PRESENTED TO CITY COUNCIL Jerry B. Dittrich, Mayor Renee Franklin, Place 2 Jim Wilson, Place 5 Larry Marshall, Place 3 Laura Mackey, Place 6 Dustin Phillips, Place 4 Ron Sauma, Place 7 PREPARED BY Andy Wayman, City Manager Jim Hinderaker, Assistant City Manager Rick Overgaard, Finance Director CITY OF BENBROOK FISCAL YEAR 2019-20 ANNUAL BUDGET CITY OF BENBROOK 2019-20 ANNUAL BUDGET TABLE OF CONTENTS SECTION ONE – INTRODUCTION “Truth in Taxation” Disclosure Requirements ................................................................................................................................................................. 9 Government Finance Officers Association Award for Distinguished Budget Presentation ............................................................................... 10 Key Administrative Officials ......................................................................................................................................................................................... 12 City of Benbrook Organizational Chart..................................................................................................................................................................... 13 Maps of Benbrook, Texas ............................................................................................................................................................................................. 14 Budget Format ................................................................................................................................................................................................................. 16 Fund/Department Relationships ................................................................................................................................................................................... 17 City Manager’s Budget Message ................................................................................................................................................................................ 20 City of Benbrook Goals ................................................................................................................................................................................................ 26 Core Value Statement ................................................................................................................................................................................................... 48 Basic Financial Goals ..................................................................................................................................................................................................... 51 Current Financial Condition ........................................................................................................................................................................................... 54 Debt Service .................................................................................................................................................................................................................... 56 Operating Funds Budget Proposal .............................................................................................................................................................................. 58 Budget Synopsis .............................................................................................................................................................................................................. 66 Approved Capital Expenditures .................................................................................................................................................................................. 92 Long-Range Financial Forecast .................................................................................................................................................................................... 93 SECTION TWO – STATISTICAL Fund Description– Operating Funds .......................................................................................................................................................................... 106 Combined Summary Statement – Operating Funds ............................................................................................................................................... 107 Operating Funds Ten Year Graphic Comparison of Revenues and Expenditures ........................................................................................... 109 Operating Funds Ten Year Comparison of Revenues and Expenditures ........................................................................................................... 110 Operating Funds Ten Year Comparison of Revenues by Source ........................................................................................................................ 112 Operating Funds Ten Year Comparison of Expenditures by Fund and Division ............................................................................................... 114 Operating Funds - Graphic Presentation - Operating Revenues ........................................................................................................................ 115 Operating Funds - Graphic Presentation - Operating Expenditures ................................................................................................................. 116 Ten Year Summary of Property Tax Levies and Collections ................................................................................................................................ 117 Ten Year Summary of Assessed Valuations ............................................................................................................................................................. 118 Ten Year Summary of Property Tax Rates and Exemptions ................................................................................................................................ 119 Ten Year Summary of Tax Revenues by Source ..................................................................................................................................................... 120 2 | Page CITY OF BENBROOK 2019-20 ANNUAL BUDGET Ten Year Summary of Personnel by Division and Department ............................................................................................................................ 121 Ten Year Summary of Employees Per Capita by Department ............................................................................................................................ 122 2018-19 Classification and Compensation Matrix ................................................................................................................................................ 123 SECTION THREE – GENERAL FUND Fund Balance Summary - General Fund ................................................................................................................................................................. 126 Ten Year Summary of Revenues and Expenditures .............................................................................................................................................. 127 Ten Year Graphic Comparison of Revenues and Expenditures .......................................................................................................................... 129 General Fund Revenues by Source - Detail ........................................................................................................................................................... 130 General Fund Revenues by Source- Graphic Presentation ................................................................................................................................. 134 Seven Year Summary of Revenues by Source ....................................................................................................................................................... 135 Seven Year Summary of Revenues by Source - Percent of Total....................................................................................................................... 136 Summary of Expenditures by Division and Department ...................................................................................................................................... 137 Summary of Expenditures by Division and Department – Graphic Presentation ............................................................................................ 139 Summary of Expenditures by Classification ........................................................................................................................................................... 140 Summary of Expenditures by Classification – Graphic Presentation ................................................................................................................ 141 GENERAL GOVERNMENT General Government Division Organizational Chart ........................................................................................................................................... 144 General Government Division Description .............................................................................................................................................................. 145 General Government Division Summary 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