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09/11/2017-CC-Agenda Packet-SpecialSANGER *TEXAS AGENDA CITY COUNCIL SPECIAL MEETING MONDAY, SEPTEMBER 11, 2017 6:00 PM 502 ELM STREET SANGER, TEXAS 1. Call Meeting to Order, Invocation, Pledge of Allegiance. 2. Citizens Input: (Citizens are allowed 3 minutes to speak. The City Council is unable to respond or to discuss any issues brought up during this section). 3. CONSENT AGENDA: a) Approval of Minutes: 1. City Council Work Session, September 5, 2017 2. Regular City Council Meeting, September 5, 2017 b) Approve Appointing Open Park Board Position, Place 5 to Kelsey Stuart c) Disbursements 4. Consider any Items Removed from Consent Agenda. REGULAR AGENDA 5. Consider, Discuss and Possibly Authorize Soliciting Bids for Construction of Water and Sewer Lines Along 1-35 From Lois Road to View Road. 6. Consider, Discuss and Possibly Approve Contract Amendment #1 with Perkins Engineering Consultants, Inc. to Provide Professional Services to Update the Water and Wastewater System Capital Improvement Plan Prepared in 2010 at an Additional Amount of $15,000 Revising the Original Contract Amount of $32,800 to a Total Amended Contract Amount of $47,800. 7. Consider, Discuss and Possibly Approve Ordinance #09-29-17 Adopting the Budget, Providing for the Appropriation of Funds for Operating and Capital Expenditures by Fund for the Fiscal Year Beginning October 1, 2017 and Ending September 30, 2018 and Providing for the Intra and Inter Departmental Fund Transfers. 8. Consider, Discuss and Possibly Approve Ordinance #09-28-17 - Levying a Tax Rate for the General Government for Fiscal Year 2017-2018 at a Rate of $0.6795 per $100 Assessed Valuation. 9. Consider, Discuss and Possibly Approve Ordinance #09-30-17 - Approving the 2017 Tax Roll. 10. INFORMATION ITEMS a) Financial and Investment Report —July 2017 b) Capital Projects —As of August 31, 2017 11. ADJOURN. I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the bulletin board, at the City Hall of the City of Sanger, Texas, a place convenient and readily accessible to the general public at all times, and said no ice was posted on the following date and time:& m. and shall remain posted until meeti g is adjourned. Cheryl P ice ity Secretary City of Sanger, Texas This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary's office at (940) 458-7930 for further information. CITY OF SANGER, TEXAS MINUTES: CITY COUNCIL WORK SESSION September 5, 2017, 6:00 PM 502 Elm Street, Sanger, Texas COUNCIL MEMBERS PRESENT: Mayor Thomas Muir, Councilman Bill Boutwell, Councilman David Clark, Councilman Allen Chick, Councilman Lee Allison COUNCIL MEMBERS ABSENT: Councilman Gary Bilyeu The Mayor and Four (4) Council Members Were Present Constituting a Quorum. STAFF MEMBERS PRESENT: Mike Brice City Manager, Cheryl Price City Secretary, Alina Ciocan Director of Economic and Development Services 1. Call Meeting to Order. The Work Session was called to order on Tuesday September 5th, 2017 at 6:04 p.m. 2. EXECUTIVE SESSION: CLOSED MEETING Pursuant to the Open Meetings Act, Chapter 551, the City Council Will Meet in a Closed Executive Session in Accordance With the Texas Government Code: Section 551.087 Deliberation Regarding Economic Development — Economic Development Incentives Council Convened into Closed Executive Session at 6:05 p.m. 3. RECONVENE: OPEN MEETING Any Action Taken. Council Reconvened at 6:55 p.m. No Action was taken. 4. Overview of Items on Regular Agenda. There was no discussion on items on the Regular Agenda. S. Adjourn. There being no further discussion, Mayor Muir Adjourned the Work Session at 6:55 p.m. CITY OF SANGER, TEXAS MINUTES: REGULAR CITY COUNCIL MEETING September 5, 2017, 7:00 p.m. 502 Elm Street, Sanger, Texas COUNCIL MEMBERS PRESENT: Mayor Thomas Muir, Councilman Bill Boutwell, Councilman David Clark, Councilmember Allen Chick, Councilman Lee Allison COUNCIL MEMBERS ABSENT: Councilman Gary Bilyeu The Mayor and Four (4) Council Members Were Present Constituting a Quorum. STAFF MEMBERS PRESENT: Mike Brice City Manager, Cheryl Price City Secretary, 1. Call Meeting to Order, Invocation, Pledge of Allegiance. The Regular City Council Meeting was called to order by Mayor Muir on Monday, September 5th, 2017 at 7:03 p.m. The Invocation was given by Councilman Allison, and The Pledge of Allegiance was led by Councilman Boutwell. 2. Citizens Input: (Citizens are allowed 3 minutes to speak. The City Council is unable to respond or to discuss any issues brought up during this section). Idaleene Scheu Fuqua, Denton Texas was recognized. She noted she no longer lived in Sanger, but her heart is still here. She wanted to give "food for thought" regarding her concerns on the widening of FM 455 and the railroad crossing. She noted concern regarding the long trains going across the road and blocking any emergency vehicles from getting to the area on the other side of the tracks. She noted the High School and all of the homes they were building there. She suggested that TxDOT should build the track going over or under FM 455 for safety concerns. She also told the story of the train photo that she took as a child which the Historical Society uses on its correspondence, and is also displayed in the city hall lobby. Steve Felkner, 703 N. 5th Street was recognized and noted his concern of the recent sidewalks that were put in along 5th Street at Plum. He noted that he believes the sidewalk was poured above grade. He said it has caused extra water and ponding on his property, it needs guard rails, and is a trip hazard. He wanted to know who funded the project, who drew up the plans for the project, and if there was an environmental study done. Staff noted that he could file on open records request for the information he is requesting. He noted his concern if someone got injured on the sidewalk in front of his property, that he would be sued. 3. CONSENT AGENDA: a) Approval of Minutes: 1. City Council Work Session, August 21, 2017 2. Regular City Council Meeting, August 21, 2017 b) Disbursements There were a few questions from Council Members regarding disbursements. Two Motions were made for the Consent Agenda so Councilman Allison could vote on the Disbursements. He abstained from voting on the Minutes because he was not at the last meeting. A Motion was made by Councilman Boutwell approving Consent Agenda Item (a) - the Work Session and Regular Session Minutes for the August 21, 2017 Meeting as presented. Motion was seconded by Councilman Clark. Motion carried with three (3) Councilmembers in favor - Councilman Allison Abstained because he was not present at the last meeting. Councilman Bilyeu was absent. A Motion was made by Councilman Boutwell approving Consent Agenda Item (b) Disbursements as presented. Motion was seconded by Councilman Clark. Motion carried unanimously with a 4-0 vote (Councilman Bilyeu Absent) 4. Consider any Items Removed from Consent Agenda. None. REGULAR AGENDA 5. Legislative Update from State Representative Pat Fallon and Presentation of Gavel to Blake Pyron From Governor Greg Abbott. This item was moved to the last item on the agenda. Pat Fallon called Mrs. Pyron during the meeting and advised there was a mix up on his calendar and he would have this rescheduled. Mayor Muir noted that Blake Pyron got a big announcement at the legislature and invited Blake to the Podium. Blake noted he met Governor Greg Abbott and went on the house floor and opened the session using the gavel. He demonstrated how he did it using the Mayor's gavel. He noted he met Speaker Paul Ryan, Ted Cruze, Congressman Burgess and is going to New York to be at times Square and In October going back to Washington DC for a Leadership Conference and there are rumors that he may meet a "big guy" there. Mayor Muir told Blake that we were excited for him and that he has been a good spokesperson for the City of Sanger. 6. Proclamation for United Way of Denton County declaring September 2017 Live United Month. Gary Henderson, CEO United Way of Denton County and Teddy Yen, Director of Marketing and Outreach were introduced. Mr. Henderson noted he wanted to thank Mayor Muir, Councilman Chick and City Manger Brice personally. He noted that the City is so supportive and they very much appreciate getting to work with the community. The time that they spent volunteering every year to do income tax and, the Mayor's time spent on the Denton County Homelessness Leadership Team. He advised that the work they do in United way is meant to be countywide and he wanted to thank everyone personally. Mayor Muir read the Proclamation declaring September 2017 Live United Month. A Motion was made by Councilman Allison to Approve the Proclamation declaring September 2017 Live United Month. The Motion was seconded by Councilman Clark. The Motion carried unanimously with a 4-0 Vote (Councilman Bilyeu absent). 7. Conduct the Second Public Hearing on a Proposal to Increase Total Tax Revenues from Properties on the Tax Roll in the Preceding Year by 8.49% With the Proposed Tax Rate of $0.6791 per $100 of Assessed Valuation (Total Tax Rate Reduced $0.0004 from Preceding Year's Tax Rate of $0.6795 per $100). Schedule and Announce Meeting Date and Time to Adopt Tax Rate (3-14 Days from this Date). Mayor Muir opened the Public Hearing at 7:26 p.m. and solicited anyone who wished to speak. No citizens approached the podium. There being no one who wished to speak, Mayor Muir closed the Public Hearing at 7:27 p.m. A Motion was made by Councilman Clark to set the Meeting Date and Time to Adopt the Tax Rate for Monday September 11th 2017 at 6:00 p.m. Motion was seconded by Councilman Boutwell. Motion carried unanimously 4-0 (Councilman Bilyeu absent). 8. INFORMATION ITEMS No Items. 9. ADJOURN. There being no further items, Mayor Muir adjourned the meeting at 7:31 p.m. 7-' w -'k " a )wj) -00(2 L-�- -5 BOARD AND COMMISSION APPLICATION NAME: 1 v�GY�G DATE: o 2-:5 ZC�� ADDRESS: HOME PHONE: `� BUSINESS PHONE: V30". '• - CELL PHONE: () - EMAIL: OCCUPATION: (if retired, describe former occupation or profession) PRIOR SERVICE ON A CITY BOARD/COMMISSION? YES NO IF YES, PLEASE DESCRIBE: PLEASE NUMBER EACH BOARD/COMMISSION YOU ARE INTERESTED IN SERVING ON WITH 1 FOR FIRST PREFERENCE, 2 FOR SECOND PREFERENCE, ETC., LEAVE BLANK ANY BOARD/COMMISSION YOU WOULD NOT LIKE TO BE CONSIDERED FOR. BOARD OF ADJUSTMENT HISTORIC PRESERVATION COMMISSION KEEP SANGER BEAUTIFUL BOARD LIBRARY BOARD PARKS BOARD PLANNING AND ZONING COMMISSION r 4A BOARD 4B BOARD OTHER FICATIONS INCLUDING PROFESSIONAL AND/OR COMMUNITY ACTIVITIES THAT A GOOD CANDIDATE FOR THE ABOVE POSITION(S): _l_ m� Cs� �}�S ACM - 2C , t.,A1 ,4, tYN�Au kA Cwk"3 MMV 'AVJI\A-� , Tim CUXy'cx 1j 0. UWT S;-kxAn - 'm my) Sux�;oY u�ecvl Pv KSU 1 o. A'2cyev- t r\rti-- Do you understand that attendance and active support is required for each appointee? Yes ElNo Signature Date: C&zs lh-- dt T RETURN COMPLETED APPLICATION TO: Office of the City Secretary City of Sanger PO Box 1729 - 502 Elm Street Sanger, Texas 76266 This information will become a public record. 0 PERKINS ENGINEERING C0I--JSULTANTS,INC. CONTRACT AMENDMENT #001 Client: City of Sanger PECI Project No.: SAN 16-002 506 Elm Street Sanger, TX 76266 Client Contract Ref.: Date: August 30, 2017 Attn: Mr. Mike Brice Project Description: Provide Professional Services to update the Water and Wastewater System Capital Improvement Plan prepared in 2010 Description of Services Added/Deleted: Perkins Engineering Consultants, Inc. (PECI) will provide the following additional services related to this project in accordance to the Agreement for Professional Services dated June 20, 2016. 1. Add new and proposed subdivisions and developments to GIS maps. 2. Revised the water system hydraulic analysis based on the new subdivisions and developments added to the Sanger GIS maps. 3. Revise the Capital Improvement Plan based on the subdivision and development additions. Compensation shall be adjusted as follows: Compensation for services described above shall be invoiced on a time and expenses basis not to exceed Fifteen Thousand Dollars and No cents ($15,000). If PECI sees the Scope of Services changing so that additional services are needed, including but not limited to those services described as Additional Services in the Prime Agreement, PECI will notify the CLIENT for approval before proceeding. Additional Services shall be computed based on the Schedule of Charges. Original Contract $ 32,800 Previous Amended Amount $ 0.00 Current Amendment $ 15,000 Revised Total Contract $ 47,800 Schedule shall be adjusted as follows: PECI is authorized to commence work on the Project upon execution of this agreement and agrees to complete the services in a timely manner in accordance to the schedule provided by the Client. Based on the latest changes to the project, PECI will complete these services in order to meet the deliverable milestones established by the Client. The described services shall proceed upon return of this Contract Change Authorization. Services will be billed as they are completed. All other provisions, terms, and conditions of the agreement for services which are not expressly amended shall remain in full force and effect. ❑ A contract modification will be submitted. ® This Contract Amendment will serve as the contract modification. PERKINS ENGINEERING CONSULTANTS, INC.: CLIENT: City of Sanger BY: BY: Mark A. Perkins, P.E. Print or Type Name Print or Type Name TITLE: President TITLE: DATE: 8/30/2017 DATE: 6011 INTERSTATE 20 W, SUITE 219 1 ARLINGTON, TEXAS 76017 1 TELEPHONE: 817-719-0372 1 FAX: 817-719-0122 ORDINANCE #09-29-17 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, ADOPTING THE BUDGET PROVIDING FOR THE APPROPRIATION OF FUNDS FOR OPERATING AND CAPITAL EXPENDITURES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018, PROVIDING FOR THE INTRA AND INTER DEPARTMENT AND FUND TRANSFERS, PROVIDING FOR UNEXPECTED REVENUES SUCH AS GRANTS, DONATIONS, AND INSURANCE PROCEEDS, PROVIDING FOR AN EFFECTIVE DATE, AND PROVIDING FOR APPROVAL OF THE INVESTMENT POLICY. WHEREAS, pursuant to the laws of the State of Texas and the City Charter, the budget covering proposed expenditures for the fiscal year beginning October 1, 2017 and ending September 30, 2018 was filed with the City Secretary; and WHEREAS, budget workshops were conducted by the City Council on the proposed budget at which time the proposed budget was fully considered; and WHEREAS, in accordance with the provisions of the City Charter and the Local Government Code, the City Council of the City of Sanger, Texas published notice of public hearing on the budget on August 10, 2017 and conducted a public hearing on August 21; and WHEREAS, Chapter 2256 of the Texas Government Code, commonly known as the "Public Funds Investment Act," requires the City to review its investment policy and investment strategies not less than annually; and WHEREAS, the Public Funds Investment Act requires the governing body to adopt a written instrument by rule, order, ordinance, or resolution stating that it has reviewed the investment policy and investment strategies and that the written instrument shall record any changes made to either the investment policy or investment strategies; and WHEREAS, the attached City of Sanger Investment Policy is in compliance with the Public Funds Investment Act and requires no changes to either the investment policy or investment strategies; and WHEREAS, The City has implemented Governmental Accounting Standards Board Statement 54, Fund Balance Reporting and Governmental Fund Type Definitions (GASB 54) and Fund balance categories under GASB 54 are Nonspendable and Spendable and classifications under the Spendable category are Restricted, Committed, Assigned, and Unassigned and these classifications reflect not only the nature of funds, but also provide clarity to the level of restriction placed upon fund balance. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS: Section 1. That the City Council adopts the budget for the City of Sanger, Texas, a copy of which is on file in the office of the City Secretary and which hereinafter referred to as the "Budget" for the fiscal year beginning October 1, 2017 and ending September 30, 2018. Section 2. That the budget presented by the City Council and reviewed during the public hearing is hereby approved and adopted for the Fiscal Year 2017-2018. General Fund $ 7,004,033 Debt Service Fund $ 891,013 Enterprise Fund $12,134,354 Internal Service Fund $ 1,839,587 4A Fund $ 251,324 413 Fund $ 787,500 Capital Projects Fund $ 1,167,185 Enterprise Capital Project Fund $ 4,723,054 Special Revenue Funds $ 39,322 Section 3. That the City Manager be authorized to make intra and inter department fund transfers during the fiscal year as becomes necessary in order to avoid over expenditure of any departments total budget. Section 4. That the City Manager be authorized to increase the budget for items received during the year that have a corresponding revenue and expenditure such as Grants, Donations, and Insurance Proceeds received for property damage. Section 5. That the City Manager be authorized to sign contracts under $50,000 for services and projects authorized in the budget. Section 6. That the City of Sanger has complied with the requirements of the Public Funds Investment Act and the City Council has reviewed the investment policy and investment strategies and there are no changes to either the investment policy or investment strategies. Section 7. In circumstances where an expenditure is to be made for a purpose for which amounts are available in multiple fund balance classifications, the order in which resources will be expended is as follows: restricted fund balance, followed by committed fund balance, assigned fund balance, and lastly unassigned fund balance. When it is appropriate for fund balance to be assigned, the City Council hereby delegates the authority to the City Manager. The following fund balances are committed: Equipment Replacement Funds, Library Building Expansion Funds, Beautification Board Funds, all Donated Funds, and Capital Projects Funds. Section 8. This ordinance is effective immediately upon its adoption. PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger, Texas on this 11th day of September 2017. Thomas E. Muir, Mayor ATTEST: Cheryl Price, City Secretary ORDINANCE #09-28-17 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, LEVYING A TAX RATE FOR THE GENERAL GOVERNMENT FOR THE FISCAL YEAR 2017-2018 AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Sanger finds that a tax rate of $0.6791 per $100 valuation for the Fiscal Year 2017-2018, hereinafter levied for current expenses of the City and general improvements of the City and its property, must be levied to provide the revenue requirements of the budget for the ensuing year; and WHEREAS, all statutory and constitutional requirements for the levy and assessment of ad valorem taxes have been completed in due and correct time and all requirements of the Sanger Charter have been met; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS: SECTION 1: That the City Council does hereby levy and adopt the tax rate on $100 assessed valuation for the City for maintenance and operation of the City government for the tax year 2017- 2018, as follows: $0.563531/$100 SECTION 2: That the City Council does hereby levy and adopt the tax rate on $100 assessed valuation for the City for debt service for City government for the tax year 2016-2017 as follows: $0.115569/$100 SECTION 3: This ordinance is effective upon its adoption. PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger, Texas on this 11th day of September 2017. Thomas E. Muir, Mayor ATTEST: Cheryl Price, Deputy City Secretary ORDINANCE #09-30-17 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, APPROVING THE 2017 TAX ROLLS AND PROVIDING AND EFFECTIVE DATE: THE COUNCIL OF THE CITY OF SANGER HEREBY ORDAINS: SECTION 1. The City Council hereby approves the 2017 tax rolls of the City of Sanger, Texas, as certified by the Appraisal Review Board of the Denton Central Appraisal District, which, with amounts of tax as approved by the governing body, will result in a tax levy in the amount of $3,911,469 based on the Certified Appraisal Roll. SECTION 2: This ordinance is effective upon its adoption. PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger, Texas on this 11th day of September 2017. Thomas E. Muir, Mayor ATTEST: Cheryl Price, City Secretary -filigmuT ul noLl ]in "V k4l BANGER * T E X A S July 31, 2017 For the ten months ending July 31, 2017 (83% of the fiscal year), the General Fund has collected 96% of revenues. Expenditures are 75% of budget. For the ten months ending July 31, 2017 (83% of the fiscal year), the Enterprise Fund collected 77% of revenues. Actual Enterprise Fund expenditures are 82% of budget. Salaries & Benefits Supplies & Materials Maintenance & Operations Contract Services Utilities Capital Expenses Debt Service Other Department Expense Transfers Total All categories are tracking within budget. Expenditures by Classification Budget Actual Percent of Budget $ 5,201,863 $ 3,926,961 75% 492,645 406,613 83% 7,239,478 5,975,235 83% 1,422,360 1,261,465 89% 543,964 408,172 75% 595,822 451,302 76% 1,452,919 1,110,803 76% 133,282 35,089 26% 1,126,800 1,072,290 95% $ 18,209,133 $ 14,647,930 80% Page 1 of 9 CITY OF SANGER, TEXAS GENERAL FUND REVENUE & EXPENDITURES July 31, 2017 OVER (UNDER) REVENUE - GENERAL FUND YTD ACTUAL BUDGET BUDGET Property Taxes $ 2,936,113 $ 2,844,518 $ 91,595 Sales & Beverage Taxes 714,160 805,000 (90,840) Franchise Fees 752,728 901,565 (148,837) Solid Waste 649,684 748,500 (98,816) Licenses & Permits 168,424 130,100 38,324 Fines & Forfeitures 81,411 140,000 (58,589) Department Revenues 595,536 674,204 (78,668) Interest & Miscellaneous 146,285 81,500 64,785 TOTAL REVENUE 6,044,341 6,325,387 (281,046) ACTUAL % OF BUDGETED REVENUE 96% (OVER) UNDER EXPENDITURES - GENERAL FUND YTD ACTUAL BUDGET BUDGET Administration 383,000 462,045 79,045 Police & Animal Control 1,213,290 1,670,743 457,453 Fire & Ambulance 823,452 1,206,529 383,077 Municipal Court 141,037 241,728 100,691 Development Services 216,620 280,235 63,615 Streets 441,748 580,139 138,391 Parks & Recreation 509,901 637,376 127,475 Library 222,499 278,751 56,252 Solid Waste 595,308 700,000 104,692 TOTAL EXPENDITURES 4,546,855 6,057,546 1,510,691 REVENUE OVER (UNDER) EXPENDITURES 1,497,486 267,841 1,229,645 OTHER FINANCING SOURCES (USES) Transfer In 272,369 342,999 (70,630) Transfer Out (550,000) (550,000) TOTAL OTHER SOURCES (USES) (277.631) (207,001) (70,630) CHANGE IN FUND BALANCE 1,219,855 60,840 1,159,015 FUND BALANCE - BOY 1,745,609 1,745,609 - FUND BALANCE- EOY $ 2,965,464 $ 1,806,449 $ 1,159,015 ACTUAL % OF BUDGETED EXPENDITURES 75% GENERAL FUND REVENUE -i YTD Actual PERCENTAGE OF ACTUAL TO ANNUAL BUDGET a Budget Property Taxes 103% -- - - --- - --r------ Sales & Beverage Taxes r _ 89% Franchise Fees 83% Solid Waste 87% Other Revenues 97% ■ 0% 25% 50% 75% 100% GENERAL FUND EXPENDITURES LiYTD Actual PERCENTAGE OF ACTUAL TO ANNUAL BUDGET oBudget Administration 83% Police & Animal Control 73% Fire & Ambulance 68% Municipal Court 58% Development Services 77% Streets 76% Parks & Recreation 80% Library 80% Solid Waste 85% 0% 25% 50% 75% 100% Page 2 of 9 REVENUE -ENTERPRISE FUND Water Wastewater Electric Penalties & Fees Interest Miscellaneous TOTAL REVENUE ACTUAL % OF BUDGETED REVENUE EXPENDITURES - ENTERPRISE FUND Administration Water Wastewater Electric Debt Service TOTAL EXPENDITURES REVENUE OVER (UNDER) EXPENDITURES OTHER FINANCING SOURCES (USES) Transfer to General Fund Transfer to 4A Transfer to WW CIP Reserve Transfers to Storm Recovery Fund Transfer to General Fund - PILOT TOTAL OTHER SOURCES (USES) CHANGE IN FUND BALANCE FUND BALANCE- BOY FUND BALANCE - EOY ACTUAL % OF BUDGETED EXPENDITURES CITY OF SANGER, TEXAS ENTERPRISE FUND REVENUE & EXPENDITURES July 31, 2017 OVER (UNDER) YTD ACTUAL BUDGET BUDGET $ 1,391,579 $ 1,740,000 $ (348,421) 1,376,505 1,700,000 (323,495) 6,077,050 8,087,500 (2,010,450) 159,795 210,000 (50,205) 12,390 15,000 (2,610) 34,247 42,000 (7,753) 9,051,566 11,794,500 (2,742,934) 77% (OVER) UNDER YTD ACTUAL BUDGET BUDGET 893,665 1,078,104 184,439 1,125,071 1,334,749 209,678 615,632 628,574 12,942 5,472,656 6,766,493 1,293,837 966,325 1,216,867 250,542 9,073,349 11,024,787 1,951,438 (21,783) 769,713 (791,496) (150,000) (150,000) (25,000) (25,000) (141,667) (156,800) 15,133 (134,792) (160,000) 25,208 70,833 85,000 14,167 522,292 576,800 54,508 (544,075) 192,913 (736,988) 3,982,069 3,982,069 - $ 3,437,994 $ 4,174,982 $ (736,988) 82% ENTERPRISE FUND REVENUES u YTD Actual PERCENTAGE OF ACTUAL TO BUDGET a Budget Water 80% Wastewater_ 81% T Electric 75% Other Income 77% 0% 25% 50% 75% 100% ENTERPRISE FUND EXPENDITURES LiYTD Actual PERCENTAGE OF ACTUAL TO BUDGET 0 Budget i I I Administration 83% Water 84% i Wastewater 98% Electric 81 % Debt Service 79% i 0% 25% 50% 75% 100% Page 3of9 Cash for Operations Contingency Reserves for Operations TOTAL UNRESTRICTED RESTRICTED: Debt Service Water Deposits Equipment Replacement Electric Storm Recovery Hotel Occupancy Tax Grant Funds Keep Sanger Beautiful (KSB) Library Court Security Court Technology Child Safety Fee Donations TOTAL RESTRICTED CAPITAL PROJECTS: General Capital Projects Enterprise Capital Projects TOTAL CAPITAL PROJECTS TOTAL CASH AND INVESTMENTS Total Cash & Investments CITY OF SANGER, TEXAS CASH AND INVESTMENTS July 31, 2017 General Fund Enterprise Fund Debt Service Fund Capital Projects Fund Total $ 2,562,580 $ 10,176,540 $ $ $ 12,739,120 1,011,687 1,009,270 2,020 957 $ 3,574,267 $ 11,185,810 $ $ $ 14,760,077 $ - $ 1,655,283 $ 695,691 $ $ 2,350,974 - 407,889 - 407,889 209,554 110,529 320,083 - 776,262 776,262 24,610 - 24,610 4,326 4,326 5,526 5,526 86,133 86,133 8,060 8,060 568 568 18,904 18,904 9,428 - - $ 367,109 $ 2,949,963 $ 695,691 $ $ 4,003,335 $ $ $ $ 618,148 $ 618,148 7,573,778 7,573,778 $ $ $ $ 8,191,926 $ 8,191,926 $ 3,941,376 $ 14,135,773 $ 695,691 $ 8,191,926 $ 26,955,338 Unrestricted Contingency Reserves for Operations,14% h for Operations, 0as, 86% Restricted Water Deposits 10% Debt Servic�M!Replacement Equipment 59% 8 /o Enterprise Capital Electric Storm Projects Recovery 92% Other 19% Capital Projects 4% General Capital Projects... Page 4 of 9 GENERALFUND Cash and Investments July 31, 2017 Name Acct. # Maturity Yield* Prior Period Current Balance Restricted Pooled Cash 001-00-1000 0.05% $ 2,617,956 $ 2,348,436 Employee Benefits Cash 110-00-1000 0.20% 20,802 20,802 Employee Benefits MM 110-00-1010 0.20% 28,752 28,946 Internal Service Fund 180-00-1000 24,737 164,396 OPERATING ACCOUNTS ' ' $ A92;247 $ 2,562,580 GF Contingency Reserve MM 2487969 001-00-1031 0.20% $ 593,755 $ 593,856 GF Contingency Reserve CD Prosperity 001-00-1039 4/26/2018 0.55% 207,430 207,817 GF Contingency Reserve CD 674907 001-00-1043 7/13/2018 0.45% 209,936 210,014 CONTINGENCY RESERVE $ 1,Q11,121 $ 1,011687 GF Equipment Replacement MM 2376237 001-00-1032 0.20% $ 145,992 $ 146,442 Y GF Equipment Replacement CD 719706 001-00-1033 7/6/2018 0.45% 63,089 63,112 Y EQUIPMENT REPLACEMENT RESERVES $ 209,081 $ 209554 Hotel Occupancy Tax 050-00-1000 $ 18,060 $ 24,610 Y Police Grant Fund 320-00-1000 $ 4,326 $ 4,326 Y Fire Grant Fund 324-00-1000 $ 16,896 $ 17,646 Y Beautification Board - KSB 432-00-1000 5,526 5,526 Y Library Restricted for Building Expansion 442-00-1000 34,354 35,104 Y Library Building Expansion CD 702994 442-00-1035 1/22/2018 0.45% 51,010 51,029 Y Court Security Restricted Fund 470-00-1000 7,935 8,060 Y Court Technology Restricted Fund 471-00-1000 401 568 Y Child Safety Fee Fund 475-00-1000 18,904 18,904 Y Police Donations 620-00-1000 717 717 Y Fire Donations 624-00-1000 4,800 4,800 Y Banner Account for Parks 632-00-1000 2,536 2,536 Y Library Donations 642-00-1000 1,375 1,375 Y OTHER $ 166,840 $ ; 175201 TOTAL CASH AND INVESTMENTS $ 4,079,289 $ 3,959,022 TOTAL UNRESTRICTED $ 3,703,368 <$ 3,574267 Page 5 of 9 ENTEPRISE FUND Cash and Investments July 31, 2017 Name Acct. # Maturity Yield Prior Period Current Balance Restricted Pooled Cash 008-00-1010 0.05% $ 9,913,449 $ 10,176,540 OPERATING ACCOUNTS $ 9,913,449 $ 10,176,540 Pooled Cash Water Deposit CD 2375850 008-00-1010 008-00-1041 1/3/2018 0.05% 0.45% $ 111,658 300,000 $ 107,889 300,000 Y Y WATER DEPOSIT REFUND ACCOUNT' $ :411,658 $ 407,889 Combined EF Debt Service MM 2376113 008-00-1039 0.20% 1,575,017 1,655,283 Y BOND.FUNDS $ 1;575,017 $ 1,655,283 EF Contingency Reserve MM 2809753 EF Contingency Reserve CD 787860 EF Reserve CD 642541 008-00-1012 008-00-1014 008-00-1040 2/17/2018 3/25/2018 0.20% 0.45% 0.45% $ 592,287 311,455 105,273 $ 592,388 311,570 105,312 "CONTINGENCYRESERVES 1,009,270 i EF Storm Recovery MM- 2% Electric Rev EF Equipment Replacement MM 2376202 008-00-1033 008-00-1034 0.20% 0.20% 762,653 $ 110,153 776,262 $ 110,529 Y Y Page 6 of 9 Cash and Investments July 31, 2017 Name Acct. # Yield Prior Period Current Balance Restricted Pooled Cash 003-00-1000 0.05% $ 924,278 $ 638,689 Y DSF Money Market 2376105 003-00-1010 0.20% 56,992 57,002 Y GENERAL CAPITAL PROJECTS FUND Name Acct. # Maturity Yield Prior Period Current Balance Restricted Pooled Cash 004-00-1000 0.05% $ 1,290,689 $ 618,148 Y ENTERPRISE CAPITAL PROJECTS FUND Name Acct. # Maturity Yield Prior Period Current Balance Restricted Sewer Capital Improvements MM-10% Rev Sewer CapitalReserve MM 2380226 Tap Fees 840-00-1020 840-00-1038 0,20% $ 0.20% 512,393 $ 1,623,457 526,646 - 1,543,326 ` Y Y SEWER CAPITAL RESERVE -'TAP FEES $ ' ' 2,135,"8$0 $ 2,069;972 Y Water Capital Reserve MM 2376156 Pooled Cash General CIP Money Market 2674823 840-00-1037 840-00-1000 840-00-1013 0.20% $ 0.05% 0.05% 832,794 $ 2,913,974 2,052,580 774,429 2,676,710 2,052,667 Y Y Y Page 7 of 9 4A FUND Cash and Investments July 31, 2017 Name Acct. # Maturity Yield Prior Period Current Balance Restricted Pooled Cash 41-00-1000 0.05% $ 918,062 $ 194,320 Y Cash NOW 900020693 Prosperity 41-00-1010 0.05% 458,257 453,190 Y 4A MM 902551273 Prosperity 41-00-1012 0.20% 468,658 468,798 Y Sanger TX Ind Corp CD 486639 41-00-1013 10/2/2017 0,25% 94,443 94,443 Y TOTAL CASH AND INVESTMENTS $ 1,939,420 ; $ 1,210,751 4B FUND Cash and Investments July 31, 2017 Name Acct. # Maturity Yield Prior Period Current Balance Restricted Pooled Cash 42-00-1000 0.05% $ 422,788 $ 458,498 Y Cash MM 2379694 42-00-1010 0.05% 189,594 189,602 Y 413 CD 653500 42-00-1013 4/3/2018 0.45% 21,692 21,700 Y 413 CD 659924 42-00-1014 5/12/2018 0.45% 21,447 21,455 Y 48 CD 664243 42-00-1015 6/5/2018 0.45% 21,536 21,544 Y 48 CD 673277 42-00-1016 8/9/2017 0.45% 21,485 21,493 Y 4B CD 686115 42-00-1017 8/14/2017 0.45% 21,433 21,441 Y 413 CD 689521 42-00-1018 9/11/2017 0.45% 21,350 21,358 Y 4B CD 694371 42-00-1019 10/14/2017 0.45% 21,428 21,436 Y 413 CD 697230 42-00-1020 11/17/2017 0.45% 21,545 21,553 Y 4B CD 699934 42-00-1021 12/18/2017 0.45% 21,465 21,473 Y 4B CD 702285 42-00-1022 1/31/2018 0.45% 21,276 21,283 Y 413 CD 706078 42-00-1023 2/19/2018 0.45% 21,183 21,191 Y 4B CD 720097 42-00-1024 2/9/2018 0.45% 20,948 20,956 Y 4B CD 720119 42-00-1025 11/9/2017 0.45% 20,972 20,980 Y TOTALCASH AND INVESTMENTS $ ,, 890,142; $ 925,953' Page 8 of 9 CITY OF SANGER, TEXAS INVESTMENT REPORT July 31, 2017 The Monthly Investment Report is in full compliance with the objectives, restrictions, and strategies as set forth in the City of Sanger's Investment Policy and Texas Government Code 2256.023, the Public Funds Investment Act (PFIA). The City only invests in Money Market accounts and Certificates of Deposit. Interest is paid monthly on all accounts. Therefore, book value and market value are the same and the City does not have accrued interest on its investments. Ethics Disclosure and Conflicts of Interest In accordance with the PFIA, investment officers are required to file a disclosure statement with the Texas Ethics Commission and the governing body if: a. the officer has a business relationship with a business organization offering to engage in an investment transaction with the City (as defined in 2256.005 (1) (1-3); or b. the officer is related within the second degree by affinity or consanguinity, as determined under Chapter 573 of the Texas Government Code, to an individual seeking to transact investment business with the entity. PFIA 2256,005 (1). Mike Brice has a relationship with First United Bank that consists solely of a personal checking and savings account and a home mortgage. Clayton Gray Finance Director Page 9 of 9 Mike Brice City Manager CITY OF SANGER CAPITAL PROJECTS As of August 31, 2017 Project Number C001 Project Description McReynolds Road Reconstruction $ Engineering Budget 437,919 Actual $ to Date 429,090 $ Construction Budget 6,275,332 Actual $ to Date 1,692,064 Actual $ Other to Date 125,619 ctua $ Totals to Date 2,246,773 E001 Phase I: West 135 Water/ Wastewater Line $ 124,864 $ 115,874 $ 540,562 $ 536,400 $ 11,163 $ 663,437 E002 Phase II: East 135 Water/Wastewater Line $ 151,516 $ 116,660 $ 1,549,118 $ 1,171,434 $ 59,729 $ 1,347,824 E003 View Road Line Extension $ 83,587 $ 146,321 $ 2,209,000 $ - $ 5,800 $ 152,121 E004 Water Well & Ground Storage $ 159,460 $ 183,106 $ 1,828,507 $ 1,890,738 $ 32,980 $ 2,106,824 E005 Wastewater Treatment Plant $ 1,108,955 $ 858,789 $ 10,992,945 $ 1,243,350 $ 335,294 $ 2,437,433 E006 Cowling Road Lift Station, Force Main & Gravity Line $ 659,266 $ 426,154 TBD $ - $ 4,589 $ 430,743 E007 Capital Improvement Plan $ 31,683 $ 31,683 $ - $ - $ - $ 31,683 E008 Nitrification $ 10,462 $ 10,462 $ - $ - $ - $ 10,462 E009 WWTP Outfall Pipeline TBD $ 97,556 TBD $ 1,668 $ 259 $ 99,483