City of DeSoto Texas FY 20 Adopted & FY 21 Planning Budget

City of DeSoto Texas FY 20 Adopted & FY 21 Planning Budget

ANNUAL BUDGET ADOPTED FY201 9 -20 20 PLANNING FY20 21 -202 2

TABLE OF CONTENTS INTRODUCTION -----------------------------------------------------------------------------------4 GFOA Budget Achievement Award 2018 --------------------------------------------------6 Readers Guide -----------------------------------------------------------------------------------7 City Officials ------------------------------------------------------------------------------------ 10 Organizational Chart ------------------------------------------------------------------------- 11 Location & History of Desoto-----------------------------------------------------------------12 Community Profile---------------------------------------------------------------------------- 14 BUSINESS PLAN -------------------------------------------------------------------------------- 23 Vision Statement/Goals & Objectives/Business Plan --------------------------------- 25 BUDGET MESSAGE ----------------------------------------------------------------------------- 34 Transmittal Letter----------------------------------------------------------------------------- 36 BUDGET POLICIES------------------------------------------------------------------------------- 43 Calendar ---------------------------------------------------------------------------------------- 45 City Charter Requirements------------------------------------------------------------------ 46 Budget Policies -------------------------------------------------------------------------------- 49 Basis of Budgeting and Accounting ------------------------------------------------------- 51 Financial Policies ----------------------------------------------------------------------------- 53 Debt Management Policy ------------------------------------------------------------------- 57 FINANCIAL ANALYSIS -------------------------------------------------------------------------- 75 City of DeSoto Fund Structure Overview ------------------------------------------------ 77 Fund Structure-----------------------------------------------------------------------------------79 Budgeted Position History ------------------------------------------------------------------ 80 Changes in Budgeted Positions ---------------------------------------------------------- 99 Adopted Budget Summary by Category ---------------------------------------------- -103 Explanation of Major Changes in Fund Balance ------------------------------------- 105 Combined Fund Statements -------------------------------------------------------------- 119 Revenue Summary by Major Type – All Funds --------------------------------------- 123 Three Year Comparison of Major Revenues – All Funds --------------------------- 132 Expenditure Summary by Function ----------------------------------------------------- 133 Expenditure Summary by Fund ---------------------------------------------------------- 134 5 Year Financial Forecast FY 2020-2024-------------------------------------------------135 GENERAL FUND ------------------------------------------------------------------------------- 150 Budget Summary-General Fund 101-102 ----------------------------------- 152 Property Tax Rate History Chart---------------------------------------------153 Sales Tax History Chart--------------------------------------------------------154 Revenues by Category-----------------------------------------------------------------156 Expenditures by Department Summary ----------------------------------------------- 160 Administration --------------------------------------------------------------------------- 162

1

Financial Services ------------------------------------------------------------------------ 181 Development Services ------------------------------------------------------------------ 186 Parks & Recreation----------------------------------------------------------------------- 199 Public Safety (Police) ------------------------------------------------------------------- 210 Public Safety (Fire) ----------------------------------------------------------------------- 220 Municipal Court -------------------------------------------------------------------------- 226 Library -------------------------------------------------------------------------------------- 229 Information Technology ---------------------------------------------------------------- 232 Human Resources------------------------------------------------------------------------ 238 Use of Fund Balance--------------------------------------------------------------------- 244 Non-Departmental ---------------------------------------------------------------------- 245 Peg Fund -------------------------------------------------------------------------------------- 247 Budget Stabilization Fund------------------------------------------------------------------- 249 COOPERATIVE EFFORTS --------------------------------------------------------------------- 252 Southwest Regional Communications Center (SWRCC) ---------------------------- 254 Jail Operations------------------------------------------------------------------------------- 263 SALES TAX CORPORATIONS ---------------------------------------------------------------- 267 DeSoto Economic Development Corporation Budget------------------------------ 269 DeSoto Park Development Budget------------------------------------------------------ 276 PUBLIC UTILITY FUNDS --------------------------------------------------------------------- 281 Public Utilities Fund Department Charts ---------------------------------------------- 284 Budget Summary-Fund 502 -------------------------------------------------------------- 286 Administration Budget --------------------------------------------------------------------- 287 Utility Billing Budget ------------------------------------------------------------------------ 289 Utility Field Operation Budget ----------------------------------------------------------- 291 Non-Departmental----------------------------------------------------------------------------293 Meter Replacement Fund 503 ----------------------------------------------------------- 294 Equipment Replacement Fund 504 ----------------------------------------------------- 295 Utility Building Construction 505 -------------------------------------------------------- 296 Water & Sewer CIP Fund 508------------------------------------------------------------- 297 STORM DRAINAGE UTILITY FUND -------------------------------------------------------- 299 Functions Storm Drainage Utility Fund---------------------------------------------------301 Revenue & Expenditure Chart--------------------------------------------------------------302 Budget Summary-Fund 522 -------------------------------------------------------------- 303 Department/Program Budgets ---------------------------------------------------------- 304 Equipment Replacement Fund 524 ----------------------------------------------------- 307 Drainage CIP Fund 528 --------------------------------------------------------------------- 308 SANITATION ENTERPRISE FUND ---------------------------------------------------------- 309 Functions Sanitation Enterprise Fund----------------------------------------------------311

Revenue & Expenditure Chart--------------------------------------------------------------312 Budget Summary-Fund 552 -------------------------------------------------------------- 313 Department/Program Budgets ----------------------------------------------------------- 314 Equipment Replacement Fund 553 ----------------------------------------------------- 318 HOTEL OCCUPANCY TAX FUND ----------------------------------------------------------- 319 Functions Hotel Occupancy Tax Fund-----------------------------------------------------321 Hotel Occupancy Tax Revenue History Chart-------------------------------------------322 Budget Summary-Fund 221 -------------------------------------------------------------- 323 DEBT SERVICE FUND ------------------------------------------------------------------------- 325 Overview -------------------------------------------------------------------------------------- 327 Expenditures by Category ----------------------------------------------------------------- 328 Budget Summary-Fund 305 -------------------------------------------------------------- 329 Computation of Legal Debt Margin ----------------------------------------------------- 330 Per Capita Outstanding Debt ------------------------------------------------------------- 331 Annual Debt Service Requirement until Maturity Chart-----------------------------332 Debt Retirement Schedules ------------------------------------------------------------------- General Obligation Bonds ----------------------------------------------------------------- 334 Certificate of Obligations ----------------------------------------------------------------- 354 Sales Tax Revenue Bonds ----------------------------------------------------------------- 369 SPECIAL REVENUE FUNDS ------------------------------------------------------------------ 374 Special Revenue Funds Overview Chart ----------------------------------------------- 376 ALL OTHER FUNDS---------------------------------------------------------------------------- 402 Maintenance and Equipment Replacement Funds Overview -------------------- 404 Maintenance and Capital Project Funds Overview --------------------------------- 416 CAPITAL PROJECTS PLAN ------------------------------------------------------------------- 426 Capital Improvement Plan Overview --------------------------------------------------- 427 Capital Improvement Program Anticipated Bonded Projects----------------------429 Capital Improvement Program Summaries ------------------------------------------- 430 Capital Improvement Plan Streets ------------------------------------------------------ 453 Capital Improvement Plan Storm Drainage ------------------------------------------- 464 Water/Wastewater Master Plan -------------------------------------------------------- 471 Annual Repair/Replacement Program Details--------------------------------------------- APPENDIX--------------------------------------------------------------------------------------- 487 Budget Glossary-List of Acronyms ------------------------------------------------------ 489 Budget Glossary----------------------------------------------------------------------------- 491 Budget Ordinance -------------------------------------------------------------------------- 502 Budget Tax Ordinance --------------------------------------------------------------------- 509 Bond Ratings and Investment Policy Summarization------------------------------- 512 Top Ten Taxpayers-------------------------------------------------------------------------- 513

INTRODUCTION

4

[Intentionally Left Blank]

5

6

City of DeSoto Reader’s Guide FY 201 9 -20 20 Budget The purpose of this section of the budget document is to assist the reader in his or her efforts to understand the City’s program of services for the upcoming fiscal year. Introduction This section contains a listing of the key city officials of the City – the City Council, City Executives and Managing Directors. There is a state map of Texas on which the location of the City of DeSoto is identified. Additional historic and demographic information about the City is contained in this section. Business Plan and Vision Statement The section contains the City Council’s Vision Statement, an expression of the ideal DeSoto envisioned by the Council members. The Statement of Goals and Objectives also includes the Business Plan, which lists the action steps planned by City staff to accomplish the twelve goals developed by City Council in conjunction with the Vision Statement. The Vision Statement and Goals were developed by City Council in a Council work session. City management and the Managing Directors developed the action steps listed under each of the twelve goals. Budget Message This document, developed by the City Managers’ Office, highlights the objectives to be accomplished during FY 20 20 in the City’s major funds. Policies This section highlights the policies underlying the development of the FY201 9 -20 20 budget • Budget Calendar • City Charter Requirements • City Budget Policies • Basis of Budget and Accounting • Financial Policies Financial Analysis This section contains a comprehensive overview of the City’s financial position • Three-Year History of Budgeted Positions – a listing of budgeted positions by fund and department. • Fund Structure – this document illustrates and explains the fund type and account groups utilized by the City of DeSoto. A companion document compares the measurement focus with the budgetary basis/basis of accounting employed by the City’s fund types and account groups. • Revenue Summary by Major Type – All Funds • Revenue Summary by Fund • Three Year Comparison of Major Expenditures – graphically illustrates changes in expenditures by major fund type. • Expenditure Summary by Fund

7

• Expenditure Summary by Function – All Funds General Fund This section of the budget contains the following: • Budget Summary – an expanded view of financial >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14-15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76-77 Page 78 Page 79 Page 80 Page 81 Page 82-83 Page 84 Page 85 Page 86-87 Page 88-89 Page 90-91 Page 92-93 Page 94-95 Page 96-97 Page 98-99 Page 100-101 Page 102-103 Page 104-105 Page 106-107 Page 108-109 Page 110-111 Page 112-113 Page 114-115 Page 116-117 Page 118-119 Page 120-121 Page 122 Page 123 Page 124 Page 125 Page 126 Page 127 Page 128 Page 129 Page 130 Page 131 Page 132 Page 133 Page 134 Page 135 Page 136 Page 137 Page 138 Page 139 Page 140 Page 141 Page 142 Page 143 Page 144-145 Page 146-147 Page 148-149 Page 150-151 Page 152 Page 153 Page 154 Page 155 Page 156 Page 157 Page 158 Page 159 Page 160 Page 161 Page 162 Page 163 Page 164 Page 165 Page 166 Page 167 Page 168 Page 169 Page 170 Page 171 Page 172 Page 173 Page 174 Page 175 Page 176 Page 177 Page 178 Page 179 Page 180 Page 181 Page 182 Page 183 Page 184 Page 185 Page 186 Page 187 Page 188 Page 189 Page 190 Page 191 Page 192 Page 193 Page 194 Page 195 Page 196 Page 197 Page 198 Page 199 Page 200 Page 201 Page 202 Page 203 Page 204 Page 205 Page 206 Page 207 Page 208 Page 209 Page 210 Page 211 Page 212 Page 213 Page 214 Page 215 Page 216 Page 217 Page 218 Page 219 Page 220 Page 221 Page 222 Page 223 Page 224 Page 225

Made with FlippingBook - Online Brochure Maker