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Item 10BFY 2011 Proposed Budget Strategic Investment Shana Yelverton City Manager Budget Basics Annual budget FY = Oct. 1 – Sept. 30 Multi-year planning Fund Accounting General Fund Debt Service Fund Utility (Enterprise) Fund SPDC/CCPD Special Revenue Funds Integrity  Innovation  Accountability  Commitment to Excellence  Teamwork Expenditure Summary (All Funds) General Fund $30,718,756 Strategic Initiative Fund $1,375,000 Vehicle Replacement Fund $224,000 Crime Control District Fund $381,312 SPDC Fund $3,273,870 Utility Fund $19,882,527 Debt Service Fund $11,755,092 Other Revenue Funds (Reforestation, Bicentennial Concessions, Park Dedication, Hotel Occupancy, Library, Recycling, Court Funds, Public Art, Red Light Camera & TIF Operating) $1,915,878 Total Expenditures $70,271,364 Stormwater Fund $744,929 Revenues Expenses ________________________________________ Net Revenues ≥ $100,000 Transfer Indirect Charges Net Revenue AFTER Transfer General Fund Revenue General Fund Expenses FY 2010 Budget Summary (Utility Fund) Structurally balanced Net revenues acceptable Optimal reserves No planned service reductions Expenses cut or deferred Strategic investments Integrity  Innovation  Accountability  Commitment to Excellence  Teamwork COUNCIL PRIORITY INVESTMENTS City of Southlake Strategy Map The City of Southlake provides municipal services that support the highest quality of life for our residents and businesses. We do this by delivering outstanding value and unrivaled quality in everything that we do. Fulfill Our Mission Live Our Core Values Promote Learning and Growth Provide Financial Stewardship Serve Our Customers Manage the Business Safety and Security Deliver on Our Focus Areas Infrastructure Quality Development Mobility Performance Management and Service Delivery Partnerships and Volunteerism Council Priority Investments Safety & Security School zone signs & pavement markings Crosswalk safety initiatives Traffic enforcement initiatives Town Square security initiative Safety Town Park Police & fire equipment K9 Program Council Priority Investments Mobility Pathways construction FM 1938 Phase II Kimball Ave. widening Kirkwood Blvd. connector Street rehab with Tarrant County In-house paving capability Wayfinding signage Council Priority Investments Infrastructure DFW Connector utilities 20” water main (SH 114) TW King Meter Station 8” sewer (N. Carroll) 12” water lines (2) Bicentennial Park Phase II North Park development Multipurpose Facility (set aside) Council Priority Investments Performance Management IT Service Management Laserfiche records management technology Council Priority Investments Quality Development 2030 Plan Development Beautification Initiatives Town Square Enhancements (public spaces) FM 1709 lighted street signs Council Priority Investments Partnerships & Volunteerism Joint Use – CISD Joint Jail & Dispatch Center Metroport Teen Court Volunteer Southlake! Community Events Participation Program Community Service Agreements Citizen Survey - Service Importance vs. Satisfaction How important are the following services? How satisfied are you with the job the City is doing to provide these services? % Gap between Service Importance and Service Satisfaction Community Priority Investments Pathway construction Priority Plan CIP = $800,000 Community Priority Investments Traffic Management FM 1938 Phase II N. Kimball Avenue Phase II Kirkwood Blvd. Radar speed signs School zone crosswalks Wayfinding signage Community Priority Investments Emergency Management Southlake Office of Emergency Management Community Priority Investments Stormwater Drainage FM 1938 detention Localized projects Street sweeping (limited) Neighborhood Investments Road resurfacing Water improvements Sewer extensions Park improvements Core Service Investments Communication & technology initiatives Facility maintenance Records management Fleet management Workforce Investments Lump sum COLA increase (based on CPI) Employee portion of health care cost increases Post-retirement health trust (GASB 45) Proposed FY 2011 Budget Strategic Investment Questions? Shana Yelverton 817.748.8001 www.cityofsouthlake.com/FY2011