Fiscal Year 2017-18 Proposed Budget City of DeSoto Texas


SECTION 0B-TABLE OF CONTENTS
3

SECTION 1-INTRODUCTION-COMPLETED
6

X1-Notes Page.pdf
23

Sheet1
23

Org Chart 2016.pdf
13

Sheet1
13

Reader's Guide-Council Only 2017-18.pdf
9

Introduction
9

Business Plan and Vision Statement
9

Budget Message
9

Policies
9

Financial Analysis
9

General Fund
10

Cooperative Efforts
10

Sales Tax Corporations
10

Public Utility Fund
10

Storm Drainage Utility and Sanitation Enterprise Funds
10

These sections provide budgetary data for the City’s drainage and sanitation enterprise funds. This data consists of a Budget Summary – an expanded view of financial data presented in the Budget Summary by Fund Type in the Financial Analysis section ...
10

Hotel Occupancy Fund
11

Debt Service Fund
11

Special Revenue and All Other Funds
11

Capital Improvement Plan
11

Appendix
11

SECTION 2-BUSINESS PLAN-COMPLETED
24

X1-Notes Page.pdf
34

Sheet1
34

2017-2018 Council Business Plan - Final.pdf
26

CITY COUNCIL VISION STATEMENT
26

SECTION 3-BUDGET MESSAGE
35

SECTION 4-BUDGET POLICIES-COMPLETED
43

Desoto Texas Debt Policy - Final 4-07-15.pdf
58

PART I - DEBT MANAGEMENT
58

1.0 POLICY
58

2.0 SCOPE AND APPLICATION
58

3.0 OBJECTIVES
59

d. bonds will be paid back within a period not to exceed, and preferably sooner than, the expected useful life of the capital project;
59

e. decisions will be made based on a number of factors and will be evaluated against long-term goals rather than a short-term fix;
59

f. debt service funds will be managed and invested in accordance with all federal, state and local laws;
59

g. the City will maintain cost-effective access to the capital markets through prudent policies;
59

h. maintain moderate debt and debt service payments with effective planning and coordination with City departments;
59

i. meet significant capital demands through debt financing and alternate financing mechanisms such as public/private partnerships, and
59

j. achieve the highest possible credit ratings within the context of the City’s capital needs and financing capabilities.
59

4.0 RECOMMENDATION RESPONSIBILITY
59

4.1 Primary Responsibility
59

4.2 Recommendation Considerations
59

5.0 DEBT STRUCTURE PRACTICES
60

5.1. Standard Terms
60

5.2. Fixed Interest versus Variable Interest
61

5.3. Summary
61

6.0 FINANCING ALTERNATIVES
61

6.1 General obligations bonds (“GOB”) – Utilized for strategic initiatives, unique projects and capital programs that will impact the debt service tax rate.
61

General obligations bonds (“GOB”) will be used if the following criteria are met:
61

6.2 Certificates of Obligation – For Essential Nonimpact capital projects
62

6.3 Certificates of Obligations – Enterprise Funds
63

6.4 Revenue Bonds
63

6.5 Other Debt Obligations
63

7.0 CREDIT ENHANCEMENTS
63

8.0 DEBT APPROVAL PROCEDURES
63

8.1. Approval by the City Manager
63

8.2. Review By Audit & Finance Committee (AFC)
64

9.0 DEBT LIMITATIONS
64

10.0 MATURITY LEVELS
64

11.0 METHODS OF SALE
64

11.1. Competitive Sale
64

11.2. Negotiated Sale
65

11.3. Private Placement
65

12.0 PERMITTED INVESTMENTS
65

13.0 REFUNDING OF DEBT
65

14.0 DEBT SERVICE TAX RATE
65

15.0 PROFESSIONAL ASSISTANCE
65

15.1. Bond Counsel
65

15.2. Financial Advisor (FA)
66

15.3. External Auditors
66

15.4. Underwriters
66

15.5. Trustees and Paying Agents
66

15.6. Rebate Consultant
66

PART II-ONGOING DEBT ADMINISTRATION
67

16.0 RATINGS
67

17.0 SECONDARY MARKET DISCLOSURE
67

18.0 ARBITRAGE LIABILITY MANAGEMENT
68

18.1. Arbitrage Rebate Responsibility
68

18.2. Two Year Spend-out Option
68

19.0 INTERNAL INTERIM FINANCING
69

20.0 DEBT MANAGEMENT POLICY REVIEW
69

DESCRIPTIONS of DEBT OBLIGATIONS/ALTERNATIVES
70

X1-Notes Page.pdf
52

Sheet1
52

Financial Polices.pdf
53

DeSoto Financial Policies-Final.pdf
53

City of DeSoto
53

Fiscal
53

Investments – The investment policy is annually updated and approved by Council in compliance with the Texas Public Funds Investment Act. All investments are made in conformity with the Council approved policy.
54

Expenditures
54

Introduction
55

Emergencies
56

Unanticipated Expenditures
56

X1-Notes Page.pdf
74

Sheet1
74

SECTION 5- FINANCIAL ANALYSIS-COMPLETED
76

FINANCIAL
76

[Intentionally Left Blank]
77

FUND STRUCTURE
78

1. General Fund:
78

2. Special Revenue Funds:
78

3. Debt Service Funds:
78

4. Capital Project Funds:
78

5. Enterprise Funds:
78

6. Internal Service Fund:
78

Governmental Funds
80-81

FY 2018 BUDGET CHARTS-Major Rev Comparison.pdf
119

Major Revenue Comparison
119

Total Budget Summaries-Financial Analysis 1 rev chart.pdf
116

Revenue SummaryMAJOR TYPE
116

Total Budget Summaries-Financial Analysis 1 82017.pdf
117

Revenue SummaryMAJOR TYPE
117

Revenue Summary By Fund
120

Expenditure Summary By Fund
123

Expenditure Summ by Function
121

Total Budget Summaries-Financial Analysis 1 chart exp.pdf
122

Expenditure Summ by Function
122

SECTION 6-GENERAL FUND 07 27 2017
126

X1-Notes Page.pdf
312

Sheet1
312

X1-Notes Page.pdf
249

Sheet1
249

X1-Notes Page.pdf
204

Sheet1
204

X1-Notes Page.pdf
248

Sheet1
248

X1-Notes Page.pdf
316

Sheet1
316

X1-Notes Page.pdf
317

Sheet1
317

X1-Notes Page.pdf
286

Sheet1
286

X1-Notes Page.pdf
205

Sheet1
205

X1-Notes Page.pdf
268

Sheet1
268

X1-Notes Page.pdf
262

Sheet1
262

Budget Summaries-GEN FUND FY 2017 ADMIN 001.pdf
146

RecordMan1-11-Details
146

CityManager1-12-Details
152

Com Init1-13-Details
156

EnvHealth 1-14-Details
160

ActionCtr-15-Details
164

DETAILED BUDGET REPORTS-GEN FUND 101-1.pdf
158-159

ADM-01-13
158-159

X1-Notes Page.pdf
150

Sheet1
150

Budget Summaries-GEN FUND FY 2017 Finance 002.pdf
169

Finance-2Details
169

Finance-2-10Details
170

Finance-2-15Details
174

DETAILED BUDGET REPORTS-GEN FUND 101-2.pdf
172-173

FIN-02-10
172-173

FIN-02-15
176-177

Budget Summaries-GEN FUND FY 2017 Dev Serv 003.pdf
179

DEVSer-Details
179

DEVSer-03-10Details
180

DEVSer-03-11Details
184

DEVSer-03-14Details
188

DEVSer-03-20Details
192

DEVSer-03-22Details
196

DEVSer-03-34Details
200

DETAILED BUDGET REPORTS-GEN FUND 101-3.pdf
182-183

DEV-03-10
182-183

DEV-03-14
190-191

DEV-03-20
194-195

DEV-03-22
198-199

DEV-03-34
202-203

DETAILED BUDGET REPORTS-GEN FUND 1013-11.pdf
186-187

DEV-03-11
186-187

Budget Summaries-GEN FUND FY 2017 Parks 005.pdf
207

PARKS-Details
207

PARKS-5-20Details
208

PARKS-05-22Details
212

PARKS-5-32Details
216

PARKS-05-40Details
220

PARKS-5-45Details
224

DETAILED BUDGET REPORTS-GEN FUND 101-5.pdf
210-211

PARK-05-20
210-211

PARK 05-22
214-215

PARK-05-32
218-219

PARK 05-40
222-223

PARK-05-45
226-227

DETAILED BUDGET REPORTS-GEN FUND 101 11-15.pdf
148-149

ADM-01-11
148-149

ADM-01-12
154-155

ADM-01-14
162-163

ADM-01-15
166-167

Budget Summaries-GEN FUND FY 2017 Police 006.pdf
237

Police-06-13Details
237

Police-06-17Details
240

Police-06-18Details
244

DETAILED BUDGET REPORTS-GEN FUND 101-6.pdf
238-239

POL-06-13
238-239

POL-06-17
242-243

POL-06-18
246-247

Budget Summaries-GEN FUND FY 2017 FIRE 007.pdf
251

Fire-Details
251

Fire-10Details
252

Fire-13Details
259

DETAILED BUDGET REPORTS-GEN FUND 101-7.pdf
254-255

FIRE-07-10
254-255

FIRE-07-13
260-261

Budget Summaries-GEN FUND FY 2017 COURT 008.pdf
265

Court-8-38Details
265

DETAILED BUDGET REPORTS-GEN FUND 101-8.pdf
266-267

MUN-08-38
266-267

Budget Summaries-GEN FUND FY 2017 LIBRARY 010.pdf
270

Lib-Details
270

DETAILED BUDGET REPORTS-GEN FUND 101-10.pdf
272-273

lib-10-30d
272-273

DETAILED BUDGET REPORTS-GEN FUND 101-11.pdf
284-285

IT-11-16
284-285

Budget Summaries-GEN FUND FY 2017 IT 011.pdf
282

IT-11-16 GIS
282

Budget Summaries-GEN FUND FY 2017 HR 012.pdf
288

HR-Details
288

HR- 12-20Details
289

HR- 12-22Details
294

DETAILED BUDGET REPORTS-GEN FUND 101-12.pdf
290-291

HR-12-20
290-291

HR-12-22
296-297

Budget Summaries-GEN FUND FY 2017 USE 098 099 102 108.pdf
298

USE-Details
298

NonDep-Details
302

102-PEG-Details
308

108-Stable-Details
315

DETAILED BUDGET REPORTS-GEN FUND 101- 98,99,102.pdf
304-305

NONDEP 99-01
304-305

102-DD
310-311

FY 2018 BUDGET CHARTS-Sales Tax History Report.pdf
140

Sales Tax History
140

FY 2018 BUDGET CHARTS-Property tax rate history.pdf
139

Property Tax Rate History
139

DETAILED BUDGET REPORTS-GEN FUND 101-98.pdf
300-301

UFB-98-01
300-301

Budget Summaries-GEN FUND FY 2017 07 27 2017.pdf
129

GF-Summary
129

GF_REV_Chart
132

GENERAL FUND-101RevOnly
130

Home Values Tax Year 2017.pdf
138

Home Values
138

Property Values and Tax Revenue Sales Taxes Hotel Taxes FY2006 to 2017 07 27 2017.pdf
136-137

Sheet1
136-137

Budget Summaries-GEN FUND FY 2017 08 2017.pdf
128

GF-Summary
128

GF-ExpenSum
133

GF_EXP_Chart
134

Copy of TAX RATES AND PROPERTY VALUES Planning 2018 19 082017.pdf
135

Draft TAX RATES & VALUES FY18
135

Budget Summaries-GEN FUND FY 2017 admin 082017.pdf
141

GenAdmin-Details
141

Council1-10-Details
143

DETAILED BUDGET REPORTS-GEN FUND admin 082017.pdf
144-145

ADM-01-10
144-145

DETAILED BUDGET REPORTS-GEN FUND pd 082017.pdf
232-233

POL-06-10
232-233

Budget Summaries-GEN FUND FY 2017 pd 082017.pdf
229

Police-Details
229

Police-06-10Details
230

Budget Summaries-GEN FUND FY 2017 it 082017.pdf
277

IT-Details
277

IT-11-14 TECH
278

DETAILED BUDGET REPORTS-GEN FUND it 082017.pdf
280-281

IT-11-14
280-281

SECTION 7-COOPERATIVE EFFORTS-COMPLETED
318

X1-Notes Page.pdf
358

Sheet1
358

X1-Notes Page.pdf
360

Sheet1
360

Budget Summaries-JAIL FUND FY 2017.pdf
353

112-Jail Details
353

DETAILED BUDGET REPORTS-JAIL.pdf
354-355

112-06-10DD
354-355

112-06-99DD
356-357

Budget Summaries-SWRCC-2017 1.pdf
321

111-SWRCC Details WorkingCap
321

111-09-21SWRCCDetails
323

111-09-22SWRCC DETAILS
330

111-09-23SWRCCDetails
334

111-99-01SWRCC Details
338

134-SWRCC Stabilization
347

413-SWRCC capDetails
342

DETAILED BUDGET REPORTS-SWRCC 1.pdf
326-327

111-09-21DD
326-327

111-09-22DD
332-333

111-09-23DD
336-337

111-99-01DD
340-341

134-DD
348-349

413-DD
344-345

SECTION 8-SALES TAX CORPORATIONS-COMPLETED
362

X1-Notes Page.pdf
371

Sheet1
371

X1-Notes Page.pdf
375

Sheet1
375

Budget Summaries-DPDC-2017.pdf
373

118-DPDC Details
373

347-Details
374

SECTION 9-PUBLIC UTILITY FUND-COMPLETED
376

X1-Notes Page.pdf
381

Sheet1
381

X1-Notes Page.pdf
411

Sheet1
411

X1-Notes Page.pdf
446

Sheet1
446

BLANK NOTES PAGE.pdf
409

Sheet1
409

Budget Summaries-PUBLIC UTILITIES 2017 (no fund 508).pdf
386

Water502-25-25Details
386

Water502-25-26-Details
390

Water502-25-27-Details
394

Water502-99-Details
402

Water503All-Details
406

Water504All-Details
407

PUBLIC UTILITIES 2017 Major Rev-Chart.pdf
380

CHARTS
380

DETAILED BUDGET REPORTS-PUBLIC UTILITY FUNDS.pdf
388-389

502-25-25
388-389

502-25-26
392-393

502-25-27
396-397

Budget Summaries-PUBLIC UTILITIES 2017 (Fund 508).pdf
408

Water508 FB All-Details
408

DETAILED BUDGET REPORTS-PUBLIC UTILITY FUNDS 502-099-001.pdf
404-405

502-99-001
404-405

Budget Summaries-PUBLIC UTILITIES 2017 08 02 2017.pdf
382

Water502All-Details
382

Water502-99-Details
401

Water508 FB All-Details
384

Budget Summaries-PUBLIC UTILITIES 2017 chart rev exp.pdf
379

CHARTS
379

SECTION 10-STORM DRAINAGE UTILITY FUND-COMPLETED
447

X1-Notes Page.pdf
450

Sheet1
450

Budget Summaries-DRAINAGE FUND 2017.pdf
451

Drainage522All-Details
451

Drainage522-03-10-Details
452

Drainage522-03-20-Details
456

Drainage522-99-01-Details
460

Drainage524All-Details
464

Drainage528All-Details
468

DETAILED BUDGET REPORTS-STORM DRAINAGE UTILITY FUND.pdf
454-455

522-3-10
454-455

522-3-20
458-459

DETAILED BUDGET REPORTS-STORM DRAINAGE UTILITY FUND 522-524.pdf
466-467

524-3-20
466-467

DETAILED BUDGET REPORTS-STORM DRAINAGE UTILITY FUND 522-524.pdf
462-463

522-99-01
462-463

SECTION 11-SANITATION-COMPLETED-
470

X1-Notes Page.pdf
500

Sheet1
500

X1-Notes Page.pdf
473

Sheet1
473

Budget Summaries-SANITATION FUND 2017.pdf
496

Sanitation-553-Details
496

DETAILED BUDGET REPORTS-SANITATION 553.pdf
498-499

553-001-13
498-499

Budget Summaries-SANITATION FUND 2017 2.pdf
474

Sanitation-Details
474

Sanitation-552-03-20Details
484

Sanitation-552-05-20Details
488

Sanitation-552-98-99details
492

Sanitation-552-01-13Details
477

Sanitation-552-01-14Details
480

DETAILED BUDGET REPORTS-SANITATION.pdf
478-479

552-001-13
478-479

552-001-14
482-483

552-03-20
486-487

552-05-20
490-491

552-99-01
494-495

X1-Notes Page.pdf
476

Sheet1
476

SECTION 12-HOTEL OCCUPANY FUND-COMPLETED
502

X1-Notes Page.pdf
506

Sheet1
506

X1-Notes Page.pdf
523

Sheet1
523

X1-Notes Page.pdf
512

Sheet1
512

Budget Summaries-HOTEL FUND 2017.pdf
507

221-Details
507

DETAILED BUDGET REPORTS-SPECIAL REV FUNDS 221.pdf
508-509

221-01DD
508-509

FY2017 Proposed CVB Budget 5 - 19 - 17.pdf
513

FY2017 CVB Budget
513

Positions (2)
516

Budget Summaries-HOTEL FUND 2017 Chart.pdf
505

Chart
505

FY2017 Proposed CVB Budget 5 - 19 - 17.pdf
514-515

FY2018 CVB Detail (2)
514-515

BLANK NOTES PAGE.pdf
528

Sheet1
528

SECTION 13-DEBT SERVICE-COMPLETED
529

X1-Notes Page.pdf
538

Sheet1
538

Budget Summaries-DEBT SERVICE 2017.pdf
532

Debt until maturity
532

Per Capita
533

Expenditure chart
534

Revenue Chart
535

Budget Summaries-DEBT SERVICE 2017 07 27 2017.pdf
531

305-Details
531

SECTION 14-SPECIAL REV FUNDS-COMPLETED
540

X1-Notes Page.pdf
545

Sheet1
545

X1-Notes Page.pdf
632

Sheet1
632

Budget Summaries-SPECIAL REV FUNDS 2017.pdf
546

209-Details
546

DETAILED BUDGET REPORTS-SPECIAL REV FUNDS.pdf
548-549

209-DD
548-549

210-DD
552-553

213-DD
556-557

224-DD
562-563

225-DD
566-567

226-DD
570-571

227-DD
576-577

228-DD
582-583

229-DD
586-587

230-DD
590-591

231-DD
594-595

238-DD
600-601

239-DD
604-605

240-DD
612-613

241-DD
616-617

242-DD
620-621

263-99-1-DD
624-625

Budget Summaries-SPECIAL REV FUNDS 2017.pdf
550

210-Details
550

213-Details
554

224-Details
560

225-Details
564

226-Details
568

227-Details
572

229-Details
584

230-Details
588

231-Details
592

240-Details
610

241-Details
614

242-Details
618

624-Details
628

Budget Summaries-YOUTH SPORTS-2017.pdf
558

223-Baseball-Details
558

233-SoccerDetails
596

238-FootballDetails
598

239-BasketballDetails
602

247-SoftballDetails
606

DETAILED BUDGET REPORTS-SPECIAL REV FUNDS 624.pdf
630-631

624-DD
630-631

Budget Summaries-SPECIAL REV FUNDS 2017 FUND 237.pdf
608

237-Details
608

X1-Notes Page.pdf
607

Sheet1
607

Budget Summaries-SPECIAL REV FUNDS 2017 264.pdf
626

264-Details
626

DETAILED BUDGET REPORTS-SPECIAL REV FUNDS 228.pdf
578

228-Details
578

DETAILED BUDGET REPORTS-SPECIAL REV FUNDS 263.pdf
622

263-Details
622

X1-Notes Page.pdf
627

Sheet1
627

SECTION 15-ALL OTHER FUNDS-COMPLETED
634

Budget Summaries-REPLACE MAINT FUNDS FY2017.pdf
638

401-Details
638

402-Details
642

403-Details
646

406-Details
650

407-Details
654

408-Details
658

409-Details
662

410-Details
666

412-Details
670

420-Details
674

Budget Summaries-CAPITAL PROJECTS FY2017.pdf
688

417-Details
688

419-Details
692

479-Detail
696

486-Detail
698

489-Detail
713

490-Detail
715

705-Details
718

710-Details
722

DETAILED BUDGET REPORTS-REPLACE-MAINT FUNDS.pdf
640-641

401-DD
640-641

402-DD
644-645

403-DD
648-649

406-DD
652-653

407-DD
656-657

408-DD
660-661

409-DD
664-665

410-DD
668-669

412-DD
672-673

420-DD (2)
676-677

DETAILED BUDGET REPORTS-CAPITAL PROJECT FUNDS.pdf
720-721

705-DD
720-721

DETAILED BUDGET REPORTS-CAPITAL PROJECT FUNDS 419.pdf
694-695

419-DD
694-695

DETAILED BUDGET REPORTS-CAPITAL PROJECT FUNDS.pdf
700-701

486-DD -1-12
700-701

486-DD -3-34
702-703

486-DD -11-14
708-709

486-DD -99-01
710-711

DETAILED BUDGET REPORTS-CAPITAL PROJECT FUNDS 417.pdf
690-691

417-DD
690-691

FY18-22 Budget Summary Sheets for Vehicle Replacement Program (update 050417 - Ladder Truck Payment Update).pdf
679

Sheet1
679

X1-Notes Page.pdf
684

Sheet1
684

X1-Notes Page.pdf
723

Sheet1
723

DETAILED BUDGET REPORTS-CAPITAL PROJECT FUNDS 486.pdf
704-705

486-DD -5-32
704-705

DETAILED BUDGET REPORTS-CAPITAL PROJECT FUNDS 490.pdf
716-717

490-DD
716-717

SECTION 16-CAPTIAL IMPROVEMENT PROGRAM-COMPLETED
725

CIP Overview Page.pdf
727

City of DeSoto
727

Capital Improvement Program (CIP)
727

BLANK NOTES PAGE.pdf
735

Sheet1
735

Copy of Summary CIP Spreadsheets 08 2017.pdf
728

CO & GO Bonds
728

Streets
729

Facilities
730

Parks
731

Drainage
732

W&S
733

W&S R&R Detail
734

SECTION 17-APPENDIX-COMPLETED
737

BUDGET LIST OF ACRONYMS
739

NOTES
740

BUDGET GLOSSARY
741

CITY OF DESOTO, TEXAS
751

NOTES
752

Budget For Adopt Cover Tax Year 2017 Fiscal Year 2018 dallas county.pdf
1

CITY OF DESOTO, TEXAS
1

Fiscal Year 2017-18 Proposed Budget
1

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