032020 Friday Staff Report City Manager's Office
215 E. McKinney St., Denton, TX 76201 • (940) 349-8307
DENTON
MEMORANDUM
DATE: March 20, 2020
TO: The Honorable Mayor Watts and Council Members
FROM: Todd Hileman, City Manager
SUBJECT: Friday Staff Report
L Council Schedule
A. Meetings
1. Cancelled - Public Utilities Board Meeting on Monday, March 23, 2020 at
9:00 a.m. in the City Council Work Session Room.
2. Cancelled- Council Airport Committee on Tuesday,March 24, 2020 at 10:00
a.m. in the City Hall Conference Room.
3. Cancelled - Work Session of the City Council on Tuesday, March 24, 2020 at
2:00 p.m. in the City Council Work Session Room followed by a Regular
Meeting in the Council Chambers at 6:30 p.m.
4. Cancelled - Downtown Denton Tax Increment Financing Zone No. 1 Board on
Wednesday, March 25, 2020 at 12:00 p.m. in the City Council Work Session
Room.
5. Cancelled- Agenda Committee Meeting Wednesday, March 25, 2020 at 2:30
p.m. in the City Manager's Conference Room.
II. General Information & Status Update
A. March 31 Special-Called Meeting Format— Staff is working on the details for hosting
a remote City Council special-called meeting. As planned, the meeting would allow
Council members to participate and vote via video conferencing from a remote
location. Members of the public may view the meeting through the live stream on the
City website, live on DTV, or view the broadcast in person at City Hall. Those wishing
to submit comments on any agenda item will have the option of submitting comments
through a web from or by telephone. Public comment information and additional
procedural details will be available when the meeting agenda is posted. Staff Contact:
Ryan Adams, Public Affairs
OUR CORE VALUES
Integrity • Fiscal Responsibility • Transparency • Outstanding Customer Service
B. Valet Solid Waste Service Delivery COVID-19 Update — Due to dynamically
changing schedules and partial/full closures necessitated by the COVID-19 protocols,
the service delivery schedule for the Valet Solid Waste Service in the Downtown and
Fry Street areas has temporarily changed to Sunday through Friday, 11 a.m. to 10 p.m.
and Saturday, 5 a.m. to 10 p.m. Service will return to the previous schedule based on
demand. Staff has reached out to businesses via email and communicated updates
through the Main Street Association. Staff contact: Brian Boerner, Solid Waste and
Recycling
C. Posting Signs to Accommodate Takeout Restaurant Service—The City of Denton will
place signs designating 4 spaces on each side of the Square as Takeout Restaurant
Service parking spots. While there is no enforceability if other drivers use these spots,
we hope this effort will allow residents to continue to support local restaurants by
adding a convenient parking location for takeout service. Staff discussed making this
designation with the Denton Main Street Association, which agrees that this could help
support local restaurants. Staff contact: Todd Estes, Capital Projects/Jessica Rogers,
Economic Development
D. City Police Detention Facility and County Jail Information — During the March 20
Emergency City Council meeting, Council Member Armintor requested information
about the number of people currently being held in the Denton Police Detention Facility
and County Jail. Please see the attached memo from Chief Dixon addressing these
questions. Staff contact: Frank Dixon, Police
E. Relocation of Public Access for Restrooms and Showers—Beginning Saturday, March
21 at 1 p.m., MLK Jr. Recreation Center will close until further notice. Staff will begin
the process of deep cleaning the facility in anticipation of the potential need for public
safety administrative operations. Effective Monday, March 23, the Civic Center Pool
showers and restrooms will be open to the public Monday through Saturday, 9 a.m. to
5 p.m., until further notice. The facility will be staffed during operating hours. Staff
contact: Gary Packan, Parks and Recreation
F. City of Denton Landfill Expansion Public Meeting — In response to the COVID-19
pandemic, the public meeting on the City of Denton's Landfill permit modification
scheduled for April 30 has been cancelled. Once this pandemic passes, the state will
give this permit and hearing priority as it works to reschedule meetings and events.
Staff Contact Brian Boerner, Solid Waste and Recycling
G. Broadcasting City Council Meetings on the Radio —During the March 20 Emergency
City Council meeting, Council Member Armintor inquired whether the upcoming City
Council meetings may be broadcast over the radio. Staff has reached out to KNTU
about this possibility, and they responded that the station would be unable to do this
right now because on-site staff would be required, however there is no one on-site due
to the COVID-19 precautions. Staff has also reached out to KUZU about this, but has
not received a response. Staff contact: Billy Matthews, Public Affairs
H. Cooper Creek Drainage Concerns—On March 18, Council Member Briggs forwarded
a resident to concern regarding the Cooper Creek drainage channel to staff. Public
Works staff assessed the site that day and could not locate any blockages in the creek
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at the time. The flooding was likely due to the intense rainfall that morning,
approximately 3.5 inches in a 3 to 4 hour period, combined with an already saturated
ground. Staff also noted that the resident's back yard is located in 100-year floodplain
and is prone to flooding with these extreme conditions. Staff contact: Danny Kremer,
Public Works
I. Road Conditions on West Oak Street — Mayor Pro Tem Hudspeth recently requested
information about a dip in the street on West Oak St.,just west of N. Welch St. This
dip was installed to drain storm water from this low-lying area. Even though the
primary function of this dip is to drain water during storm event, it also serves as a
traffic calming measure for reducing vehicle speeds along Oak St. Staff contact: Pritam
Deshmukh, Capital Projects
J. Road Conditions on Windsor Drive—On March 17,Council Member Briggs forwarded
a resident concern about a bump in the road on Windsor Dr. near Woodrow Wilson
Elementary. Public Works staff patched this section of street the following day, March
17. A permanent repair will be completed when the road is rebuilt as part of the Streets
2019 bundle package that was approved by City Council recently. Staff contact: Danny
Kremer, Public Works
K. Tree on Power Lines — On March 19, Council Member Armintor forwarded a citizen
concern about a tree that was leaning on power lines after storms came through the area
that morning. This request, which was also received through the Engage Denton app,
was reviewed by the Urban Forrester, who visited the site and determined that it was a
hazardous dead tree that is in close proximity to a 3-phase distribution line. DME crews
were on site shortly after to trim the branches that were threatening the distribution line,
and will fully remove the tree next week as weather permits. Staff contact: Drew
Huffinan, Parks and Recreation
L. Gibbs Road Information—Mayor Pro Tem Hudspeth requested information about the
timing and path of Gibbs Road, from the Town of Argyle to Robson Ranch Rd. this
area is outside of the city of Denton boundary. Based on the County's Master
Thoroughfare Plan, Gibbs Road will be extended north to directly connect to Robson
Ranch Road at its intersection with Robson Ranch Boulevard. As this is not within City
of Denton limits, staff does not have a timeline for this road's construction. A map of
this area can be found at: https://dentoncount .goy//-
/media/PDFs/Page s/Thoroughfare/Approved-Thoroughfare-Plan-Map-
041817.pdPla=en. Staff contact: Pritam Deshmukh, Capital Projects
M. Robson Road Speed Limit — Mayor Pro Tem Hudspeth requested information about
the speed limit on Robson Road. The speed limit is currently 50 mph on this road, and
staff will collect data on the 85th percentile speed along the road, west of I-35W. Based
on this assessment of the 85th percentile, a new posted speed limit will be assigned to
this segment of Robson Ranch Road. Staff contact: Pritam Deshmukh, Capital Projects
III. Uncomin2 Community Events and Meetings
A. Events
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All City-sponsored events and programs are also suspended through Sunday,
April 5. Certain areas of Parks and Recreation facilities will also be closed
through Sunday, April 5, such as gymnasiums, fitness areas, meeting rooms,
and the walking track at the Denton Civic Center. Signs will be posted at these
facilities. As conditions change,these periods may be extended, and additional
announcements may be made.
B. Community Meetings
All City-sponsored events and programs are also suspended through Sunday,
April 5. Certain areas of Parks and Recreation facilities will also be closed
through Sunday, April 5, such as gymnasiums, fitness areas, meeting rooms,
and the walking track at the Denton Civic Center. Signs will be posted at these
facilities. As conditions change,these periods may be extended, and additional
announcements may be made.
IV. Attachments
A. Denton Police COVID Response Detention Facility ...........................................5
B. COVID-19 FAQs (March 20, 2020) ...................................................................7
V. Informal Staff Reports
A. 2020-025 City Attorney Response to Article.....................................................21
B. 2020-026 FY 2018-19 Annual Financial Report and Annual Audit...................25
C. 2020-027 FY 2019-20 Q 1 Financial Report....................................................236
D. 2020-028 United Through Hope Drainage Issues............................................315
VI. Council Information
A. Council Requests for Information ..................................................................330
B. Council COVID-19 Requests and Suggestions................................................331
C. Council Calendar ...........................................................................................332
D. Future Work Session Items ............................................................................335
E. Street Construction Report .............................................................................336
4
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Department of Police
601 E.Hickory St., Suite E •Denton,TX 76205 • (940)349-8181 •FAX(940)349-7966
MEMORANDUM
To: Todd Hileman, City Manager
From: Frank Dixon, Chief of Police
Date: March 20,2020
Subject: Denton Police Detention Facility
CC: Mayor Watts and City Council
This document outlines what the Denton Police Department is doing in response to the COVID-19
pandemic as it relates to our detention facility. Council members have asked if we can place a moratorium
on arrests, release those currently in custody, and close our facility altogether. The Denton Police
Department has already modified our response, as previously stated,that allows more officer discretion in
making arrests, where law allows. The State of Texas Jail Standards also released a memorandum, that is
attached, that outlines best practices within jail facilities. While our detention facility is not mandated to
follow standards set forth by the State for jails, we have already implemented all of those recommended,
per the response plan.
As the Chief of Police,I do not have the authority to release those who are currently in custody.They must
be arraigned by a judge or magistrate prior to being released. Currently, we only have one person in our
facility,which is for a Fail to Appear/Controlled Substance.This charge is an order by a judge or magistrate,
to bring forth the person named,to appear before said judge or magistrate. They will be released or kept in
custody, and ultimately transferred to the Denton County Jail, depending on the judge's or magistrate's
decision. One Councilmember asked about the current number of inmates being held in the Denton County
Jail, and in the Denton County Juvenile Detention facility. As these facilities are not under the purview of
the Denton Police Department,I cannot answer those questions.
Lastly, the temporary closure of our detention facility is not feasible. In addition to those offenses that
cannot be released, there are many crimes that become enhanced during times of emergency declaration,
such as assault, robbery,burglary of habitations and buildings, and thefts. Examples of these were seen in
recent natural disasters where businesses were closed, and were in the form of pharmacies, pawn shops,
gun stores, and grocery stores being burglarized. Additionally, the Denton County Jail does not have the
capacity to directly intake arrests from agencies outside of the normal practice.
OUR CORE VALUES
Integrity•Fiscal Responsibility•Transparency•Outstanding Customer Service
5
I have and continue to be in contact with peers across the region,state,and nation,to keep up with the ever-
changing trends during this time of historic and unchartered challenges. I am proud to report that the
proactive measures the Denton Police Department have implemented are ahead of most agencies and being
replicated across the state and country.
Sincerely,
Frank
OUR CORE VALUES
Integrity•Fiscal Responsibility•Transparency•Outstanding Customer Service
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COVID-19 Questions
Friday, 3-20-2020 @ 9:00 a.m.- Please note that information continues to change rapidly.
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Business
1. Q: Is there a directory of local businesses with adapted services?
o A:DMSA is tracking a list of downtown businesses with adapted services and the Denton
Chamber is keeping a list of delivery/takeout options at restaurants. Both can now be
accessed from:https://www.cityofdenton,com/en-us/government/health-safety/covid-19-
in formation/business-resources
2. Q: What federal assistance programs are available to businesses?
o A: The main program that is available to businesses is the Small Business Administration's
(SBA)Economic Injury Disaster Loan (EIDL)program.Any small business and most private
non-profits that have suffered substantial economic injury, regardless of physical damage,
and are in a declared disaster area may be eligible for an Economic Injury Disaster Loan
(EIDL). The EIDL is a working capital loan and cannot be used to repair, replace, or purchase
physical assets. The federal government has declared COVID-19 as an eligible disaster so
that businesses can use EIDLs.
3. Q: What is the process for accessing SBA's COVID-19 Disaster Relief Funding?
o A: The SBA is offering designated states and territories low-interest federal disaster loans for
working capital to small businesses suffering substantial economic injury as a result of the
Coronavirus(COVID-19). Upon a request received from a state's or territory's Governor, SBA
will issue under its own authority, as provided by the Coronavirus Preparedness and
Response Supplemental Appropriations Act that was recently signed by the President, an
Economic Injury Disaster Loan declaration.
Any such Economic Injury Disaster Loan assistance declaration issued by the SBA makes
loans available to small businesses and private, non-profit organizations in designated areas
of a state or territory to help alleviate economic injury caused by the Coronavirus(COVID-
19). Once a declaration is made for designated areas within a state, the information on the
application process for Economic Injury Disaster Loan assistance will be made available to all
affected communities.
As of March 18, Governor Abbott has made his official request to SBA to declare Texas
eligible, but it has not yet been approved by SBA.According to the regional SBA director, this
could happen soon, but there is not an estimate of when the approval will occur.
4. Q: What can the EIDLs be used for?
o A: These loans may be used to pay fixed debts, payroll, accounts payable and other bills that
can't be paid because of the disaster's impact. The interest rate is 3.75%for small businesses
without credit available elsewhere;businesses with credit available elsewhere are not
eligible. The interest rate for non-profits is 2.75%. SBA offers loans with long-term
repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are
determined on a case-by-case basis, based upon each borrower's ability to repay.
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5. Q: Can my business apply for the EIDL program?
o A: Most likely yes.Any small business and most private non-profits are eligible under the
program, but the Governor's declaration must be approved by SBA before any Texas
business can apply. Local businesses are encouraged to reach out to the local SBA office to
discuss eligibility at any time (even before the application is made available). Once available,
the loan application will be accessible at https://disasterloan.sba.gov/ela/
6. Q: How do I contact SBA?
o A:Denton is served by the Dallas-Fort Worth SBA District Office. They can be reached at
(817) 684-5500 or go to https://www.sba.gov/offices/district/tx/dallas-fort-worth
7. Q: Do business interruption insurance policies cover losses from COVID-19?
o A:Every insurance policy is different, and businesses should contact their provider to discuss
policy details.
8. Q: Does my business have to be closed to qualify for the EIDL program?
o A:No. However, businesses must demonstrate economic injury as a result of the disaster.
Businesses should contact SBA directly to discuss how to demonstrate economic injury or
what information will be needed during the application process. Businesses also must
demonstrate that they could not get funding somewhere else and that they are not claiming
the some injury under business interruption insurance.
9. Q: Where do I get more information about unemployment?
o A: Unemployment in Texas is managed by the Texas Workforce Commission. TWC has set up
a resource page and instructions specific to individuals and businesses impacted by COVID-
19. This information is posted here. Businesses and employees should speak directly with the
Texas Workforce Commission regarding any unemployment related questions.
o Businesses and employees can get more information from the local office, Workforce
Solutions of North Texas here:https.Ildfwiobs.com/
10. Q: Is anyone hiring?
o A:Many companies are looking to hire full time,part time, or temporary workers in the
Metroplex, with many seeking help to respond to COVID-19. Texas Workforce Commission
has a job board with many jobs posted daily.Job seekers can go to Workln Texas.com to view
postings.
General Updates (as provided by TMQ
11. Q: Has the State of Texas declared a public health disaster?
o A: Yes. The Texas Department of State Health Services has determined that, as of March 19,
2020, COVID-19 represents a public health disaster within the meaning of Chapter 81 of the
Texas Health and Safety Code.
12. Q: What action has Governor Abbott taken in response to the declaration of public health disaster?
o A: The Governor has issued Executive Order No. GA-08 which provides that:
■ every person in Texas shall avoid social gatherings in groups of more than 10 people,
■ people shall avoid eating or drinking in bars, restaurants, and food courts, or visiting
gyms or massage parlors;however, the use of drive-thru, pickup, or delivery options
are allowed and highly encouraged;
■ people shall not visit nursing homes or retirement or long-term care facilities unless
to provide critical assistance,and
■ schools shall temporarily close.
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13. Q: What is the duration of the Governor's executive order?
o A: The executive order is for a limited duration. For now, the order is effective 11:59 p.m. on
March 20 and continues until 11:59 p.m. on April 3, 2020. The restrictions could be extended
in the future.
14. Q: Does this mean all businesses in our city must shut down?
o A:No, this is not a shelter in place order. The Governor's order does not prohibit people from
visiting a variety of places, including grocery stores, gas stations, parks, and banks, so long
as necessary precautions are maintained to reduce the transmission of COVID-19. Businesses
will continue to provide essential services.
15. Q: Does the governor's order require that we close all city operations?
o A:No. All critical infrastructure remains operational, domestic travel remains unrestricted,
and governmental entities will continue providing essential services.
For offices and workplaces that remain open, employees should practice good hygiene and,
where feasible, work from home in order to achieve optimum isolation from COVID-19.
Trusted sources for information about such practices are available at
https://www.dshs.texas.pov/coronavirus and https://www.cdc.gov/coronavirus.
16. Q: Is the Governor providing additional information about Executive Order GA-08?
o A: Nexstar Broadcasting will host a live virtual town hall meeting with Governor Abbott
tonight at 7:00 p.m. CT. The one-hour virtual town hall will air exclusively on 14 Nexstar
stations across the state. Click here to find a way to view the meeting.
The governor will address the statewide response to the current coronavirus outbreak and
will be joined by top state government officials from the departments of health, infectious
diseases, education, and emergency management.
The town hall will open with Governor Abbott providing the latest information about the
state's response to the coronavirus crisis,followed by a 15-minute question and answer
session between the Governor and the other state officials. The broadcast will then allow
approximately 45 minutes of questions submitted by viewers around the state.
Viewers can pose a question to Governor Abbott or any of the show's guests via a variety of
social media platforms using the hashtag#AskAbbott. Preference will be given to those
questions submitted as videos rather than texts.
17. Q: What is the Families First Coronavirus Response Act?
o A: The Families First Coronavirus Response Act(the "Act")is a federal law that was passed by
Congress on March 18, 2020, in response to COVID-19. The Act creates, among other things,
Emergency Family and Medical Leave Expansion Act and the Emergency Paid Sick Leave Act.
The Act provides payroll tax credits to employers to cover the wages paid to employees
under the Act, but state and local governments are not eligible to claim these credits. The
law goes into effect on April 2, 2020, and the Department of Labor is required to issue
guidelines within 15 days to assist employers in calculating the amount of emergency paid
sick time.
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Evictions Updates (provided by the Fort Worth Star-Telegram)
18. Q: Can evictions proceedings be halted from occurring during the disaster declaration?
o A: The Texas Supreme Court issued on emergency order halting all evictions proceedings in
Texas through April 19. The order is effective immediately. While filings may still be made, no
trial, hearing, or proceedings may occur until after the termination date of the order. The
Chief Justice may extend the order's effective period. Exceptions may include imminent
threat of physical harm to a landlord, their employees, or other tenants, or if the tenant is
engaging in criminal activity.
County Health Updates
19. Q: Have there been any reported cases in the City of Denton?
o A: Yes. The Denton County Public Health Department has announced the first positive case of
COVID-19(Coronavirus)in the City of Denton.
The resident is a male in his 60s, and is in home isolation after a travel-related exposure.
There are nine total county-wide cases.
20. Q: Has the Denton County Medical Reserve Corps been activated? How might people volunteer?
o A: Yes. The MRC have been activated to help staff the Health Department's hotline. Further
information on the MRC, and how one may register to become a volunteer, may be found on
their web site at https://mrc.dentoncounty.gov/.
City Closures
21. Q: What additional steps are Parks and Recreation taking to help maintain safety?
o A:In abundance of caution and to maintain social distancing, Parks and Recreation will be
closing playgrounds and park restrooms, effective Friday, March 20, 2020. They will remain
closed until further notice.
While use of playgrounds is restricted, open space parks and trails are open and we urge you
to actively practice social distancing by keeping 6 feet away from other users.
Transportation
22. Q: How is the Denton County Transit Authority responding?
o A:In response to the novel coronavirus also known as COVID-19 health emergency, the
Denton County Transportation Authority(DCTA) will close the Downtown Denton Transit
Center(DDTC)effective Wednesday, March 18, 2020, at 7 p.m. The DDTC lobby and
restrooms will also remain closed until further notice. Customer service will remain open and
is available to assist passengers with questions at 940.243.0077. DCTA encourages riders to
sign up for Rider Alerts and follow the agency on Facebook and Twitter to receive real-time
information regarding facility closures and service modifications. Individuals purchasing
passes from the DDTC ticket window will be permitted to enter the lobby for purchases only.
Ticket window and customer service hours will remain:
■ Monday through Friday from 5 a.m. to 7 p.m.
■ Saturdays from 8 a.m. to 4 p.m.
■ Closed on Sundays
For more information about DCTA during the COVID-19 health emergency, visit RideDCTA.net.
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School Meals
23. Q: With Denton ISD extending school closures through April 3, how can students have access to
meals?
o A:Beginning Thursday, March 19, the district will begin delivering lunches via Denton ISD
school buses. This is in addition to the meals currently being served at 15 campus locations.
Buses will arrive by 12 noon at each location, with a few buses making a second stop around
12:45 p.m. This will be a carry-out service only. A student must be present to pick-up a
lunch. No student ID is required. To see the stops and meal service locations, please visit our
website at www.den tonisd.orgImeals.
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COVID-19 Questions
Monday, 3-16-2020 @ 7:00 p.m.-Please note that information continues to change rapidly.
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HEALTHCARE AND TESTING QUESTIONS
Healthcare Provider Questions
1. Q: What do people do if they cannot afford or otherwise access a physician?
o A:Residents unable to afford or access a physician are encouraged to call the Denton County
Public Health Department(DCPH) at(940)349-2900. DCPH will provide alternative options,
which may include a referral to a low-cost health care provider.
2. Q: Are hospitals prepared?What happens if they become overloaded?
o A: The actions that are being taken at the federal, state, and local levels are intended to
reduce the spread and prevent overload of hospitals and healthcare providers. State
authorities are preparing for mobile sites with local health authorities. Site locations and the
order of locations will depend upon resources and areas of outbreak.
Testing Questions
3. Q: How many tests have been performed in Denton County?
o A:Guidelines for COVID-19 testing are set by the Centers for Disease Control and Infection
(CDC), and as the situation evolves, the criteria are rapidly changing. Health care providers
use these guidelines to order tests based on patients'symptoms and potential exposure.
Currently, testing is being provided by state public health laboratories and private medical
laboratories. While Denton County Public Health does not track the number of tests
performed in the County, they would track positive COVID-19 tests. Residents are advised to
consult their physician if they feel unwell or believe they have been exposed to COVID-19.
4. Q: What is being done to increase testing?
o A: The guidance, procedures, and availability for testing from federal, state, and local health
officials continues to change daily as the situation evolves and as increased resources are
provided from federal, state, and local health authorities. In an attempt to provide some
information in sequence from official sources, staff sent out this document to Council on
Saturday, March 14 and posted it to the City's website.
CITY RESPONSE AND OPERATIONS QUESTIONS
Emergency Plan and Response
5. Q: How does the City plan and prepare for emergency response?
o A: The City is a FEMA Emergency Management Performance Grant community with an
Advanced Level Emergency Management Plan and Program. This classification and required
activities allow the City to be eligible for homeland security and other federal preparedness
grants. The City works closely with community stakeholders such as the health department,
universities and DISD, healthcare partners and public and private partners. These activities,
such as meetings,facility tours, training opportunities, and participation in local and regional
exercises, are coordinated via the City's emergency management office. The City's
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Emergency Management Plan is based on guidance set forth by the Texas Division of
Emergency Management(TDEM). The Basic Plan and functional annex development are a
collaborative effort with internal and external stakeholders. The current version was
approved by TDEM on August 15, 2018 and is good for a period of 5 years. The City's
Emergency Management Program has a member assigned to the Denton County Health
Department's Communicable Disease Response Team and is in regular contact with health
department staff to coordinate plans, training, and programs.
6. Q: What is being done?
o A: The City coordinated and hosted a COVID-19 Summit on February 7, at the early stages of
the China outbreak, with city staff and community stakeholders. Guest speakers were from
the Denton County Health Department sharing the latest information on the COVID-19.
Weekly team meetings were initiated to coordinate public information with staff and
community stakeholders. The City's Emergency Operations Center(EOC) was activated on
Friday morning, March 13, to provide a centralized location to coordinate activities, which
includes operational considerations, resource ordering and tracking, Incident Action Plan
development, public information, and cost tracking through the finance section. Staff are
participating in conference calls through the Department of State Health Services, Texas
Division of Emergency Management, and local and reginal stakeholders to obtain the latest
guidance and direction. Emergency plans have been initiated, a local disaster declaration has
been declared, and the latest information is being obtained from federal, state, and local
partners for this evolving situation.
City Cancellations and Closures
7. Q: Where do I find a central spot for information on City cancellations and closures?
o A:Information on the City of Denton's cancellations or closures is available at
www.cityofdenton.com/coronavirus
o Local event cancellations for non City-sponsored events can be found on the Discover Denton
website:www.discoverdenton.com/travel-advisory-covid-19/
o The Denton Record Chronicle also has been featuring articles on their site:dentonrc.com/
8. Q: Where can I find more information about the Parks & Recreation and Libraries cancellations and
closures?What can my family and I do for entertainment or leisure during this time?
o A:Parks and Recreation and Libraries sent out mass email communications to their
customers on Sunday, March 15 to answer some of the questions they've received. Those
emails are posted on the City's website here.
Both Parks and Recreation and Libraries staff are working on digital options and sharing
home-based activities.
City Operations and Staffing
9. Q: What are plans for staffing?
o A: The City is currently reviewing its Emergency Operations Plan and Business Continuity
plans with departments. While discussions are ongoing, the City will seek to limit face-to-
face staff meetings and utilize telecommuting on a temporary basis for those positions
where it is both feasible and sensible.Also during this time, department leadership are
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ensuring that sufficient redundancy is in place so that essential city operations and services
can continue.
10. Q: What online services are provided for by the City?
o A: The City provides numerous online services including utility bill payments, employment
applications, building permits, open records requests, among many others. Residents are
also encouraged to use the Engage Denton webpage or app to report issues such as street
light outages or to engage with the City on any number of other concerns.
Municipal Court Proceedings
11. Q: How are Municipal Court proceedings impacted?
o A:In-person Municipal Court proceedings have been suspended until Wednesday,April 1, per
advisory from the Texas Office of Court Administration. This information was included in the
press release sent on Friday, March 13 at 1 p.m.
Police Operations
12. Q: What is Denton PD doing to protect officer safety and minimize exposure or spread?
o A:Beginning at 6 a.m. Sunday, March 15, Denton PD temporarily changed its response
protocol for non-emergency calls.An additional phone line has been activated, (940)349-
8173,for all non-emergency situations where a report can be taken over the phone.
Additionally, the front lobby of the police department is closed until further notice out of an
abundance of caution during the City's COVID-19 response.A press release was sent out on
Sunday, March 15, with more information.
Denton PD has also developed contingency operational, staffing, and logistics plans for the
Department.
13. Q: What is Denton PD doing to avoid an outbreak or deal appropriately with an outbreak in our city
jail? Have cite and release protocols for low-level offenses been implemented?
o A:A deep cleaning has been done in the jail and will be done as needed. Chief Dixon has also
directed officers to make arrests for Class C offenses as a last resort, if all other methods
have failed.Arrests for Class C warrants have been suspended, and PD will not be confirming
on out of jurisdiction Class C warrant arrests. This will greatly reduce individuals coming into
our PD and jail facility and will limit officers'exposure. Other offenses that cannot be
released will still continue to be custody arrests.
Fire Operations
14. Q: What is the Denton Fire Department doing to minimize exposure to firefighter/paramedics?
o A:Beginning Saturday, March 14, Denton Fire placed into service a quick response squad and
an additional ambulance that will solely respond to potential COVID-19 calls for service.
These units stock the CDC approved personal protective equipment(PPE) to prevent
transmission of the virus. The implementation of these specialized units will reduce the
amount of Fire personnel potentially exposed along with creating a more controlled issuance
of a limited amount of available PPE.
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14
COMMUNITY RESPONSE AND RESOURCES
Schools and Universities
15. Q: What are the universities doing?
o A:Information is available on TWU's website here:www.twu.edu/coronavirus
o Information is available on UNT's website here:www.healthalerts.unt.edu/coronavirus
16. Q: What is Denton Independent School District(DISD) doing?
o A:Staff continues to coordinate and work closely with Denton ISD. Information from Denton
ISD is available at www.dentonisd.org/covidl9, including closure information and
information on free breakfast and lunch being served to children during the closure.
17. Q: What if parents need assistance with childcare?
o A:Some efforts have been started in the community to help parents who are in need with
assistance for childcare during this time.
■ From Grace Like Rain: "3/15-Grace Like Rain;along with many other non-profits
and churches, has joined together to offer assistance to our families with children
who still have to go to work during this time of school closures. We are opening
several sites to offer childcare for families in the area who have no other options.
GLR will be keeping all sites small and will be following all recommended guidelines
for cleaning and health. Please join us as a volunteer in this effort to assist our
neighbors in these uncertain times. Please email info@glrtx.org if you have any
questions and or concerns."
Vulnerable Populations
18. Q: What are we doing at the Senior Center? How can we stay connected or provide resources to
seniors?
o A: The Senior Center has been closed as of Saturday, March 14th. The center began to see a
decline in visitors over Thursday and Friday prior to the closure presumably from members
taking their own precautions in social distancing. Parks and Recreation staff is currently
working on interactive activities that will posted online for all residents to access, including
seniors, to stay active and engaged. The Senior Center staff is also performing "check-ins"
with members of the Senior Center by calling to see how they are doing, if they are in need of
any services, and letting them know how to get the most up-to-date information during this
time.Additionally, SPAN will continue to use the Senior Center and the Martin Luther King Jr.
Recreation Center as delivery hubs for their Meals-on-Wheels program to ensure seniors
continue to receive their service.
19. Q: What services/resources will be available to get meals, medications, etc to the elderly and/or
disabled in the event caretakers are not able to go to them?
o A:City Staff is coordinating with local nonprofits to assess the nonprofit capacity and any
planning for community responses in a number of public services areas primarily for the
purpose of referral but also in in preparation regarding any COVID-19 related emergency
financial response efforts if and when they develop. (duplicated below in Shelter section)
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As of Monday, 3/16/20
15
Social Gatherings
20. Q: What is prohibited at this time?
o A:On Friday, March 13, Mayor Chris Watts signed a declaration of local disaster for public
health emergency to minimize the potential impact of COVID-19 in the City of Denton. Mayor
Watts also issued an order prohibiting mass gatherings of 250 people or more in the City of
Denton, effective from 5 p.m. Friday, March 13 until 5 p.m. Friday, March 20. This order may
be extended by the Denton City Council. The Council is scheduled to meet on Tuesday, March
17.
21. Q: What is the guidance on social gatherings?
o A:DCPH released a post on Facebook on Saturday, March 14 advising the following:
■ "DCPH urges you to follow the recommendation and keep your family home, away
from social gatherings. The term "social distancing"refers to:
•Avoiding groups of people and large events
•Staying 6 feet away from other people, when possible
• Foregoing handshakes and high fives
• Using online transactions
•Avoiding close contact with people who are sick
• Businesses, organizations, universities, and school districts choosing to close
schools, cancellation of events, or requesting that employees and students stay
home
You are being asked to do this because social distancing helps to slow the spread of
COVID-19. Even if you do not fall into a high-risk category, remember many others
do."
o The CDC has further advice here for how to mitigate:www.cdc.gov/coronavirus/2019-
ncov/community/index.html
Shelters
22. Q: What are the local shelters and food kitchens doing?
o A: The Executive Director of MKOC is presenting mitigation strategies to the Board on
Monday. MKOC has had direct contact with the Denton County Health Department. DCPH
dropped off information sheets that MKOC has posted and MKOC has printed copies to share
with clients as they check in to cover the risk and techniques to reduce the spread of the
virus.
o MKOC has a plan to:
■ Implement strategies to limit physical/proximity contact between volunteers and
clients during times such as meal service and provision of sanitary supplies in the
evening;
■ Wellness intake assessment to include checking for fever or other symptoms;
■ Creating quarantine area in the front family sleeping room and/or front dining area
as needed;
■ Coordinating with the Denton County Health Department to have the health
department provide testing if someone is suspected of having the virus,
■ Increase in cleaning schedules/protocols;and
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16
■ Maintaining daily contact with TSA and ODB including planning for a scenario if ODB
has to close and food delivery is not available.
o Salvation Army has comprehensive infectious disease protocols and educational materials.
■ Referral For Medical Evaluation—Bus passes will be provided to those being referred
■ Disinfection Checklist that is in practice at our Denton Shelter
■ FAQ Documents in English and Spanish
Screening-Anyone entering the SA facilities are being monitored closely and are being
asked if they are experiencing any coronavirus symptoms or if they have had any recent
medical attention.
■ Infectious Disease Prevention Protocols being used
■ Clients& Volunteers: Question Clients entering shelter
o Are you experiencing any of these symptoms:fever, cough and difficulty
breathing?
o Have you been exposed to someone with these symptoms?
■ Distancing of 3 to 4 feet for those in the queue for shelter check-in or community
dinners.
■ Shelter is maintaining a very detailed cleaning schedule to stay in compliance with
TB protocols that have been in place for over a decade. Will continue to have
elevated cleaning regimens with a focus on high-traffic areas/surfaces such as doors,
door handles, reception areas, doors/rails and railings. All high traffic areas are
cleaned once an hour. Additionally, staff are required to disinfect residential
program areas at least four times a day.
■ Shelter is identifying an area that can be transitioned into an isolation or quarantine
section. Shelter does not plan to shut down operations however some services may
temporarily be suspended
o The Executive Director of Our Daily Bread was out last week and we are waiting to hear
further information.
o City Staff is coordinating with local nonprofits to assess the nonprofit capacity and any
planning for community responses in several public services areas primarily for the purpose
of referral but also in in preparation regarding any COVID-19 related emergency financial
response efforts if and when they develop.
ASSISTANCE QUESTIONS
Assistance to Residents in Need
23. Q: Can the City suspend utility disconnections during the emergency?
o A: The City of Denton is working to assist residents experiencing hardship due to COVID-19
and its economic impacts. Utilities including electricity and water will not be discontinued,
even if a bill is paid late. If any resident receives a courtesy call stating their services are
scheduled to be interrupted, call the Utilities Customer Service at(940)349-8700.
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17
24. Q: Are private utilities offering something similar to suspend disconnections?
o A:Atmos has suspended natural gas disconnections. If a resident needs assistance in paying
their natural gals bill, please direct them to visit this link:
https://www.atmosenergy.com/customer-service/get-help-paying-your-bill
25. Q: Can evictions or foreclosures be suspended during the emergency?
o A:Denton County issued its declaration of emergency on Friday, March 13. The Denton
County District Court and County Courts issued temporary orders implementing the state
OCA's guidance. It is important to note that the Denton County Justice Courts, either
individually or as a group, have not yet issued temporary orders indicating that they will
follow the lead of the county's senior courts in implementing the state OCA's guidance. The
Justice Courts is where evictions take place.As of now, one should consider that it is business
as usual until one hears otherwise.
26. Q: What can the City do to assist individuals who may be out of work or at-risk of homelessness due
to COVID-19?
o A: Under the City's disaster declaration and order, the City Manager has the authority to
expend up to$50,000 to the United Way of Denton County to provide a fund for assistance
to individuals who have lost work due to COVID-19 impacts in order to prevent against
eviction or homelessness. UWDC is working on guidelines and procedures should the fund be
established.
Assistance to Businesses in Need
27. Q: What can be done to assist businesses during this period?
o A:City staff is working on a communication to Denton businesses, including a resource
website page and materials. There may be resources available to businesses through federal
and state emergency declarations. More info to come.
o Many local businesses are making adjustments to how they serve customers during this
time. This may include changing hours, moving to online transactions, or providing delivery
of goods so that residents can continue to shop local. Most businesses maintain a website or
social media pages and are regularly posting information about any changes they are
making, cleaning efforts, and more. In addition, staff have distributed the attached flier to
businesses and made it available through the City's social media channels and website. The
flier links to the numerous resources that are available through federal and state agencies.
o Businesses should also keep apprised of legislative changes that could impact them moving
forward.Additional legislation and guidance is expected during this evolving situation. The
Economic Development department is available to answer questions or assist businesses
access resources. The "Families First Coronavirus Response Act"(HR 6201)has been
approved by the House of Representatives, and is now waiting action in the Senate.
Businesses should monitor this progress of this bill and review how it may impact their
operations.
■ https://appropriations.house.gov/news/press-releases/house-passes-families-first-
coronavirus-response-act
■ Bill summary:
https://appropriations.house.gov/sites/democrats.appropriations.house.gov/files/F
amilies%20First%20Summary%20FINAL.pdf
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18
o The SBA has a significant amount of information and resources for small businesses.
Businesses are encouraged to visit the following websites to learn what resources are
available:
■ https://www.sba.gov/disaster-assistance/coronavirus-covid-19
■ https://www.sba.gov/funding-programs/disaster-assistance
o Residents are encouraged to shop local to the extent feasible. Locally-owned small
businesses will be more severely impacted by the current economic environment. As long as
it is safe for consumers, consider choosing a locally-owned small business to buy needed
goods and services.
o The U.S. Chamber of Commerce also has excellent resources for businesses and is actively
advocating for additional relief for businesses and providing resources for businesses to use
during this time. This includes information and customizable posters and graphics for
businesses to share with customers and how to respond to questions from employees and
customers.
■ https://www.uschamber.com/
■ https://www.uschamber.com/coronavirus
■ https://www.uschamber.com/coronavirus-response-toolkit
28. Q: How can I post advisories in my place of business or communicate to employees and customers
regarding COVID-19 information?
o A:Staff recommends business owners visit the Texas Department of State Health Services
(DSHS)site for a communication toolkit and resources that may be helpful:
www.dshs.state.tx.us/coronavirus/tools.aspx. Businesses can also visit the US Chamber of
Commerce resources https://www.uschamber.com/coronavirus-response-toolkit
29. Q: What fees and permits do we have that can be suspended that could help local businesses during
this time?
o A:City staff can evaluate if direction is received from City Council with some parameters of
what should be evaluated and what are the goals.
30. Q: Can we ask our federal lobbyist if money is available? If so, how can we get it?
o A:Staff have inquired with the City of Denton's federal lobbyist. We are awaiting a response
and will share an update when available.
COMMUNICATIONS
Public Information
31. Q: What tools for communications are being used to reach the most people?
o A:City staff are using all communication channels available including but not limited to
press releases, website page of www.cityofdenton.com/coronavirus, all social media
channels, email distributions, and signs at facilities. City staff highly encourage residents to
follow the City's social media channels or website for the latest information and to help
reshare to reach more in our community.
32. Q: How will we address accessibility/language barriers in communications?
o A:Staff has been rapidly drafting, developing, verifying, and releasing information as its
available, so the primary goal has been to distribute and release efficiently. Staff will work to
have the most pertinent info from the City to be translated. Staff has also been sharing
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19
resources from Texas DSHS which are both developed in English and Spanish and sharing the
state and federal websites and resources which are available in multiple languages.
33. Q: Who can I call for more information?
o Denton County Public Health-Denton County Public Health will open a call center on
Monday, March 16th for Denton County community members needing more information
about COVID-19. You can reach the team at(940) 349-2585 weekdays from 8AM to 5PM,
and community members can call to obtain information about coronavirus or get questions
answered. The call center team will not be able to provide diagnosis or individual clinical
advice. If you are ill, please contact your healthcare provider.
o Texas Department of State Health Services—Questions about COVID-19?Starting 3114, dial
2-1-1 and then choose option 6. Hours: 7:00 a.m. —8:00 p.m., 7 days per week.
34. Q: Where can I find more information?
o City of Denton-www.cityofdenton.com/coronavirus
o Denton County Public Health—www.dentoncountV.gov/coronavirus
o Texas Department of State Health Services-www.dshs.texas.gov/coronavirus/
o Centers for Disease Control—www.cdc.gov/coronavirus
COUNCIL MEETINGS AND ELECTIONS
Council Meetings
35. Q: How will Council meetings be handled?
o A: To protect the health and safety of the community and City employees and help minimize
the potential spread of COVID-19(Coronavirus), the City will put into place new procedures
for City Council meetings while the Declaration of Local Disaster is in effect. A press release
on Monday, March 16 was distributed with more details.
Voting and Election
36. Q: Have there been any changes to municipal election or voting procedures?
o A:At this point, per the Denton County Elections Administration office, it is proceeding as
planned. The County is waiting to see if locations will be open for the election periods in
various municipalities. The County has also ordered additional cleaning and sanitation
supplies for voting period. The County also reminded that paper ballots are used which limits
the extent of communal items that need to be touched by any voter.
Staff will keep Council informed of any news from the State of Texas or Denton County which
would impact municipal election.
Page 14 of 14
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20
Date: March 20, 2020 Report No. 2020-025
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
City Attorney's Response to Richard Gladden's Letter
BACKGROUND:
The City Attorney is responding to attorney Richard Gladden's article where he claims the City
Attorney provided the Denton Police Chief erroneous and illegal advice in connection with the
Darius Tarver incident.
DISCUSSION:
NOTE: The City Council has authorized this Informal Staff Report and has provided a limited
waiver of the Attorney-Client Privilege as to facts and legal opinion expressed herein.
The Monday, March 9, 2020 edition of the Denton Record-Chronicle included an article in the
Opinion section entitled, "City Attorney's Bodycam Advice Was Not Legal." This article was
penned by Richard Gladden, a local criminal defense attorney. His article addressed Council
Member Armintor's request to view the Denton Police Department body camera videos depicting
the police shooting of 23-year old University of North Texas student Darius Tarver. According to
Mr. Gladden, he claims that the City Attorney advised the Police Chief to disallow Council
Member Armintor from viewing these videos unless the Denton City Council "collectively" gave
its permission first." According to Gladden, such legal advice was erroneous and illegal.
In support of his opinion, Gladden wrote that since 1983 the Texas Attorney General has opined
that under Texas law "a member of a governing body has an inherent right of access to the
records of that body when requested in the member's official capacity and for the member's
performance of official duties." Thus, in his opinion Council Member Armintor should have
been allowed to view the body cam videos of the Darius Tarver incident. However, his opinion is
incorrect, because Gladden assumed that Council Member Armintor's request was made in her
"official capacity" and related to the "performance of official duties" as a Council Member. The
facts in this case show otherwise.
A. A Council Member's Inherent Right to View City Records is not Absolute.
I agree with Gladden's recitation of the Attorney General's legal opinion concerning a council
member's inherent right of access to City records. In fact, I have previously advised the Denton
City Council of this right since being appointed as City Attorney. Members of a governing body
making such requests are not treated as members of the public under the Texas Public Information
Act. The reason is two-fold. First, the governing body is responsible for the governance and
21
Date: Report No.
control of the governmental entity. Second,under the Texas Public Information Act,the governing
body is charged with the duty of preserving and maintaining information.
However, such a request is subject to two criteria that must be met. The request must be made in
the council member's "official capacity" and in furtherance of their "performance of official
duties." The Texas Attorney General has made it clear that these two criteria must be met. Texas
Attorney General Opinion KP-021 (Ken Paxton, 2015);Texas Attorney General Opinion KP-0186
(Ken Paxton, 2018); Texas Attorney General Opinion GA-0138 (Greg Abbott, 2004); see also
Open Records Decision No. 15914(Tex.A.G.,2010).1 The takeaway from these Attorney General
opinions and Open Records Decision is that the Attorney General recognizes that a request to view
documents made by a member of a governing board should not be automatically treated as being
made in the member's "official capacity" and in furtherance of"performing their official duties."
The facts surrounding the request need to be closely analyzed to determine that the request was
made either pursuant to the member's"official"or"individual"capacity;the latter which is treated
like any other Public Information Act request made by a member of the public.
a. "Official Capacity"
CM Armintor's email request of Chief Dixon to view to the body cam videos was made on March
1, 2020. There was no indication in her email that she was making the request in her "official
capacity" as a Council Member. However, there were several known facts, both before and after
the date of her request, that demonstrate that she was not making the request in her "official
capacity." For example, prior to her March I' email, she sent an email to the City Manager and
Police Chief on February 20th requesting that the videos be released during the Texas Rangers'
investigation. In her February 20th email, she did not indicate that she was requesting the videos
in her capacity as a Council Member. Instead, she wrote that she was making the request on the
basis of Darius Tarver's father's claim, after viewing the videos, that his son was not holding a
meat cleaver, did not attack the police, but instead was attacked by them. She further added that
she wanted the videos released so that the "public can see for themselves." The contents of this
email were also included in her letter that appeared in the February 18th edition of the Denton
Record Chronicle.
On February 29th, Council Member Armintor appeared and spoke at a protest across the street from
the Denton Police Station. She later wrote on her Facebook page that she had spoken at the protest
in support of the request to release the videos. Shortly before the protest, Council Member
Armintor created a petition on Change.org calling for the release of the body cam videos. She
posted on her Facebook page that she had obtained over 1,500 signatures in support of the petition.
Finally, CM Armintor had some meetings with Darius Tarver's family and attorney, Lee Merritt
(as disclosed in more than one in her Facebook posts) regarding the Tarver incident. On one
occasion, a local news channel (KDFW Fox 4 — Dallas) interviewed both CM Armintor, the
Tarvers and Lee Merritt; portions of which were aired on the channel's nightly news. After her
1 In ORD No. 15914,the Attorney General's Office analyzed whether a council member's request
for information was made under her"official"or"personal"capacity pursuant to the law applicable
to each scenario, since there were not sufficient facts to make a definitive determination.
22
Date: Report No.
March I'email request, CM Armintor left her post to walk out of the March 3nd Council Meeting
to protest with individuals who had demanded that the videos be released during the Public
Meeting portion of the Council's meeting. On March 11, 2020, Council Member Armintor
submitted another written demand to the City Council to see the additional documents involved in
the Tarver criminal investigation. On March 17, 2020, Council Member Armintor's attorney,
Richard Gladden, wrote the Council advising them that if they refused her request, he would file
a lawsuit against the City.
These actions undertaken by CM Armintor before her March 1" email request are both adverse to
the official position taken by the City through its Police Chief, and detrimental to the ongoing
criminal investigation. The Police Chief had advised Council that the investigation was being
conducted by the Texas Rangers, and it was his desire to maintain the integrity of a thorough and
unbiased investigation. He did not want to undermine that integrity by releasing the videos until
the Denton County Grand Jury ruled on the matter. Council Member Armintor did not agree with
the Police Chief s position and instead openly advocated against it through her actions and later
through her private attorney, Richard Gladden. She has become one of the leaders advocating
against the City in this matter. In essence, she has abandoned her role as a Council Member elected
to serve all of the citizens of Denton. She has become an activist undermining the City Police
Chief s official position concerning the investigation, as well as undermining the legal advice of
the City Attorney.
This is not the first time CM Armintor has chosen to align herself in support of individuals with
claims as against the City. She has met with, and advocated for, a former employee in connection
with the employee's racial discrimination lawsuit against the City. Prior to this meeting, Council
Member Armintor was in possession of two confidential attorney-client privileged City Attorney
legal opinions concerning the merits of the former employee's lawsuit. In another case, she
attempted to obtain confidential documents behind the City Attorney's back to provide them to a
member of the public who was upset that the City had filed a request to the Texas Attorney General
to rule on whether the documents were confidential and excepted from disclosure. The Attorney
General ruled in the City's favor. Further, in the Tarver incident, and in at least a couple of past
controversial incidents, she has sought the legal advice of a private attorney each time she
disagreed with the City Attorney's legal opinion. Given her actions in the Tarver matter and her
past history, it was reasonable to conclude that her request was not made in her"official capacity",
but rather as a member of the public. Instead of requesting a ruling from the Attorney General
pursuant to the process set forth under the Texas Public Information Act, my advice to the Police
Chief and City Manager was to submit this to Council for their consideration and consent in a
future closed session.
a. "Performance of Official Duties"
There was nothing in CM Armintor's March 1st email that indicated her request was necessary and
related to the performance of her official duties as a Council Member. For example, if the request
had been made to view the Police Department's budget to determine whether funding is sufficient,
then arguably that is a request related to the performance of her official duties of reviewing and
approving the PD's budget. However, based upon the facts described in the "Official Capacity"
23
Date: Report No.
section above, there is nothing to support such a claim. Moreover, CM Armintor posted on
Facebook that the reason for her request was that she had been asked by the Tarver family to view
the videos. Finally, it is important to note that the videos are part of an on-going criminal
investigation conducted by the Texas Rangers in coordination with the Denton County District
Attorney's Office.
When the Police Department conducts criminal investigations, they are acting on behalf of the
State of Texas. These criminal investigations and criminal charges will never be brought to the
Council for consideration. They are instead brought to the District/County Court for prosecution.
It is very difficult for CM Armintor to argue that the "performance of her official duties" includes
viewing the videos that are part of a criminal process that no other Council Member or the entire
Council has any involvement with or control over. As such, it was reasonable to conclude that her
request was not in furtherance of performing her official duties as a Council Member. So instead
of requesting an AG Letter Ruling pursuant to the Texas Public Information Act, my advice to the
Police Chief and City Manager was to submit this to Council for their consideration and consent
in a future closed session.
b. Gladden Fails to Address "Official Capacity" & "Performance of Official Duty"
Criteria
Gladden did not address these two criteria in his article. It is possible that Gladden did not have
all of the above facts. Or perhaps they were made available, as they were easily accessible on
social media and websites, and he simply chose to ignore them. He used three Texas Attorney
General opinions as support for his legal conclusion, yet he failed to point out that these same and
other Texas Attorney General opinions recognize the inherent right to view City records is not
absolute. He failed to include any facts to support that Council Member Armintor's request was
made in her"official capacity"and in the furtherance of her"performance of official duties." Thus,
his legal conclusion that I provided the Police Chief with erroneous and illegal advice is without
merit and simply false.
STAFF CONTACT:
Aaron Leal, City Attorney
Aaron.lealkc ityo fdenton.com
(940) 349-8333
REOUESTOR: City Attorney
PARTICIPATING DEPARTMENTS: City Attorney's Office
24
Date: March 20, 2020 Report No. 2020-026
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
FY 2018-19 Comprehensive Annual Financial Report and annual audit.
BACKGROUND:
Attached are documents related to the 2018-19 Comprehensive Annual Financial Report and
annual audit. These items were presented to the Audit and Finance Committee on March 17,
2020.
Each year, the City hires an independent accounting firm to conduct an audit of the City's basic
financial statements. The purpose of the audit is to express an opinion as to whether the City's
financial statements present fairly, in all material respects, the financial position of the City. The
annual audit report is comprised of four major components: 1) the Comprehensive Annual
Financial Report (CAFR), 2)Management Letter(when appropriate), 3) Single Audit, and 4)
Auditor's Communication to the Audit Committee.
The CAFR represents the entire financial position of the City, specifically for the fiscal year
ending September 30, 2019. The document includes the independent auditor's opinion of
management's representations within the annual report. The auditors have provided the City a
clean opinion (unmodified), which means that in the opinion of Pattillo, Brown&Hill, L.L.P.,
the City's financial statements present fairly, in all material respects, the financial position of the
City. A clean or unmodified opinion is the best opinion that may be rendered in an audit of the
financial statements. The audit specifically included the following items:
• Audit of the City's CAFR in accordance with generally accepted auditing standards.
• Performance of a Single Audit, which is an audit of the City's expenditures of State and
Federal grant awards.
• An evaluation of the City's internal control over financial reporting.
The auditor's examination of internal controls was conducted at a level sufficient to gain an
understanding of the internal control structure to determine the nature, timing, and extent of audit
procedures. The auditors did not perform an audit of internal controls, but performed limited
tests of internal controls for the purpose of providing an opinion on the financial statements.
Additionally, the auditors examined, on a test basis, evidence supporting amounts and
disclosures in the combined financial statements. The City did not receive a management letter
as there were no material weaknesses or recommendations for strengthening controls identified.
The following points are highlighted as key financial information from the CAFR:
1. Overall positive financial results
2. Unassigned General Fund balance
25
Date: March 20, 2020 Report No. 2020-026
• $30.6 million
• 23.7% of FY 2018-19 final budgeted expenditures
• $1,659,557 increase from prior year.
3. Unrestricted Net Position of Enterprise Funds (Utilities, Solid Waste, and Airport)
• $164.1 million
• $2.1 million decrease from prior year.
Representatives from Pattillo, Brown& Hill, L.L.P. presented the attached presentation to the
Audit and Finance Committee.
ATTACHMENT(S):
1. FY 2018-19 CAFR
2. Single Audit Report
3. Auditor's Communication
4. Auditor's Presentation
STAFF CONTACT:
David Gaines, Director of Finance
(940)-349-8260
David.Gaine sAcityofdenton.com
REQUESTOR:
Regular report
PARTICIPATING DEPARTMENTS:
Finance
26
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FISCAL YEAR ENDING SEPT. 30, 2019
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CITY OF
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27 TEXAS
CITY
OF
DENTON
CITY
OF
DENTON
VISION
"Destination Denton"
Denton is an identifiable and memorable destination and a community of
opportunities.We achieve this by providing high quality of life through
excellence in education, entertainment, and employment; neighborhood
vitality and sustainability; environmental and financial stewardship; and
superior public facilities and services.
MISSION
"Dedicated to Quality Service"
The City of Denton will foster an environment that will deliver extraordinary
quality service and products through stakeholder, peer group, and citizen
collaboration; leadership and innovation; and sustainable and efficient use of
resources.
VALUES
"We Care"
We care about our people, our community, and our work.We do this with
integrity, respect, and fairness.
29
CORE VALUES
INTEGRITY
41 Making sure that with every decision we make, our actions match our values.
FISCAL RESPONSIBILITY
® Ensuringthat people can trust that we use public funds conscientiously,with the
p p p Y
community's best interest in mind.
TRANSPARENCY
•' Building an environment of trust by interacting with others honestly as well as
collecting and sharing clear and concise information.
OUTSTANDING CUSTOMER SERVICE
Employing a holistic approach to problem-solving and providing responsive
service that goes above and beyond expectations.
30
CITY OF DENTON, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the fiscal year ended September 30, 2019
CITY MANAGER
Todd Hileman
CHIEF FINANCIAL OFFICER
Antonio Puente,Jr.
Prepared by:
David Gaines
Director of Finance
Harvey Jarvis
Controller
Brian Hogan,CPA Cody Wood
Assistant Controller Assistant Controller
Mary Dickinson Ed Lane,CPA
Electric Business Manager Senior Accountant
Kurt Breyfogle Catherine Bai,CPA
Senior Accountant Senior Accountant
Cindy Liang,CPA Katy Magee,CPA
Senior Accountant Accountant
Jenny Wang,CPA Lori Allen
Accountant Accountant
Nicholas Vincent Nancy Towle
Assistant Director of Finance Treasury Manager
31
City of Denton, Texas
Comprehensive Annual Financial Report
For Year Ended September 30, 2019
TABLE OF CONTENTS
Page
INTRODUCTORY SECTION(UNAUDITED):
TransmittalLetter.................................................................................................................................................i
OrganizationalChart........................................................................................................................................viii
Certificateof Achievement.................................................................................................................................ix
Listof Principal Officials.....................................................................................................................................x
FINANCIAL SECTION:
IndependentAuditor's Report..............................................................................................................................1
Management's Discussion and Analysis .............................................................................................................5
Basic Financial Statements:
Government-wide Financial Statements:
Statementof Net Position.....................................................................................................................17
Statementof Activities..........................................................................................................................18
Fund Financial Statements:
Governmental Fund Financial Statements:
BalanceSheet.................................................................................................................................20
Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position....21
Statement of Revenues,Expenditures and Changes in Fund Balances..........................................22
Reconciliation of the Statement of Revenues,Expenditures, and Changes in Fund Balances
of Governmental Funds to the Statement of Activities..............................................................23
Statement of Revenues,Expenditures and Changes in Fund Balance—Budget to Actual
GeneralFund...............................................................................................................................25
Proprietary Fund Financial Statements:
Statementof Net Position...............................................................................................................26
Statement of Revenues,Expenses and Changes in Fund Net Position..........................................30
Statementof Cash Flows................................................................................................................32
Agency Fund Financial Statements:
Statement of Assets and Liabilities................................................................................................34
Notes to Basic Financial Statements...........................................................................................................35
Required Supplementary Information:
Schedule of Changes in Net Pension Liability and Related Ratios—Texas Municipal Retirement
System—Last Four Fiscal Years....................................................................................................87
Schedule of Contributions—Texas Municipal Retirement System—Last Ten Fiscal Years......................88
Schedule of Changes in Net Pension Liability and Related Ratios—Denton Firemen's Relief
and Retirement Fund—Last Four Fiscal Year................................................................................89
Schedule of Contributions—Denton Firemen's Relief and Retirement Fund—Last Ten Fiscal Years......90
Schedule of Changes in Total OPEB Liability and Related Ratios—Medical—Last Fiscal Year..............91
Schedule of Changes in Total OPEB Liability and Related Ratios—Texas Municipal Retirement System .
Supplemental Death Benefit Fund—Last Fiscal Year...................................................................92
Combining and Individual Fund Financial Statements and Schedules:
Schedule of Revenues,Expenditures and Changes in Fund Balances—Budget to Actual:
DebtService Fund................................................................................................................................93
Combining Balance Sheet—Nonmaj or Governmental Funds.....................................................................96
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
Nonmaj or Governmental Funds............................................................................................................98
32
City of Denton, Texas
Comprehensive Annual Financial Report
For Year Ended September 30, 2019
TABLE OF CONTENTS
(Continued)
Page
FINANCIAL SECTION(continued):
Combining and Individual Fund Financial Statements and Schedules(continued):
Schedule of Revenues,Expenditures and Changes in Fund Balances—Budget to Actual:
Recreation.....................................................................................................................................100
PoliceConfiscation......................................................................................................................101
Tourist and Convention................................................................................................................102
Street Improvement Fund.............................................................................................................103
GasWell Revenues Fund.............................................................................................................104
Citizens' Park Trust......................................................................................................................105
Combining Statement of Net Position—Internal Service Funds...............................................................108
Combining Statement of Revenues,Expenses and Changes in Fund Net Position-
InternalService Funds........................................................................................................................110
Combining Statement of Cash Flows—Internal Service Funds................................................................112
Combining Statement of Changes in Assets and Liabilities—Agency Funds ..........................................114
STATISTICAL SECTION(UNAUDITED):
Table
1 Net Position by Component....................................................................................................................116
2 Changes in Net Position..........................................................................................................................118
3 Fund Balances of Governmental Funds ..................................................................................................122
4 Changes in Fund Balances of Governmental Funds................................................................................124
5 Assessed Value and Estimated Actual Value of Taxable Property.........................................................126
6 Property Tax Rates(Per$100 of Assessed Value)—Direct and Overlapping Governments..................128
7 Principal Property Taxpayers..................................................................................................................130
8 Property Tax Levies and Collections ......................................................................................................132
9 Ratio of Outstanding Debt by Type.........................................................................................................134
10 Ratio of General Bonded Debt Outstanding............................................................................................136
11 Direct and Overlapping Governmental Activities Debt..........................................................................138
12 Pledged Revenue Coverage.....................................................................................................................140
13 Demographic and Economic Statistics....................................................................................................142
14 Principal Employers................................................................................................................................143
15 Full-Time Equivalent City Government Employees by Function/Program............................................144
16 Operating Indicators by Function/Program.............................................................................................146
17 Capital Asset Statistics by Function/Program.........................................................................................148
OTHER SUPPLEMENTAL INFORMATION:
Schedule of Expenditures—Budget and Actual General Fund..............................................................151
33
CITY
OF
DENTON
Finance Department
4W& 215 E. McKinney St., Denton, TX 76201 • (940) 349-8531
DENTON
March 13,2020
The Honorable Mayor and Members of the City Council
City of Denton
Denton, Texas
It is with great pleasure that we present to you a copy of the Comprehensive Annual Financial Report(CAFR)of
the City of Denton(the City)for the fiscal year ended September 30,2019.The purpose of the report is to provide
the City Council, management, citizens, and other interested parties with detailed information concerning the
City's financial condition.
THE REPORT
The Texas Local Government Code(§ 103.001)requires an annual audit for municipalities. In addition,the City
Charter(Section 2.13)requires a Certified Public Accountant who,as of the end of the fiscal year, shall make an
"independent audit of accounts" and prepare a report to the City Council and the City Manager. This document
fulfills the above-mentioned requirements, and the independent auditor's opinion is included in the report for the
fiscal year ended September 30, 2019.
The CAFR is presented in three main sections: Introductory, Financial, and Statistical. The Introductory Section
includes this transmittal letter, the City's organizational chart, and a list of principal officials. The Financial
Section includes the Management's Discussion and Analysis (MD&A), Basic Financial Statements, Required
Supplementary Information, Combining and Individual Fund Financial Statements, along with the independent
auditors' report. The Statistical Section and Other Supplementary Information include selected financial and
demographic information,generally presented on a multi-year basis.
The responsibility for both the accuracy of the presented information and the completeness and fairness of the
presentation of the data, including all disclosures, rests with the City, and is based upon a comprehensive
framework of internal control established for this purpose.Because the cost of internal control should not exceed
anticipated benefits,the objective is to provide reasonable,rather than absolute,assurance the financial statements
are free of any material misstatements. To the best of our knowledge and belief,the enclosed data is accurate in
all material respects and is reported in a manner designed to fairly present the results of our operations in each of
the various funds reported by the City.All disclosures necessary to enable the reader to gain an understanding of
the City's financial activities have been included.
The accounting firm of Pattillo, Brown& Hill L.L.P. has issued an unmodified opinion on the City of Denton's
financial statements for the period ended September 30, 2019. As a recipient of federal and state grant awards, a
separate audit is prepared to meet the requirements of the Single Audit Act Amendments of 1996 and related
Uniform Guidance.As a part of the City's single audit,tests are conducted to determine that the City has complied
with applicable laws and regulations related to federal awards.
Management's Discussion and Analysis (MD&A) immediately follows the independent auditors' report and
provides a narrative introduction, overview, and analysis of the basic financial statements. The MD&A
complements this letter of transmittal and should be read in conjunction with it.
PROFILE OF THE GOVERNMENT
Originally incorporated on September 26, 1866, the City of Denton is now 98.818 square miles and has an
estimated population of 129,635. The City is a home rule city and operates under the Council-Manager form of
government. The elected seven-member council consists of a Mayor and six Council Members. The Mayor and
two Council Members are elected at large, while the remaining representatives are elected from single member
OUR CORE VALUES
Integrity• Fiscal Responsibility • Transparency• Outstanding Customer Service
ADA/EOE/ADEA www.cityofden 35n.com TDD(800)735-2989
districts. The City Council enacts local laws, determines policy, and adopts the annual budget, and the City
Manager is the chief executive officer for the City.
The City of Denton is in the northern portion of the Dallas/Fort Worth Consolidated Metropolitan Statistical Area
(CMSA). The City is a part of the Dallas/Fort Worth Metroplex and is situated at the apex of a triangle based by
Dallas (37 miles to the southeast) and Fort Worth (35 miles to the southwest) providing excellent access to and
from all parts of the area.
The City provides a full range of general government services to its citizens including: public safety(police and
fire protection); public works (construction and maintenance of highways, streets and infrastructure); parks and
recreation; library;planning and zoning; economic development; and general administrative services. The City's
enterprise fund operations consist of a utility system,solid waste,and airport operations.The City's utility system
provides electric,water,and wastewater services.
The internal service operations consist of the Materials Management, Fleet Services, Risk Retention, Health
Insurance,Engineering Services,Technology Services,and Customer Service funds.The Materials Management
Fund accounts for the financing of Warehouse and Purchasing services which are provided to other City
departments.The Fleet Services Fund accounts for the financing of goods and services provided by the municipal
garage to other departments within the City.The Risk Retention Fund accounts for the accumulation of resources
for the payment of workers' compensation,general liability claims,and insurance policies.The Health Insurance
Fund accounts for administration of the self-insurance program for health coverage in the City. The Engineering
Services Fund accounts for the provision of internal engineering services to various City operations and capital
projects. The Technology Services Fund provides support for the various information and computer systems
within the City.The Customer Service Fund accounts for the financing of customer service activities provided to
the residents and businesses of the City on behalf of other departments within the City. The financial statements
presented include all government activities, organizations, and functions for which the City is financially
accountable as defined by the Governmental Accounting Standards Board(GASB).
LOCAL ECONOMY
The City of Denton's tax base continues to grow with an average growth rate of 7.39% over the last 10 years.
Recently,the City's tax base grew by 13.57%in FY 2017-18,9.70%in FY 2018-19,and 11.92%in FY 2019-20.
After property tax revenues, the second largest source of revenue in the General Fund is sales tax. Representing
approximately 33% of overall revenue in the General Fund, sales tax is a significant revenue source that is
dependent upon a variety of economic factors. For FY 2018-19, total sales tax revenues equaled $38,330,825,
which is $60,799 or 0.16%,more than the prior year collections of$38,270,026.
Increased strength in employment and growth in new residential and commercial construction are leading
indicators of continued growth in the City's property tax base and sales tax collections. The City of Denton's not
seasonally adjusted annual unemployment average rate remains below state and national levels at an average 2.9
percent in 2019. The City of Denton has issued 1,976 new residential and commercial building permits for
FY2018-19,with an estimated value of$543 million.This compares to a total of 1,749 commercial and residential
permits issued for FY2017-18 and an estimated value of$566 million.
The following two charts highlight the strength of the local economy over the last ten years by displaying the
City of Denton's unemployment rate compared to Texas and the United States and the taxable property values
per capita in the City of Denton.
ii
36
Annual Unemployment Rate for U.S., Texas, and Denton
(Not Seasonally Adjusted)
10.00%
9.00%
8.00%
7.00%
c 6.00%
U
i
a 5.00%
4.00%
3.00%
2.00%
1.00%
Denton Texas United States
Taxable Property Value Per Capita
(City of Denton)
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$0
2017 2018 2019
111
37
Fiscal year 2018-19 brought exciting news in economic development. Listed below are just a few of the
highlights:
• The Rayzor Ranch mixed-use development is located on both the north and south sides of US Highway
380 in Denton. Rayzor Ranch Marketplace, on the north side of the development, has constructed over
500,000 square feet of retail and commercial space. Sam's Club and Wal-Mart anchor the development.
New tenants at the Marketplace include: James Avery, TJ Maxx, and Tuesday Morning. The southern
Town Center continues to expand.New tenants include: IHOP,Chase Bank,Zoes Kitchen,Cotton Patch
Caf6, Massage Envy, Alamo Drafthouse, Rooms To Go, Cheddars Scratch Kitchen, and Andy B's
Entertainment and Bowling Center. These new tenants surround the Embassy Suites Hotel and
Convention Center described in more detail below. In addition, new multifamily units are under
construction and will open in early 2020.
• O'Reilly Hotel Partners Denton (OHPD) opened the 70,000-square-foot Convention Center, 318-room
Embassy Suites Hotel,and Houlihan's restaurant project in January 2018.The Embassy Suites by Hilton
is LEED Gold Certified. The Denton Embassy Suites was also designated as a "2019 AAA Inspector's
Best of Housekeeping Hotel," which ranks the hotel in the top 25% of 27,000 inspected hotels. As a
major anchor for the Rayzor Ranch Town Center,the project capitalizes on the shopping, entertainment,
and restaurants located nearby. The privately managed convention center is also expected to expand the
City's convention business and overall tourism industry.
• The Buc-ee's Travel Center, which opened in October 2018, is a commercial development that includes
an approximately 53,000-square-foot retail store, fuel sales, car wash, and outparcels for future
development. The main retail store and the associated fuel sales are open 24 hours a day, seven days a
week. The development has resulted in the Texas Department of Transportation (TxDOT) advancing
several mobility improvements to the intersections of Loop 288/Lillian Miller and 1-35E, Mayhill Road
and 1-35E, and Brinker Road and 1-35E.
• The City's airport has expanded by adding a 5,000 foot long, 75-foot wide second runaway. This project
was funded by the City and a grant by the Texas Department of Transportation—Aviation Division. The
$6.3 million parallel runway was completed in November 2019. This significantly expands the capacity
of the Denton airport which is currently the eighth busiest airport in Texas and the number one general
aviation airport in the state.
• The North Central Texas College (NCTC) completed the construction of a new campus, the First State
Bank Exchange, in downtown Denton that opened in Fall 2019. The facility is approximately 45,000
square feet with classrooms for 2,500 students including two lecture classrooms and a lecture hall. The
four-story parking garage includes 300 spaces. NCTC has a partnership with the University of North
Texas and Texas Woman's University that allows students to transfer without losing credits and gives
student the opportunity to be concurrently enrolled at all three institutions. The renovated building also
includes retail and restaurant spaces that are rapidly filling up.
• Denton was ranked number 6 by City Lab as one of America's Top 25 High-Tech Hotspots. One of the
catalysts for this growth in high-tech is Stoke, Denton's coworking space and entrepreneurial center.
Hickory & Rail Ventures took over the management of the coworking space in 2018. Their vision for
Stoke is to make it the first of many places Denton entrepreneurs can call home. The center currently has
98-members from 74 member companies. Sixty-seven events were hosted by Stoke in 2019. Some recent
examples of their success include:
➢ Team of Defenders—Team of Defenders is an IT platform company established in 2018. They
currently operate out of Stoke and estimate that they will hire 56 tech employees with a payroll
of$7M in the next ten years.
➢ Flyp—An app that allows users to operate multiple phone numbers from a single smart phone.
Users can then text and make/receive calls from those numbers, which each have a unique
ringtone and voicemail box.
➢ Upventur—Upventur is a social startup that gives outdoor enthusiasts and hobbyists a place to
connect with fellow explorers, service providers, and experts.
➢ Kubos — Kubos is a satellite software company targeting the emerging commercial space
industry. It combines quality engineering, modern software development, and mission-critical
services to serve the satellite industry.
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38
• Denton Municipal Electric(DME)has invested in infrastructure with the Denton Energy Center(DEC),
composed of twelve fast start electricity generating engines and ancillary equipment, which are able to
achieve full output in just five minutes. The DEC generates 225 megawatts of electricity and began
commercial operation in June 2018. The DEC will provide reliable energy at reduced costs for industries
that are significant consumers of electric utility services. United States Cold Storage, detailed below, is
an example of one of these industries.
• United States Cold Storage(USCS),held its grand opening in September 2019,provides its clients with
refrigerated and frozen food warehousing and transportation with 38 facilities in 13 states and 2,500
employees. In 2018, USCS closed on a 40-acre site in the Westpark Tax Increment Reinvestment Zone
(TIRZ).USCS offers storage,re-pack,case pick,distribution and transportation solutions for production
facilities in the United States and Mexico. The company estimates that it will invest $34 million in the
project and create approximately$28 million in new ad valorem value in Denton. The estimated electric
demand is 1.5 megawatts annually, which will make USCS a Top 25 customer for DME. The company
plans to create 67 new jobs by Year 3 of operations with an average salary of$36,074. In 2018, USCS
received a grant of a 50%cost share of the sales and use taxes for the construction of their new distribution
facility on a 40-acre site in the Westpark TIRZ.
LONG-TERM FINANCIAL PLANNING
In conjunction with this document, interested parties are encouraged to read the City of Denton's FY 2019-20
Annual Budget document. This document details the City's strategic plan, long-term financial policies, program
accomplishments,and other key initiatives.The document also includes the long-term financial forecasts for each
of the major funds, and a summary of the assumptions that are included in these plans. In addition, the budget
document provides an overview of the adopted Capital Improvement Program and planned future debt issuances.
The Annual Budget can be accessed through the City's web site at www.ciiiyofdenton.com and selecting Financial
Transparency under the"Open Government"link.
RELEVANT FINANCIAL POLICIES
The City of Denton maintains reserve balances for emergencies. In the General Fund,the target reserve level is a
minimum of 20%of budgeted expenditures with an additional 5%resiliency reserve for a combined total of 25%
to provide stability and flexibility for the organization. As described in the accompanying CAFR document,the
unassigned fund balance is $30.6 million, or 23.67%, of the budgeted General Fund expenditures for the fiscal
year ended September 30,2019.
Beginning in FY 2011-12, the City adopted a policy which requires a minimum ending working capital balance
(current assets minus current liabilities) of at least 8% of budgeted expenditures for the Electric, Water,
Wastewater and Solid Waste Funds. If the working capital level should fall below the desired minimum,the City
will implement necessary corrective action with a five-year plan to restore the working capital balance to 8% of
budgeted expenditures.
Additionally,rate reserve levels were established for the Electric,Water,Wastewater, and Solid Waste Funds in
FY 2011-12 according to the unique operational aspects of each utility.The rate reserve levels were most recently
revised in FY 2015-16 based on the factors of revenue stability, expense and demand volatility, infrastructure
age, debt levels and management plans for the use of these reserves. The rate reserve level is established at a
range of 8%to 12%of expenses for the Electric Fund, at a range of 20%to 31%of expenses for the Wastewater
Fund,at a range of 25%to 42%of expenses for the Water Fund,and at a range of 6%to 10%of expenses for the
Solid Waste Fund. If the rate reserve level falls below the range, the City will implement necessary corrective
action within a five-year plan to restore the balances to the levels outlined above.
The City of Denton has adopted an Investment Policy which guides the investment of all City funds.In accordance
with State law,the policy is reviewed annually by the City Council to ensure that public funds are being invested
in a conservative and prudent fashion. In addition, the City also annually reviews and approves a Debt
Management policy. The purpose of this policy is to provide general guidelines regarding the issuance of City
v
39
debt and the use and limitation of such debt. The City complied with all aspects of the Investment and Debt
Management policies during FY 2018-19.
MAJOR INITIATIVES
In FY 2018-19,the City continued to emphasize street maintenance and repair activities as funding in the Street
Improvement Fund increased by$1.3 million.This additional funding was used for concrete pavement,curb and
gutter,and sidewalk repairs along with additional crack and micro seal repairs.In addition to improving the City's
street infrastructure,the enhancement of public safety is also identified in the Strategic Plan as a major initiative.
Accordingly, the FY 2018-19 General Fund budget included $1,748,399 in funding enhancements for public
safety programs. Overall, the budget included the funding of 7 new positions in the Police Department, 3 new
Fire Fighters for Station 8, various equipment in the Fire Department, and 3 new positions in public safety
communication.
Employee compensation remained a continuing priority in FY 2017-18 with an average 3% merit increase
provided to all employees along with eligible step increases for all police and fire civil service personnel.
AWARDS AND ACKOWLEDGEMENTS
The Government Finance Officers'Association(GFOA)awarded a Certificate of Achievement for Excellence in
Financial Reporting to the City for its Comprehensive Annual Financial Report for the fiscal year ended
September 30,2018,for the thirty-fourth consecutive year.In order to be awarded the Certificate of Achievement
in Financial Reporting,the City must publish an easily readable and efficiently organized Comprehensive Annual
Financial Report. This report satisfies both generally accepted accounting principles and applicable legal
requirements. The Certificate of Achievement is held for a period of one year only. We believe our current
Comprehensive Annual Financial Report continues to meet the Certificate of Achievement requirements,and we
are submitting it to GFOA to determine its eligibility for another certificate.
The City also received the GFOA award for Distinguished Budget Presentation for its fiscal year 2018-19 Annual
Budget for the thirty-third consecutive year.In order to qualify for the Distinguished Budget Presentation Award,
the City's budget document was judged according to its compliance with specific guidelines established by
GFOA.These guidelines help ensure that Denton's budget is distinguished as an operations guide,financial plan,
policy document, and communications device. The City has submitted its fiscal year 2019-20 Annual Budget to
GFOA to determine its eligibility for another certificate.We believe it continues to meet the Distinguished Budget
Presentation Award criteria.
In 2019, the City's Purchasing Department earned the Excellence in Procurement Award from the National
Purchasing Institute,Inc.(NPI)for the twentieth-first year in a row.This award is achieved by those organizations
that demonstrate excellence in procurement by achieving a high score on standardized criteria designed to
measure innovation,professionalism,productivity,and leadership.NPI represents purchasing officials employed
by national, state, and local governments; educational institutions; and tax-supported and public entities
throughout the country.
We would like to thank the City Council for their strong leadership and support that helped make the presentation
of this report possible.We would also like to thank the City Manager,Finance staff,department directors,division
heads and especially the Accounting Division staff for their diligent efforts in the preparation of the annual
financial report.
Antonio Puente,Jr. David Gaines
Chief Financial Officer Director of Finance
vi
40
CITY
OF
DENTON
ORGANIZATIONAL CHART
Citi..
City Council
Boards,Commissions,S Commtitees City AComey
Municipal Judge Internal Auditor
Cky Mareger
Deputy City Manager Assistant City Manager Chief Financial Officer Development Services
Engineering Animal Services Finance Planning
Chief of Staff I Director Building Inspections
Capital Projects Accounting I Budget/Treasury
Fin
City Manager's Office
Engineering Development Review Customer Serviw
Police
City Secretary Technology
Services
Traffic Operations Business Process Improvement
Pertormance Management
Strategic Planning Public Safety Dispatch
Community Development/
Homelessness Initiatives
Public Works Airport
Community Improvement Services Economic Development
Dranage
Electric Operations
Public Affairs I IGR
Fleet Services Municipal Court
Procurementi Compliance
Facilities Management
Solid Waste Operations
Human Resources
Streets Library
Per-S Recreation
Utilities
Risk Management
Safety
Environmental Services
Gas Well Review
Sustainability
Wastewater Operatioia
Water Operatiom
vlll
42
Government Finance Officers Association
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Denton
Texas
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
September 30, 2018
Executive Director/CEO
43
CITY OF DENTON, TEXAS
List of Principal Officials
ELECTED OFFICIALS
Title Name
Mayor Chris Watts
Councilmember,District 1,Mayor Pro Tem Gerard Hudspeth
Councilmember,District 2 Keely G. Briggs
Councilmember,District 3 Jesse Davis
Councilmember,District 4 John Ryan
Councilmember,At Large Place 5 Deb Armintor
Councilmember,At Large Place 6 Paul Meltzer
CITY OFFICIALS
Title Name
City Manager Todd Hileman
Deputy City Manager Mario Canizares
Assistant City Manager Sara Hensley
City Attorney Aaron Leal
Municipal Judge Holly Fox
City Secretary Rosa Rios
x
44
PATTILLO, BROWN & HILL, L.L.P.
401 West State Highway 6
Waco,Texas 76710
254.772.4901 1 pbhcpa.com
INDEPENDENT AUDITOR'S REPORT
Honorable Mayor and
Members of the City Council
City of Denton, Texas
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, the business-type
activities, each major fund, and the aggregate remaining fund information of the City of Denton, Texas, as of and
for the year ended September 30, 2019, and the related notes to the financial statements, which collectively
comprise the City of Denton, Texas' basic financial statements as listed in the table of contents.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes the
design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of
financial statements that are free from material misstatement,whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We conducted
our audit in accordance with auditing standards generally accepted in the United States of America and the
standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller
General of the United States. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of
the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk
assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the
financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no
such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the
reasonableness of significant accounting estimates made by management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinions.
1
OFFICE LOCATIONS
TEXAS Waco Temple I Hillsboro I Houston ` AICPA
NEW MEXICO Albuquerque GAQC Member
45
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the
respective financial position of the governmental activities, the business-type activities, each major fund, and the
aggregate remaining fund information of the City of Denton, Texas, as of September 30, 2019, and the respective
changes in financial position and, where applicable, cash flows thereof and the respective budgetary comparison
for the General Fund for the year then ended in accordance with accounting principles generally accepted in the
United States of America.
Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management's
discussion and analysis and pension and OPEB information be presented to supplement the basic financial
statements. Such information, although not a part of the basic financial statements, is required by the
Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for
placing the basic financial statements in an appropriate operational, economic, or historical context. We have
applied certain limited procedures to the required supplementary information in accordance with auditing
standards generally accepted in the United States of America, which consisted of inquiries of management about
the methods of preparing the information and comparing the information for consistency with management's
responses to our inquiries,the basic financial statements, and other knowledge we obtained during our audit of the
basic financial statements. We do not express an opinion or provide any assurance on the information because the
limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the City of Denton, Texas' basic financial statements. The introductory section, combining and
individual fund financial statements and schedules, capital assets schedules, and the statistical section are
presented for purposes of additional analysis and are not a required part of the basic financial statements.
The combining and individual fund financial statements and schedules and the capital assets schedules are
the responsibility of management and were derived from and relate directly to the underlying accounting and
other records used to prepare the basic financial statements. Such information has been subjected to the auditing
procedures applied in the audit of the basic financial statements and certain additional procedures, including
comparing and reconciling such information directly to the underlying accounting and other records used to
prepare the basic financial statements or to the basic financial statements themselves, and other additional
procedures in accordance with auditing standards generally accepted in the United States of America. In our
opinion,the combining and individual fund financial statements and schedules and the capital assets schedules are
fairly stated, in all material respects, in relation to the basic financial statements as a whole.
The introductory and statistical sections have not been subjected to the auditing procedures applied in the
audit of the basic financial statements, and accordingly,we do not express an opinion or provide any assurance on
them.
2
46
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards,we have also issued our report dated March 13, 2020
on our consideration of the City of Denton, Texas' internal control over financial reporting and on our tests of its
compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The
purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and
compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City of
Denton, Texas' internal control over financial reporting or on compliance. That report is an integral part of an
audit performed in accordance with Government Auditing Standards in considering the City of Denton, Texas'
internal control over financial reporting and compliance.
Waco, Texas
March 13,2020
3
47
CITY
OF
DENTON
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS
SEPTEMBER 30,2019
The Management's Discussion and Analysis is designed to (a) assist the reader in focusing on significant
financial issues, (b) provide an overview of the City's financial activity, (c) identify changes in the City's
financial position (its ability to address the next and subsequent years' challenges), (d) identify any material
deviations from the financial plan(the approved budget), and(e)identify individual fund issues or concerns.
Since the Management's Discussion and Analysis(MD&A)is designed to focus on the current year's activities,
resulting changes and currently known facts,please read it in conjunction with the Transmittal Letter(beginning
on page i)and the City's financial statements(beginning on page 17).
FINANCIAL HIGHLIGHTS
• The assets and deferred outflows of the City exceeded its liabilities and deferred inflows at the close of the
fiscal year ended September 30, 2019 by $1,029,307,671 (net position). Of this amount, $133,829,918
(unrestricted net position) may be used to meet the government's ongoing obligations to citizens and
creditors.
• The City's total net position increased by$94,031,286 in fiscal year 2019.
• As of September 30, 2019, the City's governmental funds reported combined fund balances of
$181,544,210, a decrease of$557,733 in comparison with the prior fiscal year. Compared to the prior year,
revenues were higher by $1.8 million due primarily to higher property tax of $4.2 million, investment
revenue of$4.2 million, fees for services of$1.0 million, hotel occupancy tax of$0.3 million, building
permits of$0.2 million, franchise fees of$0.2 million, and sales tax of$0.1 million. The higher revenues
were offset by decreases in intergovernmental revenues of$8.0 million and lower fines and forfeitures of
$0.4 million. The decline in intergovernmental revenue was due to decreased spending rates on grant funded
road construction projects. Expenditures reflect higher costs for public safety of$4.9 million, higher costs
for general government of$2.8 million,higher costs for parks and recreation of$0.5 million,higher capital
expenditures of$11.3 million, and higher debt service interest costs of$1.6 million. Total expenditures of
the City's combined governmental funds are $21.0 million higher than the prior year. New proceeds from
the issuance of long-term debt added $25.9 million in new funding. Net transfers in increased by $10.9
million,from a net transfer out of$6.7 million in fiscal year 2018,to a net transfer in of$4.2 million in fiscal
year 2019. Approximately 16.4% of the $181,544,210, or $29,795,554, is available for spending at the
government's discretion(unassigned fund balance).
• The City's total noncurrent liabilities,including other noncurrent liabilities,increased by$48,665,610 during
the fiscal year. The primary reasons for the changes are the issuance of $28.8 million of certificates of
obligation and$44.3 million of general obligation bonds, which were offset by the scheduled pay down of
general obligation bonds and certificates of obligation of $87.7 million and the amortization of related
premium and discounts of $4.4 million. The Electric fund recorded a liability of $22.7 million due to
decommissioning of the City's share of the Gibbons Creek Power Plant assets by the Texas Municipal Power
Agency. Unfavorable market conditions relative to actual plan performance versus actuarial assumptions
contributed to an increase of $44.0 million in pension liabilities. The City's liability for other post-
employment benefits increased$0.7 million.Other changes include an increase of$0.1 million for the City's
landfill closure and post closure liability, a decrease of claims payable of$0.2 million, and an increase in
compensated absences of$0.4. Additional information on the City's long-term debt can be found in note
W.G. on pages 56 - 60 of this report. Additional information on the City's agreement with TMPA can be
found in note V.E. on pages 78-80 of this report.
OVERVIEW OF THE FINANCIAL STATEMENTS
The Management's Discussion and Analysis is intended to serve as an introduction to the City of Denton's basic
financial statements. The City's basic financial statements are comprised of three components: (1)government-
wide financial statements,(2)fund financial statements and(3)notes to the financial statements.This report also
contains other supplementary information in addition to the basic financial statements themselves.
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5
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
Government-wide Financial Statements. The government-wide financial statements are designed to provide
readers with a broad overview of the City's finances in a manner similar to a private-sector business.
The statement of net position presents information on all of the City's assets, liabilities, deferred inflows, and
deferred outflows with the difference reported as net position. Over time,increases or decreases in net position
may serve as a useful indicator of whether the financial position of the City is improving or deteriorating.
The statement of activities presents information showing how the City's net position changed during the most
recent fiscal year.All of the current year's revenues and expenses are taken into account regardless of when cash
is received or paid. Thus, revenues and expenses are reported in this statement for some items that will only
result in cash flows in future fiscal periods(e.g.,uncollected taxes and earned but not used vacation leave). Both
the statement of net position and the statement of activities are prepared using the accrual basis of accounting as
opposed to the modified accrual basis.
In the Statement of Net Position and the Statement of Activities, the City is divided between two kinds of
activities:
Governmental activities. Most of the City's basic services are reported here, including police, fire,
libraries, development, public services and operations, public works, building inspection, technology
services and general administration. Property taxes, sales taxes, and franchise fees finance most of these
activities.
Business-type activities. The City charges a fee to customers to cover the cost of services it provides. The
City's utility systems (electric,water and wastewater), solid waste,and airport activities are reported here.
The government-wide financial statements can be found on pages 17- 19 of the report.
Fund Financial Statements. A fund is a grouping of related accounts used to maintain control over resources
that have been segregated for specific activities or objectives. Fund financial statements provide detailed
information about the most significant funds,not the City as a whole. Some funds are required to be established
by state law or bond covenants. However, the City Council establishes many other funds to help it control and
manage money for particular purposes or to show that it is meeting legal responsibilities for using certain taxes,
grants and other monies. The following illustration summarizes the major features the City's financial
statements.
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6
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
Major Features of City of Denton's Government-wide and Fund Financial Statements
Fund Statements
Government-wide
Statements Governmental Funds Proprietary Funds
police,Scope Entire City government Activities of the City that are Activities the City operates
not proprietary,such as similar to private businesses:
. parks
utilities,solid waste and
airport operations
Required financial Statement of net position Balance Sheet Statement of net position
statements Statement of activities Statement of revenues, Statement of revenues,
expenditures and changes in expenses and changes in net
fund balances position
Statement of cash flows
ModifiedAccounting basis and Accrual accounting and
economicmeasurement focus .
resources focus
Types of asset/liability All assets and liabilities, Only assets expected to be All assets and liabilities,both
information both financial and capital, used up and liabilities that financial and capital,short-
short-term and long-term come due during the year or term and long-term
soon thereafter;no capital
assets included
Type of inflow/outflow All revenues and expenses Revenues for which cash is All revenues and expenses
information during year,regardless of received during orsoon after during year,regardless of
when cash is . . or paid
paid expenditures when goods
services have been received
and payment is due during
the year of soon thereafter
All of the funds of the City can be divided into three categories: governmental funds, proprietary funds and
fiduciary funds.
• Governmental funds. The majority of the City's basic services are reported in governmental funds, which
focus on how money flows into and out of those funds and the balances left at year-end that are available for
spending. These funds are reported using an accounting method identified as the modified accrual basis of
accounting, which measures cash and all other financial assets that can readily be converted to cash. The
governmental fund statements provide a detailed short-term view of the City's general government
operations and the basic services it provides. Governmental fund information helps the reader determine
whether there are more or fewer financial resources that can be spent in the near future to finance the City's
programs. By comparing information presented for governmental funds with similar information presented
for governmental activities in the government-wide financial statements,readers may better understand the
long-term impact of the government's near-term financing decisions. The relationship or differences
between governmental activities(reported in the Statement of Net Position and the Statement of Activities)
and governmental funds are detailed in a reconciliation following the fund financial statements.
The City of Denton maintains twelve governmental funds. Information is presented separately in the
governmental funds balance sheet and in the governmental funds statement of revenues, expenditures and
changes in fund balances for the general fund, debt service fund and capital projects fund, all of which are
considered to be major funds. Data from the other nine governmental funds are combined into a single,
aggregated presentation. Individual fund data for eight of these non-major governmental funds, along with
an aggregate of all other governmental funds, is provided in the form of combining statements elsewhere in
this report.
• Proprietary funds. The City charges customers for certain services it provides, whether to outside
customers or to other units within the City. These services are generally reported in proprietary funds.
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7
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
Proprietary funds are reported in the same manner that all activities are reported in the Statement of Net
Position and the Statement of Activities.The City's enterprise funds are similar to the business-type activities
that are reported in the government-wide statements but provide more detail and additional information,such
as cash flows. The City's internal service funds are used to accumulate and allocate costs internally among
the City of Denton's various functions. Both enterprise funds and internal service funds are components of
proprietary funds.
The City of Denton maintains five enterprise funds.The City uses enterprise funds to account for its electric,
water, wastewater, solid waste, and airport operations. The individual funds provide the same type of
information as the government-wide financial statements only in more detail. The City considers all
enterprise funds to be major funds.
The City of Denton maintains seven internal service funds. The City uses internal service funds to account
for materials management, fleet services, health insurance, risk retention, technology services, engineering
services, and customer service. Because these services benefit both governmental and business-type
functions,they have been included in both the governmental and business-type activities in the government-
wide financial statements. Individual fund data for the internal service funds are provided in the form of
combining statements in the combining and individual fund statements and schedules section of this report.
• Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties outside
the government. Fiduciary funds are not reflected in the government-wide financial statement because the
resources of those funds are not available to support the City's own programs. The accounting used for
fiduciary funds is much like that used for proprietary funds. Agency funds are a component of fiduciary
funds. Agency funds differ from other fiduciary funds in that they do not typically involve a formal trust
agreement. Agency funds are used to account for situations where the City's role is purely custodial, such
as receipt,temporary investment and remittance of fiduciary resources to individuals,private organizations,
or other governments.
The City maintains one fiduciary fund, an agency fund. The City uses agency funds to account for the
collection and payment of property and evidence, temporary developer holdings and other similar
relationships.
Notes to the financial statements. The notes provide additional information that is essential to a full
understanding of the data provided in the government-wide and fund financial statements. The notes to the
financial statements can be found on pages 35 - 85 of this report.
GOVERNMENT-WIDE FINANCIAL ANALYSIS
As of September 30, 2019,the City's combined net position were $1,029,307,671, of which $233,781,032 can
be attributed to governmental activities and $795,526,639 attributed to business-type activities. This analysis
focuses on the net position (Table 1) and changes in net position (Table 2) of the City's governmental and
business-type activities.
The largest portion of the City's net position(80.9%)reflects its investment in capital assets(e.g.,land,building,
machinery and equipment), less any related debt used to acquire those assets that is still outstanding. The City
uses these capital assets to provide services to citizens; consequently, these assets are not available for future
spending. Although the City's investment in its capital assets is reported net of related debt, it should be noted
that the resources needed to repay this debt must be provided from other sources, since the capital assets
themselves cannot be used to liquidate these liabilities.
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8
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
Table 1
Net Position
(in thousands)
Governmental Activities Business-type Activities Total
2019 2018 2019 218 2019 2018
Current and other assets $ 274,125 $289,367 $ 433,830 $ 426,310 $ 707,955 $ 715,677
Capital assets,net of accumulated depreciation 372,413 310,971 1,264,559 1,224,104 1,636,972 1,535,075
Total assets 646,538 600,338 1,698,389 1,650,414 2,344,927 2,250,752
Deferred outflows of resources 46,876 26,043 22,482 13,973 69,358 40,016
Long-term liabilities outstanding 363,657 319,898 894,424 889,517 1,258,081 1,209,415
Other liabilities 80,975 92,018 23,460 27,357 104,435 119,375
Total liabilities 444,632 411,916 917,884 916,874 1,362,516 1,328,790
Deferred inflows of resources 15,001 17,932 7,460 8,770 22,461 26,702
Net position:
Net investment in capital assets 242,958 194,211 589,492 540,697 832,450 734,908
Restricted 30,348 21,655 32,680 20,209 63,028 41,864
Unrestricted (39,525) (19,333) 173,355 177,837 133,830 158,504
Total net position $ 233,781 $ 196,533 $ 795,527 $ 738,743 $1,029,308 $ 935,276
Governmental activities increased the City's net position by$37,247,961. Business-type activities increased the
City's net position by$56,783,325. The key elements of these increases are contained in Table 2.
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CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
Table 2
Changes in Net Position
(in thousands)
Governmental Business-type
Activities Activities Total
2019 2018 2019 2018 2019 2018
Revenues:
Program Revenues:
Charges for services $ 20,276 $ 20,212 $ 359,434 $318,471 $ 379,710 $ 338,683
Operating grants and contributions 4,093 3,698 - - 4,093 3,698
Capital grants and contributions 28,085 33,991 16,039 20,520 44,124 54,511
General Revenues:
Property tax 71,351 67,186 - - 71,351 67,186
Sales tax 38,331 38,270 - - 38,331 38,270
Franchise tax 26,161 26,007 - - 26,161 26,007
Hotel occupancy tax 3,040 2,734 - - 3,040 2,734
Beverage tax 662 632 - - 662 632
Bingo tax 11 11 - - 11 11
Investment Income 6,093 1,938 9,027 4,083 15,120 6,021
Miscellaneous 4,026 4,889 - 241 4,026 5,130
Total revenues 202,129 199,568 384,500 343,315 586,629 542,883
Expenses:
General government 39,052 37,969 - - 39,052 37,969
Public safety 77,883 71,945 - - 77,883 71,945
Public works 24,503 25,684 - - 24,503 25,684
Parks and recreation 17,711 17,422 - - 17,711 17,422
Interest on long-term debt 6,751 5,379 - - 6,751 5,379
Electric - - 236,131 168,111 236,131 168,111
Water - - 29,690 27,481 29,690 27,481
Wastewater - - 28,317 26,284 28,317 26,284
Solid waste - - 30,542 29,028 30,542 29,028
Airport - - 2,017 1,803 2,017 1,803
Total expenses 165,900 158,399 326,697 252,707 492,597 411,106
Increase in net position before transfers 36,229 41,169 57,803 90,608 94,032 131,777
Transfers 1,019 (1,104) (1,019) 1,104 - -
Increase in net position 37,248 40,065 56,784 91,712 94,032 131,777
Net position at beginning of year 196,533 173,429 738,743 659,509 935,276 832,938
Prior period adjustment - (16,961) - (12,478) - (29,439)
Net position at beginning of year 196,533 156,468 738,743 647,031 935,276 803,499
Net position at end of year $233,781 $ 196,533 $ 795,527 $738,743 $1,029,308 $ 935,276
Governmental activities. Expenses for governmental activities reflect an increase of$7.5 million over the prior
year. Increases include $1.0 million in general government expenses and$5.9 million for public safety. These
increases were offset by a decrease of$1.2 million in public works.The most significant governmental activities
expense was in providing public safety,which incurred expenses of$77,883,435.The largest expense for public
safety is the cost of personnel,which totaled$61,504,011.Governmental activities expense also includes general
government,which incurred$39,051,942 in expenses,of which$17,991,562 represented personnel charges.
These expenses were funded by revenues collected from a variety of sources,with the largest being from property
taxes, which are $71,351,314 for the fiscal year ended September 30, 2019. The $5.4 million decrease in the
governmental program revenues are mainly due to a decrease of$5.3 million in capital grants and contributions
for public works. Parks and recreation also decreased $0.6 million. The slight increase in charges for services
compared to the prior year was less than$0.1 million. Within this category, increases for parks and recreation
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10
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
of$1.0 million and$0.1 for public works were offset by a decrease of$1.0 million for public safety. Operating
grants and contributions increased$0.4 million compared to the prior year. Increases of$0.7 million for public
safety and$0.1 million for parks and recreation were offset by a decrease of$0.4 million for general government.
Governmental general revenues included an increase of$4.2 million for property tax due to rising values and
new construction. Transfers reflect a net$4.2 million transfer in for governmental activities for the current year
as compared to a net transfer out of$6.6 million for the prior fiscal year.
Business-type activities. Business-type activities increased the City's net position by $56,783,325. This
accounts for 60.4%of the growth in the entity-wide net position.All Utility service revenues increased by a total
of$37.3 million. Electric charges for services increased by$39.8 million. Water charges for services decreased
by$2.8 million as compared to the service charges from prior year. Wastewater charges decreased$0.9 million
compared to the prior year. Solid Waste charges for service provided an increase $1.2 million compared to the
prior year. Airport charges for goods and services were unchanged from the prior year. Water and Wastewater
collected $7.5 million and $4.4 million in impact fees, respectively, reflecting a $0.1 million increase over the
prior year. Capital contributions,which arise from new property development within the City,represent a major
revenue source for the Water and Wastewater funds during the current fiscal year. Capital contributions were
$16.0 million during the year and represent a $4.5 million decrease from the prior year. The Airport gas well
revenues contributed an additional $0.3 million to the increase in net position, a decrease of$0.1 million from
the prior year. Total enterprise funds operating costs, before depreciation, increased $59.3 million. Electric
expenses account for $56.0 million (94.5%) of this increase. Cost increases over the prior fiscal year include
purchased power costs of$25.4 million,decommissioning of TMPA assets of$22.7 million,administrative costs
of$5.5 million, salaries and wages of$2.7 million, and insurance costs of$0.1 million. These increases were
slightly offset by a decrease in material and supplies expenses of$0.3 million. Water expenses increased $1.5
million from the prior year. Increased expenses of$3.7 million for administrative costs and $0.2 million for
maintenance and repairs were offset by decreases of$2.1 million for personnel services and $0.3 million for
materials and supplies. Wastewater expenses increased by $1.8 million from the prior year. Increases in
administrative costs of$1.0 million and personnel services of$0.8 million that were offset by a decrease in
maintenance and repair costs of $0.1 million. Solid Waste operations expenses reflect increased costs for
administrative costs of$0.6 million and decreased closure/post closure costs of$0.8 million compared to the
prior year. Airport operations expenses reflect a combined $0.2 million increase for personnel services,
maintenance and repairs, and operations.
FINANCIAL ANALYSIS OF THE GOVERNMENT'S FUNDS
As noted earlier,the City uses fund accounting to ensure and demonstrate compliance with finance-related legal
requirements.
Governmental funds. The focus of the City's governmental funds is to provide information on near-term
inflows,outflows,and balances of resources available to spend.Such information is useful in assessing the City's
financing requirements.In particular,unassigned fund balance may serve as a useful measure of a government's
net resources available for spending at the end of the fiscal year.
As of the end of the current fiscal year,the City's governmental funds reported a combined ending fund balance
of $181.5 million, a decrease of $0.6 million in comparison with the prior year. $29,795,554 constitutes
unassigned fund balance, which is available for spending at the government's discretion. The remainder of the
fund balance has been classified to indicate that it is not available for new spending because it has already been
classified as restricted($121.5 million),committed($10.3 million),and assigned($19.9 million).
The General Fund is the chief operating fund of the City. At September 30, 2019, the unassigned fund balance
of the General Fund was $30.6 million, or 23.7% of budgeted general fund expenditures. The General Fund's
ending fund balance increased by$0.4 million during the current fiscal year. The change in fund balance is due
to expenditures, including other financing uses, of $116.7 million, and revenues, including other financing
sources, of$117.1 million. Revenues were $3.7 million higher compared to the previous year primarily due to
increases in taxes of$1.5 million,investment income p $0.6 million,intergovernmental revenue of$0.3 million,
11
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
and both licenses and permits and franchise fees of$0.2 million. These increases were offset by a decrease in
revenue of$0.2 million for fees for services.The net change in expenditures was$1.9 million higher as compared
to the previous year primarily due to increased costs related to personal services and operations. The increased
personnel costs were $2.8 million. Public safety increased $3.2 million over the prior year while general
government increased $1.0 million. These increases were offset by a decrease in parks and recreation of$1.4
million. The increase in operations, services costs of$1.4 million is due to increases in general government of
$0.9 million and public safety in the amount of$1.0 million. These increases were offset by a reduction in parks
and recreation expenditures in the amount of$0.5 million. Transfers out decreased $2.8 million from the prior
year primarily due to a decrease in funding of capital projects.
Personnel costs, on a year over year comparison, were higher due to an average merit increase of 3% for non-
civil service employees, a pay adjustment for civil service employees to reach the market average plus 5% and
continued step raises for public safety civil service employees. During the fiscal year, a net of 20 FTE's were
added to public safety.
At the end of the fiscal year, the capital projects fund has a total fund balance of$120.9 million, a decrease of
$4.6 million. The total fund balance is made up of$98.4 million in restricted funds, $2.7 million in committed
funds,and$19.8 million in assigned funds,all for capital construction and acquisition.In 2019,the City received
$27.9 million of proceeds from the issuance of debt and recognized$17.9 million of regional toll revenues from
the Texas Department of Transportation, while expending $63.2 million on construction and acquisition. In
addition, the capital projects fund received $3.9 million in interest income and $8.8 million of transfers from
other funding sources. The City also received approximately $8.6 million in developer's contributed capital
recorded in the government-wide financial statements. This is $0.5 million more than in the prior year.
The debt service fund has a total fund balance of$5.5 million, all of which is restricted for the payment of debt
service. As compared with the prior year results, the overall decrease in the debt service fund balance of$0.1
million resulted from an increase of$2.8 million in tax revenue offset by an increase of$3.1 million in principal
and interest costs.Additional amounts include an increase in investment revenue of$0.2 million and a reduction
of transfers in by$0.2 million.
Proprietary funds. The City's proprietary funds provide the same type of information found in the government-
wide financial statements,but in more detail.
Unrestricted net position at September 30,2019 in proprietary funds are$57.8 million for Electric,$59.1 million
for Water, $38.8 million for Wastewater, $5.2 million for Solid Waste, and $3.2 million for the Airport fund.
The results reflect increases of the unrestricted net position in the Water fund of$7.3 million, the Wastewater
fund of$0.3 million, and the Solid Waste fund of$3.5 million. The unrestricted net position decreased $13.0
million in the Electric Fund and$0.1 million in the Airport fund. Other factors concerning the finances of these
funds have already been addressed in the discussion of the City of Denton's business-type activities.
GENERAL FUND BUDGETARY HIGHLIGHTS
During fiscal year 2019, three formal amendments to adjust the City of Denton's Annual Program of Services
were approved by Council for the General Fund. Council approved funding to provide for additional
improvements and other administrative expenses.The additional funds increased the Roadway Impact Fee Fund
by$4.3 million to fund roadway improvements,the Fleet Service Fund by$0.5 million for funding fuel purchases
and outsourced vehicle and equipment repairs,the Risk Retention Fund by$0.3 million to fund additional claims,
and the Animal Donations Fund by $0.1 million for funding Denton Animal Support Foundation donations.
Council also increased funding for two Chapter 380 agreements. The Westpark TIRZ received$0.2 million and
the Tourist and Convention Fund received$0.4 million.
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CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
GENERAL FUND BUDGET TO ACTUAL HIGHLIGHT
For fiscal year 2019, General Fund actual expenditures (including transfers) on a budgetary basis were $126.5
million compared to the final budget of$129.2 million. The $2.7 million positive expenditure variance was
primarily due to reduced costs of$0.4 million in personnel services, $0.2 million in materials and supplies, $0.4
in maintenance and repairs, $0.8 million in service operations, and $1.1 million in transfers. These positive
variances were offset by an increase in spending for fixed assets of$0.2 million.
The personnel savings is due to reduced costs of$0.2 million in public works and $0.2 million in parks and
recreation. Public safety personnel costs did increase $1.0 million but were offset by $1.0 million in savings
from general government.In addition to personnel savings,general government had a positive variance to budget
of$0.2 million in materials and supplies.Maintenance and repair costs were favorable to budget by$0.1 million
for general government, $0.1 million for public works, and $0.2 million for parks and recreation. The net
favorable variance in service operations was due to general government savings of$1.2 million that was offset
by increased costs for public safety of$0.5 million. Capital project expenditures were favorable to budget by
$0.1 million for both general government and parks and recreation.
Actual revenues for the General Fund (including transfers and sale of capital asset) on a budgetary basis were
$126.9 million compared to the final budget of$127.7 million.Included in the$0.8 unfavorable revenue variance
was a sales tax revenue shortfall of$3.0 million and fees for services for $1.0 million. Favorable variances for
franchise fees of$0.7 million, investment income of$0.7, and miscellaneous income of$0.1 million helped
offset these declines.Administrative transfers into the general fund were favorable by$1.9 million compared to
budget. This included a $1.1 million transfer from capital projects per a reimbursement ordinance and cost of
service adjustments from electric for$0.5 million,water for$0.2 million, and$0.1 million for wastewater.
The City of Denton's General Fund unassigned fund balance at September 30, 2019 is $30.6 million, or 23.7%
of budgeted expenditures. Below is a listing of the ending unassigned balances for the prior year, as well as the
fiscal year 2019 unassigned fund balance.
Actual Actual
9/30/2019 9/30/2018
Unassigned balance $30,578,238 $28,918,681
% of final budgeted expenditures 23.7% 23.1%
Policy level 20% plus up to 20% plus up to
a 5% resiliency a 5% resiliency
reserve reserve
The largest revenue source of the General Fund's budget was the ad valorem tax. Denton's ad valorem tax rate
is comprised of two components.The first is the operations and maintenance component that is used to calculate
revenue for the City's General Fund operations. The second component is the debt portion that is used to
calculate revenue to pay the City's general debt service obligations. The Denton Central Appraisal District's
certified appraisal roll shows an increase of 9.53% compared to the prior year certified value,which showed an
increase of 13.32%. The current property tax year included$318.8 million of new growth and construction that
was added to the tax rolls in Tax year 2018 as compared to Tax year 2017. The fiscal year 2019 ad valorem tax
rate decreased to $0.620477 as compared to the prior years' rate of$0.637856 per$100 of valuation.
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13
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
CAPITAL ASSET AND DEBT ADMINISTRATION
Capital assets. At the end of fiscal year 2019,the City had$1,636,971,411 invested in a broad range of capital
assets,including police and fire equipment,buildings,park facilities,roads,bridges,electrical infrastructure,and
water and sewer lines (see Table 3 below). This amount represents a net increase (including additions and
deductions)of$186,973,859 or 13.9%over the prior fiscal year.
Table 3
Capital Assets at Year-end
(Net of Accumulated Depreciation,in Thousands)
Governmental Activities Business-type Activities Totals
2019 2018 2019 2018 2019 2018
Land $ 22,244 $ 22,244 $ 61,462 $ 49,287 $ 83,706 $ 71,531
Landfill improvements - - 4,231 2,170 4,231 2,170
Building and improvements 49,490 43,986 30,401 17,852 79,891 61,838
Plant,machinery and equipment 45,318 42,981 539,361 336,017 584,679 378,998
Water rights - - 48,743 49,439 48,743 49,439
Infrastructure 122,713 114,902 395,167 380,315 517,880 495,217
Construction in progress 132,648 86,858 185,194 389,024 317,842 475,882
Total capital assets $ 372,413 $ 310,971 $1,264,559 $1,224,104 $1,636,972 $1,535,075
This year's major asset additions included:
Description Amount
Denton Energy Center $ 226,180,048
Eagle Farms and Porter Land Acquistion(Airport/DEC) 7,144,873
Cooper Creek Interceptor/Sewer Line Improvements 7,003,677
Fire Station#4 4,387,223
Landfill Cell Improvements 3,707,828
Westpark TIRZ Improvements 3,669,165
Harvest Hill Subdivision Infrastructure 3,377,908
Woodrow Substation Upgrade (Electric) 3,260,241
Enterprise Data Center 2,872,486
Beaver Creek Subdivision Infrastructure 2,858,439
Fire Training Facility 2,848,182
Brentwood Place Infrastructure Improvements 2,708,694
Fort Worth Substation Addition/Expansion(Electric) 2,467,878
Evers Way Subdivision Infrastructure 2,259,548
Total $ 274,746,190
Additional information on the City's capital assets can be found in note IV. D. on pages 51 -53 of this report.
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14
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
Debt. At year-end,the City had$9675 million in bonds and notes outstanding as compared to $982.1 million at
the end of the prior fiscal year, a decrease of 1.49%,as shown in Table 4.
Table 4
Outstanding Debt at Year-end
(in thousands)
Governmental Activities Business-type Activities Totals
2019 2018 2019 2018 2019 2018
General obligation bonds $ 135,508 $ 127,648 $ 118,682 $ 111,347 $254,190 $ 238,995
Certificates of obligation 83,560 81,200 414,890 447,050 498,450 528,250
Revenue bonds - - 214,890 214,890 214,890 214,890
Total $ 219,068 $208,848 $ 748,462 $ 773,287 $ 967,530 $ 982,135
These amounts do not include net unamortized premiums/(discounts)of$69,626,525 or net deferred gain/(loss)
on refunding of($3,940,228).
During the current fiscal year,the City issued debt two times,both in July 2019.The first debt issuance included
$28.8 million in certificates of obligation,of which$19.4 million was for enterprise operations. The second debt
issuance included$44.3 million in general obligation refunding and improvement bonds,of which$26.3 million
for enterprise operations.Proceeds from both issues were used to pay for various capital improvements.Normal
pay down in debt was $29.1 million in general obligation bonds and$58.6 million in certificates of obligation.
Moody's Investor's Service, Inc. has given the City's General Obligation Bonds and the Certificates of
Obligation a rating of"Aal." Moody's did not rate the City's Utility System Revenue Bonds. Standard and
Poor's Corporation has given both the City's General Obligation Bonds and Certificates of Obligation an"AA+"
rating. Standard and Poor's Corporation has given the City's Utility System Revenue Bonds a rating of"AA-".
Fitch has given the City's General Obligation Bonds and the Certificates of Obligation a rating of"AA+." Fitch
has given the City's Utility System Revenue Bonds a rating of"A+". The City is permitted by Article XI,
Section 5 of the State of Texas Constitution to levy taxes up to$2.50 per$100 of assessed valuation for general
governmental services including the payment of principal and interest on general obligation long-term debt. The
current ratio of tax-supported debt to certified assessed value of all taxable property is 2.28%.
Other long-term liabilities. The City maintains a self-insurance program for general liability, auto liability,
public officials' liability,errors and omission liability,police professional liability,and workers' compensation.
Private insurance companies cover claims for property loss over $50,000 per occurrence, except for specific
perils,these deductibles vary depending on location and property values,for workers' compensation losses over
$600,000 per occurrence,and for liability over$500,000 per occurrence. The Risk Retention Fund has a reserve
for claims and judgments of $2.8 million outstanding at year-end. This reserve was slightly reduced ($.05
million)from the end of the prior fiscal year. Other obligations include pension liabilities, accrued vacation pay
and sick leave. More detailed information about the City's long-term liabilities is presented in Note IV. G., on
pages 56-60 of this report.
ECONOMIC FACTORS AND NEXT YEAR'S BUDGETS AND RATES
While growth for the Denton community is expected to be moderate in the short term,demands for city services
are expected to remain strong over the long term.As a result,the fiscal year 2020 Budget includes an ad valorem
tax rate of$0.590454/$100 valuation,a decrease of$0.030023/$100 in comparison to the prior year.While sales
tax collections were relatively flat compared to the prior year (0.2% increase), the fiscal year 2020 Budget
projects an increase of 2.5%over actual fiscal year 2019 sales tax revenue.Budgeted funding enhancements for
fiscal year 2020 include $2.8 million for public safety, $2.4 million for neighborhood services, $0.2 million for
administrative and community services,and$0.2 million for transportation services in accordance with priorities
established through the Strategic Plan. Public safety enhancements include 18.5 new positions, technology
improvements,professional development programs,and overtime funding for communications. Neighborhood
59
15
CITY OF DENTON,TEXAS
MANAGEMENT'S DISCUSSION AND ANALYSIS (continued)
SEPTEMBER 30,2019
services enhancements include funding for new and existing park maintenance,comprehensive plan studies,and
homeless initiatives.
The fiscal year 2020 budget includes no rate changes for electric, water, or wastewater customers. Solid waste
rates also remain unchanged for 2020, however, the City will introduce a monthly subscription rate for yard
waste service.
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the City's finances for all those with an interest
in the City's finances. Questions concerning any of the information provided in this report or requests for
additional financial information should be addressed to the City of Denton Finance Department, 215 E.
McKinney,Denton,Texas 76201.
60
16
CITY OF DENTON,TEXAS Exhibit I
STATEMENT OF NET POSITION
AS OF SEPTEMBER 30,2019
Primary Government
Governmental Business-type
Activities Activities Total
ASSETS:
Cash,cash equivalents and investments,
at fair value $ 80,681,162 $ 196,134,986 $ 276,816,148
Receivables,net of allowances:
Taxes 8,830,102 - 8,830,102
Accounts - 19,553,455 19,553,455
Unbilled utility service - 18,293,710 18,293,710
Interest 327,606 794,840 1,122,446
Other 2,442,200 7,343,165 9,785,365
Internal balances (15,844,022) 15,844,022 -
Due from other governments 3,196,946 - 3,196,946
Inventory 8,273,896 - 8,273,896
Prepaid items 256,273 9,561,808 9,818,081
Other Assets - 31,581,238 31,581,238
Restricted assets:
Cash,cash equivalents and investments,
at fair value 184,934,098 134,179,202 319,113,300
Escrow deposits 201,000 - 201,000
Accrued interest 749,478 543,783 1,293,261
Other receivables 76,868 - 76,868
Capital assets not being depreciated:
Land 22,243,771 61,462,065 83,705,836
Construction in progress 132,647,539 185,193,966 317,841,505
Capital assets,net of accumulated depreciation:
Buildings 499489,541 309401,329 799890,870
Plant,machinery and equipment 459318,209 5399360,446 5849678,655
Infrastructure 1229713,481 3959167,217 5179880,698
Landfill improvements - 49231,122 49231,122
Water rights - 48,742,725 48,742,725
Total assets 6469538,148 1,6989389,079 2,3449927,227
DEFERRED OUTFLOWS OF RESOURCES:
Deferred loss on refundings 19210,989 29729,239 3,940,228
Deferred pension balances 439887,663 189918,370 629806,033
Deferred other post-employment benefit balances 1,777,674 833,897 2,611,571
Total deferred outflows of resources 469876,326 229481,506 699357,832
LIABILITIES:
Accounts payable 99847,567 109305,292 209152,859
Retainage payable 174,160 95,245 269,405
Deposits - 39917,164 39917,164
Accrued interest 7,929 - 7,929
Other liabilities 441,811 - 441,811
Unearned revenue 599058,764 - 599058,764
Payable from restricted assets:
Accounts payable 89763,023 29193,041 109956,064
Retainage payable 19601,670 626,567 2,228,237
Accrued interest 19079,965 69323,191 7,403,156
Noncurrent liabilities:
Noncurrent liabilities due within one year 289948,456 639227,872 929176,328
Noncurrent liabilities due in more than one year 3349708,308 8319196,249 1,1659904,557
Total liabilities 4449631,694 9179884,621 1,3629516,315
DEFERRED INFLOWS OF RESOURCES:
Deferred charges on refundings - 754,467 754,467
Deferred pension balances 139731,906 69101,163 199833,069
Deferred other post-employment benefit balances 19269,842 603,695 1,873,537
Total deferred inflows of resources 159001,748 79459,325 229461,073
NET POSITION:
Net investment in capital assets 242,957,674 589,492,414 832,450,088
Restricted for:
Debt service 49627,301 109060,625 14,687,926
Parks and recreation 79156,908 - 7,156,908
Capital acquisition 119393,397 229618,292 34,011,689
Other grants and purposes 79171,142 - 7,171,142
Unrestricted (399525,390) 1739355,308 133,829,918
Total net position $ 233,781,032 $ 795,526,639 $ L029,307,671
The notes to the basic financial statements are an integral part of Oils statement.
17
CITY OF DENTON,TEXAS Exhibit 11
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED SEPTEMBER 30,2019
Program Revenues
Operating Capital
Charges for Grants and Grants and
Functions/Programs Expenses Services Contributions Contributions
Primary government:
Governmental activities:
General government $ 39,051,942 $ 6,460,483 $ 1,395,984 $ 30,000
Public safety 77,883,435 7,233,973 2,086,518 274,732
Public works 24,502,864 712,953 - 27,641,794
Parks and recreation 17,710,634 5,868,619 610,030 139,065
Interest expense 6,750,917 - - -
Total governmental activities 165,899,792 20,276,028 4,092,532 28,085,591
Business-type activities:
Electric system 236,131,640 242,437,211 - -
Water system 29,689,758 45,886,900 - 6,018,228
Wastewater system 28,317,484 35,042,110 - 10,020,848
Solid waste 30,541,859 34,670,519 - -
Airport 2,017,380 1,397,581 - -
Total business-type activities 326,698,121 359,434,321 - 16,039,076
Total primary government $ 492,597,913 $ 379,710,349 $ 4,092,532 $ 44,124,667
(continued on the following page)
The notes to the basic financial statements are an integral part of this statement.
62
18
CITY OF DENTON,TEXAS Exhibit 11
STATEMENT OF ACTIVITIES(concluded)
FOR THE YEAR ENDED SEPTEMBER 30,2019
Net(Expense)Revenue and Changes in Net Position
Primary Government
Governmental Business-type
Functions/Programs Activities Activities Total
Primary government:
Governmental activities:
General government $ (31,165,475) $ - $ (31,165,475)
Public safety (68,288,212) - (68,288,212)
Public works 3,851,883 - 3,851,883
Parks and recreation (11,092,920) - (11,092,920)
Interest expense (6,750,917) - (6,750,917)
Total governmental activities (113,445,641) - (113,445,641)
Business-type activities:
Electric system - 6,305,571 6,305,571
Water system - 22,215,370 22,215,370
Wastewater system - 16,745,474 16,745,474
Solid waste - 4,128,660 4,128,660
Airport - (619,799) (619,799)
Total business-type activities - 48,775,276 48,775,276
Total primary government (113,445,641) 48,775,276 (64,670,365)
General revenues:
Taxes:
Property tax 71,351,314 - 71,351,314
Sales tax 38,330,825 - 38,330,825
Franchise fees 26,160,639 - 26,160,639
Hotel occupancy tax 3,039,747 - 3,039,747
Beverage tax 661,823 - 661,823
Bingo tax 11,445 - 11,445
Investment income 6,093,100 9,026,713 15,119,813
Gain on sale of capital assets 95,760 - 95,760
Miscellaneous 3,930,285 - 3,930,285
Transfers 1,018,664 (1,018,664) -
Total general revenues and transfers 150,693,602 8,008,049 158,701,651
Change in net position 37,247,961 56,783,325 94,031,286
Net position at beginning of year 196,533,071 738,743,314 935,276,385
Net position at end of year $ 233,781,032 $ 795,526,639 $ 1,029,307,671
The notes to the basic financial statements are an integral part of this statement. (concluded)
63
19
CITY OF DENTON,TEXAS Exhibit III
BALANCESHEET
GOVERNMENTAL FUNDS
AS OF SEPTEMBER 30,2019
Capital Other Total
General Debt Service Projects Governmental Governmental
Fund Fund Fund Funds Funds
ASSETS:
Cash,cash equivalents and investments,
at fair value $ 26,064,281 $ 5,315,397 $ 189,031,769 $ 24,878,126 $ 245,289,573
Receivables,net of allowances
for uncollectibles:
Taxes 8,139,673 378,256 - 312,173 89830,102
Accrued interest 107,660 21,542 766,082 100,820 996,104
Other 2,352,163 - 23,868 26,739 29402,770
Interfund receivables 892,529 - - - 892,529
Due from other governments 1,379,881 - 409,329 19407,736 39196,946
Total assets $ 38,936,187 $ 5,715,195 $ 190,231,048 $ 26,725,594 $ 261,608,024
LIABILITIES:
Accounts payable 4,793,800 - 8,115,254 1,280,846 14,189,900
Retainage payable - - 1,748,075 19,304 1,767,379
Interfund payables - - - 211,221 211,221
Due to other governments 41 - - - 41
Other liabilities 441,811 - - - 441,811
Unearned revenues - - 59,032,893 25,871 59,058,764
Total liabilities 5,235,652 - 68,896,222 1,537,242 75,669,116
DEFERRED INFLOWS OF RESOURCES:
Unavailable revenue-property taxes 543,041 262,015 - - 805,056
Unavailable revenue-general services 1,811,819 - - - 1,811,819
Unavailable revenue-intergovernmental 606,831 - 409,329 761,663 19777,823
Total deferred inflows of resources 2,961,691 262,015 409,329 761,663 4,394,698
FUND BALANCES:
Restricted for:
Debt service - 5,453,180 - - 5,453,180
Parks and recreation - - 5,668,582 7,054,495 12,723,077
Streets and drainage projects - - 72,508,710 3,389,244 75,897,954
Other capital projects - - 20,271,843 - 20,271,843
Other grants and purposes - - - 7,171,142 7,171,142
Committed to:
Streets - - 2,524,083 3,441,732 5,965,815
Parks and recreation - - 176,660 372,755 549,415
Other purposes - - - 3,779,944 3,779,944
Assigned to:
Streets and drainage projects - - 10,867,803 - 10,867,803
Use of reserves 160,606 - - - 160,606
Capital projects - - 8,907,816 - 8,907,816
Other purposes - - 61 61
Unassigned 30,578,238 - - (782,684) 29,795,554
Total fund balances 30,738,844 5,453,180 120,925,497 24,426,689 181,544,210
Total liabilities,deferred inflows of
resources and fund balances $ 38,936,187 $ 5,715,195 $ 190,231,048 $ 26,725,594 $ 261,608,024
The notes to the basic financial statements are an integral part of this statement.
64
20
CITY OF DENTON,TEXAS Exhibit IV
RECONCILIATION OF THE BALANCE SHEET
OF GOVERNMENTAL FUNDS TO THE
STATEMENT OF NET POSITION
AS OF SEPTEMBER 30,2019
Total fund balances-governmental funds(Exhibit 111) $ 181,544,210
Amounts reported for governmental activities in the statement of net position are
different because:
Capital assets used in governmental activities are not financial resources and
therefore are not reported as assets in governmental funds.Includes capital assets
of internal service funds. 372,412,541
Certain receivables will be collected next year but are not available soon enough
to pay for the current period's expenditures and therefore are reported as
deferred inflows of resources in the funds. 4,394,698
Deferred outflows of resources are not reported in the governmental funds.Includes
deferred outflows of internal service funds:
Deferred loss on refundings $ 1,210,989
Deferred pension balances 43,887,663
Deferred other post-employment benefits contributions 1,777,674 46,876,326
An internal charge to business-type activities is not recorded at the fund level. (9,225,330)
Several internal service funds are used by the City's management to charge the
costs of certain activities,such as insurance and fleet management,to individual
funds.The assets,liabilities,deferred outflows,and deferred inflows of the internal
service funds are included with governmental activities.Internal service fund
balances not included in other reconciling items listed above or below:
Current assets $ 29,254,134
Liabilities (16,323,432) 12,930,702
Long-term balances,including bonds payable,are not due and payable in the current
period and therefore are not reported as liabilities in the funds.Includes balances of
internal service funds.Long-term liabilities and related balances at year-end consist of:
General obligation bonds payable $ (135,507,957)
Certificates of obligation payable (83,560,000)
Bond(premiums)/discounts (12,749,386)
Accrued interest on the bonds (1,087,894)
Capital leases payable Net Pension Liability (84,815,577)
Total other post-employment benefits liability (29,130,676)
Compensated absences (13,298,877) (360,150,367)
Deferred inflows of resources are not reported in the governmental funds.Includes
deferred outflows of internal service funds:
Deferred pension balances (15,001,748)
Deferred other post-employment benefits contributions
Total net position of governmental activities(Exhibit 1) $ 233,781,032
The notes to the basic financial statements are an integral part of this exhibit.
65
21
CITY OF DENTON,TEXAS Exhibit V
STATEMENT OF REVENUES,EXPENDITURES,
AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Capital Other Total
General Debt Service Projects Governmental Governmental
Fund Fund Fund Funds Funds
REVENUES:
Taxes $ 85,149,284 $ 24,316,086 $ - $ 3,971,866 $ 113,437,236
Licenses and permits 3,889,820 - - - 3,889,820
Franchise fees 13,443,408 - - 12,717,231 26,160,639
Fines and forfeitures 3,651,697 - - 1,495,506 5,147,203
Fees for services 6,981,182 - - 4,602,561 11,583,743
Investment revenue 1,114,348 525,796 3,939,768 513,188 6,093,100
Intergovernmental 1,339,188 - 18,140,308 2,997,696 22,477,192
Miscellaneous 470,502 - 1,233,844 3,339,306 5,043,652
Total revenues 116,039,429 24,841,882 23,313,920 29,637,354 193,832,585
EXPENDITURES:
Current:
General government 29,967,473 - 34,962 5,525,628 35,528,063
Public safety 68,174,782 - 146,343 2,936,533 71,257,658
Public works 3,035,748 - 102,611 11,440,859 14,579,218
Parks and recreation 9,786,783 - 37,151 5,397,158 15,221,092
Capital outlay 737,271 - 63,159,529 939,085 64,835,885
Debt service:
Principal retirement 4,171 16,900,466 - - 16,904,637
Bond issuance costs - - 142,226 - 142,226
Interest and other charges - 8,146,969 - - 8,146,969
Total expenditures 111,706,228 25,047,435 63,622,822 26,239,263 226,615,748
Excess(deficiency)of revenues
over(under)expenditures 4,333,201 (205,553) (40,308,902) 3,398,091 (32,783,163)
OTHER FINANCING SOURCES(USES):
Issuance of long-term debt - - 25,870,000 - 25,870,000
Premium on debt issuance - - 2,006,343 - 2,006,343
Insurance recoveries - - 88,954 - 88,954
Sale of capital assets 17,033 - - - 17,033
Transfers in 1,100,000 129,250 8,797,645 4,450,849 14,477,744
Transfers out (5,028,775) - (1,102,091) (4,103,778) (10,234,644)
Total other financing sources(uses) (3,911,742) 129,250 35,660,851 347,071 32,225,430
Net change in fund balances 421,459 (76,303) (4,648,051) 3,745,162 (557,733)
Fund balance at beginning of year 30,317,385 5,529,483 125,573,548 20,681,527 182,101,943
Fund balances at end of year $ 30,738,844 $ 5,453,180 $ 120,925,497 $ 24,426,689 $ 181,544,210
The notes to the basic financial statements are an integral part of this statement.
66
22
CITY OF DENTON,TEXAS Exhibit VI
RECONCILIATION OF THE STATEMENT OF REVENUES,
EXPENDITURES,AND CHANGES IN FUND BALANCES
OF GOVERNMENTAL FUNDS TO THE STATEMENT
OF ACTIVITIES
FOR THE YEAR ENDED SEPTEMBER 30,2019
Net change in fund balances-total governmental funds(Exhibit V) $ (557,733)
Amounts reported for governmental activities in the statement of activities are
different because:
Governmental funds report capital outlays as expenditures. However,in the
statement of activities the cost of those assets is allocated over their
estimated useful lives and reported as depreciation expense. This is the
amount by which capital outlay($64,835,885)is different from depreciation and
retirement of assets($18,611,023=$20,678,309 total governmental minus
$2,067,286 internal service portion)in the current period. 46,224,862
Revenues in the statement of activities that do not provide current financial
resources are not reported as revenues in the funds. Such amounts are
recorded in the funds when considered available. (393,898)
The net effect of various miscellaneous transactions involving capital assets
(i.e.,sales,trade-ins and donations)is to increase net position. 8,549,557
Bond proceeds provide current financial resources to governmental funds,but
issuing debt increases long-term liabilities in the statement of net position.
Repayment of bond principal is an expenditure in the governmental funds,
but the repayment reduces long-term liabilities in the statement of net
position. This is the amount by which payments exceeded proceeds. (8,965,364)
Fund-level financials report costs related to bonds as expenditures;however,
these are deferred and amortized on the government-wide financials. (552,287)
Certain expenses reported in the statement of activities do not require the use
of current financial resources and therefore are not reported as expenditures
in governmental funds. (5,550,318)
Internal service funds are used by management to charge the costs of certain
activities,such as insurance and technology services,to individual funds.
A portion of the net revenue(expense)of certain internal service funds is
reported with governmental activities. The amount reported with
business-type activities is$2,389,856. (1,506,858)
Change in net position of governmental activities(Exhibit 11) $ 37,247,961
The notes to the basic financial statements are an integral part of this statement.
67
23
CITY
OF
DENTON
CITY OF DENTON,TEXAS Exhibit VII
STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE-BUDGET TO ACTUAL
GENERAL FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Taxes $ 88,191,500 $ 88,191,500 $ 85,149,284 $ - $ 85,149,284 $ (3,042,216)
Licenses and permits 3,863,524 3,863,524 3,889,820 - 3,889,820 26,296
Franchise fees 12,790,058 12,790,058 13,443,408 - 13,443,408 653,350
Fines and forfeitures 3,723,000 3,723,000 3,651,697 - 3,651,697 (71,303)
Fees for services 8,154,879 8,154,879 6,981,182 203,739 7,184,921 (969,958)
Investment revenue 460,000 460,000 1,114,348 - 1,114,348 654,348
Intergovernmental 1,280,810 1,280,810 1,339,188 - 1,339,188 58,378
Miscellaneous 363,388 363,388 470,502 - 470,502 107,114
Total revenues 118,827,159 118,827,159 116,039,429 203,739 116,243,168 (2,583,991)
EXPENDITURES:
Current:
General government 35,780,957 35,012,870 29,967,473 4,587,091 34,554,564 458,306
Public safety 65,282,346 65,274,931 68,174,782 (3,666,233) 64,508,549 766,382
Public works 3,143,679 3,143,679 3,035,748 (125,079) 2,910,669 233,010
Parks and recreation 10,101,019 10,032,609 9,786,783 (294,528) 9,492,255 540,354
Capital outlay 589,553 548,911 737,271 - 737,271 (188,360)
Debt service:
Principal retirement - - 4,171 - 4,171 (4,171)
Total expenditures 114,897,554 114,013,000 111,706,228 501,251 112,207,479 1,805,521
Excess(deficiency)of revenues
over(under)expenditures 3,929,605 4,814,159 4,333,201 (297,512) 4,035,689 (778,470)
OTHER FINANCING SOURCES
(USES):
Sale of capital assets 141,000 141,000 17,033 - 17,033 (123,967)
Transfer in 8,733,146 8,733,146 1,100,000 9,531,697 10,631,697 1,898,551
Transfers out (14,286,882) (15,171,436) (5,028,775) (9,234,185) (14,262,960) 908,476
Total other financing
sources(uses) (5,412,736) (6,297,290) (3,911,742) 297,512 (3,614,230) 2,683,060
Excess(deficiency)of revenues
and other sources over(under)
expenditures and other uses (1,483,131) (1,483,131) 421,459 - 421,459 1,904,590
Fund balances at beginning of year 30,317,385 30,317,385 30,317,385 - 30,317,385 -
Fund balance at end of year $ 28,834,254 $ 28,834,254 $ 30,738,844 $ - $ 30,738,844 $ 1,904,590
Adjustments-Budgetary Basis are expenditures allocated to and reimbursed by other funds. These
expenditures are recorded in the other funds'financials.
The notes to the basic financial statements are an integral part of this statement.
69
25
CITY OF DENTON,TEXAS Exhibit VIII
STATEMENT OF NET POSITION
PROPRIETARY FUNDS
AS OF SEPTEMBER 30,2019
Business-type Activities-Enterprise Funds
Utility System
Electric Water Wastewater
Fund Fund Fund
ASSETS:
Current assets:
Cash,cash equivalents and investments,
at fair value $ 73,862,439 $ 61,978,738 $ 44,821,921
Receivables,net of allowances:
Accounts 13,740,818 2,632,280 1,465,399
Unbilled utility service 11,286,978 3,476,604 1,862,164
Accrued interest 299,340 251,153 181,647
Other 7,258,831 - -
Interfund receivables 5,500,830 912,180 205,682
Merchandise inventory - - -
Prepaid items 9,561,808 - -
Other Assets 31,581,238 - -
Total current assets 153,092,282 69,250,955 48,536,813
Noncurrent assets:
Restricted assets:
Cash,cash equivalents and investments,
at fair value 53,028,990 32,065,094 22,707,007
Escrow deposit - - -
Accrued interest 214,909 129,949 92,024
Total restricted assets 53,243,899 32,195,043 22,799,031
Capital assets,net of accumulated depreciation 687,422,490 272,569,480 235,042,875
Total noncurrent assets 740,666,389 304,764,523 257,841,906
Total assets 893,758,671 374,015,478 306,378,719
DEFERRED OUTFLOWS OF RESOURCES:
Deferred charges on refunding 955,692 1,578,138 97,531
Deferred pension balances 8,766,431 3,120,541 3,158,070
Deferred other post employment benefit balances 325,427 126,528 181,747
Total deferred outflows of resources 10,047,550 4,825,207 3,437,348
LIABILITIES:
Current liabilities:
Accounts payable 6,479,873 1,670,624 1,448,503
Retainage payable - 12,253 82,992
Claims payable - - -
Compensated absences payable 1,106,970 382,979 359,743
Deposits 3,294,311 305,148 103,009
Accrued interest - - -
Interfund payables - - -
Asset retirement obligation 2,766,190 - -
Payable from restricted assets:
Accounts payable 1,433,842 660,694 74,036
Retainage payable 577,718 41,301 -
Accrued interest 5,464,562 409,732 229,467
Certificate and general
obligation bonds 33,700,571 10,930,972 6,187,288
Total current liabilities paid from restricted
assets 41,176,693 12,042,699 6,490,791
Total current liabilities 54,824,037 14,413,703 8,485,038
(continued on the following page)
70
26
CITY OF DENTON,TEXAS Exhibit VIII
STATEMENT OF NET POSITION
PROPRIETARY FUNDS
AS OF SEPTEMBER 30,2019
Governmental
Business-type Activities-Enterprise Funds Activities-
Total Internal
Solid Waste Airport Enterprise Service
Fund Fund Funds Funds
ASSETS:
Current assets:
Cash,cash equivalents and investments,
at fair value $11,798,831 $ 3,673,057 $ 196,134,986 $ 18,622,454
Receivables,net of allowances:
Accounts 1,657,579 57,379 19,553,455 -
Unbilled utility service 1,667,964 - 18,293,710 -
Accrued interest 47,814 14,886 794,840 74,077
Other - 84,334 7,343,165 116,298
Interfund receivables - - 6,618,692 -
Merchandise inventory - - - 8,273,896
Prepaid items - - 9,561,808 256,273
Deferred charges - - 31,581,238 -
Total current assets 15,172,188 3,829,656 289,881,894 27,342,998
Noncurrent assets:
Restricted assets:
Cash,cash equivalents and investments,
at fair value 23,583,092 2,795,019 134,179,202 1,703,233
Escrow deposit - - - 201,000
Accrued interest 95,574 11,327 543,783 6,903
Total restricted assets 23,678,666 2,806,346 134,722,985 1,911,136
Capital assets,net of accumulated depreciation 53,596,277 15,927,748 1,264,558,870 15,128,483
Total noncurrent assets 77,274,943 18,734,094 1,399,281,855 17,039,619
Total assets 92,447,131 22,563,750 1,689,163,749 44,382,617
DEFERRED OUTFLOWS OF RESOURCES:
Deferred charges on refunding 97,878 - 2,729,239 10,930
Deferred pension balances 3,681,758 191,570 18,918,370 7,213,809
Deferred other post employment benefit balances 189,595 10,600 833,897 364,617
Total deferred outflows of resources 3,969,231 202,170 22,481,506 7,589,356
LIABILITIES:
Current liabilities:
Accounts payable 680,348 25,944 10,305,292 4,416,484
Retainage payable - - 95,245 -
Claims payable - - - 2,285,831
Compensated absences payable 375,388 21,764 2,246,844 925,424
Deposits 195,687 19,009 3,917,164 -
Accrued interest - - - 7,929
Interfund payables - - - 7,300,000
Asset retirement obligation - - 2,766,190 -
Payable from restricted assets:
Accounts payable 24,469 - 2,193,041 4,206
Retainage payable 7,548 - 626,567 8,451
Accrued interest 219,430 - 6,323,191 -
Certificate and general
obligation bonds 7,396,007 - 58,214,838 413,269
Total current liabilities paid from restricted
assets 7,647,454 - 67,357,637 425,926
Total current liabilities 8,898,877 66,717 86,688,372 15,361,594
(continued on the following page)
71
27
CITY OF DENTON,TEXAS Exhibit VIII
STATEMENT OF NET POSITION
PROPRIETARY FUNDS
AS OF SEPTEMBER 30,2019
Business-type Activities-Enterprise Funds
Utility System
Electric Water Wastewater
Fund Fund Fund
Noncurrent liabilities:
General obligation bonds payable $ 54,061,521 $ 38,922,098 $ 5,995,882
Certificates of obligation 316,883,454 31,177,002 35,069,756
Revenue bonds payable 230,578,841 - -
Asset retirement obligation 19,897,527 - -
Compensated absences payable 239,744 42,961 59,093
Claims payable - - -
Net pension liability 17,533,262 6,042,284 6,470,272
Total other post-employment benefits liability 5,197,784 2,845,691 3,106,974
Landfill closure/postclosure costs - - -
Total noncurrent liabilities 644,392,133 79,030,036 50,701,977
Total liabilities 699,216,170 93,443,739 59,187,015
DEFERRED INFLOWS OF RESOURCES:
Deferred charges on refundings 754,467 - -
Deferred pension balances 2,871,371 941,436 984,975
Deferred other post employment benefit balances 224,004 116,379 121,949
Total deferred inflows of resources 3,849,842 1,057,815 1,106,924
NET POSITION:
Net investment in capital assets 132,924,431 212,237,058 203,919,697
Restricted for debt service 10,060,625 - -
Restricted for capital acquisition - 13,045,131 6,766,815
Unrestricted 57,755,153 59,056,942 38,835,616
Total net position $ 200,740,209 $ 284,339,131 $ 249,522,128
(continued on the following page)
The notes to the basic financial statements are an integral part of this statement.
72
28
CITY OF DENTON,TEXAS Exhibit VIII
STATEMENT OF NET POSITION(concluded)
PROPRIETARY FUNDS
AS OF SEPTEMBER 30,2019
Governmental
Business-type Activities-Enterprise Funds Activities-
Total Internal
Solid Waste Airport Enterprise Service
Fund Fund Funds Funds
Noncurrent liabilities:
General obligation bonds payable $ 2,887,168 $ - $ 101,866,669 $ 186,556
Certificates of obligation 31,548,622 - 414,678,834 1,370,077
Revenue bonds payable - - 230,578,841 -
Asset retirement obligation - - 19,897,527 -
Compensated absences payable 97,826 638 440,262 125,139
Claims payable - - - 2,308,460
Net pension liability 7,747,408 473,357 38,266,583 13,106,440
Total other post-employment benefits liability 3,166,875 179,827 14,497,151 5,254,893
Landfill closure/postclosure costs 10,970,382 - 10,970,382 -
Total noncurrent liabilities 56,418,281 653,822 831,196,249 22,351,565
Total liabilities 65,317,158 720,539 917,884,621 37,713,159
DEFERRED INFLOWS OF RESOURCES:
Deferred charges on refundings - - 754,467 1,934,738
Deferred pension balances 1,243,818 59,563 6,101,163 1,934,738
Deferred other post employment benefit balances 133,934 7,429 603,695 244,991
Total deferred inflows of resources 1,377,752 66,992 7,459,325 4,114,467
NET POSITION:
Net investment in capital assets 24,483,480 15,927,748 589,492,414 13,169,511
Restricted for debt service - - 10,060,625 -
Restricted for capital acquisition - 2,806,346 22,618,292 1,710,136
Unrestricted 5,237,972 3,244,295 164,129,978 (2,800,562)
Total net position $ 29,721,452 $ 21,978,389 $ 786,301,309 $ 12,079,085
Adjustment to reflect inclusion of internal service fund activities related to enterprise funds. 9,225,330
Net position of business-type activities(Exhibit 1) $ 795,526,639
The notes to the basic financial statements are an integral part of this statement. (concluded)
73
29
CITY OF DENTON,TEXAS Exhibit IX
STATEMENT OF REVENUES,EXPENSES AND
CHANGES IN FUND NET POSITION
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Business-type Activities-Enterprise Funds
Utility System
Electric Water Wastewater
Fund Fund Fund
OPERATING REVENUES:
Utility services $ 233,248,967 $ 37,057,130 $ 29,193,400
Charges for goods and services - - -
Other fees 9,188,244 1,305,976 1,427,097
Miscellaneous - - -
Total operating revenues 242,437,211 38,363,106 30,620,497
OPERATING EXPENSES:
Operating expenses before depreciation 197,841,218 19,181,820 19,720,085
Depreciation 22,712,226 8,302,616 8,399,869
Total operating expenses 220,553,444 27,484,436 28,119,954
Operating income(loss) 21,883,767 10,878,670 2,500,543
NON-OPERATING REVENUES(EXPENSES):
Investment revenue 3,649,893 2,504,272 1,698,530
Interest expense and fiscal charges (13,439,903) (1,934,582) (722,099)
Impact fee revenue - 7,523,794 4,421,613
Gain(loss)on disposal of capital assets (1,012,532) - (154,438)
Gas well revenues - - -
Other non-operating revenues(expenses) - 119,711 1,031,660
Total non-operating revenues(expenses) (10,802,542) 8,213,195 6,275,266
Income(loss)before contributions and transfers 11,081,225 19,091,865 8,775,809
CONTRIBUTIONS AND TRANSFERS:
Capital contributions - 6,018,228 10,020,848
Transfers in - 2,403,614 347,187
Transfers out (762,234) (1,495,614) (1,227,107)
Total contributions and transfers (762,234) 6,926,228 9,140,928
Change in net position 10,318,991 26,018,093 17,916,737
Net position at beginning of year 190,421,218 258,321,038 231,605,391
Total net position at end of year $ 200,740,209 $ 284,339,131 $ 249,522,128
(continued on the following page)
The notes to the basic financial statements are an integral part of this statement.
74
30
CITY OF DENTON,TEXAS Exhibit IX
STATEMENT OF REVENUES,EXPENSES AND
CHANGES IN FUND NET POSITION(concluded)
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Governmental
Business-type Activities-Enterprise Funds Activities-
Total Internal
Solid Waste Airport Enterprise Service
Fund Fund Funds Funds
OPERATING REVENUES:
Utility services $ 34,431,364 $ - $ 333,930,861 $ -
Charges for goods and services - 1,068,476 1,068,476 78,134,093
Other fees 239,155 - 12,160,472 -
Miscellaneous - 15,780 15,780 1,226,534
Total operating revenues 34,670,519 1,084,256 347,175,589 79,360,627
OPERATING EXPENSES:
Operating expenses before depreciation 22,508,634 1,399,610 260,651,367 78,550,034
Depreciation 6,300,870 603,769 46,319,350 2,067,286
Total operating expenses 28,809,504 2,003,379 306,970,717 80,617,320
Operating income(loss) 5,861,015 (919,123) 40,204,872 (1,256,693)
NON-OPERATING REVENUES(EXPENSES):
Investment revenue 935,346 238,672 9,026,713 594,071
Interest expense and fiscal charges (1,178,483) - (17,275,067) (23,976)
Impact fee revenue - - 11,945,407 -
Gain(loss)on disposal of capital assets (58,653) - (1,225,623) -
Gas well revenues - 313,325 313,325 -
Other non-operating revenues(expenses) 11,354 417 1,163,142 14,320
Total non-operating revenues(expenses) (290,436) 552,414 3,947,897 584,415
Income(loss)before contributions and transfers 5,570,579 (366,709) 44,152,769 (672,278)
CONTRIBUTIONS AND TRANSFERS:
Capital contributions - - 16,039,076 -
Transfers in 112,677 - 2,863,478 29,626
Transfers out (347,187) (50,000) (3,882,142) (3,254,062)
Total contributions and transfers (234,510) (50,000) 15,020,412 (3,224,436)
Change in net position 5,336,069 (416,709) 59,173,181 (3,896,714)
Net position at beginning of year 24,385,383 22,395,098 727,128,128 15,975,799
Total net position at end of year $ 29,721,452 $ 21,978,389 $ 786,301,309 $ 12,079,085
Change in fund net position of proprietary funds 59,173,181
Adjustment to reflect inclusion of internal service fund activities related to enterprise funds. (2,389,856)
Change in net position of business-type activities(Exhibit 11) $ 56,783,325
The notes to the basic financial statements are an integral part of this statement. (concluded)
75
31
CITY OF DENTON,TEXAS Exhibit X
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Business-type Activities-Enterprise Funds
Utility System
Electric Water Wastewater
Fund Fund Fund
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash received from customers $ 233,791,131 $ 36,129,340 $ 30,906,766
Cash paid to employees for services (17,795,822) (7,626,693) (7,829,614)
Cash paid to suppliers (152,190,715) (9,457,981) (11,027,455)
Net cash provided(used)by operating activities 63,804,594 19,044,666 12,049,697
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:
Transfers out (762,234) (1,495,614) (1,114,429)
Transfers in - - -
Proceeds from issuance of non-capital debt 28,738,939 - -
Principal payments on non-capital debt (34,745,000) - -
Interest and fiscal charges on non-capital debt (1,967,313) -Net cash provided(used)by noncapital financing activities: (8,735,608) (1,495,614) (1,114,429)
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:
Proceeds from issuance of debt 7,620,917 3,011,168 9,842,962
Principal payments on capital debt (14,200,000) (9,290,000) (5,190,000)
Interest and fiscal charges (16,245,238) (2,906,010) (1,134,981)
Proceeds from gas wells - - -
Proceeds from impact fees - 7,523,794 4,421,613
Proceeds from sale or reimbursement of capital assets - - -
Acquisition and construction of capital assets (47,237,458) (9,971,433) (7,554,932)
Net cash provided(used)by capital financing activities (70,061,779) (11,632,481) 384,662
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale and maturities of investment securities 74,112,973 38,028,013 19,335,847
Purchase of investment securities (86,858,675) (58,843,559) (38,994,173)
Interest received on investments 3,810,498 2,541,449 1,691,320
Net cash provided(used)by investing activities (8,935,204) (18,274,097) (17,967,006)
Net increase in cash and cash equivalents (23,927,997) (12,357,526) (6,647,076)
Cash and cash equivalents at beginning of year 44,321,467 27,477,404 17,500,300
Cash and cash equivalents at end of year 20,393,470 15,119,878 10,853,224
Investments,at fair value(Note IV.A.) 106,497,959 78,923,954 56,675,704
Cash,cash equivalents and investments,at fair value $ 126,891,429 $ 94,043,832 $ 67,528,928
RECONCILIATION OF OPERATING INCOME(LOSS)TO NET CASH
PROVIDED(USED)BY OPERATING ACTIVITIES:
Operating income(loss) $ 21,883,767 $ 10,878,670 $ 2,500,543
Adjustments:
Depreciation expense 22,712,226 8,3029616 8,3999869
Decrease(Increase)in receivables (2,813,061) (1,987,375) 290,959
Increase in interfund receivables (1,727,377) (246,391) (4,690)
Increase in inventories - - -
Decrease in prepaid items 12,922,056 - -
Increase in other assets (8,312,798) - -
Increase in escrow deposits - - -
Increase(Decrease)in accounts payable (612,368) 1,627,584 345,694
Decrease in unearned revenue (4,105,642) - -
Increase(Decrease)in compensated absences payable (86,546) (70,403) (13,271)
Increase in net municipal pension balances 929,894 334,054 334,251
Increase in other post-employment benefit balances 350,726 205,911 196,342
Increase in closure/postclosure liability - - -
Increase in interfund payables - - -
Increase in asset retirement obligations 22,663,717 - -
Total adjustments 41,920,827 8,165,996 9,5499154
Net cash provided(used)by operating activities $ 63,804,594 $ 19,044,666 $ 12,049,697
NONCASH CAPITAL,INVESTING AND FINANCING ACTIVITIES:
Increase in fair value of investments 19030,792 6849921 4599122
Increase in equity due to non-cash transfers - 2,403,614 -
Capital asset contributions - 6,018,228 10,020,848
The notes to the basic financial statements are an integral part of this statement. (continued on the following page)
76
32
CITY OF DENTON,TEXAS Exhibit X
STATEMENT OF CASH FLOWS(concluded)
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019 Governmental
Business-type Activities-Enterprise Funds Activities
Total Internal
Solid Waste Airport Enterprise Service
Fund Fund Funds Funds
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash received from customers $ 34,633,510 $ 1,075,303 $ 336,536,050 $ 79,352,267
Cash paid to employees for services (9,616,893) (501,861) (43,370,883) (19,568,967)
Cash paid to suppliers (13,240,703) (855,582) (186,772,436) (54,594,789)
Net cash provided(used)by operating activities 11,775,914 (282,140) 106,392,731 5,188,511
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:
Transfers out - (50,000) (3,422,277) (850,448)
Transfers in - - - 29,626
Proceeds from issuance of non-capital debt - - 28,738,939 -
Principal payments on non-capital debt - - (34,745,000) -
Interest and fiscal charges on non-capital debt - - (1,967,313)
Net cash provided(used)by noncapital financing activities: - (50,000) (11,395,651) (820,822)
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:
Proceeds from issuance of debt - - 20,475,047 1,603,317
Principal payments on capital debt (7,090,020) - (35,770,020) (284,512)
Interest and fiscal charges (1,831,899) - (22,118,128) (26,566)
Proceeds from gas wells - 409,704 409,704 -
Proceeds from impact fees - - 11,945,407 -
Proceeds from sale or reimbursement of capital assets - 346,218 346,218 -
Acquisition and construction of capital assets (6,192,247) (259,343) (71,215,413) (8,647,664)
Net cash provided(used)by capital financing activities (15,114,166) 496,579 (95,927,185) (7,355,425)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale and maturities of investment securities 18,971,482 2,945,587 153,393,902 12,598,995
Purchase of investment securities (23,038,817) (4,258,339) (211,993,563) (14,152,763)
Interest received on investments 976,433 242,086 9,261,786 622,623
Net cash provided(used)by investing activities (3,090,902) (1,070,666) (49,337,875) (931,145)
Net increase in cash and cash equivalents (6,429,154) (906,227) (50,267,980) (3,918,881)
Cash and cash equivalents at beginning of year 12,116,095 1,945,750 103,361,016 7,474,323
Cash and cash equivalents at end of year 5,686,941 1,039,523 53,093,036 3,555,442
Investments,at fair value(Note IV.A.) 29,694,982 5,4289553 277,221,152 16,770,245
Cash,cash equivalents and investments,at fair value $ 35,381,923 $ 6,468,076 $ 330,314,188 $ 20,325,687
RECONCILIATION OF OPERATING INCOME(LOSS)TO NET CASH
PROVIDED(USED)BY OPERATING ACTIVITIES:
Operating income(loss) $ 5,861,015 $ (919,123) $ 40,204,872 $ (1,256,693)
Adjustments:
Depreciation expense 6,300,870 603,769 46,3199350 2,067,286
Decrease(Increase)in receivables (22,698) (8,953) (4,541,128) (89360)
Decrease(Increase)in interfund receivables - - (1,9789458) -
Decrease in inventories - - - (1,6909298)
Increase in prepaid items - - 12,9229056 27,490
Decrease in other assets - - (8,312,798) -
Increase in escrow deposits - - - (12,000)
Increase(Decrease)in accounts payable (974,791) 16,026 402,145 2,4389342
Decrease in unearned revenue - - (4,1059642) -
Increase(Decrease)in compensated absences payable (44,946) (5,170) (2209336) 250,420
Decrease in net municipal pension balances 386,192 19,527 2,0039918 845,193
Increase in other post-employment benefit balances 211,278 11,784 976,041 2929131
Increase in closure/postclosure liability 58,994 - 589994 -
Decrease in interfund payables - - - 2,2359000
Increase in asset retirement obligations - - 22,6639717 -
Total adjustments 59914,899 636,983 66,1879859 6,445,204
Net cash provided(used)by operating activities $ 11,775,914 $ (282,140) $ 106,392,731 $ 5,188,511
NONCASH CAPITAL,INVESTING AND FINANCING ACTIVITIES:
Increase in fair value of investments 283,851 47,937 2,506,623 1659466
Increase in equity due to non-cash transfers - - 2,403,614 (2,403,614)
Capital asset contributions - - 16,039,076 The notes to the basic financial statements are an integral part of this statement. (concluded)
77
33
CITY OF DENTON,TEXAS Exhibit XI
STATEMENT OF ASSETS AND LIABILITIES
AGENCY FUNDS
AS OF SEPTEMBER 30,2019
Agency
Fund
ASSETS:
Cash,cash equivalents and investments,
at fair value $ 160,031
Total assets $ 160,031
LIABILITIES:
Accounts payable $ 160,031
Total liabilities $ 160,031
The notes to the basic financial statements are an integral part of this statement.
78
34
CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS
SEPTEMBER 30,2019
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The City of Denton is a municipal corporation governed by an elected seven-member council consisting of a
mayor elected at large and six councilpersons, four representing specific geographical districts and two
elected at large. The City receives funding from state and federal government sources and must comply with
the requirements of these funding source entities.However,the City is not included in any other governmental
"reporting entity,"as defined in pronouncements by the Governmental Accounting Standards Board(GASB),
as council members are elected by the public and have decision-making authority,the authority to levy taxes,
the power to designate management, the ability to significantly influence operations, and primary
accountability for fiscal matters.
The financial statements of the City have been prepared to conform to accounting principles generally
accepted (GAAP) in the United States of America as applicable to state and local governments. Generally
accepted accounting principles for local governments include principles prescribed by GASB, the accepted
standard-setting body for establishing governmental accounting and financial reporting principles. The
following is a summary of the more significant policies.
A. Reporting Entity
An elected seven-member council consisting of a mayor and six councilpersons govern the City.As required
by accounting principles generally accepted in the United States of America, these financial statements
present the City (the primary government) and its component units, which are entities for which the City is
considered to be financially accountable.Blended component units,although legally separate entities, are,in
substance, part of the City's operations, and so data from these units are combined with data of the primary
government. A discretely presented component unit, on the other hand, is reported in a separate column in
the government-wide financial statements to emphasize it is legally separate from the City. The City had no
component units, discretely presented or blended, at September 30,2019.
B. Government-wide and Fund Financial Statements
The basic financial statements include both government-wide (based on the City as a whole) and fund
financial statements.The reporting focus is either the City as a whole(government-wide financial statements)
or major individual funds (within the fund financial statements). The government-wide financial statements
(i.e., the statement of net position and the statement of activities) report information on all non-fiduciary
activities of the primary government. For the most part, the effect of inter-fund activity has been removed
from these statements. Governmental activities, which normally are supported by taxes and
intergovernmental revenues,are reported separately from business-type activities,which rely to a significant
extent on fees and charges for support.
The government-wide statement of activities demonstrates the degree to which the direct expenses of a
functional category (public safety, public works, etc.) or segment are offset by program revenues. Direct
expenses are those that are clearly identifiable with a specific function or segment.Program revenues include
(1)charges to customers or applicants who purchase,use or directly benefit from goods,services or privileges
provided by a given function or segment;(2)grants and contributions that are restricted to meeting operational
requirements of a particular function or segment;and(3)grants and contributions that are restricted to meeting
the capital requirements of a particular function or segment. Taxes and other items not properly included
among program revenues are reported instead as general revenues.
The net cost(by function or business-type activity) is normally covered by general revenue (property taxes,
sales taxes, franchise fees, interest income, etc.).
Separate fund financial statements are provided for governmental funds, proprietary funds, and fiduciary
funds, even though the latter are excluded from the government-wide financial statements. Major
governmental funds and major enterprise funds are reported as separate columns in the fund financial
statements. GASB Statement No. 34 sets forth minimum criteria (percentage of assets, liabilities, revenues
or expenditures/expenses of either fund category and for the governmental and enterprise funds combined)
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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for the determination of major funds. Non-major funds are combined in a column in the fund financial
statements.
Internal service funds, which traditionally provide services primarily to other funds of the government, are
presented in summary form as part of the proprietary fund financial statements. The financial statements of
internal service funds are allocated (based on the percentage of goods or services provided) between the
governmental and business-type activities when presented at the government-wide level.
The City's fiduciary funds are presented in the fund financial statements. By definition these assets are being
held for the benefit of a third party(other local governments,individuals,etc.)and cannot be used to address
activities or obligations of the government,and as such,these funds are not incorporated into the government-
wide statements.
The government-wide focus is more on the sustainability of the City as an entity and the change in aggregate
financial position resulting from the activities of the fiscal period. The focus of the fund financial statements
is on the major individual funds of the governmental and business-type categories, as well as the fiduciary
funds (by category). Each presentation provides valuable information that can be analyzed and compared to
enhance the usefulness of the information.
C. Measurement Focus,Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and
the accrual basis of accounting, as are the proprietary fund statements. Revenues are recorded when earned,
and expenses are recorded when a liability is incurred,regardless of the timing of related cash flows.Property
taxes are recognized as revenues in the year for which they are levied.Grants and similar items are recognized
as revenue as soon as all eligibility requirements imposed by the provider have been met.
Governmental fund-level financial statements are reported using the current financial resources measurement
focus and the modified accrual basis of accounting. Revenues are recognized, and susceptible to accrual, as
soon as they are both measurable and available. Revenues are considered to be available when they are
collectible within the current period or soon enough thereafter to pay liabilities of the current period.For this
purpose,the government considers revenues to be available if they are collected within 60 days of the end of
the current fiscal period. Any amounts collected beyond the 60 days are recorded as deferred revenues.
Expenditures generally are recorded when a liability is incurred, as under accrual accounting.However, debt
service expenditures,as well as expenditures related to compensated absences and claims and judgments,are
recorded only when payment is due.
The City reports the following major governmental funds:
The general fund is the City's primary operating fund. All general tax revenues and other receipts that
are not allocated by law or contractual agreement to some other fund are accounted for in this fund.
From the fund are paid general operating costs,fixed charges and capital improvement costs that are not
paid through other funds.
The debt service fund accounts for the accumulation of financial resources for the payment of principal,
interest and related costs on general long-term debt, paid primarily by taxes levied by the City. On a
budgetary-basis, the debt service fund also accounts for pass-through debt service payments from the
self-supporting proprietary funds.
The capital projects fund accounts for financial resources used for the acquisition or construction of
capital other than those recorded in the enterprise funds and internal service funds.
Other governmental funds are a summarization of all of the non-major governmental funds.
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
The City reports the following major proprietary funds:
The City utility system is made up of three separate funds as follows:
The electric fund accounts for electrical utility services to the residents and commercial
establishments of the City.Activities necessary to provide such services are accounted for in the fund,
including, but not limited to, administration, operations, maintenance, finance and related debt
service.
The water fund accounts for water utility services to the residents and commercial establishments of
the City. Activities necessary to provide such services are accounted for in the fund, including, but
not limited to, administration, operations,maintenance, finance and related debt service.
The wastewater fund accounts for sewer and storm water services to the residents and commercial
establishments of the City.Activities necessary to provide such services are accounted for in the fund,
including, but not limited to, administration, operations, maintenance, finance and related debt
service.
The City provides additional services through the following funds:
The solid waste fund accounts for the provision of solid waste services to the residents of the City.
Activities necessary to provide such services are accounted for in the fund,including,but not limited
to, administration,operations,maintenance, finance and related debt service.
The airport fund accounts for the airport services to the public and is funded through operational and
gas well revenues. Activities necessary to provide such services are accounted for in the fund,
including,but not limited to, administration, operations,maintenance, and finance.
The City additionally reports the following funds:
Internal service funds are used to account for the financing of materials and services provided by one
department of the City to other departments of the City on a cost-reimbursement basis.
The materials management fund accounts for the financing of the goods and services of the
purchasing department as well as the management and inventory of the City warehouse activities.
The fleet services fund accounts for the financing of goods and services provided by the activities of
the City garage and machine shop to other departments.
The health insurance fund accounts for the accumulation of resources for the self-insurance activities
of the City for employee medical insurance as well as other employee insurance benefits including
long-term disability, short-term disability, and dental and vision insurances.
The risk retention fund accounts for the accumulation of resources for the payment of activities
associated with providing general liability insurance coverage and self-funded activities for City
departments.
The technology services fund accounts for financing and management of technology equipment,
software, and services such as programming, support, training, maintenance, and office services to
City departments.
The engineering services fund accounts for providing engineering, real estate, public works
inspection, and development review services primarily to City departments although some services
are provided to and paid by external entities.
The customer service fund accounts for providing customer service activities to residents and
businesses for City departments.Services include bill pay,utility service requests,connect/disconnect
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
services, maintenance of customer accounts, utility billing, operator calls, collections, accounts
receivable, and cash handling.
Agency funds are used to account for the payment of developers' escrow funds and other similar
liabilities. The City holds the assets in an agency capacity for individuals,private organizations or other
governments.
Proprietary funds distinguish operating revenues and expenses from non-operating items.Operating revenues
and expenses generally result from providing services and producing and delivering goods in connection with
a proprietary fund's principal ongoing operations. The principal operating revenues of the City's electric,
water, wastewater, solid waste, and airport funds are charges to customers for services. Operating expenses
for the enterprise funds and internal service funds include the cost of sales and services, administrative
expenses and depreciation on capital assets.All revenues and expenses not meeting this definition are reported
as non-operating revenues and expenses.
When both restricted and unrestricted resources are available for use, it is the City's policy to use restricted
resources first,then unrestricted resources as they are needed.
D. Budgetary Information
The City Council follows these procedures,as prescribed by City Charter,in establishing the budgets reflected
in the financial statements:
1. Within the time period required by law, the City Manager submits to the City Council a proposed
budget for the fiscal year beginning on the following October 1. The operating budget includes
proposed expenditures and the means of financing them.
2. Public hearings are conducted prior to the adoption of the budget in order to obtain taxpayer comments.
3. The annual budget adopted by the City Council covers the general fund, non-major special revenue
funds(Recreation Fund,Police Confiscation Fund,Tourist and Convention Fund,Gas Well Revenues
Fund, Street Improvement Fund, and the Citizens' Park Trusts), the debt service fund, the enterprise
funds, and internal service funds. The budget is legally enacted by the City Council through passage
of an ordinance prior to the beginning of the fiscal year.The basic financial statements reflect the legal
level of control, (i.e. the level at which expenditures cannot legally exceed the appropriated amount)
which is established at the total fund level as approved by City Council.
4. The City Charter provides for the City Manager to transfer any part of the unencumbered appropriation
balance or the entire balance thereof between programs or general classifications of expenditures
within an office, department, agency or organizational unit. (The City Council defines an
organizational unit as set forth in Article VIII, Section 8.07 of the City Charter,to be a fund that has
been appropriated by the City Council.)City Council approval is not required up to the fund level.The
Charter also provides that at any time during the year,at the request of the City Manager,City Council
may by resolution transfer any part of the unencumbered appropriation balance or the entire balance
thereof from one office, department, agency, or organizational unit to another, as well as make any
increases in fund appropriations.
Budgets are adopted on a basis for the governmental funds and the budgeted special revenue funds that is
generally consistent with generally accepted accounting principles.Budgets for enterprise funds are prepared
on the full accrual basis, except certain noncash transactions such as depreciation expense and amortization
on debt issuance costs where it is not budgeted,and debt service payments where it is budgeted.Also,during
the budgetary process,amounts are included in all fund budgets to recognize administrative transfers between
funds for goods or services. These amounts are not included in the reporting of actual activity for the funds.
For funds reporting required budget-to-actual comparisons, these administrative transfers are included as
adjustments—budgetary basis.
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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Appropriations in all budgeted funds lapse at the end of the fiscal year even if they have related encumbrances.
Encumbrances are commitments related to unperformed contracts for goods or services(i.e.,purchase orders
and contracts).While all appropriations and encumbrances lapse at year end,valid outstanding encumbrances
are re-appropriated against the subsequent year's budget,reducing the available appropriations for additional
expenditures.
E. Assets,Liabilities and Net Position or Equity
1. Cash,cash equivalents and investments
The City's cash and cash equivalents are considered to be cash on hand,demand deposits and short-term
investments with original maturities of three months or less from the date of acquisition. Investments are
carried at fair value, except for the position in local government investment pools. Fair value is
determined as the price at which two willing parties would complete an exchange.
The City uses a pooled cash and investment fund to hold and account for all of the City's investments.
For financial reporting purposes, the investment balances in the pooled fund are allocated back to the
individual funds based on their respective share of the pooled total.Interest earned on investments is also
allocated back and recorded directly to the individual funds on a monthly basis.
2. Receivables
Outstanding balances between funds are reported as "interfund receivables/payables." Any residual
balances between governmental activities and business-type activities are reported in the government-
wide statements as"internal balances."
Trade, property tax receivables, and municipal court receivables are shown net of an allowance for
uncollectible accounts.The City accrues amounts for utility services provided in September,but not billed
at September 30,2019.
3. Inventories
Inventories of supplies are maintained at the City warehouse for use by all City funds and are accounted
for by the consumption method. Cost is determined using a moving average method.No inventories exist
in the governmental fund types.
4. Prepaid items
Certain costs applicable to future accounting periods are recorded as prepaid items. Most of these
balances are due to payments into an account for energy settlements in the Electric Fund and health claims
in the Employee Insurance Fund.
5. Other Assets
Certain costs applicable to future accounting periods are recorded as other assets. In the prior fiscal year
the City partially impaired its TMPA prepaid purchase power due to a change in seasonality generation,
and in the current fiscal year the remainder was fully impaired due to a permanent closure in generation.
The impaired amount was recorded as an Other Asset (regulatory) to be amortized over 7.5 years in the
electric fund, of which 5.5 years is remaining in the electric fund to be recovered through rate revenues.
See note V.E.Agreement with TMPA for further information regarding TMPA.
6. Restricted assets
Certain proceeds of the City's governmental and proprietary fund general obligation bonds and
certificates of obligation, as well as certain resources set aside for their repayment, are classified as
restricted assets on the balance sheet because their use is limited by applicable bond covenants. Assets
collected from impact fees are limited by state statute in use and also shown as restricted on the balance
sheet of the Water and Wastewater funds.
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
7. Capital assets
Capital assets, which include property, plant, equipment and infrastructure assets (e.g., roads, bridges,
sidewalks and similar items)are reported in applicable governmental or business-type activities columns
in the government-wide financial statements and in the proprietary fund financial statements. The City
defines capital assets as assets with an initial,individual cost of more than$5,000 and an estimated useful
life in excess of one year. Such assets are recorded at historical cost or estimated historical cost if
purchased or constructed.Donated capital assets are recorded at acquisition value,which is the price that
would be paid to acquire an asset with equivalent service potential at the acquisition date.
Major outlays for capital assets and improvements are capitalized as projects are constructed.Net interest
incurred during the construction phase of capital assets of business-type activities and enterprise funds is
included as part of the capitalized value of the assets constructed. For 2019,net interest capitalization of
$8,613,379 was recorded for electric fund projects, $518,435 for water fund projects, $573,579 for
wastewater fund projects, and$73,534 for solid waste fund projects.
Capital assets are depreciated using the straight-line method over the following useful lives:
Assets Years
Buildings 40
Infrastructure 20—40
General improvements 10
Machinery and equipment 10—20
Furniture and office equipment 10
Computer equipment/software 3- 10
Plant and equipment 5
Underground pipe 40
Water storage rights 50— 100
Water recreation rights 50
Communication equipment 5
Vehicles 3- 10
Renewals and betterments of property and equipment are capitalized, whereas normal repair and
maintenance are charged to expense as incurred.
8. Compensated absences
The City allows full-time employees to accumulate unused vacation up to 320 hours (480 for Civil
Service Fire employees.)Upon termination,any accumulated vacation time will be paid to an employee.
Generally,sick leave is not paid upon termination except for civil service fire fighters and police officers.
Firefighters and police officers accumulate for payout unused sick leave up to a maximum of 1080 hours
and 720 hours,respectively. All other employees are paid only upon illness while employed by the City.
Accumulated vacation and sick leave is accrued when incurred in the government-wide and proprietary
fund financial statements. A liability for these amounts is reported in governmental funds only if they
have matured, for example, as a result of employee resignations and retirements but have not been paid
this amount at the end of the fiscal year. The General Fund and Other Governmental Funds are used to
record any payout expenditures of the governmental funds' employees and related liability, while
proprietary fund payouts for their employees are recorded as reductions to the liabilities in those funds.
9. Arbitrage
Arbitrage involves the investment of the proceeds from the sale of tax-exempt bonds in taxable
instruments and securities authorized by the Public Funds Investment Act (Texas Government Code,
Chapter 2256)that yield a higher rate,resulting in interest revenue in excess of interest costs. Federal tax
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
code requires that these excess earnings be rebated to the federal government. The Capital Projects Fund
has been used in prior years to liquidate governmental funds' related liability. There were no arbitrage
payments in the current fiscal year.
10. Pensions
For purposes of measuring the net pension liability, pension-related deferred outflows and inflows of
resources, and pension expense, information about the Fiduciary Net Position of the Texas Municipal
Retirement System (TMRS) and the Firemen's Relief and Retirement Fund (FRRF) and additions
to/deductions from TMRS's and the FRRF's Fiduciary Net Position have been determined on the same
basis as they are reported by TMRS and the FRRF. For this purpose, plan contributions are recognized
in the period that compensation is reported for the employee,which is when contributions are legally due.
Benefit payments and refunds are recognized when due and payable in accordance with the benefit terms.
Investments are reported at fair value.
11. Other post-employment benefits
The City participates in a single-employer, unfunded, defined benefit group-term life insurance plan
operated by the Texas Municipal Retirement System(TMRS)known as the Supplemental Death Benefit
Fund (SDBF). The City elected, by ordinance, to provide group-term life insurance coverage to both
current and retired employees. The funding policy for the SDBF program is to assure that adequate
resources are available to meet all death benefit payments for the upcoming year rather than prefunding.
Benefit payments are treated as being equal to the City's yearly contribution for retirees. For purposes of
measuring the total SDBF OPEB liability, related deferred outflows and inflows of resources, and
expense, City specific information about its total SDBF liability and additions to/deductions from the
City's total SDBF liability have been determined on the same basis as they are reported by TMRS. The
SDBF expense and deferred (inflows)/outflows of resources related to SDBF, primarily result from
changes in the components of the total SDBF liability. Most changes in the total SDBF liability will be
included in SDBF expense in the period of the change. For example, changes in the total SDBF liability
resulting from current-period service cost, interest on the Total OPEB Liability, and changes of benefit
terms are required to be included in SDBF expense immediately. Changes in the total SDBF liability that
have not been included in SDBF expense are required to be reported as deferred outflows of resources or
deferred inflows of resources related to SDBF.
The City provides post-employment medical care (Medical OPEB) for retired employees through a
single-employer defined benefit medical plan. The plan provides medical benefits for eligible retirees,
their spouses,and their dependents through the City's group health insurance plans.By providing retirees
with access to the City's healthcare plans based on the same rates it charges to active employees,the City
is in effect providing a subsidy to retirees. This implied subsidy exists because, on average, retiree
healthcare costs are higher than active employee healthcare costs. By the City not contributing anything
toward the plan in advance,the City employs a pay-as-you-go method through paying the higher rate for
active employees each year. The City also contributes up to $200 per month,based on years of service,
toward the cost of retiree coverage. As an irrevocable trust has not been established, the plan is not
accounted for as a trust fund. For this purpose, plan contributions are recognized in the period that the
direct and indirect subsidies are paid by the City. Total OPEB liability, OPEB-related deferred outflows
and inflows of resources,and OPEB expense is based on the actuarial measurement dates.
12. Long-term obligations
In the government-wide financial statements and proprietary fund types in the fund financial statements,
long-term obligations are reported as liabilities.Bond premiums and discounts are deferred and amortized
over the life of the bonds. Bonds payable are reported net of the applicable bond premium or discount.
Gain/loss on refunding are reported as deferred outflow/inflow and recognized as a component of interest
expense over the remaining life of the old debt or life of the new debt,whichever is shorter.
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
In the fund financial statements, governmental fund types recognize bond premiums and discounts, as
well as bond issuance costs,during the current period.The face amount of debt issued is reported as other
financing sources. Premiums received on debt issuances are reported as other financing sources while
discounts on debt issuances are reported as other financing uses. Issuance costs,whether or not withheld
from the actual debt proceeds received, are reported as debt service expenditures.
13. Fund equity
The City follows GASB Statement No. 54, "Fund Balance Reporting and Governmental Fund Type
Definitions",and in accordance with the statement,the classifications of governmental fund balances are
presented as follows:
Nonspendable fund balances — includes amounts not in a spendable form or are legally or
contractually required to be maintained intact. Examples include inventory or endowments.
Restricted fund balance — includes amounts that can be spent only for the specific purposes
stipulated by external resource providers, creditors, grantors, and contributors or through enabling
legislation.
Committed fund balance — includes amounts that can be used only for the specific purposes
determined by the City Council through an ordinance and may only be changed or lifted through
another ordinance.The ordinance must either adopt or rescind the commitment,as applicable,prior
to the last day of the fiscal year for which the commitment is made. The amount subject to the
constraint may be determined in the subsequent period.
Assigned fund balance - comprises amounts intended to be used for specific purposes. Intent can
be expressed by the City Council, or per the policy adopted by an ordinance by the City Council,
the City Manager or the City Manager's designee (assistant city manager) may also make an
assignment. In governmental funds other than the general fund, assigned fund balance represents
the amount that is not restricted or committed and, at a minimum, is intended for the purpose of
that fund.
Unassigned fund balance — is the residual classification of the general fund and includes all
amounts not constrained in the other classifications. Unassigned amounts are technically available
for any purpose. The General Fund is the only fund to report a positive unassigned fund balance
amount. However, other governmental funds may report a negative unassigned fund balance as
necessary if expenditures incurred for specific purposes exceed the amounts restricted,committed,
or assigned for those purposes.
When multiple categories of fund balance are available for expenditure and approved for use by the City
Council, the City will start with the most restricted category and spend those funds first before moving
down to the next category with available funds.Normally this would result in the use of restricted,then
committed,then assigned, and lastly,unassigned fund balance.
14. Minimum fund balance policy
It is the goal of the City to achieve and maintain an unassigned fund balance in the General Fund equal
to 20% of budgeted expenditures. An additional 5% resiliency reserve (25% combined total) may be
maintained to safeguard against unusual financial circumstances or economic downturns.
15. Net position
Net position represents the difference between assets,deferred inflows,deferred outflows,and liabilities.
Net investment in capital assets consists of capital assets net of accumulated depreciation and the
outstanding balances of any borrowing spent for the acquisition, construction or improvements of those
assets.Net position is reported as restricted when there are limitations imposed on their use either through
the enabling legislation adopted by the City or through external restrictions imposed by creditors,grantors
or laws or regulations of other governments.
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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16. Deferred outflows and inflows of resources
In addition to assets, the statement of net position and/or balance sheet will sometimes report a separate
section for deferred outflows of resources. This separate financial statement element, deferred outflows
of resources, represents a consumption of net position applying to a future period and will not be
recognized as an outflow of resources, either expenses or expenditures,until that time. The City reports
the following items qualifying for this category:
• Deferred charges on refunding reported in the statements of net position -A deferred charge on
refunding results from the difference in the carrying value of refunded debt and its reacquisition
price and is amortized over the shorter of the life of the refunded or refunding debt.
• Deferred pension deficit earnings reported in the statement of net position—A deferred charge is
recorded for the difference between actual investment earnings and expected investment earnings
during the period and is amortized over future periods.
• Deferred pension actuarial losses reported in the statement of net position—A deferred charge is
recorded for the difference between actual experience and expected experience during the period
between two actuarial valuations and is amortized over future periods.
• Deferred pension and other postemployment benefit plan contributions reported in the statement
of net position—A deferred charge is recorded for pension contribution amounts paid by the City
after the current year's measurement date (December 2018) and will be fully recognized in the
next period on the next measurement date(December 2019).
• Deferred pension and other postemployment benefit plan actuarial assumption changes — A
deferred charge is recorded for the difference due to assumption changes and amortized over
future periods.
In addition to liabilities, the statement of net position and/or balance sheet will sometimes report a
separate section for deferred inflows of resources. This separate financial statement element, deferred
inflows of resources,represents an acquisition of net position applying to a future period and will not be
recognized as an inflow of resources, or revenues, until that time. The City reports the following items
qualifying for reporting in this category:
• Deferred charges on refunding reported in the statements of net position -A deferred charge on
refunding results from the difference in the carrying value of refunded debt and its reacquisition
price and is amortized over the shorter of the life of the refunded or refunding debt.
• Deferred pension excess earnings reported in the statement of net position—A deferred charge is
recorded for the difference between actual investment earnings and expected investment earnings
during the period and is amortized over future periods.
• Deferred pension and other postemployment benefit plan actuarial gains reported in the statement
of net position—A deferred charge is recorded for the difference between actual experience and
expected experience during the period between two actuarial valuations and is amortized over
future periods.
• Deferred pension and other postemployment benefit plan actuarial assumption changes — A
deferred charge is recorded for the difference due to assumption changes and amortized over
fixture periods.
• Deferred unavailable revenues reported on the balance sheet of the governmental funds — A
deferred amount is recorded for the billed revenues not yet collected or available. These amounts
are deferred and recognized as inflow of resources in the period the amounts become available.
F. Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the
United States of America requires management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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statements and the reported amounts of revenues and expenses/expenditures during the reporting
period.Actual results could differ from those estimates.
IL RECONCILIATION OF GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS
Explanation of certain differences between the governmental fund statement of revenues,expenditures
and changes in fund balances and the government-wide statement of activities
An element of that reconciliation states,"Bond proceeds provide current financial resources to governmental
funds, but issuing debt increases long-term liabilities in the statement of net position. Repayment of bond
principal is an expenditure in the governmental funds,but the repayment reduces long-term liabilities in the
statement of net position. This is the amount by which payments exceeded proceeds." The details of this
($8,965,364) difference are as shown on the following page:
Debt issued or incurred:
Issuance of general obligation debt $(18,015,000)
Issuance of certificates of obligation (7,855,000)
Principal repayments:
General obligation debt principal retirement 9,905,466
Certificates of obligation principal retirement 6,995,000
Lease obligations principal retirement 4,170
Net adjustment to decrease net changes in fund
balances—total governmental funds to arrive at
changes in net position of governmental activities $ (8,965,364)
Another element of that reconciliation states,"The net effect of various miscellaneous transactions involving
capital assets (i.e., sales,trade-ins and donations) is to decrease net position."The details of this $8,549,557
difference are as follows:
Net effect of transactions involving asset retirements/disposals $ (45,086)
Donations of capital assets increase net position in the statement of
activities but do not appear in the governmental funds because they
are not financial resources 8,594,643
Net adjustment to increase net changes in fund balances -total
governmental funds $ 8,549,557
Another element of that reconciliation states,"Certain expenses reported in the statement of activities do not
require the use of current financial resources and therefore are not reported as expenditures in governmental
funds."The details of the($5,550,318)difference are as follows:
as
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
Compensated absences $ (360,236)
Net pension liability (23,870,625)
Municipal pension deferred actuarial gams/losses 19,475,874
Municipal pension deferred contributions 636,078
Municipal pension deferred assumption changes (196,113)
Municipal pension deferred economic differences 429,406
Total OPEB liability (390,602)
OPEB deferred contributions (104,361)
OPEB deferred assumption changes (1,100,026)
OPEB deferred economic differences (11,709)
Accrued interest (58,004)
Net adjustment to decrease net changes in fund
balances -total governmental funds to arrive at
changes in net position of governmental activities $ (5,550,318)
III. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
A. Deficit Fund Equity
The Criminal Justice fund had deficit fund balances of($1,127) at September 30, 2019. The deficit was a
result of reimbursement timing and clears in fiscal year 2019-2020. The Risk Retention, Engineering
Services, and Customer Service internal service funds had deficit net positions of($761,116), ($2,255,282),
and ($2,575,702), respectively, due to the implementation of GASB Statement No. 68 "Accounting and
Financial Reporting for Pensions-an amendment of GASB Statement No. 2 7" and GASB Statement No.75
`Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions"(OPEB) which
resulted in an increase in the net pension liability and the total OPEB liability in the prior years during
implementation.
IV. DETAILED NOTES ON ALL FUNDS
A. Deposits and Investments
In order to facilitate effective cash management practices, the operating cash of all funds is pooled into a
common account for the purpose of increasing income through combined investment activities. At year-end,
the City had$95,811,405 in cash and cash equivalents of which$160,031 is included in the agency funds and
$12,318 in petty cash.
The Public Funds Investment Act (Texas Government Code) authorizes the City to invest in obligations of
the U.S. Treasury, U.S. agencies, fully collateralized repurchase agreements, public fund investment pools,
SEC-registered no-load money market mutual funds, municipal securities of any state rated A or better,
certificates of deposit (fully collateralized, insured, and standby letters of credit backed), and commercial
paper rated not less than A-1 or P-1 with a stated maturity of no more than 270 days. The City's investment
policy may further restrict those investment options. The investments reported on September 30, 2019 were
similar to those held during the fiscal year.
The City reports all investments in the financial statements at fair value. At September 30, 2019, the City's
investments carried a fair value of$594,887,658,of which$94,609,584 is in a local governmental investment
pool which the City classifies in the financial statements as cash equivalents.
The City categorizes its fair value measurements within the fair value hierarchy established by generally
accepted accounting principles. GASB Statement No. 72, Fair Value Measurement and Application
establishes an authoritative definition of fair value, sets a framework for measuring fair value, and requires
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
additional disclosures about fair value measurements. The fair value hierarchy categorizes the inputs to
valuation techniques used to measure fair value into three levels.
• Level 1 inputs are quoted prices (unadjusted) for identical assets or liabilities in active markets a
government can access at the measurement date.
• Level 2 inputs are inputs, other than quoted prices included within Level 1, observable for an asset
or liability,either directly or indirectly.
• Level 3 inputs are unobservable inputs for an asset or liability.
The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs.
If a price for an identical asset or liability is not observable, a government should measure fair value using
another valuation technique maximizing the use of relevant observable inputs and minimizing the use of
unobservable inputs. If the fair value of an asset or a liability is measured using inputs from more than one
level of the fair value hierarchy,the measurement is considered to be based on the lowest priority level input
significant to the entire measurement.
At September 30,2019,the City had the following recurring fair value investments:
Fair Value Measurement Method
Quoted Prices in Weighted
Active Markets Significant Other Percent of Average
for Identical Observable Inputs Total Maturity
9/30/2019 Assets(Level 1) (Level2) Investments (Days)
Investments Measured at Amortized Cost:
TexSTAR-Investment Pool 69,555,390 11.69% 1
TexPool-Investment Pool 25,054,194 4.21% 1
Certificates of Deposit 5,000,000 0.84% 128
Investments by Fair Value Level:
Debt Securities:
U.S. Treasury Securities 160,421,080 160,421,080 - 26.97% 420
U.S.Agency Securities 293,474,372 110,958,425 182,515,947 49.34% 330
Commercial Paper 37,382,622 - 37,382,622 6.28% 90
Municipal Bonds-Coupon 4,000,000 - 4,000,000 0.67% 1
Total Investments $ 594,887,658 $ 271,379,505 $ 223,898,569
Portfolio Weighted Average Maturity 283
Of the investments recorded at fair value, $329,526,648 used the documented trade history in exact security
pricing model, $24,785,000 used the option-adjusted discounted cash flow pricing model, and$140,966,426
used the present value of expected future cash flow pricing model.
Interest rate risk. In accordance with its investment policy,the City manages its exposure to declines in fair
values due to interest rate fluctuations by limiting the weighted average maturity of its investment portfolio
to less than eighteen months.
Credit risk. The City's investment policy limits investments to obligations of the United States of America
and its agencies, investment quality obligations of the State of Texas (including agencies, municipalities,
counties, and other political subdivisions)with a rating not less than AA, certificates of deposits and savings
deposits (fully insured, collateralized, or standby letter of credit backed), fully collateralized repurchase
agreements, local public fund investment pools with a dollar weighted average maturity of 60 days or less,
U.S. government money market mutual funds with a dollar weighted average maturity of 60 days or less and
a stable net asset value of$1 for each share, and commercial paper that has a maturity of 270 days or less and
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
a minimum rating of A-1, P-1, or an equivalent rating by at least two nationally recognized rating agencies.
The City's investments in TexSTAR were rated"AAAm"by Standard&Poor's.
Custodial credit risk. This is the risk that in the event of a bank or counterparty failure, the City's deposits
may not be returned. The policy states that all bank deposits of City funds shall be secured by pledged
collateral with a market value equal to no less than 102 percent of the principal plus accrued interest less an
amount insured by FDIC. As of September 30,2018,the bank balance for deposits was $2,690,087 and was
fully collateralized by the City's third party custodian,BNY Mellon.
Concentration of Credit Risk. The City's investment policy minimizes the risk of potential loss by
diversifying investment types according to the following limitations based on value: U.S. Treasury
bills/notes/bonds (100%), U.S. Agencies and Instrumentalities (100%), State of Texas Obligations —
including agencies and local governments (15%), local government investment pools (50% in government
securities and 15%in prime securities),repurchase agreements(20%), certificates of deposit(35%), savings
deposits (15%), U.S. Money Market Mutual Funds (50%), callable U.S. Agencies and Instrumentalities
(20%), and commercial paper(15%).
Local Government Investment Pools. During the year,the City invested in two public fund investment pools,
TexSTAR and TexPool. The fair value of the position of TexSTAR is measured at net asset value, and the
fair value of the position of TexPool is measured at amortized cost. Each pool's governing body is comprised
of individuals who are employees,officers,or elected officials of participants in the funds or who do not have
a business relationship with the fund and are qualified to advise. Investment objective and strategies of the
pools are to seek preservation of principal, liquidity and current income through investment in a diversified
portfolio of short-term marketable securities.Pools offer same day access to investment funds,which may be
redeemed daily. As the redemption period is only one day or less, the City classifies these balances in the
financials as cash equivalent.The pools may only impose restrictions on redemptions in the event of a general
suspension of trading on major securities markets, a general banking moratorium, or a national state of
emergency affecting the pool's liquidity. The City has no unfunded commitments related to the investment
pool.
Cash, cash equivalents and investments, at fair value are reported together on the financial statements.
Investments, at fair value,by fund were as follows:
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
Other
Governmental
General Fund Debt Service Capital Projects Funds
Unrestricted investments $ 22,216,189 $ 4,445,231 $ 158,085,967 $ 20,804,142
Change in fair value 79,453 15,897 565,390 74,408
Restricted investments - - - -
Change in fair value - - - -
Total $ 22,295,642 $ 4,461,128 $ 158,651,357 $ 20,878,550
Electric Water Wastewater Solid Waste
Unrestricted investments $ 61,770,649 $ 51,826,872 $ 37,484,013 $ 9,866,780
Change in fair value 220,921 185,357 134,061 35,288
Restricted investments 44,347,779 26,815,818 18,989,714 19,722,377
Change in fair value 158,610 95,907 67,916 70,537
Total $ 106,497,959 $ 78,923,954 $ 56,675,704 $ 29,694,982
Internal Service Total City
Airport Funds Investments
Unrestricted investments $ 3,071,752 $ 15,286,080 $ 384,857,675
Change in fair value 10,986 54,669 1,376,430
Restricted investments 2,337,455 1,424,402 113,637,545
Change in fair value 8,360 5,094 406,424
Total $ 5,428,553 $ 16,770,245 $ 500,278,074
B. Property Tax Revenue
Property taxes attach as an enforceable lien on property as of January 1st. Taxes are levied on October 1st
and are due and payable at that time; therefore, the legally enforceable claim arises on October 1st. A
receivable is recorded at that time.All unpaid taxes levied October 1 st become delinquent February 1 st of the
following year.
Property taxes at the fund level are recorded as receivables and revenue in the period they become available.
Current-year revenues recognized are those Ad valorem taxes collected within the current period or soon
enough thereafter to pay current liabilities, which is sixty days after year-end. All other outstanding
receivables are adjusted from revenue and recognized as deferred inflows of resources for future collections.
Current tax collections for the year ended September 30,2019 were 99.19%of the tax levy. An allowance is
provided for delinquent taxes not expected to be collected in the future.
At September 30, 2019, the City had a tax rate of$0.620477 per$100 valuation. Based upon the maximum
Ad valorem tax of$2.50 per $100 valuation imposed by Texas Constitutional law, the City had a tax rate
margin of$1.879523. Additional revenues up to $212,660,404 could be raised per year based on the current
year's certified assessed value of$11,314,594,406 before the limit is reached.
On December 7,2010,the City Council approved a Tax Increment Financing Reinvestment Zone(TIRZ#1)
for the purpose of dedicating the increase in tax revenues generated within the TIRZ district for development
in the downtown area of the City for a total of 30 years.The tax increment to be paid is 100%of the increment
in years 1-5, 95% in years 6-10, 90% in years 11-20, and 85% in years 21-30. In fiscal year 2019, the total
assessed value of$170,678,753 after supplemental adjustments for TIRZ#1 was an increase of$91,321,899
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
over the base fiscal year 2011 assessed value and resulted in $538,300 of property tax revenue recorded in
the TIRZ Fund as part of All Other Special Revenue Funds.
On December 18, 2012, the City Council approved a Tax Increment Financing Reinvestment Zone (TIRZ
#2) for the purpose of dedicating 40% of the increase in tax revenues generated within the TIRZ district for
development in the Westpark Industrial District for a total of 25 years. In fiscal year 2019,the assessed value
of$72,165,650 after supplemental adjustments was an increase of$72,046,192 over the base fiscal year 2014
assessed value and resulted in $178,812 of property tax revenue recorded in the TIRZ Fund as part of All
Other Special Revenue Funds. Denton County participates in the zone and based on their tax rate and a
participation contribution of 40%of the County's tax rate,$65,007 of property tax revenue was generated for
Fiscal Year 2019.
The City created the Rayzor Ranch Public Improvement District No. 1 in 2014 for the undertaking and
financing of public improvements authorized by Chapter 372 of the Texas Local Government Code. The
project is located on the City's northern sector,east of Interstate 35,and encompasses approximately 229.693
contiguous acres.The estimated costs of the proposed public improvements total$40 million.The authorized
improvement costs will be apportioned 100% to the District. The method of assessment will impose equal
shares of the costs of the proposed public improvements on parcels that are similarly benefited. No City
property will be assessed, and the City will not be obligated to pay any assessments.
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
C. Receivables
Receivables at September 30, 2019 for the City's individual major funds and other funds (non-major funds,
internal service funds and fiduciary funds), including the applicable allowances for uncollectible accounts,
are as follows:
Other
Capital Governmental
General Fund Debt Service Projects Funds Electric
Receivables:
Taxes $ 8,549,881 $ 530,696 $ - $ 312,172 $ -
Accounts 224,911 - - 33,179 14,672,678
Accrued interest 107,660 21,542 766,082 100,820 514,249
Unbilled utility service - - - - 11,286,978
Other-EMS Services 6,217,205 - - - -
Other 2,918,309 - 23,868 11,992 7,258,831
Gross receivables 18,017,966 552,238 789,950 458,163 33,732,736
Less:Allowance for
uncollectibles (7,418,470) (152,440) - (18,431) (931,860)
Net total receivables $10,599,496 $ 399,798 $ 789,950 $ 439,732 $32,800,876
Internal
Service
Water Wastewater Solid Waste Airport Funds Total
Receivables:
Taxes $ - $ - $ - $ - $ - $ 9,392,749
Accounts 2,810,792 1,564,778 1,769,992 61,270 33,818 21,171,418
Accrued interest 381,102 273,671 143,388 26,213 80,980 2,415,707
Unbilled utility service 3,476,604 1,862,164 1,667,964 - - 18,293,710
Other-EMS Services - - - - - 6,217,205
Other - - - 84,334 84,628 10,381,962
Gross receivables 6,668,498 3,700,613 3,581,344 171,817 199,426 67,872,751
Less:Allowance for
uncollectibles (178,512) (99,379) (112,413) (3,891) (2,148) (8,917,544)
Net total receivables $ 6,489,986 $3,601,234 $3,468,931 $ 167,926 $ 197,278 $58,955,207
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
D. Capital Assets
Capital asset balances and transactions for the year ended September 30, 2019 are summarized below and on
the following page.
Balance at Transfers and Balance at
Governmental activities: October 1,2018 Increases Decreases September 30,2019
Capital assets not being depreciated:
Land $ 22,243,771 $ - $ - $ 22,243,771
Construction in progress 86,858,308 73,132,501 (27,343,270) 132,647,539
Total capital assets not being depreciated 109,102,079 73,132,501 (27,343,270) 154,891,310
Capital assets being depreciated:
Buildings 72,342,584 7,289,662 - 79,632,246
Infrastructure 286,723,512 18,144,663 - 304,868,175
Machinery,equipment,and other improvements 114,218,006 10,834,097 (2,161,112) 122,890,991
Total capital assets being depreciated 473,284,102 36,268,422 (2,161,112) 507,391,412
Less accumulated depreciation for:
Buildings 28,356,630 1,786,075 - 30,142,705
Infrastructure 171,821,518 10,333,176 - 182,154,694
Machinery,equipment,and other improvements 71,236,609 8,559,058 (2,222,885) 77,572,782
Total accumulated depreciation 271,414,757 20,678,309 (2,222,885) 289,870,181
Total capital assets,being depreciated,net 201,869,345 15,590,113 61,773 217,521,231
Governmental activities capital assets,net $ 310,971,424 $88,722,614 $(27,281,497) $ 372,412,541
(continued)
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
Balance at Transfers and Balance at
Business-type activities: October 1,2018 Increases Decreases September 30,2019
Capital assets not being depreciated:
Land $ 49,287,184 $ 12,174,881 $ - $ 61,462,065
Construction in progress 389,024,110 74,135,500 (277,965,644) 185,193,966
Total capital assets not being depreciated 438,311,294 86,310,381 (277,965,644) 246,656,031
Capital assets being depreciated:
Buildings 26,487,889 13,683,213 - 40,171,102
Landfill improvements 25,951,948 3,849,957 (1,628,314) 28,173,591
Water rights 69,883,098 - - 69,883,098
Infrastructure 548,888,068 28,391,189 - 577,279,257
Plant,machinery,equipment,and other
improvements 538,858,133 233,802,317 (2,654,780) 770,005,670
Total capital assets being depreciated 1,210,069,136 279,726,676 (4,283,094) 1,485,512,718
Less accumulated depreciation for:
Buildings 8,635,757 1,134,016 - 9,769,773
Landfill improvements 23,781,934 1,730,196 (1,569,661) 23,942,469
Water rights 20,444,384 695,989 - 21,140,373
Infrastructure 168,573,240 13,538,800 - 182,112,040
Plant,machinery,equipment,and other
improvements 202,840,684 29,220,349 (1,415,809) 230,645,224
Total accumulated depreciation 424,275,999 46,319,350 (2,985,470) 467,609,879
Total capital assets,being depreciated,net 785,793,137 233,407,326 (1,297,624) 1,017,902,839
Business-type activities capital assets,net $1,224,104,431 $319,717,707 $(279,263,268) $ 1,264,558,870
Transfers and decreases include $412,646 ($340,646 in related accumulated depreciation) transferred from
Business-Type to Governmental Activities Equipment.
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
Depreciation expense was charged to activities of funds/functions/programs as follows:
Governmental activities:
General government $ 2,532,208
Public Safety 3,704,807
Public Works 10,073,672
Parks & Recreation 2,300,336
Capital assets held by the internal service funds are
charged to the various functions based upon usage 2,067,286
Total depreciation expense - governmental activities $20,678,309
Business-type activities:
Electric $22,712,226
Water 8,302,616
Wastewater 8,399,869
Solid Waste 6,300,870
Airport 603,769
Total depreciation expense -business-type activities $46,319,350
Construction commitments:
The City has several major construction/capital projects planned or in progress as of September 30, 2019.
These projects are evidenced by contractual commitments with contractors and include:
Remaining
Project Spent-to-Date Commitment
Lake Lewisville Water Treatment Plant Solids Handling $ 615,559 $ 8,124,640
Mayhill Phase 4 Construction 30,774,881 7,667,783
North/South Water Main,Phase 2 2,140,964 6,570,021
Bonnie Brae South Construction 11,663,868 5,646,923
Hickory Creek Widening,FM2181 to Riverpass 1,033,140 5,273,620
Water Line -Allred to John Pain Rd 612,899 4,950,832
Hickory Creek Lift Station Upgrade 311,146 3,131,810
Drainage PEC 4- Phase 2 96 2,355,064
Drainage PEC 4- Locust and Highland 2,837,277 2,107,977
McKinney Street Widening 3,834,606 1,858,071
Radio Communications System 3,872,773 1,659,760
Locust Street and Drainage Project(Wastewater Utilities) 467,078 1,567,015
Bonnie Brae Widening-Phase 6 2nd Arterial(University to Windsor) 882,423 1,550,284
Ehn Street and Drainage Project(Wastewater Utilities) 285,599 1,333,450
Bonnie Brae Widening-Phase 6 2nd Arterial(I-35 to Scripture) 7,337,321 1,121,403
Computer Aided Dispatch System Replacement 1,053,364 1,089,648
Locust Street and Drainage Project(Water Utilities) 260,758 1,082,014
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CITY OF DENTON,TEXAS
NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
E. Interfund Receivables,Payables and Transfers
A summary of interfund receivables and payables (in thousands) at September 30,2019, is as follows:
Interfund Receivables:
Governmental
Major Funds Business-Type Major Funds
Interfund Payables: General Fund Electric Water Wastewater Total
Non-Major
Governmental Funds $ 211 $ - $ - $ - $ 211
Internal Service Funds 681 5,501 912 206 7,300
Total $ 892 $ 5,501 $ 912 $ 206 $ 7,511
The more significant interfund receivables and payables include the following:
Interfund receivables Interfund payables Amount
Electric fund Internal service funds-materials management $ 5,500,830
Water fund Internal service funds-materials management 912,180
General fund Non-Major Governmental Funds 211,221
General fund Internal service funds-materials management 681,308
Wastewater fund Internal service funds-materials management 205,682
The outstanding balances between the Electric,Water,Wastewater,and General Fund related to the Materials
Management Fund are a result of the cash position in the Materials Management Fund due to inventory
purchases. The outstanding balance between the General Fund and the Non-Major Governmental Funds is
due to reimbursement timing from outside sources.
Transfers between funds(in thousands)during the year were as follows:
Transfers Out:
Governmental Major Funds Business-Type Major Funds
Capital Non-Major Internal
Projects Governmental Electric Water Wastewater Solid Airport Service
Transfers In: General Fund Fund Funds Fund Fund Fund Waste Fund Funds Total
Governmental Major Funds:
General Fund $ $ 1,100 $ - $ $ $ $ $ $ $ 1,100
Debt Service Fund - 129 129
Capital Projects Fund 1,657 3,974 27 1,296 1,013 831 8,798
Non-Major Governmental Funds 3,366 - 735 200 100 50 - 4,451
Water Fund - - - - - 2,404 2,404
Wastewater Fund - 347 - 347
Solid Waste Fund - - 113 - - 113
Internal Service Funds 6 2 1 1 19 29
Total $ 5,029 $ 1,102 $ 4,104 $ 762 $ 1,496 $ 1,227 $ 347 $ 50 $ 3,254 $17,371
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
The more significant transfers include the following:
Transfers from fund Transfers to fund Amount
General Fund Non-Major Gov't—Recreation $3,076,517
Non-Major Gov't—Other Special Revenue Funds Capital Projects 2,994,737
Internal Service - Customer Service Water 2,403,614
General Fund Capital Projects 1,657,222
Water Capital Projects 1,295,751
Capital Projects General Fund 1,100,000
Wastewater Capital Projects 1,013,000
Transfers from the General Fund to the Non-Major Governmental Fund — Recreation were an operating
subsidy as part of centralizing Park recreation programs all in the Recreation Fund. Transfers from the
General Fund, from the Non-Major Governmental Fund — Other Special Revenue Funds, from the Water
Fund,and from the Wastewater Fund to the Capital Projects Fund were to fund capital projects such as streets
and building renovations. Transfers from the Internal Service — Customer Service Fund to the Water Fund
were part of moving customer service activities out of the Water Fund and establishing them in the new
Internal Service Fund for customer service,mainly due to moving related long-term liabilities.Transfers from
the Capital Projects Fund to the General Fund were to reimburse the General Fund for projects previously
funded in fiscal year 2017-18.
F. Leases
Leases payable for the acquisition of equipment under lease purchase agreements the fiscal year ending
September 30,2019 are zero.During the current fiscal year,the last payment under these leases in the amount
of$4,171 were made in the General Fund.
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
G. Long-term Debt
Long-term liabilities transactions for the year ended September 30, 2019 are summarized as follows below
and on the following pages:
Balance at Balance at
October 1, Decreases/ September 30, Due Within
2018 Increases Transfers 2019 One Year
Governmental Activities:
General obligation bonds $ 127,647,935 $ 18,015,000 $ 10,154,978 $ 135,507,957 $10,475,424
Certificates of obligation 81,200,000 9,390,000 7,030,000 83,560,000 7,840,000
Obligations under capital leases 4,171 - 4,171 - -
Compensated absences payable 12,578,005 8,489,312 7,768,440 13,298,877 6,544,774
Claims payable 4,783,518 22,904,121 23,093,348 4,594,291 2,285,831
Net pension liability 53,542,658 29,799,938 (1,472,981) 84,815,577 -
Other post employment benefits 27,625,731 487,265 (1,017,680) 29,130,676 -
Unamortized premium/(discounts) 12,515,724 2,074,660 1,840,998 12,749,386 1,802,427
Total governmental
long-term liabilities $ 319,897,742 $ 91,160,296 $ 47,401,274 $ 363,656,764 $28,948,456
Balance at
Balance at Decreases/ September 30, Due Within
October 1,2018 Increases Transfers 2019 One Year
Business-type Activities:
Revenue bonds $ 214,890,000 $ - $ - $ 214,890,000 $ 7,580,000
General obligation bonds 111,347,065 26,325,000 18,990,022 118,682,043 23,864,576
Certificates of obligation 447,050,000 19,365,000 51,525,000 414,890,000 19,695,000
Compensated absences payable 3,017,658 2,189,760 2,520,312 2,687,106 2,246,844
Net pension liability 25,521,789 14,217,775 1,472,981 38,266,583 -
Other post employment benefits 15,275,152 239,679 1,017,680 14,497,151 -
Asset retirement obligation - 22,663,717 - 22,663,717 2,766,190
Landfill closure/post-closure 10,911,388 58,994 - 10,970,382 -
Unamortized premium/(discounts) 61,504,481 2,673,275 7,300,617 56,877,139 7,075,262
Total business-type activities 889,517,533 87,733,200 82,826,612 894,424,121 63,227,872
Total long-term liabilities $1,209,415,275 $178,893,496 $ 130,227,886 $1,258,080,885 $92,176,328
For Internal Service funds, long-term liabilities are included as part of the above totals for governmental
activities. Compensated absences payables and net pension liability balances and payments are based on the
assignment of an employee within a fund. Other postemployment benefits are liquidated from the Health
Insurance internal service fund, with the retiree subsidy amounts paid predominantly by the General Fund.
Claims payable represents an estimate of self-insured claims liability outstanding in the Health Insurance and
Risk Retention internal service funds.
Long-term liabilities include a transfer of balances ($1,472,981 for net pension liability and $1,017,680 for
other post-employment benefits) for the customer service department out of business-type activities from the
Water Fund and into governmental activities for the internal service Customer Service Fund established in
the current fiscal year.
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
General Bonded Debt- General bonded debt at September 30, 2019, is comprised of the following:
Original Gross Amount
General Obligation Bonds and Interest Rate Amount of Outstanding at
Certificates of Obligation Debt (%) Issue Date Final Maturity Issue September 30,2019
General obligation 3.8 to 4.3 2010 2030 $ 4,115,000 $ 2,715,000
General obligation refunding 2.0 to 4.75 2011 2031 2,225,000 1,560,000
General obligation refunding 2.0 to 5.0 2012 2032 14,358,739 8,190,000
General obligation refunding 2.0 to 4.0 2013 2033 10,221,023 6,847,957
General obligation refunding 2.0 to 3.5 2014 2034 7,165,000 3,515,000
General obligation refunding 3.0 to 5.0 2015 2035 36,110,000 30,590,000
General obligation refunding 3.0 to 5.0 2016 2036 27635,000 24,710,000
General obligation refunding 3.0 to 5.0 2017 2037 27:825,000 20,670,000
General obligation 3.0 to 5.0 2018 2038 19,235,000 18,695,000
General obligation 3.0 to 5.0 2019 2039 18,015,000 18,015,000
Total general obligation bonds 166,904,762 135,507,957
Certificates of obligation 2.0 to 5.0 2010 2030 2,790,000 540,000
Certificates of obligation 2.0 to 5.0 2011 2031 3,455,000 600,000
Certificates of obligation 2.0 to 5.0 2012 2032 4,490,000 765,000
Certificates of obligation 3.0 to 4.0 2013 2033 10,805,000 7,105,000
Certificates of obligation 2.0 to 5.0 2014 2039 8,635,000 6,445,000
Certificates of obligation 2.0 to 5.0 2015 2034 7,420,000 4,080,000
Certificates of obligation 3.0 to 5.0 2016 2036 7,190,000 5,055,000
Certificates of obligation 3.0 to 5.0 2017 2037 17,000,000 13,850,000
Certificates of obligation 3.0 to 5.0 2018 2038 9,555,000 8,740,000
Certificates of obligation 3.375 to 5.0 2018 2038 28,170,000 26,990,000
Certificates of obligation 3.0 to 5.0 2019 2049 9,390,000 9,390,000
Total certificates of obligation 108,900,000 83,560,000
Total general bonded debt $275,804,762 $ 219,067,957
[These amounts do not include net unamortized premiums/ (discounts) of$12,749,386 nor net deferred gain/ (loss) on
refunding of($1,210,989).]
Proceeds of general obligation bonded debt are restricted to the uses for which they were approved in the
bond elections or,in the case of a refunding issuance,to the uses for which the certificates of obligation were
originally issued. The City Charter expressly prohibits the use of bond proceeds to fund operating expenses.
The general obligations are collateralized by the full faith and credit of the City and,primarily,payable from
property taxes.
In July 2019, the City issued $28,755,000 ($19,365,000 of which is included as part of business-type
activities) in certificates of obligation. The debt was issued to pay the costs of various capital improvements
in the Capital Projects Fund ($7,855,000), the Technology Services Fund (1,535,000), the Electric Fund
($7,370,000),the Water Fund($2,810,000), and the Wastewater Fund($9,185,000).
In July 2019, the City issued $44,340,000 ($26,325,000 of which is included as part of business-type
activities) of general obligation refunding and improvement bonds. The $18,015,000 for the improvement
portion of the bonds was issued to pay the costs of various capital improvements in the Capital Projects Fund.
The refunding portion of the bonds' reacquisition price fell below the net carrying amount of the old debt by
$833,459, all of which is reported as a deferred gain in business-type activities for the Electric Fund. This
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amount is being amortized over the remaining life of the refunded debt, which is the same as the life of the
new debt issued. This current refunding was undertaken to reduce total debt service payments over 6 years
by$2,318,499 and resulted in a net present value savings of$2,213,647.
Business-type Revenue Bonds—Revenue bond debt at September 30, 2019, is comprised of the following
issues:
Gross Amount
Interest Rate Original Amount Outstanding at
Revenue Bonds (%) Issue Date Final Maturity of Issue September 30,2019
Utility system 3.25 to 5.0 2017 2037 $ 214,890,000 $ 214,890,000
Total revenue bonds $ 214,890,000 $ 214,890,000
[These amounts do not include net unamortized premiums/(discounts)of$25,638,922.]
The revenue bonds are collateralized by the revenue of the Denton utility system funds (System) and the
related interest and sinking fund. The ordinance provides that the revenue of the System is to be used first to
pay operating and maintenance expenses of the System and second to establish and maintain the revenue
bond funds. Any remaining revenues may then be used for any lawful purpose. The ordinance also contains
provisions,which among other items restrict the issuance of additional revenue bonds unless certain financial
ratios are met. Management believes the City is in compliance with all significant requirements. The interest
and sinking fund had a net position balance of$10,060,625 as of September 30, 2019 and is restricted for
debt service.On September 30,2019,the City had no revenue bonds considered defeased but still outstanding.
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Business-type General Obligation Bonds and Certificates of Obligation-General obligation bonds and
certificates of obligation issued for electric,water,wastewater, and solid waste funds at September 30,2019,
is comprised of the following:
Gross Amount
General Obligation Bonds and Interest Rate Original Amount Outstanding at
Certificates of Obligation Debt (%) Issue Date Final Maturity of Issue September 30,2019
General obligation refunding 3.0 to 5.0 2010 2022 $ 35,815,000 $ 10,760,000
General obligation refunding 2.0 to 4.75 2011 2031 8,620,000 1,105,000
General obligation refunding 2.0 to 5.0 2012 2032 19,231,261 9,425,000
General obligation refunding 2.0 to 4.0 2013 2033 513,977 312,043
General obligation refunding 3.0 to 5.0 2014A 2039 27,155,000 19,885,000
General obligation refunding 3.0 to 5.0 2015 2035 1,530,000 840,000
General obligation refunding 4.0 to 5.0 2015A 2026 33,945,000 16,190,000
General obligation refunding 3.0 to 5.0 2016 2028 1,295,000 1,130,000
General obligation refunding 3.0 to 5.0 2016A 2030 38,425,000 31,955,000
General obligation refunding 3.0 to 5.0 2017 2022 1280,000 755,000
General obligation refunding 3.0 to 5.0 2019 2039 26,325,000 26,325,000
Total general obligation bonds 194,135,238 118,682,043
Certificates of obligation 2.0 to 5.0 2010 2030 58,295,000 35,075,000
Certificates of obligation 2.0 to 5.0 2011 2031 28,645,000 17,160,000
Certificates of obligation 2.0 to 5.0 2012 2032 40,185,000 26,275,000
Certificates of obligation 3.0 to 4.0 2013 2033 52,715,000 36,400,000
Certificates of obligation 2.0 to 5.0 2014 2039 80,545,000 67,615,000
Certificates of obligation 2.0 to 5.0 2015 2034 85,595,000 74,605,000
Certificates of obligation 3.0 to 5.0 2016 2046 76,115,000 68,835,000
Certificates of obligation 3.0 to 5.0 2017 2047 73,800,000 68,300,000
Certificates of obligation 3.375 to 5.0 2018 2028 1,375,000 1,260,000
Certificates of obligation 3.0 to 5.0 2019 2049 19,365,000 19,365,000
Total certificates of obligation 516,635,000 414,890,000
Total business-type G.O./C.O. $ 710,770,238 $ 533,572,043
[These amounts do not include net unamortized premiums/ (discounts) of$31,238,217 nor net deferred gain/(loss) on
refunding of($1,974,772).]
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Schedule of Long-term Debt Maturities
Aggregate maturities of the long-term debt(principal and interest)for the years subsequent to September 30,
2019 are shown below:
Governmental Activities:
General Obligation Certificates of Obligation Capital Leases Total
Fiscal Year Principal Interest Principal Interest Principal Interest Principal Interest
2020 $ 10,475,424 $ 5,028,763 $ 7,840,000 $ 3,370,244 $ $ $ 18,315,424 $ 8,399,007
2021 10,580,678 4,586,657 7,375,000 3,049,881 17,955,678 7,636,538
2022 10,125,878 4,131,214 6,915,000 2,730,494 17,040,878 6,861,708
2023 9,261,262 3,703,009 5,730,000 2,446,244 14,991,262 6,149,253
2024 9,121,703 3,300,809 5,140,000 2,200,594 14,261,703 5,501,403
2025-2029 37,803,012 11,464,464 20,490,000 7,900,391 58,293,012 19,364,855
2030-2034 30,365,000 5,487,461 18,540,000 3,778,260 48,905,000 9,265,721
2035-2039 17,775,000 1,074,785 11,530,000 781,734 29,305,000 1,856,519
Total $135,507,957 $ 38,777,162 $ 83,560,000 $ 26,257,842 $ $ $219,067,957 $ 65,035,004
Business-Type Activities:
General Obligation Certificates of Obligation Revenue Total
Fiscal Year Principal Interest Principal Interest Principal Interest Principal Interest
2020 $ 23,864,576 $ 4,788,888 $ 19,695,000 $ 16,749,172 $ 7,580,000 $ 10,495,500 $ 51,139,576 $ 32,033,560
2021 21,074,322 3,832,364 18,745,000 15,864,794 7,970,000 10,106,750 47,789,322 29,803,908
2022 19,344,122 2,901,245 18,385,000 14,994,056 8,375,000 9,698,125 46,104,122 27,593,426
2023 14,948,738 2,089,413 17,110,000 14,178,681 8,805,000 9268,625 40,863,738 25,536,719
2024 13,228,297 1,448,397 17,530,000 13,382,482 9,260,000 8,817,000 40,018,297 23,647,879
2025-2029 24,316,988 2,034,390 97,650,000 54,563,809 53,695,000 36,684,625 175,661,988 93,282,824
2030-2034 1,905,000 28,575 86,715,000 33,924,764 68,840,000 21,540,250 157,460,000 55,493,589
2035-2039 - - 57,015,000 21,054,506 50,365,000 3,861,375 107,380,000 24,915,881
2040-2044 60,670,000 10,105,719 - - 60,670,000 10,105,719
2045-2049 21,375,000 1,005,716 21,375,000 1,005,716
Total $118,682,043 $ 17,123,272 $414,890,000 $195,823,699 $214,890,000 $ 110,472,250 $748,462,043 $ 323,419,221
[These amounts do not include net unamortized premiums/(discounts)of$69,626,525 nor net deferred gain/(loss)on
refunding of($3,185,761).]
Bonds Authorized and Unissued
General obligation bonds authorized but unissued as of September 30,2019 amounted to$14,665,000.When
issued,the proceeds will be allocated to the applicable street and parks projects.
All bonds were issued publicly through negotiated or competitive terms with no direct placements. There is
no acceleration of maturity of the bonds in the event of default, and the City has never defaulted on the
payment of bonds.
H. Landfill Closure and Post-closure Cost
State and federal laws and regulations require the City to place a final cover on its Mayhill Road landfill site
upon closure and to perform certain maintenance and monitoring functions at the site for thirty years after
closure. Although closure and post-closure care costs will be paid only upon anticipated closure, the City
reports a portion of these costs as an operating expense in each period based on landfill capacity used as of
each balance sheet date.Based on an updated model created by a 2017 engineering study,total landfill closure
and post-closure cost increased from $20,819,218 at September 30, 2018 to $21,019,586 at September 30,
2019. The $10,970,382 reported as landfill closure and post-closure care liability as of September 30, 2019
is a$58,994 increase from the$10,911,388 liability reported on September 30,2018.This liability represents
the cumulative amount incurred to date based on the use of 52.04% of the estimated capacity of the entire
landfill at September 30, 2019.
Based on this estimate, the remaining potential estimated liability for closure and post-closure care of the
entire landfill is $18,625,793. The City will recognize the remaining estimated cost of closure and post-
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closure care as the remaining capacity is filled. These amounts are based on what it would cost to perform
closure and post-closure care in 2019. Actual cost may fluctuate due to inflation, changes in technology, or
changes in regulations.The landfill has a remaining life of 15 years,and the City expects to close the landfill
in fiscal year 2034.
The solid waste fund has provided for a reservation and designation of cash and investments of$11,057,545
at September 30,2019,and anticipates increasing the reserve in future periods as the closure and post-closure
activities are carried out.
I. Asset retirement obligation
The electric fund has recorded an asset retirement obligation of$22,663,717 as of September 30,2019. This
entire amount is payable to Texas Municipal Power Agency(TMPA) as the City's portion of TMPA's asset
retirement obligation for the Gibbons Creek power generation facility. See footnote V.E. on TMPA for more
details.
V. OTHER INFORMATION
A. Pension Plans
Employee Retirement Plans
The City of Denton participates in two pension plans;Texas Municipal Retirement System(TMRS),an agent-
multiple employer traditional, joint contributory, hybrid defined benefit pension plan; and the Denton
Firemen's Relief and Retirement Fund(FRRF), a single employer, contributory, defined benefit plan. Both
plans are described in detail below. Aggregate amounts for the two pension plans are as follows:
TMRS FRRF Total
Pension liability $497,298,775 $ 109,454,828 $606,753,603
Pension assets 396,837,219 86,834,224 483,671,443
Net pension liability $ 100,461,556 $ 22,620,604 $ 123,082,160
Deferred outflows of resources $ 50,582,605 $ 12,223,428 $ 62,806,033
Deferred inflows of resources 15,480,204 4,352,865 19,833,069
Pension expense 21,401,730 4,535,861 25,937,591
Texas Municipal Retirement Plan
Plan Description
The City of Denton participates as one of 887 plans in the nontraditional,joint contributory, hybrid defined
benefit pension plan administered by the Texas Municipal Retirement System(TMRS). TMRS is an agency
created by the State of Texas and administered in accordance with the TMRS Act, Subtitle G, Title 8, Texas
Government Code(the TMRS Act)as an agent multiple-employer retirement system for municipal employees
in the State of Texas. The TMRS Act places the general administration and management of the System with
a six-member board of Trustees.Although the Governor,with the advice and consent of the Senate,appoints
the Board, TMRS is not fiscally dependent on the State of Texas. TMRS's defined benefit pension plan is a
tax-qualified plan under Section 401(a) of the Internal Revenue Code. TMRS issues a publicly-available
comprehensive annual financial report(CAFR) obtainable at www.tmrs.com.
All eligible employees of the city are required to participate in TMRS.
Benefits Provided
TMRS provides retirement, disability, and death benefits. Benefit provisions are adopted by the governing
body of the City,within the options available in the state statutes governing TMRS.
At retirement, the benefit is calculated as if the sum of the employee's contributions, with interest, and the
city-financed monetary credits with interest were used to purchase an annuity. Members may choose to
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receive their retirement benefit in one of seven payments options. Members may also choose to receive a
portion of their benefit as a Partial Lump Sum Distribution in an amount equal to 12, 24, or 36 monthly
payments,which cannot exceed 75%of the member's deposits and interest.
Upon retirement, benefits depend on the sum of the employee's contributions, with interest, and the city-
financed monetary credits,with interest. City-financed monetary credits are composed of three sources:prior
service credits, current service credits, and updated service credits. Prior service credit, granted by each city
joining TMRS, is a monetary credit equal to the accumulated value of the percentage of prior service credit
adopted times and employee's deposits that would have been made, based on the average salary prior to
participation, for the number of months the employee has been employed, accruing 3% annual interest, and
including the matching ratio adopted by the City.Monetary credits for service since the plan began(or current
service credits)are a percent(200%)of the employee's accumulated contributions.In addition,the City grants
on an annually repeating basis, another type of monetary credit referred to as an updated service credit. This
monetary credit is determined by hypothetically recomputing the member's account balance by assuming the
current member deposit rate of the City (7%) has always been in effect. The computation also assumes the
member's salary has always been the member's average salary—using a salary calculation based on the 36-
month period ending a year before the effective date of calculation. This hypothetical account balance is
increased by 3% each year, and increased by the city match currently in effect(200%). The resulting sum is
then compared to the member's actual account balance increased by the actual city match and actual interest
credited. If the hypothetical calculation exceeds the actual calculation, the member is granted a monetary
credit(or Updated Service Credit)equal to the difference between the hypothetical calculation and the actual
calculation times the percentage adopted. The plan provisions also include an annually repeating basis cost
of living adjustments for retires equal to 70%of the change in the consumer price index.
Members can retire at ages 60 and above with 5 or more years of service or with 20 years of service regardless
of age. A member is vested after five years.
Employees Covered by Benefit Terms
At the December 31, 2018 valuation and measurement date, the following employees were covered by the
benefit terms:
Inactive employees or beneficiaries currently receiving benefits 644
Inactive employees entitled to but not yet receiving benefits 613
Active employees 1,265
Total 2,522
Contributions
The contribution rates for employees in TMRS are either 5%,6%,or 7%of employee gross earnings,and the
city matching percentages are either 100%, 150%, or 200%,both as adopted by the City Council. Under the
state law governing TMRS, the contribution rate for each city is determined annually by the actuary, using
the Entry Age Normal(EAN)actuarial cost method. The actuarially determined rate is the estimated amount
necessary to finance the cost of benefits earned by employees during the year,with an additional amount to
finance any unfunded accrued liability.
Employees for the City were required to contribute 7% of their annual gross earnings during the fiscal year.
The contribution rates for the City were 17.13% and 17.00% in calendar years 2018 and 2019, respectively.
The City's contributions to TMRS for the year ended September 30, 2019 were $16,055,560 and were equal
to the required contributions.
Net Pension Liability
The City's Net Pension Liability (NPL) was measured as of December 31, 2018, and the Total Pension
Liability(TPL)used to calculate the Net Pension Liability was determined by an actuarial valuation as of that
date.
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Actuarial Assumptions
The Total Pension Liability in the December 31,2018 actuarial valuation was determined using the following
actuarial assumptions:
Inflation 2.5%per year
Overall payroll growth 3.0%per year
Investment Rate of Return 6.75%,net of pension plan investment expense, including inflation
Salary increases were based on a service-related table. Mortality rates for active members, retirees, and
beneficiaries were based on the gender-distinct RP2000 Combined Healthy Mortality Tables with Blue Collar
Adjustment,with male rates multiplied by 109%and female rates multiplied by 103%.The rates are projected
on a fully generational basis by scale BB to account for future mortality improvements. For disabled
annuitants,the gender-distinct RP2000 Combined Healthy Mortality Tables with Blue Collar Adjustment are
used with male rates multiplied by 109%and female rates multiplied by 103%with a 3-year set-forward for
both males and females. In addition, a 3% minimum mortality rate is applied to reflect the impairment for
younger members who become disabled. The rates are projected on a fully generational basis by scale BB to
account for future mortality improvements subject to the 3%floor.
The actuarial assumptions were developed primarily from the actuarial investigation of the experience of
TMRS over the four year period from December 31,2010 to December 31,2014.They were adopted in 2015
and first used in the December 31, 2015 actuarial valuation. The post-retirement mortality assumption for
healthy annuitants and Annuity Purchase Rate (APRs) are based on the Mortality Experience Investigation
Study covering 2009 through 2011 and dated December 31, 2013. In conjunction with these changes first
used in the December 31, 2013 valuation, the System adopted the Entry Age Normal actuarial cost method
and a one-time change to the amortization policy. Plan assets are managed on a total return basis with an
emphasis on both capital appreciation as well as the production of income, in order to satisfy the short-term
and long-term funding needs of TMRS.
The long-term expected rate of return on pension plan investments was determined using a building-block
method in which best estimate ranges of expected future real rates of return(expected returns,net of pension
plan investment expense and inflation)are developed for each major asset class. These ranges are combined
to produce the long-term expected rate of return by weighting the expected future real rates of return by the
target asset allocation percentage and by adding expected inflation. In determining their best estimate of a
recommended investment return assumption under the various alternative asset allocation portfolios,TMRS's
actuary focused on the area between (1) arithmetic mean (aggressive) without an adjustment for time
(conservative)and(2)the geometric mean(conservative)with an adjustment for time(aggressive).The target
allocation and best estimates of real rates of return for each major asset class in fiscal year 2019 are
summarized in the following table:
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Long-Term
Expected Real
Target Rate of Return
Asset Class Allocation (Arithmetic)
Domestic Equity 17.5% 4.30%
International Equity 17.5% 6.10%
Core Fixed Income 10.0% 1.00%
Non-Core Fixed Income 20.0% 3.39%
Real Return 10.0% 3.78%
Real Estate 10.0% 4.44%
Absolute Return 10.0% 3.56%
Private Equity 5.0% 7.75%
Total 100.0%
Discount Rate
The discount rate used to measure the Total Pension Liability was 6.75%. The projection of cash flows used
to determine the discount rate assumed that employee and employer contributions will be made at the rates
specified in statute. Based on that assumption,the pension plan's Fiduciary Net Position was projected to be
available to make all projected future benefit payments of current active and inactive employees. Therefore,
the long-term expected rate of return on pension plan investments was applied to all periods of projected
benefit payments to determine the Total Pension Liability.
Changes in the Net Pension Liability
Increase (Decrease)
Total Pension Plan Fiduciary Net Pension
Liability Net Position Liability
(a) (b) (a) - (b)
Balance at 12/31/2017 $467,822,431 $406,215,629 $ 61,606,802
Changes for the year:
Service cost 14,990,529 - 14,990,529
Interest 31,468,411 - 31,468,411
Difference between expected
and actual experience 1,255,443 - 1,255,443
Contributions - employer - 15,107,443 (15,107,443)
Contributions - employee - 6,175,407 (6,175,407)
Net investment income - (12,175,765) 12,175,765
Benefit payments,including refunds
of employee contributions (18,238,039) (18,238,039) -
Administrative expense - (235,169) 235,169
Other changes - (12,287) 12,287
Net changes 29,476,344 (9,378,410) 38,854,754
Balance at 12/31/2018 $497,298,775 $ 396,837,219 $ 100,461,556
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Sensitivity of the Net Pension Liability to Changes in the Discount Rate
The following presents the net pension liability of the City, calculated using the discount rate of 6.75%, as
well as what the City's net pension liability would be if it were calculated using a discount rate that is 1-
percentage-point lower(5.75%)or 1-percentage-point higher(7.75%)than the current rate:
1% Decrease in Current 1% Increase in
Discount Rate Discount Rate Discount Rate
(5.75%) (6.75%) (7.75%)
City's net pension liability $ 174,477,764 $ 100,461,556 $ 40,126,277
Pension Plan Fiduciary Net Position
Detailed information about the pension plan's Fiduciary Net Position is available in a separately-issued
TMRS financial report. That report may be obtained on the Internet at www.tmrs.com.
Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to
Pensions
For the year ended September 30, 2019, the City recognized pension expense of$21,401,730. This amount
is included as part of personal services expenses.
At September 30, 2019, the City reported deferred outflows of resources and deferred inflows of resources
related to TMRS pension from the following sources:
Deferred Outflows Deferred Inflows
of Resources of Resources
Differences between projected and
actual investment earnings $ 36,036,676 $ (15,088,984)
Contributions subsequent to the
measurement date 12,328,531 -
Differences between expected and
actual economic experience 2,217,398 (306,151)
Difference in assumption changes - (85,069)
Total $ 50,582,605 $ (15,480,204)
$12,328,531 reported as deferred outflows of resources related to pensions resulting from contributions
subsequent to the measurement date will be recognized as a reduction of the net pension liability for the City's
fiscal year ending September 30,2020.Other amounts reported as deferred outflows and inflows of resources
related to pensions will be recognized in pension expense as follows:
For the Year
Ended September 30,
2020 $ 7,570,408
2021 3,601,210
2022 3,470,098
2023 8,132,154
2024 -
Total $22,773,870
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Denton Firemen's Relief and Retirement Plan
Plan Description
The City contributes to the retirement plan for firefighters in the Denton Fire Department known as the
Denton Firemen's Relief and Retirement Fund (the Fund). The Fund is a single employer, contributory,
defined benefit plan. The benefit provisions of the Fund are authorized by the Texas Local Fire Fighters'
Retirement Act(TLFFRA).TLFFRA provides the authority and procedure to amend benefit provisions. The
plan is administered by the Board of Trustees of the Denton Firemen's Relief and Retirement Fund.The City
does not have access to nor can it utilize assets within the retirement plan trust.The Fund issues a stand-alone
report pursuant to GASB Statement No. 67,which may be obtained by writing the Denton Firemen's Relief
and Retirement Fund at P.O. Box 2375, Denton, Texas 76202. See that report for all information about the
plan fiduciary net position.
Benefits Provided
Firefighters in the Denton Fire Department are covered by the Denton Firemen's Relief and Retirement Fund
which provides service retirement, death, disability, and withdrawal benefits. These benefits fully vest after
20 years of credited service. Firefighters may retire at age 50 with 20 years of service. A partially-vested
benefit is provided for firefighters who terminate employment with at least 10 but less than 20 years of
service. If a terminated firefighter has a partially vested benefit,the firefighter may retire starting on the date
they would have both completed 20 years of service if they had remained a Denton firefighter and attained
age 50. The present plan effective January 1, 2011 provides a monthly normal service retirement benefit,
payable in a Joint and Two-Thirds to Spouse form of annuity, equal to 2.59%of Highest 36-Month Average
Salary for each year of service.
A retiring firefighter who is at least age 52 with at least 22 years of service has the option to elect the
Retroactive Deferred Retirement Option Plan(RETRO DROP)which will provide a lump sum benefit and a
reduced monthly benefit.The reduced monthly benefit is based on the service and Highest 36-Month Average
Salary as if the firefighter had terminated employment on their selected RETRO DROP benefit calculation
date, which is no earlier than the later of the date the firefighter meets the age 52 and 22 years of service
requirements and the date four years prior to the date the firefighter actually retires. Upon retirement, the
member will receive, in addition to the monthly retirement benefit, a lump sum equal to the sum of(1) the
amount of monthly contributions the member has made to the Fund after the RETRO DROP benefit
calculation date plus(2)the total of the monthly retirement benefits the member would have received between
the RETRO DROP benefit calculation date and the date retired under the plan.There are no account balances.
The lump sum is calculated at the time of retirement and distributed as soon as administratively possible.
There is no provision for automatic postretirement benefit increases. The Fund has the authority to provide,
and has periodically in the past provided, ad hoc postretirement benefit increases.
Employees Covered by Benefit Terms
hi the December 31,2017 actuarial valuation,the following numbers of members were covered by the Fund:
Inactive employees or beneficiaries currently receiving benefits 84
Inactive employees entitled to but not yet receiving benefits 3
Active employees 189
Total 276
Contributions
The contribution provisions of the Fund are authorized by TLFFRA. TLFFRA provides the authority and
procedure to change the amount of contributions determined as a percentage of pay by each firefighter and a
percentage of payroll by the City.
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SEPTEMBER 30,2019
The funding policy of the Denton Firemen's Relief and Retirement Fund requires contributions equal to
12.6% of pay by the firefighters, the rate elected by the firefighters according to TLFFRA. The City began
contributing in December 2017 according to a new City funding policy. The ordinance defining it includes
an actuarially determined contribution rate over a closed 25-year amortization period, a contribution rate of
18.5%for several years, a minimum rate standard, and City review and approval of each actuarial valuation.
The December 31, 2017 actuarial valuation includes the assumption the City contribution rate will be 18.5%
over the unfunded liability amortization period. The costs of administering the plan are paid from the Fund
assets. The City's contributions to the Fund for the year ended September 30,2019 were$3,610,711
Ultimately,the funding policy also depends upon the total return of the Fund's assets,which varies from year
to year.Investment policy decisions are established and maintained by the board of trustees.The board selects
investments and employs investment managers with the advice of their investment consultant who is
completely independent of the investment managers. For the calendar year ending December 31, 2018, the
money-weighted rate of return on pension plan investments was-0.21%.This measurement of the investment
performance is net of investment-related expenses, reflecting the effect of the timing of the contributions
received and the benefits paid during the year.
While the contribution requirements are not actuarially determined, state law requires that each change in
plan benefits adopted by the Fund must first be approved by an eligible actuary, certifying the contribution
commitment by the firefighters and the assumed city contribution rate together provide an adequate
contribution arrangement.Using the entry age actuarial cost method,the plan's normal cost contribution rate
is determined as a percentage of payroll. The excess of the total contribution rate over the normal cost
contribution rate is used to amortize the plan's unfunded actuarial accrued liability(UAAL). The number of
years needed to amortize the plan's UAAL is actuarially determined using an open,level percentage of payroll
method.
Net Pension Liability
The City of Denton's net pension liability was measured as of December 31, 2018, and the total pension
liability used to calculate the net pension liability was determined based on the actuarial valuation as of
December 31,2017 and rolled forward to December 31, 2018.
Total pension liability $ 109,454,828
Plan fiduciary net position 86,834,224
City's net pension liability $ 22,620,604
Plan fiduciary net position as a
percentage of the total pension liability 79.3%
Actuarial Assumptions
The total pension liability in the December 31, 2017 actuarial valuation was determined using the following
actuarial assumptions, applied to all periods included in the measurement:
Inflation 2.50%per year
Overall payroll growth 3.00%per year,plus promotion, step and longevity increases that vary by
service
Investment Rate of Return 6.75%,net of pension plan investment expense, including inflation
Mortality rates were based on the RP-2000 Combined Healthy Mortality Tables for males and for females
(sex distinct)projected to 2024 by scale AA.
The long-term expected rate of return on pension plan investments is reviewed for each biennial actuarial
valuation and was determined using a building-block method in which expected future net real rates of return
(expected returns, net of pension plan investment expense and inflation) are developed for each major asset
class. These components are combined to produce the long-term expected rate of return by weighting the
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expected future net real rates of return by the target asset allocation percentage(currently resulting in 5.1%)
and by adding expected inflation(2.5%). In addition,the final 6.75% assumption was selected by"rounding
down" and thereby reflects a reduction of 0.85% for adverse deviation. The target allocation and expected
arithmetic net real rates of return for each major asset class are summarized in the following table:
Long-Term
Expected Real
Target Rate of Return
Asset Class Allocation (Arithmetic)
Equities
Large Cap Domestic 40.0% 6.00%
Small/Mid Cap Domestic 10.0% 6.50%
International Developed 10.0% 6.50%
Alternatives
Master Limited Partnerships 8.0% 8.00%
Real Estate 15.0% 4.50%
Fixed Income 10.0% 1.00%
Cash 7.0% 0.00%
Total 100.0%
Discount Rate
The discount rate used to measure the total pension liability was 6.75%.No projection of cash flows was
used to determine the discount rate because the December 31,2017 actuarial valuation showed expected
contributions would pay the normal cost and amortize the unfunded actuarial accrued liability(UAAL)
in 15 years. Because of the 15-year amortization period of the UAAL, the pension plan's fiduciary net
position is expected to be available to make all projected future benefit payments of current active and
inactive members.Therefore,the long-term expected rate of return on pension plan investments of 6.75%
was applied to all periods of projected benefit payments as the discount rate to determine the total pension
liability.
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Changes in the Net Pension Liability
Increase (Decrease)
Total Pension Plan Fiduciary Net Pension
Liability Net Position Liability
(a) (b) (a) - (b)
Balance at 12/31/2017 $ 102,845,928 $ 85,388,283 $ 17,457,645
Changes for the year:
Service cost 3,615,495 - 3,615,495
Interest 7,049,261 - 7,049,261
Difference between expected
and actual experience - - -
Contributions - employer - 3,434,007 (3,434,007)
Contributions - employee - 2,338,837 (2,338,837)
Net investment income - (183,148) 183,148
Benefit payments,including refunds
of employee contributions (4,055,856) (4,055,856) -
Administrative expense - (87,899) 87,899
Net changes 6,608,900 1,445,941 5,162,959
Balance at 12/31/2018 $ 109,454,828 $ 86,834,224 $ 22,620,604
Sensitivity of the Net pension Liability to Changes in the Discount Rate
The following presents the net pension liability of the City of Denton, calculated using the discount rate
of 6.75%, as well as what the city's net pension liability would be if it were calculated using a discount
rate that is I-percentage-point lower(5.75%)or I-percentage-point higher(7.75%)than the current rate:
1% Decrease in Current 1% Increase in
Discount Rate Discount Rate Discount Rate
(5.75%) (6.75%) (7.75%)
City's net pension liability $ 36,371,583 $ 22,620,604 $ 11,023,429
Pension Plan Fiduciary Net Position
The plan fiduciary net position reported above is the same as reported by the Fund. Detailed information
about the plan fiduciary net position is available in the Fund's separately issued audited financial statements,
which are reported using the economic resources measurement focus and the accrual basis of accounting in
conformity with accounting principles generally accepted in the United States of America. Revenues are
recorded when earned, and expenses are recorded when a liability is incurred,regardless of the timing of the
related cash flows. Investments are reported at fair value,the price that would be recognized to sell an asset
in an orderly transaction between market participants at the measurement date.
Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to
Pensions
For the year ended September 30, 2019, the City recognized pension expense of $4,535,861. Amounts
recognized in the fiscal year represent changes between the current and prior year measurement dates. This
amount is included as part of personnel services expenses.
At September 30, 2019, the City reported deferred outflows of resources and deferred inflows of resources
related to the Fund from the following sources:
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SEPTEMBER 30,2019
Deferred Outflows Deferred Inflows
of Resources of Resources
Differences between projected and
actual investment earnings $ 6,454,881 $ (3,133,380)
Contributions subsequent to the
measurement date 2,770,867 -
Differences between expected and
actual economic experience 1,619,516 (1,219,485)
Difference in assumption changes 1,378,164 -
Total $ 12,223,428 $ (4,352,865)
Deferred outflows of resources related to pensions resulting from contributions subsequent to the
measurement date of $2,770,867 will be recognized as a reduction of the net pension liability for the
measurement year ending December 31, 2019 and the City's fiscal year ending September 30, 2020. Other
amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in
pension expense as follows:
For the Year
Ended September 30,
2020 $ 1,891,803
2021 238,391
2022 705,096
2023 1,438,419
2024 238,052
Thereafter 587,935
Total $ 5,099,696
B. Post-employment Benefits Other than Pensions(OPEB)
The City of Denton provides for two post-employment benefit (OPEB) plans; one provides for post-
employment medical care through a single-employer defined benefit medical plan(Medical OPEB), and the
other is the Texas Municipal Retirement System Supplemental Death Benefits Fund(TMRS SDBF),a single-
employer defined benefit OPEB plan. Both plans are described in detail below.
Aggregate amounts for the two OPEB plans are as follows:
Medical OPEB TMRS SDBF Total
Total OPEB liability $ 40,182,078 $ 3,445,749 $ 43,627,827
Deferred outflows of resources $ 2,169,267 $ 442,304 $ 2,611,571
Deferred inflows of resources 1,666,243 207,294 1,873,537
OPEB expense 3,346,412 316,328 3,662,740
Medical Benefits
Plan Description
The City of Denton provides post-employment medical care(OPEB)for retired employees through a single-
employer defined benefit medical plan. The plan provides medical benefits for eligible retirees,their spouses
and dependents though the City's group health insurance plans, which covers both active and retired
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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members. The benefits, benefit levels, and contribution rates are recommended annually by the City
management as part of the budget process.Any changes in rate subsidies for retirees are approved by the City
Council. Since an irrevocable trust has not been established,the plan is not accounted for as a trust fund. The
plan does not issue a separate financial report.
Benefits Provided
The City provides post-employment medical,dental,and vision care benefits to its retirees.To be eligible for
benefits, an employee must qualify for retirement under the Texas Municipal Retirement System or the
Denton Firemen's Relief and Retirement Plan.Retirees must make a one-time irrevocable decision to choose
benefits at the time of retirement, after that their eligibility for the benefits ceases. However, retirees can
move between plans and can add and drop dependents based on qualifying events.
All medical care benefits are provided through the City's self-insured health plan. The benefit levels are the
same as those afforded to active employees.
Employees Covered by the Benefit Terms
In the December 31,2017 actuarial valuation,the following number of employees were covered by the benefit
terms:
Inactive employees or beneficiaries currently receiving benefits 123
Inactive employees entitled to but not yet receiving benefits 0
Active employees 1,402
Total 1,525
Funding Policy
The plan premium rates are recommended annually by City management and approved by the City Council
as part of the annual budget.The retiree's contribution is the full amount of the actuarially determined blended
premium rate less a subsidy dependent upon years of service at retirement. By providing retirees with access
to the City's healthcare plans based on the same rates it charges to active employees, the City is in effect
providing a subsidy to retirees. This implied subsidy exists because, on average,retiree health care costs are
higher than active employee healthcare costs. By the City not contributing anything toward this plan in
advance,the City employs a pay-as-you-go method through paying the higher rate for active employees each
year. The City contributes $40 per month for each five-year increment of service, up to $200 per month,
toward the cost of retiree coverage. The full cost for dental and vision is paid by the retiree. Retirees are
required to enroll in Medicare Part B once eligible (age 65) and are moved into a fully-insured Medicare
Supplement plan at that time. The same City contribution level applies to the supplement.
Medical OPEB Liability
The City's medical OPEB liability of$40,182,078 was measured as of December 31, 2018 and determined
by rolling forward the actuarial valuation as of December 31,2017.
Actuarial Methods and Assumptions
The medical OPEB liability in the December 31,2017 actuarial valuation was determined using the following
actuarial assumptions and other inputs, applied to all periods included in the measurement date, unless
otherwise specified.
Significant method and assumptions used for this fiscal year valuation were as follows:
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Actuarial Assumptions
12/31/2017
Valuation date December 31,2017
Actuarial cost method Individual Entry-Age Normal Method
Discount Rate 3.31%as of December 31,2017
3.71%as of December 31,2018
Inflation rate 2.50%per annum
Projected salary increases 3.50%to 10.50%for TMRS, including inflation
3.00%to 9.18%for Fire,including inflation
Healthcare trend rates Initial rate of 7.50%declining to an ultimate rate
of 4.25%after 15 years
Mortality TMRS: For healthy retirees,the gender-distinct
RP-2000 Combined Healthy Mortality Tables
with Blue Collar Adjustment are used with male
rates multiplied by 109%and female rates
multiplied by 103%. The rates are projected on a
fully generational basis by scale BB to account
for future mortality improvements.
Firefighters: The gender-distinct RP-2000
Combined Healthy Mortality Tables projected to
2024 with Scale AA. No additional provision is
made for future improvements in mortality after
the measurement date other than the margins
described above.
Participation Rates 60%for retirees age 65 or older at retirement:
45%for retirees between the ages of 50 and 64
at retirement;
0%for retirees under age 50 at retirement
Changes in the Medical OPEB Liability
Total Medical
OPEB Liability
Balance at 12/31/2017 $ 39,631,890
Changes for the year:
Service cost 1,995,008
Interest 1,329,949
Difference between expected and actual experience ( 150,485)
Changes of assumptions ( 1,724,923)
Benefit payments (899,361)
Net changes 550,188
Balance at 12/31/2018 $ 40,182,078
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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Sensitivity of the Medical OPEB Liability to Changes in the Discount Rate
The following schedule shows the impact of the medical OPEB liability if the discount rate used was 1%less
than(2.71%)and 1%greater than(4.71%)the discount rate that was used(3.71%)in measuring the medical
OPEB liability:
Current
1% Decrease Discount Rate 1% Increase
(2.71%) (3.71%) (4.71%)
Total medical OPEB liability $ 44,667,400 $ 40,182,078 $ 36,238,525
Sensitivity of the Medical OPEB Liability to Changes in the Healthcare Cost Trend Rate Assumption
The following schedule shows the impact of the medical OPEB liability if the healthcare trend cost rate used
was 1%less than(6.50%) and 1%more than(8.50%)the healthcare cost trend rate that was used(7.50%) in
measuring the medical OPEB liability:
Current Healthcare
1% Decrease Cost Trend Rate 1% Increase
(6.50%) (7.50%) (8.50%)
Total medical OPEB liability $ 36,377,186 $ 40,182,078 $ 44,699,758
Medical OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources
Related to Medical OPEB
For the year ended September 30, 2019, the City recognized medical OPEB expense of $3,346,412. At
September 30, 2019, the City reported deferred outflows of resources and deferred inflows of resources
related to medical OPEB from the following sources:
Deferred Outflows Deferred Inflows
of Resources of Resources
Differences between expected and actual economic experience $ - $ 133,701
Changes in actuarial assumptions 1,606,547 1,532,542
Contributions subsequent to the measurement date 562,720 -
Totals $ 2,169,267 $ 1,666,243
Amounts reported as deferred outflows of resources related to the medical OPEB will be recognized in OPEB
expense as follows:
Year Ending Net Deferred
September 30, Outflows/(Inflows)
2020 $ 21,455
2021 21,455
2022 21,455
2023 21,455
2024 21,455
Thereafter (166,971)
Total $ (59,696)
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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TMRS Supplemental Death Benefit Fund
Plan Description
The City of Denton voluntarily participates in the Texas Municipal Retirement System Supplemental Death
Benefits Fund (TMRS SDBF). The SDBF is a defined benefit group-term life insurance Other
Postemployment Benefit (OPEB) plan as defined by GASB Statement No. 75, Accounting and Financial
Reportingfor Postemployment Benefits Other Than Pensions.No assets are accumulated in a trust that meets
the criteria in paragraph 4 of GASB Statement No. 75. It is established and administered in accordance with
the TMRS Act identically to the City's pension plan.
Benefits Provided
The SDBF provides group-term life insurance to City employees who are active members in TMRS,including
or not including retirees. The City Council opted into this system via an ordinance, and may terminate
coverage under,and discontinue participation in,the SDBF by adopting an ordinance before November 1st of
any year to be effective the following January 1st
Payments from this fund are similar to group-term life insurance benefits, and are paid to the designated
beneficiaries upon the receipt of an approved application for payment.The death benefit for active employees
provides a lump-sum payment approximately equal to the employee's annual salary(calculated based on the
employee's actual earnings for the 12-month period preceding the month of death). The death benefit for
retirees is considered an "other postemployment benefit" (OPEB) and is a fixed amount of$7,500. As the
SDBF covers both active and retiree participants with no segregation of assets,the SDBF is considered to be
an unfunded OPEB plan.
Employees Covered by the Benefit Terms
In the December 31,2018 actuarial valuation,the following number of employees were covered by the benefit
terms:
Inactive employees or beneficiaries currently receiving benefits 504
Inactive employees entitled to but not yet receiving benefits 176
Active employees 1,265
Total 1,945
Contributions
The City contributes to the SDBF at a contractually required rate as determined by an annual actuarial
valuation, which was 0.18% for both 2019 and 2018, of which 0.03% and 0.02%, respectively represented
the retiree-only portion for each year, as a percentage of annual covered payroll. The rate is equal to the cost
of providing one-year term life insurance.The funding policy for the SDBF program is to assure that adequate
resources are available to meet all the death benefit payments for the upcoming year; the intent is not to
prefund retiree term life insurance during employees' entire careers. The City's contribution to the SDBF for
two years ended September 30, 2019 and 2018 were $169,702 and $156,539 respectively, representing
contributions for both active and retiree coverage,which equaled the required contribution each year.
Actuarial Methods and Assumptions
The SDBF OPEB liability in the December 31, 2018 actuarial valuation was determined using the following
actuarial assumptions:
12/31/2018
Inflation rate 2.50%per annum
Discount rate 3.71%
Actuarial cost method Entry Age Normal Method
Projected salary increases 3.50%to 10.5%including inflation
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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Salary increases were based on a service-related table. Mortality rates for active members, retirees, and
beneficiaries were based on the following:
Mortality rates for active members, retirees, and beneficiaries were based on the gender-distinct RP2000
Combined Healthy Mortality Tables with Blue Collar Adjustment, with male rates multiplied by 109% and
female rates multiplied by 103%.The rates are projected on a fully generational basis by scale BB to account
for future mortality improvements. For disabled annuitants, the gender-distinct RP2000 Combined Healthy
Mortality Tables with Blue Collar Adjustment are used with male rates multiplied by 109%and female rates
multiplied by 103% with a 3-year set forward for both males and females. In addition, a 3% minimum
mortality rate is applied to reflect the impairment for younger members who became disabled. The rates are
projected on a fully generational basis by scale BB to account for the future mortality improvements subject
to the 3% floor. Administrative expenses for the SDBF are paid through the TMRS Pension Trust Fund and
are wholly accounted for under the provisions of GASB Statement No. 68.
Changes in assumptions reflect the annual change in the municipal bond rate.The actuarial assumptions used
in the December 31,2018 valuation were based on the results of an actuarial experience study for the period
December 31,2010 to December 31, 2014.
Discount Rate
The SDBF program is treated as an unfunded OPEB plan because the SDBF trust covers both actives and
retirees and the assets are not segregated for these groups.As such, a single discount rate of 3.71%was used
to measure the SDBF OPEB Liability. Because the plan is essentially a "pay-as-you-go" plan, the single
discount rate is equal to the prevailing municipal bond rate.The source of the municipal bond rate was fixed-
income municipal bonds with 20 years to maturity that include only federally tax-exempt municipal bonds as
reported in Fidelity Index's"20-year Municipal GO AA Index"as of December 31, 2018.
Sensitivity of the SDBF OPEB Liability to Changes in the Discount Rate
The following schedule shows the impact of the SDBF OPEB liability if the discount rate used was 1%less
than(2.71%)and 1%greater than(4.71%)the discount rate that was used(3.71%)in measuring the medical
OPEB liability:
Current
1% Decrease Discount Rate 1% Increase
(2.71%) (3.71%) (4.71%)
Total SDBF OPEB liability $ 4,117,352 $ 3,445,749 $ 2,924,926
OPEB Liabilities,OPEB Expense, and Deferred Outflows of Resources Related to OPEBs
At September 30, 2019 the City reported a liability of$3,445,749 for its Total SDBF OPEB liability. The
total SDBF liability was determined by an actuarial valuation as of December 31, 2018. For the year ended
September 30,2019,the City recognized SDBF OPEB expense of$316,328.There were no changes of benefit
terms that affected measurement of the Total SDBF Liability during the measurement period.
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
Changes in the SDBF OPEB Liability
Total SDBF
OPEB Liability
Balance at 12/31/2017 $ 3,268,993
Changes for the year:
Service cost 176,359
Interest 110,831
Difference between expected
and actual experience 155,143
Changes of assumptions (247,941)
Benefit payments (17,636)
Net changes 176,756
Balance at 12/31/2018 $ 3,445,749
At September 30, 2019, the City reported deferred outflows of resources and deferred inflows of resources
related to other SDBF post-employment benefits from the following sources:
Deferred Outflows Deferred Inflows
of Resources of Resources
Differences between expected and
actual economic experience $ 129,710 $ -
Changes in actuarial assumptions 181,839 207,294
Contributions subsequent to the
measurement date 130,755 -
Totals $ 442,304 $ 207,294
The$130,755 reported as deferred outflows of resources related to SDBF OPEB resulting from contributions
subsequent to the measurement date will be recognized as a reduction of the Total SDBF Liability for the
year ending September 30,2020. Other amounts reported as deferred outflows of resources related to SDBF
OPEB will be recognized in OPEB expense as follows:
Year Ending Net Deferred
September 30 Outflows/(Inflows)
2020 $ 29,138
2021 29,138
2022 29,138
2023 29,138
2024 (10,778)
Thereafter (1,519)
Total $ 104255
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
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C. Deferred Compensation Plan
The City offers its employees a deferred compensation plan created in accordance with Internal Revenue
Code Section 457.For the calendar years 2018 and 2019,the plan,available to all permanent City employees,
permitted them to defer,until future years,up to$18,500 and$19,000,respectively. Employees who are age
50 or older may contribute an additional amount of $6,000, the total not to exceed $25,000 in 2019.
Employees who are within three years of retirement eligibility may elect to participate in a catch-up provision
allowed by Section 457,which has an annual maximum contribution amount of$37,000 in 2018 and$38,000
in 2019.The withdrawal of deferred compensation funds is only available to employees by loan,termination,
retirement, death, or unforeseeable emergency.
All amounts of compensation deferred under the plan,all property and rights purchased with those amounts,
and all income attributable to those amounts, property or rights are, until paid or made available to the
employee or other beneficiary, solely the property and rights of the employees. Accordingly, the assets and
associated liability of the plan are not included in the City's financial statements.
It is the opinion of the City's legal counsel that the City has no liability for losses under the plan.
D. Self-insurance Plan
The City has established a self-insurance plan for liability and workers' compensation claims in the Risk
Retention Fund. Accrued claims payable include provisions for claims reported and claims incurred but not
reported. The provision for reported claims is determined by estimating the amount which will ultimately be
paid for each claimant. The provision for claims incurred but not yet reported is estimated based on actuarial
studies.
It is the policy of the City of Denton not to purchase commercial insurance for workers'compensation claims
or general liability. Commercial liability insurance coverage is purchased for airport operations, emergency
medical services, take-home vehicles, and employee theft and dishonesty. Additionally, excess insurance is
purchased for general liability,auto liability,public officials,and workers'compensation exposures.The City
reports liabilities when it is probable that a loss has occurred and the amount of that loss can be reasonably
estimated. Liabilities include an amount for claims that have been incurred but not reported. Because actual
claim liabilities depend on such complex factors as inflation,changes in legal doctrines, and damage awards,
the process used in computing claims liability does not necessarily result in an exact amount.
In January 2008, the City started a self-insured group employee health insurance plan. Claims are paid from
the Health Insurance Fund,which has an annually negotiated stop loss provision.
The City's costs associated with the self-insurance plans are interfund transactions. Accordingly, they are
treated as operating revenues of the Internal Service Risk Retention Fund and Health Insurance Fund and
operating expenditures(expenses)of the other funds and employee payroll deductions.
Claims liabilities are re-evaluated periodically to take into consideration settlement of claims,new claims and
other factors. As of September 30, 2019 the estimated value of these liabilities was $4,594,291. Changes in
balances of claims liabilities during fiscal years 2019 and 2018 were as shown as follows:
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
Claims Liability Claims and Claims Liability
Beginning of Change in Claims End of Fiscal
Fiscal Year Estimates Payments Year
Workers'
Compensation
2019 $ 1,790,669 $ 594,989 $ 349,834 $ 2,035,824
2018 1,661,902 1,040,854 912,087 1,790,669
General Liability
2019 $ 1,017,886 $ 398,268 $ 696,018 $ 720,136
2018 844,772 440,089 266,975 1,017,886
Health Insurance
2019 $ 1,974,963 $21,910,864 $22,047,496 $ 1,838,331
2018 1,827,339 23,276,627 23,129,003 1,974,963
On September 30,2019,the City of Denton had a negative unrestricted net position of$761,116 in the Risk
Retention Fund and an additional positive net position of $2,457,122 in the Health Insurance Fund for
payment of claims,both in addition to the liability balances recorded.There were no significant reductions in
insurance coverage from coverage in the prior year, and the amount of settlements did not exceed insurance
coverage in the current year or in any of the past three fiscal years.
E. Commitments and Contingencies
Agreement with TMPA
In 1976, the City, along with the cities of Bryan, Greenville, and Garland, Texas (the Cities) entered into a
Power Sales Contract with the Texas Municipal Power Agency (TMPA). TMPA was created through
concurrent ordinances of the Cities and is governed by a Board of Directors consisting of eight members,two
appointed by the governing body of each city.Under the terms of the agreement,TMPA agreed to construct
or acquire electric generating plants to supply energy and power to the Cities for a period of not less than 35
years.The Cities in turn agreed to purchase all future power and energy requirements in excess of the amounts
generated by their systems from TMPA at prices intended to cover operating costs and retirement of debt. In
the event that revenues were insufficient to cover all costs and retire the outstanding debt, each of the cities
guaranteed a portion of the unpaid debt based, generally,upon the pro rata share.
TMPA, a municipal corporation, is governed by a Board of Directors consisting of eight members. The
governing body of each of the four Cities appoints two members to the Board. An affirmative vote of five
Directors, plus a weighted majority vote based on the respective energy usage of the Cities, is required for
major decisions.
The City pays TMPA a pro-rated monthly charge based on the City's contractual portion of TMPA's annual
fixed operating costs and debt service payments,which is currently 21.3%. As of September 30, 2019, total
TMPA long-term debt outstanding was approximately$217,658,000, all of which was transmission debt and
has no effect on the term of the contract.All outstanding generation debt was paid off on September 1,2018.
In 2016 and 2017, TMPA issued requests for proposals (RFPs) regarding the proposed sale of the agency's
generation assets and a portion of the transmission assets. Certain proposals received in connection with the
2016 and 2017 RFPs were pursued,but negotiations were ultimately discontinued.In 2019,TMPA issued an
RFP involving only the sale of generation assets. Proposals were received in August 2019 and are currently
undergoing evaluation.
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
Effective September 1,2016,TMPA and the Member Cities entered into a Joint Operating Agreement(JOA).
hi general, the purposes of the JOA include: (i) funding TMPA operations such as mine reclamation,
transmission service, and plant decommissioning following expiration of the Power Sales Contract (PSC);
(ii)subject to certain exceptions,requiring Member City approval for the issuance of new debt,the execution
of certain significant contracts, and the sale of property exceeding $10 million in value; (iii) specifying
provisions for determining how costs of TMPA and proceeds from the sale of assets are to be allocated among
the Member Cities; (iv)providing for the establishment by TMPA of reserve funds for the decommissioning
of the plant and the indemnification of TMPA Board Members and Member City officials, employees,
contractors, and agents; and (v) dividing the operations of TMPA into three business functions (mine,
generation,and transmission) and requiring separate budgets and books for each business function.
The PSC provides upon dissolution of TMPA, the assets of TMPA automatically being transferred to the
Member Cities,with each Member City receiving an undivided interest in the assets of TMPA in proportion
to the amount paid by the Member City to TMPA. The JOA requires TMPA to periodically make this
calculation for each business unit, and sets out formulas for making these calculations.Under the JOA,these
ownership calculations are relevant not only to the allocation of assets upon dissolution of TMPA, but also
to the allocation of certain proceeds from the sale of assets,and in some cases,the allocation of TMPA costs.
At the request of a majority of the Member Cities,TMPA is required by the JOA to transfer a divided interest
in the transmission system to each Member City. Under this partition process, the objective is for each City
to receive ownership of transmission facilities in the vicinity of the Member City, and in proportion to the
Member City's ownership interest in the transmission business.Any such transfer of transmission assets must
be in compliance with relevant bond covenants, including those requiring defeasance of all or a portion of
transmission debt.
The JOA included a reclamation plan for the mine,required the development of a decommissioning plan,and
set out standards for environmental remediation.TMPA is required to comply with these plans and standards.
Under the JOA, in discharging its contractual obligations, including mine reclamation, decommissioning,
transmission service, environmental remediation,indemnification,and other obligations,TMPA is rendering
services to the Member Cities.The JOA obligates each Member City to pay the cost of these services, and to
collect rates and charges for electric service sufficient to enable it to pay to TMPA all amounts due under the
JOA for these services. The City's payment obligations under the JOA are payable exclusively from such
electric utility revenues, and constitute an operating expense of the electric system.
Unless terminated earlier through the mutual consent of all parties, the JOA remains in effect until the
dissolution of TMPA and the winding up of its affairs.
Effective September 1, 2016, the JOA was amended (Amendment No. 1). The primary purposes of the
amendment were to authorize the sale of Gibbons Creek and the sale of the Southern 345 kV Transmission
System and to authorize the issuance of refunding bonds in connection with such sales. As the sale
contemplated by Amendment No. 1 did not occur, by its own terms, Amendment No. 1 ceased to have any
force or effect.Effective September 22,2017,the JOA was amended a second time(Amendment No. 2).The
purposes of this amendment are to: continue TMPA's authority to issue mine reclamation bonds as had been
contemplated in Amendment No. 1; revise the dates on which the separate budgets of the JOA become
effective; authorize TMPA to sell certain mining and transmission assets,provided the sales do not exceed in
value certain financial thresholds, and provided the sales comply with bond covenants; and allow for an
extension to the term of the PSC, applicable only to the cities notifying TMPA of the extension, in order to
complete a period of seasonal operation in 2018, or such other period of time as desired by the notifying
cities. Pursuant to this provision,the City extended the PSC from September 1,2018 to September 30,2018,
in order to complete the period of 2018 seasonal operation. As of September 30, 2018,the PSC had expired
for all member cities.
On September 17,2019 the JOA was amended(Amendment No.3).The amendment defined portions specific
to the generation business that had been tied to the expired PSC and clarified all board members may vote on
matters involving decommissioning and the sale of the plant. It exempted financial commitments related to
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SEPTEMBER 30,2019
bonding from the requirement to obtain approval of all Member Cities relating to certain budget
increases. This is to address concerns by the Attorney General of Texas that a potential situation could arise
where a Member City could interfere with TMPA's existing bond deposit requirement obligations ("bond
reserve equivalent") should that obligation require a 20% increase over the previous year's budget. The
amendment also allows for the sale of mine tracts only after the completion of mine reclamation. This would
permit the sale of a mine tract subject to bonding provided that the conveyance reserves easements,leases,or
other property rights are reserved to enable TMPA to complete reclamation.
On November 12,2019 the JOA was amended(Amendment No.4).This amendment modified the agreement
to make it unambiguous that in the event that all mining assets are sold, all Member Cities shall remain
responsible for the costs of closing the mining operation according to each's percentage share and that these
are included: "all obligations are discharged with respect to mine reclamation bonds, surety bonds, banking
agreements, letters of credit, and other financial commitments related to providing financial security or
assurance for TMPA's mine reclamation responsibilities." Additionally, it modified the agreement by
removing the cap on sales of the mining assets. The restriction that sales must be of fair market value remains.
Effective October 17, 2017, Gibbons Creek entered into a seasonal operations mode, operating during the
summer months only (June-September). Due to the significant decline in service utility of the generation
assets, such assets were deemed largely impaired as of September 30, 2017. On June 6, 2019, the TMPA
Board of Directors voted to permanently retire the generation facility. The City also wholly impaired its
TMPA prepaid purchase power due to the retirement. The City has recorded$31,581,238 in Other Assets in
the Electric fund to be amortized over the remaining 5.5 remaining years.
Selected financial statement information of TMPA is as follows:
September 30
(Unaudited)
2019 2018
(000s) (000s)
Operating revenues $ 53,306 $ 175,471
Operating expenses 152,062 68,769
Operating income (98,756) 106,702
Other non-operating sources (uses) 107,438 6,785
Current unrestricted assets 47,559 54,506
Total assets and deferred outflows 366,203 269,423
Long-term debt—Noncurrent 213,298 214,487
Total liabilities 381,676 255,208
Total net position (15,473) 14,215
Financial statements for TMPA are available from the TMPA website www.texasmpa.org.
Power Purchase Agreements
Following is a list of power purchase agreements in effect as of the publication date of these financial
statements as well as agreements entered into subsequent to year. The information provided is all that is
allowed under the confidentiality provision(s)of the particular agreements.
Denton Power,Landfill-Gas Combustor-In 2008,the City entered into a 16 year power purchase agreement
with Denton Power, LLC. Under the agreement, the City purchases 1.6 MW of output from a landfill gas-
fired electric generating facility located at the City's landfill.
NextEra-In 2009,the City entered into a power purchase agreement for firm energy and associated renewable
energy credits with NextEra Energy Power Marketing,LLC.
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SEPTEMBER 30,2019
Santa Rita, Wind - In 2016, the City entered into a 20 year power purchase agreement for wind energy,
capacity, and environmental attributes with Santa Rita Wind Energy, LLC.
NextEra - In 2015, the City entered into a 20 year power purchase agreement with Bluebell Solar Energy,
LLC, a subsidiary of NextEra Energy, Inc. Under the agreement, the City purchases solar energy, capacity,
and environmental attributes commencing from the commercial operation date which was November 2018.
Engie - In 2018, the City entered into a 15 year power purchase agreement with Engie Long Draw Solar,
LLC. Under the agreement, which is scheduled to end June 2035, the City will purchase 75 MW of solar
generation and environmental attributes.Projected in-service date is June 30, 2020.
NextEra-In 2018,the City entered into a 15 year power purchase agreement with Bluebell Solar 11 Energy,
LLC, a subsidiary of NextEra Energy, Inc. Under the agreement, the City will purchase 100 MW of solar
generation and environmental attributes commencing from the commercial operation date projected for
December 31,2020.
Samson Solar - In 2018, subsequent to year-end, the City of Denton entered into a 15 year power purchase
agreement with Samson Solar Energy, LLC. Under the agreement, which is scheduled to end in 2037, the
city will purchase 75 MW of solar generation and environmental attributes. Projected in-service date is
summer 2022.
Encumbrances
As discussed in note I.D.,Budgetary information,encumbrances are utilized to the extent necessary to assure
effective budgetary control and accountability and to facilitate effective cash planning and control. At year
end the amount of encumbrances in governmental funds expected to be honored upon performance by the
vendor in the next year were as follows:
General Fund $ 778,267
Capital Projects Fund 49,459,216
Nonmajor Governmental Funds 1,550,016
Total $ 51,787,499
F. Tax Abatements
The City enters into economic development incentive agreements with entities to promote development and
redevelopment within the City, stimulate commercial activity,generate additional sales tax, and enhance the
property tax base and economic vitality of the City. Some agreements provide for an abatement of property
taxes,while others provide for a rebate of a portion of sales and use tax or a portion of ad valorem(property)
tax, as established per the agreements. The incentives are performance-based, and the City generally expects
to receive increased revenue as a result of the agreements. These incentive agreements require approval by a
City Council ordinance and are authorized under Chapter 312(Property Redevelopment and Tax Abatement
Act)of the Texas Tax Code and Chapter 380 of the Texas Local Government Code.
Property Tax Abatements
Tax abatements under Chapter 312 of the Texas Tax Code allow the City to designate tax reinvestment zones
and negotiate tax abatement agreements with applicants.In 1990,the City Council adopted a resolution setting
guidelines and criteria for granting abatements in the reinvestment zones which specifically notes incentives
are limited to companies which create new wealth and do not adversely affect existing businesses operating
within the City. The City is required to renew/adopt a Tax Abatement Policy every two years in accordance
with Chapter 312 of the Texas Tax Code. The last policy was adopted in March of 2018. The abatement
agreements authorize the appraisal districts to reduce the assessed value of the taxpayer's property by a
percentage specified in the agreement,and the taxpayer will pay taxes on the lower assessed value during the
term of the agreement. For the fiscal year ended September 30, 2019,the City abated property taxes totaling
$37,603 under this program, as detailed in the following agreements:
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• Tetra Pak—In 2013,a 65%tax abatement agreement for a term of four years was granted to Tetra Pak
Materials LP on new capital investments, including a 32,000 square foot expansion of their facility
and relocating their corporate headquarter operations from Chicago to Denton.In the event of a failure
to meet the conditions of the agreement, an increased assessed value of real property of at least $5
million,the agreement provides for a full refund all abatements previously granted plus interest. The
abatement amount for the current fiscal year was $37,603, which was the final abatement under this
agreement.
The City has three additional abatement agreements not listed above becoming effective in future fiscal years
should the grantees meet the obligations of the agreements. The two agreements are for West Gate Business
Park and Tyson Sales and Distribution. Peterbilt Motors was granted a tax abatement,however,they did not
meet the threshold, and therefore the abatement was not granted.
Chapter 380 Agreements
The City Council has the authority under Chapter 380 of the Texas Local Government Code to grant or loan
City funds in order to accomplish specific economic development goals. These incentives are considered on
a case-by-case basis. The City has target industry sectors for recruitment that will be given priority
consideration: aviation/aerospace, advanced manufacturing, renewable energy, research and development,
information technology,supply chain for existing primary employers,and significant consumers of municipal
utilities. Consideration may also be given for projects causing infill redevelopment or other desirable
development objectives and/or any other activity which the City Council determines meets a specific public
purpose for economic development.
Each agreement is based on the contribution in sales or property tax or both. For the fiscal year ended
September 30, 2019, the City rebated sales taxes totaling $3,020,138 and property taxes totaling $747,395
($198,991 of which was paid out of the Westpark TIRZ No. Two), and hotel occupancy taxes totaling
$1,066,868 as detailed in the following agreements:
• Denton Crossing — In 2001, an agreement was approved for the 500,000 square foot, $50 million
Denton Crossing retail center.The grantee receives one-third of the City sales tax,or 0.5%, generated
by the project for a maximum of fifteen years as reimbursement for public improvement costs related
to the project not to exceed$7,250,000 plus accrued interest.The tax rebates initiated in 2005 and will
terminate in 2020. The tax rebate amount for the current fiscal year was $594,838.
• Unicorn Lake — hi 2004, an agreement was approved for Unicorn Lake, an urban-style mixed-use
development. The grantee receives one-third of the City sales tax, or 0.5%, generated by the project
for a maximum of fifteen years as reimbursement for public improvement costs related to the project
not to exceed$6,664,901 plus accrued interest. The tax rebates initiated in 2010 and will terminate in
2025. The tax rebate amount for the current fiscal year was $72,714.
• Rayzor Ranch—In 2007, an agreement was approved for the Rayzor Ranch mixed-use development.
The 410-acre project will have over one million square feet of retail and will be built in two phases.
The agreement provides a sales tax reimbursement of one half of the City sales tax, or 0.75%,
generated by the project for public improvement costs,which include the widening of a state highway
bisecting the project.The grantee will receive a maximum of$20 million over a 15 year term for phase
one and a maximum of$48 million over a term of 20 years for phase two. An additional 15%of the
City sales tax, or 0.225%, was added to both phases to offset the hotel and convention center costs
until $5 million is reached. As of the current fiscal year, the tax rebate amount for phase one was
$1,297,602 and the tax rebate amount for phase two was $799,680.
• Golden Triangle Mall — In 2011, an agreement was approved for a major renovation of the Golden
Triangle Mall. A threshold of a minimum$45 to $65 million was required as an investment into the
property to receive a one half share of the sales tax resulting from the renovations,less a monthly mall
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
baseline amount established at $95,898. The total grant payments may not exceed 15.83% of the
required investment. GTM Development has invested $49.5 million in the development. Tenant
investments in the property amounted to$8.8 million,for a total invest of$58.3 million.Based on this
total investment the total grant payment should not exceed $9.2 million. The tax rebates initiated in
2016 and will terminate in 2035. The tax rebate amount for the current fiscal year was $33,140. It
should be noted the rebate decreased due to the closure of Sears in September 2018 and DSW in
August of 2019.A Conn's and Fitness Connection are planned for the two anchor sites.
• Schlumberger—In 2010, an agreement was granted to Grand Mesa for the renovation and equipping
of the building for Schlumberger. The agreement was assigned to Schlumberger Technology
Corporation in 2012 equal to one half of new property tax revenue generated for their 150,000 square
foot regional maintenance facility. Agreement thresholds require maintaining $5 million in real
property improvements and business personal property valuation and the creation of 80 jobs with an
average wage of$45,000. The term of the agreement is seven years and will terminate in 2018. In the
event of a failure to meet the conditions of the agreement,the agreement provides for a full refund of
all rebates previously granted plus interest. The tax rebate amount for the current fiscal year was
$28,823.
• Mayday Manufacturing—In 2012, an agreement was approved for Mayday Manufacturing/Tailwind
Technologies for the relocation of the business and expansion of a manufacturing facility. The
agreement provides a 75% tax rebate on the increment of property tax revenue generated above the
base valuation for a period of ten years. In the event of a failure to meet the conditions of the
agreement, an increased assessed value of real property of at least$3 million, the agreement provides
for a 50% refund of all rebates previously granted. The tax rebate amount for the current fiscal year
was $31,618.
• West Gate Business Park—In 2015,an agreement was approved for West Gate Business Park(WGBP)
for industrial development and provided for a 70% rebate of increased City property tax revenue
generated for a period of ten years. WGBP includes three multi-tenant buildings totaling 413,000
square feet of new industrial/manufacturing space in the City. In 2016 the agreement was amended to
include a 70%rebate on building 1 improvements and to add a one-time grant payment in the amount
of$50,000. A separate tax abatement agreement for building 2 and 3 was also approved so WGBP
could be eligible to apply for a tax abatement from Denton County.The terms of the agreement include
a 60% abatement of City property taxes attributable to new capital investments resulting in an
increased assessed value of real property improvements. The amount of the abatement may be
increased by an additional 5% for a national headquarters and/or 10% for a supplier in support of
major employers in Denton. The tax rebate amount for the current fiscal year was$34,792.
• WinCo Foods—In 2015, an agreement was approved for WinCo Foods for a $135 million, 800,000
square foot distribution facility expected to create 165 jobs with an annual payroll of around $7.2
million. hi the event of a failure to meet the conditions of the agreement, the agreement provides for
a 20-50% refund of all rebates previously granted, depending on the timing of a failure. Winco
received reimbursement for infrastructure financing from Water and Wastewater funds and a local
sales and use tax grant for the construction and equipping of the facility in prior fiscal years,
completing those portions of the agreement. The active portion of the agreement provides for the
following:
■ A grant equal to 100% of the incremental property tax generated by the property and paid
into the Tax Increment Fund by both the City and the County, paid annually until the full
reimbursement of the project costs for public improvements is reached. The tax rebate
amount out of the Westpark TIRZ No. Two for the current fiscal year was $198,991, with
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
$145,936 being the City portion of the tax rebate and $53,055 being the County portion of
the tax rebate.
■ A grant equal to 60% of City property taxes attributable to improvements resulting in an
increase of assessed value of real property improvements and tangible personal property,
paid annually until full reimbursement of the project costs for public improvements is
reached. Once this full reimbursement is reached,the 60%property tax rebate will continue
for a period of four years as long as the increase in investment in improvements is$50 million
excluding purchase price of the property. The tax rebate amount for the current fiscal year
was $288,477.
• O'Reilly Hotel Partners Denton— In 2015, an agreement was approved for O'Reilly Hotel Partners
Denton for a convention center with a hotel and restaurant located in the Rayzor Ranch Town Center.
The agreement includes a 100% rebate of the property tax (excluding land, inventory, vehicles, and
supplies), hotel occupancy tax, and sales tax generated by the project. The term is for a maximum of
25 years or a combined principal ($28 million) and interest ($26 million) amount of$54 million is
reached, whichever comes first. The agreement also includes 100% rebate of the construction sales
tax up to $850,000, then 50% thereafter. The construction sales tax rebate portion of the agreement
was completed last fiscal year. In the event of a failure to meet the conditions of the agreement, the
agreement provides for a 100% refund of all rebates granted in the previous year. The sales tax,
property tax, and hotel occupancy tax rebate amounts for the current fiscal year were $123,122,
$164,152,and$1,066,868,respectively.
• Buc-ee's Travel Center — In 2015, an agreement was approved for Buc-ee's Travel Center. The
agreement provides a sales tax reimbursement of one half of the City sales tax, or 0.75%, generated
from businesses located within the property boundaries for a five year period.At the conclusion of the
sales tax reimbursement term, the City has agreed to a one-time cash grant payment of$2 million
minus the total sales tax previously reimbursed, only if the grantee has not received a full $2 million
in sales tax reimbursements. In addition, at the conclusion of the sales tax reimbursement term, the
agreement provides a sales tax reimbursement infrastructure grant of one half of the City sales tax,or
0.75%, generated by the Buc-ee's Travel Center and developed outparcels that contain sit-down
restaurants or retail establishments for a period of twenty years. The City has also agreed to pay the
grantee one quarter of the City sales tax, or 0.375%, generated by outparcels not included in the
previously mentioned infrastructure grant,including fast food restaurants and drive-through uses.The
tax rebate amount for the current fiscal year was $99,042.
The City has one additional Chapter 380 agreement not listed above becoming effective in future fiscal years
should the grantees meet the obligations of the agreement. The agreement is for United States Cold Storage.
Sally Beauty closed its 3900 Morse Street location,thereby terminating the related incentive agreement. The
tax rebate amount prior to termination was $542.
G. Litigation
Various claims and lawsuits are pending against the City. In accordance with GAAP, those judgments
considered"probable" are accrued, while those claims and judgments considered"reasonably possible" are
disclosed but not accrued. In the opinion of City management and legal counsel,the maximum amount of all
significant claims considered reasonably possible, excluding condemnation proceedings and the item
described following, is approximately $500,000 as of September 30, 2018. Potential losses after insurance
coverage on all probable claims and lawsuits will not have a material effect on the City's financial position
as of September 30,2019.
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NOTES TO BASIC FINANCIAL STATEMENTS (continued)
SEPTEMBER 30,2019
H. Subsequent Events
The City has evaluated all events or transactions that occurred after September 30, 2019 up through March
13, 2020, the date the financial statements were issued. There were no significant subsequent events to
disclose.
I. New Accounting Pronouncements
The Governmental Accounting Standards Board (GASB) issued the following statements which became
effective for the fiscal year 2019.
Statement No. 83 "Certain Asset Retirement Obligations"—This Statement addresses accounting and
financial reporting for certain asset retirement obligations,a legally enforceable liability associated with
the retirement of a tangible capital asset. Criteria are established for determining the timing and pattern
of recognition of a liability and a corresponding deferred outflow of resources for these obligations. See
note V.E. on TMPA for more information on the City's asset obligation to TMPA regarding asset
retirement obligations.
Statement No. 88 "Certain Disclosures Related to Debt, including Direct Borrowing and Direct
Placements" — This statement is to improve the information that is disclosed in notes to government
financial statements related to debt,including direct borrowings and direct placements.It clarifies which
liabilities should be disclosed, defines debt in regards to this pronouncement, and requires additional
essential information related to debt be disclosed, if applicable. This Statement has no financial impact.
See note W.G. for disclosure requirements.
The following statements for the GASB are effective for future fiscal years ending as listed below. The City
is in the process of reviewing and evaluating these statements and their potential impact on the City's financial
statements.
Statement No. 84 "Fiduciary Activities" — This Statement improves guidance regarding the
identification of fiduciary activities for accounting and financial reporting purposes and how those
activities should be reported. The focus is generally on whether a government is controlling the assets
of the fiduciary activity and on the beneficiaries with whom a fiduciary relationship exists. This
Statement will become effective for the City in fiscal year 2020.
Statement No. 87 "Leases"— This Statement is to improve the accounting and financial reporting for
leases by governments by requiring recognition of certain lease assets and liabilities previously classified
as operating leases. It establishes a single model for lease accounting based on the principle that leases
are financing the right to use an underlying asset.Under this Statement,a lessee is required to recognize
a lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease
receivable and a deferred inflow of resources, enhancing the relevance and consistency of information
about leasing activities. This Statement will become effective for the City in fiscal year 2021.
Statement No. 89 "Accounting for Interest Cost Incurred before the End of a Construction Period" —
This Statement establishes accounting requirements for interest cost incurred before the end of a
construction period. This Statement requires these interest costs be recognized as an expense in the
period in which the cost is incurred instead of being included in the cost of capital assets reported in a
business-type activity or enterprise fund.This Statement will become effective for the City in fiscal year
2021.
Statement No. 90 "Majority Equity Interests—an amendment of GASB Statements No. 14 and No. 61"
— This Statement defines a majority equity interest in a legally separate organization, establishes
financial consistency and comparability of reporting a government's majority equity interest, and
improve the relevance of financial statement information for certain component units. This Statement
will become effective for the City in fiscal year 2020.
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CITY
OF
DENTON
CITY OF DENTON,TEXAS Exhibit XII
REQUIRED SUPPLEMENTARY INFORMATION
TEXAS MUNICIPAL RETIREMENT SYSTEM
SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS
LAST FIVE FISCAL YEARS(PREVIOUS YEARS ARE NOT AVAILABLE)'
Measurement Measurement Measurement Measurement Measurement
Year Year Year Year Year
2014 2015 2016 2017 2018
Total pension liability:
Service Cost $ 10,667,694 $ 12,615,957 $ 13,925,238 $ 14,514,171 $ 14,990,529
Interest(on the total pension liability) 25,182,941 26,905,700 27,656,654 29,543,513 31,468,411
Difference between expected and
actual experience (171,241) (1,525,911) 763,589 1,514,980 1,255,443
Change of assumptions - (428,789) - - -
Benefit payments,including refunds of
employee contributions (11,387,617) (12,697,735) (13,023,330) (16,349,644) (18,238,039)
Net change in total pension liability 24,291,777 24,869,222 29,322,151 29,223,020 29,476,344
Total pension liability-beginning 360,116,261 384,408,038 409,277,260 438,599,411 467,822,431
Total pension liability-ending(a) $ 384,408,038 $ 409,277,260 $ 438,599,411 $ 467,822,431 $ 497,298,775
Plan fiduciary net position:
Contributions-employer $ 13,065,763 $ 13,615,410 $ 14,046,860 $ 14,821,752 $ 15,107,443
Contributions-employee 4,991,415 5,365,231 5,712,464 6,014,227 6,175,407
Net investment income 16,867,596 469,530 21,947,635 48,954,660 (12,175,765)
Benefit payments,including refunds of
employee contributions (11,387,617) (12,697,735) (13,023,330) (16,349,644) (18,238,039)
Administrative expense (176,083) (285,957) (247,766) (253,578) (235,169)
Other (14,477) (14,123) (13,349) (12,851) (12,287)
Net change in plan fiduciary net position 23,346,597 6,452,356 28,422,514 53,174,566 (9,378,410)
Plan fiduciary net position-beginning 294,819,596 318,166,193 324,618,549 353,041,063 406,215,629
Plan fiduciary net position-ending(b) $ 318,166,193 $ 324,618,549 $ 353,041,063 $ 406,215,629 $ 396,837,219
Net pension liability-ending(a)-(b) $ 66,241,845 $ 84,658,711 $ 85,558,348 $ 61,606,802 $ 100,461,556
Plan fiduciary net position as a percentage of
total pension liability 82.77% 79.32% 80.49% 86.83% 79.80%
Covered-employee payroll $ 71,025,494 $ 76,646,157 $ 81,481,789 $ 85,227,078 $ 88,179,581
Net pension liability as a percentage of
covered payroll 93.26% 110.45% 105.00% 72.29% 113.93%
'Schedule is intended to present information for ten years.Additional years of information will be presented
as they become available.
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CITY OF DENTON,TEXAS Exhibit XIII
REQUIRED SUPPLEMENTARY INFORMATION
TEXAS MUNICIPAL RETIREMENT SYSTEM
SCHEDULE OF CONTRIBUTIONS
LAST TEN FISCAL YEARS(Unaudited)
(a) (b) (c) (d)
Contributions Contributions
in Relation to Contribution as a Percentage
Actuarially the Actuarially Excess of Covered
Fiscal Determined Determined (Deficiency) Covered Payroll
Year Contributions Contributions (b)-(a) Payroll (b)/(d)
2010 11,194,086 8,849,577 (2,344,509) 59,457,345 14.88%
2011 11,580,085 9,579,358 (2,000,727) 58,139,688 16.48%
2012 11,475,702 10,435,001 (1,040,701) 60,340,212 17.29%
2013 12,174,640 12,171,482 (3,158) 64,940,234 18.74%
2014 12,912,746 12,911,461 (1,285) 69,872,024 18.48%
2015 13,507,272 13,507,272 - 75,379,632 17.92%
2016 14,435,638 14,435,638 - 83,127,601 17.37%
2017 14,648,606 14,648,606 - 84,753,377 17.28%
2018 14,931,800 14,931,800 - 86,832,074 17.20%
2019 16,055,560 16,055,560 - 94,158,313 17.05%
Notes to Schedule:
Actuarial determined contribution rates are calculated as of December 31st and become effective in January,13 months
later.Contributions above do not include contributions into the supplemental death benefit fund.
Methods and assumptions used to determine contribution rate for 2019:
Actuarial Cost Method Entry Age Normal
Amortization Method Level Percentage of Payroll,Closed
Remaining Amortization Period 27 Years(Equivalent Single Amortization Period of 16.4 years)
Asset Valuation Method 10 Year Smoothed Market; 15%Soft Corridor
Inflation 2.50%
Salary Increases 3.50%to 10.50%including inflation
Investment Rate of Return 6.75%
Retirement Age Experience-based table of rates that are specific to the City's plan of benefits.
Last updated for the 2015 valuation pursuant to an experience study of the
period 2010-2014.
Mortality RP2000 Combined Mortality Table with Blue Collar Adjustment with male rates
multiplied by 109%and female rates multiplied by 103%and projected on a fully
generational basis with scale BB.
Other There were not benefit changes during the year
132
88
CITY OF DENTON,TEXAS Exhibit XIV
REQUIRED SUPPLEMENTARY INFORMATION
DENTON FIREMEN'S RELIEF AND RETIREMENT FUND
SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS
LAST FIVE FISCAL YEARS(PREVIOUS YEARS ARE NOT AVAILABLE)'
Measurement Measurement Measurement Measurement Measurement
Year Year Year Year Year
2014 2015 2016 2017 2018
Total pension liability:
Service Cost $ 2,747,253 $ 2,836,263 $ 3,089,911 $ 3,182,608 $ 3,615,495
Interest(on the total pension liability) 5,685,396 5,998,959 6,135,588 6,493,255 7,049,261
Difference between expected
and actual experience - (2,063,421) - 2,040,716 -
Change of assumptions - 2,331,908 - - -
Benefit payments,including refunds of
employee contributions (4,036,009) (4,048,358) (4,270,006) (3,768,829) (4,055,856)
Net change in total pension liability 4,396,640 5,055,351 4,955,493 7,947,750 6,608,900
Total pension liability-beginning 80,490,694 84,887,334 89,942,685 94,898,178 102,845,928
Total pension liability-ending(a) $ 84,887,334 $ 89,942,685 $ 94,898,178 $ 102,845,928 $ 109,454,828
Plan fiduciary net position:
Contributions-employer $ 2,566,875 $ 2,567,219 $ 2,759,844 $ 2,979,807 $ 3,434,007
Contributions-employee 1,745,419 1,803,064 1,997,155 2,142,990 2,338,837
Net investment income 4,411,066 (3,287,188) 6,935,215 8,793,234 (183,148)
Benefit payments,including refunds of
employee contributions (4,036,009) (4,048,358) (4,270,006) (3,768,829) (4,055,856)
Administrative expense (81,005) (76,538) (94,175) (63,669) (87,899)
Net change in plan fiduciary net position 4,606,346 (3,041,801) 7,328,033 10,083,533 1,445,941
Plan fiduciary net position-beginning 66,412,172 71,018,518 67,976,717 75,304,750 85,388,283
Plan fiduciary net position-ending(b) $ 71,018,518 $ 67,976,717 $ 75,304,750 $ 85,388,283 $ 86,834,224
Net pension liability-ending(a)-(b) $ 13,868,816 $ 21,965,968 $ 19,593,428 $ 17,457,645 $ 22,620,604
Plan fiduciary net position as a percentage of
total pension liability 83.66% 75.58% 79.35% 83.03% 79.33%
Covered payroll $ 14,238,486 $ 14,310,032 $ 15,850,437 $ 17,007,857 $ 18,562,198
Net pension liability as a percentage of
covered payroll 97.40% 153.50% 123.61% 102.64% 121.86%
'Schedule is intended to present information for ten years.Additional years of information will be presented
as they become available.
133
89
CITY OF DENTON,TEXAS Exhibit XV
REQUIRED SUPPLEMENTARY INFORMATION
FIREMEN'S RELIEF AND RETIREMENT FUND
SCHEDULE OF CONTRIBUTIONS
LAST TEN FISCAL YEARS(Unaudited)
(a) (b) (c) (d)
Contributions Contributions
in Relation to Contribution as a Percentage
Annual the Annual Excess of Covered
Fiscal Required Required (Deficiency) Covered Payroll
Year Contributions Contributions (b)-(a) Payroll (b)/(d)
2010 1,976,419 1,976,419 - 13,070,041 15.12%
2011 2,141,662 2,141,662 - 12,828,446 16.69%
2012 2,253,667 2,253,667 - 12,899,800 17.47%
2013 2,579,453 2,579,453 - 13,629,825 18.93%
2014 2,576,652 2,576,652 - 13,828,070 18.63%
2015 2,535,719 2,535,719 - 14,029,051 18.07%
2016 2,819,046 2,819,046 - 15,540,826 18.14%
2017 2,924,757 2,924,757 - 16,747,217 17.46%
2018 3,310,248 3,310,248 - 18,080,014 18.31%
2019 3,610,711 3,610,711 - 19,517,358 18.50%
Notes to Schedule:
Annual required contributions are not actuarially determined.According to a City ordinance,since December 2017 the City
contributes to the Firemen's Relief and Retirement Fund at the rate of 18.5%,the assumed actuarial valuation rate over the
unfunded liability amortization period.
While the contribution requirements are not actuarially determined,state law requires an actuary certify the assumed City
contribution rate is adequate.Methods and assumptions used to contribution adequacy in the December 31,2017 actuarial
valuation(rolled forward for fiscal year 2019):
Actuarial Cost Method Entry Age
Amortization Method Level Percentage of Payroll,Open
Remaining Amortization Period 15 Years
Asset Valuation Method 5-year smoothing
Inflation 2.50%
Salary Increases 3.00%annual general compensation increase plus promotion,step,and longevity
increases which average 1.98%per year over a 30-year career
Investment Rate of Return 6.75%,net of pension plan investment expense,including inflation
Retirement Age Average expected age at retirement of 57
Mortality RP-2000 Combined Healthy Mortality Tables projected to 2024 for males and for
females(sex distinct)
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90
CITY OF DENTON,TEXAS Exhibit XVI
REQUIRED SUPPLEMENTARY INFORMATION
MEDICAL OTHER POST-EMPLOYMENT BENEFITS
SCHEDULE OF CHANGES IN TOTAL OPEB LIABILITY AND RELATED RATIOS
LAST TWO FISCAL YEARS(PREVIOUS YEARS ARE NOT AVAILABLE)'
Measurement Measurement
Year Year
2017 2018
Total OPEB liability:
Service Cost $ 1,750,172 $ 1,995,008
Interest(on the total OPEB liability) 1,360,179 1,329,949
Difference between expected and
actual experience - (150,485)
Change of assumptions or other inputs 2,067,787 (1,724,923)
Benefit payments (742,818) (899,361)
Net change in total OPEB liability 4,435,320 550,188
Total OPEB liability-beginning 35,196,570 39,631,890
Total OPEB liability-ending $ 39,631,890 $ 40,182,078
Covered-employee payroll $ 104,783,403 $ 109,480,718
Net pension liability as a percentage of
covered-employee payroll 37.82% 36.70%
'Schedule is intended to present information for ten years.Additional years of information will be presented
as they become available.
Methods and assumptions used to determine contribution rate for 2019:
Actuarial cost method Individual Entry-Age Normal
Discount rate 3.71%(Based on the Fidelity Index's"20-Year Municipal GO AA Index"
rates as of December 31,2018.)The prior year discount rate was 3.31%.
Inflation rate 2.50%
Projected salary increases 3.5%to 10.5%for TMRS and 3.00%to 9.18%for Fire,including inflation
Demographic assumptions Based on the experience study covering the four-year period ending
December 31,2014 as conducted for the Texas Municipal Retirement
System(TMRS)and the assumptions used in the December 31,2017
actuarial valuation for the Denton Firemen's Relief and Retirement Fund.
Healthcare trend rates Initial rate of 7.50%declining to an ultimate rate of 4.25%after 15 years.
Mortality TMRS: For healthy retirees,the gender-district RP-2000 Combined Healthy
Mortality Tables with Blue Collar Adjustment are used with male rates
multiplied by 109%and female rates multiplied by 103%. The rates are
projected on a fully generational basis by scale BB to account for future
mortality improvements.
Firefighters: The gender-district RP-2000 Combined Healthy Mortality
Tables projected to 2014 with scale AA. No additional provision is made for
future improvements in mortality after the measurement date other than the
margins described above.
Participation rates 60%for retirees age 65 or older at retirement
45%for retirees between the ages of 50 and 64 at retirement
0%for retirees under age 50 at retirement
135
91
CITY OF DENTON,TEXAS Exhibit XVII
REQUIRED SUPPLEMENTARY INFORMATION
TEXAS MUNICIPAL RETIREMENT SYSTEM-SUPPLEMENTAL DEATH BENEFIT FUND
SCHEDULE OF CHANGES IN TOTAL OPEB LIABILITY AND RELATED RATIOS
LAST TWO FISCAL YEARS(PREVIOUS YEARS ARE NOT AVAILABLE)'
Measurement Measurement
Year Year
2017 2018
Total OPEB liability:
Service Cost $ 144,886 $ 176,359
Interest(on the total OPEB liability) 106,885 110,831
Difference between expected and
actual experience - 155,143
Change of assumptions or other inputs 270,541 (247,941)
Benefit payments (17,045) (17,636)
Net change in total OPEB liability 505,267 176,756
Total OPEB liability-beginning 2,763,726 3,268,993
Total OPEB liability-ending $ 3,268,993 $ 3,445,749
Covered-employee payroll $ 85,227,078 $ 88,179,581
Net pension liability as a percentage of
covered-employee payroll 3.84% 3.91%
'Schedule is intended to present information for ten years.Additional years of information will be presented
as they become available.
Methods and assumptions used to determine contribution rate for 2019:
Inflation rate 2.50%per annum
Discount rate 3.71%(Based on the Fidelity Index's"20-Year Municipal GO AA Index"rates
as of December 31,2018.)The prior year discount rate was 3.31%.
Actuarial cost method Entry Age Normal
Projected salary increases 3.5%to 10.5%including inflation
Retirees'share of benefit-related costs $0
Administrative expenses All administrative expenses are paid through the Pension Trust and accounted
for under reporting requirements under GASB No.68.
Mortality rates-service retirees RP2000 Combined Mortality Table with Blue Collar Adjustment with male
rates multiplied by 109%and female rates multiplied by 103%and projected
on a fully generational basis with scale BB.
Mortality rates-disabled retirees RP2000 Combined Mortality Table with Blue Collar Adjustment with male
rates multiplied by 109%and female rates multiplied by 103%with a 3 year
set-forward for both males and females. The rates are projected on a fully
generational basis with scale BB to account for future mortality improvements
subject to the 3%floor.
136
92
CITY OF DENTON,TEXAS Exhibit XVIII
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET TO ACTUAL
DEBT SERVICE FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Taxes $ 24,293,126 $ 24,293,126 $ 24,316,086 $ - $ 24,316,086 $ 22,960
Investment revenue 50,000 200,000 525,796 - 525,796 325,796
Total revenues 24,343,126 24,493,126 24,841,882 - 24,841,882 348,756
EXPENDITURES:
Debt service:
Principal,interest and fiscal charges 90,278,691 90,278,691 25,047,435 65,172,382 90,219,817 58,874
Total expenditures 90,278,691 90,278,691 25,047,435 65,172,382 90,219,817 58,874
Excess(deficiency)of revenues
over(under)expenditures (65,935,565) (65,785,565) (205,553) (65,172,382) (65,377,935) 407,630
OTHER FINANCING SOURCES(USES):
Transfers in 65,283,240 65,283,240 129,250 65,172,382 65,301,632 18,392
Total other financing sources(uses) 65,283,240 65,283,240 129,250 65,172,382 65,301,632 18,392
Net change in fund balance (652,325) (502,325) (76,303) - (76,303) 426,022
Fund balance at beginning of year 5,529,483 5,529,483 5,529,483 - 5,529,483 -
Fund balance at end of year $ 4,877,158 $ 5,027,158 $ 5,453,180 $ - $ 5,453,180 $ 426,022
Adjustments-Budgetary Basis are pass-through debt service payments
budgeted as transfers in from enterprise and internal service funds.
Other Financing Sources(Uses)related to refunding are adjusted out as
they are non-budgeted items reducing future debt service payments.
137
93
CITY
OF
DENTON
NONMAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for specific revenues that are legally restricted to expenditures for particular
purposes.
Community Development Block Grant (CDBG) — to account for the operations of projects utilizing Community
Development Block Grant Funds. Such revenues are restricted to expenditures for specified projects by the
Department of Housing and Urban Development.
Recreation —to account for the revenues and expenditures for the recreation programs that are self-supporting. All
expenditures will be reimbursed 100%. Various business operations, such as concessions, fall into this account.
Criminal Justice — to account for revenue received from the State of Texas Criminal Justice Division and other
grants administered by the police department.
Police Confiscation — to account for revenues received from confiscated goods. Expenditures are restricted to
enhancing law enforcement.
Tourist and Convention — to account for taxes received from hotel and motel occupancy for the purpose of
promoting tourism.
Street Improvement—to account for street maintenance and improvement activities.
Gas Well Revenues —to account for the receipt of royalty,pooling,tax, and lease revenue related to park gas wells.
Citizens' Park Trusts—to account for several small trust funds that are for park development.
All Other—to account for miscellaneous special revenue sources that are required to finance specific activities.
139
95
CITY OF DENTON,TEXAS Exhibit XIX
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
AS OF SEPTEMBER 30,2019
Special Revenue Funds
Community Tourist
Development Criminal Police and
Block Grant Recreation Justice Confiscation Convention
ASSETS
Cash,cash equivalents and investments,
at fair value $ - $ 559,528 $ - $ 394,762 $ 2,006,686
Receivables(net of allowances):
Taxes - - - - 247,298
Accrued interest - 2,262 - 1,600 8,132
Other - 14,746 - - -
Due from other governments 421,307 - 62,357 - -
Total assets $ 421,307 $ 576,536 $ 62,357 $ 396,362 $ 2,262,116
LIABILITIES AND FUND BALANCES
LIABILITIES:
Accounts payable 70,951 192,145 11,661 - 229,503
Interfund payables 160,525 - 50,696 - -
Retainage payable - - - - -
Unearned revenues - - - - -
Total liabilities 231,476 192,145 62,357 - 229,503
DEFERRED INFLOWS OF RESOURCES:
Unavailable revenue-intergovernmental - 11,636 1,127 - -
Total deferred inflows of revenues - 11,636 1,127 - -
FUND BALANCES(DEFICIT):
Restricted for:
Parks and recreation - - - - -
Streets and drainage projects - - - - -
Other grants and purposes 189,831 - - 396,362 2,032,613
Committed to:
Streets - - - - -
Parks and recreation - 372,755 - - -
Other purposes - - - - -
Assigned to:
Other purposes - - - - -
Unassigned - - (1,127) - -
Total fund balance(deficit) 189,831 372,755 (1,127) 396,362 2,032,613
Total liabilities,deferred inflows of
resources,and fund balances(deficit) $ 421,307 S 576,536 $ 62,357 $ 396,362 $ 2,262,116
(continued on the following page)
140
96
CITY OF DENTON,TEXAS Exhibit XIX
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS(concluded)
AS OF SEPTEMBER 30,2019
Special Revenue Funds Total
Citizens' Nonmajor
Street Gas Well Park All Governmental
Improvement Revenues Trusts Other Funds
ASSETS
Cash,cash equivalents and investments,
at fair value $ 3,626,244 $ 135,827 $ 6,789,498 $ 11,365,581 $ 24,878,126
Receivables(net of allowances): -
Taxes - - - 64,875 312,173
Accrued interest 14,696 550 27,516 46,064 100,820
Other - 11,993 - - 26,739
Due from other governments - - - 924,072 1,407,736
Total assets $ 3,640,940 $ 148,370 $ 6,817,014 $ 12,400,592 $ 26,725,594
LIABILITIES AND FUND BALANCES
LIABILITIES:
Accounts payable 199,208 - 16,157 561,221 1,280,846
Interfund payables - - - - 211,221
Retainage payable - - 19,304 - 19,304
Unearned revenues - - - 25,871 25,871
Total liabilities 199,208 - 35,461 587,092 1,537,242
DEFERRED INFLOWS OF RESOURCES:
Unavailable revenue-intergovernmental - - - 748,900 761,663
Total deferred inflows of revenues - - - 748,900 761,663
FUND BALANCES(DEFICIT):
Restricted for:
Parks and recreation - 148,370 6,781,553 124,572 7,054,495
Streets and drainage projects - - - 3,389,244 3,389,244
Other grants and purposes - - - 4,552,336 7,171,142
Committed to:
Streets 3,441,732 - - - 3,441,732
Parks and recreation - - - - 372,755
Other purposes - - - 3,779,944 3,779,944
Assigned to:
Other purposes - - - 61 61
Unassigned - - - (781,557) (782,684)
Total fund balance(deficit) 3,441,732 148,370 6,781,553 11,064,600 24,426,689
Total liabilities,deferred inflows of
resources,and fund balances(deficit) $ 3,640,940 $ 148,370 $ 6,817,014 $ 12,400,592 $ 26,725,594
(concluded)
141
97
CITY OF DENTON,TEXAS Exhibit XX
COMBINING STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Special Revenue Funds
Community Tourist
Development Criminal Police and
Block Grant Recreation Justice Confiscation Convention
REVENUES:
Tax revenue $ - $ - $ - $ - $ 3,039,747
Franchise fees - - - - -
Fines and forfeitures - - - 116,861 -
Fees for services - 2,174,204 - - -
Investment revenue - 17,982 - 7,082 67,454
Intergovernmental 1,165,591 - 367,273 - -
Miscellaneous 218,519 40,672 - 5,252 -
Total revenues 1,384,110 2,232,858 367,273 129,195 3,107,201
EXPENDITURES:
Current:
General government 1,211,951 - - - 3,460,906
Public safety - - 320,074 51,966 -
Public works - - - - -
Parks and recreation - 5,273,247 - - -
Capital outlay - - - - -
Total expenditures 1,211,951 5,273,247 320,074 51,966 3,460,906
Excess(deficiency)of revenues over(under)
expenditures 172,159 (3,040,389) 47,199 77,229 (353,705)
OTHER FINANCING SOURCES(USES):
Transfers in - 3,076,517 5,046 - -
Transfers out - (24,380) - - (63,477)
Total other financing sources(uses) - 3,052,137 5,046 - (63,477)
Net change in fund balances 172,159 11,748 52,245 77,229 (417,182)
Fund balance(deficit)at beginning of year 17,672 361,007 (53,372) 319,133 2,449,795
Fund balance(deficit)at end of year $ 189,831 $ 372,755 $ (1,127) $ 396,362 $ 2,032,613
(continued on the following page)
142
98
CITY OF DENTON,TEXAS Exhibit XX
COMBINING STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS(concluded)
FOR THE YEAR ENDED SEPTEMBER 30,2019
Special Revenue Funds Total
Citizens' Nonmajor
Street Gas Well Park All Governmental
Improvement Revenues Trusts Other Funds
REVENUES:
Tax revenue $ - $ - $ - S 932,119 $ 3,971,866
Franchise fees 12,717,231 - - - 12,717,231
Fines and forfeitures - - - 1,378,645 1,495,506
Fees for services 192,014 101,617 1,893,019 241,707 4,602,561
Investment revenue 50,522 - 171,958 198,190 513,188
Intergovernmental - - - 1,464,832 2,997,696
Miscellaneous - - - 3,074,863 3,339,306
Total revenues 12,959,767 101,617 2,064,977 7,290,356 29,637,354
EXPENDITURES:
Current:
General government - - - 852,771 5,525,628
Public safety - - - 2,564,493 2,936,533
Public works 11,204,859 - - 236,000 11,440,859
Parks and recreation - - 20,885 103,026 5,397,158
Capital outlay - - 643,662 295,423 939,085
Total expenditures 11,204,859 - 664,547 4,051,713 26,239,263
Excess(deficiency)of revenues over(under)
expenditures 1,754,908 101,617 1,400,430 3,238,643 3,398,091
OTHER FINANCING SOURCES(USES):
Transfers in 1,034,581 - - 334,705 4,450,849
Transfers out (971,184) (50,000) - (2,994,737) (4,103,778)
Total other financing sources(uses) 63,397 (50,000) - (2,660,032) 347,071
Net change in fund balances 1,818,305 51,617 1,400,430 578,611 3,745,162
Fund balance(deficit)at beginning of year 1,623,427 96,753 5,381,123 10,485,989 20,681,527
Fund balance(deficit)at end of year $ 3,441,732 $ 148,370 $ 6,781,553 $ 11,064,600 $ 24,426,689
(concluded)
143
99
CITY OF DENTON,TEXAS Exhibit XXI
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET TO ACTUAL
SPECIAL REVENUE FUNDS: RECREATION FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Fees for services $ 2,144,708 $ 2,144,708 $ 2,174,204 $ - $ 2,174,204 $ 29,496
Investment revenue 6,500 6,500 17,982 - 17,982 11,482
Miscellaneous 46,000 46,000 40,672 - 40,672 (5,328)
Total revenues 2,197,208 2,197,208 2,232,858 - 2,232,858 35,650
EXPENDITURES:
Current:
Parks and recreation 4,861,801 4,837,421 5,273,247 (637,441) 4,635,806 201,615
Total expenditures 4,861,801 4,837,421 5,273,247 (637,441) 4,635,806 201,615
Excess of revenues
over expenditures (2,664,593) (2,640,213) (3,040,389) 637,441 (2,402,948) 237,265
OTHER FINANCING USES:
SOURCES(USES):
Transfers in 3,076,517 3,076,517 3,076,517 - 3,076,517 -
Transfers out (608,391) (632,771) (24,380) (637,441) (661,821) (29,050)
Total other financing uses 2,468,126 2,443,746 3,052,137 (637,441) 2,414,696 (29,050)
Net change in fund balance (196,467) (196,467) 11,748 - 11,748 208,215
Fund balance at beginning of year 361,007 361,007 361,007 - 361,007 -
Fund balance at end of year $ 164,540 $ 164,540 $ 372,755 $ - $ 372,755 $ 208,215
Adjustments-Budgetary Basis are expenditures allocated from and reimbursed to other funds. These
expenditures are recorded as operating expenditures but budgeted as cost of service transfers.
144
100
CITY OF DENTON,TEXAS Exhibit XXII
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET TO ACTUAL
SPECIAL REVENUE FUNDS: POLICE CONFISCATION FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Fines and forfeitures $ 200,000 $ 200,000 $ 116,861 $ - $ 116,861 $ (83,139)
Investment revenue 3,500 3,500 7,082 - 7,082 3,582
Miscellaneous 50,000 50,000 5,252 - 5,252 (44,748)
Total revenues 253,500 253,500 129,195 - 129,195 (124,305)
EXPENDITURES:
Current:
Public safety 255,000 255,000 51,966 - 51,966 203,034
Capital outlay 135,000 135,000 - - - 135,000
Total expenditures 390,000 390,000 51,966 - 51,966 338,034
Net change in fund balance (136,500) (136,500) 77,229 - 77,229 213,729
Fund balance at beginning of year 319,133 319,133 319,133 - 319,133 -
Fund balance at end of year $ 182,633 $ 182,633 $ 396,362 $ - $ 396,362 $ 213,729
145
101
CITY OF DENTON,TEXAS Exhibit XXIII
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET TO ACTUAL
SPECIAL REVENUE FUNDS: TOURIST AND CONVENTION FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Taxes $ 3,207,406 $ 3,207,406 $ 3,039,747 $ - $ 3,039,747 $ (167,659)
Investment revenue - - 67,454 - 67,454 67,454
Total revenues 3,207,406 3,207,406 3,107,201 - 3,107,201 (100,205)
EXPENDITURES:
Current:
General government 3,249,863 3,619,572 3,460,906 - 3,460,906 158,666
Total expenditures 3,249,863 3,619,572 3,460,906 - 3,460,906 158,666
Excess(deficit)of revenues
over(under)expenditures (42,457) (412,166) (353,705) - (353,705) 58,461
OTHER FINANCING
SOURCES:
Transfers out - - (63,477) - (63,477) (63,477)
Total other financing sources - - (63,477) - (63,477) (63,477)
Net change in fund balance (42,457) (412,166) (417,182) - (417,182) (5,016)
Fund balance at beginning of year 2,449,795 2,449,795 2,449,795 - 2,449,795 -
Fund balance at end of year $ 2,407,338 $ 2,037,629 $ 2,032,613 $ - $ 2,032,613 $ (5,016)
146
102
CITY OF DENTON,TEXAS Exhibit XXIV
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET TO ACTUAL
SPECIAL REVENUE FUNDS: STREET IMPROVEMENT FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Franchise fees $ 13,519,911 $ 13,519,911 $ 12,717,231 $ - $ 12,717,231 $ (802,680)
Fees for services 364,140 364,140 192,014 - 192,014 (172,126)
Investment revenue 10,000 10,000 50,522 - 50,522 40,522
Total revenues 13,894,051 13,894,051 12,959,767 - 12,959,767 (934,284)
EXPENDITURES:
Current:
Public Works 14,526,722 13,607,208 11,204,859 (121,569) 11,083,290 2,523,918
Debt service:
Principal retirement 59,165 59,165 - - - 59,165
Total expenditures 14,585,887 13,666,373 11,204,859 (121,569) 11,083,290 2,583,083
Excess(deficit)of revenues
over(under)expenditures (691,836) 227,678 1,754,908 121,569 1,876,477 1,648,799
OTHER FINANCING
SOURCES(USES):
Transfers in 1,196,404 1,196,404 1,034,581 - 1,034,581 (161,823)
Transfers out (482,118) (1,401,632) (971,184) (121,569) (1,092,753) 308,879
Total other financing sources(uses) 714,286 (205,228) 63,397 (121,569) (58,172) 147,056
Net change in fund balance 22,450 22,450 1,818,305 - 1,818,305 1,795,855
Fund balance at beginning of year 1,623,427 1,623,427 1,623,427 - 1,623,427 -
Fund balance at end of year $ 1,645,877 $ 1,645,877 $ 3,441,732 $ - $ 3,441,732 $ 1,795,855
Adjustments-Budgetary Basis are expenditures allocated from and reimbursed to other funds. These
expenditures are recorded as operating expenditures but budgeted as cost of service transfers.
147
103
CITY OF DENTON,TEXAS Exhibit XXV
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET TO ACTUAL
SPECIAL REVENUE FUNDS: GAS WELL REVENUES FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Fees for service $ 29,200 $ 29,200 $ 101,617 $ - $ 101,617 $ 72,417
Investment revenue 800 800 - - - (800)
Total revenues 30,000 30,000 101,617 - 101,617 71,617
Excess of revenues
over expenditures 30,000 30,000 101,617 - 101,617 71,617
OTHER FINANCING
USES:
Transfers out (50,000) (50,000) (50,000) - (50,000) -
Total other financing uses (50,000) (50,000) (50,000) - (50,000) -
Net change in fund balance (20,000) (20,000) 51,617 - 51,617 71,617
Fund balance at beginning of year 96,753 96,753 96,753 - 96,753 -
Fund balance at end of year $ 76,753 $ 76,753 $ 148,370 $ - $ 148,370 $ 71,617
148
104
CITY OF DENTON,TEXAS Exhibit XXVI
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET TO ACTUAL
SPECIAL REVENUE FUNDS: CITIZENS'PARK TRUSTS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Adjustments- Actual on a Final Budget-
Budgeted Amounts Actual Budgetary Budgetary Positive
Original Final Amounts Basis Basis (Negative)
REVENUES:
Fees for service $ 215,000 $ 215,000 $ 1,893,019 $ - $ 1,893,019 $ 1,678,019
Investment revenue 45,000 45,000 171,958 - 171,958 126,958
Total revenues 260,000 260,000 2,064,977 - 2,064,977 1,804,977
EXPENDITURES:
Current:
Parks and recreation - - 20,885 - 20,885 (20,885)
Capital outlay - - 643,662 - 643,662 (643,662)
Total expenditures - - 664,547 - 664,547 (664,547)
Deficit of revenues
under expenditures 260,000 260,000 1,400,430 - 1,400,430 1,140,430
OTHER FINANCING
USES:
Transfers out (2,000,000) (2,000,000) - - - 2,000,000
Total other financing uses (2,000,000) (2,000,000) - - - 2,000,000
Net change in fund balance (1,740,000) (1,740,000) 1,400,430 - 1,400,430 3,140,430
Fund balance at beginning of year 5,381,123 5,381,123 5,381,123 - 5,381,123 -
Fund balance at end of year $ 3,641,123 $ 3,641,123 $ 6,781,553 $ - $ 6,781,553 $ 3,140,430
149
105
CITY
OF
DENTON
INTERNAL SERVICE FUNDS
Internal Service Funds account for the financing of goods or services provided by one department for another.
The City has the following Internal Service Funds:
Materials Management Fund — to account for the financing of goods and services provided by the Materials
Management operations of purchasing and warehouse to other City departments. Purchasing is responsible for
procuring goods and services for City departments, and the warehouse maintains an inventory of materials and
supplies used by City departments. Warehouse items are billed to other departments.
Fleet Services Fund — to account for the financing of goods and services provided by the Municipal Garage and
Machine Shop to other City departments. Municipal Garage and Machine Shop billings include cost of parts plus 25
percent and labor charges. Actual costs include depreciation on the building, improvements, machinery, and
equipment used to provide the service.
Health Insurance Fund—to account for the accumulation of resources for the self-insurance activities of the City for
employee medical insurance as well as other employee insurance benefits including long-term disability, short-term
disability, dental insurance,and vision insurance.
Risk Retention Fund — to account for the accumulation of resources for the payment of activities associated with
providing general liability insurance coverage and self-funded activities for City operations.
Technology Services Fund — to account for the accumulation of resources to provide computer services such as
programming, support,training,maintenance, and office services to City departments.
Engineering Services Fund — to account for providing engineering, real estate, public works inspection, and
development review services primarily to internal City departments although some services are provided to external
entities.
Customer Service Fund — to account for providing customer service activities to residents and businesses for City
departments. Services include bill pay, utility service requests, connect/disconnect services, maintenance of customer
accounts,utility billing, operator calls,collections, accounts receivable, and cash handling.
151
107
Exhibit XXVII
COMBINING STATEMENT OF NET POSITION
INTERNAL SERVICE FUNDS
AS OF SEPTEMBER 30,2019
Materials Fleet Health Risk
Management Services Insurance Retention
Fund Fund Fund Fund
ASSETS:
Current assets:
Cash,cash equivalents and investments,
at fair value $ 344,079 $ 2,225,445 $ 4,0429240 $ 390309596
Receivables,net of allowances:
Accrued interest - 99019 169382 129282
Other - 1149092 - -
Merchandise inventory 8,173,718 1009178 -
Prepaid items 10,522 - 1569533
Total current assets 8,528,319 294489734 492159155 3,042,878
Noncurrent assets:
Restricted assets:
Cash,cash equivalents and investments,
at fair value - - -
Accrued interest - - -
Escrow deposit - - 2019000 -
Capital assets,net of accumulated depreciation 734,271 4,522,727 - -
Total noncurrent assets 734,271 4,522,727 201,000 -
Total assets 9,262,590 6,971,461 4,416,155 3,042,878
DEFERRED OUTFLOWS OF RESOURCES:
Deferred charges on refunding 8,231 29699 - -
Deferred pension balances 733,411 801,015 - 469,636
Deferred other post employment benefits balances 389469 419442 - 19,825
Total deferred outflows of resources 780,111 845,156 - 489,461
LIABILITIES:
Current liabilities:
Accounts payable 318,504 1,222,696 120,702 137,245
Claims payable - - 1,838,331 447,500
Compensated absences payable 58,318 119,763 - 75,361
Accrued interest 937 1,001 - -
Interfund payables 7,300,000 - - -
Payable from restricted assets:
Accounts payable - - - -
Retainage payable - 8,451 -
Certificate and general obligation bonds 459169 57,570 - -
Total current liabilities 797229928 1,409,481 1,959,033 660,106
Noncurrent liabilities:
Payable from restricted assets:
General obligation bonds payable 140,493 46,063 - -
Certificates of obligation - 82,880 - -
Compensated absences payable 1,278 43,268 - 29,765
Claims payable - - - 2,308,460
Net pension liability 193109675 1,529,165 - 845,585
Total other post-employment benefits liability 651,658 686,036 - 329,614
Total noncurrent liabilities: 2,104,104 2,387,412 - 3,513,424
Total liabilities 9,827,032 3,796,893 1,959,033 4,173,530
DEFERRED INFLOWS OF RESOURCES:
Deferred pension balances 179,635 203,694 - 106,817
Deferred other post employment benefits balances 26,458 329268 - 13,108
Total deferred inflows of resources 206,093 235,962 - 119,925
NET POSITION:
Net investment in capital assets 556,840 493389913 - -
Restricted for capital acquisition - - - -
Unrestricted (547,264) (5559151) 294579122 (7619116)
Total net position $ 9,576 $ 3,783,762 $ 2,457,122 $ (761,116)
continued on the oilowing page
152
108
CITY OF DENTON,TEXAS Exhibit XXVII
COMBINING STATEMENT OF NET POSITION(concluded)
INTERNAL SERVICE FUNDS
AS OF SEPTEMBER 30,2019
Total
Technology Engineering Customer Internal
Services Services Service Service
Fund Fund Fund Funds
ASSETS:
Current assets:
Cash,cash equivalents and investments,
at fair value $ 6,763,146 $ 2,067,755 $ 149,193 $ 18,6229454
Receivables,net of allowances:
Accrued interest 27,409 8,380 605 749077
Other 2,206 - - 1169298
Merchandise inventory - 892739896
Prepaid items 89,218 - - 2569273
Total current assets 6,881,979 2,0765135 149,798 2793429998
Noncurrent assets:
Restricted assets:
Cash,cash equivalents and investments,
at fair value 1,703,233 - 197039233
Accrued interest 6,903 - 69903
Escrow deposit - - - 2019000
Capital assets,net of accumulated depreciation 9,733,030 759979 62,476 15,128,483
Total noncurrent assets 11,443,166 759979 62,476 17,039,619
Total assets 18,325,145 291529114 212,274 44,382,617
DEFERRED OUTFLOWS OF RESOURCES:
Deferred charges on refunding - - - 10,930
Deferred pension balances 29358,301 197309784 1,120,662 7,213,809
Deferred other post employment benefits balances 94,143 66,890 103,848 364,617
Total deferred outflows of resources 29452,444 1,797,674 1,224,510 7,589,356
LIABILITIES:
Current liabilities:
Accounts payable 191089383 1,360,814 1489140 4,416,484
Claims payable - - - 2,285,831
Compensated absences payable 3349975 244,844 929163 925,424
Accrued interest 59991 - - 7,929
Interfund payables - 7,300,000
Payable from restricted assets:
Accounts payable 4,206 49206
Retainage payable - - 89451
Certificate and general obligation bonds 3109530 - - 4139269
Total current liabilities 197649085 196059658 240,303 1593619594
Noncurrent liabilities:
Payable from restricted assets:
General obligation bonds payable - - - 186,556
Certificates of obligation 19287,197 - - 1,370,077
Compensated absences payable 269577 109266 13,985 125,139
Claims payable - - - 2,308,460
Net pension liability 490799150 390489300 2,293,565 13,1069440
Total other post-employment benefits liability 1,527,045 190259394 1,035,146 5,254,893
Total noncurrent liabilities: 6,919,969 490839960 3,342,696 22,351,565
Total liabilities 8,684,054 596899618 3,582,999 77,713,159
DEFERRED INFLOWS OF RESOURCES:
Deferred pension balances 6069097 4549725 383,770 1,934,738
Deferred other post employment benefits balances 66,713 60,727 459717 2449991
Total deferred inflows of resources 6729810 5159452 429,487 2,179,729
NET POSITION:
Net investment in capital assets 8,135,303 75,979 629476 1391699511
Restricted for capital acquisition 1,710,136 - - 197109136
Unrestricted 1,575,286 (2,331,261) (296389178) (298009562)
Total net position $ 1L420,725 $ (2,255,282) $ (2,575,702) $ 12,079,085
(concluded)
153
109
CITY OF DENTON,TEXAS Exhibit XXVIII
COMBINING STATEMENT OF REVENUES,EXPENSES AND
CHANGES IN FUND NET POSITION
INTERNAL SERVICE FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Materials Fleet Health Risk
Management Services Insurance Retention
Fund Fund Fund Fund
OPERATING REVENUES:
Charges for goods and services $ 8,826,292 $ 11,051,373 $ 26,095,341 $ 3,515,867
Miscellaneous 113,011 3,383 888,501 107,617
Total operating revenues 8,939,303 11,054,756 26,983,842 3,623,484
OPERATING EXPENSES:
Operating expenses before depreciation 9,569,701 10,880,034 27,919,215 4,164,254
Depreciation 20,459 230,066 - -
Total operating expenses 9,590,160 11,110,100 27,919,215 4,164,254
Operating income(loss) (650,857) (55,344) (935,373) (540,770)
NONOPERATING REVENUES(EXPENSES):
Investment revenue 7,125 46,382 131,229 90,655
Interest expense and fiscal charges (9,572) (7,374) - -
Other non-operating expenses - - - -
Total non-operating revenues(expenses) (2,447) 39,008 131,229 90,655
Income(loss)before contributions and transfers (653,304) (16,336) (804,144) (450,115)
Transfers in - - -Transfers out (564) - - (16,978)
Change in net position (653,868) (16,336) (804,144) (467,093)
Net position at beginning of year 663,444 3,800,098 3,261,266 (294,023)
Total net position at end of year $ 9,576 $ 3,783,762 $ 2,457,122 $ (761,116)
(continued on the following page)
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110
CITY OF DENTON,TEXAS Exhibit XXVIH
COMBINING STATEMENT OF REVENUES,EXPENSES AND
CHANGES IN FUND NET POSITION(concluded)
INTERNAL SERVICE FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Total
Technology Engineering Customer Internal
Services Services Service Service
Fund Fund Fund Funds
OPERATING REVENUES:
Charges for goods and services $ 15,916,144 $ 7,516,103 $ 5,212,973 $ 78,134,093
Miscellaneous 81,493 - 32,529 1,226,534
Total operating revenues 15,997,637 7,516,103 5,245,502 79,360,627
OPERATING EXPENSES:
Operating expenses before depreciation 13,370,642 7,224,976 5,421,212 78,550,034
Depreciation 1,792,380 14,857 9,524 2,067,286
Total operating expenses 15,163,022 7,239,833 5,430,736 80,617,320
Operating income(loss) 834,615 276,270 (185,234) (1,256,693)
NONOPERATING REVENUES(EXPENSES):
Investment revenue 243,124 62,410 13,146 594,071
Interest expense and fiscal charges (7,030) - - (23,976)
Other non-operating expenses 14,320 - - 14,320
Total non-operating revenues(expenses) 250,414 62,410 13,146 584,415
Income(loss)before contributions and transfers 1,085,029 338,680 (172,088) (672,278)
Transfers in 29,626 - - 29,626
Transfers out - (832,906) (2,403,614) (3,254,062)
Change in net position 1,114,655 (494,226) (2,575,702) (3,896,714)
Net position at beginning of year 10,306,070 (1,761,056) - 15,975,799
Total net position at end of year $ 11,420,725 $ (2,255,282) $ (2,575,702) $ 12,079,085
(concluded)
155
ill
CITY OF DENTON,TEXAS Exhibit XXIX
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Materials Fleet Health Risk
Management Services Insurance Retention
Fund Fund Fund Fund
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash received from customers $ 8,939,303 $ 11,048,602 $ 26,983,842 $ 3,623,484
Cash paid to employees for services (2,023,495) (2,196,108) - (1,261,028)
Cash paid to suppliers (6,809,671) (7,893,556) (27,955,221) (2,746,658)
Net cash provided(used)by operations 106,137 958,938 (971,379) (384,202)
CASH FLOWS FROM NONCAPITAL FINANCING
ACTIVITIES:
Transfers out (564) - - (16,978)
Transfers in - - -Net cash provided(used)by noncapital
financing activities (564) - - (16,978)
CASH FLOWS FROM CAPITAL FINANCING ACTIVITIES:
Principal payments on capital debt (41,052) (233,460) - -
Interest and fiscal charges (8,287) (11,570) - -
Proceeds from issuance of debt - - - -
Proceeds from capital contributions and transfers in - - - -
Acquisition and construction of capital assets - (353,509) -Net cash provided(used)by capital financing activities (49,339) (598,539) - -
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale and maturities of investment securities - 719,361 2,762,143 1,860,293
Purchase of investment securities - (1,352,178) (2,844,636) (2,137,933)
Interest received on investments 7,125 46,253 138,674 94,683
Net cash provided(used)by investing activities 7,125 (586,564) 56,181 (182,957)
Net increase in cash and cash equivalents 63,359 (226,165) (915,198) (584,137)
Cash and cash equivalents at beginning of year 280,720 583,830 1,564,850 1,071,202
Cash and cash equivalents at end of year 344,079 357,665 649,652 487,065
Investments,at fair value - 1,867,780 3,392,588 2,543,531
Cash,cash equivalents and investments,at fair value $ 344,079 $ 2,225,445 $ 4,042,240 $ 3,0309596
RECONCILIATION OF OPERATING INCOME(LOSS)TO NET CASH
PROVIDED(USED)BY OPERATING ACTIVITIES:
Operating income(loss) $ (650,857) $ (55,344) $ (935,373) $ (540,770)
Adjustments:
Depreciation expense 20,459 230,066 - -
Increase in receivables - (6,154) - -
Decrease in inventories (1,695,513) 5,215 - -
Decrease(Increase)in prepaid items 915 - (8,076) -
Increase in escrow deposits items - - (12,000) -
Increase(Decrease)in accounts payable 70,634 626,474 (15,930) 40,687
Increase(decrease)in compensated absences 3,305 22,932 - 43,588
Increase in interfund payables 2,235,000 - - -
Increase in net pension balances 80,250 86,603 - 51,464
Increase in other post-employment benefit balances 41,944 49,146 - 20,829
Total adjustments 756,994 1,014,282 (36,006) 156,568
Net cash provided(used)by operating activities $ 106,137 $ 958,938 $ (971,379) $ (384,202)
NONCASH CAPITAL AND RELATED FINANCING ACTIVITIES:
Increase in fair value of investments - 15,235 35,084 24,804
Increase(Decrease)in equity due to non-cash transfers - - - -
(continued on the following page)
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112
CITY OF DENTON,TEXAS Exhibit XXIX
COMBINING STATEMENT OF CASH FLOWS(concluded)
INTERNAL SERVICE FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Total
Technology Engineering Customer Internal
Services Services Service Service
Fund Fund Fund Funds
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash received from customers $ 15,995,431 $ 7,516,103 $ 5,245,502 $ 79,352,267
Cash paid to employees for services (6,228,789) (4,784,045) (3,075,502) (19,568,967)
Cash paid to suppliers (6,288,784) (867,551) (2,033,348) (54,594,789)
Net cash provided(used)by operations 3,477,858 1,864,507 136,652 5,188,511
CASH FLOWS FROM NONCAPITAL FINANCING
ACTIVITIES:
Transfers out - (832,906) - (850,448)
Transfers in 29,626 - - 29,626
Net cash provided(used)by noncapital
financing activities 29,626 (832,906) - (820,822)
CASH FLOWS FROM CAPITAL FINANCING ACTIVITIES:
Principal payments on capital debt (10,000) - - (284,512)
Interest and fiscal charges (6,709) - - (26,566)
Proceeds from issuance of debt 1,603,317 - - 1,603,317
Proceeds from capital contributions and transfers in - - - -
Acquisition and construction of capital assets (8,294,155) - - (8,647,664)
Net cash provided(used)by capital financing activities (6,707,547) - - (7,355,425)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale and maturities of investment securities 6,136,958 1,004,321 115,919 12,598,995
Purchase of investment securities (5,500,747) (2,076,135) (241,134) (14,152,763)
Interest received on investments 264,540 58,807 12,541 622,623
Net cash provided(used)by investing activities 900,751 (1,013,007) (112,674) (931,145)
Net increase in cash and cash equivalents (2,299,312) 18,594 23,978 (3,918,881)
Cash and cash equivalents at beginning of year 3,659,994 313,727 - 7,474,323
Cash and cash equivalents at end of year 1,360,682 332,321 23,978 3,555,442
Investments,at fair value 7,105,697 1,735,434 125,215 16,770,245
Cash,cash equivalents and investments,at fair value $ 8,466,379 $ 2,067,755 $ 149,193 $ 20 325,687
RECONCILIATION OF OPERATING INCOME(LOSS)TO NET CASH
PROVIDED(USED)BY OPERATING ACTIVITIES:
Operating income(loss) $ 834,615 $ 276,270 $ (185,234) $ (1,256,693)
Adjustments:
Depreciation expense 1,792,380 14,857 9,524 2,067,286
Decrease(Increase)in receivables (2,206) - - (8,360)
Decrease in inventories - - - (1,690,298)
Decrease(Increase)in prepaid items 34,651 - - 27,490
Increase in escrow deposits items - - - (12,000)
Increase(Decrease)in accounts payable 353,310 1,215,027 148,140 2,438,342
Increase(decrease)in compensated absences 102,885 81,778 (4,068) 250,420
Decrease in interfund payables - - - 2,235,000
Decrease in net pension balances 258,839 249,993 118,044 845,193
Increase in other post-employment benefit balances 103,384 26,582 50,246 292,131
Total adjustments 2,643,243 1,588,237 321,886 6,445,204
Net cash provided(used)by operating activities $ 3,477,858 $ 1,864,507 $ 136,652 $ 5,188,511
NONCASH CAPITAL AND RELATED FINANCING ACTIVITIES:
Decrease in fair value of investments 79,102 10,795 446 165,466
Increase(Decrease)in equity due to non-cash transfers - - (2,403,614) (2,403,614)
(concluded)
157
113
CITY OF DENTON,TEXAS Exhibit XXIX
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
AGENCY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Balance Balance
October 1,2018 Additions Deductions September 30,2019
OTHER AGENCY FUNDS
ASSETS
Cash,cash equivalents and
investments,at fair value $ 189,999 $ 1,155,121 $ 1,185,089 $ 160,031
Total assets $ 189,999 $ 1,155,121 $ 1,185,089 $ 160,031
LIABILITIES
Accounts payable $ 189,999 $ 1,155,121 $ 1,185,089 $ 160,031
Total liabilities $ 189,999 $ 1,155,121 $ 1,185,089 $ 160,031
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114
STATISTICAL SECTION
This part of the City of Denton's comprehensive annual financial report presents detailed information as a context
for understanding what the information in the financial statements, note disclosures, and required supplementary
information says about the city's overall financial health.
Contents
Financial Trends
These schedules contain trend information to help the reader understand how the city's financial
performance and well-being have changed over time. (Tables 1 —4)
Revenue Capacity
These schedules contain information to help the reader assess the city's most significant local revenue
source, the property tax. These tables do not include the Electric fund information due to confidentiality
of information necessary for competitive rates. (Tables 5—8)
Debt Capacity
These schedules present information to help the reader assess the affordability of the city's current level
of outstanding debt and the city's ability to issue additional debt in the future. (Tables 9— 12)
Demographic and Economic Information
These schedules offer demographic and economic indicators to help the reader understand the
environment within which the city's financial activities take place. (Tables 13 — 14)
Operating Information
These schedules contain service and infrastructure data to help the reader understand how the information
in the city's financial report relates to the services the city provides and the activities it performs.
(Tables 15— 17)
Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual
financial reports for the relevant year.
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115
CITY OF DENTON,TEXAS Table 1
NET POSITION BY COMPONENT
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2010 2011 2012 2013 2014
Governmental activities
Net investment in capital assets $ 104,636,239 $ 103,073,465 $ 101,784,929 $ 116,146,838 $ 128,915,116
Restricted 2,894,676 2,839,556 3,460,027 4,116,256 12,233,226
Unrestricted 46,480,569 34,590,673 35,005,109 35,136,072 28,096,148
Total governmental activities
net position 154,011,484 140,503,694 140,250,065 155,399,166 169,244,490
Business-type activities
Net investment in capital assets 277,356,195 296,006,601 315,479,026 347,780,207 383,678,313
Restricted 30,598,923 30,454,314 28,559,731 28,654,879 28,056,605
Unrestricted 131,497,936 158,120,736 169,653,341 158,145,443 139,515,508
Total business-type activities
net position 439,453,054 484,581,651 513,692,098 534,580,529 551,250,426
Primary government
Net investment in capital assets 381,992,434 399,080,066 417,263,955 463,927,045 512,593,429
Restricted 33,493,599 33,293,870 32,019,758 32,771,135 40,289,831
Unrestricted 177,978,505 192,711,409 204,658,450 193,281,515 167,611,656
Total primary government
net position $ 593,464,538 $ 625,085,345 $ 653,942,163 $ 689,979,695 $ 720,494,916
(continued on the following page)
Source: Comprehensive Annual Financial Reports
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116
CITY OF DENTON,TEXAS Table 1
NET POSITION BY COMPONENT(concluded)
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2015 2016 2017 2018 2019
Governmental activities
Net investment in capital assets $ 141,914,877 $ 145,309,987 $ 165,408,284 $ 194,210,730 $ 242,957,674
Restricted 13,215,421 13,736,624 14,530,908 21,654,948 30,348,748
Unrestricted (8,775,520) (3,620,580) (6,509,698) (19,332,607) (39,525,390)
Total governmental activities
net position 146,354,778 155,426,031 173,429,494 196,533,071 233,781,032
Business-type activities
Net investment in capital assets 421,894,337 460,330,063 502,801,204 540,697,505 589,492,414
Restricted 25,356,458 8,892,547 11,516,207 20,209,408 32,678,917
Unrestricted 122,542,446 151,234,604 145,191,889 177,836,401 173,355,308
Total business-type activities
net position 569,793,241 620,457,214 659,509,300 738,743,314 795,526,639
Primary government
Net investment in capital assets 563,809,214 605,640,050 668,209,488 734,908,235 832,450,088
Restricted 38,571,879 22,629,171 26,047,115 41,864,356 63,027,665
Unrestricted 113,766,926 147,614,024 138,682,191 158,503,794 133,829,918
Total primary government
net position $ 716,148,019 $ 775,883,245 $ 832,938,794 $ 935,276,385 $ 1,029,307,671
(concluded)
Source: Comprehensive Annual Financial Reports
161
117
CITY OF DENTON,TEXAS Table 2
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2010 2011 2012 2013 2014
EXPENSES
Governmental activities:
General government $29,569,535 $28,198,604 $29,421,275 $27,686,735 $30,476,840
Public safety 47,998,906 49,154,371 52,496,010 52,906,985 56,893,859
Public works 15,767,926 16,089,302 18,662,029 18,663,884 16,950,280
Parks and recreation 12,854,336 12,421,893 12,968,426 13,714,245 14,543,461
Interest expense 5,121,329 5,046,724 4,755,938 4,464,309 4,339,154
Total governmental activities expenses 111,312,032 110,910,894 118,303,678 117,436,158 123,203,594
Business-type activities:
Electric system 114,903,831 117,769,599 122,428,808 146,246,880 157,906,294
Water system 27,219,944 28,293,109 26,822,690 26,814,020 24,023,392
Wastewater system 20,560,600 20,455,424 20,890,614 21,467,088 22,176,191
Solid waste 18,028,832 20,008,746 21,695,322 21,730,796 23,844,055
Airport - 1,326,397 1,472,155 1,608,989 2,435,446
Total business-type activities expenses 180,713,207 187,853,275 193,309,589 217,867,773 230,385,378
Total primary government expenses 292,025,239 298,764,169 311,613,267 335,303,931 353,588,972
PROGRAM REVENUES
Governmental activities:
Charges for services:
General government 3,551,733 4,108,687 3,873,349 4,105,648 4,645,655
Public safety 6,431,007 7,075,328 7,069,770 7,767,083 7,064,927
Public works 1,425,683 525,024 1,086,269 1,159,605 885,010
Parks and recreation 3,372,579 3,964,517 3,951,433 4,059,383 5,833,238
Operating grants and contributions 3,407,085 4,270,697 2,598,157 3,118,105 4,788,149
Capital grants and contributions 15,206,424 7,497,908 4,292,468 14,671,571 11,127,695
Total governmental activities
program revenues 33,394,511 27,442,161 22,871,446 34,881,395 34,344,674
Business-type activities:
Charges for services:
Electric system 119,156,314 131,435,554 132,352,950 136,655,892 150,362,507
Water system 28,407,954 36,790,720 36,265,061 37,586,306 34,865,803
Wastewater system 21,917,651 23,338,841 24,570,095 26,588,179 28,629,754
Solid waste 18,432,245 20,979,967 22,944,272 24,468,976 25,980,914
Airport - 3,203,426 1,909,619 1,880,812 1,925,825
Capital grants and contributions 5,153,568 5,053,024 4,317,463 9,877,185 5,656,622
Total business-type activities
program revenues 193,067,732 220,801,532 222,359,460 237,057,350 247,421,425
Total primary government
program revenues 226,462,243 248,243,693 245,230,906 271,938,745 281,766,099
NET(EXPENSE)/REVENUE
Governmental activities (77,917,521) (83,468,733) (95,432,232) (82,554,763) (88,858,920)
Business-type activities 12,354,525 32,948,257 29,049,871 19,189,577 17,036,047
Total primary government program
net expense $ (65,562,996) $ (50,520,476) $ (66,382,361) $ (63,365,186) $ (71,822,873)
162
118
CITY OF DENTON,TEXAS Table 2
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2015 2016 2017 2018 2019
EXPENSES
Governmental activities:
General government $31,260,126 $33,847,052 $40,761,972 $37,968,945 $39,051,942
Public safety 58,132,146 63,118,516 68,546,557 71,945,219 77,883,435
Public works 20,331,934 24,557,482 24,994,628 25,683,779 24,502,864
Parks and recreation 14,982,742 16,043,697 16,792,417 17,422,273 17,710,634
Interest expense 4,384,973 4,664,608 4,970,968 5,379,149 6,750,917
Total governmental activities expenses 129,091,921 142,231,355 156,066,542 158,399,365 165,899,792
Business-type activities:
Electric system 158,106,661 145,963,753 174,900,860 168,110,899 236,131,640
Water system 25,870,489 26,000,734 28,202,500 27,481,058 29,689,758
Wastewater system 24,307,305 23,921,154 26,730,157 26,284,049 28,317,484
Solid waste 26,766,890 29,435,101 34,532,856 29,028,299 30,541,859
Airport 2,100,281 2,536,460 1,930,767 1,802,703 2,017,380
Total business-type activities expenses 237,151,626 227,857,202 266,297,140 252,707,008 326,698,121
Total primary government expenses 366,243,547 370,088,557 422,363,682 411,106,373 492,597,913
PROGRAM REVENUES
Governmental activities:
Charges for services:
General government 5,364,405 6,015,305 5,266,777 6,489,438 6,460,483
Public safety 7,276,024 9,827,784 8,773,221 8,221,314 7,233,973
Public works 707,604 729,528 879,453 649,293 712,953
Parks and recreation 4,926,465 5,268,637 4,414,379 4,852,322 5,868,619
Operating grants and contributions 3,380,119 2,855,501 4,667,791 3,697,696 4,092,532
Capital grants and contributions 10,443,220 5,885,033 17,180,091 33,991,306 28,085,591
Total governmental activities
program revenues 32,097,837 30,581,788 41,181,712 57,901,369 52,454,151
Business-type activities:
Charges for services:
Electric system 167,696,288 166,290,498 172,027,080 198,748,366 242,437,211
Water system 37,572,331 38,181,034 41,332,006 48,912,059 45,886,900
Wastewater system 30,790,885 31,900,885 33,360,603 35,594,624 35,042,110
Solid waste 29,091,216 31,236,506 33,847,593 33,590,463 34,670,519
Airport 1,277,402 1,183,661 1,495,619 1,625,672 1,397,581
Capital grants and contributions 8,593,699 7,705,101 20,347,889 20,519,510 16,039,076
Total business-type activities
program revenues 275,021,821 276,497,685 302,410,790 338,990,694 375,473,397
Total primary government
program revenues 307,119,658 307,079,473 343,592,502 396,892,063 427,927,548
NET(EXPENSE)/REVENUE
Governmental activities (96,994,084) (111,649,567) (114,884,830) (100,497,996) (113,445,641)
Business-type activities 37,870,195 48,640,483 36,113,650 86,283,686 48,775,276
Total primary government program
net expense $ (59,123,889) $ (63,009,084) $ (78,771,180) $ (14,214,310) $ (64,670,365)
(continued on the following page)
163
119
CITY OF DENTON,TEXAS Table 2
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2010 2011 2012 2013 2014
GENERAL REVENUES AND OTHER CHANGES
IN NET POSITION
Governmental activities:
Taxes:
Property tax $43,144,645 $44,144,844 $45,174,160 $47,275,552 $48,833,077
Sales taxi 20,484,954 22,871,282 25,886,940 26,522,473 27,764,114
Franchise tax 17,457,994 19,324,244 19,336,701 19,901,459 21,001,427
Hotel occupancy tax 1,302,617 1,513,468 1,555,347 1,910,125 1,982,643
Beverage tax 347,940 359,671 345,032 392,192 419,498
Bingo tax 22,611 21,963 20,889 20,774 20,684
Investment income 684,709 459,615 581,849 354,089 563,236
Gain on sale of capital assets - - - - -
Miscellaneous 5,690,969 2,370,682 1,390,398 1,428,907 1,980,545
Transfers 482,801 (10,430,082) 887,287 (101,707) 876,525
Total governmental activities 89,619,240 80,635,687 95,178,603 97,703,864 103,441,749
Business-type activities:
Investment income 1,653,515 1,472,078 1,638,830 1,085,856 1,355,730
Gain on sale of capital assets - - - - -
Miscellaneous 257,379 278,180 (690,967) 511,291 521,013
Transfers (482,801) 10,430,082 (887,287) 101,707 (876,525)
Total business-type activities 1,428,093 12,180,340 60,576 1,698,854 1,000,218
Total primary government 91,047,333 92,816,027 95,239,179 99,402,718 104,441,967
CHANGE IN NET POSITION
Governmental activities 11,701,719 (2,833,046) (253,629) 15,149,101 14,582,829
Business-type activities 13,782,618 45,128,597 29,110,447 20,888,431 18,036,265
Total primary government $ 25,484,337 $ 42,295,551 $ 28,856,818 $ 36,037,532 $ 32,619,094
(continued on the following page)
Source: Comprehensive Annual Financial Reports
1 Sales tax figures in fiscal years 2010 and prior present amounts net of economic incentive payments.
164
120
CITY OF DENTON,TEXAS Table 2
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2015 2016 2017 2018 2019
GENERAL REVENUES AND OTHER CHANGES
IN NET POSITION(concluded)
Governmental activities:
Taxes:
Property tax $54,174,965 $58,788,255 $64,348,754 $67,185,610 $71,351,314
Sales taxi 30,601,965 32,624,297 36,841,137 38,270,026 38,330,825
Franchise tax 21,996,031 22,659,014 24,211,081 26,007,002 26,160,639
Hotel occupancy tax 2,156,294 2,243,264 2,374,221 2,733,720 3,039,747
Beverage tax 573,758 597,284 617,662 632,217 661,823
Bingo tax 20,380 18,910 13,633 11,244 11,445
Investment income 759,334 1,019,594 1,330,008 1,937,579 6,093,100
Gain on sale of capital assets 707,966 498,265 192,583 188,958 95,760
Miscellaneous 1,220,060 1,087,504 2,042,274 4,700,466 3,930,285
Transfers 1,140,938 1,184,433 916,940 (1,104,290) 1,018,664
Total governmental activities 113,351,691 120,720,820 132,888,293 140,562,532 150,693,602
Business-type activities:
Investment income 1,692,971 2,010,008 3,471,635 4,083,560 9,026,713
Gain on sale of capital assets 42,455 1,197,915 383,741 240,740 -
Miscellaneous - - - - -
Transfers (1,140,938) (1,184,433) (916,940) 1,104,290 (1,018,664)
Total business-type activities 594,488 2,023,490 2,938,436 5,428,590 8,008,049
Total primary government 113,946,179 122,744,310 135,826,729 145,991,122 158,701,651
CHANGE IN NET POSITION
Governmental activities 16,357,607 9,071,253 18,003,463 40,064,536 37,247,961
Business-type activities 38,464,683 50,663,973 39,052,086 91,712,276 56,783,325
Total primary government $ 54,822,290 $ 59,735,226 $ 57,055,549 $ 131,776,812 $ 94,031,286
(concluded)
Source: Comprehensive Annual Financial Reports
1 Sales tax figures in fiscal years 2010 and prior present amounts net of economic incentive payments.
165
121
CITY OF DENTON,TEXAS Table 3
FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
2010 2011' 2012 2013 2014
General fund
Committed to streets $ - $ 921,779 $ - $ - $ -
Assigned to use of reserves - 668,116 664,894 1,377,039 661,545
Unreserved,undesignated,unassigned 21,526,779 22,834,108 25,171,186 24,378,139 25,176,737
Total general fund 21,526,779 24,424,003 25,836,080 25,755,178 25,838,282
All other governmental funds
Reserved for:
Debt service 3,354,535 - - - -
Capital projects 44,970,571 - - - -
Unreserved,undesignated reported in:
Special revenue funds 13,838,425 - - - -
Restricted for:
Debt Service - 3,279,080 3,824,438 4,572,807 4,726,841
Parks and recreation - 9,561,244 10,496,887 9,220,953 11,584,890
Streets and drainage projects - 21,857,670 22,004,377 23,759,574 25,790,648
Other capital projects - 5,907,877 8,444,073 12,231,061 11,925,978
Other grants and purposes - 1,223,822 1,789,241 2,223,626 2,465,093
Committed to:
Streets - - 991,942 1,330,184 916,613
Parks and recreation - 1,427,717 570,534 590,062 573,429
Other purposes - 1,867,639 1,468,837 1,801,661 3,560,159
Assigned to:
Streets and drainage projects - 724,241 - 144,485 423,152
Other capital projects - 1,332,105 3,003,344 2,599,101 2,868,390
Other purposes - 77,341 49,026 56,900 34,847
Unassigned - (758,734) (91,145) (8,901) (144,084)
Total all other governmental funds $ 62,163,531 $ 46,500,002 $ 52,551,554 $ 58,521,513 $ 64,725,956
(continued on the following page)
Source: Comprehensive Annual Financial Reports
1The City adopted GASB Statement No.54 which changed the classification of governmental fund balances
to nonspendable,restricted,committed,assigned,and unassigned.
166
122
CITY OF DENTON,TEXAS Table 3
FUND BALANCES OF GOVERNMENTAL FUNDS(concluded)
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
2015 2016 2017 2018 2019
General fund
Committed to streets $ - $ - $ - $ - $ -
Assigned to use of reserves - 99,365 - 1,398,704 160,606
Unreserved,undesignated,unassigned 27,365,168 28,070,483 31,770,773 28,918,681 30,578,238
Total general fund 27,365,168 28,169,848 31,770,773 30,317,385 30,738,844
All other governmental funds
Reserved for:
Debt service - - - - -
Capital projects - - - - -
Unreserved,undesignated reported in:
Special revenue funds - - - - -
Restricted for:
Debt Service 4,791,880 4,893,032 5,409,144 5,529,483 5,453,180
Parks and recreation 14,288,659 13,553,834 10,599,568 9,153,654 12,723,077
Streets and drainage projects 42,537,941 46,511,509 51,149,305 82,702,916 75,897,954
Other capital projects 10,603,695 13,512,733 18,544,086 21,984,608 20,271,843
Other grants and purposes 3,218,466 3,319,230 4,104,036 7,158,843 7,171,142
Committed to:
Streets 1,388,223 1,798,624 1,158,667 4,495,971 5,965,815
Parks and recreation 513,484 498,150 439,825 520,852 549,415
Other purposes 4,430,392 5,500,983 6,889,093 3,150,491 3,779,944
Assigned to:
Streets and drainage projects 2,214,613 3,430,681 7,897,077 10,591,478 10,867,803
Other capital projects 1,666,029 3,728,955 6,945,492 7,440,133 8,907,816
Other purposes 49,630 74,558 59 59 61
Unassigned (73,857) (242,338) (2,942,377) (943,930) (782,684)
Total all other governmental funds $ 85,629,155 $ 96,579,951 $ 110,193,975 $ 151,784,558 $ 150,805,366
(concluded)
Source: Comprehensive Annual Financial Reports
1The City adopted GASB Statement No.54 which changed the classification of governmental fund balances
to nonspendable,restricted,committed,assigned,and unassigned.
167
123
CITY OF DENTON,TEXAS Table 4
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
2010 2011 2012 2013 2014
REVENUES:
Taxes:
Property tax $ 43,326,427 $ 44,147,706 $ 45,116,485 $ 47,330,522 $ 48,872,016
Sales taxi 20,484,954 22,871,282 25,886,940 26,522,473 27,764,114
Hotel occupancy tax 1,302,617 1,513,468 1,555,347 1,910,125 1,982,643
Beverage tax 347,940 359,671 345,032 392,192 419,498
Bingo tax 22,611 21,963 20,889 20,774 20,684
Licenses and permits 1,198,552 1,460,548 1,436,215 1,446,580 1,978,421
Franchise fees 17,457,994 19,324,244 19,336,701 19,901,459 21,001,427
Fines and forfeitures 4,828,159 4,929,110 5,462,133 5,342,966 6,261,579
Fees for services 12,244,258 8,395,583 8,519,763 8,683,278 10,187,195
Investment revenue 684,709 459,615 581,849 354,089 563,236
Intergovernmental 16,639,038 10,896,063 6,739,864 9,914,834 10,986,128
Miscellaneous 1,002,133 1,911,634 1,171,618 1,322,762 2,648,160
Total revenues 119,539,392 116,290,887 116,172,836 123,142,054 132,685,101
EXPENDITURES:
General government 26,909,485 25,784,296 24,359,018 25,047,062 28,188,722
Public safety 44,398,442 46,561,747 48,118,051 51,303,825 53,380,064
Public works 6,517,717 7,483,926 8,608,554 9,425,446 9,979,997
Parks and recreation 11,072,061 10,913,450 11,315,951 12,274,908 12,808,701
Capital outlay 14,164,662 12,937,053 10,983,987 20,038,064 20,660,461
Debt service:
Principal retirement 9,277,804 9,670,892 9,770,660 10,017,719 10,703,071
Advance refunding escrow - - 130,111 110,145 -
Bond issuance costs 78,919 29,156 163,811 181,308 86,800
Interest and other charges 5,095,245 5,070,734 4,758,305 4,552,348 4,741,257
Total expenditures 117,514,335 118,451,254 118,208,448 132,950,825 140,549,073
Excess(deficiency)of revenues
over(under)expenditures 2,025,057 (2,160,367) (2,035,612) (9,808,771) (7,863,972)
OTHER FINANCING SOURCES(USES):
Refunding bonds issued 3,460,000 - 10,173,303 6,182,405 3,130,000
Payment to refunded bond escrow agent (3,774,764) - (11,432,581) (6,547,180) (3,194,293)
Issuance of long-term debt 6,905,000 5,680,000 8,020,000 14,765,000 12,635,000
Premium on debt issuance 498,682 32,628 2,016,193 1,232,674 635,037
Insurance recoveries - - 19,961 - -
Proceeds of capital lease - - - - -
Sale of capital assets 160,495 303,307 153,127 148,417 85,059
Transfers in 5,815,769 1,968,253 4,741,735 2,980,448 3,596,433
Transfers(out) (8,384,227) (7,915,382) (4,192,497) (3,063,936) (2,735,717)
Total other financing sources(uses) 4,680,955 68,806 9,499,241 15,697,828 14,151,519
NET CHANGE IN FUND BALANCES $ 6,706,012 $ (2,091,561) $ 71463,629 $ 51889,057 $ 6,287,547
Debt service as a percentage of noncapital
expenditures 13.9% 14.0% 13.6% 12.9% 12.9%
Source: Comprehensive Annual Financial Reports (continued on the following page)
' Sales tax figures in fiscal years 2010 and prior present amounts net of economic incentive payments.
168
124
CITY OF DENTON,TEXAS Table 4
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS(concluded)
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
2015 2016 2017 2018 2019
REVENUES:
Taxes:
Property tax $ 54,230,541 $ 58,802,856 $ 64,317,641 $ 67,055,807 $ 71,393,395
Sales tax 30,601,965 32,624,297 36,841,137 38,270,026 38,330,825
Hotel occupancy tax 2,156,294 2,243,264 2,374,221 2,733,720 3,039,748
Beverage tax 573,758 597,284 617,662 632,217 661,823
Bingo tax 20,380 18,910 13,633 11,244 11,445
Licenses and permits 2,782,395 3,106,162 3,016,697 3,739,691 3,889,820
Franchise fees 21,996,031 22,659,014 24,211,081 26,007,002 26,160,639
Fines and forfeitures 6,505,175 6,433,158 6,039,401 5,539,793 5,147,203
Fees for services 9,391,260 10,927,305 10,395,166 10,536,817 11,583,743
Investment revenue 759,334 1,019,594 1,330,008 1,937,579 6,093,100
Intergovernmental 10,236,689 5,217,302 9,647,977 30,518,141 22,477,192
Miscellaneous 1,387,127 1,347,258 2,382,708 5,053,082 5,043,652
Total revenues 140,640,949 144,996,404 161,187,332 192,035,119 193,832,585
EXPENDITURES:
General government 29,277,275 31,024,356 31,330,757 32,800,175 35,528,063
Public safety 55,978,174 59,067,019 61,156,694 66,355,282 71,257,658
Public works 12,439,131 11,604,966 15,871,804 14,710,211 14,579,218
Parks and recreation 13,277,516 13,987,694 14,140,518 14,671,894 15,221,092
Capital outlay 23,712,400 25,966,695 38,191,803 54,829,949 64,835,885
Debt service:
Principal retirement 11,918,983 13,390,576 14,351,487 15,429,697 16,904,637
Advance refunding escrow 120,519 147,687 103,950 - -
Bond issuance costs 181,409 154,948 171,252 284,181 142,226
Interest and other charges 4,647,528 5,246,925 5,819,949 6,561,442 8,146,969
Total expenditures 151,552,935 160,590,866 181,138,214 205,642,831 226,615,748
Excess(deficiency)of revenues
over(under)expenditures (10,911,986) (15,594,462) (19,950,882) (13,607,712) (32,783,163)
OTHER FINANCING SOURCES(USES):
Refunding bonds issued 14,290,000 12,045,000 10,850,000 - -
Payment to refunded bond escrow agent (15,604,758) (14,075,445) (11,358,665) - -
Issuance of long-term debt 29,240,000 22,780,000 33,405,000 56,960,000 25,870,000
Premium on debt issuance 3,214,914 4,317,817 3,077,360 3,206,728 2,006,343
Insurance recoveries - 30,624 86,992 18,135 88,954
Proceeds of capital lease - 150,155 - - -
Sale of capital assets 715,685 530,054 236,068 226,025 17,033
Transfers in 4,557,824 8,164,575 10,856,904 15,083,695 14,477,744
Transfers(out) (3,071,594) (6,592,842) (9,987,828) (21,749,676) (10,234,644)
Total other financing sources(uses) 33,342,071 27,349,938 37,165,831 53,744,907 32,225,430
NET CHANGE IN FUND BALANCES $ 22,430,085 $ 11,755,476 $ 17,214,949 $ 40,137,195 $ (557,733)
Debt service as a percentage of noncapital
expenditures 13.0% 13.8% 14.1% 14.6% 15.5%
Source: Comprehensive Annual Financial Reports (concluded)
' Sales tax figures in fiscal years 2010 and prior present amounts net of economic incentive payments.
169
125
CITY OF DENTON,TEXAS Table 5
ASSESSED VALUE AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY
LAST TEN FISCAL YEARS
Estimated Market Value Less: Less: Total Taxable Total Direct
Fiscal Real Personal Tax-Exempt Frozen Assessed Tax
Year Property Property Property Valuer Value Rate
2010 $ 6,619,118,472 $ 922,539,801 $ 1,213,749,251 $ - $ 6,327,909,022 0.66652
2011 6,744,096,534 879,202,496 1,393,181,072 - 6,230,117,958 0.68975
2012 6,903,311,493 933,580,101 1,424,516,590 - 6,412,375,004 0.68975
2013 7,083,330,127 1,125,646,116 1,492,264,875 - 6,716,711,368 0.68975
2014 7,427,124,969 1,161,189,421 1,609,090,116 - 6,979,224,274 0.68975
2015 8,285,049,321 1,329,999,883 1,817,871,596 - 7,797,177,608 0.68975
2016 8,989,650,946 1,332,290,743 1,858,794,929 - 8,463,146,760 0.68975
2017 9,784,179,133 1,429,040,012 2,040,968,652 - 9,172,250,493 0.68334
2018 11,218,394,767 1,497,275,644 2,298,809,194 - 10,416,861,217 0.63786
2019 12,399,345,379 1,376,428,125 2,348,204,604 112,974,494 11,314,594,406 0.62048
Source: Denton Central Appraisal District
FFiscal year 2019 marks the first year of the Over 65/Disabled tax limitation(freeze).
2Total Taxable Assessed Value from 2013-2019 include the Downtown and West Park TIRZ's.
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CITY OF DENTON,TEXAS Table 6
PROPERTY TAX RATES(PER$100 OF ASSESSED VALUE)
DIRECT AND OVERLAPPING'GOVERNMENTS
LAST TEN FISCAL YEARS
Overlapping Rates
School Districts
Denton Argyle
City of Denton Independent Independent
Fiscal Operating Debt Service Total Denton School School
Year Rate Rate Direct Rate County District District
2010 $ 0.44765 $ 0.21887 $ 0.66652 $ 0.24980 $ 1.49000 $ 1.41005
2011 0.47088 0.21887 0.68975 0.273900 1.53000 1.440050
2012 0.47088 0.21887 0.68975 0.277357 1.53000 1.460050
2013 0.47088 0.21887 0.68975 0.282867 1.53000 1.480050
2014 0.47480 0.21495 0.68975 0.284914 1.53000 1.475000
2015 0.48119 0.20856 0.68975 0.272200 1.54000 1.570050
2016 0.47456 0.21519 0.68975 0.262000 1.54000 1.570050
2017 0.46674 0.21660 0.68334 0.248409 1.54000 1.570050
2018 0.43031 0.20755 0.63786 0.237812 1.54000 1.585050
2019 0.40543 0.21505 0.62048 0.225574 1.54000 1.585050
(continued on the following page)
Source: Denton County Tax Office
Denton County Central Appraisal District
10verlapping rates are those of the school district and county government that apply to property owners within the City of Denton.
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CITY OF DENTON,TEXAS Table 6
PROPERTY TAX RATES(PER$100 OF ASSESSED VALUE)(concluded)
DIRECT AND OVERLAPPING'GOVERNMENTS
LAST TEN FISCAL YEARS
Overlapping Rates
School Districts
Aubrey Krum Pilot Point Ponder Sanger Total Direct
Independent Independent Independent Independent Independent &Overlapping
Fiscal School School School School School Rates
Year District District District District District (Range)
2010 $ 1.54000 $ 1.44000 $ 1.37000 $ 1.30903 $ 1.36000 2.225348-2.456320
2011 1.540000 1.480000 1.370000 1.324890 1.360000 2.288540-2.503650
2012 1.540000 1.540000 1.370000 1.344610 1.372067 2.311717-2.507107
2013 1.540000 1.520000 1.370000 1.353292 1.372067 2.325909-2.512617
2014 1.510000 1.540000 1.370000 1.385000 1.372070 2.344664-2.514664
2015 1.510000 1.540000 1.370000 1.380800 1.372067 2.331950-2.532000
2016 1.510000 1.540000 1.370000 1.387500 1.372067 2.321750-2.521800
2017 1.510000 1.540000 1.370000 1.467840 1.372067 2.301749-2.501799
2018 1.510000 1.540000 1.370000 1.467790 1.372067 2.245668-2.460718
2019 1.590000 1.540000 1.370000 1.467790 1.372067 2.216051-2.436051
(concluded)
Source: Denton County Tax Office
Denton County Central Appraisal District
10verlapping rates are those of the school district and county government that apply to property owners within the City of Denton.
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CITY OF DENTON,TEXAS Table 7
PRINCIPAL PROPERTY TAXPAYERS
CURRENT YEAR AND NINE YEARS AGO
2019 2010
Percentage of Percentage of
Taxable Total Taxable Taxable Total Taxable
Assessed Assessed Assessed Assessed
Name of Taxpayer Value Value' Name of Taxpayer Value Value2
Columbia Medical
Center of Denton
Target Corporation $101,464,041 0.90% (Medical City Denton) $83,900,462 1.33%
Columbia Medical Inland Western Crossing
Center of Denton (Denton Crossing
(Medical City Denton) 83,902,796 0.74% Shopping Center) 53,041,520 0.84%
PACCAR Inc. PACCAR Inc.
(Peterbilt) 73,811,959 0.65% (Peterbilt) 52,109,610 0.82%
O'Reilly Hotel Partners
(Embassy Suites Hotel Verizon Southwest
and Convention Center) 55,859,534 0.49% (Telephone Company) 32,549,140 0.51%
Winco Foods, LLC GEL Timberlinks(The
(Grocery Distributor) 55,189,070 0.49% Timbers at Denton) 29,500,000 0.47%
Inland Western Crossing
(Denton Crossing Aldi,LLC(Grocery
Shopping Center) 54,096,002 0.48% Distributor) 25,554,780 0.40%
Denton Education
Southwire Company Housing Corp
(Wire and Cable (University Courtyard
Manufacturer) 48,257,240 0.43% Apartments) 21,693,000 0.34%
SCI Gateway at Denton
Rayzor Ranch Fund 25,LLC(Gateway
Marketplace Associates 47,940,231 0.42% at Denton Apartments) 20,717,990 0.33%
NREA Gardens,DST
(Gardens at Denton CNL Retirement CRSI
Apartments) 44,828,748 0.40% (Mayhill Hospital) 19,778,423 0.31%
Value Family Properties
Wells Services Division (Pecan Creek Mobile
of STC(Schlumberger) 42,646,970 0.38% Home Park) 19,776,368 0.31%
Total $ 607,996,591 5.37% Total $ 358,621,293 5.66%
Source: Denton Central Appraisal District
'Total taxable assessed value for tax year 2018(fiscal year 2019)is$11,314,594,406.
2Total taxable assessed value for tax year 2009(fiscal year 2010)is$6,327,909,022.
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CITY OF DENTON,TEXAS Table 8
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
Taxes Levied Adjustments Adjusted Collected Within the
Within the to Levy in Taxes Levied Fiscal Year of the Levy Collections
Fiscal Fiscal Year Subsequent for the Percentage in Subsequent
Year of the Levy Years Fiscal Year Amount of Levy Years
2010 $ 42,898,414 $ 56,034 $ 42,954,448 $ 42,448,364 98.82% $ 432,579
2011 43,890,121 (2,866) 43,887,255 43,447,508 99.00% 384,097
2012 44,856,277 21,567 44,877,844 44,461,501 99.07% 346,245
2013 46,965,495 37,212 47,002,707 46,638,975 99.23% 289,169
2014 48,398,900 70,987 48,469,887 48,083,910 99.20% 304,016
2015 53,829,793 (93,124) 53,736,669 53,503,029 99.57% 127,026
2016 58,634,172 (15,770) 58,618,401 58,280,013 99.42% 211,543
2017 64,030,255 (70,380) 63,959,875 63,702,954 99.60% 128,328
2018 66,830,333 (57,089) 66,773,244 66,493,774 99.58% 76,952
2019 70,914,567 - 70,914,567 70,345,941 99.20% -
(continued on the following page)
Source: Denton Central Appraisal District
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CITY OF DENTON,TEXAS Table 8
PROPERTY TAX LEVIES AND COLLECTIONS(concluded)
LAST TEN FISCAL YEARS
Total Collections to Date
Fiscal Percentage
Year Amount of Levy
2010 $ 42,880,943 99.83%
2011 43,831,605 99.87%
2012 44,807,746 99.84%
2013 46,928,144 99.84%
2014 48,387,926 99.83%
2015 53,630,055 99.80%
2016 58,491,556 99.78%
2017 63,831,282 99.80%
2018 66,570,726 99.70%
2019 70,345,941 99.20%
(concluded)
Source: Denton Central Appraisal District
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CITY OF DENTON,TEXAS Table 9
RATIO OF OUTSTANDING DEBT BY TYPE
LAST TEN FISCAL YEARS
Governmental Activities Business-Type Activities
General Certificates General Certificates
Fiscal Obligation of Premiums, Other Revenue Obligation of
Year Bonds Obligation Discounts Obligations Bonds Bonds Obligation
2010 $ 77,314,650 $ 45,727,950 $ 1,798,093 $ 1,771,952 $ 209,885,000 $ 39,600,350 $ 126,207,050
2011 73,395,650 43,036,419 1,475,673 1,879,906 187,525,000 47,209,350 150,553,581
2012 80,013,439 33,910,342 3,272,887 1,891,895 156,855,000 59,301,561 181,314,658
2013 80,719,761 37,514,485 3,737,386 983,249 144,225,000 55,970,239 222,955,515
2014 78,316,161 41,570,000 3,593,057 1,102,864 112,170,000 79,188,839 290,640,000
2015 95,019,058 41,590,000 6,039,823 2,079,227 63,340,000 108,585,942 359,375,000
2016 109,861,174 34,565,000 9,250,779 1,373,230 - 141,063,826 416,465,000
2017 118,267,663 49,285,000 10,994,176 498,062 214,890,000 127,677,337 467,620,000
2018 127,647,935 81,200,000 12,515,724 4,171 214,890,000 111,347,065 447,050,000
2019 135,507,957 83,560,000 12,749,386 - 214,890,000 118,682,043 414,890,000
(continued on the following page)
Source: Comprehensive Annual Financial Reports
Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements.
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CITY OF DENTON,TEXAS Table 9
RATIO OF OUTSTANDING DEBT BY TYPE(concluded)
LAST TEN FISCAL YEARS
Business-Type Activities
Total Percentage
Fiscal Premiums, Other Primary of Personal Per
Year Discounts Obligations Government Incomes Capital
2010 $14,799,674 $ 1,824,177 $ 518,928,896 0.02103% 4,576.78
2011 13,078,316 1,279,130 519,433,025 0.01982% 4,535.86
2012 17,869,148 713,408 535,142,338 0.02150% 4,626.78
2013 18,645,703 363,487 565,114,825 0.02040% 4,813.71
2014 23,263,019 - 629,843,940 0.02145% 5,285.79
2015 27,564,104 - 703,593,154 0.02398% 5,817.46
2016 38,514,641 - 751,093,650 0.02545% 6,118.44
2017 69,029,540 - 1,058,261,778 0.03267% 8,466.91
2018 61,504,481 - 1,056,157,358 0.03176% 8,310.11
2019 56,877,139 - 1,037,156,525 0.02907% 8,000.59
(concluded)
Source: Comprehensive Annual Financial Reports
Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements.
sSee Table 13 for personal income and population data.
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CITY OF DENTON,TEXAS Table 10
RATIO OF GENERAL BONDED DEBT OUTSTANDING
LAST TEN FISCAL YEARS
General Bonded Debt Outstanding
Less:Amounts Percentage of
General Certificates Available Taxable
Fiscal Obligation of Premiums, in Debt Value of Per
Year Bonds Obligation Discounts Service Fund Total Property' Capital
2010 $ 116,915,000 $ 171,935,000 $ 11,933,474 $ 2,894,676 $ 297,888,798 4.71% $ 2,627.28
2011 120,605,000 193,590,000 10,580,069 2,839,556 321,935,513 5.17% 2,811.25
2012 139,315,000 215,225,000 18,283,190 3,460,027 369,363,163 5.76% 3,193.47
2013 136,690,000 260,470,000 20,029,829 4,116,256 413,073,573 6.15% 3,518.60
2014 157,505,000 332,210,000 25,434,647 4,261,848 510,887,799 7.32% 4,287.48
2015 203,605,000 400,965,000 33,414,816 4,260,793 633,724,023 8.13% 5,239.77
2016 250,925,000 451,030,000 47,765,420 4,314,370 745,406,050 8.81% 6,072.11
2017 245,945,000 516,905,000 49,644,634 4,666,797 807,827,837 8.81% 6,463.24
2018 238,995,000 528,250,000 46,011,204 4,773,267 808,482,937 7.76% 6,361.35
2019 254,190,000 498,450,000 43,987,604 4,627,301 792,000,303 7.00% 6,109.46
Source: Comprehensive Annual Financial Reports (continued on the following page)
Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements.
'See Table 5 for property value data.
2See Table 13 for population data.
3In 2010,the City began issuing Certificates of Obligation not only for general government purposes which are repaid by
property taxes,but also for utility related projects of the City.The Certificates of Obligation issued for utility purposes are
repaid from the specific utility fund as revenue supported for which the debt was issued.
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CITY OF DENTON,TEXAS Table 10
RATIO OF GENERAL BONDED DEBT OUTSTANDING(concluded)
LAST TEN FISCAL YEARS
Tax Supported General Bonded Debt Outstanding
Percentage of
Actual Taxable
Fiscal Less:Revenue Net Tax Value of Per
Year Supported Debt3 Supported Debt Property Capital
2010 $ 175,942,781 $ 121,946,017 1.93% $ 1,075.52
2011 206,867,327 115,068,186 1.85% 1,004.81
2012 255,626,522 113,736,641 1.77% 983.35
2013 295,218,197 117,855,376 1.75% 1,003.90
2014 391,670,429 119,217,370 1.71% 1,000.50
2015 495,335,935 138,388,088 1.77% 1,144.22
2016 596,043,467 149,362,583 1.76% 1,216.71
2017 633,947,795 173,880,042 1.90% 1,391.17
2018 619,901,546 188,581,391 1.81% 1,483.81
2019 590,449,182 201,551,121 1.78% 1,554.76
(concluded)
Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements.
'See Table 5 for property value data.
2See Table 13 for population data.
3In 2010,the City began issuing Certificates of Obligation not only for general government purposes which are repaid by
property taxes,but also for utility related projects of the City.The Certificates of Obligation issued for utility purposes are
repaid from the specific utility fund as revenue supported for which the debt was issued.
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CITY OF DENTON,TEXAS Table 11
DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT
AS OF SEPTEMBER 30,2019
Estimated
Estimated Share of
Debt Percentage Overlapping
Governmental Unit Outstanding Applicable' Debt
Debt repaid with property taxes:
Denton Independent School District $ 1,129,693,172 62.06% $ 701,087,582
Denton County 590,380,000 12.50% 73,797,500
Argyle Independent School District 192,862,890 8.63% 16,644,067
Aubrey Independent School District 83,637,910 0.11% 92,002
Krum Independent School District 37,500,866 8.38% 3,142,573
Lake Dallas Independent School District 151,925,180 1.54% 2,339,648
Pilot Point Independent School District 14,990,000 1.92% 287,808
Ponder Independent School District 14,774,862 1.25% 184,686
Sanger Independent School District 19,490,524 0.35% 68,217
Subtotal,overlapping debt 797,644,083
City of Denton,direct debt 100.00% 231,817,343
Total direct and overlappping debt $ 1,029,461,426
Ratio of direct and overlapping funded debt to the City's taxable assessed valuation 9.10%
Per capita overlapping funded debt $ 7,941
Source: Municipal Advisory Council of Texas website
Note: Overlapping governments are those that coincide,at least in part,with the geographic boundaries
of the city. This schedule estimates the portion of the outstanding debt of those overlapping governments
that is borne by the residents and businesses of the City of Denton. This process recognizes that,when
considering the City of Denton's ability to issue and repay long-term debt,the entire debt burden borne by
the residents and businesses should be taken into account. However,this does not imply that every
taxpayer is a resident,and therefore responsible for repaying the debt,of each overlapping government.
'The percentage of overlapping debt applicable is estimated using taxable assessed property values.
Applicable percentages were estimated by determining the portion of the overlapping government's
taxable assessed value that is within the City of Denton's boundaries and dividing it by the overlapping
government's total taxable assessed value.
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CITY OF DENTON,TEXAS Table 12
PLEDGED REVENUE COVERAGE
LAST TEN FISCAL YEARS
Utility System'Revenue Bonds
Less: Add:
Fair Market Less: Franchise Fees
Value Operating and Return
Adjustment Expenses on Investment
Fiscal Operating Investment to Investment Impact Fee Before Paid to
Year Revenue Revenue Revenue Revenue Depreciation General Fund
2010 $ 166,295,694 $ 1,593,161 $ (550,830) $ 3,186,225 $ 137,201,402 $ 12,828,293
2011 186,359,226 1,340,539 (66,712) 5,205,889 136,774,866 14,304,393
2012 189,645,277 1,477,452 110,626 3,542,829 139,801,421 14,414,769
2013 197,126,041 983,424 (227,534) 3,704,336 164,688,198 14,582,800
2014 208,666,178 1,225,879 46,226 5,191,886 175,620,125 15,278,150
2015 229,583,483 1,512,820 156,230 6,476,021 175,131,645 16,356,904
2016 229,086,008 1,772,813 (132,432) 7,286,409 163,392,323 17,027,566
2017 239,310,663 3,150,469 (737,238) 7,409,026 182,455,762 18,215,432
2018 271,387,844 3,599,667 (707,351) 11,867,205 177,438,191 20,089,862
2019 311,420,814 7,852,695 2,174,835 11,945,407 236,743,123 20,527,742
(continued on the following page)
Source: Comprehensive Annual Financial Reports
1The Utility System includes the Electric,Water,and Wastewater funds.
2For the coverage calculation,the fair market adjustment to the value of investments is excluded.
3For the coverage calculation,franchise fees and return on investment payments to the General Fund
are excluded from operating expenses.
4Revenue bond covenants required a times coverage of 1.25 or greater through fiscal year 2016.
Starting in fiscal year 2017,revenue bond convenants require a times coverage of 1.00 or greater.
5Total times coverage provided to assess total bond debt related to the Utility System.
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CITY OF DENTON,TEXAS Table 12
PLEDGED REVENUE COVERAGE(concluded)
LAST TEN FISCAL YEARS
Utility System'Revenue Bonds
Certificate of Obligation&
Net Revenue Bond Debt General Obligation Bond Debt Total
Fiscal Available Times Times Times
Year Revenue Principal Interest Coverage Principal Interest Coverage Coverages
2010 $ 47,252,801 $ 13,180,000 $ 9,208,682 2.11 - - N/A 2.11
2011 70,501,893 8,460,000 7,982,284 4.29 4,610,000 7,315,189 5.91 2.49
2012 69,168,280 12,630,000 7,028,800 3.52 11,880,000 7,477,233 3.57 1.77
2013 51,935,937 13,260,000 6,437,088 2.64 9,940,000 9,115,348 2.73 1.34
2014 54,695,742 11,570,000 4,902,319 3.32 11,860,000 10,306,245 2.47 1.42
2015 78,641,353 10,210,000 2,551,456 6.16 15,535,000 14,115,713 2.65 1.85
2016 91,912,905 10,210,000 2,551,456 7.20 18,800,000 18,258,583 2.48 1.84
2017 86,367,066 - 3,680,389 23.47 25,495,000 21,419,293 1.84 1.71
2018 130,213,738 - 10,685,000 12.19 31,035,000 22,962,237 2.41 2.01
2019 112,828,700 - 10,685,000 10.56 34,805,000 21,067,832 2.02 1.70
(concluded)
Source: Comprehensive Annual Financial Reports
'The Utility System includes the Electric,Water,and Wastewater funds.
2For the coverage calculation,the fair market adjustment to the value of investments is excluded.
3For the coverage calculation,franchise fees and return on investment payments to the General Fund
are excluded from operating expenses.
4Revenue bond covenants required a times coverage of 1.25 or greater through fiscal year 2016.
Starting in fiscal year 2017,revenue bond convenants require a times coverage of 1.00 or greater.
5Total times coverage provided to assess total bond debt related to the Utility System.
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CITY OF DENTON,TEXAS Table 13
DEMOGRAPHIC AND ECONOMIC STATISTICS
LAST TEN FISCAL YEARS
Fiscal Estimated Personal Per Capita Median Grade School University Unemployment
Year Population' Income Income2 Agee Enrollment3 Enrollment4 Rates
2010 113,383 2,467,894,378 21,766 28.9 24,047 47,236 6.6%
2011 114,517 2,621,408,647 22,891 28.9 24,901 47,720 6.3%
2012 115,662 2,489,161,902 21,521 27.0 25,791 48,227 5.5%
2013 117,397 2,769,630,024 23,592 26.9 26,339 48,584 5.2%
2014 119,158 2,936,410,594 24,643 27.5 27,105 48,497 4.2%
2015 120,945 2,934,125,700 24,260 27.9 27,473 49,665 3.4%
2016 122,759 2,950,758,083 24,037 28.4 28,658 50,809 3.5%
2017 124,988 3,239,064,020 25,915 28.5 29,433 50,911 3.1%
2018 127,093 3,325,388,345 26,165 29.1 30,219 51,100 3.1%
2019 129,635 3,567,425,565 27,519 29.9 30,973 52,368 2.8%
Sources:
'City of Denton Planning and Development Department estimate. Prior population figures have been adjusted to reflect the 2010
census data.
2United States Census and Denton Chamber of Commerce
3Denton Independent School District
4University of North Texas'and Texas Woman's University's Denton campus enrollment
TTexas Workforce Commission estimate
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CITY OF DENTON,TEXAS Table 14
PRINCIPAL EMPLOYERS
CURRENT YEAR AND NINE YEARS AGO
2019 2010
Percentage Percentage
of Total City of Total City
Name of Employer Employees Employment Name of Employer Employees Employment
University of North Texas 4,626 6.13% University of North Texas 7,949 13.16%
Denton Independent 4,417 5.85% Denton Independent 2,600 4.30%
School District School District
Peterbilt Motors- Texas Woman's
Headquarters&Plant 3,075 4.08% University 1,620 2.68%
Texas Woman's
University 1,875 2.48% Denton State School 1,533 2.54%
Denton State Supported ° Peterbilt Motors- °
Living Center 1,700 2.25/o Headquarters&Plant 1,450 2.40/o
Denton County ° Denton County °
(in Denton) 1,681 2.23/° (in Denton) 1,441 2.39/o
City of Denton 1,623 2.15% City of Denton 1,319 2.18%
Texas Presbyterian 1,076 1.43% Denton Regional Medical 850 1.41%
Hospital Center
Medical City Denton 950 1.26% Presbyterian Hospital of 800 1.32%
Denton
Sally Beauty Holdings, 950 1.26% Sally Beauty Company 750 1.24%
Inc Headquarters
Total 21,973 29.120/0 Total 20,312 33.62%
Source: Office of Economic Development&Denton Chamber of Commerce
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CITY OF DENTON,TEXAS Table 15
FULL-TIME EQUIVALENT CITY GOVERNMENT EMPLOYEES BY FUNCTION/PROGRAM
LAST TEN FISCAL YEARS
Full-time Equivalent Employees for Fiscal Year
Function/Program 2010 2011 2012 2013 2014
General government 194.63 195.00 204.25 210.25 210.25
Public safety
Police 217.23 222.23 217.23 219.23 225.23
Fire 163.25 163.25 163.25 167.75 167.75
Animal services 8.00 8.00 9.00 11.00 11.00
Municipal Court/Judge 17.50 18.50 19.50 19.50 19.50
Public Safety Communication' - - - - -
Public works 39.00 39.00 41.00 44.00 46.00
Parks and recreation 143.08 142.58 141.08 143.35 145.81
Electric system 129.50 129.50 131.50 143.00 164.00
Water system 158.00 158.50 158.00 154.00 133.50
Wastewater system 86.37 88.37 92.37 97.25 100.75
Solid waste 93.50 98.50 105.50 115.00 117.00
Airport - 5.00 5.50 6.50 6.50
Materials management 13.50 13.50 12.00 13.00 15.00
Fleet services 21.00 21.00 22.00 22.00 22.00
Technology services 25.00 26.00 27.00 29.00 31.00
Engineering - - - - 31.00
Risk Retention 5.00 5.00 6.00 6.00 6.00
Customer Service - - - - -
Total 1,314.56 1,333.93 1,355.18 1,400.83 1,452.29
(continued on the following page)
Source: City of Denton Budget Office
Public Safety Communication moved out of Police in fiscal year 2019 into its own department.
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CITY OF DENTON,TEXAS Table 15
FULL-TIME EQUIVALENT CITY GOVERNMENT EMPLOYEES BY FUNCTION/PROGRAM(concluded)
LAST TEN FISCAL YEARS
Full-time Equivalent Employees for Fiscal Year
Function/Program 2015 2016 2017 2018 2019
General government 218.75 229.75 224.75 224.25 226.50
Public safety
Police 228.23 230.23 249.73 253.73 239.73
Fire 168.25 177.25 184.25 191.25 194.25
Animal services 13.00 13.00 14.00 14.00 16.50
Municipal Court/Judge 19.00 19.00 18.00 17.00 15.50
Public Safety Communication' - - - - 30.00
Public works 49.50 54.50 61.00 60.00 55.00
Parks and recreation 145.81 148.48 157.73 157.73 163.93
Electric system 174.00 188.00 191.00 199.00 187.00
Water system 140.50 144.50 151.50 149.00 105.50
Wastewater system 108.75 111.25 111.25 110.00 113.50
Solid waste 120.00 124.50 132.50 132.50 122.50
Airport 7.50 7.50 6.50 6.00 6.00
Materials management 15.00 16.00 17.00 18.00 23.00
Fleet services 22.00 24.00 24.00 23.00 26.00
Technology services 36.00 36.00 43.00 44.00 56.75
Engineering 34.00 34.00 35.00 36.00 52.00
Risk Retention 8.00 8.00 9.00 9.00 10.00
Customer Service - - - - 42.50
Total 1,508.29 1,565.96 1,630.21 1,644.46 1,686.16
(concluded)
Source: City of Denton Budget Office
Public Safety Communication moved out of Police in fiscal year 2019 into its own department.
189
145
CITY OF DENTON,TEXAS Table 16
OPERATING INDICATORS BY FUNCTION/PROGRAM
LAST TEN FISCAL YEARS
Fiscal Year
Function/Program 2010 2011 2012 2013 2014
Public Safety
Police
Calls for service 83,746 84,899 81,104 81,084 83,704
Traffic citations issued 33,990 29,162 28,327 30,166 27,160
Fire
Fire calls for service 3,199 3,423 3,316 3,845 4,183
EMS calls for service 7,255 7,458 7,657 7,717 7,977
Inspections(Businesses) 4,739 4,370 4,310 4,366 4,830
Animal Services
Animals sheltered 5,042 4,936 5,467 5,420 5,072
Animals adopted,transferred,or returned 3,264 3,730 4,332 4,209 3,895
Public Works
Street repaving(lane miles) 10.27 8.33 15.43 10.26 25.59
Pot holes repaired 20,988 10,535 10,807 7,227 8,996
Cutouts base failures(square feet) 169,396 146,925 102,879 114,448 72,098
Crack seal maintenance(linear feet) 53,712 116,556 117,780 155,838 77,451
Parks and Recreation
Attendance
Leisure Services 1,153,632 1,093,705 969,858 909,395 1,060,988
Water Park 193,361 200,553 212,123 215,605 209,406
Total Acres Maintained 2,633 2,570 2,405 2,272 2,425
Water
Number of customers 30,889 31,222 31,372 31,837 32,405
Annual finished water production
(in thousand gallons) 6,209,966 7,331,902 6,750,840 6,827,186 6,155,724
Wastewater
Number of customers 29,105 29,519 29,772 30,103 30,562
Annual wastewater discharge
(in thousand gallons) 5,617,490 4,852,097 4,966,250 4,943,270 4,926,080
Solid Waste
Number of customers
(residential and commercial) 32,044 32,621 33,049 34,003 36,593
MSW Landfilled(tons) 140,284 149,930 164,436 176,076 203,928
Recycling collections(tons) 50,246 73,912 86,887 96,055 87,655
(continued on the following page)
Source: Various city departments
190
146
CITY OF DENTON,TEXAS Table 16
OPERATING INDICATORS BY FIINCTION/PROGRAM(concluded)
LAST TEN FISCAL YEARS
Fiscal Year
Function/Program 2015 2016 2017 2018 2019
Public Safety
Police
Calls for service 84,434 86,399 87,122 81,672 87,847
Traffic citations issued 22,022 20,207 22,323 20,251 22,747
Fire
Fire calls for service 3,933 4,511 4,651 4,978 3,502
EMS calls for service 8,079 8,943 9,687 9,876 9,130
Inspections(Businesses) 4,066 4,361 3,988 4,142 3,537
Animal Services
Animals sheltered 4,876 5,032 4,944 4,924 5,027
Animals adopted,transferred,or returned 3,870 4,468 4,203 4,236 4,065
Public Works
Street repaving(lane miles) 18.21 25.69 28.36 32.01 16.89
Pot holes repaired 11,872 15,254 16,972 6,228 6,658
Cutouts base failures(square feet) 99,085 152,002 95,601 328,022 72,819 '
Crack seal maintenance(linear feet) 59,115 37,828 119,611 438,240 47,908
Parks and Recreation
Attendance
Leisure Services 967,132 1,007,102 1,082,246 1,166,987 1,000,918
Water Park 218,232 224,893 232,527 210,171 218,326
Total Acres Maintained 2,469 2,511 2,206 2,245 1,990
Water
Number of customers 33,465 34,198 34,714 35,945 36,876
Annual finished water production
(in thousand gallons) 6,355,608 6,301,333 6,368,582 7,141,131 6,706,951
Wastewater
Number of customers 31,243 32,077 32,618 33,987 34,873
Annual wastewater discharge
(in thousand gallons) 5,834,100 6,111,680 5,175,571 4,548,900 5,335,150
Solid Waste
Number of customers
(residential and commercial) 37,540 39,806 41,219 42,499 43,256
MSW Landfilled(tons) 227,859 251,305 268,000 276,537 310,487
Recycling collections(tons) 81,558 113,743 117,155 105,493 48,025
(concluded)
Source: Various city departments
1The City did less route and seal of the concrete pavement and more clean and seal of asphalt pavement during the year.
The drop in#of cutouts and crack seal maintenance was due to resources beign allocated to other projects and programs.
191
147
CITY OF DENTON,TEXAS Table 17
CAPITAL ASSET STATISTICS BY FUNCTION/PROGRAM
LAST TEN FISCAL YEARS
Fiscal Year
Function/Program 2010 2011 2012 2013 2014
Public safety
Police
Police stations 1 1 1 1 1
Police patrol units 149 143 139 137 138
Fire
Fire stations 7 7 7 7 7
Emergency vehicles 30 30 30 31 31
Animal services
Animals shelters 1 1 1 1 1
Public works
Lane miles added per year 41.77 1.56 2.45 12.00 12.20
Streetlights 7,016 6,996 6,987 7,020 7,067
Parks and recreation
Parks 34 34 34 34 34
Parks and open spaces acreage 1,341 1,332 1,431 1,461 1,783
Recreation centers 12 12 12 12 12
Water
Water mains(miles) 558 560 565 572 592
Raw water(in thousand gallons) 6,416,086 7,572,149 7,013,351 6,776,717 6,195,624
Wastewater
Wastewater mains(miles) 495 496 501 509 513
Maximum daily capacity(in million gallons) 25 25 25 25 25
Solid waste
Landfills 1 1 1 1 1
(continued on the following page)
Source: Various city departments
192
148
CITY OF DENTON,TEXAS Table 17
CAPITAL ASSET STATISTICS BY FUNCTION/PROGRAM(concluded)
LAST TEN FISCAL YEARS
Fiscal Year
Function/Program 2015 2016 2017 2018 2019
Public safety
Police
Police stations 1 1 1 1 1
Police patrol units 137 141 147 155 168
Fire
Fire stations 7 7 7 7 7
Emergency vehicles 32 36 36 37 37
Animal services
Animals shelters 1 1 1 1 1
Public works
Lane miles added per year 5.83 8.11 22.45 22.64 85.60
Streetlights 7,164 7,233 7,414 7,771 7,889
Parks and recreation
Parks 34 34 34 34 34
Parks and open spaces acreage 1,783 2,284 2,284 2,245 4,033
Recreation centers 12 12 12 12 12
Water
Water mains(miles) 604 618 626 631 631
Raw water(in thousand gallons) 6,493,457 6,182,450 6,232,032 6,946,073 6,473,664
Wastewater
Wastewater mains(miles) 516 521 526 533 533
Maximum daily capacity(in million gallons) 25 25 25 25 25
Solid waste
Landfills 1 1 1 1 1
(concluded)
Source: Various city departments
193
149
CITY
OF
DENTON
CITY OF DENTON,TEXAS Exhibit XXXI
SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL
GENERAL FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Actual on a Final Budget-
Budgeted Amounts Budgetary Positive
Original Final Basis (Negative)
EXPENDITURES:
Personal Service $ 1,654,392 $ 1,654,392 $ 1,748,551 $ (94,159)
Materials and Supplies 37,945 45,116 40,499 4,617
Maintenance and Repairs 1,800 1,800 1,095 705
Insurance 21,067 21,067 21,067 -
Miscellaneous 58,275 106,421 113,695 (7,274)
Operations,Services 153,625 208,049 210,864 (2,815)
Transfers-Interfund 199,101 199,848 209,159 (9,311)
Capital Outlay - - 6,688 (6,688)
City Manager's Office 2,126,205 2,236,693 2,351,618 (114,925)
Personal Service 303,442 303,442 302,689 753
Materials and Supplies 700 700 1,136 (436)
Insurance 4,609 4,609 4,609 -
Miscellaneous 1,000 1,000 1,050 (50)
Operations,Services 13,866 13,866 6,835 7,031
Transfers-Interfund 14,980 14,980 15,637 (657)
Cable Television 338,597 338,597 331,956 6,641
Personal Service 479,586 479,586 383,415 96,171
Materials and Supplies 10,800 10,800 8,873 1,927
Insurance 2,269 2,269 2,269 -
Miscellaneous - - 193 (193)
Operations,Services 56,250 56,001 49,881 6,120
Transfers-Interfund - 249 249 -
Internal Audit 548,905 548,905 444,880 104,025
Personal Service 800,346 800,346 803,267 (2,921)
Materials and Supplies 173,475 173,475 162,890 10,585
Insurance 4,102 4,102 4,102 -
Miscellaneous - 356,486 - 356,486
Operations,Services 356,486 21,800 289,732 (267,932)
Transfers-Interfund 21,800 - 22,676 (22,676)
Public Communications 1,356,209 1,356,209 1,282,667 73,542
Personal Service 1,238,813 1,225,101 1,153,309 71,792
Materials and Supplies 29,900 29,900 16,042 13,858
Maintenance and Repairs 500 500 - 500
Insurance 20,333 20,333 20,333 -
Miscellaneous 45,000 45,000 47,997 (2,997)
Operations,Services 381,971 395,683 409,009 (13,326)
Transfers-Interfund 110,952 110,952 115,321 (4,369)
Human Resources 1,827,469 1,827,469 1,762,011 65,458
Personal Service 2,329,996 2,228,740 2,071,664 157,076
Materials and Supplies 58,763 81,629 72,080 9,549
Insurance 17,466 17,466 17,466 -
Operations,Services 210,755 250,755 227,002 23,753
Transfers-Interfund 86,549 124,939 159,318 (34,379)
Legal Administration $ 2,703,529 $ 2,703,529 $ 2,547,530 $ 155,999
(continued on the following page)
195
151
CITY OF DENTON,TEXAS Exhibit XXXI
SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL
GENERAL FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Actual on a Final Budget-
Budgeted Amounts Budgetary Positive
Original Final Basis (Negative)
EXPENDITURES:
Personal Service S 395,919 $ 395,919 $ 372,655 $ 23,264
Materials and Supplies 4,576 4,576 1,746 2,830
Insurance 5,145 5,145 5,145 -
Miscellaneous - - 28 (28)
Operations,Services 7,285 7,285 6,711 574
Transfers-Interfund 35,236 35,236 36,550 (1,314)
Municipal Judge 448,161 448,161 422,835 25,326
Personal Service 2,039,891 2,039,891 1,874,016 165,875
Materials and Supplies 46,551 46,551 66,968 (20,417)
Maintenance and Repairs - - 722 (722)
Insurance 28,943 28,943 28,943 -
Miscellaneous 43,181 43,181 11,377 31,804
Operations,Services 1,179,787 697,367 667,168 30,199
Transfers-Interfund 225,208 707,628 715,730 (8,102)
Planning 3,563,561 3,563,561 3,364,924 198,637
Personal Service 2,595,295 2,595,295 2,638,674 (43,379)
Materials and Supplies 62,242 61,879 43,668 18,211
Maintenance and Repairs - - 1,817 (1,817)
Insurance 41,679 41,679 41,679 -
Miscellaneous - - 90 (90)
Operations,Services 113,772 113,772 81,366 32,406
Transfers-Interfund 239,898 240,261 247,925 (7,664)
Building Inspections 3,052,886 3,052,886 3,055,219 (2,333)
Personal Service 138,907 138,907 130,687 8,220
Materials and Supplies 202,800 202,800 179,377 23,423
Maintenance and Repairs 3,000 3,000 1,759 1,241
Insurance 2,454 2,454 2,454 -
Operations,Services 3,635 3,635 6,771 (3,136)
Transfers-Interfund 14,662 14,662 15,319 (657)
Reprographics 365,458 365,458 336,367 29,091
Personal Service 364,544 364,544 123,244 241,300
Materials and Supplies 7,100 6,600 470 6,130
Maintenance and Repairs 200 200 77 123
Insurance 4,894 4,894 4,894 -
Miscellaneous 250 250 58 192
Operations,Services 10,308 10,808 175,404 (164,596)
Transfers-Interfund 28,310 28,310 28,528 (218)
Gas Well Review 415,606 415,606 332,675 82,931
Personal Service 900,649 900,649 920,497 (19,848)
Materials and Supplies 45,100 45,100 36,218 8,882
Insurance 41,660 41,660 41,660 -
Miscellaneous 50 166 165 1
Operations,Services 503,547 503,431 371,587 131,844
Transfers-Interfund 70,722 70,722 73,130 (2,408)
Community Improvement $ 1,561,728 $ 1,561,728 $ 1,443,257 $ 118,471
(continued on the following page)
196
152
CITY OF DENTON,TEXAS Exhibit XXXI
SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL
GENERAL FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Actual on a Final Budget-
Budgeted Amounts Budgetary Positive
Original Final Basis (Negative)
EXPENDITURES:
Personal Service $ 1,080,339 $ 1,080,339 $ 903,423 $ 176,916
Materials and Supplies 39,900 39,900 40,191 (291)
Insurance 20,077 20,077 20,077 -
Miscellaneous 1,200 1,200 45 1,155
Operations,Services 35,111 34,187 29,502 4,685
Transfers-Interfund 96,920 97,844 101,737 (3,893)
Municipal Court 1,273,547 1,273,547 1,094,975 178,572
Personal Service 2,996,360 2,883,541 2,756,258 127,283
Materials and Supplies 80,378 80,378 42,329 38,049
Maintenance and Repairs 1,800 1,800 899 901
Insurance 29,809 29,809 29,809 -
Miscellaneous 1,415 1,415 2,497 (1,082)
Operations,Services 132,245 141,498 111,095 30,403
Transfers-Interfund 378,487 379,234 385,079 (5,845)
Finance 3,620,494 3,517,675 3,327,966 189,709
Personal Service 670,254 670,254 664,886 5,368
Materials and Supplies 39,650 39,650 28,573 11,077
Maintenance and Repairs 5,600 4,600 4,412 188
Insurance 8,437 8,437 8,437 -
Miscellaneous 85,397 85,397 77,894 7,503
Operations,Services 5,099,055 5,000,055 3,830,854 1,169,201
Transfers-Interfund 42,801 142,801 144,553 (1,752)
Economic Development 5,951,194 5,951,194 4,759,609 1,191,585
Personal Service 6,383,619 6,322,886 6,129,574 193,312
Materials and Supplies 651,939 671,939 572,861 99,078
Maintenance and Repairs 604,076 595,546 374,135 221,411
Insurance 139,144 139,144 139,144 -
Miscellaneous 1,940 1,940 2,627 (687)
Operations,Services 2,320,301 293019154 292739913 27,241
Transfers-Interfund 601,234 6699644 6789619 (8,975)
Capital Outlay - - 1209380 (120,380)
Parks&Recreation 10,702,253 1097029253 1092919253 411,000
Personal Service 1,876,724 198769724 197779904 98,820
Materials and Supplies 47,624 479624 579713 (10,089)
Maintenance and Repairs 1,346,371 1,221,016 1,106,413 114,603
Insurance 30,204 30,204 30,204 -
Miscellaneous 1,544 1,544 28 1,516
Operations,Services 1,212,736 1,212,736 1,251,195 (38,459)
Transfers-Interfund 871,777 997,132 396,265 600,867
Capital Outlay - - 77,098 (77,098)
Facilities Management 5,3869980 5,386,980 4,696,820 690,160
Personal Service 3,806,947 3,784,274 3,689,098 95,176
Materials and Supplies 152,671 161,222 144,505 16,717
Maintenance and Repairs 69,813 67,492 64,536 2,956
Insurance 899534 89,534 89,534 -
Operations,Services 4939370 494,184 446,554 47,630
Transfers-Interfund 850,943 880,248 9269446 (46,198)
Capital Outlay 500,400 486,724 4869708 16
Library $ 5,963,678 $ 5,963,678 $ 598479381 $ 116,297
(continued on the following page)
197
153
CITY OF DENTON,TEXAS Exhibit XXXI
SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL
GENERAL FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Actual on a Final Budget-
Budgeted Amounts Budgetary Positive
Original Final Basis (Negative)
EXPENDITURES:
Personal Service $ 213,488 $ 213,488 $ 38,882 $ 174,606
Materials and Supplies 5,950 5,950 2,222 3,728
Maintenance and Repairs 300 300 - 300
Insurance 3,740 3,740 3,740 -
Miscellaneous 1,400 1,400 21 1,379
Operations,Services 163,233 163,233 136,597 26,636
Transfers-Interfund 10,180 10,180 10,618 (438)
Transportation Operations 398,291 398,291 192,080 206,211
Personal Service 945,373 945,373 948,907 (3,534)
Materials and Supplies 15,308 15,308 14,032 1,276
Maintenance and Repairs 841,100 841,100 791,147 49,953
Insurance 21,699 21,699 21,699 -
Miscellaneous 2,200 2,200 1,375 825
Operations,Services 152,888 152,888 126,141 26,747
Transfers-Interfund 113,958 113,958 117,630 (3,672)
Capital Outlay - - 41,094 (41,094)
Traffic Operations 2,092,526 2,092,526 2,062,025 30,501
Operations,Services 777,000 777,000 825,907 (48,907)
Street Lighting 777,000 777,000 825,907 (48,907)
Personal Service 30,691,696 30,691,696 29,702,779 988,917
Materials and Supplies 492,714 497,006 565,698 (68,692)
Maintenance and Repairs 228,333 3,945 5,438 (1,493)
Insurance 569,628 569,628 569,628 -
Miscellaneous 200,664 200,664 196,588 4,076
Operations,Services 1,087,502 1,310,107 1,435,642 (125,535)
Transfers-Interfund 2,417,854 2,424,498 2,453,452 (28,954)
Police 35,697,544 35,697,544 34,929,225 768,319
Personal Service 980,804 980,804 1,219,281 (238,477)
Materials and Supplies 56,134 56,134 104,048 (47,914)
Maintenance and Repairs 20,900 20,900 12,494 8,406
Insurance 27,150 27,150 27,150 -
Operations,Services 441,948 441,948 533,322 (91,374)
Transfers-Interfund 102,142 102,142 113,351 (11,209)
Capital Outlay - 4,187 5,303 (1,116)
Animal Services 1,629,078 1,633,265 2,014,949 (381,684)
Personal Service 25,986,804 25,986,804 25,830,142 156,662
Materials and Supplies 619,458 602,874 581,098 21,776
Maintenance and Repairs 258,163 277,228 254,007 23,221
Insurance 297,209 297,209 297,209 -
Miscellaneous 94,200 86,300 80,552 5,748
Operations,Services 1,762,313 1,753,732 2,003,703 (249,971)
Transfers-Interfund 1,232,427 1,268,427 1,430,929 (162,502)
Capital Outlay 80,000 58,000 - 58,000
Fire $ 30,330,574 $ 30,330,574 $ 30,477,640 $ (147,066)
(continued on the following page)
198
154
CITY OF DENTON,TEXAS Exhibit XXXI
SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL(concluded)
GENERAL FUND
FOR THE YEAR ENDED SEPTEMBER 30,2019
Variance with
Actual on a Final Budget-
Budgeted Amounts Budgetary Positive
Original Final Basis (Negative)
EXPENDITURES:
Personal Service $ 303,674 $ 303,674 $ 245,217 $ 58,457
Materials and Supplies 5,465 5,465 2,228 3,237
Maintenance and Repairs - - 688 (688)
Insurance 4,330 4,330 4,330 -
Miscellaneous 322,500 322,500 327,090 (4,590)
Operations,Services 8,925 8,925 28,145 (19,220)
Transfers-Interfund 28,034 28,034 29,348 (1,314)
Agency Contributions 672,928 672,928 637,046 35,882
Personal Service (1,950,000) (1,950,000) 57,169 (2,007,169)
Materials and Supplies 40,000 40,000 1,583 38,417
Maintenance and Repairs - - 10,887 (10,887)
Miscellaneous 299,850 299,850 301,021 (1,171)
Operations,Services 1,620,304 1,608,448 1,721,324 (112,876)
Transfers-Interfund 6,369,881 6,369,881 5,545,640 824,241
Miscellaneous/Finance 6,380,035 6,368,179 7,637,624 (1,269,445)
Personal Service 87,227,862 86,916,669 86,486,188 430,481
Materials and Supplies 2,927,143 2,972,576 2,787,048 185,528
Maintenance and Repairs 3,381,956 3,039,427 2,630,526 408,901
Insurance 1,435,582 1,435,582 1,435,582 -
Miscellaneous 1,160,066 1,556,914 1,164,391 392,523
Operations,Services 18,298,218 17,682,547 17,256,224 426,323
Transfers-Interfund 14,164,056 15,031,810 13,973,209 1,058,601
Capital Outlay 589,553 548,911 737,271 (188,360)
TOTAL GENERAL FUND $ 129,184,436 $ 129,184,436 $ 126,470,439 $ 2,713,997
(concluded)
199
155
CITY
OF
DENTON
CITI'
0 -
OF
DENTON
Published 03/2020
ADA/EOE/ADEA
TDD: (800)735-2989
www.cityofdenton.com
201
CITY OF DENTON, TEXAS
SINGLE AUDIT REPORT
FOR THE YEAR ENDED SEPTEMBER 30, 2019
202
CITY OF DENTON,TEXAS
TABLE OF CONTENTS
SEPTEMBER 30, 2019
Page
Number
Independent Auditor's Report on Internal Control Over
Financial Reporting and on Compliance and Other Matters
Based on an Audit of Financial Statements Performed in
Accordance with Government Auditing Standards.................................................................. 1 -2
Independent Auditor's Report on Compliance for Each Major
Federal and State Program,and Report on Internal Control Over
Compliance in Accordance with the Uniform Guidance and
The State of Texas Uniform Grant Management Standards.................................................... 3 - 5
Schedule of Expenditures of Federal and State Awards.............................................................. 6 - 8
Notes to Schedule of Expenditure of Federal and State Awards................................................. 9
Schedule of Findings and Questioned Costs............................................................................... 10 - 11
Schedule of Prior Year Findings and Questioned Costs.............................................................. 12
203
• PATTILLO, BROWN & HILL, L.L.P.
PH`` 401 West State Highway
Waco,Texas
s 7671710
254.772.4901 pbhcpa.com
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL
OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED
IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Honorable Mayor and
Members of the City Council
City of Denton, Texas
We have audited, in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards issued by
the Comptroller General of the United States,the financial statements of the governmental activities, the business-
type activities, each major fund, and the aggregate remaining fund information of the City of Denton, Texas as of
and for the year ended September 30, 2019, and the related notes to the financial statements, which collectively
comprise the City of Denton, Texas' basic financial statements, and have issued our report thereon dated March
13,2020.
Internal Control over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City of Denton,
Texas' internal control over financial reporting (internal control) to determine the audit procedures that are
appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not
for the purpose of expressing an opinion on the effectiveness of the City of Denton, Texas' internal control.
Accordingly,we do not express an opinion on the effectiveness of the City of Denton,Texas' internal control.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees in the normal course of performing their assigned functions, to prevent, or detect and
correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in
internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial
statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a
deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet
important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this
section and was not designed to identify all deficiencies in internal control that might be material weaknesses or
significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal
control over financial reporting that we consider to be material weaknesses. However, material weaknesses may
exist that have not been identified.
1
OFFICE LOCATIONS
TEXAS I Waco Temple I Hillsboro I Houston IW AICPA
NEW MEXICO Albuquerque GAQC Member
204
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City of Denton, Texas' financial statements
are free from material misstatement, we performed tests of its compliance with certain provisions of laws,
regulations, contracts, and grant agreements,noncompliance with which could have a direct and material effect on
the determination of financial statement amounts. However, providing an opinion on compliance with those
provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of
our tests disclosed no instances of noncompliance or other matters that are required to be reported under
Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance
and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or
on compliance. This report is an integral part of an audit performed in accordance with Government Auditing
Standards in considering the entity's internal control and compliance. Accordingly, this communication is not
suitable for any other purpose.
Pail'&o L.L..P
Waco, Texas
March 13, 2020
2
205
PATTILLO, BROWN & HILL, L.L.P.
yvz�—nl
401 West State Highway 6
Waco,Texas 76710
254.772.4901 pbhcpa.com
INDEPENDENT AUDITORS' REPORT ON COMPLIANCE FOR EACH MAJOR
FEDERAL AND STATE PROGRAM AND REPORT ON INTERNAL CONTROL
OVER COMPLIANCE IN ACCORDANCE WITH THE UNIFORM GUIDANCE
AND THE STATE OF TEXAS UNIFORM GRANT MANAGEMENT STANDARDS
Honorable Mayor and
Members of the City Council
City of Denton, Texas
Report on Compliance for Each Major Federal and State Program
We have audited the City of Denton, Texas' compliance with the types of compliance requirements
described in the OMB Compliance Supplement and the State of Texas Uniform Grants Management Standards
that could have a direct and material effect on each of the City of Denton, Texas' major federal and state
programs for the year ended September 30, 2019. The City of Denton, Texas' major federal and state programs
are identified in the summary of auditor's results section of the accompanying schedule of findings and
questioned costs.
Management's Responsibility
Management is responsible for compliance with federal and state statutes, regulations, and the terms and
conditions of its federal and state awards applicable to its federal and state programs.
Auditor's Responsibility
Our responsibility is to express an opinion on compliance for each of the City of Denton, Texas' major
federal and state programs based on our audit of the types of compliance requirements referred to above. We
conducted our audit of compliance in accordance with auditing standards generally accepted in the United States
of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by
the Comptroller General of the United States; the audit requirements of Title 2 U.S. Code of Federal Regulations
(CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards (Uniform Guidance); and the State of Texas Single Audit Circular. Those standards, the Uniform
Guidance and the State of Texas Single Audit Circular require that we plan and perform the audit to obtain
reasonable assurance about whether noncompliance with the types of compliance requirements referred to above
that could have a direct and material effect on each major federal or state program occurred. An audit includes
examining, on a test basis, evidence about City of Denton, Texas' compliance with those requirements and
performing such other procedures as we considered necessary in the circumstances.
3
OFFICE LOCATIONS AN
TEXAS I Waco Temple I Hillsboro I Houston ` AICPA
NEW MEXICO I Albuquerque GAQC Member
206
We believe that our audit provides a reasonable basis for our opinion on compliance for each major
federal and state program. However, our audit does not provide a legal determination of City of Denton, Texas'
compliance.
Opinion on Each Major Federal and State Program
In our opinion, the City of Denton, Texas complied, in all material respects,with the types of compliance
requirements referred to above that could have a direct and material effect on each of its major federal and state
programs for the year ended September 30,2019.
Report on Internal Control over Compliance
Management of the City of Denton, Texas is responsible for establishing and maintaining effective
internal control over compliance with the types of compliance requirements referred to above. In planning and
performing our audit of compliance, we considered City of Denton, Texas' internal control over compliance with
the types of requirements that could have a direct and material effect on each major federal and state program to
determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an
opinion on compliance for each major federal and state program and to test and report on internal control over
compliance in accordance with the Uniform Guidance and the State of Texas Uniform Grant Management
Standards, but not for the purpose of expressing an opinion on the effectiveness of internal control over
compliance. Accordingly, we do not express an opinion on the effectiveness of City of Denton, Texas' internal
control over compliance.
A deficiency in internal control over compliance exists when the design or operation of a control over
compliance does not allow management or employees, in the normal course of performing their assigned
functions, to prevent, or detect and correct noncompliance with a type of compliance requirement of a federal or
state program on a timely basis. A material weakness in internal control over compliance is a deficiency, or
combination of deficiencies in internal control over compliance, such that there is a reasonable possibility that
material noncompliance with a type of compliance requirement of a federal or state program will not be
prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over
compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of
compliance requirement of a federal or state program that is less severe than a material weakness in internal
control over compliance,yet important enough to merit attention by those charged with governance.
Our consideration of internal control over compliance was for the limited purpose described in the first
paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that
might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control
over compliance that we consider to be material weaknesses. However, material weaknesses may exist that were
not identified.
The purpose of this report on internal control over compliance is solely to describe the scope of our
testing of internal control over compliance and the results of that testing based on the requirements of the Uniform
Guidance and the State of Texas Uniform Grant Management Standards. Accordingly, this report is not suitable
for any other purpose.
4
207
Report on Schedule of Expenditures of Federal and State Awards Required by the Uniform Guidance and
the State of Texas Uniform Grant Management Standards
We have audited the financial statements of the governmental activities, the business-type activities, each
major fund, and the aggregate remaining fund information of the City of Denton, Texas as of and for the year
ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the City
of Denton, Texas' basic financial statements. We issued our report thereon dated March 13, 2020, which
contained unmodified opinions on those financial statements. Our audit was conducted for the purpose of forming
opinions on the financial statements that collectively comprise the basic financial statements. The accompanying
schedule of expenditures of federal and state awards is presented for purposes of additional analysis as required
by the Uniform Guidance and the State of Texas Uniform Grant Management Standards and is not a required part
of the basic financial statements. Such information is the responsibility of management and was derived from and
relates directly to the underlying accounting and other records used to prepare the basic financial statements. The
information has been subjected to the auditing procedures applied in the audit of the financial statements and
certain additional procedures, including comparing and reconciling such information directly to the underlying
accounting and other records used to prepare the basic financial statements or to the basic financial statements
themselves, and other additional procedures in accordance with auditing standards generally accepted in the
United States of America. In our opinion, the schedule of expenditures of federal and state awards is fairly stated,
in all material respects,in relation to the basic financial statements as a whole.
px�&0
Waco, Texas
March 13, 2020
5
208
CITY OF DENTON,TEXAS
SCHEDULE OF EXPENDITURES OF FEDERAL AND STATE AWARDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Federal Grantor/ Grant Federal Passed
Pass-Through Grantor/ I.D. CFDA Through to
Program Title Number Number Expenditures Subrecipients
Federal Awards
U.S.Department of Housing and Urban Development
Direct Awards:
Community Development Block Grant B-15-MC-48-0036 14.218 $ 19,090 $ -
Community Development Block Grant B-16-MC-48-0036 14.218 64,654 -
Community Development Block Grant B-17-MC-48-0036 14.218 285,721 84,204
Community Development Block Grant B-18-MC-48-0036 14.218 345,146 172,959
Community Development Block Grant B-19-MC-48-0036 14.218 48,600 -
Subtotal-CFDA#14.218 763,211 257,163
Home Investment Partnerships Program M-13-MC-48-0223 14.239 11,978 -
Home Investment Partnerships Program M-14-MC-48-0223 14.239 138,038 -
Home Investment Partnerships Program M-15-MC-48-0223 14.239 8,049 -
Home Investment Partnerships Program M-16-MC-48-0223 14.239 71,909 48,585
Home Investment Partnerships Program M-17-MC-48-0223 14.239 23,639 22,492
Home Investment Partnerships Program M-18-MC-48-0223 14.239 151,809 48,846
Subtotal-CFDA#14.239 405,422 119,923
Passed Through Texas Department of Housing and
Community Affairs:
2017-18 Emergency Solutions Grant 42170002813 14.231 41,587 41,587
Total U.S.Department of Housing and Urban
Development 1,210,220 418,673
U.S.Department of the Interior
Passed through Texas Historical Commission:
Historic Preservation-Certified Local Government
(CLG)Grant TX-18-026 15.904 20,000 -
Total U.S.Department of the Interior 20,000 -
U.S.Department of Justice
Direct Awards:
U.S.Marshals Violent Offenders Task Force VOTF 16.000 30,560 -
Organized Crime Drug Enforcement Task Force OCDETF 16.000 18,344 -
Victim Assistance Coordinator 2018-V2-GX-0040 16.575 20,182 -
Equitable Sharing Agreement&Certification TX610200 16.922 25,677 -
Total Direct Awards 94,763 -
Passed through International Association of Chiefs of Police:
Domestic and Sexual Violence Initiative Grant IACP-2018-7586-03 16.582 240,706 35,935
Total International Association of Chiefs of Police 240,706 35,935
Total U.S.Department of Justice 335,469 35,935
U.S.Department of Transportation
Passed through Texas Department of Transportation:
Evers Park Bridge&Trail(NW Denton Loop)Grant 0918-46-273 20.205 30,835 -
Traffic Signal Equipment Grant 2681-01-012 20.205 8,268 -
2019-DentonPD-S-1 YG-
State and Community Highway Safety Grant 00044 20.600 82,462 -
Total Texas Department of Transportation 121,565 -
Total U.S.Department of Transportation 121,565 -
6
209
CITY OF DENTON,TEXAS
SCHEDULE OF EXPENDITURES OF FEDERAL AND STATE AWARDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Federal Grantor/ Grant Federal Passed
Pass-Through Grantor/ I.D. CFDA Through to
Program Title Number Number Expenditures Subrecipients
Institute of Museum and Library Services
Passed through Texas State Library and Archives Commission:
Interlibrary Loan Program(ILL) LS-00-18-0044-18 45.310 33,552 -
Collaborative Summer Library Program LS-00-18-0044-18 45.310 1,482 -
Total Institute of Museum and Library Services 35,034 -
U.S.Department of Health and Human Services
Passed through Texas Health and Human Services Commission:
Ambulance Services-Uncompensated Care Cost 00008301 93.778 511,100 -
Total U.S.Department of Health and Human Services 511.100 -
U.S.Department of Homeland Security
Direct Awards:
Staffing for Adequate Fire&Emergency Response
(SAFER)Grant EMW-2016-FH-00195 97.083 510,687 -
Passed through Texas A&M Engineering Extension Office:
National Urban Search&Rescue Response System 47-100-769 97.025 121,811 -
Total Texas A&M Engineering Extension Office 121,811 -
Passed through Texas Department of Public Safety:
Emergency Management Performance Grant EMT-2019-EP-00005 97.042 40,009 -
2017 UASI Specialized Regional Response EMW-2017-SS-00005 97.067 29,574 -
2018 UASI SWAT Equipment EMW-2018-SS-00022-SO1 97.067 24,066 -
2018 UASI Fire EMS Rescuse Task Force EMW-2018-SS-00022-SO1 97.067 100,000 -
2018 SHSP SWAT Equipment Enhancement EMW- .067 23,549 -
Total Texas Department of Public Safety 217,198 -
Total U.S.Department of Homeland Security 849,696 -
Total Expenditures of Federal Awards 3,083,084 454,608
7
210
CITY OF DENTON,TEXAS
SCHEDULE OF EXPENDITURES OF FEDERAL AND STATE AWARDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Federal Grantor/ Grant Passed
Pass-Through Grantor/ I.D. Through to
Program Title Number Expenditures Subrecipients
State Awards
Texas Department of Transportation
Airport Maintenance Grant M1918DNTO 50,000 -
RTR-Mayhill Road From IH35 East to US 380 0918-46-246 10,820,636 -
RTR-Bonnie Brae Road-From IH35 East to US 377 0918-46-245 3,466,078 -
RTR-ITS Communication Trunk Lines 0918-46-244 941,378 -
RTR-McKinney Street(Formerly FM 426) 0918-46-298 2,498,158 -
Hickory Creek Road Project 0918-46-290 145,393 -
N TX Blvd Roundabout 0918-46-281 52,125 -
Total Texas Department of Transportation 17,973,768 -
Texas Office of the Governor
BG-Rifle-Resistant Body Armor Grant Program 2018-BG-ST-0025 82,542 -
Total Texas Office of the Governor 82,542 -
Office of the Texas Attorney General
Chapter 59 Asset Forfeitures N/A 26,290 -
Total Office of the Texas Attorney General 26,290 -
Texas A&M En¢ineerine Extension Office
Urban Search and Rescue Response System 47-100-769 193,560 -
Total Texas A&M Engineering Extension Office 193,560 -
Texas Intrastate Fire Mutual Aid System by Texas A&M
Forest Service
Trench Rescue Tech Training Tuition 1990 1,700 -
Confined Space Training Tuition 1990 2,250 -
Vehicle Rescue Tech Training Tuition 1990 1,500 -
Swift Water Rescue Training Tuition 1990 1,920 -
Total Texas Intrastate Fire Mutual Aid System
by Texas A&M Forest Service 7,370 -
Texas Comptroller of Public Accounts
Fire-Law Enforcement Officer Standards&Education N/A 2,406 -
Police-Law Enforcement Officer Standards&Education N/A 10,764 -
Reimbursement for Sexual Assault Examinations N/A 54,140 -
Total Texas Comptroller of Public Accounts 67,310 -
Total Expenditures of State Awards 18,350,840 -
Total Federal and State Financial Assistance Expended $ 21,433,924 $ 454,608
8
211
CITY OF DENTON,TEXAS
NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AND STATE AWARDS
FOR THE YEAR ENDED SEPTEMBER 30,2019
1. GENERAL
The accompanying schedule of expenditures of federal and state awards presents the activity of all applicable
federal and state awards of the City of Denton, Texas. The City's reporting entity is defined in Note I to the
City's basic financial statements. Federal and state awards received directly from federal and state agencies as
well as federal and state awards passed through other government agencies are included in the respective
schedule.
2. BASIS OF ACCOUNTING
The accompanying schedule of expenditures of federal and state awards is presented using modified accrual
basis of accounting,which is described in Note I to the City's basic financial statements.
3. RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Grant expenditure reports as of September 30, 2019, which have been submitted to grantor agencies will, in
some cases, differ slightly from amounts disclosed herein. The reports prepared for grantor agencies are
typically prepared at a later date and often reflect refined estimates of year-end accruals. The reports will agree
at termination of the grant as the discrepancies noted are timing differences.
4. NEGATIVE AMOUNTS
Pass-through amounts that were recorded as expenditures in prior years have been refunded to the City by
subrecipients.As a result of this,the affected grants reflect a negative balance on the Schedule of Expenditures
of Federal and State Awards.
5. INDIRECT COSTS
The City has not elected to use the 10%de minimis indirect cost rate as allowed in the Uniform Guidance,
Section 414.
9
212
CITY OF DENTON,TEXAS
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
FOR THE YEAR ENDED SEPTEMBER 30,2019
Section I: Summary of the Auditors'Results
Financial Statements:
An unmodified opinion was issued on the financial statements.
Internal control over financial reporting:
Material weakness(es)identified? No
Significant deficiency(ies)identified that are not
considered a material weakness? None reported
Noncompliance material to financial
statements noted? No
Federal and State Awards:
Internal control over major programs:
Material weakness(es)identified? No
Significant deficiency(ies)identified that are not
considered a material weakness? None reported
Type of auditors'report issued on compliance for
major federal and state programs Unmodified
Any audit findings disclosed that were required to be
reported in accordance with 2 CFR 200.516(a)or
the Uniform Grant Management Standards? None
Identification of major federal and state programs:
Federal:
14.218 Community Development Block Grant
State:
Regional Toll Revenue(RTR)Transportation Projects
The dollar threshold used to distinguish between type
A and type B federal programs. $750,000
The dollar threshold used to distinguish between type
A and type B state programs. $550,525
Low risk auditee statement
The City was classified as a low-risk auditee in the
context of 2 CFR 200 and in the context of the state of
Texas Uniform Grant Management Standards.
10
213
CITY OF DENTON,TEXAS
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
(Continued)
FOR THE YEAR ENDED SEPTEMBER 30, 2019
Findings Relating to the Financial Statements Which Are Required To Be Reported in Accordance with
Generally Accepted Government Auditing Standards
None
Findings and Questioned Costs for Federal and State Awards
None
11
214
c rn
car
DE N T O N 215 E.jUCKINNEY•DENTON,TEXAS 76201•(9-10)3.19-8200•FAX(940)3.19--206
SCHEDULE OF PRIOR YEAR FINDINGS AND RESPONSES
FOR THE YEAR ENDED SEPTEMBER 30,2019
None
12
215
PATTILLO, BROWN & HILL, L.L.P.
401 West state Highway 6
Waco,Texas 76710
254.772.4901 1 pbhcpa.com
Honorable Mayor and
Members of the City Council
City of Denton,Texas
We have audited the financial statements of the City of Denton,Texas(the City) as of and for the year
ended September 30,2019, and have issued our report thereon dated March 13,2020. Professional standards
require that we advise you of the following matters relating to our audit.
Our Responsibility in Relation to the Financial Statement Audit
As communicated in our engagement letter dated July 29, 2019, our responsibility, as described by
professional standards, is to form and express opinions about whether the financial statements that have been
prepared by management with your oversight are presented fairly, in all material respects, in accordance with
accounting principles generally accepted in the United States of America.Our audit of the financial statements does
not relieve you or management of your respective responsibilities.
Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain
reasonable,rather than absolute,assurance about whether the financial statements are free of material misstatement.
An audit of financial statements includes consideration of internal control over financial reporting as a basis for
designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the entity's internal control over financial reporting. Accordingly, as part of our
audit, we considered the internal control of the City of Denton, Texas solely for the purpose of determining our
audit procedures and not to provide any assurance concerning such internal control.
We are also responsible for communicating significant matters related to the audit that are, in our
professional judgment,relevant to your responsibilities in overseeing the financial reporting process. However,we
are not required to design procedures for the purpose of identifying other matters to communicate to you.
Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated to you.
Compliance with All Ethics Requirements Regarding Independence
The engagement team, others in our firm, and, as appropriate, our firm have complied with all relevant
ethical requirements regarding independence.
OFFICE LOCATIONS
TEXAS I Waco I Temple I Hillsboro I Houston ` AICPA
NEW MEXICO I Albuquerque GAQC Member
216
Qualitative Aspects of the Entity's Significant Accounting Practices
Significant Accounting Policies
Management has the responsibility to select and use appropriate accounting policies. A summary of the
significant accounting policies adopted by the City of Denton, Texas is included in Note 1 to the financial
statements. There have been no initial selection of accounting policies and no changes in significant accounting
policies or their application during the year. No matters have come to our attention that would require us, under
professional standards,to inform you about(1)the methods used to account for significant unusual transactions and
(2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of
authoritative guidance or consensus.
Significant Accounting Estimates
Accounting estimates are an integral part of the financial statements prepared by management and are based
on management's current judgments.Those judgments are normally based on knowledge and experience about past
and current events and assumptions about future events. Certain accounting estimates are particularly sensitive
because of their significance to the financial statements and because of the possibility that future events affecting
them may differ markedly from management's current judgments.
The most sensitive accounting estimates affecting the financial statements are:
Management's estimate of the allowance for uncollectible property taxes receivable is based on a historical
collection rate of outstanding property taxes. We evaluated the key factors and assumptions used to develop
the allowance in determining that it is reasonable in relation to the financial statements taken as a whole.
Management's estimate of the accumulated depreciation is based on the related estimated useful lives of
capital assets.We evaluated the key factors and assumptions used to develop these estimates in determining
that it is reasonable in relation to the financial statements taken as a whole.
Management's estimate of the allowance for uncollectible accounts for ambulance receivables is based on a
historical rate of ambulance receivables. We evaluated the key factors and assumptions used to develop the
allowance in determining that it is reasonable in relation to the financial statements taken as a whole.
Management's estimate of the allowance for uncollectible trade accounts receivable is based on a historical
rate of trade accounts receivable.We evaluated the key factors and assumptions used to develop the allowance
for uncollectible trade accounts receivable in determining that it is reasonable in relation to the financial
statements taken as a whole.
Management's estimate of the allowance for uncollectible court fines and fees receivable is based on a
historical collection rate of outstanding court fines and fees. We evaluated the key factors and assumptions
used to develop the allowance in determining that it is reasonable in relation to the financial statements taken
as a whole.
Management's estimate of the net pension and total OPEB liabilities and pension and OPEB costs are based
on actuarial assumptions which are determined by the demographics of the plans and future projections that
the actuary makes based on historical information of the plans and the investment market. We evaluated the
key factors and assumptions used to develop the net pension liability and total OPEB liabilities and determined
that they are reasonable in relation to the basic financial statements taken as a whole and in relation to the
applicable opinion units.
2
217
Management's estimate for closure and post-closure costs for the municipal land fill were based upon an
engineering study performed by Burns & McDonnell and updated using data and future trend assumptions
developed by management.We evaluated the key factors and assumptions used to develop the estimate of the
closure and post-closure costs in determining that they are reasonable in relation to the financial statements as
a whole.
Financial Statement Disclosures
Certain financial statement disclosures involve significant judgment and are particularly sensitive because
of their significance to financial statement users. The most sensitive disclosures affecting the City's financial
statements relate to the pension and OPEB liabilities and the landfill post-closure costs liability.
The disclosures in the financial statements are neutral,consistent,and clear.
Significant Difficulties Encountered during the Audit
We encountered no significant difficulties in dealing with management relating to the performance of the
audit.
Uncorrected and Corrected Misstatements
For purposes of this communication,professional standards require us to accumulate all known and likely
misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the
appropriate level of management. Further, professional standards require us to also communicate the effect of
uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or
disclosures, and the financial statements as a whole and each applicable opinion unit. Management has corrected
all immaterial misstatements.
In addition,professional standards require us to communicate to you all material, corrected misstatements
that were brought to the attention of management as a result of our audit procedures. None of the misstatements
identified by us as a result of our audit procedures and corrected by management were material,either individually
or in the aggregate,to the financial statements taken as a whole or applicable opinion units.
Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a matter,
whether or not resolved to our satisfaction, concerning a financial accounting,reporting, or auditing matter,which
could be significant to the City's financial statements or the auditor's report. No such disagreements arose during
the course of the audit.
Representations Requested from Management
We have requested certain written representations from management, which are included in the
management representation letter dated March 13,2020.
3
218
Management's Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting
matters. Management informed us that, and to our knowledge,there were no consultations with other accountants
regarding auditing and accounting matters.
Other Significant Matters,Findings,or Issues
In the normal course of our professional association with the City,we generally discuss a variety of matters,
including the application of accounting principles and auditing standards, operating and regulatory conditions
affecting the entity,and operational plans and strategies that may affect the risks of material misstatement.None of
the matters discussed resulted in a condition to our retention as the City's auditors.
New Accounting Pronouncements
The Governmental Accounting Standards Board (GASB) issued the following statements which become
effective for fiscal years 2020 and 2021.
Statement No. 84,Fiduciary Activities—This Statement improves guidance regarding the identification of
fiduciary activities for accounting and financial reporting purposes and how those activities should be reported.The
focus is generally on whether a government is controlling the assets of the fiduciary activity and on the beneficiaries
with whom a fiduciary relationship exists. This Statement will become effective for the City in fiscal year 2020.
Statement No. 87,Leases—This Statement will improve the accounting and financial reporting for leases
by governments by requiring recognition of certain lease assets and liabilities previously classified as operating
leases. It establishes a single model for lease accounting based on the principle that leases are financing the right to
use an underlying asset. Under the Statement a lessee is required to recognize a lease liability and an intangible
right-to-use asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resource,
enhancing the relevance and consistency of information about leasing activities. This Statement will become
effective for the City in fiscal year 2021.
Restriction on Use
This report is intended solely for the information and use of the City Council of the City of Denton, Texas
and management of the City of Denton, Texas and is not intended to be, and should not be, used by anyone other
than these specified parties.
Waco, Texas
March 13, 2020
4
219
fF�
/ I
I
PRESENTED TO
CITY OF ■9 TEXASAL 19
, , ♦
Annual Financial • Compliance Audit
r
J
INTRODUCTION
& AG ENDA
John Manning , CPA
Partner, Government Audit
Kent Willis , CPA
Manager, Government Audit
• Audit proc e ss
• Audit re sults
• Value added
• Upcoming standards
• Disc a ssio n
221
COMMITMENT to the present... VISION for the future.
t '�1
222 -
AUDIT PRO C ES S
Pla n n in g Fie Id w o rk
mmm&.
223
COMMITMENT to the present... VISION for the future.
AUDITPROCESS
Who and when?
• August 2019
• 3 auditors
• 1 manager
• 1 partner
• 2 weeks
Wh a t?
• Internalcontrols
Pla nning Risk a sse ssm e n t
• Pre lim in a ry to sting
• Fraud interviews (12)
224
COMMITMENT to the present... VISION for the future.
AUDIT PRO C ES S
In to ma l c o n tro is w a lk th ro u g h s
• Utility billing & c u sto me r se rvic e
• Munic ip a I c o urt
• Anima Iservices
• Pa rks a d min istra do n
• Build in g inspections
• Ele c tric
• Iandfill
Pla nn in g Purchasing
225
COMMITMENT to the present... VISION for the future.
AUDITPROCESS
Who and when?
• Ja nua ry 2020
• 3 auditors
• 1 manager
• 1 partner
• 4.5 weeks
Wh a t?
• Materialbalances &
transactions Fie Id w o rk
• Compliance
• Single audit
226
COMMITMENT to the present... VISION for the future.
AUDITRESULTS
Independent Auditor's Report
• Management responsible for
fmancialstatements
• Audit performed in accordance
with GAS and GAAS
• Unmodified o p in io n AV lk
228
COMMITMENT to the present... VISION for the future.
United States Government A�
ty
Government Auditing Standards Report GAO By the Comptroller General�of the
United States
December 2011 Government
Auditing
Standards
• No internalcontroldeficiencies
2011 Revision
• No noncompliance with
• La w s
• Re g u la do n s
• C o ntra c is
• Grant agreements
04.4.........A—.... H1,CI1...
ARS
• Nofindings YE IAR11S 19L-2011.�...
GA0.12.8911:
COMMITMENT to the present... VISION for the future.
Government Auditing Standards Report
• Majorprograms:
• Federal: Community Development Block
Grant - $763 ,211 0
• State : TxDOTRTZ (Ma yhillRd , Bonnie Brae , 8 7 Y(0
McKinney Street, and others) - $ 17,973 ,768
coverage
• No noncompliance (ofallstate
and federal
• No d e fic ie n c ie s in internal c o n tro 1 e xp e n d itu re s)
210
COMMITMENT to the present... VISION for the future.
t '�1
231 -
• A& • , ,
• Interest rates on capitalized interest
• Fairvalue levels for certificates of deposits
COMMITMENT to the present... VISION for the future.
UPCOMING
STANDARDS
UPC 0 MING STAND ' RD_
• State me nt No . 84, Fid uc is ry Ac tivitie s
— Effe c tive Date : FY 2020
• Statement No . 87, Leases
— Effe c tive Date : FY 2021
COMMITMENT to the present... VISION for the future.
34
DISC US SIO N
oi
ELL.
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j��j�it � f s\�Y• C T5.�`�r: � . . °" ��^ __ �-�� M'c�'' +�vX,:.LK� .s, �' ,�7}� �,• M `'A t� '�����,ya,S
- •�f'rA..,�- '� . '�:� �,� _ i '�•, �,, „� � „ice
- 144 9 ^ram,✓ a �,� � _ - - 1• r '� � �,� �` -� 1-'. '. s a.'`4 , .,��3, _wl
Date: March 20, 2020 Report No. 2020-027
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Quarterly Financial Report for the period ending December 31, 2019.
BACKGROUND:
Attached for your review is the Quarterly Financial Report for the period ending December 31,
2019. If you have any questions or need additional information, please let me know.
STAFF CONTACT:
David Gaines, Finance Director
(940) 349-8260
David.Gaines@cityofdenton.com
236
CITY OF
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TEXAS
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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 December 31 , 2019.
This report is presented in four 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 section provides a summary
of the City's investment portfolio, interest earnings and a brief
market outlook.
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.
f-7)
David Gaines
Director of Finance
215 East McKinney Street
Denton, TX 76201
940-349-8260 238
Section 1
City of Denton
Quarterly Financial Report
December 2019
Executive Dashboards
239
i
City of Denton, Texas
Y General Fund Executive Dashboard ���`O,F �
D E NT O N FY 2019-20 FY 2019-20 iA
ANNUAL YTD PROJECTIONS Revenue & Expenses (in Millions)
DESCRIPTION BUDGET 1 ACTUALS ANNUAL VARIANCE ■YTD Revenue ■YTD Expenses
Beginning Fund Balance $50
as of 09/30/19 $ 30.13 $ 30.74 $ 30.74 $45
RESOURCES: $40
Ad Valorem Taxes 48.63 23.34 48.63 0%
Sales Tax 39.28 10.49 39.28 0% $35
Franchise Fees 4.60 0.87 4.60 0% $30
Other Taxes 0.50 - 0.50 0%
Service Fees 8.12 1.79 8.12 0% $25
Fines and Fees 3.58 0.74 3.58 0%
Licenses and Permits 6.63 1.47 6.63 0% $20
Miscellaneous Revenue 3.36 0.23 3.36 0% $15
Transfers In 21.64 5.11 21.64 0%
Total Revenues 136.34 44.04 136.34 0% $10
Total Resources 166.47 74.78 167.08 $5
EXPENDITURES: $
Personal Service 93.24 22.99 93.24 0% ti°'
Material and Supplies 3.19 0.43 3.19 0%
Maintenance and Repairs 1.71 0.35 1.71 0%
Insurance 1.57 0.39 1.57 0%
Miscellaneous 1.54 0.25 1.54 0% Sales Tax Monthly Average by Quarter
Operations 17.56 2.87 17.56 0% $4.0
Transfers Out 17.14 4.25 17.14 0%
Fixed Assets 0.55 0.09 0.55 0% $3.5
Total Expenditures 136.50 31.62 136.50 0%
$3.0
Net Income (Loss) (0.16) 12.42 (0.16)
Ending Fund Balance $ 29.97 $ 43.16 $ 30.58 $2.5
$2.0
Key Trends $1.5
➢At this point in the fiscal year,revenues and expenditures are projected to meet budgeted levels. $1.0
$0.5
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was
estimated in the FY 2019-20 budget process. $
ti� ti� ti� ti� tit tit ti� ti� ti� ti� ti�
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Note: All figures presented are in millions of dollars.
240
City of Denton, Texas i
JOtF
97 .1
Electric Fund Executive Dashboard -
DENT ON
FY 2019-20 FY 2019-20
ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET ' ACTUALS ANNUAL VARIANCE $60 Revenue& Expenses(in Millions)
Beginning Working Capital
and Reserves as of 9/30/19 $ 55.64 $ 77.92 $ 77.92 $50
RESOURCES:
$40
Rate Revenues 146.49 35.23 146.49 0%
Transmission Revenue 46.70 7.10 46.70 0% $30
Other Revenues 3.98 1.44 3.98 0%
DEC Revenues 25.07 3.32 25.07 01Y0 $20
TotalRevenues 222.24 47.09 222.24 0%
TotalResources 277.88 125.01 300.16 $10
EXP ENDITURES: $0
.4,
Purchased Power 74.33 12.65 74.33 0% Oct-19 Nov-19 Dec-19
DEC Fuel 12.48 0.87 12.48 0%
Transmission of Power 18.62 2.13 18.62 0%
Personnel Service 22.75 4.97 22.75 0% ■YTD Revenue ❑YTD Expense
Operation and Maintenance 30.39 5.50 30.39 0%
Debt Service 54.73 21.39 54.73 0% 2014-2019 Historical Quarterly GWHSales
Transfers Out 15.83 3.92 15.83 0% 600
Capital Outlay 0.10 - 0.10 0%
Total Expenditures 229.23 51.43 229.23 0% 500
Net Inco me (Lo s s) (6.99) (4.34) (6.99)
400 - A A A A
Ending Working Capital V \
and Reserves $ 48.65 S 73.58 $ 70.93
300
TrendsKey
200 -
➢At this point in the fiscal year,both revenues and expenditures are projected to meet budgeted levels. YTD actual
expenses are high compared to budget;this is attributed to the large portion of the debt service hitting in the first part of 100
the fiscal year.
➢The Beginning Working Capital and Reserves is$22.3 Million higher than budgeted mainly as a result of not retiring
$28.62 Million of TMPA Scrubber debt,posting$10 Million more for DEC debt,and receiving$4.2 Million in unanticipated 0
revenue from TM PA. 1Q 14 3Q 14 1Q 15 3Q 15 1Q16 3Q16 1Q17 3617 1Q18 3Q18 169 3619 1Q20
➢Revenues are seasonal with a majority hitting in Quarters 3 and 4. Note: All figures presented are in millions Of dollars.
241
'Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in
the FY 2019-20 budget process.
City of Denton, Texas
ITY
('OFF jfb�� - --
Water Fund Executive Dashboard ok
DENTONFY 2019-20 FY 2019-20
ANNUAL YTD PROJECTIONS Revenue& Expenses (in Millions)
DESCRIPTION BUDGET ' ACTUALS ANNUAL VARIANCE $18
Beginning Working Capital $16
and Reserves as of 09/3 0/19 2 $ 23.54 $ 25.46 $ 25.46 $14
RESOURCES: $12
Water Sales 39.35 10.68 39.35 0% $10
Other Water Revenues 1.16 0.38 1.16 0% $8
Transfers In 0.95 0.29 0.95 0% $6
Impact Fee Revenue 6.61 1.65 6.61 0%
$4
Total Revenues 48.07 13.00 48.07 0%
$2
Total Resources 71.61 38.46 73.53 $_
EXPENDTI'URES:
Oct-19 Nov-19 Dec-19
P e rs o nal Service 8.90 2.01 8.90 0% ■YTD Revenue ■YTD Expenses
Operations, Services 10.86 2.17 10.86 0%
Capital Outlay 13.24 3.24 13.24 0% 2014-2020 Historical Quarterly Gallons Sold(in Millions)
Debt Service 12.88 6.72 12.88 0% 2,500
Transfers Out 5.18 1.21 5.18 0%
Total Expenditures 51.06 15.35 51.06 0%
2,000
Net Income (Loss) (2.99) (2.35) (2.99)
Ending Working Capital
1,500
and Reserves $ 20.55 $ 23.11 $ 22.47
TrendsKey
1,000
➢At this point in the fiscal year, expenditures and revenues are projected to meet budgeted
levels.YTD actual expenses are high compared to budget;this is attributed to the large portion Soo
of the debt service hitting in the first of the fiscal year.
➢Revenues are seasonal with a majority hitting in Quarters 3 and 4. o
'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 1Q
FY 2019-20 budget process. 17 18 18 19 19 20
242
zThe Beginning Working Capital balance excludes$13.05M of Impact Fee Reserves and$0.75 million for Development Plan
Line Reserves. Note: All figures presented are in millions of dollars.
City of Denton, Texas
J(ITYCOF
Wastewater Fund Executive Dashboard _
DENTON FY 2019-20 FY 2019-20 "
ANNUAL YTD P ROJECTIONS
DESCRIPTION BUDGET ' ACTUALS ANNUAL VARIANCE
Beginning Working Capital Revenue & Expenses (in Millions)
and Reserves as of 09/30/19' $ 16.19 $ 16.93 $ 16.93 $12
RESOURCES: $10
Wastewater Fees 25.03 6.27 25.03 0% $8
Other Wastewater Revenue 1.86 0.36 1.86 0%
Drainage Fees 4.96 1.26 4.96 0% $6
Trans ferIn 0.59 0.15 0.59 0% $4
Impact Fee Revenue 4.27 1.07 4.27 0%
Total Revenues 36.71 9.11 36.71 0% $2
Total Resources 52.90 26.04 53.64 $-
Oct-19 Nov-19 Dec-19
EXPENDITURES:
Personal Service 9.36 2.07 9.36 0%
■YTD Revenue ❑YTD Expenses
Operations, Services 9.84 1.79 9.84 0%
Capital Outlay 6.31 2.07 6.31 0% 2014-2020 Historical Quarterly Gallons Billed(in Millions)
Debt Service 7.96 3.92 7.96 0% 1,400
Trans ferOut 4.85 1.19 4.85 0%
Total Expenditures 38.32 11.04 38.32 0% 1,200
Net Income (Loss) (1.61) (1.93) (1.61) 1,000
Ending Working Capital 800
and Reserves $ 14.58 $ 15.00 $ 15.32 600
400
Key Trends 200
➢At this point in the fiscal year, expenditures and revenues are projected to meet o
budgeted levels.YTD actual expenses are high compared to budget;this is attributed to 1Q14 3Q14 1Q1s 3Q15 1Q16 3Q16 1Q17 3Q17 IQ IS 3Q18 1Q19 3Q19 1Q20
the large portion of the debt service hitting in the first part of the fiscal year.
➢Revenues are seasonal with a majority hitting in Quarters 3 and 4.
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which�nLa53 stimated in
'Thethe Beginning 19-20
Capital
L4 Note: All figures presented are in millions of dollars.
'The Beginning Working Capital balance excludes$6.77 million of Impact Fee Reserves,$1.0 million for Drainage Reserves,
and$0.54 million for Development Plan Line Reserves.
City of Denton, Texas 4M��
l)� Drainage Operations Executive Dashboard I ---
DENTON FY 2019-20 FY 2019-20
ANNUAL YTD P ROJECTIONS Revenue & Expenses(in Millions)
DESCRIPTION BUDGET ACTUALS ANNUAL VARIANCE
REVENUES: $1.6
Residential Drainage Fees $ 1.90 S 0.48 S 1.90 0%
Nonresidential Drainage Fees 3.06 0.78 3.06 0% $1.4
Was tewater Res ources 0.04 - 0.04 0%
General Fund Transfer 0.35 0.09 0.35 0% $1.2
Total Revenues 5.35 1.35 5.35 0%
$1.0
EXPENDITURES: $08
PersonalService 2.30 0.49 2.30 0%
Operations, Services 0.95 0.11 0.95 0% $0.6
Capital Outlay 1.14 0.36 1.14 0%
Debt Service 0.48 0.25 0.48 0% $0.4
Transfer Out 0.48 0.14 0.48 0% $02
Total Expenditures 5.35 1.35 5.35 0%
Net Income (Loss) $ - $ - $ - $
Oct-19 Nov-19 Dec-19
■YTD Revenue ■YTD Expenses
TrendsKey
➢At this point in the fiscal year, expenditures and revenues are projected to
meet budgeted levels.
Note: All figures presented are in millions of dollars.
244
I(( City of Denton, Texas
in akinS
FY Solid Waste Fund Executive Dashboard ! - -
Y�
DENTONEY 2019-20 EY 2019-20 Residential Curbside Collection Tonnage
ANNUAL YTD PROJECTIONS 8,000
DESCRIPTION BUDGET ' ACTUALS ANNUAL VARIANCE 7000
Beginning Working Capital 6,000
and Reserves as of 09/30/19 ' $ 10.36 $ 13.17 $ 13.17 5,000
RESOURCES: t
Collection &Disposal 27.08 6.84 27.08 0% 4,000
Recycling 7.04 1.70 7.04 0%
3,000
Other Revenue 1.27 0.40 1.27 0% 2,000
Total Revenues 35.39 8.94 35.39 0% 1,000
Total Resources 45.75 22.11 48.56 0
EXPENDITURES:
Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1
Personal Service 11.10 2.58 11.10 0%
Ope ratio ns, S e rvic e s 10.62 1.96 10.62 0% ■Refuse Tonnage Recycling and ReuseTonnage
Capital Outlay 3.02 1.08 3.02 0%
Debt Service 8.45 4.55 8.45 0% Commercial Refuse & Recycling(Front&Side Load)
Landfill C to sure 0.61 0.15 0.61 0% Cubic Yards Serviced per Week
Trans ferOut 4.65 1.11 4.65 0% 30,000
Total Expenditures 38.45 11.43 38.45 0%
25,000
Net Income (Loss) (3.06) (2.49) (3.06)
20,000
Ending Working Capital
and Reserves $ 7.30 $ 10.68 $ 10.11 15,000
10,000
Key Trends 5,000
➢Revenue and expenses are expected to reach budget levels. 0
➢YTD actual expenses are high compared to budget;this is attributed to the large portion of the
debt service hitting in the first part of the fiscal year. Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1
■Commercial Refuse ■Commercial Recycling
'Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the24Tount which was
estimated in the FY 2019-20 budget process.
2The Beginning Working Capital and Reserves excludes$11.06 million of Landfill Closure/Post Closure reserves. Note: All figures presented are in millions of dollars.
City of Denton, Texas
41)
Airport Fund Executive Dashboard •
FY2019-20 FY2019-20
DENTON
ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET 1 ACTUALS ANNUAL VARIANCE
Beginning Working Capital GAS WELL REVENUE
and Reserves as of09/30/18 $ 2.81 $ 2.88 $ 2.88 (in millions of dollars by fiscal year)
RESOURCES:
$5.0
Airport Ground Leases 0.77 0.19 0.77 0%
FBO Commissions 0.21 0.04 0.21 0%
Fuel Flowage Fees 0.13 0.02 0.13 0% $4.0
Total Operating Revenues 1.11 0.25 1.11 0%
$3.0
EXPENDITURES:
P ers o nal Service 0.52 0.12 0.52 0%
Operations, Services 0.39 0.04 0.39 0% $2.0
Trans ferOut 0.38 0.10 0.38 0%
Total Operating Expenditures 1.29 0.26 1.29 0% $1.0
Net Operating Income (Loss) (0.18) (0.01) (0.18)
NON-OPERATING REVENUES: $0.0
2018 2019 2020
Investment Income 0.02 0.03 0.10 400%
Gas Well Royalties 0.36 0.04 0.36 0%
Miscellaneos Income 0.00 0.00 0.00 0% AIRPORT OPERATIONS BY QUARTER
Total No n-Ope rating Revenues 1 0.38 0.07 0.46 21% (takeoff or landing by fiscal year)
NON-OPERATING EXPENDITURES: 60,000
TransferOut- Capital 0.25 - 0.25 0%
Total No n-Ope rating Expenditures 0.25 - 0.25 0%
Net Non-Operating Income (Loss) 0.13 0.07 0.21 50,000
Net Income (Loss) (0.05) 0.06 0.03
Ending Working Capital and Reserves $ 2.76 $ 2.94 $ 2.91 40,000
TrendsKey
30,000
➢Currently,all operating revenue and expenses are projected to be at budgeted levels.
➢Interest earned on investments is currently ahead of budget projections. 20,000
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yQ 142;$ 1Q IQ:$11Q 1tiy pl aQ 1n tia 5n fkn 1n tia 1p,$1 Na
'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 2019-20 budget process.
246
c riv City of Denton, Texas
PIP
t'+` qv 1 1 f El }1
DENTON Street Improvement Fund Executive Dashboard r.. cur=
FY 2019-20 FY 2019-20
ANNUAL YTD
P ROJ ECTIONS Revenue&c Expenses(in Millions)
$a.o
DESCRIPTION BUDGET 1 ACTUALS ANNUAL VARIANCE
Beginning Working Capital
and Reserves as of 09/30/19 $ 2.35 $ 3.44 $ 3.44 $3.0
RESOURCES:
Franchise Fees 13.09 2.47 13.09 0%
$2.0
Street Cuts 0.37 0.06 0.37 0%
Investment Income 0.01 0.01 0.01 0%
Transfers In 1.18 0.30 1.18 0% $1.0
Total Revenues 14.65 2.84 14.65 0%
Total Resources 17.00 6.28 18.09
Oct-19 Nov-19 Dee-19
EXPENDITURES ■YTD Revenue ■YTD Expenses
Personal Service 3.51 0.83 3.51 0%
Materials &Supplies 0.09 0.02 0.09 0% 12 Tons of Asphalt Laid(in Thousands)
Maintenance &Repairs 10.07 1.88 10.07 0%
Operations, Services 0.81 0.20 0.81 0% 9
Trans ferOut 1.25 0.36 1.25 0% 6
Total Expenditures 15.73 3.29 15.73 0%
IN-
Ending Net Income (Loss) (1.08) (0.45) (1.08)
Fund Balance S 1.27 S 2.99 $ 2.36 Qtrl EFY18-19 EFY19-20
TrendsKey
Lane Miles Surface Treatment
60
);,Revenues and expenditures are projected to meet budgeted levels. 40
➢Franchise fee revenues are received later in the fiscal year.
➢43.36 lane mile surface treatments were completed in the Pt quarter. 20
0
On 1
247
■FY 18-19 ■FY 19-20
'Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount Note: All figures presented are in millions of dollars.
which was estimated in the FY 2019-20 budget process.
City of Denton, Texas
CITY M LI
OF
DENTON Grants Dashboard
FY 2019-20 FY 2019-20 FY 2019-20 Awards & Expenses (in Millions)
GRANT YID PROJECTIONS $80.0
DESCRIPTION AMO UNT AC TUALS ANNUAL VARIANCE
2019-20 Budget $60.0
Comm Development $ 3.77 $ 0.17 $ 1.10 -71%
Public Safety 0.63 0.09 0.63 0% $40.0
Transportation' 61.80 3.70 44.93 -27%
Other 0.36 - 0.36 0% $20.0
Total Budget 66.56 3.96 47.02 -29%
L >
w
0o mLL Q
New Awards o a
Public Safety 0.16 0.16 0.16 0%
Transportation 0.06 0.06 0.06 0% ■Awards ■Expenses
Total New Awards 0.22 0.22 0.22 0% FY 2019-20 Grants Awarded
OTHER COMM DEV
o SAFETY
0.54%
5.65/o SAFETY
Totals $ 66.78 $ 4.18 $ 47.24 -29% 1.19%
Key Trends
The following grants have been received in FY 2019-20:
➢Federal Equitable Sharing: $142,749
➢Chapter 59 Asset Forfeitures: $10,334
➢U.S.Marshals Violent Offenders Task Force: $5,127
➢Organized Crime Drug Enforcement Task Force: $2,781 \
➢Sexual Assault Examiners Reimbursement:$1,214 TRANS
➢IH35 E FR&Brinker Signal: $56,394 92 62%
➢Collaborative Summer Library Program Scholarship Award: $118
1 This grant amount will be spent over several years and the fiscal year 2019-20 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.
248
Section 2
City of Denton
Quarterly Financial Report
December 2019
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
249
City of Denton
General Fund
Schedule of Revenues-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
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 $ 20,244,896 $ 21,774,418 $ 23,063,390 $ 47,996,644 $ 47,996,644 0%
Delinquent-Ad Valorem 50,118 65,515 1729409 3119978 311,978 0%
Miscellaneous Penalties&Fees 33,249 52,675 108,329 320,775 3209775 0%
Ad Valorem Taxes 20,3289263 21,892,608 23,344,128 48,629,397 48,629,397 0%
Sales Tax 9,9029458 9,828,342 10,491,343 39,281,942 39,2819942 0%
Franchise-Gas Utilities 11,593 - 9,311 384,313 384,313 0%
Franchise-Private Electric Utilities - - - 117,980 117,980 0%
Franchise-Cable - - - 363,687 363,687 0%
Franchise-Telecom - - - 53,301 53,301 0%
Franchise-Denton Municipal Utilities 816,782 596,385 860,328 3,679,652 3,679,652 0%
Franchise Fees 828,375 596,385 869,639 41598,933 4,5989933 0%
Other Taxes - - - 5019870 5019870 0%
Ambulance Service Fees 658,136 421,970 773,367 3,679,000 3,679,000 0%
Fire Department Fees 49,520 57,691 48,560 230,743 230,743 0%
Building Inspections Fees 125,414 135,533 138,889 597,476 597,476 0%
Park Department Fees 99,906 213,088 105,367 2,040,353 2,040,353 0%
Planning Department Fees 344,820 340,685 638,352 1,362,254 1,362,254 0%
Reprographics Fees 62,653 24,420 68,264 97,603 97,603 0%
Miscellaneous Service Fees 23,417 27,159 17,943 108,634 108,634 0%
Service Fees 1,363,866 1,220,546 1,790,742 8,116,063 8,116,063 0%
Denton Municipal Fines 321,799 375,875 329,773 1,503,486 1,503,486 0%
Parking Fines 73,935 65,656 66,470 262,620 262,620 0%
Miscellaneous Fines and Fees 189,754 145,503 176,763 725,712 725,712 0%
Court Administrative and Service Fees 217,620 240,000 171,092 1,084,800 1,084,800 0%
Fines and Fees 803,108 827,034 744,098 3,576,618 3,576,618 0%
Demolition Permits 1,045 1,107 3,188 4,430 4,430 0%
Building Permits 800,588 19437,137 194529989 695269709 6,526,709 0%
Certificate of Occupancy 179290 169806 11,138 67,226 67,226 0%
Miscellaneous Licenses and Permits 39012 79021 1,842 28,087 28,087 0%
Licenses and Permits 821,935 19462,071 194699157 696269452 69626,452 0%
Investment Income 143,787 2259928 1599180 9039714 903,714 0%
Miscellaneous Revenues 167,118 3239507 66,088 294609285 29460,285 0%
Miscellaneous Resources 310,905 5499435 2259268 393639999 39363,999 0%
ROI-Denton Municipal Utilities 1,830,748 29137,710 290139807 899789547 8,978,547 0%
Transfers 2,179,628 39168,056 390969777 129662,121 12,6629121 0%
Transfers 4,010,376 59305,766 591109584 219640,668 2196409668 0%
Total General Fund Revenues $ 38,369,286 $ 41,682,187 $ 44,044,959 $ 136,335,942 $ 136,335,942 0%
250
City of Denton
General Fund
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
NEIGHBORHOOD SERVICES
Building Inspections S 724,582 $ 859,962 $ 845,889 $ 3,437,095 $ 3,437,095 0%
Community Improvement Services 321,128 4059465 3039871 19620,557 1,6209557 0%
Libraries 1,635,787 1,546,726 1,5949121 69182,023 6,182,023 0%
Parks and Recreation 2,011,378 39030,992 293059821 129114,271 12,1149271 0%
Planning 7179490 1,0149510 9669718 49054,801 49054,801 0%
Gas Well Review 429997 1059677 419358 4229398 4229398 0%
Social Services 1159046 4299527 2129712 19716,712 19716,712 0%
5,568,408 793929859 6,2709490 2995479857 29,5479857 0%
PUBLIC SAFETY
Animal Services 4109391 5739925 5659415 29293,869 29293,869 0%
Fire 8,008,837 79970,816 797819090 3198579795 31,8579795 0%
Municipal Court 3009420 2959934 2949767 19182,784 19182,784 0%
Municipal Judge 1179983 1479594 1069065 5649530 5649530 0%
Police 8,641,884 9,9919306 9,5459082 399933,338 399933,338 0%
17,479,515 1899799575 18,2929419 759832,316 75,8329316 0%
TRANSPORTATION
Traffic Operations 439,501 577,977 555,284 2,310,060 29310,060 0%
Transportation Operations 759251 - - - - 0%
Street Lighting 211,828 212,670 202,534 850,000 850,000 0%
7269580 7909647 7579818 391609060 3,160,060 0%
ADMINISTRATIVE&COMMUNITY SERVICES
City Manager's Office 5119349 6159037 529,191 2,458,145 29458,145 0%
Economic Development 3179638 192419691 3009385 499629803 4,9629803 0%
Facilities Management 1,107,109 - - - - 0%
Finance 8399162 9929233 8739190 39965,753 399659753 0%
Human Resources 4939037 4569960 566,312 1,826,381 19826,381 0%
Internal Audit 749970 1619007 1139976 643,519 6439519 0%
Legal Administration 5349041 747,628 650,032 2,883,241 29883,241 0%
Public Affairs 4129049 6289794 5409483 29513,173 2,513,173
Non-Departmental 2,443,471 2,1449971 2,720,882 8,703,300 89703,300 0%
6,732,826 6,988,321 6,294,451 279956,315 27,956,315 0%
TOTAL EXPENDITURES $ 30,507,329 $ 34,151,402 $ 31,615,178 $ 1369496,548 $ 1369496,548 0%
Beginning FY 19-20,Transportation Operations and Facilities Management are no longer budgeted within the General Fund.
251
City of Denton
Electric Fund
Schedule of Revenues and Expenditures-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
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 9/30/19 $ 55,642,370 $ 77,919,436
REVENUES:
Rate Revenues $ 34,473,793 $ 33,222,648 $ 35,225,279 146,489,831 146,489,831 0'%
Transmission Revenues 6,444,844 5,696,238 7,103,812 46,700,670 46,700,670 0'%
Other Revenues 1,331,232 954,835 1,441,497 3,977,004 3,977,004 0'%
DEC Revenues 4,061,861 5,472,725 3,323,034 25,073,394 25,073,394 0%
Total Revenues 46,311,730 45,346,446 47,093,622 222,240,899 222,240,899 0%
EXPENDITURES:
Purchased Power 16,334,143 16,314,034 12,654,360 74,329,750 74,329,750 0%
DEC Fuel 1,678,366 2,696,008 872,320 12,475,775 12,475,775 0%
Transmission of Power 1,267,236 1,962,893 2,128,748 18,616,102 18,616,102 0%
Personnel Services 4,558,341 6,029,440 4,968,902 22,747,359 22,747,359 0%
Materials and Supplies 83,178 172,355 110,856 1,303,950 1,303,950 0%
Maintenance and Repair 94,057 301,039 93,097 1,975,209 1,975,209 0%
Insurance 68,015 205,738 84,891 822,952 822,952 0%
Return on Investment 1,334,912 1,397,330 1,437,873 6,613,804 6,613,804 0%
Franchise Fee 1,909,380 1,996,188 2,051,604 9,448,292 9,448,292 0%
Miscellaneous 122,289 558,157 696,636 1,374,225 1,374,225 0%
Operations 1,063,628 2,114,460 1,029,707 8,869,731 8,869,731 0%
Debt Service 17,129,878 21,390,284 21,390,284 54,728,969 54,728,969 0%
Interfund Transfers 3,579,625 3,956,773 3,913,510 15,827,091 15,827,091 0%
Capital Outlay - - - 95,000 95,000 0%
Total Expenditures 49,223,048 59,094,699 51,432,788 229,228,209 229,228,209 0%
Net Income(Loss) $ (2,911,318) $ (13,748,253) $ (4,339,166) (6,987,310) (6,987,310)
Ending Working Capital and Reserves $ 48,655,060 $ 70,932,126
'Annual adopted budget as amended or modified.Beginning Worldng Capital and Reserves represents the amount
which was estimated in the FY 2019-20 budget process.
252
City of Denton
Water Fund
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended December 31,2019
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 09/30/191 $ 23,539,348 $ 25,457,474
REVENUES:
Water Sales Residential $ 3,675,360 $ 4,861,363 $ 4,829,881 20,508,495 20,508,495 0%
Water Sales Commercial 3,884,314 4,758,104 4,867,288 17,661,792 17,661,792 0%
Water for Resale 121,861 333,214 977,655 1,184,134 1,184,134 0%
Other Water 288,899 207,535 275,704 865,090 865,090 0%
Transfers In 372,513 237,473 287,498 949,888 949,888 0%
Investment Income 104,535 73,500 106,517 294,000 294,000 0%
Impact Fee Revenue 1,426,140 1,651,250 1,652,571 6,605,000 6,605,000 0%
Total Revenues 9,873,622 12,122,439 12,997,114 48,068,399 48,068,399 0%
EXPENDITURES:
Personal Service 2,055,010 1,930,540 2,011,874 8,902,207 8,902,207 0%
Purchased Power 262,589 387,839 341,757 1,410,789 1,410,789 0%
Materials and Supplies 234,804 342,691 245,540 1,510,203 1,510,203 0%
Maintenance and Repairs 271,825 285,417 283,945 1,754,503 1,754,503 0%
Insurance 55,858 58,198 58,197 232,791 232,791 0%
Miscellaneous 103,803 109,088 49,614 401,060 401,060 0%
Operations,Services 521,382 570,805 330,149 2,153,980 2,153,980 0%
Capital Outlay 1,720,155 2,131,031 3,243,429 13,236,219 13,236,219 0%
Return on Investment 276,939 373,290 351,831 1,404,533 1,404,533 0%
Franchise Fee 395,628 529,374 502,616 1,991,812 1,991,812 0%
Debt Service 6,662,950 6,723,005 6,723,005 12,879,020 12,879,020 0%
Transfers Out 880,649 1,295,412 1,207,855 5,181,646 5,181,646 0%
Total Expenditures 13,442,062 14,736,690 15,350,190 51,061,763 51,061,763 01%
Net Income(Loss) $ (3,568,440) $ (2,614,251) $ (2,353,076) (2,993,364) (2,993,364)
Ending Working Capital
and Reserves $ 20,545,984 $ 22,464,110
1 The Beginning Working Capital balance excludes$13,045,131 of Impact Fee Reserves and$750,000 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 2019-20
budget process.
253
City of Denton
Wastewater Fund
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended December 31,2019
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 09/30/19' $ 16,190,748 $ 16,927,079
REVENUES:
Residential Fees $ 2,974,289 $ 2,882,756 $ 2,847,046 11,545,026 11,545,026 01%
Commercial Fees 2,967,486 3,276,540 3,230,451 12,734,519 12,734,519 0%
Effluent Irrigation Fees 18,582 13,023 37,273 60,424 60,424 01%
Wholesale Fees 193,766 162,458 158,436 693,802 693,802 0%
Other Wastewater Fees 241,891 380,550 292,097 1,630,878 1,630,878 01%
Drainage Fees 1,196,332 1,242,371 1,258,669 4,959,200 4,959,200 01%
Transfer In 137,949 146,974 146,974 587,895 587,895 0%
Investment Income 76,199 58,715 73,209 234,858 234,858 01%
Impact Fee Reserves 500,400 1,067,500 1,068,354 4,270,000 4,270,000 0%
Total Revenues 8,306,894 9,230,887 9,112,509 36,716,602 36,716,602 01%
EXPENDITURES:
Personal Service 2,049,466 1,948,433 2,066,095 9,357,192 9,357,192 0%
Purchased Power 275,767 290,831 252,838 1,221,000 1,221,000 0%
Materials and Supplies 211,970 178,016 204,397 1,354,025 1,354,025 0%
Maintenance and Repairs 265,008 338,741 144,318 1,770,257 1,770,257 0%
Insurance 58,005 66,436 66,436 265,743 265,743 0%
Miscellaneous 58,196 49,577 9,773 82,218 82,218 0%
Operations,Services 572,774 779,371 576,593 2,624,964 2,624,964 0%
Capital Outlay 4,842,598 2,552,540 2,064,278 6,311,604 6,311,604 0%
Return on Investment 218,897 299,907 224,103 1,196,502 1,196,502 0%
Franchise Fee 312,709 334,392 320,147 1,334,082 1,334,082 0%
Debt Service 3,649,709 3,918,157 3,918,157 7,958,969 7,958,969 0%
Transfers Out 888,869 1,212,081 1,194,451 4,848,319 4,848,319 0%
Total Expenditures 13,403,968 11,968,482 11,041,586 38,324,875 38,324,875 0%
Net Income(Loss) $ (5,097,074) $ (2,737,595) $ (1,929,077) (1,608,273) (1,608,273)
Ending Working Capital
and Reserves $ 14,582,475 $ 15,318,806
The Beginning Working Capital balance excludes$6,766,815 of Impact Fee Reserves,$1,000,000 for Drainage Reserves,
and$540,000 for Development Plan Line Reserves.
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated
in the FY 2019-20 budget process.
254
City of Denton
Drainage Operations
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended December 31,2019
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
REVENUES:
Residential Drainage Fees $ 455,010 $ 468,894 $ 481,654 $ 1,897,150 $ 1,897,150 0%
Nonresidential Drainage Fees 741,323 773,448 777,015 3,062,050 3,062,050 0%
Wastewater Resources - 8,750 - 35,000 35,000 0%
General Fund Transfer 79,199 88,224 88,224 352,895 352,895 0%
Total Revenues 1,275,532 1,339,316 1,346,893 5,347,095 5,347,095 0%
EXPENDITURES:
Personal Service 439,499 476,894 488,117 2,304,775 2,304,775 0%
Materials and Supplies 8,176 18,498 10,223 80,425 80,425 0%
Maintenance and Repairs 50,500 31,199 14,599 127,500 127,500 0%
Insurance 8,942 10,365 10,365 41,459 41,459 0%
Miscellaneous 1,720 6,639 1,875 17,200 17,200 0%
Operations,Services 111,558 114,949 72,910 677,497 677,497 0%
Capital Outlay 278,489 313,687 361,153 1,144,236 1,144,236 0%
Debt Service 258,957 248,056 248,056 477,893 477,893 0%
Transfer Out 117,691 119,029 139,595 476,110 476,110 0%
Total Expenditures 1,275,532 1,339,316 1,346,893 5,347,095 5,347,095 0%
Net Income(Loss) $ - $ - $ - $ - $ -
255
City of Denton
Solid Waste Fund
Schedule of Revenues and Expenditures-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
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 09/30/191 $ 10,355,478 $ 13,172,813
REVENUES:
Refuse Fees-Residential $ 1,395,608 $ 1,403,824 $ 1,415,487 5,797,663 5,797,663 0%
Refuse Fees-Commercial 3,604,996 3,660,749 3,601,121 15,432,175 15,432,175 0%
Residential Recycling 1,286,053 1,333,990 1,346,517 5,331,694 5,331,694 0%
Commercial Recycling 345,919 426,594 353,638 1,705,012 1,705,012 0%
Landfill Gate and Material Sales 1,520,362 1,445,004 1,819,290 5,854,458 5,854,458 0%
Recycled Material Sales 16,834 15,261 16,836 61,000 61,000 0%
Asset Sales and Interest Income 42,549 172,260 263,050 688,486 688,486 0%
Other Revenue 194,176 130,332 124,771 520,925 520,925 0%
Total Revenues 8,406,497 8,588,014 8,940,710 35,391,413 35,391,413 0%
EXPENDITURES:
Personal Service 2,692,434 2,704,126 2,580,169 11,104,627 11,104,627 0%
Materials and Supplies 57,827 199,536 35,113 772,789 772,789 0%
Maintenance and Repairs 37,986 71,894 77,562 290,350 290,350 0%
Insurance 67,376 63,262 64,913 257,942 257,942 0%
Miscellaneous 61,217 25,250 32,608 102,120 102,120 0%
Operations,Services 1,452,907 1,943,271 1,319,308 7,439,397 7,439,397 0%
Capital Outlay 21,600 753,345 1,077,702 3,015,186 3,015,186 0%
Debt Service 4,870,389 4,546,084 4,546,084 8,451,027 8,451,027 0%
Franchise Fee 412,376 439,285 432,750 1,755,737 1,755,737 0%
Transfers for Landfill Closure 292,338 152,619 151,146 609,985 609,985 0%
Admin Transfers Out 924,076 1,153,243 1,114,627 4,651,241 4,651,241 0%
Total Expenditures 10,890,526 12,051,915 11,431,982 38,450,401 38,450,401 0%
Net Income(Loss) $ (2,484,029) $ (3,463,901) $ (2,491,272) (3,058,988) (3,058,988)
Ending Working Capital
and Reserves $ 7,296,490 $ 10,113,825
1 The Beginning Working Capital Reserve excludes$11,057,545 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 2019-20 budget process.
256
City of Denton
Airport Fund
Schedule of Revenues and Expenditures-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGETI PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/19 $2,814,692 $ 2,878,940
OPERATING REVENUES:
Airport Ground Leases $ 182,477 $ 192,165 $ 192,234 768,051 768,051 0%
FBO Commissions 20,351 52,930 36,471 211,552 211,552 0%
Miscellaneous 10,999 33,886 19,109 135,437 135,437 0%
Total Operating Revenues 213,827 278,981 247,814 1,115,040 1,115,040 0%
OPERATING EXPENDITURES:
Personal Service 129,205 129,837 121,203 518,930 518,930 0%
Materials and Supplies 1,638 11,329 1,639 45,290 45,290 0%
Maintenance and Repairs 1,077 18,114 625 72,400 72,400 0%
Insurance 7,823 6,099 6,094 24,376 24,376 0%
Miscellaneous - 24 - 100 100 0%
Operations 36,421 62,693 31,906 250,565 250,565 0%
Transfers Out-Operating 130,386 95,823 95,748 382,991 382,991 0%
Total Operating Expenses 306,550 323,919 257,215 1,294,652 1,294,652 0%
Operating(Loss) (92,723) (44,938) (9,401) (179,612) (179,612)
NON-OPERATING REVENUES:
Investment Income 22,957 5,571 25,212 22,263 100,848 353%
Gas Well Royalties 24,362 89,796 42,966 358,900 358,900 0%
Total Non-Operating Revenues 47,319 95,367 68,178 381,163 459,748 21%
NON-OPERATING EXPENDITURES:
Transfers Out-Capital - 62,550 - 250,000 250,000 0%
Total Non-Operating Expenses - 62,550 - 250,000 250,000 0%
Non-Operating Income(Loss) 47,319 32,817 68,178 131,163 209,748
Net Income(Loss) $ (45,404) $ (12,121) $ 58,777 (48,449) 30,136
Ending Working Capital $ 2,766,243 $ 2,909,076
Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the amount which was estimated in the FY 2019-20 budget process.
257
City of Denton
Street Improvement Fund
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGETVS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET' PROTECTION PROTECTION
Beginning Fund Balance
as of 9/30/2019 $ 2,348,270 $ 3,441,732
RESOURCES:
Franchise Fees $ 2,257,138 $ 3,274,380 $ 2,474,708 13,087,053 13,087,053 0%
Street Cuts 50,496 92,931 61,194 371,423 371,423 0%
Investment Income 3,859 2,502 14,040 10,000 10,000 0%
Transfers In 258,645 296,382 296,145 1,184,582 1,184,582 0%
Total Resources 2,570,138 3,666,195 2,846,087 14,653,058 14,653,058 0%
EXPENDITURES:
Personal Service 817,063 877,014 832,680 3,505,267 3,505,267 0%
Materials and Supplies 11,267 21,805 17,283 87,150 87,150 0%
Maintenance and Repairs 1,132,404 2,521,884 1,879,311 10,069,459 10,069,459 0%
Insurance 18,182 23,598 23,578 94,312 94,312 0%
Miscellaneous 3,632 1,251 3,023 5,000 5,000 0%
Operations,Services 157,283 175,213 175,063 710,302 710,302 0%
Transfer Out 402,513 315,159 360,817 1,259,626 1,259,626 0%
Total Expenditures 2,542,344 3,935,924 3,291,755 15,731,116 15,731,116 0%
Net Income(Loss) $ 27,794 $ (269,729) $ (445,668) (1,078,058) (1,078,058)
Ending Fund Balance $ 1,270,212 $ 2,363,674
Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2019-20 budget process.
258
City of Denton
Grants
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
EXPENDITURES CURRENT ANNUAL ANNUAL BUDGET VS
GRANT DESCRIPTION AS OF 9/30/20192 Y-T-D BUDGET PROJECTION PROJECTION
FY 2019-20 Budget
US Dept of HUD-
Community Development Block Grant(CDBG) $ 4,2749427 $ 152,369 $ 2,314,276 $ 700,000 -70%
US Dept of HUD-
HOME Investment Partnership Program 397259784 20,821 1,458,845 400,000 -73%
Community Development 8,000,211 173,190 3,773,121 1,100,000 -71%
TxDot STEP Comprehensive Grant - 10,328 97,315 97,315 0%
Victim Assistance Coordinator Grant 23,120 89,040 89,040 0%
2019 UASI-Specialized Regional Response Teams
Sustainment - 144,137 144,137 0%
Emergency Management Performance Grant - - 40,977 40,977 0%
Staffing for Adequate Fire&Emergency Response
(SAFER)Grant 736,068 51,799 2609913 2609913 0%
Public Safety 736,068 85,247 632,382 632,382 0%
Airport Maintenance(RAMP)Grant - - 50,000 50,000 0%
TxDot-RTR-Mayhill Rd-IH35 E to US 380 39,389,775 2,849,093 996249580 5,946,679 -38%
TxDot-RTR-Bonnie Brae Rd-I1135 E to US 377 17,236,196 249,060 29,630,282 21,686,366 -27%
TxDot-IH35E at Loop 288/Lillian Miller Pkwy - - 539865 53,865 0%
TxDot-RTR-McKinney(Formerly FM426) 3,834,606 235,626 16,410,716 14,432,697 -12%
TxDot-RTR-Hickory Creek FM2181-FM2499 224,556 330,712 292049917 2,175,444 -1%
TxDot-RTR-North Texas Boulevard Roundabout 67,518 6,507 1,946,267 193,248 -90%
TxDot-RTR-ITS COMM Trunk Line 1,379,761 31,558 3759417 191,839 -49%
Bicycle&Pedestrian Projects Grant - - 1,500,000 195,000 -87%
Transportation) 62,132,412 3,702,556 61,796,044 44,925,138 -27%
Interlibrary Loan Program(ILL) - - 25,000 25,000 0%
TexTreasures Grant 24,820 24,820
TIFMAS Training Tuition Grant - 9,000 9,000 0%
Miscellaneous New Grants - 3009000 300,000 0%
Other - - 358,820 358,820 0%
Total FY 2019-20 Budget 70,868,691 3,960,993 66,560,367 47,016,340 -29%
New Awards
Federal Equitable Sharing - 142,749 142,749 142,749 0%
Chapter 59 Asset Forfeitures 10,334 10,334 10,334 0%
U.S.Marshals Violent Offenders Task Force 5,127 5,127 5,127 0%
Organized Crime Drug Enforcement Task Force 2,781 2,781 2,781 0%
Sexual Assault Nurse Examiners(SANE)
Reimbursement 1,214 1,214 1,214 0%
Public Safety 162,205 162,205 162,205 0%
TxDot-IH35 E FR&Brinker Signal 56,394 56,394 56,394 0%
Transportation - 56,394 56,394 56,394 0%
259
City of Denton
Grants
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended December 31,2019
EXPENDITURES CURRENT ANNUAL ANNUAL BUDGET VS
GRANT DESCRIPTION AS OF 9/30/20192 Y-T-D BUDGET PROJECTION PROJECTION
Collaborative Summer Library Program
Scholarship Award - 118 118 118 0%
Others 118 118 118 0%
Total New Awards - 218,717 218,717 218,717 0%
TOTALS $ 70,868,691 $ 4,179,710 $ 66,779,084 $ 47,235,057 -29%
1 This grant amount will be spent over several years and the fiscal year 2019-20 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.
260
Section 3
City of Denton
Quarterly Financial Report
December 2019
REVENUE & ECONOMIC
ANALYSIS
261
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.
262
HilltopSecuri i t es
Asset Management.
National Economic Trends
Period Ending December 30, 2019
Gross Domestic Product(GDP)
Gross Domestic Product The economic growth rate has stabilized at
Quarterly Annualized Percentage Change a lackluster pace.The initial reading of fourth
quarter GDP growth came in at an annualized
611) rate of+2.1%. On the surface, the Q4 number
50 _,,,,, HistorkalAvg,3.296 was as expected, but the underlying details
paint a much weaker picture. In particular, the
3.5 3s consumer spending downtrend continued with
�, >t household consumption slowing from a 4.6%
Au —...... _. ............ ..... .............
pace in Q2 to +3.2% in Q3 to a +1.8%
10 2A _�.:.......__ ............. ....._..... ........... ..........._. ._.........—........._.. ......t,o ......_:.i ... a annualized rate during the fourth quarter.
t.t Business investment growth was negative for
the third straight quarter. With the China trade
war no longer escalating, the hope is that U.S.
businesses will increase their spending in 2020,
but early indications are that purchasing
7A _ �._.........- ---------._.._............................._..............._................_.........—........._...........—.........— managers remain pessimistic. When
5 government purchases and the volatile
Q n
inventory and trade components are factored
Source.US Census Bureau i Bbombarg out,real final sales rose by just+1.4%.
Nonfarm Payrolls
The labor market remains on solid ground.
thousands Charge In Hm ram rayrrRs —0—Unemoloyment Rate (1lrOPllt
Nonfarm payrolls added +145k new jobs in
eau —— — 810
�ota,�=Z23k December, slightly below the expected +160k
20t9arg•t76k 75 forecast while -14k jobs were subtracted from
76 710 the previous two month's count. For all of 2019
216 �t9 (subject to revision)there were 2.11 million jobs
7IxI -- g created, for an average of +176k per month.
- ;Fb '°i 65
- 6.0 Although below the 2018 average of+233k and
5.5 = the slowest annual pace of job creation since
z ' I 50 2011, there are plenty of legitimate reasons for
the weakening. First and foremost, December
45' au 4n a.0 OU marked a record 111 straight months of
.._....3.9..._.. 35 4.o uninterrupted job gains,while the U.S. economy
100 ... .... 7A 7.S 3.6 j.8.36,,.,:•....,r..,,.........3B .,..
7.g 3.a3s3.7 3.7 37373.7
3a 3.5 1.5 enters its 127th month of expansion ...so most
people are working already, and some
moderation is to be expected. The economy did
slow in 2019, so again, a lesser pace of hiring
makes sense.
soura�aurwu a uaorsut,socs/aloamwn
263
Inflation
Inflation generally remains tame. The Fed
Inflation Indicators(Year-Over-Year Percent Change) could potentially cut rates again if inflation
3.5 ......••...•• CPI-Allltems CPI-Care PCE-Core `............•••• 3.5 were to fall in 2020. The headline consumer
f• t1
price index (CPI) rose +0.2% in December,
3.0 .........................................................................................................................................................................................1— 3.0 following a +0.3% increase in November.
2.5 ...................................... .... .... .... ... ........... ....................................................................................................... 2.5 The year-over-year pace ticked up from
+2.1%to+2.3%. Core CPI(which excludes
2.0 ............... .. ... ...................................... .... .. 2.0 food and energy prices) rose just +0.2% in
December following a +0.1% gain in
1.5 .. ... .... .... .... ... .... .... .... ... .... ... ... ... ... ... . . ... ... .... .... ... .... .. 1.5 November. The year-over-year core rate
1.0 .. ... .... .... .... ... .... .... .... ... .... ... ... ... ... ... ... ... ... ... ... ... .... .... ... .... .. 1.0 held stable at +2.3% for the third
consecutive month. The more recent three-
o.s .. ... .... .... .... ... .... .... .... ... ....
....
... ..• ..•. ... ... ... ... .... ... ... .... .... ... .... .. 0.5 month annualized trend for core CPI is
running at +2.0%. The Fed favorite Core
o.o o.o Personal Consumption Expenditures (PCE)
-0.5 ............................................................................................................................................................................................. .0.5 rose +0.1% in November, meeting
o Q v 4d ; - � ° g ° Q d V v ; - a ° g °; expectations, while the year-over-year pace
0000 W W � � � � ° � � � W � � slippedfrom+l.7%to+1.6%.
Source-Bureau of Labor Statistics/Bureau of Economic Analysis/Bloomberg
Retail Sales
Retail Sales%Change Consumer spending is showing signs of
I
t>•Retail Sales Month-Over-Month Retail Sales Year-Over-Year slowing. Headline retail sales increased by
+0.3% in December, matching the median
8.00 ................................................................................................................................................................................................................................ forecast in Bloomberg's survey as well as
7.00 ................................................................................................................................................................................................................................ November's +0.3% gain. The ex-autos and
11!
6.00 ............................................ 91111111
A........ ............ ................................................................................................................................................. gasoline figure rose +0.5%, a tenth better
5.00 ....... .................... ........ ................................... ..................................................................................................................................... .... than expected, although November was
4.00 ................................................................................... ............ ........................................................................ ...... .................. ........ revised down from 0%to-0.2%.The control
3.00 .......................................................................................................... ........................ ................. . .................................... .:.:............. group, which excludes several volatile
2.00 ............................................................................................................. ... ......... ............................................................................................ categories, feeds into GDP calculations and
is generally considered a better gauge of
0.00 —— �i�=■ ' f S�f ... underlying consumer heath, also rose
■ s +0.5%, but again November data was
-1.00 ............................................................................................................. revised lower from +0.1% to -0.1%.
-2.00 ............................................................................................................. ........................................................................................................... According to reports by Bloomberg
-3.00 ........................................................................................................................................................................................................ le Intelligence, 1 d
D g _ E 0 2 m v > g > �^ 0 o to >.gerice, retail sales increase at an
N N ;. annualized rate of+6.0%in Q3 but actually
,1 00 � � � oo � � � � ID 0
declined at annualized-0.3%rate in Q4.
Source_US Census Bureau/Bloomberg
264
Denton County and Texas Home Sales
Texas home sales dropped -16.5% in the
40.0 Texas/Denton cty Home Sales(NSA) 22DO fourth quarter, but rose +7.5% over the
37.5 same three-month period a year ago. The
35.0 average Texas home price in December was
1700 32.5
3. .\ 4 r.� �� I $303k, slightly below the record high of
27.5 `. ` m $306.3k in June, but an increase of+6.5%
25.0V.
I r 1 I v I II
ipp from a year ago.
22.s
20.0 •`
I 91
17.5 I i li In Denton County,unit home sales declined
150 '� by -18.5% during the fourth quarter, but
12.5 rose +14.7% over the same three-month
10.0 —Tx Home sales
7.5 —-DentmCtyHameSae period a year ago. The average home price
5.0 —U1mr(T%H-9alea) in December was $361.8k, an increase of
-LNur(Demon IXy Home Sales)
_ +4.7%year-over-year,but below the$371.3
O.D
3= m= m= m = d= m = hi hpoint from five months earlier.Denton
N N N N W W A A A A N N m m County home listings totaled 2,839 in
December, a 9%decline year-over-year.
The paper was prepared by Hilltop Securities 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 Hilltop Securities 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.
265
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 an 4.1%decrease from the prior quarter at the national level
and a 2.5%decrease at the state level. Staff has rated this outlook as Cautious.
Fuel Prices
�JSales Tax — Texas Fuel Prices —US Fuel Prices
$3.00 — $12
$2.50 $10
$2.00 $8
N N
o $1.50 $6
G
$1.00 $4
$0.50 $2
$0.00 $0
1Q'16 3Q'16 1Q'17 3Q'17 1Q'18 3Q'18 1Q119 3Q'19 1Q'20
Source: U.S. Department of Energy
266
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 1st Quarter of 2019-20 shows an increase of 1.8 for a 0.7% increase over the prior quarter and an increase of 3
for a 1.2%increase over the 1st Quarter of 2018-19. Staff has rated this indicator as Negative.
Municipal Cost Index
260.00
255.00
250.00
245.00
240.00
235.00
3Q'17 4Q'17 1Q118 2Q'18 3Q'18 4Q'18 1Q119 2Q'19 3Q'19 4Q'19 1Q'20
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.
267
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 accommodations; motels; a tourist home, house or court; lodging house; inn; rooming house; 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 1st Quarter of FY 2020 was 2.95% less than budget but 1.72% more than prior year's actual.
Staff has rated the outlook for this economic indicator as Positive.
1st Quarter FY 2019-20
Actual Y-T-D
Occupancy Tax Revenue: $ 717,292 $ 717,292
FY 2019-20 Budget $ 739,120 $ 739,120
Over(Under) Budget $ (21,827) $ (21,827)
FISCAL YEAR FORECAST
Hotel Occupancy Tax Budget: $ 3,375,164
End of Year Projection: $ 3,375,164
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 2016-17 ■FY 2017-18 FY 2018-19 FY 2019-20
268
Sales and Use Tax Analysis Outlook
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 1st quarter of FY 2020 compared to revenues from
the prior year 1st quarter shows a 5.95% increase, and compared to the budget it is 3.69% above. Staff has rated this
indicator as Cautious.
Quarter FY 2019-20
Actual •
Revenue:Gross Sales Tax
Municipal Operations $ 462,215 $ 462,215
General Retail&Others 10,435,075 10,435,075
Comptroller Fees (205,023) (205,023)
Amount Retained (200,924) (200,924)
' Total Revenue .All= $ 10,491,343 $10,491,343
Expenses:Economic Incentives*
centives 801,309 $ 801,309
_ 9,690,034 9,690,034
JY 2018-19 Budget M,345,082 9,345,082
Over(Under)Budget $ 344,952 $ 344,952
Sales Tax Budget: $ 39,281,942
Year End Projection: 39,281,942
Variance to Original Budget: $ -
Economic Development Expenditure Budget: $ 3,011,090
Year End Projection: 3,011,090
Variance to Original Budget: $ -
Gross Sales Tax Collections (Millions)
$12.0
$10.0
$8.0 —-
$6.0 —
$4.0
$2.0
$0.0
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
o FY 2015-16 Actual u FY 2016-17 Actual u FY 2017-18 Actual Li FY 2018-19 Actual V FY 2019-20 Actual
*Economic Incentive actuals are through November 2018 with budget amount for December.
1.Includes Denton Crossing,Unicorn Lake,Rayzor Ranch,Golden Triangle Mall,O'Reilly Hospitality,and Buc-ee's.
269
Certificates of Occupancy 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 decreased 1.68%from the prior quarter and increased 194.96%from
the 1st Quarter of 2019. Staff has rated the outlook for this revenue indicator as positive.
Certificates of Occupancy
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0 -1111111 , 411111111111
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
'14 '14 '15 '15 '15 '15 '16 '16 '16 '16 '17 '17 '17 '17 '18 '18 '18 '18 '19 '19 '19 '19 '20
Source:City of Denton's Development Services Department.
270
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 40.1% from the prior quarter and decreased 7.3% from the 1st
Quarter of 2019. Staff has rated the outlook for this revenue indicator as Cautious.
Residential Permits
350.0
300.0
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 4Q 1Q
'14 '14 '15 '15 '15 '15 '16 '16 '16 '16 '17 '17 '17 '17 '18 '18 '18 '18 '19 '19 '19 '19 '20
Source:City of Denton's Development Services Department.
271
Texas Leading Indicators Index I Outlook I Cautious
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 a decrease in the state's rate of growth. The index decreased .19% from the prior quarter and
increased .38%from the 1st Quarter of 2018-19. Staff has rated this indicator as Negative
Texas Leading Indicators Index
140.0
135.0
130.0
125.0
120.0
115.0
110.0
105.0
100.0
3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q
110 '11 '11 '12 '12 '13 '13 '14 '14 '15 15 '16 '16 '17 '17 '18 '18 '19 '19 '20
Source: Federal Reserve Bank of Dallas
272
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 2.69%for the 1st Quarter.
The unemployment rates for most of the other reported sectors were either up slightly or flat from the prior
quarter. As a result of the doward trend since the high of the 1st Quarter of 2014, 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
1Q'14 3Q'14 1Q'15 3Q'15 1Q'16 3Q'16 1Q'17 3Q'17 1Q'18 3Q'18 1Q'19 3Q'19 1Q'20
1=m1Dallas-Plano-Irving MD (Denton -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.
273
Section 4
City of Denton
Quarterly Financial Report
December 2019
INVESTMENT REPORT
274
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
W"I
INVESTMENTPOOL
Policy
Par Market Book Unrealized Max. Benchmark
!Portfolio: Value Value Value Gainl(Loss)' WAM WAM YTM Yield*
------------------
1 Investment Pool $ 611,064,138 $ 613,068,792 $ 611,166,048 $ 1,902,744 223 550 1.96% 1.55%
1*Twelve month moving average of a one year
I U.S.T-bill yield
of Total
Par Market Book Unrealized Portfolio Policy
!Securities By Investment Type: I Value Value Value Gainl(Loss)' WAM YTM (Book Value) Max. I
------------------------------f
I U.S.Treasuries 1 179,000,000 179,736,593 179,126,075 610,518 351 2.13% 29.31% 100.00%
I U.S.Federal Agencies 261,281,000 262,596,567 261,285,570 1,310,997 272 2.09% 42.75% 100.00%
!Municipal Bonds - 0 0.00% 0.00% 15.00%
!Certificates of Deposit 5,000,000 5,000,000 5,000,000 - 36 2.30% 0.82% 35.00%
!Commercial Paper 1 37,500,000 37,452,494 37,471,265 (18,771) 43 1.58% 6.13% 15.00%
1 Local Government Investment Pools 1 125,255,390 125,255,390 125,255,390 - 1 1.57% 20.49% 50.00%
!Demand Deposits 3,027,748 3,027,748 3,027,748 - 1 1.00% 0.50% -
!Total Portfolio I$ 611,064,138 $ 613,068,792 $ 611,166,048 $ 1,902,744 282 2.08% 100.00%
!'Unrealized gaint(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: 12/31/2019 9I30I20119 Difference 1 213112 01 8 Difference
___ ____________________________________________ _________-------
___ __________________________ I
!Par Value :$ 611,064,138 $ 596,080,671 $ 14,983,467 $ 627,577,468 $ (16,513,330)
l Market Value !$ 613,068,792 $ 597,577,745 $ 15,491,047 $ 624,491,587 $ (11,422,795)
Book Value I$ 611,166,048 $ 595,794,891 $ 15,371,157 $ 626,046,406 $ (14,880,358)
!Unrealized Gain(Loss) !$ 1,902,744 $ 1,782,854 $ 119,890 $ (1,554,819) $ 3,457,563
!Weighted Average Maturity 223 282 (59) 223
!Yield to Maturity 1.96% 2.08% -0.117% 2.01% -0.05%
!Portfolio Composition:
!U.S.Treasuries 29.31% 26.83% 2.47% 10.69% 18.62%
W.S.Federal Agencies 42.75% 49.05% -6.30% 43.55% -0.80%
!Municipal Bonds 0.00% 0.67% -0.67% 0.80% -0.80%
(Certificates of Deposit 0.82% 0.84% -0.02% 13.10% -12.28%
Commercial Paper 6.13% 6.28% -0.14% 10.44% -4.31%
:Local Government Investment Pools 20.49% 15.88% 4.61% 21.12% -0.63%
!Demand Deposits 0.50% 0.45% 0.04% 0.30% 0.20%
:Bank Collateral Review**: Institution Collateral Type Market Value Collected Balance Pledge Required Collateral Ratio
--------------------------------------------------------------------------------------------------------------------------------------------------
:Wells Fargo Demand Deposits IBNY Mellon U.S.Agency MBS $ 25,605,391 $ 3,027,748 >102% 845.69%
:Independent Bank Certificates of Deposit :Fed Home Loan Bank Standby LOC $ 8,140,172 $ 4,949,989 >100% 164.45%
**Does not include FDIC insurance
:Depository Ledger Balance Review: Institution Account Type Beginning Bal. Deposits Withdrawals Ending Bel.
--------------------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo Bank Checking $ 3,780,768 $ 98,714,262 $ 99,467,282 $ 3,027,748
:Compliance Statement 8 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. DAVID GAINES
Reviewer:Antonio Puente,Jr.,CGFO Reviewer:David Gaines
Chief Financial Officer Director of Finance
NANCY TOWLE
Preparer:Nancy Towle,CGFO
Treasury Manager
275
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
Ist Fiscal Quarter 2019-December 31,2019 Page 2
INVESTMENT POOL
Current 3 Months Ago 3 Month 1 Year Ago I Year
------12/ ------------Difference----------12/31/2018---------Difference-----
War Value-U.S.Treasuries 179,000,000 $ 160,000,000 $ 19,000,000 $ 67,500,000 $ 111,500,000
!Par Value-U.S.Federal Agencies 261,281,000 292,281,000 (31,000,000) 272,956,000 (11,675,000)
!Par Value-Municipal Bonds 4,000,000 (4,000,000) 5,000,000 (5,000,000)
!Certificates of Deposit 5,000,000 5,000,000 82,000,000 (77,000,000)
!Par Value-Commercial Paper 37,500,000 37,500,000 66,000,000 (28,500,000)
!Local Government Investment Pools 125,255,390 94,609,584 30,645,806 132,202,864 (6,947,474)
I
Demand Deposits 3,027,748 2,690,087 337,661 1,918,604 1,109,144
!Total Par Value $ 611,064,138 $ 596,080,671 $ 14,983,467 $ 627,577,468 $ (16,513,330)
I
I
I
I
I
;Market Value-U.S.Treasuries 179,736,593 $ 160,421,080 $ 19,315,513 $ 67,136,495 $ 112,600,098
I
Warket Value-U.S.Federal Agencies 262,596,567 293,474,372 (30,877,805) 270,938,188 (8,341,621)
I
Market Value-Municipal Bonds 4,000,000 (4,000,000) 4,948,950 (4,948,950)
I
!Certificates of Deposit 5,000,000 5,000,000 - 82,000,000 (77,000,000)
I
Warket Value-Commercial Paper 37,452,494 37,382,622 69,872 65,346,486 (27,893,992)
I
!Local Government Investment Pools 125,255,390 94,609,584 30,645,806 132,202,864 (6,947,474)
I
1 Demand Deposits 3,027,748 2,690,087 337,661 1,918,604 1,109,144
I
Total Market Value $ 613,068,792 $ 597,577,745 $ 15,491,047 $ 624,491,587 $ (11,422,795)
I
I
I
I
I
!Book Value-U.S.Treasuries 179,126,075 $ 159,877,995 $ 19,248,080 $ 66,927,741 $ 112,198,334
!Book Value-U.S.Federal Agencies 261,285,570 292,230,562 (30,944,992) 272,619,818 (11,334,248)
I
!Book Value-Municipal Bonds 4,000,000 (4,000,000) 5,000,000 (5,000,000)
I
!Certificates of Deposit 5,000,000 5,000,000 - 82,000,000 (77,000,000)
I
!Book Value-Commercial Paper 37,471,265 37,386,663 84,602 65,377,379 (27,906,114)
:Local Government Investment Pools 125,255,390 94,609,584 30,645,806 132,202,864 (6,947,474)
Demand Deposits 3,027,748 2,690,087 337,661 1,918,604 1,109,144
:Total Book Value $ 611,166,048 $ 595,794,891 $ 15,371,157 $ 626,046,406 $ (14,880,358)
:Accrued Interest $ 2,662,163 $ 1,925,422 $ 736,741 $ 3,374,014 $ (711,851)
:Cash Value- $ 615,730,955 $ 599,503,167 $ 16,227,788 $ 627,865,601 $ (12,134,646)
:(Total Market Value+Accrued Interest)
:Unrealized Gain/(Loss) $ 1,902,744 $ 1,782,854 $ 119,890 $ (1,554,819) $ 3,457,563
:Change in Fair Value since 9/30/18 $ (288,646) $ (671,478),$ 382,832 $ (1,516,332), $ 1,227,686
:(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.
-----------------------------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
276
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
Page 3
INVESTMENT POOL
Current 3 Months Ago I Year Ago
!Summary By Security Type: 12/3112019 9130/2019 12/31/2018
I ---------------------------------------------------------------------------------------------------------------------
!U.S.Treasuries-Coupon $ 179,126,075 $ 159,877,995 $ 66,927,741
!U.S.Federal Agencies-Amort - - 6,107,691
W.S.Federal Agencies-Coupon 245,529,570 276,474,562 245,756,279
W.S.Federal Agencies-Callable 15,756,000 15,756,000 20,755,849
;Municipal Bonds-Coupon - 4,000,000 5,000,000
!Certificates of Deposit-CDARS - - 42,000,000
!Certificates of Deposit-SLOG 5,000,000 5,000,000 40,000,000
!Commercial Paper-Discount 37,471,265 37,386,663 65,377,379
!Local Government Investment Pools 1 125,255,390 94,609,584 132,202,864 1
I
!Demand Deposits 1 3,027,748 2,690,087 1,918,604
I I
!Total Book Value 1 611,166,048 $ 595,794,891 $ 626,046,407
I I
I I
I
I
I Current
1 112/3112019
I
I
I
I
I E U.S.Federal Agencies-Coupon
I
1 40.17%
■
I
I
I
I U.S.Treasuries-Coupon
1 29.31%
■ U.S.Federal Agencie
Callable
2.58%
■ Demand Deposits
0.50% ■ CD-SLOC
0.82%
■ Commercial Paper-Discount
6.13%
■ Local Government Investment Pools
20.49%
K
------------------------------------------------------------------------------------------------------------------------------------------------------------
: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 days).
-------------------------------------------------------------------------------------------------------------------------------------------------------------------
Current 3 Months Ago I Year Ago
:Summary By Security Type: I 12/3112019 9130/2019 12/3112018
---------------------------------
P.S.Treasuries-Coupon 29.31% 26.83% 10.69%
:U.S.Federal Agencies-Amort - - 0.97%
:U.S.Federal Agencies-Coupon 40.17% 46.40% 39.26%
:U.S.Federal Agencies-Callable 2.58% 2.65% 3.32%
:Municipal Bonds-Coupon - 0.67% 0.80%
:Certificates of Deposit-CDARS - - 6.71%
:Certificates of Deposit-SLOG 0.82% 0.84% 6.39%
:Commercial Paper-Discount 6.13% 6.28% 10.44%
:Local Government Investment Pools 20.49% 15.88% 21.12%
:Demand Deposits 0.50% 0.45% 0.31%
:Total 100.00% 100.00% 100.00%
:-------------------------------------------------:--------------------------------------------------------------------------------------------------------------------------------------------------------------------:
277
CITY OF DENTON:QUARTERLY INVESTMENT REPORT
INVESTMENTPOOL
Current 3 Months Ago 1 Year Ago
!Summary By Issuer. ----_12/31/2019--------------------------------9/30%20.19-------------------------------12/31Y1018----_ j
!CDARS CDs $ - $ - $ 42,000,000
'CORNELL UNIVERSITY 4,995,938 - -
I DALLAS,TX WTR&SWR REV BDS - 4,000,000 4,000,000
1 FFCB 68,570,870 68,582,551 67,645,911
I FHLB 1 121,984,247 142,993,541 113,959,085
1 FHLMC 1 45,923,966 45,854,964 30,870,083
1 FNMA 1 24,806,488 34,799,506 77,690,423
!INDEPENDENT BANK CDs 1 5,000,000 5,000,000 15,000,000
!JP MORGAN SECURITIES LLC I
1 4,999,286 4,966,447 15,830,273
KAISER I
1 4,997,939 9,968,250 -
LEGACYTEXAS BANK CDs' I
I - 25,000,000
!NATIXIS NY BRANCH I
I - 14,746,263
I NESTLE FINANCE INTL LTD I
1 4,994,906 -
1 NORTHWESTERN ESTERN UNIVERSITY 2,493,469 2,488,863 -
I RBC 4,989,092 - 4,947,500
;STATE OF CALIFORNIA 5,000,000 5,000,000 -
lTEXAS A&M UN IV REV BIDS I - - 1,000,000
1TEXPOOL 25,000,000 25,054,194 25,102,864
!TEXSTAR 100,255,390 69,555,390 107,100,000
!TOYOTA MOTOR CREDIT CORP 4,995,542 4,968,197 29,853,322
I U.S.TREASURY 179,126,075 159,877,995 49,382,057
1 UNIVERSITY OF NORTH CAROLINA 1 5,000,000 5,000,000!WELLS FARGO DEMAND DEPOSITS 1 3,027,748 2,690,087 1,918,604
!Total Book Value 1 $ 611,166,048 $ 595,794,891 $ 626,046,406
Current
12/31/2019
It NORTHWESTERN UNIVERSITY
■CORNELL UNIVERSITY
as WELLS FARGO DEMAND DEPOSITS
■1P MORGAN SECURITIES LLC \1%41%
0.81%
■TOYOTA MOTOR CREDIT CORP 0.50%
■INDEPENDENT BANK CDs 0.82%
■RBC 19.96% 0.82%
■STATE OF CALIFORNIA 0.82%
■UNIVERSITY OF NORTH CAROLINA 0.82%
■KAISER
0.82%
■TEXPOOL A 0.82%
0.81%
■FNMA
■FHLMC 4.09%
■FFCB 16.40% ` 7.51% 4.06%
■TEXSTAR r
■FHLB 11-
■U.S.TREASURY
!Objective: It is the policy of the City to diversify its investment portfolio by restricting investments in a single issuerfinstitution to no more than 35 percent of the portfolio's total book value
and to those offering repurchase agreements,collateralized CDs(including standby letters of credI),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
vestment types may be further limited.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Current 3 Months Ago 1 Year Ago
!Summary By Issuer: 9--------------------------------9/30/2019-------------------------------12/31/2018
!CDARS CDs - - 6.71%
ICORNELL UNIVERSITY 0.81% - -
!DALLAS,TX WTR&SWR REV EMS - 0.67% 0.64%
1 FFCB 11.22% 11.51% 10.80%
I FHLB 19.96% 24.00% 18.20%
1 FHLMC 7.51% 7.70% 4.93%
:FNMA 4.06% 5.84% 12.41%
INDEPENDENT BANK CDs 0.82% 0.84% 2.40%
:JP MORGAN SECURITIES LLC 0.82% 0.83% 2.53%
1 KAISER 0.81% 1.67% -
LEGACYTEXAS BANK CDs' - - 3.99%
NATIXIS NY BRANCH - - 2.36%
:NESTLE FINANCE INTL LTD - 0.84%NORTHWESTERN UNIVERSITY 0.41% 0.42% -
RBC 0.82% - 0.79%
!STATE OF CALIFORNIA 0.82% 0.84% -
ITEXAS A&M UNIV REV BDS - - 0.16%
iTEXPDDL 4.09% 4.22% 4.01%
!TEXSTAR 16.40% 11.67% 17.11%
iTDYDTA MOTOR CREDIT CORP 0.82% 0.83% 4.77%
U.S.TREASURY 29.31% 26.83% 7.89%
:UNIVERSITY OF NORTH CAROLINA 0.82% 0.84%:WELLS FARGO DEMAND DEPOSITS 0.50% 0.45% 0.30%
:Total 100.00% 100.00% 100.00%
I`Formerly,ViewPoint Bank
278
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
INVESTMENTPOOL
Current 3 Months Ago 1 Year Ago
Maturity Time Frame: ______________________________________________________019________________________________------2018_ _
100-03 Months $ 268,783,138 $ 149,799,671 $ 250,121,468
103-06 Months 77,000,000 118,000,000 76,000,000
106-12 Months 84,756,000 136,756,000 109,200,000
112-24 Months 160,525,000 164,025,000 184,756,000
124 Months&Over 20,000,000 27,500,000 7,500,000
Total Par Value $ 611,064,138 $ 596,080,671 $ 627,577,468
$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
000-06 Months 006-12 Months ■12-24 Months 024 Months&Over
I ______________________________________________________________________________________________________________________________________________________'
(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.
1 1----------------------------------------------------------------------------------------------------------------------------
Current 3 Months Ago 1 Year Ago
:Maturity Time Frame: 12/31/2019 9/30/2019 12/31/2018
1 --------------------------------------------------------------------------------------------------------------- 1
:00-03 Months 43.99% 25.13% 39.85%
03-06 Months 12.60% 19.80% 12.11%
06-12 Months 13.87% 22.94% 17.40%
12-24 Months 26.27% 27.52% 29.44
24 Months&Over 3.27% 4.61% 1.20%
:Total 100.00% 100.00% 100.00%
279
CITY OF DENT. QUARTERLY
ECONOMIC SUMMARY
Interest Rate History
:Source: U.S.Federal Reserve Statistical I 1
}-------------------------------------------------Y-------------------------------------------------__________________________________________________1
:Release(H.15) Fiscal Year 2014-2015 Fiscal Year 2015-2016 Fiscal Year 2016-2017
Dec-14 Mar-15 Jul Sep-15 Dec-15 Mar-16 Jul Sep-16 Dec-16 Mar-17 Jul Sep-17
;Market Sector: I Avg Avg Avg--------Avg-------Avg Av9--------Avg--------A------------9-------Av9--------Av9-----------9---+
t------------------- --- --- + -----------Av --- -- a
;Fed Funds(effective) 1 0.12% 0.11% 0.13% 0.14%1 0.24% 0.36% 0.38% 0.40%1 0.54% 0.79% 1.04% 1.15%:
13-Month U.S.T-Bill 1 0.03% 0.03% 0.02% 0.02%1 0.23% 0.30% 0.27% 0.29%1 0.51% 0.75% 1.00% 1.05%:
12-Year U.S.T-Note 1 0.64% 0.64% 0.69% 0.71%: 0.98% 0.88% 0.73% 0.77%1 1.20% 1.31% 1.34% 1.38%1
Portfolio Benchmark* 1 0.12% 0.15% 0.18% 0.24%: 0.32% 0.41% 0.49% 0.54%1 0.61% 0.69% 0.83% 1.00%1
;Portfolio Yield 1 055% 0.57% 0.57% 0.65%1 0.72% 0.79% 0.81% 0.90%1 0.95% 1.07% 1.16% 1.25%1
t------=------------------------------------------1-------------------------------------------------u--------------------------------------------------1
I I '
Fiscal Year 2017-2018 1 Fiscal Year 2018-2019 Fiscal Year 2019-2020
Dec-17 Mar-18 Jul Sep-18 I Dec-18 Mar-19 Jul Sep-19 Dec-19 Mar-20 Jun-20 Sep-20
Market Sector: 1 Avg Avg--------Avg--------Avg---1------ Av9------------ -----------Avg1----Avg Avg--------A�9--------Avg
t------------------- --- --- 1 -Avg
Avg
a ------------Avg
;Fed Funds(effective) 1 1.30% 1.67% 1.90% 2.15%1 2.40% 2.41% 2.37% 1.90%1 2.40%
13-Month U.S.T-Bill 1.32% 1.71% 1.92% 2.20%1 2.36% 2.39% 2.09% 1.82%1 2.36%
12-Year U.S.T-Note 1.84% 2.27% 2.53% 2.57%1 2.49% 2.26% 2.10% 1.76%1 2.49%
;Portfolio Benchmark* 1 1.20% 1.46% 1.75% 2.05%: 2.33% 2.48% 2.00% 1.80%1 1.55%
;Portfolio Yield 1 129% 1.42% 1.58% 1.73%y 2.01% 2.20% 2.20% 2.08%j 1.96% 1
t------=------------------------------------------ ------------------------------------------------ ---------------------------------------------------
*Twelve month moving average of a
;one year U.S.T-bill yield
FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20
3.00%
1.00% --
i
0.00%
Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec-
-Fed Funds 3-Month T-Bill t 2-Year T-Note Portfolio Yield Portfolio Benchmark*
---------------------------------------------------------------------------------------------------------------------------------------------------------
Fiscal Year to Date Earnings
------------__------------------------------------_r____________________________________r________________________,____________. ______________,
1st Quarter 2nd Quarter 3rd Quarter 4th_Quarter
I Fiscal Year: 3 Months 6 Months 9 Months 12 Months
' -------------------------------------------------________________________S___________ ________________________S___________�___
2019-2020 : $ 3,035,543 I :$ - :$ - : $ -
2018-2019 $ 2,955,835 $ 6,122,536 $ 9,262,499 $ 12,354,692
2017-2018 $ 2,138,420 $ 4,317,890 $ 6,515,166 $ 8,955,045
2016-2017 $ 1,175,753 $ 2,763,135 $ 4,734,315 $ 6,999,226
:2015-2016 $ 849,369; $ 1,771,206; $ 2,743,857; $ 3,961,973
:QUARTERLY COMM_E_N__T_A__R__Y_________________
r--------------------- ---- -- - --- - ----------------------------------------------------------------------------------------------------------17-------
:December 31,2019 ;The portfolio was in compliance with the City's Investment Policy during the first quarter. In July,there were maturities totaling :
:Source: Hilltop Securities Asset :$25 million,and$39 million in purchases at an average yield of 2.01%. In August,there were maturities totaling$43.7 million
!Management Economic Summary :with an average yield of 1.91%. Purchases in August totaled approximately$22.5 million at an average yield of 1.99%. During
:September,three investments matured totaling$18 million with an average yield of 1.97%,and seven new investments were
:purchased totaling$60 million with an average yield of 1.84%.The portfolio's weighted average yield remains higher than the
:benchmark 12-month Treasury bill index by 28 basis points.Portfolio liquidity at the end of December was approximately
:20.99%.The Fed cut interest rates twice this quarter by 25 basis points each time,moving the target range to 1.75%to 2.0%.
Further tariffs are expected by the end of the year,along with another predicted rate cut in December.Staff will continue to
:monitor the investment portfolio and ensure compliance with the City's Investment Policy and the Public Funds Investment Act.
---------------------------------------------------------------------------------------------------------------------------------------------------------
280
CITY OF DENTON
CIP Funds Summary
As of December 31, 2019
----- ---- ---- ---- ---- Project Age ---- ---- ---- ---- -----
More than Remaining Encumbered Unencumbered
Departments: 04YR 5-8YR 9-10YR 10YR Amount Amount Amount
Facilities $ 24,828,271 $ 4,702,479 $ $ $ 29,530,750 $ 11,985,755 $ 17,544,995
Airport 3,616,882 - - - 3,616,882 267,886 $ 3,348,996
Engineering 30,830,887 46,126,721 5,302,316 5,227,176 87,487,100 44,067,906 $ 43,419,194
Development 7,077,585 33,201 - - 7,110,786 726,796 $ 6,383,990
Customer Service 37,694 - - - 37,694 - $ 37,694
Streets 32,629,228 - - - 32,629,228 2,813,329 $ 29,815,899
Traffic 11,220,300 2,028,917 - 16,292 13,265,509 2,392,615 $ 10,872,894
Parks 6,939,475 616,133 150,875 - 7,706,483 799,921 $ 6,906,562
Public Arts 582,867 - - - 582,867 105,016 $ 477,851
Water 31,372,873 30,556,579 1,010,089 - 62,939,541 44,970,593 $ 17,968,948
Wastewater 27,094,859 4,257,179 20,355,408 750 51,708,196 22,167,246 $ 29,540,950
Drainage 7,544,510 1,140,725 - - 8,685,235 5,403,276 $ 3,281,959
Solid Waste 19,133,594 - - - 19,133,594 5,850,659 $ 13,282,935
Warehouse 229,006 - - - 229,006 - $ 229,006
Motor Pool 4,797,468 - - - 4,797,468 1,207,263 $ 3,590,205
Fleet 804,631 - - - 804,631 78,694 $ 725,937
Tech Services 6,245,728 64,428 - - 6,310,156 2,567,667 $ 3,742,489
Electric 76,332,885 24,236,811 1,076,346 1,053,540 102,699,582 18,735,306 $ 83,964,276
Total City $ 291,318,743 $ 113,763,173 $ 27,895,034 $ 6,297,758 $ 439,274,708 $ 164,139,928 $ 275,134,780
281
City of Denton -Job Cost Summary
oftv
Facilities
Proffiec Bus Unit Budclet Expenditures Remaining Encumbrances Unencumbered
100185XXX CITY BUILDING ADA REPAIRS Total 460,887.27 189,564.43 271,322.84 0.16 271,322.68
100194XXX FIRE STATION#3 REBUILD Total 9,403,525.90 4,871,825.37 4,531,700.53 4,352,478.47 179,222.06
100198XXX POLICE FIRING RANGE IMPR Total 205,969.00 150,920.70 55,048.30 500.00 54,548.30
100199XXX POLICE REMODEL & RELOCATION Total 316,403.64 290,424.33 25,979.31 25,125.25 854.06
100201XXX PARKING LOT ENHANCEMENTS Total 203,950.00 114,199.28 89,750.72 40,877.36 48,873.36
100218XXX FIRE STATION #8 LAND ACQ Total 5,439,724.32 674,164.08 4,765,560.24 4,336,000.44 429,559.80
100231XXX COMMUNICATION CENTR RELOCATION Total 103,596.36 93,228.41 10,367.95 865.71 9,502.24
100232XXX CITY HALL WEST BUILDING USAGE Total 111,918.35 93,430.91 18,487.44 18,487.44 -
100233XXX AMERICAN LEGION HALL RENOVATIO Total 829,124.94 112,234.30 716,890.64 6,434.00 710,456.64
100235XXX MULTI PARKING LOT REPLACEMENT Total 2,728,986.31 344,548.09 2,384,438.22 243,133.30 2,141,304.92
100248XXX CCNHC TRAIL IMPROVEMENTS Total 324,000.00 197,907.10 126,092.90 - 126,092.90
100251XXX 2018 HVAC-FLOORING-ROOFS Total 1,062,410.74 356,189.32 706,221.42 132,021.45 574,199.97
100252XXX CITY HALLI-FS#1-SBLB REROOF Total 1,524,260.54 1,516,760.54 7,500.00 7,500.00 -
100254XXX 651 MAYHILL BLDG RENOVATION Total 1,626,069.40 321,067.96 1,305,001.44 55,991.04 1,249,010.40
100255XXX SERVICE CENTER RENOVATION Total 8,286,663.53 387,519.75 7,899,143.78 175,826.78 7,723,317.00
100257XXX NEW WORK ORDER SOFTWARE Total 57,629.71 52,969.71 4,660.00 4,500.00 160.00
100262XXX THREE OUTDOOR WARNING SIRENS Total 82,800.00 5,790.00 77,010.00 76,323.00 687.00
100264XXX BE-14 POLICE FAC DESIGN/LAND Total 3,999,061.00 614,067.84 3,384,993.16 2,509,690.00 875,303.16
100265XXX ANIMAL SERVICES FLOOR DRAINS Total 7,500.00 6,621.68 878.32 - 878.32
100266XXX LEGAL REMODEL Total 64,902.41 40,428.03 24,474.38 - 24,474.38
100267XXX N BRANCH LIBRARY NOISE CONTROL Total 30,000.00 22,470.44 7,529.56 - 7,529.56
100268XXX 2019 HVAC-FLOORING-ROOFS Total 3,000,000.00 - 3,000,000.00 - 3,000,000.00
100271XXX NEW CHAIRS FOR CITY COUNCIL Total 25,000.00 9,176.50 15,823.50 - 15,823.50
109999XXX FACILITIES UNALLOCATED FUNDING Total 101,875.14 - 101,875.14 - 101,875.14
Grand Total 39,996,258.56 10,465,508.77 29,530,749.79 11,985,754.40 17,544,995.39
282
-n I City of Denton -Job Cost Summary
MCNTON Airport
Promect Bus Unit Bugget Expenditures Remaining Encumbrances Unencumbered
200033XXX FY 2018 AIRPORT ROAD PAVING Total 881,396.56 783,746.56 97,650.00 23,550.00 74,100.00
200052XXX WEST SIDE PARALLEL RUNWAY Total 2,544,270.00 2,446,910.00 97,360.00 - 97,360.00
200062XXX FY18 PRIMARY RUNWAY&TAXIWAY Total 50,000.00 18,992.00 31,008.00 - 31,008.00
200063XXX FY 2018 NORTH TAXIWAY& RUNWAY Total 360,000.00 - 360,000.00 - 360,000.00
200065XXX CONTROL TOWER EQUIPMENT 2018 Total 90,000.00 7,100.00 82,900.00 400.00 82,500.00
200070XXX DENTON MED TRANSPORTATION Total 149,300.00 - 149,300.00 - 149,300.00
200071XXX AIRPORT PAVEMENT MAINTENANCE Total 250,000.00 46,618.08 203,381.92 - 203,381.92
200072XXX TXDOT RNWY LGHTING -WEST SIDE Total 180,160.00 - 180,160.00 - 180,160.00
200073XXX FY19 ARPRT SECURITY ENHANCMENT Total 250,000.00 193.08 249,806.92 214,501.98 35,304.94
200074XXX FY19 AIRPORT CONF ROOM UPGRADE Total 15,000.00 - 15,000.00 - 15,000.00
200075XXX AIRPORT LANDSIDE PAVING Total 1,300,000.00 1,883.17 1,298,116.83 29,434.37 1,268,682.46
209999XXX AIRPORT UNALLOCATED Total 852,198.12 - 852,198.12 - 852,198.12
Grand Total 6,922,324.68 3,305,442.89 3,616,88139 267,886.35 3,348,995.44
283
City of Denton -Job Cost Summary
Engineering
Pro'ect Bus Unit Budge Expenditures Remaining Encumbrances Unencumbered
250009XXX VINTAGE BLVD (BB TO IH 35W) Total 332,066.47 315,788.95 16,277.52 105,822.48 (89,544.96)
250013XXX CITY-WIDE SW &ADA RAMP SURVEY Total 5,020.58 - 5,020.58 - 5,020.58
250021XXX BE14-RUDDELL EXTENSION @ MINGO Total 1,635,794.00 316,935.80 1,318,858.20 0.25 1,318,857.95
250022XXX MORSE EXPAN LOOP288-MYHIL Total 3,150,000.00 236,795.73 2,913,204.27 253,180.83 2,660,023.44
250023XXX BB PH4 2ND ARTL IH35E-N SCRIP Total 11,213,756.07 8,660,528.16 2,553,227.91 421,923.08 2,131,304.83
250028XXX ENG SOFTWARE EQPMT&TNG Total 492,865.00 49,600.00 443,265.00 2,000.00 441,265.00
250043XXX HICKORY CREEK FM2181-2499 ENG Total 300,000.00 234,287.51 65,712.49 95,582.55 (29,870.06)
250044XXX HICKORY CREEK FM2181-2499- ROW Total 50,000.00 439,208.55 (389,208.55) 3,700.00 (392,908.55)
250045XXX HICKORY CREEK FM2181-2499 CONS Total 2,650,000.00 20,588.64 2,629,411.36 - 2,629,411.36
250046XXX N Texas BLVD ROUNDABOUT-ENG Total 401,029.73 74,024.49 327,005.24 25,473.66 301,531.58
250047XXX N TX BLVD ROUNDABOUT-CONSTRUCT Total 1,600,000.00 - 1,600,000.00 - 1,600,000.00
250049XXX ADA STUDY FOR ST/ROW/SIDEWALKS Total 205,000.00 182,164.75 22,835.25 22,835.25 -
250063XXX RTR- MCKINNEY(FORMERLY FM426) Total 18,267,303.00 4,070,231.69 14,197,071.31 12,271,950.87 1,925,120.44
250073XXX WARSCHUN INTRSECTION&TRUN LANE Total 101,827.91 2,792.92 99,034.99 - 99,034.99
250074XXX BIKE-PED CORDINATOR CONSLT SVC Total 45,000.00 44,999.50 0.50 - 0.50
250075XXX DOWNTOWN TIF PROJECTS Total 1,466,845.00 414,431.73 1,052,413.27 465,925.98 586,487.29
250076XXX BB PH6 2ND ARTERIAL UNI-WINSOR Total 7,486,146.43 1,145,161.85 6,340,984.58 1,301,504.22 5,039,480.36
250077XXX US 380 LIGHTING STUDY Total 75,000.00 74,679.91 320.09 - 320.09
250078XXX DOWNTOWN MEWS STREETS STUDY Total 177,076.95 122,692.42 54,384.53 15,542.39 38,842.14
250079XXX STANDARD CONSTRUCTION SPEC Total 1,008,800.00 901,254.19 107,545.81 116,608.89 (9,063.08)
250080XXX RYAN ROAD THOROUGHFARE PROJECT Total 200,000.00 7,616.79 192,383.21 - 192,383.21
250081XXX BE14-HICKORY CREEK ROAD REALIG Total 3,300,000.00 879,841.91 2,420,158.09 680,251.87 1,739,906.22
250100XXX EVERS WAY RETAINING WALL SURVE Total 5,710.00 6,230.37 (520.37) - (520.37)
250101XXX ENG SOFTWARE RTVISION Total 50,000.00 - 50,000.00 - 50,000.00
250102XXX LANDSCAPE REPAIR Total 4,000.00 3,000.00 1,000.00 - 1,000.00
250103XXX RAYZOR SOUTH PIPEBURST Total 998,778.00 367,636.78 631,141.22 282,396.00 348,745.22
250104XXX FURNITURE FOR DEVELOPMENT STAF Total 50,000.00 2,013.08 47,986.92 4,202.50 43,784.42
250105XXX FURNITURE FOR ENG CONFERENCE Total 45,000.00 978.00 44,022.00 - 44,022.00
250106XXX 2018 SIDEWALK CONSTRUCTION Total 282,177.09 16,236.27 265,940.82 218,444.32 47,496.50
250107XXX TRAFFIC OFFICE FURNITURE RELOC Total 5,000.00 - 5,000.00 2,991.34 2,008.66
350044XXX HICKORY CREEK FM2181-RIVERPASS Total 6,269,999.53 1,042,823.12 5,227,176.41 5,272,109.06 (44,932.65)
350045XXX BE14-MISC ROADWAYS Total 1,300,000.00 - 1,300,000.00 - 1,300,000.00
350280XXX MAYHILL PHASE 1 ENGINEERING Total 6,665,877.02 6,666,834.72 (957.70) - (957.70)
350281XXX MAYHILL PHASE 2 RIGHT OF WAY Total 11,600,333.48 11,306,426.20 293,907.28 - 293,907.28
350282XXX MAYHILL PHASE 3 UTILITIES Total 521,352.01 491,124.61 30,227.40 - 30,227.40
350283XXX MAYHILL PHASE 4 CONSTRUCTION Total 38,507,436.86 34,334,198.45 4,173,238.41 4,352,517.53 (179,279.12)
350285XXX BONNIE BRAE SOUTH ENGINEERING Total 7,906,967.23 6,761,652.91 1,145,314.32 733,125.04 412,189.28
350286XXX BONNIE BR SOUTH RIGHT OF WAY Total 3,098,082.93 3,038,772.18 59,310.75 51,625.83 7,684.92
350287XXX BONNIE BRAE SOUTH UTILITIES Total 1,129,282.19 382,692.20 746,589.99 52,022.93 694,567.06
350288XXX BONNIE BR SOUTH CONSTRUCTION Total 46,363,646.76 11,673,452.97 34,690,193.79 17,285,246.86 17,404,946.93
350462XXX MAYHILL DCTA BRIDGE Total 5,000,000.00 3,258,640.27 1,741,359.73 30,922.46 1,710,437.27
359000XXX UNALLOCATED - ENGINEERING Total 1,066,263.92 - 1,066,263.92 - 1,066,263.92
Grand Total 185,033,438.16 97,546,337.62 87,487,100.54 44,067,906.19 43,419,194.35
284
_n I City of Denton -Job Cost Summary
A
DENTON Development
ExpendituresPromect Bus Unit Budge .
100182XXX ANIM CONTR BLDG-FURN FIXT&EQ Total 158,023.00 157,725.81 297.19 - 297.19
100226XXX PUBLIC SAFETY RADIOS Total 2,000,000.00 1,997,702.00 2,298.00 - 2,298.00
100228XXX CAD SYSTEM REPLACEMENT Total 2,256,035.00 1,937,432.61 318,602.39 230,057.21 88,545.18
100243XXX EXPLOSIVE MAG &EQUIP SECURITY Total 14,000.00 14,262.76 (262.76) - (262.76)
300039XXX TIME ENTRY AUTOMATION Total 382,562.17 382,163.45 398.72 - 398.72
300047XXX USDN-TX SUSTAINABILITY PROFESS Total 4,997.00 4,105.99 891.01 - 891.01
300053XXX TECH DENTON CITY LEASE Total 202,173.26 198,757.86 3,415.40 3,415.40 -
300058XXX 83 POLICE OFFICER BODY CAMERAS Total 171,200.00 153,471.32 17,728.68 - 17,728.68
30006OXXX TASK CHAIRS FOR LBRARY Total 22,000.00 21,774.07 225.93 216.77 9.16
300061XXX DENTON DEVELOPMENT CODE Total 250,000.00 240,924.87 9,075.13 - 9,075.13
300068XXX POLICE PARKING LOT FENCING Total 90,000.00 83,016.29 6,983.71 - 6,983.71
30007OXXX SMALL AREA PLAN SECTOR 1 SOUTH Total 239,252.00 167,450.28 71,801.72 71,801.72 -
300071XXX HISTORIC PRESERVATION PLAN Total 120,000.00 67,763.98 52,236.02 - 52,236.02
300073XXX BUDGETING SOFTWARE Total 262,871.00 255,118.64 7,752.36 21,727.56 (13,975.20)
300077XXX COURTROOM AV EQUIPMENT Total 30,000.00 106.53 29,893.47 - 29,893.47
300079XXX LIBRARY MASTER PLAN Total 41,632.00 31,224.00 10,408.00 10,408.00 -
300080XXX MUNI ARCHIVES SUPPLIES & EQPT Total 8,000.00 8,036.33 (36.33) - (36.33)
300082XXX SATELLITE WORK STATION Total 6,315.00 - 6,315.00 - 6,315.00
300083XXX SRO RESPONSE EQUIPMENT Total 26,718.00 24,468.86 2,249.14 - 2,249.14
300084XXX LEGAL CONFERENCE ROOM CHAIRS Total 5,658.00 5,193.04 464.96 464.96 -
300085XXX POLICE DEPARTMENT SPACE STUDY Total 44,710.46 - 44,710.46 - 44,710.46
300086XXX MUNI COURT CONFENC RM BUILDOUT Total 3,500.00 516.32 2,983.68 - 2,983.68
300088XXX AUTOEXTERNAL DEFIBRILLATORS Total 53,888.40 51,937.15 1,951.25 - 1,951.25
30009OXXX CPR DEVICES Total 142,172.00 - 142,172.00 142,171.38 0.62
300091XXX STATION#7 ALERTING SYSTEM Total 71,100.84 69,095.47 2,005.37 - 2,005.37
300093XXX WEST OAK PARKING Total 14,500.00 14,244.86 255.14 - 255.14
300094XXX NLC COMMUNITY RESILIENCE GRANT Total 10,000.00 - 10,000.00 6,250.00 3,750.00
300096XXX SECURITY CAMERAS AT ANIMAL SVC Total 4,500.28 4,480.26 20.02 - 20.02
300099XXX DAYBREAK BUILDING APPRAISAL Total 10,025,250.00 4,511,792.50 5,513,457.50 11,139.25 5,502,318.25
30010OXXX FIRE HOSE REPLACEMENT Total 14,000.00 13,832.88 167.12 - 167.12
300101XXX EXHAUST FILTERS FIRE ST 5&6 Total 53,000.00 - 53,000.00 43,695.30 9,304.70
300102XXX LAND MGMT SOFTWARE-PLANNING Total 482,420.00 13,920.00 468,500.00 71,360.00 397,140.00
300103XXX LIBRARY PUBLIC TASK CHAIR REPL Total 22,673.00 22,672.59 0.41 - 0.41
300104XXX ECO DEV STRATEGIC PLAN Total 164,000.00 34,833.33 129,166.67 114,088.67 15,078.00
300105XXX COMPREHENSIVE PLAN UPDATE Total 95,000.00 - 95,000.00 - 95,000.00
300106XXX FINANCE OFFICE RENOVATION Total 25,000.00 - 25,000.00 - 25,000.00
309999XXX UNALLOCATED FINANCE FUNDS Total 4,414.19 - 4,414.19 - 4,414.19
400078XXX CLEAR CREEK HERITAGE CENTER Total 272,302.15 244,103.89 28,198.26 - 28,198.26
400127XXX WAY FINDING SIGNAGE Total 787,697.87 738,651.91 49,045.96 - 49,045.96
Grand Total 18,581,565.62 11,470,779.85 7,110,785.77 726,796.22 6,383,989.55
285
City of Denton -Job Cost Summary
Transportation
Promect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
921706XXX BUS STOP IMPROVEMENTS Total 15,000.00 300.00 14,700.00 - 14,700.00
Grand Total 15,000.00 300.00 14,700.00 - 14,700.00
286
_n I City of Denton - Job Cost Summary
DENTON Streets
Prq[qct Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
350425XXX BE12 - HINKLE DRIVE Total 2,400,842.00 133,502.94 2,267,339.06 1,720,483.11 546,855.95
350433XXX SMITH STREET Total 40,000.00 6,902.61 33,097.39 - 33,097.39
350434XXX JOHNSON STREET Total 40,000.00 6,620.21 33,379.79 - 33,379.79
350436XXX TRINITY BRIDGE Total 669,762.00 16,500.00 653,262.00 - 653,262.00
350457XXX WINDSOR DR (LOCUST-OLD NORTH) Total 838,613.00 659,224.09 179,388.91 7,881.03 171,507.88
350463XXX HICKORY ST PHV(WELCH-CARROLL) Total 696,765.28 214,442.77 482,322.51 89,935.83 392,386.68
350480XXX KING'S ROW Total 215,300.00 152,311.44 62,988.56 - 62,988.56
350481XXX YELLOWSTONE Total 228,350.00 219,470.83 8,879.17 - 8,879.17
350482XXX BE-14 KINGS ROW SID 487-4 Total 206,200.00 173,265.88 32,934.12 - 32,934.12
350483XXX BE-14 SHERATON RD SID 830, 830 Total 315,167.00 195,586.40 119,580.60 32,332.85 87,247.75
350485XXX BE-14 MASCH BRANCH Total 619,701.00 - 619,701.00 619,700.80 0.20
350489XXX BE-14 FORRESTRIDGE DR Total 576,542.00 314,762.14 261,779.86 203,121.05 58,658.81
350490XXX BE-14 HICKORY ST PH IV Total 400,000.00 343,512.30 56,487.70 29,095.56 27,392.14
350491XXX HICKORY ST SEWER RELOCATION Total 32,443.65 15,565.25 16,878.40 - 16,878.40
350492XXX HICKORY CREEK RD GUARDRAIL Total 35,000.00 34,649.00 351.00 - 351.00
350493XXX BE-14 SAGEWOOD ST Total 420,000.00 306,039.81 113,960.19 107,199.69 6,760.50
350494XXX BE-12 WELCH ST Total 69,713.00 - 69,713.00 3,579.00 66,134.00
350495XXX CO 14 2019 ST RECONSTRUCTION Total 5,850,715.00 1,382.31 5,849,332.69 - 5,849,332.69
350496XXX CO 12 2019 ST RECONSTRUCTION Total 2,821,449.61 - 2,821,449.61 - 2,821,449.61
350497XXX BE14 2019 ST RECONSTRUCTION Total 2,673,347.48 - 2,673,347.48 - 2,673,347.48
350498XXX BE12 2019 ST RECONSTRUCTION Total 655,127.98 - 655,127.98 - 655,127.98
359995XXX BE14-STREET RECONSTRUCTION Total 14,936,651.63 - 14,936,651.63 - 14,936,651.63
359996XXX GAS WELL- RDAP UNALLOCATED Total 386,738.02 - 386,738.02 - 386,738.02
359999XXX UNALLOCATED STREETS IMPRV FUND Total 294,537.54 - 294,537.54 - 294,537.54
Grand Total 35,422,966.19 2,793,737.98 32,629,228.21 2,813,328.92 29,815,899.29
287
City of Denton - Job Cost Summary
n Traffic
Promec Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
250011XXX BIKE TRAIL CROSSING BRINKER Total 40,000.00 2,743.76 37,256.24 13,290.00 23,966.24
250019XXX OAK/HICKORY BIKE ACCOMMODATION Total 220,000.00 156,841.38 63,158.62 5,868.89 57,289.73
250024XXX CRESCENT ST BIKE ACCOMMODATION Total 25,122.41 5,122.46 19,999.95 - 19,999.95
250025XXX DCTA BIKE HIKE TRAIL Total 70,000.00 43,500.01 26,499.99 4,726.99 21,773.00
250058XXX BE14- EAST SIDE STUART RD SW Total 245,000.00 11,896.12 233,103.88 - 233,103.88
250061XXX 2017 MISC. BIKELANES STRIPING Total 50,000.00 37,246.00 12,754.00 (0.05) 12,754.05
250065XXX BICYCLES WAYFINDING SIGNS Total 8,348.49 360.26 7,988.23 - 7,988.23
250066XXX HERCULES BIKE (SHERMAN-LOCUST) Total 100,000.00 - 100,000.00 - 100,000.00
250067XXX AVE A BIKE (COLLINS-HIGHLAND) Total 35,000.00 - 35,000.00 - 35,000.00
250090XXX BE14-POCKRUS PAGE RD Total 86,501.00 78,858.93 7,642.07 6,500.67 1,141.40
259998XXX UNALLOCATED BIKE FUND Total 132,020.00 - 132,020.00 - 132,020.00
300037XXX HICKORY ST. RAILROAD IMPRV Total 525,905.00 80,005.84 445,899.16 9,112.61 436,786.55
310001XXX RAIL QUIET ZONE MKNNY-PRR Total 541,310.00 - 541,310.00 - 541,310.00
310004XXX MCKINNEY SWALK DIVEWAY-AUSTIN Total 85,000.00 77,466.31 7,533.69 - 7,533.69
310005XXX PARKWAY SIDEWALK ELM- LOCUST Total 122,000.00 2,533.96 119,466.04 26,289.75 93,176.29
350167XXX ELAP-SIGNALIZATION TIMING Total 206,701.75 190,410.00 16,291.75 - 16,291.75
360100XXX ITS COMM TRUNK LINES-TXDOT Total 2,164,500.00 1,764,148.72 400,351.28 173,520.22 226,831.06
360118XXX COLORADO/MEDPARK TRAFFIC SIG Total 16,580.00 - 16,580.00 - 16,580.00
360119XXX BELL AND SHERMAN SIGNAL Total 556,848.40 78,986.14 477,862.26 31,208.49 446,653.77
360140XXX US-380/WESTERN BLVD SIGNAL Total 397,522.37 396,856.52 665.85 - 665.85
360141XXX OAK&JAGOE TRAFFIC SIGNAL Total 373,941.72 205,112.75 168,828.97 116,863.51 51,965.46
360142XXX BELL& MINGO SIGNAL Total 423,192.70 32,174.00 391,018.70 15,546.00 375,472.70
360143XXX BE14- BELL&EAGLE SIGNAL Total 100,000.00 11,125.00 88,875.00 10,375.00 78,500.00
360144XXX BE14-TEASLEY&DALLAS SIGNAL Total 30,000.00 34,099.72 (4,099.72) - (4,099.72)
360148XXX IH35E& LILLIAN MILLER SIGNAL Total 53,865.00 - 53,865.00 - 53,865.00
360156XXX EAGLE CORRIDOR IMPROVEMENTS Total 49,119.61 16,630.08 32,489.53 - 32,489.53
360158XXX SHORT-TERM TRAFFIC IMPROVEMENT Total 2,120,000.00 1,136,133.35 983,866.65 260,566.04 723,300.61
360159XXX CMAQ SIDEWALKS Total 100,284.00 1,644.00 98,640.00 - 98,640.00
360161XXX 2018 SIDEWALK SEGMENTS DESIGN Total 432,000.00 366,167.28 65,832.72 146,553.52 (80,720.80)
360162XXX SHERMAN SW(BOLIVAR TO ELM) Total 25,000.00 3,208.46 21,791.54 21,881.08 (89.54)
360164XXX SIGNAL SPECIFICATION DEVELOPMT Total 10,000.00 9,150.00 850.00 - 850.00
360165XXX 2019 SIDEWALK SEGMENTS DESIGN Total 281,492.81 193,965.56 87,527.25 47,600.00 39,927.25
360166XXX FY18-19 SMALL TRANS PROJECTS Total 3,250,000.00 214,212.03 3,035,787.97 215,655.06 2,820,132.91
360168XXX SYCAMORE/WELCH BIKE&PEDESTRIAN Total 190,627.00 4,331.00 186,296.00 - 186,296.00
360169XXX INS SIGN STRIP HICKORY CREEK Total 40,000.00 29,435.00 10,565.00 - 10,565.00
360171XXX UNT 1-35E SPECIAL EVENTS AGREE Total 60,000.00 53,082.60 6,917.40 - 6,917.40
360173XXX TRAFFIC WARRANT STUDIES Total 35,000.00 4,163.08 30,836.92 25,836.92 5,000.00
360174XXX HICKORY CREEK& MONTECIT SIGNA Total 341,690.49 - 341,690.49 - 341,690.49
360175XXX MOBILITY PLAN Total 605,330.00 199,866.00 405,464.00 337,434.00 68,030.00
288
City of Denton - Job Cost Summary
n Traffic
Promect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
360176XXX US-380/HERITAGE SIGNAL Total 108,664.17 108,664.17 35,843.75 72,820.42
360180XXX RAIL QUIET ZONE UNION PACIFIC Total 930,000.00 - 930,000.00 - 930,000.00
360181XXX WAZE DATA SHARING NCTCOG Total 5,000.00 - 5,000.00 - 5,000.00
360182XXX TXDOT IH35 E FR&BRINKER SIGNAL Total 205,000.00 56,393.93 148,606.07 204,937.15 (56,331.08)
360185XXX TWU TRAFFIC STUDY Total 70,000.00 - 70,000.00 - 70,000.00
369997XXX BE 14 STREET FUNDS FOR TRAFFIC Total 1,241,500.00 62,258.36 1,179,241.64 36,133.14 1,143,108.50
369999XXX UNALLOCATED TRAFFIC FUNDS Total (9,550.94) 463.76 (10,014.70) - (10,014.70)
921701XXX SAFETY FUND-OAK& FRY SIGNAL Total 383,400.00 88,283.70 295,116.30 240,650.00 54,466.30
921702XXX SAFETY FUND-ADA PROWAG IMPV Total 168,064.00 103,430.68 64,633.32 - 64,633.32
921705XXX PEDESTRIAN & BICYCLE SAFETY Total 7,000.00 - 7,000.00 - 7,000.00
921706XXX BUS STOP IMPROVEMENTS Total 15,000.00 300.00 14,700.00 - 14,700.00
921707XXX DOWNTOWN SIDEWALK IMPROVEMENTS Total 145,000.00 10,088.22 134,911.78 - 134,911.78
921710XXX SHERMAN@WINSOR TRAFFIC SIGNAL Total 400,000.00 20,183.50 379,816.50 55,366.50 324,450.00
921711XXX LOCUST@WINSOR TRAFFIC SIGNAL Total 400,000.00 26,206.00 373,794.00 18,994.00 354,800.00
921712XXX MCKINNEY@WOODROW TRAFFIC SIG Total 400,000.00 57,175.50 342,824.50 51,674.50 291,150.00
921713XXX CITYWIDE SPEED STUDY Total 80,000.00 - 80,000.00 - 80,000.00
921714XXX IH35E FR& FM 2181 SIGNAL Total 90,000.00 33,902.31 56,097.69 15,608.80 40,488.89
921715XXX LOOP 288&MCKINNEY SIGNAL Total 55,000.00 3,364.68 51,635.32 22,853.00 28,782.32
921716XXX LOOP 288& KINGS ROW SIGNAL Total 65,000.00 14,208.09 50,791.91 33,746.94 17,044.97
921717XXX LOOP 288&US 380 SIGNAL Total 80,000.00 9,480.03 70,519.97 39,022.00 31,497.97
921718XXX FM 426& MOCKINGBIRD SIGNAL Total 65,000.00 25,955.73 39,044.27 22,023.38 17,020.89
921719XXX TRAFFIC STRIPING TRUCK Total 150,000.00 - 150,000.00 146,933.00 3,067.00
Grand Total 19,203,979.98 5,953,170.81 13,250,809.17 2,392,614.86 10,858,194.31
289
_n I City of Denton -Job Cost Summary
DENTON Parks
P[2Lect Bus Unit Bugget EKEtriditures Remaining Encumbrances Unencumbered
400112XXX EMERGECY ACT PLAN LAKE FOREST Total 448,902.27 298,027.27 150,875.00 150,875.00 -
400145XXX Dog Park @ HWY 77& HINKLE Total 613,529.50 497,399.42 116,130.08 26,584.29 89,545.79
400171XXX VELA SOCCER COMPLEX PHII Total 6,521,486.98 6,321,920.93 199,566.05 26,237.20 173,328.85
400173XXX PLAYGROUND REPLACEMENTS Total 850,483.21 595,527.92 254,955.29 - 254,955.29
400193XXX LOON LAKE TRAIL Total 63,352.00 17,870.38 45,481.62 18.40 45,463.22
400232XXX SKATE PARK AMENITY Total 60,000.00 - 60,000.00 - 60,000.00
400233XXX FITNESS EQUIPMENT REPLACEMENT Total 40,928.00 15,927.70 25,000.30 - 25,000.30
400242XXX CARL YOUNG PARK RESTROOM ADDT Total 99,026.18 25,437.25 73,588.93 24,692.84 48,896.09
400243XXX QUAKERTOWN PARK RESTROOM Total 152,000.00 18,243.58 133,756.42 53,171.01 80,585.41
400246XXX SOUTH LAKES PARK IMPROVEMENT Total 303,943.71 4,814.65 299,129.06 - 299,129.06
400247XXX TENNIS CENTER REMODL&EXPANSION Total 3,709,197.34 105,222.40 3,603,974.94 62,935.08 3,541,039.86
400248XXX SOUTH LAKES PARKING LOT Total 291,484.41 7,750.00 283,734.41 37,100.00 246,634.41
400251XXX DALLAS-TEASLEY BEAUTIFY NODE Total 80,521.19 30,808.66 49,712.53 6,000.00 43,712.53
400252XXX EAGLE-ELM BEAUTIFICATION NODE Total 80,521.19 29,280.28 51,240.91 15,207.20 36,033.71
400254XXX SW PARK MASTER PLAN AND DESIGN Total 685,000.00 24,922.88 660,077.12 - 660,077.12
400255XXX DENIA AND NL REC CABINET Total 21,115.27 - 21,115.27 - 21,115.27
400256XXX PARD 2019 MASTER PLAN Total 107,887.41 26,678.99 81,208.42 5,550.00 75,658.42
400257XXX NORTH LAKES MANTENANCE SHED Total 55,000.00 47,119.50 7,880.50 7,880.50 -
400258XXX PATRICK PARK Total 231,660.00 65,591.76 166,068.24 77,944.89 88,123.35
400259XXX QUAKERTOWN PLAYGROUND REPLACEM Total 100,000.00 - 100,000.00 100,000.00 -
400260XXX MLK PLAYGROUND REPL Total 160,500.00 - 160,500.00 160,500.00 -
400265XXX DALLAS PARK PROPERTY Total 5,000.00 1,750.00 3,250.00 - 3,250.00
400266XXX LAKE FOREST EXPANSION PROPERTY Total 5,000.00 1,800.00 3,200.00 2,800.00 400.00
400270XXX LEISURE SERVICES FURNITURE Total 27,083.40 2,336.60 24,746.80 - 24,746.80
400273XXX MILL PROPERTY Total 2,388,000.00 2,380,877.16 7,122.84 - 73122.84
400274XXX MCKENNA PARK IMPROVEMENTS Total 15,000.00 8,908.53 6,091.47 - 6,091.47
400275XXX HWY 2499 GREEN RIBBON DESIGN Total 19,575.00 - 19,575.00 19,575.00 -
400280XXX NORTH LAKE SOCCER FENCE Total 16,490.00 - 16,490.00 16,490.00 -
400281XXX GOLF BALL DISPENSER Total 13,840.00 13,305.00 535.00 - 535.00
400282XXX CIVIC CTR TECH UPGRADE Total 6,359.53 - 6,359.53 6,359.53 -
400283XXX PARK PROPERTY ACQUISITION Total 1,005,000.00 1,005,000.00 - 1,005,000.00
400284XXX WELCH PROPERTY Total 83000.00 - 8,000.00 - 83000.00
409999XXX UNALLOCATED PARKS FUNDS Total 62,116.85 - 62,116.85 - 62,116.85
Grand Total 18,248,003.44 10,541,520.86 7,706,482.58 799,920.94 6,906,561.64
290
-n I City of Denton -Job Cost Summary
A
DENTON Public Arts
Prowect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
300075XXX PD LOBBY BRICK SCULPTURES Total 54,300.00 26,969.39 27,330.61 28,330.61 (1,000.00)
400188XXX STATE BRINKER MEDALLIONS Total 200,000.00 - 200,000.00 - 200,000.00
400249XXX BE12-LOOP 288 BRDG. MEDALLIONS Total 28,300.00 20,615.00 7,685.00 7,685.00 -
400276XXX N LAKE TENNIS ART SCUPLTURE Total 35,000.00 - 35,000.00 - 35,000.00
400277XXX N LAKE DOG PARK SCULPTURE Total 35,000.00 - 35,000.00 - 35,000.00
400278XXX VELAATHLETIC SCULPTURE Total 32,712.39 - 32,712.39 - 32,712.39
450001XXX MLK PUBLIC ART CMTE ART PIECE Total 70,252.00 46.50 70,205.50 69,000.00 1,205.50
450002XXX PARKS PUBLIC ART Total 20,000.00 - 20,000.00 - 20,000.00
450003XXX HOT PY19 PUBLIC ART C DENTON Total 18,477.00 - 18,477.00 - 18,477.00
459997XXX TRANSPORTATION-PUB ART UNALLOC Total 74,087.87 - 74,087.87 - 74,087.87
459998XXX PUBLIC SAFETY-PUBLI ART UNALLO Total 62,298.94 - 62,298.94 - 62,298.94
459999XXX PARKS- PUBLIC ART UNALLOCATED Total 69.19 - 69.19 - 69.19
Grand Total 630,497.39 47,630.89 582,866.50 105,015.61 477,850.89
291
li- 1 14 City of Denton -Job Cost Summary
DENTON Water
Projec Bus Unit Bud_qet Expenditures Remaining Encumbrances Unencumbered
630081XXX TEASLEY FM 2181 TXDOT Total 3,737,674.12 2,719,757.83 1,017,916.29 194,863.98 823,052.31
630088XXX TANK PAINTING Total 3,449,961.59 2,947,695.32 502,266.27 - 502,266.27
630234XXX LAKE RAY ROBERTS OZONE Total 400,000.00 317,259.03 82,740.97 - 82,740.97
63024OXXX CCNHC MAINT/HUNTING PERMITS Total 53,983.38 21,196.06 32,787.32 - 32,787.32
630248XXX SERVICE CENTER FS MAINTENANCE Total 136,882.00 53,036.63 83,845.37 - 83,845.37
630264XXX FT WORTH DR RELOCATE 1-35E Total 2,926,903.45 2,934,731.05 (7,827.60) 6,411.10 (14,238.70)
630282XXX NORTH/SOUTH WTR MAIN, PH2 Total 13,059,973.00 2,233,609.20 10,826,363.80 10,566,104.05 260,259.75
630285XXX ELM ST Total 1,825,835.00 1,253,522.30 572,312.70 63,730.64 508,582.06
630287XXX FY 2012 LOCUST PH 1 Total 2,317,168.00 265,115.43 2,052,052.57 1,082,013.80 970,038.77
630314XXX CLEAR CREEK SLOPE MAINTENANCE Total 503,102.00 - 503,102.00 - 503,102.00
630324XXX ROBSON OVERSIZE Total 89,995.32 - 89,995.32 89,995.32 -
630341XXX BUDGET SOFTWARE Total 69,600.00 64,265.04 5,334.96 - 5,334.96
630344XXX LLWTP UPGRADE PHASE II Total 17,640,000.00 1,132,582.13 16,507,417.87 16,446,848.35 60,569.52
630347XXX BONNIE BRAE-1-35 TO SCRIPTURE Total 90,000.00 - 90,000.00 - 90,000.00
630348XXX BONNIE BRAE-SCRIPTURE TO 380 Total 60,000.00 2,743.97 57,256.03 - 57,256.03
630349XXX MORSE ST WATER RELOCATION Total 170,000.00 33,228.65 136,771.35 6,121.35 130,650.00
63035OXXX RUDDELL@MINGO UTILITY RELOCATE Total 90,000.00 - 90,000.00 - 90,000.00
630351XXX MCKINNEY TRANSMISSION LINE Total 2,340,000.00 198,414.94 2,141,585.06 - 2,141,585.06
630353XXX SCRIPTURE TO 1-35 TRANS LINE Total 785,000.00 159,780.94 625,219.06 44,203.76 581,015.30
630356XXX HWY 380-1-35 TRANSMISSION LINE Total 1,790,000.00 273,976.48 1,516,023.52 16,000.00 1,500,023.52
630357XXX FY17 FSRP HICKORY Total 1,266,026.71 1,266,064.72 (38.01) - (38.01)
630364XXX UPDATE WATER DIST MASTER PLAN Total 215,000.00 214,937.50 62.50 23,362.50 (23,300.00)
630373XXX FY'17 FSRP JOHNSON II Total 224,000.00 82,472.26 141,527.74 4,908.00 136,619.74
630374XXX FY'17 FSRP MIMOSA Total 76,270.89 75,685.89 585.00 - 585.00
630378XXX FY 18 FSRP JOHNSON-N OF DALLAS Total 10,000.00 1,185.03 8,814.97 1,845.00 6,969.97
630381XXX SW AREA CHLORAMINATION BOOSTER Total 227,529.09 201,658.43 25,870.66 - 25,870.66
630383XXX FY18 FSRP WAYNE Total 187,000.00 73,362.24 113,637.76 122.32 113,515.44
630385XXX ALLRED-JOHN PAINE RD TRAN LINE Total 6,584,210.92 688,880.15 5,895,330.77 5,333,455.54 561,875.23
630387XXX LLWTP SOLIDS HANDLING Total 8,741,000.00 1,124,553.43 7,616,446.57 7,872,597.89 (256,151.32)
63039OXXX LAKE LEWISVILLE DAM SAFETY MOD Total 150,000.00 - 150,000.00 - 150,000.00
630391XXX BONNIE BRAE 380 TO WINDSOR Total 60,000.00 43,372.08 16,627.92 - 16,627.92
630396XXX FY18 FSRP BOWLING GREEN Total 216,000.00 145,167.80 70,832.20 - 70,832.20
63040OXXX CHLORINE SCRUBBER TANK REPAIR Total 154,276.09 169,276.09 (15,000.00) - (15,000.00)
630402XXX FY18 FSRP KERLEY Total 360,900.00 264,821.36 96,078.64 - 96,078.64
630403XXX FY18 FSRP HOLLY HILL Total 9,700.00 6,855.04 2,844.96 2,500.00 344.96
630404XXX FY19 FSRP HERCULES Total 748,000.00 560,597.84 187,402.16 23,788.30 163,613.86
630405XXX FY19 FSRP ATLAS Total 184,930.70 184,945.92 (15.22) - (15.22)
292
li- 1 14 City of Denton -Job Cost Summary
DENTON Water
Projec Bus Unit Bud_qet Expenditures Remaining Encumbrances Unencumbered
630407XXX FY19 FSRP ROYAL MISTYWOOD Total 478,000.00 166,952.82 311,047.18 3,752.75 307,294.43
630409XXX RRWTP REG/PERFORMANCE UPGRADE Total 1,323,941.41 224,411.00 1,099,530.41 - 1,099,530.41
630412XXX FY 2019 WATER TAPS INSTALLED Total 358,328.73 360,628.24 (2,299.51) 43,780.61 (46,080.12)
630413XXX FY 2019 FIRE HYDRANT INSTALLS Total 55,149.70 23,467.14 31,682.56 33,484.71 (1,802.15)
630417XXX HERCULES WL OVERSIZE Total 50,000.00 - 50,000.00 - 50,000.00
630418XXX CHE LOBBY GLASS REPLACEMENT Total 50,000.00 29,667.81 20,332.19 - 20,332.19
630419XXX WATER DISTRIBUTION ASSET MGMT Total 250,000.00 170,342.12 79,657.88 44,857.88 34,800.00
63042OXXX FY20 FSRP WESTGATE HEIGHTS Total 50,000.00 358.33 49,641.67 - 49,641.67
630421XXX FY19 FSRP EAGLE Total 137,800.00 128,516.37 9,283.63 - 9,283.63
630422XXX FY19 FSRP NORTHWOOD PLACE WATR Total 157,000.00 91,217.38 65,782.62 204.00 65,578.62
630423XXX FY19 FSRP PRECISION WATER PROJ Total 31,920.00 6,034.96 25,885.04 - 25,885.04
630424XXX FY20 FSRP WOODLAND/CHERYWD WTR Total 22,140.00 14,361.23 7,778.77 - 7,778.77
630425XXX FY20 FSRP ORR WATER Total 152,300.00 90,003.21 62,296.79 574.00 61,722.79
630428XXX FSRP QUAIL RIDGE WATER Total 233,040.00 110,438.93 122,601.07 8,892.00 113,709.07
630429XXX RISK ASMT&EMERG RESPONSE PLAN Total 106,750.00 16,042.60 90,707.40 90,707.40 -
630430XXX WATER 2019 RATE STUDY Total 54,400.00 - 54,400.00 54,235.00 165.00
630431XXX FY20 FSRP Ave B Water Total 227,347.00 65,509.02 161,837.98 5,791.75 156,046.23
630432XXX FY20 FSRP WEST MULBERRY WATER Total 15,000.00 15,929.40 (929.40) - (929.40)
630433XXX DESIGN - RRWTP 500HP VFD Total 25,000.00 - 25,000.00 23,880.00 1,120.00
630434XXX 300' REPLACEMENT MAIN-SCRIPTUR Total 65,000.00 41,405.90 23,594.10 - 23,594.10
630435XXX FY 2020 WATER METERS Total 1,092,738.87 235,429.65 857,309.22 - 857,309.22
630436XXX FY 2020 WATER TAPS INSTALLED Total 273,306.21 10,188.94 263,117.27 20,000.00 243,117.27
630437XXX FY 2020 FIRE HYDRANT INSTALLS Total 51,806.20 - 51,806.20 20,000.00 31,806.20
630438XXX REHAB RRWTP HIGH SRV PUMP STAN Total 500,000.00 - 500,000.00 275,035.61 224,964.39
630439XXX RINEY RD BPS&NW TRANS. LINES Total 2,166,000.00 - 2,166,000.00 1,398,600.00 767,400.00
63044OXXX TX DOT 135 RELOCATION Total 650,000.00 - 650,000.00 592,800.00 57,200.00
630441XXX FY 20 STREET BUNDLING-DESIGN Total 255,800.00 - 255,800.00 - 255,800.00
630442XXX FY 19 STREET BUNDLING-WINSOR Total 1,426,535.00 - 1,426,535.00 - 1,426,535.00
630443XXX BELL STREET II Total 140,000.00 - 140,000.00 - 140,000.00
630996XXX UNALLOCATED BOND FUNDS Total 304,987.48 - 304,987.48 - 304,987.48
635091XXX WD1728 14 YD DUMP TRUCK Total 150,000.00 140,312.18 9,687.82 - 9,687.82
635101XXX WD1823 14 YD DUMP TRUCK Total 152,000.00 150,895.00 1,105.00 - 1,105.00
635106XXX HORIZONTAL DIRECTIONAL DRILL Total 175,000.00 137,882.12 37,117.88 - 37,117.88
635107XXX WP1924 1/2 TON REG CAB Total 25,000.00 22,965.86 2,034.14 - 2,034.14
635108XXX WP1925 3/4 TON w/UTILITY BED Total 47,000.00 - 47,000.00 36,903.60 10,096.40
635109XXX WP1989 TRAILER(DUMP) Total 7,500.00 - 7,500.00 - 7,500.00
63511OXXX WD1962 DUMP TRUCK 14 YD GREEN Total 152,000.00 152,712.93 (712.93) - (712.93)
293
City of Denton -Job Cost Summary
DENTON Water
Promect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
635111XXX WD1963 2 T w/VERMEER BODY Total 140,000.00 - 140,000.00 133,637.06 6,362.94
635115XXX WM1926 1/2 TON DOUBLE CAB Total 27,000.00 - 27,000.00 22,061.61 4,938.39
635116XXX WM1943 2 TON REG CAB Total 70,000.00 3,379.73 66,620.27 55,783.28 10,836.99
635117XXX WD19134-CX80C CASE EXCAVATOR Total 113,000.00 - 113,000.00 113,000.00 -
635118XXX WD19137CX145 MSR CASE EXCAVATR Total 132,800.00 - 132,800.00 132,800.00 -
635119XXX WM2068- 1 TON MAINT.TRUCK Total 45,000.00 - 45,000.00 - 45,000.00
63512OXXX WD2051 -MAINT.TRUCK Total 140,000.00 - 140,000.00 80,939.83 59,060.17
635996XXX UNALLOCATED FUNDS Total 2,031,831.43 - 2,031,831.43 - 2,031,831.43
Grand Total 85,063,344.29 22,123,803.65 62,939,540.64 44,970,592.99 17,968,947.65
294
City of Denton -Job Cost Summary
'fA
IENTON Wastewater
ExpendituresPromect Bus Unit PRd et .
640052XXX TEASLEY FM 2181 TXDOT Total 3,312,358.25 2,369,891.89 942,466.36 96,274.69 846,191.67
640111XXX ASSET MANAGEMENT PROGRAM Total 489,235.89 226,171.26 263,064.63 - 263,064.63
640137XXX WW LAB RENOVATIONS Total 400,049.00 64,060.15 335,988.85 335,988.85
64016OXXX ELM ST Total 3,648,125.00 287,886.96 3,360,238.04 1,333,449.80 2,026,788.24
640162XXX LOCUST ST Total 2,358,286.50 1,289,816.00 1,068,470.50 746,027.73 322,442.77
640163XXX HICKORY CR. DETENTION FACILITY Total 15,629,893.72 659,673.97 14,970,219.75 14,458,000.00 512,219.75
640175XXX HOBSON GENSET&UPGRADE Total 323,341.55 78,604.00 244,737.55 - 244,737.55
640193XXX PRIVATE LATERALS REPLACEMENT Total 149,695.00 108,072.91 41,622.09 9,801.25 31,820.84
640213XXX FT WORTH DR RELOCATE 1-35E Total 2,844,093.34 2,830,079.41 14,013.93 35,016.24 (21,002.31)
640219XXX FY 12 DRY FORK HC TRIBUTARY I Total 1,442,985.59 282,785.63 1,160,199.96 74,315.01 1,085,884.95
640248XXX WW LAB LIMS PURCHASE Total 168,698.00 110,549.20 58,148.80 39,200.00 18,948.80
640265XXX GENSET FOR COOPER CREEK LS Total 90,000.00 - 90,000.00 - 90,000.00
640271XXX DENTON WEST LS UPGRADE Total 716,380.04 719,565.75 (3,185.71) 22,242.11 (25,427.82)
640286XXX WEST WET WEATHER STORAGE FAC Total 3,166,000.00 559,735.76 2,606,264.24 305,256.37 2,301,007.87
640289XXX REUSE MCC REPLACEMENT Total 25,000.00 - 25,000.00 - 25,000.00
640291XXX RAPID AMMONIA ANALYZER Total 20,000.00 17,273.79 2,726.21 2,726.21
640296XXX BONNIE BRAE-1-35 TO SCRIPTURE Total 40,000.00 744.15 39,255.85 - 39,255.85
640297XXX BONNIE BRAE-SCRIPTURE TO 380 Total 25,000.00 - 25,000.00 - 25,000.00
640298XXX RUDDELL@MINGO UTILITY RELOCATE Total 275,000.00 - 275,000.00 - 275,000.00
64030OXXX HICKORY CREEK INTERCEPTOR I Total 1,279,846.88 180,049.23 1,099,797.65 - 1,099,797.65
640301XXX HICKORY CREEK INTERCEPTOR II Total 7,851,359.26 527,745.37 7,323,613.89 139,587.18 7,184,026.71
640306XXX FY'16 WEST HICKORY FSRP Total 485,630.65 482,018.78 3,611.87 3,611.87 -
640311XXX FY'17 HILL ALLEY FSRP Total 12,447.00 6,387.13 6,059.87 - 6,059.87
640312XXX FY'17 HOLLYHILL FSRP Total 27,984.50 27,367.48 617.02 - 617.02
640313XXX FY'17 FOXCROFT FSRP Total 76,340.00 37,446.36 38,893.64 - 38,893.64
640316XXX FY'17 KERLEY FSRP Total 454,337.35 450,736.54 3,600.81 31,323.00 (27,722.19)
640319XXX FY'17 EMERSON FSRP Total 65,600.00 57,268.00 8,332.00 - 8,332.00
64032OXXX FY'17 DALLAS FSRP Total 15,000.00 622.56 14,377.44 1,845.00 12,532.44
640323XXX EASEMENT MAINTENANCE Total 75,000.00 30,063.96 44,936.04 10,546.39 34,389.65
640325XXX MANHOLE REPAIR/REPLACEMENT Total 313,878.51 250,730.69 63,147.82 15,888.81 47,259.01
640326XXX FY'16 NORTH BELL ST Total 2,851.19 2,597.44 253.75 - 253.75
640328XXX FY'16 FULTON II Total 37,000.00 19,846.71 17,153.29 2,160.00 14,993.29
640330XXX FY'16 FULTON Total 156,000.00 128,103.79 27,896.21 11,333.44 16,562.77
640331XXX FLUSHING TRUCK BAYS Total 200,000.00 25,724.00 174,276.00 4,491.00 169,785.00
640332XXX WAYNE RYAN LS ABANDONMENT Total 33,566.00 - 33,566.00 33,566.00 -
640336XXX HICKORY CREEK LS UPGRADE Total 3,426,700.00 313,736.37 3,112,963.63 3,130,322.60 (17,358.97)
640337XXX RAS PUMP STATION 2 MCC UPGRADE Total 100,000.00 - 100,000.00 - 100,000.00
640345XXX LAND PURCHASE Total 5,000.00 - 5,000.00 - 5,000.00
640346XXX BARROW GRAVITY MAIN REPLACEMEN Total 217,210.00 51,128.83 166,081.17 15,000.00 151,081.17
295
City of Denton -Job Cost Summary
a
IIENTION Wastewater
ExpendituresPromect Bus Unit §Rdget .
640348XXX FY'17 HOLIDAY PARK II FSRP Total 864,328.07 622,269.79 242,058.28 3,352.86 238,705.42
640355XXX FY'17 FSRP ULAND Total 21,223.00 1,879.30 19,343.70 - 19,343.70
640359XXX SAMPLING EQUIPMENT Total 60,190.00 24,558.00 35,632.00 - 35,632.00
64036OXXX SCADA MASTER PLAN Total 288,798.00 43,326.38 245,471.62 195,191.22 50,280.40
640361XXX BONNIE BRAE 380 TO WINDSOR Total 15,000.00 14,447.72 552.28 - 552.28
640365XXX PAINTING BUILDINGS Total 250,000.00 43.90 249,956.10 240,216.75 9,739.35
640367XXX PCWRP LEVEE Total 55,000.00 49,324.00 5,676.00 5,676.00 -
640370XXX FY 2018 MANAGEMENT STUDY Total 158,000.00 147,231.29 10,768.71 - 10,768.71
640373XXX FY'19 FSRP WELLINGTON Total 90,000.00 21,697.27 68,302.73 - 68,302.73
640374XXX FY'19 FSRP ATLAS Total 176,000.00 152,067.65 23,932.35 1,108.00 22,824.35
640375XXX FY'19 FSRP HETTIE Total 7,000.00 3,424.76 3,575.24 - 3,575.24
640376XXX FY'19 FSRP STELLA Total 13,000.00 10,706.18 2,293.82 - 2,293.82
640377XXX FY'18 LINING PROJECTS Total 343,553.00 338,736.75 4,816.25 4,816.25 -
640378XXX CREEKSIDE CAPACITY PROJECT Total 200,000.00 27,193.79 172,806.21 - 172,806.21
640382XXX HICKORY CREEK INTERCEPTOR III Total 500,827.91 179,688.66 321,139.25 15,000.00 306,139.25
640383XXX KINGS ROW REVERSION Total 235,000.00 87,145.17 147,854.83 1,481.60 146,373.23
640386XXX MCKINNEY STREET WIDENING Total 610,000.00 55,340.00 554,660.00 - 554,660.00
640387XXX FY 2019 WW SERVICE LINES Total 765,400.50 79,264.51 686,135.99 10,200.02 675,935.97
640388XXX FY 2019 WASTEWATER TAPS Total 56,810.26 47,953.86 8,856.40 14,755.96 (5,899.56)
640389XXX 21 IN GRAVITY MAIN REPAIR Total 600,000.00 375,700.22 224,299.78 - 224,299.78
64039OXXX PECAN CREEK SCADA UPGRADE Total 100,000.00 86,792.26 13,207.74 - 13,207.74
640391XXX FY20 FSRP WESTGATE HEIGHTS IPT Total 230,000.00 198.20 229,801.80 - 229,801.80
640392XXX FY20 FSRP GRANADA TRAIL SEWER Total 20,000.00 286.62 19,713.38 - 19,713.38
640393XXX FY20 FSRP ROBSON RANCH SEWER Total 170,000.00 48,233.47 121,766.53 - 121,766.53
640394XXX 24"WASTEWATER FORCE MAIN REP Total 102,868.46 108,092.11 (5,223.65) - (5,223.65)
640395XXX FY19 FSRP MAGNOLIA PH II Total 217,110.00 212,849.19 4,260.81 - 4,260.81
640396XXX FY19 FSRP ORR ST SEWER REHAB Total 186,000.00 165,227.96 20,772.04 32,921.21 (12,149.17)
640397XXX FIELD TABLETS FOR INSPECTION Total 5,000.00 3,852.38 1,147.62 - 1,147.62
640398XXX FY19 FSRP SMITH ST SEWER REHAB Total 180,000.00 66,689.73 113,310.27 4,522.20 108,788.07
640399XXX FY19 FSRP NORTHWOOD PLACE SEWR Total 123,000.00 55,960.92 67,039.08 3,078.48 63,960.60
64040OXXX FY19 FSRP SANDY CREEK REHAB Total 130,000.00 66,646.68 63,353.32 13,508.00 49,845.32
640401XXX WW SCADA NETWORK UPGRADE Total 157,000.00 155,708.72 1,291.28 - 1,291.28
640402XXX FY20FSRP WODLAND/CHERYWD SEWER Total 32,500.00 9,286.91 23,213.09 - 23,213.09
640403XXX HOBSON FORCE MAIN REPAIR Total 60,000.00 40,377.35 19,622.65 1,216.50 18,406.15
640405XXX FY19 FSRP PRECISION DR SEWR LN Total 82,000.00 7,569.09 74,430.91 - 74,430.91
640407XXX ROBSON WW DIVERSION PROJECT Total 1,000,000.00 - 1,000,000.00 - 1,000,000.00
640408XXX WASTEWATER 2019 RATE STUDY Total 54,400.00 - 54,400.00 54,235.00 165.00
640409XXX FY20 FSRP WEST MULBERRY WW Total 156,000.00 19,338.43 136,661.57 - 136,661.57
64041OXXX 300' REPLACEMENT MAIN-SCRIPTUR Total 4,935.28 5,878.29 (943.01) - (943.01)
296
City of Denton -Job Cost Summary
a
IIENTION Wastewater
ExpendituresProject Bus Unit §Rdget .
640411XXX LAMSON BLOWER BLDG TRANSFORMER Total 50,500.00 - 50,500.00 - 50,500.00
640414XXX FY 2020 WW SERVICE LINES Total 281,837.00 3,558.24 278,278.76 4,293.37 273,985.39
640415XXX FY 2020 WASTEWATER TAPS Total 82,279.00 10,198.79 72,080.21 11,828.35 60,251.86
640416XXX OVERSIZE WATER LINES Total 200,000.00 - 200,000.00 - 200,000.00
640417XXX STARK FARMS LIFT STATION Total 25,620.80 739.94 24,880.86 6,293.10 18,587.76
640418XXX HILLCREST SEWER REHAB II Total 184,000.00 - 184,000.00 - 184,000.00
640419XXX CLEAR CREEK BASIN PUMP STATION Total 2,000,000.00 - 2,000,000.00 - 2,000,000.00
64042OXXX TX DOT 135 RELOCATION Total 330,000.00 - 330,000.00 330,000.00 -
640421XXX HICKRY CREEK EMERG DECLARATION Total 200,000.00 134,514.78 65,485.22 52,325.92 13,159.30
640422XXX FY 2020 MANHOLE REPAIR/REPLACE Total 50,000.00 - 50,000.00 - 50,000.00
640424XXX COOPER CREEK ATO SWITCH Total 175,000.00 - 175,000.00 - 175,000.00
640425XXX FY 19 STREET BUNDLING-SCRIPT Total 402,160.00 - 402,160.00 - 402,160.00
640426XXX FY 19 STREET BUNDLING-WINDSOR Total 635,775.00 - 635,775.00 - 635,775.00
640427XXX FY 20 STREET BUNDLING-DESIGN Total 35,065.00 - 35,065.00 - 35,065.00
640996XXX UNALLOCATED BOND FUNDS Total 101,656.22 - 101,656.22 - 101,656.22
645058XXX WC15154 RS TECH INS TRAILER Total 133,416.00 132,666.00 750.00 - 750.00
645081XXX WC1828 PUMP Total 60,000.00 25,967.77 34,032.23 25,678.00 8,354.23
645084XXX BS1831 WHEEL LOADER Total 395,000.00 374,230.93 20,769.07 - 20,769.07
645088XXX WT1927 1/2 TON CREW CAB Total 30,000.00 - 30,000.00 26,178.58 3,821.42
645089XXX WC1964 DUMP TRUCK 14 YD GREEN Total 152,000.00 152,801.91 (801.91) - (801.91)
64509OXXX WC1965 DUMP TRUCK 14 YD GREEN Total 152,000.00 153,350.30 (1,350.30) - (1,350.30)
645091XXX WC1966 2T CREW CAB DIESEL UTIL Total 90,000.00 - 90,000.00 75,169.00 14,831.00
645092XXX WC1990 TRAILER Total 2,000.00 - 2,000.00 - 2,000.00
645093XXX WW1923 1/2 TON DOUBLE CAB Total 25,700.00 - 25,700.00 23,341.61 2,358.39
645094XXX BS19101 WHEEL LOADER(SM) Total 195,000.00 174,176.31 20,823.69 - 20,823.69
645095XXX BS1928 1/2 TON REG CAB Total 27,000.00 23,070.58 3,929.42 - 3,929.42
645216XXX WT19100 GENERATOR Total 190,000.00 - 190,000.00 - 190,000.00
645218XXX WC19135-CX80C CASE EXCAVATOR Total 113,000.00 - 113,000.00 113,000.00 -
645219XXX WC19136-CX80C CASE EXCAVATOR Total 113,000.00 - 113,000.00 113,000.00 -
645220XXX WC19138-CX145MSR CASE EXCAVATR Total 132,800.00 - 132,800.00 132,800.00 -
645221XXX WC19139-CX145MSR CASE EXCAVATR Total 132,800.00 - 132,800.00 132,800.00 -
645222XXX DR2088- LIGHT DUTY MAINT TRUK Total 30,000.00 - 30,000.00 - 30,000.00
645996XXX UNALLOCATED VEHICLE FUNDING Total 3,416,496.97 - 3,416,496.97 - 3,416,496.97
Grand Total 68,424,943.69 16,716,747.13 51,708,196.56 22,167,246.47 29,540,950.09
297
45, City of Denton -Job Cost Summary
TON Drainage
Prqj�ct Bus Unit qqqget Expenditures Rjt�� Encumbrances Unencumbered
650039XXX CHANNEL REHABILITATION Total 376,491.05 107,099.93 269,391.12 - 269,391.12
650043XXX MINGO LANE& LOOP 288 IMPROVE Total 659,761.30 679,464.73 (19,703.43) 4,142.91 (23,846.34)
650047XXX PEC-4 LOCUST AND HIGHLAND Total 4,832,201.78 3,754,184.22 1,078,017.56 1,229,165.70 (151,148.14)
650048XXX HIGH WATER MONITORING Total 104,657.49 86,782.86 17,874.63 2,845.49 15,029.14
650095XXX HICKORY CR WPT IMPLEMENTATION Total 562,685.79 483,933.89 78,751.90 - 78,751.90
650097XXX MOSQUITO CONTROL ACTIVITIES Total 205,650.00 194,186.99 11,463.01 100.00 11,363.01
650098XXX STORM WATER MAPPING SYSTEM Total 31,937.22 28,278.25 3,658.97 - 3,658.97
650103XXX MAGNOLIA DRAINAGE PH II Total 4,318,687.85 3,012,678.66 1,306,009.19 1,040,476.82 265,532.37
650106XXX EAGLE DRIVE DRAINAGE PH II Total 2,410,000.00 2,377,143.78 32,856.22 34,751.73 (1,895.51)
650107XXX SOUTH BELL DRAINAGE SYSTEM Total 806,000.00 47,413.64 758,586.36 3,793.00 754,793.36
650108XXX HICKORY ST DRAINAGE&TRUNK LINE Total 911,350.00 139,248.26 772,101.74 4,501.00 767,600.74
650111XXX SMITH ST DRAINAGE Total 200,000.00 56,313.45 143,686.55 - 143,686.55
650113XXX DRAINAGE MASTER PLAN UPGRADE Total 211,539.03 83,738.29 127,800.74 - 127,800.74
650115XXX OAK STREET DRAINAGE SYSTEM Total 293,399.00 34,941.70 258,457.30 1,190.00 257,267.30
650116XXX MULTIPARAMETER DATASONDES Total 24,000.00 10,224.26 13,775.74 5,313.00 8,462.74
650118XXX PEC 4- PHASE 3&4 Total 1,230,575.84 977,978.36 252,597.48 255,638.52 (3,041.04)
650119XXX HICKORY ST STORM DRAIN STUDY Total 100,000.00 128,150.00 (28,150.00) - (28,150.00)
650120XXX PEC 4- PHASE 2 Total 2,485,000.00 95.81 2,484,904.19 2,355,063.54 129,840.65
650121XXX HERCULES STORM DRAIN Total 100,000.00 81,472.18 18,527.82 - 18,527.82
650122XXX PECAN CREEK DRAINAGE STUDY Total 500,000.00 191,666.00 308,334.00 249,290.88 59,043.12
650123XXX OAKTREE PROJECT Total 100,000.00 53,308.61 46,691.39 - 46,691.39
650124XXX COOPER CREEK EROSION REPAIR Total 200,000.00 4,786.42 195,213.58 - 195,213.58
650125XXX WESTGATE DRIVE Total 150,000.00 1,353.87 148,646.13 - 148,646.13
650126XXX HICKORY ST/FRY Total 54,312.41 26,162.41 28,150.00 - 28,150.00
650127XXX 2017 GOLF CT STORM DRAIN Total 40,000.00 12,351.60 27,648.40 - 27,648.40
650128XXX STORMWATER MASTER PLAN VALUE E Total 75,000.00 4,065.75 70,934.25 48,000.00 22,934.25
650981XXX CHOCTAW DRAINAGE PROJECT Total 100,000.00 20,232.75 79,767.25 - 79,767.25
650982XXX ELLISON PARK FLUME Total 20,000.00 13,369.95 6,630.05 - 6,630.05
650996XXX UNALLOCATED BOND FUNDS Total 112.91 - 112.91 - 112.91
655031XXX DR19102 BACKHOE 430 Total 115,000.00 - 115,000.00 105,768.70 9,231.30
655032XXX DR1944 2T CREW CAB 4X4 UTILITY Total 67,500.00 67,500.00 63,234.57 4,265.43
655033XXX DR1991 TRAILER Total 10,000.00 - 10,000.00 - 10,000.00
Grand Total 21,295,861.67 12,610,626.62 8,685,235.05 5,403,275.86 3,281,959.19
298
City of Denton -Job Cost Summary
Solid Waste
ProjEct Bus Unit EU�Aet Expenditures Remaining Encumbrances Unencumbered
660233XXX SECURITY CAMERAS Total 22,500.00 22,295.68 204.32 - 204.32
660236XXX SW1968-AUTO SIDE LOAD Total 285,537.00 - 285,537.00 280,537.00 5,000.00
660240XXX RF-SW19128- MINI REAR LOADER Total 98,679.38 105,108.38 (6,429.00) - (6,429.00)
660241XXX RF-FY19-TRAILER Total 5,699.65 5,379.65 320.00 - 320.00
660243XXX GAS WELL INSTALLATION PROJECT Total 250,000.00 - 250,000.00 237,654.00 12,346.00
660244XXX DESIGN OF CART CORALS Total 25,000.00 - 25,000.00 - 25,000.00
660245XXX FY 19- RF-ROUTE MAPPING Total 49,500.00 - 49,500.00 42,900.00 6,600.00
660246XXX 5YR-WASTEHANDLER BULL DOZER Total 1,160,000.00 - 1,160,000.00 1,057,079.89 102,920.11
660248XXX SW2058-5YR-AUTO SIDE LOADER Total 320,000.00 - 320,000.00 311,079.00 8,921.00
660249XXX SW2059-5YR-AUTO SIDE LOADER Total 320,000.00 - 320,000.00 311,079.00 8,921.00
660250XXX SW2060-5YR-AUTO SIDE LOADER Total 320,000.00 - 320,000.00 311,079.00 8,921.00
660251XXX FY 19-20 ROLL OFF-SW2055 Total 201,241.00 - 201,241.00 186,845.00 14,396.00
660560XXX 20YR-LT-LF PERMIT EXPANSION Total 2,417,194.66 2,182,130.33 235,064.33 227,907.33 7,157.00
660640XXX FY'18- LF ENGINEER SERVICES Total 150,000.00 81,079.57 68,920.43 34,603.09 34,317.34
660641XXX 10YR-SW 1842 ROLL OFF Total 189,318.00 189,016.41 301.59 - 301.59
660642XXX 10YR- 1001 MAYHILL REMODEL Total 700,000.00 305,343.53 394,656.47 34,779.94 359,876.53
660645XXX 10YR-SW1972-ROLL OFF Total 189,718.00 188,628.28 1,089.72 - 1,089.72
660647XXX 10YR-SW1969-AUTO SIDE LOADER Total 285,537.00 - 285,537.00 280,537.00 5,000.00
660648XXX 10YR-SW1970-AUTO SIDE LOADER Total 316,079.00 314,917.63 1,161.37 - 1,161.37
660649XXX 10YR-SW1971-AUTO SIDE LOADER Total 316,079.00 316,169.77 (90.77) - (90.77)
660650XXX 10YR-SW1973-FRONT LOAD Total 303,980.00 303,558.72 421.28 - 421.28
660651XXX 10YR-SW1974-FRONT LOAD Total 303,980.00 304,359.21 (379.21) - (379.21)
660652XXX 10YR-SW1975-FRONT LOAD Total 303,980.00 - 303,980.00 298,980.00 5,000.00
660653XXX 10YR-SW1976-FRONT LOAD Total 303,980.00 5,521.02 298,458.98 298,980.00 (521.02)
660656XXX 10YR- RF COMPACTOR Total 425,000.00 100,064.63 324,935.37 203,238.56 121,696.81
660891XXX 20YR- BUFFER ZONE IRRIGATION Total 975,000.00 161,030.16 813,969.84 70,305.70 743,664.14
660893XXX 20YR-LT-MOSELY ROAD LANDFILL Total 3,300,000.00 45,349.58 3,254,650.42 133.50 3,254,516.92
660894XXX FLEET SOLID WASTE FACILITY Total 100,000.00 27,802.92 72,197.08 - 72,197.08
660896XXX 20YR-651 MAYHILL Total 4,068,640.00 - 4,068,640.00 - 4,068,640.00
660897XXX 20YR-ADMIN BLDG RENOVATIONS Total 1,000,000.00 - 1,000,000.00 - 1,000,000.00
660898XXX NORTHLAKES ENCLOSURES Total 410,439.00 - 410,439.00 - 410,439.00
660992XXX UNALLOCATED-OTHER REVENUE FUND Total 30,969.99 - 30,969.99 - 30,969.99
660994XXX 5YR- MISC UNALLOCATED FUNDS Total 26,456.11 - 26,456.11 - 26,456.11
660996XXX 10YR- MISC UNALLOCATED FUNDS Total 55,788.58 - 55,788.58 - 55,788.58
660997XXX 20YR- MISC UNALLOCATED FUNDS Total 609,802.18 - 609,802.18 - 609,802.18
665033XXX SW1930-STAKE BED TRUCK Total 55,000.00 - 55,000.00 27,626.35 27,373.65
665034XXX SW2056-FY19-20 FRONT LOADER Total 322,000.00 - 322,000.00 298,980.00 23,020.00
665035XXX SW2061-FY1 9-20 FRONT LOADER Total 310,000.00 - 310,000.00 298,980.00 11,020.00
299
665037XXX SW2062-FY19-20 FRONT LOADER Total 310,000.00 - 310,000.00 298,980.00 11,020.00
665038XXX SW2083-FY 19-20 ROLL OFF Total 200,000.00 - 200,000.00 186,845.00 13,155.00
665039XXX SW2053- DELCO SYSTEM TRAILER Total 35,000.00 - 35,000.00 - 35,000.00
665040XXX SW2052- FY 19-20 WATER PUMP Total 64,000.00 - 64,000.00 - 64,000.00
665041XXX SW2057-FY19-20 AUTO SIDE LOAD Total 320,000.00 - 320,000.00 311,079.00 8,921.00
665042XXX SW2085-FY19-20 MINI REAR LOAD Total 140,000.00 - 140,000.00 120,225.50 19,774.50
665043XXX SW2085-FY19-20 MINI REAR LOAD Total 140,000.00 - 140,000.00 120,225.50 19,774.50
665044XXX SW2054- FY 19-20 KUBOTA Total 23,000.00 - 23,000.00 - 23,000.00
665996XXX UNALLOCATED FUNDS Total 2,032,250.87 - 2,032,250.87 - 2,032,250.87
Grand Total 23,791,349.42 4,657,755.47 19,133,593.95 5,850,659.36 13,282,934.59
300
/T I City of Denton -Job Cost Summary
DENTON Warehouse
Promec Bus Unit Budaet Expenditures Remaining Encumbrances Unencumbered
805006XXX WAREHOUSE STORAGE FACILITY Total 234,873.92 5,867.50 229,006.42 - 229,006.42
Grand Total 234,873.92 5,867.50 229,006.42 - 229,006.42
301
City of Denton -Job Cost Summary
rT,
Motor Pool
Prouec Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
810378XXX PD1951 - PPV TAHOE Total 67,500.00 54,767.70 12,732.30 - 12,732.30
810379XXX PD1952- PPV TAHOE Total 67,500.00 55,485.05 12,014.95 - 12,014.95
810380XXX PD1953- PPV TAHOE Total 67,500.00 55,839.02 11,660.98 - 11,660.98
810381XXX PD1954- PPV TAHOE Total 67,500.00 56,817.25 10,682.75 - 10,682.75
810382XXX FD1913-3/4 TON DBL CAB Total 42,500.00 - 42,500.00 28,393.60 14,106.40
810383XXX FD19108- PIERCE FIRE ENGINE Total 1,000,000.00 913,461.16 86,538.84 (59,272.19) 145,811.03
810384XXX FD1914-3/4 TON DBL CAB UTL BED Total 60,000.00 - 60,000.00 49,533.60 10,466.40
810386XXX FD1915- 1/2 TON DBL CAB Total 39,000.00 - 39,000.00 22,656.61 16,343.39
810397XXX PM1919-3/4 TON DBL CAB Total 38,000.00 - 38,000.00 28,578.60 9,421.40
810399XXX PM1920-3/4 TON CAB W UTIL BED Total 60,000.00 - 60,000.00 47,487.34 12,512.66
810405XXX ST1905-3/4 TON DBL CAB Total 45,000.00 - 45,000.00 13,378.60 31,621.40
810406XXX ST1960- PETERBILT 330 Total 140,000.00 1,337.16 138,662.84 - 138,662.84
810411XXX TC1992-TRAILER Total 15,000.00 - 15,000.00 - 15,000.00
810424XXX ST1980-TRAILER Total 40,000.00 - 40,000.00 - 40,000.00
810425XXX ST1994- MINI EXCAVATOR Total 120,000.00 - 120,000.00 52,489.11 67,510.89
810426XXX ST1995-SKID STEER Total 62,250.00 - 62,250.00 - 62,250.00
810435XXX FD19115 LIGHT AND AIR TRUCK Total 750,000.00 682,732.31 67,267.69 (1,500.00) 68,767.69
810448XXX PD1949 PPV TAHOE Total 67,500.00 55,240.98 12,259.02 - 12,259.02
810449XXX PD1950 PPV TAHOE Total 67,500.00 54,683.15 12,816.85 - 12,816.85
810452XXX WH19143 WAREHOUSE FORKLIFT Total 32,000.00 167.96 31,832.04 28,251.00 3,581.04
810453XXX TC2050 TRAFFIC BUCKET TRUCK Total 170,000.00 - 170,000.00 151,867.00 18,133.00
810454XXX FD2021-EMERGENCY ONE ARFF Total 754,992.00 754,922.00 70.00 - 70.00
810455XXX ST2045-BACKHOE Total 115,000.00 - 115,000.00 105,768.70 9,231.30
810456XXX 5 PWI VEHICLES Total 140,000.00 - 140,000.00 - 140,000.00
810457XXX FD2093 FIRE ENGINE Total 950,000.00 - 950,000.00 739,631.00 210,369.00
810999XXX Unallocated Vehicles Total 2,508,064.43 3,885.00 2,504,179.43 - 2,504,179.43
Grand Total 7,486,806.43 2,689,338.74 4,797,467.69 1,207,262.97 3,590,204.72
302
City of Denton -Job Cost Summary
r,
Fleet
Promec Bus Unit B��d� Expenditures Remaining Encumbrances Unencumbered
820022XXX FLEET ANNEX FACILITY Total 63,170.00 28,771.88 34,398.12 - 34,398.12
820023XXX ADA COMPLIANT BATHROOM CONST Total 250,696.00 208,470.77 42,225.23 8,657.16 33,568.07
820025XXX FS19112-CHEVY BOLT Total 36,000.00 - 36,000.00 32,992.00 3,008.00
820026XXX FLEET SERVICES EXPANSION Total 750,000.00 117,010.67 632,989.33 37,045.21 595,944.12
820999XXX UNALLOCATED BOND FUNDS Total 59,018.92 - 59,018.92 - 59,018.92
Grand Total 1,158,884.92 354,253.32 804,631.60 78,694.37 725,937.23
303
1!7 iw
City of Denton -Job Cost Summary
DENTON Tech Services
ExpendituresPromect Bus Unit Bud_qe .
840035XXX INFRASTRUCTURE REPLACEMENT Total 571,089.62 151,391.70 419,697.92 115,588.00 304,109.92
840036XXX PD MDC MODEM REPLACEMENT Total 70,000.00 5,571.71 64,428.29 - 64,428.29
840056XXX DME INFRASTRUCTURE Total 2,026,746.27 1,980,137.79 46,608.48 14,100.48 32,508.00
84007OXXX PS TECH APP AND HARDWARE Total 390,389.00 343,859.95 46,529.05 13,386.45 33,142.60
840077XXX ENTERPRISE DATA CENTER REFRESH Total 3,674,258.14 2,882,788.14 791,470.00 2,145.00 789,325.00
840078XXX INTERNET UPGRADE Total 19,000.00 - 19,000.00 - 19,000.00
840079XXX FIRE EMERGENCY REPORTING Total 50,000.00 26,540.00 23,460.00 - 23,460.00
84008OXXX UNIVERSITY E-TICKET WRITERS Total 20,000.00 10,023.89 9,976.11 - 9,976.11
840081XXX BUDGET REPORTING SOFTWARE Total 25,000.00 22,500.00 2,500.00 2,500.00 -
840084XXX PC REFRESH Total 2,157,618.00 1,517,604.00 640,014.00 640,014.00 -
840086XXX HCM INTEGRATION Total 216,000.00 184,371.00 31,629.00 - 31,629.00
840087XXX P25 RADIO SYSTEM REPLACEMENT Total 5,574,083.00 4,287,713.08 1,286,369.92 1,256,069.92 30,300.00
840088XXX RADIO FIBER INFRASTRUCTURE Total 103,500.00 102,057.21 1,442.79 9,342.74 (7,899.95)
840089XXX FY18-CAMERA SOFTWARE SERVER Total 50,000.00 - 50,000.00 48,853.17 1,146.83
84009OXXX FY18-ADOBE PROFESSIONAL UPG Total 20,000.00 - 20,000.00 - 20,000.00
840091XXX FY18-GIS LASERFICHE CONNECT Total 20,000.00 - 20,000.00 - 20,000.00
840092XXX FY18-APP PROXY SERVERS UPGRADE Total 30,000.00 25,658.00 4,342.00 - 4,342.00
840094XXX DME PC REFRESH Total 230,000.00 61,220.87 168,779.13 - 168,779.13
840095XXX DME UTILITY NETWORK UPGRADE Total 400,000.00 - 400,000.00 184,998.00 215,002.00
840096XXX DME SCADA HARDWARE REFRESH Total 300,000.00 24,622.42 275,377.58 - 275,377.58
840099XXX DME METERING INITIATIVES Total 194,897.00 - 194,897.00 30,450.00 164,447.00
84010OXXX P25 INTEGRATE TO HIGHER GROUND Total 87,000.00 - 87,000.00 86,715.00 285.00
840101XXX FY 18- 19 NETWORK CABLING Total 37,473.00 36,772.70 700.30 700.30 -
840102XXX FY18- 19 APPLICATION Total 5,823.00 - 5,823.00 - 5,823.00
840103XXX SUPPORT SERVICES EQUIPMENT Total 16,978.00 - 16,978.00 - 16,978.00
840104XXX FIRE MDCS Total 86,700.00 46,207.56 40,492.44 - 40,492.44
840105XXX FIRE TECH HARDWARE&APPS Total 17,742.00 - 17,742.00 - 17,742.00
840106XXX POLICE MDCS Total 255,000.00 - 255,000.00 16,264.80 238,735.20
840107XXX POLICE TECHNOLOGY HARDWARE 840107744 21,490.00 - 21,490.00 5,179.49 16,310.51
840107XXX POLICE TECHNOLOGY HARDWARE Total 21,490.00 - 21,490.00 5,179.49 16,310.51
840108XXX POLICE FIRST NET 840108744 161,500.00 - 161,500.00 90,560.81 70,939.19
840108XXX POLICE FIRST NET Total 161,500.00 - 161,500.00 90,560.81 70,939.19
840109XXX DME TS BACKUP MACHINES Total 20,000.00 - 20,000.00 - 20,000.00
840110XXX DME TS DATABASE ASSESSMENT Total 20,000.00 20,000.00 20,000.00
840111XXX CITY WIDE BACKUP MACHINES Total 24,000.00 - 24,000.00 - 24,000.00
840112XXX OUTSOURCE ERP SERVICES Total 131,000.00 - 131,000.00 - 131,000.00
840113XXX OUTSOURCE DESKTOP SERVICES Total 50,000.00 - 50,000.00 - 50,000.00
304
1!7 iw
City of Denton -Job Cost Summary
DENTON Tech Services
Promect Bus Unit Bud Remaining Encumbrances Unencumbered
840114XXX OUTSOURCE APP ENHANCEMENTS Total 20,000.00 20,000.00 - 20,000.00
840115XXX GIS NEAR MAP AERIALS Total 24,000.00 24,000.00 24,000.00 -
840116XXX CITY WIDE DATA WAREHOUSE Total 25,000.00 - 25,000.00 - 25,000.00
840117XXX PRINTER STRATEGIES Total 187,000.00 187,000.00 - 187,000.00
840118XXX 311 ASSESSMENT Total 30,000.00 - 30,000.00 19,500.00 10,500.00
840119XXX IDENTIX LIVESCAN UPGRADE Total 37,000.00 - 37,000.00 - 37,000.00
84012OXXX DME HARDWARE UPGRADES Total 150,000.00 - 150,000.00 - 150,000.00
840121XXX DME CAMERA INFRASTRUCTURE Total 250,000.00 - 250,000.00 - 250,000.00
840122XXX FY 19-20 CABLING Total 20,000.00 2,700.93 17,299.07 7,299.07 10,000.00
840123XXX FY20 PUBLIC SAFETY REDUNDANCY Total 130,000.00 - 130,000.00 - 130,000.00
840125XXX FY2020 ANTI VIRUS Total 60,000.00 26,639.95 33,360.05 - 33,360.05
840126XXX KEMP REPLACEMENT Total 15,000.00 - 15,000.00 - 15,000.00
840999XXX UNALLOCATED PROJECT FUNDS Total 23,250.07 - 23,250.07 - 23,250.07
Grand Total 18,048,537.10 11,738,380.90 6,310,156.20 2,567,667.23 3,742,488.97
305
1!7 iK
City of Denton -Job Cost Summary
DENTON Customer
Services
Promect Bus Unit Bud_qe Expenditures Remaining Encumbrances Unencumbered
870001XXX FY18-19 HARRIS CUSTOMER SERVE Total 22,694.00 - 22,694.00 - 22,694.00
870002XXX SUPPLY ROOM REMODEL Total 15,000.00 - 15,000.00 - 15,000.00
Grand Total 37,694.00 - 37,694.00 - 37,694.00
306
-n I City of Denton - Job Cost Summary
A
DENTON Electric
ExpendituresPromec Bus Unit Budge .
600755XXX POCKRUS-BRINKER/SPENCER INT TM Total 3,616,292.48 2,562,752.01 1,053,540.47 921,809.94 131,730.53
602921XXX PSA-SGS ENGINEERING, LLC FY11 Total 266,626.54 - 266,626.54 266,626.54 -
602931XXX RD WELLS SWGR BLDG 4 Total 1,886,397.26 1,839,914.69 46,482.57 40,614.55 5,868.02
602948XXX WOODROW TO LOCUST TM LINE Total 5,429,573.36 5,165,969.98 263,603.38 52,494.15 211,109.23
603187XXX PSA-BLACK&VEATCH CORP-FY 13 Total 466,718.76 - 466,718.76 466,718.76 -
603188XXX PSA-POWER TESTING Total 32,915.00 - 32,915.00 32,915.00 -
603200XXX EAGLE SUBSTATION Total 5,294,820.24 2,230,734.07 3,064,086.17 209,000.00 2,855,086.17
603233XXX LOCUST SUBSTATION RECONSTRUCTI Total 15,435,088.72 15,124,925.79 310,162.93 125,225.31 184,937.62
603234XXX HICKORY SUBSTATION RECONSTRUCT Total 6,423,030.24 3,998,739.63 2,424,290.61 419,540.40 2,004,750.21
603246XXX PSA- POWER ENGINEERS - FY13 Total 1,174,146.62 - 1,174,146.62 1,174,146.62 -
603286XXX Masch Branch Switch Station Total 8,599,354.19 6,907,668.60 1,691,685.59 962,337.08 729,348.51
603289XXX Underwood Substation Total 407,507.25 359,343.83 48,163.42 - 48,163.42
60329OXXX Brinker Substation Total 21,494,835.31 17,115,038.88 4,379,796.43 3,386,676.81 993,119.62
603291XXX PSA- KELSEY Total 163,789.44 - 163,789.44 163,789.44 -
603314XXX C of D Lewisville Pumps Update Total 84,629.00 76,418.89 8,210.11 - 8,210.11
603332XXX PWR Solutions PSA FERC Filing Total 311,400.77 - 311,400.77 311,400.77 -
603363XXX PSA-Teague, Nall & Perkins Total 2,400,641.98 - 2,400,641.98 2,400,641.98 -
603364XXX PSA- D &S Engineering Total 267,599.78 - 267,599.78 267,599.78 -
603390XXX PSA- Freese & Nichols Total 158,717.84 - 158,717.84 158,717.84 -
603493XXX Shady Shores Tie Total 20,000.00 8,437.67 11,562.33 - 11,562.33
603496XXX Denton W INTCHG Relay Upgrade Total 3,340,606.55 1,734,278.03 1,606,328.52 261,244.88 1,345,083.64
60350OXXX BRINKER TO SPENCER INT TM LINE Total 217,242.11 207,374.77 9,867.34 - 9,867.34
603511XXX ARCO to Cooper Creek TM Total 4,267,709.22 171,744.26 4,095,964.96 827,988.00 3,267,976.96
603581XXX MOBILE WORK FORCE MANAGEMENT Total 541,000.00 467,234.98 73,765.02 59,550.52 14,214.50
603582XXX LIFE CYCLE ASSETS Total 545,000.00 400,791.80 144,208.20 - 144,208.20
603631XXX CIP2017-13 Hobson DBL CIR Total 957,395.78 109,245.74 848,150.04 - 848,150.04
603718XXX SPENCER INTERCHANGE SUB RECON Total 4,637,986.16 4,303,219.42 334,766.74 18,973.53 315,793.21
603725XXX BONNIE BRAE SUBST 138 KV Total 110,000.00 101,418.05 8,581.95 - 8,581.95
603751XXX Fireside Village Total 194,323.61 137,632.75 56,690.86 - 56,690.86
603778XXX PSA- JB TEMPLETON CONSULTING Total 43,233.33 - 43,233.33 43,233.33 -
603803XXX Asset Management System Total 350,000.00 - 350,000.00 - 350,000.00
603804XXX Eng Sys & Computer Related Equ Total 251,000.00 - 251,000.00 - 251,000.00
603909XXX Rayzor Ranch S - Ph 2 East Total 66,540.24 53,465.24 13,075.00 13,075.00 -
307
_n I City of Denton - Job Cost Summary
A
DENTON Electric
Promect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
603921XXX Courts of Bonnie Brae Ph 1 Total 190,000.00 8,408.31 181,591.69 - 181,591.69
603924XXX Admin Budget Software Total 190,360.00 157,709.30 32,650.70 32,650.70 -
603932XXX Sherman Crossing Res PH 2A Total 253,676.68 30,646.06 223,030.62 5,300.00 217,730.62
603933XXX Sherman Crossing Retail PhA Total 220,000.00 8,661.29 211,338.71 30,647.30 180,691.41
603935XXX Cooper Creek Sub Line PT's Total 80,928.62 76,094.30 4,834.32 - 4,834.32
603987XXX ELECTRIC APPLICATIONS UPGRADES Total 350,053.00 240,654.45 109,398.55 - 109,398.55
60399OXXX NEW JIM CHRISTAL SUBSTATION Total 22,940,836.59 21,623,049.33 1,317,787.26 476,374.33 841,412.93
603991XXX HICKORY SUB TM UG/OH RECONFIG Total 100,000.00 80,547.32 19,452.68 - 19,452.68
603996XXX DENTON ENERGY CENTER Total 215,200,000.00 211,258,178.44 3,941,821.56 2,037,937.33 1,903,884.23
604025XXX UNT Mulberry St OH to UG Total 250,000.00 6,217.93 243,782.07 - 243,782.07
60403OXXX Hickory Sub Fdr Exit Conduits Total 13,301.80 3,510.46 9,791.34 - 9,791.34
604052XXX Hartlee Substation Total 155,440.28 143,495.20 11,945.08 - 11,945.08
604056XXX Service King Service Total 20,000.00 - 20,000.00 - 20,000.00
604075XXX TCOS-Jim Christal TM Tie-In Total 1,076,182.35 1,040,360.72 35,821.63 - 35,821.63
604087XXX RD Wells to Hickory TM Tie-In Total 100,514.34 97,007.98 3,506.36 - 3,506.36
604093XXX The Park (LABB) Total 15,000.00 2,192.72 12,807.28 - 12,807.28
604095XXX Hickory Creek Detention Facili Total 20,000.00 - 20,000.00 - 20,000.00
604096XXX Pecan Creek West Peak Flow Total 25,000.00 300.00 24,700.00 - 24,700.00
604100XXX Windsor/Hanover/Emerson Reb Total 457,719.04 456,323.76 1,395.28 - 1,395.28
604102XXX Nottingham Dr Rebuild Total 300,000.00 285,608.59 14,391.41 - 14,391.41
604103XXX Woodrow to Brinker TML Total 243,781.04 127,347.99 116,433.05 22,936.50 93,496.55
604116XXX DISD BUS YARD Total 12,000.00 397.17 11,602.83 - 11,602.83
604142XXX Pioneer ETRM Total 1,126,000.00 - 1,126,000.00 - 1,126,000.00
604156XXX Masch Branch Tie-In Total 1,177,645.17 1,142,614.44 35,030.73 - 35,030.73
604163XXX Bonnie Brae Expansion Ph IV Total 550,000.00 36,115.28 513,884.72 5,900.00 507,984.72
604164XXX Bonnie Brae Expansion Ph V Total 165,429.63 15,518.67 149,910.96 5,705.00 144,205.96
604173XXX DN TRANSFORMER#2 FDR EXITS Total 370,000.00 26,600.79 343,399.21 - 343,399.21
604182XXX Locust Subst NE Fdr Exits Total 590,768.08 508,433.68 82,334.40 81,034.40 1,300.00
604183XXX Locust Subst SW Fdr Exits Total 483,317.97 477,947.97 5,370.00 5,370.00 -
604188XXX Eagle to Locust TM Line Total 1,765,937.71 1,377,701.85 388,235.86 2,292.19 385,943.67
604189XXX Hickory to Eagle TM Line Total 3,597,320.19 3,050,522.46 546,797.73 36,860.60 509,937.13
60419OXXX Traffic Signals US377 S Total 10,000.00 215.29 9,784.71 - 9,784.71
604204XXX DENTON NORTH POWER XFRMR ADDTN Total 2,605,058.92 2,311,172.29 293,886.63 237,334.18 56,552.45
308
_n I City of Denton - Job Cost Summary
A
DENTON Electric
Promect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
604206XXX CORNER STORE Total 20,000.00 441.33 19,558.67 - 19,558.67
604219XXX Colorado Medical Office Bldg Total 20,000.00 808.41 19,191.59 - 19,191.59
60422OXXX Sundown Ranch Commercial Total 20,000.00 2,535.94 17,464.06 - 17,464.06
604222XXX Eng GIS Tech Sys Replacements Total 808,050.00 508,552.54 299,497.46 634.50 298,862.96
604227XXX Compliance Software Services Total 120,000.00 71,250.00 48,750.00 - 48,750.00
604267XXX Duluth Trading Co Total 150,000.00 125,653.38 24,346.62 7,286.80 17,059.82
604285XXX COD Irrigation Svc at Marshall Total 13,342.06 4,624.73 8,717.33 - 8,717.33
604297XXX ED1808 ED0416 Excavator Total 60,000.00 - 60,000.00 52,489.11 7,510.89
604299XXX ED1810 ED0856 Backhoe Total 110,000.00 - 110,000.00 105,768.70 4,231.30
604318XXX Denton County Admin PH III Total 52,380.00 41,041.44 11,338.56 2,113.00 9,225.56
604339XXX ADMS Communications 2018 Total 18,000.00 3,407.72 14,592.28 - 14,592.28
60434OXXX Creekside Addition Total 222,969.69 112,014.41 110,955.28 56,665.79 54,289.49
604341XXX Country Lakes North Ph 7 Total 323,520.94 153,921.58 169,599.36 44,384.90 125,214.46
604346XXX JC Denton West Erosion Control Total 47,226.22 27,992.15 19,234.07 - 19,234.07
604357XXX Denton North Drainage Total 312,767.44 242,344.86 70,422.58 - 70,422.58
604358XXX Fort Worth 411L Relay Total 50,000.00 41,550.63 8,449.37 - 8,449.37
604367XXX Keas & Pruett Apartments Total 11,750.30 8,129.85 3,620.45 - 3,620.45
60437OXXX Service Center Renovation Total 1,317,337.00 82,336.88 1,235,000.12 - 1,235,000.12
604375XXX Country Lakes North Ph 5A Total 158,250.00 6,707.71 151,542.29 - 151,542.29
604376XXX Bell & McKinney St Light Reloc Total 79,902.00 22,286.92 57,615.08 16,307.35 41,307.73
604377XXX Denton N-Arco Dist Underbuild Total 558,890.93 537,949.76 20,941.17 - 20,941.17
604378XXX Forest Ridge Apts Cable Repl Total 73,221.40 49,341.40 23,880.00 19,720.00 4,160.00
604379XXX Spencer-Locust UB Switches Total 270,000.00 233,233.89 36,766.11 - 36,766.11
60438OXXX Masch Branch & Hampton Svc Total 10,000.00 2,958.08 7,041.92 - 7,041.92
604382XXX PETERBILT PRIMARY SVC & PME Total 185,510.00 6,726.55 178,783.45 - 178,783.45
604383XXX BB-NL TM Final Span & Esmt Total 31,332.36 - 31,332.36 - 31,332.36
604386XXX Beall Way Addition Total 398,100.00 52,452.91 345,647.09 68,197.50 277,449.59
604389XXX Carmel Villas Total 234,850.00 46,300.11 188,549.89 63,829.50 124,720.39
604392XXX Denton Student Housing Total 20,000.00 210.96 19,789.04 - 19,789.04
604393XXX Old Kings Row Subst Retirement Total 500,000.00 11,681.84 488,318.16 - 488,318.16
604394XXX MDMS Integration to Synergy Total 45,000.00 33,000.00 12,000.00 - 12,000.00
604397XXX Switchgear 864 Replacement Total 100,000.00 1,263.91 98,736.09 - 98,736.09
604399XXX TMPA Windhaven Upgrade Total 199,412.44 60,889.52 138,522.92 53,472.13 85,050.79
309
-n I City of Denton - Job Cost Summary
A
DENTON Electric
Promect Bus Unit Budge Expenditures Remaining Encumbrances Unencumbered
604403XXX Clean & Green Car Wash FM2499 Total 25,000.00 15,334.79 9,665.21 - 9,665.21
604405XXX Forrestridge Cable Rep1 Total 200,000.00 95,002.93 104,997.07 72,895.00 32,102.07
604411XXX 2019 UG Conductor Ordinary Rep Total 126,380.43 120,248.25 6,132.18 - 6,132.18
604412XXX 2019 Services Total 722,954.58 688,640.04 34,314.54 1,491.50 32,823.04
604427XXX Fire Station #3 Service Total 10,000.00 - 10,000.00 - 10,000.00
604432XXX Meter Seals Total 5,000.00 - 5,000.00 - 5,000.00
604433XXX DEC Fixtures Total 140,000.00 345.88 139,654.12 - 139,654.12
604434XXX Discount Tire N 135 Total 20,000.00 17,002.66 2,997.34 - 2,997.34
604436XXX RRTC Heritage Tr1 Lighting Ph2 Total 37,600.00 11,672.97 25,927.03 3,864.20 22,062.83
604437XXX Computer Equipment Replacement Total 52,095.00 45,076.00 7,019.00 - 7,019.00
604438XXX S & C Software Licenses Total 113,850.00 42,092.00 71,758.00 - 71,758.00
60444OXXX Shady Oaks Office Total 15,000.00 2,778.99 12,221.01 - 12,221.01
604442XXX Hick's Hanger Total 20,000.00 11,598.14 8,401.86 - 8,401.86
604444XXX ED1961 ED0990 Altec 60' Bucket Total 300,000.00 - 300,000.00 245,176.00 54,824.00
604445XXX ED1941 ED0899 3/4 T Crew Cab Total 60,750.00 - 60,750.00 45,684.21 15,065.79
604446XXX ED1942 ED1032 3/4 T Crew Cab Total 60,000.00 - 60,000.00 45,684.21 14,315.79
604447XXX EM1922 ED1135 Chevy C1500 Total 40,585.00 - 40,585.00 34,244.91 6,340.09
604453XXX PRECISION DR FDR TIE PH 2 Total 10,000.00 - 10,000.00 - 10,000.00
604455XXX CHARTER SERVICES Total 30,000.00 29,111.19 888.81 - 888.81
604456XXX Residences at Razor Ranch Total 10,000.00 - 10,000.00 - 10,000.00
604457XXX Valvoline Express Care Total 20,000.00 7,162.11 12,837.89 - 12,837.89
604458XXX RINEY ROAD TOWNHOMES Total 15,389.00 2,556.06 12,832.94 - 12,832.94
60446OXXX Country Club Road Estates Total 10,000.00 - 10,000.00 - 10,000.00
604463XXX Texas Oncology Total 47,500.00 29,757.71 17,742.29 - 17,742.29
604464XXX Hercules West Phase 2C Total 10,000.00 1,605.41 8,394.59 - 8,394.59
604465XXX Evans Residence Total 10,000.00 3,806.69 6,193.31 - 6,193.31
604466XXX Denton North Substation Fence Total 1,101,000.00 73,988.40 1,027,011.60 884,362.10 142,649.50
604469XXX Audra Heights Phase 2 Total 10,000.00 1,739.97 8,260.03 - 8,260.03
60447OXXX LED St Llighting Retrofit Total 2,865,347.68 - 2,865,347.68 - 2,865,347.68
604471XXX Wave Wash Total 20,000.00 3,317.33 16,682.67 - 16,682.67
604472XXX University Self Storage Total 110,000.00 11,442.70 98,557.30 2,100.00 96,457.30
604473XXX McDonald's Fort Worth Dr Total 35,000.00 27,303.04 7,696.96 - 7,696.96
604478XXX Park 7 Denton - East Total 53,203.85 38,012.45 15,191.40 - 15,191.40
310
-n I City of Denton - Job Cost Summary
A
DENTON Electric
ExpendituresPromect Bus Unit Budge .
604479XXX Park 7 Denton -West Total 10,000.00 - 10,000.00 - 10,000.00
60448OXXX Peterbilt Truck Lot Total 40,000.00 22,588.53 17,411.47 10,460.00 6,951.47
604482XXX Sherman Crossing Res Ph 2B Total 10,000.00 2,884.70 7,115.30 - 7,115.30
604483XXX BBI Denton Total 175,000.00 83,616.41 91,383.59 21,296.50 70,087.09
604484XXX DHS Campus Phase 1 Total 375,000.00 10,109.18 364,890.82 - 364,890.82
604485XXX DN Fdr Exit Relocation Total 600,000.00 569,872.00 30,128.00 3,258.04 26,869.96
604487XXX 135E NBSR Reloc Ph1 Total 50,000.00 8,369.04 41,630.96 6,150.00 35,480.96
60449OXXX US 377 STREETLIGHTS PH 1 Total 10,000.00 - 10,000.00 - 10,000.00
604491XXX Denton Cope Addition Total 10,000.00 - 10,000.00 - 10,000.00
604492XXX All Storage Denton Total 135,000.00 71,707.68 63,292.32 - 63,292.32
604493XXX Haven at Daugherty Total 10,000.00 - 10,000.00 - 10,000.00
604494XXX Cooper Creek Business Park Total 10,000.00 - 10,000.00 - 10,000.00
604495XXX RRTC Lighting Ph 2 East Total 455,000.00 114,006.15 340,993.85 60,980.20 280,013.65
604497XXX Morse St Relocation Total 10,000.00 720.53 9,279.47 - 9,279.47
604499XXX Hickory Creek Rd Reloc Total 10,000.00 3,077.11 6,922.89 - 6,922.89
60450OXXX Strickland School Pole Reloc Total 18,600.00 6,633.09 11,966.91 - 11,966.91
604502XXX CVR Trial Total 35,000.00 24,576.46 10,423.54 - 10,423.54
604503XXX Enclave At Denton Total 100,000.00 20,253.28 79,746.72 - 79,746.72
604504XXX Outback RV Shop Total 10,000.00 7,049.24 2,950.76 - 2,950.76
604505XXX Woodrow Wilson Elem Reloc Total 125,000.00 56,309.23 68,690.77 - 68,690.77
604506XXX Woodrow Wilson Elem Service Total 10,000.00 5,822.19 4,177.81 - 4,177.81
604509XXX Hickory Creek Lift Sta Total 25,000.00 18,720.24 6,279.76 - 6,279.76
604511XXX Rayzor Ranch S - Ph 2A East Total 350,000.00 209,001.34 140,998.66 43,123.80 97,874.86
604512XXX Power Quality Improvement Total 173,623.50 154,522.50 19,101.00 17,010.00 2,091.00
604513XXX Arco SS CT Metering Addition Total 100,000.00 6,502.70 93,497.30 - 93,497.30
604514XXX Parkview by Toll Brothers Total 125,000.00 13,450.08 111,549.92 1,400.00 110,149.92
604515XXX Carriage Square North Total 75,000.00 1,443.42 73,556.58 - 73,556.58
604517XXX Bellaire Assisted Living Total 13,825.00 3,647.87 10,177.13 - 10,177.13
604518XXX Johnson Ln Business Park Ph2 Total 20,000.00 14,259.31 5,740.69 - 5,740.69
604519XXX FW221 Circuit Upgrade Total 10,000.00 - 10,000.00 - 10,000.00
60452OXXX TM Line Mod at Locust/Hercules Total 30,000.00 11,847.12 18,152.88 10,653.48 7,499.40
604521XXX Pax Ag Building Total 10,000.00 1,499.93 8,500.07 - 8,500.07
604522XXX Forest Crossing Total 10,000.00 1,675.06 8,324.94 - 8,324.94
311
-n I City of Denton - Job Cost Summary
A
DENTON Electric
Promect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
604523XXX Advantage Self Storage Total 10,000.00 291.84 9,708.16 - 9,708.16
604526XXX COD Emergency Sirens Total 10,000.00 875.49 9,124.51 - 9,124.51
604527XXX PEC 4 Ph 3-4 Reloc Total 10,000.00 2,042.22 7,957.78 - 7,957.78
604529XXX Greenville Storm Total 100,000.00 84,435.72 15,564.28 - 15,564.28
604531XXX Ponder Duplexes Total 27,615.00 5,944.75 21,670.25 - 21,670.25
604532XXX Fairhaven Assisted Living Total 10,000.00 - 10,000.00 - 10,000.00
604533XXX DHS Campus Phase II Total 10,000.00 - 10,000.00 - 10,000.00
604535XXX S Bonnie Brae Street Lighting Total 130,000.00 - 130,000.00 - 130,000.00
604536XXX Hercules Ln Street Lighting Total 20,000.00 636.77 19,363.23 5,629.00 13,734.23
604537XXX Wave Wash Temp Service Total 6,000.00 - 6,000.00 - 6,000.00
604538XXX All Storage Temp Service Total 5,000.00 1,459.08 3,540.92 - 3,540.92
604539XXX Cooper Creek Landscape Reconst Total 60,000.00 15,502.41 44,497.59 - 44,497.59
604541XXX Rayzor Ranch Senior Living Total 10,000.00 1,139.55 8,860.45 - 8,860.45
604542XXX Academy Foot &Ankle Total 10,000.00 - 10,000.00 - 10,000.00
604543XXX Crawford Rd to 135W Extension Total 240,166.53 12,370.51 227,796.02 19,492.50 208,303.52
604544XXX 135E SBSR Reloc Ph1 Total 10,000.00 - 10,000.00 - 10,000.00
604545XXX Bonnie Brae/135E-Hickory Reloc Total 10,000.00 - 10,000.00 - 10,000.00
604546XXX Bonnie Brae/Hickory-Oak Reloc Total 10,000.00 - 10,000.00 - 10,000.00
604547XXX Exeter Westpark Total 10,000.00 2,179.96 7,820.04 - 7,820.04
604548XXX WWTP Xfmr#5644 Replacement Total 50,000.00 5,288.86 44,711.14 - 44,711.14
604549XXX**BARRICADE &TRAFFIC CONTROL Total 12,643.65 - 12,643.65 12,643.65 -
604552XXX DN Fdr Tie Reconfiguration Total 10,000.00 1,957.44 8,042.56 - 8,042.56
604553XXX VINTAGE TOWNHOMES NORTH Total 10,000.00 - 10,000.00 - 10,000.00
604554XXX BOB-0-LINK DR CABLE REPL Total 30,000.00 10,999.27 19,000.73 - 19,000.73
604558XXX Audra Oaks Ph 2A Total 10,000.00 - 10,000.00 - 10,000.00
604559XXX Guyer HS Field House Total 10,000.00 - 10,000.00 - 10,000.00
60456OXXX Ryan HS Auditorium Total 10,000.00 761.59 9,238.41 - 9,238.41
604561XXX DEC Warehouse Total 120,000.00 - 120,000.00 - 120,000.00
604564XXX Fire Station #8 Total 10,000.00 801.38 9,198.62 - 9,198.62
604566XXX At the Table Total 10,000.00 - 10,000.00 - 10,000.00
604567XXX Hillcrest Retail Total 10,000.00 - 10,000.00 - 10,000.00
604568XXX IOOF Storage Service Total 10,000.00 - 10,000.00 - 10,000.00
604569XXX Acme Brick Cap Bank Total 20,000.00 - 20,000.00 - 20,000.00
312
-n I City of Denton - Job Cost Summary
A
DENTON Electric
ExpendituresPromec Bus Unit Budge .
60457OXXX Annual TS OSI SCADA Maintenanc Total 41,000.00 - 41,000.00 - 41,000.00
60463OXXX 2020 OH Conductors Total 100,000.00 7,008.45 92,991.55 - 92,991.55
604631XXX 2020 UG Conduit Ordinary Rep1 Total 99,304.00 32,404.10 66,899.90 - 66,899.90
604632XXX 2020 UG Conductor Ordinary Rep Total 144,531.00 6,618.04 137,912.96 - 137,912.96
604633XXX 2020 Services Total 962,837.00 178,733.87 784,103.13 203,012.12 581,091.01
604634XXX 2020 Poles Total 171,667.48 55,719.49 115,947.99 8,000.00 107,947.99
604635XXX 2020 Sery Truck Sec Light Total 9,156.00 - 9,156.00 - 9,156.00
604636XXX 2020 Street Lights & Signals Total 191,102.00 34,493.10 156,608.90 - 156,608.90
604637XXX 2020 City Street Lights Progra Total 1,250,000.00 - 1,250,000.00 - 1,250,000.00
604638XXX 2020 Three Phase Meter Total 93,469.00 - 93,469.00 6,400.00 87,069.00
604639XXX 2020 Single Phase Meters Total 587,199.00 396,200.00 190,999.00 3,740.00 187,259.00
60464OXXX 2020 Instrument Rated Equip Total 144,604.34 - 144,604.34 23,675.00 120,929.34
604641XXX 2020 AMI &WAN Equipment Total 164,938.46 - 164,938.46 - 164,938.46
604642XXX 2020 Prepayment Meter System Total 42,052.00 - 42,052.00 - 42,052.00
604643XXX 2020 Substation Security Total 201,977.97 7,313.79 194,664.18 56,432.53 138,231.65
604644XXX 2020 FIBER NETWORK MAINTENANCE Total 363,437.88 38,667.89 324,769.99 56,740.67 268,029.32
604645XXX 2020 Transformers Total 3,039,539.84 832,704.02 2,206,835.82 622,307.00 1,584,528.82
604646XXX 2020 St Light Conv to LED Prog Total 375,000.00 - 375,000.00 - 375,000.00
604647XXX 2020 Storm Outage Total 20,000.00 9,144.44 10,855.56 - 10,855.56
604648XXX 2020 Outage Total 100,000.00 69,617.73 30,382.27 - 30,382.27
604649XXX TOWNSEND GREEN PHASE 1 Total 10,000.00 - 10,000.00 - 10,000.00
60465OXXX WESTGATE DR FDR UPGRADE Total 10,000.00 - 10,000.00 - 10,000.00
604651XXX VERIZON WIRELESS NODE SERVICES Total 25,000.00 6,730.18 18,269.82 - 18,269.82
604652XXX Garland Storm Recovery Total 50,000.00 21,537.02 28,462.98 - 28,462.98
604653XXX Denton County Emergency Ops Total 10,000.00 - 10,000.00 - 10,000.00
604654XXX 2628 Boliver St Security Lt Total 5,000.00 - 5,000.00 - 5,000.00
604655XXX Swisher Rd Feeder Tie Total 146,974.56 46,974.56 100,000.00 - 100,000.00
604656XXX Jim Christal Rd Reloc Total 50,000.00 - 50,000.00 - 50,000.00
604657XXX 135E & Brinker Traffic Signal Total 10,000.00 39.94 9,960.06 - 9,960.06
604658XXX American National Bank &Trust Total 10,000.00 - 10,000.00 - 10,000.00
604659XXX 427 &431 Jannie Services Total 10,000.00 1,167.84 8,832.16 - 8,832.16
60466OXXX FM2499 Irrigation Service Total 10,000.00 - 10,000.00 - 10,000.00
604661XXX Denton Crossing Building 3 Total 10,000.00 - 10,000.00 - 10,000.00
313
_n I City of Denton - Job Cost Summary
A
DENTON Electric
Promect Bus Unit Budget Expenditures Remaining Encumbrances Unencumbered
604662XXX Denton Crossing Building 4 Total 10,000.00 - 10,000.00 - 10,000.00
604664XXX Bonnie Brae Ph4A Streetlights Total 40,000.00 - 40,000.00 - 40,000.00
604665XXX Mulberry St Loop Tie Total 10,000.00 - 10,000.00 - 10,000.00
604666XXX Honda of Denton Relocation Total 10,000.00 - 10,000.00 - 10,000.00
604667XXX E02014 E00857 Pole Machine Total 160,000.00 - 160,000.00 - 160,000.00
604668XXX ED2009 ED0876 Bucket Truck Total 270,000.00 - 270,000.00 - 270,000.00
604669XXX ES2016 ES1058 Utility Truck Total 160,000.00 - 160,000.00 151,867.00 8,133.00
604671XXX PROSE WINDSOR APARTMENTS Total 10,000.00 - 10,000.00 - 10,000.00
604672XXX 2020 PRIORITY POLE REPLACEMENT Total 250,000.00 - 250,000.00 - 250,000.00
604673XXX 2020 STREETLIGHT ADDITIONS Total 500,000.00 1,308.89 498,691.11 - 498,691.11
604674XXX The Mark at Denton Total 10,000.00 - 10,000.00 - 10,000.00
604675XXX Cooper Creek Lift Station ATO Total 10,000.00 - 10,000.00 - 10,000.00
699001XXX 001 -AUTOMATED METER READ Total 989,980.56 - 989,980.56 - 989,980.56
699003XXX 003 -497 BUILDING CONSTRUCTIO Total 105,542.00 - 105,542.00 - 105,542.00
699007XXX 007 - FIBER EQUIP MAINTENA Total 1,413,906.75 - 1,413,906.75 - 1,413,906.75
699019XXX 019 - FEEDER & EXTENSIONS Total 6,459,528.86 - 6,459,528.86 - 6,459,528.86
699024XXX 024-497 OTHER DME PROJECTS Total 39,732.81 - 39,732.81 - 39,732.81
699025XXX 025- NEW RESIDENTIAL & CO Total 1,978,012.22 - 1,978,012.22 - 1,978,012.22
699028XXX 028 - OVER TO UNDER CONVER Total 500,000.00 - 500,000.00 - 500,000.00
699032XXX 032 - POWER FACTOR IMPROVE Total 103,131.00 - 103,131.00 - 103,131.00
69904OXXX 040 - STREET LIGHTING Total 5,933,060.67 - 5,933,060.67 - 5,933,060.67
69908OXXX 497 OTHER ELECTRIC PROJECTS Total 112,475.05 - 112,475.05 - 112,475.05
69909OXXX 500 OTHER ELECTRIC PROJECTS Total 100,633.14 - 100,633.14 - 100,633.14
699999XXX UNALLOCATED PROJECT &JOB REVE Total 28,709,796.39 - 28,709,796.39 - 28,709,796.39
Grand Total 417,477,925.17 314,778,342.82 ############ 18,735,305.66 83,964,276.69
314
Date: March 20, 2020 Report No. 2020-028
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Response to requests made by Council Members Briggs and Armintor regarding drainage issues
and concerns at the United Through Hope located at 503 Bolivar.
BACKGROUND:
The United Through Hope located at 503 Bolivar is located within the floodway. As the building
was originally constructed in 1948, it predates the National Flood Insurance Program (NFIP)
which is why the structure has been allowed to remain in the floodway. Based on the information
provided by Flood Administrator,Noreen Housewright,the property is 3 feet below the Base Flood
Elevation (BFE). The BFE is defined as the computed elevation to which the flood is anticipated
to rise during the base flood. The base flood is also referred as the 100-year flood. During large
rain events and heavily saturated grounds may cause structures to be flooded. Over the past number
of days, the area has experienced times of heavy and persistent rainfall and the ground is overly
saturated and not able to absorb much of the draining water.
Regarding capacity, the drainage in this area does need to be upgraded. The email from Ms.
Housewright that indicates that the city is working with an engineering firm to create a plan. The
cost to make these improvements are in the multiples of millions of dollars and the project is not
funded at this time. To improve the flood condition, the City will need to replace all drainage
structures downstream of Quakertown Park to Carl Young Park. To completely remove the
property from the floodplain and floodway, box culverts at least as wide as the right of way for
Parkway Street(approximately 50' wide)will need to be constructed from just upstream of Carroll
Blvd. to the confluence in Quaker Town Park in addition to the downstream improvements. City
staff is researching to find other available funding through Federal, State, and regional sources.
In the social media post,there is a statement was made that the City has not maintained the drainage
system. Attached are the records from the Drainage Division on it maintenance in this area over
the past four years. Also included are pictures taken on Thursday, March 19, 2020 to show the
drainage pipes were clear except for the garden hose that should be removed.
To prevent impacts from future flooding, there are several things that can be done by the owner.
1. Contacting a licensed engineer to provide on the ground solutions to divert water away
from the building. This would require a flood study approved by FEMA to show no
negative impacts on other privately-owned properties.
2. Contact a registered architect to flood proof the structure the existing structure.
ATTACHMENT(S):
315
Date: March 20, 2020 Report No. 2020-028
Exhibit 1 —414 Parkway Drainage Maintenance Records
Exhibit 2—503 Bolivar Drainage Maintenance Records
Exhibit 3 —email from Noreen Housewright dated 03/19/2020
Exhibit 4—Pictures of Drainage pipes
STAFF CONTACTS:
Mario Canizares
Deputy City Manager
(940) 349-8535
Mario.Canizares&cityofdenton.c om
Todd Estes
City Engineer
(940) 349-8917
Todd.Esteskcityofdenton.com
316
Task ID Activity Status Start Date Stop Date Location Description Labor Costuipment Claterial Co Other CoslTotal Cost_abor Hour. Notes Asset
414 Parkway
152532 Inspect Creek Crossing Complete 3/16/2020 3/16/2020 PEC-183 $9.71 $1.80 $0.00 $0.00 $11.51 0.26 Bridge BR46
414 Parkway
152425 Inspect Creek Crossing Complete 3/13/2020 3/13/2020 PEC-183 $7.37 $2.40 $0.00 $0.00 $9.77 0.24 Bridge BR46
414 Parkway
150688 Inspect Creek Crossing Complete 2/11/2020 2/11/2020 PEC-183 $8.98 $1.80 $0.00 $0.00 $10.78 0.27 Bridge BR46
414 Parkway
148927InspectCreek Crossing Complete 1/13/2020 1/13/2020 PEC-183 $5.12 $1.02 $0.00 $0.00 $6.14 0.14 Bridge BR46
414 Parkway
148815 Clean Creek Crossing Complete 1/14/2020 1/14/2020 PEC-183 $76.51 $9.00 $0.00 $0.00 $85.51 2 1/14/2020 Removed debris from the crossing. Bridge BR46
147977 Inspect Manhole Complete 12/30/2019 12/30/2019 414 Parkway $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Inspected and measured inlet Storm Inlet 11988
147976 Inspect Manhole Complete 12/30/2019 12/30/2019 414 Parkway across street $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Inspected and measured inlet.Pipe is above flow line of box Storm Inlet 16429
414 Parkway
146896 Inspect Creek Crossing Complete 12/4/2019 12/4/2019 PEC-183 $12.08 $2.00 $0.00 $0.00 $14.08 0.3 Bridge BR46
414 Parkway
146318 Inspect Creek Crossing Complete 11/22/2019 11/22/2019 PEC-183 $8.61 $2.40 $0.00 $0.00 $11.01 0.24 Bridge BR46
414 Parkway
145892 Clean Creek Crossing Complete 11/8/2019 11/8/2019 PEC-183 $26.79 $5.00 $0.00 $0.00 $31.79 0.75 Cleaned debris off of pillars Bridge BR46
414 Parkway
145218 Inspect Creek Crossing Complete 10/25/2019 10/25/2019 PEC-183 $4.43 $1.40 $0.00 $0.00 $5.83 0.14 Bridge BR46
145143 Channel Maintenance Complete 10/23/2019 10/23/2019 414 Parkway $513.42 $120.00 $0.00 $48.80 $682.22 15 Trimmed trees along channel Storm Channel C82
145140 Clean Concrete Channels Complete 10/23/2019 10/23/2019 414 Parkway $389.92 $120.00 $0.00 $0.00 $509.92 11.5 removed silt&debris from channel Storm Channel C82
145139 Inspect Channel Concrete Complete 10/23/2019 10/23/2019 414 Parkway $37.92 $10.00 $0.00 $0.00 $47.92 1 Concrete channel inspection Storm Channel C82
414 Parkway
145094 Clean Creek Crossing Complete 10/22/2019 10/22/2019 PEC-183 $17.97 $5.00 $0.00 $0.00 $22.97 0.5 cleaned debris from creek crossing Bridge BR46
414 Parkway
145005 Inspect Creek Crossing Complete 10/21/2019 10/21/2019 PEC-183 $3.60 $1.00 $0.00 $0.00 $4.60 0.1 Bridge BR46
144375 Weed Eat Complete 9/25/2019 9/25/2019 414 Parkway $37.91 $10.00 $0.00 $0.00 $47.91 2 knocked dawn weeds in channel Non-Asset
414 Parkway
143765 Inspect Creek Crossing Complete 9/5/2019 9/5/2019 PEC-183 $3.60 $1.00 $0.00 $0.00 $4.60 0.1 Bridge BR46
414 Parkway
140416 Inspect Creek Crossing Complete 5/20/2019 5/20/2019 PEC-183 $4.31 $1.20 $0.00 $0.00 $5.51 0.12 Bridge BR46
per task 139776-need weed eating around headwall&guardrail trim trees off
of channel
139777 Weed Eat Complete 5/8/2019 9/25/2019 414 Parkway $78.19 $10.00 $0.00 $0.00 $88.19 2 9/24/2019 Weed eat around guardrail Storm Channel C82
inspect channel-need weed eating around headwall&guardrail trim trees off
139776 Inspect Channel Concrete Complete 5/8/2019 5/8/2019 414 Parkway $39.41 $7.00 $0.00 $0.00 $46.41 1 of channel Storm Channel C82
138770 Clean Creek Crossing Complete 4/19/2019 4/19/2019 414 Parkway $45.54 $10.00 $0.00 $0.00 $55.54 1.5 removed debris from crossing.Took to yard Bridge BR46
138559 Clean Creek Crossing Complete 4/15/2019 4/15/2019 414 Parkway $44.46 $28.25 $0.00 $0.00 $72.71 1.25 cleared debris from crossing Bridge BR46
135806 Clean Creek Crossing Complete 1/2/2019 1/2/2019 414 Parkway $24.43 $5.00 $0.00 $0.00 $29.43 0.75 Cleaned debris from creek crossing Non-Asset
135725 Clean Creek Crossing Complete 12/26/2018 12/26/2018 414 Parkway $23.74 $5.00 $0.00 $0.00 $28.74 0.75 Cleaned debris from creek crossing Non-Asset
133876 Clean Creek Crossing Complete 10/17/2018 10/17/2018 414 Parkway $32.41 $10.00 $0.00 $0.00 $42.41 1 cleared debris that got caught on boxes Non-Asset
133578 Clean Creek Crossing Complete 10/11/2018 10/11/2018 414 Parkway $32.41 $10.00 $0.00 $0.00 $42.41 1 cleaned creek crossing Non-Asset
131968 Clean Creek Crossing Complete 8/15/2018 8/15/2018 414 Parkway $67.93 $47.50 $0.00 $0.00 $115.43 2 removed debris Non-Asset
129559 Clean Creek Crossing Complete 5/7/2018 5/7/2018 414 Parkway $32.24 $9.00 $0.00 $0.00 $41.24 1 cleaned creek crossing Non-Asset
128119 Clean Creek Crossing Complete 3/2/2018 3/2/2018 414 Parkway $45.33 $9.00 $0.00 $0.00 $54.33 1.5 cleaned up debris caught on box Non-Asset
125533 Clean Concrete Channels Complete 12/28/2017 12/28/2017 414 Parkway $247.89 $186.00 $0.00 $0.00 $433.89 7.5 Cleaned debris from channel Non-Asset
125420 Clean Creek Crossing Complete 12/21/2017 12/21/2017 414 Parkway $32.24 $9.00 $0.00 $0.00 $41.24 1 Cleaned crossing Non-Asset
123328 Weed Eat Complete 10/23/2017 10/23/2017 414 Parkway $31.09 $9.00 $0.00 $0.00 $40.09 1 weed eat around guardrail Non-Asset
123247 Weed Eat Complete 10/17/2017 10/17/2017 414 Parkway $118.94 $36.00 $0.00 $0.00 $154.94 4 weed eat channel Non-Asset
118366 Clean Creek Crossing Complete 4/4/2017 4/4/2017 414 Parkway $49.24 $18.00 $0.00 $0.00 $67.24 2 Non-Asset
118101 Clean Creek Crossing Complete 3/28/2017 3/28/2017 414 Parkway $61.03 $9.00 $0.00 $0.00 $70.03 2 cleaned debris from crossing Non-Asset
115562 Clean Concrete Channels Complete 12/27/2016 12/27/2016 414 Parkway $311.41 $173.00 $0.00 $0.00 $484.41 10 cleaned channel Non-Asset
114848 Clean Creek Crossing Complete 11/29/2016 11/29/2016 414 Parkway $34.32 $9.00 $0.00 $0.00 $43.32 1 cleaned debris from crossing INon-Asset
317
112309 Clean Creek Crossing Complete 8/24/2016 8/24/2016 414 Parkway $49.96 $9.00 $0.00 $0.00 $58.96 1.5 cleaned crossing Non-Asset
110069 Clean Creek Crossing ICompletel 5/25/2016 5/25/2016 414 Parkway 1 $23.681 $9.001 $0.001 $0.001 $32.681 1 cleaned 1 yd debris from crossing Non-Asset
107802 Clean Creek Crossing jCornplete 2/25/201612/25/2016 414 Parkway 1 $29.521 $9.001 $0.001 $0.001 $38.521 1 Cleaned 0.5 yd debris from crossing Non-Asset
Totals $2,638.12 $925.13 $0.00 $48.80$3,612.05 80.89
318
Task ID Activity Status Start Date Stop Date Location Description Labor Cost Equipment Cost Material Cost Other Cost Total Cost Labor Hours Notes Asset
Taliferro IN side E of Bolivar-grate
152592 Inspect Creek Crossing Completed 3/16/2020 3/16/2020 inlet) $3.35 $0.60 $0.00 $0.00 $3.95 0.09 Bridge BR146
152591 Inspect Creek Crossing Completed 3/16/2020 3/16/2020 Bolivar @ Parkway(grate#2) $4.48 $0.80 $0.00 $0.00 $5.28 0.12 Bridge BR125
152580 Inspect Creek Crossing Completed 3/16/2020 3/16/2020 Bolivar @ Parkway(grate#1) $4.48 $0.80 $0.00 $0.00 $5.28 0.12 Bridge BR124
814 Bolivar
152499 Inspect Creek Crossing Completed 3/16/2020 3/16/2020 NPEC-214 $9.71 $1.80 $0.00 $0.00 $11.51 0.26 Bridge BR10
Taliferro IN side E of Bolivar-grate
152427 Clean Creek Crossing Completed 3/13/2020 3/13/2020 inlet) $15.36 $5.00 $0.00 $0.00 $20.36 0.5 cleaned grate Bridge BR146
814 Bolivar
152392 Inspect Creek Crossing Completed 3/13/2020 3/13/2020 NPEC-214 $7.99 $2.60 $0.00 $0.00 $10.59 0.26 Bridge BR10
Taliferro IN side E of Bolivar-grate
152372 Inspect Creek Crossing Completed 3/13/2020 3/13/2020 inlet) $4.92 $1.60 $0.00 $0.00 $6.52 0.16 Bridge BR146
152370 Inspect Creek Crossing Completed 3/13/2020 3/13/2020 Bolivar @ Parkway(grate#2) $4.30 $1.40 $0.00 $0.00 $5.70 0.14 Bridge BR125
152358 Inspect Creek Crossing Completed 3/13/2020 3/13/2020 Bolivar @ Parkway(grate#1) $4.92 $1.60 $0.00 $0.00 $6.52 0.16 Bridge BR124
Sherman and Bolivar
151453 Inspect Manhole Completed 2/25/2020 2/25/2020 South east corner $12.15 $3.24 $0.00 $0.00 $15.39 0.36 Inspected and measured inlet Storm Inlet 14909
814 Bolivar
150824 Clean Creek Crossing Completed 2/13/2020 2/13/2020 NPEC-214 $17.97 $5.00 $0.00 $0.00 $22.97 0.5 02/13/2020 Cleaned the crossing. Bridge BR10
Taliferro IN side E of Bolivar-grate
150703 Inspect Creek Crossing Completed 2/11/2020 2/11/2020 inlet) $7.98 $1.60 $0.00 $0.00 $9.58 0.24 Bridge BR146
150702 Inspect Creek Crossing Completed 2/11/2020 2/11/2020 Bolivar @ Parkway(grate#2) $7.98 $1.60 $0.00 $0.00 $9.58 0.24 Bridge BR125
150694 Inspect Creek Crossing Completed 2/11/2020 2/11/2020 Bolivar @ Parkway(grate#1) $7.98 $1.60 $0.00 $0.00 $9.58 0.24 Bridge BR124
814 Bolivar
150655 Inspect Creek Crossing Completed 2/11/2020 2/11/2020 NPEC-214 $8.98 $1.80 $0.00 $0.00 $10.78 0.27 Bridge BR10
924 Anna
150396 Inspect Channel Concrete Completed 2/7/2020 2/7/2020 (Anna to Bolivar) $27.79 $4.50 $0.00 $0.00 $32.29 0.75 02/07/2020 Inspected the channel for damage and debris. Storm Channel C706
Taliferro(N side E of Bolivar-grate
148990 Inspect Creek Crossing Completed 1/13/2020 1/13/2020 inlet) $2.97 $0.60 $0.00 $0.00 $3.57 0.08 Bridge BR146
148988 Inspect Creek Crossing Completed 1 1/13/2020 1/13/20201 Bolivar @ Parkway(grate#2) $2.97 $0.60 $0.00 $0.001 $3.57 0.08 Bridge BR125
148976 Inspect Creek Crossing Completed 1/13/2020 1/13/2020 Bolivar @ Parkway(grate#1) $2.97 $0.60 $0.00 $0.00 $3.57 0.08 Bridge BR124
814 Bolivar
148894 Inspect Creek Crossing Completed 1/13/2020 1/13/2020 NPEC-214 $5.12 $1.02 $0.00 $0.00 $6.14 0.14 Bridge BR10
148495 Inspect Manhole Completed 1/8/2020 1/8/2020 312 W.McKinney on Bolivar $19.57 $4.06 $0.00 $0.00 $23.63 0.58 Inspected and measured inlet Storm Inlet 17392
On South side of Parkway Between
Carroll and Bolivar across from
147975 Inspect Manhole Completed 12/30/2019 12/30/2019 Creek crossing $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Inspected and measured inlet Storm Inlet 11919
North West of Bolivar and Parkway
147974 Inspect Manhole Completed 12/30/2019 12/30/2019 intersection on Parkway $7.231 $1.68 $0.001 $0.001 $8.91 0.24 Could not locate Storm Manhole M1760
South west of Bolivar and Parkway
147973 Inspect Manhole Completed 12/30/2019 12/30/2019 intersection on Parkway in grass $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Inspected and measured inlet Storm Inlet 17570
147972 Inspect Manhole Completed 12/30/2019 12/30/2019 Bolivar and Parkway intersection $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Could not locate Storm Manhole M130
South east of Bolivar and Parkway
147971 Inspect Manhole Completed 12/30/2019 12/30/2019 intersection on Bolivar $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Inspected and measured inlet Storm Inlet 17130
South west of Bolivar and Parkway
147970 Inspect Manhole Completed 12/30/2019 12/30/2019 intersection on Bolivar $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Inspected and measured inlet Storm Inlet 13548
147969 Inspect Manhole Completed 12/30/2019 12/30/2019 503 Bolivar $7.23 $1.68 $0.001 $0.00 $8.911 0.24 Inspected and measured inlet Storm Inlet 16682
147968 Inspect Manhole Completed 12/30/2019 12/30/2019 West of 222 Parkway on Bolivar $7.23 $1.68 $0.00 $0.00 $8.91 0.24 Inspected and measured inlet Storm Inlet 15988
147925 Inspect Manhole Completed 12/27/2019 12/27/2019 904 Bolivar $8.77 $1.82 $0.00 $0.00 $10.59 0.26 Inspected and measured inlet Storm Inlet 13239
147924 Inspect Manhole Completed 12/27/2019 12/27/2019 905 Bolivar $8.77 $1.82 $0.00 $0.00 $10.59 0.26 Inspected and measured inlet Storm Inlet 16879
147923 Inspect Manhole Completed 12/27/2019 12/27/2019 817 Bolivar $8.77 $1.82 $0.00 $0.00 $10.59 0.26 Inspected and measured inlet Storm Inlet 12668
147922 Inspect Manhole Completed 12/27/2019 12/27/2019 814 Bolivar $8.77 $1.82 $0.00 $0.00 $10.59 0.26 Inspected and measured inlet Storm Inlet 16522
814 Bolivar St
147742 Inspect Channel Concrete Completed 12/23/2019 12/23/2019 (Bolivarto Elm) $11.47 $5.00 $0.00 $0.00 $16.47 0.25 Inspected channel for damage and finished measurements for the channel. Storm Channel C511
146909 Inspect Creek Crossing Completed 12/4/2019 12/4/2019 Bolivar @ Parkway(grate#2) $6.03 $1.001 $0.00 $0.00 $7.03 0.15 Bridge BR125
146901 Inspect Creek Crossing Completed 12/4/2019 12/4/2019 Bolivar @ Parkway(grate#1) $6.03 $1.00 $0.00 $0.00 $7.03 0.15 Bridge BR124
814 Bolivar
146871 Inspect Creek Crossing Completed 12/4/2019 12/4/2019 NPEC-214 $12.08 $2.00 $0.00 $0.00 $14.08 0.3 Bridge BR10
Taliferro IN side E of Bolivar-grate
146841 Inspect Creek Crossing Completed 12/3/2019 12/3/2019 inlet) $8.93 $2.20 $0.00 $0.00 $11.13 0.22 Bridge BR146
814 Bolivar
146294 Inspect Creek Crossing Completed 11/22/201911/22/2019 NPEC-214 $8.61 $2.40 $0.00 $0.00 $11.01 0.24 Bridge BR10
Taliferro(N side E of Bolivar-grate
145786 Inspect Creek Crossing Completed 11/7/2019 11/7/2019 inlet) $9.33 $2.60 $0.00 $0.00 $11.93 0.26 Bridge BR146
145784 Inspect Creek Crossing Completed 11/7/2019 11/7/2019 Bolivar @ Parkway(grate#2) $2.15 $0.60 $0.00 $0.00 $2.75 0.061 Bridge BR125
145772 Inspect Creek Crossing Completed 11/7/2019 11/7/2019 Bolivar @ Parkway(grate#1) $2.15 $0.60 $0.00 $0.00 $2.75 0.06 Bridge BR124
814 Bolivar
145742 Inspect Creek Crossing Completed 11/7/2019 11/7/2019 NPEC-214 $10.76 $3.00 $0.00 $0.00 $13.76 0.3 Bridge BR10
814 Bolivar
145194 Inspect Creek Crossing Completed 10/25/201910/25/2019 NPEC-214 $4.43 $1.40 $0.00 $0.00 $5.83 0.14 Bridge BR10
319
Taliferro IN side E of Bolivar-grate
145066 Inspect Creek Crossing Completed 10/21/2019 10/21/2019 inlet) $7.19 $2.00 $0.00 $0.00 $9.19 0.2 Bridge BR146
145064 Inspect Creek Crossing Completed 10/21/2019 10/21/2019 Bolivar @ Parkway(grate#2) $7.19 $2.00 $0.00 $0.00 $9.19 0.2 Bridge BR125
145052 Inspect Creek Crossing Completed 10/21/2019 10/21/2019 Bolivar @ Parkway(grate#1) $7.19 $2.00 $0.00 $0.00 $9.19 0.2 Bridge BR124
814 Bolivar
144973 Inspect Creek Crossing Completed 10/21/2019 10/21/2019 NPEC-214 $3.60 $1.00 $0.00 $0.00 $4.60 0.1 Bridge BR10
144692 Channel Maintenance Completed 10/7/2019 10/7/2019 814 Bolivar $542.53 $40.00 $0.00 $0.00 $582.53 13.5 welded handrail back on Non-Asset
144419 Weed Eat Completed 9/26/2019 9/26/2019 814 Bolivar $18.94 $5.00 $0.00 $0.00 $23.94 1 knocked down weeds in channel Non-Asset
814 Bolivar St see task 143938-approx 250 ft needs cleaning
143960 Clean Concrete Channels Completed 9/10/2019 12/23/2019 (Bolivar to Elm) $556.94 $217.50 $0.00 $50.00 $824.44 14.7-1 12/23/2019 Cleaned the debris out of the channel. Storm Channel C511
Inspected channel for debris&damage.
Approx 250 ft needs cleaning.
814 Bolivar St
143938 Inspect Channel Concrete Completed 9/9/2019 9/9/2019 (Bolivarto Elm) $20.29 $5.00 $0.00 $0.00 $25.29 0.5 Finish worn off Storm Channel C511
Inspected channel-Approx 300ft needs cleaning.
finish is being worn away
924 Anna
143936 Inspect Channel Concrete Completed 9/9/2019 9/9/2019 (Anna to Bolivar) $20.29 $5.00 $0.00 $0.00 $25.29 0.5 see task 139772 Storm Channel C706
814 Bolivar
143891 Clean Creek Crossing Completed 9/6/2019 9/6/2019 NPEC-214 $76.51 $47.50 $0.00 $0.00 $124.01 2 Got tree&debris out of channel Bridge BR10
143819 Inspect Creek Crossing Completed 9/5/2019 9/5/20191 Bolivar @ Parkway(grate#2) $4.31 $1.00 $0.00 $0.00 $5.31 0.12 Bridge BR125
143807 Inspect Creek Crossing Completed 9/5/2019 9/5/2019 Bolivar @ Parkway(grate#1) $4.31 $1.00 $0.00 $0.00 $5.31 0.12 Bridge BR124
814 Bolivar
143733 Inspect Creek Crossing Completed 9/5/2019 9/5/2019 NPEC-214 $3.60 $1.00 $0.00 $0.00 $4.60 0.1 Bridge BR10
814 Bolivar
1404121nspect Creek Crossing Completed 5/20/2019 5/20/2019 NPEC-214 $4.31 $1.20 $0.00 $0.00 $5.51 0.12 Bridge BR10
140308 Inspect Creek Crossing Completed 5/20/2019 5/20/2019 Bolivar @ Parkway(grate#2) $2.15 $0.60 $0.00 $0.00 $2.75 0.06 Bridge BR125
140296 Inspect Creek Crossing Completed 5/20/2019 5/20/2019 Bolivar @ Parkway(grate 41) $2.15 $0.60 $0.00 $0.00 $2.75 0.06 Bridge BR124
139506 Clean Creek Crossing Completed 1 5/3/2019 5/3/2019 814 Bolivar $47.70 $10.00 $0.00 $0.00 $57.70 1.5 cleaned debris from creek crossing Bridge BR10
138790 Clean Creek Crossing Completed 4/19/2019 4/19/2019 814 Bolivar $67.32 $19.00 $0.00 $0.00 $86.32 2 Cleaned debris from crossing Bridge BR10
135744 Clean Storm Drain Completed 12/27/2018 12/27/2018 Bolivar&Parkway $23.75 $5.00 $0.00 $0.00 $28.75 0.75 cleaned grate Non-Asset
135734 Clean Creek Crossing Completed 12/26/2018 12/26/2018 814 Bolivar $47.49 $10.00 $0.00 $0.00 $57.49 1.5 cleaned debris from creek crossing Non-Asset
133897 Inspect Manhole Completed 10/18/2018 10/18/2018 2201 Bolivar $19.33 $5.00 $0.00 $0.00 $24.33 0.5 went and rechecked pipe size-18"RCP Non-Asset
132842 Clean Storm Drain Completed 9/24/2018 9/24/2018 Bolivar&Parkway $14.09 $5.00 $0.00 $0.00 $19.09 0.5 cleaned debris from storm drain Nan-Asset
131817 Clean Creek Crossing Completed 8/13/2018 8/13/2018 814 Bolivar $24.821 $10.00 $0.00 $0.00 $34.82 1 cleaned debris out of creek crossing Non-Asset
126197 Inspect Manhole Completed 1/23/2018 1/23/2018 Taliaferro&Bolivar $11.10 $4.50 $0.00 $0.00 $15.60 0.25 found front of inlet over 3/4 blocked but inside looked in good shape Non-Asset
cleaned up dirt and leaves blocking the throat of the inlet.Took the vactron
126196 Clean Storm Drain Completed 1 1/23/2018 1/23/2018 Taliaferro&Bolivar $97.78 $38.00 $0.00 $0.00 $135.78 2.75 to Hardee Field to dump/clean it up. Non-Asset
125421 Clean Creek Crossing Completed 12/21/2017 12/21/2017 814 Bolivar $64.48 $18.001 $0.001 $0.001 $82.481 2 Cleaned creek crossing Non-Asset
123504 Channel Maintenance Completed 10/26/2017 10/26/2017 817 Bolivar $685.79 $36.001 $0.001 $20.161 $741.951 21 Repair&Paint handrails Non-Asset
118248 Clean Creek Crossing Completed 3/31/2017 3/31/2017 814 Bolivar $30.51 $9.00 $0.00 $0.00 $39.51 1 cleaned debris from crossing Non-Asset
110015 Clean Creek Crossing Completed 5/24/2016 5/24/2016 814 Bolivar $58.00 $18.00 $0.00 $0.00 $76.00 2 Cleaned.75 yd debris from crossing Non-Asset
Clean debris from crossing after rain
107723 Clean Creek Crossing Completed 2/24/2016 2/24/2016 814 Bolivar 1 $29.52 $9.00 $0.00 $0.00 $38.52 1 0.5 yd debris Non-Asset
$2,862.01 $613.84 $0.00 $70.16 $3,546.01 81.74
320
Birdseye, Stuart
From: Housewright, Noreen M.
Sent: Thursday, March 19, 2020 11:25 AM
To: Canizares, Mario; Rosendahl, Clark A.; Estes, Todd
Cc: Kremer, Daniel; Cox, Ethan; Deshmukh, Pritam
Subject: RE: united through HOPE
Attachments: Parkway Street jpg
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This building is in the floodway and as the contours show, it is approximately 3' below the 100 yr BFE. Attached is a
photo of Beck's garage nearby in the 2007 floods.
It is on the Drainage Matrix as part of the Pecan Creek Ph 4 improvements. Halff and Associates is working on a Pecan
Creek Master Plan and their preliminary information show that a 100' wide box system would be required (shallow in
this area) approximately 25Million.
First we would need to complete Pecan Creek Ph 1, 2, and 3. Phase 3 is the Quakertown section that I presented at City
Council last month.
Thank you,
Noreen
From: Canizares, Mario<Mario.Canizares@cityofdenton.com>
Sent:Thursday, March 19, 2020 10:57 AM
To: Rosendahl, Clark A. <Clark.Rosendahl@cityofdenton.com>; Estes,Todd <Todd.Estes@cityofdenton.com>;
Housewright, Noreen M. <Noreen.Housewright@cityofdenton.com>
Cc: Kremer, Daniel <Daniel.Kremer@cityofdenton.com>; Cox, Ethan <Ethan.Cox@cityofdenton.com>
Subject: FW: united through HOPE
Clark,
Can take a look at this location and let me know what happened here?The business is claiming that the channel was not
maintained.Thanks, Mario
From: Hileman,Todd
Sent:Thursday, March 19, 2020 9:59 AM
To: Canizares, Mario<Mario.Canizares@citvofdenton.com>; Estes,Todd <Todd.Estes@cityofdenton.com>
Subject: Fwd: united through HOPE
Can you please look into this and circle back ASAP
2
322
Sent from my iPhone
Begin forwarded message:
From: "Briggs, Keely G" <Keely.Briggs@cityofdenton.com>
Date: March 19, 2020 at 9:57:14 AM CDT
To: "Hileman,Todd" <Todd.Hileman@cityofdenton.com>
Subject: Fwd: united through HOPE
Didnt this happen last year?
What is the main issue?
Sent from my Verizon,Samsung Galaxy smartphone
--------Original message--------
From: Keely Briggs<briggsfordenton@gmail.com>
Date: 3/19/20 9:44 AM (GMT-06:00)
To: "Briggs, Keely G" <Keely.Briggs@citvofdenton.com>
Subject: united through HOPE
This message has originated from an External Source. Please be cautious regarding links and attachments.
"In the end, our society will be defined not only by what we create, but what we refuse to
destroy." —John Sawhill
3
323
United Through H.O.P.E. is at Servpro of South Frisco/The ••
Colony.
9 hrs Frisco, TX -(j
With a heavy heart we sadly say yes things can get worse especially
when the City of Denton refuses to maintain its drainage system. We have
asked repeatedly for them too in the 8 years we have occupied our
building in Denton.
Last night the heavy storms caused the culvert behind our Denton UTH
nited Through building to overflow because they do not maintain it and it forced massive
.0.P•E. amount of water into and around our building. Then because the City of
U,,cedThroughHope Denton has never upgraded its drainage system in the older area it
flooded the street.
ome The water rose to 3 ft in our building in the toy room and an adjoining
room. The water rose 4 ft on the street and flooded our van we use with
bout our members.
hotos 3 servepro trucks have arrived and started hauling off all our toys to clear
and sanitize them. All the flooring in both rooms is ruined and servepro
eviews tore it all up to get to the boards underneath to try and salvage the actual
foundation floor. The crawl space underneath our building has a foot of
onate standing water in it and servepro is worried if it doesn't get dried out then
ideos it will ruin our wood foundation.
The carpeting in our van is soaked and dirty. All our outdoor toys are
vents covered in mud. Everything we own outside was in the culvert, down the
osts street washed away, or knocked over. The water was so powerful it has
moved our ac unit 2ft and tomorrow Bci mechanical is coming out to see
ervices how to resecure it.
ommunity We have flood insurance but have already been told it will most likely not
meet their rules. We haven't even repaired the damage and just drying
out the building is going to cost over $8000.
It's supposed to rain hard again tonight. Pray for us to make it through
this and Covid-19.
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Council Requests for Information
Council Member Requestor Service Request Summary of Request Staff Assigned AL Departmen�� IF-11 I"l,
1 Council Member Meltzer 01/13/20 Clarification Will staff prepare a report detailing the total amounts of PM 10 and PM Banks Request will be presented during an upcoming Pending
2.5 emissions currently allowed by permit to entities in the City? Request work session
Council Member Briggs 02/03/20 Policy Would like to request council discuss a citywide public health study. Mendoza City Manager's Office Request will be presented during a future Pending
2 hftp://www.austintexas.gov/sites/default/files/files/Health/Info_to_Post/He Request work session
althReport-linked.pdt Like this
Council Member Armintor 02/09/20 Service Request (1)Can staff explore the possibility of a temporary restriction on parking Estes Capital Projects Request will be presented during an upcoming Pending
on the mailbox side of Lattimore until sidewalks can be constructed on Request work session
that side of the street? Even with the USPS door delivery option for
seniors and people with disabilities,until sidewalks can be constructed
3 the best option for general neighborhood accessibility for residents with
disabilities and senior residents might be restricting parking on one side
(indicated with paint). (2)Can someone please let me know which other
residential Denton streets besides Lattimore are lacking both sidewalks
and USPS door service (i.e.lacking both at the same time,not just one
or the other)?
4 Council Member Briggs 02/22/20 Service Request Will staff look into crosswalk concern at Montecito near White Dove? Estes Capital Projects Information will be provided in future Friday Report
5 Council Member Briggs 03/02/20 Clarification How many developments do we have left that fall under our old tree McDonald Development Services Request will be presented during a future Pending
rMM code Request work session
6 Council Member Briggs 03/03/20 Service Request Can staff follow up on the stop sign request on Ryan Road at the Jahn Capital Projects Information will be provided in future Friday Report
entrance to the Good Samaritan Village?
7 Council Member Armintor 03/03/20 Policy Would like a work session on passing an"Engine Braking Prohibited" Kuechler City Manager's Office Request will be presented during a future Pending
ordinance in Denton. ==I Request work session
8 Mayor Pro Tern Hudspeth 03/06/20 Service Request Can staff look at the school zone area on Glenwood Lane near Windsor? Jahn Capital Projects Information will be provided in future Friday Report
Mayor Pro Tern Hudspeth 03/15/20 Clarification 1.What is the projected path for loop 288? Please provide a map. Estes/Deshmukh Capital Projects Information will be provided in the March 20 Friday Report
2.When was the last time Robson Road evaluated for the speed limit? I
think it is 50 mph,due to more development of homes...the residents
9 ask if the speed limit should be reduced. Your thoughts?
3.What is the timing&path of Gibbs Road(from Argyle to Robson
Ranch Rd.)?
4.Is the dip on West Oak just West of N.Welch St there on purpose or
did the street settle?
10 Council Member Briggs 03/17/20 Service Request Can staff check on the bump on windsor near Woodrow Wilson? Kremer Public Works Information will be provided in the March 20 Friday Report
11 Council Member Briggs 03/18/20 Service Request Can staff check on Cooper Creek drainage concerns? Kremer Public Works Information will be provided in the March 20 Friday Report
12 Council Member Armintor 03/19/20 Service Request Can staff check on the dangerous tree on corner in front of apt bldgs at Watts DME Information will be provided in the March 20 Friday Report
Schmitz and Vine?
13 Mayor Watts 03/18/20 Service Request Can staff reach out to resident whose property has been disturbed due Estes Capital Projects Information will be provided in future Friday Report
to the North-South Water Line project?
14 Council Member Armintor 03/20/20 Service Request Can something be done about the flooding situation at United Through Canizares CMO Information will be provided in future Friday Report
Hope?
330
COVID-19 Council Questions and Recommendations
COVID-19 Council Questions and Recommendations
Row ID Date Requestor Request Cornpl Date Response How Response Provided
e• Provided
CV19-001 03/20/20 Council Member Armintor Of the people who are in the city jail now,how many are there,what offenses are they in for, 3/20 Friday Report
and on what dates were they brought in?and is there anyone in the city jail who is being held
1 there longer then normal because of how everything else has shut down including the courts?
Since the jail is so small can we please just let all nonviolent offenders go and them shut it
down for the duration of the emergency period?That would prevent staff from further exposure
as well.Also,can you find out how many people are currently in the county jail and juvy?
CV19-002 03/19/20 Council Member Briggs If the governor has shut down gatherings of 10 or more,does that apply to the contractors U
around the state?Though they've been working a but less due to rain and mud,the contractors
working on the high school near our neighborhood have still been working
CV19-003 03/19/20 Council Member Armintor any word on this for people who might want to volunteer for emergency health services?:
https:Hmrc.dentoncounty.gov/Default.aspx?fbclid=IwAR09kwaUOdQLM RyaE8c5ldt8OzbQTgZc
s Jm s q s
CV19-004 03/19/20 Council Member Meltzer I think our restaurants could use a clear recommendation on how to do curbside delivery so El 3/20 Friday Report
4 customer and server don't come within six feet of each other.Example:We leave it on a bench
outside with your name on it.You pick it up.
CV19-005 03/18/20 Council Member Meltzer 1 Can we step outside of normal and post a directory of bars and restaurants that now have 03/20/20 FAQs
5 drive through,delivery and take out?Maybe better—encourage the Chamber to do it—and we
post a link to that?2 Ask Peterbuilt if they would share how they're introducing the
recommended social distancing onto the work floor?
CV19-006 03/12/20 Council Member Briggs In the event of local quarantines,which city staff are key personnel and should maintain O 03/13/20 Email from City Manager
6 services and which departments will close.Which departments can be maintained via online
only activities?
CV19-007 03/12/20 Council Member Briggs How are we working with Denton ISD to ensure safety for our school age Q 03/16/20 FAQs
7 children/teachers/school employees and can we solicit help from parents?What tools for
communications can we use that will reach the most people?Prepare to be consistent and
thoughtful to those with accessibility/language barriers also.
8 CV19-008 03/12/20 Council Member Briggs What policies/procedures are in place to manage resources in case of local/state/national O 03/16/20 FAQs
closures or quarantines?
CV19-009 03/12/20 Council Member Briggs What precautions are being taken in Denton's schools and other public institutions to forestall O 03/16/20 FAQs
9 COVID-19 spread?Where can we learn about Denton public health efforts to prevent,detect,
and communicate with care facilities and Denton's elderly and vulnerable populations?
10 CV19-010 03/12/20 Council Member Briggs What services/resources will be available to get meals,medications,etc to the elderly and/or
disabled in the event caretakers are not able to go to them?
11 CV19-011 03/12/20 Council Member Briggs 4 Where can we learn about Denton public health efforts to prevent,detect,and communicate 03/16/20 FAQs
with care facilities and Denton's elderly and vulnerable populations?
CV19-012 03/12/20 Council Member Briggs Joint meeting with Council,County,DISD,TWU,UNT,Chamber.As a city of over 130k we are O 03/13/20 Email from City Manager
12 responsible for their health and safety. I understand we do not have a public health official but
we should be coordinating and sharing more information.
CV19-013 03/18/20 Council Member Armintor Our Daily Bread needs tables,lunchroom type tables.They are working with the church to
13 move into the gym as well as fellowship hall to limit#of people to 50 in one space and observe
social distancing guidelines.To do this they'll need additional tables.
14 CV19-014 03/12/20 Mayor Pro Tern Hudspeth What is the City's stance on utility shutoffs,evictions,and foreclosures? Q 03/12/20 Email from City Manager
15 CV19-015 03/20/20 Council Member Briggs Does staff have any recommendations for space that the Aid Network of Denton County can
use?
16 CV19-016 03/20/20 Council Member Armintor Can the Council Meetings be broadcast on the radio? 3/20 Friday Report
331
Page 1 of 1
March 2020
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
1 2 3 4 5 6 7
11:30 am Council 12:00pm CC Work 2:30pm Agenda 8:30DEX
Luncheon Session Committee 4:00 Public Art Committee
Cancelled-COE 1:30 6:30 pm CC Regular 5:00pmP&ZWorkSession
Traffic Safety Session 6:30pmP&Z Regular Session
Commission 5:30 pm
8 9 10 11 12 13 14
PUB 9am No Council Meeting -gilled-11:00EDPB HSAB 1lam
Cancelled-Mobility Cancelled - 2:30pm
Library Board 5:30pm Committee Meeting Agenda Committee
9:00 am 5:30 Airport Advisory Board
15 16 17 18 19 20 21
HLC 5:30pm 10:30 am Audit Finance EDPB llam 6:00pmCommittee on Community
1:00 pm CC Work Persons With Disabilities Development Advisory
Se ssio n 4:00pm P&Z Work Session 12:30pm
6:30 pm CC Regular 6:30pmP&ZRegularSession
Se ssio n
23 24 25 26 27 28
CANCELLED -PUB CANCEum-10am CANC'ELIED42:00T1FBoard
9am C o unc R Airp o rt (TIRZ)
Committe e CANCELLED-
CANCELLED-2:00 pm 2:30pm Agenda
4th Tuesday Session Committee
29 30 131
ZBA 5:30pm 2:00pm SpecialCalled
Council Meeting
332
April 2020
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
1 2 3 4
2:30pm Agenda 8:30DEDC
Committee 4:00 Public Art Committee
5 6 7 8 9 10 11
11:30 am Council 2:00 pm CC Work 11:00EDPB HOT&S 1:00
Luncheon Session 2:30pm Agenda
6:30 pm CC Regular Committee
COE 1:30 Session 5:00pra P&Z Work Session
Traffic Safety 5:30 Airport Advisory Board
Commission 5:30 pm 6:30pmP&ZRegularSession
12 13 14 15 16 17 18
PUB 9am 2:00 pm 2nd Tuesday 2:30pm Agenda 6:00pmCommittee on
Session Committee Persons with Dis abilities
Mobility Committee HABSCO 4pm
Meeting 9:00 am
19 20 21 22 23 24 25
2:00 pm CC Work 2:30pm Agenda
Se ssion Committee
6:30 pm CC Regular S:00pmP&ZWorkSession
Se ss io n 6:30pm P&Z Regular Session
26 27 28 29 130
PUB 9am 10am CouncilAiport 2:30pm Agenda 5:30PM Board of
ZBA 5:30pm Committee Committee Ethics
2:00 pm 4th Tuesday
Session
333
May 2020
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
1 2
3 4 5 6 7 8 9
PUB gam 2:00 pm CC Work 2:30pm Agenda 8s0DEDC
11:30 am Council Session Committee 4:00 Public Art Committee
luncheon 6:30 pm CC Regular 5:00pmP&ZWorkSession
COE 1:30 Session 6:30pm P&ZRegular Session
Traffic Safety
Commission 5:30 pm
10 11 12 13 14 15 16
4:00 pm CC Election 11:00IDPB
Reception/ Meeting 5:30 Airport Advisory Board
Mobility Committee
Meeting 9:00 am
17 18 19 20 21 22 23
PUB 9am 2:00 pm CC Work 2:30pm Agenda 6:00pmCommittee on
ZBA5:30pm Session Committee Persons Aithasabilities
6:30 pm CC Regular 5:00pmP&ZWorkSession HABSCO 4pm
Session 6:30pm P&Z Regular Session
24 25 26 27 ' 28 29 30
Memorial Day 10am CouncilAiport 12:00 TY Board(TIR4 5:30PM Board of
Holiday Committee Ethics
No CounciiMeeting 2:30pm Agenda
Committee
31
334
FUTURE WORK SESSION ITEMS MATRIX
As of March 20,2020
Meeting Date Currently Slated Work Session Items
24-Mar CANCELLED
Drinking Water Risk and Public Safety Substation
3/31/2020 COVID-19 Update Resiliency Assessment &Firing Range
Special Called 20-733 20-510 20-697
6-Apr Lunch
@ 11:30 a.m. CIP Update
TIF Grants for Lang Partners Update
7-Apr Accessibility 20-313
Denton Development
Gibbons Creek(TMPA) Code Amendments
14-Apr 20-615 DCA20-0001
2020 Mobility Plan Review of Council
Drop-off Recycling SB.2 Budget Implications Update' Requests Apr 21
21-Apr Green Tree Estates Center 20-582 20-245 20-176
Review of Council
Requests Apr 28
28-Apr DTV Public Meetings 20-177
4-May Lunch
@ 11:30 a.m.
Internal Audit/Capital Internal Audit/Capital
Proj.Admin.-Planning& Proj.Admin.-Property Review of Council
EV Charger Upgrade Design Acquisition 2019-20 Audit Plan Requests May 05
5-May 20-732 20-729 20-730 20-731 20-458
ELECTIONS MEETING ONLY-TBD
12-May
Credit Collections Review of Council
Update Requests May 19
19-May 20-315 20-459
26-May No meeting;Day after Memoral Day Holiday
' Accessory Dwelling Doorbell Monitoring Review of Council
GJ
Units,and Screening Technology Construction Code Requests June 02
DCA19-0011 Delegated Authority 19-2959 Stormwater Master Plan Review(TBD) 20-671
C
f6
d Cal Ethics Ordinance Review of Council
Group Home Code Purchasing Manual Right of Way Ordinance Changes Requests June 09
Amendment Public Art Update Follow-up TBD 20-672
M
to Q
� Denton Development Review of Council
Y
Municipal Broadband Code Amendments Urban Forest Master Plan Sustainability Plan Requests June 16
G 20-556 (Cont'd) 20-426 20-521 Plugged Gas Wells 20-673
Review of Council
Library Master Plan Requests June 23
20-526 20-674
Work Session Requests Community Public Art Veteran Source of
Determined by Council- and Community Tree Ethics Ordinance Small Cell Lawsuit Income Housing
Date TBD Grants Revision Participation Tree Ordinance Review Discrimination Ordinance
335
Street Closure Report IMPROVING l I
4F Upcoming Closures
DENTON Week of March 23,2020-March 29,2020
Street/intersection Fromoff Closure Closure Description Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contact
135E northbound service 500 ft west Wastewater Improvements
road located of Bonnie TBD TBD (Temporary Lane Closures) Wastewater (940)349-8909
Brae
Robson East Side of 35W TBD TBD Wastewater Main Install Wastewater (940)349-8909
RR (Temporary Lane Closure)
Rockwood Ln. Royal Mistywood TBD TBD bundle Engineering this will be part of bundle Door Hangers
Drainage and Roadway
Roselawn Dr. Bonnie Brae Kansas City TBD TBD Construction Engineering Part of Bonnie Brae Ph.1 (940)349-8910
Southern RR Bonnie Brae Phase 1 Capital Project
(One Lane traffic control)
Royal Ln. Royal Rockwood TBD TBD bundle Engineering this will be part of bundle
Thomas St. Panhandle Oak TBD TBD Streets Construction Capital Projects Part of 2019 Street (940)349-7104
Bundle
Total 4
Upcoming Closures
336
Street Closure Report F)FN1—TikC)N1l
IMPROVING
7�ofr�TT/-��T Current Closures
lJ G 1�I 1 O �I Week of March 23,2020-March 29,2020
Street/Intersection To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date I Info/Notes Meeting Communication Contact
Concrete Street Panel Repair.
The process starts with
3309 Forest Ridge Rolling Hills El Paseo 03/02/20 04/10/20 Barricading the failed sections Streets Changed per email from N/A (940)349-7146
of concrete pavement,remove Rogelio San Miguel
the pavement,and install new
concrete.
Concrete Street Panel and
Sidewalk Repair.The process
starts with Barricading the Project on hold-Per
Bent Oaks Teasley Cul V Sac 02/24/20 03/17/20 failed sections of concrete Streets email from Rogelio (940)349-7146
pavement,remove the San Miguel
pavement,and install new
concrete.
Concrete Sidewalk Repair.The
process starts with Barricading
Broken Arrow Dunes Old Orchard 03/09/20 04/03/20 the failed sections of concrete Streets N/A (940)349-7146
sidewalk,remove,and install
new concrete.
Woodland Wastewater collections will be Project on hold due to
DIUM] Roberts St St 02/10/20 03/17/20 installing a new wastewater Wastewater COVID-19 N/A (940)349-8909
main line and services
Woodland Northwood Wastewater collections will be Project on hold due to
Cherrywood Ln St Tr 02/10/20 03/17/20 installing a new wastewater Wastewater COVID-19 N/A (940)349-8909
main line and services
3201 Private Development:Drainage, Public Works
Colorado Blvd Brinker Rd Colorado 02/17/20 04/13/20 Water,Sanitary Sewer,and Inspections, NextDoor,Direct (940)205-9230
Blvd Pavement for Fire Station#8 Private business contact
Development
Concrete Curb and Sidewalk
Broken Repair.The process starts with Changed per email from
Dunes St Arrow Old Orchard 03/02/20 04/03/20 Barricading the failed sections Streets Rogelio San Miguel N/A (940)349-7146
of concrete and,remove,and
install new concrete.
Current Closures
337
Street/Intersection From To Closure Closure Description Department Upcomin Public Other Department
Start Date End Date Info/Notes Meeting Communication Contact
Part of Downtown TIF
Sidewalk&Lighting CIP-
Temporary lane and
shoulder closures due to
Elm St. Oak Parkway 09/23/19 03/28/20 Sidewalk Improvements Engineering sidewalk reconstruction. (940)349-8425
Schedule delayed due to
significant weather
impacts and traffic signal
relocations at McKinney.
Various daytime lane
closures with flaggers
between 1/27/20 and
City of 2/21/20 for pothole
FM 2181 Denton/Cori Lillian Miller 11/18/19 TBD Street Widening TxDOT repair.Ranchman Blvd (940)349-8425
nth City closed starting 2/3/20
limits and remain closed for
approximately 3 weeks
for TXDOT water line
installation.
Wastewater main
replacement.
Projects extents,Emerson
from Emerson Circle to
Foxcroft. Project on hold due to
Foxcroft Emerson Emerson 01/30/20 03/17/20 Emerson Circle from Emerson Wastewater COVID-19 N/A (940)349-8909
to End
Foxcroft from Emerson to
Northcrest
Foxcroft from Old North to
Emerson
Water Distribution will be Project on hold due to
Foxcroft Cir Emerson Ln Emerson Ln 03/09/20 03/17/20 replacing the water main and Water COVID-19 N/A (940)349-7278
water services.
Ft.Worth Dr.(US 377) IH 35E Mission St 10/17/19 11/27/20 Infrastructure Safety Upgrades TxDOT (940)349-8938
(temporary closures)
0.26 mi Street Widening
Ft.Worth Dr.(US 377) IH 35E south of FM 12/03/18 12/12/20 (Temporary Lane Closures TxDOT 10/08/19 (940)387-1414
1830 during non-peak traffic)
Intersection back of Intermittent closures of this NextDoor,Email
Hidden Meadows Trail with Vintage Vintage blvd 03/16/20 04/17/20 intersection for construction Engineering (940)349-8938
Blvd right of way activities Notification
Current Closures
338
Street/Intersection From To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date Info/Notes ft Meeting Communication Contact
Significant delays in
placing base pavement
due to weather.
Pavement placed 3/11
and 3/12 on Hinkle.Rain
Street and Drainage on the afternoon of 3/12
Hinkle Dr. Headlee Windsor 07/03/19 03/28/20 Improvements Magnolia Engineering and continuing through (940)349-8910
Drainage Ph.II 3/19 has delayed
(Street Closure) completion of road
surface.New anticipated
finish date of Hinkle and
opening to through
traffic pushed back 1
week to 3/28/20
Water Distribution will be
Longridge Tennyson Project on hold due to
Hollyhill Ln Dr Tri 03/06/20 03/17/20 replacing the water main and Water COVID-19 N/A (940)349-7278
water services.
Road closure is expected to
start 3/6/20 depending on
weather conditions.Notices will
be released the week before
John Paine closure. John Paine Road will
Southwest Road at be closed as needed. Project
John Paine Road Pump John Paine 01/06/20 05/31/20 includes installation of water Water NextDoor (940)349-8925
Station Road near main along Old John Paine and
IH 35W Allred Road between the
Southwest Pump Station on
John Paine Road near
Parkplace Dr.on and South
Bonnie Brae St.
Road closure is for the
installation of new water main
John Paine Just west of along Old John Paine Rd.and
Johnson Lane Road first 01/06/20 05/31/20 Allred Rd.between the Water NextDoor (940)349-8925
driveway Southwest Pump Station on
John Paine Rd.near Parkplace
Dr.and South Bonnie Brae St.
Atmos Energy is relocating/ Direct business contact,
Daughtery replacing existing gas mains Atmos Energy to
Street,at S and services for upcoming distribute door hangers,
Construction delays,
Johnson Street;Smith Street Dallas Drive Locust 03/09/20 04/24/20 reconstruction of Smith Street; Atmos closure scheduled out place sign boards,and (940)268-7285
Street including gas main crossing one month notify residents in
Johnson Street at Smith Street. person
Kerley Street Duncan Shady Oaks 02/05/20 07/10/20 Street Reconstruction Streets (940)349-7146
Street Drive
Storm drain improvements as
Locust St. Warren Ct. Sycamore 03/09/20 04/06/20 part of Pec-4 Ph 1&2 Engineering Direct business contact (940)349-8938
St. Project. West side lane
closure.
Part of Downtown TIF
Locust St. Oak McKinney 03/28/20 05/15/20 Sidewalk Improvements Engineering Sidewalk&Lighting CIP. (940)349-8910
Schedule delayed due to
weather
Current Closures
339
Street/Intersection J From To Closure Closure Descriptio Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contact i
Sewer main improvements,as
Locust St. Highland St Eagle Dr 03/09/20 04/27/20 part of Pec-4 Ph 1&2 Engineering Direct business contact (940)349-8938
Project. West side lane closure.
Closed Long Rd.from
Sherman/42 Natatorium Sherman/428 to entrance of Water,Waste NextDoor,Direct
Long Rd 8 Entrance 03/09/20 03/27/20 Natatorium to install a water Water business contact (940)391-6299
connection and sewer
connection in Long Rd.
This project is to install a drive
225 west of approach at the Golden Triangle Engineering,
Loop 288 Colorado Colorado 03/16/20 05/15/20 Mall as part of the Colorado Floyd Smith Direct business contact (940)349-7104
blvd Blvd and Loop 288 intersection Concrete
improvements.
We will be reconstructing Direct business contact,
Masch Branch U S 380 Jim Crystal 02/17/20 04/27/20 Masch Branch from 380 to Jim Streets Door hangers (940)349-7146
Crystal.
3/18/20-Project
Walkthrus are underway
and lanes will continue
to be closed as needed
to facilitate final work.
2/27/20-Expect
continued lane closures
as project work is
winding down.
2/13/20-Traffic switch
completed on Thursday
2/13/30 moving
remaining northbound
traffic(north of
US 380(E. Street Widening(Temporary Engineering, McKinney)to the
Mayhill Rd. University Edwards Rd. 09/01/17 03/31/20 Lane Closures) Traffic,TxDOT, ultimate northbound Door Hangers (940)349-8925
Dr.) CIP lanes.Lane closures are
still to be expected for
both Northbound and
Southbound travel for
length of project,but
there will always be one
lane open in each
direction. There maybe
intermittent 5-10 minute
road closures at
southern most end of
project for of concrete
barrier work. Dates and
times are unknown at
this time.
Intersection back of Intermittent closures of this
Email
Mockernut Rd. with Vintage Vintage 03/16/20 04/17/20 intersection for construction Engineering NextDoor, (940)349-8938
Blvd. Blvd.right of activities. Notification
way
Current Closures
340
Street/Intersection Mfrom To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contact a
Public Works
N.Bell Ave Texas College 02/28/20 04/10/20 Building out west side of Inspections, NextDoor (940)205-9230
building Private
Development
Oak St.at Fry St.Signal Intersection Fry 11/04/19 04/10/20 Signal Construction(Intermittent Traffic (940)349-7486
of Lane Closures)
Water and Wastewater Main
Prairie St. Elm St. Pierce St. 11/04/19 03/27/20 improvements,as part of Pec-4 Engineering Updated per Pamela (940)349-8938
Ph 1&2 Project. Prairie St.will Alummoottil's directive
be closed to thru traffic.
Storm drain improvements,as
Prairie St. Locust St. Elm St. 03/23/20 06/19/20 part of Pec-4 Ph 1&2 Engineering Direct business contact (940)349-8938
Project. Street closed to thru
traffic.
Concrete Street Panel Repair.
At roundabout Circle.The
Quail Creek Berry Down process starts with Barricading
Quail Creek Dr. Dr. Ln. 03/16/20 04/03/20 the failed sections of concrete Streets N/A (940)349-7146
pavement,remove the
pavement,and install new
concrete.
Cher Wastewater collections will be Project on hold due to
Roberts St Bell Ave Ln rywood 02/10/20 03/17/20 installing a new wastewater Wastewater COVID-19 N/A (940)349-8909
main line and services.
Willowwood Highland Water transmission main Changed per email from Door hangers delivered
S.Bonnie Brae St. St. Park Rd. 01/28/20 04/03/20 installation. Street will be Engineering Robin Davis to local residents on (940)349-7112
closed to thru traffic. 1/29/20.
Water main improvements Direct business contact,
S.Elm St. Prairie St. Eagle 03/16/20 04/27/20 along Elm St.as part of the Pec- Engineering West side lane closure. Door hangers (940)349-8938
4 Ph 1&2 Project.
S.Locust St. Warren Ct. Highland St. 12/16/19 04/03/20 Drainage Improvements as part Engineering West side lane closure Direct business contact, (940)349-8938
of the Pec-4 Ph 1&2 Project. Door hangers
The 2019 Street Reconstruction
project consists of the
reconstruction of roadways
listed above.This
Thomas reconstruction shall include new NextDoor,Email
Scripture Street Street Malone 03/16/20 06/30/20 curb and gutter,ADA compliant Engineering Notification (940)349-7426
ramps in sidewalks,asphalt or
concrete roadways as well as
upgraded drainage,water and
wastewater facilities
intersection back of Intermittent closure of the NextDoor,Email
Shagbark Dr with Vintage Vintage Blvd 03/16/20 04/17/20 intersection for construction Engineering (940)349-8938
Blvd right of way activities. Notification
Current Closures
341
Street/Intersection From To Closure Closure Descriptio Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contact
The 2019 Street Reconstruction
project consists of the
reconstruction of roadways
listed above.This NextDoor,Email
Thomas Street W.Oak Panhandle 03/16/20 06/01/20 reconstruction shall include new Engineering Notification,Direct (940)349-7426
curb and gutter,ADA compliant
ramps in sidewalks,asphalt or business contact
concrete roadways as well as
upgraded drainage,water and
wastewater facilities
3/18/20-Project
Walkthrus are underway
and lanes will continue
to be closed as needed
to facilitate final work.
2/27/20-Expect
1200'East of 1200'West Engineering, continued lane closures
US 380(E.University Dr.) N.Mayhill of E.Mayhill 11/01/19 04/30/20 Signal Upgrade and Installation Traffic,TxDOT, as project work is Additional outreach not (940)349-8925
Rd. Rd. CIP winding down.Outside needed
lanes of US 380 may
need to be closed,as
needed,at the
intersection of Mayhill
Rd.for intermittent work
until project is
completed.
This project is a sidewalk
installation project on the south
side of W Parkway from Locust
to Elm.It is part of our 2018 Engineering,
Sidewalk Program that will Public Works
Locust improve pedestrian access and Direct business contact,
W Parkway Street Street N Elm Street 03/16/20 04/17/20 upgrade ADA infrastructure. Inspections, Door hangers (940)349-7104
The local businesses in this are Floyd Smith
will be notified by door hanger Concrete
and personal visits by staff to
ensure all necessary concerns
are addressed.
Warren Ct. Wainwright Locust St. 12/16/19 06/05/20 Drainage Improvements as part Engineering Closed to thru traffic Direct business contact, (940)349-8938
St. of Pec-4 Ph 1&2 Project door hangers
Windsor expected to be open
from Parkside to Riney Road Streets,
Parkside Mesquite 3/28/20 along with all of Hinkle. NextDoor,Email
West Windsor Drive Drive Street 11/11/19 04/04/20 Closure from Riney to Mesquite Drainage,Water, Notification (940)349-8425
Waste Water
expected to stay until 4/4/20 due
to significant weather delays.
Cherrywood Wastewater collections will be Project on hold due to
Woodland St Brown Dr Ln 02/10/20 03/17/20 installing a new wastewater Wastewater COVID-19 NIA (940)349-8909
main line and services
Total 45
Current Closures
342
Street/Intersection From To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contact
Current Closures
343
Street Closure Report IMPROVING
Completed Closures
DENTON Week of March 23,2020-March 29,2020 \
Street/intersection From To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contact
4.Concrete Street repair.The
process starts with barricading
University Jim Christal the failed sections of pavement,
950 March Branch Rd. Dr. Rd. 02/17/20 02/25/20 remove the pavement and Streets N/A (940)349-7146
subgrade,and install new
concrete pavement.
TxDOT will have the section
Acme US377 Bernard 01/27/20 02/22/20 closed at US377 only for paving TxDOT (940)349-8938
and drainage work.Dates
extended due to weather delays.
Water Distribution will be
replacing the water main,all fire We will be distributing
Ave B Underwood Eagle 01/08/20 03/05/20 hydrants,and all water services Water flyers to affected (940)349-7332
on Ave B from Underwood to customers.
Eagle
Concrete Street panel and
Sidewalk repair. The process
County Club starts with barricading the failed
Beechwood Rd Wintercreek 12/09/19 02/28/20 sections of concrete pavement, Streets Door Hangers (940)349-7146
remove the pavement and
subgrade,and install new
concrete pavement
Public Works
Bell Ave. Texas College 02/10/20 04/27/20 Building out East side of Inspections, Rescheduling street NextDoor (940)205-9230
building Private closure for later date
Development
Concrete Street panel and
Sidewalk repair. The process
Spring starts with barricading the failed
Bent Creek Kappwood Creek 01/06/20 03/13/20 sections of concrete pavement, Streets N/A (940)349-7146
remove the pavement and
subgrade,and install new
concrete pavement.
Carriage Square:
Collier St Eagle Dr N.Interstate 02/10/20 03/06/20 Public Works Door Fliers (940)205-9230
35 Building out West side of Inspections
Parking Garage(Private)
Public Works
Eagle Dr Ave.C Kendolph 03/02/20 03/08/20 Fire Hydrant Relocation Inspections, NextDoor (940)205-9230
Private
Development
Completed Closures
344
Street/Intersection From To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contacm
Fry Oak Hickory 02/08/20 03/02/20 Signal reconstruction Traffic This full closure will no Direct business contact (940)349-7486
longer be needed
Fry Scripture Oak 11/04/19 02/28/20 Traffic Signal Improvements Traffic Direct business contact (940)349-7486
Concrete Street Panel and
Sidewalk Repair.The process
Haven Way Brookside Park Place 02/24/20 03/27/20 starts with Barricading the failed Streets N/A (940)349-7146
sections of concrete pavement,
remove the pavement,and
install new concrete.
Installation of new storm PM will contact McNair
Montecito Rushing drainage line. Flaggers will
Hickory Creek Rd. Dr. Springs Dr. 02/25/20 02/28/20 direct traffic,in one direction at Engineering Elementary Principal (940)349-7112
again on 2/7/20.
a time.
From 1/13/20 to 3/8/20,
City's Contractor will be
clearing trees and
vegetation along the
south side of Hickory
Creek Rd.,from the
west property line of
McNair Elementary
School to the Riverpass
Dr.intersection. This
Hickory Creek Rd. Teasley Riverpass TBD TBD Street Widening Engineering will not involve any lane Phone call to McNair (940)349-7112
(Temporary Lane Closures) closures,but Elementary Principal
construction zone
signage will be put up to
warn motorists. Atmos
still needs to relocate
their facilities east of the
Montecito intersection
before our Contractor
can fully deploy to the
project.
Installing Valley Gutter across
Industrial at the intersection of
Sycamore. The process starts
Industrial Sycamore Bell 03/09/20 03/27/20 with barricading then remove Streets N/A (940)349-7146
pavement and subgrade,and
install new concrete Valley
Gutter.
Completed Closures
345
Street/Intersection From To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date ) Info/Notes Meeting Communications Contact
Atmos Energy to notify
Sycamore Atmos,Public apartment complex's in
IOOF Street Eagle Drive Street 01/06/20 03/17/20 Closer no longer needed. Works area at least three (940)205-8278
Inspections business days in
advance.
Concrete Street Panel and
Sidewalk Repair.At intersection
of Haven way. The process
Lakeway Marble Falls Still House 02/17/20 03/06/20 starts with Barricading the failed Streets N/A (940)349-7146
sections of concrete pavement,
remove the pavement,and
install new concrete.
East side lane closure.
Locust St. Hickory St. Mulberry St. 02/17/20 02/25/20 Associated with the Pec-4 Ph 1 Engineering Direct business contact (940)349-7112
and 2 Capital Improvements
Project.
Installing Valley Gutter across
Long Fellow at the intersection
Longfellow/Brightwood of Brightwood Terrace.The
Terr. Emerson Windsor 02/17/20 03/06/20 process starts with barricading Streets N/A (940)349-7146
then remove the pavement and
subgrade,and install new
concrete Valley Gutter
Water Line improvements,as
Maple St. Elm St. Myrtle St. 02/24/20 03/06/20 part of Pec-4 Ph 1&2 Engineering Direct business contact (940)349-7112
Project. Alternating lane
closures.
Water Main,Services,and Fire
Mistywood Ln. Woodhaven Jamestown 10/07/19 03/06/20 Hydrant Replacements Water Part of Mistywood Water (940)349-7181
(Temporary Lane Closure, Project
Reopen at 6 pm daily)
Installation of new storm City PM will contact
Montecito Dr. Hickory Buena Vista TBD TBD drainage line. Full street Engineering McNair Elementary (940)349-7112
Creek Rd. Dr. closure. Principal again on
2/7/20.
Oak at Jagoe St.Signal Intersection Jagoe 09/09/19 02/28/20 Signal Construction(Intermittent Traffic Updated per Pamela (940)949-7486
of Lane Closures) Alummoottil's directive
Water Main,Services,and Fire
Rockwood Ln. Royal Mistywood 10/07/19 03/06/20 Hydrant Replacements Water Part of Mistywood Water (940)349-7181
(Temporary Lane Closure, Project
Reopen at 6 pm daily)
Water Main,Services,and Fire
Royal Ln. Mistywood Rockwood 10/07/19 03/06/20 Hydrant Replacements Water Part of Mistywood Water (940)349-7181
(Temporary Lane Closure, Project
Reopen at 6 pm daily)
Completed Closures
346
Street/Intersection From To Closure Closure Description Department Upcoming Public Other Department
Start Date End Date Info/Notes Meeting Communication Contacts
Installation of new storm
Hickory Marble Cove TBD TBD drainage line. Intersection
Rushing Springs Dr. Creek Rd. Ln. closure. Traffic will be detoured Engineering N/A (940)349-7112
to Serenity Way.
Wastewater main installation as Direct business contact,
S.Locust St. Prairie St. Mulberry St. 01/09/20 02/29/20 part of the Pec-4 Ph 1&2 Engineering West lane closure. door hangers. (940)349-7112
Project.
Concrete Sidewalk Repair.
Hidden Repairing failed sections of
Stone Crop Woodbine Meadow 02/17/20 03/06/20 sidewalk,barricade and Streets N/A (940)349-7146
remove and install new
sidewalk.
Curb And Gutter Repair.
Repairing Broken Curbs and
Union Circle Welch Welch 03/09/20 03/20/20 Drive Approaches,barricade Streets N/A (940)349-7146
and remove and install new
Concrete Curbs.
Hidden Union Pacific Railroad will be
Vintage US377 Meadows 02/17/20 02/24/20 replacing the crossing at Engineering N/A (940)349-8938
Trail Vintage Blvd and US377.
Water Distribution will be
W Oak St Cedar Bolivar 02/24/20 02/24/20 replacing a water service going Water Direct business contact (940)349-7332
to 221 W Oak
Total 30
Completed Closures
347