20150824pptcombined
Budget Theme:
CIP – Recently Completed
3
CIP – Completion: Next 4 Years
4
CIP – Completion: Next 5 -10 Years
5
Historical & Projected Population
Source: Census and North Central Texas Council of Governments through
2015; future estimates from the Town of Prosper.
2,097 4,100
9,423
15,970
26,523
40,063
56,185
71,019
76,127
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
2000 2005
2010
2015
2020
2025
2030
2035
2040
6
323
1560 1583
1135
981
115
559
1285
1056
949
0
200
400
600
800
1000
1200
1400
1600
1800
2011 2012 2013 2014 2015 (Present)
Single Family Lots shown on Preliminary
Plats
Single Family Lots shown on Final Plats
Updated 08/05/2015
Single Family Lots Approved by the Planning & Zoning Commission
7
1st Quarter 2nd Quarter July 3rd Quarter 4th Quarter TOTAL
SF Residential Permits 2015 143 205 54 402
SF Residential Permits 2014 119 88 64 161 192 560
SF Residential Permits 2013 89 134 24 155 108 486
SF Residential Permits 2012 93 145 41 118 105 461
SF Residential Permits 2011 85 102 65 97 89 373
560
373
486
461
0
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 Number of Permits 2015
2014
2013
2012
2011
402
Single Family Residential Permits Issued Annually 2011 – Present
8
New Residential Construction Expanded Tax Base & More Population
More Population Increased Demand for Services, Programs,
Facilities & Infrastructure
Increased Demand More Staff, Equipment & Capital Projects
More Capital Projects More Capital Debt
More Capital Debt Increased Annual Debt Service
Increased Debt Service Less Revenue for O&M (Services, Programs,
Staff & Equipment)
Less Revenue for O&M More Property Tax Revenue Required to
Support Expanded Tax Base
High Growth Dynamic
9
No Tax Rate Increase
No Water or Sewer Rate Increase
No Solid Waste Rate Increase
No Storm Drainage Fee Increase
Minimal Other Fee Increases
10
Proposed FY 2015-2016 Budget Includes
•Consultant study recommended 7.9% water
and 5.4% sewer rate increases in FY 2015
Proposed FY 2015-2016 Budget Includes
11
•Increases averted because of drought
response and internal savings
Public Safety
Streets
Parks
12
Proposed FY 2015-2016 Budget Focus
Budget Components
13
Base Budget—example: electricity, existing personnel costs.
Total: $28,540,939
Non-Discretionary Supplemental Request (“must do”) —
examples: external increase in software maintenance fees,
changes from state law.
Total: $1,361,130
Discretionary Supplemental Request (“must do” and “should
do”) — examples: new positions or vehicles, park or public
works projects.
Total: $3,434,074
Cut Supplemental Request (“should do” and “nice to do”)
Total: $3,672,364
All Funds
Consolidated Fund Summaries
15
FUND
ACTUAL
BUDGET
2013-2014
AMENDED
BUDGET
2014-2015
ESTIMATED
BUDGET
2014-2015
PROPOSED
BUDGET
2015-2016
GENERAL REVENUES 12,828,898 14,686,034 15,063,576 17,632,303
EXPENDITURES 12,317,247 15,013,900 14,002,231 17,542,467
511,651 (327,866)1,061,345 89,836
WATER / SEWER REVENUES 8,971,879 10,295,293 9,854,707 11,725,235
EXPENDITURES 10,888,062 10,424,679 10,285,644 12,073,146
(1,916,183) (129,386) (430,937) (347,911)
DEBT SERVICE (I&S)REVENUES 3,164,677 2,955,065 3,176,000 3,418,269
EXPENDITURES 2,964,315 2,870,065 2,867,065 3,405,040
200,362 85,000 308,935 13,229
CAPITAL PROJECTS (75)REVENUES 1,865,388 20,848,500 19,024,390 17,824,390
EXPENDITURES 3,132,569 28,407,055 13,375,555 22,621,000
(1,267,181) (7,558,555)5,648,835 (4,796,610)
ACCOUNT TYPE
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
Consolidated Fund Summaries Cont’d
16
FUND
ACTUAL
BUDGET
2013-2014
AMENDED
BUDGET
2014-2015
ESTIMATED
BUDGET
2014-2015
PROPOSED
BUDGET
2015-2016
CAPITAL PROJECTS (76)REVENUES 7,193,806 404,581 191,021 12,285,000
EXPENDITURES - 2,382,500 922,300 10,505,000
7,193,806 (1,977,919) (731,279)1,780,000
PARKS REVENUES 1,029,875 502,000 507,300 207,300
EXPENDITURES 135,505 214,000 214,990 965,000
894,370 288,000 292,310 (757,700)
IMPACT FEES REVENUES 3,842,328 3,974,150 5,457,050 6,444,500
EXPENDITURES 427,768 2,968,487 4,193,655 15,152,086
3,414,560 1,005,663 1,263,395 (8,707,586)
INTERNAL SERVICE REVENUES 30,099 44,650 21,440 25,640
EXPENDITURES 21,756 30,000 20,000 40,000
8,343 14,650 1,440 (14,360)
ACCOUNT TYPE
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
Consolidated Fund Summaries Cont’d
17
FUND
ACTUAL
BUDGET
2013-2014
AMENDED
BUDGET
2014-2015
ESTIMATED
BUDGET
2014-2015
PROPOSED
BUDGET
2015-2016
SPECIAL REVENUE REVENUES 409,897 50,380 739,918 62,100
EXPENDITURES 218,820 95,133 70,375 100,000
191,077 (44,753)669,543 (37,900)
STORM DRAINAGE REVENUES 249,583 272,000 272,500 316,100
EXPENDITURES 228,320 306,195 260,738 315,780
21,263 (34,195)11,762 320
VERF REVENUES 800,000 1,336,195 536,195 550,781
EXPENDITURES - 797,010 399,479 1,068,606
800,000 539,185 136,716 (517,825)NET REVENUES OVER (UNDER) EXPENDITURES
ACCOUNT TYPE
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
General Fund
General Fund Revenues by Source
19
Revenue Category FY 2016 Proposed % of Total
Property Tax 8,447,169 47.9%
License, Fees & Permits 3,181,600 18.0%
Sales Tax 3,436,640 19.5%
Interfund Transfers In 1,091,166 6.2%
Franchise Fees 719,700 4.1%
Fines & Warrants 300,000 1.7%
Charges for Services 270,883 1.5%
Investment Income 42,000 0.2%
Grants 22,335 0.1%
Miscellaneous 37,310 0.2%
Park Fees 83,500 0.5%
Revenue Total $17,632,303 100.0%
General Fund Dept. Appropriations
20
Department FY 2016 Proposed % of Total
Fire Dept $3,860,189 22.0%
Police Dept $2,359,961 13.5%
Administration $2,276,425 13.0%
Parks $1,885,598 10.7%
Dispatch $785,058 4.5%
Inspections $1,443,057 8.2%
Streets $2,013,514 11.5%
Planning $526,055 3.0%
Municipal Court $276,866 1.6%
Code Compliance $162,274 0.9%
Engineering $791,593 4.5%
Fire Marshal $172,073 1.0%
Public Library $197,460 1.1%
Non-Departmental $792,344 4.5%
Expense Total $17,542,467 100.0%
Proposed Positions
21
DEPARTMENT POSITIONS FTEs
Information Technology (IT) I.T. Director 1.0
I.T. Technician 1.0
Town Secretary’s Office Administrative Assistant .5
Social Media Specialist .5
Human Resources Administrative Assistant 1.0
Police Police Officers 2.0
Administrative Assistant 1.0
Dispatch Dispatchers 1.5
Fire Administrative Assistant 1.0
Fire Fighters / Paramedics 6.0
Streets Crew Leader 1.0
Library Library Director .5
Parks Park Planner 1.0
Chemical Technician 1.0
Maintenance Worker 1.0
Inspections Building Inspector II 1.0
Engineering Engineer-in-Training 1.0
TOTAL GENERAL FUND POSTIONS 22
Water Utility Worker 1.0
Utility Billing Utility Billing Clerk .5
TOTAL ENTERPRISE FUND POSTIONS 1.5
Major Program Enhancements
22
The major Program Enhancement and Capital Expenditures included in the proposed
appropriations and planned for FY 2015-2016 by Department
Public Works / Streets:
Prosper Road Improvement – Fishtrap $820,000
Repair Prosper Trail $272,400
Repair Dallas North Tollway $309,980
Police:
Two Full-Time Police Officers $111,502
Additional Full-Time Dispatch Positions $ 66,187
One Mobile License Plate Reader $ 32,000
Fire:
Six FF/Paramedics $159,063
Driver and Lieutenant Promotions $ 72,907
Property Taxes
2015 Valuations Overview
Certified Total Taxable (after freeze loss) Increased 21.5%
○Collin County Value $324,950,461
○Denton County Value $ 51,105,739
○Total Value $376,056,200
Existing Taxable Values Increased 20.2%
○+ 18.3% in Collin County
○+ 73.1% in Denton County
New Construction Totaled $ 192,819,652
○Collin County $174,589,016
○Denton County $ 18,230,636
24
Average Single-Family Home Value
25
Source: Collin CAD and Denton CAD Certified Totals 2006-2015
$278,468
$315,308
$342,977 $344,458 $333,084
$324,387 $321,662
$351,317 $378,651
$423,062
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Ad Valorem Taxes
26
Source: Collin CAD and Denton CAD Certified Totals 2015
2015
Freeze Adjusted Taxable Value $2,129,311,118
$0.52
Times Total Tax Rate per $100 $11,072,418
Times Anticipated Collection Rate 100%
Plus Actual Tax from Freeze $775,742
Total Tax Levy $11,848,160
One Penny on the Tax Rate Yields $212,931
Property Tax Rate History
27
0.0 0.1 0.2 0.3 0.4 0.5 0.6
General Fund I & S Fund
Fiscal Year General Fund I & S Fund Total
2010-11 0.334742 0.185258 0.520000
2011-12 0.316937 0.203063 0.520000
2012-13 0.316914 0.203086 0.520000
2013-14 0.326191 0.193809 0.520000
2014-15 0.356301 0.163699 0.520000
2015-16 0.361074 0.158926 0.520000
As Proposed
Property Tax Rate Comparison I
(2014 Tax Rates)
28
Source: Collin and Denton Central Appraisal Districts.
0.000
0.100
0.200
0.300
0.400
0.500
0.600
0.700
0.800
0.900
1.000 Cents per $100
Property Tax Rate Comparison II
29
Source: Collin and Denton Central Appraisal Districts.
PISD
$1.67
Town of Prosper
$0.52
Collin County
$0.24
Collin College
$0.08
Average Home Owner
2015 Average Homestead Taxable Value = $ 423,062
Average Prosper Resident Total Tax Bill – Collin County
30
Note: Average Taxes are computed using 2014 tax rates for all agencies. Excludes possible exemptions
with each entity for simplicity.
Taxing Jurisdiction
Tax Rate per
$100 Tax Levy
Prosper ISD $1.670000 $7,065
Town of Prosper $0.520000 $2,200
Collin County $0.235000 $994
Collin College $0.081960 $347
Totals $2.506960 $10,606
Adopted vs. Effective Tax Rate History
31
2009 2010 2011 2012 2013 2014 2015
ETR $0.5235 $0.5270 $0.5211 $0.5183 $0.4912 $0.4682 $0.4806
Adopted Rate $0.5200 $0.5200 $0.5200 $0.5200 $0.5200 $0.5200 $0.5200
$0.0000
$0.1000
$0.2000
$0.3000
$0.4000
$0.5000
$0.6000
Property Tax Rate Scenarios
2015 Average Homestead Taxable Value = $423,062
Tax Rate Scenarios – Homeowner Impact
Current & Proposed Rate $0.520000 - $2,200
Effective Rate $0.480591 - $2,033
Rollback Rate $0.524487- $2,219
Tax Rate Scenarios – Municipal Impact
Current & Proposed Rate $0.520000 - $11,072,418
Effective Rate $0.480591 – ($839,140) LOSS
Rollback Rate $0.524487 – $95,542 GAIN
32
Water/Sewer Fund
Water/Sewer Fund Revenues by Source
34
Revenue Category FY 2016 Proposed % of Total
Water Charges $6,381,735 54.4%
Sewer Charges $2,942,000 25.1%
Solid Waste Charges $1,086,400 9.3%
Tap & Construction $998,000 8.5%
Penalties $1,000 0.0%
Investment Income $70,000 0.6%
License, Fees & Permits $33,500 0.3%
Miscellaneous $212,600 1.8%
Revenue Total $11,725,235 100.0%
Water/Sewer Fund Dept. Appropriations
35
Department FY 2016 Proposed % of Total
Water $ 4,322,273 35.8%
Sewer $ 2,141,808 17.7%
Utility Billing $ 1,357,931 11.2%
Non-Departmental $ 4,251,134 35.2%
Expense Total $ 12,073,146 100.0%
Long-Term Issues
and Key Dates
Long-Term Issues
Compensation
Facility Planning
Vehicle and Equipment Replacement Program
37
Compensation
38
Goal – to attain a pay plan comparable to the
market that helps attract and retain employees
Facilities Planning
39
Town employees are spread among eight locations,
including two temporary buildings
Windsong Ranch fire station needed to serve west side
Town Hall design in progress
Efficiencies and improved customer service will result
from well-planned Town Hall and other facilities
Vehicle/Equipment Replacement Fund (VERF)
Motorized Vehicles
Non-Vehicle Equipment
Computer Equipment
40
VERF Overview
Common to many municipalities and commercial
companies
Vehicle and equipment expected life in years and
purchase price drive annual contributions into
separate replacement fund
Vehicle and equipment are disposed of when
useful life is reached and replacements are
purchased from fund
41
VERF Replacement Schedule
42
Department Model
Year
Auto
Make Auto Model Classification Estimated
Life (Yrs)
Estimated
Cost
Police 2007 Dodge Charger Sedan, Full-Size (Pursuit Rated) 4 $ 40,202.00
Police-COP Vehicle 2008 Ford Expedition SUV (Field) 8 *
Police-Sgt Golden 2008 Ford LTD Crown Vic Sedan, Full-Size (Pursuit Rated) 4 *
Police-Sgt Norris 2010 Ford Crown Victoria Sedan, Full-Size (Pursuit Rated) 4 $ 40,202.00
Police-Class Car 2010 Ford Crown Victoria Sedan, Full-Size (Pursuit Rated) 4 $ 40,202.00
Police-Patrol 2011 Chevrolet Tahoe Truck, Sport-Utility 4 *
Fire 1997 Pierce 4900 Fire Engine Fire Truck-Pumper 15 $800,000.00
Parks & Recreation 2006 Chevrolet Silverado Truck, Pick-Up - Field 8 *
Building Inspections 2005 Ford F150 1/2T Truck, Pick-Up - Field 8 $ 20,000.00
Building Inspections 2005 Chevrolet Silverado Truck, Pick-Up - Field 8 $ 20,000.00
Building Inspections 2006 Ford F150 1/2T Truck, Pick-Up - Field 8 $ 20,000.00
Building Inspections 2006 Ford F150 1/2T Truck, Pick-Up - Field 8 $ 20,000.00
Public Works--Water 2006 Ford F250 3/4T Truck, Pick-Up - Field 8 *
Public Works--Wastewater 2006 Ford F250 3/4T Truck, Pick-Up - Field 8 *
Public Works--Water 2006 Target Saw, Concrete 7 $ 10,000.00
Public Works--Wastewater 2007 Aries Camera, Wastewater Sewer 5 $ 10,000.00
TOTAL VEHICLES
10-20 Police Department $ 120,606.00
10-30 Fire Department $ 800,000.00
10-80 Building Inspections $ 80,000.00
$1,000,606.00
TOTAL EQUIPMENT
20-50 Public Works - Water $ 10,000.00
20-55 Public Works - Wastewater $ 10,000.00
$ 20,000.00
TOTAL VERF $1,020,606.00
Capital Improvement Projects
44
CIP Projects
STREETS
Church Street (First - PISD) 850,000
Custer Road Turn Lanes @ Prosper Trail 100,000
Downtown Enhancements (Broadway - Main) 490,000
First Street (Townlake - Custer) 420,000
Fishtrap Road (Artesia - Dallas Parkway) 820,000
Frontier Parkway (BNSF Overpass) 3,650,000
Impact Fee Study (Roadway) 35,000
Old Town Streets 2015 (Broadway, Fifth, McKinley) 1,044,000
Prosper Trail (Kroger) 1,090,000
West Prosper Road Improvements 12,531,000
21,030,000
45
CIP Projects Cont’d
PARKS
Frontier Park North 850,000
Preston Lakes Playground 90,000
940,000
FACILITIES
Town Hall - Professional Services 1,300,000
Town Hall - Construction 10,000,000
Town Hall - Offsite Infrastructure 1,275,000
Windsong Ranch Fire Station 204,000
Windsong Ranch Fire Station - Apparatus 1,078,000
13,857,000
46
CIP Projects Cont’d
WATER
BNSF Railroad PRV's 532,200
Impact Fee Study (Water) 35,000
Lower Pressure Plane Pump Station and Transmission Line
1,655,000
Prosper Trail EST 4,403,300
6,625,500
WASTEWATER
Impact Fee Study (Wastewater) 35,000
La Cima #2 Inceptor (Coit - First) 465,000
Matthew Southwest Wastewater Improvements 2,500,000
Public Works Interceptor 800,000
3,800,000
47
CIP Cont’d
DRAINAGE
Amberwood Farms 32,000
Coleman Street Channel Improvements 17,500
Old Town Drainage - Church & Parvin Drainage Improvements 500,000
Old Town Drainage - McKinley & Broadway Trunk Main 600,000
Old Town Regional Detention - Land Acquisition 1,500,000
2,649,500
Total All CIP Projects 48,902,000
CIP Analysis
48
CIP Analysis Cont’d
49
CIP Analysis Cont’d
50
CIP Analysis Cont’d
51
Key Dates in Budget Process
September 8
September 22
October 1
52
2nd Public Hearing on Budget
2nd Public Hearing on Tax Rate
Council adopts the FY 2015-2016 Budget
Council sets the 2015 Tax Rate
Fiscal Year 2015-2016 begins
Thank You!
Questions?
Town of Prosper
Town Council Work Session
August 24, 2015
“a place where everyone matters”
1.Alternating Single Family Plan
Elevations (Anti-Monotony)
•A minimum of four (4) distinctly different home elevations shall be built on the same
side of the street.
•Similar elevations shall not face each other.
•The same elevation shall not be within three homes of each other on the same
side of the street.
o Different roof forms/profiles
o Different façades consisting of different window and door style and
placement
o Different entry treatment such as porches and columns
o Different number of stories
2.Masonry Construction for Single Family
Facades Facing a Street
Excluding windows,
any portion of an
upper story facing a
street shall be
constructed of 100%
masonry
.
•The cumulative area of any driveway plus any
impermeable surface area located between the front
property line and any front building wall shall not
exceed fifty (50) percent of the area between the
front property line and any front building wall.
•The front wall of a j-swing wall can be used to meet
the requirement.
Area excluded
from
calculation
•A minimum of two (2), four (4) caliper inch trees shall be planted
in the side yard of a corner lot.
•Where more than two (2) trees are required per lot, the side yard
corner lot trees may be used to meet the requirement.
•Street trees planted adjacent to the side yard of a corner may also
be used to meet the requirement.
•In no instance shall a garage door directly facing a street be less than 25 feet from the property line.
•Garage doors directly facing a street shall not occupy more than fifty percent (50%) of the width of the front façade of the house.
•Garage doors directly facing a street shall be located a minimum of five (5) feet behind the main front façade of the house. (Recommend Delete)
•Where a home has three (3) or more garage/enclosed parking spaces, no more than two (2) garage doors shall face the street, unless the garage doors are located behind the main structure.
•Stamp and stain/patterned concrete, shall be dust-on color
application to wet concrete.
•Acid-etched colored concrete for the field with scored colored
borders, shall use dust-on color application to wet concrete.
•Colored concrete with scored smooth border, shall use dust-on
color application to wet concrete.
•Brick or interlocking pavers or pave stone.
•The exterior of chimneys shall be 100% clay
fired brick, natural or manufactured stone or
stucco.
•The support structures of a carport shall be of the same
material as the main structure. The roof shall have a
minimum roof pitch of 6:12 and be of similar material
as the main structure.
•Wooden fences shall be board-on-board with a
top rail.
•Fences adjacent to open space and hike and
bike trails shall be ornamental metal, tubular
steel or split rail.
•Fences on corner lots shall be ornamental metal. Existing wood fences
may be replaced with a wood fence in accordance with the standards
for wood fences as they exist or may be amended. Existing wooden
fences may be replaced with wooden fence in compliance with the
board-on-board requirement.
•The total area of enclosed garage space shall be a
minimum of 426 square feet. The requirement can be met
by a garage area separate from the two-car garage.
Standard, minimum two car
garage is approx. 370 sq. ft.
Recommend an additional
15% of area