County of El Paso, Texas Statistical Section For the Year Ended September 30, 2014

Transcription

1

2 Statistical Section For the Year Ended September 30, 2014 This part of the County of El Paso s comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the County s overall financial health. Contents Financial Trends These tables contain trend information to help the reader understand how the County s financial performance and well-being have changed over time. Revenue Capacity These tables contain information to help the reader assess the County s most significant local revenue source, the property tax. Debt Capacity These tables present information to help the reader assess the affordability of the County s current levels of outstanding debt and the County s ability to issue additional debt in the future. Demographic and Economic Information These tables offer demographic and economic indicators to help the reader understand the environment within which the County s financial activities take place. Operating Information These tables contain service and infrastructure data to help the reader understand how the information in the County s financial report relates to the services the County provides and the activities it performs. Table No Sources: Unless otherwise noted, the information in these tables is derived from the comprehensive annual financial reports for the relevant year. The County implemented GASB Statement 34 in 2002; tables presenting government-wide information include information beginning in that year. 211

3 Fiscal Year Net Position by Component, Last Ten Fiscal Years (Accrual Basis of Accounting) Governmental activities Net investment in capital assets Restricted Unrestricted Total governmental activities net assets Business-type activities Net investment in capital assets Restricted Unrestricted Total business-type activities net assets Primary government Net investment in capital assets C! Restricted h) Unrestricted Total primary government net assets

4 Table 2 Changes in Net position, Last Ten Fiscal Years (Accrual Basis of Accounting) Expenses Governmental Activities: General government Administration of justice Public safety Health and welfare Community services Resource development Culture and recreation Public works Interest on long-term debt Total governmental activities expenses Fiscal Year 2009 plj Business-type activities: County water system* MayfairNuway Water Project' County Solid waste Total business-type activities Total primary government expenses z Program Revenues W Governmental Activities: Fees, Fines, and Charges for Services: General government Administration of justice Public safety Health and welfare Culture and recreation Public works Operating grants and contributions Total governmental activities program revenues Business-type activities: Fees, Fines, and Charges for Services: County water system* MayfairNuway Water Project* County Solid waste Capital grants and contributions Total business-type activities program revenues Total primary govenunent program revenues Net (Expense)lRevenue Governmental activities Business-type activities Total primary government net expenses ($117,463,827) ($122,962,900) ($150,409,140) ($159,015,836) ($174,612,327) ($183,044,654) ($171,454,735) ($182,204,073) ($193,899,324) ($207,050,402) (232,829) (390,776) (259,904) (239,043) (216,737) (210,628) ( ) 2,362 (188,767) (92,O 17) ($117,696,656) ($123,353,676) ($150,669,044) ($159,254,879) ($174,829,064) ($183,255,282) ($171,680,929) ($182,201,711) ($194,088,091) ($207,142,419) (continued)

5 General Revenues and Other Changes in Net Position Governmental activities: Taxes: Property $100,438,307 $97,968,047 $102,856,191 $108,236,305 $113,138,557 $114,442,824 $123,986,002 $127,685,281 $148,612,137 $158,910,813 HoteIlMotel 2,285,353 2,602,025 2,880,435 3, ,898,461 3,038,568 3,064,525 3,246,193 3,221,472 3,392,160 Sales 27,704,322 31,117,468 32,985,941 35,308,357 34,125,702 35,426,489 38,595,715 38,889,557 40,199,680 42,045,731 Bingo 64,113 67,503 62, ,964 56,409 56,406 70,904 52,513 52,924 State mixed beverage 1,116,650 1,253,605 1,375,735 1,474,576 1,593,181 1,821,637 1,849,695 1,579,600 1,647,632 2,180,010 Interest 3,513,505 6,550,788 7,232,280 7,486,019 5,378,241 3,941,036 2,886,152 1,115,698 1,310, ,396 Miscellaneous 10,008,007 4,447,345 3,209,205 2,595,009 4,085,709 4,190,653 3,613,904 3,767,661 4,450,430 4,713,854 Realized gain 15,254 11,065 Gain on sale of capital assets 28, , ,843 38, ,516 7,640 55,365 52,813 30,427 64,130 Transfers 765,195 (40,000) (5,000) (5,300) (20,000) (12,184) (100,000) Total governmental activities 145,923, ,182, ,912, ,302, ,392, ,905, ,095, ,407, ,524, ,500,018 Business-type activities: Interest 33,323 62,463 72,664 53,821 25,245 18,836 16,287 6,063 4,883 1,225 Miscellaneous 210 Trans fen 40,000 5,000 5,300 20,000 12, ,000 E Total business-type activities program revenues 33,323 62, ,664 58,821 30,545 38,836 28,471 6,063 4, ,435 -P Total primary government $145,957,081 $144,245,238 $151,025,072 $158,361,541 $161,422,576 $162,944,092 $174,124,051 $176,413,770 $199,529,437 $211,601,453 Change in Net Position Governmental activities $22,960,858 ($6,226,365) $503,268 ($713,116) ($13,220,296) ($20,139,398) ($8,108,493) ($17,491,617) ($7,525,848) $211,500,018 Business-typc activities (357,453) (197,441) (147,240) (180,222) (186,192) (171,792) 30,833 (182,704) (87,134) 101,435 Total primary government $22,603,405 ($6,423,806) $356,028 ($893,338) ($13,406,488) ($20,311,190) ($8,077,660) ($17,674,321) ($7,612,982) $211,601,453 County Water System was combined into one system FY Changes in Net Assets, Last Ten Fiscal Years (Accrual Basis of Accounting) Fiscal Year

6 All Other Governmental Funds Reserved $5,386,74 1 $6,375,607 $5,847,215 $8,663,554 $8,556,154 Unreserved, reported in: Special revenue funds 20,062,531 24,722,664 27,883,456 33,084,913 35,557,477 Capital projects funds 28,407,569 26, ,010,644 81,512,484 69,863,800 Restricted $92,882,400 $62, $147,322,043 $124,673,150 $102,759,554 h, Committed 1,267,122 1,357, Ass~gned 4,775,819 15,291,893 11,315, ,874 8,801,091 Total all other governmental funds $53,856,841 $57,958,982 $54,741,315 $123,260,951 $113,977,431 $98,925,341 $78,975,924 $159,643,232 $134,074,024 $117,606, Fund Balances, Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting) Fiscal Year General Fund Reserved Unreserved Nonspendable Assigned unassigned Total general fund The fund balances are reported prospectively for the years prior to implementation of GASB 54 beginning with Fiscal Year 2010

7 Debt service as a percentage of noncapital expenditures 8.4% 7.9% 7.3% 7.1% 6.2% 6.2% 5.3% 5.5% 7.3% 8.8% 2014 Table 4 Changes in Fund Balances, Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting) Fiscal Year Revenues Taxes Licenses and permits Intergovernmental revenues Charges for services Fines and Forfeitures Interest Miscellaneous Total Revenues Expenditures Current: General Government Administration of justice Public safety Health and welfare Community services Resource development h) Culture and recreation CL Public works Debt Service: Principal Interest Bond call costs Bond issuance costs Capital outlays Total expenditures Excess of revenues over (under) expenditures Other Financing Sources (Uses) Transfers in Transfers out Premium (discount) on bonds issued Issuance of debt Refunding bonds issued Payment to refunded bond escrow agent Capital leases Realized gain Sale of capital assets Total other financing sources (uses) Net change in fund balances

8 County of El Paso Assessed Value and Actual Value of Taxable Property, Last Ten Fiscal Years Fiscal Year Ended Residential Commercial Industrial Less: Total Taxable Total Direct September 30, Property Property Property Other Exemptions Assessed Value Tax Rate Source: Central Appraisal District Note: Property in the County is reassessed every third year. Property is assessed at actual value; therefore, the assessed values are equal to actual value. Tax rates are per $100 of assessed value. The table prior to the implementation required in this schedule presented information by class, real, and personal property, rather than by major component. Also, the assessed value was presented as a ratio of total estimated actual value.

9 Table 6 Property Tax Rates (1) Direct and Overlapping Governments Last Ten Fiscal Years (Unaudited) Name of Government h, San 03 County Direct Rates General and Debt Service University Medical Center Total direct rate City and Town Rates City of Anthony City of El Paso City of Horizon City of Socorro Town of Clint School District Rates Anthony Ind. School District Canutillo Ind. School District Clint lnd. School District El Paso Ind. School District Fabens Ind. School District Elizario Ind. School District Socorro Ind. School District Tornillo Ind. School District Ysleta lnd. School District Special District Rates EPCO Emergency Service District No. 1 EPCO Emergency Service District No. 2 EPCO Tornillo Water Improvement Dist. EPCO Water Authority (Horizon) El Paso Community College Hacienda Del Norte Water Imp. Dist. Homestead Municipal Util. Dist. (2) Lower Valley Water Authority Westway Water Imp. District (2) Downtown Management District Source: City of El Paso Consolidated Tax Office. Notes: Overlapping rates are those that apply to property owners within the County of El Paso. Not all overlapping rates apply to all County property owners; for example, although the County property tax rates apply to all County property owners, the City of El Paso rates apply only to those whose property is located within the City's geographic boundaries. (1) These property tax rates are expressed in dollars per $100 assessed valuation. (2) These districts have been absorbed by the Public Service Board (PSB)

10 County of El Paso Principal Property Taxpayers Current Year and Nine Years Ago (Amounts Expressed in Thousands) Taxpayer 2014 Percentage of Taxable Assessed Total Assessed Value Rank Value 2005 Taxable Assessed Value Rank Percentage of Total Assessed Value Western Refining Company L.P. El Paso Electric Co Wal-Mart Stores Texas LLC Sierra Providence Physical Rehab Hospital Simon Property Group River Oaks Properties LTD Hawkins and I- 10 Acquisition Company Union Pacific Railroad Co Texas Gas Service Southwestern Bell Telephone Co Tenet Hospitals Limited Phelps Dodge Refinery Hoover Co. Texas & Kansas City Cable PTNRS Source: Central Appraisal District.

11 County of El Paso Property Tax Levies and Collections Last Ten Fiscal Years (Amounts Expressed in Thousands) Collected within the Fiscal Year of the Levy Collections in Original Tax Total Adjusted Percentage of Subsequent Fiscal Year Levy Adjustments Levy Amount Original Levy Years ,198 (657) 90,541 87, % 1, ,536 (360) 97,176 93, % ,453 (96) 101,357 97, % ,298 (706) 106, , % ,735 (695) 111, , % ,629 (1,377) 113, , % ,632 (995) 122, , % ,490 (587) 125, , % ,813 (678) 148, , % ,113 (1,290) 158, , % Total Collections to Date Percentage of Adjusted Amount Levy 89, % 94, % 98, % 104, % 107, % 110, % 119, % 123, % 145, % 155, % Source: City of El Paso Consolidated Tax Office and El Paso County Auditor's Office.

12 Table 9 Ratios of Outstanding Net Debt by Type Last Ten Fiscal Years (Unaudited) Governmental Activities General Less: Funds Percentage of Obligation Certificates of Available in Actual Year Bonds (1) Obligation (1) Debt Service Total (1) Property Per Capita (4) Business- Type Activities Revenue Bonds (1) (5) Total Primary Percentage of Government Personal Per Capita (1) Income (4) (4) Notes: Details regarding the County's outstanding debt can be found in the notes to the financial statements. (1) Amounts expressed in thousands. (2) Amounts available for repayment of general obligation bonds. (3) See Table 5 for taxable property value data. (4) Population and personal income data can be found in table 13. (5) The amounts include state issued bonds for which the county is paying back with user assessed fees.

13 Table 10 Direet and Overlapping Debt Governmental Activities As of September 30,2014 (Unaudited) (Amounts Expressed in Thousands) Jurisdiction Percentage Amount Debt Applicable to Applicable to Outstanding County of El Paso County of El Paso Direct: County of El Paso Total direct debt Overlapping: Anthony Independent School District Canutillo Independent School District City of El Paso City of Socorro Clint Independent School District El Paso County Water Authority (Horizon) El Paso Independent School District Fabens Independent School District Lower Valley Water District University Medical Center San Elizario Independent School District Socorro Independent School District Tornillo Independent School District Town of Anthony Town of Horizon City Ysleta Independent School District El Paso CO WC&ID #4 Pasw Del Este MUD# 2 Pasw DeI Este MUD# 3 Paseo Del Este MUD# 10 Pasw Del Este MUD# 1 1 Total overlapping debt Totals Source: County Auditor's Office and Municipal Advisory Council of Texas, Texas Municipal Reports. Note: Overlapping governments are those taxing entities that are totally within the geographic boundaries of the County of El Paso. There are no taxing entities whose boundaries extend beyond the County's boundaries. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the County of El Paso. This process recognizes that when considering the County's ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt of each overlapping government.

14 Legal Debt Margin Calculation for Fiscal Year 2014 Assessed Value Table 11 Debt limit-5% of Assessed Value (I) Debt Applicable to Limit: Total bonded debt 2 16,320 Less: Amount available for repayment of general obligation bonds 1,509 Total net debt applicable to limit 214,811 Legal debt margin $1,867,043 Legal debt margin $1,007,772 $1,188,391 $1,390,698 $1,468,978 $1,535,561 $1,542,601 $1,6 10,764 $1,799,122 $1,830,988 $1,867,043 Legal Debt Margin Information Last Ten Fiscal Years (Unaudited) (Amounts Expressed in Thousands) Debt limit $1,127,963 $1,297,251 $1,487,654 $1,627,943 $1,688,311 $1, $1,750,239 $1,820,944 $2,056,237 $2,081,854 t4 t4 Total net debt applicable to limit W 120, ,860 96, , , , ,475 21, , ,811 Total net debt applicable to the limit 10.7% 8.4% 6.5% 9.8% 9.0% 8.6% as a percentage of debt limit Note: Under the State of Texas Government Code Section , the County's outstanding debt should not exceed 5% of total assessed property value

15 Table 12 Pledged-Revenue Coverage Last Ten Fiscal Years (Unaudited) Water Revenue Bonds YIUS: Intergovern mental Less: Net Fiscal Service Operating Operating Interest Revenue Net Availabe Debt Service Year Charges Expenses Revenue Revenue (Expenses) Revenue Principal Interest Coverage Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements. Operating expenses exclude interest and depreciation expenses. The coverage ratio is calculated by dividing net pledged revenue by the sum of principal and interest.

16 Table 13 Demographic and Economic Statistics Last Ten Fiscal Years (Unaudited) Personal Income (thousands of Per Capita School Unemployment Fiscal Year Population dollars) lncome Median Age Enrollment Rate Sources: Population by the Texas Department of State Health Services. Unemployment data provided by the Texas Workforce Commission. Per capita income, personal income, median age information and enrollment provided by the U.S. Census Bureau's American Community Survey. Note: Population as of Census.

17 Table 14 Fort Bliss (Military and Civilian) El Paso Independent School District Ysleta Independent School District City of El Paso Socorro Independent School District T & T Staff Management L.P. University of Texas at El Paso Tenet Health El Paso County El Paso Community College Sierra Providence Health Network Wal-Mart Echostar Satellite Corp. Principal Employers Current and Eight Years Ago * Percentage of Percentage of Total County Total County Employer Q Employees Rank Employment Source: Texas Workforce Commission and the City of El Paso Office of Economic Development. Note: (*) Table should reflect comparison data from nine years ago; however, most recent data was seven years ago.

18 Notes: (1) Over the years, the County has added personnel to staff the demands of understaffed departments and for the administrative support of additional courts. (2) Personnel has been added to staff new courts and for the judicial support offices. Table Full-time Equivalent County Government Employees by Function/Program, Last Ten Fiscal Years Function/Pro~ram General government (1) Administration ofjustice (2) Public safety Health and welfare Resource development Culture and recreation Public works Grants h) h) Total 4 Source: County Auditor's Ofice. Fiscal Years

19

20 Table 16 (concluded) County of El Pnso, Texas Operating Indicators by FunctionlProgram Last Eight Fiscal Years Resource development Anricultural - co-od extension Number of educational mesentations Number of participants in educational oresentations Culture and recreation Parks and recreation Golf memberships sold Number of golf tournaments Pool rentals (2) Public works Road and Bridge (3) Miles of roads chip sealed Miles of roads reconstructed Miles of road shoulders paved Miles of road overlay N/A N/A N/A 0.4 N/A N/A N/A N/A N/A 16.8 Source: Various County departments. Texas Office of Coun Adminismtion for Adminismation of Justice data Notes: Resource development indicators are estimates. Indicators are not available for the community services function. Data not available for some functions in some years. (1) Tax Office data is reported based on the State's fiscal year, which is September through August, for 2002 through 2005, thereafter Tax Office data is reported based on a calendar year. (2) Pool services ad maintenance were contracted out to YMCA as of April (3) Road and Bridge p a ~ for g 2013 was not successful due to deficient material: therefore no value was added to county roads and no reports were generated for fiscal year.

21 Capital Asset Statistics by Function/Program Last Nine Fiscal Years Function/Pmgram General government Touchscreen voting machines Administration of justice Courtroom video projection systems Public safety Sheriff stations Sheriff patrol vehicles Constable vehicles Community services Transit buses and vans Culture and recreation County parks Golf courses Swimming pools County libraries Coliseum Equestrian center Public works Bridges Roads Source: Various County departments and County fixed asset reports. Notes: Capital asset indicators are not available for the health and welfare or the resource development function. Fiscal Year

22