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