FY 2017 COUNCIL BUDGET WORK SESSION AUGUST 25, 2016

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1 FY 2017 COUNCIL BUDGET WORK SESSION AUGUST 25,

2 Total Assessed Value & Adjusted Net Taxable Value Billions $80 $75 $ $800 $750 Millions Assessed/Taxable Values $70 $65 $60 $55 $50 $45 $40 $ $ $362 $ $ $385 $ $ $404 $ $428 $700 $650 $600 $550 $500 $450 $400 Budgeted Property Tax Revenue $35 $350 $ Total Assessed Value Adj Net Taxable Value Budgeted Property Tax Revenue $300 2

3 Increased Taxable Value Commercial New Growth $680,300,655 14% Residential New Growth $952,338,175 19% Increased Assessment $3,263,410, % 3

4 Tax Base Change 70% Total Market Value of Taxable Real & Personal Property (Values do not reflect exemptions) 60% 56% 58% 57% 50% 40% 44% 42% 43% 30% 20% 10% 0% % Residential % Commercial

5 Tax Rate Allocation, $ Environmental Fees established 1995 CCPD established 2006 Stormwater Fee established $ $ $ $ $ $ $ $ $ $ $ $ $ $ $0.899 $0.855 $ $ $ $ $ $ $ $ Debt Service Tax Rate Operating Tax Rate Solid Waste Collection Fees implemented in 1982

6 Tax Rate Comparison DFW Metroplex (top 15) $ $ $ $ $ $ $ $ $ $ Fort Worth Dallas Garland Denton Grand Prairie Arlington Mesquite Richardson Carrollton Irving McKinney Allen Plano Frisco Lewisville $ $ $ $ $ $ $ $ $ $ Current Proposed 6

7 Tax Rate Comparison Largest Texas Cities (top 10) $ $ $ $ $ $ $ $ $ $ Fort Worth 2.00 Dallas El Paso Arlington 0.32 Laredo Corpus Christi Houston San Antonio Plano Austin $ $ $ $ $ $ $ $ $ $ Current Proposed 7

8 Average Home in Fort Worth 8

9 Top 10 Largest Property Taxpayers Millions $450 $400 $350 Total Taxable Value $300 $250 $200 $150 $100 $50 $0 Alcon Laboratories Oncor Electric Delivery Bell Helicopter Textron DDR/DTC City Investments LP American Airlines AT&T Mobility Behringer Harvard Burnett Plz F7 SSSM LLC Carlyle/Cypress West 7th Union Pacific 9

10 Budgeting Assumptions The Cost of Government Does Not Automatically Increase. All Things Change; Therefore Programs and Services Need to be Rejustified. The Cost per Unit of Everything Should go Down if Your Units Increase. Nothing is Free. All Resources are Finite. Everything Competes Against Everything. Choices and Trade Offs are Required. It s All About Balance. Our Job is to Serve Our Customers, Represent Employees, and Protect the Taxpayer. Financial Modeling is Used to Telegraph Future Needs and Policy Choices. 10

11 Financial Modeling Part of Each Annual Planning Retreat This Past February, We Provided a Financial Model That Illustrated: 4% Property Tax Revenue Growth An Increase in Allocation to PAYG Capital Met Capital and Other Priority Obligations 11

12 Budget Property Tax Revenue Millions $450 $440 $438 $430 $428 Budgeted Property Tax Revenue $420 $410 $400 $390 $380 $370 $362 $385 $404 $420 $360 $ Increase 8.5% Increase 4% Recommended 12

13 Balancing Goals & Priorities Fund Commitments and New Facilities Maintain Debt Service Revenue Growth at 4% or More Contribute More Dollars to Capital (PAYG) (4.75 to 6.50 ) Reduce the Property Tax Rate 13

14 Policy Choices Allocating all of the Property Tax Revenue Growth to Departmental Requests. Requests well exceeded available revenues. Allocating More to Capital: PAYG Cash: Debt Service: Allocating to Other Needs, Such as Transit 14

15 - Fort Worth Police Department School Crossing Guards Increase current rate of $7.49 by $1.00 new rate $8.49 Pay increase effective September 3 rd Use current City of Carrollton agreement with ACMS to enter into contract to outsource the school crossing guard function Benefits: Negotiated contract will include language to hold vendor accountable to maintain minimum school crossing guard staffing; this includes recruiting efforts Will eliminate the need for PD s first line supervisors (sergeants & lieutenants) to engage in non police, clerical work tied to scheduling and timesheet collection Timeline: September 13 th or 20 th Informal or formal report to Mayor/Council October 11 th City Council Agenda October 21 st have finalized contract with ACMS that has been vetted by Legal October 24 th December 9 th ACMS logistics/recruiting/training/hiring December 12 th ACMS begins services to CFW

Senior Citizens Services of Greater Tarrant County Senior Citizens Services (SCS) request $160,000.

16 Senior Citizens Services of Greater Tarrant County Senior Citizens Services (SCS) request $160, to fund on site senior program directors at 8 City facilities Insert map of Fort Worth showing locations of eight facilities. Current City funding for SCS $80,000 managed services agreement (since FY 2014) Facility leases and/or maintenance Funding to support direct staff salaries to implement services and activities for senior patrons

17 Senior Citizens Services of Greater Tarrant County Current reported enrollment: 782 individuals 13% increase over the last 3 years Fiscal Impact: No additional departmental funds are available Funding would require elimination of department FTEs 2 Neighborhood Liaisons Positions are critical element of the neighborhood improvement strategy Enrollment at the 8 Community Centers Location Enrollment Como 86 Diamond Hill 124 Eugene McCray 85 Fellowship Corner 107 Handley Meadowbrook 200 Northside 101 North Tri Ethnic 28 Worth Heights 51 Total 782

18 Alleyway Maintenance Selection Considerations Code Enforcement dumping activity Police call activity Inventory of condition of all Alley Segments Creation of Complete Alley Mowing within a Neighborhood

19 Alleyway Maintenance Funding History 2006 Current FY Budget Segments $1,422,859 1, $1,369,006 1, $735,207 1, $739,130 1, $732,628 1, $379, $376, $332, $407,315 1, * $416,915 1,067 Neighborhood Improvement Initiative (PAYG) $2,560,468 * Recommended in the FY2017 Budget

20 Fort Worth Police Department Staffing Chief Fitzgerald has engaged with city departments and community stakeholders to draft a strategic plan that will include a comprehensive review of current staffing and future staffing needs Review will include the following: Analysis of calls for service Crime rates Analysis of current work loads by districts Creation of officer expectations tied to community policing % of time for officers to proactively engage with the community Review of current and potential technologies that will impact staffing needs PD is including the Budget Office in the process to ensure that the plan includes a fiscal impact analysis Anticipate staffing model will be ready for an initial review by the City Manager s Office by the end of September 2016

FY2018 Council Budget Work Session. August 17, 2017

FY2018 Council Budget Work Session August 17, 2017 Agenda Overview Assessed Value Breakdown TIF & 380 Agreements Recommended Tax Rate Budget Highlights Health Insurance Plan Changes and Update Pension