2020-2021 Annual Budget

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2020-2021 Annual Budget Texas Local Government Code Section 102.007 Notice This budget will raise more revenue from property taxes than last year’s budget by an amount of $1,931,428 which is a 3.89 percent increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $528,990. The record vote of each member of the governing body by name voting on the adoption of the budget as follows: FOR: Mayor Ginger Nelson, Councilmember Elaine Hays, Councilmember Freda Powell, Councilmember Eddy Sauer, and Councilmember Howard Smith AGAINST: None PRESENT and not voting: None ABSENT: None The municipal property tax rates for the preceding year and current year are as follows: Preceding Current Fiscal Year Fiscal Year Property Tax Rate $0.38851 $0.39681 Effective/No-New-Revenue Tax Rate $0.36198 $0.38070 Effective/No-New-Revenue Maintenance and Operations Tax Rate $0.49496 $0.51055 Rollback/Voter-Approval Tax Rate $0.41021 $0.41586 Debt Tax Rate $0.04976 $0.05921 The total amount of debt obligation as follows: City of Amarillo Debt Obligation Principal Interest 2010 Certificate of Obligation $70,000 $25,021 2017 Refunded General Obligation 1,390,000 439,200 2017 General Obligation 570,000 723,569 2017 Certificate of Obligation 520,000 163,100 2018 General Obligation 560,000 789,694 2020 Certificate of Obligation 80,000 267,177 2020 General Obligation 75,000 269,417 2020 Refunded General Obligation 470,000 18,393 2020 Tax Notes 455,000 99,250 4,190,000 2,794,821 Fiscal Agent Fees 7,500 Debt Service Reserve Funds (165,000) Total Debt Obligation $6,827,321 i ii ANNUAL BUDGET October 1, 2020 - September 30, 2021 CITY OF AMARILLO, TEXAS MAYOR Ginger Nelson COUNCILMEMBERS Elaine Hays Eddy Sauer Freda Powell Howard Smith CITY MANAGER Jared Miller iii GOVERNMENT FINANCE OFFICERS ASSOCIATION Distinguished Budget Presentation A w ard PRESENTED TO City of Amarillo Texas For the Fiscal Year Beginning October 1, 2019 Executive Director iv CITY OF AMARILLO ANNUAL BUDGET _____________________________________________________________________________________________________________________ TABLE OF CONTENTS DEPT. PAGE NO. NO. Readers Guide .......................................................................................................................................................................... 1 City Manager's Budget Message .............................................................................................................................................. 3 Accounting Policies and Practices ............................................................................................................................................ 9 Budget Calendar ..................................................................................................................................................................... 52 COMMUNITY PROFILE Community Statistics .............................................................................................................................................................. 54 Profile of Amarillo .................................................................................................................................................................... 58 SUMMARIES City Organization Chart ........................................................................................................................................................... 75 Summaries - All Funds ............................................................................................................................................................ 77 Summary of Resources and Expenditures, All Funds ............................................................................................................. 78 Graphic Summary of Resources and Expenditures, All Funds ............................................................................................... 80 General Fund Revenue and Expenditure Graph ..................................................................................................................... 81 General Fund Revenue Summary .......................................................................................................................................... 82 General Fund Revenue Detail................................................................................................................................................. 83 Sales Tax Collections ............................................................................................................................................................. 88 Property Tax Collections ......................................................................................................................................................... 89 Ratio of Tax Collections to Current Year’s Levy, All Funds ..................................................................................................... 90 Assessed Property Values ...................................................................................................................................................... 91 General Fund Summary of Expenditures ................................................................................................................................ 92 Summary of Resources and Expenditures – Enterprise Funds .............................................................................................. 93 Water and Sewer Utility Revenue and Expenditure Graph ..................................................................................................... 94 Water and Sewer Utility Revenue Summary ........................................................................................................................... 95 Water and Sewer Utility Revenue Detail ................................................................................................................................. 96 Water and Sewer Utility Expenditure Summary Graph ........................................................................................................... 97 Airport Revenue and Expenditure Graph ................................................................................................................................ 98 Airport Revenue Summary ...................................................................................................................................................... 99 Airport Revenue Detail .......................................................................................................................................................... 100 Drainage Utility Revenue and Expenditures Graph ............................................................................................................... 101 Drainage Utility Revenue Summary ...................................................................................................................................... 102 Drainage Utility Revenue Detail ............................................................................................................................................ 103 Summary of Resources and Expenditures – Internal Service Funds .................................................................................... 104 Fleet Services Revenue Detail .............................................................................................................................................. 105 Information Technology Revenue Detail ............................................................................................................................... 106 Self-Insurance Revenue Detail ............................................................................................................................................. 107 Employee Insurance Revenue Detail .................................................................................................................................... 108 Special Revenue Funds Revenue Graph .............................................................................................................................. 110 Summary of Resources and Expenditures – Special Revenue Funds .................................................................................. 112 Revenue Summary ............................................................................................................................................................... 114 Summary of Expenditures by Activity Classification .............................................................................................................. 120 Summary of Expenditures by Object Classification ............................................................................................................... 128 Relationship of City Organizations ........................................................................................................................................ 136 PUBLIC SAFETY Public Safety Summary of Expenditures by Activity Classification ........................................................................................ 139 Police ................................................................................... 1610-1680,22150-22160,2610,2620,26610 ............................ 141 Fire .......................................................................................................................................... 1910,1940 ............................ 151 Animal Management
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