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2011_11.15 TDD PacketKENNEDALE TOWNCENTER DEVELOPMENT DISTRICT AGENDA NOVEMBER 16, 2011 BOARD OF DIRECTORS - REGULAR MEETING CITY HALL COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE REGULAR SESSION — 7:15 PM X CALL TO ORDER /// ROLL CALL III. REGULAR ITEMS Review and consider action to prove meeting minutes dated April 26, 2011. 'Pel Consider setting an assessment rate and values for calendar year 2012 for the �`f Kennedale TownCenter. IV. ADJOURNMENT rC_ In compliance with the Americans with Disabilities Act, the City of Kennedale will provide for reasonable accommodations for persons attending City Council meetings. This building is wheelchair accessible, and parking spaces for disabled citizens are available. Requests for sign interpreter services must be made forty -eight (48) hours prior to the meetings. Please contact Amethyst Cirmo, City Secretary, at 817.985.2104 or (TDD) 1.800.735.2989 CERTIFICATION I certify that a copy of the November 15, 2011, agenda was posted on the City Hall bulletin board next to the main entrance of the City Hall building, 405 Municipal Drive, of the City of Kennedale, Texas, in a place convenient and readily accessible to the general public at all times and said Agenda was posted at least 72 hours preceding the schedule time of said meeting, in accordance with Chapter 551 of the Texas Government Code. Amethyst G. Cirmo, City Secretary 405 Municipal Drive, Ienneciale, TX 76060 1 Telephone: 817 -985 -2100 1 Fax: 817. 478 -7169 5 I. MINUTES KENNEDALE TOWNCENTER DEVELOPMENT DISTRICT BOARD OF DIRECTORS REGULAR MEETING — APRIL 6, 2011 405 MUNICIPAL DR. — KENNEDALE MUNICIPAL BLDG. COUNCIL CHAMBERS CALL TO ORDER Brian Lankhorst called the meeting to order at 7:25 p.m. II. ROLL CALL Amethyst G. Cirmo, City Secretary called roll with the following persons present /absent: Present: Absent: Staff present: Bryan Lankhorst Vice - Chairman John Clark Board Member Jerry Miller Board Member Robert Mundy Chairman Donnie Graham Board Member Bob Hart City Manager Amethyst G. Cirmo City Secretary III. REGULAR ITEMS /:V Review and consider action to approve meeting minutes dated February 23, 2010. JohnClark moved to approve meeting minutes dated February 23, 2010, second by Jerry Miller. Motion carried (3 -0). Consider setting an assessment rate and values for calendar year 2011 for the Kennedale TownCenter. A motion to at the rate and values as presented (rate of 2.896858) was made by John Clark, second by Jerry Miller. Motion carried unanimously (3 -0). Tax Rates Kennedale .722500 KISD 1.512068 Tarrant County .264 County Hospital .227897 TCC .14897 Total 2.875435 Tract Values 1R $1,301,220 2R 41,334 3R 53,676 4R 164,117 5 37,915 6 19,470 7 216,355 8 -0- Tax Rates Kennedale .722500 KISD 1.512068 Tarrant County .264 County Hospital .227897 TCC .14897 Total 2.875435 Tract Values 1R $1,301,220 2R 41,334 3R 53,676 4R 164,117 5 37,915 6 19,470 7 216,355 8 -0- Tax Rates Kennedale .722500 KISD 1.512068 Tarrant County .264 County Hospital .227897 TCC .14897 Total 2.875435 Tract Values 1 R $1,301,220 2R 41,334 3R 53,676 4R 164,117 5 37,915 6 19,470 7 216,355 8 -0- Kennedale KISD Tarrant County County Hospital TCC .722500 1.512068 .264 .227897 .14897 Total 1R 2R 3R 4R 5 6 7 8 2.875435 Tract Values $1,301,220 41,334 53,676 164,117 37,915 19,470 216,355 -0- Staff Report To the Members of the EDC4B Board Date: November 15, 2011 Agenda Item No: Subject: DISCUSS AND REVIEW SEP 2011 EDC FINANCIALS Originated by: Sakura Moten- Dedrick Summary: Buduet /Amendment N/A Year -To -Date • Ad Valorem Tax: No significant change. Collection of Municipal Management District Assessments. Staff has forwarded correspondence to Dollar General's corporate office demanding payment in full. We have yet to receive a reply; however, we anticipate a response in the next month or two. • Sales/Beverage Tax: Decrease in comparison over this time last year. Last year contained a slight error in how sales tax was posted for accrual purposes. Last year's sales tax for YTD through Sep 2010 should have actually been $497,366 due to the reallocation of Majestic Liquor (see Monthly Graph, 3 -Year Historical Graph, 10 -Year Historical Data). • Investment Earnings: Due to declining interest rates, income continues to be much lower in comparison over this time last year. • Miscellaneous Income: No significant change. Prior year's revenue was the result of cleaning up the balance sheet and writing off an old balance. It was in our favor. • Surplus Sales/Rentals: No significant change. • Transfers: Increase in comparison over this time last year. This year includes $13M for loan proceeds from Texas Leverage Program Fund for Grover project. • Personnel: No significant change. e Supplies: Decrease in comparison over this time last year. • - Maintenance: Slight- increase- in comparison over this time last year due to re- painting of buildings during summer months. • Sundry: Decrease in comparison over this time last year. • Debt: No significant change. • Transfers: Increase in comparison over this time last year. This fiscal year represents a payment in Nov (interest only) and May (principal plus interest). Last fiscal year represents the interest only payment reimbursed to the General Fund for the $2M CO Bond at year end. • Capital: Decrease in comparison over this time last year. CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES INCOME STATEMENT 15: EDC4B FUND FY09 -10 FY09 -10 FY09 -10 FY09 -10 FY10 -11 FY10.11 FY10 -11 FY10.11 INCOME STATEMENT BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE OPERATING REVENUES 567,171 511,788 692,446 692,446 587,149 587,149 2,297,770 2,679,385 OPERATING EXPENDITURES (744,417) (2,005,540) (1,706,265) (1,679,726) (608,509) (608,509) (1,167,030) (1,248,986) OPERATING INCOME /(LOSS) (177,246) (1,493,752) (1,013,819) (987,280) (21,360) (21,360) 1,130,740 1,430,399 NONOPERATING REVENUES /(EXPENSES) INTEREST EARNINGS 20,000 20,000 1,958 11958 4,200 4,200 126 175 TRANSFERS IN - - - - - - - - (TRANSFER OUT) (10,000) (28,000) - (26,540) (154,619) (154,619) (154,619) (154,619) NET OPERATING INCOME /(LOSS) (167,246) (1,501,752) (1,011,861) (1,011,861) (171,779) (171,779) 976,247 1,275,955 BEGINNING FUND BALANCE $1,595,012 $1,595,012 $1,595,012 $1,595,012 $ 583,151 $ 583,151 $ 583,151 $ 583,151 ENDING FUND BALANCE (EXCLUDING OTHER FUNDS) $ 1,437,766 $ 93,261 $ 583,151 $ 583,151 $ 411,372 $ 411,372 $1,559,398 $1,859,106 95: EDC413 RESERVE FUND $ 119,418 $ 119,418 $ 119,618 $ 119,637 $ 120,137 $ 120,137 $ 119,758 $ 119,767 19: EDC4B CAPITAL BOND FUND $ - $ - $1,279,351 $ 1,279,351 $ 1,017,184 $ 1,017,184 $ 464,096 $ 396,455 ENDING FUND BALANCE (INCLUDING OTHER FUNDS) $1,557,184 $ 212,678 $1,982,120 $1,982,139 $1,548,693 $1,548,693 $2,143,252 $2,375,328 'EXEMPLIFYING EXCELLENCE' CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES 15: EDC4B FUND "EXEMPLIFYING EXCELLENCE' FY09 -ID FY09.10 FY09.10 FY09.10 FY10.11 FY10.11 FYIo.II FY10.11 FY09.10 FY10.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YID SEP ACTUAL BUDGET AMENDED YID SEP ESTIMATE YID% YID% 4001-0090 PROPERTY TAX- CURRENT YEAR - - - - - - - - 0.0% 0.0% 4002-0003 MMD TAX - CURRENT YEAR 16,690 16,690 23,467 23,467 52,138 55,000 #DIVAU 222.2% AD VALOREM TAXES $ - 5 $ 16,690 $ 16,690 $ 23,467 $ 23,467 $ 52,138 $ 55,000 ODIVJ01 222.27 4081-0000 SALES TAX 323.571 306,744 450,895 450,895 324,438 324,438 328,969 360,141 147.0% 101.4% 4082-00 -00 MIXED BEVERAGE TAX 0.0% 0.0% SALES /BEVERAGE TAXES $323,571 $ 306,744 $450,895 $450,695 $ 324,438 $ 324,438 $ 328,969 $ 360,141 147.07 101.4% 4401-00-W INVESTMENT INCOME 20,000 20,000 11958 1,958 4,200 4,200 126 175 9.8% 3.0% INVESTMENT EARNINGS $ 20,000 $ 20,000 $ 1,958 $ 1,958 $ 4,200 $ 4.200 $ 126 $ 175 SAY. 3.07 4409-0000 MISCELLANEOUS INCOME - - 21,065 21,065 - - 7,577 325,000 #DIVAK #DIV/01 44110000 TEXAS LEVERAGE FUND PROGRAM - - - - - - - - 0.0% 0.0% 441500 -00 INSURANCE REIMBURSEMENT 0.0% 0.0% MISCELLANEOUS INCOME $ - $ - $ 21,065 $ 21,065 $ - $ - $ 7,577 $ 325,000 BDIV 101 45IV /01 48050000 RENTAL FEES - SHOPPING CENT ER 243,600 205,044 202,376 202.376 235,244 235,244 208,534 235,244 98.7% 88.6% 48060090 RENTALINSURANCE 1,420 1,420 4,000 4,000 553 4,000 #DIV /01 13.8% SURPLUS SALES /RENTALS $243,600 $ 205,044 $203,796 $203,796 $ 239,244 $ 239,244 $ 20,067 $ 239,244 99.47. 87.47 49024000 PROCEEDS - DEBT/LOAN ISSUANCE 1,700000 1,700,000 0.0% #DIV /01 TRANSFERS $ . $ . $ . $ . $ . $ - $1,700,000 $1,700,000 0.07 ODIV /01 TOTAL REVENUES $587,171 $ 531,788 $694,404 $694,404 $ 591,349 $ 591,349 $2,297,896 $2,679,560 130.6% 388.67. TOTAL REVENUES (EXCLUDING INIEREST/IRANSFERS) $567,171 $ 511,788 $692,446 $692,446 $ 587,149 $ 587,149 $2,297,770 $ 979,385 10%ADMIN CHARGE - GENERAL FUND 56,717 51,179 29,728 66,200 58,715 58,715 42,250 97,939 "EXEMPLIFYING EXCELLENCE' 0 C 1 Cd Cd X y O C O 2 `O� a� `O ° U� N o O >- 73 lL 1 0 V E O C O U w CL w N Q J Z Q LL Q a m w LL Z Q U w O z U O W O d O K d N N Q a a 0 N W 0 tC O N N O O O O O O O O o O O o O O ui o h o vi o Lrn Cl) � t09- 6p, � � r� N 0 N N LL V y y O o c C 'n W ° a 0 � 2 F ° o M i ° n, A 16 A o o , n G 05 , , o m . n y N N N N N N N N N N N N N N N N N N N N N N N N N N 0 N 10 O O m n O O tO N 01 ,'i h y �' j d N m b N l/1 N l F d l ,-1 N M n M e1 ei 0 M N N N N N N N N N N N N N N N N N N N N N N N N N N i i O , , , n , i , , i i � i • ( M J W V, l N f, edi � � N N N N N N N N N N N N N N N N N N N N N N N N N m ry N� ,i N H rl N N N N N N N N N N N N N N N N N N N N N N N N N N O N n O N O l0 W d V1 O O O M n O O N N b VI I� l N vl N W b M n l0 O] t M O M N N N N N N N N N N N N N N N N N N N N N N N N N N m ~ N N e . 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n W M M O O ,O N N N N N N N N N N N N N N N N N N N N N N N N N N V y y O o c C 'n W ° a 0 � 2 F CRY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES EXPENDITURE LINE ITEM SUMMARY 15: EDC40 FUND 01: ADMINISTRATION 5501 -01 -00 ADVERTISING 551401 -00 ASSOC DUES /PUBLICATIONS 5512 -01-00 CONTRACTUAL SERVICES 552501-00 TRAINING /SEMINARS 556501-00 LEGAL SERVICES 5567 -01-00 AUDITSERVICES 5569 -01-00 ITSUPPORT 5570-01 -00 SPECIAL SERVICES 557501-00 EQUIPMENT RENTAL 5578-01-00 TRAVEL 558401-00 ENGINEERING SERVICES 558501 -00 TELEPHONE SERVICES 559501 -00 ADMIN CHARGE - GENERAL FUND SUNDRY 561401 -00 VISUALGRANT 561501 -00 FUNCTIONALGRANT 5625 -01 -00 ISSUANCE COST DEBT 5701 -01 -00 TRANSFER OUT- GENERAL FUND 5714 -01-00 TRANSFER OUT - DEDICATION FUND 5795-01-00 TRANSFER OUT -EDC RESERVE FUND TRANSFERS 11.000 5,000 FY09 -10 FY09 -10 FY09 -10 FY09 -10 fY10.11 FY10.11 FY10.11 FY10 -11 PY09 -10 FY10 -11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD % YTD % _ _ _ _ 0.0% 0.0% 2.500 1,000 - - 1,000 1,000 5101 -01-00 SALARIES - - - - - - - - 0.0% 0.0% 5107 -01-00 OVERTIME - - - - - - - - 0.0% 0.0% 5111 -01-00 AUTO ALLOWANCE - - - - - - - - 0.0% 0.0% 51 I4 -01-00 LONGEVITY - - - - - - - - 0.0% 0.0% 5115-01-00 RETIREMENT - - - - - - - - 0.0 1 / 0.0% - 5116-01 -00 UNEMPLOYMENT INSURANCE - - - - - - - - 0.0% 0.0% 5117 -01 -00 FICA - - - - - - - - O.W. 0.0% 5118-01 -00 MEDICAL INSURANCE - - - - - - - - 0.0% 0.0% 5120.01 -00 LIFE INSURANCE - - - - - - - - 0.0% 0.0% 5121 -01 -00 DENTAL INSURANCE - - - - - - - - 0.0% 0.0% 5122 -01 -00 VISION INSURANCE - - - - - - - - 0.0% 0.0% 519401 -00 VACATION /SICKAERMAEAVE ADJ 0.0% 0.0% PERSONNEL $ - $ . $ - $ - $ - $ - $ $ - 0.0% 010% 522401-00 UNIFORMS 300 300 - - 300 300 - 500 0.0% 0.0% 524401 -00 PRINTED SUPPLIES 25,000 22,000 20,646 20,646 16,544 22,000 4,466 4,500 93.8% 20.3% 526401-00 GENERAL OFFICE SUPPLIES 500 500 155 155 250 250 12 12 30.9% 4.7% 5261 -01-00 POSTAGE 11000 500 - - 250 500 59 59 0.0% 11.87. 528401-00 MINOR EQUIP /SMALLTOOLS<$5K 11000 - 196 196 - - - - #DIV /01 0.0% 5290-01-00 EXPENDABLE SUPPLIES 1,500 1,000 12 12 4,000 4,000 17,778 17,778 1.2% 444.4% SUPPLIES $ 29,300 $ 24,300 $ 21,009 $ 21,009 $ 21,344 $ 27,050 $ 22,314 $ 22,849 86.57. 82.5% 5403-01 -00 BUILDING MAINTENANCE - - 4,376 4,376 - - - - #DIV /01 0.0% 5440-01 -00 OFFICE EQUIP /SOFTWARE MAINE 0.0% 0.0% MAINTENANCE $ - $ - $ 4,376 $ 4,376 $ - $ - $ - $ - #DIV /01 0.0% 5501 -01 -00 ADVERTISING 551401 -00 ASSOC DUES /PUBLICATIONS 5512 -01-00 CONTRACTUAL SERVICES 552501-00 TRAINING /SEMINARS 556501-00 LEGAL SERVICES 5567 -01-00 AUDITSERVICES 5569 -01-00 ITSUPPORT 5570-01 -00 SPECIAL SERVICES 557501-00 EQUIPMENT RENTAL 5578-01-00 TRAVEL 558401-00 ENGINEERING SERVICES 558501 -00 TELEPHONE SERVICES 559501 -00 ADMIN CHARGE - GENERAL FUND SUNDRY 561401 -00 VISUALGRANT 561501 -00 FUNCTIONALGRANT 5625 -01 -00 ISSUANCE COST DEBT 5701 -01 -00 TRANSFER OUT- GENERAL FUND 5714 -01-00 TRANSFER OUT - DEDICATION FUND 5795-01-00 TRANSFER OUT -EDC RESERVE FUND TRANSFERS 11.000 5,000 2,010 2,010 5,000 5.000 1,436 1,436 40.2% 28.7% 1.000 200 3,475 3,475 2,350 3.375 2,460 2,460 1737.57 72.9% _ _ _ _ _ _ _ _ 0.0% 0.0% 2.500 1,000 - - 1,000 1,000 - - 0.0% 0.0% 40.000 40,000 25.322 25.322 10,000' 25.000 7581 15,000 63.3% 30.3% 4.000 4,000 11500 1,500 1,500 1,500 1.500 11500 37.5% 100.0% _ _ _ _ _ _ _ _ 0.0% 0.0% 78,920 103,420 162,725 162,725 86,036 95,420 126,611 126,611 157.3% 132.7% - - 358 358 - - - - #DIV /01 0.0% 6.000 700 122 122 700 700 22 25 17.4% 3.2% _ _ _ _ _ _ _ _ 0.0% 0.0% _ _ _ _ - _ _ _ 0.0% 0.0% 56.717 52,862 66,200 66,200 58,715 58.715 56,488 97,939 125.2% 96.2% $ 200,137 $ 207,182 $ 261,711 $ 261,711 $ 165,301 $ 190,710 $196,098 $ 244,971 126.3% 102.8% 50,000 _ _ _ _ _ _ _ 0.07. 0.0% 0.0% 0.0% 0.0% 0.0% $ 50,000 $ - $ - $ - $ - $ - $ - $ - 0.0% 0.0% 10,000 1,000 - - - - - - 0.0% 0.0% - _ _ _ _ _ _ _ 0.0% 0.0% 0.0% 0.0% $ 10,000 $ 1,000 $ - $ - $ - $ - $ - $ - 0.0% 0.0% 5800-01 -00 LAND 25,000 400,000 385,897 385,897 325,000 10,000 293,392 299,842 96.57. 2933.9% 581301 -00 KENNEDALE ENTRANCE SIGN 45,000 45,000 - - 45,000 45,000 - - 0.0% 0.0% 582401 -00 BUILDING IMPROVEMENT 25,000 369,078 351,004 351.004 15,000 15,000 - - 95.1% 0.0% 587501 -00 CONSTRUCTION 18,644 25,000 0.0% #DIV /01 CAPITAL $ 95,000 $ 814,078 $ 736,900 $ 736,900 $ 385,000 $ 70,000 $312,036 5 324,842 90.57. 445.8% TOTAL EXPENDITURES $ 384,437 $1,046,560 $1,023,996 $1,023,996 $ 571,644 $ 287,760 $530,448 $ 592,661 97.8% 184.3% "EXEMPLIFYING EXCELLENCE' CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERV ICES SUMMARY 15: EDC48 FUND 02: TOWN SHOPPING CENTER "EXEMPLIFYING EXCELLENCE' FY09 -10 FY09 -10 FY09 -10 FY09 -10 FY10 -11 FY10 -11 FY10.11 FY10.11 FY09 -10 FY10.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YID SEP ESTIMATE YTD % YTD % 5280.02 -00 MINOR EQUIP /SMALL TOOLS45K 4,560 4,560 625 625 4,560 4,560 - - 13.7% 0.0% SUPPLIES $ 4,560 $ 4,560 $ 625 $ 625 $ 4,560 $ 4,560 $ - $ - 13.7% 0.0% 5403 -02-00 BUILDING MAINTENANCE 23,790 23,790 13,528 13,528 17,790 17,790 21,749 21,750 56.9% 122.3% MAINTENANCE $ 23,790 $ 23,790 $ 13,528 $ 13,528 $ 17,790 $ 17,790 $ 21,749 $ 21,750 56.9% 122,37. 5501 -02 -00 ADVERTISING - - - - - - - - 0.0% 0.0% 5510-02 -00 ASSOC DUES /PUBLICATIONS - - - - - - - - 0.0% 0.0% 5512 -02 -00 CONTRACTUAL SERVICES - - - - - - - - 0.0% 0.0% 0-0 5532 -00 ELECTRIC SERVICES 71800 71800 2,681 2,681 7,800 7,800 3,209 4,200 34.4% 41.1% 5545-02 -00 INSURANCE PROPERTY - - 3,779 3,779 4,000 4,000 31401 3,401 NDIV101 85.0% 5565-02 -00 LEGALSERVICES - - - - - - - - 0.0% 0.0% 5570-02 -00 SPECIAL SERVICES 9,600 9,600 10,137 10,137 6,000 61000 16,160 16,160 105.6% 269.3% SUNDRY $ 17,400 $ 17,400 $ 16,596 $ 16,596 $ 17,800 $ 17,800 $ 22,770 $ 23,761 95.4% 127.9% TOTAL EXPENDITURES $ 45,750 $ 45,750 $ 30,750 $ 30,750 $ 40,150 $ 40,150 $ 44,519 $ 45,511 67.2% 110.9% "EXEMPLIFYING EXCELLENCE' CITY OF KENNEDAIE, TEXAS ANNUAL PROGRAM OF SERVICES EXPENDITURE LINE ITEM SUMMARY 15: EDC48 FUND 04: TEXAS LEVERAGE FUND PROGRAM "EXEMPLIFYING EXCELLENCE' FY09 -10 FY09 -10 FY09 -10 FY09 -10 FY10.11 FY10.11 FY10 -11 FY10 -11 FY09.10 FY10 -11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD % YTD % 561504-00 FUNCTIONAL GRANT - - - - - - 14,025 14,025 0.0% #DIV /01 56200400 ISSUANCE COSTS O.W. 0.0% DEBT $ - $ - $ - $ - $ - $ - $ 14,025 $ 14,025 0.07. #DIV /01 5847 -03-00 CONSTRUCTION 0.0% 0.0% CAPITAL $ - $ - $ - $ - $ $ $ - S 0.0% 0.0% $ - $ - $ - $ - $ - $ - $ 14,025 $ 14,025 0.07. #DIV 101 "EXEMPLIFYING EXCELLENCE' CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES REVENUE /EXPENDITURE LINE REM SUMMARY 19: EDC40 CAPITAL BOND FUND 4913 -00-00 TRANSFER IN- CAPITAL BOND FUND 2,006,635 2,006,635 - #DIV /01 0.0% TRANSFERS $ - $ - $2,006,635 $2,006,635 $ - $ - $ - $ - #DIV 101 0.07. TOTAL REVENUES $ - $ - $2,008,913 $2,008,913 $ 500 $ 500 $ 1,274 $ 1,317 #DIV /OI 254.8% 19: EDC4B CAPITAL BOND FUND 01: TOWN CENTER REDEVELOPMENT FY09 -10 FY09 -10 FY09 -10 FY09 -10 FY10 -11 FY10.11 FY10.11 FYI0 -I1 FY09.10 FY10.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YID% YID% 4401 -00-00 INVESTMENT INCOME 2,278 2,278 500 500 1,274 1,317 #DIV /01 254.8% INVESTMENT EARNINGS $ - $ - $ 2,278 $ 2,278 $ 500 $ 500 $ 1,274 $ 1,317 #DIV /01 254.8% 4913 -00-00 TRANSFER IN- CAPITAL BOND FUND 2,006,635 2,006,635 - #DIV /01 0.0% TRANSFERS $ - $ - $2,006,635 $2,006,635 $ - $ - $ - $ - #DIV 101 0.07. TOTAL REVENUES $ - $ - $2,008,913 $2,008,913 $ 500 $ 500 $ 1,274 $ 1,317 #DIV /OI 254.8% 19: EDC4B CAPITAL BOND FUND 01: TOWN CENTER REDEVELOPMENT TOTAL EXPENDITURES $ - $ - $ 729,562 $ 729,562 $ 262,667 $ 262,667 $ 816,529 $ 884,213 #DIV /01 310.9% "EXEMPLIFYING EXCELLENCE' FY09.10 FY09 -10 FY09.10 FY09.10 FYI0 -11 FYIO.11 FY10 -lI FYI0 -II FY09 -10 FY10.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YID SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD % YTD % 540101-00 BUILDING MAINTENANCE 0.0% 0.0% MAINTENANCE $ - $ - $ - $ - $ - $ - $ - $ - 0.07. 0.07. 5525 -01 -00 TRAINING /SEMINARS - - 40 40 - - - - #DIV /01 0.0% 5570-01 -00 SPECIAL SERVICES - - 157,725 157,725 - - 15,400 15,400 #DIV /01 #DIV /01 5579 -01 -00 ARCHITECT /DESIGN SERVICES - - 19,422 19,422 - - 37,217 48,000 #DIV /01 #DIV 101 5580-01 -00 ENGINEERING SERVICES 33,622 33,622 28,143 28,143 47,755 47,755 #DIV /01 169.7% SUNDRY $ - $ - $ 210,809 $ 210,809 $ 28,143 $ 28,143 $ 100,371 $ 111,155 #DIV /01 356.6% 5800 -0I -00 LAND - - 6,678 6,678 - - 7,558 7,558 #DIV 101 #DIV /01 5847 -01 -00 CONSTRUCTION 512,076 512,076 234,524 234,524 708,600 765,500 #DIV /01 302.1% CAPITAL $ - $ - $ 518,754 $ 518,754 $ 234,524 $ 234,524 $ 716,157 $ 773,058 #DIV /01 305.4% TOTAL EXPENDITURES $ - $ - $ 729,562 $ 729,562 $ 262,667 $ 262,667 $ 816,529 $ 884,213 #DIV /01 310.9% "EXEMPLIFYING EXCELLENCE' CRY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES REVENUE /EXPENDITURE LINE ITEM SUMMARY 95: EDC4B RESERVE FUND 491600.00 TRANSFER IN -EDC FUND - - - - - - - - 0.0% 0.0% 492000-M TRANSFERIN 0.0% 0.0% OTHER AGENCY S $ - S - S - S - S - S - S - 0.03 0.0% TOTAL REVENUES $ 1,920 $ 1,920 $ 201 $ 219 $ S00 $ S00 $ 121 $ 130 10.57. 24.27. 95: EDC4B RESERVE FUND FY09 -10 FY09 -10 1109 -10 FY09 -10 FY10.11 FY10 -11 FY10.11 FY10.11 FY09.10 FY10 -11 ACCOUNT ACCOUNTNAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD% YID% 5715 -00-W TRANSFER OUT -EDC FUND - 0.0% O.0% TRANSFERS $ - $ - $ - $ - $ $ - $ - $ - 0.0% 0.0% TOTAL EXPENDITURES $ $ - $ - $ - $ - $ - $ - $ - 0.0% 0.0% "EXEMPLIFYING EXCELLENCE" FY09 -10 FY09 -10 FY09 -10 FY09 -10 FY10.11 FY10.11 1110 -11 FY10.11 FY09 -10 FY10.11 ACCOUNT ACCOUNTNAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE 'YTD% YID% 4401 -00-00 INVESTMENT INCOME 1,920 1,920 201 219 500 500 121 130 10.5% 24.2% INVESTMENT EARNINGS $ 1,920 $ 1,920 $ 201 $ 219 $ 500 $ 500 $ 121 $ 130 10.57. 24.2% 491600.00 TRANSFER IN -EDC FUND - - - - - - - - 0.0% 0.0% 492000-M TRANSFERIN 0.0% 0.0% OTHER AGENCY S $ - S - S - S - S - S - S - 0.03 0.0% TOTAL REVENUES $ 1,920 $ 1,920 $ 201 $ 219 $ S00 $ S00 $ 121 $ 130 10.57. 24.27. 95: EDC4B RESERVE FUND FY09 -10 FY09 -10 1109 -10 FY09 -10 FY10.11 FY10 -11 FY10.11 FY10.11 FY09.10 FY10 -11 ACCOUNT ACCOUNTNAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD% YID% 5715 -00-W TRANSFER OUT -EDC FUND - 0.0% O.0% TRANSFERS $ - $ - $ - $ - $ $ - $ - $ - 0.0% 0.0% TOTAL EXPENDITURES $ $ - $ - $ - $ - $ - $ - $ - 0.0% 0.0% "EXEMPLIFYING EXCELLENCE" Kennedale .722500 KISD 1.512068 Tarrant County .264 County Hospital .227897 TCC .14897 Total 2.875435 Tract Values 1R $1,301,220 2R 41,334 3R 53,676 4R 164,117 5 37,915 6 19,470 7 216,355 8 -0- Staff Report To the Members of the EDC4B Board Date: November 15, 2011 Agenda Item No: Subject: DISCUSS AND REVIEW SEP 2011 EDC FINANCIALS Originated by: Sakura Moten- Dedrick Summary: Budget /Amendment N/A Year -To -Date • Ad Valorem Tax: No significant change. Collection of Municipal Management District Assessments. Staff has forwarded correspondence to Dollar General's corporate office demanding payment in full. We have yet to receive a reply; however, we anticipate a response in the next month or two. • Sales /Beverage Tax: Decrease in comparison over this time last year. Last year contained a slight error in how sales tax was posted for accrual purposes. Last year's sales tax for YTD through Sep 2010 should have actually been $497,366 due to the reallocation of Majestic Liquor (see Monthly Graph, 3 -Year Historical Graph, 10 -Year Historical Data). • Investment Earnings: Due to declining interest rates, income continues to be much lower in comparison over this time last year. • Miscellaneous Income: No significant change. Prior year's revenue was the result of cleaning up the balance sheet and writing off an old balance. It was in our favor. • Surplus Sales/Rentals: No significant change. • Transfers: Increase in comparison over this time last year. This year includes $13M for loan proceeds from Texas Leverage Program Fund for Grover project. • Personnel: No significant change. • Supplies: Decrease in comparison over this time last year. • Maintenance: Slight increase in comparison over this time last year due to re- painting of buildings during summer months. • Sundry: Decrease in comparison over this time last year. • Debt: No significant change. • Transfers: Increase in comparison over this time last year. This fiscal year represents a payment in Nov (interest only) and May (principal plus interest). Last fiscal year represents the interest only payment reimbursed to the General Fund for the $2M CO Bond at year end. • Capital: Decrease in comparison over this time last year. CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES INCOME STATEMENT 15: EDC4B FUND FY09 -10 FY09 -10 FY09 -10 FY09 -10 FY10.11 FY10 -11 FY10 -11 FY10.11 INCOME STATEMENT BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE OPERATING REVENUES 567,171 511,788 692,446 692,446 587,149 587,149 2,297,770 2,679.385 OPERATING EXPENDITURES (744,417) (2,005,540) (1,706,265) (1,679,726) (608,509) (608,509) (1,167,030) (1,248,986) OPERATING INCOME /(LOSS) (177,246) (1,493,752) (1,013,819) (987,280) (21,360) (21,360) 1,130,740 1,430,399 NONOPERATING REVENUES /(EXPENSES) INTEREST EARNINGS 20,000 20,000 1,958 1,958 4,200 4,200 126 175 TRANSFERS IN - - - - - - - - (TRANSFER OUT) (10,000( (28,000) - (26,540) (154,619) (154,619) (154,619) (154,619) NET OPERATING INCOME/(LOSS) (167,246) (1,501,752) (1,011,861) (1,011,861) (171,779) (171,779) 976,247 1,275,955 BEGINNING FUND BALANCE $1,595,012 $1,595,012 $1,595,012 $1,595,012 $ 583,151 $ 583,151 $ 583,151 $ 583,151 ENDING FUND BALANCE (EXCLUDING OTHER FUNDS) $ 1,437,766 $ 93,261 $ 583,151 $ 583,151 $ 411,372 $ 411,372 $1,559,398 $1,859,106 95: EDC4B RESERVE FUND $ 119,418 $ 119,418 $ 119,618 $ 119,637 $ 120,137 $ 120,137 $ 119,758 $ 119,767 19: EDC48 CAPITAL BOND FUND $ - $ - $1,279,351 $1,279,351 $ 1,017,184 $1,017,184 $ 464,096 $ 396,455 ENDING FUND BALANCE (INCLUDING OTHER FUNDS) $1,557,184 $ 212,678 $1,982,120 $1,982,139 $1,548,693 $1,548,693 $2,143,252 $2,375,328 'EXEMPLIFYING EXCELLENCE" CRY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES REVENUE LINE REM SUMMARY 15: EDC4B FUND TOTALREVENUES $587,171 $ 531,788 $694,404 $694,404 $ 591,349 $ 591,349 $2,297,896 $2,679,560 130.6% 388.6% TOTAL REVENUES (EXCLUDING INIEREST/TRANSFERS) $567,171 $ 511,788 $692,446 $692,446 $ 587,149 $ 587,149 $2,297,770 $ 979,385 107,ADMINCHARGE- GENERALFUND 56,717 51,179 29,728 66,200 58,715 58,715 42,250 97,939 'EXEMPLIFYING EXCELLENCE' FY09 -10 FY09.10 FY09 -10 FY09.10 FY10.11 FY10 -II FY10.11 FY10.11 FY09.10 FY10.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YID SEP ACTUAL BUDGET AMENDED YID SEP ESTIMATE YTD% YID% 4001-0000 PROPERTY TAX - CURRENT YEAR - - - - - - - - 0.0% 0.0% 4OD2-0000 AIM TAX - CURRENT YEAR 16.690 16,690 23,467 23,467 52,138 55,000 #DIV/01 222.270 AD VALOREM TAXES $ - 5 - $ 16,690 $ 16,690 $ 23,467 $ 23,467 $ 52,138 $ 55,000 4DIV /01 222.2% 4081-0000 SALES TAX 323.571 306,744 450,895 450,895 324,438 324,438 328,969 360,141 147.07. 101.4% 4082-0000 MIXED BEVERAGE TAX 0.0% 0.0% SALES /BEVERAGE TAXES $323,571 $ 306,744 $450,895 $450.895 $ 324,438 $ 324,438 $ 328,969 $ 360,141 147.0% 101.4% 4401-0000 INVESTMENTINCOME 20,000 20,000 1,958 1,958 4,200 4,200 126 175 92% 3.0% INVESTMENT EARNINGS $ 20,000 $ 0,000 $ 1,958 $ 1,968 $ 4,200 $ 4,200 $ 126 IS 175 9.87. 3.07. 4409-0000 MISCELLANEOUS INCOME - - 21,065 21,065 - - 7,577 325,000 #DIV /01 #DIV /01 4411 DOM TEXAS LEVERAGE FUND PROGRAM - - - - - - - - 0.0% 0.07. 4415-00-00 INSURANCE REIMBURSEMENT 0.07. 0.05 MISCELLANEOUS INCOME $ - $ - $ 21,065 $ 21,065 $ - $ - $ 7,577 $ 325,000 #DIV /01 4DIV /01 4805-0040 RENTAL FEES - SHOPPING CENTER 243,600 205,044 202.376 2D2, 376 235,244 235,244 208,534 235,244 98.77. 88.6% 48060000 RENTAL INSURANCE 1,420 1,420 4,000 4,000 553 4,000 #DIV /01 13.87. SURPLUS SALES /RENTALS $243,600 $ 205,044 $203,796 $203,796 $ 239,244 $ 239,244 $ 209,087 $ 239,244 99.4% 87.4% 4902-0003 PROCEEDS - DEBT/LOAN ISSUANCE 1,700,000 1,700,000 0.0% #DIV /01 TRANSFERS $ . $ . $ . $ . $ . $ . $1,700,000 $1,700,000 0.070 #DIV /01 TOTALREVENUES $587,171 $ 531,788 $694,404 $694,404 $ 591,349 $ 591,349 $2,297,896 $2,679,560 130.6% 388.6% TOTAL REVENUES (EXCLUDING INIEREST/TRANSFERS) $567,171 $ 511,788 $692,446 $692,446 $ 587,149 $ 587,149 $2,297,770 $ 979,385 107,ADMINCHARGE- GENERALFUND 56,717 51,179 29,728 66,200 58,715 58,715 42,250 97,939 'EXEMPLIFYING EXCELLENCE' O C N N X h � C �N O2 O Q 0 O O U� C 06 0. O >- tL N U E O C O V W d W N Q J Z Q Q Q m w Z Q U w O Z O O W N O a O z a N O N I J a a 0 0 N I w U' m 0 0 N O 0 0 0 0 O O 0 0 0 0 0 0 0 n o vi o Lri o vi � � � � � fr N N 0 O N O ei „ ei N N N N N N O n O C1 0 o m n C w V N W m m n fl1 N N N N N N O O M n O 06 v o6 e v V N m M I 0 o m o n o tO N CO r OI N rtl r1 r-1 N V 1 N N m N N O N n O m O O M n O of a od v ' ui N N N N m N rl N m N N m N N `I N o LQ m ri "a m N N N N N O N n O m O M M n M of v a6 v ' vi 1 e ry M w N N (R N N lO O N M V V N N N N N m w m b o q m N N m N eNi O O O O O Q v l e ci V 2. ro ri a; N b N N N m O O O O O O O O O O .y a u e w o � O o O N O b O M < o °p oN O v m ° n N O M N n 11 M� .t NNNNMNNmNNt?NNNt O l N o m m N N V) N N N N N N N N N h N t o b M O W N N m rO N M „ C! m H N N e1 ryO H p N N N N m N m Q M N N Fi N N N N N w m o n of O N Nh HNNNNNNV)NNNN NN NN N N O l0 N O N I IO V l0 e rl m M n 8 c ° ° y wetf % a % '2 0 �mN nc nA� �7 0 a 0 w 3 o A a a a c o o LL���M�� w � u a° a ¢ a jo o n p ru ¢ate z 0 O b N m n m a m o m .a ti . N m N N N N N N N N N y N N N t? N N N N O O O O O N N o W M O O W N N M Vl O p r O N l0 N N O O; n VI IVI I(1 b V n ei fi m Vr V? N N m N N N N N N N N N m N m N m o o o mvi ri m �i o vi ° ory ° m N N N N ry r ei M ei N V1 N m N N Vi N N N N N an N V1 N VY N N N O O O O V O o r o m o 0 r r m o r 0 0 M m M m m e m e m N NmNVlN NNmN hVrN NNNh NN N N O O O O O n N ry e n n N ei N m N m N N N N N N N N N N N N N m N N O O O O O N O o r Q m o o m o 0 VI m m e'1 N l0. N N N N N N N N m b N N m N N V� N N N m N VI 0 0 o m o o m r � � .t .t V1 N N m N N N N N N N lO N N N N N N N N O Of O O O O o m o 0 0 0 o O o a . ti c ° ° y wetf % a % '2 0 �mN nc nA� �7 0 a 0 w 3 o A a a a c o o LL���M�� w � u a° a ¢ a jo o n p ru ¢ate z 0 CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES EXPENDITURE LINE REM SUMMARY 15: EDC4B FUND O1: ADMINISTRATION ACCOUNT ACCOUNTNAME FY09.10 BUDGET FY09 -10 AMENDED FY09 -10 YTD SEP FY09.10 ACTUAL FY10 -11 BUDGET FY10 -11 AMENDED FY10 -11 YTD SEP FY10.11 ESTIMATE FY09 -10 YTD% FY10 -11 YTD% 5101 -01 -00 SALARIES - - - - - - - - 0.0% 0.0% 5107 -01 -00 OVERTIME - - - - - - - - 0.0% 0.0% 5111 -01 -00 AUTO ALLOWANCE - - - - - - - - 0.0% 0.0% 5114 -01 -00 LONGEVITY - - - - - - - - 0.0% 0.0% 5115 -01 -00 RETIREMENT - - - - - - - - 0.0% 0.0% 511401-00 UNEMPLOYMENT INSURANCE - - - - - - - - 0.0% 0.0% 5117 -01-00 FICA - - - - - - - - 0.0% 0.0% 511 801-00 MEDICAL INSURANCE - - - - - - - - 0.0% 0.0% 512001-00 LIFE INSURANCE - - - - - - - - 0.0% 0.0% 5121 -01 -00 DENTAL INSURANCE - - - - - - - - 0.0% 0.0% 5122 -01 -00 VISION INSURANCE - - - - - - - - 0.0% 0.0% 519001-00 VACATION /SICK/TERM /LEAVE ADJ - - - - - - - 0.0% 0.0% 0.0% PERSONNEL $ . $ - $ . $ - S - $ - $ - $ - 0.07. 0.07. 522001 -00 UNIFORMS 300 300 - - 300 300 - 500 0.0% 0.0% 524001 -00 PRINTED SUPPLIES 25,000 22,000 20,646 20.646 16.544 22,000 4,466 4.500 93.8% 20.3% 5260-01 -00 GENERAL OFFICE SUPPLIES 500 500 155 155 250 250 12 12 30.9% 4.7% 5261 -01 -00 POSTAGE 1,000 500 - - 250 500 59 59 0.0% 11.8% 528001 -00 MINOR EQUIP /SMALL TOOLS<$5K 1,000 - 196 196 - - - - #DIV /01 0.0% 52900 1 -00 EXPENDABLE SUPPLIES 1,500 1,000 12 12 4,000 4,00 0 17,778 17,778 1.2% 444.4% - SUPPLIES $ 29,300 $ 24,300 $ 21,009 $ 21,009 $ 21,344 $ 27,050 $ 22,314 $ 22,849 86.5% 82.57. 5403 -01 -00 BUILDING MAINTENANCE - - 4,376 4,376 - - - - #DIV /01 0.0% 544001 -00 OFFICE EQUIP /SOFFWAREMAINT - - - - 0.0% 0.0% MAINTENANCE $ - $ - $ 4,376 $ 4,376 $ - $ - $ - $ - #DIV /01 0.07. 5501 -01-00 ADVERTISING 11.000 5,000 2,010 2,010 5,000 5,000 1,436 1,436 40.2% 28.7% 551001 -00 ASSOC DUES /PUBLICATIONS 1,000 200 3,475 3,475 2,350 3,375 2,460 2,460 1737.5% 72.9% 5512 -01 -00 CONTRACTUAL SERVICES - - - - - - - - 0.0% 0.0% 552501 -00 TRAINING /SEMINARS 2500 11000 - - 11000 11000 - - 0.0% 0.0% 5565-01 -00 LEGAL SERVICES 40,000 40,000 25,322 25,322 10,000' 25,000 7,581 15,000 63.3% 30.3% 5567 -01 -00 AUDIT SERVICES 4,000 4,000 1,500 1,500 1,500 11500 1,500 1,500 37.5% 100.0% 5569 -01 -00 If SUPPORT - - - - - - - - 0.0% 0.0% 557001 -00 SPECIAL SERVICES 78,920 103,420 162,725 162,725 86,036 95,420 126,611 126,611 157.3% 132.7% 557501 -00 EQUIPMENT RENTAL - - 358 358 - - - - #DIV /01 0.0% 5578.01 -00 TRAVEL 6,000 700 122 122 700 700 22 25 17.4% 3.2% 5580 -01 -00 ENGINEERING SERVICES - - - - - - - - 0.0% 0.0% 5585 -01 -00 TELEPHONE SERVICES - - - - - - - - 0.0% 0.0% 5595 -01 -00 ADMIN CHARGE - GENERAL FUND 56,717 52,862 66,200 66,200 58,715 56.488 97,939 125.2% 96.2% SUNDRY $ 200,137 $ 207,182 $ 261,711 5 261,711 $ 165,301 $ 19 58,715 0,710 $196,0 98 $ 244,971 126.3% 102.8% 561001-00 VISUAL GRANT 50,000 - - - - - - - 0.0% 0.0% 561501-00 FUNCTIONAL GRANT - - - - - - - - 0.0% 0.0% 562501 -00 ISSUANCE COST - - - - - 0.0% 0.0% DEBT $ 50,000 $ - $ - $ - S - $ - $ - $ - 0.07. 0.0% 5701 -01 -00 TRANSFER OUT- GENERAL FUND 10,000 11000 - - - - - - 0.0% 0.0% 5714 -01-00 TRANSFER OUT - DEDICATION FUND - - - - - - - - 0.0% 0.0% 5795-01 -00 TRANSFER OUT EDC RESERVE FUND - - - - - 0.0% 0.0% TRANSFERS $ 10,000 $ 1,000 $ - $ - $ - $ - $ - $ - 0.07. 0.07. 5800-01 -00 LAND 25,000 400,000 385,897 385,897 325,000 10,000 293,392 299,842 96.5% 2933.9% 5813-01 -00 KENNEDALE ENTRANCE SIGN 45,000 45,000 - - 45,000 45,000 - - 0.0% 0.0% 5820-01 -00 BUILDING IMPROVEMENT 25,000 369,078 351,004 351,004 15,000 15,000 - - 95.1% 0.0% 587501-00 CONSTRUCTION - 18,644 25,000 0.0% #DIV /01 CAPITAL $ 95,000 $ 814,078 $ 736,900 $ 736,900 $ 3$5,000 $ 70,000 $312,036 $ 324,842 90.57. 445.83. TOTAL EXPENDITURES $ 384,437 $1,046.560 $1,023,996 $1,023,996 $ 571,644 $ 287,760 $530,448 $ 592,661 97.8% 184.3% "EXEMPLIFYING EXCELLENCE" CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES EXPENDITURE LINE REM SUMMARY 15: EDC4B FUND 02: TOWN SHOPPING CENTER FY09.10 FY09 -10 FY09.10 FY09 -10 FY1041 FYI0 -11 FY10.11 FY10.11 FY09.10 FY10.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD % YTD % 5280-02 -00 MINOR EQUIP /SMALL TOOLS<$5K 4,560 4,560 625 625 4,560 4,560 - - 117% 0.0% SUPPLIES $ 4,560 $ 4,560 $ 625 $ 625 $ 4,560 $ 4,560 $ - $ - 13.7% 0.0% 5403-02 -00 BUILDING MAINTENANCE 23,790 23,790 13,528 13,528 17,790 17,790 21,749 21,750 56.9% 122.3% MAINTENANCE $ 23,790 $ 23,790 $ 13,528 $ 13,528 $ 17,790 $ 17,790 $ 21,749 $ 21,750 56.97. 122,3% 5501 -02 -00 ADVERTISING - - - - - - - - 0.0% 0.0% 5510-02 -00 ASSOC DUES /PUBLICATIONS - - - - - - - - 0.0% 0.0% 5512 -02 -00 CONTRACTUAL SERVICES - - - - - - - - 0.0% 0.0% 5530-02-00 ELECTRIC SERVICES 7,800 7,800 2,681 2,681 7,800 7,800 3,209 4,200 34 -4% 41.1% 554502 -00 INSURANCE - PROPERTY - - 3,779 3,779 4,000 4,000 3,401 3,401 #DIV /01 85.0% 556502-00 LEGALSERVICES - - - - - - - - 0.0% 0.0% 5570-02 -00 SPECIAL SERVICES 9,600 9,600 10,137 10,137 6,000 6,000 16,160 16,160 105.6% 269.3% SUNDRY $ 17,400 $ 17,400 $ 16,596 $ 16,596 $ 17,800 $ 17,800 $ 22,770 $ 23,761 95.47. 127.97. TOTAL EXPENDITURES $ 45,750 $ 45,750 $ 30,750 $ 30,750 $ 40,150 $ 40,150 $ 44,519 $ 45,511 67.27. 110.9% "EXEMPLIFYING EXCELLENCE" CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERV ICES EXPENDITURE LINE ITEM SUMMARY 15: EDC46 FUND 04: TEXAS LEVERAGE FUND PROGRAM FY09 -10 FY09.10 FY09 -10 FY09 -10 FY10 -11 FYI041 FYI 0.II FYI0 -II FY0940 FYI0 -11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YID SEP ESTIMATE YID % YTD V. 5615 -0400 FUNCTIONAL GRANT - - - - - - 14,025 14.025 0.0% #DIV /01 5620-04-00 ISSUANCE COSTS 0.0% 0.0% DEBT $ - $ - $ $ - $ - $ $ 14,025 $ 14,025 0.07. #DIV /01 5847 -0300 CONSTRUCTION 0.0% 0.0% CAPITAL $ - $ - S - $ - $ - $ - $ - $ - 0.0% 0.07. $ - $ - $ - $ - $ - $ - $ 14,025 $ 14,025 0.07. #DIV /01 "EXEMPLIFYING EXCELLENCE' CRY OF KENNEDALE, TEXAS ANNUAL PROGRAM Of SERVICES REVENUE /EXPENDITURE LINE REM SUMMARY 19: EDC4B CAPITAL BOND FUND FY09.10 FY09 -10 FY09 -10 FY09 -10 FY10.11 FYID -11 FY10 -I1 FY10.11 FY09 -10 FY10.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD V. YTD% 4401 -00-00 INVESTMENT INCOME CAPITAL BOND FUND 2,278 2,278 500 500 1,274 1,317 #DIV 101 254.8% INVESTMENT EARNINGS $ - $ - $ 2,278 $ 2,278 $ 500 $ 500 $ 1,274 $ 1,317 #DIV 101 254.6% 4913 -00-00 TRANSFER IN- CAPITAL BOND FUND FY09 -10 FY09.10 2,006,635 2,006,635 FY10 -11 FY10.11 FY10 -il FY10.11 - #DIV 101 0.0% TRANSFERS $ - $ - $2,006,635 $2,006,635 $ - $ - $ . $ . #DIV /01 0.0% TOTAL REVENUES $ - $ - $2,008,913 $2,008,913 $ 500 $ 500 $ 1,274 $ 1,317 #DIV /01 254.8% 19: EDC4B CAPITAL BOND FUND 01: TOWN CENTER REDEVELOPMENT FY09 -10 FY09.10 FY09.10 FY09 -10 FY10 -11 FY10.11 FY10 -il FY10.11 FY0940 FYI0.11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD % YTD % 540101 -00 BUILDING MAINTENANCE 0.0% 0.0% MAINTENANCE $ - $ - $ - $ - $ - $ - $ - $ - 0.0% 0.0% 5525-01 -00 TRAINING /SEMINARS - - 40 40 - - - - #DIV /01 0.0% 5570 -01 -00 SPECIALSERVICES - - 157,725 157,725 - - 15,400 15,400 #DIV /01 #DIV /01 5579 -01 -00 ARCHITECT /DESIGN SERVICES - - 19,422 19,422 - - 37,217 48,000 #DIV 101 #DIV /01 5580-01 -00 ENGINEERING SERVICES 33,622 33,622 28,143 28,143 47,755 47,755 #DIV 101 169.7% SUNDRY $ - $ - $ 210,809 $ 210,809 $ 28,143 $ 28,143 $ 100,371 $ 111,155 #DIV /01 356.6% 5800-01 -00 LAND - - 61678 6,678 - - 7,558 7,558 #DIV 101 #DIV /01 5847 -01 -00 CONSTRUCTION 512,076 512,076 234,524 234,524 708,600 765,500 #DIV /01 302.1% CAPITAL $ - $ - $ 518,754 $ 518,754 $ 234,524 $ 234,524 $ 716,157 $ 773,058 #DIV /01 305.4% TOTAL EXPENDITURES $ - $ - $ 729,562 $ 729,562 $ 262,667 $ 262,667 $ 816,529 $ 884,213 #DIV /01 310.9% 'EXEMPLIFYING EXCELLENCE' CITY OF KENNEDALE, TEXAS ANNUAL PROGRAM OF SERVICES REVENUE /EXPENDITURE LINE ITEM SUMMARY 95: EDC4B RESERVE FUND 95: EDC4B RESERVE FUND FY09.10 FY09.10 fY09.10 FY09 -10 FY10.11 FY10 -I1 FY10 -II PYI0 -lI FY09 -10 FYI0 -T1 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD% YTD% 5715 -00-00 TRANSFER OUT -EDC FUND - 0.0% 0.0% TRANSFERS $ - $ - $ - $ - $ - $ - $ - $ - 0.0% 0.0% TOTAL EXPENDITURES 0.07. 0.07. 'EXEMPLIFYING EXCELLENCE" FY09 -10 FY09 -10 FY09 -10 FY09 -10 FY10 -11 FY10 -11 FY10 -11 FY10 -11 FY09 -10 FY10 -11 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTDSEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE 'YTD% YTD% 4401 -00-00 INVESTMENT INCOME 1,920 1,920 201 219 500 500 121 130 10.5% 24.2% INVESTMENT EARNINGS $ 1,920 $ 1,920 $ 201 $ 219 $ 500 $ 500 $ 121 $ 130 10.5% 24.2% 491500 -00 TRANSFER IN -EDC FUND - - - - - - - - 010% 0.0% 4920 -00-00 TRANSFER IN 0.0% 0.0% OTHER AGENCY $ - $ $ $ - $ - $ - $ - $ - 0.0% 0.0% TOTAL REVENUES $ 1,920 $ 1,920 $ 201 $ 219 $ 500 $ 500 $ 121 $ 130 10.57. 24.2% 95: EDC4B RESERVE FUND FY09.10 FY09.10 fY09.10 FY09 -10 FY10.11 FY10 -I1 FY10 -II PYI0 -lI FY09 -10 FYI0 -T1 ACCOUNT ACCOUNT NAME BUDGET AMENDED YTD SEP ACTUAL BUDGET AMENDED YTD SEP ESTIMATE YTD% YTD% 5715 -00-00 TRANSFER OUT -EDC FUND - 0.0% 0.0% TRANSFERS $ - $ - $ - $ - $ - $ - $ - $ - 0.0% 0.0% TOTAL EXPENDITURES 0.07. 0.07. 'EXEMPLIFYING EXCELLENCE"