Town of Flower Mound Town Council. Town Administration

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2 Town of Flower Mound Town Council Melissa D. Northern Mayor Kendra Stephenson Place 1 Mark Wise Place 3 Tom Hayden Place 5 Al Filidoro Mayor Pro Tem Place 2 Steve Lyda Deputy Mayor Pro Tem Place 4 Town Administration Chuck Springer Assistant Town Manager/CFO Tracy Knierim Executive Director Community Relations Kenneth Brooker Police Chief Police Services Gary Sims Executive Director Community Services Harlan Jefferson Town Manager Theresa Scott Town Secretary Legislative Services Kent Collins Assistant Town Manager Edith Marvin Town Engineer Infrastructure Services Eric Metzger Fire Chief Fire and Emergency Services Doug Powell Executive Director Development Services 1

3 Table of Contents FY Budget Summary 5 General Fund 7 Enterprise Funds 16 Internal Service Funds 22 Special Revenue Funds 23 General Debt Service Fund 24 Capital Improvement Program 25 Town of Flower Mound Profile 28 2

4 October 1, 2011 Honorable Mayor and Town Council: The FY Budget-in-Brief presents a summary of the Town s adopted budget to the citizens of our community. The FY Adopted Budget, which includes the total resources of $102,802,279 and expenditures of $105,221,769, was developed to maintain the Town s fiscal integrity, address the Town Council s priorities, and maintain service levels. Our goals when creating the Adopted Budget included maintaining the current property tax rate, maintaining or enhancing service levels, and keeping the capital improvement program on schedule. The property tax rate will remain at $ per $100 assessed valuation for the eleventh year and will generate $31,012,811 in revenue. Of this amount, $21,725,798 will go to the General Fund, $8,249,528 will go to Debt Service, and $1,037,485 will go to the Town s Tax Increment Reinvestment Zone. Staff is highly appreciative of the leadership and guidance provided by the Mayor and Town Council during the preparation of the Adopted Budget. We thank each of you for your support of our combined efforts to provide a comprehensive program of municipal operations and services, while remaining within a framework of conservative financial planning and responsible fiscal control. Respectfully submitted, Harlan Jefferson Harlan Jefferson Town Manager Chuck Springer Chuck Springer Assistant Town Manager/CFO 3

5 Organization of the Total Budget General Fund $42,355, % Enterprise Funds $33,308, % Internal Service Funds $9,442, % Special Revenue Funds $11,699, % Total Budget $105,221, % General Debt Service Fund $8,416, % 4

6 FY Budget Summary On September 19, 2011, the Flower Mound Town Council approved a $105,221,769 budget for FY The approved budget consists of General, Enterprise, Internal Service, Special Revenue, and General Debt Service Funds. General Fund The General Fund accounts for 40.2 percent of the budget and supports basic services such as police, fire, parks, recreation, streets, library, environmental health, and other community services. It is the general operating fund of the Town and is used to account for all transactions and operations of governmental units that are not accounted for in another fund and/or that are financed from taxes or other general revenues. Enterprise Funds The Town has two Enterprise Funds, the Utility Fund and the Stormwater Utility Fund, which together comprise 31.7 percent of the budget. Enterprise Funds are those that support their own administration, acquisition of facilities, operation, and maintenance through the collection of user charges such as the sale of water, wastewater fees, stormwater utility fees, and drainage inspection fees. Internal Service Funds Internal Service Funds account for 9.0 percent of the budget and include the Health Insurance Fund and the Vehicle, Equipment, and Technology Replacement Fund. The Health Insurance Fund is used to account for the Town s health insurance program and flexible benefit accounts for medical and childcare costs. The Vehicle, Equipment, and Technology Replacement Fund is used to set aside funds each year to ensure that vehicles, equipment, and technology are promptly replaced at the end of their useful life. 5

7 Special Revenue Funds Special Revenue Funds are used to account for the proceeds of special revenue sources, other than expendable trusts or major capital projects. They make up 11.1 percent of the budget and include such funds as the Library Development, Park Development, Parks and Recreation Special Activities, Municipal Court Security and Technology, and Grant Funds. The dedicated sales tax funds for street maintenance, 4B parks, crime control district, and the fire district are also included with the Special Revenue Funds. General Debt Service Fund The General Debt Service Fund accounts for 8.0 percent of the budget and pays for the annual interest and principal costs of general obligation bonds, certificates of obligation, and other tax-supported debt issued to finance the tax-based portion of the Capital Improvement Program of the Town. 6

8 General Fund Revenue Sources $42,357,172 Charges for Current Services 4.5% Licenses and Permits 3.7% Fines and Forfeitures 3.5% Intergov't. Revenue 0.8% Other Revenue 6.0% Other Taxes 0.2% Sales Tax Collections 16.7% Interest Income 0.9% Utility Franchise Fees 11.8% Property Taxes 51.9% 7

9 Property Tax Analysis The tax roll of the Town increased 1.27 percent from FY The July 25, 2011, Certified Tax Roll of $6,674,576,249 (net of $223,305,631 TIRZ value) marks an increase of $83,782,618 over the previous year s certified roll on July 25. The total proposed property tax rate will remain at $0.4497; however, the General Fund rate will increase from $ to $0.3267, and the debt service rate will decrease from $ to $ Total property tax revenue for FY is expected to be $31,012,811 with $21,725,798 allocated to the General Fund. For Flower Mound residents living in Denton County and in Lewisville Independent School District, the total tax rate for 2011 is $ /100. The Town of Flower Mound tax rate is $ or 20.9% of the total tax rate. 100% 90% Denton County % 70% 60% 50% 40% 30% 20% 10% 0% Lewisville ISD Town of Flower Mound Taxing Entities Denton County Lewisville ISD Town of Flower Mound 8

10 General Fund Revenue Sources The General Fund has a number of revenue sources, the largest of which is the ad valorem tax (property tax). It constitutes 51.9 percent of all General Fund revenues. Additional sources of revenue include utility franchise fees, sales tax collections, other taxes, charges for current services, licenses and permits, fines and forfeitures, interest earnings, and intergovernmental revenue. The current sales tax rate for the Town of Flower Mound is two cents per dollar ($0.02) on all goods and services deemed taxable, where one cent ($0.01) is for the Town s General Fund and the other cent ($0.01) is for four quarter-cent dedicated sales taxes. The one cent of sales tax that is for the General Fund is expected to generate similar revenues to those collected in FY Property Taxes $ 22,001,198 Utility Franchise Fees 4,999,406 Sales Tax Collections 7,089,000 Other Taxes 80,325 Charges for Current Services 1,896,050 Licenses and Permits 1,566,148 Fines and Forfeitures 1,483,249 Interest and Rent 371,743 Intergovernmental Revenue 321,442 Other Revenue 2,548,611 General Fund Revenues Total $ 42,357,172 In FY , projected General Fund expenditures are $2,000 less than budgeted General Fund revenues. The estimated ending fund balance will be percent of the fund s total expenditures. 9

11 General Fund Expenditures $42,355,172 Town Manager's Office 1.5% Infrastructure Services 7.5% Non- Departmental 6.7% Fire Services 18.1% Financial Services 18.1% Legislative Services 1.0% Community Relations 1.5% Police Services 23.5% Development Services 3.5% Community Services 18.6% 10

12 General Fund Services Town Manager s Office $634,362 The Town Manager s Office is responsible for implementing the policies established by the Town Council, and ensuring proper administration of all Town departments, functions, and affairs. Town Manager s Office $ 634,362 Town Manager s Office Total $ 634,362 Legislative Services $ 422,580 The Legislative Services Department is the combined divisions of the Town Secretary s Office, Town Council Support, and Election Services. The Town Secretary s Office is responsible for the following: preparing, posting, and distributing Town Council meeting agendas and packets; administering local elections; administering appointments to boards and commissions; performing follow-up actions to the actions taken by the Town Council; administering and implementing the Town s records management program; fulfilling requests for public information (Town documents), and providing clerical and administrative support to the Mayor and Town Council. Town Secretary s Office $ 380,224 Town Council Support 26,546 Election Services 15,810 Legislative Services Total $ 422,580 11

13 Development Services $1,498,696 The Development Services Department provides efficient and professional assistance to ensure responsible development and building practices that implement the Town s Master Plan, Development Regulations, and Building Codes. Divisions for the Development Services Department include Building and Inspection Services and Planning Services. Building and Inspection Services $903,653 Planning Services 595,043 Development Services Total $1,498,696 Community Services $7,884,152 The Community Services Department provides beautiful parks and trails, multi-generational athletic and recreational services, and a state-of-the-art library for the Town s citizens and quality neighborhoods and businesses through code enforcement and environmental health services. Divisions of the Community Services Department include Library Services, Park Services, Recreation and Leisure Services, Community Activity Center, Seniors in Motion, and Environmental Services. Community Services Administration $ 218,776 Library Services 1,300,289 Park Services 2,455,490 Twin Coves Park Recreation and Leisure Services 79, ,007 Community Activity Center 2,179,311 Seniors in Motion 156,313 Environmental Services 1,210,266 Community Services Total $7,884,152 12

14 Police Services $9,943,569 The Flower Mound Police Department is responsible for the protection of lives and property and the preservation of social order and public peace. In accomplishing this mission, the day-to-day duties and activities of the Police Department include: prevention and repression of crime, apprehension of offenders, recovery of property, traffic services and enforcement, regulation of non-criminal behavior, and courteous and professional performance of miscellaneous public services. Animal Services $ 517,480 Operating Services 9,051,274 Crossing Guards 374,815 Police Services Total $9,943,569 Financial Services $7,621,649 The Financial Services Department provides general administrative and support services for the various departments, functions, and activities of the Town. Such services include accounting, financial reporting, budget preparation and control, payroll, debt management, custody and investment of funds, economic development, human resources, facilities management, purchasing, and information technology. Additionally, the department is responsible for such external functions as municipal court administration, providing support to community organizations, outsourcing solid waste collections, and outsourcing tax assessment and collections. Financial Services Administration $ 571,663 Accounting Services 672,913 Franchise Administration 28,967 Budget Services-Tax Appraisal and Collections 292,396 Budget Services-Community Support 201,784 Municipal Court 576,336 Economic Development 286,951 Human Resources 510,543 13

15 Management Information Systems 990,912 Geographic Information Systems 262,061 Facilities Management Services 2,532,820 Purchasing and General Services 262,557 Fleet Services and Materials Management 431,746 Financial Services Total $7,621,649 Fire and Emergency Services $7,686,946 The Fire and Emergency Services Department minimizes life-threatening and property-endangering situations primarily through the Fire Suppression, Emergency Medical Services, and Fire Prevention Divisions. The department is equipped to respond to fires and other emergencies in the developed, as well as undeveloped areas of the Town. Fire and Emergency Services Administration $ 246,489 Emergency Medical Services 426,019 Fire Suppression Services 6,672,561 Emergency Management 73,123 Fire Prevention Services 268,754 Fire and Emergency Services Total $ 7,686,946 Community Relations $646,469 The Community Relations Department is comprised of the Community Affairs and Customer Relations Divisions. This department is responsible for managing public relations, the Town s website and television station, and customer service for citizens. Community Affairs $336,964 Customer Relations 309,505 Community Relations Total $646,469 14

16 General Fund Non-Departmental $2,828,125 The Non-Departmental Department provides for transfers between funds for shared operating costs. Also included in the department are any expenses not falling within a single department activity that can be most efficiently handled in the aggregate for the entire General Fund. General Fund Transfers $ 884,978 General Fund Non-Departmental 1,943,147 General Fund Non-Departmental Total $2,828,125 Infrastructure Services $3,188,624 The Infrastructure Services Department administers traffic control and pavement maintenance, which includes providing and maintaining safe and convenient public thoroughfares throughout the Town. Infrastructure Services Administration $ 322,201 Street Services 1,836,723 Transportation Services 1,029,700 Infrastructure Services Total $3,188,624 15

17 Enterprise Funds Revenues $33,373,293 Wastewater Charges 26.6% Utility Billing Penalties 0.9% Misc Revenues 1.1% Stormwater Fees 3.4% Water Sales 68.0% 16

18 Enterprise Funds Revenue Sources The Enterprise Funds have a variety of revenue sources, the most notable of which are water sales, wastewater charges, stormwater fees, and drainage permit fees. Water sales constitute 68.0 percent of all revenue within the Enterprise Funds. Other sources of revenue that support the Enterprise Funds are taps and connect fees, solid waste collection, utility billing penalties, and interest income. Utility Fund revenues for FY are anticipated to increase over FY revenues. This increase is due to an adjustment to the utility rates effective with usage beginning October 1, Water Sales $ 22,688,000 Wastewater Charges 8,919,483 Stormwater Fees 1,118,156 Drainage Inspection Fees 65,132 Taps and Connect Fees 96,305 Solid Waste Collection 100,000 Penalties-Utility Billing 294,500 Interest Income 12,717 Other Revenue 79,000 Enterprise Fund Revenue Total $ 33,373,293 17

19 Enterprise Funds Expenditures $33,308,406 Stormwater Utility Fund- Infrastructure Services 3.3% Stormwater Utility Fund- Community Services 0.3% Utility Fund- Non- Departmental 22.6% Utility Fund- Financial Services 3.8% Utility Fund- Infrastructure Services 70.0% 18

20 Utility Fund Services Financial Services $1,258,621 The Utility Fund portion of the Financial Services Department is the principal link between the utility customer and the Town, and it consists of two divisions: Utility Billing and Meter Services. Utility Billing $ 537,923 Meter Services 720,698 Financial Services Total $1,258,621 Utility Fund Non-Departmental $7,531,667 Within the Utility Fund budget, the Non-Departmental Department provides for items such as the utility fund debt service payments. Also included in the department are any expenses that do not fall within a single department activity and that can be most efficiently handled in the aggregate for the entire Utility Fund. Utility Fund Transfer $ 1,797,836 Utility Fund Non-Departmental 401,074 Upper Trinity Regional Water District 5,000 Utility Debt Service 5,327,757 Utility Fund Non-Departmental Total $7,531,667 Infrastructure Services $23,326,363 Within the Utility Fund, the Infrastructure Services Department safeguards the health, safety, and welfare of the Town s citizens through engineeringrelated activities such as the design and review of construction drawings, monitoring of construction activities, identification and resolution of hazardous situations, and master planning and implementation of the Town s utility infrastructure systems. This department inspects all Town 19

21 capital improvement projects, as well as land development projects for commercial, residential, and institutional uses. In addition, the Public Works Division is responsible for maintaining the Town s water distribution and wastewater collection systems, the wastewater treatment plant, lift stations, and water storage and pumping facilities. These activities are achieved through the following divisions: Administration, Engineering Services, Public Works (Utility Line Maintenance and Utility Services), and Capital Improvements. The purchase of treated water is accomplished in the Utility Services division and is 66.2% of total Infrastructure Services Expenditures. Infrastructure Services Administration $ 36,976 Engineering 1,230,091 Public Works Management 338,737 Utility Line Maintenance 1,649,499 Utility Services 19,913,824 Capital Improvements 157,236 Infrastructure Services Total $23,326,363 20

22 Stormwater Utility Services Community Services $ 92,541 The Environmental Resources Division provides management and coordination of the Town s Stormwater Management Program by providing public education and training related to stormwater and water quality issues, supporting watershed protection, and monitoring initiatives through sound environmental science, resource conservation, and sustainable development and planning. Environmental Resources $ 92,541 Community Services Total $ 92,541 Infrastructure Services $1,099,214 In the Stormwater Utility Fund, the Infrastructure Services Department provides preventive and long-term maintenance of the stormwater collection system, and has the responsibility to safeguard the health, safety, and welfare of the citizens of Flower Mound through engineeringrelated involvement such as the design and review of construction drawings for land development, oversight of capital improvement projects, monitoring of construction-related activities, identification and resolution of hazardous situations, and master planning and implementation to expand the Town s stormwater drainage system. Drainage and Right-of-Way $ 883,751 Drainage Engineering 215,463 Infrastructure Services Total $ 1,099,214 21

23 Internal Service Funds Expenditures $9,442,236 Health Insurance/Flex Fund Health Insurance/Flex Fund $6,273,806 The Health Insurance/Flex Fund is used to account for the Town s health insurance program and the flexible benefit accounts for employee medical and childcare flex plans. Health Insurance/Flex $6,273,806 Fund Total $6,273,806 Vehicle, Equipment, & Technology Replacement Fund Vehicle, Equipment, & Technology Replacement Fund $3,168,430 The Vehicle, Equipment, and Technology Replacement Fund is used to set aside funds each year to ensure that vehicles, equipment, and technology are promptly replaced at the end of their useful life. Vehicle, Equipment, & Technology Replacement $3,168,430 Fund Total $3,168,430 22

24 Special Revenue Funds Expenditures $11,699,312 Special Revenue Funds account for revenue from specific taxes or other earmarked revenue sources that by law are designated to finance particular functions or activities of government and include intergovernmental revenue in the form of state and federal grant funds. Fire District- Sales Tax Fund $ 2,551,787 SAFER Grant Fund 1,929,300 4B Parks Sales Tax Fund 1,801,250 TIRZ Fund 1,674,102 Crime District- Sales Tax Fund 1,619,122 Street Maintenance Sales Tax Fund 913,625 Park Development Fund 542,027 CDBG-HUD Grant Fund 202,975 Municipal Court Technology Fund 112,834 Park & Recreation Special Activities Fund 107,950 Neighborhood Improvement Fund 75,000 Municipal Court Security Fund 57,780 Library Development Fund 31,282 Tree Preservation Fund 30,312 Animal Care Fund 20,000 Loan Star Libraries Fund 13,000 Police Seizure Fund 9,678 IRS Equitable Sharing Fund 5,088 S.T.E.P. Grant Fund 2,200 Total Expenditures $ 11,699,312 23

25 General Debt Service Fund $8,416,643 The General Debt Service Fund provides the funds necessary to retire the outstanding tax-supported bonded indebtedness of the Town. Debt in this category primarily consists of general obligation bonds (GOs) and certificates of obligation (COs) that are used to pay the cost of various public improvements such as streets, land acquisition, and the construction of facilities. Revenues are generated for the repayment of the bonds and certificates primarily through ad valorem property taxes General Debt Service Expenditures: $8,416, General Debt Service Revenues: Property Taxes Other Revenue $8,249, ,397 Interest Revenue 6,000 General Debt Services Revenues Total $8,400,925 24

26 Capital Improvement Program Expenditures $20,419,251 Water & Wastewater 66.0% Stormwater 0.7% Parks 9.1% Streets & Traffic Control 24.2% 25

27 Capital Improvement Program The Capital Improvement Program (CIP) provides funding for streets, public buildings, major equipment, land, and other capital assets that are of significant value and have a useful life of twenty years or more. The CIP of the Town is $20,419,251 which includes several projects that are currently in progress. Of this amount, 9.1 percent is for park projects, 24.2 percent is allocated for the construction and/or improvement of Town streets and traffic control devices, and 66.0 percent will be used to extend and improve the water and wastewater system. Projects in these programs include: Streets Sunrise Circle Paving Improvements Chinn Chapel Road Ph 1 (FM 407 to Waketon Rd) Street Reconstruction Colonial Drive Phase II (Colony Street to Homestead Street) Timber Creek Road Phase I (FM 1171 to Timber Creek Bridge) Wood Creek Drive (River Oaks to 155 feet west of Edgefield Trail) Signal Projects Old Sagebrush Parks Braden-Bakersfield Park Post Oak Park Park & Trail Amenity Upgrades Evening Pink Primrose Trails (Section 1 & 3) Skate Park Twin Coves Re-Opening 26

28 Water, Stormwater, and Wastewater Bakersfield Park Water Line (Garden Ridge to Duncan) Bruton Orand Elevated Storage Tank Rehabilitation Denton Creek District- Reuse Water Master Plan FM Inch Water Line Lake Forest Water Line Skillern Water Line (Flower Mound Road to River Hill) Stonehill 10 MG Ground Storage Tank Rehabilitation Timber Creek Road 20-Inch Water Line (Valley Ridge to Kirkpatrick) Valley Ridge Blvd. 20-Inch Water Line (Timber Creek to Stonehill) Waketon Elevated Storage Tank Rehabilitation Water System Leak Detection & Repair Water System Master Plan Lusk Lane Drainage Improvements Valley View Lane Drainage Improvements Bakers Branch Collector Phase I (Lexington to Gerault) Gerault Collector (Sweetwater & Gerault to Bakers Branch Collector) Inflow/Insiltration/Evaluation and Repair Town-wide Lift Station Auxiliary Power Upgrades Upper Timber Creek Interceptor Phase I Wastewater System Master Plan Wastewater Treatment Plant Rehabilitation 3 Wastewater Treatment Plant Rehabilitation 4 Wellington Interceptor 27

29 Town of Flower Mound Profile 2011 Population Estimate 64,790 Source: North Central Texas Council of Governments Square Miles 45.0 Source: Town of Flower Mound GIS Division Town Government Information Form of Government Council-Manager Number of Town Employees (FTEs excluding seasonal) Citizens Per Employee Source: Town of Flower Mound Human Resources Division Taxation Information Property Tax Rate $ per $100 Assessed Value Total Taxable Value (includes TIRZ Value) $6,897,881,880 Taxable Value Per Capita $106,465 Percent Change in Property Tax Roll From FY to FY (net of TIRZ) 1.27% Source: Denton Central Appraisal District/Tarrant Appraisal District Sales Tax Revenue (FY ) $13,381,422 Source: Town of Flower Mound Financial Services Department Town Debt Information (excludes Utility Debt) FY Bonded Debt $83,480,000 Debt Per Capita $1,288 Debt as a Percent of Tax Base 1.8% FY Projected Bonded Debt $78,460,000 Debt Per Capita $1,211 Debt as a Percent of Tax Base 1.8% Source: Town of Flower Mound Financial Services Department For additional information contact: Financial Services Department 2121 Cross Timbers Road Flower Mound, Texas

30 BUDGET-IN-BRIEF FY