2016 Budget Presentation Overview & Tax RateProposed Budget FY 2015-16
FY 2015-16 Proposed Budget
Budget Goals:
Balanced Structurally
Conservative and Responsible
Follows Financial Policies
Maintains Current Service Levels
Focuses on Priorities
2FY 2015-16 Proposed Budget
Management Practices
Focus on priorities
Maintain Appropriate Fund Balance
Team Input
Departments, Council, and Citizens
Forward Looking
Planning for Future Revenues & Expenses
Consider Project schedules
5 Year Forecast
Long Term Debt Model
3FY 2015-16 Proposed Budget
Key City 5 Year Goals 2015
Building Repairs
Fire Station 3
Compensation Study
Bond Election
Strategic Staffing Levels
Focus on Completing Existing Programs
Maintain Reserves
4FY 2015-16 Proposed Budget
Budget Highlights
Classification & Compensation Study
Firefighter Ramp Up Program
Fire Apparatus (Debt Service)
First Year Use of Vehicle Replacement Fund
Affecting General Services, Marshals, Streets,
Parks, and Animal Services
Southeast Water Storage Tank and
Distribution Lines
Additional Sewer Lines and Lift Station
5FY 2015-16 Proposed Budget
Upcoming Capital Projects
$15 Million in the upcoming bond election
Fire Station #3
FM Road Improvements
Additional $10 Million to be Issued by
Council
Other Roadway and Infrastructure
Maintenance
6FY 2015-16 Proposed Budget
All Funds -Revenues
General
Fund
36%
Water &
Sewer Fund
26%
EMS Fund
11%
I&S Fund
8%
General Fund
Water & Sewer Fund
Capital Recovery
Drainage
EMS Fund
Other
SEDC
I&S Fund
General Fund $26,559,477
Special Events Fund 131,800
PEG Fund 252,500
Water & Sewer Fund 18,902,115
EMS Fund 7,744,797
Drainage Fund 1,380,620
Hotel Tax 593,277
Park Fund 111,229
Tree Mitigation 40,250
Capital Recovery Water 3,477,141
Capital Recovery Sewer 3,643,712
I&S Fund 6,091,375
Other Funds 355,390
SEDC 3,528,562
Grand Total $72,812,245
7FY 2015-16 Proposed Budget
All Funds -Expenses
General
Fund
37%
W&S Fund
27%
EMS Fund
11%
I&S Fund
8%
Budget
General Fund
W&S Fund
Capital Recovery
Drainage
EMS Fund
Other
SEDC
I&S Fund
General Fund $26,171,017
Special Events Fund 131,800
PEG Fund 252,500
Water & Sewer Fund 18,855,871
EMS Fund 7,558,451
Drainage Fund 1,220,951
Hotel Tax 259,330
Park Fund 34,800
Tree Mitigation 27,000
Capital Recovery Water 3,477,141
Capital Recovery Sewer 3,643,712
I&S Fund 5,821,418
Other Funds 327,990
SEDC 2,659,502
Grand Total $70,441,483
8FY 2015-16 Proposed Budget
General Fund
Revenues $26,559,477
Expenditures 26,171,017
Increase of Fund Balance 388,460
Beginning Fund Balance 6,911,098
Use of Vehicle Replacement -241,088
Ending Fund Balance 7,058,470
25% Reserve Policy $6,501,138
9FY 2015-16 Proposed Budget
M&O $0.3159
Total Change in Expenditures
$150,000 New Employees
$380,400 Large Expanded Programs (over 10,000)
$600,000 Act on Compensation Study
$329,600 Continue Existing Staffing Levels & Programs
$1,460,000 Total Increase
$389,000 Reserve Funding
10FY 2015-16 Proposed Budget
2015 -5 Year Forecast
FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
Revenue $25,297,719 $26,559,477 $27,576,055 $28,605,522 $29,644,059 $30,731,548
Expense $(24,668,799)$(26,171,071)$(27,549,143)$(28,547,611)$(29,793,283)$(30,529,331)
Reserve
Funding $628,920 $147,372 $26,911 $57,912 $(149,224)$202,217
M&O Fund
Balance $6,911,098 $7,058,470 $7,092,028 $7,149,939 $7,000,716 $7,202,933
25% Goal $6,077,050 $6,501,138 $6,868,536 $7,136,903 $7,448,321 $7,632,333
Over/Under $834,049 $557,332 $216,846 $6,391 $(454,251)$(436,046)
11FY 2015-16 Proposed Budget
5 Year Model Input
Expenses
Operational costs are grown at rates based on a
prior 3 years average
Includes following programs:
Funding for the SCBA’s replacement
Aquatic Center Operations
12 Firefighters for new Station
Estimates on the Compensation Study Action
Continued Merit program throughout all years
Between 3 and 5 additional employees (not including
Firefighters) each year
12FY 2015-16 Proposed Budget
5 Year Summary –I&S Fund
At I&S Rate of $0.1752:
Includes $15 million bond package from elections
in 2015
Includes additional CO Bonds for Infrastructure
The lowest fund balance is $149,811 in FY 2017-
18
Rate could fluctuate based on the actual growth of
the tax base and the results from the bond
election but at a reduced rate due to the model
13FY 2015-16 Proposed Budget
Change Memo 3
Updated C&C Implementation for
Evergreen’s revisions
Removed revenue for Food Handler
Permits
Added Certification Pay in Planning &
Zoning
14FY 2015-16 Proposed Budget
Change Memo 3
Zero impact of proposed changes due to:
Increased revenue projections for Mix Beverage Tax and
Community Center Rental
City Manager’s Office personnel budget will be reduced to
account for employees not taking insurance and the removal of
vehicle allowance for the Executive Director Operations
Based on historic trends the following items will be reduced:
Non-Departmental State/County Administrative Fees and Audit
Consulting
Engineering: Outside engineering services
Animal Services: electricity utility
Finance: training and travel
15FY 2015-16 Proposed Budget
Proposed Budget FY 2015-16
FY 2015-16 Proposed Tax Rate
2015 Property Taxes
0.00
0.50
1.00
1.50
2.00
2.50
3.00
Guadalupe Comal Bexar
SA River Auth
Univ Health System
Road
College
County
School
City of Schertz
18FY 2015-16 Proposed Budget
Tax Rate
Effective:The tax rate which, on average, will
keep the tax bill the same as in 2013.
Rollback:The rate if exceeded allows citizens to
initiate a rollback election. The results of
this election can reduce the adopted tax
rate back to the rollback rate.
Current:The rate currently adopted by the City.
Proposed Max:The maximum rate set at which the final
adopted rate cannot exceed.
19FY 2015-16 Proposed Budget
Tax Rate
Effective:$0.4664
Rollback:$0.4912
Current:$0.4974
Proposed Max:$0.4911
$0.01 is equal to $302,980 revenue or $18.53 on
the average home
Proposed budget is
balanced at this rate
20FY 2015-16 Proposed Budget
Target Tax Rate
Tax
Rate
Current Proposed
Maximum
M&O $0.3164 $0.3159 For day to day
operations
I&S $0.1810 $0.1752 To pay the
City’s debt
Total $0.4974 $0.4911
21FY 2015-16 Proposed Budget
FY 2015-16 City Tax Rate
At $0.4911
2014 Tax Bill = $866.47 Avg Home Value $174,200
2015 Tax Bill = $909.52 Avg Home Value $185,200
Increase = $ 43.05
2014 Tax Bill = $497.40 Home Value of $100,000
2015 Tax Bill = $491.10 Home Value of $100,000
Decrease = $ -6.30
22FY 2015-16 Proposed Budget
Historic Tax Rates –Total
M&O
0.3106
M&O
0.3345 M&O
0.259
M&O
0.259
M&O
0.259
M&O
0.2842
M&O
0.2993
M&O
0.2993
M&O
0.2993
M&O
0.3164
M&O
0.3159
I&S
0.0871
I&S
0.0972
I&S0.15 I&S0.15 I&S0.15
I&S
0.15
I&S
0.15
I&S
0.185
I&S
0.2006
I&S0.181 I&S
0.1752
0.0000
0.1000
0.2000
0.3000
0.4000
0.5000
0.6000
.3977 .4317 .4090 .4090 .4090 .4342 .4493
.4843 .4999 .4974
23FY 2015-16 Proposed Budget
.4911
Budget Calendar FY 2015-16
September 1 Third Public Hearing, Second Vote
October 1 Budget goes into effect
24FY 2015-16 Proposed Budget
FY 2015-16 Proposed Tax Rate