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01-25-2011 (City Council) Agenda Packet _dr Wylie City Council CITY OF WYLIE NOTICE OF MEETING Regular Meeting Agenda January 25, 2011 — 6:00 pm Wylie Municipal Complex — Council Chambers 300 Country Club Road, Building #100 Eric Hogue Mayor M. G. "Red" Byboth - Mayor Pro Tern David Goss Place 1 Kathy Spillyards _ Place 3 Bennie Jones _ Place 4 Rick White - - Place 5 Carter Porter _ Place 6 Mindy Manson City Manager Richard Abernathy City Attorney Carole Ehrlich City Secretary In accordance with Section 551.042 of the Texas Government Code, this agenda has been posted at the Wylie Municipal Complex, distributed to the appropriate news media, and posted on the City website: V v, ?YRlielenarS i aV within the required time frame. As a courtesy, the entire Agenda Packet has also been posted on the City of Wylie website tinrw;liylioteAci The Mayor and City Council request that all cell phones and pagers be turned off or set to vibrate. Members of the audience are requested to step outside the Council Chambers to respond to a page or to conduct a phone conversation. The Wylie Municipal Complex is wheelchair accessible. Sign interpretation or other special assistance for disabled attendees must be requested 48 hours in advance by contacting the City Secretary's Office at 972-516-6020. CALL TO ORDER Announce the presence of a Quorum. INVOCATION & PLEDGE OF ALLEGIANCE PRESENTATION • Presentation of 3rd 6 Weeks Star Students- Caring (E. Hogue, Mayor) • Presentation honoring Ruby Rodriguez for knowing when to call 911, how to call 911, and what to say when calling 911 in an emergency. (Allyson Frederick, Operations Supervisor, & Tristian Whittle, Public Safety Dispatcher) January 25,2011 Wylie City Council Regular Meeting Agenda Page 2 of 4 • Presentation of the 2010 Wylie Economic Development Corporation Annual Report. (S. Satterwhite, WEDC Executive Director) • Presentation of the Comprehensive Annual Financial Report for FY 2009-2010. (L. Bantz, Finance Director) CITIZENS COMMENTS ON NON-AGENDA ITEMS Residents may address Council regarding an item that is not listed on the Agenda. Residents must provide their name and address. Council requests that comments be limited to three (3) minutes. In addition, Council is not allowed to converse, deliberak or takes action on any matter presented during citizen participation. CONSENT AGENDA All matters listed under the Consent Agenda are considered to be routine by the City Council and will be enacted by one motion. There will not be separate discussion of these items. If discussion is desired, that item will be removed from the Consent Agenda and will be considered separately. A. Consider, and act upon, approval of the Minutes of the January 11, 2011 Regular Meeting of the Wylie City Council. (C Ehrlich, City Secretary) B. Consider, and place on file the City of Wylie Monthly Revenue and Expenditure Reports as of December 31, 2010. (L. Bantz, Finance Director) C. Consider, and place on file the City of Wylie Quarterly Investment Report for December 31, 2010. (L. Bantz, Finance Director) D. Consider, and place on file, the monthly Revenue and Expense Report for the Wylie Economic Development Corporation as of December 31, 2010. (S. Satterwhite, WEDC Executive Director) E. Consider, and act upon, approval of a Final Plat for Birmingham Elementary School, Block A, Lot 1 on 14.749 gross acres, generally located north of W. Brown Street and approximately 704 feet east of Westgate Way (700 W. Brown Street). (R. 011ie, Planning Director) F. Consider, and act upon, approval of a Final Plat for Hartman EIementary School, Block A, Lot 1 on 8.201 gross acres, generally located north of W. Kirby Street and east of S. Birmingham Street (501 S. Birmingham Street). (R. 011ie, Planning Director) G. Consider, and act upon, approval of a Final Plat for Waterbrook Bible Fellowship, a Worship Facility located on 4.613 acres at 507 Thomas Street. (R. 011ie, Planning Director) H. Consider, and act upon, Ordinance No. 2011-02, amending Zoning Ordinance 2006- 04, Article 5, Section 5.1.J (Accessory Uses); allowing for and providing certain safeguards relating to Home Occupations. ZC2010-04 (R. 011ie, Planning Director) January 25,2011 Wylie City Council Regular Meeting Agenda Page 3 of 4 REGULAR AGENDA General Business 1. Consider, and act upon, Ordinance No. 2011-03 establishing speed zones for FM 2514 (Ballard Ave) from Brown Street to SH 78. (C. Holsted, City Engineer) Executive Summary Business owners in the downtown area have expressed a concern over the speed of the vehicles traveling on Ballard Ave from Brown Street to SH 78. On June 1, 2010 the City submitted a speed zone study to TxDOT for this portion of roadway. The study recommended the speed be reduced to 25 miles per hour. 2. Consider and act upon approval of a Professional Engineering Services Agreement with Birkhoff, Hendricks, and Carter, L.L.P. for the design of FM 1378 from South Parker Road to North Parker Road in the amount of $231,600; and authorize the City Manager to execute the agreement. (C. Holsted, City Engineer) Executive Summary The current construction of FM 1378 terminates at the southern Parker Road intersection. The Texas Department of Transportation and Collin County are working on the Parker Road improvements from FM 2551 to FM 1378. The TxDOT project includes the realignment of the Parker Road intersection to the north but does not include improvements to FM 1378. On October 26, 2010 Council approved an Inter- Local Agreement with Collin County for engineering services for FM 1378. The agreement specifies that the County will participate in the engineering of the project in the amount of$100,000 and it was approved by the Collin County Commissioners' Court on December 13, 20I0. READING OF ORDINANCES Title and caption approved by Council as required by Wylie City Charter, Article III, Section 13-D. EXECUTIVE SESSION Recess into Closed Session in compliance with Section 551.001, et.seq. Texas Government Code, to wit: §§551.074 Personnel Matters; Closed Meeting • To deliberate the Evaluation of the City Manager RECONVENE INTO REGULAR SESSION Take any action as a result from Executive Session. ADJOURNMENT January 25,2011 Wylie City Council Regular Meeting Agenda Page 4 of 4 CERTIFICATION 1 certify that this Notice of Meeting was posted on this 21"day of January, 2011 at 5:00 p.m. as required by law in accordance with Section 551.042 of the Texas Government Code and that the appropriate news media was contacted. As a courtesy, this agenda is also posted on the City of Wylie website: www.wvlietexas.gou Carole Ehrlich,City Secretary Date Notice Removed Wylie City Council CITY 4F WYLIE AGENDA REPORT Meeting Date: 01/25/11 Item Number: Presentation Public Safety (City Secretary's Use Only) Department: Communications Prepared By: Shelly Holcomb Account Code: Date Prepared: 01/17/11 Budgeted Amount: Exhibits: None PRESENTATION Presentation honoring Ruby Rodriguez for knowing when to call 911, how to call 911, and what to say when calling 911 in an emergency. Subject Honoring Ruby Rodriguez for knowing when to call 911, how to call 911, and what to say when calling 911 in an emergency. Discussion On 01/01/2011 at 08:08:02, 9 year old Ruby Rodriguez called 911 when her grandmother was ill. Ruby remained calm, level headed, and answered the dispatcher's questions appropriately, going so far as to give physician instructions that the dispatcher was able to help with. Red E. Fox is proud to honor Ruby for demonstrating how to call 911, when to call 911, and what to say when calling 911. Approved By Initial Date Department Director SH 1-17-2011 City Manager la0111 Page I of 1 Wylie City Council CITY OF WYLIE AGENDA REPORT Meeting Date: 01-25-11 Item Number: Presentation Department: WEDC (City Secretary's Use Only) Prepared By: Sam Satterwhite Account Code: Date Prepared: 01-13-11 Budgeted Amount: Exhibits: 1 Subject Present and place on file the Wylie Economic Development Corporation 2010 Annual Report. Recommendation Accept, and place on file the Wylie Economic Development Corporation 2010 Annual Report. Discussion As per the WEDC By-laws, each year by January 31st, the WEDC must present to the Wylie City Council its Annual Report. The report must include, but is not limited to, a review of all expenditures made by the Board, a review of accomplishments, and a review of other than direct economic development. Staff believes the attached Report meets the intent of the requirements of the By-laws. The Report is attached for your review. Approved By Initial Date Department Director SS 1-13-11 City Manager a,P, Page 1 of 1 Wylie Economic Development Corporation 2010 Annual Report January 18, 2011 Financial Condition The Wylie Economic Development Corporation (WEDC) continues to make financial reporting and accountability a priority. While the 2009 audit is not complete at this time, meetings with the auditors (Weaver & Tidwell, LLP) have not revealed any reporting deficiencies or recommended changes to existing accounting practices. For the tenth consecutive fiscal year, WEDC sales tax receipts have increased over prior year figures. Up 3.5% over 2009, 2010 sales tax receipts reached $1,343,749. This modest gain marks the second consecutive year since 2004 that Wylie did not see double digit growth in sales tax receipts. However, the first two months of the current fiscal year have resulted in an average increase of 18.6%. Now that a 12 month history is available for sales taxes generated by Woodbridge Crossing, a more accurate analysis of Wylie's sales tax collections can be provided. Woodbridge Crossing generated $130,489 in sales tax receipts for the WEDC in the previous fiscal year. All things being equal, had Woodbridge Crossing not been developed, sales tax receipts could have declined by $130,489 or 6.6%. WEDC reimbursements to Direct Development equaled $110,916 having a net increase of$19,573. However, that net effect on the WEDC does not take into account 4B Sales tax collection, $45 million in appraised value, or the impact of increased employment opportunities. Of the $1,343,749 in sales tax revenue (on an accrual basis), the WEDC expended $533,574 on grants and engineering services directly attributed to incentive packages, $26,171 on the purchase of real property, $234,015 on personnel services, $76,548 on marketing and promotion, $43,316 on special services (property maintenance), and debt service of$414,786. Debt service expenses increased by 51% over 2009 due to the early payoff of notes ($194,145) associated with two properties owned by the WEDC. The WEDC also had $1,974 in interest earnings and $63,747 in income from the lease of WEDC facilities. Finally, the WEDC ended the FY 2009 - 2010 year with a$748,334 fund balance. In FY 2010 — 2011, the WEDC is contractually obligated to fund $203,000 in direct incentive programs in addition to sales tax rebate programs for infrastructure improvements executed with Greenway Investments and Direct Development. $152,000 of the above figure is an estimate of sales tax reimbursements to be provided to the Direct and Greenway centers. The WEDC currently owns 30.12 acres of property with a cost basis of$2,836,595. WEDC debt service associated primarily with the purchase of the above property has a principal balance of $830,972 as of November 30, 2010. Office Relocation The WEDC relocated from its office on Marble Street to its current location at 250 South Highway 78. With increased office and meeting space, Board meetings are now being held at the WEDC office. There is also increased filing and work space available. - 2 - Redevelopment In 2010, the WEDC added to its redevelopment focus by purchasing a property out of foreclosure located at 25 Steel Road. The 0.65 acre tract was purchased for $25,171 and will be used to attract light industrial development. Of the properties acquired for redevelopment, the WEDC now owns four properties on Industrial Court (1.5 acres), five properties on Cooper Drive (2.21 acres), two properties on F.M. 544 (1.44 acres), and the aforementioned property on Steel Road. This accumulation of properties on Industrial Court, Cooper Drive, and F.M. 544 is a public effort to transition the above targeted areas from industrial to a more aesthetically pleasing and higher valued commercial/retail use. The WEDC had viewed the properties on Cooper and Industrial to have a project life of 5 — 7 years. However based upon the current economic environment and its direct impact on retail development, redevelopment efforts may be pushed out to 7— 10 years. In 2010, the WEDC and City of Wylie formalized Interlocal Agreements for the use of 1.44 acres on F.M. 544 and 0.46 acre on Cooper Drive by the Public Works and Parks Department. This partnership ensures that the properties will be properly maintained until which time redevelopment will take place. In 2011 the WEDC will continue to evaluate opportunities to purchase additional properties within the Cooper Drive and Industrial Court redevelopment areas. Price and location relating to existing WEDC properties will be the driving factor in additional land purchases for redevelopment. Retail Activity In 2010, construction began on Kohl's (64,000 sq. ft.), PetSmart (18,003 sq. ft.), and Dollar Tree (10,000 sq. ft.). Upon completion of the above referenced square footage, Direct Development will be in compliance with the Performance Agreement through September 1, 2012 at which time there must be cumulative improvements of 385,118 square feet. There currently exists 314,652 square feet (including Kohl's, etc.). Direct Development has indicated that in 2011 8,000 square feet of lease space will be constructed with an AT&T anchor along with Ross and Rack Room concepts. Momentum within Woodbridge Crossing is also impacting retail property to the north. In addition to the QT, an Aldi and car wash concept will be completed in 2011. Also, the strip center across from Viewpoint is 95% leased following years of limited occupancy. In an attempt to attract a restaurant in 2010, the WEDC negotiated with a landowner near the intersection of F.M. 544 and State Highway 78 to participate in infrastructure improvements to support an Applebee's concept. The WEDC had committed to fund drainage improvements up to $25,000 had the projected succeeded. However, the franchisee and seller could not agree to terms on an attempt to renegotiate the purchase price. - 3 - WEDC and City of Wylie representatives will continue to make attendance at the International Council of Shopping Centers Conference a priority. While it is unlikely that Wylie will attract new investors for `center' development in 2011 based upon the remaining space available within Woodbridge Crossing, the WEDC will be available to Direct Development for meetings with anchors and be seeking out end users for other retail properties in Wylie. Industrial/Commercial Activity A commercial project completed in 2010 was a 3,500 square foot speculative office which was fully leased prior to completion. The WEDC entered into a Performance Agreement with the developer within which $10,000 in assistance was funded in 2010 with equal payments due in 2012 and 2013 should all performance measures be met. There was also commercial activity at the intersection of State Highway 78 and Brown Street upon which a 5,000 square foot Race Trac concept is planned. The Planning Department should be credited with this project based upon their diligence to accommodate the landowner and the developer. Savage Precision is in the third year of its seven year performance Agreement with the WEDC. Savage continues to meet all performance requirements surrounding valuation and employment. In 2010, the SBA awarded Savage with the national small business sub-contractor of the year with Savage being recognized by President Obama at the White House. In 2009, the WEDC entered into a Performance Agreement with TW Snider for the development of office space near the intersection of F.M. 544 and State Highway 78. With only one of four phases complete, maximum funding of$205,000 is available should an additional 14,400 square feet of office space be constructed and occupied. $40,000 of a maximum $205,000 incentive has been funded. The WEDC continues to market its property within Premier Business Park (3.2 acres) for light industrial development. Hijh-Impact Initiatives The WEDC funded a $300,000 Performance Agreement with Sanden International in 2010 which contributed to the re-tooling of a compressor line with an investment by Sanden of $8.52 million. While the primary goal of re-tooling the line was accomplished, Sanden has fallen short in meeting a performance measure associated with appraised value. The WEDC and Sanden are currently negotiating for the repayment of incentives and a new Performance Agreement by which Sanden can earn those incentives back. A majority of the fiscal year was spent securing Ascend Custom Extrusion. As the single most aggressive venture the WEDC has undertaken, this $14.5 million dollar project ($6 million real property and $8.5 million personal property) will result in the construction of a WEDC-owned 96,000 square foot manufacturing plant and 75 new employment opportunities. The WEDC entered into a 15 year lease-purchase agreement and will provide up to $430,000 over a 5-year period should Ascend meet all requirements within the Performance Agreement. - 4 - 2011 Goals & Objectives With the WEDC owning the Ascend building, a great deal of time will be spent overseeing the project. With the assistance of a WEDC Construction Manager, Hill & Wilkinson proposes to turn the building over to Ascend no later than May 31, 2011. The WEDC in 2011 will have the opportunity to acquire a retail property near downtown Wylie at no cost, provided however that a parking lot be constructed for the benefit of all downtown properties in addition to providing public parking for the Olde City Park. Negotiations with the landowner are not final as of yet. As mentioned above, the WEDC continues to market 3.2 acres within Premier Business Park. With increased industrial activity, the WEDC Board will pursue all opportunities to develop this site, including but not limited to building a speculative building for lease. The site can accommodate up to 65,000 square feet which would generate approximately $4 million in appraised value not including personal property. In 2011 the WEDC Board would like to finalize negotiations with the City of Wylie to acquire approximately 19 aces from the City of Wylie that is part of the previously named Wells tract. The WEDC has already coordinated the delivery of dirt to the site to facilitate bringing the property out of the floodplain. The WEDC will be presenting a proposal to the City Manager within the first quarter of 2011. The primary goal for WEDC staff in 2011 will be to prepare for industrial activity anticipated on KCS property and identify property which can be promoted for a large scale light industrial park. With KCS closing on a 28 acre tract needed for their intermodal project, staff believes that the City/WEDC will need to be prepared within two years to address public/private opportunities in the area such as infrastructure required to service the site and potential state and local incentives. The need to identify additional light industrial property stems from the fact that there are no properties of any size to support that type of development. In 2009 the WEDC began considering a concept which contemplated rezoning approximately 315 acres on Pleasant Valley Road. At the time, the challenges facing such an undertaking (zoning, access, water, sewer) were so great that the idea lost momentum. Staff will revisit this concept in addition to reviewing the potential for all undeveloped properties within the City limits and within its ETJ that may be suitable for light industrial development. Continued emphasis on industrial development must be maintained to address long term tax rate challenges. As a last commentary, the WEDC is so pleased with projects like Ascend that we fail to discuss the need for$100 million projects. - 5 - Wylie City Council CITY OF WYLIE AGENDA REPORT Meeting Date: January 25, 2011 Item Number: Presentation Department: Finance (City Secretary's Use Only) Prepared By: Linda Bantz Account Code: Date Prepared: January 18, 2011 Budgeted Amount: CAFR, Summary Report, and Exhibits: Report on Internal Control Subject Consider, and act upon, acceptance of the Comprehensive Annual Financial Report (CAFR) for FY 2009-2010 after presentation by the audit firm of Weaver L.L.P. Recommendation Motion to accept the Comprehensive Annual Financial Report (CAFR) for FY 2009-2010 as presented by the audit firm of Weaver L.L.P. Discussion The City Charter in Article VII, Municipal Finance, Section 13: Independent Audit requires that at the end of the fiscal year an independent audit be made of all accounts of the City by a certified public accountant. In compliance with the City Charter, our outside auditor, Weaver and Tidwell, L.L.P. has performed an audit as of September 30, 2010. This is the third year for the audit to be performed by Weaver L.L.P. Mr. John DeBurro, Senior Audit Manager with Weaver will briefly present the CAFR, including the Independent Auditors' Report and answer any questions that the City Council may have regarding the report. Approved By Initial Date Department Director LB 1/18/11 City Manager 1 fa(? I 1 • Page 1of1 - aver January 18,2011 To Members of the City Council and the Honorable Mayor City of Wylie Wylie,Texas In planning and performing our audit of the financial statements of the governmental activities, the business-type activities,the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of City of Wylie,Texas(the City)as of and for the year ended September 30,2010,in accordance with auditing standards generally accepted in the United States of America,we considered the City's internal control over financial reporting (internal control) as a basis for designing our auditing procedures for the purpose of expressing our opinions on the financial statements,but not for the purpose of expressing an opinion on the effectiveness of the City's internal control.Accordingly,we do not express an opinion on the effectiveness of the City's internal control. Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be significant deficiencies or material weaknesses and,therefore,there can be no assurance that all such deficiencies have been identified. However, as discussed below,we identified a certain deficiency in internal control that we consider to be significant deficiency. A deficiency in internal control exists when the design or operation of a control does not allow management or employees,in the normal course of performing their assigned functions,to prevent, or detect and correct misstatements on a timely basis.A material weakness is a deficiency,or combination of deficiencies in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. We did not identify any deficiencies in internal control that we consider to be material weaknesses. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness,yet important enough to merit attention by those charged with governance. We consider the following deficiency in the City's internal control to be a significant deficiency: Preparation of Financial Statements Statement on Auditing Standards No. 115, "Communicating Internal Control Related Matters Identified in an Audit"defines the inadequate design of internal control over the preparation of financial statements being audited as a deficiency in the design of internal controls. Auditors cannot be a part of the City's internal control system. AN INDEPENDENT WEAVER AND TIDWELL LLP DALLAS MEMBER OF BAKER T€LLY CERTIFIED PUBLIC ACCOUNTANTS AND CONSULTANTS 12221 MERIT DRQVE,SUITE 1400,DALLAS,TX 75251 INTERNATIONAL WWW.WEAVERLLP.COM P:(972)490 1970 F:(972)702 8321 City of Wylie January 18,2011 Page 2 As the City does not prepare its own full disclosure financial statements as required by generally accepted accounting principles,this could impact the City's ability to report financial data reliably such that there is more than a remote likelihood that a misstatement of the City's financial statements that is more than inconsequential will not be prevented or detected. We recommend that the City evaluate the benefits of preparing its own financial statements at year end against the cost to do so. This communication is intended solely for the information and use of management,the City Council,and others within the City, and is not intended to be and should not be used by anyone other than these specified parties. Yours truly, WEAVER AND TIDWELL L.L.P. Dallas,Texas January 18,2011 • • • • • CITY OF WYLIE SUMMARY REPORT TO CITY COUNCIL • YEAR ENDED SEPTEMBER 30, 2010 • • • • • • • • • • • • • • • • • • • • • • • • • • weaver January 25, 2011 To the City Council City of Wylie Wylie, TX We have completed our audit of the financial statements of the City of Wylie as of and for the year ended September 30, 2010. Professional standards require that we provide you with the following information related to our audit. Our Responsibility under U.S. Generally Accepted Auditing Standards and Government Auditing Standards As stated in our engagement letter dated June 15, 2010, our responsibility, as described by professional standards, is to express opinions about whether the financial statements prepared by management with your oversight are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles. Our audit of the financial statements does not relieve you or management of your responsibilities. In planning and performing our audit, we considered the City's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinions on the financial statements and not to provide assurance on the internal control over financial reporting. As part of obtaining reasonable assurance about whether the City's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of 1 laws, regulations, contracts, and grants, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit. 1 Other Information in Documents Containing Audited Financial Statements Our responsibility for other information, including required supplementary information and the statistical section of the City's comprehensive annual financial report does not extend beyond the financial information identified in the report. We applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the required supplementary information. However, we did not audit the information. Nothing came to our attention that caused us to believe that such information is 1 materially inconsistent with the manner of its presentation appearing in the financial statements. Planned Scope and Timing of the Audit We performed the audit according to the planned scope and timing previously communicated. 1 AN INDEPENDENT WEAVER AND TIDWELL LLP DALLAS MEMBER OF BAKER'TILLY CERTIFIED PUBLIC ACCOUNTANTS AND CONSULTANTS 12221 MERIT DRIVE,SUITE 1400,DALLAS,TX 75251 1 INTERNATIONAL WWW.WEAVERLLPCOM P(972)4901970 F(972)702 8321 1 1 1 City of Wylie January 25, 2011 1 1 Page 2 1 Significant Audit Findings 1 Qualitative Aspects of Accounting Practices 1 Management is responsible for the selection and use of appropriate accounting policies. The 1 significant accounting policies used by the City are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during the fiscal year ending September 30, 2010. We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. There are no significant transactions that have been recognized in the financial 1 statements in a different period than when the transaction occurred. Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and 1 assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive 1 estimates affecting the financial statements were: Management's estimates relating to the allowance for uncollectible receivables for property taxes and utility services. We evaluated the key factors and assumptions used to develop the 1 allowances in determining that they are reasonable in relation to the basic financial statements taken as a whole. Management's estimates of useful lives in calculating depreciation on capital assets. We evaluated the key factors and assumptions used to develop the estimate in determining that it is reasonable. Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealingwith management in g g performing and completing our audit. Corrected and Uncorrected Misstatements Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management. There were no material misstatements detected that were corrected by I management. 1 1 1 1 City of Wylie January 25, 2011 Page 3 The schedule below summarizes uncorrected misstatements of the financial statements. Management has determined that their effects are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. Account Description Debit Credit to record OPEB liability 921-5999-10000a ANNUAL OPEB COST-GENERAL GOV 4,637.00 921-5999-20000a ANNUAL OPEB COST-PUBLIC SAFETY 20,107.00 921-5999-30000a ANNUAL OPEB COST-URBAN DEV 2,344.00 921-5999-40000a ANNUAL OPEB COST-STREETS 1,301.00 921-5999-50000a ANNUAL OPEB COST-COMMUNITY SERVICE 3,133.00 921-2000-22555a NET OPEB LIABILITY 31,522.00 Total 31,522.00 31,522.00 Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor's report. We are pleased to report that no such disagreements arose during the course of our audit. Management Representations I We have requested certain representations from management that are included in the management representation letter dated January 18, 2011. Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves the application of an accounting principle to the City's financial statements or a determination of the type of auditor's opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. I I I I p City of Wylie January 25, 2011 Page 4 i Other Audit Findings or Issues We enerally discuss a variety of matters, including the application of accounting principles and auditingstandards, with management each year prior to retention as the City's auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. 1 This information is intended solely for the use of the City Council and management of the City of Wylie, and is not intended to be and should not be used by anyone other than those specified parties. 1 Yours truly, WEAVER AND TIDWELL, L.L.P. i.. a,o ffelt 1 ;` r 'S / 4 ; ,' o. r............1,41b ' .... ALL'- k . 7; CA7: CITY OF WYLIE q CompreIensive 1nnuaIrRnanciaIeport for tI e gear Z'na(d Se ptemI er30, 2010 iii:.",„„ ,..,t-, ', y.1.,17,,..!'4,2k,„.1.4,,if... --till 1445'sr4711 I . :4'4 . 4 , ' 4.- , • "k-,(0,II # .' 3.:, ,, ,.<$,,, -*1%-- 40 - .•- ' . °. L. \ AO M ' u < iTh k • CITY OF WYLIE, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED SEPTEMBER 30, 2-'I.!'-c,tI Lf,.\c.z 010 „ i..\.,„ii.\„(\(--\-,- ..-../_--.-.--_..CILT•„Iii==.,4\C0",..4.r.r \\//: '''I'''-'4 ra.441-70-1,i, le -,,,\:: Lrr1 . '� �� s / ..../ --7,-..5,kiii (,4)//1-1.. ". 517\ ,. ♦IAllF SP140, FE RAILiteo. Lei O1$$7 p ok ETA �;�, TE OF IV AS PREPARED BY THE FINANCE DEPARTMENT CITY OF WYLIE, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2010 TABLE OF CONTENTS Exhibit Page I. INTRODUCTORY SECTION Letter of Transmittal i GFOA Certificate of Achievement v Organization Chart vi City Officials vii II. FINANCIAL SECTION Independent Auditor's Report 1 A. MANAGEMENTS DISCUSSION AND ANALYSIS 3 B. BASIC FINANCIAL STATEMENTS Government-Wide Financial Statements Statement of Net Assets A-1 13 Statement of Activities A-2 14 Fund Financial Statements Governmental Fund Financial Statements Balance Sheet A-3 16 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets A-4 18 Statement of Revenues, Expenditures, and Changes in Fund Balance A-5 19 Reconciliation of the Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balance to the Statement of Activities A-6 20 Proprietary Fund Financial Statements Statement of Net Assets A-7 22 Statement of Revenues, Expenses, and Changes in Fund Net Assets A-8 24 Statement of Cash Flows A-9 25 Notes to the Basic Financial Statements 26 C. REQUIRED SUPPLEMENTARY INFORMATION Schedule of Revenues, Expenditures, and Changes in Fund Balance- Budget(GAAP Basis) and Actual-General Fund A-10 53 Notes to Required Supplementary Information 55 D. COMBINING AND BUDGETARY FUND FINANCIAL STATEMENTS AND SCHEDULES Major Governmental Funds General Obligation Debt Service Fund A-11 57 Non major Governmental Funds Combining Balance Sheet B-1 60 Combining Statement of Revenues, Expenditures, and Changes in Fund Balance B-2 62 TABLE OF CONTENTS —CONTINUED Nonmajor Special Revenue Funds Budgetary Comparison Schedules: 4B Sales Tax Revenue Fund C-1 64 Park Acquisition and Improvement C-2 65 Emergency Communication Fund C-3 66 Fire Training Center C-4 67 Municipal Court Technology Fund C-5 68 Municipal Court Building Security Fund C-6 69 Hotel Tax Fund C-7 70 Public Arts Fund C-8 71 Non major Debt Service Funds Budgetary Comparison Schedules: 4B Debt Service 1996 D-1 72 4B Debt Service 2005 D-2 73 III. STATISTICAL SECTION Table Net Assets By Component 1 76 Expenses, Program Revenues, and Net(Expense)/Revenue 2 78 General Revenues and Total Change in Net Assets 3 80 Fund Balances of Governmental Funds 4 82 Changes in Fund Balances of Governmental Funds 5 84 Tax Revenues by Source, Governmental Funds 6 86 Assessed Value and Estimated Actual Value of Taxable Property 7 87 Direct and Overlapping Property Tax Rates 8 88 Principal Property Tax Payers 9 89 Property Tax Levies and Collections 10 90 Taxable Sales by Category 11 91 Direct and Overlapping Sales Tax Revenue 12 92 Ratios of Outstanding Debt by Type 13 93 Ratios of General Bonded Debt Outstanding 14 94 Direct and Overlapping Governmental Activities Debt 15 95 Legal Debt Margin Information 16 96 Pledged-Revenue Coverage 17 97 Demographic and Economic Statistics 18 98 Principal Employers 19 100 Full-Time Equivalent Employees by Function/Program 20 101 Operating Indicators by Function/Program 21 102 Capital Asset Statistics by Function/Program 22 104 INTRODUCTORY SECTION Our Mission.- ._/o he responsible Irw'areA ra/'the public truss, CITY L.,l to store e fray"excellence in public.54'r'viee nitsl to enhance the await).2fic hie fah call, January 25, 2011 The Honorable Eric Hogue, Mayor Members of the City Council And the Citizens City of Wylie, Texas Financial policies of the City of Wylie require that the City's Finance Department prepare a complete set of financial statements presented in conformity with generally accepted accounting principles (GAAP) and audited in accordance with generally accepted auditing standards by a firm of licensed certified public accountants. Accordingly, the Comprehensive Annual Financial Report(CAFR)for the City of Wylie, Texas for the fiscal year ended September 30, 2010, is hereby issued. This report consists of management's representations concerning the finances of the City. Consequently, management assumes full responsibility for the completeness and reliability of all the information presented in this report. To provide a reasonable basis for making the representations, management of the City has established a comprehensive internal control framework that is designed both to protect the City's assets from loss, theft, or misuse and to compile sufficient reliable information for the preparation of the City's financial statements in conformity with GAAP. Because the cost of internal controls should not outweigh their benefits, the City's comprehensive framework of internal controls has been designed to provide reasonable, rather than absolute assurance, that the financial statements will be free from material misstatement. As management, we assert that, to the best of our knowledge and belief, this financial report is complete and reliable in all material respects. This City's financial records have been audited by Weaver LLP, Certified Public Accountants, as required by the City Charter. This CAFR has been prepared based upon those audited records. The goal of the independent audit was to provide reasonable assurance that the financial statements of the City for the fiscal year ended September 30, 2010, are free of material misstatement. This independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by management; and evaluating the overall financial statement presentation. The independent auditor concluded, based upon the audit, that there was a reasonable basis for rendering an unqualified opinion that the City's financial statements for the fiscal year ended September 30, 2010, are fairly presented in conformity with GAAP. The independent auditors' report is presented as the first component of the financial section of this report. 300 Country Club Dri eWylie,Texas 7 098 e 972, 16r,6000 www.wylietexas.gov GAAP requires that management provide a narrative introduction, overview, and analysis to accompany the basic financial statements in the form of Management's Discussion and Analysis (MD&A). This letter of transmittal is designed to complement MD&A and should be read in conjunction with it. The City's MD&A can be found immediately following the report of the independent auditor. Profile of the City The City of Wylie is located in the south central portion of Collin County, approximately 23 miles northeast of downtown Dallas. Incorporated in 1887, the City adopted its Home Rule Charter on January 19, 1985, and operates under a council-manager form of government. The City Council is comprised of a Mayor and six council members. All members are elected at-large on a staggered and nonpartisan basis for three-year terms. They are responsible to enact local legislation, provide policy, and annually adopt the operating budget. They appoint the City Manager, City Attorney, Judge of the Municipal Court and members of various boards and commissions. The City Manager, under the oversight of the City Council, is responsible for the proper administration of the daily operations of the City. The City provides a full range of municipal services including general government, public safety (police, fire, and emergency communications), streets, library, parks and recreation, planning and zoning, code enforcement, animal control, and water and sewer utilities. Sanitation services are provided by the City but are privately contracted. The Wylie Economic Development Corporation (WEDC) is included in the financial statements as a discrete component unit. Its purpose is to aid, promote and further economic development within the City. The Wylie Park and Recreation Facilities Development Corporation (4B Corporation) is also combined within the financial statements of the City. Both WEDC and the 4B Corporation are primarily funded with sales tax revenues. Both corporations are discussed more fully in the notes to the financial statements. The annual budget of the City serves as the foundation for its financial plan and control. The budget is proposed by the City Manager and adopted by the City Council in accordance with policies and procedures established by the City Charter, ordinances and state law. The budget process begins each year with a budget message from the City Manager highlighting the objectives to be used in developing departmental budgets. The departmental budgets are then reviewed by the City Manager and a proposed budget is prepared for presentation to the City Council. The City Council reviews the budget in subsequent work sessions and a formal budget is prepared and made available to the public for review by August 5th each year. Prior to official adoption of the budget by Council, public hearing on the proposed budget is held to allow for public input. Factors Affecting Financial Condition The information presented in the financial statements is perhaps best understood when it is considered from the broader perspective of the specific environment within which the City of Wylie operates. Local economy Fast paced growth has, in recent years, been one of the identifying characteristics of the City. However, the growth has slowed in accordance with current economic conditions. The 2010 population of the City has been estimated to be 39,000. This is approximately the same as the previous year. Although slightly increased over FY2009, the continuation of a slower paced growth is also evidenced in residential construction. However, residential construction permits increased by 15% from the previous year total of 253 permits. For the year ending September 30, 2010, the City issued 291 permits. When both residential and commercial growth are considered, our total tax base grew by 1.76% over the previous year. Our taxable assessed value this year, as provided by the Collin Central Appraisal District, Dallas Central Appraisal District and Rockwall Central Appraisal District, was$2,222,617,094. While the City growth rate has declined, the City still maintains a favorable economic environment. In January 2010, the Gadberry Group recognized Wylie as number eight on its list of the top nine most notable high-growth areas in the United States. This group provides information for the world's top retail brands to assist them in their choice locations for new stores and restaurants. Studies such as ii these provide important information for the Wylie Economic Development Corporation (WEDC) to use in promotional materials given to companies considering locating to the area. This type of data aids in the WEDC's efforts to attract new jobs and increased investment to the City of Wylie. An example of this has already been shown by the construction of a Kohl's Department store which is currently under construction. Long-term financial planning In 2006, the City developed a Long-Range Financial Plan. The plan included street and park improvements, a new city hall, library, fire station, recreation center and sidewalks. The voters of the City of Wylie authorized the City to issue $73,950,000 in General Obligation Bonds to fund this capital improvement program. The first series of General Obligation bonds were sold in late March of 2006 and the remaining bonds were sold in August of 2008. In July 2010 the City issued $10,160,000 in General Obligation Refunding Bonds and $525,000 in Combination Tax and Revenue Certificates of Obligation. The Certificates were issued for renovation and improvements at the City Hall. Fiscal year 2010 saw the continued work on the Wylie Municipal Complex which will consist of a new City Hall, Recreation Center and Library. Work on several road construction projects also continued, some of which consisted of joint efforts with financial participation by Collin County. Road construction on FM 1378, Brown Street and State Highway 78 will greatly help our citizens get in and around the city. Construction was also begun on Founders Park to add more ball fields, concession stands and restroom facilities. Future projects include renovations and improvements to the current City Hall. After the opening of the new Municipal Complex and the move to the new City Hall, the current facility will become a Public Safety building housing the Police Department, Fire Administration and the Municipal Court. Improvements to Community Park are also planned for the future as are additions to the current Public Works facilities. Widening of additional roadways is planned to accommodate the growth of the City. Relevant financial policies During Fiscal Year 2010, the City Council approved the revised Financial Management Policies. Changes made to the previous policies included updating operating reserve policies to reflect goals which are currently in use, establishing a contingency account for expenditures at midyear and updating purchasing limits to properly reflect current practices and state law. In addition, provisions were made for monthly financial and investment reports to be presented to the Council. Financial policies state that, "The City's goal will be to maintain the General Fund ending fund balance at 25% of budgeted expenditures." Fund balances may be allowed to drop below the goal amount only upon approval of the City Council. In FY2010, a reduction of reserves was used to fund a new public safety radio system. Major initiatives In addition to construction projects, the City noted another important event as the first piece of public art was unveiled. A mural dedicated to the outstanding service of our firefighters was placed at Wylie Fire Station No. 3. Other public art pieces will be installed at the new Municipal Complex and in City parks. Progress was also made in another transportation-related area as train whistles became a thing of the past. City staff in conjunction with the Federal Railroad Administration and Kansas City Southern (KCS) Railroad created quiet zones at twelve railroad crossings throughout the city. Many citizens were anxious for these quiet zones and trains are no longer required to blow their whistles as they pass through the intersection of tracks and roadway. iii Awards and Acknowtodgsmilints The Government Finance Officers, Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Wylie for its comprehensive annual'financial report(CAFR)for Me'fiscal year ended September 30,2009. The City has participated in the program for many years and has been awarded the Certificate numerous times. Ii order to be awarded a Certificate of Achievement, the governmerit must publish an easily readable and efficiently organized CAFR„ This; report must Satisfy both CAA P and applicable legal requirernents. A Certificate of Achievement is valid fur a period of one year only. We believe our current report continues to conform to the Certificate of Achievement program requirements, and we ore submitting it to the GFOA to determine its eligibility for another certificate. The preparation of this report could not be accomplished without the dedicated services of the entire staff of the Finance Department, We would also like to express our appreciation to all staff members who assisted and contributed to the preparation of this report, Acknowledgement is also given to representatives of Weaver, LLP, Certified Public Accountants for their dedicated assistance in producing this report, Special acknowledgement is given to the City Manager, Mayr and the members of the City Council for their support for maintaining the highest standards of professionalism in the management of the City of Wylie finances. Respectively submitted, ki.12 Linda Bentz Melissa Beard Finance Director Assistant Finance Director Certificate of Achievement for Excellence in Financial . .. . Re. orting Presented to City of Wylie Texas For its Comprehensive Annual Financial Report for the Fiscal Year Ended September 30,2009 A Certificate of Achievement for Excellence in'Financial Reporting is presented by the Government Finance Officers Association of the'United States and Canada to government units arid public employee retirement systems whose comprehensive annual financial reports(CAER.$)achieve the highest standards in government accounting and financial reporting. 'c,`, 4:10,6114 SUVA v 7 •r; ',id AND 't r, 47; ' ,' Ti.:2., CfrAPPAT7A. ( President "7010 4.."'N,,,,,,, Ce4.pg,..., '.""' ' • Executive Director V FY 2010 CITY OF WYLIE ORGANIZATIONAL CHART reayar And City ue.^cil Paf'I's a il AivIncry Eoards Csrrpo'allzn 1,, Co-nrrlssars AJyle Econ. Deaebprnerrt Ca, NM Muriupal Co cr _ Altom) Jutlgp s4na= i iall lin , Pi, IMI Sup-pal I I El - LIIIMuncIr IsCamnnl:elbes :44, r �': HJ-�an =k[I tSSY_r_C'. Vs11-8%' al Ccn,7xlcr Max{[r =.':'a:" l E `1aaicSwer a P xl � rrcma:cr 'Inc[ _.,..„SCi Recr[al or Vi CITY OF WYLIE, TEXAS PRINCIPAL OFFICIALS September 30, 2010 City Council Eric Hogue, Mayor M. G. "Red" Byboth, Mayor Pro Tern David Goss, Councilmember Kathy Spillyards, Councilmember Bennie Jones, Councilmember Rick White, Councilmember Carter Porter, Councilmember City Staff Mindy Manson, City Manager Jeff Butters, Assistant City Manager Carole Ehrlich, City Secretary Linda Bantz, Director of Finance John Duscio, Police Chief Randy Corbin, Fire Chief Chris Hoisted, City Engineer Mike Sferra, Public Services Director Rachel Orozco, Library Director Mike McAnnally, Building Director Renae' 011ie, Planning Director Sam Satterwhite, WEDC Director Other Appointed Officials Weaver, LLP, Auditors Abernathy, Roeder, Boyd &Joplin, PC, City Attorney Fulbright&Jaworski, LLP, Bond Counsel First Southwest Company, Financial Advisors vii ',Ott*..jo ; !� (fL (� J 6606 III`�1I�' g LaAN CIO VOIL �. �� ti #/1 '; � �i � ii / FINANCIAL SECTION ',Ott*..jo ; !� (fL (� J 6606 III`�1I�' g LaAN CIO VOIL �. �� ti #/1 '; � �i � ii / weaver Ilu�a oo INDEPENDENT AUDITOR'S REPORT Members of the City Council City of City of Wylie, TX We have audited the accompanying financial statements of the governmental activities, business-type activities, the discretely presented component unit, each major fund, and the aggregate remaining fund information of the City of Wylie (the City) as of and for the year ended September 30, 2010, which collectively comprise the City's basic financial statements as listed in the table of contents. These financial statements are the responsibility of the City's administration. Our responsibility is to express an opinion on these basic financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the basic financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the basic financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall basic financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the government activities, business-type activities, the discretely presented component unit, each major fund, and the aggregate remaining fund information of the City as of September 30, 2010, and the respective changes in financial position and cash flows, where applicable, thereof, for the year then ended in conformity with accounting principles generally accepted in the United States of America. In accordance with Government Auditing Standards, we have also issued our report dated January 18, 2011, on our consideration of the City's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of the testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of our audit. The accompanying management's discussion and analysis (on pages 3 through 9) and budgetary comparison information (pages 53 through 55) are not a required part of the basic financial statements but are supplementary information required by the Governmental Accounting Standards Board. We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the required supplementary information. However, we did not audit the information and express no opinion on it. A d INDEf'ENDENI WEAVER AND TIDWELL LLP DALLAS hAkED Or HOLD CIL.['f (,CIPCILILII['IJEfLI(;AC 4;(J[JIViA[dikrAMP C;OSI,ILCANI`. 12221 PJI[RI I [H Vk. MI If HfIJ.DAII LA', IkNTHINATI1IJ141L DAINVJ.'fk[AM DiII' f'.(')1214AU ID/VI f:(°1121 !02 D321 City of Wylie, TX Page 2 Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the City of Wylie's basic financial statements. The introductory section, combining and individual nonmajor fund financial statements and schedules, and statistical tables listed in the table of contents are presented for purposes of additional analysis and are not a required part of the basic financial statements. The combining and individual nonmajor fund financial statements and schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairly stated, in all material respects in relation to the basic financial statements taken as a whole. The introductory section and statistical tables have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we express no opinion on them. WEAVER AND TI DWELL, L.L.P. Dallas, Texas January 18, 2011 2 City of Wylie, Texas Management's Discussion and Analysis September 30, 2010 As management of the City of Wylie, we offer readers of the City's financial statements this narrative overview and analysis of the financial activities of the City for the fiscal year ended September 30, 2010. We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal, which can be found on pages one through four of this report. Financial Highlights • The assets of the City exceeded its liabilities at the close of the fiscal year ended September 30, 2010, by $167,445,883 (net assets). Of this amount, $31,152,491 (unrestricted net assets) may be used to meet the government's ongoing obligations to citizens and creditors. • The City's total net assets increased by $7,389,071. The increase is attributable to increases in revenues, particularly ad valorem taxes and County funding for road construction projects, accompanied by only a small increase in expenditures. • The City's governmental funds reported combined ending fund balances of$58,700,561, a decrease of$23,679,996 in comparison to the previous year. The decrease is due primarily to expenditures on capital projects. • The unreserved portion of the General Fund fund balance at the end of the year was $8,305,011 or 35% of total General Fund expenditures and transfers out. • Total debt of the City decreased by $3,835,332 during the fiscal year due to payments on bonded debt. • Working capital increased in the Utility Fund by $515,794 in comparison to the previous year. An application of impact fees for debt service expenses in relation to the Muddy Creek Wastewater Treatment Plant accounts for most of the increase. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the City's basic financial statements. The City's basic financial statements comprise three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves. Government-wide financial statements. The government-wide financial statements are designed to provide readers with a broad overview of the City of Wylie's finances. This is done in a manner similar to a private-sector business. Two statements, the Statement of Net Assets and the Statement of Activities, are utilized to provide this financial overview. The Statement of Net Assets presents information on all of the City's assets and liabilities with the difference between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful indicator of whether the financial position of the City is improving or deteriorating. The Statement of Activities presents information showing how the government's net assets changed during the most recent fiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flow. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). Both of the government-wide statements distinguish between governmental activities and business-type activities. Governmental activities basically account for those activities supported by taxes and intergovernmental revenues. On the other hand, business-type activities are basically supported by user fees and charges. Most City services are reported in governmental activities while business-type activities are reported in the Enterprise Fund. 3 City of Wylie, Texas Management's Discussion and Analysis September 30, 2010 The government-wide statements include not only the City but also a discrete component unit, the Wylie Economic Development Corporation (WEDC). Although legally separate, WEDC is financially accountable to the City. Fund financial statements. The City, like other state and local governments, utilizes fund accounting to ensure and demonstrate compliance with finance-related legal requirements. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. All of the funds of the City can be divided into two categories: governmental funds and proprietary funds. Governmental funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government- wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government's near-term financing requirements. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government's near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The City maintains twenty individual governmental funds. Information is presented separately in the Governmental Fund Balance Sheet and in the Governmental Fund Statement of Revenues, Expenditures and Changes in Fund Balances for the General Fund and the General Obligation Debt Service Fund. All Capital Projects Funds are combined for a single, aggregated presentation. Data from the other non-major funds are also combined and reported in a single column. Individual fund data for each of the non-major governmental funds is provided in the form of combining statements elsewhere in this report. Proprietary funds. The City maintains two types of proprietary funds: enterprise funds and internal service funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses an enterprise fund to account for its water and sewer operations. Internal service funds are an accounting device used to accumulate and allocate costs internally among the City's various functions. The City uses an internal service fund to account for its fleet of vehicles and certain specialized mobile equipment. Proprietary funds financial statements provide the same type of information as the government-wide financial statements, only in more detail. Notes to the financial statements. The notes provide additional information that is essential to gain a full understanding of the data provided in the government-wide and fund financial statements Other information. In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information. Required supplementary information can be found after the notes to the financial statements. Government-Wide Financial Analysis At the end of fiscal year 2010, the City's net assets (assets exceeding liabilities)totaled $167,445,883. This analysis focuses on the net assets(Table 1) and changes in net assets (Table 2). Net Assets. The largest portion of the City's net assets, $130,665,906, or 78.03%, reflects its investment in capital assets (land, buildings, improvements other than buildings, machinery and equipment, construction in 4 City of Wylie, Texas Management's Discussion and Analysis September 30, 2010 progress), less any related debt used to acquire those assets that is still outstanding. The City uses these assets to provide services to its citizens; consequently, these assets are not available for future spending. Although the City reports its capital assets net of related debt, the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. An additional portion of the City's net assets, $5,627,486, or 3.36% represents resources that are subject to external restrictions on how they may be used. The unrestricted net assets of$31,152,491 (18.61%) may be used to meet the government's ongoing obligations to citizens and creditors. Table 1 Condensed Statement of Net Assets Governmental Business-type Activities Activities Total 2010 2009 2010 2009 2010 2009 Current and other assets $ 69,519,793 $ 90,499,903 $23,768,493 $25,072,200 $ 93,288,286 $115,572,103 Capital assets 161,311,251 133,469,583 44,748,125 43,312,533 206,059,376 176,782,116 Total Assets 230,831,044 223,969,486 68,516,618 68,384,733 299,347,662 292,354,219 Long term liabilities 109,641,574 112,161,155 11,860,725 13,176,474 121,502,299 125,337,629 Other liabilities 8,584,095 6,076,233 1,815,385 883,545 10,399,480 6,959,778 Total liabilities 118,225,669 118,237,388 13,676,110 14,060,019 131,901,779 132,297,407 Net Assets: Invested in capital assets, 92,652,726 87,367,632 38,013,180 37,166,408 130,665,906 124,534,040 net of related debt Restricted for debt service 157,135 - - 322,849 157,135 322,849 Restricted for capital projects - - 5,470,351 7,015,290 5,470,351 7,015,290 Unrestricted 19,795,514 18,364,466 11,356,977 9,820,167 31,152,491 28,184,633 Total Net Assets $112,605,375 $105,732,098 $54,840,508 $54,324,714 $ 167,445,883 $160,056,812 Changes in Net Assets. The net assets of the City increased by $7,389,071 for the fiscal year ended September 30, 2010. Governmental Activities. Governmental activities increased the City's net assets by $6,873,277 from the prior year. This was generated primarily by increased ad valorem tax revenue and County funding for road construction projects. Business-type Activities. Net assets from business-type activities increased by$515,794 from the prior year. Increased utility revenues from the growth of our customer base was primarily responsible for this increase in net assets. 5 City of Wylie, Texas Management's Discussion and Analysis September 30, 2010 Table 2 Changes in Net Assets Governmental Business-type Activities Activities Total 2010 2009 2010 2009 2010 2009 Revenues: Program revenues: Charges for services $ 4,416,331 $ 4,232,407 $ 11,088,925 $ 10,172,309 $ 15,505,256 $ 14,404,716 Operating grants and contributions 474,576 264,209 - - 474,576 264,209 Capital grants and contributions 6,494,706 5,731,359 - 51,500 6,494,706 5,782,859 General revenues: Ad valorem taxes 20,649,388 20,391,128 - - 20,649,388 20,391,128 Sales taxes 4,086,686 3,933,650 - - 4,086,686 3,933,650 Other taxes and fees 2,226,420 2,391,509 - - 2,226,420 2,391,509 Interest 212,547 924,047 169,925 299,563 382,472 1,223,610 Gain(loss)disposal of capital assets (5,315) 10,769 - - (5,315) 10,769 Miscellaneous 118,547 297,601 201,363 579,455 319,910 877,056 Total revenues 38,673,886 38,176,679 11,460,213 11,102,827 50,134,099 49,279,506 Expenses: General Government 6,479,482 3,485,356 - - 6,479,482 3,485,356 Public Safety 11,859,042 11,585,582 - - 11,859,042 11,585,582 Urban Development 1,193,068 1,178,655 - - 1,193,068 1,178,655 Streets 4,263,064 6,761,308 - - 4,263,064 6,761,308 Community Service 3,292,045 3,325,813 - - 3,292,045 3,325,813 Interest on long-term debt 5,163,908 4,872,366 - - 5,163,908 4,872,366 Water and sewer operations - - 10,494,419 10,338,152 10,494,419 10,338,152 Total expenses 32,250,609 31,209,080 10,494,419 10,338,152 42,745,028 41,547,232 Increase in net assets before 6,423,277 6,967,599 965,794 764,675 7,389,071 7,732,274 transfers Transfers 450,000 450,000 (450,000) (450,000) - - Increase in net assets 6,873,277 7,417,599 515,794 314,675 7,389,071 7,732,274 Net assets-October 1 105,732,098 98,314,499 54,324,714 54,010,039 160,056,812 152,324,538 Net assets-September 30 $ 112,605,375 $ 105,732,098 $ 54,840,508 $ 54,324,714 $ 167,445,883 $ 160,056,812 Government-Wide Financial Analysis Governmental funds. The focus of the City's governmental funds is to provide information on near-term inflows, outflows and balances of spendable resources. Such information is useful in assessing the City's financing requirements. In particular, unreserved fund balance may serve as a useful measure of a government's net resources available for spending at the end of the fiscal year. As of the end of the current fiscal year, the City's governmental funds reported combined fund balances of $58,700,561. 6 City of Wylie, Texas Management's Discussion and Analysis September 30, 2010 The General Fund is the main operating fund of the City. At the end of the current fiscal year, unreserved fund balance was $8,305,011. The unreserved fund balance of the General Fund decreased by $1,612,722 during the current fiscal year. The primary reason for the decrease was a budgeted drawdown of reserves to fund the new radio system for public safety. The General Obligation Debt Service Fund had a decrease of $253,048 in fund balance. These funds are specifically reserved for the payment of debt service. The Capital Projects Fund decreased $23,792,590 due to the expenditures made on capital projects. Other governmental funds' combined fund balances increased $1,465,307. Proprietary funds. The City's proprietary funds provide the same type of information found in the government-wide statements, but in more detail. Unrestricted net assets of the Utility Fund at the end of the year amounted to $11,356,977. This represents an increase of$515,794 over the previous year. This year's operating income was$1,129,262. This change from last year's operating income of $416,450 is attributable to an increase in water revenue and sewer revenue. The Internal Service Fund realized a decrease of$577,759 in unrestricted net assets for the year. This was primarily the result of no transfers from other funds while maintenance, capital outlay costs and depreciation expense continued to be incurred. General Fund Budgetary Highlights. In FY2010 the General Fund expenditure budget was increased by $972,722 over the 2009 budget. Each year the City performs a mid-year review of the budget. If the City Manager determines that funds are available certain amendments are proposed to the City Council for their review and approval. Expenditures were amended throughout the year with the majority occurring during mid-year reviews. These amendments increased General Fund appropriations by $1,182,288 or 5%. The largest portion of the amendments was an increase in the transfer to the Emergency Communication Fund for additional expenses incurred on the radio system project. In the General Fund, the actual revenue received in comparison to the final budget was over by $255,299. This positive variance is most noticeable in licenses and permits, sales tax revenue and intergovernmental revenue. General Fund expenditures had a final budget to actual variance of $840,103 prior to other financing sources/uses. This amount is attributable to intentional savings made by all departments in order to increase reserves. Personnel savings due to turnover and unfilled vacancies were also a factor. Capital Assets and Debt Administration Capital Assets. The City's investment in capital assets for its governmental and business-type activities as of September 30, 2010, amounts to $206,059,376 (net of accumulated depreciation). The investment in capital assets includes land, buildings, improvements other than buildings, machinery and equipment, and construction in progress. The total increase in the City's investment in capital assets for the current year was 16.6%. 7 City of Wylie, Texas Management's Discussion and Analysis September 30, 2010 Table 3 Capital Assets at Year-end Net of Accumulated Depreciaton(000's) Governmental Activities Business-Type Activities Total Asset 2010 2009 2010 2009 2010 2009 Land $ 29,896 $ 29,461 $ 111 $ 59 $ 30,007 $ 29,520 Other non-depreciable assets 495 400 - - 495 400 Buildings 1,867 1,981 140 149 2,007 2,130 Improvements 66,481 70,129 38,225 39,559 104,706 109,688 Machinery and equipment 2,636 3,105 41 51 2,677 3,156 Construction in progress 59,936 28,394 6,231 3,494 66,167 31,888 $ 161,311 $ 133,470 $ 44,748 $ 43,312 $ 206,059 $ 176,782 Additional information on the City's capital assets can be found in the notes to the financial statements on pages 37-38. Debt Administration. At the end of the current fiscal year, the City of Wylie had total debt outstanding of $120,324,743. Of this amount, $119,574,743 comprises bonded debt backed by the full faith and credit of the City in addition to unamortized premiums and net deferred losses on refundings. $750,000 represents debt backed by sales tax revenues. Table 4 Outstanding Debt at Year End(000's) Governmental Activities Business-Type Activities Total Type of Debt 2010 2009 2010 2009 2010 2009 General Obligation $ 85,590 $ 87,288 $ 4,125 $ 2,047 $ 89,715 $ 89,335 Combination Tax&Revenue 21,590 21,855 7,000 7,280 28,590 29,135 Contractual Obligations 882 1,055 730 844 1,612 1,899 Loans Payable/PPFCO - - - - - - Sales Tax Revenue 750 850 - - 750 850 Water&Sewer Revenue - - - 2,940 - 2,940 Unamortized premium(discount) 316 330 (48) (70) 268 260 Deferred loss(gain)on refunding (530) (162) (81) (10) (611) (172) Total $ 108,598 $ 111,216 $ 11,726 $ 13,031 $ 120,324 $ 124,247 8 City of Wylie, Texas Management's Discussion and Analysis September 30, 2010 The City issued $10,160,000 General Obligation Refunding Bonds during the fiscal year. In addition, $525,000 Combination Tax and Revenue Certificates of Obligation were issued for renovations and improvements to the current City Hall. The City continues to maintain favorable ratings from bond rating agencies. Reviews during the fiscal year by both Moody's Investors Service and Standard and Poor's along with rating recalibrations by Moody's yielded a rating increase on the City's revenue bonds from A3 to Al and an increase on the City's general obligation bonds from A2 to Aa3 by Moody's. The current General Obligation, Combination Tax and Revenue Certificates of Obligation, and Revenue Bonds ratings are as follows. Moody's Standard Investors Service & Poor's General obligation bonds Aa3 A+ Certificates of obligation Aa3 A+ Revenue bonds Al A+ Additional information on the City's long-term debt can be found in the notes to the financial statements on pages 40-44. Economic Factors and Next Years's Budgets and Rates During FY2010, 291 building permits were issued. Although the community has grown substantially in recent years, the growth has experienced a marked slowdown in accordance with current economic conditions. This was also reflected by a decrease of $26,707,422 in the assessed valuation of taxable property from FY2010 to FY2011. Our growth pattern is projected to continue into FY2011 at the more modest rate evident in FY 2010. The current slow down and decrease in assessed property valuation had a significant impact in the development of the FY2011 operating budget. In FY2011, General Fund revenues and expenditures are budgeted to increase by 6.13% and 14.38 % prior to other financing sources and transfers out, respectively, over FY2010 revenues and expenditures. This will provide a 26% estimated fund balance at FY2011 year-end which is larger than the 25% normally targeted. Utility Fund operating revenues are budgeted to increase by 6.1% over FY2010 revenues and operating expenses are projected to increase by 12.9% from FY2010. The FY2011 budget includes a transfer of impact fees for debt service payments on the Muddy Creek Wastewater Treatment Plant bringing working capital balances up to acceptable levels. In the Utility Fund, water and sewer rates were adjusted for the 2011 budget year to compensate for increased water and sewer charges from North Texas Municipal Water District. During FY2006, voters authorized the City to issue $73,950,000 in bonds. $35,325,000 was issued in 2006 with the remaining $38,625,000 issued in 2008. Although the tax rate was unchanged from FY2010 to FY2011, the issuance of these bonds is expected to cause an increase in the I & S tax rate to cover the principal and interest payments on the additional debt. Requests for Information This financial report is designed to provide a general overview of the City's finances for all those with an interest in the government's finances. Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to the Finance Department, 300 Country Club Road, Wylie, Texas, 75098. 9 ',Ott*..jo ; !� (fL (� J 6606 III`�1I�' g LaAN CIO VOIL �. �� ti #/1 '; � �i � ii / BASIC FINANCIAL STATEMENTS 11 ',Ott*..jo ; !� (fL (� J 6606 III`�1I�' g LaAN CIO VOIL �. �� ti #/1 '; � �i � ii / CITY OF WYLIE, TEXAS EXHIBIT A-1 STATEMENT OF NET ASSETS SEPTEMBER 30, 2010 Primary Government Governmental Business-type Component ASSETS Activities Activities Total Unit Cash and cash equivalents $ 62,525,062 $ 16,174,179 $ 78,699,241 $ 748,334 Receivables(net of allowance for uncollectibles) 5,874,058 1,820,552 7,694,610 602,841 Inventories 156,353 73,935 230,288 2,836,595 Prepaid items 9,417 9,417 - Restricted assets: Cash and cash equivalents 109,573 2,846,410 2,955,983 - Receivables - 2,623,941 2,623,941 - Deferred charges 845,330 229,476 1,074,806 - Capital assets(net of accumulated depreciation): Land 29,895,924 110,595 30,006,519 - Other non-depreciable assets 494,650 - 494,650 - Construction in progress 59,935,991 6,231,358 66,167,349 - Buildings 1,867,198 139,627 2,006,825 - Improvement other than buildings 66,481,328 38,225,331 104,706,659 - Machinery and equipment 2,636,160 41,214 2,677,374 - Total Assets 230,831,044 68,516,618 299,347,662 4,187,770 LIABILITI ES Accounts payable and other current liabilities 7,857,070 1,380,730 9,237,800 46,354 Unearned revenue - - - 264,120 Accrued interest payable 638,764 86,640 725,404 512 Due to other governments 88,261 - 88,261 - Liabilities payable from restricted assets - 348,015 348,015 - Non Current Liabilities: Due within one year 4,051,939 973,300 5,025,239 167,031 Due in more than one year: 105,589,635 10,887,425 116,477,060 716,358 Total Liabilities 118,225,669 13,676,110 131,901,779 1,194,375 NET ASSETS Invested in capital assets (net of related debt) 92,652,726 38,013,180 130,665,906 - Restricted for: Debt service 157,135 - 157,135 - Capital projects - 5,470,351 5,470,351 - Unrestricted 19,795,514 11,356,977 31,152,491 2,993,395 Total Net Assets $ 112,605,375 $ 54,840,508 $ 167,445,883 $ 2,993,395 The accompanying notes to the basic financial statements are an integral part of this statement. 13 CITY OF WYLIE, TEXAS STATEMENT OF ACTIVITIES FOR THE YEAR ENDED SEPTEMBER 30, 2010 Program Revenues Operating Capital Charges for Grants and Grants and Function/Programs Expenses Services Contributions Contributions Primary Government Governmental Activities: General government $ 6,479,482 $ 2,255,866 $ 134,620 $ - Public safety 11,859,042 1,257,540 202,116 157,975 Urban development 1,193,068 652,839 - - Streets 4,263,064 - - 6,066,054 Community service 3,292,045 250,086 137,840 270,677 Interest on long-term debt 5,163,908 - - - Total governmental activities 32,250,609 4,416,331 474,576 6,494,706 Business-type activities: Utility 10,494,419 11,088,925 - - Total business-type activities 10,494,419 11,088,925 - - Total primary government $ 42,745,028 $ 15,505,256 $ 474,576 $ 6,494,706 Component unit: Wylie Economic Development Corp $ 1,019,878 $ 63,747 $ - $ - General revenues: Ad valorem taxes Sales taxes Franchise taxes Unrestricted Investment Earnings Miscellaneous income Gain (loss) on disposal of capital assets Transfers Total general revenues and transfers Change in net assets Net assets-Beginning Net assets-Ending The accompanying notes to the basic financial statements are an integral part of this statement. 14 EXHIBIT A-2 Net(Expense) Revenue and Changes in Net Assets Governmental Business-type Component Activities Activities Total Unit $ (4,088,996) $ - $ (4,088,996) $ - (10,241,411) - (10,241,411) - (540,229) - (540,229) - 1,802,990 - 1,802,990 - (2,633,442) - (2,633,442) - (5,163,908) - (5,163,908) - (20,864,996) - (20,864,996) - - 594,506 594,506 - - 594,506 594,506 - $ (20,864,996) $ 594,506 $ (20,270,490) $ - $ - $ - $ - $ (956,131) 20,649,388 - 20,649,388 - 4,086,686 - 4,086,686 1,343,738 2,226,420 - 2,226,420 - 212,547 169,925 382,472 1,974 118,547 201,363 319,910 25,063 (5,315) - (5,315) - 450,000 (450,000) - - 27,738,273 (78,712) 27,659,561 1,370,775 6,873,277 515,794 7,389,071 414,644 105,732,098 54,324,714 160,056,812 2,578,751 $ 112,605,375 $ 54,840,508 $ 167,445,883 $ 2,993,395 15 CITY OF WYLIE, TEXAS BALANCE SHEET-GOVERNMENTAL FUNDS SEPTEMBER 30, 2010 General Obligation General Fund Debt Service ASSETS Cash and cash equivalents $ 8,605,602 $ 680,047 Receivables (net of allowance for uncollectibles): Ad valorem taxes 243,148 115,852 Franchise taxes 992,843 - Sales taxes 494,279 - Accounts 290,299 - Other 207,239 - Inventories, at cost 150,952 - Prepaid items 2,437 - Total assets $ 10,986,799 $ 795,899 LIABILITIES AND FUND BALANCES LIABILITIES: Accounts payable $ 680,331 $ - Other payables and accruals 628,605 - Retainage payable - - Due to other governments 88,261 - Accrued interest payable - 35,431 Deferred revenue 1,131,202 104,066 Total liabilities 2,528,399 139,497 FUND BALANCES: RESERVED FOR: Inventory 150,952 - Prepaids 2,437 - Debt service - 656,402 Unreserved, reported in: General fund, undesignated 8,305,011 - Special revenue funds - - Debt service funds - - Capital project funds - - Total fund balances 8,458,400 656,402 Total liabilities and fund balances $ 10,986,799 $ 795,899 The accompanying notes to the basic financial statements are an integral part of this statement. 16 EXHIBIT A-3 Capital Other Total Projects Governmental Governmental Fund Funds Funds $47,158,852 $ 5,432,461 $ 61,876,962 - - 359,000 - - 992,843 - 241,347 735,626 - - 290,299 3,233,598 55,453 3,496,290 - - 150,952 - 6,980 9,417 $50,392,450 $ 5,736,241 $ 67,911,389 $ 2,879,123 $ 187,894 $ 3,747,348 - 45,141 673,746 3,430,774 - 3,430,774 - - 88,261 - - 35,431 - - 1,235,268 6,309,897 233,035 9,210,828 - - 150,952 - - 2,437 - - 656,402 - - 8,305,011 - 5,308,220 5,308,220 - 194,986 194,986 44,082,553 - 44,082,553 44,082,553 5,503,206 58,700,561 $50,392,450 $ 5,736,241 $ 67,911,389 17 CITY OF WYLIE, TEXAS EXHIBIT A-4 RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET TO THE STATEMENT OF NET ASSETS SEPTEMBER 30, 2010 Total fund balance-governmental funds balance sheet $ 58,700,561 Amounts reported for governmental activities in the statement of net assets are different because: Capital assets used in governmental activities are not current financial resources and therefore are not reported in the governmental funds balance sheet(less$1,902,221 in assets allocated to governmental actvities from the internal service fund). 159,409,030 Revenues earned but not available within sixty days of the fiscal year-end are not recognized as revenue in the fund financial statements. 1,235,268 Internal service funds are used by management to charge certain activities, such as fleet management,to individual funds. This amount represents the assets less the liabilities of the internal service fund allocated to governmental activities. 2,660,093 Interest payable on long-term debt does not require current financial resources,therefore interest payable is not reported as a liability in the governmental funds balance sheet. (603,333) Costs associated with the issuance of governmental long-term debt are expensed when incurred in the fund statements and capitalized and amortized over the life of the debt in the government-wide financial statements. 845,330 Long-term liabilities, including bonds payable, are not due and payable in the current period, and therefore are not reported in the fund financial statements. (109,641,574) NET ASSETS OF GOVERNMENTAL ACTIVITIES -statement of net assets $ 112,605,375 The accompanying notes to the basic financial statements are an integral part of this statement. 18 CITY OF WYLIE, TEXAS EXHIBIT A-5 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE GOVERNMENTAL FUNDS FOR THE YEAR ENDED SEPTEMBER 30, 2010 General Other Total Obligation Debt Capital Projects Governmental Governmental General Fund Service Fund Funds Funds REVENUES Ad valorem taxes $ 12,648,699 $ 8,000,376 $ - $ - $ 20,649,075 Sales taxes 2,698,201 - - 1,388,485 4,086,686 Franchise fees 2,060,000 - - - 2,060,000 Licenses and permits 552,839 - 530,345 - 1,083,184 Intergovernmental 741,750 - 5,680,329 343,918 6,765,997 Service fees 2,143,352 - - 642,930 2,786,282 Court fees 403,038 - - 22,401 425,439 Interest income 29,420 6,155 162,213 12,526 210,314 Miscellaneous income 272,377 - - 167,181 439,558 Total Revenues 21,549,676 8,006,531 6,372,887 2,577,441 38,506,535 EXPENDITURES Current: General government 5,649,688 - - 144,428 5,794,116 Public safety 10,362,322 - - 2,629,443 12,991,765 Urban development 1,161,850 - - - 1,161,850 Streets 1,189,434 - - - 1,189,434 Community service 2,347,964 - - 545,732 2,893,696 Capital outlay - - 30,662,779 - 30,662,779 Debt Service: Principal - 3,142,337 - 316,000 3,458,337 Interest and fiscal charges - 4,844,445 - 246,958 5,091,403 Bond issue costs 200,807 25,000 - 225,807 Total expenditures 20,711,258 8,187,589 30,687,779 3,882,561 63,469,187 Excess(deficiency)of revenues over(under)expenditures 838,418 (181,058) (24,314,892) (1,305,120) (24,962,652) OTHER FINANCING SOURCES(USES) Transfers in 450,000 233,300 - 3,335,727 4,019,027 Transfers out (3,003,727) - - (565,300) (3,569,027) Proceeds from capital lease 109,548 - - - 109,548 Issuance of long-term debt - 7,630,000 525,000 - 8,155,000 Premium(discount)on bonds issued - 6,590 (2,698) - 3,892 Payment to refunded bond escrow agent - (7,435,784) - - (7,435,784) Total other financing sources(uses) (2,444,179) 434,106 522,302 2,770,427 1,282,656 Net change in fund balances (1,605,761) 253,048 (23,792,590) 1,465,307 (23,679,996) Fund balances,October 1,2009 10,064,161 403,354 67,875,143 4,037,899 82,380,557 Fund balances,September 30,2010 $ 8,458,400 $ 656,402 $ 44,082,553 $ 5,503,206 $ 58,700,561 The accompanying notes to the basic financial statements are an integral part of this statement. 19 CITY OF WYLIE, TEXAS EXHIBIT A-6 RECONCILIATON OF THE GOVERNMENTAL FUNDS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE TO THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED SEPTEMBER 30, 2010 Net change in fund balances-total governmental funds. $ (23,679,996) Amounts reported for governmental activities in the statement of activities are different because: Governmental funds report capital outlays as expenditures. However, in the statement of activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount of capital assets recorded in the current period, less developer contributions and$84,036 allocated from the internal service fund). 32,191,383 Depreciation expense on capital assets is reported in the statement of activities but does not require the use of current financial resources. Therefore,depreciation expense is not reported as expenditures in the governmental funds(does not include$453,928 allocated from the internal service fund). (3,955,688) The repayment of the principal of long term debt consumes the current financial resources of governmental funds, but has no effect on net assets.The amortization of bond issuance costs, bond premiums,and deferred gain/loss on refunding of long term debt is reported in statement of activities but does not require the use of current financial resources.Therefore the effect of the amortization of these various items are not reported in the statement of revenues,expenses, and changes in fund balance. This amount represents the net effect of the following items: o Bond proceeds-(8,155,000) o Payment to refunded bond escrow agent-7,435,784 o Deferred loss on refunding-405,784 o (Net) Premium on bonds-(3,892) o Debt issuance costs-225,807 o Repayments-3,458,337 o Amortization of premium on bonds, 18,187, less the amortization of debt issue costs(48,371)and deferred loss on refunding(37,952) 3,298,684 Governmental funds reflect the proceeds of capital leases as other financing sources and payments as expenditures. However, in the government-wide statements,the proceeds and payments are reflected as changes in liabilities. (71,677) Current year changes in accrued interest payable does not require the use of current financial resources;and therefore,are not reported as expenditures in governmental funds. 6,365 Current year changes in the long-term liability for compensated absences do not require the use of current financial resources;and therefore,are not reported as expenditures in governmental funds. (26,460) Internal service funds are used by management to charge the costs of certain activities, such as fleet management,to individual funds.The net loss of the internal service fund is allocated entirely to governmental activities. (577,759) Certain revenues in the government-wide statement of activities that do not provide current financial resources are not reported as revenue in the governmental funds. (311,575) CHANGE IN NET ASSETS OF GOVERNMENTAL ACTIVITIES -statement of activities $ 6,873,277 The accompanying notes to the basic financial statements are an integral part of this statement. 20 ',Ott*..jo ; !� (fL (� J 6606 III`�1I�' g LaAN CIO VOIL �. �� ti #/1 '; � �i � ii / CITY OF WYLIE , TEXAS STATEMENT OF NET ASSETS PROPRIETARY FUNDS SEPTEMBER 30, 2010 Internal Enterprise Fund Service Fund Fleet Utility Fund Replacement ASSETS Current assets Cash and cash equivalents $ 16,174,179 $ 757,673 Accounts receivables (net of allowances for uncollectibles) 1,793,580 - Other receivables 26,972 - Inventories, at cost 73,935 5,401 Restricted assets Cash and cash equivalents 2,846,410 - Accounts receivable 2,623,941 - Total current assets 23,539,017 763,074 Non-current assets Deferred charges 229,476 - Capital assets: Land 110,595 - Buildings 268,801 - Waterworks system 28,942,433 - Sewer system 25,822,292 - Machinery and equipment 160,088 4,975,354 Construction in progress 6,231,358 - Accumulated depreciation (16,787,442) (3,073,133) Total capital assets (net of accumulated depreciation) 44,748,125 1,902,221 Total non-current assets 44,977,601 1,902,221 Total assets $ 68,516,618 $ 2,665,295 The accompanying notes to the basic financial statements are an integral part of this statement. 22 EXHIBIT A-7 Internal Enterprise Fund Service Fund Fleet Utility Fund Replacement LIABILITIES Current liabilities: Accounts payable $ 1,196,170 $ 5,202 Other payables and accruals 184,560 - Compensated absences payable-current 88,701 - General obligation bonds payable- current 475,000 - Combination bonds-tax and revenue- current 409,599 - Accrued interest payable 86,640 - Payable from restricted assets - Customer deposits 317,816 Accounts payable 30,199 - Total current liabilities 2,788,685 5,202 Non-current liabilities: Compensated absences payable 45,632 - General obligation bonds payable 3,521,727 - Combination bonds-tax and revenue 7,320,066 - Total noncurrent liabilities 10,887,425 - Total liabilities 13,676,110 5,202 NET ASSETS Invested in capital assets, net of related debt 38,013,180 1,902,221 Restricted for construction 5,470,351 - Unrestricted 11,356,977 757,872 Total net assets $ 54,840,508 $ 2,660,093 23 CITY OF WYLIE, TEXAS EXHIBIT A-8 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET ASSETS - PROPRIETARY FUNDS FOR THE YEAR ENDED SEPTEMBER 30, 2010 Enterprise Internal Service Fund Fund Fleet Utility Fund Replacement OPERATING REVENUES Water $ 5,385,666 $ - Sewer 4,743,152 - Penalties 162,018 - Water taps 352,269 - Sewer taps 384,140 - Reconnect fees 61,680 - Total operating revenues 11,088,925 - OPERATING EXPENSES Water purchases 2,061,750 - Sewer treatment 3,404,283 - Utility administration 553,370 - Water department 1,018,941 - Sewer department 488,815 - Utility billing 472,144 - Engineering 358,966 - Combined services 230,273 - Tools and equipment - 123,693 Depreciation and amortization 1,371,121 453,928 Total Operating Expenses 9,959,663 577,621 Operating income(loss) 1,129,262 (577,621) NON-OPERATING REVENUES (EXPENSES) Investment revenue 169,925 2,233 Miscellaneous income 201,363 2,944 Gain on sale of property - (5,315) Interest expense (534,756) - Total non-operating revenues(expenses) (163,468) (138) Net income(loss) before transfers and contributions 965,794 (577,759) TRANSFERS AND CAPITAL CONTRIBUTIONS Transfers in 1,500,000 - Transfers out (1,950,000) - Total transfers and capital contributions (450,000) - Change in net assets 515,794 (577,759) Net assets, October 1 54,324,714 3,237,852 Net assets,September 30 $ 54,840,508 $ 2,660,093 The accompanying notes to the basic financial statements are an integral part of this statement. 24 CITY OF WYLIE, TEXAS EXHIBIT A-9 STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR THE YEAR ENDED SEPTEMBER 30, 2010 Internal Service Enterprise Fund Fund Utility Fund Fleet Replacement CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers $ 11,176,263 $ - Cash receipts(payments)for interfund services to other funds - 2,944 Cash payments to employees for services (1,463,009) - Cash payments to other suppliers for goods and services (6,109,899) (116,968) Net cash provided by(used in)operating activities 3,603,355 (114,024) CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Transfers to other funds(net) (450,000)Net cash provided by(used in)non-capital financing activities (450,000) - CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Proceeds from capital debt 2,530,000 - Principal and interest paid (4,353,114) - Bond issue costs (59,710) - Acquisition or construction of capital assets (2,789,285) (84,036) Proceeds from disposal of capital assets - 14,907 Net cash(used in)capital and related financing activities (4,672,109) (69,129) CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends on investments 169,925 2,233 Net cash provided by investing activities 169,925 2,233 Net(decrease)in cash and cash equivalents (1,348,829) (180,920) Cash and cash equivalents at begininng of year 20,369,418 938,593 Cash and cash equivalents at end of year $ 19,020,589 $ 757,673 RECONCILIATION TO STATEMENT OF NET ASSETS Cash and cash equivalents $ 16,174,179 757,673 Restricted cash and cash equivalents 2,846,410 - Total cash and cash equivalents $ 19,020,589 $ 757,673 RECONCILIATION OF OPERATING INCOME(LOSS)TO NET CASH PROVIDED BY(USED IN)OPERATING ACTIVITIES Operating income(loss) $ 1,129,262 $ (577,621) Adjustments to reconcile operating income(loss)to net cash provided by(used in)operating activities: Depreciation and amortization 1,371,121 453,928 Miscellaneous income 201,363 2,944 Effects of changes in assets and liabilities: Decrease(increase)in receivables (124,960) - Decrease(increase)in inventories (600) 6,011 Decrease(increase)in prepaids - - Decrease(increase)in restricted receivables 122,720 - Increase(decrease)in accounts payable 911,544 714 Increase(decrease)in other payables and accruals (22,154) - Increase(decrease)in compensated absences (10,891) - Increase(decrease)in customer deposits 10,935 - Increase(decrease)in accounts payable from restricted assets 15,015 - Total adjustments 2,474,093 463,597 Net cash provided by(used in)operating activities $ 3,603,355 $ (114,024) NONCASH ITEMS Developer contributions of capital assets The accompanying notes to the basic financial statements are an integral part of this statement. 25 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The City of Wylie (the City) was incorporated in 1887. The City operates under a Council-Manager form of government as a duly incorporated home rule city as authorized under the constitution of the State of Texas, and provides the following services: public safety (police and fire), streets, water, sewer and sanitation, public improvements, culture, planning and zoning, parks and recreation, and general administrative services. The City reports in accordance with accounting principles generally accepted in the United States of America (GAAP) as established by the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB). The accounting and reporting framework and the more significant accounting principles and practices are discussed in subsequent sections of this Note. The remainder of the notes are organized to provide concise explanation, including required disclosures of budgetary matters, assets, liabilities, fund equity, revenues, expenditures/expenses, and other information considered important to gaining a clear picture of the City's financial activities for the fiscal year ended September 30, 2010. A. Financial Statement Presentation The basic financial statements are prepared in conformity with GASB Statement No. 34, which requires the government-wide financial statements to be prepared using the accrual basis of accounting and the economic resources measurement focus. Government-wide financial statements do not provide information by fund, but distinguish between the City's governmental activities, business-type activities and activities of its discretely presented component unit on the statement of net assets and statement of activities. Significantly, the City's statement of net assets includes both noncurrent assets and noncurrent liabilities of the City. In addition, the government-wide statement of activities reflects depreciation expenses on the City's capital assets, including infrastructure. In addition to the government-wide financial statements, the City has prepared fund financial statements, which use the modified accrual basis of accounting and the current financial resources measurement focus for the governmental funds. The accrual basis of accounting is utilized by proprietary funds. Under this method, revenues are recorded when earned and expenses are recorded at the time liabilities are incurred. The City also presents Management's Discussion and Analysis, which includes an analytical overview of the City's financial activities. In addition, a budgetary comparison statement is presented that compares the original adopted and final amended General Fund budget with actual results. B. Financial Reporting Entity The City's basic financial statements include the accounts of all City operations. In evaluating how to define the government for financial reporting purposes, management has considered all entities for which the City is considered to be financially accountable. The City is a home rule municipality governed by an elected Mayor and six-member City Council, who appoint a City Manager. As required by GAAP, these financial statements present the City and its component units, entities for which the City is considered to be financially accountable. The discretely presented component unit is reported in a separate column in the combined financial statements to emphasize that it is legally separate from the City. 26 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES —CONTINUED B. Financial Reporting Entity—Continued Blended Component Unit The Wylie Park and Recreation Facilities Development Corporation ("the 4B Corporation") is presented in the basic financial statements as a blended component unit of the City. The 4B Corporation's board is substantively the same as the City Council. All members of the 4B Corporation other than the board are City employees. The City Manager is the Chief Executive Operating Officer of the 4B Corporation. The purpose of the 4B Corporation, which is financed with a voter-approved half-cent sales tax, is to promote economic development within the City through the construction of park and recreation facilities. The 4B Corporation has a September 30 year-end. The 4B Corporation's financial budget, treasury, and personnel functions are totally integrated with the City's. All of the 4B Corporation's financial information is presented in the basic and combining financial statements along with the notes to these financial statements. The 4B Corporation does not issue separate financial statements. Discretely Presented Component Unit The Wylie Economic Development Corporation (WEDC) is a discretely presented component unit in the combined financial statements. The governing body of the WEDC is appointed by the City Council and the WEDC's operating budget is subject to approval of the City Council. The WEDC's board is not substantially the same as the City Council. The purpose of the WEDC, which is financed with a voter-approved half-cent City sales tax, is to aid, promote and further the economic development within the City. The WEDC is presented as a governmental fund type and has a September 30 year-end. Under a contract with the WEDC, the financial, budget, treasury and personnel functions of the WEDC are integrated with the City. All of WEDC's financial information is presented in the combined and combining financial statements along with the notes to these financial statements. There are no separately issued financial statements of the WEDC. C. Government-Wide and Fund Financial Statements The basic financial statements include both government-wide (based on the City as a whole) and fund financial statements. The government-wide financial statements (i.e., the statement of net assets and the statement of activities) report information on all of the non-fiduciary activities of the primary government and its component units. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely on fees and charges for support. Additionally, the primary government is reported separately from the legally separate component unit for which the primary government is financially accountable. The government-wide statement of activities demonstrates the degree to which the direct expenses of a functional category (Public Safety, Urban Development, etc.) or program are offset by program revenues. Direct expenses are those that are clearly identifiable with specific function or program. Program revenues include: a) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or program, b) grants and contributions that are restricted to meeting the operational requirements of a particular function or program, or c) grants and contributions that are restricted to meeting the capital requirements of a particular function or program. Taxes and other items not properly included among program revenues are reported instead as general revenues. Internally dedicated resources are also reported as general revenues rather than as program revenues. 27 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES —CONTINUED C. Government-Wide and Fund Financial Statements—Continued Separate fund financial statements are provided for governmental funds and proprietary funds. Major individual governmental funds and major individual enterprise funds are reported as separate columns in the fund financial statements. The major governmental funds are the general fund, the general obligation debt service fund, and the capital projects fund. GASB Statement No. 34 sets forth minimum criteria (percentage of assets, liabilities, revenues or expenditures /expenses of either fund category for the governmental and enterprise combined) for the determination of major funds. The non-major funds are combined in a column in the fund financial statements. The non-major funds are detailed in the combining section of the financial statements. As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements. Proprietary funds distinguish operating revenues and expenses from non-operating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund's principal ongoing operations. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses. When both restricted and unrestricted resources are available for use, it is the government's policy to use restricted resources first, then unrestricted resources as they are needed. D. Measurement Focus, Basis of Accounting, and Financial Statement Presentation The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary fund statements. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. The government-wide and proprietary fund financial statements follow the accounting set forth by the Governmental Accounting Standards Board and all pronouncements of the Financial Accounting Standards Board issued on or before November 30, 1989. The City has elected not to follow subsequent private-sector guidance. Governmental fund level financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments, are recorded only when payment is due. The governmental fund financial statements follow the accounting set forth by the Governmental Accounting Standards Board. Property taxes, franchise fees, and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. Sales taxes collected and held by the State and merchants at year-end on behalf of the City are also recognized as revenue. All other revenue items are considered to be measurable and available only when cash is received by the government. 28 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES —CONTINUED D. Measurement Focus, Basis of Accounting, and Financial Statement Presentation — Continued Fund Accounting The following major funds are used by the City: 1. Governmental Funds: Governmental Funds are those through which most governmental functions of the City are financed. The acquisition, use and balances of the City's expendable financial resources and the related liabilities (except those accounted for in proprietary funds) are accounted for through governmental funds. The measurement focus is on determination of changes in financial position, rather than on net income determination. The following is a description of the major Governmental Funds of the City: a. The General Fund is the operating fund of the City. This fund is used to account for all financial resources not accounted for in other funds. All general tax revenues and other receipts that are not restricted by law or contractual agreement to some other fund are accounted for in this fund. General operating expenditures, fixed charges and capital improvement costs that are not paid through other funds are paid from the General Fund. b. The General Obligation Debt Service Fund is used to account for the accumulation of financial resources for the payment of principal, interest and related costs on general obligation long-term debt paid from taxes levied by the City. c. The Capital Projects Fund is used to account for the acquisition or construction of capital facilities, except those being financed by proprietary funds. In addition, the City reports the following non-major governmental funds. a. 4B Sales Tax Revenue Fund accounts for sales tax monies specifically designated for promoting economic development within the City by developing, implementing, providing and financing park and recreation projects. b. Parks Acquisition and Improvement Fund accounts for the development and improvement of City parks. c. Emergency Communications Fund accounts for the operations of the 911 dispatch services of the police and fire departments. d. Fire Training Center Fund accounts for First Responder fees specifically designated for the construction of the Fire Training Center. e. Fire Development Fees Fund accounts for contributions specifically designated for use of the fire department. f. Municipal Court Technology Fund accounts for court fines specifically designated for improvements in court technology. g. Municipal Court Building Security Fund accounts for court fines specifically designated for additions/improvements to court security. h. Hotel Tax Fund accounts for occupancy taxes charged to hotels. 29 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES —CONTINUED D. Measurement Focus, Basis of Accounting, and Financial Statement Presentation — Continued Fund Accounting —continued i. Public Arts Fund accounts for the accumulation of resources specifically designated for enhancing public art in City public works projects and for acquiring visual art as determined by the Public Arts Program. j. Recreation Fund accounts for fees charged for recreational services. k. 4B Debt Service Funds account for the accumulation of resources to be used for the payment of principal and interest on the 4B Sales Tax Revenue Bonds —Series 1996 and 2005. Governmental funds with legally adopted annual budgets include the General, General Obligation Debt Service 4B Debt Service, and all special revenue funds except Fire Development Fees and the Recreation Fund. 2. Proprietary Funds: Proprietary Funds are accounted for using an economic resources measurement focus. The accounting objectives are a determination of net income, financial position, and changes in cash flows. All assets and liabilities associated with a proprietary fund's activities are included on its statement of net assets. The proprietary funds are financed and operated in a manner similar to private business enterprise. The costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis are financed or recovered primarily through user charges. Periodic determination of revenues earned, expenses incurred, or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. The following is a description of the major proprietary fund of the City: The Utility Fund is used to account for the operations of the water distribution system, wastewater pumping stations and collection systems. The City contracts with North Texas Municipal Water District for wastewater treatment. In addition, the City reports an Internal Service Fund which accounts for financial resources set aside annually to replace equipment as its useful life is consumed. E. Cash and Cash Equivalents The City's cash and cash equivalents are considered to be cash on hand, demand deposits, and short-term investments with original maturities of three months or less from the date of acquisition. State statutes authorize the City to invest in (1) obligations of the United States or its agencies and instrumentalities; (2) direct obligations of the State of Texas or its agencies; (3) other obligation, the principal of and interest on which are unconditionally guaranteed or insured by the State of Texas or the United States; (4) obligations of states, agencies, counties, cities, and other political subdivisions of any state having been rated as to investment quality by a nationally recognized investment rating firm and having received a rating of not less than A or its equivalent; (5) certificates of deposit by state and national banks domiciled in this state that are (A) guaranteed or insured by the Federal Deposit Insurance Corporation, or its successor; or (B) secured by obligations that are described by (1), pledged with third party selected or approved by the City, and placed through a primary government securities dealer. Investments maturing within one year of date of purchase are stated at cost or amortized cost, all other investments are stated at fair value which is based on quoted market prices. 30 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES —CONTINUED F. Inventories, Prepaid Items and Deferred Charges Inventory is valued at cost (first-in, first-out). The cost of governmental fund type inventory is recorded as an expenditure when consumed rather than when purchased. Reported inventories are equally offset by a fund balance reserve, which indicates that they do not constitute "available, spendable resources" even though they are a component of fund balance. The City is not required to maintain a minimum level of inventory. Inventories in the Proprietary Funds consist of supplies and are recorded at the lower of cost or market. Prepaid balances are for payments made by the City for which benefits extend beyond September 30, 2010, and the reserve for prepaid items has been recognized to signify that a portion of fund balance is not available for other subsequent expenditures. Deferred Charges reported at the government-wide level and in proprietary funds are comprised of the balance of unamortized debt issuance costs. Issuance costs are amortized over the life of the related debt using a straight-line method. G. Receivables and Payables Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either "due to/from other funds" (i.e., the current portion of interfund loans) or "advances to/from other funds" (i.e. the non-current portion of interfund loans). All other outstanding balances between funds are reported as "due to/from other funds."Any residual balances outstanding between the governmental activities and business-type activities are reported in the government-wide financial statements as "internal balances." Advances between funds, as reported in the fund financial statements, are offset by a fund balance reserve account in applicable governmental funds to indicate that they are not available for appropriation and are not expendable available financial resources. All trade receivables are shown net of an allowance for uncollectibles. Trade accounts receivable in excess of 60 days comprise the trade accounts receivable allowance for uncollectibles. H. Restricted Assets Certain proceeds of enterprise fund revenue bonds, as well as certain resources set aside for their repayment, are classified as restricted assets on the balance sheet because their use is limited by applicable bond covenants or contractual agreements. Customer deposits received for water and wastewater service are, by law, considered to be restricted assets. These balances are included in the Utility Fund. I. Capital Assets Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads, bridges, sidewalks, and similar items) are reported in the applicable governmental or business- type activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $15,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost. Donated capital assets are recorded at estimated fair market value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets' lives are not capitalized. 31 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -CONTINUED I. Capital Assets —Continued Major outlays for capital assets and improvements are capitalized as projects are constructed. Interest incurred during the construction phase of capital assets of business-type activities is included as part of the capitalized value of the assets constructed. Capital assets of the primary government, as well as the component units, are depreciated using the straight line method over the following estimated useful lives: Assets Years Buildings 20-30 Improvements other than buildings 20-50 Machinery and equipment 3-10 J. Compensated Absences It is the City's policy to permit employees to accumulate earned but unused vacation and sick pay benefits. A percentage of accrued sick leave is payable on a longevity basis at the time of termination. All vacation and sick leave is accrued when incurred in the government-wide and proprietary fund financial statements. A liability for these amounts is reported in governmental funds only if they have matured, for example, as a result of employee resignations and retirements. K. Long-term Obligations In the government-wide financial statements and proprietary fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund type statement of net assets. Bond premiums and discounts, as well as issuance costs, are deferred and amortized over the life of the bonds using the straight-line method, which approximates the effective interest method. Bonds payable are reported net of the applicable bond premium or discount. Bond issuance costs are reported as deferred charges and amortized over the term of the related debt. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures. L. Fund Equity In the fund financial statements, governmental funds report reservations of fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for a specific purpose. M. Subsequent Events The City has evaluated all events or transactions that occurred after September 30, 2010 up through January 18, 2011, the date the financial statements were issued. During this period, there were no subsequent events requiring disclosure. 32 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 2. CASH AND INVESTMENTS At year end, the carrying amount of the City's deposits was $4,690,885 and the bank balance was $5,436,670. All of the bank balance was covered by federal deposit insurance and collateralized by the pledging financial institution's City's safekeeping account at the Federal Reserve. Cash and investments as of September 30, 2010 consist of and are classified in the accompanying financial statements as follows: Statement of net assets: Primary Government Cash and cash equivalents $ 78,699,241 Restricted cash and cash equivalents 2,955,983 Total Primary Government 81,655,224 Component Unit Cash and cash equivalents 748,334 Total Cash and investments $ 82,403,558 Deposits with financial institution $ 4,690,885 Investments 77,712,673 Total cash and investments $ 82,403,558 The table below identifies the investment types that are authorized for the City by the Public Funds Investment Act. (Government Code Chapter 2256) The table also identifies certain provisions of the City's investment policy that address interest rate risk, credit risk, and concentration of credit risk. Maximum Maximum Authorized Maximum Percentage Investment Investment Type Maturity of Portfolio In One Issuer U.S. Treasury obligations 5 years 100% None U.S.Agency obligations 5 years 100% None Certificates of deposit 2 years 25% None Direct repurchase agreements None 100% None Investment pools 90 days None None Disclosures relating to interest rate risk Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an investment. Generally, the longer the maturity of an investment the greater the sensitivity of its fair value to changes in market interest rates. 33 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 2. CASH AND INVESTMENTS —CONTINUED Disclosures relating to interest rate risk—Continued In accordance with its investment policy, the City manages its exposure to declines in fair value by limiting the weighted average maturity of its portfolio to less than three years. As of September 30, 2010, the City had the following investments Weighted Average Investment Type Amount Maturity TexPool $ 73,531,642 34 days Certificates of Deposit 4,181,031 206 days $ 77,712,673 Disclosures relating to credit risk Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Presented below is the minimum rating required by (where applicable) the Public Funds Investment Act, the City's investment policy, or debt agreements, and the actual rating as of year end for each investment type. Minimum Rating as Legal of Year Investment Type Amount Rating End TexPool $ 73,531,642 N/A AAA-m Certificates of Deposit 4,181,031 N/A N/A $ 77,712,673 Concentration of credit risk The City's investment policy does not allow for an investment in any one issuer (other than investment pools) that is in excess of five percent of the fair value of the City's total investments. Custodial credit risk Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The Public Funds Investment Act does not contain legal or policy requirements that would limit the exposure to custodial credit risk for deposits or investments, other than the following provision for deposits: The Public Funds Investment Act requires that a financial institution secure deposits made by state or local governmental units by pledging securities in an undivided collateral pool held by a depository regulated under state law (unless so waived by the governmental unit). The market value of the pledged securities in the collateral pool must equal at least the bank balance less the FDIC insurance at all times. 34 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 2. CASH AND INVESTMENTS —CONTINUED Custodial credit risk—Continued The City requires all deposits to be covered by Federal Depository Insurance Corporation (FDIC) insurance and/or collateralized by qualified securities pledged by the City's depository in the City's name and held by the depository's agent. As of September 30, 2010 the City deposits with financial institutions in excess of federal depository insurance limits were fully collateralized. The City is a voluntary participant in TexPool. The State Comptroller of Public Accounts exercises responsibility over TexPool. Oversight includes the ability to significantly influence operations, designation of management, and accountability for fiscal matters. Additionally, the State Comptroller has established an advisory board composed of both participants in TexPool and other persons who do not have a business relationship with TexPool. TexPool operates in a manner consistent with the SEC's Rule2A7 of the Investment Company Act of 1940. TexPool uses amortized cost rather than the market value to report net assets to compute share prices. Accordingly, the fair value of the position in TexPool is the same as the value of TexPool shares. NOTE 3. PROPERTY TAXES The City's property tax is levied each October 1 on the assessed value listed as of the prior January 1 for all real and certain personal property located within the City. Appraised values are established by the Collin County Central Appraisal District at 100% of estimated market value and certified by the Appraisal Review Board. The assessed value upon which the tax year 2009 levy was based was $2,222,617,094. Taxes are due on October 1 and are delinquent after the following January 31. The City is permitted by Article XI, Section 5 of the State of Texas Constitution to levy taxes up to $2.50 per $100 of assessed valuation for general governmental services, including the payment of principal and interest on general obligation long-term debt. The combined tax rate to finance general governmental services including the payment of principal and interest on long-term debt for the year ended September 30, 2010 was$0.8989 per$100 of assessed valuation. In Texas, countywide central appraisal districts are required to assess all property within the appraisal district on the basis of 100% of its appraised value and are prohibited from applying any assessment ratios. The value of property within the appraisal district must be reviewed every five years; however, the City may, at its own expense, require annual reviews of appraised values. The City may challenge appraised values established by the appraisal district through various appeals and, if necessary, legal action. Under this legislation, the City continues to set tax rates on City property. However, if the effective tax rate, excluding tax rates for bonds and other contractual obligations, adjusted for new improvements, exceeds the rate for the previous year by more than 8%, qualified voters of the City may petition for an election to determine whether to limit the tax rate to no more than 8% above the tax rate of the previous year. 35 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 4. RECEIVABLES Year-end receivables balances for the government's individual major funds and nonmajor funds in the aggregate, including the applicable allowances for uncollectible accounts, are as follows: General Obligation Capital Other Governmental Funds General Debt Service Projects Funds Utility Receivables Property taxes $ 303,935 $ 144,815 $ - $ - $ - Franchise taxes 992,843 - - - - Sales Taxes 494,279 - - 241,347 - Accounts 414,112 - - 2,536,331 Other 223,486 - 3,233,598 55,453 28,040 Gross receivables 2,428,655 144,815 3,233,598 296,800 2,564,371 Less: allowance (200,847) (28,963) - - (743,819) Net total receivables $2,227,808 $ 115,852 $3,233,598 $296,800 $1,820,552 The Enterprise Fund accounts receivable balance includes unbilled charges for services rendered of $931,500 at September 30, 2010. Receivables in the discretely presented component unit consist of $241,347 sales taxes receivable due from the State, $257 of accounts receivable and $361,237 in loans receivable from private businesses. If certain contractual obligations are met by some of these private businesses at a future date, a portion and/or all of the amounts owed from the private businesses may be forgiven. 36 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 5. CAPITAL ASSETS Capital asset activity for the year ended September 30, 2010 was as follows: Primary Government Beginning Ending Balance Increases Decreases Transfers Balance Governmental activities: Capital assets not being depreciated: Land $ 29,460,518 $ 435,406 $ - $ - $ 29,895,924 Other non-depreciable assets 400,000 94,650 - - 494,650 Construction in progress 28,393,575 31,542,416 - - 59,935,991 Total capital assets,not being depreciated 58,254,093 32,072,472 - - 90,326,565 Capital assets being depreciated: Buildings 4,302,279 29,700 - - 4,331,979 Improvements other than buildings 107,881,596 39,211 - - 107,920,807 Machinery and equipment 6,172,035 134,036 (84,698) - 6,221,373 Total capital assets being depreciated 118,355,910 202,947 (84,698) - 118,474,159 Less accumulated depreciation for: Buildings (2,321,366) (143,415) - - (2,464,781) Improvements other than buildings (37,752,198) (3,687,281) - - (41,439,479) Machinery and equipment (3,066,856) (578,920) 60,563 - (3,585,213) Total accumulated depreciation (43,140,420) (4,409,616) 60,563 - (47,489,473) Total capital assets being depreciated,net 75,215,490 (4,206,669) (24,135) - 70,984,686 Governmental activities capital assets,net $ 133,469,583 $ 27,865,803 $ (24,135) $ - $ 161,311,251 Beginning Ending Balance Increases Decreases Transfers Balance Business-type activities: Capital assets not being depreciated: Land $ 59,141 $ 51,454 $ - $ - $ 110,595 Construction in progress 3,493,527 2,737,831 - - 6,231,358 Total capital assets,not being depreciated 3,552,668 2,789,285 - - 6,341,953 Capital assets being depreciated: Buildings 268,801 - - - 268,801 Water system 28,942,433 - - - 28,942,433 Sewer system 25,822,292 - - - 25,822,292 Machinery and equipment 160,088 - - - 160,088 Total capital assets being depreciated 55,193,614 - - - 55,193,614 Less accumulated depreciation for: Buildings (120,214) (8,960) - - (129,174) Water system (7,291,198) (698,099) - - (7,989,297) Sewer system (7,913,238) (636,859) - - (8,550,097) Machinery and equipment (109,099) (9,775) - - (118,874) Total accumulated depreciation (15,433,749) (1,353,693) - - (16,787,442) Total capital assets being depreciated,net 39,759,865 (1,353,693) - - 38,406,172 Business-type activities capital assets,net $ 43,312,533 $ 1,435,592 $ - $ - $ 44,748,125 37 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 5. CAPITAL ASSETS —CONTINUED Depreciation expense was charged to functions/programs of the primary government as follows: Governmental Activities: General government $ 84,790 Public safety 148,266 Streets 3,406,027 Community service 316,605 Internal service fund 453,928 Total depreciation expense-governmental activities $ 4,409,616 Business-type activities: Water and Sewer $ 1,353,693 Construction Commitments The City has active construction projects as of September 30, 2010. The projects include construction, park improvements, and drainage improvements. Commitments for construction in progress are composed of the following: Funding Project Budget Remaining Project Source Appropriation Spent-to-date Commitment Hooper Bridge (Maxwell Creek) (D) $ 644,539 $ 640,648 $ 3,891 FM 1378 (A) 12,100,000 5,492,227 6,607,773 Brown Street West (A) 8,946,550 940,178 8,006,372 Brown Street East (A) 6,034,870 911,069 5,123,801 Ballard Street (B) 3,713,509 3,653,427 60,082 Sidewalks (A) 950,000 396,806 553,194 Fire Station 3 (A) 3,500,000 3,496,434 3,566 Library (A) 14,084,200 10,908,386 3,175,814 City Hall (A) 15,120,480 11,671,268 3,449,212 Recreation Center (A) 12,466,340 11,576,428 889,912 Founders Park (A) 5,470,000 4,848,453 621,547 Twin Lakes Relief Sewer (C) 2,600,000 2,104,325 495,675 Total $ 85,630,488 $ 56,639,649 $ 28,990,839 (A) Funded by general obligation bond proceeds. (B) Funded by general obligation bonds and water impact fees. (C) Funded by water impact fees. (D) Funded by thoroughfare impact fees. 38 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 6. INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS Transfers are used to provide funds for debt service, contributions for capital construction, cost allocations and other operational costs as determined by the City's annual budget. Transfers between funds during the year were as follows: Transfer Transfer Fund In Out General Fund $ 450,000 $ 3,003,727 General Obligation Debt Service 233,300 - Nonmajor Governmental Funds: 4B Sales Tax Revenue - 565,300 Emergency Communication 2,770,427 - 4B Debt Service 1996 146,000 - 4B Debt Service 2005 419,300 - Total Nonmajor Governmental Funds 3,335,727 565,300 Utility Fund 1,500,000 1,950,000 Total $ 5,519,027 $ 5,519,027 NOTE 7. DEFERRED REVENUE Governmental funds report deferred revenue in connection with receivables for revenue that is not considered to be available to liquidate liabilities of the current period. Governmental funds also defer revenue recognition in connection with resources that have been received, but not yet earned. At the end of the current fiscal year, the various components of deferred revenue reported in the governmental funds were as follows: General General Obligation Fund Debt Service Total Property taxes $ 226,138 $ 104,066 $ 330,204 Court fines 7,669 - 7,669 Franchise fees 897,395 - 897,395 Total $ 1,131,202 $ 104,066 $ 1,235,268 39 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 8. LONG-TERM DEBT General Obligation Bonds, Certificates of Obligation and Contractual Obligations The City of Wylie issues general obligation bonds, certificates of obligation bonds, and contractual obligation bonds to provide funds for the acquisition and construction of major capital facilities. General obligation bonds have been issued for both governmental and business-type activities. These issues are direct obligations and pledge the full faith and credit of the City. Final Interest Business- General Obligation Bonds Maturity Rates Governmental Type $2,500,000 Series 2002 Improvements 2022 3.63-4.5% $ 1,780,000 $ - $10,320,000 Series 2005 Improvements and Refunding 2025 3.0-4.5% 5,330,000 985,000 $35,525,000 Series 2006 Improvements 2027 4.00-4.5% 30,705,000 - $4,815,000 Series 2007 Improvements and Refunding 2020 4.75-5.25% 3,805,000 610,000 $38,625,000 Series 2008 Improvements 2028 4.00-5.50% 36,340,000 - $10,160,000 Series 2010 Refunding 2028 2.00-4.00% 7,630,000 2,530,000 Total General Obligation Bonds $ 85,590,000 $4,125,000 Final Interest Business- Combination Tax and Revenue Bonds Maturity Rates Governmental Type $6,215,000 Series 2005 Improvements 2025 3.00-5.00% $ 5,085,000 $ - $2,000,000 Series 2007B Improvements 2028 4.40% 1,870,000 - $7,680,000 Series 2007 Improvements 2027 3.62-4.50% - 7,000,000 $15,000,000 Series 2008 Improvements 2028 4.10-5.50% 14,110,000 - $525,000 Series 2010 Improvements 2025 2.00-4.00% 525,000 - Total Combination Tax and Revenue Bonds $ 21,590,000 $7,000,000 40 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 8. LONG-TERM DEBT - CONTINUED General Obligation Bonds, Certificates of Obligation and Contractual Obligations —Continued Final Interest Business- Contractual Obligations Maturity Rates Governmental Type $2,110,000 Series 2005 Improvements 2016 4.55% $ 337,001 $ 729,665 $750,000 Series 2007 2022 4.86% 545,100 - Improvements Total Contractual Obligation Bonds $ 882,101 $ 729,665 Revenue Bonds The City issues revenue bonds where the City pledges income derived from the acquired or constructed assets, or sales tax to pay the debt service. Revenue bonds outstanding as of September 30, 2010 are as follows: Final Interest Business- Sales Tax and Revenue Bonds Maturity Rates Governmental Type $1,710,000 Series 1996 Improvements 2016 5.35-5.55% $ 750,000 $ - Total Sales Tax and Revenue Bonds $ 750,000 $ - During the year ended September 30, 2010, the City issued $10,160,000 General Obligation Refunding Bonds, Series 2010. Net proceeds from the sale of the bonds, including a $322,849 contribution from Prior Issue Debt Service Reserve Funds, totaled $10,477,648. Of these proceeds, $10,252,016 was placed with an escrow agent to provide for all future debt payments of the refunded bonds. This refunding resulted in an increase in the City's debt service payments of $2,021,006, which resulted in an economic gain (difference between the present value of the debt service payments of the old debt and new debt) of $39,770. As a result of this transaction, $9,775,000 of general obligation and revenue bonds were refunded and are considered legally defeased, and are no longer included as liabilities in the City's basic financial statements. During the year ended September 30, 2010, the City issued $525,000 Combination Tax and Revenue Certificates of Obligation, Series 2010. Proceeds from the sale of the Certificates will be used for the purpose of paying contractual obligations to be incurred for (i) the construction of public works, to wit: the construction, renovation, improvement and equipment of City Hall facilities; and (ii) professional services rendered in connection therewith. 41 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 8. LONG-TERM DEBT-CONTINUED Changes in Long-term Liabilities: A summary of long-term debt transactions, including current portion, for the year ended September 30, 2010, is as follows: Amount Beginning Ending Due within Balance Additions Reductions Balance One year Governmental activities: General obligation bonds $ 87,287,620 $7,630,000 $ (9,327,620) $ 85,590,000 $2,335,000 Combination tax and revenue bonds 21,855,000 525,000 (790,000) 21,590,000 840,000 Contractual obligations 1,055,074 - (172,973) 882,101 95,238 Sales tax and revenue bonds 850,000 - (100,000) 750,000 105,000 Unamortized bond premium(discount) 330,108 3,891 (18,186) 315,813 - Deferred loss(gain)on refunding (161,732) (405,784) 37,952 (529,564) - Total bonds payable 111,216,070 7,753,107 (10,370,827) 108,598,350 3,375,238 Capital leases - 109,548 (37,871) 71,677 35,178 Compensated absences 945,087 898,479 (872,019) 971,547 641,523 Total governmental activities $112,161,157 $8,761,134 $(11,280,717) $109,641,574 $4,051,939 Amount Beginning Ending Due within Balance Additions Reductions Balance One year Business-type activities: General obligation bonds $ 2,047,381 $2,530,000 $ (452,381) $ 4,125,000 $ 475,000 Combination tax and revenue bonds 7,280,000 - (280,000) 7,000,000 290,000 Contractual obligations 844,002 - (114,337) 729,665 119,599 Sales tax and revenue bonds 2,940,000 - (2,940,000) - - Unamortized bond premium(discount) (70,202) 18,887 3,774 (47,541) - Deferred loss(gain)on refunding (9,931) (71,231) 431 (80,731) - Total bonds payable 13,031,250 2,477,656 (3,782,513) 11,726,393 884,599 Compensated absences 145,224 121,379 (132,271) 134,332 88,701 Total business-type activities $ 13,176,474 $2,599,035 $ (3,914,784) $ 11,860,725 $ 973,300 The annual aggregate maturities for each bond type are as follows: General Obligation Bonds Governmental Activities Business Activities Fiscal Year Ending September 30, Principal Interest Total Principal Interest Total 2011 $ 2,335,000 $ 3,809,805 $ 6,144,805 $ 475,000 $ 116,989 $ 591,989 2012 2,630,000 3,673,739 6,303,739 500,000 98,401 598,401 2013 2,955,000 3,543,654 6,498,654 515,000 83,313 598,313 2014 3,355,000 3,395,609 6,750,609 545,000 67,013 612,013 2015 3,815,000 3,234,289 7,049,289 560,000 49,913 609,913 2016-2020 24,680,000 13,518,518 38,198,518 1,460,000 97,552 1,557,552 2021-2025 29,415,000 7,287,580 36,702,580 70,000 2,232 72,232 2026-2028 16,405,000 1,044,388 17,449,388 - - Total $ 85,590,000 $ 39,507,581 $125,097,581 $ 4,125,000 $ 515,413 $ 4,640,413 42 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 8. LONG-TERM DEBT-CONTINUED Changes in Long-term Liabilities -Continued Combination Tax and Revenue Bonds Governmental Activities Business Activities Fiscal Year Ending September 30, Principal Interest Total Principal Interest Total 2011 $ 840,000 $ 993,834 $ 1,833,834 $ 290,000 $ 286,175 $ 576,175 2012 870,000 952,896 1,822,896 305,000 274,275 579,275 2013 915,000 911,656 1,826,656 315,000 261,875 576,875 2014 960,000 868,321 1,828,321 330,000 248,975 578,975 2015 1,005,000 822,891 1,827,891 345,000 235,475 580,475 2016-2020 5,735,000 3,396,870 9,131,870 1,930,000 956,013 2,886,013 2021-2025 7,585,000 1,868,737 9,453,737 2,380,000 509,975 2,889,975 2026-2028 3,680,000 277,910 3,957,910 1,105,000 49,950 1,154,950 Total $ 21,590,000 $ 10,093,116 $ 31,683,116 $ 7,000,000 $ 2,822,713 $ 9,822,713 Contractual Obligations Governmental Activities Business Activities Fiscal Year Ending September 30, Principal Interest Total Principal Interest Total 2011 $ 95,238 $ 40,206 $ 135,444 $ 119,599 $ 31,855 $ 151,454 2012 102,780 35,601 138,380 125,103 26,351 151,454 2013 105,438 30,757 136,195 130,860 20,591 151,451 2014 108,220 25,791 134,011 136,881 14,572 151,454 2015 116,129 20,576 136,705 143,180 8,273 151,454 2016-2020 319,197 45,589 364,786 74,042 1,685 75,727 2021-2024 35,100 852 35,952 - - - Total $ 882,101 $ 199,372 $ 1,081,473 $ 729,665 $ 103,327 $ 832,992 Sales Tax and Revenue Bonds Governmental Activities Business Activities Fiscal Year Ending September 30, Principal Interest Total Principal Interest Total 2011 $ 105,000 $ 38,711 $ 143,711 $ - $ - $ - 2012 115,000 32,606 147,606 - - - 2013 120,000 26,085 146,085 - - - 2014 130,000 19,148 149,148 - - - 2015 135,000 11,794 146,794 - - - 2016-2020 145,000 4,024 149,024 - - - Total $ 750,000 $ 132,368 $ 882,368 $ - $ - $ - Compensated Absences Compensated absences represent the estimated liability for employees' accrued sick and vacation leave for which employees are entitled to be paid upon termination. The retirement of this liability is typically paid from the General Fund and Enterprise Funds based on the assignment of an employee at termination. In previous years, the City has legally defeased certain outstanding general obligation debt by placing funds into irrevocable trusts pledged to pay all future debt service payments of the refunded debt. As a result, the refunded bonds are considered to be defeased and the liability has been removed from the City's long-term debt. 43 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 8. LONG-TERM DEBT-CONTINUED Defeased Debt-Continued As of September 30, 2010, the following bonds were legally defeased. Series Type Amount 1997 General Obligation Bonds $ 1,655,000 1999 General Obligation Bonds 1,870,000 2000 General Obligation Bonds 2,000,000 2001 General Obligation Bonds 4,500,000 1999 Sales Tax Revenue Bonds 1,380,000 2000 Sales Tax Revenue Bonds 1,720,000 2002 Sales Tax Revenue Bonds 1,150,000 $ 14,275,000 Discretely presented component unit-Wylie Economic Development Corporation (WEDC1 WEDC Loans Payable as of September 30, 2010 are as follows: Balance Description 9/30/2010 $878,372, payable to bank, made August 26, 2005, payable in monthly installments of $7,320 through October 26, 2015, including interest at 5.75%. $ 446,506 $340,000, payable to an individual, made July 25, 2006, payable in monthly installments of$3,775 through July 25, 2016, including interest at 6.00%. 222,479 $228,750, payable to an individual, made October 2007, payable in monthly installments of$2,540 through October 28, 2017, including interest at 6.00%. 175,505 $ 844,490 Annual debt service requirements to maturity for WEDC debt is: Year Principal Interest Total 2011 $ 141,345 $ 45,487 $ 186,832 2012 144,646 37,447 182,093 2013 148,149 28,902 177,051 2014 151,869 20,143 172,012 2015 155,818 11,156 166,974 2016-2019 102,663 5,001 107,664 Total $ 844,490 $ 148,136 $ 992,626 The following is a summary of WEDC long-term transactions for the year ended September 30, 2010: Balance Balance Due Within Description 9/30/2009 Increases Decreases 9/30/2010 One Year Loans payable $1,196,033 $ - $351,543 $ 844,490 $ 141,345 Compensated Absences 36,070 8,051 5,222 38,899 25,686 Total long-term liabilities $1,232,103 $ 8,051 $356,765 $ 883,389 $ 167,031 44 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 9. PENSION PLAN A. Plan Description The City provides pension benefits for all of its full-time employees through a non-traditional,joint contributory, hybrid defined benefit plan in the state-wide Texas Municipal Retirement System (TMRS), an agent multiple-employer public employee retirement system. The plan provisions that have been adopted by the City are within the options available in the governing state statutes of TMRS. Benefits depend upon the sum of the employee's contributions to the plan, with interest, and the City- financed monetary credits, with interest. At the date the plan began, the City granted monetary credits for service rendered before the plan began of a theoretical amount at least equal to two times what would have been contributed by the employee, with interest, prior to establishment of the plan. Monetary credits for service since the plan began are a percent (100%, 150%, or 200%) of the employee's accumulated contributions. In addition, the City can grant, as often as annually, another type of monetary credit referred to as an updated service credit which is a theoretical amount which, when added to the employee's accumulated contributions and the monetary credits for service since the plan began, would be the total monetary credits and employee contributions accumulated with interest if the current employee contribution rate and city matching percent had always been in existence and if the employee's salary had always been the average of his salary in the last three years that are one year before the effective date. At retirement, the benefit is calculated as if the sum of the employee's accumulated contributions with interest and the employer-financed monetary credits with interest were used to purchase an annuity. Members can retire at ages 60 and above with 5 or more years of service or with 20 years of service. A member is vested after 5 years. The plan provisions are adopted by the governing body of the City, within the options available in the state statutes governing TMRS and within the actuarial constraints also in the statutes. TMRS issues a publicly available comprehensive annual financial report that includes financial statements and required supplementary information (RSI) for TMRS; the report also provides detailed explanations of the contributions, benefits and actuarial methods and assumptions used by the System. This report may be obtained by writing to TMRS, P.O. Box 149153, Austin, Texas 78714-9153 or by calling 800-924-8677; in addition, the report is available on TMRS's website at www.TMRS.com. B. Contributions The contribution rate for employees is 7%, with the City's matching ratio being 2 to 1, both as adopted by the governing body of the City. Under the state law governing TMRS, the contribution rate for each city is determined annually by the actuary, using the Projected Unit Credit actuarial cost method. This rate consists of the normal cost contribution rate and the prior service cost contribution rate, which is calculated to be a level percent of payroll from year to year. The normal cost contribution rate finances the portion of an active member's projected benefit allocated annually; the prior service contribution rate amortizes the unfunded (overfunded) actuarial liability (asset) over the applicable period for that city. Both the normal cost and prior service contribution rates include recognition of the projected impact of annually repeating benefits, such as Updated Service Credits and Annuity Increases. Both the employees and the City make contributions monthly. Because the City needs to know its contribution rate in advance for budgetary purposes, there is a one-year delay between the actuarial valuation that serves as the basis for the rate and the calendar year when the rate goes into effect (i.e. December 31, 2008 valuation is effective for rates beginning January 2010.) 45 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 9. PENSION PLAN B. Contributions —Continued Schedule of Actuarial Liabilities and Funding Progress: Actuarial Valuation Date 12/31/09 12/31/08 12/31/07 Actuarial Value of Assets $ 15,801,341 $ 13,646,332 $ 11,674,717 Actuarial Accrued Liability 25,444,844 21,727,174 18,802,090 Percentage Funded 62.1% 62.8% 62.1% Unfunded (Over-funded)Actuarial Accrued Liability(UAAL) 9,643,503 8,080,842 7,127,373 Annual Covered Payroll 13,046,672 12,063,784 10,437,346 UAAL as a Percentage of Covered Payroll 73.9% 67.0% 68.3% Net Pension Obligation (NPO) at the Beginning of Period - - - Annual Pension Cost: Annual required contribution (ARC) 1,397,441 1,222,581 1,054,549 Interest on NPO - Adjustment to the ARC - 1,397,441 1,222,581 1,054,549 Contributions Made 1,397,441 1,222,581 1,054,549 Increase in NPO - - - NPO at the end of the period $ - $ - $ - Actuarial assumptions are as follows: Actuarial cost method Projected Unit Credit Amortization method Level Percent of Payroll Remaining Amortization 28-Years-Closed Period Asset valuation method 10-Year Smoothed Market Investment rate of return 7.5% Projected salary increases Varies by age and service Inflation rate 3% COL adjustments 2.1%(3% CPI) NOTE 10. NORTH TEXAS MUNCIPAL WATER DISTRICT The District is a conservation and reclamation district and political subdivision of the State of Texas, created and functioning under Chapter 62, Acts of 1951, 52nd Legislature, Regular Session, as amended, originally complied as Vernon's Article 8270-141 (the Act), pursuant to Article 16, Section 59 of the Texas Constitution. The District comprises all of the territory of its member cities, viz., Allen, Garland, Princeton, Plano, Mesquite, Wylie, Rockwall, Farmersville, McKinney, Richardson, Forney and Royse City (the "Member Cities"). The District was created for the purpose of providing a source of water supply for municipal, domestic and industrial use and for the treatment processing and transportation of such water to its Member Cities and to its other customers located in North Central Texas, all within the Dallas Standard Metropolitan Statistical Area. 46 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 10. NORTH TEXAS MUNCIPAL WATER DISTRICT-CONTINUED Under the Act, including specifically Section 27 thereof, and under the Constitution and Statues of the State of Texas, the District has broad powers to (1) impound, control, store, preserve, treat, transmit, and use storm and flood water, the water of rivers and streams and underground water, for irrigation, power and all other useful purposes and to supply water for municipal, domestic, power, industrial and commercial uses and purposes and all other beneficial uses and purposes; and (2) collect, transport, process, treat, dispose of, and control all municipal, domestic, industrial or commercial waste whether in fluid, solid or composite state, including specifically the control, abatement or reduction of all types of pollution. The City retains no ongoing financial interest equity investments and/or responsibilities for the District other than the contractual arrangements discussed more fully herein. NOTE 11. MUDDY CREEK REGIONAL WASTEWATER SYSTEM In May 1999, the Cities of Wylie and Murphy in Collin County entered into a contract with the District to provide for the acquisition, construction, improvement, operation, and maintenance of the Regional Muddy Creek Wastewwater System (System) for the purpose of providing facilities to adequately receive, transport, treat, and dispose of wastewater. The District will own the System with Wylie and Murphy as the initial participants. The District will issue approximately $20 million in bonds to construct this new facility. Budget calculations for operating costs and debt service for the System on the service commencement date is based on the following estimated flow ratio: City of Wylie — 2/3 and Murphy — 1/3. "Service Commencement Date" means the first date upon which the System is available to treat wastewater from the participants. Wylie's long-term commitment to the System's debt service component is approximately $13.3 million. The District will send each participant a letter detailing the annual requirement necessary to operate the System each year. The annual requirement budget will include an operation and maintenance component and a bond service component. The budgeting ratio described earlier is only valid for the first year of System operations. In subsequent years, budgets and year-end audits will be based on actual flow ratios. For example, if the flow measurements indicate that 60% of the flow is produced by Wylie and 40% by Murphy, then the next year's operating and debt service components would be allocated using a 60/40 split. If in the future, additional participants are added, then the flow ratios will be adjusted using the above method. The contract with the District has a clause for "Credit for Payments Relating to the System. This clause states: "Each participant shall be entitled to a credit in an amount equal to any funds advanced by such Participant with the approval of the District for land, engineering, construction or other costs related to the System and/or the financing thereof". All credits for advance made prior to the Service Commencement Date shall bear interest from the date of such advance at a rate equal to the net effective interest rate on the initial issue of the bonds hereunder. The City of Wylie has four such credits at this time. All credits for advances made prior to the Service Commencement Date shall be amortized over a period of twenty years, with such amortization to commence on October 1 of the Fiscal Year following the Service Commencement Date. At September 30, 2005, the City had recorded $3,188,849 as a restricted accounts receivable. This amount is being amortized over a twenty-year period commencing with fiscal year 2006. The amortization was $122,721 for 2010. NOTE 12. CONTINGENT LIABILITIES Amounts received or receivable from grantor agencies are subject to audit and adjustment by such agencies. Any disallowed claims, including amounts already collected may constitute a liability of the applicable funds. The amounts, if any, of expenditures which may be disallowed by the grantor cannot be determined at this time although the City expects such amounts, if any, to be immaterial. 47 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 12. CONTINGENT LIABILITIES —CONTINUED The City periodically is a defendant in various lawsuits. At September 30, 2010, after consultation with the City's attorney, the City is not aware of any pending litigation. As described in Note 8 above, the general revenues of the City are contingently liable for the $4,125,000 payable in General Obligation Bonds which are currently outstanding and recorded as obligations of the Enterprise Fund. The City contracts for garbage disposal with a third party. Under the terms of the agreement the City bills and collects the residential billing and remits that amount to the contracting party. The contractor bills the commercial customers and remits a franchise fee to the City based on total revenues received from the contract The Wylie Economic Development Corporation provides monetary incentives to companies to relocate within the City of Wylie. At September 30, 2010, these commitments totaled approximately $348,000. NOTE 13. RISK MANAGEMENT The City is exposed to various risks of loss related to torts, theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; employee health benefits; and other claims of various natures. The City purchases commercial insurance to indemnify it in event of loss. For the past three years, settlements did not exceed coverage. NOTE 14. RELATED PARTY TRANSACTIONS The chairman of the board of directors of the Wylie Economic Development Corporation (WEDC) is the branch president of a local bank. During the year ended September 30, 2005, WEDC entered into a loan agreement with this bank for$878,372, payable over a ten-year term, with interest rates of 5.75% for the first five years and 6.20% for the next five years. At September 30, 2010, the unpaid balance of this loan was $446,506. 48 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 15. CONDENSED FINANCIAL INFORMATION FOR DISCRETELY PRESENTED COMPONENT UNIT Following is selected condensed financial statement information for the fund basis financial statements of the Wylie Economic Development Corporation: Balance Sheet WEDC Assets Cash and equivalents $ 748,334 Receivables 602,841 Inventory 2,836,595 Total Assets $ 4,187,770 Liabilities Current liabilities $ 310,474 Total Liabilities 310,474 Fund Balance 3,877,296 Total Liabilities and Fund Balance $ 4,187,770 Income Statement WEDC Revenues: Sales tax revenue $ 1,343,738 Interest income 1,974 Miscellaneous income 88,810 Total Revenues 1,434,522 Expenditures: Expenditures 1,369,360 Net change in fund balance 65,162 Fund balance 10/1/2009 3,812,134 Fund balance 9/30/2009 $ 3,877,296 49 CITY OF WYLIE, TEXAS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED SEPTEMBER 30, 2010 NOTE 15. CONDENSED FINANCIAL INFORMATION FOR DISCRETELY PRESENTED COMPONENT UNIT— CONTINUED Following are reconciliations between the government-wide financial statements and the fund basis financial statements for WEDC: Reconciliation of fund balance to net assets: Total fund balance $ 3,877,296 Payables for compensated absences (38,899) Accrued interest payable (512) Payable for loan principal currently due (844,490) Net assets $ 2,993,395 Reconciliation of change in fund balance to change in net assets: Change in fund balance $ 65,162 Change in payables for compensated absences (2,829) Change in accrued interest payable 768 Payment of loan principal 351,543 Change in net assets $ 414,644 NOTE 16. LAND ACQUISITION The discrete component unit owns property with a carrying value of$2,836,595. This property is held as an incentive to attract businesses. NOTE 17. OTHER POST-EMPLOYMENT BENEFITS The GASB has issued Statement No. 45, "Accounting and Financial Reporting by Employers for Post Employment Benefits Other Than Pensions", which provides guidance on all aspects of OPEB reporting by employers. The requirements of this statement are effective for the City in the fiscal year ending September 30, 2009. The City has evaluated the impact of the standard on its financial statements and has determined that it is immaterial. 50 ',Ott*..jo ; !� (fL (� J 6606 III`�1I�' g LaAN CIO VOIL �. �� ti #/1 '; � �i � ii / REQUIRED SUPPLEMENTARY INFORMATION 52 CITY OF WYLIE, TEXAS EXHIBIT A-10 SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET (GAAP BASIS) AND ACTUAL- GENERAL FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget- Positive Original Final Actual Amount (Negative) REVENUES Ad valorem taxes $ 13,150,662 $ 12,668,922 $ 12,648,699 $ (20,223) Non-property taxes 2,957,840 2,598,112 2,698,201 100,089 Franchise fees 1,984,240 1,984,240 2,060,000 75,760 Licenses and permits 219,030 292,030 552,839 260,809 Intergovernmental 605,767 644,527 741,750 97,223 Services fees 2,192,032 2,210,032 2,143,352 (66,680) Court fees 548,107 548,107 403,038 (145,069) Interest income 60,000 60,000 29,420 (30,580) Miscellaneous income 227,946 288,407 272,377 (16,030) Total revenues 21,945,624 21,294,377 21,549,676 255,299 EXPENDITURES Current General government City council 132,460 132,460 83,429 49,031 City manager 782,880 782,880 734,062 48,818 City secretary 269,735 269,735 250,264 19,471 City attorney 170,000 170,000 143,367 26,633 Finance 710,478 718,024 708,355 9,669 Building and fleet maintenance 180,400 180,400 177,001 3,399 Municipal court 344,601 310,922 257,636 53,286 Human resources 195,485 195,485 189,545 5,940 Purchasing 113,018 113,018 111,108 1,910 Information technology 509,081 530,681 511,289 19,392 Combined services/general 2,419,360 2,419,360 2,483,632 (64,272) Total general government 5,827,498 5,822,965 5,649,688 173,277 Public safety Police 5,160,695 5,176,773 4,994,080 182,693 Fire 5,107,433 5,160,612 5,092,346 68,266 Animal control 255,413 255,413 275,896 (20,483) Total public safety 10,523,541 10,592,798 10,362,322 230,476 Urban development Planning 378,885 378,885 365,377 13,508 Building inspection 699,468 699,468 643,084 56,384 Code enforcement 189,955 187,955 153,389 34,566 Total urban development 1,268,308 1,266,308 1,161,850 104,458 Streets Streets 1,227,551 1,227,551 1,189,434 38,117 Total streets 1,227,551 1,227,551 1,189,434 38,117 53 CITY OF WYLIE, TEXAS EXHIBIT A-10 SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES (CONCLUDED) IN FUND BALANCES - BUDGET (GAAP BASIS) AND ACTUAL- GENERAL FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget- Positive Original Final Actual Amount (Negative) Community service Parks $ 1,385,205 $ 1,535,205 $ 1,335,314 $ 199,891 Recreation 229,830 229,830 203,549 26,281 Library 834,942 876,704 809,101 67,603 Total community service 2,449,977 2,641,739 2,347,964 293,775 Total expenditures 21,296,875 21,551,361 20,711,258 840,103 Excess of revenues over expenditures 648,749 (256,984) 838,418 1,095,402 OTHER FINANCING SOURCES(USES) Transfers in 455,000 455,000 450,000 (5,000) Transfers out (1,603,727) (3,003,727) (3,003,727) - Proceeds from capital lease - - 109,548 109,548 Total other financing sources(uses) (1,148,727) (2,548,727) (2,444,179) 104,548 Net change in fund balances (499,978) (2,805,711) (1,605,761) 1,199,950 Fund balances,October 1 10,064,161 10,064,161 10,064,161 - Fund balances,September30 $ 9,564,183 $ 7,258,450 $ 8,458,400 $ 1,199,950 54 CITY OF WYLIE, TEXAS NOTES TO REQUIRED SUPPLEMENTARY INFORMATION YEAR ENDED SEPTEMBER 30, 2010 STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY A. Budgetary Information The City follows the following procedures in establishing the budgetary date reflected in the financial statements: 1. Public hearings are conducted to obtain taxpayer comments. 2. Prior to October 1, the budget is legally enacted through passage of an ordinance. 3. The City Manager is authorized to transfer budgeted amounts between departments within any fund; however, any revisions that alter the total expenditures of any fund must be approved by the City Council. Therefore the fund level is the legal level of control. 4. Budgeted amounts are as originally adopted or as amended by the City Council. During 2010, individual amendments were not material in relation to the original appropriations. All budget appropriations automatically lapse at year-end. 5. Formal budgetary integration is employed as a management control device during the year. The legally adopted budget is adopted on a basis consistent with generally accepted accounting principles. 55 COMBINING STATEMENTS AND BUDGETARY COMPARISON SCHEDULES 56 CITY OF WYLIE, TEXAS EXHIBIT A-11 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) GENERAL OBLIGATION DEBT SERVICE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Variance with Budgeted Amounts Final Budget- Original Final Actual Positive(Negative) REVENUES Ad valorem taxes $ 8,020,137 $ 8,028,450 $ 8,000,376 $ (28,074) Interest income 12,000 12,000 6,155 (5,845) Total revenues 8,032,137 8,040,450 8,006,531 (33,919) EXPENDITURES Debt service Principal 3,142,318 3,142,318 3,142,337 (19) Interest and fiscal charges 4,847,519 4,847,519 4,844,445 3,074 Bond issuance costs - - 200,807 (200,807) Total debt service 7,989,837 7,989,837 8,187,589 (197,752) Excess(deficiency)of revenue over(under)expenditures 42,300 50,613 (181,058) (231,671) Other financing sources(uses) Transfers in 33,300 233,300 233,300 - Issuance of long-term debt - - 7,630,000 7,630,000 Premium on bonds issued - - 6,590 6,590 Payment to refunded bond escrow agent - - (7,435,784) (7,435,784) Total other financing sources(uses) 33,300 233,300 434,106 200,806 Net change in fund balances 75,600 283,913 253,048 (30,865) Fund balances,October 1 403,354 403,354 403,354 - Fund balances,September 30 $ 478,954 $ 687,267 $ 656,402 $ (30,865) 57 ',Ott*..jo ; !� (fL (� J 6606 III`�1I�' g LaAN CIO VOIL �. �� ti #/1 '; � �i � ii / NON-MAJOR GOVERNMENTAL FUNDS SPECIAL REVENUE FUNDS 4B SALES TAX REVENUE FUND Accounts for sales tax monies specifically designated for promoting economic development within the City by developing, implementing, providing and financing park and recreation projects. PARKS ACQUISITION AND IMPROVEMENT FUND Accounts for the developmental and improvement of City Parks. EMERGENCY COMMUNICATIONS FUND Accounts for the operations of the 911 dispatch services of the police and fire departments. FIRE TRAINING CENTER FUND Accounts for First Responder fees specifically designated for the construction of the Fire Training Center. FIRE DEVELOPMENT FEES FUND Accounts for contributions specifically designated for use of the fire department. MUNICIPAL COURT TECHNOLOGY FUND Accounts for court fines specifically designated for improvements in court technology. MUNICIPAL COURT BUILDING SECURITY FUND Accounts for court fines specifically designated for additions/improvements to court security. HOTEL TAX FUND Accounts for occupancy taxes charged to hotels. PUBLIC ARTS FUND Accounts for the accumulation of resources specifically designated for enhancing public art in City public works projects and for acquiring visual art as determined by the Public Arts Program. RECREATION FUND Accounts for fees charged for recreational services. DEBT SERVICE FUND 4B DEBT SERVICE FUND 1996 Accounts for the accumulation of resources to be used for the payment of principal and interest on the 4B Sales Tax Revenue Bonds —Series 1996. 4B DEBT SERVICE FUND 2005 Accounts for the accumulation of resources to be used for the payment of principal and interest on the 4B Sales Tax Revenue Bonds —Series 2005. 59 CITY OF WYLIE, TEXAS COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS SEPTEMBER 30, 2010 SPECIAL REVENUE FUNDS Park Acquisition Fire 4B Sales Tax and Emergency Fire Training Development Municipal Court Revenue Improvement Communications Center Fees Technology ASSETS Cash and cash equivalents $ 1,404,586 $ 597,382 $ 1,597,526 $ 162,562 $ 866,067 $ 32,610 Receivables:(net of allowances for uncollectibles) Other - - 50,785 357 - - Sales tax 241,347 - - - - - Prepaid expenses 1,000 - 5,980 - - - Total assets $ 1,646,933 $ 597,382 $ 1,654,291 $ 162,919 $ 866,067 $ 32,610 LIABILITIES AND FUND BALANCES Accounts payable $ 14,396 $ - $ 172,783 $ 715 $ - $ - Other payables and accruals 19,462 - 25,679 - - - Total liabilities 33,858 - 198,462 715 - - FUND BALANCES Unreserved,reported in Debt service funds - - - - - - Special revenue funds 1,613,075 597,382 1,455,829 162,204 866,067 32,610 Total fund balances 1,613,075 597,382 1,455,829 162,204 866,067 32,610 Total liabilities and fund balances $ 1,646,933 $ 597,382 $ 1,654,291 $ 162,919 $ 866,067 $ 32,610 60 EXHIBIT B-1 DEBT SERVICE FUNDS Municipal Total Nonmajor Court Building 4B Debt Service 4B Debt Service Governmental Security Hotel Tax Public Arts Recreation 1996 2005 Funds $ 133,838 $ 68,108 $373,141 $ 1,655 $ 38,122 $ 156,864 $ 5,432,461 3,881 - 430 - - 55,453 241,347 6,980 $ 133,838 $ 71,989 $373,141 $ 2,085 $ 38,122 $ 156,864 $ 5,736,241 $ - $ - $ - $ - $ - $ - $ 187,894 45,141 233,035 38,122 156,864 194,986 133,838 71,989 373,141 2,085 - - 5,308,220 133,838 71,989 373,141 2,085 38,122 156,864 5,503,206 $ 133,838 $ 71,989 $373,141 $ 2,085 $ 38,122 $ 156,864 $ 5,736,241 61 CITY OF WYLIE, TEXAS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE- NONMAJOR GOVERNMENTAL FUNDS FOR THE YEAR ENDED SEPTEMBER 30, 2010 SPECIAL REVENUE FUNDS Park Acquisition Municipal 4B Sales Tax and Emergency Fire Training Fire Development Court Revenue Improvement Communications Center Fees Technology REVENUES Sales taxes $ 1,343,738 $ - $ - $ - $ - $ - Intergovernmental - 201,943 141,975 - - - Service fees - - 597,725 43,120 - - Court fees - - - - - 12,794 Interest income 3,259 1,149 3,133 362 2,065 143 Miscellaneous income - - - 1,170 166,011 - Total revenues 1,346,997 203,092 742,833 44,652 168,076 12,937 EXPENDITURES Current: General government - - - - - - Public safety - - 2,581,353 7,633 - 39,257 Community service 542,582 3,150 - - - - Debt service Principal - - - - - - Interest and fiscal charges - - - - - - Total expenditures 542,582 3,150 2,581,353 7,633 - 39,257 Excess(deficiency)of revenues over(under)expenditures 804,415 199,942 (1,838,520) 37,019 168,076 (26,320) Other financing sources(uses) Transfers in - - 2,770,427 - - - Transfers out (565,300) - - - - - Total other financing sources(uses) (565,300) - 2,770,427 - - - Net change in fund balances 239,115 199,942 931,907 37,019 168,076 (26,320) Fund balances,October 1 1,373,960 397,440 523,922 125,185 697,991 58,930 Fund balances,September 30 $ 1,613,075 $ 597,382 $ 1,455,829 $ 162,204 $ 866,067 $ 32,610 62 EXHIBIT B-2 DEBT SERVICE FUNDS Municipal Total Nonmajor Court Building 4B Debt Service 4B Debt Service Governmental Security Hotel Tax Public Arts Recreation 1996 2005 Funds $ - $44,747 $ - $ - $ - $ - $ 1,388,485 - - - - - - 343,918 2,085 - - 642,930 9,607 - - - - - 22,401 341 117 1,278 - 132 547 12,526 - - - 167,181 9,948 44,864 1,278 2,085 132 547 2,577,441 144,428 - - - 144,428 1,200 - - - - - 2,629,443 - - - - - 545,732 - - - 100,000 216,000 316,000 - - - 45,116 201,842 246,958 1,200 - 144,428 - 145,116 417,842 3,882,561 8,748 44,864 (143,150) 2,085 (144,984) (417,295) (1,305,120) - - - 146,000 419,300 3,335,727 - - - - - - (565,300) - - - 146,000 419,300 2,770,427 8,748 44,864 (143,150) 2,085 1,016 2,005 1,465,307 125,090 27,125 516,291 - 37,106 154,859 4,037,899 $ 133,838 $71,989 $373,141 $ 2,085 $ 38,122 $ 156,864 $ 5,503,206 63 CITY OF WYLIE, TEXAS EXHIBIT C-1 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) 4B SALES TAX REVENUE FUND SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Sales taxes $ 1,475,420 $ 1,295,556 $ 1,343,738 $ 48,182 Interest income 4,000 4,000 3,259 (741) Total revenues 1,479,420 1,299,556 1,346,997 47,441 EXPENDITURES Current Community service 4B Parks 244,851 244,851 201,799 43,052 4B Recreation 439,636 439,636 340,783 98,853 Total Community Service 684,487 684,487 542,582 141,905 Total expenditures 684,487 684,487 542,582 141,905 Excess(deficiency)of revenues over(under)expenditures 794,933 615,069 804,415 189,346 Other financing sources(uses) Transfers out (565,300) (565,300) (565,300) - Total other financing sources(uses) (565,300) (565,300) (565,300) - Net change in fund balances 229,633 49,769 239,115 189,346 Fund balances, October 1 1,373,960 1,373,960 1,373,960 - Fund balances, September30 $ 1,603,593 $ 1,423,729 $ 1,613,075 $ 189,346 64 CITY OF WYLIE, TEXAS EXHIBIT C-2 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) PARK ACQUISTION AND IMPROVEMENT SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Intergovernmental $ - $ - $ 201,943 $ 201,943 Interest income 6,000 6,000 1,149 (4,851) Total revenues 6,000 6,000 203,092 197,092 EXPENDITURES Current Community service Park acquisition-central zone 3,150 3,150 3,150 - Total expenditures 3,150 3,150 3,150 - Excess (deficiency)of revenues over(under)expenditures 2,850 2,850 199,942 197,092 Net change in fund balances 2,850 2,850 199,942 197,092 Fund balances, October 1 397,440 397,440 397,440 - Fund balances, September 30 $ 400,290 $ 400,290 $ 597,382 $ 197,092 65 CITY OF WYLIE, TEXAS EXHIBIT C-3 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) EMERGENCY COMMUNICATIONS FUND SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Intergovernmental $ - $ 141,975 $ 141,975 $ - Service fees 519,500 519,500 597,725 78,225 Interest income 12,000 12,000 3,133 (8,867) Total revenues 531,500 673,475 742,833 69,358 EXPENDITURES Current Public safety Dispatch services 2,105,927 3,720,132 2,581,353 1,138,779 Total public safety 2,105,927 3,720,132 2,581,353 1,138,779 Excess (deficiency)of revenues over(under)expenditures (1,574,427) (3,046,657) (1,838,520) 1,208,137 Other financing sources (uses) Transfers in 559,414 559,414 2,770,427 2,211,013 Total other financing sources (uses) 559,414 559,414 2,770,427 2,211,013 Net change in fund balances (1,015,013) (2,487,243) 931,907 3,419,150 Fund balances, October 1 523,922 523,922 523,922 - Fund balances, September30 $ (491,091) $ (1,963,321) $1,455,829 $ 3,419,150 66 CITY OF WYLIE, TEXAS EXHIBIT C-4 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) FIRE TRAINING CENTER SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Service fees $ 20,000 $ 20,000 $ 43,120 $ 23,120 Interest income - - 362 362 Miscellaneous income - - 1,170 1,170 Total revenues 20,000 20,000 44,652 24,652 EXPENDITURES Current Public safety Fire training center 12,000 12,000 7,633 4,367 Total public safety 12,000 12,000 7,633 4,367 Excess of revenues over expenditures 8,000 8,000 37,019 29,019 Net change in fund balances 8,000 8,000 37,019 29,019 Fund balances, October 1 125,185 125,185 125,185 - Fund balances, September 30 $ 133,185 $ 133,185 $ 162,204 $ 29,019 67 CITY OF WYLIE, TEXAS EXHIBIT C-5 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) MUNICIPAL COURT TECHNOLOGY FUND SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Court fees $ 20,000 $ 20,000 $ 12,794 $ (7,206) Interest income 2,000 2,000 143 (1,857) Total revenues 22,000 22,000 12,937 (9,063) EXPENDITURES Current Public safety - 40,000 39,257 743 Total public safety - 40,000 39,257 743 Excess of revenues over expenditures 22,000 (18,000) (26,320) (8,320) Net change in fund balances 22,000 (18,000) (26,320) (8,320) Fund balances, October 1 58,930 58,930 58,930 - Fund balances, September 30 $ 80,930 $ 40,930 $ 32,610 $ (8,320) 68 CITY OF WYLIE, TEXAS EXHIBIT C-6 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) MUNICIPAL COURT BUILDING SECURITY FUND SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Court fees $ 12,000 $ 12,000 $ 9,607 $ (2,393) Interest income 2,000 2,000 341 (1,659) Total revenues 14,000 14,000 9,948 (4,052) EXPENDITURES Current Public safety 5,000 5,000 1,200 3,800 Total public safety 5,000 5,000 1,200 3,800 Excess of revenues over expenditures 9,000 9,000 8,748 (252) Net change in fund balances 9,000 9,000 8,748 (252) Fund balances, October 1 125,090 125,090 125,090 - Fund balances, September 30 $ 134,090 $ 134,090 $ 133,838 $ (252) 69 CITY OF WYLIE, TEXAS EXHIBIT C-7 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) HOTEL TAX FUND SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Sales taxes $ - $ - $ 44,747 $ 44,747 Interest income - - 117 117 Total revenues - - 44,864 44,864 EXPENDITURES Current Public safety Fire training center - - - - Total public safety - - - - Excess of revenues over expenditures - - 44,864 44,864 Net change in fund balances - - 44,864 44,864 Fund balances, October 1 - - 27,125 - Fund balances, September 30 $ - $ - $ 71,989 $ 71,989 70 CITY OF WYLIE, TEXAS EXHIBIT C-8 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) PUBLIC ARTS FUND SPECIAL REVENUE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Budgeted Amounts Variance with Final Budget Positive Original Final Actual (Negative) REVENUES Interest income $ 500 $ 500 $ 1,278 $ 778 Total revenues 500 500 1,278 778 EXPENDITURES Current General government 316,505 316,505 144,428 172,077 Total public safety 316,505 316,505 144,428 172,077 Net change in fund balances (316,005) (316,005) (143,150) 172,855 Fund balances, October 1 516,291 516,291 516,291 - Fund balances, September 30 $ 200,286 $ 200,286 $ 373,141 $ 172,855 71 CITY OF WYLIE, TEXAS EXHIBIT D-1 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) 4B DEBT SERVICE 1996 FUND DEBT SERVICE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Variance with Budgeted Amounts Final Budget- Original Final Actual Positive(Negative) REVENUES Interest income $ - $ - $ 132 $ 132 Total revenues - - 132 132 EXPENDITURES Debt service Principal 100,000 100,000 100,000 - Interest and fiscal charges 45,120 45,120 45,116 4 Total debt service 145,120 145,120 145,116 4 Total expenditures 145,120 145,120 145,116 4 Excess(deficiency)of revenues over(under)expenditures (145,120) (145,120) (144,984) 136 Other financing sources(uses) Transfers in 145,120 145,120 146,000 880 Total other financing sources(uses) 145,120 145,120 146,000 880 Net changes in fund balances - - 1,016 1,016 Fund balances,October 1 37,106 37,106 37,106 - Fund balances,September 30 $ 37,106 $ 37,106 $ 38,122 $ 1,016 72 CITY OF WYLIE, TEXAS EXHIBIT D-2 BUDGETARY COMPARISON SCHEDULE (GAAP BASIS) 4B DEBT SERVICE 2005 FUND DEBT SERVICE FUND FOR THE YEAR ENDED SEPTEMBER 30, 2010 Variance with Budgeted Amounts Final Budget- Original Final Actual Positive(Negative) REVENUES Interest income $ - $ - $ 547 $ 547 Total revenues - - 547 547 EXPENDITURES Debt service Principal 216,000 216,000 216,000 - Interest and fiscal charges 201,842 201,842 201,842 - Total debt service 417,842 417,842 417,842 - Total expenditures 417,842 417,842 417,842 - Excess(deficiency)of revenues over(under)expenditures (417,842) (417,842) (417,295) 547 Other financing sources(uses) Transfers in 417,842 417,842 419,300 1,458 Total other financing sources(uses) 417,842 417,842 419,300 1,458 Net changes in fund balances - - 2,005 2,005 Fund balances,October 1 154,859 154,859 154,859 - Fund balances,September 30 $ 154,859 $ 154,859 $ 156,864 $ 2,005 73 STATISTICAL SECTION 74 CITY OF WYLIE, TEXAS STATISTICAL SECTION TABLE OF CONTENTS This is part of the City of Wylie's comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements,notes disclosures, and required supplementary information says about the City's overall financial health. This information has not been audited by the independent auditor. Contents Table#s Financial Trends 1-5 These tables contain trend information to help the reader understand how the City's financial performance and well-being have changed over time. Revenue Capacity 6-12 These tables contain information to help the reader assess the City's two most significant local revenue sources,the property and sales taxes. Debt Capacity 13-17 These tables present information to help the reader assess the affordability of the City's current levels of outstanding debt and the City's ability to issue additional debt in the future. Economic and Demographic Information 18-19 These tables offer economic and demographic indicators to help the reader understand the environment within which the City's financial activities take place. Operating Information 20-22 These tables contain service and infrastructure data to help the reader understand how the information in the City's financial report relates to the services the City provides. Source: Unless otherwise noted,the information in these labels is derived from the comprehensive annual financial reports for the relevant year.The City implemented GASB Statement 34 in fiscal year 2003:tables pressing government-wide information include information beginning in that year. 75 CITY OF WYLIE, TEXAS NET ASSETS BY COMPONENT LAST EIGHT FISCAL YEARS (UNAUDITED) Fiscal Year 2003 2004 2005 Governmental Activities Invested in Capital Assets, Net of Related Debt $ 55,109,795 $ 62,317,301 $ 72,335,440 Restricted 7,714,394 4,103,955 6,412,687 Unrestricted (962,448) 7,178,450 7,914,730 Total Governmental Activities Net Assets 61,861,741 73,599,706 86,662,857 Business-type Activities Invested in Capital Assets, Net of Related Debt 18,425,639 20,801,795 25,207,269 Restricted 9,750,823 12,626,787 12,739,448 Unrestricted 3,300,191 3,680,724 5,175,119 Total Business-type Activities Net Assets 31,476,653 37,109,306 43,121,836 Primary Government Invested in Capital Assets, Net of Related Debt 73,535,434 83,119,096 97,542,709 Restricted 17,465,217 16,730,742 19,152,135 Unrestricted 2,337,743 10,859,174 13,089,849 Total Primary Government Net Assets 93,338,394 110,709,012 129,784,693 Note: The City began to report accrual information when it implemented GASB Statement 34 in fiscal year 2003. This information is presented using the accrual basis of accounting. 76 TABLE 1 2006 2007 2008 2009 2010 $ 73,959,342 $ 80,156,749 $ 81,535,501 $ 87,367,632 $ 92,652,726 9,702,583 4,748,476 - - 157,135 5,266,581 11,225,518 16,778,998 18,364,466 19,795,514 88,928,506 96,130,743 98,314,499 105,732,098 112,605,375 31,205,119 36,564,901 37,155,724 37,166,408 38,013,180 11,926,132 8,738,654 7,460,624 7,338,139 5,470,351 6,181,593 7,424,351 9,393,691 9,820,167 11,356,977 49,312,844 52,727,906 54,010,039 54,324,714 54,840,508 105,164,461 116,721,650 118,691,225 124,534,040 130,665,906 21,628,715 13,487,130 7,460,624 7,338,139 5,627,486 11,448,174 18,649,869 26,172,689 28,184,633 31,152,491 138,241,350 148,858,649 152,324,538 160,056,812 167,445,883 77 CITY OF WYLIE, TEXAS EXPENSES, PROGRAM REVENUES, AND NET (EXPENSE)/REVENUE LAST EIGHT FISCAL YEARS (UNAUDITED) Fiscal Year 2003 2004 2005 Expenses Governmental Activities: General Government $ 2,946,474 $ 3,360,719 $ 3,490,621 Public Safety 4,868,978 5,898,710 7,437,298 Urban development 723,553 839,258 958,368 Streets 2,888,760 3,507,891 4,012,471 Community service 1,866,710 2,118,200 2,348,580 Interest on Long-Term Debt 897,371 836,290 1,030,375 Total Governmental Activities Expenses 14,191,846 16,561,068 19,277,713 Business-type Activities Utility 5,294,510 5,155,675 7,926,463 Total Business-type Activities Expenses 5,294,510 5,155,675 7,926,463 Total Primary Government Expenses $ 19,486,356 $ 21,716,743 $ 27,204,176 Program Revenues Governmental Activities: Charges for Services: General Government $ 1,130,651 $ 1,399,332 $ 1,522,104 Public safety 592,041 779,785 1,071,140 Urban development 2,150,919 1,986,683 1,689,979 Community service 115,180 107,242 130,434 Operating Grants and Contributions 67,139 42,088 61,271 Capital Grants and Contributions 339,992 10,902,894 12,462,144 Total Governmental Activities Program Revenues 4,395,922 15,218,024 16,937,072 Business-type Activities: Charges for Services: Utility 5,864,532 6,776,232 7,876,859 Capital Grants and Contributions 3,763,980 3,863,745 5,945,267 Total Busines-type Activities Program Revenues 9,628,512 10,639,977 13,822,126 Total Primary Government Programs Revenues 14,024,434 25,858,001 30,759,198 Net(Expense)/Revenue Governmental Activities $ (9,795,924) $ (1,343,044) $ (2,340,641) Business-type Activities 433,402 5,484,302 5,895,663 Total Primary Goevernment Net Expense (5,461,922) 4,141,258 3,555,022 Note: The City began to report accrual information when it implemented GASB Statement 34 in fiscal year 2003. This information is presented using the accrual basis of accounting. 78 TABLE 2 2006 2007 2008 2009 2010 $ 4,144,882 $ 4,027,017 $ 5,861,991 $ 3,485,356 $ 6,479,482 8,003,798 10,029,670 10,502,873 11,585,582 11,859,042 862,184 1,083,316 1,061,318 1,178,655 1,193,068 4,578,339 4,631,177 4,871,088 6,761,308 4,263,064 2,651,744 3,074,976 3,248,168 3,325,813 3,292,045 1,751,355 2,795,083 3,068,061 4,872,366 5,163,908 21,992,302 25,641,239 28,613,499 31,209,080 32,250,609 8,843,954 9,495,460 10,219,481 10,338,152 10,494,419 8,843,954 9,495,460 10,219,481 10,338,152 10,494,419 $ 30,836,256 $ 35,136,699 $ 38,832,980 $ 41,547,232 $ 42,745,028 $ 1,862,104 $ 2,176,853 $ 2,192,056 $ 2,164,172 $ 2,255,866 946,408 1,034,296 1,011,893 1,257,771 1,257,540 1,748,000 1,400,515 1,043,266 558,461 652,839 221,299 209,254 313,050 252,003 250,086 37,731 372,503 405,557 264,209 474,576 8,411,904 5,958,047 2,200,423 5,731,359 6,494,706 13,227,446 11,151,468 7,166,245 10,227,975 11,385,613 8,832,061 8,041,284 9,508,602 10,172,309 11,088,925 5,148,706 4,019,494 1,154,027 51,500 - 13,980,767 12,060,778 10,662,629 10,223,809 11,088,925 27,208,213 23,212,246 17,828,874 20,451,784 22,474,538 $ (8,764,856) $ (14,489,771) $ (21,447,254) $ (20,981,105) $ (20,864,996) 5,136,813 2,565,318 443,148 (114,343) 594,506 (3,628,043) (11,924,453) (21,004,106) (21,095,448) (20,270,490) 79 CITY OF WYLIE, TEXAS GENERAL REVENUES AND TOTAL CHANGE IN NET ASSETS LAST EIGHT FISCAL YEARS (UNAUDITED) Fiscal Year 2003 2004 2005 Net(Expense)/Revenue Governmental Activities $ (9,795,924) $ (1,343,044) $ (2,340,641) Business-type Activities 4,334,002 5,484,302 5,895,663 Total Primary Government Net Expense (5,461,922) 4,141,258 3,555,022 Governmental Revenues and Other Changes in Net Assets Governmental Activities: Taxes Property Taxes 6,748,379 8,226,158 9,744,962 Sales Taxes 1,513,254 2,130,573 2,668,983 Franchise Taxes 1,363,395 1,712,695 1,454,975 Unrestricted Investment Earnings 188,379 146,679 439,481 Miscellaneous Income 35,914 25,698 558,401 Gain (loss)on disposal of capital assets 6,207 - - Transfers 492,125 570,239 479,942 Total Governmental Activities 10,347,653 12,812,042 15,346,744 Business-type Activities: Investment Earnings 227,486 191,258 441,638 Miscellaneous Income 61,564 131,494 129,796 Gain (loss)on disposal of capital assets - - 193,305 Transfers (492,125) (570,239) (479,942) Total Business-type Activities (203,075) (247,487) 284,797 Total Primary Government $ 10,144,578 $ 12,564,555 $ 15,631,541 Change in Net Assets Governmental Activities $ 551,729 $ 11,468,998 $ 13,006,103 Business-type Activities 4,130,927 5,236,815 6,180,640 Total Primary Government $ 4,682,656 $ 16,705,813 $ 19,186,743 Note: The City began to report accrual information when it implemented GASB Statement 34 in fiscal year 2003. This information is presented using the accrual basis of accounting. 80 TABLE 3 2006 2007 2008 2009 2010 $ (8,764,856) $ (14,489,771) $ (21,447,254) $ (20,981,105) $ (20,864,996) 5,136,813 2,565,318 443,148 (114,343) 594,506 (3,628,043) (11,924,453) (21,004,106) (21,095,448) (20,270,490) 11,232,673 13,100,185 15,540,800 20,391,128 20,649,388 3,308,755 3,575,795 3,892,994 3,933,650 4,086,686 1,941,805 1,739,883 1,963,797 2,391,509 2,226,420 1,406,561 2,687,320 1,926,928 924,047 212,547 469,580 152,518 215,192 297,601 118,547 - (13,693) 34,396 10,769 (5,315) 447,137 450,000 450,000 450,000 450,000 18,806,511 21,692,008 24,024,107 28,398,704 27,738,273 821,375 1,125,117 786,986 299,563 169,925 315,329 174,627 40,082 579,455 201,363 (447,137) (450,000) (450,000) (450,000) (450,000) 689,567 849,744 377,068 429,018 (78,712) $ 19,496,078 $ 22,541,752 $ 24,401,175 $ 28,827,722 $ 27,659,561 $ 10,041,655 $ 7,202,237 $ 2,576,853 $ 7,417,599 $ 6,873,277 5,826,380 3,415,062 820,216 314,675 515,794 $ 15,868,035 $ 10,617,299 $ 3,397,069 $ 7,732,274 $ 7,389,071 81 CITY OF WYLIE, TEXAS FUND BALANCES OF GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (UNAUDITED) Fiscal Year 2001 2002 2003 2004 General Fund Reserved $ 93,941 $ 281,746 $ 27,156 $ 27,156 Unreserved 2,074,503 2,427,547 3,358,463 3,358,463 Total General Fund $ 2,168,444 $ 2,709,293 $ 3,385,619 $ 3,385,619 All Other Governmental Funds Reserved $ 447,709 $ 504,533 $ 652,595 $ 652,595 Unreserved, Reported in: Special Revenue Funds 656,310 553,365 923,291 923,291 Debt Service Funds - - - - Capital Projects Funds 7,134,694 8,485,096 7,124,117 7,124,117 Total All Other Governmental Funds $ 8,238,713 $ 9,542,994 $ 8,700,003 $ 8,700,003 (1)The increase in fund balance was due to unspent bond proceeds from an issuance during the period for capital projects. 82 TABLE 4 2005 2006 2007 2008 2009 2010 $ 66,650 $ 193,791 $ 541,028 $ 188,255 $ 146,428 $ 153,389 4,426,413 5,923,979 7,486,053 8,878,326 9,917,733 8,305,011 $ 4,493,063 $ 6,117,770 $ 8,027,081 $ 9,066,581 $ 10,064,161 $ 8,458,400 $ 799,229 $ 1,193,142 $ 319,576 $ 634,477 $ 595,319 $ 656,402 1,651,712 1,619,655 2,363,046 2,861,942 3,845,934 5,308,220 - - - - - 194,986 5,565,400 (1 39,960,132 35,075,726 85,908,035 67,875,143 44,082,553 $ 8,016,341 $ 42,772,929 $ 37,758,348 $ 89,404,454 $ 72,316,396 $ 50,242,161 83 CITY OF WYLIE, TEXAS CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (UNAUDITED) Fiscal Year 2001 2002 2003 2004 Revenues Ad valorem taxes $ 6,591,776 $ 5,549,904 $ 6,789,129 $ 8,173,918 Sales taxes - 1,425,506 1,513,254 2,130,572 Franchise fees - 958,066 1,062,766 1,382,731 Licenses and permits 739,570 1,131,544 1,708,903 1,522,039 Intergovernmental 263,330 365,316 360,135 532,857 Service fees 1,077,036 1,643,429 1,563,150 1,964,910 Court fees 492,549 484,920 426,637 419,272 Interest income 358,224 225,386 188,379 146,679 Miscellaneous income 292,778 162,866 353,940 143,896 Total Revenues 9,815,263 11,946,937 13,966,293 16,416,874 Expenditures General Government 2,553,293 2,946,905 3,067,478 3,380,349 Public Safety 3,144,614 4,120,896 4,761,956 5,773,019 Urban development 550,994 711,194 707,450 827,281 Streets 445,148 2,210,787 721,335 1,213,454 Community Service 1,166,681 1,438,312 1,906,459 2,094,914 Capital Outlay 1,758,402 - 1,479,178 3,865,797 Debt Service Principal 1,409,509 1,096,743 1,190,889 1,326,449 Interest and fiscal charges - 746,970 875,384 850,877 Bond issuance costs - - - - Total Expenditures 11,028,641 13,271,807 14,710,129 19,332,140 Excess of Revenues Over(Under) Expenditures (1,213,378) (1,324,870) (743,836) (2,915,266) Other Financing Sources (Uses) Transfers In 565,000 771,430 1,149,708 1,011,756 Transfers Out (138,000) (351,430) (909,784) (690,465) Issuance of long-term debt 5,000,000 2,750,000 - - Premium on bonds issued - - - - Discount on bonds issued - - - - Payment to refunded bond escrow agent - - - - Sale of capital assets - - 6,207 - Total Other Financing Sources(Uses) 5,427,000 3,170,000 246,131 321,291 Net Change in Fund Balances 4,213,622 1,845,130 (497,705) (2,593,975) Debt Service as a Percentage of Noncapital Expenditures 15.2% 13.9% 15.6% 14.1% 84 TABLE 5 2005 2006 2007 2008 2009 2010 $ 9,754,037 $ 11,207,753 $ 13,094,757 $ 15,530,285 $ 20,310,022 $ 20,649,075 2,668,983 3,308,755 3,575,794 3,892,994 3,933,650 4,086,686 1,407,351 1,893,383 1,908,984 2,045,205 2,136,664 2,060,000 1,260,963 1,319,956 1,056,919 1,857,614 1,060,595 1,083,184 773,875 443,124 784,350 1,558,929 2,485,357 6,765,997 2,094,474 2,322,030 2,557,315 2,767,258 2,670,068 2,786,282 427,892 617,288 587,250 547,987 427,246 425,439 439,481 1,406,562 2,687,318 1,882,079 913,799 210,314 840,676 859,269 1,361,511 644,793 562,751 439,558 19,667,732 23,378,120 27,614,198 30,727,144 34,500,152 38,506,535 3,767,483 4,169,819 11,542,571 6,927,392 5,442,300 5,794,116 7,751,414 8,892,087 9,357,139 10,244,272 11,042,607 12,991,765 953,570 859,697 1,080,324 1,026,260 1,135,299 1,161,850 1,345,498 1,548,675 1,470,049 1,587,208 1,620,193 1,189,434 8,554,999 2,789,512 3,026,580 3,303,805 3,117,542 2,893,696 4,178,917 2,190,857 873,016 5,924,706 19,900,621 30,662,779 1,404,888 1,554,007 1,511,412 1,975,248 3,627,903 3,458,337 769,876 1,109,257 3,324,640 2,725,301 5,156,180 5,091,403 176,219 154,417 75,387 247,318 - 225,807 28,902,864 23,268,328 32,261,118 33,961,510 51,042,645 63,469,187 (9,235,132) 109,792 (4,646,920) (3,234,366) (16,542,493) (24,962,652) 1,188,604 1,293,280 2,951,221 2,834,249 2,597,809 4,019,027 (943,847) (1,546,049) (2,123,361) (2,384,249) (2,147,809) (3,569,027) 13,798,337 36,229,000 4,793,155 55,625,000 - 8,264,548 160,796 200,697 34,739 238,069 - 3,892 (84,614) - (34,364) - - - - - (3,971,472) - - (7,435,784) (1,866,358) - (13,693) - 2,015 - 12,252,918 36,176,928 1,636,225 56,313,069 452,015 1,282,656 3,017,786 36,286,720 (3,010,695) 53,078,703 (16,090,478) (23,679,996) 9.5% 13.4% 15.6% 17.6% 32.9% 28.1% 85 CITY OF WYLIE, TEXAS TABLE 6 TAX REVENUES BY SOURCE, GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (UNAUDITED) Fiscal Ad Valorem Sales Franchise Year Taxes Taxes Taxes Total 2001 4,509,741 1,265,091 816,944 6,591,776 2002 5,549,904 1,425,506 958,066 7,933,476 2003 6,789,129 1,513,254 1,062,766 9,365,149 2004 8,173,918 2,130,572 1,382,731 11,687,221 2005 9,754,037 2,668,983 1,407,351 13,830,371 2006 11,207,753 3,308,755 1,893,383 16,409,891 2007 13,094,757 3,575,794 1,908,984 18,579,535 2008 15,530,285 3,892,994 2,045,205 21,468,484 2009 20,310,022 3,933,650 2,136,664 26,380,336 2010 20,649,075 4,086,686 2,060,000 26,795,761 Percent Change $ 16,139,334 $ 2,821,595 $ 1,243,056 $ 20,203,985 2001-2010 457.9% 323.0% 252.2% 406.5% 86 TABLE 7 CITY OF WYLIE, TEXAS ASSESSED VALUE AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY LAST TEN FISCAL YEARS (UNAUDITED) Less: Total Taxable Total Fiscal Residential Commercial Industrial Tax-Exempt Assessed Direct Tax Year Property Property Property Property Value Rate 2001 560,941,176 119,452,227 152,385,135 38,197,185 794,581,353 0.7200 2002 726,859,995 141,791,206 145,359,599 48,290,835 965,719,965 0.7150 2003 908,488,917 238,191,077 71,440,440 61,618,003 1,156,502,431 0.7050 2004 1,150,987,305 278,236,963 68,178,047 67,507,524 1,429,894,791 0.6950 2005 1,337,824,710 318,619,349 60,064,348 76,422,118 1,640,086,289 0.6950 2006 1,542,236,827 263,505,829 136,669,956 84,931,166 1,857,481,446 0.7068 2007 1,764,303,848 288,951,716 146,785,364 89,947,174 2,110,093,754 0.7333 2008 1,851,412,088 320,559,885 154,813,362 94,519,658 2,232,265,677 0.8989 2009 1,681,490,233 317,876,320 159,911,022 98,352,452 2,060,925,123 0.8989 2010 1,849,191,950 350,209,595 121,853,139 98,637,590 2,222,617,094 0.8989 87 CITY OF WYLIE, TEXAS TABLE 8 DIRECT AND OVERLAPPING PROPERTY TAX RATES LAST TEN FISCAL YEARS (UNAUDITED) City Direct Rates Overlapping Rates General Wylie Community Collin County Total Direct& Fiscal Basic Obligation Total Independent Independent Collin Community Overlapping Year Rate Debt Service Direct Rate School District School District County College District Rates 2001 0.489030 0.230970 0.720000 1.5700 1.5000 0.2500 0.0941 4.1341 2002 0.503896 0.211104 0.715000 1.5609 1.4301 0.2500 0.0928 4.0488 2003 0.534042 0.170958 0.705000 1.6100 1.5375 0.2500 0.0920 4.1945 2004 0.555908 0.139092 0.695000 1.7200 1.6200 0.2500 0.0919 4.3769 2005 0.561947 0.133053 0.695000 1.8000 1.6700 0.2500 0.0906 4.5056 2006 0.561950 0.144830 0.706780 1.7250 1.5400 0.2400 0.0878 4.2996 2007 0.561950 0.171300 0.733250 1.3900 1.4950 0.2425 0.0877 3.9484 2008 0.561950 0.336950 0.898900 1.5100 1.4950 0.2425 0.0865 4.2329 2009 0.550220 0.348680 0.898900 1.5100 1.4950 0.2425 0.0865 4.2329 2010 0.600850 0.298050 0.898900 1.6400 1.4950 0.2425 0.0863 4.3627 (1)Source:Central appraisal District of Coiling County web site(www.collincad.org). (2)Although the Community Independent School District is included in the above presentation,less than one per cent of the City of Wylie lies within this taxing jurisdiction. (3)Basis for property tax rate is per$100 of taxable valuation. 88 CITY OF WYLIE, TEXAS TABLE 9 PRINCIPAL PROPERTY TAX PAYERS CURRENT YEAR AND TEN YEARS AGO (UNAUDITED) 2010 2000 Percentage Percentage Taxable of Total City Taxable of Total City Assessed Taxable Assessed Taxable Taxpayer Value Rank Assessed Value Value Rank Assessed Value Sanden International $ 35,769,010 1 1.63% $ 48,400,365 1 6.03% Woodbridge Dallas Associates LLC 22,800,000 2 1.04% - Oncor Electric Delivery Company 20,478,220 3 0.93% - Woodbridge Crossing LP 16,859,883 4 0.77% - Sanden International(USA)INC 15,501,947 5 0.71% 22,152,568 2 2.76% Target Corporation 14,777,056 6 0.67% - Wal-Mart Real Estate Business 12,810,506 7 0.58% - Atrium Companies INC 11,269,019 8 0.51% 3,503,895 10 0.44% Yes Companies LLC 10,560,827 9 0.48% - Holland Hitch of Tx INC 10,429,306 10 0.47% 11,421,226 3 1.42% GTE Southwest INC 10,018,700 11 0.46% - Best Circuit Boards INC 9,520,719 12 0.43% - Cascades Apartments LTD 9,500,000 13 0.43% - Windough(DE) LP 7,162,865 14 0.33% - Wal-Mart Stores Texas LLC 6,267,018 15 0.29% - Target Corporation 6,006,317 16 0.27% - Sooners Group LP 6,000,000 17 0.27% - Westdale Rustic Oaks LTD 5,996,388 18 0.27% - ABS TX Investor LP 5,991,250 19 0.27% - BBV Texas Development LLC 5,802,601 20 0.26% - Total $ 243,521,632 $ 85,478,054 (1)Source: Central Appraisal District of Collin County. 89 CITY OF WYLIE, TEXAS TABLE 10 PROPERTY TAX LEVIES AND COLLECTIONS LAST TEN FISCAL YEARS (UNAUDITED) Collected Within the Fiscal Year of the Levy Total Collections to Date Fiscal Taxes Levied Collections Year Ended for the Percentage in Subsequent Percentage September 30 Fiscal Year Amount of Levy Years Amount of Levy 2001 4,482,580 4,413,866 98.47% 52,355 4,466,221 99.64% 2002 5,551,269 5,413,295 97.51% 82,696 5,495,991 99.00% 2003 6,900,461 6,567,156 95.17% 136,594 6,703,750 97.15% 2004 8,229,415 8,029,289 97.57% 74,574 8,103,863 98.47% 2005 10,041,005 9,524,055 94.85% 159,178 9,683,233 96.44% 2006 11,161,901 10,989,996 98.46% 157,412 11,147,408 99.87% 2007 12,963,905 12,821,056 98.90% 1 12,821,057 98.90% 2008 15,262,086 15,241,892 99.87% 1 15,241,893 99.87% 2009 20,125,509 19,783,368 98.30% 120,195 19,903,563 98.90% 2010 20,597,372 20,304,072 98.58% 168,467 20,472,539 99.39% 90 CITY OF WYLIE, TEXAS TABLE 11 TAXABLE SALES BY CATEGORY LAST TEN CALENDAR YEARS (UNAUDITED) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Construction $ 113,140 $ 76,359 $ 66,974 $ 83,892 $ 197,405 $ 263,942 $ 237,532 $ 262,065 $ 245,608 $ 254,197 Manufacturing 14,951 133,461 120,075 149,177 143,017 125,161 35,303 39,580 167,054 172,896 Transportation, Communications 61,081 114,753 117,531 412,117 381,744 520,844 574,246 502,877 449,408 465,124 Wholesale Trade 20,561 16,022 29,525 29,152 23,060 87,671 129,301 216,300 82,703 85,595 Retail Trade 800,505 921,257 921,521 1,068,919 1,201,192 1,364,324 1,756,930 1,591,815 1,980,495 2,049,752 Other 775,930 726,762 843,448 1,187,665 1,735,330 2,155,410 2,113,517 2,698,777 2,268,075 2,347,389 Total $ 1,786,168 $ 1,988,614 $ 2,099,074 $ 2,930,922 $ 3,681,748 $ 4,517,352 $ 4,846,829 $ 5,311,414 $ 5,193,344 $ 5,374,954 Note: Due to confidentiality issues,the names of the ten largest revenue payers are not available.The categories presented are intended to provide alternative information regarding the sources of revenue.The tax liability includes the City sales tax rate of one percent and the blended component unit rate of one-half percent. 91 CITY OF WYLIE, TEXAS TABLE 12 DIRECT AND OVERLAPPING SALES TAX REVENUE LAST TEN FISCAL YEARS (UNAUDITED) City Wylie Economic Fiscal Direct Development Collin Year Rate Corporation County 2001 1.50% 0.50% 0.00% 2002 1.50% 0.50% 0.00% 2003 1.50% 0.50% 0.00% 2004 1.50% 0.50% 0.00% 2005 1.50% 0.50% 0.00% 2006 1.50% 0.50% 0.00% 2007 1.50% 0.50% 0.00% 2008 1.50% 0.50% 0.00% 2009 1.50% 0.50% 0.00% 2010 1.50% 0.50% 0.00% Note: The City sales tax rate includes the City sales tax rate of one percent and the blended component unit rate of one-half percent 92 CITY OF WYLIE, TEXAS TABLE 13 RATIOS OF OUTSTANDING DEBT BY TYPE LAST TEN FISCAL YEARS (UNAUDITED) General Bonded Debt Other Governmental Activities Debt General Combination Tax Fiscal Obligation Tax/Revenue Certificates of Revenue Contractual Loans and Capital Year Bonds Bonds Obligation Bonds Obligations Obligation Leases 2001 11,064,179 - - 1,515,000 - - - 2002 15,294,286 1,509,130 365,000 1,400,000 - 370,000 - 2003 14,490,946 1,281,580 270,000 1,335,000 - 285,000 - 2004 13,656,341 1,049,736 170,000 1,265,000 - 195,000 - 2005 19,325,556 6,225,000 65,000 1,190,000 - 100,000 33,064 2006 53,613,889 6,010,000 - 1,115,000 841,659 - 16,097 2007 52,738,155 5,790,000 - 1,035,000 1,462,690 - - 2008 89,883,965 22,560,000 - 945,000 1,286,832 - - 2009 87,287,620 21,855,000 - 850,000 1,055,074 - - 2010 85,590,000 21,590,000 - 750,000 882,101 - 71,677 Business-type Activities General Water Total Percentage Fiscal Obligation Revenue Contractual Capital Primary of Personal Per Year Bonds Bonds Obligations Leases Government Income Capita(2) 2001 6,100,821 3,060,000 - - 21,740,000 4.59% 1,301 2002 3,235,735 6,040,870 - 672,813 28,887,834 5.60% 1,574 2003 3,074,072 5,603,420 - 522,578 26,862,596 4.50% 1,258 2004 2,903,677 5,155,264 - 360,724 24,755,742 3.30% 947 2005 3,699,444 3,615,000 - 356,890 34,609,954 3.91% 1,161 2006 3,226,111 3,460,000 1,157,710 185,000 69,625,466 6.70% 2,110 2007 10,516,845 3,300,000 1,057,000 - 75,899,690 7.55% 2,300 2008 9,941,234 3,125,000 930,964 - 128,672,795 10.24% 3,354 2009 9,327,381 2,940,000 844,002 - 124,159,077 9.51% 3,242 2010 11,125,000 - 729,665 - 120,738,443 10.14% 3,096 (1)Details regarding the City's outstanding debt can be found in the notes to the financial statements. (2)See the Demographic and Economic Statistics table on page 98 for population data. 93 CITY OF WYLIE, TEXAS TABLE 14 RATIOS OF GENERAL BONDED DEBT OUTSTANDING LAST TEN FISCAL YEARS (UNAUDITED) General Bonded Debt Outstanding General Percentage Fiscal Obligation Certificates of Actual Taxable Per Year Bonds Obligation Total Value of Property Capita 2001 20,782,305 - $ 20,782,305 3.37% 1,576 2002 15,294,286 365,000 $ 15,659,286 2.98% 937 2003 14,490,946 270,000 $ 14,760,946 1.70% 804 2004 13,656,341 170,000 $ 13,826,341 1.28% 648 2005 19,325,556 65,000 $ 19,390,556 1.80% 742 2006 53,613,889 - $ 53,613,889 3.51% 1,796 2007 82,738,155 - $ 82,738,155 2.50% 1,485 2008 89,883,765 - $ 89,883,765 4.03% 2,343 2009 87,287,620 - $ 87,287,620 3.87% 2,279 2010 85,590,000 - $ 85,590,000 3.85% 2,195 94 CITY OF WYLIE, TEXAS TABLE 15 DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT (UNAUDITED) Estimated Estimated Share of Debt Percentage Direct and Governmental Unit Outstanding Applicable Overlapping Debt Debt Repaid with Property Taxes Wylie Independent School District $ 239,223,563 (1) 56.47% $ 135,089,546 Community Independent School District 12,953,931 (1) 0.42% 54,407 Collin County 397,879,090 (1) 2.67% 10,623,372 Collin County 60,205,000 (1) 2.67% 1,607,474 Subtotal, Overlapping Debt 147,374,798 City Direct Debt (2) 85,590,000 Total Direct and Overlapping Debt 232,964,798 Ratio of Direct and Overlapping Bonded Debt to Taxable Assessed Valuation 10.48% Per Capita Direct and Overlapping Debt $ 5,973 (1)Source: First Southwest Company (2) Excludes self supported debt (3)Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businessess of the City of Wylie, Texas. This process recognizes that,when considering the governments ability to issue and repay long-term debt, the entire debt burden borrne by the residents and businessess should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government. (4)The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated by determining the portion of the various government's taxable assessed value that is within the governments boundaries and dividing it by the total taxable assessed value. 95 CITY OF WYLIE, TEXAS TABLE 16 LEGAL DEBT MARGIN INFORMATION LAST TEN FISCAL YEARS (UNAUDITED) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Debt Limit $ 113,213,283 $ 135,497,032 $ 155,220,182 $ 184,161,840 $ 234,374,571 $ 790,054,078 $ 790,054,078 $ 790,054,078 $ 790,054,078 $ 790,054,078 Total Net Debt Applicable to Limit 20,782,305 22,427,338 15,833,191 14,515,653 25,077,022 53,613,889 53,613,889 53,613,889 87,287,620 85,590,000 Legal Debt Margin 92,430,978 113,069,694 139,386,991 169,646,187 209,297,549 736,440,189 736,440,189 736,440,189 702,766,458 704,464,078 Total Net Debt Applicable to the Limit As a percentage of Debt Limit 18.36% 16.55% 10.20% 7.88% 10.70% 6.79% 6.79% 6.79% 11.05% 10.83% Legal Debt Margin Calculation for the Current Fiscal Year Assessed Value $ 2,222,617,094 Debt Limit(10%)of Assessed Value) 222,261,709 Debt Applicable to Limit: General Obligation Bonds 85,590,000 Less:Amount Set Aside for Repayment of General Obligation Debt (7,706,656) Total Net Debt applicable to Limit 77,883,344 Legal Debt Margin $ 144,378,365 (1)Under state law,the City of Wylie,Texas'outstanding general obligation debt should not exceed ten percent of total assessed property value.By law,the general obligation debt subject to the limitation may be offset by the amount set aside for repaying general obligation bonds. 96 CITY OF WYLIE, TEXAS TABLE 17 PLEDGED-REVENUE COVERAGE LAST TEN FISCAL YEARS (UNAUDITED) Vater Revenue Bond Utility Less: Net Fiscal Service Operating Available Debt Service(3) Year Charges(1) Expenses(2) Revenue Principal Interest Total Coverage 2001 4,313,606 2,259,333 2,054,273 85,000 168,929 253,929 8.09 2002 4,789,856 2,636,705 2,153,151 90,000 163,411 253,411 8.50 2003 5,864,531 3,833,370 2,031,161 135,000 203,808 338,808 6.00 2004 6,776,234 3,674,258 3,101,976 140,000 198,981 338,981 9.15 2005 7,876,858 6,411,920 1,464,938 145,000 190,322 335,322 4.37 2006 8,832,060 6,925,231 1,906,829 155,000 181,339 336,339 5.67 2007 8,041,284 7,614,530 426,754 160,000 657,090 817,090 0.52 2008 9,508,602 8,217,466 1,291,136 175,000 712,223 887,223 1.46 2009 10,172,309 8,380,779 1,791,530 185,000 582,293 767,293 2.33 2010 11,088,925 8,588,542 2,500,383 195,000 534,756 729,756 3.43 (1)Includes total operating revenue of the Utility Enterprise Fund (2)Includes operating expenses of the Utility Enterprise Fund, less depreciation expense. (3)Debt service requirements includes principal and interest payments on revenue bonds. 97 CITY OF WYLIE, TEXAS DEMOGRAPHIC AND ECONOMIC STATISTICS LAST TEN FISCAL YEARS (UNAUDITED) 2001 2002 2003 2004 Population(1) 16,711 18,350 21,350 26,150 Personal Income $ 50,000 $ 58,607 $ 67,215 $ 70,049 Per Capita Personal Income $ 28,333 $ 28,132 $ 27,951 $ 28,716 Median Age 32.9 32.7 32.8 32.8 Education Level in Years of Schooling (2) Less than high school graduate 14.2% 14.2% 14.2% 14.2% High school graduate(or equivalent) 26.6% 26.6% 26.6% 26.6% Some college/associate's degree 37.4% 37.4% 37.4% 37.4% Bachelor's degree 17.0% 17.0% 17.0% 17.0% Masters, professional, or doctorate 4.8% 4.8% 4.8% 4.8% School Enrollment 4,975 5,718 6,266 7,903 Unemployment(3) 5.8% 7.7% 6.9% 5.2% (1) Population estimate from North Central Texas council of Governments, as modified by City staff estimates. (2) Education per the 2000 U.S. Census. (3) Unemployment rates from the Texas Workforce Commission website(www.twc.state.tx.us). 98 TABLE 18 2005 2006 2007 2008 2009 2010 29,800 33,000 35,400 38,360 38,300 39,000 $ 72,570 $ 75,181 $ 77,624 $ 79,962 $ 83,476 $ 85,002 $ 29,738 $ 31,511 $ 31,813 $ 32,771 $ 34,082 $ 30,534 33.0 33.6 33.9 32.3 33.7 34.3 14.2% 14.2% 14.2% 14.2% 14.2% 14.2% 26.6% 26.6% 26.6% 26.6% 26.6% 26.6% 37.4% 37.4% 37.4% 37.4% 37.4% 37.4% 17.0% 17.0% 17.0% 17.0% 17.0% 17.0% 4.8% 4.8% 4.8% 4.8% 4.8% 4.8% 8,948 9,800 10,739 11,369 11,349 11,970 4.3% 4.5% 3.6% 5.2% 8.3% 7.2% 99 CITY OF WYLIE, TEXAS TABLE 19 PRINCIPAL EMPLOYERS CURRENT YEAR AND NINE YEARS AGO (UNAUDITED) 2010 2001 Percentage Percentage of Total City of Total City Employer Employees Rank Employment Employees Rank Employment Wylie ISD 1,749 1 24.53% 616 2 11.98% NTMWD 506 2 7.10% 279 5 5.42% Sanden International 401 3 5.62% 1,000 1 19.44% Wal-Mart 380 4 5.33% - - - Extruders 280 5 3.93% 325 4 6.32% City of Wylie 236 6 3.31% 94 9 1.83% Target 223 7 3.13% - - - Holland USA 156 8 2.19% 223 6 4.34% Home Depot 150 9 2.10% - - - Global Innovation 148 10 2.08% - - - Total 4,229 59.31% 2,537 49.32% 100 CITY OF WYLIE, TEXAS TABLE 20 FULL-TIME EQUIVALENT EMPLOYEES BY FUNCTION/PROGRAM LAST TEN FISCAL YEARS (UNAUDITED) Full-Time Equivalent Employees as of Year End 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Function/Program General Government Management Services 6 7 7 8 8 10 12 13 13 13 Finance 6 6 6 6 6 5 5 5 5 5 Development Services - - - - - - - - - - Planning 3 3 3 3 3 3 4 4 4 4 Building 5 7 7 8 9 9 9 9 8 8 Other 4 4 3 3 4 4 5 6 7 7 Police Officers 28 23 26 28 35 38 43 47 49 49 Civilian 3 3 4 5 5 5 7 7 5 5 Fire Firefighters and Officers 18 26 27 29 30 30 36 42 41 41 Civilians 1 1 1 1 2 2 2 2 2 2 Animal Control 1 2 2 3 3 4 4 4 4 4 Dispatch - 7 7 8 10 10 12 12 12 12 Streets 6 6 8 8 11 11 11 11 11 11 Other Public Works Engineering 3 3 3 3 4 4 4 4 4 4 Other 9 11 11 11 13 13 13 13 13 13 Parks and Recreation 14 14 18 20 23 23 23 24 27 29 Library 6 6 6 6 7 8 8 9 12 12 Water 8 9 11 10 11 11 11 11 11 11 Wastewater - - - 4 5 5 5 5 5 5 EDC 2 2 1 1 1 1 2 2 2 2 Total 123 140 151 165 190 196 216 230 234 237 101 CITY OF WYLIE, TEXAS OPERATING INDICATORS BY FUNCTION/PROGRAM LAST TEN FISCAL YEARS (UNAUDITED) 2001 2002 2003 2004 Function/Program General Government Building Permits Issued 634 974 1,430 1,282 Building Permits Value(thousands) $ 83,529 $ 149,262 $ 189,835 $ 173,349 Police Physical Arrests 851 732 720 741 Violations Issued 4,928 5,200 4,301 3,966 Warrants Issued 740 715 230 378 Fire Emergency Responses 1,303 1,312 1,658 1,698 Fires Extinguished 115 108 138 164 Inspections 443 329 445 596 Other Public Works Street Resurfacing (miles) - 1 4 5 Potholes Repaired - - - - Parks and Recreation Athletic Field Permits Issued - - - 25 Community Center Admissions - - 14,280 19,044 Baseball/Softball Fields 8 8 8 8 Soccer/Football Fields 14 14 14 14 Library Volumes in Collection 42,997 44,000 46,166 47,251 Water New Connections 634 974 1,430 1,282 Water Main Breaks 14 21 26 17 Average Daily Consumption (gallons) 2,485,838 2,382,036 3,049,411 3,487,193 102 TABLE 21 2005 2006 2007 2008 2009 2010 1,203 1,100 703 500 253 291 $ 145,748 $ 170,732 $ 127,663 $ 102,151 $ 150,000 $ 254,669 706 923 1,536 1,280 1,215 1,121 3,044 6,068 5,681 4,917 3,492 3,555 1,664 1,062 1,287 1,235 575 841 1,935 2,107 2,502 2,607 2,723 2,960 209 172 51 126 78 71 527 549 1,203 1,275 905 1,111 - 5 5 4 2 2 216 240 170 50 50 50 34 18 41 - 106 220 20,349 14,173 15,351 14,273 14,987 14,630 9 9 9 10 18 18 16 16 16 16 20 20 49,393 50,393 49,951 47,708 47,507 47,417 1,020 1,100 711 240 104 104 16 24 5 18 19 19 4,076,730 3,991,080 3,738,551 3,682,780 3,760,000 4,007,763 103 CITY OF WYLIE, TEXAS TABLE 22 CAPITAL ASSET STATISTICS BY FUNCTION/PROGRAM LAST TEN FISCAL YEARS (UNAUDITED) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Function/Program Police Stations 1 1 1 1 1 1 1 1 1 1 Fire Stations 2 2 2 2 2 2 2 2 3 3 Other Public Works Streets(miles) 76 76 114 114 127 127 133 135 136 136 Alleys(miles) - - 6 6 12 12 12 13 13 13 Traffic Signals 3 3 10 10 10 10 10 11 14 14 Parks and Recreation Acreage 175 213 224 239 279 541 621 632 672 668 Playgrounds 5 8 8 9 11 11 11 11 12 12 Community Centers 1 1 1 1 1 1 1 1 1 1 Water Water Mains(miles) 100 100 8 108 110 110 116 119 119 119 Fire Hydrants 800 800 1,084 1,242 1,242 1,242 1,388 1,464 1,500 1,500 Number of service connections 5,221 6,591 7,901 8,841 9,645 9,645 10,155 10,395 10,500 10,500 Wastewater Sanitary Sewers(miles) 108 108 114 114 123 130 136 141 141 141 Education Wylie ISD Campuses in Wylie 7 8 9 11 12 13 17 17 18 18 104 j4/11 Wylie City Council CITY OF WYLIE Minutes SPECIAL CALLED WORK SESSION Wylie City Council Meeting Tuesday, January 11, 2011 - 6:00 p.m. Wylie Municipal Complex - Council Chambers 300 Country Club Road, Bldg. 100 Wylie, TX 75098 CALL TO ORDER Mayor Eric Hogue called the meeting to order at 6:00 p.m. with the following Wylie City Council members present: Mayor Pro Tem Red Byboth, Councilwoman Kathy Spillyards, Councilman Carter Porter, Councilman Rick White, Councilman Bennie Jones and Councilman David Goss. Staff present were: City Manager, Mindy Manson; Assistant City Manager, Jeff Butters; Planning Director, Renae' 011ie; Fire Chief, Randy Corbin; Finance Director, Linda Bantz; Police Chief, John Duscio; Public Services Director, Mike Sferra; City Engineer, Chris Hoisted; WEDC Executive Director, Sam Satterwhite; Construction Manager, Shane Colley; City Secretary, Carole Ehrlich; Public Information Officer, Craig Kelly, and various support staff. WORK SESSION • Overview and Training for the City Council Chambers Technology. Public Information Officer Craig Kelly introduced the new audio/visual technology to the Wylie City Council. Councilmember's were shown the operations of the voting, audio, and visual processes that would be used in the new council chambers ADJOURNMENT A motion was made by Councilman Porter, seconded by Councilman Jones to adjourn the Work Session at 6:00 p.m. A vote was taken and the motion passed unanimously. Eric Hogue, Mayor ATTEST: Carole Ehrlich, City Secretary Minutes January 11, 2011 Special Called Work Session Wylie City Council Page 1 Wylie City Council CITY OF WYLIE Minutes Wylie City Council Meeting Tuesday, January 11, 2011 — 6:00 p.m. Wylie Municipal Complex— Council Chambers 300 Country Club Road, Bldg. 100 Wylie, TX 75098 CALL TO ORDER Announce the presence of a Quorum. Mayor Eric Hogue called the meeting to order at 6:00 p.m. with the following Wylie City Council members present: Mayor Pro Tern Red Byboth, Councilwoman Kathy Spillyards, Councilman Carter Porter, Councilman Rick White, Councilman Bennie Jones and Councilman David Goss. Staff present were: City Manager, Mindy Manson; Assistant City Manager, Jeff Butters; Planning Director, Renae' 011ie; Fire Chief, Randy Corbin; Finance Director, Linda Bentz; Police Chief, John Duscio; Public Services Director, Mike Sferra; City Engineer, Chris Hoisted; WEDC Executive Director, Sam Satterwhite; Construction Manager, Shane Colley; City Secretary, Carole Ehrlich; Public Information Officer, Craig Kelly, and various support staff. INVOCATION & PLEDGE OF ALLEGIANCE Mayor Eric Hogue gave the invocation. The Wylie Fire/Rescue Honor Guard presented the colors and Cub Scout Pack 304, Den 8 of Birmingham Elementary led the Pledge of Allegiance. Cub scouts present included: Zachary Kvale, Collin Sumners, Dylan Smith and Reagan Armstrong. Den leader Tiffany Kvale and Assistant Den Leader Michelle Sumners were also present. PRESENTATION • Presentation of the colors by the Wylie Fire & Rescue Honor Guard. Wylie Fire/Rescue Honor Guard and City Manager Mindy Manson presented the Texas and American flags that had flown at the old municipal building. City Manager Manson explained "the changing of the colors signifies that we have made a transition as an organization. The previous colors that you see here tonight have served our city for many years as a symbol of our nation's pride and tradition. The retiring of these colors and the posting of a new national flag is a representation of the growth of our great city." The Honor Guard saluted as the old flag was taken down. Manson explained that the new flag is presented for inspection and the old flag is given to the guard for safekeeping. The new colors were then posted and saluted. CITIZENS COMMENTS ON NON-AGENDA ITEMS Minutes January 11, 2011 Wylie City Council Page 1 Residents may address Council regarding an item that is not listed on the Agenda. Residents must provide their name and address. Council requests that comments be limited to three (3) minutes. In addition, Council is not allowed to converse, deliberav or take action on any matter presented during citizen Farlicipation. Former Mayor Jim Swartz, residing at 506 Jefferson, Wylie, addressed council stating that the Wylie Advocacy for Seniors had the 501c3 status and was working toward the transition of the senior center to the old City library. He explained that the organization would assist in any way they could. Robert Heath, residing at 209 Arborview, Wylie, addressed council stating that he represented the Downtown Merchants Association. He reported the association had met and were considering sponsoring the July Jubilee Event for 2011. Councilman David Goss addressed council stating that he wanted to request council bring back consideration of a Code of Conduct and make this request part of the public record. CONSENT AGENDA All matters listed under the Consent Agenda are considered to be routine by the City Council and will be enacted by one motion. There will not be separate discussion of these items. If discussion is desired, that item will be removed from the Consent Agenda and will be considered separately. A. Consider, and act upon, approval of the Minutes of the December 14, 2010 Regular Meeting of the Wylie City Council. (C. Ehrlich, City Secretary) B. Consider and place on file the City of Wylie Monthly Revenue and Expenditure Report as of November 30, 2010. (L. Bantz, Finance Director) C. Consider and place on file the City of Wylie Monthly Investment Report for November 30, 2010. (L. Bantz, Finance Director) D. Consider and place on file the Wylie Economic Development Corporation Revenue and Finance Report as of November 30, 2010. (S. Satterwhite, WEDC) E. Consider, and act upon, Resolution No. 2011-01(R) establishing a public newspaper of general circulation to be the "Official Newspaper" for the City of Wylie and further designating a secondary newspaper for notices requiring specific legal requirements. (C. Ehrlich, City Secretary) F. Consider, and act upon, Ordinance No. 2011-01, amending the zoning from Agricultural 30 (AG/30) to Light Industrial (LI) on 2.971 acres (L.K. Pegues Survey, Abstract No. 703, Tract 3) generally located east of Hooper Road and south of Steel Road, more specifically 331 Hooper Road. ZC 2010-07(R. 011ie, Planning Director) G. Consider, and act upon, approval of a Replat for Aldi Wylie Addition, Lots 1 and 2, Block A creating a single commercial lot generally located on the north of FM 544 and approximately 800' east of McCreary Road. (R. 011ie, Planning Director) Council Action A motion was made by Councilman White, seconded by Mayor pro tern Byboth to approve the consent agenda as presented. A vote was taken and the motion passed 7-0. Minutes January 11, 2011 Wylie City Council Page 2 REGULAR AGENDA Tabled from 11/9/2010: Motion to remove from the table and consider and act: Council Action A motion was made by Mayor pro tem Byboth, seconded by Councilwoman Spillyards to remove Item #1 (ZC 2010-04) from the table and consider. A vote was taken and the motion passed 7-0. 1. Consider, and act upon, amending Zoning Ordinance 2006-04, Article 5, Section 5.1.J (Accessory Uses); allowing for and providing certain safeguards relating to Home Occupations. ZC2010-04 (R. 011ie, Planning Director) Staff Comments Planning Director 011ie addressed council stating that Home Occupations are currently allowed in the City and have been since the adoption of Ordinance No. 62-5 with somewhat restricted regulations. The Ordinance; as adopted in 1985, specifically did not allow customers to retrieve items from the business owner's residence. Some transactions, due to State and Federal regulations, have additional steps in the process that necessitates the products being delivered to the sellers address and not to the customer who originally made the purchase. A change to the Home Occupation Ordinance would continue promoting entrepreneurship while maintaining the residential integrity of the neighborhood. 011ie reported the Commission discussed the effect the proposed amendment would have on in-home day care centers and how they operate. As an additional safeguard, the Commission recommends adding a clause to exempt in-home day cares for the guidelines of the Home Occupation Ordinance. The exemption would exclude those homeowners who operate an in-home day care that is certified, listed or registered with the State of Texas. Those businesses that are included would be those that meet the definition as outlined in the Human Resources Code Chapter 42: Sec. 42.002. DEFINITIONS. In this chapter: (9) "Family home" means a home that provides regular care in the caretaker's own residence for not more than six children under 14 years of age, excluding children who are related to the caretaker, and that provides care after school hours for not more than six additional elementary school children, but the total number of children, including children who are related to the caretaker, does not exceed 12 at any given time. The term does not include a home that provides care exclusively for any number of children who are related to the caretaker. e) The exemptions provided by Subsection (b) of this section do not affect the authority of local, regional, or state health department officials, the state fire marshal, or local fire prevention officials to inspect child-care facilities. 011ie noted that in addition, the Commission discussed the number of employees allowed on the premises. It was the decision of the Commission to allow no more than 2 additional employees who do not reside on the premises. This would allow those businesses who require additional help in operating a business, but will not have a significant adverse affect on on-street traffic flow. It was stated that the already existing provision that limits pedestrian and vehicular traffic to that normally associated with residential districts would suffice as the mechanism that ensures no business regardless of employees could impede on the residential character of the neighborhood. The Commission added a clause stating that a property owner has the opportunity to seek a variance to this ordinance only in accordance with Section 8.4 of the current Zoning Ordinance. Minutes January 11, 2011 Wylie City Council Page 3 The statement "there shall be no sale of merchandise which requires customers to go to the property" was removed. She reported the commission had voted 4-0 to recommend approval of these amendments to the Wylie City Council. Public Input Margaret Justiss, residing at 312 Foxwood Lane, Wylie, addressed council stating that on behalf of her community, she was requesting that council keep regulations that protect residential neighborhoods. Council/Staff Discussion Councilwoman Spillyards asked Planning Director 011ie whether information had been gathered regarding other cities' policies for outside employees. Ms. 011ie reported that Allen, Cedar Hill, Euless, Richardson and Southiake do not allow any outside employees. McKinney, Rowlett, Murphy and Plano allow only one outside employee in a home occupation setting. Only Frisco allows two outside employees. Councilwoman Spillyards asked why two outside employees had been chosen. Planning Director 011ie replied there was no particular reason but rather a compromise by the members. Mayor pro tern Byboth voiced his concern with regard to traffic and parking with parents dropping off their children and picking them up from day care. Planning Director 011ie explained that the pickup and drop off would be staggered due to different age groups. Council Action A motion was made by Councilman Goss, seconded by Councilman Jones to amend Zoning Ordinance No. 2006-04, Article 5, Section 5.1.J (Accessory Uses); allowing for and providing certain safeguards relating to Home Occupations as presented (ZC 2010-04). A vote was taken and the motion passed 7-0. READING OF ORDINANCES City Secretary Ehrlich read the caption to Ordinance No. 2011-01 into the official record. ADJOURNMENT With no further business before the Wylie City Council, a motion was made by Councilman Porter, seconded by Councilman Jones to adjourn the meeting at 6:48 p.m. A vote was taken and the motion passed unanimously. Eric Hogue, Mayor ATTEST: Carole Ehrlich, City Secretary Minutes January 11, 2011 Wylie City Council Page 4 Wylie City Council CITY OF WYLIE AGENDA REPORT Meeting Date: January 25, 2011 Item Number: B. Department: Finance (City Secretary's Use Only) Prepared By: Finance Account Code: Date Prepared: January 13, 2011 Budgeted Amount: Revenue and Expenditure Exhibits: Monthly Report Subject Consider, and place on file, the City of Wylie Monthly Revenue and Expenditure Report for December 31, 2010. Recommendation Motion to accept and place on file, the City of Wylie Monthly Revenue and Expenditure Report for December 31, 2010. Discussion The Finance Department has prepared the attached reports for the City Council as required by the City Charter. Approved By Initial Date Department Director LB 01/13/11 City Manager MO\ I lap I 11 Page 1of1 CITY OF WYLIE MONTHLY FINANCIAL REPORT December 31,2010 ANNUAL CURRENT YTD ACTUAL • Benchmark BUDGET MONTH ACTUAL YTD ACTUAL AS A PERCENT 25.00% ACCOUNT DESCRIPTION 2010-2011 2010-2011 2010-2011 OF BUDGET GENERAL FUND REVENUE SUMMARY TAXES 16,359,668 6,251,897 6,766,983 41.36% A FRANCHISE FEES 2,260,000 7,013 26,099 1.15% B LICENSES AND PERMITS 287,030 33,554 113,443 39.52% C INTERGOVERNMENTAL REV 595,067 59,119 70,018 11.77% SERVICE FEES 2,204,000 178,065 361,790 16.42% D FINES AND FORFEITURES 548,107 20,461 79,263 14.46% E INTEREST INCOME 30,000 1,377 4,144 13.81% F MISCELLANEOUS INCOME 303,646 3,336 48,577 16.00% OTHER FINANCING SOURCES 1,252,612 0 0 0.00% G REVENUES 23 840130 6,554,822 7,470,317 31.34% USE OF FUND BALANCE 1,630,932 NA NA NA H TRANSFER FROM FLEET 742,500 TOTAL REVENUES 26,213,562 NA NA NA GENERAL FUND EXPENDITURE SUMMARY CITY COUNCIL 83,281 7,234 19,887 23.88% CITY MANAGER 787,994 50,443 180,717 22.93% CITY SECRETARY 243,827 14,578 50,791 20.83% CITY ATTORNEY 128,000 4,773 24,551 19.18% FINANCE 855,227 119,964 234,553 27.43% FACILITIES 286,800 10,130 31,010 10.81% MUNICIPAL COURT 345,488 20,757 62,444 18.07% HUMAN RESOURCES 196,051 22,639 52,128 26.59% PURCHASING 115,342 7,867 27,607 23.93% INFORMATION TECHNOLOGY 979,551 107,701 429,403 43.84% I POLICE 5,517,802 358,714 1,299,886 23.56% FIRE 5,304,604 330,185 1,249,330 23.55% ANIMAL CONTROL 277,775 15,696 63,786 22.96% PLANNING 469,045 27,593 97,084 20.70% BUILDING INSPECTION 671,287 43,608 155,208 23.12% CODE ENFORCEMENT 193,542 10,254 41,796 21.60% STREETS 1,313,233 66,980 227,851 17.35% PARKS 1,624,539 65,022 375,265 23.10% J RECREATION 207,350 180 1,177 0.57% K LIBRARY 1,178,693 78,621 247,199 20.97% COMBINED SERVICES 4,909,131 329,180 657,996 13.40% TOTAL EXPENDITURES 25,688,562 1,692,119 5,529,669 21.53% REVENUES OVER/(UNDER)EXPENDITURES 525,000 4,862,703 1,940,648 9.81% A.Property Tax Collections for FY10-11 as of December 31 are 47.70%,in comparison to FY09-10 for the same time period 62.54%. B.Franchise Fees:The majority of franchise fees are recognized in the third and fourth quarter with electric fees making up the majority. C.Licenses and Permits:Are recognized periodically,but we have seen an increase in plumbing,electrical and mechanical permits.New Dwelling Permits are on track to meet projected revenue. D.Service Fees:Trash fees are on track to meet projected revenue with the remaining fees coming from WAVE and other seasonal fees. E.Fines and Forfeitures:Municipal Court Fines are down slightly.With the addition of bailiff/warrant officer,these revenues are projected to rise. F.Interest Income: In relation to the last 12 months the current interest is in line with projections. G.Other Financing Sources consist of the Utility Fund transfer and WEDC transfer for services rendered. H.Use of Fund Balance:to supplement the Emergency Communications Tower,Debt Service,Streets and Alleys,and Municipal Complex Equpment. I. With new Municipal Complex coming online,overtime associated plus equipment purchases that were originally budgeted for in FY 2011. J.The Parks department purchased new heavy machinery such as mowers and trailers.The department should level out throughout the fiscal year. K.The majority of Recreation expenses come in the third and forth quarter that are associated with WAVE. CITY OF WYLIE MONTHLY FINANCIAL REPORT December 31,2010 ANNUAL CURRENT YTD ACTUAL Benchmark BUDGET MONTH ACTUAL YTD ACTUAL AS A PERCENT 25.00% ACCOUNT DESCRIPTION 2010-2011 2010-2011 2010-2011 OF BUDGET UTILITY FUND REVENUES SUMMARY SERVICE FEES 9,714,000 780,058 1,708,204 17.58% INTEREST INCOME 30,000 1,958 6,249 20.83% MISCELLANEOUS INCOME 35,000 2,657 7,965 22.76% OTHER FINANCING SOURCES 1,500,000 0 0 0,00% L TOTAL REVENUES 11,279,000 784,673 1,722,418 15.27% _ UTILITY FUND EXPENDITURE SUMMARY UTILITY ADMINISTRATION 317,274 19,959 103,241 32.54% UTILITIES-WATER 1,048,752 60,647 206,459 19.69% CITY ENGINEER 435,016 21.737 80,796 18.57% UTILITIES-SEWER 635,126 40,088 116,995 18.42% UTILITY BILLING 579,187 34,979 122,319 21.12% COMBINED SERVICES 8,258,495 943,481 1,558,593 18.87% TOTAL EXPENDITURES 11,273,850 1,120,891 2,188,403 19.41% REVENUES OVERI(UNDER)EXPENDITURES 5,150 -336,218 -465,985 -4.14% L.Other financing sources consist of transfer from Impact Fund into Utility Fund. Wylie City Council CITY OF WYLIE AGENDA REPORT 1 Meeting Date: January 25, 2011 Item Number: C. Department: Finance (City Secretary's Use Only) Prepared By: Finance Account Code: Date Prepared: January 13, 2011 Budgeted Amount: Exhibits: Investment Report Subject Consider, and place on file, the City of Wylie Monthly Investment Report for December 31, 2010. Recommendation Motion to accept and place on file, the City of Wylie Monthly Investment Report for December 31, 2010. Discussion The Finance Department has prepared the attached reports for the City Council as required by the City Charter. Approved By Initial Date Department Director LB 01/I3/11 City Manager (iori.............................................................................. 1 av 1) Page 1of1 it- iitt lie 2010-2011 Investment Report December 31, 2010 Money Market Accounts: MMA Certificates of Deposit: CCD Treasury Bills: T-Bills Treasury Notes: T-Notes Government Agency Notes: AN Invest. Principal Type Of Interest Purchase Maturity Number Amount Security Rate Issuer Date Date 1 $68,554,861.80 MMA 0.21% Texpool 12/31/2006 NA 2_ $4,189,995.37 CCD 0.75% Texans Credit Union 1/23/2010 1/23/2011 $72,744,857.17 Total Weighted Average Coupon: 0.24% Money Markets: $68,554,861.80 Weighted Average Maturity(Days): 21.97 Certificates of Deposits: $4,189,995.37 $72,744,857.17 Mit Wylie City Council CITY of WYLIE AGENDA REPORT Meeting Date: 1-25-11 Item Number: D. Department: WEDC (City Secretary's Use Only) Prepared By: Sam Satterwhite Account Code: Date Prepared: 1-13-11 Budgeted Amount: Exhibits: 1 Subject Consider, and place on file, the Monthly Revenue and Expense Report for the Wylie Economic Development Corporation as of December 31, 2010. Recommendation Accept, and place on file, the monthly Revenue and Expense Report for the Wylie Economic Development Corporation as of December 31, 2010. Discussion The Wylie Economic Development Corporation (WEDC) Board of Directors approved the attached financials on January 21, 2011. Approved By Initial Date Department Director SS 1-13-11 City Manager 10 !a ill Page 1 of 1 1-17-2011 04:09 PM CITY OP WYLIE PAGE: 1 BALANCE SHEET AS OF: DECEMBER 31ST, 2010 111-WYLIE ECONOMIC DEVEL CORP ACCOUNTS TITLE ASSETS 1000-10110 CLAIM ON CASH AND CASH EQUIV. 1,235,922.47 1000-10115 CASH - WEDC - INW000 0.00 1000-10135 INWOOD BANK - ESCROW 0.00 1000-10180 DEPOSITS (EARNEST MONEY) 0.00 1000-10198 OTHER - MISC CLEARING 295.26 1000-10341 TEXPOOL 0.00 1000-10343 LOGIC 0.00 1000-10481 INTEREST RECEIVABLE 0.00 1000-11511 ACCTS REC - MISC 0.00 1000-11517 ACCTS REC - SALES TAX 0.01 1000-12996 LOAN REC - JACOBY 0.00 1000-12997 ACCTS REC - JTM TECH 0.00 1000-12998 ACCTS REC - SAVAGE 361,236.86 1000-14112 INVENTORY - MATERIAL/ SUPPLY 0.00 1000-14116 INVENTORY - LAND 3,062,109.82 1000-14118 INVENTORY - BAYCO/ SANDEN BLVD 0.00 1000-14310 PREPAID EXPENSES - MISC 0.00 1000-14410 DEFERRED CHARGES 720,204.20 5,379,768.62 TOTAL ASSETS 5,370,768.62 LIABILITIES 2000-20110 FEDERAL INCOME TAX PAYABLE 0.00 2000-20111 MEDICARE PAYABLE 0.00 2000-20112 CHILD SUPPORT PAYABLE 0.00 2000-20113 CREDIT UNION PAYABLE 0.00 2000-20114 IRS LEVY PAYABLE 0.00 2000-20115 NATIONWIDE DEFERRED COMP 0.00 2000-20116 HEALTH INSUR PAY-EMPLOYEE 0.03 2000-20117 TMRS PAYABLE 0.00 2000-20118 ROTH IRA PAYABLE 0.00 2000-20119 WORKERS COMP PAYABLE 0.00 2000-20120 FICA PAYABLE 0.00 2000-20121 TEC PAYABLE 0.00 2000-20122 STUDENT LOAN LEVY PAYABLE 0.00 2000-20123 ALIMONY PAYABLE 0.00 2000-20124 BANKRUPTCY PAYABLE 0.00 2000-20125 VALIC DEFERRED COMP 0.00 2000-20126 ICMA PAYABLE 0.00 2000-20130 FLEXIBLE SPENDING ACCOUNT 2,400.00 2000-20151 ACCRUED WAGES PAYABLE. 0.00 2000-20180 ADDIT EMPLOYEE INSUE PAY 1.46 0-20199 MISC PAYROLL PAYABLE 0.00 2000-20201 AP PENDING 3,761.19 2000-20210 ACCOUNTS PAYABLE 295.26 2000-20530 PROPERTY TAXES PAYABLE 0.00 2000-20540 NOTES PAYABLE 720,204.20 2000-20810 DUE TO GENERAL FUND 0.00 1-17-2011 04:09 PM CITY OF WYLIE PAGE: 2 BALANCE SHEET AS OF: DECEMBER 31ST, 2010 111-WYLIE ECONOMIC DEVEL CORP ACCOUNT TITLE 2000-22270 DEFERRED REVENUE 262,319.66 2000-22915 RENTAL DE?OS=TS 1,800.00 TOTAL LIABILITIES 990,781.80 EQUITY 3000-34590 FUND BALANCE-UNRESERV/UNDESIG 3,877,296.71 TOTAL BEGINNING EQUITY 3,877,296.71 TOTAL REVENUE 765,026.41 TOTAL EXPENSES 253,336.30 REVENUE OVER/(UNDER) EXPENSES 511,690.11 TOTAL EQUITY & OVER/(UNDER) 4,388,986.82 TOTAL LIABILITIES, EQUITY & OVER/(UNDER) 5,379,768.62 1-13-2011 11:19 AM CITY OF WYLIE PAGEt BALANCE SHEET AS OF: DECEMBER 31ST, 2010 922-GEN LONG TERM DEBT (WEDC) ACCOUNT() TITLE ASSETS 1000-10312 GOVERNMENT NOTES 0.00 1000-18110 LOAN - WEDC 0.00 1000-18120 LOAN - BIRMINGHAM 0.00 1000-18210 AMOUNT TO BE PROVIDED 0.00 1000-18220 BIRMINGHAM LOAN 0.00 0.00 TOTAL ASSETS 0.00 LIABILITIES 2000-20310 COMPENSATED ABSENCES PAYABLE 36,069.88 2000-20311 COMP ABSENCES PAYABLE-CURRENT 2,830.57 2000-21410 AIP - GO/CO BONDS 512.10 2000-28205 WEDC LOANS - CURRENT 101,023.52 2000-28220 BIRMINGHAM LOAN 0.00 2000-28230 INWOOD LOAN 0.00 2000-28235 ANB LOAN 374,307.55 2000-28240 HUGHES LOAN 189,637.19 2000-28250 CITY OF WYLIE LOAN 0.00 2000-28260 PRIME KUTS LOAN 155,002.44 2000-28270 BOWLAND/ANDERSON LOAN 0.00 2000-28280 CAPITAL ONE CA2AD LOAN 0.00 TOTAL LIAB:LITIES 859,383.25 EQUITY 3000-34590 FUND BALANCE-UNRESERV/UNDESIG( 857,317.40) TOTAL BEG-INNING EQUITY ( 857,317.40) TOTAL REVENUE 0.00 TOTAL EXPENSES 2,065.85 REVENUE OVER/(UNDER) EXPENSES ( 2,065.85) TOTAL EQUITY 6 OVER/(UNDER) ( 859,383.25) TOTAL LIABILITIES, EQUITY 6 OVER/(UNDER) 0.00 1-17-2011 08:08 AM CITY OF WYLIE PACE; 1 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: DECEMBER 31ST, 2010 111-WYLIE ECONOMIC DEVEL CORP FINANCIAL SUMMARY CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET REVENUE SUMMARY TAXES 1,299,056.00 103,687.19 0.00 103,687.19 0.00 1,195,368.81 7.98 INTEREST INCOME 3,000.00 249.83 0.00 575.48 0.00 2,424.52 19.18 MISCELLANEOUS INCOME 87,800.00 7,100.00 0.00 660,763.74 0.00 1 572,963.74) 752.58 OTHER FINANCING SOURCES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES 1,389,856.00 111,037.02 0.00 765,026.41 0.00 624,829.59 55.04 EXPENDITURE SUMMARY DEVELOPMENT CORP-WEDC 2,106,765.00 146,465.26 0.00 253,336.30 331.89 1,853,096.81 12.04 TOTAL EXPENDITURES 2,106,765.00 146,465.26 0.00 253,336.30 331.89 1,853,096.81 12.04 REVENUE OVER/(UNDER) EXPENDITURES ( 716,909.001( 35,429,2411 0.00 511,690.11 1 331.891 ( 1,228,267.22) 71.33- 1-17-2011 08:08 AM CITY OF WYLIE PAGE: REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: DECEMBER 31ST, 2010 111-WYLIE ECONOMIC DEVEL CORP REVENUES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET TAXES 4000-40210 SALES TAX 1,299,056.00 103,687.19 0.00 103,687.19 0.00 1,195,368.81 7.98 TOTAL TAXES 1,299,056.00 103,687.19 0.00 103,687.19 0.00 1,195,368.81 7.98 INTEREST INCOME 4000-46050 CERTIFICATE OF DEPOSIT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-46110 ALLOCATED INTEREST EARNINGS 3,000.00 249.83 0.00 575.48 0.00 2,424.52 19.18 4000-46140 TEXPOOL INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-46143 LOGIC INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-46210 BANK MONEY MARKET INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL INTEREST INCOME 3,000.00 249.83 0.00 575.48 0.00 2,424.52 19.18 MISCELLANEOUS INCOME 4000-48110 RENTAL INCOME 87,800.00 7,100.00 0.00 21,300.00 0.00 66,500.00 24.26 4000-48310 RECOVERY - PRIOR YEAR EXPEN 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-48410 MISCELLANEOUS INCOME 0.00 0.00 0.00 639,463.74 0.00 ( 639,463.74) 0.00 4000-48430 GAIN ON SALE OF PROPERTY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL MISCELLANEOUS INCOME 87,800.00 7,100.00 0.00 660,763.74 0.00 ( 572,963.74) 752.58 OTHER FINANCING SOURCES 4000-49160 TRANSFER FROM GENERAL FUND 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-49325 BANK NOTE PROCEEDS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL OTHER FINANCING SOURCES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES 1,389,856.00 111,037.02 0.00 765,026.41 0.00 624,825.59 55.04 1-17-2011 08:08 AM CITY OF WYLIE PAGE: 3 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: DECEMBER 31ST, 2010 111-WYLIE ECONOMIC BEVEL CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET PERSONNEL SERVICES 5611-51110 SALARIES 166,778.00 12,832.50 0.00 39,139.12 0.00 127,638.88 23.47 5611-51130 OVERTIME 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51140 LONGEVITY PAY 960.00 0.00 0.00 964.00 0.00 ( 4.00) 100.42 5611-51145 SICK LEAVE BUYBACK 1,924.00 0.00 0.00 1,764.62 0.00 159.38 91.72 5611-51160 CERTIFICATION INCENTIVE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51170 PARAMEDIC INCENTIVE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51210 CAR ALLOWANCE 11,320.00 870.78 0.00 2,655.88 0.00 8,664.12 23.46 5611-51220 PHONE ALLOWANCE 3,456.00 265.84 0.00 810.81 0.00 2,645.19 23.46 5611-51230 CLOTHING ALLOWANCE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51310 TMRS 20,452.00 1,529,62 0.00 4,964.13 0.00 15,487.87 24.27 5611-51410 HOSPITAL & LIFE INSURANCE 24,773.00 90.56 0.00 4,959.09 0.00 19,813.91 20.02 5611-31420 LONG-TERM DISABILITY 951.00 0.00 0.00 114.66 0.00 836.34 12.06 5611-51440 FICA 11,439.00 328.37 0.00 1,075.96 0.00 10,363.04 9.41 5611-51450 MEDICARE 2,676.00 298.82 0.00 641.94 0.00 2,034.06 23.99 5611-51470 WORKERS COMP PREMIUM 604.00 0.00 0.00 604.00 0.00 0.00 100.00 5611-51480 UNEMPLOYMENT COM? (TWC) 540.00 0.00 0.00 0.00 0.00 540.00 0.00 TOTAL PERSONNEL SERVICES 245,873.00 16,216.49 0.00 57,694.21 0.00 188,178.79 23.47 SUPPLIES 5611-52010 OFFICE SUPPLIES 14,200.00 475.35 0.00 9,427.70 0.00 4,772.30 66.39 5611-52040 POSTAGE & FREIGHT 1,220.00 114.65 0.00 134.92 0.00 1,085.08 11.06 5611-52130 TOOLS/ EQUIP - UNDER $100 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-52810 FOOD SUPPLIES 3,600.00 330.56 0.00 595.63 0.00 3,004.37 16.55 5611-52990 OTHER 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL SUPPLIES 19,020.00 920.56 0.00 10,158.25 0.00 8,861.75 53.41 MATERIALS FOR MAINTENANC 5611-54630 TOOLS & EQUIPMENT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-54810 COMPUTER HARD/SOFTWARE 2,000.00 996.81 0.00 996.81 0.00 1,003.19 49.84 5611-54990 OTHER 20,000.00 2,588.00 0.00 2,588.00 0.00 17,412.00 12.94 TOTAL MATERIALS FOR MAINTENANC 22,000.00 3,584.81 0.00 3,584.81 0.00 18,415.19 16.29 CONTRACTUAL SERVICES 5611-56030 INCENTIVES 796,888.00 0.00 0.00 0.00 0.00 796,888.00 0.00 5611-56040 SPECIAL SERVICES 25,845.00 1,559.74 0.00 8,899.74 120.00 16,825.26 34.90 5611-56080 ADVERTISING 48,750.00 1,585.00 0.00 2,450.00 0.00 46,340.00 5.02 5611-56090 COMMUNITY DEVELOPMENT 38,715.00 61.68 0.00 12,059.68 0.00 26,655.32 31.15 5611-56110 COMMUNICATIONS 3,140.00 247.45 0.00 658.12 0.00 2,481.88 20.96 5611-56180 RENTAL 27,000.00 6,374.02 0.00 8,887.66 0.00 18,1/2.34 32.92 5611-56210 TRAVEL & TRAINING 40,677.00 81.22 0.00 175.51 0.00 40,502.49 0.43 5611-56250 DUES & SUBSCRIPTIONS 7,813.00 0.00 0.00 1,500.00 0.00 6,313.00 19.20 5611-56310 INSURANCE 303.00 0.00 0.00 0.00 0.00 303.00 0.00 5611-56510 AUDIT & LEGAL SERVICES 12,600.00 3,172.50 0.00 6,347.50 0.00 6,252.50 50.38 5611-56570 ENGINEERING/ARCHITECTURAL 12,500.00 348.00 0.00 7,148.00 0.00 5,352.00 57.18 5611-56610 UTILITIES-ELECTRIC 4,800.00 9.20 0.00 384.83 211.89 4,203.28 12.43 TOTAL CONTRACTUAL SERVICES 1,019,071.00 13,438.81 0.00 48,511.04 331.89 970,228.07 4.79 1-17-2011 08:08 AM CITY OF WYLIE PAGE: 4 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: DECEMBER 31ST, 2010 111-WYLIE ECONOMIC DEVEL CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET I OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET DEBT SERVICE & CA?. REPL 5611-57110 DEBT SERVICE-BOND DEBT 231,968.00 14,769.11 0.00 35,852.51 0.00 196,115.49 15.46 5611-57710 BAD DEBT EXPENSE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL DEBT SERVICE & CAP. REPL 231,968.00 14,769.11 0.00 35,852.51 0.00 196,115.49 15.46 CAPITAL OUTLAY 5611-58110 LAND-PURCHASE PRICE 553,333.00 275,064.65 0.00 275,064.65 0.00 278,268.35 49.71 5611-58120 DEVELOPMENT FEES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-58210 STREETS S. ALLEYS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-58810 COMPUTER HARD/SOFTWARE 500.00 0.00 0.00 0.00 0.00 500.00 0.00 5611-58830 FURNITURE & FIXTURES 10,000.00 8,732.00 0.00 8,732.00 0.00 1,268.00 87.32 5611-58910 BUILDINGS 0.00 39,253.48 0.00 39,253.48 0.00 ( 39,253.48) 0.00 5611-58995 CONTRA CAPITAL OUTLAY 0.00 ( 225,514.65} 0.00 ( 225,514.65) 0.00 225,514.65 0.00 TOTAL CAPITAL OUTLAY 563,833.00 97,535.48 0.00 97,535.48 0.00 466,297.52 17.30 OTHER FINANCING (USES) 5611-59111 TRANSFER TO GENERAL FUND 5,000.00 0.00 0.00 0.00 0.00 5,000.00 0.00 5611-59190 TRANSFER TO THORUGHFARE IN? 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-59990 PROJECT ACCOUNTING 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL OTHER FINANCING (USES) 5,000.00 0.00 0.00 0.00 0.00 5,000.00 0.00 TOTAL DEVELOPMENT CORP-WEDC 2,106,765.00 146,465.26 0.00 253,336.30 331.89 1,853,096.81 12.04 TOTAL EXPENDITURES 2,106,765.00 146,465.26 0.00 253,336.30 331.89 1,853,096.81 12.04 REVENUE OVER (UNDER) EXPENDITURES ( 716,909.00) ( 35,428.240 0.00 511,690.11 ( 331.89) ( 1,228,267.22) 71.3".1- •• END OF REPORT "RR Wylie Economic Development Corporation Balance Sheet Sub ledger December 31, 2010 Notes Payable Date of Rate of Purchase Payment Beginning Bal. Principal Interest Interest Principal Balance November 30, 2010 $830,971.62 Hughes(#53 of 120) 7/25/06 3,774.70 217,140.51 2,688.99 1,085.70 6.00 214,451.52 Prime Kuts(#38 of 120) 10/8/07 2,539.59 172,172.55 1,678.73 860.86 6.00 170,493.82 ANBTX (#2ofso) 10/28/10 8454.82 441,658.56 6,632.98 1,821.84 4.95 435,025.58 December 31, 2010 11,000.70 $3,768.40 $819,970.92 Note: Principal and Interest payments vary by date of payment. Wylie Economic Development Corporation Balance Sheet Subledger December 31, 2010 Inventory- Land Date of Pur. Address Acreage Improvements(sq.ft.) Cost Basis McMasters 7/12/05 709 Cooper 0.48 n/a 202,045.00 Heath 12/28/05 706 Cooper 0.46 3,625 186,934.22 Perry 9/13/06 707 Cooper 0.491 n/a 200,224.00 Bowland/Anderson 10/9/07 Cooper Dr. 0.372 n/a 106,418.50 KCS 8/1/08 Cooper Dr. 0.406 n/a 60,207.87 Hughes 7/25/06 211 -212 Industrial 0.74 10,000 420,361.21 R.O.W. 0.18 41,585.26 Prime Kuts 10/8/07 207 Industrial 0.20 4,550 229,284.00 R.O.W. 0.11 n/a 77,380.45 Cazad 3/17/08 210 Industrial 0.27 3,900 200,781.55 Ferrell 9/29/05 2806 F.M. 544 1.09 n/a 239,372.00 Sale of R.O.W. 2/14/07 -0.09 -20,094.48 Crossroads 6/12/09 2804 F.M. 544 0.44 4,750 171,842.02 Regency Pk. 6/4/10 25 Steel Road 0.65 n/a 25,170.77 Premier Plaza 8/26/05 Martinez Lane 25.00 n/a 639,000.00 Sale to Savage 5/28/08 -3.87 -98,917.20 SAF-Holland 12/14/10 Martinez Lane 1.33 n/a 225,514.65 Premier Industrial Park 7/12/07 Hensley 3.2 n/a 155,000.00 Total 31.45 3,062,109.82 *A Journal entry was made by auditors to adjust the cost of the Hughes land by$4,638.79. This amount was for taxes owed and therefore not part of the land value. *Prime Kuts total purchase price was$306,664.45.The distribution between 207 Industrial and R.O.W. purchased was developed by Seller for tax purposes. WYLIE ECONOMIC DEVELOPMENT CORPORATION SALES TAX REVENUE FOR THE MONTH OF JANUARY 2011 MONTH WEDC WEDC WEDC DIFF % DIFF 2009 2010 2011 10 VS 11 10 VS 11 DECEMBER $90,500 $81,014 $103,687 $22,673 27.99% JANUARY 101,531 91,593 100,999 9,406 10.27% FEBRUARY 145,246 153,281 MARCH 87,584 89,717 APRIL 86,040 89,119 MAY 130,966 144,953 JUNE 94,993 111,174 JULY 95,282 99,065 AUGUST 117,541 144,373 SEPTEMBER 104,015 98,102 OCTOBER 100,312 96,010 NOVEMBER 144,326 145,337 Sub-Total $1,298,336 $1,343,739 $204,686 $32,079 18.59% AUDIT ADJ TOTAL $1,298,336 $1,343,739 $204,686 $32,079 18.59% WEDC SALES TAX ANALYSIS $180.000 rvW . $160,000 I $140,000 �. . „ �� 0 )I y $120,000 ��. m -a ,,, � p� ,.�..�_ �11 ,, $100,000 .. .., 9. f .a.,, ,j i 11 ,,,,,, V' 1 1 #, I l �w 02010 , $80,000 � R( 1 6 c ! d1 ■2011 1 1 1 l' '11 1 1 '' r' Ill,, ' )4, 1,: 1 ; $40,000q f u ; 3 i'aCd iQ yy�� pp $a "1 Ill it d r' ! 1 „f N g ' .§ I 1 C �+ y E 2 Ec g ¢ - 4 ' EN N o 01 E 0 1 ¢ a O Z Wylie City Council CIT_7_4( Y OF WYLIE AGENDA REPORT Meeting Date: January 25, 2011 Item Number: E. Department: Planning (City Secretary's Use Only) Prepared By: Renae' 011ie Account Code: Date Prepared: January 19, 2011 Budgeted Amount: Exhibits: l Subject Consider, and act upon, approval of a Final Plat for Birmingham Elementary School, Block A, Lot 1 on 14.749 gross acres, generally located north of W. Brown Street and approximately 704 feet east of Westgate Way (700 W. Brown Street). Recommendation Motion to approve a Final Plat for Birmingham Elementary School; Block A, Lot 1 on 14.749 gross acres, generally located north of W. Brown Street and approximately 704 feet east of Westgate Way (700 W. Brown Street). Discussion The applicant is providing a plat of record for the existing elementary school. in addition, this plat will dedicate the necessary rights-of-way for Brown Street improvements and reflect & dedicate utility, fire lane and access easements. This Final Plat complies with all applicable technical requirements of the City of Wylie. Planning Commission voted 6-0 to recommend approval of the Final Plat. Approved By _ Initial Date Department Director yyRIOM 01/19/2011 City Manager f 1 Page 1 of 1 R'grSt Drive - - - ff 77g a 2T ' £\ _ -i t f ,,. _ Fes.-._,_. :7,,_:, :=g= il 1 . 9------- P&Z APPROVED 01/181/1 _� _ .� g- £ BIRMINGHAM 4 ELEMENTARY SCHOOL s B - ' \P 14.74E Acres Situated In The D. W. WIWAMS SURVEY -- - - NN ABSTRACT No. 1021 WYLIE, COWS COUNTr. _ r 2 ' s s 1 EP,A10, - =ate ite Wylie City Council CITY REPORT ITY OF WYLIE Meeting Date: January 25, 2011 Item Number: F. Department: Planning (City Secretary's Use Only) Prepared By: Renae' 011ie Account Code: Date Prepared: January 19, 2011 Budgeted Amount: Exhibits: 1C Subject Consider, and act upon, approval of a Final Plat for Hartman Elementary School, Block A, Lot 1 on 8.201 gross acres, generally located north of W. Kirby Street and east of S. Birmingham Street (501 S. Birmingham Street). Recommendation Motion to approve a Final Plat for Hartman EIementary School, Block A, Lot 1 on 8.201 gross acres, generally located north of W. Kirby Street and east of S. Birmingham Street (501 S. Birmingham Street). Discussion The applicant is providing a plat of record for the existing elementary school. In addition, this plat will dedicate the fire lane and access easements. This Final Plat complies with all applicable technical requirements of the City of Wylie. Planning Commission voted 6-0 to recommend approval of the Final Plat. Approved By Initial Date Department Director RO 01/19/2011 City Manager t !r 1 jao/i Page 1 of 1 3 _, ems, g. kg j 3 r: _s-i,'' i _a= s HARTMAN Amb • _ MHNTARY SCHOOL .-. v, -esme;sWNISSe COLON COUNTS', iNXAS a - - _ - -ten Wylie City Council CITY OF WYLIE AGENDA REPORT Meeting Date: January 25, 2011 Item Number: G. Department: Planning ( tty Secretary's Use Only) Prepared By: Renae' 011ie Account Code: Date Prepared: January 19, 2011 Budgeted Amount: Exhibits: 1 Subject Consider, and act upon, approval of a Final Plat for Waterbrook Bible Fellowship, a Worship Facility located on 4.613 acres at 507 Thomas Street. Recommendation Motion to approve a Final Plat for Waterbrook Bible Fellowship, a Worship Facility located on 4.613 acres at 507 Thomas Street. Discussion The applicant is developing a single story commercial style building of 7,533 square feet on the 4.62 acre lot for use as a House of Worship in a SF-10/24 zoning district. A Site Plan for this development was approved by the Commission in August of 2010 with a Preliminary Plat approved by City Council, also in August 2010. The Final Plat differs slightly from the Preliminary Plat due to a change in the right-of-way easement. The Final Plat proposes to extend the easement to the east and move the southern access point to the southeastern edge of the property. The Preliminary Plat was approved with the access point located near the center of the southern edge of the property which faces Lanny Earl Hale Street. The City Engineer and Fire Marshal have reviewed this change and provided no comments or objections. The Final Plat complies with all applicable technical requirements of the City of Wylie. Planning Commission voted 6-0 to recommend approval of the Final Plat. Approved By Initial Date Department Director RO 01/19/2011 City Manager f I 1 /Q() )11 Page 1 of 1 i . 3 POINT OF as,7T'' ,.,,.,_ �....^�.. s BEGINNING ZN TN n-nn. ' 7 _ - - „ _ ——— . ——— — _,S 88'�Sb2"E 2C6.75' t_—— S 8842'W E 288.19' - . .€_ -8, - - -ems: c _ „, F- _ . .,.. ,,,..-. ,.€, a - E- 3 _ _ — .- a -� €'-� _�. .aa.-.< E-ayro» x-> -r -ems% € z £, ALLL:Y ATTEBERY SURVEY A-23 LOT 1, BLOCK - - i€.=awn.s1-rv/e. r. `L _ N ego N W - 1 = _- € .- a �s , � -ZO E H t 7 d. 24. - _ - - _ - ---_.._�.- . ,-� U. e awam a,-�.n. -- N 8915.35"141 I, .3.. �.� _ _ .�. �.,_ P&Z APPROVED - _ LE xu . : FELLOWSHIP ADDITION 01 [ 4�"`` ... - x € a '4 F t.�fi fi t T `-`CINITY NM ,.. cu- x L:r -_: € _..... ,.. ,�, a. .. to Wylie City Council CITY OF WYLIE AGENDA REPORT Meeting Date: January 25, 2011 item Number: H. Department: Planning (City Secretary's Use Only) Prepared By: Renae' 011ie Account Code: Date Prepared: January 13, 2011 Budgeted Amount: S Exhibits: One Subject Consider, and act upon, Ordinance No. 2011-02, amending Zoning Ordinance 2006-04, Article 5, Section 5.1.J (Accessory Uses); allowing for and providing certain safeguards relating to Home Occupations. ZC2010-04 Recommendation Motion to approve Ordinance No. 2011-02 amending Zoning Ordinance 2006-04, Article 5, Section 5.1.J (Accessory Uses); allowing for and providing certain safeguards relating to Home Occupations. ZC2010-04 Discussion At its January 11, 2011 meeting the Council asked in regards to In-home daycares if Human Resources Code Chapter 42 referenced traffic in residential neighborhoods, it does not. Staff re-visited the Code to confirm, and there is no reference as to traffic congestion generated from In-Home Daycares. However, the Code has provisions for filing complaints and states that the department may call on political subdivisions and government agencies for assistance within their authorized fields, in addition to allowing local authorities to inspect such facilities. To amend, supplement, or change the regulations provided in the Zoning Ordinance requires passage of an Ordinance making the appropriate amendments; and providing a penalty clause, a repeal clause, a savings clause, a severability clause, and an effective date. The amendment is to put in place certain safeguards as it relates to Home Occupations. Zoning Ordinance 2006-04, Article 5, Section 5.1.J (Accessory Uses), of the Comprehensive Zoning Ordinance of the City, as amended herein by the granting of this Ordinance. Approved By Initial Date Department Director RO 01/13/11 City Manager AI All fro( ii Page 1 of 1 ORDINANCE NO. 2011-02 AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, AMENDING ZONING ORDINANCE 2006-04, ARTICLE 5, SECTION 5.1J (ACCESSORY USES), OF THE WYLIE COMPREHENSIVE ZONING ORDINANCE; ALLOWING FOR AND PROVIDING CERTAIN SAFEGUARDS RELATING TO HOME OCCUPATIONS; PROVIDING FOR A PENALTY FOR THE VIOLATION OF THIS ORDINANCE; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the City Council of the City of Wylie, Texas ("City Council") has investigated and determined that it would be advantageous and beneficial to the citizens of the City of Wylie, Texas ("Wylie") to amend Zoning Ordinance No. 2006-04, Article 5, Section 5.1.J (Accessory Uses). NOW, THEREFORE BE IT, ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1: Findings Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2: Amendment to Zoning Ordinance No. 2006-04, Article 5 The City of Wylie's Comprehensive Zoning Ordinance No. 2006-04, Article 5, Section 5.1.J (Accessory uses), is hereby amended to read as follows: ARTICLE 5 USE REGULATIONS SECTION 5.2 LISTED USES J. Accessory Uses 9. Home Occupation a. Definition: Home occupation means an occupation that is incidental to the primary use of the premises as a residence and conducted on the residential premises by a resident of the premises. b. Permitted Districts: See Land Use Charts in Section 5.1. c. Required Parking: None, other than required for the primary structure. d. Required Loading: None e. Additional Provisions: Ordinance 2011-02 Home Occupation ZC2010-04 Amendment of Ordinance 2006-04 All permitted districts: (1) On-premise advertisements, signs or displays are prohibited. (2) The appearance of the structure shall not be altered, nor shall the occupation within the dwellings be conducted in a manner which would cause the premises to differ from its residential character either by the use of colors, materials, construction, lighting, or by signs, or the emission of sounds, noises, dust, odors, fumes, smoke, or vibrations. (3) There shall be no more than two(2)employees who do not reside on the premises. (4) Pedestrian and vehicular traffic will be limited to that normally associated with residential districts. (5) There shall be no outdoor storage of materials or equipment. There shall be no visible merchandise from outside the dwelling. (6) The use of utilities shall be limited to that normally associated with the use of the property for residential purposes. (7) There shall be no use or storage of mechanical equipment not recognized as being part of normal household or hobby use. (8) A property owner may seek a variance to this ordinance in accordance with Article 8, Section 8.4 Zoning Board of Adjustment. (9) As defined by the Human Resource Code, Chapter 42 an "In-home Day Care" or a "Family home" that is certified, listed or registered with the State of Texas is exempt from this Ordinance, and governed by the rules and regulations of the State of Texas. SECTION 3: Savings/Repealing Clause: Wylie's Comprehensive Zoning Ordinance No. 2006-04, as amended, shall remain in full force and effect, save and except as amended by this or any other Ordinance. All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed ordinance, nor shall the repeal prevent a prosecution from being commenced for any violation if occurring prior to the repeal of the ordinance. Any remaining portions of said ordinance shall remain in full force and effect. SECTION 4: Severability: Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Wylie hereby declares that it would have passed this Ordinance, and each section, subsection, clause or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses and phrases be declared unconstitutional or invalid. Ordinance 2011-02 Home Occupation ZC2010-04 Amendment of Ordinance 2006-04 SECTION 5: Penalty Provision: Any person, firm, corporation or entity violating this Ordinance or any provision of Wylie's Comprehensive Zoning Ordinance No. 2006-04, as amended, shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be fined a sum not exceeding Five Hundred Dollars ($500.00). Each continuing day's violation under this Ordinance shall constitute a separate offense. The penal provisions imposed under this Ordinance shall not preclude Wylie from filing suit to enjoin the violation. Wylie retains all legal rights and remedies available to it pursuant to local, state and federal law. SECTION 6: Effective Date: This Ordinance shall become effective from and after its adoption and publication as required by law the City Charter and by law. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, this 25th day of January, 2011. Eric Hogue, Mayor ATTEST: Carole Ehrlich, City Secretary DATE OF PUBLICATION: Wednesday, February 2nd, 2011. Ordinance 201 1-02 Home Occupation ZC2010-04 Amendment of Ordinance 2006-04 Wylie City Council CITY OF WYLIE AGENDA REPORT Meeting Date: January 25, 2011 item Number: 1. Department: Engineering (City Secretary's Use Only) Prepared By: Chris Hoisted Account Code: N/A Date Prepared: 01/11/11 Budgeted Amount: N/A Exhibits: Ordinance Subject Consider, and act upon, Ordinance No. 2011-03 establishing speed zones for FM 2514 (Ballard Ave) from Brown Street to SH 78. Recommendation Motion to approve the Ordinance No. 2011-03 establishing speed zones for FM 2514 (Ballard Ave) from Brown Street to SH 78. Discussion Business owners in the downtown area have expressed a concern over the speed of the vehicles traveling on Ballard Ave from Brown Street to SH 78. On June 1, 2010 the City submitted a speed zone study to TxDOT for this portion of roadway. The study recommended the speed be reduced to 25 miles per hour. On December 22, 2010 we received correspondence from TxDOT approving the request (copy attached). If the ordinance is approved, it will be forwarded to TxDOT and they will furnish and install the necessary signs without cost to the City. Staff has also discussed transferring ownership of this portion of Ballard Ave to the City. While a formal request has not been made to TxDOT, they have indicated that they would be in favor of the request. Approved By Initial Date Department Director CH Ill l/11 City Manager 111-61 Page 1of1 ORDINANCE NO. 2011-03 AN ORDINANCE OF THE CITY OF WYLIE,TEXAS ESTABLISHING THE MAXIMUM SPEED LIMITS ON FM 2514 PROCEEDING FROM BROWN STREET TO SH 78,WITH SUCH STREET BEING LOCATED IN THE CITY OF WYLIE, TEXAS, COLLIN COUNTY, TEXAS; PROVIDING FOR NOTIFICATION OF THE MAXIMUM SPEED LIMIT BY THE INSTALLATION OF SIGNS AND MARKERS TO REGULATE VEHICULAR SPEED ON THE DESIGNATED STREET; PROVIDING FOR A PENALTY FOR THE VIOLATION OF THIS ORDINANCE; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, Section 545.356 of the Texas Transportation Code provides that whenever the governing body of the municipality shall determine upon the basis of an engineering and traffic investigation that any prima facie speed therein set forth is greater or less than is reasonable or prudent under the conditions found to exist at any intersection or other place or upon any part of a street or highway within the City of Wylie,Texas,taking into consideration the width and condition of the pavement and other circumstances on such portion of said street or highway, as well as the usual traffic thereon,said governing body may determine and declare a reasonable and prudent prima facie speed limit thereon by the passage of an ordinance,which shall be effective when appropriate signs giving notice thereof are erected at such intersection or other place or part of the street or highway; and WHEREAS,the City Council of the City of Wylie,Texas("Wylie") finds it is necessary for the protection and safety for the citizens of Wylie to declare a reasonable and prudent speed for FM 2514 proceeding from Brown Street to SH 78. NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1: Findings Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2: Establishment of Prima Facie Speed. Upon basis of an engineering and traffic investigation heretofore made, and as authorized by the provisions of §545.356 of the Texas Transportation Code, the prima facie speed limit(s) for FM 2514 proceeding from Brown Street to SH 78 is hereby set at a maximum of 25 miles per hour as shown on the attached speed study. SECTION 3: Placement of Signs. The City Manager or his/her designated representative is hereby authorized and directed to cause the placement of signs on FM 2514 proceeding from Brown Page 1 Ordinance 2011-03 Speed Zone FM Ballard from Brown Street Street to SH 78 indicating the maximum speed allowed. The signs shall be placed at the most advantageous points to be conspicuous to approaching vehicular traffic. The sign shall be permanently affixed to a stationery post or installed on permanent buildings or walls or as approved by the City Manager or his/her designated representative. The sign shall in no way be obstructed from view, and shall comply with applicable state laws. SECTION 4: Savings/Repealing Clause. All provisions of any ordinance in conflict with this Ordinance are hereby repealed to the extent they are in conflict;but such repeal shall not abate any pending prosecution for violation of the repealed ordinance, nor shall the repeal prevent a prosecution from being commenced for any violation if occurring prior to the repeal of the ordinance. Any remaining portions of said ordinances shall remain in full force and effect. SECTION 5: Severability. Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Wylie hereby declares that it would have passed this Ordinance, and each section, subsection, clause or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses and phrases be declared unconstitutional or invalid. SECTION 6: Penalty Provision. Any person violating this Ordinance shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be fined a sum of not less than One Dollar ($1.00) nor more than Two Hundred Dollars ($200.00). Wylie retains all legal rights and remedies available to it pursuant to local, state and federal law. SECTION 7: Effective Date. This Ordinance shall be effective upon its passage and publication as required by law. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, on this 25th day of January, 2011. ERIC HOGUE, Mayor ATTESTED AND CORRECTLY RECORDED: Carole Ehrlich, City Secretary Date of Publication:Wednesday, February 7"d 2011 Page 2 Ordinance 2011-03 Speed Zone FM Ballard from Brown Street FM 2514 WYLIE ...Liar R010EnFLL J liNNT61 aLLsds +a.sosr 1.IEI nw.Es s .1• 1 20 EMS MTN.MEIN I 0.1lW�.- 110M 116Tee 1.1131 rma`PLESS NUM AT.Eeas T.E[M ss..ae o a1. ate ajo ojo o.1* ale at ara of '.t 014 w� m.Tw eo 07644,4 440 1 B 4. 8 8 8 8 8 ii B ... 6 S S a d 4 E •10. 1© UM 13M f CIIIIIIIi. .. jerts aqc od�ysvMa.14 i AM�V r u.weso..UEq .. 1fTSKf ,. IICKSSONENT DISTRIGTe DALLAS COIMITI Dallas mom en e r i XIGX•►Ye FM'j$I0 C1TY. WYLIE ■I�E.I..ESETQS' Ca r ; \b."��i WI OF ENtlre 00#E0/0 ECLLE 1_--0.e......ES J ` If Ir' - -----• W ..— '11.1MOSnF EEr •• EDF?C;\jl. SPEED ZONE e Ere mTer'r r rn Ea.eEEsa�r,MMEo ='( ..,- _ LIMITS OF ZONE �" '""�"Of Ci"`E"s`�' �p�'".•' *_.+ corn'.OHO SEC. 46 swum at LENGTH ss IFILES SECTION WS LENGTH MILE • MU et0pprt //1r: `y1� Erti a w.. .00 INF.QCT STa.a ay. a•ef.we*p maw O NINSCNNl WAIT NECHENs s Y` •-•••*=�! '—P• Haws • e r IEEeeq _ • j 1.......r ' O+aaury oM.Ee.xNEps ; FEuC1A R..^+p{if T-I►'+� 'rdTrw�.+pm Jsr`a N.N. Lmr.M81Eu. HAFT srn.w w.. 1caMs.a•UECr.1 .OWEn —nssass s nr.T li • y SPEED STUDY Hm fir e e ow, I - I e e n caw r wr {DtDiS '14011 OXLIP COURT q e..`Na e.. s or -'1'�1 --=x�'ZIEiZ�'0 lb foie„Gal '-` -. 3 'S lj � iry aril/m. J //•,. 1,lip%,pi%% r �. i p/i Nq �„��„ ,� o�// �� 01 �r flrJf/�111 December 22, 2010 Control: 2679-03 Highway: FM 2514 County: Collin Mr. Chris Hoisted, P.E. City Engineer City of Wylie 949 Hensley Lane Wylie, Texas 75098 Subject: Speed Zones Dear Mr. Hoisted: Attached for your information and further handling is a computer printout of the speed zone study on FM 2514 from Brown St to SH 78 in the City of Wylie. We believe the recommended speeds will correspond closely to the speeds at which the normal and prudent driver will drive under the existing conditions. Also included is a sample speed zone ordinance that might serve as a guide in the preparation of your speed zone ordinance. We will also furnish and install the necessary signs at the proper locations upon receipt of the signed ordinance from the City of Wylie establishing the new speed limits. Please contact our office within 30 days of receipt to notify us of your concurrence or concerns with this study. if the attached strip map matches a current ordinance, please notify our office of this as well. If we may be of further assistance, please feel free to contact Ms. Roxanne Cortez, P.E. at the above address or by telephone at 214-320-6621. Sincerely, ,4, Melanie B. Yon .t::::.g. ., District Transp 'rtation Operations Engineer Attachments 3030 1 RIFREEWAY SUITE 1660 0 ,a, :.TEXAS 75234 r 48- r r B -•..E OF TF 11 r L FREE SEW • =.rs.! j 't* r eHR�STppyER,t ..........I �....:--•- .... ... PIERS ��$ .9�541 . i �nrai:..-G` May 19,2010 '` "'`'e 41) Mr. Chris Hoisted,P.E. City of Wylie 949 Hensley Lane Wylie,Texas 75098 Re: Speed Zoning Study along Ballard Avenue between SH 78 and Brown Street(FM 3412) Dear Mr.Hoisted: Lee Engineering has conducted an analysis of vehicular speeds along Ballard Avenue (FM 2514) between SH 78 and Brown Street (FM 3412)within the City of Wylie. This letter report presents the results of our study. Ballard Avenue (FM 2514) is designated as a primary, four-lane, divided arterial (P4D) based on the City of Wylie thoroughfare map dated July 2004. Ballard Avenue (FM 2514) is currently a striped, two-lane, undivided roadway in the study area with on street parking on both sides of Ballard Avenue (FM 2514) located in the City of Wylie's "old downtown"area. The northbound posted speed limit on Ballard Avenue(FM 2514)is 35 miles per hour beginning south of College Street and extending north to Brown Street (FM 3412), The southbound posted speed limit is 30 miles per hour beginning at Jefferson Street. The total study area is approximately 0.25 miles in length. SPEED DATA A spot speed study was performed along Ballard Avenue (FM 2514) within the existing 30 mph speed zone. Lee Engineering operated two spot speed check stations for each travel direction. The date, time, and location of spot speed check stations along Ballard Avenue(FM 2514)are presented in Table 1. Ballard Avenue(FM 2514)Speed Study May 2010 Table 1:Spot Speed Check Locations—Ballard Avenue(FM 2514) SITE A—South of Jefferson Date Start Stop Existing Location Site# Time Time Limit 5/4/10 9:00 11:00 30 SB 50 feet south of Jefferson 1 5/4/10 9:00 11:00 30 NB 50 feet south of Jefferson 2 SITE B—North of Oak Street Date Start Stop Existing Location Site# Time Time Limit 5/4110 13:00 15:00 30 SB 50 feet N of Oak St 3 5/4/10 13:00 15:00 30 NB 50 feet N of Oak St 4 Spot speeds on Ballard Avenue (FM 2514) were measured using a handheld LIDAR speed measurement device and speed data were recorded at each location until either two hours of data collection was performed or 125 vehicles were counted whichever came first. Only free- flowing vehicle speeds were measured, and all measurements were performed during daylight and good weather. Table 2 presents the spot speed results for each check station. Data sheets for each study site are attached to this letter. Table 2: Spot Speed Study Results Ballard Avenue(FM 2514) Site Total 85th 50" Location Vehicles Percentile Percentile 1 147 28 24 Brown St(FM 3412)to Marble St - 2 109 27 23 3 102 28 23 Marble St to SH 78 4 109 26 22 TxDOT Procedures for Establishing Speed Zones indicate that the speed limit for a section of roadway is typically set based upon the 85th percentile spot speed rounded to the nearest 5 mph increment. For instance,a speed limit established based on Site 4's 85th percentile speed would likely be 25 mph. Other factors such as geometric constraints, driveway density, development density, and crash history can be used to establish a speed zone at a speed lower than the rounded 85th percentile value. 2 Ballard Avenue(FM 2514)Speed Study May 2010 TRAFFIC VOLUMES Twenty-four hour traffic volume counts and speed data were collected on Ballard Avenue (FM 2514) between Jefferson Street and the existing Fina Gas Station driveway on Thursday, April 29,2010. Based on this data,Table 3 shows the traffic count volume. Table 3: Ballard Avenue(FM 2514)Traffic Volumes Location Direction Volume Ballard Ave(FM 2514) SB 3,380 Ballard Ave(FM 2514) NB 2,788 Using the 24 hour automated speed data, a graph of the average speed every 15 minutes throughout a typical day was developed for the data collection station along Ballard Avenue (FM 2514). Figure 1 shows the results of this data. As can be seen in the graph, the average speed is between 20 mph and 25 mph throughout a typical day. During the lower volume overnight hours, higher average speeds are seen. The raw traffic data is provided in the appendix. Figure 1: Ballard Avenue Speed Study Results 55A' �, .. l 454 1u G 1 I 1 ^ 135.0 � 254 y, 1pi-- rII 1. � flI :�y h , ` 1, I 0 el �IP'4MA� ';""' ...,.. .... ( .,�„� r� ..1 p"�h �,tl ��t. , �N'l� .,'rb^� "0. - H� j� ^��ip�a� , ., ,. 4 � w u f sw�uma„na 115R if ' 5�gRaFrFR $ R8RilliliR $ RPRARg ; IIR ; RRR ; ; ; RIRR $ R $ R $ R VVssB8e88eass88eizaar. rwuSSgg68a388880018aBRte7- � 3 Ballard Avenue(FM 2514)Speed Study May 2010 CRASH ANALYSIS Crash data were provided by the City of Wylie Police Department for crashes that occurred during the previous twelve (12) months (May 2009 —April 2010). Table 4 summarizes this data. Table 4: Crash Summary DATE CRASH ID CAUSE 06/18/09 09013133 Unsafe u-turn 08/15/09 09017918 Parked vehicle backed into travel lane 10/08/09 09022080 Right angle 11/15/09 09024667 Failure to yield 01/27/10 10001685 Parked vehicle backed into travel lane According to the police reports, five crashes occurred along Ballard Avenue (FM 2514) within the study area. No reported crashes listed excessive speed as a contributing factor to the crash CONCLUSION The spot speed data collected indicates that the 85th percentile speed is between 26 and 28 mph for this study area roadway. According to the TxDOT Procedures for Establishing Speed Zones, additional roadway factors such as narrow roadway,high driveway density,etc. could contribute to reducing the posted speed limit to as much as 10 mph below the 85th percentile speed. Ballard Avenue (FM 2514) is a dense, downtown area with multiple driveways and on street parking. In addition, the study area is within City of Wylie's "old downtown" area and has undergone recent revitalization with retail shops and increased pedestrian traffic. Because Ballard Avenue (FM 2514) has pedestrian traffic, is an undivided roadway with on street parking, and has a reported history of crashes resulting from parked vehicles backing into travel lanes, Lee Engineering recommends posting a 25 mph speed limit on Ballard Avenue (FM 2514) between SH 78 and Brown Street for the northbound and southbound directions. Since over half of the existing vehicles are already traveling at 25 miles per hour or less, this new speed limit is not expected to have a significant impact the characteristics of the traffic. Lee Engineering recommends an additional study be performed to determine if additional measures could be installed to improve pedestrian safety in the downtown area. If you have any questions about this letter, please feel free to call me at your convenience at 972-248-3006. Sincerely, hristophe ierce,P.E., PTOE Project Engineer Lee Engineering,LLC,Firm Registration Number F-450 4 IWO 11111 °,,,, , ,,, RADAR MOTOR VEHICLE SPEED Form 1882(rev.10/27/2003) Field Tally Sheet Date:S-4-ic County: CoLu Hwy: /BAL.1.-4-2, Qy& Location: Si►u. .c F Q'41C. ' Tune:(from) I '.1)t) t?.ri to) Weather: DEAR Surface Type: ASTn k ALT Surface Condition:OWet or%■ry 1 04$mooth or°Rough AUTOMOBILES TRUCKS&BUSSES IaBve OMOBILative Direction:MQt31 Direction: Direction: A M.P,H. �" Cumu Cumu- � Tl 8t?Ji ".. Total b ' Q°" Total M.P.H. 7 �5 � . ,.. . ..... .....�....,. _�. >75 74 J - 73 72 ,,."........71.. o 0' , - I w..,... l 7068 m( -0• 7' 67 " q � 66 5r 65 "I "�.I ��. a 64 63 +H 62 ti L 81 . °i Old 60 59 58 174fi 57 i 146ir 56 55 7 � � 54 kI 1 53 3Z eY 1 I 52 31 51 V50' 1 IIN 50 G � 49 .... 47 46 2. �b- _ . f�4E' i 45 . I . mm 9 ..._ ....� 46 44 406 III 43 41 o " ll- 40 .... 1140 1, tg III 139 Y.3 a, "". to 1 1.37. t 1 V 36 34 1348 ! . ....,._ —. 33 �.,. _.. .,..,.._ 32 I( at 11 31 d lb 39' ... ‹30 . ..� Total.." Q � � �._.... . .... ..mm., ... .... Automobiles (a Total Automobiles 01, x ,„0.-eti 85th Percentile Automobile. a 85th Percentile Automobile' 1 85th Percentile Speed(m.p h) t (I I 85t Percentile Speed(m.p.h.). ,i1 Recorder Tx00T Form 1882(rev. 1 0/2 712 0 03) 85th Percentile Calculation Table Total No.of Car Total No 01 8� Cars 11�'M ` r IN a. 85% 5%Car Total No.of 8i0�ro1r TIID No..o1 115"1�" '-u�r I Cars No. Cars No 0 80 68 120 102 160 136 00 170 1 81 69 121 103 161 13" 21 171 82 70 1 122 104 162 138 202 1 t2 J 83 71 123 105 I 163 139 1 203 173 84 71 124 105 1 164 1119 ' 211 173 I 85 72 125 106 I 165 140 1 205 174 86 73 126 107 166 141 1 21 D 175 87 74 127 108 167 14 207175 I 88 75 � 128 109 168 14 .. 013 177 89 76 129 110 169 1:44 29 178 90 77 1130 111 170 145 210 1 79 f 91 11 77 131 111 171 145 211 179 11''.... 92 78 132 112 172 116 21 2 180 93 79 133 113 173 147 2113 181 94 80 134 ...,.., 114 174 148 4 41 182 1 95 81 1. 135 115 175 149 215 188 96 82 136 116 176 150 216 184 ___� 97 82 137 118 177 15 1 21 7 1114 1. 98 83 138 117 178 151 2118 185 99 84 139 118 179 152 1 211 9 ....... 188 100 85 140 119 180 1153 220 18'7 101 86 141 120 { 181 1:54 221 188 102 87 142 121 152 155 222 139 103 88 143 122 1183 156 223 190 104 I 88 . 144 122 184 106 224 190 105 89 145 123185 157 225 191 106 90 11, 124 ,l 186 158 226 1 162 107 91 147 125 167 159 227 1193 100 11 1 8 92 1 12&1 188 130 228 109 93 1140 121MEM 189 229 ... 1 195 110 94 150 12,8 190 162 230 1 111 94 151 128 19'1 II612.. 231 1 112 95 152 129 192 163 232 197 113 96 153 130 193 164 233 198 ...... 114 97 154 131 194 165 115 98 1155 132 195 166 235 2r$ 'E 116 99 1,56 133 196 167 236 201 a 117... 99 '157 '133 197 167 23�."7 2111 118 100 Mal 134 198 168 238 202 119 101 16111 135 199 159 239 ° „ RADAR MOTOR VEHICLE SPEED Form 1882(rev.10/27/2003) Field Tally Sheet Dater-41-?D County:Lt ou.IA Hwy:41.4Clu.E1R4, Location: SDilM o F SE0=6 Time:(from) 1:Ad 114-1 to) Weather: L'it:A- Surface Type: QSNA LT Surface Condition:t]Wet or ADry/[ Smooth or[)Rough AUTOMOBILES 1 AUTOMOBILES TRUCKS&BUSSES Direction: I Cumu Direction: Cumu- Direction: Direction: la e - ,.. .. '... , � Taal .... Oa V4 W 017, D....�.:J Totalove p....... M.P.H. ��, o�y _ o Total _ _ „�,„w.rvr. n... M.P.H. s g' S� .. . ., . S�T3 74 ga, „ .. i ... 73 1 m. . . 71 ... Sow 70. el �s. ... 69 41143? . e,.. ...._ 67 y L•6t} ®� 4 68 44$118- l'i.44 64 yes ,,w�...„... 63 42482. � � �. 62 t4I 4 ....3188. 61 4/068 58 3585- I 85 rv- 3 34 j ® ............ 5556 Yr3 ...,I��..._ 1 3Z{4 52 1 51 2" '�- 49 z454t i 48 Al 4T ,.1 1 I esI t 47 au 46- I I .� d y 46 .4b i .... 45 a�144 ,JlNP ir R , s i 44 A945 1' 43 A9"40 !r .it , .alit .l 42 AI 41 IiF iii 1I. ...Al it 41 11l r 1 If;i �, ..' 40 .. idiot .nL Ili R.i. 1w 39 II If WW35 34 ......... .�;L f,�i 33 33 IL-34' 32 III 31 �..., <30 IDS ..... Total Automobiles �i4 �� Total Automobiles �I 001 x 0.8; x O8 85th Percentile Automobllei job I s,$ 85th Percentile Automobile: L.1., 13 85th Percentile Speed(m./p.h); ,<;g 85th Percentile Speed(m.p.h.): • ' a t �/ 1L (6 !d/ Recorder 85th Percentile Calculation Tal' l Cars85%o Car I Total No.ofof 85%Car No. �mTotal No.of ...: ... 85%Car � Total No.of No car Total � ..� NNw Cars No. Cars es .._ -120 102 160 136 200 170 80 69 121 103 1 161 137 201 171 82 70_w .... 122 104 62 138 202 172 83 71 123 105 163 139 203 173 I. . . 64 ?Tmm .. 124 5 12 5 106... _ 105 185 140___ 174 205 ... ._ 86 73 126 107 166 141 206 175 127. .... 109 108 I' 87 , 167 142 207 176 88 .....89.... 76 129 110 �� 143 208 177 75 �.� 9 .... 144 209 178 90..... 77 130 111 170 145 210 179 91 77._.... 131 ..... 111 171 145 1,1 211 179 92 78 132 112 172 146 212 180 93 79 133 113 173 147 213 181III 94 80 134 114 I 174 148 214 182 175 149 1 215 183 96 82 138 116 17,.. � 6 150 ' 216 184 97 82 137 116 177 150 217 184II 98 83 99 84 I ... 138 117 178 151 218 U 185 139 118 179 152. .� 219 1 186 0 85 140 119 180 153 220 1 187 141 120 181 154 221 188 102 ~ .... _ 182 155 222 i89 103 88 143 122 T 83 156 223 190 104 S8 1 .... 12 2 184 156 224 190 105 89 II 145 123 185 157 225 191 106 90 146 124 2.. ..._ .. ..._ 186 158 226 MINN 107 91 147 125 187 159 227 193 ... ' 92 108 148 1 ._.� 26 .... 188 160.. 228 ... 194 109 93 149 127 189 161 229 ' 195 d 110 94 ... 150 128 162. 230 196 11194 lac} .mm....... 151 128 191 162 231 196 III 112 95 152 129 192 163 232 197 113 96 153 130 164 233 198 114 97 164....._. 13.1 194 I.. 165.. .. 234 !!r} .... .... ... 115 98 155 132 195 166 II235 200 116 99 1 156 I 133 196 167 0, 236 1 201 117 99 57 133 118 100 158 134 198 16810 238 202 i, II 0 119 101 159 135 � 199 169 239 203 GRAM Traffic Counting, Inc. Page 1 1120 W.Lovers Lane Arlington,TX 76013 817-265-8968 BALLARD AVE BETWEEN JEFFERSON ST&FINA DRIVEWAY-4 SEC FILTER NB Date Start:29-Apr-10 Start 1 4 7 10 13 16 19 22 25 28 31 34 37__® 40 Time 3 _6 9 12 15 1 B 21 24 27 30 33 36 39 999 Total 04/29/10 0 0 0 0 0 0 2 1 5 3 0 0 0 0 11. 01:00 0 0 1 0 0 0 1 3 1 2 1 0 0 0 9 02:00 0 0 0 0 0 0 0 1 2 1 0 0 0 0 4 03:00 0 0 0 0 0 0 0 0 1 1 0 1 0 0 3 04:00 0 0 0 0 1 0 0 0 1 0 1 0 0 0 3 05:00 0 0 0 0 0 1 1 8 13 9 6 2 0 1 39 06:00 3 0 1 3 2 7 15 20 28 27 10 2 1 1 120 07:00 14 0 3 6 14 24 40 35 27 15 4 0 0 0 182 08:00 8 0 0 10 14 29 43 35 19 6 1 0 0 0 165 09:00 13 0 0 3 11 29 37 33 19 6 2 2 0 0 155 10:00 12 0 0 4 4 21 37 29 24 5 2 0 1 0 139 11:00 6 0 2 10 8 28 46 21 14 9 1 0 0 0 145 12 PM 14 0 2 10 9 23 45 36 9 5 1 0 0 0 154 13:00 13 0 1 6 18 24 47 44 26 8 3 0 0 0 190 14:00 14 0 3 7 7 22 40 36 15 5 2 0 0 0 151 15:00 6 0 2 2 12 19 50 44 40 15 5 0 0 0 195 16:00 3 0 1 1 12 20 45 57 42 10 2 0 0 0 193 17:00 16 2 3 8 14 19 41 47 35 8 2 0 1 0 196 18:00 13 1 3 6 12 30 41 45 34 9 0 0 0 0 194 19:00 15 0 0 2 12 32 52 44 18 3 1 0 0 0 179 20:00 11 0 2 8 12 26 22 38 30 8 3 0 0 0 160 21:00 4 0 0 2 7 2 13 27 35 15 1 0 0 0 106 22:00 1 0 0 1 0 1 4 8 23 16 4 2 0 0 60 23:00 0 0 0 0 1 1 0 8 13 _ 7 2 2 _., 1 0 35 Total 166 3 � 24 89 170 358 622 618 474 193 54a , __ 114 2 2788_ Grand 166 3 24 89 170 358 622 618 474 193 54 11 4 2 2788 Total 15th Percentile: 15 MPH 50th Percentile: 21 MPH 85th Percentile: 27 MPH 95th Percentile: 29 MPH Statistics Mean Speed(Average): 20 MPH 10 MPH Pace Speed: 18-27 MPH Number in Pace: 1834 Percent in Pace: 65.8% Number of Vehicles>55 MPH : 2 Percent of Vehicles>55 MPH: 0.1% GRAM Traffic Counting, Inc. Page 2 1120 W.Lovers Lane Arlington,TX 76013 817-265-8968 BALLARD AVE BETWEEN JEFFERSON ST&FINA DRIVEWAY-4 SEC FILTER SB Date Start:29-Apr-10 Start 1 4 7 10 13 16 19 22 25 28 31 34 37 40 Time 3 6 9 12 15 18 21 24 27 30 33 36 39 999 Total 04/29/10 0 0 0 0 0 0 0 1 2 10 5 2 0 0 20 01:00 0 0 0 0 0 0 0 0 2 2 2 0 1 0 7 02:00 0 0 0 0 1 0 0 0 1 2 1 0 0 0 5 03:00 0 0 0 D 0 0 0 1 0 4 0 0 1 3 9 04:00 2 0 0 0 1 1 0 0 1 1 4 0 1 1 12 05:00 0 0 0 0 0 1 0 4 12 7 13 4 2 0 43 06:00 9 0 0 0 3 7 4 15 36 32 23 12 2 2 145 07:00 17 0 0 2 4 13 31 47 45 39 17 5 2 0 222 08:00 5 0 0 1 5 10 32 43 61 35 10 0 0 0 202 09:00 9 0 0 4 9 15 31 36 4D 28 9 4 1 0 166 10:00 8 1 0 2 7 12 15 39 46 29 16 5 1 0 181 11:00 11 0 0 4 6 16 34 32 41 26 7 1 0 0 178 12 PM 6 0 0 0 9 25 27 51 41 24 11 4 0 0 198 13:00 13 0 0 1 6 16 29 51 42 31 9 4 2 0 204 14:00 8 0 0 2 4 17 33 57 52 28 12 6 0 1 220 15:00 11 1 0 0 4 12 22 52 54 60 21 5 0 0 242 16:00 9 0 0 1 3 6 12 36 69 46 31 1 2 0 216 17:00 16 0 0 1 8 12 30 63 65 47 23 5 2 0 272 18:00 15 0 1 2 5 8 33 47 69 42 16 5 2 0 245 19:00 15 0 0 1 3 15 17 35 47 41 15 0 1 0 190 20:00 8 2 0 2 7 7 18 41 32 24 13 2 0 0 156 21:00 5 0 0 0 7 8 5 24 27 18 13 3 4 0 114 22:00 0 0 0 0 1 0 0 5 11 28 21 7 2 1 76 23:00 0 0 0 0 0 0 0 2 7 12 12 4 0 0 37 Total 167 4 1 23 93 201 373 682 803 616 304 79 26 8 3380 Grand 167 4 1 23 93 201 373 682 803 616 304 79 26 8 3380 Total 15th Percentile: 19 MPH 50th Percentile: 25 MPH 85th Percentile: 30 MPH 95th Percentile: 33 MPH Statistics Mean Speed(Average): 24 MPH 10 MPH Pace Speed: 21-30 MPH Number in Pace: 2226 Percent in Pace: 65.9% Number of Vehicles>55 MPH: 8 Percent of Vehicles>55 MPH: 02% Wylie City Council CITY OF WYLIE AGENDA REPORT Meeting Date: January 21, 2011 Item Number: 2. Department: Engineering (City Secretary's Use Only) Prepared By: Chris Hoisted Account Code: Date Prepared: January 17, 2011 Budgeted Amount: N/A Exhibits: Agreement, Resolutions Subject Consider, and act upon, approval of a Professional Engineering Services Agreement with Birkhoff, Hendricks & Carter, L.L.P. in an amount not to exceed $232,000 for the design of the expansion of FM 1378 from South Parker Road to North Parker Road; and authorize the City Manager to execute the agreement. Recommendation Motion to approve a Professional Engineering Services Agreement with Birkhoff, Hendricks & Carter, L.L.P. in an amount not to exceed $232,000 for the design of the expansion of FM 1378 from South Parker Road to North Parker Road. Discussion The current construction of FM 1378 terminates at the southern Parker Road intersection. The Texas Department of Transportation and Collin County are working on the Parker Road improvements from FM 2551 to FM 1378. The TxDOT project includes the realignment of the Parker Road intersection to the north but does not include improvements to FM 1378. On October 26, 2010 Council approved an Inter-Local Agreement with Collin County for engineering services for FM 1378. The agreement specifies that the County will participate in the engineering of the project in the amount of$100,000 and it was approved by the Collin County Commissioners' Court on December 13, 2010. The 1999 Bond Program included improvements to FM 1378 as well as various intersection improvements. The available funds from that program are approximately $150,000 and staff recommends using these funds for the City's participation in the engineering contract. Engineering services for the project include the design of a 6-lane paving section, storm sewer, sidewalks, right of way documents, signal improvements, and coordination with the Texas Department of Transportation. The projected completion schedule indicates a final project schematic in 90 days, 60% construction plans in 180 days and final construction plans in 12 months. The projected construction cost of the improvements is $2,300,000. Construction funds are not currently available for the project; however, the City and Collin County have requested that excess funds from the FM 1378, FM 544 to Brown Street project, be allocated for this project. Page 1 of 2 Page 2 of 2 Approved By Initial Date Department Director CH 01/17/11 City Manager nihl i PROFESSIONAL ENGINEERING SERVICES AGREEMENT THIS AGREEMENT is made and entered into by and between the City of Wylie, Texas, hereinafter referred to as "City", and Birkhoff, Hendricks & Carter, L.L.P., hereinafter referred to as "Engineer", to be effective from and after the date as provided herein. WITNESSETH: WHEREAS, the City desires to engage the services of the Engineer to complete engineering design and provide surveying services for the Country Club Road Paving and Drainage Improvements from just south of South Parker Road to the south side of North Parker Road(approximately 1,200 feet) hereinafter referred to as the "Project"; and WHEREAS, the Engineer desires to render such engineering design services for the City under the terms and conditions provided herein. NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS: That for and in consideration of the covenants contained herein, and for the mutual benefits to be obtained hereby, the parties hereto agree as follows: I. Employment of the Engineer The City hereby agrees to retain the Engineer to perform professional engineering services in connection with the Project; Engineer agrees to perform such services in accordance with the terms and condition of this Agreement. II. Scope of Services The parties agree that Engineer shall perform such services as are set forth and described in Exhibit "A", which is attached hereto and thereby made a part of this Agreement. The parties understand and agree that deviations or modifications, in the form of written changes may be authorized from time to time by the City. III. Schedule of Work The Engineer agrees to commence services immediately upon execution of this Agreement, and to proceed diligently with said service to completion as described in the Completion Schedule attached hereto as Exhibit "B" and thereby made a part of this Agreement. Professional Services Agreement_.Country Club Road Paving&Drainage Improvements (1/12/11) Page 1 of 14 I:7015 contdev..oylircountry club road agrcemem-1-12-I 1 doc IV. Compensation and Method of Payment The parties agree that Engineer shall be compensated for all services provided pursuant to this Agreement in the amount and manner described and set forth in the Payment Schedule attached hereto as Exhibit "C" and thereby made a part of this Agreement. Engineer further agrees that it will prepare and present such monthly progress reports and itemized statements as are described in said Exhibit "C". City agrees to pay invoices upon receipt. V. Insurance Engineer agrees to procure and maintain for the duration of the contract Professional Liability Insurance in the amount of at least $1,000,000, Worker's Compensation, General Liability and Automobile Insurance. VI. Assignment and Subletting The Engineer agrees that neither this Agreement nor the services to be performed hereunder will be assigned or sublet without the prior written consent of the City. The Engineer further agrees that the assignment or subletting of any portion or feature of the work or materials required in the performance of this Agreement shall not relieve the Engineer from its full obligations to the City as provided by this Agreement. VII. Contract Termination The parties agree that City or the Engineer shall have the right to terminate this Agreement without cause upon thirty(30) days written notice to the other. In the event of such termination without cause, Engineer shall deliver to City all finished or unfinished documents, data, studies, surveys, drawings, maps, models, reports, photographs or other items prepared by Engineer in connection with this Agreement. Engineer shall be entitled to compensation for any and all services completed to the satisfaction of City in accordance with the provisions of this Agreement prior to termination. VIII. Engineer's Opinion of Cost The parties recognize and agree that any and all opinions of cost prepared by Engineer in connection with the Project represent the best judgment of Engineer as a design professional familiar with the construction industry, but that the Engineer does not guarantee that any bids solicited or received in connection with the Project will not vary from the opinion by the Engineer. Professional Services Agreement—Country Club Road Paving&Drainage Improvements (1/12/11) Page 2 of 14 1:7015 contd v aylie country club road agreement.I.12-l 1.doc IX. Ownership of Documents Original drawings, specifications and reports are the property of the Engineer; however, the Project is the property of the City. City shall be furnished with such reproductions of drawings, specifications and reports. Upon completion of the services or any earlier termination of this Agreement under Article VII, Engineer will revise drawings to reflect changes made during construction as reported by the City and contractor, and he will furnish the City with one complete set of reproducible drawings, two sets of record prints, and electronic files. X. Complete Contract This Agreement, including the exhibits hereto numbered "A" through "D" constitutes the entire agreement by and between the parties regarding the subject matter hereof. XI. Mailing of Notices Unless instructed otherwise in writing, Engineer agrees that all notices or communications to City permitted or required under this Agreement shall be addressed to City at the following address: Mr. Chris Hoisted, P.E. City Engineer City of Wylie 300 Country Club Road Wylie,Texas 75098 City agrees that all notices or communications to Engineer permitted or required under this Agreement shall be addressed to Engineer at the following address: Joe R. Carter, P.E. Birkhoff, Hendricks & Carter, L.L.P. 11910 Greenville Ave., Suite 600 Dallas,Texas 75243 Phone: (214) 361-7900 All notices or communications required to be given in writing by one party or the other shall be considered as having been given to the addressee on the date such notice or communication is posted by the sending party. Professional Services Agreement—Count'',Club Road Paving&Drainage Improvements (1,J211) Page 3 of 14 I.7015 contdee wrylie country dub road agreement-I-12-I1.doc XII. Contract Amendments This Agreement may be amended only by the mutual agreement of the parties expressed in writing. XIII. Effective Date This Agreement shall be effective from and after execution by both parties hereto. WITNESS OUR HANDS AND SEALS on the date indicated below. CITY OF WYLIE,TEXAS BIRKHOFF, HENDRICKS & CARTER, L.L.P. By: By: .. . ,.y Mindy Manson, City Manager Joe R. Carter, F.E., Partner Date: Date: ATTEST ATTEST By: By: ) 49) Professional Services Agreement Country Club Road Paving&Drainage Improvements (1,/'12/11) Page 4 of 14 7015 comdea uylieconmry club road agreement-1.12-11,.doc EXHIBIT "A" ENGINEERING SERVICES Country Club Road Paving & Drainage Improvements (From Just South of South Parker Road to the South Side of North Parker Road) Part I: DESIGN PHASE Prepare plans, specifications and bidding documents for construction of Country Club Road Paving and Drainage Improvements (From South Parker Road to North Parker Road). The project parameters generally consist of a 6-lane divided reinforced concrete street with integral monolithic concrete curbs and underground storm drainage from just south of South Parker Road to just south of North Parker Road. The 3 lanes on each side of the divided section shall be 37 ft. back-to-back with a 22 ft. median. The right-of-way for the divided section will be 125 feet wide. This right-of-way width allows for construction of 5-foot wide sidewalks with at least 9 feet remaining for grass or a landscaped parkway. A project location map and typical paving improvement sections are included at the end of this Exhibit"A". The design phase services include: A. Preliminary Design Phase 1. Coordinate and attend a design conference with the CITY and other interested parties regarding the project. The purpose of the design conference will be to identify special project requirements, including but not limited to: a) Geometrics b) Existing NTMWD Water Line Relocation c) Typical Pavement Sections d) Utility Coordination and/or Relocations e) Discuss Procedure for Coordination with TxDOT 2. Perform Deed Research and develop a Right-of-Way Strip Map. 3. Develop a Roadway Schematic with proposed geometry and location of sidewalks. 4. Determine drainage areas and perform flood study for the culvert crossing. Underground storm drainage system will be based on a 100-year storm frequency. B. Final Design Phase Prepare plans and specifications for construction of the Country Club Road Paving and Drainage Improvements. Construction plans will be submitted for review at the 60% complete stage and plans and specifications will be submitted for review at the Professional Sen,ices Agreement—Country Club Road Paving&Drainage Improvements (1/12/11) Page 5 of 19 Ir701scontdev ylie country club road agreement-1-12-II.doe 90% complete stage. An Engineer's Opinion Of Probable Construction Cost is to be submitted at the 90% and 100% complete stages. The final design phase of this project shall include: 1. Cover Sheet, Location Map and Sheet Index 2. Coordinate and Survey Control Sheets for Contractor's Construction Surveying 3. Pavement and Structure Removal Plan 4. Roadway Plan-Profile Sheets prepared at a Scale of Not Less Than 1"= 20' 5. Drainage Area Map and Drainage Design Computations 6. Storm Sewer Plan Sheets and Profile Sheets prepared at a Scale of Not Less Than 1" - 20', including Culverts, Offsite Storm Sewers or Channels 7. Contour Grading Plan for Intersections 8. Construction Phasing and Traffic Control Plan 9. Quantity Summary Sheet 10. Permanent Signing and Pavement Marking Plan 11. Erosion Control Plan 12. Incorporate Wylie Standard Details and Design Standards 13. Special Details, as Required 14. Preparation of routine submittals to State Regulatory Agencies, as required 15. Assistance in preparation of Highway and Utility Permits, as required 16. Coordination with Utility Companies 17. Attend Design Review Meetings once a month with City Staff 18. Complete a Quantity Takeoff and develop Opinion of Probable Construction Cost for the 90% and 100% complete stages 19. Preparation of Specifications and Bidding Documents 20. Print Preliminary Plans (11" x 17") for review by the City and Utility Companies at the 60% complete stage, and Preliminary Plans and Specifications for the 90% complete stage 21. Print Preliminary Plans and Specifications (11" x 17") for final review by the City for the 100% complete stage Part II: BIDDING PHASE A. Assist the City staff in advertising for bids. This will include e-mailing "Notice to Contractors"to contractors experienced in this type of construction. City will have the Notice published in local newspaper. Professional Services Agreement—Country Club Road Paving&Drainage improvements (1/12/11) Page 6 of 14 I:'7015 comdevwylie country club road agreement-I-12-11.doc B. Sell bidding documents to potential bidders and their suppliers and other parties. C. Provide bidding documents to City of Wylie, the Testing Lab and two Plan Rooms. D. Assist during opening of bids and provide three copies of a Tabulation of Bids. E. Provide bid tabulation to contractors who submitted bids. F. Obtain the following information from the lowest bidder: 1. Past work history and references, 2. Physical resources to produce the project, 3. Financial Information. Formulate opinion from information received and provide the City a summary of the opinion for their use in selection and award of the construction contract. G. After award of contract, furnish eight (8) sets of 11" x 17" prints of the final plans with specifications and documents to the City for construction use by the City and Contractor. Part III: Construction Phase A. Conduct pre-construction conference, including preparing an agenda. B. Attend coordination meetings with contractor, quality control personnel, and City representatives to discuss strategy, problem areas, progress, and required coordination. C. Review shop drawings and other submittal information, submitted by the Contractor. This review is for the benefit of the Owner and covers only general conformance with information given by the Contract Documents. The contractor is to review and stamp their approval on submittals prior to submitting to the Engineer. Review by the Engineer does not relieve the Contractor of any responsibilities, safety measures or the necessity to construct a complete and workable facility in accordance with the Contract Documents. D. Provide written responses to requests for information or clarification. E. Prepare and process routine change orders for this project as they pertain to the original scope of work. F. Prepare monthly pay request from information obtained in the field. G. Accompany the City during their final inspection of the project. H. Recommend final acceptance based on information from City's on-site representative. I. Revise contract drawings, with the assistance of the City's on-site representative to reflect available information as to how the work was constructed. J. Furnish a set of 11"x17" pdf files and one set of 22"x34" reproducible mylars of these revised drawings to the City. Professional Services Agreement Country Club Road Paving&Drainage Improvements (1°'1111) Page 7 of 19 I:-7015 mirky.ylie country club road agreement-I-12-I I.dot Part IV: ADDITIONAL SERVICES Additional Services are not included in the Basic Services described previously. A description of each Additional Service that may be included in this Agreement follows together with the proposed subconsultant (if applicable) and whether the services are considered as required or optional. A. Field Surveys for Design and Construction Layout based on the Texas State Plane Surface Coordinate System. Field Surveys for Locating Property Corners for use in development of right-of-way and easement field note descriptions and exhibits. (BHC-Required) B. Prepare a Right-of-Way Strip Map with property boundaries based on Field Surveys, available Deed Information, TxDOT Right-of-Way Maps, Plats and other information supplied by the City. (BHC-Required) C. Prepare field note descriptions and exhibits as requested by the City for City use in acquisition of additional street right-of-way and drainage, slope or utility easements. The budget in Exhibit "C" is based on preparation of field note descriptions and exhibits for eight(8)properties on this project. (BHC-Required) D. Attend Meetings with TxDOT to discuss review comments regarding Driveway Permit and Traffic Control Plans. Revise plans to address TxDOT comments as approved by the City of Wylie. (BHC-Required) E. Conduct a Flood Study for the culvert crossing near the middle of the project. The Flood Study shall include Hydraulic Models for the Pre-Project and Post-Project Conditions with the 100-year frequency flow, a report summarizing the findings of the study, cross sections, and a topographic work map. The 100-year frequency storm flow shall be calculated as required by the Wylie Storm Drainage Design Manual. (BHC-Required) F. Review available traffic volume data for the intersections of Country Club Road at South Parker Road and North Parker Road. Conduct a 24-hour traffic count for each approach to the intersection. Collect available crash data from the City of Wylie Police Department. Prepare signalization plans for the intersection of Country Club Road at South Parker Road utilizing TxDOT design standards. Prepare signalization plans for modification to the existing signals at North Parker Road to accommodate a dedicated left turn lane. Review of shop drawings and assistance during contract administration is included. (Lee Engineering-Required) Professional Services Agreement Country Club Road Paving&Drainage Improvements (142,11) Page 8 of 14 I:7015 cantdev Wylie country club road agreement-1.12-11.doc G. Pothole existing Utilities to determine horizontal and vertical location. The number of locations will be as requested by the Engineer and approved by the City. (Mid America-Optional) Part V: EXCLUSIONS The intent of this scope of services is to include only the services specifically listed herein and none others. Services specifically excluded from this scope of services include,but are not necessarily limited to the following: A. Environmental impact statements and assessments and Categorical Exclusions. B. Texas Department of Transportation design process. C. Texas Department of Transportation right-of-way reviews or acquisition process. D. Fees for permits or advertising. E. Certification that work is in accordance with plans and specifications. F. FIood plain reclamation plans or application to FEMA for Conditional Letter of Map Revision or Letter of Map Revision. G. Trench safety designs. H. Quality control and testing services during construction. I. Services in connection with condemnation hearings. J. Phasing of Contractor's work. K. On-site safety precautions, programs and responsibility. L. Consulting services by others not included in proposal. M. Revisions and/or change orders as a result of revisions after completion of original design (unless to correct error on plans). N. Title searches for preparation of right-of-way dedication or easement documents. O. Preparation of the Contractor's Storm Water Prevention Pollution Plan (SW3P). P. Preparation of Plans or Specifications for Improvements outside the limits described herein. Professional Services Agreement Country Club Road Paving&Drainage Improvements (1112.11) Page 9 of 14 I:7015 contdev wylie country club roadmgreement-I-12-I 1.doc EXHIBIT A t , �I, � ,: I�l. _ i_ �� .�� .......... .�� iY yr � .. AI PROJECT li m.l LOCATION , - Y I 1 I M .I M Y i iY pp yy � �Bi id t' s��R Odd a ' � a :-. �� .�- '41jju .rr w J I tri. `�.a I r "^ .r r t Y "�� d u w �"1 4 �d . (7� q jI ,1 �x Y 0»~ �� d Ys I 'IIII,PI� �" ry" 'Y K s � P ' r r '' yr" ,� — —i �'r� 1 �d�611 � I� g X� y d Ydl rlrir.0 ..,,, f� l ' d �d �' r L 1I,I! Y 8 r Y ham, YY ,i! ,„„"I, I....,i...!!!f ", r 11 hk IIily..I1� 1 i, '� q j!:� � � d , ,J ' '�I I �... �� w "m 1. .1 Y V 1'' �, ..I.. 4v. : "4°s1q .�`^ `_ —,,,,, ,,. .. ., Y h ry �.� � 'I, ,ru r ir.)"� i �- I.I. u r� ,,.... pp 1 r a ! r ^.�.a a dYt� Ir '� I'I,�11 I"" � 1 p �,y ' f J ..1 � /,'� d l i"M4 ..,._. �' .,,s.nr.�.y.:u I ro e � Y� liitf +� a 0 2000 4000 6000 HORIZONTAL IMIIII1111111111111111111MII -il SCALE IN FEET Professional Services Agreement-Country Club Road Paving Drainage Improvements(1/I2/II} Page 10 of 14 TYPICAL SECTIONS 125'R.O.W. ( a 62'-6" _ 62-6" a 4 0 55' _ 10.5' 55' I 11' 11' 36' 10.5' 5.5' F-F F-F 4 T 4. .�`f 4, ► B WAIFCONC.4 1L*Lr. PAVEMENT 1 4. 1 4• 1 �" . I L------ —' f7(/ j` �12`UME STABILIZED NO 4 &IRS ON 18"C17?S. OR S;808ADE 1 No. 5 BARS ON 24"CTRS BOTH WAYS DIVIDED TYPICAL SECTION 125'R.ae: (IYPICAo 62'-6 62'6• bi 4 q= 0 5.5' 10.5' a6' 11' 11' .16' 10.5' 55' F-F TURN LANE F-F T 4• . 4 T % /� lifi CONC 4 l PAVEMENT 1 �. f 4• T 4' 12"LIME STABILIZED 4- NO. 4 BARS ON 18"CTRS. OR SUBGR4DE A . 5 BARS ON 24"CTRS. BOTH WAYS LEFT TURN LANE TYPICAL SECTION Professional Services Agreement-Counlny Club Road Paving&Drainage Improvements(1/12r7I) Page I of 14 Brrkhof,,,Hendricks R Caner.11 P EXHIBIT "B" PROJECTED COMPLETION SCHEDULE Begins After Engineering Agreement Is Executed f Task Description _ Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Month 13 Month 14 Month 15 Mon nth 16 1 Obtain Permission to Survey from all Property Owners Initial Field Surveys(Assume Permission Is Obtained) Initial Development of Project Schematic(Alignment,Plan&ROW) 1__ _ City Review Preliminary Schematic(Alignment,Plan&ROW) Finalize Project Schematic(Alignment,Plan,ROW,Profile and Flood Study) City Review Final Schematic(Alignment,Plan,ROW,Profile and Flood Study) ,1Prepare Preliminary ROW Strip Map,Exhibits&Descriptions , i City Review ROW Strip Map,Exhibits&Descriptions Prepare Final ROW Strip Map,Exhibits&Descriptions City Acquires Right-of-Way and Easements(Council Update) i , Prepare 60%Construction Plans&Quantities , City and TxDOT Review 60%Construction Plans&Quantities Prepare 90%Construction Plans,Quantities&Specifications ,, ,< , City and TxDOT Review 90%Submittal of Construction Plans&Quantities 1 Prepare Final Plans.Specifications&Quantities , City Final Review&TxDOT Permit Application (Final Revisions&Advertise Project for Construction Open Bids&Recommend Award City Award Contract —�- Contractor and City Execute Contract Documents 1 + . - Utility Companies Relocate Existing Facilities - pin Construction of Improvements — — —_ _ ` Potential Schedule Delaying Factors Interim City reviews are shown for a duaration of 2 weeks and longer review time will extend the schedule accordingly Utility Company Relocations could take more than 3 months shown&usually do not begin until all right-of-way and easements have been acquired. BHC Scheduled Event: —' City Scheduled Event: City Council Meeting: Utility Companies Scheduled Event: Contractor&City Scheduled Event: Contractor Scheduled Event: It should take approximately 6 months to complete construction of this project if utilities are cleared in advance of construction Professional Services Agreement-Conndry(Sub Road Paving Drainage Improvements (I 13 2011) Page 12 of I 1 I 0-0151w+iic1Counin'Club RoaJYths+rn Schedule xis EXHIBIT "C" PAYMENT SCHEDULE Payment for the basic services described under Parts I, II, and III, shall be on a Lump Sum Basis in the following Amounts: Part IA: Preliminary Design Phase $ 46,800 (30%) Part IB: Final Design Phase $ 78,000 (50%) Part II: Bidding Phase $ 7,800 (5%) Part III: Construction Phase $ 23,400 (15%) Total Amount, Basic Services (Parts I—III): $156,000 (100%) For the Additional Services described in Part IV, we propose to be compensated on a salary cost basis times a multiplier of 2.35, with expenses at actual invoice cost times 1.15. Automobile mileage for Special Services will be invoiced at $0.50 per mile. Surveying services will be invoiced at $150 per hour including mileage and miscellaneous expenses. Please check in the space provided to the right of each Additional Service accepted for this project. We suggest you budget the following amounts for additional services on this project: Accepted A. Field Surveys (Design, Property& Control) $ 9,600 B. Prepare Right-of-Way Strip Map $ 8,000 C. Prepare Eight(8) Field Note Descriptions and Exhibits for Right-of-Way, Drainage or Temporary Construction Easement Acquisition $18,000 D. Submit Plans for(2) TxDOT Reviews and Address Comments Assist in Acquisition of TxDOT Driveway Permit $ 7,000 _ E. Perform a Flood Study for the Culvert Crossing $ 6,000 F. Prepare Signalization Plans and Specifications for South Parker Road, and Modifications for North Parker Road(Lee Engineering) $22,400 G. Pothole(Up to 4 Locations) Existing Utilities $ 5,000 Total Amount,Additional Services (Part IV): $76,000 Payments are to be made monthly based on the percent complete of the design or construction phase for the Basic Services, and based on the actual hourly expenditures or invoice amounts for Special Services. The maximum overall fee of $232,000 as approved and established herein shall not be exceeded without written authorization from the City,based on increased scope of services. Professional Services Agreement Country Club Road Paving&Drainage Improvements (1/12 11) Page 13 of 14 I:'7015 tomdev' yliecountryclubroad agrecmenl-I-12-I I.doc EXHIBIT "D" INFORMATION TO BE SUPPLIED BY THE CITY The City will provide the following information necessary for this Project: 1. AlI the City's plat, easement and construction plans and electronic drawing files for water, sewer, paving and drainage improvement projects related to this Project will be made available. City will provide copies of such information at no cost. 2. City will provide access to and assist in the locating of all manholes, cleanouts, water meters and valves and will provide access to all City right-of-way and easements along the project. 3. The City's Utility Operations Department will excavate to locate existing water and sewer lines for horizontal and vertical ties as necessary and requested by the Engineer. The Engineer will call to schedule a time when the work can be done. 4. The City will take appropriate steps to notify the residents of any necessary public meetings. 5. The City will provide both electronic drawings and hard copies of any existing topography maps in the vicinity of the project. b. The City will provide and disclose all factors pertinent to the Project including the known or suspected location of underground or buried obstacles or utilities. 7. The City will be responsible for determination of the proper handling of historical monuments, homes, or other structures of importance and for informing the Engineer of the disposition of these elements. 8. The City will retain the services of a professional real estate appraiser for determination of fair market value for all right-of-way and easements required for the Project. The City agrees to report promptly in writing to the Engineer of any perceived fault or defect in the Engineer's services or non-conformance with the provisions of this agreement. The City will designate a single representative to act in its behalf, with respect to the Project, who shall examine plans and specifications submitted by the Engineer and shall render decisions pertaining thereto promptly to avoid unreasonable delay in the progress of the Engineer's services. Professional Services Agreement Country Club Road Paving&Drainage Improvements (1/12/11) Page 14 of 14 I:7015 contdcoNwylic country club road agi ut-1-12-1 I.doc BIRKHOFF, HENDRICKS & CARTER, L.L.P. Project No. PROFESSIONAL ENGINEERS TEXAS FIRM F526 Client: City of Wylie Date: l7-Jan-1 l Project:Country Club Road Paving and Drainage Improvements(Formerly FM 1378) South of South Parker Road(FM 2514)to South of North Parker Road(FM 2514) By: JRC ENGINEER'S PRELIMINARY OPINION OF CONSTRUCTION COST I1tem No. Description I Quantity Unit I Price I Amount Project Description:A 6-lane Divided Thoroughfare to Match Future FM 2514 Improvements,12-ft.Lanes,8-inch Reinforced Concrete Pavement with 12-inch Subgrade,Curbs and Underground Storm Drainage Project Length Permanent Pavement and Storm Sewer 900 L.F. Total Width Concrete Pavement(7 Lanes-Including Left Turn) 84 B-8 Expected Average Depth of Roadway Excavation 2.50 feet Approximate Lime Stabilized Subgrade Application Rate 8% by unit weight I Right-of-way Preparation 10 Sta. $ 6,000.00 $ 60,000 2 Unclassified Excavation Permanent Pavement 8,000 C.Y. $ 8.00 $ 64,000 3 I2-inch Lime Treated Subgrade(+10%Median Cuts) 9,460 S.Y. $ 5.00 $ 47,300 4 Hydrated Lime @ 70#/S.Y. 332 Tons $ 125.00 $ 41,500 5 6-inch Monolithic Concrete Curb 3,450 L.F. $ 2.00 $ 6,900 6 8-inch Reinforced Concrete Pavement(+10%Median Cut) 9,240 S.Y. $ 38.00 $ 351,100 7 Reinforced Concrete Driveways(10 ea.x 15'wide x 20'deep) 334 S.Y. $ 40.00 $ 13,400 I 8 Side Street Concrete Transition(l ea.x 37'wide x 50'deep) 206 S.Y. $ 50.00 $ 10,300 9 Remove Existing Driveways(10 ea.X 12'wide x 30'deep) 400 S.Y. $ 20.00 $ 8,000 10 Remove Existing Asphalt Pavement 3,056 S.Y. $ 18.00 $ 55,000 1 Finish Grade and Sodding(plus 10%outside ROW) 2,967 S.Y. $ 6.00 $ 17,800 12 5-foot Wide Reinforced Concrete Sidewalk(both sides) 944 S.Y. $ 45.00 $ 42,500 13 Handicap Ramps 22 Ea. $ 1,250.00 $ 27,500 14 Temporary Pavement for Construction Phasing&200'Transition 2,100 S.Y. $ 45.00 $ 94,500 Paving Improvements Subtotal(Rounded to Nearest$1,000): $ 840,000 15 Underground Storm Drainage Improvements(Round to Nearest$1,000) 30% of Paving Improvements $ 252,000 16 (1)8'span x 6'rise Reinf.Concrete Box Culvert with Headwalls 1 L.S. $120,000.00 $ 120,000 17 Offsite Storm Drainage Improvements 400 L.F. $ 100.00 $ 40,000 Drainage Improvements Subtotal(Rounded to Nearest$1,000): $ 412,000 18 Signalization Improvements(Complete System South-Modify North) 1 L.S. $370,000.00 $ 370,000 19 Landscaping&Irrigation Improvements(Not Included) $ - 20 Street Lighting Improvements(Not Included) $ 21 Relocate NTMWD 48"Waterline 1,000 L.F. $ 330.00 $ 330,000 Aesthetics,Signalization&Waterline(Rounded to Nearest$1,000): $ 700,000 Paving,Drainage,Aesthetics,Signalization&Waterline Subtotal: $ 1,952,000 Miscellaneous Contingencies(Rounded to Nearest$1,000): 15% $ 293,000 Opinion of Probable Construction Cost(Rounded to Nearest$1,000): $ 2,245,000 Project Construction Cost per Linear Foot: $ 2,494.44 Estimated Engineering,Surveys and Easement Documents: $ 227,000_ Estimated Cost Pothole Existing Franchise Utilities: $ 5,000 Estimated Cost Quality Monitoring Testing: $ 18,000 Estimated Subtotal,Professional Fees: $ 250,000 Project Total Including Probable Construction Cost&Fees: $ 2,495,000 I USE (ROUNDED TO NEAREST $10,000): I I $ 2,500,000 OfomixlE,imarcwffice971Concryn ouastI 1-17-11 xux%c„,..I,„cuor Page I of I INTERLOCAL AGREEMENT BETWEEN COLLIN COUNTY AND THE CITY OF WYLIE FOR ENGINEERING OF FM 1378 FROM SOUTH PARKER ROAD TO NORTH PARKER ROAD NEW Bond Project#99-00-21 WHEREAS, the County of Collin, Texas ("County") and the City of Wylie, Texas ("City") desire to enter into an agreement concerning the engineering of FM 1378 from just south of South Parker Road to the south side of North Parker Road in Coffin County, Texas; and WHEREAS, the Interlocal Cooperation Act (Texas Government Code Chapter 791) authorizes any local government to contract with one or more local governments to perform governmental functions and services under the terms of the Act;and WHEREAS, the City and County have determined that the improvements may be constructed most economically by implementing this Agreement. WHEREAS, the County funded 50% of the Engineering for FM 1378 from FM 544 to Brown Street; 1999 Bond Project #99-102. The Engineering for this section was completed under budget and the construction is underway utilizing Regional Toll Revenue(RTR)Funds. WHEREAS, the City requests that savings from the 1999 Bond Project #99-102 be reallocated to fund a portion of the Engineering for the new bond project#99-00-21, FM 1378 from South of Parker Rd.to North of Parker Rd. NOW, THEREFORE, this Agreement is made and entered into by the County and the City upon and for the mutual consideration stated herein, the receipt and sufficiency of which is hereby acknowledged. WITNESSETH: ARTICLE I. The City shall arrange to engineer improvements to FM 1378, hereinafter called (the "Project"). The Project shall consist of constructing a 6-lane divided concrete roadway, a distance of approximately 970 feet. The improvements shall also include construction of underground storm sewers as part of the road improvements. All improvements shall be designed to meet or exceed the current Collin County design standards and shall be constructed in accordance with the plans and specifications approved by the City. ARTICLE II. ILA between Collin County and the City of Wylie re:McMillen Rd.(Project#07-091) Page 1 521932.v2 The City shall acquire all necessary right-of-way for the Project. The City shall prepare plans and specifications for the improvements, accept bids and award a contract to construct the improvements and administer the construction contract. In all such activities, the City shall comply with all state statutory requirements. The City shall provide the County with a copy of the executed construction contract(s) for the Project. ARTICLE III. The City estimates the total engineering fee for the Project to be $231,600. The estimated project cost is$2,551,000 which includes engineering, construction, inspection, testing, street lighting, and construction administration costs including contingencies. The total amount of Funds remitted by the County during 2010 shall not exceed $100,000. The Payment Schedule is as follows: (a) Within thirty (30) days after the City (1) executes a Professional Service Agreement for the design of the Project and (2) requests payment from the County, the County shall remit $100,000 to the City to cover a portion of those engineering costs required under the Professional Service Agreement. (b) At the completion of the Project, the City shall provide a final accounting of expenditures for the Project. If the actual cost of the Project is less than the estimated cost, the City shall reimburse the County so that the County will have only paid fifty percent(50%)of the actual cost of the Project. (c) The Commissioners Court may revise this payment schedule based on the progress of the Project. ARTICLE IV. The City shall prepare for the County an itemized statement specifying Project costs that have been incurred to date and submit detailed Project cost and progress reports every thirty(30)days until Project completion. ARTICLE V. The City and County agree that the party paying for the performance of governmental functions or services shall make those payments only from current revenues legally available to the paying party. ARTICLE VI. ILA between Collin County and the City of Wylie re:McMillen Rd.(Project#07-091) Page 2 52i932.v2 INDEMNIFICATION. TO THE EXTENT ALLOWED BY LAW, EACH PARTY AGREES TO RELEASE, DEFEND, INDEMNIFY, AND HOLD HARMLESS THE OTHER(AND ITS OFFICERS,AGENTS,AND EMPLOYEES) FROM AND AGAINST ALL CLAIMS OR CAUSES OF ACTION FOR INJURIES (INCLUDING DEATH), PROPERTY DAMAGES (INCLUDING LOSS OF USE), AND ANY OTHER LOSSES, DEMANDS, SUITS, JUDGMENTS AND COSTS, INCLUDING REASONABLE ATTORNEYS' FEES AND EXPENSES, IN ANY WAY ARISING OUT OF, RELATED TO, OR RESULTING FROM ITS PERFORMANCE UNDER THIS AGREEMENT, OR CAUSED BY ITS NEGLIGENT ACTS OR OMISSIONS (OR THOSE OF ITS RESPECTIVE OFFICERS, AGENTS, EMPLOYEES, OR ANY OTHER THIRD PARTIES FOR WHOM IT IS LEGALLY RESPONSIBLE) IN CONNECTION WITH PERFORMING THIS AGREEMENT. ARTICLE VII. VENUE. The laws of the State of Texas shall govern the interpretation, validity, performance and enforcement of this Agreement. The parties agree that this Agreement is performable in Collin County, Texas and that exclusive venue shall lie in Collin County,Texas. ARTICLE VIII. SEVERABILITY. The provisions of this Agreement are severable. If any paragraph, section, subdivision, sentence, clause, or phrase of this Agreement is for any reason held by a court of competent jurisdiction to be contrary to law or contrary to any rule or regulation having the force and effect of the law, the remaining portions of the agreement shall be enforced as if the invalid provision had never been included. ARTICLE IX. ENTIRE AGREEMENT. This Agreement embodies the entire agreement between the parties and may only be modified in a writing executed by both parties. This Agreement supersedes all prior negotiations, representations and/or agreements, either written or oral. ARTICLE X. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon the parties hereto, their successors, heirs, personal representatives and assigns. Neither party will assign or transfer an interest in this Agreement without the written consent of the other party. ARTICLE XL ILA between Collin County and the City of Wylie re:McMillen Rd.(Project#07-091) Page 3 521932.v2 IMMUNITY. It is expressly understood and agreed that, in the execution of this Agreement, neither party waives, nor shall be deemed hereby to have waived any immunity or defense that would otherwise be available to it against claims arising in the exercise of governmental powers and functions. By entering into this Agreement, the parties do not create any obligations, express or implied, other that those set forth herein, and this Agreement shall not create any rights in parties not signatories hereto. ARTICLE XII. TERM. This Agreement shall be effective upon execution by both parties and shall continue in effect annually until final acceptance of the Project. This Agreement shall automatically renew annually during this period. APPROVED AS TO FORM: COUN ► ► ��, �IN� / • , , i By: By: Name: Name: Title: Title: C unty Judge Date: Date: I / 3 /O Executed on 's Be,day of De ,e n hey" 2010,by the County of Collin, pursuant to Commissioners' Court Order No.2Olo-1ad9-LI!3 . ATTEST: CITY OF WYLIE,TEXAS By: By: filliWI �!/1.---- Name: le Ehrlic Name: Mind anson Title: City Secretary Title: City ana er Date: Le -1U Date: ID to Executed on behalf of the City of Wylie pursuant to City Council _4 OF mil l Resolution No. 2010-34(R) A&, _ 00 lirt Agir ILA between Collin County and the City of Wylie re:McMillen Rd.(Project##07-091) Page 4 521932.v2 RESOLUTION NO.2010-37(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, TO RECOMMEND EXCESS FUNDS FROM THE SH 121 SUBACCOUNT FOR THE CONSTRUCTION OF THE FM 1378 — FM 544 TO BROWN STREET PROJECT BE ALLOCATED FOR THE CONSTRUCTION OF THE FM 1378 — SOUTH PARKER ROAD TO NORTH PARKER ROAD PROJECT. WHEREAS,FM 1378 serves as a major north-south thoroughfare for the City of Wylie; and WHEREAS, The Texas Department of Transportation transferred ownership of FM 1378 within the City Limits to the City of Wylie;and WHEREAS, Collin County and the City of Wylie each funded $1,032,000 for the construction of FM 1378 from FM 544 to Brown Street; and WHEREAS, Collin County and the City of Wylie secured $7,463,905 from the SH 121 Subaccount for the construction of FM 1378 from FM 544 to Brown Street;and WHEREAS, The City of Wylie approved a contract with Glenn Thurman, Inc. in the amount of $3,233,598 for the construction of FM 1 378 from FM 544 to Brown Street;and WHEREAS, Collin County and the City of Wylie have executed an Inter-Local agreement to fund the engineering for FM 1378 from South Parker Road to North Parker Road; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE,TEXAS: SECTION 1: The City Council recommends that the excess construction funds from the SH 121 Subaccount for FM 1378 from FM 544 to Brown Street be allocated for the construction of FM 1378 from South Parker Road to North Parker Road. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED this 9th day of November,2010. -r. ,1 UE, ay r — ATTEST O: • CA OLE EH ICH,City Sece y -1" Resolution 2010-37(R) = ` FM 1378 to Parker Road � �f COURT ORDER NO. 2010- l Ua 1D -12-13 THE STATE OF TEXAS COUNTY OF COLLIN Subject: Resolution, Construction of FM 1378—Engineering On December 13, 2010, the Commissioners Court of Collin County, Texas, met in regular session with the following members present and participating, to wit: Keith Self County Judge, Presiding Matt Shaheen Commissioner, Precinct 1 Jerry Hoagland Commissioner, Precinct 2 Joe Jaynes Commissioner, Precinct 3 Kathy Ward Commissioner, Precinct 4 During such session the court considered adoption of the following resolution to recommend excess funds from the SH 121 Subaccount for FM 1378 from FM 544 to Brown Street be allocated for the construction of FM 1378 from South Parker Road to North Parker Road. WHEREAS, FM 1378 serves as a major north-south thoroughfare for the City of Wylie; and WHEREAS, The Texas Department of Transportation transferred ownership of FM 1378 within the City Limits to the City of Wylie; and WHEREAS, Collin County and the City of Wylie each also funded $1,032,000 from the 1999 bond program for the design and construction of FM 1378 from FM 544 to Brown Street; and WHEREAS, Collin County and the City of Wylie secured $7,463,905 from the SH 121 Subaccount for the construction of FM 1378 from FM 544 to Brown Street; and WHEREAS, The City of Wylie approved a contract with Glenn Thurman, Inc. in the amount of $3,233,598 for the construction of FM 1378 from FM 544 to Brown Street; and WHEREAS, Collin County and the City of Wylie have executed an Inter-Local agreement to fund the engineering for FM 1378 from South Parker Road to North Parker Road; COURT ORDER NO. 2010- WO -12-13 Page 2 NOW, THEREFORE, BE IT RESOLVED BY THE COLLIN COUNTY COMMISSIONERS COURT,TEXAS: SECTION 1: The Collin County Commissioners Court recommends that the excess construction funds from the SH 121 Subaccount for FM 1378 from FM 544 to Brown Street be allocated for the construction of FM 1378 from South Parker Road to North Parker Road. SECTION 2: This Resolution shall take effect immediately upon its passage. Duly passed and approved this 13th day of December, 2010. /44/ /Keith Self County Ju • "" Matt Sha = = C•mm ssloner, p 1 EC*46 *Pi/ Ir� : Jerry H( gland, C C. lss oner, Pct. 2 e Joe Ja ft= Boner, t. 3 ATTEST: ' I ) 411111*krif Kathy ard, missioner, ct. 4 T $ omp. -. Canmiseloners'Cou Coffin County,TEXAS T:11 Word DottlCo rt 20101COURrOROERS112-13-10 CourtiSioned Cool Ordas%32989-Re dutlon-Faeces Funds-SH 121 Sub Account 1213.doc