I'M GOING TO START THIS MEETING AT 5:30. I'M GOING TO CALL IT THE ORDER. [00:00:07] WE DO HAVE A QUORUM, SO BARELY. BUT WE GOT ONE. I WANT TO, I WOULD LIKE TO INVITE JERRY LOW WITH THE HEIGHTS CHURCH TO SAY OUR PRAYER TONIGHT. WOULD EVERYBODY PLEASE STAND FOR OUR PRAYER AND ALSO OUR PLEDGE? LET'S PRAY. HEAVENLY FATHER, WE JUST HONOR YOU. THANK YOU FOR YOUR GOODNESS AND MERCY TOWARDS US JUST IN THE. THANK YOU FOR THE LOVE YOU'VE GIVEN US AND YOUR SON JESUS. WE JUST ASK YOUR BLESSINGS OVER THIS ASSEMBLY TODAY. GIVE EACH ONE WISDOM AND GRACE AS THEY WORK TOGETHER JUST TO SERVE THE COMMUNITY. HELP THEM TO FIND COMMON GROUND WHERE THERE'S DIFFERENCES OF OPINION, AND TO MOVE FORWARD IN BLESSING AND MEETING THE NEEDS OF THE CITIZENS OF BURLESON. IT'S IN JESUS NAME I PRAY. AMEN. THANK YOU, MAYOR AND COUNCIL. THAT BRINGS US TO SECTION TWO PUBLIC PRESENTATIONS THIS EVENING. 2.A AND 2.B. WE HAVE NO PUBLIC PRESENTATIONS OR PROCLAMATIONS. VERY RARE OCCASION FOR US. THAT WILL MOVE US ON TO 2.C, COMMUNITY INTEREST ITEMS. THANK YOU MAYOR AND COUNCIL. THAT WILL BRING US TO SECTION 3, CHANGES TO THE POSTED AGENDA. [3. CHANGES TO POSTED AGENDA] 3.A IS ITEMS TO BE CONTINUED OR WITHDRAWN, AND 3.B IS ITEMS TO BE WITHDRAWN FROM THE CONSENT AGENDA FOR SEPARATE DISCUSSION BY THE CITY COUNCIL STAFF OR MEMBERS OF THE PUBLIC IN ATTENDANCE. I DO BELIEVE WE DO HAVE A CHANGE TO THE AGENDA BY CITY MANAGER LUDWIG. YES, MADAM SECRETARY, COULD WE PLEASE MOVE ITEM 6.B TO CONSENT? THANK YOU. FOR THE RECORD, I'LL READ 6.B RIGHT NOW SO WE KNOW THAT IT'S ADDED TO CONSENT. 6.B IS TO CONSIDER AND TAKE POSSIBLE ACTION ON AN ORDINANCE AMENDING THE CITY'S FEE SCHEDULE ORDINANCE FOR FISCAL YEAR 2025-26 BY AMENDING FEES ASSOCIATED WITH SPORTS FIELDS RENTALS. THIS IS BEFORE CITY COUNCIL ON FIRST READING. [4. CITIZENS APPEARANCES] THAT MOVES US ON TO SECTION 4, CITIZENS APPEARANCE. EACH PERSON IN ATTENDANCE WHO DESIRES TO SPEAK TO THE CITY COUNCIL ON AN ITEM NOT POSTED ON THE AGENDA SHALL SPEAK DURING THIS SECTION. SPEAKER CARD MUST BE FILLED OUT AND TURNED INTO THE CITY SECRETARY PRIOR TO ADDRESSING THE THE CITY COUNCIL, AND EACH SPEAKER WILL BE ALLOWED THREE MINUTES. EACH SPEAKER IN ATTENDANCE, WHO DESIRES TO SPEAK TO THE CITY COUNCIL ON AN ITEM POSTED ON THE AGENDA, SHALL SPEAK WHEN THAT ITEM IS CALLED FORWARD FOR CONSIDERATION THIS EVENING. WE DO HAVE ONE SPEAKER CARD. BILL JANUSCH. BILL JANUSCH, 117 NORTHEAST CLINTON. I'M GOING TO SPEAK ABOUT SOMETHING I'VE TALKED ABOUT SEVERAL TIMES IN THE PAST OVER THE LAST SIX YEARS. I THINK IT'S BEEN IGNORED, AND IT'S KIND OF A DISHEARTENING. BUT LET ME START OFF WITH THE DEFINITION BARE MINIMUM, THE ABSOLUTE LOWEST AMOUNT OF EFFORT OR QUANTITY AND THEN DO NOTHING IS CONTRIBUTING, CONTRIBUTE NOTHING MORE THAN A CAUSE TO CAUSE OR EFFECT, RESULTING IN TOTAL INACTION. WHAT I'M TALKING ABOUT IS HANDICAPPED PARKING IN OLD TOWN. I HAD ANOTHER CUSTOMER WANTED TO TAKE HER GRANDKIDS TO THE LITTLE CARNIVAL THING. OVERWEIGHT, BAD KNEES, BAD HIPS, ALL THAT STUFF. COULDN'T GET A PARKING SPOT CLOSE. HER GRANDKIDS WERE UPSET. SHE CRIED. CALLED HER DAUGHTER AND SON IN LAW TO SEE WHO COULD MAKE IT THERE FIRST. THE KIDS WERE UPSET. THOUGHT GRANDMA WAS BEING MEAN TO THEM. DIDN'T LOVE HIM ANY MORE OR WHATEVER. THEY GOT THERE. IT WAS DARK. THEY HAD A BLAST. BUT STILL SHE WAS UPSET. WHEN YOU CLOSE OFF THE CITY STREETS LIKE THAT, YOU LOSE ALL THE HANDICAPPED PARKING. I DROVE AROUND AGAIN TODAY, COUNTED UP THE SPACES. TEN SQUARE BLOCKS. YOU GOT 38 HANDICAPPED SPOTS. I DON'T KNOW WHO'S FRIENDS WITH WHO. THAT HAD 11 SPACES SITTING IN THE MIDDLE OF THE PARKING LOT ON MAIN STREET. SO IMAGINE SOMEBODY IN A WHEELCHAIR OR SOMEBODY THAT'S CRIPPLED UP OR WHATEVER REASON, HAVING A CROSS. YOU ALL SEEN HOW JAM PACKED IT GETS UP THERE. SOMEBODY'S GOING TO GET RUN OVER. IT'S SOMEBODY DOING SOMETHING A FAVOR TO HAVE 11 SPACES IN THE MIDDLE OF THE PARKING LOT. ONE OF THEM'S LIKE, IN THE MIDDLE OF A COUPLE EMPTY LOTS. KIND OF A JOKE. AND I'M NOT DOING THIS TO PICK ON YOU GUYS. I'M JUST. LAST TIME I SPOKE WAS JANUARY 2024 ON THIS. NOTHING'S BEEN DONE. BARE MINIMUM. AND THEN DOING NOTHING. [00:05:04] AND LIKE I SAID, IT'S NOT ON YOU. BUT NOTHING'S BEEN DONE. SO IT IS THE 38 SPACES IS BAD. LIKE I SAID, 11 IN THE MIDDLE OF THE PARKING LOT. SOMEONE MIGHT SAY, WHICH I KNOW COUNCIL CAN ONLY THEY ONLY HAVE TO PARK 20FT OUT HERE. I KNOW WHY YOU GUYS DO. IT'S A PERK. I'M OLD. YEAH, BUT 20FT. BUT THERE'S A LOT OF OTHER OLD PEOPLE. AND WHAT DO THEY GET? BLOCKS AWAY IF THEY CAN. DO YOU EVER WONDER WHY THERE'S NO HANDICAPPED PEOPLE HERE? THEY DON'T FEEL WELCOME. THEY FEEL, YOU KNOW, NEGLECTED. AND I KNOW YOU HEAR IT, IT'S ON FACEBOOK. AND THEY'VE SPOKEN HERE BEFORE. I'VE HEARD IT AND I'VE TALKED TO THEM AND STUFF. LIKE I'VE WALKED SOME OF THEM OUT TO THEIR CARS IN THE PAST. WHAT I'M ASKING FOR IS TEN ADDITIONAL SPACES ABOVE AND BEYOND WHAT ALREADY EXIST AND WHAT ALREADY IS PLANNED. TEN MORE. DO YOU HAVE A LOCATION? NO, NO, THAT'S NOT MY DEAL. I MEAN, IF I PICKED THEM, THE FIRST THING I WOULD DO IS I TAKE THE SPACES OUT THERE ON MAIN STREET, AND I'D PULL THEM TO THE FRONT. THAT'S NOT GOING TO HAPPEN. RIGHT, RIGHT. IT WON'T BECAUSE SOMEBODY'S FRIENDS OR SOMETHING OWN IT. AND THEY WANT THEIR BUSINESSES, YOU KNOW, THEIR PEOPLE, PATRONS. BUT TEN SPACES, YOU GUYS, I TRUST YOU GUYS. AND I KNOW TOMMY PROBABLY HAS THE POWER TO DO THIS ON HIS OWN. I WOULD PERSONALLY NEVER WANT HIM TO GO ABOVE COUNCIL. YOU GUYS GOT A GOOD WORKING RELATIONSHIP AND I'M JUST ASKING FOR TEN. I'D LIKE TO SEE 20, BUT TEN MORE ABOVE AND BEYOND THREE MINUTES. THANK YOU. APPRECIATE IT. FIND ME SOME LOCATIONS. IS THERE ANYBODY ELSE IN THE AUDIENCE WHO WOULD LIKE TO ADDRESS THE CITY COUNCIL ON AN ITEM NOT LISTED ON TONIGHT'S AGENDA? HELLO. I DO AGREE OLD TOWN SHOULD HAVE MORE HANDICAP PARKING. I WAS THE BAR MANAGER AT OLD TEXAS FOR A LONG TIME, AND WE HAD A LOT OF STRUGGLES WITH THAT. GOOD EVENING. MY NAME IS AUBREY WALLACE. I WAS BORN AND RAISED IN BURLESON, TEXAS. I'M A LOCAL MUSICIAN, SINGER SONGWRITER. I REPRESENT THE CITY'S. I APPRECIATE I'M SORRY. I APPRECIATE THE CITY'S INVESTMENT IN COMMUNITY EVENTS LIKE THE SUMMER. I THINK THAT LIVE MUSIC BRINGS PEOPLE TOGETHER AND THAT THERE'S SOMETHING WORTH CELEBRATING. MY QUESTION IS THAT WHY AREN'T MORE BURLESON ARTISTS REPRESENTING THE STAGE WAS SOMETHING THAT I HAD BEEN REACHING OUT FOR THE PAST YEAR TO MARTINEZ AND JOHNNY ABOUT. SO I WANTED TO COME HERE TONIGHT. I DIDN'T KNOW UNTIL LIKE AN HOUR AGO. I'M SORRY. I'M NOT PREPARED MAYOR. SO I THINK WE HAVE LOCAL TALENT HERE THAT WE SHOULD REPRESENT ON THAT STAGE. AND THAT'S ALL I WANTED TO SAY, SO. THANK YOU. THANK YOU. IS THERE ANYBODY ELSE IN THE AUDIENCE WHO WOULD LIKE TO ADDRESS THE CITY COUNCIL ON ITEM NOT LISTED ON THE AGENDA? THANK YOU, MAYOR AND COUNCIL. THAT BRINGS US TO SECTION 5, CONSENT AGENDA. [5. CONSENT AGENDA] HOWEVER, PRIOR TO TAKING ACTION ON THE CONSENT AGENDA, I WOULD LIKE TO MAKE A NOTE OF THE AGENDA 5.D LIST TO HOLD A PUBLIC HEARING. AT THIS TIME THERE IS NO PUBLIC HEARING, BUT IF THERE IS SOMEBODY IN THE AUDIENCE WHO WOULD LIKE TO SPEAK ON 5.D, WHICH IS AMENDING CHAPTER 54, ARTICLE VIII, REGULATIONS OF SEX OFFENDER REGISTRY, THEY CAN COME FORWARD AT THIS TIME AND SPEAK. OKAY. WE'LL CONTINUE WITH THE WITH THE CONSENT AGENDA. THE CONSENT AGENDA TONIGHT CITY COUNCIL IS CONSISTS OF ITEMS 5.A THROUGH 5.H, AND NOW WITH THE ADDITION OF 6.B. IS THERE A MOTION ON THE CONSENT AGENDA? I MAKE A MOTION TO APPROVE THE CONSENT AGENDA 5.A THROUGH 5.H, INCLUDING 6.B. HAVE A MOTION BY LARRY, A SECOND BY DAN PLEASE VOTE. I HAVE FOUR IN FAVOR AND THREE ABSENT. IT PASSES. THANK YOU MAYOR AND COUNCIL, THAT BRINGS US TO SECTION SIX GENERAL. [6.A.Consider and take possible action on an ordinance amending the text within the City’s Code of Ordinances Chapter 70, Article V “Public Events” to add “filming productions” to the list of permitted events within the city. (First Reading) (Staff Contact: Alex Philips, Economic Development Director)] 6.A IS TO CONSIDER AND TAKE POSSIBLE ACTION ON AN ORDINANCE AMENDING THE TEXT WITHIN THE CITY'S CODE OF ORDINANCES. CHAPTER 70, ARTICLE V, PUBLIC EVENTS, TO ADD FILMING PRODUCTIONS TO THE LIST OF PERMITTED EVENTS IN THE CITY. THIS IS BEFORE CITY COUNCIL ON FIRST READING. THE STAFF PRESENTED THIS EVENING IS ALEX PHILLIPS, ECONOMIC DEVELOPMENT DIRECTOR. MR. PHILLIPS. THANK YOU, MISS CAMPOS. GOOD EVENING, MAYOR AND COUNCIL HERE FOR AN ORDINANCE AMENDMENT WITH OUR PUBLIC EVENTS ORDINANCE. THE SUMMARY OF THE REQUEST. WE'RE IN THE FINAL STAGES OF BEING NAMED A FILM FRIENDLY TEXAS COMMUNITY. ON THE, WITH THE GOVERNOR'S OFFICE AND THE ECONOMIC DEVELOPMENT OFFICE AND TOURISM, THE TEXAS FILM COMMISSION'S FILM FRIENDLY TEXAS PROGRAM CONNECTS MEDIA INDUSTRY [00:10:04] PROFESSIONALS WITH COMMUNITIES THAT ARE INTERESTED AND WILLING TO WELCOME FILM PRODUCTIONS INTO THEIR CITIES. PARTICIPATION IN THIS PROGRAM SENDS A CLEAR MESSAGE TO THE MEDIA INDUSTRY PROFESSIONALS THAT WE'RE SERIOUS ABOUT ATTRACTING THEIR BUSINESS. AN ORDINANCE AMENDMENT IS NECESSARY JUST TO ADD FILMING PRODUCTIONS TO THE LIST OF PUBLIC EVENTS ALLOWABLE WITHIN THE CITY. OUR CERTIFICATION STEPS THAT WE'VE BEEN THROUGH, WE'VE ATTENDED "HOW TO BECOME A FILM FRIENDLY TEXAS CERTIFIED COMMUNITY" WORKSHOP THAT'S HOSTED BY THE FILM COMMISSION. WE'VE SUBMITTED, FIVE PREFERRED FILMING LOCATIONS WITHIN THE COMMUNITY. WE SUBMITTED BAILEY LAKE, RUSSELL FARM, OLD TOWN, WHISTLEJACKET FARM AND LOST OAK WINERY. THERE'S MANY MORE IN THE CITY, BUT WE WERE ONLY ALLOWED TO SUBMIT FIVE. WE DID HAVE AN INTERVIEW WITH THE TEXAS FILM COMMISSION. AND THEN THIS IS THE LAST STEP IS JUST TO PASS ADMINISTRATIVELY AN ENFORCEABLE FILMING GUIDELINES, ACCORDING TO OUR SPECIAL EVENTS ORDINANCE. NEIGHBORING NORTH CENTRAL TEXAS COMMUNITIES THAT ARE FILM FRIENDLY. THERE'S ONLY FIVE OF THEM BASICALLY WITHIN THE DFW METRO AREA ARLINGTON, FORNEY, MANSFIELD, MCKINNEY AND ROANOKE. SO BURLESON WILL BE ADDED TO THAT LIST IF WE PASS THE AMENDMENT ORDINANCE TONIGHT. THE APPROVAL PROCESS, THE FILM PROJECT APPROVALS WITH THE CITY WOULD FOLLOW THE SAME AS IT DOES PUBLIC EVENT POLICY GUIDELINES AND PROCEDURES. CONSIDERATIONS OF THE FOLLOWING WOULD BE MADE DURING THE APPROVAL PROCESS OF THAT SPECIAL EVENT COMMITTEE. PERMIT REQUIRED REQUIREMENT IF IT'S PUBLIC PROPERTY OR FEE WAIVERS OR STREET CLOSURES, USE OF CITY OWNED PROPERTY EQUIPMENT AND OR PERSONNEL. LIMITATIONS ON HOURS OF FILMING NOTIFICATION TO ADJACENT PROPERTIES, DAMAGE TO PUBLIC PRIVATE PROPERTY, THOSE WILL ALL BE PART OF THE COMMITTEE'S REQUIREMENTS WHEN THEY ARE REVIEWING A PROJECT. FILM PROJECTS WILL COMPLETE THE EXISTING PUBLIC EVENTS PERMIT APPLICATION AND BE REVIEWED BY THAT INTERNAL EVENTS COMMITTEE. AND IF IT NEEDS TO COME TO CITY COUNCIL, IF IT'S WARRANTED, THEN IT WOULD COME TO CITY COUNCIL FOR APPROVAL, ESPECIALLY FOR STREET CLOSURES OR PUBLIC USE. LAST YEAR WE WERE, WE RECEIVED THE TOURISM FRIENDLY CERTIFICATION THIS YEAR. OUR HOPES IS TO ACHIEVE THE FILM FRIENDLY TEXAS CERTIFICATION, AND OUR NEXT GOAL WOULD BE GOING AFTER THE TEXAS MUSIC FRIENDLY CERTIFICATION FOR THE COMMUNITY. SO OUR RECOMMENDATION IS TO MOVE TO APPROVE A RESOLUTION AMENDING THE TEXT FOR THE TO ADD FILM PRODUCTIONS TO THE LIST OF PERMITTED EVENTS WITHIN THE CITY. SO HERE TO ANSWER ANY QUESTIONS. ANY QUESTIONS FOR ALEX? IS THERE A MOTION ON THIS? MOTION I HAVE A MOTION BY DAN A SECOND BY LARRY. PLEASE VOTE. THANK YOU. PASSES WITH FOUR VOTES, THREE ABSENT. MAYOR AND COUNCIL. I WOULD LIKE TO MAKE A NOTE THAT LAST SLIDE SAID TO APPROVE THE RESOLUTION. THIS IS ACTUALLY AN ORDINANCE BEFORE THE CITY COUNCIL. SO THIS IS THE FIRST READING. SO YOU'LL SEE THIS COME AGAIN AT THE NEXT JUNE MEETING FOR FINAL APPROVAL. WE'VE ALREADY DISPENSED OF 6.B ON THE CONSENT AGENDA. [7.A.Receive a report, hold a discussion, and provide staff direction regarding the budget calendar, tax rate, capital improvement program, and 5-year forecast for the General Fund, Water and Wastewater Fund, 4A Fund, 4B Fund, (In combination with Golf Fund, Park Performance Funds, Bartlett Park Soccer Complex Fund, and Chisenhall Sport Complex Fund), and TIF2 Fund (Tax Increment Financing) (Staff Contact: Mark Davies, Finance Director, Presenting: Kevin Hennessey, Deputy Director of Finance, Randy Morrison, Capital Engineering Director)] SO THAT MOVES US TO SECTION 7, REPORTS AND PRESENTATIONS. 7.A IS TO RECEIVE A REPORT, HOLD A DISCUSSION AND PROVIDE STAFF DIRECTION REGARDING THE BUDGET CALENDAR, TAX RATE, CAPITAL IMPROVEMENT PROGRAM AND A FIVE-YEAR FORECAST FOR THE GENERAL FUND, WATER AND WASTEWATER FUND, 4A, 4B, AND TIF2 FUND. THE STAFF PRESENTERS TONIGHT WILL HAVE TWO. THE FIRST PRESENTER IS KEVIN HENNESSY, DEPUTY DIRECTOR OF FINANCE. AFTER KEVIN OR IN TAG TEAM FORMAT, RANDY MORRISON, CAPITAL IMPROVEMENT DIRECTOR. GOOD EVENING, MAYOR AND COUNCIL. THANK YOU AMANDA. AS MENTIONED, WE'RE HERE TO DISCUSS SEVERAL THINGS RELATED TO THE FY 26-27 BUDGET AND CAPITAL IMPROVEMENT PROGRAM HERE AT THE CITY. SO THIS IS THE LIST OF THINGS THAT WE WILL TAKE A LOOK AT. WE'LL LOOK AT A FEW OF OUR CALENDARS. WE'LL LOOK AT THE BUDGET CALENDAR, VOTE APPROVAL CALENDAR, LOOK AT THE DEBT ISSUANCE AT THE END AFTER WE HEAR THE CIP UPDATE FROM RANDY, LOOK AT SOME TAX STRATEGIES, AND THEN WE'LL DIVE INTO THE FIVE YEAR FORECAST FOR OUR MAJOR FUNDS. AND THEN I'LL STEP ASIDE. YOU GET A BREAK FROM ME AND YOU CAN HEAR RANDY PRESENT THE CIP, AND THEN I'LL COME BACK TO TALK ABOUT THAT DEBT ISSUANCE CALENDAR THAT I MENTIONED A FEW MOMENTS AGO. [00:15:03] SO WITH THAT, SO OUR BUDGET CALENDAR, WE KICK OFF OUR BUDGET FORMALLY WITH THE CITY. IN MARCH WE HAD OUR BUDGET KICKOFF EVENT. WORKING ON SOME THINGS PRIOR TO THAT, BUT THAT'S WHEN WE, WE TRULY OPEN UP BASE BUDGET AND SUPPLEMENTAL REQUESTS. AND SO DEPARTMENTS HAVE DONE THAT. WE'VE HAD OUR MEETINGS WITH THE CITY MANAGER. SO WE'RE STILL EARLY IN THE PROCESS, BUT THIS IS OUR CALENDAR FROM TONIGHT THROUGHOUT THE SUMMER, SO, EXCUSE ME. FOR OUR NORMAL PROCESS WE BRING THE FIVE-YEAR FORECAST FOR OUR MAJOR AND MINOR FUNDS AND LOOK AT THE CIP IN THE MONTH OF JUNE. IN JULY, WE'LL BEGIN DISCUSSIONS WITH THE FINANCE COMMITTEE AND THEN COUNCIL ABOUT SUPPLEMENTAL REQUESTS. AND THEN WE RECEIVE THOSE ROLES FROM THE CADS, THE CENTRAL APPRAISAL DISTRICTS ON THE 25TH. THAT'S THE DEADLINE ANNUALLY. AND THEN IN AUGUST, WE'LL SUBMIT THE PROPOSED BUDGET. WE'LL COME AND PRESENT THAT PROPOSED BUDGET. AND THEN WE HAVE OUR HEARINGS AND ADOPT THE BUDGET IN THE MONTH OF SEPTEMBER. SO THAT'S OUR NORMAL CADENCE. AND WE'LL WE'LL CONTINUE ON WITH THAT THIS YEAR. THAT'S OUR PLAN CALENDAR. SO THAT BEING SAID, WITH THE VOTER APPROVAL RATE, SO THE BUDGET AND THE TAX RATE ADOPTION COMES WITH A LOT OF REQUIREMENTS AND EXPECTATIONS AND TIMELINES THAT ARE GIVEN TO US BY THE STATE. AND SO WITH CITIES THAT HAVE A POPULATION OF OVER 30,000, IF YOU ADOPT A TAX RATE THAT EXCEEDS 3.5% OR EXCEEDS THE VOTER APPROVAL RATE, WHICH IS 3.5% ABOVE THE NO NEW REVENUE RATE, PLUS A FEW THINGS. WE'LL DISCUSS THAT CALCULATION LATER THIS EVENING. THE MUNICIPALITY MUST CALL AN ELECTION AT THE NOVEMBER UNIFORM ELECTION DATE. AND SO DEPENDING ON THE DIRECTION THE COUNCIL GOES WITH THE TAX RATE DRAMATICALLY CAN IMPACT OUR CALENDAR FOR BUDGET ADOPTION AND TAX RATE ADOPTION ONCE WE GET TO THE JULY THROUGH SEPTEMBER TIMELINE. AND IF WE DO INTEND TO MOVE ABOVE THE VOTER APPROVAL RATE, THAT WILL CHANGE A LOT OF THE DEADLINES AND CALENDAR THAT WE JUST DISCUSSED. AND SO HERE IS A SNAPSHOT LOOK AT WHAT THE IMPACT IS. IF YOU LOOK ON THE, THE FIRST COLUMN KIND OF DESCRIBES THE ITEM. THE SECOND COLUMN WILL SHOW US IF YOU EXCEED THE VOTER APPROVAL RATE, HOW THOSE THINGS DRAMATICALLY JUMP UP. IF YOU NOTICE, WE HAVE TO FILE THE PROPOSED BUDGET BEFORE WE RECEIVE THE TAX ROLLS ON THE JULY 25TH. SO THAT'S DUE ON THE 18TH. AND AS YOU CAN SEE, THAT KIND OF KIND OF CASCADES DOWN IN THE CALENDAR. AND THEN ON THE RIGHT, IT SHOWS THE ABSOLUTE LAST DATES TO DO THOSE SAME ITEMS. IF YOU DO NOT EXCEED THAT VOTER APPROVAL RATE. SO WITH THAT KIND OF MOVE INTO DISCUSSING TAX RATE STRATEGIES. SO HISTORICALLY, THE CITY OVER THE LAST TEN YEARS, WE'VE BEEN ABLE TO REDUCE THE TAX RATE BY 1.32 CENTS, UTILIZING THAT 3.5% VOTER APPROVAL RATE AND SOME UNUSED INCREMENT IN RECENT YEARS. WE'VE ALSO THE CITY'S IMPLEMENTED THE HOMESTEAD. AND WHEN WE LOOK AT THE ASSESSED VALUES OVER THE LAST TEN YEARS, WE'RE HOVERING RIGHT AROUND THAT 9% ANNUAL INCREASE. WE'LL TAKE A LOOK AT THE TABLE IN A FEW MOMENTS. AND AS WE ALL KNOW, RECENTLY, TARRANT AND JOHNSON COUNTY APPRAISAL DISTRICTS HAVE MODIFIED THEIR REAPPRAISAL PLANS TO NO LONGER DO THOSE ANNUAL REAPPRAISALS THAT WE'VE BEEN ACCUSTOMED TO. HOWEVER, THIS YEAR JOHNSON COUNTY DID EXERCISE THEIR RIGHT TO MAKE AN EXCEPTION, AND THEY DID DO A REAPPRAISAL IN APRIL OF THIS YEAR FOR THE UPCOMING 27 TAX YEAR, OR, EXCUSE ME, UPCOMING BUDGET YEAR FOR THE 26 TAX YEAR. SO PRELIMINARY VALUES WERE PROVIDED BY THE DISTRICTS AT THE END OF APRIL. AND THIS EVENING'S INFORMATION IS A SNAPSHOT IN TIME OF THOSE, THE VALUES AND THE INFORMATION THAT WE RECEIVED AT THAT POINT IN TIME, AND THE CERTIFIED NUMBERS, AS MENTIONED EARLIER, WILL COME AT THE END OF JULY ON THAT JULY 25TH DEADLINE THAT WE HAVE [00:20:05] ANNUALLY. SO HERE'S THAT TABLE. THE AFOREMENTIONED TABLE OF THE LAST TEN YEARS OF THE ASSESSED VALUE. SO IF WE LOOK AT THE AVERAGE GROWTH OF ALL TEN YEARS, WE'RE RIGHT BELOW THAT 9% FIGURE. BUT IF WE REMOVE SOME OF THOSE OUTLIER YEARS, SOME REALLY HIGH YEARS AND SOME LOW YEARS, WE'RE JUST ALMOST THE MIRROR IMAGE OF WHERE WE ARE ON THAT SIDE OF THE 9%, SO. AND AGAIN, THIS 26 FIGURE IS FROM THE VALUE INFORMATION WE RECEIVE FROM THE COUNTY ON APRIL 30TH. AND SO BECAUSE THAT WE DID HAVE THAT UNEXPECTED REAPPRAISAL THIS YEAR FOR NEXT BUDGET YEAR, THAT DOES HAVE SOME IMPACT ON WHAT WE'RE PROJECTING FOR THE BUDGET. AND SO YOU SEE ON THE LEFT, THE 1, 4, 4, 2, 1 PERCENTS, THAT WAS OUR ORIGINAL ASSUMPTIONS THAT WE HAD AND WHAT WE USED LAST YEAR WHEN WE BUILT THE BUDGET AND HAD OUR FIVE YEAR FORECAST LAST SUMMER, NOT EXPECTING A REAPPRAISAL UNTIL THE 28 BUDGET YEAR. SO THAT SINCE THERE WAS A REAPPRAISAL, WE'RE INCREASING BASED ON THE NUMBERS WE RECEIVED APRIL 30TH TO THAT 3.9% INCREASE FOR THE 2027 YEAR. AND ON THE RIGHT, IT CALCULATES THE THE VARIANCE IN THOSE SCENARIOS AND ITS IMPACT ON THE GENERAL FUND. AND SO BECAUSE WE RECEIVED THAT REAPPRAISAL, WE DO ANTICIPATE THAT THE SPIKE IN 28 IS NOT AS DRAMATIC BECAUSE THERE WAS REAPPRAISAL THIS YEAR. AND SO WE DID LEVEL OFF THOSE FOUR PERCENTS DOWN TO THREE AND THEN KEEPING TWO INTO THE FUTURE. SO THIS IS A TABLE SHOWING OUR A CHART SHOWING OUR TAX RATE OVER THE LAST TEN YEARS AND BREAKING IT UP INTO THE M&O, THE MAINTENANCE AND OPERATIONS IN THE GENERAL SIDE. AND THEN THE GRAY SHOWS THE INS, THE INTEREST IN SINKING FOR THE DEBT PORTION OF THE TAX RATE. AND AS KIND OF OUR CUSTOM, YOU KNOW, ONCE A YEAR TO KIND OF REMIND OURSELVES OF SOME OF THESE NUANCED DEFINITIONS THAT WE GET FROM THE STATE. AND SO THERE ARE NO NEW REVENUE RATE. THIS IS THE TAX RATE THAT WOULD GIVE US THE SAME AMOUNT OF REVENUE AND DOLLARS, IF THE, EXCUSE ME, WOULD RAISE THE SAME AMOUNT OF PROPERTY TAX REVENUE FOR THE CITY USING THE SAME PROPERTIES IN THE PRECEDING TAX YEAR. SO THE INPUTS FOR THAT ARE LAST YEAR'S LEVY MINUS ANY POTENTIAL LOSS PROPERTY LEVY OVER THE CURRENT TOTAL VALUE MINUS THE NEW PROPERTY VALUE. SO THAT'S A NO NEW REVENUE RATE THAT WE GET IN THE TRUTH AND TAXATION CALCULATION THAT WE WILL RECEIVE AT THE END OF JULY. AND THAT'S THE BASELINE FOR THAT 3.5% INCREASE FOR THE VOTER APPROVAL RATE, WHICH WE'LL SEE IN A MINUTE. SO IT HAS A INVERSE RELATIONSHIP WITH HOME VALUES. SO VALUES INCREASE. THE NO NEW REVENUE RATE GENERALLY WILL DECREASE. AND THE INVERSE IS TRUE. THE VALUES DECREASE. THE RATE WILL GENERALLY INCREASE. WHICH BRINGS US TO THE CURRENT DEBT RATE, WHICH IS THE CONVERSATION ABOUT THE INS SIDE OF THE TAX RATE. AND SO THIS PORTION IS NOT SUBJECT TO THAT 3.5% INCREASE. IT'S TIED TO THE AMOUNT OF DEBT THAT WE'VE ISSUED AND OUR DEBT SERVICE OBLIGATIONS FOR THE UPCOMING YEAR. SO THE INPUTS ARE THE CURRENT DEBT SERVICE. ANY EXCESS COLLECTIONS THAT WE'VE HAD OVER THE CURRENT TOTAL VALUE TIMES WHAT OUR ACTUAL COLLECTION RATE IS. AND THEN THE VOTER APPROVAL RATE. SO THIS IS THAT RATE THAT IF WE EXCEED THAT RATE, THAT WOULD REQUIRE THAT VOTE AND THE ALTERNATIVE CALENDAR. SO THE INPUT FOR THIS IS THAT NO NEW REVENUE RATE THAT WE DISCUSSED A COUPLE OF SLIDES AGO, TIMES THAT 3.5% INCREASE PLUS WHAT OUR CURRENT DEBT RATE WOULD NEED TO BE, AND ANY POTENTIAL UNUSED INCREMENT THAT A CITY MIGHT HAVE FROM PREVIOUS YEARS GETS YOU TO THAT WITH THAT VOTER APPROVAL RATE IS. THIS CHART SHOWS THE CITY OF BURLESON COMPARED TO OTHER CITIES WITHIN JOHNSON COUNTY. SO THESE ARE OUR PEER CITIES THAT ARE ALSO WORKING TO MANAGE THE CHANGE IN THE REAPPRAISAL SCHEDULE AND TO NAVIGATE THIS [00:25:08] NEW WORLD. AND THEN THIS HERE IS US COMPARING TO SOME OF OUR OTHER CITIES THAT WE LOOK TO BENCHMARK IN SOME OTHER AREAS. SO AS MENTIONED, WE'RE STILL EARLY IN THE BUDGET PROCESS. WE'RE STILL WORKING THROUGH THE BUDGET. WE'RE WORKING ON REDUCTION OPTIONS AND THROUGH OUR BUDGET PROCESS THAT CONTINUES THROUGH THE SUMMER. AND WE DID WANT TO MENTION THAT TO RESPOND TO PROJECTED VALUES, THE COUNCIL RESERVES THE OPTION TO ADOPT A TAX RATE TO CAPTURE UP TO THAT 3.5% ABOVE THE NO NEW REVENUE RATE. AND WITH THAT KIND OF LEADS US INTO OUR FIVE YEAR FORECASTS, WHICH WE WILL BEGIN WITH LOOKING AT THE GENERAL FUND. AND AFTER THAT, WE'LL DISCUSS THESE TAX RATE IMPLICATIONS A LITTLE BIT MORE. BUT BEFORE WE GET INTO THE FIVE YEAR FORECAST, WE DO WANT TO MENTION THESE. THESE ARE SNAPSHOTS IN TIME WHEN WE BUILT THESE FIVE YEAR FORECASTS. WE BUILT THEM UTILIZING THAT INFORMATION WE RECEIVED FROM THE COUNTY. COUNTIES. EXCUSE ME ON APRIL 30TH. WE DID RECEIVE SOME UPDATED INFORMATION AT THE END OF LAST WEEK. HOWEVER, CONSIDERING IT'S STILL REALLY EARLY, WE DON'T HAVE THE THE TRUTH AND TAXATION CALCULATIONS. AND THERE'S STILL PROTEST PROCESSES THAT ARE IN PLACE. SO THESE SUBJECTS, THE VALUES ARE SUBJECT TO CHANGE. HOWEVER, WITH WHAT WE PROVIDED USING THE APRIL 30TH SNAPSHOT IN TIME, WE FEEL COMFORTABLE AND CONFIDENT IN BRINGING THIS FORWARD TO YOU THIS EVENING. AND WITH THAT, WALKING INTO THE GENERAL FUND. SO THE GENERAL FUND THERE WERE SOME, SOME BUDGET AMENDMENTS THIS YEAR THAT WE JUST WANTED TO, TO WALK FOR THE, WE HAD A BUDGETED CHANGE AND CHANGE IN FUND BALANCE OF AN INCREASE OF $211,000 THIS YEAR. WE HAVE BROUGHT SOME AMENDMENTS THIS YEAR, PRIMARILY ON THE EXPENDITURE SIDE WAS THE ENCUMBRANCE ROLE, WHICH IS OUR ANNUAL PROCESS IN NOVEMBER, MOVING ENCUMBRANCES FROM THE PREVIOUS BUDGET YEAR INTO THE NEW BUDGET YEAR FOR PROJECTS OR ITEMS THAT WON'T BE COMPLETED BY THAT 9/30 DATE AND TIME AND NEED TO ROLL INTO THE NEXT FISCAL YEAR. HAD A NEW JANITORIAL CONTRACT, WAS ANOTHER DRIVER, AND THEN ANOTHER MAIN ITEM DOWN TO THE SCOPE INCREASE TO THE STORMWATER FEE STUDY, AND THEN KIND OF ONE OF THE MAIN ITEMS DOWN AT THE BOTTOM THERE IS THE CITY HALL FLOOD UNEXPECTED EXPENDITURE, WHICH SOME OF THESE HAVE CORRESPONDING REVENUES THAT OFFSET THEM. AND SO THE TOTAL INCREASE OF REVENUES WAS 385,803. THE INCREASE TO EXPENDITURES WAS 1,291,184, WHICH BRINGS THE REVISED BUDGET CHANGE IN FUND BALANCE TO A -$693,507. SO WE WANTED TO JUST SHOW THAT. JUST TO WALK FORWARD. AND FOR THE FY 26 YEAR END ESTIMATE, THE MAIN DRIVERS THIS YEAR ARE. WE'VE HAD A LARGE NUMBER OF PAYOUTS IN THE GENERAL FUND THIS YEAR FOR EMPLOYEES RETIRING MOVING FORWARD. SO THE PAYOUTS AND BENEFITS AND I KNOW WE'VE HAD A DISCUSSION PRESENTATION EARLIER IN THE YEAR ABOUT SOME OVERTIME IN THE FIRE DEPARTMENT AND THEN PUBLIC SAFETY HOLIDAY PAY. SO WITH THAT, WE'LL TAKE A LOOK HERE AT THE FIVE YEAR FORECAST FOR THE GENERAL FUND. SO AGAIN THIS HAS THOSE VALUES THAT WE RECEIVE FROM THE THE THE COUNTIES AS OF APRIL 30TH. FOR THE PURPOSES OF THIS EXERCISE THIS DOES INCLUDE A STORMWATER FEE. FOR THE 27 BUDGET, WE WENT WITH THE CONSERVATIVE REVENUE ESTIMATE OF THE $3.7 MILLION FOR THAT FEE. AND THEN WE DO HAVE THAT $1.86 MILLION OF OUR CURRENT OPERATIONS THAT ARE DEDICATED TOWARDS WORKING ON THE STORMWATER THROUGHOUT THE CITY. THERE'S ALSO THE INCLUSION OF THE $440,000 FOR NEW STORMWATER COSTS. AND THE NET IS THE $1.4 MILLION THAT WOULD BE USED FOR CAPITAL EXPENDITURES IN THE FIRST YEAR TO GET THAT PROJECT LAUNCHED. [00:30:03] AND THEN IF THIS DOES MOVE FORWARD, IF THE FEE IS ESTABLISHED, WE WOULD THEN CREATE A NEW STORMWATER FUND IN FISCAL YEAR 28, AND THEN ALL THE ACTIVITY WOULD THEN MOVE OVER INTO THAT NEW FUND. AND THEN THE PLAN AS BEEN PRESENTED WOULD BE HAVE THAT EXISTING STORMWATER COST OFFSET INTO THE FUTURE. NOW, THIS FUND WE'RE EARLY IN, LIKE I SAID, WE'RE EARLY IN THE PROCESS. WE HAVEN'T PROCESSED OR WE HAVE A FORMAL LIST OF SUPPLEMENTALS TO PRESENT TO YOU. HOWEVER, FROM THE GENERAL FUND, WE DID WANT TO PROVIDE SOME LOOSE ASSUMPTIONS SO THAT THERE WERE SOME PLACEHOLDERS FOR TO BE ABLE TO VIEW THE GENERAL FUND. AND SO WE HAVE SOME ASSUMPTIONS FOR THE NEW REOCCURRING SUPPLEMENTALS SUPPLEMENTALS THAT WOULD HAVE AN IMPACT THIS YEAR AND INTO THE FUTURE THEY WOULD REOCCUR. WE ALSO HAD AN ASSUMPTION FOR ONE TIME SUPPLEMENTALS ITEMS THAT WOULD BE A ONE TIME COST. AND SO THERE'S A AN AMOUNT EVERY YEAR FOR THOSE WHAT POTENTIAL AMOUNTS WE COULD DEDICATE TOWARDS ONE TIME EXPENDITURES. AND THEN A FIGURE THAT WE HAVE BEGINNING IN 28 FOR A POTENTIAL FUTURE SUPPLEMENTALS TO SHOW CAPACITY AND OPPORTUNITY THAT THE FUND MIGHT BE ABLE TO MAINTAIN INTO THE FUTURE. KEVIN, I'LL ADD A COUPLE OF POINTS OF CONTEXT. MAYOR AND COUNCIL. SO ONE THING AGAIN, VERY, VERY EARLY IN THE PROCESS, SO AND MEANING TO THAT, I HAVE NOT IDENTIFIED SPECIFICALLY WHICH SUPPLEMENTALS I'M GOING TO RECOMMEND TO FUND, NOR DOES THIS MODEL HAVE ANY OF OUR PROJECTED REDUCTIONS THAT WE MAY MAKE. SO THE DEPARTMENTS HAVE SUBMITTED REDUCTIONS. WE'RE STILL EVALUATING WHAT THE SERVICE DELIVERY IMPACT WOULD BE, AND WHICH ONE OF THOSE THAT I MAY RECOMMEND FOR COUNCIL TO CONSIDER. WITH REGARDS TO THE REOCCURRING 26-27 SUPPLEMENTALS AT $750,000. I THINK THAT THAT NUMBER IS GOING TO BE ADEQUATE AND PROBABLY MORE THAN ADEQUATE TO GET TO A POINT OF RESTORING BUDGET FOR OUR MERIT FROM JANUARY 1ST BACK TO OCTOBER 1ST. IF THE COUNCIL RECALLS THAT SOMETHING THAT I OFFERED UP AS A REDUCTION IN LAST YEAR'S BUDGET. THE COUNCIL RESTORED THAT FOR ONE YEAR WITH DIRECTION TO ME TO PURSUE OPTIONS FOR FINDING A WAY TO CARRY THAT FORWARD IN THE FUTURE SO THAT A PORTION OF THAT FUNDING WOULD BE DEDICATED, MOST LIKELY TOWARD THAT. IN ADDITION, FOR SOME EQUITY ADJUSTMENTS THAT WERE PRESENTED BY THE HUMAN RESOURCES DEPARTMENT FOR PRIORITIES FOR THE COUNCIL, FOR OUR LABOR BASED POSITIONS. THE 750 AGAIN, WOULD MOST LIKELY ACCOUNT FOR AT LEAST THE CAPACITY TO FUND MORE OF THOSE THINGS, BUT IT'S VERY EARLY IN THE PROCESS. WITH REGARDS TO THE ONE TIME SUPPLEMENTAL, SIMILAR TO WHAT WE SAW IN THIS YEAR'S BUDGET, THERE WAS FLEXIBILITY WITH THE TAX RATE INCREASE THAT THE COUNCIL GAVE TO GIVE AN ADDITIONAL $1 MILLION TO STREET MAINTENANCE, AND SO THIS WOULD BE A CONTINUATION OF AN OPPORTUNITY TO HAVE ONE TIME EXPENDITURES THAT MAY BE ADDITIONAL DOLLARS FOR STREET MAINTENANCE. IT COULD BE ADDITIONAL OTHER ONE TIME EXPENDITURES, WHETHER THOSE FACILITY IMPROVEMENTS OR OTHER MAINTENANCE RELATED FUNCTIONS THAT WE MAY WANT TO AUGMENT. YOU COULD DO THAT. AND THEN WITH REGARDS TO THE FUTURE SUPPLEMENTALS, THOSE WOULD BE ITEMS THAT COULD BE CARRIED FORWARD IN IN THE FUTURE, MEANING THEY COULD BE REOCCURRING, THEY COULD BE PERSONNEL. I'M NOT FORECASTING AT THIS POINT A HEAVY YEAR FOR PERSONNEL FOR THIS COMING YEAR'S BUDGET. ONE LARGELY TIED TO WE DON'T KNOW WHAT THE LEGISLATURE IS GOING TO DO WITH REGARDS TO PROPERTY TAX REFORM OR HOW REAPPRAISALS WOULD BE HANDLED. SO I DON'T WANT TO RECOMMEND IN THE BUDGET A LARGE AMOUNT OF REOCCURRING EXPENDITURES UNTIL WE UNDERSTAND WHAT THAT NEW UNIVERSE MAY LOOK LIKE. I THINK THIS OPTION GIVES YOU FLEXIBILITY. IF WE HAVE DOWNTURNS IN THE ECONOMY, THAT YOU COULD EASILY TAKE THAT $1 MILLION ANNUALLY, THAT'S UNALLOCATED AND REMOVE NOT STARTING REOCCURRING SUPPLEMENTALS OR THE MAJORITY OF REOCCURRING SUPPLEMENTALS UNTIL THE 28 BUDGET CYCLE. WHEN YOU HAVE A BETTER IDEA OF WHAT THE LEGISLATURE MAY DO. I THINK ALSO GIVES YOU FLEXIBILITY. AS KEVIN SAID, THIS DOES ASSUME A STORMWATER FEE OFFSET OF REIMBURSING THE GENERAL FUND TO PAY FOR SOME OF THE EXISTING STORMWATER FUNCTIONS WE DO TODAY. IN THE EVENT THAT THE COUNCIL ULTIMATELY DOESN'T ADOPT A STORMWATER FEE, THEN THE CAPACITY THESE FUTURE SUPPLEMENTALS WOULD CHANGE COMMENSURATELY TO THAT REVENUE. I'M HAPPY TO ANSWER ANY QUESTIONS ABOUT THE FORECAST IN CONJUNCTION WITH KEVIN. OKAY. SO WITH THAT, THE QUESTIONS THAT WE HAVE FOR COUNCIL, THE GUIDANCE KIND OF THAT WE NEED AS WE MOVE THROUGHOUT THE [00:35:09] REST OF THE SUMMER TO PROPOSE A BUDGET TO YOU IN AUGUST, IS DOES THE COUNCIL DESIRE TO KEEP A TAX RATE RELATIVELY FLAT OR TO MODIFY THE RATE? AND WE MET WITH THE FINANCE COMMITTEE LAST WEEK AFTER WE POSTED THIS AND THIS AGENDA AND THEIR GUIDANCE WAS TO KEEP THE TAX RATE RELATIVELY FLAT. AND TO IF WE CAN CAPTURE THE 3.5 WITH VALUE INCREASES TO DO SO IF, IF WE CAN BUT TO NOT INCREASE THE SIDE OF THE TAX RATE. I THINK THE ONLY THING THAT WOULD ADD IS MAYBE JUST A LITTLE POINT OF CLARITY. I THINK THE DIRECTION WE GOT FROM THE FINANCE COMMITTEE WAS THAT IF EXISTING VALUES GROW TO A POINT WHERE WE CAN CAPTURE THE FULL 3.5% KEEPING THE TAX RATE ESSENTIALLY THE SAME ON THE SIDE THAT THE DIRECTION WAS TO PROCEED ACCORDINGLY. HOWEVER, IF, FOR INSTANCE, THE EXISTING VALUES ONLY GREW 3.2% TO NOT RAISE THE TAX RATE TO COLLECT THE ADDITIONAL UP TO 3.5 AND LET THAT BE A FUTURE INCREMENT FOR CONSIDERATION. THANK YOU, TOMMY. AND THE SECOND QUESTION WOULD BE, DOES THE COUNCIL DESIRE TO PROCEED WITH A CALENDAR THAT STAYS WITHIN THE VOTER APPROVAL RATE, OR ONE THAT WOULD EXCEED THAT AND TRIGGER THE ELECTION THAT WE SPOKE ABOUT EARLIER? THE. I'M SORRY. THE DIRECTION FROM THE COMMITTEE WAS TO PROCEED ASSUMING A CALENDAR THAT DID NOT EXCEED THE VOTER APPROVAL RATE. THAT'S MY RECOMMENDATION AS WELL. SO WE'LL PAUSE FOR A MOMENT TO SEEK GUIDANCE. I AGREE WITH THAT POSITION. I DON'T WANT TO BRING THIS UP FOR ELECTION. ANYBODY ELSE? I WANT TO GIVE KUDOS TO OUR FINANCE COMMITTEE WAS DOING A GOOD JOB. THANK YOU. I THINK THE OTHER THING WE WOULD JUST SEE DIRECTION ON IS IF THE DIRECTION WE RECEIVED FROM THE FINANCE COMMITTEE REGARDING CAPTURING UP TO THE 3.5, BUT NO MORE AND NOT INCREASING THE TAX RATE BEYOND WHATEVER EXISTING VALUES INCREASED BY. THAT'S ANOTHER DIRECTION WE WOULD NEED TO SEEK FROM THE FROM THE FULL COUNCIL. ANYTHING? I DON'T. I KNOW. SO YEAH, WE'RE GOING TO GO ALONG WITH THE FINANCE COMMITTEE ON THAT. I DIDN'T KNOW IF YOU NEEDED AN EXPLANATION OR NOT. I JUST WANT TO MAKE SURE WE'RE TRENDING IN THE RIGHT DIRECTION. SORRY, KEVIN. KEEP GOING. IS THERE IS IT STILL A POSSIBILITY THAT THEY'LL CAP US AT 2.5 IN AUSTIN? IS THAT STILL ON THE ON THE TABLE, OR DO WE KNOW? ANYTHING IS POSSIBLE MAYOR IN THE FUTURE. IT'S WAY TOO EARLY TO TELL, BUT I THINK SOME FORM OF REFORM IS VERY LIKELY WHAT THE PERCENTAGES ULTIMATELY END UP BEING. IT'S TOO EARLY TO SAY, BUT THAT'S WHY YOU'RE SEEING A RELATIVELY CONSERVATIVE FINANCIAL FORECAST AND TRYING TO HAVE ONE TIME EXPENDITURES THAT COULD BE EASILY PULLED OFF, OR NOT HAVING A SIGNIFICANT AMOUNT OF REOCCURRING EXPENDITURES UNTIL AFTER THE LEGISLATURE MEETS. OKAY. THANK YOU. AND WITH THAT, THE NEXT FUND THAT WE'LL LOOK AT IS THE WATER AND SEWER FUND. SO ANNUALLY WE DO A RATE STUDY MODEL. WE HAD WILLDAN COME OUT A COUPLE OF YEARS AGO, AND WE'VE BEEN MAINTAINING THAT RATE STUDY RATE MODEL IN THE LAST TWO YEARS. AND SO LAST OCTOBER, THE CITY IMPLEMENTED 5% INCREASES TO THE WATER RATE AS WELL AS 5% TO THE WASTEWATER RATE. AND SO IN COMBINATION OF SEVERAL FACTORS, RESULTS IN THE NEED FOR NEW LONG TERM RATE PLAN. YOU KNOW, OPERATING EXPENDITURES CONTINUE TO INCREASE. FORT WORTH CHARGES DO INCREASE. AND THEY PASS THOSE COSTS TO US. AND SO THE NEED TO FUND GROWING CAPITAL NEEDS AS WELL FOR THE DISTRIBUTION AND COLLECTION OF OUR WATER SYSTEM. SO THIS IS A SNAPSHOT OF OUR CURRENT RATES FOR BOTH THE WATER AND THE WASTEWATER. AND HERE'S HOW WE COMPARE WITH OUR RESIDENTIAL CHARGE COMPARISON TO SOME BENCHMARK CITIES. [00:40:11] AND THEN THIS NEXT SLIDE WE'LL LOOK AT HOW WE COMPARE TO OTHER CITIES THAT OUR WHOLESALE CUSTOMERS OF THE CITY OF FORT WORTH. SO OUR PEER CITIES IN THIS AREA. THIS SHOWS NEW WATER ACCOUNTS, KIND OF A PROJECTION SHOWING A FEW YEARS IN THE HISTORY AND THE GREEN. THE CURRENT YEAR 2026 AND THEN THE RED SHOWS THE MODELS PROJECTIONS OUT INTO THE FUTURE. SO AROUND 200 NEW ACCOUNTS ANNUALLY. THIS YEAR IS ANOTHER CHART SHOWING OUR HISTORICAL WATER CONSUMPTION. THE GRAY SHOWING HISTORICAL. THE MIDDLE GRAY FOR 26 IS A PROJECTION FOR THIS YEAR. AND THEN WE HAVE THE RED INTO THE FUTURE. SO NORMALLY, YOU KNOW PERSONNEL AND OPERATING EXPENSES INCREASE, YOU KNOW, AROUND 3 TO 4% ANNUALLY. THERE ARE COSTS LIKE CHEMICALS AND HEALTH CARE THAT INCREASE OUTSIDE THAT BAND OF 3 TO 4%. BUT THE MAJOR IMPACT ON THE COSTS ARE WHAT FORT WORTH CHARGES FOR THEIR WASTEWATER AND WATER SERVICES, AND THEN DEBT IS THE OTHER MAJOR IMPACT TO THE EXPENDITURES FOR THE CAPITAL NEEDS, AS THOSE FOUR MENTIONED, DISTRIBUTION AND COLLECTION SYSTEM. THIS HERE IS WHAT THE MODEL HAS, ASSUMING A 7% INCREASE FOR WATER AND A 7% INCREASE FOR WASTEWATER ON AN ANNUAL BASIS. THIS IS WHAT THAT IMPACT WOULD BE BEGINNING WITH THE CURRENT ROW AND THEN PROJECTION FOR OCTOBER 26TH AND ON THROUGH OCTOBER 2030. AND THIS NEXT CHART, WE'LL TAKE A LOOK AT WHAT WOULD WHAT THESE CHANGES LOOK LIKE FOR A SAMPLE OF CONSUMPTION. SO WE HAVE IT IN THE BANDS OF 5000 GALLONS, 10, 30, AND THEN A SAMPLE OF WHAT THAT WOULD LOOK LIKE FOR A 40,000 GALLON COMMERCIAL CUSTOMER. AND AS YOU CAN SEE, THIS IS ALL ASSUME THAT 7% INCREASE FOR 26 AND INTO THE FUTURE. AND THEN THIS JUST BRINGS US TO THE FIVE-YEAR FORECAST FOR THE WATER AND SEWER FUND. SO THIS DOES INCLUDE UP TO $500,000 ANNUALLY FOR METER REPLACEMENTS. AND THERE IS AN OFFSETTING, SOME OFFSETTING REVENUE AS THOSE CONTINUE, AS THOSE CONTINUE TO GET UPGRADED AND GET BETTER IT WOULD BE SOME BETTER WATER RETURN, LESS LEAKS, THINGS ALONG THOSE LINES. SO STAYS ABOVE THAT 25% IN THAT OUT YEAR. SO FOR FY 2027 RECOMMENDS REPRESENTS CONTINUATION IN A SERIES OF ADJUSTMENTS REQUIRED TO FUND THE DEBT SERVICE OR THE DEBT PLAN FOR THE CIP THAT WE'LL SEE MOMENTARILY FROM RANDY. PROPOSES A INCREASE OF 7% TO THE WATER AND THE SEWER RATE, WHICH IS WHAT WAS FORECASTED LAST YEAR FOR THIS CURRENT YEAR. AND THEN THE RATE PLAN WILL ENSURE CONTINUED FINANCIAL HEALTH OF THE UTILITY WE JUST SAW AND THEN WE RECOMMEND REVIEWING THE RATES ANNUALLY. THIS HAS FIVE YEARS IN THE FORECAST, BUT WE CONTINUE TO RECOMMEND DOING THIS ANNUALLY. AND BEFORE WE MOVE ON TO THE 4A FUND, THE QUESTION WOULD BE TO COUNCIL SEEKING GUIDANCE ON THIS INFORMATION HERE, THE 7% AND BE COMFORTABLE MOVING FORWARD WITH THAT AND HOW THEY WOULD LIKE US TO MOVE FORWARD THROUGHOUT THE SUMMER AS WE FORMALIZE THE, THE WATER AND SEWER RATES AND THE WATER AND SEWER FUND. I'M NOT REALLY SEEING HOW WE HAVE A CHOICE, DO WE? SO, MAYOR, WHAT I WOULD SAY IS, IS THAT, AS KEVIN SAID, REALLY YOUR PRIMARY DRIVERS ARE THE INCREASES, [00:45:06] WHICH WE DON'T KNOW. WE ONLY CAN FORECAST OUT FROM FORT WORTH, WHICH IS A COMPONENT OF IT. BUT THE MAJOR DRIVER HERE IS GOING TO BE THE CIP. SO IN THE ABSENCE OF MAKING SUBSTANTIAL CHANGES TO WHAT THE TIMING OR CONFIGURATION OF OUR CIP IS, IT WOULD BE DIFFICULT TO HAVE RATE INCREASES OUT OUTSIDE OF THE 7% BAND. WHAT WE'RE TRYING TO DO IS CREATE CONSISTENCY IN WHAT OUR RATE MODELING IS AND WHAT OUR, HOW MUCH WE'RE GOING TO INCREASE A YEAR. WE ALSO HAVE A PLAN DRAW DOWN OF OUR FUND BALANCE OF WORKING CAPITAL. WE'RE AT 45%, WE'RE TRYING TO DRAW THAT DOWN. SO ESSENTIALLY WE'RE WE'RE TRYING TO KEEP THOSE RATES REASONABLE AND DRAW THAT DOWN. BUT WE CAN ONLY DO THAT FOR A PERIOD OF TIME BEFORE WE'LL BE OUT OF COMPLIANCE IN TERMS OF WHERE WE WANT TO BE WITH OUR FUND BALANCE, SO. I'M GOOD WITH IT. PHIL, YOU GOT ANYTHING? WE'LL TALK. TURN YOUR MIC ON. I'M A LITTLE CONCERNED ABOUT THE SEVEN. I THOUGHT WE TALKED ABOUT FIVE. WE HAD TALKED ABOUT FIVE PREVIOUSLY THAT IN AN IDEAL SITUATION, WE WOULD TRY TO GET TO A POINT WHERE WE WOULD HAVE SOME CONSISTENCY AROUND THAT 5%. WHEN WE LOOKED AT RATES LAST YEAR, OUR FIVE YEAR FORECAST, WE HAD RANGES FROM 8% TO 6%, 8% BEING IN THE EARLY YEARS AND THEN GETTING DOWN TO 6%, I THINK AROUND YEAR FOUR AND YEAR FIVE. SO WE DO SEE A LITTLE BIT LOWER THAN WHAT WE HAD ANTICIPATED, BUT WE'RE STILL NOT AT THAT FIVE COUNCIL MEMBER ANDERSON. COULD WE GET THE FIVE? THE ANSWER IS YES, BUT THE ONLY WAY WE WOULD DO IT IS BY BE PUSHING OFF PROJECTS OUTSIDE OF OUR EXISTING FIVE YEAR CIP. AND WITH INFLATIONARY CONSTRUCTION COSTS, I THINK WE'D ULTIMATELY BE PAYING MORE FOR THOSE PROJECTS. THOSE PROJECTS FOR A LONG TIME. THAT'S WHY MY RECOMMENDATION WAS TO PROCEED WITH THE EXISTING CIP AT THE SEVEN. IF THERE'S A DESIRE FOR US TO CONTINUE TO LOOK AT WHAT OPTIONS WOULD BE AND WHAT A 5% PLAN LOOKS LIKE, WE CAN CERTAINLY BRING THAT BACK FOR FURTHER CONSIDERATION. OR WHATEVER THE OTHER COUNCIL MEMBERS WANT. MOVE FORWARD WITH THE SEVEN. SEVEN. ALL RIGHT. DAN. I. I'M NOT GOING TO. I'M NOT GOING TO ADVOCATE GETTING BEHIND PUSHING CAPITAL IMPROVEMENTS PROJECTS DOWN THE ROAD BECAUSE TOMMY HITS IT SPOT ON. NO MATTER WHAT YOU DO NOW, YOU'RE GOING TO DO IT FOR LESS COST THAN WHAT IT'S GOING TO COST IN THE FUTURE. THAT'S JUST THE WAY THINGS ARE. 7% IS ABOUT WHERE THE INFLATION RATES KIND OF LANDED LATELY, SO I DON'T THINK IT'S GOING TO COME AS ANY SURPRISE TO ANYONE YEAR OVER YEAR. SO IT'S NOT AS IF WE CAN'T KICK DOWN THE ROAD. WE GOT TO MOVE FORWARD. SO APPROVE THE SEVEN. WE WILL PROCEED ACCORDINGLY. AND THEN AS RANDY GOES THROUGH THE CIP, IF THERE'S ARE SPECIFIC QUESTIONS RELATED TO SOME OF THESE PROJECTS, WE CAN ARTICULATE THOSE. THANK YOU. WITH THAT, WE'LL MOVE FORWARD INTO LOOKING AT THE 4A SALES TAX FUND. SO THE MAJOR CHANGE IN HERE IS THAT YOU SAW IN THE REVISED BUDGET, AND THE ADOPTED BUDGET FOR INCENTIVES WAS UPWARDS OF 7.5 MILLION. THAT'S LEVELED OFF IN WHAT WE EXPECT TO SPEND THIS YEAR. IT'S KIND OF BALANCED OUT BETWEEN THIS YEAR AND NEXT YEAR. AND THEN WE CAN SEE THEY TAPER OFF INTO THE FUTURE. AND THIS FUND IS IN A GOOD POSITION. AND WE HAVE WE SEE WE'RE BREAKING OUT THE CURRENT DEBT SERVICE CHARGES IN OUR FUNDS FOR THE EXISTING DEBT SERVICE PAYMENTS. AND THEN WE BROKE OUT THAT NEW ROW TO SHOW THE NEW DEBT SERVICE CHARGES. AND THAT WOULD BE BASED ON THE CIP NEW DEBT FOR INTO THE FUTURE. THE ONLY THING I WOULD ADD, AND I KNOW I SPOKE TO THIS EARLIER, BUT THERE ARE NO PROGRAM SUPPLEMENTALS IN ANY OF THESE FUNDS RIGHT NOW. SO FOR THOSE INTERNAL SERVICE FUNDS SUCH AS IT OR FLEET, IF THERE WERE POSITIONS THAT WERE ADDED, THEN THERE COULD BE AN INCREASE IN ALLOCATION TO THE 4A OR 4B OR SOME OF THESE OTHER FUNDS. SO THESE FUND BALANCE NUMBERS MAY CHANGE AS A RESULT OF RECOMMENDED SUPPLEMENTALS. [00:50:01] ANYBODY ANY COMMENTS? YOU'RE GOOD. GOOD. THIS BRINGS US TO OUR 4B FUND. AND IT'S KIND OF OUR PRACTICE IN THE CITY OF BURLESON. WE TAKE THIS. THIS MEETING IS FOR OUR MAJOR FUNDS, BUT THE 4B SUPPORTS SEVERAL OF OUR MINOR FUNDS. AND SO WE'LL TAKE A LOOK AT EACH ONE OF THOSE AS WELL. WE'LL LOOK AT ONE OF. WE'LL LOOK AT SOME OF THE DIVISIONS IN PPF. WE'LL LOOK AT PPF. THE FUND AT LARGE. LOOK AT THE GOLF COURSE. AND THEN NOW WITH OUR NEW ARRANGEMENTS WITH SFC, WE HAVE TWO NEW FUNDS TO TRACK THOSE ARRANGEMENTS. WE HAVE A BARTLETT PARK SOCCER COMPLEX FUND AS WELL AS A CHISENHALL PARK FUND. SO WE'LL TAKE A LOOK AT ALL FOUR OF THOSE AND THEN LOOK AT THE 4B FUND HOLISTICALLY. AND SO THIS HERE IS THE PPF FORECAST FOR THE BRICK OPERATIONS. AND SO SO YOU SEE THERE'S A DECREASE IN THIS YEAR'S ESTIMATE FOR THE RECREATION MEMBERSHIP WITH SOME RECOVERY NEXT YEAR, THE INTENTION TO BE BACK AT THE 1.9 MARK IN THE FISCAL YEAR FY 28. SO THAT IS THE THE MAIN DIFFERENCE IN THIS FUND OR THIS DIVISION INTO THE FUTURE. WE HAVE THAT SELF-SUSTAINING PERCENT THERE AT THE BOTTOM. THAT'S NORMALLY A THE PERCENT OF FUND BALANCE. BUT FOR THESE WELL, SO SELF-SUSTAINING PERCENT. SO THAT REDUCES ANY TRANSFER IN FROM FOR BE FUND ONCE WE GET TO THE FUND LEVEL. THE OTHER DIVISION THAT WE LOOK AT THAT STILL REMAINS IN THE PPF. THE PARKS PERFORMANCE FUND IS THE RUSSELL FARM OPERATIONS. IT SAYS THE PROPOSED REVENUES FOR NEXT YEAR, AS WELL AS THE PROPOSED ACTIVITIES TO CONTINUE THIS THIS RUSSELL FARM ACTIVITIES INTO THE FUTURE WITH A 7 TO 9% SELF-SUSTAINING RATE INTO THE FUTURE. TOMMY IS THE MASTER PLAN FOR RUSSELL FARM DESIGNED TO INCREASE THE RENTAL FEES AND ACTIVITY FEES? I THINK IT'S A LITTLE TOO EARLY TO SAY THAT, AND ERIC MAY BE ABLE TO SPEAK TO THIS BETTER THAN I CAN. I THINK THERE'S GOING TO BE ASPECTS OF THAT ASSOCIATED WITH WHAT WE WANT FUTURE PROGRAMING TO BE, WHAT SOME OF THOSE THINGS COULD BE REVENUE GENERATING, AND NOT. SO I THINK IT'S A LITTLE BIT PREMATURE TO ANSWER THAT. BUT ERIC OR JEN, IF YOU FEEL DIFFERENTLY THAN. MR. LOCKWOOD IS CORRECT. WE'RE JUST STARTING THE SURVEY PORTION OF IT NOW. WE HAVE A SCHEMATIC DESIGN. I BELIEVE YOU SAW THAT OUT AT OUR TOWN HALL THAT WE HOSTED. ONCE WE HAVE THOSE SURVEY RESULTS, WE'RE THEN GOING TO HAVE TO PROGRAM IT OVER THE NEXT FIVE YEARS AND PHASES. WE ALSO KNOW THAT WE'LL BE EXPLORING ADDITIONAL ALTERNATIVE FUNDING SOURCES AS OPTIONS TO FUND SOME OF THOSE PROJECTS THROUGH OUR FRIENDS AND GRANTS, ETC. SO IT IS REALLY TOO EARLY TO FORECAST THOSE THINGS. THANK YOU JEN. SO WITH THAT, THAT WILL BRING US TO OUR THE PPF FUND AT LARGE. SO THIS COMBINES ALL THE ACTIVITIES THAT OCCUR IN THE PARKS PERFORMANCE FUND. SO WE HAVE THAT DIP IN REVENUE FOR 26. PARTIAL RECOVERY IN 27 UP UNTIL 28. AND THEN WE HAVE SOME OF THE ACTIVITIES HAVE YOU KNOW, ARE NOW IN BARTLETT PARK. FUN. SO THERE IS A TRANSFER IN TO THE PPF, AS WE NOTED IN THE, WHEN WE DID THE AMENDMENT FOR THE NEW BARTLETT ARRANGEMENT. THERE ARE SOME STAFF AT THE BRICK THAT WILL BE DEDICATING SOME OF THEIR TIME TO SUPPORT THE EFFORTS OF SCHEDULING AND WORKING WITH TOURNAMENTS AND DIFFERENT EVENTS AT BARTLETT PARK. AND SO THIS TRANSFER IN IS A NEW TRANSFER IN FROM BARTLETT PARK, AND THAT WILL BE TO OFFSET SOME OF THE EXPENDITURES FOR THOSE STAFF'S TIME. AND THE TRANSFER IN FROM THE 4B THAT'S THESE FUNDS HAVE A TRANSFER IN TO BRING THE FUND BALANCE TO ZERO TO SUPPORT THE VENTURES AND THESE FUNDS. THIS BRINGS US TO THE GOLF COURSE. GOLF COURSE IS, I THINK THE SAME STORY. THIS YEAR IS PERFORMING REALLY WELL. THEY'RE DOING A VERY GOOD JOB OVER THERE, WITH REVENUES INCREASING OVER WHAT WAS COMPLETED IN THE ACTUALS LAST YEAR BY A NOTICEABLE AMOUNT. AND THIS YEAR, AT THE END OF THIS YEAR, WE WILL NEED TO DO A TRANSFER INTO [00:55:03] THE ERF, CATCH UP PAYMENT ON THE GOLF CART LEASE. THIS WILL BE A FUTURE BUDGET AMENDMENT FOR THAT UPCOMING PLAN FOR THE END OF THE FISCAL YEAR. AND SO THAT DOES IMPACT THE SELF-SUSTAINING PERCENT BY 2.25%. SO WE JUST DID WANT TO NOTE THAT THAT IS A NOT A ONE TIME COST. AND SO THAT IS A ONE TIME COST. IT'S NOT AN ONGOING BASE EXPENDITURE. AND THAT BRINGS US TO ONE OF OUR NEW FUNDS. SO THE BARTLETT PARK SOCCER COMPLEX FUND. SO THIS FUND DOES HAVE A MIXTURE OF CITY BURLESON ACTIVITIES AND SFC ACTIVITIES AS THEY MANAGE AND MAINTAIN THE CONCESSION STAND WHILE THE TEAM MAINTAINS AND SCHEDULES FIELD ACTIVITIES. SO THE WHERE IT SAYS OPERATING REVENUES AND BASE EXPENDITURES. THOSE ARE THE CITY'S REVENUES AND CITY'S PROJECTED EXPENDITURES. AND THEN WE ALSO HAVE PARSED OUT ROWS FOR SFC WITH THE LEADING LABEL OR ACRONYM FOR THAT COMPANY, SFC. AND SO THAT'S THEIR PROJECTIONS FROM THEIR COMPANY ON WHAT THEIR REVENUES ARE GOING TO BE LOOKING AT THIS YEAR. THEY HAD 49.5 FOR THE PARTIAL YEAR, AND THEN THAT BUMPED UP TO 82.5 FOR THE FULL 2027 PROJECTED YEAR. AND AGAIN, THERE'S THAT TRANSFER IN FROM THE 4B FUND TO ZERO OUT THE FUND BALANCE SO THAT THERE IS A ZERO NET CHANGE TO THE FUND BALANCE IN THIS PARTICULAR FUND AS WELL. THAT BRINGS US TO OUR LAST ONE. LOOKS A LITTLE DIFFERENT. THIS COMES DIRECTLY FROM THE SFC. THIS FUND COMPLETELY CAPTURES ACTIVITIES AT THE SFC. DOES OVER THERE AT THE CHISENHALL SPORTS COMPLEX. AND SO THIS SHOWS THAT THEIR PROJECTED REVENUES ARE. IT STARTS WITH YEAR ONE IN THEIR PERFORM, THAT IS 2026 BUDGET YEAR. AND THEN THEY PROVIDED A FORECAST IN MAY OF WHAT THEY'RE ACTUALLY EXPECTING THE YEAR TO END ON 9/30. SO WHERE THE BUDGETED REVENUES WERE 979,628, THEY'RE NOW PROJECTING 01,615,924. AND THAT CARRIES DOWN THAT COLUMN AS WELL. AND THEN YEAR TWO WOULD BE THE 2027. YEAR THREE 28, 29, 30, 31 TO CARRY OUT OUR FIVE YEAR FORECAST, OR OUR METHOD FOR FIVE YEAR FORECAST. KEVIN, FOR CLARITY, CAN YOU KIND OF POINT TO THE LINE THAT WOULD BE CONSIDERED OUR TRANSFER IN FOR SUBSIDY AND REMIND THE COUNCIL ABOUT HOW WE TREAT SPONSORSHIP REVENUE. YES, SIR. SO SPONSORSHIP REVENUE WAS TAKEN OUT OF WHAT CAN BE USED FOR CIP VENTURES OR DIFFERENT TYPES OF EXPENDITURES ALONG THOSE LINES. SO THAT IS TAKEN OUT NOT TO BE CONSIDERED OPERATING. SO THE EBITDA LINE THE EARNINGS BEFORE INTEREST TAXES DEPRECIATION, AND THAT ROW IT'S BLUE ABOUT 80% OF THE WAY DOWN THERE. THAT'S GENERALLY GOING TO BE THE LINE THAT WE USE FOR WHAT THE SUBSIDY FROM THE 4B FUND IS TO BE. HOWEVER, IN YEAR ONE, THERE WAS SOME ONE TIME COSTS THAT WE DO NEED TO ADD IN. THERE WAS THE FIELD MAINTENANCE EQUIPMENT COST, THE OPERATIONAL SETUP COSTS AND REPLACEMENT AND RENOVATION COSTS. THOSE START UP COSTS THAT WERE APPROVED BACK IN OCTOBER TO HELP START THAT THAT VENTURE. AND SO THIS YEAR WOULD BE THE ARBITER, PLUS THOSE THREE ROWS IS WHAT THE TRANSFER IN SUBSIDY IS GOING TO BE FROM THE 4B FUND. BUT INTO THE FUTURE IT'S THAT, YOU KNOW, IN YEAR TWO, 287,420. YEAR THREE 185 600 AND INTO THE FUTURE. ANY QUESTIONS ON ANY OF THESE FUNDS BEFORE WE MOVE TO THE 4B FUND, AND LOOK AT THAT HOLISTICALLY? WELL, THIS PERFORMER ON THE CHISENHALL SPORTS COMPLEX IS, THIS IS NOT THE ORIGINAL ONE. AND IT'S A LITTLE CONFUSING WHEN WE STILL HAVE TOTALS, BUT SOME OF THE OTHER NUMBERS HAVE BEEN SCRUBBED AND THE PERFORMANCE STILL THERE. THE YEAR ONE PERFORMER IS STILL THERE ON THE LEFT, BUT WE HAVEN'T GOT THE ACTUALS IN. IS THAT WHAT IT IS? BUT WE HAVE THE ACTUAL TOTALS. I THINK WHAT THEY PROVIDED US WAS, YES, THAT THE YEAR ONE PERFORMANCE WAS THE UPDATED PROFORMA AND INSTEAD OF PROJECTING [01:00:03] PROVIDING PROJECTIONS AT EACH LINE, THEY. THEY PROVIDED PROJECTIONS IN THE BOTTOM LINE PER CATEGORY. ONE OF THE THINGS FOR POINT OF CLARITY COUNCIL MEMBER SCOTT AND FOR COUNCIL IS THAT WHAT I'VE EXPRESSED TO THE FINANCE TEAM AS WE PRESENT THIS. MOVING FORWARD, WE JUST WANT TO MAKE SURE THAT WE'RE PRESENTING IT IN OUR FORMAT FOR CONSISTENCY. SO IT'S EASY TO UNDERSTAND. AND SO MOVING FORWARD, THE INTENTION WOULD BE TO HAVE THIS IN OUR OWN FORMAT THAT YOU GUYS ARE ACCUSTOMED TO SEEING. I THINK THAT WILL ADDRESS SOME OF THE CONCERNS. THAT WILL ADDRESS A LOT OF THE CONCERNS. THIS ISN'T SOMETHING THAT I'M LOOKING AT NOW THAT I COULD TAKE TO THE BANK. IT'S JUST ALL SPECULATION. AND I GUESS THAT'S WHAT A PRO FORMA IS. VERY CAREFUL SPECULATION. OKAY. ALL RIGHT. THAT'S ALL I GOT. THAT BRINGS US TO THE 4B FUND AT LARGE. AND YOU CAN SEE IT HAS THE SALES TAX, AS WE'VE BEEN ABOUT A LITTLE ABOUT 3% OVER THE BUDGET OR OVER LAST YEAR, THIS YEAR. AND WE'RE CONTINUING THAT TREND, AND SO THAT'S WHAT WE'RE MODELING IN FOR 4A AND 4B. WHEN WE GET DOWN INTO THE EXPENDITURES WE HAVE THAT THE CURRENT DEBT SERVICE, AND THEN THE NEW DEBT SERVICE IS PRETTY LOW. TOOK OUT A LOT OF THOSE PROJECTS FOR THE MASTER PLANS. AND SO THAT NUMBER IS LOW RIGHT NOW. AND THEN BELOW THAT WE HAVE THE TRANSFERS, THOSE ARE THE SUBSIDIES THAT WE JUST SAW THE NEEDS FOR FROM THE PPF, THE GOLF, BARTLETT AND CHISENHALL HALL IN THOSE SLIDES THAT WE JUST REVIEWED. BUT THIS INTO THE FUTURE FOR FIVE YEARS HAS A PROJECTED ENDING FUND BALANCE AT THE END OF 2031 AT 57%. THE ONE THING THAT I WILL SAY IS, IS THAT I THINK WILL BE IMPACTFUL HERE, THAT ARE NOT CURRENTLY PROGRAMED, IS ONE OF THE VAST MAJORITY OF THE EQUITY ADJUSTMENTS THAT HAVE BEEN PROPOSED BY THE HR DEPARTMENT ARE IN GOLF AND PARK OPERATIONS. AND SO THOSE ARE NOT PROGRAMED AT THIS TIME. ONCE THEY ARE, IT WILL HAVE AN IMPACT ON THIS FUND BALANCE PROJECTION. IF THERE ARE ANY QUESTIONS, I'LL MOVE FORWARD TO THE TIF FUND. ANYONE? WE'RE GOOD. OKAY, THAT BRINGS US TO THE LAST FIVE YEAR FORECAST THAT WE'LL BE REVIEWING THIS EVENING. WE'LL BE BACK IN THE SECOND MEETING OF THE MONTH TO REVIEW THE MINOR FUNDS. SO HERE'S THE TIF FUND. AND AGAIN, THIS IS CAPTURING INFORMATION FROM THE APRIL 30TH DATA THAT WE RECEIVED FROM THE COUNTIES. IT'S REALLY EARLY. THERE'S NOT A LOT OF TIF INFORMATION PROVIDED REALLY EARLY. SO THESE ARE ESTIMATES THAT WE HAVE INTO THE FUTURE. AND FOR THIS WE SHOWED THAT 3.93322% INCREASES INTO THE FUTURE FOR THE TIF. WE KEEP IT FLAT AND JUST RELY ON NEW VALUE BECAUSE THERE'S NOT A LOT OF, OR THERE'S NOT A LOT OF NEW VALUE IN THE TIF AREA. AND SO WE'RE VERY CONSERVATIVE WITH OUR TIF PROJECTIONS INTO THE FUTURE FOR THE AD VALOREM REVENUE. AND THIS DOES HAVE OUR CURRENT DEBT SERVICE OBLIGATIONS. AND THIS IS KIND OF A SPOILER ALERT FOR THE CIP. THERE'S NOTHING PLANNED RIGHT NOW PROGRAMED IN THE CIP FOR NEW DEBT FOR THE TIF2 FUND. I PROPOSE WE KEEP IT THAT WAY FROM NOW ON. I LIKE SEEING THAT. I THINK THE CURRENT DEBT SERVICE CHARGE IS ALREADY AS HIGH AS IT NEEDS TO BE. RECEIVED. UNDERSTOOD. ANYBODY ELSE? WITH THAT, I WILL PASS IT TO RANDY. THANK YOU. GOOD EVENING, MAYOR AND COUNCIL. I'M GOING TO RUN THROUGH THE PROPOSED FY 27 THROUGH 31 CIP. YOU SHOULD ALL HAVE A PRINTED OUT VERSION OF THE PACKET. IT, IT'S GOING TO BE A LITTLE BIT EASIER FOR YOU TO FOLLOW ALONG. THE SLIDES ARE A LITTLE BIT HARD TO READ BECAUSE THERE'S A LOT OF DATA IN THERE, BUT FEEL FREE TO, YOU KNOW, STOP ME AND ASK ME ANY QUESTIONS AS I GO ALONG. SO IN THE CIP PORTION OF THE PRESENTATION, I'M GOING TO QUICKLY GO OVER THE CURRENT CIP, WHICH IS FY 26 THROUGH 30. THEN I'M GOING TO JUMP INTO THE PROPOSED FY 27 5-YEAR, AND THEN CONCLUDE WITH JUST A BRIEF OVERVIEW OF OUR OWN PROGRAM AND PROJECT [01:05:03] CONSIDERATIONS. AND FOR THOSE OF YOU THAT AS I GET TO THE NEW CIP, FOR THOSE OF YOU THAT AREN'T PART OF THE INFRASTRUCTURE AND DEVELOPMENT COMMITTEE, THE CIP IS GOING TO LOOK MUCH DIFFERENT IN FY 27. SO I'LL GO THROUGH SOME OF THOSE CHANGES LATER IN THE PRESENTATION, TRY TO POINT OUT SOME ITEMS, BUT FEEL FREE TO STOP ME IF YOU HAVE ANY QUESTIONS BECAUSE IT IS NEW. SO THE CIP THIS IS AS OF MAY 4TH, 2026, THE LATEST ADOPTED AMENDMENT OF THE CIP. YOU CAN TELL OR THIS IS WHAT YOU GUYS ARE USED TO SEEING. IT'S BROKEN DOWN AS GENERAL GOVERNMENT HERE ON THIS SLIDE, AND YOU HAVE THE WATER AND SEWER PROJECTS ON THIS SLIDE. AND THIS IS ALL. ALL CURRENT. THE 4A PROJECTS ARE BROKEN OUT SEPARATELY. THEN YOU HAVE THE 4B PROJECTS. TIF, WHICH CURRENTLY DOES NOT HAVE ANY PROJECTS IN THE FIVE YEAR. AND THEN OUR FUND SUMMARY. SO AS I MOVE INTO THE FY 27, YOU'LL NOTICE IT LOOKS MUCH DIFFERENT AND IT'S BROKEN DOWN DIFFERENTLY, WHICH I'LL GO OVER. ONE THING YOU'LL NOTICE IN THE NEW CIP, WHICH IS A LITTLE BIT DIFFERENT THAN THE CURRENT MODEL, IS, WE ARE SUMMARIZING CHANGES IN THE SUMMARY TABLE HERE. WE'VE STARTED INCLUDING THIS IN SOME OF THE RECENT CIP AMENDMENTS FOR FY 26. BUT THIS IS MOVING AWAY FROM THE RED LINE CHANGES AND PROVIDES A LITTLE BIT MORE CONTEXT ON OUR CHANGES THAT ARE PROPOSED. SO IN THIS TABLE, AND I'M GOING TO GO THROUGH THESE IN DETAIL, BECAUSE THIS GIVES US AN OPPORTUNITY TO REVIEW THE CHANGES. BUT THESE ARE THE CHANGES THAT ARE FROM THE CURRENT FY 26 CIP. SO IF WE'RE ADDING ANYTHING IN FY 31, THE NEW YEAR, IN THE FIVE YEAR IT'S LISTED ON HERE, IF THERE'S ANY ADDITIONAL CHANGES THAT WE'RE PROPOSING, IT'S ON THERE. AND THEN ANY FEEDBACK THAT WE'VE GOTTEN FROM THE INFRASTRUCTURE AND DEVELOPMENT COMMITTEE, IT'S INCORPORATED IN HERE AS WELL. SO I'M GOING TO RUN THROUGH THESE LINE BY LINE. SO BEAR WITH ME. SO WE STARTING AT THE TOP, WE HAVE OUR NEIGHBORHOOD STREET REBUILD PROGRAM. WE ARE ADDING $1 MILLION TO THE FY 31 YEAR TO CONTINUE THAT PROGRAM. AND THAT WOULD CONTINUE TO ALLOW US TO ADDRESS NEIGHBORHOOD STREETS. THE SECOND PROJECT ON THERE IS OUR RENFRO & JOHNSON PEDESTRIAN IMPROVEMENTS PROJECT. THIS IS AN EXISTING PROJECT THAT WE'VE BEEN WORKING ON BUT WAS NEVER FULLY FUNDED IN THE FIVE-YEAR CIP. SO WE'VE IDENTIFIED IN FY 27 ADDING 425,000 WHICH IS A COMBINATION OF SIDEWALK ESCROW FEES, WHICH COME IN FROM DEVELOPMENTS THAT MAYBE AREN'T ABLE TO INSTALL SIDEWALK IMPROVEMENTS. SO WE HAVE A FUND THERE THAT HAS A BALANCE THAT WE'RE PUTTING ON THIS PROJECT. AND THEN WE HAVE SOME TIF NON BOND FUNDING, 180,000 THAT WE'VE IDENTIFIED TO FULLY FUND THAT PROJECT. THE NEXT PROJECT IS OUR FM 1902 AND COUNTY ROAD 910 PEDESTRIAN MOBILITY PROJECT. WE HAVE DESIGN FUNDING IN PRIOR YEARS, BUT WE'VE SHIFTED OUR FY 27 ALLOCATION TO FY 28, AND THIS JUST ALIGNS BETTER WITH OUR PROJECT SCHEDULE. THE NEXT PROJECT ON THIS LIST IS OUR MOBILITY PLAN UPDATE AND IMPACT FEE ASSESSMENT. THIS IS A NEW PROJECT THAT'S BEING PROPOSED, AND PER THE RECOMMENDATION FROM THE I&D COMMITTEE WE'VE ADDED 325,000 IN FY 27, WHICH WILL ALLOW US TO UPDATE OUR MOBILITY MASTER PLAN AS WELL AS THE IMPACT FEE ASSESSMENT. NEXT PROJECT IS ANOTHER NEW PROJECT THAT'S BEING ADDED. AND THIS WAS NOT ON THE LATEST I&D PRESENTATION, BUT THIS IS FAIRLY RECENT INFORMATION. WE RECEIVED A GRANT FROM TXDOT OR FROM NCTCOG FOR SH174 HSIP FUNDING FOR TRAFFIC SIGNAL IMPROVEMENTS ALONG THE SH174 CORRIDOR. IT'S VARIOUS TRAFFIC SIGNAL IMPROVEMENTS. AND THIS ALLOCATION WOULD COVER THE GRANT, WHICH WOULD BE 363,848. THAT WOULD BE A REIMBURSEMENT FROM THE GRANT. AND THEN 105,428 IN CO BOND FUNDING. SO YOU'LL NOTICE THAT IN THE CIP, THAT NEW PROJECT BEING ADDED. NEXT IS OUR WATER AND SEWER REHAB PROGRAM. THIS IS ON THIS CHANGE SUMMARY FOR EXTENDING INTO FY 31 AND CONTINUING OUR $2 MILLION WATER ALLOCATION AND $3 MILLION OF SEWER ALLOCATION THAT WE'VE DONE EVERY YEAR. AND SO THEY'LL BE CONTINUING THAT ANNUAL REHAB PROGRAM. THE NEXT PROJECT IS OUR PARKVIEW DRIVE SEWER UPSIZING TO 10 INCH. THIS IS ANOTHER PROJECT THAT SHIFTED FROM FY 27 TO FY 28 TO ALIGN BETTER WITH OUR PROJECT SCHEDULE. [01:10:05] THE NEXT PROJECT ON THE LIST IS OUR 12-INCH WASTEWATER LINE REPLACEMENT IN VILLAGE CREEK BASIN. THIS PROJECT HAD AN INCREASED ALLOCATION IN FY 27 OF 1.9 MILLION. THIS PROJECT IS REPLACING AN UNDERSIZED SEWER MAIN THAT RUNS RIGHT THROUGH THE PINE CREEK GOLF COURSE. AND AFTER LOOKING AT THE PROJECT AND GETTING INTO THE DESIGN, OUR RECOMMENDATION IS TO MOVE THAT SEWER LINE INTO HIDDEN CREEK AND HIDDEN CREEK PARKWAY AND DOBSON STREET AND GET IT OUT OF THE GOLF COURSE TO REDUCE ANY IMPACTS THAT THAT WORK MAY HAVE ON THE GOLF COURSE OPERATIONS. AND WITH THAT, WE HAVE ADDITIONAL PAVEMENT REPLACEMENT IN HIDDEN CREEK PARKWAY TO REPLACE THE PAVEMENT THAT WOULD BE ON TOP OF THE NEW SEWER LINE. AND SO THAT'S THE INCREASED COST ON THAT PARTICULAR PROJECT. THE NEXT PROJECT IS A NEW PROJECT FOR FY 27 THAT'S BEING ADDED THE RENFROE WIDENING UTILITY RELOCATIONS. AS MANY OF YOU PROBABLY KNOW, TXDOT IS WORKING ON A RENFROE WIDENING PROJECT. THEY DON'T HAVE A SET SCHEDULE FOR CONSTRUCTION YET, BUT THEY ARE GOING THROUGH DESIGN AND RIGHT OF WAY ACQUISITION. AND WE HAVE SEVERAL CITY UTILITIES WITHIN THAT CORRIDOR. AND JUST LIKE WHEN WE'RE DOING A PROJECT, WE WORK WITH THE OUTSIDE UTILITY COMPANIES TO RELOCATE THEIR FACILITIES TO ACCOMMODATE THE IMPROVEMENTS. WE ARE THE UTILITY COMPANY IN THIS CASE. AND SO WE'RE PROPOSING ADDING AN ALLOCATION IN FY 27 TO INITIATE THE DESIGN OF THOSE UTILITY RELOCATIONS THAT ARE NECESSARY. THE NEXT PROJECT IS THE WATER AND WASTEWATER MASTER PLAN UPDATE AND IMPACT FEE ASSESSMENT. THIS IS SIMILAR TO THE MASTER MOBILITY PLAN. THIS WOULD ALLOW US TO MOVE FORWARD WITH AN UPDATE ON THOSE. AND IT'S A $325,000 ALLOCATION AS WELL. THE LAST TIME THOSE TWO STUDIES WERE UPDATED WAS IN DECEMBER OF 2023. THE NEXT PROJECT ON HERE IS CHISHOLM WEST LIFT STATION FORCE MAIN AND COLLECTOR. THIS PROJECT WE ARE SHIFTING. SO THE CURRENT CIP HAS AN ALLOCATION IN FY 27. WE'RE SHIFTING $5 MILLION OF THAT ALLOCATION TO A REIMBURSEMENT FUNDING SOURCE. SO THE DOLLAR AMOUNT DOESN'T CHANGE. IT'S JUST A DIFFERENT COLOR OF MONEY BECAUSE OF THE CHISHOLM SUMMIT AND TALLGRASS DEVELOPMENTS. THOSE DEVELOPMENT AGREEMENTS FOR THOSE DEVELOPMENTS INCLUDE REIMBURSEMENT FOR THIS PARTICULAR LIFT STATION. AND SO WE'RE JUST SHIFTING IT FROM BOND FUNDING TO A REIMBURSEMENT. THE NEXT PROJECT IS A NEW PROJECT FOR FY 27 TO PURCHASE SEWER CAPACITY FROM THE CITY OF FORT WORTH. SO THIS WOULD BE AN INCREASE TO OUR SEWER CAPACITY. WE HAVE 3.7 MILLION ALLOCATION THERE, AND IT WOULD BE A 10 MGD INCREASE WITH CITY OF FORT WORTH. SO WE'RE WORKING THROUGH SEWER CAPACITY ASSESSMENT RIGHT NOW AND STARTING TO HAVE DISCUSSIONS WITH CITY OF FORT WORTH. THE NEXT PROJECT IS THE HYDER RANCH MASTER PLAN SEWER. THIS PROJECT WAS IN THE CURRENT CIP IN FY 28 AND FY 30, WE'RE MOVING THOSE ALLOCATIONS TO THE UNPROGRAMMED PROJECT LIST DUE TO UNCERTAINTY ON THE DEVELOPMENT. ANY QUESTIONS ON THIS LIST? I KNOW THERE'S A LOT OF INFORMATION THERE. I'M GOING TO GO TO THE SECOND SHEET OF THE CHANGE SUMMARY. IF THERE'S A WW2601, THE 12-INCH WASTEWATER LINE REPLACEMENT. YES. SINCE WE'RE MAKING A CHANGE AROUND THE GOLF COURSE AFTER THAT, ARE WE TAKING THE SAME PATH THAT WAS PREDICTED BEFORE? YEAH, IT THE CURRENT PATH GOES FROM HIDDEN CREEK PARKWAY AND TIES INTO AN EXISTING AN EXISTING SEWER IN DOBSON STREET. SO WE'RE GOING AROUND THAT AND WE'RE TYING IN AT A VERY SIMILAR LOCATION OR ABOUT THE SAME LOCATION. OKAY. ALL RIGHT THE SECOND SHEET OF THE CHANGE SUMMARY. AND FORGIVE ME, I DIDN'T MENTION IT, BUT IN YOUR PACKETS IT'S SHEETS 15 AND 16. THEY'RE NOT IN THE FRONT OF YOUR PACKET. BUT ON THE SECOND SHEET OF THE CHANGE SUMMARY WE HAVE THE BAILEY LAKE PLAYGROUND. THIS WAS IN FY 27 UNDER THE PARKS PROJECTS, AND THIS IS BEING MOVED TO UNPROGRAMMED. THIS IS BASED ON STAFF'S RECOMMENDATION AS WELL AS SOME FEEDBACK FROM THE INDI COMMITTEE. THE NEXT PROJECT IS LOCKER ROOM REMODEL AT THE BRICK. THIS IS ADDED TO FY 27 WITH AN ALLOCATION OF $763,350. [01:15:05] THIS WOULD BE A CONTINUATION OF THE BRICK REMODEL WORK. THE LOCKER ROOMS WERE NOT PART OF THAT THAT PROJECT. THE NEXT PROJECT IS ANOTHER PROJECT AT THE BRICK, THE OUTDOOR POOL, REPLASTER AND TILE. WE ADDED 236,006 50 AS AN FY 27 ALLOCATION. NEXT PROJECT IS OUR AND THIS IS BURLESON LEGACY PARK, NOT NEW COMMUNITY PARK. NOW THAT WE HAVE AN OFFICIAL NAME. THIS IS THE FUTURE PLAYGROUND OR PHASE TWO OF THE BURLESON LEGACY PARK PROJECT. THIS WAS ORIGINALLY PROGRAMED IN FY 28 BECAUSE WE WERE AWARDED THE GRANT ON THAT PROJECT. WE'RE MOVING IT UP TO FY 27 AND THEN INCREASING THE ALLOCATION ON THAT BY 1.6 MILLION TO FULLY FUND THAT PROJECT AND ALIGN WITH THE GRANT SCOPE. THE NEXT PROJECT IS ELK RIDGE PARK BATHROOM ADDITION. THIS WAS PROGRAMED IN FY 28 AND THIS IS BEING MOVED TO THE UNPROGRAMMED PROJECT LIST. THE NEXT PROJECT IS OUR GREEN RIBBON PHASE 3. THIS WOULD BE A FUTURE PROJECT. WE WERE ANTICIPATING IT BEING AN FY 27, BUT DUE TO SOME RECENT COORDINATION WITH THE FUNDING PROGRAM WE'RE MOVING THAT TO FY 28, BUT THIS WOULD BE A CONTINUATION OF THE MEDIAN LANDSCAPING AND JOHN JONES THAT WE'VE DONE WITH PHASE 1 THAT WAS RECENTLY COMPLETED. AND THEN PHASE 2 IS CURRENTLY UNDER DESIGN. THIS PROJECT WOULD ALLOW US TO INITIATE THAT DESIGN AND GO AFTER AN ADDITIONAL GRANT TO FUND IT. THE NEXT PROJECT IS MISTLETOE HILL. THIS WAS ACTUALLY ON THE CIP IN TWO DIFFERENT LINES, THERE WAS A MISTLETOE HILL RESTROOM AND THEN PLAYGROUND. THIS IS BEING COMBINED INTO ONE PROJECT. AND IT'S ALSO WE MOVED THE ALLOCATION TO FY 28 AND ESCALATED THE COST. THEY WERE ORIGINALLY IN FY 27. THE NEXT PROJECT IS CHISENHALL PLAYGROUND REPLACEMENT. THIS IS A FY 29 ALLOCATION. WE'VE SHIFTED THE FUNDING SOURCE ON THIS FROM 4B BOND FUNDING TO A REIMBURSEMENT TO ALLOCATE THE FUTURE SPONSORSHIP REVENUE FROM SFC. THE NEXT PROJECT IS THE BRICK ROOF REPLACEMENT. WE HAD THIS IN THE CIP IN FY 29, AND WE'RE INCREASING THE ALLOCATION TO 1.5 MILLION. AND THAT ALIGNS WITH PROPOSALS OR COST ESTIMATES THAT WE'VE RECEIVED ON THAT PROJECT. AND SO WE'RE INCREASING IT TO BE ABLE TO COVER THOSE COSTS. THE NEXT PROJECT IS THE HEBERLE PARK IMPROVEMENTS. THIS MOVED FROM FY 28 TO FY 29. AND WE INCREASE THE COST OR ESCALATED THE COST ON THAT PROJECT. AND THEN LAST PROJECT ON THIS CHANGE SUMMARY BASED ON WHAT WE PRESENTED TO THE I&D COMMITTEE. AND SOME OF THE FEEDBACK WE'VE GOTTEN, WE ADDED A PROJECT ON HERE FOR CAD REPLACEMENT CONSOLES. THESE ARE OUR DISPATCH CONSOLES. THEY'RE IN NEED OF REPLACEMENT. AND ON THIS CIP YOU'LL SEE IT'S ADDED 960,000 FOR FY 27. WE ARE WORKING ON A PROPOSED CIP AMENDMENT THAT MAY PUSH THIS UP, BUT WE'RE CURRENTLY SHOWING THAT IN FY 27 AS AN ALLOCATION. IS THERE ANY QUESTIONS ON THIS CHANGE SUMMARY? GO AHEAD. ALL RIGHT. THANK YOU. SO MOVING ON TO THE CIP. JUST AN OVERVIEW. AND YOU GUYS HAVE THIS IN FRONT OF YOU IN THE PACKET. ONE OF THE MAJOR CHANGES IS SHIFTING FROM BREAKING OUT PROJECTS BY FUNDING SOURCE TO BREAKING THEM OUT BY PROJECT TYPE. SO YOU CAN SEE HERE, ALL OF THE STREETS, SIDEWALKS AND DRAINAGE PROJECTS ARE SUMMARIZED TOGETHER. YOU'LL SEE THE WATER AND SEWER STILL TOGETHER. BUT THEN WE HAVE CAPITAL EQUIPMENT IS SUMMARIZED TOGETHER, DEVELOPMENT PROJECTS AND PARKS PROJECTS. AND SO THEY'RE GROUPED BY PROJECT TYPE. ANOTHER BIG CHANGE TO THIS THIS LAYOUT, YOU CAN SEE THERE'S A BREAKDOWN ON THE PHASES OF THE PROJECTS AS WELL AS A LITTLE BIT MORE DETAIL ON EACH PROJECT. JUST TO PROVIDE MORE TRANSPARENCY ON THE PROJECT DETAILS BY THE YEAR. SO THIS FIRST SECTION, I'M GOING TO JUST RUN THROUGH THIS QUICKLY AND HIGHLIGHT A COUPLE OF THEM. BUT IF YOU HAVE ANY QUESTIONS ON ANY OF THESE PROJECTS, AS I RUN THROUGH THEM, FEEL FREE TO STOP ME. AS I MENTIONED EARLIER ON THE CHANGE SUMMARY, WE'VE ADDED THE FY 31 ALLOCATION FOR OUR NEIGHBORHOOD STREET REBUILD PROGRAM. [01:20:01] THAT'S AT THE TOP OF THAT LIST. THE REST OF THE PROJECTS RENFRO AND JOHNSON, THAT'S THE SECOND FROM THE LAST THAT ONE AS WELL. WE ALLOCATED THE ADDITIONAL FY 27 FUNDING. SO THAT WAS NOTED ON THE CHANGE SUMMARY. THE SECOND SHEET OF THE STREET, SIDEWALKS AND DRAINAGE PROJECTS. THERE'S A COUPLE SHIFTS THERE. WE HAD THE FM 1902 AND CR 910 PEDESTRIAN MOBILITY, YOU COULD SEE THAT SHIFT TO, TO FY 28. AND THEN THE ADDITION OF THE MOBILITY PLAN UPDATE AND IMPACT FEE ON THE SECOND SHEET. THE MOVING TO THE THIRD SHEET WE HAVE OUR, OUR NEW SH174 HSIP TRAFFIC SIGNAL IMPROVEMENTS PROJECT ADDED THERE. AND THAT CONCLUDES THE MAJOR CHANGES ON THE STREETS AND SIDEWALKS. WHAT SIGNALS ARE GOING TO BE AFFECTED BY THAT? I DO NOT HAVE THAT INFORMATION THERE. THERE'S A NUMBER OF SIGNALS. I DO NOT HAVE THAT INFORMATION WITH ME AT THE MOMENT THOUGH, UNFORTUNATELY. OKAY, WELL, AN EIGHT IS A HIGHWAY SIGNAL IMPROVEMENT PROGRAM. WHAT KIND OF IMPROVEMENTS ARE THEY GOING TO DO WE DON'T ALREADY HAVE. YEAH, SO THEY'RE UPGRADING A LOT OF THE REFLECTIVE BACK PLATES. THE PEDESTRIAN INDICATION AND SOME OF THE PED PUSH BUTTONS. SO THERE'S A NUMBER, DEPENDING ON WHICH LOCATION, THERE'S A NUMBER OF IMPROVEMENTS AT THOSE INTERSECTIONS. ARE THEY ALL AUDIBLE PED SIGNALS NOW? I DON'T BELIEVE SO, BUT. I KNOW THE ONE AT RENFRO IS, BUT I DON'T KNOW IF ANY OF THE OTHERS ARE. IT DOESN'T MATTER. I JUST WAS CURIOUS WHAT IMPROVEMENTS THEY HAD SINCE OUR INTELLIGENT SIGNAL PROGRAM IS PRETTY MUCH GOT THE PROGRAMING AND EVERYTHING, PROBABLY TO THE STATE OF THE ART. I DIDN'T KNOW WHAT ELSE THERE WOULD BE LEFT TO IMPROVE. YEAH, I DON'T BELIEVE OUR ITS PROJECT MADE THESE TYPE OF IMPROVEMENTS. IT WAS MORE ABOUT THE COMMUNICATION AND TIMING COORDINATION BACK TO THE TRAFFIC MANAGEMENT CENTER. SO THESE ARE MORE I GUESS PEDESTRIAN FRIENDLY IMPROVEMENTS OR SOME OF THEM ARE FOR ADA COMPLIANCE. HAVING THE. THE SIGNAL HEADS AND PUSH BUTTONS UPGRADED. IT'S IRONIC TO ME BECAUSE TXDOT IS NOTORIOUS FOR BUILDING ACCESS RAMPS THAT GO OFF THE CLIFF INTO THE GRASS, YOU KNOW, AND SUDDENLY THEY'RE VERY. WE HAVE OUR DIRECTOR OF PUBLIC WORKS THAT HAS MORE INFORMATION ON THESE LOCATIONS. THE PROJECT WAS ASKING ABOUT THE INTERSECTIONS. OKAY, GOOD. GOOD EVENING. THAT PROJECT WILL DO SIGNAL IMPROVEMENTS AND PEDESTRIAN SIGNAL IMPROVEMENTS FROM CHAMBER NORTH TO HEBERLE. I THINK, ERIC, THE SPECIFIC QUESTION IS WHAT ARE THOSE IMPROVEMENTS ENTAIL? SO NEW SIGNAL HEADS, REFLECTIVE BACK PLATES NEW PEDESTRIAN PUSH BUTTONS AND LED COUNTDOWN CLOCKS, TIMERS. OKAY. YOU SAID HEBERLE? FROM HILLARY. I THOUGHT YOU GOT. YOU GOT A TRAFFIC LIGHT IN HEBERLE? YEAH, NORTH OF THE POLICE STATION. OKAY. THANKS, ERIC. APPRECIATE IT. THANKS. YEAH, THAT ONE'S HOT OFF THE PRESS. SO RECENT AWARD THAT PUBLIC WORKS WAS PURSUING. SO, RANDY. THANK YOU. BUT THAT WAS A PUBLIC WORKS PROJECT, SO. YEP. ALL RIGHT, NOW MOVING ON TO WATER AND SEWER PROJECTS, WE HAVE JUST A NOTE ON THE FIRST SHEET HERE, OUR WATER AND SEWER REHAB PROGRAM. WE ADDED THE FY 31 ALLOCATION THERE. AND THEN ON THE NEXT SHEET WE HAVE OUR RENFROE WIDENING AT THE BOTTOM OF THAT PAGE. THERE WE HAVE OUR RENFROE WIDENING UTILITY RELOCATIONS PROJECT BEING ADDED. IT'S ONE THING TO NOTE THERE. AND THEN MOVING ON TO THE THIRD SHEET OR PAGE SIX OF YOUR YOUR PACKETS. THAT'S WHERE YOU COULD SEE AT THE TOP OF THE PAGE THERE ARE WATER/WASTEWATER MASTER PLAN UPDATE AND IMPACT FEE ASSESSMENT. THAT ALLOCATION IN FY 27 IS BEING ADDED. AND THEN ON THE NEXT SHEET IS OUR 12-INCH WASTEWATER LINE REPLACEMENT IN VILLAGE CREEK BASIN. THAT'S THE ONE THAT WE'RE GOING IN HIDDEN CREEK PARKWAY AS WELL AS DOBSON STREET THAT I NOTED. AND LAST ON THAT SHEET IS OUR SEWER CAPACITY INCREASE FROM FORT WORTH. [01:25:02] YOU CAN SEE THAT $3.7 MILLION ALLOCATION IN FY 27. THAT CONCLUDES THE WATER AND SEWER PROJECT. SO MOVING ON TO PARKS PROJECTS. THIS IS ON PAGE EIGHT OF YOUR PACKETS. PROJECTS TO NOTE HERE THE SECOND AND THIRD PROJECT ON THIS LIST, YOU CAN SEE THE BRICK LOCKER ROOM REMODEL AT 763,350 BEING ADDED IN FY 27. AND THEN THE BRICK OUTDOOR POOL REPLASTER AND TILE BEING ADDED THERE. THE FOURTH PROJECT ON THAT LIST YOU SEE IS THE NEW COMMUNITY PARK OR BURLESON LEGACY PARK PLAYGROUND. THAT ALLOCATION INCLUDES THE $750,000 GRANT, AS WELL AS 2.3 MILLION OF 4B FUNDS. MOVING ON TO THE NEXT PAGE OF THE PARKS PROJECTS TO NOTE THE GREEN RIBBON PHASE 3 PROJECT. IT'S ADDED IN FY 28 THAT I MENTIONED. THAT'S AT THE TOP OF THE SHEET. THE SECOND PROJECT IS OUR MISTLETOE HILL PROJECT. THE ALLOCATIONS IN FY 28 AND COMBINING THOSE TWO PROJECTS. AND THEN THE CHISENHALL HALL PLAYGROUND REPLACEMENT IN FY 29. AS WELL AS THE BRICK ROOF REPLACEMENT. THAT ALLOCATION WAS INCREASED IN FY 29. THAT CONCLUDES MOST OF THE CHANGES ON THE PARKS PROJECTS. MOVING ON TO OUR CITY FACILITY PROJECTS THERE'S NO CHANGES THAT WERE BEING PROPOSED IN THE FY 27 THROUGH 31 CIP, BUT YOU CAN SEE THE THREE FACILITY PROJECTS THERE LISTED. OUR PD HEADQUARTER EXPANSION PROJECT WITH OUR FY 27. THAT'S ALL GO BOND FUNDING. AND THEN CITY HALL EV CHARGER IS A RECENT PROJECT THAT WE ADDED IN FY 26. AND FIRE STATION 4, THAT'S IN THE OUT YEARS. WAS THERE A GRANT ON THAT EV CHARGER OF ANY KIND? ARE WE PAYING FOR IT ALL? NO, THAT THAT IS A 100% GRANT FUNDED 100%. 100%. AND SO WE'VE RECEIVED NOTICE FROM NCTCOG FOR THAT AWARD. WE HAVE NOT EXECUTED A GRANT AGREEMENT YET. ONCE WE WORK WITH NCTCOG, IT WILL PROBABLY BE LATER THIS FALL. WE'LL BE BRINGING THOSE ITEMS BEFORE COUNCIL FOR APPROVAL. OKAY. I DIDN'T SEE GRANT ON HERE. I WAS WONDERING WHAT HAPPENED. OKAY. THANK YOU. HEY, RANDY, JUST FOR POINT OF CLARIFICATION, THE THAT PROJECT IS FULLY FUNDED THROUGH GRANT, EXCEPT FOR THE CONDUIT THAT WE'RE HAVING TO PUT IN NOW, CORRECT? THAT IS CORRECT. SO THAT'S ONE ITEM WE'RE TRYING TO GET AHEAD OF RIPPING OUT NEW IMPROVEMENTS. SO OUR 116 SOUTH WARREN PARKING LOT IMPROVEMENT THAT'S UNDER CONSTRUCTION CURRENTLY. SINCE WE'RE, WE'RE BUILDING THAT NEW PARKING LOT, WE WANT TO MAKE SURE THAT WE AREN'T GOING TO IMPACT THAT THOSE NEW IMPROVEMENTS IN THE FUTURE. AND SO WE PUT TWO FOUR-INCH CONDUITS IN THE GROUND FOR THE FUTURE ELECTRICAL SERVICE THAT WOULD GO FROM ONE OF THE POLES IN THE ALLEYWAY TO WHERE THE FUTURE TRANSFORMER WOULD GO. AND THAT WILL PROVIDE POWER TO THE FUTURE EV CHARGERS. SO WE'RE WORKING WITH ONCOR AND GETTING THEIR BLESSING ON GETTING THOSE CONDUITS IN IN ADVANCE OF HAVING A DESIGN. SO WE'RE JUST TRYING TO, TO PLAN FOR THOSE FUTURE IMPROVEMENTS TO MINIMIZE ANY REWORK. AND WE'RE PLANNING ON PLACING THE EV CHARGERS ALONG THE EDGE THERE. WE HAVE FIVE STALLS THAT WERE AVAILABLE. AND THOSE EV CHARGERS WOULD WOULD BE IN REPLACE. OF THOSE FIVE STALLS, WE'D HAVE FOUR EV CHARGING STALLS LOCATED THERE. SO WE'RE TRYING TO COORDINATE THE TWO TWO PROJECTS TO MINIMIZE ANY REWORK. BUT WE DON'T HAVE A DESIGN FOR EV CHARGER PROJECT YET. NOT UNTIL WE HAVE THAT GRANT AGREEMENT IN PLACE AND WE HAVE THE FUNDING TO DO SO. THE LONG AND SHORT IS THAT THE GRANT WOULD HAVE PAID FOR THE CONDUITS, BUT THEY WOULD HAVE TO GO BACK AND EXCAVATE THE AREA THAT WE WERE GOING TO PAVE IN OUR PROJECT. SO WE'RE JUST GOING TO GO AHEAD AND DO THE CONDUIT. YEAH. I'VE GOT A QUESTION, IT'S A LITTLE OFF PACE HERE. WELL, WE NEED A SPECIAL ORDINANCE FOR HOW TO USE THE EV CHARGERS OR WHO CAN USE THEM OR. I THINK A LOT OF THE DETAILS AND YOU CAN GO AHEAD AND COVER. BUT A LOT OF THOSE DETAILS ON WHO'S GOING TO OWN AND OPERATE THE EV CHARGERS AND HOW THEY'RE GOING TO COLLECT REVENUE, THE REVENUE SHARING, A LOT OF THAT'S KIND OF DICTATED BY NCTCOG, AND A LOT OF THAT WILL BE FIGURED OUT IN OUR NEGOTIATIONS ON THE GRANT AGREEMENT, AS WELL AS OUR AGREEMENT WITH THE VENDOR. I THINK THE WAY THEY'RE STRUCTURING THE PROGRAM IS THAT THEY'RE GOING TO HAVE THE VENDOR, THEY'RE GOING TO HAVE A NUMBER OF VENDORS SELECTED, AND WE'RE GOING TO BE ABLE TO WORK WITH ONE OF THOSE VENDORS, NEGOTIATE A CONTRACT. I THINK THEY'RE GOING TO OWN AND MAINTAIN THE EV CHARGERS, BUT WE'RE GOING TO WORK WITH THEM AND HAVE AN AGREEMENT TO ADDRESS COST SHARE AND ANY [01:30:06] REGULATIONS ON TIMING OR ANYTHING LIKE THAT. AND SO THERE MAY BE A NEED FOR SOME FOLLOW UP, BUT THAT'S HOW THEY'RE STRUCTURED. RANDY IS NOT WRONG. WE'RE STILL WORKING THROUGH SOME OF THE DETAILS OF THE GRANT IN TERMS OF THE OPERATOR AND THINGS LIKE THAT. THEY'RE INTENDED TO BE USED FOR THE PUBLIC. AT THIS POINT, I DON'T KNOW THAT THERE'S GOING TO HAVE TO BE ANY REQUIREMENT FOR AN ORDINANCE OR ANYTHING LIKE THAT, BUT ANY OF THE DETAILS ASSOCIATED WITH THE OPERATOR, THE AGREEMENT WITH COG COME BACK, THEN WE WOULD BRING THAT FORWARD. BUT AT THIS TIME, I DO NOT BELIEVE SO. ALL RIGHT. NEXT NEXT SLIDE HERE SHOWS OUR DEVELOPMENT PROJECTS WHICH WE ONLY HAVE ONE FUTURE PROJECT. IT HAS 10 MILLION IDENTIFIED IN FY 29 FOR THE OUT YEARS FOR ANY FUTURE POTENTIAL CAPITAL PROJECTS. AND THEN NEXT IN THE PRESENTATION IS OUR CAPITAL EQUIPMENT. YOU CAN SEE THERE I MENTIONED EARLIER THE AT THE TOP OF THIS LIST IS OUR CAD DISPATCH UNITS, THE REPLACEMENT OF THOSE CONSOLES. THAT IS IN FY 27 ALLOCATION IN THIS CURRENT PROPOSED CIP. AND THEN YOU CAN SEE THE REST OF THE CAPITAL EQUIPMENT IS IN THE OUT YEARS. AND THERE WAS NO CHANGES TO THOSE PROJECTS. SO THAT CONCLUDES THE PROJECT LIST. THIS SLIDE SHOWS A BRIEF OVERVIEW. AND THIS IS PAGE 14 OF YOUR PACKET. THIS IS JUST THE TOP PORTION OF THAT THAT SHEET. THERE'S A LOT MORE DETAILS ON PROJECT COUNTS, DOLLARS SPREAD OUT BY THE TYPES OF PROJECTS AND PHASES. YOU GUYS CAN LOOK AT, BUT THIS IS JUST AN OVERVIEW OF OUR DIFFERENT FUNDING SOURCES AND THE ALLOCATION BY YEAR FOR THE FIVE YEAR CIP. AND THE NEXT COUPLE SLIDES COVERS OUR UNPROGRAMMED PROJECT CONSIDERATIONS. THIS IS SOMETHING THAT'S NEW WITH THE FY 27 CIP AND THE WAY WE'VE STRUCTURED IT, OUR SPREADSHEET THAT WE'RE USING TO MANAGE THE CIP, AS WELL AS ALL THE DIFFERENT FUNDING SOURCES WE'VE BUILT IN A WAY TO MANAGE UNPROGRAMMED PROJECTS. AND THIS COULD BE A COMBINATION OF EXISTING PROJECTS THAT ARE UNDERFUNDED, THAT MAYBE HAVE A FUTURE NEED. WE'VE BEEN ABLE TO IDENTIFY THAT FUTURE NEED AND LIST THE PROJECT AND THE UNPROGRAMMED COST IN THIS SUMMARY HERE. IT COULD BE PROJECTS LIKE OUR ALSBURY PHASE THREE WHERE WE KNOW WE HAVE A FUTURE GRANT NEED, BUT WE'RE WORKING THROUGH DESIGN RIGHT OF WAY. ALL OF THAT'S ALREADY FUNDED WITHIN THE CIP. BUT WE KNOW IN ORDER TO MOVE FORWARD, WE'RE GOING TO HAVE A CONSTRUCTION ALLOCATION WHERE WE NEED TO OBTAIN A GRANT. SO YOU'LL FIND PROJECTS LIKE THAT ON THIS LIST. THIS LIST ALSO WILL INCLUDE ANY PROJECTS THAT DON'T HAVE ANY FUNDING AT ALL. THAT WE'RE IDENTIFYING KIND OF LIKE A NEEDS LIST, EITHER LED BY STAFF IDENTIFYING THE NEED FOR A PROJECT OR COUNCIL OR THE COMMUNITY. AND SO OUR, OUR TEAM IS GOING THROUGH AND ALLOWING OR LOOKING AT EACH ONE OF THESE PROJECTS, PUTTING TOGETHER ESTIMATES ON THOSE PROJECTS AND PUTTING THEM ON THIS LIST SO THAT WE CAN KEEP TRACK OF THEM. AND SO THAT COUNCIL CAN MAKE RECOMMENDATIONS IF WE WANT TO LOOK AT MOVING ANY OF THESE INTO THE FIVE YEAR CIP, WE CAN DO THAT. SO THAT'S THE REASONING BEHIND THIS PROJECT DETAIL. I'M NOT PLANNING ON GOING THROUGH LINE BY LINE BECAUSE THERE ARE A LOT OF PROJECTS ON HERE. BUT IF YOU DO HAVE ANY QUESTIONS ON ANY OF THESE PROJECTS, I'D BE HAPPY TO ANSWER THEM AND GET INTO THE DETAILS, BUT THIS WILL BE A TOOL MOVING FORWARD FOR US TO KEEP TRACK OF PROJECTS AND PLAN FOR THE FUTURE. THERE'S TWO PAGES THERE, AND THAT CONCLUDES THE CIP PRESENTATION. IS THERE ANY QUESTIONS THAT I MAY BE ABLE TO ADDRESS? I DON'T GUESS SO. YOU GUYS HAVE DONE A GREAT JOB. THANK YOU. THANK YOU. I'M GOING TO PASS IT BACK TO KEVIN TO FINISH OUT THE PRESENTATION. THANK YOU RANDY. SO WE'LL CONCLUDE WITH A FEW SLIDES LOOKING AT THE DEBT ISSUANCE CALENDAR FOR THIS UPCOMING ISSUANCE LATE SUMMER. SO BEGINNING SHORTLY, WE'RE BEGINNING WORKING ON THE OFFICIAL STATEMENT AND THE NOTICE OF INTENT, WHICH WILL BE COMING IN THE NEXT MEETING. AND THEN WE'LL BE WORKING ON PUBLISHING THOSE OR PUBLISHING THAT INTENT THE REMAINDER OF THE MONTH. AND THEN WE'LL BEGIN WITH DRAFTS WORKING ON THE OFFICIAL STATEMENT BEGINNING IN JULY. [01:35:11] AND THEN ONCE WE HAVE THAT DRAFT, THE OFFICIAL STATEMENT REVIEWED GONE THROUGH ITS DIFFERENT PACES, WE'LL HAVE THE WE'LL DISTRIBUTE THAT TO THE RATINGS AGENCIES ON THE 20TH OF JULY, AND THEN WE'LL HAVE MEETINGS WITH THOSE AGENCIES THE LAST WEEK OF JULY, AND THEN WE'LL HEAR BACK FROM THEM ABOUT THE 17TH OF AUGUST. AND THEN THAT NIGHT ALSO IS WHEN WE WOULD INTEND TO BRING THE PARAMETERS ORDINANCE AUTHORIZING THE ISSUANCE OF THE BONDS AND CERTIFICATES, WHICH GIVES PURVIEW FOR A RANGE OF ABILITIES TO FOR THE CITY. AND THEN THE 19TH IS WHEN WE'LL BE POSTING THAT OFFICIAL STATEMENT. AND THEN ON THE 26TH OF AUGUST IS WHEN IT WOULD BE THE POTENTIAL PRICING DATE. MARKET FLUCTUATES. SO THAT IS AGAIN, THE POTENTIAL DATE. WE'LL GO WITH THE BEST OPTIONS AT THE TIME. AND THAT'S WHAT THAT PARAMETERS ORDINANCE WILL GIVE US THE ABILITY TO, TO MAKE THE BEST DECISION AT THAT TIME. AND THEN THE SEPTEMBER 24TH IS WHEN THE SCHEDULED CLOSING AND DELIVERY OF THE FUNDS TO THE CITY WOULD BE. AND WITH THAT, WE'LL [INAUDIBLE]. HARLAN. THANK YOU. KEVIN. MR. MAYOR, I WANT TO POINT OUT ON THE PREVIOUS SLIDE, IT REFERENCED THE RATING AGENCIES, AND WE PREVIOUSLY HAD CONVERSATION WITH THE COUNCIL ABOUT USING ONE RATING AGENCY FOR THIS UPCOMING YEAR, THAT BEING MOODY'S INSTEAD OF STANDARD AND POOR'S. WE FOLLOWED UP WITH THAT CONVERSATION LAST WEEK WITH THE FINANCE COMMITTEE, AND THEY WERE SUPPORTIVE OF THAT DECISION. SO I JUST WANT TO MAKE SURE THE FULL COUNCIL KNEW WE WERE ON THAT PATH. THANK YOU. ANYONE ELSE? THANK YOU KEVIN. THANK YOU, MAYOR AND COUNCIL. THAT WILL BRING US TO SECTION EIGHT CITY COUNCIL REQUEST FOR FUTURE AGENDA ITEMS AND REPORTS. NO ONE. THAT WILL BRING US TO SECTION NINE EXECUTIVE SESSION. [9. RECESS INTO EXECUTIVE SESSION] AND WE DO HAVE A NEED FOR EXECUTIVE SESSION THIS EVENING IN ACCORDANCE WITH CHAPTER 551 OF THE TEXAS GOVERNMENT CODE, THE CITY COUNCIL WILL CONVENE INTO EXECUTIVE SESSION IN THE CITY COUNCIL WORKROOM IN CITY HALL TO CONDUCT A CLOSED MEETING PURSUANT TO SECTION 551.071, 551.072, 551.076 AND 551.087. MAYOR WILL YOU ADJOURN US INTO EXECUTIVE SESSION AND STATE THE TIME? WE'RE GOING INTO EXECUTIVE SESSION AT 7:08. WE'RE BACK IN SESSION AT 7:46 AND I WANT TO ASK FOR A MOTION TO ADJOURN. ONE MORE. DON'T BE SHY. OH, SOMEONE BLINKED ON, BLINKED OFF. OKAY, THERE YOU GO. I GOT A MOTION BY DAN A SECOND BY LARRY. PLEASE VOTE. PASSES UNANIMOUS. WE'RE ADJOURNED AT 7:47. THANK YOU. * This transcript was compiled from uncorrected Closed Captioning.