083118 Friday Staff Report `„F City Manager's Office
DENTON 215 E. McKinney St., Denton, TX 76201 • (940) 349-8307
MEMORANDUM
DATE: August 31, 2018
TO: The Honorable Mayor Watts and Council Members
FROM: Todd Hileman, City Manager
SUBJECT: Friday Staff Report
I. Council Schedule
A. Meetings
1. No City Council Meeting on Tuesday, September 4, 2018.
2. Agenda Committee Meeting on Wednesday, September 5, 2018 at 3:30 p.m. in
the City Manager's Conference Room.
3. Development Code Review Committee Meeting on Friday, September 7, 2018
at 11:00 a.m. in the City Council Work Session Room.
B. Upcoming Events
1. TML Annual Conference, October 10-12, 2018 at the Fort Worth Convention
Center.
II. General Information & Status Update
A. Labor Day Closures — Please see the attached press release that was distributed
on Tuesday regarding Labor Day hours and closings. Please note there will be no
curbside collection on Monday, Sept. 3 and each collection day will move forward
one day for the rest of the week. Staff contact: Jessica Rogers, Public Affairs
B. National Night Out — National Night Out 2018 will take place on Tuesday,
October 2. Residents are encouraged to turn on their porch lights and spend the
evening outside with their neighbors as a way to build community and promote
police-community partnerships. Many neighborhoods hold gatherings such as
cookouts, neighborhood walks, block parties, or pool parties and invite City of
Denton emergency personnel to attend. Rather than receiving individual requests
to have emergency personnel or City of Denton representatives attend National
OUR CORE VALUES
Integrity • Fiscal Responsibility • Transparency • Outstanding Customer Service
Night Out neighborhood events in Denton, staff created a landing page and
centralized online registration form to manage these requests. Residents can visit
www.cityofdenton.com/nno to learn about National Night Out and register their
respective neighborhood activities. Staff will use these requests to schedule
appearances during that night.Departments will make every attempt to attend each
activity, but may be limited based on call volume and scheduling. The deadline to
register using the portal on the City of Denton website is September 21. Staff
contact: Stuart Birdseye, Public Affairs
C. DPS Driver License Office/Sunset Review Committee—On Wednesday,Aug. 30,
the Texas Sunset Advisory Commission met to consider the recommendations
made by the DPS to close 87 driver license offices. The Commission unanimously
voted against the closures. A link to a Texas Tribune article regarding the
Commission's decision is provided here, and a link to the Texas Sunset
Commission's review of DPS is provided here. Staff contact: Sarah Kuechler,
Public Affairs
D. North Lakes Dog Park Public Meeting - Following the August 14 City Council
Meeting, staff created additional North Lakes Dog Park design concepts to utilize
as talking points for the public meeting on the project. The designs provided
alternative options for the shape, layout and phasing of the project. The public
meeting took place on August 16, 2018; over 65 people attended the meeting to
review the concepts and provide feedback. Using feedback received during the
public meeting, staff is developing new designs and a revised budget for future
project discussion with the Parks, Recreation and Beautification Board and the
City Council. Attached are the notes and presentation from the August 16 public
meeting. Staff contact: Gary Packan, Parks and Recreation
E. FY 2017-2018 Small Transportation Projects Update—
Old North at University Intersection Improvements: Design plans for this
project were developed in-house. Capital Projects initiated construction on
Monday, August 28. Weather permitting, it is anticipated that construction and
striping will be completed by September 7, 2018.
Dallas at Teasley Intersection Improvements: Design plans for this intersection
were developed by Binkley & Barfield. In regards to the TxDOT permit
application, the City has received comments from the Local Area Office and
comments from the Signal Review Group. Binkley and Barfield are currently
addressing both sets of comments. Jagoe Public is scheduled to begin construction
in September 2018. Construction is anticipated to be completed by mid-December.
Bell Avenue at McKinney Intersection Improvements: Design plans for this
intersection are being developed by Wade Trim. The consultant has submitted 90%
design plans for City review. Plans should be finalized September 7, 2018. Capital
Projects is working to schedule this project for construction as soon as the design
is completed. This project requires utility relocations and pole removals which are
currently being coordinated by City staff. The construction is anticipated to be
completed by mid-November 2018.
Hickory Creek at Country Club Intersection Improvements: Design plans for
this intersection are being developed by Bridgefarmer & Associates and are
approximately 75% complete. The City is currently reviewing these plans and the
review should be complete by the first week of September. Final plans will be
complete by the end of September 2018. A TxDOT permit will be required for this
project which could take approximately three additional weeks to acquire.
Construction will be scheduled as soon as the design is completed.
Colorado Boulevard at Loop 288 Intersection Improvements: Design plans for
this intersection are being developed by Dannenbaum and are approximately 50%
complete. Final plan development should complete in September, pending
resolution of the mall entrance issue. For safety, closure of the northbound
Colorado left-hand-turn lane into Golden Triangle mall is being examined.The City
has met with mall management to discuss options. Mall ownership is not opposed
to this closure if an alternate entrance is constructed along Loop 288. Coordination
is ongoing. Design of this new entrance will be conducted in-house.
Carroll Boulevard at Sherman Drive Intersection Improvements: Design plans
for this intersection are being developed by HDR and the conceptual phase is
complete. The City has reviewed the conceptual plans and provided comments to
the consultant. An updated project schedule will be available next week.
Staff contact: Todd Estes, Capital Projects
F. Traffic Calming — The City Council requested information on traffic calming
measures to improve neighborhood safety. As the City of Denton continues to
grow,the residential streets within neighborhoods continue to experience a steady
increase in traffic. This has resulted in an increased concern for traffic related
issues such as speeding and cut-through traffic along neighborhood streets. City
staff has received an increased number of requests from residents to address traffic
concerns along in several residential neighborhood throughout the City. In order
to address these concerns, staff has developed a step-by-step process which
includes data collection, engineering field assessment, analysis, solution
identification and implementation. Staff has a toolbox of traffic calming measures
that can address some of the most common citizen concerns. Below is a list of
commonly used traffic calming measures. Attached is ISR 2018-114 which
provides additional details on traffic calming measures and the process used by
City staff to determine traffic calming needs.
Horizontal Deflection
Curb extension/bulb- Areas of expanded curbing that extend across a parking lane and may narrow
a travel lane.
out
Chicane Series of 3 bulb-outs, staggered at mid-block locations on alternating sides of
the street.
Gateway Entrance treatment,typically using physical and textural changes,that
provides identity to an area.
On-street parking Provision of on-street parking that reduces roadway width.
Raised median Narrow islands, at mid-block or intersections,between travel lanes with
island breaks in landscaping and curbing for pedestrians.
Traffic circle Raised island in the center of an intersection that requires vehicles to travel
counterclockwise around the circle.
Vertical Deflection
Speed hump Raised humps in the roadway, typically 3 inches high with a 12 or 22-foot
travel length.
Speed Cushion Series of three to four cushions spaced across the roadway width that
permits wide axle emergency vehicles to pass without slowing down.
Raised crosswalk Marked pedestrian crossings elevated 3 to 6 inches above street grade at
intersections or mid-block.
Raised intersection Intersections, including crosswalks,raised 3 to 6 inches above street grade.
Physical Obstruction
Semi-diverter Directional closure created by physically blocking half the street.
Diagonal diverter Physical barrier placed diagonally across a four-way intersection to create
two unconnected intersections.
Right-in/right-out The use of raised islands to prevent left turns and through movements,
island to and from side streets, at intersections with major streets.
Raised median through Median barrier through an intersection that discourages through traffic in a
intersection residential area by restricting movements.
Street closure The use of a cul-de-sac to close a roadway by extending a physical barrier
across the entire width, obstructing all traffic movements.
Staff is also researching the use of public art as a creative approach to traffic
calming. Additional information will be provided in a future Friday Report related
to the use of public art as a traffic calming strategy. Staff contact: Pritam
Deshmukh, Capital Projects
G. Josten's Receives Large Skills Development Fund Training Grant — On August
27th, Texas Workforce Commissioner Julian Alvarez officiated a check-signing
ceremony presenting Josten's plant manager John Forryan with a $600,896 Skills
Development Fund Training (SDFT) Grant. Commissioner Alvarez stated the
grant impact to the region was estimated at $8.1 million dollars. For companies
with 100 or more employees, SDFT Grants deliver customized training specified
by the recipient company to advance existing and new employee skill sets toward
higher-pay positions. SDFT grants are allocated from the State's General Fund and
are typically administered through a local community college; NCTC will
administer the Josten's grant. Economic Development staff includes NCTC and/or
Workforce Solutions grant staff in business resource/retention visits. Staff contact:
Michelle Cunningham, Economic Development
H. Second Annual Denton Community Job Fair — On August 28th, Economic
Development staff helped host the second Denton Community Job Fair at the
Denton Civic Center. More than 50 employers and an estimated 380 diverse job
seekers participated in the event that included almost all of Denton's largest
employers and newcomers U.S. Cold Storage, Andy B's, Buc-ee's and ServPro.
Initial feedback is very positive and will be used to determine optimal job fair
months for future annual or semi-annual job fairs. Denton Community Job Fair
partners include the City of Denton, Denton Chamber of Commerce, NCTC,
United Way of Denton County, Workforce Solutions of North Central Texas and
Denton ISD. Staff contact: Michelle Cunningham, Economic Development
I. City Hall West Steering Committee Meeting—The City Hall West Steering
Committee met on Monday, August 27. At this meeting, a draft business plan
based on the conceptual design approved by the Committee at the July 30
meeting was presented by Joanna St. Angelo. The Committee had minimal
revisions to the proposed business plan to be more inclusive of possible uses for
the renovated building. A public meeting is scheduled for Monday, September
10, from 5:30-7:30 p.m. at the Patterson-Appleton Arts Center. The meeting will
include project background information, the conceptual design, and the
conceptual business plan. During the meeting public input will be gathered using
comment cards, residents who are unable to attend the meeting will have the
opportunity to provide feedback using the City of Denton website September 10-
14. Staff contact: Mark Nelson, Transportation
III. Community Events
A. United Way Kickoff Breakfast — The 2018 Denton County United Way Kickoff
Breakfast is scheduled to take place on Friday, September 7 from 8:00 a.m. to
9:30 a.m. at the UNT Gateway Center. The breakfast will feature a debut of the
2018 campaign video, a celebration of pacesetter campaigns, and a panel
discussion on complex community issues. Panelists will include Mayor Chris
Watts, DISD Superintendent Jamie Wilson, and State Representative Tan Parker.
The attached flyer includes additional event details. If you would like to attend,
please contact Tina Ek at (940) 349-8056 or tina.ekkcityofdenton.com. Staff
contact: Tina Ek, Solid Waste
IV. Attachments
A. Press Release on Labor Day Closings
B. North Lakes Dog Park Public Meeting
C. United Way Kickoff Breakfast Flyer
V. Informal Staff Reports
A. 2018-111 3rd Quarter Financial Report
B. 2018-112 Committee on Persons with Disabilities
C. 2018-113 Milling Storage at the Landfill
D. 2018-114 Traffic Calming Measures
E. 2018-115 Water Park, Recreational Pass, and Gym Membership Information
VI. Council Information
A. Council Requests for Information
B. Draft Agenda for September 11
C. Council Calendar
D. Street Construction Report
-40
o FOR IMMEDIATE RELEASE
DENTON Jessica Rogers • (940) 349-7531 • Jessica.Rogers@cityofdenton.com
Labor Day Operating Hours and Closings
City Facilities Closed Sept. 3
DENTON, TX,Aug. 28—City of Denton facilities will be closed on Monday, Sept. 3 in
observance of the federal Labor Day holiday.
Libraries
All libraries will be closed on Monday, Sept. 3 and will resume regular hours on Tuesday, Sept.
4.
Parks and Recreation
Denia Rec Center, MLK Jr. Rec Center,North Lakes Rec Center, Denton Senior Center, Denton
Civic Center, American Legion Center, and the Goldfield Tennis Center will be closed Monday,
Sept. 3.
North Lakes Driving Range will be open from 9 a.m. to 2 p.m. The last bucket of golf balls will
be sold at 1:30 p.m.
The Civic Center Pool,Natatorium, and Water Works Park will be open with regular operating
hours.
Public Safety
Public safety personnel will be on duty during the holiday. The Denton Police Department can be
reached at their non-emergency number which is (940) 349-8181, and in case of an emergency
dial 911.
Utilities
Customer Service will be closed Monday, Sept. 3. To report a utility service emergency, call
utilities dispatch at (940) 349-7000.
Solid Waste and Recycling
There will be no curbside trash, recycling, or yard waste collection on Monday, Sept. 3.
Collection will be moved forward one day.
OUR CORE VALUES
Integrity•Fiscal Responsibility•Transparency• Outstanding Customer Service
ADA/EOE/ADEA www.cityofdenton.com TDD(800)735-2989
The City of Denton Landfill at ECO-W.E.R.C.S will be open 7 a.m. to noon on Sept. 3. Check
www.dentonrecycles.com or your Residential Solid Waste &Recycling Service Calendar for
current schedule information.
Airport
Airport administrative offices will be closed Sept. 3. The air traffic control tower will be open
from 6 a.m. to 10 p.m. and the airfield will remain open 24 hours per day. Flight services will be
available from 6 a.m. to 10 p.m. throughout the Holiday.
On behalf of the City of Denton employees, have a safe and happy holiday.
Visit www.cityofdenton.com for more news and to stay updated.
2
North Lakes Dog Park Public Meeting Notes
North Lakes Recreation Center: Room B
August 16, 2018 — 7:OOPM
Staff present: Gary Packan, Laura Behrens, Glenn McLain
City Council present: Gerard Hudspeth
Public attendees: About 65 in attendance. Not everyone signed in.
MEETING COMMENTS:
• Residents (a couple) were concerned with the over development of North Lakes
park. In addition, the couple requested that more trees be planted. (In
comparison to the quantity shown on concepts)
• Need to have a minimum of three play areas.
• Need shade structures, water stations (drinking and cooling) and agility
equipment?
• Will traffic congestion and pedestrian/vehicular conflict zones increase with Vela,
Animal Shelter and Dog Park all entering & leaving from the same ingress/egress
point? Need to check the sequencing of the light when all facilities are
completed.
• Need water stations for people and dogs.
• Riney Road residents (a couple) voiced concerns about noise pollution from the
Dog Park as well as concerns for the potential of off leash dogs escaping and
getting to their chickens. Staff discussed screening shrubs being placed in the
northeast quadrant of the dog park to create a visual/physical barrier that would
also serve to mitigate noise pollution.
• Like Concept A - More space is needed for dogs. (In comparison to Wiggly Field)
• Like Concept B — More trees and agility equipment. (Compared to the quantity
represented in Concepts)
• Would like to see a combination of artificial and natural turf.
• We need a dog park next to the animal shelter.
• Largest park possible.
• Shade structures and water features are the most important.
• Like rectilinear shapes for long runs, see drawing on sketch board.
• Consider an alternate location at CH Collins.
• Animal Foundation is excited to be able to program the space with volunteers
and dogs.
• McKenna Park is neglected and does not have restrooms. Staff informed the
resident that this funding is not applicable for McKenna area, a new playground
is being considered at this location. As an example, staff provided the cost of the
in quotes for the Quakertown restroom of$320,000 for a 600+ sq. ft. facility. We
will need to prioritize restroom locations.
• Long overdue in north Denton.
• Consider using artificial turf on a portion of the dog park. Provide space for a
food truck to park.
• Like the concept of events within the dog park space
• Would like to have rentable space.
• Pavilion space is needed for shade and group meetings.
• Educational signage if a theme is used.
• Dog waste dispensers close and plentiful.
• Lighting? Make sure it does not carry over to the adjacent neighbors.
• Need trees and seating in the play areas.
SKETCH BOARD NOTES
• Enforce regulations.
• Need port-o-jons.
• Fixed dogs and no toddlers or babies in the park.
• Prioritize shade and water features such as a splash pad or rocky river.
• Use subsurface irrigation.
• Washing stations for dogs.
• Water features for swimming.
• No enforcement of fixed dogs.
• Private area for functions (dogs and families).
• Bulletin boards for posting information.
• Map of the park and education boards.
• Mixed dog area for both big and small dogs.
• Use LID lighting in parking area.
• Clearly marked trash and recycling bins.
• No mulch as a surface, won't stay in place.
• People and dog water fountains.
• Dog waste stations throughout.
• Space in parking lot for food trucks.
• Need a picnic area for private events.
• Water fountain, port-o-jon, private area.
• 3 or 4 dog play sections, 3 is a must.
• More trees eat of park (north of tennis center).
• Eco-friendly parking lot / walkway material.
• Like the natural wildflower area.
CONCLUSION: Approximately 9:00 PM
North Lakes
Dog Park Concept
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• Provide the community a northern dog park
• Place forboth people and canines to socialize and exercise
• Provide programs forpets and owners
• Support McNatt Animal Care & Adoption Centerprograms
• Integration ofArt
• Enhancement of City identity and community pride
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• Public Meeting — Aug 16
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North Ickes Dog Park
Park Development Concepts
Gary Packan
Director of Parks and Recreation
Gary. Packan@cityofdenton .com
(940) 349 - 7460
PL �
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Kick-off Breakfast Featuring a
COMMONITY
IIIIIIIII IIIIIIIII
IIIIIIIII IIIIIIIII
M CONVERSATION IIIIIIIII IIIIIIIII
� IIIIIIIII IIIIIIIII
FRIDAY, SEPTEMBER 7th
UNT Gateway Center
801 North Texas Blvd.,Denton,TX 76201
8:00 AM - 9:30 AM
Be our guest at a 2018 Campaign Kickoff Breakfast to affirm your commitment to improving lives in Denton County! When you LIVE UNITED, you support our
collaborative work to help families,children,Veterans,people experiencing homelessness,and people affected by mental illness_
We'll debut our latest campaign video,celebrate our Pacesetter campaigns and host a community conversation about the complex needs of our community!
I I I
DES' LEWISVILLE ONLY
*0
STATE DENTON MAYOR DR. 0.JOHN MADUKO LEWISVILLE COUNCILMAN
REPRESENTATIVE CHRIS WATTS NCTC VICE CHANCELLOR OF TJ GILMORE
TAN PARKER STUDENT AFFAIRS
job--
DR.JAMIE WILSON DENTON COUNTY DR. KEVIN ROGERS
DENTON ISD COMMISSIONER LEWISVILLE ISD
SUPERINTENDENT BOBBIE MITCHELL SUPERINTENDENT
If you would like to attend, please contact Tina Ek at (940) 349-8056 or tina.ek@cityofdenton.com.
Date: August 31, 2018 Report No. 2018-111
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Quarterly Financial Report for the period ending June 30, 2018.
BACKGROUND:
Attached for your review is the Quarterly Financial Report for the period ending June 30, 2018.
If you have any questions or need additional information, please let me know.
STAFF CONTACT:
Antonio Puente, Jr., Director of Finance
(940) 349-7283
Antonio.Puente@cityofdenton.com
0RGA'N'I+Z�_ATIO�NAL r
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2017-18
THIRD QUARTER '
FINANCIAL REPORT
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JUNE 2018
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CITY OF DENTON, TEXAS
SUS INABLE & ENVIRONMENTAL
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About This Quarterly Financial
Report
This report has been prepared by the City of Denton's Finance
Department. The Quarterly Financial Report is intended to provide
our users (internal and external) with information regarding the City's
financial position and economic activity. This report includes
information for the quarter ending June 30, 2018.
This report is presented in six sections.
1 . The Executive Dashboard section contains a high level
summary of the major operating funds using graphic
illustrations and key economic indicators. Narrative disclosures
are also included to highlight any significant changes or
fluctuations.
2. The Financial Summary section reports the performance of the
major operating funds of the City. In addition, the report
provides an end of year projection and a comparison to the
budget for major revenue sources and expenditure items.
3. The Revenue & Economic Analysis section provides additional
analysis regarding key revenue sources and economic
indicators.
4. The Quarterly Investment Report provides a summary of the
City's investment portfolio, interest earnings and a brief market
outlook.
5. The Performance Report provides Key Performance Indicators
(KPIs) for each of the goals identified in the City's strategic
plan. In addition, the progress on Key Action Steps are
highlighted.
6. The G.O. Bond Program Report provides updates of each of
the Bond Propositions from the 2012 and 2014 bond elections.
2
The Quarterly Financial Report is intended to provide our users with
timely and relevant information. Please provide us with any
comments or suggestions you may have. If you would like additional
information, feel free to contact me.
Antonio Puente, Jr
Director of Finance
215 East McKinney Street
Denton, TX 76201
940-349-8260
3
Section 1
City of Denton
Quarterly Financial Report
June 2018
Executive Dashboards
4
City of Denton, Texas
Y`0FY General Fund Executive DashboardA h i
DENTON FY 2017-18 FY 2017-18 •60 - -
ANNUAL ANNUAL FY 2017-18 Revenue & Expenses (in Millions)
DESCRIPTION BUDGET' PROJECTION VARIANCE ■YTD Revenue ■YTD Expenses
Beginning Fund Balance $120
as of 09/30/17 $ 28.17 $ 31.77
RESOURCES: $100
Ad Valorem Taxes 45.07 44.87 0%
Sales Tax 36.18 39.45 9%
Franchise Fees 4.98 4.98 0% $80
Other Taxes 0.49 0.49 0%
Service Fees 8.34 7.96 -5% $60
Fines and Fees 3.96 3.71 -6%
Licenses and Permits 2.73 3.75 37%
Miscellaneous Revenue 1.92 2.10 9% $40
Transfers In 16.05 16.04 0%
T116 -H
otal Revenues 119.72 123.35 3% $20
Total Resources 147.89 155.12
EXPENDITURES: $-
Personal Service 84.40 83.92 -1% N% tiOO
Material and Supplies 3.06 3.06 0% po` �o, Q�` �a� �e� fat P��' �aJ ���
Maintenance and Repairs 2.93 2.93 0%
Insurance 1.21 1.21 0%
Miscellaneous 1.18 1.18 0% Sales Tax Monthly Average by Quarter
Operations 15.87 14.93 -6% $3.5
Transfers Out 15.81 15.86 0%
Fixed Assets 0.59 0.59 0% $3.0
Total Expenditures 125.05 123.68 -1%
Net Income (Loss) (5.33) (0.33) $2.5
Ending Fund Balance $ 22.84 $ 31.44 $2.0
KeV Trends $1.5
➢Sales Tax revenues are projected$3.27M higher than budget due to stronger collections in retail activities. $1.0
➢Service Fees revenues are projected$0.38M lower than budget mainly due to Ambulance Service Fees.
➢Licenses and Permits revenues are projected$1.02M higher than budget due to Building Permits. $0.5
➢Personal Service expenditures are projected$0.48M lower than budget due to position savings.
➢Operations expenditures are projected$0.94M lower than budget mainly due to Chapter 380 agreements. $_
➢Transfers Out expenditures include budget amendment of$478,191 to be presented to Council in September 2018. lb
Oti Oti Oy Oy Oy Oy Oy Oy Oy Oti O
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was
estimated in the FY 2017-18 budget process. Note: All figures presented are in millions of dollars.
5
IOCity of Denton, Texas
CITY
F Electric Fund Executive Dashboard • ' - -
DE N T O N ANNUAL ANNUAL FY 2017-18
DESCRIPTION BUDGET' PROJECTIONS VARIANCE
Revenue&Expenses(in Millions)
Beginning Working Capital $180
and Reserves as of 9/30/17 $ 72.51 $ 76.94 $160
RESOURCES: $140
Rate Revenues 147.67 142.25 -4% $120
DEC Revenue - 31.01 31%
Transmission Revenue 20.19 34.91 73% $100
Other Revenues 5.82 6.01 3% $80
Total Revenues 173.68 214.18 23% $60
Total Resources 246.19 291.12 $40
EXPENDITURES: $20
Purchased Power 78.97 98.52 25% $0
DEC Fuel - 9.05 9% Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Transmission of Power 5.58 5.58 0%
Personnel Service 19.19 19.15 0% ■YTD Revenue ❑YTD Expense
Operation and Maintenance 28.99 25.04 -14%
Debt Service 34.40 34.36 0% 2013-2018 Historical Quarterly GWH Sales
Transfers Out 12.52 12.36 -1% 500
Capital Outlay 25.25 24.11 -5%
450
Total Expenditures 204.90 228.17 11%
400
Net Income (Loss) (31.22) (13.99)
350
Ending Working Capital
300
and Reserves $ 41.29 $ 62.95
250
TrendsKey 200
➢Revenues are projected to be 23%higher than budgeted.TCOS Revenue is expected to be$14.7 million more as a result 150
of the latest DME Transmission filing,and DEC Revenue is expected to be$31.0 million as a result of the DEC being 100
operational earlier than expected.
➢Purchased Power is expected to be$19.6 million more than budgeted and DEC Fuel is expected to be$9.0 million more 50
than budgeted as a result of the DEC being operational earlier than anticipated. 0
➢Operations and Maintenance expenditures are estimated to be 14%or$4.0 million less than budgeted as a result of 1Q 13 3Q 13 1Q 14 30.14 1Q 16 3Q 16 1Q16 3Q16 1Q17 3Q17 1Q18 3Q18
licenses,consultants,attorney fees,travel and training,and advertising expenditures being lower than expected. A budget
amendment was approved this quarter in the amount of$24 million to cash fund the CIP and is included in Capital Outlay.
➢As of 9/30/17,working capital was$14.91 million,and the rate stabilization reserve was$62.03 million.
➢Additionally,Electric had an over collected Energy Cost Adjustment(ECA)of$2.1 million.
➢A budget amendment will be requested in September to cover the increase in DEC expenditures. Note: All figures presented are In millions of dollars.
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2017-18 budget process.
6
City of Denton, Texas
gar • II ----
Water Fund Executive Dashboard
DENTONFY2017-18 FY2017-18
ANNUAL ANNUAL FY2017-18 Revenue & Expenses(in Millions)
$40
DESCRIPTION BUDGET 1 PROJECTION VARIANCE $35 -
Beginning Working Capital
$30
and Reserves as of09/30/17� $ 20.85 $ 23.34
RESOURCES: $25
Water Sales 37.12 36.88 -1% $20
Other Water Revenues 0.98 0.97 -1% $15
Transfers In 5.95 5.81 -2% $10
Impact Fee Revenue 3.76 3.76 0%
Total Revenues 47.81 47.42 -1% $5
Total Resources 68.66 70.76 $
Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
EXPENDITURES
■YTD Revenue ■YTD Expenses
Personal Service 11.41 10.96 -4%
Operations,Services 11.18 10.77 -4% 2013-2018 Historical Quarterly Gallons Sold(in Millions)
Capital Outlay 9.11 9.17 1%
Debt Service 12.64 12.64 0% 2,500
Transfers Out 3.47 3.49 1%
Total Expenditures 47.81 47.03 -2% 2,000
Net Income(Loss) - 0.39
ceding Working Capital 1,500
andReserves $ 20.85 $ 23.73
TrendsKey 1,000
➢Personal Service expenses are projected to be below budget due to position vacancies. 500
➢Operations,Services are projected to be below budget due to reduced materials&
supplies and outside services expenses.
0
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q
FY 2017-18 budget process. 16 17 17 18 18
'The Beginning Working Capital balance excludes$6.7M of Impact Fee Reserves and$0.25 million for Development Plan Line
Reserves. Note: All figures presented are in millions of dollars.
7
City of Denton, Texas
rpm
lCIuo F tlfw�� Wastewater Fund Executive Dashboarddmlk' llm
DENTONFY 2017_18 FY 2017-18 m
ANNUAL ANNUAL FY 2017-18
DESCRIPTION BUDGET' PROJECTION VARIANCE
Beginning Working Capital Revenue & Expenses(in Millions)
and Reserves as of 09/30/172 $ 15.93 $ 17.86 $ao
RES O URC ES: $25
Wastewater Fees 24.14 24.23 0%
Other Wastewater Revenue 1.76 1.78 1% $20
Drainage Fees 4.67 4.65 0% $15
Transfer In 0.66 0.66 0% $10
Impact Fee Revenue 2.00 2.00 0%
Total Revenues 33.23 33.32 0% $5
Total Resources 49.16 51.18 $_
EXPENDITURES: Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Personal Service 8.10 7.62 -6%
Operations, Services 8.59 8.22 -4% ■YTD Revenue ■YTD Expenses
Capital Outlay 6.87 7.17 4%
Debt Service 7.17 7.17 0% 2013 2018 Historical Quarterly Gallons Billed(in Millions)
Transfer Out 3.29 3.15 -4% 1,400
Total Expenditures 34.02 33.33 -2% 1,200
Net Income (Loss) (0.79) (0.01) 1,000
Ending Working Capital 800
and Reserves $ 15.14 $ 17.85 600
400
Key Trends 200
➢Personal Service expenses are projected to be below budget due to position vacancies. 0
➢Operations, Services are projected to be below budget due to reduced materials& 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q
16 17 17 18 18
supplies, outside services, and purchased power expenses.
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in
the FY 2017-18 budget process.
2The Beginning Working Capital balance excludes$2.2 million of Impact Fee Reserves,$1.0 million for Drainage Reserves,
and$0.33 million for Development Plan Line Reserves. Note: All figures presented are In millions of dollars.
8
--- City of Denton, Texas s
CITY
OF Drainage Operations Executive Dashboard
DENTON g p
FY 2017-18 FY 2017-18
ANNUAL ANNUAL FY 2017-18
DESCRIPTION BUDGET PROJECTION VARIANCE Revenue & Expenses (in Millions)
REVENUES:
Residential Drainage Fees $ 1.78 $ 1.79 1% $4.5
Nonresidential Drainage Fees 2.90 2.86 -1% $4.0
Wastewater Resources 0.04 0.10 150%
General Fund Transfer 0.42 0.42 0% $3.5
Total Revenues 5.14 5.17 1% $3.0
EXPENDITURES: $23
Personal Service 1.78 1.54 -13%
Operations, Services 0.80 0.77 -4% $2.0
Capital Outlay 1.28 1.56 22% $1.5
Debt Service 0.68 0.68 0%
Transfer Out 0.60 0.62 3% —
Total Expenditures 5.14 5.17 1% $0.5
Net Income (Loss) $-
ti� N% N% N$ N$ N$ N$
pc� �o� OeC lac cep mac QQ� �aa �Jc �J� PJao 49
■YTD Revenue ■YTD Expenses
TrendsKey
➢Personal Services are projected to be lower than budget due to position
vacancies.
➢Capital Outlay is projected to be higher than budget due to an increase in
projects activity.
Note: All figures presented are in millions of dollars.
9
City of Denton, Texas
11t)11MMMM
Solid Waste Fund Executive Dashboard - -
DE \ TO \ FY 2017-18 FY 2017-18
ANNUAL ANNUAL FY 2017-18 Residential Curbside Collection Tonnage
DESCRIPTION BUDGET' PROJECTION VARIANCE 7,000
Beginning Working Capital 6,000
and Reserves as of 09/30/171 $ 8.15 $ 9.47 5,000
3
RESOURCES: 4,000
Collection &Disposal 35.86 32.62 -9% 3,000 °
Recycling 0.87 0.78 -10% 2,000
Other Revenue 1.29 0.70 -46%
Total Revenues 38.02 34.10 -10% 1,000
Total Resources 46.17 43.57 0
EXPENDITURES: Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3
Personal Service 11.68 10.51 -10%
Operations, Services 11.69 9.17 -22% ■Refuse Tonnage Recycling Tonnages
Capital Outlay 2.49 1.97 -21%
Debt Service 9.70 9.54 -2% Commercial Refuse& Recycling(Front&Side Load)
Transfer Out 3.74 3.74 0% Cubic Yards Serviced per Week
Total Expenditures 39.30 34.93 -11% 30,000 -
Net Income (Loss) (1.28) (0.83) 25,000
Ending Working Capital 20,000
and Reserves $ 6.87 $ 8.64 15,000
10Key Trends ,000 y�° 101 tiy yy�° ti ti
5,000
➢Collection and Disposal revenue,as well as Personnel and Operations Services expense will be less 0
than budget due to discontinued mining operations.
➢Landfill Closure costs will be greater than budget due to a recent study which projected increased
Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3
future expense.
➢Capital Outlay is expected to be less than budget due to reduced transfers to Capital projects. ■Commercial Refuse ■Commercial Recycling
➢Transfers out include land transfers to DME.
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the
FY 2017-18 budget process.
2The Beginning Working Capital and Reserves excludes$8.65 million of Landfill Closure/Post Closure reserves. Note: All figures presented are In millions Of dollars.
10
City of Denton, Texas A
,
�
CITY
OF I Airport Fund Executive Dashboard •
DENTON Y 2017-18
ANNUAL ANNUAL FY 2017-18
DESCRIPTION BUDGET' PROJECTION VARIANCE
Beginning Working Capital GAS WELL REVENUE
and Reserves as of 09/30/17 $ 2.47 $ 2.75
(in millions of dollars by fiscal year)
RESOURCES:
Airport Ground Leases 0.71 0.68 -4% $5.0
FBO Commissions 0.20 0.26 30%
Miscellaneous 0.09 0.10 11% $4.0
Total Operating Revenues 1.00 1.04 4%
EXPENDITURES: $3.0
Personal Service 0.53 0.45 -15%
Operations, Services 0.41 0.40 -2%
Transfer Out 0.55 0.55 0% $2.0
Total Operating Expenditures 1.49 1.40 -6%
Net Operating Income (Loss) (0.49) (0.36) $1.0
NO N-O PERATING REVENUES:
Investment Income 0.03 0.06 100% $0.0
Gas Well Royalties 0.47 0.44 -6% 2016 2017 2018
Total Non-Operating Revenues 0.50 0.50 0%
NO N-O PERATING EXPENDITURES
Transfer Out- Capital 0.22 0.22 00/„ AIRPORT OPERATIONS BY QUARTER
Total Non-Operating Expenditures 0.22 0.22 0%, (takeoff or landing)
Net Non-Operating Income (Loss) 0.28 0.28 60,000
Net Income (Loss) (0.21) (0.08)
Ending Working Capital and Reserves $ 2.26 $ 2.67 50,000
TrendsKey 40,000
➢FBO Commissions include a one-time collection of$55,000 not originally included in budget.
➢Personnel Service Expense is projected to be less than budget due to vacant positions. 30,000
➢Gas Well Royalty revenue will be less than budget due to recently reworked gas wells.
20,000
♦': �^� 1b ,fib ,tih 1h 1b ,tib ,tip ti� 1`b 1`b
1p: 142, 1a �a tia �a tin: 411 tin:
'Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the amount Note:All financial amounts presented are in millions of dollars.
which was estimated in the FY 2017-18 budget process.
11
ICCITY
�City of Denton, Texas
� s
rovement Fund Executive Dashboard
DENTONStreet Imp
FY 2017-18 FY 2017-18
ANNUAL ANNUAL FY 2017-18 Revenue&Expenses(in Millions)
DESCRIPTION BUDGErl PROJECTION VARIANCE S12.0
Beginning Working Capital
$10.0
and Reserves as of 09/30/2017 $ 1.25 $ 1.16
RESOURCES: $$0
lfo�
Franchise Fees 12.47 12.47 0%
Street Cuts 0.36 0.36 0% $6.0
Investment Income 0.01 0.01 0%
Transfers In 1.12 1.12 0% $4.0
Total Revenues 13.96 13.96 0%
$2.0
Total Resources 15.21 15.12
$-
EXPENDITURES: Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Personal Service 3.44 3.44 0% 0YTD Revenue 0YTDEI,,w,
Materials & Supplies 0.09 0.09 0% Tons of Asphalt Laid(in Thousands)
Maintenance &Repairs 7.79 7.79 0% 12
Operations, Services 0.89 0.89 0%
Transfer Out 1.75 1.75 0% 9
Total Expenditures 13.96 13.96 0% 6
Net Income (Loss) - -
3
Ending Fund Balance $ 1.25 $ 1.16
0
Qtrl Q1x2 Qtr3
■FYI 6-17 ■FY17-18
Key Trends -AMR I Lane Miles Surface Treatment
48
42
➢At this point in the fiscal year, revenues and expenditures are projected to 36
30
meet budgeted levels. 24
18
➢Surface treatments for the year are scheduled to begin in the 4th quarter. 122
0
Qtr 1 Qtr 2 Qtr 3
■FY 16-17 FY 17-18
'Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in the FY 2017-18 budget process. Note: All figures presented are in millions of dollars.
12
l(I
City of Denton, Texas F _
IF tlfw�� Grants Dashboard
DENTON
FY 2017-18 FY 2017-18 FY 2017-18 Awards & Expenses (in Millions)
GRANT ANNUAL FY 2017-18 $120.0
DESCRIPTION AMOUNT PROJECTION VARIANCE $100.0
2017-18 Budget $80.0
Comm Development' $ 2.94 $ 1.05 -64% $60.0
Public Safety 0.80 0.80 0%
Transportation' 95.14 26.98 -72% $40.0
Other 0.03 0.03 0% $20.0
Total Budget 98.91 28.86 -71%
S2 N
> m w w z
0v 0 d
w
New Awards
d
Comm Development 0.60 0.50 -17%
Public Safety 0.36 0.36 0% ■awards ■Expenses
Transportation' 3.39 1.48 -56% FY 2017-18 Grants Awarded
Parks & Recreation 0.21 0.21 0%
Other 0.19 0.19 0% PARKS&REC COMM DEV PUBLIC
Y
Total New Awards 4.75 2.74 -42% OTHER 0.20% 3.42% SAFETY
0.23%
Totals $ 103.66 $ 31.60 -70%
Key Trends
The following grants have been received in FY 2017-18:
➢Emergency Solutions Grant:$600,000
➢Federal Equitable Sharing:$23,420 ➢2017 SHSP Night Vision:$14,200
➢Chapter 59 Asset Forfeitures:$107,248 ➢2017 UASI Command Data: $30,000
➢U.S.Marshals Violent Offenders Task Force:$20,180 ➢Body Armor Grant Program:$91,692
➢PD-Law Enforcement Officer Standard&
➢2018 SHSP SWAT Equipment Enhancement:$24,000 TRANS
Education:$12,467 ➢Transportation Projects: $3,387,898 96.04%
➢Sexual Assault Examiners Reimbursement:$31,596 ➢NW Trail Extension Grant:$212,273
➢2017 SHSP Ballistic Blankets: $3,000 ➢Texas Parks&Wildlife-CCNHC:$199,613
This grant amount will be spent over several years and the fiscal year 2017-18 projections are estimated
expenditures for one year. Remaining grant amounts will be spent in future fiscal year. Note: All figures presented are in millions of dollars.
13
Section 2
City of Denton
Quarterly Financial Report
June 2018
This report is designed for internal use and does not include all the
funds and accounts included in the City of Denton's operations. The
information provided is unaudited; for a complete audited report,
please refer to the City of Denton Comprehensive Annual Financial
Report, available through the City's Finance Department, City
Secretary's Office, or Denton Public Libraries.
FINANCIAL SUMMARY
14
City of Denton
General Fund
Schedule of Revenues-Budget vs Projection(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
REVENUE DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Current Year-Ad Valorem $ 43,115,876 $ 44,460,191 $ 44,207,271 $ 44,460,191 $ 44,460,191 0%
Delinquent-Ad Valorem 215,746 190,734 74,528 288,991 100,000 -65%
Miscellaneous Penalties&Fees 295,024 246,518 271,219 315,384 309,285 -2%
Ad Valorem Taxes 43,626,646 44,897,443 44,553,018 45,064,566 44,869,476 0%
Sales Tax 27,001,092 27,139,656 28,455,130 36,181,384 39,452,935 9%
Franchise-Gas Utilities 273,906 220,039 288,782 342,739 342,739 0%
Franchise-Private Electric Utilities 589872 33,774 54,067 122,750 122,750 0%
Franchise-Cable 249,595 247,044 206,681 480,873 480,873 0%
Franchise-Telecom 196,176 120,193 142,998 233,956 233,956 0%
Franchise-Denton Municipal Utilities 2,810,007 2,698,413 2,637,828 39804,531 3,804,531 0%
Franchise Fees 3,588,556 39319,463 39330,356 49984,849 4,984,849 0%
Other Taxes 310,818 245,700 153,629 491,400 491,400 0%
Ambulance Service Fees 2,044,177 29223,663 19924,018 39726,629 39380,800 -9%
Fire Department Fees 138,102 146,270 173,266 195,027 196,000 0%
Building Inspections Fees 364,650 415,361 444,475 560,145 532,247 -5%
Park Department Fees 1,072,611 19336,402 19291,744 29406,263 29298,651 -4%
Planning Department Fees 565,233 664,804 827,380 886,355 998,065 13%
Reprographics Fees 249,000 277,657 249,668 370,160 370,160 0%
Miscellaneous Service Fees 84,482 148,539 105,124 198,043 183,015 -8%
Service Fees 4,518,255 5,212,696 5,015,675 8,342,622 7,958,938 -5%
Denton Municipal Fines 1,154,724 1,236,781 1,079,914 1,649,042 1,482,000 -10%
Parking Fines 201,020 185,400 169,078 247,200 260,000 5%
Miscellaneous Fines and Fees 680,709 785,559 630,840 1,077,838 889,000 -18%
Court Administrative and Service Fees 703,901 708,500 758,373 988,000 1,080,000 9%
Fines and Fees 2,740,354 2,916,240 2,638,205 3,962,080 3,711,000 -6%
Demolition Permits 5,035 7,561 4,180 10,082 7,670 -24%
Building Permits 1,799,444 1,923,895 2,439,247 2,571,085 3,638,055 41%
Certificate of Occupancy 58,425 70,866 46,875 94,488 72,829 -23%
Miscellaneous Licenses and Permits 39,570 41,869 21,944 55,822 32,278 -42%
Licenses and Permits 1,902,474 2,044,191 2,512,246 2,731,477 39750,832 37%
Investment Income 309,572 397,500 448,902 530,000 460,600 -13%
Miscellaneous Revenues 951,148 774,869 1,137,007 1,383,388 1,635,243 18%
Miscellaneous Resources 1,260,720 1,172,369 1,585,909 1,913,388 2,095,843 10%
ROI-Denton Municipal Utilities 5,174,277 5,763,779 5,582,042 7,997,918 7,987,758 0%
Transfers 6,050,783 6,038,240 6,028,098 8,050,688 8,050,688 0%
Transfers 11,225,060 11,802,019 11,610,140 16,048,606 16,038,446 0%
Total General Fund Revenues $ 96,173,975 $ 98,749,777 $ 99,854,308 $ 119,720,372 $ 123,353,719 3%
15
City of Denton
General Fund
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
Y-T-D Y-T-D Y-T-D BUDGET' PROJECTION' PROJECTION
NEIGHBORHOOD SERVICES
Building Inspections $ 2,204,999 $ 2,302,655 $ 2,064,831 $ 3,071,315 $ 3,071,315 0%
Community Improvement Services 1,282,621 1,173,391 1,057,997 1,564,294 1,564,294 0%
Libraries 4,404,528 4,548,729 49349,109 6,0649112 6,064,112 0%
Parks and Recreation 8,7869937 10,623,957 9,576,809 13,971,655 139971,655 0%
Planning 2,153,562 29563,129 29272,589 3,4159509 3,415,509 0%
Gas Well Review 135,222 294,820 306,405 393,026 393,026 0%
Social Services 423,437 472,376 451,346 6299738 629,738 0%
19,3919306 21,979,057 20,079,086 29,109,649 299109,649 0%
PUBLIC SAFETY
Animal Services 1,029,705 19169,568 19154,755 1,5599205 1,559,205 0%
Fire 20,3699858 21,536,602 22,149,770 28,776,580 289941,353 1%
Municipal Court 998,782 19036,423 944,423 1,3819702 1,381,702 0%
Municipal Judge 292,683 327,138 300,265 436,124 436,124 0%
Police 22,136,101 249226,595 239409,531 32,2979806 32,297,806 0%
44,8279129 48,296,326 47,958,744 64,451,417 649616,190 0%
TRANSPORTATION
Traffic Operations 1,331,808 39524,218 39271,367 4,0429028 4,042,028 0%
Transportation Operations 350,690 635,089 496,386 796,658 796,658 0%
Street Lighting 595,111 566,326 597,651 755,000 755,000 0%
2,277,609 4,7259633 4,365,404 5,593,686 59593,686 0%
ADMINISTRATIVE&COMMUNITY SERVICES
Cable Television 225,801 242,491 234,429 323,271 323,271 0%
City Manager's Office 2,087,284 2,1229273 291609313 2,829,303 29829,303 0%
Economic Development 2,397,371 3,344,020 1,634,344 4,458,071 39353,387 -25%
Facilities Management 2,762,786 3,2439924 2,8999817 4,324,642 49324,642 0%
Finance 2,137,511 2,305,691 2,209,506 3,074,420 39074,420 0%
Human Resources 1,241,071 1,3179086 1,2979822 1,755,865 19755,865 0%
Internal Audit 92,709 197,569 297,113 263,381 263,381 0%
Legal Administration 1,585,636 1,8409583 1,4859253 2,453,772 29453,772 0%
Public Communications Office 332,450 371,321 305,594 495,021 495,021 0%
Reprographics 323,723 325,283 301,314 433,646 433,646 0%
Non-Departmental 3,032,960 4,352,422 5,616,519 5,485,329 5,057,186 -8%
16,2199302 19,662,663 18,442,024 25,896,721 249363,894 -6%
TOTAL EXPENDITURES $ 82,7159346 $ 94,663,679 $ 90 845,258 $ 125,051,473 $ 1239683,419 -1%
'Annual Budget and Annual Projection include a$478,191 budget amendment to be presented to Council in September 2018.
16
City of Denton
Electric Fund
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 9/30/17 $ 72,510,304 $ 76,942,756
REVENUES:
Non-DEC Rate Revenues $ 95,384,337 $ 99,555,094 $ 109,984,527 147,671,417 142,247,739 -4%
DEC Revenue - - - - 31,010,383
Transmission Revenues 11,819,406 13,370,846 16,070,591 20,192,678 34,909,157 73%
Other Revenues 10,039,975 3,967,553 5,358,306 5,815,689 6,010,620 3%
Total Revenues 117,243,718 116,893,493 131,413,424 173,679,784 214,177,899 23%
EXPENDITURES:
Purchased Power 62,382,288 61,200,660 61,479,586 78,968,736 98,519,899 25%
DEC Fuel - - - - 9,051,826
Transmission of Power 2,837,652 3,773,385 2,842,161 5,578,948 5,578,948 0%
Personnel Services 12,497,058 13,975,360 12,171,590 19,188,818 19,151,317 0%
Materials and Supplies 613,086 1,129,977 471,804 1,744,334 1,268,680 -27%
Maintenance and Repair 621,603 1,247,910 402,194 1,707,093 1,394,600 -18%
Insurance 243,507 1,527,211 194,950 719,597 719,596 0%
Return on Investment 3,669,422 3,920,622 4,020,221 5,767,985 5,767,985 0%
Franchise Fee 5,233,561 5,594,692 5,744,978 8,239,978 8,239,978 0%
Miscellaneous 357,347 1,085,149 491,054 1,284,258 674,305 -47%
Operations 3,363,390 7,050,996 2,980,192 9,534,975 6,979,701 -27%
Debt Service 26,696,154 31,626,333 31,626,333 34,399,150 34,360,369 0%
Interfund Transfers 8,521,784 9,387,598 9,234,285 12,516,797 12,357,797 -1%
Capital Outlay - 24,183,884 24,183,884 24,683,884 24,105,000 -2%
Fixed Assets - 426,900 13,096 569,200 - -100%
Total Expenditures 127,036,852 166,130,677 155,856,328 204,903,753 228,170,001 11%
Net Income(Loss) $ (9,793,134) $ (49,237,184) $ (24,442,904) (31,223,969) (13,992,102)
Ending Working Capital and Reserves $ 41,286,335 $ 62,950,654
1 Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in the FY 2017-18 budget process.
2 Due to the DEC being operational earlier than anticipated a budget amendment will be requested in September to cover the increase in DEC expenditures.
17
City of Denton
Water Fund
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/171 $ 20,851,375 $ 23,340,901
REVENUES:
Water Sales Residential $ 11,893,723 $ 12,431,478 $ 12,957,395 19,550,225 18,585,215 -5%
Water Sales Commercial 11,086,735 11,578,684 11,555,785 17,016,173 16,575,408 -3%
Water for Resale 688,743 421,304 2,103,263 553,406 1,719,330 211%
Other Water 963,588 574,248 1,013,326 811,832 800,099 -1%
Transfers In 4,799,681 4,460,461 4,460,461 5,947,281 5,808,155 -2%
Investment Income 152,385 131,250 203,682 175,000 174,000 -1%
Impact Fee Revenue 3,000,400 2,816,553 2,816,929 3,755,404 3,755,404 0%
Total Revenues 32,585,255 32,413,978 35,110,841 47,809,321 47,417,611 -1%
EXPENDITURES:
Personal Service 7,324,109 8,018,453 7,539,530 11,408,173 10,963,036 -4%
Purchased Power 874,532 1,143,488 906,960 1,597,000 1,561,851 -2%
Materials and Supplies 1,051,457 1,171,644 1,113,587 1,721,614 1,686,976 -2%
Maintenance and Repairs 1,211,828 964,497 780,312 1,552,572 1,373,808 -12%
Insurance 179,212 166,861 166,861 222,481 219,101 -2%
Miscellaneous 257,392 256,136 187,524 342,778 338,969 -1%
Operations,Services 1,467,804 1,950,495 1,184,624 2,514,509 2,413,496 -4%
Capital Outlay 2,497,575 5,794,687 3,800,163 9,111,143 9,167,403 1%
Return on Investment 841,606 899,268 897,521 1,327,607 1,316,982 -1%
Franchise Fee 1,202,295 1,284,669 1,282,173 1,896,582 1,859,180 -2%
Debt Service 10,522,450 9,478,571 12,035,024 12,638,094 12,638,094 0%
Transfers Out 2,708,816 2,605,328 2,611,976 3,473,768 3,486,788 0%
Total Expenditures 30,139,076 33,734,097 32,507,601 47,809,321 47,025,684 -2%
Net Income(Loss) $ 2,446,179 $ (1,320,119) $ 2,603,240 - 391,927
Ending Working Capital
and Reserves $ 20,851,375 $ 23,732,828
1 The Beginning Working Capital balance excludes$6,650,271 of Impact Fee Reserves and$250,000 for Development Plan Line Reserves.
2 Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2017-18
budget process.
18
City of Denton
Wastewater Fund
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET' PROJECTION PROJECTION
Beginning Worldng Capital
and Reserves as of 09/30/17' $ 15,926,057 $ 17,861,887
REVENUES:
Residential Fees $ 8,744,949 $ 8,306,695 $ 9,058,029 11,103,223 11,030,267 -1%
Commercial Fees 9,037,102 8,952,947 8,833,574 12,306,031 12,450,498 1%
Effluent Irrigation Fees 73,378 36,011 65,719 61,530 67,076 9%
Wholesale Fees 470,497 493,619 436,884 667,670 686,659 3%
Other Wastewater Fees 1,501,584 1,176,254 1,090,632 1,642,282 1,659,542 1%
Drainage Fees 3,482,539 3,481,183 3,573,064 4,673,206 4,649,762 -1%
Transfer In 760,614 494,273 553,022 659,030 659,030 0%
Investment Income 110,966 88,125 168,600 117,500 1179500 0%
Impact Fee Reserves 2,640,352 1,500,000 1,500,200 2,000,000 2,000,000 0%
Total Revenues 26,821,981 24,529,107 25,279,724 33,230,472 33,320,334 0%
EXPENDITURES:
Personal Service 5,555,568 5,642,630 5,642,099 8,103,746 7,622,072 -6%
Purchased Power 719,890 944,959 768,801 1,221,000 1,020,000 -16%
Materials and Supplies 705,550 735,028 685,840 1,260,309 1,235,111 -2%
Maintenance and Repairs 794,181 998,283 840,832 1,464,909 1,433,129 -2%
Insurance 140,757 135,369 135,369 180,492 180,492 0%
Miscellaneous 45,016 50,315 40,366 54,631 53,551 -2%
Operations,Services 1,355,074 1,531,152 1,261,429 2,212,647 2,105,661 -5%
Capital Outlay 5,522,948 5,153,836 2,871,038 6,871,781 7,167,280 4%
Return on Investment 663,248 666,563 664,299 902,326 902,791 0%
Franchise Fee 947,498 952,233 948,999 1,289,037 1,289,702 0%
Debt Service 6,482,606 6,871,488 6,871,488 7,169,780 7,167,280 0%
Transfers Out 2,551,965 2,469,289 2,474,570 3,292,383 3,152,141 4%
Total Expenditures 25,484,301 26,151,145 23,205,130 34,023,041 33,329,210 -2%
Net Income(Loss) $ 1,337,680 $ (1,622,038) $ 2,074,594 (792,569) (8,876)
Ending Working Capital
and Reserves $ 15,133,488 $ 17,853,011
The Beginning Working Capital balance excludes$2,194,686 of Impact Fee Reserves,$1,000,000 for Drainage Reserves,
and$335,000 for Development Plan Line Reserves.
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated
in the FY 2017-18 budget process.
19
City of Denton
Drainage Operations
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
REVENUES:
Residential Drainage Fees $ 1,319,369 $ 1,324,974 $ 1,355,944 $ 1,773,100 $ 1,788,253 1%
Nonresidential Drainage Fees 2,163,170 2,156,172 2,217,120 2,900,106 2,861,509 -1%
Wastewater Resources - 32,850 - 43,800 100,000 128%
General Fund Transfer 376,002 318,023 318,022 424,030 424,030 0%
Total Revenues 3,858,541 3,832,019 3,891,086 5,141,036 5,173,792 1%
EXPENDITURES:
Personal Service 1,116,487 1,250,260 1,150,814 1,773,782 1,537,953 -13%
Materials and Supplies 28,653 59,316 32,241 82,425 82,120 0%
Maintenance and Repairs 57,847 107,527 53,238 131,300 122,200 -7%
Insurance 14,870 19,096 19,096 25,461 25,461 0%
Miscellaneous 12,411 13,840 7,681 16,000 16,000 0%
Operations,Services 234,548 416,867 258,687 549,531 531,509 -3%
Capital Outlay 1,296,378 1,004,395 1,260,538 1,281,581 1,555,786 21%
Debt Service 620,954 508,343 656,998 677,790 677,790 0%
Transfer Out 476,393 452,375 451,793 603,166 624,973 4%
Total Expenditures 3,858,541 3,832,019 3,891,086 5,141,036 5,173,792 1%
Net Income(Loss) $ - $ - $ - $ - $ -
20
City of Denton
Solid Waste Fund
Schedule of Revenues and Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/171 $ 8,151,875 $ 9,468,891
REVENUES:
Garbage Fees-Residential $ 8,362,194 $ 8,475,403 $ 8,213,159 11,341,462 10,794,542 -5%
Garbage Fees-Commercial 10,961,557 11,939,828 11,543,470 16,127,040 15,365,434 -5%
Landfill Fees 4,580,597 5,035,819 4,415,929 6,836,245 6,330,540 -7%
Materials Processing 86,491 1,161,981 102,792 1,549,100 133,972 -91%
Recycling and Public Outreach 651,579 656,170 622,569 874,776 778,450 -11%
Site Operations 173,063 623,222 112,683 830,851 206,729 -75%
Other Revenue 247,802 332,708 439,611 443,550 444,749 0%
Investment Income 14,615 11,252 42,691 15,000 53,000 253%
Total Revenues 25,077,898 28,236,383 25,492,904 38,018,024 34,107,416 -10%
EXPENDITURES:
Personal Service 8,002,284 8,759,849 7,762,427 11,683,418 10,507,490 -10%
Materials and Supplies 305,688 386,363 161,147 523,955 301,495 -42%
Maintenance and Repairs 316,113 501,825 177,506 671,275 364,877 -46%
Insurance 168,377 175,249 175,223 233,631 233,631 0%
Miscellaneous 43,705 72,076 44,896 89,900 67,859 -25%
Operations,Services 4,647,381 5,885,057 3,897,002 7,890,268 5,363,512 -32%
Capital Outlay 2,306,692 1,897,414 847,120 2,489,510 1,970,000 -21%
Debt Service 7,776,861 9,200,029 9,200,029 9,700,467 9,542,116 -2%
Franchise Fee 1,244,493 1,425,870 1,273,090 1,900,902 1,702,293 -10%
Landfill Closure 199,184 284,106 284,067 378,757 1,143,059 202%
Transfer Out 2,095,241 2,999,505 3,042,926 3,740,685 3,740,685 0%
Total Expenditures 27,106,019 31,587,343 26,865,433 39,302,768 34,937,017 -11%
Net Income(Loss) $ (2,028,121) $ (3,350,960) $ (1,372,529) (1,284,744) (829,601)
Ending Working Capital
and Reserves $ 6,867,131 $ 8,639,290
1 The Beginning Working Capital Reserve excludes$8,654,114 Landfill Closure/Post Closure Reserves.
2 Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2017-18 budget process.
21
City of Denton
Airport Fund
Schedule of Revenues and Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGETt PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/17 $2,471,421 $ 2,748,875
OPERATING REVENUES:
Airport Ground Leases $ 425,192 $ 534,938 $ 596,013 713,154 675,255 -5%
FBO Commissions 112,679 149,876 216,326 199,808 260,000 30%
Miscellaneous 52,056 69,473 76,007 92,619 106,800 15%
Total Operating Revenues 589,927 754,287 888,346 1,005,581 1,042,055 4%
OPERATING EXPENDITURES:
Personal Service 397,354 397,914 355,017 530,482 447,533 -16%
Materials and Supplies 15,825 35,033 13,946 46,700 44,330 -5%
Maintenance and Repairs 44,628 78,906 18,825 105,193 105,193 0%
Insurance 16,203 16,370 16,367 21,823 21,823 0%
Miscellaneous 551 901 349 1,200 800 -33%
Operations 93,752 178,648 86,879 238,160 232,912 -2%
Transfers Out-Operating 352,667 410,358 389,880 547,070 547,070 0%
Total Operating Expenses 920,980 1,118,130 881,263 1,490,628 1,399,661 -6%
Operating(Loss) (331,053) (363,843) 7,083 (485,047) (357,606)
NON-OPERATING REVENUES:
Investment Income 29,270 18,753 45,791 25,000 57,378 130%
Gas Well Royalties 330,308 355,644 165,771 474,130 444,800 -6%
Total Non-Operating Revenues 359,578 374,397 211,562 499,130 502,178 1%
NON-OPERATING EXPENDITURES:
Transfers Out-Capital - 168,773 225,000 225,000 225,000 0%
Total Non-Operating Expenses - 168,773 225,000 225,000 225,000 0%
Non-Operating Income(Loss) 359,578 205,624 (13,438) 274,130 277,178
Net Income(Loss) $ 28,525 $ (158,219) $ (6,355) (210,917) (80,428)
Ending Working Capital $ 2,260,504 $ 2,668,447
Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the amount which was estimated in the FY 2017-18 budget process.
22
City of Denton
Street Improvement Fund
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2018
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGETVS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET' PROJECTION PROJECTION
Beginning Working Capital
and reserves as of 9/30/2017 $ 1,253,048 $ 1,158,667
REVENUES:
Franchise Fees $ 7,429,750 $ 9,358,293 $ 8,335,204 12,476,060 12,476,060 0%
Street Cuts 258,073 267,786 200,265 357,000 357,000 0%
Investment Income 13,322 7,501 440 10,000 10,000 0%
Transfers In 773,871 838,714 775,936 1,118,135 1,118,135 0%
Miscellaneous 41 - 1,505 - -
Total Revenues 8,475,057 10,472,294 9,313,350 13,961,195 13,961,195 0%
EXPENDITURES:
Personal Service 2,207,288 2,580,333 2,493,245 3,439,984 3,439,984 0%
Materials and Supplies 93,571 65,373 64,788 87,150 87,150 0%
Maintenance and Repairs 6,195,241 4,262,707 5,194,393 6,620,524 6,620,524 0%
Insurance 32,267 38,774 38,770 51,693 51,693 0%
Miscellaneous 3,609 3,751 4,320 5,000 5,000 0%
Operations,Services 582,804 655,298 513,643 830,302 830,302 0%
Transfer Out 654,651 2,866,063 2,839,077 2,926,542 2,926,542 0%
Total Expenditures 9,769,431 10,472,299 11,148,236 13,961,195 13,961,195 0%
Net Income(Loss) $ (1,294,374) $ (5) $ (1,834,886) - -
Ending Fund Balance $ 1,253,048 $ 1,158,667
Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2017-18 budget process.
23
City of Denton
Grants
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2018
EXPENDITURES CURRENT ANNUAL ANNUAL BUDGET VS
GRANT DESCRIPTION AS OF 9/30/20172 Y-T-D BUDGET PROJECTION PROJECTION
FY 2017-18 Budget
US Dept of HUD-
Community Development Block Grant(CDBG) $ 2,7759354 $ 559,021 $ 1,893,649 $ 600,000 -68%
US Dept of HUD-
HOME Investment Partnership Program 298169384 378,682 1,046,759 450,000 -57%
Community Development 5,591,738 937,703 2,9409408 1,050,000 -64%
TxDot STEP Comprehensive Grant - 55,452 91,464 91,464 0%
2016 UASI 130,000 130,000 130,000 0%
2017 UASI 15,333 98,200 98,200 0%
Emergency Management Performance Grant - 46,825 46,825 0%
2016 Tobacco Enforcement Grant - 7,350 - -100%
Staffing for Adequate Fire&Emergency Response 111,339 419,971 419,971 0%
Public Safety 312,124 793,810 786,460 -1%
Airport Maintenance(RAMP)Grant - 229425 50,000 50,000 0%
TxDot-RTR-Mayhill Rd-IH35 E to US 380 14,203,683 10,017,435 33,197,821 18,000,000 -46%
TxDot-RTR-Bonnie Brae Rd-I1135 E to US 377 9,189,164 1090239369 39,579,553 7,000,000 -82%
County-Traffic Signal-US 380-Cindy Lane - - 53,865 - -100%
TxDot-IH35E at Loop 288/Lillian Miller Pkwy - - 37,000 37,000 0%
TxDot-RTR-McKinney(Formerly FM426) 138 669,086 18,267,303 1,300,000 -93%
TxDot-Hickory Creek FM2181-FM2499 2,294 1,516 2,397,706 400,000 -83%
NCTCOG Regional HHW Drop-Off Facility Project - - 55,898 - -100%
Bicycle&Pedestrian Projects Grant - - 1,500,000 195,000 -87%
Transportation) 23,395,279 2097339831 95,139,146 26,982,000 -72%
Interlibrary Loan Program(ILL) - - 25,000 25,000 0%
TIFMAS Training Tuition Grant 7,710 10,000 10,000 0%
Other 7,710 35,000 35,000 0%
Total FY 2017-18 Budget 28,987,017 21,991,368 98,908,364 28,853,460 -71%
New Awards
Emergency Solutions Grant - 271,206 600,000 500,000 -17%
Community Development 271,206 600,000 500,000 -17%
Federal Equitable Sharing 23,420 23,420 23,420 0%
Chapter 59 Asset Forfeitures 107,248 107,248 107,248 0%
U.S.Marshals Violent Offenders Task Force 20,180 20,180 20,180 0%
PD-Law Enforcement Officer Standards&
Education 12,467 12,467 12,467 0%
Sexual Assault Nurse Examiners(SANE)
Reimbursement 31,596 31,596 31,596 0%
2017 SHSP Ballistic Blankets 3,000 3,000 3,000 0%
2017 SHSP Night Vision - 14,200 14,200 0%
2017 UASI Command Data - 30,000 30,000 0%
Body Armor Grant Program - 91,692 91,692 0%
2018 SHSP SWAT Equipment Enhancement - 24,000 24,000 0%
Public Safety - 197,911 357,803 357,803 0%
24
City of Denton
Grants
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2018
EXPENDITURES CURRENT ANNUAL ANNUAL BUDGET VS
GRANT DESCRIPTION AS OF 9/30/20172 Y-T-D BUDGET PROJECTION PROJECTION
TxDot-N TX Blvd Roundabout 11,805 1,603 1,988,195 400,000 -80%
TxDot-RTR-ITS COMM Trunk Line 253,372 40,934 1,318,228 1,000,000 -24%
TxDot-US 77 At Nicosia Street - 329795 38,240 38,240 0%
TxDot-FM 2499 At State School Road 219597 21,597 21,597 0%
TxDot-FM 2499 At Unicorn Lake - 219491 21,638 21,638 0%
Transportation' 265,177 1189420 3,387,898 1,481,475 -56%
TxDot NW Trail Extension Grant 1,086,685 2129273 212,273 212,273 0%
Parks and Recreations 1,086,685 2129273 212,273 212,273 0%
Texas Parks&Wildlife-CCNHC-Davis Trailhead&
Trail - 839011 199,613 199,613 0%
Others - 83,011 199,613 199,613 0%
Total New Awards 1,351,862 882,821 4,757,587 2,751,164 -42%
TOTALS $ 30,338,879 $ 22,874,189 $ 103,665,951 $ 31,604,624 -70%
'This grant amount will be spent over several years and the fiscal year 2017-18 projections are just estimated expenditure in the one year.
Remaining grant amounts will be spent in future fiscal year.
2 A portion of the grants presented cover multiple years.
25
Section 3
City of Denton
Quarterly Financial Report
June 2018
REVENUE & ECONOMIC
ANALYSIS
26
Revenue & Economic Analysis
Summary
The data included in this section provides information on local, state
and national trends impacting the City's financial position.
The following notes are provided to facilitate this section's readability.
1 . Positive Outlook — Represents favorable conditions for the local
economy. Color code — Green.
2. Cautious Outlook — Represents changing conditions that
require close monitoring. Color code — Yellow.
3. Negative Outlook — Represents unfavorable conditions for the
local economy. Color code — Red.
The data included in this section have been obtained from a variety of
sources. Sales tax and construction related data have been obtained
from internal city departments. Economic data for the State have
been obtained from the Federal Reserve Bank of Dallas and may be
subject to availability. National economic data were compiled with
assistance from the City's investment advisor, First Southwest Asset
Management.
27
FirstSouthwest
AssetManagemen4*
National Economic Trends A Hilltop Holdings Company_
Period Ending June 30, 2018
Gross Domestic Product(GDP�
The initial measure of seasonally -adjusted
Gross Domestic Product second quarter GDP was at+4.1%, essentially
Quarterly Annualized Percentage Change matching the Bloomberg median forecast,and
6,0 .......................................................... .....................................................................................I...................................................... the strongest quarterly growth in four years
5.0 .................. Historical Avg.3.2% ago. But,t he underlying numbers actually
4.1 indicate an even stronger economy and pave
4,0 ------------------------------------------------------------------------------------------------------------------------- the way for enhanced third quarter growth. In
3.3
3.0 ................................................................................-..................................3.0 .................................... particular, business inventories fell in Q2,
2.3 L9..........18 1.8 2.3 2.2 chipping a full percentage point off of GDP. If
20 ........................... ...... ........ U.S. businesses rebuild inventories this
10 .......• ....... .......... quarter,there could be a significant addition in
0'o Q3. Consumer spending was up+4.0%in Q2,
the best since 2014. Business spending rose
-LO ....................................................................................................................................................................... by +73% following an eye-popping +11.5%
-2.0 ................... ...................................... first quarter advance. Businesses have the tax
M- ;F incentive to continue expanding,whil e the
T 6" 7
-4 consumer may be challenged to keep up the
W ON 01 (n -4 .4 00 00
M
Source.US Census Bureau I Bloomberg brisk pace without a significant wage boost.
Nonfarm Payrolls
thousands change In Non-Farm Payrolls -o--unemployment Rate U.S. businesses increased payrolls by+I 57k
in July. Prior month revisions added +59k.
400 ................................... d.0 The monthly average for the first seven
324 7.5 months of the year is now+215k;if this holds,
300 239 7.0................. ........ MR 2 1 4 1 9 it would be the strongest job growth since
0 216 2015. The unemployment rate declined from
200 -17S_1,76 65 C
4.0% to 3.9%in July as the household survey
6.0 showed +105kAm ericans entered the
100 workforce during the month, while +389k
0
found jobs. Unemployment has return ed to
0 5.0 within a tenth of a percen tage point from the
Z
4.4 four decade low reached in May.
4.4 4.3 4.3 4.3 41 4.5
U 4.1 4A �4,14.1 �4. 4,0
-100 319 ��39
18 4.0 The labor market is tight,but hourly earnings
-200 IS rose just+0.3%in July , equaling forecasts,
Z 0 3 g while the June wage gain was revised lower.
7
On an annual basis,wages were unchanged at
Source:Bureau of Labor Statistics Bloomberg +2.7%.
28
Inflation
Inflation Indicators(Year-Over-Year Percent Change) Posting its highest reading since January ,
3.5 ....._ [Pi-AHnems CPI-Core PCE-Core
3s headline PPI rose+0.5%in May, and+0.3%
� �- �
in June,while the y ear-over-year (y-o-y)
3.0 ••-..................................._...................................__....._............__.................._........_...................... 3.0 jumped from +2.6%in April to+3.1%in
May and+3.4% in June. Core PPI,which
excludes food, energy and trade services, is
2.0 .____.___...___.___.....__....._ ._ _.. -- -- -____...__-.--__. 10 running at+2.7% y-o-y through June. The
Consumer Price Index is rising more
LS --_•••----•••_-•• ••• 1.5 modestly with a gain of just A.1%in June,
E.o W 1.0 but the y-o-y pace has accelerated to+2.9%
from +2.1% when the year began. Core CPI
o.s _ ••• ••-• •_ ••• _• __ ••• -_ •... ... .•• ... ••. •-• •. o.s rose+0.2%in June,while the y-o-y pace has
o.o oo bumped up to +2.3%. C ore PCE fin ally
matched the Fed's+2.0%target in May.
2 0 t y c e` c 9 R 2 o m` Q 3 Z
Tariffs are likely to have an inflationary
� ~ P Obi P � P � V V V V � v V v � V � � W W �" m � 00 e1 V V m
impact in the coming months and will make
Source Bureau of labor Stalmocs I Buroau of Economic Ana"n; Blocip"rg the Fed's job more difficult.
Retail Sales
Headline retail sales rose+0.5%in June,
Retail Sales 96 Change matching forecasts, while the already solid
Retail Sales Month Over.Month -Retail Sales YeauOvevYear I May number was revised upward from
7.00 .................._.................................................................._...................................................................................................................._................_..._... +0.8%to+1.3%.
6.00 ...._..._..._..._..._.__.__.__.__.__.__.__.__._..._..._..._..._..._..._..._..._...__._..._..........._..._..._..._........ ........_........_..._.__..._.__........ ....._...�
The retail sales control gr oup, which feeds
5.00 .................................................._._. :.. ................._..._........._....................... ...
.............._.__. ................ .. .........._..._...
into the GDP calculation, was unexpectedly
4.00 ..__..._..._..._..._..._..._.__..._.__._....... ............I.........-__...- _........................ :..........__.__.__._____ .--___-____...-.-... (and oddly) weaker than expected June,
3.00 ._.__.__.__.__._.__ .._..._..._._.__..._--- .:._..._..._..._.__.__.__.____._______.__._._..._..._..._......_..._..._... rising by just 0.25%, but an upward revision
Z.00 ...._..._... .._......_.__......_......__.__.__._...__....__.......__..._.__..._.____.__.__....__..._..._..._..._.__.__..._...__._.__.__..._.__._............._. boosting the May control group data from
+0.8% to+1.3%indicated the overall three-
1.00 ._._......................................... _ .-._..._._.._._.._._... _..._.-._..._..._..._..._.__..._._.......
....
.....
•••_" month period was quite strong.
0.00 , ' ■ , For the second quarter, headline sales rose
.1.00 .........................................._..._.__.__._...___.____.__._-__.__.__.__.__.__.__._-__._____________.__.__.____.__.__.__.__.__. +7.9%, compared to+1.8%in the first
.Z00 .______..___.___._____._.__.__.__.___.._._..._.__..._.__.__.________..__.._____.___.______.____.________. quarter. Since consumer spending drives the
U.S. economy,healthy retail sales indicate
P T T p• � Q• P V V v V V V V v v V � v � W pp Op � W
strong GDP growth in Q2.
Source US Census Bureau,Bloomberg
29
Texas Home Sales
Texas home sales rose by +43.0% in the
TexuMenton Cty Nome Sales(NSA) second quarter and +2.5% on a year-
400 over-year basis. The average Texas
37b
375 home price in June was $298.7k, a
360
325 +4.1% increase over the previous year,
300 t and a new record high.
275 J
26s -,� 1, J� In Denton County, unit home sales rose
200 _ _ - - i +43% during the spring quarter, and
175 1 t t i 7m +2.5% over the same period a year ago.
15-0 The average home price in June was
125 - $366.5k, a +4.2%year-over-year
1D0 _— »OY__ increase and the highest average
is MD
50 —�OX"Wesrn) recorded in any single month. Total
25 - Denton County listings in June were
00 L L L XO 3,810, approximately +14% higher than
a year ago. The available inventory at
N N N N W W W UI N 0 M 01 J V V V O A
quarter end was 3.0 months; a
��-�-•h-��► substantial increase from 2.2 three
months earlier.
The paper was prepared by FirstSouthwest Asset Management,is intended for educational and informational purposes only and does not constitute legal or
investment advice,nor is it an offer or a solicitation of an offer to buy or sell any investment or other specific product.Information provided in this paper was
obtained from sources that are believed to be reliable;however,it is not guaranteed to be correct,complete,or current,and is not intended to imply or establish
standards of care applicable to any attorney or advisor in any particular circumstances.The statements within constitute the views of FirstSouthwest Asset
Management as of the date of the report and may differ from the views of other divisions/departments of Hilltop Securities.In addition,the views are subject
to change without notice.This paper represents historical information only and is not an indication of future performance.
30
Fuel Prices I Outlook I Cautious
Description: Quarterly fuel trends for the United States and Texas.
Analysis: Fuel prices are a major commodity source in the economy. Studies have shown a positive effect on
disposable income levels when fuel prices decrease. It is estimated that for every penny decrease in the price of
fuel, $1.3 billion is available to the consumer for disposable income. Therefore,the price of fuel is likely to be a key
predictor of sales tax collections. Fuel prices showed a 9.2%increase from the prior quarter at the national level and
a 10.6%increase at the state level. Staff has rated this outlook as Cautious.
Fuel Prices
uSales Tax —Texas Fuel Prices —US Fuel Prices
$4.00 $12
$3.50
$10
$3.00
$8
$2.50
L
00.
o $2.00 $6 2
C
$1.50
$4
$1.00
$2
$0.50
$0.00 $0
3Q'14 1Q'15 3Q'15 1Q'16 3Q'16 1Q'17 3Q'17 1Q'18 3Q'18
Source: U.S. Department of Energy
31
Municipal Cost Index I Outlook
Description: The Municipal Cost Index was developed to show the rate of inflation for the cost of goods purchased
frequently by local governments. The MCI draws on the monthly statistical data collected by the U.S. Departments
of Commerce and Labor as well as independently compiled data to project a composite cost picture for the
municipal budget officer or operating department manager. Costs of labor, materials and contract services are all
factored into the composite MCI. Major indicators of these items used for the MCI include the Consumer Price
Index, the Wholesale Price Index for Industrial Commodities (now known as the Producer Price Index) and the
construction cost indexes published by the U.S. Department of Commerce, respectively.
Analysis: The Municipal Cost Index (MCI) pulls a variety of prices for frequently purchased commodities for local
governments. The cost for labor, materials and contract services are factored for the MCI. An increase in MCI
means the overall price mix for these types of commodities will cost local governments more to do routine business.
The 3rd Quarter of 2017-18 shows an increase of 2.5% over the prior quarter and an increase of 8.0%over the 3rd
Quarter of 2016-17. Staff has rated this indicator as Negative.
Municipal Cost Index
255.00
250.00
245.00
240.00
235.00
230.00
225.00
3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18
Source:American City and County Magazine
Note: The Municipal Cost Index is designed to show the effects of inflation on the cost of providing municipal services. State
and local government officials rely on American City&County's Municipal Cost Index to stay on top of price trends,help control
price increases for commodities, make informed government contract decisions and intelligent budget planning. Since 1978,
readers have loyally referred to the Municipal Cost Index to determine the cost of inflation and, hence,the rising cost of doing
business as a local government.
32
Hotel Occupancy Tax Analysis I Outlook I Positive
Description: Tax imposed on a person who, under a lease, concession, permit, right of access, license, contract, or
agreement, pays for the use of a room that is in a hotel. A hotel includes: any building in which the public may obtain
sleeping accomodations; motels; a tourist home, house or court; lodginghouse; inn; roominghouse; or bed and
breakfast. The tax rate levied by the City is 7%of the price paid for a room. The State also levies a tax equal to 6%.
Analysis: While the use of this revenue source is restricted by state law, it is an essential revenue source for various
tourist related activities within the community and an important indicator of local economic activity. Hotel Occupancy
tax revenue through the 3rd Quarter of FY 2018 was 8.99% less than budget and 1.15% less than the prior year's
actual. Staff has rated the outlook for this economic indicator as Positive.
3rd Quarter FY 2017-18
Actual Y-T-D
Occupancy Tax Revenue: $ 814,507 $ 2,048,566
FY 2017-18 Budget $ 894,978 $ 2,262,645
Over(Under)Budget $ (80,471) $ (214,079)
FISCAL YEAR FORECAST
Hotel Occupancy Tax Budget: $ 3,052,174
End of Year Projection: $ 3,052,174
Variance: $ -
Hotel Occupancy Tax Collections
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000 — —
$300,000 —
$200,000 —
$100,000 —
$0 —
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
■FY 2014-15 ■FY 2015-16 ■FY 2016-17 ■FY 2017-18
33
Sales and Use Tax Analysis I Outlook I Positive
Description: Tax imposed on all retail sales, leases, and rentals of most goods, as well as taxable services. The total tax
rate levied within the City is 8.25%(State,6.25%;City, 1.5%; DCTA,0.5%).
Analysis: As the second largest revenue source to the City's General Fund, sales and use taxes are essential to the
delivery of services to the community. Sales tax revenues through the 3rd quarter of FY 2018 compared to revenues
from the prior year 3rd quarter shows a 4.60% increase, and compared to the budget it is 6.49%above. Staff has rated
this indicator as Positive.
. .
Actual ,Revenue:Gross Sales Tax
Municipal Operations $ 463,010 $ 1,362,509
General Retail&Others 9,439,634 28,187,181
Comptroller Fees (185,035) (552,808)
Amount Retained (181,334) (541,753)
Total Revenue $ 9,536,275 $28,455,129
Expenses:Economic Incentives
Denton Crossing' $ 137,821 $ 430,690
Unicorn Lake 22,986 58,451
Rayzor Ranch 3 327,263 956,367
Golden Triangle 38,365 116,379
Total Expenses $ 526,435 $ 1,561,887
Net Total 9,009,840 26,893,242
FY 2017-18 Budget 8,367,183 24,812,698
Over(Under)Budget $ 642,657 $ 2,080,544
Sales Tax Budget: $ 36,181,385
Year End Projection: 39,452,935
Variance to Original Budget: $ 3,271,550
Economic Development Expenditure Budget: $ 2,373,819
Year End Projection: 2,060,599
Variance to Original Budget: $ (313,220)
Gross Sales Tax Collections (Millions)
$10.0 _
$9.0
$8.0
$7.0
$6.0
$5.0
$4.0
$3.0
$2.0
$1.0
$0.0 --— -
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
O FY 2013-14 Actual u FY 2014-15 Actual O FY 2015-16 Actual W FY 2016-17 Actual o FY 2017-18 Actual
1.Incentive is 50%of general sales taxes.For the 2nd quarter sales tax equaled$275,642.
2.Incentive is 50%of general sales taxes.For the 2nd quarter sales tax equaled$45,972.
3.Incentive is 75%of general sales taxes.For the 2nd quarter sales tax equaled$436,351.
4.Incentive is 75%of general sales taxes.For the 2nd quarter sales tax equaled$51,153.
34
Certificates of Occupancy I Outlook
Description: Certificates of Occupancy (CO) are permits issued in compliance with the 2009 International Building
Code (IBC) and applicable City ordinances. The IBC states, "that no building shall be used or occupied, and no change
in the existing occupancy classification of a building or structure or portion thereof shall be made, until the building
official has issued a certificate of occupancy." Certificates of Occupancy ensure that applicable building, fire and
consumer health codes are met.
Analysis: Certificates of Occupancy are an economic indicator that provides a framework for the overall condition of
the local economy. Certificates of Occupancy increased 14.7% from the prior quarter and decreased 51.69% from
the 3rd Quarter of 2017. Staff has rated the outlook for this revenue indicator as Negative.
Certificates of Occupancy
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
'13 '13 '14 '14 '14 '14 '15 IS '15 '15 '16 '16 '16 '16 '17 '17 '17 '17 '18 118 118
Source:City of Denton's Development Services Department.
35
Residential Permits I Outlook I Cautious
Description: Residential Permits are issued in compliance with the 2009 International Residential Code (IRC) and
applicable City ordinances. The data presented in this analysis only include new permits issued and not
remodels/alterations.
Analysis: Residential Permits are an economic indicator that provides a framework for the overall condition of the
local economy. In particular, residential permits have a direct correlation with building inspection fees and
appraised values. Residential permits decreased 48.5% from the prior quarter and decreased 4.5% from the 3rd
Quarter of 2017. Staff has rated the outlook for this revenue indicator as Cautious
Residential Permits
250.0
200.0
150.0
100.0
50.0
0.0
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
'13 '13 '14 '14 '14 '14 '15 '15 IS '15 '16 '16 '16 '16 '17 '17 '17 '17 '18 '18 '18
Source:City of Denton's Development Services Department.
36
Texas Leading Indicators Index I Outlook I Positive
Description: The Texas Leading Indicators Index is a single weighted summary statistic that sheds light on the future
of the state's economy. The index is designed to signal movements and changes in the state's rate of growth. The
index includes the following leading indicators: Texas Value of the Dollar, U.S. Leading Index, Real Oil Prices, Well
Permits, Initial Claims for Unemployment Insurance, Texas Stock Index, Help-Wanted Advertising, and Average
Weekly Hours Worked in Manufacturing.
Analysis: Texas Leading Indicators provide a framework for the overall condition of the local economy. Data for this
quarter shows an increase in the state's rate of growth. The index decreased 0.4% from the prior quarter and
increased 4.17%from the 3rd Quarter of 2016-17. Staff has rated this indicator as Positive
Texas Leading Indicators Index
140.0
135.0
130.0
125.0
120.0
115.0
110.0
105.0
100.0
2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q
'08 '08 '09 '09 '10 '10 '11 '11 '12 '12 '13 '13 '14 '14 '15 '15 '16 '16 '17 '17 118
Source: Federal Reserve Bank of Dallas
37
Unemployment Rate Index I Outlook I Positive
Description: Unemployment is defined as the number or proportion of people looking for work at the prevailing
wage who are unable to find employment.
Analysis: Unemployment is an economic indicator that provides a framework for the overall condition of the
national, state and local economies. The unemployment rate for the City of Denton is at 3.1% for the 3rd Quarter.
The unemployment rates for most of the other reported sectors were either down slightly or flat from the prior
quarter. As a result of the downward trend since the high of the 2nd Quarter of 2012,staff has rated the outlook for
this revenue indicator as Positive.
Unemployment Rate Index
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
3Q'12 1Q'13 3Q'13 1Q'14 3Q'14 1Q'15 3Q'15 1Q'16 3Q'16 1Q'17 3Q'17 1Q118 3Q118
`I Dallas-Plano-Irving MD IDenton -Texas -U6 Unemployment -United States
Source: Federal Reserve Bank of Dallas, U.S. Bureau of Labor Statistics,and Texas Workforce Commission
Note: U6 unemployment includes marginally attached workers who currently are neither working nor looking for work but
indicate that they want and are available for a job and have looked for work sometime in the recent past. Discouraged
workers, a subset of the marginally attached, have given a job-market related reason for not looking currently for a job.
Persons employed part-time for economic reasons are those who want and are available for full-time work but have had to
settle for a part-time schedule.
38
h
1
1[�
r
r � �
r
IN
Ir
Fountain Monolith by JesusMoroles, November2016
39
Section 4
City of Denton
Quarterly Financial Report
June 2018
INVESTMENT REPORT
40
CITY OF r • QUARTERLY INVESTMENT REPORTcm
rn
-----------------------------------------------------------
nr rr�
INVESTMENT POOL
Policy
Par Market Book Unrealized Max. Benchmark
:Portfolio: Value Value Value Gain/(Loss) WAM WAM YTM Yield*
:Investment Pool :$ 555,902,431 $ 552,367,304 $ 555,370,737 $ (3,003,433) 291 550 1.58% 1.75%
`Twelve month moving average of a one year
:US.T-bill yield
%of Total
Par Market Book Unrealized Portfolio Policy
:Securities By Investment Type: Value Value Value Gain/(Loss)' WAM YTM (Book Value) Max.
:U.S.Treasuries 27,000,000 26,827,579 26,910,229 (82,650) 196 1.23% 4.85% 100.00%
:U.S.Federal Agencies 300,756,000 297,698,394 300,518,882 (2,820,488) 406 1.34% 54.11% 100.00%
:Municipal Bonds 11,000,000 10,904,650 11,000,000 (95,350) 245 1.11% 1.98% 15.00%
:Certificates of Deposit 102,000,000 102,000,000 102,000,000 - 282 1.57% 18.36% 35.00%
:Commercial Paper 21,000,000 20,790,250 20,795,195 (4,945) 143 1.67% 3.74% 15.00%
:Local Government Investment Pools 66,174,172 66,174,172 66,174,172 - 1 1.49% 11.92% 50.00%
Insured Cash Sweep Savings Deposits 25,000,000 25,000,000 25,000,000 - 1 1.55% 4.50% 15.00%
Demand Deposits 2,972,259 2,972,259 2,972,259 1 0.80% 0.54%
:Total Portfolio ;$ 555,902,431 $ 552,367,304 $ 555,370,737 $ (3,003,433) 291 1.58% 100.00%
:'Unrealized gain/(loss)is the difference between the market and book value and does not represent an actual gain or loss. Gains and losses are:
:realized only when a security is sold prior to maturity. Since it is the City's practice to hold investments until they mature,the temporary gains and:
:losses are unlikely to be realized.
Current 3 Months Ago 3 Month 1 Year Ago 1 Year Ago
;Investment Pool Comparisons: 6I30I2018 3I31I2018 Difference 6/30/2017 Difference
------ -----'------ ------ -------
:ParValue :$ 555,902,431 $ 608,515,986 $ (52,613,555) $ 777,853,000 $ (221,950,569)
:Market Value !$ 552,367,304 $ 605,052,760 $ (52,685,456) $ 776,842,268 $ (224,474,964)
:Book Value !$ 555,370,737 $ 608,179,960 $ (52,809,223) $ 777,932,815 $ (222,562,078)
:Unrealized Gain(Loss) !$ (3,003,433) $ (3,127,200) $ 123,767 $ (1,090,547) $ (1,912,886)
!Weighted Average Maturity 291 309 (18) 359 (68)
:Yield to Maturity 1.58% 1.42% 0.16% 1.16% 0.42%
:Portfolio Composition:
:U.S.Treasuries 4.85% 2.79% 2.06% 6.96% -2.10%
:U.S.Federal Agencies 54.11% 53.20% 0.92% 44.61% 9.50%
:Municipal Bonds 1.98% 2.38% -0.41% 4.11% -2.13%
!Certificates of Deposit 18.36% 20.72% -2.36% 18.74% -0.38%
:Commercial Paper 3.74% 5.91% -2.16% 8.97% -5.23%
:Local Government Investment Pools 11.92% 9.59% 2.32% 16.39% -4.48%
:Insured Cash Sweep Savings Deposits 4.50% 4.11% 0.39% 0.00% 4.50%
:Demand Deposits 0.54% 1.30% -0.77% 0.22% 0.32%
:Bank Collateral Review**: Institution Collateral Type Market Value Collected Balance Pledge Required Collateral Ratio
Wells Fargo Demand Deposits :BNY Mellon U.S.Agency MBS $ 35,852,843 $ 2,972,259 >102% 1206.25%
:LegacyTexas Bank Certificates of Deposit*** .Fed Home Loan Bank Standby LOC $ 57,890,000 $ 45,000,000 >100% 128.64
:Independent Bank Certificates of Deposit :Fed Home Loan Bank Standby LOC $ 16,950,000 $ 15,188,394 >100% 111.60%
:**Does not include FDIC insurance
***Formerly,ViewPoint Bank
Depository Ledger Balance Review: Institution Account Type Beginning Bal. Deposits Withdrawals Ending Bal.
Wells Fargo Bank Checking $ 1,598,018 $ 95,239,528 $ (93,865,287) $ 2,972,259
---------------------------------------------------------------------------------------------------------------------------------------------------------
:Compliance Statement&Review: :The Quarterly Investment Report is in full compliance with the objectives,restrictions,and strategies as set forth in the City of Denton's Investment;
:Policy and the Public Funds Investment Act(Texas Government Code,Chapter 2256.023).
----------------------------------------------------
ANTONIO PUENTE,JR. KEVIN ANN MULLEN
Reviewer:Antonio Puente,Jr.,CGFO Preparer:Kevin Ann Mullen,CPA
Director of Finance Treasury Manager
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
41
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
INVESTMENTPOOL
Current 3 Months Ago 3 Month 1 Year Ago 1 Year
6/30/2018 3/3112018 Difference 613 012 01 7 Difference
Par Value-U.S.Treasuries $ 27,000,000 $ 17,000,000 $ 10,000,000 $ 54,000,000 $ (27,000,000)
:Par Value-U.S.Federal Agencies 300,756,000 323,756,000 (23,000,000) 347,000,000 (46,244,000)
:Par Value-Municipal Bonds 11,000,000 14,500,000 (3,500,000) 31,860,000 (20,860,000)
:Certificates of Deposit 102,000,000 126,000,000 (24,000,000) 145,756,500 (43,756,500)
:Par Value-Commercial Paper 21,000,000 36,000,000 (15,000,000) 70,000,000 (49,000,000)
:Local Government Investment Pools 66,174,172 58,324,172 7,850,000 127,524,172 (61,350,000)
;Insured Cash Sweep Savings Deposits 25,000,000 25,000,000 - - 25,000,000
Demand Deposits 2,972,259 7,935,814 (4,963,555) 1,712,328 1,259,931
Total Par Value $ 555,902,431 $ 608,515,986 $ (52,613,555) $ 777,853,000 $ (221,950,569)
Market Value-U.S.Treasuries $ 26,827,579 $ 16,849,721 $ 9,977,858 $ 54,066,642 $ (27,239,063)
:Market Value-U.S.Federal Agencies 297,698,394 320,650,279 (22,951,885) 346,204,860 (48,506,466)
;Market Value-Municipal Bonds 10,904,650 14,379,250 (3,474,600) 31,808,347 (20,903,697)
:Certificates of Deposit 102,000,000 126,000,000 (24,000,000) 145,756,500 (43,756,500)
Market Value-Commercial Paper 20,790,250 35,913,524 (15,123,274) 69,769,419 (48,979,169)
:Local Government Investment Pools 66,174,172 58,324,172 7,850,000 127,524,172 (61,350,000)
;Insured Cash Sweep Savings Deposits 25,000,000 25,000,000 - - 25,000,000
:Demand Deposits 2,972,259 7,935,814 (4,963,555) 1,712,328 1,259,931
:Total Market Value $ 552,367,304 $ 605,052,760 $ (52,685,456) $ 776,842,268 $ (224,474,964)
:Book Value-U.S.Treasuries $ 26,910,229 $ 16,958,860 $ 9,951,369 $ 54,135,449 $ (27,225,220)
:Book Value-U.S.Federal Agencies 300,518,882 323,527,701 (23,008,819) 347,074,851 (46,555,969)
:Book Value-Municipal Bonds 11,000,000 14,500,000 (3,500,000) 31,945,426 (20,945,426)
:Certificates of Deposit 102,000,000 126,000,000 (24,000,000) 145,756,500 (43,756,500)
;Book Value-Commercial Paper 20,795,195 35,933,413 (15,138,218) 69,784,089 (48,988,894)
Local Government Investment Pools 66,174,172 58,324,172 7,850,000 127,524,172 (61,350,000)
:Insured Cash Sweep Savings Deposits 25,000,000 25,000,000 - 25,000,000
;Demand Deposits 2,972,259 7,935,814 (4,963,555) 1,712,328 1,259,931
:Total Book Value $ 555,370,737 $ 608,179,960 $ (52,809,223) $ 777,932,815 $ (222,562,078)
:Accrued Interest $ 3,171,462 $ 3,032,833 $ 138,629 $ 3,368,342 $ (196,880)
:Cash Value- $ 555,538,766 $ 608,085,593 $ (52,546,827) $ 780,210,610 $ (224,671,844)
(Total Market Value+Accrued Interest)
:Unrealized Gain/(Loss) $ (3,003,433) $ (3,127,200) $ 123,767 $ (1,090,547) $ (1,912,886)
:Change in Fair Value since 9/30/17- $ (1,631,152) $ (1,919,786) $ 288,634 $ (1,624,078) $ (7,074)
I(GASB 31)
----------------------------------------------------------------------------------------------------------------------------------------------'
:Strategy Statement: :The investment pool is an aggregation of the majority of City funds which may include tax receipts,enterprise fund revenues,fine and fee:
income, as well as some, but not necessarily all bond proceeds,grants, gifts and endowments. This portfolio is maintained to meet:
:anticipated daily cash needs for the City's operations,capital projects and debt service. In order to meet these obligations and to minimize:
:potential liquidation losses,the dollar-weighted stated average maturity of the investment pool shall not exceed 1.5 years or 550 days. The:
:objectives of this portfolio are to: (1)ensure safety of principal by investing in only high quality securities for which a strong secondary market:
:exists;(2)ensure that anticipated cash flow needs are matched with adequate investment liquidity;(3)limit market and credit risk through:
diversification;and(4)attain the best feasible yield,commensurate with the objectives and restrictions set forth in the Investment Policy,by:
:actively managing the portfolio to meet or exceed the twelve month moving average yield of a one year U.S.Treasury bill as derived from the:
Federal Reserve Statistical Release H.15 for constant maturities.
F----------------------------------------------------------------------------------------------------------------
42
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
INVESTMENTPOOL
Current 3 Months Ago 1 Year Ago
;Summary By Security Type: 6I30I2018 3I31I2018 6I30I2017
:U.S.Treasuries-Coupon $ 26,910,229 $ 16,958,860 $ 54,135,449
j U.S.Federal Agencies-Coupon 279,762,927 302,771,196 326,075,506
U.S.Federal Agencies-Callable 20,755,955 20,756,505 20,999,345
Municipal Bonds-Coupon 11,000,000 14,500,000 31,945,426
:Certificates of Deposit-CDARS 42,000,000 49,000,000 38,756,500
:Certificates of Deposit-SLOC 60,000,000 77,000,000 107,000,000
;Commercial Paper-Discount 20,795,195 35,933,413 69,784,089
;Local Government Investment Pools 66,174,172 58,324,172 127,524,172
:Insured Cash Sweep Savings Deposits 25,000,000 25,000,000 -
:Demand Deposits 2,972,259 7,935,814 1,712,328
;Total Book Value $ 555,370,737 $ 608,179,960 $ 777,932,815
Current
06/30/2018
■
U.S.Federal Agencies-Coupon
50.37%
■
U.S.Federal Agencies-Callable
3.74%
■
Municipal Bonds-
Coupon
1.98%
■
U.S.Treasuries- •
Coupon Certificates of
4.85% Deposit-SLOC
10.80%
■Demand Deposits
0.54% ■ Certificates of
Deposit-CDARS
■Insured Cash Sweep 7.56%
Savings Deposits ■ Local Government Investment ■Commercial Paper-
4.50% Pools Discount
11.92% 3.74%
::Objective: ;The portfolio is restricted to U.S.Treasuries and agency securities(maturing in less than five years);state and locally issued Texas municipal;
;bonds rated AA or better(maturing in less than three years);insured,collateralized,or standby letter of credit backed certificates of deposit;
!(maturing in less than three years);collateralized repurchase agreements(maturing in less than thirty days);commercial paper rated A-1/P-1 or:
;better(maturing in less than 270 days);and local government pools&SEC registered government money market mutual funds(weighted average;
!maturity of less than 60 daysl______________________________________________________________________________________________________________________________________________
Current 3 Months Ago 1 Year Ago
;Summary By Security Type: 6/30/2018 3/31/2018 6/30/2017
:U.S.Treasuries-Coupon 4.85% 2.79% 6.96%
:U.S.Federal Agencies-Coupon 50.37% 49.78% 41.92%
:U.S.Federal Agencies-Callable 3.74% 3.41% 2.70%
:Municipal Bonds-Coupon 1.98% 2.38% 4.11
Certificates of Deposit-CDARS 7.56% 8.06% 4.98%
Certificates of Deposit-SLOC 10.80% 12.66% 13.75%
:Commercial Paper-Discount 3.74% 5.92% 8.97%
:Local Government Investment Pools 11.92% 9.59% 16.39%
:Insured Cash Sweep Savings Deposits 4.50% 4.11% 0.00%
:Demand Deposits 0.54% 1.30% 0.22%
;Total 100.00% 100.00% 100.00%
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
43
CITY OF DENTIN: QUARTERLY INVESTMENT REPORT
INVESTMENT POOL
Current 3 Months Ago 1 Year Ago
;Summary By Issuer: 6/30/2018 3/31/2018 6/30/2017
!CDARS CDs $ 42,000,000 $ 49,000,000 $ 38,756,500
l LEGACYTEXAS BANK CDs' 45,000,000 62,000,000 77,000,000
;INDEPENDENT BANK CDs 15,000,000 15,000,000 30,000,000
U.S.TREASURY 26,910,229 16,958,860 54,135,449
;FFC13 71,996,109 79,995,171 78,026,414
;FHLB 115,963,972 121,008,039 145,072,491
FHLMC 42,928,631 47,921,604 43,052,167
!FNMA 69,630,170 74,602,888 80,923,779
DALLAS,TX WTR&SWR REV BDS 10,000,000 10,000,000 10,000,000
;TEXAS A&M UNIV REV BDS 1,000,000 4,500,000 9,500,000
LUBBOCK,TX GO REFUNDING BDSI - - 3,302,629
;UNIVERSITY OF HOUSTON,TX REV BDS - - 5,067,543
MCKINN EY,TX GENERAL DEG BONDS 1 1,104,434
iTEXAS SCHOOL DIST GEN DEG BONDS - - 2,890,820
!JP MORGAN SECURITIES LLC 10,854,083 10,984,992 14,803,352
lTOVOTA MOTOR CREDIT CORP - 14,979,723 16,966,273
GE CAPITAL TREASURY LLC - - 17,977,050
;NESTLE FINANCE INTL LTD - - 14,950,275
!ING(U.S.)FUNDING LLC 4,996,125 9,968,697 -
lAMERICAN HONDA FINANCE 4,997,139
!NATIXIS NY BRANCH 4,944,988
lTEXSTAR 66,174,172 58,324,172 127,524,172
;INSURED CASH SWEEP SAVINGS 25,000,000 25,000,000 -
WELLS FARGO DEMAND DEPOSITS 1 2,972,258 7,935,814 1,712,328
!Total Book Value $ 565,370,737 $ 608,179,960 $ 777,932,815
Current
6/30/2018
■ WF DEMAND DEPOSITS,0.54%
■TEXSTAR,11.92%
F- AICDAIICD,,1,16%
NATIXIS NY BRANCH,0.89% TEXAS BANK CDs,8.10%
• INSURED CASH SWEEP SAVINGS,4.50%
al (U.S.)FUNDING LLC,.9% ■INDEPENDENT BANK CDs,2.70%
■ JP MORGAN SECURITIES LLC,1.95%
■ DALLAS,TX WTR&SWR REV BDS,1.80% ■U.S.TREASURY,4.85%
■ TEXAS A&M UNIV REV BDS,0.18%
■FNMA,12.54%
■FFCB,12.96%
■FHLMC,7.73% ■FHLB,20.88%
Objective: It is the policy of the City to diversify its investment portfolio by restricting investments in a single issuer/institution to no more than 35 percent of the portfolio's total book value and to those offering;
prepurchase agreements,collateralized CDs(including standby letters of credit),and local or state of Texas municipal securities to no greater than 15 percent.The purpose of this requirement is to limit!
market and credit risk.Commercial paper issuers are further restricted by a 5 percent total portfolio limitation.There are no issuer limitations on U.S.Treasuries or FDIC insured products except as they!
;pertain to the overall 35%certificates of deposit and 15%savings deposit restrictions.Some investment types may be further limited.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Current 3 Months Ago 1 Year Ago
!Summary By Issuer: 1 6/30/2018 3/31/2018 6/30/2017
!CDARS CDs 7.56% 8.06% 4.98%
LEGACYTEXAS BANK CDs' 8.10% 10.19% 9.90%
INDEPENDENT BANK CDs 2.70% 2.47% 3.86%
U.S.TREASURY 4.85% 2.79% 6.96%
!FFCB 12.96% 13.15% 10.03%
!FHLB 20.88% 19.90% 18.65%
!FHLMC 7.73% 7.88% 5.53%
!FNMA 12.54% 12.27% 10.40%
DALLAS,TX WTR&SWR REV BDS I
1 1.80% 1.64% 1.29%
;TEXAS A&M UNIV REV BDS I
I 1 0.18% 0.74% 1.22%
GE CAPITAL TREASURY LLC I
I - - 2.31%
!LUBBOCK,TX GO REFUNDING BDS - - 0.43%
l UNIVERSITY OF HOUSTON,TX REV BDS - - 0.65%
MCKINNEY,TX GENERAL DEG BONDS - - 0.15%
!TEXAS SCHOOL DIST GEN DEG BONDS - - 0.37%
JP MORGAN SECURITIES LLC1 1.95% 1.81% 1.92%
TOYOTA MOTOR CREDIT CORP I
I I - 2.48% 2.18%
!NESTLE FINANCE INTL LTD I
I - - 1.92%
!ING(U.S.)FUNDING LLC 1 0.90% 1.64% -
lAMERICAN HONDA FINANCE 0.64%
NATIXIS NY BRANCH 0.89% - -
TEXSTAR 11.92% 9.59% 16.39%
;INSURED CASH SWEEP SAVINGS 4.50% 4.11% -
W ELLS FARGO DEMAND DEPOSITS 1 0.54% 1.30% 0.22%
!Total 100.00% 100.00% 100.00%
!'Formeny,ViewPoint Bank
44
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
.L,d F����,2018 Paoe 5
INVESTMENT POOL
i Current 3 Months Ago I Year Ago
i(Maturity Time Frame: i 630/2018 3/31/2018 6/30/2017 i
ii ---------------------------------------------------------------------------------------------------------- i
!00-03 Months i $ 162,146,431 $ 191,759,986 $ 226,053,000 i
i
!03-06 Months i 39,000,000 68,000,000 44,000,000
!06-12 Months i 147,000,000 109,000,000 174,800,000
i 12-24 Months i 192,000,000 208,000,000 223,000,000
!24 Months&Over i 15,756,000 31,756,000 110,000,000
!Total Par Value i $ 555,902,431 $ 608,515,986 $ 777,853,000
$850,000,000
$800,000,000
$750,000,000
$700,000,000
$650,000,000
$600,000,000
$550,000,000
$500,000,000
$450,000,000
$400,000,000
$350,000,000
$300,000,000
$250,000,000
$200,000,000
$150,000,000
$100,000,000
$50,000,�000
$0
Current 3 Months Ago 1 Year Ago
M00-06 Months M06-12 Months M 12-24 Months M 24 Months&Over
:Objective: :The risk of market price volatility is minimized through maturity diversification. Investment maturities are staggered to provide cash flows:
:based on the anticipated needs of the City.Liquidity is achieved by matching investment maturities with forecasted cash disbursements:
:and by investing in securities with active secondary markets. Short-term local government investment pools and government money:
:market mutual funds help to provide daily liquidity and may be utilized as a competitive alternative to other fixed income investments.
--------------------------
----------------------------
Current 3 Months Ago I Year Ago
;Maturity Time Frame: 6/30/2018 3/31/2018 6/30/2017
--- --------------------------------------------------------------------------------------
:00-03 Months 29.17% 31.51% 29.06%
:03-06 Months 7.02% 11.18% 5.66%
:06-12 Months 26.44% 17.91% 22.47%
12-24 Months 34.54% 34.18% 28.67%
:24 Months&Over 2.83% 5.22% 14.14%
:Total 100.00% 100.00% 100.00%
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
Page 6
ECONOMIC SUMMARY
Interest Rate History
:Source: U.S.Federal Reserve Statistical
F---------------------------------------------- ------------------------------- --------------------------------
I Release(H.15) Fiscal Year 2012-2013 Fiscal Year 2013-2014 Fiscal Year 2014-2015
I Dec-12 Mar-13 Jun-13 Sep-13 I Dec-13 Mar-14 Jun-14 Sep-14 I Dec-14 Mar-15 Jun-15 Sep-15 :
Market Sector: I---Avg
-------Avg
------__AV9-------AV9---"---Avg
-------Avg
-------AV9-------AV9---"---AV9-------Avg
-------Avg
-------Avg
---
"
;Fed Funds(effective) 0.16% 0.14% 0.09% 0.08%; 0.09% 0.08% 0.10% 0.09%; 0.12% 0.11% 0.13% 0.14%;
:3-Month U.S.T-Bill 0.07% 0.09% 0.05% 0.02%: 0.07% 0.05% 0.04% 0.02%: 0.03% 0.03% 0.02% 0.02%:
:2-Year U.S.T-Note 0.26% 0.26% 0.33% 0.40%: 0.34% 0.40% 0.45% 0.57%: 0.64% 0.64% 0.69% 0.71%:
Portfolio Benchmark' 0.18% 0.18% 0.16% 0.15%: 0.13% 0.13% 0.12% 0.12%: 0.12% 0.15% 0.18% 0.24%:
:Portfolio Yield 0.52% 0.50% 0.48% 0.49%: 0.50% 0.49% 0.49% 0.51%: 0.55% 0.57% 0.57% 0.65%:
I-----------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------------------------
Fiscal Year 2015-2016 Fiscal Year 2016-2017 Fiscal Year 2017-2018
Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18
;Market Sector: Avg Avg Avg Avg Avg Avg Avg Avg Avg Avg Avg Avg
I-----------------------------------------------
:Fed Funds(effective) 0.24% 0.36% 0.38% 0.40%: 0.54% 0.79% 1.04% 1.15%: 1.30% 1.67% 1.90%
3-Month U.S.T-Bill 0.23% 0.30% 0.27% 0.29%: 0.51% 0.75% 1.00% 1.05%: 1.32% 1.71% 1.92%
:2-Year U.S.T-Note 0.98% 0.88% 0.73% 0.77%: 1.20% 1.31% 1.34% 1.38%: 1.84% 2.27% 2.53%
:Portfolio Benchmark' 0.32% 0.41% 0.49% 0.54%: 0.61% 0.69% 0.83% 1.00%: 1.20% 1.46% 1.75%
:Portfolio Yield 0.72% 0.79% 0.81% 0.90%: 0.95% 1.07% 1.16% 1.25%: 1.29% 1.42% 1.58%
F----------------------------------------------------------------------------------------------------------------------------------------------1
:•Twelve month moving average of a one year
:U.S.T-bill yield
FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18
3.00%
2.00%
J�
1.00% --
0.00%
Dec-Mar-Jun-Sep-Dec-Mar-Jun-Sep-Dec-Mar-Jun-Sep-Dec-Mar-Jun-Sep-Dec-Mar-Jun-Sep-Dec-Mar-Jun-Sep-
18 18 18
t Fed 3-Month T-Bill 2-Year T-Note Portfolio Yield Portfolio Benchmark`
I ________________________________________________________________________________________________________________________�
Fiscal Year to Date Earnings
Oct-Dec Oct-Mar Oct-J un Oct-Sep
I Fiscal Year: 3 Months 6 Months 9 Months 12 Months
';2017-2018 I-----------
:$ 2,138,420; :$ 3,771,703; :$ 5,686,091 :$ -
;2016-2017 $ 1,175,753: $ 2,763,136; $ 4,734,315: $ 6,999,226
:2015-2016 I$ 849,368 I I$ 1,771,205 I I$ 2,743,856 I I$ 3,961,971
:2014-2015 $ 613,879; $ 1,228,059; $ 1,874,847; $ 2,695,211
:2013-2014 ;$ 568,825; ;$ 1,121,491; ;$ 1,680,154: ;$ 2,298,785
:2012-2013
I I --$-------------6-1-2--,7-5--0- $ 1,177,337 $ 1,703,496 $ 2,276,341
----------- -----------= -----------= -----
I
QUARTERLY COMMENTARY
June 30,2018
I Source: First Southwest Asset Management:-----------------------------------------------------------------------------------------------------------------------------------------------'
: The third quarter of FY18-19 was marked by rising interest rates.The Federal Reserve raised the Fed Fund rate by 25 basis:
Economic Summary a TexSTAR Monthly :points on June 13,2018.This brings the fed funds targeted range to 1.75-2.00%. Analysts are continuing to predict 2 more;
Newsletter :rate hikes in 2018.At this time the yield curve shows 2-year yields at 2.53%,while the 10-year yield is 2.86%.This 33 basis;
point spread is a big change from nine months ago at 79 basis points.Concerns of an inverted yield curve have risen as this
:has historically been an indicator of a future economic downturn.Jerome Powell,the new chairman for the Federal Reserve,:
:announced that beginning in 2019 there will be press conferences after every policy meeting instead of quarterly:
:announcements. Markets reacted nervously to the escalation in the China-US trade dispute, when negotiations between:
Washington and Beijing were largely unsuccessful.The 25%tariffs on$34 billion of Chinese imports announced by President!
Trump are set to go into effect in early July 2018.
46
City of Denton
Portfolio Management Page 1
Portfolio Details - Investments
August 22, 2018
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Treasury Securities-Coupon
912828M64 3915 U.S.TREASURY 01/27/2017 7,000,000.00 6,978,944.00 7,001,013.84 1.260 1.186 84 11/15/2018
912828P53 3948 U.S.TREASURY 06/07/2017 10,000,000.00 9,909,380.00 9,975,859.63 0.750 1.258 176 02/15/2019
912828P95 3978 U.S.TREASURY 04/23/2018 5,000,000.00 4,956,445.00 4,966,022.82 1.000 2.233 204 03/15/2019
912828A34 3980 U.S.TREASURY 05/07/2018 5,000,000.00 4,982,810.00 4,988,790.76 1.250 2.087 99 11/30/2018
Subtotal and Average 26,927,435.90 27,000,000.00 26,827,579.00 26,931,687.05 1.573 143
Federal Agency Issues-Coupon
3133EGFQ3 3896 FFCB 06/27/2016 4,000,000.00 3,991,220.00 3,999,928.86 0.875 0.906 22 09/14/2018
3133EFX69 3897 FFCB 06/27/2016 4,000,000.00 3,988,408.00 4,000,264.94 0.960 0.902 43 10/05/2018
3133EG6Z3 3931 FFCB 02/13/2017 25,000,000.00 24,843,275.00 24,996,045.14 1.200 1.234 174 02/13/2019
3133EG2D6 3932 FFCB 02/16/2017 8,000,000.00 7,913,616.00 8,001,715.01 1.550 1.530 400 09/27/2019
3133EDPK2 3937 FFCB 02/22/2017 5,000,000.00 4,971,900.00 5,015,001.34 1.750 1.352 280 05/30/2019
3133EHEZ2 3959 FFCB 07/25/2017 6,000,000.00 5,901,240.00 6,005,836.00 1.600 1.538 592 04/06/2020
3133EJCA5 3976 FFCB 03/23/2018 5,000,000.00 4,961,735.00 4,977,972.55 2.150 2.416 624 05/08/2020
3130AAREO 3918 FHLB 01/30/2017 7,000,000.00 6,978,965.00 6,999,806.44 1.150 1.165 68 10/30/2018
3130AA3R7 3933 FHLB 02/16/2017 7,000,000.00 6,895,826.00 6,986,234.98 1.375 1.539 449 11/15/2019
3130AOJR2 3934 FHLB 02/16/2017 5,000,000.00 4,990,450.00 5,049,865.29 2.375 1.590 477 12/13/2019
3130AAXU7 3939 FHLB 03/08/2017 20,000,000.00 19,715,640.00 19,998,889.62 1.650 1.654 544 02/18/2020
3130ABAA4 3945 FHLB 04/26/2017 15,000,000.00 14,727,330.00 14,993,656.13 1.400 1.429 544 02/18/2020
3130ABM29 3951 FHLB 06/29/2017 15,000,000.00 14,751,090.00 15,000,000.00 1.500 1.500 544 02/18/2020
313378J77 3958 FHLB 07/25/2017 8,000,000.00 7,910,008.00 8,042,153.59 1.875 1.528 568 03/13/2020
3130AC2Q6 3973 FHLB 01/25/2018 5,000,000.00 4,932,965.00 4,963,265.16 1.450 2.072 442 11/08/2019
3133782M2 3975 FHLB 03/23/2018 5,000,000.00 4,974,740.00 4,982,393.48 1.500 2.160 197 03/08/2019
3130ADN32 3979 FHLB 04/23/2018 10,000,000.00 9,938,920.00 9,946,434.07 2.125 2.500 537 02/11/2020
3130AEDY3 3984 FHLB 05/30/2018 4,000,000.00 3,993,796.00 3,999,354.07 2.375 2.387 477 12/13/2019
3130AECJ7 3985 FHLB 05/30/2018 5,000,000.00 5,001,535.00 5,011,364.55 2.625 2.492 644 05/28/2020
3134G7TZ4 3925 FHLMC 02/02/2017 8,000,000.00 7,987,296.00 8,000,682.59 1.300 1.175 26 09/18/2018
3137EADZ9 3935 FHLMC 02/22/2017 5,000,000.00 4,953,905.00 4,994,207.50 1.125 1.308 235 04/15/2019
3134GA61-12 3938 FHLMC 02/28/2017 5,000,000.00 4,970,725.00 5,000,000.00 1.375 1.375 189 02/28/2019
3137EADR7 3960 FHLMC 07/25/2017 5,000,000.00 4,897,095.00 4,986,295.58 1.375 1.541 617 05/01/2020
3136G3XJ9 3903 FNMA 07/26/2016 5,000,000.00 4,924,820.00 5,000,000.00 1.000 1.000 337 07/26/2019
3135GOJ53 3904 FNMA 07/07/2016 10,000,000.00 9,917,000.00 10,012,360.70 1.000 0.754 187 02/26/2019
3136FTS67 3909 FNMA 08/30/2016 3,000,000.00 2,987,991.00 3,010,652.31 1.700 0.995 188 02/27/2019
3135GOJ53 3910 FNMA 08/30/2016 10,000,000.00 9,917,000.00 10,001,245.87 1.000 0.975 187 02/26/2019
3135GOYM9 3926 FNMA 02/02/2017 2,000,000.00 1,999,618.00 2,000,994.03 1.875 1.150 26 09/18/2018
3135GON33 3930 FNMA 02/08/2017 10,000,000.00 9,833,790.00 9,956,240.94 0.875 1.349 344 08/02/2019
3136G4MA8 3936 FNMA 02/28/2017 5,000,000.00 4,932,355.00 5,000,000.00 1.700 1.700 554 02/28/2020
3135GOT29 3942 FNMA 03/29/2017 5,000,000.00 4,915,500.00 4,993,064.11 1.500 1.594 554 02/28/2020
Portfolio CITY
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City of Denton
Portfolio Management Page 2
Portfolio Details - Investments
August 22, 2018
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Federal Agency Issues-Coupon
3135GOP49 3950 FNMA 06/14/2017 5,000,000.00 4,918,225.00 4,978,394.21 1.000 1.434 370 08/28/2019
3135GOR39 3971 FNMA 01/08/2018 10,000,000.00 9,809,630.00 9,886,473.37 1.000 1.993 427 10/24/2019
Subtotal and Average 261,695,158.22 251,000,000.00 248,347,609.00 250,790,792.43 1.505 374
Federal Agency Issues-Callable
3133EGEF8 3895 FFCB 06/22/2016 5,000,000.00 4,945,195.00 4,999,729.23 1.180 1.187 294 06/13/2019
3134GBVD1 3953 FHLMC 06/29/2017 6,000,000.00 5,886,138.00 6,000,000.00 1.625 1.625 676 06/29/2020
3134GBD82 3965 FHLMC 08/29/2017 4,950,000.00 4,832,388.00 4,950,000.00 1.625 1.625 736 08/28/2020
3136G4NZ2 3964 FNMA 08/29/2017 4,806,000.00 4,721,126.04 4,806,000.00 1.700 1.682 718 08/10/2020
Subtotal and Average 20,755,730.95 20,756,000.00 20,384,847.04 20,755,729.23 1.533 608
Municipal Bonds-Coupon
23542JBE4 3899 DALLAS,TX WTR&SWR REV BIDS 07/07/2016 4,000,000.00 3,934,760.00 4,000,000.00 1.217 1.217 404 10/01/2019
23542JBD6 3900 DALLAS,TX WTR&SWR REV BIDS 07/07/2016 6,000,000.00 5,982,180.00 6,000,000.00 0.985 0.985 39 10/01/2018
88213AFU4 3902 TX &M UNIV REV BD 07/20/2016 1,000,000.00 987,710.00 1,000,000.00 1.009 1.009 265 05/15/2019
Subtotal and Average 11,000,000.00 11,000,000.00 10,904,650.00 11,000,000.00 1.072 192
CDs-CDARS
SYS3929 3929 CD-CDARS 02/09/2017 7,000,000.00 7,000,000.00 7,000,000.00 1.677 1.677 168 02/07/2019
SYS3940 3940 CD-CDARS 03/16/2017 10,000,000.00 10,000,000.00 10,000,000.00 1.626 1.626 203 03/14/2019
SYS3955 3955 CD-CDARS 07/20/2017 10,000,000.00 10,000,000.00 10,000,000.00 1.698 1.698 329 07/18/2019
SYS3961 3961 CD-CDARS 08/10/2017 10,000,000.00 10,000,000.00 10,000,000.00 1.698 1.698 350 08/08/2019
SYS3966 3966 CD-CDARS 09/14/2017 5,000,000.00 5,000,000.00 5,000,000.00 1.523 1.523 385 09/12/2019
Subtotal and Average 42,000,000.00 42,000,000.00 42,000,000.00 42,000,000.00 1.657 284
CDs-SLOC
SYS3944 3944 CD-INDEPENDENT BANK 04/13/2017 10,000,000.00 10,000,000.00 10,000,000.00 1.623 1.623 231 04/11/2019
SYS3974 3974 CD-INDEPENDENT BANK 02/08/2018 5,000,000.00 5,000,000.00 5,000,000.00 2.295 2.295 532 02/06/2020
SYS3946 3946 CD-LEGACYTEXAS BANK 05/11/2017 10,000,000.00 10,000,000.00 10,000,000.00 1.677 1.677 259 05/09/2019
SYS3949 3949 CD-LEGACYTEXAS BANK 06/15/2017 15,000,000.00 15,000,000.00 15,000,000.00 1.676 1.676 294 06/13/2019
Subtotal and Average 43,636,363.64 40,000,000.00 40,000,000.00 40,000,000.00 1.740 299
Commercial Paper Disc.-Amortizing
46640QLK5 3977 JP MORGAN SECURITIES LLC 04/23/2018 5,000,000.00 4,952,055.00 4,969,811.11 2.470 2.579 88 11/19/2018
46640QPN5 3983 JP MORGAN SECURITIES LLC 05/30/2018 6,000,000.00 5,898,690.00 5,924,360.00 2.480 2.597 183 02/22/2019
63873KMBO 3982 NATIXIS NY BRANCH 05/30/2018 5,000,000.00 4,944,200.00 4,962,875.00 2.430 2.549 110 12/11/2018
Subtotal and Average 15,845,560.28 16,000,000.00 15,794,945.00 15,857,046.11 2.576 130
Portfolio CITY
AP
Run Date:08/22/2018-13:27 48 PM(PRF_PM2)7.3.0
City of Denton
Portfolio Management Page 3
Portfolio Details - Investments
August 22, 2018
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Local Govt Investment Pools
SYS3641 3641 LOCAL GOVT INV POOL-TEXSTAR 66,174,171.85 66,174,171.85 66,174,171.85 1.776 1.776 1
Subtotal and Average 66,174,171.85 66,174,171.85 66,174,171.85 66,174,171.85 1.776 1
Insured Cash Sweep Savings Deposits
SYS3962 3962 INSURED CASH SWEEP SAVINGS 25,000,000.00 25,000,000.00 25,000,000.00 1.950 1.950 1
Subtotal and Average 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 1.950 1
Demand Deposits
SYS3706 3706 DEMAND DEPOSITS- WELLS FARGO 2,972,258.57 2,972,258.57 2,972,258.57 0.800 0.800 1
Subtotal and Average 2,972,258.57 2,972,258.57 2,972,258.57 2,972,258.57 0.800 1
Total and Average 516,006,679.41 501,902,430.42 498,406,060.46 501,481,685.24 1.619 276
Portfolio CITY
AP
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City of Denton
Portfolio Management Page
Portfolio Details - Cash
August 22, 2018
Average Purchase Stated YTM Days to
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity
Average Balance 0.00 0
Total Cash and Investments 516,006,679.41 501,902,430.42 498,406,060.46 501,481,685.24 1.619 276
Portfolio CITY
AP
Run Date:08/22/2018-13:27 50 PM(PRF_PM2)7.3.0
•
Y� 0
'r
djo
Section 5
City of Denton
Quarterly Financial Report
June 2018
PERFORMANCE REPORT
52
STRATEGIC PLAN 2017-18
The City of Denton uses a Strategic Plan as a roadmap to achieve long-term goals and objectives that
capture the City's Vision, Mission, and Value statements. The first Strategic Plan was formally
approved by the City Council in April 2011, and it has been updated periodically since that time.Over
the past year, the City has partnered with the Bloomberg What Works Cities initiative to refine our
strategic outcomes and identify measurable ways to mark our progress. The City Council approved
the FY 2017-18 Strategic Plan and associated performance measures on September 19, 2017.
The Strategic Plan serves as the basis for resource allocation decisions that are used in the
development of the FY 2017-18 Budget. The Strategic Plan is organized into five Key Focus Areas
(KFAs) and major goals associated with each KFA are also identified below.
Goal 1.1 Manage financial resources in a responsible manner.
Goal 1.2 Develop a high-performance work force.
Goal 1.3 Promote effective internal and external communication.
Goal 1.4 Achieve high level of customer satisfaction.
Goal 1.5 Utilize technology to enhance efficiency and productivity.
Goal 1.6 Collaborate with local,regional,state,and federal partners.
Key Focus Area 2:Public Infrastructure
Goal 2.1 Optimize resources to improve quality of City roadways.
Goal 2.2 Seek solutions to mobility demands and enhance connectivity.
Goal 2.3 Promote superior utility services and facilities.
Goal 2.4 Manage drainage infrastructure.
Goal 2.5 Develop Capital Improvement Program(CIP)based on community needs.
1
Goal Developtargeted policies and incentives to achieve desired economic growth.
Goa]
Make Denton a destination for visitors.
Goa13.3 Promote a business-friendly environment.
Goal 3.4 Encourage development,redevelopment,recruitment,and retention.
Goal 4.1 Enhance public safety in the community.
Goal 4.2 Seek clean and healthy neighborhoods in Denton.
Goal 4.3 Provide quality,diverse,and accessible neighborhood services for the community.
Goal 4.4 Provide and support outstanding leisure,cultural,and educational opportunities.
Goal 4.5 Provide support to citizens in need through social service agencies and programs.
Goal 5.1 Manage Denton's water resources.
Goal 5.2 Improve air quality and greenhouse gas management.
Goal 5.3 Improve energy efficiency and conservation.
Goal 5.4 Manage land use and preserve open/natural s aces.
Goal 5.5 Provide alternative modes of transportation.
Goal 5.6 Promote sustainable materials resource management.
Goal 5.7 Encourage local food production.
53
STRATEGIC PLAN 2017-18
The matrix below organizes the Key Focus Areas (KFAs) by select service areas in the organization.
While every department has some level of responsibility for each KFA,the matrix is intended to only
highlight the primary departments responsible for each KFA.
UTILITIES
Electric ✓
Water ✓ ✓ ✓ ✓
Wastewater ✓ ✓
Solid Waste ✓
INTERNAL SERVICES
Technology Services ✓
Materials Management ✓
Fleet ✓ ✓
Risk ✓
111 '
Building Inspection ✓ ✓ ✓
Community Improvement Services ✓
Libraries ✓
Parks and Recreation ✓
Plannin ✓ ✓ ✓
Gas Well Operations ✓
CommunitV Development ✓
PUBLIC SAFETY
Animal Services ✓
Fire ✓
Police ✓
Municipal Court ✓
TRANSPORTATION
Airport ✓
Streets ✓
Traffic Trans 9
ortation ✓ ✓
City Manager's Office ✓
Economic Development ✓
Facilities Management ✓
Finance ✓ ✓
Human Resources ✓
Internal Audit ✓
Legal ✓
Public Communications ✓
OrganizationalKey Focus Area 1:
Key Focus Area 2:Public Infrastructure
l'y Focus Area 3: Economic Development
ey Focus Area 4:Safe,Liveable and Family-Friendly Community
,116LFocus Area 5:Sustainable&Environmental Stewardship
54
STRATEGIC PLAN
PERFORMANCE REPORT 2017 - 18
City of Denton, Texas
A visual representation of performance measures can be found on the City of Denton website:
http://data.cityofdenton.com/showcase/strategic-measures
55
STRATEGIC PLAN PERFORMANCE DASHBOARD 2017-18
• 9 • • • o on
PERCENTAGE OF FIRST CONTACT RESOLUTION FOR CUSTOMERS 85% 93.8%
CUSTOMER SERVICE PERCENTAGE OF BILLING ACURACY 99% 99.1%
PERCENTAGE OF PAYMENTS PROCESSED VIA ONLINE SELF-SERVICE 55% 62.8%
PUBLIC PERCENTAGE OF CITIZENS RATING THE CITY WEBSITE AS A MAJOR SOURCE OF
COMMUNICATIONS INFORMATION 65% 60%
•• • NUMBER OF FOLLOWERS ACROSS ALL CITY SOCIAL MEDIA SITES 165,000 202,485
PERCENTAGE OF ACTUAL GENERAL FUND REVENUE COMPARED TO BUDGETED REVENUE 100% 101.1%
PERCENTAGE OF ACTUAL GENERAL FUND EXPENDITURES AS COMPARED TO BUDGETED
FINANCE EXPENDITURES <100%4 96.0%
ANNUAL RATE OF INVESTMENT RETURN 1.25% 1.58%
ENGINEERING PERCENTAGE OF BOND FUNDED PROJECTS COMPLETED 85% 78%
LANE MILES OF ASPHALT ROADWAY RECONSTRUCTED 12 9.81
LANE MILES OF ASPHALT ROADWAY OVERLAID 15 10.23
INFRASTRUCTURE STREETS LANE MILES OF ASPHALT ROADWAY MICRO-SEALED 45 0
MILES OF SIDEWALK RECONSTRUCTED 2 3.07
AIRPORT NUMBER OF ACRES OF AIRPORT LAND NEWLY LEASED 7 0
NUMBER OF RFP'S RETURUNED IN TARGET INDUSTRY SECTORS 20 14
NUMBER OF WORKFORCE DEVELOPMENT ACTIVITIES OR GRANTS FACILITATED 12 33
ECONOMIC ECONOMIC NUMBER OF DOWNTOWN PROPERTIES REDEVELOPED 6 8
DEVELOPMENT DEVELOPMENT NUMBER OF BUSINESS RETENTION VISITS IN THE DOWNTOWN AREA 24 � 13
NUMBER OF BUSINESS RETENTION VISITS IN AREAS OTHER THAN DOWNTOWN 48 22
POLICE PERCENT OF RESOLVED NEIGHBORHOOD COMPLAINTS 75% 100%
PERCENT OF ACTIVE STRUCTURE FIRES RESPONDED TO IN FIVE MINUTES OR LESS(NFPA
1710 STANDARD IS 90 PERCENT OR LESS THAN FOUR MINUTES) 90"% 44.8"%
KFA 4:SAFE.LIVEABLE FIRE AVERAGE UNIT TURN-OUT TIME(TIME FROM WHEN A 911 DISPATCH IS RECEIVED TO
WHEN UNITS ARE EN ROUTE) 1.20 1.16
COMMUNITYPARKS NUMBER OF SPECIAL EVENTS HOSTED BY THE PARKS&RECREATION DEPARTMENT 8 10
NUMBER OF INDIVIDUALS REACHED BY THE DENTON PUBLIC LIBRARY"DPL2GO"OUTREACH
LIBRARY SERVICE 5,000 15,961
NUMBER OF"DPL2GO"OUTREACH EVENTS 60 130
SOLID WASTE POUNDS OF WASTE DISPOSED PER CAPITA 1,900 1,317
MILES OF ON-STREET BIKE INFRASTRUCTURE,SUCH AS BIKE LANES AND SHARROWS,ADDED
ENGINEERING DURING FISCAL YEAR2017-18 7 5.8
AND ••NMENTAL NUMBER OF TRANSPORTATION SAFETY EDUCATIONAL OPPORTUNITIES AND EVENTS 11 6
STEWARDSHIP ENVIRONMENTAL NUMBER OF SUSTAINABILITY RELATED WORKSHOPS HOSTED BY THE CITY 35 49
SERVICES PERCENT OF GREENSENSE REBATE FUNDING EXPENDED 100% 44%
56
STRATEGIC PLAN
WORK PLAN REPORT 2017 - 18
City of Denton, Texas
STRATEGIC PLAN - WORK PLAN DASHBOARD 2017-18
Implement online payment and citizen service request systems Dec 2017 The application launched June 18,2018 with a planned 90-day
soft launch.
The City has continued production of the bimonthly Resident
Launch a bi-monthly newsletter for citizens and stakeholders Dec 2017 Update.Past issues can be found at
https://www.cityofdenton.com/en-us/stay-updated under
Important Documents.
Expand open data initiatives and improve citizen access to information Sep 2018 There are currently 149 total datasets available at
http://data.cityofdenton.com.
•' • • CityManager Office Developing an alternative strategy to identify performance
g Hold regular performance management meetings with departments and Sep 2018 measures that will provide greater clarity into the City's various
executive team
operations and be a more effective tool for management staff.
A dashboard of the City's performance related to strategic plan
Offer key indicators of the City's performance through an online Dec 2017 measures is located at
dashboard http://data.cityofdenton.com/base/strategic-performance-
measures
A contract management software vendor has been selected and
Evaluate purchasing and contract management policies and procedures Jun 2018
the software is currently being tested.
Complete 80%of construction on the new West Parallel Runway Sep 2018 Environmental Assessment approved.TxDOT bidding
construction phase.
Complete the Airport Business Plan Update Sep 2018 Airport Rates and Fees Schedule approved.Remaining
documents to begin in Q4.
UPRR is still working on developing Plans,Specifications,and
Engage a consultant to assist with review of railroad crossings in the city,
Estimates(design phase)for the Quite Zone(QZ)improvements
• Traffic as well as possible Quite Zones Sep 2018 at four crossings in the Downtown Area.Staff is currently
working on engaging the services of a consultant to begin the
QZ process on the northern segment.
Complete 85%of scheduled street improvement projects for Fiscal Year Sep 2018 Completed*78%of planned projects have been completed.
2017-18 Cumulative Total.
Capital Projects During the third quarter the Street Department completed 19
Complete the 2012 and 2014 bond programs for street improvements Sep 2018 bond segments.The total for this fiscal year is 36 bond
segments and 16 non-bond funded segments.
Actively recruit prospects from target industries,as identified by the Economic Development returned 2 request for proposal
Econ Development Economic Development Partnership Board Sep 2018 responses in Q3,which brings the total to 13,or 65%of the
FY17-18 target.
•' Development Implement recommendations to improve the development review and The Department continues to improve the development review
Services building inspections processes Dec 2017 process. Staff has begun reviewing applications and checklists
and have made revisions to improve clarity and consistency.
58
STRATEGIC PLAN - WORK PLAN DASHBOARD 2017-18
During the third Quarter Development Services continues to
solicit input on the Denton Development Code Update Public
Draft and Draft Zoning Map by attending and having a table at
scheduled events,such as the Community Market and
Complete the Denton Code 2030 Update June 2018 presenting at special group meetings,such as the AIA Dallas
• • Development Codes&Standards Committee and Kiwanis meetings. Staff also
•• Services continues to meet and present to the Development Code
Review Committee(DCRC),seeking input and their direction on
policy related matters.
Complete updates to building standards and design policies under the June 2018 Receiving public comments and still on schedule for September
01 City's Site Design Criteria Manual and related documents adoption
The remodel is pending a proposal from Brinkley Sargent
Wigintion Architects. They will perform a 5-10 year concept to
Complete remodel of the Public Safety Communications Center Sep 2018 improve the Police portion of City Hall East and outline
recommendations regarding the best utilitzation of the space.
The scope of the project includes the Police operations and
Public Safety Public Safety Communications Center(excluding the jail).
Purchase and implement a new Computer Aided Dispatch(CAD)system Police,Fire and Technology Services are currently meeting to
to upgrade technology and improve public safety response,data and June 2018 score the proposals. Vendor demos are scheduled for
records September.
7
Station Alerting is a multi-year strategy with US Digital Designs.
Implement an Automatic Fire Station Alerting System Sep 2018 Equipment has been installed at Stations:1,4,5,6,and 8.Funding
for Station 7 will be a supplemental funding request for the FY
18-19 Budget.
AND FAMILY-FRIENDLY Add on Fire Medic unit in the Northeast Denton area June 2018 The Medic unit at Station 4 is in service.
COMMUNITY
The construction was completed in June 2018.The station
March 2018 dedication was held June 22,2018 with great community
Complete construction of Fire Station#4 turnout.
Use GIS mapping to determine population distribution in relation to City
Sep 2018 Staff is working with GIS to provide maps.
recreational amenities
Par k5 Purchase was approved by Council on 7/17/18.Estimated
Implement recommendations from Denton Parks playground Sep 2018 completion of Milam,Denia and Fred Moore playgrounds is
replacement plan October 2018.
59
STRATEGIC PLAN - WORK PLAN DASHBOARD 2017-18
FOCUSKEY • TARGET QTR
DATE
In partnership with the Denton County Homeless Leadership
Team(HLT),the Mayor,Council Member K.Briggs,and CD staff
Community Continue partnership with the Denton County Homeless Leadership contributed a total of 17 hours at HLT meetings and planning
team to collect and analyze data on housing and service needs Sep 2018 sessions.City Staff contributed a minimum of 91 additional
Development y g hours to support the HLT through the HILT Ad-Hoc,Housing,and
Data Workgroups in meetings and in activities to collect and
analyze data on housing and service needs.
i
During the third Quarter the Development Services continues to
Sep 2018 receive feedback on the Denton Development Code Update
• Develop a comprehensive public education program to educate Public Draft and Draft Zoning Map. The Department continues
� Development to develop a comprehensive public education program.
AND
FAMILY-FRIENDLY residents on code requirements
Services
COMMUNITYDuring the third Quarter the Department continues to attend
Engage homeowner's associations and neighborhod groups to improve special events and neighborhood meetings,receiving feedback
neighborhoods through code compliance Sep 2018 on the DDC Update and Draft Zoning Map and promoting the
Neighborhood grants.
At the end of the third quarter,the Denton Energy Center(DEC)
construction was substantially complete,performance testing
of all engines and control systems was winding down. Plant
TCEQ emission testing was performed and has since been
confirmed that all emission quantity values came in much lower
(better)than the plant's approved TCEQ permitted levels.
Electric Complete construction of the Denton Engergy Center Sep 2018 Approximately 89%of originally budgeted project funds have
been expended.Commercial Plant Operation is still on target
for July 2018 pending ERCOT approval. All of the plant systems
are fully commissioned,and the plant has successfully been
delivering electricity into the interconnected State of Texas
ERCOT Electrical Transmission Grid during peak times as part of
the commissioning process.
The landfill cell construction was completed in Q2,and waste
' Solid Was Complete construction of Cell 3 to expand capacity at the landfill Sep 2018 disposal activities have commenced in the new cell.The project
AND EVIRONMENTALis complete.
STEWARDSHIP
Environmental Draft goals and KPIs presented to Committee on the
Engage the community and update the City's 2012 Sustainability Plan March 2018 Environment.Plan is being update and future community
Services
meeting is planned for next quarter.
60
STRATEGIC PLAN - WORK PLAN DASHBOARD 2017-18
FOCUSKEY • TARGET QTR
DATE
DME's progress towards contracting 100%renewable energy by
2020 has continued through Q3 with the approval and
execution of an additional renewable resource contract and
participation in solicitations for further renewable supply offers.
Review the City's renewable energy portfolio and present options to DME anticipates that more supply contracts will be ready for
increase renewable energy Dec 2017 approval by City Council and executed over the next several
months,to ensure that the 2020 objective will be reached.DME
continues to assess the market place and technologies for
opportunities to secure renewable resources at price levels and
with terms that will be incrementally valuable to the rate payers
and citizens of Denton.
61
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9111 Firefighter'si Bell Tower
Date: August 31,2018 Report No. 2018-112
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
A request was made by Council Member Armintor regarding the potential establishment of a
Citizens' Disabilities Committee.
BACKGROUND:
In the summer of 2007, John Bramblitt, a local advocate for people with disabilities, connected
with individuals employed at the University of North Texas (UNT), Texas Woman's University
(TWU), Denton County, the City of Denton, and several non-profit agencies who were engaged
with the issue of people with disabilities. After several organizational meetings, the group
advocated then Denton Mayor, Perry McNeill, about creating a committee for persons with
disabilities.
The City Council endorsed the Mayor's Committee on People with Disabilities through the
passage of Resolution No. 2007-030. The Committee was an affiliate of the Texas Governor's
Committee on People with Disabilities. The Committee was comprised of interested resients,
members were not appointed by the Mayor or the City Council.Barbara Ross and Gordon Meredith
with the Community Development Division were assigned as the staff liaisons to the Committee.
The Committee's main principals were comprised of 8-10 individuals that met on a regular basis.
The group grew to about 40+ people and the need for more organization became evident. As a
result, the Committee adopted bylaws which comprised of seven objectives:
• Promote better public and employer understanding concerning needs and contributions of
persons with disabilities
• Promote increased employment of workers with disabilities on a year-round basis
• Encourage retention and advancement of those workers presently employed
• Develop better understanding by persons with disabilities of services available to them
• Encourage persons with disabilities to use these services
• Remove all architectural barriers
• Promote participation in community life by persons with disabilities
The Committee was very active and sponsored White Cane Day which is an annual event that
educates the public about contributions made by the blind and visually impaired. The Committee
also worked closely with DCTA personnel to discuss public transportation issues affecting
disabled individuals. The Committee last met in October 2014, and no further meetings have been
scheduled for nearly four years by the Chair or other Committee members.
DISCUSSION:
There are a number of current City projects that could be of interest for those advocating for
disabled individuals. These projects include:
• Construction of new sidewalks and ramps—Engineering/Capital Projects
• Replacing and repairing of existing sidewalks and ramps—Engineering/Capital Projects
• The creation of an ADA Transition Plan—Engineering/Capital Projects
Date: August 31,2018 Report No. 2018-112
• The planning and development of an adaptive/handicap accessible park—Parks
Based on the number of projects and activities initiated and being planned, Staff is seeking
direction from City Council as what group should be involved in evaluating the above listed
projects. The following options are requested that the City Council consider:
1. Utilize existing City Council appointed Boards and Commissions (i.e. Parks Board and
Mobility Committee)
2. Re-constitute the Mayor's Committee on People with Disabilities
3. Establish a new City Council appointed Committee on People with Disabilities
4. Consider an alternative option
ATTACHMENT(S):
1. Resolution No. 2007-030
STAFF CONTACTS:
Barbara Ross, Community Development Division Manager
Mario Canizares, ACM
sAour documents\resolutions\07\committee for people with disabilities.doc
RESOLUTION NO. Q
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS,
AUTHORIZING THE MAYOR, AS REPRESENTATIVE OF THE CITY, TO ISSUE A
LETTER DESIGNATING THE DENTON COMMITTEE ON PEOPLE WITH
DISABILITIES FOR THE PURPOSES OF PROMOTING AID TO DISABLED PERSONS
IN THE CITY OF DENTON; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, Denton's Committee of People with Disabilities ("Committee") has
been established to promote aid to disabled persons, which includes the promotion of better
public and employer understanding concerning needs and contributions of persons with
disabilities, increased employment, retention and advancement of disabled workers,
encouragement for use of available services for disabled persons, encouragement of the
removal of architectural barriers, and promotion of participation in community life by
persons with disabilities; and
WHEREAS, the City Council of the City of Denton finds that it is in the public
interest to designate the Committee for the purpose of promoting disabled persons in the City
of Denton; NOW,THEREFORE,
THE COUNCIL OF THE CITY OF DENTON,TEXAS HEREBY RESOLVES:
SECTION 1. The Mayor of the City of Denton, Texas, is authorized to designate
the Committee for the purpose of promoting disabled persons in the City of Denton. The
City Manager is authorized to provide a City staff person or persons to attend Committee
meetings and to assist in Committee activities.
SECTION 2. This resolution shall become effective immediately upon its passage
and approval.
PASSED AND APPROVED this the day of , 2007.
P1 RR cNEILL,MAYOR
ATTEST:
JENNIFER WALTERS, TY SECRETARY
BY: J n 14—'2
APP EJDA LE A FORM:
EDWIN M. S ER, IT ATTORNEY
BY:
Date: August 31, 2018 Report No. 201 8-113
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Council Member Briggs made a request during the August 24 Council Meeting for information
on the use of rubble and milling material at the landfill.
EXECUTIVE SUMMARY:
The Capital Projects Department uses the City's landfill to store excess materials created during
reconstruction and mill and overlay projects. Some of the milling byproduct can be reused for
other capital projects. The current milling pile at the landfill consists of 10% or less material that
is usable for new roads.
BACKGROUND:
The age of Denton's street network can create issues when attempting to reuse milling materials
on new street projects. Older roads have a thinner asphalt layer (2-3 inches). When the Capital
Projects Department reconstructs older roadways, they typically mill off 7 or more inches, which
is the most cost-effective way to remove material at one time. This process causes subgrade
product to be mixed in with the asphalt millings. This material then needs to be sorted before it
can be reused in new asphalt. The sorting process requires a lot of space to be conducted
property. The landfill does not currently have the space needed to conduct the sorting process.
The Streets and Drainage divisions are actively working with the Real Estate division to locate
other city-owned properties for storage/sorting areas. Once a site has been identified, materials
will be sorted as they are unloaded from the truck.
Capital Projects has coordinated with other departments to use milling materials for other City
projects. Some of the uses include: temporary backfill during construction projects, ditch line fill,
dust control for rural roads, and temporary roads/parking lots. Through these alternate uses,
Capital Projects has significantly reduce the amount of milling material it hauls to the landfill.
CONCLUSION:
As the City continues enhance the quality of its roadway infrastructure, the sorting issue
associated with current milling material will greatly diminish. The City of Denton's new
roadway standards have thicker pavement (6"-9"), which allows the Capital Projects Department
to only pull asphalt when milling a street. The new roadway standards reduce the amount of
sorting and sorting space needed. As the condition of Denton's roadway network improves, staff
will continue to identify alternate uses to reduce the current milling pile at the landfill.
Date: August 31, 2018 Report No. 201 8-113
STAFF CONTACT:
Daniel Kremer
Deputy Director of Operations
Capital Projects Department
(940) 349-7193
Daniel.Kremergcityofdenton.com
Date: August 31,2018 Report No. 201 8-114
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Neighborhood Traffic Management Measures—Traffic Calming
BACKGROUND:
Traffic calming measures are mainly used to address speeding and high cut-through traffic
volumes on neighborhood streets. These issues can create an atmosphere that can be considered
threatening to non-motorists. High cut-through volumes become an increased concern when
larger commercial vehicles are involved. Along with the additional amount of traffic generated
within the neighborhood, cut-through motorists are often perceived as driving faster than local
motorists. By addressing high speeds and cut-through volumes, traffic calming can increase both
the real and perceived safety of pedestrians and bicyclists, and improve the quality of life within
a neighborhood. Because traffic calming measures have the potential to create controversy, their
installation often occurs as the final step of a three-step process referred to as the "three E's"
(education, enforcement, and engineering).
Education:
Communities with educational programs seek to remind speeding drivers of the negative effects
of their actions, often by stressing that the community's children are the most at risk. Educational
campaigns may use brochures or neighborhood newsletters to spread this message. Newsletters
may also contain information on speeding fines (particularly in school zones),pedestrian and
bicycle safety tips, and information on average speeds in a neighborhood.
Enforcement:
Enforcement involves a more intensive police presence and a greater allocation of time to
enforcing the speed limit in a particular neighborhood. Unfortunately, it is often not practicable
to maintain a police presence at the level needed to permanently lower speeds. However,
consistent visible enforcement does lead to respect of the speed limit by motorists.
Engineering:
Engineering includes,but is not limited to, traffic calming measures. It can also include the use
of signs and pavement markings to obtain the desired effect. Prior to installing traffic calming
measures on local or collector streets,traffic conditions on adjacent arterial streets should be
investigated to determine if operational deficiencies are contributing to the identified traffic
concerns. In addition, when the use of traffic calming measures may divert large volumes of
traffic from local streets, the effects on adjacent roadways should be addressed.
Date: August 31,2018 Report No. 201 8-114
Below are the steps the City currently follows when a traffic calming request is made by a
resident:
• Assessment of the resident request
• Collect and compile supporting data
o Identification of project area
o Review of street classification and land use
o Determination of eligibility
■ Average Daily Traffic (ADT)— 1000 ADT or 100 peak hour vehicles
■ Speeding survey— 85th percentile speed more than 5 mph above the speed
limit
■ Cut-through—40%more for peak hour or minimum 100 cut-through trips
• Traffic Calming Plan Development
• Neighborhood Meeting—Approval of traffic calming concept
• Funding the Project
• Engineering Design
• Construction
• Evaluation of Effectiveness
Based on the above process, if a project is not eligible for traffic calming (e.g. 851h percentile
speed on a particular street is less than the posted speed limit), then the remaining steps are not
carried out and the citizen is notified.
Selecting Potential Traffic Calming Measures:
The selection of traffic calming measures is based on:
1. The potential of a particular measure to address the issue.
2. The type of roadway.
3. Actual site conditions.
Specific measures have been grouped into four categories based on the means by which they
reduce volumes or speeds. The following is a description of the categories:
Horizontal Deflection—refers to two types of traffic calming measures. The first type hinders
the driver's ability to drive in a straight line by creating a horizontal shift in the roadway. This
shift forces drivers to slow their vehicles in order to safely navigate. The second type of
horizontal deflection measure is designed to narrow the width of the travel lane. Doing so
reduces the usable surface of the roadway causing drivers to slow their vehicles to maintain an
acceptable level of comfort. Although horizontal deflection measures are mainly used to address
speed concerns, applications that narrow the travel lane can improve pedestrian safety by
reducing the width of the crossing. Horizontal deflection measures may also have the secondary
effect of reducing volumes; however, the effects will typically be minor.
Vertical Deflection—refers to traffic calming measures that create a change in the height of the
roadway. When designed properly, vehicles must slow down over these measures in order to
Date: August 31,2018 Report No. 201 8-114
maintain the safety of the vehicle and avoid unpleasant bumping sensations. As with horizontal
deflection measures, vertical deflection measures are mainly used to reduce vehicle speeds, with
minimal impact to traffic volume. Vertical deflection measures can also be used to improve the
safety of pedestrian crossings.
Physical Obstruction—refers to measures that prevent particular vehicle movements, thereby
discouraging or eliminating cut-through traffic. The overall traffic volume reduction depends
upon the nature of the traffic calming measure and the number of movements obstructed.
Signs and Pavement Markings—can be used as traffic calming measures that regulate traffic
movements in lieu of physical changes to the roadway. In certain applications, these measures
may produce the same effect as the physical traffic calming measures.
Aside from their primary function of reducing speeds or volumes, the large majority of measures
also have the ability to reduce issues between motorists and pedestrians,bicyclists, and other
vehicles. In addition, well designed and landscaped traffic calming measures can enhance a
neighborhood's appearance and quality of life for residents.
Common Varieties of Traffic Calming Measures
Below is a list of commonly used traffic calming measures:
Curb extension/bulb-out Areas of expanded curbing that extend across a parking lane and may narrow
a travel lane.
Chicane Series of 3 bulb-outs, staggered at mid-block locations on alternating sides o
the street.
Gateway Entrance treatment,typically using physical and textural changes,that
provides identity to an area.
On-street parking Provision of on-street parking that reduces roadway width.
Raised median island Narrow islands, at mid-block or intersections,between travel lanes with
breaks in landscaping and curbing for pedestrians.
Traffic circle Raised island in the center of an intersection that requires vehicles to travel
counterclockwise around the circle.
Vertical Deflection
Speed hump Raised humps in the roadway, typically 3 inches high with a 12 or 22-foot
travel len h.
Speed Cushion Series of three to four cushions spaced across the roadway width that
permits wide axle emergency vehicles to pass without slowing down.
Raised crosswalk Marked pedestrian crossings elevated 3 to 6 inches above street grade at
intersections or mid-block.
Raised intersection Intersections, including crosswalks,raised 3 to 6 inches above street grade.
Physical Obstruction
Semi-diverter Directional closure created by physicallyblocking half the street.
Diagonal diverter Physical barrier placed diagonally across a four-way intersection to create
two unconnected intersections.
Date: August 31,2018 Report No. 201 8-114
Right-in/right-out island The use of raised islands to prevent left turns and through movements,
to and from side streets, at intersections with major streets.
Raised median through Median barrier through an intersection that discourages through traffic in a
intersection residential area by restricting movements.
Street closure The use of a cul-de-sac to close a roadway by extending a physical
barrier across the entire width, obstructing all traffic movements.
The table below depicts the effectiveness of each traffic calming measure in addressing volume
and speeding problems. The actual effectiveness of any traffic calming device is unique to the
application and the location.
Effect of Traffic Calming Measures:
Volume Spee Conflk merpeney
Reductlon Reduction Reduction I Response
Horizontal Deflection
Bulb-out Curb extension ❑ p p ❑
Chicane u u I I u
stews ❑ u ❑ ❑
On-street parking 17
Raised median island/ destrian refu ❑ y p p
ra 'ic c rc e
Vertical Deflection
Speed hump CA ■ ■
Stead Cushion _W ❑
Raised crosswalk p ■ O ■
Raised Intersection ❑ O O ■
Physical Obstruction
Semi Ivy ■ O O V
Diagonal diverter ■ O61O
Ri ht-in/right-out island Gill ❑ 123 O
Raised median through intersection ■ ❑ O ■
Street closure ■ O ■ ■
Signmg and Pavement Markings
weed 1wift-iigning ❑ GI ❑ ❑
Multi-way stop control 0 GI
Turn prohibitions ca ❑ p
Of10-Wa streets ■ ❑ W
Commercial vehicle prohibitions Gill ❑ ❑
12oadway narrowing with edge lines ❑ ❑ ❑
Transverse markings [] O ❑ O
Minimal or no effect
O Moderate effect
■ Significant effect
Date: August 31,2018 Report No. 201 8-114
CONCLUSION:
As the City of Denton continues to grow, neighborhood traffic issues are a major concern for
residents in several subdivisions throughout the community. As discussed in the report, staff
follows a process to assess the traffic related issues by using one of the various traffic calming
options after reviewing and tailoring it to specific neighborhood streets to address the most
common traffic concerns such as speeding and cut-through traffic.
Staff will begin work with the Public Affairs to develop a Traffic Calming Handbook(TCH)that
will provide additional details and design specifications for the commonly used traffic calming
measures. Once completed, the TCH will be presented to the Traffic Safety Committee and
subsequently to the City Council.
STAFF CONTACT:
Pritam Deshmukh, P.E.
City Traffic Engineer
(940) 349-7710
Pritam.Deshmukh(cr�,cityofdenton.com
Date: August 31, 2018 Report No. 201 8-115
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Water Works Park(WWP), Recreational Pass, and Gym membership information.
EXECUTIVE SUMMARY:
On August 28, 2018, the Parks and Recreation Department (PARD) presented a work session
regarding the general fund fee schedule. The City Council requested historical information on
yearly attendance, a breakdown of attendees by height, and the number of membership pass
holders at WWP. Additionally, information was requested on recreation pass holders and any
impact of privately owned/commercial gyms on the fitness programs at recreations centers.
BACKGROUND:
Over the last six years,the average annual attendance for WWP is 74,128. The year-to-year actuals
are as follows:
Fiscal FY 11-12 FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18
Year Projected
Total 70,718 70,520 69,794 83,382 72,985 77,371 72,000
Gate
Admission
In FY 14-15,the spike in attendance is attributed to the closure of state and local recreational lakes
in the area. Additionally, WWP experienced an increase of approximately 102 people per day in
FY 16-17 from July 8, 2017, through Labor Day immediately after the opening of the wave pool.
All categories of general attendance are listed as over 48 inches and under 48 inches due to the
pricing structure. This breakdown does not apply to memberships or pass holders, as those rates
are flat fees.The table below provides details on attendance for the current summer season through
August 29th:
Water Works Park Percentage
of
Admissions
Admission Type
Resident Over 48 inches 34.79%
Resident Under 48 inches 7.12%
Non-Resident Over 48 inches 8.92%
Non-Resident Under 48 inches 1.82%
Under 2 2.53%
Non Swimmers 1.44%
Rain Check 0.22%
Membership (Pass holders) 43.16%
Date: August 31, 2018 Report No. 2018-115
As presented on August 28, 2018, the number of seasonal passes has increased over prior years
and comprises a large percentage of attendance totals. Season passes are a flat fee per individual.
The individual price decreases as more passes are purchased.While the increase in seasonal passes
is a positive trend and drives up attendance, the pass as a source of revenue has a peak period
beginning just before park opening and into the first month. After that period, sales drop and the
revenue becomes flat. An additional promotion was recommended to market season passes as
holiday gifts and will be included in the updated fee schedule in the next fiscal year. Below is the
current season pass price structure and the number of WWP pass holders within each category:
WWP Seasonal Passes Preseason Discount Seasonal Pass Monthly Pass
Pass Units Purchase 1-3 / $65 ea. Purchase 1-3 / $75 ea. Purchase 1-3 /$30 ea.
Pass Units Purchase 4+/$55 ea. Purchase 4+/ $65 ea. Purchase 4+/ $25 ea.
Total WWP Pass Units 3,468 2,213
In regards to recreational center based fees,the only fees included in the general fund are revenues
associated with room rentals and the annual recreation pass. The annual recreation pass costs $10
per year and allows a resident to access the gymnasiums for open sports, game rooms, and public
computers. Individuals eight years and older are eligible for a pass with the completion of a waiver
from a parent or legal guardian. A four year history of recreation pass holders shows an average
of 615 passes holders are below the age of 18 and 1,964 are 18 and above.
FY 17/18 FY 16/17 FY 15/16 FY 14/15
Youth 8-17 years old 771 619 575 495
Adult 18+years old 2,523 1,792 1,617 1,922
Membership passes for each recreation center can be purchased at a one month, three month, or
yearly rate. The membership pass allows for unlimited full access to recreation center amenities
which include those covered by the recreation pass and the fitness / workout gym facilities.
Additionally, an All-Access gym membership offers all the benefits of the membership pass and
can be used at any of the recreation centers.
Over the years, several privately owned commercial gyms have opened in Denton. LA Fitness
opened in 2012,Planet Fitness in 2014, and Denton Fitness in 2016. TWU and UNT also built new
fitness centers between 2009 - 2011. Overall, PARD's recreation centers offer the lowest prices,
comparable fitness equipment,premier group fitness classes, and childcare (North Lakes)with no
contract or bank draft payments required. North Lakes has won Top 3 Health & Fitness Club in
the Denton Record Chronicle's Best of Denton of Contest four years in a row (2014-2017). A
revenue history of the last five years shows stable revenues across all recreation facilities.
Date: August 31, 2018 Report No. 201 8-115
Membership 10/1/17-8/29/18
All-ACCESS $3,670 $4,130 $28,385* $4,005 $4,347
Denia $18,810 $18,390 $13,459 $13,188 $16,959
MLK $9,844 $8,700 $7,541 $6,758 $7,145
North Lakes $97,501 $81,716 $69,475 $79,713 $78,028
NL Group Exercise $44,820 $36,900 $31,176 $40,376 $43,512
Senior $26,671 $23,745 $24,491 $23,003 $23,604
TOTALS $201,406 $173,581 $174,527 $167,043 $173,959
* The FY 15-16 increase in All-Access passes was due to a one-time promotion where only All-
Access passes were offered in lieu of the gym memberships.
The greatest challenge in remaining competitive in this field is facility space. Denia Recreation
Center and North Lake Recreation Center were both built in 1978. Martin Luther King, Jr.
Recreation Center was built in 1989.None of the centers have had any significant structural change
since being built. The current footprints lack the space for attendance growth, expanded program
offerings, and the addition of new equipment. The master plan update will provide PARD with a
comprehensive evaluation of need and direction for future planning related to the use and
programming of our recreation facilities.
STAFF CONTACT:
Laura Behrens
Assistant Director, Parks and Recreation
Council Requests for Information Revision Date
8/31/2018
Request Request Date Staff Responsible Status Requested B
TWU master plan and how trees are impacted; can TWU will give a brief presentation on their Master Plan
1 trees be saved and protected; next steps. 5/1/2018 McDonald during the September 18 work session. Briggs
Present information gas well setback requirements
including a history of setbacks in Denton and setback
2 requirements in other cities. 6/19/2018 Banks/Leal/McDonald Awork session is scheduled for September 11. Meltzer
ISR will be provided following a staff conversation with the
Information on implementing a similar program to City of Southlake. Will be considered with the list of future
3 Southlake's SPIN program in Denton. 6/26/2018 McDonald/Birdseye work session items on September 18. Armintor
TOMA training for the full City Council using an ISR is being prepared. Will be considered with the list of
4 outside facilitator. 6/26/2018 Leal future work session items on September 18. Armintor
Work session on permitting options to incentivize
affordable housing including a survey of practices
5 from other municipalities. 6/26/2018 Kuechler A work session is planned for September 25. Armintor
Information regarding the use of project names used in ISR is being prepared. Will be considered with the list of
6 conjunction with economic development projects. 6/26/2018 Booth future work session items on September 18. Armintor
Work session providing an overview of the City's
Smoking Ordinance and considerations made for civil ISR is being prepared. Will be considered with the list of
7 liberties. 6/26/2018 Rosendahl/Kuechler future work session items on September 18. Armintor
Develop a strategic plan for homeless shelters in The Denton County Homeless Leadership Team approved a
Denton (current environment, capacity, need, Shelter Planning Workgroup; the first meeting is scheduled
emergency circumstances,best practices, family for September. Staff will provide updates as the work
8 shelter options). 7/17/2018 Kuechler progresses. Armintor/Briggs/Meltzer
ISR is included in the August 31 Friday report. Will be
Information on the potential establishment of a citizen considered with the list of future work session items on
9 advisory committee on disabilities. 7/17/2018 Canizares/Wood September 18. Armintor
Revise the Council Rules of Procedure to amend the
tie-vote provision as it impacts the Planning&Zoning
10 Commission. 7/17/2018 Leal/Wood Awork session is scheduled for September 11. Watts/Hudspeth
Comprehensive review and possible revisions to the ISR is being prepared. Will be considered with the list of
11 Council Rules of Procedure. 7/17/2018 Leal future work session items on September 18. Watts
Overview of Keep Denton Beautiful funding and
information on how other cities fund their Keep
12 America Beautiful local affiliates. 7/17/2018 Canizares/Banks ISR will be included in the September 7 Friday report. Armintor
ISR is being prepared. Will be considered with the list of
13 Overview of the Homestead Exemption process. 7/17/2018 Puente/Langley future work session items on September 18. Armintor
ISR is included in the August 31 Friday report. Information
Information on potential use of rubble from Solid will be provided to the Committee on the Environment in
14 Waste for the street program. 7/24/2018 Estes September. Armintor
Council Requests for Information Revision Date
8/31/2018
Request Request Date Staff Responsible Status Requested B
Information on Code Enforcement including overview
of purpose, enforcement, and complaint response Will be considered with the list of future work session items
15 practices. 7/24/2018 Lahart/Wood on September 18. Armintor
Information on the Tree Code and development of a
cross-departmental strategy to address tree canopy
16 preservation. 7/24/2018 McDonald/Banks A work session is scheduled for September 18. Meltzer
Work Session on DCTA, including the City's role in
17 the current agreement and the services received. 7/24/2018 Canizares/Nelson This work session is on-hold until November. Watts
ISR on the number of consultants the City has hired
and the total amount spent on those contracts since
18 2017. 8/2/2018 Puente/Langley ISR will be provided in a future Friday report. Briggs
Update on marketing/advertising policy and naming ISR is being prepared. Will be considered with the list of
19 opportunities at City facilities. 8/2/2018 Langley/Packan future work session items on September 18. Hudspeth
Information on trespassing enforcement in public
20 parks. 8/7/2018 Packan/Smith ISR will be provided in a future Friday report. Armintor
Work Session on diversity in the Fire Department,
including barriers to employment for underrepresented
groups. Provide presentation that was given by the ISR is being prepared. Will be considered with the list of
21 Fire Department one year ago. 8/7/2018 Lahart/Hedges future work session items on September 18. Briggs/Armintor/Watts
Information on what would be required to sanction the
existing homeless encampments and provide necessary
essential services such as trash pick up and portable Will be considered with the list of future work session items
22 restrooms. 8/7/2018 Kuechler/Leal on September 18. Armintor
Have Modern Geoscience monitor and inspect the
23 DEC. 8/21/2018 Morrow Information will be provided in a future Friday report. Briggs
Information on the feasibility of dividing Greensense
24 rebates between residential and commercial customers. 8/21/2018 Morrow Information will be provided in a future Friday report. Briggs
ISR is included in the August 31 Friday report. Will be
considered with the list of future work session items on
25 Information on traffic calming options. 8/21/2018 Deshmukh September 18. Briggs
Information from Police on drug use trends across the
26 community. 8/21/2018 Smith/Mayo Information will be provided in a future Friday report. Briggs
Prepare a list of background friendly and rent
restricted housing options and make it available on the
27 Community Development webpage. 8/21/2018 Kuechler Information will be provided in a future Friday report. Briggs
Include carbon dioxide equivalent emissions with the Information will be provided in the September 7 Friday
28 next DEC emissions report. 8/21/2018 Morrow report. Briggs
Council Requests for Information Revision Date
8/31/2018
Request Request Date Staff Responsible Status Requested B
Work Session to discuss the development of a
statement on the Confederate Monument in the ISR is being prepared. Will be considered with the list of
29 Courthouse Square. 8/21/2018 Wood future work session items on September 18. Armintor
Reconsider Top 20 Taxpayer board member category Will be considered with the list of future work session items
30 for the Economic Development Partnership Board. 8/21/2018 Booth on September 18. Armintor
Referral to the Ethics Board to clarify that the board is Will be considered with the list of future work session items
31 not a court of law and reconsider time limits. 8/28/2018 Langley/Rosendahl/Lansford on September 18. Watts
ISR and Legal Status Report were distributed on August 24.
Work Session on funding to provide City sponsored Will be considered with the list of future work session items
32 legal services to immigrants and low-income residents 8/28/2018 Kuechler/Wood on September 18. Armintor
33 1 Staff Report on MHMR Funding. 8/28/2018 Kuechler/Wood ISR will be provided in a future Friday report. Armintor
Staff report on communication plan and public
34 accommodations for upcoming capital projects. 8/28/2018 Rogers/Estes ISR will be provided in a future Friday report. Meltzer
Sensitivity analysis on raising electric rates to offset
35 residential rate decrease. 8/28/2018 Morrow ISR will be provided in a future Friday report. Briggs/Armintor
Information on recreation and fitness center
36 membership trends over the past five years. 8/28/2018 Behrens/Packan ISR is provided in the August 31 Friday report. Briggs
Five year history on water park revenue trends
37 overlaid with fee increases. 8/28/2018 Behrens/Packan ISR is provided in the August 31 Friday report. Briggs
Analysis on ways to ensure youth have access to
38 recreation centers if the $10 fee is a barrier. 8/28/2018 Behrens/Packan ISR is provided in the August 31 Friday report. Armintor/Briggs
Analysis on the utility late payment fee for
commercial customers, including the number of
39 commercial customers that are typically late. 8/28/2018 Langley/Puente/Thomson ISR will be provided in a future Friday report. Briggs
Information outlining the justification for having
40 utility rates cover the Chamber ED contract. 8/28/2018 Booth/Morrow/Banks/Puente ISR will be provided in a future Friday report. Briggs
Model outlining the correlation between the Chamber
ED contract and its impact on retaining an recruiting
41 businesses. 8/28/2018 Booth ISR will be provided in a future Friday report. Meltzer
Cityof Denton City Hall
215 E. McKinney St.
Denton,Texas 76201
www.cityofdenton.com
DENTON Meeting Agenda
City Council
Tuesday, September 11, 2018 2:00 PM Work Session Room&Council Chambers
After determining that a quorum is present, the City Council of the City of Denton, Texas will convene in a
Work Session on Tuesday, September 11, 2018 at 2:00 p.m. in the Council Work Session Room at City Hall,
215 E.McKinney Street,Denton,Texas at which the following items will be considered:
1. Citizen Comments on Consent Agenda Items
This section of the agenda allows citizens to speak on Consent Agenda Items only. Each speaker will be
given a total of three (3) minutes to address any items he/she wishes that are listed on the Consent Agenda.
A Request to Speak Card should be completed and returned to the City Secretary before Council considers
this item.
2. Requests for clarification of agenda items listed on the agenda for September 11,2018.
3. Work Session Reports
A. ID 18-1196 Receive a report,hold a discussion,and give staff direction on gas well setback distances.
B. ID 18-1237 Receive a report, hold a discussion, and provide staff direction regarding potential
revisions to the Code of Ordinances to address tie-votes.
C. ID 18-1336 Receive a report, hold a discussion, and give staff direction regarding the FY 2018-19
City Manager's Proposed Budget, Capital Improvement Program, and Five-Year
Financial Forecast.
Following the completion of the Work Session, the City Council will convene in a Closed Meeting to consider
specific items when these items are listed below under the Closed Meeting section of this agenda. The City
Council reserves the right to adjourn into a Closed Meeting on any item on its Open Meeting agenda consistent
with Chapter 551 of the Texas Government Code, as amended, or as otherwise allowed by law.
1. Closed Meeting:
A. ID 18-1256 Consultation with Attorneys-Under Texas Government Code Section 551.071
Received information from the City's attorneys and discuss legal status, strategy and
possible resolution or litigation in Cause No. 17-3526-211, styled "Deborah Knabe v.
Allison A. Vetere and the City of Denton, Texas" pending in the 211th Judicial District
Court, Denton County, Texas; discussion of these legal matters in an open meeting would
conflict with the duty of the City's attorneys to the City of Denton and the Denton City
Council under the Texas Disciplinary Rules of Professional Conduct of the State Bar of
Texas.
B. ID 18-1391 Deliberations Regarding Certain Public Power Utilities: Competitive Matters - Under
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City Council Meeting Agenda September 11,2018
Texas Government Code Section 551.086; Consultation with Attorneys - Under Texas
Government Code, Section 551.071.
Receive competitive and financial public power information from staff related to the
Power Purchase Agreement between the City of Denton, as the seller of power and
electric energy services, and Texas Woman's University, as the buyer of power and
electric energy services; discuss, deliberate, and make recommendations to City Council
regarding the same. Consultation with the City's attorneys regarding legal issues
associated with the above matters where a public discussion of these legal matters would
conflict with the duty of the City's attorneys to the City of Denton and the Denton City
Council under the Texas Disciplinary Rules of Professional Conduct of the State Bar of
Texas, or would jeopardize the City's legal position in any administrative proceeding or
potential litigation.
ANY FINAL ACTION, DECISION, OR VOTE ON A MATTER DELIBERATED IN A CLOSED
MEETING WILL ONLY BE TAKEN IN AN OPEN MEETING THAT IS HELD IN COMPLIANCE
WITH TEXAS GOVERNMENT CODE, CHAPTER 551, EXCEPT TO THE EXTENT SUCH FINAL
ACTION, DECISION, OR VOTE IS TAKEN IN THE CLOSED MEETING IN ACCORDANCE WITH
THE PROVISIONS OF §551.086 OF THE TEXAS GOVERNMENT CODE (THE `PUBLIC POWER
EXCEPTION'). THE CITY COUNCIL RESERVES THE RIGHT TO ADJOURN INTO A CLOSED
MEETING OR EXECUTIVE SESSION AS AUTHORIZED BY TEX. GOV'T. CODE, §551.001, ET
SEQ. (THE TEXAS OPEN MEETINGS ACT) ON ANY ITEM ON ITS OPEN MEETING AGENDA
OR TO RECONVENE IN A CONTINUATION OF THE CLOSED MEETING ON THE CLOSED
MEETING ITEMS NOTED ABOVE, IN ACCORDANCE WITH THE TEXAS OPEN MEETINGS
ACT, INCLUDING, WITHOUT LIMITATION §551.071-551.086 OF THE TEXAS OPEN MEETINGS
ACT.
Regular Meeting of the City of Denton City Council at 6:30 p.m. in the Council Chambers at City Hall, 215 E.
McKinney Street,Denton,Texas at which the following items will be considered:
1. PLEDGE OF ALLEGIANCE
A. U.S.Flag
B. Texas Flag
"Honor the Texas Flag—I pledge allegiance to thee, Texas, one state under God, one and indivisible."
2. PROCLAMATIONS/PRESENTATIONS
A. ID 18-1396 Fall Prevention Awareness Day
B. ID 18-1397 Pain Awareness Month
C. ID 18-1398 Constitution Week
3. PRESENTATION FROM MEMBERS OF THE PUBLIC
A. Review of procedures for addressing the City Council.
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City Council Meeting Agenda September 11,2018
B. Receive Scheduled Citizen Reports from Members of the Public. This section of the agenda permits
any person who has registered in advance to make a citizen report regarding a public business item he or
she wishes to be considered by the City Council. This is limited to no more than four (4) speakers per
meeting with each speaker allowed a maximum of four (4) minutes to present their report. At the
conclusion of each report, the City Council may pose questions to the speaker or may engage in
discussion. If the City Council believes that a speaker's report requires a more detailed review, the City
Council will give the City Manager or City Staff direction to place the item on a future work session or
regular meeting agenda and advise staff as to the background materials to be desired at such meeting.
C. Additional Citizen Reports - This section of the agenda permits any person not registered for a citizen
report to make comments regarding public business on items not listed on the agenda. This is limited to
two speakers per meeting with each speaker allowed a maximum of four (4) minutes. Such person(s) shall
have filed a"Blue Card"requesting to speak during this period prior to the calling of this agenda item.
NOTE: If audio/visual aids during presentations to Council are needed, they must be submitted to the City
Secretary 24 hours prior to the meeting.
4. CONSENT AGENDA
Each of these items is recommended by the Staff and approval thereof will be strictly on the basis of the
Staff recommendations. Approval of the Consent Agenda authorizes the City Manager or his designee to
implement each item in accordance with the Staff recommendations. The City Council has received
background information and has had an opportunity to raise questions regarding these items prior to
consideration.
Listed below are bids, purchase orders, contracts, and other items to be approved under the Consent
Agenda (Agenda Items A — W). This listing is provided on the Consent Agenda to allow Council Members
to discuss or withdraw an item prior to approval of the Consent Agenda. If no items are pulled, Consent
Agenda Items A — W below will be approved with one motion. If items are pulled for separate discussion,
they may be considered as the first items following approval of the Consent Agenda.
A. ID 18-771 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, accepting competitive proposals and awarding a public works
contract for the Supply of Overhead Electric Distribution Services for the City of Denton;
providing for the expenditure of funds therefor; and providing an effective date (RFP
6582- awarded to Primoris T&D Services, LLC, for one (1) year, with the option for
two (2) additional one (1) year extensions, in a total not-to-exceed amount of $900,000
for all years). The Public Utilities Board recommends approval(-).
B. ID 18-1123 Consider adoption of an ordinance of the City of Denton, Texas, amending Section
22-31(13) and 22-31.1, Article II-Park Rules, Chapter 22- Parks and Recreation, Code
of Ordinances of the City of Denton, Texas, to provide for clarification of smoking related
to parks and parks facilities within the City of Denton; providing for a severability clause;
providing for a savings clause;providing for publication; and,declaring an effective date.
C. ID 18-1233 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a contract for the supply
of liquid oxygen for the Water Department to Airgas USA, LLC; providing for the
expenditure of funds therefor; and providing an effective date (IFB 6785-awarded to
Airgas USA, LLC, for one (1) year, with the option for two (2) additional one (1) year
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City Council Meeting Agenda September 11,2018
extensions, in a total not-to-exceed amount of $250,000 for all years). The Public Utilities
Board recommends approval(-).
D. ID 18-1303 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute an Interlocal Cooperative
Purchasing Agreement with the University of North Texas, under the Government Code,
Chapter 791.001, to authorize City of Denton contracts for the purchase of internet
services; authorizing the expenditure of funds therefor; and declaring an effective date (File
6860- award an Interlocal Cooperative Purchasing Agreement with University of North
Texas System for a three(3)year not-to-exceed amount of$30,000).
E. ID 18-1304 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a contract through the Buy
Board Cooperative Purchasing Network Contract #504-16 for Uniform Purchase or
Rental for City of Denton employees; providing for the expenditure of funds therefor; and
providing an effective date (File 6839- awarded to G&K Service, dba Cintas in the
not-to-exceed amount of$1,200,000).
F. ID 18-1315 Consider adoption of an ordinance of the City Council of the City of Denton, Texas
providing for, authorizing, and approving the execution by the City Manager of an
amendment to extend the Power Purchase Agreement by and between the City of
Denton, Texas and the Texas Woman's University; providing for an effective date. The
Public Utilities Board recommends approval(6-0).
G. ID 18-1344 Consider approval of a resolution by the City of Denton authorizing the City Manager, or
designee, to accept the Comprehensive Selective Traffic Enforcement (STEP) grant (grant
no. 2019-Denton PD-S-LYG-00044) in the amount of $88,536.68 from the U.S.
Department of Transportation passed through the Texas Department of Transportation for
the period of October 1, 2018 through September 30, 2019; and providing an effective
date.
H. ID 18-1402 Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton, Texas and Giving Hope, Inc. for the purpose of Homeless
Prevention Assistance; providing for the expenditure of funds therefor; and providing for
an effective date. ($400)
1. ID 18-1408 Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton, Texas and Denton Community Market for Staff Time and
Portable Restrooms; providing for the expenditure of funds therefor; and providing for an
effective date. ($500)
J. ID 18-1413 Consider and confirm the appointment by the City Manager of Lilyan Prado Carrillo to
the Civil Service Commission.
K. ID 18-1416 Consider adoption of an ordinance releasing, abandoning, and vacating a 1.139 acre
public utility easement granted to the City of Denton by Good Samaritan Village of
Denton County, recorded as Instrument No. 1997-R0034793, Real Property Records,
Denton County, Texas; providing for severability and an effective date. (Good Samaritan
Addition-easement abandonment)
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City Council Meeting Agenda September 11,2018
L. ID 18-1417 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a contract for the
purchase of one (1) trailer mounted Fire Pump Testing and Training Simulator for the Fire
Department to FD International, Inc.; providing for the expenditure of funds therefor; and
providing an effective date (IFB 6853 - awarded to FD International, Inc., in the
not-to-exceed amount of$61,700).
M. ID 18-1418 Consider adoption of an ordinance releasing, abandoning, and vacating an electric
transmission line easement granted to the City of Denton by Ethel Lee Bush recorded as
in Volume 488 Page 289, Deed Records, Denton County, Texas; providing for
severability and an effective date. (Bellaire North Addition - electric transmission
easement abandonment)
N. ID 18-1419 Consider adoption of an ordinance releasing, abandoning, and vacating a (I) 0.352 acre
drainage easement granted to the City of Denton by Kelsoe & Riley, LLC., recorded as
Instrument No. 2015-145562, Real Property Records, Denton County, Texas and (II) a
1.286 acre drainage easement granted by Pitner Family Limited Partnership, recorded as
Instrument No. 2015-145563, Real Property Records, Denton County, Texas; providing
for severability and an effective date. (Ryan Meadows Phase II Addition - drainage
easement abandonments)
O. ID 18-1423 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a contract for the supply
of electric utility distribution hardware, connectors, arms, and accessories for the City of
Denton Distribution Center; providing for the expenditure of funds therefor; and providing
an effective date (IFB 6653 - awarded to the lowest responsive bidder for each line item,
Irby Utilities, for one (1) year, with the option for three (3) additional one (1) year
extensions, in a total not-to-exceed amount of $500,000 for all years, and Techline, Inc.,
for one (1) year, with the option for three (3) additional one (1) year extensions, in a total
not-to-exceed amount of $4,000,000 for all years, in a total not-to-exceed amount of
$4,500,000 for all years).
P. ID 18-1424 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a contract through the
Department of Information Resources (DIR) Cooperative Purchasing Network Contract
Number DIR-TSO-4158 for the supply of software maintenance for the City of Denton
Human Capital Management software; providing for the expenditure of the funds therefor;
and providing an effective date (File 6876- awarded to Oracle America, Inc. for one (1)
year,in the not-to-exceed amount of$140,820).
Q. ID 18-1426 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a contract through the
State of Texas Contract Number 715-M2, under the Texas Government Code, Chapter
2262.055, to authorize City of Denton contracts for the purchase of library print materials:
Publications, Audiovisual Materials, Books, and Cataloging Services (Prepared Materials
Only); authorizing the expenditure of funds therefor; and declaring an effective date (File
6886-awarded to Baker&Taylor,LLC,in the not-to-exceed amount of$350,000).
Page 5 Printed on 813012018
City Council Meeting Agenda September 11,2018
R. ID 18-1427 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager, or his designee, to execute a
contract through the State of Texas Contract Number 715-M2 for the purchase of library
audio/visual materials: Publications, Audiovisual Materials, Books, and Cataloging
Services (Prepared Materials Only); providing for the expenditure of funds therefore; and
providing an effective date (File 6887 - awarded to Midwest Tape, LLC, in the
not-to-exceed amount of$150,000).
S. ID 18-1428 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute an Administration of IRS
Section 125 Flexible Spending Accounts for Medical Care and Dependent Care Service
contract with Discovery Benefits, Inc. for the City of Denton; providing for the
expenditure of funds therefor; and providing an effective date (RFP 6798- awarded to
Discovery Benefits,Inc. in the five(5)year not-to-exceed amount of$166,276).
T. ID 18-1429 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a Professional Services
Agreement with RPS Infrastructure, Inc., for design services for the Bonnie Brae Phase 6
University (US 380) to Loop 288 street improvement project as set forth in the
contract; providing for the expenditure of funds therefor; and providing an effective date
(RFQ 6590-032 - Professional Services Agreement for design services awarded to RPS
Infrastructure,Inc.,in the not-to-exceed amount of$2,031,479.50).
U. ID 18-1431 Consider adoption of an ordinance of the City of Denton, Texas, a Texas home-rule
municipal corporation, authorizing the City Manager to execute a Professional Services
Agreement with Kimley-Horn and Associates, Inc. for an Americans with Disabilities
(ADA) Act Compliance Review and Transition Plan as set forth in the agreement;
providing for the expenditure of funds therefor; and providing an effective date (RFQ
6590-033 - Professional Services Agreement for Design Services awarded to
Kimley-Horn and Associates,Inc., in the not-to-exceed amount of$239,843.32).
V. ID 18-1432 Consider adoption of an ordinance of the City Council of the City of Denton, a Texas
home-rule municipal corporation, nunc pro tunc, correcting an inadvertent mistake in
Ordinance No. 18-163, specifically the duration of the Professional Services Agreement
with Innovative Transportation Solutions, Inc., for Transportation Services; and providing
for an effective date(RFQ 6610).
W. ID 18-1434 Consider approval of the minutes of July 17, July 24, August 2, August 6, August 7,
August 14,and August 21,2018.
5. ITEMS FOR INDIVIDUAL CONSIDERATION
A. ID 18-915 Consider adoption of an ordinance authorizing a development agreement between the
City of Denton and Marker Stone Realty Partners I, LLC and Marker Stone Realty
Partners II, LLC; providing for acquisition of necessary property interest, installment of
critical infrastructure, and provision of electrical services; authorizing the City Manager to
execute the agreement, and providing for an effective date. (Evers Way and Beall Way
Additions)
Page 6 Printed on 813012018
City Council Meeting Agenda September 11,2018
B. ID 18-1159 Consider adoption of an ordinance approving an agreement between the City of Denton,
Texas, and the Denton Chamber of Commerce regarding an economic development
partnership; and providing an effective date.
C. ID 18-1382 Consider adoption of an ordinance of the City of Denton, Texas authorizing the City
Manager or his designee, to execute a Decommissioning Escrow Agreement among and
between the Texas Municipal Power Agency, the City of Bryan, Texas, the City of
Denton, Texas, the City of Garland, Texas and the City of Greenville, Texas ("Cities")
regarding the establishment of escrow for decommissioning pursuant to the existing joint
operating agreement between the Cities and TMPA; and providing an effective date. The
Public Utilities Board recommends approval(7-0).
D. ID 18-1435 Consider nominations/appointments to the City's Boards, Commissions, and Committees:
Health & Building Standards Commission; Historic Landmark Commission; Library
Board; Zoning Board of Adjustment; City Hall West Steering Committee; and Oak
Gateway Area Plan Steering Committee.
E. ID 18-1444 Consider adoption of an ordinance considering all matters incident and related to the
issuance, sale and delivery of up to $31,810,000 in principal amount of "City of Denton
Certificates of Obligation, Series 2018A"; authorizing the issuance of the Certificates;
delegating the authority to certain City officials to execute certain documents relating to the
sale of the Certificates; approving and authorizing instruments and procedures relating to
said Certificates; enacting other provisions relating to the subject; and providing an
effective date.
6. PUBLIC HEARINGS
A. A18-0002a Conduct the first of two public hearings for a voluntary annexation of approximately 86.47
acres of land generally located north of Hickory Creek Rd, and south of Creekdale View
by the City of Denton, Texas.
B. ID 18-1337 Hold a second public hearing on a proposal to adopt a tax rate of $0.620477 with a
maximum allowable rate of $0.637856 per $100 valuation, which will not exceed the
lower of the effective or rollback tax rate.
C. ID 18-1338 Hold a public hearing and receive citizen input on the FY 2018-19 Proposed Budget.
7. CONCLUDING ITEMS
Page 7 Printed on 813012018
City Council Meeting Agenda September 11,2018
A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the City Council
or the public with specific factual information or recitation of policy, or accept a proposal to place the
matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open
Meetings Act, provide reports about items of community interest regarding which no action will be taken,
to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules;
an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about
an upcoming event organized or sponsored by the governing body; information regarding a social,
ceremonial, or community event organized or sponsored by an entity other than the governing body that
was attended or is scheduled to be attended by a member of the governing body or an official or employee
of the municipality; or an announcement involving an imminent threat to the public health and safety of
people in the municipality that has arisen after the posting of the agenda.
B. Possible Continuation of Closed Meeting topics,above posted.
CERTIFICATE
I certify that the above notice of meeting was posted on the bulletin board at the City Hall of the City of
Denton, Texas,on the day of ,2018 at o'clock(a.m.)(p.m.)
CITY SECRETARY
NOTE: THE CITY OF DENTON CITY COUNCIL WORK SESSION ROOM AND COUNCIL
CHAMBERS ARE ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH
DISABILITIES ACT. THE CITY WILL PROVIDE SIGN LANGUAGE INTERPRETERS FOR THE
HEARING IMPAIRED IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE SCHEDULED
MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 349-8309 OR USE
TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX SO
THAT A SIGN LANGUAGE INTERPRETER CAN BE SCHEDULED THROUGH THE CITY
SECRETARY'S OFFICE.
Page 8 Printed on 813012018
wmm::�I September 2018
Sunday Monday Tuesday Wednesday 'hursday Friday Saturday
1
2 3 4 5 6 7 8
No Councilluncheon No Council Meeting 4 p.m. Public Art 11:00 Development
Labor Day - Committee Code Review
City Ho lid a y
9 10 11 12 13 14 15
9:OOam Public Utilities 11:OOam EDP Board 11:00 Development
Board 11:30am Mobility Code Review
Committee 5:OOpm P&ZWork
5:30pm HLC Session
2:00 Special Called 6:30pm P&ZRegular
6 pm Park Board Work/Reg.Session Session
16 17 18 19 20 21 22
9:OOam Committee on 2:00 pm CC Work HaBSCo Meeting 11:00 Development
the Fnvironment Session Code Review
6:30 pm CC Regular
Session
23 24 25 26 27 28 29
6:OOpm Public Utilities 2:OO pm 4th Tuesday 12:OO Downtown TF HOTCommittee 10:00 11:OO Development
Board Session Code Review
5:OOpm P&ZWork
4:00 pm 7BA Session
6:30pm P&ZRegular
Se scion
30
8/31/2018 8:26 AM
Sunday Monday Tuesday Wednesday Mursday Friday Saturday
1 2 3 4 5 6
11:30 am Joint No Council Meeting 4 p.m. Public Art
Counc ii/DISD Luncheon Committee
1:30pm Committee on
the Fnvironment
5:3 0p m Traffic Sa fe ty
Commission
Park Board 6pm
7 8 9 10 11 12 13
9:00am Public Utilities 2:00 pm 2nd Tuesday 11:00am EDP Board
Bo a rd Se ssio n
5:00pm P&ZWork
5:30pm HLC Session
6:30pm P&ZRegular
Se ssio n
14 15 16 17 18 19 20
2:00 pm CC Work 11:30am Mobility HaBSCo Meeting
Session Committee
6:30 pm CC Regular
Session
21 22 23 24 25 26 27
6:00pm Public Utilities 2:00 pm 4th Tuesday 5:00pm P&ZWork
Bo a rd Se ssio n Se ssio n
6:30pm P&ZRegular
Se ssio n
28 29 30 31
4:00 pm ZBA No Council Meeting
8/31/2018 8:26 AM
Construction Projects Report
-� Week of Sep 3 -9, 2018
INPRUVING
CITY
OF For general inquiries and questions, please contact the Project Management Office at(940)349-7227 �LL I
DENTON
Proposed Date of Proposed Date Other Department
Street/Intersection From To Construction of Completion Brief Description of Construction Department Letters Communication Contact:
CURRENT PROJECTS See Yellow Highlighted for Major Closures
Amistad Ln. New Ballinger Tawakoni 8/27/18 9/10/18 Concrete Street Panel Repair Streets 7/15/18 (940)349-7160
(Temporary Lane Closures)
Austin St. Sawyer E.Third 9/10/2018 9/14/2018 Water Main Construction Engineering 8/27/18 (940)349-8910
(Temporary Lane Closure)
Ave.A Maple Eagle 3/19/18 9/30/18 UNT 2018 Residence Hall Project Engineering N/A Coordinate with (940)349-8910
(Both SB Lanes Closed) UNT
Bay Meadow Dr. Prescott Fairmont Park 8/27/18 9/10/18 Concrete Street Panel Repair Streets 8/17/18 (940)349-7160
Downs (Temporary Lane Closures Possible)
Bonnie Brae St. Roselawn North of 7/1/2017 7/1/2019 Street Widening Engineering 6/14/18 (940)349-8910
Vintage (Phase 1)
Camino Real Street Reconstruction
Edwards Rd. Camino (Temporary Lane Closures)Swisher Rd. 6/4/18 9/10/18 Streets 5/17/18 HOA Contacted (940)349-7160
Emerson Ln. Nottingham East Emerson 7/25/18 9/7/18 Wastewater Wastewater 7/23/18 (940)349-7300
150' (Road and Lane Closure)
Emery St. Alice Coit 6/25/18 9/10/18 Street Resurfacing Streets 6/11/18 Door Hangers (940)349-7160
(Temporary Lane Closures)
Fulton St. Oak University 6/7/18 11/16/18 Water Main Construction Water 6/5/18 (940)349-7167
(Street Closure)
North Texas Street Reconstruction
Hickory St. Blvd. Ave C 5/21/18 9/14/18 (Temporary Road Closures) Streets 5/15/18 Electronic Signs (940)349-7160
Page 1 of 5
Proposed Date of Proposed Date Other Department
Street/Intersection From To Construction of Completion I Brief Description of Construction Department Letters Communication Contact:
Holiday Park Phase 2 Manhattan Kings Row 11/10/17 12/1/18 Wastewater Main ConstructionWastewater 11/16/18 Door Hangers (940)349-7300
(Temporary Lane Closures Possible)
Hollyhill Ln. Longridge Pennsylvania 7/9/18 9/7/18 Street Reconstruction Streets 6/20/18 (940)349-7160
(Temporary Street Closures)
Jim Christal Rd. Western Blvd Scripture 7/3/18 10/1/18 Utility Line Construction Water/WW N/A (940)349-8463
(Road Closure)
Joyce Ln. N. Elm Gardenview 9/5/18 10/26/18 Street Reconstruction Streets 8/21/18 (940)349-7160
(Temporary Lane Closures)
Mayhill Rd. US 380 Edwards 9/1/17 2/1/20 Street Widening Engineering 1/3/18, 1 2418 Door Hangers (940)349-8910
(Temporary Lane Closures) / / g
Meandering Creek Dr. Education John Pain 9/3/18 9/17/18 Concrete Street Panel Repair Streets 8/17/18 (940)349-7160
(Temporary Lane Closures)
Mistywood Ln. Woodhaven Jamestown 9/7/18 11/5/18 Wastewater Main ReconstructionWastewater (940)349-7300
(Temporary Lane Closures)
Myrtle St. Eagle 200' North 9/4/18 5/1/19 Eagle Drainage Improvements Engineering 8/21/18 Contacted DCTA (940)349-8910
(Street Closure)
100' N 150'East Wastewater Main Reconstruction
Nottingham Dr. Nottingham Emerson (Temporary Lane Closures)7/25/18 9/7/18 Wastewater 7/23/18 (940)349-7300
intersection
Old North Rd. University Mingo 8/27/18 9/7/18 Turn Lane Installation Streets N/A (940)349-7160
(Temporary Lane Closures)
Pine Hills Ln. Purbeck Alderbrook 8/20/18 9/3/18 Concrete Street Panel Repair Streets N/A (940)349-7160
(Temporary Lane Closures Possible)
Prominence Pkwy. Mayhill Atlanta 1/31/18 9/28/18 Water and Wastewater Crossing Engineering 1/24/18 Door Hangers (940)349-8910
(Road Closure)
Riney Rd. N. Elm Solana 9/29/17 9/30/18 Road Removal and Replacement Engineering Yes Electronic Signs (940)349-8910
(Road Closure)
Full Depth Base Repairs Contacted
Shady Oaks Dr. Woodrow Loop 288 S. 8/27/18 9/17/18 (East Bound Lane Closures) Streets N/A Businesses (940)349-7160
Page 2 of 5
Proposed Date of Proposed Date Other Department
Street/Intersection From To Construction of Completion I Brief Description of Construction Department Letters Communication Contact:
Shadow TH. Plum Hollow Windbrook 8/6/18 10/19/18 Street Reconstruction Streets 8/2/18 (940)349-7160
(Street Closure)
Spencer Rd. Mayhill Lowe's 4/2/18 9/29/18 Water, Drainage, Road Construction Water 3/16/18 Contacted (940)349-8910
Driveway (Road Closure) departments affected
Dead End Street Resurfacing,Curb and Gutter
Sun Valley Dr. Stuart West 5/14/18 9/10/18 (Temporary Lane Closures) Streets 5/1/18 Door Hangers (940)349-7160
Thomas St. Oak Alamo 8/6/18 8/31/18 Wastewater ReconstructionWastewater 7/31/18 Door Hangers (940)349-7300
(Temporary Lane Closures)
Thomas St. Oak Scripture 9/3/18 11/2/18 Water Main Construction Water 8/1/18 (940)349-7167
(Temporary Lane Closure)
Thomas St. TBD TBD Streets Construction
Valley View Rd. Kings Row Sun Valley 5/14/18 9/10/18 Street Resurfacing,Curb and Gutter Streets 5/1/18 Door Hangers (940)349-7160
(Temporary Lane Closures)
W.Walnut St. Elm Cedar 8/6/18 9/14/18 Utility Construction Engineering N/A (940)349-8910
(Temporary Road Closures)
Wayne St. Boyd Mozingo 8/29/18 10/10/18 Wastewater ReconstructionWastewater 8/20/18 (940)349-7300
(Temporary Lane Closures)
UNT 2018 CVAD Project
Welch St. Mulberry Chestnut 4/11/18 9/24/18 Drive approach/Sidewalk Engineering 3/19/18 3/30/2018 (940)349-8910
(Temporary Lane Closures)
NB Lane 500' Water and Wastewater Improvements Contacted
300 S. Businesses
Western Blvd. N of Jim 7/24/18 9/21/18 Westpark Area Water N/A (940)349-7324
Western Christal (Lane Closures 4 to 2 lanes) affected,electronic
signs
Page 3 of 5
Proposed Date of Proposed Date Other Department
Street/Intersection From To Construction of Completion I Brief Description of Construction Department Letters Communication Contact:
COMPLETED PROJECTS
Amarillo St. Congress Egan 7/9/18 8/17/18 Street Reconstruction Streets (940)349-7160
(Temporary Lane Closures) 7/5/18
Bernard St. Sycamore Mulberry 7/23/18 8/9/18 Utility Construction Engineering (940)349-8910
(Street Closures)
Capetown Dr. Desert Willow Bishop Pine 6/25/18 8/17/18 Concrete Street Panel Repair Streets 6/5/18 Door Hangers (940)349-7160
(Temporary Lane Closures Possible)
Fulton St. Linden Broadway 7/20/18 8/8/18 Wastewater Wastewater 6/5/18 (940)349-7300
(Street Closure)
Highland Park Rd. Laurel Wisteria 7/25/18 8/30/18 Street Reconstruction Streets 7/12/18 (940)349-7160
(Temporary Road Closures)
Laurel St. Highland Park Wisteria 7/25/18 8/30/18 Street Reconstruction Streets 7/12/18 (940)349-7160
(Temporary Lane Closures)
Malone St. Scripture W. University 7/9/18 8/24/18 Street Reconstruction Streets 6/28/18 Electronic Signs (940)349-7160
(Temporary Lane Closures)
McKinney St. Loop 288 Ryan H.S 5/29/18 8/22/18 Sidewalk Construction Engineering N/A Electronic Signs (940)349-8910
(Temporary Lane Closures)
Oakland St. Sawyer E. 3rd 8/20/18 8/26/18 Conduit Installation TWU (940)349-8914
(Temporary Lane Closures) Communications
Poinsettia St. Manten Teal 8/13/18 8/27/18 Wastewater Construction Engineering 8/3/18 Door Hangers (940)349-8910
(Temporary Lane Closure)
UPCOMING PROJECTS
Fulton St. Summer 2019 TBD Streets Streets (940)349-7160
Hettie St. TBD TBD Water,Wastewater,and Streets Multiple
Page 4 of 5
Proposed Date of Proposed Date Other Department
Street/Intersection From To Construction of Completion I Brief Description of Construction Department Letters Communication Contact:
Hickory Creek Rd. Teasley Riverpass 1/1/19 6/1/20 Street Widening Engineering (940)349-8910
(Temporary Lane Closures)
Hinkle Dr. TBD TBD Water,Wastewater,Drainage,Streets Multiple
Londonderry Ln. Teasley Westminster TBD TBD Street Improvements Streets (940)349-7160
(Temporary Lane Closures)
Panhandle St. Carroll Bolivar TBT TBT Street Resurfacing,Curb and Gutter Streets 4/9/18 Door Hangers (940)349-7160
(Temporary Lane Closures)
PEC 4- Engineering In Design Installing Underground Box Culvert Engineering (940)349-8910
Drainage and Roadway Construction
Roselawn Dr. Bonnie Brae Kansas City Southern RR TBD TBD (Bonnie Brae Phase 1 Engineering N/A (940)349-8910
One Lane traffic control)
Stuart Rd. Windsor Kings Row TBD TBD Concrete Curb and Gutter Repair Streets (940)349-7160
(Temporary Lane Closures)
Vintage Blvd. US 377 135W 3/1/2019 2021 Street Widening Engineering (940)349-8910
(Bonnie Brae Phase 2)
Wayne St. TBD TBD Water,Wastewater,and Streets Multiple
Windsor Dr. TBD TBD Water,Wastewater,Drainage,Streets Engineering (940)349-8910
Page 5 of 5