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City of Hutto, TexasBond Election<br />November 3, 2009<br />Photo by Boyum Photography<br />
Process<br /><ul><li>July:  Bond Committee Meetings
August 6:  City Council orders election
November 3:  Election Day</li></li></ul><li>Bond Committee Process<br /><ul><li>Reviewed long-range plans
Strategic Guide
Parks Master Plan
Capital Improvements Plan
Pedestrian Mobility Plan
Planning indicators
Survey results
Performance measures</li></li></ul><li>General Obligation Bonds<br /><ul><li>What is a GO Bond?
Require voter approval
Backed by property taxes
Other funding sources
Why go GO?
Voter approval demonstrates desire for project
Certificates of Obligation
Don’t require voter approval
Frequently used for utility and other projects that will have a negligible impact on taxes</li></li></ul><li>Propositions<...
Proposition 1 - Transportation<br /><ul><li>Recommended Projects</li></li></ul><li>Farley/Taylor Street<br />Comments:<br ...
Mager Lane Phase I<br />Comments:<br /><ul><li>Phase I – FM 1660 to Clarks Crossing</li></ul>Anticipated Schedule:<br />De...
West Street<br />Comments:<br /><ul><li>Includes sidewalks and curb and gutter improvements</li></ul>Anticipated Schedule:...
Metcalf<br />Comments:<br /><ul><li>Includes sidewalks and curb and gutter improvements</li></ul>Estimated Cost:<br />Desi...
East Street (Farley to Metcalf)<br />Comments:<br /><ul><li>Approximately 900 feet from Farley to Metcalf
Includes:
sidewalks
curb and gutter improvements</li></ul>Estimated Cost:<br />Design	63,000<br />Construction	539,000<br />Other 	0<br />Tota...
Jim Cage/Front Street Intersection<br />Comments:<br /><ul><li>Add turning lane to relieve traffic flow at intersection.</...
FM 1660 S. Sidewalk<br />Comments:<br /><ul><li>8’ trail on east side of FM 1660 South
Approximately 8,850 feet
Evans St. to Farley Middle School and Hutto Ray Elementary</li></ul>Estimated Cost:<br />Design	75,000<br />Construction	4...
Fencing Along Arterials<br />Possible Areas:<br /><ul><li>Carl Stern = 2,470 feet
Front St. = 1,190 feet
Creekside Subdivision = 1,932 feet
Orgain and Hague Area = 334 feet
Clarks Crossing and Carol Meadows Subdivision = 1,091 feet</li></ul>Approximately $55 per linear foot.<br />(depending on ...
Proposition 2 – Parks and Park Facilities<br /><ul><li>Recommended Projects</li></li></ul><li>Parks & Recreation Improveme...
Parks & Recreation Improvements Overview<br />PROSTMP - Recommended Actions<br />Revised Parkland Dedication Ordinance (Yr...
Parks & Recreation Improvements Overview<br />PROSTMP - Recommended Actions<br />Develop Community Center & Outdoor Recrea...
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Bond Election Presentation

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Bond Election Presentation

  1. 1. City of Hutto, TexasBond Election<br />November 3, 2009<br />Photo by Boyum Photography<br />
  2. 2. Process<br /><ul><li>July: Bond Committee Meetings
  3. 3. August 6: City Council orders election
  4. 4. November 3: Election Day</li></li></ul><li>Bond Committee Process<br /><ul><li>Reviewed long-range plans
  5. 5. Strategic Guide
  6. 6. Parks Master Plan
  7. 7. Capital Improvements Plan
  8. 8. Pedestrian Mobility Plan
  9. 9. Planning indicators
  10. 10. Survey results
  11. 11. Performance measures</li></li></ul><li>General Obligation Bonds<br /><ul><li>What is a GO Bond?
  12. 12. Require voter approval
  13. 13. Backed by property taxes
  14. 14. Other funding sources
  15. 15. Why go GO?
  16. 16. Voter approval demonstrates desire for project
  17. 17. Certificates of Obligation
  18. 18. Don’t require voter approval
  19. 19. Frequently used for utility and other projects that will have a negligible impact on taxes</li></li></ul><li>Propositions<br />The issuance of $8,500,000 General Obligation Bonds for Street Improvements. <br />The issuance of $3,000,000 General Obligation Bonds for Fritz Park, Future Parks, Park Facilities, and Open Space Acquisition. <br />The issuance of $6,000,000 General Obligation Bonds for Sport Complex Facilities.<br />The issuance of $5,000,000 General Obligation Bonds for a City/YMCA Recreation Center. <br />
  20. 20. Proposition 1 - Transportation<br /><ul><li>Recommended Projects</li></li></ul><li>Farley/Taylor Street<br />Comments:<br /><ul><li>80 additional parking spaces.</li></ul>Anticipated Schedule:<br />Design 2009<br />Construction 2010<br />Estimated Cost:<br />Design $289,000<br />Construction 2,462,000<br />Other 0<br />Total $2,751,000<br />
  21. 21. Mager Lane Phase I<br />Comments:<br /><ul><li>Phase I – FM 1660 to Clarks Crossing</li></ul>Anticipated Schedule:<br />Design 2011<br />Construction 2011<br />Estimated Cost:<br />Design $224,000<br />Construction 1,783,000<br />Other 190,000<br />Total $2,197,000<br />
  22. 22. West Street<br />Comments:<br /><ul><li>Includes sidewalks and curb and gutter improvements</li></ul>Anticipated Schedule:<br />Design 2012<br />Construction 2013<br />Estimated Cost:<br />Design $80,000<br />Construction 715,000<br />Other 55,000<br />Total $850,000<br />
  23. 23. Metcalf<br />Comments:<br /><ul><li>Includes sidewalks and curb and gutter improvements</li></ul>Estimated Cost:<br />Design $73.000<br />Construction 665,000<br />Other 0<br />Total $738,000<br />Anticipated Schedule:<br />Design 2013<br />Construction 2014<br />
  24. 24. East Street (Farley to Metcalf)<br />Comments:<br /><ul><li>Approximately 900 feet from Farley to Metcalf
  25. 25. Includes:
  26. 26. sidewalks
  27. 27. curb and gutter improvements</li></ul>Estimated Cost:<br />Design 63,000<br />Construction 539,000<br />Other 0<br />Total 602,000<br />Anticipated Schedule:<br />Design 2011<br />Construction 2012<br />
  28. 28. Jim Cage/Front Street Intersection<br />Comments:<br /><ul><li>Add turning lane to relieve traffic flow at intersection.</li></ul>Estimated Cost:<br />Design 25,000<br />Construction 175,000<br />Other 0<br />Total 200,000<br />Anticipated Schedule:<br />Design 2012<br />Construction 2012<br />
  29. 29. FM 1660 S. Sidewalk<br />Comments:<br /><ul><li>8’ trail on east side of FM 1660 South
  30. 30. Approximately 8,850 feet
  31. 31. Evans St. to Farley Middle School and Hutto Ray Elementary</li></ul>Estimated Cost:<br />Design 75,000<br />Construction 425,000<br />Other 0<br />Total 500,000<br />Anticipated Schedule:<br />Design 2012<br />Construction 2012<br />
  32. 32. Fencing Along Arterials<br />Possible Areas:<br /><ul><li>Carl Stern = 2,470 feet
  33. 33. Front St. = 1,190 feet
  34. 34. Creekside Subdivision = 1,932 feet
  35. 35. Orgain and Hague Area = 334 feet
  36. 36. Clarks Crossing and Carol Meadows Subdivision = 1,091 feet</li></ul>Approximately $55 per linear foot.<br />(depending on material/style) <br />(additional $750 per gate)<br />Estimated Cost - $450,000<br />
  37. 37. Proposition 2 – Parks and Park Facilities<br /><ul><li>Recommended Projects</li></li></ul><li>Parks & Recreation Improvements Overview<br />PROSTMP – Major Goals<br />Goal 1: To develop park facilities to serve the existing, as well as the impending growth of the community.<br />Goal 2: To plan park facilities meeting the projected population growth. <br />Goal 3: To determine potential locations for future parkland<br />Goal 4: To preserve adequate open space for the long-term population growth of Hutto. <br />Goal 5: To plan development of recreational facilities with the health safety and well being of the community as a primary consideration. <br />
  38. 38. Parks & Recreation Improvements Overview<br />PROSTMP - Recommended Actions<br />Revised Parkland Dedication Ordinance (Yr 1)*<br />Develop Hutto Lake Park (Yrs1-3)**<br />Acquire parkland for multiuse sports complex <br />Improve Existing Facilities (Yrs2-4)**<br />Develop 2-4 miles of additional trail (Yrs3-5)**<br />Develop Park for subdivision north of Hutto Elementary (Yrs2-4)<br />*Completed Aug07<br />**In Progress<br />
  39. 39. Parks & Recreation Improvements Overview<br />PROSTMP - Recommended Actions<br />Develop Community Center & Outdoor Recreational Swim Center (Plan Begin In 3yrs/Open Late 2012)<br />Acquire Parkland in NW Section of Hutto<br />Water Play/Sprayground Facility in NC or SC Section of Hutto<br />Develop 2-4 miles of additional trail<br />Develop acquired Parkland in NW Hutto<br />Expand Sports Complex Facilities<br />
  40. 40. Fritz Park Master Plan<br />Comments:<br /><ul><li>Restore ballfields including concessions and restrooms
  41. 41. Add internal walking trail
  42. 42. Add additional parking</li></ul>Anticipated Schedule:<br />Design 2010<br />Construction 2011<br />Estimated Cost:<br />Total $2,300,000<br />
  43. 43. Parkland Acquisition<br />Comments:<br /><ul><li>Set aside funds to purchase park facilities or future parkland as it becomes available</li></ul>Anticipated Schedule:<br />Purchase ?<br />Estimated Cost:<br />Total 1,000,000<br />
  44. 44. Proposition 3 – Sports Complex<br /><ul><li>Recommended Projects</li></li></ul><li>Sports Complex<br />Comments:<br /><ul><li>Sports complex including soccer, baseball & softball facilities</li></ul>Anticipated Schedule:<br />Design 2012<br />Construction 2012<br />Estimated Cost:<br />Total 6,000,000<br />
  45. 45. Proposition 4 – City/YMCA Rec. Center<br /><ul><li>Recommended Projects</li></li></ul><li>YMCA Recreation Center<br />Comments:<br /><ul><li>Land donated
  46. 46. City would own facility
  47. 47. YMCA would provide equipment and operate</li></ul>Anticipated Schedule:<br />Design 2011<br />Construction 2012<br />Estimated Cost:<br />Total 5,000,000<br /> 25,000 sq. ft. facility<br />Source: YMCA<br />
  48. 48. Hutto’s Debt Outlook<br /><ul><li>Hutto’s Bond Rating (Standard and Poor’s): A+
  49. 49. Current outstanding debt:
  50. 50. General Fund</li></ul>Principal: $5,133,250<br />Interest: $3,087,371<br />Capital Lease: $252,616<br /><ul><li>Utility Fund</li></ul>Principal: $26,996,750<br />Interest: $22,208,687<br />Capital Lease: $449,095<br />Total Indebtedness: $58,127,770<br />Source: City of Hutto<br />
  51. 51. Planning Indicators<br /><ul><li>Population</li></ul>Source: City of Hutto<br />
  52. 52. Planning Indicators<br /><ul><li>Age</li></ul>Source: HEDC<br />
  53. 53. Planning Indicators<br /><ul><li>Household Income</li></ul>Source: HEDC<br />
  54. 54. Planning Indicators<br /><ul><li>Property Value and Tax Rate</li></ul>Source: City of Hutto<br />
  55. 55. Planning Indicators<br /><ul><li>Tax Rate Calculation
  56. 56. Interest and Sinking
  57. 57. Operations and Maintenance</li></ul>Source: City of Hutto<br />
  58. 58. Planning Indicators<br /><ul><li>Tax Rate Breakdown</li></ul>Source: City of Hutto<br />
  59. 59. Planning Indicators<br /><ul><li>Property Tax Breakdown</li></ul>Source: City of Hutto<br />
  60. 60. Planning Indicators<br /><ul><li>City conducted its first citizen survey in 2008
  61. 61. Survey asked residents to:
  62. 62. rate satisfaction with services
  63. 63. reasons and means for communicating with the City
  64. 64. and top future priorities</li></li></ul><li>2008 Citizen Survey – Top Priorities<br /><ul><li>Top priorities:</li></ul>Business/Economic Development/Job Creation<br />Safety (Police, Fire, EMS, etc.)<br />Grocery Store<br />Roads/Sidewalks/Pedestrian Mobility – Prop. 1<br />Parks/Trails – Prop. 2 & 3<br />Traffic – Prop. 1<br />Recreation/ Sports Facilities – Prop. 3 & 4<br />Lower taxes, fees, and charges<br />Beautification – Prop. 1 & 2<br />Water Quality<br />Source: City of Hutto<br />
  65. 65. Source: City of Hutto<br />
  66. 66. Planning Indicators<br /><ul><li>Citizen Satisfaction:</li></ul>Satisfaction with overall condition of roads in the city – 58% satisfied or very satisfied (22% neutral)<br />Satisfaction with pedestrian mobility – 23% satisfied or very satisfied (28% neutral)<br />Satisfaction with parks and trails – 34% satisfied or very satisfied (35% neutral)<br />Source: City of Hutto<br />
  67. 67. Strategic Guide 2030<br /><ul><li>Council Relations
  68. 68. Leadership
  69. 69. Quality of Life – Prop. 2,3, &4
  70. 70. Organization Development Policy
  71. 71. Service Delivery
  72. 72. Fiscal and Budgetary – All
  73. 73. Public Safety
  74. 74. Transportation – Prop. 1
  75. 75. Education
  76. 76. Growth Guidance Plan
  77. 77. Infrastructure - All
  78. 78. Economic Development
  79. 79. Legislative Agenda</li></ul>Source: City of Hutto<br />
  80. 80. Tax Rate Impact<br /><ul><li>Tax Rate Components
  81. 81. Operations and Maintenance
  82. 82. Interest and Sinking
  83. 83. Assumes 5% annual assessed valuation growth
  84. 84. Approximately $.19 I&S Increase over next five years if 5% assessed valuation growth</li></ul>Source: City of Hutto<br />
  85. 85. Questions?<br />

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