Aug 15, 2022 Community Services Corp. (Type B)

SO I WILL CALL THE ORDER OF THE MEETING OF THE 4 A 4 B COMMUNITY SERVICES CORPORATION AT THIS TIME.

[1. Call to Order]

[00:00:09]

I HAVE THAT ON MY AGENDA HERE.

I SEE NO ONE.

NO SPEAKER CARDS.

ALL RIGHT, THEN. SO THEN THE FIRST ITEM TO BE 3A TO CONSIDER APPROVAL OF THE MINUTES FROM THE APRIL 4TH CSC TYPE B BOARD MEETING.

[3A. Consider approval of the minutes from the April 4, 2022 Community Services Corporation (Type B) Board meeting. (Staff Contact: Amanda Campos, City Secretary)]

THIS WILL BE A VERBAL VOTE AND A HAND VOTE.

WE WON'T BE USING THE VOTING MACHINES ON THIS ONE.

THE MOTION TO APPROVE THE MOTION FROM FLETCHER TO APPROVE IN A SECOND FROM JOHNSON.

ALL THOSE IN FAVOR, PLEASE SIGNIFY.

I SEE ALL HANDS RAISED UNOPPOSED, SO THAT PASSES BY UNANIMOUS VOTE.

NEXT ITEM ON OUR AGENDA IS ITEM 3B TO CONSIDER APPROVAL OF A RESOLUTION ADOPTING THE BURLESON COMMUNITY SERVICE DEVELOPMENT CORPORATION FISCAL YEAR

[3B. Consider approval of a resolution adopting the Burleson Community Service Development Corporation FY2022-2023 annual budget. (Staff Presenter: Martin Avila, Finance Director)]

THIS WILL BE PRESENTED BY MARTIN AVILA.

THANK YOU, PRESIDENT MCCLENDON AND BOARD MEMBERS.

THIS ITEM IS PRESENTING THE BUDGET FOR THE 4B COMMUNITY SERVICES CORPORATION FOR FISCAL YEAR 2023.

SO ONE OF THE THINGS THAT I WANT TO KIND OF TALK ABOUT WAS IN AUGUST 4TH, CITY MANAGER PRESENTED THE PROPOSED BUDGET FOR THE CITY DURING A SPECIAL SESSION TO THE COUNCIL.

AND SO WITHIN THERE INCLUDED THE 4B AND WHAT I WANTED TO DO IS KIND OF TALK ABOUT SPECIFICALLY THE 4B COMMUNITY DEVELOPMENT CORPORATION.

SO IN REGARDS TO THE BUDGET, THE PROPOSED BUDGET IS APPROXIMATELY $9 MILLION.

A BIG CHUNK OF THAT $9 MILLION IS A $2 MILLION ADDITION FOR THE ANNEXATION OF THE PARKS SERVICE CENTER THAT IS INCLUDED IN THERE AS WELL.

THAT'S PART OF THE BIG THE BIG PART OF WHY IT'S GROWN FROM WHAT IT'S BEEN TO THE $9 MILLION SALES TAX REVENUE CONTINUES TO GROW.

IT'S WE'RE PROJECTING ABOUT $7.1 MILLION FOR THE END OF THIS PARTICULAR YEAR.

WE'RE PROJECTING ABOUT MAYBE ABOUT 12% INCREASE IN SALES TAX AND A CUMULATIVE 3% GOING FORWARD PER YEAR FUND BALANCE WILL BE AT ABOUT 3.7 MILLION IS WHAT WE'RE PROJECTING BASED UPON THE BUDGET AND THE PROPOSED BUDGET FOR 4B INCLUDES 1.3 MILLION CURRENTLY IN DEBT SERVICE, $376,000 FOR THE GOLF DEBT SERVICE.

I THINK WE HAVE ABOUT TWO MORE YEARS LEFT IN THAT PARTICULAR PAYMENT, $566,000 FOR ECONOMIC DEVELOPMENT INCENTIVES.

A BIG CHUNK OF THAT IS ALLEY CATS.

AND THEN WE ALSO HAVE, AGAIN, THE $2 MILLION FOR THE SERVICE CENTER EXPANSION, $3.1 MILLION IN PARKS, PERFORMANCE OPERATIONS, AND THEN ANOTHER $728 FOR THE SUBSIDY FOR THE GOLF OPERATIONS.

AND AGAIN, IT KIND OF SHOWS THE THE 4B FINANCIAL OVERVIEW OVER A FIVE YEAR PERIOD.

SO AGAIN, IT DOES CONTINUE TO BE OVER 20% AND EVENTUALLY IT DOES CONTINUE TO GO UP WHEN YOU PASS THAT FIFTH YEAR GOING FORWARD.

THIS IS KIND OF A 4B SUMMARY OF HOW IT'S GOING TO BE PRESENTED IN THE BUDGET.

AND AGAIN, YOU GOT PERSONNEL SERVICES, A LITTLE BIT MORE DETAIL IN REGARDS TO WHAT WHAT WE PRESENT IN THE FIVE YEAR PROJECTIONS.

BUT YOU GOT PERSONNEL SERVICES, YOU GOT THREE FTES CURRENTLY BEING PAID OUT OF THE [INAUDIBLE] YOU GOT TWO FTES CURRENTLY BEING PAID OUT OF THE THE 4B IT IS IT IS THE DIRECTOR AN ADMINISTRATIVE POSITION IN THERE AS WELL.

SO THERE'S TWO POSITIONS IN THERE.

YOU HAVE THE MAINTENANCE AND REPAIRS THAT WANT TO MAKE SURE THAT I SEE THIS.

OK, AND THEN SO YOU HAVE YOUR 4B, YOU GOT YOUR GENERAL FUND ADMINISTRATION COST, YOU HAVE YOUR GOLF AND PARKS PERFORMANCE SUBSIDIES, YOU GOT ECONOMIC INCENTIVES AND AGAIN, YOU HAVE THE CAPITAL OUTLAY FOR THE PARKS EXPANSION.

SO THAT KIND OF GIVES YOU A LITTLE BIT MORE DETAIL OF WHAT THAT OF WHAT THAT BUDGET'S GOING TO LOOK LIKE.

DO YOU ALL HAVE ANY QUESTIONS IN REGARDS TO THAT? WHAT HAPPENS TO MAINTENANCE REPAIR IN THE BUDGET? IT'S GONE. ONE OF THE THINGS THAT THAT WE DID WITH THIS YEAR IS THERE WAS THERE WAS A RIGHT OF WAY MAINTENANCE PROCESS OR CONTRACT THAT WAS INCLUDED IN THERE. AND AS WE FURTHER REVIEWED IT WITH LEGAL, THEY FELT THAT THE RIGHT OF WAY WAS NOT AN ALLOWABLE COST WITHIN WITHIN THE 4B. SO WHAT WE DID IS WE MOVED THE RIGHT OF WAY.

WE KIND OF MOVED OR.

[00:05:01]

SO WE KIND OF DID A ROTATION THERE BETWEEN THE TWO.

WITHIN WITHIN THE ALSO AS PART OF THE CAPITAL IMPROVEMENT PLAN, THE 4B FUND CURRENTLY WE'RE PROJECTING ABOUT $25.1 MILLION IN NEW DEBT ISSUANCES FOR PARKS RELATED PROJECTS OVER THE NEXT FIVE YEARS AS PART OF THE CIP PLAN.

IT KIND OF GIVES YOU A LOT OF INFORMATION IN REGARDS TO ALL THE PROJECTS THAT WERE PRESENTED DURING THE DURING THE 4B AND THE PARKS REVIEW.

AND AGAIN, THESE ARE ALL THE PROJECTS THAT ARE BEING LOOKED AT OVER THE NEXT FIVE YEARS.

AND AGAIN, YOU COULD SEE IN THE BOTTOM IN REGARDS TO THE DEBT SELL, IT'S ABOUT 25.1 MILLION, OF WHICH CURRENTLY IN 2023, WE'RE GOING TO BE ISSUING ABOUT $14 MILLION.

SO THAT WILL BE A NEXT YEAR'S DEBT ISSUANCE FOR PARKS RELATED PROJECTS.

THE NEXT STEP IS ON SEPTEMBER 6TH, COUNCIL WILL HAVE THE FIRST PUBLIC HEARING, THE PUBLIC HEARING ON THE BUDGET AND TAX RATE AND THE FIRST READING OF THE BUDGET AND TAX RATE ORDINANCE.

AND SEPTEMBER 12TH WILL BE THE SPECIAL MEETING FOR THE FINAL READING OF THE ORDINANCES TO APPROVE THE BUDGET AND THE TAX RATE.

AND IF YOU HAVE ANY ADDITIONAL QUESTIONS AT THIS STAGE, I WILL TRY VERY HARD TO ANSWER . MEMBERS QUESTIONS. OK.

I BELIEVE WE HAVE NO QUESTIONS.

THE BUDGET LOOKS REASONABLE TO ME IN LINE WITH WHAT WE'VE DIRECTED AND THE WAY WE'VE OUTLINED THINGS.

SO I'LL TAKE A MOTION.

MOTION BY GREEN. SECOND BY FLETCHER.

TO APPROVE ALL THOSE IN FAVOR, PLEASE SIGNIFY.

AND I SEE ALL HANDS RAISED.

SO THAT ITEM PASSES BY UNANIMOUS VOTE.

THAT BRINGS US TO ITEM NUMBER FOUR.

THANK YOU, MARTIN. ITEM NUMBER FOUR IS REQUEST FOR FUTURE AGENDA ITEMS. DOES ANY MEMBER HAVE A REQUEST FOR ANYTHING FOR THE 4B CORPORATION TO TAKE UP TO THE NEXT MEETING? SEEING NONE HAVE WE A NEED FOR EXECUTIVE SESSION? WE DO NOT. THEREFORE, WE WILL ADJOURN THE MEETING OF THE TYPE B CORPORATION AT 4:08.

THANK YOU.

* This transcript was compiled from uncorrected Closed Captioning.