract on the Sale Date that will set forth the terms of the sale of the Bonds. We have drafted this Contract, and you should know that while it is a fairly routine form of document for this type of transaction, it does commit the Issuer to sell the Bonds to the Underwriter at the price to be negotiated between the Issuer and the Underwriter. In addition, it contains representations of the Issuer to the Underwriter to the effect that the Issuer is authorized to issue the Bonds and that it has made full disclosure to the Underwriter and the bond investors of all material information. As a condition to the Underwriter's payment for the Bonds, the Underwriter will require this firm to deliver our Bond Counsel opinion to them, in which we will opine that the Bonds are valid obligations of the Issuer and that, assuming ongoing compliance by the Issuer with the provisions of the Ordinance, the interest on the Bonds will be exempt from federal income taxation. The Bond Purchase Contract will also require the delivery of an opinion of the Texas Attorney General approving the Bonds, as is required by State law. We will review the Issuer's representations and agreements in the Bond Purchase Contract to ensure that it is appropriate for the Issuer to make the representations and agreements of the nature contained in the Purchase Contract. However, if there are any unusual financial or legal circumstances affecting the Issuer that would make the covenants, representations or statements made by the Issuer in the Bond Purchase Contract untrue, you should let the Underwriter, your financial advisor and/or the undersigned know about them as soon as possible. (4) The Underwriter of the Bonds will offer the Bonds into the public debt markets prior to the time that the Town Council meets to accept the Underwriter's offer for the Bonds. Through this process, the Bonds will be "priced" – i.e., interest rates and premiums or discounts, if any, for the Bonds will be established. On the Sale Date, the Town Council will consider the terms offered to the Issuer by the Underwriter based upon the market conditions and other factors that determine interest rates and pricing information. In connection with the offering of the Bonds, the Town Council will approve an offering document called an "Official Statement" that contains financial and operating data concerning the Issuer, and information that describes the Bonds. The Issuer is responsible for the information that is contained in the Official Statement to the extent that it describes the Bonds and the Issuer. As your Bond Counsel, we have reviewed the Official Statement to ensure that the information describing the Bonds and the Ordinance are correct. As Bond Counsel we do not review other areas of the Official Statement. If you know of any information that an investor would consider to be material in order to make an investment decision, and that information is omitted from, or incorrect in, the Official Statement, the Underwriter needs to know, so that it can correct the Official Statement. B. SCOPE OF ENGAGEMENT In this engagement, we have performed, or expect to perform, the following duties: (1) Prepare election proceedings, and assist the District in submitting appropriate election materials to the U.S. Justice Department, in accordance with the Federal Voting Rights Act. (2) Subject to the completion of proceedings to our satisfaction, render our legal opinion (the "Bond Opinion"), regarding the validity and binding effect of the Bonds, the source of payment and security for the Bonds, and the excludability of interest on the Bonds from gross income for federal income tax purposes. (3) Prepare and review documents necessary or appropriate to the authorization, issuance and delivery of the Bonds, coordinate the authorization and execution of such documents, and review enabling legislation. (4) Assist the Issuer in seeking from other governmental authorities such approvals, permissions and exemptions as we determine are necessary or appropriate in connection with the authorization, issuance and delivery of the Bonds, except that we will not be responsible for any required federal or state securities law filings. In this connection, we particularly undertake to assist the Issuer in having the Bonds approved by the Public Finance Division of the Office of the Texas Attorney General, and, following such approval, registered by the Texas Comptroller of Public Accounts. (5) Review legal issues relating to the structure of the Bond issue. (6) Review those sections of the Official Statement to be disseminated in connection with the sale of the Bonds which describe the Bonds, the Ordinance pursuant to which they will be issued and the tax-exempt treatment of the interest on the Bonds for purposes of federal income taxation. (7) If requested, assist the Issuer in presenting information to bond rating organizations and bond insurers relating to legal issues affecting the issuance of the Bonds. (8) Draft the continuing disclosure undertaking of the Issuer. Our Bond Opinion will be delivered by us on the date the Bonds are exchanged for their purchase price (the "Closing"). The Issuer will be entitled to rely on our Bond Opinion. The Bond Opinion will be based on facts and law existing as of its date. In rendering our Bond Opinion, we will rely upon the certified proceedings and other certifications of public officials and other persons furnished to us without undertaking to verify the same by independent investigation, and we will assume continuing compliance by the Issuer with applicable laws relating to the Bonds. During the course of this engagement, we will rely on you to provide us with complete and timely information on all developments pertaining to any aspect of the Bonds and their security. We understand that you will direct members of your staff and other employees of the Issuer to cooperate with us in this regard. Our duties in this engagement are limited to those expressly set forth above. Unless we are separately engaged in writing to perform other services, our duties do not include any other services, including the following: (1) Except as described in sections A and B above, assisting in the preparation or review of an official statement or any other disclosure document with respect to the Bonds, assisting in the preparation of, or opining on, a continuing disclosure undertaking pertaining to the Bonds or, after Closing, providing advice concerning any actions necessary to assure compliance with any continuing disclosure undertaking, or, in connection with the issuance of the Bonds, performing an independent investigation to determine the accuracy, completeness or sufficiency of any such document or rendering advice that the official statement or other disclosure document does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained therein, in light of the circumstances under which they were made, not misleading. (2) Preparing requests for tax rulings from the Internal Revenue Service, or no action letters from the Securities and Exchange Commission. (3) Preparing state securities law memoranda or investment surveys with respect to the Bonds. (4) Drafting state constitutional or legislative amendments. (5) Pursuing test cases or other litigation. (6) Making an investigation or expressing any view as to the creditworthiness of the Issuer or the Bonds. (7) Representing the Issuer in Internal Revenue Service examinations or inquiries, or Securities and Exchange Commission investigations. (8) After Closing, providing continuing advice to the Issuer or any other party concerning any actions necessary to assure that interest paid on the Bonds will continue to be excludable from gross income for federal income tax purposes (e.g., our engagement does not include rebate calculations for the Bonds). (9) Negotiating the terms of, or opining as to, any investment contract. (10) Addressing any other matter not specifically set forth above that is not required to render our Bond Opinion. ATTORNEY-CLIENT RELATIONSHIP Upon execution of this engagement letter, the Issuer will be our client and an attorney-client relationship will exist between us. We further assume that all other parties in this transaction understand that we represent only the Issuer in this transaction, we are not counsel to any other party, and we are not acting as an intermediary among the parties. Our services as bond counsel are limited to those contracted for in this letter; the Issuer's execution of this engagement letter will constitute an acknowledgment of those limitations. Our representation of the Issuer will not affect, however, our responsibility to render an objective Bond Opinion. Our representation of the Issuer and the attorney-client relationship created by this engagement letter will be concluded upon issuance of the Bonds. Nevertheless, subsequent to Closing, we will mail the appropriate Internal Revenue Service Form 8038, prepare and distribute to the participants in the transaction a transcript of the proceedings pertaining to the Bonds. CONFLICTS As you are aware, our firm represents many political subdivisions and investment banking firms, among others, who do business with political subdivisions. It is possible that during the time that we are representing the Issuer, one or more of our present or future clients will have transactions with the Issuer. It is also possible that we may be asked to represent, in an unrelated matter, one or more of the entities involved in the issuance of the Bonds, including the Issuer's financial advisor. We do not believe such representation, if it occurs, will adversely affect our ability to represent you as provided in this letter, either because such matters will be sufficiently different from the issuance of the Bonds so as to make such representations not adverse to our representation of you, or because the potential for such adversity is remote or minor and outweighed by the consideration that it is unlikely that advice given to the other client will be relevant to any aspect of the issuance of the Bonds. Execution of this letter will signify the Issuer's consent to our representation of others consistent with the circumstances described in this paragraph. FEES Our fee is based upon the following considerations: (i) the terms, structure, size and schedule of the financing represented by the Bonds; (ii) the duties we will undertake pursuant to this engagement letter; (iii) the time we anticipate devoting to the financing; (iv) the fact that our fee is contingent on the issuance of the Bonds; and (v) responsibilities we will assume in connection therewith, our fee will be $10,000 for the first $1,000,000 in net proceeds of the Bonds, plus $1.00 per $1,000 for the net proceeds that exceed $1,000,000. The fee includes our services rendered as Bond Counsel, but does not include client charges made or incurred on your behalf, such as travel costs, photocopying, deliveries, long distance telephone charges, telecopier charges, computer- assisted research and other expenses. Our fee will be billed after the Closing. If the financing is not consummated, we understand and agree that we will not be paid. In accordance with the terms of the Ordinance, the Issuer will provide the filing fee of the Texas Attorney General to Bond Counsel on a timely basis to permit the filing of the transcript of proceedings for the Bonds so that the Bonds may be approved by the Attorney General in time to meet the closing date set forth in the Official Statement. RECORDS At your request, papers and property furnished by you will be returned promptly upon receipt of payment for outstanding fees and client charges. Our own files, including lawyer work product, pertaining to the transaction will be retained by us. For various reasons, including the minimization of unnecessary storage expenses, we reserve the right to dispose of any documents or other materials retained by us after the termination of this engagement. If the foregoing terms are acceptable to you, please so indicate by returning the enclosed copy of this engagement letter dated and signed by an authorized officer, retaining the original for your files. We look forward to working with you. Very truly yours, McCall, Parkhurst & Horton L.L.P. By: Dan S. Culver Accepted and Approved Town of Prosper, Texas By: Its: Mayor Date: September 13, 2011 DRAFT 9/1/11 ORDINANCE OF THE TOWN OF PROSPER, TEXAS AUTHORIZING THE ISSUANCE OF TOWN OF PROSPER, TEXAS GENERAL OBLIGATION REFUNDING AND IMPROVEMENT BONDS SERIES 2011 i TABLE OF CONTENTS Section 1. Recitals, Amount and Purpose of the Bonds ................................2 Section 2. Designation, Date, Denominations, Numbers, and Maturities and Interest Rates of Bonds ...............................................................2 Section 3. Characteristics of the Bonds ............................................3 Section 4. Form of Bonds .......................................................7 Section 5. Interest and Sinking Fund .............................................13 Section 6. Defeasance of Bonds .................................................14 Section 7. Damaged, Mutilated, Lost, Stolen, or Destroyed Bonds ......................15 Section 8. Custody, Approval, and Registration of Bonds; Bond Counsel's Opinion; CUSIP Numbers and Contingent Insurance Provision, If Obtained; Engagement of Bond Counsel ..............................................................16 Section 9. Covenants Regarding Tax Exemption of Interest on the Bonds ................17 Section 10. Sale of Bonds and Approval of Official Statement; Further Procedures .........19 Section 11. Default and Remedies ...............................................20 Section 12. Compliance with Rule 15c2-12........................................21 Section 13. Method of Amendment ..............................................24 Section 14. Approval of Escrow Agreement and Transfer of Funds .....................26 Section 15. Redemption of Refunded Obligations ...................................26 Section 16. Appropriation ......................................................26 Section 17. Severability .......................................................26 Section 18. Designation as Qualified Tax-Exempt Obligations .........................26 Section 19. Effective Date .....................................................27 Schedule I Schedule of Refunded Obligations ....................................S-1 Exhibit A Annual Financial Statements and Operating Data ........................ A-1 Exhibit B - Notice of Redemption...............................................B-1 ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF TOWN OF PROSPER, TEXAS GENERAL OBLIGATION REFUNDING AND IMPROVEMENT BONDS, SERIES 2011; LEVYING AN ANNUAL AD VALOREM TAX FOR THE PAYMENT OF SAID BONDS; APPROVING AN OFFICIAL STATEMENT; CALLING CERTAIN OUTSTANDING OBLIGATIONS FOR REDEMPTION PRIOR TO MATURITY; AND ENACTING OTHER PROVISIONS RELATING TO THE SUBJECT THE STATE OF TEXAS § COUNTIES OF COLLIN AND DENTON § TOWN OF PROSPER § WHEREAS, certain previously issued and outstanding obligations of the Town of Prosper, Texas (the "Issuer") styled "Town of Prosper, Texas Combination Tax and Revenue Certificates of Obligation, Series 1996" (the "Refunded Series 1996 Obligations"), "Town of Prosper, Texas Combination Tax and Revenue Certificates of Obligation, Series 1998" (the "Refunded Series 1998 Obligations") and "Town of Prosper, Texas Combination Tax and Revenue Certificates of Obligation, Series 2001" (the "Refunded Series 2001 Obligations"), as further described in Schedule I attached hereto and incorporated herein (collectively, the "Refunded Obligations") are intended to be and shall be refunded pursuant to this Ordinance; WHEREAS, Chapter 1207, Texas Government Code, authorizes the Issuer to issue refunding bonds and to deposit the proceeds from the sale thereof, together with any other available funds or resources, directly with a paying agent for the Refunded Obligations or a trust company or commercial bank that does not act as a depository for the Issuer and is named in these proceedings, and such deposit, if made before the payment dates of the Refunded Obligations, shall constitute the making of firm banking and financial arrangements for the discharge and final payment of the Refunded Obligations; WHEREAS, Chapter 1207, Texas Government Code, further authorizes the Issuer to enter into an escrow or similar agreement with such paying agent for the Refunded Obligations or trust company or commercial bank with respect to the safekeeping, investment, reinvestment, administration and disposition of any such deposit, upon such terms and conditions as the Issuer and such paying agent or trust company or commercial bank may agree; WHEREAS, The Bank of New York Mellon Trust Company, N.A. is the paying agent for the Refunded Series 1996 Obligations and the Refunded Series 1998 Obligations, and the Escrow Deposit Agreement, wherein The Bank of New York Mellon Trust Company, N.A. is the escrow agent with respect to such issues, hereinafter authorized constitutes an escrow agreement of the kind authorized and permitted by said Chapter 1207; WHEREAS, U.S. Bank National Association is the paying agent for the Refunded Series 2001 Obligations, and the Escrow Deposit Agreement, wherein U.S. Bank National Association is the escrow agent with respect to such issue, hereinafter authorized constitutes an escrow agreement of the kind authorized and permitted by said Chapter 1207; 2 WHEREAS, the Town Council hereby finds and declares a public purpose and it is in the best interests of the Issuer to refund the Refunded Obligations in order to achieve a debt service savings, and that such refunding will result in a gross debt service savings of approximately $_______ and a present value debt service savings of $________ to the Issuer; WHEREAS, all the Refunded Obligations mature or are subject to redemption prior to maturity within 20 years of the date of the bonds hereinafter authorized; WHEREAS, at an election in the Issuer held on May 10, 2011 (the "Election"), the voters of the Issuer approved the issuance of tax bonds by the Issuer in five propositions totaling $25,040,000.00 for the following purposes and in the following amounts: Proposition Number Purpose Bonds Approved 1 Purpose of acquiring a site for, and designing, a multi-purpose municipal facility to serve as Town Hall and for other municipal services, with any surplus bond proceeds to be used for the construction of such facility. $1,250,000 2 Purpose of acquiring a site for, and designing, a public works facility, with any surplus bond proceeds to be used for the construction of such facility. $450,000 3 Purpose of designing, constructing, improving and equipping public safety facilities in the Town, to-wit: police and fire stations and facilities to improve and expand the Town's public safety communications system for police, fire, emergency medical service and other communications relating to public safety and emergency conditions, and the acquisition of land and interests in land as necessary for such purposes. $3,850,000 4 Purpose of designing, constructing, improving and equipping parks, trails and recreational facilities and a park administration facility, and the acquisition of land and interests in land for such purposes. $6,200,000 5 Purpose of constructing, improving, extending, expanding, upgrading and developing streets and roads, bridges and intersections including, utility relocation, landscaping, sidewalks, traffic safety and operational improvements, the purchase of any necessary right-of-way, drainage and other related costs. $13,290,000 3 WHEREAS, the Town Council of the Issuer deems it necessary and advisable to authorize, issue and deliver $130,000 of the authorization from Proposition 2 for the purposes stated in the preceding paragraph and to issue $320,000 of the authorization from Proposition 4 for the purposes stated in the preceding paragraph, thereby leaving $320,000 of voted but unissued authorization from Proposition 2 and $5,880,000 from Proposition 4 and all voted authorization from Propositions 1, 3 and 5; and WHEREAS, Chapter 1207 authorizes the Issuer to authorize, issue and deliver said voted bonds in conjunction with the issuance of the refunding bonds hereinafter authorized; and WHEREAS, the bonds hereafter authorized are being issued and delivered pursuant to said Chapter 1207 and Chapter 1331 of the Texas Government Code; and WHEREAS, it is officially found, determined, and declared that the meeting at which this Ordinance has been adopted was open to the public and public notice of the time, place and subject matter of the public business to be considered and acted upon at said meeting, including this Ordinance, was given, all as required by the applicable provisions of Texas Government Code, Chapter 551; Now, Therefore BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: Section 1. RECITALS, AMOUNT AND PURPOSE OF THE BONDS. The recitals set forth in the preamble hereof are incorporated herein and shall have the same force and effect as if set forth in this Section. The bonds of the Issuer are hereby authorized to be issued and delivered in the aggregate principal amount of $2,820,000, to wit: $2,365,000 FOR THE PURPOSE OF PROVIDING FUNDS TO REFUND A PORTION OF THE ISSUER'S OUTSTANDING CERTIFICATES OF OBLIGATION AND $455,000 FOR THE CONSTRUCTION AND EQUIPMENT OF PUBLIC IMPROVEMENTS IN THE ISSUER AS DESCRIBED IN THE PREAMBLE HERETO. Section 2. DESIGNATION, DATE, DENOMINATIONS, NUMBERS, AND MATURITIES AND INTEREST RATES OF BONDS. Each bond issued pursuant to this Ordinance shall be designated: "TOWN OF PROSPER, TEXAS, GENERAL OBLIGATION REFUNDING AND IMPROVEMENT BOND, SERIES 2011," and initially there shall be issued, sold, and delivered hereunder one fully registered bond, without interest coupons, dated September 1, 2011, in the principal amount stated above and in the denominations hereinafter stated, numbered T-1, with bonds issued in replacement thereof being in the denominations and principal amounts hereinafter stated and numbered consecutively from R-1 upward, payable to the respective Registered Owners thereof (with the initial bond being made payable to the initial purchaser as described in Section 10 hereof), or to the registered assignee or assignees of said bonds or any portion or portions thereof (in each case, the "Registered Owner"), and said bonds shall mature and be payable serially on August 15in each of the years and in the principal amounts, respectively, and shall bear interest from the dates set forth in the FORM OF BOND set forth in Section 4 of this 4 Ordinance to their respective dates of maturity at the rates per annum, as set forth in the following schedule: Years of Maturity Principal Amount Interest Rates Years of Maturity Principal Amount Interest Rates 2012 2017 2013 2018 2014 2019 2015 2020 2016 2021 Section 3. CHARACTERISTICS OF THE BONDS. (a) Registration, Transfer, Conversion and Exchange. The Issuer shall keep or cause to be kept at the designated corporate trust office of U.S. Bank National Association, in Dallas, Texas (the "Paying Agent/Registrar"), books or records for the registration of the transfer, conversion and exchange of the Bonds (the "Registration Books"), and the Issuer hereby appoints the Paying Agent/Registrar as its registrar and transfer agent to keep such books or records and make such registrations of transfers, conversions and exchanges under such reasonable regulations as the Issuer and Paying Agent/Registrar may prescribe; and the Paying Agent/Registrar shall make such registrations, transfers, conversions and exchanges as herein provided. The Paying Agent/Registrar shall obtain and record in the Registration Books the address of the registered owner of each Bond to which payments with respect to the Bonds shall be mailed, as herein provided; but it shall be the duty of each registered owner to notify the Paying Agent/Registrar in writing of the address to which payments shall be mailed, and such interest payments shall not be mailed unless such notice has been given. The Issuer shall have the right to inspect the Registration Books during regular business hours of the Paying Agent/Registrar, but otherwise the Paying Agent/Registrar shall keep the Registration Books confidential and, unless otherwise required by law, shall not permit their inspection by any other entity. The Issuer shall pay the Paying Agent/Registrar's standard or customary fees and charges for making such registration, transfer, conversion, exchange and delivery of a substitute Bond or Bonds. Registration of assignments, transfers, conversions and exchanges of Bonds shall be made in the manner provided and with the effect stated in the FORM OF BOND set forth in this Ordinance. Each substitute Bond shall bear a letter and/or number to distinguish it from each other Bond. Except as provided in Section 3(c) of this Ordinance, an authorized representative of the Paying Agent/Registrar shall, before the delivery of any such Bond, date and manually sign said Bond, and no such Bond shall be deemed to be issued or outstanding unless such Bond is so executed. The Paying Agent/Registrar promptly shall cancel all paid Bonds and Bonds surrendered for conversion and exchange. No additional ordinances, orders, or resolutions need be passed or adopted by the governing body of the Issuer or any other body or person so as to accomplish the foregoing conversion and exchange of any Bond or portion thereof, and the Paying Agent/Registrar shall provide for the printing, execution, and delivery of the substitute Bonds in the manner 5 prescribed herein, and said Bonds shall be printed or typed on paper of customary weight and strength. Pursuant to Chapter 1201, Government Code, as amended, the duty of conversion and exchange of Bonds as aforesaid is hereby imposed upon the Paying Agent/Registrar, and, upon the execution of said Bond, the converted and exchanged Bond shall be valid, incontestable, and enforceable in the same manner and with the same effect as the Bonds that initially were issued and delivered pursuant to this Ordinance, approved by the Attorney General and registered by the Comptroller of Public Accounts. (b) Payment of Bonds and Interest. The Issuer hereby further appoints the Paying Agent/Registrar to act as the paying agent for paying the principal of and interest on the Bonds, all as provided in this Ordinance. The Paying Agent/Registrar shall keep proper records of all payments made by the Issuer and the Paying Agent/Registrar with respect to the Bonds, and of all conversions and exchanges of Bonds, and all replacements of Bonds, as provided in this Ordinance. However, in the event of a nonpayment of interest on a scheduled payment date, and for thirty (30) days thereafter, a new record date for such interest payment (a "Special Record Date") will be established by the Paying Agent/Registrar, if and when funds for the payment of such interest have been received from the Issuer. Notice of the past due interest shall be sent at least five (5) business days prior to the Special Record Date by United States mail, first-class postage prepaid, to the address of each registered owner appearing on the Registration Books at the close of business on the last business day next preceding the date of mailing of such notice. (c) In General. The Bonds (i) shall be issued in fully registered form, without interest coupons, with the principal of and interest on such Bonds to be payable only to the registered owners thereof, (ii) may be converted and exchanged for other Bonds, (iii) may be transferred and assigned, (iv) shall have the characteristics, (v) shall be signed, sealed, executed and authenticated, (vi) the principal of and interest on the Bonds shall be payable, and (vii) shall be administered and the Paying Agent/Registrar and the Issuer shall have certain duties and responsibilities with respect to the Bonds, all as provided, and in the manner and to the effect as required or indicated, in the FORM OF BOND set forth in this Ordinance. The Bond initially issued and delivered pursuant to this Ordinance is not required to be, and shall not be, authenticated by the Paying Agent/Registrar, but on each substitute Bond issued in conversion of and exchange for any Bond or Bonds issued under this Ordinance the Paying Agent/Registrar shall execute the PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE, in the form set forth in the FORM OF BOND. (d) Paying Agent/Registrar for the Bonds. The Issuer covenants with the registered owners of the Bonds that at all times while the Bonds are outstanding the Issuer will provide a competent and legally qualified bank, trust company, financial institution, or other entity to act as and perform the services of Paying Agent/Registrar for the Bonds under this Ordinance, and that the Paying Agent/Registrar will be one entity. The Issuer reserves the right to, and may, at its option, change the Paying Agent/Registrar upon not less than 60 days written notice to the Paying Agent/Registrar, to be effective not later than 45 days prior to the next principal or interest payment date after such notice. In the event that the entity at any time acting as Paying Agent/Registrar (or its successor by merger, acquisition, or other method) should resign or otherwise cease to act as such, the Issuer covenants that promptly it will appoint a competent and legally qualified bank, trust company, 6 financial institution, or other entity to act as Paying Agent/Registrar under this Ordinance. Upon any change in the Paying Agent/Registrar, the previous Paying Agent/Registrar promptly shall transfer and deliver the Registration Books (or a copy thereof), along with all other pertinent books and records relating to the Bonds, to the new Paying Agent/Registrar designated and appointed by the Issuer. Upon any change in the Paying Agent/Registrar, the Issuer promptly will cause a written notice thereof to be sent by the new Paying Agent/Registrar to each Registered Owner of the Bonds, by United States mail, first-class postage prepaid, which notice also shall give the address of the new Paying Agent/Registrar. By accepting the position and performing as such, each Paying Agent/Registrar shall be deemed to have agreed to the provisions of this Ordinance, and a certified copy of this Ordinance shall be delivered to each Paying Agent/Registrar. (e) Authentication. Except as provided below, no Bond shall be valid or obligatory for any purpose or be entitled to any security or benefit of this Ordinance unless and until there appears thereon the Certificate of Paying Agent/Registrar substantially in the form provided in this Ordinance, duly authenticated by manual execution of the Paying Agent/Registrar. It shall not be required that the same authorized representative of the Paying Agent/Registrar sign the Certificate of Paying Agent/Registrar on all of the Bonds. In lieu of the executed Certificate of Paying Agent/Registrar described above, the Initial Bond delivered on the closing date shall have attached thereto the Comptroller's Registration Certificate substantially in the form provided in this Ordinance, manually executed by the Comptroller of Public Accounts of the State of Texas or by his duly authorized agent, which certificate shall be evidence that the Initial Bond has been duly approved by the Attorney General of the State of Texas and that it is a valid and binding obligation of the Issuer, and has been registered by the Comptroller. (f) Book-Entry Only System. The Bonds issued in exchange for the Bond initially issued to the initial purchaser specified herein shall be initially issued in the form of a separate single fully registered Bond for each of the maturities thereof. Upon initial issuance, the ownership of each such Bond shall be registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York ("DTC"), and except as provided in subsection (f) hereof, all of the outstanding Bonds shall be registered in the name of Cede & Co., as nominee of DTC. With respect to Bonds registered in the name of Cede & Co., as nominee of DTC, the Issuer and the Paying Agent/Registrar shall have no responsibility or obligation to any securities brokers and dealers, banks, trust companies, clearing corporations and certain other organizations on whose behalf DTC was created ("DTC Participant") to hold securities to facilitate the clearance and settlement of securities transactions among DTC Participants or to any person on behalf of whom such a DTC Participant holds an interest in the Bonds. Without limiting the immediately preceding sentence, the Issuer and the Paying Agent/Registrar shall have no responsibility or obligation with respect to (i) the accuracy of the records of DTC, Cede & Co. or any DTC Participant with respect to any ownership interest in the Bonds, (ii) the delivery to any DTC Participant or any other person, other than a Registered Owner of Bonds, as shown on the Registration Books, of any notice with respect to the Bonds, or (iii) the payment to any DTC Participant or any other person, other than a Registered Owner of Bonds, as shown in the Registration Books of any amount with respect to principal of or interest on the Bonds. Notwithstanding any other provision of this Ordinance to the 7 contrary, the Issuer and the Paying Agent/Registrar shall be entitled to treat and consider the person in whose name each Bond is registered in the Registration Books as the absolute owner of such Bond for the purpose of payment of principal and interest with respect to such Bond, for the purpose of registering transfers with respect to such Bond, and for all other purposes whatsoever. The Paying Agent/Registrar shall pay all principal of and interest on the Bonds only to or upon the order of the Registered Owners, as shown in the Registration Books as provided in this Ordinance, or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge the Issuer's obligations with respect to payment of principal of and interest on the Bonds to the extent of the sum or sums so paid. No person other than a Registered Owner, as shown in the Registration Books, shall receive a Bond evidencing the obligation of the Issuer to make payments of principal and interest pursuant to this Ordinance. Upon delivery by DTC to the Paying Agent/Registrar of written notice to the effect that DTC has determined to substitute a new nominee in place of Cede & Co., and subject to the provisions in this Ordinance with respect to interest checks being mailed to the Registered Owner at the close of business on the Record date, the words "Cede & Co." in this Ordinance shall refer to such new nominee of DTC. The previous execution and delivery of the Blanket Letter of Representations with respect to obligations of the Issuer is hereby ratified and confirmed; and the provisions thereof shall be fully applicable to the Bonds. (g) Successor Securities Depository; Transfers Outside Book-Entry Only System. In the event that the Issuer determines that DTC is incapable of discharging its responsibilities described herein and in the representations letter of the Issuer to DTC or that it is in the best interest of the beneficial owners of the Bonds that they be able to obtain certificated Bonds, the Issuer shall (i) appoint a successor securities depository, qualified to act as such under Section 17A of the Securities and Exchange Act of 1934, as amended, notify DTC and DTC Participants of the appointment of such successor securities depository and transfer one or more separate Bonds to such successor securities depository or (ii) notify DTC and DTC Participants of the availability through DTC of Bonds and transfer one or more separate certificated Bonds to DTC Participants having Bonds credited to their DTC accounts. In such event, the Bonds shall no longer be restricted to being registered in the Registration Books in the name of Cede & Co., as nominee of DTC, but may be registered in the name of the successor securities depository, or its nominee, or in whatever name or names Registered Owners transferring or exchanging Bonds shall designate, in accordance with the provisions of this Ordinance. (h) Payments to Cede & Co. Notwithstanding any other provision of this Ordinance to the contrary, so long as any Bond is registered in the name of Cede & Co., as nominee of DTC, all payments with respect to principal of and interest on such Bond and all notices with respect to such Bond shall be made and given, respectively, in the manner provided in the representations letter of the Issuer to DTC. (i) Cancellation of Initial Bond. On the closing date, one initial Bond representing the entire principal amount of the Bonds, payable in stated installments to the purchaser designated in Section 10 or its designee, executed by manual or facsimile signature of the Mayor and Town Secretary of 8 the Issuer, approved by the Attorney General of Texas, and registered and manually signed by the Comptroller of Public Accounts of the State of Texas, will be delivered to such purchaser or its designee. Upon payment for the initial Bond, the Paying Agent/Registrar shall cancel the initial Bond and deliver to the Depository Trust Company on behalf of such purchaser one registered definitive Bond for each year of maturity of the Bonds, in the aggregate principal amount of all of the Bonds for such maturity. Section 4. FORM OF BONDS. The form of the Bonds, including the form of Paying Agent/Registrar's Authentication Certificate, the form of Assignment and the form of Registration Certificate of the Comptroller of Public Accounts of the State of Texas to be attached to the Bonds initially issued and delivered pursuant to this Ordinance, shall be, respectively, substantially as follows, with such appropriate variations, omissions or insertions as are permitted or required by this Ordinance. (a) Form of Bond. NO. R-UNITED STATES OF AMERICA STATE OF TEXAS PRINCIPAL AMOUNT $_________ TOWN OF PROSPER, TEXAS GENERAL OBLIGATION REFUNDING AND IMPROVEMENT BOND SERIES 2011 Interest Rate Dated Date Maturity Date CUSIP No. September 1, 2011 February 15, ____ REGISTERED OWNER: PRINCIPAL AMOUNT: DOLLARS ON THE MATURITY DATE specified above, the Town of Prosper, in Collin and Denton Counties, Texas (the "Issuer"), being a political subdivision and municipal corporation of the State of Texas, hereby promises to pay to the Registered Owner specified above, or registered assigns (hereinafter called the "Registered Owner"), on the Maturity Date specified above, the Principal Amount specified above. The Issuer promises to pay interest on the unpaid principal amount hereof (calculated on the basis of a 360-day year of twelve 30-day months) from September 1, 2011 at the Interest Rate per annum specified above. Interest is payable on February 15, 2012 and semiannually on each August 15 and February 15 thereafter to the Maturity Date specified above; except, if this Bond is required to be authenticated and the date of its authentication is later than the first Record Date (hereinafter defined), such Principal Amount shall bear interest from the interest payment date next preceding the date of authentication, unless such date of authentication is after any Record Date but on or before the next following interest payment date, in which case such principal amount shall bear interest from such next following interest payment date; provided, however, that if on the date 9 of authentication hereof the interest on the Bond or Bonds, if any, for which this Bond is being exchanged is due but has not been paid, then this Bond shall bear interest from the date to which such interest has been paid in full. THE PRINCIPAL OF AND INTEREST ON this Bond are payable in lawful money of the United States of America, without exchange or collection charges. The principal of this Bond shall be paid to the registered owner hereof upon presentation and surrender of this Bond at maturity at the designated corporate trust office of U.S. Bank National Association, in Dallas, Texas, which is the "Paying Agent/Registrar" for this Bond. The payment of interest on this Bond shall be made by the Paying Agent/Registrar to the registered owner hereof on each interest payment date by check or draft, dated as of such interest payment date, drawn by the Paying Agent/Registrar on, and payable solely from, funds of the Issuer required by the ordinance authorizing the issuance of this Bond (the "Bond Ordinance") to be on deposit with the Paying Agent/Registrar for such purpose as hereinafter provided; and such check or draft shall be sent by the Paying Agent/Registrar by United States mail, first-class postage prepaid, on each such interest payment date, to the registered owner hereof, at its address as it appeared on the last business day of the month preceding each such date (the "Record Date") on the Registration Books kept by the Paying Agent/Registrar, as hereinafter described. In addition, interest may be paid by such other method, acceptable to the Paying Agent/Registrar, requested by, and at the risk and expense of, the registered owner. In the event of a non-payment of interest on a scheduled payment date, and for 30 days thereafter, a new record date for such interest payment (a "Special Record Date") will be established by the Paying Agent/Registrar, if and when funds for the payment of such interest have been received from the Issuer. Notice of the Special Record Date and of the scheduled payment date of the past due interest (which shall be 15 days after the Special Record Date) shall be sent at least five business days prior to the Special Record Date by United States mail, first-class postage prepaid, to the address of each owner of a Bond appearing on the Registration Books at the close of business on the last business day next preceding the date of mailing of such notice. ANY ACCRUED INTEREST due at maturity of this Bond prior to maturity as provided herein shall be paid to the registered owner upon presentation and surrender of this Bond for payment at the designated corporate trust office of the Paying Agent/Registrar. The Issuer covenants with the registered owner of this Bond that on or before each principal payment date, interest payment date, and accrued interest payment date for this Bond it will make available to the Paying Agent/Registrar, from the "Interest and Sinking Fund" created by the Bond Ordinance, the amounts required to provide for the payment, in immediately available funds, of all principal of and interest on the Bonds, when due. IF THE DATE for the payment of the principal of or interest on this Bond shall be a Saturday, Sunday, a legal holiday or a day on which banking institutions in the city where the designated corporate trust office of the Paying Agent/Registrar is located are authorized by law or executive order to close, then the date for such payment shall be the next succeeding day that is not such a Saturday, Sunday, legal holiday or day on which banking institutions are authorized to close; and payment on such date shall have the same force and effect as if made on the original date payment was due. 10 THIS BOND is one of a series of Bonds dated September 1, 2011, authorized in accordance with the Constitution and laws of the State of Texas in the principal amount of $2,820,000, to wit: $2,365,000 for the purpose of providing funds to refund a portion of the Issuer's outstanding certificates of obligation and $455,000 for the construction and equipment of public improvements in the Issuer as described in the Bond Ordinance. THE BONDS OF THIS SERIES are not subject to redemption prior to maturity. ALL BONDS OF THIS SERIES are issuable solely as fully registered bonds, without interest coupons, in the denomination of any integral multiple of $5,000. As provided in the Bond Ordinance, this Bond may, at the request of the registered owner or the assignee or assignees hereof, be assigned, transferred, converted into and exchanged for a like aggregate principal amount of fully registered Bonds, without interest coupons, payable to the appropriate registered owner, assignee or assignees, as the case may be, having the same denomination or denominations in any integral multiple of $5,000 as requested in writing by the appropriate registered owner, assignee or assignees, as the case may be, upon surrender of this Bond to the Paying Agent/Registrar for cancellation, all in accordance with the form and procedures set forth in the Bond Ordinance. Among other requirements for such assignment and transfer, this Bond must be presented and surrendered to the Paying Agent/Registrar, together with proper instruments of assignment, in form and with guarantee of signatures satisfactory to the Paying Agent/Registrar, evidencing assignment of this Bond or any portion or portions hereof in any integral multiple of $5,000 to the assignee or assignees in whose name or names this Bond or any such portion or portions hereof is or are to be registered. The form of Assignment printed or endorsed on this Bond may be executed by the registered owner to evidence the assignment hereof, but such method is not exclusive, and other instruments of assignment satisfactory to the Paying Agent/Registrar may be used to evidence the assignment of this Bond or any portion or portions hereof from time to time by the registered owner. The Paying Agent/Registrar's reasonable standard or customary fees and charges for assigning, transferring, converting and exchanging any Bond or portion thereof will be paid by the Issuer. In any circumstance, any taxes or governmental charges required to be paid with respect thereto shall be paid by the one requesting such assignment, transfer, conversion or exchange, as a condition precedent to the exercise of such privilege. The Paying Agent/Registrar shall not be required to make any such transfer, conversion, or exchange during the period commencing with the close of business on any Record Date and ending with the opening of business on the next following principal or interest payment date. IN THE EVENT any Paying Agent/Registrar for the Bonds is changed by the Issuer, resigns, or otherwise ceases to act as such, the Issuer has covenanted in the Bond Ordinance that it promptly will appoint a competent and legally qualified substitute therefor, and cause written notice thereof to be mailed to the registered owners of the Bonds. IT IS HEREBY certified, recited and covenanted that this Bond has been duly and validly authorized, issued and delivered; that all acts, conditions and things required or proper to be performed, exist and be done precedent to or in the authorization, issuance and delivery of this Bond have been performed, existed and been done in accordance with law; and that annual ad valorem 11 taxes sufficient to provide for the payment of the interest on and principal of this Bond, as such interest comes due and such principal matures, have been levied and ordered to be levied against all taxable property in said Issuer, and have been pledged for such payment, within the limit prescribed by law. THE ISSUER HAS RESERVED THE RIGHT to amend the Bond Ordinance as provided therein, and under some (but not all) circumstances amendments thereto must be approved by the registered owners of a majority in aggregate principal amount of the outstanding Bonds. BY BECOMING the registered owner of this Bond, the registered owner thereby acknowledges all of the terms and provisions of the Bond Ordinance, agrees to be bound by such terms and provisions, acknowledges that the Bond Ordinance is duly recorded and available for inspection in the official minutes and records of the governing body of the Issuer, and agrees that the terms and provisions of this Bond and the Bond Ordinance constitute a contract between each registered owner hereof and the Issuer. IN WITNESS WHEREOF, the Issuer has caused this Bond to be signed with the manual or facsimile signature of the Mayor of the Issuer (or in the Mayor's absence, by the Mayor Pro-Tem) and countersigned with the manual or facsimile signature of the Town Secretary of the Issuer, and has caused the official seal of the Issuer to be duly impressed, or placed in facsimile, on this Bond. (signature)(signature) Town Secretary Mayor (SEAL) (b) Form of Paying Agent/Registrar's Authentication Certificate. PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE (To be executed if this Bond is not accompanied by an executed Registration Certificate of the Comptroller of Public Accounts of the State of Texas) It is hereby certified that this Bond has been issued under the provisions of the Bond Ordinance described in the text of this Bond; and that this Bond has been issued in conversion or replacement of, or in exchange for, a Bond, Bonds, or a portion of a Bond or Bonds of a series that originally was approved by the Attorney General of the State of Texas and registered by the Comptroller of Public Accounts of the State of Texas. Dated: __________________. U.S. Bank National Association Dallas, Texas Paying Agent/Registrar By:______________________________ 12 Authorized Representative (c) Form of Assignment. ASSIGNMENT For value received, the undersigned hereby sells, assigns and transfers unto Please insert Social Security or Taxpayer Identification Number of Transferee: Please print or typewrite name and address, including zip code of Transferee: the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints , attorney, to register the transfer of the within Bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: __________________. Signature Guaranteed: NOTICE: Signature(s) must be guaranteed by an eligible guarantor institution participating in a securities transfer association recognized signature guarantee program. NOTICE: The signature above must correspond with the name of the Registered Owner as it appears upon the front of this Bond in every particular, without alteration or enlargement or any change whatsoever. (d) Form of Registration Certificate of the Comptroller of Public Accounts. COMPTROLLER'S REGISTRATION CERTIFICATE: REGISTER NO. _____________ I hereby certify that this Bond has been examined, certified as to validity and approved by the Attorney General of the State of Texas, and that this Bond has been registered by the Comptroller of Public Accounts of the State of Texas. Witness my signature and seal this __________________. __________________________________________ Comptroller of Public Accounts of the State of Texas 13 (COMPTROLLER'S SEAL) (e) Initial Bond Insertions. (i) The initial Bond shall be in the form set forth is paragraph (a) of this Section, except that: A. immediately under the name of the Bond, the headings "Interest Rate" and "Maturity Date" shall both be completed with the words "As shown below" and "CUSIP No. _____" shall be deleted. B. the first paragraph shall be deleted and the following will be inserted: "THE TOWN OF PROSPER, TEXAS, in Collin and Denton Counties, Texas (the "Issuer"), being a political subdivision and municipal corporation of the State of Texas, hereby promises to pay to the Registered Owner specified above, or registered assigns (hereinafter called the "Registered Owner"), on February 15 in each of the years, in the principal installments and bearing interest at the per annum rates set forth in the following schedule: Years Principal Installments Interest Rates (Information from Section 2 to be inserted) The Issuer promises to pay interest on the unpaid principal amount hereof (calculated on the basis of a 360-day year of twelve 30-day months) from September 1, 2011 at the respective Interest Rate per annum specified above. Interest is payable on February 15, 2012, and semiannually on each August 15 and February 15 thereafter to the date of payment of the principal installment specified above; except, that if this Bond is required to be authenticated and the date of its authentication is later than the first Record Date (hereinafter defined), such Principal Amount shall bear interest from the interest payment date next preceding the date of authentication, unless such date of authentication is after any Record Date but on or before the next following interest payment date, in which case such principal amount shall bear interest from such next following interest payment date; provided, however, that if on the date of authentication hereof the interest on the Bond or Bonds, if any, for which this Bond is being exchanged is due but has not been paid, then this Bond shall bear interest from the date to which such interest has been paid in full." C. The Initial Bond shall be numbered "T-1." Section 5. INTEREST AND SINKING FUND. (a) A special "Interest and Sinking Fund" is hereby created and shall be established and maintained by the Issuer at an official depository bank of said Issuer. Said Interest and Sinking Fund shall be kept separate and apart from all other funds and accounts of said Issuer, and shall be 14 used only for paying the interest on and principal of said Bonds. All amounts received from the sale of the Bonds as accrued interest shall be deposited upon receipt to the Interest and Sinking Fund, and all ad valorem taxes levied and collected for and on account of said Bonds shall be deposited, as collected, to the credit of said Interest and Sinking Fund. During each year while any of said Bonds are outstanding and unpaid, the governing body of said Issuer shall compute and ascertain a rate and amount of ad valorem tax that will be sufficient to raise and produce the money required to pay the interest on said Bonds as such interest comes due, and to provide and maintain a sinking fund adequate to pay the principal of said Bonds as such principal matures (but never less than 2% of the original amount of said Bonds as a sinking fund each year); and said tax shall be based on the latest approved tax rolls of said Issuer, with full allowances being made for tax delinquencies and the cost of tax collection. Said rate and amount of ad valorem tax is hereby levied, and is hereby ordered to be levied, against all taxable property in said Issuer, for each year while any of said Bonds are outstanding and unpaid, and said tax shall be assessed and collected each such year and deposited to the credit of the aforesaid Interest and Sinking Fund. Said ad valorem taxes sufficient to provide for the payment of the interest on and principal of said Bonds, as such interest comes due and such principal matures, are hereby pledged for such payment, within the limit prescribed by law. Notwithstanding the requirements of this subsection, if lawfully available moneys of the Issuer are actually on deposit in the Interest and Sinking Fund in advance of the time when ad valorem taxes are scheduled to be levied for any year, then the amount of taxes that otherwise would have been required to be levied pursuant to this Section may be reduced to the extent and by the amount of the lawfully available funds then on deposit in the Interest and Sinking Fund. (b) Chapter 1208, Government Code, applies to the issuance of the Bonds and the pledge of the taxes granted by the Issuer under this Section, and is therefore valid, effective, and perfected. Should Texas law be amended at any time while the Bonds are outstanding and unpaid, the result of such amendment being that the pledge of the taxes granted by the Issuer under this Section is to be subject to the filing requirements of Chapter 9, Business & Commerce Code, in order to preserve to the registered owners of the Bonds a security interest in said pledge, the Issuer agrees to take such measures as it determines are reasonable and necessary under Texas law to comply with the applicable provisions of Chapter 9, Business & Commerce Code and enable a filing of a security interest in said pledge to occur. Section 6. DEFEASANCE OF BONDS. (a) Any Bond and the interest thereon shall be deemed to be paid, retired and no longer outstanding (a "Defeased Bond") within the meaning of this Ordinance, except to the extent provided in subsection (d) of this Section, when payment of the principal of such Bond, plus interest thereon to the due date (whether such due date be by reason of maturity or otherwise) either (i) shall have been made or caused to be made in accordance with the terms thereof, or (ii) shall have been provided for on or before such due date by irrevocably depositing with or making available to the Paying Agent/Registrar in accordance with an escrow agreement or other instrument (the "Future Escrow Agreement") for such payment (1) lawful money of the United States of America sufficient to make such payment or (2) Defeasance Securities that mature as to principal and interest in such amounts and at such times as will insure the availability, without reinvestment, of sufficient money 15 to provide for such payment, and when proper arrangements have been made by the Issuer with the Paying Agent/Registrar for the payment of its services until all Defeased Bonds shall have become due and payable. At such time as a Bond shall be deemed to be a Defeased Bond hereunder, as aforesaid, such Bond and the interest thereon shall no longer be secured by, payable from, or entitled to the benefits of, the ad valorem taxes herein levied and pledged as provided in this Ordinance, and such principal and interest shall be payable solely from such money or Defeasance Securities. (b) Any moneys so deposited with the Paying Agent/Registrar may at the written direction of the Issuer be invested in Defeasance Securities, maturing in the amounts and times as hereinbefore set forth, and all income from such Defeasance Securities received by the Paying Agent/Registrar that is not required for the payment of the Bonds and interest thereon, with respect to which such money has been so deposited, shall be turned over to the Issuer, or deposited as directed in writing by the Issuer. Any Future Escrow Agreement pursuant to which the money and/or Defeasance Securities are held for the payment of Defeased Bonds may contain provisions permitting the investment or reinvestment of such moneys in Defeasance Securities or the substitution of other Defeasance Securities upon the satisfaction of the requirements specified in Subsection (a)(i) or (ii) of this Section. All income from such Defeasance Securities received by the Paying Agent/Registrar which is not required for the payment of the Defeased Bonds, with respect to which such money has been so deposited, shall be remitted to the Issuer or deposited as directed in writing by the Issuer. (c) The term "Defeasance Securities" means any securities and obligations now or hereafter authorized by State law that are eligible to refund, retire or otherwise discharge obligations such as the Bonds. (d) Until all Defeased Bonds shall have become due and payable, the Paying Agent/Registrar shall perform the services of Paying Agent/Registrar for such Defeased Bonds the same as if they had not been defeased, and the Issuer shall make proper arrangements to provide and pay for such services as required by this Ordinance. (e) In the event that the Issuer elects to defease less than all of the principal amount of Bonds of a maturity, the Paying Agent/Registrar shall select, or cause to be selected, such amount of Bonds by such random method as it deems fair and appropriate. Section 7. DAMAGED, MUTILATED, LOST, STOLEN, OR DESTROYED BONDS. (a) Replacement Bonds. In the event any outstanding Bond is damaged, mutilated, lost, stolen or destroyed, the Paying Agent/Registrar shall cause to be printed, executed and delivered, a new Bond of the same principal amount, maturity and interest rate, as the damaged, mutilated, lost, stolen or destroyed Bond, in replacement for such Bond in the manner hereinafter provided. (b) Application for Replacement Bonds. Application for replacement of damaged, mutilated, lost, stolen or destroyed Bonds shall be made by the registered owner thereof to the Paying Agent/Registrar. In every case of loss, theft or destruction of a Bond, the registered owner 16 applying for a replacement Bond shall furnish to the Issuer and to the Paying Agent/Registrar such security or indemnity as may be required by them to save each of them harmless from any loss or damage with respect thereto. Also, in every case of loss, theft or destruction of a Bond, the registered owner shall furnish to the Issuer and to the Paying Agent/Registrar evidence to their satisfaction of the loss, theft or destruction of such Bond, as the case may be. In every case of damage or mutilation of a Bond, the registered owner shall surrender to the Paying Agent/Registrar for cancellation the Bond so damaged or mutilated. (c) No Default Occurred. Notwithstanding the foregoing provisions of this Section, in the event any such Bond shall have matured, and no default has occurred that is then continuing in the payment of the principal of, redemption premium, if any, or interest on the Bond, the Issuer may authorize the payment of the same (without surrender thereof except in the case of a damaged or mutilated Bond) instead of issuing a replacement Bond, provided security or indemnity is furnished as above provided in this Section. (d) Charge for Issuing Replacement Bonds. Prior to the issuance of any replacement Bond, the Paying Agent/Registrar shall charge the registered owner of such Bond with all legal, printing, and other expenses in connection therewith. Every replacement Bond issued pursuant to the provisions of this Section by virtue of the fact that any Bond is lost, stolen or destroyed shall constitute a contractual obligation of the Issuer whether or not the lost, stolen or destroyed Bond shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this Ordinance equally and proportionately with any and all other Bonds duly issued under this Ordinance. (e) Authority for Issuing Replacement Bonds. In accordance with Sec. 1206.022, Government Code, this Section 7 of this Ordinance shall constitute authority for the issuance of any such replacement Bond without necessity of further action by the governing body of the Issuer or any other body or person, and the duty of the replacement of such Bonds is hereby authorized and imposed upon the Paying Agent/Registrar, and the Paying Agent/Registrar shall authenticate and deliver such Bonds in the form and manner and with the effect, as provided in Section 3(a) of this Ordinance for Bonds issued in conversion and exchange for other Bonds. Section 8. CUSTODY, APPROVAL, AND REGISTRATION OF BONDS; BOND COUNSEL'S OPINION; CUSIP NUMBERS AND CONTINGENT INSURANCE PROVISION, IF OBTAINED; ENGAGEMENT OF BOND COUNSEL. (a) The Mayor of the Issuer is hereby authorized to have control of the Bonds initially issued and delivered hereunder and all necessary records and proceedings pertaining to the Bonds pending their delivery and their investigation, examination, and approval by the Attorney General of the State of Texas, and their registration by the Comptroller of Public Accounts of the State of Texas. Upon registration of the Bonds said Comptroller of Public Accounts (or a deputy designated in writing to act for said Comptroller) shall manually sign the Comptroller's Registration Certificate attached to such Bonds, and the seal of said Comptroller shall be impressed, or placed in facsimile, on such Bond. The approving legal opinion of the Issuer's Bond Counsel and the assigned CUSIP numbers 17 may, at the option of the Issuer, be printed on the Bonds issued and delivered under this Ordinance, but neither shall have any legal effect, and shall be solely for the convenience and information of the registered owners of the Bonds. In addition, if the Bonds are sold as insured obligations, the Bonds may bear an appropriate legend as provided by the insurer. (b) The obligation of the initial purchaser to accept delivery of the Bonds is subject to the initial purchaser being furnished with the final, approving opinion of McCall, Parkhurst & Horton L.L.P., bond counsel to the Issuer, which opinion shall be dated as of and delivered on the date of initial delivery of the Bonds to the initial purchaser. The engagement of such firm as bond counsel to the Issuer in connection with issuance, sale and delivery of the Bonds is hereby approved and confirmed. The execution and delivery of an engagement letter between the Issuer and such firm, with respect to such services as bond counsel, is hereby authorized in such form as may be approved by the Mayor, and the Mayor is hereby authorized to execute such engagement letter. Section 9. COVENANTS REGARDING TAX EXEMPTION OF INTEREST ON THE BONDS. (a) Covenants. The Issuer covenants to take any action necessary to assure, or refrain from any action that would adversely affect, the treatment of the Bonds as obligations described in section 103 of the Code, the interest on which is not includable in the "gross income" of the holder for purposes of federal income taxation. In furtherance thereof, the Issuer covenants as follows: (1) to take any action to assure that no more than 10 percent of the proceeds of the Bonds (less amounts deposited to a reserve fund, if any) are used for any "private business use," as defined in section 141(b)(6) of the Code or, if more than 10 percent of the proceeds or the projects financed by the Bonds or the Refunded Obligations (the "Project") are so used, such amounts, whether or not received by the Issuer, with respect to such private business use, do not, under the terms of this Ordinance or any underlying arrangement, directly or indirectly, secure or provide for the payment of more than 10 percent of the debt service on the Bonds, in contravention of section 141(b)(2) of the Code; (2) to take any action to assure that in the event that the "private business use" described in subsection (1) hereof exceeds 5 percent of the proceeds of the Bonds or the projects financed therewith (less amounts deposited into a reserve fund, if any) then the amount in excess of 5 percent is used for a "private business use" that is "related" and not "disproportionate," within the meaning of section 141(b)(3) of the Code, to the governmental use; (3) to take any action to assure that no amount that is greater than the lesser of $5,000,000, or 5 percent of the proceeds of the Bonds (less amounts deposited into a reserve fund, if any) is directly or indirectly used to finance loans to persons, other than state or local governmental units, in contravention of section 141(c) of the Code; 18 (4) to refrain from taking any action that would otherwise result in the Bonds being treated as "private activity bonds" within the meaning of section 141(b) of the Code; (5) to refrain from taking any action that would result in the Bonds being "federally guaranteed" within the meaning of section 149(b) of the Code; (6) to refrain from using any portion of the proceeds of the Bonds, directly or indirectly, to acquire or to replace funds that were used, directly or indirectly, to acquire investment property (as defined in section 148(b)(2) of the Code) that produces a materially higher yield over the term of the Bonds, other than investment property acquired with – (A) proceeds of the Bonds invested for a reasonable temporary period until such proceeds are needed for the purpose for which the bonds are issued, (B) amounts invested in a bona fide debt service fund, within the meaning of section 1.148-1(b) of the Treasury Regulations, and (C) amounts deposited in any reasonably required reserve or replacement fund to the extent such amounts do not exceed 10 percent of the proceeds of the Bonds; (7) to otherwise restrict the use of the proceeds of the Bonds or amounts treated as proceeds of the Bonds, as may be necessary, so that the Bonds do not otherwise contravene the requirements of section 148 of the Code (relating to arbitrage) and, to the extent applicable, section 149(d) of the Code (relating to advance refundings); and (8) to pay to the United States of America at least once during each five-year period (beginning on the date of delivery of the Bonds) an amount that is at least equal to 90 percent of the "Excess Earnings," within the meaning of section 148(f) of the Code and to pay to the United States of America, not later than 60 days after the Bonds have been paid in full, 100 percent of the amount then required to be paid as a result of Excess Earnings under section 148(f) of the Code. (b) Rebate Fund. In order to facilitate compliance with the above covenant (a)(8), a "Rebate Fund" is hereby established by the Issuer for the sole benefit of the United States of America, and such Fund shall not be subject to the claim of any other person, including without limitation the Bondholders. The Rebate Fund is established for the additional purpose of compliance with section 148 of the Code. (c) Use of Proceeds. For purposes of the foregoing covenants (a)(1) and (a)(2), the Issuer understands that the term "proceeds" includes "disposition proceeds" as defined in the Treasury Regulations and, in the case of the Bonds, transferred proceeds (if any) and proceeds of the Refunded Obligations expended prior to the date of issuance of the Bonds. It is the understanding of the Issuer that the covenants contained herein are intended to assure compliance with the Code 19 and any regulations or rulings promulgated by the U.S. Department of the Treasury pursuant thereto. In the event that regulations or rulings are hereafter promulgated that modify or expand provisions of the Code, as applicable to the Bonds, the Issuer will not be required to comply with any covenant contained herein to the extent that such failure to comply, in the opinion of nationally recognized bond counsel, will not adversely affect the exemption from federal income taxation of interest on the Bonds under section 103 of the Code. In the event that regulations or rulings are hereafter promulgated that impose additional requirements applicable to the Bonds, the Issuer agrees to comply with the additional requirements to the extent necessary, in the opinion of nationally recognized bond counsel, to preserve the exemption from federal income taxation of interest on the Bonds under section 103 of the Code. In furtherance of such intention, the Issuer hereby authorizes and directs the Mayor or the Finance Director to execute any documents, certificates or reports required by the Code and to make such elections, on behalf of the Issuer, that may be permitted by the Code as are consistent with the purpose for the issuance of the Bonds. (d) Disposition of Projects. The Issuer covenants that the Projects will not be sold or otherwise disposed in a transaction resulting in the receipt by the Issuer of cash or other compensation, unless the Issuer obtains an opinion of nationally-recognized bond counsel that such sale or other disposition will not adversely affect the tax-exempt status of the Bonds. For purposes of the foregoing, the portion of the property comprising personal property and disposed in the ordinary course shall not be treated as a transaction resulting in the receipt of cash or other compensation. For purposes hereof, the Issuer shall not be obligated to comply with this covenant if it obtains a legal opinion that such failure to comply will not adversely affect the excludability for federal income tax proposes from gross income of the interest. Section 10. SALE OF BONDS AND APPROVAL OF OFFICIAL STATEMENT; FURTHER PROCEDURES. (a) The Bonds are hereby sold and shall be delivered to Coastal Securities, Inc. (the "Underwriter") for the purchase price of $_________ (representing the par amount of the Bonds of $_________ , plus a net original issue premium of $_________ and less an Underwriters' discount on the Bonds of $_________ ) plus accrued interest (accrued interest to be deposited into the Interest and Sinking Fund) thereon to date of delivery pursuant to the terms and provisions of a Purchase Agreement with the Underwriter. It is hereby officially found, determined, and declared that the Bonds have been sold pursuant to the terms and provisions of a Purchase Agreement in substantially the form presented at this meeting, which the Mayor of the Issuer is hereby authorized and directed to execute. It is hereby officially found, determined, and declared that the terms of this sale are the most advantageous reasonably obtainable. The Initial Bond shall be registered in the name of Coastal Securities, Inc. or its designee. (b) The Issuer hereby approves the form and content of the Official Statement relating to the Bonds and any addenda, supplement or amendment thereto, and approves the distribution of such Official Statement in the reoffering of the Bonds by the Underwriters in final form, with such changes therein or additions thereto as the officer executing the same may deem advisable, such determination to be conclusively evidenced by his execution thereof. The distribution and use of 20 the Preliminary Official Statement posted and disseminated, prior to the date hereof, which is dated September __, 2011, is hereby ratified and confirmed. (c) The Mayor, Town Manager and Town Secretary and all other officers, employees and agents of the Issuer, and each of them, shall be and they are hereby expressly authorized, empowered and directed from time to time and at any time to do and perform all such acts and things and to execute, acknowledge and deliver in the name and on behalf of the Issuer a Paying Agent/Registrar Agreement with the Paying Agent/Registrar and all other instruments, whether or not herein mentioned, as may be necessary or desirable in order to carry out the terms and provisions of this Ordinance, the Bonds, the sale of the Bonds and the Official Statement. In case any officer whose signature shall appear on any Bond shall cease to be such officer before the delivery of such Bond, such signature shall nevertheless be valid and sufficient for all purposes the same as if such officer had remained in office until such delivery. Section 11. DEFAULT AND REMEDIES (a) Events of Default. Each of the following occurrences or events for the purpose of this Ordinance is hereby declared to be an Event of Default: (i) the failure to make payment of the principal of or interest on any of the Bonds when the same becomes due and payable; or (ii) default in the performance or observance of any other covenant, agreement or obligation of the Issuer, the failure to perform which materially, adversely affects the rights of the registered owners of the Bonds, including, but not limited to, their prospect or ability to be repaid in accordance with this Ordinance, and the continuation thereof for a period of 60 days after notice of such default is given by any Registered Owner to the Issuer. (b) Remedies for Default. (i) Upon the happening of any Event of Default, then and in every case, any Registered Owner or an authorized representative thereof, including, but not limited to, a trustee or trustees therefor, may proceed against the Issuer for the purpose of protecting and enforcing the rights of the Registered Owners under this Ordinance, by mandamus or other suit, action or special proceeding in equity or at law, in any court of competent jurisdiction, for any relief permitted by law, including the specific performance of any covenant or agreement contained herein, or thereby to enjoin any act or thing that may be unlawful or in violation of any right of the Registered Owners hereunder or any combination of such remedies. (ii) It is provided that all such proceedings shall be instituted and maintained for the equal benefit of all Registered Owners of Bonds then outstanding. 21 (c) Remedies Not Exclusive. (i) No remedy herein conferred or reserved is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or under the Bonds or now or hereafter existing at law or in equity; provided, however, that notwithstanding any other provision of this Ordinance, the right to accelerate the debt evidenced by the Bonds shall not be available as a remedy under this Ordinance. (ii) The exercise of any remedy herein conferred or reserved shall not be deemed a waiver of any other available remedy. (iii) By accepting the delivery of a Bond authorized under this Ordinance, such Registered Owner agrees that the certifications required to effectuate any covenants or representations contained in this Ordinance do not and shall never constitute or give rise to a personal or pecuniary liability or charge against the officers, employees or councilmembers of the Issuer. Section 12. COMPLIANCE WITH RULE 15c2-12. (a) Annual Reports. (i) The Issuer shall provide annually to the MSRB, within six months after the end of each fiscal year ending in or after 2011, financial information and operating data with respect to the Issuer of the general type included in the final Official Statement authorized by this Ordinance, being the information described in Exhibit A hereto. Any financial statements so to be provided shall be (1) prepared in accordance with the accounting principles described in Exhibit A hereto, or such other accounting principles as the Issuer may be required to employ from time to time pursuant to state law or regulation, and (2) audited, if the Issuer commissions an audit of such statements and the audit is completed within the period during which they must be provided. If the audit of such financial statements is not complete within such period, then the Issuer shall provide unaudited financial information by the required time and will provide audited financial statements for the applicable fiscal year to the MSRB, when and if the audit report on such statements become available. Such information shall be transmitted electronically to the MSRB, in such format and accompanied by such identifying information as prescribed by the MSRB. (ii) If the Issuer changes its fiscal year, it will notify the MSRB of the change (and of the date of the new fiscal year end) prior to the next date by which the Issuer otherwise would be required to provide financial information and operating data pursuant to this Section. The financial information and operating data to be provided pursuant to this Section may be set forth in full in one or more documents or may be included by specific reference to any document (including an official statement or other offering document, if it is available from the MSRB) that theretofore has been provided to the MSRB or filed with the SEC. (b) Event Notices. 22 (i) The Issuer shall notify the MSRB in an electronic format as prescribed by the MSRB, in a timely manner (but not in excess of ten business days after the occurrence of the event) of any of the following events with respect to the Bonds, if such event is material within the meaning of the federal securities laws: 1. Non-payment related defaults; 2. Modifications to rights of Bondholders; 3. Bond calls; 4. Release, substitution, or sale of property securing repayment of the Bonds; 5. The consummation of a merger, consolidation, or acquisition involving an obligated person or the sale of all or substantially all of the assets of the obligated person, other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms; 6. Appointment of a successor or additional trustee or the change of name of a trustee. (ii) The Issuer shall notify the MSRB in an electronic format as prescribed by the MSRB, in a timely manner (but not in excess of ten business days after the occurrence of the event) of any of the following events with respect to the Bonds, without regard to whether such event is considered material within the meaning of the federal securities laws: 1. Principal and interest payment delinquencies; 2. Unscheduled draws on debt service reserves reflecting financial difficulties; 4. Unscheduled draws on credit enhancements reflecting financial difficulties; 5. Substitution of credit or liquidity providers, or their failure to perform; 6. Adverse tax opinions or the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701–TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other events affecting the tax status of the Bonds; 7. tender offers; 8. Defeasances; 9. Rating changes; 10. Bankruptcy, insolvency, receivership or similar event of an obligated person. The Issuer shall notify the MSRB, in a timely manner, of any failure by the Issuer to provide financial information or operating data in accordance with subsection (a) of this Section by the time required by such subsection. 23 (c) Limitations, Disclaimers, and Amendments. (i) The Issuer shall be obligated to observe and perform the covenants specified in this Section for so long as, but only for so long as, the Issuer remains an "obligated person" with respect to the Bonds within the meaning of the Rule, except that the Issuer in any event will give the notice required by Subsection (b) hereof of any Bond calls and defeasance that cause the Issuer to no longer be such an "obligated person". (ii) The provisions of this Section are for the sole benefit of the registered owners and beneficial owners of the Bonds, and nothing in this Section, express or implied, shall give any benefit or any legal or equitable right, remedy, or claim hereunder to any other person. The Issuer undertakes to provide only the financial information, operating data, financial statements, and notices which it has expressly agreed to provide pursuant to this Section and does not hereby undertake to provide any other information that may be relevant or material to a complete presentation of the Issuer's financial results, condition, or prospects or hereby undertake to update any information provided in accordance with this Section or otherwise, except as expressly provided herein. The Issuer does not make any representation or warranty concerning such information or its usefulness to a decision to invest in or sell Bonds at any future date. (iii) UNDER NO CIRCUMSTANCES SHALL THE ISSUER BE LIABLE TO THE REGISTERED OWNER OR BENEFICIAL OWNER OF ANY BOND OR ANY OTHER PERSON, IN CONTRACT OR TORT, FOR DAMAGES RESULTING IN WHOLE OR IN PART FROM ANY BREACH BY THE ISSUER, WHETHER NEGLIGENT OR WITHOUT FAULT ON ITS PART, OF ANY COVENANT SPECIFIED IN THIS SECTION, BUT EVERY RIGHT AND REMEDY OF ANY SUCH PERSON, IN CONTRACT OR TORT, FOR OR ON ACCOUNT OF ANY SUCH BREACH SHALL BE LIMITED TO AN ACTION FOR MANDAMUS OR SPECIFIC PERFORMANCE. (iv) No default by the Issuer in observing or performing its obligations under this Section shall comprise a breach of or default under the Ordinance for purposes of any other provision of this Ordinance. Nothing in this Section is intended or shall act to disclaim, waive, or otherwise limit the duties of the Issuer under federal and state securities laws. (v) The provisions of this Section may be amended by the Issuer from time to time to adapt to changed circumstances that arise from a change in legal requirements, a change in law, or a change in the identity, nature, status, or type of operations of the Issuer, but only if (1) the provisions of this Section, as so amended, would have permitted an underwriter to purchase or sell Bonds in the primary offering of the Bonds in compliance with the Rule, taking into account any amendments or interpretations of the Rule since such offering as well as such changed circumstances and (2) either (a) the registered owners of a majority in aggregate principal amount (or any greater amount required by any other provision of this Ordinance that authorizes such an amendment) of the outstanding Bonds consent to such amendment or (b) a person that is unaffiliated with the Issuer (such as nationally recognized bond counsel) determined that such amendment will not materially impair the interest of the registered owners and beneficial owners of the Bonds. If the Issuer so amends the provisions of this Section, it shall include with any amended financial information or operating data next provided in accordance with subsection (a) of this Section an explanation, in narrative form, of the reason for the amendment and of the impact of any change in the type of 24 financial information or operating data so provided. The Issuer may also amend or repeal the provisions of this continuing disclosure agreement if the SEC amends or repeals the applicable provision of the Rule or a court of final jurisdiction enters judgment that such provisions of the Rule are invalid, but only if and to the extent that the provisions of this sentence would not prevent an underwriter from lawfully purchasing or selling Bonds in the primary offering of the Bonds. (d) Definitions. As used in this Section, the following terms have the meanings ascribed to such terms below: "MSRB" means the Municipal Securities Rulemaking Board or any successor to its functions under the Rule. "Rule" means SEC Rule 15c2-12, as amended from time to time. "SEC" means the United States Securities and Exchange Commission. Section 13. METHOD OF AMENDMENT. The Issuer hereby reserves the right to amend this Ordinance subject to the following terms and conditions, to-wit: (a) The Issuer may from time to time, without the consent of any holder, except as otherwise required by paragraph (b) below, amend or supplement this Ordinance in order to (i) cure any ambiguity, defect or omission in this Ordinance that does not materially adversely affect the interests of the holders, (ii) grant additional rights or security for the benefit of the holders, (iii) add events of default as shall not be inconsistent with the provisions of this Ordinance and that shall not materially adversely affect the interests of the holders, (iv) qualify this Ordinance under the Trust Indenture Act of 1939, as amended, or corresponding provisions of federal laws from time to time in effect, or (v) make such other provisions in regard to matters or questions arising under this Ordinance as shall not be inconsistent with the provisions of this Ordinance and that shall not in the opinion of the Issuer's Bond Counsel materially adversely affect the interests of the holders. (b) Except as provided in paragraph (a) above, the holders of Bonds aggregating in principal amount 51% of the aggregate principal amount of then outstanding Bonds that are the subject of a proposed amendment shall have the right from time to time to approve any amendment hereto that may be deemed necessary or desirable by the Issuer; provided, however, that without the consent of 100% of the holders in aggregate principal amount of the then outstanding Bonds, nothing herein contained shall permit or be construed to permit amendment of the terms and conditions of this Ordinance or in any of the Bonds so as to: (1) Make any change in the maturity of any of the outstanding Bonds; (2) Reduce the rate of interest borne by any of the outstanding Bonds; (3) Reduce the amount of the principal of, or redemption premium, if any, payable on any outstanding Bonds; 25 (4) Modify the terms of payment of principal or of interest or redemption premium on outstanding Bonds or any of them or impose any condition with respect to such payment; or (5) Change the minimum percentage of the principal amount of any series of Bonds necessary for consent to such amendment. (c) If at any time the Issuer shall desire to amend this Ordinance under this Section, the Issuer shall send by U.S. mail to each registered owner of the affected Bonds a copy of the proposed amendment and cause notice of the proposed amendment to be published at least once in a financial publication published in The City of New York, New York or in the State of Texas. Such published notice shall briefly set forth the nature of the proposed amendment and shall state that a copy thereof is on file at the office of the Issuer for inspection by all holders of such Bonds. (d) Whenever at any time within one year from the date of publication of such notice the Issuer shall receive an instrument or instruments executed by the holders of at least 51% in aggregate principal amount of all of the Bonds then outstanding that are required for the amendment, which instrument or instruments shall refer to the proposed amendment and that shall specifically consent to and approve such amendment, the Issuer may adopt the amendment in substantially the same form. (e) Upon the adoption of any amendatory Ordinance pursuant to the provisions of this Section, this Ordinance shall be deemed to be modified and amended in accordance with such amendatory Ordinance, and the respective rights, duties, and obligations of the Issuer and all holders of such affected Bonds shall thereafter be determined, exercised, and enforced, subject in all respects to such amendment. (f) Any consent given by the holder of a Bond pursuant to the provisions of this Section shall be irrevocable for a period of six months from the date of the publication of the notice provided for in this Section, and shall be conclusive and binding upon all future holders of the same Bond during such period. Such consent may be revoked at any time after six months from the date of the publication of said notice by the holder who gave such consent, or by a successor in title, by filing notice with the Issuer, but such revocation shall not be effective if the holders of 51% in aggregate principal amount of the affected Bonds then outstanding, have, prior to the attempted revocation, consented to and approved the amendment. For the purposes of establishing ownership of the Bonds, the Issuer shall rely solely upon the registration of the ownership of such Bonds on the registration books kept by the Paying Agent/Registrar. Section 14. APPROVAL OF ESCROW AGREEMENT AND TRANSFER OF FUNDS. The Mayor of the Issuer is hereby authorized and directed to execute and deliver escrow deposit agreements with The Bank of New York Mellon Trust Company, N.A. with respect to the Refunded Series 1996 Obligations and the Refunded Series 1998 Obligations, and with U.S. Bank National Association with respect to the Refunded Series 2001 Obligations, in substantially the forms 26 presented at this meeting. In addition, the Mayor is authorized to purchase such securities, including to execute subscriptions for the purchase of U. S. Treasury Securities, State and Local Government Series, and to authorize such contributions, as may be necessary for the escrow funds established under such agreements. Section 15. REDEMPTION OF REFUNDED OBLIGATIONS. (a) The Issuer hereby directs that certain of the Refunded Obligations be called for redemption on the dates and as set forth on Schedule I. Each of such Refunded Obligations shall be redeemed at the redemption price of par plus accrued interest. The Mayor of the Issuer is hereby authorized and directed to issue or cause to be issued the Notice of Redemption of the Refunded Obligations in the form set forth in Exhibit B attached hereto to the respective paying agents/registrars for the Refunded Obligations. (b) In addition, the paying agent/registrar for the Refunded Obligations is hereby directed to provide the appropriate notices of redemption and defeasance as specified by the ordinances authorizing the issuance of the Refunded Obligations and is hereby directed to make appropriate arrangements so that the Refunded Obligations may be redeemed on their redemption dates. The Refunded Obligations shall be presented for redemption at the paying agent/registrar therefore, and shall not bear interest after the date fixed for redemption. (c) The source of funds for payment of the principal of and interest on the Refunded Obligations on their redemption date shall be from the funds placed in escrow with the escrow agents, pursuant to the escrow deposit agreements approved in Section 14 of this Ordinance. Section 16. APPROPRIATION. To pay the debt service coming due on the Bonds, if any, prior to receipt of the taxes levied to pay such debt service, there is hereby appropriated from current funds on hand, which are hereby certified to be on hand and available for such purpose, an amount sufficient to pay such debt service, and such amount shall be used for no other purpose. Section 17. SEVERABILITY. If any section, article, paragraph, sentence, clause, phrase or word in this Ordinance, or application thereof to any persons or circumstances is held invalid or unconstitutional by a court of competent jurisdiction, such holding shall not affect the validity of the remaining portion of this Ordinance, despite such invalidity, which remaining portions shall remain in full force and effect. Section 18. DESIGNATION AS QUALIFIED TAX-EXEMPT OBLIGATIONS. The Issuer hereby designates the Bonds as "qualified tax-exempt obligations" as defined in section 265(b)(3) of the Code. In furtherance of such designation, the Issuer represents, covenants and warrants the following: (a) that during the calendar year in which the Bonds are issued, the Issuer (including any subordinate entities) has not designated nor will designate tax-exempt obligations, which when aggregated with the Bonds, will result in more than $10,000,000 of "qualified tax-exempt obligations" being issued; (b) that the Issuer reasonably anticipates that the amount of tax-exempt obligations issued, during the calendar year in which the Bonds are issued, by the Issuer (or any subordinate entities) will not exceed $10,000,000; and, (c) that the Issuer will take such action or 27 refrain from such action as necessary, and as more particularly set forth in this Section, in order that the Bonds will not be considered "private activity bonds" within the meaning of section 141 of the Code. Section 19. EFFECTIVE DATE. In accordance with the provisions of Texas Government Code, Section 1201.028, this Ordinance shall be effective immediately upon its adoption by the Town Council. S-1 SCHEDULE I SCHEDULE OF REFUNDED OBLIGATIONS Description Maturities Principal Amount Outstanding Principal Amount Refunded Combination Tax and Revenue Certificates ofObligation, Series 1996 1/10/2012 $55,000 $55,000 1/10/2013 60,000 60,000 1/10/2014 65,000 65,000 1/10/2015 65,000 65,000 1/10/2016 70,000 70,000 Total $315,000 $315,000 Called for redemption on October 24, 2011, at par plus accrued interest. Description Maturities Principal Amount Outstanding Principal AmountRefunded Combination Tax and Revenue Certificates ofObligation, Series 1998 7/10/2012 $50,000 $50,000 7/10/2013 50,000 50,000 7/10/2014 50,000 50,000 7/10/2015 55,000 55,000 7/10/2016 55,000 55,000 7/10/2017 60,000 60,000 7/10/2018 60,000 60,000 Total $380,000 $380,000 Called for redemption on October 24, 2011, at par plus accrued interest. Description Maturities PrincipalAmountOutstanding Principal AmountRefunded Combination Tax and Revenue Certificates ofObligation, Series 2001 8/15/2012 $125,000 $125,000 8/15/2013 135,000 135,000 8/15/2014 140,000 140,000 8/15/2015 145,000 145,000 8/15/2016 155,000 155,000 8/15/2017 165,000 165,000 8/15/2018 170,000 170,000 8/15/2019 180,000 180,000 *** 8/15/2021 390,000 390,000 Total $1,605,000 $1,605,000 Called for redemption on October 24, 2011, at par plus accrued interest. A-1 EXHIBIT A Annual Financial Statements and Operating Data The following information is referred to in Section 12(b) of this Ordinance: Annual Financial Statements and Operating Data The financial information and operating data with respect to the Issuer to be provided annually in accordance with such Section are as specified (and included in the Appendices of the Official Statement referred to) below: The quantitative financial information and operating data pertaining to the Issuer of the general type included Tables numbered 1 through 5 and 7 through 14 and in Appendix B of the Official Statement. The financial statements of the Issuer that will be provided will be unaudited, unless an audit is performed, in which event the audited financial statements will be made available. Accounting Principles The accounting principles referred to in such Section are the accounting principles described in the notes to the financial statements that are attached to the Official Statement as Exhibit B, or such other accounting principles as the Issuer may be required to employ from time to time pursuant to state law or regulation. -------------------- B-1 EXHIBIT B - NOTICE OF REDEMPTION TOWN OF PROSPER, TEXAS NOTICE IS HEREBY GIVEN that the Town of Prosper, Texas has called for redemption the outstanding Certificates of Obligation of the Town described as follows: Town of Prosper, Texas Combination Tax and Revenue Certificates of Obligation, Series 1996, dated June 1, 1996, maturing on the dates shown below, in the aggregate principal amount of $315,000 (the "Series 1996 Certificates"), to the call date of the Series 1996 Certificates: October 24, 2011. Maturity Date Original Principal Amount Principal Amount to be Redeemed CUSIP Number 1/10/2012 $55,000 $55,000 1/10/2013 60,000 60,000 1/10/2014 65,000 65,000 1/10/2015 65,000 65,000 1/10/2016 70,000 70,000 On the redemption date stated above, the Series 1996 Certificates will be redeemed in accordance with the terms of the ordinance authorizing their issuance from amounts held in an escrow account administered by The Bank of New York Mellon Trust Company, N.A., which is the Paying Agent/Registrar and Escrow Agent for the Series 1996 Certificates, and the redemption price shall be paid upon presentation of the Series 1996 Certificates as follows: First Class/Registered/ Certified Mail Express Delivery Hand Delivery The Bank of New York Mellon Trust Company, N.A. Global Corporate Trust P.O. Box 396 East Syracuse, New York 13057 The Bank of New York Mellon Trust Company, N.A. Global Corporate Trust 111 Sanders Creek Parkway East Syracuse, New York 13057 The Bank of New York Mellon Trust Company, N.A. Global Corporate Trust Corporate Trust Window 101 Barclay Street 1ST Floor East New York, New York 10286 Upon presentation of the Series 1996 Certificates at the Paying Agent/Registrar on the aforementioned redemption date, the holder thereof shall be entitled to receive the redemption price equal to par and accrued interest to the redemption date. In the event said Series 1996 Certificates, or any of them are not presented for redemption by the date fixed for their redemption, they shall not thereafter bear interest. This notice is issued and given pursuant to the redemption provisions in the proceedings authorizing the issuance of the aforementioned Series 1996 Certificates and in accordance with the recitals and provisions of said Series 1996 Certificates. TOWN OF PROSPER, TEXAS B-2 EXHIBIT B - NOTICE OF REDEMPTION TOWN OF PROSPER, TEXAS NOTICE IS HEREBY GIVEN that the Town of Prosper, Texas has called for redemption the outstanding Certificates of Obligation of the Town described as follows: Town of Prosper, Texas Combination Tax and Revenue Certificates of Obligation, Series 1998, dated July 1, 1998, maturing on the dates shown below, in the aggregate principal amount of $380,000 (the "Series 1998 Certificates"), to the call date of the Series 1998 Certificates: October 24, 2011. Maturity Date Original Principal Amount Principal Amount to be Redeemed CUSIP Number 7/10/2012 $50,000 $50,000 7/10/2013 50,000 50,000 7/10/2014 50,000 50,000 7/10/2015 55,000 55,000 7/10/2016 55,000 55,000 7/10/2017 60,000 60,000 7/10/2018 60,000 60,000 On the redemption date stated above, the Series 1998 Certificates will be redeemed in accordance with the terms of the ordinance authorizing their issuance from amounts held in an escrow account administered by The Bank of New York Mellon Trust Company, N.A., which is the Paying Agent/Registrar and Escrow Agent for the Series 1998 Certificates, and the redemption price shall be paid upon presentation of the Series 1998 Certificates as follows: First Class/Registered/ Certified Mail Express Delivery Hand Delivery The Bank of New York Mellon Trust Company, N.A. Global Corporate Trust P.O. Box 396 East Syracuse, New York 13057 The Bank of New York Mellon Trust Company, N.A. Global Corporate Trust 111 Sanders Creek Parkway East Syracuse, New York 13057 The Bank of New York Mellon Trust Company, N.A. Global Corporate Trust Corporate Trust Window 101 Barclay Street 1ST Floor East New York, New York 10286 Upon presentation of the Series 1998 Certificates at the Paying Agent/Registrar on the aforementioned redemption date, the holder thereof shall be entitled to receive the redemption price equal to par and accrued interest to the redemption date. In the event said Series 1998 Certificates, or any of them are not presented for redemption by the date fixed for their redemption, they shall not thereafter bear interest. This notice is issued and given pursuant to the redemption provisions in the proceedings authorizing the issuance of the aforementioned Series 1998 Certificates and in accordance with the recitals and provisions of said Series 1998 Certificates. TOWN OF PROSPER, TEXAS B-3 EXHIBIT B - NOTICE OF REDEMPTION TOWN OF PROSPER, TEXAS NOTICE IS HEREBY GIVEN that the Town of Prosper, Texas has called for redemption the outstanding Certificates of Obligation of the Town described as follows: Town of Prosper, Texas Combination Tax and Revenue Certificates of Obligation, Series 2001, dated September 15, 2001, maturing on the dates shown below, in the aggregate principal amount of $1,605,000 (the "Series 2001 Certificates"), to the call date of the Series 2001 Certificates: October 24, 2011. Maturity Date Original Principal Amount Principal Amount to be Redeemed CUSIP Number 8/15/2012 $125,000 $125,000 8/15/2013 135,000 135,000 8/15/2014 140,000 140,000 8/15/2015 145,000 145,000 8/15/2016 155,000 155,000 8/15/2017 165,000 165,000 8/15/2018 170,000 170,000 8/15/2019 180,000 180,000 *** 8/15/2021 390,000 390,000 On the redemption date stated above, the Series 2001 Certificates will be redeemed in accordance with the terms of the ordinance authorizing their issuance from amounts held in an escrow account administered by U.S. Bank National Association, which is the Paying Agent/Registrar and Escrow Agent for the Series 2001 Certificates, and the redemption price shall be paid upon presentation of the Series 2001 Certificates as follows: First Class/Registered/ Certified Mail Express Delivery Hand Delivery U.S. Bank National Association Corporate Trust Services P. O. Box 64111 St. Paul, MN 55164-0111 U.S. Bank National Association Corporate Trust Services 60 Livingston Avenue 1st Floor - Bond Drop Window St. Paul, MN 55107 Upon presentation of the Series 2001 Certificates at the Paying Agent/Registrar on the aforementioned redemption date, the holder thereof shall be entitled to receive the redemption price equal to par and accrued interest to the redemption date. In the event said Series 2001 Certificates, or any of them are not presented for redemption by the date fixed for their redemption, they shall not thereafter bear interest. This notice is issued and given pursuant to the redemption provisions in the proceedings authorizing the issuance of the aforementioned Series 2001 Certificates and in accordance with the recitals and provisions of said Series 2001 Certificates. TOWN OF PROSPER, TEXAS To: Mayor and Town Council From: Wade Harden, Senior Parks and Recreation Planner Cc: Mike Land, Town Manager Hulon T. Webb, Jr., P.E., Director of Development Services/Town Engineer Re: Town Council Meeting – September 13, 2011 Date: September 9, 2011 Agenda Item: Consider and act upon adopting Ordinance No. 11-65 amending Ordinance No. 11-52 Comprehensive Parks Ordinance. Description of Agenda Item: Town staff has made revisions to the Comprehensive Parks Ordinance revising Section 4 C. of concerning the terms of office for appointed Park Board members. The existing Ordinance limits a Park Board members terms to two consecutive two year terms. The proposed amendment keeps the two year term, though removes the term limit of two consecutive two year terms. The Park Board is the only Board or Committee appointed by the Town Council that has term limits. The Board members serve at the pleasure of the Town Council and may be removed at the discretion of the Town Council. Budget Impact: There are no budget implications associated with this item. Legal Obligations and Review: No legal review of this item is required. Attached Documents: 1. Comprehensive Parks Ordinance Mark-up (with revisions noted) 2. Amended Comprehensive Parks Ordinance & Adoption Language Staff Recommendation: Town Staff recommends the Town Council adopt the amendment to the Comprehensive Parks Ordinance Section 4 C. as presented. MOTION OPTIONS: Make a motion to adopt the proposed amendment to the Comprehensive Parks Ordinance Section 4 C. as presented. Or Make a motion to reject the proposed amendment to the Comprehensive Parks Ordinance. Prosper is a place where everyone matters. PARKS & RECREATION 3 3. Director of Parks & Recreation Division The Town Manager shall appoint the Parks & Recreation Director to serve at the pleasure of the Town Manager, and the Director shall have such duties and responsibilities as may, from time to time, be delegated to him by the Town Manager. 4. Parks & Recreation Board A. Establishment of Parks & Recreation Board. There is hereby created and established within Prosper a Parks & Recreation Board which shall be subject to the jurisdiction of the Town Council of Prosper and shall constitute an advisory board to the Town Council. B. Number of Members. The Parks & Recreation Board shall be composed of seven (7) members appointed by the Town Council. Each member of the Parks & Recreation Board shall be a resident of Prosper; provided, however, two (2) of the seven (7) members are not required to be a resident of Prosper, but must: 1) Be an owner of a business located within Prosper’s town limits; or 2) Reside within Prosper’s extraterritorial jurisdiction. The members shall serve at the pleasure of the Town Council and may be removed at the discretion of the Town Council. C. Term of Office. The term of office of each member shall be two (2) years; provided, however, at the time of appointment of the initial members of the Parks & Recreation Board, the Town Council shall draw by lot to determine four (4) members who shall serve a one (1) year term and three (3) members who shall serve a two (2) year term. The following year, the Town Council shall appoint four (4) persons to serve a two (2) year term each. No member shall serve longer than two (2) consecutive two-year terms. D. Vacancies. When vacancies occur on the Parks & Recreation Board, the Town Council shall appoint, by majority vote, a replacement to serve the remainder of that term. E. Chair/Vice Chair/Secretary/Quorum. The Parks & Recreation Board shall have a Chair, Vice-Chair and Secretary whose terms shall be one (1) year. The Chair and Vice-Chair shall be nominated by a majority vote of the Parks & Recreation Board and appointed by the Town Council. The Secretary shall be appointed by a majority vote of the Parks & Recreation Board. Four (4) members of the Parks & Recreation Board shall constitute a quorum for transaction of business. 1) The Chairman shall preside over meetings and shall be entitled to vote upon each issue. 2) The Vice-Chair shall assist the Chairman in directing the affairs of the Parks & Recreation Board. In the absence of the Chair, the Vice-Chair shall assume all duties of the Chair. 3) The Secretary shall keep the minutes of all meetings and in the Secretary’s absence, the Chair shall designate another member to act as Secretary. The Secretary shall submit a written report of all proceedings of the Parks & Recreation Board to the TOWN OF PROSPER, TEXAS ORDINANCE NO. 11-65 AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS; AMENDING ORDINANCE NO. 11-52 (COMPREHENSIVE PARKS ORDINANCE); PROVIDING FOR A PENALTY FOR THE VIOLATION OF THIS ORDINANCE; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the Town Council of the Town of Prosper, Texas (“Town Council”) has investigated and determined that Ordinance No. 11-52 of the Town of Prosper, Texas (“Prosper”) should be amended; and WHEREAS, the Town Council found and determined that it will be advantageous, beneficial and in the best interest of the citizens of Prosper to amend Ordinance No. 11-52 as set forth below. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: Findings. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2: Amendment to Ordinance No. 11-52. Ordinance No. 11-52 Section 4 C. is hereby amended to read as follows: C. Term of Office. The term of office of each member shall be two (2) years; provided, however, at the time of appointment of the initial members of the Parks & Recreation Board, the Town Council shall draw by lot to determine four (4) members who shall serve a one (1) year term and three (3) members who shall serve a two (2) year term. The following year, the Town Council shall appoint four (4) persons to serve a two (2) year term each. SECTION 3: Savings/Repealing Clause. All provisions of any ordinance in conflict with this Ordinance are hereby repealed to the extent they are in conflict; but such repeal shall not abate any pending prosecution for violation of the repealed ordinance, nor shall the repeal prevent a prosecution from being commenced for any violation if occurring prior to the repeal of the ordinance. Any remaining portion of conflicting ordinances shall remain in full force and effect. SECTION 4: Severability. If any section, subsection, sentence, clause or phrase of this Ordinance is for any reason, held to be unconstitutional or invalid by a court of competent jurisdiction, such decision shall not affect the validity of the remaining portions of this Ordinance. Prosper hereby declares that it would have passed this Ordinance, and each section, subsection, clause or phrase thereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses, and phrases be declared unconstitutional. SECTION 5: Penalty Provision. Any person, firm, corporation or business entity violating this Ordinance shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be subject to a fine not to exceed the sum of FIVE HUNDRED DOLLARS ($500.00), unless the violation relates to fire safety, zoning or public health and sanitation, including dumping and refuse, in which the fine shall not exceed the sum of TWO THOUSAND DOLLARS ($2,000.00). Each continuing day's violation under this Ordinance shall constitute a separate offense. The penal provisions imposed under this Ordinance shall not preclude Prosper from filing suit to enjoin the violation. Prosper retains all legal rights and remedies available to it pursuant to local, state and federal law. SECTION 6: Effective Date. This Ordinance shall become effective on September 13, 2011. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS ON THIS 13th DAY OF SEPTEMBER, 2011. APPROVED AS TO FORM: _____________________________________ Ray Smith, Mayor ATTESTED TO AND CORRECTLY RECORDED BY: ____________________________ Amy Piukana, TRMC Town Secretary