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2019 Budget & Tax Rate Presentation 8-14lir III li� �Zli'lll will Proposed Budget FY 2018-1 1.5 FY 2018-19 Proposed Budget Budget Goals: Balanced Structurally * Responsible * Follows Financial Policies • Provides Appropriate Levels of Servica • Focuses on Priorities COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEICIZ I OPPORTUNITY Management K9 EM 0 Forward Lookinq *Planning for Future Revenues & Expenses *Consider Project schedules 05 Year Forecast *Long Term -• ••• COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHHER117 I OPPORTUNITY ZW�mlty 5 Year Goals 201� * Building Repairs * Fire Station 3 Compensation St Bond Electi • Strategic Staffing Levels • Focus on Completing Existing Programs 11 Maintain COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEICII I OPPORTUNITY 2018 Equivalent Taxable Value 2018 New Taxable Development 2018 Adjusted Taxable Value Difference between Adjusted Taxable Values COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEIC17 I OPPORTUNITY $3,413,283,122 $3,435,808,303 ' ' ili i• $132,525,664 AN Effective: The tax rate which, on average, will keep the tax bill the same as the year prior. 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. fr-1 COMMUNITY SERVICE FY 2018-19 Proposed Budget n)(CHHER117 I OPPORTUNITY AN Effective: Rollback: Current: Proposed Max: $0n4892 $0m5146 $0.01 is equal to $354,580 revenue or $22.17 on the average home COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHILICIZ I OPPORTUNITY • '• I &S $0.1662 Total $0.4910 '(Tf =, t f III t i $0.3497 For day to day tperations To pay the City's debt COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHER117 I OPPORTUNITY j �,i��l �I� � �� Elul► { � �ql I�IIII�. i � 111 1 11 1 111 1 11 1 111 0.1500 1 111 1 1 11 1 1111 lb 01 oRo oob N� NN �� N"b N�` Nh Nlb NA Nob t0 (0 (e ee ep e0 e0 ep efs e0 ef� ep ep COMMUNITY FY 2018 -19 Proposed Budget I OPPORTUNITY - i 111 l f' 1111 111 1 i i i i 1111 0.2006 0.185 0.181 -- - - - - -- -- - - - - -- --- - - - - -- -- - - - - -- -- - - - - -- --- - - - - -- -- - - - - -- 0. 752 0.1743 0.1662 0.1649 0.15 0.15 0.15 0.15 0.15 m.- o� �� NN Nti Nlb Nt` Rl �11O N1 Nob Y� tv A� n0 Af, COMMUNITY FY 2018 -19 Proposed Budget I SERVICE 1 Dili 1 11i 1 111' 1 111 1 1111 100 O°b NO 0 Nlb Nt` Nh X11° �� O eO eO �O (p rO �O COMMUNITY FY 2018 -19 Proposed Budget I SERVICE FY 2018-19 CmltNlf Tax Rate Existing Residents Average Tax Bill 1 $1,040 ' • Home Value ' /i 2018 Tax Bill = $1,140 Avg Home Value $221,700 Increase i1 This represents e • _ taxable value, includes which new construction. COMMUNITY FY 1 OPPORTUNITY . FY 2018-19 CmltNlf Tax Rate Existing Residents Average Tax Bill 2017 Tax Bill = $1,040 Avg Home Value $211,800 i $1,085 ' • Home Value $221,700 s 1► COMMUNITY SERVICE FY i Proposed i OPPORTUNITY 2.u17 Property Taxel 3.00 2.50 M IR 1.50 1.00 AIM � m 0 11 .' Af-% COMMUNITY SERVICE FY 2018-19 Proposed Budget NCHEIC17 I OPPORTUNITY o SA River Auth Univ Health System Road College County El School o City of Schertz i Final Adjustment or Previous Recommendation Compensation Only St COMMUNITY SERVICE FY 2018-19 Proposed Budget OPPORTUNITY 0 1 Student Resource Officer 02 Building 0 1 HVAC Technician COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEICIZ I OPPORTUNITY Funded Current Rate $0.4910 COMMUNITY SERVICE FY 2018-19 Proposed Budget OPPORTUNITY Funded Rollback Rate $0.5146 COMMUNITY SERVICE FY 2018-19 Proposed Budget OPPORTUNITY No UO""ost New Programl COMMUNITY FY i Proposed Budget OPPORTUNITY lim"I MR31 r Ah i r i Illo _ • These are 2 of the top community priorities addressed in this budget OMMUNITY ERVICE FY 2018-19 Proposed Budget N(CHHEAU17 I iPPORTUNITY Property Taxes $ 13,222,952 Sales Taxes 81252,000 Fund Transfers 21827,890 Franchises 21373,687 Fees /Fines /Other 1,910,023 Tax Permits & Licenses 11661,080 Inter - Jurisdictional 967,008 Miscellaneous 6564550 Total Revenues $31,871,190 COMMUNITY SERVICE FY 2018-19 Proposed Budget OPPORTUNITY COMMUNITY FY i Proposed i OPPORTUNITY General Expenses General Government $ 6,757,496 Internal Service 61226,120 Police 81355,808 Fire Rescue 51261,613 Inspections 895,579 Streets 114741297 Parks & Recreation 2,668,513 Library 967,904 Health Services 500,269 City Assistance /Misc 3724666 Total Expenses $33,480,265 COMMUNITY SERVICE SCHIERTZ I OPPORTUNITY k.,ity Budgets General Fun4 40,000,000 35,000,000 30,000,000 25,000,000 20, 00,00 15,000,000 10,000,000 5,000,000 0 Final 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Proposed COMMUNITY FY 2018 -19 Proposed Budget SERVIE SCHHERTZ I R UNIT 800 700 600 500 400 300 200 100 0 Revenue Per Capita Expenditures Per Capita COMMUNITY' SERVICE FY 2018 -19 Proposed Budget I OPPORTUNITY Revenues from taxes, flees, and service contracts Transfer from Fund Balance Total Revenues Total Expenditures Beginning Fund Balance Change in Fund Balancs Ending Fund Balance 26% Reserve Policy $3 1,871, 190 •1. 1 33,480,265 33,480,265 IVA ii .. .i• i 1'• •i :i i � ff--i COMMUNITY SERVICE FY 2018-19 Proposed Budget OPPORTUNITY 0 Proposed Budget assumes a 26% Fund 'W', w,alance requirement 0 Choices .. budget reduce the fund balance to 26% by FY 2022 COMMUNITY SERVICE FY 2018-19 Proposed Budget OPPORTUNITY $265,000 Acton Compensation Study $42,000 • •- • Only • i Additional Maintenance Funding 63,500 HVAC Technician • - rf*") COMMUNITY SERVICE FY 2018-19 Proposed Budget :MCHHEIR117 I OPPORTUNITY $150,000 Fire —Brush Truck $29,000 Streets — Forklift $98,000 Parks — Bucket Truck $9,000 Facilities -Lift 111 Fleet — Commercial Expense $28,546,612 $31,354,058 $311466,081 $32,519,614 $33,073,580 $34,220,696 tr"l COMMUNITY n)(CHER117 SERVICE FY 2018-19 Proposed Budget Expense $30,683,812 $33,374,765 $33,657,698 $34,837,031 $34,947,906 $36,053,436 SERVICE COMMUNITY FY 2018-19 Proposed Budget OPPORTUNITY 5 Year Model Input oil *Taxes growth between % to +fir • based recent historical i e +/ i s and estimated population growth *Tax Rate estimate held at $0.3497 for the Proposed Budget through FY 2023 COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEIC17 I OPPORTUNITY 5 Year Model Input *Operational • are grown at . based on Includes prior 3 years average • • programs: Continued Merit program i • all e. Between 2 . • 5 additional em• i - each te COMMUNITY SERVICE FY 2018-19 Proposed Budget SCREW[! I OPPORTUNITY Long Term Debt Mode,,, * For AS Fund avoid * Purpose: 0 To 1 e tax increase 1- • i ,. • • ,. i AM COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHERTZ I OPPORTUNITY 5 Year Summary — I&S Fund D • 41 i • i• ��, • i• i .• • i i • Includes additional Bonds for * The lowest fund balance is $367,294 in FY 2021 ..' could fluctuate based actual growth of i tax base and the results from bond 1111pliq 11111111111i � 1; COMMUNITY SERVICE FY • • Proposed Budget OPPORTUNITY Graph Service i{{ i ! MUM 2018 2019 2020 2021 2022 2023 2024 Revenues from fees ani service contracts Total Expenditures Beginning Fund Equity Change in Fund Equity Ending • Equity ,V,1069,371 7 5 514 9 V, 81824,869 COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEACIZ I OPPORTUNITY 0 Sewer Treatment Costs increased 7% plus i•i . i �r� �� Includes Dump Truck, portable generator, . • COMMUNITY FY 2018-19 ' ••• -• Budget SERVICE 0 Upcoming Projects Include *Replace South Zone Water Supply Mair. $2001000 *Homestead Lift Station $125,000 E Expected Funding Source: Reserves COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHtE11U[7 I OPPORTUNITY Revenues from fees and service contracts Total Expenditures Beginning Fund Equity Change in Fund Equity Ending • Equity . . 1 COMMUNITY 0 SERVICE FY 2018-19 Proposed Budget SCHEICIZ I OPPORTUNITY 0 Merit Raises Part MUEU�,' apital Purchases in FY 2019 IlAdding a 4thParamedic to Medic savings) ambulance (cost neutral with overtime COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEWII I OPPORTUNITY contracts U10111dYnt: Fulld Revenues from fees and service • •- • Beginning Fund Equity Change in Fund Equity Ending Fund Equity $1,238,300 I . • 269,161 75,742 344,903 COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHERYZ I OPPORTUNITY mmfta MIS Fund 0 Drainage i Maintenance *Continue Projects Approved in FY 2018-19#J *De silting of Dietz -- *Riprap Projects COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHEWII I OPPORTUNITY Econom'lc Developmen) Revenues from fees and service contracts • D Ift In In Total Expenditures Beginning Fund Equity Change in Fund Equity Ending Fund Equity 474f 164 16,952,944 (474,164) 16,478,780 COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHER117 I OPPORTUNITY Econom'lc Development EApproved Incentives $4,025,000 i 0 " r" 0 0 11 IM COMMUNITY SERVICE FY 2018-19 Proposed Budget SCHUFAC[7 I OPPORTUNITY All Funds - Expenses General Fund Special Events Fund I &S Fund Water & Sewer Fund Capital Recovery Water Capital Recovery Sewer Drainage Fund EMS Fund SEDC Special Revenue Funds Grand Total $33,480,265 171,010 6,653,723 24,435,188 256,000 .1 11 1,162,559 9,235,636 4,974,744 670f :: ►.: 11 1 Budget COMMUNITY SERVICE FY 2018-19 Proposed Budget 'n`-)'CHtE1tC1Z I OPPORTUNITY Im General Fund o W &S Fund Capital Recovery o Drainage EMS Fund Special Revenue SEDC ® I &S Fund HnumblEic atilearning o t. lIl E August 28th 3 201 R: FM September 4th,2018 COMMUNITY SIERVICE FY i Proposed Budget SC]Ht]E]Rlfl I OPPOR Arm % yct U'alendar FY 2018 August 8 File with City Secretary August 14 Budget Workshop, set the preliminary tax rate, and schedule public hearings August 16 First Community Budget Presentation — Corbett Middl School i August 22 Second Community Budget Presentation — North Community Center August 23 Third Community Budget Presentation — Schertz United Methodist Church August 28 First Public Hearing September 4 Second Public Hearing, First Vote September 11 Second Vote lir III li� �Zli'lll will Proposed Budget FY 2017-1 *'W