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HomeMy WebLinkAbout09-22-14 TC Agenda PacketThe Regular Meeting of the Town of Westlake Town Council will begin immediately following the conclusion of the Town Council Workshop but not prior to the posted start time. Mission Statement Westlake is a unique community blending preservation of our natural environment and viewscapes, while serving our residents and businesses with superior municipal and academic services that are accessible, efficient, cost-effective, and transparent. Westlake, Texas – “One-of-a-kind community; natural oasis – providing an exceptional level of service.” Page 1 of 5 TOWN OF WESTLAKE, TEXAS Vision Statement An oasis of natural beauty that maintains our open spaces in balance with distinctive development, trails, and quality of life amenities amidst an ever expanding urban landscape. TOWN COUNCIL MEETING AGENDA September 22, 2014 WESTLAKE TOWN HALL 3 VILLAGE CIRCLE, 2ND FLOOR WESTLAKE, TX 76262 COUNCIL CHAMBERS Workshop Session: 5:00 p.m. Regular Session: 6:30 p.m. Page 2 of 5 Work Session 1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. REVIEW OF CONSENT AGENDA ITEMS FOR THE SEPTEMBER 22, 2014, TOWN COUNCIL REGULAR MEETING AGENDA. (10 min) 4. EXECUTIVE SESSION The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager 5. RECONVENE MEETING 6. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS. 7. DISCUSSION ITEMS a. Discussion regarding Amending Westlake Drought Contingency, Water Conservation, and Landscape Ordinances. (10 min) b. Discussion regarding the current and proposed Economic Incentive Agreement with the Marriott Solana. (15 min) c. Standing Item: Update and discussion regarding the Granada and Entrada Developments including the Entrada Public Improvement District (PID). (15 min) d. Standing Item: Update and discussion regarding Westlake Academy Phase I expansion project and enrollment projections. (15 min) e. Discussion Regarding Various Advisory Boards and the Number of Auxiliary Boards. (20 min) 8. EXECUTIVE SESSION The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners-Solana Land, L.P., related to Centurion’s development known as Entrada Page 3 of 5 b. Section 551.071 (2) Consultation with Attorney on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 9. RECONVENE MEETING 10. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS. 11. COUNCIL RECAP / STAFF DIRECTION 12. ADJOURNMENT Regular Session 1. CALL TO ORDER 2. CITIZEN PRESENTATIONS AND RECOGNITIONS: This is an opportunity for citizens to address the Council on any matter whether or not it is posted on the agenda. The Council cannot by law take action nor have any discussion or deliberations on any presentation made to the Council at this time concerning an item not listed on the agenda. The Council will receive the information, ask staff to review the matter, or an item may be noticed on a future agenda for deliberation or action. 3. CONSENT AGENDA: All items listed below are considered routine by the Town Council and will be enacted with one motion. There will be no separate discussion of items unless a Council Member or citizen so requests, in which event the item will be removed from the general order of business and considered in its normal sequence. a. Consider approval of the minutes from the August 25, 2014, meeting. b. Consider approval of Resolution 14-29, Appointing a new member to the Planning & Zoning Commission. c. Consider approval of Resolution 14-30, Appointing a new member to the Westlake Academy Foundation. d. Consider approval of Resolution 14-31, Adopting the Balanced Scorecard Poster Board containing the vision, values, and mission statements, the strategy map, performance measures and strategic initiatives. e. Consider approval of Resolution 14-32, Approving an Economic Incentive Agreement with the Marriott Solana Page 4 of 5 f. Consider approval of Resolution 14-33, Authorizing the Town Manager to execute a Change Order to increase the contract time of the 1 MG Ground Storage Tank project with RAMA General Contracting by 41 working days. g. Consider approval of Ordinance 734, Amending Chapter 98, Vegetation, Article III, Landscape Requirements, Section 98-83, Sub-Section (C) Irrigation Conservation . h. Consider approval of Ordinance 735, Amending Chapter 94, Utilities, Article II, Water and Wastewater, Section 94-33, Drought Contingency. 4. CONDUCT A PUBLIC HEARING AND CONSIDERATION OF ORDINANCE 736, REGARDING AN AMENDMENT TO ORDINANCE 693, DEVELOPED AS A RESIDENTIAL SUBDIVISION COMMONLY KNOWN AS GRANADA, LOCATED AT THE SOUTHEAST CORNER OF DAVIS BLVD. AND SOLANA BLVD. TO CHANGE THE DEVELOPMENT STANDARDS BY REDUCING THE SIDE YARD SETBACKS FROM TWENTY FEET (20) TO FIFTEEN (15) FEET TO ACCOMMODATE HOMES WITH LARGER FIRST FLOOR FOOTPRINTS. 5. CONDUCT A PUBLIC HEARING AND CONSIDERATION OF ORDINANCE 737, REVISING THE BUDGET FOR THE 2013-2014 FISCAL YEAR; ADOPTING THE BUDGET FOR THE TOWN OF WESTLAKE, TEXAS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015 INCLUDING INVESTMENT POLICY, FISCAL AND BUDGETARY POLICIES, RESTRICTED, COMMITTED AND ASSIGNED FUND BALANCES; PROVIDING AUTHORIZATION TO THE TOWN MANGER TO APPROVE APPROPRIATED FUNDS UP TO $25,000. 6. CONSIDERATION AND DISCUSSION OF ORDINANCE 738, LEVYING TAXES TO BE ASSESSED ON ALL TAXABLE PROPERTIES WITHIN THE TOWN LIMITS OF THE TOWN OF WESTLAKE FOR THE TAX YEAR 2014 (FISCAL YEAR 2014-2015). 7. EXECUTIVE SESSION The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners- Solana Land, L.P., related to Centurion’s development known as Entrada b. Section 551.071 (2) Consultation with Attorney on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. Page 5 of 5 c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 d. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager 8. RECONVENE MEETING 9. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS. 10. FUTURE AGENDA ITEMS: Any Council member may request at a workshop and / or Council meeting, under “Future Agenda Item Requests”, an agenda item for a future Council meeting. The Council Member making the request will contact the Town Manager with the requested item and the Town Manager will list it on the agenda. At the meeting, the requesting Council Member will explain the item, the need for Council discussion of the item, the item’s relationship to the Council’s strategic priorities, and the amount of estimated staff time necessary to prepare for Council discussion. If the requesting Council Member receives a second, the Town Manager will place the item on the Council agenda calendar allowing for adequate time for staff preparation on the agenda item. Council Member Stoltenberg: Discuss the installation of a pedestrian tunnel on J.T. Ottinger Road in front of Westlake Academy. 11. COUNCIL CALENDAR 12. ADJOURNMENT ANY ITEM ON THIS POSTED AGENDA COULD BE DISCUSSED IN EXECUTIVE SESSION AS LONG AS IT IS WITHIN ONE OF THE PERMITTED CATEGORIES UNDER SECTIONS 551.071 THROUGH 551.076 AND SECTION 551.087 OF THE TEXAS GOVERNMENT CODE. CERTIFICATION I certify that the above notice was posted at the Town Hall of the Town of Westlake, 3 Village Circle, September 17, 2014, by 5:00 p.m. under the Open Meetings Act, Chapter 551 of the Texas Government Code. _____________________________________ Kelly Edwards, TRMC, Town Secretary If you plan to attend this public meeting and have a disability that requires special needs, please advise the Town Secretary 48 hours in advance at 817-490-5710 and reasonable accommodations will be made to assist you. Town of Westlake Item # 2 – Pledge of Allegiance Texas Pledge: "Honor the Texas flag; I pledge allegiance to thee, Texas, one state under God, one and indivisible." CONSENT AGENDA: All items listed below are considered routine by the Town Council and will be enacted with one motion. There will be no separate discussion of items unless a Council Member or citizen so requests, in which event the item will be removed from the general order of business and considered in its normal sequence. a. Consider approval of the minutes from the August 25, 2014, meeting. b. Consider approval of Resolution 14-29, Appointing a new member to the Planning & Zoning Commission. c. Consider approval of Resolution 14-30, Appointing a new member to the Westlake Academy Foundation. d. Consider approval of Resolution 14-31, Adopting the Balanced Scorecard Poster Board containing the vision, values, and mission statements, the strategy map, performance measures and strategic initiatives. e. Consider approval of Resolution 14-32, Approving an Economic Incentive Agreement with the Marriott Solana f. Consider approval of Resolution 14-33, Authorizing the Town Manager to execute a Change Order to increase the contract time of the 1 MG Ground Storage Tank project with RAMA General Contracting by 41 working days. g. Consider approval of Ordinance 734, Amending Chapter 98, Vegetation, Article III, Landscape Requirements, Section 98-83, Sub-Section (C) Irrigation Conservation. h. Consider approval of Ordinance 735, Amending Chapter 94, Utilities, Article II, Water and Wastewater, Section 94-33, Drought Contingency. Town of Westlake Item # 3 – Review of Consent Agenda Items EXECUTIVE SESSION a. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager Town of Westlake Item # 4 – Executive Session Town of Westlake Item # 5 – Reconvene Meeting The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager Town of Westlake Item # 6 – Take any Necessary Action, if necessary DISCUSSION ITEMS a. Discussion regarding Amending Westlake Drought Contingency, Water Conservation, and Landscape Ordinances. (10 min) b. Discussion regarding the current and proposed Economic Incentive Agreement with the Marriott Solana. (15 min) c. Standing Item: Update and discussion regarding the Granada and Entrada Developments including the Entrada Public Improvement District (PID). (15 min) d. Standing Item: Update and discussion regarding Westlake Academy Phase I expansion project and enrollment projections. (15 min) e. Discussion Regarding Various Advisory Boards and the Number of Auxiliary Boards. (20 min) Town of Westlake Item # 7 – Discussion Items Page 1 of 2 estlake Town Council TYPE OF ACTION Workshop - Discussion Item Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Discussion regarding Amending Westlake Drought Contingency, Water Conservation, and Landscape Ordinances STAFF CONTACT: Jarrod Greenwood, Director of Public Works DECISION POINTS Start Date Completion Date Timeframe: September 22, 2014 September 22, 2014 Funding: Amount - N/A Status- N/A Source- N/A Decision Alignment VVM Perspective Desired Outcome Sense of Place Customer Focus CF.Promote Community Health, Safety & Welfare Strategic Issue Outcome Strategy Staff Action Comprehensive Planning and Management of Natural Resources 10. Investigate and review of environmental preservation and conservation opportunities. SA 09D1: Ordinances Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY The Town’s current Water Conservation Ordinance 502 and Drought Contingency Ordinance 503, were adopted in June 2006 as a requirement of our wholesale contract with the City of Fort Worth. The Ordinances were written to reference the City of Fort Worth’s drought and conservation ordinances as being the Town’s enforcement document in an effort to minimize staff resources and provide consistency for residents and businesses. The TCEQ requires Water Conservation and Drought Contingency Plans to be updated every 5 years. Most of Fort Worth’s wholesale customers have simply changed the name on the Fort Worth plans, made a few revisions specific to their operations, and adopted it. In addition to the conservation and drought contingency plans, Westlake could adopt a Westlake Plant Guide that will provide residents and businesses with information regarding native and drought tolerant plants. The proposed changes to Westlake’s ordinances are necessary to: 1. Modify the watering schedule to reflect the twice per week year-round schedule 2. Stipulate the watering schedule based on class and address 3. Reference the Town of Westlake Landscape Planting Guide ORGANIZATIONAL HISTORY/RECOMMENDATION ATTACHMENTS Page 1 of 3 estlake Town Council TYPE OF ACTION Workshop - Discussion Item Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consideration of a Resolution Approving an Economic Development Agreement between the Town of Westlake and the Marriott Solana Hotel. STAFF CONTACT: Debbie Piper, Finance Director DECISION POINTS Start Date Completion Date Timeframe: October 1, 2014 September 30, 2015 Funding: Amount - $120,000 Status- Funded Source- Visitors Association Fund Decision Alignment VVM Perspective Desired Outcome Service Excellence Financial Stewardship FS.Sustain Fiscal Health Strategic Issue Outcome Strategy Staff Action Fiscal Stewardship & Organizational Effectiveness 6. Maximize the service provision level to our customers through the use of the shared services model, public/private partnerships, and implementation of innovative inter - governmental agreements. SA 06.1: Seek Partnerships Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 3 EXECUTIVE SUMMARY This proposed twelve (12) month economic development grant agreement includes both the “Shuttle Bus Transportation Cost” as well as the “Incentive Program”. If approved, this would be the fifth consecutive year that the Town has partnered with the Marriott Solana Hotel regarding the “Incentive Program”. Prior to this, the Town participated in only the Hotel’s shuttle bus system costs. Below is a description of both portions of this proposed economic development grant that would disburse hotel/motel occupancy tax funds from the Town to the Marriott Solana. • Shuttle Bus Transportation Cost Participation. An amount of $80,000 has been proposed in FY 14-15 budget for the Town’s participation in a portion of the operating cost of Marriott providing shuttle bus service to its guests. This is the same amount adopted in the prior year. Marriott Solana management has shared with Council in previous meetings the importance this shuttle bus service has to this property maintaining its competitive position in the local market, particularly competing with the Hilton at Southlake Town Center and the Marriott at the Texas World Speedway. Marriot Solana management has emphasized repeatedly to Council that this shuttle bus service is essential for this property to succeed; both in terms of keeping its existing business bookings and in terms of growing its income stream by marketing to new businesses. In addition to providing shuttle services to and from DFW airport for Marriott Solana guests, this bus service also provides hotel guests with transportation to area shopping/entertainment venues (Southlake Town Center) and corporate training centers. The manager requested additional funds for this program but upon review of the quarterly reports it appears the trips have reduced over the past year. When questioned, the Marriott manager stated they did not have an airline contract in 2014 but they are still pursuing another airline for the remainder of the year and next year. Staff is proposing the budget remain the same as the prior year until we see an upswing in the number of trips made. • Group Business Incentive Program. This portion of the agreement is $40,000 and has been proposed in the FY 14-15 budget. Staff has worked with the Marriott Solana Hotel manager on this economic development agreement in prior years and the program structure was modified in the prior year to the following with a $10,000 minimum in room night revenues. Marriott management has requested that amount be reduced to $5,000 minimum in hopes of attracting weekend leisure groups more effectively. o Proposed group business shall book a minimum of $5,000 in room night revenue. o A maximum of $5,000 is available to each group; however, the amount provided is based on the following process: • 10% of the room night revenue calculates the amount allowed, up to a maximum of $5,000. • The Town of Westlake shall receive sponsor recognition in all correspondence and at the meeting/convention in an appropriate manner. Page 3 of 3 The total expended to -date for the “Incentive Program” is $12,752. Based on conversations with the Marriott manager, there were some personnel issues during the past fiscal year but he feels confident things will turn around. We have recently received information that the Marriott is receiving a lot of activity for the fall and the incentive is making a difference. To-date we have two contracts totaling approximately $9K to be paid out in FY 14-15. This proposed grant agreement would be a reinvestment in the tourist sector of the Town’s economic development efforts (an allowed use under State law for these hotel occupancy tax funds) which will allow the Marriott Solana to more effectively compete in a recovering, but still very competitive hotel market. This proposed agreement continues the requirement for performance measures to be included in required quarterly reports submitted by the Marriott Solana to the Town. These reports will be important for evaluating the success and impact of this economic development grant on: 1.) maintaining this important Town revenue stream and 2.) growing this revenue stream in a challenging and highly competitive economic environment. In is important to recognize that, under State law, this is a grant of public dollars for economic development purposes. As such, this agreement also includes “claw back” provisions that, should the Town determine that the Marriott has not spent these grant funds for their intended purpose, the Town can require that those funds be repaid with interest. Additionally, if it is determined that the group business program is not achieving its objective, the Staff will notify both the hotel’s management and the Council to take steps to address its performance or recommend the program not be renewed upon expiration of the grant agreement, although this has not been the case to date. The Town receives 7% of the 13% hotel/motel occupancy tax allowed by State law. The FY 14-15 Budget contains an estimate that the Town will receive $770,000 in the current fiscal year of which $660,000 is likely to be from the Marriott. This represents approximately 2.5% of the total Town municipal revenue stream and is derived totally from the Town’s only hotel, the Marriott Solana. The remaining estimated $110,000 is received from Deloitte University of which 50% is returned to Deloitte based on an economic development agreement. In the past, the Town has utilized hotel/motel occupancy tax funds for many important programs including funding costs related to special events such as Arbor Day, Decoration Day, as well as the MasterWorks outdoor concert series at Solana. Additionally, because Westlake has broader statutory authority under State law than most cities to spend hotel/motel occupancy tax funds for any municipal purpose, the Town has used these funds to cover costs of various municipal operatio nal costs and capital projects (an example would be payment of a portion of the debt service for Westlake Academy related bonds). The Town Council adopted an economic development policy in 2006 (Resolution 06-19). This proposed agreement comports to that policy. Further, this economic development agreement fits with the Town’s Adopted Strategic Plan Vision Points. ORGANIZATIONAL HISTORY/RECOMMENDATION Recommend adoption of the resolution approving this economic development grant agreement ATTACHMENTS Resolution approving this Economic Development Grant Agreement between the Town and the Marriott Solana with the Agreement attached as “Schedule A”. Standing Item: Update and discussion regarding the Granada and Entrada Developments including the Entrada Public Improvement District (PID). (15 min) Town of Westlake Item # 7c – No Supporting documentation Standing agenda item during the construction project Standing Item: Update and discussion regarding Westlake Academy Phase I expansion project and enrollment projections. (15 min) Town of Westlake Item # 7d – No Supporting documentation Page 1 of 3 estlake Town Council TYPE OF ACTION Workshop - Discussion Item Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Discussion Regarding Various Advisory Boards and the Number of Auxiliary Boards. STAFF CONTACT: Thomas Brymer, Town Manager and Kelly Edwards, Town Secretary DECISION POINTS Start Date Completion Date Timeframe: 06/16/2014 09/22/14 Funding: Amount - $0.00 Status- Funded Source- N/A Decision Alignment VVM Perspective Desired Outcome Sense of Place Customer Focus CF.Enhance and Maintain a Sense of Community Strategic Issue Outcome Strategy Staff Action N/A N/A N/A Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 3 EXECUTIVE SUMMARY Advisory and/or affiliate boards are utilized by town councils across the country. They are generally viewed as an important tool for facilitating citizen engagement, communicating within the community, providing volunteer expertise in areas and subjects that Council has deemed to be beneficial for the community, and in some cases, to organize community events and celebrations. For these boards and commissions to be effective, they require a staff support in a liaison role to assist in organizing their meeting schedule, as well as help with the posting of their agenda to meet open meetings law requirement s. Additionally, if the advisory board holds community events, often staff provides extensive support in the implementation of that event. It is important for an advisory board/commission to have a clearly identified mission and respons ibilities established by the Town Council. The means by which a municipalit y fills its advisory board and commissions positions are usually multi-faceted. That is, the municipality goes through a public process via newsletters, eblasts, etc soliciting interested citizens to apply for these positions. Additionally, it is typical for Council to identify prospective board members, encourage them to apply for a vacancy, and in many cases, council members bring these names forward as recommendation when the Council considers these appointments. Some boards, such as planning and zoning commission and the zoning board of adjustment, are required by State law if the municipality has zoning. Other boards are required by the Town as a result of Council adoption of bylaws and articles of incorporation. Often these boards, such as the WAF Board, perform prescribed duties as set out in their bylaws. Another example of this type of board would be the Texas Student Housing Authority Board. Some boards are advisory in nature, although they usually have a defined scope of responsibility set out in the resolution which created that advisory board. Examples of this type of board would be the Westlake Historic Preservation Society and the Westlake Public Art Society. Westlake is unique that, with its small population, identification of prospective members to these boards and commissions can be challenging. It can be useful for the Council to periodically review the purpose and function as well as continued existence of its advisory boards and also whether new or consolidate advisory boards are a viable option. To facilitate Council’s discussion of these various Boards as well as the function of the Town Council’s boards, the following information is provided as to the mechanism used by the Council when the board was created and the stated purpose for the board when it was created: The Westlake Historical Board created was created by Resolution 00-02 SECTION I: That the "Town of Westlake Historical preservation Board" (the "Board") is permanently established as a regular standing Board of the Town of Westlake for the purpose of recording and preserving the rich history of the Town of Westlake. Amendment Res 00-13 to allow all interested persons Amendment Res 09-39 reducing the number of member from 10-7 Amendment Res 12-26 increasing members from 7 to 9 Page 3 of 3 Public Art Board was created by Resolution 07-25 Town of Westlake Public Art Committee Mission Statement: Founded as a commitment to protect and improve the quality of life of Westlake residents, businesses and students by encouraging, inspiring, documenting, educating and entertaining artistic and creative endeavors throughout the community, the Westlake Public Art committee will provide a wide range of professionally excellent and artistically significant presentations, preserving, collecting, exhibiting, and fostering the engagement of arts into the community. 1. Identify and recommend artists and raise funds to ultimately commission an outdoor statue of The Blacksmith at a designated location at Westlake Academy. 2. Raise funds to be able to acquire and display significant works of art consistent with the theme and culture of the Town of Westlake to display in Westlake Academy and other public buildings. 3. Raise awareness of the importance of the role of art in Westlake by sponsoring artistic and creative endeavors that will benefit the community. Amendment Res 08-12 Changing the name from Public Art Committee to Public Art Society and increasing the number of members from 7-9 Res 09-38 Authorizing the WPAS to proceed with the process of applying for 501(c)3 status with the Internal Revenue Service (this was terminated in 2012-2013) ORGANIZATIONAL HISTORY/RECOMMENDATION Staff recommends that the Town Council discuss its various boards, as well as the purpose of these bodies and determine the course of action it would like to take regarding them. ATTACHMENTS Ordinances, Code excerpts from College Station, Keller, Bryan and Georgetown regarding advisory boards. College Station Code Sec. 1-23. Creation of a College Station Historic Preservation Committee. A standing committee to be known as the College Station Historic Preservation Committee is hereby created. A. Purpose. Although the City of College Station, Texas, does not have a long history, it is important that it be collected and preserved. By acting in a timely manner, the City will be able to capture information before it otherwise would become irretrievable. B. Membership. The committee shall consist of nine (9) members, and where practical may include representation from the Brazos County Historical Society, Texas A&M University, and the College Station City Council. C. Term of office. The term of office shall be for two (2) years, and the City Council shall appoint members on a staggered basis with five (5) terms expiring in even- numbered years and four (4) terms expiring in odd-numbered years. If a position becomes vacant before the expiration of the position's term, the new appointee shall serve for the balance of the term of his or her predecessor. The City Council shall appoint all members to fill vacancies. The City Council shall appoint a chairman during the annual appointment process. If a vacancy shall occur in the chairman position, the City Council shall appoint a replacement to serve as Chairman. D. Duties and responsibilities. The duties of this committee shall be to aid in the collection and preservation of the history of the City of College Station and its environs, and to provide for education of citizens on the history of this City. The committee shall also carry out other duties and responsibilities as may be assigned by the City Council. The committee shall semi -annually submit a report to the City Council. E. Meetings. The College Station Historic Preservation Committee shall provide for regular and special meetings as necessary to carry on its business, and is authorized to establish its own rules, regulations, and by-laws subject to ratification by the City Council. (Ordinance No. 2025 of August 12, 1993; Ordinance No. 2505 of August 12, 1993; Ord. No. 2014-3558, Pt. 1(Exh. A), 3-13-2014; Ord. No. 2014-3595, Pt. 1(Exh. A), 8-14-2014) ORDINANCE NO 1646 AN ORDINANCE AMENDING CHAPTER 1 OF THE CODE OF ORDINANCES OF THE CITY OF COLLEGE STATION TEXAS BY ADDING A SECTION 23 RELATING TO THE CREATION OF A HISTORIC PRESERVATION COMMITTEE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION TEXAS That Chapter 1 of the Code of Ordinances City of College Station Texas is hereby amended by adding a section to be numbered Section 23 which said section shall read as follows SECTION 23 CREATION OF A COLLEGE STATION HISTORIC PRESERVATION COMMITTEE A standing committee to be known as the College Station Historic Preservation Committee is hereby created A PURPOSE Although the City of College Station Texas does not have a long history it is important that it be collected and preserved By acting in a timely manner the City will be able to capture information before it otherwise would become irretrievable B MEMBERSHIP The committee shall consist of seven 7 members and where practical may include representation from the Brazos County Historical Society Texas AM University and the College Station City Council C TERM OF OFFICE The term of office shall be for two 2 years and the City Council shall appoint members on a staggered basis with four terms expiring in evennumbered years and three terms expiring in oddnumbered years except that three of the seven committee members appointed initially shall have terms of only one 1 year and the other four initial appointments shall each be for a two 2 year term A member of the Committee shall be selected to serve as committee chairman for a term of two years The chairman shall be selected by members of the Committee and may serve no more than two consecutive terms A vacancy occurring on the committee prior to expiration of the term of office for that position shall be filled by appointment by the City Council A member so appointed shall be designated to serve the remainder of the term of his predecessor t Ordinance No 1646 Page 2 D DUTIES AND RESPONSIBILITIES The duties of this committee shall be to aid in the collection and preservation of the history of the City of College Station and its environs and to provide for education of citizens on the history of this city The committee shall also carry out other duties and responsibilities as may be assigned by the City Council The committee shall semiannually submit a report to the Council City MEETINGS The College Station Historic Preservation Committee shall provide for regular and special meetings as necessary to carry on its business and is authorized to establish its own rules regulations and bylaws subject to ratification by the City Council II This ordinance is and shall be in full force and effect from and after its passage and approval by the City Council and duly attested by the Mayor and City Secretary PASSED ADOPTED AND APPROVED this 9th day of April 1986 ATTEST APPROVED City Seary City of Keller Code ARTICLE XI. - PUBLIC ARTS BOARD [6] Sec. 2-1100. - Creation; composition; appointment of members; appointment of chairperson. Sec. 2-1110. - Meetings; quorum; agenda. Sec. 2-1120. - Duties and responsibilities. Sec. 2-1100. - Creation; composition; appointment of members; appointment of chairperson. There is hereby established a public arts board for the City of Keller, Texas composed of seven (7) members. Members of the public arts board shall be residents and qualified voters of the city. The composition of the board shall consist of two (2) members representing the local artistic community or an arts-related field of which one (1) shall be a practicing artist or curator, four (4) members being general citizens, and one (1) member of the Arts Council of Northeast Tarrant County, if possible. All memb ers shall be appointed by the city council by a majority vote. Each member of the board shall serve for a period of two (2) years with three (3) members having been appointed on even-numbered years and four (4) members having been appointed on odd-numbered years. Members shall serve until their successors have been fully qualified and duly appointed by the city council. Members shall serve without compensation. Members may be removed by a majority vote of the city council, with or without cause. Members may not serve on more than one (1) appointed board or commission simultaneously. At the time annual appointments of members are made by the city council, the city council may appoint the chairperson for the public arts board; however, if the city council does not appoint said chairperson on the date annual appointments are made, the public arts board shall, at the next regular meeting of the board, elect from its members a chairperson and vice-chairperson for a term of one (1) year or until their successors have been fully qualified and duly appointed or elected. Any officer may be subsequently re-appointed or re-elected. Any member of the public arts board remaining absent for three (3) consecutive regular meetings of the board may have their appointment declared vacated by a majority vote of the city council. Any member of the public arts board remaining absent for six (6) consecutive regular meetings shall have deemed to have vacated their appointment. Members shall serve without compensation. (Ord. No. 1186, § 14, 4-6-04) Sec. 2-1110. - Meetings; quorum; agenda. Regular and special board meetings shall be called by the city staff serving the public arts board; however, the board shall not meet less than four (4) times per calendar year beginning January 1st of each year. In addition, the board may call a special meeting upon written request approved by the quorum of said board that shall include the chairperson, during a regular or special meeting of the board. A quorum will be established by the presence of at least four (4) members, including the chairperson. In the absence of the chairperson and/or vice-chairperson, the members constituting a quorum shall select, from the members present, a chairperson to conduct the meeting. A board member may request, in writing, at least seven (7) working days in advance of a scheduled board meeting that an item be placed on the agenda. All meetings are to be conducted in accordance with the Texas Open Meetings Act. (Ord. No. 1186, § 14, 4-6-04) Sec. 2-1120. - Duties and responsibilities. The public arts board shall have the duties and responsibilities as follows: (1) To serve at the pleasure of the city council and shall have no advisory or recommending authority over any operating department of the city. (2) Once a recommendation by the board has been forwarded to the city council, the duties of the board regarding said recommendation are considered complete unless otherwise directed by the city council. (3) The board may make inquiries of the city staff regarding city ordinances or matters pertaining to specific board duties and assignments given by the city council. (4) Implement the public arts program and policy. (5) Recommend to the city council the commissioning of works of art by various artists that would complement the public arts program. (6) Recommend to the city council proposed artwork for allocation of public arts funds in accordance with the city's budget guidelines. (7) Recommend the placement of artwork as governed by the arts policy. (8) Recommend the type(s) of acquisition procedures necessary for a specific arts project as described in the arts policy. (9) Develop an inventory of publicly accessible spaces for placement of public art. (10) Review proposals from artists and artworks and make recommendations to the city council on changes, additions, deletions thereon, and on final acceptance or rejection of said proposals. (11) Consult with city departments and the city council as appropriate throughout each public arts project proposal and implementation process, in order to ensure that the policy is implemented effectively. (12) Encourage participation by citizens in the process of acquiring, placing, and commissioning public art. (13) Submit to the city council for approval any proposed change to established policies and procedures in order to maintain consistency of review and implementation of the public arts policy. (Ord. No. 1186, § 14, 4-6-04) Public Art Master Plan – Page 1 introduction Since 2001, public art has gradually become a more notable feature of the Keller landscape. Thanks to the efforts of the City, private individuals, local businesses, civic clubs, and the community at large, Keller has established a notable collection of sculptures including the “Protector of Freedom” at Veterans Memorial Park, the “Great Blue Heron” in Town Hall, and “Bird Shadow” at the Keller Pointe, to name a few. Public art highlights a community’s commitment to culture and enhances quality of life. At its most basic level, public art has the innate ability to provide pure enjoyment for people of all ages and interests. It serves to educate and inspire while stimulating creativity in the workplace and at our schools. A strong public art program can also be a powerful economic driver by attracting quality businesses and a creative work class. Creating a sense of place and distinguishing yourself from neighboring areas is important to any community. Art can enhance public spaces and create destinations within a community where people walk, gather, and socialize. Art programs, events, performances, and specific art pieces, strategically located throughout the City, encourage people to fully appreciate and utilize public spaces. From a historical and educational perspective, art is often used to commemorate events, honor individuals, or identify historic locations within a region. Through song, dance, paintings, and sculpture the diversity, heritage and unique character of a group or area can be captured, preserved, and shared with visitors and locals alike. While a rich cultural and public arts background is not what typically comes to mind when thinking of economic development, studies have shown that these traits can indeed play an important role in the economic viability of a community. Through support of its local and regional artists, the enhancement of public buildings and spaces, and programming of cultural events and activities, a community can create an economic driver that positively impacts local businesses, dining establishments, hotels, and residential developments. With the creation of a desirable place to live, work, and play comes the ability to achieve sustainable growth within the community. Public art has proven to be an essential ingredient of thriving communities. The purpose of this Public Art Master Plan document is to provide the frame work that allows for the continuing emergence of Keller as a destination that embraces and enables public art. Circle of Friends by Karen Crain Public Art Master Plan – Page 2 mission The mission of the Public Arts Program is to support and promote a process that will encourage visual and performing arts in public places; and to define the programs, policies, and guidelines for acquiring and commissioning of arts of the highest standards that shall enrich the quality of life for all residents and visitors of the City. The goals of the Public Arts Program are to create a diverse artistic environment for the residents and visitors of the City and to integrate a variety of art into the development of eligible City projects, as expressed in this Public Arts Plan. where we are today The City of Keller Public Arts Program has achieved much success since its inception in 2001 with the appointment of the Keller Public Arts Board. The Keller Public Arts Board, in conjunction with the City Council, community leaders, and other public art supporters, lead the efforts to make public art an important part of the City’s rich cultural environment. Such endeavors as the “Brushes to Bronze” events and community participation in the selection of new art pieces have lead to current City ownership of eight public sculptures. Additionally, ten monthly art shows are conducted annually in the Town Hall foyer with each including a reception event. In 2009, the Keller Public Arts Program also began to explore other forms of art, specifically the performing arts, through its sponsorship and coordination of a jazz concert series during the month of June. Major website upgrades have also occurred to include improved access to program information, enhanced marketing and public notification, availability of the public art inventory, and location maps. In addition to programming, marketing and education, the Keller Public Arts Board and the City have worked to establish a list of short term goals and objectives, updated the Public Arts Policy to better represent the community’s current climate and incorporate opportunities for arts funding of up to one percent for public projects, and further developed the initial framework for what has become the Public Art Master Plan document; a first for the City of Keller. A specific line item has been designated for public art revenue and program donors/sponsors are becoming more frequent. Planning is underway to expand the quantity and types of performing arts, enhance partnerships with local artists and art organizations, and further promote art based educational and economic development activities. The City of by Keller has been recognized by a national publication as one of the top twenty-five emerging art towns in the country and is currently home to a number of artists and galleries. On Alert by Sandra Van Zandt Public Art Master Plan – Page 3 inventory of public art A public art inventory is maintained for current pieces of public art owned by the City of Keller and commissioned in cooperation with various organizations. Additional information about these sculptures is available in the appendix. “Great Blue Heron” by Hollis Williford “Circle of Friends” by Karen Crain “Comet Dancing” by Kevin Robb “Bird Shadow” by Kevin Robb “Flying Heron” by Darrell Davis “On Alert” by Sandra VanZandt “Something in the Air” by Sandra VanZandt “Protector of Freedom” by Darrell Davis “Great Blue Splendor” by Ronnie Wells (private) Public Art Master Plan – Page 4 what is public art? As commonly defined, the term public art typically refers to works of art in any media that has been planned and executed with the specific intention of being sited or staged in the physical public domain, usually outside and accessible to all. The term is especially significant within the art world, amongst curators, commissioning bodies and practitioners of public art, to whom it signifies a particular working practice, often with implications of site specificity, community involvement and collaboration. The term is sometimes also applied to include any art which is exhibited in a public space including publicly accessible buildings. Public Art can be many things. Sometimes it’s thought provoking; controversial; political in nature; interactive; and whimsical. From performances and sculptures, to murals and mosaics, public art has a profound impact on the communities that embrace it. Funding for public art is usually obtained through public sponsorship and/or public-private partnerships. The intent of public art is to create a sense of interest within the community and contribute to its long term sustainability. opportunities for new and different art Within the City of Keller, for many years public art was commonly thought of only as sculptures. As funding was allocated or shows were held, the theme was consistently focused on pedestal mounted, three-dimensional art. Moving forward, the scope of public art within the community has changed. The exhibition of fiber arts, paintings, and photographs; as well as, musical performances are now more common place. Looking out even further, there is a desire to reach the public through many other forms of art such as theater and dance, in addition to promoting art education, art history, and art appreciation. Jazz in June – circa 2009 Public Art Master Plan – Page 5 why public art? cultural benefits The cultural benefits of public art are numerous and far reaching. They transcend age, gender, race, religion, and socioeconomic status. Art encourages creativity, individual thought and opinion. It opens the door for discussion and debate. Art can elicit emotions and provide a sense of enjoyment. Through these various forms of representation a larger cultural movement emerges that promotes learning, self expression, and broadmindedness. This can begin a cycle which supports itself through an increase in public and private art opportunities. aesthetics The aesthetic appeal of a community can have a direct economic benefit through increased property values and sustainability. Further, aesthetic appeal enhances the quality of life for residents and business owners and creates an inviting location for visitors. Public Art can play an important role in this endeavor by creating areas of interest and beauty. A variety of opportunities exist ranging from artistic building features, sculptures, murals, and mosaics, to name a few. While appreciation for individual art work has always remained in the eye of the beholder, an accumulation of varying exhibits strategically placed is sure to result in a combined aesthetic appeal that will positively benefit a community. Something in the Air by Sandra Van Zandt Public Art Master Plan – Page 6 economic development In today’s economy, most communities continue to look for that certain edge or variable to separate them from the crowd and provide an advantage over other locations. Studies have shown that a robust economy can be generated, in part, through the development of an art culture as referenced in appendix C – Americans for the Arts, “Arts and Economic Prosperity III.” The art and cultural industries provide jobs, attract investments, and stimulate local economies through tourism, consumer purchases, and tax revenue. Perhaps more significantly, they also prepare workers to participate in the contemporary workforce, create communities with high appeal to residents, businesses and tourists, and contribute to the economic success of other sectors. The audiences drawn to arts venues and cultural events also bring economic benefits for other businesses. A thriving cultural scene helps attract visitors who not only spend their money on the events themselves, but also contribute to local economies by dining in restaurants, lodging in hotels, and purchasing gifts and services in the community. Even more important, art venues and cultural events help educate and inspire our citizens and stimulate creativity in the workplace and in our schools. Public art programs, along with parks and open space, good schools, and safe neighborhoods are all contributing factors to Keller’s high quality of life and community recognition as CNN/Money Magazine’s 2009 ranking as “7th Best Place to Live in America.” Bird Shadow by Kevin Robb Public Art Master Plan – Page 7 community pride, creativity and identity Every community seeks to develop an identity or source of pride. In many cases it is a combination of things. Keller is presently known for, and proud of, it’s safe and beautiful neighborhoods, fine parks and trail system, and of course a rich, family friendly environment. Keller is also slowly gaining a local reputation for its collection and support of public art. With several galleries located in Keller Town Center and others in Old Town Keller, the community continues to develop a deeper association with the arts. In addition, the City’s support of monthly art shows at Town Hall, various musical activities, a monthly gallery walk, and of course the sculptures located on public property throughout the community, has elevated the City’s identity within the region, state, and on a national level. Comet Dancing by Kevin Robb Public Art Master Plan – Page 8 goals and objectives The Keller Public Arts Board undertook a strategic planning session in July of 2008. As part of this process, the Board listed their overarching goals for the short, medium, and long term to include specific projects, as well as more broad based objectives. Those goals include:  Develop and implement a Public Arts Master Plan Document  Explore alternate sources of income for the funding of the public arts program  Coordinate an annual schedule for programming and events  Explore and introduce various forms of art  Review and update the Public Arts Policy  Purchase one major piece of art at least every other year  Promote art within the City of Keller and work to provide educational opportunities to the public  Add a full-time staff member to lead the City’s public art efforts where do we want to be in the future In order to continue to support public art, as well as the local art community, the City and community should remain proactive in promoting activities that strengthen Keller’s image as an “emerging art town”. The end result should be threefold: 1) the creation of an environment where public art is embraced by the community and becomes a part of its culture and economic activity; 2) the encouragement of the creation of new art opportunities in both the public and private sector; and 3) the establishment of the City as a destination for art lovers seeking to view and purchase art pieces, as well as to participate in art related endeavors. Recommendations:  Establish a non-profit entity for the sole purpose of raising funds in support of public art initiatives within the City of Keller  Utilizing funding secured through the non-profit entity implement a “Matching Funds” grant program for local businesses, HOA’s, community groups, and other qualifying entities for the purchase of art viewable by the public or arts related events and festivals open to the public  Create an annual art related festival or event that promotes the City’s art tradition and encourages economic activity.  Work closely with the economic development department and community to foster opportunities that create a synergy between public art, the local art industry and economic development activities. Public Art Master Plan – Page 9 appropriate sites for art for Public art, whether it be sculptures, paintings, music, or dance, to name a few, is suitable at a number of existing yet to be determined locations. This document seeks to define the type of art area (static, rotating, performing, and creative zone) and provides guidance on general locations identified within the City. static The static art area will typically accommodate permanent pieces of art not intended to be relocated or removed, such as large sculptures, mosaics, and murals. The art work is generally designed with the facility in mind and is included to complement the existing architecture or landscape. rotating Rotating art areas, such as the Town Hall foyer, display items not permanent in nature and changed or removed periodically. Rotating art displays may be monthly, annually, and in some cases for even longer periods of time if located within a sculpture garden. The current parks and trail system, as well as the Town Center and Old Town Keller districts, present unique opportunities to establish sculpture gardens with rotating art from featured local and regional artists. performing Old Town Keller and the Keller Town Center areas are initially identified as good locations for performing arts in either indoor or outdoor venues. It should be noted, however, that other locations such as schools and parks may also serve as appropriate locations. creative zones The term creative zone refers to an area specifically designed to encourage the gathering of artists with the intent to inspire their creativity through the synergy of their surroundings. This may be an area that includes design features that encourage music, dance, poetry, painting, and theater, to name just a few. It may contain a small theater in the round setting, concrete monoliths suitable for murals, a band shell, inspiring landscape and hardscape features, and other amenities that would serve to attract the creative public. Creative zones may be established in existing parks or open space, through public- private partnerships, or solely as part of a private development. Public Art Master Plan – Page 10 potential city locations Following a review of locations by representatives from various City departments (parks, planning, public works and administration) and the Keller Public Arts Board, a map was developed that identifies potential sites within the City that may be suitable for some form of public art. The location map does not attempt to identify the specifics of the site location as this may be more appropriately addressed during the planning process for each particular art project. The map does identify districts, city buildings, parks, entry points into the city, trails and underpasses, and traffic signal box locations. The map is intended to serve as a planning tool to allow boards, City Council, and staff a method to quickly distinguish potential sites for future art related projects. Great Blue Heron by Hollis Williford Public Art Master Plan – Page 11 Districts 1 Town Center 2 Old Town Keller City Buildings 3 Town Hall 4 Police and Courts 5 Keller Pointe 6 Library 7 Senior Center 8 Municipal Service Center 9 Fire Station #2 10 Fire Station #3 11 Fire Station #4 12 Fire Administration 12A 137 Taylor Street (Friends of the Keller Library Book Store) Parks 13 The Parks at Town Center 14 Bear Creek 15 Keller-Smithfield Activity Node 16 Keller Sports Park 17 Overton Ridge 18 Johnson Road 19 Bursey Ranch Park 20 Chase Oaks Activity Node 21 Keller Veterans Memorial Park 22 Milestone Park 23 Northeast Park 24 Bates Street Park 25 Shady Grove Park Entry Points 26 North Hwy. 377 27 South Hwy. 377 28 Golden Triangle 29 Smithfield @ North Tarrant Parkway 30 FM 1709 @ Pearson Lane 31 Davis Boulevard @ Bear Creek Parkway Trails/Other 32 Bear Creek Trail 33 West Main Trail Underpass 34 Rufe Snow Underpass 35 Town Center Trail Underpass 36 Keller-Smithfield Trail Underpass 37 Hidden Lakes Trail Underpass Traffic Signal Boxes 38 Rufe Snow @ North Tarrant Parkway 39 Rufe Snow @ Bursey 40 Rufe Snow @ Bear Creek S. 41 Rufe Snow @ Bear Creek N. 42 Bear Creek @ Keller-Smithfield 43 Bourland @ Johnson 44 North Tarrant Parkway @ Whitley 45 Hwy. 377 @ North Tarrant Parkway (TxDOT) 46 Hwy. 377 @ Kroger Drive (TxDOT) 47 Hwy. 377 @ Wall Price (TxDOT) 48 Hwy. 377 @ Bear Creek (TxDOT) 49 Hwy. 377 @ Keller Parkway (TxDOT) 50 Hwy. 377 @ Keller Hicks (TxDOT) 51 Hwy. 377 @ Johnson Road (TxDOT) 52 Davis Boulevard @ Bear Creek (TxDOT) 53 Keller Parkway @Cindy St (TxDOT) 54 Keller Parkway @Bourland (TxDOT) 55 Keller Parkway @Rufe Snow (TxDOT) 56 Keller Parkway @Keller-Smithfield (TxDOT) 57 Keller Parkway @Bloomfield (TxDOT) 58 Keller Parkway @Pearson (TxDOT) TABLE 1 – Potential Public Art Sites Public Art Master Plan – Page 12 community involvement how we do this today The community has, and always will be, the driver for any successful public arts program. In the City of Keller, all of the programs, activities, and public art projects are designed to be open to and inclusive of the public. Ultimately for their enjoyment. There are a number of different opportunities for the community to be involved in the City’s public arts program ranging from attendance at concert events, viewing of monthly art shows, gallery walks, voicing opinions on perspective public art pieces, or volunteering time to serve on the Public Arts Board. Further, the public is invited to showcase their “amateur” talent each October in the City’s art show with the People’s Choice Award going to the artist whose entry garners the most votes. marketing strategy/publicity The City continues to modify its marketing strategies for public art to meet the ongoing changes within our culture and the telecommunications environment. While newspaper print and other forms of traditional marketing and publicity such as flyers, posters, and signage still play an important role, electronic marketing via the internet has become the top priority. Information is provided through the City’s website, Facebook, and Twitter sites, in addition to e-mail notifications sent as part of the City’s Keller Connect e-notification system. For those local news agencies who sign up for it, press release information is automatically triggered by updates to the website. The City’s cable television channel also carries public art program and activity information. Public Arts information is also provided to a number of arts related websites for posting and inclusion on their calendars. The goal remains to provide accessible, accurate and appealing information in a timely manner. public education The Keller Public Arts Program serves as a resource for all members of the local community. The program actively fosters relationships with community leaders, civic organizations and schools. Working with these community groups the arts program seeks to raise the level of awareness and appreciation of the arts through art education and programs. As an example, the Keller Public Art Program hosts monthly art shows at Keller Town Hall. The Art in Town Hall program presents exhibitions that showcase artwork by professional and amateur visual artists. This municipal program is committed to presenting a diversity of ideas by encompassing a variety of mediums, techniques and subjects. Art in Town Hall offers visibility, recognition and exposure through the opportunity to exhibit in a public place. The exhibits also feature monthly receptions open to the general public. These receptions provide unique opportunities to meet and visit with the artists regarding their work. Public Art Master Plan – Page 13 appendix appendix A - public art policy appendix B - inventory of public art appendix C - reference material Americans for the Arts - “Arts and Economic Prosperity III” CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 1 of 17 POLICY NUMBER: 03.24.2009 CITY OF KELLER PUBLIC ARTS POLICY I. Purpose and Goals A. Purpose – The mission of the Public Arts Program is to support and promote a process that will encourage visual and performing arts in public places; and to define the programs, policies, and guidelines for acquiring and commissioning of arts of the highest standards that shall enrich the quality of life for all residents and visitors of the City. B. Goal – The goals of the Public Arts Program are to create a diverse artistic environment for the residents and visitors of the City and to integrate a variety of art into the development of eligible City projects, as expressed in the Public Arts Plan. The Public Arts Policy specifically seeks to: 1. Exhibit and make accessible arts in designated facilities and public spaces for the enjoyment of the public and to heighten awareness and appreciation for the arts; 2. Encourage the selection of artists at the beginning stages of each project who can work successfully as members of the project design team, and to encourage collaboration among all arts and building disciplines; 3. Foster quality design and the creation of an array of artwork in all media, materials and disciplines that best respond to the distinctive characteristics of each project site and the community that it serves; 1.00 ADMINISTRATION REVISION DATES: APPROVED AND DISTRIBUTED: City Council (March 24, 2009) REVIEWED DATES: PAB 03.11.09 APPROVED BY ADMINISTRATION: SJP DATE: 03.17.09 CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 2 of 17 POLICY NUMBER: 03.24.2009 4. Select experienced artists who can represent the community of Keller; 5. Encourage the participation by citizens in the process of acquiring and commissioning of public arts; 6. Encourage the role of public arts in enhancing economic development and cultural tourism; and 7. Encourage the role of artists and public art in the functional design of City facilities and, at the discretion of the City Council, the designation of up to one (1) percent of the construction budget for public art. II. Definitions: A. Arts in public places – Any art displayed, performed, or demonstrated in City parks, rights-of-ways, or the interior/exterior of any City facility. B. Artwork – Includes, but is not limited to, a sculpture, monument, mural, painting, fountain, or stained glass. C. Artist – A practioner in the visual and/or performing arts, generally recognized by critics and peers as a professional of serious intent and recognized ability who produces fine works of arts. D. Artists Registry – A local, regional, national, and international slide and digital collection of Artists and Artworks used as a resource for arts, arts activities, and for the public arts selection process. E. City – Shall mean the City of Keller, Texas. F. Deaccensioning – The removal, relocation, selling, auctioning, or trading of artworks owned by the City. G. Donations (and Gifts) – Arts donated to the City from a private individual or institution and/or other outside sources. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 3 of 17 POLICY NUMBER: 03.24.2009 H. Loan – Works of arts provided to the City to display for a predetermined period of time and to be returned to the owner after the loan period has expired. I. PAB – Public Arts Board, a board appointed by the City Council that makes recommendations to the City Council regarding the public arts program. J. Permanent arts in public places - Any visual work of arts displayed in City parks, rights-of-ways, or the interior/exterior of any City facility. K. Donor - An individual, private company, community group, or other organization who places artwork in City parks, rights of ways, the interior or exterior of any City facility and/or private facilities and/or properties. L. Public Arts Collection – Consists of all City owned or controlled fine works of arts. M. Public Arts Fund – Monies accrued to acquire artwork to be placed in City parks, rights of ways, and the interior or exterior of any City facility. III. Applicability A. This Policy applies to all Artwork commissioned by, acquired by, loaned to, or donated to the City and/or displayed, performed, or demonstrated in City parks, rights-of-ways, or the interior/exterior of any City facility for the purpose of public exhibition or use. B. This Policy does not apply to: 1. artworks that are massed produced or created primarily for merchandising, advertising, or commercial purposes; CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 4 of 17 POLICY NUMBER: 03.24.2009 2. artworks that are made by public or private school students as part of school curriculum or approved extracurricular activity; 3. works that are otherwise recognized by the City Council as being outside the scope of the Policy’s purposes and goals. IV. Public Arts Project Development Criteria A. Aesthetic Excellence – The artwork shall strive to be of the highest aesthetic and enduring value created by an artist who has the necessary experience and talent to execute the accepted design and has considerable experience in working with arts committees and projects related to arts in public places. B. Site Specific – The relationship of artworks and site shall be considered in terms of integration of arts and architecture with landscape, social dynamics, local character and surrounding urban context. C. Durability of Design and Materials – Artworks shall be designed with consideration of minimum maintenance and requirements and maximum resistance to vandalism. V. Policy Implementation A. City Council: The City Council shall have ultimate discretion authority to review, evaluate, accept, reject and oversee all phases of the Public Arts Program and the implementation of this Policy. B. Public Arts Board (PAB): 1. Creation and Composition – The City Council shall have the authority to create a Public Arts Board that is composed of seven (7) individuals. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 5 of 17 POLICY NUMBER: 03.24.2009 2. Purpose – The purpose of the Public Arts Board is to act as an advisory board to the City Council to provide recommendations on all matters pertaining to the public arts program including the incorporation of artworks into the design of selected City projects and commissioning of artworks for public spaces and facilities. 3. Terms – Seven (7) members shall be originally appointed by the City Council in the year of adoption of this policy. The term shall be for two (2) years, with three (3) members up for appointment in the first even- numbered year after Policy adoption and each two years thereafter, and four (4) members up for appointment in this first odd-numbered year after Policy adoption and every two years thereafter. Members shall serve until their successors are appointed, without compensation. Any members(s) may be removed at any time by the City Council. 4. Members – Membership shall consist of two (2) members representing the local Artistic community or an arts- related field of which one shall be a practicing artist or a curator, four (4) members being residents and qualified voters, and one (1) member of the Arts Council of Northeast Tarrant County, if reasonably possible. All members shall be qualified voters. 5. Responsibilities – The PAB shall: a. Implement the public arts program policy. b. Recommend and/or consult with City Council regarding the commission of artworks to various artists that would complement the Public Arts Program including the allocation of Public Arts Funds in accordance with the City’s budgeting schedule, and recommending to the City Council the placement of artworks governed by this policy. c. Develop an inventory of publicly accessible spaces for the placement of public arts. d. Review proposals of artist(s) and artwork(s) and make recommendations to the City Council on changes, additions or deletions and on final acceptance or rejection of such proposals. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 6 of 17 POLICY NUMBER: 03.24.2009 e. Encourage participation by citizens in the process of acquiring, placing and commissioning of public arts. f. Submit to the City Council for approval any proposed changes to previously established policies and procedures in order to maintain consistency of review and implementation. VI. Approval Process In accordance with Appendix A, after receiving public input and comment, each Public Arts Project proposal submitted to the PAB shall be submitted with a recommendation to the City Council to approve or deny the proposal. The City Council may, in its sole discretion, (1) request revisions and resubmission, (2) reject the proposal, (3) accept the proposal. VII. Funding A Public Arts Fund account shall be established to be used solely for the commissioning, purchase, and administration of artwork or programming for the Public Arts Program. This account shall be a special cash account. Funding may be achieved through the following: A. Any Special Revenue Funds or other funds as may be appropriated by the City Council. 1. Capital Improvement Projects (CIP) – Projects exceeding $1 million in total costs shall be identified within the City’s Capital Improvement Projects Plan and funding in the amount of one percent (1%) may be allocated by the City Council for the incorporation of public art. Total project costs shall include costs allocated for design services, construction services, project contingency, and hard costs associated with construction. Funding sources for public arts shall not include proceeds from specific use sales tax designated for parks, streets, and crime control. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 7 of 17 POLICY NUMBER: 03.24.2009 a. If the total of these combined project costs is equal to or greater than $1 million then a separate public art line item shall be established for Council consideration within the City’s Capital Improvement Projects Plan specific to the project. b. If a project “materially” increases or decreases in scope resulting in a change in the total construction budget then the funding to the public art portion of the project shall also be adjusted accordingly assuming existing contractual obligations allow. c. Eligible projects must meet the financial criteria described above and will include only improvements or new construction of buildings, parks, plazas, streetscapes, or other area(s) intended for use by the public and available for public view. Temporary improvements, ordinary repair and maintenance, mechanical and electrical projects, and other general public works projects shall not be eligible. d. Public art is typically intended to be sited within close proximity to the project location where it can be closely experienced and viewed by the public. If a more suitable location within a one-half (½) mile radius of the capital improvement site is identified, the artwork may be installed there upon approval by the City Council. Additionally, funding from smaller qualified projects within a one-half (½) mile radius can be combined in order to better take advantage of public art funds and suitable locations for public art. B. Grant monies from art agencies and foundations. C. Grants – The city shall actively pursue grant monies for public arts for which it may be eligible and shall deposit said monies into the Public Arts Fund for disbursement. D. Contributions, commissions, donations, use fees, and rental fees from the private and public sector. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 8 of 17 POLICY NUMBER: 03.24.2009 VIII. Donations and Loans of Artwork A. The City will consider donations and gifts of money for deposit into the Public Arts Fund based on the circumstances and criteria outlined in the Public Arts Policy. B. All donations and gifts, whether financial or artistic will be used/spent as recommended by the PAB and approved by the City Council. C. If the artwork is not publically displayed or installed within 1 year of acceptance, then it shall be re-reviewed by the PAB and the City Council for re-approval or denial. D. The organization or individual who donates a piece of artwork may be responsible for the associated costs of displaying and maintaining the artwork. Examples of interrelated cost might be: installation, insurance, security, and/or lighting. E. A Public Arts Deed of Gift shown in Appendix C must be completed by contributors and submitted to the PAB and the City Council for consideration. F. The City shall control the location and arrangement of all temporary exhibitions, and reserves the right to reject any part of an exhibition or to change the manner of display if the items to be exhibited are deemed offensive in nature or lacking in artistic or cultural merit. IX. Placement of Artwork A. Works of Arts donated to or purchased by the City may be located within the interior or exterior of public spaces. B. The City’s approved Public Arts Master Plan Document may be utilized to identify several pre-approved places for the placement of public artwork; however, the Master Plan shall not be a limiting factor in selecting locations not identified within the Master Plan. The Master Plan shall include a list of pre-approved sites for the placement of public arts. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 9 of 17 POLICY NUMBER: 03.24.2009 These sites shall take into consideration availability of water, electricity, security, and any additional infrastructure that may be necessary to support a specific piece of art. C. Donors of public arts may suggest to the City alternative locations for placement of arts. The PAB may consider these suggestions when making their recommendation to the City Council regarding acceptance and placement. D. Purchase prices of artwork shall not be posted at the placement site in which the artwork is displayed, nor shall they be listed in any exhibit brochures. X. Identification of Artwork A. Signage must include relevant information such as the name or theme of the artwork, the name of the artist(s), who the artwork is presented from, and the date the artwork was dedicated. Signage may also include a brief description of the art and who it was presented to (ie. City of Keller). The signage should blend with the artwork and not distract from it. For general guidelines, please see Appendix B, Sample Identification Guidelines, examples 1 and 2. XI. Ownership, Installation, Maintenance and Restoration of Artwork A. Arts accepted by the City Council shall become the property of the City. B. The organization that will bear the cost of installation, maintenance and restoration of arts accepted by the City Council shall be determined prior to acceptance of the artwork. C. Regular Maintenance – Acceptable level of maintenance for the entire display shall be the responsibility of the City unless otherwise determined by agreement with a separate organization. Consideration shall be given to specific recommendations from the commissioned artists when appropriate. Maintenance levels shall be consistent with that of the location where the art is located. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 10 of 17 POLICY NUMBER: 03.24.2009 D. Restoration – May become necessary if a piece of art is affected by the environment, storm damage, or vandalism. The City shall be responsible for the restoration of public artworks unless otherwise determined by agreement with a separate organization. If available, funding for the restoration of public art may come from the Public Art Fund, insurance, operating funds, or other sources as may be identified and/or applicable. E. Storage – May be necessary if the work of art is delivered prior to site preparations being complete. XII. Deaccession of Artwork Upon recommendation of the PAB, the City Council may, at their discretion, consider any of the following courses of action to deaccession City-owned Artworks: A. Sell or trade the artwork (secure professional appraisal, advertise the sale, and seek competitive bids through surplus property procedures) with proceeds to be deposited in the Public Arts Fund unless specified otherwise in a related contract. B. Remove from display and store the artwork. C. Remove from display and dispose of the artwork. Options might include returning the artwork to the artist or donor, dispose of the piece through a donation to charity, or by means of an agreement with another governmental entity. D. Discard the artwork if no other reasonable option exists. E. It is understood that, based on prevailing circumstances, other methods of deaccession may be considered in the future. All methods must meet all applicable policies, procedures, and laws. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 11 of 17 POLICY NUMBER: 03.24.2009 Appendix A Public Arts Project Guidelines The following guidelines are developed and amended from time to time by the City Council to assist with the development of permanent Public Art Projects. I. Selection of Artists A. General – Whenever possible, the selection process should begin at the conceptual stage of the project so the artist(s) will be able to integrate arts concepts and Artworks with the design of the specific projects and or sites. Early participation also allows for dialogue between the Artist(s) and architect or designer to discuss the design processes and the inclusion of specifications for the Artworks site preparation that are subject to zoning, design, and construction codes. The selection of Artists or Artworks should meet the following criteria: 1. The design capabilities of the Artist(s) and the inherent quality of the Artworks. 2. All media forms of visual arts may be considered, subject to any requirements set by the City Council, Public Arts Board, or the Department of Administration. 3. Artworks of all schools, styles, and tastes should be considered for the Public Arts Program. 4. Artwork should be appropriate in scale, materials and form for the immediate, general, social and physical environments which they are related. 5. Consideration should be given to the Artist’s previously demonstrated ability to create works of structural and surface integrity, permanence and protection against theft, vandalism, weathering, excessive maintenance and repair costs. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 12 of 17 POLICY NUMBER: 03.24.2009 6. Consideration should be given to the fact that public arts is a genre that is created in a public context and that must be judged by standards that embrace factors other than aesthetic, including public participation and functional considerations. Public arts may also serve to establish focal points and terminate areas, modify, enhance or define specific spaces, establish identity, or address specific issues of urban design. 7. The Artist selection process shall ensure that the interests of all concerned parties are represented, including the public, arts community and the City. B. Methods of Selecting Artists: The City Council, with the recommendation of the Public Arts Board, shall determine the appropriate method of Artist selection. 1. Design Team Selection – The design team for a project may directly select an Artist following the criteria set forth by this Policy.. Final recommendations for approval of the selected Artist(s) must be given by the Public Arts Board to the City Council. This method of selection is appropriate for those City projects which have been selected to have an art-enhanced design component. 2. Limited Competition – The Public Arts Board may invite a limited number of Artists to submit credentials or proposals. 3. Open Competition – Any Artist may submit credentials or proposals, subject to any requirements established by the Public Arts Board or the Department of Administration. Call for entries for open competitions shall be sufficiently detailed to permit Artist to determine whether their work is appropriate to the project under consideration. 4. Direct Selection – The Public Arts Board may directly select an Artist or Artists. Generally, direct selection will not be employed except on those projects where an open or limited competition would be inappropriate or impractical, such as a very urgent timeline or very specific project requirements. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 13 of 17 POLICY NUMBER: 03.24.2009 C. Limited Competition Selection Process 1. The City and Public Arts Board shall recommend the scope of work, project criteria, budget, and develop a community profile, for review and approval by the City Council. 2. The Public Arts Board shall review the Artist Registry or other appropriate sources and select a predetermined number of finalists to be interviewed. Depending on the scope of work and timeline of the project, the selected finalists may be requested to submit their qualifications or a project proposal to the Board. If the finalists are to submit a project proposal, finalist shall be presented with information pertaining to the selection process and the project, including a site and community profile. The project architect may set a meeting with the finalists to discuss the site and/or project. 3. The Public Arts Board shall interview the finalists and review the Artists’ qualifications or proposals. Qualifications may include a resume and samples of Artist’s past work. Proposals may include models, drawings, and a written statement. The Public Arts Board shall make its final recommendation to City Council. 4. Prior to consideration by the City Council, but upon selection of finalist, the City shall request a formal proposal from the final Artist(s) selected, specifying the time frame for proposal development, payment schedule, ownership, exclusivity, and copyrights. Ownership of all materials related to the proposal including model, drawings, etc., will be negotiated between the Artist and the City and the City shall have the right to exhibit and use them for educational and promotional purposes. D. Open Competition Process – A project announcement shall be prepared and distributed to all Artists in the Artist Registry as well as other venues. The Public Arts Board shall review all applications and select a predetermined number of finalists. The limited competition process would then follow. E. Direct Commission Process – In special circumstances, the Public Arts Board may decide on commissioning one Artist to work on a project. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 14 of 17 POLICY NUMBER: 03.24.2009 F. Final Recommendations – The Public Arts Board has the responsibility of recommending an Artist’s proposal or Artwork for a project to the City Council for final approval. II. Responsibilities of the Artist(s): A. Submit credentials, visuals, proposals and/or project materials as directed for consideration by the Public Arts Board. B. Guarantee that the Artwork or art concept is the result of the Artist’s personal creative efforts except in the case of design collaboration. C. Insure that the art is unique and original and does not infringe upon any copyright. The Artist must agree to hold the City harmless against any claims of copyright infringement. D. Guarantee that the artwork or the duplicate has not been accepted for sale elsewhere and that the art is free and clear of any liens. E. Conduct necessary research, including attending project orientations and touring project sites, when possible. F. Design, execute, complete and transfer ownership of the Artwork in a timely and professional manner. G. Work closely with the project manager and/or other design professionals associated with the project. H. Submit to the Department of Administration and the Public Arts Board any significant changes in the scope of the project, color, material, or design of the approved Artwork. I. Make public presentations, conduct community education workshops or a residency as may be required by the contract with the City. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 15 of 17 POLICY NUMBER: 03.24.2009 J. Provide a maintenance plan that includes a list of materials, diagrams, names of fabricators describing processes used in fabricating the Artwork, and the descriptions and drawings of installations, specifications and details of connecting methods. III. Contracts, Fabrications, and Installation of Artworks, and Artist Registry. A. Contracts will be negotiated between the City, the City Attorney, the Artists, and with other consultants, if necessary. If applicable, as determined by the City, the Artist must prepare a budget that includes costs for fabrication, materials, labor, transportation, site preparation and installation, insurance, Artist fee and a contingency fund. Contracts will require the Artist to develop a Maintenance Plan for the Artwork, which must be submitted to the Department of Administration before final acceptance of the Artwork is issued by the City. Contracts will be executed by the City Manager, or designee, and administered by the Department of Administration. B. Fabrication of the Artwork will be by the Artist or under the Artist’s direct supervision. C. Installations shall be coordinated between the Department of Administration through the Public Arts Program and the appropriate representatives of the City. Whenever possible, the installation of Artworks will become part of the final project’s construction contract, and will be executed by the contractor under the Artist’s supervision. D. The Department of Administration shall document the selection process and critical stages of specific projects such as fabrication and installation. All records relating to all projects such as contracts, correspondence, memoranda, proposals, models, and billings will be kept by the Department of Administration. E. The Department of Administration will administer and Artists Registry accessible to all local, regional, national, and international Artists interested in applying. This will ensure that the largest number of Artists will be accessible to all public arts projects. The Artists Registry will be used as a resource by the Public Arts Board and the City Council for commissioning Artists and art works. The Department of Administration will periodically post notice of registry application and will use other arts organizations’ mailing lists to maximize Artist participation. CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 16 of 17 POLICY NUMBER: 03.24.2009 Appendix B Sample Identification Guidelines Example #1 “The Homecoming” A tribute to the World War II veterans by artist Jane Doe Presented to the City of Keller by Keller Civic Group November 11, 2002 Example #2 Title Artist Media Donor Date of Work CITY OF KELLER POLICY NAME: Public Arts Policy PAGE: 17 of 17 POLICY NUMBER: 03.24.2009 Appendix C PUBLIC ARTS DEED OF GIFT By these present I (We) irrevocably and unconditionally give, convey, transfer, and assign to the City of Keller by way of gift, title and interests (including all copyright, trademark, and related interests), in to, and associated with the object(s) described below. I (We) affirm that I (We) own said object(s) and that to the best of my (our) knowledge I (We) have good and complete right, title, and interest (including all transferred copyright, trademark and related interest) to give. Policy Governing Donation 1. Staff is not permitted to appraise, or provide statements of value, relating to donations. 2. Public arts donated to the City will be retained as long as the work(s) in the City Council’s opinion continue to be relevant and useful to the purposes and activities of the City, and if they can be properly displayed and preserved. Deaccessioning or disposal of objects may be considered when these conditions no longer prevail, or in the interest of improving the Public Arts Collection for the City’s purposes. Description of Item: Donor:______________________________ Signature:_____________________ Address:____________________________ City/State/Zip:__________________ Telephone:__________________________ DIVISION 15. -HISTORIC LANDMARK COMMISSION Sec. 2-407. -Established; membership. There is hereby created a commission to be known as the historic landmark commission to be composed of seven members to be appointed by the city council for a term of three years with a maximum of one reappointment for a total of six continuous years. Appointments shall be by place. In the case of vacancies on the commission, the city council shall appoint a replacement to serve the remainder of that term. The unexpired term shall not apply when calculating service for the maximum service of six years. The members of this commission shall be subject to all requirements and provisions applicable to all board or committee members as may be established by the city council. The historic landmark commission shall be composed of the following members: A member of a local historic commission or historic preservation group; A registered architect residing within the county; A resident or property owner in the east side historic district; A resident or property owner in the downtown historic district; Three members at large. All members should be residents of the county, and reside within the city if possible. All members should have knowledge and experience in the architectural, cultural, social, economic, ethnic or political history of the city. No one business shall constitute a majority membership on the commission. Membership in historic preservation organizations is encouraged for all members of the commission and does not disqualify members from serving in another capacity required by the composition of the commission. (Ord. No. 1813, § 2, 6-9-2009) Sec. 2-408. -Purpose. The historic landmark commission shall thoroughly familiarize itself with buildings, structures, sites, districts, areas and lands within the city which may be eligible for designation as historic landmarks and shall: Establish criteria to be used in determining whether certain buildings, structures, sites, districts, areas, lands and other objects should be designated as historic landmarks; Review, consider and take action on certificates of appropriateness. Establish guidelines to be used in determination of whether to grant or deny certificates of appropriateness; Formulate suggestions for private and public action which may involve various city departments in preservation of historic preservation overlay districts; (a) (1) (2) (3) (4) (5) (b) (c) (a) (1) (2) (3) (4) Page 1of 2Bryan, TX Code of Ordinances 9/16/2014about:blank Suggest sources of funds for preservation and restoration activities and acquisitions, to include federal sources, state sources, private and foundation sources, as well as municipal sources; Recommend to the proper agencies incentives designed to encourage historic preservation; Establish policies and procedures of the historic landmark commission; and A preservation plan shall be kept on file, to be reviewed annually. The historic landmark commission shall recommend to the city planning and zoning commission ordinances designating certain buildings, structures, sites, districts, areas and lands in the city as historic landmarks. The historic landmark commission shall hold a public hearing on all proposed ordinances and the owner of any land included in the proposed ordinance shall be given at least ten days' written notice of the public hearing. (Ord. No. 1813, § 2, 6-9-2009) Sec. 2-409. -Appointment of historic preservation officer. The city manager or a designee shall appoint a qualified city staff person to serve as historic preservation officer. This officer shall serve as the liaison to the historic landmark commission and shall advise the commission on matters submitted to it and provide information on historic preservation to the public. The officer is responsible for coordinating the city's preservation activities with those of state and federal agencies and with local, state, and national nonprofit preservation organizations. (Ord. No. 1813, § 2, 6-9-2009) Secs. 2-410—2-452. -Reserved. (5) (6) (7) (8) (b) Page 2of 2Bryan, TX Code of Ordinances 9/16/2014about:blank ORDINANCE NO. Tr j AN ORDINANCEAMENDING CHAPTER 6, BUILDINGS AND STRUCTURES, OF THE BRYAN CITY CODE OF 1975, BY ADDING ARTICLE IX, HISTORICAL PRESERVATION; PROVIDING DEFINITIONS; PROVIDING FOR DESIGNATION OF HISTORIC LANDMARKS; PROVIDING FOR CREATION AND FUNCTIONS OF HISTORIC LANDMARK COMMISSION; PROVIDING PROCEDURE FOR ALTERATIONS, CHANGES, DEMOLITION OR REMOVAL OF HISTORIC LANDMARK:; PROVIDING FOR APPELLATE PROCEDURES; PROVIDING FOR ESTABLISHMENT OF HISTORIC DISTRICTS; PROVIDING PROCEDURE FOR APPLICATIONS FOR DISTRICTS AND CRITERIA FOR EVALUATING DISTRICTS; PROVIDING FOR A DISTRICT PRESERVATION PLAN; PROVIDING A PENALTY CLAUSE; PROVIDING A SAVINGS CLAUSE; PROVIDING FOR PUBLICATION; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY OF BRYAN: 1. ThatChapter 6, Buildings and Structures, of the Bryan City Code of 1975, is hereby amended by adding Article IX, Historical Preservation, to read as follows: ARTICLE IX. HISTORICAL PRESERVATION DIVISION I. HISTORIC LANDMARK Sec. 6 -120. Declaration of Policy. The City Council hereby finds and declares as a matter of public policy that the protection, enhancement, preservation and use of historic landmarks is a public necessity and is re- quired in the interest of the culture, prosperity, education and general welfare of the people. The purposes of this article are: a) To protect, enhance and perpetuate historic landmarks which represent or reflect distinctive and important elements of the City's and State's architectural, cultural, social, economic, ethnic and political history and to develop appropriate settings for such places. b) To safeguard the City's historic and cultural heritage, as embodied and reflected in such historic landmarks byappro- priate regulations. c) To stablize and improve property values in such locations. d) To foster civic pride in the beauty and accomplishments of the past. e) To protect and enhance the City's attractions to tourists and visitors and provide incidental support and stimulus to business and industry. f) To strengthen the economy of the City. g) To promote the use of historic landmarks for the culture, prosperity, education and general welfare of the people of the City and visitors to the City. Sec. 6 -121. Historic Landmark - Definition. As used in this article, the term "historic landmark" shall mean any building, structure, site, district, area, or land of architectural, historical or cultural importance or value, which the City Council determines shall be protected, enhanced, and preserved in the interest of the culture, pros- perity, education and general welfare of the people. Sec. 6 -122. Historic Landmarks - Designation. The City Council may designate buildings, structures, sites, districts, areas and lands in the City as historic landmarks and define, amend and delineate the boundaries thereof. Such designation shall be in addition to any other use designation established by the City Council. An historic landmark map shall be maintained in the office of the Director of Planning. The map shall reflect the designation of an historic landmark or district. A copy of the map shall be immediately forwarded to the Building Official's Office. Sec. 6 -123. Same - Criteria to be Used in Designations. In making such designations as set forth in Section 6 -122, the City Council shall consider, but shall not be limited to, one or more of the following criteria: a) Character, interest or value as part of the develop- ment, heritage or cultural characteristics of the City of Bryan, State of Texas or the United States of America. b) Recognition as a recorded Texas historic landmark, a national historic landmark, or entered into the National Register of Historic Places. c) Embodiment of distinguishing characteristics of an architectural type or specimen. d) Identification as the work of an architect or master builder whose individual work has influenced the development of the City. e) Embodiment of elements of architectural design, detail, materials or craftsmanship which represent a significant archi- tectural innovation. f) Relationship to other distinctive buildings, sites or areas which are eligible for preservation according to a plan based on architectural, historic or cultural motif. g) Portrayal of the environment of a group of people in an area of history characterized by a distinctive architectural style. h) Exemplification of the cultural, economic, social, ethnic or historical heritage of the City, State, or nation. i) Location as the site of a significant historical event. j) Identification with a person or persons who signifi- cantly contributed to the culture and development of the City, Stateor nation. k) Value as an aspect of community sentiment or public pride. 2 - Sec. 6 -124. Historic Landmark Commission - Created. A. There is hereby created a commission to be known as the Historic LandmarkCommission of the City of Bryan, hereinafter called the "Landmark Commission," composed of a minimum of seven 7) members appointed by the City Council within sixty (60) days from the effective date of this article. The LandmarkCommission shall be composed of the following members: 1) A member of the County Historical Commission. 2) A member of the Citizens for Historic Preservation. 3) Three members at large, not to be from a designated group already represented at the time of their initial appointment. 4) A member of the local chapter of the American Institute of Architects. 5) A resident of each historic district created by this or any subsequent ordinance. 6) The City Planner or his representative (ex- officio, non - voting). All members shall be residents of the City of Bryan and should have knowledge and experience in the architectural, cultural, social, economic, ethnic or political history of Bryan. No one business or professional interest shall constitute a majority membership of the Commission. B. The normal term of members of the Commission shall be three (3) years; however, half of the initial members shall serve two -year terms, the other half, three -year terms. The respective two and three year terms shall be determined by the drawing of lots. Vacancies in an unexpired term shall be filled by the City Council for the remainder of the term. C. The City Councilor the LandmarkCommission itself may draw on the knowledge, experience and expertise of any person in the community by appointing such person to the Landmark Commission as a special advisor without voting privileges. D. The LandmarkCommission shall meet at least every other month, with additional meetings upon call by the presiding officer of the Commission or upon petition of a simple majority of the Commission members. A majority of appointed members present shall constitute a quorum, and issues shall be decidedby a simple majority vote of the members present and voting. The Commission shall adopt appropriate rules and regulations for the conduct of its business and the election of its presiding officer and other officers as prescribed by City Charter and Code. The minutes of each meeting shall be filed in the office of the City Secretary. E. If a vacancy exists in the membership of the Landmark Commission the City Council shall promptly fill it. Sec. 6 -125. Function of Historic Landmark Commission. A. The Landmark Commission shall thoroughly familiarize itself with buildings, structures, sites, districts, areas and lands within the City which may be eligible for designation as historic landmarks and shall prepare an historic landmark pre- servation plan, hereinafter referred to as the "preservation plan" which shall: mac= 1) Establish criteria to be used in determining whether certain buildings, structures, sites, districts, areas, lands and other objects should be designated as historic landmarks. 2) Establish guidelines to be used in determination of whether to grant or deny certificates of appropriate- ness and certificates of demolition or removal. 3) Formulate suggestions for private and public action which may state the role ofvarious City agencies in preservation of historic landmarks. 4) Suggest sources of funds for preservation and restoration activities and acquisitions, to include federal sources, state sources, private and foundation sources, as well as municipal sources. 5) Recommend to the proper agencies incentives designed to encourage historic preservation. B. The preservation plan shall be presented to the City Planning Commission for consideration and recommendation to the City Council for inclusionin the comprehensive plan of the City. At least every other year the LandmarkCommission shall review the preservation plan and the state of preservation of designated historic landmarks, insert in the LandmarkCommission minutes a report of such review and take appropriate action on any amend- ments to the plan deemed necessary. Prior to presenting the preservation plan, or any amendment thereto, to the Planning Commission, the Landmark Commission shall hold a public hearing on the preservation plan or the amendment thereto. C. The LandmarkCommission shall recommend to the City Planning Commission, ordinances designating certain buildings, structures, sites, districts, areas and lands in the City as historic landmarks. The Landmark Commission shall hold a public hearing on all proposed ordinances and the owner of any land included in the proposed ordinance shall be given at least ten 10) days' written notice of the public hearing. D. Any owner of property may request that the Landmark Commission recommend to the Planning Commission that his or her property be designated asan historic landmark. The Landmark Commission shall render a decision on the owner's request within ninety (90) days after the request is made. E. If the Landmark Commission finds that buildings, struc- tures, sites, districts, lands or areascannot be preserved without acquisition, the LandmarkCommission shall recommend to the City Council that fee or a lesser interest of the property in question be acquired by gift devise, purchase or otherwise pursuant to the City Charter and State or Federal laws. F. Where there are conditions under which the required preservation of an historic landmark would causeundue hardship on the owner or owners, usechanges may be recommended by the Landmark Commission. G. The designation of an historic landmark may be amended or removed using the same procedure provided in this article for the original designation. H. The Landmark Commission shall provide information and counseling to owners of designated historic landmarks. I. The Planning Commission shall consider any historic landmark designation ordinance after receiving a recommendation from the Landmark Commission. 4 - Sec. 6 -126. Exterior Alterations and Changes; Certificate of Appropriateness; Ordinary Repair or Maintenance; Appeal. No person or entity shall construct, reconstruct, signifi- cantly alter, remove or demolish any exterior architectural featureof a designated historic landmark unless application be made to the Landmark Commission for a certificate of appropriate- ness and such a certificate be granted. As used in this article, the term "exterior architectural feature" shall include, but not be limited to, architectural style and general arrangement of such portion of the exterior of a structure as is designed to be open to view from a public way. a) Procedure when building permit is required. 1) When applying for a building permit for the exterior of a designated historic landmark, the applicant shall submit the required number of copies of drawings, plans or other like material sufficient to communicate the nature of the change or alteration to the City Building Official, who shall forward such application to the presiding officer of the LandmarkCommission within five (5) days of receipt thereof. Any applicant may appear at a regular or special meeting of the Landmark Commission before submitting an application and may consult with said Commission during the review of the permit application. 2) The LandmarkCommission, upon ten (10) days' written notice to the applicant, shall hold a hearing on the application. Upon review of the application, if the LandmarkCommission finds the proposed work of a nature which will not adversely affect any significant architectural or historical feature of the designated historic landmark, and is appropriate and consistent with the spirit and purposes of this article, it shall forward a certifi- cate of appropriateness to the Building Official within thirty 30) days after the hearing and the Building Official shall so advise the applicant within five (5) days after the certificate is received. 3) If the Commission finds that the proposed work will adversely affect or destroy a significant architectural or historical feature of the exterior of the designated historic landmark or is inappropriate or inconsistent with the spirit and purposes of this article, it shall notify the City Building Official that the application has been disapproved and shall, within thirty (30) days of the public hearing, notify the applicant of the disapproval and of changes in the application which are necessary to approval of same. 4) If no action has been taken by the Landmark Commission within forty -five (45) days of original receipt by the Landmark Commission, a certificate of appropriateness shall be deemed issued by the LandmarkCommission, and the Building Official shall so advise the applicant. 5) No significant change shall be made in application for any building permit after issuance of a certificate of appro- priateness without resubmittal to the Landmark Commission and approval thereof in the same manner as provided above. b) Procedure when building permit is not sought. 1) When, for whatever reason, significant alterations on the exterior of a designated historic landmark are proposed and a City building permit is not sought, request for a certificate of appropriateness shall be submitted in writing directly to the Historic Landmark Commission. Such certificate of appropriateness must be granted before such work may be undertaken. The applicant should include materials sufficient to communicate the nature of 5 - the changes and alterations. Any applicant may appear at a regular or special meeting of the LandmarkCommission before submitting an application and may consult with said Commission during the review of the application. 2) The LandmarkCommission, upon ten (10) days' written notice tothe applicant, shall hold a hearing on the application. Upon review of the application, if the LandmarkCommission finds the proposed work of a nature which will not adversely affect any significant architectural or historical featureof a designated historic landmark and is appropriate and consistent with the spirit and purposes of this article, it shall forward a certificate of appropriateness to the applicant within thirty (30) days of the receipt of said application. 3) If the Commission finds that the proposed work will adversely affect or destroy any significant architectural or historical feature of the designated historic landmark or is in- appropriate or inconsistentwith the spirit and purposes of this article, it shall notify the applicant within thirty (30) days of receipt of said application that the application has been disapproved and shall include in such notification the changes necessary to approval of the application. 4) If no action has been taken by the Landmark Commis- sion within forty -five (45) days of the receipt of the application, a certificate of appropriateness shall be deemed issued by the Landmark Commission. 5) No significant change in the proposed alterations and changes after the issuance of a certificate of appropriateness may be made without resubmittal to the LandmarkCommission and approval thereof in the same manner as provided above. c) Ordinary repair or maintenance. Ordinary repair or maintenance which does not involve significant changes to the exterior of architectural or historic value, style or general design is exempt from the provisions of this section. d) Appeal. Any applicant or interested person aggrieved by a ruling of the LandmarkCommission under the provisions of this section may, within thirty (30) days after notification of the ruling, appeal to the City Council. Sec. 6 -127. Historic Landmarks - Demolition or Removal. A. If an application is received for demolition or removal of a designated historic landmark, the Building Official shall immediatelyforward the application to the LandmarkCommission. The LandmarkCommission shall hold a hearing upon the application within sixty (60) days after the application is initially filed with the Building Official. The applicant shall be given ten 10) days' written notice of the hearing. The Landmark Commission shall consider the stateof repair of the building, the reason- ableness of the cost of restoration or repair, the existing and/ or potential usefulness, including economic usefulness of the building, the purposes behind preserving the structure as an historic landmark, the character of the neighborhood, and all other factors it finds appropriate. If the Landmark Commission determines that in the interest of preserving historical values, the structure should not be demolished or removed, it shall notify the Building Official that the application has been disapproved, and the Building Official shall so advise the applicant within five (5) days therefrom. If the LandmarkCommission determines that the interests of preserving historical values will not be adversely affected by such demolition or removal or that the interests of preserving historical values can best be served by 6 - the removal of a structure to another specified location, it shall issue its certificate of demolition or its certificate of removal, as may be appropriate, to the Building Official; and the Building Official shall so advise the applicant within five (5) days therefrom. B. If no action has been taken by the LandmarkCommission within ninety (90) days of original receipt by the Landmark Commission of the application, a certificate of demolition or a certificate of removal shall be deemed issued by the Landmark Commission and the Building Official shall so advisethe applicant. C. After a decision is reached by the LandmarkCommission denying an application for a certificate of demolition or a certi- ficate of removal, a resubmittal of application for such a certificate will not be accepted for additional hearing within a twelve -month period from the date of final decision. D. Any applicant or the owner of any property located within three hundred (300) feet of the site of any landmark who is aggrieved by a ruling of the Landmark Commission concerning the same landmark under the provisions of this section may, within sixty (60) days after the ruling of the LandmarkCommission, appeal tothe City Council. Following a public hearingto be held within thirty (30) days of the filing of a noticeof such appeal with the City Secretary, the City Council may by a simple majority vote, uphold or overturn any ruling of the Landmark Commission made pursuant to this section. Sec. 6 -128. Procedure for Obtaining Building Permit, Demolition Permit and for Altering the Exterior of a Building or Structure During Pendency of Consideration of Such Building or Structure asan Historic Landmark or as Part of an Historic Landmark. A. From and after the date on which the presiding officer of the Landmark Commission by written order directs that any build- ing, structure, or site within the City be placed upon the agenda for any special or regular meeting of the Landmark Commission or any committee thereof for the purpose of considering or dis- cussing whether or not same should be designated as an historic landmark, or from and after the date of the placement of same upon any such agenda or, if not dated, the date on which such agenda is posted in accordance with the provision of Article 6252 -17, V.A.T.C.S., as amended, or from and after the date that the Landmark Commission or any committee thereof approves or recommends a preservation plan or any amendment of any existing preservation plan which embraces or includes same building, structure, or site within the City, whichever date first occurs, no building permit allowing the construction, reconstruction, signi- ficant alteration or restoration, removal or demolition of any exterior architectural feature of any building or structure then existing included or embraced in whole or in part within the scope of such written order or such agenda or such preservation plan or such amendment thereof, as the case may be, no permit allowing the removal of all or any part of any such building or structure and no permit allowing the demolition of any part or all of any such building or structure may be issued by any official of the City, nor if no such permit is required or sought, may any person or entity construct, reconstruct, significantly alter or restore, remove or demolish any exterior architectural feature of any such building or structure, until the earliest of the following conditions have been met: 1) A final and binding certificate of appropriateness, removal or demolition, as may be appropriate, has been issued by the Landmark Commission. 2) The Landmark Commission fails to recommend that some part or all of such building or structure be designated 7 - an historic landmark or be included within an historic landmark or within a preservation plan or an amendment thereof within ninety (90) days following the earliest of the above described dates activating this section applicable under the circumstances; or, 3) A final and bindingdecision has been made by the City Council that no part of anysuch building or structure shall be designated an historic landmark or shall be included within an historic landmark at or before the second regularly scheduled City Council meeting subse- quent to the presentation to the City Council of a request for such a decision. B. It shall be the duty of the City of Bryan and its officers to furnish the Building Official with a copy or written notice of each such written order or such agenda or such preservation plan or amendment thereof, as the case may be, as promptly after the preparation thereof as is practicable. The failure to so furnish the Building Official with a copy or written notice thereof, however, shall not have the effect of validating any building permit, removal permit or demolition permit issued in ignorance of any such written order or agenda. In any instance in which any such permit may not be required, it shall be the duty of the Landmark Commission and its officers togive notice of any such written order or such agenda or such preservation plan or amendment thereof to the owner or owners of any building or structure included within the scope thereof, which notice shall be deemed complete when actually given, orally or in writing, to such owner or owners, or when written notice thereof is deposited in the United States mail, postage prepaid, certified or registered, with return receipt requested, addressed to such owner or owners, which- ever event first occurs. No person or entity to whom such permit is issued or who, if no such permit is required, commences to construct, reconstruct, significantly alter or restore, remove or demolish any exterior architectural feature of anysuch building or structure without actual or constructive notice of any such written order, or such agenda, or such preservation plan or amendment thereof, as the case may be, as required by the provision of this subsection, may be found guilty of a misdemeanor as provided in this article, but eachsuch person or entity shall be amenable to the civil sanctions provided for by this article. C. Any permit issued to any person or entity from or after the date of anysuch written order, or such agenda, or the approval or recommendation of such preservation plan or amendment thereof, as the case may be, shall be null, void and of no force or effect until the earliest of the events described in sub- paragraphs (1), (2), and (3) of subsection A next above occur. Sec. 6 -129. Same - Omission of Necessary Repairs. A. Designated historic landmarks shall be maintained to insure the structural soundness of such landmark. B. If a Building Inspector and /or the Historic Landmark Commission finds that there are reasonable grounds to believe that a designated historic landmark is structurally unsound or in imminent danger of becoming structurally unsound, the Building Inspector shall notify in writing the owner of record of the designated historic landmark of such fact. C. Upon the giving of ten (10) days' written notice to the owner of record of such designated historic landmark, the Building Standards Committee shall hold a public hearing to determine if the designated historic building is structurally unsound or in imminent danger of becoming structurally unsound. W-M The Building Standards Committee shall request a report and con- sider recommendation from the Landmark Commission. The Landmark Commission's report may include evidence of economic hardship or willful neglect. D. At the conclusion of the hearing, if the Building Standards Committee finds that the designated historic building is structurally unsound or in danger of so becoming shall, within ninety (90) days of receipt of such notice, satisfy the Building Standards Committee that reasonable necessary repairs to safe- guard the structural soundness of the landmark have been effected. E. If the Building Standards Committee determines that the building is structurally unsound but there are valid reasons why the owner cannot or should not undertake to safeguard the structural soundness of the building, it shall forward to the City Council its recommendation, with the recommendation of the LandmarkCommission, as to what action, if any, should be taken on the structure. F. Any applicant or interested person aggrieved by a ruling of the Landmark Commission or the Building Standards Committee under the provisions of this section may, within thirty 30) days after the ruling, appeal to the City Council. Sec. 6 -130. Penalty. A. It shall be unlawful to construct, reconstruct, signifi- cantly alter or restore, demolish any building or structure in an historic landmark designation in violation of the provisions of this article. The City, in addition to other remedies, may institute any appropriate action or proceedings to prevent such unlawful construction, reconstruction, significant alteration or demolition, to restrain, correct, or abate such violation, to prevent any illegal act, business, or maintenance in and about such premises, including acquisition of the property. B. Any person, firm or corporation violating any provision of this article shall be guilty of a misdemeanor, and shall be deemed guilty of a separate offense for each day or portion thereof during which any violation hereof is committed, continues or is permitted, and upon conviction of anysuch violation shall be punishable by a fine notto exceed two hundred dollars ($200) per offense. Sec. 6 -131. Notice. Any notice required to be given under this article, if not actually delivered, shall be given by depositing the same in the United States mail, postage prepaid, addressed to the person or entity to whom such notice is to be given to an owner or owners of property, such notice, delivered or mailed by certified or registered mail, may be addressed to such owner or owners who have rendered their said property for City taxes as the ownership appears on the last approved City tax roll. Secs. 6- 132 - -6 -140. Reserved. 9 - 6) Any proposed restrictions of activities on and uses of property within the proposed historic district. 7) At such time that the proposed district is created, the above information is to be collected on each building, structure, site, area, or land within the district indicated on the boundary map as being of importance or value. 8) Consent in writing of seventy -five percent (75 %) or more of the landowners who have property which lies within the proposed historic district. 9) Considerthe effect of the proposed district on existing and proposed utilities, streets, and other public improvements. B. Applications to increase the boundaries of an historic district may be made if one or more of the following conditions are met: 1) When buildings, structures, sites, areas or lands of importance or value are related to the district and are requested by their owner for inclusion. 2) When facts previously undisclosedto or unknown by the Landmark Commission are revealed which indicate that a particular building or site is possessed of special architectural, cultural or historic importance or value. C. Applications to reduce the boundaries of an historic district may be made when one or more of the following conditions have been met: 1) When it canbe shown that a particular building, struc- ture, site, area, or land has no historic, architectural or cultural importance or value to the viability of the district and where its location is such as not to de- tract from the district by its exclusion. 2) When exclusion of buildings, structures, sites, areas orlands is necessary for major new development that would support either the architectural, historical, archeological, or cultural character or economic viability of the district, provided such development does not detract from the district and the purposes of historic preservation. 3) When it can be shown that no degradation of the district either physical, historical, architectural, archeological or cultural will result from exclusion of property from the district. D. Applications for inclusion or exclusion for property may be made when either continued exclusion or inclusion of property within the district would render it an economic hardship for reasonable continuation in its present exterior form. In order to establish such economic hardship, the owner must show that no reasonable alternative use exists which allows the exterior of the building to remain in its original style. In evaluating economic return, the Landmark Commission may request the owner to document the value, rents, returns, tax burden, and /or contracts, pertaining to the property. Sec. 6 -145. Criteria for Designation of Historic Districts. In evaluating applications for historic districts, the Historic Landmark Commission shall consider Sections 6 -123 and 11 - 6 -144 of this article. If the Historic Landmark Commission recommends the establishment of an historic district or districts, it shall cause to be prepared an Historic District Designation Ordinance which shall contain, but shall not be limited to, the following: a) A statement of purpose, setting forth the Commission's reasons for recommending designation of the district; b) A legal description of theboundaries of the district; c) Findings that support the criteria required in Sections 6 -123 and 6 -144 of this article, if applicable, that establish the particular importance or value of the district; d) Recommendations for the protection and preservation of the district referred to herein as District Preservation Plan. Sec. 6 -146. District Preservation Plan. The District Preservation Plan shall include but shall not be limited to the following: a) Classification of Uses. The Commission may examine the uses existing within the district in terms of their individual and continued effect upon the character, safety, economic and physical impact of the district and may recommend alterationsin or additions to any existing regulations. b) Building Code Regulations. The Commission may review andrecommend any amendments to the building regulations it feels necessary to preserve the architectural and historic integrity and authenticity of structures within eachsuch district. c) Sign Regulations. The Commission may recommend sign regulations for each such district concerning size, location, type and construction it feels appropriate. d) Parking Regulations. The Commission may review the parking regulations in existence in the district and recommend any changes in numbers or location of on- street and off - street parking requirements it feels necessaryto enhance the district. It shall review the adequacy of parking facilities in or affecting the district and may offer recommendations for such public and /or private parking lots, garages or structures it deems to be in the best overall interest of the district. e) Architectural Regulations. As a guide for those seeking a Certificate of Appropriatenesspursuant to Section 6 -128, the Historic LandmarkCommission may, in keeping with the significant architectural, historic, or cultural elements of eachsuch district recommend regulations affecting the exterior of the building, including, but not limited to, the following: 1) Acceptable materials for new construction such as stucco, masonry, metal and glass curtain; 2) Appropriate architectural character, scale and detail for new construction; 3) Acceptable appurtenances to newand existing structures such as gables, parapets, balconies and dormers; MWM 4) Acceptable accessories onnew or existing structures such as light fixtures, gas lights, canopies, exterior carpentry, banners, flags and projections, fences, if any; S) Acceptable textures and ornamentation such as paint colors and types, use of wood, stone, metal, plaster, plastics and other man -made materials, use of shutters, wrought iron, cast iron, finishes of metal, colorsof glass, such as silver, gold, bronze, smoke, and other details or architectural ornamentation; 6) Such other building regulations which would have impact on either new or existing buildings such as wiring, firewalls, sprinklers, use of flammable materials, requirements for fire escapes, multiple entrances and exits, and other exterior features. 7) For those properties which are sites, areas, lands, buildings, structure or vacant lots which are not of historical, architectural, or cultural importance or value, development or redevelopment shall be in accordance with the Historic District Preservation Plan as to materials, scale and detail, appurtenances, textures, ornamentation and accessories, and shall comply with existing regulations. Sec. 6 -147. Administrative Requirements of LandmarkCommission. A. When the Historic Landmark Commission considers an area as a possible historical district, it shall, prior to rendering its final recommendation and report, submit its report, including the District Preservation Plan or a proposed ordinance amendment to all City departments, boards and commissions and other public agencies directly affected. B. In addition, it shall, and prior to rendering its final recommendation, make the plan available to the landowners in the proposed district. In the event the area under consideration has established an historic district committee, the Commission may include the comments of such committee in its final report. If appropriate and desired, the Commission should recommend that the City Council adopt the restrictions to assure that future public investment complies with the terms of the district. Sec. 6 -148. Changes in Provisions Herein. Such regulations, restrictions, and boundaries may from time to time be amended, supplemented, changed, modified, or repealed with approval of the City Council. Secs. 6- 149 - -6 -160. Reserved. 2. That if any section, paragraph, sentence, clause, phrase or word of this ordinance shall be declared unconstitutional or invalid for any purpose, the remainder of this ordinance shall not be affected thereby. 3. That the City Secretary is directed to publish this ordinance in some newspaper of general circulation in the City of Bryan once a week for two consecutive weeks in compliance with the provisions of Section 9 of the City Charter. M 4. That this ordinance shall become effective from and after its passage and publication as required by law. PRESENTED AND tip 1981, Council of the City passed and approved by a vote of S' meeting of the City ATTEST: GIVEN first,reading the J day of at a e meeting of the City of Bryan, Texas; and given second reading, on the 3 y day of , 1981 , ayes and nays at Council of the City of Bryan, Texas. J l I- c I11 1 Joe E. Evans, City Secretary APPROVED AS TO FORM: Larry A. C tlin Acting Cit Attorney 14 - Richard A. Smith, Mayor I, JOE E. EVANS, City Secretary of the City of Bryan, Texas, do hereby certify that the attached Ordinance #415 was published in The Eagle, a newspaper of general circulation in the City of Bryan, in the manner and as provided by the laws of the State of Texas and in the Charter of the City of Bryan; said publication being on the 29th day of March A.D. 1981 . and the 5th day of April, 1981. Joe E. WvansN City Secretary City of Bryan, Texas SEAL) AFFIDAVIT OF PUBLICATION THE STATE OF TEXAS COUNTY OF BRAZOS 23 April 19 81 personally, appeared before me, the undersigned, On this — ______— day of - - - - -__ - - -- a Notary Public in and for said county and state, _— __ —_ —_ Linda Corgi bookkeeper__— _- - -__ —_ of THE EAG LE, a newspaper published at Bryan, County of Brazos, State of Texas, who, being by me duly sworn, on ordinance amending chap. 6 oath, states that: --- - -- - -- was published in said newspaper in _-2 issues thereof on the following dates 19151_. Subscribed and sworn to before me, this the 23 day, of _ r 1 Bra — — t I ' otary Pu ic, Brazos County, US rORDIN^NCE N VMBdt15 WdIty. , c9mlati of ihIpalalll@Pages, the aOf re C,, „fit p1 tha. 0,dlnamO not Inalodod In We OubliCNiun. This "dlnanM Georgetown’s Code CHAPTER 2.50. HISTORIC AND ARCHITECTURAL REVIEW COMMISSION [7] Sec. 2.50.010. Creation; Membership; Qualifications. Secs. 2.50.020, 2.50.030. Reserved. Sec. 2.50.040. Powers and duties. Sec. 2.50.050. Delegation of authority. Sec. 2.50.010. Creation; Membership; Qualifications. There is created and established for the City Historic and Architectural Review Commission, herein called the HARC, to be composed of not less than seven regular members with at least two members being property owners in the historic Downtown Overlay District. All of the seven members shall be either registered voters of the City or owners of real property that is designated as historic, either in the City's historic survey or with a state or federal historic designation, and located within the Downtown or Old Town Overlay Districts. Those members that are Georgetown-registered voters must have resided within the City for one year preceding their appointment. Any current Commission member that does not meet these eligibility criteria shall be able to finish their current term of office. A. The City Council shall also appoint up to three persons who would be qualified to serve on the HARC as Commissioners-in-Training. Commissioners-in-Training shall not serve as alternates or as proxies for any Commissioner, but Commissioners-in-Training shall be eligible to be appointed to the position of Commissioner upon the expiration of the term of a regular Commissioner or upon the creation of a vacancy on the Commission. B. Whenever possible, the HARC shall include a majority of persons from each of the following categories having a demonstrated interest in the downtown area or skills in design review, with a maximum of two from each category: 1. Licensed architect; 2. Landscape architect, professional planner or urban designer; 3. Historian or person with expertise in historic preservation; 4. Developer, contractor or realtor; and 5. Property owner or non-owner tenant within the Downtown Overlay District. C. Individual members of the Commission may meet one or more of the categories above. Persons at large with an interest in historic preservation or urban design shall be appointed to the Commission to fill any remaining appointments. D. The City's Director of Planning and Development is hereby designated Historic Preservation Officer and shall have as a principal duty the administration of this chapter and the coordination of the City's various efforts and programs furthering historic preservation. E. Annual training shall be mandatory for all members of the HARC. Such training may include special orientation and training sessions for commissioners and staff members who participate in design review. Staff shall prepare a briefing that explains the specific training topics to those HARC members who, for legitimate reasons, miss a scheduled training session. F. This Chapter supplements the provisions of Code of Ordinances Chapter 2.36 City Commissions, Committees, and Boards. (Ord. No. 2011-20, § 2(Exh. D); Ord. No. 2010-21, § 2) Secs. 2.50.020, 2.50.030. Reserved. Editor's note— Ord. No. 2011-20, § 2(Exh. D), adopted May 10, 2011, repealed the former Sections 2.50.020 and 2.50.030 in their entirety, which pertained to terms and organization, respectively, and derived from Ord. No. 2010-21, § 2 Sec. 2.50.040. Powers and duties. The HARC has the power and it shall be its duty: A. To make recommendations to the City Council on the designation of historic sites or districts; B. To act and assist the City Council in formulating design guidelines and other supplemental materials relevant to historic preservation or design review; C. To approve or disapprove Certificates of Design compliance; and D. To render advice and guidance, upon request of the property owner or occupant, on new construction or the restoration, alteration or maintenance of any historic resource or other building within the districts; and E. To perform any other functions requested by the City Council. (Ord. No. 2010-21, § 2) Sec. 2.50.050. Delegation of authority. A. The HARC shall have the express authority to delegate review of minor projects (as defined by majority vote of the HARC) to either: 1. A subcommittee of the HARC composed of at least three members; or 2. City staff as designated by the City Manager. B. Any permit issued pursuant to such delegation of authority shall require the signature of the chair or vice-chair of the HARC and any denial may be appealed to the full HARC. (Ord. No. 2010-21, § 2) CHAPTER 2.112. ARTS AND CULTURE BOARD [17] Sec. 2.112.010. Created; membership. Sec. 2.112.020. Purpose. Secs. 2.112.030—2.112.080. Reserved. Sec. 2.112.010. Created; membership. A. There is hereby created the Arts and Culture Board of the City (the "Board"). This Chapter supplements the provisions of Code of Ordinances Chapter 2.36 City Commissions, Committees, and Boards. B. The Board shall consist of seven members appointed in accordance with the City Charter. Members should represent a broad spectrum of citizens including artists and those with a background in the arts, arts organizations and businesses, education, structural and landscape architecture. All Members shall reside in the corporate City limits or extra-territorial jurisdiction of the City. If possible, one member shall be an authorized representative of the Georgetown Independent School District and one member shall be an authorized representative of Southwestern University. C. The Board members representing the Georgetown Independent School District or Southwestern University may appoint an alternate to attend the Board meetings and to vote in the member's place, provided that: 1. The Board member prepares a written letter or statement to the Board designating the name of their alternate before the meeting(s) at which the alternate will be representing the Board member; and 2. The alternate is also an employee or authorized representative of the same entity that the Board member represents and is otherwise qualified to serve. (Ord. No. 2011-20, § 2(Exh. O)) Sec. 2.112.020. Purpose. A. The mission of the Board is to enhance the cultural and aesthetic quality of life in Georgetown by actively pursuing the placement of public art in public spaces and serving to coordinate, promote and support public access to the arts. The arts are an important part of the cultural and economic life of the entire community of Georgetown and enrich the participants in the arts as well as those who observe them. B. The Board shall operate in the general public interest serving the community as a whole. It shall serve no special interests. C. The Arts and Culture Board shall be specifically responsible for, but not limited to, the following: 1. The Board shall ensure the arts continue to be of value as an integral part of Georgetown; 2. The Board in its first year will propose to City Council a set of guidelines and standards by which it will review all future art projects, staying consistent with all existing codes, guidelines and policies; 3. The Board will seek to improve communication and organization of the activities in the arts community of Georgetown; 4. The Board shall promote the arts in Georgetown to enrich the lives of its citizens through education and demonstration; 5. The Board may assist the City Council, the Georgetown Parks and Recreation Board, Historic and Architectural Review Commission and the Planning and Zoning Commission in using public art to enhance existing development in public parks and other public lands and in public structures; 6. The Board shall advise other City commissions and committees and City departments regarding artistic components of all municipal projects under consideration by the City. The Board may also serve as a resource for artistic components of private developments; 7. The Board shall develop and recommend to the City Council policies and programs that would enhance and encourage the planning, placement and maintenance of public displays of art in locations open to the public within the community. 8. The Board shall encourage connections with other local, regional and national organizations working for the benefit of art and preservation of artistic values, and other similar activities; 9. The Board shall recognize and encourage groups and organizations that enrich Georgetown life by bringing cultural and artistic values and artifacts to the City; and 10. The Board shall pursue funding, including gifts and grants for support of arts program s and activities and the procurement of public art. (Ord. No. 2011-20, § 2(Exh. O)) Secs. 2.112.030—2.112.080. Reserved. EXECUTIVE SESSION a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners -Solana Land, L.P., related to Centurion’s development known as Entrada b. Section 551.071 (2) Consultation with Attorney on a matter in wh ich the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 Town of Westlake Item # 8 – Executive Session Town of Westlake Item # 9 – Reconvene Meeting The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners-Solana Land, L.P., related to Centurion’s development known as Entrada b. Section 551.071 (2) Consultation with Attorney on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 Town of Westlake Item # 10 – Take any Necessary Action, if necessary COUNCIL RECAP / STAFF DIRECTION Town of Westlake Item #11 Council Recap / Staff Direction Town of Westlake Item # 12 – Workshop Adjournment Back up material has not been provided for this item. CITIZEN PRESENTATIONS AND RECOGNITIONS: This is an opportunity for citizens to address the Council on any matter whether or not it is posted on the agenda. The Council cannot by law take action nor have any discussion or deliberations on any presentation made to the Council at this time concerning an item not listed on the agenda. The Council will receive the information, ask staff to review the matter, or an item may be noticed on a future agenda for deliberation or action. Town of Westlake Item # 2 – Citizen’s Presentations and recognitions CONSENT AGENDA: All items listed below are considered routine by the Town Council and will be enacted with one motion. There will be no separate discussion of items unless a Council Member or citizen so requests, in which event the item will be removed from the general order of business and considered in its normal sequence. a. Consider approval of the minutes from the August 25, 2014, meeting. b. Consider approval of Resolution 14-29, Appointing a new member to the Planning & Zoning Commission. c. Consider approval of Resolution 14-30, Appointing a new member to the Westlake Academy Foundation. d. Consider approval of Resolution 14-31, Adopting the Balanced Scorecard Poster Board containing the vision, values, and mission statements, the strategy map, performance measures and strategic initiatives. e. Consider approval of Resolution 14-32, Approving an Economic Incentive Agreement with the Marriott Solana f. Consider approval of Resolution 14-33, Authorizing the Town Manager to execute a Change Order to increase the contract time of the 1 MG Ground Storage Tank project with RAMA General Contracting by 41 working days. g. Consider approval of Ordinance 734, Amending Chapter 98, Vegetation, Article III, Landscape Requirements, Section 98-83, Sub-Section (C) Irrigation Conservation. h. Consider approval of Ordinance 735, Amending Chapter 94, Utilities, Article II, Water and Wastewater, Section 94-33, Drought Contingency. Town of Westlake Item # 3 – Consent Agenda Town Council Minutes 08/25/14 Page 1 of 6 MINUTES OF THE TOWN OF WESTLAKE, TEXAS TOWN COUNCIL MEETING August 25, 2014 PRESENT: Mayor Laura Wheat and Council Members, Michael Barrett, Alesa Belvedere, Carol Langdon, Rick Rennhack, and Wayne Stoltenberg. ABSENT: OTHERS PRESENT: Town Manager Tom Brymer, Town Secretary Kelly Edwards, Town Attorney L. Stanton Lowry, Finance Director Debbie Piper, Director of Facilities and Parks & Recreation Troy Meyer, Fire Chief Richard Whitten, Planning and Development Director Eddie Edwards, Director of HR & Administrative Services Todd Wood, Director of Information & Technology Jason Power, and Susan McFarland, Communications Specialist. Work Session 1. CALL TO ORDER Mayor Wheat called the work session to order at 5:22 p.m. 2. PLEDGE OF ALLEGIANCE Mayor Wheat led the pledge of allegiance to the United States and Texas flags. 3. REVIEW OF CONSENT AGENDA ITEMS FOR THE AUGUST 25, 2014, TOWN COUNCIL REGULAR MEETING AGENDA. No additional discussion. Town Council Minutes 08/25/14 Page 2 of 6 4. EXECUTIVE SESSION The Council convened into executive session at 5:32 p.m. The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager 5. RECONVENE MEETING Mayor Wheat reconvened the meeting at 8:10 p.m. 6. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS. No action taken. 7. DISCUSSION ITEMS a. Discussion regarding Various Annual Advisory Board and Commission Member Appointments and the Number of Auxiliary Boards. Town Manager Brymer and Town Secretary Edwards provided an overview and update of the item. Discussion ensued regarding possible applicants, the Public Arts and Historical boards, current community events, the number of events, missions and scope of work/direction and scheduling a work session for additional discussion. b. Standing Item: Update and discussion regarding the Granada and Entrada Developments including the Entrada Public Improvement District (PID). Mr. Mehrdad Moayedi provided an overview and current status of the Entrada development stating he believes this will be destination place for citizens. They have been in contact with various restaurants and a hotel chain. Mr. Moayedi stated that Granada subdivision is proceeding as scheduled and has secured builders. Entrada would begin work prior to securing the PID financing. Discussion ensued regarding the timeline for the subdivision wall and pedestrian trail, Public Improvement District (PID) financing, the Entrada project timeline, and that there is not exclusive real estate company to represent Entrada. Town Council Minutes 08/25/14 Page 3 of 6 c. Standing Item: Update and discussion regarding Westlake Academy Phase I expansion project and enrollment projections. Director Meyer provided a presentation and overview regarding the construction project. Discussion ensued regarding project revenues, contingency funds, punch list items, and the campus traffic flow. d. Discussion regarding the proposed Fiscal Year 2014-2015 Municipal Budget and Five Year Capital Improvement Plan. Director Piper provided an update of item and revisions made as recommended during the budget work session. Discussion ensued regarding TxDOT, Ottinger Road crossing at State Highway 170, improvements to the small bridge on Ottinger Road, and the proposed trail head along Ottinger Road. 8. EXECUTIVE SESSION The Council did not convene into executive session. The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners-Solana Land, L.P., related to Centurion’s development known as Entrada b. Section 551.071 (2) Consultation with Attorney on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 Town Council Minutes 08/25/14 Page 4 of 6 9. RECONVENE MEETING 10. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS. 11. COUNCIL RECAP / STAFF DIRECTION Work session to discuss advisory and auxiliary boards’ missions and scope of work. 12. ADJOURNMENT Mayor Wheat adjourned the work session at 9:00 p.m. Regular Session 1. CALL TO ORDER Mayor called the regular session to order at 9:00 p.m., with Council Member Langdon absent. 2. CITIZEN PRESENTATIONS AND RECOGNITIONS No one addressed the Council. 3. CONSENT AGENDA a. Consider approval of the minutes from the June 16, 2014, meeting. b. Consider approval of the minutes from the July 21, 2014, meeting. c. Consider approval of the minutes from the August 8, 2014, meeting. d. Consider approval of the minutes from the August 11, 2014, meeting. e. Consider approval of Resolution 14-24, Awarding the bid to DH Marketing for the Purchase and Installation of an Outdoor Warning Siren System and Authorizing the Town Manager to Execute a Contract. f. Consider approval of Resolution 14-25, Approving a contract with M&S Technologies to purchase a replacement network firewall. g. Consider approval of Resolution 14-26, Appointing a new member to Planning & Zoning Commission Members. h. Consider approval of Resolution 14-27, to Amend of the Bylaws of the Westlake Academy Foundation allowing directors to serve a (3) three year staggered term. Town Council Minutes 08/25/14 Page 5 of 6 MOTION: Council Member Stoltenberg made a motion to approve consent agenda. Council Member Belvedere seconded the motion. The motion carried by a vote of 4-0. 4. EXECUTIVE SESSION The Council convened into executive session at 9:01 p.m. The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners- Solana Land, L.P., related to Centurion’s development known as Entrada b. Section 551.071 (2) Consultation with Attorney on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 d. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager 5. RECONVENE MEETING Mayor Wheat reconvened the meeting at 9:55 p.m. Town Council Minutes 08/25/14 Page 6 of 6 6. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS. MOTION: Council Member Rennhack made a motion to approve Resolution 14-28, Approving the Assignment of the Rights, Covenants and Obligations of The Economic Development Program Agreement Dated April 22, 2013 and a Development and Subdivision Improvement Agreement Dated October 28, 2013 From Marquis Westlake Development, Inc., to Maguire Partners – Solana Land, L.P. and Authorizing the Mayor to Approve the Assignment on behalf of the Town. Council Member Barrett seconded the motion. The motion carried by a vote of 4-0. 7. FUTURE AGENDA ITEMS - None 8. COUNCIL CALENDAR 9. ADJOURNMENT There being no further business before the Council, Mayor Wheat asked for a motion to adjourn the meeting. MOTION: Council Member Rennhack made a motion to adjourn the meeting. Council Member Belvedere seconded the motion. The motion carried by a vote of 4-0. Mayor Wheat adjourned the meeting at 9:58 p.m. APPROVED BY THE TOWN COUNCIL ON SEPTEMBER 22, 2014. ATTEST: _____________________________ Laura Wheat, Mayor _____________________________ Kelly Edwards, Town Secretary Page 1 of 2 estlake Town Council TYPE OF ACTION Regular Meeting - Consent Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consider approval of a Resolution Appointing a new member to Planning & Zoning Commission. STAFF CONTACT: Kelly Edwards, Town Secretary DECISION POINTS Start Date Completion Date Timeframe: 09/22/2014 09/22/14 Funding: Amount - $0.00 Status- Funded Source- N/A Decision Alignment VVM Perspective Desired Outcome Sense of Place Customer Focus CF.Enhance and Maintain a Sense of Community Strategic Issue Outcome Strategy Staff Action N/A N/A N/A Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY We received one application for the Planning and Zoning Commission from Liz Garvin that is attached for your review. Current view of the Commission: Bill Greenwood Chairman 06/2015 Michelle Lee 06/2016 Vacant (WC) 06/2016 Vacant (AH) 06/2016 Tim Brittan 06/2015 Sharon Sanden Alternate 1 06/2016 Ryan Groce Alternate 2 06/2015 ORGANIZATIONAL HISTORY/RECOMMENDATION Staff recommends approval of this resolution to appoint a new member to the Planning and Zoning Commission ATTACHMENTS Liz Garvin’s application Resolution Resolution 14-29 Page 1 of 2 TOWN OF WESTLAKE RESOLUTION NO. 14-29 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPOINTING A MEMBER TO THE PLANNING AND ZONING COMMISSION. WHEREAS, Currently a vacancy exist on the Planning and Zoning Commission; and WHEREAS, the Town Council has received an application for consideration of appointment; and WHEREAS, the meeting at which this Resolution was considered was open to the public as required by law, and public notice of the time, place, and subject of the meeting has been given in accordance with Chapter 551, Government Code; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That the Town Council of the Town of Westlake does hereby appoint the following individual to serve as a member of the Planning and Zoning Commission for the term noted below: Elizabeth (Liz) Garvin- term expiring June 2016. SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. Resolution 14-29 Page 2 of 2 SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22nd DAY OF SEPTEMBER 2014. ___________________________________ Laura Wheat, Mayor ATTEST: ________________________________ ________________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: _________________________________ L. Stanton Lowry, Town Attorney APPLICATION FOR APPOINTMENT This application and its contents is a Public Record t Town of Westlake " 3 Village Circle, Suite 202 * Westlake Tx 76262 Tel: (817) 430-0941 * Fax (817) 430-1812 www.westiake-tx.org Email:town halla@westlake-tx.org Position Sought (pleaser t Economic Development Corporation Historical Preservation Society �'•.; Planning and Zoning Commission Texas Student Housing Authority Tree City LISA Advisory Committee F7 Public Art Society of Westlake Westlake Academy Foundation Board Other: Applicant Information Applicant's Name: ;2 a j ' 2 ' ! Address: City, State, Zip:--.We s-4-4 k-r x ?L2 Z(P 2 How Long Have You Lived At This Address? Email Address: 'ryV Home Phone# : Fax#: Work Phone# : Cell#: Occupation Experience/Degrees held: - r- hl & a e ia.- W' ael 4 +n Why do you wa t to serve on this committee? 000( -10 nalwoc WiI4 -��- Do you have y political conflicts of interest? � Do you have any related experience? A,5 oh d d [? i e)1Vg + x -Bo s� What do you(feel you have to offer this committee? aG Q � �f 'CF Signature of Applicant: [ Dated: -� Office Use Only Received By: Date: Application dor Appolntmenl 0412010 Page 1 of 2 estlake Town Council TYPE OF ACTION Regular Meeting - Consent Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consider approval of a Resolution Appointing a new member to Westlake Academy Foundation. STAFF CONTACT: Kelly Edwards, Town Secretary DECISION POINTS Start Date Completion Date Timeframe: 09/22/2014 09/22/14 Funding: Amount - $0.00 Status- Funded Source- N/A Decision Alignment VVM Perspective Desired Outcome Sense of Place Customer Focus CF.Enhance and Maintain a Sense of Community Strategic Issue Outcome Strategy Staff Action N/A N/A N/A Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY We received an application from the Foundation requesting approval of Chris Jeppesen application to be appointed to the board. Current view of the board members: Term Expiration Ken Gorden June 2015 Bill Greenwood June 2015 Leah Rennhack June 2015 Andy Sedino June 2015 Vacant June 2015 Andrew Grieser June 2016 Kevin Hansen June 2016 Deborah Kraska June 2016 Karen Stoltenberg June 2016 Vacant June 2016 Vacant June 2017 Zan Jones June 2017 Sean Shope June 2017 Jeff Watson June 2017 Vacant June 2017 ORGANIZATIONAL HISTORY/RECOMMENDATION The foundation recommends approval of this resolution to appoint a new member to the Westlak e Academy Foundation. ATTACHMENTS Chris Jeppesen’s application Resolution Resolution 14-30 Page 1 of 2 TOWN OF WESTLAKE RESOLUTION NO. 14-30 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPOINTING TWO MEMBERS TO THE WESTLAKE ACADEMY FOUNDATION BOARD. WHEREAS, Currently, vacancies exist on the Westlake Academy Foundation board; and WHEREAS, the Town Council has received applications for consideration of appointment; and WHEREAS, the meeting at which this Resolution was considered was open to the public as required by law, and public notice of the time, place, and subject of the meeting has been given in accordance with Chapter 551, Government Code; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That the Town Council of the Town of Westlake does hereby appoint the following individuals to serve as members of the Westlake Academy Foundation board for the term noted below : Chris Jeppesen term expiring June 2017 SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. Resolution 14-30 Page 2 of 2 SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22nd DAY OF SEPTEMBER 2014. ___________________________________ Laura Wheat, Mayor ATTEST: ____________________________________ __________________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: ____________________________________ L. Stanton Lowry, Town Attorney APPLICATION FOR APPOINTMENT This applicaion €nd its contents is ca Public Record Town of Westlake * 3 Tillage Circle, Shite 2032 * Westlake Tx 76262 Tel: (817) 430-0941 * Fax (817) 434-1812 v%Nvw,wes€lake-tx.org Email.townhall@westlake-tx.org Economic Development Corporation Historical Preservation Society Planning and Zoning Commission Texas Student Housing Authority El 'free City IDSA Advisory Committee El Public Art Society of Westlake IZIWestlake Academy Foundation Board Other: MENEM Applicant's Name: Chriian Bean jeperessen Address: City, State,Zip: Westlake, Tx 76262 How Long Have You Lived At This Address? 7 Email Address: Dome Phone#: Fax Work Phone : Gell Occupation, ExperencelBegrees held: Chief ofAdvsorlatFirst Trust PcrtfioliosLP 8S Finance _. __.. ---------------------------------- . Why do you want to sande on this committee? t hope io be ante to cortabute in some manner to advance the foundaWns ar eri szt Do you have any political conflicts of interest? none that 1 am aware of Do you have any related experience? __ -- _-- _-- Just 2t7 years 'what do you feel you have to offer this committee? Not sure of where the greatest need is yet,but 1 nope to be able to/overage ware work expefience wFhere the foundation needs the most help. _ -, _ _.-._... _,.. _ _.. _ _ Signature of Applicant: Dated: 712 12014 � ,.... Received By: mate: Apg16caPon for Appointment 04,2010 Page 1 of 2 estlake Town Council TYPE OF ACTION Regular Meeting - Consent Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consider approval of a Resolution Adopting the Balanced Scorecard Poster Board containing the vision, values, and mission statements, the strategy map, performance measures and strategic initiatives. STAFF CONTACT: Tom Brymer, Town Manager Amanda DeGan, Assistant Town Manager DECISION POINTS Start Date Completion Date Timeframe: September 22, 2014 TBD Funding: Amount - 0 Status- Funded Source - N/A Decision Alignment VVM Perspective Desired Outcome Exemplary Governance Customer Focus CF.Promote Best Practice Policy Governance Strategic Issue Outcome Strategy Staff Action N/A N/A N/A Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY As we finalize the Council and staff discussions regarding our strategic direction for the community, we have compiled a comprehensive ‘poster board’ that contains the following: • Community vision, values and mission statements • Strategic Themes • Performance Measures • Initiatives All these components combine to create a strategic direction for the Town of Westlake, which will help guide us as we implement the programs and concepts developed during our year-long update of our existing strategic planning document. The poster board is designed to convey our ‘strategic story’ for the Town should any resident or stakeholder access the document via our website or review the printed information. The approved strategy map is shown below and is also depicted on the poster: The performance measures and initiatives were presented to the Council on May 19, 2014 and have been updated to reflect the direction staff received during this discussion. Once this is approved, we will begin compiling the data associated with the performance measures and transferring this into an online tool that will allow us to report out the progress in a dashboard format for Council review. ORGANIZATIONAL HISTORY/RECOMMENDATION Approval of the Balanced Scorecard Poster ATTACHMENTS Balanced Scorecard Poster Resolution 14-31 Page 1 of 2 TOWN OF WESTLAKE RESOLUTION 14-31 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPROVING AND ADOPTING A BALANCED SCORECARD SYSTEM (STRATEGIC PLAN) FOR THE TOWN. WHEREAS, the Westlake Town Council has determined that effective governance of the Town of Westlake requires a focused effort which can best be provided by a comprehensive governance system formulated by the Council-staff team; and, WHEREAS, the Westlake Town Council has invested significant Council and staff time in an off-site planning retreat as well as subsequent workshops to review and draft updated vision, values, and mission statements to guide the creation of strategic themes, intended results, a strategy map, performance measures and initiatives; and, WHEREAS, the Town Council has determined that this strategic governance system allows for a focused review of the Council’s priorities for the Town of Westlake, as well as the allocation of Council and staff time and resources to pursue those priorities; and, WHEREAS, the Town Council finds that approving this Balanced Scorecard Poster with the Strategy Map provides opportunities to measure implementation of the plan, integrate it with other governance and management processes, and shall be routinely reviewed by the Council for any updates and/or revisions that the Council determines are necessary to make the plan as effective as possible; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake . NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety SECTION 2: That , the Town Council of the Town of Westlake, Texas, hereby approves the attached Town of Westlake Balanced Scorecard Strategic Planning and Management System attached to this resolution as Exhibit “A. SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. Resolution 14-31 Page 2 of 2 SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22nd DAY OF SEPTEMBER 2014. ATTEST: _____________________________ Laura L. Wheat, Mayor ____________________________ ______________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: ____________________________ L. Stanton Lowry, Town Attorney Town of Westlake Balanced Scorecard Strategic Planning & Management System Mission & Vision Objectives Performance Measures Strategic Initiatives Vision An oasis of natural beauty that maintains our open spaces in balance with distinctive development, trails, and quality of life amenities amidst an ever expanding urban landscape. Mission Westlake is a unique community blending preservation of our natural environment and viewscapes, while serving our residents and businesses with superior municipal and academic services that are accessible, efficient, cost-effective, and transparent. Perspective: Citizen, Student, & Stakeholders (CSS) Preserve Desirability & Quality of Life • Alignment between comp plan, zoning & dev. regulations • Ratio of exemplary schools in/around Westlake • Enrollment composite (capacity vs. wait list) • Student successes from WA • Percentage of change in property values • Direction Finder survey results • Bi-annual survey administration • Comprehensive plan project review • Update development regulations • Quarterly review of development impact on WA • Annual review of admissions rqrmts & policy • Annual review of capacity to reinvest in infrastructure and community assets • Administration of necessary exams & college entrance exams • Create benchmark/peer schools list • LEAD integration & development • Neighborhood meetings & discussions • Maintenance of municipal & academic websites • Continued mixed-media development • Laserfiche implementation-organizational wide • Create corporate citizen survey • Investigate use of off year or online survey tools (targeted) • Academy website redevelopment • Continuation of new residents welcome packets • Business outreach program • Market/Expand awareness of Westlake: nationally/statewide (through ads, CVB, etc.) • Comprehensive review of community events to promote engagement/attendance • Expansion of social media presence • Maintain receipt of various financial awards for both municipal and academic services • Increase efficiency of utility billing and processes • Institute auto bill pay for water services • E-billing for water services • Evaluate services & determine if appropriate fees • Fees increase at rate of inflation • 90% Blacksmith participation & increase avg. donation • Volunteers hours are greater than 25,000 per year • 80% of affiliate revenues spent within fiscal year • Increased TAD assessments • Consider exempt vs. non-exempt for employees • Educate stakeholders about our development and environmental goals • Tree preservation / reforestation • Codify and maintain organizational policies and procedures • Review internal processes to eliminate waste/redundancy • Strategy is defined, implemented, and reviewed routinely • Establish department level and personal Q2 time to identify priorities and work toward long range planning • Identify core duties that match our strategy • Review stop, start, continue exercise from WA to identify potential gains • Administration (continued) development of employee satisfactions survey • Track recruiting cycle • Pre-employment assessments/Updated job descriptions • Integration of HPO training opportunities through organization • Quality training opportunities relative to positions • Update and review of compensations plans • Utilize SchoolDude to track hours, repairs, etc. • Annual technology assessment for CIP • Annual review and update of facility plans • Contract with qualified consultants Increase CSS Satisfaction • Attrition rate • Average length of time residents live in Westlake • Percentage of leavers (all) • External validation points (awards per year) • Direction Finder survey results • Percentage of violations issued to residents due to failure to meet development/code requirements Strategic Themes & Results Perspective: Financial Stewardship Theme: Natural Oasis Result: Preserve and maintain a perfect blend of the community’s natural beauty. Theme: Exemplary Service & Governance Result: We set the standard by delivering unparalleled municipal and educational services at the lowest cost. Theme: High Quality Planning, Design, & Development Result: We are a desirable, well planned, high-quality community that is distinguished by exemplary design standards. Theme: Exemplary Education – Westlake Academy Result: Westlake is an international educational leader where each individual’s potential is maximized. Increase Financial Capacity / Reserves • Fund Balance • Quarterly financial report data Increase Revenue Streams • Local revenue monitoring • Percent of revenues budgeted Strategy Map Perspective: Municipal & Academic Operations Maximize Efficiencies & Effectiveness • Percentage of time spent on Q2 planning and implementation • Number of policies and procedures updated/passed/simplified (quarterly) • Number of internal processes reviewed and updated each quarter Encourage Westlake’s Unique Sense of Place • Percentage of first submission plans that meet environment/development goals • Percentage of CSS participation events/meetings Increase Transparency, Accessibility & Communications • Increased survey completion (All) • DF survey (effectiveness of town communications, effort to keep residents informed, opportunities for public input and availability of town records. • Email/website statistics Perspective: People, Facilities, & Technology Attract, Recruit, Retain & Develop the Highest Quality Workforce • Percentage of qualified candidates within applicant pools • Time to fill positions • Percent of increased competency specific • Employee turnover rate • Employee satisfaction results Improve Technology, Facilities & Equipment • Overtime vs. Comp time • Critical infrastructure downtime • Cost of repairs vs. replacement costs • Projected CSS growth Optimize Planning & Development Capabilities • DF survey results • Percentage of deadline compliance Page 1 of 3 estlake Town Council TYPE OF ACTION Regular Meeting - Consent Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consideration of a Resolution Approving an Economic Development Agreement between the Town of Westlake and the Marriott Solana Hotel. STAFF CONTACT: Debbie Piper, Finance Director DECISION POINTS Start Date Completion Date Timeframe: October 1, 2014 September 30, 2015 Funding: Amount - $120,000 Status- Funded Source- Visitors Association Fund Decision Alignment VVM Perspective Desired Outcome Service Excellence Financial Stewardship FS.Sustain Fiscal Health Strategic Issue Outcome Strategy Staff Action Fiscal Stewardship & Organizational Effectiveness 6. Maximize the service provision level to our customers through the use of the shared services model, public/private partnerships, and implementation of innovative inter - governmental agreements. SA 06.1: Seek Partnerships Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 3 EXECUTIVE SUMMARY This proposed twelve (12) month economic development grant agreement includes both the “Shuttle Bus Transportation Cost” as well as the “Incentive Program”. If approved, this would be the fifth consecutive year that the Town has partnered with the Marriott Solana Hotel regarding the “Incentive Program”. Prior to this, the Town participated in only the Hotel’s shuttle bus system costs. Below is a description of both portions of this proposed economic development grant that would disburse hotel/motel occupancy tax funds from the Town to the Marriott Solana. • Shuttle Bus Transportation Cost Participation. An amount of $80,000 has been proposed in FY 14-15 budget for the Town’s participation in a portion of the operating cost of Marriott providing shuttle bus service to its guests. This is the same amount adopted in the prior year. Marriott Solana management has shared with Council in previous meetings the importance this shuttle bus service has to this property maintaining its competitive position in the local market, particularly competing with the Hilton at Southlake Town Center and the Marriott at the Texas World Speedway. Marriot Solana management has emphasized repeatedly to Council that this shuttle bus service is essential for this property to succeed; both in terms of keeping its existing business bookings and in terms of growing its income stream by marketing to new businesses. In addition to providing shuttle services to and from DFW airport for Marriott Solana guests, this bus service also provides hotel guests with transportation to area shopping/entertainment venues (Southlake Town Center) and corporate training centers. The manager requested additional funds for this program but upon review of the quarterly reports it appears the trips have reduced over the past year. When questioned, the Marriott manager stated they did not have an airline contract in 2014 but they are still pursuing another airline for the remainder of the year and next year. Staff is proposing the budget remain the same as the prior year until we see an upswing in the number of trips made. • Group Business Incentive Program. This portion of the agreement is $40,000 and has been proposed in the FY 14-15 budget. Staff has worked with the Marriott Solana Hotel manager on this economic development agreement in prior years and the program structure was modified in the prior year to the following with a $10,000 minimum in room night revenues. Marriott management has requested that amount be reduced to $5,000 minimum in hopes of attracting weekend leisure groups more effectively. o Proposed group business shall book a minimum of $5,000 in room night revenue. o A maximum of $5,000 is available to each group; however, the amount provided is based on the following process: • 10% of the room night revenue calculates the amount allowed, up to a maximum of $5,000. • The Town of Westlake shall receive sponsor recognition in all correspondence and at the meeting/convention in an appropriate manner. Page 3 of 3 The total expended to -date for the “Incentive Program” is $12,752. Based on conversations with the Marriott manager, there were some personnel issues during the past fiscal year but he feels confident things will turn around. We have recently received information that the Marriott is receiving a lot of activity for the fall and the incentive is making a difference. To-date we have two contracts totaling approximately $9K to be paid out in FY 14-15. This proposed grant agreement would be a reinvestment in the tourist sector of the Town’s economic development efforts (an allowed use under State law for these hotel occupancy tax funds) which will allow the Marriott Solana to more effectively compete in a recovering, but still very competitive hotel market. This proposed agreement continues the requirement for performance measures to be included in required quarterly reports submitted by the Marriott Solana to the Town. These reports will be important for evaluating the success and impact of this economic development grant on: 1.) maintaining this important Town revenue stream and 2.) growing this revenue stream in a challenging and highly competitive economic environment. In is important to recognize that, under State law, this is a grant of public dollars for economic development purposes. As such, this agreement also includes “claw back” provisions that, should the Town determine that the Marriott has not spent these grant funds for their intended purpose, the Town can require that those funds be repaid with interest. Additionally, if it is determined that the group business program is not achieving its objective, the Staff will notify both the hotel’s management and the Council to take steps to address its performance or recommend the program not be renewed upon expiration of the grant agreement, although this has not been the case to date. The Town receives 7% of the 13% hotel/motel occupancy tax allowed by State law. The FY 14-15 Budget contains an estimate that the Town will receive $770,000 in the current fiscal year of which $660,000 is likely to be from the Marriott. This represents approximately 2.5% of the total Town municipal revenue stream and is derived totally from the Town’s only hotel, the Marriott Solana. The remaining estimated $110,000 is received from Deloitte University of which 50% is returned to Deloitte based on an economic development agreement. In the past, the Town has utilized hotel/motel occupancy tax funds for many important programs including funding costs related to special events such as Arbor Day, Decoration Day, as well as the MasterWorks outdoor concert series at Solana. Additionally, because Westlake has broader statutory authority under State law than most cities to spend hotel/motel occupancy tax funds for any municipal purpose, the Town has used these funds to cover costs of various municipal operatio nal costs and capital projects (an example would be payment of a portion of the debt service for Westlake Academy related bonds). The Town Council adopted an economic development policy in 2006 (Resolution 06-19). This proposed agreement comports to that policy. Further, this economic development agreement fits with the Town’s Adopted Strategic Plan Vision Points. ORGANIZATIONAL HISTORY/RECOMMENDATION Recommend adoption of the resolution approving this economic development grant agreement ATTACHMENTS Resolution approving this Economic Development Grant Agreement between the Town and the Marriott Solana with the Agreement attached as “Schedule A”. Resolution 14-32 Page 1 of 2 TOWN OF WESTLAKE RESOLUTION 14-32 A RESOLUTION BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPROVING AN ECONOMIC DEVELOPMENT AGREEMENT WITH THE MARRIOTT SOLANA. WHEREAS, the Westlake Town Council, in its current Strategic Plan, has identified “Service Excellence” as a Vision Point for that Strategic Plan as well as Financial Stewardship as a Strategic Issue that must be addressed to move the Town towards this Vision Point; and, WHEREAS, the Town of Westlake sales and use taxes are an important revenue source to support its general operations; and, WHEREAS, the Town Council desires to have new and existing businesses that maintain and grow their sales and use tax streams, which in turn, enhances the Town’s financial position and sustainability per its Strategic Plan; and WHEREAS, the Town Council acknowledges t hat the Town’s Visitors Association Fund is a key component of its financial structure and that an economic development grant to the Marriott Solana Hotel will help solidify and maintain that structure; and, WHEREAS, Town has an economic development policy adopted by Resolution 06-19 and that this proposed economic development agreement with the Marriott Solana meets those policy guidelines and meets the requirements of State law for municipalities to grant 380 economic development grants to businesses located in their boundaries; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: THAT, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: THAT, the Town Council of the Town of Westlake, Texas, hereby approves the Economic Development Grant Agreement with the Marriott Solana attached hereto as Exhibit “A”; and further authorizes the Town Manager to execute said agreement on behalf of the Town of Westlake. Resolution 14-32 Page 2 of 2 SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22ND DAY OF SEPTEMBER, 2014. _____________________________ Laura Wheat , Mayor ATTEST: ________________________________ ______________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: ________________________________ L Stanton Lowry, Town Attorney Resolution 14-32 Page 1 of 11 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT This ECONOMIC DEVELOPMENT PROGRAM AGREEMENT (“Agreement”) is entered into by and between the TOWN OF WESTLAKE, TEXAS (the “Town”), a Type-A general law municipal corporation organized under the laws o f the State of Texas, and MARRIOTT HOTEL SERVICES, INC. D/B/A DALLAS/FT.WORTH MARRIOTT SOLANA, (“Marriott:), a Hotel. The Town and Marriott are collectively referred to as the “Parties”. RECITALS The Town and Marriott hereby agree that the following statements are true and correct and constitute the basis upon which the Town and Marriott have entered into this Agreement: A. Marrio tt owns and operates a 294 (288 plus 6 suites) room, full-service hotel located at 5 Village Circle, Westlake, Texas, (the “Hotel”) The Hotel provides a valuable catalyst for visitors, tourism, and economic development to the Town. B. In order to increase visitors and tourism, and to maximize the economic benefits that the Hotel can bring to the Town, the Town and Marriott desire to enter into this Agreement. C. In accordance with Resolution No. 06-19, adopted by the Town Council on May 8, 2006, attached hereto as Exhibit “A” and hereby made a part of this Agreement for all purposes, the Town has established an economic development incentive policy and program pursuant to which the Town will, on a case-by-case basis, offer economic incentive packages autho rized by Chapter 380 of the Texas Local Government Code, Article III, Section 52-a of the Texas Constitution, and other applicable laws, that include monetary loans and grants of public money, as well as the provision of personnel and services of the Town, to businesses and entities that the Town Council determines will promote State or local economic development and stimulate business and commercial activity in the Town in return for verifiable commitments from such businesses or entities to cause specific infrastructure, employment and other public benefits to be made or invested in the Town (the “380 Program”). D. The Town Council has determined that by entering into this Agreement, the potential increase of visitors and tourism and economic benefits that will accrue to the Town under the terms and conditions of this Agreement are consistent with the Town’s economic development objectives and the 380 Program and will further the goals for positive economic growth, visitors and tourism in the Town. This Agreement is authorized by Chapter 380 of the Texas Local Government Code and the 380 Program. NOW, THEREFORE, in consideration of the mutual benefits and promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: Resolution 14-32 Page 2 of 11 AGREEMENT 1. INCORPORATION OF RECITALS. The Town Council has found at a duly-called and legally-noticed public meeting through the adoption of Town Resolution No. 14-32, attached hereto as Exhibit “B” and hereby made a part of this Agreement for all purposes, and the Town and Marriott hereby agree, that the recitals set forth above are incorporated herein and true and correct and form the basis upon which the Parties have entered into this Agreement. 2. DEFINITIONS. In addition to terms defined in the body of this Agreement, the following terms shall have the definitions ascribed to them as follows: 380 Program has the meaning ascribed to it in Recital C. Affiliate means all entities, incorporated or otherwise, under common control with, controlled by or controlling Marriott . For purposes of this definition, “control” means fifty percent (50%) or more of the ownership determined by either value or vote. Program Grants means the annual allowable economic development grants paid (whether in one or multiple installments) by the Town to Marriott in accordance with this Agreement and as part of the 380 Program. Program Source Funds means an amount of Town funds legally available for inclusion in a Program Grant that is payable to Marriott in a given Program Year, which shall be derived from hotel occupancy taxes generated by the Hotel and received by the Town pursuant to Chapter 351 of the Texas Tax Code, or other legally available funds of the Town. Program Year means the Town’s fiscal year (i.e. October 1 through September 30th) in which the Town is obligated pursuant to this Agreement to pay Marriott a Program Grant, beginning with the first fiscal year following the execution of this Agreement. Quarterly Report has the meaning ascribed to it in Section 4.2. Records have the meaning ascribed to it in Section 4.3. Term has the meaning ascribed to it in Section 3. Town of Westlake Hotel Support Program has the meaning ascribed to it in Section 4.1. Resolution 14-32 Page 3 of 11 3. TERM. This Agreement shall be effective as of the date of execution by the Parties (the “Effective Date”) and, unless terminated earlier in accordance with this Agreement, shall expire one (1) year from the Execution Date. 4. TOWN AND MARRIOTT’S OBLIGATIONS AND COMMITMENTS. 4.1. Town of Westlake Hotel Support Program The total amount to be granted by the Town to Marriott under the terms of this Agreement for the Town of Westlake Hotel Support Program shall not exceed $120,000 with said Town of Westlake Hotel Support Program, consisting of the following: a. Group Booking Incentives, the requirements for which are attached hereto as Exhibit “C” and hereby made a part of this Agreement for all purposes (the “Hotel Support Agreement”) and details the obligations of Marriott to receive, and the Town to grant, the Program Grants from the Program Source Funds during the Program Year related to group bookings at the Hotel. The purpose of this component of the Town’s Hotel Support Program shall be to increase new group bookings for the Hotel and to not incur a decrease in overall group meeting business (i.e. all group bookings at the Hotel both of new group business and repeat group business), thus increasing economic development through tourism and business development activity in the Town. The Group Booking Incentives provided by the Town under this Agreement to the Hotel shall not exceed $40,000 during the term of this Agreement. b. Transportation Costs, for which a total sum of $60,000 shall be provided by the Town under this Agreement to cover a portion of the operating cost for bus transportation services provided by the Marriott for guests of the Hotel. Funds disbursed by the Town under this component of the Town’s Hotel Support Program shall be made at the end of each Town fiscal year quarter following submission by Marriott, and acceptance by the Town, of the Quarterly Report for the preceding quarter. The purpose of this component of the Town’s Hotel Support Program is to enhance the Marriott’s ability to increase room nights and retain existing room nights at the Hotel (as reported in Section 4.2 below), thus increasing economic development through tourism and business development activity in the Town. At all times during the term, the name “Westlake, Texas” shall be visibly reflected and marked on both sides of any shuttle buses or vehicles used by the Hotel. Resolution 14-32 Page 4 of 11 4.2. Reports and Filings. On a quarterly basis during the Term, Marriott shall submit a written report to the Town specifically delineating its compliance with this Agreement (the “Quarterly Report”). The Quarterly Report shall be received by the Town Manager no later than thirty (30) days from the end of each quarter. Said Quarterly Report will contain, as a minimum, the following performance measure information for the reporting period in order for the Town to measure the effectiveness of its investment in this grant of public funds to Marriott for this Hotel: • Total funds paid to date aggregate under this Agreement during the contract term to Marriott regarding group incentives of the Town’s Hotel Support Program described in Section 4.1 of this Agreement • Total funds spent to date by Marriott for the activities and purposes set out in Section 4.1 of this Agreement • Increases in average daily occupancy at the Hotel • Decreases in average daily occupancy at the Hotel • Number of room nights generated by new group bookings at the Hotel • Number of room nights generated by repeat group business booking s at the Hotel Average number of bus transportation trips daily to DFW Airport for guests at the Hotel • The number of new group bookings made for the Hotel during the reporting period and the number of repeat group business bookings made for the Hotel during the reporting period. • A brief description of marketing/sales efforts made during the reporting period for the Hotel including: o the number and type of new group sales prospects identified, targeted, and group sales closed by Marriott sales staff during the reporting period o the number and type of new group sales made by contacts from outside the Hotel Marriott • Average number of bus transportation trips daily to off-premise meeting locations for guests at the Hotel • Average number of bus transportation trips daily to other off-premise loc ations (entertainment, shopping, etc) for guests at the Hotel • Operating costs incurred by the Hotel during the quarter for shuttle bus transportation services 4.3. Audits. Per the requirements of State law and the Town ordinance establishing the Town’s hotel-motel occupancy tax, the Town will have the right throughout the Term to audit any and all financial and business records of Marriott that relate to the performance of this Agreement and any other documents necessary to evaluate Marriott ’s compliance with this Agreement or with the goals set forth in this Agreement, including, but not Resolution 14-32 Page 5 of 11 limited to construction documents and invoices (collectively “Records”). Marriott shall make all Records available to the Town at the Hotel or at another location in the Town acceptable to both parties following reasonable advance notice by the Town and shall otherwise cooperate fully with the Town during any audit. 5. DEFAULT, TERMINATION AND FAILURE BY MARRIOTT TO MEET VARIOUS DEADLINES AND COMMITMENTS. 5.1. Continuous Operation. Following the Completion Date, if Marriott fails to continuously operate a full-service hotel at 5 Village Circle, Westlake, Texas, 76262, the Town shall have the right to terminate this Agreement by providing written notice to Marriott wit hout further obligation to Marriott hereunder. 5.2. Failure to Pay Town Taxes or Fees. An event of default shall occur under this Agreement if any legally-imposed Town taxes or fees owed on, or generated by, the hotel become delinquent and Marriott or the Affiliate does not either pay such taxes or follow the legal procedures for protest and/or contest of any such taxes. In this event, the Town shall notify Marriott in writing and Marriott shall have sixty (60) calendar days to cure such default. If the default has not been fully cured by such time, the Town shall have the right to terminate this Agreement immediately by providing written notice to Marriott and shall have all other rights and remedies that may be available to it under the law or in equity. 5.3 Violations of Town Code, State or Federal Law. An event of default shall occur under this Agreement if any written citation is issued to Marriott or an Affiliate due to the occurrence of a violation of a material provision of the Town Code at the Hotel (including, without limitation, any violation of the Town’s Building or Fire Codes and any other Town Code violations related to the environmental condition of the Hotel; or to matters concerning the public health, safety or welfare) and such citation is not paid or the recipient of such citation does not properly follow the legal procedures for protest and/or contest of any such citation. An event of default shall occur under this Agreement if the Town is notified by a governmental agency or unit with appropriate jurisdiction that Marriott or an Affiliate, or any successor in interest thereto, any third party with access to the Hotel pursuant to the express or implied permission of Marriott or an Affiliate, or any a successor in interest thereto, is in violation of any material state or federal law, rule or regulation on account of the Hotel, improvements on the Hotel or any operations thereon (including, without limitation, any violations related to the environmental condition of the Hotel; the environmental condition other land or waters which is attributable to operations on the Hotel; or to matters concerning the public health, safety or welfare). Upon the occurrence of such default, the Town shall notify Marriott in writing and Marriott shall have (i) thirty (30) calendar days to cure such default or (ii) if Marriott has diligently pursued cure of the default but such default is not reasonably curable within thirty (30) calendar days, then Resolution 14-32 Page 6 of 11 such amount of time that the Town reasonably agrees is necessary to cure such default. If the default has not been fully cured by such time, the Town shall have the right to terminate this Agreement immediately by providing written notice to Marriott and shall have all other rights and remedies that may be available to under the law or in equity. 5.4. Unauthorized Use of Funds and Requirement for Repayment to Town. If, during an audit by the Town under the provisions of this Agreement, the Town determines that the proceeds of this grant have not been utilized by Marriott for the purposes outlined in this Agreement, Marriott will be given thirty (30) calendar days to cure (following written notice from the Town) and, if Marriott fails to cure per the written notice from the Town, Marriott shall immediately remit to the Town the entire amount under this Agreement paid by the Town to Marriott during the reporting period during which the Town has identified that Marriott was not in compliance with the terms of this Agreement. If said amount is not remitted to the Town within 30 calendar days from the end of the cure period, that amount demanded for repayment to the Town plus six (6) percent simple interest on the repayment amount shall be due, in full, to the Town. For the purposes of this Section, Simple Interest” is defined as a rate of interest applied to the aggregate amount of the Program Grants paid by the Town to Marriott during the reporting period in which Marriott was in violation of this Agreement . 5.5. Failure to Submit Reports. Without limiting the application of Section 5.6, if Marriott fails to submit any report required by and in accordance with Section 4.2, the Town’s obligation to pay any Program Grants at the time, if any, shall be suspended until Marriott has provided and is current on all reports. 5.6. General Breach. Unless stated elsewhere in this Agreement, Marriott shall be in default under this Agreement if Marriott breaches any term or condition of this Agreement. In the event that such breach remains uncured after thirty (30) calendar days following receipt of written notice from the Town referencing this Agreement (or, if Marriott has diligently and continuously attempted to cure following receipt of such written notice but reasonably requires more than thirty (30) calendar days to cure, then such additional amount of time as is reasonably necessary to effect cure, as determined by both parties mutually and in good faith), the Town shall have the right to terminate this Agreement immediately by providing written notice to Marriott . 6. NO INDEPENDENT CONTRACTOR OR AGENCY RELATIONSHIP. It is expressly understood and agreed that Marriott shall not operate as an independent contractor or as an agent, representative or employee of the Town. Marriott shall have the exclusive right to control all details and day-to-day operations relative to the Hotel Support Program and shall be solely responsible for the acts and omissions of its officers, agents, Resolution 14-32 Page 7 of 11 servants, employees, contractors, subcontractors, licensees and invitees. Marriott acknowledges that the doctrine of respondeat superior will not apply as between the Town and Marriott , its officers, agents, servants, employees, contractors, subcontractors, licensees, and invitees. Marriott further agrees that nothing in this Agreement will be construed as the creation of a partnership or joint enterprise between the Town and Marriott . 7. INDEMNIFICATION. MARRIOTT, AT NO COST OR LIABILITY TO THE TOWN, AGREES TO DEFEND, INDEMNIFY AND HOLD THE TOWN, ITS OFFICERS, AGENTS, ATTORNEYS, SERVANTS AND EMPLOYEES, HARMLESS AGAINST ANY AND ALL CLAIMS, LAWSUITS, ACTIONS, COSTS AND EXPENSES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, THOSE FOR PROPERTY DAMAGE OR LOSS (INCLUDING ALLEGED DAMAGE OR LOSS TO MARRIOTT’ BUSINESS AND ANY RESULTING LOST PROFITS) AND/OR PERSONAL INJURY, INCLUDING DEATH, THAT MAY RELATE TO, ARISE OUT OF OR BE OCCASIONED BY (i) MARRIOTT’ BREACH OF ANY OF THE TERMS OR PROVISIONS OF THIS AGREEMENT; OR (ii) ANY ACT OR OMISSION OR INTENTIONAL MISCONDUCT OF MARRIOTT, ITS OFFICERS, AGENTS, ASSOCIATES, EMPLOYEES, CONTRACTORS (OTHER THAN THE TOWN, OR ITS EMPLOYEES, OFFICERS, AGENTS, ASSOCIATES, CONTRACTORS OR SUBCONTRACTS), OR SUBCONTRACTORS DUE OR RELATED TO OR ARISING FROM OPERATION AND CONDUCT OF THE HOTEL SUPPORT PROGRAM OR OTHERWISE TO THE PERFORMANCE OR OBLIGATIONS OF THIS AGREEMENT. 8. NOTICES. All written notices called for or required by this Agreement shall be addressed to the following, or such other party or address as either party designates in writing, by certified mail, postage prepaid, or by hand delivery: Town: Marriott: Town of Westlake _______________________________ Attn: Town Manager _______________________________ 3 Village Circle, #202 _______________________________ Westlake, Texas 76262 ____________________________________ With Copies to (which shall not constitute notice): Boyle & Lowry, L.L.P. Attn: L. Stanton Lowry 4201 Wingren Dr., Suite 108 Irving, Texas 75062 Resolution 14-32 Page 8 of 11 9. ASSIGNMENT AND SUCCESSORS. Marriott may at any time assign, transfer or otherwise convey any of its rights or obligations under this Agreement to an Affiliate without the approval of the Town so long as Marriott , the Affiliate and the Town first execute an agreement approved by the Town Council of the Town of Westlake under which the Affiliate agrees to assume and be bound by all covenants and obligations of Marriott under this Agreement. Otherwise, Marriott may not assign, transfer or otherwise convey any of its rights or obligations under this Agreement to any other person or entity without the prior consent of the Town Council, conditioned on (i) the prior approval of the assignee or successor and a finding by the Town Council that the proposed assignee or successor is financially capable of meeting the terms and conditions of this Agreement and (ii) prior execution by the proposed assignee or successor of a written agreement with the Town under which the proposed assignee or successor agrees to assume and be bound by all covenants and obligations of Marriott under this Agreement. Any attempted assignment without the Town Council’s prior consent shall constitute a breach and be grounds for termination of this Agreement and following receipt of written notice from the Town to Marriott. Any lawful assignee or successor in interest of Marriott of all rights under this Agreement shall be deemed “Marriott” for all purposes under this Agreement. 10. COMPLIANCE WITH LAWS, ORDINANCES, RULES AND REGULATIONS. This Agreement will be subject to all applicable Federal, State and local laws, ordinances, rules and regulations, including, but not limited to, all provisions of the Town’s codes and ordinances, as amended. 11. GOVERNMENTAL POWERS. It is understood that by execution of this Agreement, the Town does not waive or surrender any of it governmental powers or immunities that are outside of the terms, obligations, and conditions of this Agreement . 12. NO WAIVER. The failure of either party to insist upon the performance of any term or provision of this Agreement or to exercise any right granted hereunder shall not constitute a waiver of that party’s right to insist upon appropriate performance or to assert any such right on any future occasion. 13. VENUE AND JURISDICTION. If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of this Agreement, venue for such action shall lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas – Fort Worth Division. This Agreement shall be construed in accordance with the laws of the State of Texas. Resolution 14-32 Page 9 of 11 14. NO THIRD PARTY RIGHTS. The provisions and conditions of this Agreement are solely for the benefit of the Town and Marriott , and any lawful assign or successor of Marriott , and are not intended to create any rights, contractual or otherwise, to any other person or entity. 15. FORCE MAJEURE. It is expressly understood and agreed by the Parties to this Agreement that if the performance of any obligations hereunder is delayed by reason of war, civil commotion, acts of God, inclement weather, or other circumstances which are reasonably beyond the control or knowledge of the party obligated or permitted under the terms of this Agreement to do or perform the same, regardless of whether any such circumstance is similar to any of those enumerated or not, the party so obligated or permitted shall be excused from doing or performing the same during such period of delay, so that the time period applicable to such requirement shall be extended for a period of time equal to the period such party was delayed. Notwithstanding anything to the contrary herein, it is specifically understood and agreed that Marriott’ failure to obtain adequate financing to complete the Required Improvements by the Completion Deadline shall not be deemed to be an event of force majeure and that this Section 15 shall not operate to extend the Completion Deadline in such an event. 16. INTERPRETATION. In the event of any dispute over the meaning or application of any provision of this Agreement, this Agreement shall be interpreted fairly and reasonably, and neither more strongly for or against any party, regardless of the actual drafter of this Agreement. 17. SEVERABILITY CLAUSE. It is hereby declared to be the intention of the Parties that sections, paragraphs, clauses and phrases of this Agreement are severable, and if any phrase, clause, sentence, paragraph or section of this Agreement shall be declared unconstitutional or illegal by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality or illegality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Agreement since the same would have been executed by the Partie s without the incorporation in this Agreement of any such unconstitutional phrase, clause, sentence, paragraph or section. It is the intent of the Parties to provide the economic incentives contained in this Agreement by all lawful means. 18. CAPTIONS. Captions and headings used in this Agreement are for reference purposes only and shall not be deemed a part of this Agreement. Resolution 14-32 Page 10 of 11 19. ENTIRETY OF AGREEMENT. This Agreement, including any exhibits attached hereto and any documents incorporated herein by reference, contains the entire understanding and agreement between the Town and Marriott , and any lawful assign and successor of Marriott , as to the matters contained herein. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with any provision of this Agreement. Notwithstanding anything to the contrary herein, this Agreement shall not be amended unless executed in writing by both parties and approved by the Town Council of the Town in an o pen meeting held in accordance with Chapter 551 of the Texas Government Code. Resolution 14-32 Page 11 of 11 20. COUNTERPARTS. This Agreement may be executed in multiple counterparts, each of which shall be considered an original, but all of which shall constitute one instrument. EXECUTED as of the last date indicated below: TOWN OF WESTLAKE: ______________________________ ______________________________ a Texas________________________ By: By: Thomas E. Brymer ______________________________ Town Manager ______________________________ Date: Date: APPROVED AS TO FORM AND LEGALITY: By: L. Stanton Lowry Town Attorney EXHIBITS “A” – Town of Westlake Resolution No. 06-19 “B” – Town of Westlake Resolution No. 14-32 “C” – Town of Westlake Hotel Support Program re: Group Booking Incentives for 2014- 2015 TOWN OF WESTLAKE HOTEL SUPPORT PROGRAM Description: A cooperative marketing program designed to assist the Dallas/Fort Worth Marriott Solana Hotel in securing group and convention business. The groups can be new business or groups that have previously met at the hotel but are considering other hotels. Guidelines: Requests for funds shall be submitted at the bid time, not after the group has made their decision to book at the host hotel. Applications may be submitted for groups/conventions that take place in the current fiscal year (October 1 - September 30) or future years. Proposed grou p business shall book a minimum of $10,000 in room night revenue. A maximum of $5,000 is available to each group; however, the amount provided is based on the following process: 10% of the room night revenue calculates the amount allowed, up to a maximum of $5,000. The Town of Westlake shall receive sponsor recognition in all correspondence and at the meeting/convention in an appropriate manner. Upon completion of the event or meeting, a completed Post Meeting Summary is required prior to the release of full financial assistance. The report will be used to evaluate the effectiveness of the Town of Westlake Funds participation, as well as review future participation. Annually, the Marriott Solana will generate a Town of Westlake Funds report to the Town Manager, or his designee, showing the dollars expended and the direct room nights generated via this important resource. Procedures: The Application shall include the following information before it will be reviewed: Hotel Information: Date of Application, Name of Host Hotel Sales Manager and Phone Number. Group Information: Group Name, Contact Name, Address, Phone Number, Program Dates, Estimated Room Nights, Estimated Room Night Revenue, Estimated Catering Revenue, Estimated Outlet Revenue. Miscellaneous Information: Additional information pertinent to the group. Signatures: The Application shall be signed by the host hotel Sales Manager and Director of Sales prior to it being submitted for approval. The Application shall be approved by the Town of Westlake within ten days providing that all of the requested information is received. Once the Application has been approved, the signed application will be sent back to the requesting Sales Manager at the host hotel. The host hotel shall provide the Town of Westlake with a copy of the contract at the time it is signed by the group. Funds shall not be available if this information is not received at least ten days prior to the group/convention. The Town of Westlake may choose to send a welcome letter to the group and offer to provide community brochures or other information to the group/convention attendees. Since funds are reserved for every Application that is approved, the host hotel shall inform the Town of Westlake with written authorization to release the funds should a group choose another destination. Submit Application and Correspondence to: The Town of Westlake Attn: Debbie Piper, Finance Director 3 Village Circle, Suite 202 Westlake, Texas 76262 817 490 5712 Phone 817 430 1812 Fax Disbursement of Funds: At the time of invoice, the host hotel shall submit the following information: 1. A computerized report documenting the actual room nights booked by the group and verification of the actual room night revenue. The disbursement of funds may be reduced based on the program guidelines if the group generated less room night revenue than was originally stated on the Application, 2. Samples of the Town of Westlake's sponsor recognition. Page 1 of 2 estlake Town Council TYPE OF ACTION Regular Meeting - Consent Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consider a Resolution authorizing the Town Manager to execute a change order to increase the contract time of the 1 MG Ground Storage Tank project with RAMA General Contracting by 41 working days. STAFF CONTACT: Jarrod Greenwood, Director of Public Works DECISION POINTS Start Date Completion Date Timeframe: September 22, 2014 September 22, 2014 Funding: Amount - Status- N/A Source- N/A Decision Alignment VVM Perspective Desired Outcome Exemplary Governance Operational Processes OP.Preserve our Infrastructure to Meet the Life Expectancy of our Assets Strategic Issue Outcome Strategy Staff Action Capital Investment 1. Existing Infrastructure Reinvestment (Current Assets) SA 05.3: Capital Reinvestment Page 2 of 2 Strategy Map or VVM Connection Strategic Issue Connection EXECUTIVE SUMMARY The Town Council approved the construction of a 1 million gallon ground storage water tank on June 17, 2013 at a regular Council Meeting at an estimated cost of $1.5 million. A Notice to Proceed was issued on November 7, 2013 with a total contract time of 180 working days. The contractor has requested 41 days to be added to the contract. The original anticipated completion date of July 14, 2014 is proposed to be changed to September 23, 2014. The project was considered substantially complete and the new tank was placed in service on August 18, 2014. During the course of construction the project experienced delays due to inclement weather and unfavorable conditions conducive to steel tank construction. Rain and humidity are closely monitored during construction to ensure welding and painting standards are adhered to. Humidity will prevent the paint from adhering to the steel. The tank’s paint is important as it prevents the stored water from dissolving (corroding) the metal. The contractor has been correcting punch list items over the last two weeks. We are scheduled to conduct a final walk through of the project on Wednesday, September 24th. We are withholding final pay until we have the walk through and all punch list items are resolved. ORGANIZATIONAL HISTORY/RECOMMENDATION Staff has reviewed the contractor’s request and recommends approval. ATTACHMENTS RAMA Change Order request Resolution 14-33 Page 1 of 2 TOWN OF WESTLAKE RESOLUTION NO. 14-33 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, AUTHORIZING THE TOWN MANAGER TO EXECUTE A CHANGE ORDER TO INCREASE THE CONTRACT TIME OF THE 1 MG GROUND STORAGE TANK PROJECT RAMA GENERAL CONTRACTING BY 41 WORKING DAYS. WHEREAS, the state requires water purveyors to provide a safe and adequate supply of water to citizens and water customers within their geographic service area; and WHEREAS, the Town Council authorized the construction of a secondary ground storage tank at the June 17, 2013 regular Council Meeting; and WHEREAS, the Town Council finds that the additional 41 days of contract time requested by Rama General Contracting is in keeping standard construction procedures; and. WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the public. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That , the Town Council of the Town of Westlake, Texas, hereby approves the Change Order from Rama General Contracting for 41 additional days requested for the construction of a 1MG ground storage tank attached here to as Exhibit “A”; and further authorizes the Town Manager to execute on behalf of the Town of Westlake, Texas. SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. Resolution 14-33 Page 2 of 2 SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22ND DAY OF SEPTEMBER 2014. ATTEST: _____________________________ Laura L. Wheat, Mayor ____________________________ ______________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: ____________________________ L. Stanton Lowry, Town Attorney Res 14-33 Res 14-33 5/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwfeb14 1/2 National Weather Service Weather Forecast Office Dallas/Fort Worth, TX F6 - Climate Data Data sets are preliminary and have not undergone final QC by NCDC. Therefore, this data is subject to revision. Final and certified climate data can be accessed at the: National Climatic Data Center Federal Building 151 Patton Avenue Asheville NC 28801-5001 828-271-4800 FAX: 828-271-4876 PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) STATION: FORT WORTH ALLIANCE MONTH: FEBRUARY YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W TEMPERATURE IN F: :PCPN: SNOW: WIND :SUNSHINE: SKY :PK WND ================================================================================ 1 2 3 4 5 6A 6B 7 8 9 10 11 12 13 14 15 16 17 18 12Z AVG MX 2MIN DY MAX MIN AVG DEP HDD CDD WTR SNW DPTH SPD SPD DIR MIN PSBL S-S WX SPD DR ================================================================================ 1 65 38 52 5 13 0 0.00 0.0 0 11.5 24 10 M M 10 8 32 190 2 38 28 33 -14 32 0 0.15 M 0 15.0 24 360 M M 10 1468 29 360 3 38 26 32 -15 33 0 T 0.0 M 5.8 13 360 M M 10 18 15 350 4 46 35 41 -6 24 0 0.10 0.0 0 6.4 14 330 M M 7 1 22 330 5 35 19 27 -20 38 0 0.00 0.0 0 16.9 25 360 M M 8 31 340 6 22 14 18 -29 47 0 0.06 M 0 11.4 21 360 M M 10 189 25 360 7 31 21 26 -21 39 0 0.00 0.0 M 4.1 10 140 M M 10 18 13 140 8 56 29 43 -5 22 0 0.00 0.0 0 7.1 14 130 M M 7 18 20 160 9 45 30 38 -10 27 0 T 0.0 0 7.5 17 10 M M 9 128 21 30 10 34 28 31 -17 34 0 T 0.0 0 13.1 20 10 M M 9 16 24 360 11 35 26 31 -17 34 0 T M 0 10.3 20 10 M M 10 1468 23 10 12 50 27 39 -9 26 0 0.00 0.0 0 4.6 13 320 M M 6 8 18 300 13 68 22 45 -3 20 0 0.00 0.0 0 4.6 14 190 M M 4 20 180 14 70 33 52 4 13 0 0.00 0.0 0 10.1 33 360 M M 4 38 360 15 69 28 49 0 16 0 0.00 0.0 0 5.8 18 190 M M 5 25 170 16 73 36 55 6 10 0 0.00 0.0 0 9.8 22 170 M M 5 18 31 190 17 72 39 56 7 9 0 0.00 0.0 0 8.6 26 360 M M 6 18 35 360 18 81 32 57 8 8 0 0.00 0.0 0 5.8 20 210 M M 2 25 190 19 67 56 62 12 3 0 0.00 0.0 0 11.8 28 180 M M 7 1 38 180 20 71 33 52 2 13 0 0.00 0.0 0 14.1 28 320 M M 4 78 37 320 21 65 26 46 -4 19 0 0.00 0.0 0 7.1 17 190 M M 3 24 190 22 74 47 61 11 4 0 0.00 0.0 0 12.1 20 180 M M 4 28 190 23 67 42 55 5 10 0 0.00 0.0 0 9.3 22 10 M M 3 1 25 10 24 51 36 44 -7 21 0 0.00 0.0 0 5.8 10 110 M M 7 14 50 25 51 40 46 -5 19 0 T 0.0 0 11.4 21 10 M M 10 18 26 360 26 42 22 32 -19 33 0 0.00 0.0 0 12.8 29 10 M M 5 36 20 27 55 16 36 -16 29 0 0.00 0.0 0 5.7 18 170 M M 2 23 170 28 82 41 62 10 3 0 0.00 0.0 0 9.7 20 260 M M 3 26 170 ================================================================================ SM 1553 870 599 0 0.31 0.0 258.2 M 180 ================================================================================ AV 55.5 31.1 9.2 FASTST M M 6 MAX(MPH) MISC ----> # 33 360 # 38 360 ================================================================================ NOTES: # LAST OF SEVERAL OCCURRENCES COLUMN 17 PEAK WIND IN M.P.H. PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) , PAGE 2 STATION: FORT WORTH ALLIANCE MONTH: FEBRUARY YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W Res 14-33 5/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwfeb14 2/2 [TEMPERATURE DATA] [PRECIPITATION DATA] SYMBOLS USED IN COLUMN 16 AVERAGE MONTHLY: 43.3 TOTAL FOR MONTH: 0.31 1 = FOG OR MIST DPTR FM NORMAL: -5.6 DPTR FM NORMAL: -2.33 2 = FOG REDUCING VISIBILITY HIGHEST: 82 ON 28 GRTST 24HR 0.15 ON 2- 2 TO 1/4 MILE OR LESS LOWEST: 14 ON 6 3 = THUNDER SNOW, ICE PELLETS, HAIL 4 = ICE PELLETS TOTAL MONTH: 0.0 INCH 5 = HAIL GRTST 24HR 0.0 6 = FREEZING RAIN OR DRIZZLE GRTST DEPTH: 0 7 = DUSTSTORM OR SANDSTORM: VSBY 1/2 MILE OR LESS 8 = SMOKE OR HAZE [NO. OF DAYS WITH] [WEATHER - DAYS WITH] 9 = BLOWING SNOW X = TORNADO MAX 32 OR BELOW: 2 0.01 INCH OR MORE: 3 MAX 90 OR ABOVE: 0 0.10 INCH OR MORE: 2 MIN 32 OR BELOW: 16 0.50 INCH OR MORE: 0 MIN 0 OR BELOW: 0 1.00 INCH OR MORE: 0 [HDD (BASE 65) ] TOTAL THIS MO. 599 CLEAR (SCALE 0-3) 4 DPTR FM NORMAL 142 PTCLDY (SCALE 4-7) 14 TOTAL FM JUL 1 2568 CLOUDY (SCALE 8-10) 10 DPTR FM NORMAL 508 [CDD (BASE 65) ] TOTAL THIS MO. 0 DPTR FM NORMAL -5 [PRESSURE DATA] TOTAL FM JAN 1 0 HIGHEST SLP M ON M DPTR FM NORMAL -7 LOWEST SLP 29.57 ON 20 [REMARKS] Page Automatically Generated at: Sat Mar 1 08:00:25 2014 National Weather Service Dallas/Fort Worth, TX Weather Forecast Office 3401 Northern Cross Blvd. Fort Worth, TX 76137 817.429.2631 Page Author: FWD Webmaster Web Master's E-mail: sr-fwd.webmaster@noaa.gov Page last modified: 7-Apr-2009 9:42 PM UTC Disclaimer Credits Glossary Privacy Policy About Us Career Opportunities Res 14-33 5/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwmar14 1/2 National Weather Service Weather Forecast Office Dallas/Fort Worth, TX F6 - Climate Data Data sets are preliminary and have not undergone final QC by NCDC. Therefore, this data is subject to revision. Final and certified climate data can be accessed at the: National Climatic Data Center Federal Building 151 Patton Avenue Asheville NC 28801-5001 828-271-4800 FAX: 828-271-4876 PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) STATION: FORT WORTH ALLIANCE MONTH: MARCH YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W TEMPERATURE IN F: :PCPN: SNOW: WIND :SUNSHINE: SKY :PK WND ================================================================================ 1 2 3 4 5 6A 6B 7 8 9 10 11 12 13 14 15 16 17 18 12Z AVG MX 2MIN DY MAX MIN AVG DEP HDD CDD WTR SNW DPTH SPD SPD DIR MIN PSBL S-S WX SPD DR ================================================================================ 1 81 43 62 10 3 0 0.00 0.0 0 6.5 22 150 M M 7 128 28 160 2 58 17 38 -14 27 0 0.05 M 0 19.0 26 320 M M 10 1468 35 350 3 33 13 23 -30 42 0 T M M 11.9 23 340 M M 8 29 340 4 50 23 37 -16 28 0 0.00 0.0 0 3.8 12 140 M M 5 15 120 5 55 28 42 -11 23 0 0.01 0.0 0 6.5 17 120 M M 7 18 25 180 6 54 32 43 -11 22 0 0.00 0.0 0 6.8 18 10 M M 6 18 22 10 7 67 36 52 -2 13 0 0.00 0.0 0 11.9 25 160 M M 5 18 31 150 8 53 37 45 -9 20 0 T 0.0 0 12.0 22 340 M M 8 18 28 340 9 62 36 49 -5 16 0 0.00 0.0 0 6.2 15 340 M M 5 8 17 340 10 77 38 58 3 7 0 0.00 0.0 0 6.9 16 160 M M 1 18 20 190 11 85 51 68 13 0 3 0.00 0.0 0 13.7 33 10 M M 2 40 360 12 60 32 46 -9 19 0 0.00 0.0 0 15.3 29 10 M M 1 37 360 13 67 28 48 -8 17 0 0.00 0.0 0 7.4 16 210 M M 1 22 220 14 73 45 59 3 6 0 0.00 0.0 0 11.3 22 170 M M 5 29 180 15 67 51 59 3 6 0 1.49 0.0 0 8.1 22 270 M M 9 138 31 270 16 55 40 48 -9 17 0 0.00 0.0 0 17.4 31 340 M M 9 1 44 350 17 60 32 46 -11 19 0 0.00 0.0 0 7.3 16 150 M M 4 22 160 18 85 49 67 10 0 2 0.00 0.0 0 15.6 28 360 M M 5 7 36 10 19 64 37 51 -7 14 0 0.00 0.0 0 9.1 23 360 M M 4 7 26 360 20 71 30 51 -7 14 0 0.00 0.0 0 4.9 13 170 M M 0 18 180 21 81 51 66 8 0 1 0.00 0.0 0 11.5 22 210 M M 7 30 190 22 65 49 57 -1 8 0 T 0.0 0 11.0 18 10 M M 9 22 360 23 57 37 47 -12 18 0 0.00 0.0 0 12.5 28 20 M M 6 36 30 24 66 30 48 -11 17 0 0.00 0.0 0 1.6 10 40 M M 2 13 20 25 61 38 50 -9 15 0 0.00 0.0 0 8.3 21 40 M M 0 25 20 26 60 41 51 -9 14 0 0.07 0.0 0 13.0 25 170 M M 7 8 36 160 27 85 56 71 11 0 6 0.02 0.0 0 13.5 25 190 M M 7 1 35 180 28 76 51 64 4 1 0 0.01 0.0 0 9.9 22 10 M M 5 138 30 360 29 73 42 58 -2 7 0 0.00 0.0 0 5.3 15 20 M M 1 8 17 10 30 77 42 60 0 5 0 0.00 0.0 0 12.4 26 150 M M 2 35 180 31 82 56 69 8 0 4 0.00 0.0 0 15.0 23 170 M M 4 32 170 ================================================================================ SM 2060 1191 398 16 1.65 0.0 315.6 M 152 ================================================================================ AV 66.5 38.4 10.2 FASTST M M 5 MAX(MPH) MISC ----> # 33 10 # 44 350 ================================================================================ NOTES: # LAST OF SEVERAL OCCURRENCES COLUMN 17 PEAK WIND IN M.P.H. PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) , PAGE 2 STATION: FORT WORTH ALLIANCE MONTH: MARCH Res 14-33 5/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwmar14 2/2 YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W [TEMPERATURE DATA] [PRECIPITATION DATA] SYMBOLS USED IN COLUMN 16 AVERAGE MONTHLY: 52.4 TOTAL FOR MONTH: 1.65 1 = FOG OR MIST DPTR FM NORMAL: -4.2 DPTR FM NORMAL: -1.58 2 = FOG REDUCING VISIBILITY HIGHEST: 85 ON 27,18 GRTST 24HR 1.49 ON 15-15 TO 1/4 MILE OR LESS LOWEST: 13 ON 3 3 = THUNDER SNOW, ICE PELLETS, HAIL 4 = ICE PELLETS TOTAL MONTH: 0.0 INCH 5 = HAIL GRTST 24HR 0.0 6 = FREEZING RAIN OR DRIZZLE GRTST DEPTH: 0 7 = DUSTSTORM OR SANDSTORM: VSBY 1/2 MILE OR LESS 8 = SMOKE OR HAZE [NO. OF DAYS WITH] [WEATHER - DAYS WITH] 9 = BLOWING SNOW X = TORNADO MAX 32 OR BELOW: 0 0.01 INCH OR MORE: 6 MAX 90 OR ABOVE: 0 0.10 INCH OR MORE: 1 MIN 32 OR BELOW: 10 0.50 INCH OR MORE: 1 MIN 0 OR BELOW: 0 1.00 INCH OR MORE: 1 [HDD (BASE 65) ] TOTAL THIS MO. 398 CLEAR (SCALE 0-3) 9 DPTR FM NORMAL 108 PTCLDY (SCALE 4-7) 18 TOTAL FM JUL 1 2966 CLOUDY (SCALE 8-10) 4 DPTR FM NORMAL 616 [CDD (BASE 65) ] TOTAL THIS MO. 16 DPTR FM NORMAL -12 [PRESSURE DATA] TOTAL FM JAN 1 16 HIGHEST SLP 30.54 ON 3 DPTR FM NORMAL -19 LOWEST SLP 29.47 ON 11 [REMARKS] #FINAL-03-14# Page Automatically Generated at: Fri Apr 4 23:27:37 2014 National Weather Service Dallas/Fort Worth, TX Weather Forecast Office 3401 Northern Cross Blvd. Fort Worth, TX 76137 817.429.2631 Page Author: FWD Webmaster Web Master's E-mail: sr-fwd.webmaster@noaa.gov Page last modified: 7-Apr-2009 9:42 PM UTC Disclaimer Credits Glossary Privacy Policy About Us Career Opportunities Res 14-33 5/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwapr14 1/2 National Weather Service Weather Forecast Office Dallas/Fort Worth, TX F6 - Climate Data Data sets are preliminary and have not undergone final QC by NCDC. Therefore, this data is subject to revision. Final and certified climate data can be accessed at the: National Climatic Data Center Federal Building 151 Patton Avenue Asheville NC 28801-5001 828-271-4800 FAX: 828-271-4876 PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) STATION: FORT WORTH ALLIANCE MONTH: APRIL YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W TEMPERATURE IN F: :PCPN: SNOW: WIND :SUNSHINE: SKY :PK WND ================================================================================ 1 2 3 4 5 6A 6B 7 8 9 10 11 12 13 14 15 16 17 18 12Z AVG MX 2MIN DY MAX MIN AVG DEP HDD CDD WTR SNW DPTH SPD SPD DIR MIN PSBL S-S WX SPD DR ================================================================================ 1 83 63 73 12 0 8 0.00 0.0 0 12.0 23 160 M M 8 28 160 2 81 69 75 14 0 10 0.00 0.0 0 14.6 24 160 M M 8 18 30 160 3 87 56 72 11 0 7 0.58 0.0 0 15.3 32 340 M M 6 13578 40 340 4 65 42 54 -8 11 0 0.00 0.0 0 9.4 26 350 M M 4 38 360 5 57 43 50 -12 15 0 T 0.0 0 6.9 18 120 M M 9 24 100 6 51 45 48 -14 17 0 0.85 0.0 0 8.9 17 40 M M 10 13 24 360 7 67 46 57 -5 8 0 0.10 0.0 0 4.9 32 340 M M 6 3 41 350 8 69 43 56 -6 9 0 0.00 0.0 0 12.1 30 320 M M 1 39 320 9 79 40 60 -3 5 0 0.00 0.0 0 9.4 18 170 M M 1 28 170 10 85 58 72 9 0 7 0.00 0.0 0 16.2 28 190 M M 5 39 170 11 81 59 70 7 0 5 0.00 0.0 0 12.6 21 160 M M 5 8 26 180 12 82 63 73 10 0 8 0.00 0.0 0 16.4 29 170 M M 8 37 160 13 77 55 66 2 0 1 0.26 0.0 0 15.8 28 160 M M 8 1 40 170 14 55 40 48 -16 17 0 T 0.0 0 18.3 30 350 M M 7 38 350 15 62 27 45 -19 20 0 0.00 0.0 0 4.4 12 160 M M 0 16 290 16 67 40 54 -10 11 0 0.00 0.0 0 13.4 26 150 M M 4 37 150 17 63 48 56 -9 9 0 0.06 0.0 0 5.9 15 130 M M 7 1 18 130 18 75 52 64 -1 1 0 0.00 0.0 0 3.1 10 80 M M 6 18 16 80 19 77 47 62 -3 3 0 0.00 0.0 0 6.0 16 170 M M 6 21 170 20 77 60 69 4 0 4 0.78 0.0 0 8.7 17 160 M M 9 138 24 170 21 80 61 71 5 0 6 0.26 0.0 0 5.7 21 330 M M 6 138 28 320 22 81 53 67 1 0 2 0.00 0.0 0 3.7 14 70 M M 1 1 17 50 23 83 56 70 4 0 5 0.00 0.0 0 10.5 23 150 M M 4 1 31 150 24 80 54 67 1 0 2 0.00 0.0 0 11.5 24 310 M M 5 7 31 190 25 80 45 63 -3 2 0 0.00 0.0 0 6.8 16 140 M M 4 24 130 26 80 61 71 4 0 6 0.00 0.0 0 15.3 29 160 M M 8 8 37 150 27 88 63 76 9 0 11 T 0.0 0 11.8 29 160 M M 8 78 38 170 28 80 57 69 2 0 4 0.00 0.0 0 7.3 22 10 M M 5 8 29 360 29 73 52 63 -5 2 0 0.00 0.0 0 13.3 28 320 M M 4 37 310 30 66 40 53 -15 12 0 0.00 0.0 0 11.2 23 340 M M 1 32 350 ================================================================================ SM 2231 1538 142 86 2.89 0.0 311.4 M 164 ================================================================================ AV 74.4 51.3 10.4 FASTST M M 5 MAX(MPH) MISC ----> # 32 340 # 41 350 ================================================================================ NOTES: # LAST OF SEVERAL OCCURRENCES COLUMN 17 PEAK WIND IN M.P.H. PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) , PAGE 2 STATION: FORT WORTH ALLIANCE MONTH: APRIL YEAR: 2014 Res 14-33 5/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwapr14 2/2 LATITUDE: 32 58 N LONGITUDE: 97 19 W [TEMPERATURE DATA] [PRECIPITATION DATA] SYMBOLS USED IN COLUMN 16 AVERAGE MONTHLY: 62.8 TOTAL FOR MONTH: 2.89 1 = FOG OR MIST DPTR FM NORMAL: -1.5 DPTR FM NORMAL: -0.17 2 = FOG REDUCING VISIBILITY HIGHEST: 88 ON 27 GRTST 24HR 1.04 ON 20-21 TO 1/4 MILE OR LESS LOWEST: 27 ON 15 3 = THUNDER SNOW, ICE PELLETS, HAIL 4 = ICE PELLETS TOTAL MONTH: 0.0 INCH 5 = HAIL GRTST 24HR 0.0 6 = FREEZING RAIN OR DRIZZLE GRTST DEPTH: 0 7 = DUSTSTORM OR SANDSTORM: VSBY 1/2 MILE OR LESS 8 = SMOKE OR HAZE [NO. OF DAYS WITH] [WEATHER - DAYS WITH] 9 = BLOWING SNOW X = TORNADO MAX 32 OR BELOW: 0 0.01 INCH OR MORE: 7 MAX 90 OR ABOVE: 0 0.10 INCH OR MORE: 6 MIN 32 OR BELOW: 1 0.50 INCH OR MORE: 3 MIN 0 OR BELOW: 0 1.00 INCH OR MORE: 0 [HDD (BASE 65) ] TOTAL THIS MO. 142 CLEAR (SCALE 0-3) 5 DPTR FM NORMAL 38 PTCLDY (SCALE 4-7) 22 TOTAL FM JUL 1 3108 CLOUDY (SCALE 8-10) 3 DPTR FM NORMAL 654 [CDD (BASE 65) ] TOTAL THIS MO. 86 DPTR FM NORMAL 3 [PRESSURE DATA] TOTAL FM JAN 1 102 HIGHEST SLP M ON M DPTR FM NORMAL -16 LOWEST SLP 29.35 ON 27 [REMARKS] Page Automatically Generated at: Thu May 1 08:00:26 2014 National Weather Service Dallas/Fort Worth, TX Weather Forecast Office 3401 Northern Cross Blvd. Fort Worth, TX 76137 817.429.2631 Page Author: FWD Webmaster Web Master's E-mail: sr-fwd.webmaster@noaa.gov Page last modified: 7-Apr-2009 9:42 PM UTC Disclaimer Credits Glossary Privacy Policy About Us Career Opportunities Res 14-33 7/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwmay14 1/2 National Weather Service Weather Forecast Office Dallas/Fort Worth, TX F6 - Climate Data Data sets are preliminary and have not undergone final QC by NCDC. Therefore, this data is subject to revision. Final and certified climate data can be accessed at the: National Climatic Data Center Federal Building 151 Patton Avenue Asheville NC 28801-5001 828-271-4800 FAX: 828-271-4876 PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) STATION: FORT WORTH ALLIANCE MONTH: MAY YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W TEMPERATURE IN F: :PCPN: SNOW: WIND :SUNSHINE: SKY :PK WND ================================================================================ 1 2 3 4 5 6A 6B 7 8 9 10 11 12 13 14 15 16 17 18 12Z AVG MX 2MIN DY MAX MIN AVG DEP HDD CDD WTR SNW DPTH SPD SPD DIR MIN PSBL S-S WX SPD DR ================================================================================ 1 74 35 55 -13 10 0 0.00 0.0 0 5.6 18 320 M M 3 25 330 2 80 44 62 -6 3 0 0.00 0.0 0 5.7 18 300 M M 3 25 270 3 87 41 64 -5 1 0 0.00 0.0 0 3.5 10 170 M M 0 14 150 4 94 61 78 9 0 13 0.00 0.0 0 11.4 21 160 M M 0 28 160 5 91 58 75 6 0 10 0.00 0.0 0 13.6 24 150 M M 0 32 160 6 86 64 75 5 0 10 0.00 0.0 0 15.7 26 170 M M 3 36 160 7 85 69 77 7 0 12 T 0.0 0 17.2 30 150 M M 7 3 39 150 8 76 63 70 0 0 5 0.26 0.0 0 8.1 18 150 M M 7 13 24 140 9 87 64 76 5 0 11 0.00 0.0 0 7.2 16 170 M M 6 18 23 190 10 88 62 75 4 0 10 0.00 0.0 0 13.3 24 160 M M 1 33 150 11 88 71 80 9 0 15 0.00 0.0 0 18.2 26 160 M M 5 36 160 12 84 58 71 -1 0 6 1.22 0.0 0 12.9 28 160 M M 9 138 36 150 13 68 53 61 -11 4 0 0.27 0.0 0 13.0 23 340 M M 8 1 29 360 14 72 47 60 -12 5 0 0.04 0.0 0 9.0 23 360 M M 4 31 10 15 82 47 65 -8 0 0 0.00 0.0 0 6.9 15 290 M M 3 25 260 16 84 52 68 -5 0 3 0.00 0.0 0 8.1 20 170 M M 6 29 160 17 82 51 67 -6 0 2 0.00 0.0 0 6.8 M M M M 5 23 190 18 82 62 72 -2 0 7 0.00 0.0 0 13.1 23 140 M M 4 32 170 19 85 64 75 1 0 10 0.00 0.0 0 15.9 25 170 M M 6 35 170 20 86 67 77 3 0 12 0.00 0.0 0 14.9 25 170 M M 5 33 170 21 88 68 78 4 0 13 0.00 0.0 0 13.2 21 160 M M 5 29 150 22 87 67 77 2 0 12 0.00 0.0 0 10.2 21 150 M M 5 25 150 23 83 69 76 1 0 11 0.00 0.0 0 9.1 17 160 M M 8 25 170 24 86 68 77 2 0 12 0.03 0.0 0 9.5 29 150 M M 8 38 150 25 86 69 78 2 0 13 0.01 0.0 0 7.3 17 160 M M 9 22 150 26 81 66 74 -2 0 9 0.06 0.0 0 6.3 20 150 M M 8 13 25 140 27 79 63 71 -5 0 6 0.50 0.0 0 3.6 13 180 M M 6 13 17 180 28 83 64 74 -3 0 9 T 0.0 0 5.9 16 30 M M 5 1 21 10 29 89 63 76 -1 0 11 0.00 0.0 0 5.6 12 30 M M 2 15 20 30 88 66 77 0 0 12 0.00 0.0 0 7.5 14 40 M M 5 20 40 31 87 68 78 1 0 13 0.00 0.0 0 5.6 12 100 M M 5 18 14 90 ================================================================================ SM 2598 1864 23 247 2.39 0.0 303.9 M 151 ================================================================================ AV 83.8 60.1 9.8 FASTST M M 5 MAX(MPH) MISC ----> # 30 150 # 39 150 ================================================================================ NOTES: # LAST OF SEVERAL OCCURRENCES COLUMN 17 PEAK WIND IN M.P.H. PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) , PAGE 2 STATION: FORT WORTH ALLIANCE MONTH: MAY Res 14-33 7/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwmay14 2/2 YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W [TEMPERATURE DATA] [PRECIPITATION DATA] SYMBOLS USED IN COLUMN 16 AVERAGE MONTHLY: 72.0 TOTAL FOR MONTH: 2.39 1 = FOG OR MIST DPTR FM NORMAL: -0.8 DPTR FM NORMAL: -2.73 2 = FOG REDUCING VISIBILITY HIGHEST: 94 ON 4 GRTST 24HR 1.22 ON 12-12 TO 1/4 MILE OR LESS LOWEST: 35 ON 1 3 = THUNDER SNOW, ICE PELLETS, HAIL 4 = ICE PELLETS TOTAL MONTH: 0.0 INCH 5 = HAIL GRTST 24HR 0.0 6 = FREEZING RAIN OR DRIZZLE GRTST DEPTH: 0 7 = DUSTSTORM OR SANDSTORM: VSBY 1/2 MILE OR LESS 8 = SMOKE OR HAZE [NO. OF DAYS WITH] [WEATHER - DAYS WITH] 9 = BLOWING SNOW X = TORNADO MAX 32 OR BELOW: 0 0.01 INCH OR MORE: 8 MAX 90 OR ABOVE: 2 0.10 INCH OR MORE: 4 MIN 32 OR BELOW: 0 0.50 INCH OR MORE: 2 MIN 0 OR BELOW: 0 1.00 INCH OR MORE: 1 [HDD (BASE 65) ] TOTAL THIS MO. 23 CLEAR (SCALE 0-3) 7 DPTR FM NORMAL 11 PTCLDY (SCALE 4-7) 20 TOTAL FM JUL 1 3131 CLOUDY (SCALE 8-10) 4 DPTR FM NORMAL 665 [CDD (BASE 65) ] TOTAL THIS MO. 247 DPTR FM NORMAL -8 [PRESSURE DATA] TOTAL FM JAN 1 349 HIGHEST SLP 30.28 ON 13 DPTR FM NORMAL -24 LOWEST SLP 29.62 ON 11 [REMARKS] #FINAL-05-14# Page Automatically Generated at: Tue Jun 3 05:35:35 2014 National Weather Service Dallas/Fort Worth, TX Weather Forecast Office 3401 Northern Cross Blvd. Fort Worth, TX 76137 817.429.2631 Page Author: FWD Webmaster Web Master's E-mail: sr-fwd.webmaster@noaa.gov Page last modified: 7-Apr-2009 9:42 PM UTC Disclaimer Credits Glossary Privacy Policy About Us Career Opportunities Res 14-33 7/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwjun14 1/2 National Weather Service Weather Forecast Office Dallas/Fort Worth, TX F6 - Climate Data Data sets are preliminary and have not undergone final QC by NCDC. Therefore, this data is subject to revision. Final and certified climate data can be accessed at the: National Climatic Data Center Federal Building 151 Patton Avenue Asheville NC 28801-5001 828-271-4800 FAX: 828-271-4876 PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) STATION: FORT WORTH ALLIANCE MONTH: JUNE YEAR: 2014 LATITUDE: 32 58 N LONGITUDE: 97 19 W TEMPERATURE IN F: :PCPN: SNOW: WIND :SUNSHINE: SKY :PK WND ================================================================================ 1 2 3 4 5 6A 6B 7 8 9 10 11 12 13 14 15 16 17 18 12Z AVG MX 2MIN DY MAX MIN AVG DEP HDD CDD WTR SNW DPTH SPD SPD DIR MIN PSBL S-S WX SPD DR ================================================================================ 1 92 68 80 2 0 15 0.00 0.0 0 8.1 20 150 M M 3 1 M M 2 92 73 83 5 0 18 0.00 0.0 0 10.3 20 150 M M 5 25 160 3 92 73 83 5 0 18 0.00 0.0 0 9.2 17 160 M M 4 24 150 4 94 74 84 6 0 19 0.00 0.0 0 12.0 21 170 M M 3 29 180 5 91 74 83 4 0 18 0.00 0.0 0 10.7 22 170 M M 4 29 150 6 93 73 83 4 0 18 0.00 0.0 0 10.1 18 170 M M 5 28 150 7 96 75 86 7 0 21 0.00 0.0 0 10.3 20 220 M M 6 28 200 8 88 67 78 -1 0 13 0.24 0.0 0 6.3 22 310 M M 8 1 29 290 9 80 62 71 -9 0 6 0.90 0.0 0 7.7 29 320 M M 6 13 38 320 10 84 64 74 -6 0 9 0.00 0.0 0 9.3 21 310 M M 3 28 310 11 94 59 77 -3 0 12 0.00 0.0 0 7.9 20 150 M M 1 29 140 12 84 68 76 -4 0 11 0.14 0.0 0 8.1 26 360 M M 7 13 32 130 13 88 71 80 0 0 15 0.00 0.0 0 7.1 13 120 M M 4 17 30 14 91 75 83 2 0 18 0.00 0.0 0 11.7 23 170 M M 6 31 170 15 94 74 84 3 0 19 0.00 0.0 0 14.0 24 160 M M 4 32 160 16 95 74 85 4 0 20 0.00 0.0 0 14.1 24 170 M M 5 31 170 17 95 76 86 5 0 21 0.00 0.0 0 14.2 23 180 M M 5 33 160 18 95 76 86 5 0 21 0.00 0.0 0 14.5 24 130 M M 7 31 170 19 94 75 85 3 0 20 T 0.0 0 9.8 29 160 M M 8 38 39 160 20 93 73 83 1 0 18 0.00 0.0 0 6.3 14 160 M M 8 18 160 21 90 76 83 1 0 18 T 0.0 0 6.4 13 170 M M 10 17 190 22 83 68 76 -6 0 11 0.59 0.0 0 8.4 22 180 M M 7 1 32 170 23 86 66 76 -6 0 11 0.91 0.0 0 5.3 29 300 M M 6 13 45 300 24 92 68 80 -2 0 15 0.52 0.0 0 4.0 24 180 M M 8 13 36 170 25 84 68 76 -6 0 11 1.61 0.0 0 6.5 22 90 M M 8 13 29 90 26 89 72 81 -2 0 16 0.00 0.0 0 11.1 20 160 M M 7 26 160 27 91 71 81 -2 0 16 0.00 0.0 0 14.2 26 160 M M 6 37 170 28 90 77 84 1 0 19 0.00 0.0 0 14.9 25 150 M M 7 33 170 29 93 77 85 2 0 20 0.00 0.0 0 13.8 24 160 M M 5 31 170 30 94 74 84 1 0 19 0.00 0.0 0 14.7 22 170 M M 1 31 160 ================================================================================ SM 2717 2141 0 486 4.91 0.0 301.0 M 167 ================================================================================ AV 90.6 71.4 10.0 FASTST M M 6 MAX(MPH) MISC ----> # 29 320 # 45 300 ================================================================================ NOTES: # LAST OF SEVERAL OCCURRENCES COLUMN 17 PEAK WIND IN M.P.H. PRELIMINARY LOCAL CLIMATOLOGICAL DATA (WS FORM: F-6) , PAGE 2 STATION: FORT WORTH ALLIANCE MONTH: JUNE YEAR: 2014 Res 14-33 7/15/2014 NWS http://www.srh.noaa.gov/fwd/climo/climodata.php?file=afwjun14 2/2 LATITUDE: 32 58 N LONGITUDE: 97 19 W [TEMPERATURE DATA] [PRECIPITATION DATA] SYMBOLS USED IN COLUMN 16 AVERAGE MONTHLY: 81.0 TOTAL FOR MONTH: 4.91 1 = FOG OR MIST DPTR FM NORMAL: 0.3 DPTR FM NORMAL: 0.66 2 = FOG REDUCING VISIBILITY HIGHEST: 96 ON 7 GRTST 24HR 2.07 ON 24-25 TO 1/4 MILE OR LESS LOWEST: 59 ON 11 3 = THUNDER SNOW, ICE PELLETS, HAIL 4 = ICE PELLETS TOTAL MONTH: 0.0 INCH 5 = HAIL GRTST 24HR 0.0 6 = FREEZING RAIN OR DRIZZLE GRTST DEPTH: 0 7 = DUSTSTORM OR SANDSTORM: VSBY 1/2 MILE OR LESS 8 = SMOKE OR HAZE [NO. OF DAYS WITH] [WEATHER - DAYS WITH] 9 = BLOWING SNOW X = TORNADO MAX 32 OR BELOW: 0 0.01 INCH OR MORE: 7 MAX 90 OR ABOVE: 21 0.10 INCH OR MORE: 7 MIN 32 OR BELOW: 0 0.50 INCH OR MORE: 5 MIN 0 OR BELOW: 0 1.00 INCH OR MORE: 1 [HDD (BASE 65) ] TOTAL THIS MO. 0 CLEAR (SCALE 0-3) 4 DPTR FM NORMAL 0 PTCLDY (SCALE 4-7) 24 TOTAL FM JUL 1 3131 CLOUDY (SCALE 8-10) 2 DPTR FM NORMAL 665 [CDD (BASE 65) ] TOTAL THIS MO. 486 DPTR FM NORMAL 15 [PRESSURE DATA] TOTAL FM JAN 1 835 HIGHEST SLP 30.06 ON 24 DPTR FM NORMAL -9 LOWEST SLP 29.66 ON 12 [REMARKS] #FINAL-06-14# Page Automatically Generated at: Fri Jul 4 13:24:51 2014 National Weather Service Dallas/Fort Worth, TX Weather Forecast Office 3401 Northern Cross Blvd. Fort Worth, TX 76137 817.429.2631 Page Author: FWD Webmaster Web Master's E-mail: sr-fwd.webmaster@noaa.gov Page last modified: 7-Apr-2009 9:42 PM UTC Disclaimer Credits Glossary Privacy Policy About Us Career Opportunities Res 14-33 Page 1 of 2 estlake Town Council TYPE OF ACTION Regular Meeting - Action Item Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consider amending the Town of Westlake Code of Ordinances, Article III, Landscaping, Section 98-83 Irrigation Requirements. STAFF CONTACT: Jarrod Greenwood, Director of Public Works DECISION POINTS Start Date Completion Date Timeframe: September 22, 2014 September 22, 2014 Funding: N/A Amount - N/A Status- N/A Source- N/A Decision Alignment VVM Perspective Desired Outcome Sense of Place Customer Focus CF.Promote Community Health, Safety & Welfare Strategic Issue Outcome Strategy Staff Action Comprehensive Planning and Management of Natural Resources 10. Investigate and review of environmental preservation and conservation opportunities. SA 09D1: Ordinances Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY The City of Fort Worth recently updated their water conservation measures. Neighboring wholesale customers have adopted updated conservation measures consistent with the City of Fort Worth’s. The Town of Westlake’s water contract with the City of Fort Worth stipulates in Sec 2.5 that the Town must adopt similar requirements: “If Fort Worth in any way restricts, rations, or conserves the use of water throughout its CCN as authorized by the then Fort Worth City Council and adopted by ordinance, the Customer agrees to institute , apply, and enforce the same rationing, conservation measures, or restrictions to the use of water by the customers of Customer for so long as any part of the total water supply of the Customer is being furnished by Fort Worth.” The proposed changes will update the Westlake Landscape Irrigation Conservation ordinance to be consistent with the City of Fort Worth’s. ORGANIZATIONAL HISTORY/RECOMMENDATION Staff recommends approval. ATTACHMENTS Ordinance - Exhibit A Ordinance 734 Page 1 of 4 TOWN OF WESTLAKE ORDINANCE NO. 734 AN ORDINANCE OF THE TOWN OF WESTLAKE, TEXAS, AMENDING CHAPTER 98, VEGETATION, ARTICLE III, LANDSCAPE REQUIREMENTS, SECTION 98-83 OF THE TOWN OF WESTLAKE CODE OF ORDINANCES, SUB-SECTION (C) IRRIGATION CONSERVATION, AS AMENDED; PROVIDING A PENALTY CLAUSE; PROVIDING A CUMULATIVE CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE; AUTHORIZING PUBLICATION; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the Town of Westlake Town Council finds conservation of water and protection of water supplies are in the best interest of its citizens; and WHEREAS, The Town of Westlake is obligated to implement and enforce conservations efforts as acknowledged in the Town’s current water contract with the City of Fort Worth; and WHEREAS, The Town Council desire to amend the provisions of Section 98-83 related to irrigation requirements in the Town of Westlake, Texas: NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That all matters stated in the preamble are found to be true and correct and are incorporated herein as if copied in their entirety. SECTION 2: Chapter 98, Vegetation, Article III, Landscape Requirements, Section 98- 83 of the Town of Westlake Code of Ordinances, as amended, is hereby further amended as follows: ARTICLE II: Landscaping Sec. 98-83. Irrigation requirements. (c) Irrigation conservation. (1) Lawns and landscaping may be watered on any day, at any time, by handheld hose, drip irrigation, a soaker hose or tree bubbler. (The intent of this measure is to allow for the protection of structural foundations, trees, and other high value landscape materials). Except for hand watering, drip irrigation and the use of soaker hoses, a Person may only irrigate, water, or cause or permit the irrigation or watering of any lawn or landscape, inclusive of structural foundations, trees, and other high value landscape materials, located on premises owned, leased, or managed by that Person (i) on a day designated as an outdoor water use day for the property’s address as shown below; and (ii) between the hours of 12 midnight to 10 a.m. and 6 p.m. to 11:59 p.m. on such day. Ordinance 734 Page 2 of 4 a. Residential addresses ending in an even number (0, 2, 4, 6 or 8) may water on Wednesdays and Saturdays. b. Residential addresses ending in an odd number (1, 3, 5, 7 or 9) may water on Thursdays and Sundays. c. All non-residential locations (apartment complexes, businesses, industries, parks, street and/or roadway medians, etc.) may water on Tuesdays and Fridays. (2) Except for hand watering, drip irrigation and the use of soaker hoses, a Person commits an offense if that Person irrigates, waters, or causes or permits the irrigation or watering of any lawn or landscape located on premises owned, leased, or managed by that Person between the hours of 10:00 a.m. and 6:00 p.m. (3) Except for hand watering, drip irrigation and the use of soaker hoses, a Person commits an offense if that Person irrigates, waters, or causes or permits the irrigation or watering of any lawn or landscape located on premises owned, leased, or managed by that Person on a day that is not designated as an outdoor water use for that property address as shown in subsection (1) above. (4) A Person commits an offense if a Person knowingly or recklessly irrigates, waters, or causes or permits the irrigation or watering of a lawn or landscape located on premises owned, leased or managed by the Person in a manner that causes: a. a substantial amount of water to fall upon impervious areas instead of a lawn or landscape, such that a constant stream of water overflows from the lawn or landscape onto a street or other drainage area; or b. an irrigation system or other lawn or landscape watering device to operate during any form of precipitation. (5) A Person commits an offense if, on premises owned, leased, or managed by that Person, a Person operates a lawn or landscape irrigation system or device that: a. has any broken or missing sprinkler head; or b. has not been properly maintained in a manner that prevents the waste of water. (6) Affirmative Defenses a. It shall be an affirmative defense to prosecution of an offense in Section 98-83 (1) that at the time such Person irrigates, waters, or causes or permits the irrigation or watering of any lawn or landscape, such activity was for the purpose of: i. dust control of a sports field; or ii. the maintenance, repair, or testing of an irrigation system. b. The activity described in subsection (6) a, i and ii may only occur within a period of two (2) days no more than once every thirty (30) days. Any such activity requiring a longer period or greater frequency shall require a variance as provided by subsection (7). Ordinance 734 Page 3 of 4 (7) Variances a. The Town Manager or his/her designee may grant variances to the twice per week watering and irrigation restrictions and schedule, if one or more of the following conditions are met: i. Failure to grant such a variance would cause an emergency condition adversely affecting health, sanit ation, or fire safety for the public or the Person requesting the variance; ii. Compliance with the watering and irrigation restrictions and/or schedule cannot be accomplished due to technical or other limitations; or iii. Alternative methods that achieve the same level of reduction in water use can be implemented. b. The Town Manager or his/her designee may grant variances to allow for establishment of hydromulch, grass sod, or grass seed for new lawns. c. Variances shall be granted or denied at the discretion of the Town Manager or his/her designee. All petitions for variances shall be in writing and shall include the following: i. Name and address of the petitioner(s); ii. Purpose of the water use; iii. Specific provisions from which relief is requested; iv. Detailed statement of the adverse effect of the provision from which relief is requested; v. Description of the relief requested; vi. Period of time for which the variance is sought; vii. Alternative measures that will be taken to reduce water use; and viii. Other pertinent information requested. (8) A Person who irrigates, waters, or causes or permits the irrigation or watering by use of an alternative water source such as a well, reclaimed or reused water, or water from the Trinity River is exempt from prosecution if that Person has: a. Registered such alternative water source with the Town; b. Provided sufficient proof to the Town that the alternative water source is from a well, reclaimed or reused water or from the Trinity River and has allowed inspection by the Town if deemed necessary; and c. Complied with the Town’s most recently adopted plumbing codes and state laws rela ted the installation of devices for cross-connection and backflow protection. (9) Additional water conservation and drought contingency measures, as identified in Chapter 94 of the Town of Westlake Code of Ordinances, may be implemented by the Town of Westlake as required by the City of Fort Worth. (10) Enforcement. The Town of Westlake shall share enforcement of water restrictions, drought contingency, and conservation measures as required by the City of Fort Worth. Ordinance 734 Page 4 of 4 SECTION 3: That all provisions of this Ordinance shall remain in full force and effect. SECTION 4: That this Ordinance shall be cumulative of all other Town Ordinances and all other provisions of other Ordinances adopted by the Town which are inconsistent with the terms or provisions of this Ordinance are hereby repealed. SECTION 5: That any person, firm or corporation violating any of the provisions or terms of this ordinance shall be subject to the same penalty as provided for in the Code of Ordinances of the Town of Westlake, and upon conviction shall be punishable by a fine not to exceed the sum of Two Thousand Dollars ($2,000.00) for each offense. Each day that a violation is permitted to exist shall constitute a separate offense. SECTION 6: It is hereby declared to be the intention of the Town Council of the Town of Westlake, Texas, that sections, paragraphs, clauses and phrases of this Ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this Ordinance shall be declared legally invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such legal invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Ordinance since the same would have been enacted by the Town Council of the Town of Westlake without the incorporation in this Ordinance of any such legally invalid or unconstitutional, phrase, sentence, paragraph or section. SECTION 7: This ordinance shall take effect immediately from and after its passage as the law in such case provides. PASSED AND APPROVED ON THIS 22ND DAY OF SEPTEMBER 2014. _____________________________ ATTEST: Laura Wheat, Mayor ____________________________ ______________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: ____________________________ L. Stanton Lowry, Town Attorney Page 1 of 2 estlake Town Council TYPE OF ACTION Regular Meeting - Action Item Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consider amending the Town of Westlake Code of Ordinances, Chapter 94, Utilities, Article II, Water and Wastewater, Section 94-33 Drought contingency plan. STAFF CONTACT: Jarrod Greenwood, Director of Public Works DECISION POINTS Start Date Completion Date Timeframe: September 22, 2014 September 22, 2014 Funding: N/A Amount - N/A Status- N/A Source- N/A Decision Alignment VVM Perspective Desired Outcome Sense of Place Customer Focus CF.Promote Community Health, Safety & Welfare Strategic Issue Outcome Strategy Staff Action Comprehensive Planning and Management of Natural Resources 10. Investigate and review of environmental preservation and conservation opportunities. SA 09D1: Ordinances Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY The City of Fort Worth recently updated their Drought Contingency Plan. Neighboring wholesale customers have adopted updated drought contingency conservation measures consistent with the City of Fort Worth’s. The Town of Westlake’s water contract with the City of Fort Worth stipulates in Sec 2.5 that the Town must adopt similar requirements: “If Fort Worth in any way restricts, rations, or conserves the use of water throughout its CCN as authorized by the then Fort Worth City Council and adopted by ordinance, the Customer agrees to institute , apply, and enforce the same rationing, conservation measures, or restrictions to the use of water by the customers of Customer for so long as any part of the total water supply of the Customer is being furnished by Fort Worth.” The proposed changes will update the Drought Contingency ordinance to be consistent with the City of Fort Worth’s. ORGANIZATIONAL HISTORY/RECOMMENDATION Staff recommends approval. ATTACHMENTS Ordinance - Exhibit A Ordinance 735 Page 1 of 3 TOWN OF WESTLAKE ORDINANCE NO. 735 AN ORDINANCE OF THE TOWN OF WESTLAKE, TEXAS, AMENDING CHAPTER 94, UTILITIES, ARTICLE II, WATER AND WASTEWATER, SECTION 94-33, DROUGHT CONTINGENCY, OF THE TOWN OF WESTLAKE CODE OF ORDINANCES, AS AMENDED; PROVIDING A PENALTY CLAUSE; PROVIDING A CUMULATIVE CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE; AUTHORIZING PUBLICATION; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the Town of Westlake Town Council finds conservation of water and protection of water supplies are in the best interest of its citizens; and WHEREAS, The Town of Westlake is obligated to implement and enforce drought contingency efforts as acknowledged in the Town’s current water contract with the City of Fort Worth; and WHEREAS, The Town Council desire to amend the provisions of Section 94-33 related to drought contingency in the Town of Westlake, Texas Code of Ordinances: NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That all matters stated in the preamble are found to be true and correct and are incorporated herein as if copied in their entirety. SECTION 2: Chapter 94, Utilities, Article II, Water and Wastewater, Section 94-33 of the Town of Westlake Code of Ordinances, as amended, is hereby further amended as follows: ARTICLE II: WATER; WASTEWATER Sec. 94-33. Drought Contingency Plan (a) Adoption. The Town of Westlake shall enforce drought contingency measures stipulated by the City of Fort Worth via the most recently adopted City of Fort Worth Drought Contingency Plan. Such measures will constitute the Town of Westlake Drought Contingency Plan. (b) Implementation. The town shall implement the drought contingency plan whenever required by the City of Fort Worth. The town will provide public notice of the effective dates any time a stage of the plan is elevated or terminated by the City of Fort Worth at the next available regularly scheduled meeting of the Town Council. (c) Dro ught contingency plan measures. Ordinance 735 Page 2 of 3 (1) Outdoor watering is prohibited between the hours of 10:00 a.m. and 6:00 p.m. (2) Outdoor watering is permitted only on the day designated as an outdoor water use day for the property’s address as adopted by Ordinance in Chapter 98 of the Town of Westlake Code of Ordinances (3) Irrigation must not result in a substantial amount of water to fall upon impervious areas instead of a lawn or landscape, such that a constant stream of water overflows from the lawn or landscape onto a street or other drainage area. (4) An irrigation system or other lawn watering device may not operate during any form of precipitation. (5) An irrigation system with broken or missing sprinkler heads may not be operated until repaired. (6) An irrigation system that has not been properly maintained in a manner that prevents the waste of water may not be operated until repaired. (7) All Westlake water customers supplied with irrigation by private water well must post signs identifying the private well irrigation system, clearly post the sign in the front yard of the residence or business, and maintain the sign for the duration of the drought. (8) Additional water conservation and drought contingency measures, as identified in Chapter 98 of the Town of Westlake Code of Ordinances, may be implemented by the Town of Westlake or as required by the City of Fort Worth. (d) Enforcement. The Town of Westlake shall share enforcement of water restrictions, drought contingency, and conservation measures as required by the City of Fort Worth. SECTION 3: That all provisions of this Ordinance shall remain in full force and effect. SECTION 4: That this Ordinance shall be cumulative of all other Town Ordinances and all other provisions of other Ordinances adopted by the Town which are inconsistent with the terms or provisions of this Ordinance are hereby repealed. SECTION 5: That any person, firm or corporation violating any of the provisions or terms of this ordinance shall be subject to the same penalty as provided for in the Code of Ordinances of the Town of Westlake, and upon conviction shall be punishable by a fine not to exceed the sum of Two Thousand Dollars ($2,000.00) for each offense. Each day that a violation is permitted to exist shall constitute a separate offense. SECTION 6: It is hereby declared to be the intention of the Town Council of the Town of Westlake, Texas, that sections, paragraphs, clauses and phrases of this Ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this Ordinance shall be declared legally invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such legal invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Ordinance since the same would have been enacted by the Town Council of the Town of Westlake without the incorporation in this Ordinance of any such legally invalid or unconstitutional, phrase, sentence, paragraph or section. Ordinance 735 Page 3 of 3 SECTION 7: This ordinance shall take effect immediately from and after its passage as the law in such case provides. PASSED AND APPROVED ON THIS 22ND DAY OF SEPTEMBER 2014. ____________________________________ ATTEST: Laura Wheat, Mayor ____________________________ ______________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: ____________________________ L. Stanton Lowry, Town Attorney Page 1 of 2 estlake Planning and Zoning Commission/ Town Council TYPE OF ACTION Regular Meeting - Action Item Westlake Planning & Zoning Commission Meeting Monday, September 15, 2014 Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: PD 1-3 zoning district amendment to Side Yard Setbacks STAFF CONTACT: Eddie Edwards, Director of Planning and Development DECISION POINTS Start Date Completion Date Timeframe: September 15, 2014 September 22, 2014 Funding: Amount - None. Status- N/A Source- N/A . Decision Alignment VVM Perspective Desired Outcome Sense of Place Operational Processes CF.Promote Community Health, Safety & Welfare Strategic Issue Outcome Strategy Staff Action N/A N/A N/A Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY The applicant is seeking to have the Side Yard Setback requirements amended from twenty feet to fifteen feet. The majority of the lots in the Granada subdivision are less than 30,000 square feet and the builders that are going to be building in Granada have been building in Vaquero for the past several years and are accustomed to having fifteen foot side yards on lots less than 30,000 square feet. They desire to build similar house designs in Granada but the larger first floor foot print s won’t fit on the lots with the twenty foot side yards. ORGANIZATIONAL HISTORY/RECOMMENDATION The requested fifteen foot side yard requirement would be consistent with what was approved for Vaquero’s similar sized lots and with the Development Standards in the Code of Ordinances for straight zoned property. On September 15, 2014 the Planning and Zoning Commission unanimously voted to recommend approval of the amendment. ATTACHMENTS Exhibit: • Proposed ordinance. Ordinance 736 Page 1 of 3 TOWN OF WESTLAKE ORDINANCE NO. 736 AN ORDINANCE AMENDING THE PLANNED DEVELOPMENT ZONING DISTRICT, PLANNING AREA 3, (PD1-3), AS ADOPTED BY ORDINANCE NO. 693; CHANGING THE DEVELOPMENT STANDARDS BY REDUCING THE SIDE YARD SETBACKS FROM TWENTY FEET TO FIFTEEN FEET; PROVIDING A SAVINGS CLAUSE; PROVIDING A PENALTY CLAUSE; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the Town of Westlake, Texas is a general law Town; and WHEREAS, on February 25, 2013, the Town Council (sometimes referred to as the Council") of the Town of Westlake, Texas (the " Town"), approved the PD1-3 Zoning District by passing Ordinance No. 693 (the "PD1-3 Zoning District Ordinance"); and WHEREAS, the Commission and Council held public hearings upon the application of Scott Simmons, on behalf of the property owner, to amend the Development Standards of the PD1-3 Zoning District Ordinance by reducing the Side Yard Setbacks from twenty feet to fifteen feet, after written notice of such hearing having been sent to owners of real property being within 200 feet of the property and notice being published in a newspaper of general circulation in the Town, all in accordance with law; and WHEREAS, upon the recommendation of the Planning and Zoning Commission, the Town Council of the Town of Westlake, Texas, is of the opinion that it is in the best interests of the town and its citizens that the amendments to ( Exhibit " 2") of the PD1-3 Zoning District approved by Ordinance No. 693 should be approved and adopted; NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That the recitals set forth above are hereby incorporated herein, adopted by the Town and declared to be true and correct. SECTION 2: That the Ordinance No. 693, approving the PD 1-3 Zoning District Ordinance of the Town of Westlake, Texas, is hereby amended by this Ordinance, by amending Exhibit 2, Article III Development Standards, Section 9 Side Yard Setbacks, to read as follows: The minimum side yard shall be 15 feet. The Town Manager or his/ her designee may approve a reduction of the required setback by a maximum of five ( 5) feet to accommodate unique site conditions including the preservation of old growth trees. SECTION 3: It is hereby declared to be the intention of the Town Council of the Town of Westlake, Texas, that sections, paragraphs, clauses and phrases of this Ordinance are Ordinance 736 Page 2 of 3 severable, and if any phrase, clause, sentence, paragraph or section of this Ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Ordinance since the same would have been enacted by the Town Council of the Town of Westlake without the incorporation in this Ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 4: That all provisions of Ordinance 693 not hereby amended shall remain in full force and effect. SECTION 5: That this Ordinance shall be cumulative of all other Town Ordinances and all other provisions of other Ordinances adopted by the Town which are inconsistent with the terms or provisions of this Ordinance are hereby repealed. SECTION 6: That any person, firm or corporation violating any of the provisions or terms of this ordinance shall be subject to the same penalty as provided for in the Code of Ordinances of the Town of Westlake, and upon conviction shall be punishable by a fine not to exceed the sum of Two Thousand ($ 2, 000.00) for each offense. Each day that a violation is permitted to exist shall constitute a separate offense. SECTION 7: This ordinance shall take effect immediately from and after its passage as the law in such case provides. PASSED AND APPROVED ON THIS 22nd DAY OF SEPTEMBER, 2014. __________________________________ Laura Wheat, Mayor ATTEST: _________________________________ ___________________________________ Kelly Edwards, Town Secretary Tom Brymer, Town Manager APPROVED AS TO FORM: __________________________________ L. Stanton Lowry, Town Attorney Ordinance 736 Page 3 of 3 This page is for reference only and not a part of the ordinance. _________________________________________________________________ The following is attached to Ord. 693 as Exhibit 2: TOWN OF WESTLAKE ORDINANCE NO. 693 EXHIBIT 2 PD1 PLANNING AREA 3 ( PD1- 3) SINGLE FAMILY RESIDENTIAL ARTICLE III. DEVELOPMENT STANDARDS SECTION 9 SIDE YARD SETBACKS The minimum side yard shall be 20 feet. The Town Manager or his/ her designee may approve a reduction of the required setback by a maximum of five (5) feet to accommodate unique site conditions including the preservation of old growth trees. Page 1 of 3 estlake Town Council TYPE OF ACTION Regular Meeting - Action Item Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Conduct a Public Hearing and Consideration of Ordinance, Adopting the Town of Westlake Estimated Budget for the fiscal year ending September 30, 2014, Adopting the Proposed Budget for the fiscal Year ending September 30, 2015 including Investment Policy, Fiscal and Budgetary Policies, Restricted, Committed and Assigned Fund Balances, and Providing Authorization to the Town Manger to approve appropriated funds up to $25,000. STAFF CONTACT: Tom Brymer, Town Manager Debbie Piper, Finance Director DECISION POINTS Start Date Completion Date Timeframe: October 1, 2014 September 30, 2015 Funding: Amount - $30,912,416 Status- Funded Source- N/A The Town of Westlake’s Proposed FY 2014-2015 budget totals $30,912,416 for all funds (including $3,278,510 transfers in from fund balance for operating, debt service, capital projects, major maintenance and equipment replacement needs). Decision Alignment VVM Perspective Desired Outcome Service Excellence Financial Stewardship FS.Sustain Fiscal Health Strategic Issue Outcome Strategy Staff Action Fiscal Stewardship & Organizational Effectiveness 5. Budget according to established service level provisions within departments. SA 05.1: Budget Preparation Strategy Map or VVM Connection Strategic Issue Connection EXECUTIVE SUMMARY Page 2 of 3 “Community Growth on the Horizon.” The selection of any budget theme is intended to bring into focus how resources are recommended to be prioritized and used in order to take the next step in achieving or creating our vision, mission and community values for Westlake. This budget has been prepared keeping this theme in mind. The FY 14-15 budgeted amount totals $30,902,416 for all funds (including $3,278,510 transfers in from fund balance for capital projects and operating needs). This represents a 21% fund balance decrease from the FY 2013-14 estimated budget. If only municipal operating expenses were taken into consideration (removal of all expenses related to capital projects/outlay, Westlake Academy and inter-fund transfers), the FY 2014-15 proposed budget would show an increase of $1,456,082 (14%) in municipal expenditures from the FY 2013-14 estimates. The major reasons for this increase are the following: Increase of $696K in Operating Expenditures  $214K increased payments for debt service obligations. Payment for the 2014 General Obligation Refunding Bonds for FY 2014/2015 will be $260,510. The Town took advantage of the low interest rates and refunded a portion of the 2003 Certificates of Obligation (CO) which reduced our overall payments; saving the Town approximately $15K annually. The principal payment of the refunded CO’s was rolled into the refunding; therefore, no principal payment was made in FY 2013-14.  $100K for finalization of the 2014 Comprehensive Plan and $200K in contingency for Ordinance revisions/codifications, maps, and other recommended updates  $300K for future Westlake resident enrollment capacity Increase of $759K in Payroll Expenditures  This includes an increase in base costs of $71,394 to maintain our current staff levels along with $65,000 in market pay adjustments (inclusive of taxes and insurance) for work force attraction and $54K in performance based pay, and a newly recommended allocation of $8K for cell phone reimbursement of various staff members (Directors and on-call technicians). A portion of this increased expenditure is subsidized by transfers in from the Utility Fund ($30K) and the Visitors Association Fund ($92K)  This increase also includes the following personnel changes o $35,753 – transition of part -time Communication Specialist to full-time o $77,987 – addition of one full-time Firefighter / Paramedic o $19,592 – replacement of part-time Deputy Court Clerk  Transition of shared services employees to municipal budget o $68,503 – Accounting Technician o $120,860 – IT Director  $130,144 increase relating to medical, dental and life Insurance costs (40%)  $16,931 increase for social security and Medicare taxes (08%)  $89,840 increase for ICMA and TMRS costs (46%) Page 3 of 3 Three years ago, in order to provide a more holistic and comprehensive overview of all of our financial obligations, revenue sources, and program of services that fall under the umbrella of the Town of Westlake, we began including the operational costs for Westlake Academy in the municipal budget. ORGANIZATIONAL HISTORY/RECOMMENDATION This Public Hearing has been advertised as required by law. The recommendation is to first conduct and close the Public Hearing, followed by Council discussion as needed. Additionally, it is recommended to adopt the FY 2014-15 municipal budget as proposed. ATTACHMENTS Proposed FY 2014-15 Municipal Budget Ordinance Ordinance 737 Page 1 of 2 TOWN OF WESTLAKE ORDINANCE NO. 737 AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, REVISING THE BUDGET FOR THE 2013-2014 FISCAL YEAR; ADOPTING THE BUDGET FOR THE TOWN OF WESTLAKE, TEXAS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015 INCLUDING INVESTMENT POLICY, FISCAL AND BUDGETARY POLICIES, RESTRICTED, COMMITTED AND ASSIGNED FUND BALANCES; PROVIDING AUTHORIZATION TO THE TOWN MANGER TO APPROVE APPROPRIATED FUNDS UP TO $25,000; PROVIDING THAT THE BUDGET TO BE K EPT IN CITY SECRETARY’S OFFICE; PROVIDING FOR A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, public notice of a public hearing on the proposed annual budget, stating the date, time, and place and subject matter of the public hearing, was given as required by the laws of the State of Texas and ; and WHEREAS, a public hearing was duly held and all interested persons were given an opportunity to be heard for or against any item therein on September 22, 2014; and, WHEREAS, as required by Texas Local Government Code 102.002, the budget officer has prepared a municipal budget to cover the proposed expenditures of the municipal government for the succeeding year; and, WHEREAS, the Town Council finds that the passage of this Ordinance is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety SECTION 2: That the Town Council hereby adopts the revised budget for the fiscal year beginning October 1, 2013 and ending September 30, 2014 as shown within Exhibit “A.” SECTION 3: That the Town Council does hereby approve the proposed Municipal Budget attached as Exhibit “A”, adopting the budget for the fiscal year beginning October 1, 2014 and ending September 30, 2015. SECTION 4: That the Town Council hereby gives the Town Manager authorization to approve any appropriated funds up to the amount of $25,000. Ordinance 737 Page 2 of 2 SECTION 5: That a copy of the official adopted 2014-2015 budget document shall be kept on file in the office of the Town Secretary. SECTION 6: If any portion of this Ordinance shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Ordinance without the invalid provision. SECTION 7: That this Ordinance shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22nd DAY OF SEPTEMBER 2014. ATTEST: ________________________________ Laura L. Wheat, Mayor _______________________________ _________________________________ Kelly Edwards, Town Secretary Thomas E. Brymer, Town Manager APPROVED AS TO FORM: _____________________________ L. Stanton Lowry, Town Attorney TT OO WW NN OO FF WW EE SS TT LL AA KK EE FF II SS CC AA LL YY EE AA RR 22 00 11 44 --22 00 11 55 THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $36,595 OR 2.73%, AND OF THAT AMOUNT, $43,951 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR. Table of Contents 1. EXECUTIVE Transmittal Letter 1 Introduction 2 Investments and Achievements 3 Budget Theme, Trends and Overview 4 “Community Growth on the Horizon” 6 Budget Overview 10 Ad Valorem Tax Analysis 11 Proposed Budget in a Multi-Year Context 11 Closing Thoughts 12 2013 Citizen Survey Results regarding Town Services 13 2013 Citizen Survey Results regarding Satisfaction Financial Analysis and Summaries – All Funds 15 Three Year Analysis Comparison 16 Current Year Analysis Personnel and Organization 18 Organizational Chart 19 Personnel Position Summary – All Years 20 Personnel Position Summary 2. GENERAL FUND 24 Program Summary 25 Fund Overview 3. SPECIAL REVENUE FUNDS 4B Economic Development Fund 200 31 Program Summary 32 Fund Overview Economic Development Fund 210 33 Program Summary 34 Fund Overview Lone Star Public Facilities 418 35 Program Summary 36 Fund Overview Visitors Association Fund 220 37 Program Summary 38 Fund Overview 4. DEBT SERVICE FUND 40 Program Summary 41 Fund Overview 42 Long Term Debt Summary Table of Contents 5. ENTERPRISE FUND Cemetery Fund 255 45 Program Summary 46 Fund Overview Utility Fund 500 47 Program Summary 48 Fund Overview 6. INTERNAL SERVICE FUNDS Utility Maintenance & Replacement Fund 510 53 Program Summary 54 Fund Overview 55 Five Year Projection General Maintenance & Replacement Fund 600 56 Program Summary 57 Fund Overview 58 Five Year Projection 7. WESTLAKE ACADEMY FUND 199 59 Program Summary 60 Fund Overview 61 Executive Summary 8. CAPITAL PROJECT FUND Capital Project Fund 410 83 Program Summary 84 Fund Overview 85 Five Year Projection Westlake Academy Expansion Fund 412 86 Program Summary 87 Fund Overview 88 Five Year Projection 9. CAPITAL IMPROVEMENT PLAN 91 Capital Improvement Summary 95 Approved Capital Projects – 5 Year Projection 96 Unfunded Capital Projects – 5 Year Projection 10. LONG TERM PLANNING 141 Eight Year Financial Forecast Narrative 142 Eight Year Financial Forecast - All Municipal Funds 11. APPENDIX 150 Glossary of Terms 156 Fiscal and Budgetary Policies – Town of Westlake 169 Investment Policy TRANSMITTAL LETTER September 22, 2014 Honorable Mayor and Town Council: I. INTRODUCTION: BUDGET APPROACH, FORMAT, AND METHODOLOGY On behalf of the Town of Westlake’s Senior Leadership Team, it is my pleasure to submit for your consideration the Proposed FY 2014-15 Budget. This year’s budget theme is “Community Growth on the Horizon”. Our community is growing through the addition of a new housing development, potential mixed-use project, and the completion of expansion at Westlake Academy. We are also experiencing organization growth with the high performance organization framework and our strategic visioning with the Balanced Scorecard. Budget Approach As required by State law, the Town’s Proposed FY 2014-15 municipal budget has been prepared with the base assumption that the Town’s first priority is to have a balanced budget. The budget has also been prepared according to these criteria: • It is our priority to fund and deliver high quality core municipal services along with academic services for our citizens, students and stakeholders. • Service levels are in alignment with residential feedback regarding priorities from our most recent 2013 Direction Finders (citizens’) survey results and the Town’s strategic planning efforts through our comprehensive work in identifying strategic themes, outcome objectives, and staff initiatives. Budget Format: Governing & Managing for Outcomes As our community has grown our organization has developed a comprehensive governance system through the use of our citizen survey results, policy development by the governing board, and our strategic framework with a strategy map to help guide staff efforts to achieve our mission and vision for the Town. Our system also integrates the following elements: • Five (5) year financial, personnel, and equipment forecasting, budgeting, and performance measurement linked to strategic priorities, objectives, and outcomes to ensure a long term approach that provides financial sustainability • Aligning resources to prioritized outcomes • Reporting to monitor progress in outcome achievement and accountability for results • Utilizing citizen surveys to gauge service satisfaction levels with Town services and resident willingness to pay for those services • Maintaining core services • Funding and implementing a Five (5) Year Capital Improvement Plan (CIP) and major maintenance and replacement Budget Methodology Certain assumptions, parameters, and approaches were utilized as the budget document was prepared, which are consistent with our overall Town philosophy of focusing on fiscal stewardship and responsibility while providing services for our community. These include: • Readily identifying and tracking cost increases as they relate to maintaining or increasing services 1 TRANSMITTAL LETTER • Identifying the use of fund balance(s), inter-fund transfers, employee compensation increases • Adherence to the Council’s financial policies • Maintaining minimum fund balances that exceed the Council policy requirements (90 day fund balance) • Conservative revenue estimating that identifies one-time and on-going revenues • Review of all base budgets, as well as service level adjustments due to cost increase and/or inflation. Programs of service were analyzed and ‘scrubbed’ during budget review sessions with the Senior Leadership Team. • Estimated expenditures for current levels of service in FY 2014-15 were achieved by: o Adjusting for actual spending in FY 2013-14 o Deducting one-time FY 2013-14 expenditures to create the base budget for the coming fiscal year. Any anticipated cost increases (due to inflation or program cost escalations) were identified and separated from the current base budget in the form of Service Level Adjustments (SLA’s). II. INVESTMENTS AND ACHIEVEMENTS Over the previous fiscal year, the Town has achieved and/or is continuing to work toward important initiatives and projects that will allow us to balance our “distinctive development, trails, and quality of life amenities amidst an ever expanding urban landscape.” These include: • Achievement and recognition for our transparency efforts and our fiscal stewardship through receipt of the following: o Distinguished Budget Presentation Award from the Governmental Finance Officers Association (GFOA) marking the 7th year in a row that we have received this honor for our municipal budget and the 5th year for our educational services budget (Westlake Academy). o International Award for Budget Excellence from the Association of School Business Officials International for the past five years. o Certificate of Achievement for Excellence in Financial Reporting for our Comprehensive Annual Financial Report (CAFR), also known as the annual audit which has also been recognized through GFOA for the last six years. o Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR), by converting much of the CAFR document into an easy-to-read format for our residents. This was the Town’s second year to achieve this award. • Invested in an update of our current Comprehensive Planning document as we began working with the Town Council, residents, and appointed steering committee members to memorialize our community vision in the new document. Our current version was compiled in 1992 and many changes have occurred since that time. Progress continues through the facilitation efforts of an outside consultant and the committee with the final completion planned for FY 2014-15. • Invested in the 3rd iteration of our strategic plan through the use of the Balanced Scorecard system. Council members worked with an outside consultant to create strategic themes and updated our vision, mission, and values statements for Westlake. Staff then identified outcome objectives, created a Tier One Strategy Map, and developed performance measures for Council adoption. • Invested in the Town’s open enrollment charter school as Westlake Academy, completed its 11th year of operation and graduated our 5th class of seniors with 53 students. We continue to have excellent academic and extra-curricular results. 2 TRANSMITTAL LETTER • Installation of a secondary ground storage water tank for future sustainability and service provision levels. • Achievements as Westlake Academy continues to be ranked among the best high schools in America: o Washington Post ranked us as 36th out of 1,900 schools across the nation. • Invested in the Town’s CIP ($10.5M) mainly through focus on the expansion of our physical plant at Westlake Academy ($8.2). o Invested approximately $1.6M in streetscape improvements on FM 1938 (Davis Blvd) with median plantings and sidewalk installation, which is now in its final stages of completion. o Invested a total of $500K in the Town’s infrastructure through enhancements on SH 114/170 in partnership with our surrounding communities for bridge and overpass paintings, plantings in medians and entry monuments. III. BUDGET THEMES, TRENDS, & OVERVIEW As stated previously, the theme for the proposed budget is “Community Growth on the Horizon”. In 2010-11, the Council set an ad valorem tax rate to address our financial sustainability, and also began investing in our infrastructure through our Capital Improvement Plan to help maintain the sense of place for Westlake. We have also experienced growth in residential developments, a potential mixed-use project, physical plant expansion at the Academy and multiple avenues of organizational growth. Prior Fiscal Year’s Budget Theme Over the last several years, we have incorporated a ‘theme’ into our budget document identifying the current trends or issues facing our community and as a method to focus our service provision levels for our community. The last few themes are shown below: • FY 2011-12 ~ “Investing in Our Future” (ad valorem property tax implemented to stabilize our revenue streams and provide for financial sustainability) • FY 2012-13 ~ “Driving Service Excellence” (focused on our ability to deliver excellent customer service) • FY 2013-14 ~ “Moving Forward Together: A Growing Community, A Growing School” (expansion at the Academy and infrastructure reinvestment) Proposed Fiscal Year’s Budget Theme Over the past year, our community has had the opportunity to invest in our growth through the approval of zoning for a new single family housing development and potentially a mixed-use project. This type of growth pattern will provide for another 82 homes in Granada, at the corner of Solana Blvd. and FM 1938/Davis Blvd., with substantial exterior public open-space, trails and water amenities. The proposed Entrada mixed-use development, along SH 114, is planned to be constructed over the next several years. It would include both commercial and residential components and feature a Spanish village theme. At Westlake Academy, we are in the final stages of completing approximately 35,000 square feet of academic space to allow for decompression in the school, multi-use space for the primary students, and a field house for athletic instruction/events. We are also expanding student enrollment by approximately 100 students for SY 14-15. 3 TRANSMITTAL LETTER 5 10 12 28 40 50 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 FY 14/15 Number of Housing Starts Our staff team development has also experienced substantial growth with the high performance organization (HPO) model and strategic visioning strides with the Balanced Scorecard system. The implementation of the HPO processes has resulted in extensive team building opportunities, expanded collaboration in service delivery methods, and the encourage of leadership at all levels of our organization. As a result, we restructured our customer service staff members to streamline their efforts in the main municipal lobby, developed a staff driven mission ‘tag line’, and are working toward creating team centered value statements. The HPO method allows us to convey the importance of leadership and customer centered service delivery for our residents. As a component of these efforts, the Balanced Scorecard has been deployed as a lever to enhance our HPO development. A comprehensive strategic plan is an important system within the HPO framework. Both of these organizational growth and professional development efforts will help to focus our staff initiatives in the stated direction of our vision for the community. The selection of any budget theme is intended to bring into focus how resources are recommended to be prioritized and used in order to take the next step in achieving or creating our vision, mission and community values for Westlake. These significant growth opportunities lend itself to our proposed budget theme for FY 14-15: IV. “COMMUNITY GROWTH ON THE HORIZON” FY 2014-15 Short Term Trends and Planning Related to the Proposed Budget Over the history of our Town, municipal budgets have been prepared with an eye toward being fiscally conservative, while providing the high quality customer service that our residents have come to expect in Westlake. As a component of our budgets, we also identify current trends to be stewards of our community. Some of these factors can be found below: • Reinvestment in our community through the replacement of our fire pumper truck during the coming fiscal year. As our rolling stock continues to age, we will need to reinvest in our assets in order to maintain the exceptional levels of service we strive to deliver. The replacement truck will allow us to rotate the current vehicle to a back-up status as it is experiencing multiple repair events. • Housing Start Increases: Westlake is expecting continued single family residential construction as a result of Granada. This is depicted in the side-chart – prerecession starts were at 38 per year and we are estimating 50 for the coming fiscal year. • Permanent Population Growth: The North Central Council of Governments has updated Westlake’s 2010 Census from 992 to 1,051. This is the portion of our population that is considered to be our permanent residence. An increase in population of 210 in 1990 to the present 1,051 represents a 400% increase. • Daytime Population: Because Westlake is the home of many major corporate office campuses, its Monday-Friday daytime population swells to approximately 10,000 - 12,000 individuals. These office complexes are comprised of notable corporate clients that include Deloitte LLP, Core Logic and Fidelity Investments. Staff will continue to monitor our 4 TRANSMITTAL LETTER 165 153 164 215 254 274 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 FY 14/15 Number of Westlake Students in Westlake Academy 1265 844 705 1027 2079 2177 FY 08/09 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 Waiting List for Westlake Academy corporate stakeholders and attempt to identify avenues to strengthen these relationships and assist in drawing new corporations to Westlake. • Continued Impact of Westlake Academy on Residential Growth: The number of Westlake residents who are selecting Westlake Academy as the educational choice for the students has doubled in the past five years. Resident surveys indicate that the Academy is one of the main reasons they moved to Westlake, and why they plan to remain in our community. • Increase in Westlake Academy Overall Enrollment: The Academy has experienced steady enrollment growth from 491 in SY 2009-10 to a projected 822 in SY 2014-15. The current increase of student population is a result of the Phase I expansion efforts on the Academy campus. We are completing the construction of three buildings that will accommodate the new students. The lottery waiting list for admissions continues to grow from 700 in 2010 to over 2,100 students for this coming school year. • Completion of Phase I Facility Improvements: Construction will be complete and operational for the fall school year. The approximately 39,000 sq. ft. of new facilities comprised of a secondary classroom building, field house, and primary years’ multi-use building will allow for decompression of our current facilities. • Continued work on the Comprehensive Plan: The Town’s current 1992 Comprehensive Plan is in the process of review and updating. The Comprehensive Plan serves as the “blue print” for planning and growth. We have convened a steering committee and held public meetings to discuss the plan elements and expect to be complete within the current fiscal year. • Sales Tax Growth: Sales tax for FY 2014-15 indicates an increase of $135,000 (3%) compared to FY 2013-14 estimated levels. Long Term Visioning for FY 2014-2015 and Beyond Long range planning and visioning is vital to the sustainability of any community and Westlake has a bright outlook for our future – much of this based on our governing board, residential commitment to our Town and the diligence of our staff members. The following trends will be important to our growth and development: • Continued Permanent Population Growth - We anticipate the trend toward growth will continue as our existing lot inventory continues to be a scarce commodity. In addition, the aforementioned residential and mixed-use developments have the potential to significantly increase our permanent population. • Management of Development – As the economy and the surrounding cities in the Metroplex experience commercial development and the influx of individuals continues to make the North Texas Region their home, we will need to manage our distinctive 5 TRANSMITTAL LETTER housing developments to ensure we maintain our community as an ‘oasis of natural beauty’ as contained in our Vision statement. • Implementation of the Comprehensive Plan – As mentioned in the short term trends, the Town will complete the updating of our Comp Plan and will transition into the application phase of the recommendations and feedback from our Comprehensive Plan Steering Committee, residents and stakeholders, Planning & Zoning Committee Members, and our Town Council. This will include the update of the applicable ordinance documents that will help guide our future developments and all the corresponding plan elements. • Oversight of Enrollment Demands at Westlake Academy – As it becomes necessary, the rollout of Phase II of the Facility Master Plan, staff and the Council will plan for our long term visioning of the school to ensure each child reaches their ‘highest individual potential’ as a student at Westlake Academy. The impact of new housing developments and population growth will continue to drive our capital projects in the future. V. BUDGET OVERVIEW On behalf of the Senior Leadership Team and all Westlake staff members, I am presenting the Proposed FY 2014-15 budget document for the Council’s consideration as follows: • A = The FY 2014-15 budgeted expenditure amount totals $30,912,416 for all funds • B = Fund balance will decrease 21% from the FY 2013-14 estimated budget. • CDE = this decrease includes $3,278,510 transfers in from fund balance. Operating needs total $2.1M with capital project transfers at $1.1M. • F&G = If only municipal operating expenses were taken into consideration (removal of all expenses related to capital projects/outlay, Westlake Academy and inter-fund transfers), the FY 2014-15 proposed budget would show a 13% increase of $1,456,082 in municipal expenditures from the FY 2013-14 estimates. • The major reasons for this increase are the following: o Increase of $696K in Operating Expenditures  $214K increased payments for debt service obligations. Payment for the 2014 General Obligation Refunding Bonds for FY 2014/2015 will be $260,510. The Town took advantage of the low interest rates and refunded a portion of the 2003 Certificates of Obligation (CO) which reduced our overall payments; saving the Town approximately $15K annually. The principal payment of the refunded CO’s was rolled into the refunding; therefore, no principal payment was made in FY 2013-14.  $100K for finalization of the 2014 Comprehensive Plan and $200K in contingency for Ordinance revisions/codifications, maps, and other recommended updates A $30,902,419 Total Expenditures & Other Uses B -21% Fund Balance Change percent C $2,117,105 Transfers Related to Operating Needs D $1,161,405 Transfers Related to Capital Projects E $3,278,510 Total Transfers from Fund Balance F $1,456,082 Municipal Operating Change G 13% Municipal Operating Percent 6 TRANSMITTAL LETTER  $300K for future Westlake resident enrollment capacity o Increase of $759K in Payroll Expenditures  This includes an increase in base costs of $71,394 to maintain our current staff levels along with $65,000 in market pay adjustments (inclusive of taxes and insurance) for work force attraction and $54K in performance based pay, and a newly recommended allocation of $8K for cell phone reimbursement of various staff members (Directors and on-call technicians). A portion of this increased expenditure is subsidized by transfers in from the Utility Fund ($30K) and the Visitors Association Fund ($92K)  This increase also includes the following personnel changes o $35,753 – transition of part-time Communication Specialist to full-time o $77,987 – addition of one full-time Firefighter / Paramedic o $19,592 – additional part-time Deputy Court Clerk  Transition of shared services employees to municipal budget o $ 68,503 – Accounting Technician o $120,860 – IT Director  $130,144 increase relating to medical, dental and life Insurance costs (40%)  $16,931 increase for social security and Medicare taxes (08%)  $89,840 increase for ICMA and TMRS costs (46%) Three years ago, in order to provide a more holistic and comprehensive overview of all of our financial obligations, revenue sources, and program of services that fall under the umbrella of the Town of Westlake, we began including the operational costs for Westlake Academy in the municipal budget. A summary of the changes in Fund Balance from the ending fund balances to the projected FY 2014-15 fund balances are as follows: FY 14/15 Revision 3 Revision 3 FY 14/15 Projected Total Total Projected Beginning Revenues Expenditures Ending FY 13/14 vs FY 14/15 Fund and Other and Other Fund Percent Change Change Fund Type Balance Sources Uses Balance of Total Amount Percent General Fund 5,896,631 7,935,456 8,605,971 5,226,116 43% (670,515) -11% Special Revenue 1,069,684 2,533,603 2,689,602 913,685 8% (155,999) -15% Debt Service (11,865) 2,306,523 2,294,658 - 0% 11,865 0% Enterprise Funds 4,716,918 3,476,624 3,803,059 4,390,484 35% (326,435) -7% Internal Services 1,183,176 728,875 1,467,000 445,051 4% (738,125) -62% Capital Funds 1,661,420 3,042,400 4,203,805 500,015 4% (1,161,405) -70% Westlake Academy 1,060,425 7,612,293 7,848,324 824,394 7% (236,031) -22% TOTAL 15,576,390 27,635,774 30,912,419 12,299,745 100% 3,276,645 -21% As can be seen above, the FY 2014-15 proposed budget indicates a decrease in fund balance in the amount of ($3,276,645) for all Town funds. The Internal Service Funds have a reduction in fund balance related specifically to the purchase of a replacement engine/pumper truck, totaling ($730K). • We currently deploy a 2003 engine/pumper truck which has been in for repairs on a routine basis. 7 TRANSMITTAL LETTER The Capital Project Fund balance reduction of $1.161M is a direct reflection of the construction of the following projects: • FM1938 Streetscape Project $1M • Sam School, E. Dove, and Roanoke Road Reconstruction and Drainage $819K • Park Improvements $100K • Land cost allocation for Fire Station $1.125M to be offset with bond proceeds The General Fund’s fund balance will decrease by $670K • The Town is anticipating an increase in revenues over the prior year by $864K o increased sales tax revenue $101K o Permits and fees related to the Granada development $450K o Transfers in from Utility Fund for repayment of Ground Storage Water Tank $256K • Increase of $557K in Payroll Expenditures o This includes an increase in base costs of $71,394 to maintain our current staff levels along with $65,000 in market pay adjustments (inclusive of taxes and insurance) for work force attraction and $54K in performance based pay, and a newly recommended allocation of $8K for cell phone reimbursement of various staff members (Directors and on-call technicians). A portion of this increased expenditure is subsidized by transfers in from the Utility Fund ($30K) and the Visitors Association Fund ($92K) o This increase also includes the following personnel changes  $35,753 – transition of part-time Communication Specialist to full-time  $77,987 – addition of one full-time Firefighter / Paramedic  $19,592 – replacement of part-time Deputy Court Clerk o Transition of shared services employees to municipal budget  $68,503 – Accounting Technician  $120,860 – IT Director o $130,144 increase for medical, dental and life Insurance costs (40%) o $16,931 increase for social security and Medicare taxes (08%) o $89,840 increase for ICMA and TMRS costs (46%) • Operating expenditures and transfers out increased $1M o $300K – future Westlake resident enrollment capacity o $ 42K – increase to Keller Police contract services o $520K – transfer to Capital Projects Fund o $168K – transfer to Debt Service Fund VI. “EXPANSIVE LOOK” INTO THE FY 2014-15 BUDGET AND STRATEGIC DIRECTIVES Keeping our current year theme in mind, this budget has been prepared with the following four– fold strategic focus of achieving the outcome objectives identified in our Strategy Map of “Preserving Desirability & Quality of Life” and “Increasing our Citizen, Student, and Stakeholder Satisfaction”: • Continued investment and long term visioning in the Town’s infrastructure helping to “Encourage Westlake’s Unique Sense of Place” • Investing in our employees, our most important resource for achieving our Mission Tag Line as a “One-of-a-kind community; natural oasis - providing an exceptional level of service.” 8 TRANSMITTAL LETTER • Maintaining our position as a premiere knowledge based community as educational leaders, as well as a community recognized both statewide and nationally for our innovative approaches to local government service delivery • Dealing with growth “that maintains our open spaces in balance with distinctive development, trails, and quality of life amenities” found in our vision statement, both in Westlake and at Westlake Academy Service Level Adjustments The Town utilizes “service level adjustments” to create an organizational outcome of being fiscal stewards and tracking our cost increases or decreases. A service level adjustment (SLA) is a request for any dollars in excess of the baseline/target budget. (FY 2013-14 adopted budget, adjusted for year-end estimates, less one-time purchases). There are 2 types of “Service Level Adjustments”. • Maintain - same level of service as previous year, but increased due to inflation, etc. o Activities that require additional resources to maintain the current level of service due to growth, new equipment, etc. are considered additions to the baseline/target budget and are included in the “SLA”. • New or expanded level of service. o All requests for new personnel, programs or equipment that represent a new addition to the current operation are considered additions to the baseline/target budget and are included in the new costs. o Show any revenues or reduction in current expenses these new or expanded levels of service will create o Designate if item represents an “Unfunded Mandate”. An unfunded mandate is a statute or regulation that requires a state or local government to perform certain actions, yet provides no money for fulfilling the requirements. To support our theme of “Community Growth on the Horizon” the proposed FY 2014-15 budget reflects a total of $4,008,497 in service level adjustments which is invested in major areas of emphasis through service level adjustments as follows: SERVICE LEVEL ADJUSMENT TYPE TOTAL AMOUNT ONE-TIME COSTS ON-GOING COSTS Operating Supplies/Service 750,373 136,020 614,353 Payroll and Related 543,211 0 543,211 Total Operating SLA Costs 1,293,584 136,020 1,157,564 Capital Improvement 5,578,789 5,465,305 113,484 Debt Service 259,114 0 259,114 Total All SLA Costs 7,131,487 5,601,325 1,530,162 percentage 79% 21% Increased Revenues 3,122,990 2,335,000 787,990 percentage 75% 25% Staff recommends continued monitoring and implementation of our financial policy as it relates to remaining competitive in the marketplace. We are fortunate to have engaged, long-term employees (with a wealth of institutional knowledge) who help to create the type of environment that our residents enjoy - one that focuses on the creation of the personal relationship with as many of our stakeholders as possible and an organization that is committed to being accessible and responsive to our community. Our current financial policy directs us to 9 TRANSMITTAL LETTER aim for a target of being within 3% of the median of the market for our various municipal positions. As we are a multi-faceted service delivery unit – through both municipal and academic service delivery – the ability to remain competitive in the marketplace is important to our long term success. The incremental, consistent approach helps us to retain (and when necessary to attract) the type of candidates that are committed to servant leadership in service delivery without experiencing a large increase due to a lag in our compensation allocations. In support of this process, the current fiscal year contains a performance based pay package of $54,000. VII. AD VALOREM TAX ANALYSIS Ad valorem taxes account for 16% of General Fund revenue and 10% of our overall revenues. This will be the fifth year the Town has assessed a property tax. The ad valorem tax rate for the Town of Westlake continues to be the lowest for municipalities in the immediate area. The proposed ad valorem tax rate per $100 of assessed valuation will be the calculated effective rate of $.15634 for FY 2014-15. This is less than the FY 2013-2014 tax rate of $.15684 by $0.0005. As a reminder, the effective tax rate is the total tax rate calculated to raise the same amount of property tax revenue for the Town from the same properties in both the 2013 tax year and the 2014 tax year. The variance in the revenues received with the current rate and the proposed rate is only $4K. This year’s property tax levy will raise more revenue from property taxes than in the preceding year by $36,595 or 2.73%, and of that amount, $43,951 is tax revenue to be raised from new property added to the tax roll for the current year. The ad valorem tax rate used in this proposed FY 2014- 15 budget compared to the prior year rate is noted in the table to the right. Below is a table noting our prior year tax information as well as the estimated rate and revenue for FY 2014-15. Based on our July certified values, the Town’s “net taxable value” increased by $26,875,626 (3.15%) over September’s supplemental information for FY 13-14. This is attributable to a 5.3% increase in residential but offset by a 3.7% decrease in commercial property values. FY 10/11 FY 11/12 FY 12/13 FY 13/14 FY 14/15 Actual Actual Actual Estimated Proposed Total Appraised Value $1,025,535,296 $1,090,892,532 $1,209,948,755 $1,227,898,917 $1,258,429,958 amount change 65,357,236 119,056,223 17,950,162 30,531,041 percent change 6.37% 10.91% 1.48% 2.49% Net Taxable Value $880,169,946 913,119,313 864,452,946 853,297,597 880,173,223 amount change 32,949,367 (48,666,367) (11,155,349) 26,875,626 percent change 3.74% -5.33% -1.29% 3.15% Total Tax Revenue $1,409,152 $1,432,136 $1,355,808 $1,338,312 $1,376,063 amount change 22,984 (76,328) (17,496) 37,751 percent change 1.63% -5.33% -1.29% 2.82% FY 13/14 FY 14/15 Adopted Proposed Change Tax Rate Tax Rate Amount M&O $ 0.13907 $ 0.13710 $ (0.00197) I&S $ 0.01777 $ 0.01924 $ 0.00147 $ 0.15684 $ 0.15634 $ (0.00050) 10 TRANSMITTAL LETTER VIII. PROPOSED BUDGET IN A MULTI-YEAR CONTEXT Evaluating the budget within the context of a longer term forecast is important as it shows whether we are on the right road financially in FY 2014-15. This excerpt from the updated Financial Forecast for the Town’s General Fund illustrates the trend for the next seven years: VII. CLOSING THOUGHTS The development of a comprehensive budget document, such as this, is the result of a high performing team focused on the overall goals and objectives established by the Council: customer service, excellent service delivery, financial stewardship and organizational and personal development. As mentioned above, we are extremely fortunate to have a staff team and governance structure, focused on developing Westlake into a truly unique community. We have worked with Council to refine our strategic direction for municipal services and communicate this through the organization. This type of investment will produce relationships that sustain our community and ensure the responsible use of the public funds that have been entrusted to us for our Town. Our community has recently faced many decisions which have helped to shape our future and guide our growth. We have expanded our capacity as an organization through: • Strategic professional development with a consultant from the Balanced Scorecard Institute for both the Council and staff members. • Re-development of the Balanced Scorecard system and Strategy Map, with comprehensive performance measures for our municipal operations. • Elected official governance and professional development sessions to improve our proficiency in those areas. • Short and long-term focus on fiscal management that involves responsible budgeting and transparency for our citizens. • Communication and outreach efforts to our stakeholders via the continued use of personalized neighborhood meetings, social media outreach, corporate partnerships, and our website information. FORECAST FOR ESTIMATED PROPOSED S E V E N Y E A R P R O J E C T I O N GENERAL FUND ONLY FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 20-21 Beginning Fund Balance 5,812,583 5,896,631 5,226,116 5,105,466 5,661,318 5,166,907 4,824,004 5,117,425 4,481,109 Revenues & Transfers In 7,070,981 7,935,456 8,097,685 8,611,266 7,625,476 8,067,518 9,282,362 8,502,034 9,067,332 Expenditures & Transfers Out (6,986,933) (8,605,971) (8,218,334) (8,055,413) (8,119,888) (8,410,421) (8,988,941) (9,138,351) (9,380,400) Net Total $5,896,631 $5,226,116 $5,105,466 $5,661,318 $5,166,907 $4,824,004 $5,117,425 $4,481,109 $4,168,041 Total Restricted Funds 265,126 255,079 260,181 265,384 270,692 276,106 281,628 287,260 293,006 Ending Balance (projected) $5,631,505 $4,971,037 $4,845,286 $5,395,934 $4,896,215 $4,547,898 $4,835,798 $4,193,849 $3,875,035 Operating Days 323 243 236 263 220 197 196 168 151 11 TRANSMITTAL LETTER • Physical plant expansion on the Academy campus with a Fieldhouse, Multi-purpose building and Secondary educational classrooms. • Recruitment of an Executive Principal / Director of Education for Westlake Academy and an MYP Principal. • Increased enrollment and new course offerings - emphasizing high student achievement and student expansion at Westlake Academy. • Installation of a secondary ground storage water tank for future sustainability and service provision levels. • Approval of a new 84 home residential development and zoning for an 84 acre mixed-use development. All of these efforts are necessary to create the one-of-a-kind community that Westlake residents cherish and enjoy, one that allows us to focus in the coming fiscal year on growth and responsible development. We exist as a municipal corporation for one reason and one reason only: to prioritize and deliver the best services possible with the resources provided to achieve an exceptional quality of life. The staff members remain committed to this challenge and pursue this goal each day. High praise is due to the Senior Leadership Team for their work on this budget. Additional recognition and thanks are due to our Director of Finance Debbie Piper, and Finance Supervisor Jaymi Ford, for their efforts in assembling the budget document. It takes long hours and attention to detail to assimilate all the various factors that may affect our community into a comprehensive financial and policy document that is ‘user friendly’. I appreciate their dedication and the effort they have invested in this process. Finally, on behalf of myself and the entire Town Staff, I would like to extend thanks and appreciation to the Westlake Town Council. Your countless volunteer hours, invested in the governance of and leadership for Westlake, make it a true honor to serve the community, and your dedication is foundational to any success we achieve. Respectfully, Thomas E. Brymer Town Manager/Superintendent Westlake Academy 12 TRANSMITTAL LETTER EXCERPT FROM THE 2013 CITIZEN SURVEY RESULTS Source: ETC Institute DirectionFinder (2013 – Westlake, TX) 13 TRANSMITTAL LETTER 14 FY 12/13 vs FY 13/14 FY 14/15 vs FY 13/14 Revision 3 Actual Estimated Proposed Estimated FY 12/13 FY 13/14 FY 14/15 change change change change Description Actual Estimated Proposed Amount Percent Amount Percent REVENUES & OTHER SOURCES General Sales Tax 1 4,375,397 ##4,500,000 ##4,635,000 ##124,603 3%135,000 3% Property Tax 2 1,366,542 4%1,330,346 6%1,376,063 5%(36,196)-3%45,717 3% Beverage Tax 3 39,727 0%50,000 0%50,500 0%10,273 26%500 1% Franchise Fees 4 734,935 2%787,508 3%795,383 3%52,573 7%7,875 1% Permits & Fees 5 969,735 3%1,008,500 4%1,460,500 5%38,765 4%452,000 45% Fines & Forfeits 6 695,167 2%645,000 3%670,000 2%(50,167)-7%25,000 4% Investment Earnings 7 29,177 0%32,915 0%27,490 0%3,738 13%(5,425)-16% Misc Income 8 321,568 1%485,813 2%270,748 1%164,244 51%(215,065)-44% Charge for Services 9 3,160,859 8%2,822,960 ##3,278,520 ##(337,899)-11%455,560 16% Contributions 10 5,908,550 ##82,500 0%760,000 3%(5,826,050)-99%677,500 821% Hotel Tax Revenues 11 709,578 2%770,000 3%777,000 3%60,422 9%7,000 1% TOTAL REVENUES 12 18,311,233 ##12,515,542 ##14,101,204 ##(5,795,691)-32%1,585,662 13% Transfers In 13 2,654,929 7%3,379,774 ##4,797,277 ##724,845 27%1,417,503 42% Other Sources 14 10,823,210 ##466,775 2%1,125,000 4%(10,356,435)-96%658,225 141% Transfers/Other Sources 15 13,478,140 ##3,846,549 ##5,922,277 ##(9,631,590)-71%2,075,728 54% WA-Revenues 16 5,936,538 ##7,036,474 ##7,567,293 ##1,099,936 19%530,819 8% WA-Other Sources 17 40,959 0%331,266 1%45,000 0%290,307 709%(286,266)-86% Westlake Academy 18 5,977,497 ##7,367,740 ##7,612,293 ##1,390,243 23%244,553 3% TOTAL OTHER SOURCES 19 19,455,637 11,214,289 13,534,570 (8,241,347)-42%2,320,281 21% TOTAL REVENUES AND OTHER SOURCES 20 37,766,869$ 23,729,831$ 27,635,774$ (14,037,038)$ -37%3,905,943$ 16% EXPENDITURES & OTHER USES Payroll Salaries 21 2,067,557 7%2,339,745 7%2,862,360 9%272,188 13%522,615 22% Insurance 22 274,528 1%325,884 1%456,028 1%51,356 19%130,144 40% Taxes 23 171,800 1%209,783 1%226,713 1%37,983 22%16,931 8% Retirement 24 174,016 1%193,291 1%283,131 1%19,275 11%89,840 46% Total Payroll & Related 25 2,687,901 9%3,068,704 9%3,828,232 ##380,802 14%759,529 25% Supplies 26 198,760 1%246,926 1%225,796 1%48,165 24%(21,130)-9% Service 27 2,516,521 9%3,001,498 9%3,352,971 ##484,978 19%351,473 12% Insurance 28 32,924 0%35,310 0%36,404 0%2,386 7%1,094 3% Maintenance 29 203,212 1%299,827 1%314,675 1%96,615 48%14,848 5% Rent & Utilities 30 532,803 2%468,782 1%468,812 2%(64,021)-12%30 0% Interfund Advance 31 296,565 1%205,758 1%205,758 1%(90,807)-31%0 0% Debt 32 4,493,957 ##2,343,746 7%2,557,984 8%(2,150,211)-48%214,238 9% Water Purchases 33 965,192 3%1,134,600 3%1,280,600 4%169,408 18%146,000 13% Total Expenditures 34 9,239,934 ##7,736,447 ##8,443,000 ##(1,503,487)-16%706,553 9% TOTAL OPERATIONS 35 11,927,835 10,805,151 12,271,233 (1,122,685)-9%1,466,082 14% Capital Outlay 35 50,770 0%46,700 0%36,280 0%(4,070)-8%(10,420)-22% Capital Projects 36 8,046,108 ##12,039,809 ##5,959,305 ##3,993,701 50%(6,080,504)-51% Total Capital 37 8,096,878 ##12,086,509 ##5,995,585 ##3,989,631 49%(6,090,924)-50% Transfers Out 38 2,654,929 9%3,379,774 ##4,797,277 ##724,845 27%1,417,503 42% Other Uses 39 0 0%0 0%0 0%0 0%0 0% Transfers/Other Uses 40 2,654,929 9%3,379,774 ##4,797,277 ##724,845 27%1,417,503 42% WA - Expenditures 41 5,763,616 ##6,968,063 ##7,803,324 ##1,204,447 21%835,261 12% WA-Other Uses 42 40,959 0%331,266 1%45,000 0%290,307 709%(286,266)-86% Westlake Academy 43 5,804,575 ##7,299,329 ##7,848,324 ##1,494,754 26%548,995 8% TOTAL OTHER USES 44 16,556,382 22,765,612 18,641,186 6,209,230 38%(4,124,426)-18% TOTAL EXPENDITURES AND OTHER USES 45 28,484,217$ 33,570,763$ 30,912,419$ 5,086,546$ 18%(2,658,344)$ -8% Excess Revenues Over (Under) Expenditures 46 9,282,652$ (9,840,932)$ (3,276,645)$ (19,123,584)$ -206%6,564,287$ -67% BEGINNING FUND BALANCE 47 15,919,518$ 25,417,321$ 15,576,389$ 9,497,803$ 60%(9,840,932)$ -39% ENDING FUND BALANCE 48 25,417,321$ 15,576,389$ 12,299,744$ (9,840,932)$ -39%(3,276,645)$ -21% THREE YEAR ANALYSIS COMPARISONREVENUES, EXPENDITURES, FUND BALANCEALL SOURCESFISCAL YEAR 2014/2015 15 CURRENT YEAR ANALYSIS REVENUES, EXPENDITURES, FUND BALANCE ALL SOURCES FISCAL YEAR 2014/2015 General Fund Special Revenue Funds Debt Service Debt Service Enterprise Funds 29%4%2%0%3%9%8%8%0%13%13% of total revenue 4B ED LS VA of total revenue DS of total revenue CF UF of total revenue 1 General Sales Tax 3,376,250 1,158,750 100,000 - - 1,258,750 - - - - - 2 Property Tax 1,209,094 - - - - - 166,969 166,969 - - - 3 Beverage Tax 50,500 - - - - - - - - - - 4 Franchise Fees 795,383 - - - - - - - - - - 5 Permits/Fees 1,458,500 - - - - - - - - - - 6 Fines/Forfeits 670,000 - - - - - - - - - - 7 Interest 8,670 500 - 45 2,900 3,445 - - 100 6,000 6,100 8 Misc Income 60,094 - - - 18,650 18,650 - - - 192,004 192,004 9 Charge for Services - - - - - - - - 5,960 3,272,560 3,278,520 10 Contributions - - 440,000 - - 440,000 - - - - - 11 Hotel Tax - - 70,000 - 707,000 777,000 - - - - - 12 Total Revenues $7,628,491 $1,159,250 $610,000 $45 $728,550 $2,497,845 $166,969 $166,969 $6,060 $3,470,564 $3,476,624 13 Transfers In 306,965 - 35,758 - - 35,758 2,139,554 2,139,554 - - - 14 Other Sources - - - - - - - - - - - 15 Total Other Sources $306,965 $0 $35,758 $0 $0 $35,758 $2,139,554 $2,139,554 $0 $0 $0 16 WA Revenues - - - - - - - - - - - 17 WA Others Sources - - - - - - - - - - - 18 Westlake Academy $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 19 20 TOTAL REVENUES AND OTHER SOURCES $ 7,935,456 $1,159,250 $645,758 $45 $728,550 $ 2,533,603 $2,306,523 $ 2,306,523 $6,060 $3,470,564 $ 3,476,624 28%4%2%0%3%9%7%7%0%12%12% of total expenses 4B ED LS VA of total expenses DS of total expenses CF UF of total expenses 21 Payroll Salaries 2,862,360 - - - - - - - - - - 22 Payroll Transfers (809,308) - - - 457,110 457,110 - - - 352,198 352,198 23 Insurance 456,028 - - - - - - - - - - 24 Taxes 226,713 - - - - - - - - - - 25 Retirement 283,131 - - - - - - - - - - 26 Total Payroll & Related $3,018,925 $0 $0 $0 $457,110 $457,110 $0 $0 $0 $352,198 $352,198 27 Supplies 213,041 - - - 4,155 4,155 - - 500 8,100 8,600 28 Services 2,572,259 - - - 209,224 209,224 2,000 2,000 6,225 563,264 569,489 29 Insurance 31,614 - - - - - - - - 4,790 4,790 30 Maintenance 159,060 - - - - - - - 7,215 148,400 155,615 31 Rent & Utilities 299,842 - - - 36,435 36,435 - - - 132,535 132,535 32 Interfund Advance - - 205,758 - - 205,758 - - - - - 33 Debt 18,339 - - - - - 2,292,658 2,292,658 - 246,987 246,987 34 Water Purchases - - - - - - - - - 1,280,600 1,280,600 35 Total Expenditures $3,294,154 $0 $205,758 $0 $249,814 $455,572 $2,294,658 $2,294,658 $13,940 $2,384,676 $2,398,616 36 TOTAL OPERATING EXPENDITURES $6,313,079 $0 $205,758 $0 $706,924 $912,682 $2,294,658 $2,294,658 $13,940 $2,736,874 $2,750,814 37 Capital Outlay 16,280 - - - - - - - - 20,000 20,000 38 Capital Projects - - - - - - - - - 288,500 288,500 39 Total Capital $16,280 $0 $0 $0 $0 $0 $0 $0 $0 $308,500 $308,500 40 Transfers Out 2,276,612 1,159,250 440,000 - 177,670 1,776,920 - - - 743,745 743,745 41 Other Uses - - - - - - - - - - - 42 Total Other Uses $2,276,612 $1,159,250 $440,000 $0 $177,670 $1,776,920 $0 $0 $0 $743,745 $743,745 43 WA Expenses - - - - - - - - - - - 44 WA Others Uses - - - - - - - - - - - 45 Westlake Academy $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 46 TOTAL OTHER USES $2,292,892 $1,159,250 $440,000 $0 $177,670 $1,776,920 $0 $0 $0 $1,052,245 $1,052,245 47 TOTAL EXPENDITURES AND OTHER USES $ 8,605,971 $1,159,250 $645,758 $0 $884,594 $ 2,689,602 $2,294,658 $ 2,294,658 $13,940 $3,789,119 $ 3,803,059 48 EXCESS REVENUES OVER (UNDER) EXPENDITURES $ (670,515)$0 $0 $45 -$156,044 $ (155,999)$11,865 $ 11,865 -$7,880 -$318,555 $ (326,435) 49 $5,896,631 $0 $0 $13,644 $1,056,040 $1,069,684 -$11,865 -$11,865 $147,241 $4,569,677 $4,716,918 50 $5,226,116 $0 $0 $13,689 $899,996 $913,685 $0 $0 $139,361 $4,251,122 $4,390,483 BEGINNING FUND BALANCE…………… ENDING FUND BALANCE…………… Special Revenue Funds EXPENDITURES AND OTHER USES REVENUES AND OTHER SOURCES Enterprise Funds 16 1 General Sales Tax 2 Property Tax 3 Beverage Tax 4 Franchise Fees 5 Permits/Fees 6 Fines/Forfeits 7 Interest 8 Misc Income 9 Charge for Services 10 Contributions 11 Hotel Tax 12 Total Revenues 13 Transfers In 14 Other Sources 15 Total Other Sources 16 WA Revenues 17 WA Others Sources 18 Westlake Academy 19 20 TOTAL REVENUES AND OTHER SOURCES 21 Payroll Salaries 22 Payroll Transfers 23 Insurance 24 Taxes 25 Retirement 26 Total Payroll & Related 27 Supplies 28 Services 29 Insurance 30 Maintenance 31 Rent & Utilities 32 Interfund Advance 33 Debt 34 Water Purchases 35 Total Expenditures 36 TOTAL OPERATING EXPENDITURES 37 Capital Outlay 38 Capital Projects 39 Total Capital 40 Transfers Out 41 Other Uses 42 Total Other Uses 43 WA Expenses 44 WA Others Uses 45 Westlake Academy 46 TOTAL OTHER USES 47 TOTAL EXPENDITURES AND OTHER USES 48 EXCESS REVENUES OVER (UNDER) EXPENDITURES 49 50 BEGINNING FUND BALANCE…………… ENDING FUND BALANCE…………… EXPENDITURES AND OTHER USES REVENUES AND OTHER SOURCES Internal Service Funds Capital Project Funds Academy Westlake Academy 2%1%3%9%2%11%28%28% FY 14/15 % of UM GM of total revenue CP EXP of total revenue WA of total revenue Proposed Total - - - - - - - - 4,635,000 17% - - - - - - - - 1,376,063 5% - - - - - - - - 50,500 0% - - - - - - - - 795,383 3% - 2,000 2,000 - - - - - 1,460,500 5% - - - - - - - - 670,000 2% 125 1,750 1,875 7,400 - 7,400 - - 27,490 0% - - - - - - - - 270,748 1% - - - - - - - - 3,278,520 12% - - - 320,000 - 320,000 - - 760,000 3% - - - - - - - - 777,000 3% $125 $3,750 $3,875 $327,400 $0 $327,400 $0 $0 $14,101,204 51% 450,000 275,000 725,000 1,150,000 440,000 1,590,000 - - 4,797,277 17% - - - 1,125,000 - 1,125,000 - - 1,125,000 4% $450,000 $275,000 $725,000 $2,275,000 $440,000 $2,715,000 $0 $0 $5,922,277 21% - - - - - - 7,567,293 7,567,293 7,567,293 27% - - - - - - 45,000 45,000 45,000 0% $0 $0 $0 $0 $0 $0 $7,612,293 $7,612,293 $7,612,293 28% $450,125 $278,750 $ 728,875 $2,602,400 $440,000 $ 3,042,400 $7,612,293 $ 7,612,293 $ 27,635,774 100% 1%4%5%11%3%14%25%25% FY 14/15 % of UM GM of total expenses CP EXP of total expenses WA of total expenses Proposed Total - - - - - - - - 2,862,360 9% - - - - - - - - (0)0% - - - - - - - - 456,028 1% - - - - - - - - 226,713 1% - - - - - - - - 283,131 1% $0 $0 $0 $0 $0 $0 $0 $0 $3,828,232 12% - - - - - - - - 225,796 1% - - - - - - - - 3,352,971 11% - - - - - - - - 36,404 0% - - - - - - - - 314,675 1% - - - - - - - - 468,812 2% - - - - - - - - 205,758 1% - - - - - - - - 2,557,984 8% - - - - - - - - 1,280,600 4% $0 $0 $0 $0 $0 $0 $0 $0 $8,443,000 27% $0 $0 $0 $0 $0 $0 $0 $0 $12,271,233 17% - - - - - - - - 36,280 0% 203,000 1,264,000 1,467,000 3,301,000 902,805 4,203,805 - - 5,959,305 19% $203,000 $1,264,000 $1,467,000 $3,301,000 $902,805 $4,203,805 $0 $0 $5,995,585 19% - - - - - - - - 4,797,277 16% - - - - - - - - - 0% $0 $0 $0 $0 $0 $0 $0 $0 $4,797,277 16% - - - - - - 7,803,324 7,803,324 7,803,324 25% - - - - - - 45,000 45,000 45,000 0% $0 $0 $0 $0 $0 $0 $7,848,324 $7,848,324 $7,848,324 25% $203,000 $1,264,000 $1,467,000 $3,301,000 $902,805 $4,203,805 $7,848,324 $7,848,324 $18,641,186 19% $203,000 $1,264,000 $ 1,467,000 $3,301,000 $902,805 $ 4,203,805 $7,848,324 $ 7,848,324 $ 30,912,419 100% $247,125 -$985,250 $ (738,125)-$698,600 -$462,805 $ (1,161,405)-$236,031 $ (236,031) $ (3,276,645) $28,423 $1,154,753 $1,183,176 $758,616 $902,805 $1,661,420 $68,411 $1,060,425 $15,576,389 $275,548 $169,503 $445,051 $60,016 $440,000 $500,015 -$167,620 $824,394 $12,299,744 Internal Service Funds Capital Project Funds 17 C ITIZENS OF W ESTLAKE Court Administrator Finance Assistant Town Manager Fire Chief Human Resources Public Works Planning & Development / Building Inspector Town Secretary Supervisor 7 FTE Firefighter Paramedics 3 Lieutenants Customer Service Coordinator (.33) Two (.50) Court Clerks Deputy Clerk Marshal Judge Administrative Coordinator PYP Primary Principal Administrative Staff PYP Coordinator Primary Counselor Primary Teachers Librarian MYP Coordinator Secondary Counselor Secondary Teachers Exemplary Governance Town Officials, Both Elected and Appointed, Exhibit Respect, Stewardship, Vision, and Transparency Service Excellence Public Service that is Responsive and Professional, while balancing Efficiency, Effectiveness and Financial Stewardship MYP Secondary Principal Communications Personnel staffing levels for the Town of Westlake are presented in full-time equivalents (FTE) positions. For example, a position staffed for 40 hours per week for 52 weeks per year equals one full-time equivalent position with a total of 2,080 hours. Therefore an FTE position of .50 refers to a position that is funded for 1,040 hours per year. Human Resources Generalist Nurse Academic Municipal Director of Curriculum & Instruction Information Technology WA Technician Police Services (contracted thru the City of Keller) Customer Service Representative (.33) Communication Specialist Intern Executive Director W.A. Foundation Executive Principal Director of Education Assistant Asst Principal / Athletic Director M AYOR AND T OWN C OUNCIL Town Attorney Texas Student Housing T OWN M ANAGER/SUPERINTENDENT Technician Customer Service Coordinator (.33) Customer Service Representative (.33) Facilities Maintenance / Parks & Recreation Technician Customer Service Coordinator (.33) Customer Service Representative (.33) 1.50 PT Firefighter Paramedics 18 Dept Position FY 10/11 Actual FY 11/12 Actual FY 12/13 Actual FY 13/14 Estimated FY 14/15 Proposed change 11 Town Manager 1.00 1.00 1.00 1.00 1.00 - Assistant Town Manager - - - 0.75 0.90 0.15 Assistant to the Town Manager 1.00 0.75 0.75 - - - Part-Time Interns 0.75 0.75 1.00 0.50 0.50 - Administrative Assistant - - - 0.25 - (0.25) 12 Planning & Development Director 1.00 1.00 1.00 1.00 1.00 - Administrative Assistant 0.33 0.33 0.33 - - - Customer Service Coordinator - - - 0.25 0.33 0.08 Customer Service Representative - - - 0.33 0.33 - 13 Town Secretary 1.00 1.00 1.00 1.00 1.00 - 14 Fire Chief 1.00 1.00 1.00 1.00 1.00 - Lt. Firefighter/Paramedics 2.00 2.00 2.00 3.00 3.00 - Fire Marshal part-time - - - 0.75 0.75 - Firefighter/Paramedics FTE 6.00 6.00 6.00 6.00 7.00 1.00 Firefighter/Paramedics part-time 1.50 1.50 1.50 1.50 1.50 15 Court Administrator 1.00 0.25 0.25 0.25 0.10 (0.15) Supervisor - 1.00 1.00 1.00 1.00 - Deputy Clerk (1)1.00 - - - - - Deputy Clerk 1.00 1.00 1.00 1.00 1.00 - Judge 1.00 1.00 1.00 1.00 1.00 - Marshal 1.00 1.00 1.00 1.00 1.00 - Part-Time Clerk 0.50 0.50 0.50 0.50 1.00 0.50 16 Public Works Director 1.00 1.00 1.00 1.00 1.00 - Utility Technician 0.50 1.00 1.00 1.00 1.00 - Part-Time Utility Billing Clerk - - 0.75 - - - Customer Service Coordinator - - - 0.25 0.33 0.08 Customer Service Representative - - - 0.33 0.33 - 17 Facilities Maintenance Director 0.50 0.50 0.50 0.50 0.50 - Building Technician 0.25 - - - - - Part-Time Technicians - 0.25 0.25 0.25 0.25 - Administrative Assistant 0.33 0.33 0.33 - - - Customer Service Coordinator - - - 0.13 0.17 0.04 Customer Service Representative - - - 0.17 0.17 - 18 Finance Director 1.00 1.00 1.00 1.00 1.00 - Finance Supervisor - - 1.00 1.00 1.00 - Finance Assistant 1.00 1.00 - - - - Accounting Technicians 1.00 1.00 1.00 1.00 2.00 1.00 Customer Service Coordinator - - - 0.25 - (0.25) 19 Parks & Recreation Director 0.50 0.50 0.50 0.50 0.50 - Park Technician 0.25 - - - - - Customer Service Coordinator - - - 0.13 0.17 0.04 Customer Service Representative - - - 0.17 0.17 - 20 Information Technology Director - 0.50 0.25 - 1.00 1.00 21 Human Resources Director 1.00 0.50 0.75 1.00 1.00 - Part-Time Clerk - 0.50 0.50 - - - Administrative Assistant 0.34 0.34 0.34 - - - HR Generalist - - - 1.00 1.00 - 22 Communications Director - 1.00 1.00 1.00 1.00 - Part-Time Intern (1)- - - 0.25 1.00 0.75 99 Westlake Academy 60.44 69.53 73.07 76.18 91.18 15.00 Grand Total All Positions 89.19 99.03 103.57 109.18 128.18 19.00 Municipal Academy Total RECLASS - Dept 12-15-17-18-19 - FY 10/11 28.75 60.44 89.19 TRANSFER FROM WA Dept 18-20 2.00 FY 11/12 29.50 69.53 99.03 NEW EMPLOYEES - Dept 14-15 16.50 FY 12/13 30.50 73.07 103.57 STATUS CHANGE - Dept 22 0.50 FY 13/14 33.00 76.18 109.18 Total Changes 19.00 FY 14/15 37.00 91.18 128.18 Personnel Position Summary All Years 19 FY 13/14 FY 14/15 change Percent Dept #Department Name Estimated Proposed Amount of total 11 Town Manager 2.50 2.40 (0.10) 2% 12 Planning & Development 1.58 1.67 0.08 1% 13 Town Secretary 1.00 1.00 - 1% 14 Emergency Services 12.25 13.25 1.00 10% 15 Municipal Court 4.75 5.10 0.35 4% 16 Public Works 2.58 2.67 0.08 2% 17 Facilities Maintenance 1.04 1.08 0.04 1% 18 Finance Dept 3.25 4.00 0.75 3% 19 Park & Recreation 0.79 0.83 0.04 1% 20 Information Technology - 1.00 1.00 1% 21 Human Resources 2.00 2.00 - 2% 22 Communications 1.25 2.00 0.75 2% 99 Westlake Academy 76.18 91.18 15.00 71% Total Employees 109.18 128.18 19.00 100% Personnel Position Summary FY 2014/2015 Town Manager Planning & Development Town Secretary Emergency Services Municipal Court Public Works Facilities Maintenance Finance Dept Park & Recreation Information Technology Human Resources Communications Westlake Academy 20 23 General Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax On-going 2,683,971 2,800,000 2,925,000 3,176,250 3%251,250 2 3 General Sales Tax One-time 377,976 350,000 350,000 200,000 0%(150,000) 3 4 Property Tax 1,236,978 1,189,825 1,189,825 1,209,094 2%19,269 4 5 Hotel Tax - - - - 0%- 5 6 Charge for Services - - - - 0%- 6 7 Donations - - - - 0%- 7 8 Beverage Tax 39,727 50,000 50,000 50,500 1%500 8 9 Franchise Fees 734,935 650,388 787,508 795,383 1%7,875 9 10 Permits & Fees 967,735 786,000 1,008,500 1,458,500 45%450,000 10 11 Fines & Forfeitures 695,167 570,000 645,000 670,000 4%25,000 11 12 Investment Earnings 7,491 8,670 8,670 8,670 0%- 12 13 Contributions 11,094 - - - 0%- 13 14 Misc Income 78,014 51,759 55,959 60,094 7%4,135 14 15 Total Revenues 6,833,087 6,456,641 7,020,461 7,628,491 9%608,030 15 16 Transfers In 59,826 50,520 50,520 306,965 508%256,445 16 17 Other Sources - - - - 0%- 17 18 Total Other Sources 59,826 50,520 50,520 306,965 1711%864,475 18 19 TOTAL REVENUES & OTHER SOURCES 6,892,914 6,507,161 7,070,981 7,935,456 12%864,475 19 20 EXPENDITURES & OTHER USES 20 21 Payroll Salaries 1,536,422 1,732,085 1,732,085 2,053,052 19%320,968 21 22 Payroll Insurance 274,528 325,884 325,884 456,028 40%130,144 22 23 Payroll Taxes 171,800 209,783 209,783 226,713 8%16,931 23 24 Payroll Retirement 174,016 193,291 193,291 283,131 46%89,840 24 25 Total Payroll and Related 2,156,767 2,461,043 2,461,043 3,018,925 23%557,882 25 26 Supplies 168,558 231,571 235,921 213,041 -10%(22,880) 26 27 Services 1,486,875 2,013,162 2,194,112 2,572,259 17%378,147 27 28 Insurance 28,144 30,520 30,520 31,614 4%1,094 28 29 Repair & Maintenance 105,268 123,262 126,962 159,060 25%32,098 29 30 Rent & Utilities 397,680 299,812 299,812 299,842 0%30 30 31 Interfund Advance - - - - 0%- 31 32 Debt - - 18,339 18,339 100%- 32 33 Total Operating Expenditures 2,186,524 2,698,326 2,905,665 3,294,154 13%388,489 33 34 Capital Outlay 30,039 31,700 31,700 16,280 -49%(15,420) 34 35 Capital Projects - - - - 0%- 35 36 Total Capital 30,039 31,700 31,700 16,280 -49%(15,420) 36 37 TOTAL EXPENDITURES 4,373,329 5,191,069 5,398,408 6,329,359 17.3%930,951 37 38 Transfers Out - Operating (DS/ED/GMR)590,392 1,216,531 958,524 1,126,612 18%168,088 38 39 Transfers Out - Non Operating (CP/UF/WAE)500,000 500,000 630,000 1,150,000 83%520,000 39 40 Total Other Uses 1,090,392 1,716,531 1,588,524 2,276,612 43%688,088 40 41 TOTAL EXPENDITURES & OTHER USES 5,463,721 6,907,600 6,986,933 8,605,971 23%1,619,039 41 42 EXCESS REVENUES OVER(UNDER) EXPENDITURES 1,429,193 (400,439) 84,048 (670,515) 898%(754,564) 42 43 FUND BALANCE, BEGINNING 4,383,390 5,812,583 5,812,583 5,896,631 1%84,048 43 44 FUND BALANCE, ENDING 5,812,583 5,412,143 5,896,631 5,226,116 -11%(670,515) 44 45 Restricted/Assigned/Committed Funds 269,363 197,800 265,172 274,408 3%9,237 45 46 UNASSIGNED FUND BALANCE, ENDING 5,543,220 5,214,343 5,631,459 4,951,707 -12%(679,752) 46 47 # Days Operating (without non-operating transfers)408 297 323 242 -25%(81) 47 48 Daily Operating Expense 13,599$ 17,555$ 17,416$ 20,427$ 48 49 Restricted/Assigned/Committed Funds 49 50 C Court Technology 100 10112 00 000 78,244 66,000 78,377 82,295 5%3,919 50 51 C Court Security 100 10113 00 000 109,191 89,000 99,358 104,326 5%4,968 51 52 C Court Efficiency 100 10116 00 000 6,987 2,800 6,996 7,346 5%350 52 53 R Reforestation 100 10110 00 101 45,794 16,000 51,294 51,294 0%- 53 54 R Street Escrow (TB/RA)100 10110 00 102 29,147 24,000 29,147 29,147 0%- 54 55 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 269,363 197,800 265,172 274,408 3%9,237 55 vs 24 FFUUNNDD OOVVEERRVVIIEEWW GGeenneerraall FFuunndd General Sales Tax 43% Property Tax 15% Franchise Fees 10% Permits and Fees 18% Fines & Forfeitures 8% Transfer In 4% $2.59 $2.27 $2.55 $3.76 $3.02 $3.47 $3.81 $4.24 $0.91 $0.40 $0.42 $0.75 $0.21 $0.44 $0.19 $0.20 $0.89 $0.79 FY 07/08FY 08/09FY 09/10FY 10/11FY 11/12FY 12/13FY 13/14 estimated FY 14/15 proposedBase Sales Tax Economic Development Agreement Audit Payment Presumed One-Time Payment General Sales Tax (shown in millions) GGEENNEERRAALL FFUUNNDD Revenues and Transfers In Total General Fund revenues and transfers in for FY 2014-15 are budgeted to be $7,935,456 • A 12% increase of $864,475 from the FY13/14 estimated revenues and transfers in of $7,070,981 o General Sales Tax $101,250 o Property Tax $19,269 o Beverage tax $500 o Franchise Fees $7,875 o Permits and Fees $450,000 o Fines and forfeitures $25,000 o Misc Income $4135 o Transfers In $256,445 General Sales Tax • Sales tax receipts comprise 43% of FY 2014-15 General Fund revenues. • Sales taxes for the General Fund are budgeted to increase by $101,250. o On-going sales tax is anticipated to increase by $416,250 based on current year trend and analysis. o Presumed one-time amounts are projected to decrease by $150,000 (as an effort to be conservative with this type of projection). • Sales taxes are collected on the sale of goods and services within the Town as authorized by the State of Texas. • The maximum sales tax allowed in the State of Texas is 8.25% per dollar on all taxable goods and services. Funds are collected by the Texas Comptroller of Public Accounts and remitted to the Town on a monthly basis. • An amount equal to 1.50% of the taxable sales (75% of local collections) is appropriated to the Town’s General Fund. This total includes the .50% that is received for “Property Tax Reduction”. • The Town also receives an additional .50% sales tax that is recorded in the 4B Economic Development Corporation Fund. FY 14/15 Adopted Revenues 25 FFUUNNDD OOVVEERRVVIIEEWW GGeenneerraall FFuunndd $1,257 $1,442 $1,367 $1,330 $1,376 FY 10/11FY 11/12FY 12/13FY 13/14 estimated FY 14/15 proposed Property Tax Revenues (shown in millions) $587 $665 $735 $788 $795 FY 10/11FY 11/12FY 12/13FY 13/14 estimated FY 14/15 proposed Franchise Fee Revenues (shown in thousands) $587 $665 $735 $788 $795 FY 10/11FY 11/12FY 12/13FY 13/14 estimated FY 14/15 proposed Franchise Fee Revenues (shown in thousands) $706 $598 $970 $1,009 $1,461 FY 10/11FY 11/12FY 12/13FY 13/14 estimated FY 14/15 proposed Permits and Fees (shown in thousands) Beverage Tax • The Town collects a 14% gross receipt tax on mixed beverages. • Of this percentage, 10.7% of gross liquor receipts are remitted to the Town, and the remaining 3.3% is retained by the State of Texas. • A $500 increase is budgeted for FY 14/15. Property Tax • Property tax receipts comprise 15% of FY 2014-15 General Fund revenues. • FY 2010-11 was the first year the Town of Westlake imposed an ad valorem property tax. • The total tax rate of $.15634 is.0005 less than FY13/14 Franchise Taxes • Franchise fees comprise 10% of FY 2014-15 General Fund revenues. • Franchise taxes represent revenues collected from utilities operating within the Town that use the Town rights-of - way to conduct their business. • A flat rate is charged to both telephone operators (adjusted annually) and Tri-County Electric based on the number of access lines and services rendered, respectively. • These fees are anticipated to only have a 1% increase of $7,875 for FY 2014-15. Permits and Fees • Permits and Fees comprise 18% of FY 2014-15 General Fund revenues. • Revenues for FY 2014/2015 are anticipated to be $1,458,500 and are based on 50 new home permits • License and permit revenues include fees charged by the Town for certain types of operator licenses, as well as permits for construction and other items regulated by Town ordinances. • Increased permits and fees are projected for residential development in Granada. Municipal Court Revenue • Fines and Forfeitures s comprise 8% of FY 2014-15 General Fund revenues and is anticipated to increase 4%. • The revenue generated from the Municipal Court is based on citations and warrants issued. • The Keller Police Department will continue to perform its contractual patrol of Westlake roads in FY 2014-15. 26 FFUUNNDD OOVVEERRVVIIEEWW GGeenneerraall FFuunndd Payroll & Related 35% Operating Expenses 38% Transfers Out 27% Transfers In • Transfers In represent those funds transferred from one fund to another. These transfers may be utilized as a means to fund projects or debt service from multiple sources. Transfers In may also be used to transfer funds collected by one fund but should be properly recorded in a different fund. Adopted transfers in are: o Transfer in from the Visitor Association Fund $ 13,220  Funds represent operating expenditures for Department 22 - Communications & Community Affairs o Transfer In from Utility Fund of $293,745  $37,500 Impact Fees - This is for collection of Fort Worth Impact Fees, which are collected with initial water deposits and tap fees on new water meters. These funds are collected by the Utility Fund and transferred to the General Fund as a result of an agreement with the City of Fort Worth. When the transferred total reaches $2,000,000 (remaining balance is $1.4M) these funds will be paid to the City of Fort Worth in compliance with the wholesale water customer agreement.  $256,245 Loan Repayment – Ground Storage Tank Expenditures and Transfers Out Total General Fund expenditures and transfers out for FY 2014-15 are budgeted to be $8,605,971 • A 23% increase of $1,619,039 from the FY13- 14 estimated expenditures and transfers out of $6,986,933. • As in recent years, Town staff continues to operate conservatively by controlling costs while maintaining the highest possible levels of service. These goals are only possible through continued strategic planning and the innovative use of available resources. Our overall budget philosophy focuses on meeting stated goals and objectives and maintaining a 90 day fund balance. Payroll/Salaries and Related Taxes/Insurance • Comprise 35% of expenditures with a total of $3,018,925 • This is a 23% increase of $557,882 from the FY13-14 estimated payroll expenditures of $2,461,043 o This includes an increase in base costs of $71,394 to maintain our current staff levels along with $65,000 in market pay adjustments (inclusive of taxes and insurance) for work force attraction and $54K in performance based pay, and a newly recommended allocation of $8K for cell phone reimbursement of various staff members (Directors and on-call technicians). A portion of this increased expenditure is subsidized by transfers in from the Utility Fund ($30K) and the Visitors Association Fund ($171K). o This increase also includes the following personnel changes  $36K – transition of part-time Communication Specialist to full-time  $78K – addition of one full-time Firefighter/Paramedic  $20K – additional part-time Deputy Court Clerk FY 14/15 Adopted Expenditures 27 FFUUNNDD OOVVEERRVVIIEEWW GGeenneerraall FFuunndd o Transition of shared services employees to municipal budget  $68K – Accounting Technician  $121K – IT Director o Insurance, taxes and retirement costs will increase by $237K for FY 2014-15 in conjunction with the changes noted above. • All payroll and related expenditures for the Town are paid via the General Fund. Portions of these expenditures are subsidized by the Utility Fund and the Visitors Association Fund. o Operating transfers in from the Utility Fund are $353K o Operating transfers in from the Visitors Association Fund are $457K Operating Expenditures • Comprise 38% of expenditures with a total of $3,294,154 • The is an increase of $388,489 from the FY12-13 estimated expenditures of $2,905,665 o The biggest portion of this increase ($378,147) is related to service expenditures.  Additional Westlake Academy expenditure of $108,000 which added to the prior year expenditure of $192,000 totals $300k (future Westlake resident enrollment capacity)  Keller Police contract – increase of $42,415  Salary study – increase of $50,000  Records management – increase related to additional Laserfiche needs totaling $29,500  Engineering and Street drainage – increase of $19,500  Election and codification – increase of $14,325  Capital Project operational impact – increase of $67,158  General Fixed Asset software – increase of $6,470 Transfers Out • Comprise 26% of expenditures with a total of $688,088 and includes these transfers: o Increase - Transfer out to Debt Service Fund $168,088 o Decrease – Transfer out to WA Expansion Fund ($630,000) o Increase – Transfer out to Capital Projects Fund $1,150,000 Fund Balance • The audited beginning fund balance as of October 1, 2013 was $5,812,583 • FY 2013-14 Adopted Budget o Projected an excess of expenditures and other financing uses over revenues and other financing sources by $(400,439). o This would have resulted in a budgeted fund balance of $5,412,143. • FY 2013-14 Estimated Budget o Projects an excess of revenues and other financing sources over expenditures and other financing uses by $84,048. o This represents an increase in estimated over adopted fund balance of $484,488.  $125K in sales taxes  $137K franchise fees  $223K in building permits and inspection/plan reviews 28 FFUUNNDD OOVVEERRVVIIEEWW GGeenneerraall FFuunndd o The ending fund balance as of September 30, 2014 is estimated at $5,896,631. o The undesignated balance of $5,631,459 represents coverage for 323 operating days. • FY 2014-15 Adopted Budget o Projects an excess of expenditures and other financing uses over revenues and other financing sources by $670,515. o Results in a budgeted ending fund balance of $5,226,116 o The unassigned balance of $4,951,707 represents coverage for 242 operating days. FY 03/04 FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 Estimated FY 14/15 Projected Fund Balance $1.608 $1.000 $0.937 $3.265 $3.076 $2.772 $2.675 $3.731 $3.324 $4.383 $5.813 $5.152 $0 $2 $4 $6 $8 $10 General Fund Fund Balance 29 30 4B Economic Development Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax 1,093,849 1,100,000 1,125,000 1,158,750 3%33,750 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services - - - - 0%- 5 6 Donations - - - - 0%- 6 7 Beverage Tax - - - - 0%- 7 8 Franchise Fees - - - - 0%- 8 9 Permits & Fees - - - - 0%- 9 10 Fines & Forfeitures - - - - 0%- 10 11 Investment Earnings 335 500 500 500 0%- 11 12 Contributions - - - - 0%- 12 13 Misc Income - - - - 0%- 13 14 Total Revenues 1,094,184 1,100,500 1,125,500 1,159,250 3%33,750 14 15 Transfers In - - - - 0%- 15 16 Other Sources - - - - 0%- 16 17 Total Other Sources - - - - 0%- 17 18 TOTAL REVENUES & OTHER SOURCES 1,094,184 1,100,500 1,125,500 1,159,250 3%33,750 18 19 EXPENDITURES & OTHER USES 19 20 Payroll Salaries - - - - 0%- 20 21 Payroll Insurance - - - - 0%- 21 22 Payroll Taxes - - - - 0%- 22 23 Payroll Retirement - - - - 0%- 23 24 Payroll Transfers - - - - 0%- 24 25 Total Payroll and Related - - - - 0%- 25 26 Supplies - - - - 0%- 26 27 Services - - - - 0%- 27 28 Insurance - - - - 0%- 28 29 Repair & Maintenance - - - - 0%- 29 30 Rent & Utilities - - - - 0%- 30 31 Interfund Advances - - - - 0%- 31 32 Debt - - - - 0%- 32 33 Total Operating Expenditures - - - - 0%- 33 34 Capital Outlay - - - - 0%- 34 35 Capital Projects - - - - 0%- 35 36 Total Capital - - - - 0%- 36 37 TOTAL EXPENDITURES - - - - 0%- 37 37 Transfers Out 1,272,568 1,100,500 1,125,500 1,159,250 3%33,750 37 38 Total Other Uses 1,272,568 1,100,500 1,125,500 1,159,250 3%33,750 38 39 TOTAL EXPENDITURES & OTHER USES 1,272,568 1,100,500 1,125,500 1,159,250 3%33,750 39 40 EXCESS REVENUES OVER(UNDER) EXPENDITURES (178,384) - - - 0%- 40 41 FUND BALANCE, BEGINNING 178,384 - - - 0%- 41 42 FUND BALANCE, ENDING - - - - 0%- 42 43 Restricted/Assigned/Committed Funds - - - - 0%- 43 44 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 44 45 45 46 Restricted/Assigned/Committed Funds 46 47 A Cash 200 10110 00 000 - - - - 0%- 47 48 48 49 49 50 50 51 51 52 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS - - - - 0%- 52 vs 31 FFUUNNDD OOVVEERRVVIIEEWW 44BB EEccoonnoommiicc DDeevveellooppmmeenntt FFuunndd 4B ECONOMIC DEVELOPMENT FUND The 4B Economic Development Fund collects a ½ cent sales tax to be allocated to qualified development projects. The 4B Fund has been committed to the repayment of the debt incurred for the Town’s Civic Campus project. Revenues • FY 13/14 revenues are budgeted to be $1,159,250 o A 3% increase of $33,750 from the FY 13/14 estimated budget of $1,125,500 Expenditures and Other Uses • Transfers out to the Debt Service Fund for FY 14/15 are budgeted to be $1,159,250 32 Economic Development Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax 219,600 150,000 100,000 100,000 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax 41,207 - 70,000 70,000 0%- 4 5 Charges for Services - - - - 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees - - - - 0%- 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings - - - - 0%- 10 11 Contributions - - - 440,000 100%440,000 11 12 Misc Income - - - - 0%- 11 13 Total Revenues 260,807 150,000 170,000 610,000 259%440,000 12 14 Transfers In 35,758 35,758 35,758 35,758 0%- 13 15 Total Other Sources 35,758 35,758 35,758 35,758 0%- 14 16 TOTAL REVENUES & OTHER SOURCES 296,565 185,758 205,758 645,758 214%440,000 15 17 EXPENDITURES & OTHER USES 16 18 Payroll Salaries - - - - 0%- 17 19 Payroll Insurance - - - - 0%- 18 20 Payroll Taxes - - - - 0%- 19 21 Payroll Retirement - - - - 0%- 20 22 Payroll Transfers - - - - 0%- 21 23 Total Payroll and Related - - - - 0%- 22 24 Supplies - - - - 0%- 23 25 Services - - - - 0%- 24 26 Insurance - - - - 0%- 25 27 Repair & Maintenance - - - - 0%- 26 28 Rent & Utilities - - - - 0%- 27 29 Interfund Advances - - - - 0%- 28 30 Debt - - - - 0%- 29 32 Economic Development Incentives 296,565 185,758 205,758 205,758 0%- 31 33 Total Operating Expenditures 296,565 185,758 205,758 205,758 0%- 32 31 Capital Outlay - - - - 0%- 30 33 Capital Projects - - - - 0%- 32 34 Total Capital - - - - 0%- 33 35 TOTAL EXPENDITURES 296,565 185,758 205,758 205,758 0%- 34 35 Transfers Out - - - 440,000 100%440,000 34 36 Total Other Uses - - - 440,000 100%440,000 35 37 TOTAL EXPENDITURES & OTHER USES 296,565 185,758 205,758 645,758 214%440,000 36 38 EXCESS REVENUES OVER(UNDER) EXPENDITURES - - - - 0%- 37 39 FUND BALANCE, BEGINNING - - - - 0%- 38 40 FUND BALANCE, ENDING - - - - 0%- 39 41 Restricted/Assigned/Committed Funds - - - - 0%- 40 42 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 41 43 42 44 Restricted/Assigned/Committed Funds 43 45 A Cash 210 10110 00 000 - - - - 0%- 44 46 - - - - 0%- 45 47 0%- 46 48 0%- 47 49 0%- 48 50 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS - - - - 0%- 49 vs 33 FFUUNNDD OOVVEERRVVIIEEWW EECCOONNOOMMIICC DDEEVVEELLOOPPMMEENNTT FFUUNNDD The Economic Development Fund was set up to maintain all receipts and disbursement of funds pertaining to agreements between the Town and various corporations for economic development. There was confusion regarding the additional revenues being recorded in the General Fund and offset by expenditures. These balances offset to zero but skewed the analysis of each. The Town is hoping this fund will bring more transparency to the public regarding these receipts and payments. • Fidelity (Phase I) – A schedule has been set up to repay $35,758 regarding this agreement thru FY 2015-16. • Deloitte’s agreement includes a 50% reimbursement of sales general tax receipts and hotel/motel tax receipts. • Agreement with Maguire Partners-Solana LP includes a $10,000 contribution for the benefit of Westlake Academy from the final platting of lots in Granada (sub-division) Revenues and Transfers In • Total revenues for FY 2014-15 are anticipated to be $610,000 o $100,000 sales tax from Deloitte o $ 70,000 hotel/motel tax from Deloitte o $ 35,758 transfer in from General Fund for the payment to Fidelity (Phase I) o $440,000 contribution from Maguire Partners-Solana LP for an the expected final platting of 44 lots (Phase 1) of Granada Expenditures and Transfers Out • Total proposed expenditures for FY 2014-15 are $205,758 • Total proposed transfers out to Westlake Academy Expansion Fund of $440,000 for future use 34 Lone Star Public Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services - - - - 0%- 5 6 Donations - - - - 0%- 6 7 Beverage Tax - - - - 0%- 7 8 Franchise Fees - - - - 0%- 8 9 Permits & Fees - - - - 0%- 9 10 Fines & Forfeitures - - - - 0%- 10 11 Investment Earnings 24 45 45 45 0%- 11 12 Contributions - - - - 0%- 12 13 Misc Income - - - - 0%- 13 14 Total Revenues 24 45 45 45 0%- 14 15 Transfers In - - - - 0%- 15 16 Total Other Sources - - - - 0%- 16 17 TOTAL REVENUES & OTHER SOURCES 24 45 45 45 0%- 17 18 EXPENDITURES & OTHER USES 18 19 Payroll Salaries - - - - 0%- 19 20 Payroll Insurance - - - - 0%- 20 21 Payroll Taxes - - - - 0%- 21 22 Payroll Retirement - - - - 0%- 22 23 Payroll Transfers - - - - 0%- 23 24 Total Payroll and Related - - - - 0%- 24 25 Supplies - - - - 0%- 25 26 Services - - - - 0%- 26 27 Insurance - - - - 0%- 27 28 Repair & Maintenance - - - - 0%- 28 29 Rent & Utilities - - - - 0%- 29 30 Interfund Advances - - - - 0%- 30 31 Debt - - - - 0%- 31 32 Total Operating Expenditures - - - - 0%- 32 33 Capital Outlay - - - - 0%- 33 34 Capital Projects - - - - 0%- 34 35 Total Capital - - - - 0%- 35 36 TOTAL EXPENDITURS - - - - 0%- 36 37 Transfers Out - - - - 0%- 37 38 Total Other Uses - - - - 0%- 38 39 TOTAL EXPENDITURES & OTHER USES - - - - 0%- 39 40 EXCESS REVENUES OVER(UNDER) EXPENDITURES 24 45 45 45 0%- 40 41 FUND BALANCE, BEGINNING 13,576 13,599 13,599 13,644 0%45 41 42 FUND BALANCE, ENDING 13,599 13,644 13,644 13,689 0%45 42 43 Restricted/Assigned/Committed Funds 13,599 13,644 13,644 13,689 0%45 43 44 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 44 45 45 46 Restricted/Assigned/Committed Funds 46 47 A Cash 418 10110 00 000 13,599 13,644 13,644 13,689 0%45 47 48 48 49 49 50 50 51 51 52 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 13,599 13,644 13,644 13,689 0%45 52 vs 35 FFUUNNDD OOVVEERRVVIIEEWW LLOONNEE SSTTAARR PPUUBBLLIICC FFAACCIILLIITTIIEESS FFUUNNDD This fund was set up initially with donations from several involved corporations that were going to benefit from tax-exempt bonds. The Lone Star Public Facilities Corporation was founded in 1996 and was designed “to provide for the acquisition, construction, rehabilitation, repair, equipping, furnishing and placement in service of public facilities in an orderly, planned manner and at the lowest possible borrowing costs.” The ideas was to “acquire, through the issuance of installment sale obligations, office buildings, located within the State of Texas but outside the boundaries of Westlake, whose tenants will be limited to those entities which are qualifying tenants under applicable federal income tax law so the interest payable with respect to the installment sale obligations will be exempt from federal income taxation.” No bonds were ever issued. The fund is earning interest annually. Revenues • Total proposed revenues for FY 2014-15 are $45 in interest earnings. Expenditures • There have been no expenditures from this fund since inception. 36 Visitors Association Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax 668,371 700,000 700,000 707,000 1%7,000 4 5 Charges for Services - - - - 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees - - - - 0%- 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings 1,828 2,900 2,900 2,900 0%- 10 11 Contributions - - - - 0%- 11 12 Misc Income arbor whps wpas 16,575 18,650 18,650 18,650 0%- 12 13 Total Revenues 686,774 721,550 721,550 728,550 1%7,000 13 14 Transfers In - - - - 0%- 14 15 Total Other Sources - - - - 0%- 15 16 TOTAL REVENUES & OTHER SOURCES 686,774 721,550 721,550 728,550 1%7,000 16 17 EXPENDITURES & OTHER USES 17 18 Payroll Salaries - - - - 0%- 18 19 Payroll Insurance - - - - 0%- 19 20 Payroll Taxes - - - - 0%- 20 21 Payroll Retirement - - - - 0%- 21 22 Payroll Transfers 255,225 286,107 286,107 457,110 60%171,003 22 23 Total Payroll and Related 255,225 286,107 286,107 457,110 60%171,003 23 24 Supplies 25,158.49 4,080 2,905 4,155 43%1,250 24 25 Services 204,745 208,430 201,982 209,224 4%7,242 25 26 Insurance - - - - 0%- 26 27 Repair & Maintenance - - - - 0%- 27 28 Rent & Utilities 36,390 36,435 36,435 36,435 0%- 28 29 Interfund Advances - - - - 0%- 29 30 Debt - - - - 0%- 30 31 Total Operating Expenditures 266,294 248,945 241,322 249,814 4%8,492 31 32 Capital Outlay - - - - 0%- 32 33 Capital Projects - - - - 0%- 33 34 Total Capital - - - - 0%- 34 35 TOTAL EXPENDITURES 521,519 535,052 527,429 706,924 1.61%8,492 35 36 Transfers Out 191,162 164,720 164,720 177,670 8%12,950 36 37 Total Other Uses 191,162 164,720 164,720 177,670 8%12,950 37 38 TOTAL EXPENDITURS & OTHER USES 712,681 699,772 692,149 884,594 27.80%192,445 38 39 EXCESS REVENUES OVER(UNDER) EXPENDITURES (25,908) 21,778 29,401 (156,044) -631%(185,445) 39 40 FUND BALANCE, BEGINNING 1,052,547 1,026,639 1,026,639 1,056,040 3%29,401 40 41 FUND BALANCE, ENDING 1,026,639 1,048,417 1,056,040 899,996 -15%(156,044) 41 42 Restricted/Assigned/Committed Funds 182,143 151,700 151,700 164,450 8%12,750 42 43 UNASSIGNED FUND BALANCE, ENDING 844,496 896,717 904,340 735,546 -19%(168,794) 43 44 # Days Operating 433 468 477 304 -36%(173) 44 45 Restricted/Assigned/Committed Funds 45 46 Debt Service Payments 182,143 151,700 151,700 164,450 8%12,750 46 47 - - 47 48 - - 48 49 - - 49 50 - - 50 51 TOTAL RESTRICTED/ASSIGNED/COMMITED FUNDS 182,143 151,700 151,700 164,450 8%12,750 51 vs 37 FFUUNNDD OOVVEERRVVIIEEWW VVIISSIITTOORRSS AASSSSOOCCIIAATTIIOONN FFUUNNDD The Visitors Association Fund was established in late FY 1999-2000 and collects a 7% hotel occupancy tax from the Marriott Solana and any future Westlake hotels. A new program in partnership with the Marriott to operate a shuttle service which delivers and returns Marriott visitors to DFW Airport as well as other local venues was launched in FY 2004-05. Included in subsequent economic development agreement is a “Group Business Incentive” program. Following are the terms of this program: • Proposed group business shall book a minimum of $10,000 in room night revenue • A maximum of $5,000 is available to each group; however, the amount provided is based on the following process: o 10% of the room nigh revenue calculates the amount allowed, up to a maximum of $5,000 o The Town of Westlake shall receive sponsor recognition in all correspondence and at the meeting/convention in an appropriate manner. Hotel Occupancy Taxes are allocated to this fund and obtained through the assessment of a 7% hotel occupancy tax. Authority granted by the State of Texas allows cities to levy a tax not to exceed 7% of the rental rate for a hotel/motel room. Funds generated by the occupancy tax may be used in a manner that directly enhances and promotes tourism and the convention and hotel industry. Additionally, because Westlake has broader statutory authority under State law than most cities to spend hotel/motel occupancy tax funds for any municipal purpose, the Town has used these funds to cover costs of various municipal operational costs and capital projects (an example would be payment of a portion of the debt service for Westlake Academy related bonds). Revenues • Total revenues for FY 2014-15 are budgeted to be $728,550 • Revenues are projected to increase one percent ($7,000) when compared to FY 2013-14 estimated revenues. Expenditures and Transfers Out • Total expenditures and transfers out for FY 2014-15 are budgeted to be $884,594 • This represents a 27% increase of $192,445 from the FY 2013-14 estimated expenditures. o Transfers Out to Debt Service increased by $12,750. o Services increased $8,492 – FY 2013-14 Arbor Day event was decreased in scope but plans are being made for a different type of event for FY 2014-15. o Payroll transfers out to the General Fund increased $171,000 due to the 3% increase for personnel as well as transitioning a part-time Communication Specialist to full time with 100% of the salary being paid from the Visitors Association. Fund Balance • FY 2014-15 ending fund balance is projected to be $899,996. 38 39 Debt Service Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax 129,565 153,868 140,522 166,969 19%26,447 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services - - - - 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees - - - - 0%- 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings - - - - 0%- 10 11 Contributions - - - - 0%- 11 12 Misc Income (0) - - - 0%- 12 13 Total Revenues 129,564 153,868 140,522 166,969 19%26,447 13 14 Transfers In GF/4B/VA 1,459,344 1,936,358 1,924,966 2,139,554 11%214,588 14 15 Other Sources Bond Refunding 2011 GORB 2,237,723 - - - 0%- 15 16 Total Other Sources 3,697,067 1,936,358 1,924,966 2,139,554 11%214,588 16 17 TOTAL REVENUES & OTHER SOURCES 3,826,632 2,090,226 2,065,488 2,306,523 12%241,035 17 18 EXPENDITURES & OTHER USES 18 19 Payroll Salaries - - - - 0%- 19 20 Payroll Insurance - - - - 0%- 20 21 Payroll Taxes - - - - 0%- 21 22 Payroll Retirement - - - - 0%- 22 23 Payroll Tranfsers - - - - 0%- 23 24 Total Payroll and Related - - - - 0%- 24 25 Supplies - - - - 0%- 25 26 Services 63,813 907 1,677 2,000 19%323 26 27 Insurance - - - - 0%- 27 28 Repair & Maintenance - - - - 0%- 28 29 Rent & Utilities - - - - 0%- 29 30 Interfund Advances - - - - 0%- 30 31 Debt 3,783,994 2,089,319 2,077,157 2,292,658 10%215,501 31 32 Total Operating Expenditures 3,847,807 2,090,226 2,078,834 2,294,658 10%215,824 32 33 Capital Outlay - - - - 0%- 33 34 Capital Projects - - - - 0%- 34 35 Total Capital - - - - 0%- 35 36 TOTAL EXPENDITURES 3,847,807 2,090,226 2,078,834 2,294,658 10%215,501 36 37 Transfers Out - - - - 0%- 37 38 Other Uses Bond Refunding - - - - 0%- 38 39 Total Other Uses - - - - 0%- 39 40 TOTAL EXPENDITURES & OTHER USES 3,847,807 2,090,226 2,078,834 2,294,658 10%215,824 40 41 EXCESS REVENUES OVER(UNDER) EXPENDITURES (21,175) - (13,346) 11,865 100%25,211 41 42 FUND BALANCE, BEGINNING 22,657 1,481 1,481.29 (11,865) -901%(13,346) 42 43 FUND BALANCE, ENDING 1,481 1,481 (11,865) (0) 0%11,865 43 44 Restricted/Assigned/Committed Funds 7,504 7,504 (11,865) (0) 0%11,865 44 45 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 45 46 46 47 Restricted/Assigned/Committed Funds 47 48 - - - - 0%- 48 49 - - - - 0%- 49 50 - - - - 0%- 50 51 - - - - 0%- 51 52 - - - - 0%- 52 53 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS - - - - 0%- 53 vs 40 FUND OVERVIEW DEBT SERVICE FUND The Debt Service Fund was created to clearly illustrate the Town’s debt service picture. The Town’s obligations are consolidated into one fund with payments being transferred from 4B Economic Development Fund, Property Tax Reduction Fund (in prior years), General Fund (in subsequent years) and the Visitors Association Fund. Future CO’s and General Obligation debt issuances will also be paid from this fund. The Debt Service Fund is used for the payment of general long-term debt principal, interest and related costs of Town issued debt. The Town of Westlake implemented an ad valorem property tax for the first time during FY 2010-11. There is no direct limit on debt for the Town. The Constitution of the State of Texas provides that the ad valorem tax levied by the Issuer for general purposes and for the purpose of paying debt service requirements of the Issuer’s general obligation debt shall not exceed $1.50 for each $100 of assessed valuation of taxable property. Revenues • $166,969 Ad Valorem Property Taxes Transfers In • $ 164,450 Transfers in from Visitors Association Fund • $1,159,250 Transfers in from 4B Economic Development Fund • $ 815,856 Transfers in from General Fund Expenditures • FY 2014-15 debt service expenditures are projected to be $2,294658 • This is a 10% increase of $215,824 compared to FY 2013-14 estimated expenditures of $2,078,834. Debt service payments are made for the following: • Issue for various street projects: o $ 2,095,000 Series 2011 Certificates of Obligation • Issues made for the construction of the Westlake Academy facilities: o $12,400,000 Series 2002 Certificates of Obligation (refunded) o $ 6,410,000 Series 2003 Certificates of Obligation o $ 7,465,000 Series 2007 General Obligation Refunding Bonds  partial refund of $12.4 CO issue o $ 7,375,000 Series 2011 General Obligation Refunding Bonds  partial refund of $12.4M CO and $6.4M issuance 41 FUND OVERVIEW $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 20 1 5 20 1 6 20 1 7 20 1 8 20 1 9 20 2 0 20 2 1 20 2 2 20 2 3 20 2 4 20 2 5 20 2 6 20 2 7 20 2 8 20 2 9 20 3 0 20 3 1 20 3 2 20 3 3 20 3 4 $1 . 2 4 6 $1 . 2 7 4 $1 . 0 8 8 $1 . 1 2 7 $1 . 1 6 0 $1 . 1 9 8 $1 . 2 3 2 $1 . 2 7 1 $1 . 3 1 1 $1 . 3 5 5 $1 . 3 9 0 $1 . 4 4 4 $1 . 4 9 4 $1 . 5 5 4 $1 . 9 5 3 $2 . 0 2 8 $2 . 1 1 9 $2 . 1 9 5 $0 . 2 8 0 $0 . 2 9 4 $1 . 0 4 7 $1 . 0 2 0 $1 . 0 0 9 $0 . 9 6 7 $0 . 9 3 3 $0 . 8 9 9 $0 . 8 6 2 $0 . 8 2 4 $0 . 7 8 4 $0 . 7 4 1 $0 . 7 0 4 $0 . 6 5 3 $0 . 5 9 8 $0 . 5 4 1 $0 . 4 8 1 $0 . 4 0 0 $0 . 3 1 4 $0 . 2 2 3 $0 . 1 4 3 $0 . 1 3 1 Mi l l i o n s 20 Year Annual Debt Requirement Principal Interest o $ 2,200,000 Series 2013 General Obligation Refunding Bonds  refund of $2.5 CO for the Arts and Sciences Building o $ 8,500,000 Series 2013 Certificates of Obligation  Westlake Academy Expansion o $ 1,980,000 Series 2014 GO – Refunding  Partial refunding of 2003 CO 42 Debt Service Fund Long-Term Debt Summary Pymt Fiscal 300.48840.00. 014 300.48850.00. 14 300.48840.00. 13 300.48850.00. 13 300.48840.00. 12 300.48850.00. 12 300.48840.00. 11 300.48850.00. 11 300.48840.00. 10 300.48850.00. 10 300.48840.00. 07 300.48850.00. 07 300.48840.00. 03 300.48850.00. 03 No.Year Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest Total Debt 1 2015 195,000 65,510 260,510 120,000 44,450 164,450 173,550 277,719 451,269 97,000 57,704 154,704 440,000 217,800 657,800 35,000 293,295 328,295 185,000 90,630 275,630 1,245,550 1,047,108 2,292,658 2 2016 200,000 61,560 261,560 100,000 42,250 142,250 173,550 274,248 447,798 100,000 54,503 154,503 100,000 212,400 312,400 410,000 291,983 701,983 190,000 83,230 273,230 1,273,550 1,020,173 2,293,723 3 2017 5,000 59,470 64,470 130,000 39,950 169,950 178,000 270,732 448,732 75,000 79,475 154,475 275,000 207,275 482,275 425,000 276,608 701,608 - 75,250 75,250 1,088,000 1,008,760 2,096,760 4 2018 5,000 59,290 64,290 125,000 37,400 162,400 178,000 267,172 445,172 79,000 75,625 154,625 700,000 192,650 892,650 40,000 259,608 299,608 - 75,250 75,250 1,127,000 966,995 2,093,995 5 2019 5,000 59,110 64,110 135,000 34,463 169,463 182,450 263,568 446,018 83,000 71,575 154,575 715,000 171,425 886,425 40,000 258,008 298,008 - 75,250 75,250 1,160,450 933,398 2,093,848 6 2020 5,000 58,930 63,930 140,000 31,025 171,025 191,350 259,830 451,180 87,000 67,325 154,325 730,000 149,750 879,750 45,000 256,408 301,408 - 75,250 75,250 1,198,350 898,517 2,096,867 7 2021 5,000 58,750 63,750 145,000 27,463 172,463 191,350 255,525 446,875 91,000 62,875 153,875 750,000 127,550 877,550 50,000 254,608 304,608 - 75,250 75,250 1,232,350 862,020 2,094,370 8 2022 5,000 58,570 63,570 145,000 23,838 168,838 200,250 250,630 450,880 96,000 58,200 154,200 770,000 104,750 874,750 55,000 252,608 307,608 - 75,250 75,250 1,271,250 823,845 2,095,095 9 2023 5,000 58,390 63,390 150,000 20,375 170,375 204,700 245,056 449,756 101,000 53,275 154,275 790,000 81,350 871,350 60,000 250,408 310,408 - 75,250 75,250 1,310,700 784,103 2,094,803 10 2024 5,000 58,210 63,210 145,000 17,130 162,130 213,600 238,781 452,381 106,000 48,100 154,100 820,000 55,150 875,150 65,000 248,008 313,008 - 75,250 75,250 1,354,600 740,629 2,095,229 11 2025 5,000 58,030 63,030 155,000 13,830 168,830 213,600 232,373 445,973 111,000 42,675 153,675 260,000 36,250 296,250 645,000 245,408 890,408 - 75,250 75,250 1,389,600 703,816 2,093,416 12 2026 5,000 57,850 62,850 165,000 10,063 175,063 226,950 225,765 452,715 117,000 36,975 153,975 260,000 27,150 287,150 670,000 219,608 889,608 - 75,250 75,250 1,443,950 652,660 2,096,610 13 2027 5,000 57,490 62,490 160,000 6,000 166,000 231,400 218,601 450,001 123,000 30,975 153,975 275,000 17,100 292,100 700,000 192,808 892,808 - 75,250 75,250 1,494,400 598,223 2,092,623 14 2028 5,000 57,580 62,580 160,000 2,000 162,000 240,300 210,936 451,236 129,000 24,675 153,675 290,000 5,800 295,800 730,000 164,808 894,808 - 75,250 75,250 1,554,300 541,048 2,095,348 15 2029 360,000 52,000 412,000 - - - 347,100 200,956 548,056 136,000 18,050 154,050 - - - 760,000 134,695 894,695 350,000 75,250 425,250 1,953,100 480,951 2,434,051 16 2030 370,000 39,200 409,200 - - - 360,450 188,574 549,024 143,000 11,075 154,075 - - - 790,000 103,345 893,345 365,000 57,750 422,750 2,028,450 399,944 2,428,394 17 2031 390,000 24,000 414,000 - - - 369,350 175,803 545,153 150,000 3,750 153,750 - - - 825,000 70,560 895,560 385,000 39,500 424,500 2,119,350 313,613 2,432,963 18 2032 405,000 8,100 413,100 - - - 529,550 158,748 688,298 - - - - - - 855,000 35,910 890,910 405,000 20,250 425,250 2,194,550 223,008 2,417,558 19 2033 - - - - - - 280,350 142,550 422,900 - - - - - - - - - - - - 280,350 142,550 422,900 20 2034 - - - - - - 293,700 131,069 424,769 - - - - - - - - - - - - 293,700 131,069 424,769 21 2035 - - - - - - 307,050 119,054 426,104 - - - - - - - - - - - - 307,050 119,054 426,104 22 2036 - - - - - - 320,400 106,505 426,905 - - - - - - - - - - - - 320,400 106,505 426,905 23 2037 - - - - - - 329,300 94,129 423,429 - - - - - - - - - - - - 329,300 94,129 423,429 24 2038 - - - - - - 342,650 81,950 424,600 - - - - - - - - - - - - 342,650 81,950 424,600 25 2039 - - - - - - 356,000 69,287 425,287 - - - - - - - - - - - - 356,000 69,287 425,287 26 2040 - - - - - - 369,350 55,447 424,797 - - - - - - - - - - - - 369,350 55,447 424,797 27 2041 - - - - - - 382,700 40,406 423,106 - - - - - - - - - - - - 382,700 40,406 423,106 28 2042 - - - - - - 400,500 24,742 425,242 - - - - - - - - - - - - 400,500 24,742 425,242 29 2043 - - - - - - 418,300 8,366 426,666 - - - - - - - - - - - - 418,300 8,366 426,666 $1,980,000 $952,040 $2,932,040 $1,975,000 $350,235 $2,325,235 $8,205,800 $5,088,522 $13,294,322 $1,824,000 $796,831 $2,620,831 $7,175,000 $1,606,400 $8,781,400 $7,200,000 $3,808,678 $11,008,678 $1,880,000 $1,269,610 $3,149,610 $30,239,800 $13,872,316 $44,112,116 `` Rate:3.74%2.23%4.12%2.58%4.19%4.77% SERIES 2014 GO-Refunding * partial refunding of 2003 US Bank US Bank Bank of New York Partial refunding of 2002 & 2003 Partial refunding of Series 2002 2nd phase construction of WA $7,465,000 $6,410,000 December 29, 2011 March 15, 2007 June 23, 2003 GRAND TOTAL TOTAL TOTAL Issued By: US Bank Independent Bank Various street projectsUse:Refunding of 2008 (A&S Building) US Bank Partial Refunding of 2003 US Bank TOTAL Original Issue:$2,200,000 Issue Date:April 2013 March 29, 2011 $2,095,000 $7,375,000$1,980,000 January 2014 April 2013 TOTAL TOTAL TOTAL TOTALTOTAL 4B Fund & General Fund 4B Fund 200 Series SERIES 2013 GO-Refunding SERIES 2011 CO SERIES 2011 GO-Refunding 4B Fund & General FundFunded by Visitors Association Fund 4B Fund & General Fund DS 300 Property Tax 4B Fund & General Fund Type *refunding of 2008 Certificates of Obligation *partial refunding of 2002/2003 *partial refunding of 2002 Certificates of ObligationCertificates of Obligation SERIES 2007 GO-Refunding SERIES 2003 COSERIES 2013 CO 3.42% $8,500,000 $8.5M WA Expansion 43 44 Cemetery Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services 5,510 5,960 5,960 5,960 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees - - - - 0%- 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings 87 100 100 100 0%- 10 11 Contributions - - - - 0%- 11 11 Misc Income - - - - 0%- 11 12 Total Revenues 5,597 6,060 6,060 6,060 0%- 12 13 Transfers In - - - - 0%- 13 14 Total Other Sources - - - - 0%- 14 15 TOTAL REVENUES & OTHER SOURCES 5,597 6,060 6,060 6,060 0%- 15 16 EXPENDITURES & OTHER USES 16 17 Payroll Salaries - - - - 0%- 17 18 Payroll Insurance - - - - 0%- 18 19 Payroll Taxes - - - - 0%- 19 20 Payroll Retirement - - - - 0%- 20 21 Payroll Transfers - - - - 0%- 21 22 Total Payroll and Related - - - - 0%- 22 23 Supplies - - - 500 100%500 23 24 Services 2,769 4,225 4,225 6,225 47%2,000 24 25 Insurance - - - - 0%- 25 26 Repair & Maintenance 2,560 7,215 2,215 7,215 226%5,000 26 27 Rent & Utilities - - - - 0%- 27 28 Interfund Advances - - - - 0%- 28 29 Debt - - - - 0%- 29 30 Total Operating Expenditures 5,329 11,440 6,440 13,940 116%7,500 30 31 Capital Outlay - - - - 0%- 31 32 Capital Projects - - - - 0%- 32 33 Total Capital - - - - 0%- 33 34 TOTAL EXPENDITURES 5,329 11,440 6,440 13,940 116%7,500 34 34 Transfers Out - - - - 0%- 34 35 Total Other Uses - - - - 0%- 35 36 TOTAL EXPENDITURES & OTHER USES 5,329 11,440 6,440 13,940 116%7,500 36 37 EXCESS REVENUES OVER(UNDER) EXPENDITURES 268 (5,380) (380) (7,880) 1974%(7,500) 37 38 FUND BALANCE, BEGINNING 147,353 147,621 147,621 147,241 0%(380) 38 39 FUND BALANCE, ENDING 147,621 142,241 147,241 139,361 -5%(7,880) 39 40 Restricted/Assigned/Committed Funds 147,621 142,241 147,241 139,361 -5%(7,880) 40 41 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 41 42 42 43 Restricted/Assigned/Committed Funds 43 44 A Cash 255 10110 00 000 49,740 44,062 50,156 42,574 -15%(7,582) 44 45 A Open Cemetery Lots 255 15100 00 000 97,881 98,179 97,085 96,787 0%(298) 45 46 0%- 46 47 0%- 47 48 0%- 48 49 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 147,621 142,241 147,241 139,361 -5%(7,880) 49 vs 45 FFUUNNDD OOVVEERRVVIIEEWW CEMETERY FUND The Cemetery program includes all operations associated with the 5.5 acre cemetery located on J.T. Ottinger Road. This includes interment, lot sales, record keeping, and all maintenance associated with the grounds, fences, trees and flower beds. The cemetery was donated and conveyed by deed to the Town during FY2008-09. Revenues • Total adopted revenues for FY 2014-15 are $6,060 • Revenue will remain flat when compared to FY 2013-14 estimated revenues. Expenditures • Total adopted expenditures for FY 2014-15 are $13,940 • This is an increase of $7,500 compared to FY 2013-14 estimated expenditures. o Increase $2,000 for land improvements (additional plant landscaping and mowing) o Increase of $5,000 for upgrade to computer equipment/software o Increase of $500 for supplies o Fund Balance • The projected ending fund balance for FY 2014-15 is $139,361 o $42,574 Operating Cash o $96,787 Open Cemetery Lots 46 Utility Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 Charges for Services Water 2,322,249 2,112,000 2,112,000 2,510,544 19%398,544 2 3 Charges for Services Sewer 751,092 529,800 629,800 696,216 11%66,416 3 4 Charges for Services Trash 5,293 5,050 5,050 5,050 0%- 4 5 Charges for Services Other 76,714 60,750 70,150 60,750 -13%(9,400) 5 6 Franchise Fees - - - - 0%- 6 7 Permits & Fees - - - - 0%- 7 8 Fines & Forfeitures - - - - 0%- 8 9 Investment Earnings 6,325 6,000 6,425 6,000 -7%(425) 9 10 Contributions - - - - 0%- 10 11 Misc Income 226,980 192,004 402,704 192,004 -52%(210,700) 11 12 Total Revenues 3,388,653 2,905,604 3,226,129 3,470,564 8%244,435 12 13 Transfers In 500,000 - - - 0%- 13 14 Other Sources - - - - 0%- 14 15 Total Other Sources 500,000 - - - 0%- 15 16 TOTAL REVENUES & OTHER SOURCES 3,888,653 2,905,604 3,226,129 3,470,564 8%244,435 16 17 EXPENDITURES & OTHER USES 17 18 Payroll Salaries 119 - - - 0%- 18 19 Payroll Insurance - - - - 0%- 19 20 Payroll Taxes - - - - 0%- 20 21 Payroll Retirement - - - - 0%- 21 22 Payroll Transfers 275,791 321,554 321,554 352,198 10%30,644 22 23 Total Payroll and Related 275,910 321,554 321,554 352,198 10%30,644 23 24 Supplies 5,044 8,100 8,100 8,100 0%- 24 25 Services 635,003 523,028 599,503 563,264 -6%(36,239) 25 26 Insurance 4,780 4,790 4,790 4,790 0%- 26 27 Repair & Maintenance 95,384 122,400 170,650 148,400 -13%(22,250) 27 28 Rent & Utilities 98,733 130,760 132,535 132,535 0%- 28 29 Debt 709,962 191,212 248,250 246,987 -1%(1,263) 29 30 Water Purchases 965,192 1,110,600 1,134,600 1,280,600 13%146,000 30 31 Total Operating Expenses 2,514,098 2,090,890 2,298,428 2,384,676 4%86,248 31 32 Capital Projects 211,407 1,521,880 1,486,164 288,500 -81%(1,197,664) 32 33 Capital Outlay 20,731 15,000 15,000 20,000 33%5,000 33 34 Total Capital 232,138 1,536,880 1,501,164 308,500 -79%(1,192,664) 34 35 TOTAL EXPENSES 3,022,146 3,949,324 4,121,145 3,045,374 -27%(1,106,416) 35 36 Transfers Out 64,409 140,885 301,030 743,745 147%442,715 36 37 Total Other Uses 64,409 140,885 301,030 743,745 147%442,715 37 38 TOTAL EXPENSES & OTHER USES 3,086,555 4,090,209 4,422,175 3,789,119 -14%(633,056) 38 39 EXCESS REVENUES OVER(UNDER) EXPENSES 802,098 (1,184,605) (1,196,046) (318,555) -73%877,491 39 40 FUND BALANCE, BEGINNING 4,963,625 5,765,723 5,765,723 4,569,677 -21%(1,196,046) 40 41 FUND BALANCE, ENDING 5,765,723 4,581,118 4,569,677 4,251,122 -7%(318,555) 41 42 Restricted/Assigned/Committed Funds 171,802 186,657 186,657 188,524 1%1,867 42 43 UNASSIGNED FUND BALANCE, ENDING 5,593,921 4,394,461 4,383,019 4,062,598 -7%(320,421) 43 44 Operating Expenses 2,810,739 2,427,444 2,634,981 2,756,874 5%121,893 44 45 # Days Operating 726 661 607 538 -11%(69) 45 46 Restricted/Assigned/Committed Funds 46 47 R Water/Sewer Deposits 171,802 186,657 186,657 188,524 1%1,867 47 48 - - - - 0%- 48 49 - - - - 0%- 49 50 - - - - 0%- 50 51 - - - - 0%- 51 52 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 171,802 186,657 186,657 188,524 1%1,867 52 10112 vs 47 FFUUNNDD OOVVEERRVVIIEEWW Water Revenue 73% Sewer Revenues 18% Tap Fees 1% Impact Fees 2% Duct Bank 3% TRA Wastewater 3% UUTTIILLIITTYY FFUUNNDD REVENUES AND OTHER RESOURCES • Total adopted revenues for FY 2013-14 are budgeted to be $2,905,604 • A 34% decrease of $1,500,000 from the FY 2012-13 estimated revenues of $4,405,604 o This decrease amount is composed of $1M in bond proceeds and a $500K transfer in (inter- fund loan) from the General Fund in FY 2012-13 for the construction of a ground storage tank. • Utility Fund revenue is primarily comprised of fees for water and wastewater service. • The fund also receives a small portion of its revenue through tap fees and interest income, and currently serves as a mechanism for collecting and distributing debt service and impact fees. Water Revenue • Water revenues comprise 73% of FY 2013-14 Utility Fund revenues. o The Utility Fund is the recipient of all revenue generated from water sales in the Town. With the construction of Westlake’s master-planned residential developments, the Town placed new water infrastructure into service in 2000. o As Westlake’s customer base continues to expand, additional demands will be placed on the utility system, requiring incremental expansion and maintenance of infrastructure. • Effective October 1, 2013, Fort Worth rates will increase by 11% ($1.6720/1000 gal to $1.8560/1000 gal). $2.10 $1.94 $1.74 $2.11 $2.43 $2.22 $3.28 $3.05 $2.91 $2.91 FY 04/05 actual FY 05/06 actual FY 06/07 actual FY 07/08 actual FY 08/09 actual FY 09/10 actual FY 10/11 actual FY 11/12 actual FY 12/13 estimated FY 13/14 adopted Revenue Trends (shown in millions) FY13/14 Adopted Revenues 48 FFUUNNDD OOVVEERRVVIIEEWW Operating Expenses 59% Capital Outlay /Projects 38% Wastewater Revenues • Wastewater revenues comprise 18% of FY 2013-14 Utility Fund revenues. o Wastewater revenue is another major component of the Utility Fund. Wastewater revenue is expected to grow proportionate to future non-irrigation water demands. o These future increases can be attributed to both residential and commercial growth. o Effective December 1, 2013, TRA rates will increase by 14.7% ($4.788/1000 gal to $5.494/1000 gal) due to higher treated sewage volumes, capital project funding needs and associated operating costs. Ductbank Permit Fees • Ductbank permit fees and deferred revenues comprise 3% of FY 2013-14 Utility Fund revenues. o The ductbank is a series of Town owned conduit that houses underground telecommunication infrastructure in portions of Westlake. o Revenues from the ductbank are contingent upon utility companies leasing out portions of the conduit. o The Town continues to execute new leases with telecommunications companies. Waste Management • The Town receives a 12% fee from its franchisee for providing this service. o During FY 2008-09, the Town took over the billing and collection of residential solid waste user fees for its franchised hauler. o The Town changed from twice a week pick up schedule to once a week pick up schedule in lieu of a rate increase. o The current rate for solid waste and recycling service remains unchanged since 2008. EXPENSES AND OTHER USES • Total adopted expenses for FY 2013-14 are $4,090,209 • A 54% increase of $1,429,042 from the FY 2012-13 estimated expenses. • This increase amount is composed primarily of $1.346M relating to the construction of a ground storage tank. Services Provided The Utility Fund accounts for water and wastewater services for the residents of the Town. All activities necessary to provide such services are accounted for in the fund, including administration, operations, maintenance, financing and related debt service, and billing and collection. This fund also contains the planning and implementation of the ductbank. This is a series of underground conduit designed to house telecommunications services in Westlake. The ductbank is a public/private partnership that utilizes public and private sector capital, town planning and engineering and town operation. Phase I was completed in FY 2000-01 and became ready for occupancy in FY 2001-02 with leases following completion of construction. FY 2004-05 saw the completion of the ductbank extension from Vaquero to Pearson Road with a lease following the construction. The development of the Terra Bella subdivision extended the ductbank from Sam School Road through the subdivision to Dove Road. FY13/14 Adopted Expenses 49 FFUUNNDD OOVVEERRVVIIEEWW - 50 100 150 200 250 300 350 400 450 500 550 FY 04/05 actual FY 05/06 actual FY 06/07 actual FY 07/08 actual FY 08/09 actual FY 09/10 actual FY 10/11 actual FY 11/12 actual FY 12/13 estimated FY 13/14 projected 294 325 359 420 450 475 480 481 491 501 10 Year Analysis - Utility Billing Accounts In 2010, Deloitte University constructed new ductbank through their development that connected the section at Dove/Pearson Lane to Ottinger Road at the Deloitte service entrance with leases following completion of construction. The Utility Fund is responsible for all water, sewer, and telecommunications ductbank service in the Town. The Town continues to use new automated technologies to control inflows into our storage facilities and minimize the annual peak payment charges from the City of Fort Worth. The fund is also burdened with three outstanding long-term obligations. 11.. The first is the proportionate buyout of infrastructure owned by the Hunt Trust which sold the Circle T Ranch to Hillwood. The Town’s agreement with Hillwood is that in exchange for dissolution of the Municipal Utility Districts (MUDs), the Utility Fund will reimburse Hillwood the share of purchased MUDs infrastructure for each development based upon the acres removed from the MUDs. Hillwood, in turn, must deposit these funds into an escrow account owned by the Hunt Trust. 22.. The second long term liability is the loan from Hillwood to the Town to construct the 16” and 20” transmission water lines and the US 377 Pump Station. The Town is contractually obligated to pay for this infrastructure through a surcharge on water rates. The Town is divided into two service areas, one being the Circle T Ranch, and the remaining areas within the Town’s limits which constitute the “Town” service area. The Town pays Hillwood $.25 cents per 1,000 gallons of water distributed to consumers in these two service areas. Each service area pays its respective portion of the overall debt based on the volume of water used from the customers. The contract clearly stipulates that this is not a general obligation of the Town. It is, however, required to be paid back through this assessment being attached to the water rate. The rate would have to be significantly increased to pay this debt off in the twenty years contemplated under the agreement. Hillwood has stated that once the Town and Hillwood agree on proportionate future infrastructure funding, this liability will be erased. Nevertheless, the obligation does exist and water rates should always be reviewed with this obligation in mind. 33.. The third long term liability is the joint Westlake/Keller water tower that was constructed to provide the necessary water storage and pressures within Westlake. Staff is committed to maintaining an up to date utility rate analysis to maintain the integrity of the fund. The budget is based on an adjustment in water and sewer rates from a rate study conducted in FY 2010-11. The fund revenues were estimated based on a water and sewer rates approved by the Town Council on December 13, 2010 and became effective January 1, 2011. The purpose of the rate increase was to fully recover all system costs as well as provide for capital improvements and maintenance of our water and sewer utility. In addition to the rate increase on December 13, 2011, Council also approved a “pass-through” rate adjustment ordinance that provides for an automatic adjustment to rates based on unit volume costs from the Town’s wholesale providers. 50 51 Utility Maintenance & Replacement Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services - - - - 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees - - - - 0%- 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings 141 125 125 125 0%- 10 11 Contributions - - - - 0%- 11 12 Misc Income - - - - 0%- 12 13 Total Revenues 141 125 125 125 0%- 13 14 Transfers In 50,000 50,000 263,530 450,000 71%186,470 14 15 Total Other Sources 50,000 50,000 263,530 450,000 71%186,470 15 16 TOTAL REVENUES & OTHER SOURCES 50,141 50,125 263,655 450,125 71%186,470 16 17 EXPENDITURES & OTHER USES 0%- 17 18 Payroll Salaries - - - - 0%- 18 19 Payroll Insurance - - - - 0%- 19 20 Payroll Taxes - - - - 0%- 20 21 Payroll Retirement - - - - 0%- 21 22 Payroll Transfers - - - - 0%- 22 23 Total Payroll and Related - - - - 100%- 23 24 Supplies - - - - 0%- 24 25 Services - - - - 0%- 25 26 Insurance - - - - 0%- 26 27 Repair & Maintenance - - - - 0%- 27 28 Rent & Utilities - - - - 0%- 28 29 Interfund Advances - - - - 0%- 29 30 Debt - - - - 0%- 30 31 Total Expenditures - - - - 100%- 31 32 Capital Outlay - - - - 0%- 32 33 Capital Projects 81,672 88,000 296,530 203,000 100%(93,530) 33 34 Total Capital 81,672 88,000 296,530 203,000 100%(93,530) 34 35 TOTAL OPERATING EXPENDITURES 81,672 88,000 296,530 203,000 100%(93,530)35 36 Transfers Out - - - - 0%- 36 37 Total Other Uses - - - - 0%- 37 38 TOTAL EXPENDITURES & OTHER USES 81,672 88,000 296,530 203,000 100%(93,530)38 39 EXCESS REVENUES OVER(UNDER) EXPENDITURES (31,531)(37,875) (32,875)247,125 -852%280,000 39 40 FUND BALANCE, BEGINNING 92,829 61,298 61,298 28,423 -54%(32,875)40 41 FUND BALANCE, ENDING 61,298 23,423 28,423 275,548 869%247,125 41 42 Restricted/Assigned/Committed Funds 61,298 23,423 28,423 275,548 869%247,125 42 43 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 43 44 44 45 Restricted/Assigned/Committed Funds 45 46 A Cash 510 10110 00 000 61,298 23,423 28,423 275,548 869%247,125 46 47 47 48 48 49 49 50 50 51 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 61,298 23,423 28,423 275,548 869%247,125 51 vs 52 FFUUNNDD OOVVEERRVVIIEEWW UTILITY- MAINTENANCE & REPLACEMENT FUND The Utility-Maintenance & Replacement Fund (UMR) was created to provide a mechanism for repair and replacement of capital assets such as pump stations, lift stations, elevated and ground storage facilities, etc. This fund receives planned portions of revenues from the Utility Fund allocated to future capital repair and replacement. As in the General-Maintenance and Replacement Fund, this was anticipated to help avoid future bond programs and force a more conservative pattern of spending in light of uncertain future revenues. This fund consists of systematic water and sewer line repairs and major maintenance projects funded by an operating transfer from the Utility Fund. Projects are included each year from a long-range maintenance schedule which incorporates routine scheduled maintenance and recommended replacement and upgrading of lines and permanent capital assets. Revenues and Transfers In • FY2014/2015 revenues are $450,125 • A 71% increase of $186,470 from the FY 14/15 estimated revenues of $263,655 o Additional funds will be transferred from the Utility Fund when available Expenditures • FY2014/2015 expenditures are projected to be $203,000 • A 32% decrease from the FY 13/14 estimated expense of $296,530 o $30,000 – Water Main Repair and Maintenance o $80,000 – Pump Station Equipment o $28,000 – ACADA Replacement o $45,000 – Utility Truck o $20,000 – Lift Station Pump Repairs. Fund Balance • Fund balance at FY 14/15 year-end is projected to be $275,548 53 Actuals Estimated Proposed Description 2003 - 2013 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 TOTALS TOTALS REVENUES AND OTHER SOURCES Interest Income 470 125 125 125 125 125 125 500 1,220 Transfer in from GF - - - - - - - - - Transfer in from GMR - - - - - - - - - Transfer in from UF 163,864 263,530 450,000 300,000 300,000 300,000 300,000 1,200,000 2,077,394 Transfer in from PTR 10,000 - - - - - - - 10,000 TOTAL REVENUES AND OTHER SOURCES 174,334 263,655 450,125 300,125 300,125 300,125 300,125 1,200,500 2,088,614 UTILITY MAINTENANCE/REPLACEMENT PROJECTS Water Main R&M 0 - 17,500 30,000 - - - - - 47,500 Pump Station R&M 0 - 5,500 - - - - - - 5,500 Vaquero Lift Station Pump Upgrade 0 - - - - - - - - Sewer R&M - SS I&I 1 23,864 - - - - - - - 23,864 Pump Station Gate Retro-Fit 2 7,500 - - - - - - - 7,500 Pump/Motor Repair/Replacement 4 27,225 - - - - - - - 27,225 Pump Station Equipment 5 - - 80,000 82,500 87,500 - - 170,000 250,000 SCADA Replacement 6 - 60,000 28,000 - - - - - 88,000 Chevy Utility Truck 7 - - 45,000 - - - - - 45,000 Lift Station Pump Repairs 10 16,371 - 20,000 - - - - - 36,371 Water Main R&M 11 38,076 - - - - - - - 38,076 114 Lift Station Discharge 12 - 213,530 - - - - - - 213,530 GRAND TOTAL PROJECTS 113,036 296,530 203,000 82,500 87,500 0.00 0.00 170,000 782,566 NET REVENUES OVER (UNDER) PROJECTS 61,298$ (32,875)$ 247,125$ 217,625$ 212,625$ 300,125$ 300,125$ 1,030,500$ ` - 61,298 28,423 275,548 493,173 705,798 1,005,923 61,298 28,423 275,548 493,173 705,798 1,005,923 1,306,048 Fund Balance Ending 5 Year Projection Utility - Maintenance and Replacement Fund Projection Fund Balance Beginning 54 General Maintenance & Replacement Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 0%- 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services - - - - 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees 2,000 - - 2,000 0%2,000 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings 1,795 1,750 1,750 1,750 0%- 10 11 Contributions - - - - 0%- 11 12 Misc Income - - - - 0%- 12 13 Total Revenues 3,795 1,750 1,750 3,750 114%2,000 13 14 Transfers In 550,000 550,000 275,000 275,000 0%- 14 15 Other Sources 6,250 - - - 0%- 15 16 Total Other Sources 556,250 550,000 275,000 275,000 0%- 16 17 TOTAL REVENUES & OTHER SOURCES 560,045 551,750 276,750 278,750 1%2,000 17 18 EXPENDITURES & OTHER USES 0%- 18 19 Payroll / Salaries - - - - 0%- 19 20 Payroll Related & Benefits - - - - 0%- 20 21 Payroll Transfers In - - - - 0%- 21 22 Payroll Transfers Out - - - - 0%- 22 23 Total Payroll and Related - - - - 0%- 23 24 Supplies - - - - 0%- 24 25 Services - - - - 0%- 25 26 Insurance - - - - 0%- 26 27 Repair & Maintenance - - - - 0%- 27 28 Rent & Utilities - - - - 0%- 28 29 Interfund Advances - - - - 0%- 29 30 Debt - - - - 0%- 30 31 Total Operating Expenditures - - - - 0%- 31 32 Capital Outlay - - - - 0%- 32 33 Capital Projects 201,412 519,726 361,045 1,264,000 250%902,955 33 34 Total Capital 201,412 519,726 361,045 1,264,000 250%902,955 34 35 TOTAL EXPENDITURES 201,412 519,726 361,045 1,264,000 250%902,955 35 36 Transfers Out - - - - 0%- 36 37 Total Other Uses - - - - 0%- 37 38 TOTAL EXPENDITURES & OTHER USES 201,412 519,726 361,045 1,264,000 250%902,955 38 39 EXCESS REVENUES OVER(UNDER) EXPENDITURES 358,633 32,024 (84,295) (985,250) 1069%(900,955) 39 40 FUND BALANCE, BEGINNING 880,415 1,239,048 1,239,048 1,154,753 -7%(84,295)40 41 FUND BALANCE, ENDING 1,239,048 1,271,072 1,154,753 169,503 -85%(985,250)41 42 Restricted/Assigned/Committed Funds 1,239,048 1,271,072 1,154,753 169,503 -85%(985,250)42 43 UNASSIGNED FUND BALANCE, ENDING - - - - 43 44 44 45 Restricted/Assigned/Committed Funds 45 46 A Cash 600 10110 00 000 1,239,048 1,271,072 1,132,753 147,503 -87%(985,250)46 47 A Cash EMS 600 10110 14 101 0 0 22,000 22,000 0%0 47 48 48 49 49 50 50 51 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 1,239,048 1,271,072 1,154,753 169,503 -85%(985,250) 51 vs 55 FFUUNNDD OOVVEERRVVIIEEWW GENERAL MAINTENANCE & REPLACEMENT FUND The General Maintenance & Replacement Fund was created to provide a mechanism for the long term repair and replacement of large capital assets such as HVAC, walls, floors and ceilings, plumbing, electric, roadways, etc. This fund receives planned portions of revenues from each operating fund that owns and maintains capital assets to set aside for future capital repair and replacement. This helps to avoid future bond programs and encourages a more conservative pattern of spending in light of uncertain future revenues. Currently, because of our financial situation, the fund is not being able to be used as we had anticipated. This fund supports systematic facility repairs and major maintenance projects funded by operating transfers from other Town funds. Project lists are developed annually from a long- range facility maintenance schedule, and incorporated into a routine schedule for maintenance and replacement of major facility equipment and infrastructure and permanent capital assets. Revenues and Transfers In • FY14/15 revenues are proposed to be $278,750 and are comprised of • A 1% increase from the FY 13/14 estimated budget of $276,750 Expenditures/Projects • FY14/115 proposed expenditures are $1,264,000 • A 250% increase of $902,955 from the FY 13/14 estimated budget of $361,045 GENERAL MAINTENANCE/REPLACEMENT PROJECTS Amount Ladder/Pumper 700,000 Fire Dept Building Addition 30,000 Dept 14 - Total Fire/EMS 730,000 Illuminated Street Signs 38,000 Dept 16 - Total Public Works 38,000 WA-Irrigation System 15,000 WA-Carpet/VCT Flooring 15,000 WA-Ext/Int Environmental Improvements 40,000 WA-Interior/Exterior Paint & Wood/Cloth R&M 26,000 WA-Roof Repairs 10,000 WA-Parking Lot 28,000 WA-Refurbish Classrooms 25,000 WA-Update Security System / Cameras 15,000 Interior Building R&M 10,000 WA-15 Ton Split HVAC System 15,000 WA-2 Ton Roof Top Units/HVAC System Replacement 45,000 WA-Heater Boilers 10,000 WA-Plumbing Repair/Replacement 5,000 Facilities Maintenance Vehicle 12,000 WA Playground Equipment 145,000 Park R&M 25,000 Dept 17 - Total Facilities & Grounds Maintenance 441,000 Trail Repairs 15,000 Dept 19 - Total Parks and Recreation 15,000 Network Printers/Peripheral Devices 5,000 Network Equipment/Server Replacements 30,000 Phone System/Peripheral Devices 5,000 Dept 20 - Total Information Technology 40,000 GRAND TOTAL PROJECTS $ 1,264,000 Fund Balance • Fund balance at FY 14/15 year-end is projected to be $169,503 56 Actuals Estimated Proposed Description 2003 - 2013 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 TOTALS TOTALS REVENUES AND OTHER SOURCES Environmental Upgrade Grant 6,250 - - - - - - - 6,250 Firefighter Equipment Fees 2,000 - 2,000 2,000 2,000 2,000 2,000 8,000 12,000 Interest Income 4,584 1,750 1,750 1,750 1,750 1,750 1,750 7,000 15,084 Transfer in from GF 1,765,738 275,000 275,000 275,000 225,000 225,000 225,000 950,000 3,265,738 Transfer in from V&E 129,374 - - - - - - - 129,374 Transfer in from UF 10,000 - - - - - - - 10,000 Transfer in from PTR 64,274 - - - - - - - 64,274 TOTAL REVENUES AND OTHER SOURCES 1,982,220$ 276,750$ 278,750$ 278,750$ 228,750$ 228,750$ 228,750$ 965,000$ 3,502,720$ GENERAL MAINTENANCE/REPLACEMENT PROJECTS Ambulance Box, Chassis and Equipment 200,000 - - - - - - - 200,000 Fire Chief Vehicle 49,084 - - - - - - - 49,084 Ladder/Pumper - - 700,000 - - - - - 700,000 Fire Dept Building Addition - - 30,000 - - - - - 30,000 Dept 14 - Total Fire/EMS 249,084 - 730,000 - - - - - 979,084 Illuminated Street Signs 3,900 10,000 38,000 - - - - - 51,900 Wyck Hill Pavement Resurface - - - - 54,450 - - 54,450 54,450 Dept 16 - Total Public Works 3,900 10,000 38,000 - 54,450 - - 54,450 106,350 WA-Irrigation System 15,607 15,250 15,000 3,000 - 10,000 - 13,000 58,857 WA-Carpet/VCT Flooring 3,445 15,000 15,000 15,000 - 10,000 5,000 30,000 63,445 WA-Ext Environmental Improvements Irrig 8,112 5,000 30,000 - 7,000 - - 7,000 50,112 WA-Envrnmt Bldg UG light/water 25,899 2,500 10,000 10,000 - 5,000 10,000 25,000 63,399 WA-Exterior Paint & Wood R&M 32,818 10,000 11,000 5,000 - 8,000 8,000 21,000 74,818 WA-Painting/Cloth Wall R&M 4,325 10,000 15,000 10,000 8,000 10,000 8,000 36,000 65,325 WA-Roof Repairs 10,936 5,000 10,000 8,000 - 5,000 9,000 22,000 47,936 WA-Parking Lot 17,282 - 28,000 - 10,000 - - 10,000 55,282 WA-Refurbish Classrooms 75,204 23,795 25,000 25,000 30,000 25,000 30,000 110,000 233,999 WA-Update Security System 15,370 25,000 10,000 - 5,000 5,000 25,000 35,000 85,370 WA-Update Security Cameras 7,857 - 5,000 - 6,000 10,000 - 16,000 28,857 Interior Building R&M 2,800 5,000 10,000 - 12,000 8,000 - 20,000 37,800 WA-15 Ton Split HVAC System 14,399 10,000 15,000 - 12,000 - 15,000 27,000 66,399 WA-2 Ton Roof Top Units 11,903 15,000 40,000 5,000 - 10,000 5,000 20,000 86,903 WA-AC ton/7.5 ton server room - - - 6,000 - - 5,000 11,000 11,000 WA-Heater Boilers 23,870 22,000 10,000 - 7,000 5,000 - 12,000 67,870 WA-HVAC System Replacement - 4,000 5,000 5,000 13,000 - 10,000 28,000 37,000 WA-Plumbing Repair/Replacement - 5,000 5,000 5,000 5,000 - 9,000 19,000 29,000 Contribution Exp to WA - Facilities - 40,000 - - - - - - 40,000 Contribution Exp to WA - Technology - 50,000 - - - - - - 50,000 Facilities Maintenance Vehicle - 45,000 12,000 - - - 45,000 45,000 102,000 WA Playground Equipment - - 145,000 - - - - - 145,000 Park R&M - - 25,000 - - - - - 25,000 Dept 17 - Total Facilities & Grounds Maintenance 269,828 307,545 441,000 97,000 115,000 111,000 184,000 507,000 1,525,373 Trail Repairs 4,900 5,000 15,000 10,000 10,000 10,000 10,000 40,000 64,900 Dept 19 - Total Parks and Recreation 4,900 5,000 15,000 10,000 10,000 10,000 10,000 40,000 64,900 Servers & Network Storage 33,250 5,000 - - - 7,500 - 7,500 45,750 Network Printers/Peripheal Dev 630 5,000 5,000 5,000 5,000 10,000 - 20,000 30,630 Network Equipment 6,028 18,500 20,000 20,000 20,000 30,000 - 70,000 114,528 Server Replacements 8,763 - 10,000 10,000 10,000 10,000 - 30,000 48,763 Phone System/Peripheal Devices 9,651 10,000 5,000 7,500 10,000 15,000 - 32,500 57,151 Dept 20 - Total Information Technology 58,322 38,500 40,000 42,500 45,000 72,500 - 160,000 296,822 GRAND TOTAL PROJECTS 586,034$ 361,045$ 1,264,000$ 149,500$ 224,450$ 193,500$ 194,000$ 761,450$ 2,972,529$ NET REVENUES OVER (UNDER) PROJECTS 1,396,186$ (84,295)$ (985,250)$ 129,250$ 4,300$ 35,250$ 34,750$ 203,550$ 530,191$ Fund Balance Beginning (157,138) 1,239,048 1,154,753 169,503 298,753 303,053 338,303 Fund Balance Ending 1,239,048 1,154,753 169,503 298,753 303,053 338,303 373,053 5 Year Projection General - Maintenance and Replacement Fund Projection 57 58 Westlake Academy Program Summary Fiscal Year Adopted Estimated Proposed Proposed FY 12/13 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 11/12 1 REVENUES & OTHER SOURCES 1 2 Federal Program Revenues 81,958 67,722 80,008 73,896 -8%(6,112) 2 3 State Program Revenues 4,648,649 4,855,506 5,034,023 5,782,092 15%748,069 3 4 Local Revenues 1,205,931 1,538,434 1,922,443 1,711,305 -11%(211,138) 4 5 0%- 5 6 0%- 6 7 0%- 7 8 0%- 8 9 0%- 9 10 0%- 10 11 0%- 11 12 0%- 12 13 0%- 13 14 0%- 14 15 0%- 15 16 Total Revenues 5,936,538 6,461,662 7,036,474 7,567,293 8%530,819 16 17 Other Sources 40,959 45,000 331,266 45,000 -86%(286,266) 17 18 Total Other Sources 40,959 45,000 331,266 45,000 -86%(286,266)18 19 TOTAL REVENUES & OTHER SOURCES 5,977,497 6,506,662 7,367,740 7,612,293 3%244,553 19 20 EXPENDITURES & OTHER USES 20 21 61 Payroll Related & Benefits 4,339,742 4,832,464 5,196,595 5,618,025 8%421,430 21 22 62 Professional & Contracted Services 865,171 882,229 935,779 1,064,256 14%128,477 22 23 63 Supplies and Materials 268,069 385,613 503,367 672,890 34%169,523 23 24 64 Other Operating Costs 290,634 289,989 325,917 363,967 12%38,050 24 25 65 Debt Service - 6,405 84,186 1214%77,781 25 26 Operating Expenses 0%- 26 27 0%- 27 28 0%- 28 29 0%- 29 30 0%- 30 31 0%- 31 32 0%- 32 33 0%- 33 34 0%- 34 35 Total Expenditures 5,763,616 6,390,295 6,968,063 7,803,324 12%835,261 35 36 Other Uses 40,959 45,000 331,266 45,000 -86%(286,266) 36 37 Total Other Uses 40,959 45,000 331,266 45,000 -86%(286,266)37 38 TOTAL EXPENDITURES & OTHER USES 5,804,575 6,435,295 7,299,329 7,848,324 8%548,995 38 39 EXCESS REVENUES OVER(UNDER) EXPENDITURES 172,923 71,367 68,411 (236,031)-445%(304,442)39 40 FUND BALANCE, BEGINNING 819,090 992,012 992,012 1,060,425 7%68,413 40 41 FUND BALANCE, ENDING 992,012 1,063,379 1,060,425 824,394 -22%(236,031)41 42 Restricted/Assigned/Committed Funds - - - - 0%- 42 43 UNASSIGNED FUND BALANCE, ENDING 992,012 1,063,379 1,060,425 824,394 -22%(236,031)43 44 # of Operating Days 63 61 56 39 -32%(18) 44 45 Restricted/Assigned/Committed Funds 45 46 A Technology/FFE - - - - 0%- 46 47 A Uniform/Equipment Replacement - - - - 0%- 47 48 48 49 49 50 50 50 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 0 0 0 0 0%0 50 vs 2014/2015 59 FUND OVERVIEW WESTLAKE ACADEMY This fund was incorporated into the Town’s budget beginning in FY 2010-11. Westlake Academy opened its doors in September 2003 when the Town of Westlake officials took advantage of the State of Texas’ acceptance of chartered schools and thus, became the first and only municipality in the state to receive a chartered school designation. As a chartered school, Westlake Academy is an open enrollment public school. In 2008 the Texas Education Agency (TEA) renewed the Academy’s charter until 2016. The officials who pioneered the school also decided to follow another brave path in offering the globally recognized International Baccalaureate (IB) curriculum. Westlake Academy is owned and operated by the Town of Westlake and is the largest operating department of the Town. The TEA requires a separate budget be submitted to the state. A portion of that budget is now incorporated into the Town’s annual budget. The Academy’s fiscal year begins on September 1st and ends of August 31st. Revenues and Other Sources • FY 2014-15 adopted revenues and other sources are $7,612,293 Expenditures and Other Uses • FY 2014-15 adopted expenditures and other uses total $7,848,324 Fund Balance • FY 2014-15 ending fund balance is projected to be $824,394 60   Executive Summary August 11, 2014            Honorable President and Board Trustees  Westlake Academy  2600 J. T. Ottinger Road  Westlake, TX  76262  Transmittal of FY 2014/15 Westlake Academy Budget  “Reaching New Heights Together...One School, One Community”  As Superintendent of Westlake Academy, I am submitting for your consideration the Budget for FY  2014/15.  This Budget for Westlake Academy encompasses all teaching and extra‐curricular operating  expenditures as well as State public school funding and private donations used to support the daily  school operations of Westlake Academy.    This FY 2014/15 All Funds Budget totals $7,803,324 representing a 12% increase from the prior year  primarily due to increasing the number of classes in the PYP Programme (Kindergarten, Grade One, and  Grade Three) as well as completion Phase I of the Master Plan and staffing changes in the MYP and DP  Programme.  The proposed FY 2014/15 budget decreases the fund balance by $236,031 with an ending  balance of $824,393. With the continued support of the Town and Westlake Academy Foundation, the  Academy will be able to balance the budget beyond the five‐year forecast.  Westlake Academy  anticipates state public education funding to maintain levels of 2013/14, approximately $6,840 per  student.  Figure 1 – All Funds Budget Summary   Estimated Proposed $ Increase % Increase FY 2013/14 FY 2014/15 (Decrease) (Decrease) Beginning Fund Balance $ 992,012 $ 1,060,424 $ 68,412 7% Revenues 7,036,474 7,567,293 530,818 8% Expenditures 6,968,062 7,803,324 835,262 12% Net Revenues over (Under) Expenditures 68,412 (236,031) (304,444) Other Resources 331,266 45,000 (286,266) -86% Other Uses (331,266) (45,000) 286,266 -86% Ending Fund Balance $ 1,060,424 $ 824,393 $ (236,031) -22% Assigned $ - $ 125,000 $ 125,000 Ending Fund Balance (Unassigned) $ 1,060,424 $ 699,393 $ (361,031) -34% # Days Operating (Based on 365) 56 33 (23) -41% Daily Operating Expense $ 19,091 $ 21,379 $ 2,288 12% 61   Budget I welcome interested education The devel Fund, and revenue a statemen The budge plan and t sections:   In im sn  O d le A th  Fi sc b  In in b t Presenta e the opportu d parties.  Int nal improvem lopment, revi d Special Reve and expenditu ts, Strategic P et document  the results of ntroductory S mportant info napshot of wh Organizationa eveloped and evel of service cademy’s org he developme inancial Secti chedules pres udget plans a nformational  nfluencing the udget decisio ation unity to prese eraction amo ments which b iew, and cons enue Funds) w ure item with Planning effo and the year f operations a Section – Intr ormation cont hat they can  l Section – Pr d managed.  T e to be provid ganizational a ent and admi ion – Present sent the adop and with futu Section – Co e adopted bu ons.  ent and discus ong interested become availa sideration of t were complet hin the contex rts, and Boar r‐end annual a at the Academ oduces the re tained in the  expect to find rovides the co The context fo ded the stude and financial s nistration of  ts the heart of pted budget f re projection ntains inform dget.  It puts  ss operationa d groups cons able to the stu the 2014/15 ted with a de xt of the Acad d Policy.  audit are the  my.  The budg eader to the d budget. User d in the rest o ontext and fra or the budget ents of the Ac structure as w the budget.  f the Academ for the Acade s.  mation on pas the adopted al plans and re sistently lead udents and p Government etailed and ex demy’s Vision  primary vehi get document document as  rs rely on this of the docum amework wit t is substantia cademy.  The  well as the co my’s budget d my compared st and future  budget into  elated financ ds to operatio arents of We al Fund Budg xhaustive revi n, Mission and icles to prese t is organized a whole. It h s section to ge ent.  thin which the ally predicate framework a ontrols that di ocument.  Th d with the re budgets and  context and i cial impact wit onal and  estlake Acade gets (the Gene iew of every  d Values  ent the financ d into the follo ighlights  et an overview e budget is  ed on the type lso includes t irect and regu he budget fina sults of past  factors  it explains pa th all  my.  eral  cial  owing  w – a  e and  the  ulate  ancial  st  62   Westlake Academy Mission, Vision & Values Westlake Academy is a public charter school offering the International Baccalaureate (IB) curriculum.   Founded in 2003, with a mission to achieve academic excellence and develop life‐long learners who  become well‐balanced, responsible global citizens, Westlake Academy is the first and only municipally‐ owned school in the state to receive a charter designation. Westlake Academy is the fifth school of only  ten in the United States, and the only public school, to offer the full IB curriculum for grades K‐12.  During this year’s budget retreat great care and consideration were given to the mission and vision of  the Academy and the impact that these have on both the long‐term goals of the Academy and its day‐ to‐day operation.  The vision and mission statements represent the outcome of this discussion and  evidence the Board’s continued dedication to academic excellence and personal achievement.  The  values statements are currently being reviewed by the Board and are listed here for reference only.    MISSION:    “Westlake Academy is an IB World School whose mission is to provide students with an internationally  minded education of the highest quality, so they are well‐balanced and respectful life‐long learners.”     VISION:    “Westlake Academy inspires college bound students to achieve their highest individual potential   in a nurturing environment that fosters the traits found in the IB learner profile.”    ~ Inquirers, Knowledgeable, Thinkers, Communicators, Principled,   Open‐minded, Caring, Risk‐takers, Balanced, and Reflective~    VALUES  Maximizing Personal Development  Academic Excellence  Respect for Self and Others  Personal Responsibility  Compassion and Understanding          The following desired outcomes summarize the goals and objectives established by the Board of Trustees  and leadership staff at the Academy.      Desired Outcomes  High Student Achievement  Strong Parent & Community Connections  Financial Stewardship & Sustainability  Student Engagement‐Extracurricular Activities  Effective Educators & Staff 63   Board Members and Administration The Westlake Academy Board of Trustees consists of five trustees and the Board President.  Each  member of the Board serves a two year term with two members and the president being elected on  alternate years.  Several members of the Westlake Academy Leadership Team operate under a shared service agreement  with the Town of Westlake and serve dual roles.    Board of Trustees  Laura Wheat Alyssa Belvedere Michael Barrett Rick Rennhack Carol Langdon Wayne Stoltenberg Board President -----------------------------------------Board of Trustees---------------------------------------- Westlake Academy Leadership Team  *Thomas E. Brymer, Superintendent of Schools  Mechelle Bryson, Executive Principal  Rod Harding, Primary Years Principal  Andra Barton, Middle Years Principal  Andra Barton, Director of Curriculum and Instruction  Benjamin Nibarger, Administrative Coordinator   Alan Burt, Director of Athletics  Shelly Myers, Exec. Director of the WAF/Director of Development  Kristy Wilkinson, MYP Coordinator  Alison Schneider, PYP Coordinator  Christopher Hill, DP Coordinator  *Ginger Awtry, Director of Communications & Community Affairs  *Amanda DeGan, Assistant Town Manager  *Troy Meyer, Director of Facilities   *Debbie Piper, Director of Finance  *Todd Wood, Director of Human Resources & Administrative Services    *Asterisk denotes shared services personnel between Westlake Academy and the Town of Westlake  64   Budget Framework ‐ “Governing and Managing for Outcomes” The budget document is but one part of a system designed to link together critical governance and  management decision making tools.  This system is called “Governing and Managing for Outcomes” and  is designed to integrate:   Strategic planning   Five (5) year financial forecasting,  budgeting, and performance measurement  linked to priorities, objectives, and  outcomes   Reporting to monitor progress in outcome  achievement and accountability for results   Aligning resources to prioritized outcomes   Long term approach to ensure financial  sustainability   Working within Board adopted financial  policies for the Academy   Maintaining core services  Budget Process The process of projecting the budgeting needs of the Academy is a continual process that responds to the  changing needs of the Academy students and staff as well as changes in the fiscal environment such as  the reduced State funding from FY 2009/10.  The process of developing the Academy budget for fiscal  year 2014/15 began with the Westlake Board of Trustees meeting that was held in February of 2014.   Following is a summary of the main steps taken in preparation of the adopted budget.  BOARD OF TRUSTEE BUDGET REVIEW The Board of Trustees regularly receives quarterly budget updates, some of which are detailed in  the trend analysis and the five‐year financial forecast discussed later in this document.  Upon  receipt of the adopted annual budget, the Board holds budget workshops to review adopted  changes, their associated outcomes for the next fiscal year, as well as their impact in a five (5)  year financial forecast.  BUDGET ADOPTION The Board of Trustees holds the required public meeting and adopts the budget in August prior  to beginning the fiscal year which runs from September 1st to August 31st.  BUDGET AMENDMENTS The Final Amended Budget for the Year Ending August 31, 2014 will be submitted at the August,  2014 Board meeting. It will reflect all amendments previously approved by the Board of Trustees  plus any final amendments.  Often, these amendments influence the shaping of the current  budget as actual trends in revenues and expenditures are realized and accounted for.     65   Figure 2 Bud Timeline  October ‐ D December  January  January ‐ M February  April  May 17  June 7th  June ‐ July  August 11th September  Fall 2014  January 201   Academ The Acade environm driven an reviewed  personne dget Process  December  March  h  ‐ August  14  my Approa emy approac ent along wit d guided by t all revenues  l and financia Description  Strategic Pla Westlake Ac WALT meets Develop CIP Broad overv Develop imp Strategic Pla Current Bud BOT Budget BOT conside Budget Ame Begin strate Annual Fina ach  h to coping w th increasing  the Academy’ and expendit al, with the ac of Activities an preparatio cademy Leade s with WA aff P, Five Year Pr view of 2014/ provement pl an preparatio dget Review  t Retreat  eration/adopt endments for egic plan upda ncial Report f with the comb academic sta ’s Strategic Pl tures and foc ccomplishme on process occ ership Team  filiates for joi rojection & Pe /15 Budget w lans for each  on process occ tion of Westl r FY 2013/14 ate/review pr for FY 2013/1 bination of fas andards requi an.  During th used on align nt of establis curs  (WALT) begin nt planning f ersonnel Cost ith BOT  grade level/d curs, prelimin ake Academy rocess for FY  14  st student gro ires that the b he budget de ning the alloca hed goals and ns planning FY or FY 2014/1 t Estimates  dept.  nary budgets  y FY 2014/15  2015/16  owth in a rest budget proce evelopment p ation of resou d objectives.  Y 14/15 Budg 5  developed  Budget  tricted fundin ess is instructi rocess the sta urces, both    get  ng  ionally  aff  66   Explanation & Summary of Major Budget Components REVENUES The revenues received by Westlake Academy are classified into one of three broad categories: Federal,  State or Local.  State funding is the Academy’s largest revenue source making up over 78% of revenues  from all funds.  Staff estimates that the average level of total state aid paid through the Foundation  School Program (FSP) in FY 2014/15 will be approximately $6,840 per student; approximately the same  funding level as the FY 2013/14.  As an open‐enrollment charter school, Westlake Academy has the  ability to establish specific class sizes and set limitations on secondary boundary enrollment.  Enrollment  for FY 2014/15 is projected at 822 students in accordance with the current plan to attempt to maintain  eighteen (18) students per class in kindergarten through fifth‐grade and twenty‐five (25) students per  class in sixth‐grade through twelfth‐grade.    Federal funding is received through grants that support special education and is approximately one  percent (1%) of revenues for all funds.    Local funding consists of two major sources, the Town and the Westlake Academy Foundation.  As a  municipally‐owned charter school Westlake Academy does not have taxing authority; the Town of  Westlake is responsible for debt service and capital improvements, these costs are estimated at  $2,137,954 for FY 2014/15.  The Westlake Academy Foundation is an independent non‐profit  organization that raises funds through donations and fund raising; the FY 2014/15 forecast is $1.1 million.  EXPENDITURES Compensation and benefits are the largest operating cost for Westlake Academy.  The current teacher  pay scale is based on the Board policy of being within 3% of the median of the nine (9) surrounding public  school districts.  Per Board direction, the salary scale had a 1.5% pay increase for all faculty and staff  members in the FY 2013/14, and staff is recommending a 2% pay increase for all faculty and staff  members in the FY 2014/15 school year.  The increase for all applicable staff equals $149,743  (approximately 3%, including step‐increases).  The shared services model that the Academy operates under with the Town of Westlake provides  administrative services.  These costs were previously booked to the Westlake Academy operating budget,  but were removed from the Academy operating budget in the FY 2012/13 school year. The following  table illustrates the indirect operating costs of running the Academy which are booked to the Town of  Westlake’s General Fund and Debt Service Fund.  Figure 3 ‐ Overall Total Cost Summary – All Governmental  Funds and Municipal Debt Service Payments  Overall Cost Summary  Estimated Proposed FY 2013/14 FY 2014/15 Proposed Operating Expenditures $6,668,062 $7,503,324 Municipal‐Transfer to WA Operating Budget 390,000 315,000 Sub‐Total 7,058,062 7,818,324 Annual Debt Service Payment (paid from Municipal budget) 1,935,529 2,137,954 Major Maintenance and Replacement 165,000 71,000 In‐direct Operating Costs 325,000 450,500 Grand Total All Costs $9,483,591 $10,477,778 67   Other Considerations MULTI‐YEAR FINANCIAL FORECAST Due to increased student enrollment, slight increases in State of Texas public education funding,  additional support from the Westlake Academy Foundation and the Town of Westlake, the Academy  anticipates that its Fund Balance will remain above the TEA’s recommended 45 days.    Figure 4 – Revenues, Expenditures & Fund Balance – General Fund Summary  Historically, revenues and expenditures have increased at relatively the same rate which has dictated the need for a higher  fund balance in order to sustain the 45‐day minimum requirement established by Board policy.  PROGRAMS & FACILITIES Over the last three fiscal years, the Academy has increased course offerings in a number of areas,  including, foreign languages, theater arts, technology, and science.  This expansion of programs and  facilities was primarily funded through the student expansion in the secondary programme.  The  increased offerings necessitated additional facilities in the form of three portable classroom buildings.   During this same timeframe, the Academy has completed and the Board of Trustees adopted a Facility  Master Plan.  This plan provides a clear understanding of future growth needs at the Academy. The  Facility Master Plan can be viewed on the Academy’s or the Town of Westlake’s website.  The Academy is completing Phase 1 of the Academy’s expansion plan, which will be placed in service in  FY 2014/15.  This includes three additional buildings, a secondary classroom building, a multi‐ purpose hall, and field house.  These  additional facilities will allow the  Academy to accommodate  approximately 820 students as new  student enrollment occurs.   FY 09/10 Actual FY 10/11 Actual FY 11/12 Actual FY 12/13 Actual FY 13/14 Estimated FY 14/15 Proposed FY 15/16 Estimated FY 16/17 Estimated Revenues $4,280,723$4,608,573$5,244,170$5,640,930$6,635,473$7,445,897$7,518,245$7,633,265 Expenditures $3,917,886$4,518,107$5,287,757$5,496,177$6,611,593$7,554,617$7,609,617$7,609,617 Fund Balance $767,491$914,660$814,487$959,240$1,239,386$1,130,666$909,295$932,943  $‐  $1  $2  $3  $4  $5  $6  $7  $8  $9 Mi l l i o n s WA  Program Growth 68       Financ The budge into a ser $7,567,29 The follow in the Aca and the D Academy  adopted w are includ Figure 5 – T REVENUES Federal Prog State Program Local Revenu Figure 6 – G The largest approximat   cial Summ et is develope ies of accoun 93 and total e wing schedule ademy’s Budg Debt Service F does not ma will be the Ge ded througho Table: Revenue S ram Revenues m Revenues ues Graph: Revenue  t revenue source tely three‐quart mary ed within the ts called fund expenditure a es present a c get. Budgets f Fund must be  intain a Food eneral Fund. F ut the presen Summary – All G Audited FY 10/11 $ 157,445 3,945,658 874,206 4,977,309 Summary – All  e for Westlake A ters of All Gove State Program Revenues 76% e guidelines p ds.  The total  ppropriation comparison o for the Gener included in t  Service Fund For informatio ntation.  Governmental F Audited FY 11/12 $ 152,351 4,362,921 1,237,004 5,752,276 Governmental F Academy is Sta ernmental fund  m  REV redicated by  revenue for a s amount to $ of revenues an ral Fund, the  he official dis d or a Debt Se onal purpose unds  Audited FY 12/13 $ 81,958 $ 4,648,649 1,205,931 5,936,538 Funds  te Foundation S revenues.  VENUES the Texas Ed all funds for t $7,803,324.   nd expenditu Food Service  strict budget  ervice Fund; t es only, budge Adopted Budget FY 13/14 $ 67,722 $ 4,855,506 1,538,434 6,461,662 School Program Fede R Loc S ucation Agen the Academy    res for all Go Fund (a Spec (legal or fisca therefore; the ets for Specia Estimated Budget FY 13/14 $ 80,008 $ 5,034,023 1,922,443 7,036,474 m funding which eral Program  Revenues 1% cal Revenues 23% ncy and is org is estimated  overnmental F cial revenue F al year basis). e only fund le l Revenue Fu Proposed Budget FY 14/15 $ 73,896 $ 5,782,092 1,711,305 7,567,293 h makes up  anized  to be  Funds  Fund)    The  egally  unds  Variance Estimated to Adopted $ (6,112) 748,069 (211,138) 530,818   69     Figure 7 Tab EXPENDI 11 - Instru 12 - Reso 13 - Staff 21 - Instru 23 - Scho 31 - Guida 33 - Healt 35 - Food 36 - CoCu 41 - Admi 51 - Maint 53 - Data 61 - Comm 71 - Debt 81 - Facili Total Exp Excess (D Over (Und Figure 8 – E The largest Governmen ble: Expenditure ITURES (BY FU uctional ources & Media Development uctional Leaders ool Leadership ance & Counsel th Services Services urricular/ Extra. A nistrative tenance & Oper Processing munity Services Service ity Acquisition/C enditures eficiency) of Rev der) Expenditure Expenditure Sum t expenditure ca ntal fund expen 65XX ‐ e Summary – All A UNCTION) F 2 ship ing Activities ations onstruction 4 venues s mmary – All Gov ategory is Payro ditures. 61XX ‐Pay Related It 72% ‐Debt Service 1% Ex l Governmental Audited Au FY 10/11 FY ,764,022 3,17 73,398 8 111,933 7 125,265 13 294,931 34 165,245 23 53,513 6 - 7,275 13 105,472 67 301,672 59 525,273 17 154,962 7 69,739 132,286 ,884,985 5,79 92,325 (4 ernmental Fund oll & Related ite yroll &  tems % 64XX ‐Oth Operatin 5% xpenditu  Funds  dited Audite 11/12 FY 12/ 70,372 3,458,1 89,129 57,7 74,656 130,9 35,962 93,9 47,515 341,5 32,419 244,8 60,917 58,2 11,517 31,972 125,1 75,763 363,5 96,913 614,0 73,587 160,6 76,880 86,8 - 15,960 27,9 93,560 5,763,6 41,285) 172,9 ds  ems which make her  g ures by  Adopted ed Budget /13 FY 13/14 117 3,633,683 784 60,785 924 144,154 965 185,339 524 456,515 899 238,786 208 58,620 - 15,116 137 221,087 547 362,289 041 674,112 695 247,719 844 92,091 - - 930 - 616 6,390,294 923 71,368 es up approxim 6 63 Object Estimated Budget FY 13/14 3 4,079,186 5 66,170 4 147,157 9 207,093 5 553,655 6 280,680 0 63,634 6 - 7 164,079 9 389,170 2 725,907 9 177,766 107,162 6,405 - 4 6,968,062 8 68,412 mately three‐qua 62XX ‐Contrac Services 14% XX ‐Supplies & Materials 8% Proposed Budget E FY 14/15 to 4,621,940 66,252 129,589 237,967 660,620 246,539 68,711 500 171,255 343,835 956,091 105,015 110,824 84,186 - 7,803,324 (236,031) arters of all  cted  &  Variance Estimated o Adopted 542,755 81 (17,568) 30,874 106,966 (34,141) 5,078 500 7,176 (45,335) 230,185 (72,751) 3,662 77,781 - 835,262 (304,444)   70   Budget Trends   GENERAL FUND ‐ STATE FUNDING Despite a 4% historical average annual growth rate, the State of Texas continues to lag behind the  national average for per pupil funding, providing $1,000 to $1,500 less per pupil than the national  average.  Due to its Charter status, Westlake Academy receives less State funding per student than other  non‐charter public schools because public charter schools in the State of Texas do not receive facility  funding.  The Academy’s State funding per pupil peaked in FY 09‐10 with cuts in the following two years  due to state budget short‐falls.  The state increased funding by approximately four percent (4%) in 2013.   In FY 2014/15, the Academy anticipates that state funding will remain flat from FY 2013/14.  Westlake Academy receives minimal federal funding (IDEA B – Special Education Funds) depending  primarily upon state education funds and private donations to cover operating costs. The 2013 legislative  session increased per student funding, but less than half the cut seen in the 2011 legislative session. As  the single largest expenditure in the state’s budget, it is likely that any possible future reductions in  spending may negatively impact public education funding. Due to prior state funding reductions, the  Academy has become more dependent upon the private donations for operating costs and further  financial support from the Town of Westlake.  Funding ongoing operating costs with one‐time dollars  raised through private donations places the Academy in a potentially tenuous situation.  If private  donations do not meet the levels necessary to offset public education reductions, then the Town of  Westlake must increase financial support or consider reducing levels of service.    Figure 9 ‐ Average Funding per Student    The difference between the amount of Texas State funding and Westlake Academy is the amount dedicated to facilities  funding.  Public charter schools in Texas do not receive facility funding.    8,340  10,838  7,214  8,283  4,809  6,817  4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 2004200520062007200820092010201120122013 Average Funding per Student National Avg.Texas Westlake Academy 71   The largest funding sources for Westlake Academy continue to be State funding and the Westlake  Academy Foundation.  State funding was 86% of General Fund revenues in FY 09/10 and are currently  approximately 78%, while Westlake Academy Foundation contributions have climbed from less than 10%  to approximately 17% of the Academy’s total General Fund Revenues in FY 2014/15.  Figure 10 ‐ General Fund Revenues by Source  GENERAL FUND ‐ LOCAL FUNDING The WAF Annual Program contributions have increased each year since FY 06/07.  The average   contribution per student has increased sharply in response to the public education funding decreases.   WAF contributions are anticipated to reach $1.1 million in FY 2014/15.  Figure 11 – WAF Annual Program Contributions    The FY 2014/15 WAF Annual Program contribution of $1,100,000 is based upon prior years giving.     ‐  200  400  600  800  1,000  1,200  1,400  1,600  1,800 FY 11/12FY 12/13FY 13/14FY 13/14FY 14/15 Th o u s a n d s Revenues by Source Transportation/Parking Athletic Activities Town Contribution ‐ Westlake Reserve Town Contribution Food Services Interest Earned WAF Fund‐an‐Item WAF Donation Other Local Revenue WAF Salary Reimbursement $388 $407 $394 $431 $524  $680  $800  $1,079 $1,100   $‐  $200  $400  $600  $800  $1,000  $1,200 FY 06/07FY 07/08FY 08/09FY 09/10FY 10/11FY 11/12FY 12/13FY 13/14 Estimated FY 14/15 Proposed Th o u s a n d s WAF  Annual Program Contributions 72   Service Level Adjustments This budget makes use of Service Level Adjustments (SLA’s) to track any cost changes.  These cost  changes will fall into one of four categories:  first, increased operating costs to maintain current levels of  service; second, increased operating costs due to expanded levels of service; third, increased costs due to  the development of new services, and fourth, cost savings.  Cost savings may occur for any number of  reasons, but primarily arise due to increased efficiency, service level reductions, or not expending the  budgeted resources.  Generally speaking, Service Level Adjustments (SLA’s) in this budget fall into the category of increased  operating costs for existing programs.  Some SLA’s are due to existing program expansion, such as  increasing the number of staff and facilities.  SLA’s involving new expenditure areas to target for recommendation to the Board for FY 2014/15, staff  recommended several areas for adjustments:  Salary Related Expenditures Total: $439,787  Desired Outcome: High Student Achievement  In FY 2014/15 we will have 91.8 full‐time equivalent employees (FTE’s), an increase of  14.62 FTE’s.  The  increase in expenditures is the result of a combination of adding new positions, the years of experience  of our new teachers, an increase in unemployment insurance and other employer contributions, as well  as the increased cost associated with staffing. With addition of approximately 100 new students, staffing  increases were necessary.  Approximately $149,743 is related to the 2% salary increase.     Asst. to Executive Principal (.50)    PYP Kindergarten (1.0)   PYP Grade 1 (1.0)   PYP Grade 2 (1.0)   Primary Art (.50)   Strings Staff (.67)   Secondary Theater Arts  (‐.75)   Special Education (1.0)   Grade 6 (1.0)   Secondary Art (.50)   Secondary English (1.0)   Secondary Humanities (‐.50)   Secondary Economics (1.0)   Secondary Math (2.0)   Secondary Science (‐.16)   Secondary Phys. Ed (.50)   Speech (‐.17)   Counselors (‐.30)   Teaching Aides (1.93)   Director of Student Life (1.0)   Director of Curriculum (.50)   IT Tech (‐.70)   Office Aide (1.10)   Lunchroom Personnel (‐.40)   Day Porter (1.4)   Salary Adjustments ($86,400)    Professional & Contracted Services Total: $126,960  Desired Outcome: High Student Achievement  Professional and contracted services rendered to the Academy by firms, individuals, and other  organizations.  These represent the approximate services that are rendered for the Academy.   Instructional Services ($‐4,830)   Staff Development ($7,000)   School Leadership ($‐450)   Guidance & Counseling ($‐15,457)  73    H  A Supplies & Desired O Supplies a maintena  In  R  Sc  H  C   Other Op Desired O Other ope and dues,  In  R  St  A  R   Debt Serv Desired O  iP   ealth Service dmin Service & Materials  Outcomes: Eff and materials nce of the ca nstructional ($ esource & M chool Leaders ealth Service ounseling Ser erating Costs Outcome: Effe erating costs  , graduations  nstructional (‐ esource & M taff Developm dmin Service esource & M vice Costs  Outcome: Effe Pad Lease Pay s ($855)  s ($‐763)  fective Educat s costs are ass mpus, books, $210,223)  edia ($2,900) ship ($‐500)  s ($140)  rvices ($2,400 s  ctive Educato are associate expenses, an ‐$5,500)  edia (‐$500)  ment ($27,589 s ($5,881)  edia ($4,830) ctive Educato yment ($77,78 tors & Staff – sociated with , iPads, testin )  0)  ors & Staff – H ed with insura nd miscellane 9)  )  ors & Staff – H 81)    – High Studen  consumable ng materials, f     High Student A ance, professi eous costs.       High Student A  Facility &  Data Proc t Achievemen s that are use furniture, and  Food Serv  Admin Se  Facility &  Data Proc Achievement ional develop  Instructio  School Le  Guidance  Facility &  Commun   Achievement & Maintenanc cessing ($‐2,0 nt  ed in the clas d classroom s vices ($500)  ervices ($‐1,7 & Maintenanc cessing ($4,50 t  pment, travel, onal Leadersh eadership ($‐6 e & Counselin & Maintenanc nity Services ($ t  e ($143,105) 000)  Total: $23 sroom,  supplies.  75)  e ($15,413) 00)  Total: $6 , membership hip ($‐5,710) 6,250)  ng ($1,304)  e ($45,939) $‐2,950)  Total: 7 33,301  65,194  p fees  77,781  74   Individual Fund Summary GENERAL FUND The General Fund is a governmental fund with budgetary control which is used to show transactions  resulting from operations of on‐going organizations and activities from a variety of revenue sources.   FY 2014/15 Adopted:  Revenues = $6,212,057 Expenditures =$6,140,689   Figure 12 ‐ Revenue & Expenditure Comparison – General Fund    Revenues have exceeded expenditures over the last two fiscal years.  This is due to increased donations from the  Westlake Academy Foundation and the State’s increase in public education funding, approximately a four percent (4%)  increase.    $4 . 2 8 $4 . 6 1 $5 . 2 4 $5 . 6 4 $6 . 6 4 $7 . 4 5 $3 . 9 2 $4 . 5 2 $5 . 2 9 $5 . 5 0 $6 . 6 1 $7 . 5 5  $‐  $1  $2  $3  $4  $5  $6  $7  $8 FY 09/10 Audited FY 10/11 Audited FY 11/12 Audited FY 12/13 Audited FY 13/14 Estimated FY 14/15 Proposed Mi l l i o n s Revenue & Expenditure Comparison Revenue Expenditure 75   SPECIAL REVENUE FUNDS The Special Revenue Funds are the funds that account for local, state and federally financed programs or  expenditures legally restricted for specified purposes or where unused balances are returned to the  grantor at the close of a specified project period.      Figure 13 – Special Revenue Funds   Variance Estimated Proposed Estimated FY 13/14 FY 14/15 to Proposed SPECIAL REVENUE FUNDS Federal Grants through TEA Fund 224 - IDEA B $ 80,777 $ 92,331 $ 11,554 Sub-total Federal Grants 80,777 92,331 11,554 State Grants through TEA Fund 410 - Material Allotment Disbursement 55,442 - (55,442) Sub-total State Grants 55,442 - (55,442) Local Activities Fund 461 - Local Campus Activity 29,680 32,000 2,320 Fund 483 - International Symposium (HOC & WAF) 4,092 - (4,092) Fund 484 - Local Grants (HOC & WAF) 40,298 - (40,298) Sub-total Local Activities 74,070 32,000 (42,070) Hudson Foundation Grants Fund 481 - Hudson Foundation Curriculum Development 28,449 7,551 (20,898) Fund 485 - MYP Principal & Discretionary Funds 6,637 106,825 100,188 Fund 498 - Director of Curriculum & Instruction 69,345 - (69,345) Sub-total Hudson Foundation Grants 104,431 114,376 9,945 Westlake Academy Foundation (WAF) Grants Fund 486 - Support Math Teacher 25,000 - (25,000) Fund 487 - Recruit & Retain Legacy Teachers 15,000 7,500 (7,500) Fund 497 - Financial Assistance 1,750 2,500 750 Sub-total Foundation Grants 41,750 10,000 (31,750) Grant Total - All Special Revenue Funds $ 356,469 $ 248,707 $ (107,762)   76   Inform CHANGE Debt serv budget.  T be retired is approxi FACILITI The Acade of almost  beginning important resources three add These bui additiona PERSON The Acade as well as employee mational S ES IN DEBT vice for the Ac The amount o d in 2043.  The mately $2,14 TIES emy was orig 150 students g of the FY 20 t role in dete s.  Phase‐one  ditional purpo ldings will ho l facilities wil NNEL TREND emy has adde  curriculum e es. ummary cademy’s cap of debt outsta e average ann 40,000.    ginally designe s; the facilitie 14/15 school rmining facilit of the Facility ose built facili ouse a new se l allow space  DS ed personnel  expansion.  In ital infrastruc anding includ nual debt ser ed and built t es at the Acad  year.  Howev ty use; the IB y Master Plan ties schedule econdary scho for additiona each year sin  FY 2014/15 a cture is includ ing interest is rvice for Acad to service app demy are proj ver, curriculu B curriculum p n placed three ed to be place ool building, a al student enr nce its openin an additional ded in the Tow s approximat demy facilities proximately 6 jected to reac um and course places a uniqu e new portab ed in service i a multi‐purpo rollment. ng to support   14.62 FTE po wn of Westla ely $41,491,2 s paid by the  675 students,  ch full capacit e schedules p ue demand o ble classroom n the FY 2014 ose hall, and f  new grade le ositions for a  ake’s municip 285; this debt Town of Wes with the add ty at the  play an equall n staff and   buildings an 4/15 school y field house. T   evels and clas total of 91.8 al  t will  stlake  dition  ly  d  year.   The  sses  FTE  77   Figure 14 ‐ Westlake Academy FTE Staff    Staff levels have increased steadily since the Academy opened in FY 03/04 as the program offerings and each grade level  is fully filled. The Academy added 14.62 instructional FTE positions.    SUDENT ENROLLMENT TRENDS Westlake Academy’s student enrollment is established by two sets of boundaries.  The primary  boundary encompasses the Town of Westlake and allows Westlake residents automatic entry into  Westlake Academy.  The secondary boundaries are comprised of 31 of the surrounding school districts.  While any school‐age child from these districts is allowed to attend the Academy, demand for entrance  has exceeded the Academy’s capacity necessitating an annual lottery system that is carried out  according to the standards and practices dictated by Federal law.    Student enrollment has grown since the Academy’s opening in FY 03/04 with the addition of one new  grade level each year.  The Academy opened with Grades 1 through 6 and completed adding grade  levels in FY 09‐10.  The Academy’s enrollment continued to expand in FY 10/11 with an increase in  target class sizes of 20 pupils per class and the addition of a third section in the secondary programme.  In FY 2014/15 the campus facilities at the Academy are expected to reach full capacity.  Due to growth in  the primary boundary, the Academy placed three additional portable buildings in service in FY 2013/14  and three purpose built facilities in FY 2014/15. This additional facility space will allow the Academy to  service approximately 850 students, as growth in the primary boundary necessitates new enrollment.  As an open enrollment charter school, Westlake Academy has the ability to set and maintain enrollment  numbers at levels determined by the Board of Trustees.  The Academy currently has over 2,000 students  on a waiting list spanning Kindergarten through grade eleven.  The waiting list which is developed each  37.00  44.60  50.10 55.62  60.44  69.53 73.07 77.18  91.80   ‐  10  20  30  40  50  60  70  80  90  100 FY 06/07 Actual FY 07/08 Actual FY 08/09 Actual FY 09/10 Actual FY 10/11 Actual FY 11/12 Actual FY 12/13 Actual FY 13/14 Actual FY 14/15 Proposed Employee Growth (FTE) Primary Programme Secondary Programme Business Admin Special Education Instructional Administration Librarian / Aide Counseling Information Tech Nurse Facilities Instructional Aides Intern 78   year throu stable stu Figure 15 ‐ W Total enroll 530 in FY 10 offerings. W WORKIN Given the Town of W municipal made by t financial s thoughtfu funding a Academy  Perform In FY 2013 schools in ranking o The State  (TAKS) tes required u Readiness No Child L performa 0 200 400 600 800 1000 ugh a lottery  udent populat Westlake Acade lment has incre 0/11 to 610 in F With the comple NG LEAN e new paradig Westlake is co l financial sup the Blacksmit stewardship i ully crafted fin nd ensure tha for years to c mance Re 3/14, Westlak n the country. rganizations d     of Texas is cu st to assess st under Texas e s (STAAR) exa Left Behind A nce historica 346 3 FY 06/07FY  process, allow tion number a emy Student Enr eased steadily si FY 11/12 is due  etion of Phase I, gm of decreas ommitted to p pport where n th Campaign  n the school’ nancial foreca at a quality, I come.  esults ke Academy w .  This is the t due to rigoro urrently phas tudents’ attai education sta am has increa Act (NCLB).  Th lly, as well as  379 417 07/08FY 08 W ws the Acade and classroom rollment  ince FY 03/04 in to the Board’s  , the Academy  sing State aid  providing for  needed if futu and the West s operations  ast will help t B curriculum  was recognize hird year in w us and extrao sing out the u inment of rea andards; Its re sed rigor ove he charts belo against the s 7 491 /09FY 09/10 WA  Stude emy to fill sea m size.    n harmony with decision to exp will be adding a and increasin the long‐term ure budgets s tlake Academ and expendit to foresee fut will continue ed by the Wa which the Aca ordinary acad   se of the Tex ading, writing eplacement, t er the TAKS an ow utilize TEA state perform 530 0 FY 10/11 ent Enro ats if student  h the expansion pand class sizes  approximately 1 ng demand, W m viability of  stop short, ut my Foundation tures. These i ture negative  e to be offere shington Pos ademy has be demic perform xas Assessmen g, math, scien the State of T nd complies w A data to com mance.  630 FY 11/12FY ollment attrition occu n of grade levels in an effort to i 120 new studen Westlake Aca its program b ilizing and bo n, and contin initiatives com indicators of d to the stud st as one of th een recognize mance.  nt of Knowled nce, and socia Texas Assessm with the requ mpare Westla 658 69 Y 12/13FY 1 urs, maintaini s.  The increase  increase progra nts in FY 2014/1 demy and th by maintainin olstering dona uing a focus o mbined with  f decreased  ents of the  he best public ed by nationa   dge and Skills al studies skill ments of Acad uirements of t ke Academy’s 97 822 13/14FY 14/ Propos ing a    from  am  15.  e  ng  ations  on  a  c high  l  s  s  demic  the  s  15 sed 79     Description FY 06/07 FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 Reading/ELA 99% 98% 99% 100% 98% 99% 99% 99% Writing 99% 91% 93% 100% 96% 99% 95% - Social Studies 99% 95% 98% 100% 99% 99% 99% 99% Mathematics 95% 91% 93% 98% 94% 96% 91% 96% Science 78% 88% 96% 99% 99% 99% 99% 97% Texas Accountability Rating Recognized Recognized Exemplary Exemplary Exemplary Exemplary Exemplary - % Commended 2005 2006 2007 2008 2009 2010 2011 2012 2013 Reading/ELA 57% 60% 61% 61% 51% 56% 56% 48% 17% Writing 54% 58% 51% 34% 55% 43% 40% - 8% Social Studies - 67% 44% 53% 58% 65% 44% 72% - Mathematics 45% 48% 43% 44% 40% 46% 37% 47% 21% Science 30% 34% 31% 45% 45% 43% 65% 40% -   The table above shows the Academy’s performance on the state’s standardized test from inception.  The TEA rolled out a  new state assessment the STAAR (State of Texas Assessments of Academic Readiness).  TAKS will be phased out over the  next year.    Grade Level Grade 3 Grade 4 Grade 5 Grade 6 Grade 7 Grade 8 2012 - Standard Phase-In 1 Final Phase-In 1 Final Phase-In 1 Final Phase-In 1 Final Phase-In 1 Final Phase-In 1 Final Reading 82% 44% 88% 69% 95% 76% 93% 73% 93% 73% 98% 85% Writing - - 95% 60% - - - - 93% 63% - - Mathematics 67% 22% 79% 21% 100% 71% 92% 63% 88% 50% - - Science - - - - 90% 45% - - - - 91% 67% Social Studies - - - - - - - - - - 84% 34% 2013 - Standard Phase-In 2 Final Phase-In 2 Final Phase-In 2 Final Phase-In 2 Final Phase-In 2 Final Phase-In 2 Final Reading 78% 59% 73% 54% 88% 72% 95% 85% 87% 68% 93% 83% Writing - - 75% 50% - - - - 75% 49% - - Mathematics 59% 50% 58% 23% 86% 74% 84% 73% 67% 54% - - Science - - - - 74% 43% - - - - 78% 51% Social Studies - - - - - - - - - - 60% 31% 2014 - Standard Ph a s e - I n 1 Ph a s e – I n 2 Re c o m m e n d e d Ph a s e - I n 1 Ph a s e – I n 2 Re c o m m e n d e d Ph a s e - I n 1 Ph a s e – I n 2 Re c o m m e n d e d Ph a s e - I n 1 Ph a s e – I n 2 Re c o m m e n d e d Ph a s e - I n 1 Ph a s e – I n 2 Re c o m m e n d e d Ph a s e - I n 1 Ph a s e – I n 2 Re c o m m e n d e d Reading 93% 79% 68% 91% 77% 57% 98% 89% 72% 98% 93% 84% 97% 93% 83% 95% 89% 77% Writing - - - 93% 81% 72% - - - 94% 93% 69% - - - - - - Mathematics 70% 54% 35% 80% 63% 41% 100% 94% 76% 98% 91% 78% 93% 84% 60% - - - Science - - - - - - 94% 81% 55% - - - - - - 87% 79% 61% Social Studies - - - - - - - - - - - - - - - 80% 61% 28%   The table above provides the Academy’s performance data on the first two‐years of the STAAR assessment.  The State has  increased the rigor of the state assessment and has developed a phased grading system.  The minimum performance  level will be increased each year, until FY 2014/15.  The table shows the relative overall performance with the phased‐in  and final measures.    80   Westlake A Rating Syst improve eff Academy’s  capital expe PARENT Westlake  constant i help ident Parent Su concerns  help craft satisfactio   81% of the  delivers to i Academy has ac tem for providin ficiencies and re expenditures a enditures.  T SURVEY RE Academy is f input from st tify any futur rvey was con were with th t improvemen on survey eve parent’s survey its students.  chieved a four a ng quality educa educed the per  are near the me ESULTS focused on de akeholders.   e needs and t nducted in Jun e Middle Yea nt plans for th ery other year yed were very s Very Sati Satis 81 Ov and one‐half sta ation at a reaso student cost.  B dian when com elivering high Each year We to prioritize r ne 2013 and s rs Programm he upcoming  r to continue  atisfied or satis isfied or  sfied % verall Sa Quality  ar rating from th onable cost per  Benchmarking a mparing expendi  quality educ estlake Acade resource alloc saw a slight d me Curriculum two‐years.  W to track over sfied with the o atisfactio of Educa he Texas State  student. Future against the surr itures per stude cational servic emy conducts cation.  The F decrease in sa m and Faculty. Westlake anti rall performa verall quality of Diss Neu 16 on with  ation Comptroller’s F e enrollment inc rounding local I ent excluding de ces and depe s an Annual P Y 2012/13 W atisfaction (3% .  The results  cipates comp nce and satis f education We satisfied 3% tral 6% FAST School Dist creases will furt ISDs, Westlake  ebt service and  nds upon the Parent Survey Westlake Acad %).  Primary  will be utilize pleting a pare faction.  estlake Academ   trict  ther  e  y to  emy  ed to  ent    y  81   AWARDS The Association of School Business Officials International (ASBO) has presented a Meritorious Budget  Award to Westlake Academy for four consecutive years.  Additionally, the Academy received the  Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA);  representing the fifth year the Academy has received this award.  These awards represent a significant achievement that reflect the dedication and commitment the  Board of Trustees and staff have given to meeting the highest principles of governmental accounting.   These awards are valid for one year only.  We believe our current budget continues to conform to  program requirements, and we are submitting it to ASBO and GFOA to determine its eligibility.  SUMMARY Westlake Academy has faced a number of hurdles over the last several years, decreased state funding,  increased rigor in state assessments, recruitment and retention of legacy teachers, facility issues, and  unprecedented growth, but through all of this, the students, staff, and faculty have shown an enormous  amount of determination to continually hold to our vision and rise to any challenge.  It is with this in  mind that we present the FY 2014/15 budget theme, “Reaching New Heights Together...One School,  One Community.”  Over the last year, many hours have been spent to further develop our vision of the future; determining  the best opportunities that lay before us to help us accomplish our mission and truly become a “shining  school on the hill.”  While we have many successes to celebrate, we are constantly striving to improve  the Academy through multiple avenues, including: getting the right people on the bus, making sure that  we are consistently taking measure of our course, and making adjustments as we move towards our  goal; it is through our talented faculty, staff, students, and their supportive families, that we are able to  unfailingly rise to the challenges, and hold to our vision.  On behalf of our entire learning community, I would like to thank the Board for their leadership,  dedication to excellence, and their support in making Westlake Academy and the Town of Westlake,  truly a shining example of what can be accomplished when people come together with a common  purpose:   great things can happen!  As with all good teams, it becomes necessary to draw attention to performers who go above and  beyond to make sure we accomplish our goals.  I would like to recognize the hard work of the  Westlake Academy and Municipal Leadership Team, and specifically Debbie Piper and Ben Nibarger  for their efforts in completing this award winning document.  I know with the team we have in place,  we will continue “Reaching New Heights Together...One School, One Community.”    Thomas E. Brymer  Town Manager/Superintendent Westlake Academy  82 83 Capital Projects Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services - - - - 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees - - - - 0%- 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings 5,503 7,400 7,400 7,400 0%- 10 11 Contributions 4,897,456 256,500 16,500 320,000 1839%303,500 11 12 Misc Income - - - - 0%- 12 13 Total Revenues 4,902,959 263,900 23,900 327,400 1270%303,500 13 14 Transfers In - - - 1,150,000 100%1,150,000 14 15 Other Sources Bond Proceeds PROPOSED - - - 1,125,000 100%1,125,000 15 16 Total Other Sources - - - 2,275,000 100%2,275,000 16 17 TOTAL REVENUES & OTHER SOURCES 4,902,959 263,900 23,900 2,602,400 10789%2,578,500 17 18 EXPENDITURES & OTHER USES 18 19 Payroll Salaries - - - - 0%- 19 20 Payroll Insurance - - - - 0%- 20 21 Payroll Taxes - - - - 0%- 21 22 Payroll Retirement - - - - 0%- 22 23 Payroll Transfers - - - - 0%- 23 24 Total Payroll and Related - - - - 0%- 24 25 Supplies - - - - 0%- 25 26 Services - - - - 0%- 26 27 Insurance - - - - 0%- 27 28 Repair & Maintenance - - - - 0%- 28 29 Rent & Utilities - - - - 0%- 29 30 Interfund Advances - - - - 0%- 30 31 Debt - - - - 0%- 31 32 Total Expenditures - - - - 0%- 32 33 Capital Outlay - - - - 0%- 33 34 Capital Projects 5,844,927 1,838,484 1,704,120 3,301,000 94%1,596,880 34 35 Total Capital 5,844,927 1,838,484 1,704,120 3,301,000 94%1,596,880 35 36 TOTAL OPERATING AND CAPITAL EXPENDITURES 5,844,927 1,838,484 1,704,120 3,301,000 94%1,596,880 36 37 Transfer Out - - 200,000 - -100%(200,000) 37 38 Total Other Uses - - 200,000 - -100%(200,000) 38 39 TOTAL EXPENDITURES & OTHER USES 5,844,927 1,838,484 1,904,120 3,301,000 73%1,396,880 39 40 EXCESS REVENUES OVER(UNDER) EXPENDITURES (941,967) (1,574,584) (1,880,220) (698,600) -63%1,181,620 40 41 FUND BALANCE, BEGINNING 3,580,803 2,638,835 2,638,835 758,615 -71%(1,880,220) 41 42 FUND BALANCE, ENDING 2,638,835 1,064,251 758,616 60,015 -92%(698,601) 42 43 Restricted/Assigned/Committed Funds 2,638,835 1,064,251 758,616 60,015 -92%(698,601) 43 44 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 44 45 45 46 Restricted/Assigned/Committed Funds 46 47 C Cash/CD's 410 10110 00 000 2,638,835 1,064,251 758,616 60,015 -92%(698,601) 47 48 0%- 48 49 0%- 49 50 0%- 50 51 0%- 51 52 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 2,638,835 1,064,251 758,616 60,015 -92%(698,601) 52 vs 84 FFUUNNDD OOVVEERRVVIIEEWW CCAAPPIITTAALL PPRROOJJEECCTTSS FFUUNNDD This fund tracks the infrastructure and building projects funded with general fund operating transfers, intergovernmental revenue, bond funds and other special fund sources. Capital projects are those projects over $25,000 that may extend over one fiscal year to complete and reflect multiple expense categories such as engineering, design and construction. All capital projects illustrate not only the expenditure and revenue sources, but ongoing operational impact. Completion of CIP projects may have a fiscal impact to the Town’s operating funds as routine maintenance and operational expenditures are necessary to utilize the completed project. When an operating impact has been identified, it is included on the project description sheet, and costs are projected for the next three years. Upon approval of the project for an annual expenditure, the fiscal impact is integrated into the operating budget. Revenues and Other Sources • FY 2014-15 proposed revenues and other sources are $2,602,400. • This represents an increase of $2,578,500 from the FY 2013-14 estimated budget of $23,900. o Contributions relating to the FM 1938 Streetscape Improvements totaling $250,000 o Anticipate bond proceeds of approximately $1,125,000 for the acquisition of land for the Fire Station complex o Transfers in of $1,150,000 for various capital projects Expenditures • FY 2014-15 proposed expenditures total $3,301,000 Proj No. Description Amount CP20 FM 1938 Streetscape/Wayfinding $ 1,000,000 CP34 S. Roanoke Road Recon & Drainage 453,000 CP40 Sam School Road Recon & Drainage 266,000 CP41 E. Dove Road Recon & Drainage (Vaq - TB) 100,000 CP50 Glenwyck Farms Park Improvemen 195,000 CP55 Outdoor Warning System 99,000 CP62 Water Line & Well Improvements 63,000 CP64 Fire Station Complex 1,125,000 TOTAL CAPITAL PROJECT EXPENSE $ 3,301,000 Fund Balance • FY 2014-15 ending fund balance is projected to be $60,015 85 Estimated PROPOSED Proj No.Description FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 TOTALS TOTALS REVENUES AND OTHER SOURCES CP20 Town Improvements - 320,000 - - - - - 402,016 CP30 Contributions 114/170 Enhancements - - - 160,000 - - 160,000 309,622 CP47 Hwy 377 Westport Parkway Sign 16,500 - - - - - - 16,500 Contributions - TSH Proceeds - - - - - - - 400,000 Interest Income 7,400 7,400 4,000 3,500 - - 7,500 65,520 Transfer in from GF - 1,150,000 600,000 480,000 - - 1,080,000 5,749,714 CP65 Bond Proceeds - Maintenance/Storage Facility - - - - - 20,000 20,000 20,000 CP64 Bond Proceeds - Fire Station Complex - 1,125,000 - - - 6,688,145 6,688,145 7,813,145 Bond Proceeds - - - 2,600,000 - - 2,600,000 2,600,000 Bond Proceeds - - - - - - - 2,095,000 TOTAL REVENUES AND OTHER SOURCES 23,900$ 2,602,400$ 604,000$ 3,243,500$ -$ 6,708,145$ 10,555,645$ 26,362,597$ CAPITAL PROJECTS Transfer out to WA Exp 200,000 - - - - - - 200,000 CP20 FM 1938 Streetscape/Wayfinding 1,687,600 1,000,000 - - - - - 3,747,955 CP30 SH 114/Hwy 170 Enhancements 7,500 - - 840,467 - - 840,467 1,079,900 CP31 Stagecoach Hills Street Recon & Drainage 9,020 - - - - - - 498,900 CP34 S. Roanoke Road Recon & Drainage - 453,000 - - - - - 455,900 CP40 Sam School Road Recon & Drainage - 266,000 - - - - - 266,000 CP41 E. Dove Road Recon & Drainage (Vaq - TB)- 100,000 414,945 - - - 414,945 514,945 CP50 Glenwyck Farms Park Improvemen - 195,000 - - - - - 195,000 CP52 Trail - Westlake Academy to Cemetery - - - - 276,100 - 276,100 276,100 CP53 Trail - Dove/Pearson/Aspen - - - 273,600 - - 273,600 273,600 CP55 Outdoor Warning System - 99,000 - - - - - 99,000 CP57 Ottinger Road Bridge Creek Crossing - - - - 330,000 - 330,000 330,000 CP58 Ottinger Road Recon/Drainage - - - - 572,710 - 572,710 572,710 CP60 Pearson Lane Recon/Drainage - - - 381,250 - - 381,250 381,250 CP62 Water Line & Well Improvements - 63,000 - - - - - 63,000 CP64 Fire Station Complex - 1,125,000 - - - 6,688,145 6,688,145 7,813,145 CP65 Maintenance & Storage Facility - - - - - 20,000 20,000 20,000 TOTAL CAPITAL PROJECT EXPENSE 1,904,120$ 3,301,000$ 414,945$ 1,495,317$ 1,178,810$ 6,708,145$ 9,797,217$ 25,604,153$ NET (1,880,220)$ (698,600)$ 189,055$ 1,748,183$ (1,178,810)$ (20,000)$ 738,428$ 738,444$ Fund Balance Beginning 2,638,835 758,616 60,015 249,070 1,997,253 818,443 Fund Balance Ending 758,616 60,016 249,070 1,997,253 818,443 798,443 5 Year Projection Capital Projects Fund Projection 86 Westlake Academy Expansion Fund Program Summary Fiscal Year 2014/2015 Adopted Estimated Proposed Proposed FY 14/15 Actual Budget Budget Budget FY 12/13 FY 13/14 FY 13/14 FY 14/15 Estimated FY 13/14 1 REVENUES & OTHER SOURCES 1 2 General Sales Tax - - - - 0%- 2 3 Property Tax - - - - 0%- 3 4 Hotel Tax - - - - 0%- 4 5 Charges for Services - - - - 0%- 5 6 Beverage Tax - - - - 0%- 6 7 Franchise Fees - - - - 0%- 7 8 Permits & Fees - - - - 0%- 8 9 Fines & Forfeitures - - - - 0%- 9 10 Investment Earnings 5,647 5,000 5,000 - -100%(5,000) 10 11 Contributions 1,000,000 - 66,000 - -100%(66,000) 11 11 Misc Income - - 8,500 - -100%(8,500) 11 12 Total Revenues 1,005,647 5,000 79,500 - -100%(79,500) 12 13 Transfers In - 500,000 830,000 440,000 100%(390,000) 13 14 Other Sources Bond Proceeds 8,579,237 - 466,775 - 100%(466,775) 14 15 Total Other Sources 8,579,237 500,000 1,296,775 440,000 -66%(856,775) 15 16 TOTAL REVENUES & OTHER SOURCES 9,584,885 505,000 1,376,275 440,000 -68%(936,275) 16 17 EXPENDITURES & OTHER USES 17 18 Payroll Salaries - - - - 0%- 18 19 Payroll Insurance - - - - 0%- 19 20 Payroll Taxes - - - - 0%- 20 21 Payroll Retirement - - - - 0%- 21 22 Payroll Transfers - - - - 0%- 22 23 Total Payroll and Related - - - - 0%- 23 24 Supplies - - - - 0%- 24 25 Services 123,316 - - - 0%- 25 26 Insurance - - - - 0%- 26 27 Repair & Maintenance - - - - 0%- 27 28 Rent & Utilities - - - - 0%- 28 29 Interfund Advances - - - - 0%- 29 30 Debt - - - - 0%- 30 31 Total Expenditures 123,316 - - - 0%- 31 32 Capital Outlay - - - - 0%- 32 33 Capital Projects 1,706,690 7,795,950 8,191,950 902,805 -89%(7,289,145) 33 34 Total Capital 1,706,690 7,795,950 8,191,950 902,805 -89%(7,289,145) 34 35 TOTAL EXPENDITURES AND CAPITAL 1,830,006 7,795,950 8,191,950 902,805 -89%(7,289,145) 35 35 Transfer Out 36,398 - - - 0%- 35 36 Total Other Uses 36,398 - - - 0%- 36 37 TOTAL EXPENDITURES & OTHER USES 1,866,405 7,795,950 8,191,950 902,805 -89%(7,289,145) 37 38 EXCESS REVENUES OVER(UNDER) EXPENDITURES 7,718,480 (7,290,950) (6,815,675) (462,805) -93%6,352,870 38 39 FUND BALANCE, BEGINNING - 7,718,480 7,718,480 902,805 100%(6,815,675) 39 40 FUND BALANCE, ENDING 7,718,480 427,530 902,805 440,000 -51%(462,805) 40 41 Restricted/Assigned/Committed Funds 7,718,480 427,530 902,805 440,000 -51%(462,805) 41 42 UNASSIGNED FUND BALANCE, ENDING - - - - 0%- 42 43 43 44 Restricted/Assigned/Committed Funds 44 45 C Cash/CD's 410 10110 00 000 7,718,480 427,530 902,805 440,000 -51%(462,805) 45 46 0%- 46 47 0%- 47 48 0%- 48 49 0%- 49 50 TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS 7,718,480 427,530 902,805 440,000 -51%(462,805) 50 vs 87 FUND OVERVIEW WESTLAKE ACADEMY EXPANSION FUND Bond Proceeds of $8.5M were received in FY12/13. These proceeds were used to fund construction of three new buildings at Westlake Academy with the final expenditures continuing into FY 13/14; • Cafetorium – includes stage, dressing area, storage and catering kitchen for dining and general purposes; approximately 9,600 sf. • Three story Secondary School - includes 15 classrooms, flex and office space; will be designed to allow for future addition if needed; approximately18,900 sf. • Field-house - will be used to house locker rooms that are used for both athletics and PE; a visiting team locker room; storage for equipment; offices and space to be used for the PE program; approximately 9,600 sf. An Economic Development Agreement was executed between the Town and Maguire Partners-Solana Land, L.P. on February 26, 2013, stating the following: “In exchange for the Town’s consideration of offering Program Resources, the Partnership agrees to pay to the Town the sum of $10,000 for each residential lot depicted on the approved Concept Plan for Granada which shall be used for the benefit of the Westlake Academy.” The Town is anticipating approximately 44 lots to be final platted during FY 13/14; therefore, $440,000 will be transferred into this fund for future use. Revenues and Transfers In • FY14/15 adopted revenues are $440,000 o Transfers in from Economic Development Fund $440,000 Expenditures • FY 14/15 adopted expenditures are $902,805 o Completion of the 3 building expansion Fund Balance • FY 14/15 ending fund balance is projected to be $440,000 o Future Westlake Academy expansion use 88 Actuals Estimated PROPOSED Description 2003 - 2013 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 FY 19-20 TOTALS TOTALS Revenues and Other Sources Contributions 1,000,000 66,000 - - - - - - - 1,066,000 Interest Earned 3,519 - - - - - - - - 3,519 Interest Earned Bonds 2,129 5,000 - - - - - - - 7,129 Misc Revenue - 8,500 - - - - - - - 8,500 Transfer in from GF100 36,398 630,000 - - - - - - - 666,398 Transfer in from CP410 - 200,000 - - - - - - - 200,000 Transfer in from ED210 - - 440,000 400,000 - - - - 400,000 840,000 Other Sources - 466,775 - - - - - - - 466,775 Bond Proceeds - 2013 CO 8,294,800 - - - - - - - - 8,294,800 Bond Premiums - 2013 CO 284,437 - - - - - - - - 284,437 TOTAL REVENUES AND OTHER SOURCES 9,621,283$ 1,376,275$ 440,000$ 400,000$ -$ -$ -$ -$ 400,000$ 11,837,558$ Capital Project Detail Engineering 38,338 45,060 - - - - - - - 83,398 Design Fees 483,982 198,600 - - - - - - - 682,582 Misc. Legal 4,788 - - - - - - - - 4,788 Irrigation R&M 4,766 - - - - - - - - 4,766 Landscape - A&S Center 20,324 - - - - - - - - 20,324 Contingency - 115,200 - - - - - - - 115,200 Utility Relocations (W/S/E)49,344 - - - - - - - - 49,344 Advertising 520 - - - - - - - - 520 Audio Visual 3,740 - - - - - - - - 3,740 Courier Service 422 - - - - - - - - 422 Misc. Expense 3,243 - - - - - - - - 3,243 Construction Expense 780,517 7,162,881 902,805 - - - - - - 8,846,203 Water Service 197 - - - - - - - - 197 Furniture & Fixtures 6,268 670,209 - - - - - - - 676,477 Bond Issuance Costs - 2013 CO 123,316 - - - - - - - - 123,316 Transfer Out to GF 36,398 - - - - - - - - 36,398 Portable Buildings 346,639 - - - - - - - - 346,639 TOTAL PROJECT EXPENSE 1,902,803$ 8,191,950$ 902,805$ -$ -$ -$ -$ -$ -$ 10,997,558$ NET 7,718,480$ (6,815,675)$ (462,805)$ -$ -$ -$ -$ -$ -$ 440,000$ Fund Balance Beginning - 7,718,480 902,805 440,000 440,000 440,000 440,000 440,000 Fund Balance Ending 7,718,480 902,805 440,000 440,000 440,000 440,000 440,000 440,000 Projection PHASE 2 and PHASE 3 PHASE 1 Westlake Academy Expansion Fund 5 Year Projection 89 90 CAPITAL IMPROVEMENT PLAN Introduction This document provides a comprehensive plan of capital improvements that are to be undertaken by the Town over the next five (5) years. Cost estimates and financing methods for the improvements are included and are referenced by individual project. The development of the Town’s Capital Improvement Plan is one of the more complex and multi-faceted processes of the Town. Striking a balance between the needs and interests of the residents and the financial capacity of the Town is a challenging proposition. For this community vision to have meaning, it must be accompanied by deliberate planning that leads the organization and community to its desired future. This requires clearly defined goals, proactive strategies, committed leadership, effective management and above all, the resources to carry out these plans and objectives. What is a CIP? First, what it is not; a CIP (Capital Improvement Plan) is not a wish list, rather it is a realistic plan designed to fulfill the strategic goals and objectives necessary to achieve the mission and vision of the community. A CIP is a multi-year document that summarizes the capital needs of a community over a specific time period. It outlines the individual capital projects, their strategic value and relationship to the community’s long-term goals and objectives as well as the fiscal impact that they pose to the community. Why have a CIP? • Informs the employees, departments, elected officials and the public of an entity’s intent to invest in its infrastructure and community • Represents a long-term financial plan and identifies resources or financing strategies that an entity plans to use to fund the plan • Establishes priorities and serves as a planning document or blueprint for an organization’s investment in capital infrastructure both short-term and long-term • Provides a breakdown of major project costs and phasing as necessary • DOES NOT appropriate money CIP Prioritization Strategy – Preserve * Protect * Plan • Preserve the past by investing in the continued upgrade of town assets and infrastructure • Protect the present with improvements and/or additions to facilities, roads, and capital investments • Plan for the future of the organization 91 Land, $11,896,663 29% Capital Improvements, 20% Machinery & Equipment, $594,715 1% Buildings & Improvements, $17,611,891 43% Construction in Progress, $2,834,092 7% Capital Assets By Major Category $41,121,883 (per the FY2013 Comprehensive Annual Financial Report) Buildings, $17,611,889 47% Road Improvements, $7,563,485 20% Improvements Other Than Buildings, $621,038 2% Vehicles, $478,201 1% Utility Machinery & Equipment, $1,948,388 5% Utility Improvements, $9,614,902 25% Capital Assets By Type $37,837,904 (per the FY2013 Fixed Asset Depreciation Schedule) What is a Capital Project? Capital includes all long-lived infrastructures such as water facilities, sewers, streets, parks and buildings along with major equipment like fire trucks, radio systems, vehicles, computers and fixtures. Capital projects are the individual action plans that make up a Capital Improvement Plan. The capital projects in this CIP have been categorized into the following groups: Parks & Recreation, Facilities, Transportation, Vehicles and Utilities. Capital Assets by Category and Type When most people think of the Town’s capital assets, they automatically think of the Westlake Academy campus. While the campus is certainly a very important and visible asset owned by the Town, it is but one of many. Included in the assets of the Town are all of the Town’s infrastructure such as its streets, water and sewer mains, vehicles and other equipment. In preparing this year’s CIP, the staff utilized our annual audit to determine value of the Town’s assets. The chart to the right depicts the Town’s capital assets from the Comprehensive Annual Financial Report (page 12) as of Fiscal Year Ended September 30, 2013. Funding Considerations In all communities the cost associated with capital projects far outweighs the available resources necessary to pay for them; in short there is not enough money. This requires prioritization of the projects based upon their perceived impact on the community. Due to the vast number of individual desires it is near impossible to satisfy everyone and requires a collaborative effort to create situations where the benefits are shared equitably with community stakeholders. In addition, dedicated revenues will, in most cases, determine which projects get funded. For example, the Utility Fund may only contribute towards capital projects that improve water and wastewater projects. 92 Parks, Trails & Cemetery, $258,000 Municipal Facilities, $1,224,000 Academy Facilities, $902,806 Transporation Improvements, $1,819,000 Utility Improvements, $288,500 FY 2014-2015 Funded Projects by Major Category $4,492,306 Sources of Funding There are four primary funding sources for capital improvements: 1. Cash Funding (revenue sources such as sales, hotel/motel and property taxes) 2. State/Federal funding (public grants) 3. Private Funding (developmental impact fees or charitable donations) 4. Bond Issuance The proposed projects in this CIP rely on bond proceeds and other revenues in the Governmental and Enterprise Funds as well as contributions from corporate partners for funding. There are two types of bonds: General Obligation (GO) bonds which require voter approval and Certificates of Obligation (CO) bonds which do not require voter approval. The current CIP is funded primarily from four sources: Capital Projects & Utility funds (cash on hand), Contributions and CO bonds. How Inflation Impacts the CIP Inflation is defined as a rise in the price of all goods and services over time. This implies that the purchasing power, or value, of currency will decline in the future relative to costs. Therefore, more money will be required to fund CIP related expenditures and must be accounted for. This data is important in calculating the Town’s future liability; by utilizing inflation trends to calculate future capital replacement costs, we can determine how ‘waiting’ a year or more impacts the total project cost. Most are aware of the benefits of compounding when it comes to investing. Unfortunately, this same principle works in reverse as inflation causes costs to compound higher over time. Overview On September 16, 2013, the Town Council adopted the third annual plan (FY13/14 – FY17/18). These original projects as well as additional staff recommended projects are included in this plan. The Capital Improvement Plan for FY14/15 through FY18/19 presents the Town’s plan for infrastructure development and improvements. The Capital Improvement Plan is evaluated annually by the Town leadership to determine the financial availability of resources for design, construction, operations, and maintenance. The following chart provides a graphical comparison of the previous capital improvement plans. In prior years, the majority of capital improvements in Westlake have been unfunded. These projects represent capital needs that are subject to more discussion and are included to convey to the Town leaders and other interested parties the general 93 $0 $5 $10 $15 $20 $25 $30 $35 FY 14/15FY 15/16FY 16/17FY 17/18FY 18/19 $4.492 $1.495 $1.179 $6.708 $4.206 $2.935 $1.462 $27.602 Funded vs Unfunded CIP Funded Unfunded parameters and breadth of those capital needs. These projects may be moved to the “Funded” section of this CIP in future years, depending on priorities, funding availability, and other considerations. Several of these projects such as the permanent fire station and municipal complex are multi-million dollar projects that have been carried forward since the Academy Complex was established. Balancing these priorities, while at the same time being cognizant of the fiscal challenges of our Town, has become a difficult task. Funded vs Unfunded (Under Discussion) Capital Improvements The chart to the right depicts the current adopted Capital Improvement Plan funded vs unfunded CIP. This multi-year capital plan will provide Council with a guide that communicates the program need or deficiency, as well as the funding requirements. It is important to note that projects which do not receive funding in a given year are moved out to the future years in order to communicate to those with decision making responsibility the need to provide necessary funding, or through evaluation, eliminate the project entirely. Funding of Previously Adopted and Current Proposed Projects This proposed Capital Improvement Plan anticipates additional revenues related to permits and fees and the use of two bond issuances to complete Phase II of Westlake Academy, the Fire Station Complex and the Municipal Building. The majority of the streets/trails projects will be funded with cash from the one-time revenues related to permits and fees as well as previously adopted transfers and contributions. Conclusions Capital Improvement Plans play an integral role in helping a municipality reach its stated strategic objectives. Equally important to the capital project development process are funding and economic considerations. Prudent financial stewardship should be based on cost minimization and long-range strategic capital preservation. While there are many methods for funding capital projects, consideration to who benefits from the project, the life of the capital asset and the affordability of the funding method are all important factors to consider. 94 TOTAL Proj Totals Thru FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 FIVE YEAR PROJECTS No.Project Description FY 12/13 Estimated TOTAL COST CP50 Trail and Park Improvements - - 195,000 - - - - 195,000 195,000 CP62 Water line and Well improvements - - 63,000 - - - - 63,000 63,000 0 0 258,000 0 0 0 0 258,000 258,000 CP55 Outdoor Warning System - - 99,000 - - - - 99,000 99,000 CP64 Fire Station Complex - - 1,125,000 - - - 6,688,145 7,813,145 7,813,145 CP65 Maintenance & Storage Facility - - - - - - 20,000 20,000 20,000 - - 1,224,000 - - - 6,708,145 7,932,145 7,932,145 WA WA Expansion 902,803 7,712,832 - - - - - - 8,615,635 WA WA Expansion (Contribution) 1,000,000 66,000 - - - - - - 1,066,000 WA WA Expansion (Cash)- 413,118 902,806 - - - - 902,806 1,315,924 1,902,803 8,191,950 902,806 - - - - 902,806 10,997,559 1,902,803 8,191,950 2,126,806 0 0 0 6,708,145 8,834,951 18,929,704 CP20 FM1938 Streetscape Improvements 1,060,355 1,687,600 637,267 - - - - 637,267 3,385,222 CP20 FM1938 Streetscape Improvements (Bonds)- - 42,733 - - - - 42,733 42,733 CP20 FM1938 Streetscape Improvements (Contribution)- - 320,000 - - - - 320,000 320,000 CP30 SH114/170 Enhancements 231,933 7,500 - - - - - - 239,433 CP30 SH114/170 Enhancements (Bonds)- - - 680,467 - - 680,467 680,467 CP30 SH114/170 Enhancements (Contribution)- - - 160,000 - - 160,000 160,000 CP31 Stagecoach Hills Recon/Drain 489,880 9,020 - - - - - - 498,900 CP34 Roanoke Road Recon/Drain South 2,900 - 453,000 - - - - 453,000 455,900 CP40 Sam School Rd Recon/Drainage - - 266,000 - - - - 266,000 266,000 CP41 Dove Rd Recon/Drain (Vaq/TB) - - 100,000 414,945 - - - 514,945 514,945 CP60 Pearson Lane Recon/Drainage - - - - 381,250 - - 381,250 381,250 CP53 Trail - Dove/Pearson/Aspen - - - - 273,600 - - 273,600 273,600 CP57 Ottinger Road Bridge Creek Crossing - - - - 330,000 - 330,000 330,000 CP58 Ottinger Road Recon/Drainage - - - - - 572,710 - 572,710 572,710 CP52 Trail - Westlake Academy to Cemetery - - - - - 276,100 - 276,100 276,100 1,785,068 1,704,120 1,819,000 414,945 1,495,317 1,178,810 0 4,908,072 8,397,260 3,687,871 9,896,070 4,203,806 414,945 1,495,317 1,178,810 6,708,145 14,001,023 27,584,964 UF30 TRA Assumption of N-1 Sewer Line - 82,967 250,000 - - - - 250,000 332,967 UF36 Ground Storage Tank (Bonds)96,803 903,197 - - - - - - 1,000,001 UF36 Ground Storage Tank (Cash)- 500,000 - - - - - - 500,000 UF38 Meter Reading & Equipment - - 38,500 38,500 - - - 77,000 77,000 96,803 1,486,164 288,500 38,500 0 0 0 327,000 1,909,967 $ 3,784,675 $ 11,382,234 $ 4,492,306 $ 453,445 $ 1,495,317 $ 1,178,810 $ 6,708,145 $ 14,328,023 $ 29,494,931 Totals Thru FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 FIVE YEAR PROJECTS Funding Description FY 12/13 Estimated TOTAL COST Previously Adopted Projects - Cash 1,060,355$ 2,683,685$ 2,287,073$ 414,945$ -$ -$ -$ 2,702,018$ 6,446,058$ New Projects - Cash 351,500 38,500 390,000 390,000 Contributions - FM1938 - - 320,000 - - - - 320,000 320,000 Contributions - WA Expansion 1,000,000 66,000 - - - - - 1,066,000 Contributions - SH 114/370 Enhacement - 160,000 160,000 160,000 FY 10/11 - $2.09M Bonds ($932,819 on prev. projects)724,713 16,520 408,733 - - - - 408,733 1,149,966 FY 12/13 - $9.500M Bonds previously issued 999,606 8,616,029 - - - - - - 9,615,636 FY 14/15 Fire Station Land -30 yr Bonds - - 1,125,000 - - - - 1,125,000 1,125,000 FY 16/17 Street/Trail - 20 yr Bonds - - 1,335,317 1,178,810 - 2,514,127 2,514,127 FY 18/19 Fire Station - 30 yr Bonds - - 6,708,145 6,708,145 6,708,145 TOTAL 3,784,675$ 11,382,234$ 4,492,306$ 453,445$ 1,495,317$ 1,178,810$ 6,708,145$ 14,328,023$ 29,494,931$ Cash % 28%28%59%100%0%0%0%22%23% Contributions %26%26%7%0%11%0%0%3%5% Bonds %46%46%34%0%89%100%100%75%72% Sub-Total - Park/Cemetery Sub-Total - Road/Street/Trail Improvements Sub-Total - Facilities Improvements TOTAL UTILITY FUND TOTAL FUNDED CAPITAL PROJECTS - - - - - - - - - - - - Five Year Projection - - - - - - - - - - - CAPITAL PROJECT FUNDS new project added or moved from unfunded (under consideration) this year FIVE YEAR PROJECTION ALL FUNDED AND PROPOSED CAPITAL PROJECTS UTILITY FUND 500 TOTAL CAPITAL PROJECTS FUNDS Sub-Total - Municipal Sub-Total - Academy - - - - - - - - - - - - Five Year Projection - - - - - - - - - - - 95 ALL UNFUNDED (UNDER DISCUSSION) CAPITAL PROJECTS FIVE YEAR PROJECTION Totals Thru FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 GRAND Project Description FY 12/13 Estimated TOTAL Cemetery Improvements - - - 75,750 61,800 63,654 65,564 266,768 15-30 Acre Community Park - - - 4,129,999 2,623,600 - - 6,753,599 Roanoke Road Open Space - - - - - 43,600 84,000 127,600 Total Parks/Cemetery - - - 4,205,749 2,685,400 107,254 149,564 7,147,967 Municipal Building - - - - - - 12,314,504 12,314,504 WA Phase II - 15 Classroom Secondary Addition - - - - - - 4,550,620 4,550,620 WA Phase II - 4 Classroom Kindergarten Addition - - - - - - 2,442,500 2,442,500 WA Phase III - Art & Science Classrooms - - - - - - 1,878,080 1,878,080 WA Phase III - Performing Arts Center - - - - - - 5,234,600 5,234,600 Total Facilities Improvements - - - - - - 26,420,304 26,420,304 Hwy 377 Landscape Improvements - - - - - 700,000 - 700,000 Dove & Randol Mill Traffic Circle - - - - - 654,600 721,000 1,375,600 Trail - Fidelity Campus to Westlake Parkway on 114 - - - - - - 294,000 294,000 Trail Connection at 114/Solana - - - - - - 16,840 16,840 Signalization - - - - 250,000 - - 250,000 Total Road/Street Improvements/Trails - - - - 250,000 1,354,600 1,031,840 2,636,440 TOTAL UNFUNDED (UNDER DISCUSSION) CAPITAL PROJECTS -$ -$ -$ 4,205,749$ 2,935,400$ 1,461,854$ 27,601,708$ 36,204,711$ new project added this year - - - - - - - - - - - - Five Year Projection - - - - - - - - - - - 96 PARKS/CEMETERY OVERVIEW The Parks & Recreation Department is responsible for maintaining the Town’s parks and trails. The Town of Westlake provides residents with one Town Park which is located near the Glenwyck subdivision. The trees along roadways and the cemetery are maintained to ensure the safety of drivers and pedestrians. The Town also maintains several trails located near the Glenwyck and Vaquero subdivisions. While additional trails have been discussed, no funding has been provided in recent years. In resident surveys, parks and trails have consistently rated as high priority/low satisfaction items suggesting a need for improvement. One of the goals of the current CIP is to begin creating the trails that will provide connectivity from the Town’s West side to its Eastern limits as well as interconnectivity with neighboring jurisdiction’s trail systems. Trails have been moved to the Streets/Road Improvements/Trails section of this CIP. ADOPTED PROJECTS – CIP FY 2014-2018 PROJECTS TO BE COMPLETED IN FY 13/14 o No Projects PROPOSED PROJECTS - FY14/15 THRU FY18/19 o Trail and Park Improvements  Water Line and Well Improvements UNFUNDED/UNDER DISCUSSION PROJECTS - FY14/15 THRU FY18/19 o Cemetery Improvements o 15-30 Acre Community Park  Roanoke Road Open Space 97 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - 10,000 - - - - 10,000 Construction - - 175,000 - - - - 175,000 Design - - - - - - - - Contingency - - - - - - - - Consultant - - 10,000 - - - - 10,000 EXPENDITURES TOTAL - - 195,000 - - - - 195,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - 195,000 - - - - 195,000 Contributions/Grants - - - - - - - - Bonds 2014/15 CO $4.1M - - - - - - - - Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 195,000 - - - - 195,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - 1,030 1,061 1,093 1,126 1,159 5,468 Services - - 1,030 1,061 1,093 1,126 1,159 5,468 Insurance - - 258 266 274 282 290 1,370 Repair & Maintenance - - 1,030 1,061 1,093 1,126 1,159 5,468 Rent & Utilities - - 2,060 2,122 2,185 2,251 2,319 10,937 Debt Service - - - - - - - - OPERATING IMPACT - - 5,408 5,570 5,737 5,909 6,087 28,712 FUNDED CAPITAL IMPROVEMENT Trail and Park Improvements 5 Year Projection 5 Year Projection 5 Year Projection PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET Purchase of playground equipment, benches and ammmenities to be located along the current Glenwyck Farms and Terra Bella trail systems. This project would include mile markers, lighting and way finding signs etc. 98 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - 5,000 - - - - 5,000 Construction - - 45,000 - - - - 45,000 Design - - 5,000 - - - - 5,000 Contingency (trees) - - 3,000 - - - - 3,000 Other (ground scan) - - 5,000 - - - - 5,000 EXPENDITURES TOTAL - - 63,000 - - - - 63,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - 63,000 - - - - 63,000 Contributions/Grants - - - - - - - - Bonds 2017/18 CO $2.58M - - - - - - - - Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 63,000 - - - - 63,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - 1,000 2,000 2,060 2,122 7,182 Insurance - - - - - - - - Repair & Maintenance - - - 1,000 2,000 2,060 2,122 7,182 Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - 2,000 4,000 4,120 4,244 14,364 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection NEW CAPITAL IMPROVEMENT REQUEST Water Line and Well Improvements This project includes a 2" irrigation line and the update of the water well by adding a 2,500 gallon water tank and upgrade to the current well pump at the white house across from the Cemetery and the 5 acre tract to water trees and landscaping. The project would also include surveying and scanning two sections. PROJECT EXPENSE 5 Year Projection 99 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - - - Construction - - - 60,000 61,800 63,654 65,564 251,018 Design - - - 15,750 - - - 15,750 Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - 75,750 61,800 63,654 65,564 266,768 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - 75,750 61,800 63,654 65,564 266,768 Other - - - - - - - - FUNDING TOTAL - - - 75,750 61,800 63,654 65,564 266,768 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - 5,450 5,614 5,782 16,845 Insurance - - - - - - - - Repair & Maintenance - - - - 16,350 16,841 17,346 50,536 Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - - 21,800 22,454 23,128 67,382 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Cemetery Improvements PROJECT EXPENSE 5 Year Projection PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET These improvements will consist of section markers, roadways and landscaping. The project also anticipates a future trail head with rest facilities that will accomodate the future cemetery/academy trail. Based on current funding sources, this project will be dependent upon the future sale of plots. The project would be completed in four phases. Phase I & II road improvemants, Phase III & IV landscape and trailer improvements. 100 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - 60,000 61,800 - - 121,800 Construction - - - - 2,500,000 - - 2,500,000 Design - - - 60,000 61,800 - - 121,800 Contingency - - - 9,999 - - - 9,999 Other - land purchase - - - 4,000,000 - - - 4,000,000 EXPENDITURES TOTAL - - - 4,129,999 2,623,600 - - 6,753,599 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - 4,129,999 2,623,600 - - 6,753,599 Other - - - - - - - - FUNDING TOTAL - - - 4,129,999 2,623,600 - - 6,753,599 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - 2,725 2,807 2,891 8,423 Services - - - - 16,350 16,841 17,346 50,536 Insurance - - - - - - - - Repair & Maintenance - - - - 2,725 2,807 2,891 8,423 Rent & Utilities - - - - 8,720 8,982 9,251 26,953 Debt Service - - - - - - - - OPERATING IMPACT - - - - 30,520 31,436 32,379 94,334 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 15-30 Acre Community Park This project would include the purchase of 15 to 30 acres of open space with the ability to add amenities such as small covered pavilions, trail head, playground stations, sports fields, general use open spaces, dog park, restroom, football field, running track, cross country trail, outdoor tennis and basketball courts, baseball and softball fields. The project would include restrooms, concession area with outdoor eating area and parking. This facility would provide programs and activities to the Westlake Community and Westlake Academy. PROJECT EXPENSE 5 Year Projection 101 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - - - Construction - - - - - 32,700 84,000 116,700 Design - - - - - 10,900 - 10,900 Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - 43,600 84,000 127,600 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2017/18 CO $2.6M - - - - - - - - Unfunded - - - - - 43,600 84,000 127,600 Other - - - - - - - - FUNDING TOTAL - - - - - 43,600 84,000 127,600 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - - - - - - PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Roanoke Road Open Space The town owns two acres of undeveloped open space located south of HWY 170. This project would be completed in two phase, Phase I includes adding an irrigation system, removal of all the brush and mesquite trees, park benches and planting trees. Phase II would include adding a trail head with a five to six space parking area. PROJECT EXPENSE 102 FACILITIES OVERVIEW Currently, The Town of Westlake owns and operates three facilities: the Westlake Academy, the temporary buildings that house our emergency services personnel and equipment, and the Parchman house which is currently being utilized for storage. The Town also leases approximately 12,000 square feet of office space. This Capital Improvement Plan proposes increasing the number of buildings on the Westlake Academy campus as well as providing new municipal buildings for staff and community events. ADOPTED PROJECTS – CIP FY 2014-2018 PROJECTS TO BE COMPLETED IN FY 14/15 o Westlake Academy Phase I Expansion including West Parking Improvements PROPOSED PROJECTS - FY14/15 THRU FY18/19  Fire Station Complex  Outdoor Warning System  Maintenance and Storage Facility UNFUNDED/UNDER DISCUSSION PROJECTS – FY 14/15 THRU FY 18/19 o Municipal Building o WA Phase II – 15 Classroom Secondary Addition o WA Phase II – 4 classroom Kindergarten Addition o WA Phase III – Arts & Science Classroom Addition o WA Phase III – Performing Arts Center 103 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - - - Construction - - - - - - - - Design - - - - - - - - Contingency - - - - - - - - Other (Equipment) - - 99,000 - - - - 99,000 EXPENDITURES TOTAL - - 99,000 - - - - 99,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - 99,000 - - - - 99,000 Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 99,000 - - - - 99,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - 1,000 1,030 1,061 1,093 1,126 5,309 Rent & Utilities - 300 600 900 927 955 983 4,665 Debt Service - - - - - - - - OPERATING IMPACT - 300 1,600 1,930 1,988 2,048 2,109 9,974 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection FUNDED CAPITAL IMPROVEMENT Outdoor Warning System Promote Community Health, Safety, and Welfare is a focus point in the Strategic Plan. Within that focus point is the Strategic Issue "Public Safety and Emergency Preparedness" The strategy is to provide a safe community for our residents and business partners. Building an effective Emergency Warning Notification System will enhance the Town's ability to ensure the safety of the community. An Outdoor Warning System will provide notification of approaching severe storms to the active outdoor population such as school children, joggers, golfers, workers, citizens engaged in outdoor activities around their homes, etc. PROJECT EXPENSE 5 Year Projection 104 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering 43215 54,940 45,060 - - - - - 100,000 Construction 46195 974,576 6,962,881 845,660 - - - - 8,783,117 FF&E 47415 6,268 670,209 - - - - - 676,477 Design 43248 483,982 198,600 19,942 - - - - 702,524 Contingency 43520 - 115,200 37,204 - - - - 152,404 West Parking Improvements 200,000 200,000 Portables 73000 346,639 - - - - - - 346,639 Transfers Out 36,398 - - - - - - 36,398 EXPENDITURES TOTAL 1,902,803 8,191,950 902,806 - - - - 10,997,559 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers 37,204 830,000 - - - - - 867,204 Contributions/Grants 1,000,000 66,000 - - - - - 1,066,000 BB&P Master Plan Correction - 100,000 - - - - - 100,000 BB&P Note Payable - 366,774 - - - - - 366,774 Bond Issuance Costs - 8,500 - - - - - 8,500 Bond Proceeds $8.5M 8,579,237 - - - - - - 8,579,237 Interest Earned 5,647 4,197 - - - - - 9,844 FUNDING TOTAL 9,622,088 1,375,471 - - - - - 10,997,559 - Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - 10,000 10,300 10,609 10,927 11,255 11,593 64,684 Services - 5,000 5,150 5,305 5,464 5,628 5,796 32,342 Insurance - - 1,000 1,030 1,061 1,093 1,126 5,309 Repair & Maintenance - 8,000 8,240 8,487 8,742 9,004 9,274 51,747 Rent & Utilities - - 20,000 20,600 21,218 21,855 22,510 106,183 Misc - 10,000 10,300 10,609 10,927 11,255 11,593 64,684 OPERATING IMPACT - 33,000 54,990 56,640 58,339 60,089 61,892 324,949 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection FUNDED CAPITAL IMPROVEMENT Westlake Academy - Phase I Expansion PROJECT EXPENSE 5 Year Projection This project consists of the construction of three buildings: 1) Multi-purpose hall, portable stage, storage and catering kitchen for dining and general purposes at approx. 8,600 sf. 2) Three story Secondary School at apprx. 19,400 sf. Includes 12 classrooms, flex and office space. Designed to allow for future addition if needed. 3) Fieldhouse at approx. 8,600 sf. which will house locker rooms to be used for both athletics and PE, storage for equipment, offices, classrooms and space to be used for the PE program. Also, because the west parking area that was constructed in the summer of 2006 as a temporary asphalt parking lot for pick-up and drop-off of students does not meet the required Town development standards for new construction, the parking lot will be improved with curbs, lighting, landscaping, additional two inch of asphalt, striping and marking. 105 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - 73,600 73,600 Construction inc. inflation - - - - - - 5,317,545 5,317,545 Design - - - - - - 534,500 534,500 FF&E - - - - - - 200,000 200,000 IT/Security - - - - - - 212,500 212,500 Contingency - - - - - - 100,000 100,000 Other (Foundation) - - - - - - 250,000 250,000 Land Purchase (2.5 ac @ $450K) - - 1,125,000 - - 1,125,000 EXPENDITURES TOTAL - - 1,125,000 - - - 6,688,145 7,813,145 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO - - 1,125,000 - - - - 1,125,000 Bonds 2018/19 - 6,688,145 6,688,145 Unfunded - - - - - - - - FUNDING TOTAL - - 1,125,000 - - - 6,688,145 7,813,145 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - 4,000 4,120 4,244 4,371 16,735 Services - - - 6,000 6,180 6,365 6,556 25,102 Insurance - - - 1,000 1,030 1,061 1,093 4,184 Repair & Maintenance - - - 25,000 50,923 52,451 54,024 182,398 Rent & Utilities - - - 15,000 15,450 15,914 16,391 62,754 Debt Service - - - - - - - - OPERATING IMPACT - - - 51,000 77,703 80,034 82,435 291,172 5 Year Projection PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET NEW CAPITAL IMPROVEMENT REQUEST Fire Station Complex This project will provide a 14,000 square foot fire station including four bays, sleeping area, meeting room, kitchen, storage and two offices. ($300/sq ft) This project would also include the Town's EOC with back-up generator. The project includes the the acquisition of land and foundation upgrades. It does not include any costs for new vehicles or training facility. PROJECT EXPENSE 5 Year Projection 106 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - - - Construction - - - - - - 2,000 2,000 Design - - - - - - - - Contingency - - - - - - - - Building retrofit - - - - - 18,000 18,000 EXPENDITURES TOTAL - - - - - - 20,000 20,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2018/19 - - - - - - 20,000 20,000 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - - 20,000 20,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - 5,000 5,150 5,305 5,464 20,918 Services - - - 5,000 5,150 5,305 5,464 20,918 Insurance - - - 500 515 530 546 2,092 Repair & Maintenance - - - 2,000 2,060 2,122 2,185 8,367 Rent & Utilities - - - 5,000 5,150 5,305 5,464 20,918 Debt Service - - - - - - - - OPERATING IMPACT - - - 17,500 18,025 18,566 19,123 73,213 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection NEW CAPITAL IMPROVEMENT REQUEST Maintenance & Storage Facility The proposed Maintenance and Public Works facility would utilize the existing Fire Department engine bay once new permanent Fire Station has been constructed. The building would provide storage space for weather event supplies event supplies, small equipment, and pumps. It will also serve as a work area to make repairs on equipment, etc. PROJECT EXPENSE 5 Year Projection 107 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - 468,700 468,700 Construction ( 10% inflation) - - - - - - 7,376,804 7,376,804 Design - - - - - - 599,500 599,500 FF&E - - - - - - 436,000 436,000 IT/Security - - - - - - 272,500 272,500 Contingency - - - - - - 272,500 272,500 Other (Foundation) - - - - - - 327,000 327,000 Land (5 acres/$450K) - - - - - - 2,452,500 2,452,500 Other Admin cost - - - - - - 109,000 109,000 EXPENDITURES TOTAL - - - - - - 12,314,504 12,314,504 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO - - - - - - - - Bonds 2015/16 CO - - - - - - 12,314,504 12,314,504 Other - - - - - - - - FUNDING TOTAL - - - - - - 12,314,504 12,314,504 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - 2,750 2,750 Services - - - - - - - - Insurance - - - - - - 800 800 Repair & Maintenance - - - - - - 35,000 35,000 Rent & Utilities - - - - - - 30,000 30,000 Debt Service - - - - OPERATING IMPACT - - - - - - 68,550 68,550 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Municipal Building This project consists of the construction of a new Town Hall that will serve both current and future staffing and community needs. The Town Hall would also provide space for the court functions and staff for the Westlake Academy administration staff. The building will be 2 stories and approximately 20,000 square feet in size containing all municipal functions located on five acres of land. Land acquisition is included in this project. PROJECT EXPENSE 5 Year Projection 108 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - 334,145 334,145 Construction - - - - - - 3,341,475 3,341,475 Design - - - - - - 175,000 175,000 FF&E - - - - - - 250,000 250,000 IT/Security - - - - - - 150,000 150,000 Contingency - - - - - - 150,000 150,000 Other (Foundation) - - - - - - 100,000 100,000 Other Admin costs - - - - - - 50,000 50,000 EXPENDITURES TOTAL - - - - - - 4,550,620 4,550,620 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Granada Lots ($10K x 84) - - 440,000 400,000 - - - 840,000 Developer Contribution - - - - - - 3,710,620 3,710,620 Other - - - - - - - - FUNDING TOTAL - - 440,000 400,000 - - 3,710,620 4,550,620 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - 2,000 6,000 6,500 7,000 21,500 Services - - - 2,000 3,500 3,500 4,000 13,000 Insurance - - - 1,000 1,500 1,500 1,500 5,500 Repair & Maintenance - - - 2,000 6,000 8,000 8,000 24,000 Rent & Utilities - - - 5,000 10,300 10,500 10,500 36,300 OPERATING IMPACT - - - 12,000 27,300 30,000 31,000 100,300 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Westlake Academy - Phase II - 15 Classroom Secondary Addition As part of Phase II of the Westlake Academy Master Plan, this project includes a 15 classroom addition to the Secondary School. The building will total approximately 11,000 sq. feet and will be attached onto the north side of the existing building. The adopted Master Plan shows 12 classrooms for Phase II. The additional 3 classrooms are due to value engineering when Phase I was bid. Phase II will bring an additional 276 students to total 1,098. K-5 = 18 students and 6-12 = 24 students. PROJECT EXPENSE 5 Year Projection 109 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - 23,500 23,500 Construction - - - - - - 1,748,000 1,748,000 Design - - - - - - 11,000 11,000 FF&E - - - - - - 125,000 125,000 IT/Security - - - - - - 80,000 80,000 Contingency - - - - - - 100,000 100,000 Other (Foundation) - - - - - - 300,000 300,000 Other Admin costs - - - - - - 55,000 55,000 EXPENDITURES TOTAL - - - - - - 2,442,500 2,442,500 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014-15 CO - - - - - - - - Developer Contribution - - - - - - 2,442,500 2,442,500 Other - - - - - - - - FUNDING TOTAL - - - - - - 2,442,500 2,442,500 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - 1,000 2,000 2,500 2,500 8,000 Services - - - 1,000 1,800 1,800 2,000 6,600 Insurance - - - 1,000 1,000 1,000 1,000 4,000 Repair & Maintenance - - - 1,000 3,000 4,000 4,000 12,000 Rent & Utilities - - - 2,000 5,000 5,600 5,600 18,200 OPERATING IMPACT - - - 6,000 12,800 14,900 15,100 48,800 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Westlake Academy - Phase II - 4 Classroom Kindergarten Addition Per the Master Plan this project is part of Phase II. The Kindergarten addition would be located east of the original primary building. This would include: 4 classrooms with individual restrooms in each room for a total of 4,600 square feet that will match existing exterior building features. Phase II will bring an additional 276 students to total 1,098. K-5 grades = 18 students and 6-12 grades = 24 students. PROJECT EXPENSE 5 Year Projection 110 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - 16,800 16,800 Construction - - - - - - 1,555,680 1,555,680 Design - - - - - - 155,600 155,600 Contingency - - - - - - - - Other (FF&E) - - - - - - 150,000 150,000 EXPENDITURES TOTAL - - - - - - 1,878,080 1,878,080 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded/Developer Contribution? - - - - - - 1,878,080 1,878,080 Other - - - - - - - - FUNDING TOTAL - - - - - - 1,878,080 1,878,080 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - 4,614 4,614 Services - - - - - - 11,536 11,536 Insurance - - - - - - 1,154 1,154 Repair & Maintenance - - - - - - 2,307 2,307 Rent & Utilities - - - - - - 4,614 4,614 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 24,225 24,225 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Westlake Academy - Phase III - Arts & Science Classroom Addition PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection 5 Year Projection As part of Phase III of the WA Master Plan. This would be an additional 5,200 square foot single-story building attached to the existing Sam & Margret Lee Arts and Sciences Center. This addition would include 3 classrooms, labs and offices. 111 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - 28,000 28,000 Construction - - - - - - 4,256,000 4,256,000 Design - - - - - - 425,600 425,600 Contingency - - - - - - 100,000 100,000 Other - - - - - - 425,000 425,000 EXPENDITURES TOTAL - - - - - - 5,234,600 5,234,600 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - 1,120,000 1,120,000 Bond Issuance - - - - - - - - Unfunded - - - - - - 4,114,600 4,114,600 Other - - - - - - - - FUNDING TOTAL - - - - - - 5,234,600 5,234,600 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - 5,768 5,768 Insurance - - - - - - 1,154 1,154 Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - 4,614 4,614 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 11,536 11,536 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Westlake Academy - Phase III - Performing Arts Center PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection 5 Year Projection In the Phase III of the Westlake Academy Master Plan a new 16,000 square feet auditorium is constructed with raised stage, fixed seating, dressing rooms, lighting, restroom, offices, and lobby. This building would be located to the west of the Sam and Margaret Lee Art's & Sciences Building. We anticipate the cost of the interior ammenities to be provided through contributions/grants. 112 ROADS/STREET IMPROVEMENTS/TRAILS One of the major concerns for any municipality is its infrastructure of streets. With the approval of the previous year’s CIP and accompanying bond issuance, the Council recently addressed many of the most pressing street maintenance concerns in Westlake; this type of commitment is essential to maintain these valuable Town assets Trails are not being consolidated with this section. The Town maintains several trails located near the Glenwyck and Vaquero subdivisions. While additional trails have been discussed, no funding has been provided in recent years. In resident surveys, parks and trails have consistently rated as high priority/low satisfaction items suggesting a need for improvement. One of the goals of the current CIP is to begin creating the trails that will provide connectivity from the Town’s West side to its Eastern limits as well as interconnectivity with neighboring jurisdiction’s trail systems. ADOPTED PROJECTS – CIP FY 2014-2018 PROJECTS TO BE COMPLETED IN FUTURE YEARS o Roanoke Road Reconstruction & Drainage South o Sam School Road Reconstruction & Drainage o Dove Road Reconstruction & Drainage (Vaquero/Terra Bella) o SH 114/170 Enhancements o Pearson Lane Reconstruction & Drainage with Trail Improvements o Ottinger Road Bridge, Reconstruction & Drainage with Trail Improvements UNFUNDED/UNDER DISCUSSION PROJECTS - FY14/15 THRU FY18/19 o Hwy 377 Landscape Improvements (moved from Funded) o Dove & Randol Mill Traffic Circle o Trail Connection at 114/Solana (moved from Funded) o Trail – Fidelity Campus to Westlake Parkway on 114 (moved from Funded) o Signalization 113 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering 127,980 - - - - - - 127,980 Construction 932,375 1,688,000 - - - - - 2,620,375 Design - - - - - - - - Contingency - - - - - - - - Granada Development Agreement - - 1,000,000 - - - - 1,000,000 EXPENDITURES TOTAL 1,060,355 1,688,000 1,000,000 - - - - 3,748,355 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers 972,355 1,325,267 1,000,000 - - - - 3,297,622 Contributions (Fidelity) 88,000 - 320,000 - - - - 408,000 Bonds 2013/14 CO - - 42,733 - - - - 42,733 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL 1,060,355 1,325,267 1,362,733 - - - 3,748,355 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities (water only) - 5,000 5,150 5,305 5,464 5,628 5,796 32,342 Debt Service - - - - - - - OPERATING IMPACT - 5,000 5,150 5,305 5,464 5,628 5,796 32,342 5 Year Projection PROJECT FUNDING PROJECT EXPENSE IMPACT ON OPERATING BUDGET FUNDED CAPITAL IMPROVEMENT FM 1938 Streetscape/Wayfinding 5 Year Projection 5 Year Projection Project consist of the design and construction of landscape and hardscape improvements to the FM 1938 corridor from SH 114 south to Randol Mill Road, including sidewalks, trailheads, signage, rest areas, plantings, entry monuments. Per developer's agreements: Fidelity is to provide funding for landscape enhancements to the median and ROW (est. $322K). The Town is required to install sidewalk on the west side of FM 1938 from Dove to SH 114 per the Fidelity developer's agreement at our cost. Utility cost is for irrigation only. A reduction to the total project cost of $670,000 is due to a direct payment to the contractor from TxDot in the form of a grant. Project also includes the cost for streetscaping along FM 1938 between Dove and Solana at the Granada development 114 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering 231,933 200,000 - - - - - 431,933 Construction - 311,967 - - 840,467 - - 1,152,434 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL 231,933 511,967 - - 840,467 - - 1,584,367 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - 160,000 - - 160,000 - - 320,000 Bonds 2011 CO $2.095M 231,933 351,967 - - - - - 583,900 Bonds 2015/16 - - - - 680,467 - - 680,467 Other - - - - - - - - FUNDING TOTAL 231,933 511,967 - - 160,000 - - 1,584,367 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - 53,000 54,590 56,228 57,915 221,732 Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - 53,000 54,590 56,228 57,915 221,732 Debt Service - - - - - - - OPERATING IMPACT - - - 106,000 109,180 112,455 115,829 443,464 FUNDED CAPITAL IMPROVEMENT SH114/170 Enhancements 5 Year Projection 5 Year Projection PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET This project would be a cooperative effort between Westlake, Trophy Club, and Roanoke consisting of the design and construction of landscape and hardscape improvements to the SH 170 & Hwy 114 interchange to include plantings, painting, and entry monuments. Maintenance is for irrigation only. Project costs are estimated to be $3,000,000 for construction and $200,000 for engineering design. Funding participation is anticipated to be 1/3 from each party. This project will be submitted for a TxDot grant (Green Ribbon). PROJECT EXPENSE 115 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering 2,900 - 50,000 - - - - 52,900 Construction - - 403,000 - - - - 403,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL 2,900 - 453,000 - - - - 455,900 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - 453,000 - - - - 453,000 Contributions/Grants - - - - - - - - Bonds 2011 CO $2.095M 2,900 - - - - - - 2,900 Bonds 2014/15 CO - - - - - - - - Other - - - - - - - - FUNDING TOTAL 2,900 - 453,000 - - - - 455,900 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - 4,796 4,940 5,088 14,824 Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - 4,796 4,940 5,088 14,824 PROJECT FUNDING 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGET The project will provide stabilization of road subgrade and 6" of asphalt to approximately 4,000 LF of Roanoke Road and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Project improvements will be from Highway 170 south to the Town Limits. Foresee crack sealing during the 2nd year after completion. FUNDED CAPITAL IMPROVEMENT Roanoke Road Reconstruction and Drainage South (Highway 170 south to Town limits) PROJECT EXPENSE 5 Year Projection 116 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - 41,800 - - - - 41,800 Construction - - 224,200 - - - - 224,200 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - 266,000 - - - - 266,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO - - 260,000 - - - - 260,000 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 260,000 - - - - 260,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - - - - 5 Year Projection 5 Year Projection PROJECT FUNDING IMPACT ON OPERATING BUDGET FUNDED CAPITAL IMPROVEMENT Sam School Road Reconstruction and Drainage (Solana to Town limits) PROJECT EXPENSE 5 Year Projection The project will provide stabilization of road subgrade and 6" of asphalt to approximately 2,000 LF of Sam School Road and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Anticipate crack sealing 2nd year from completion. Includes 150 linear feet of sidewalk. Staff is working with the Southlake developer to include the Westlake section of Sam School Road reconstruction when the Southlake portion is realigned and reconstructed in 2014/2015. 117 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - 105,000 - - - 105,000 Construction - - 100,000 309,945 - - - 409,945 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - 100,000 414,945 - - - 514,945 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - 414,945 - - - 414,945 Contributions/Grants - - - - - - - - Bonds 2014/15 CO - - 100,000 - - - - 100,000 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 100,000 414,945 - - - 514,945 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - 4,047 4,168 4,293 12,509 Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - 11,564 11,911 12,268 35,743 Debt Service - - - - - - - OPERATING IMPACT - - - - 15,611 16,079 16,562 48,252 PROJECT FUNDING The project will provide stabilization of road subgrade and 6" of asphalt to approximately 6,500 LF of Dove Road and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Anticipate crack sealing 2nd year from completion. Staff is working with the Southlake developer to include a portion of this project when the Southlake portion is realighed and reconstructed in 2014/2015. 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGET FUNDED CAPITAL IMPROVEMENT Dove Road Reconstruction and Drainage (Vaquero to Terra Bella) PROJECT EXPENSE 5 Year Projection 118 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Trail - Engineering - - - - 21,000 - - 21,000 Trail - Construction - - - - 210,000 - - 210,000 Trail - Contingency - - - - 42,600 - - 42,600 Road - Engineering - - - - 54,250 - - 54,250 Road - Construction - - - - 327,000 - - 327,000 EXPENDITURES TOTAL - - - - 654,850 - - 654,850 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2016/17 CO - - - - 654,850 - - 654,850 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - 654,850 - - 654,850 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Trail - Services - - - - 924 952 980 2,856 Insurance - - - - - - - - Trail - Repair & Maintenance - - - - 4,044 4,165 4,290 12,500 Trail - Rent & Utilities - - - - 8,720 8,982 9,251 26,953 Debt Service - - - - - - - - OPERATING IMPACT - - - - 13,688 14,099 14,522 42,308 FUNDED CAPITAL IMPROVEMENT 5 Year Projection PROJECT EXPENSE 5 Year Projection Pearson Lane Reconstruction/Drainage & Trail - Dove Road / Pearson Road / Aspen Lane PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET This project will provide connectivity from Aspen Lane north to Dove Road along the east side of Pearson Road. This will include crosswalk devices at the corner of Dove and Pearson. In addition the project will provide stabilization of raod subgrade and 5" of asphalt to approximately 1,300 LF of Pearson Lane and replace/improve culverts and ditches, cinsistent with 2011 Graham Pavement Evaluation Study. Foresee crack sealing during the 2nd year after completion. 119 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Trail- Engineering/Design - - - - - 21,100 - 21,100 Trail - Construction - - - - - 212,000 - 212,000 Trail - Design - - - - - 43,000 - 43,000 Road/Bridge - Engineering - - - - - 188,060 - 188,060 Road/Bridge - Construction - - - - - 714,650 - 714,650 EXPENDITURES TOTAL - - - - - 1,178,810 - 1,178,810 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2016/17 CO - - - - - 1,178,810 - 1,178,810 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - 1,178,810 - 1,178,810 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Trail - Services - - - - - 3,360 3,461 6,821 Insurance - - - - - - - - Trail - Repair & Maintenance - - - - - 896 923 1,819 Trail - Rent & Utilities - - - - - 8,960 9,229 18,189 Debt Service - - - - - - - - OPERATING IMPACT - - - - - 13,216 13,612 26,828 FUNDED CAPITAL IMPROVEMENT 5 Year Projection 5 Year Projection 5 Year Projection PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET This project will include provide stabilization of road subgrade and 7" asphalt to approximately 4,000 LF of Ottinger Road (from Westlake Academy to SH 170) and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Anticipate crack sealing during the 2nd year after completion. In conjunction with this project, the existing Ottinger Road bridge will be replaced with new box culvert, much like the Dove Road improvements. Staff will determine through engineering design analysis the final design criteria including horizontal and vertical alignment. A trail will provide East to West interconnectivity within the Westlake trail system. Includes a primitive trail head on the Southeast corner of the cemetery property (primitive parking, restroom and water fountain). Ottinger Road Reconstruction/Drainage & Trail (North of Westlake Academy) 120 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - 100,000 - 100,000 Construction - - - - - 600,000 - 600,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - 700,000 - 700,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - 25,000 - 25,000 Bonds 2016/17 CO $2.58M - - - - - - - - Unfunded - - - - - 675,000 - 675,000 Other - - - - - - - - FUNDING TOTAL - - - - - 700,000 - 700,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - 5,000 5,150 5,150 Rent & Utilities - - - - - 10,000 10,300 10,300 Debt Service - - - - - - - - OPERATING IMPACT - - - - - 15,000 15,450 15,450 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Hwy 377 Landscape Improvements The project will include streetscape enhancements (hardscape, landscape) along US Hwy 377 starting at Westport Parkway stretching north for 3/4 mile. The enhancements will only be located in the median and consist of native and naturalized plantings, trees, plant bed preparations, drip irrigation, and concrete edging/mowstrip. Since the project will be within state ROW, the Town will submit this project to TxDOT for potential grant funding opportunities similar to the FM 1938 median landscape project. PROJECT EXPENSE 5 Year Projection 121 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - 103,000 103,000 Construction - - - - - - 618,000 618,000 Design - - - - - 35,000 - 35,000 Contingency - - - - - - - - Other - - - - - 619,600 - 619,600 EXPENDITURES TOTAL - - - - - 654,600 721,000 1,375,600 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - UnFunded - - - - - 654,600 721,000 1,375,600 Other - - - - - - - - FUNDING TOTAL - - - - - 654,600 721,000 1,375,600 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - 2,800 2,884 5,684 Rent & Utilities - - - - - 5,600 5,768 11,368 Debt Service - - - - - - - - OPERATING IMPACT - - - - - 8,400 8,652 17,052 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Dove Road & Randol Mill Traffic Circle Reconstruction and reconfiguration of Dove Road and Randol Mill from a 3-way stop intersection to a traffic circle to improve traffic safety. Pavement construction will be consistent with 2011 Graham Pavement Evaluation Study. PROJECT EXPENSE 5 Year Projection 122 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - 22,500 22,500 Construction - - 228,250 228,250 Design - - 43,250 43,250 Contingency - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - - 294,000 294,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO $2.035M - - - - - - - - Unfunded - - - - - - 294,000 294,000 Other - - - - - - - - FUNDING TOTAL - - - - - - 294,000 294,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - Insurance - - - Repair & Maintenance - - - Rent & Utilities - - - Debt Service - - - OPERATING IMPACT - - - - - - - - PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Trail - Fidelity Campus to Westlake Parkway on 114 PROJECT EXPENSE 5 Year Projection This project will provide connectivity from Hwy 114 to Capital Parkway along the east side of Westlake Parkway. 123 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - - - Construction - - - - - - 16,840 16,840 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - - 16,840 16,840 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2011 CO $2.095M - - - - - - - - Unfunded - - - - - - 16,840 16,840 Other - - - - - - - - FUNDING TOTAL - - - - - - 16,840 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - - - PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Trail Connection at 114/Solana This project will be a cooperative effort between Westlake, Trophy Club, and Southlake consisting of the design and engineering of an intra-city trail system. The engineering/design costs will be shared with all cities. Construction and landscaping are estimated costs until engineering and design are completed. The Town continues to work with Cassidy Turley to construct the trail between Sam School Road and Hwy 114. PROJECT EXPENSE 124 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - - - Construction - - - - 250,000 - - 250,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - 250,000 - - 250,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2011 CO $2.095M - - - - - - - - Unfunded - - - - 250,000 - - 250,000 Other - - - - - - - - FUNDING TOTAL - - - - - - 250,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - - - UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Signalization 5 Year Projection This project will provide for the signalization of the FM 1938 and Dove Road intersection consistent with the enhancements at SH 114. The need to signalize is being precipitated by the proposed signalization of FM 1938 and Solana Blvd./Capital Pkwy that is. The installation of a proposed traffic signal at FM 1938 and Solana Blvd./Capital Pkwy. in connection with the Granada and Entrada developments intersection would increase traffic congestion and frustration at the FM 1938 and Dove Road intersection. While FM 1938 is a TxDOT roadway, the cost to signalize would be the responsibility of the Town if the intersection does not meet TxDOT’s “warrants”. Staff will continue to pursue TxDOT funding for signalization of this intersection. 5 Year Projection PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET PROJECT EXPENSE 125 VEHICLE AND EQUIPMENT OVERVIEW Vehicles and equipment represent approximately 6% of the Town’s assets or roughly $3.4M. While the current CIP does not contain any proposals for vehicles, it is important to note that of the seven vehicles (including a utility truck) the Town currently owns, three are completely depreciated and three more will become completely depreciated within the next five years. Similarly, of the fourteen FF&E asset groups, eight are currently fully depreciated and the remainder will be within the next five years. Whether or not an asset has been fully depreciated does not by itself warrant the need to replace it, however, depreciation does serve as an indicator that the likelihood the asset will need to be replaced in the near future is fairly high. The Town maintains a General Maintenance & Replacement Fund and is working towards funding annually for any replacement items needed in subsequent years. We anticipate a replacement vehicle for the Parks and Recreation Department to be paid from the funds that have been transferred to this fund for just this purpose. Date Remaining placed Annual Useful life @ in service Vehicle Make Vehcile Description Dept Cost Depreciation Life 09/30/13 2005 Chevy Silverado Building Inspection Building $15,704 $3,141 5 0 2007 Dodge Charger Marshal's vehicle Court $23,000 $4,600 5 0 2005 Ford Ranger Public Works Truck Public Works $21,519 $4,304 5 0 2008 Chevy Silverado Public Works Truck Public Works $11,105 $2,221 5 0 2010 Startrans Senator II School Bus Academy $41,625 $8,325 5 2 2010 Girardin 18 Passenger Bus Academy $41,625 $8,325 5 2 2003 Ford 450 Ambulance Fire Dept $144,981 $14,498 10 0 2003 Spartan Fire Truck Fire Dept $236,423 $15,762 15 4 2004 Chevy Tahoe Fire Marshal Fire Dept $41,108 $8,222 5 0 2012 Ford 450 Ambulance Fire Dept $200,000 $20,000 10 9 2012 Ford 550 Attack Truck Fire Dept $169,746 $16,975 10 9 2013 Chevy Suburban Fire Chief Fire Dept $49,084 $9,817 5 5 $995,920 $116,188 126 Capital Maintenance and Replacement The Town recognizes that deferred maintenance and not anticipating capital replacement needs increases future capital costs. Annually, available funds will be evaluated during the budget process and a percentage of each operating fund’s budget will be recommended to the Council for transfer. Upon approval by the Council, the recommended amount will be transferred to the appropriate funds (General or Utility Maintenance Replacement Fund) for major maintenance/ replacement of street, building roof, flooring, air conditioning, equipment, etc. The Town of Westlake owns, operates, and maintains a number of vehicles. To provide a fiscally responsible vehicle and equipment replacement policy that enables the Town to maximize vehicle and equipment utilization, while maintaining the Town’s desired public image and high quality program of services for our residents. Therefore, the Town of Westlake will maintain a Vehicle and Equipment Replacement and Depreciation Schedule; said schedule will be maintained by the Finance Department. Vehicle and equipment replacement criteria will be developed according to each items anticipated useful service life. Typically, this is based upon the type or “category” of the vehicle/equipment and its usage. Each item will be surveyed annually and assigned a score based upon the Point Range and Guideline document. A vehicle will be replaced according to the established criteria unless the Department Head(s) and the Town Manager’s office determine that: 1) mechanical failure or vehicle damage warrants earlier replacement, or 2) the vehicle is still serviceable and may serve additional years beyond its original anticipated service life. Funding for vehicle/equipment replacement should be incrementally allocated from department operating funds to a restricted Capital Maintenance and Replacement Fund, subject to funding availability on an annual basis. Future vehicle/equipment replacements should be funded from this restricted fund, which receives accumulated operating fund transfers based upon the Vehicle and Equipment Depreciation Schedule. Funding will consist of an annual set-aside based upon a straight-line depreciation for each vehicle over the course of its useful life and budgeted as part of the annual budget development process. Depreciation fees should commence the same fiscal year of each new and replacement vehicle/equipment purchase. Likewise, depreciation expenses should be expensed from the respective department operating budget and deposited into the Capital Maintenance and Replacement Fund. Depreciation expenses shall continue through the service life of the new vehicle/equipment and shall cease upon retirement of said vehicle/equipment. 127 Vehicle and Equipment Replacement and Depreciation Guidelines Purpose: To provide a fiscally responsible vehicle and equipment replacement and depreciation policy, which will enable the Town of Westlake to maximize asset utilization while maintaining a positive public image and being fiscally responsible in our budgeting and fleet replacement programs. Policy: Replacement criteria for Town-owned vehicles and equipment will depend primarily on a point system, which is based upon the following factors: • Age • Miles/Hour Usage • Type of Service • Reliability • Maintenance and Repair Costs (not to include incident repairs) • Condition Point Range Chart Note: The Town may decide to retain a vehicle beyond the stated criteria after an evaluation of anticipated usage, repairs and operating costs. Each Town vehicle and small equipment have been placed in a specific category (as listed below) in order to allow for uniformity in our replacement standards. Category "A" This category consists of the one (1) 18-passenger and one (1) 20-passenger school bus. The life span for school bus is 10 years. The Fire Department which includes engines, ladder truck, ambulances, and attack truck which are used primarily as a front-line response vehicle. The front-line life-span of the Engine is 15 years and has a reserve life-span for additional five years. The ambulance front-line life-span is seven years and has a reserve vehicle life-span for additional seven. The Town currently has one (1) Engine, one (1) Attack Truck and two (2) Ambulances. Category "B" This category consists of Maintenances and Public Works vehicles which are used to serve the public on a day-to-day basis and pull trailers. Due to the heavy use, these vehicles may be scheduled for replacement at 100,000 miles provided the maintenance cost is considerably higher than vehicles of the same type. The Town currently has two (2) Public Works trucks. Category "C" This category consists of all other cars and pickups, which include administration pool car, building inspection truck, warrant officer public safety vehicle. These vehicles are generally assigned to a designated staff member and should not be replaced earlier than 100,000 miles provided the maintenance cost is considerably higher than vehicles of the same type. 128 Category "D" This category consists of other off-road equipment (mule and mowers) that are used to serve the public on an "as needed" basis. Replacement of this category may be made after 2,500 operating hours, or provided the maintenance cost is considerably higher than equipment of the same type. The Town currently has one (1) Kawasaki utility vehicle and (1) mower. Category "E" This category consists of light equipment (weed-eaters, chain saw and pumps, generators, trailers, and other small hand-operated equipment) which are used to serve the public on an "as needed" basis. Replacements in this category may be made after the total maintenance cost exceeds the original purchase price of a particular piece of equipment. The cost of upgrading a piece of equipment will be the responsibility of the operating division. The Town currently has one weed-trimmer, chain saw, blower, small generator and a trailer. Guide for Early Replacement of Town-Owned Vehicles Early Replacement The consideration of early replacement of a vehicle often arises when major expenditures are necessary to restore it to a safe operating condition (e.g., major component failure or incident damage). The economic effect of such repairs cannot be avoided because the cost to the Town is normally about the same whether the vehicle is sold in un-repaired condition or restored to repaired condition. However, replacement prior to the normal criteria for vehicles will result in an acceleration of all future replacement cost cycles required to satisfy a continuing vehicle need. This acceleration of cost cycles causes a sizable increase in the total present value cost of all fixture cycles and should be avoided whenever possible. Major vehicle repairs should always be made, with two exceptions: 1. Major expenditures for repair should not be made when the cost of the repair plus the vehicle salvage in un-repaired condition exceeds its wholesale value in repaired condition. 2. Major deferrable expenditures should not be made when a vehicle is in the final six months of its retention cycle. During this period the penalty for early replacement is small and, therefore, the vehicle should be replaced rather than repaired. Depreciation Formula Current acquisition price of each vehicle divided by the utilization cycle mileage or total maintenance cost) will provide the yearly depreciation allowance. EXAMPLE A – Vehicles Mileage: $30,000.00 vehicle divided by the target replacement cycle of 100,000 miles will give you a depreciation cost of $.30 per mile. $0.30 times the number of miles (20,000) the vehicle was driven the previous year will give you the yearly depreciation amount $6,000.00. 129 EXAMPLE B – Small Equipment Maintenance Cost: depreciate the original purchase price by 15% per year, for power hand tools, trailers, etc. Replace the item only when the maintenance cost reaches the original purchase price. Point Ranges for Replacement Consideration Point Scale Condition Description 20 points & under Excellent Do not replace 21 to 25 points Very Good Re-evaluate for the following year's budget 26 to 31 points Fair Qualifies for replacement if M/R cost exceed 60% of cost 32 to 37 point Poor Replacement if budget allows Above 38 points failed Needs priority replacement Below are two examples on how the point range and guidelines for Category "B" and “C” would work with current town vehicles. Example: Pool Vehicle Data Description Points Year 1999 26 points Type Crown Victoria Passenger Car 1 point Mileage 64,000 6 points Maintenance Repair driver side window motor 2 points Condition Poor paint and body condition, hail damage, rust spots, small dents, interior - rips, tears, stains, cracking on seat covers 5 points Total Points 40 points Staff recommendation = Replacement this year Data Description Points Year 2005 14 points Type Silverado F150 extended cab truck 1 point Mileage 35,000 3 points Maintenance low 1 points Condition Very good exterior and interior condition 1 points Total Points 20 points Staff recommendation = Include the replacement cost in the five year forecast 130 Point range and guidelines for Category "B" and “C” Factor Points Description Age Usage Type of Service 1 Each 10,000 miles of usage 1 Standard sedans, SUV’s and pickups 2 Each year of chronological age 3 Any vehicle that pulls trailer, hauls heavy loads and continued off- road usage 4 Any vehicle involved in ice or snow removal or road treatment Reliability Preventive Maintenance Work Not Included 1 In shop one time within three month time period, no major breakdowns/road side assistance call with 3 month period 2 In shop one time within three month time period, 1 breakdown/ road side assistance call within 3 month period 3 In shop more than once within 3 month time period, 1 or more breakdown/road side assistance call within same period 4 In shop more than twice within one month time period, 1 or more breakdowns/road side assistance call in same time period 5 Two or more breakdowns within one month time period M&R Cost Incident Repair Not Include 1 Maintenance cost are less than or equal to 20% of replacement 2 Maintenance cost are 21-40% of replacement cost 3 Maintenance cost are 41-60% of replacement cost 4 Maintenance cost are 61-80% of replacement cost 5 Maintenance cost are greater than or equal to 81% of replacement cost Condition 1 No visual damage or rust 2 Minor imperfections in body and paint, interior fair (no rips, tears, burn) 3 Noticeable imperfections in body and paint surface, minor rust, minor damage for add-on equipment, won interior (one or more rips, tears, burns). 4 Poor paint and body condition, rust (holes), interior (rips, tears, burns, cracked dash) and major damage for add-on equipment 5 Previous accident damage, poor paint and body condition, rust (holes), interior (rips, tears, burns, cracked dash) and major damage for add-on equipment Point Ranges Condition Description 0-20 Excellent Do not replace 21-25 Very Good Re-evaluate for next year’ budget (5 year forecast) 26-31 Good Qualifies for replacement this year if M/R cost exceed 60% of cost 32-37 Fair Qualities for replacement this if budget allows 38+ Poor Needs priority 131 INFORMATION TECHNOLOGY OVERVIEW Whether or not an asset has been fully depreciated does not by itself warrant the need to replace it, however, depreciation does serve as an indicator that the likelihood the asset will need to be replaced in the near future is fairly high. The Town is working towards funding annually for any replacement items needed in subsequent years. 132 Actual Estimated Proposed Status FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17 TOTAL Lifecycle Maintenance & Replacement Server replacements Capital - 2,500 2,500 5,000 5,000 15,000 iPad/Tablet Replacements Capital - 30,000 - 30,000 - 60,000 Laptop/iMac Replacements Capital 90,000 60,000 25,000 70,000 20,000 265,000 PC Replacements Capital - 2,500 1,500 1,500 1,500 7,000 Telephone System Replacements Capital 2,000 2,500 2,500 2,500 2,500 12,000 Network Hardware replacements Capital 3,000 5,000 5,000 5,000 5,000 23,000 $ 95,000 $ 102,500 $ 36,500 $ 114,000 $ 34,000 $ 382,000 Ongoing Technology Programs Information Technology Training Operational 2,500 2,500 2,500 2,500 2,500 12,500 Campus security system/upgrades Capital 12,000 6,000 8,000 9,000 10,000 45,000 Hardware & software support contracts Operational 5,000 6,000 8,000 9,000 10,000 38,000 Website Hosting, Maintenance, Upgrades Operational 1,500 1,500 15,000 3,000 2,000 23,000 Email service & archival Operational 2,000 2,200 2,400 2,600 2,800 12,000 Internet and Network Service & Support Operational 15,000 16,000 17,000 18,500 20,000 86,500 Security/Disaster Recovery Equipment & Support Operational 5,000 7,500 7,500 7,500 7,500 35,000 $ 43,000 $ 41,700 $ 60,400 $ 52,100 $ 54,800 $ 252,000 Growth Expand network infrastucture to accompdate Capital 7,000 7,000 12,000 12,000 12,000 50,000 Network Monitoring & Management Sysytem Capital - 1,500 1,500 2,000 2,000 7,000 Procure additional end-user and educational Capital 10,000 25,000 25,000 25,000 25,000 110,000 $ 17,000 $ 33,500 $ 38,500 $ 39,000 $ 39,000 $ 167,000 FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17 TOTAL 155,000 177,700 135,400 205,100 127,800 801,000 31,000 35,700 52,400 43,100 44,800 207,000 124,000 142,000 83,000 162,000 83,000 594,000 Capital Budget Town of Westlake Academy Five Year Technology Forecast Projection Total Year Budget Operational Budget 133 Actual Estimated Proposed Status FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17 TOTAL Lifecycle Maintenance & Replacement Server replacements Capital 7,000 7,000 10,000 10,000 10,000 44,000 iPad/Tablet Replacements Capital - 4,000 2,000 4,000 2,000 12,000 PC/Printer Replacements Capital 7,500 7,500 8,000 8,000 8,500 39,500 Security System upgrades/replacements Capital - 2,000 2,000 - - 4,000 Telephone System Replacements Capital 5,000 5,000 5,000 5,000 5,000 25,000 Network Hardware replacements Capital 7,000 7,000 10,000 10,000 10,000 44,000 $ 26,500 $ 32,500 $ 37,000 $ 37,000 $ 35,500 $ 168,500 Strategic Initiatives/Project Implementation Laserfiche Implementation/Licensing/Support Capital 53,000 11,500 13,000 15,000 15,000 107,500 Online Utility Billing Payment System & Support Operational 7,500 1,500 1,500 1,500 1,500 13,500 Security system upgrades/support Operational 2,000 2,000 - - 1,000 5,000 GIS service for Public safety dispatch Operational 3,000 7,000 7,000 7,000 7,000 31,000 $ 65,500 $ 22,000 $ 21,500 $ 23,500 $ 24,500 $ 157,000 Ongoing Technology Programs Information Technology Training Operational 2,500 2,500 3,500 3,500 4,000 16,000 Email service & archival Operational 6,000 6,000 6,000 6,000 6,000 30,000 Website Hosting, Maintenance, Upgrades Operational 5,000 5,000 5,000 5,000 5,000 25,000 Hardware & software support contracts Operational 5,000 5,000 5,000 15,000 7,500 37,500 Application software service & Support Operational 12,000 13,000 14,000 15,000 16,000 70,000 Internet and Network Service & Support Operational 15,000 16,000 17,000 18,500 20,000 86,500 Security/Disaster Recovery Equipment & Support Operational 5,000 7,500 7,500 7,500 7,500 35,000 $ 50,500 $ 55,000 $ 58,000 $ 70,500 $ 66,000 $ 300,000 Growth Network Monitoring & Management Sysytem Operational - 1,500 1,500 2,000 2,000 7,000 Procure additional PCs/laptops/tablets Capital 4,500 3,500 4,000 4,500 5,000 21,500 $ 4,500 $ 5,000 $ 5,500 $ 6,500 $ 7,000 $ 28,500 Status FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17 TOTAL 147,000 114,500 122,000 137,500 133,000 654,000 63,000 67,000 68,000 81,000 77,500 356,500 84,000 47,500 54,000 56,500 55,500 297,500 Capital Budget Town of Westlake Municipal Five Year Technology Forecast Projection Total Year Budget Operational Budget 134 UTILITY IMPROVEMENTS OVERVIEW The Town of Westlake currently owns a minimum of approximately $24M of utility fixed assets. These take the form of water, sewer and telecommunications duct bank lines. These assets are initially installed through development and later transferred to the Town for upkeep and maintenance. With the recent completion of the Stagecoach Hills water main, the Town’s utility infrastructure is in relatively good shape with no known deficiencies. The five items that are fully depreciated are water lines that were transferred from the City of Keller which may need replacement in the near future but are fully operational now. It should also be noted that the Town is currently engineering a GIS system that will map all infrastructure; this project provides us the opportunity to review the condition of these assets and their values which will be revised as necessary. ADOPTED PROJECTS – CIP FY 2014-2018 PROJECTS TO BE COMPLETED IN FY 13/14 o Ground Storage Tank PROJECTS TO BE COMPLETED IN FUTURE YEARS o TRA Assumption of N-1 Sewer Line PROPOSED PROJECTS – CIP FY 2015-2019  Meter Reading and Equipment 135 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - 12,467 - - - - 12,467 Construction - 70,500 250,000 - - - - 320,500 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - 82,967 250,000 - - - - 332,967 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - 82,967 250,000 - - - - 332,967 Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - 82,967 250,000 - - - - 332,967 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - - - FUNDED CAPITAL IMPROVEMENT TRA Assumption of N-1 Sewer Line PROJECT EXPENSE 5 Year Projection PROJECT FUNDING This project is intended to transfer ownership of a section of sewer line from Westlake and Southlake to TRA. It includes the design and construction of a metering station with SCADA equipment at the proposed Town of Westlake "Point of Entry." Westlake will be required to conduct an extensive inflow and infiltration study and perform repairs (separate capital improvement). 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGET 136 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering 96,803 1,403,197 - - - - - 1,500,000 Construction - - - - - - - - Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL 96,803 1,403,197 - - - - - 1,500,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - 500,000 - - - - - 500,000 Contributions/Grants - - - - - - - - Bond Issuance $1.0M 96,803 903,197 - - - - - 1,000,000 UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL 96,803 1,403,197 - - - - - 1,500,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - 500 515 530 546 563 2,155 Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - 500 515 530 546 563 2,155 FUNDED CAPITAL IMPROVEMENT Ground Storage Tank PROJECT EXPENSE 5 Year Projection PROJECT FUNDING This project will consist of designing and constructing a new ground storage tank at the existing pump station. We anticipate this tank will be a 1,000,000 gallon tank and will be needed to augment services once Deloitte has become fully staffed. Maintenance (consisting of inspection and cleaning) would not be expected until year two. Total amount = $1,558,500; Debt service payments = approximately $170k/yr for 10 years. 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGET 137 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Engineering - - - - - - - - Construction - - 38,500 38,500 - - - 77,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - 38,500 38,500 - - - 77,000 Totals Thru Estimated Project FUNDING TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Cash/Transfers - - 38,500 38,500 - - - 77,000 Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 38,500 38,500 - - - 77,000 Totals Thru Estimated Project IMPACT TYPE FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - 12,600 25,200 25,956 26,735 27,537 118,027 Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - 12,600 25,200 25,956 26,735 27,537 118,027 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection NEW CAPITAL IMPROVEMENT REQUEST Meter Reading & Equipment The Town currently utilizes a drive by radio frequency method to read water meters. This requires the Town to purchase a laptop and proprietary reading software from the meter company and is only supported for 5 years. The Town's system is 6 years old and is in need of being upgraded/replaced. This project will consist of replacing all radio read meters within the Town with the next generation system that would allow for instantaneous, remote meter readingcleaning; increased customer service, and a customer web portal that would allow customers to view their water consumption. The new system would require a monthly charge of $3 per meter. PROJECT EXPENSE 5 Year Projection 138 CAPITAL IMPROVEMENT PLAN A Town capital project should be defined as construction or reconstruction of any public building or infrastructure identified as a community need, whether funding is currently available or not. If funding is not currently available, but the project is determined by the Council to be important, the project is still included in the Council’s approved five (5) year CIP and shown as unfunded. If funding is later made available, the project is already on the “radar screen”, although it may be scheduled in the out years of the 5 year planning period. The Council approved the Town’s formal Five (5) Year CIP on September 16, 2013. By going through the effort of a formally prepared CIP in the prior year, subsequent years’ CIP should be more of an annual update to make sure of the following: • The staff has identified all the capital projects the Council sees on the horizon. • The Council can remove the projects that no longer are seen as a priority in terms of not meeting the community’s strategic needs (assuming that no funding has been spent on design thus far). • Annual Council review allows project timing to be adjusted in terms of which year in the 5 year time span the project is assigned. • Annual review of the Council approved 5 year CIP allows this review to be performed at the same time as the review of the 5 year financial forecast (this is completed to see the impact of a capital project not only on the capital side, but also on the operations/maintenance side). • With Council’s adoption of this 5 year CIP, along with the adopted financial policies, no capital project, regardless of funding source, is put into the CIP until it first comes through the annual update “call for projects” prepared each Spring by the staff and is included in the CIP approved by the Council. 139 140 EIGHT YEAR FORECAST NARRATIVE The Long-Range Financial Forecast takes a forward look at the Town’s General Government (General, Debt Service and Capital / Street Maintenance funds) revenues and expenditures. Its purpose is to identify financial trends, shortfalls, and issues so the Town can proactively address them. It does so by projecting out into the future the fiscal results of continuing the Town’s current service levels and policies, providing a snapshot of what the future will look like as a result of the decisions made in the recent past. The Long-Range Financial Forecast is not intended as a budget, or as a proposed plan. Instead, it sets the stage for the budget process, facilitating both Council and staff in establishing priorities and allocating resources appropriately. GOALS OF LONG-RANGE PLANNING To maximize the benefit of long-range planning, Council established the following goals: • Sustain existing programs at high service levels. • Maintain a healthy General Fund balance of at least 90 operating days annually. • Maintain competitive employee compensation within 3% of the median for the market. • Provide adequate and stable funding for street and facility maintenance projects. The Long-Range Financial Forecast is based on assumptions regarding what will happen in the regional and state economy over the next five years, and on near-term and long-term revenue and expenditure drivers. It is important to keep in mind the purpose of a forecast is to get a general picture of what the organization’s financial condition over time could be, based upon conservative assumptions. The term “conservative” used in the context of financial forecasting means revenues are forecast at low growth levels or even at a decline (depending on the revenue source). Expenditures, while not necessarily being forecast as declining, are generally forecast with a 2- 3% escalation rate, depending on inflation. Forecasts generally have at least one scenario where all that is assumed on expenditures is the current level of service and perhaps some growth in salary/wage expenses. The Council can, if they wish, ask that certain service level adjustments, whether it is service expansion or reduction, be included as alternate scenarios, particularly if it appears that revenues will not cover expenditures in the out years of the forecast. It is also important to remember, since the purpose of the forecast is to get an idea, based on conservative assumptions, as to the Town’s financial condition during the five (5) year planning period, that the forecast is showing that the Town will have available funds for additional debt service as well as building a fund balance for future capital and major maintenance and replacement. This is the reason forecasting is a good tool, as it gives the Council time to strategize as to course we may want to make financially, both in the short and long term. Finally, it is important to remember the criticality that economic conditions play in forecasting, particularly as it relates to sales tax, which can be a volatile revenue source. If economic conditions improve, sales tax receipts are affected (usually positively) as well as building permit revenue. Key Revenue Drivers Key Expenditure Drivers Tax Rate Overtime Costs Net Taxable Value Operating Supplies Sales Tax Apparatus & Tools Mixed Beverage Tax Motor Vehicle Fuel Franchise Fees Maintenance Licenses & Permits Travel, Training & Dues Charges for Services Utility Costs Intergovernmental Revenues Professional Services Fines & Forfeitures Insurance Costs Interest Income Fleet/Capital Equipment Replacements 141 EIGHT YEAR FORECAST NARRATIVE FORECAST ASSUMPTIONS - FY 2014-15 PROPOSED BUDGET The five year financial forecast is based upon the following assumptions: REVENUES AND OTHER FINANCING SOURCES: • General Fund o Sales tax revenue is budgeted at a 3% increase  The Town’s economic development funds appear to be stabilizing at approximately $16,000/monthly of which 50% must be returned.  One-time revenues and audit receipts have been conservatively estimated at $100,000 each. In prior years these two numbers have been anywhere from $100,000 to $1,000,000 combined; therefore, because of the uncertainly of the funds, we are conservative with these estimates.  On-going sales tax receipts are forecasted to increase by approximately 11% from FY 2013-2014 based on the prior years’ trending.  Includes the Property Tax Reduction portion of the Sales tax receipts o Property tax revenue is estimated at $1,376,063 based on Certified Tax Roll and M&O tax rate of $.13710 per $100 of valuation. o No new gas well revenue is projected o No additional one-time revenues related to economic development agreements are anticipated to be received o Building permits/inspection/plan review fees are increased by 45% due primarily to the Granada development o Based on current year receipts, franchise fees are only budgeted at a 1% increase EXPENDITURES AND OTHER FINANCING USES: • General Fund o Payroll and Related expenditures increased approximately 23%:  This increase includes $557K in payroll expenditures including market pay increase (inclusive of taxes and insurance) for work force attraction and retention and is the second year of a 2 year program.  This increase also includes $202K in personnel changes; This includes an increase in base costs of $71,394 to maintain our current staff levels along with $65,000 in market pay adjustments (inclusive of taxes and insurance) for work force attraction and $54K in performance based pay, and a newly recommended allocation of $8K for cell phone reimbursement of various staff members (Directors and on-call technicians). A portion of this increased expenditure is subsidized by transfers in from the Utility Fund ($30K) and the Visitors Association Fund ($92K)  This increase also includes the following personnel changes o $35,753 – transition of part-time Communication Specialist to full- time o $77,987 – addition of one full-time Firefighter / Paramedic o $19,592 – replacement of part-time Deputy Court Clerk  Transition of shared services employees to municipal budget o $68,503 – Accounting Technician o $120,860 – IT Director • $130,144 increase for medical, dental and life Insurance costs (40%)  $16,931 increase for social security and Medicare taxes (08%)  $89,840 increase for ICMA and TMRS costs (46%) 142 EIGHT YEAR FORECAST NARRATIVE o Operating expenditures and transfers out increased $1M  $300K – future Westlake resident enrollment capacity  $ 42K – increase to Keller Police contract services  $520K – transfer to Capital Projects Fund  $168K – transfer to Debt Service Fund • Visitors Association Fund – Total expenditures and other uses increased by 27% primarily due to operating transfers related to payroll and the transition of a part-time Communication Specialist • Utility Fund - Total expenses and other uses increased 14% and is composed primarily of completion of the ground storage tank and a transfer to the General Fund in repayment of a portion of funds needed for the ground storage tank project. • CIP – Based on adopted CIP • All Funds - Includes all adopted maintenance projects and equipment replacement to maintain current level of service FORECAST ASSUMPTIONS - FY 2015-2016 AND BEYOND PROJECTION REVENUES AND OTHER FINANCING SOURCES: • Sales tax revenue - increase 3% annually • Property tax revenue – currently increased 2% for current evaluation o Estimate value on the roll two years from date of permit for new construction– separate line-item on forecast • Other revenue - increase 2% annually o Building permits/inspection/plan review fees are currently only increased by 2% will breakout of additional bldg. permits/fees/inspections based on Granada growth. EXPENDITURES AND OTHER FINANCING USES: • Includes all adopted maintenance projects and equipment replacement to maintain current level of service • Salary and wages increase by 2% annually • Payroll - increase by fire department personnel only until there are 4 per shift • Includes 5-year personnel forecast • Includes capital projects impact to operating budget • Includes anticipated debt payments based on adopted CIP • Includes 5-year technology plan • Other expenditures increase by 3% (excluding any one-time expenditures) • CIP based on adopted CIP • Reduces Fire Department current expenditure related to utilities, etc. in future years upon construction of Fire Station • Westlake Academy reserve - $300K/annually (Student enrollment remains flat) • Transfer from GF to CPF of $2.1M receipts in one-time permits from Granada for FY 14/15, FY 15-16 and FY 16-17 (Based on forecast ) • Granada lot fees of $10K/lot transferred to Westlake Academy Expansion for future construction • Annual transfers to maintenance and replacement funds 143 SCENARIO 1 Includes Delayed CIP (Fire Station Land only 14-15) (Construction in 18-19) ESTIMATED 1 2 3 4 5 6 7 8 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 20-21 GENERAL FUND 100 1 Sales Tax (ongoing 100% minus one time)3.0%4,100,000 4,535,000 4,671,050 4,811,182 4,955,517 5,104,182 5,257,308 5,415,027 5,577,478 2 Sales Tax (audit/one-time)0.0%400,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 3 Sales Tax - additional due to commercial 50,000 51,500 53,045 103,045 4 Sales Tax Allocation to 4B linked (1,125,000) (1,158,750) (1,192,763) (1,227,795) (1,263,879) (1,301,046) (1,339,327) (1,378,757) (1,419,369) 5 Sales Tax Allocation to ED 2.0%(100,000) (100,000) (102,000) (104,040) (106,121) (108,243) (110,408) (112,616) (114,869) 6 Sales Tax Subtotal 3,275,000 3,376,250 3,476,288 3,579,346 3,685,517 3,844,894 3,959,073 4,076,699 4,246,285 7 Property Tax 2.0%1,189,825 1,209,094 1,233,276 1,257,941 1,283,100 1,308,762 1,334,937 1,361,636 1,388,869 8 Estimated Additional Property Tax - per schedule - 83,328 166,656 383,310 416,640 450,000 650,000 9 Property Tax (Fidelity abatement ends 20/21)0.02 125,647 10 Property Tax Subtotal 1,189,825 1,209,094 1,233,276 1,341,269 1,449,756 1,692,072 1,751,577 1,811,636 2,164,516 11 Permits and Fees (FD/MC/Other)2.0%148,510 148,510 151,480 154,510 157,600 160,752 163,967 167,246 170,591 12 Permits and Fees (Bldg Other Fees)2.0%109,990 109,990 112,190 114,434 116,722 119,057 121,438 123,867 126,344 13 Permits and Fees (Bldg Permits/Insp)2.0%750,000 480,000 480,000 144,000 480,000 480,000 480,000 480,000 480,000 14 Permits and Fees (Commercial)- 1,000,000 - - 1,000,000 - - 15 Estimated increased permits/fees for Granada 720,000 720,000 576,000 - - - - - 16 Total Permits and Fees 1,008,500 1,458,500 1,463,670 1,988,943 754,322 759,809 1,765,405 771,113 776,935 17 Beverage Tax 2.0%50,000 50,500 51,510 52,540 53,591 54,663 55,756 56,871 58,009 18 Franchise Fees 2.0%787,508 795,383 811,291 827,517 844,067 860,948 878,167 895,731 913,645 19 Fines & Forfeitures 2.0%645,000 670,000 683,400 697,068 711,009 725,229 739,734 754,528 769,619 20 Interest 2.0%8,670 8,670 8,843 9,020 9,201 9,385 9,572 9,764 9,959 21 Misc Income 2.0%55,959 60,094 61,296 62,522 63,772 65,048 66,349 67,676 69,029 22 Other Revenues 1,547,136 1,584,647 1,616,340 1,648,667 1,681,640 1,715,273 1,749,578 1,784,570 1,820,261 23 Transfer In - UF 500 Impact linked 37,500 37,500 38,250 39,015 39,795 40,591 41,403 42,231 43,076 24 Transfer In - UF (IF loan repymt of $500K plus int )- 256,245 256,245 - - - - - - 25 Transfer In - VA 220 Dept 22 3.0%13,020 13,220 13,617 14,025 14,446 14,879 15,326 15,785 16,259 26 Transfers In 50,520 306,965 308,112 53,040 54,241 55,470 56,729 58,016 59,335 27 Total Revenues & Transfers In 7,070,981 7,935,456 8,097,685 8,611,266 7,625,476 8,067,518 9,282,362 8,502,034 9,067,332 28 Payroll Salaries 3.0%(2,339,745) (2,862,360) (2,948,231) (3,036,678) (3,127,778) (3,221,612) (3,318,260) (3,417,808) (3,520,342) 29 Payroll Insurance (Health/Dental/Life)10.0%(325,884) (456,028) (501,631) (551,794) (606,974) (667,671) (734,438) (807,882) (888,670) 30 Payroll Taxes (SSM/WC/TWC)3.0%(209,783) (226,713) (233,515) (240,520) (247,736) (255,168) (262,823) (270,708) (278,829) 31 Payroll Retirement (TMRS/ICMA)3.0%(193,291) (283,131) (291,625) (300,373) (309,385) (318,666) (328,226) (338,073) (348,215) 34 Payroll Transfers In 3.0%607,660 809,308 833,587 858,595 884,352 910,883 938,209 966,356 995,346 33 5-yr Personnel Forecast (ONLY Fire thru 18-19)0 - (78,000) (158,340) (246,090) (253,473) (261,077) (268,909) (276,977) 34 Total Payroll and Related (2,461,043) (3,018,925) (3,219,415) (3,429,111) (3,653,610) (3,805,707) (3,966,615) (4,137,024) (4,317,686) 35 Supplies 3.0%(235,921) (213,041) (219,432) (226,015) (232,795) (239,779) (246,973) (254,382) (262,013) 36 Service (inc CP operational impact for 14-15)3.0%(2,194,112) (2,218,259) (1,846,078) (1,901,460) (1,958,504) (2,017,259) (2,077,777) (2,140,110) (2,204,313) 37 Service(K-5 Westlake reserve slots)fixed - (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) 38 Insurance 3.0%(30,520) (31,614) (32,562) (33,539) (34,545) (35,582) (36,649) (37,749) (38,881) 39 R&M 3.0%(126,962) (159,060) (163,832) (168,747) (173,809) (179,023) (184,394) (189,926) (195,624) 40 Rent & Utilities 3.0%(299,812) (299,842) (308,837) (318,102) (327,645) (337,475) (347,599) (358,027) (368,768) 41 Debt (repayment to BBP)3.0%(18,339) (18,339) (18,339) (18,339) (18,339) (18,339) (18,339) (18,339) (18,339) 42 Reduce Solana rent (GFportion)3.0%- - - - - - - - - 43 Reduce Fire Station utilities 3.0%- - - - - - 15,298 15,757 16,230 44 Operating Impact - Parks/Rec Projects Project - - (7,570) (9,737) (10,029) (10,330) (10,640) (10,959) (11,288) 45 Operating Impact - Facilities Projects Project - - (19,430) (20,013) (20,613) (103,667) (106,777) (109,980) (113,280) 46 Operating Impact - Road Projects Project - - (111,305) (148,739) (166,417) (171,409) (176,551) (181,848) (187,303) 47 Total Operating Expenditures (2,905,665) (3,240,154) (3,027,385) (3,144,691) (3,242,697) (3,412,863) (3,490,401) (3,585,563) (3,683,579) 48 Capital Outlay 3.0%(31,700) (16,280) (16,768) (17,271) (17,790) (18,323) (18,873) (19,439) (20,022) 49 Capital Project 3.0%- - - - - - - - - 50 IT Forecast - (54,000) (56,500) (55,500) (60,000) (65,000) (65,000) (65,000) (65,000) 51 Total Capital (31,700) (70,280) (73,268) (72,771) (77,790) (83,323) (83,873) (84,439) (85,022) 52 Transfer Out - ED 210 (35,758) (35,758) (35,758) - - - - - - 53 Transfer Out - GMR 600 fixed (275,000) (275,000) (275,000) (225,000) (225,000) (225,000) (225,000) (225,000) (225,000) 54 Transfer Out - DS (Debt for Academy Exp $8.5M linked - - (447,798) (448,732) (445,172) (446,018) (451,180) (446,875) (450,880) 55 Transfer Out - VA for debt service - (162,400) (169,463) (171,025) (172,463) (168,838) 56 Transfer Out - DS 300 (Including 5-year CIP)linked (647,766) (815,854) (419,710) (159,107) (313,218) (268,047) (600,847) (486,987) (449,395) 57 Transfers Out - Operating (958,524) (1,126,612) (1,178,266) (832,840) (1,145,791) (1,108,528) (1,448,052) (1,331,325) (1,294,113) 58 Transfer Out - CP 410 linked - (430,000) - - - - - - - 59 Transfer Out - WAE 412 (630,000) - - - - - - - - 60 Transfer out - Capital Projects -one time $$(720,000) (720,000) (576,000) - - - - - 61 Transfers Out - Non Operating (630,000) (1,150,000) (720,000) (576,000) - - - - - 62 Total Expenditures & Transfers Out (6,986,933) (8,605,971) (8,218,334) (8,055,413) (8,119,888) (8,410,421) (8,988,941) (9,138,351) (9,380,400) 63 NET R&TI Over(Under) E&TO 84,048 (670,515) (120,649) 555,852 (494,411) (342,903) 293,421 (636,316) (313,069) 64 Beginning Fund Balance 5,812,583 5,896,631 5,226,116 5,105,466 5,661,318 5,166,907 4,824,004 5,117,425 4,481,109 65 Ending Fund Balance 5,896,631 5,226,116 5,105,466 5,661,318 5,166,907 4,824,004 5,117,425 4,481,109 4,168,041 66 Restricted/Committed/Assigned 2.0%265,126 255,079 260,181 265,384 270,692 276,106 281,628 287,260 293,006 67 Restricted/Committed/Assigned (portion of 1 time fees)- - - - - 68 Unassigned Ending Balance 5,631,505 4,971,037 4,845,286 5,395,934 4,896,215 4,547,898 4,835,798 4,193,849 3,875,035 69 Operating Days 323 243 236 263 220 197 196 168 151 DESCRIPTION TOWN OF WESTLAKE Includes Granada revenue only All Municipal Funds EIGHT YEAR FORECAST 144 SCENARIO 1 Includes Delayed CIP (Fire Station Land only 14-15) (Construction in 18-19) ESTIMATED 1 2 3 4 5 6 7 8 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 20-21DESCRIPTION TOWN OF WESTLAKE Includes Granada revenue only All Municipal Funds EIGHT YEAR FORECAST DEBT SERVICE FUND 70 Property Tax ref 2011 CO 140,522 166,969 154,903 154,875 155,025 154,975 154,725 154,275 154,600 71 Transfer in - GF 100- including 5-year CIP 647,766 364,407 419,710 159,107 313,218 268,047 600,847 486,987 449,395 72 Transfer in - GF 100 - Phase I - 451,447 447,798 448,732 445,172 446,018 451,180 446,875 450,880 73 Transfer In - VA 220 linked 151,700 164,450 142,250 169,950 162,400 169,463 171,025 172,463 168,838 74 Transfer In - 4B 200 linked 1,125,500 1,159,250 1,193,263 1,228,295 1,264,379 1,301,546 1,339,827 1,379,257 1,419,869 75 Total Revenues & Transfers In 2,065,488 2,306,523 2,357,923 2,160,960 2,340,195 2,340,048 2,717,604 2,639,857 2,643,582 76 77 DS Principal - Issue 2002 CO Phase I (330,000) - - - - - - - - 78 DS Interest - Issue 2002 CO (21,450) - - - - - - - - 79 Bank Charge - 2002 CO - - - - - - - - - 80 81 DS Principal - Issue 2003 CO Phase II (175,000) (185,000) (190,000) - - - - - - 82 DS Interest - Issue 2003 CO (97,411) (90,630) (83,230) (75,250) (75,250) (75,250) (75,250) - - 83 Bank Charge - 2003 CO - - - - - - - - - 84 85 DS Principal - Issue 2007 GORB Refunding (35,000) (35,000) (410,000) (425,000) (40,000) (40,000) (45,000) (50,000) (55,000) 86 DS Interest - Issue 2007 GORB (294,608) (293,295) (291,983) (276,608) (259,608) (258,008) (256,408) (254,608) (252,608) 87 Bank Charge - 2007 GORB (400) (400) (400) (400) (400) (400) (400) (400) (400) 88 89 DS Principal - Issue 2011 GORB Refunding (100,000) (440,000) (100,000) (275,000) (700,000) (715,000) (730,000) (750,000) (770,000) 90 DS Interest - Issue 2011 GORB (223,200) (217,800) (212,400) (207,275) (192,650) (171,425) (149,750) (127,550) (107,750) 91 Bond Issue Cost 2011 GORB - - 92 Bond Issue Cost 2011 GORB - - 93 Bank Charge - 2011 GORB (400) (400) (400) (400) (400) (400) (400) (400) (400) 94 95 DS Principal - Issue 2011 CO Taxes (93,000) (97,000) (100,000) (75,000) (79,000) (83,000) (87,000) (91,000) (96,000) 96 DS Interest - Issue 2011 CO (60,791) (57,704) (54,503) (79,475) (75,625) (71,575) (67,325) (62,875) (58,200) 97 Bank Charge - 2011 CO (77) (400) (400) (400) (400) (400) (400) (400) (400) 98 99 DS Principal - Issue 2013 GORB Ref 2008 (105,000) (120,000) (100,000) (130,000) (125,000) (135,000) (140,000) (145,000) (145,000) 100 DS Interest - Issue 2013 GORB A&S (46,700) (44,450) (42,250) (39,950) (37,400) (34,463) (31,025) (27,463) (23,838) 95 Bank Charge - 2013 GORB (400) (400) - - - - - - - 96 Bond Issue Cost 2013 GORB - - - - - - - - - 97 98 DS Principal - Issue 2013 CO WA (89,000) (173,550) (173,550) (178,000) (178,000) (182,450) (191,350) (191,350) (200,250) 99 DS Interest - Issue 2013 CO Expansion (362,371) (277,719) (274,248) (270,732) (267,172) (263,568) (259,830) (255,525) (250,630) 100 Bank Charge - 2013 CO (400) (400) - - - - - - - 107 108 DS Principal - Issue 2014 GORB Refunding - (195,000) (200,000) (5,000) (5,000) (5,000) (5,000) (5,000) (5,000) 109 DS Interest - Issue 2014 GORB (43,626) (65,510) (61,560) (59,470) (59,290) (59,110) (58,930) (58,750) (58,570) 110 Bank Charge - 2014 GORB - - - - - - - - - 111 112 2014-15 CO (FS LAND only ($56K per $1M) (1.125M) (30yr)(63,000) (63,000) (63,000) (63,000) (63,000) (63,000) (63,000) 113 114 2016-17 CO$2.69M Roads/trails $70K per $1M) (20 Yrs)- - (182,000) (182,000) (182,000) (182,000) (182,000) 115 116 2018-19 (FS (Construction) ($6.7M) (30 yrs)- - - - (374,536) (374,536) (374,536) 117 118 Total Expenditures & Transfers Out (2,078,834) (2,294,658) (2,357,923) (2,160,960) (2,340,195) (2,340,048) (2,717,604) (2,639,857) (2,643,582) 119 NET R&TI Over(Under) E&TO (13,346)11,865 0 0 0 0 0 0 0 120 Beginning Fund Balance 1,481 (11,865) (0) (0) (0) (0) (0) (0) (0) 121 Ending Fund Balance (11,865) (0) (0) (0) (0) (0) (0) (0) (0) 122 Restricted/Committed/Assigned - - - - - - - - - 123 Unassigned Ending Balance (11,865) (0) (0) (0) (0) (0) (0) (0) (0) 145 SCENARIO 1 Includes Delayed CIP (Fire Station Land only 14-15) (Construction in 18-19) ESTIMATED 1 2 3 4 5 6 7 8 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 20-21DESCRIPTION TOWN OF WESTLAKE Includes Granada revenue only All Municipal Funds EIGHT YEAR FORECAST UTILITY FUND 124 Water/Sewer/Waste Revenues 2.0%2,746,850 3,211,810 3,276,046 3,341,567 3,408,398 3,476,566 3,546,098 3,617,020 3,689,360 125 Water/Sewer Tap Fees 2.0%31,350 23,250 23,715 24,189 24,673 25,167 25,670 26,183 26,707 126 Fort Worth Impact Fees 2.0%38,800 37,500 38,250 39,015 39,795 40,591 41,403 42,231 43,076 127 Misc Income 2.0%402,704 192,004 195,844 199,761 203,756 207,831 211,988 216,228 220,552 128 Interest 2.0%6,425 6,000 6,120 6,242 6,367 6,495 6,624 6,757 6,892 131 Total Revenues & Transfers In 3,226,129 3,470,564 3,539,975 3,610,775 3,682,990 3,756,650 3,831,783 3,908,419 3,986,587 132 Expenditures 3.0%(930,578) (877,089) (903,402) (930,504) (958,419) (987,171) (1,016,786) (1,047,290) (1,078,709) 133 Solana Expense - 134 Water Purchases 3.0%(1,134,600) (1,280,600) (1,319,018) (1,358,589) (1,399,346) (1,441,327) (1,484,566) (1,529,103) (1,574,976) 136 Payroll Transfers to GF w acct 3.0%(321,554) (352,198) (362,764) (373,647) (384,856) (396,402) (408,294) (420,543) (433,159) 138 Funded/Proposed Capital Projects Impact to Operations - (13,100) (25,730) (26,501) (27,295) (27,295) (27,295) (27,295) 139 Total Operating Expense (2,386,732) (2,509,887) (2,598,283) (2,688,469) (2,769,122) (2,852,195) (2,936,942) (3,024,231) (3,114,139) 140 Transfer Out - UMR 510 fixed (263,530) (450,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) 141 Transfer Out - GF 100 Loan Repayment linked - (256,245) (256,245) - - - - - - 142 Transfer Out - GF 100 Impact Fees linked (37,500) (37,500) (38,250) (39,015) (39,795) (40,591) (41,403) (42,231) (43,076) 145 Total Transfers Out (301,030) (743,745) (594,495) (339,015) (339,795) (340,591) (341,403) (342,231) (343,076) 146 N1 Sewer Line Transfer 0.0%(82,967) (250,000) - - - - - - - 149 Ground Storage Tank 0.0%(1,403,197) - - - - - - - - 151 METER READING EQUIPMENT NEW 0.0%- (38,500) (35,000) - - - - - - 152 Total Capital Projects (1,486,164) (288,500) (35,000) - - - - - - 153 Debt Service (Hillwood)3.0%(73,000) (73,000) (75,190) (77,446) (79,769) (82,162) (84,627) (87,166) (89,781) 154 Debt Service (Keller OH Storage) fy2020 linked (119,462) (118,212) (118,949) (119,879) (120,538) (120,936) (121,149) (122,688) - 155 DS Principal - Issue 2013 CO Ground Storage Ta $1.025M (11,000) (21,450) (21,450) (22,000) (22,000) (22,550) (23,650) (23,650) (24,750) 156 DS Interest - Issue 2013 CO Ground Storage Tank (44,787) (34,325) (33,896) (33,461) (33,021) (32,576) (32,114) (31,582) (30,977) 157 Total Debt (248,250) (246,987) (249,485) (252,786) (255,328) (258,224) (261,540) (265,086) (145,507) 158 Total Expenditures & Transfers Out (4,422,175) (3,789,119) (3,477,264) (3,280,269) (3,364,245) (3,451,010) (3,539,885) (3,631,548) (3,602,722) 159 NET R&TI Over(Under) E&TO (1,196,046) (318,555) 62,712 330,505 318,745 305,640 291,898 276,871 383,865 160 Beginning Fund Balance 5,765,723 4,569,677 4,251,122 4,313,833 4,644,339 4,963,084 5,268,724 5,560,622 5,837,493 161 Ending Fund Balance 4,569,677 4,251,122 4,313,833 4,644,339 4,963,084 5,268,724 5,560,622 5,837,493 6,221,358 162 Restricted/Committed/Assigned 2.0%186,657 188,524 192,294 196,140 200,063 204,064 208,146 212,309 216,555 163 Unassigned Ending Balance 4,383,020 4,062,598 4,121,539 4,448,198 4,763,021 5,064,660 5,352,476 5,625,184 6,004,803 164 Total Operating Expenditures 2,634,981 2,756,874 2,847,769 2,941,254 3,024,450 3,110,419 3,198,482 3,289,317 3,259,647 165 Operating Days 607 538 528 552 575 594 611 624 672 UTILITY MAINTENANCE AND REPLACEMENT FUND 213 Revenues 1.0%125 125 126 128 129 130 131 133 134 214 Transfers In - UF 500 linked 263,530 450,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 215 Total Revenues & Transfers In 263,655 450,125 300,126 300,128 300,129 300,130 300,131 300,133 300,134 216 Expenditures linked (296,530) (203,000) (82,500) (87,500) (90,000) (90,000) (90,000) (90,000) (90,000) 217 REPAINT EXISTING STORAGE TANK NEW - (160,000) - - - - - - 218 Total Expenditures & Transfers Out (296,530) (203,000) (242,500) (87,500) (90,000) (90,000) (90,000) (90,000) (90,000) 219 NET R&TI Over(Under) E&TO (32,875) 247,125 57,626 212,628 210,129 210,130 210,131 210,133 210,134 220 Beginning Fund Balance 61,298 28,423 275,548 333,174 545,802 755,931 966,061 1,176,192 1,386,325 221 Ending Fund Balance 28,423 275,548 333,174 545,802 755,931 966,061 1,176,192 1,386,325 1,596,459 222 Restricted/Committed/Assigned 28,423 275,548 333,174 545,802 755,931 966,061 1,176,192 1,386,325 1,596,459 223 Assigned Ending Balance (projected)- - - - - - - - - 146 SCENARIO 1 Includes Delayed CIP (Fire Station Land only 14-15) (Construction in 18-19) ESTIMATED 1 2 3 4 5 6 7 8 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 20-21DESCRIPTION TOWN OF WESTLAKE Includes Granada revenue only All Municipal Funds EIGHT YEAR FORECAST CAPITAL PROJECTS FUND 224 FM1938 Streetscape/Wayfinding Contribution - 320,000 - - - - - - - 225 Hwy 377 Westport Parkway Signal 16,500 - - - - - - - - 226 Contributions 114/170 Enhance - - - 160,000 - - - - - 227 Interest Income 7,400 7,400 4,000 3,500 - - - - 228 Transfer in from GF linked - 430,000 - - - - - - - 229 Transfer in from GF (Addl permits)linked 720,000 720,000 576,000 - - 230 Other Sources - Bond Proceeds 1,125,000 - 2,600,000 - 6,708,145 231 Other Sources - Bond Proceeds (trails, etc)- - - - - - - - - 232 Total Revenues & Transfers In 23,900 2,602,400 724,000 3,339,500 - 6,708,145 - - - 233 WATERLINE & WELL IMPROVEMENTS NEW - (63,000) - - - - - - - 235 FIRE STATION COMPLEX NEW - (1,125,000)- - - (6,688,145) - - - 236 MAINTENANCE & STORAGE FACILITY NEW - - - - - (20,000) - - - 237 FM 1938 Streetscaping (Cash)(1,687,600) (637,267) - - - - - - - 238 FM 1938 Streetscaping(Bonds)(42,733) 239 FM 1938 Streetscaping (Contribution)(320,000) 240 SH 114/Hwy 170 Enhancements (7,500) - - - - - - - 241 SH 114/Hwy 170 Enhancements (Cash)-Contribution - (160,000) 242 SH 114/Hwy 170 Enhancements (Cash)(680,467) 243 S. Roanoke Road Reconstruction & Drainage - (453,000) - - - - - - - 244 Sam School Road Reconstruction & Drainage - (266,000) - - - - - - 245 E. Dove Road Reconstruction & Drainage (Vaq - TB)- (100,000) (414,945) - - - - - - 246 Trail and Parks Improvements - (195,000) - - - - - - - 247 Transfer out to WA Expansion parking lot (200,000) - - - - - - - - 248 Outdoor Warning System - (99,000) - - - - - - - 249 HWY 377 Landscape Improvements - - - - - - - - - 250 - - - (381,250) - - - - - 251 Trail - Dove/Pearson/Aspen - - - (273,600) - - - - - 252 Ottinger Road - Creek Bridge - - - - (330,000) - - - - 253 Ottinger Road Recon/Drain - - - - (572,710) - - - - 254 Trail - WA to Cemetery - - - (276,100) - - - - 255 Total Expenditures & Transfers Out (1,904,120) (3,301,000) (414,945) (1,495,317) (1,178,810) (6,708,145) - - - 256 NET R&TI Over(Under) E&TO (1,880,220) (698,600) 309,055 1,844,183 (1,178,810) - - - - 257 Beginning Fund Balance 2,638,835 758,616 60,015 369,070 2,213,253 1,034,443 1,034,443 1,034,443 1,034,443 258 Ending Fund Balance 758,616 60,016 369,070 2,213,253 1,034,443 1,034,443 1,034,443 1,034,443 1,034,443 259 Restricted/Committed/Assigned 758,616 60,016 369,070 2,213,253 1,034,443 1,034,443 1,034,443 1,034,443 1,034,443 260 Unassigned Ending Balance - - - - - - - - - WESTLAKE ACADEMY EXPANSION 261 Contributions 66,000 - - - - - - - - 262 Interest Earned Bonds 5,000 - 263 Misc Revenue 8,500 - 264 Transfer in from GF 630,000 - - - - - - - - 265 Transfer in from CP 200,000 - - - - - - 266 Transfer in from ED Fund 440,000 400,000 - - - - - - 267 Other Sources 466,775 - - - - - - - - 268 Total Revenues & Transfers In 1,376,275 440,000 400,000 - - - - - - 269 Expenditures (8,191,950) (902,805) - - - - - - - 275 Total Expenditures & Transfers Out (8,191,950) (902,805) - - - - - - - 276 NET R&TI Over(Under) E&TO (6,815,675) (462,805) 400,000 - - - - - - 277 Beginning Fund Balance 7,718,480 902,805 440,000 840,000 840,000 840,000 840,000 840,000 840,000 278 Ending Fund Balance 902,805 440,000 840,000 840,000 840,000 840,000 840,000 840,000 840,000 279 Restricted Funds 902,805 440,000 840,000 840,000 840,000 840,000 840,000 840,000 840,000 280 Unassigned Ending Balance (projected)- - - - - - - - - GENERAL MAINTENANCE & REPLACEMENT 281 Revenues 1.0%1,750 3,750 3,788 3,825 3,864 3,902 3,941 3,981 4,021 282 Transfers In - GF 100 linked 275,000 275,000 275,000 225,000 225,000 225,000 225,000 225,000 225,000 283 Total Revenues & Transfers In 276,750 278,750 278,788 228,825 228,864 228,902 228,941 228,981 229,021 284 Expenditures (361,045) (1,264,000) (149,500) (224,450) (193,500) (194,000) (200,000) (200,000) (200,000) 285 Transfers Out - - - - - - - - - 286 Total Expenditures & Transfers Out (361,045) (1,264,000) (149,500) (224,450) (193,500) (194,000) (200,000) (200,000) (200,000) 287 NET R&TI Over(Under) E&TO (84,295) (985,250) 129,288 4,375 35,364 34,902 28,941 28,981 29,021 288 Beginning Fund Balance 1,239,048 1,154,753 169,503 298,790 303,166 338,529 373,432 402,373 431,354 289 Ending Fund Balance 1,154,753 169,503 298,790 303,166 338,529 373,432 402,373 431,354 460,374 290 Restricted/Committed/Assigned 1,154,753 169,503 298,790 303,166 338,529 373,432 402,373 431,354 460,374 291 Unassigned Ending Balance - - - - - - - - - Pearson Lane Recon/Drain One Project One Project 147 SCENARIO 1 Includes Delayed CIP (Fire Station Land only 14-15) (Construction in 18-19) ESTIMATED 1 2 3 4 5 6 7 8 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 20-21DESCRIPTION TOWN OF WESTLAKE Includes Granada revenue only All Municipal Funds EIGHT YEAR FORECAST VISITORS ASSOCIATION FUND 292 Hotel Tax 2.0%700,000 707,000 721,140 735,563 750,274 765,280 780,585 796,197 812,121 293 Other Revenues 2.0%21,550 21,550 21,981 22,421 22,869 23,326 23,793 24,269 24,754 294 Transfers In - GF for Debt Service - - - - 162,400 169,463 171,025 172,463 168,838 295 Total Revenues & Transfers In 721,550 728,550 743,121 757,983 935,543 958,068 975,403 992,929 1,005,713 296 Expenditures 3.0%(241,322) (249,814) (257,308) (265,028) (272,979) (281,168) (289,603) (298,291) (307,240) 297 Solana Expense - 298 Payroll Transfers to GF 3.0%(286,107) (457,110) (470,823) (484,948) (499,496) (514,481) (529,916) (545,813) (562,187) 299 Transfer Out - GF 100 Dept 22 linked (13,020) (13,220) (13,617) (14,025) (14,446) (14,879) (15,326) (15,785) (16,259) 300 Transfer Out - DS 300 Schedule (151,700) (164,450) (142,250) (169,950) (162,400) (169,463) (171,025) (172,463) (168,838) 301 Total Expenditures & Transfers Out (692,149) (884,594) (883,998) (933,951) (949,321) (979,991) (1,005,869) (1,032,352) (1,054,524) 302 NET R&TI Over(Under) E&TO 29,401 (156,044) (140,877) (175,967) (13,778) (21,922) (30,466) (39,424) (48,811) 303 Beginning Fund Balance 1,026,639 1,056,040 899,996 759,119 583,152 569,374 547,452 516,986 477,562 304 Ending Fund Balance 1,056,040 899,996 759,119 583,152 569,374 547,452 516,986 477,562 428,751 305 Restricted/Committed/Assigned 151,700 164,450 142,250 169,950 162,400 169,463 171,025 172,463 168,838 306 Unassigned Ending Balance 904,340 735,546 616,869 413,202 406,974 377,989 345,961 305,099 259,913 307 Operating Days 477 304 255 161 156 141 126 108 90 4B ECONOMIC DEVELOPMENT FUND 308 Sales tax (on-going)linked 1,025,000 1,146,250 1,092,763 1,127,795 1,163,879 1,201,046 1,314,327 1,353,757 1,394,369 309 Sales tax (one-time)fixed 100,000 12,500 100,000 100,000 100,000 100,000 25,000 25,000 25,000 310 Interest fixed 500 500 500 500 500 500 500 500 500 311 Total Revenues & Transfers In 1,125,500 1,159,250 1,193,263 1,228,295 1,264,379 1,301,546 1,339,827 1,379,257 1,419,869 312 Expendures - - - - - - - - - 313 Transfer Out (1,125,500) (1,159,250) (1,193,263) (1,228,295) (1,264,379) (1,301,546) (1,339,827) (1,379,257) (1,419,869) 314 Total Expenditures & Transfers Out (1,125,500) (1,159,250) (1,193,263) (1,228,295) (1,264,379) (1,301,546) (1,339,827) (1,379,257) (1,419,869) 315 NET R&TI Over(Under) E&TO - - - - - - - - - 316 Beginning Fund Balance - - - - - - - - - 317 Ending Fund Balance - - - - - - - - - 318 Restricted/Committed/Assigned - - - - - - - - - 319 Unassigned Ending Balance - - - - - - - - - 320 General Sales Tax linked linked 100,000 100,000 102,000 104,040 106,121 108,243 110,408 112,616 114,869 321 Hotel/Motel Tax 2.0%70,000 70,000 71,400 72,828 74,285 75,770 77,286 78,831 80,408 322 Granada/Entrada $10K/lot 440,000 400,000 323 Transfers In End F fixed 35,758 35,758 35,758 - - - - - - 324 Total Revenues & Transfers In 205,758 645,758 609,158 176,868 180,405 184,013 187,694 191,448 195,277 325 Expendures (205,758) 234,242 (209,158) (176,868) (180,405) (184,013) (187,694) (191,448) (195,277) 326 Transfers Out - (440,000) - - - - - - - 327 Transfer out to Debt Service Fund - - - - - 328 Transfer out to CP - Academy Expansion (440,000) (400,000) - - - - - - 329 Total Expenditures & Transfers Out (205,758) (645,758) (609,158) (176,868) (180,405) (184,013) (187,694) (191,448) (195,277) 330 NET R&TI Over(Under) E&TO - - - - - - - - - 331 Beginning Fund Balance - - - - - - - - - 332 Ending Fund Balance - - - - - - - - - 333 Restricted/Committed/Assigned - - - - - - - - - 334 Unassigned Ending Balance - - - - - - - - - CEMETERY FUND 345 Revenues 2.0%6,060 6,060 6,181 6,305 6,431 6,560 6,691 6,825 6,961 346 Transfers In 2.0%- - - - - - - - - 347 Total Revenues & Transfers In 6,060 6,060 6,181 6,305 6,431 6,560 6,691 6,825 6,961 348 Expenditures 3.0%(6,440) (13,940) (14,358) (14,789) (15,233) (15,690) (16,160) (16,645) (17,144) 349 Transfers Out 3.0%- - - - - - - - - 350 Total Expenditures & Transfers Out (6,440) (13,940) (14,358) (14,789) (15,233) (15,690) (16,160) (16,645) (17,144) 351 NET R&TI Over(Under) E&TO (380) (7,880) (8,177) (8,484) (8,802) (9,130) (9,470) (9,821) (10,183) 352 Beginning Fund Balance 147,621 147,241 139,361 131,184 122,700 113,898 104,768 95,299 85,478 353 Ending Fund Balance 147,241 139,361 131,184 122,700 113,898 104,768 95,299 85,478 75,295 354 Restricted/Committed/Assigned 147,241 139,361 131,184 122,700 113,898 104,768 95,299 85,478 75,295 355 Unassigned Ending Balance - - - - - - - - - LONE STAR FUND 356 Revenues 3.0%45 45 46 48 49 51 52 54 55 357 Transfers In 3.0%- - - - - - - - - 358 Total Revenues & Transfers In 45 45 46 48 49 51 52 54 55 359 Expenditures 3.0%- - - - - - - - - 360 Transfers Out 3.0%- - - - - - - - - 361 Total Expenditures & Transfers Out - - - - - - - - - 362 NET R&TI Over(Under) E&TO 45 45 46 48 49 51 52 54 55 363 Beginning Fund Balance 13,599 13,644 13,689 13,736 13,784 13,833 13,883 13,936 13,989 364 Ending Fund Balance 13,644 13,689 13,736 13,784 13,833 13,883 13,936 13,989 14,045 365 Restricted/Committed/Assigned 13,644 13,689 13,736 13,784 13,833 13,883 13,936 13,989 14,045 366 Unassigned Ending Balance - - - - - - - - - SUMMARY 367 Total Revenues & Transfers in 16,362,091 20,023,481 18,250,266 20,420,953 16,564,462 23,851,631 18,870,488 18,149,935 18,854,531 368 Total Expenditures & Transfers Out (26,271,434) (23,064,095) (17,561,242) (17,657,813) (17,695,976) (23,674,864) (18,085,980) (18,319,457) (18,603,519) 369 NET R&TI Over(Under) E&TO (9,909,343) (3,040,614) 689,023 2,763,140 (1,131,514) 176,768 784,509 (169,523) 251,012 t 370 Beginning Fund Balance 24,425,307 14,515,964 11,475,350 12,164,374 14,927,513 13,796,000 13,972,767 14,757,276 14,587,754 371 Ending Fund Balance 14,515,964 11,475,350 12,164,374 14,927,513 13,796,000 13,972,767 14,757,276 14,587,754 14,838,765 372 Restricted/Committed/Assigned 3,608,965 1,706,170 2,580,680 4,670,179 3,729,789 3,982,220 4,223,041 4,463,621 4,699,014 373 Unassigned Ending Balance 10,906,999 9,769,180 9,583,694 10,257,334 10,066,210 9,990,547 10,534,235 10,124,132 10,139,751 ECONOMIC DEVELOPMENT FUND 148 149 GGLLOOSSSSAARRYY OOFF TTEERRMMSS Account: A separate financial reporting unit for budgeting, management, or accounting purposes. All budgetary transactions, whether revenue or expenditure, are recorded in accounts. Adopted Budget: The budget as modified and finally approved by the Town Council. The adopted budget is authorized by resolution that sets the legal spending limits for the fiscal year. Accounts Payable: A liability account reflecting amount of open accounts owed to private persons or organizations for goods and services received by a government (but not including amounts due to other funds of the same government or to other governments). Accounts Receivable: An asset account reflecting amounts owed to open accounts from private persons or organizations for goods or services furnished by the government. Accrual Accounting: Recognition of the financial effects of transactions, events, and circumstances in the period(s) when they occur regardless of when the cash is received or paid. Activity: A service performed by a department or division. Allocation: A part of a lump-sum amount, which is designated for expenditure by specific organization units and/or for special purposes, activities, or objects. Amortization: Payment of principal plus interest over a fixed period of time. Appropriation: An authorization made by the legislative body of a government, which permits officials to incur obligations against and to make expenditures of governmental resources. Specific appropriations are usually made at the fund level and are granted for a one-year period. Appropriation Ordinance: The official enactment by the legislative body establishing the legal authority for officials to obligate and expend resources. Assets: Resources owned or held by the Town which has monetary value. Audit: An examination, usually by an official or a private accounting firm retained by the Town Council, of organization financial statements and the utilization of resources. Balance Sheet: The basic financial statement, which discloses the assets, liability, and equities of an entity at a specific date in conformity with General Accepted Accounting Principles. Balanced Budget: A budget adopted by the Town Council and authorized by resolution where the proposed expenditures are equal to or less than the proposed revenues plus fund balances. Basis of Accounting: A term used referring to when revenue, expenditures, expenses, and transfers – and related assets and liabilities – are recognized in the accounts and reported in the Town’s financial statements. Bond: A written promise to pay a specified sum of money, called the face sum of money, called the principal amount, at a specified date or dates in the future, called the maturity date(s), together with periodic interest at a specified rate. Bond Covenant: A legally enforceable agreement with bondholders that requires the governmental agency selling the bond to meet certain conditions in the repayment of the debt. 150 GGLLOOSSSSAARRYY OOFF TTEERRMMSS Bond Ordinance: A law approving the sale of bonds that specifies how proceeds may be spent. Bond Funds: Resources derived from issuance of bonds for financing capital improvements. Budget: The Town's financial plan for a specific fiscal year that contains an estimate of proposed expenditures and the proposed means of financing them. Budget Amendment: A revision of the adopted budget that, when approved by the Council, replaces the original provision. Budget Calendar: Schedule of key dates which the Town follows in the preparation and adoption of the budget. Budget Document: Instrument used by the budget-making authority to present a comprehensive financial plan of operations to the Town Council. Budgetary Control: The control or management of the organization in accordance with an approved budget for the purpose of keeping expenditures within the limitations of available appropriations and revenues. Capital Expenditures: Any major non-recurring expenditure or expenditure for facilities, including additions or major alterations, construction of highways or utility lines, fixed equipment, landscaping or similar expenditures. Cash Basis: A basis of accounting under which transactions are recognized when cash changes hand Certificates of Obligations (CO’s): Similar to general obligation bonds except certificates require no voter approval. Comprehensive Annual Financial Report (CAFR): This report summarizes financial data for the previous fiscal year in a standardized format. Contingency: A budgetary reserve set aside for emergencies or unforeseen expenditures not otherwise budgeted. Contractual Services: The costs related to services performed for the Town by individuals, businesses, or utilities. Cost: The amount of money or other consideration exchanged for property or services. Cost may be incurred before money is paid; that is, as soon as liability is incurred. Council: The Mayor and five council members collectively acting as the legislative and policymaking body of the town Current Assets: Those assets which are available or can be made readily available to finance current operations or to pay current liabilities. Those assets which will be used up or converted into cash within one year. Some examples are cash, temporary investments, and accounts receivable collected within one year. Current Liabilities: Debt or other legal obligation arising out of transactions in the past which must be liquidated, renewed, or refunded within one year. Debt Service Fund: A fund used to account for the moneys set aside for the payment of interest and principal to holders of the Town's general obligation and revenue bonds, the sale of which finances long-term capital improvements, such as facilities, streets and drainage, parks and water/wastewater systems. Deficit: The excess of expenditures over revenues during an accounting period; or, in the case of proprietary funds, the excess of expense over income 151 GGLLOOSSSSAARRYY OOFF TTEERRMMSS during an accounting period. Department: A major administrative division of the Town that indicates overall management responsibility for an operation or a group of related operations within a functional area. Depreciation: Change in the value of assets (equipment, buildings, etc. with a useful life of 5 years or more) due to the use of the asset. EMS: Emergency Medical Services Encumbrances: The commitment of appropriated funds to purchase an item or service. Enterprise Fund: A fund established to account for operations that are financed and operated in a manner similar to private business enterprises – where the intent of the governing body is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges. Excess Fund Balance: The excess of a fund’s current assets over its current liabilities and required reserve limits. Exempt: Personnel not eligible to receive overtime pay and who are expected to work whatever hours are necessary to complete their job assignments. Expenditures: Outflow or non-enterprise funds paid or to be paid for an asset obtained or goods and services obtained. Expenses: Outflow of enterprise funds paid or to be paid for an asset obtained or goods and services obtained. Fiscal Policy: The Town’s policies with respond to spending and debt management as they relate to government services, programs, and capital investments. Reflect a set off principals for the planning and programming of government budgets. Fiscal Year: A 12-month period to which the annual operating budget applies and at the end of which a government determines its financial position and the result of its operations. The Town of Westlake’s fiscal year begins each October 1st and ends the following September 30th. Fixed Assets: Assets of a long-term character, which are intended to continue to be held or used, such as land, buildings, improvements other than buildings, machinery, and equipment. Franchise Fee: A fee levied by the Town Council on businesses that use Town property or right-of- way. This fee is usually charged as a percentage of gross receipts. Full-Time Equivalent (FTE): The measure of authorized personnel often referred to as worker-years. The full time equivalent of 1 person (1 FTE) approximately represents 2080 hours of work per year. Fund: A fiscal and accounting entity with a self-balancing set of accounts recording cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations. Fund Accounting: A governmental accounting system that is organized and operated on a fund basis. Fund Balance: The excess of a fund's current assets over its current liabilities, sometimes called working 152 GGLLOOSSSSAARRYY OOFF TTEERRMMSS capital or fund equity. A negative fund balance is often referred to as a deficit. GAAP-Generally Accepted Accounting Principles: Uniform minimum standards and guidelines for financial accounting and reporting. They govern the form and content of the financial statements of an entity. GAAP encompass the conventions, rules and procedures necessary to define accepted accounting practice at a particular time. They include not only broad guidelines of general applications, but also detailed practices and procedures. GAAP provide a standard by which to measure financial presentations. GASB: Acronym for Government Accounting Standards Board, an independent, non-profit agency responsible for the promulgation of accounting and financial reporting procedures for governmental entities. GFOA: Government Finance Officers Association of the United States and Canada General Fund: The fund used to account for all financial resources except those required to be accounted for in another fund. The General Fund is tax supported. General Obligation Bonds: Bonds sold and guaranteed by the Town, in which the full faith and credit of the Town is pledged for repayment. Governmental Funds: The funds through which most governmental functions typically are financed. The acquisition, use, and financial resources and the related current liabilities are accounted for through governmental funds (General, Special Revenue, Capital Projects, and Debt Service Funds). Goal: Generalized statements of where an organization desires to be at some future time with regard to certain operating elements (e.g. financial condition, service levels provided, etc.) Grant: A contribution by a government or other organization to support a particular function. Typically, these contributions are made to local governments from state or federal governments. Infrastructure: Basic public investments such as streets, storm drainage, water and sewer lines, streetlights and sidewalks. Inter-fund transfer: The transfer of money from one fund to another. Investments: Securities and real estate held for the production of revenues in the form of interest, dividends, rentals, or lease payments. L.F. (Linear feet): Length in feet. Lift Station: The Town’s collection system relies on gravity to collect water. When the system gets to an unreasonable depth, a lift station pumps the water to a higher elevation so the gravity process can begin again. Line-item budget: A budget format in which departmental outlays are grouped according to the items that will be purchased. MGD: Million gallons per day. Maintenance: The upkeep of physical properties in condition for use or occupancy. Examples are the inspection of equipment to detect defects and the making of repairs. Modified Accrual Accounting: This method of accounting is a combination of cash and accrual accounting since expenditures are immediately incurred as a 153 GGLLOOSSSSAARRYY OOFF TTEERRMMSS liability while revenues are not recorded until they are actually received or are “Measurable” and “available for expenditure”. This type of accounting basis is conservative and is recommended as the standard for most government funds. Municipal: Of or pertaining to a Town or its government. Non-departmental: Accounts for expenditures or professional services and other general government functions, which cannot be allocated to individual departments. Non-exempt: Personnel eligible to receive overtime pay when overtime work has been authorized or requested by the supervisor. Object Code: The standard classification of the expenditures such as office supplies or rental of equipment. Objectives: Specific, measurable targets set in relation to goals. Operating Budget: Plan for current expenditures and the proposed means of financing them. The annual operating budget is the primary means by which most of the financing, acquisition, spending, and service delivery activities of the Town are controlled. The use of annual operating budgets is required by State law. Operating Expenditure: Expenditure on an existing item of property or equipment that is not a capital expenditure. Ordinance: An authoritative command or order. This term is used for laws adopted by a municipality. Performance Measures: Specific quantitative measures of work performed within an activity or program. They may also measure results obtained through an activity or program. Personnel Services: Expenditures for salaries, wages and related fringe benefits of Town employees. Prompt Payment Act: Adopted in July, 1985 by the State, the Act requires the Town to pay for goods and services within 30 days of receipt of invoice or the goods or services, whichever comes later. If this is not satisfied, the Town may be charged interest on the unpaid balance at the rate of 1% per month. Property Tax Reduction Sales Tax (PTR): ½ cent sales tax approved by the Town of Westlake voters in May, 2006. Texas law allowed the Town to collect the new ½ cent sales tax that does not share the restrictive spending limitations on revenues designated to the 4A Economic Development Fund ½ cent sales tax. 4A sales tax was dissolved and replaced with this sales tax. Proposed Budget: The financial plan initially developed by departments and presented by the Town Manger to the Town Council for approval. Proprietary Funds: Operation that operates like a private operation, in which services are financed through user charges and expenditures include the full cost of operations. Public Hearing: An open meeting regarding proposed operating or capital budget allocations, which provide citizens with an opportunity to voice their views on the merits of the proposals. PVC: Acronym for polyvinyl chloride, a plastic compound used for water and sewer pipes. Reserve: An account used to indicate that a portion of fund resources is restricted for a specific 154 GGLLOOSSSSAARRYY OOFF TTEERRMMSS purpose, or is not available for appropriation and subsequent spending. Resolution: A formal statement of opinion or determination adopted by an assembly or other formal group. Resources: Total dollars available for appropriations, including estimated revenues, fund transfers, and beginning fund balances. Retained Earnings: The excess of total assets over total liabilities for an enterprise fund. Retained earnings include both short-term and long-term assets and liabilities for an enterprise fund. Revenues: Funds that the government receives as income. It includes such items a tax payment, fees from specific services, receipts from other governments, fines for forfeitures, grants, shared revenues and interest income. ROW: Acronym for right-of- way. Sales Tax: A general “sales tax” is levied on persons and businesses selling merchandise or services in the town limits on a retail basis. The categories for taxation are defined by state law. Monies collected under authorization of this tax are for the use and benefit of the town. SCADA: Acronym that stands for Supervisory Control and Data Acquisition. SCADA refers to a system that collects data from various sensors at a remote location and then sends this data to a central computer which then manages and controls the data. Special Revenue Fund: A fund used to account for the proceeds of specific revenue sources that are legally restricted to expenditure for specified purposes. Supplies: A cost category for minor items (individually priced at less than $5,000) required by departments to conduct their operations. TMRS: Acronym for the Texas Municipal Retirement System, a pension plan for employees of member cities within the State of Texas. TRA: Trinity River Authority – A separate governmental entity responsible for providing water and wastewater services in the Trinity River basin. The Town contracts with TRA for treatment of wastewater. TXDOT: Texas Department of Transportation Transfer-In: Funds expended in one fund and received in other. User Charges: The payment of a fee for direct receipt of a public service by the party benefiting from the service. Working Capital: Budgeted working capital is calculated as a fund’s current assets less current liabilities and outstanding encumbrances. Working capital does not include long-term assets or liabilities. For budgetary purposes, working capital, rather than retained earnings, is generally used to reflect the available resources of enterprise funds. 155 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES MUNICIPAL OPERATIONS I. STATEMENT OF PURPOSE The overall intent of the following Fiscal and Budgetary Policy Statements is to enable the Town to achieve a long-term stable and positive financial condition. The watchwords of the Town’s financial management include integrity, prudence, stewardship, planning, accountability, and full disclosure. The more specific purpose is to provide guidelines to the Town Manager and Finance Director in planning and directing the Town’s day-to-day financial affairs and in developing recommendations to the Town Manger and Town Council. The scope of these policies generally span, among other issues, accounting, purchasing, auditing, financial reporting, internal controls, operating and capital budgeting, revenue management, cash and investment management, expenditure control, asset management, debt management, and planning concepts, in order to: A. Present fairly and with full disclosure the financial position and results of the financial operations of the Town in conformity with generally accepted accounting principles (GAAP), and B. Determine and demonstrate compliance with finance related legal and contractual issues in accordance with provisions of the Texas Local Government Code and other pertinent legal documents and mandates. The Town Council will annually review and approve the Fiscal and Budgetary Policy Statements as part of the budget process. II. SUMMARY OF POLICY INTENDED OUTCOMES This policy framework mandates pursuit of the following fiscal objectives: A. Operating Budget: Prepare, conservatively estimate revenues, present, and adopt the Town’s annual operating plan. B. Revenues Management: Design, maintain, and administer a revenue system that will assure a reliable, equitable, diversified, and sufficient revenue stream to support desired Town services. C. Expenditure Control: Identify priority services, establish appropriate service levels, and administer the expenditure of available resources to assure fiscal stability and the effective and efficient delivery of services. D. Fund Balance/Retained Earnings: Maintain the fund balance and retained earnings of the various operating funds at levels sufficient to protect the Town’s credit worthiness as well as its financial position from emergencies. E. Debt Management: Establish guidelines for debt financing that will provide needed capital equipment and infrastructure improvements while minimizing the impact of debt payments on current revenues. 156 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES F. Intergovernmental Relationships: Where feasible, coordinate efforts with other governmental agencies to achieve common policy objectives, share the cost of providing governmental services on an equitable basis and support favorable legislation at the State and Federal level. G. Grants: Seek, apply for and effectively administer within this policy’s guidelines, Federal, State, and foundation grants-in-aid which address the Town’s current priorities and policy objectives. H. Economic Development: Initiate where feasible, encourage, and participate in economic development efforts to create job opportunities and strengthen the local tax base and economy I. Fiscal Monitoring: Prepare and present regular reports that analyze, evaluate, and forecast the Town’s financial performance and economic condition. J. Financial Consultants: With available resources, seek out and employ the assistance of qualified financial advisors and consultants in the management and administration of the Town’s financial functions. K. Accounting, Auditing, and Financial Reporting: Comply with prevailing Federal, State and local statues and regulations. Conform to generally accepted accounting principles as promulgated by the Government Accounting Standards Board (GASB), the American Institute of Certified Public Accountants (AICPA), and the Government Finance Officers Association (GFOA). L. Capital Improvement Plan/Budget and Program: Multi-year planning, forecasting, preparation, and control of the Town’s capital improvement plan/budget. M. Capital Maintenance and Replacement: Annually review and monitor the state of the Town’s capital equipment and infrastructure, setting priorities for its replacement and renovation based on needs, finding alternatives, and availability of resources. N. Internal Controls: To establish and maintain an internal control structure designed to provide reasonable assurances that the Town’s assets are safeguarded and that the possibilities for material errors in the Town’s financial records are minimized. III. OPERATING BUDGET A. Preparation - Budgeting is an essential element of the financial planning, control and evaluation process of municipal government. The “operating budget” is the Town’s annual financial operating plan. The budget includes all of the operating departments of the Town, the debt service fund, all capital projects funds, and the internal service funds of the Town. The proposed budget will be prepared with the cooperation of all Town departments, and is submitted to the Town Manager who makes any necessary changes and transmits the document to the Town Council. A budget preparation calendar and timetable will be established and followed in accordance with State law. 157 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES B. Revenue Estimates for Budgeting - In order to maintain a stable level of services, the Town shall use a conservative, objective, and analytical approach when preparing revenue estimates. The process shall include analysis of probable economic changes and their impacts on revenues, historical collection rates, and trends in revenues. This approach should reduce the likelihood of actual revenues falling short of budget estimates during the year and should avoid mid-year service reductions. C. Balanced Budget - As per State Law, current operating revenues, including Property Tax Reduction Sales Tax transfers (which can be used for operations), will be sufficient to support current operating expenditures. Annually recurring revenue will not be less than annually recurring operating budget expenditures (operating budget minus capital outlay). Debt or bond financing will not be used to finance current expenditures. D. Proposed Budget Process - a proposed budget shall be prepared by the Town Manager with the participation of all of the Town’s department directors. • The proposed budget shall include four basic segments for review and evaluation: (1) personnel costs, (2) base budget for operations and maintenance costs, (3) service level adjustments for increases of existing service levels or additional services, and (4) revenues. • The proposed budget review process shall include Council participation in the review of each of the four segments of the proposed budget and a public hearing to allow for citizen participation in the budget preparation. • The proposed budget process shall allow sufficient time to provide review, as well as address policy and fiscal issues, by the Town Council. • A copy of the proposed budget shall be filed with the Town Secretary when it is submitted to the Town Council as well as placed on the Town’s website. E. Budget Adoption - Upon the determination and presentation of the final iteration of the proposed budget as established by the Council, a public hearing date and time will be set and publicized. The Council will subsequently consider a resolution which, if adopted, such budget becomes the Town’s Approved Annual Budget. The adopted budget will be effective for the fiscal year beginning October 1. The approved budget will be placed on the Town’s web site. F. Budget Award - Each year the Council approved operating budget will be submitted annually to the Government Finance Officers Association (GFOA) for evaluation and consideration for the Award for Distinguished Budget Presentation. G. Budget Amendments - Department Directors are responsible for monitoring their respective department budgets. The Finance Department will monitor all financial operations. The budget team will decide whether to proceed with a budget amendment and, if so, will then present the request to the Town Council. If the Council decides a budget amendment is necessary, the amendment is adopted in resolution format and the necessary budgetary changes are then made. H. Central Control - Modifications within the operating categories (salaries, supplies, maintenance, services, capital, etc.) can be made with the approval of the Town Manager. Modifications to reserve categories and interdepartmental budget totals will be made only by Town Council consent with formal briefing and Council action. 158 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES I. Planning - The budget process will be coordinated so as to identify major policy issues for Town Council by integrating it into the Council’s overall strategic planning process for the Town. Each department shall have a multi-year business plan that integrates with the Town’s overall strategic plan. J. Reporting - Monthly financial reports will be prepared by the Finance Department and distributed to and reviewed by each Director. Information obtained from financial reports and other operating reports is to be used by Directors to monitor and control departmental budget. Summary financial reports will be presented to the Town Council quarterly. K. Performance Measures & Productivity Indicators - Where appropriate, performance measures and productivity indicators will be used as guidelines to measure efficiency, effectiveness, and outcomes of Town services. This information will be included in the annual budget process as needed. L. Contingent Appropriation - During the budget process, staff will attempt to establish an adequate contingent appropriation in each of the operating funds. The expenditure for this appropriation shall be made only in cases of emergency, and a detailed account shall be recorded and reported. The proceeds shall be disbursed only by transfer to departmental appropriation. All transfers from the contingent appropriation will be evaluated using the following criteria: • Is the request of such an emergency nature that it must be made immediately? • Why was the item not budgeted in the normal budget process? • Why can’t the transfer be made within the department? IV. REVENUES MANAGEMENT A. REVENUE DESIGN PARAMETER. The Town will pursue the following optimum characteristics in its revenue system: • Simplicity - The Town, where possible and without sacrificing accuracy, will strive to keep the revenue system simple in order to reduce costs, achieve transparency, and increase citizen understanding of Town revenue sources. • Certainty - A knowledge and understanding of revenue sources reliability increases the viability of the revenue system. The Town will understand, to the best of its ability, all aspects of its revenue sources and their performance, as well as enact consistent collection policies to provide assurances that the revenue base will materialize according to budgets, forecasts, and plans. • Equity - The Town shall make every effort to maintain equity in its revenue system: i.e. the Town shall seek to minimize or eliminate all forms of subsidization between entities, funds, services utilities, and customer classes within a utility. • Administration - The benefits of a revenue source will not exceed the cost of collecting that revenue. Every effort will be made for the cost of collection to be reviewed annually for cost effectiveness as a part of the Town’s indirect cost and cost of service analysis. • Adequacy, Diversification and Stability - The Town shall attempt, in as much as is practical, to achieve a balance in its revenue system. The Town shall also strive to maintain a balanced and diversified revenue system to protect the Town from fluctuations in any one source due to changes in local economic conditions which 159 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES adversely impact that revenue source. B. OTHER CONSIDERATIONS. The following considerations and issues will guide the Town in its revenue policies concerning specific sources of funds: • Cost/Benefit of Incentives for Economic Development - The Town will use due caution in the analysis of any tax or fee incentives that are being considered to encourage economic development. A cost/benefit (fiscal impact) analysis will be performed as a part of the evaluation for each proposed economic development project. • Non-Recurring Revenues - One-time or non-recurring revenues will not be used to finance on-going operational costs. Non-recurring revenues will be used only for one- time expenditures such as long-lived capital needs or one-time major maintenance projects that occur infrequently. Non-recurring revenues will not be used for budget balancing purposes except to cover the one-time expenditures described above. • Investment Income - Earnings from investment of available monies, whether pooled or not, will be distributed to the funds in accordance with the equity balance of the fund from which monies were provided to be invested. • Property Tax Revenues - The Town shall endeavor to avoid a property tax by revenue diversification, implementation of user fees, and economic development. C. USER-BASED (DEMAND DRIVEN) FEES AND SERVICE CHARGES. For services that are demand driven and can be associated with a user fee or charge, the direct and indirect costs of that service will be offset by a fee where possible. The Town staff will endeavor to prepare a review of all fees and charges annually, but not less than once every three years, in order to ensure that these fees provide for, at minimum, full cost recovery of service. D. ENTERPRISE FUND RATES. Utility rates and rate structures for water and sewer services will be constructed to target full cost of service recovery. Annually the Town will review and adopt water and sewer utility rates and a rate structure that generates revenue sufficient to fully cover operating expenses, meet the legal restrictions of all applicable bond covenants, provide for an adequate level of working capital, and recover applicable general/administrative costs. The Solid Waste function will have rates that fully recover all costs and maintain an adequate balance. The Cemetery Fund will be structured to operate on lot sales and endowments. • General and Administrative (G&A) Charges – Where feasible, G&A costs will be charged to all funds for services of indirect general overhead costs, which may include general administration, finance, customer billing, facility use, personnel, technology, engineering, legal counsel, and other costs as deemed appropriate. These charges will be determined through an indirect cost allocation study following accepted practices and procedures. E. INTERGOVERNMENTAL REVENUES. As a general rule, intergovernmental revenues (grants) will not be utilized for on-going operating costs. Any potential grant opportunity will be examined to identify all costs related to matching and continuation of program requirements. Staff will focus on one-time grants to avoid long-term implications. If it is determined that accepting a grant with on-going cost conditions is in the interests of the Town, all the operating and maintenance costs must be included in the financial forecast and their ultimate effect on operations and revenue requirements be known. 160 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES F. REVENUE MONITORING. Revenues as they are received will be regularly compared to budgeted revenues and variances will be investigated. This process will be summarized in the appropriate budget report. G. SPECIAL REVENUE / EDUCATIONAL FUNDS. Where feasible and practical, General and Administrative Charges (G&A) for special revenue and educational funds of the Town of Westlake will be determined on an annual basis and transfers will be made where sufficient revenue exists to cover the associated expenditures. V. EXPENDITURE CONTROL A. Appropriations – The point of budgetary control is at the department level in the General Fund and at the fund level in all other funds. When budget adjustments among Departments and/or funds are necessary, they must be approved by the Town Council. B. Current Funding Basis - The Town shall operate on a current funding basis. Expenditures shall be budgeted and controlled so as not to exceed current revenues plus the planned use of fund balance accumulated through prior year savings. (The use of fund balance shall be guided by the Fund Balance/Retained Earnings Policy Statements.) C. Avoidance of Operating Deficits - The Town shall take immediate corrective actions if at any time during the fiscal year expenditure and revenue re-estimates are such that an operating deficit (i.e., projected expenditures in excess of projected revenues) is projected at year-end. Corrective actions can include a hiring freeze, expenditure reductions, fee increases, or use of fund balance within the Fund. D. Balance/Retained Earnings Policy- Expenditure deferrals into the following fiscal year, short- term loans, or use of one-time revenue sources shall be avoided to balance the budget. E. Maintenance of Capital Assets - Within the resources available each fiscal year, the Town shall maintain capital assets and infrastructure at a sufficient level to protect the Town's investment, to minimize future replacement and maintenance costs, and to continue service levels. F. Periodic Program Reviews - The Town Manager shall undertake periodic staff and third- party reviews of Town programs for both efficiency and effectiveness. Privatization and contracting with other governmental agencies will be evaluated as alternative approaches to service delivery. Programs which are determined to be inefficient and/or ineffective shall be reduced in scope or eliminated. G. Salary - The Town shall strive to maintain competitive salary levels for municipal employees. A salary survey will be conducted through a sampling of surrounding and comparable municipal organizations to create a comparison. The Town will strive to maintain salary levels within three percent (3%) of the median of surveyed benchmark municipalities. 161 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES H. Purchasing - The Town shall make every effort to maximize any discounts offered by creditors/vendors. Staff shall also use competitive bidding in accordance to State law, as well as intergovernmental partnerships and purchasing cooperatives to attain the best possible price on goods and services. I. Prompt Payment - All invoices will be paid within 30 days of receipt in accordance with the prompt payment requirements of State law. VI. FUND BALANCE/RETAINED EARNINGS A. General Fund Undesignated Fund Balance - The Town shall strive to maintain the General Fund undesignated fund balance at, or in excess of, 90 days of operation. B. Retained Earnings of Other Operating Funds - In the Utility Fund, the Town shall strive to maintain positive retained earnings positions to provide sufficient reserves for emergencies and revenue shortfalls. C Use of Fund Balance - Fund Balance will be targeted to only be used with Council approval and can be only be used for the following: emergencies, non-recurring expenditures, such as technology/FF&E (furniture, fixtures and equipment), or major capital purchases that cannot be accommodated through current year savings. Should such use reduce the balance below the appropriate level set as the objective for that fund, recommendations will be made on how to restore it. The Council shall approve all commitments by formal action. The action to commit funds must occur prior to fiscal year- end, to report such commitments in the balance sheet of the respective period, even though the amount may be determined subsequent to fiscal year-end. A commitment can only be modified or removed by the same formal action. The Council delegates the responsibility to assign funds to the Town Manager or his/her designee. The Council shall have the authority to assign any amount of funds. Assignments may occur subsequent to fiscal year-end. The Council will utilize funds in the following spending order: Restricted, Committed, Assigned, Unassigned VII. DEBT MANAGEMENT A. Debt Issuance Analysis - All consideration of debt issuance for major capital assets will be prepared within the framework of a Council approved multi-year capital improvement plan and forecast for all Town facilities and infrastructure. B. Analysis of Debt Issuance and Debt Issuance Alternatives - Staff will explore alternatives to the issuance of debt for capital acquisitions and construction projects. These alternatives will include, but not be limited to, (1) grants- in- aid, (2) use of reserves, (3) use of either current on-going general revenues or one-time revenues, (4) contributions from developers and others, (5) leases, (6) user fees, and (7) impact fees. C. Use of Debt Financing - The useful life of the asset or project shall, at a minimum, exceed the payout schedule of any debt the Town assumes. Debt financing instruments to be considered by the Town may include: 162 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES • General obligation bonds - These must be authorized by a vote of the citizens of Westlake. • Revenue bonds - These bonds generate capital requirements necessary for continuation or expansion of a service which produces revenue and for which the asset may reasonable be expected to provide for a revenue stream to fund the debt service requirement. • Certificates of obligation - These can be authorized by Council approval with debt service by either general revenues or backed by a specific revenue stream or a combination of both. • Lease/purchase agreements - These shall only be used to purchase capital assets that cannot be financed from either current revenues or fund balance/retained earnings and to fund infrastructure improvements and additions. D. Assumption of Additional Debt - The Town shall not assume more tax-supported general purpose debt than it retires each year without first conducting an objective analysis as to the community's ability to assume and support additional debt service payments. E. Affordability Targets - The Town shall use an objective multi-year analytical approach to determine whether it can afford to assume new general purpose debt beyond what it retires each year. This process shall compare generally accepted standards of affordability to the current values for the Town. The process shall also examine the direct costs and benefits of the proposed expenditures. The decision on whether or not to assume new debt shall be based on these costs and benefits and on the Town's ability to "afford” new debt as determined by the aforementioned standards. The Town shall strive to achieve and/or maintain these standards at a low to moderate classification. F. Debt Structure - The Town shall structure its debt payment schedules for general purpose debt to ensure level principal repayment schedules. The Town shall not assume any debt with "balloon' repayment schedules which consist of low annual payments and one large payment of the balance due at the end of the term. While balloon payment structures minimize the size of debt payments during the period, they force a large funding requirement on the budget of the final year. Given the uncertainties of the future, level payment schedules improve budget planning and financial management. G. Sale Process - The Town shall use a competitive bidding process in the sale of debt unless the nature of the issue warrants a negotiated bid. The Town shall award bonds based on a true interest cost (TIC) basis as long as the financial advisor agrees that the TIC basis can satisfactorily determine the lowest and best bid. H. Bond Rating Agencies Presentations - Full disclosure of operations and open lines of communication shall be made to the bond rating agencies. Town staff, with assistance of financial advisors, shall prepare the necessary materials and presentation to the bond rating agencies. I. Continuing Disclosure - The Town is committed to continuing disclosure of financial and pertinent credit information relevant to the Town's outstanding securities. 163 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES J. Debt Refunding - Town staff and the financial advisor shall monitor the municipal bond market for opportunities to obtain interest savings by refunding outstanding debt. As a general rule, the present value savings of a particular refunding should exceed 3.5% of the refunded maturities. VIII. INTERGOVERNMENTAL RELATIONSHIPS The Town will pursue coordinated efforts with other governmental agencies to achieve common policy objectives, share the cost of providing government services on an equitable basis, and support favorable legislation at the State and Federal levels. A. Inter-local Cooperation in Delivering Services - In order to promote the effective and efficient delivery of services, the Town shall actively seek to work with other local jurisdictions in joint purchasing consortia, sharing facilities, sharing equitably the costs of service delivery, and developing joint programs to improve service to its citizens. B. Legislative Program - The Town shall cooperate with other jurisdictions to actively oppose any State or Federal regulation or proposal that mandates additional Town programs or services and does not provide the funding to implement them. Conversely, as appropriate, the Town shall support legislative initiatives that provide more funds for priority local programs. IX. GRANTS A. Grant Guidelines - The Town shall apply, and facilitate the application by others, for only those grants that are consistent with the objectives and high priority needs previously identified above in these policies. The potential for incurring on-going costs, to include the assumption of support for grant funded positions from local revenues, will be considered prior to applying for a grant. B. Grant Review - All grant submittals shall be reviewed for their cash match requirements, their potential impact on the operating budget, and the extent to which they meet the Town's policy objectives. If there are cash match requirements, the source of funding shall be identified prior to application. Staff will focus on one-time grants to avoid long-term implications related to additional expenditures in future years. C. Grant Program Termination - The Town shall terminate grant funded programs and associated positions when grant funds are no longer available unless alternate funding is identified. X. ECONOMIC DEVELOPMENT A. Positive Business Environment - The Town shall endeavor, through its regulatory and administrative functions, to provide a positive business environment in which local businesses can grow, flourish and create jobs. The Town Council and Town staff will be sensitive to the needs, concerns and issues facing local businesses. 164 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES B. Commitment to Business Expansion, Diversification, and Job Creation - The Town shall encourage and participate in economic development efforts to expand Westlake's economy to increase local employment. These efforts shall not only focus on newly developing areas but also on other established sections of Westlake where development can generate additional jobs and other economic benefits. C. Coordinate Efforts with Other Jurisdictions - The Town's economic development program shall encourage close cooperation with other local jurisdictions, chambers of commerce, and groups Interested in promoting the economic well-being of this area. D. Cost/Benefit of Incentives for Economic Development - The Town will use due caution in the analysis of any tax or fee incentives that are used to encourage economic development. A cost/benefit (fiscal impact) analysis will be performed as part of such evaluation for each prospect. Economic development agreements will contain performance language as to the business’s proposed economic impact to Westlake in exchange for Town incentives with adequate “claw-back” provisions for the Town. XI. FISCAL MONITORING A. Financial Status and Performance Reports - Quarterly reports comparing expenditures and revenues to current budget, projecting expenditures and revenues through the end of the year, noting the status of fund balances to include dollar amounts and percentages, and outlining any remedial actions necessary to maintain the Town's financial position shall be prepared for review by the Town Manager and the Council. B. Compliance with Council Policy Statements - The Fiscal and Budgetary Policies will be reviewed annually by the Council and updated, revised or refined as deemed necessary. Policy statements adopted by the Council are guidelines, and occasionally, exceptions may be appropriate and required. However, exceptions to stated policies will be specifically identified, and the need for the exception will be documented and fully explained. XII. FINANCIAL CONSULTANTS To employ the assistance of qualified financial advisors and consultants as needed in the management and administration of the Town's financial functions. These areas include but are not limited to investments, debt administration, financial accounting systems, program evaluation, and financial impact modeling. Advisors shall be selected on a competitive basis using objective questionnaires and requests for proposals based on the scope of the work to be performed. XIII. ACCOUNTING, AUDITING, AND FINANCIAL REPORTING To comply with prevailing local, state, and federal regulations relative to accounting, auditing, and financial reporting. Accounting practices and financial reporting shall conform to generally accepted accounting principles as promulgated by the Governmental Accounting Standards Board (GASB), the American Institute of Certified Public Accountants, (AICPA), and 165 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES the Government Finance Officers Association (GFOA). The Board shall select an independent firm of certified public accountants to perform an annual audit of all operations A. Accounting – The Town is solely responsible for the recording and reporting of its financial affairs, both internally and externally. The Town’s Finance Director is responsible for establishing the structure for the Town’s chart of accounts and for assuring that procedures are in place to properly record financial transactions and report the Town’s financial position. B. External Auditing - Town will be audited annually by outside independent accountants (auditors). The auditors must be a CPA firm and must demonstrate significant experience in the field of local government auditing. They must conduct the town’s audit in accordance with generally accepted auditing standards and be knowledgeable in the Government Finance Officers Association Certificate of Achievement program. The auditors’ report on Town’s financial statements will be completed within a timely period of the Town’s fiscal year-end. The auditor will jointly review the management letter with the Town Council, if necessary. In conjunction with this review, the Finance Director shall respond in writing to the Town Council regarding the auditor’s Management Letter, addressing the issued contained therein. The Town will not require auditor rotation, but will circulate request for proposal for audit services on a periodic basis as deemed appropriate. C. External Financial Reporting - Town will prepare and publish a comprehensive annual financial report (CAFR). The CAFR will be prepared in accordance with generally accepted accounting principles and will be presented annually to the Government Finance Officers Association (GFOA) for evaluation and awarding of the Certificate of Achievement for Excellence in Financial Reporting. D. Responsibility of Auditor to Town Council – The auditor is retained by and it accountable directly to the Town Council and will have access to direct communication with the Town Council if the Town Staff is unresponsive to auditor recommendations or if the auditor considers such communication necessary to fulfill its legal and professional responsibilities. E. Internal Financial Reporting - The Finance Department will prepare internal financial reports sufficient for management to plan, monitor, and control Town’s financial affairs. XIV. CAPITAL BUDGET AND PROGRAM A. Preparation - The Town’s capital budget will include all capital projects funds and all capital resources. While the capital budget will be prepared annually on a project basis, it will be based on an on-going, multi-year capital improvement plan (CIP) that shows all funded and unfunded projects as identified by staff for all Town facilities and infrastructure. The multi-year CIP will be reviewed annually, updated by staff and presented to the Council for its review and approval. The annual capital budget will be prepared by the Finance Department with the involvement of responsible departments based on the multi- year CIP. B. Control - All capital project expenditures must be appropriated in the capital budget. The Finance Director must certify the availability of resources before any capital project contract is presented to the Town Council for approval. 166 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES C. Program Planning - The capital budget will be taken from the capital improvements project plan for future years. The planning time frame for the capital improvements project plan should normally be five years, with a minimum of at least three years. The replacement and maintenance for capital items should also be projected for the next five years. Future maintenance and operational costs will be considered so that these costs can be included as appropriate in the annual budget. D. Financing Programs - Where applicable and with Council approval, impact fees, pro-rata charges, assessments, or other fees should be used to fund capital projects which have a primary benefit to specific, identifiable property owners. • Recognizing that long-term debt is usually a more expensive financing method, alternative financing sources will be explored before debt is issued. When debt is issued, it will be used to acquire major assets with expected lives which equal or exceed the average life of the debt issue. E. Reporting - Periodic financial reports will be prepared to enable the department directors to manage their capital budgets. Summary capital project status reports will be presented to the Town Council quarterly. XV. CAPITAL MAINTENANCE AND REPLACEMENT The Town recognizes that deferred maintenance and not anticipating capital replacement needs increases future capital costs. Annually, available funds will be evaluated during the budget process and a percentage of each operating fund’s budget will be recommended to the Council for transfer. Upon approval by the Council, the recommended amount will be transferred to the appropriate funds (General or Utility Maintenance Replacement Fund) for major maintenance/ replacement of street, building roof, flooring, air conditioning, equipment, etc. XVI. INTERNAL CONTROLS A. Written Procedures - Whenever possible, written procedures will be established and maintained by the Finance Director for all functions involving purchasing, cash handling and/or accounting throughout the Town. These procedures will embrace the general concepts of fiscal responsibility set for in this policy statement. B. Department Directors’ Responsibilities - Each department director is responsible for ensuring that good internal controls are followed throughout his/her department, that all directives or internal controls are implemented, and that all independent auditor internal control recommendations are addressed. Departments will develop and periodically update written internal control procedures. XVII. ASSET MANAGEMENT A. Investments – The Finance Director shall promptly invest all Town funds with the depository bank in accordance with the provisions of the current Bank Depository Agreement or in any negotiable instrument authorized by the Town Council. Further, investments shall be 167 TOWN OF WESTLAKE FISCAL AND BUDGETARY POLICIES made in accordance with the Investment Policy approved by the Town Council for the Town of Westlake that meets the requirements of the Public Funds Investment Act (PFIA), Section 2256 of the Texas Local Government Code. The Finance Director will issue quarterly reports on investment activity to the Town Council. B. Cash Management - Town’s cash flow will be managed to maximize the cash available to invest. Such cash management will entail the centralization of cash collections, where feasibility, including utility bills, building and related permits and license, fines, fees, and other collection offices as appropriate. Periodic review of cash flow position will be performed to determine performance of cash management and conformance to investment policies. The underlying theme will be that idle cash will be invested with the intent to (1) safeguard assets, (2) maintain liquidity, and (3) maximize return. C. Fixed Assets and Inventory - Such assets will be reasonably safeguarded and properly accounted for and prudently insured. The fixed asset inventory will be updated regularly. D. Capitalization Criteria – For purposes of budgeting and accounting classification, the following criteria must be capitalized: • The asset is owned by the Town of Westlake • The expected useful life of the asset must be longer than one year, or extend the life on an identifiable existing asset by more than one year • The original cost of the asset must be at least $5,000 • The asset must be tangible • On-going repairs and general maintenance are not capitalized • New Purchases – All costs associated with bringing the asset into working order will be capitalized as part of the asset cost. This includes start up costs, engineering or consultant type fees as part of the asset cost once the decision or commitment to purchase the asset is made. The cost of land acquired should include all related costs associated with its purchase • Improvements and Replacement – Improvement will be capitalized when they extend the original life of an asset or when they make the asset more valuable than it was originally. The replacement of assets components will normally be expenses unless they are a significant nature and meet all the capitalization criteria. E. Computer System/Data Security – The Town shall provide security of its computer/network system and data files through physical and logical security systems that will include, but are not limited to: network user authentications, firewalls, content filtering, spam/virus protection, and redundant data backup. 168 IINNVVEESSTTMMEENNTT PPOOLLIICCYY I. POLICY STATEMENT It is the policy of the Town of Westlake (the “Town") that the administration of its funds and the investment of those funds shall be handled as its highest public trust. Investments shall be made in a manner which will provide the maximum security of principal invested through limitations and diversification while meeting the daily cash flow needs of the Town and conforming to all applicable state and Town statutes governing the investment of public funds. The receipt of a market rate of return will be secondary to the requirements for safety and liquidity. It is the intent of the Town to be in complete compliance with local law and the Texas Public Funds Investment Act (the "Act", Texas Government Code 2256). The earnings from investments will be used in a manner that best serves the public trust and interests of the Town. II. SCOPE This Investment Policy applies to all the financial assets and funds held of the Town. Any new funds created by the Town will be managed under the provisions of this Policy unless specifically exempted by the Town Council and this Policy. III. OBJECTIVES AND STRATEGY It is the policy of the Town that all funds shall be managed and invested with four primary objectives, listed in order of their priority: safety, liquidity, diversification and yield. These objectives encompass the following. • Safety of Principal - Safety of principal is the foremost objective of the Town. Investments shall be undertaken in a manner that seeks to insure the preservation of capital in the overall portfolio. The suitability of each investment decision will be made on the basis of safety. •• Liquidity - TThhee TToowwnn''ss iinnvveessttmmeenntt ppoorrttffoolliioo wwiillll rreemmaaiinn ssuuffffiicciieennttllyy lliiqquuiidd ttoo eennaabbllee iitt ttoo mmeeeett aallll ooppeerraattiinngg rreeqquuiirreemmeennttss wwhhiicchh mmiigghhtt bbee rreeaassoonnaabbllyy aannttiicciippaatteedd.. IInnvveessttmmeenntt ddeecciissiioonnss wwiillll bbee bbaasseedd oonn ccaasshh ffllooww aannaallyyssiiss ooff aannttiicciippaatteedd eexxppeennddiittuurreess.. • Diversification - Diversification is required in the portfolio's composition. Diversification of the portfolio will include diversification by maturity and market sector and will include the use of a number of broker/dealers or banks for diversification and market coverage. Competitive bidding will be used on each sale or purchase. • Yield - The Town's investment portfolio shall be designed with the objective of attaining a reasonable market yield, taking into account the Town's risk constraints and cash flow needs. A reasonable market yield for the portfolio will be defined as the six month (180 day) U.S. Treasury Bill which compares to the portfolio's maximum weighted average maturity of six months. The authorized investment purchased will be of the highest credit quality and marketability supporting the objectives of safety and liquidity. Securities, when not matched to a specific liability, will be short term to provide adequate liquidity. The portfolio shall be diversified to protect against market and credit risk in any one sector. 169 IINNVVEESSTTMMEENNTT PPOOLLIICCYY The maximum weighted average maturity of the portfolio will be no more that 180 days and the maximum stated maturity of any security will not exceed two years. The funds are combined for investment purposes but the unique needs of all the funds in the portfolio are recognized and represented. Effective cash management is recognized as essential to good fiscal management. Cash management is defined as the process of managing monies in order to ensure maximum cash availability. The Town shall maintain a cash management program which includes timely collection of accounts receivable, prudent investment, disbursement of payments within invoice terms and the management of banking services. IV. LEGAL LIMITATIONS, RESPONSIBILITIES AND AUTHORITY Specific investment parameters for the investment of public funds in Texas are stipulated in the Public Funds Investment Act, Chapter 2256, Texas Government Code, (the "Act"). The Act is attached as Exhibit A. The Public Funds Collateral Act, Chapter 2257, Texas Government Code, specifies collateral requirements for all public funds deposits. The Collateral Act is attached as Exhibit B. The Interlocal Cooperation Act, Chapter 791, Texas Government Code, authorizes local governments in Texas to participate in a Texas investment pool established thereunder. V. DELEGATION OF INVESTMENT AUTHORITY The Finance Director, acting on behalf of the Council, is designated as the Investment Officer of the Town and is responsible for all investment management decisions and activities. The Council is responsible for considering the quality and capability of staff, investment advisors, and consultants involved in investment management and procedures. All participants in the investment process shall seek to act responsibly as custodians of the public trust. The Investment Officer shall develop and maintain written administrative procedures for the operation of the investment program which are consistent with this Investment Policy. Procedures will include safekeeping, wire transfers, banking services contracts, and other investment related activities. The Investment Officer shall be responsible for all transactions undertaken and shall establish a system of controls to regulate the activities of subordinate officials and staff. The Investment Officer shall designate a staff person as a liaison/deputy in the event circumstances require timely action and the Investment Officer is not available. No officer or designee may engage in an investment transaction except as provided under the terms of this Policy and the procedures established by the Investment Officer and approved by the Town Manager. VI. PRUDENCE The standard of prudence to be used in the investment function shall be the "prudent person" standard and shall be applied in the context of managing the overall portfolio. 170 IINNVVEESSTTMMEENNTT PPOOLLIICCYY This standard states: "Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the expected income to be derived." Limitation of Personal Liability - The Investment Officer and those delegated investment authority, when acting in accordance with the written procedures and this Policy and in accord with the Prudent Person Rule, shall be relieved of personal liability in the management of the portfolio provided that deviations from expectations for a specific security's credit risk or market price change are reported in a timely manner and that appropriate action is taken to control adverse market effects. VII. INTERNAL CONTROLS The Investment Officer shall establish a system of written internal controls which will be reviewed annually with the independent auditor of the Town. The controls shall be designed to prevent loss of public funds due to fraud, employee error, and misrepresentation by third parties, or imprudent actions by employees of the Town. VIII. AUTHORIZED INVESTMENTS Acceptable investments under this policy shall be limited to the instruments listed below. The choice of high-grade government investments and high-grade, money market instruments are designed to assure the marketability of those investments should liquidity needs arise. • Obligations of the United States Government, its agencies and instrumentalities, not to exceed two (2) years to stated maturity and excluding mortgage backed securities; • Fully insured or collateralized certificates of deposit from a bank doing business in the State of Texas and under the terms of a written depository agreement with that bank, not to exceed one year to stated maturity; • No-load, SEC registered money market mutual funds. No more than 80% of the entity's monthly average balance may be invested in money market funds • Public Funds interest bearing accounts; and • Constant dollar, AAA-rated Texas Local Government Investment Pools as defined by the Public Funds Investment Act. If additional types of securities are approved for investment by public funds by state statute, they will not be eligible for investment until this Policy has been amended and the amended version adopted by the Council. Delivery versus Payment - All investment security transactions shall be conducted on a delivery versus payment (DVP) basis to assure that the Town has control of its assets and/or funds at all times. 171 IINNVVEESSTTMMEENNTT PPOOLLIICCYY IX. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS Securities broker/dealers may be primary or regional broker/dealers and will meet other criteria as determined by the Investment Officer including state registration and completion of a Town Broker/Dealer questionnaire (attached as Exhibit D). The following criteria must be met by authorized firms. • annual provision of an audited financial statement, • proof of certification by the National Association of Securities Dealers (NASD) • proof of current registration with the Texas State Securities Commission, and • completion of the Town's broker/dealer questionnaire. Every bank and broker/dealer with whom the Town transacts business will be provided a copy of this Investment Policy to assure that they are familiar with the goals and objectives of the investment program. The firm will be required to return a signed copy of the Certification Form (attached as Exhibit C) certifying that the Policy has been received and reviewed and only those securities approved by the Policy will be sold to the Town. X. DIVERSIFICATION AND MATURITY LIMITATIONS It is the policy of the Town to diversify its investment portfolio. Invested funds shall be diversified to minimize risk or loss resulting from over-concentration of assets in a specific maturity, specific issuer, or specific class of securities. Diversification strategies shall be established and periodically reviewed. XI. SAFEKEEPING AND COLLATERALIZATION The laws of the State and prudent treasury management require that all purchased securities be bought on a delivery versus payment (DVP) basis and be held in safekeeping by either an approved, independent third party financial institution or the Town's designated depository. Securities Owned by the Town - All safekeeping arrangements shall be approved by the Investment Officer and an agreement of the terms executed in writing. The safekeeping bank may not be within the same holding company as the bank from which the securities are purchased. The custodian shall be required to issue original safekeeping receipts to the Town listing each specific security, rate, description, maturity, CUSIP number, and other pertinent information. Collateral - Collateralization shall be required on all bank time and demand deposits for principal and accrued interest amounts over the FDIC insurance coverage of $100,000 (by tax identification number). In order to anticipate market changes and provide a level of additional security for all funds, collateral with a market value equal to 102% of the total deposits are required. The pledging bank will be made contractually liable for monitoring and maintaining the collateral levels at all times. All collateral will be held by an independent third party bank outside the holding company of the bank, pledged to the Town. Authorized collateral will include only: • Obligations of the US Government, its agencies and instrumentalities to include mortgage backed securities which pass the bank test, • Municipal obligations rated at least A by two nationally recognized rating agencies. • The custodian shall be required to provide original safekeeping receipts clearly marked that the security is pledged to the Town. 172 IINNVVEESSTTMMEENNTT PPOOLLIICCYY XII. REPORTING The Investment Officer shall submit quarterly reports to the Council containing sufficient information to permit an informed outside reader to evaluate the performance of the investment program and in full compliance with the Act. At a minimum the report shall contain: • Beginning and ending market value of the portfolio by market sector and total portfolio • Beginning and ending book value of the portfolio by market sector and total portfolio • Change in market value during the period • Detail on each asset (book, market, description, par ad maturity date) • Earnings for the period • Overall weighted average maturity of the portfolio The report will be prepared jointly by all involved in the investment activity and be signed by the Investment Officer. It will contain all elements as required by the Act and be signed by the Investment Officers as in compliance with the Act and this Policy. Market prices for assignment of market values will be obtained from an independent source. The three month Treasury Bill average yield for the reporting period will be reported as a gauge of performance and risk. XIII. DEPOSITORIES The Town will designate one banking institution through a competitive process as its central banking services provider at least every five years. This institution will be used for normal banking services including disbursements, deposits, and safekeeping of Town owned securities. Other banking institutions from which the Town may purchase only certificates of deposit will also be designated as a depository. All banking arrangements will be in written form in accordance with FIRREA which requires a resolution of approval of the agreement by the Bank Council or Bank Loan Committee. XIV. INVESTMENT POLICY ADOPTION BY COUNCIL The Town's Investment Policy and its incorporated strategies shall be adopted by resolution annually by the Council. 173 Page 1 of 2 estlake Town Council TYPE OF ACTION Regular Meeting - Action Item Westlake Town Council Meeting Monday, September 22, 2014 TOPIC: Consideration and discussion of an Ordinance Levying Municipal Ad Valorem (Property) Taxes for the 2014 Year in accordance with the Fiscal Year 2014-15 Proposed Budget. STAFF CONTACT: Tom Brymer, Town Manager Debbie Piper, Finance Director DECISION POINTS Start Date Completion Date Timeframe: October 1, 2014 September 30, 2015 Funding: Amount - $1,376,063 Status- Funded Source- Ad valorem Tax 0T Decision Alignment VVM Perspective Desired Outcome Service Excellence Financial Stewardship FS.Sustain Fiscal Health Strategic Issue Outcome Strategy Staff Action Fiscal Stewardship & Organizational Effectiveness 5. Budget according to established service level provisions within departments. SA 05.1: Budget Preparation Strategy Map or VVM Connection Strategic Issue Connection Page 2 of 2 EXECUTIVE SUMMARY On June 28, 2010 the Town Council set the residential homestead tax exemption at the maximum (20%) allowed by State law. There were also exemptions adopted by that earlier Resolution (which is restated and confirmed in the tax levy ordinance) for an exemption for people who are disabled or over 65 and an exemption for Freeport goods. In addition, there is a provision in the current Town Code for a “tax freeze” for people over 65 or who are disabled and have a Westlake residence homestead. This Town Code provision has been interpreted by the Town’s attorney to mean that a person who currently, as of this year, has a Westlake homestead residence and is over 65 or disabled prior to the date the tax levy is adopted will have a zero tax rate. That interpretat ion was presented and accepted by the Town Council. The ad valorem tax rate used in this proposed 2014-15 Budget and compared to the rates used for FY 2013-14 is as follows: FY 13-14 FY 14-15 Adopted Proposed Tax Rate Tax Rate Variance M&O $0.13888 $0.13710 $ 0.00178 I&S $0.01796 $0.01924 $ (0.00128) $0.15684 $0.15634 $ (0.00050) The proposed FY 13-14 tax rate of $.15634 per $100 of assessed valuation is the calculated effective rate for FY 14-15. We have budgeted a total of $1,376,063 in the FY 2014-15 proposed budget. ORGANIZATIONAL HISTORY/RECOMMENDATION Recommend adoption of an ordinance levying a municipal ad valorem (property) tax totaling $0.15634 per $100 of assessed valuation. ATTACHMENTS Ordinance Ordinance 738 Page 1 of 3 TOWN OF WESTLAKE ORDINANCE NO. 738 AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS LEVYING TAXES TO BE ASSESSED ON ALL TAXABLE PROPERTIES WITHIN THE TOWN LIMITS OF THE TOWN OF WESTLAKE FOR THE TAX YEAR 2014 (FISCAL YEAR 2014-2015); SETTING OUT EXEM PTIONS AND LIMITATION; NO STATE LAW STATEMENTS REQUIRED; PROVIDING FOR THE COLLECTION OF DELINQUENT TAXES AND A COLLECTION PENALTY TO BE ADDED TO DELINQUENT TAXES; PROVIDING FOR A SEVERABILITY CLAUSE; AND DECLARAING AN EFFECTIVE DATE. WHEREAS, a public hearing on the proposed annual budget for the Town of Westlake, Texas, for the fiscal year beginning on October 1, 2014 and ending on September 30, 2015, was duly advertised giving the date, time, place and subject matter of the public hearing, and WHEREAS, a public hearing was set by the Town Council in a duly posted Town Council meeting on September 22, 2013, and all citizens were invited to participate and be heard; and WHEREAS, all requirements of state law were met, including Open Meetings Act, Texas Government Code chapter 551 requirements and the requirement of Texas Local Government Code 102.002 that the budget officer prepare a municipal budget to cover the proposed expenditures of the municipal government for the succeeding year; and WHEREAS, it is deemed to be in the best interest of the citizens of the Town of Westlake, Texas to levy a tax as set forth below, on all taxable properties within the Town limits of Westlake in order to provide the necessary funds to provide municipal services to its citizens and to meet all municipal commitments; and WHEREAS, The Town of Westlake will raise more total property taxes than last year’s budget by $36,595 or 2l.73%, and of that amount, $43,951 is tax revenue to be raised from new property added to the tax roll this year. WHEREAS, the Town of Westlake has passed exemptions to certain applicable taxes which were previously adopted by earlier Resolution and recognized and adopted a tax limitation set out in the Town Municipal Code and such exemptions and limitation are included and adopted as part of this Ordinance; and WHEREAS, the Town Council finds the passage of this Ordinance to be in the best interest for the citizens of Westlake, for the preservation of public health, safety and welfare of the citizens of the Town. Ordinance 738 Page 2 of 3 NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That all matters stated in the findings hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirely. SECTION 2: That the Town Council of the Town of Westlake, Texas shall hereby levy the following taxes on each One Hundred Dollars ($100.00) of taxable valuation on all taxable property within the Town limits of the Town of Westlake, Texas to be assessed and collected by the Tax Assessor / Collector for the tax year 2014 (Fiscal year 2014-2015) for the purposes stipulated below, to -wit: (a) For General Fund Maintenance and Operations (M&O) levied on $100.00 of taxable valuation: $0.13710 (b) For Interest and Sinking Fund (debt service) levied on $100.00 of taxable valuation: $0.01924 SECTION 3: Exemptions: That the Town Council authorizes the following exemptions and limitations: (a) Homestead exemption - That it is the intent of the Town Council of the Town of Westlake to adopt the highest possible homestead exemption, which would be a homestead exemption in the amount of twenty percent (20%) of the value of the homestead, and in any event, the exemption shall be at least a minimum of Five Thousand dollars ($5,000). For purposes of this section "residential homestead" is defined as a structure (including a mobile home) or a separately secured and occupied portion of a structure (together with land, no to exceed ten (10) acres, and improvements used in the residential occupancy of the structure and the land and improvements have identical ownership) that (1) is owned by one or more individuals, either directly or through a beneficial interest is a qualifying trust; (2) is designed or adapted for a human residence; (3) is used as a residence; and (4) is occupied as his or her principal residence by an owner or, for property owned through a beneficial interest in a qualifying trust, by a trustee of the trust who qualifies for the exemption. (b) Over 65 or Disabled exemption - That an exemption for a resident over 65 or disabled, pursuant to section 11.13(b) of the Texas Tax Code shall be authorized in the amount of $10,000. A resident is eligible for an exemption under this section if the resident is over 65 or disabled, but the resident shall not be entitled to two exemptions under this section, as set out in section 11.13(b) of the Texas Tax Code. (c) The Town of Westlake previously adopted an ad valorem tax limitation in section 86-2 of the Town Code, for elderly and disabled citizens according to Article VIII, Section 1-b of the Texas Constitution and Texas Tax Code § 11.261, which provides “The county, municipality, or junior college district may not increase the total annual amount of ad valorem taxes the county, municipality, or junior college district imposes on the residence homestead of a disabled individual or an individual 65 years of age or older above the amount of the taxes the county, Ordinance 738 Page 3 of 3 municipality, or junior college district imposed on the residence homestead in the first tax year, other than a tax year preceding the tax year in which the county, municipality, or junior college district established the limitation described by Subsection (a), in which the individual qualified that residence homestead for the exemption provided by Section 11.13(c) for a disabled individual or an individual 65 years of age or older.” This provision, commonly referred to as a “tax freeze” means that residents who are already eligible for the provisions of that section will not have any increase in their taxes from the time that they became eligible, as citizens of Westlake, for that section. SECTION 4: State Law Required Statements: (A) THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. (B) The tax rate for the upcoming fiscal year will be $0.15634 (M & O of $0.13710 and interest and sinking fund of $0.01924 totaling $0.15634). The taxes raised for maintenance and operations will be approximately $109.68 on a $100,000 home with a homestead exemption. SECTION 5: The Town of Westlake will pursue collection of delinquent taxes and adopts the provisions of Section 33.07 of the Texas Tax Code so that hereafter an additional penalty of Twenty (20) percent of the delinquent tax, penalty and interest on delinquent taxes will be imposed on taxes becoming delinquent as provided by the Texas Tax Code and the Town’s collection agreement. SECTION 6: If any portion of this Ordinance shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Ordinance without the invalid provision. SECTION 7: That this Ordinance shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22nd DAY OF SEPTEMBER 2014. ATTEST: _____________________________ Laura L. Wheat, Mayor ____________________________ Kelly Edwards, Town Secretary ______________________________ Thomas E. Brymer, Town Manager APPROVED AS TO FORM: ____________________________ L. Stanton Lowry, Town Attorney EXECUTIVE SESSION a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners -Solana Land, L.P., related to Centurion’s development known as Entrada b. Section 551.071 (2) Consultation with Attorney on a matter in wh ich the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 d. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager Town of Westlake Item # 7 – Executive Session Town of Westlake Item # 8 – Reconvene Meeting The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Section 551.087. Deliberation Regarding Economic Development Negotiations (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Maguire Partners- Solana Land, L.P., related to Centurion’s development known as Entrada b. Section 551.071 (2) Consultation with Attorney on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Chapter including but are not limited to the following: Town of Westlake Certificate of Convenience & Necessity (CCN) for water and sewer service. c. Section 551.071(2) Consultation with Attorney - to seek advice of counsel on legal matters involving pending or contemplated litigation, settlement offers, or other legal matters not related directly to litigation or settlement. Pending or contemplated litigation and settlement offers include but are not limited to the following: Trophy Club Municipal District Number 1 d. Section 551.074(a)(1): Deliberation Regarding Personnel Matters – to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Town Manager Town of Westlake Item # 9 – Take any Necessary Action, if necessary FUTURE AGENDA ITEMS: Any Council member may request at a workshop and / or Council meeting, under “Future Agenda Item Requests”, an agenda item for a future Council meeting. The Council Member making the request will contact the Town Manager with the requested item and the Town Manager will list it on the agenda. At the meeting, the requesting Council Member will explain the item, the need for Council discussion of the item, the item’s relationship to the Council’s strategic priorities, and the amount of estimated staff time necessary to prepare for Council discussion. If the requesting Council Member receives a second, the Town Manager will place the item on the Council agenda calendar allowing for adequate time for staff preparation on the agenda item. Council Member Stoltenberg: Discuss the installation of a pedestrian tunnel on J.T. Ottinger Road in front of Westlake Academy. Town of Westlake Item # 10 - Future Agenda Items COUNCIL CALENDAR  Constitution Day & History Museum Open House; hosted by the WHPS Wednesday, September 17, 2014; 8:30 a.m. – 3:00 p.m. Westlake History Museum – 3 Village Circle in Solana  Building Dedication for the Sam & Margaret Lee Field House Monday, September 22, 2014; 8:30 a.m. North side of fieldhouse on WA campus *Brief tour of all new buildings to immediately follow  Town Council Workshop & Meeting Monday, September 22, 2014  WA Senior Night for Soccer Players Thursday, October 2, 2014; 5:00 pm (Varsity) WA Athletic Fields  Board of Trustee Workshop & Meeting Monday, October 6, 2014  Northwest Metroport Chamber “State of the Communities” Luncheon Tuesday, October 7, 2014; 11:30 a.m. – 1:00 p.m. Trophy Club Country Club (*RSVP to Ginger for tickets)  WA Senior Night for Volleyball Players Tuesday, October 7, 2014; 7:00 p.m. (Varsity) WA Gymnasium  WA Homecoming Game & Senior Night for Football Players Friday, October 17, 2014; 7:00 p.m. (Varsity) WA Athletic Fields  Westlake Annual Car Show; Hosted by the WHPS Saturday, October 18, 2014; 11:00 a.m. – 4:00 p.m. (Awards at 3 pm!) Larry North Fitness at Solana - east parking lot Town of Westlake Item # XX – Council Calendar Town of Westlake Item # 12 – Adjournment Back up material has not been provided for this item.