Loading...
HomeMy WebLinkAbout(1) BUDGET WORKSHOP Proposed Budget #2 09.08.20FY 2020-2021 Proposed Budget September 8, 2020 - Workshop 1 Highlights General Fund Changes from FY2020 to FY2021 *Note: A 2.5% salary increase is included for all employees 2 Highlights General Fund Changes from FY2020 to FY2021 *Note: A 2.5% salary increase is included for all employees 3 Highlights Changes from FY2020 to FY2021 *Note: A 2.5% salary increase is included for all employees 4 FY 2020-2021 Budget Highlights Funding for Capital Improvements primarily from operations and new bond issues From Operations General Fund $11.12 million Water Utilities Fund $2.18 million New Bond Issues General Revenue $10 million Street Reconstruction Program Water Utility Fund $18 million TWDB WL Replacement Plan 5 Capital Improvement Program FY 2021 Proposed Projects: Millions Street Improvements 14.3 Drainage Improvements 12.6 General Improvements 6.7 Downtown Revitalization 4.0 Transit Capital Expenditures 5.7 Water Utility Improvements 20.4 Economic Development Corp 1.0 Total $64.7 6 Capital Improvement Program FY 2021 Street Improvements Projects: Millions Street Reconstruction 10.0 Street Remediation/Rehab 4.3 Total Project Cost $14.3 Funding Sources: General Fund Cash 4.0 Certificates of Obligation (Future Issue) 10.0 EDC Street Maintenance .3 Total Funding Sources $14.3 7 Capital Improvement Program FY 2021 Drainage Improvements Projects: Millions Drainage System at El Vista (75/25) 1.0 Drainage System at Port Acres (75/25) 3.1 Lake Arthur Detention Pond (75/25) 5.3 Drainage System at Golf Course (CDBG) 2.0 Drainage Study 1.2 Total Project Cost $12.6 Funding Sources: CDBG Grant 5.5 FEMA/HMPG Grant 7.1 Total Funding Sources $12.6 8 Capital Improvement Program FY 2021 Water Utility Improvements Projects: TWDB WL Replacement Plan (57 Water Mains) 18.0 Sabine Pass Collection System .3 Lakeside Gravity Sewer Main .2 El Vista Force Main 1.0 Hwy 365 Force Main .5 Sewer Main Removal (SNND Project) .4 Total Project Cost $20.4 Funding Sources: Water Fund Cash 2.2 Bonds-TWDB 18.0 Other .2 Total Funding Sources $20.4 9 Capital Improvement Program FY 2021 City Facility Improvements Projects: 2021 2022 2023 (In Millions) Renovations to Equipment Services Building .18 Relocate Animal Shelter .15 2.5 New Police Substation .40 Relocate Parks Division-19th St Renovation .75 Relocate Health Department .90 1.0 Relocate Public Safety Facility-Police/Fire/Court .50 10.0 Renovations to City Hall .50 .50 .5 Renovations to Adams Building .10 Renovations to PW Operations Building .45 Total Projects Cost $3.93 $14.0 $.5 Funding Sources: General Fund Cash 3.03 1.5 .5 Bonds 12.5 Other .90 Total Funding Sources $3.93 $14.0 $.5 10 Capital Improvement Program FY 2021 Parks & Recreation Improvements Projects: Renovations to Lakeview Pool Area 300,000 Washington Park Basketball Improvements 80,000 Total Project Cost $380,000 Funding Sources: General Fund Cash $380,000 11 Capital Improvement Program FY 2021 Downtown Revitalization Projects: Millions Fiber Optics Improvements $4.0 Funding Sources: General Revenue - Cash .8 EDA Grant 3.2 Total Funding Sources $4.0 12 Budget Workshop September 14 Discussion: Recap Suggestions?? 13