City of CollegeCity of College
StationStation
FY 2013-2014FY 2013-2014
Proposed Budget OverviewProposed Budget Overview
Au...
Mission StatementMission Statement
On behalf of the citizens of CollegeOn behalf of the citizens of College
Station, home ...
Council Strategic InitiativesCouncil Strategic Initiatives
Good GovernanceGood Governance
Financially Sustainable CityFina...
FY 2013-2014 Proposed BudgetFY 2013-2014 Proposed Budget
Operations & Maintenance $215,769,002Operations & Maintenance $21...
Key Budget PointsKey Budget Points
Moving forward after several years ofMoving forward after several years of
reductions a...
Key Budget PointsKey Budget Points
New opportunities for additional growth withNew opportunities for additional growth wit...
Key Budget PointsKey Budget Points
Maintaining priority service levels, andMaintaining priority service levels, and
enhanc...
Upcoming Key Policy DecisionsUpcoming Key Policy Decisions
Selection of a new City ManagerSelection of a new City Manager
...
Continued EconomicContinued Economic
RecoveryRecovery
Property ValuesProperty Values
– Certified values $6,231,119,010Cert...
Provide funding for:Provide funding for:
Debt ServiceDebt Service
Operations and MaintenanceOperations and Maintenance
P...
Continued EconomicContinued Economic
RecoveryRecovery
Sales TaxSales Tax
– Sales tax continues to be strongSales tax conti...
Organization RestructuringOrganization Restructuring
and Streamliningand Streamlining
Previous Budget reductionsPrevious B...
Competitive and SustainableCompetitive and Sustainable
Pay and BenefitsPay and Benefits
Attract and retain well qualified ...
Maintaining Priority ServiceMaintaining Priority Service
LevelsLevels
Public SafetyPublic Safety
– Additional Police resou...
Continuing to Invest inContinuing to Invest in
Capital InfrastructureCapital Infrastructure
Streets and TransportationStre...
Financial ForecastFinancial Forecast
Show future impact of current decisionsShow future impact of current decisions
Fiscal...
Proposed Budget AssumptionsProposed Budget Assumptions
and Decision Pointsand Decision Points
Base budget funds current se...
Proposed Budget AssumptionsProposed Budget Assumptions
and Decision Pointsand Decision Points
Effective tax rate of 42.595...
CalendarCalendar
 Thursday August 8 – Present Proposed BudgetThursday August 8 – Present Proposed Budget
 Monday August ...
CalendarCalendar
 Internal Service FundsInternal Service Funds
 Outside AgenciesOutside Agencies
 Discuss Tax RateDiscu...
Council DiscussionCouncil Discussion
2121
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FY14 Proposed City Budget

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FY14 Proposed City Budget

  1. 1. City of CollegeCity of College StationStation FY 2013-2014FY 2013-2014 Proposed Budget OverviewProposed Budget Overview August 8, 2013August 8, 2013 11
  2. 2. Mission StatementMission Statement On behalf of the citizens of CollegeOn behalf of the citizens of College Station, home of Texas A&M University,Station, home of Texas A&M University, we will continue to promote andwe will continue to promote and advance the community’s quality ofadvance the community’s quality of life.life. 22
  3. 3. Council Strategic InitiativesCouncil Strategic Initiatives Good GovernanceGood Governance Financially Sustainable CityFinancially Sustainable City Core Services and InfrastructureCore Services and Infrastructure Neighborhood IntegrityNeighborhood Integrity Diverse Growing EconomyDiverse Growing Economy Improving MobilityImproving Mobility Sustainable CitySustainable City 33
  4. 4. FY 2013-2014 Proposed BudgetFY 2013-2014 Proposed Budget Operations & Maintenance $215,769,002Operations & Maintenance $215,769,002 Total CapitalTotal Capital $39,639,259$39,639,259 Total Proposed Net BudgetTotal Proposed Net Budget $255,408,261$255,408,261 44
  5. 5. Key Budget PointsKey Budget Points Moving forward after several years ofMoving forward after several years of reductions and realigning the organizationreductions and realigning the organization Continued economic recovery resulting in:Continued economic recovery resulting in: – Strong new property values, and sales tax revenueStrong new property values, and sales tax revenue increasesincreases Continued growth in major areasContinued growth in major areas – Higher EducationHigher Education - Medical District- Medical District – HealthcareHealthcare - Northgate/Univ Dr Corridor- Northgate/Univ Dr Corridor – Bio CorridorBio Corridor - Housing- Housing 55
  6. 6. Key Budget PointsKey Budget Points New opportunities for additional growth withNew opportunities for additional growth with agreements for preferred facilities access atagreements for preferred facilities access at TAMU facilitiesTAMU facilities Planning for new power supply opportunitiesPlanning for new power supply opportunities Providing competitive and sustainable pay andProviding competitive and sustainable pay and benefitsbenefits 66
  7. 7. Key Budget PointsKey Budget Points Maintaining priority service levels, andMaintaining priority service levels, and enhancing certain priority service levelsenhancing certain priority service levels Continuing to invest in capital infrastructure forContinuing to invest in capital infrastructure for a growing communitya growing community – Both new and existing infrastructureBoth new and existing infrastructure 77
  8. 8. Upcoming Key Policy DecisionsUpcoming Key Policy Decisions Selection of a new City ManagerSelection of a new City Manager – Budget prepared so as to give new City ManagerBudget prepared so as to give new City Manager flexibilityflexibility Creation of 2 new Municipal ManagementCreation of 2 new Municipal Management Districts in the Medical DistrictDistricts in the Medical District Consideration of planning a 2015 GeneralConsideration of planning a 2015 General Obligation Bond Election for InfrastructureObligation Bond Election for Infrastructure projects.projects. 88
  9. 9. Continued EconomicContinued Economic RecoveryRecovery Property ValuesProperty Values – Certified values $6,231,119,010Certified values $6,231,119,010 Increase of 4.82%Increase of 4.82% – Proposed tax rate is 42.5958 cents.Proposed tax rate is 42.5958 cents. This is the effective tax rateThis is the effective tax rate Current tax rate is 43.0687 cents.Current tax rate is 43.0687 cents. 99
  10. 10. Provide funding for:Provide funding for: Debt ServiceDebt Service Operations and MaintenanceOperations and Maintenance Proposed Property Tax RateProposed Property Tax Rate 1010 Approved FY 13 Change Proposed FY 14 Debt Service 19.5635 (0.2582) 19.3053 Operations and Maint. 23.5052 (0.2147) 23.2905 43.0687 (0.4729) 42.5958
  11. 11. Continued EconomicContinued Economic RecoveryRecovery Sales TaxSales Tax – Sales tax continues to be strongSales tax continues to be strong – FY 13 sales tax projected to be higher thanFY 13 sales tax projected to be higher than forecastforecast $22.9 million$22.9 million – FY 14 growth rate is 2.6%FY 14 growth rate is 2.6% $23.5 million$23.5 million Stronger economyStronger economy 1111
  12. 12. Organization RestructuringOrganization Restructuring and Streamliningand Streamlining Previous Budget reductionsPrevious Budget reductions – $7.6 million over the last 4 years$7.6 million over the last 4 years – 53.75 positions eliminated in FY 11 - FY 1353.75 positions eliminated in FY 11 - FY 13 Shifted ResourcesShifted Resources – Increased public safety by 45 positions fromIncreased public safety by 45 positions from FY 09 – FY 13FY 09 – FY 13 Additional Organization ChangesAdditional Organization Changes – Additional position reductionsAdditional position reductions 1212
  13. 13. Competitive and SustainableCompetitive and Sustainable Pay and BenefitsPay and Benefits Attract and retain well qualified workforceAttract and retain well qualified workforce Pay PlanPay Plan – 3.0% Pay Increase in proposed Budget3.0% Pay Increase in proposed Budget – Continue Police Step Plan, Fire and Electric PlansContinue Police Step Plan, Fire and Electric Plans BenefitsBenefits – Maintain Health InsuranceMaintain Health Insurance – Maintain Retirement - TMRSMaintain Retirement - TMRS 1313
  14. 14. Maintaining Priority ServiceMaintaining Priority Service LevelsLevels Public SafetyPublic Safety – Additional Police resourcesAdditional Police resources Public WorksPublic Works – Street MaintenanceStreet Maintenance – FacilitiesFacilities Parks and RecreationParks and Recreation UtilitiesUtilities 1414
  15. 15. Continuing to Invest inContinuing to Invest in Capital InfrastructureCapital Infrastructure Streets and TransportationStreets and Transportation Parks and RecreationParks and Recreation TechnologyTechnology Utility ProjectsUtility Projects – Electric, Water, Wastewater, DrainageElectric, Water, Wastewater, Drainage 1515
  16. 16. Financial ForecastFinancial Forecast Show future impact of current decisionsShow future impact of current decisions Fiscal and budgetary policiesFiscal and budgetary policies Revenue assumptionsRevenue assumptions Expenditure AssumptionsExpenditure Assumptions Aligning resources and priorities for long termAligning resources and priorities for long term future of College Stationfuture of College Station 1616
  17. 17. Proposed Budget AssumptionsProposed Budget Assumptions and Decision Pointsand Decision Points Base budget funds current service levelsBase budget funds current service levels – Maintain current service levelsMaintain current service levels – Not all needs are addressedNot all needs are addressed Service level increasesService level increases – Additional Public Safety resourcesAdditional Public Safety resources – Streets and TransportationStreets and Transportation 1717
  18. 18. Proposed Budget AssumptionsProposed Budget Assumptions and Decision Pointsand Decision Points Effective tax rate of 42.5958 proposedEffective tax rate of 42.5958 proposed – Lower than current rate of 43.0687Lower than current rate of 43.0687 Commercial Sanitation Rate IncreaseCommercial Sanitation Rate Increase No Electric, water, wastewater or drainage rateNo Electric, water, wastewater or drainage rate increaseincrease Additional projects may be funded if additionalAdditional projects may be funded if additional resources are realized.resources are realized. 1818
  19. 19. CalendarCalendar  Thursday August 8 – Present Proposed BudgetThursday August 8 – Present Proposed Budget  Monday August 19 - Budget Workshop #1Monday August 19 - Budget Workshop #1  Citywide Budget IssuesCitywide Budget Issues  General FundGeneral Fund  Other Governmental FundsOther Governmental Funds  General Government Capital ProjectsGeneral Government Capital Projects  Tuesday August 20 - Budget Workshop #2Tuesday August 20 - Budget Workshop #2  Enterprise (Utility) FundsEnterprise (Utility) Funds  Special Revenue FundsSpecial Revenue Funds 1919
  20. 20. CalendarCalendar  Internal Service FundsInternal Service Funds  Outside AgenciesOutside Agencies  Discuss Tax RateDiscuss Tax Rate  Wednesday August 21 - Budget Workshop #3Wednesday August 21 - Budget Workshop #3  If NeededIf Needed  Thursday August 22Thursday August 22  Public Hearing on BudgetPublic Hearing on Budget  Thursday September 12Thursday September 12  Adopt Budget and Tax RateAdopt Budget and Tax Rate 2020
  21. 21. Council DiscussionCouncil Discussion 2121

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