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Home My WebLink AboutOrdinance No. 2014-2095 CITY OF THE COLONY, TEXAS ORDINANCE NO. 2014-2095 ADOPT MUNICIPAL BUDGET FOR FISCAL YEAR 2014-2015 AN ORDINANCE OF THE CITY OF THE COLONY, APPROVING AND ADOPTING A BUDGET FOR THE CITY FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014, THROUGH SEPTEMBER 30, 2015; PROVIDING FOR THE INTRA AND INTER-DEPARTMENT FUND TRANSFERS; PROVIDING FOR THE INVESTMENT OF CERTAIN FUNDS; PROVIDING THAT EXPENDITURES FOR SAID FISCAL YEAR SHALL BE MADE IN ACCORDANCE WITH SAID BUDGET; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the Executive Director of Administration for the City of The Colony, Texas has heretofore filed with the City Secretary, a proposed general budget for the City covering the fiscal year 2014-2015; and WHEREAS, a public hearing was duly held and all interested persons were given an opportunity to be heard for or against any item therein in accordance with the Charter. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: SECTION 1: That the attached budget, presented by the City Manager and reviewed during Council meetings and work sessions, and as amended be approved for the fiscal year 2014-2015. SECTION 2: That the City Manager be and is hereby authorized to make intra and Council approved inter-departmental fund transfers during the fiscal year as becomes necessary in order to avoid over-expenditures of a particular account. SECTION 3: That the City Manager, unless expressly prohibited by law, or unless it is in contravention of any Depository Contract, may direct the City Finance Director to invest funds in accordance with the City's Investment Policy. SECTION 4: That said Budget as attached hereto as Exhibit "A" of this Ordinance, and made a part hereof for all purposes, is hereby approved in all respects and is adopted as the City's budget for the fiscal year beginning October 1, 2014, and ending September 30, 2015. SECTION 5: The fact that the fiscal year begins on October 1, 2014, requires that this Ordinance be effective upon its passage and adopted to preserve the public peace, property, health and safety, and shall be in full force and effect from and after its passage and adoption. DULY PASSED AND APPROVED, this the 16th day of September, 2014. / l Joe Mc ourry, or _b at 7E4-4- c t City of' he c ony, Texas / ATTEST r CT 4.46 „At , C istie Wilson, TRMC, City Secretary 00'"'OF .TH��'-- • ` Obr '� OL-41 "4 APPROVED AS TO FORM: Jeff Moore, !ity Attorney City of Th. olony, Texas 2 • j ic;', - -' '. - it 4 ‘ , ..., 4 t 4), ,, 11,05 0 . A,44:•;% 0 *pi/ iips 1141' �)) ISI t 4 f) ‘C)N.19 Alle ti 4140)),et IV *11. , ' 40 416, till t 44 ir r o4c, , ' y = 4 ar 1 t.1., ,.: .• s� e ' .. 0(jet 4 , 4 '*....., ' :. JO ?i te) ,41 r t... : , ,,,,,,, ... 4 +r�' , ` . ,. ,,,,,„, , ., . _ . , . , . THE COLONY, TEXAS ANNUAL OPERATING BUDGET FISCAL YEAR 2014/2015 Annual Operating Budget for Fiscal Year 2014/2015 This budget will raise more total property taxes than last year's budget by $1,330,000, which is a 8% increase. $800,000 of the increased tax revenue is from new property added to the tax roll this year. The proposed tax rate is $.6725 per $100 valuation which is %2 cent less than the current tax rate of $.6775 per $100 valuation. TABLE OF CONTENTS City Manager's Message 1 General Fund 2 Parks Fund 5 Utility Fund 6 Economic Development Corporation 7 Community Development Corporation 8 Hotel/Motel Tax Fund 9 Lake Parks Fund 10 Special Events Fund 11 Capital Projects Administration Fund 12 General Debt Service 13 Utility Tax Supported Debt 14 Revenue Bond Debt 15 Storm Water Utility 16 Water/Sewer Impact 17 Child Safety 18 Proposed Fee Schedule Changes 19 CIP Projects 22 City of The Colony Memorandum To: Mayor and City Council Members From: Troy Powell, City Manager Tim Miller, Assistant City Manager Date: Sept 9, 2014 Reference: Proposed FY 2014-2015 Budget Enclosed is the proposed budget for FY 2014-15. The purpose of this memo is to summarize significant items. Key principles of the budget are as follows: • Revenues Increased by about $3 million (1.3 property taxes, 1. sales tax, .5 water/sewer revenues, and .2 building permits/inspections). • Purchase of County building $1.5 million. • P&I for$23.1 million bond. Water and sewer enhancements ($19.9 million) and street reconstruction ($3.2 million) (see appendix list). • P&I for $950 thousand in short-term financing for vehicle and equipment replacements (see appendix list). • 3% raises and service enhancements totaling $752 thousand paid from operating revenues (see appendix list). • Park improvements of$1.465 million by CDC and Lake Parks (see appendix list). • Medical insurance increase of 10%. • One half of a cent reduction in the property tax rate ($.6775 to $.6725). • Fund balances operating days will remain the same as last year's budget: General Fund 80 days; Utility Fund 60 days; and Parks 60 days. The proposed FY 2014-15 Budget is respectfully submitted for your approval. GENERAL FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget TAXES Ad Valorem Taxes Current Property Taxes 10,270,912 9,925,994 10,483,964 11,898,465 Rendition Penalty Revenue 1,874 2,413 2,000 2,000 Ag.Roll Back Taxes 1,896 (63,487) 4,000 2,000 Delinquent Property Tax 150,735 131,428 80,000 25,000 Penalties&Interest 98,350 68,100 53,000 50,000 Total 10,523,767 10,064,448 10,622,964 11,977,465 City Sales Taxes Sales Taxes 3,576,329 3,982,219 3,644,185 4,600,796 Mixed Beverage Tax 78,782 87,095 76,000 70,000 Total 3,655,111 4,069,314 3,720,185 4,670,796 Franchise Taxes Electric 1,142,556 1,081,920 1,200,000 1,159,000 Natural Gas 115,098 112,108 123,000 125,000 Telephone 182,975 186,068 175,000 175,000 Cable Television 225,101 60,843 176,000 60,000 Video Service 359,600 518,522 300,000 420,000 Sanitation-Residential 156,456 157,931 153,590 160,000 Sanitation-Commercial 84,425 88,070 76,000 89,500 Total 2,266,211 2,205,462 2,203,590 2,188,500 TOTAL TAXES 16,445,089 16,339,224 16,546,739 18,836,761 LICENSES&PERMITS Building Permits-New Homes 276,546 587,306 475,000 490,000 Building Permits-Other 216,696 278,984 220,000 250,000 Commercial Permits 5,852 54,840 80,000 150,000 Certificates Of Occupancy 5,166 5,550 5,000 5,000 Zoning Fees 9,185 8,860 6,000 6,000 Fire Fees 25,319 12,668 10,600 15,000 Solicitors Permits 935 785 800 1,200 Health Permits 78,029 84,866 78,000 82,000 Platting Fees 7,104 24,423 7,000 20,000 Alcohol Permits 11,435 7,730 7,000 7,000 Code Enforcement Fees 19,761 25,937 26,000 26,000 Floodplain Development Permits 300 1,300 800 800 Grading Permit 1,500 1,300 1,000 1,000 TOTAL LICENSES&PERMITS 657,828 1,094,549 917,200 1,054,000 CHARGES FOR SERVICES Fire&Ambulance Ambulance Calls 306,561 368,442 315,000 325,000 Ambulance Subscription Revenue 15,000 15,000 15,000 15,000 Liens On Services 44,782 39,125 25,000 15,000 County Ambulance Funds 21,838 21,237 21,836 21,000 County Fire Funds 10,000 10,000 10,000 10,000 Total 398,181 453,804 386,836 386,000 Library County Library Funds 40,555 40,500 37,000 39,750 Total 40,555 40,500 37,000 39,750 Engineering Inspections Inspection Fees 51,289 33,072 12,000 100,000 TXDOT - - - Total 51,289 33,072 12,000 100,000 TOTAL CHARGES FOR SERVICES 490,025 527,376 435,836 525,750 2 GENERAL FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget FINES&FORFEITURES Municipal Court Fines 1,089,986 1,167,905 1,200,000 1,120,000 Library Fees 7,846 7,673 6,700 6,000 Animal Control Fees 30,510 27,205 28,325 23,750 TOTAL FINES&FORFEITURES 1,128,342 1,202,783 1,235,025 1,149,750 INVESTMENT INCOME Interest Income 12,837 11,457 10,500 10,000 TOTAL INVESTMENT INCOME 12,837 11,457 10,500 10,000 GRANT REVENUES Federal Police Grant 2,504 - 1,000 1,000 Library Grant-ELOC - 9,411 - - LISD Grant 37,442 33,815 77,211 75,000 TOTAL GRANT REVENUES 39,946 43,226 78,211 76,000 OTHER REVENUES Auction Proceeds 44,848 24,656 5,000 10,000 Tower Rental Fees 239,391 251,557 235,000 251,557 Insurance Reimbursement 713 - 1,000 1,000 Miscellaneous 279,261 68,426 20,000 20,000 Police Reports 3,802 4,247 5,000 4,000 Alarm Fees 38,940 34,176 32,000 32,000 Horizon-Rentals 199,763 6,010 - - Annex Lease - - 15,650 TOTAL OTHER REVENUES 806,718 389,072 298,000 334,207 TOTAL REVENUES 19,580,785 19,607,687 19,521,511 21,986,468 TRANSFER IN Overhead Costs - - - - Transfer-CDC - - - - Transfer-EDC 27,000 28,000 28,000 22,715 Transfer-Storm Water Utility - 168,800 168,800 250,000 Transfer-Hotel/Motel Tax - - - - Transfer-Utility Fund 2,320,000 1,361,231 1,914,906 2,322,406 Transfer-Utility Fund-Tribute Ad Valorem - 162,259 - - Transfer-Engineering Inspections 163,311 - - - Transfer-Lake Parks (Moved to Parks) 35,000 - - - Transfer-Fleet Services 337,855 - - - Transfer-Child Safety Fund 75,000 20,000 20,000 20,000 Transfer-Debt Service/Operating Surplus - - - 620,000 Transfer-Capital Projects 580,000 - - - TOTAL TRANSFERS 3,538,166 1,740,290 2,131,706 3,235,121 TOTAL REVENUES&TRANSFERS 23,118,951 21,347,977 21,653,217 25,221,589 3 GENERAL FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget EXPENDITURES Non-Departmental 1,448,312 3,562,487 3,301,400 5,107,088 General Administration 525,043 804,798 712,096 775,445 City Council 25,820 29,289 37,845 37,805 Development Services 584,754 - - - Community Image 376,524 387,048 412,813 426,632 City Secretary 239,333 237,999 294,298 308,694 Human Resources 305,902 262,291 259,047 263,923 Finance 800,861 793,300 813,910 843,946 Information Technology 881,277 437,394 478,470 429,647 Municipal Court 357,244 362,359 370,750 374,615 Fire 5,157,856 5,350,137 5,361,229 5,559,920 Police 6,865,969 6,612,181 7,003,986 7,347,220 Library 973,755 939,424 976,523 978,108 Engineering 993,569 1,274,748 1,302,466 1,390,896 Facilities Maintenance 450,569 415,816 403,925 407,983 Fleet Services 566,263 502,880 539,007 532,623 Budget Amendments - - 750,000 - 2015 P&I(20yr$21M;10yr$2M) - - - 2,622,000 Reserved-Capital Projects - - 857,803 - TOTAL EXPENDITURES 20,553,051 21,972,151 23,875,568 27,406,545 TRANSFER OUT Transfer-Environmental Fund - - Transfer-CVB 139,137 140,000 165,000 120,000 I Transfer-General Debt Service 417,131 - - - Transfer-Special Events - - 100,000 100,000 Transfer-KTB - 20,000 20,000 20,000 Transfer-Community Center - - - - Transfer-Parks Fund 3,270,000 2,259,884 2,289,884 2,149,884 Transfer-HCP Reserve to Parks Fund 165,000 - - - TOTAL TRANSFER OUT 3,991,268 2,419,884 2,574,884 2,389,884 TOTAL EXPENDITURES&TRANSFERS 24,544,319 24,392,035 26,450,452 29,796,429 OH COST ALLOCATION - (3,945,663) (3,945,663) (3,945,663) BEGINNING FUND BALANCE 7,755,489 6,330,121 7,231,726 6,380,154 EXCESS/(DEFICIENCY) (1,425,368) 901,605 (851,572) (629,177) ENDING FUND BALANCE 6,330,121 7,231,726 6,380,154 5,750,977 RESERVE FOR HIDDEN COVE PARK (165,000) (165,000) (165,000) (165,000) UNRESERVED FUND BALANCE 6,165,121 7,066,726 6,215,154 5,585,977 Working Days in Fund Balance 92 106 92 80 4 PARKS FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget , CHARGES FOR SERVICES Parks&Recreation Recreation Program Revenue 163,845 131,848 160,000 132,000 Athletic Program Revenue 96,892 114,805 93,000 115,000 Athletic&Recreation Facility Revenue 100,744 141,452 77,000 141,000 Pass Revenue 25,149 23,487 49,000 23,000 Total 386,630 411,592 379,000 411,000 Aquatic Park Swimming Lessons 92,229 110,181 85,000 110,000 Season Passes 10,986 11,031 9,000 11,000 Swimming Team 21,947 21,086 20,000 21,000 Entrance Fees 45,366 44,589 45,000 45,000 Concession Sales 1,851 1,865 1,500 1,500 Private Party Fees 33,052 34,784 33,660 33,660 Aerobic Classes 16,111 17,109 14,000 17,000 Total 221,542 240,645 208,160 239,160 Community Center Rental Revenue 9,638 10,672 9,000 10,000 Program Revenue 2,472 3,038 1,000 3,000 Trip Revenue 53,144 41,695 - Membership Fees 4,855 6,207 4,300 6,200 Total 70,109 61,612 14,300 19,200 TOTAL CHARGES FOR SERVICES 678,281 713,849 601,460 669,360 OTHER INCOME Horizon Lease Payment(Moved From GF) - 202,933 185,000 200,000 Miscellaneous 7,801 10,809 1,000 1,000 Interest Income 1,610 1,543 500 1,000 TOTAL OT HER INCOME 9,411 215,285 186,500 202,000 TOTAL REVENUES 687,692 929,134 787,960 871,360 TRANSFER IN Transfer-General Fund 3,270,000 2,259,884 2,289,884 2,149,884 Transfer-CDC Five Star Maintenance 122,845 150,000 165,000 165,000 Transfer-CDC Fund Personnel 150,000 122,845 122,845 122,845 Transfer-Lake Parks Fund - 35,000 35,000 35,000 Transfer-HCP Reserve from General Fund 165,000 - - - Transfer-Community Center Fund Balance 66,176 - - - TOTAL TRANSFERS 3,774,021 2,567,729 2,612,729 2,472,729 TOTAL REVENUES&TRANSFERS 4,461,713 3,496,863 3,400,689 3,344,089 EXPENDITURES Overhead Expenditures 1,014,192 1,014,192 1,014,396 1,014,396 Parks&Recreation 1,957,947 1,875,796 2,030,105 2,040,166 Aquatic Park 383,892 398,551 377,452 401,149 Community Center 155,401 156,760 152,620 125,771 TOTAL EXPENDITURES 3,511,432 3,445,299 3,574,573 3,581,482 BEGINNING FUND BALANCE - 950,281 1,001,845 827,961 EXCESS(DEFICIENCY) 950,281 51,564 (173,884) (237,393) ENDING FUND BALANCE 950,281 1,001,845 827,961 590,568 Working Days in Fund Balance - 106 85 60 5 UTILITY FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget CHARGES FOR SERVICES Water Service 8,101,058 8,395,877 8,397,646 8,647,753 Wastewater Service 4,544,938 4,699,344 4,585,400 4,940,323 Reconnect Fees 22,880 21,780 25,000 20,000 Penalties 413,526 410,748 410,000 410,000 Storm Water Utility Fees 491,857 - - - Tap Connection Fees 82,625 177,685 100,000 200,000 Investment Income 6,412 5,484 7,000 4,000 Miscellaneous 18,650 30,329 25,000 28,200 Recycling Billing 9,579 38,765 27,700 35,000 Recycling Education Contribution 36,000 36,000 36,000 36,000 TOTAL REVENUES 13,727,525 13,816,012 13,613,746 14,321,276 TRANSFERS IN Transfer-Storm Water Utility Fund - 290,000 350,000 350,000 Transfer-Capital Projects-Tribute - 162,259 - - Transfer-Capital Projects-820 Fund Streets - - - 200,000 TOTAL TRANSFERS IN - 452,259 350,000 550,000 TOTAL REVENUES&TRANSFERS 13,727,525 14,268,271 13,963,746 14,871,276 EXPENDITURES Overhead Expenses 2,593,752 2,593,752 2,593,752 2,593,752 Non-Departmental 429,578 336,958 88,835 103,636 Water Production 2,581,198 2,451,029 2,702,399 2,770,034 Water Distribution 1,016,804 1,100,757 1,065,291 1,123,347 Wastewater 645,579 568,581 665,856 659,386 Utility Administration 491,989 608,433 687,614 680,785 Public Works 1,241,065 1,317,398 1,347,254 1,579,325 Storm Water-Engineering 38,996 17,640 37,534 38,400 Storm Water-Public Works 116,600 117,312 139,677 147,363 Environmental 144,519 140,205 145,705 154,919 TOTAL EXPENDITURES 9,300,080 9,252,065 9,473,917 9,850,947 TRANSFERS OUT Transfer-General Fund 2,320,000 1,361,231 1,914,906 2,322,406 Transfer-D.S.Utility Tax 2,050,000 2,260,000 2,275,000 2,275,000 Transfer-D.S.Revenue bonds 1,175,000 1,295,630 - 995,000 Transfer-Special Projects - - - - Transfer-General Fund-Tribute - 162,259 - - Transfer-Capital Projects - - 400,000 - TOTALTRANSFERSOUT 5,545,000 5,079,120 4,589,906 5,592,406 TOTAL EXPENDITURES&TRANSFERS 14,845,080 14,331,185 14,063,823 15,443,353 BEGINNING FUND BALANCE 4,386,785 3,269,230 3,206,316 3,106,239 EXCESS(DEFICIENCY) (1,117,555) (62,914) (100,077) (572,077) ENDING FUND BALANCE 3,269,230 3,206,316 3,106,239 2,534,162 Working Days in Fund Balance 80 82 83 60 6 ECONOMIC DEVELOPMENT-TYPE A SALES TAXES Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget CITY SALES TAXES Sales Tax Revenues 1,788,164 1,991,109 1,822,093 2,300,000 Investment Income 5,534 5,694 6,000 4,000 Miscellaneous Revenue 3,957,220 - - - TOTAL REVENUES 5,750,918 1,996,803 1,828,093 2,304,000 EXPENDITURES-OPERATIONAL Personnel Services 156,851 357,856 286,775 298,392 Contractual Services 23,467 158,395 60,000 60,160 Supplies 4,539 14,398 11,390 12,140 Maintenance - - 500 - Capital Outlay 37,208 - - - Overhead Costs 71,380 71,376 71,380 71,380 TOTAL EXPENDITURES 293,445 602,025 430,045 442,072 EXPENDITURES-ECONOMIC INCENTIVES Marketing 116,404 182,209 322,129 Economic Development Incentives 151,358 165,000 500,000 3,000,000 Sales Tax Rebate 214,307 246,934 273,750 275,000 Transfer Out-General Fund BPP 27,000 28,000 28,000 22,715 Transfer Out-General Fund Cap Contribution - - - 2,000,000 Transfer Out-Debt Service 2013 - - 152,000 154,106 Transfer Out-Gen Debt.Serv.Fund 292,450 292,547 293,161 293,549 Transfer Out-Tax Supported Debt 305,577 306,999 305,559 306,999 TOTAL EXPENDITURES 1,107,096 1,039,480 1,734,679 6,374,498 TOTAL EXPENDITURES 1,400,541 1,641,505 2,164,724 6,816,570 EXCESS(DEFICIENCY) 4,350,377 355,298 (336,631) (4,512,570) BEGINNING FUND BALANCE 1,665,537 6,015,914 6,371,212 6,034,581 ENDING FUND BALANCE 6,015,914 6,371,212 6,034,581 1,522,011 7 COMMUNITY DEVELOPMENT-TYPE B SALES TAXES Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget CITY SALES TAXES Sales Tax Revenues 1,788,165 1,991,109 1,822,092 2,300,000 Investment Income 2,099 2,298 2,000 2,000 Miscellaneous 5,089 - - - TOTAL REVENUES 1,795,353 1,993,407 1,824,092 2,302,000 TRANSFERS IN Transfer from General Fund - - - - Transfer from Capital Projects Fund - - - - TOTALTRANSFERSIN - - - - TOTAL REVENUES&TRANSFERS 1,795,353 1,993,407 1,824,092 2,302,000 EXPENDITURES-OPERATIONAL Personnel Services 97,666 49,713 91,856 91,714 Contractual Services 38,409 21,381 29,500 29,500 Supplies 3,026 3,613 4,000 4,000 Maintenance 13,008 15,483 25,100 25,100 Capital Outlay - - Overhead Costs 35,690 35,688 35,690 35,690 TOTAL EXPENDITURES 187,799 125,878 186,146 186,004 EXPENDITURES-SPECIAL PROJECTS Existing Park Improvements 382,500 475,000 625,000 1,215,000 Sports Complex-Debt Service 761,143 523,500 526,100 524,700 TOTAL EXPENDITURES 1,143,643 998,500 1,151,100 1,739,700 TRANSFERS OUT Transfer to Hotel Motel Fund - - - - Transfer to General Fund-HF Parking Lot - - - - Transfer to Parks Fund-Five Star Maint. 150,000 150,000 165,000 165,000 Transfer to Gen.Debt Serv.-Hike&Bike Trail 130,563 128,938 127,150 127,150 Transfer to Gen.Debt Serv.-Parking Lot 62,989 63,096 64,205 64,339 Transfer to Parks Fund-Personnel 122,845 122,845 122,845 122,845 TOTAL TRANSFERS OUT 466,397 464,879 479,200 479,334 TOTAL EXPENDITURES&TRANSFERS 1,797,839 1,589,257 1,816,446 2,405,038 EXCESS(DEFICIENCY) (2,486) 404,150 7,646 (103,038) BEGINNING FUND BALANCE 1,424,600 1,422,115 1,826,265 1,833,911 ENDING FUND BALANCE 1,422,115 1,826,265 1,833,911 1,730,873 8 HOTEL/MOTEL TAX FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget HOTEL/MOTEL TAXES Taxes 370,798 425,177 350,000 425,000 Miscellaneous 427 843 - - Investment Income 15 - - - TOTAL REVENUES 371,240 426,020 350,000 425,000 TRANSFERS IN Transfer from-Park Improvement Fund - - - Transfer from-General Fund - 140,000 165,000 120,000 Transfer from-Community Development Corp. - - - TOTAL TRANSFERS IN - 140,000 - - TOTAL REVENUES&TRANSFERS 371,240 566,020 515,000 545,000 EXPENDITURES Communications Personnel Services 66,728 142,636 73,706 75,961 Contractual Services 60,956 4,566 840 4,340 Supplies 5,063 1,164 650 1,800 CVB - - - Personnel Services - 78,713 201,219 207,545 Contractual Services - 39,581 36,195 36,345 Supplies - 3,381 5,490 4,500 Overhead 35,688 35,688 35,691 - TOTAL EXPENDITURES 168,435 305,729 353,791 330,491 TRANSFERS OUT Transfer to General Fund - - - - Transfer to Park Improvement - - - - Transfer to Community Center-Operational - - - - Transfer to Special Event 180,000 320,000 250,000 250,000 TOTAL TRANSFERS OUT 180,000 320,000 250,000 250,000 TOTAL EXPENDITURES&TRANSFERS 348,435 625,729 603,791 580,491 EXCESS(DEFICIENCY) 22,805 (59,708) (88,791) (35,491) BEGINNING FUND BALANCE 123,018 145,823 86,115 (2,676) ENDING FUND BALANCE 145,823 86,115 (2,676) (38,167) 9 LAKE PARKS FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget CHARGES FOR SERVICES Fees&Permits 140,041 126,217 130,000 125,000 Developer Contributions 62,000 62,450 62,000 62,000 Concession Revenues 1,612 1,444 1,000 1,500 Marine Quest 51,700 86,140 50,000 85,000 Investment Income 40 - - - Mitigation Fees - - - - Miscellaneous 325 - - - TOTAL REVENUES 255,718 276,251 243,000 273,500 TOTAL REVENUES&TRANSFERS 255,718 276,251 243,000 273,500 EXPENDITURES Salaries 102 - - - Contractual Services 63,983 67,394 72,660 72,220 Supplies 6,946 6,319 9,350 8,168 Maintenance 12,357 16,761 25,000 18,100 Capital Outlay 7,475 - - 250,000 TOTAL EXPENDITURES 90,863 90,474 107,010 348,488 TRANSFERS OUT Transfer to Parks Fund 35,000 35,000 35,000 35,000 TOTAL TRANSFERS OUT 35,000 35,000 35,000 35,000 TOTAL EXPENDITURES&TRANSFERS 125,863 125,474 142,010 383,488 EXCESS(DEFICIENCY) 129,855 150,777 100,990 (109,988) BEGINNING FUND BALANCE 96,753 226,608 377,385 478,375 ENDING FUND BALANCE 226,608 377,385 478,375 368,387 10 SPECIAL EVENTS FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget REVENUES Donations&Sponsorships 10,457 9,893 8,000 10,000 Investment Income - - - - Event Revenues 46,023 50,984 40,000 40,000 TOTAL REVENUES 56,480 60,877 48,000 50,000 TRANSFERS IN Transfer from-General Fund 139,138 100,000 100,000 Transfer from-Hotel/Motel Tax 180,000 320,000 250,000 250,000 TOTAL TRANSFERS IN 319,138 320,000 350,000 350,000 TOTAL REVENUES&TRANSFERS 375,618 380,877 398,000 400,000 EXPENDITURES Personnel 63,829 65,410 64,747 68,822 City Program 2,994 3,476 - Christmas 4,993 5,000 5,000 5,000 Christmas Light Show Supplemental 24,979 14,527 13,500 17,500 Christmas Light Show Base 6,500 6,500 6,500 6,500 Liberty by The Lake 62,631 84,838 85,000 90,000 American Heroes 61,188 115,506 115,000 120,000 Pirate Days/Mail Box 50,000 - - - Parent Child Event 3,747 4,149 4,250 4,250 Halloween Campout 3,260 3,419 3,400 3,900 Easter Egg Hunt 3,033 3,230 3,300 3,300 Event Marketing 2,917 2,908 3,020 3,020 Arbor Day 2,434 2,500 2,500 2,500 Movies In The Park 2,410 2,444 2,550 2,550 Kids Chase 557 700 700 700 Back To School 1,540 1,925 1,950 1,950 Bow Wow Pow Wow 1,987 2,041 1,800 1,800 Colony Playhouse - 6,000 6,000 - Road Runners Club - - 10,000 10,000 Cultural Arts Board Grant 10,074 10,634 - - CMAC - - 20,500 20,000 Knights of Columbus-Liberty Fun Run - - - 5,000 THC-ROTC - 2,000 - 2,000 Lakeside Community Theatre 10,000 10,000 15,000 12,000 Cultural Arts Board 19,275 - - - Overhead 35,670 35,688 35,670 35,670 TOTAL EXPENDITURES 374,018 379,419 403,863 416,462 EXCESS(DEFICIENCY) 1,600 1,458 (5,863) (16,462) BEGINNING FUND BALANCE 41,048 42,648 44,106 38,243 ENDING FUND BALANCE 42,648 44,106 38,243 21,781 11 CAPITAL PROJECTS ADMINISTRATION Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget REVENUES TX DOT 149,128 - - - Investment Income 11 - - - Miscellaneous 427 - - TOTAL REVENUES 149,566 - - - TRANSFERS IN Transfer-Revenue Bond Projects - - - Transfer-Impact Fees Fund - 500,000 200,000 200,000 Transfer-Capital Account(216/846) 490,000 - - - Transfer-General Obligation Bonds - - - - Transfer-Utility Fund Cert of Oblig - - - TOTAL TRANSFERS IN 490,000 500,000 200,000 200,000 TOTAL REVENUES&TRANSFERS 639,566 500,000 200,000 200,000 EXPENDITURES Personnel Services 101,150 100,454 108,050 108,420 Contractual Services - 191 1,000 500 Supplies 2,495 140 3,000 500 Maintenance - - - Overhead Costs 159,276 159,576 159,265 159,265 TOTAL EXPENDITURES 262,921 260,361 271,315 268,685 TRANSFER OUT Transfer-General Fund 580,000 - - - TOTAL TRANSFERS OUT 580,000 - - - TOTAL EXPENDITURES&TRANSFERS 842,921 260,361 271,315 268,685 EXCESS(DEFICIENCY) (203,355) 239,639 (71,315) (68,685) BEGINNING FUND BALANCE 171,078 (32,277) 207,362 136,047 ENDING FUND BALANCE (32,277) 207,362 136,047 67,362 12 GENERAL DEBT SERVICE Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget CHARGES FOR SERVICES Current Property Taxes 4,344,118 4,739,099 4,990,000 4,900,000 Delinquent Property Taxes 69,327 (30,193) 40,000 30,000 Ag.Roll Back Taxes 781 53,842 Penalty&Interest 56,922 30,047 25,000 20,000 Investment Income 3,369 2,936 1,500 Misc Income - 122,047 .. 10TAL REVENUES 4,474,517 4,917,778 5,056,500 4,950,000 TRANSFERS IN transfers In-General Fund 400,000 - Transfers In-Engineering Inspections 17,131 - Transfers In-4A-2013 Bond - 155,000 154,106 Transfers In-4A Jackson Shaw/Memorial Drive 292,450 292,547 292,547 293,549 Transfers In-Hike&Bike Trail 130,563 128,938 127,150 130,200 Transfers In-Parking Lot 62,989 63,096 64,205 64,339 Transfers In-Parks 4B Projects-5 Starr Debt 761,343 523,500 526,100 524,700 TOTAL TRANSFERS IN 1,664,476 1,008,081 1,165,002 1,166,894 TOTAL REVENUES&TRANSFERS 6,138,993 5,925,859 6,221,502 6,116,894 EXPENDITURES Certificates of Obligation-2000: - - Certificates of Obligation-2000A: - - Certificates of Obligation-2001:Refund 2010 337,343 - - - Certificates of Obligation-2002:Refund 2011 452,681 - .. Certificates of Obligation-2003:Refund 2012 258,603 208,000 Certificates of Obligation-2004 381,956 382,606 389,326 Refunding Bonds-2005 933,668 1,162,844 1,160,406 1,361,844 Certificates of Obligation-2006 244,285 244,501 219,549 145,530 Certificates of Obligation-2007 691,231 516,232 518,981 520,981 I Refunding Bonds-1998 702,400 - .. Certificates of Obligation-2008 322,596 322,034 66,108 69,106 . Certificates of Obligation-2010 945,500 946,624 945,950 948,400 Certificates of Obligation-2010A 207,900 210,400 212,800 208,750 Refunding Bonds-2010/2003 423,800 523,500 526,100 524,700 Refunding Bonds-2011/2002 217,822 680,732 654,052 682,290 Refunding Bonds-2012/2003&2007 324,641 916,988 995,563 1,061,812 Certificates of Obligation-2013 - 155,000 154,106 Refunding Bonds-2013/2004 GE/Utility - 650,600 371,120 Refunding Bonds-2014/2006 GF/Utility 19,004 82,065 Fiscal Agent Fees&Other 1,130 97,853 3,000 4,000 TOTAL EXPENDITURES 6,425,556 6,212,314 6,516,439 5,934,704 EXCESS(DEFICIENCY) (286,563) (286,455) (294,937) 182,191 BEGINNING FUND BALANCE 893,812 607,249 320,794 25,857 ENDING FUND BALANCE 607,249 320,794 25,857 208,047 13 UTILITY TAX SUPPORTED DEBT Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget CHARGES FOR SERVICES Current Property Taxes 7,089 - - - Delinquent Property Taxes - - - - Fees - - - - Penalty&Interest - - - - Investment Income 793 - 1,000 - TOTAL REVENUES 7,882 - 1,000 - TRANSFERS IN Transfers In-EDC 4A 305,577 306,999 306,711 306,999 Water Impact Fees - - 100,000 100,000 Revenue Bond Refunding - - - - i Transfers In-Utility Fund 2,050,000 2,260,000 2,275,000 2,275,000 TOTAL TRANSFERS IN 2,355,577 2,566,999 2,681,711 2,681,999 TOTAL REVENUES&TRANSFERS 2,363,459 2,566,999 2,682,711 2,681,999 EXPENDITURES Certificates of Obligation-2002 Principal Payments 140,000 - - - Interest Payments 5,776 - - - Total Bond Payments 145,776 - - - Certificates of Obligation-2006 Principal Payments 745,281 783,829 813,812 851,400 Interest Payments 714,486 677,222 365,012 42,570 Total Bond Payments 1,459,767 1,461,051 1,178,824 893,970 Certificates of Obligation-2007 Principal Payments 270,000 285,000 300,000 315,000 Interest Payments 326,738 313,237 298,988 283,987 Total Bond Payments 596,738 598,237 598,988 598,987 Certificates of Obligation-2010 Principal Payments 140,000 140,000 145,000 150,000 Interest Payments 142,900 139,400 135,550 131,200 Total Bond Payments 282,900 279,400 280,550 281,200 Certificates of Obligation-2010A Principal Payments 20,000 20,000 20,000 20,000 Interest Payments 17,400 17,000 16,600 16,000 Total Bond Payments 37,400 37,000 36,600 36,000 General Obligation Refunding Bonds-2011 Principal Payments 4,800 156,000 187,800 164,400 Interest Payments 63,986 58,968 55,848 51,060 Total Bond Payments 68,786 214,968 243,648 215,460 1 General Obligation Refunding Bonds-2014 Principal Payments - - - 47,300 Interest Payments - - 115,383 456,811 Total Bond Payments - - 115,383 504,111 TOTAL EXPENDITURES 2,591,367 2,591,367 2,453,993 2,529,728 EXCESS(DEFICIENCY) (227,908) (24,368) 228,718 152,272 BEGINNING FUND BALANCE 120,281 (107,627) (131,995) 96,723 ENDING FUND BALANCE (107,627) (131,995) 96,723 248,995 14 REVENUE BOND DEBT SERVICE Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget CHARGES FOR SERVICES Fees 397,403 401,861 400,000 400,000 Investment Income 8,720 2,268 2,000 2,000 TOTAL REVENUES 406,123 404,129 402,000 402,000 TRANSFERS IN Transfers In-Utility Fund 1,175,000 1,295,630 - 995,000 Transfers In-Impact Fees 355,000 - - TOTAL TRANSFERS IN 1,530,000 1,295,630 - 995,000 TOTAL REVENUES&TRANSFERS 1,936,123 1,699,759 402,000 1,397,000 EXPENDITURES Revenue Bonds-2004 Principal Payments 925,000 955,500 990,000 - Interest Payments 710,350 675,662 37,125 - Total Bond Payments 1,635,350 1,631,162 1,027,125 - Revenue Refunding Bonds-2008 Principal Payments 40,248 - - - Interest Payments - - - - Total Bond Payments 40,248 - - - Revenue Refunding Bonds-2012(03,07,08) Principal Payments - 263,750 404,350 323,750 Interest Payments - 41,913 36,638 30,188 Total Bond Payments - 305,663 440,988 353,938 General Obligation Refunding Bonds-2013(04) Principal Payments - - - 964,000 Interest Payments - - - 520,480 Total Bond Payments - - - 1,484,480 Cost of Issuance (91,671) - - - Transfer to Utility Debt Service - - - - Fiscal Agent Fees&Other 323 195,985 - - TOTAL EXPENDITURES 1,675,921 2,132,810 1,468,113 1,838,418 EXCESS(DEFICIENCY) 260,202 (433,051) (1,066,113) (441,418) BEGINNING FUND BALANCE 1,968,600 2,228,802 1,795,751 729,638 ENDING FUND BALANCE 2,228,802 1,795,751 729,638 288,220 15 STORM WATER UTILITY FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget REVENUES Storm Water Utility Fees 491,857 499,711 490,000 490,000 Investment Income 312 - - - TOTAL REVENUES 492,169 499,711 490,000 490,000 TRANSFERS IN Transfer-General Fund - - - - TOTALTRANSFERSIN - - - - TOTAL REVENUES&TRANSFERS 492,169 499,711 490,000 490,000 EXPENDITURES Personnel Services - - -Contractual Services - - - - Supplies - - - - Maintenance - - - - Capital Outlay - - - - Contingencies - - - - Overhead Costs - - - - TOTAL EXPENDITURES - - - - TRANSFERS OUT Transfer-General Fund - 290,000 168,800 250,000 Transfer-Environmental Fund - - - - Transfer Fund Balance-Utility Fund 490,000 168,800 350,000 350,000 TOTAL TRANSFERS OUT 490,000 458,800 518,800 600,000 TOTAL EXPENDITURES&TRANSFERS 490,000 458,800 518,800 600,000 EXCESS(DEFICIENCY) 2,169 40,911 (28,800) (110,000) BEGINNING FUND BALANCE 259,583 261,752 302,663 273,863 ENDING FUND BALANCE 261,752 302,663 273,863 163,863 16 WATER/SEWER IMPACT FEES FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 2011-2012 2012-2013 2013-2014 2014-2015 Actual Actual Budget Budget IMPACT FEES Water Impact Fees 178,415 408,838 215,000 200,000 Sewer Impact Fees 84,270 197,581 65,000 65,000 Investment Income 59 - - - TOTAL REVENUES 262,744 606,419 280,000 265,000 EXPENDITURES Water Impact Fee Reimbursement - - - - Sewer Impact Fee Reimbursement 65,976 118,924 60,000 60,000 Contractual Services-Water Master Plan - - 35,000 - TOTAL EXPENDITURES 65,976 118,924 95,000 60,000 TRANSFERS OUT: Transfer-Capital Project Admin - - 200,000 200,000 Transfer-Utility Revenue Debt Service 355,000 500,000 100,000 100,000 TOTAL TRANSFERS OUT 355,000 500,000 300,000 300,000 TOTAL EXPENDITURES&TRANSFERS 420,976 618,924 395,000 360,000 EXCESS(DEFICIENCY) (158,232) (12,505) (115,000) (95,000) BEGINNING FUND BALANCE 375,132 216,900 204,395 89,395 ENDING FUND BALANCE 216,900 204,395 89,395 (5,605) 17 CHILD SAFETY FUND Revenue&Expenditure Projections Fiscal Year 2014-2015 210-2011 2011-2012 2012-2013 2013-2014 Actual Actual Budget Budget REVENUES Child Safety Fund Revenue 4,568 14,270 8,000 8,000 Denton County Child Safety Fund 42,386 50,336 37,158 40,000 Interest Income 97 - TOTAL REVENUES 47,051 64,606 45,158 48,000 TRANSFERS IN Transfer In-General Fund - - - - TOTAL TRANSFERS IN - - - - TOTAL REVENUES&TRANSFERS 47,051 64,606 45,158 48,000 EXPENDITURES Contractual Services - - - Supplies - - - Maintenance - - - - Capital Outlay - - - Overhead Costs - - - Child Advocacy Center 16,308 31,915 31,915 28,979 TOTAL EXPENDITURES 16,308 31,915 31,915 28,979 TRANSFER OUT Transfer-General Fund 75,000 20,000 20,000 20,000 TOTAL TRANSFER OUT 75,000 20,000 20,000 20,000 TOTAL EXPENDITURES&TRANSFERS 91,308 51,915 51,915 48,979 EXCESS(DEFICIENCY) (44,257) 12,691 (6,757) (979) BEGINNING FUND BALANCE 75,063 30,806 43,497 36,740 ENDING FUND BALANCE 30,806 43,497 36,740 35,761 18 PROPOSED FEE CHANGES 2014-2015 Item Existing Fee Proposed Fee Eff Date UTILITY FUND SRF Loan "SRF Loan" Change to"Debt Service" 10/1/14 Missed Reading Fee $0 $30 10/1/14 Water and sewer rate increase for capacity impr 3%increase-See schedule 10/1/14 GENERAL FUND Story Time Backpacks New format $0 $60.00 plus$5.00 proc fee 10/1/14 Book Club kits New format $0 $60.00 plus$5.00 proc fee 10/1/14 19 2013-2014 Water Rates Inside city Outside city Meter size Meter size (inches) Rate (inches) Rate 5/8 16.34 5/8 24.51 3/4 21.67 3/4 32.51 1 30.71 1 46.08 1 1/2 59.62 1 1/2 89.42 2 99.36 2 149.06 3 153.59 3 230.33 4 239.31 4 358.97 5 358.97 5 538.46 6 538.46 6 807.66 7 807.66 7 1,211.53 8 1,211.53 8 1,817.29 9 1,817.29 9 2,725.97 10 2,725.97 10 4,088.94 Commodity rate(per th.Gallons) Commodity rate(per th. Gallons) 2,001-15,000 3.70 2,001-15,000 5.55 15,001-25,000 4.61 15,001-25,000 6.89 25,001-40,000 4.92 25,001-40,000 7.35 40,001 and over 5.36 40,001 and over 8.05 2014-2015 Proposed Water Rates(includes a 3%increase) Inside city Outside city Meter size Meter size (inches) Rate (inches) Rate 5/8 16.83 5/8 25.25 3/4 22.32 3/4 33.49 1 31.63 1 47.46 1 1/2 61.41 1 1/2 92.10 2 102.34 2 153.53 3 158.20 3 237.24 4 246.49 4 369.74 5 369.74 5 554.61 6 554.61 6 831.89 7 831.89 7 1247.88 8 1247.88 8 1871.81 9 1871.81 9 2807.75 10 2807.75 10 4211.61 Commodity rate(per th. Gallons) Commodity rate(per th. Gallons) 2,001-15,000 3.81 2,001-15,000 5.72 15,001-25,000 4.75 15,001-25,000 7.10 25,001-40,000 5.07 25,001-40,000 7.57 40,001 and over 5.52 40,001 and over 8.29 20 2013-2014 Sewer Rates Inside city Outside city Meter size Meter size (inches) Rate (inches) Rate 5/8 15.83 5/8 23.75 3/4 19.22 3/4 28.86 1 26.05 1 39.08 1 1/2 43.10 1 1/2 64.64 2 63.52 2 95.32 3 111.26 3 166.89 4 179.42 4 269.14 5 287.08 5 430.63 6 459.34 6 689.00 7 734.55 7 1102.39 8 1,175.88 8 1,763.80 9 1,881.39 9 2,822.10 10 3,010.24 10 4,515.34 Commodity rate(per th. Gallons) Commodity rate(per th. Gallons) Residential(over 2,000 gal) 3.32 Residential(over 2,000 gal) 4.99 Commercial(over 2,000 gal) 4.49 Commercial(over 2,000 gal) 6.71 2014-2015 Proposed Sewer Rates(includes a 3%increase) Inside city Outside city Meter size Meter size (inches) Rate (inches) Rate • 5/8 16.30 5/8 24.46 3/4 19.80 3/4 29.73 1 26.83 1 40.25 1 1/2 44.39 1 1/2 66.58 • 2 65.43 2 98.18 3 114.60 3 171.90 4 184.80 4 277.21 5 295.69 5 443.55 6 473.12 6 709.67 7 756.59 7 1135.46 8 1211.16 8 1816.71 9 1937.83 9 2906.76 10 3100.55 10 4650.80 Commodity rate(per th. Gallons) Commodity rate(per th. Gallons) Residential(over 2,000) 3.42 Residential(over 2,000) 5.14 Commercial(over 2,000) 4.62 Commercial(over 2,000) 6.91 21 20 Year Bond Projects $3,200,000 Phase 5 Residential Street Reconstruction -REGAN,NASH,ROBERTS,STRICKLAND $18,218,072 Wastewater Treatment Plant Expansion to 4.5 MGD $429,000 Water Tower Rehab(EST#2)to meet TCEQ mandated maint and OSHA safety standards $460,279 Water Tower Rehab(EST#1)at Clover Valley to meet TCEQ mandated maint and OSHA safety standards $75,000 Office Creek Pump Station tank#1 Maintenance-repair leak(1.8 million gallon per year),paint interior pipes and install ladder safety climb equip. $141,750 Water Quality&Treatment Equipment(EST1,2,&3)-Install water circulating systems to meet TCEQ quality standards&prevent stagnation. $70,000 Water Quality&Treatment Equipment(EST 3)-Install chemical feeder and online analyzers to meet TCEQ water quality standards. $370,228 Water Tower Rehab(EST#3)at North Colony to meet TCEQ mandated maint and OSHA safety standards $100,000 Repair/Update-13 Lift Stations-replace failing pumps and electrical components and security fences $23,064,329 Total Bond Projects Short term Debt, Lease Purchase, Capital Market Funding Projects $117,000 16 yard Dump Truck to haul concrete from street and sidewalk repairs-Payback in 4 years. $170,000 Trackhoe for street,sidewalk,and drainage.Payback 9 years. $120,000 Backhoe $45,000 Fire-Replace(1)Staff Vehicle-1 SUV including emergency equip. $248,000 Replacement Ambulance/Equip&Increase Reserve Fleet.Replace current ambulance with 97,000 plus miles. $210,000 6 Vehicle Replacements(5-Patrol,1 Unmarked) $25,000 Replace Pickup 352 $935,000 Total Short Term Financing Cash Projects $5,000 kiosk for Utility Payments-Incode Updated $6,500 Electronic Agenda Mgmt System for CC/Boards-no meeting component $10,000 Upgrade Council presentation equipment with flat screen TV monitors in Chambers $17,000 Replace 10 servers.15 serves are past warranty,9 are 5 years old or older,4 are 4 years old $5,000 Upgade Contribute software-Used to upload info on City website $7,000 School Zone Flashers $10,000 Replace Street Signs $10,000 Replace Traffic Control Signs $7,500 Electronic Sign Boards $18,000 Replace roof at Office Creek $20,000 Paint Cluster mailboxes $45,000 Upgrade City Works Software Server Version-to replace desktop versions and meet requirement to track sign reflectivity $40,000 Incoming Call Recording-Digital Voiceprint Upgrade compatible with existing phone system Cash Projects22Continuted $3,000 Fuel Tank(to refill generators) $3,000 Replace Outdoor Kennels at Animal Ctrl.Current kennels beyond repair.1/2 of$6k to be matched by AC donations for balance $5,000 Transmission Flush Machine $25,000 1/2 Salary of Emergency Management Coordinator-Shared with City of Little Elm $500,000 3%Raises $15,000 PO Vest Replacements $752,000 Total Short Term Financing CDC PROJECTS $60,000 Perryman Park Lot Expansion(add to$20K budget for concrete instead of grass pave) $15,000 N.Colony Bike Route(ramps and trail connector east of Paige) $100,000 S.Colony Bike/Trail(slip road cut thru's and trail) $15,000 West Shore Master Plan/Development $60,000 Five Star Upgrades/Repairs(shade,paint,signs,goals,material cover,etc.) $350,000 Veteran's Memorial(Phase I)(amount may change after cost est.completed in Master Plan) $75,000 Pond Improvements&Aeration @ Lions Club-(Add$75,000 to$150,000 already budgeted if needed??) $150,000 Image Enhancement Projects(Landscaping/Irrigation for future projects) $200,000 Dog Park Development(set aside$300K until location decision-add$250K when construction begins) $25,000 Playground Equipment Replacement-Slay/Baker $15,000 Utility Vehicle-Field Groomer $40,000 Light Duty 1 Ton Pickup-Landscape Bed-#Replace#553-old dump truck) $20,000 Zero-Turn Mower-Replace 555E (bigger deck-more efficient) $85,000 Ultraviolet Sanitation for pools $5,000 Pool play piece for in-water play $1,215,000 Total CDC PROJECTS LAKE PARKS PROJECTS $100,000 Plant Trees&Expand Irrigation $150,000 Fishing Pier $250,000 Total Lake Parks Projects 23