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Item 7B(,ity of soutniake, i exas MEMORANDUM TO: Shana Yelverton, City Manager FROM: Sharen Jackson, Director of Finance, Ext. 8042 SUBJECT: Approval of Southlake Crime Control and Prevention District FY 2006 -07 Operating Budget and Multiyear CIP Budget Action Requested: Approval of the proposed FY 2006 -07 Operating Budget and Multiyear CIP Budget Background Information: Your packet contains the operating budget and multiyear CIP Budget adopted by the Crime Control and Prevention District Board of Directors on August 2, 2006. The proposed operating budget simply provides for the continuation of the SRO funding ($138,954) at 50% and the other 50% is included in the General Fund proposed budget. New request for FY 2006 -07 include the following: $ 70,000 Fiber Optic Cable to West DPS (This item was originally approved in the construction cost of the West Facility. The selected company, Pinnacle Integrated Technologies, abandoned the job prior to completion, improperly attached the cable to Charter Cable facilities and improperly bored underneath FM1709. Only a small down payment was made and several suppliers paid. The City fled suit and won a judgment but will not recover any damages. This funding allows the issues with the fiber optic cable to be resolved.) $ 66,000 Special event observation platform (The watch tower provides another element of surveillance and a police presence. This will enhance the police department's ability to monitor the area and maintain a safe environment and a safe community,) Total funding requested for FY 2007 CCPD operating fund for operations is $274,954 and a transfer out to the Capital Improvement Project fund for $7,790,000. The multiyear CIP includes a recominendation to begin construction of the DPS East Facility which consists of architect and engineering services ($700,000), construction manager services ($240,000), site preparation ($750,000), potential additional land purchase ($1,800,000) and initial construction ($4,000,000) and Town Square video surveillance -Phase 1 ($300,000) for total requested funding in FY 2007 of $7,790,000. Financial Considerations: The proposed operating budget includes projected sales tax and interest income of $4,420,000, $138,954 for three School Resource Officers (50% funding), $136,000 for capital items and $7,790,000 transfer to CIP fund. The proposed Shan Yelverton, City Manager August 29, 2006 Page 2 CIP budget includes $7,490,000 to begin construction of the DPS East Facility and $300,000 for Phase I of Town Square video surveillance. Citizen Input/ Board Review: Public hearing is scheduled for September S, 2006 Legal Review: None required Alternatives: Approve or reject the budgets submitted Supporting Documents: FY 2006 -07 Operating Budget and Multiyear CIP SOUTHLAKE CRIME CONTROL AND PREVENTION DISTRICT - OPERATING FUND FY2006 -07 Proposed Budget 12:42 PM October 1, 2006 through September 30, 2007 OB129106 REVENUES Sales Tax Grant Income Interest Income Total Revenues EXPENDITURES Personnel Operations Capital Total Expenditures Net Revenues Transfers Out - General Fund for debt service Transfers Out - Cr itle control Project Fund Total Other sources (Uses) Beginning Fund Balance Ending Fund Balance 2004 -05 Actual z s $ Increase! ✓ r `: ✓^ ;r 2005 -06 f r (Decrease) Adopted ' _ Adopted $ Increase/ . ''��2 - .ate '�."�">� %Increase/ _ (Decrease) - Decrease Adopted % Increase/ - Decrease $3,025,506 $3,405 $494.468 14.5% �� $849,468 24.9° 12,752 0 r $0 0.0% $0 0.0% $ 125,074 70 000 8$ 0.000 r 114.3% $95 135.7% $3,163,332 $3,475 � $574,468 16 .5% $944,468 27.2% $239,312 $308 - _ $0 0.0% ($169,840) -55.0% $140,454 $152 658,500 430 9% `_i 1 (152,811) - 100.0% 240 Oa0 0 0.0% (104,000) - 43.3% $379,766 $701 $658,500 93.9% ($426,651) -11 _ $1,371,119 $2,783,566 $2,773,927 ^ ($84,032) 419,150 0 419,150 0 $3,624,694 $5,989,110 ,r ; (Reference to Section 363.203, Local Government Code, Annual Budget Proposal.) 1. There are not any outstanding debt obligations of the Crime Control District for FY 2005 -06, 2. There is $8,679,005 in the Operating Fund estimated to be on hand as of the beginning of FY 2006 -07. 3. An estimated $4,255,000 is expected to be received by the District during FY2006 -07 in sales tax revenues. 4- Total revenue is estimated at $4,420,000 consisting of sales tax and interest income. 5. Total money requested to fund programs is $274,954 for School Resource Officers and related equipment. 6. Total transfers of $7,790,000 requested to begin construction on DPS facility. 7. The sales tax rate is .5 %. 8. There is $5,034,051 in the Operating Fund estimated to be on hand as of the end of FY2006 -07. 9. Total revenues available to cover the proposed budget are $4,420,000. # Project Name Prior FY2007 FY2008 FY2009 FY2010 FY2011 Beyond Total Crime Control 1 Town Square Video Surveillance �a� $ 300 $ 350 $ 650 2 DPS East Facility z $ 7,490 $ 8,964 $ 16,454 3 North DPS Facility $ 192 $ 192 4 DPS West Reconfiguration, ; }: $ 2 000 TataEs: $ 7,790 $ 9,314 $ 192 $ $ 2,000 $ - $ 17,296