City of Midland, Texas Annual Operating Budget Fiscal Year 2021 Table of Contents City of Midland Demographics ........................................................................... 1-3 Major Revenues Descriptions ............................................................................. 36 Mayor & City Council ............................................................................................. 4 Revenue Administration & Overview ............................................................. 37-39 City of Midland Vision & Mission Statement ......................................................... 5 Personnel Position Control .................................................................................. 40 SECTION I: INTRODUCTION AND OVERVIEW SECTION IV: CAPITAL AND DEBT Proposed Budget vs. Adopted Budget Changes ................................................... 7 FY 2021 Capital Expenditures .............................................................................. 42 Proposed Budget Message ............................................................................... 8-17 FY 2021 Capital Projects Funded .................................................................... 43-45 Comparative Revenues & Expenditures (ALL Funds) .......................................... 18 Capital Funding Process ................................................................................. 46-47 Property Tax ....................................................................................................... 19 Debt Issuance & Management ....................................................................... 48-49 Assessed Valuation Graph .................................................................................. 20 SECTION V: DEPARTMENTAL BUDGET DETAIL SECTION II: FINANCIAL STRUCTURE, POLICIES & General Fund ....................................................................................................... 51 PROCESS General Fund Expenditures (Pie Chart) ............................................................... 52 City Organizational Chart ................................................................................... 22 FY 2021 General Fund Budget Summary ............................................................. 53 Fund Structure & Descriptions ...................................................................... 23-24 General Fund Department & Account Summaries .............................................. 54 Financial Policies & Procedures ..................................................................... 25-26 General Fund Revenue Detail .............................................................................. 55 Basis of Budgeting .............................................................................................. 27 City Council (Legislative) ...................................................................................... 56 Budget Process .............................................................................................. 28-30 City Manager .................................................................................................. 57-59 FY 2021 Budget Calendar .................................................................................... 31 Municipal Court .............................................................................................. 60-61 City Attorney (Legal) ............................................................................................ 62 SECTION III: FINANCIAL SUMMARIES City Secretary ...................................................................................................... 63 FY 2021 City of Midland Budget (Consolidated Budget Summary) ..................... 33 Administrative Services .................................................................................. 64-65 Fund Balance ....................................................................................................... 34 Communication & Information Systems (CISD) ............................................. 66-67 Major Revenues (Pie Chart) ................................................................................ 35 Finance ........................................................................................................... 68-69 Table of Contents General Services ............................................................................................. 70-71 Internal Service Funds ...................................................................................... 109 Development Services .................................................................................... 72-74 Garage Fund ............................................................................................... 110-112 Engineering Services ...................................................................................... 75-77 Technology Fund ............................................................................................... 113 Community Services ....................................................................................... 78-80 Risk Funds .......................................................................................................... 114 Police .............................................................................................................. 81-85 Special Revenue Funds ..................................................................................... 115 Fire ................................................................................................................. 86-88 Special Revenue Funds (revenue & expenditures) ..................................... 116-117 Non-Departmental & Interfund ........................................................................... 89 Debt Service Funds ........................................................................................... 118 Enterprise Funds ................................................................................................. 90 Debt Service (revenue & expenditures) ............................................................ 119 Water & Sewer Fund ...................................................................................... 91-96 Drainage Fund ..................................................................................................... 97 SECTION VI: APPENDIX Sanitation Fund ............................................................................................ 98-100 Glossary/Terms .......................................................................................... 121-123 Golf Course Fund ........................................................................................ 101-103 More Information .............................................................................................. 124 Airport Fund ............................................................................................... 104-107 Acknowledgments ............................................................................................. 125 Scharbauer Sports Complex Fund ..................................................................... 108 A QUICK INDEX: COMMON QUESTIONS ABOUT THE BUDGET Where is the City’s tax rate? .................................................................................................................................................................... ............................................ See page 19 What is the total budget of the City? ............................................................................................................................. ...................................................................... See page 18 What are the various sources of revenue? .................................................................................................................................... ...................................................... See page 35 How many employees work for the City? ....................................................................................................................................................... ..................................... See page 40 Where is information regarding the City’s debt? .......................................................................................................................................................................... See pages 48-49 What are some of the highlights of this year’s budget? ................................................................................................................................................................. See pages 7-17 Midland Demographics The history of Midland, Texas is rich and diverse. In 1880, the Texas The City is also proud to be the hometown of former First Lady Laura Pacific Railroad began to lay tracks westward from Fort Worth at about Bush and the former home of two U.S. Presidents, George H.W. Bush the same time that the Southern Pacific began building east from El and George W. Bush. Paso. The place where the tracks met became known as Midway. Later, the name was changed to Midland. Midland is located in the Permian basin in the plains of West Texas. With a population of 145,012, it is the 21st largest city in Texas and the 182nd largest city in the United States. Spanning over 75 square miles, Midland has a population density of 1,950 people per square mile. In its initial years, Midland was basically a small farming and ranching community. The discovery of oil in the Permian