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20190905ppt_budget_combinedWelcome to the September 5, 2019, Special Called Meeting of the Prosper Town Council. Call to Order/Roll Call. 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. Agenda Item 1. Consider and act upon a request to permit open fencing in the front yard of Block A, Lot 21, Whispering Farms, Phase 2, located at 741 Broadmoor Lane. (V19- 0002). (JW) 741 Broadmoor Lane Agenda Item 2. Consider and act upon a request to permit open fencing in the front yard of Block A, Lot 19, Whispering Farms, Phase 2, located at 791 Broadmoor Lane. (V19- 0001). (JW) 791 Broadmoor Lane Regular Agenda If you wish to address the Town Council, please fill out a “Public Meeting Appearance Card” and present it to the Town Secretary, preferably before the meeting begins. Pursuant to Section 551.007 of the Texas Government Code, individuals wishing to address the Council for items listed as public hearings will be recognized when the public hearing is opened. For individuals wishing to speak on a non-public hearing item, they may either address the Council during the Citizen Comments portion of the meeting or when the item is considered by the Town Council. Items for Individual Consideration Agenda Item 3. Conduct a Public Hearing to consider and discuss the FY 2019-2020 Budget, as proposed. (KN) Agenda Item 4. 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 15.16 percent. (KN) PROPOSED BUDGET PUBLIC HEARING SEPTEMBER 5, 2019 Proposed FY 2019-2020 Budget Highlights No Tax Rate Increase Increased Property Valuations New Growth to Tax Roll Increased Service Levels to Residents Increased Infrastructure Needs Increased Sales Tax Receipts 2 Proposed FY 2019-2020 Budget Priorities Address increased service levels to Town residents Provide capital investments infrastructure and other public improvements Provide public safety resources 3 Proposed FY 2019-2020 Budget Expenditures by Fund 4 General Fund , $28,404,750 , 31% General Debt Service Fund, $7,022,740 , 8% Water & Wastewater Fund, $23,650,922 , 26%TIRZ # 1 & 2 Funds, $2,109,264 , 2% SPD -Crime & Fire Funds, $2,616,408 , 3% Water Impact Fund, $930,910 , 1% Roadway Impact Fund, $4,204,168 , 5% Internal Service Funds, $4,008,108 , 5% Other Funds, $3,583,931 , 4% CIP -New General Gov't Bond Funding, $13,835,000 , 15% FY 2019-2020 Budget by Fund $90,366,201 for all Funds General Fund General Debt Service Fund Water & Wastewater Fund TIRZ # 1 & 2 Funds SPD - Crime & Fire Funds Water Impact Fund Roadway Impact Fund Internal Service Funds Other Funds CIP - New General Gov't Bond Funding Operating Budget Components Base Budget –example: re-occurring costs, electricity, existing personnel costs. Total: $48,576,141 Non-Discretionary Supplemental Request (“must do”) —examples: external increase in software maintenance fees, water/wastewater charges, changes from state law. Total: $1,995,341 Discretionary Supplemental Request (“must do” and “should do”) —examples: new positions or vehicles, park or public works projects. Total: $5,394,790 Cut Supplemental Request (“should do” and “nice to do”) Total: $1,264,299 5 ALL FUNDS REVENUES BY TYPE 6 Taxes $32,616,350 41% License, Fees & Permits $6,770,142 9% Charges for Services $26,382,926 33% Fines & Warrants $474,163 1% Investment Income $728,274 1% Miscellaneous $3,733,115 5% Impact Fees $8,025,500 10% Total Revenue $78,730,470 Taxes License, Fees & Permits Charges for Services Fines & Warrants Investment Income Miscellaneous Impact Fees ALL FUNDS EXPENDITURES BY TYPE 7 General Government $7,929,412 10% Public Safety $13,292,276 17% Community Services $5,196,602 7% Streets & Highways $2,895,652 4% Development Services $3,173,727 4% Utlity Services $17,662,202 23% Engineering $1,726,461 2% Internal Service Funds $4,008,108 5% Escrow Funds $1,354,577 2% Debt Service $11,181,618 15% TIRZ # 1 & 2 $2,109,263 3% Impact Fee Development $6,001,303 8% Total Expenditures $76,531,201 General Government Public Safety Community Services Streets & Highways Development Services Utlity Services Engineering Internal Service Funds Escrow Funds Debt Service TIRZ # 1 & 2 Impact Fee Development 2019 Property Valuation and Tax Revenue 8 2019 Property Valuations •Certified Total Taxable (after freeze loss) Increased 14.78% Collin County Value $3,489,167,328 Denton County Value $ 719,900,171 Total Valuation $4,209,067,499 •Existing Taxable Values Increased $127,510,616 or 3.48% + 2.74% Collin County + 7.60% Denton County •New Construction Totaled $414,634,110 Collin County $295,972,703 (TIRZ #1 new construction value $15,719,680) Denton County $118,661,407 9 2019 Proposed Tax Rate •Proposed Tax Rate Maintenance & Operation $0.367500 / $100 Debt Service $0.152500 / $100 Total Proposed Tax Rate $0.520000 / $100 •Effective Tax Rate $0.494939 / $100 •Rollback Tax Rate $0.530272 / $100 10 Ad Valorem Taxes 2019 Freeze Adjusted Taxable Value $ 4,209,067,499 Times Total Tax Rate per $100 $0.52 $ 21,887,151 Plus Actual Tax From Freeze $ 1,489,707 Times Anticipated Collection Rate 99.00% Total Tax Levy $ 23,143,089 One Penny on the Tax Rate Yields $ 420,907 11 Property Tax Funding Total Tax Levy $ 23,143,089 M&O Rate $0.3675 –General Fund $ 16,355,933 I&S Rate $0.1525 –Debt Service Fund $ 6,787,156 12 2019-2020 Proposed Sales and Use Tax 13 Sales Tax Historical Collections -1% GF Net of TIRZ 14 Fiscal Year Sales Tax Collections % Change FY 2014-2015 $2,171,204 11.78% FY 2015-2016 $2,796,393 27.92% FY 2016-2017 $3,509,444 26.89% FY 2017-2018 $4,424,976 26.09% FY 2018-2019 Estimate $4,773,272 7.87% FY 2019-2020 Budget $5,011,936 5.00% Compensation and Benefits 15 Proposed Positions 16 Department Proposed Staffing Positions FTE Department Proposed Staffing Positions FTE Police Liutenants 2 Water Utility Maintenance Supervisor 1 Police Patrol Officers 2 Water Water Quality Technician 1 Fire Firefighter/Paramedics 6 Water Senior Backflow Inspector 1 Code Compliance Health Code Compliance Officer 1 Water Water Utility Worker 1 Streets Heavy Equipment Operator 1 Water Heavy Equipment Operator 1 Streets Crew Leader - Streets 1 Wastewater Heavy Equipment Operator 1 Park Operations Irrigation Technician 1 Wastewater Wastewater Utility Worker 1 Engineering Civil Engineer 1 Engineering Engineering Technician 1 TOTAL FTE 23 GENERAL FUND 17 General Fund Revenue FY 2019-2020 Proposed Budget -$30,312,820 18 Property Tax 54.6%Sales Tax 16.8% Franchise Fees 5.7% License, Fees & Permits 14.2% Charges for Services 1.4% Fines & Warrants 1.6% Investment Income 1.0% Transfers In 3.2% Miscellaneous 0.3%Park Fees 0.8%Grants 0.2% General Fund Expenditures by Department FY 2019-2020 Proposed Budget -$30,002,271 19 Administration 18.2% Police Services 18.4% Fire Services 21.3% Public Works 9.9% Community Services 15.9% Development Services 10.7% Engineering 5.6% General Fund Expenditures by Function FY 2019-2020 Proposed Budget 20 Personnel, 17,323,087 , 58%Operations, 8,512,549 , 28% Capital, 2,569,114 , 9% Transfers Out, 1,597,521 , 5% Personnel Operations Capital Transfers Out Supplemental Package Summary General Fund 21 One-Time Recurring Package Running Costs Costs Total Total Costs Non-Discretionary 382,733$ 278,932$ 661,665$ 661,665$ Discretionary 1,559,420$ 1,596,031$ 3,155,451$ 3,817,116$ Requested not funded 397,466$ 561,361$ 958,827$ 4,775,943$ Changes in General Fund Appropriations •Fire •Removed the 6 new FF positions due to Grant Supplanting •Will bring this back later as a budget amendment •Parks •Added $50,000 for Downtown Live Event •Administration •Reduced Consulting Services for Enterprise Software to $50,000 for FY 2020 and FY 2021 appropriated $50,000 to assist in implementation services. 22 WATER AND SEWER FUND 23 Water & Sewer Fund Revenue FY 2019-2020 Proposed Budget -$24,953,626 24 Water Charges 54.6%Wastewater Charges 28.3% Solid Waste Charges 5.8% License, Fees & Permits 0.2% Penalties 0.5% Investment Income 0.6% Miscellaneous 10.0% Water & Sewer Fund by Function FY 2019-2020 Proposed Budget -$24,956,201 25 Personnel 12%Operations 11% Debt Service 16% Water Purchases 23% WW Management Fees 14% Transfers Out, $1,205,144 , 5% Capital 14% Solid Waste Collections 5% Monthly Rate Impact –Average Residential Customer •No adjustment to sewer rates in FY 2020 •No adjustment to residential water rates in FY 2020 •Only adjustment will bring Commercial water base charges in alignment with Residential water base charges. 26 Proposed FY 2020 Water-Sewer Rate Plan 27 1" meter Residential Rates Current Rates FY 2020 Adopted Rates FY 2020 Proposed Rates Proposed % Change Water, 10K gallons & 5K Sewer 116.95$ 130.65$ 116.95$ 0.00% 1" meter Commercial Rates Current Rates FY 2020 Adopted Rates FY 2020 Proposed Rates Proposed % Change Water, 20K gallons & 20K Sewer 271.10$ 307.10$ 276.05$ 1.83% Supplemental Package Summary Water-Sewer Fund 28 One-Time Recurring Package Running Costs Costs Total Total Costs Non-Discretionary 222,225$ 1,111,451$ 1,333,676$ 1,333,676$ Discretionary 910,426$ 708,701$ 1,619,127$ 2,952,803$ Requested not funded -$ 255,472$ 255,472$ 3,208,275$ Other Changes from Proposed Budget •Park Improvement Fund –added PISD Frontier Park Agreement appropriation of $15,955 •Special Revenue Fund •Added $50,000 to Tree Mitigation appropriations due to agreements with Developers and fines incurred. •Added $5,000 to Court Technology appropriates due to new State law requiring CJJIS reporting. This requires the Court/Police to capture fingerprinting for Class C assaults involving family violence. 29 CAPITAL IMPROVEMENT PROJECTS FY2020 30 Expanding US 380 (University Drive) Custer to Lovers = $23M Lovers to Denton County Line = $59M Denton County to US 377 (est 2024) = $178M Expanding SH 289 (Preston Road) Overpass at US 380 = $10M US 380 to FM 1461 (Frontier Parkway) = $26M FM 1461 to County Line = $19M Expanding DNT (Dallas North Tollway) Southbound Frontage Road (est 2020) = $17M Overpass at US 380 (est 2022) = $100M Main Lanes (US 380 to FM 423) (est 2026) = $350 Expanding FM 1461 (Frontier Parkway) Preston to Lake Forest (TxDOT design) = $47M DNT to Preston (2021) = $23M Expanding FM 2478 (Custer) US 380 to FM 1461 = $57M Regional Wastewater Treatment Services (UTRWD) Doe Branch Phase I = $32M Doe Branch Phase II =$29M OVER $1 BILLION in Regional Infrastructure!!!! Expanding FM 1385 US 380 to FM 455 = $132 M 31 32 Recently Completed CIP Under Design $209,652,458 Completed Next 5 Years $832,527,517 Completion Beyond 5 Years $292,141,000 33 (Dallas North Tollway to Custer Road) 34 (Dallas North Tollway to Custer Road) (FM 1385 to Dallas North Tollway) 35 36 (FM 1385 to Dallas North Tollway) STREET Prosper Trail (Kroger –Coit): (Construction) $ 190,846 West Prosper Roads Improvements: (Design & Construction) $ 3,404,618 Gates of Prosper, TIRZ 1 (Richland, Lovers Lane Detention)$ 3,125,025 Victory Way (Coleman –Frontier): (Construction)$ 2,250,000 Prosper Trail (Coit –Custer) -2 lanes: (Design & Construction)$ 6,000,000 Coleman Street (Gorgeous –Prosper Trail) –4 lanes: (Preliminary Design)$ 250,000 FM 2478 (US 380 –FM 1461): (ROW Payment)$ 69,000 Coleman Street (at Prosper HS): (Construction by First Texas Homes)$ 90,000 Fishtrap Segment 1 (Teel –Middle School): (Construction)$ 1,190,000 Coit Road and US 380 (Southbound Right Turn Lane): (Construction)$ 35,000 Prosper Trail / DNT Intersection Improvements: (Construction)$ 1,600,000 Fishtrap (Teel Intersection Improvements): (Construction) $ 1,350,000 Cook Lane (First –End): (Construction) $ 2,100,000 First Street (Coit –Custer) –4 lanes: (Design, no ROW)$ 1,000,000 Fishtrap (Teel –Gee Road): (Design by Tellus)$ 400,000 Gee Road (Fishtrap –Windsong Retail): (Design by Tellus)$ 250,000 Fishtrap (Elem –DNT) –4 lanes: (Design, no ROW)$ 700,000 Coit Road (First –Frontier) –4 lanes: (ROW Acquisition)$ 800,000 Teel (US 380 Intersection Improvements): (Design)$ 100,000 $24,654,489 37 TRAFFIC Traffic Signal –Fishtrap & Teel Parkway: (Construction)$ 300,000 Traffic Signal –Fishtrap & Gee Road: (Design)$ 50,000 Traffic Signal –Fishtrap & Gee Road: (Construction)$ 300,000 Traffic Signal –SH 289 & Lovers: (Design & Constr. TIRZ #1) $ 350,000 Traffic Signal –Coit & Richland: (Desig)$ 50,000 Traffic Signal –Coit & Richland: (Construction)$ 300,000 Traffic Signal –Fishtrap & Windsong Parkway: (Design) $ 50,000 $1,400,000 38 WATER Custer Road Meter Station and Water Line Relocations: (Non-Reimb. $300k)$ 2,501,275 Cook Lane (First -End): (Construction)$ 400,000 Broadway (Parvin –Craig): (Construction)$ 150,000 $ 3,051,275 WASTEWATER Church / Parvin Wastewater Reconstruction: (Construction) $ 100,000 $ 100,000 39 DRAINAGE Old Town Drainage –Church & Parvin: (Construction) $ 460,000 Old Town Regional Retention –Broadway: (Construction)$ 622,765 Frontier Park / Preston Lakes Drainage: (Design)$ 100,000 $ 1,182,765 40 PARK Hays Park: (Design)$ 35,000 Pecan Grove Irrigation: (Design & Construction)$ 85,000 Star Trail Park #2: (Construction)$ 535,000 Pecan Grove Phase 2: (Design)$ 67,500 Windsong H&B Trail Phases 3C,5,6A,6B,7,8, and 9: (Construction)$ 450,524 Pecan Grove H&B Trail: (Design)$ 30,000 Star Trail H&B Trail Phases 1,2,3 and 4: (Construction)$ 100,000 Whitley Place H&B Trail (Power Esmnt): (Design) $ 10,000 Whitley Place H&B Trail (Power Esmnt): (Construction) $ 270,000 Frontier Park Storage: (Design & Construction) $ 285,000 $ 1,868,024 41 Key Dates in Budget Process September 10 Council Adopts the FY 2019-2020 Budget Council Sets the 2019 Tax Rate Adopt Fee Schedule Changes Adopt Water & Sewer Rates October 1 Fiscal Year 2019-2020 Begins 42 Thank you! Questions? 43 Adjourn.