NOTICE OF PUBLIC MEETING TO: THE BOARD OF DIRECTORS OF THE WOODLANDS TOWNSHIP AND TO ALL OTHER INTERESTED PERSONS:

Transcription

1 NOTICE OF PUBLIC MEETING TO: THE BOARD OF DIRECTORS OF THE WOODLANDS TOWNSHIP AND TO ALL OTHER INTERESTED PERSONS: Notice is hereby given that the Board of Directors will hold a Planning Session on Thursday, May 17, 2018, at 4:00 p.m., at the office of The Woodlands Township, 2801 Technology Forest Blvd, The Woodlands, Texas, within the boundaries of The Woodlands Township, for the following purposes: STANDARD ITEMS 1. Invocation / Pledge of Allegiance; 2. Call meeting to order; 3. Receive, consider and act upon adoption of the meeting agenda; 4. Recognize public officials; 5. Public comment; CONSENT AGENDA 6. Receive, consider and act upon the Consent Agenda; (This agenda consists of noncontroversial or "housekeeping" items required by law. One motion with modifications, if applicable, approves for action, all items contained within the Consent Agenda. Items may be moved from the Consent Agenda to the Regular Agenda by any Board Member making such request prior to a motion and vote.) REGULAR AGENDA 7. Receive, consider and act upon review of proposed 2019 Budget Objectives and related FiveYear Plan; 8. Receive, consider and act upon matters regarding the Incorporation Planning Study (C & C ); CLOSED MEETING (if applicable) 9. Recess to Executive Session to discuss matters relating to real property pursuant to , Texas Government Code; deliberation of economic development negotiations pursuant to , Texas Government Code; discuss personnel matters pursuant to , Texas Government Code; discuss IT network or critical infrastructure security pursuant to , Texas Government Code; and to consult with The Woodlands Township s attorney pursuant to , Texas Government Code; 10. Reconvene in public session; DISCUSS FUTURE AGENDA /ANNOUNCEMENTS 11. Consideration of items to be placed on the agenda for next month's meeting;

2 12. Board announcements; and 13. Adjournment. President/General Manager for The Woodlands Township This building is wheelchair accessible. Handicap parking spaces are available. To request other accommodations, call or Agendas and Board Meetings may be viewed live at

3 Board of Directors Planning Session Agenda Meeting Date: 05/17/2018 SUBJECT MATTER: Receive, consider and act upon review of proposed 2019 Budget Objectives and related FiveYear Plan; FISCAL IMPACT: To be determined by the Board of Directors BACKGROUND: At the Board of Directors meeting on May 17, 2018, staff will provide an overview of the fiveyear plan that was developed by the Board in conjunction with the 2018 budget. The Board will then have the opportunity to discuss budget objectives and initiatives for the upcoming 2019 budget and fiveyear plan, and provide direction to staff on topics to be addressed during the budget workshop meetings that are scheduled to begin on August 13. Similar to prior years, the budget overview and discussion will focus on the primary budget factors shown in the following chart: The general purpose of the Township s budget process is to determine how to best allocate sources of revenue to the Township s various funding requirements which include operating expenditures, capital projects, transfers to component units such as the Transportation Fund and The Woodlands Convention & Visitors Bureau, funding of

4 reserve accounts, and debt service payments on outstanding debt. The Township s primary sources of revenue to pay for these various expenditures consist of sales and use tax, hotel occupancy tax, property tax, grant proceeds, program fees, and contract revenue. As the above chart illustrates, when the Board makes decisions regarding one of the primary budget factors, one or more of the other budget factors is automatically impacted. Because a budget must work within the confines of limited revenue sources, a constant giveandtake between all the budget factors is necessary to achieve an affordable and balanced financial plan. This prioritization of the various budget components in conjunction with establishing a property tax rate will be the primary focus of the Board during the planning and development of the 2019 budget and fiveyear plan. Attached for the Board s reference is the fiveyear plan (years ) that was developed last year during the 2018 budget process. This plan will serve as the starting point for discussions on the 2019 budget. At the May 17 Board meeting, staff will provide an overview of the assumptions that were used to generate the financial plan, particularly for years 2018 and 2019, as well as highlight anticipated changes based on current data and projections. RECOMMENDATION: Proposed 2019 budget objectives to be determined by the Board of Directors. FiveYear Plan Attachments

5 FiveYear Plan In This Section You Will Find: FiveYear Plan Overview FiveYear Plan Assumptions Statement of Revenues, Expenditures and Changes in Fund Balance Components of Ending Fund Balances / Reserves FiveYear Plan Debt Service FiveYear Plan The Woodlands Convention & Visitors Bureau FiveYear Plan Transportation Fund FiveYear Plan Staffing FiveYear Plan Capital Projects The Woodlands Township Annual Budget FY 2018

6 The Woodlands Township's fiveyear financial plan is updated each year as the annual budget is prepared. The fiveyear plan is an important planning tool that projects the impact of current year financial decisions on future revenues and expenditures. This analysis is critical to ensure that adequate resources will be available to continue funding essential community services and projects. The fiveyear plan is developed with assumptions regarding a variety of economic and growth factors as well as staffing, capital and debt plans, all of which are provided in following pages of this section. Projected revenues and expenditures for the years are summarized below. Increases in expenses are primarily due to inflation, to accommodate community growth, and for the assumption of additional responsibilities and associated costs from the Developer in 2019 upon termination of the Comprehensive Community Services Agreement Property Tax Rate $ $ $ $ $ Revenues $123,888,241 $125,243,101 $126,638,682 $128,257,528 $129,880,801 Expenditures 118,788, ,787, ,186, ,084, ,349,960 ** Net revenues are used to fund the Township's operating, capital replacement, economic development and other reserves in accordance with reserve guidelines established by the Board of Directors. Net revenues may also be used to fund budget initiatives brought forward by constituents, Village Associations, outside organizations, Board members and staff during the annual budget process. The Woodlands Township FiveYear Plan Summary 151 Revenues Over Expenditures** $5,099,278 $2,455,729 $3,451,828 $172,684 $530,841 Consolidated FiveYear Plan Revenues and Expenditures $132,000,000 Expenditures $129,880,801 $130,000,000 $128,257,528 $128,000,000 $126,638,682 $129,349,960 $125,243,101 $128,084,844 $126,000,000 $123,888,241 $124,000,000 Revenues $122,000,000 $122,787,372 $123,186,854 $120,000,000 $118,000,000 $118,788,963 $116,000,000 $114,000,000 $112,000,000

7 Property Tax Rate $ $ $ $ Sales Tax Growth 1.0% 1.0% 1.0% 1.0% Hotel Tax Growth 1.5% 1.5% 1.5% 1.5% 1 FiveYear Plan Assumptions Revenue New Residential Units Avg Cost/Unit $385, New Commercial Property Value Revaluation of Existing Taxable Property Town Center Other Town Center Other Town Center Other Town Center Other 1.0% 1.5% 2.0% 2.0%

8 Operating Expenses Inflation 2% 2% 2% 2% 2 FiveYear Plan Assumptions Staff Additions (see detailed plan) 7.5 FTE 6.5 FTE 4.0 FTE 2.5 FTE 153 Law Enforcement Harris & Montgomery County $430,000 3 Additional Officers and Equipment Assumption of Town Center Maintenance from Developer Assumption of Streetscape Maintenance from Developer $500,000 $1,000,000

9 Capital Projects Parks and Pathways $2,080,800 $2,657,182 $3,887,311 $2,567,659 Fire Department $3,258,900 $407,837 $1,615,158 $1,603,352 Information Technology $676,181 $699,315 $407,541 $862,449 Town Hall Facility $675,240 $8,843 $5,307 $16,238 3 FiveYear Plan Assumptions 154 Total $6,691,121 $3,773,177 $5,915,317 $5,049,698 Capital Projects New Capital Assets (funded by General Fund) Replacement Capital Assets (funded by Capital Replacement Reserve) $1,063,860 $358,938 $506,196 $552,040 $5,627,261 $3,414,239 $5,409,121 $4,497,658 Total $6,691,121 $3,773,177 $5,915,317 $5,049,698

10 4 FiveYear Plan Assumptions 155 Transportation Fund Pedestrian and Bicycle Master Plan Projects (Board authorized $500,000/year from ) Park and Ride Bus Replacement Reserve $500,000 $500,000 $500,000 $150,000 $150,000 $150,000 $150,000

11 The Woodlands Township Consolidated Five Year Plan (in whole dollars) REVENUES Property Tax $ 44,943,740 $ 45,114,442 $ 45,732,179 $ 46,305,332 $ 47,085,605 $ 47,855,264 Sales and Use Tax 52,128,565 51,931,289 52,450,602 52,975,108 53,504,859 54,039,908 Hotel Occupancy Tax 6,441,576 6,538,199 6,636,272 6,735,816 6,836,853 6,939,406 Supplemental Hotel Occupancy Tax 1,840,450 1,868,057 1,896,078 1,924,519 1,953,387 1,982,688 Event Admissions Tax 1,491,834 1,506,752 1,521,820 1,537,038 1,552,408 1,567,932 Program Revenue Other 5,213,030 5,572,260 5,812,658 5,922,510 6,035,113 6,166,795 Program Revenue Bus Fares 4,140,000 4,140,000 4,140,000 4,140,000 4,140,000 4,140,000 Administrative Fees 239, , , , , ,500 Grants and Contributions 8,416,405 3,171,498 2,970,636 3,020,039 3,072,979 3,126,979 Interest Income 588, , , , , ,785 Other Income 4,706,889 3,217,545 3,217,545 3,217,545 3,217,545 3,217,545 TOTAL REVENUES $ 130,150,688 $ 123,888,241 $ 125,243,101 $ 126,638,682 $ 128,257,528 $ 129,880,801 OPERATING EXPENDITURES General Government 8,889,515 9,085,670 9,563,978 9,636,521 9,941,643 10,084,174 Law Enforc/Neighborhood Svcs 14,174,134 14,700,567 14,998,284 15,749,552 15,941,367 16,264,617 Parks and Recreation 20,219,969 21,451,456 23,028,794 23,958,312 24,601,539 25,279,361 Community Services 14,497,305 15,181,150 16,529,746 16,985,462 17,412,897 17,805,850 Community Relations 1,296,726 1,373,250 1,479,033 1,477,980 1,550,814 1,550,449 Transportation 7,824,278 8,090,005 8,235,117 8,389,249 8,546,588 8,207,206 Economic Development 263, , , , , ,680 The Woodlands Fire Department 22,194,155 23,421,816 24,134,247 24,871,872 25,635,744 26,426,966 Convention and Visitors Bureau 2,705,757 2,793,124 2,852,055 2,912,351 2,974,051 3,037,196 Regional Participation 1,613,701 1,644,020 1,676,900 1,710,438 1,744,647 1,779,540 Other Expenditures (Operating) 2,423,137 2,522,164 2,547,438 2,631,334 2,688,967 2,687,804 Operating subtotal 96,101, ,526, ,313, ,596, ,317, ,407,843 OTHER EXPENDITURES Other Expenditures (EDZ) 2,851,508 2,853,742 2,890,945 2,928,251 2,965,615 3,002,991 Capital Outlay (Inflated) 21,160,223 7,181,877 6,691,121 3,773,177 5,915,317 5,049,698 New Development Capital 3,121,758 CVB Capital Transportation Capital 6,853, ,000 Debt Service 7,903,798 7,900,123 7,891,455 7,888,730 7,886,557 7,889,429 TOTAL EXPENDITURES $ 137,992,414 $ 118,788,963 $ 122,787,372 $ 123,186,854 $ 128,084,844 $ 129,349,960 REVENUE OVER/(UNDER) EXPENDITURES (7,841,726) 5,099,277 2,455,730 3,451, , ,841 BEGINNING FUND BALANCE 76,072,940 68,231,213 73,330,491 75,786,220 79,238,048 79,410,732 ENDING FUND BALANCE $ 68,231,213 $ 73,330,491 $ 75,786,220 $ 79,238,048 $ 79,410,732 $ 79,941,574 Property Tax Rate $ $ $ $ $ $

12 Rate.23 The Woodlands Township Consolidated Five Year Plan Ending Fund Balance (in whole dollars) ENDING FUND BALANCE $ 68,231,213 $ 73,330,491 $ 75,786,220 $ 79,238,048 $ 79,410,732 $ 79,941,574 Operating Reserve Minimum Reserve Balance $ 17,210,416 $ 18,038,201 $ 18,967,696 $ 19,584,237 $ 20,087,500 $ 20,563,869 (20% of General Fund Operating Expenses) Beginning Balance $ 16,311,333 $ 17,210,416 $ 18,038,201 $ 18,967,696 $ 19,584,237 $ 20,087,500 Additions/Reductions 899, , , , , ,369 Ending Balance $ 17,210,416 $ 18,038,201 $ 18,967,696 $ 19,584,237 $ 20,087,500 $ 20,563,869 Health Insurance Reserve Beginning Balance $ 805,459 $ 805,459 $ 805,459 $ 805,459 $ 805,459 $ 805,459 Additions Ending Balance $ 805,459 $ 805,459 $ 805,459 $ 805,459 $ 805,459 $ 805,459 Transportation Fund Beginning Balance $ (871,678) $ (1,091,674) $ (491,242) $ 275,983 $ 965,292 $ 1,425,127 Additions/(Uses) (219,996) 600, , , , ,772 Ending Balance $ (1,091,674) $ (491,242) $ 275,983 $ 965,292 $ 1,425,127 $ 1,803,899 Transportation Reconciliation Initiatives $ 500,000 $ 312,957 $ 312,957 $ 312,957 $ 312,957 $ 312,957 Bike/Pedestrian Funds $ $ $ $ $ $ Park&Ride Reserve $ 150,000 $ 300,000 $ 450,000 $ 600,000 $ 750,000 $ 900,000 Park&Ride Operations $ (1,741,674) $ (1,104,199) $ (486,974) $ 52,335 $ 362,170 $ 590,942 $ (1,091,674) $ (491,242) $ 275,983 $ 965,292 $ 1,425,127 $ 1,803,899 Capital Carryovers Beginning Balance $ 8,479,345 $ $ $ $ $ Utilization of Carryovers (8,479,345) Ending Balance $ $ $ $ $ $ Undesignated Capital Projects Beginning Balance $ 9,080,690 $ 7,892,299 $ $ $ $ Additions 3,511,609 Transfer to Incorporation Reserve (2,500,000) (1,998,299) Transfer to Road and Bridge Fund (2,000,000) Transfer to Flooding & Drainage (100,000) Transfer to Bond Redemption Reserve (5,894,000) Creekside/Rob Fleming Operating Funding (100,000) Ending Balance $ 7,892,299 $ $ $ $ $ Parks Projects Reserve Beginning Balance $ 5,949,900 $ 949,900 $ $ $ $ Additions/Utilization (5,000,000) (949,900) Ending Balance $ 949,900 $ $ $ $ $ Incorporation Reserve Beginning Balance $ $ 2,500,000 $ 6,398,299 $ 6,398,299 $ 6,398,299 $ 6,398,299 Additions 2,500,000 3,898,299 Ending Balance $ 2,500,000 $ 6,398,299 $ 6,398,299 $ 6,398,299 $ 6,398,299 $ 6,398,299 Road and Bridge/Flooding & Drainage Reserve Beginning Balance $ $ 2,000,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 Additions/(Uses) Road and Bridge 1,900,000 (1,900,000) Additions/(Uses) Flooding/Drainage 100,000 (75,000) Ending Balance $ 2,000,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25, Grogan's Mill Reserve Beginning Balance $ 1,270,416 $ 2,320,416 $ 3,107,916 $ 2,597,916 $ 2,597,916 $ 2,597,916 Additions/(Uses) 1,050, ,500 (510,000) Ending Balance $ 2,320,416 $ 3,107,916 $ 2,597,916 $ 2,597,916 $ 2,597,916 $ 2,597,

13 Rate.23 The Woodlands Township Consolidated Five Year Plan Ending Fund Balance (in whole dollars) Capital Replacement Reserve Beginning Balance $ 23,881,507 $ 22,984,332 $ 24,930,628 $ 24,770,567 $ 26,313,527 $ 25,861,607 Utilization of Reserve for Assets/Carryover (5,854,375) (3,010,904) (5,117,261) (3,414,239) (5,409,120) (4,497,657) Reserve Study Allocation 4,900,000 4,900,000 4,900,000 4,900,000 4,900,000 4,900,000 Contractual Additions/Interest/Variance 57,200 57,200 57,200 57,200 57,200 57,200 Funding from General Fund 4,923,260 3,146,073 1,063, , , ,040 New Assets (4,923,260) (3,146,073) (1,063,860) (358,938) (506,196) (552,040) Ending Balance $ 22,984,332 $ 24,930,628 $ 24,770,567 $ 26,313,527 $ 25,861,607 $ 26,321,150 Economic Development Reserve Beginning Balance $ 2,431,799 $ 2,781,799 $ 3,131,799 $ 3,481,799 $ 3,831,799 $ 4,181,799 Utilization of Reserve/Budget Initiatives Additions 350, , , , , ,000 Ending Balance $ 2,781,799 $ 3,131,799 $ 3,481,799 $ 3,831,799 $ 4,181,799 $ 4,531,799 Cultural Education Reserve Beginning Balance $ 432,543 $ 556,726 $ 657,401 $ 809,583 $ 963,287 $ 1,118,528 Utilization of Reserve (25,000) (50,000) Additions 149, , , , , ,793 Ending Balance $ 556,726 $ 657,401 $ 809,583 $ 963,287 $ 1,118,528 $ 1,275,321 Debt Service Reserve Beginning Balance $ 2,268,974 $ 2,260,863 $ 2,260,863 $ 2,260,863 $ 2,260,863 $ 2,260,863 Additions/(Uses) (8,111) Ending Reserve Balance $ 2,260,863 $ 2,260,863 $ 2,260,863 $ 2,260,863 $ 2,260,863 $ 2,260,863 Debt Service Fund Beginning Balance $ 4,368,279 $ 4,368,279 $ 4,368,279 $ 4,368,279 $ 4,368,279 $ 4,368,279 Additions/(Uses) Ending Fund Balance $ 4,368,279 $ 4,368,279 $ 4,368,279 $ 4,368,279 $ 4,368,279 $ 4,368,279 Bond Redemption Reserve Beginning Balance $ $ $ 5,894,000 $ 5,894,000 $ 5,894,000 $ 5,894,000 Additions/(Uses) 5,894,000 Ending Fund Balance $ $ 5,894,000 $ 5,894,000 $ 5,894,000 $ 5,894,000 $ 5,894,000 Undesignated HOT Tax Beginning Balance $ $ 1,144,786 $ 2,325,124 $ 3,557,832 $ 4,865,790 $ 6,240,541 Additions HOT Tax 1,144,786 1,180,338 1,232,708 1,307,959 1,374,751 1,444,597 Ending Fund Balance $ 1,144,786 $ 2,325,124 $ 3,557,832 $ 4,865,790 $ 6,240,541 $ 7,685,138 CVB Beginning Balance $ 1,664,371 $ 1,547,611 $ 1,547,611 $ 1,547,611 $ 1,547,611 $ 1,547,611 Additions/(Uses) (116,760) Ending Fund Balance $ 1,547,611 $ 1,547,611 $ 1,547,611 $ 1,547,611 $ 1,547,611 $ 1,547,611 Total Fund Balance $ 68,231,213 $ 72,999,338 $ 75,760,887 $ 80,421,360 $ 82,812,529 $ 86,078,603 Net Annual Undesignated Fund Balance $ 0 $ 331,152 $ (305,819) * $ (1,208,645) * $ (2,218,485) * $ (2,735,233) * Property Tax Rate $ $ $ $ $ $ * The Board of Directors adopted the 2018 Budget on August 23, The budgets for years were developed for planning purposes only and are based on conservative revenue assumptions. In accordance with Board Policy requiring that adopted budgets be fully funded, adjustments to operating expenses, capital projects, and/or reserve alloocations will be made in future years to match updated revenue projections and to ensure a balanced budget. 158

14 FiveYear Plan FUND AND RESERVE BALANCES 159 The Woodlands Township Annual Budget FY 2017

15 1510

16 The Woodlands Township Components of Ending Fund Balances / Reserves (in whole dollars) The chart below summarizes projected yearend balances in each of the Township's reserves, and the following in this section provide additional details. Information pertaining to CVB's Fund Balance, the Debt Service Reserve, the Debt Service Fund, and the Transportation Fund can be found in the sections of this budget document specifically related to those funds Forecast Budget Budget Budget Budget Budget Operating Reserve $ 17,210,417 $ 18,038,201 $ 18,967,696 $ 19,584,237 $ 20,087,500 $ 20,563,869 Economic Development Reserve 2,781,799 3,131,799 3,481,799 3,831,799 4,181,799 4,531,799 Cultural Education Reserve 556, , , ,287 1,118,528 1,275,321 Capital Replacement Reserve 21,242,658 23,826,429 24,283,593 26,313,527 25,861,607 26,321,150 Capital Replacement Reserve Receivable from Transp. Fund 1,741,674 1,104, ,974 Parks Projects Reserve 949,900 Incorporation Reserve 2,500,000 6,398,299 6,398,299 6,398,299 6,398,299 6,398,299 Road and Bridge Reserve 1,900,000 Flood and Drainage Reserve 100,000 25,000 25,000 25,000 25,000 25, Grogan's Mill Rd. Property Reserve 2,320,416 3,107,916 2,597,916 2,597,916 2,597,916 2,597,916 Selffunded Health Insurance Reserve 805, , , , , ,459 Convention & Visitors Bureau Fund Balance 1,547,611 1,547,611 1,547,611 1,547,611 1,547,611 1,547,611 Debt Service Reserve 2,260,863 2,260,863 2,260,863 2,260,863 2,260,863 2,260,863 Debt Service Fund 4,368,279 4,368,279 4,368,279 4,368,279 4,368,279 4,368,279 Bond Redemption Reserve Fund 5,894,000 5,894,000 5,894,000 5,894,000 5,894,000 Transportation Fund Payable to Capital Replacement Fund (1,741,674) (1,104,199) (486,974) Transportation Fund Transportation Initiatives 500, , , , , ,957 Transportation Fund Park and Ride Fund Balance 52, , ,942 Transportation Fund Bus Replacement Reserve 150, , , , , ,000 Undesignated Hotel Occupancy Tax 1,144,786 2,325,124 3,557,832 4,865,790 6,240,541 7,685,138 Undesignated Capital Contingency Reserve 7,892,299 Total Ending Fund Balance $ 68,231,213 $ 72,999,338 $ 75,760,887 $ 80,421,359 $ 82,812,529 $ 86,078,603 Annual Undesignated Fund Balance $ $ 331,152 $ (305,819) $ (1,208,645) $ (2,218,485) $ (2,735,233) 1511

17 1512

18 FiveYear Plan DEBT SERVICE FUND 1513 The Woodlands Township Annual Budget FY 2017

19 Debt Service Fund FiveYear Plan Statement of Revenues, Expenditures & Changes in Fund Balance (in whole dollars) Forecast Budget Budget Budget Budget Budget REVENUES EXPENDITURES Direct Property Tax $ 3,443,322 $ 3,446,447 $ 3,443,367 $ 3,448,204 $ 3,444,619 $ 3,448,628 Direct Hotel Occupancy Tax 6,441,576 6,538,199 6,636,272 6,735,816 6,836,853 6,939,406 Transfers In Debt Svc Reserve 27,893 19,782 Interest Income TOTAL REVENUES $ 9,913,391 $ 10,005,028 $ 10,079,639 $ 10,184,020 $ 10,281,472 $ 10,388,034 Debt Service Principal 5,165,000 5,320,000 5,480,000 5,675,000 5,880,000 6,105,000 Debt Service Interest 2,738,798 2,580,123 2,411,454 2,213,729 2,006,557 1,784,429 Transfers Out General Fund (to fund CVB) 864, , , ,332 1,020,165 1,054,008 TOTAL EXPENDITURES $ 8,768,605 $ 8,824,690 $ 8,846,931 $ 8,876,061 $ 8,906,722 $ 8,943,437 REVENUE OVER/(UNDER) EXPENDITURES 1,144,786 1,180,338 1,232,708 1,307,959 1,374,751 1,444,597 BEGINNING FUND BALANCE 4,368,279 5,513,065 6,693,403 7,926,111 9,234,069 10,608,820 ENDING FUND BALANCE $ 5,513,065 $ 6,693,403 $ 7,926,111 $ 9,234,069 $ 10,608,820 $ 12,053,

20 Outstanding Debt $ 112,515,000 $ 107,325,000 $ 87,685,000 $ 82,880,000 $ 77,900,000 $ 72,735,000 $ 67,415,000 $ 61,935,000 $ 56,260,000 $ 50,380,000 Population 107, , , , , , , , , ,990 Per Capita $ 1,044 $ 979 $ 779 $ 723 $ 669 $ 612 $ 566 $ 508 $ 450 $ 394 The Woodlands Township Outstanding Debt From 2013 to Outstanding Debt Per Capita $1,200 $1,044 $979 $1,000 $779 $800 $723 $669 $612 $566 $600 $508 $450 $400 $394 $200 $

21 1516

22 FiveYear Plan THE WOODLANDS CONVENTION & VISITORS BUREAU 1517 The Woodlands Township Annual Budget FY 2017

23 The Woodlands Township CVB Fund FiveYear Plan (in whole dollars) REVENUES Supplemental Hotel Tax $ 1,840,450 $ 1,868,057 $ 1,896,078 $ 1,924,519 $ 1,953,387 $ 1,982,688 Interest Income Transfers In (General Fund HOT) 864, , , ,332 1,020,165 1,054,008 TOTAL REVENUES $ 2,705,757 $ 2,793,124 $ 2,852,055 $ 2,912,351 $ 2,974,051 $ 3,037,196 EXPENDITURES General Contracted Township Salaries and Bene 651, , , , , ,684 Staff Development 171, , , , , ,637 Facility Expense 39,275 69,350 70,737 72,152 73,595 75,067 Equipment Expense 13,600 13,600 13,872 14,149 14,432 14,721 Contracted Services 68,400 68,400 69,768 71,163 72,587 74,038 Administrative 47,500 47,500 48,450 49,419 50,407 51,416 Capital Attractions and Events 992,257 1,044,624 1,068,585 1,093,212 1,118,529 1,144,563 Community Festivals & Events 121, , , , , ,035 Destination Marketing 121, , , , , ,035 Destination Marketing Media 620, , , , , ,108 Destination Marketing Public Relations 50,000 50,000 51,000 52,020 53,060 54,122 Destination Marketing Production 140, , , , , ,541 International Marketing 20,000 20,000 20,400 20,808 21,224 21,649 Cooperative Marketing 25,000 25,000 25,500 26,010 26,530 27,061 Group Sales 180, , , , , ,838 Visitor Services 65,500 65,500 66,810 68,146 69,509 70,899 Account Services 60,000 60,000 61,200 62,424 63,672 64,946 Incentives 55,000 55,000 56,100 57,222 58,366 59,534 Niche Market Outreach 40,000 40,000 40,800 41,616 42,448 43,297 Medical Tourism Marketing 10,000 10,200 10,404 10,612 10,824 Promotion 1,255,500 1,265,500 1,290,810 1,316,626 1,342,959 1,369,818 Promotion 177, , , , , ,590 Information Distribution 140, , , , , ,541 Other Advertising 20,000 20,000 20,400 20,808 21,224 21,649 Transfers Out 337, , , , , ,780 Transfers Out (General Fund) 116, ,760 TOTAL EXPENDITURES $ 2,822,516 $ 2,793,124 $ 2,852,055 $ 2,912,351 $ 2,974,051 $ 3,037,196 REVENUE OVER/(UNDER) EXPENDITURES (116,759) BEGINNING FUND BALANCE 1,664,371 1,547,612 1,547,612 1,547,612 1,547,612 1,547,612 ENDING FUND BALANCE $ 1,547,612 $ 1,547,612 $ 1,547,612 $ 1,547,612 $ 1,547,612 $ 1,547,

24 FiveYear Plan TRANSPORTATION FUND 1519 The Woodlands Township Annual Budget FY 2017

25 The Woodlands Township Transportation Fund Five Year Plan (in whole dollars) REVENUES Park and Ride Fares $ 4,140,000 $ 4,140,000 $ 4,140,000 $ 4,140,000 $ 4,140,000 $ 4,140,000 FTA 5307 Grant Transportation Planning 220, , , , , ,135 FTA 5307 Grant Bus Contract Leased 40% 793, , , , , ,807 FTA 5307 Grant Bus Contract Owned 32% 1,053,298 1,320,535 1,346,946 1,373,885 1,401,363 1,429,390 FTA 5307 Grant P&R Admin 50% 156, , , , , ,277 FTA 5307 Grant Trolley Operations 50% 387, , , , , ,369 Subtotal FTA 5307 Grants 2,787,499 2,536,898 2,597,636 2,647,039 2,699,979 2,753,979 FTA 5339 Grant Facility Improvements 80% 682, ,600 State Grant Funds 373, , , , , ,000 HGAC Grant Bus Purchase 4,433,228 Transfers In 1,560,889 1,108,028 1,279,904 1,292,433 1,152, ,094 OPERATING EXPENDITURES/CAPITAL TOTAL REVENUES $ 13,977,294 $ 8,419,526 $ 8,390,540 $ 8,452,471 $ 8,365,641 $ 7,930,073 Transit Planning 300, , , , , ,730 Other Transportation Services 131, , , , , ,000 Transportation Initiatives 300, , , , ,000 Park & Ride Operations 5,827,062 5,732,752 5,861,907 5,979,145 6,098,728 6,220,703 Park & Ride Capital 6,243,450 Park & Ride Capital Facility Improvements 100, ,000 Trolleys 1,295, , , , , ,869 TOTAL EXPENDITURES $ 14,197,290 $ 7,819,094 $ 7,623,316 $ 7,763,162 $ 7,905,805 $ 7,551,302 REVENUE OVER/(UNDER) EXPENDITURES (219,996) 600, , , , ,772 TRANSFERS OUT BEGINNING FUND BALANCE (871,679) (1,091,675) (491,243) 275, ,291 1,425,126 ENDING FUND BALANCE $ (1,091,675) $ (491,243) $ 275,982 $ 965,291 $ 1,425,126 $ 1,803,898 FUND BALANCE RECONCILIATION Bike/Pedestrian Transportation Initiatives 500, , , , , ,957 Park & Ride Reserve Fund Balance 150, , , , , ,000 Park & Ride Operations Fund Balance (1,741,675) (1,104,200) (486,975) 52, , ,941 $ (1,091,675) $ (491,243) $ 275,982 $ 965,291 $ 1,425,126 $ 1,803,

26 The Woodlands Township Transportation Fund Five Year Plan (in whole dollars) REVENUES Transportation Planning FTA 5307 Grant Transportation Planning 220, , , , , , , , , , , ,135 Park and Ride Fares 4,140,000 4,140,000 4,140,000 4,140,000 4,140,000 4,140,000 FTA 5307 Grant Bus Contract Leased 40% 793, , , , , ,807 FTA 5307 Grant Bus Contract Owned 32% 1,053,298 1,320,535 1,346,946 1,373,885 1,401,363 1,429,390 FTA 5307 Grant P&R Admin 50% 156, , , , , ,277 FTA 5307 Grant Facility Improvements 80% 175,600 HGAC Grant Bus Purchase 4,433,228 State Grant 373, , , , , ,000 FTA 5307/5339 Grant P&R Facility Imp 80% 274, ,000 11,400,516 6,685,227 6,479,131 6,518,454 6,558,563 6,599,474 Trolleys FTA 5307 Grant Trolley Operations 50% 387, , , , , ,369 FTA 5339 Grant Facility Imp 80% 408,000 9,600 Other Revenue Trolleys 795, , , , , ,369 Transfers In Operating Transfer (from GF Trolleys) 499, , , , , ,500 Operating Transfer (from GF Trans Planning 80,000 80,000 81,600 83,232 84,897 86,595 Operating Transfer (from GF Other Trans Sv 131, , , , , ,000 Operating Transfer (from GF Bike/Pedestrian 600, , , , ,000 Operating Transfer (from GF Park & Ride) 150, , , ,000 Operating Transfer (from CR) Road and Brid 100,000 1,560,889 1,108,028 1,279,904 1,292,433 1,152, ,094 TOTAL REVENUES 13,977,294 8,419,526 8,390,540 8,452,471 8,365,641 7,930,

27 The Woodlands Township Transportation Fund Five Year Plan (in whole dollars) EXPENDITURES TRANSPORTATION PLANNING Dept 825 2% 2% 2% 2% Contracted Services Consulting 275, , , , , ,669 Legal 25,000 25,000 25,500 26,010 26,530 27, , , , , , ,730 TOTAL TRANSPORTATION PLANNING 300, , , , , ,730 OTHER TRANSPORTATION SVCS Dept 827 Contracted Services Senior Transportation 55,000 55,000 55,000 55,000 55,000 55,000 Interfaith 76,000 76,000 76,000 76,000 76,000 76, , , , , , ,000 TOTAL OTHER TRANSPORTATION SVCS 131, , , , , ,000 TRANSPORTATION INITIATIVES Dept 828 Other Expenses Transportation Initiatives 525, , , ,000 Lake Woodlands/Grogan's Mill Interchange 100,000 Master Bike Plan 100,000 Road and Bridge Study 100, , , , , ,000 TOTAL TRANSPORTATION INITIATIVES 300, , , , ,

28 The Woodlands Township Transportation Fund Five Year Plan (in whole dollars) PARK & RIDE Dept Facility Expense Telephone 10,800 10,800 11,016 11,236 11,461 11,690 Utilities 45,000 45,000 45,900 46,818 47,754 48,709 Facility Repair & Maintenance 48,000 45,000 45,900 46,818 47,754 48,709 Janitorial 19,500 18,000 18,360 18,727 19,102 19, , , , , , ,593 Equipment Expense Equipment 7,500 5,000 5,100 5,202 5,306 5,412 7,500 5,000 5,100 5,202 5,306 5,412 Contracted Services Computer Support 60,000 65,000 81,300 82,926 84,585 86,276 Credit Card Fees 50,000 50,000 51,000 52,020 53,060 54,122 Private Security 186, , , , , ,085 Pest Control 1,700 1,700 1,734 1,769 1,804 1,840 Electrical Repairs and Maintenance 3,000 3,000 3,060 3,121 3,184 3,247 Contracted Bus Service Leased 1,984,907 1,110,479 1,132,689 1,155,342 1,178,449 1,202,018 Contracted Bus Service Owned 3,291,555 4,126,673 4,209,206 4,293,391 4,379,258 4,466,844 5,577,162 5,539,852 5,665,649 5,778,962 5,894,541 6,012,432 Public Education/Relations Advertising 75,000 25,000 25,000 25,500 26,010 26,530 75,000 25,000 25,000 25,500 26,010 26,530 Administrative Expense Supplies 2,000 2,000 2,040 2,081 2,122 2,165 Postage & Delivery Printing 12,000 12,000 12,240 12,485 12,734 12,989 Insurance Other Admin/Contingency 30,000 30,000 30,600 31,212 31,836 32,473 44,100 44,100 44,982 45,882 46,799 47,735 Capital Outlay Bus Purchase (10 $580,000 and $59 5,780,602 Facility Improvements (80% reimb) 100, ,000 Facility Improvements (80% reimb) 280,848 Facility Video Cameras (80% reimb) 150,000 Bus Passenger Counters (80% reimb) 65,000 Vehicle Tracking/Automated Fare (80% reimb) 182,000 6,343, ,000 TOTAL PARK & RIDE 12,170,512 6,047,752 5,861,907 5,979,145 6,098,728 6,220,703 TROLLEYS Dept 830 Contracted Services Trolley Services 764, , , , , ,770 Holiday Shuttle/Extended Hours 8,837 8,837 9,014 9,194 9,378 9,565 Enhanced Trolley Service 772, , , , , ,335 Contracted Services Computer Support Annunciators 5,000 5,100 5,202 5,306 5,000 5,100 5,202 5,306 Public Education/Relations Advertising 2,850 6,840 6,977 7,116 7,259 7,404 2,850 6,840 6,977 7,116 7,259 7,404 Administrative Expense Other Admin 10,000 10,000 10,200 10,404 10,612 10,824 10,000 10,000 10,200 10,404 10,612 10,824 Capital Outlay Trolley Stops 510,000 Trolley Annunciators 12, ,000 12,000 TOTAL TROLLEYS 1,295, , , , , ,

29 The Woodlands Township Transportation Fund Five Year Plan (in whole dollars) TOTAL EXPENDITURES 14,197,290 7,819,094 7,623,316 7,763,162 7,905,805 7,551,302 Beginning Fund Balance (871,679) (1,091,675) (491,243) 275, ,291 1,425,126 Activity (219,996) 600, , , , ,772 Ending Fund Balance (1,091,675) (491,243) 275, ,291 1,425,126 1,803,898 TRANSPORTATION FUND SUMMARY BY EXPENSE TYPE: Salaries and Benefits Staff/Board Development Facility Expense 123, , , , , ,593 Equipment Expense 7,500 5,000 5,100 5,202 5,306 5,412 Contracted Services 6,781,090 6,757,354 6,904,881 7,040,359 7,178,546 7,319,497 Maintenance Expense Program Expense Public Education/Relations 77,850 31,840 31,977 32,616 33,269 33,934 Administrative/Other Expense 354, , , , ,411 58,560 Capital 6,853, ,000 Transfers Out 14,197,290 7,819,094 7,618,316 7,758,062 7,900,603 7,545,996 Grants 8,276,405 3,171,498 2,970,636 3,020,039 3,072,979 3,126,

30 The Woodlands Township Park and Ride Transportation Fund Five Year Plan (in whole dollars) OPERATING REVENUES Park and Ride Fares $ 4,140,000 $ 4,140,000 $ 4,140,000 $ 4,140,000 $ 4,140,000 $ 4,140,000 FTA 5307 Grant Bus Contract Leased 40% 793, , , , , ,807 FTA 5307 Grant Bus Contract Owned 32% 1,053,298 1,320,535 1,346,946 1,373,885 1,401,363 1,429,390 FTA 5307 Grant P&R Admin 50% 156, , , , , ,277 Subtotal FTA 5307 Grants 2,004,010 1,920,227 1,966,131 2,005,454 2,045,563 2,086,474 FTA 5339 Grant 80% 450,278 State Grant Funds 373, , , , , ,000 OPERATING EXPENDITURES TOTAL OPERATING REVENUES $ 6,517,010 $ 6,433,227 $ 6,479,131 $ 6,518,454 $ 6,558,563 $ 6,599,474 Facility Expenses 123, , , , , ,593 Equipment Expenses 7,500 5,000 5,100 5,202 5,306 5,412 Contracted Services 5,577,162 5,539,852 5,665,649 5,778,962 5,894,541 6,012,432 Advertising 75,000 25,000 25,000 25,500 26,010 26,530 Administrative Expense 44,100 44,100 44,982 45,882 46,799 47,735 TOTAL OPERATING EXPENDITURES $ 5,827,062 $ 5,732,752 $ 5,861,907 $ 5,979,145 $ 6,098,728 $ 6,220,703 OPERATING REVENUE OVER/(UNDER) EXPENDITURES 689, , , , , ,772 CAPITAL GRANT REVENUES FTA 5307/5339 Grant P&R Facility Improvements $ 450,278 $ 252,000 $ $ $ $ HGAC Grant Bus Purchase 4,433,228 CAPITAL EXPENDITURES TOTAL CAPITAL GRANT REVENUES $ 4,883,506 $ 252,000 $ $ $ $ Capital Bus Purchase 5,780,602 Capital Facility Improvements/Other 562, ,000 TOTAL CAPITAL EXPENDITURES $ 6,343,450 $ 315,000 $ $ $ $ NET CAPITAL EXPENDITURES (1,459,944) (63,000) TOTAL REVENUES OVER/(UNDER) EXPENDITURES (769,996) 637, , , , ,772 TRANSFER IN FROM GENERAL FUND 150, , , ,000 BEGINNING PARK & RIDE Bus Reserve 150, , , , ,000 BEGINNING PARK & RIDE Fund/(Bus Loan) Balance (971,679) (1,741,675) (1,104,200) (486,975) 52, ,169 ENDING PARK & RIDE FUND BALANCE $ (1,591,675) $ (804,200) $ (36,975) $ 652,334 $ 1,112,169 $ 1,490,941 Bus Reserve Balance $ 150,000 $ 300,000 $ 450,000 $ 600,000 $ 750,000 $ 900,000 Bus Purchase Borrowing from the Capital Reserve Reconciliation Bus Purchase 8,583,465 5,780,602 HGAC Grant (6,866,772) (4,433,228) Borrowed from Reserve 1,716,693 $ 1,347,374 $ Funds Due to Reserve (745,014) (577,378) (637,475) (617,224) (486,975) Loan Balance $ 971,679 $ 1,741,674 $ 1,104,199 $ 486,975 $ 0 $ 0 $

31 Ending Balance ,259 2,700,000 3,247,259 ANALYSIS OF FTA 5307 GRANT FUNDS GRANT YEAR TOTAL FTA 5307 Grant Balance 151, , , ,607,840 2,367,048 2,858,944 2,700,000 2,700,000 2,700,000 FTA 5307 Grant Funds Needed 2018 Budget 0 (176,582) 0 0 (2,360,316) (2,536,898) 2019 Budget (151,125) (247,524) (2,198,987) (2,597,636) 2020 Budget (221,251) (168,061) (2,257,727) (2,647,039) 2021 Budget (601,217) (2,098,762) (2,699,979) 2022 Budget (601,238) (2,152,741) (2,753,979) 1526

32 FiveYear Plan STAFFING PLAN 1527 The Woodlands Township Annual Budget FY 2017

33 Proposed New Staff General Employees 130 Human Resources Sr. Training Specialist Finance Budget Analyst Parks Planning Parks Technician II 1.00 Parks Technician I Park Operations Park Ranger Superintendent 1.00 Foreman 1.00 Parks Technician II Parks Technician I Parttime Park Ranger (.50) Streetscape Superintendent 1.00 Streetscape Admin Assistant 1.00 Facilities Technician 1.00 Irrigation Technician Recreation Recreation Supervisor 1.00 Recreation Program Coordinator 1.00 Recreation Specialist 0.50 Receptionist 0.50 Summer Camp Leaders Parttime Boat House Aides Town Center Town Center Ranger (parttime) Township Events Special Events Specialist Covenant Administration Compliance Specialist Parttime Property Compliance Tech (.50) Community Relations Social Media Coordinator Convention & Visitors Bureau Intern (0.25) Marketing and Sales Assistant Transportation and Infrastructure Director of Transportation & Infrastructure (1.00) Deputy Director of Community Services 1.00 FiveYear Plan Proposed Staff Additions Beginning Total FullTime Equivalents (FTEs) Staff Additions Ending Total FTEs

34 Proposed New Staff Fire Department Fire Department Dispatcher 1.50 Emergency Vehicle Technician parttime to fulltime 0.50 Battalion Chief Emergency Preparedness Coordinator 1.00 Proposed FiveYear Plan Staff Additions Beginning Total FullTime Equivalents (FTEs) Staff Additions Ending Total FTEs

35 1530

36 FiveYear Plan CAPITAL PROJECTS PLAN 1531 The Woodlands Township Annual Budget FY 2017

37 THE WOODLANDS TOWNSHIP CAPITAL BUDGET FOR THE FIVE YEARS (In Whole Dollars) Budget Budget Budget Budget Budget PARKS & RECREATION Vehicles and Heavy Equipment Maintenance Vehicles Trucks $ 55,000 $ 135,000 $ 85,000 $ 25,000 $ 25,000 Maintenance Vehicles Bucket Trucks 80,000 Maintenance Vehicles Wood Chipper 50,000 Maintenance Vehicles Kawasaki Mule/Electric Veh. 93,000 43,000 43,000 43,000 43,000 Maintenance Vehicles Boat 16,500 Maintenance Vehicles Trailer 8,500 12,000 12,000 Total $ 156,500 $ 228,000 $ 220,000 $ 68,000 $ 96,500 Furniture, Fixtures & Equipment Maintenance Equipment $ 18,000 $ 50,000 $ $ $ 12,500 Total $ 18,000 $ 50,000 $ $ $ 12,500 PARDES Facility Improvements Facility Improvements $ 42,090 $ 98,000 $ 164,000 $ 54,000 $ 20,000 Total $ 42,090 $ 98,000 $ 164,000 $ 54,000 $ 20,000 Recreation Center Facility Improvements $ 949,900 $ 35,000 $ 100,000 $ Total $ 949,900 $ 35,000 $ 100,000 $ $ PARKS Town Center Parks 37,000 37, , , ,000 Irrigation Improvements 30,000 30,000 30,000 30,000 30,000 Bear Branch Master Plan 106,250 Park Improvements 518, , , , ,000 All Weather Turf Fields 300,000 1,779,000 Lake/Pond Improvements 75,000 24,000 50,000 24,000 50,000 Athletic Facilities Improvements 412, , , , ,000 Aquatic Facilities Improvements 426, , , , ,120 Signs/Stone Walls Improvements 30,000 30,000 60,000 30,000 60,000 Total $ 1,934,250 $ 1,379,000 $ 1,570,000 $ 3,041,100 $ 1,743,120 PATHWAYS Pathway Improvements 362, , , , ,000 Total $ 362,043 $ 250,000 $ 500,000 $ 500,000 $ 500,000 1,629,000 2,070,000 3,541,100 2,243,120 NEW DEVELOPMENT New Parks (New Developments) $ $ $ $ $ Total $ $ $ $ $ Total for Pardes $ 3,462,783 $ 2,040,000 $ 2,554,000 $ 3,663,100 $ 2,372,120 Funding from General Fund $ 916,293 $ 188,000 $ 140,000 $ 17,000 $ Funding from Parks Projects Reserve 949,900 Funding from Capital Replacement Fund 1,596,590 1,852,000 2,414,000 3,646,100 2,372,120 $ 3,462,783 $ 2,040,000 $ 2,554,000 $ 3,663,100 $ 2,372,

38 THE WOODLANDS TOWNSHIP CAPITAL BUDGET FOR THE FIVE YEARS (In Whole Dollars) INFORMATION TECHNOLOGY Computers: software & hardware Budget Budget Budget Budget Budget Desktop & Laptop Computers $ 106,310 $ 85,400 $ 82,000 $ 169,000 $ 88,770 Mobile Data Computers 44,160 39,510 30,410 6,990 WFD Server 7,550 5,045 Server Replacements 67,600 30,000 58,000 48,000 Storage Area Network Expansion 120,000 Wireless Technology 480,000 ERP Software (From Reserve) 400, ,000 Covenants Software 354,785 Network Equipment 55,884 57,000 14,200 50,000 Printers 7,440 Software Licenses 35,000 96,228 80,000 30,000 30,000 IT Vehicle 28,000 WFD Audio Video System 63,700 Microwave Network 950,000 Townhall Security Equipment 278,000 Total $ 1,713,094 $ 662,923 $ 672,160 $ 384,035 $ 796,770 Funding from General Fund $ 1,378,780 $ 12,000 $ 80,000 $ 155,000 $ 480,000 Funding from Capital Replacement Fund 334, , , , ,770 OTHER CAPITAL $ 1,713,094 $ 662,923 $ 672,160 $ 384,035 $ 796,770 Grogan's Mill Rd. Property Improvements $ $ 500,000 $ $ $ Flood Gauges 75,000 Town Hall Facility Improvements/Equipment 15, ,000 8,500 5,000 15,000 Total $ 90,000 $ 662,000 $ 8,500 $ 5,000 $ 15,000 Funding from General Fund $ $ $ $ $ Funding from Flood/Drainage Reserve 75,000 Funding from Capital Replacement/Building Reserve 15, ,000 8,500 5,000 15,000 $ 90,000 $ 662,000 $ 8,500 $ 5,000 $ 15,000 TOTAL TWT CAPITAL BUDGET Parks & Recreation 3,462,783 2,040,000 2,554,000 3,663,100 2,372,120 Information Technology 1,713, , , , ,770 Other Capital 90, ,000 8,500 5,000 15,000 TOTAL TWT CAPITAL BUDGET $ 5,265,877 $ 3,364,923 $ 3,234,660 $ 4,052,135 $ 3,183,890 Funding from General Fund 2,295, , , , ,000 Funding from Flood/Drainage Reserve 75,000 Funding from Parks Projects Reserve 949,900 Funding from Capital Replacement/Building Reserve 1,945,904 3,164,923 3,014,660 3,880,135 2,703,890 TOTAL WFD CAPITAL BUDGET $ 1,916,000 $ 3,195,000 $ 392,000 $ 1,522,000 $ 1,481,250 TOTAL CONSOLIDATED CAPITAL BUDGET $ 7,181,877 $ 6,559,923 $ 3,626,660 $ 5,574,135 $ 4,665,140 Funding from General Fund 3,146,073 1,043, , , ,000 Funding from Flood/Drainage Reserve 75,000 Funding from Parks Projects Reserve 949,900 Funding from Capital Replacement/Building Reserve 3,010,904 5,516,923 3,281,660 5,097,135 4,155,140 LESS ASSETS FINANCED BY BONDS/DEVELOPER CAP $ $ $ $ $ CAPITAL OUTLAY (nondeveloper) $ 7,181,877 $ 6,559,923 $ 3,626,660 $ 5,574,135 $ 4,665,

39 THE WOODLANDS TOWNSHIP CAPITAL BUDGET FOR THE FIVE YEARS (In Whole Dollars) Budget Budget Budget Budget Budget INFLATION FACTOR 2.00% 2.00% 2.00% 2.00% TOTAL TWT CAPITAL BUDGET INFLATED (Except Developer) Law Enforcement Services Parks & Recreation 3,462,783 2,080,800 2,657,182 3,887,311 2,567,659 Information Technology 1,713, , , , ,449 Other Capital 90, ,240 8,843 5,306 16,236 TOTAL TWT CAPITAL BUDGET INFLATED $ 5,265,877 $ 3,432,221 $ 3,365,340 $ 4,300,158 $ 3,446,345 TOTAL WFD CAPITAL BUDGET INFLATED $ 1,916,000 $ 3,258,900 $ 407,837 $ 1,615,159 $ 1,603,353 TOTAL CONSOLIDATED CAPITAL BUDGET INFLATED $ 7,181,877 $ 6,691,121 $ 3,773,177 $ 5,915,317 $ 5,049,698 LESS ASSETS FINANCED BY BONDS/DEVELOPER CAP $ $ $ $ $ CAPITAL OUTLAY (nonfinanced) INFLATED $ 7,181,877 $ 6,691,121 $ 3,773,177 $ 5,915,317 $ 5,049,698 INFLATED EXCEPT FOR BONDED AND DEVELOPER CAPITAL $ 6,691,121 $ 3,773,177 $ 5,915,317 $ 5,049,698 Funding from General Fund 3,146,073 1,063, , , ,040 Funding from Parks Projects Reserve 949,900 Funding from Flood/Drainage Reserve 75,000 Funding from Capital Replacement Fund/Other Reserves 3,010,904 5,627,261 3,414,239 5,409,120 4,497,

40 THE WOODLANDS FIRE DEPARTMENT, INC. CAPITAL BUDGET FOR THE FIVE YEARS (In Whole Dollars) Total Total Total Total Total COMPUTERS: SOFTWARE & HARDWARE Computer Aided Dispatch $ 65,000 $ 70,000 $ $ 30,000 $ 30,000 TOTAL 3YEAR ASSETS $ 65,000 $ 70,000 $ $ 30,000 $ 30,000 VEHICLES Staff /Utility Vehicles $ 120,000 $ $ 60,000 $ 90,000 $ 60,000 TOTAL 5YEAR ASSETS $ 120,000 $ $ 60,000 $ 90,000 $ 60,000 FURNITURE, FIXTURES & EQUIPMENT Portable Radios $ 168,000 $ 168,000 $ $ $ Signal Changing Device (Opticom) 90,000 40,000 40,000 40,000 40,000 Cardiac Monitors 780,000 Thermal Imaging Cameras 45,000 30,000 45,000 45,000 Electronic Accountability 8,000 Extrication Tools 50,000 Training Tools and Equipment 30,000 30, ,000 Hazmat Detection 125,000 TOTAL 5YEAR ASSETS $ 296,000 $ 1,063,000 $ 195,000 $ 410,000 $ 85,000 SPECIALTY VEHICLES & EQUIPMENT Hazmat Truck $ $ $ $ $ 1,200,000 Rescue Truck 1,200,000 Fire Engine 800, , ,000 Boat 40,000 Brush Truck 75,000 Service Truck 500,000 TOTAL 15YEAR ASSETS $ 1,300,000 $ 2,000,000 $ 75,000 $ 890,000 $ 1,200,000 FIRE STATIONS Station Improvements $ 135,000 $ 62,000 $ 62,000 $ 102,000 $ 106,250 TOTAL 30YEAR ASSETS $ 135,000 $ 62,000 $ 62,000 $ 102,000 $ 106,250 TOTAL WFD CAPITAL BUDGET $ 1,916,000 $ 3,195,000 $ 392,000 $ 1,522,000 $ 1,481,250 Funding From Bond Proceeds $ Funding from General Fund 851, , , ,000 30,000 Funding from Capital Replacement Fund 1,065,000 2,352, ,000 1,217,000 1,451,250 INFLATION FACTOR 2.00% 2.00% 2.00% 2.00% TOTAL WFD CAPITAL BUDGET INFLATED $ 1,916,000 $ 3,258,900 $ 407,837 $ 1,615,159 $ 1,603,

41 Board of Directors Planning Session Agenda Meeting Date: 05/17/2018 SUBJECT MATTER: Receive, consider and act upon matters regarding the Incorporation Planning Study (C & C ); FISCAL IMPACT: Up to $872,500 to be funded from the Incorporation Reserve. BACKGROUND: The Township has engaged consulting firms to assist with the incorporation planning process and updates from the consultants will be provided at each of the Township Board planning session meetings through The public will have the opportunity to provide feedback to the Board at each of the meetings; however, the Wednesday meetings at 6 p.m. will focus on input from residents and reports from the two governance consulting firms. The Township will also be hosting community Town Hall meetings in September and in November to discuss the incorporation planning process. At the May 17 planning session, consultants from the Matrix Consulting Group are anticipated to discuss financial assumptions to be used in the Future Governance/Incorporation study, as well as the frequently asked questions to be placed on the study's website, once developed by the Matrix Consulting Group. This is envisioned as a working session among the consultants and the Township Board of Directors, with rollout of the plan for public feedback at 6 p.m. planning session on Wednesday, May 23. RECOMMENDATION: Board to determine action.