The URL can be used to link to this page

Home My WebLink About09/08/1992 City Council 0O449;3 MINUTES OF THE CITY COUNCIL MEETING HELD ON SEPTEMBER 8, 1992 The Special Session of the City Council of the City of The Colony, Texas was called to order at 7:00 p.m. on the 8th day of September, 1992 at City Hall with the following Council roll call: William W. Manning, Mayor Present Mike Lynch, Councilman Present Billy Sharp, Councilman Present Joe Agnew, Councilman Present Tom Bogan, Councilman Absent John Dillard, Councilman Present Joel Marks, Mayor Pro-tern Absent (arrived 7:15) and with five present, a quorum was established and the following items were addressed: 1. CONSIDERATION OF A RESOLUTION APPROVING A POLICY POSITION ON VEHICLE INSPECTION AND MAINTENANCE PROGRAM Bill Hall explained that there is a move to established centralized vehicle inspections stations across the State, which would mean we would no longer have choices as to where to get a vehicle inspected. Mr. Hall said N.C.T.C.O.G. has requested approval of a policy position, supporting decentralized vehicle inspection in the Dallas/Ft. Worth area. Councilman Lynch noted the first two sections of the resolution seem to be incorrect. Patti Hicks said she would correct them before sending them on to N.C.T.C.O.G. Mayor Manning read the caption as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS APPROVING A POLICY POSITION ON VEHICLE INSPECTION AND MAINTENANCE PROGRAM Motion to approve the resolution - Agnew; Second - Lynch. The motion carried with a unanimous roll call vote. 2. WORK SESSION REGARDING THE 1992-93 PROPOSED MUNICIPAL BUDGET Before the work session started James England gave a presentation to the council to more fully explain the work sheets used in budget preparation. Mr. England, using overheads covered Debt Service, Ad Valorem Tax Assessment, Budget Expenditure Analysis, Tax Revenue Analysis and Budget Summaries, for both the General and Utility Funds (See Attachment "A"). 2 004494 7:15 p.m. Councilman Marks arrived Councilman Sharp stated that he was glad there was a large audience present so they could see how the City's financial status had reached this dire situation, and that perhaps the audience could now see what the council is faced with in making decisions. He went on to say, the City can only take from the savings accounts so many times. There followed a lengthy discussion regarding the tax rate and how it can be adjusted to cover maintenance and operation and debt service. Councilman Lynch asked for a copy of Mr. England's presentation. Mr. Hall stated that it is the same sheets the council uses in the work sessions and that all of these sheets have been previously handed out. CAPITAL EXPENDITURES Mayor Manning advised the Department Heads present that if they had asked for something, the council needs to know if the department can live without it or not. GENERAL ADMINISTRATION - Upgrade Sound System in Council Chambers - $2000.00 Councilman Marks stated he felt this could wait another year. All council agreed. CITY SECRETARY - Amplifier for Hearing Impaired - $750.00 - Mandated by law. No discussion. PARK AND RECREATION - 2 Weed Eaters - $580.00, 1 Power Blower - $250.00, 1 8' Landscape Rake - $950.00, 2 Spill Containment Systems - $625.00, 1 Hand Held Spray Tank - $150.00, 1 200 Gallon Spray Tank - $850.00, 1 Poly Drum Truck & Dispenser - $300.00, 1 Chemical Hose Reel - $600.00. Mayor Manning asked if field maintenance was given back to the sports organizations what items could be cut. Sylvia Brantley said P & R would still have to maintain the softball fields and noted that weed eaters will still be needed, going on to say that even if the organizations do take over the maintenance, the City is still responsible. AQUATIC PARK 1 Push Mower - $1950.00, 2 Two Tier Lockers - $2000.00, 6 Wide Base Cones - $500.00. Ms. Brantley said unless the mowing at the pool is contracted the mower will be needed. Ms. Brantley also told the council, the lockers are definitely necessary as are the wide base cones. Councilman Agnew asked how often the mower would be used and if other departments could use it. Ms. Brantley said probably the mower would be used once 3 it week. There was a brief discussion regarding the lockers and Ms. Brantley said Elise Knox has said that if the lockers are not approved, then she will contact LISD about getting used ones donated from them. ANIMAL AND WILDLIFE DIVISION Computer - $1000.00 Mayor Manning said this price is more reasonable and that he is in favor of this purchase. Councilman Dillard agreed, reminding everyone this is a revenue producing department. There followed a brief discussion, after which all council agreed the computer should be purchased. FIRE DEPARTMENT Rescue Tool - $7110.00, Intercom System (Engines I & II) - $3500.00, SCBA Bottles- $3720.00, Ventilation Fan - $1390.00, High Angle Rescue Equipment - $2500.00 Chief Morrison responded to questions regarding the bottles, stating they are to replace old steel bottles, noting the new ones hold more air. The Council asked a few questions regarding the other items. POLICE DEPARTMENT Computer System - $35,000.00, 2 chairs - $900.00, Work Station - $1100.00, 2 Safety Vests - $1000.00 There was a brief discussion regarding all items. Captain Carroll stated the work station is for existing equipment and that the safety vests will only be ordered if the existing ones do not fit new officers. When asked what the department would do if no computer system is purchased, Captain Carroll said they would limp along. Captain Carroll also noted the chairs are expensive because they are of heavy duty construction, for 24 hour use. HBRARY 4 Book Trucks - $600.00, 4 Work Stations & Hub - $7650.00, 2 Public Computer Tables - $670.00. Ms. Sveinsson advised the council that she had acquired a new price of $6410.00 for the work stations and hub and a price of $670.00 for the tables. There followed a lengthy discussion regarding the work stations and hubs. Mayor Manning stated he has some equipment he can donate if the new equipment is approved. 4 004496 PUBLIC WORKS 1 Two axle trailer - $1800.00, I 3/4 ton pick-up truck - $15,000.00 Ken Leverich said the truck is to replace a 1984 truck, noting that a crew cab is not necessary and that the price would be around $13,000 to $14,000. Mr. Leverich told the council that his department could do without the truck another year if necessary. UTILITY ADMINISTRATION Computer $2500.00 Ms. Jackie Carroll reminded the council that this is to interface with the main system, but is for the clerks to do letters and reports on, instead of using a typewriter. WATER Shoring Equipment - $5000.00, 3-Way Recovery System - $2530.00, Aluminum Tripod - $475.00 David Yordy said the price on the shoring equipment is $4800.00 and went on to say if the jet truck is rehabilitated, then the recovery system and tripod could wait, explaining that with the truck working, the lines can be kept open and having to go into a manhole will - not be as likely. The Council asked about the gas detector that had been previously cut. Mr. Yordy said the Fire Department does have a gas detector but it only detects gasses on the surface not on the bottom of a manhole. Mr. Yordy said the one he proposed has 28' probes to measure gasses on the bottom. Councilman Lynch said he wants the gas detector put back in the budget. All agreed. WASTEWATER Ice Maker - $1050.00, Refrigerator - $800.00, 2 Loop Calibrators - $950.00, Operating Pressure Washer - $1250.00, Drill Press - $600.00 Kenneth Huffman said the top 4 items are to maintain compliance with the EPA requirements but said he can do without the drill press. There was no discussion. VEHICLE MAINTENANCE Freon Recovery Machine - $4100.00, Puller Set - $420.00, Air Impact Wrenches - $600.00, Set of 5 Ton Jack Stands - $210.00, Cobalt Drill Bit Set - $220.00 The Council had no questions for Mr. Owens. 00449 / The Council discussed each department making cuts or recommendations. All Council agreed that some upgrade needs to be made in the chambers sound system and put $500.00 back in the budget for a pre-amp, which Mr. Hall said would improve the sound. In Park and Recreation, the council agreed to cut the power blower and landscape rake, and to cut the mower in the Aquatic Park. The council agreed to purchase the rescue tOol'~nd ~the SCBA bottles in the Fire Dept. It was agreed the computer in the police department would be put on hold until September 9 when more figures were available, but that all the other items would be approved. Councilman Dillard stated that he felt it was risky to spend so much money on computers in such a tight budget situation. Councilman Lynch said the computer would increase efficiency in the Library and Councilman Sharp said if that happened then he would want to see personnel decreased. The computer and tables in the library were also put on hold until September 9, but the book trucks were approved. The Council also agreed to hold the truck for Public Works until September 9, but to approve the trailer. These cuts made in the General Fund total $24,085.00, not including the computers and the truck. Regarding the computer in Utility Administration, Councilman Agnew asked if the NCR computer at City Hall could be moved to the Utility Building, since the main system in that building is NCR, it would be compatible, and then a new computer be purchased to replace it. If this is done, Councilman Agnew said the only thing to be purchased at the Utility Department would be a printer. Mr. England said that would work well. All agreed to put in $500.00 in Utility Administration for a printer and $1000.00 in City Secretary for a computer in Central Records to replace the NCR being used now by the Records Supervisor. The Council agreed that all requests in the Water Department be approved, including putting $1475.00 back in for the gas detector. Also approved were all items in the Wastewater Dept. except the drill press. All items in Vehicle Maintenance were approved. With all cuts and changes the total for the Utility Fund is $19,380.00 and the total for General Fund is $25,085.00, which makes the total capital expenditures $44,465.00 not including the computers and the truck. There was discussion regarding putting the computers and truck back into the budget which would make the total expenditures $101,545.00. Mr. England said the annual impact to the budget if those three items are added back in would be approximately $38,000.00. The council briefly discussed Capital Projects; Irrigation system at the Aquatic Park and rehabilitation of the jet truck in the Water Department. All council agreed the rehabilitation of the jet truck is necessary but wanted to get a better quote on what the actual costs will be. Also discussed was the repainting and repairing of the water tower on N. Colony. Mr. Hall said the money for that will be taken from funds left over from the bond money. Council agreed updated estimates on costs and full appraisal of the condition of the tower was necessary. With the hour being late, Mayor Manning entertained a motion to adjourn, stating that personnel would be addressed at the September 9, 1992 meeting. 6 00449 Motion to adjourn - Dillard, Second - Marks. All Ayes. Mayor Manning adjourned the meeting at 10:30 p.m. APPROVED: William W. Manning, Mayor ATI~ST: Patti A. Hicks, CMC/AAE, City Secretary 7 · 00449;~ ATTACHMENT "A- 1" FINANCE DEPARTMENT BUDGET WORK SESSION SEPTEMBER, 1992 ATTACHMENT "A2" CITY OF THE COLONY BOND ISSUES PAYABLE SEPTEMBER 30, 1991 GENERAL FUND LONG-TERM ENTERPRISE DEBT GROUP FUND Series 1979 general obligation bonds, 5.70% to 7.70%, maturing in annual installments of $15,000 to $65,000 through 2005 $ 600,000 Series 1989 refunding general obligation bonds, 5.9% to 7%, maturing in annual installments of $50,000 to $815,358 through 2010 5,308,189 Series 1985 tax and revenue bonds, 5.5% to 9.5%, maturing in annual installments of $120,000 to $2,380,000 through 2007 $19,514,914 Total bonds payable $5,908,189 $19,514,914 ATTACHMENT "A-3" 004~0i 1991-92 ANNUAL BUDGET AD VALOREM TAX ASSESSMENT SUMMARY 1990-91 1991-92 AMOUNT PERCENT AMOUNT PERCENT RESIDENTIAL $439,690,197 68.8 $456,782,803 74.9 COMMERCIAL AND INDUSTRIAL 107,769,346 16.9 100,212,820 16.4 FARM LAND 91,353,986 14.3 52,705,054 8.7 GROSS ASSESSMENT $638,813,529 100.00 $609,700,67'7 100.00 EXEMPT PROPERTY $31,992,583 $32,942,355 AGRICULTURAL EXEMPTION 90,670,011 52,037,793 SENIOR CITIZEN EXEMPTION 1,694,345 1,899,380 DISABLED PERSON EXEMPTION 310,000 300,000 DISABLED VETERAN EXEMPTION 160,653 165,153 TOTAL EXEMPTIONS $124,827,592 $87,344,681 NET ASSESSMENT $513,985,937 $522,355,996 TAX RATE PER $100.00 $0.74 $0.75 GROSS TAX LEVY $3,803,497.41 * $3,917,669.97 ACTUAL TAX ROLL TOTAL --6-- ATTACHMENT "A-4" CITY OF THE COLONY PROPERTY TAX EXEMFTIONS JANUARY, 1992 STATE PROPERTY TAX LAW Over Age 65 $10,000.00" Social Security Disability $10,000.00 * Only one (1) of the above exemptions may be claimed by a Property Owner. FEDERAL PROPERTY TAX LAW Veteran Disability $1,500.00 to $3,000.00 ** The Veteran Disability exemption is based on the percentage of the physical disability. ATTACHMENT "A-5" 004~0~ CITY OF THE COLONY GENERAL OBLIGATION BONDS DEBT SERVICE PAYMENT SCHEDULE GENERAL FUND YEAR PRINCIPAL INTEREST TOTAL 1991-92 $125,000.00 $211,172.50 $336,172.50 1992-93 130,000.00 203,572.50 333,572.50 1993-94 145,000.00 195,080.00 340,080.00 1994-95 190,000.00 184,697.50 374,697.50 199b-96 205,000.00 172,120.00 3'77,120.00 1996-97 215,000.00 158,617.50 373,617.50 1997-98 230,000.00 144,340.00 374,340.00 1998-99 245,000.00 128,957.50 373,957.50 1999-2000 260,000.00 112,230.00 372,230.00 2000-01 280,000.00 94,282.50 .374,282.50 2001-02 270,000.00 75,622.50 345,622.50 2002-03 290,000.00 56,616.25 346,616.25 2003-04 315,000.00 35,950.00 350,950.00 2004-05 335,000.00 13 , 675.00 348,675.00 2005-06 111 , 475.00 238 , 525.00 350 , 000 . 00 2006-07 293,782.50 696,217.50 990,000.00 2007-08 815,358.25 2,159,641.75 2,975,000.00 2008-09 752,318.00 2,222,682.00 2,975,000.00 2009-10 700,255.50 2,274,744.50 2,975,000.00 TOTALS $5,908,189.25 $9,378,744.50 $15,286,933.75 -32- 00450~i ATTACHMENT "A-6" 1991-92 ANNUAL BUDGET ANALYSIS OF TAXES RECEIVABLE GENERAL FUND ASSESSED FISCAL TAX VALUATION TAX CURRENT PERCENT YEAR YEAR (100% BASlS) PATE TAX LEVY COLLECTIONS COLLECTED ENDED 1977 42,180,666 0.15 63,271 63,271 100.00% 9/30/78 1978 82,940,700 0.13 107,823 107,823 100.00% 9/30/79 1979 131,778,947 0.19 250,380 250,380 100.00% 9/30/80 1980 168,092,162 0.37 621,941 62!,731 99.97% 9/30/81 1981 181,65'7,142 0.42 762,960 762,143 99.89% 9/30/82 1982 303,131,764 0.34 1,030,648 1,029,625 99.90% 9/30/83 1983 320,814,865 0.37 1,187,015 1,186,147 99.93% 9/30/84 1984 343,018,684 0.38 1,303,471 1,301,409 99.84% 9/30/85 1985 408,370,976 0.41 1,674,321 1,673,184 99.93% 9/30/86 1986 487,851,471 0.41 2,000,191 2,000,473 100.01% 9/30/87 1987 504,295,185 0.48 2,420,617 2,408,079 99.48% 9/30/88 1988 523,663,548 0.43 2,251,753 2,237,658 99.37% 9/30/89 1989 523,743,571 0.46 2,409,220 2,391,153 99.25% 9/30/90 1990 515,473,333 0.45 2,319,630 2,308,675 99.53% 9/30/91 1991 522,355,996 0.50 2,611,780 2,585,662 ~ 99.00% 9/30/92 'ESTIMATED -33- 004505 ATTACHI~IENT CITY OF THE COLONY TAX AND REVENUE BONDS DEBT SERVICE PAYMENT SCHEDULE YEAR PRINCIPAL INTEREST TOTAL 1991-92 $1,195,000.00 $1,436,675.00 $2,631,675.00 1992-93 1,285,000.00 1,347,050.00 2,632,050.00 1993-94 1,380,000.00 1,247,463.00 2,627,463.00 1994-95 1,455,000.00 1,137,062.00 2,592,062.00 1995-96 1,575,000.00 1,017,025.00 2,592,025.00 1996-97 1,710,000.00 884,725.00 2,594,725.00 1997-98 1,855,000.00 739,375.00 2,594,375.00 1998-99 2,015,000.00 579,845.00 2,594,845.00 1999-2000 2,190,000.00 404,540.00 2,594,540.00 2000-01 2,380,000.00 211,820.00 2,591,820.00 2001-02 541,721.00 2,083,279.00 2,625,000.00 2002-03 489,484.00 2,135,516.00 2,625,000.00 2003 -04 441,840.00 2,183,160.00 2,625,000.00 2004-05 398,475.00 2,226,525.00 2,625,000.00 2005-06 359,021.00 2,265,979.00 2,625,000.00 2006-07 244,373.00 1,740,627.00 1,985,000.00 TOTAL $19,514,914.00 $21,640,666.00 $41,155,580.00 45- CITY OF THE COLONY CERTIFICATES OF OBLIGATION DEBT SERVICE PAYMENT SCHEDULE UTILITY FUND YEAR PRINCIPAL INTEREST TOTAL 1991-92 $ 2,000.00 $ 4,347.50 $ 6,347.50 1992-93 3,000.00 4,162.50 7,162.50 1993-94 3,000.00 4,162.50 7,162.50 1994-95 4,000.00 3,607.50 7,607.50 1995-96 4,000.00 3,237.50 7,237.50 1996-97 5,000.00 2,867.50 7,867.50 1997-98 5,000.00 2,405.00 7,405.00 1998-99 5,000.00 1,942.50 6,942.50 1999-2000 5,000.00 1,480.00 6,480.00 2000-01 5,000.00 1,017.50 6,017.50 2001-02 5,000.00 555.00 5,555.00 2002-03 1.000.00 92.50 $ 1,092.50 TOTAL $47,000.00 $29,877.50 $ 76,877.50 ATTACHMENT "A-9" 0 0 4 ~ 0 '~' ANALYSIS OF TAXES RECETVABLE UTILITY FUND ASSESSED FISCAL TAX VALUATION TAX CURRENT PERCENT YEAR YEAR (100% BASIS) RATE TAX LEVY COLLECTIONS COLLECTED ENDED 1974 4,514,600 0.50 22,573 22,573 100.00% 9/30/75 1975 11,978,470 0.85 101,817 101,817 100.00% 9/30/76 1976 25,933,647 0.85 220,436 220,436 100.00% 9/30/77 1977 40,002,714 0.70 280,0].9 280,019 100.00% 9/30/78 19';8 82,351,384 0.65 535,284 535,284 100.00% 9/30/79 1979 128,506,6].5 0.65 835,293 835,293 100.00% 9/30/80 1980 163,448,769 0.65 1,062,417 1,061,886 99.95% 9/30/81 1981 176,132,000 0.65 1,144,858 1,143,594 99.89% 9/30/82 1982 297,588,348 0.42 1,249,871 1,241,032 99.29% 9/30/83 1983 314,583,810 0.42 1,321,252 1,319,809 99.89% 9/30/84 1984 338,865,745 0.47 1,592,669 1,583,264 99.41% 9/30/85 1985 38].,406,809 0.47 1,792,612 1,776,557 99.10% 9/30/86 1986 487,851,471 0.34 1,658,695 1,649,537 99.45% 9/30/8'7 1987 504,295,185 0.27 1,361,597 1,354,545 99.48% 9/30/88 1988 523,663,548 0.31 1,623,357 1,618,940 99.73% 9/30/89 1989 523,743,571 0.28 1,466,482 1,455,408 99.24% 9/30/90 1990 515,473,333 0.29 1,494,873 1,487,869 99.53% 9/30/91 1991 522,355,996 0.25 1,305,890 1,292,831 * 99.00% 9/30/92 *ESTIMATED -47- 004508 ATTACHMENT A-10" FINANCE DEPARTMENT BUDGET EXPEN'DITURE .4aNALYSIS AUGUST, 1992 1991-92 1992-93 PERCENTAGE BUDGET BUDGET CHANGE General Fund $5,402,360.00 $5,510,560.00 2.0% Utility Fund 4,280,000.00 4,154,550.00 (2.9) % General Debt Service Fund 336,180.00 334,000.00" (0.6)% Utility Debt Service Fund 2,638,020.00 2,639,220.00'" .1% Stewart Creek Park Fund 74,350.00 81,240.00 9.3% TOTAL $12,730,910.00 $12,719,570.00 .0% Includes $150,000 from the Land Fund. Includes $400,000 from the Land Fund (same as 1991 - 92 Fiscal Year). Also, includes $175,000 from Meter Deposit Fund. ATTACHMENT "A-Il" 004505 FIaNANCE DEPARTMENT TAX REVENUE ANALYSIS 1992-93 BUDGET YEAR GENERAL FUND OPERATIONS $530,000,000. x .0048 $ 2,544,000. x .98 $ 2,493,000. GENERAL FUND DEBT SERVICE $530,000,000. x .0003 $ 159,000. x .98 $ 156,000. UTILITY FUND DEBT SERVICE $530,000,000. x .0024 $ 1,272,000. x .98 $ 1,246,000. 0045i0 ATTACHMENT "A-12" 1992-93 ANNUAL BUDGET STEWART CREEK PARK SUMMARY 1990-91 1991-92 1992-93 ACTUAL PROJECTED BUDGET REVENUE FEES AND PERMIT:.:; $57,002 $68,000 $74,00C) INTEREST tNC:F)ME 2,805 1,700 1,500 TOTAl.. ,. ,-,- $ D ,d o .,,.,07 $69,700 $75,50(.) EXPENDTTtIRFfi; 96-6.tlC) TiALARIE:~ $0 $1,700 $1.,50 C:ONTRACTIJAL .,E RVIC, ES 96-Fi,? l '~ :':(')NTRAC TI. AI~ ':' - ' E:~; , ., ..-, t: R V .I (.': $ 4 C) 4 (fi 9 $ .., 7, C) 00 6';" fi " ,.J. PRINTING ..:,ERVIC:Eb 1 "'1 2 600 2 300 ~ 0 '~" , e (-- - 6 ..... [:., A C) V E R T.! J I N .= 8, N 0 T i C E ::; 0 () 5 6,:.4! FI.FC. TRIC :-,ERV]'C:E 3,495 4,900 5,690 6,_44 !r:.I.FPH(.')NE ':'ERVIF:E 479 700 SIJP,-TOTAI. $45 '~"~4 $45 200 $49 540 '-',I~PPL I E~ .~ .. - ~.. 10 ~'~ F F I C: E 3 U P P 1. T E '.'; $ 5 C) $ 200 $ 30 6345 CHEHT. CAI.~ 1 480 2,000 2,TM - , U( ,(_~ 6390 HIC:~CEI_LANFOU~' ::~UPPI..'[E:"; 7 D' .... ,6 5 (.') 0 6 SIJB-T[T)TAL. ¢':' 266 $2 700 $2' 900 MAINTENANCE 96-6420 ':TRFET & DRAINAGE $(] $2,000 $2,C)C)0 6425 TRAFFIC :!~ STREET SIGN 417 300 300 644.5 F¢ AI-.~ I (:) 250 0 0 6450 PARK '3,744 8,000 9,000 .c;I/B-T '~'FA._ $4,4_1. 1 $10,300 $11 , 300 CAP'[TAL OUTLAY 96-661C) F'ARK IMPROVEMENT:F; $5 ~°'" , ,.~ ,. $ 9,000 $ .t 5., 000 6690 CDTHER EQUZPMENT 861 1,000 1,000 SLIB-TOTAL $6,043 $.10,000 $ FL6,000 F.)EPARTMFNT TOTAL. $59,C)44 $69,900 FUND [SAL. ANCE $44,.)` $3 , ,.~,0 $44,060 8 320 ATTACHMENT "A-13" 1992-93 ANNUAL BUDGET G~NERAL FUND D6~T S~RVI(.'.~ SUMMARY !990-9i .1991-92 1992-93 ACTUAL PRO,]ECT~D BUDGET T [,,IT C ~ ~ '.:.; T T"w~'° TMENT3 ~ ~0,759 .t ..',: OLX.., $ I , ..,6,0~ 2 9'3,000 2= L A :'.1 [') F. N D .l '~ ' . ..... ~ ,A~ . 0 r'7S FUND :, 342 IR '" ' ..... ""' 1 .-,b AD VALORC;,1, .... T~×F. fi .... .:, .:~(3" t:5,OO0.., . 156 , T,=~',l $15'~, A,-'3 $30! OQO ~' '~" ~XPENDIT[JR~S ,d2, 1989 1979, !a'''' ..... ~ 41 , 705 '" '~ ':' GENERAL OBLZGATZ('I,N BONDS *'* ~..,.,m,O00 FUND 8ALA,N['.E $4.0,L')00 $5,000 $3,0OO TAX RATE $0.00 $0.03 $0.03 1992-93 ANNUAL BUDGET UTILITY FUND SIJMMARY 1990-91 1991-92 1992-93 ACTUAL PROJECTED BUDGET REVENUE CLASSIFICATION WATER SERVICE $2,107,452 $2,125.000 $2,150 000 ~EWER SERVICE I 304 589 1 575 000 1 650 000 RECONNECT FEES 10,340 11 000 12 PENALTIES 61,408 67 000 86 ODD TAP CONNECTION FEES 7 127 5 000 1 O00 VEHICLE SERVICES 112 859 104 000 102 000 INVESTMENT INCOME 130 196 39 000 .18 000 MISCELLANEOIJS 56 127 14,000 13 550 TRANSFER FROM LAND FUND 100 000 200,000 0 TOTAL $3,890 098 $4,140,000 $4,032,550 EXPENDITURES WATER $1,306,574 $1,263,990 $!,298,380 WASTEWATER 608,634 648,190 673,610 UTILITY ADMINISTRATION 449,764 442.910 473,770 VEHICLE MAINTENANCE 241,185 226,860 245,220 TAX OFFICE 67,363 61.790 62,570 CAPITAL OUTLAY 16,263 0 0 TRANSFER TO GENERAL FUND 600,000 600,000 600,000 DEPRECIATION EXPENSE 100,O00 0 0 TRANSFER TO DEBT SERVICE 900,000 800,000 800,000 TOTAL $4,289,783 $4.043,540 $4,154,550 FUND BALANCE $362,540 * $459,000 $337,000 · INCLUDES PARTIAL ANNUAL DEPRECIATION EXPENSES. ATTACHMENT "A- 15" UTILITY FUND DEBT SERVICE SUMMARY ~ 990-9.1 1991-92 t992-9'~ ACTUAL PRO,]ECTED BUDGET REVEN ~E TRANSFER FR~M TAX FUND .~,E~53,000 1,.,Ot,,O00 ~.,UU,OOO 8C)0 ~'-" ,~.:, :R FR.~! 1"¢SlEMg FUNO 900,000 . TRANSFER FRF~H. F ~ '~ 3 (CENTEX I. .. . R~,,].,FER F,~L,M METER BEPOS;T FUND 0 0 TRANSFER FROM LAND FUND 0 ~00,000 ~00,000 19,..85 REFUNOZNG BONDS ~Z 627 150 ~2 "~ EASTVALE CERTZFZCATES OF OBLIGATION 6,540 6,350 7,170 5 ....220 6,.,.¢ 690 $2 638 020 ~2 '*~ FUND BALANCE $5,000 $20,O00 $~2,O00 TAX RATE $0.29 $0.25 $0.24