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Budget - FY 2006-2007 TOWN OF PROSPER,TEXAS ORDINANCE NO. 06-98 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, 2006 AND ENDING SEPTEMBER 30, 2007; 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, 2006 and ending September 30,2007 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 22,2006 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: Findia 5.1ncoap tAaLed. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTIONww2: A �11�t,ion mm�leu�e�t,. The proposed budget estimate of revenues and expenditures for Prosper,attachedheretoas Exhibit"A",as submitted by the Mayor and appropriated by the Town Council for the fiscal year beginning October 1,2006 and ending September 30,2007, is hereby approved and adopted. SECTION 3: Al �l-%:L iiation 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 $ 4,300,959 ..............................._��...�_.. .. .-....._..._.................... ...a.a.a.a. .. Water& Sewer Fund $ 3,046,653 Capital Projects Fund $19,422,738 ............_..-.. ._.... _... ._...-..........................._............. Interest& Sinking Fund $ 1,706,683 _. .....__ . _........_.. ................... .. ... Special Revenues Fund $ 1,090,188 Page 1 of 2 E010N 4: Author ty.of mTown 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: nonIsl ejjeal ng Clatgs . 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,: Sevcrabil'rty. 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 12th DAY OF SEPTEMBER,2006. M, IA 1S NISW, ,Mayor ATTEST""0: "�.. * %1101ll 'V10 ATTHEW D. DENTON Town Secretary 1—; �`0 40 a �� o2l 20 Date o� Po�r�s�rtohlors Dallas Morning News—f ollin County FdtPrav �.... Page 2 of 2 EXHIBIT A s, flwwwru¢uu,vvmwrrwau�w ,rfum, ,��i �/ l iJ��i//�i��fJ r r N r P F--.e ADOPTED BUDGET FY 200 2007 October 1, 2006 - September 30, 2007 r 1� FY 2006-2007 PlTOWN OF , Budget � S P E R 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 unincorporated areas of Denton County to the west. Two major Dallas area north-south thoroughfares, S.H. 289 (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 2006, the North Central Texas Council of Governments estimated the Town's population to be 5,235, an increase of 28% from their January 2005 estimate of 4,098. The 28% growth rate makes Prosper the fastest growing municipality (by percentage) in the four county region of Collin, Denton, Dallas, and Tarrant counties. Using residential water connections, the Town estimates its population as of August 1 to be approximately 5,800. With an inventory of lots within recently developed single- family subdivisions available and a significant amount of additional single-family subdivisions under construction, the Town's rapid population is expected continue. At present, the Town of Prosper's water supply is provided by several water wells that produce up to 1,160 gallons of water per minute or 1,670,400 gallons per day. The Town supplements its well water with approximately 1,000,000 gallons per day of surface water purchased from the North Texas Municipal Water District(NTMWD)and transported to the Town by the City of Frisco. The primary water source of the NTMWD is Lake Lavon, located approximately 30 miles southeast of the Town. The Town's water supply is stored in several ground storage and elevated storage tanks comprising approximately 1,175,000 gallons of storage. The Town's storage capacity will increase significantly with the completion of a 3,000,000 gallon ground storage tank located near the northwest corner of the intersection of U.S. 380 and Custer Road (F.M. 2478) in the spring of 2007. The approximate $8,500,000 cost of designing and constructing the ground storage tank and associated pump station and water lines is being absorbed by the Town's 2004 Bond. The cost of purchasing surface water in FY 2006-2007 is projected to approach $500,000. 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 by executing contracts with the 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. With the pipeline scheduled for completion in spring 2007, the Town will begin to incur construction costs and treatment costs in the latter half of FY 2006-2007. Town of Prosper FY 2006-2007 Budget Page 1 of 8 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: Charles Niswanger Mayor Dave Turley Town Council— Place 1 Lisa Dritschler Town Council— Place 2 Kevin Drown Town Council — Place 3 Mike Wadsworth Town Council —Place 4 David Bristol Town Council—Place 5 and Mayor Pro Tem 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 by managing the daily activities of the Town and to implement the policies established by the Town Council. Due to the continued increase in the Town's population and the associated demand for and expectation of services offered in other Dallas area municipalities, the Town's FY 2006-2007 proposed budget includes six new positions. The Town's current staff and the new positions are categorized in the following eight areas. The new positions are listed in italics. Once the positions are filled, the Town staff will consist of 46 positions. Administration (5) Police(9) Town Administrator Police Chief Town Secretary Captain Business/Finance Manager Four(4) Police Officers Finance/Human Resources Clerk Two(2)Additional Police Officers Assistant to the Town Administrator School Resources Officer Public Works (9) Develooment Services (10) Director of Public Works Dir of Dev Services/Town Engineer Sewer Operator Town Planner Water Operator Planner I Utility/Construction Inspector Building Official Streets Superintendent Senior Building Inspector Maintenance Worker(Streets) Two (2) Building Inspectors Maintenance Worker(Water/Sewer) One (1)Additional Building Inspector Maintenance Worker(Water/Sewer) Code Enforcement Officer Utility Billing Clerk Permit Technician Fire(11) Parks (1) Fire Chief Maintenance Worker Three (3) Fire Captains Six(6) Firefighters/ EMTs Fire Marshal Munici al Court (1) Municipal Court Clerk Town of Prosper FY 2006-2007 Budget Page 2 of 8 The Budget Process and Schedule Town staff began the process of preparing the FY 2006-2007 budget in May. Department Heads submitted their proposed budgets for their departments to the Town Administrator in June. Following review and revision of the proposed budgets by the Town Administrator, the Town Council held budget work sessions on July 5 and 19. From these work sessions, the Town Administrator derived the necessary information to prepare the final draft of the budget. In accordance with State law, the Mayor 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 hearing on the budget held on Tuesday, August 22. The Town Council is scheduled to take final action on the budget and tax rate on Tuesday, September 12. The FY 2006-2007 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 to be financed by property tax collections includes: Debt Type Original Debt Purpose Amount Series 1996 $805,000 Elevated storage tank and water line Certificates of Obliqation 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 land acquisition Series 2006 $12,000,000 Water, sewer, and street improvements; Certificates of Obliqation Town facilities; and land acquisition *A portion of the Series 2001 Certificates of Obligation is financed by the Water and Sewer Fund To support the Town's debt, the I&S portion of the Town's FY 2006-2007 tax rate is proposed to be 31.4268 cents per $100 of assessed value of taxable property. Using this I&S rate, the Town's overall tax rate becomes 49.8817 cents per $100 of assessed value of taxable property as the Town's M&O rate of 18.4549 cents per $100 of assessed value of taxable property remains constant. In comparison, the Town's 2004 tax rate was 47.97 following the issuance of the Series 2004 Certificates of Obligation. Last year, the Town Council reduced the tax rate to 40.5385. The Town's Tax Assessor/Collector has calculated the Town's 2006 effective tax rate to Town of Prosper FY 2006-2007 Budget Page 3 of 8 be 34.2241 cents and the adjusted rollback rate to be 51.9958 cents per $100 of assessed value of taxable property. General Fund The General Fund is the operating fund of the Town. 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, Municipal Court, Parks and Recreation, Planning, Police, and Streets. Revenues The following revenue sources of the General Fund should be noted: 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 2006-2007 at a rate equal to the monthly average of the last 12 months. Since a sizeable percentage of the Town's tax base in derived from the building industry (batch plants, lumber, and landscaping), this conservative projection is made to protect the Town from an unfortunate scenario in which activity in the building industry were to decline. Permit Fees — Revenues projected from permit fees are based on FY 2005-2006 end of year revenue projections. In addition, the fees of pending projects were also considered. Property Tax — The Town's maintenance and operations (M & O) portion of the tax rate is proposed to be 18.4549 cents per $100 of assessed value of taxable property, the same M&O rate as last year. The following chart provides a comparison of Collin County cities and their FY 2005-2006 tax rates. Tax2005 2006 2005 f Jurisdiction M &O II &S 'Total ALLEN 0 376240 0.182760 0.559000 ANN..,, I, A n....... .. ......n 0.525000 .._.. ,.M. 0.525000 UE RIDGE 0.569974 0.569974 ` CELINA0.450355 0.289645 0.740000 ! DALLAS 0.741700 ... FAIRVIEW 0.151310 0.193690 0.345000 FARMERSVILE 0.448390 0.097615 0.546005 FRISCO .,... 0.2211721 0.223172 0.4"4" 444893 JOSEPHINE 447184 0 44718... ... �.0 . . ,...., . . .. 4 LAV ON 0.414500 0.414500 LOWRY CROSSING 10.229777 0.229777 LUCAS 0'.243510"[0.13309'0 J 0'."376600 0 .....� ..._ �. .., J Town of Prosper FY 2006-2007 Budget Page 4 of 8 0. 89 8 0.588000 PROSPER �'O'.'184549 10220836 0,405385 SACHSE 0.481157 10.077162 �0.558319 WYLIE 0.561947 0.695000 One should note that three ofthe five largest cities in Collin County, /Uhm (55.9). Frisco (44.4893). McKinney(58.8), Plano (4N5.35). and Richardson (52.516). had 2005 tax rates that exceeded SO cents per $100 of assessed value of taxable property. The two cities with the largest retail and commercial tax bases, Plano and Frisco, had 2005 tax rates inthe 46cent range. The neighboring city of Celina (74.0) and the fast growing cities of Anna (52.5) and Melissa (52.U) also had tax rates that exceeded SOcents in20O5. The Collin County Central Appraisal District indicated that the average single family home price in Prosper for the 2005 year was $355.321. Using Prooper'o tax rate of 0.405385. last year's taxes on an average priced home in Prosper were $1.035.03. In 2004. taxes on an average priced home ($242.3O4) inProsper were $1.1G2.33. When atax rate ofO.4Q8O17io applied to the current average home price of$280,800, taxes calculate to be $1.400.08. Expenditures The following are some of the expenditures proposed to be financed by the General Fund: ° Building |nopector — VVith the continued residential growth of the Tovvn, an additional Building Inspector will benecessary. * Police Officer — National averages for cities for the number of police officers per 1.000 inhabitants range from just over 1.5 to just over 3.0 with the average in some geographical areas being as low ao 1.2. Having six police officers and a population of approximately 5,800, Prosper has approximately 1.1 officers per 1.800 persons. Two additional officers will raise the average to between 1.3 and 1.4 and increase the number of hours during which more than one officer would be patrolling the community. The budget includes the addition of two police officers — one to be added in October and one tobeadded inApril. � P|anner — The number of meetings with persons interested in developing in Pruope,, the number ofzoning and development plans submitted to the Tnwn, and the number of special projects has generated the need for additional personnel in the Planning area. Town ofProsper Fvu000'uoo7Budget • Finance Clerk — The work associated with general accounting, payroll, budget administration, and accounts payable has created the need to add personnel in the Finance area. By having another person on staff in the Finance area, the Finance/Business Manager will be afforded with additional time to implement improved internal controls. It should be noted that the Town's auditor recommended the additional of Finance personnel in his last report to the Town. • Fire Marshal — A Fire Marshal would be employed by the Town on Monday through Friday during regular working hours. The Fire Marshal would be responsible for making routine fire inspections and would review fire sprinkler plans which are currently reviewed by a third party. The Fire Marshal would also be charged with coordinating the Town's emergency management efforts. The City of Frisco currently provides dispatch services to the Town of Prosper. However, the City of Frisco wishes to discontinue this service for Prosper to allow Frisco to focus on providing the service exclusively to their citizens. With the need to transition away from the City of Frisco's dispatch services, one of the very few options available to the Town is for the Town to provide dispatch services internally. While the Town Council has not authorized the hiring of a Dispatch Manager, the General Fund does include funds to allow for the hiring of a Dispatch Manager in mid-2007. However, the hiring of the position will require the Town Council to approve a budget amendment. 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 and Series 2006 Bond Funds. The Town is in various stages of several projects funded by the Series 2004 Certificates of Obligation. A sewer project involving a series of lift stations, gravity lines, and force mains has been completed. The design of a three million gallon ground water storage tank, a pump station, and water lines to receive and distribute water from the NTMWD was completed last year and construction commenced earlier this summer. Through the purchase of the existing building located at 121 West Broadway Street, the Town was able to defer the construction of a municipal building. The remaining 2004 Bond Funds are planned to be used for a number of pending expenditures, including potential facility improvements, site acquisition for elevated water towers, and contributions towards upsizing several development driven water or sewer lines. The 2006 Bond Fund will be used to; • Construct and improve the Town's water system, including the construction of an elevated water storage tank and water distribution lines; • Acquire, construct and equip municipal park improvements and open space; • Construct and improve roads and streets in the Town and related infrastructure; • Extend, construct and improve the Town's sewer system; • Acquire land and interests in land as may be required in connection with the purposes described above; and/or • Pay legal, fiscal, engineering and architectural fees in connection with these projects. More specifically, it is anticipated that the projects funded by the bond will include the design and construction of a 1.5 million gallon elevated storage tank and associated water lines with an estimated cost of$6,173,000 and land acquisition for a large community park at the approximate cost of$3,041,500. Another infrastructure project that the Town Council may wish to consider is the improvement of Prosper Trail to a four lane divided thoroughfare from Preston Road to Coleman Street to complete an improved linkage from Preston Road to the Dallas North Tollway extension. The estimated cost of this project is $2,800,000. Town of Prosper FY 2006-2007 Budget Page 6 of 8 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 The following revenue sources of the Water and Sewer Fund include: • Water and Sewer Initiation Fees • Water, Sewer, and Solid Waste Fees Expenditures The following are some of the expenditures proposed to be financed by the Water and Sewer Fund: • NTMWD Water Fees and Sewer Fees — With the anticipated completion of the ground storage tank and pump station near Custer Road and US 380 and the completion of the NTMWD's Prosper/McKinney sewer line in the spring of 2007, the Town will begin to pay the NTMWD for treated water and wastewater treatment. Although the Town will be purchasing additional water from the NTMWD, the cost for water purchases is projected to decrease slightly because the Town will no longer be paying the City of Frisco for water transportation fees. • AMR (automatic meter reading) System — Funds are included in the Water and Sewer Fund to begin implementation of the AMR system. Anticipating the implementation of an AMR system and that the AMR system will reduce the amount of time that the Public Works employees spend reading meters, no new personnel were included in the budget of the Public Works department. Special Revenues (Impact Fees and Park Fees) Fund The Special Revenues Fund includes water, sewer, and thoroughfare impact fees and park improvement and dedication fees. Based on local and State legislation, the Town is restricted on how the fees and revenue 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 these fees is difficult to project for several reasons. First, park fees are tied directly to the final acceptance of projects and it is somewhat difficult to predict when projects that generate these fees will be commence and when they will be completed. Next, impact fees are not collected with all building permits because some fees were previously waived as compensation for infrastructure that was constructed by the developer or the fees are collected and then reimbursed for the same reason. Finally, some fees that are projected to be collected may actually be waived and applied as compensation towards the construction of infrastructure, acquisition of a park, or completion of park improvements by a developer. Because these fees are so variable, the Town does not heavily rely on funding projects by fees not already collected. However, it is certainly appropriate to use fees that have already been collected. Should projections hold true, water and sewer impact fees will be used to participate in the upsizing of water and sewer lines constructed with pending development projects. In addition, the Town has secured a commitment from Collin County to participate in the cost of improving East First Street (C.R. 79)from Coit Road to Custer Road. This project will be funded by thoroughfare impact fees. Town of Prosper FY 2006-2007 Budget Page 7 of 8 Economic Development Corporation Fund The Economic Development Corporation Fund is financed by a '/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 derives its revenues from a '/2 cent State sales tax. Revenues for the FY 2006-2007 budget are based on collections of $41,000 per month resulting in projected receipts of$500,000 for the new budget year, exclusive of estimated interest revenue of$20,000. Expenditures Projected expenditures for FY 2006-2007 total $324,834 compared to $279,290 in the FY 2005- 2006 budget. The FY 2006-2007 budget does not reflect any specific 4A-authorized projects for land, buildings, equipment or targeted infrastructure improvements. The Economic Development Corporation will request budget amendments as individual projects are identified or incentive requests are considered. Summary As a rapidly growing community, Prosper must extend its infrastructure of water, sewer, and streets to underserved commercial areas in order to attract and service retail, commercial and office developments that will diversify the Town' s tax base. In addition, the Town must employ a staff that can continue to provide existing services while striving to meet the demand for new and enhanced services. Currently, Prosper is in the process of transitioning its water and wastewater services from self-sufficient delivery and treatment systems to the NTMWD, a regional source of surface water and wastewater treatment. These changes are expensive, but necessary. Just as past Town Councils have faced the challenges of a growing community, future Councils and Town and EDC staff will continue to strive to meet the demand for new and enhanced services for the Town's residents. Questions regarding the FY 2006-2007 budget may be directed to Town Hall at(972) 346-2640. Town of Prosper FY 2006-2007 Budget Page 8 of 8 up CD F PV TOWN ORGANIZATIONAL C T Citizens of Prosper Mayor and Town Council Boards and Committees Town Administrator Economic Development Comoralio Administration Dept. Parks and Recreation TownSecretary/ C rrp�Yktee C imrrrta Yceions Planning&Zoning Cop��ntYss�� Finance/Business Board of Ady Constr Board Fire Department of,Aooeals Youth Advisory Board Police Department Municipal Court Development Services Planning(Parks Building Inspections Town Engineer Public Works Department Town Attorney Municipal Judge 1007 P4 F F'Y 2006 2007 ADOPTED BUDGET SUMMARIES e � ro �Mwm-wl . October 1, 2006 - September 30, 2007 IISPER Town of Prosper Fiscal Year 2006 - 2007 Adopted Budget CONSOLIDATED STATEMENT A B C D Projected Adopted Actual 2004 Budgeted Year End Budget 2005 2005-2006 2005-2006 2006-2007 GENERAL FUND REVENUES 3,617,125 3,497,306 3,687,653 4,358,791 EXPENDITURES 2,977„586 3,424,393 3,551,447 4,300,959 NET REVENUES OVER (UNDER) EXPENDI5391 77,9131 1376,206 7,832 WATER/SEWER FUND REVENUES 2,266,330 2,445,397 3,035,625 3,265,665 EXPENDITURES 1,97'5,444 2,198,872 2,031,988 3,046,653 NET REVENUES OVER (UNDER) EXPENDITOREq 20,996 246,5231 1,303,6371 219,012 DEBT SERVICE FUND REVENUES 955,092 902,126 915,926 1,791,055 EXPENDITURES 1,301,050 835,321 1,065,321 1,706,683 ET REVENUES OVER(UNDER EXPENDITURE (345,958)1 66,805 (149,095) 84,372 CAPITAL PROJECTS FUND REVENUES 254,853 230,000 12,320,000 165,500 EXPENDITURES 40,172 9,130,400 1,273,940 19,422,738 NET REVER099 OVER ('IJMER) EXPENDITUREq 214,681 1 (8,9()0,400)1 11,U46,0601 (19,257,238) SPECIAL REVENUE FUND REVENUES 1,140,030 1,396,900 998,765 1,815,744 EXPENDITURES 101„754 851,350 816,579 1,090,188 NET REVENUES O ER (UNDER) EXE DITURE 1,039',276 545,555 182,186 7 25,556 ECONOMIC DEVELOPMENT CORP. REVENUES 481,764 436,150 490,000 520,000 EXPENDITURES 162,381 279,290 279,292 324,944 NET R "VENUES OVER (UNDER) E PENDIT-1'R31 156,860 210,7081 195,056 Town of Prosper u a r OF' Fiscal Year 2006-2007 111) S 1 R Summary of Revenues - By Department Adopted Account FY 04/05 FY 05/06 FY 05/06 FY 06/07 Description Actual Budget Projected Budget General Fund Administration $ 2,450,903 $ 2,518,320 $ 2,565,302 $ 3,237,121 Police $ 204,479 $ 46,175 $ 46,300 $ 50,700 Court $ 93,075 $ 95,450 $ 95,450 $ 105,200 Fire $ 266,221 $ 272,354 $ 272,354 $ 157,000 Streets $ - $ $ - $ - Parks/Recreation $ $ $ $ Communication $ - $ - $ - $ - Inspections $ 517,809 $ 532,907 $ 679,547 $ 742,740 Planning $ 84,528 $ 60,100 $ 57,000 $ 66,000 General Fund Totals $ 3,617,016 $ 3,525,306 $ 3,715,953 $ 4,358,761 Water&Sewer Fund $ 2,266,330 $ 2,445,397 $ 3,035,625 $ 3,265,665 Interest&Sinking Fund $ 955,092 $ 902,126 $ 915,926 $ 1,791,055 Special Revenue Fund Park Dedication Fees $ 115,112 $ 300,000 $ - $ 255,000 Park Improvement Fees $ 211,550 $ 294,200 $ 155 $ 352,000 Water Impact Fees $ 345,272 $ 289,800 $ 415,000 $ 419,696 Wastewater Impact Fees $ 248,945 $ 250,050 $ 311,460 $ 363,648 Thoroughfare Impact Fees $ 219,151 $ 262,850 $ 272,150 $ 425,400 Special Revenue Fund Totals $ 1,140,030 $ 1,396,900 $ 998,765 $ 1,815,744 Capital Projects Fund Series 2004 Bond $ 254,853 $ 230,000 $ 320,000 $ 100,000 Series 2006 Bond $ - $ - $ 12,000,000 $ 65,500 Capital Projects Fund Totals $ 254,853 $ 230,000 $ 12,320,000 $ 165,500 Totals $ 8,233,321 $ 8,499,729 $ 20,986,269 $ 11,396,724 EDC Fund $ 481,764 $ 436,150 $ 490,000 $ 520,000 Totals $ 8,715,085 $ 8,935,879 $ 21,476,269 $ 11,916,724 Town of Prosper FY 2006 - 2007 Budget Consolidated Fund Revenue Summary Special Revenue 15% Interest&Sinking 15% �,„ Capital Projects 1% EDC 4% Water&Sewer 27% General Fund 38% I' SPER, Town ofProsper TO N OF Fiscal Year 2006-2007 Summary of Expenditures By Department Adopted Account FY 04/05 FY 05/06 FY 05/06 FY 06/07 Description Actual Budget Projected Budget General Fund Administration $ 821,555 $ 636,260 $ 656,981 $ 776,744 Police $ 750,021 $ 817,438 $ 758,190 $ 992,987 Court $ 46,650 $ 100,709 $ 115,557 $ 111,467 Fire $ 814,313 $ 1,040,282 $ 1,053,515 $ 1,264,264 Streets $ 174,193 $ 285,033 $ 360,948 $ 339,341 Parks/Recreation $ 26,259 $ 44,773 $ 51,473 $ 86,418 Communication $ 11,060 $ 24,861 $ 24,861 $ 22,016 Inspections $ 213,378 $ 305,783 $ 340,982 $ 494,213 Planning $ 120,158 $ 169,253 $ 188,940 $ 213,509 General Fund Totals $ 2,977,587 $ 3,424,393 $ 3,551,447 $ 4,300,959 Water&Sewer Fund $ 1,975,444 $ 2,198,872 $ 2,031,988 $ 3,046,653 Interest&Sinking Fund $ 1,301,050 $ 835,321 $ 1,065,321 $ 1,706,683 Special Revenue Fund Park Dedication Fees $ 6,738 $ $ - $ Park Improvement Fees $ $ 81,000 $ 20,700 $ - Water Impact Fees $ - $ 275,000 $ 256,840 $ 796,888 Wastewater Impact Fees $ 47,508 $ 75,000 $ 269,520 $ - Thoroughfare Impact Fees $ 47,508 $ 420,350 $ 269,519 $ 293,300 Special Revenue Fund Totals $ 101,754 $ 851,350 $ 816,579 $ 1,090,188 Capital Projects Fund Series 2004 Bond $ 40,172 $ 9,130,400 $ 1,273,940 $ 7,357,238 Series 2006 Bond $ - $ $ - $ 12,065,500 Capital Projects Fund Totals $ 40,172 $ 9,130,400 $ 1,273,940 $ 19,422,738 Totals $ 6,396,007 $ 16,440,336 $ 8,739,274 $ 29,567,221 EDC Fund $ 162,381 $ 279.290 $ 279,292 $ 324,944 Totals $ 6,558,388 $ 16,719,626 $ 9,018,566 $ 29,892,165 Town of Prosper FY 2006 - 2007 Budget Consolidated Fund Expenditure Summary Capital Projects 65% EDC 1% Special Revenue I Water&Sewer General Fund 4% Interest &Sinking 10 /° ° 14 6% /° ..... iii\ ADOPTEDI opF -f> F., F:Y 2006 - 2007 GENERALFUND y elm 0 Is i j October 1, 2006 - September 30, 2007 Town of Prosper FY 2006 - 2007 Budget General Fund Revenue Sources Fines,warrants and Charges for services seizures 4% 2% Contributions y Inv Inc f / Licenses,fees,and % Miscellaneous/r ,---- �% permits Property Tax 26% r 4Y Franchise Fees ,, 5% ","—Sales Tax 37% Town of Prosper FY 2006 - 2007 Budget General Fund Revenues by Department Administration 74% Police ......... 1% Court Planning Inspections Fire 2% 2% 17% 4% Town of Prosper FY 2006 - 2007 Budget General Fund Expenditure Communication 1% Inspections 11% Planning Parks/Recreation % Administration 2% 5� 18% Streets r Fire Police 29% 23% Court 3% Town of Prosper w C.,) T FY 2006-2007 Town Budget General Fund Summary Fund Balance/Reserves Adopted Account FY 04/05 FY 05/016 FY 05/06 FY 06/07 Description Actual Budget Projected Budget GENERAL FUND REVENUES Taxes: Property $ 620,846 $ 756,795 $ 756,995 $1,050,041 Sales $1,407,444 $ 1,362,125 $ 1,362,125 $1,603,800 Franchise $ 206,493 $ 139,500 $ 148,882 $ 202,980 Licenses,fees,and permits $ 738,810 $ 840,582 $ 928,847 $1,148,740 Charges for services $ 244,695 $ 259,754 $ 259,754 $ 172,000 Grants $ 101,364 $ $ $ Investment Income $ 27,383 $ 14,550 $ 40,150 $ 43,200 Fines,warrants and seizures $ 92,889 $ 95,300 $ 95,300 $ 105,000 Contributions $ 69,279 $ 26,600 $ 26,600 $ 30,000 Miscellaneous $ 62,922 $ 2,100 $ 69,000 $ 3,000 Total Revenues $3,572,125 $ 3,497,306 $ 3,687,653 $4,358,761 EXPENDITURES Current: General Government $ 524,433 $ 661,121 $ 681,842 $ 796,780 Police Department $ 622,915 $ 837,704 $ 793,303 $1,005,119 Fire Department $ 719,799 $ 986,069 $ 999,302 $1,178,914 Streets $ 164,643 $ 274,283 $ 350,198 $ 339,341 Parks and Recreation $ 26,259 $ 44,773 $ 51,473 $ 86,418 Inspections $ 177,652 $ 287,798 $ 307,148 $ 476,149 Planning $ 115,868 $ 169,253 $ 188,440 $ 211,709 Capital Outlay $ 525,149 $ 163,392 $ 179,741 $ 206,529 Total Expenses $2,876,718 $ 3,424,393 $ 3,551,447 $4,300,959 Excess/(If..)of c.A) $ 695,407 $ 72,913 $ 136,206 $ 57,802 OTHER FINANCING SOURCES(USES) Capital Leases $ 45,000 $ - $ _ $ Transfers(out) $ (100,366) $ $ $ Transfer Out for Debt Service $ - $ $ Total Other Financing Sources(uses) $ (55,869) $ - $ $ Net change in fund balances $ 639,538 $ 72,913 $ 136,206 $ 57,802 Fund Balance,beginning(as stated) $1,181,170 $ 1,820,708 $ 1,820,708 $1,956,914 Fund Balance,ending $1,820,708 $ 1,893,621 $ 1,956,914 $2,014,717 16%Reserve Calculation: Less Restricted Funds-Contributions Police&Fire Donations-Utility (59,562) $ (64,000) $ (64,000) $ (70,500) Escrow for sideways, etc (57,044) $ (224,.000) $ (224,000) $ (224,000) Court Security Fund-May,2005 (3,114) $ (4x744) $ (4,744) $ (2,944) Balance of Unrestricted Funds $1,700,989 $ 1,600,878 $ 1,664,171 $1,717,273 16% Reserve $ 460,275 $ 547,903 $ 568,231 $ 688,153 Amount over/(under) Reserve $1,240,714 $ 1,052,975 $ 1,095,939 $1,029,119 Actual Reserve% 59.13% 46.75% 46.86% 39.93% Ad Valorem Taxes General Fund Debt Service Total Market Value $ 551,363,655 $ 551,363,655 Tax Rate Per$100 0.184549 0.314268 Tax Collections $ 1,017,536 $ 1,732,760 Tax Collections-Freeze $ 26,305 $ 44,795 Total Tax Collections $ 1,043,841 $ 1,777,555 One Cent Equals $ 56,562 $ 56,562 37% 63% Tax Rate Distribution FY 2006-2007 Debt Service General Fund 63% ago! 37% PER $100 VALUATION 2005/2006 2005/2006 General Fund Tax Rate (M &O) 0.184549 0.184549 Debt Serice Tax Rate ( I & S) 0.220836 0.314268 Total Tax Rate 0.405385 0.498817 ADMINISTRATION/COMMUNICATION �, y to p�"'�17��r1p� ��f�ir �Y �U � � � � � ✓ %y�� "fir � � '�;;a�j/j .,,,i�,��i��r��r��r0 Town Administrator Douulas Mousel Assistant to the Town Administrator' Sara Thetford Town Secretary Communications Finance/Business Manager Matthew Deuton Ron Sutler Accounts Payable/Finance Clerk Karen Gill Utility Billing Clerk Revenue & Expense Summar rojecte op e Actual 2004- Budgeted Year End Budget 2005 1 2005-2006 2005-2006 2006-2007 I'Revenues 2,460,913 2,518„320 2,656,302 3,237,1 1 Expenditures 832,615 66 ,121 681,842 798,760 Town of Prosper Departmental Budget O W N 0�° Fiscal Year, 2006-2007 �` 7 Summary of Revenue Fund: GENERAL FUND 10 Department: ADMINISTRATION 10 A B C D Revenue Projected Actual Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 4030 Miscellaneous $ 284 $ - $ $ - 4035 3%Construction Insp Fees 122,551 204,000 150,000 295,000 4060 NSF Fees - - 300 300 4105 Tax Revenue- Delinquent 3,224 2,000 2,000 2,000 4110 Tax Revenue- Current 611,286 750,795 750,795 1,043,841 4115 Penalty & Interest 6,336 4,000 4,200 4,200 4120 Sales Tax- Gen. Fund 1,407,444 1,360,585 1,360,585 1,602,000 4130 Mixed Beverage Sales Tax - 1,540 1,540 1,800 4140 Franchise Fee- Electric 135,841 104,500 104,500 143,200 4150 Franchise Fee-Telephone 16,765 14,800 14,800 24,180 4160 Franchise Fee- Gas 19,459 18,000 26,682 30,000 4180 Franchise Fee- Other 34,428 100 - - 4190 Franchise Fee-Cable - 2,100 2,900 5,600 4200 T-Mobile -$1500/month x 12 - 18,000 18,000 18,000 4205 Panaband -$1500/month x 12 - 18,000 18,000 18,000 4215 Annexation Fees 3,560 2,000 2,500 2,500 4218 Administrative Fees-EDC - 1,500 1,500 1,500 4610 Interest Income 27,087 14,400 40,000 43,000 4910 Other Revenues 14,489 2,000 67,000 2,000 4915 Escrow 48,149 - - - 4995 Transferin Totals $ 2,450,903 $ 2,518,320 $ 2,565,302 $ 3,237,121 Town of Prosper Departmental Budget )WN OF Fiscal Year, 2006-2007 • ° s Summary of Expenditures Fund: GENERAL FUND 10 Department: AI0N 41STRATI,ON 10 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5110 Salaries &Wages $ 167,327 $ 230,106 $ 230,106 $ 275,201 5115 Salaries-Overtime 87 400 400 400 5120 Salaries- Leave Time - - 4,242 5140 Salaries - Longevity 925 1,725 1,725 1,875 5145 Social Security Expense 10,305 14,374 14,679 17,204 5150 Medicare Expense 2,441 3,362 3,433 4,023 5155 SUTA Expense 503 1,080 1,080 1,350 5160 Health Insurance 12,462 16,001 16,001 22,167 5165 Dental - 1,462 1,462 1,996 5170 Life Insurance/A D & D - 135 562 225 5173 AD & D - 27 100 5175 TML Expense(Insurance) 56,257 75,300 97,055 115,700 5180 TMRS Expense 8,794 13,921 14,548 17,367 5185 Short/Long Term Disability 1,866 3,052 3,052 3,781 5190 Contract Labor 3,620 3,900 3,900 5,200 5191 Hiring Cost - 79 80 5193 Record Retention - 15,000 15,000 15,000 5210 Supplies 19,771 10,928 10,928 12,060 5212 Building Supplies - 1,800 1,800 2,100 5220 Office Equipment - 600 600 2,720 5230 Dues School Subscriptions 7,488 3,654 3,000 4,770 5240 Postage& Delivery 2,025 1,982 1,200 2,916 5250 Publications 7,647 870 870 875 5260 Advertising - - - 5270 Bank Charges 134 - 30 270 5280 Printing & Reproduction 4,836 2,708 1,800 2,380 5290 Miscellaneous 7,206 6,810 6,810 - 5310 Rental Expense 29,896 - 1,003 1,200 5312 Equipment Lease - - - - 5320 Repair& Maintenance 544 - - - 5325 Copier Lease - 9,220 6,000 7,200 5330 Copier Expense 100 100 300 5335 Radio/Vedio Repairs - - - 5340 Building Repairs - 1,000 500 5,000 5350 Vehicle Expense 3,750 6,750 6,750 6,750 5410 Professional Services 46,357 - - 20,000 5412 Audit Fees - 19,000 21,000 23,000 5414 Tax Fees - 13,485 13,485 15,860 5416 Engineering Fees - 41,000 41,000 21,000 Fund: GENERAL FUND 10 Department: ADMINISTRATION 10 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5418 IT Fees - 10,100 15,000 20,870 5430 Legal Fees 36,859 50,000 45,000 45,000 5435 Legal Notices/Filings - 7,500 5,000 7,200 5460 Election Expense 7,226 10,000 10,000 10,000 5480 Contracted Services 49,325 21,420 21,420 21,540 5520 Telephone 20,287 4,320 10,000 9,920 5521 Cell Phones - 3,600 2,500 3,600 5522 Pagers - 120 200 - 5524 Gas - 1,560 - - 5525 Electricity - 6,000 12,000 11,520 5530 Travel/Meals/Lodging Expense 5,826 2,860 2,860 6,710 5532 Entertainment - 200 200 5,000 5533 Mileage Expense - 2,334 2,000 4,100 5536 Training/Seminars - 11,935 5,000 9,060 5538 Training/Seminars- Council - 4,560 1,500 4,600 5600 Special Events - - - 5,675 6110 Capital Expenditures 200,371 - - 6140 Capital Expenditures-Equip 6,552 - 1,980 6160 Capital Expenditures-Vehicles - - - - 7142 Transfers to W/S $ 100,868 Totals $ 821,555 $ 636,260 $ 656,981 $ 776,744 Town of Prosper Departmental Budget 5"N, t Fiscal Year, 2006-2007 Summary of Expenditures P11 'Fund: GENERAL FUND 10 Department: Communication 95 A B C D Expenditures Actual Budgeted Projected Adopted Budget Account Expense FY Current Fiscal Expense Current for Code Title of Account 2004-2005 Year 2005-2006 FY 2005-2006 FY 2006-2007 5190 Contract Labor $ - $ 4,800 $ 4,800 $ 4,800 5210 Supplies 2,251 1,916 1,916 1,916 5230 Dues School Subscriptions 920 415 415 - 5240 Postage& Delivery 250 1,500 1,500 1,250 5250 Publications 100 420 420 40 5265 Promotional Expense - 2,500 2,500 2,500 5280 Printing & Reproduction 6,325 11,360 11,360 10,170 5290 Miscellaneous - 310 310 - 5530 Travel/Meals/Lodging Expense 823 945 945 845 5536 Training/Seminars - 695 695 495 6140 Capital Expenditures-Equip 390 - - - Totals $ 11,060 $ 24,861 $ 24,861 $ 22,016 P'OL C JCO1 T Poli7ar Kirk CoDLIgh�oot Am Police Captain Gary McHone School Resources Police Officer Police Officer Police Officer ED �Ijl Officer Robert Golden Paul Norris Michael Goodman Jason Baxter Revenue & Expense Summary rojec a opte Actual Budgeted Year End Budget 2004-2005 2005-2006 2005-2006 2006-2007 Revenues 297,5541 141,625 141,750 1 155,000 B peinditulres 706„671 1 916„147 ""''873,,747,1 1,104„454 . .., Town of Prosper �" Departmental Budget F 0.'" 1 �F, Fiscal Year, 2006-2007 °, Summary of Revenue Fund: GENERAL FUND 10 Department: Police 20 A B C D Revenue Projected Actual Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 4030 Miscellaneous $ - $ - $ - $ - 4230 Other Permits 5,900 - - - 4440 Accident Reports 200 100 200 200 4450 Alarm Permits - 4,075 4,100 5,500 4510 Grants 100,000 - - - 4520 Resource Officer Reimb. - 28,000 28,000 30,000 4530 Contributions 53,379 14,000 14,000 15,000 4910 Other Revenues - - - - 4920 Lease/Purchase Proceeds 45,000 - Totals $ 204,479 $ 46,175 $ 46,300 $ 50,700 Town of Prosper Departmental Budget ° Fiscal Year, 2006-2007 " !" - Summary of Expenditures Fund: GENERAL FUND 10 Department: Police 20 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5110 Salaries &Wages $ 306,368 $ 315,602 $ 310,560 $ 422,970 5115 Salaries -Overtime 24,698 20,000 25,950 17,500 5120 Salaries- Leave - 1,450 - 5140 Salaries - Longevity 5,000 5,475 5,475 5,750 5145 Social Security Expense 20,830 21,147 20,924 27,666 5150 Medicare Expense 4,871 4,946 4,894 6,470 5155 SUTA Expense 1,378 1,890 398 2,430 5160 Health Insurance 29,763 29,869 27,176 37,684 5165 Dental - 2,729 2,432 3,394 5170 Life Insurance 6,914 252 1,348 383 5171 Life Insurance Supplemental - 13,800 8,229 9,819 5173 AD & D - 50 244 5180 TMRS Expense 17,466 20,056 22,848 27,894 5185 Short/Long Term Disability 3,334 4,502 2,092 5,673 5190 Contract Labor 1,160 1,920 1,920 5,520 5191 Hiring Cost - 250 1,580 5192 Physical & Psychological - - 850 3,400 5205 Contribution Expense 8,365 12,500 19,000 15,000 5210 Supplies 29,651 8,150 8,150 9,300 5212 Building Supplies - 2,500 2,100 2,525 5214 Tactical Supplies - 2,350 2,350 800 5215 Ammunition - 3,500 3,500 5,500 5220 Office Equipment - - - 800 5230 Dues and Subscriptions 8,105 1,500 1,300 2,500 5240 Postage & Delivery 326 750 400 750 5250 Publications 900 700 700 1,225 5260 Advertising - - - 850 5265 Promotional Expense 2,250 5280 Printing & Reproduction 2,155 - 1,200 2,300 5290 Miscellaneous 1,236 4,100 4,100 - 5310 Rental Expense 4,342 7,900 8,650 9,620 5320 Repair & Maintenance 9,076 6,500 4,800 5,900 5325 Copier Lease - 2,100 1,900 3,000 5330 Copier Expense - 500 - 5340 Building Repairs - 500 500 1,000 Fund: GENERAL FUND 10 Department: P01'ice20 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code I Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5350 Vehicle Expense 27,851 18,795 18,000 20,000 5353 Gas/Grease/Oil/Inspections - 48,155 25,000 35,000 5400 Uniform Expense - 7,900 7,900 7,300 5410 Professional Services 8,007 750 950 1,500 5418 IT Fees - 6,000 6,000 10,750 5430 Legal Fees 2,166 2,500 2,500 3,500 5450 Dispatch Expense 37,332 92,000 64,000 92,750 5480 Contracted Services - 24,706 24,706 29,900 5520 Telephone 12,793 8,700 6,500 9,800 5521 Cell Phones - 6,000 3,500 5,000 5522 Pagers - 600 450 - 5524 Gas _ 900 450 900 5525 Electricity - 3,600 3,000 3,000 5530 Travel Expense 2,179 3,600 3,600 4,000 5533 Mileage Expense - 1,500 1,250 1,000 5335 Radio/Video Repairs - 3,250 3,250 6,250 5536 Training/Seminars 12,250 11,000 14,500 5600 Special Events - - 3,950 5630 Safety Equipment - - - 1,350 5640 Signs & Hardware - - - 1,750 6110 Capital Expenditures 17,710 18,500 18,500 3,725 6140 Capital Expenditures-Equip 28,574 14,000 14,000 18,200 6160 Capital Expenditures-Vehicles 127,472 47,944 47,944 77,410 Totals $ 750,021 $ 817,438 $ 758,190 $ 992,987 °° ti Town of Prosper Departmental Budget Fiscal Year, 2006-2007 Summary of Revenue Fund: GENERAL FUND 10 Department: Court 70 A B C D Revenue Projected Actual Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 1 2005-2006 FY 2006-2007 4410 Fines $ 92,889 $ 95,300 $ 95,300 $ 105,000 Security Fee 4610 Interest Income 186 150 150 200 4910 Other Revenues 4995 Transfer In Totals $ 93,075 $ 95,450 $ 95,450 $ 105,200 Town of Prosper Departmental Budget "W N � Fiscal Year, 2006-2007 Summary of Expenditures Fund: GENERAL FUND 10 Department: Court 70 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5110 Salaries &Wages $ - $ 35,671 $ 35,971 $ 38,930 5115 Salaries - Overtime - 3,500 5,028 800.00 5140 Salaries - Longevity 1,000 1,000 1,000 5145 Social Security Expense - 2,491 3,050 2,525 5150 Medicare Expense _ 582 714 591 5155 SUTA Expense - 270 100 270 5160 Health Insurance - 4,267 4,267 4,433 5165 Dental - 390 390 399 5170 Life Insurance - 36 122 45 5173 AD&D - 7 22 - 5180 TMRS Expense - 2,370 2,792 2,540 5185 Short/Long Term Disability - 526 526 133 5210 Supplies _ 5,000 5,000 3,000 5212 Building Supplies _ 550 550 600 5230 Due and Subscriptions - 150 150 350 5240 Postage & Delivery - 250 325 1,100 5250 Publications - 150 150 150 5270 Bank Charges 5 200 100 - 5280 Printing & Reproduction _ 2,500 2,500 1,500 5290 Miscellaneous - 250 250 - 5310 Rental Expense - - - - 5353 Gas/Oil/Inspections - - 5400 Uniform Expense - 300 300 300 5418 IT Fees - 1,200 1,200 1,500 5420 Municipal Court/Judge Fees 6,600 9,500 9,500 9,500 5425 State Fine Expense 40,045 25,000 37,000 38,000 5430 Legal Fees 1,500 1,500 1,000 5520 Telephone - 550 550 200 5530 Travel/Meals/Lodging Expense - 1,000 1,000 1,000 5533 Mileage Expense - 500 500 600 5536 Training/Seminars 1,000 1,000 1,000 6140 Capital Expenditures-Equip - - - Totals $ 46,650 $ 100,709 $ 115,557 $ 111,467 F'IR'E j uP Fire Chief Ronnie Tucker A ShIR B Shift C Shift Fire Captain Fire Captain- Fire Captain Technology Fire Operations EMS Todd Stone Stuart Curtis Smith Blasingame Flreflghter/ Firefighter/ Firefighter/ " Paramedic Paramedic Flreflghter/ Paramedic Flreflghter/ Flreflghter/ Dwayne Nowell Paramedic Scott Dlllberto Paramedic Paramedic Jason Graham Y Heath Harris '.:Eric Morgan Scott Himes Revenue & Expense Summary rojece op e Actual Budgeted Year End Budget 2004-2005 2005-2006 1 2005-2006 1 2006-2007 Revenues 11266,224 1 272,3541 272„054 157,000 Ex endit.ures 814,313 1 1,040,282 1 1,053,515 1 1,264,264 Town of Prosper " Departmental Budget � ` 0 P Fiscal Year, 2006-2007 Summary of Revenue Fund: GENERAL FUND 10 Department: Fire 30 A B C D Revenue Projected Actual Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 4030 Miscellaneous $ - $ - $ $ 4230 Other Permits 4,462 - - - 4310 Charges for Services 243,595 251,754 251,754 134,000 4315 Fire Inspections 850 4,000 4,000 4,000 4410 Fines - - - 4425 Collin Co. Fire Association - 4,000 4,000 4,000 4440 Accident Reports 50 - - - 4510 Grants 1,364 - - - 4530 Contributions 15,900 12,600 12,600 15,000 4610 Interest Income - - 4910 Other Revenues - _ - Totals $ 266,221 $ 272,354 $ 272,354 $ 157,000 ISPERTown of Prosper Departmental Budget 9 YV N 0 F Fiscal Year, 2006-2007 Summary of Expenditures Fund: GENERAL FUND 10 Department: Fire 30 A B C D Expenditures Actual Budgeted Projected Adopted Budget Account Expense FY Current Fiscal Expense Current for Code Title of Account 2004-2005 Year 2005-2006 FY 2005-2006 FY 2006-2007 5110 Salaries&Wages $ 329,598 $ 461,584 $ 461,584 $ 539,732 5115 Salaries-Overtime 85,187 112,908 112,908 112,908 5120 Salaries- Leve Time - - 2,533 - 5140 Salaries -Longevity 5,800 7,300 7,300 6,975 5145 Social Security Expense 25,955 36,071 36,071 40,896 5150 Medicare Expense 6,070 8,436 8,436 9,564 5155 SUTA Expense 1,546 3,780 3,780 4,320 5160 Health Insurance 28,035 38,403 38,403 44,334 5165 Dental - 3,509 3,509 3,992 5170 Life Insurance 5,815 324 324 450 5171 Life Insurance Supplement - 7,566 7,566 7,566 5173 AD&D 65 65 5180 TMRS Expense 18,802 34,757 34,757 41,253 5185 Short/Long Term Disability 3,604 6,547 6,547 6,022 5190 Contract Labor 2,177 2,220 2,220 2,320 5191 Hiring Cost - 200 200 200 5193 Record Retention 240 240 240 5194 Fire Dept Annual Phy&Health Screening - 11,823 11,823 16,200 5205 Contribution Expenses 3,826 6,500 6,500 8,500 5210 Supplies 38,704 8,000 8,000 11,000 5212 Building Supplies 4,200 4,200 4,700 5220 Office Equipment - 1,500 1,500 1,500 5230 Dues and Subscriptions 16,665 1,315 1,315 1,790 5240 Postage&Delivery 151 500 500 500 5250 Publications - 250 250 250 5260 Advertising - - 500 5280 Printing &Reproduction - 500 500 500 5290 Miscellaneous 26,393 2,750 2,750 5291 Volunteer Firemen Expense - - - 5320 Repair& Maintenance 14,456 12,400 12,400 18,400 5325 Copier Lease - - - 5330 Copier Expense 250 250 250 5335 Radio/Video Repairs 11,700 11,700 21,450 5340 Building Repairs - 3,000 3,000 13,750 5350 Vehicle Expense 13,315 6,000 6,000 9,650 5353 Gas/Grease/Oil/Inspections - 18,245 18,245 20,350 5400 Uniform Expense - 5,500 5,500 8,000 5410 Professional Services 5,259 - 15,000 5430 Legal Fees - - - - 5440 EMS Expense 49,819 63,508 63,508 75,610 5450 Dispatch Expense 7,408 11,238 11,238 11,140 Fund: GENERAL FUND 10 Department: Fire 30 A B C D Expenditures Actual Budgeted Projected Adopted Budget Account Expense FY Current Fiscal Expense Current for Code Title of Account 2004-2005 Year 2005-2006 FY 2005-2006 FY 2006-2007 5465 Public Relations - 5480 Contracted Services 39 17,730 17,730 28,660 5520 Telephone 29,877 3,300 5,400 5,720 5521 Cell Phones - 4,500 4,500 4,500 5522 Pagers - 1,800 1,800 1,800 5523 Water - 5524 Gas - 6,000 6,000 6,000 5525 Electricity - 14,400 23,000 24,000 5530 Travel Expense 197 1,000 1,000 1,000 5533 Mileage Expense 55 1,500 1,500 1,500 5536 Training/Seminars - 9,000 9,000 9,000 5555 Fire Insurance Expense 1,045 - - 5610 Fire Fighting Equipment 11,500 11,500 12,670 5630 Safety Equipment 22,250 22,250 24,250 6110 Capital Expenditures - - 6140 Capital Expenditures-Equip 94,514 54,213 54,213 17,250 6160 Capital Expenditures-Vehicles - - µ 68,100 Totals $ 814,313 $ 1,040,282 $ 1,053,515 $ 1,264,264 STREETS Public Works Manager h IV VV �� III III - wq •µ Street Superintentlent ou . .. Manuel Para qui moumm�oo� i'!6i8 i1u�fRP1Vi Vii ViM hRN.R II III ' I m MsIOW066o,Wdiker Revenue & Expense Summary r03ec d Adopted Actual Budgeted Year EndBudget 2004-2005 2005-2006 20305-2006 2006-2007 Revenues - Expenditures 174,193 1 265,033 1 360,048 330,341 Town of Prosper Departmental Budget �� If c ��. �� Fiscal Year, 2006-2007 Summary of Expenditures Fund: GENERAL FUND 10 Department: Streets 40 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 1 2005-2006 1 FY 2006-2007 5110 Salaries &Wages $ 55,005 $ 67,897 $ 67,897 $ 57,373 5115 Salaries-Overtime 6,761 5,800 5,800 5,000 5120 Salaries- Leave Time 1,531 - 5140 Salaries - Longevity 1,550 1,863 1,863 2,000 5145 Social Security Expense 3,921 4,325 4,325 3,991 5150 Medicare Expense 917 1,012 1,012 933 5155 SUTA Expense 286 675 675 540 5160 Health Insurance 8,494 10,667 10,667 8,867 5165 Dental - 975 975 798 5170 Life Insurance/AD & D - 90 210 90 5173 AD & D - 18 60 - 5180 TMRS Expense 3,216 4,108 4,108 4,009 5185 Short/Long Term Disability 653 911 911 788 5190 Contract Labor - - - 5191 Hiring Cost - 39 39 40 5210 Supplies 15,065 2,400 2,400 7,000 5290 Miscellaneous _ - - - 5320 Repair& Maintenance 43,277 - - 6,000 5350 Vehicle Expense 2,025 4,000 6,200 6,000 5353 Gas/Grease/Oil/Inspections _ 8,000 8,000 8,000 5400 Uniform Expense _ 1,000 1,000 1,400 5480 Contracted Services 102,250 150,000 128,000 5520 Telephone 23,474 - - 510 5521 Cell Phones - 2,828 600 2,000 5522 Pagers - 5525 Electricity - 20,000 40,000 40,000 5620 Tools & Equipment - 3,025 3,025 6,000 5630 Safety Equipment - 900 900 2,000 5640 Signs & Hardware 3,000 8,000 8,000 5650 Maintenance Materials _ 28,500 30,000 40,000 6110 Capital Expenditures 8,050 3,000 3,000 6140 Capital Expenditures-Equip 1,500 7,750 7,750 W. 6160 Capital Expenditures-Vehicles - - _ - Totals $ 174,193 $ 285,033 $ 360,948 $ 339,341 PARKS & RECREATION r, ° Public Works Manager Parks Maintenance Worker Saul Benitez i iul � i 9 � II Expense Summary Projected Adopted Actual Budgeted Year End Budget 2004-2005 2005-2006 2005-2006 2006-2007 Revenues - I - I - E pensditures 2.6,259 44,7731 51,4731 86,413 Town of Prosper Departmental Budget W,PO F Fiscal Year, 2006-2007 - D�� P E• . µ Summary of Expenditures Fund: GENERAL FUND 10 Department: Parks 60 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5110 Salaries & Wages $ - $ 12,688 $ 12,688 $ 25,690 5115 Salaries - Overtime _ - - 3,000 5140 Salaries - Longevity _ 38 38 75 5145 Social Security Expense 789 789 1,783 5150 Medicare Expense - 185 185 417 5155 SUTA Expense 135 135 270 5160 Health Insurance _ 2,133 2,133 4,433 5165 Dental - 195 195 399 5170 Life Insurance/AD & D - 18 18 45 5173 AD&D - 4 4 - 5180 TMRS Expense 768 468 1,802 5185 Short/Long Term Disability - 170 170 353 5190 Contract Labor - - - 5210 Supplies - 150 150 150 5240 Postage & Delivery - - - 5280 Printing & Reproduction - 500 500 500 5290 Miscellaneous - - - 5320 Repair & Maintenance 3,433 8,000 8,000 9,000 5353 Gas/Oil/Grease/Inspection - - 3,000 5400 Uniforms 300 5480 Contracted Services 11,559 4,000 4,000 4,000 5520 Telephone - - - 900 5523 Water - - - 5525 Electricity 11,268 15,000 22,000 30,000 5630 Safety Equipment 300 6110 Capital Expenditures - - - 6140 Capital Expenditures-Equip - - - - 6160 Capital Expenditures-Vehicles - - - - Totals $ 26,259 $ 44,773 $ 51,473 $ 86,418 INSPECTIONSMODE, ENFORCEMENT tl Director of Development Services E Building Official Bryan Ausenbaugh ti Assistant to the Building Official Permit Technlcatlon Trudy Lingren rrrrrwrrrwrwwwp�ww xxwwwwwxxxxxxwwwwrwwwwwwwwuuuuuumrwwrwr Senior Building Inspector Code Enforcement Officer Steve Freeman David Ledwitz �rrrirrrrrr�srnwl Building Inspector Calvin Owens Revenue & Expense Summary Projected Adopted Actual Budgeted Year End Budget 2004-2005 2005-2006 2005-2006 2006-2007 Revenues 517,809 532,007 679,547 ,1 742,740 Expenditure; 213,378 305,783 340,082 1 484,213 Town of Prosper Departmental Budget G`�� N c,F Fiscal Year, 2006-2007 S.. VE R Summary of Revenues Fund: GENERAL FUND 10 Department: Inspections Code Enforcement 80 A B C D Revenue Projected Budgeted Revenue Adopted Account Actual Revenue Current Fiscal Current FY Budget for Code Title of Account FY 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 4030 Miscellaneous $ - $ - $ $ 4210 Building Permits 506,349 501,807 554,000 606,630 4230 Other Permits 11,461 12,500 102,547 112,290 4240 Plumb/Elect/Mech. Permits - 6,000 6,500 7,120 4242 Re-inspection Fees 10,000 15,000 15,000 4245 Health Inspection Fees - 2,600 1,500 1,700 4910 Other Revenues - - Totals $ 517,809 $ 532,907 $ 679,547 $ 742,740 Town of Prosper Departmental Budget I(' N `' Fiscal Year, 2006-2007 SPER Summary of Expenditures Fund: GENERAL FUND 10 Department: Inspections 80 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005- 2005-2006 FY 2006-2007 5110 Salaries &Wages 113,853 177,961 193,562 290,968 5115 Salaries - Overtime 2,745 3,700 3,700 10,000 5140 Salaries - Longevity 425 1,250 1,075 2,325 5145 Social Security Expense 7,255 11,111 12,330 18,804 5150 Medicare Expense 1,697 2,599 2,884 4,398 5155 SUTA Expense 448 1,215 1,485 2,160 5160 Health Insurance 9,915 18,135 18,135 26,600 5165 Dental - 1,657 1,557 2,395 5170 Life Insurance/AD&D - 153 153 270 5173 AD & D - 31 31 - 5180 TMRS Expense 6,413 10,767 11,329 17,317 5185 Short/Long Term Disability 1,184 2,388 2,512 3,633 5190 Contract Labor 2,360 2,815 1,630 2,300 5191 Hiring Cost - 78 39 160 5210 Supplies 6,167 6,099 6,249 7,200 5212 Building Supplies - 480 480 480 5220 Office Equipment - 300 508 5,300 5230 Dues &Subscriptions 4,293 2,155 2,155 4,527 5240 Postage & Delivery 122 500 500 400 5250 Publications 100 300 300 550 5260 Advertising - 500 500 500 5270 Bank Charges - 200 200 200 5280 Printing & Reproduction 3,532 3,500 3,500 5,255 5290 Miscellaneous 844 250 250 - 5320 Repair & Maintenance 769 1,500 1,500 1,500 5340 Building Repairs - 1,410 1,720 5,000 5350 Vehicle Expense 4,258 2,000 2,000 1,500 5353 Gas/Grease/Oil/Inspections - 6,735 6,735 10,000 5400 Uniform Expense - 1,836 2,236 3,000 5410 Professional Services 1,700 2,300 3,959 4,500 5416 Engineering Fees - 1,500 1,500 1,000 5418 IT Fees -- 3,500 3,500 4,000 5430 Legal Fees 1,274 2,000 2,000 2,000 5465 Public Relations - 400 400 500 5480 Contracted Services 39 14,190 Fund: GENERAL FUND 10 Department: Inspections 80 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005- 2005-2006 FY 2006-2007 5520 Telephone 8,259 6,643 6,643 5,280 5521 Cell Phones - 2,801 4,164 5,200 5525 Electricity - 500 500 500 5524 Gas (Building) 5530 Travel/Lodging/Meals Expense 1,500 700 1,500 5533 Mileage Expense - 500 - 250 5536 Training/Seminars - 3,650 3,650 3,850 5620 Tools & Equipment - 379 379 5,686 5630 Safety Equipment - 500 500 950 6110 Capital Expenditures 3,181 1,121 1,121 1,200 6140 Capital Expenditures-Equip 3,656 - - 6160 Capital Expenditures-Vehicles 28,889 16,864 32,713 16,864 Totals 213,378 305,783 340,982 494,213 PLANNING ROMP Director of Development Services Hulon Webb Town PlannerFHulon n Engineer Claude Thompson Webb VIIII�I ' II IIIIIIIIIIII SIIMal u� �� 9!!I�9V49iU III!!!!!!q!!IIIIIIIIIIIIIIII�IIIVI�IIII�IVIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII ��uuullllilluldlll�li�i Yu��l ��llljjlill�IIIIIIIIIII VVVVVVVVVVVVVVVVVVVVVVVVVVVV Revenue & Expense Summary rotec a Ado ted Actual Budgeted Year End Budget 2004-200512005-200612005-200612006-2007 Revenues 54„525 1 90,1571 '7„000 155 000 Exper>rditt�res120,1581'',..,1,,69,253,,1,,,,, 188,940 2l „509 Town of Prosper Departmental Budget ISPER, ,W" : Fiscal Year, 2006-2007 Summary of Revenue Fund: GENERAL FUND Department: Planning 90 A B C D Revenue Projected Actual Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 4030 Miscellaneous $ $ 100 $ 2,000 $ 1,000 4220 Zoning Fees 48,474 25,000 20,000 25,000 4225 Plat Fees 36,054 35,000 35,000 40,000 4230 Other Permits - - - - 4910 Other Revenues - - - - Totals $ 84,528 $ 60,100 $ 57,000 $ 66,000 Town of Prosper Departmental Budget Fiscal Year, 2006-2007 ;",R Summary of Expenditures Fund: GENERAL FUND 10 Department: Planning 90 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005- J 2005-2006 1 FY 2006-2007 5110 Salaries & Wages $ 75,204 $ 78,667 $ 99,700 $ 106,100 5115 Salaries- Overtime 122 - - - 5120 Salaries- Leave Time - - 4,930 5140 Salaries - Longevity 400 825 650 275 5145 Social Security Expense 4,695 4,929 5,100 6,595 5150 Medicare Expense 1,098 1,153 1,253 1,542 5155 SUTA Expense 261 405 705 540 5160 Health Insurance 4,251 6,400 6,700 8,867 5165 Dental - 585 985 798 5170 Life Insurance - 54 250 90 5173 AD & D - 11 15 - 5180 TMRS Expense 4,067 4,759 5,359 6,664 5185 Short/Long Term Disability 790 1,055 1,055 1,458 5190 Contract Labor 1,525 1,950 1,950 1,950 5191 Hiring Cost - - 78 40 5210 Supplies 6,250 2,000 2,300 2,400 5212 Building Supplies - 300 300 300 5220 Office Equipment - - - 2,500 5230 Dues/Subscriptions 2,357 600 600 5240 Postage & Delivery 41 200 200 200 5250 Publications - - - 5260 Advertising - - - 5280 Printing & Reproduction 823 1,500 1,500 1,000 5290 Miscellaneous 499 - - -- 5310 Rental Expense - - 5320 Repair& Maintenance 410 - _ - 5325 Copier Lease w 2,400 2,400 2,400 5330 Copier Expense - - - - 5340 Building Repairs - 2,000 2,000 3,000 5350 Vehicle Expense - - - - 5410 Professional Services - 40,000 30,000 38,000 5416 Engineering Fees - - - 5418 IT Fees - - 6,470 5430 Legal Fees 6,569 10,000 10,000 8,000 5435 Legal Notices/Filings - - - 2,000 Fund: GENERAL FUND 10 Department: l tannin 90 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005- 1 2005-2006 FY 2006-2007 5480 Contracted Services - - - 5520 Telephone 6,164 3,000 5,000 5,380 5521 Cell Phones - 960 960 1,440 5522 Pagers - 50 - 5523 Water - mm 5524 Gas - 500 - 5525 Electricity 2,400 2,400 500 5530 Meals/Lodging Expense 341 1,000 1,000 1,000 5533 Mileage Expense - 600 600 600 5536 Training/Seminars 1,000 1,000 1,000 6110 Capital Expenditures 1,194 - 500 6140 Capital Expenditures-Equip 3,096 - - 1,800 6160 Capital Expenditures-Vehicles _ - - Totals $ 120,158 $ 169,253 $ 188,940 $ 213,509 m� ... C3 CD F _ PI w „ FY 2006 2007 ADOPTED BUDGET WATER / SEWER FUND .. III ii L. October 1, 2006 - September 30, 2007 PUBLIC WORKS s � r Public Works Director Public Works Wastewater Operator Construction Inspector' star Operator Sherman Brown Michael Smith Devon Kennedy Maintenance Worker Maintenance Worker James Burnitt Tony Acevedo Revenue & Expense Summery Projected dopted Actual 2004 Budgeted Year End Budget 2005 2005-2006 2005-2006 2006-2007 Revenues 2,266,631 377626 ,265,665 Bx enditure 1,976,444 2a1 96872 2,031„96'6 1, 3,046,653 Town of Prosper t" 1 'VV N 0 F1 FY 2006-2007 Town Budget n 14, R , Public Works Fund Summary Net Assets/Reserves Adopted Account FY 04/05 FY 05/06 FY 05/06 FY 06/07 Description Actual Budget Projected Budqet WATER /SEWER FUND OPERATING REVENUES Water and Sewer charges $ 1,888,204 $ 2„174,537 $ 2,706,525 $ 2,928,165 Water and Sewer connections $ 345,820 $ 250,000 $ 265,000 $ 300,000 Service initiation fees $ 9,265 $ 10,000 $ 17,900 $ 12,000 Miscellaneous $ 88 $ 200 $ 21,200 $ 500 Total Operating Revenues $ 2,243,377 $ 2,434,737 $ 3,010,625 $ 3,240,665 NON-OPERATING REVENUES Interest Income $ 22,954 $ 10,660 $ 25,000 $ 25,000 TRANSFERS IN Operating transfers $ 609,027 $ - $ $ - Transfers in from other funds $ - $ $ Total transfers in $ 609,027 $ $ - Total Revenues $ 2,875,358 $ 2,445,397 $ 3,035,625 $ 3,265,665 OPERATING EXPENSES Personnel services $ 190,939 $ 291,195 $ 299,351 $ 449,163 Materials and supplies $ 285,884 $ 410,625 $ 424,535 $ 762,850 Contractual services $ 1,358,260 $ 1,265,862 $ 1,076,912 $ 1,574,000 Depreciation $ 149,242 $ 140,000 $ 140,000 $ 168,000 Total Operating Expenses $ 1,984,325 $ 2,107,682 $ 1,940,798 $ 2,954,013 NON-OPERATING EXPENSES Interest expense and fiscal charges $ 396,807 $ 91,190 $ 91,190 $ 92,640 TRANSFERS OUT Transfers(out)to other funds $ 203,340 $ $ - $ Total Expenses $ 2,584,472 $ 2,198,872 $ 2,031,988 $ 3,046,653 INCOME(L...OSS) $ 290,886 $ 246,525 $ 1,003,637 $ 219,012 Change in Net Assets $ 290,8.86 $ 246,525 $ 1,003,637 $ 219,012 Net Assets, beginning(as stated) $ 3,706,077 $ 3,996,963 $ 3,996,963 $ 5,000,600 Net Assets, ending $ 3,996,963 $ 4,243,489 $ 5,000,600 $ 5,219,613 16%Reserve $ 413,516 $ 351,820 $ 325,118 $ 487,464 Town of Prosper Departmental Budget TOWNS O WN Fiscal Year, 2006-2007 Summary of Revenue Fund: WATER FUND CPUBLIC WORKS) Department: Public Works 50 A B C D Projected Revenue Budgeted Revenue Adopted Budget Account Actual Revenue Current Fiscal Year Current FY for Code Title of Account FY 2004-2005 2005-2006 2005-2006 FY 2006-2007 4000 Water/Sewer Initiation Fee $ 9,265 $ 10,000 $ 17,900 $ 12,000 4005 Water 1,888,204 1,407,041 1,900,000 2,000,000 4006 Sewer - 535,971 540,000 643,165 4007 Sanitation - 231,525 231,525 240,000 4009 Late Fees - - 35,000 45,000 4010 Tap/ Meter Fees 345,820 250,000 265,000 300,000 4030 Miscellaneous 48 - - 4060 NSF Fees 40 200 200 500 4610 Interest Income 22,954 10,660 25,000 25,000 4910 Other Revenues - - 21,000 - Totals $ 2,266,330 $ 2,445,397 $ 3,035,625 $ 3,265,665 Town of Prosper Departmental Budget )W N OF Fiscal Year, 2006-2007 PISPER Summary of Expenditures Fund: WATER FUND 11PUBM WORKS Department: Public Works 50 A B C D Expenditures Projected Budgeted Expense Adopted Budget Account Actual Expense Current Fiscal Current FY for Code Title of Account FY 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5110 Salaries &Wages $ 143,666 $ 212,298 $ 212,298 $ 337,879 5115 Salaries-Overtime 6,668 7,989 13,000 10,000 5120 Salaries- Leave Time - - 3,000 - 5125 Salaries-Sick - - 90 - 5140 Salaries -Longevity 2,650 2,700 1,300 3,375 5145 Social Security Expense 9,211 13,825 13,825 21,778 5150 Medicare Expense 2,154 3,233 3,400 5,093 5155 SUTA Expense 674 1,890 1,890 405 5160 Health Insurance 16,332 29,869 29,869 39,901 5165 Dental - 2,729 2,729 3,593 5170 Life Insurance/AD& D - 252 700 405 5173 AD& D - 50 150 - 5175 TML Expense(Insurance) - - mm - 5180 TMRS Expense 7,478 13,327 14,000 21,972 5185 Short/Long Term Disability 1,479 2,955 2,900 4,642 5189 Administrative Fees - - - - 5190 Contract Labor 627 - - 5191 Hiring Cost - 78 200 120 5193 Record Retention - - 5,000 5210 Supplies 64,616 5,000 5,000 6,000 5212 Building Supplies - 1,000 1,000 1,200 5220 Office Equipment - 2,000 2,000 5,450 5230 Dues&Subscriptions 1,753 1,575 1,575 2,850 5240 Postage& Delivery 4,253 5,000 6,000 8,500 5250 Publications 843 - - 5260 Advertising - 700 700 700 5270 Bank Charges 92 500 500 500 5280 Printing &Reproduction 457 1,150 2,000 2,550 5290 Miscellaneous 1,384 3,500 3,500 - 5310 Rental Expense - 2,000 4,000 2,500 5320 Repair&Maintenance 169,445 - 200 3,000 5321 Signal Lights Repairs - - 200 500 5325 Copier Lease - - - 5330 Copier Expense - 60 500 5335 Radio/Video Repairs - 5340 Building Repairs - 4,000 4,000 8,000 5350 Vehicle Expense 14,174 3,000 4,000 7,000 5353 Gas/Grease/Oil/Inspections 11,000 15,000 20,000 5400 Uniform Expense - 3,000 3,000 3,000 5410 Professional Services 86,899 20,500 20,500 25,000 5412 Audit Fees - 500 500 600 Fund: WATER FUND PUBLIC WORKS Department: Public Work 50 A B C D Expenditures Projected Budgeted Expense Adopted Budget' Account Actual Expense Current Fiscal Current FY for Code Title of Account FY 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5416 Engineering Fees 40,000 50,000 25,000 5418 IT Fees - - 14,300 5430 Legal Fees 107,400 30,000 30,000 20,000 5470 Trash Collection 210,361 237,912 237,912 283,300 5480 Contracted Services 3,381 5,000 5,000 6,000 5520 Telephone 272,343 2,800 2,800 3,200 5521 Cell Phones 5,200 5,200 5,400 5522 Pagers - - - 5524 Gas- Building - 3,300 2,000 4,300 5525 Electricity - 205,800 220,000 400,000 5530 Travel Expense 150 600 - 900 5533 Mileage Expense - 500 100 500 5536 Training/Seminars - 3,450 3,000 6,500 5540 Water Testing 19,479 8,600 10,000 15,000 5545 Meter Purchases - 25,000 40,000 50,000 5550 Water Purchases 394,286 497,200 400,000 489,500 5560 Sewer Management Fees 263,962 180,000 50,000 225,000 5590 Interest Expense 360,542 - - - 5620 Tools&Equipment - 4,500 4,500 5,200 5630 Safety Equipment - 2,000 2,000 2,500 5640 Signs & Hardware 2,000 2,000 2,400 5650 Maintenance Materials 36,000 36,000 40,000 5660 Chemical Supplies 31,000 31,000 31,000 5670 System Improvements - 75,000 80,000 80,000 5680 Lift Stations - - - - 5910 Depreciation 149,242 140,000 140,000 168,000 5911 Amortization 5,046 6,000 6,000 7,200 6110 Capital Expenditures 9,037 130,000 130,000 400,000 6140 Capital Expenditures-Equip 19,832 6,200 6,200 38,000 6160 Capital Expenditures-Vehicles - 80,000 80,000 86,000 6175 1999 Bond Payment 1,403 17,283 17,283 17,283 6180 2001 Bond Payment 29,816 67,907 67,907 68,157 6185 1996 Bond Payment 6190 1998 Bond Payment - - - 6195 2002 Tax Note Payment - 9196 2003 Tax Note Payment - 9197 2004 Bond Payment - 6200 Bond Administrative Fees - - 7145 Transfer from I &S (523,900) - - 7146 Transfer from Bond Fund 161,651 7147 Transfer to GF (85,127) 7148 Transfer to IM Fees Water 41,689 - - Totals $ 1,975,444 $ 2,198,872 $ 2,031,988 $ 3,046,653 m P P IFE0 W .._, ECONOMICFY 2006 - 20,07 ADOPTED BUDGET '"'"'" SIT CORP n ,1 y i October 1, 2006 - September 30, 2007 Town of Prosper :: °" FY 2005-2006 Town Budget R P S P � . Economic Development Corporation Net Assets/Reserves Adopted Account FY 04/05 FY 05/06 FY 05/06 FY 06/07 Description Actual Budget Projected Budget ECONOMIC DEVELOPMENT, OPERATING REVENUES Sales Tax $ 468,659 $ 424,000 $ 470,000 $ 500,000 Unrestricted investment earnings $ 1,720 $ 12,150 $ 20,000 $ 20,000 Miscellaneous $ 11;385 $ $ _ $ - Total Operating Revenues $ 481,764 $ 436,150 $ 490,000 $ 520,000 OPERATING EXPENSES Total Operating Expenses $ 162,381 $ 279,290 $ 279,292 $ 324,944 Total Expenses $ 162,381 $ 279,290 $ 279,292 $ 324,944 INCOME(I OSS) $ 319,383 $ 156,860 $ 210,708 $ 195,056 Change in Net Assets $ 319,383 $ 156,860 $ 210,708 $ 195,056 Net Assets, beginning (as stated) $ 442,075 $ 761,458 $ 761,458 $ 972,166 Net Assets, ending $ 761,458 $ 918,318 $ 972,166 $ 1,167,222 Town of Prosper Departmental Budget ` O W11 F Fiscal Year, 2006-2007 Summary of Revenue Fund: Economic Development Department: EDC A B C D Revenue Projected Actual Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 4030 Miscellaneous $ - $ - $ $ - 4060 NSF Fees - 4120 Sales Tax- EDC 468,659 424,000 470,000 500,000 4530 Contributions - - - - 4610 Interest Income - EDC 1,720 12,150 20,000 20,000 4910 Other Revenues 11,385 - - - Totals $ 481,764 436,150 490,000 520,000 Town of Prosper IvS ) Departmental Budget 0 ° °' Fiscal Year, 2006-2007 PER Summary of Expenditures Fund: Economic Development Department: EDC 65 A B C D Expenditures Projected Actual Budgeted Current Expense Account Expense FY Fiscal Year 2005- Current FY Adopted Budget for Code Title of Account 2004-2005 2006 2005-2006 FY 2006-2007 5001 Master Plan - Other 7,524 5110 Salaries&Wages $ 84,257 $ 100,991 $ 100,991 $ 105,042 5115 Salaries- Overtime - - - 5140 Salaries - Longevity 300 300 850 5145 Social Security Expense 6,299 6,299 6,565 5150 Medicare Expense - 1,473 1,473 1,535 5155 SUTA Expense - 540 540 540 5160 Health Insurance - 8,534 8,534 8,867 5165 Dental 780 780 798 5170 Life Insurance - 72 72 90 5173 AD&D - 14 16 5180 TMRS Expense - 6,129 6,129 6,626 5185 Short/Long Term Disability - 1,359 1,359 1,443 5189 Administrative Fee - 1,500 1,500 1,500 5190 Contract Labor 1,300 1,300 1,300 5191 Hiring Cost - 117 117 117 5193 Record Retention - 200 200 200 5210 Supplies 896 3,300 3,300 3,700 5212 Building Supplies - 300 300 300 5220 Office Equipment 3,050 3,050 3,200 5230 Dues School Subscriptions 1,118 450 450 1,825 5240 Postage& Delivery - 2,000 2,000 1,500 5250 Publications - 667 667 425 5260 Advertising - 300 300 300 5265 Promotional Expenses _ 50,350 50,350 50,000 5270 Bank Charges 15 200 200 200 5280 Printing & Reproduction - 1,150 1,150 1,200 5290 Miscellaneous 12,211 - 5310 Rental Expense 1,927 60 60 75 5312 Equipment Lease - - 5320 Repair& Maintenance 2,796 - - 5325 Copier Lease 906 1,900 1,900 - 5330 Copier Expense - 800 800 4,000 5340 Building Repairs - 1,000 1,000 1,000 5350 Vehicle Expense 153 - - 5410 Professional Services 42,120 44,000 44,000 30,000 5412 Audit Fees - 500 500 500 5416 Engineering Fees - 10,000 10,000 10,000 5418 IT Fees -- 500 500 500 Fund: Economic Development Department: EDC 65 A B C D Expenditures Projected Actual Budgeted Current Expense Account Expense FY Fiscal Year 2005- Current FY Adopted Budget for Code Title of Account 2004-2005 2006 2005-2006 FY 2006-2007 5430 Legal Fees - 14,000 14,000 8,400 5435 Legal Notices/Filings - 700 700 700 5480 Contracted Services 7,011 - - - 5520 Telephone - 3,300 3,300 3,300 5521 Cell Phones - 900 900 900 5524 Gas - 500 500 500 5525 Electricity - 2,400 2,400 2,400 5530 Travel Expense 1,252 3,000 3,000 5,500 5533 Mileage Expense - 1,920 1,920 5,045 5536 Training/Seminars 195 2,435 2,435 4,000 6015 Leverage Fund Principal - - - 50,000 6140 Capital Expenditures-Equip - Totals $ 162,381 $ 279,290 $ 279,292 $ 324,944 aF a -Y C� P ]E.W C�" 1�' ' FY 2006 2007 ADOPTED BUDGET INTEREST & SINKING »� r,W% rox w, r his mo- W October 1, 2006 - September 30, 2007 Iii DEBT SERVICE 2003 Tax Note 2002 Tax Note L 2001 - CO 2004 - CO 1998 - CO d ° 1996 - CO 2006 - CO Revenue & Expense Summary Projected Adopted Actual 2004 Budgeted Year End Budget 2005 12005-20061 2005-2006 2006-2007 Revenues 955,,092 1 902.,126 915,925 1,791,055 Expenditures 1 1,301,05011 835,321 1,065„021 1„705,653 I Town of Prosper T Oy N- OF Fiscal Year 2006-2007 ) SPER Debt Service Summary Adopted Account FY 04/05 FY 05/06 FY 05/06 FY 06/07 Description Actual Budget Projected Budget DEBT SERVICE FUND REVENUES Taxes: Property $ 951,507 $ 901,126 $ 907,426 $ 1,783,055 Investment Income (Interest) $ 31585 $ 17000 $ 8,500 $ 8,000 Total Revenues $ 955,092 $ 902,126 $ 915,926 $ 1,791,055 EXPENDITURES Debt Service: Principal $ 167,211 $ 247,027 $ 247,027 $ 611,106 Interest $ 332,663 $ 585,514 $ 585,514 $ 1,088,677 Total Expenditures $ 499,874 $ 832,541 $ 832,541 $ 1,699,783 Excess of revenues over expenditures $ 455,218 $ 69,586 $ 83,385 $ 91,271 OTHER FINANCING SOURCES(USES) Administrative Fees $ (1,337) $ (2,780) $ (232,780) $ (6,900) Transfers in for debt service $ 161,651 $ - $ - $ Transfers out for debt service .................. Total other financing sources $ (363„587) $ (2,780) $ (232,780) $ (6,900) Net change in fund balances $ 91,631 $ 66,806 $ (149,395) $ 84,371 Fund Balance, beginning (as stated) $ 131,176 $ 222,807 $ 222,807 $ 73,412 Fund Balance, ending $ 222,807 $ 289,613 $ 73,412 $ 157,784 Town of Prosper Departmental Budget Request Form Fiscal Year, 2006-2007 SE R Summary of Revenue Fund: DEBT SERVICE FUND 30 Department: Int. & Sinking 10 A B C D Revenue Projected Budgeted Revenue Adopted Budget Account Actual Revenue Current Fiscal Current FY for Code Title of Account I FY 2004-2005 Year 2005-2006 2005-2006 1 FY 2006-2007 4105 Tax Revenue - Delinquent $ 45,910 $ 2,500 $ 4,000 $ 2,500 4110 Tax Revenue - Current 895,686 898,426 898,426 1,777,555 4115 Penalty & Interest 9,910 200 5,000 3,000 4610 Interest Income 3,585 1,000 8,500 8,000 4910 Other Revenues -- - - Transfer In - - - - Totals $ 955,092 $ 902,126 $ 915,926 $ 1,791,055 Town of Prosper Oil Departmental Budget Fiscal Year, 2006-2007 Summary of Expenditures Fund: DEBT SERVICE FUND 30 Department: Int. &Sinking 10 A B C D Expenditures Projected Budgeted Expense Adopted Budget Account Actual Expense Current Fiscal Current FY for Code Title of Account FY 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 5270 Bank Charges $ 5 $ - $ $ 500 6180 2001 Bond Payment 135,861 135,833 135,833 136,333 6185 1996 Bond Payment 69,888 69,888 72,693 6190 1998 Bond Payment - 61,898 61,898 65,550 6195 2002 Tax Note Payment 50,656 50,656 50,656 50,656 6196 2003 Tax Note Payment 75,067 75,066 75,066 75,066 6197 2004 Bond Payment 675,880 439,200 439,200 594,200 6198 2006 Bond Payment - - - 705,285 6200 Bond Administrative Fees 1,332 2,780 232,780 6,400 7142 Transfer to W/S 523,900 7149 Transfer to Debt Service Fund (161,651) Totals $ 1,301,050 $ 835,321 $ 1,065,321 $ 1,706,683 ..._ F i ADOPTEDFY 2006 - 2007 CAPITAL PROJECTS r m t p �� '0 � �Illlli��I'�fii 11�INNIII 111 p r 1 October 1, 2006 - September 30, 2007 CAPITAL P POJ CTS / / a% rr/��s � � u II'� ��V {�w.��// ,�/ A / ,/ � / r///i,/r'✓�o s/ !i///i�/r��r/i,ri/ia , 3MG Storage Elevated Water Tank Storage Road limnprovements Large Community Park Revenue & Expense Summary Projected Adopted Actual Budgeted Year End Budget 2004-2005 2005-2006 2005-2006 2006-2007 Revenues 254, 353 200„000 1 12,320,000 165,500 far enditures 40,172 1 9,130„400 1 1,273,9401'3,422,738 Town of Prosper Departmental Budget Request Form , , ,, ,, Fiscal Year, 2006-2007 .rv. Capital Projects Fund Balance/Reserves Adopted Account FY 04/05 Fy 05/06 Projected FY 06/07 Description Actual Budgeted FY 05/06 Budget CAPITAL PROJECTS REVENUES Proceeds From Bond Issuance Miscellaneous $ - $ - $ - $ Investment Income (Interest) $ 2541938 $ 30;,000 $ 320,000 $ 165,500 Total Revenues $ 254,938 $ 30.,000 $ 320,000 $ 165,500 EXPENDITURES Current: General Government $ - $ 773,162 $ 441,000 $ - Capital Outlay $ 27,923 $ 8,357,238 $ 833,940 $ 19,422,738 Total Expenditures $ 27,923 $ 9,130,400 $ 1,274,940 $ 19,422,738 Excess of revenues over expenditures $ 227,015 $ (9,10 ,400) $ (954,940) $ (19,257,238) OTHER FINANCING SOURCES (USES) Bonds Issue $ - $ $ 12,000,000 $ Bond issuance cost $ $ $ Due From Water Sewer $ 6,497,000 $ - $ $ - Transfers In - Impact fees $ - $ 200,000 $ - $ Transfers Out $ 2,249 $ - $ - $ Total other financing sources $ 6,484,751 $ 200,000 $ 12,000,000 $ - Net change in fund balances $ 6,711,766 $ (8,900,400) $ 11,045,060 $ ('19,257,238) Fund Balance, beginning (as stated) $ 3,603,936 $ 10,315,702 $ 10,315,702 $ 21,360,762 Fund Balance, ending $ 10,315,702 $ 1,415,302 $ 21,360,762 $ 2,103,524 Town of Prosper Departmental Budget Request Form T(r)W N OF Fiscal Year, 2006-2007 JI )SPERSummary of Revenue Fund: Capital Projects 95 Department: 2004 Bond 10 A B C D Revenue Actual Budgeted Projected Adopted Budget Account Revenue FY Current Fiscal Revenue Current for Code Title of Account 1 2004-2005 1 Year 2005-2006 FY 2005-2006 FY 2006-2007 4610 Interest Income $ 254,853 $ 30,000 $ 320,000 $ 100,000 4910 Other Revenues - - - 4995 Transfers In - 200,000 - Totals $ 254,853 $ 230,000 $ 320,000 $ 100,000 Town of Prosper Departmental Budget Request Form ISP s Fiscal Year, 2006-2007 � E Summary of Expenditures Fund: Capital Pro`ects 95 Department: 2004 Bond 10 A B C D Actual Expenditures Expense Budgeted Projected Adopted Budget Account FY 2004- Current Fiscal Expense Current for Code Title of Account 2005 �Year2005-20061FY 2005-2006 FY 2006-2007 5410 Professional Services $ - $ 773,162 $ 440,000 $ - 6110 Capital Expenditures 27,923 8,357,238 833,940 7,357,238 6140 Capital Expenditures-Equip _ - 6160 Capital Expenditures-Vehicles 7150 Transfer to General Fund 12,249 - - - Totals $ 40,172 $ 9,130,400 $ 1,273,940 $ 7,357,238 Town of Prosper l Departmental Budget Request Form TO 01Fiscal Year, 2006-2007 f ) � . ,� , Summary of Revenue Fund: Capital Proiects 95 Department: 2006 Bond 10 A B C D Revenue Actual Budgeted Projected Adopted Budget Account Revenue FY Current Fiscal Revenue Current for Code Title of Account 1 2004-2005 1 Year 2005-2006 FY 2005-2006 FY 2006-2007 4610 Interest Income $ $ _- $ $ 65,500 4910 Other Revenues - _ - - 4995 Transfers In - - 4999 Bond Proceeds - - 12,000,000 - Totals $ - $ - $ 12,000,000 $ 65,500 Town of Prosper Departmental Budget Request Form Fiscal Year, 2006-2007 I. Summary of Expenditures Fund: Capital Projects 95 Department: 2006 Bond 10 A B C D Expenditures Budgeted Projected Adopted Budget Account Actual Expense Current Fiscal Expense Current for Code Title of Account FY 2004-2005 Year 2005-2006 FY 2005-2006 FY 2006-2007 5410 Professional Services $ - $ - $ - $ 6110 Capital Expenditures - 12,065,500 6140 Capital Expenditures-Equip - - - -- 6160 Capital Expenditures-Vehicles - - - 7150 Transfer to General Fund - - Totals $ - $ - $ - $ 12,065,500 W� BUDGETCr3 1%-J CD F FY 2006 - 2007 ADOPTED SPECIAL REVENUES r i I October 1, 2006 - September 30, 2007 SPECIAL REVENUE a �q 6/c I ht R r u Po � Revenue & Expense Summary Projected Adopted Actual Budgeted Year End Budget 2004-2005 2005-2006 2005-2006 2006-2007' Park Dedication Revenues 115,112 300,000 - 255,000 Expenditures 6,736 - - Park Im rcvernent Revenues 211,550 234„200 155 352,000 Expenditures 61,000 20,700 Water Impact Revenues 345,272 260,600 415,000 410,686 Expenditures - 275,000 256,640, 706„666 Wastewater impact Revenues 248,045 250,050 ...... 311,460 363„646 11 Expenditures 47,5081 75,000 266,520 1Thoroughfare Im act Revenues 216,151 262,650 272„150 425„400 Expenditures 47,506 420,350 269,5,1 91 273735-5- 11 Town of Prosper '',µ� Departmental Budget Request Form Pl w � � Fiscal Year, 2006-2007 Summary of Revenue Park Fund: Parks Dedication 61 Department: Dedication 60 A B C D Revenue Projected Budgeted Revenue Adopted Budget AccountActual Revenue Current Fiscal Current FY for Code Title of Account FY 2004-2005 1 Year 2005- 2005-2006 FY 2006-2007 4045 Park Fees -Dedication $ 115,112 $ 300,000 $ - $ 255,000 4610 Interest Income Totals $ 115,112 $ 300,000 $ - $ 255,000 Town of Prosper Departmental Budget Request Form °�° Fiscal Year, 2006-2007 • r Summary of Expenditures Park Fund: Parks Dedication 61 Department: Dedication 60 A B C D Expenditures Projected Actual Budgeted Expense Adopted Budget Account Expense FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 1 2005-2006 FY 2006-2007 5410 Professional Services $ - $ - $ - $ 6110 Capital Expenditures - - 6140 Capital Expenditures-Equip - - - - 6160 Capital Expenditures-Vehicles - 7141 Transfer to Parks& Rec Fund 6,738 Totals $ 6,738 $ - $ - $ Town of Prosper '1' 1'1 '-Al 111 0 i7 FY 2006-2007 Town Budget P R Park Improvement Summary Fund Balance Adopted Account FY 04/05 Fy 05/06 Projected FY 06/07 Description Actual Budgeted FY 05/06 Budget PARKIMPROVEMENT REVENUES Park Fees $ 211,469 $ 294,200 $ - $ 352,000 Investment income $ 81 $ - $ 155 $ - Total Revenues $ 211,550 $ 294,200 $ 155 $ 352,000 EXPENDITURES General Government $ - $ 75,000 $ 20,700 $ Capital Outlay $ - $ 6,000 $ - $ - Total Expenses $ - $ 81,000 $ 20,700 $ - Excess/(Il..)e;tuciit) $ 211,550 $ 213,200 (20,545) $ 352,000 Net change in fund balances $ 211,550 $ 213,200 (20,545) $ 352,000 Fund Balance,beginning(as stated) $ - $ 211,550 $ 211,550 $ 191,005 Fund Balance,ending $ 211,550 $ 424,750 $ 191,005 $ 543,005 Town of Prosper Departmental Budget Request Form ' ° O Fiscal Year, 2006-2007 I)i S P E R Summary of Revenue Park Fund: Parks Improvement 62 Department: Improvement 60 A B C D Revenue Projected Budgeted Revenue Adopted Budget Account Actual Revenue Current Fiscal Current FY for Code Title of Account FY 2004-2005 Year 2005-2006 2005-2006 FY 2006-2007 4055 Park Fees- Improvements 211,469 294,200 - 352,000 4610 Interest Income 81.00 - 155 - 4910 Other Revenues - - - Totals $ 211,550 $ 294,200 $ 155 $ 352,000 Town of Prosper Departmental Budget Request Form ISPER aN O Fiscal Year, 2006-2007Summary of Expenditures Park Fund: Parks Improvement 62 Department: Improvement 60 A B C D Projected Actual Expenditures Expense Adopted Budget Account Expense FY Budgeted Current Current FY for Code Title of Account 2004-2005 Fiscal Year 2005-2006 2005-2006 FY 2006-2007 5270 Bank Charges $ - $ - $ - $ 5410 Professional Services 75,000 20,700 6005 Soccer Field Expense - µ 6110 Capital Expenditures - 6,000 6140 Capital Expenditures-Equip - - 6160 Capital Expenditures-Vehicles - - - Totals $ - $ 81,000 $ 20,700 $ Town of Prosper w Departmental Budget Request Form 0 raw C' UFiscal Year, 2006-2007 ` i - Impact Fees Summary Adopted Account FY 04/05 Fy 05/06 Projected FY 06/07 Description Actual Budgeted FY 05/06 Budget IMPACT FEES REVENUES Impact Fees $ 1,612 $ - $ - $ - Water $ 341,084 $ 289,100 $ 405,000 $ 409,696 Sewer $ 248,945 $ 249,550 $ 311,460 $ 353,648 Thoroughfare $ 219,151 $ 262,150 $ 262,150 $ 415,400 Investment income $ 2,576 $ 1,900 $ 20,000 $ 30,000 Total Revenues $ 813,368 $ 802,700 $ 998,610 $ 1,208,744 EXPENDITURES General Government $ - $ - $ - $ General Government-water $ - $ 75,000 $ 75,000 $ General Government-sewer $ - $ 75,000 $ 75,000 $ - General Government-thoroughfare $ - $ 75,000 $ 75,000 $ Capital Outlay-water $ - $ $ 181,840 $ 796,888 Capital Outlay-sewer $ $ - $ 194,520 $ - Capital Outlay-thoroughfare $ 47,508 $ 345„350 $ 194,519 $ 293,300 Total Expenses $ 47,508 $ 570,350 $ 795,879 $ 1,090,188 Excess/(Deficit) $ 765,860 $ 232,350 $ 202,731 $ 118,556 OTHER FINANCING SOURCES(USES) Transfers In $ 27,990 Transfers Out - $ _ 200,000 Total Other Financing Sources (uses) $ 27,990 $ (200,000) $ - $ - Net change in fund balances $ 793,850 $ 32,350 $ 202,731 $ 118,556 Fund Balance, beginning (as stated) $ 479,918 $ 1,273,768 $ 1,273,768 $ 1,476,499 Fund Balance, ending $ 1,273,768 $ 1,306,118 $ 1,476,499 $ 1,595,055 µ Town of Prosper a Departmental Budget Request Form ''`l)W N "� Fiscal Year, 2006-2007 Summary of Revenue Fund: Impact Fee Fund 65 Department: Water Impact 99 A B C D Revenue Actual Budgeted Current Projected Adopted Budget Account Revenue FY Fiscal Year 2005- Revenue Current for Code Title of Account 2004-2005 2006 FY 2005-2006 FY 2006-2007 4015 Impact Fees -Water $ 341,084 $ 289,100 $ 405,000 $ 409,696 4030 Miscellaneous 1,612 - - 4610 Interest Income 2,576 700 10,000 10,000 4910 Other Revenues - - - Totals $ 345,272 $ 289,800 $ 415,000 $ 419,696 r ."# Town of Prosper `' Departmental Budget Request Form " "°"° Fiscal Year, 2006-2007 I S " � Summary of Expenditures Fund: Impact Fees Fund 65 Department: Water Impact 99 A B I C F D Projected Actual Revenue Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Year Current FY for Code Title of Account 2004-2005 2005-2006 2005-2006 FY 2006-2007 5410 Professional Services-Water $ - $ 75,000 $ 75,000 $ - 6110 Capital Expenditures - - 181,840 796,888 6140 Capital Expenditures-Equip - - 6160 Capital Expenditures-Vehicles - 7144 Transfer to 2004 Bond - 200,000 - Totals $ _ $ 275,000 $ 256,840 $ 796,888 Town of Prosper Departmental Budget Request Form TO W Fiscal Year, 2006-2007 p5 S . � R Summary of Revenue Fund: Impact Fee Fund 65 Department: Sewer Impact 99 A B C D Revenue Actual Budgeted Current Projected Adopted Budget Account Revenue FY Fiscal Year 2005- Revenue Current for Code Title of Account 2004-2005 2006 FY 2005-2006 FY 2006-2007 4020 Impact Fees - Sewer $ 248,945 $ 249,550 $ 311,460 $ 353,648 4610 Interest Income - 500 - 10,000 4910 Other Revenues 4995 Transfer In Totals $ 248,945 $ 250,050 $ 311,460 $ 363,648 r :.M Town of Prosper Departmental Budget Request Form p, JOWN (11�1 Fiscal Year, 2006-2007 SPER Summary of Expenditures Fund: Impact Fees l=ure 65 Department: Sewer Impact 99 A B C D Revenue Actual Budgeted Projected Adopted Budget Account Revenue FY Current Fiscal Revenue Current for Code Title of Account 2004-2005 Year 2005-2006 l FY 2005-2006 FY 2006-2007 5410 Professional Services-Sewer $ $ 75,000 $ 75,000 $ 6110 Capital Expenditures 47,508 - 194,520 - 6140 Capital Expenditures-Equip - - 6160 Capital Expenditures-Vehicles - - Totals $ 47,508 $ 75,000 $ 269,520 $ Town of Prosper lb Departmental Budget Request Form ll ��' Fiscal Year, 2006-2007 Summary of Revenue Thoroughfare Fund: Impact Fee Fuad 65 Department: Im act 99 A B C D Revenue Actual Budgeted Projected Adopted Budget Account Revenue FY Current Fiscal Revenue Current for Code Title of Account 2004-2005 Year 2005-2006 FY 2005-2006 FY 2006-2007 4040 Impact Fees-Thoroughfare $ 219,151 $ 262,150 $ 262,150 $ 415,400 4320 Impact Fees- Streets - - - - 4610 Interest Income -- 700 10,000 10,000 4910 Other Revenues - - - Totals $ 219,151 $ 262,850 $ 272,150 $ 425,400 . Town of Prosper ' Departmental Budget Request Form '' kv,N Fiscal Year, 2006-2007 I Summary of Expenditures Thoroughfare Fund: Im act Fees Fund 65 Department: Impact 99 A B C _D Revenue Projected Actual Budgeted Revenue Adopted Budget Account Revenue FY Current Fiscal Current FY for Code Title of Account 2004-2005 Year 2005-2006 2005-2006 1 FY 2006-2007 5410 Professional Services-Thorofare $ - $ 75,000 $ 75,000 $ 6110 Capital Expenditures 47,508 345,350 194,519 293,300 6140 Capital Expenditures-Equip 0 - 6160 Capital Expenditures-Vehicles 0 - - Totals $ 47,508 $ 420,350 $ 269,519 $ 293,300