Item 6BOrdinance 915 FY 2008 Proposed Budget September 4, 2007
City of Southlake
Strong Values. Strong Results.
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
Overview of FY 2008Proposed Budget
Structurally balanced budget
Healthy revenue growth
Accomplishes priorities without tax rate or utility rate increases and maintains optimum fund balance
Council
Neighborhood
Core Service
Workforce
Future financial condition
All Funds Summary
(Expenditures)
General Fund
$29,641,168
Strategic Initiative Fund
$1,920,000
Vehicle Replacement
Fund
$955,500
Crime Control
District Fund
$298,605
SPDC Fund
$2,380,389
Utility Fund
$19,306,186
Debt Service Fund
$7,264,834
Other Revenue Funds
(Reforestation, Bicentennial
Concessions, Park Dedication,
Hotel Occupancy, Library,
Recycling, Court Funds
& TIF Operating)
$970,035
Total
Expenditures
$63,427,902
Stormwater Fund
$691,185
Capital BudgetFY 2008
Integrity Innovation Accountability Commitment to Excellence Teamwork
FY2008 Capital Budget by Project Type
Integrity Innovation Accountability Commitment to Excellence Teamwork
Questions?
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
Council Priority Investments
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
Safety & Security
Mobility
Infrastructure
Performance Management
Quality Development
Partnerships & Volunteerism
Community Priority Investments
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
2006 Citizen Survey
Speeding on neighborhood streets
Condition of streets
Storm water improvements
Trash/recycling
Neighborhood Investments
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
Street improvements
Water system improvements
Sewer system improvements
Drainage system improvements
Street sweeping (limited)
Neighborhood parks
Sidewalks
Core Service Investments
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
Communication & technology initiatives
Facility maintenance
Records management
Fleet management
Workforce Investments
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
Compensation strategies
Workforce additions
TMRS service provisions
Promote learning & growth
Workforce Additions
General Fund
Police Officers (3)
Chief Const. Inspector
Librarian
Accountant
Training & Safety Coordinator
Accounting Asst.
Other Funds
Construction Manager
Crew Leader
Utility Workers (2)
Utility Technician
Multi-Year Perspective
Integrity Innovation Accountability Commitment to Excellence Teamwork
GENERAL FUND REQUESTS
FY2008 CAPITAL BUDGET – ROADS
FY2008 CAPITAL BUDGET – ROADS
ROADWAY IMPACT FEE FUND REQUESTS
Total Roads = $7,550,000
FY2008 CAPITAL BUDGET – WATER & SEWER
WATER
SEWER
Total Water & Sewer = $6,120,000
FY2008 CAPITAL BUDGET – TRAILS & PARKS
TRAILS
PARKS
Total = $2,455,000
FY2008 CAPITAL BUDGET – OTHER
Total Facilities = $11,848,000
FACILITIES
Total Stormwater = $2,500,000
STORMWATER