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04-087 - OTOWN OF PROSPER, TEXAS ORDINANCE NO.04-87 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR THE TOWN OF PROSPER, TEXAS FOR THE FISCAL YEAR BUDGET BEGINNING OCTOBER 1, 2004 AND ENDING SEPTEMBER 30, 2005; 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 Mayor has submitted to the Town Council of the Town of Prosper, Texas (`Town Council") the proposed budget of the revenues and expenditures for conducting the affairs of Prosper and providing a complete financial plan for the fiscal year beginning October 1, 2004 and ending September 30, 2005 and has filed the same with the Town Secretary (the "budget"). A copy of the budget is attached hereto as Exhibit "A" and incorporated herein for all purposes; and WHEREAS, a public hearing was held by the Town Council on said budget on August 24, 2004 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; 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. The proposed budget estimate of revenues and expenditures for Prosper, attached. hereto as Exhibit "A", as submitted by the Mayor and appropriated by the Town Council for the fiscal year beginning October 1, 2004 and ending September 30, 2005, is hereby approved and adopted. 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 $ 3,145,163 Water & Sewer Fund $ 2,533,244 Capital Projects Fund $ 6,594,300 Interest & Sinking Fund $ 1,116,898 Special Revenues Fund $ 340,814 04-87, 2004 General Budget Ordinance.doc Page 1 of 2 SECTION 4: Authority of Town Administrator. Specific authority is hereby given to the Town Administrator 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 31s� DAY OF AUGUST, 2004. a' CHAREffS NISWAN , Mayor ATT T TO: —if M441 HANAE JENN S, Town Se retary Date of Publication / G 7 Morning News — Collin County Edition 04-87, 2004 General Budget Ordinance.doc Page 2 of 2 'A VVANIA lK. lkim A 10 FY 2004-2005 Town of Prosper Budget August 31, 2004 Town of Prosper 113 W. Broadway Street Prosper,, Texas 75078. (972)346-2640' www,prospertxgov IFTOWti of Prosper OY 2004-2005 Annual Budget General Information on the Town of Prosper The Town of Prosper is located on the northern edge of the Dallas Metroplex and is bordered by U.S. 380 and the City of Frisco to the south, F.M. 1461 and the City of Celina to the north, F.M. 2478 (Custer Road) and the City of McKinney to the east, and F.M. 1385 and unincorporated289 areas of Denton County to the west. Two major Dallas area north -south thoroughfares, S.H. (Preston Road) and the future extension of the Dallas North Tollway, bisect the Town. Evidenced by the neighboring cities of Frisco and McKinney, two of the fastest growing cities in the United States, the Town of Prosper is on the verge of dramatic physical changes. __ In 1975, the population of the Town of Prosper was 501. In January 2004, the North Central Texas Council of Governments estimated the Town's population to be 3,103. With an inventory of over 600 lots within recently developed single-family subdivisions and additional single-family subdivisions under construction, the Town's population is expected to rapidly increase. At present, the Town of Prosper's water supply consists of six water wells that pump up to 1,160 - gallons of water per minute or 1,670,400 gallons per day. Due to the increasing population of the Town, the Town has negotiated contracts to provide for the increasing demand for water. Through the execution of the contracts, the North Texas Municipal Water District (NTMWD) will transport surface water to the Town to supplement its existing water supply. The primary water source of the NTMWD is Lake Lavon, located approximately 30 miles southeast of the Town. Since the construction of the transmission line to provide this water is not projected to be complete until the summer of 2005, the Town executed an additional contract with the NTMWD and the City of Frisco to provide an interim source of surface water. The water line to provide the interim source of water will extend along Preston Road from Panther Creek Parkway to U.S. 380. It is estimated that the construction of the water line will be complete by the end of August 2004. The Town of Prosper owns and operates a wastewater (sewer) treatment plant. While the capacity of the plant is adequate for the Town and some additional population growth, the Town has taken measures to plan for the additional capacity needed to serve the future population of the Town. Through a recent permit approval from the Texas Commission on Environmental Quality, the Town will maintain the ability to expand the capacity of its wastewater treatment plant. In addition, the Town executed contracts with the North Texas Municipal Water District (NTMWD) to provide wastewater services to the Town. In accordance with the contracts, the NTMWD will construct a wastewater interceptor pipeline as their next phase of the Upper East Fork Interceptor System. The line will extend from the Wilson Creek Wastewater Treatment Plant south of U.S. 380 in McKinney to the Town. The pipeline will provide wastewater service to the eastern one-third of the Town by allowing the Town to discharge wastewater into the Wilson Creek plant. The annual cost to the Town over the next ten years will range from $270,000 to $583,000 or an approximate average of $429,500 per year. However, since the Town will not 6gin "to incur these costs until the construction of the sewer line is complete,. the costs will not begin to directly impact the Town's budget until FY 2005-2006. The Town Council and Staff The Town of Prosper is a general law municipality and operates under an Aldermanic (or Mayor - council) form of government. The mayor and five aldermen (Council members) of the Town are: Town of Prosper FY 2004-2005 Budget Page 1 of 8 Charles Niswanger Ane Casady Lisa Dritschler Kevin Drown -Mike Wadsworth David Bristol i Mayor - Town Council — Place 1 Town Council — Place 2 and Mayor Pro Tern Town Council — Place 3 Town Council — Place 4 Town Council — Place 5 The Mayor is -the chief executive officer and budget officer of the Town, and is responsible for ensuring that the laws and ordinances of the Town are properly enforced. The Town employs a Town Administrator to assist the Mayor with his/her duties and to implement the policies established by the Town Council. The Town currently maintains a staff of 24 full-time employees. Due to the increase in the Town's population and the associated demand for and expectation at services offered in other Dallas area municipalities, the Town's FY 2004-2005 proposed budpt includes four new full-time positions and one new part-time position. The Town's current staff and the new positions are categorized in the following six departments. The new positions m listed in italics. Administration (4) Town Administrator Town Secretary Business Manager Administrative Assistant (part time) Planning (2) Director of Planning Administrative Assistant Public Works (7) Buildinq Inspections (2) Director of Public Works Building Official Water/Sewer Operator Building Inspector Streets Superintendent Maintenance Worker (Streets) Maintenance Worker (Water/Sewer) Utility Billing Clerk WaterlSewer Operator Police (8) Fire (7) Police Chief Fire Chief Captain Six (6) Firefighters / EMTs Four (4) Police Officers Municipal Court Clerk Police Officer/School Resources Officer The Budget Process and Schedule Town staff began the process of preparing the FY 2004-2005 budget in April. Near the end of May, a schedule and instructions for the FY 2004-2005 budget were distributed to the Town's Department Heads. During the first part of June, the Department Heads prepared budgets for their departments. Following a review of the proposed budgets by the Town Administrator, the Town of Prosper FY 2004-2005 Budget Page 2 of 8 Town Administrator discussed modifications necessary to balance the budget with the Department Heads. , The Town Council conducted their first budget workshop on July eh.. At this workshop, each Department Head provided a general overview of their budget to the Council. Prior to the Council's second budget workshop on July 20th, Council members contacted the Town's Department Heads to discuss budget comments and questions. At the Council's second budget workshop, specific budget modifications were discussed. From this workshop, the Town Administrator derived information to prepare the final draft of the budget. A concerted effort was made to hold expenses to a minimum while striving to provide the additional services demanded by a growing community. ' In accordance with State law, the Mayor has filed the final draft of the budget, with the Town Secretary to allow the public the ability to review the budget prior to the required public hearings on the budget and tax rate. The Town Council will take final action on the budget and ta�< rate ir.. September. The FY 2004-2005 Proposed Budget The Town's budget is organized into funds. The following is information regarding _the.revenues and expenditures of each fund. Interest and Sinking Fund The Interest and Sinking (I & S or Debt Service) Fund is financed by property taxes and is used to pay the principal, interest, and related costs on the Town's long-term liabilities. Debt currently financed by property tax collections includes: Debt Type Original Debt Purpose Amount Series 1996 $805,000 Elevated storage tank and water line .Certificates of Obligation Series 1998 . $800,000 Sewer plant improvements and Certificates of Obligation construction and replacement. of sewer lines Series 2001 $2,510,000 Water and sewer improvements and new. Certificates of Obligation* Central Fire Station Series 2002 $217,260 Ambulance Tax Notes Series 2003 $325,000 Fire truck Tax Notes Series 2004 $10,500,000 Water and sewer improvements, Town Certificates of Obligation facilities, and associated land acquisition *A portion of the Series 2001 Certificates of Obligation is financed by the Water and Sewer Fund With the exception of, the Series 2004 Certificates of Obligation, all proceeds from the tax notes and certificates of obligations issued by the Town have been expended. A proposed expenditure plan was prepared in conjunction with the issuance of the Series 2004 Certificates of Obligation. The plan lists the following projects and estimated costs: • Fire Station $ 400,000 Gentle Creek Lift Station and Force Main to WWTP $ 995,000 Town of Prosper FY 2004-2005 Budget Page 3 of 8 • CR 80 Lift Station and Force Main to CR 122 $ 285,000 • Danville/Prosper Water Improvements $ 84,000 .- Water for West Prosper $ 805,000 Sewer for West Prosper $1,878,000 Water Storage Tanks and Pump Station to Receive Water from the NTMWD $ 1,500,000 • Elevated Water Storage Tank $ 950,000 • Town Facilities (Town Hall and Police/Courts) $ 2,000,000 • Associated Land Acquisition $1,603,000 The new Central Fire Station, located on C.R. 78 (East First Street) east of S.H. 28§ (Preston Road), opened in mid -July. A contract has been executed for the construction of a sewer force main extending from the Gentle Creek subdivision to the Town's existing wastewater treatment plant located west of downtown Prosper. In conjunct;bn with the same project, a sewer line will be extended from the Steeplechase subdivision to G.R. 80 (Coit Road) and from C.R. 80 (Coit Road) north to C.R. 122 (Prosper Trail) and east along the southern boundary of the Whispering Farms subdivision. The construction of these lines is estimated to be complete by March 2005. It is anticipated that all other projects will begin in FY 2004-2005. Updates on all projects and expenses associated with the Series 2004 Certificates of Obligation can be found on the Town's website at www.prospertx.aov by clicking on the icon labeled as °$ Prosper Bond 2004 To support the Town's debt, the I & S portion of the Town's tax rate is proposed to be 29.126 cents per $100 of assessed value of taxable property. The Town's FY 2003-2004 tax rate included 10.566 cents per $100 of assessed value of taxable property to support the Town's debt. The major reason for the increase in the Town's I & S rate results from the debt service required to -support the Series 2004 Certificates of Obligations issued earlier this year in the amount of $10,500,000. The Town's financial consultant estimated that the I & S rate would increase by approximately 14 cents as a result of issuing the Certificates of Obligation. The additional increase of four and one-half cents in the I & S rate results from the manner in which the Town services its existing debt. In the past, the Town has made payments towards its Series 2002 and 2003 tax notes from the General Fund. However, all debt service supported by property taxes should be financed by the Town's I & S tax rate. By shifting the payments from the General Fund to the Interest and Sinking Fund, the I & S tax rate must be adjusted by the additional four and one-half cents. General Fund The General Fund is the operating fund of the City. All general tax revenues and other receipts that are not restricted by law or contractual agreement to some other fund are accounted for in this fund. Departments operating in the General Fund include Administration/Communications, Building Inspections, Fire, Parks and Recreation, Planning, Police, and Streets. Revenues The following revenue sources of the General Fund should be noted: • Property Tax — The Town's maintenance and operations (M & O) portion of the tax rate was .21844 last year. Due to the overall increase in the total value of taxable property within the Town, the Town is able to decrease its M & O tax rate to .18844 per $100 of assessed value of taxable property. • Sales Tax — Although it is anticipated that new retail and commercial development will contribute to a modest increase in the Town's sales tax revenues, revenue from sales tax is --being projected for FY 2004-2005 at a rate almost equal to the monthly average for FY 2003- 2004..Since a sizeable percentage of the Town's tax base in derived -from -the batch plants, this conservative projection is made to protect the Town from an unfortunate scenario in Town of Prosper FY 2004-2005 Budget Page 4 of 8 r which concrete sales were to drastically decrease. The' total sales tax projections were raised slightly to reflect current averages for FY 2003-2004. Permit -Fees — Revenues projected from permit fees are based on an increase of eight . percent over the permit totals for the last year. Expenditures Major expenditures new to the budget that are proposed to be financed by the General Fund are summarized as follows: Emergency Warning Sirens — Town staff receives frequent inquiries from citizens about the Town's plans to install emergency warning sirens. In response to those inquiries, the Town Council has included funds in the FY 2004-2005 budget to equip the Town with the sirens. The estimated cost of $110,000 is a tax rate equivalency factor of raver 3.5 cents per $100 of assessed value of taxable property. e Business Manager — The Business Manager (Director of Finance) will attend to purchasing, bidding, budget administration, accounting, tax collections, utility billing, internal performance audits, and risk management responsibilities. • Police -Officer / School Resources Officer — A School Resources Officer will primarily focus on school events and activities and will maintain a visible presence at Prosper -schools. Administrative Assistant (Administration - part time only) — The Administrative Assistant will provide much needed help in the Town's Administrative office. Besides being cross trained to assist with utility billing functions, the assistant will help organize the Town files, prepare information -for Council meetings, and provide general clerical assistance to the Town Administrator, Town Secretary, and Business Manager. Administrative Assistant (Planning/Building Inspections) — An Administrative. Assistant shared by Building Inspections, Planning, and Parks will assist Building Inspections with the processing of permit applications and contractor registrations and will assist Planning with the processing of zoning and development applications. In addition, the new position will provide assistance .to -Parks with the scheduling of activities at the Town's parks and athletic -fields. • TMRS — The proposed budget includes an increase in the Town's snatching rate for the Texas Municipal Retirement System. The matching rate will increase from 1:1 to 2:1, as is common with most municipalities. Reserve Fund - With the approval of the FY 2003-2004 budget, the Town Council established a goal of maintaining sixty days of operating expenses. The reserve funds included' in the proposed budget exceed the amount appropriated by the Council for the FY 2003-2004 budget and bring the Town closer to its goal of 16.67% of the overall expenditures. In addition, the Council has expressed a desire to increase the reserve fund with any non - specified revenues received by the Town in FY 2004-2005 prior to utilizing the funds for other items. The -reserve fund will finance any reimbursements to an employee for accrued sick, personal, or vacation leave. Also, if the Town Council were to accept the results of a salary study and provide market adjustments to salaries, the amount would be absorbed by reserve funds. Capital Project Fund The Capital Project Fund is used to account for the acquisition or construction of capital facilities being financed from General Obligation or Certificate of Obligation Bond proceeds or transfers from other funds. The Capital Project Fund finances improvements to Town facilities, streets, water, sewer, and parks improvements through the Series 2004 Bond Fund. Pending capital improvement projects include: • Gentle Creek, Steeplechase, and Whispering Farms Sewer Improvements • Ground Water Storage Tank, Pump Station, and Water Line (to receive NTMWD water) • Elevated Water Storage Tank Town of Prosper FY 2004-2005 Budget Page 5 of 8 . I • Improvements to the soon to be acquired Danville Water System • West Prosper Water and Sewer Improvements Water and Sewer Fund The Water and Sewer Fund is used to finance water and sewer system operations and the collection and disposal of solid waste. These services to the general public are funded on a user - charge basis. Revenues • Water and Sewer Initiation Fees • Water, Sewer,. and Solid Wiste Fees Expenditures Water System Operator — The hiring of a Water System Operator will allow the Town to assign the responsibility for maintaining and monitoring the wastewater treatment plant to one individual and to assign the responsibility of maintaining and monitoring the Town's water system to another individual. This position will also assist with installation of water meters and taps, meter reading, and repair of water and sewer lines. • NTMWD / City of Frisco Water Fees — As described above, in the near future, the Town will begin to supplement its well water with surface water from the NTMWD. Once construction is complete, a water line will provide surface water from the NTMWD to the Town via a City of Frisco water line. The Town's contract with NTMWD establishes a minimum amount of water that the Town must purchase from the NTMWD. When these costs are combined with the City of Frisco's transportation costs, the cost to the Town for FY 2004-2005 is estimated to be $484,000. • Sewer Management Fees — The Town currently contracts for the daily hauling of raw sewage from the Gentle Creek subdivision to the Town's wastewater treatment plant. In addition, the Town contracts to have sludge transported to the Stewart Creek wastewater treatment plant in Frisco. These costs will continue to increase as the population grows. However, the hauling of raw sewage will cease after a force main is constructed from Gentle Creek to the Town's wastewater treatment plant. • Professional Services — The proposed expenditures within the Professional Services account in the Water and Sewer Fund include engineering fees and funding for an impact fee update and utility rate analysis. Engineering costs are expected to increase, because the Town will be commencing with a number of water and sewer projects. Revenue from the Water and Sewer Fund will be used to fund the design of some of these projects. The impact fee update is necessary so that impact fees reflect changes made to the Town's Thoroughfare Plan. The utility rate analysis will allow the Town to evaluate its fee structure to determine if utility rates are sufficient to support the construction of additional infrastructure and the costs of acquiring water from and transporting sewer to the NTMWD. - • Legal Fees — Legal costs in the Water and Sewer Fund can be attributed to the Town's efforts in acquiring water and sewer Certificates of Convenience and Necessity (CCN) for the Denton County portion of the Town, completing the transfer of a CCN from the Danville Water Supply District to the Town, and for drafting and reviewing development agreements for the Town. • Reserve Fund -With the approval of the FY 2003-2004 budget, the Town Council established a goal of maintaining sixty days of operating expenses. The reserve funds included in the proposed budget.equals the Town goal of 16.67% of the overall expenditures. The reserve fund will finance any reimbursements to an employee for accrued sick, personal, or vacation leave. In addition, if the Town Council were to accept the results of a salary study and provide market adjustments to salaries, the amount would be absorbed by reserve funds. Town of Prosper FY 2004-2005 Budget Page 6 of 8 Special Revenues (Impact Fees, Park Fees, and State Fines) Fund The Special Revenues Fund includes water, sewer, and thoroughfare impact fee accounts; park improvement and dedication fee accounts; and a state fine account. Based on local and State legislation, the Town is restricted on how revenue in these accounts may be utilized. The water, sewer, and thoroughfare impact fees and park improvement and dedication fees are to be used for the specific improvement that the fees were collected and are not to be used for any other use. Revenue from state fines may be transferred to other funds, but only after the fiscal year in which it was collected. Economic Development Corporation Fund The Economic Development Corporation Fund is financed by a Y 2 cent State sales tax. The use of these funds is restricted by State law to specific economic development purposes. Revenues As mentioned above, the Economic Development Corporation Fund is financed. solely by a Y2 cent State sales tax. Revenue from sales tax is being projected for FY 2004-2005 at a rate almost equal to the monthly average for FY 2003-2004. Expenditures • Executive Director of the EDC — Currently, by contract, the Town Administrator also serves as the Executive Director of the EDC. However, the responsibilities of the Executive Director of the EDC demand more attention than can be provided by the Town Administrator. Therefore, the EDC is proposing to hire a full-time Executive Director. Associated expenditures include benefits, cell phone, computer, and mileage reimbursement for the Executive Director. • Postage, Publications, and Printing — Expenditures in the postage, publications; and printing categories have been increased to allow for an increased marketing effort. - - • Special Events and Promotions — The EDC will research the possibility of holding a golf tournament to promote the Town and its economic development efforts. • Professional Services — The EDC has and will continue to promote the Town through maintenance of a website for the Town and EDC. Property Tax Rate and Comparison to Other Collin County Cities When the proposed I & S tax rate of 29.126 cents is combined with the proposed M & O rate of 18.844 cents, the proposed tax rate for FY 2004-2005 totals 47.97 cents per $100. of assessed value of taxable property. As stated above, the increase from 32.41 cents to 47.97 cents is due primarily to the debt associated with the Series 2004 Certificates of Obligation issued to fund water and sewer improvements, the construction of Town facilities, and associated land acquisition. The following chart provides a comparison of Collin County cities and their FY 2003-2004 tax rates. One.. should note that larger cities such as Frisco, Plano, Allen, and -Richardson with established retail and commercial tax bases have tax rates much higher than Prosper's current tax rate and very close to that of the tax rate projected for the Town for FY 2004-20..05. The average tax rate for Collin County cities for FY 2003-2004 was 43.63 cents per $100 of valuation. Town of Prosper FY 2004-2005 Budget . Page 7 of 8 r i Collin County Tax Rates FY 2003-2004 Jurisdiction :Total Tax Rate M St O Rate I S Rate' CELINA 0.76000 0.58238 0.17762 WYLIE 0.70500 0.53404 0.17096 PRINCETON 0.70130 0.39221 0.30909 MCKINNEY 0.59800 0.42145 0.17655 BLUE RIDGE 0.58424 0.58424 0.00000 FARMERSVILLE 0.57773 0.46833 0.10940 ALLEN 0.56100 0.35924 0.20176 SACHSE 0.56006 0.46651 0.09354 _ i ANNA 0.49970 0.49970 0.00000 ST. PAUL 0.48584 0.48584 0.00.000 PROSPER (IFY 2004-2006) 0.47970 0.188" 0.29126 RICHARDSON 0.47785 0.30377 0.17408 PLANO 0.45350 0.29080 0.16270 MELISSA 0.43797 0.43797 0.00000 JOSEPHINE 0.43600 0.43600 0.00000 FRISCO 0.43200 0.22595 0.20605 MURPHY 0.43040 0.14590 0.28450 LAVON 0.41450 0.41450 0.00000 LUCAS 0.37251 0.24554 0.12696 PROSPER (IFY 2003-2004) 0.32410 0.218" 0.10566 FAIRVIEW 0.29000 0.15098 0.13902 PARKER 0.27000 0.20217 0.06783 WESTMINSTER 0.23739 0.23739 0.00000 LOWRY CROSSING 0.22000 0.22000 0.00000, NEW HOPE 0.21000 6.21000 0.00000 WESTON 0.16096 0.16096 0.00000 NEVADA 0.14352 0.14352 0.00000 According to- the Collin County Central Appraisal District, the price of the average single family home in Prosper is $242,304. A tax rate of .4797 will equate to taxes of $1,162.33 for the average priced single family home in FY 2004-2005, compared to a tax rate of .3241 and taxes of $785.30 in FY 2003-2004. The increase of $377.03 equates to an amount of $1.03 per day. Summary As a. rapidly growing community, Prosper has been placed in a position in which it must extend its infrastructure of water, sewer, and streets and employ a staff that can continue to provide existing services while striving to meet the demand for new and enhanced services. As described above, Prosper --is*. transitioning from a town with a limited supply of well water..to . a town that has contracted with the NTMWD to provide a source of surface water, and from- a town -with a small sewer treatment plant to a town that contracts with the NTMWD to provide regional wastewater treatment. - This process is expensive, but necessary. Past Town Councils have been faced with the challenges of a growing community and future Councils will be forced --to address similar issues. Questions regarding the FY 2004-2005 budget may be directed to Town Hall _at (972) 346-2640. Town of Prosper FY 2004-2005 Budget Page 8 of 8 Town of Prosper FY 2004-2005 Town Budget Combined Budget Summary - Estimated Fund Balances Estimated Beginning Balance Plus Estimated Revenue Subtotal: Less Estimated Expenditures Estimated Ending Balance Net General Fund $ 750,018 $ 2,415,621 $ 3,165,639 $ . 3,145,163 $ 20,476 Net Capital Projects Fund $ 10,147,175 $ 140,000 $ 10,287,175 $ 6,594,300 $ . 3;692,875 Net Water and Sewer Fund $ 911,481 $ 1,640,053 $ 2,551,534 $ 2,533,244 $ 18,290 Net Interest and Sinking Fund $ 60,836 $ 1,059,179 $ 1,120,015 $ 1,116,898 $ 3,117 . Net EDC Fund $ 325,000 $ 276,331 $ 601,331 $ 231,854 .$ 369,477 Net Special Revenues Fund Park Improvement Fee Acct $ 5,000 $ 363,000 $ 368,000 $ 55,000 $ 313,000 Park Dedication Fee Acct $ 16,473 $ 232,043 $ 248,516 $ - $ 248,516 Water Impact Fee Acct $ 189,957 .$ 132,160 $ 322,117 $ _ 10,000 $ 312,117 Wastewater Impact Fee Acct $ 150,666 $ 114,080 $ 264,746 $ 181,314 $ 83,432 Thoroughfare Impact Fee Acct $ 25,000 $ 134,240 $ 159,240 $ 10,000 $ 149,240 State Fines Acct $ - $ 105,150 $ 105,150 $ 84,500 $ 20,650 Totals $ 12,581,606 $ 6,611,857 $ 19,193,463 $ 13,962,273 $ 5,231,190 Town of Prosper - FY 2004-2005 Budget - Revenues ................................. . .................. .... .- ...... ...... ............ . ...... ...... 1P.R� i.!:. ,P.. ....4...h.. Rro General Fund Beginning Balance $ 569,454.00 $ 750,018.00 $ 750,018.00 $ 750,018-00 Administration $ 1,669,376.00 $ 1,720,217.76 $ 1,720,217.76 $ 1,720,217.76 Police $ 111,163.00 $ 118,235.00 $ 118,235.00 $ 118,235.00 Fire $ 197,706.00 $ 258,972.84 $ 258,972.84 $ 258,972.84 Streets none none none none Parks/Rec none none none none Communications none none none none Inspections $ 251,500.00 $ 252,145.00 $ 252,145.00 $ 252,145.00 Planning none $ 66,050.00 $ 66,050.00 $ 66,050.00 General Fund Totals $ 2,799,199.00 $ 3,165,638.60 3,165,638.6JO $ 3,165,638.60 ..... ..... .............. .... ........ Water and Sewer Fund Beginning Balance . 1,154,199.00 $ 911,481.01 $ 911,481.01 $ 911,481.01 Water and Sewer Fund 1,493,605.81 $ 1,640,053.44 $ 1,640,053.44 $ 1,640,053.44 Water and Sewer Fund Totals $ 2,647,804.81 $ 2,551,534.45 $ 2,551,534.45 $ 2,551,534.45 .. ....... .. . . . ......... .. .. .................... ..... .............. ......... Interest and Sinking Fund Beginning Balance $ 53,000.00 $ 60,835.56 $ 60,835.56 $ 60,835.56 Interest and Sinking Fund $ 331,312.56 $ 1,059,179.26 $ 1,059,179.26 $ 1,059,179.26 Interest and Sinking Fund Totals $ 384,312.56 $ 1,120,014.82 $ 1,120,014.82 $ 1,120,014.82 .................. ....... ........... .............. .... Town of Prosper - FY 2004-2005 Budget -.Revenues Account # FY 2003 2004 200 BOOS ' 4 PK ppo I 04 21a i FX 20 05 , j��cpimgn ed FY 20Q4,2005 Alp �oae ......................... Special Revenues Fund. Beginning Balance Park Improvement Fees Park ImprovementFees Beginning Balance Park Dedication Fees Park Dedication Fees Beginning Balance Water Impact Fees Water Impact Fees Beginning Balance Wastewater Impact Fees Wastewater Impact Fees Beginning Balance Thoroughfare Impact Fees Thoroughfare Impact Fees $ $ $ $ $ $ 226,000.00 189,520.00 none 48,595.00 none 234,108.00 none 162,564.00 none 255,000.00 $ $ $ $ $ $ $ $ $ $ 5,000.00 363,000.00 16,473.00 232,043.00 189,957.00 132,160.00 150,666.00 114,080.00 25,000.00 134,240.00 $ $ $ $ $ $ $ $ $ $ 5,000.00 363,000.00 16,473.00 232,043.00 189,957.00 132,160.00 150,666.00 114,080.00 25,000.00 134,240.00 $ $ $ $ $ $ $ . 5,000.00 363,000.00 16,473.00 232,043.00 189,957.00 132,160.00 150,666.00 $ $ $ 114,080.00 25,000.00 134,240.00 Beginning Balance State Fines State Fines $ none 102,436.00 $ none 55,150.00 $ none 105,150.00 $ none 105,150.00 Special Revenues Fund Totals $ 4218,223.00 $ 1,417,769 00 $ 1,467,769 00 $ 1,467,769 00 Capital Projects Fund Beginning Balance Series 2001 Bond $ 514,426.00 none none none Series 2001 Bond $ 1,286,145.20 none none none Beginning Balance Series 2004 Bond Series 2004 Bond $ $ 10,500,000.00 57,175.00 $ $ 10,147,175.00 1 140,000.00 $ $ 10,147,175.00 140,000.00 $ .$ 10,147,175.00 140,000.00 Capital Projects Fund Totalsi $ 12,357,746.20 $ 10,287,175.00. $ 10,287,175.00 $ 10,287,175.00 EDC Fund Beginning Balance EDC Fund EDC Fund $ $ 266,000.00 259,426.00 $ $ 325,000.00 276,331.00 $ $ 325,000.00 276,331.00 $ $ 325,000.00 276,331.00 EDC Fund Totals $ 525,426.00 $ 601,331.00 $ 601,331.00 $ 601,331.00 :..::.... . ::. Totals $ 19,932,711.57 $ 19,143,462.87 $ 19,193,462.87 $ 19,193,462.87 Town of Prosper - FY 2004-2005 budget - Summary of Expenditures General Fund Administration $ 648,664.94 $ 739,554.17 $ 5831113.20 $ 583,113.20 Police $ 564,587.55 $ 770,544.34 $ 738,257.62 $ 738,257.62 Fire $ 716,912.88 $ 1,338,709.67 $ 790,838.75 $ 790,838.75 Streets $ 191,664.40 $ 277,738.70 $ 260,951.58 $ 260,951.58 Parks/Rec Communications $ $ 57,755.00 4,400.00 $ $ 77,155.00 42,051.95 $ $ 21,855.00 13,336.95 $ $ 21,855.00 13,336.95 Inspections Planning $ $ 72,198.95 91,587.66 $ $ 189,023.53 196,282.17 $ $ 189,023.53 137,786.34 $ $ 189,023.53 137,786.34 Subtotals $ 2,347,771.38 $ 3,631,059.53 $ 2,735,162.97 1, $ 2,735,162.97 60 Day Reserves General Fund Totals $ $ 331,277.00 2,679,048.38 $ $ 605,297.62 4,236,357.15 $ . $ 410,000.00 3,145,162.97 1 $ $ 410,000.00 3,145,162.97 Water and Sewer Fund Subtotal $ 1,764,014.49 $ 2,171,289.77 $ 2,171,289.77 $ 2,171,289.77 60 Day Reserves $ 286,225.00 $ 361,954.00 $ 361,954.00 $ 361,954.00 Water and Sewer Fund Totals $ 2,050,239.49 $ 2,533,243.77 $ 2,533,243.77 $ 2,533,243.77 Interest and Sinking Fund $ 323,476 50 $ 1,116,897 96 $ 1,116,897 96 $ 1,116,897 96 Special Revenues Fund Park Dedication Fees $ 389,646.00 $ 55,000.00 $ 55,000.00 $ 55,000.00 Park Improvement Fees none none none none Water Impact Fees none $ 10,000.00 $ 10,000.00 $ 10,000.00 Wastewater Impact Fees none $ 181,313.75 $ 181,313.75 $ 181,313.75 Thoroughfare Impact Fees $ .:. 230,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 State Fines $ ' 44,150.00 $ 84,500.00 $ 84,500.00 $ 84,500.00 Special Revenues Fund Totals $ 663,796.00 $ 340,813.75 $ $ 340,813.75 . _ . .340,813.75 .. Capital Projects Fund Series 2001 Bond $ 1,267,274.95 none none - none Series 2004 Bond $ 410,000.00 $ 6,594,300.00 $ 6,594,300.00 $ 6,594,300.00 Capital Projects Fund Totals $ 1,677,274.95 $ 6,594,300.00 $ 6,594,300.00 $ 6,594,300.00 EDC Fund $ 199,987.00 $ 231,853.51 $ 231,853 51 $ 231,853 51 Total $ 7,593,822.32 $ 15,053,466.15 $ 13,962,271.96 13,962,271.96 Special Revenues Ir Water and Sewer 18% Capital Projects 47% Town of Prosper 1( 2004-2006 Budget 21 Expenditures (by Fund) ElGeneral Fund IN Capital Projects ❑ Water and Sewer ❑ Interest and Sinking ® EDC El Special Revenues All Other E; 22 Reserve Funds 6% Town of Prosper FY 2004-2005 Budget % of Total Exenditures (by Type of Expenditure) Salaries 10% Capital Projects 48% 3enefits I Service 8% Capital Expenditures 3% Salaries El Employee Benefits ❑ Debt Service ❑ Capital Expenditures 0 Capital Projects El Reserve Funds III All Other Expenditures i Town of rrosver FY 2004=2005 Annual Budget Interestand Sinking (I & S) Fund Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Interest and Sinking (I & S) Fund FY 2003-2004 FY 2003-2004 FY 2004-2005 FY 2004-2005 FY 2004-2005 Account # Account Description Budgeted Projected Proposed Recommended Approved Beginning Balance $ 53,000.00 $ - $ 60,835.56 $ 60,835.56 $ 60,835.56 4105 Property Taxes - Delinquent $ 9,313.00 $ 4,500.00 $ 6,000.00 $ 6,000.00 $ 6,000.00 4110 PropertyTaxes- Current $ 270,699.56 $. 265,000.00 $ 910,479.26 $ 910,479.26 $ 910,479.26 4610 Interest Income $ 2,500.00 $ 1,000.00 $ 2,700.00 1 $ 2,700.00 $ 2,700.00 Trar :.fe- ; rom 2004 Bond $ - $ - $ 140,000.00 $ 140.000.00 $ 140,000.00 335,512.56 $ 270,500.00 $ 1,120,014.62 $ 1,12G,014.82 L 1,320,034.92 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures Interest and Sinking (I & S) Fund Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projetbed FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5270 Bank Charges $ 160.00 $ 160.00 $ $ $ 6175 1999 Bond Payment $ - $ $ $ $ 6180 2001 Bond Payment $ 135,074.00 $ 135,074.00 $ 135,185.00 $ 135,185.00 $ 135,185.00 6185 1996 Bond Payment $ 68,737.50 $ 68,737.50 $ 71,900.00 $ 71,900.00 $ 71,900.00 6190 1998 Bond Payment $ 64,505.00 $ 64,505.00 $ 63,210.00 $ 63,210.00 $ 63,210.00 6195 2002 Tax Note Payment $ $ - $ 50,656.15 $ 50,656.15 $ 50,656.15 6196 2003 Tax Note Payment $ $ $ 75,066.81 $ 75,066.81 $ 75,066.81 6197 2004 Bond Payment $ $ $ 675,880.00 $ 675,880.00 $ 675,880.00 6200 Bond P rninistrativeFees $ 2,000.00 $ 2,000.00 $ -' Ir 60 Day Reserve Fund -Totalsl $ 53,000.00 $ 323,476.50 $ 53,000.00 $ 323,476.50 $ 45,000.00 $ 1,116,897.96 > — 45,000,00 S__ 1_16,- Y.P.- $ 45,000.00 S '1,1.1G�897.95J FY 2004=2005 Annual Budget General Fund Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Genera! Fund (Administration) FY 2003-2004 FY 2003-2004 FY 2004-2005 FY 2004-2005 FY 2004-2005 Account# Account Description Budgeted Projected Proposed Recommended Approved Beginning Balance - GF $ 443,000.00 $ 569,454.00 $ 750,018.00 $ 750,018.00 $ 750,018.00 4035 39/. Construction Insp Fee $ 120,000.00 $ 120,000.00 $ 110,000.00 $ 110,000.00 $ 110,000.00 F110 Atty Fees - Taxes Property Taxes- Delinquent $ $ -$ 6,000.00 $ -$$ 4,500.00 I 5,000.00 $ 5,000.00 $ $ 5,000.00Property Taxes - Current $ 559,640.00 $ 559,640.00 _5 ^ _ 589,063.76 ~_ $ _ _ 589,063J6 $__� 589,063.76 j Tares Penalties $ 14,000.00 $ - % $ Q' 4115 4120 _ Sales lax $ 612,636.00 $ 778,278.00 5 829,004.110 ~-�9?.0,.00 $_ 829,004.00 $_ 829,004.00 4140 Franchies Fee Electric $ 85,000.00 $ 85,000.00 s $ 94,000.00 $ 94,000.00 4150 Franchies Fee - Telephone $ 10,000.00 $ 12,200.00 $ 14,800.00 $ 14,800.00 $ 14,800.00 4160 Franchise Fee- Gas $ 6,200.00 $ 17,447.00 $ 18,000.00 $ 18,000.00 $ 18,000.00 4180 Franchise Fee - Other $ 4,700.00 $ 18,000.00 $ 38,100.00 $ 38,100.00 $ 38,100.00 4215 Annexation Fees $ 2,250.00 $ 18,000.00 $ 1,250.00 $ 1,250.00 $ 1,250.00 4610 Interest Income $ 5,777.00 $ 4,200.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 4910 Other Revenue $ 17,196.00 $ 16,000.00 $ 16,000.00 $ 16,000.00 $ 16,000.00 Subtotall $ 1,443,399.00 $ 1,633,265.00 $ 1,720,217.76 $ 1,720,217.76 $ 1,720,217.76 Totals $ 1,886,399.00 $ 2,202,719.00 $ 2,470,235.76 $ 2,470,235.76 $ 2,470-235.76 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures General Fund (Administration) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 20D4-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 Salaries & Wages $ 168,680.00 $ 116,000.00 $ 177,192.25 $ 177,192.25 $ 177,192.25 5115 Salaries - Overtime $ 2,000.00 $ 550.00 $ 400.00 $ 400.00 $ 400.00 5125 Salaries -Accrued Leave $ 2,000.00 $ $ - $ - $ 5140 Salaries - Longevity Pay $ 1,700.00 $ 600.00 $ 925.00 $ 925.00 $ 925.D0 5145 Social Security Expense $ 8,629.16 $ 7,400.00 $ 10,985.92 $ 10,985.92 $ 10,985.92 5150 Medicare Expense $ 2,018.11 $ 1,750.00 $ 2,569.29 $ 2,569.29 $ 2,569.29 5155 SUTA Expense $ 189.00 $ 222.52 $ 828.00 $ 828.00 $ 828.00 5160. Health/Dental Expense $ .13,500.00 $ 10,900.00 $ 12,345.48 $ 12,345.48 $ 12,345.48 5175 Liability (TMQ $ 35,458.00 $ 39,592.00 $ 43,134.50 $ 43,134.50 $ 43,134.50 _ 5180 TMRS Expense $ 3,500.39 $ 3,S53.00 $ 9,077.68 9,077.68 $ 9,077.68 5185 Short/Long Term Disability $ 1,311.00 $ 1,410.69 $ 2,237.53 ; $ 2,237.58 $ 2,237.68 _5190 Contract Labor $ 3,780.00 $ 3,500.00 1 $ 3,540.00 _ S , _ 3,44r.W $_ 3,640.00 5210 Supplies $ 11,4W.00 $ 11,000.00 $`� 11,471.5011,471.50 $ 9,144.00 5230 Dues Schools Subscriptions $ 21,838.00 $ 14,000.00 $ 9,144.00 S 9,1^14.u0 5240 Postage and Delivery $ 3,000.00 $ 2,500.00 $ 1,800.00 $ 1,800.00 $ 1,800.00 5250 Publications $ 7,000.00 $ 7,500.00 $ 7,200.00 $ 7,200.00 $ 7,200.00 5270 Bank Charges $ 500.00 $ 400.00 $ - $ - $ 5280 Printing and Reproduction $ 4,700.00 $ 3,000.00 $ 2,900.00 $ 2,900.00 $ 2,900.00 5290 Miscellaneous Expense $ 4,359.28 $ 4,500.00 $ 6,145.00 $ 6,145.00 $ 6,145.00 5310 Rental Expense $ 14,304.00 $ 18,169.00 $ 18,425.00 $ 18,425.00 $ 18,425.00 5320 Repairs & Mantenance $ 2,500.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 5350 Vehice Expense $ - $ 1,6 76-2 $ - $ $ 5410 Professional Services $ 100,000.00 $ 75,000.00 $ 67,800.00 $ 67,800.00 $ 67,800.00 5430 Legal Fees $ 140,000.00 $ 100,000.00 $ 80,000.00 $ 80,000.00 $ 80,000.00 5460 Election Expense $ 1,354.00 $ 1,327.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 5480 Contracted Services $ 25,974.00 $ 22,000.00 $ 67,674.50 $ 67,674.50 $ 67,674.50 5520 Telephone & Utilities $ 38,000.00 $ 108,000.00 $ 18,539.40 $ 18,539.40 $ 18,539.40 5530 Travel $ 4,500.00 $ 4,500.00 $ 8,928.00 $ 8,928.00 $ 8,928.00 6130 Capital Expenditure $ - $ - $ - $ $ 6140 Capital Expenditure - Equip $ 26,470.00 $ 15,000.00 $ 8,750.00 $ 8,750.00 $ 8,750.00 6160 Capital Expenditure - Vehid $ - $ - $ - $ - $ _ Totals $ 648,664.94 $ 575,038.83 $ 5a3,113.20 $ 583,113.20 $ 583,113.20 Town of Prosper FY 2004-2005 Town Budget Summary of Revenues General Fund (Police) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 4000 Water/Sewer Initiation Fee $ $ $ $ $ 4005 Water/Sewer/Sanitation $ .$ $ - '$ - $ - 4010 Tap/Meter Fees $ $ - $ - $ $ 4015 Impact Fees - Water $ $ $ 4020 Impact Fees - Sewer $$_$ 9$E-1--.._ 4035 3% Construction Insp Fee _>—_._ __ $ � �$ $ 4040 Impact Fees - Tiioroughfar $ $ 5 - y�,~-- ^_ $ - 4045 Park Fees - Dedication $ $ y $ $ . - 4055 Transfer In - Park Fees $ $ $ $ $ 4100 Atty Fees - Taxes $ $ $ $ $ 4105 Property Taxes - Delinquent $ $ $ $ $ 4110 Property Taxes - Current $ $ $ $ $ 4115 Taxes - Penalties $ - $ $ . $ $ - 4120 Sales Tax $ $ $ $ $ - 4140 Franchiss Fee - Electric $ $ $ $ $ 4150 Franchies Fee - Telephone $ $ $ $ - $ 4160 Franchise Fee - Gas $ $ $ $ - $ 4180 Franchise Fee - Other $ $ $ - $ $ 4210 Building Permits $ $ $ - $ $ 4215 Annexation Fees $ $ $ - $ $ 4220 Zoning Fees $ $ $ $ - $ 4225 Plat Fees $ $ $ $ - $ 4230 Other Permits $ 4,075.00 $ 4,075.00 $ 4,075.00 $ 4,075.00 $ 4,075.00 4310 Charges for Services $ - $ $ - $ $ 4425 Collin County Fire Assoc $ - $ $ - $ - $ 4440 Accident Reports $ 88.00 $ 32.00 $ 40.00 $ 40.00 $ 40.00 4510 Grants $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 4530 Contributions $ 17,196.00 $ 14,000.00 $ 14,000.00 $ 14,000.00 $ 14,000.00 4610 Interest Income $ 136.00 $ 120.00 $ 120.00 $ 120.00 $ 120.00 4910 Other Revenue $ - $ - $• - $ - $ - 4915 Escrow $ $ - $ - $ - $ - Totals ls$ 121,495.00 $ 118,227.00 $ 118,235.00 $ 118,235.00 $ 118,235.00 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures General Fund (Police) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 Salaries & Wages $ 284,134.00 $ 284,134.00 $ 349,992.31 $ 329,043.70 $ 329,043.70 5115 Salaries - Overtime $ 10,000.00 $ 10,000.00 $ 28,000.00 $ 28,000.00 $ 28,000.00 5125 Salaries - Accrued Leave $ . $ . $ 10,819.97 $ - $ 5140 Salaries - Longevity Pay $ 2,700.00 $ 2,700.00 $ 5,100.00 $ 5,000.00 $ 5,000.00 5145 Social Security Expense $ 17,616.00 $ 17,616.00 1 $ 22,402.22 $ 22,136.70 1 $ 22,136.70 5150 IMeclicare Expense $ 4,121.00 $ 4,121.00 $ 5,239.23 $ 5,177.13 $ 5,177.13 5155 SUTA Expense $ 1,449.00 $ 1,449.00 $ 1,656.00 $ 1,656.00 $ 1,656.00 5160 Health/Dental Expense $ 31,500.00 $ 31,500.00 ! S _ S 32,921.28 9,(Iriuzo $ 32,921.28 $ 32,921.28 5170 Life $ 6,914.00 $ 6,914.00 ;_ 9,000.00 $ 9,000.00 51A0 �5].05 5190 5205 ,Supplemental lMRS Expense Stcrt/Long Term Disability Contract Labor Contribution Expenses $ 7,146.00 $ 3,811.94 $ - $ 12,500.00 $ 7,146.00 $ 3,811..S4 $ - $ 12,500.00 ;y 19,655.IL ' S — _ 4,8475a a__ _ _ Y12,500Of�S ! >_—_ t$_ • _ _ --j o — 19,4?2.]0 v 4,790.10 _ 12,500.00 4� 19,432.10 $ _ 4,790.10 , _ - $ 12,500.00 5210 Supplies $ 37,500.00 $ 37,500.00 S 39,315.00 $ 39,315.00 $ 39,315.00 5230 Dues Schools Subscriptions $ 9,500.00 $ 9,500.00 $ 10,080.00 $ 10,080.00 $ 10,080.00 5240 Postage and Delivery $ 2,000.00 $ 1,100.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 5250 Publications $ 600.00 $ 600.00 $ 600.00 $ 600.00 $ 600. 00 5270 Bank Charges $ . $ - $ . $ - $ - 5280 Printing and Reproduction $ 500.00 $ $ 1,000.00 $ 1,000.00 $ 1,000.00 5290 Miscellaneous Expense $ - $ - $ 1,500.00 $ 1,250.00 $ 1,250.00 5310 Rental Expense $ . $ $ 2,000.00 $ 2,000.00 $ 2,000.00 5320 Repairs & Mantenance $ 15,275.00 $ 8,500.00 $ 9,500.00 $ 9,500.00 $ 9,500.()0 5350 Vehice Expense $ 20,500.00 $ 23,000.00 $ 50,015.00 $ 50,015.00 $ 50,015.00 5410 Professional Services $ 6,700.00 $ 5,000.00 $ 10,750.00 $ 10,750.00 $ 10,750.00 5430 Legal Fees $ 4,500.00 $ - $ 4,500.00 $ 2,500.00 $ 2,500.00 5440 EMS Expense $ - $ - $ - $ - $ - 5450 Dispatch Expense $ 38,260.00 $ 25,000.00 $ 52,200.00 $ 52,200.00 $ 52,200.00 5460 Election Expense $ - $ - $ - $ - $ - 5470 Trash Collection $ - $ - $ - $ - $ - 5480 Contracted Services $ $ - $ - $ - $ - 5520 Telephone & Utilities $ 8,220.00 $ 3,750.00 $ 12,OD0.00 $ 12,000.00 $ 12,000.00 5530 Travel $ $ - $ 4,000.00 $ 4,000.00 $ 4,000.00 5540 Water Testing $ - $ - $ - $ - $ - 5550 Water Purchases $ $ $ $ $ 5560 Sewer Management Fees $ - $ - $ - $ - $ - 6110 Capital Expenditure $ 8,5D0.00 $ 7,500.00 $ 16,300.00 $ 18,750.00 $ 18,750.00 6140 Capital Expenditure - Equip $ 5,200.00 $ 5,200.00 $ 11,700.00 $ 11,700.00 $ 11,700.00 6160 Capital Expenditure - Vehicle $ 25,440.61 $ 25,440.61 $ 40,940.61 $ 40,940.61 $ 40,940.61 6175 1999 Bond Payment $ - $ - $ - $ - $ - 6180 2001 Bond Payment $ $ $ $ $ 6185 1996 Bond Payment $ $ $ $ $ 6190 1998 Bond Payment $ - $ - $ - $ - $ - 6200 Bond Administrtaive Fees $ $ $ $ $ Totals $ 564,587.55 $ 533,982.55 1 $ 770,544.34 $ 738,257.62 $ 738,257.62 Town of Prosper FY 2004-2005 Town Budget Summary of Revenues General Fund (Fire) Account # Account Description FY 2003-2004 Budgeted. FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 4000 Water/Sewer Initiation Fee $ $ $ $ - $ ' 4005 Water/Sewer/Sanitation $ $ $ $ $ 4010 Tap/Meter Fees $ $ $ - $ ' $ 7 4015 Impact Fees - Water $ $ $ $ $ ' 4020 Impact Fees - Sewer $ $ $ $ $ 4030 Miscellaneous $ $ $ ' ~ 4035 30% Construction Insp Fee $ $ ___ _ _„•__�__ _ _ $ $ - 4040 Impact Fees - Thoroughfare $ $ `- � $ - $ 4045 Park Fees - Dedication $ - $ $ $ 4055 Transfer In - Park Fees $ - $ $ $ $ - 4100 Atty Fees - Taxes $ - $ $ $ $ 7 4105 Property Taxes - Delinquent $ $ $ - $ $ 4110 Property Taxes - Current $ $ $ - $ $ 4115 Taxes - Penalties $ $ $ $ $ 4120 Sales Tax $ $ $ $ $ 4140 Franchiss Fee - Electric $ $ $ $ $ 4150 Franchies Fee - Telephone $ $ $ $ $ 4160 Franchise Fee - Gas $ $ $ $ $ 4180 Franchise Fee - Other $ $ - S $ $ 4210 Building Permits $ $ $ $ $ - 4215 Annexation Fees $ $ $ $ $ 4220 Zoning Fees $ $ $ $ $ 4225 Plat Fees $ $ $ $ $ 4230 Other Permits $ $ $ $ $ 4310 Charges for Services $ 173,706.00 $ 180,000.00 $ 236,612.84 $ 236,612.84 $ 236,612.84 4315 Fire Inspections $ 7,560.00 $ 7,560.00 $ 7,560.00 4410 Fines $ - $ - $ - $ - $ - 4425 Collin County Fire Assoc $ 11,500.00 $ 4,500.00 $ 4,000.00 $ 4,000.00 $ 4,000.00 4440 Accident Reports $ - $ - $ - $ $ - 4510 Grants $ - $ - 4 - $ - $ - 4530 Contributions $ 12,500.00 $ 12,500.00 $ 10,800.00 $ 10,800.00 $ 10,800.00 4610 Interest Income $ - $ $ $ - $ 4910 Other Revenue $ $ $ $ $ 4915 Escrow $ $ $ $ $ Totals $ 197,706.00 $ 197,000.00 $ 258,972.84 $ 258,972.84 $ 258,972.84 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures General Fund (Fire) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 Salaries & Wages $ 268,810.88 $ 268,810.98 $ 489,642.00 $ 272,627.98 $ 272,627.98 5115 Salaries - Overtime $ 60,000.00 $ 60,000.00 $ 75,272.00 $ 75,272.00 $ 75,272.00 5125 Salaries - Accrued Leave $ - $ - $ 7,631.91 $ - $ - 5140 Salaries - Longevity Pay $ 2,700.00 $ 2,700.00 $ 8,450.00 $ 5,625.00 $ 5,625.00 5145 ISocial Security Expense $ 16,914.00 $ 16,914.00 $ 18,305.00 $ 21,569.79 $ 21,569.79 5150 Medicare Expense $ 3,956.00 $ 3,956.00 $ 7,099.81 $ 5,044.56 $ 5,D44.56 5155 SUTA Expense $ 378.00 $ 378.00 $ 2,691.00 $ 1,449.00 $ 1,449.00 5160 Health/Dental Expense $ 27,000.00 $ 27,000.00 1 $ 53,496.12 $ 24,690.96 $ 24,690.96 5170 We Insurance $ 7,566.00 $ 7,566.DO 1 $ 7,566.00 $ _ 7,566.00 $ 7,566.00 5180 TMRS Expense $ 6,902.00 $ 6,902.07 S 2 6,C�,8.'7 17,063.03 $ _ _ $ 17,063.03 _ 5185 Short/Long Tenn Disability $ 2,600.00 _ $ 2,600.00 _ 5 i,569.0u $_ 4,667.43 a 4,667.43 5190 Contract Labor $ 18,000.00 $ 18,00-0.00 _ 5 13, DO.00 $ 20,300.00 $ 20,300.00 5205 Contribution Expenses $ 12,500.00 $ 12,500.00 $ 6,514.00 $ 6,514.00 $ 6,514.00 5210 Supplies $ 40,200.00 $ 38,200.00 $ _ 50,825.00 $ 38,500.00 $ 38,500.00 5230 Dues Schools Subscriptions $ 11,860.00 $ 11,860.00 $ 16,883.00 $ 16,883.00 $ 16,883.00 5240 Postage and Delivery $ - 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 5250 Publications $ - $ - $ - $ - $ - 5270 Bank Charges $ $ $ $ $ 5280 Printing and Reproduction $ - $ - $ - $ - $ " 5290 Miscellaneous Expense $. 13,500.00 $ 4,500.00 $ 32,360.00 $ 32,360.00 $ 32,360.00. 5310 Rental Expense $ - $ $ - $ $ 5320 Repairs & Mantenance $ 14,200.00 $ 8,000.00 $ 13,700.00 $ 13,700.00 $ 13,700.00 5350 Vehice Expense $ 10,5DO.00 $ 10,500.00 $ 10,500.00 $ 10,5DO.00 $ 10,500.00 5410 Professional Services $ 270.00 $ 270.00 $ 16,872.00 $ 13,512.00 $ 13,512.00 5420 Municipal Court/Judge Fees $ - $ - $ - $ - $ - 5425 State Fines Expense $ - $ - $ - $ - $ " 5430 Legal Fees $ - $ - $ - $ $ - 5440 EMS Expense $ 45,500.00 $ 45,500.00 $ 63,008.00 $ 63,008.00 $ 63,OD8.00 5450 Dispatch Expense $ 3,600.00 $ 3,600.00 $ 5,736.00 $ 5,736.00 $ 5,736.00 5460 Election Expense $ ; $ - $ $ 5470 Trash Collection $ $ $ $ $ 5480 Contracted Services $ $ $ $ $ - 5520 Telephone & Utilities $ 10,000.00 $ 10,000.00 $ 18,400.00 $ 18,400.00 $ 18,400.00 5530 Travel $ $ $ - $ - $ 5540 Water Testing $ $ $ $ $ 5550 Water Purchases $ $ $ $ $ 5560 Sewer Management Fees $ $ $ $ $ 6110 Capital Expenditure $ - $ - $ - $ - $ - 6140 Capital Expenditure - Equip $ 14,500.00 $ 14,500.00 $ 156,D40.00 $ 110,000.00 $ 110,000.00 6160 Capital Expenditure - VehiclE $ 124,956.00 $ 124,956.00 $ 225,000.00 $ - $ - 6175 1999 Bond Payment $ - $ - $ - $ - $ " 6180 2001 Bond Payment $ $ $ $ $ 6185 1996 Bond Payment $ - $ - $ - $ - $ - 6190 1998 Bond Payment $ - $ - $ - $ - $ - 6200 Bond Administrtaive Fees $ - $ - $ - $ - $ - 4315 Fire Inspections $ $ $ $ 5,350.00 $ 5,350.00 Totals $ 716,912.88 $ 699,712.88 $ 1,338,709.67 $ 790,838.75 1 $ 790,838.75 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures General Fund (Streets) Account # Account Description F1' 2003-2004 Budgeted FY 2003-2004 Projected IY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 Salaries & Wages $ 48,682.40 $ 46,345.95 $ 53,595.36 $ 52,574.29 $ 52,574.29 5115 Salaries - Overtime $ 4,000.00 $ 4,769.55 $ 5,797.58 $ 5,742.34 $ 5,742.34 5125 Salaries - Accrued Leave $ 578.00 $ 1,123.20 $ 2,061.36 5140 Salaries - Longevity Pay $ 1,100.00 $ 900.00 $ 2,900.00 $ 1,525.00 $ 12525.00 5145 ISocial Security Expense $ 3,208.00 $ 3,336.43 $ 3,682.36 $ 3,615.63 $ 3,615.63 5150 Medicare Expense $ 750.00 $ 780.33 $ 861.19 $ 845.59 $ 845.59 5155 SUTA Expense $ 126.00 $ 376.88 $ 547.34 $ 414.00 $ 414.00 5160 Heab/Dental Expense $ 9,000.00 $ 3,304.32 $ 8,230.32 $ 8,230.32 .$ 8,230.32 5175 (lability (rMQ $ - $ . $ - $ - $ ' 5180 TMRS Expense $ 1,301.00 $ 1,231.56 $ 3,232.46 1 —�$ $ 3,173.88 $ 3,173.9 5185 Short/LongTerm Disability $ 610.00 $ 319.91 $ 782.38 $ 782.38 5190 Contract Labor ; - $ - $ _ - $ $ - 5205 Contribution Expenses $ - $ - $ $ - $ 5210 Supplies $ 7,116.00 $ 7,116.00 $ 6,450.52 $ 6,450.52 $ 6,450.52 5230 Dues Schools Subscriptions $ $ $ $ $ " 5240 Postage and Delivery $ $ $ $ $ 5250 Publications $ $ $ $ $ 5270 Bank Charges $ $ $ $ $ 5280 Printing and Reproduction $ - $ - $ - $ - $ - 5290 Miscellaneous Expense $ - $ - $ - $ - $ - 5310 Rental Expense $ $ - $ $ - $ 5320 Repairs & Mantenance $ 109,593.00 $ 109,593.00 $ 126,500.00 $ 126,500.00 $ 126,500.00 5350 Vehice Expense $ 5,000.00 $ 5,000.00 $ 7,416.33 $ 7,416.33 $ 7,416.33 5410 Professional Services $ - $ $ - $ $ 5420 Municipal Court/Judge Fees $ $ $ $ $ 5425 State Fines Expense $ - $ $ - $ - $ - 5430 Legal Fees $ $ $ $ $ 5440 EMS Expense $ - $ - $ - S - $ - 5450 Dispatch Expense $ $ $ $ $ 5460 Election Expense $ $ $ $ $ 5470 Trash Collection $ - $ - $ - $ - $ - 5480 Contracted Services $ $ $ $ - $ 5520 Telephone & Utilities $ 600.00 $ 1,948.71 $ 3,178.69 $ 24,778.69 $ 24,778.69 5530 Travel $ - $ - $ - $ - $ ' 5540 Water Testing $ - $ - $ - $ - $ - 5550 Water Purchases $ - $ - $ - $ - $ - 5560 Sewer Management Fees $ $ $ $ $ 6110 Capital Expenditure $ - $ 4,233.53 $ 52,488.37 $ 18,902.61 $ 18,902.61 6140 Capital Expenditure - Equip $ $ - $ $ - $ - 6160 Capital Expenditure - Vehid $ $ $ $ $ 6175 1999 Bond Payment $ - $ - $ - $ - $ - 6180 2001 Bond Payment $ $ $ $ $ 6185 1996 Bond Payment $ $ $ $ $ 6190 1998 Bond Payment $ - $ - $ - $ - $ - 6200 Bond Administrtaive Fees $ - $ - $ - $ $ - Totals 1 $ 191,664.40 $ 190,379.37 $ 277,738.70 $ 260,951.58 $ 260,951.58 Town of Prosper FY 2004-2005 Town Budget j Summary of Expenditures General Fund (Parks) Account # Account Description �' 2003-2004 Budgeted FY 2003-2004 Projected FY 20042005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 Salaries & Wages $ $ $ $ $ 5115 Salaries - Overtime $ $ $ $ $ 5125 Salaries - Sick $ $ $ $ $ 5140 Salaries - Longevity Pay $ $ $ $ $ 5145 ISoclal Security Expense $ $ $ $ $ 5150 Medicare Expense $ - $ - $ - $ - $ 5155 SUTA Expense $ $ $ $ $ 5160 Health/Dental Expense $ $ $ $ $ 5175 Liability (7MQ $ $ $ $ - $ ' 5180 TMRS Expense _- $ - $ _ S - - $ - $ - 5185 Short/Long Term Disability $ $ $ $ $ 5190 Contract Labor $ $ $ _ $ $ 5205 Contribution Expenses $ $ $ $ $ 5210 Supplies $ 150.00 $ 150.W $ 450.00 $ 150.00 $ SSO.W 5230 Dues Schools Subscriptions $ - $ $ - $ $ - 5240 Postage and Delivery_ $ SW.W $ 100.00 $ 100.W $ 100.00 $ 100.W" 5290 Publications $ $ - $ $ - $ 5270 Bank Charges $ $ - $ $ $ - 5280 Printing and Reproduction $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 5290 Miscellaneous Expense $ 500.00 $ 500.00 $ 2,000.00 $ 2,000.00 $ 2,000:00 5310 Rental Expense $ - $ - $ - $ $ - 5320 Repairs & Maintenance $ 4,000.00 $ - $ 4,000.00 $ 4,000.W $ 4,000:00 5350 Vehicle Expense $ - $ $ - $ $ 5410 Professional Services. $ 37,000.00 $ - $ 55,000.00 $ - $ - 5420 Municipal Court/]udge Foes $ - $ $ $ $ 542S State Fines Expense $ $ $ $ $ 5430 Legal Fees $ $ $ $ $ 5440 EMS Expense $ - $ - $ - $ $ " 5450 Dispatch Expense $ $ $ $ $ 5460 Election Expense $ $ $ $ $ 5470 Trash Collection $ $ $ $ $ 5480 Contracted Services $ 15,530.00 $ 6,000.W $ 15,530.00 $ 15,530.00 $ 15,530.00 5520 Telephone & Utilities $ - $ - $ - $ - $ - 5530 Travel $ - $ - $ - $ $ ' 5540 Water Testing $ $ $ $ $ 5550 Water Purchases $ - $ - $ - $ $ ' 5560 Sewer Management Fees $ $ $ $ $ 6110 Capital Expenditure $ $ $ $ $ 6140 Capital Expenditure - Equip $ - $ - $ - $ $ ' 6160 Capital Expenditure - Vehici $ - $ - $ - $ - $ - 6175 1999 Bond Payment $ $ $ $ $ 6180 2001 Bond Payment $ - $ - $ - $ - $ - 6185 1996 Bond Payment $ - $ - $ - $ - $ - 6190 1998 Bond Payment $ $ $ $ $ 6200 Bond Administrative Fees. $ $ $ $ $ Totals $ 57,755.00 $ 6,825.00 $ 77,155.00 $ 21,855.00 $ 21,855.00 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures General Fund (Communications) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY2004-200S Proposed FY 2004-2005 Recommended FY 2004-200S Approved 5110 Salaries & Wages 5115 Salaries - Overtime 5125 Salaries - Accrued Leave 5140 Salaries - Longevity Pay 5145 ISGdalSecufiry Expense 5150 Medicare Expense 5155 SUTA Expense 5160 Health/Dental Expose 5175 Liability C MQ _ 5180 TMRS Expense 5185 Short/LongTerm iDisability _ 5190 Contract Labor 1 $ 21,240.00 5210 Supplies $ 1,500.00 $ 675.00 $ 3,250.00 $ 2,250.00 $ 2,250.00 5230 Dues Schools Subscriptions $ 965.00 $ 965.00 $ 965.00 5240 Postage and Delivery $ 3,000.00 $ 2,500.00 $ 2,500.00 5250 Publications $ 501.9s $ 501.95 $ 501.95 5270 Bank Charges 5280 Printing and Reproduction $ _ 2,400.00 $ 1,400.00 $ 4,850.00 $ 4,175.00 $ 4,175.00 5290 Miscellaneous Expense 5310 Rental Expense 5320 Repairs & Maintenance 5350 Vehice Expense 5410 Professional Services $ 500.00 $ 120.00 $ 6,700.00 $ 1,400.00 $ 1,400.00 5430 Legal Fees 5460 Election Expense 5480 Contracted Services 5520 Telephone & Utilities 5530 Travel $ 1,005.00 $ 1,005.00 $ 1,005.00 6110 Capital Expenditure 6140 Capital Expenditure - Equip $ 540.00 $ 540.00 $ 540.00 6160 Capital Expenditure - Vehicle Totalsl 4,400.00 1$ 2,195.00 $ 42,051.95 $ 13,336.95 $ 13,336.95 l0 �+ l0 f. - W - Ln N W F+ - N N N N N N t+ N f+ t+ m m Ln h` ,p �` N �' �-` F'' � Vl In O O fr O O to O C 3,' !!� O O O O In O O O to O In O O O O O O In O fr O to osg�� g=fp�To=a a s a'�fpp a ova a� W�Dj a s a p m g d (D 7 In i", T fD 7 0 X k 7 n n �N_ [=1 �_ (=l M N m N T fD T w ri r) N M N 3 G r�r O N /TD N -n Cr. 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W M iR iA w; iR iA iR iA iA iPr iR iA iA iR ip aN aOp Ln 14 I 1vp N O A CD { O O O 0 O O Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures General Fund (Building Inspections) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 Salaries & Wages $ 39,000.00 $ 40,66531 $ 102,533.81 $ 102,533.81 $ 102,533.81 5115 Salaries - Overtime $ 2,500.00 $ $ 2,743.07 $ 2,743.07 $ 2,743.07 S125 Salaries - Accrued Leave $ - $ $ - $ $ 5140 Salaries - Longevity Pay $ 300.00 $ 550.00 $ 375.00 $ 375.00 $ . 375.00 5145 Soda] Security Expense $ 2,220.00 $ 2,239.92 $ 6,527.16 $ 6,527.16 $ 6,527.16 5150 Medicare Expense $ 519.00 $ 456.30 $ 1,526.S1 $ 1,526.51 $ 1,526.51 5155 SUTA Expense $ 63.00 $ 359.30 $ S17.50 $ 517.50 $ 517.50 60 Health/Dental Expense $ 4,500.00 $ 3,168.75 $ 10,289.00 $ 10,289.00 $ _ 10,289.00 518` 0t-TMRS 5185 IShort/Long Expense Tenn Disability $ 900.00 $ 457.00 $ $ 874.83 348.62 $ $ 5,729.69 1,412.40 $ 1,729.69 $ ; 5,729.69 1,412.40 5196 �rjntrad 5205 Labor Contribution Expenses $ - $ - $ $ - - $ $ 2,000.00 - $ . i.AJ .C4 $ ; 2,000.00 5210 Supplies $ 4,450.00 $ 3,292.60 $ 5,151.00 $ 5,1.51.00 ; 5,151.00 5230 Dues Schools Subscriptions $ 51000.00 $ 1,500.00 $ 5,017.45 $ . 5,017.45 $ 5,017.45 5240 Postage and DelNey $ S00.00 $. 500.00 $ 500.00 $ 500.00 $ 500.'00 5250 Publications $ $ 343.99 $ 100.00 $ 100.00 $ 100M 5270 Bank Charges $ - $ - $ - $ - $ " 5280 Printing and Reproduction $ 500.00 $ $ 3,259.61 $ 3,259.61 $ 3,259.61 5290 Miscellaneous Expense ; S00.00 $ 500.00 $ 1,022.00 $ 1,022.00 $ 1,022.00 5310 Rental Expense - - _$ - $ - $ - $ - $ S320 Repairs & Mantenan ce $ 1,500.00 $ 500.00 $ 1,500.0o $ 1,500.00 $ 1,500.00 5350 Vehice Expense $ 1,500.00 $ 753.88 $ 6,359.92 $ 6,359.92 .$ 6,359.92 5410 Professional Services $ 35.00 $ - $ 1,500.00 $ 1,500.00 $ 1,500.00 .5420 Municipal Courtijudge Fees $ $ $ - $ $ 5425 State Flnes Expense $ - $ - $ $ - $. - 5430 Legal Fees $ 4,750.00 $ 426.36 $ 3,500.00 $ 3,500.00 $ 3,500.00 5440 EMS Expense $ - $ $ $ $ 5450 Dispatch Expense $ $ $ $ $ 5460 Election Expense $ - $ $ $ $ 5470 Trash Collection $ $ $ $ $ 5480 Contracted Services $ - $ $ $ $ 5520 Telephone&.Utilities $ 2,500.00 $ 2,820.92 $ 4,620.92 $ 4,620.92 $ 4,620.92 5530 Travel $ - $ - $ 1,522.28 $ 1,522.28 $ 1,522.28 5540 Water Testing $ $ $ ; $ SSSO Water Purchases $ $ $ $ $ 5560 Sewer Management Fees $ $ $ - $ $ 6110 Capital Expenditure $ - $ - $ 1,925.00 $ 1,925.00 $ 1,925.00 6140 Capital Expenditure -Equip $ SO4.95 $ - $ 3,941.21 $ 3,941.21 $ 3,941.21 6160 Capital Expenditure • Vehicl $ - $ - $ 15,450.00 $ 15,450.00 $ 15,450.00 6175 1999 Bond Payment $ $ $ $ $ 6180 2001 Bond Payment $ - $ - $ $ - $ 6185 1996 Band Payment $ $ $ '$ $ 6190 1998 Bond Payment $ $ $ $ $ 6200 Bond Administrtaive Fees $ - $ - $ - $ - $ Totals'$ 72,19&95. $ 59,300.78 $ 189,023.53 $ 189,023.53 $ 189,023.53 m -C,� ip Lp �� (� � to �� w N N �� N N N OD �� 01 In ��-b,4 �-' O � �" O LJ1 g��CD w W O N ,-` O 8 C In O L+ O W O I+11 O N L, ,"` O ,"' O W O N L N O LJL O O O O ,p O O Ln O tll O N to g Li O O to Cl to RO m D p ?] O v N D W T T T T 7 u --I v v �r`} D —i � w 3 3 o—i �L �L o O LD Q aR yj O LD 7 On Li T LD 10 7 d 7 a 7 7 �' � y (p fD LDD T N Ci N N N 3 N LD (a) 77 ' C rOr O Lryy N O N L_SL/� yL_� LD CD N T (D N LD N :5 = N N T N (�/� (D fb C m 3 LTD 0 O 'O fD Lp x a X _ p vfD 2 N �nD m m m ram* =3 o q � a LD rTo LD LD Cy. �p LD a � � � „ N Lyop� O (; N 0 O Ill l N N N O n O p, O O R. O 9Q tGIT n R (D OT N N YI {A {A 4A dA Vf 4A if, iA iA Vi AA iA iA V, iA iA fA dA if! -LA -bA fA iA iA iA V: -bA dA fA iA iA Vf 4i W N C O LO O m r N O `N o V g O A 0 o g O O iA Li +A aA :A iA Vi +h.Vi i 14 !A iR iA iA iA {R v� o a w N O � Np � O V CA O CV1 o in CR iA +A iA iA iA Ai iA -CA 4A fA -LA 4i iA +A 4A iA LR an v+ iA -CA iA iA .A -VA iA iA iA iA iA v� yao A O t7t w ONJJ LyOp� O O O ,n o O. N O 0 o 0 0 0 O o 0 .W L} L% W Li iA �A 1A dH 1A fA iA -A +A iA iA :A iA dA LY iA Li iA 40 1 TT K 3 a Cft ;N O O 0 O 0 o 0 0 00 - N �o a% oo En O 0 00 0 00 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures General Fund (Planning) AcoouM # Account Description 2003-2004 Budgeted Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended Pr 2004-2005 Approved 5110 Salaries & Wages $ 61,000.00 $ 61,000.00 $ 115,112.00 $ 79,112.00 $ 79,112.00 5115 Salaries - Overtime $ - $ - $ - $ - $ - 5125 Salaries - Accrued Leave $ - $ - $ 4,427.39 $ - $ - 5140 Salaries - Longevity Pay $ 300.00 $ 300.00 $ 475.00 $ 425.00 $ 425.00 5145 ISodal Security Expense $ 3,782.00 $ 3,782.00 $ 7,136.94 $ 4,904.94 $ 4,904.94 5150 Medicare Expense $ 884.50 $ 884.50 $ 1,669.12 $ 1,147.12 $ 1,147.12 5155 IsLTA Expense $ 63.00 $ 207.00 $ 517.50 $ 310.50 $ 310.50 5160 Health/Dental Fxpertse $ 4,500.00 $ 2,419.19 $ 10,287.90 $ 6,172.74 $ 6,172.74 5175 Liability (TML) $ - $ - $ - $ 5180 TMRS Expense $ 1,534.16 $ 1,534.16 $ 6,264.97� -4,=-, !67 $ 4,305.67 5185 Short/Long Term Disability $ 211.00 $ 355.13 $ 1,544.35 $ 1,061.37 5190 Contract Labor $ $ 1,500.00 $ 6,060.M. $ 91u.O $ 910.00 5205 Contribution Expenses $ $ - $ $ _ $ 5210 Supplies $ 3,536.00 $ 3,000.00 $ 1,625.00 $ 1,625.00 $ 1,625.00 5230 Dues Schools Subscriptions $ 1,897.00 $ 1,617.00 $ 2,710.00 $ 2,710.00 $ 2,710.00 5240 Postage and Delivery $ 500.00 $ 74.00 $ 222.00 $ 222.00 $ 222.00 5250 IPublications $ - $ $ - $ $ 5270 Bank Charges $ - $ - $ - $ - $ - 5280 Printing and Reproduction $ 800.00 $ 2,344.16 $ 800.00 $ 800.00 $ 800.00 5290 Miscellaneous Expense $ - $ - $ - $ - $ 5310 Rental Expense $ 4,500.00 $ 9,858.76 $ $ $ 5320 Repalrs & Maintenance $ - $ - $ - $ - $ - 5350 Vehicle Expense $ - $ $ 3,600.00 $ - $ - 5410 Professional Services $ - $ - $ - $ - $ " 5420 Municipal Court/Judge Fees $ - $ - $ - $ - $ 5425 State Fines Expense $ - $ - $ - $ - $ - 5430 Legal Fees $ 4,750.00 $ - $ 20,000.00 $ 20,000.00 $ 20,000.00 5440 EMS Expense $ - $ - $ - $ - $ 5450 Dispatch Expense $ $ $ $ $ 5460 Election Expense $ $ $ $ $ 5470 Trash Collection $ $ $ $ $ 5480 Contracted Services $ $ $ $ $ 5520 Telephone & Utilities $ 2,000.00 $ 3,890.12 $ 3,860.00 $ 3,860.00 $ 3,860.00 5530 Trend $ 1,330.00 $ 1,000.00 $ 1,680.00 $ 1,680.00 $ 1,680.00 5540 Water Testing $ - $ - $ - $ - $ - 5550 Water Purchases $ $ $ $ $ 5560 Sewer Management Fees $ $ $ $ $ 6110 Capital Expenditure $ - $ - $ - $ - $ 6140 ICapital Expenditure - Equip $ $ $ 8,290.00 $ 8,540.00 $ 8,540.00 6160 Capital Expenditure - Vehicle $ - $ - $ - $ - $ - 6175 1999 Bond Payment $ $ - $ - $ - $ - 6180 2001 Bond Payment $ - $ - $ - $ - $ - 6185 1996 Band Payment $ $ $ $ $ 6190 1998 Bond Payment $ - $ - $ $ $ 6200 Band Administrative Fees $ - $ - $ - $ - $ Totals $ 91,587.66 1 $ 93,766.02 1 $ 196,282.17 1 $ 137,786.34 $ 137,786.34 Town of Prosiper FY 2004-2005 Annual Budget - Water and Sewer Fund Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Water and Sewer Fund Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved . Beginning Balance $ 965,576.89 $ 1,154,199.00 $ 911,481.01 $ 911,481.01 $ 911,481.01 4000 Water/Sewer Initiation Fee $ 10,010.00 $ 13,124.48 $ 14,174.44 $ 14,174.44 $ 14,174.44 4005 Water/Sewer/Sanitation $ 1,053,000.00 $ 1,283,700.00 $ 1,386,396.00 1 $ 1,386,396.00 $ 1,386,396.00 4010 Tap/Meter Fees $ 228,200.00 $ 135,789.33 $ 22_7,808.00 $ 227,808.00 $ 227,808.00 4G30 415-0 4610 Mis:e!laneous NSF Fees Interest Income - Subtotal $ $ $ 500.00 15,000.00 1,306,710.00 _ $ T 750.00 $ _ 9,917.00 $ 1,493,605.81 $ SIl0.00 375.00 s 10,8i10.00 1.640,053.14 500.00 375.00 10,800.00 $ $ $ 500.00 375.00 --30,800.00 _ $ 1,640,053.44 $ 1,640,053.44 Totals $ 2,272,286.89 $ 2,647,804.81 $ 2,551,534.45 $. 2,551,534.45 $ -_. 2,551,534.45 Town of Prosper FAY 2004-200S Town Budget Summary of Expenditures Water and Sewer Fund Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 5alarles & Wages $ 103,460.48 $ 94,395.68 $ 153,283.25 $ 153,283.25 $ 153,283.25 5115 Salaries - Overtime $ 5,000.00 $ 3,782.63 $ 8,028.32 $ 8,028.32 $ 8,028.32 5125 Salaries - Accrued Leave $ 829.00 $ 829.00 5140 Salaries - Longevity Pay $ 2,100.00 $ 1,500.00 $ 2,625.00 $ 2,625.00 $ 2,625.00 5145 Social Security Expense $ 6,302.00 $ 6,710.00 $ 10,001.33 $ 10,001.33 $ 10,001.33 5150 IMedicare Expense $ 1,474.00 $ 1,402.39 $ 2,339.02 $ 2,339.02 $ 2,339.02 5155 SUM Expense $ 252.00 $ 828.00 $ 1,035.00 $ 1,035.00 $ 1,035.00 5160 Health/Dental Else $ 18,000.00 $ 18,227.59 $ 20,575.80 $ 20,575.80 $ 20,575.80 5180 TMRS Expense $ 2,572.00 $ 2,531.02 $ 8,779.33 $ _ 8,779.39 $ 8,779.39 5185 ShcrVLong Tenn Disability $ 1,473.00 $ 985.M $ 2,164.16 i $ 2,164.16 $ 2,164.16 5190 Contrail Labor $ 5,000.00 $ 7,680.00 5210 Supplies $ 60,000.00 $ 86,702.16 $ 41,832.15 $ 41,832.15 $ 41,832.15 5230 Dues Schools Subscriptions $ 5,000.00 $ 1,160.00 ¢^_ 2,800.00 $ 2,800.00 $ 2,800.00 5240 Postage and Delivery $ 3,187.00 $ 3,596.75 _ $ 4,500.00 $ 4,500.00 $ 4,500.00 5270 Bank Charges $ 160.00 $ 54.13 $ - $ - $ - 5280 Printing and Reproduction $ 600.00 $ 43.09 $ 650.00 $ 650.00 $ 650.00 5290 Miscellaneous Expense $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 5320 Repairs & Mantenance $ 92,088.00 $ 60,400.00 $ 113,859.61 $ 113,859.61 $ 113,859.61 5350 Vehice Expense $ - $ 5,840.00 $ 8,533.72 $ 8,533.72 $ 8,533.72 S410 Professional Services $ 280,000.00 $ 196,381.00 $ 201,600.00 $ 201,600.00 $ 201,600.00 5430 Legal Fees $ 169,532.00 $ 102,236.16 $ 130,000.00 $ 130,000.00 $ 130,000.00 5470 Trash Collection $ 144,000.00 $ 36,714.43 $ 187,920.00 $ 187,920.00 $ 187,920.00 S480 Contracted Services $ - $ 1,110.66 $ 1,221.73 $ 1,221.73 $ 1,221.73 5520 Telephone & Utilities $ 170,000.00 $ 166,338.45 $ 166,650.00 $ 166,650.00 $ 166,650.00 5530 Travel $ - $ - $ 725.00 $ 725.00 $ 72S.00 5540 Water Testing $ 12,000.00 $ 6,582.35 $ 8,334.27 $ 8,334.27 $ 8,334.27 5550 Water Purchases $ 467,500.00 $ 116,875.00 $ 484,000.00 $ 494,000.00 $ 484,000.00 5560 Sewer Management Fees $ 80,000.00 $ 137,965.00 $ 310,000.00 $ 310,000.00 $ 310,000.00 6110 Capital Expenditure $ - $ 269,901.50 $ 124,125.00 $ 124,125.00 $ 124,125.00 6140 Capital Expenditure - Equip $ 40,000.00 $ 40,000.00 $ 73,700.00 $ 73,700.00 $ 73,700.00 6160 Capital Expenditure -Vehid $ 15,800.00 $ 15,755.00 $ 15,000.00 $ 15,000.00 $ 15,000.00 6175 1999 Bond Payment $ 17,414.52 $ 17,414.52 $ 17,414.52 $ 17,414.52 $ 17,414.52 6180 2001 Bond Payment $ 58,270.49 1 $ 58,270.49 $ 67,592.50 $ 67,592.50 1 $ 67,592.50 Subtotals $ 1,764,014.49 $ 1,4 2i2l2.00 $ 2,171,289.77 $ 2,161,289.77 $ 2,171,289.77 60 Day Reserves $ 286,225.95 ¢ 286,225.00 $ 361,954.00 ; 361,954.00 $ 361,954.00 Totalsl $ 2,050,240.44 $ 1,750,437.00 $ 2,533,243.77 $ 2,533,243.77 $ 2,533,243.77 Toww►i Of rrasrer FY 2004=2005 Annual Budget Economic Development Corporation (EDC) Fund SUMMARY OF REVENUES Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Economic Development Corporation (EDC) Fund Account # Account Description FY 2003-2004 FY 2003-2004 Budgeted Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved Beginning Balance $ 255,000.00 $ 266,000.00 $ 325,000.00 $ 325,000.00 $ 325,000.00 4120 Sales Tax $ 200,000.00 $ 259,426.00 $ 276,331.00 $ 276,331.00 $ 276,331.00 Totals $ 45.5,000.00 $ _ 525,426.00 $ 601,331.00 $ 601,331.00 $ 601,331.3 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures Economic Development Corporation (EDC) Fund Account # Account Description F1' 2003-2004 Budgeted FY 2003-2004. Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5110 Salaries & Wages $ 80,050.00 $ - $ 87,440.00 $ 87,440.00 $ 87,440.00 5115 Salaries - Overtime $ - $ - $ - $ - $ - 5125 Salaries - Accrued leave $ $ $ - $ - $ - 5140 Salaries - Longevity Pay $ $ $ 50.00 $ 50.00 $ 50.00 5145 ISocial Security Expense $ $ $ 4,776.48 $ 4,776.48 $ 4,776.48 5150 Medicare Expense $ - $ - $ 1,117.08 $ 1,117.08 $ 1,117.08 5155 SUM Expense $ - $ - $ 414.00 $ 414.00 $ 414. 00 5160 f 5120 Health/Dental ExW5e. TMRS Expense , $ $ - $ $_ - $ 4,115.16 $ 2,721.25 $ 4,115.16 $ 2,721.25 $ 4,115.16 $ 2,721.25 f H- . Short/Long Tenn Disability $ $ - $ 670.80 $ 670.80 $ 670.90 1 51s0 Contract Labor $ $ $ 910.00 $ 910.00 5 910.00 —5210 Supplies $ 2,000.00 $ - $ 2,198.74 $ 2,198.74 $ 2,198.74 5230 Dues Schools Subscriptions $ 1,250.00 $ $ 1,200.00 $ 1,200.00 $ 1,200.00 5240 Postage and Delivery $ 2,570.00 $ $ 2,000.00 $ 2,000.00 $ 2,000.00 5250 Publications $ $ $ 4,085.00 $ 4,085.00 $ 4,085.00 5280 Printing and Reproduction $ 1,500.00 $ $ 5,500.00 $ 5,500.00 $ 5,500.00 5290 Miscellaneous Expense $ 13,550.00 $ $ 13,390.00 $ 13,390.00 $ 13,390.00 5310 Rental Expense $ 6,427.00 $ $ $ - $ 5320 Repair ,& Mantenance $ 1,200.00 $ $ 1,200.00 $ 1,200.00 $ 1,200.00 5410 Professional Services $ 63,200.00 $ $ 48,840.00 $ 48,840.00 $ 48,840.00 5430 Legal Fees. $ 10,500.00 $ $ 40,000.00 $ 40,000.00 $ 40,000.00 5480 Contracted Services $ 10,000.00 $ $ - $ - $ 5520 Telephone & Utilities $ 6,990.00 $ $ 3,900.00 $ 3,900.00 $ 3,900.00 5530 Travel $ 750.00 $ - $ 2,075.00 $ 2,075.D0 $ 2,075.00 6140 Capital Expenditures - Equip $ - $ - $ 5,250.00 $ 5,250.00 $ 5,250.00 Totalsi ; 199,987.00 1 ; - ; 231,853.51 1 ; 231,853.51 1 ; - 231,853.51 Town Of Prosper FY 2004=2005 Annual Budget Capital Projects Fund Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Capital Projects Fund Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 FY 2004-2005 Projected Proposed FY 2004-2005 Recommended FY 2004-2005 Approved Beginning Balance $ 10,500,000.00 $ 10,500,000.00 $ 10,147,175.00 $ 10,147,175.00 $ 10,147,175.00 4610 Interest Income $ 57,175.00 $ 57,175.00 $ 140,000.00 $ 140,000.00 $ 140,000.00 Totals $ 10,557,175.00 $ 10,557,175.00 $ 10,287,175.00 $ 10,287,175.00 $ 10,287,175.00 Town of Prosper FY 2004-2005 Town Budget Summary of Expenditures Capital Projects Fund Account # Account Description 2003-2004 Budgeted Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5410 Professional Ser0ces $ $ - $ 97,300.00 $ 97,300.00 $ 97,300.00 6110 Capital Fxpendioue $ $ 400,000.00 $ 6,497,000.00 $ 6,497,000.00 $ 6,497,000.00 Transfer of Interest Income $ $ - $ 140,000.00 $ 140,000.00 $ 140,000.00 Totals $ $ 400,000.00 $ 6,594,300.00 $ 6,594,300.00 $ 6,594,300.00 r Tow►i Of rrosper FY 2004=2005 Annual Budget Special Revenues Fund Town of Prosper FY 2004-200S Town Budget Summary of Revenues Special Revenues Fund (State Fines) Account# Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 4410 Fines $ 102,300.00 $ 98,000.00 $ 55,000.00 $ 105,000.00 $ 105,000.00 4610 Interest Income $ 136.00 $ 136.00 $ 150.00 $ 150.00 $ 150.00 Totals $ 102,436.00 $ 98,136.00 $ 55,150.00 $ 105,150.00 $ 105,150.00 Town of Prosper 11 FY 2004-2005 Town Budgft Summary of Expenditures Special Revenues Fund (State Fines) 2003-2004 FY 2003-2004 FY 2004-2005 FY 2004-2005 FY 2004-2005 Account it Account Description Budgeted Budgeted Projected Proposed Recommended Approved 5310 Rental Expense $ - $ - $ 9,000.00 $ 9,000.00 $ 9,000.00 5420 Municipal CourgJudge Fees $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 9,500.00 $ 9,500.00 5425 State Fines Expense $ 19,760.00 $ 38,150.00 $ 66,000.00 $ 66,000.00 $ 66,000.00 Totals $ 25,760.00 $ 44,150.00 $ 84,500.00 $ 84,500.00 $ 84,500.00 Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Special Revenues Fund (Park Dedication Fees) FY 2003-2004 FY 2003-2004 FY 2004-2005 FY 2004-2005 FY 2004-2005 Account # Account Description Budgeted Projected Proposed Recommended Approved Beginning Balance $ $ - $ 16,473.00 $ 16,473.00 $ 16,473.00 4045 Park Fees - Dedication $ 48,595.00 $ 16,473900 $ 232,043.00 $ 232,043.00 $ 232,043.00 4610 Interest Income Totalsj $ $ - 48,595.00 $ 1 $ 16,473.00 $ 1 $ 248,516.00 $ $ 248,516.00 $ 1 $ 248,516.00 Town of Prosper FY 2004-2005 Tovrn Budget Summary of Expenditures Special Revenues Fund (Park Dedication Fees) Account Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 20042005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5410 Professional Services $ $ $ 55,000.00 $ 55,000.09 $ 55,000.00 6110 Capital Expenditure $ $ $ $ - $ - Totals $ - $ $ 55,000.00 $ 55,000.00 $ 55,000.00 Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Special Revenues Fund (Park Improvement Fees) FY 2003-2004 FY 2003-2004 FY 2004-2005 FY 2004-2005 FY 2004-2005 Account # Accoun t Destri n Budgeted Projected Proposed Recommended Approved Beginning Balance $ $ $ 5,000.00 $ 5,000.00 $ 5,000.00 Park Fees - Improvements $ $ 5,000.00 $ 363,000.00 $ 363,000.00 $ 363,000.00 4610 Interest Income Totals $ $ - $ $ 5,000.00 $ $ 368,000.00 $ 1 $ 368,000.00 $ $ . 368,000.00 Town of Prosper FY 2004-200P Town Budget Summary of Expenditures Special Revenues Fund (Park Improvement Fees) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5410 Professional Services $ $ $ $ $ 6110 Capital Expenditure $ $ $ $ $ Totals $ - $ $ $ $ - Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Special Revenues Fund (Sewer Impact Fees) FY 2003-2004 FY 2003-2004 FY 2004-2005 FY 2004-2005 FY 2004-2005 Account # Account Description Budgeted Projected Proposed Recommended Approved Beginning Balance $ $ - $ 150,666.00 $ 150,666.00 $ 150,666.00 4020 Impact Fees - Sewer $ A62,564.00 $ 150,666.00 $ 114,080.00 $ 114,080.00 $ 114,080.00 4610 Interest Income Totalsl $ $ 162,564.00 $ $ 150,666.00 $ $ 264,746.00 $ 1 $ 264,746.00 $ 1 $ . 264,746.00 Town of Prosper FY 2004-T 05 Town Budget Summary of Expenditures Special Revenues Fund (Sewer Impact Fees) Account # Account Description 2003-2004 Budgeted Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5410 Professional Services $ $ $ 10,000.00 $ 10,000.00 $ 10,000.00 6110 Capftal Upenditure $ - $ - $ 171,313.75 $ 171,313.75 $ 171,313.75 Totals $ - ; - $ 181,313.75 $ 181,313.75 $ 161,313.75 Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Special Revenues Fund (Thoroughfare Impact Fees) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved Beginning Balance $ - $ - $ 25,000.00 $ 25,000.00 $ 25,000.00 4040 Impact Fees - Thoroughfare $ 82,390.00 $, 255,000.00 $ 134,240.00 $ 134,240.00 $ 134,240.00 4610 Interest Income $ - $ - $ - $ $ Totaisl $ 82,390.00 1 $ 255,000.00 $ 159,240.00 $ 159,240.00 $ 159,240.00 Town of Prosper FY 200f -2005 Town Budget Summary of Expenditures Special Revenues Fund (Thoroughfare Impact Fees) Account # . Account Description P. FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved 5410 Professional Services $ $ $ 10,000.00 $ 10,000.00 $ 10,000.00 6110 Capital Expenditure $ $ $ $ $ ' Totals $ $ $ 10,000.00 $ 10,000.00 $ 10,000.00 Town of Prosper FY 2004-2005 Town Budget Summary of Revenues Special Revenues Fund (Water Impact Fees) Account # Account Description FY 2003-2004 Budgeted FY 2003-2004 Projected FY 2004-2005 Proposed FY 2004-2005 Recommended FY 2004-2005 Approved Beginning Balance $ - $ $ 189,957.00 $ 189,957.00 $ 189,957.00 4015 Impact Fees - Water $ 234,108.00 $ 189,957.00 $ 132,160.00 $ 132,160.00 $ 132,160.00 4610 Interest Income $ $ $ Totals $ 234,108.00 $ 189,957.00 1 $ 322,117.00 $ 322,117.00 $ 322,117.00 Town�of Prosper FY 2004-20�05 Town Budget Summary of Expenditures Special Revenues Fund (Water Impact Fees) Account # Account Description FY 2003-2004 FY 2003-2004 FY 2004-2005 FY 2004-2005 FY 2004-2005 Budgeted Projected Proposed Recommended Approved 5410 Professional Services $ ; $ 10,000.00 $ 30,000.00 ; 10,000.00 6110 Capital Expenditure $ $ S $ Totals ; ; ; 10,000.00- $ 10,000.00 $ $ 10,000.00 AFFIDAVIT OF PUBLICATION STATE OF TEXAS COUNTY OF DALLAS Before me, a Notary Public in and for Dallas County, this day personally appeared Lynda Black, Legal Advertising Representative for the DALLAS MORNING NEWS being duly sworn by oath, states the attached advertisement of: Town Of Prosper as published in THE DALLAS MORNING NEWS — COLLIN COUNTY EDITION on: TOWN OF PROSPER; TEXAS NOTICE .OF PUBLIC- HEARING Notice is hereby given that a public hearing will Texas inferested'citizens ana property owners are hereby. notified .of_.their heard on the mattertl be Lu Sworn to and subscribed before me this August 13, 2004 ✓ (Lynda Black) August 13, 2004, A.D J, (Lisa Battenfielor 0-1 AFFIDAVIT OF PUBLICATION STATE OF TEXAS COUNTY OF DALLAS 4: Legal Notices . fd8 ' V .: TOWN OF PROSPER, TEXAS 1 AN ORDINANCE NO.04-0 ' ORDINANCE OF THE . PER, A TOWN-OF,PROS- TEXAS::ADOP.TING -BUDG.E:T,AND: qI P- PROPR-IAT41N.G I S'OU'RC.ES,P'OR=T.HE RE - p TOWN,.OF�'PROSPER, g TEXAS{EOR• -T.HE;' FIS-', 9 CAL ,YEAR-BUD.GE-T BEGINNING`OCTOBER 1, SEMBE 2004 1A1N'D- E;N D I:N'G ` R ;30:. 2005; PROVIDIN'G'kFOR.R'E- PEALING I AND' CLAUSES aFOR SQ+VINGS SEVERABJLITY PROVICING AN EFFECTIVE ood NANCE; AND IPROVIID- ble ING FOR THE PUBLI- eTs. CATION OF THE CAP - me TION HEREOF. Before me, a Notary Public in and for Dallas County, this day personally appeared Bill Rutledge, Telephone Sales Representative for the DALLAS MORNING NEWS being duly sworn by oath, states the attached advertisement of: TOWN OF PROSPER -Ordinances 04-87, 88, 89 & 90 as published in THE COLLIN COUNTY MORNING NEWS on: SEPTEMBER 9 & 10, 2004 ' 94_� �_ - (Bill Rutledge) Sworn to and subscribed before me this SEPTEMBER 10, 2004 A.D. .A