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Item 4E 13SOUTHLAKE MEMORANDUM February 13, 2017 TO: Shana Yelverton, City Manager FROM: Sharen Jackson, Chief Financial Officer SUBJECT: Approval of amended Fiscal Year 2017 Southlake Crime Control and Prevention District Operating Budget Action Requested: Approval of amended Fiscal Year 2017 Southlake Crime Control and Prevention District Operating Budget. Background Information: On February 1, 2017, the Crime Control and Prevention District Board (the Board) called a special election to be held on May 6, 2017. At the same meeting the Board amended the FY 2017 Operating Budget to include funding to implement a communication plan. It is important to develop the communication plan for the election to educate the public of the proposed ballot. In 2015, the City made a similar effort with regards to The Marq Southlake. City staff envisions a similar effort for the re- authorization election for the District. The communication efforts would include: • One direct mail piece to Southlake residents. (Total cost for design, printing and postage $5,000) • Social Media campaign to explain the special election ($250 for Facebook advertising) • My Southlake News.com article educating the public on the special election. (No cost) • Enhanced website (CityofSouthlake.com) presence of the District, what it does, and how it has benefited Southlake residents and the Carroll Independent School District. (No cost) All public communication will have City Attorney approved language as with The Marq Southlake ballot effort. The total amendment for this effort is $6,000 ($5,000 for the direct mail piece and $1,000 for Facebook advertising and other miscellaneous expenses). Financial Considerations: The proposed budget amendment increases the expenditures to $1,334,329 with the projected ending Fund Balance of$2,843,264. Strategic Link: Cl: Achieve the highest standards of safety and security. Citizen Input/ Board Review: None required Legal Review: None required. Alternatives: Approve or reject the budget amendment submitted Supporting Documents: CCPD Operating Fund Amended Budget Staff Recommendation: Approval of the amended FY 2017 operating budget. SOUTHLAKE CRIME CONTROL AND PREVENTION DISTRICT - OPERATING FUND FY2017 Amended Budget October 1, 2016 through September 30, 2017 $ Increase/ 2016 2016 2016 (Decrease) % Increase/ Actual Adopted Amended Adopted -Decrease REVENUES Sales Tax $1,803,605 $1,820,000 $1,820,000 $0 0.0% Miscellaneous Income 0 0 0 $0 0.0% Interest Income $25,480 $500 500 $0 0.0% Total Revenues $1,829,085 $1,820,500 $1,820,500 $0 0.0% EXPENDITURES Personnel $563,713 $653,638 $653,638 $0 0.0% Operations $252,723 $322,322 $328,322 6,000 1.9% Capital $58,184 $352,369 $352,369 0 0.0% Total Expenditures $874,620 $1,328,329 $1,334,329 $6,000 0.5% Net Revenues $954,465 $492,171 $486,171 ($6,000) Transfers In-SPDC $0 $0 $0 Transfers Out-General Fund/Debt service (2,656,620) (2,117,920) (2,117,920) Transfers Out-Crime Control Project Fund (1,200,000) 0 0 Total Other Sources (Uses) (3,856,620) (2,117,920) (2,117,920) Beginning Fund Balance $7,377,168 $4,475,013 $4,475,013 Ending Fund Balance4.475.013 2.849.264 $2,843,264