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20160823 power points combinedTown of Prosper Town Council Meeting August 23, 2016 “a place where everyone matters” Town of Prosper Agenda Item 1. Call to Order/Roll Call. “a place where everyone matters” Town of Prosper Agenda Item 2. Invocation, Pledge of Allegiance, and Pledge to the Texas Flag. “a place where everyone matters” Town of Prosper Pledge to the Texas Flag Honor the Texas flag; I pledge allegiance to thee, Texas, one state under God, one and indivisible. “a place where everyone matters” Town of Prosper Agenda Item 3. Announcements of recent and upcoming events. “a place where everyone matters” Town of Prosper Agenda Item 4. Presentation Presentation of the Texas Sustainable Cities Award to the Town of Prosper by Rudy Garza of the Texas Masonry Council. (JW) “a place where everyone matters” Town of Prosper Agenda Item 5. Consent Agenda Items placed on the Consent Agenda are considered routine in nature and non-controversial.The Consent Agenda can be acted upon in one motion.Items may be removed from the Consent Agenda by the request of Council Members or staff. “a place where everyone matters” Town of Prosper Agenda Items 5a. –5b. 5a.Consider and act upon minutes from the following Town Council meetings.(RB) •Regular Meeting –August 9,2016 5b.Consider and act upon approving the purchase of two LIFEPAK 15 defibrillators for the Fire Department from Physio-Control,Inc.,that will be utilized on two new fire engines,and authorize the Town Manager to execute the quote for same.(SB) “a place where everyone matters” Town of Prosper Agenda Item 5c. 5c.Consider and act upon adopting the FY 2016-2017 Prosper Economic Development Corporation budget.(JW) “a place where everyone matters” Town of Prosper Agenda Item 6. Citizen’s Comments The public is invited to address the Council on any topic. However,the Council is unable to discuss or take action on any topic not listed on this agenda.Please complete a “Public Meeting Appearance Card”and present it to the Town Secretary prior to the meeting. “a place where everyone matters” Town of Prosper Agenda Item 7. Conduct a Public Hearing to consider and act upon a request for a Special Purpose Sign District for Windsong Ranch Marketplace,on 46.6+acres,located on the northeast corner of U.S.380 and Gee Road.(MD16- 0002).(JW) “a place where everyone matters” Town of Prosper Agenda Item 8. Conduct a Public Hearing to consider and act upon a request to rezone a portion of Planned Development-65 (PD-65)and a portion of Planned Development-48 (PD- 48),on 198.4±acres,located on the southeast and southwest corners of existing and future Prairie Drive and Legacy Drive,to allow for the development of a single family detached,senior living development and to modify lot type requirements.(Z16-0011).(JW) “a place where everyone matters” Town of Prosper Agenda Item 9. Conduct a Public Hearing to consider and discuss the FY 2016-2017 Budget,as proposed.(BP) “a place where everyone matters” Town of Prosper Agenda Item 10. Conduct a Public Hearing to consider and discuss a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 8.6 percent.(BP) “a place where everyone matters” Town of Prosper Agenda Item 11. Consider and act upon a Site Plan for a retail shell building in the Shops at Prosper Trail,on 1.3±acres, located on the east side of Preston Road,175±feet north of Prosper Trail.This property is zoned Planned Development-68 (PD-68).(D16-0018).(JW) “a place where everyone matters” Town of Prosper Agenda Item 12. Consider and act upon a request for an ornamental metal fence within the required front yard,on 2.4±acres, located at 3181 Brookhollow Court,in Whispering Farms,Phase 2.(MD16-0009).(JW) “a place where everyone matters” Town of Prosper Agenda Item 13. Consider and act upon request for a masonry wall in lieu of open fencing adjacent to open space, located at 1400 Copper Point Drive, in Montclair. (MD16-0010). (JW) “a place where everyone matters” Town of Prosper Agenda Item 14. Consider and act upon a request for a Façade Exception for the Tribute Memory Care Facility in the Prosper Town Center development, located on the west side of Hays Road, 900±feet north of First Street. (MD16-0006). (JW) “a place where everyone matters” Previously Proposed Elevations Revised Elevations Town of Prosper Agenda Item 15. Executive Session Recess into Closed Session in compliance with Section 551.001 et seq.Texas Government Code,as authorized by the Texas Open Meetings Act,to deliberate regarding: 15a.Section 551.087 –To discuss and consider economic development incentives. “a place where everyone matters” Town of Prosper Agenda Item 15. Executive Session Recess into Closed Session in compliance with Section 551.001 et seq.Texas Government Code,as authorized by the Texas Open Meetings Act,to deliberate regarding: 15b.Section 551.072 –To discuss and consider purchase,exchange,lease or value of real property for municipal purposes and all matters incident and related thereto. “a place where everyone matters” Town of Prosper Agenda Item 15. Executive Session Recess into Closed Session in compliance with Section 551.001 et seq.Texas Government Code,as authorized by the Texas Open Meetings Act,to deliberate regarding: 15c.Section 551.074 –To discuss appointments to the Board of Adjustment/Construction Board of Appeals,Parks &Recreation Board,Library Board,Prosper Economic Development Corporation Board,and Planning &Zoning Commission. “a place where everyone matters” Town of Prosper Agenda Item 16. Reconvene in Regular Session and take any action necessary as a result of the Closed Session. “a place where everyone matters” Town of Prosper Agenda Item 17. Possibly direct Town staff to schedule topic(s)for discussion at a future meeting. “a place where everyone matters” Town of Prosper Agenda Item 18. Adjourn. “a place where everyone matters” Budget Theme: CIP –Recently Completed 44 CIP –Completion: Next 4 Years 45 CIP –Completion: Next 5 -10 Years 46 Historical & Projected Population Source:US Census Bureau and North Central Texas Council of Governments (NCTCOG) through 2015; future estimates from the Town of Prosper. 2,097 4,100 9,423 15,970 25,810 37,920 53,180 67,220 72,050 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 47 1560 1583 1135 2628 656559 1285 1056 1314 949 0 500 1000 1500 2000 2500 3000 2012 2013 2014 2015 2016 (Present) Single Family Lots Approved on Preliminary Plats Single Family Lots Approved on Final Plats Updated 08/09/2016 Single Family Lots Approved by the Planning & Zoning Commission 48 Single Family Residential Permits Issued Annually 2012 –Present 49 655 560 461 486 0 100 200 300 400 500 600 700 1 2 3 4 5 6 7 8 9 10 11 12Number of Permits2016 2015 2014 2013 2012 400 1st Quarter 2nd Quarter July Total Through July 3rd Quarter 4th Quarter Year End Total SF Residential Permits 2016 164 *178 58 400 SF Residential Permits 2015 143 200 54 397 *170 142 *655 * SF Residential Permits 2014 119 88 64 271 161 192 560 SF Residential Permits 2013 89 134 64 287 155 108 486 SF Residential Permits 2012 93 145 41 279 118 105 461 * Updated to reflect building permit withdrawals from Tanner’s Mill subdivision 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 50 No Tax Rate Increase No Water or Sewer Rate Increase No Solid Waste Rate Increase No Storm Drainage Fee Increase No Other Fee Increases 51 Proposed FY 2016-2017 Budget Includes Public Safety Streets / Infrastructure Parks and Recreation Facilities 52 Proposed FY 2016-2017 Budget Focus Budget Components 53 Base Budget—example: electricity, existing personnel costs. Total: $34,523,336 Non-Discretionary Supplemental Request (“must do”) — examples: external increase in software maintenance fees, changes from state law. Total: $1,348,186 Discretionary Supplemental Request (“must do” and “should do”) —examples: new positions or vehicles, park or public works projects. Total: $4,908,186 Cut Supplemental Request (“should do” and “nice to do”) Total: $1,927,427 All Funds Consolidated Fund Summaries 55 FUND ACCOUNT TYPE ACTUAL BUDGET 2014-2015 AMENDED BUDGET 2015-2016 PROJECTED BUDGET 2015-2016 PROPOSED BUDGET 2016-2017 GENERAL REVENUES 16,296,060 17,665,303 18,436,518 20,586,204 EXPENDITURES 16,308,647 17,664,615 17,937,964 20,270,788 NET REVENUES OVER (UNDER) EXPENDITURES (12,587)688 498,554 315,416 WATER & SEWER REVENUES 10,772,514 11,725,235 12,572,877 13,338,736 EXPENDITURES 9,436,239 12,061,442 12,268,811 14,252,548 NET REVENUES OVER (UNDER) EXPENDITURES 1,336,275 (336,207)304,066 (913,812) DEBT SERVICE (I&S)REVENUES 3,184,814 3,418,269 3,443,536 4,199,988 EXPENDITURES 2,873,732 3,777,788 3,405,038 4,182,809 NET REVENUES OVER (UNDER) EXPENDITURES 311,082 (359,519)38,498 17,179 GENERAL CAPITAL PROJECTS REVENUES 30,110,662 19,376,770 22,186,058 12,844,100 EXPENDITURES 20,174,052 26,304,225 19,470,774 26,638,979 NET REVENUES OVER (UNDER) EXPENDITURES 9,936,610 (6,927,455)2,715,284 (13,794,879) Consolidated Fund Summaries Cont’d 56 FUND ACCOUNT TYPE ACTUAL BUDGET 2014-2015 AMENDED BUDGET 2015-2016 PROJECTED BUDGET 2015-2016 PROPOSED BUDGET 2016-2017 UTILITY CAPITAL PROJECTS REVENUES 917,064 2,404,200 149,200 11,175,650 EXPENDITURES 574,413 3,181,700 1,154,504 15,133,950 NET REVENUES OVER (UNDER) EXPENDITURES 342,651 (777,500)(1,005,304)(3,958,300) PARK IMPROVEMENTS / DEDICATION REVENUES 139,851 207,300 534,031 210,800 EXPENDITURES 214,120 1,590,000 2,115,000 90,000 NET REVENUES OVER (UNDER) EXPENDITURES (74,269)(1,382,700)(1,580,969)120,800 WATER IMPACT FEES REVENUES 2,584,786 2,748,000 3,027,000 3,229,700 EXPENDITURES 740,161 7,958,359 8,568,915 2,711,167 NET REVENUES OVER (UNDER) EXPENDITURES 1,844,625 (5,210,359)(5,541,915)518,533 WASTEWATER IMPACT FEES REVENUES 450,768 487,100 582,095 607,800 EXPENDITURES 102,064 1,659,193 2,044,193 281,200 NET REVENUES OVER (UNDER) EXPENDITURES 348,704 (1,172,093)(1,462,098)326,600 Consolidated Fund Summaries Cont’d 57 FUND ACCOUNT TYPE ACTUAL BUDGET 2014-2015 AMENDED BUDGET 2015-2016 PROJECTED BUDGET 2015-2016 PROPOSED BUDGET 2016-2017 E THORO IMPACT FEES REVENUES 2,046,595 2,209,400 4,329,600 4,032,560 EXPENDITURES 283,871 6,113,229 10,447,229 3,300,000 NET REVENUES OVER (UNDER) EXPENDITURES 1,762,724 (3,903,829)(6,117,629)732,560 W THORO IMPACT FEES REVENUES 988,106 1,009,400 1,047,700 1,212,870 EXPENDITURES 288,978 837,322 1,150,000 600,000 NET REVENUES OVER (UNDER) EXPENDITURES 699,128 172,078 (102,300)612,870 INTERNAL SERVICE REVENUES 21,375 25,640 28,040 23,100 EXPENDITURES 4,069 40,000 20,000 40,000 NET REVENUES OVER (UNDER) EXPENDITURES 17,306 (14,360)8,040 (16,900) SPECIAL REVENUE REVENUES 768,460 62,100 535,440 64,400 EXPENDITURES 580,861 100,000 92,445 95,179 NET REVENUES OVER (UNDER) EXPENDITURES 187,599 (37,900)442,995 (30,779) Consolidated Fund Summaries Cont’d 58 FUND ACCOUNT TYPE ACTUAL BUDGET 2014-2015 AMENDED BUDGET 2015-2016 PROJECTED BUDGET 2015-2016 PROPOSED BUDGET 2016-2017 STORM DRAINAGE REVENUES 275,899 316,100 305,500 345,625 EXPENDITURES 207,448 350,780 276,721 362,804 NET REVENUES OVER (UNDER) EXPENDITURES 68,451 (34,680)28,779 (17,179) VERF REVENUES 1,325,931 550,781 586,651 518,781 EXPENDITURES 69,570 1,045,606 1,048,240 242,110 NET REVENUES OVER (UNDER) EXPENDITURES 1,256,361 (494,825)(461,589)276,671 General Fund General Fund Revenues by Source 60 Revenue Category FY 2017 Projected % of Total Property Tax $10,003,217 48.6% License, Fees & Permits $3,548,385 17.2% Sales Tax $4,249,600 20.6% Interfund Transfers In $1,091,166 5.3% Franchise Fees $739,400 3.6% Fines & Warrants $385,000 1.9% Charges for Services $375,511 1.8% Investment Income $39,600 0.2% Grants $2,500 0.0% Miscellaneous $54,825 0.3% Park Fees $97,000 0.5% Revenue Total $20,586,204 100.0% General Fund Department Appropriations 61 Department FY 2017 Proposed % of Total Administration $3,718,377 18.3% Police Services $3,836,484 18.9% Fire Services $4,733,929 23.4% Public Works $2,205,908 10.9% Community Svcs $2,728,045 13.5% Development Svcs $2,218,078 10.9% Engineering $829,967 4.1% Expense Total $20,270,788 100.0% Proposed Positions 62 Dept.POSITIONS FTEs Finance Capital Projects Accountant 1 Police Patrol Officers 4 Detective 1 Fire Emergency Management Coordinator 1 Fire Inspector Investigator *1 Park Operations Arborist 1 Chemical Technician 1 Maintenance Worker 1 TOTAL GENERAL FUND POSTIONS 11 Water Construction Inspector 1 Water Education Coordinator *1 Construction Inspector –Right-of-Way 1 Wastewater Utility Maintenance Supervisor 1 Utility Crew Leader 1 Utility Worker 1 TOTAL ENTERPRISE FUND POSTIONS 6 *This position will start in October 2016. Major Program Enhancements 63 The major Program Enhancement and Capital Expenditures included in the proposed appropriations and planned for FY 2016-2017 by Department Department Enhancements Amount Public Works/Streets:Street Lights –Coit Road $450,000 Prosper Trail Reconstruction $975,000 Police:Four Full-Time Police Officers $387,672 Additional Detective $123,453 Needs Assessment –Public Safety Facility $ 75,000 Fire:Emergency Management Coordinator $ 54,963 Fire Inspector/Investigator $129,479 Parks:Relocate Lights from Main Street park $ 96,000 Water: Water Lines –Main Street Reconstruction $422,000 Wastewater:Wastewater Lines –Main Street Reconstruction $422,000 Utility Billing:Trash Collection Growth Projection $251,725 Property Taxes 2016 Valuations Overview Certified Total Taxable (after freeze loss) Increased 19.58% ○Collin County Value $2,331,862,827 ○Denton County Value $ 214,280,894 ○Total Value $2,546,143,721 Existing Taxable Values Increased 8.62% ○+ 07.76% in Collin County ○+ 23.49% in Denton County New Construction Totaled $ 233,271,218 ○Collin County $162,297,411 ○Denton County $ 70,973,807 65 2016 Valuations Overview Cont’d 2015-2016 2016-2017 Difference Tax Dollars Assessed Value $2,630,702,240 $3,236,092,432 $ 605,390,192 $ 16,827,681 Freeze Taxable $ 173,565,133 $ 196,365,692 $ 22,800,559 $ 1,021,102 Homestead Exemptions $ -$ 139,092,623 $ 139,092,623 $ 723,282 Other Exemptions $ 318,210,267 $ 354,490,396 $ 36,280,129 $ 1,843,350 Net Taxable $2,138,926,840 $2,546,143,721 $ 407,216,881 $ 13,239,947 66 Average Single-Family Home Value 67 Source: Collin CAD and Denton CAD Certified Totals 2007-2016 $315,308 $342,977 $344,458 $333,084 $324,387 $321,662 $351,317 $378,651 $423,062 $460,766 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Ad Valorem Taxes 68 Source: Collin CAD and Denton CAD Certified Totals 2016 2016 Freeze Adjusted Taxable Value $2,546,143,721 $0.52 Times Total Tax Rate per $100 $13,239,947 Times Anticipated Collection Rate 100% Plus Actual Tax from Freeze $907,311 Total Tax Levy $14,147,258 One Penny on the Tax Rate Yields $254,614 Property Tax Rate History 69 Fiscal Year General Fund I & S Fund Total 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 2016-17 0.367500 0.152500 0.520000 As Proposed 0.0 0.1 0.2 0.3 0.4 0.5 0.6 General Fund I & S Fund Property Tax Rate Comparison I (2015 Tax Rates) 70 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 71 Source: Collin and Denton Central Appraisal Districts. Prosper ISD $1.67000 Town of Prosper $0.52000 Collin County $0.22500 Collin College $0.08196 Average Home Owner 2016 Average Homestead Market Value = $ 460,766 Average Prosper Resident Total Tax Bill –Collin County 72 Note: Average Taxes are computed using 2015 tax rates for all agencies. Includes possible exemptions with each entity for simplicity. Taxing Jurisdiction Tax Rate per $100 Homestead Exemption Tax Levy Prosper ISD $1.670000 $25,000 $7,277 Town of Prosper $0.520000 $34,557 $2,216 Collin County $0.225000 $23,038 $985 Collin College $0.081960 -$378 Totals $2.496960 $82,596 $10,856 Property Tax Rate Scenarios 73 2016 Average Homestead Market Value = $460,766 Tax Rate Scenarios –Homeowner Impact Current & Proposed Rate $0.520000 -$2,216 Effective Rate $0.442223 -$1,885 Rollback Rate $0.621838-$2,650 Tax Rate Scenarios –Municipal Impact Current & Proposed Rate $0.520000 -$14,147,258 Effective Rate $0.442223 –($1,980,314) LOSS Rollback Rate $0.621838 –$2,592,942 GAIN 74 Texas Tax Code Section 11.13 (n) Must be adopted by July 1st Minimum Exemption $5,000 Maximum Percentage 20% Homestead Exemption “a place where everyone matters” 75 Homestead Exemption Analysis Assessed Value Homestead %Calculated Homestead Minimum Homestead Homestead Savings $1,854,305,626 7.5%$139,072,922 $139,092,623 $723,282 $1,854,305,626 8.5%$156,338,492 $156,358,193 $813,063 $1,854,305,626 9.5%$173,812,688 $173,832,389 $903,928 $1,854,305,626 10%$182,550,343 $182,570,044 $949,364 $1,854,305,626 15%$269,934,502 $269,954,203 $1,403,762 $1,854,305,626 20%$357,321,539 $357,341,240 $1,858,174 76 Projected Assessed Value Homestead %Calculated Homestead Minimum Homestead Homestead Savings $2,176,841,826 7.5%$163,263,137 $163,282,838 $849,071 $2,176,841,826 8.5%$183,754,069 $183,773,770 $955,624 $2,176,841,826 9.5%$204,453,627 $204,473,328 $1,063,261 $2,176,841,826 10%$214,803,963 $214,823,664 $1,117,083 $2,176,841,826 15%$318,314,932 $318,334,633 $1,655,340 $2,176,841,826 20%$421,828,779 $421,848,480 $2,193,612 Homestead Exemption Analysis Water/Sewer Fund Water/Sewer Fund Revenues by Source 78 Revenue Category FY 2017 Projected % of Total Water Charges $7,970,107 59.8% Wastewater Charges $3,544,000 26.6% Solid Waste Charges $1,376,796 10.3% Penalties $96,075 0.7% Investment Income $29,500 0.2% License, Fees & Permits $72,325 0.5% Miscellaneous $249,933 1.9% Revenue Total $13,338,736 100.0% Water/Sewer Fund Department Appropriations 79 Department FY 2017 Proposed % of Total Administration $ 5,903,974 41.4% Public Works $ 8,348,574 58.6% Expense Total $ 14,252,548 100.0% Long-Term Issues and Key Dates Long-Term Issues Compensation Facility Planning Vehicle and Equipment Replacement Program 81 Compensation 82 Goal –to attain a pay plan comparable to the market that helps attract and retain employees Facilities Planning 83 Town employees are spread among eight locations, including two temporary buildings Windsong Ranch fire station is nearing completion and will serve the west side of Prosper 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 84 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 85 VERF Replacement Schedule 86 Department Model Year Auto Make Auto Model Classification Estimated Life (Yrs) / Age Estimated Cost VEHICLES RECOMMENDED FOR REPLACEMENT Police-Sgt Golden 2008 Ford LTD Crown Vic Sedan, Full-Size (Pursuit Rated)4 / 8 $ 47,843 Police-Patrol 2011 Chevrolet Tahoe Truck, Sport-Utility 4 / 6 $ 43,650 Police-Patrol 2012 Chevrolet Tahoe Truck, Sport-Utility 4 / 5 $ 43,650 Police-Patrol 2013 Chevrolet Tahoe Truck, Sport-Utility 4 / 5 $ 43,650 Parks & Recreation 2006 Chevrolet Silverado 3/4T Truck, Pick-Up -Field 10 / 12 $ 25,710 Vehicles / Equipment Replacement Deferred to FY 2017-2018 Police-COP Vehicle 2008 Ford Expedition SUV (Field)8 / 8 N/A Fire 2002 Chevrolet HD Ambulance Re-hab Unit 15 / 15 N/A Streets 2007 Ford F450 Truck, Pick-Up -Field 10 / 10 N/A Streets 2006 Ford F250 3/4T Truck, Pick-Up -Field 10/ 11 N/A Parks & Recreation 2007 Ford F250 3/4T Truck, Pick-Up -Field 10 / 10 N/A Code Compliance 2007 Ford F150 Truck, Pick-Up -Field 10 / 10 N/A Public Works -Water 2003 Wacker RD88OU Roller 5 / 14 N/A Public Works -Water 2007 Dixie XC3300-74 Chopper 10 / 10 N/A Public Works -Water 2004 Leroy 3272X1221 Air Compressor 10 / 13 N/A Public Works -Water 2008 Swenson 0307-1848 Sand Spreader 5 / 9 N/A Public Works -Water 2010 Toro 74297 Mower 5 / 7 N/A Public Works -WW 2008 Aires Camera-TV Sewer Camera w/Locators 8 / 9 N/A Public Works -WW 2010 Insight Vision Camera-TV Sewer Camera 5 / 7 N/A TOTAL VEHICLES 10-20 Police Department $ 178,793 10-60 Parks Recreation $ 25,710 $ 204,503 TOTAL VERF BUDGET $ 172,000 TOTAL ESTIMATED COST $ 204,503 DIFFERENCE -$ 32,503 VERF Replacement Schedule Cont’d 87 Account No.Department Quantity Type Budget 410-6125-10-02 Town Secretary's Office 2 1 desktop/1 laptop $ 2,850.00 410-6125-10-03 Finance 1 Laptop $ 1,700.00 410-6125-10-05 IT N/A Contingency /Unscheduled Replacements $ 5,000.00 410-6125-10-04 Human Resources 1 Laptop $ 1,700.00 410-6125-10-07 Municipal Court 1 Laptop $ 1,700.00 410-6125-20-01 Police Operations 4 3 desktop/1 laptop $ 5,150.00 410-6125-20-05 Police Dispatch 2 Desktop $ 2,300.00 410-6125-30-01 Fire Operations 4 Desktop $ 4,600.00 410-6125-30-05 Fire Marshal 1 Desktop $ 1,150.00 410-6125-40-01 Building Inspections 3 2 desktop/1 laptop $ 4,000.00 410-6125-60-01 Parks Administration 1 Laptop $ 1,700.00 410-6125-50-02 Public Works/Water 3 1 desktop/2 laptop $ 4,550.00 410-6125-50-03 Public Works/Wastewater 1 Desktop $ 1,150.00 TOTAL $ 37,550.00 Computer Equipment Recommended for Replacement Capital Improvement Projects 89 CIP Projects STREETS Custer Road Turn Lanes @ Prosper Trail –Carry Over 100,000 DNT Southbound Frontage Road (Collin County)9,500,000 Downtown Enhancements –Carry Over ($1.85M Overall)1,650,000 Eighth Street (Church -PISD) 260,000 Field Street (First -Broadway)250,000 Frontier Parkway (BNSF Overpass) –Carry Over 3,650,000 Main Street (First -Broadway) 1,025,000 Old Town Streets 2015 (Fifth, McKinley) 1,044,000 Parvin Road (Good Hope -FM 1385)270,000 Pasewark (Preston -Hickory)400,000 Prosper Trail (Kroger –Coit)3.975,000 West Prosper Road Improvements –Carry Over ($12.781M Overall)6,781,000 28,905,000 90 CIP Projects Cont’d TRAFFIC Median Lighting –Coit Road (US 380 –First)450,000 US 380 Illuminated Street Signs 25,000 475,000 PARKS Preston Lakes Playground 90,000 Frontier Park North ($10,451,225 Overall)9,601,225 9,691,225 FACILITIES Public Safety Facility (Police Station and Fire Station) –Needs Assessment 75,000 Town Hall -Professional Services ($1.8615M Overall)311,500 Town Hall –Construction 18,813,000 Town Hall –Furniture, Fixtures, and Equipment 1,362,000 20,561,500 91 CIP Projects Cont’d WATER County Line Elevated Storage Tank (Design)937,500 Lower Pressure Plane Pump Station and Transmission Line 22,902,900 23,840,400 WASTEWATER 92 CIP Projects Cont’d DRAINAGE Coleman Street Channel Improvements 282,500 Old Town Drainage -First & Main Trunk Main 800,000 Old Town Regional Detention -Land Acquisition 385,000 Old Town Regional Detention -Broadway (Design & Construction) 550,000 2,017,500 Total All CIP Projects 85,490,625 93 CIP Projects Cont’d 95 CIP Projects Cont’d 96 CIP Projects Cont’d CIP Analysis 97 CIP Analysis Cont’d 98 CIP Analysis Cont’d 99 (1)FY 2016 based on certified values and FY 2017 based on preliminary values per Denton CAD and Collin CAD websites.Assumes $350 million in annual growth for FY 2018,$250 million in annual growth for FY 2019,$200 million annual growth in FY 2020 and 1%thereafter. (2)Debt service assumed to be repaid solely with I&S tax revenues.Repayment source may be changed from year to year. (3)Debt service assumed to be repaid solely with I&S tax revenues.Based on projected rates;preliminary,subject to change. (4)Estimated.Based on assumed total frozen revenues of $896,810 and projected pro rata I&S tax rate share of a combined tax rate of $0.52;preliminary,subject to change. (5)FY 2016 I&S tax rate per Town staff.All others calculated based on 98.5% collections. Key Dates in Budget Process September 13 September 19 October 1 100 2nd Public Hearing on Budget 2nd Public Hearing on Tax Rate Council adopts the FY 2016-2017 Budget Council sets the 2016 Tax Rate Fiscal Year 2016-2017 begins Thank You! Questions?