Funds Summary 44 Total Expenditures by Department 46 Department Summaries 47 Budget Adoption Ordinance 54 Tax Rate Adoption Ordinance 56
Total Page:16
File Type:pdf, Size:1020Kb
CITY OF GREENVILLE Vision Statement Working together to make traditional values keep pace with future growth. City Council Tom Oliver Mayor Wayne Gilmore Mayor Pro Tem – Place 3 Glen Steed Place 1 Leahmon Bryant Place 2 Victoria Rogers Place 4 Chris Bracken Place 5 Fred Thomas Place 6 Council Goals Goal 1 Significantly Lower the Tax Rate Goal 2 Strong Stand on Public Safety Goal 3 Set and Enforce Expectations for the Appearance of the City of Greenville Goal 4 Develop Strong Working Relationships with both Internal and External Entities Goal 5 Encourage Growth with Quality Development and the Wise Use of Incentives for Recruitment and Growth Steven J. Alexander, CPA, City Manager Stephen P. Compton, Director of Administrative Services Sherri Michael, Accountant – Budget Analyst Comments or suggestions concerning the City of Greenville 2007-08 Annual Budget can be made to the following: Mailing Address: City of Greenville Attn: Director of Administrative Services P.O. Box 1049 Greenville, TX 75403-1049 Physical Address: City of Greenville Attn: Finance Department 2821 Washington Street Greenville, TX 75401 - 2 - CITY OF GREENVILLE, TEXAS ANNUAL BUDGET FISCAL YEAR 2007-08 TABLE OF CONTENTS City Manager's Message Pg # Letter of Transmittal 7 All Fund Summary 17 Change in Fund Balance / Working Capital 18 Budget Summary Budget Policies & Guidelines 19 Financial Policies & Practices 20 Investment Policy 28 Net Assessed Taxable Property Values 38 Property Tax Revenue 39 Total Sales Tax Collected 40 Revised 2007-2008 Budget Calendar 41 Organizational Fund Structure 43 Funds Summary 44 Total Expenditures By Department 46 Department Summaries 47 Budget Adoption Ordinance 54 Tax Rate Adoption Ordinance 56 General Fund General Fund Organizational Structure 59 General Fund Summary 61 General Fund Revenues and Expenditures 62 City Council Expenditures 64 City Secretary Expenditures 66 City Attorney Expenditures 68 Municipal Court Expenditures 70 City Manager Expenditures 72 Library Expenditures 74 Main Street Expenditures 76 Human Resource Expenditures 78 Finance Expenditures 80 Tax Expenditures 82 Purchasing Expenditures 84 Police Department Expenditures 86 Animal Control Expenditures 96 Fire Department Expenditures 98 Public Works Administration Expenditures 106 Streets Expenditures 108 Traffic Expenditures 110 Engineering Expenditures 112 - 3 - Code Enforcement Expenditures 114 Planning and Zoning Expenditures 116 Parks & Recreation Expenditures 120 Non-departmental Expenditures 132 Enterprise Funds Enterprise Fund Structure 135 Combined Enterprise Fund Revenues and Expenditures 136 Water Utilities Revenues and Expenditures 138 Water Utilities Administration Expenditures 142 Water Production Expenditures 144 Water Distribution Expenditures 146 Wastewater Collection Expenditures 148 Wastewater Treatment Expenditures 150 Utility Fund Non-Departmental Expenditures 152 Sanitation Fund 154 Municipal Airport Fund 158 Golf Course Fund 162 Internal Service Funds Internal Service Fund Structure 165 Combined Internal Service Revenues and Expenditures 166 Central Service Fund 168 Facility Maintenance Expenditures 172 Fleet Maintenance Expenditures 174 Property and Liability Insurance Expenditures 176 MIS Fund 178 Information Technology (IT) Expenditures 182 Geographical Information Systems (GIS) Expenditures 184 MIS Fund Non-Departmental Expenditures 186 Vehicle/Equipment Replacement Fund 187 Health Self-Insurance Fund 190 Other Funds Other Fund Structure 193 Tourism Fund 194 Exchange Properties Fund 196 Board of Development 198 4A - Economic Development Corporation 199 Debt Service 201 - 4 - Capital Improvements 207 Appendices 221 Appendix A 222 Glossary Appendix B 240 Greenville at a Glance Appendix C 245 Approved Staffing - 5 - - 6 - March 13, 2008 Honorable Mayor Oliver, City Council Members and Citizens of the City of Greenville: I am pleased to present to you the fiscal year 2007-08 Annual Budget and Plan of Municipal Services. The Annual Budget and Plan of Municipal Services is the most important document that is adopted by the City Council each year. As always, a significant amount of time is devoted by City Council Members and City Staff in developing this document. An annual budget is developed through an extensive process of reviewing requests received from various City departments and external agencies and then prioritizing those requests in a manner that utilizes resources effectively, within fiscal constraints, while working to achieve goals set out by the City Council. On June 27, 2006, the City Council adopted resolution number 06-34 adopting the following goals: • Significantly lower the tax rate. • Take a strong stand on public safety. • Set and enforce expectations about the community’s appearance of the City of Greenville. • Develop strong working relationships with both internal and external entities. • Encourage growth with quality development and wise use of incentives for recruitment and growth. The 2007-08 fiscal year budget was developed with these goals in mind. Significantly lower the tax rate. Since 2005, the City has lowered its tax rate from 79.9 cents per $100 of taxable assessed valuation to 76.4 cents per $100 of taxable assessed valuation or (4.38%). The 2007-08 fiscal year budget maintains the City’s previous year’s tax rate of 76.4 cents per $100 of taxable assessed valuation. City Staff continues to focus on ways that the tax rate can be reduced without reducing or eliminating services to the public. As commercial and industrial development continues to occur within the City and revenues continue to grow, it is expected that further decreases in the tax rate can be achieved. Take a strong stand on public safety. As with any municipal government, providing a safe place for people to live, raise a family, operate a business or simply visit, is critical to the success of a community. The 2007-08 fiscal year budget commits 56 cents of every dollar received into the General Fund to the provision of public safety services. - 7 - Set and enforce expectations about the community’s appearance of the City of Greenville. The City continues to focus on this goal through a number of methods. Keep Greenville Beautiful is a non-profit organization tasked with the responsibility of developing and coordinating programs through the use of volunteers that enhance the appearance of Greenville. The 2007-08 fiscal year budget increases the funding received from the City from $5,000 to $10,000. In addition, this program receives $5,000 in funding from IESI, the City’s solid waste provider. The 2007-08 fiscal year budget also includes the addition of a code enforcement officer to facilitate compliance with City codes. This addition will double the City’s efforts in this area. The City continues to pursue the elimination of blight through its substandard structures board. Over the last three years 113 structures have been demolished and 123 have been rehabilitated and/or reclaimed. Develop strong working relationships with both internal and external entities. The City Council and City Staff continue to improve relationships between the City and external agencies such as the Greenville independent School District, Hunt County, and the Hospital District. During fiscal year 2007-08 the City will meet quarterly with these organizations in an effort to sustain those relationships and create an opportunity for open dialogue pertaining to ongoing issues and project. The City is also working very closely with the Greenville Board of Development and Greenville Electric Utility System to facilitate positive working relationships and a unified approach to improving the community. Encourage growth with quality development and wise use of incentives for recruitment and growth. The City currently commits one-eighth of its sales tax to a 4A economic development corporation for the purpose of encouraging industrial development at its industrial park and the air park located next to Major’s Field. Each year the 4A Corporation receives approximately $489,000 in sales tax dollars for their mission. The City also provides a one percent franchise fee from the Greenville Electric Utility System’s adjusted gross revenues to the Greenville Board of Development which is used for enhancing economic development within the City. This amount is an estimated $500,000 each year. MAJOR OPERATING FUNDS The City has five major operating funds. These funds are considered major funds based on the amount of resources within these funds and/or due to the nature of the fund. Funds considered major funds include the General Fund, Water & Sewer Fund, Solid Waste Fund, Airport Fund and the Golf Course Fund. GENERAL FUND Revenues Revenues budgeted for the General Fund total $18,876,347 an increase of $1,493,693, or 8.59%, over the previous fiscal year budget. The City receives the bulk of its revenue from three primary sources which include property tax, sales tax and franchise taxes. - 8 - Property Tax The City’s property tax is 76.4 cents per $100 of taxable assessed value which is the same rate adopted in fiscal year 2006-07. The total amount of tax revenue to be generated from this tax rate is $8,025,588. This is an increase to the General Fund over the previous year’s levy of $233,870 or 4%. The increase is attributed to an increase in taxable assessed values of 3.91% over the 2006 tax year. Increases in taxable assessed value stemmed from both added construction values as well as adjustments to properties on the tax rolls in the previous year. The taxable assessed value of property within the City for the 2007 tax year is $1,071,907,791, an increase of $40,285,882, or 3.91%, over the previous tax year. Property taxes make up 31.67% of the total revenues received by the General Fund. The City’s property tax rate is broken up into two components, a maintenance and operations (M&O) rate and a debt service rate. The M&O rate for fiscal year 2007-08 is 55.9 cents and the debt service rate is 20.5 cents per $100 of taxable assessed value. Revenue generated by the M&O rate is accounted for in the General Fund and is budgeted to be $338,073 higher than the amount budgeted for fiscal year 2006-07.