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CAFR FY 1980-1981 OIity of .e;t4rrh:, Wrxun ) Comprehensive Annual Financial Report fiscal year ended September 30, 1981 I I I I I I I I I I I I I I I I I I I I I I MAYOR CITY COUNCIL CITY MANAGER CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED SEPTEMBER 30, 1981 CITY OFFICIALS Jack H 0 Stmnacki:(L~ Sl:~ (0 Jeff Duffieldi Mayor Pro-Tern Richard L~ Howe~ S"Lc Jacqueline To LaNley Earl VI 0 Sa"'yer Barbara Taylor Jimmy Gilmore OFFICIAL ISSUINC REPORT Jimmy Gilmore C i 'ty l\j,:lnage:c St:ateme:'Jt 0:[ Re'le.nu.e~ EXpenS8Go .8ud Changes in Ret.s.ln.ed EaTn1..ngs ~ ~\t'a:i:e.i:'" Ho:....k.a an.d SSHet' Bys tern Fr..:ro.c1. a, .' I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED SEPTEMBER 30, 1981 Jable of Contents )?AGE D1TROIJUCTORY SECT:WN LETrER OF TRANSHITTAL ORCp~IZATION CHf~T FINANCIAL SECTION BAsrc STATEMENTS AUDITOR 0 S REPORT COMBINED STATEMENTS ~ OVERVIEW GENERAL PURPOSE FINANCIAL STATEMENTS Combined Balance Sheet - All Fund 'Types and Account Groups 1 Combined Statement of Revenues, Expenditures and Changes in Fund Balances - All Governmental Fund Types and Expendable Trust Funds 5 Combined Statement of Revenues, Expenditures, and Change. in Fund Balances ~ Budget and Actual ~ General and Special Revenue Fund Type" 7 Statement of Cha.nges: in Fi"nanc.i8..1 po.s:U:ion ~ VJcd:e"f" B.{H;1 Seloye:r Fund 10 Notes to Financial St~temeDt8 II I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED SEPTEMBER 30, 1981 Table or Contents (continued) PAGE COi:'mINING PJ,!D INDIVIDUiLC FUND S'fATEtfi.ENTS AND ACCOUr,rr GROUPS SUPPLEHENTA:L STATEMENTS GOVERNHENTAL FUND TYPES Ceneral Fund Comparative Balance Sheet Statement of Revenues, Expenditurest and Changes in Fund Balance, - Budget and Actual 26 27 Debt Service Fund Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance .., Budget and Actual 29 30 Capital Projects Funds Combining Balance Sheet Combining Statement or Revenues;) E:-Kpendif::ure.G~ .and Ch&nges in fund Bafances " " J~ 34 FIDUCIARY FUND TYPES Trust and Age)):sy FU"i:"t.d! Combining Balance Sheet E~>:pendable Trus t Fund ~ Combining Statement of Revenues~ Expenditures and Changes in Fund Balance Agency Fund ,~ Combining Statement of Changes in Assets and Liabilities 36 38 39 ACCOUNT GROUPS General Fixed Assets Schedule of General Fixed Assets - by Function and Activity 41 General I'und Expenditure by Function - Last Tzn Fiscal YeBTa ] I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED SEPTEMBER 30, 1981 Table of ContentB ( continued) T,i\1lLE S'PA'.c:CSYICAL SEC~f:fOilJ GenEral Fund Revenue by Source - Last Ten Fiscal Years 2 PropeKty TB~ Levies Bnd CollectioDG Laat Ten fiscal YeaTS :1 Assessed and Estimated Actual Value of Taxable Property - Last Ten Fiscal Years b, Property Tax Rates - All Overlapping Governments - Last Ten Fiscal Years 5 Ratio of Net Bonded Debt to Assessed Value and Net General Bonded Debt Per Capita - Last Ten Fiscal Years 6 Overlapping Debt 7 Legal Debt Margin 8 ){E,. 1 (; of Annual Debt Service Expenditures for General , 0nded Debt to Total Gove~nmental Fund Expenditures - Last Ten Fiscal Years o - Revenue Bond Coverage l!JateT and Se\-'le.~( Bond13 - LaG t Ten pit;c&..1. Ye&l~S IO~1 Re~lern_\2 Bond Requirements and ReslI'ici:ed Funds 1O~2 IDsu~ance and Bond Coverage 1:1 Demographic Statistics - Last TeII Fiecal Years 12 Property Value ~ Cone trlic.tion~ fInd Bank Deposl ts ~~ Last Ten Fiscal Yea~s 13 Principal Taxpayers II, Miscellaneous Statistics 15 I I I I I I I I I I I I I I I I I I I I I I s l~rl:~~5:f~ 1;1,"i',,~ IT',:'fD" 'i[ @ ,~!ClfC! i~J' N1,. ~"', ,t[liJ~c,llr 1,}'~1 r ,d !Ii; I ~. ~,_" '-__' =-,,-,:,.- J ,__-_.' _ -j (~ "J-J 'j lJ r' 'J [J 'J r , )-J-; <~':Cl::>. .!L J ~.2JJ .-e:JJ --' \::::~ ?/ 1400 LIVE OAK ROAO P_O, DRAWER J SCHERTZ, TEXAS 78154 AC (512) 658.7477 ............0(1 the G,{)" >-<=~ _ ~).-..x-~<<N~ November JOs 1981 Hm1o!::'able i>'layo'.( arl.d ci.ty Cou.nci Ime:mbe:ts C?~'i::y of Sehcrl::.z ':CexaB The Compre.hensIve Annual FinancJ.BJ. Repo:r.l: of. ,the City of Sch.e:c.ts~ Texa8 Eoi' the fi.scal year ended Septembex 30~ .198} ~s BubmiU:ed heTcvtitlL Responsibility for both the aCCUlBCY of the presented data and the completeness and fairness of the Pi"esentation. including all disclosures rests with the City~ The data, 8S presented, is accurate in all material aspects. It is presented in a manner designed to set forth the financial position and results of operations of the City as measured by the financial ac ti vi ty of its various funds. All disc losures necessary to enab Ie the reader to gain the maximum understanding of the City's financial activity have been included. Accounting System and Budgetary Control The Cityfs accounting records for general governmental operations are maintained on an accrual and a modified accrual basis, with revenues being recorded when received and measurable~ and expenditures being recorded when the services or goods are recebred and the liabilities are incurred~ Accounting reco..r:ds fo'I' the Cityi r" utilities and other enteTpx"ises are maintained 00 the accrual baslso In deveJ.oping and altering the City's accounting systems consideration haa been gJ,ven to the ac1equBcy of internal accou'iTi.:ing controls" Inte'.tl1al accounting control::. have been desj.gned to p!:ovide !:ee.sonable HS8t;n:ance :regarding: the sa:f.egua:cding of assets 2.gainsi: 108:3 from r..:m&uLhorLzecl use 0:2 disposition cmd the reliability of financial records fot~ statements and maintaining accountability for preparIng assetso financial .X' I "'''I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I Page 2 - Itr to Mayor & City Council, dated November 30, 1981 The concept of reasonable assurance recognizes that: the cost of a control should not exceed the benefits likely to be derived, and the evaluation of costs and benefits requires estimates and judgments by management, All internal COfl,tt'OL eV!21uatio1l.c o GCt'i.:L" \,YJ.'chi.D. the. above fr::ame'i\1o:rk~ The CityO G J.nl:e'(Ell.6l1 8.CCOUUt.i11g cont:.l~oJ.G adequ6;'c.eJ.y BC!.feguHnf 8:8BetB~ Eil,d provide -f.'2R.Gon,Bble .zssu,rance of prOpel," 'r::'8GoJ:'dJ.ng of f~_l,l,an.cL~.l tL'a{lStcci:ion5~ Budgetary cont.1':'OJ. :l.13 l1u:LL:C1l..:ained by the use of pUy'cl:l.9.Se o'{de:r pTocecluX'es thai: :(equiee in:cumb!:"'a.n,ce or the estimated pu."rchase amounts PK'Y..OT to th,e yelease or: 9t1:L'chaG8 order8 to vendorso Open incumbrance:; are. 1.12 l' 0:;: t: 8,-]. 5:8 rese"!:'vations or fund bCl.tance ai: Se.ptember- 30 f- 19810 The Reporting Entity and Its Services The funds and entities related to the City of Schertz included in the Annual financial report are controlled by, or dependent on the, City. Determination of "controlled by, or dependent on", is based on criteria. developed by the Federal Bureau of the Census. The criteria deal with existence as an organized entity, governmental character, and substantial autonomy. Based on these criteria, the various funds and account groups (being all the fund and account groups of the City) are included in the report. The City provides the full range of municipal services contemplated by statute or charter. This includes police and fire, health, public improvements, planning and zoning and general administrataive services~ General Governmental Functions Revenues rot' general goven:l'Ll1enta.l func.tions totaIed $865~97L:. {n J.98I" aD. iile.rease or lL~.% from J.980~ !?t"ope:;::.ty ta::!:c:s p:eodt5:ced [}Oo6% of gene"i:"al t'e-ve.nues compa:ced to 3L~~9% last yeEx', The amoun"i: of ~("eve)JJ.1e8 fE.'OlU va:cJ.ous sou".rces and the L:tcrease/deercase :c~coro, laGt yea!~ 81:e shown :t:(~ the follo\'iin.g f:a.buJ.cJ.[:ion~ Revenue S.ource Aliloun t Percent of Total JI1crease (decrease) Fmm 1980 Taxes (property, sales, e tc ~ Licenses and permits Intergovernmental Revenues Charges for services Fines and forfeits Other revenues $ 545,308 12,014 62.9 1.4 $ 105,884 5,520 38,555 59,599 49,694 160,804 4.5 6.9 5.7 18.6 (15,036) 3,936 (8,361) 14,237 865,974 100% 106,180 Bonded debt $ 651,637 ,018t} ,0120% 90,98 I I I I I I I I I I I I I I I I I I I I I I Page 3 - Itr to Mayor & City Council, dated November 30, 1981 Revenue sources from intergovernmental sources were reduced drastically compared to previous years, as the grant project came to a close, and the last of the grant monies expended. The recession in construction has sloHed, and some building is again taking place accounting for the increase in licenses and permit8~ Debt Administration Th,12 l:8.f:..:io 0:( "{let bond debt to B.BseGsed valu.a.tion 2nd Lhe amount of bonded debt peT cs.pit.2J. 8.Te r,J~efu.l J rtd:i Gllf:O,-O of tl:1e Cityfo debt pOGii:ion i:o hlUn.:f.ci'pal manageraent, ci(J.zenG~ dnd lnveatot"'Go These data foy the cit.y of Sc1:-,ertz at the end of 1981 :(1",caJ yeBr 'Vle[e B3 folIm:1B ~ Amount Ratio Of Oebt To AsseBsed VaJue (65%) Of Present: llarkei: Ratio Of Debt To P7esent Harket Va.lue Debt }!eL CapIt'" Current tax collections were 96.61% of the tax levy. This is the ninth consecutive year in which current property tax collections have exceeded 96%. The ratio of total collections (current and delinquent) to the current tax levy was 96.81%. Allocations of property tax levy by purpose for 1981 and the preceding two fiscal years are as follows (amounts per $100 assessed value): Purpose 1981 1980 1979 General Fund .86 ,81 .80 General obligation debt 014 ,19 .20 Total.. tax Tate 1,00 1,00 1000 Expenditures ror general go\rernmenl:al purposes totaled $775~41.}5~ a deer'ease or 2607% f:rom 19300 ~Ch18 la.Yge decrease. 13 due mainly to reduced e.xpendii::ul~e8 in capital outlaY8" :Cncreases in levels of expendituL'es for J(/;e.jar functions of the city OV81:' th,e p.eeceding yeaie 8..t'e shm,n1 in. the following tabulation~ Increase Pe:('cent Of (Decrease) Function Amoun t Total From 1980 --~--~ General government $ 295,402 38.1% $ 41,105 Pub lic safety 231,046 29.8% 28,863 Streets and parks 98,518 12.7% 11 ,301 Health services 44,812 5.8% 3,714 Recreation 39,161 5.1% 10,288 Capital outlay 17 ,20 I 2.2 (301,448)* Debt service 49,305 6.4% (922) 775,445 100% 207,099 * The funds. large capital outlays in 1980 were Community Development Block Grant None of the funds were received in 1981. I I I I I I I I I I I I I I I I I I I I I I Page 4 - Itr to Mayor & City Council, dated November 30, 1981 The City's bond ratings are as shown: Moody's Investors Service General ObligBtioa bond. Revenue bonds Baa. Haa-,l CaB~!~a~lage:m<:-~!:..-~ Cash temporarily idle dUJ.-:,in.g the yeEt: "(.:18.6 inveGted in i.,:{me depOBy."l-,S ranging (TOiU 30 to 90 days to 'Hl6:tuTi'i::yv The inteL'est 2..s:{ned on depositB during I..:he yea!::' Y38.S $26!1292~ Thf.s 1,]8.8 $13$775 mOre inte'.(2si;: ea.i:nec1 on temporary investments than during 19800 S;~~e5 tal P):'ojecl:s Funds During the fiscal year the Community Development Block Grant prog-ram \)18.6 closed ou to The Capital Project Fund balances on hand at September 30, 1981 were represented by $49,409 in cash, including time deposits. General Fixed Assets The general fixed assets of the City are those fixed assets used in the performance of general governmental functions and exclude the fixed assets of Enterprise funds. As of September 30, 1981, the general fixed assets of the City amounted to $3,910,119. This amount represents the original cost~ or an estimate of the original cost of the assets, and is consider.aably less than their present valueo Depreciation of general fixed assets is not recognized in the Cityig accountin,g system~ Refer to note A(7) to the financL8.1 :3tatemeDts~ Vfater: and Se't^:i6t' System The CityDa issuance of new revenue bonds increased debt service Tequi -rernentsQ lVIegn\,yhite the utiLity showed a drop iI"!. fl.et revenues to below that required :fOl~ coveTage of bonded debto General1y~ the d"i'op J.IT net -revenue.s ,~e8111-c.ed fK'om increased operatLn.g expenses '(^di:::hout offset:ting IncI':e.ases in I'€YenUeso The eevenue bond debenture ag'reement requLi'es n.et revenues be at least leS times the av'erage annual debt J:equiremenL. Below \1e compared related data. for the past two fiscal years: Gross revenues Operating income (gross revenues less operating expenses) Net revenues (operating income plus depreciation less solid waste revenues) Average annual debt requirements Coverage ratio 1981 $ 579,530 85;830 142,868 108,570 1. 32 1980 $ 570,084 135,362 188,795 65,964 2.86 Page 5 - Itr to Mayor & City Council, dated November 30, 1981 During the year, $25,000 of regularly maturing revenue bonds were retired in the water and sewer fund. I ndepe~den_t_ Audi t The City Charter requires an annual audit of the hooks of account, fj~nancittl recordG and tt'ansactioos 0:( all admin:i.sr:rati."e depaJ:'tments of the ci ty by independent: ce't'tifiea public accountants selected by the City coun.ciL ThiB l.~equi~("er(len:t hat! heeD_ comp:l.led '1::11.1-':11. ana the cH..ulitor'Ja repOT:"t has been Included in this reparto AcknoNledgements I e~rL:end illY' r:hanke to' the Mayor anO: membeYG of the City Council fO!~ theiT inf:cr:e,si: s;nd 2upport in planning and conductirtg r.::he financi.9J. operations of the City in a responsible and progres81ve msnnera Respectfully submittedv /' it '\. i' __'liI,(~,,'":_j':~-',>~"-< Jimmy,iG. Imore Ci ty ~anager , (, I I I I I I I I I I I I I I I I I I I I I I ---------------------- DEPpPP1Ei'!T,~L ORGANIZATImL~L Cf-L0RT CITY OF SCHERTZ SEPTEP~BER, 1981 CITIZENS ELECT CITY COUNCIL APPOINTS I I I I I I I 'I I l'1UNIClPAL I r PLANNING i ClT1ZENS INDUSTRIAL ATTORNEY AUDITOR COURT ! ENGINEER & ZONING I ADVISORY DEVELOPl'1ENT FINANCIAL JUDGE I I COHi"lITTEE COI"'l}'iITTEE ADVISOR l COMMTSSION I , --'- ~ITY SECRETA..RYI CITY ASSISTANT (DEPUTY CITY . ~ CITY MANAGER llANAGER) ~. .~.~-~. HANAGER I APPOINTS PUBLIC, SAFETY CITY INSPECTOR COl1l1TfNITY CENTER COl'TI'iJJNITX J;:NVIRONHENT , , ,', ' I I~'" 1_~LTB~RY I HEALTH I I I 'c FIRE POLICE .'-'-1 SAFES DEPARTIfENT DEPARTMENT J < ---" 'i , CIVIL DEFENSE FINANCE DEPARTMENT -..."'.j ADMIN I & PERSO]\Jl\IEL "~"""''"'"''===U I lwiUCIPAL COURt ... tD~~~~ I J" I GENERAL r I GOVERNl'ffiNT \.1JATER & '<;FlJI'.l'I STREETS & PARKS RECREATION FACILITIES I I I I I I I I I I I I I I I I I I I I I I f~~i r.l\Hi,~ l\: 11. ""fr~~'cWfill.ii lic~~l]IfUUDBII1L ~[:I,,! " m~ MELICK & ASSOCIATES CERTIFIED PUBLIC ACCOUNTANTS 1533 PAT BOOKER RD, UNIVERSAL CITY, TEXAS 78148 (512) 658"62.29 The Honorable Mayo~ and City Council City of Schertz9 TeX3G \tJe ha"ve egamined the aecompl::1nying fin.B.ncia1. si:atemeni:s of "i:he varl..ouG funds and account groups 01: the City of ScheJ:'tz~ 'Texas" for the year ended September 30, 198:1., listed in the foregoing table of contents under the cap t i on H General Purpose Financial Statements" D Our examinations ""ere made in accordance with generally accepted auditing standards and, accordingly, included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. The City established detail fixed asset records during the fiscal year ending September 30, 1980. As described in Note A(7), an aggregate adjustment in the amount of $106,272 was required in order to bring the detail fixed asset records into agreement with the cumulative purchases reflected in the General Fixed Asset Group of Accounts. In our opinion, except for the effects on the General Fixed Asset Group of Accounts of the matters referred to in the preceeding paragraph, the 5 tat erne n t s -me n t i cned above p t' e sent fairly the financial position of the va-r.J.ou8 fundg and account gT'onps of the City or ScheLtz~ Texas at: September 303 198J~ and the result8 of ope:catioTIa of such fund.s and the changes in financial position .of the pt'op'.ciei.:.8ry ror the ji'e.flj::' then en.ded~ in conformity ';;"11 th geKl8.j:'aJ.ly .~tccepted accounting principles applied on ;:j, b8.S:lS consist.ent with that of the preceding year. Ot!".r.' ex,arnination h"'lS been made primarily for -t::he pUTpose of expI'~eGGing an opin.ion. on th.e financial statements of 'i:he :CUi1ds and &ccouIlf: gYOUpG~ each taken as a wholeo The accompanyil'lg financial in:eormai.:.ion listed as supplemental statements in the table of contents is pr.esented for analysis purposes and is not necessary for a fair presentation of the financial information referred to in the first paragraph. The information has been subjected to auditing procedures applied in the examination of the financial statements mentioned above and, in our opinion, except as referred to in the second preceding paragaraph, is fairly stated in all respects material in relation to the financial statements each taken as a whole. November 30, 1981 Yv\~ {fk.s.~~ I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I MELICK & ASSOCIA'I'ES CERTIFIED PUBLIC ACCOUNTANTS t 533 PAT BOOKER RD, UNIVERSAL CITY, TEXAS 78148 (512) 658-6229 Tbe I-JanoTa.hIe l\!iayOl-': and IlJembe"i:s of 'i.:he ci ty Cannel r City of ScheLLz~ Texas VJe h8:ve eX2.'fI1J. ned the combined financ:tHl atcd::erl1en,t8 0:( i~he City 0:2 8chet'i:z~ TeA8;B of Septembe,:' 30,. y. gal, and have issued 00:( z'epoTt. i:hel~eoj] dated Novembe'( 30 J 1981 ~ OUT examination ~'Jcl.B made ion acco'cdance v.d.th gene:i:'s.1.1y accepted auditing standards and~ accordingly~ included such te.sts of the accounting records and such othel~ auditing procedures as we considered necessary in the circum8tances~ In connection with our examination, we also (1) performed tests of compliance with the Revenue Sharing and Antirecession Acts and regulations 'as required by Sections II.C.3., and III-C.3. of the Audit Guide and Standards for Revenue Sharing and Antirecession Fiscal Assistance Fund Recipients (Guide) issued by the Office of Revenue Sharing, U. S. Department of the Treasury, and (2) compared the data on Bureau of Census Form RS-9 with the audited records of the City of Schertz, Texas as required by Section lIoC~I.~", of the HGuide"o Based on these pl:'ocedures~ we noted no instance of noncompliance with the Tcgulatiofis and no dif:cerences bet"(.:leen the data on Bureau of Census Form )18--,9 a.nd the :cecoTds of the Ci c.y of Schez'tz~ Texas fot' the yea:!. ended Septembel:' 30s 1991~ --'0,11 ,"tj~~~A, ~ A'f' ~;6~'=","",::JI"i:; , '\ City of Schertz, Texas November 30, 1981 I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 1981 COHBINED STATENE!"TS ~ OVERVIEH GENERAL )?URPOSE {I':(NANCIAL STATElYIEl\ITS CITY OF SCHERTZ, TEXAS I I I I I I I I I I I I I I I I I I I I I I COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS ASSETS C8sh Certificates of deposit Recei'vables (net ot alrm'Y2.nc8s) Taxes Accounts Notes Due from otheT' other funds Inventory of supplies, at cost Prepaid expenses Restricted assets: Cash Investments at cost Land and improvements Build i ngs Machinery and equipment Accumulated depreciation Amount available in debt service funds Amount to be provided for r.etire~ ment of general long term debt TOTAL ASSETS SEPTEMBER 30, 1981 Gene"l::'3,l $ 6791.06 102,,399 lO,()/:,9 2,9/7 369 $, 18:!_" 92"2 GoveT:nmeni:a:l. SpecJ.&l Revenu.e (Re'lentJI2 ~~~_xing) ~; 10)999 $ 10 ,t~~, ~f:'und '~Y'p~~ Debt 812 l"vj. ce ~,~ 1..:.7,,363 L.662 $ Lc2..\cQ:Q, The accompanying notes are an integral part of these statements. -1- Capitol R~~j~~t8 $ 4.99t:,09 $.__!;.5L~Ao.2> ._-_.._~_.-_._~._~ I I I I I I I I I I I I I I I I I I I I I I p'coprletett'y ~~~telC'"prise $ 28,~96 100,000 69~766 l~.O~796 7, l,9L, 4,261 686,720 35,870 33,405 2,606,109 (631,440) $..L, 981 ,L,77 CITY OF SCHERTZ, TEXAS COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS Fiduciary Trr..:ug t End . l-\g2E>~X_. $ 2,835 70,631 $___'13,466 SEPTEMBER 30, 1981 (CONTINUED) Account Gxoups General General Fi::ted L,ong~Tex.'m Assets Debt $ $ 2,564,283 845,422 500,414 49,025 6L,9, 975, t 699.000 $ 3,910.119 -2- Totals (HemoL-andum September 30" 1981 " " 109,1-<36 369~802 11,711 69~i'66 L:.03796 10,~,7J. 369 4,261 686,720 2,600,153 878,827 3,106,523 (631,440) 49,025 649,975 $ 1 ~,395 Only) ,. September 30, 1980 $ 8:; 6/.::7 id8,,379 2,384 5/,280 1-}6 ~ 909 ~,,050 12,070 7,001 551 210,758 2,600,153 878,827 2,832,033 (559,484) 44,075 ~22,925 $ 7,106,5511, CITY OF SCHERTZ, TEXAS COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS SEPTEMBER 30, 1981 Governmental Fund Types Spe c[il-~~-.--_. ------.- --- Revenue LIABILITIES Gene:;:-!::.il VoucheK8 payable $ 3~185 Accrued liabilities Ps:yable r:!..~om :('estZ'ici,.:ed assets: Ace'cued inte:cBet Reverl,ue bondB Deposi.ta Due to other taxing units Deferred revenue 10,049 Due to other funds General obligation bonds payable Revenue bonds payable Note payable Total liabilities 13,234 Fund Equity: Contributed capital Investment in general fixed assets Retained earnings Reserved fo~ revenue band retirement UnL'esel:'ved Fund balcmces Rese:cved :(01: encumberances Reserved for inventory or 3upplies U1.11x'eserved Designated :fot Designated :fOT Undesignated 2,91'7 debt serv:Lce step expenditures 2~555 16L:>~131~ Total fund equity 169,666 Total liabilities and fund balances $ 182.900 ('tleV8Kl,ue OJ- '"l-~1 '00') ,9 .1e,', <""""."01 Debt Service C@p:r.taL ,~: 0 .i~'"~_~~~ $ $ c v 1,662 1,662 1'7,363 4.9J q.09' 10,999 ~1,09 10,999 1,,7,363 __ 1,9 L",09 $ 10.999 $ 49,025 $ 49.409 The accompanying notes are an integral part of these statements. -3- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS SEPTEMBER 30, 1981 (CONTINUED) Prop t'ie t9.i~Y .~_j~l te:cpJ~ i se Fiduciary Trust and Agerl,cy Totals (Memorandum September 30, 198J. Septernbe"c 30~ 1980 Only) . -~------~ _~~count_ Gr~~~~,~~ General General Fi xed Lo:o.g-Te :();"(I. A..ssetG Debt $ 3,30 J f:' .1 $ $ $ 58$512 37 32~632 26 ~ ll}l~, {. 'I 36, 190 36 ~ 190 ~H s 851 11,111 2,381i, 0,,050 567,000 885,000 10,616 J.50,000 1,335,000 699,000 849,000 1,335,000 1,524,493 26,144 699,000 2,264,533 1,559,451 601,269 601,269 601,268 3,910,119 3,910,119 3,931,007 97,948 97,%8 97,948 97,%8 757,767 757,767 662.,252 2,977 4,576 l,7,322 l}7~363 2 s 555 --.271,864 l}3~623 3 ~ 179- 203,2Sl, 1, l,56 > 98L" 5,691 ,862 5, 5L,,7 ,107 47,322 3,910,119 $ 2.981,4"77 $ $ 3.910,119 $ $ 7.106.558 73,466 699.000 $ 7,956,395 -4- Special Revenue Revenue Sharing FUD.u I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES ALL GOVERNMENTAL TYPE FUNDS AND EXPENDABLE TRUST FUNDS FOR THE YEAR ENDED SEPTEMBER 30, 1981 G.:=neT81 Fund Re'Je:(),ues ~ 'Taxes Licenses and permits Inte~goveYnmental revenues Charges for services Fines and EOTreiLs Miscellaneous $ 5/~.5.~ 308 12,01.4 59~599 4,9,69l, JAl,850 Total revenues 808,465 Expenditures: .Current: General government Public safety Streets and parks Health Recreation Capital outlay Debt service: Principal retirement Interest and fiscal charges 295,402 230,206 97,461 44,812 39,161 17 ,201 Total expend:U:u:ceG 72A~ 243 Excess of revenues over (under) e~q)enditureB Sl" ?:[2 Of:he"j: )T:l.nancial SouLce~"~_~gl?_~~)_>~ Operating transfers in Operaling LLaUsfeYG (out) %,4,65 (77,14'0 (l,2,682) Total other financial sources (uses) Excess of revenues and other sources ~__~l,540 Fund balance - October 1 128,126 Reduction in grant Fund balances - September 30 $ 169.666 The accompanying notes are an integral part of these statements. -5- $ 38~_55.() Z,ll3Z 41 , 3.~~ 1~1::392. (53,565) (53,56~) (12,173) 23,173 $ 11 .000 I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES ALL GOVERNMENTAL TYPE FUNDS AND EXPENDABLE TRUST FUNDS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Debt Totals ~____~~~~.?_2~~~~'!~_~i:?,!.xl_> 1981 1980 SenJlce Cepita.l PToject~ Expendable T".cus'c FUr!: 0. 'C :) $ Jl~.J ~ 308 12,011" 38 ~ 555 59~599 49,694- _L~~, 801t ,. 9 1,39,1,,21, 6,494 53,591 55~663 58,055 _l46,567 $ __~,.L780 6,780 5,336 4,001 4,001 865,974 759,794 5,336 840 295,402 231,046 98,518 44,812 39,161 17,201 254,297 202,183 87,217 1,1,098 28,873 318,611,9 1,057 18,000 _~~.11~L~~5~ 18,000 31 , 305 18,000 _ 32,2.?:1 49 305 --~- .-IL5.; 1,1,5_ __ 982, 51}!:. 81,,0 1,057 ....J..42,525) (222,750) 1:-,1:.96 2 ~ 9L}/{. __.,,2,Q.,~l.9. 4,6,265 80,130 (130, 'll}) (49,982) 78,291 (81 716) __._~o~~~ 46,265 (3, [,25) 3,740 4,496 2,944 (226,175) 40,547 43,623 46,216 13,495 480,807 254,632 0,303) 49.409 0,303) $ 293.876 254.632 $ $ $ $ 47.363 16.439 -6- I I I I I I I I I I I I I I I I I I I I I II CITY OF SCHERTZ, TEXAS COMBINED STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL GENERAL AND SPECIAL REVENUE FUND TYPES FOR THE YEAR ENDED SEPTEMBER 30, 1981 Gene!~"al FUKl.d !~l_g_~~ Actu_al Va:d.an,ce Fa\iorablc-;; (Unfnvo;cable) Revenues; Total revenues $ '521,900 " .')~.5 ~ 308 $ 23,1,08 -,> 6,330 12,01/, 5,684 53,675 59,599 5,924 41,000 49,694 8,694 125,059 141,850 16,791 747,964 808,465 60,501 TaxeG Licenses and permits Inter-governmental revenue Charges for services Fines and forfeits Miscellaneous revenues Expenditures: Current: General government Public safety Streets and parks Health llecreation Capital outlay Tot.;;], expe!:':~dii1::ureB 299,317 295,402 4,833 235,623 23/",759 86L, 101,b,90 97,0,61 L',,029 0,5,000 0,4,812 188 0,0 , ILl 7 39~161 986 1 L} ~ _~_~~~ 12,648, (2,007) 736s232 no,,21>3 1I,.989 11,732 8<\.,222 72,1,90 EltCeSs of revenues over (under) expendi. tUI'8G QtheJ:_~:fIE~_.:J.Ilcing Sources CUses) ~ Operating transfers in Operating transfers (out) 50,191 (L,9, 953) 34,1,,65 (77,147) (15,726) ~27 ,J..94) (42,920) Total other financial SOurces (uses) 238 (42,682) Excess of revenues over (under) expenditures and other uses 11,970 41,540 29,570 Fund balances - October 1, 1980 133,051 128,126 (4,925) Fund balances - September 30, 1981 $ 145.021 $ 169.666 $ 24.645 The accompanying notes are an integral part of these statements -7- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMBINED STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL - GENERAL AND SPECIAL REVENUE FUND TYPES CONTINUED FOR THE YEAR ENDED SEPTEMBER 30, 1981 Special Revenue Fund -[i;venu8 Sharing -~und) Variance 'Tota18 (MeIDoraI1du~gE~ly ) Variance Favo:rable (Unfavo_l'ablel Budg~,.t, Ac'i.:u.a.l Favoicable (ynIa"oL'able) .~~~trj.ge "i': Ac[:t\8.1 $ $ .t- $ 52J,900 $ 545,308 $ 23, "08 ~ 6,330 12,01ll 5~684 "7,578 38 555 9,023 47,578 38,555 (9,023) , 53,675 59,599 5,924 41,000 49,694 8,694 2,837 2,837 172,637 144,687 19,628 47,578 41,392 (6,186) 795,542 849,857 54,315 ",7,573 ",1,392 (6,136) 299,317 295,402 4,833 235,623 234,759 86~ IOI,~,90 97 ,~,61 4,029 ~5,000 1,4,,812 188 l,O,II,7 39'~161 986 14,655 12,M8 (2,007) 736$232 7/.1<,,21,3 U,989 59~310 125~61l} 66;1304 50,191 31, ,465 (I5,726) (47,578) (53,565) (5, 91lZ) (96,531) (130,692) (33,161) (47,578) (53,565) (5,987) 47,340 (96,227) (48,887) (12,173) (12,173) 11,970 29,387 17,417 72 23 , 172 23,100 133,123 151,298 18,175 $ 72 10.999 $ 10.927 $ 145.093 $ 180.685 $ 35.592 -8- CITY OF SCHERTZ, TEXAS 1981 I I I I I I I I I I I I I I I I I I I I I I STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN RETAINED EARNINGS - PROPRIETARY FUND WATER AND SEWER FUND FOR THE YEARS ENDED SEPTEMBER 30, 1980 AND 1981 OpeTB.(~iT.lg Revenues ~ Hater charges Se'V'Jer chargeD Solid ~aste COLlection Other cha"cges Water line installation Total operating revenue Operating Expense8~ Bad debt expense Salaries Supplies Maintenance E lec trici ty Uniforms Depreciation Sewage treatment Memberships Meetings and travel Training schools Professional services Printing Equipment rental Reinlbur8emeni~ 0:[ geD.eral and administrative expenses Total operating expenses Operating income Non Operating Revenue8(Exper1,~eB).~ )~nteres f: .if/,come Interest expense and paying agent fee Total non operating revenues (expenses) Income before operating transfers Operating transfers in Operating transfers (out) Net income Retained earnings - October I Retained earnings - September 30 1980 ~ 33L:.~9L:.9 206:: 932 23,01'6 :U-~.~603 $ 3l6,,:323 192,626 I J ,j 7/1-tJ,. ,1,6,30E> 33,085 570,084 .579~53Q 728 91 ,434 15,699 11,816 34,283 1,361 80,084 185,276 45 499 500 350 I.,M,2 2,171, '71,090 8,543 14,245 34,620 386 65, 177 170,923 270 240 300 599 2,606 ~..809 1,93,700 -~. 85,830 65~j23 ~-l,,3Z, ~7TI I35,362 87,889 27,073 (97,305) (55,493) 9,L>16 (28,420) 76,414 106,942 24,292 12,702 5,191 (9,277) 19,101 3,425 95,515 110,367 662,252 551,885 $ 757.767 $ 662.252 The accompanying notes are an integral part of these statements. -9- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS STATEMENT OF CHANGES IN FINANCIAL POSITION WATER AND SEWER FUND FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 Bou!:'~~~___~_t_l~i,?~:-~~in.g Capi tal ~ Op8I'Cl.tion8 life i~ income Items not requiring Borking capieal: Depr:ec:LatLon Sale of bonds Reduction in notes receivable Inc:cease in custome}.:'" depositB Total sources of working capital Uses of Working Capital: 'Acquisition of property, plant and equipment Retirement of revenue bonds payable Acquisition of notes receivable Increase in restricted investments Total uses of ,qarking capital Net increase (decrease) in working capital Elemeilts ot Net IncTease (D~~_!_e_a~~~)_~:tn 1,i~~~!,~_g _g~i 1::&1 ~ each Investments at cost ACCOtJilt8 IC8e:ej_,vable Accounts p8.yabJ.e Net increase (decrease) in working capital 1981 $ 95!,515 _~,..o_JllJ4~ _ 1 7~~__~)_~ ~~ 625,000 6,113 -32138 $_811,0~0 $ 303,505 25,000 479,672 $ 808, l77 L.....1..JiU $ 23;;,589 (53,91n 12;;486 25,709 $~_8'13 1980 ~? 1.10~367 65,.171 _J 7 5 ~ 5/~j:. 1,538 $ 177,082 $ 104,480 25,000 22,877 24,234 $ 176,59_1 $=~~" 1,91 $ (21,825) 23 ~ 198 6,,107 (989) $<~___I,91 The accompanying notes are an integral part of these statements~ -10- -11- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 31, 1981 NOTES TO FINANCIAL STATEMENTS I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 Note A; Summary ,of Significant Accounting Policies A snmn18"t"Y or the Cityl G significant accoun.i.:tng policies applied in the preparation of the accompanying financial statements follows: l~ De_~_~Eiytion of Fun.dB The ci ty operates undet" tot Cou"lctl~Hanaget' :Corm of government 6:nd has esf.::ablj.shed 8. number oE rund8) in cotlformJ_'j,:y "(;.rith generally accepted accounting principles and with the recommendation.s of the Na.cional Council. on Cover:Ttrnental Ac C ou n f: i ng. :Cor the pl.J"t'pose of accounf:ing fOI~' 'LL'anGactJons in compliance \'lith legal :cequirementso The follo,ling types of funds and groups of accounts are used by the City in accounting for its financial activities: Governmental Funds General Fund - to account for all financial resources except those required to be accounted for in another fund or account group. Debt Se~vice Fund - to account for the accumulation of resources for, and the payment of, general long<oterm debt principal and interest~ Capital Projects Funds - to aCC01:.:mt :COt' finan.cial resoueces ~"~b~cc"~ '" I . . . C' 0 I to e useQ ror tIe acquLslton O~ constructIon 01 major capIta :EBcilitiet> (othel:' than. those finan,cad by p:cop:rietary Fund8~ Speciel A8S€S8menc. :Funds!, and 'I'nu,'C Fundi;)" " " F' J. TOY~,~_~_'::.~!Y unQs. EL1Lerpcls2. !Tu.ndc ~ 1::0 6tCCOUlD.t fOl: the 6!cquisitio!.1J opeTHt:LOt1J and maintenance of gove'cnmerd:.s.J. facilities and services supported by user charges to the publico Fiduciary Funds Trust and Agency Funds - to account for assets held by a governmental unit in a trustee capacity or as an agent for individuals, private organizations, other governmental units and/or other funds. -12- CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS I I I I I I I I I I I I I I I I I I I I I I FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Account Grouy~ (continued) :~fote A~ Summary 02 Significant.: Accounf':':lflg Pol:tcies (cantin.ued) Iv pe3cription of Funds (continued) General Fixed Assets Account Groups - to accoun~ for p:coperty and equi:p'm-ent-:-"--:C~1c\1jding constt'ucr.:loXlliJo"i'k in progreGS~ oi("hzr than that acquired f!D.d accounted fOJ..- through Enterprise and Internal Services FundsD General Long-term Debt Accounts ~ to account for the principal of outstanding bonds and general notes, except those secured by revenues of the Enterprise Funds, which are reported therein. 2. Basis of Accounting The City's annual budget is prepared on the same basis that the ci ty maintains its accounts. The modified accrual and accrual" basis of accounting, as appropriateJl are utilized in measuring financial position and operating results as follows: o 0 Governmental fund revenues and expenditures are recognized on the modified Ctcc:Lual basiso Revenues are recognized in the accoun.tJ.n,g pecLod :r:.n "t'7hieb. tlley become available and measuTableo Expenditures are recognized in the accounting period in which the fund liability is incurred, if mea.su.rable, except :(O'f THtm,a.t:u"l:ed inte1.~e8t OJ::' gene:c8J long-term debt) t'lhJ.ch is recognized \';fhen dU80 t,/{t.hiD. the goveJ:'nmen-i:.al funds; fines are the rnos'i: sign.:Lfcant 17evm.1ue '~lhieh is not: accL'uedD b ~ Pro P I' i eta l' y tu.nd revenues and expenses aTe T.ecognized on the accrual basiso Revenues are recognized in the accounting period in v7hich they are earned and become measurable; expenses are recognized in the period incurred, if measurable. Unbilled service receivables have been accrued in the proprietary fund. c. Fiduc iary fund revenues and expenses or expenditures ( as appropriate) are recognized on the basis consistent with the fund's accounting measurement objective. Expendable Trust Funds are accounted for on the modified accrual basis. Agency fund assets and liabilities are accounted for on the modified accrual basis. -13- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Note A: SumrnBry of Significant Accounting Policies (continued) 3" :r:nveG trl1ent.s The CiLY pools idle c8.G'h rKo:m aJJ. :cund,s iOt- the purpose o~: ~.rlcreasing income i:h:cough iri."Ve8tmerl;(: 8.Cl::J.V)_tLes Invecf:.:meni.:8 are carried at cost Bhich approximates market valueD ~ Gene~al Fixed Asseto Genez'al :fixed 8.S8etc .are reco'.rded as expenditu~('es in the General Fund and Capital ProjectB Fundg at -the time or purchase and at'e capitalized in the General Fixed Assets Account Group at cost. Improvements other than buIldings include roads, bridges, curbs and gutters, streets and sidewalks, and similar assets. 5. Budgets The City budgets revenues and expenditures for the General Fund, Special Revenue Fund, and Water and Sewer Fund. Budgets are adopted on an annual basis and represent the original appropriation ordinance and amendments thereto as adopted by council. Unencumbered appropriations lapse at the end of each year. 6 0 ~~l.<:umb:r:_~2!:..~_~~~~ oUE_t:..~!~g> Encumbrance accounting, under which purchase orders, contracts, and othe-f cOram:l.tn1en.ts fo!:' the e:g:pendituL:'e oE monies are recorded in orde~ to reserve that portion of the B-pplicable aPP'fop:ciation~ i5 employed c"tG an exterwion of formal budgetat'y integra.tio:!:"! In. the GeneJ:'al "Fund, Speci6~1 Re'lerJ.l1e Fun.ds, Ca.pital Projects )::'undsD A,nd Special Assessment rU}J,d8~ Bn,cumbrances oui:staIldin.g B.t year en.d ay'e J:'epOTl:ea as !':eser\lC!.r.:ioDS of fun,c1 balances since they do not constitute expenditures or liabilities~ 70 Property, Plant and Equipment The City established detail fixed asset records during the 1980 fiscal year for the first time. For approximately one-half of the assets, it was necessary for the department head to estimate the original cost, as an inordinate expenditure of time would have been required to match the particular asset with its original purchase document. -14- Water and SeHer Systems Buildings Machinery and Equipment 10-50 years 20 years 5-10 years I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Note A: Summa~~:y of Significard: Acc~~1jn._t:tng Policie~ (continued) 7~ Property~ Plant and Equipment (continued) In ye.2.t'8 peJ,OT to J.980 cu.rnu18'i::ive put'cha:S8s B2.'ic"e reflected -rn tl:1:8 genz-ral fi::red a8Be!::: g:(OUP of a.ccounts and, dona.ted a8gel~S~, Bssets taken out of service or transferred between departments W8Le 1],0i: Teflect.ed in the BCCO'i.Hl'CS" In oKdet' [:0 bZ:'Lng the cumulative balances into agreement with the physical invento'i':Y,. ita a.ggTegate adjustment in the amount of $106~27:Z l'!'a8 requi:ced foy the. yeal::' ended Septembe'f 30~ .1.9800 Depreciation is -recorded only in the proprieta.ry (Ylate'c and sewer) fundo Assets which are capitalized rather than shmm as au expense when purchased are those having a cost in excess of $100 and a useful life longer than one year. Depreciation is then the allocation of an assets's cost over its estimated useful life. Depreciation is recorded on each class of depreciable property in the proprietary fund using the straight-line method over the estimated useful lives of the assets. Estimated useful lives are as follows: 3, Interfund Transactions During the COUTS8 of nOJcfflaJ op2:z'ation5~ t'he C:i.ty has numerous transactions between funds including expenditures and t~(an8 fe"i:B 02 :te&ou:rces to pJ:ovide .s8Tv1cccs constru.ct B.ssets a.nd set"vice del)"!:" T'!:'an.8:ce'iC8 a,~>e !.~e:c:o~,,:'ded in the following manne"{ ~ a.., guas i ~E.~teYl~J:_--1'r:8.~_~8.-c t i~E~_~an~~e imbu.rsements The following types of interfund transactions do not constitute transfers~ but are accounted for as fund revenues, expenditures or expenses (as appropriate)t or adjustments thereto, in the manner specified. -15- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Note A~ Sumrnaz"y 0;( S:i.gnificanf: Accounting Po~.ic_~~r=:,~> (continued) 80 Intey-fund TransactioD6 (continued) "'" " QU.B:8i-Exte'i'nal (con t i nue-~"-'-'-~-~ Tranl3t!ctloI18 and Reimburaements (1) Quasi-External. Transactions Transactions that ,:,yould be "i::reai:cd a8 T.evenueso e:;t)JendJtu'~83" Ot' expenses i:f. they invoJ.ved o"Lg.s:nlzai:Lone B:Jlter:nal 'Co the gover:nmental un.it ~ e~g9~ payments in lieu' or taxes fl'~om an Enterpr:ise Fund to the General Fund; Internal Service Fund billings to departments; r ou tine employer contributions from the General Fund to a pension Trust Fund; and routine service charges for inspection, engineering, utilities, or similar services provided by a department financed from one fund to a department financed from another fund - are ac c ou n t e d for as revenues, expendi tures, or expenses in the funds involved. (2) Reimbursements Transactions which constitute reimbursements of a fund for expenditures or expenditures or expenses initially made from it which are properly applicable to another fund e,g., an e"pendi ture properly chargeable to a Special Revenue J}'und "Vlas :In.i.ti8J.ly made from the General FUD.d~ whJ.ch I. G subsequently r~eimburse(~ ~ al'e reco"j":'ded as e::"l:pend:ttureG DE' expen.sett (as appt'opr:ta'ce) in the 1L e im.b Dr8 Lng [UllQ a:nd 8.2 reduction.s of the expsIldi. 'i:u',(e (}',c 2.xpense in ,the :cund that j.8 J::,cim,bu:f"Gea.o b 0 'f":;: ens fe"i:'s All interfuncl f::rcttUJactloE18 excepr,:: loans 0:;:' 2dvattce8~ qu.asiuexte:cna1. transac.tions ~ and 1"eimbuY.'sement9 are transfersG The two major categories of interfund transfers are~ -16- -17- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Note fA: Summary of Signific~nt .Accom1tii1~ Policies (cont:tnued) 8~ Inter-fund :rraDsactioTIs (continued) 00 Transfers (continued) ._~~,'- ( .I. ) R e 8 :t d Ul a l_..~~ q ,]i__~_L~ T:C~~J.1.~3~ t' B :r.T on j:'8 e II t- y_" i ng 0 r nonroutine transfers of equity bet\;.yeen fundB - 8ogos cont"["ibution. or )~nteep):ige 'Pund or Internal Serl1~.ce Fund capi to.l by the CeneJ:.::d Fund), subsequent r.'etLu:n of all or part of such contribution to the Gene.ral Fu.l1d~ a.nd i.:"ransfers or: 'residual balance of discontinued funds to the GeneJ:-al l?und or a Debt Service FundQ (2) Operating Transfers All other interfund transfers - e.g., legally authorized transfers from a fund receiving revenue to the fund through which the resources are to be expended, transfers of tax revenues from a Special Revenue Fund to a Debt Service Fund, transfers from the General Fund to a Special Revenue or Capital Projects Fund, operating suhsidy transfers from the General or a Special Revenue Fund to an Enterprise Fund, and transfers from an Enterprise Fund other than payments in lieu of taxes and similar items to finance General Fund expendi tu~ces 0 9 0 "Y-~_r: a ~~?_~ .~~~I."" ~Lc.~__~~1" ThE C i t::l B..llo\'j"iii eTllp loyees to a.ccumulE.J.te \i'Ci..ca.i:ion B.nd sick le.B,ve "Hii:hJ_D. lirrlitat.:ionl3," Acc:c'u.cd.8 :(0):' these it~ert1B are not re.co:cded untll the leave ~G taken or the employee is no longet' employed b:;l the Ci'i.:yo The amount 0:1: such unused vacation a.ud aJ.ck leave .accu[(lulated at Septembe:i::' 30s 1.981 approximated ~ 16s31lo 100 InventoTY Inventory is valued at the 10Her of cost or market on the first-in, first-out basis. I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Note B: Pension Plan (continued) Substarj,'cis.l1y' ;;;1:1 e.n)pJ.oyee5 of the Cit,y .are: coveJ;~ed T)y a mon.ey-putchase pension t'cu~L Ur~del- this pL:,m~ the City contlcrbutea L~,% of ea.ch employee ~ 8 sala1.7 on a '(oOl1[:hJ.y bBSis~ 'The amount the employer contributes :1.8 v8.si.:ec1 a.s foJ.loHS fO'i:' e.mployees~ Lesa than Five Years Five Years SlX to Ten Years Eleven to Fifteen Years ~o~ 25% 5% peT yeer!:" 10% per yeal~ An employee who quits before the five year initial vesting period i.s entitled to only his own contributions, and that amount the city contri.buted is used to offset future payments. Contributions for the year ended September 30, 1981 were $ 15,874. Note C: Revenue Bonds Requirements The City of Schertz has provided for and maintained the various debt service and reserve funds as required under the City's Revenue Bonds ordinances. The issuance of new revenue bonds in 1981 increased sinking fund and reserve fund requirements. Consequently, the interest and sinking fund had a deficiency at September 30, 1981 of $ 1,158 as sho>m on page 57. The reserve fund had 8. deficielJ_cy at September 30~ 19S1 of $58, 361.l> ~lS shot?TI on p&ge 58~ Note D: Finan.cJ.8.1 Sf.:.s.i:ements )~:ot: :(ncJ.uded Fin.5:ncicd. stcd::eruenta "LLe pr'e.ser.d:ed :tOT all funds and B.ccouni: groups under control of the City. Financial statements of the Schertz Library Board are not included since this o:cganiza-c.ion is operated by 8.. sej).arate boaJ:'d \-'!hich is not under the control of city councilc Note E: Contingencies The City has received significant financial assistance from numerous federal, state and local governmental agencies in the form of grants and federal revenue sharing. The disbursement of funds r e c e ived under these programs generally requires compliance with terms and conditions specified in the grant agreements, and is subject to audit by the grantor agencies. Any disallowed claims resulting from such audits could beCOnle a liability of the General Fund or other applicable funds. However, in the opinion of management, liabilities resulting from disallowed claims, if any, will not have a material adverse effect on the City's financial position at September 30, 1981. -18- CITY OF SCHERTZ, TEXAS ReBi:~(icted I I I I I I I I I I I I I I I I I I I I I I NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Note F~ Investments InvestroentG o,.clne.d by 'J8TJ.OlJ8 ci ty funds 8.:(2 8ummccrized 2.3 foU.QT~~'8 ~ 1nte1'281: H.ete.s Schertz Bank and T~UBt Total Cost 5.25% $ 2~l Savings account Certificates of Depositi [10% below average treasury bill interest :tate] 30 day maturi ty 46 day maturity 47 day ma turi ty 271,403 580,627 100,000 First International Bank .n San Antonio Savings account 5.25% 4,023 U.S. Treasury Notes $15,000 due 2'"28-83 $10,000 due 2~15~82 $80,000 due 11~15~86 i' 3,000 due 5~15~~87 y )3.875% 6.37% 6.12% 12% Note G~ ~~n&.-T~~!!I~-<-~.~~~t. 14,976 10,000 72,500 __~~~9 ~9 2, $L056.,762 UnTeD 'C J~-ic i:ed $ 2~1 $ 271,403 340,219 240,408 100,000 4,023 14,976 10,000 72,500 .~~~__l~?J_~~, $ 7160113 $ 34.0,6L}9 , At Septembex 30~ 19819 the Cil:Y\:3 loo_g-te-tm debt. consisted. or the follouing: Range of Interest Rates General long term debt 3 5/8%-10% Water and sewer revenue bonds 4 1/2%-10% UnpaId Current Long~Term Principal Maturities Maturities .--- $ 699,000 $ 35,000 $ 664,000 1,335,000 18,000 $1,317,000 $2.034.000 $ 53.000 $1.981.000 -19- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Note G: Long~Term .Debt (continued) The changeG i:o.1 bonds payable dur~_ng f.:he ye.2,j::- ,flj,:,e GEIillTJa;cL:.ed 83 :Eollm:~7s: Iio.lanc:e Ou'c8i:E;n~ df.ng Oc t.ote,:, I 1980 Of.::i.g:tnal Amount In I:.e "(12 8 t: }lates Ne'~.)' Retire- ments Issues General Obligation 1962 Series $ 310,000 1972 Series 150,000 1975 Series 235,000 1981 Series 150,000 Totals 3 3/8% ~ 3 5/8% $ 211,000 4 1/2% - 6.3% 136,000 6.2% - 7.2% 220,000 9.37 - 10% 150,000 567,000 150,000 $ 7,000 6,000 5,000 18,000 Water and Se1;.;er 1968 Serles 1973 Se:d.eB 591,000 1:% - 5 3/"% 1:05,000 l6J~OOO 5~i5% ,~ 601% 165,000 32.'5s000 i% ~ 7075% 3)5,,000 1:75,000 9% 10% ------~ 885,000 25,000 ?O,OOO 1975- SeJ:'ies 5,000 J 981 Se:cLes 1:75,000 Totals 1:,75,000 Balance Outstanding Septerobe:c 30 ~ 1981 $ 201',000 130,000 215,000 150,000 699,000 385,000 165,000 310 ,000 1:75,000 j" 335,000 Bonded debt of the City consists of various series of General Obligation Bonds and Revenue Bonds. General Obligation Bonds are direct. obligations of the City for Hhich its full faith and credit are pledged, and are payable from taxeslevied on all. taxabale property located within the City. Revenue bonds are generally payable from pledged revenues generated by the water and sewer fund. -20- CITY OF SCHERTZ, TEXAS GENERAL BONDED DEBT SUMMARY OF DEBT SERVICE REQUIREMENTS FISCAL YEARS 1981 - 2001 Fiscal 'YeaT ~.nd i D[f Cash Requireme~ts :fnteresf: . _~RTinc}2ai 'fota.l 9~30~81 9- 30-8 ~ 9-30~83 9~30,--"8l:. 9-30,.85 9-30-86 9-30-87 9--30-88 9- 30-89 9-30-'90 9-30-91 9-30-92 9-30-93 9-30-94 9-30-95 9-30-96 9-30-97 9'-30-98 9-30-99 9-30-00 9- 30~0 I " 18,000 t, 52p369 $ 70,369 y 'I 21:,,000 1:3,802 6 i ,802 25,000 1:2,362 67,362 ~6,000 1,0,812 66,872 26,000 39,308 65~308 27 ,000 31,71,4, 6",,11,4 29,000 36,184 65,181" 29,000 34,428 63,428 35,000 32,422 67,422 35,000 30,099 65, 099 36,000 27,782 63,782 42,000 25,437 67,437 43,000 22,716 65,716 45,000 19,914 64,914 47,000 16,745 63,745 52,000 13, 168 65,168 53,000 9,293 62,293 33,000 6,381 39,381 34,000 4,,1:70 38,1:70 L,O,O.OO -2~~} L:.2,~2~ $ 699,000 $ 538,019 $)..,237,019 Tot.aJ.s -21- Outstanding P~(inc]~paJ Ba.lHn,ce I I I I I I I I I I I I I I I I I I I I I I $ 699~OOO '581,000 657,000 632,000 606,000 580,000 553,000 524,000 495,000 460,000 425,000 389,000 347,000 304,000 259,000 212,000 160,000 107,000 74,000 1,0,000 -0- I I I I I I I I I I I I I I I I I I I I I I Fiscal Yeal' ~n?t~~F!:-.& CITY OF SCHERTZ, TEXAS UTILITY SYSTEM REVENUE BONDS SUMMARY OF DEBT SERVICE REQUIREMENTS FISCAL YEARS 1981 ~ 2005 Cash Requirements :Cntei:'€:Sl: P-:(1~1-C_:~1~J, 9~30"'3J. 9'~30~82 9~30-83 9."30,81, 9~30-fJ5 9'"30~86 9-30-87 9~30-88 9-30'"89 9-30-90 9-30-91 9-30-92 9-30-93 9-30-94 9-30-95 9-30-96 9- 30-97 9-30-98 9-30-99 9-30-00 9-30-01 9~30~02 9~ 30 ~O 3 9",30,.01, 9~30-0J Tota:!.s AveT8.ge ,gnnu.al requi"lement $ 35.000 3J,000 MJ,OOO I,.] ,000 1'5,000 1,5,000 50,000 55,000 60,000 65,000 65,000 75,000 80,000 85,000 85,000 90,000 90,000 100,000 65,000 25,000 25,000 25,000 25,000 25,000 $1. 335,000 ~t 99)072 96,,785 %,~.g7 91, 7~8 88,772. 85,/98 82,822 79,035 74,898 70,472 65,598 60,922 55,480 49,528 43,212 36,688 29,707 22,798 15,100 9,250 7,400 5~550 3)700 ~.?_~~O 'U-o.llQ..~ -22- Total $ 131',072 IJl,785 )'3L:. J /.~.97 136,71,8 133,7'12 J.30,798 B2,822 134,035 134,898 135,472 130,598 135,922 135,480 134,528 128,212 126,688 119,707 122,798 80,100 34,250 32,1,00 30,550 ,28,700 26,850 $.2_i. qD._~A"_ pJi2, $,~108 ,.] 70 Outstandij}g ):rincipaJ. Balance .$ I ~ .3J5~OOO 1,300,000 .1,26:5,000 1,225,000 1,180,000 1.,135,000 1,090,000 1,040,000 985,000 925,000 860,000 795,000 720,000 640,000 555,000 470,000 380,000 290,000 190,000 125,000 100,000 75,000 50,000 25,000 ~O~ CITY OF SCHERTZ, TEXAS NOTES TO FINANCIAL STATEMENTS - ALL FUNDS AND ACCOUNTS FOR THE YEAR ENDED SEPTEMBER 30, 198! (CONTINUED) Note H: General Fixed Assets: The folIm1in.g J.B ct GUmm8J'y of chaKlgel3 in ge.ner.s.l fixed B.sse!:G~ :C,and BaJ.8.nC8S At October .'0 ~ 1980 $ 24,2,042 845,422 2,322,241 306,429 214,873 $ 3 ,931. 007 12,155 DeClue f:lOIlB Additions Buildings Improvements other than buildings $ $ 5,250 33,043 Vehic Ies 6,905 Equipment $ 33,043 $ Note I: Property, Plant and Equipment: ':Che follo'toJing is a BUrrnTIary of the property~ plant and equipment and Sewer Fund at September 30,1981~ Balances At October :I 1980 Add:L tion,,; Declue tim:l8 {,and Flno. improvements $ 35;) 870 Buildings 33,405 Machinery and equipment 2,310,731 2,380,006 311.~,218 314,218 (88,040) $ 226 ,178 $ 18,840 18 , 846 Accumulated depreciation (559,484) 16,084 $ 1,820.522 2.756 -23- Balances At Se p tembe r: 30 ~ 1981 I I I I I I I I I I I I I I I I I I I I I I $ 24,2,Ol,2 8~.5~l:.22 2,322,241 278,636 221,778 $ 3.910.119 of the 'Hate'[' :Balance8 At September 30~ 1981 35~g70 33,1:.05 _1-, 60~, 109 2,675,38l, (631,440) 2,043,944 I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 1981 C0l1BUnNG AND INDIVIDUAL FUND STA'f:<:HEN'J'S AND ACCOUNT GROUPS SUPPLEMENTAL STATEMENTS -24- CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 1981 GENERAL FUi'fD The General Fund accounts for the resources used to finance the fundamental operations of the City. It is the basic fund of the City and covers all activities for which a separate fund has not been established. -25- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS GENERAL FUND COMPARATIVE BALANCE SHEET SEPTEMBER 30, 1981 AND 1980 ASSETS Cash September 30, Sep'i.:embe"L 30, 19tH 1980 .~--------'-.-_.- ,---.-'--~-"-.--._.' " 67,106 ,. 19105 9 9 J02,399 J.39~056 i.O,01,9 J~932 I.:. ~ 050 2 s 977 1~.~576 369 '1,001 $ 182.900 $ 157.720 C8ytificates of deposit Delinquent taxes receivable Du.e from' other :funds Inventory of Bupplies9 at cost P:cepaid expenses LIABILITIES AND FUND BALANCE Liabilities Vouchers payable Accrued liahilities Deferred revenue Note payable $ 3,185 $ 17,009 37 lo.,OL>9 1,932 _~10,616 13,.23/:. 29,594 fund eqtli ty "{<'und tHJ.L~mce Reserved fOT inventory oE supplies Designated for step expenditures Unde.signz.ted 2,977 2)555 J61:, J3/:. /.:.~ 576 3, I79 ,_110..171 169,666 I 28 Lf..2.6, $ 182.900 $15'1,720 See accornmpanying notes to financial statements. -26- Variance 1981 FavoY.'abJ.e 1980 Actual (Un:cavoi'ab)e) ACtU2l --, $ ]4-:l.,~ 302 $ (3~698) 1,' 253,997 ,/ 852 2.lj2 600 130~3l:,g 18,; 3L:.g 123,751 69 D 1:.8/} 7,98L, 58,1~.88 :L822 S22 .,~ 2,.1Qil, .__..__~_"_'M_'__"_ 545,308 23, 4.g~.. .'"~!: J ?_~_~::_2 t:_ 12,011, ~,~~~~~L_~. .~_~_L4-9l:. 23,031 431 24,494 28,250 3,250 24, 199 8,318 2,243 6,970 59,599 5,924 55,663 49,694 8,694 58,055 1,800 1,800 2,582 (418) 2,651 0,000) 3,000 1.3 ~ lLd 3 ~ 193- 8,800 3,500 Li';J 75T (3,349) 3~86B 2,,970 0,030) 5~376 6 J J.29 29 6,237 26" 2.92. 12,292 12,,5)7 67,809 65, /23 50 (250) 71,,2 ~J2' 321, --2., 321" ~,853 141,850 ,~791 138,06'1 $ 808.465 $ 60.501 $ 697.703 I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS STATEMENT OF REVENUE AND OTHER SOURCES GENERAL FUND FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 T.axeG~ /I..d valoTsw, $ Tax penalty and interest CJ. r::y" B2.1eB lcu~ Utility franchise I~Ii}:~ed beverage Tot8l '[exes Liceru,es and peI:'mi (:0 Charges for servicea: S"imming pool Ambulance fees Other Total charges for Services Fines and forfeitures Other sources: Dispatch Building rental Insurance dividends CETA STEP SAFES municipal 811ppG:it'i: Retirement reveLslon cibolo Creek Municipal Authol"i ty Inte-.regt In,dilcect cont '.iCe:lrnbuJ::'s0m8lJ.'i:: Wate:c and se'wet' :fund Discounts Dona.tions Total other Sources Total revenue 1981 :Budget 3l}5~500 600 H2,000 61,500 ~?y~g-9. ~bL, 900 6,330 22,600 25,000 6,075 53,675 41,000 1,800 3,000 1,000 9 s 950 8,100 l"OOO 6,100 IIi ,000 67,809 300 9,000 -.l.22... 0 5 9 $ 747.964 -27- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL GENERAL FUND FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 (CONTINUED) 1981 Budge t 1981, Variance FaV01' ab Ie (Unfavora~le), J.980 Actu.al AC"LUEtl GeneTal Gove:C[:l'menL:~ Ci'i.:y counc i l Ci ty l'ncwsgeT }i'inance (:' 6,')800 $ 6 D 1'30 $ 70 r) 7, SH9 'f ',' 689139 68D036 103 53~7!5S 9/:,63 10,367 (904) S6~.55a 31,035 27i~81g 3,.1.57 16,391 I~O 56 6Lf 12L~ 5,700 5,J2J 379 9~Ld2 7,200 7,4),0 (210) 1,800 67,1}68 70,363 (2,895) 83,250 103,392 ~,241 __~~)l 72,761 299,317 295,402 3,915 253,474 Tin; Planning and zoning Legal Hunicipal couLl: Municipal building Miscellaneous Total general government Pub Ii c Safe ty: Police department Fire department Inspection 196,732 200,188 0,456) 179,962 24,744 23,079 1,665 26,942 14,147 11,492 2,655 10,261 _. 235L~23 231:,759 864 _,z.Q2,183 Total public safety Si:ree"l:8 and Pa'cks ~ En.gifl,eering Streets aDd parks 7s900 6,381. 1,,019 11,701}, __ 9' ~yl.;?'Q 90,580 3DOlO 37,217 lOl,I}90 97 J:.61 l~ ~ 029 93si:.08 Total streets and parks Health: An:L:nal cant'col Ambulance serVhces 13,233 J.2,201 :I. ~O32 15,356 __ 31 ,2.67 ~,-~1 ____(!\44 ) 55_,73~. 45,000 44,812 188 41,098 Total health Other: Recreation Swimming pool Library Capital outlay 25,522 14,625 14,655 24,350 1,172 21,842 14,811 (186) 7,159 12,648 2,007 56 , 545 51,809 2,993 29,001 $ 724.243 $ 11,989 $ 669,390 -28- Total other 54,802 Total expenditures $ 736.232 -29- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 1981 DEBT SERVICE FUND This fund is used to account for the accumulation of resources for and the payment of principal and interest on general long-term debt of the City. I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS DEBT SERVICE FUND BALANCE SHEET FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 Cash in bank Certificates of deposit Delinquent laxes receiv2ble Total assets Deferred revenue Ad valorem taxes Fund equity Fund balance - unreserved ASSETS DEFERRED REVENUE AND FUND EQUITY To i: a:t d8 fe cred "iC'evenu,e ana fund equ.ity -30- 198) $ L~7 J 363 1,662 $~.Q2)- $ 1,662 ~.7 ~ 363 ({, 4,9~ 1980 $ 2 l:.3~621 1"52 $,_..lt4..LQ]) $ 452 _~~'z-~_~}~ $ 4.L:,On ..'-'-~--~ --~-~- CITY OF SCHERTZ, TEXAS DEBT SERVICE FUND STATEMENT OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 19B1 1980 SOUJ:C2S O[ Financia.l Resm.JY.C8S: Revenues: Interest $__~,_L30, J 955 Total revenues $ 3.955 $ ._ 6 L780 Uses of Financial Resources: Expendi tures: Bond principle Bond interest $ 18,000 31,95<\, $ 18,000 31,035 270 Agent fees Total expenditures $ 1,9,305 $. 59-~2~Z. Excess if expenditures over revenues (L,2, 525) Other Financial Sources; Operating transfer in <\,6,265 48,261 Net increase in fund balance $ 3,740 $ 1,989 Fund balance, October 1 41,634 43,623 Fund balance, September 30 $ 47.363 $ 43.623 -31- 273 I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 1981 Cp~ITAL PROJECTS FUNDS These funds are used to account for financial resources to be used fOI~' the 8Gquisiton and construction of major capital facilities and are principally financed by capital grants, certificates of obligation and from the sale of bonds ~ -32- CITY OF SCHERTZ, TEXAS CAPITAL PROJECTS FUNDS COMBINING BALANCE SHEETS FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 P!.ssets: Cash in baJ.1k Certificates of deposit Due from federal govern- ment Total assets Fund Balances: Fund balances Re8e~ved for encum~ b")::"z.nces Urrcese"rved. Total fund balance 8 D:;:aJ_nage Xmp ".rOV8rllen t Construction :fund $ 4.9,409 $ 49.409 $ 4,9,1,,09 $~01,,09 Communi f:y Block G"(ant Fund ^ y $ " " $ -33- September 1981 $ ~.9~409 $ 49.409 ,. '1 .._49_,_1,0 9 $, 1,9,AQ2 Tot.als 30 D September 1980 $ 2,J.M, 1,4,072 $ 46.216 " y ~,J}6 $ ~.6" 2.1Q. 30~ I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS CAPITAL PROJECTS FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 HevenUEZ ~ Fede:C8.1 g:C8.nt8 Inte:rel3t Pyogram income Total revenue Expenditures: Municipal building and furniture Public works, facilities, site improvements Administration Fire truck Vlater well system Total expenditures D1~"Bj.n.8ge fmpro'vemeni.: Cons t:cuci::ton Fund " <) 5~336 _-2,336 Excess of revenueS over (under) expenditures 5~336 Other Financing UseB~ Operating transfers (out) Fund balances October I Reductions in grant Fund balances September 30 44,073 $ 49.409 COITununi ty Block GTdn,'t Fuu{l $ 840 81,0 (84,0) 2 ~ li:.3 0,303) $ -34- Se p te:D;b e J:" 1931 $ 5,336 5,336 "::",496 If6,216 0,303) $ 49.409 'fota12 30D September 1980 30, i.. " 2 ~ 864, __1.,861, 840 2,815 823 39,053 220, 23_~, 8L:.O 262,927. (260,063) 306,279 $ 46.216 I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 1981 FIDUCIARY FUND TYPf.S TRUST !\.ND AGENCY FUNDS Self Insurance Fund Th i s fund has been es tab Ii shed to record the other fund I s contributions to defray uninsured losses. Equipment Replacement Fire Truck and Ambulance Funds These funds have been established to record contributions for the replacement of major equipment items as they are retired from service. -35- CITY OF SCHERTZ, TEXAS TRUST AND AGENCY FUNDS COMBINING BALANCE SHEET FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 iml.bulance Fund Expendable Truer. Fund Self Fire Insurance Truck ASGef-:G: Cash $ " y 99 ,', ,1 Certificatem of deposit 1,1,,90 9,1,29 ~__ 6 ~_~L~~ $ $ 1,490 9.528 $ 6.911 Accounts payable $ $ $ Due to general fund Fund balance :I. ,1,,90 _~2y_?28 6,91.1 S_L..I'9g, (, 'I. 9,,5"8 $ __.=-~~__,,~9}~!' -36- ..""E'.--'...~,..- qUJ.pmenc Re p la(:e~~~~i~~, I I I I I I I I I I I I I I I I I I I I I I $ ~~)393 $ __~..lll $ 29~393 $ 290393 I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS TRUST AND AGENCY FUNDS COMBINING BALANCE SHEET FOR THE YEARS ENDED SEPTEMBER 30, 1981 AND 1980 i\gency Fund $ 2,136 ~.'!>O~ $ 26.144 $ 26,144 26" V"i, $ 26. V,I, (CONTINUED) Totalr: Septembe.t' 30 c 1981 $ 2~835 ---.ZQ., 631 $ 73.466 $ 26,14,4 26 ~ 14A l:.7~3?2 $ '73 1.:.66 -~-- -37- Septel.TIbe",i~ 30 ~ 1980 $ 1,89 25,891 $ 26.380 $ 12,491 391, J2, 855 13J95 f 26,.380 7=---====.,-, I I I I I I Assets Cash in bank I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES - ALL AGENCY FUNDS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1981 Agencv Balance Oc tober 1, 1980 Additions P ayro 11 Fund: $ $ 500,945 500.945 Liabilities Accounts payable Due to general fund 500,945 500.945 Library Fund: Assets Cash in bank Investments 197 12,012 12.209 114,595 112,620 227.215 Liabi li ties Accounts payable Due to library 227,215 227.215 12,209 12.209 Criminal Justice Planning Fund: Assets Cash in bank 4,943 4.943 Liabili ties Accounts payable Due to general fund 4,943 4.943 -39- Deductions Balance September 30, 1981 $ 500,945 500.945 $ 500,945 500.945 113,811 101,224 215.035 981 23,408 24.389 215,035 215.035 24,389 24.389 3,788 3.778 1,165 1.165 3,778 1,165 3.778 1.165 -40- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES - ALL AGENCY FUNDS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1981 (CONTINUED) -41- I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 1981 GENERAL FIXED ASSETS This account group is established to account for the fixed assets owned by the City exclusive of those relating to Proprietary Fund operations. Expenditure transactions to acquire general fixed assets occur in the General Fund, Special Revenue Funds, Capital Projects Funds and Special Assessment Fund. I I I I I I I I I I I I I I I I I I I I I I General government Public safety Police Fire Inspection Street and parks Health Animal control Ambulance Swimming pool Library CITY OF SCHERTZ, TEXAS SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY FOR THE YEAR ENDED SEPTEMBER 30, 1981 Balance October I, 1980 Additions $ $ 250 740,217 91,352 206,382 6,801 2,000 5,270 2,742,344 8,300 4,758 115,407 25,277 $ 3.931.007 $ 17.351 -43- Deletions $ 5,196 33,043 $ 38.239 Balance September 30, 1981 $ 735,271 98,153 208,382 5,270 2,717,601 4,758 115,407 25,277 $ 3.910.119 General government Public safety Police Fire Inspection Street and parks Health Animal control Ambulance Swimming pool Library CITY OF SCHERTZ, TEXAS I SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS I BY FUNCTION AND ACTIVITY FOR THE YEAR ENDED SEPTEMBER 30, 1981 I I Balance Balance October I, September 30, I 1980 Additions Deletions 1981 I $ 740,217 $ 250 $ 5,196 $ 735,271 I 91,352 6,801 98, 153 I 206,382 2,000 208,382 I 5,270 5,270 2,742,344 8,300 33,043 2,717,601 I 4,758 4,758 I 115,407 115,407 I 25 , 277 25,277 I I $ 3.931.007 $ 17 . 351 $ 38.239 $ 3.910.119 I I I I I I -43- I I I CITY OF SCHERTZ, TEXAS I SCHEDULE OF GENERAL FIXED ASSETS AND CHANGES BY FUNCTION AND ACTIVITY I FOR THE YEAR ENDED SEPTEMBER 30, 1981 I (CONTINUED) I Components of General Fixed Assets Improvements Other Than I Land Buildings Buildings Vehicles Equipment $ 36,349 ' $ 640,848 $ $ $ 58,074 I I 32,241 65,912 I 18,000 143,334 47,048 4,113 1,157 I 182,662 164,348 2,322,241 25,741 22,609 I 3,975 783 I 22,226 69,232 23,949 I 23,031 2,246 I I $ 242.042 $ 845.422 $ 2.322.241 $ 278.636 $ 221. 778 I I I I I I -44- I ST A TISTlCAl SECTION I I I I I I I I I I I I I I I I I I I I I I II I II I CITY OF SCHERTZ, TEXAS GENERAL FUND EXPENDITURE BY FUNCTION FOR LAST TEN FISCAL YEARS SEPTEMBER 30, 1981 I Fiscal I Year 1972 11973 11974 1975 11976 11977 1978 11979 11980 1981 I 1 1 I I 1 II Source: Prior year's audited financial statements. I I I General Public Streets Government Safety And Parks $ 60,664 $ 49,968 $ 8,316 64,877 79,768 26,746 78,931 96,227 109,539 65,657 119,891 71,128 85,691 160,751 73,010 129,062 166,717 99,829 138, 277 197,550 122,910 283,192 188,457 122,995 253,474 202,183 87,217 295,402 234,759 97,461 -46- Health Other - $ $ 6,495 10,535 18,679 26,936 28,287 21,281 59,282 17,751 41,098 85,546 44,812 51,809 TABLE 1 Total Expenditures $ 118,948 171,391 291,192 267,211 338,131 422,544 508,305 671,677 669,390 724,243 TABLE 2 CITY OF SCHERTZ, TEXAS GENERAL FUND REVENUE BY SOURCE FOR LAST TEN FISCAL YEARS SEPTEMBER 30, 1981 Licenses Charges Fines Fiscal and For And For- Total Year Taxes Permits Services feitures Other Revenue - - 1972 91,999 $ 12,930 $ $ 14,156 $ 39,992 $ 159,077 1973 115,786 7,936 12,761 13,791 54,297 204,571 1974 137,108 9,713 7,209 9,757 2,639 166,426 1975 195,424 6,790 4,074 14,574 83,171 304,033 1976 240,970 8,550 7,559 22,391 79,157 358,627 1977 270,407 13,615 30,326 24,570 113,778 452,696 1978 318,586 11,938 46,911 30,157 144,136 551,728 1979 404,384 11 , 364 48,311 39,447 202,018 705,524 1980 439,424 6,494 55,663 58,055 138,067 697,703 1981 545,308 12,273 59,340 49,694 141,850 808,465 Source: Prior year's audited financial statements. -47- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS PROPERTY TAX LEVIES AND COLLECTIONS LAST TEN FISCAL YEARS SEPTEMBER 30 , 1981 TABLE 3 Percent of Total Tax Out- Percent Delin- Total Co llec- stand- of Current Percent quent Tax tious ing De linquen t Fiscal Total Tax Of Levy Collec- Collec- To Delin- Taxes To Year Tax Levy Collections Collected tions tions Tax Levy Taxes Tax Levy - - 1972 $ 78,788 $ 75,225 95.5% $ 659 $ 75,884 96.3% $ 3,556 4.5% 1973 96,578 95,355 98.7% 1,881 97,236 100.7% 3,150 3.3% 1974 122,994 118,170 96.1% 1,205 119,375 97.1% 3,386 2.8% 1975 163,199 162,103 99.3% 1,590 163,693 100.3% 3,077 1.9% 1976 190,996 189,521 99.2% 1,303 190,824 99.9% 3,214 1. 7% 1977 204,034 199,876 98.0% 1,281 201,157 98.6% 5,990 2.9% 1978 229,872 228,366 99.3% 4,728 233,094 101.4% 2,748 1.2% 1979 244,187 243,451 99.7% 2,057 245,508 100.5% 1,427 .6% 1980 255,125 252,928 99.1% 1,069 253,997 99.6% 2,384 .9% 1981 353,056 341,102 96.6% 701 341,803 100.2 11,711 3.3% -48- TABLE 4 CITY OF SCHERTZ, TEXAS ASSESSED AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY LAST TEN FISCAL YEARS SEPTEMBER 30, 1981 Fiscal Estimated Levy Year Actual Assessment Assessed Tax Year Ended Values Percentage Valuations Rate Tax Levy - 1971 9-30-72 $ 15,755,532 50% $ 7,877,766 $ 1.00 $ 78,788 1972 9-30-73 19,315,690 50% 9,657,845 1.00 96,578 1973 9-30-74 24,598,854 50% 12,299,427 1.00 122,994 1974 9-30-75 32,639,736 50% 16,319,868 1.00 163,199 1975 9-30-76 38,199,112 50% 19,099,556 1.00 190,996 1976 9-30-78 40,806,822 50% 20,403,411 1.00 204,034 1977 9-30-78 45,974,450 50% 22,987,225 1.00 229,872 1978 9-30-79 48,837,400 50% 24,418,700 1.00 244,187 1979 9-30-80 51,025,000 50% 25,512,500 1.00 255,125 1980 9-30-81 54,316,242 65% 35,305,557 1.00 353,056 -49- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I TABLE 5 CITY OF SCHERTZ, TEXAS PROPERTY TAX RATES - ALL OVERLAPPING GOVERNMENTS LAST TEN FISCAL YEARS SEPTEMBER 30, 1981 1972 1973 1974 1975 1976 1977 1978 1979 1980 1091 County City School County State Road - 50% 100% 25% 25% 25% Assessment Assessment Assessment Assessment Assessment Rate* Rate* Rate Rate Rate 1.00 1.55 .80 .27 .30 1.00 1.15 .80 .22 .30 1.00 1.15 .80 .17 .30 1.00 1.15 .80 .12 .30 1.00 1.30 .80 .12 .30 1.00 1.30 .80 .10 .30 1.00 1.30 .80 .10 .30 1.00 1.30 .80 .10 .30 1.00 1.37 .80 .30 .30 1.00 1.37 .80 -0- .30 Year * All rates shown are per $100 assessed valuation -50- Fiscal Year Ended 9-30-72 9-30-73 9-30-74 9-30-75 9-30-76 9-30-77 9-30-78 9-30-79 9-30-80 9-30-81 Estimated Population 4,661 4,980 5,296 5,615 5,977 6,301 6,620 6,874 7,260 7,672 TABLE 6 I I I I I I I I I I' I .' I I I I I I I I I I CITY OF SCHERTZ, TEXAS RATIO OF NET BONDED DEBT TO ASSESSED VALUE AND NET GENERAL BONDED DEBT PER CAPITA - LAST TEN FISCAL YEARS SEPTEMBER 30, 1981 Ratio of Net General Bonded Debt Bonded Assessed Net General To Assessed Debt Per Value Bonded Debt Value Capita $ 7,877,766 $ 373,267 4.74% $ 80.08 9,657,844 428,642 4.44% 86.07 12,299,427 424,732 3.45% 80.20 16,319,868 640,926 3.93% 114.15 19,099,556 623,719 3.27% 104.35 , 20,403,411 607,190 2.98% 96.36 22,987,225 563,023 2.45% 85.05 24,418,700 543,366 2.23% 79.04 25,512,500 522,925 2.05% 72.03 35,305,557 649,975 1. 84% 84.94 -51- I I I I I I I I I I I I I I I I I I I I I I TABLE 7 CITY OF SCHERTZ, TEXAS OVERLAPPING DEBT FOR THE YEAR ENDED SEPTEMBER 30, 1981 Taxing Body * Bexar County * Bexar County Hospital District * Cibolo Creek Municipal Authority * Comal County * Comal County Flood Control Bonds * Comal Independent School District * Guadalupe County * San Antonio River Authority * Schertz-Cibolo-Universal City Independent school District Total net overlapping debt Ci ty of Schertz Percent Net Debt Over- Amount Amount As Of Lapping Overlapping $ 13,660,000 12-31-80 .001% $ 137 2,025,520 12-31-79 .001% 20 -0- 7-31-80 90.080% -0- -0- 12-31-79 0.160% -0- 529,492 12-31-79 0.160% 847 7,246,758 8-31-80 O. 240% 17,392 35,984 8-31-80 9.890% 3,559 15,367,322 2-29-80 .001% 154 5,317,418 8-31-80 51.170% 2,720,923 2,743,032 321,319 9-30-79 100.00 321,319 Total direct and overlapping debt (8.54% of assessed value - $423.02 per capita $ 3.064.351 * Source of Data - Texas Municipal Reports, City of Schertz, June 30, 1981, compiled and published by Municipal Advisory Council of Texas. -52- TABLE 8 CITY OF SCHERTZ, TEXAS LEGAL DEBT MARGIN FOR THE YEAR ENDED SEPTEMBER 30, 1981 Texas municipalities are not bound by any direct constitutional or statutory maximums as to the amount of general obligation bonds which may be issued; however, all local bonds must be submitted to and approved by the State Attorney General. It is the established practice of the Attorney General not to approve a prospective bond issue if it will result in the levy of a tax for bonded debt of over $1.00 for cities under 5,000 popuiation or $1.50 for cities over 5,000 population. -53- I I I I I I I I I I I I I I I I I I I I I I I I I I I Fiscal I Year 1972 I 1973 I 1974 1975 I 1976 I 1977 1978 I 1979 I 1980 I 1981 I I I I I I I I I TABLE 9 CITY OF SCHERTZ, TEXAS RATIO OF ANNUAL DEBT SERVICE EXPENDITURES FOR GENERAL BONDED DEBT TO TOTAL GOVERNMENTAL FUNDS EXPENDITURES -LAST TEN FISCAL YEARS FOR THE YEAR ENDED SEPTEMBER 3D, 1981 Ratio of Debt Service To Debt Service General Principal Interest Total Debt Expenditures Expenditures 5,000 9,593 14,593 118,949 12.27% 9,000 15,731 24, 7 31 171,391 14.43% 15,000 20,028 35,028 291,192 12.0% 15,000 19,323 34,323 267,211 12.8% 16,000 35,138 51,138 338,131 15.1% 16,000 34,388 50,388 422,544 12.0% 18,000 33,717 51,717 508,305 10.2% 17,000 32,827 49,827 671,677 7.4% 18,000 31,953 49,953 717,651 7.0% 18,000 31 ,035 49,035 765,113 6.4% -54- TABLE 10-1 I CITY OF SCHERTZ, TEXAS WATER AND SEWER REVENUE BONDS I LAST TEN fISCAL YEARS FOR THE YEAR ENDED SEPTEMBER 30, 1981 I Net Cash I Cash Available Fiscal Operating For Deb t I Year Revenues Expenses Service 1972 174,924 81,508 99,777 I 1973 240,844 93,741 147,103 I 1974 267,897 171,995 95,901 1975 354,273 212,248 142,025 I 1976 375,871 232,619 143,252 I 1977 418,764 248,527 170,237 1978 436,557 299,119 137,438 I 1979 460,283 331,060 129,223 I 1980 570,084 369,545 200,539 1981 579,530 413,616 165,914 I I I I I I I I I -55- I I I I I I I Debt Service Requirements Principal Interest I 35,493 I 15,000 26,975 20,000 37,317 I 20,000 36,392 I 20,000 59,255 I 20,000 58,330 20,000 57,405 I 20,000 56,480 I 25,000 55,417 25,000 81,098 I I I I I I I I I I TABLE 10-1 CITY OF SCHERTZ, TEXAS WATER AND SEWER REVENUE BONDS LAST TEN FISCAL YEARS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Number of Customers Total Coverage Water Sewer - - 35,493 2.81:1 1,700 1,640 41,975 3.50:1 1,700 1,640 57,317 1.67:1 1,783 1,723 56,392 2.52:1 1,926 1,783 79,255 1.81:1 1,933 1,805 78,330 2.17:1 2,109 1,990 77 ,405 1. 78:1 2,124 2,046 76,480 1. 68: 1 2,146 2,041 80,417 2:50:1 2,203 2,201 106,098 1: 56: 1 2,207 2,060 -56- CITY OF SCHERTZ, TEXAS WATERWORKS AND SEWER SYSTEM FUND REVENUE BOND REQUIREMENTS AND RESTRICTED FUNDS FOR THE YEAR ENDED SEPTEMBER 3D, 1981 Interest and Sinking Fund Requirement Utility System Revenue Bonds, Series 1968: Principal payment, due 9-1-82 Interest payment, due 3-1-82 utility System Revenue Bonds, Series 1973: Principal payment, due 9-1-82 Interest payment, due 3-1-82 Utility System Revenue Bonds, Series 1975: Principal payment, due 9-1-82 Interest payement, due 3-1-82 Utiltity System Revenue Bonds, Series 1981: Principal payment, due 9-1-82 Interest, payment, due 3-1-82 Investment in certificate of deposit in Schertz Bank 30 day maturity Funds available over (under) requirement Annual principal/ Semi Annual Interest 20,000 10,225 4,884 5,000 11,312 10,000 23,115 -57- Basis 1/12th 1/6th 1/6th 1/12th 1/6th 1!12th 1/6th TABLE 10-2 I I I I I I I I I I I I I I I I I I I I I I Requirement At 9-30-81 $ 1,667 1,704 814 417 1,885 833 3,853 11,173 10,015 $ 0.158) I I I I I I I I I I I I I I I I I I I I I I TABLE 10-2 CITY OF SCHERTZ, TEXAS WATERWORKS AND SEWER SYSTEM FUND REVENUE BOND REQUIREMENTS AND RESTRICTED FUNDS AVAILABLE FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Reserve Fund Requirement I 1/2 times average annual principal and interest requirement $108,570 x 1 1/2 $ 162,855 Investments (at cost) Held By First International Bank of San Antonio: U.S. Treasury Note - maturity 2-28-83 U.S. Treasury Note - maturity 2-15-82 U.S. Treasury Note - maturity 11-15-86 u.s. Treasury Note - maturity 5-15-87 Savings account $ 14,976 10,000 72,500 2,992 4,023 104,491 $ (58.364) Funds available over (under) requirement REVENUE BOND COVERAGE Deduct Average Year Operating Add Solid Was te "Net Bonded DeB t Coverage Ended Income Depreciation Revenue Revenues" R' tt Ratio - equlremen_ 1981 85,830 80,084 23,046 142,868 $ 108,570 1.32 -58- TABLE 11 I I I I I I I I I I I I I I I I I I I I I , CITY OF SCHERTZ, TEXAS INSURANCE AND BOND COVERAGE FOR THE YEAR ENDED SEPTEMBER 30, 1981 Policy: Coverage: Associated Indemnity Corporation, No. LA-297-22-73 Comprehensive Automobile Liability, $100/300,000 Bodily Injury, $50,000 Property Damage; Comprehensive, Fire, and Theft Coverage listed October 1, 1980 to October 1, 1981 Term: Policy: Coverage: Term: Texas Municipal League A0437 Workmen's Compensation October I, 1980 to October I, 1981 Policy: Coverage: American Standard Loyds, No. TMP 102-50-34 Fire and Extended Coverage, $1,236,380,80% Co-insurance, where applicable, on City Hall, Fire Station, and Police Station (including contents), Metal Buildings, Lift Stations, Water Tanks, Recreational Buildings, Council Chambers, Comfort Stations, etc. October 1, 1979 to October 1, 1982 Term: Policy: Coverage: Term: National Surety Corporation, Bond No. 516479 Public Employee's Blanket Bond, $2,500 October 1, 1979 to October 1, 1982 Policy: Coverage: Fidelity and Deposit Company of Maryland, Bond No. 9214888 Public Official Bond, City Manager and Treasurer, $20,000 September 10, 1979 - Indefinitely Policy: Coverage: Term: Fidelity and Deposit Company of Maryland, Bond No. 8943561 Public Official Bond, Tax Assessor-Collector, $10,000 April 10, 1977 - Indefinitely Policy: Coverage: Fidelity and Deposit Company of Maryland, Bond No. 8943258 Public Official Bond, City Secretary/Assistant Treasurer/ Assistant City Manager, $10,000 December 18, 1976 - Indefinitely Term: Policy: Coverage: Term: The Western Casualty and Surety Co. GP 26-654 Group Medical on Police Reserves February I, 1980 to February 1, 1981 -59- I I I I I I I I I I I I I I I I I I I I I I TABLE 10-2 CITY OF SCHERTZ, TEXAS WATERWORKS AND SEWER SYSTEM FUND REVENUE BOND REQUIREMENTS AND RESTRICTED FUNDS AVAILABLE FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Reserve Fund Requirement I 1/2 times average annual principal and interest requirement $108,570 x 1 1/2 $ 162,855 Investments (at cost) Held By First International Bank of San Antonio: U.S. Treasury Note - maturity 2-28-83 U.S. Treasury Note - maturity 2-15-82 U.S. Treasury Note - maturity 11-15-86 U.S. Treasury Note - maturity 5-15-87 Savings account $ 14,976 10,000 72,500 2,992 4,023 104,491 $ (58,364) Funds available over (under) requirement REVENUE BOND COVERAGE Deduct Average Year Operating Add Solid Waste "Net Bonded DeBt Coverage Ended Income Depreciation Revenue Revenues" R. It Ratio equlremelt.- 1981 85,830 80,084 23,046 142,868 $ 108,570 1.32 -58- I I I I I I Fiscal Popula- Year tion (I) I 1972 4,661 I 1973 4,980 1974 5,296 I 1975 5,615 11976 5,977 1977 6,301 11978 6,620 11979 6,874 1980 7,260 I 1981 7,672 I I I Sources: Per Capita Income (2) $ 2,636 3,008 5,795 6,511 6,714 TABLE 12 CITY OF SCHERTZ DEMOGRAPHIC STATISTICS LAST TEN FISCAL YEARS SEPTEMBER 30, 1981 Education Level In Years Of School Median Formal Enroll- Unemployment Age (I) ment (4) Rate (3) Rate (3) 44 10 982 5.6 44 10 1,034 5.3 44 10 1,012 5.5 46 10 1,028 7.3 44 11 1,040 7.4 42 11 1,073 6.9 42 12 1,109 6.3 41 12 1,118 5.7 41 12 1,182 6.6 40 12 1,193 5.7 (1) 1970 and 1980 Bureau of the Census Depsrtment of Planning, University of Texas I I I I I I (2) Department of Economics, University of Texas U.S. Department of Labor (Information not available for odd years) (3) Texas Employment Commission (4) Schertz-Cibolo-Universal City Independent School District -60- TABLE 13 CITY OF SCHERTZ, TEXAS PROPERTY VALUE, CONSTRUCTION, AND BANK DEPOSITS LAST TEN FISCAL YEARS FOR THE YEAR ENDED SEPTEMBER 30, 1981 Fiscal Year Commercial Construction Number Of Units Value Residential Construction Number Of Units Value 1972 7 $ 254,300 366 $ 5,247,823 1973 7 395,000 69 1,407,177 1974 7 220,214 156 2,765,194 1975 6 102,049 25 838,000 1976 12 412,925 34 874,500 1977 10 1,342,514 28 913,850 1978 6 658,025 26 1,157,700 1979 25 536,023 19 1,318,651 1980 13 338,730 15 212,845 1981 18 542,300 36 448,287 -61- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I TABLE 13 CITY OF SCHERTZ, TEXAS PROPERTY VALUE, CONSTRUCTION, AND BANK DEPOSITS LAST TEN YEARS - CONTINUED FOR THE YEAR ENDED SEPTEMBER 30, 1981 Total Bank Deposits Commercial Property Value* Residential Nontaxable $ 3,759,000 $ 2,532,920 $ 18,469,005 $ 1,650,115 4,657,000 4,267,520 26,743,378 1,710,500 5,864,000 4,395,008 28,543,378 2,105,700 7,001,000 4,881,008 33,511,836 2,105,700 8,176,000 5,113,560 39,041,471 2,600,210 9,306,000 6,337,357 40,943,855 3,410,500 10,805,000 6,410,141 43,845,145, 3,410,500 11,934,000 6,633,643 46,019,088 3,485,200 14,642,000 7,061,640 48,148,602 3,505,100 19,047,000 11,139,943 48,800,602 3,710,200 Sources: City Building Inspection Records City Tax Records S. W. T. Research Center * Estimated actual value -62- TABLE 14 CITY OF SCHERTZ, TEXAS PRINCIPAL TAXPAYERS FOR THE YEAR ENDED SEPTEMBER 30, 1981 Percentage 1981 of Total Assessed Assessed Taxpayer Type of Business Valuation Valuation Monotech corporation Steel fabrication $ 3,276,313 9.28% P leas Naylor Industrial property 717,179 2.03% Schertz State Bank Bank 428,874 1. 21% Val Verde Apartments Apartments 404,438 1.15% San Antonio Machine Commercial 297,062 .84% Kinzel Enterprises Retirement Lodge 280,250 .79% Rio Vista Apartments Apartments 248,264 .70% Riedels, Inc. Commercialtility 215,025 .61% Guadalupe Valley Electric Co-Op Electric Utility 198,618 .56% Wuest's Oak Park Grocery Chain 198,429 .56% Kinzel Enterprises Retirement lodge 90,125 .26% Schaefer Contracting Commercial 82,865 .23% $ 6.437.442 18 . 22% -63- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS MISCELLANEOUS STATISTICS FOR THE YEAR ENDED SEPTEMBER 30, 1981 Date of Incorporation: Date First Charter Adopted: Date Present Charter Adopted: Form of Government: Area - Square Miles: 1981 1980 1970 1960 1950 Miles of Streets and Alleys: Streets, paved Streets, unpaved Alleys Sidewalks Miles of Sewer: Storm S ani tary Building Permits: 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 Fire Protection: Number of stations Number of employees Number of volunteers Permits Issued 186 181 173 204 205 205 181 397 353 380 -64- TABLE 15 1958 April 1974 Amended April 1979 Council-Manager 10.07 8.99 2.39 .80 .80 44 mi les 12 miles 11. 6 miles 3.8 miles 1 mile 24.52 miles Value of Buildings $ 1,444,500 725,997 2,057,214 2,164,972 3,385,380 1,358,938 1,176,217 3,295,808 2,094,523 5,543,133 1 2 38 CITY OF SCHERTZ, TEXAS MISCELLANEOUS STATISTICS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Police Protection: Number of employees Number of law violations: Traffic Other Jail Vehicular patrol units Recreation: Parks Number of acres of parks Playgrounds Swimming pools Other recreational facilities: Baseball fields Large pavilion Small pavilion picnic tables: Covered Uncovered Rest rooms: Male Female Concession stands Community center TABLE 15 I I I I I I I I I I I I I I I I I I I I I I 15 1,936 248 o 6 4 64 1 1 4 10,000 sq. ft. covered 600 sq. ft. covered Source: City of Schertz records Education: Number of schools Samuel Clemens High School Administrative personnel Teachers Students Average daily attendance O'Henry Middle School Administrative personnel Teachers Students Average daily attendance Schertz Elementary School Administrative personnel Teachers Students Average daily attendance Source: Schertz-Cibolo-Universal City Independent School District -65- 6 22 4 4 1 1 3 14 67 1,225 1,168 5 23 408 391 3 27 544 527 I I I I I I I I I I I I I I I I I I I I I I TABLE 15 CITY OF SCHERTZ, TEXAS MISCELLANEOUS STATISTICS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) City Employees: 30 September 1981 41 Elections: Number of registered voters Number of votes in: Last general election Last municipal election Percentage of registered voters voting in: Last general election Last municipal election 3,283 662 582 20% 18% Source: County and municipal election records population: Census population count 1980 1970 1960 1950 1940 1930 Age distribution: 7,260 4,061 2,281 1,200 600 350 1970 1960 1950 10.3 12.2 12.8 24.0 26.3 26.7 18.0 19.1 20.9 27.4 25.0 25.3 11.6 9.3 7.1 8.6 8.1 7.2 1980 Under 5 5-14 15-24 25-44 45-60 60 + 8.4 21.4 17 .3 29.1 15.3 9.5 Source: 1980 Census and Economic Research Associates Current population estimate 9,180 Source: Texas Industrial Commission -66- TABLE 15 I I I I I I I I I I I I I I I I I I I I I I CITY OF SCHERTZ, TEXAS MISCELLANEOUS STATISTICS FOR THE YEAR ENDED SEPTEMBER 30, 1981 (CONTINUED) Retail Sales: 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 $ 13,295,400 12,622,600 10,790,600 9,368,000 7,378,700 7,012,700 4,412,300 4,080,000 3,774,000 3,570,000 Source: State Comptroller Per Capita Income: 1980 1978 1976 1974 1972 1970 $ 6,714 6,511 5,795 3,008 2,639 2,295 Source: u.S. Bureau of Economic Analysis -67-