101323 Friday Staff Report
City Manager’s Office 215 E. McKinney St., Denton, TX 76201 (940) 349-8307
OUR CORE VALUES Inclusion Collaboration Quality Service Strategic Focus Fiscal Responsibility
MEMORANDUM
DATE: October 13, 2023
TO: The Honorable Mayor Hudspeth and Council Members
FROM: Sara Hensley, City Manager
SUBJECT: Friday Staff Report
Upcoming Meetings
A. Cancelled - Traffic Safety Commission on Monday, October 16, 2023, at 5:30 p.m. in the City Council Work Session Room.
B. Cancelled - Planning and Zoning Commission on Tuesday, October 17, 2023, at 11:00
p.m. in the City Council Work Session Room & Council Chambers.
C. Work Session of the City Council on Tuesday, October 17, 2023, at 3:00 p.m. in the
City Council Work Session Room followed by a Regular Meeting at 6:30 p.m. in the Council Chambers. Please check the City of Denton website for final meeting dates and times, as information is subject
to change after the Friday Report is published.
General Information & Status Updates
A. Pending Council Requests Work Session Topics – Pursuant to Ordinance No. 23-1431, the
following items will be discussed during the Oct. 17 Council Work Session: 1) Request for a resolution to send to the Denton County Commissioners Court encouraging the placement of voting centers in the City of Denton and throughout the entire county.
2) Request for a Work Session on the pros, cons, and options regarding requiring working
air conditioning in rentals and prohibiting HOAs from disallowing air conditioners. Staff contact: Monica Benavides, City Manager’s Office B. Parks and Recreation Department Accreditation – On Monday, Oct. 10, the City of Denton
officially received confirmation of its accreditation from the Commission for Accreditation
of Parks and Recreation Agencies (CAPRA), the industry standard accreditation agency for Parks and Recreation departments in the United States. This official confirmation occurred at the annual National Parks and Recreation Association (NRPA) conference that took place in Dallas. CAPRA accreditation recognizes only those Parks and Recreation
Departments that have proven their commitment to industry best-practices and have
subjected their operations to a thorough review by CAPRA officials. Accreditation focuses on achieving 154 standards across ten core areas of focus that represent the entire gamut of a successful Parks and Recreation operation. Staff contact: Caroline Seward, Parks and Recreation
C. NATOA Awards – The City of Denton and DTV received runner-up recognition in four categories and honorable mention in two others for the National Association of Telecommunications Officers and Advisors (NATOA) Government Programming Awards. These annual awards recognize excellence in broadcast, cable, multimedia and
electronic programming produced by local government agencies from across the United
States. The four categories in which the City of Denton received the Award of Distinction are: Public Affairs - Denton: State of the City, Library - Summer Reading Challenge, Animal Services – Animal Shelter Thanksgiving, and Profile of a City/County Dept. or Employee – Employee Spotlight – Jeremiah Tillman-David. The two Award of Honor
recognitions are for: Instruction/Training - We Otter Talk About It and Seniors - Senior
Center Ceramics. The winners were announced at the NATOA Government Programming Awards conference on Thursday, Oct. 5, 2023, in Long Beach, California. Staff contact: Billy Matthews, Marketing and Communications
D. Fair Chance Hiring Public Feedback – On June 27, 2023, the City Council postponed
consideration of a draft Fair Chance Hiring ordinance so that a period of public feedback could be submitted to the City. The City is now accepting public feedback through mid-November. The public may provide feedback on the draft ordinance in one of two ways. The first way is through the Discuss Denton platform online. An ordinance summary, the draft ordinance, FAQs, and online feedback opportunities are available on the Discuss
Denton project page. The City will also host live feedback sessions, both in person and virtual, during this time. Sessions hosted by the Denton Chamber of Commerce:
• In-Person Feedback Sessions:
o Tuesday, October 24, 2023, at 4:00 PM at the Development Services Center
(401 N. Elm St.)
o Wednesday, Nov. 1, 2023, at 6:00 PM at the Development Services Center (401 N. Elm St.)
2
o Wednesday, November 8, 2023, at 4:00 PM at the Development Services Center (401 N. Elm St.)
• Virtual Community Meetings:
o Thursday, November 2, 2023, at 4:00 PM
o Wednesday, November 15, 2023, at 6:00 PM
Individuals can register to attend virtual community meetings on the City of Denton
website. The feedback sessions will be promoted to local businesses, service providers, and through City social media. The draft ordinance is scheduled to be considered by the Council in January 2024. Staff contact: Ryan Adams, City Manager’s Office
E. Payment Systems Unavailable – The City’s utility billing system will be unavailable from Friday, Oct. 20, at 5 p.m., through Sunday, Oct. 22, at 10 p.m. due to maintenance. During
this time, customers will not be able to make payments. Service interruptions will pause from Friday through Monday, and resume on Tuesday, Oct. 23, to provide ample time for customers to access the system and/or make payments. Staff contact: Christa Foster, Customer Service
F. 2023 Business Survey – Economic Development will begin distribution of the 2023 Business Survey on Monday, Oct. 16, 2023. The survey will be emailed to over 600 local businesses and has two primary objectives. First, the Business Retention and Expansion (BRE) objective attempts to identify at-risk businesses and firms considering expansion. The City will also use this information to provide needed assistance to both struggling and
growing businesses. Second, the survey will help create an economic model of successful business factors in the City of Denton. This survey seeks to quantify the effect of certain business traits and decisions that will allow Economic Development to efficiently allocate resources to Denton businesses. Additionally, the survey aims to assist businesses in their decision-making processes once published. Staff contact: Emilio Montalvo, Economic
Development G. Animal Shelter Closure Days – The Linda McNatt Animal Care and Adoption Center will temporarily close Wednesday, Oct. 18 through Friday, Oct. 20 for annual maintenance,
deep cleaning, and staff development. While the center will be closed for regular services,
Animal Control Officers will remain available for emergency response. Individuals needing assistance should call the non-emergency police number at 940-349-8181, option 1. The public is being notified of the closure through signage at the facility, social media posts, and the Animal Services webpage. Staff contact: Shelly Meeks, Animal Services
H. Affordable Housing Grant for Public Comment – The Department of Housing and Urban Development (HUD) appropriated $85 million for competitive grant funding for the identification and removal of barriers to affordable housing production and preservation. In alignment with the City of Denton’s Consolidated Plan for Housing and Community
Development and the Denton Affordable Housing Strategic Toolkit, the City of Denton is
applying for $10 million for the PRO Housing grant program. The City is welcoming public comment on the application through Oct. 26, 2023. A virtual public hearing will be held Wednesday, Oct. 18, 2023, at 6 p.m., to gather additional feedback. Registration is required for the Public Hearing and may be accessed online. Residents may review the City’s
application and comment online. Feedback will also be accepted via email
(communitydevelopment@cityofdenton.com) and phone (940-349-7726). Staff contact: Courtney Douangdara, Community Services
3
I. DCPH Links: Mental Health Navigation Program – Denton County Public Health (DCPH)
recently launched DCPH Links, a mental health referral service for Denton County
residents seeking information about mental health community resources. Residents who have questions about where to find mental health services can call or text LINK to 940-349-3000 to reach a Navigator who can help identify mental health resource connections. Staff contact: Dani Shaw, Community Services
J. Code Compliance Appreciation Week – City of Denton Code Compliance staff were honored on Oct. 11 when Mayor Hudspeth proclaimed the second week of October Code Compliance Appreciation Week. The City Manager’s Office, along with Community Services, Development Services, and Public Works, hosted an appreciation breakfast for
teams of Code Officers and Inspectors who help ensure the health and safety of the people
of Denton. Denton Television (DTV) produced a video spotlighting the City’s Code Compliance staff. Thanks to our Code Enforcement Officers, Building Inspectors, Health Inspectors, Public Works Inspectors, and Zoning Officers for all you do! Staff contact: Courtney Douangdara, Community Services
K. Design Downtown Denton Update – On Saturday, Oct. 7, the Design Downtown Denton project team held a Quakertown Park Plan Visioning Workshop at the Denton Arts and Jazz Festival. The project team guided members of the community through several
exercises including visual boards, offering attendees an opportunity to indicate their
preferred park features and designs, a comment board with “big picture” park questions, and a detailed paper survey focused on how attendees traveled to Quakertown Park and how they use the space. A “Design-a-park” coloring activity was also provided for children.
Over the course of the day, the project team was able to interact with and gather feedback
from more than 200 attendees. The project team answered questions about park design and encouraged residents to use a QR code to provide feedback on the overall Design Downtown Denton plan. All feedback gathered during the workshop was recorded to help
4
establish a preliminary vision for the new Quakertown Park Plan. A future event is planned to seek feedback from direct descendants of Quakertown Park regarding the memorial.
Staff contacts: Cameron Robertson and Sean Jacobson, Planning
L. Bicycle Donation – To increase the diversion of materials from the City of Denton Landfill, Solid Waste and Recycling began retrieving bicycles from the waste stream. While bicycles can be recycled as scrap metal, the department was determined to get these bikes back out
for use in the community. On Sept. 14, the department successfully donated 28 bicycles to
Our Daily Bread. Most of these bikes are fully functional and the others will be used for parts. Our Daily Bread will use these bicycles as part of its community outreach programs. The department continues to collect bicycles for future donation and diversion. Staff contact: J.J. Tips, Solid Waste and Recycling
Responses to Council Member Requests for Information A. Monte Carlo Crash Gate – On Oct. 4, Council Member McGee requested staff to evaluate the installation of a “No Outlet” sign at the intersection of Ryan Road and Monte Carlo
Lane. While a gate currently prevents drivers from using Monte Carlo Lane as a thru street,
the road is in alignment with the 2022 Mobility Plan to be an open connection. The roadway does not meet the criteria for the sign installation. Staff contact: Ethan Cox, Public Works B. Londonderry Drive Issues – On Oct. 10, Council Member Meltzer requested that staff
evaluate the roadway condition of Londonderry Drive. Staff evaluated Londonderry Drive
and found this section to be in poor condition and will require full reconstruction. The reconstruction project will be placed on the proposal list as a future capital project for consideration within an annual budget and/or a future bond package.
Staff were also asked to review occurrences of trash stacked next to street-adjacent
dumpsters on a section of Londonderry Drive. Dumpsters for several properties along Londonderry are placed adjacent to the street due to the lack of any side or rear property space for safe dumpster service that would not reduce available parking to an unsustainable level. When the containers are serviced twice per week, Solid Waste and Recycling staff
have observed that material is inside, not outside, the container. This would indicate that
the property is managing any materials left outside the container prior to servicing. Community Improvement Services staff will make a site visit to inspect the containers and ensure that there are no violations of the property code. Staff will continue to evaluate alternative options for the container location to reduce the impact of materials left outside
5
the container. Staff contacts: Ethan Cox, Public Works, Brian Boerner, Solid Waste & Recycling, and Dani Shaw, Community Services
Upcoming Community Events and Public Meetings A. Food N Fun Friday – Join Parks and Recreation staff at the North Lakes Driving Range (2009 W. Windsor Dr.) on Friday, Oct. 13 from 5 to 9 p.m. for $20 unlimited golf balls, a
free-to-join closest to the pin challenge, and food for sale from food trucks including King
& Queen New Orleans Sneauxballs. No registration is required, just ask the front desk for the Food N Fun special to purchase and participate! Staff contact: Kelsey Stuart, Parks and Recreation
B. Homeschool Hike at Clear Creek – Homeschool hikes offer children the opportunity to
enjoy local trails with learning curriculums. The upcoming hike will take place at Clear Creak Natural Heritage Center (3310 Collins Rd.) on Friday, Oct. 20. Children ages 5-11 must be accompanied by a caregiver. Children 12 and up can hike alone if staff have a parent waiver on file. The cost for the hike is $5 per hiker, and registration is available
online. Staff contact: Carin Zeman, Parks and Recreation
C. Friends of the Denton Public Libraries Book Sale – The Big Book Sale hosted by the Friends of the Denton Public Libraries will be on Saturday, Oct. 14 at the North Branch Library (3020 N. Locust St.). Admission is free for current Friends of the Denton Public
Libraries members or $1 for non-members. Only cash or local checks will be accepted. The
sale hours are from 10 a.m. to 4 p.m., however all current Friends of the Denton Public Libraries members may enter starting at 9:15 a.m. Proceeds go to the Denton Public Libraries and will be used to cover the costs of library programs, materials, and equipment. Registration is not required. Staff contact: Jennifer Bekker, Libraries
D. Books on Tap – Denton Public Library’s DPL2Go Outreach Service is bringing book discussions to local bars and breweries. Join us to rant and rave about books you have read. This month’s meeting is hosted at Miss Angeline’s (125 E. Oak St.) on Monday, Oct. 16, from 6:30 to 8 p.m. for ages 21+. Registration is not required. Staff contact: Jennifer
Bekker, Libraries
E. Teen Chess Clubs – Whether you are a beginner or an expert, the teen chess club is the place for you! Come to a teen chess club and learn all about this classic game and improve your skills while meeting new friends! This event will be held on Monday, Oct. 16 from
6:30 to 8:30 p.m. at South Branch Library (3228 Teasley Ln.). Registration is not required.
Staff contact: Jennifer Bekker, Libraries F. Homework Help – Texas Academy of Math and Science (TAMS) students from the University of North Texas (UNT) will be available at the North Branch Library to help children in fifth thru tenth grade, ages 10-16, with their homework on Wednesday, Oct.
18, and 25 from 5 to 7 p.m. at North Branch Library (3020 N. Locust St.). Registration is not required. Staff contact: Jennifer Bekker, Libraries G. Backyard Bands, Ages 50+ – The Denton Senior Center will be hosting a mini-concert
series this October featuring classic cover bands with music ranging from classic country
to classic rock. Bring your lawn chair to set up on the grass in front of the amphitheater (509 N. Bell Ave.). The event will take place every Monday, from 6:30 to 8:30 p.m. The
6
lineup for the month includes Whiskey Bandits on Oct. 16, The Hot Yeah on Oct. 23, and Sugar, a yacht rock tribute band, on Oct. 30. The event is free to attend and additional
information is available online. Staff contact: Nicole Brasher, Parks and Recreation
H. Property Maintenance Code Community Input Meetings - The City of Denton is hosting two community input meetings to discuss updates to Chapter 17 of the City of Denton Code of Ordinances. Community Improvement Services (CIS) is recommending updates to
Chapter 17 of the Municipal Code to include the possible adoption of the International
Property Maintenance Codes (IPMC) 2021 version and replace the Chapter 17 Denton Property Maintenance Code (DPMC) with amendments. Information regarding the proposed update is shared on the City’s website along with a feedback form. CIS is also holding two public hearings to obtain feedback, virtually on Oct. 17 at 6 p.m., and in-
person at 401 N Elm on Oct. 18 at 2 p.m. Staff contact: Joshua Ellison, Community
Services I. Golf Scramble – Parks and Recreation will host its Monthly Golf Scramble at Wildhorse Golf Club in Robson Ranch (9400 Ed Robson Blvd.) on Tuesday, Oct. 17, from 5 to 8 p.m.
Tee off and enjoy the chance to win prizes. There is a $30 fee for a team and an additional
$14 per person green fee paid to Wildhorse Golf Club. Registration is available online. Staff contact: Kelsey Stuart, Parks and Recreation J. Dementia-Friendly Nature Walk – Join Dementia-Friendly Denton County as an Elm Fork
Chapter Master Naturalist guides a tour of the Civic Center Garden (321 E. McKinney St.)
on Wednesday, Oct. 18 from 10 to 11 a.m. Dementia Friendly walks provide exercise, education, and sensory stimulation for people living with dementia and their caretakers. Dementia Friendly Nature Walks are free to attend, and registration is available online. Staff contact: Carin Zeman, Parks and Recreation
K. Lunch Break Genealogy – Bring your lunch, watch a genealogy webinar, then discuss the topic with your fellow genies on Wednesday, Oct. 18 from 12:30 to 1:30 p.m. at Emily Fowler Central Library (502 Oakland St.). Presented in partnership with the Denton County Genealogical Society the upcoming webinar, “Immigration, Passenger, and Naturalization
Records in the Digital Age,” will be presented by Paula Perkins. Registration is not
required. Staff contact: Jennifer Bekker, Libraries L. Teen Halloween Costume Bash – Come join in on the fun with a Halloween themed costume party at South Branch Library (3228 Teasley Ln.)! Dress in your spooky best as
we play games, enjoy snacks, and have a monstrously good time! The Costume Bash will
be held on Wednesday, Oct. 18 from 6:30 to 8 p.m. Registration is not required. Staff contact: Jennifer Bekker, Libraries M. Adapted Rec Social Connections – Join Adapted Rec for a “Picnic in the Park” on Friday,
Oct. 20 from 11 a.m. to 1 p.m. at South Lakes Park (556 Hobson Ln.). The event is free to
attend and designed for individuals over 16 with disabilities. Registration is available online. Staff contact: Mia Macy, Parks and Recreation N. Newcomer Pickleball Social – Learn more about the latest team sports craze on Friday,
Oct. 20 from 6 to 8 p.m. at the new Denton Tennis and Pickleball Center (1117 Riney Rd.).
The event is free to attend and offers the opportunity to meet other people new to the game
7
in a fun-filled atmosphere. Registration is available online. Staff contact: Rachael Burks, Parks and Recreation
O. MLK Haunted House – Experience the horror with our annual Haunted House at MLK Jr. Rec Center (1300 Wilson St.) on Friday and Saturday, Oct. 20-21, from 6 to 10 p.m. The haunted house is updated annually with a new theme that will have you screaming with excitement and terror! New for this year is a Sensory hour from 6 to 7 p.m. that is designed
for younger kids and those with sensory needs with appropriate lighting, no strobes, and
stationary characters with limited movement. The sensory event will not feature characters who reach or jump out. The event is $5 per person with a $3 charge for re-entry. Registration is available at online. Staff contact: Cheylon Brown, Parks and Recreation
P. Halloween Harvest – Denia Recreation Center (1001 Parvin St.) will be hosting a family-
friendly Halloween Event on Saturday, Oct. 21 from 5 to 7 p.m. that will feature costume and pumpkin carving contests, carnival games, hayrides, and Halloween storytelling! The event is free to attend and registration is available online. Staff contact: Megan Thomas, Parks and Recreation
Q. Community Tree Giveaway – Registration for the 25th Annual Keep Denton Beautiful Annual Community Tree Giveaway has now closed. An online waitlist is available for those who were unable to register. The giveaway will take place on Saturday, Oct. 21 beginning at 8 a.m. at the Denton Landfill (1100 S. Mayhill Rd.). Registrants will be
provided a 30-minute window in which to pick up their trees through the drive-through.
Staff contact: Autumn Natalie, Parks and Recreation R. Animal Services Howl-O-Ween Trunk or Treat – Join Animal Services at the Linda McNatt Animal Care and Adoption Center (3717 N. Elm) on Wednesday, Oct. 25 from 6
to 8 p.m. for a howl-o-ween trunk or treat event. The event is open to the public and
members of the community are invited to decorate a trunk and distribute candy. Trunk registration is available online. Candy donations are being sought (bagged candies, no home-baked goods, please!) and can be dropped off at the shelter between the hours of 10 a.m. and 5 p.m., Monday through Saturday. Staff contact: Shelly Meeks, Animal Services
S. Hallo-wing Trunk or Treat – The Denton Enterprise Airport (5000 Airport Rd.) will be hosting a Halloween trunk-or-treat with a twist on Thursday, Oct. 26 from 6 to 8 p.m. As part of this free event, different aircraft will be on display and families can trick or treat from one to the next, learning about the aircraft, aviation, and the Denton Enterprise
Airport. No advance registration is needed. More information is available at the Denton
Enterprise Airport website. Staff contact: Leanne Alexander, Airport
8
T. Denton County Homeless Veterans Stand Down – The Denton County Veterans Coalition is hosting the 9th Annual Denton County Homeless Veterans Stand Down event on
Thursday, Oct. 26 at the Denton Civic Center (321 E. McKinney St.) from 9 a.m. to 1 p.m.
Veterans experiencing homelessness will have the opportunity to connect to employment services, housing programs, and other community organizations that provide resources and supportive services. Staff contact: Megan Ball, Community Services
U. Clear Creek Halloween Night Hike – Join Parks and Recreation’s outdoor recreation staff for a beautiful (and spooky) night hike at Clear Creek Natural Heritage Center (3310
Collins Rd.) on Friday, Oct. 27 from 6 to 7:00 p.m. Cost for the hike is $5 per person, and
it is open to ages 5 and up. Children aged 12 may attend without a guardian if they provide a signed waiver. Registration is available online. Staff contact: Carin Zeman, Parks and Recreation
V. Tennis with Friends – Tennis with Friends is an opportunity for you to bring a friend to
experience tennis like never before with fun games such as Wacky Racket, Musical Rackets, Money and Bananas, Volley Knockout, Add-On, and many more. This event, on
Oct. 27 from 6 to 7:30 p.m. at the Denton Tennis & Pickleball Center (1117 Riney Rd.) is for elementary and middle school children, ages 8 to 13. The cost to attend is $10 per
person for residents and $15 a person for non-residents. Registration and additional
information is available online. Staff contact: Rachael Burks, Parks and Recreation.
9
W. S’mores and Stories – Join Parks and Recreation staff at Clear Creek Natural Heritage Center (3310 Collins Rd.) for stories around the campfire on Friday, Oct. 27 from 7 to 9
p.m. Each s’mores kit costs $3 and includes two graham crackers, chocolate, a giant
marshmallow, and a cooking stick. Participants should meet at the Davis Entrance to the Mountain Bike Trail. The event is open to all ages, and registration is available online. Staff contact: Carin Zeman, Parks and Recreation
Informal Staff Reports
A. 2023-065 Quarterly Financial Report ................................................................................11
Council Information
A. Council Requests for Information ......................................................................................59B. Public Meetings Calendar ..................................................................................................61C. Draft Agenda for Oct. 24 City Council Meeting ................................................................65D. Draft Agenda for Nov. 7 Joint City Council DISD Meeting ..............................................75
E. Draft Agenda for Nov. 7 City Council Meeting .................................................................82
F. Future Work Session Items ................................................................................................84G. Street Closure Report .........................................................................................................85
10
October 13, 2023 Report No. 2023-065
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Quarterly Financial Report for the period ending June 30th, 2023.
BACKGROUND:
Attached, for your review is the Quarterly Financial Report for the period ending June 30th,
2023. If you have any questions or need additional information, please let me know.
STAFF CONTACT:
Aimee Kaslik, Interim Director of Finance (940) 349-7899 Aimee.Kaslik@cityofdenton.com
11
12
About This Quarterly Financial
Report
This report has been prepared by the City of Denton’s Finance
Department. The Quarterly Financial Report is intended to provide
our users (internal and external) with information regarding the City’s
financial position and economic activity. This report includes
information for the quarter ending June 30th, 2023.
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 preliminary actuals 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.
Aimee Kaslik
Interim Director of Finance
215 East McKinney Street
Denton, TX 76201
940-349-7899 13
Section 1
City of Denton
Quarterly Financial Report
June 2023
Executive Dashboards
14
Note: All figures presented are in millions of dollars.
FY 2022-23 FY 2022-23
ANNUAL YTD
DESCRIPTION BUDGET 1 ACTUALS ANNUAL VARIANCE
Beginning Fund Balance
as of 09/30/221 40.81$ 45.46$ 45.46$
RESOURCES: Ad Valorem Taxes 57.78 57.19 57.53 0% Sales Tax 54.72 41.62 55.03 1% Franchise Fees 2.72 3.22 4.50 65% Other Taxes 0.46 0.34 0.45 -3% Service Fees 8.37 6.13 9.19 10% Fines and Fees 2.40 1.37 1.87 -22% Licenses and Permits 8.86 4.77 6.29 -29% Miscellaneous Revenue 5.04 4.76 5.15 2% Transfers In 42.51 22.07 33.95 -20%
Total Revenues 182.86 141.48 173.96 -5%
Total Resources 223.67 186.94 219.42
EXPENDITURES:
Personnel Services 114.87 83.85 113.93 -1% Material and Supplies 3.76 2.43 4.24 13% Maintenance and Repairs 2.06 1.39 2.50 21% Insurance 3.25 2.49 3.32 2% Miscellaneous 2.66 1.37 2.33 -13% Operations 34.86 12.62 24.83 -29% Transfers Out 21.96 17.13 22.41 2% Fixed Assets 0.54 0.40 0.55 1%
Total Expenditures 183.96 121.68 174.11 -5%
Net Income (Loss)(1.10) 19.80 (0.15)
Ending Fund Balance 39.71$ 65.26$ 45.31$
FY 2022-23
PROJECTIONS
City of Denton, Texas
General Fund Executive Dashboard
$-
$20
$40
$60
$80
$100
$120
$140
$160
Revenue & Expenses (in Millions)
YTD Revenue YTD Expenses
Key Trends
Revenues from investment income is trending above budget.
Franchise Fee revenues are trending higher than budget
Revenues from sales tax remain flat for quarter three.
Revenue from Building Permits are lower than expected.
Insurance expenses have increased.
Cost of Service expenses have increased.
Operation expenditures are trending lower than expected. $-
$1.0
$2.0
$3.0
$4.0
$5.0
$6.0
Sales Tax Monthly Average by Quarter
1Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was
estimated in the FY 2022-23 budget process.15
Note: All figures presented are in millions of dollars.
City of Denton, Texas
Electric Fund Executive Dashboard
FY 2022-23
ANNUAL YTD P ROJECTIONS
DES CRIP TION B UDGET
1 ACTUALS ANNUAL VARIANCE
B e ginning Wo rking Capital
and Re s e rve s as o f 9/30/22 136.99$ 140.78$ 140.78$
RES OURCES :
Rate Re ve nue s 296.23 128.87 205.29 -31%
Trans mis s io n Re ve nue 45.77 42.17 55.04 20%
Othe r Re ve nue s 5.36 5.24 5.36 0%
DEC Re ve nue s 52.55 24.31 50.92 -3%
To tal Re ve nue s 399.91 200.59 316.61 -21%
To tal Re s o urc e s 536.90 341.37 457.39
EXP ENDITURES :
P urc has e d P o we r 197.75 91.35 162.85 -18%
DEC Fue l 37.05 7.66 22.38 -40%
Trans mis s io n o f P o we r 22.10 15.82 22.10 0%
P e rs o nne l S e rvic e 25.89 16.27 22.38 -14%
Ope ratio n and Mainte nanc e 53.15 28.94 47.88 -10%
De bt S e rvic e 62.45 54.06 62.45 0%
Trans fe rs Out 15.19 11.38 15.45 2%
Capital Outlay 1.83 4.62 4.70 157%
To tal Expe nditure s 415.41 230.10 360.19 -13%
Ne t Inc o me (Lo s s )(15.50) (29.51) (43.58)
Ending Wo rking Capital
and Re s e rve s 121.49$ 111.27$ 97.20$
FY 2022-23
$0
$50
$100
$150
$200
$250
Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Revenue & Expenses (in Millions)
YTD Revenue YTD Expense
Key Trends
DEC Fuel expenses are projected lower than budget due to a decrease in fuel costs.
0
100
200
300
400
500
600
1Q17 3Q17 1Q18 3Q18 1Q19 3Q19 1Q20 3Q20 1Q21 3Q21 1Q22 3Q22 1Q23 3Q23
2017 – 2023 Historical Quarterly GWH Sales
1 Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in the FY 2022-23 budget process.16
Note: All figures presented are in millions of dollars.
FY 2022-23
ANNUAL YTD
DES CRIP TION B UDGET
1 ACTUALS ANNUAL VARIANCE
B e ginning Wo rking Capital
and Re s e rve s as o f 09/30/22
2 24.71$ 29.59$ 29.59$
RES OURCES :
Wate r S ale s 43.83 30.03 43.81 0%
Othe r Wate r Re ve nue s 8.14 1.61 2.09 -74%
Trans fe rs In 3.57 2.17 3.57 0%
Impac t Fe e Re ve nue 6.61 4.95 6.60 0%
To tal Re ve nue s 62.15 38.76 56.07 -10%
To tal Re s o urc e s 86.86 68.35 85.66
EXP ENDITURES :
P e rs o nne l S e rvic e 10.02 6.45 8.80 -12%
Ope ratio ns , S e rvic e s 13.57 9.49 13.73 1%
Capital Outlay 21.18 7.94 14.36 -32%
De bt S e rvic e 10.24 9.69 10.24 0%
Trans fe rs Out 8.05 6.47 8.05 0%
To tal Expe nditure s 63.06 40.04 55.18 -12%
Ne t Inc o me (Lo s s )(0.91) (1.28) 0.89
Ending Wo rking Capital
and Re s e rve s 23.80$ 28.31$ 30.48$
FY 2022-23
P ROJECTIONS
City of Denton, Texas
Water Fund Executive Dashboard
$-
$5
$10
$15
$20
$25
$30
$35
$40
$45
Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Revenue & Expenses (in Millions)
YTD Revenue YTD Expenses
Key Trends
Other Water Revenues and Capital Outlay both decreased from budget due to cost
participation payments now expected to be received in future fiscal years.
Personnel Services are currently projected to come in under budget by $1.2M
1Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in the
FY 2022-23 budget process.
2The Beginning Working Capital balance excludes $32.8 million of Impact Fee Reserves and $2.4 million in additional reserves
related to future payments to the Army Corps of Engineers for Lake Lewisville dam repairs.
0
500
1,000
1,500
2,000
2,500
3,000
2016-2023 Historical Quarterly Gallons Sold (in Millions)
17
FY 2022-23
ANNUAL YTD
DES CRIP TION B UDGET
1 ACTUALS
ANNUAL VARIANCE
B e ginning Wo rking Capital
and Re s e rve s as o f 09/30/22
2 24.81$ 28.12$ 28.12$
RES OURCES :
Was te wate r Fe e s 29.32 20.40 27.86 -5%
Othe r Was te wate r Re ve nue 2.52 1.99 2.20 -13%
Drainage Fe e s 5.84 3.49 4.70 -20%
Co s t P artic ipatio n 13.65 - - -100%
Trans fe r In 0.61 0.46 0.61 0%
Impac t Fe e Re ve nue 4.27 3.20 4.27 0%
To tal Re ve nue s 56.21 29.54 39.64 -29%
To tal Re s o urc e s 81.02 57.66 67.76
EXP ENDITURES :
P e rs o nne l S e rvic e 8.78 5.96 8.45 -4%
Ope ratio ns , S e rvic e s 10.84 7.58 11.52 6%
Capital Outlay 29.76 13.86 15.25 -49%
De bt S e rvic e 8.63 8.03 8.63 0%
Trans fe r Out 8.47 6.57 8.47 0%
To tal Expe nditure s 66.48 42.00 52.32 -21%
Ne t Inc o me (Lo s s )(10.27) (12.46) (12.68)
Ending Wo rking Capital
and Re s e rve s 14.54$ 15.66$ 15.44$
FY 2022-23
P ROJECTIONS
Note: All figures presented are in millions of dollars.
City of Denton, Texas
Wastewater Fund Executive Dashboard
$-
$5
$10
$15
$20
$25
$30
$35
$40
$45
Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Revenue & Expenses (in Millions)
YTD Revenue YTD Expenses
Key Trends
Cost participation and capital outlay both decreased from budget due to cost
participation reimbursements that are now being expected in the next fiscal year.
1Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in
the FY 2022-23 budget process.
2The Beginning Working Capital balance excludes $20.4 million of Impact Fee Reserves, $1.0 million for Drainage Reserves.
0
200
400
600
800
1,000
1,200
1,400
2016-2023 Historical Quarterly Gallons Billed (in Millions)
18
FY 2022-23ANNUAL YTDDESCRIPTION BUDGET ACTUALS ANNUALVARIANCEREVENUES: Residential Drainage Fees 2.18$ 1.60$ 2.18$ 0% Nonresidential Drainage Fees 3.65 1.89 2.63 -28% Wastewater Resources 0.07 - 0.02 -71% General Fund Transfer0.38 0.28 0.38 0%Total Revenues6.28 3.77 5.21 -17%EXPENDITURES: P ers o nnel Service2.24 1.37 2.05 -8% Operations, Services1.07 0.58 0.77 -28% Capital Outlay2.23 0.62 1.65 -26% Debt Service- - - 0% Transfer Out0.74 0.42 0.74 0%Total Expenditures6.28 2.99 5.21 -17%Net Income (Loss)-$ 0.78$ -$ FY 2022-23PROJECTIONSNote: All figures presented are in millions of dollars.City of Denton, Texas Drainage Operations Executive Dashboard $‐ $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 $3.5 $4.0Oct‐22 Nov‐22 Dec‐22 Jan‐23 Feb‐23 Mar‐23 Apr‐23 May‐23 Jun‐23Revenue & Expenses (in Millions)YTD RevenueYTD ExpensesKey TrendsRevenues from auction proceeds are expected to come in under budget due to timing of the auction sale at the end of the fiscal year.Expenses are expected to meet budgeted levels. 19
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
2021
Q4
2022
Q1
2022
Q2
2022
Q3
2022
Q4
2023
Q1
2023
Q2
2023
Q3
Recycling and ReuseTonnage
Residential Curbside Collection Tonnage
Note: All figures presented are in millions of dollars.
City of Denton, Texas
Solid Waste Fund Executive Dashboard
Key Trends
Personnel plus Material and Supplies expenses are trending below budget.0
5,000
10,000
15,000
20,000
25,000
30,000
2021
Q4
2022
Q1
2022
Q2
2022
Q3
2022
Q4
2023
Q1
2023
Q2
2023
Q3
Commercial Refuse & Recycling (Front & Side Load)
Cubic Yards Serviced per Week
Commercial Refuse Commercial Recycling1Annual adopted budget as amended or modified. Beginning Working Capital and Reserves represents the amount which was
estimated in the FY 2022-23 budget process.
2The Beginning Working Capital and Reserves excludes $12.68 million of Landfill Closure/Post Closure reserves.
FY 2022 - 23 FY 2022 - 23
ANNUAL YTD PROJECTIONS
DES CRIPTION BUDGET 1 ACTUALS
Be ginning Working Ca pita l
and Re s e rve s as of 09/30 /2 2
2 10.27$ 12.14$ 12.14$
RES OURCES :
Colle c tion & Dis pos al 31.01 23.37 30 .64 - 1%
Re c yc ling 7 .31 5.51 7 .23 - 1%
Othe r Re ve nue 1.03 0.94 1.45 41%
To ta l Re ve nue s 39.35 29.82 39 .32 0%
To ta l Re s ourc e s 49.62 41.96 51.46
EXPENDITURES :
Pe rs onne l S e rvic e 12.32 8.63 12 .00 - 3%
Ope ra tions , S e rvic e s 10.55 7.48 10 .11 - 4%
Capital Outla y 8.24 7.73 8 .04 - 2%
De bt S e rvic e 3.90 3.71 3 .90 0%
Landfill Clo s ure 0.74 0.55 0 .74 0%
Tra ns fe r Out 5.96 3.63 5 .96 0%
To ta l Expe nditure s 41.71 31.73 40 .75 - 2%
Ne t Inc o me (Lo s s )(2.36 ) (1.91) (1.43)
Ending Working Capital
and Re s e rve s 7 .91$ 10.23$ 10.71$
ANNUAL VARIANCE
20
City of Denton, Texas Airport Fund Executive DashboardKey TrendsInterest earned on investments is well above original budget expectations.A focus on controlling costs has kept most expense groups well under budget expectations.$0.0$1.0$2.02013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023GAS WELLREVENUE(in millions of dollars by fiscal year) 20,000 30,000 40,000 50,000 60,000AIRPORT OPERATIONS BY QUARTER(takeoff or landing by fiscal year)Note: All financial amounts presented are in millions of dollars.FY 2022-23FY 2022-23ANNUAL YTDDESCRIPTIONBUDGET 1ACTUALS ANNUAL VARIANCEBeginning Working Capital and Reserves as of 09/30/22 2.38$ 3.14$ 3.14$ RESOURCES: Airport Ground Leases 0.84 0.69 0.84 0% FBO Commissions 0.24 0.27 0.31 29% Fuel Flowage Fees 0.14 0.09 0.38 171%Total Operating Revenues 1.22 1.05 1.53 25%EXPENDITURES: Personnel Services 0.56 0.53 0.72 29% Operations, Services 0.44 0.14 0.35 -20% Transfer Out0.46 0.40 0.44 -4%Total Operating Expenditures1.46 1.07 1.51 3%Net Operating Income (Loss)(0.24) (0.02) 0.02 NON-OPERATING REVENUES: Investment Income0.010.160.20 1900% Gas Well Royalties0.320.240.40 25% Miscellaneos Income0.000.000.00 0%Total Non-Operating Revenues0.33 0.41 0.60 82%NON-OPERATING EXPENDITURES: Debt Service0.74 0.69 0.74 0% Transfer Out - Capital- - - 0%Total Non-Operating Expenditures0.74 0.69 0.74 0%Net Non-Operating Income (Loss)(0.41) (0.28) (0.14) Net Income (Loss)(0.65) (0.31) (0.12) Ending Working Capital and Reserves1.73$ 2.83$ 3.02$ PROJECTIONS1Annual adopted budget as amended or modified. Beginning Working Capital and Reserves represents the amount which was estimated in the FY 2022‐23 budget process.21
City of Denton, Texas
Street Improvement Fund Executive Dashboard
Key Trends
Revenues and expenditures are projected to meet budgeted level.
Interest earned on investments is well above original budget expectations.
1Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was
estimated in the FY 2022-23 budget process.
Note: All figures presented are in millions of dollars.
FY 2022-23
ANNUAL YTD
DESCRIPTION BUDGET 1 ACTUALS ANNUAL VARIANCE
Beginning Working Capital
and Reserves as of 09/30/22 3.60$ 4.50$ 4.50$
RESOURCES:
Franchise Fees 15.10 11.51 15.10 0%
Investment Income 0.04 0.17 0.22 -82%
Transfers In 1.31 0.99 1.31 0%
Total Revenues 16.45 12.67 16.63
Total Resources 20.05 17.17 21.13
EXPENDITURES:
Personnel Services 3.97 2.40 3.96 0%
Materials & Supplies 0.10 0.09 0.13 -23%
Maintenance & Repairs 4.29 3.82 5.39 -20%
Operations, Services 1.35 1.10 1.35 0%
Transfer Out 7.63 6.20 7.63 0%
Total Expenditures 17.34 13.61 18.46
Net Income (Loss)(0.89)$ (0.94)$ (1.83)$
FY 2022-23
PROJECTIONS
$0.0
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
$14.0
$16.0
Oct Nov Dec Jan Feb Mar Apr May June
Revenues & Expenditures (in Millions)
YTD Revenues YTD Expenditures
0
2
4
6
8
10
12
Qtr1 Qtr2 Qtr3
Tons of Asphalt Laid (in Thousands)
FY 21-22 FY 22-23
0.0
10.0
20.0
30.0
40.0
Qtr1 Qtr2 Qtr3
Lane Miles Surface Treatment
FY 21-22 FY 22-23
* Note: There was no activity for 2nd and 3rd Quarters
due to the high temperatures.22
FY 2022-23FY 2022-23GRANT YTDDESCRIPTIONAMOUNTACTUALS2022-23 Budget Comm Development 5.65$ 1.28$ Public Safety5.99 1.05 Transportation52.61 4.98 Other20.57 4.62 Total Budget84.82 11.93 New Awards Public Safety0.23 0.23 Transportation0.40 0.40 Total New Awards 0.63 0.63 Totals 85.45$ 12.56$ COMM DEV6.61%PUBLIC SAFETY7.28%TRANS62.04%OTHER24.07%FY 2022‐23 Grants Awarded $‐ $20.0 $40.0 $60.0COMMDEVPUBLICSAFETYTRANSOTHERAwardsExpensesFY 2022‐23 Awards & Expenses (in Millions)City of Denton, Texas Grants DashboardNote: All figures presented are in millions of dollars.Key Trends:The following grants have been received in FY 2022-23:Federal Equitable Sharing: $46,000Chapter 59 Asset Forfeitures: $39,416U.S. Marshals Violent Offenders Task: $64,492North Texas Organized Crime Task Force:$6,098U.S. Immigration & Customs Enforcement: $357FY2021 Improving Criminal Justice Responses: $26,440Texas Department of Public Safety's Texas Division of Emergency Management (TDEM)-Winter Storm: $1,7532022 SHSP-Hazmat Dry Decon Kit:$13,291DWI Phlebotomy Program:$26,583Police-Law Enforcement Officer Standards Education: $4,716Fire-Law Enforcement Officer Standards Education:$25TxDot-Bonnie Brae-Windsor Drive to US 77:$396,631Rural Texas Women at Work:$600Eco-poetry: A Community-Based Discussion Series:$1,50023
Section 2
City of Denton
Quarterly Financial Report
June 2023
This report is designed for internal use and does not include all the
funds and accounts included in the City of Denton’s operations. The
information provided is unaudited; for a complete audited report,
please refer to the City of Denton Comprehensive Annual Financial
Report, available through the City’s Finance Department, City
Secretary’s Office, or Denton Public Libraries.
FINANCIAL SUMMARY
24
City of Denton General FundSchedule of Revenues - Budget vs Projection (Unaudited)For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
REVENUE DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Current Year - Ad Valorem 48,065,826$ 42,834,207$ 56,843,258$ 57,104,662$ 57,100,977 0%
Delinquent - Ad Valorem 92,213 89,100 58,332 135,000 68,011 -50%
Miscellaneous Penalties & Fees 298,853 415,750 289,413 538,000 358,479 -33%
Ad Valorem Taxes 48,456,892 43,339,057 57,191,003 57,777,662 57,527,467 0%
Sales Tax 38,651,904 41,588,737 41,616,360 54,722,022 55,025,949 1%
Franchise - Gas Utilities 217,863 126,818 345,065 225,478 373,893 66%
Franchise - Private Electric Utilities 32,937 12,178 44,501 50,522 83,777 66%
Franchise - Cable 92,959 105,471 106,058 174,998 290,185 66%
Franchise - Telecom 14,333 14,271 11,293 35,522 58,903 66%
Franchise - Denton Municipal Utilities 1,950,160 1,322,371 2,710,979 2,229,597 3,697,166 66%
Franchise Fees 2,308,252 1,581,109 3,217,896 2,716,117 4,503,924 66%
Other Taxes 292,802 229,002 336,347 458,003 446,728 -2%
Ambulance Service Fees 2,438,002 1,823,531 2,546,360 3,305,828 4,343,347 31%
Fire Department Fees 146,976 83,743 183,556 161,657 203,892 26%
Building Inspections Fees 511,753 436,395 566,962 615,843 783,789 27%
Park Department Fees 1,059,137 881,878 1,156,655 1,760,272 1,573,473 -11%
Planning Department Fees 2,024,067 1,762,402 1,600,071 2,379,380 2,034,420 -14%
Miscellaneous Service Fees 77,516 110,717 81,131 147,616 255,519 73%
Service Fees 6,257,451 5,098,666 6,134,735 8,370,596 9,194,440 10%
Denton Municipal Fines 499,520 634,509 464,495 846,000 747,175 -12%
Parking Fines 71,025 104,250 83,020 139,000 87,805 -37%
Miscellaneous Fines and Fees 315,692 385,173 313,222 545,619 426,718 -22%
Court Administrative and Service Fees 467,376 627,724 514,188 866,137 608,272 -30%
Fines and Fees 1,353,613 1,751,656 1,374,925 2,396,756 1,869,970 -22%
Demolition Permits 6,358 9,117 15,476 12,156 19,109 57%
Building Permits 6,163,167 6,596,372 4,678,006 8,777,904 6,165,982 -30%
Certificate of Occupancy 60,450 41,418 58,233 55,222 73,463 33%
Miscellaneous Licenses and Permits (1,363) 10,126 22,283 13,502 26,514 96%
Licenses and Permits 6,228,612 6,657,033 4,773,998 8,858,784 6,285,068 -29%
Investment Income 155,860 112,515 1,689,712 150,000 1,900,000 1167%
Miscellaneous Revenues 2,881,876 3,048,932 3,070,889 4,891,862 3,253,651 -33%
Miscellaneous Resources 3,037,736 3,161,447 4,760,601 5,041,862 5,153,651 2%
ROI - Denton Municipal Utilities 11,253,676 10,926,641 11,861,154 14,943,924 15,691,485 5%
Transfers 9,967,155 20,683,007 10,209,446 27,573,659 18,263,062 -34%
Transfers 21,220,831 31,609,648 22,070,600 42,517,583 33,954,547 -20%
Total General Fund Revenues 127,808,093$ 135,016,355$ 141,476,465$ 182,859,385$ 173,961,744$ -5%
25
City of Denton
General Fund
Schedule of Expenditures - Budget vs Projection (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
NEIGHBORHOOD SERVICES
Building Inspections 2,544,065$ 2,962,439$ 2,644,325$ 3,949,385$ 3,600,193$ -9%
Community Improvement Services 6,062 - - - - 0%
Libraries 4,698,881 4,664,410 4,576,099 6,218,347 6,184,828 -1%
Parks and Recreation 10,541,403 12,512,945 10,673,102 16,681,570 17,014,118 2%
Planning 2,344,051 2,367,133 1,853,494 3,093,774 2,590,368 -16%
Development Services Admin 868,123 1,077,831 1,161,290 1,436,912 1,550,534 8%
Gas Well Review 68,038 285,204 131,798 380,218 475,969 25%
Social Services 1,757,149 2,491,232 2,035,541 3,321,188 3,056,081 -8%
22,827,772 26,361,194 23,075,649 35,081,394 34,472,091 -2%
PUBLIC SAFETY
Animal Services 1,783,831 2,099,539 2,032,760 2,798,999 3,022,671 8%
Fire 27,264,629 29,512,502 28,943,731 39,344,725 39,572,763 1%
Municipal Judge 406,861 492,545 490,768 656,630 655,412 0%
Police 33,271,098 37,588,087 37,715,136 49,793,655 50,757,998 2%
62,726,419 69,692,673 69,182,395 92,594,009 94,008,844 2%
TRANSPORTATION
Traffic Operations 1,693,108 2,108,370 1,974,684 2,810,774 2,928,133 4%
Street Lighting 705,723 675,090 706,975 900,000 821,514 -9%
2,398,831 2,783,460 2,681,659 3,710,774 3,749,647 1%
ADMINISTRATIVE & COMMUNITY SERVICES
City Manager's Office 1,745,347 2,239,726 2,465,999 2,981,451 3,353,280 12%
Economic Development 1,897,734 3,873,963 2,448,625 5,164,576 3,661,393 -29%
Finance 4,007,530 4,739,236 4,223,514 6,318,106 5,699,988 -10%
Human Resources 2,161,807 2,817,992 2,533,112 3,746,820 3,498,481 -7%
Internal Audit 434,910 438,320 446,507 584,337 616,150 5%
Legal Administration 2,104,897 2,439,231 2,097,593 3,251,866 3,280,077 1%
Public Affairs 1,375,443 1,852,008 1,663,645 2,469,006 2,614,939 6%
Non-Departmental 9,244,617 21,028,038 10,861,532 28,058,063 19,152,127 -32%
22,972,285 39,428,514 26,740,527 52,574,225 41,876,433 -20%
TOTAL EXPENDITURES 110,925,307$ 138,265,841$ 121,680,230$ 183,960,402$ 174,107,015$ -5%
26
City of Denton
Electric Fund
Schedule of Revenues and Expenditures - Budget vs Projection (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET1 PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 9/30/22 136,994,639$ 140,776,983$
REVENUES:
Rate Revenues 107,769,448$ 215,406,423$ 128,870,564$ 296,233,119 205,285,483 -31%
Transmission Revenues 39,982,949 27,829,147 42,161,368 45,766,756 55,040,615 20%
Other Revenues 18,545,963 3,499,399 5,244,632 5,361,857 5,361,857 0%0%
DEC Revenues 28,467,047 33,610,864 24,309,899 52,550,029 50,920,789 -3%
Total Revenues 194,765,407 280,345,833 200,586,463 399,911,761 316,608,744 -21%
EXPENDITURES:
Purchased Power 54,906,889 136,077,745 91,345,990 197,752,530 162,852,000 -18%
DEC Fuel 13,156,681 25,492,651 7,659,129 37,052,865 22,377,153 -40%
Transmission of Power 13,987,758 12,654,304 15,820,171 22,102,442 22,102,442 0%
Personnel Services 15,090,652 19,819,180 16,274,861 25,893,467 22,379,617 -14%
Materials and Supplies 1,026,752 1,768,002 1,373,472 2,694,083 2,686,013 0%
Maintenance and Repair 901,651 939,980 1,598,329 1,367,117 1,600,000 17%
Insurance 3,312,585 2,455,163 1,926,797 3,273,550 3,273,550 0%
Return on Investment 9,572,973 12,941,540 10,063,968 19,381,951 15,547,329 -20%
Franchise Fee 7,970,094 10,684,064 8,379,085 15,997,986 12,956,108 -19%
Miscellaneous 479,878 637,815 481,229 749,538 755,600 1%
Operations 4,010,871 7,247,075 5,116,013 9,684,524 11,065,981 14%
Debt Service 53,334,771 54,056,560 54,056,560 62,445,059 62,445,059 0%
Interfund Transfers 12,609,564 11,394,209 11,379,747 15,192,278 15,454,928 2%
Capital Outlay 133,494 4,624,896 4,624,896 1,830,750 4,700,000 157%
Total Expenditures 190,494,613 300,793,184 230,100,247 415,418,140 360,195,780 -13%
Net Income (Loss)4,270,794$ (20,447,351)$ (29,513,784)$ (15,506,379) (43,587,036)
Ending Working Capital and Reserves 121,488,260$ 97,189,947$
1Annual adopted budget as amended or modified. Beginning Working Capital and Reserves represents the amount
which was estimated in the FY 2022-23 budget process.
27
City of Denton
Water Fund
Schedule of Revenues and Expenditures - Budget vs Projection (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET2 PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/221 24,705,221$ 29,588,453$
REVENUES:
Water Sales Residential 14,129,917$ 17,101,623$ 14,652,082$ 22,799,125 22,387,257 -2%
Water Sales Commercial 12,917,388 14,199,509 14,004,734 18,930,153 18,760,370 -1%
Water for Resale 2,791,388 1,578,679 1,381,760 2,104,625 2,663,857 27%
Other Water 1,377,085 5,990,220 1,059,569 7,985,895 1,487,061 -81%
Transfers In 1,524,956 2,679,868 2,169,489 3,572,683 3,572,683 0%
Investment Income 63,246 112,515 551,674 150,000 600,000 300%
Impact Fee Revenue 4,953,753 4,954,411 4,953,753 6,605,000 6,605,000 0%
Total Revenues 37,757,733 46,616,825 38,773,061 62,147,481 56,076,228 -10%
EXPENDITURES:
Personnel Service 5,719,828 7,518,906 6,445,894 10,023,865 8,800,000 -12%
Purchased Power 1,102,604 1,111,145 1,233,294 1,481,328 1,600,000 8%
Materials and Supplies 1,186,580 1,515,969 1,897,802 1,986,717 2,400,000 21%
Maintenance and Repairs 1,233,744 1,519,636 1,579,205 2,072,541 2,250,000 9%
Insurance 169,280 357,790 365,564 476,989 500,000 5%
Miscellaneous 147,534 340,983 182,551 455,036 225,000 -51%
Operations, Services 1,227,665 2,526,692 1,684,742 3,368,660 3,038,000 -10%
Capital Outlay 4,124,109 15,893,823 7,937,661 21,175,883 14,358,703 -32%
Return on Investment 991,434 1,150,794 1,048,608 1,534,187 1,534,187 0%
Franchise Fee 1,416,335 1,643,990 1,498,011 2,191,695 2,191,695 0%
Debt Service 10,445,573 9,692,887 9,692,887 10,239,818 10,239,818 0%
Transfers Out 4,324,169 6,035,536 6,473,436 8,046,304 8,046,304 0%
Total Expenditures 32,090,015 49,310,401 40,040,086 63,056,023 55,185,707 -12%
Net Income (Loss)5,667,718$ (2,693,576)$ (1,267,025)$ (908,542) 890,521
Ending Working Capital
and Reserves 23,796,679$ 30,478,974$
budget process.
2 Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in the FY 2022-23
1 The Beginning Working Capital balance excludes $32.8 million of Impact Fee Reserves and $2.4 million in additional reserves related to future payments
to the Army Corps of Engineers for Lake Lewisville dam repairs.
28
City of Denton
Wastewater Fund
Schedule of Revenues and Expenditures - Budget vs Projections (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET2 PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/221 24,812,689$ 28,123,711$
REVENUES:
Residential Fees 8,965,659$ 10,215,986$ 9,745,482$ 12,882,706 12,500,000 -3%
Commercial Fees 9,340,295 11,625,503 9,985,898 15,730,706 14,524,910 -8%
Effluent Irrigation Fees 77,651 86,322 74,276 115,077 85,000 -26%
Wholesale Fees 497,789 444,901 594,599 593,123 750,000 26%
Other Wastewater Fees 1,479,888 1,815,145 1,600,113 2,419,863 1,700,000 -30%
Drainage Fees 4,047,102 4,437,917 3,491,161 5,836,813 4,700,000 -19%
Cost Participation - 10,237,365 - 13,648,000 - -100%
Transfer In 458,734 459,936 460,085 613,166 613,166 0%
Investment Income 41,424 75,010 394,695 100,000 500,000 400%
Impact Fee Reserves 3,202,497 3,202,927 3,202,497 4,270,000 4,270,000 0%
Total Revenues 28,111,039 42,601,012 29,548,806 56,209,454 39,643,076 -29%
EXPENDITURES:
Personnel Service 6,081,005 6,587,058 5,959,843 8,781,551 8,448,710 -4%
Purchased Power 789,878 915,872 847,259 1,221,000 1,200,000 -2%
Materials and Supplies 1,006,908 1,019,788 1,098,321 1,350,476 1,800,000 33%
Maintenance and Repairs 1,148,320 2,108,353 1,743,013 2,769,066 2,367,928 -14%
Insurance 190,751 335,300 342,585 447,005 456,780 2%
Miscellaneous 22,804 20,811 2,406 27,740 32,000 15%
Operations, Services 1,650,074 1,899,649 1,731,685 2,539,868 3,360,000 32%
Capital Outlay 1,238,156 22,291,813 13,864,386 29,761,759 15,254,445 -49%
Return on Investment 689,270 765,563 748,578 1,020,615 947,059 -7%
Franchise Fee 984,671 1,093,662 1,069,398 1,458,022 1,352,941 -7%
Debt Service 6,581,255 8,027,592 8,028,926 8,628,692 8,628,692 0%
Transfers Out 4,242,358 6,356,303 6,570,176 8,473,931 8,473,931 0%
Total Expenditures 24,625,450 51,421,764 42,006,576 66,479,725 52,322,486 -21%
Net Income (Loss)3,485,589$ (8,820,752)$ (12,457,770)$ (10,270,271) (12,679,410)
Ending Working Capital
and Reserves 14,542,418$ 15,444,301$
2 Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated
in the FY 2022-23 budget process.
1 The Beginning Working Capital balance excludes $20.4 million of Impact Fee Reserves and $1.0 million for Drainage Reserves.
29
City of Denton
Drainage Operations
Schedule of Revenues and Expenditures - Budget vs Projections (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
REVENUES:
Residential Drainage Fees 1,555,780$ 1,629,063$ 1,604,181$ 2,183,731$ 2,179,859$ 0%
Nonresidential Drainage Fees 2,491,322 2,808,854 1,886,980 3,653,082 2,635,676 -28%
Wastewater Resources - 54,092 - 72,112 20,000 -72%
General Fund Transfer 275,363 283,662 283,624 378,166 378,166 0%
Total Revenues 4,322,465 4,775,671 3,774,785 6,287,091 5,213,701 -17%
Total Resources 4,322,465 4,775,671 3,774,785 6,287,091 5,213,701 -17
EXPENDITURES:
Personnel Service 1,320,759 1,683,820 1,365,085 2,244,792 2,048,710 -9%
Materials and Supplies 47,120 74,627 62,833 99,478 92,000 -8%
Maintenance and Repairs 109,444 222,816 169,389 297,047 280,000 -6%
Insurance 27,852 52,913 54,062 70,540 72,082 2%
Miscellaneous 6,880 13,764 981 18,350 2,100 -89%
Operations, Services 357,294 442,033 297,338 589,287 327,526 -44%
Capital Outlay 58,764 1,673,638 617,524 2,231,216 1,654,902 -26%
Transfer Out 419,710 552,364 417,485 736,381 736,381 0%
Total Expenditures 2,347,823 4,715,975 2,984,697 6,287,091 5,213,701 -17%
Net Income (Loss)1,974,642$ 59,696$ 790,088$ -$ -$
30
City of Denton
Solid Waste Fund
Schedule of Revenues and Expenditures - Budget vs Projection (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET2 PROJECTION
Beginning Working Capital
and Reserves as of 09/30/221 10,265,395$ 12,140,478$
REVENUES:
Refuse Fees - Residential 3,564,308$ 3,766,260$ 3,697,378$ 5,055,018 4,900,000
Refuse Fees - Commercial 10,984,258 11,108,492 11,298,128 15,029,503 15,000,000
Residential Recycling 4,325,146 4,379,437 4,435,741 5,838,473 5,830,000
Commercial Recycling 1,019,154 1,102,836 1,076,791 1,470,252 1,400,000
Landfill Gate and Material Sales 9,781,972 8,051,130 8,365,586 10,926,374 10,738,142
Recycled Material Sales 50,508 54,272 47,140 72,354 62,000
Asset Sales and Interest Income 429,763 356,298 543,997 475,000 920,000
Other Revenue 278,063 358,206 351,563 487,515 464,000
Total Revenues 30,433,172 29,176,931 29,816,324 39,354,489 39,314,142
EXPENDITURES:
Personnel Service (8,296,138) (9,239,302) (8,633,194) (12,317,395) 12,000,000
Materials and Supplies (304,735) (512,897) (283,860) (728,467) 400,000
Maintenance and Repairs (149,075) (188,396) (157,075) (242,501) 200,000
Insurance (197,098) (516,634) (527,858) (688,750) 703,810
Miscellaneous (26,224) (49,748) (25,035) (66,320) 30,000
Operations, Services (4,405,034) (5,412,592) (5,024,514) (7,179,776) 7,000,000
Capital Outlay (1,933,247) (6,167,253) (7,726,853) (8,221,887) 8,035,000
Debt Service (5,537,839) (2,923,517) (3,712,628) (3,897,501) (3,897,501)
Franchise Fee (1,491,843) (1,253,116) (1,458,407) (1,670,597) 1,790,000
Transfers for Landfill Closure (537,890) (551,857) (552,222) (735,710) 737,000
Admin Transfers Out (4,346,262) (4,468,955) (3,634,323) (5,957,807) 5,963,840
Total Expenditures (27,225,385) (31,284,267) (31,735,969) (41,706,711) 32,962,149
Net Income (Loss)57,658,557$ 60,461,198$ 61,552,293$ 81,061,200 6,351,993
Ending Working Capital
and Reserves 91,326,595$ 18,492,471$
1 The Beginning Working Capital Reserve excludes $12,684,710 Landfill Closure/Post Closure Reserves.
2 Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in the FY 2022-23 budget process.
31
City of Denton
Airport Fund
Schedule of Revenues and Expenditures - Budget vs Projection (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET1 PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/221 2,380,921$ 3,144,635$
OPERATING REVENUES:
Airport Ground Leases 640,778$ 632,874$ 691,493$ 843,719 843,719 0%
FBO Commissions 171,490 176,274 266,364 235,000 310,000 32%
Miscellaneous 63,176 106,515 91,540 142,000 381,554 169%
Total Operating Revenues 875,444 915,663 1,049,398 1,220,719 1,535,273 26%
OPERATING EXPENDITURES:
Personnel Service 287,294 420,357 534,373 560,395 717,850 28%
Materials and Supplies 9,838 35,598 4,013 47,290 23,645 -50%
Maintenance and Repairs 33,101 51,308 16,871 68,400 55,150 -19%
Insurance 21,399 30,475 31,137 40,628 41,516 2%
Miscellaneous - 75 - 100 - -100%
Operations 117,042 213,485 83,643 284,767 235,000 -17%
Transfers Out - Operating 351,394 344,951 402,064 459,873 436,086 -5%
Total Operating Expenses 820,068 1,096,249 1,072,101 1,461,453 1,509,247 3%
Operating (Loss)55,376 (180,586) (22,703) (240,734) 26,026
NON-OPERATING REVENUES:
Investment Income 15,493 7,126 162,320 9,500 196,375 1967%
Gas Well Royalties 410,898 236,461 244,594 315,239 400,000 27%
Recovery of Prior Year Expenses - - - - - -
Gain/Loss on Sale of Fixed Assets - - - - - -
Transfers In - Capital - - - - - -
Total Non-Operating Revenues 426,391 243,587 406,914 324,739 596,375 84%
NON-OPERATING EXPENDITURES:
Debt Service 682,124 552,643 696,461 736,758 737,293 0%
Total Non-Operating Expenses 682,124 552,643 696,461 736,758 737,293 0%
Non-Operating Income (Loss)(255,733)(309,056)(289,547)(412,019)(140,918)
Net Income (Loss)(200,357)$ (489,642)$ (312,251)$ (652,753)(114,892)
Ending Working Capital 1,728,168$ 3,029,743$
1 Annual adopted budget as amended or modified. Beginning Working Capital and Reserves represents the amount which was estimated in the FY 2022-23 budget process.
32
City of Denton
Street Improvement Fund
Schedule of Expenditures - Budget vs Actuals (Unaudited)
For the Period Ended June 30, 2023
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D
BUDGET1 PROJECTION ACTUALS
Beginning Fund Balance
as of 9/30/2023 3,604,008$ 4,503,637$
RESOURCES:
Franchise Fees 11,233,068$ 11,326,510$ 11,506,551$ 15,100,000 15,100,000 0%
Investment Income 21,102 30,004 173,988 40,000 223,000 458%
Transfers In 1,035,656 979,633 988,646 1,306,000 1,315,146 1%
Total Resources 12,289,826 12,336,147 12,669,185 16,446,000 16,638,146 1%
EXPENDITURES:
Personnel Services 2,112,779 2,980,919 2,396,768 3,974,021 3,963,920 0%
Materials and Supplies 81,264 77,037 89,617 102,700 128,249 25%
Maintenance and Repairs 2,852,364 3,264,072 3,824,236 4,288,500 5,385,397 26%
Insurance 94,847 188,790 192,892 251,686 257,189 2%
Miscellaneous 615 3,451 230 4,600 500 -89%
Operations, Services 485,476 821,321 909,196 1,094,947 1,094,947 0%
Transfer Out 856,916 5,675,382 6,198,205 7,629,175 7,633,773 0%
Total Expenditures 6,484,261 13,010,972 13,611,144 17,345,629 18,463,975 6%
Net Income (Loss)5,805,565$ (674,825)$ (941,959)$ (899,629)$ (1,825,829)$
Ending Fund Balance 2,704,379 2,677,808
1Annual adopted budget as amended or modified.
Beginning Fund Balance represents the amount which was estimated in the FY 2022-23 budget process.
33
City of Denton
Grants
Schedule of Expenditures (Unaudited)
For the Period Ended June 30, 2023
GRANT DESCRIPTION
EXPENDITURES
AS OF 9/30/20221
CURRENT
Y-T-D
ANNUAL
BUDGET
FY 2022-23 Budget
US Dept of HUD -
Community Development Block Grant(CDBG)7,596,208$ 809,483$ 2,213,541$
US Dept of HUD -
Community Development Block Grant(CDBG)-
CARES ACT 1,149,400 147,864 518,604
US Dept of HUD -
HOME Investment Partnership Program 6,106,583 317,231 1,152,349
US Dept of HUD -
HOME Investment Partnership Program ARP ACT - 2,500 1,763,622
Community Development1 14,852,191 1,277,078 5,648,116
National Sexual Assault Kit Initiative Grant 172,308 234,756 363,189
Edward Byrne Memorial Justice Assistance Grant 52,618 - 52,620
2021 UASI-Specialized Regional Response Teams
Sustainment 60,823 30,109 50,470
2021 UASI-Regional Warning Siren Cyber Security 42,975 - 43,693
2019 Staffing for Adequate Fire & Emergency
Response (SAFER) Grant 449,336 245,785 661,337
2020 Staffing for Adequate Fire & Emergency
Response (SAFER) Grant 188,854 245,732 889,826
2021 Staffing for Adequate Fire & Emergency
Response (SAFER) Grant - - 3,731,676
Urban Search & Rescue Response System (TEEX)- 289,363 150,000
Texas Intrastate Fire Mutual Aid System-Emergency
Response - - 50,000
Public Safety1 966,914 1,045,745 5,992,811
Airport Maintenance (RAMP) Grant - 9,368 50,000
TxDot-RTR-Mayhill Rd-IH35 E to US 380 53,325,009 422,620 11,835,375 TxDot-RTR-Mayhill Road South of Spencer Road to
IH35 East - 1,550,596 4,000,000
TxDot-RTR-Bonnie Brae Rd-IH35 E to US 377 31,223,854 114,815 18,593,648
TxDot-IH35E at Loop 288/Lillian Miller Pkwy - - 53,865
TxDot-RTR-McKinney (Formerly FM426) 16,685,450 107,499 1,666,138
TxDot-RTR-Hickory Creek FM2181-FM2499 2,047,547 - 352,453 TxDot-RTR-Hickory Creek FM 1830 to Riverpass
Drive - 1,812,952 10,000,000
TxDot-RTR-North Texas Boulevard Roundabout 394,465 812,964 1,632,707
Sycamore-Welch Bike & Pedestrian 126,560 - 689,991
CMAQ-School Connection Sidewalks 75,520 - 329,246 Safe Routes to School-Ginnings & Lee Elementary
Schools 108,400 - 707,940
Denton County Transportation Authority (DCTA)
Transportation Reinvestment Program (TRiP) - - 2,517,997
Airport Coronavirus Relief Grant Program - 34,162
American Rescue Plan (ARP) Act of 2021 - Airport
Rescue Grants - 148,000 148,000
Transportation1 103,986,805 4,978,814 52,611,522
34
City of Denton
Grants
Schedule of Expenditures (Unaudited)
For the Period Ended June 30, 2023
GRANT DESCRIPTION
EXPENDITURES
AS OF 9/30/20221
CURRENT
Y-T-D
ANNUAL
BUDGET
Interlibrary Loan Program (ILL) - - 35,000
Texas Reads Grant - 7,020 7,252
Green Ribbon Grant 571,281 30,524 313,110
NCTCOG-Solid Waste Implementation Grant-Parks
& Recreation 199,447 - 199,836
NCTCOG-Solid Waste Implementation Grant-Solid
Waste 13,223 47,500 60,723
Governor's Community Achievement Award - - 290,000
American Rescue Plan (ARP) Act of 2021 7,941,394 4,540,435 18,259,252
Miscellaneous New Grants - - 1,400,000
Other 8,725,345 4,625,479 20,565,173
Total FY 2022-23 Budget 128,531,255 11,927,116 84,817,622
New Awards
Federal Equitable Sharing - 46,000 46,000
Chapter 59 Asset Forfeitures - 39,416 39,416
U.S. Marshals Violent Offenders Task Force 64,492 64,492
North Texas Organized Crime Task Force (NTOCTF)6,098 6,098
U.S. Immigration & Customs Enforcement Homeland
Security Investigations 357 357
FY2021 Improving Criminal Justice Responses 35,254 26,440 26,440
Texas Department of Public Safety's Texas Division of
Emergency Management (TDEM)-Winter Storm - 1,753 1,753
2022 SHSP-Hazmat Dry Decon Kit - 13,291 13,291
DWI Phlebotomy Program - 26,583 26,583
Police-Law Enforcement Officer Standards &
Education 4,716 4,716
Fire-Law Enforcement Officer Standards &
Education 25 25
Public Safety 35,254 229,171 229,171
TxDot-Bonnie Brae-Windsor Drive to US 77 - 396,631 396,631
Transportation - 396,631 396,631
Rural Texas Women at Work - 600 600
Eco-poetry: A Community-Based Discussion Series - 1,500 1,500
Other - 2,100 2,100
Total New Awards 35,254 627,902 627,902
TOTALS 128,566,509$ 12,555,018$ 85,445,524$
35
City of Denton
Grants
Schedule of Expenditures (Unaudited)
For the Period Ended June 30, 2023
GRANT DESCRIPTION
EXPENDITURES
AS OF 9/30/20221
CURRENT
Y-T-D
ANNUAL
BUDGET
1 A portion of the grants presented cover multiple years.
36
Section 3
City of Denton
Quarterly Financial Report
June 2023
REVENUE & ECONOMIC
ANALYSIS
37
Texas Leading Indicators Index Outlook Negative
Source: Federal Reserve Bank of Dallas
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 by 1.03%from the prior quarter and
decreased by 6.62% from the 3rd Quarter of 2022. Staff has rated this indicator as negative.
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
Texas Leading Indicators Index
38
National Economic Trends
Period Ending June 30, 2023
Gross Domestic Product (GDP)
The initial reading of second quarter GDP came
in at a +2.4% quarter-over-quarter annualized
rate, topping the +1.8% median forecast.
Personal consumption rose +1.6 during the
quarter, indicating that consumer spending had
slowed, but remains quite positive. The biggest
surprise was a +7.7% rise in business investment
as U.S. companies gained confidence and
invested heavily in structures and equipment.
Business inventories, which plunged in the
previous quarter and were expected to rebound
significantly, edged up by just +0.1%. Residential
investment (housing) was expected to rise
slightly, but actually fell -4.2%. The ongoing
resilience of the American economy may be
frustrating Fed officials, who are hoping to slow
consumer demand and by extension reduce the
number of available jobs, but investors are now
sensing that a soft-landing may be possible.
Employment: Non-farm Payrolls
U.S. businesses added +209k jobs to company
payrolls in June, slightly below the +230k median
forecast. This followed revised gains of +306k and
+217k in the previous two months and brought
the average for the quarter down from +344k in
Q1 to +267k. Private payrolls added just +196k
jobs in June, the fewest since late 2020. The
unemployment rate declined from 3.7% to 3.6%,
while the total number of unemployed workers
actively seeking work decreased from 6.1 million
to 6.0 million. Another 5.4 million Americans
would like a job but had not looked for work
within past 30 days. There is still a significant
mismatch between the 9.8 million job postings
from the most recent JOLTS report and the six
million Americans seeking work. This mismatch
has kept pressure on wages as hourly earnings
rose +0.4% in June driving the annual rate up
from +4.2% to +4.4%. Until wage growth slows,
inflation will linger.
Gross Domestic Product (Quarter-over-Quarter Annualized Percent Change)
Source: Bureau of Economic Analysis
-4%
-2%
0%
2%
4%
6%
8%Consumption
Business Fixed Investment
Residential Investment
Inventories
Net Exports
Government Spending
GDP
Q1 2023
Q4 2022
Q2 2023
Q3 2022
Q3 2022
Q3 2022
Non-Farm Payrolls Total Change (in thousands)
Source: Bureau of Labor Statistics
904
414
254
364 370
568
352 350 324 290 239
472
248 217 217
306
209
0
100
200
300
400
500
600
700
800
900
1,000
39
Inflation
The overall consumer price index (CPI) rose just
+0.2% in June, below the median forecast
despite a substantial rise in gas prices. Service
inflation contributed more than 60% to the
overall index; within the services component,
shelter costs accounted for over 70%. On a year-
over-year basis, overall CPI was up just +3.0% in
June, down from +4.0% in May and a peak of
+9.1% a year ago. As dramatic as the 12-month
decline has been, annual prices are expected to
decrease at a much slower pace in the coming
months. Energy prices rose +0.6% in June, with
pump prices up +1.0% after falling -5.6% in May.
Over the past 12 months, gas prices are -26.5%
lower. Core CPI rose by just +0.2% in May,
comfortably below the +0.3% median forecast
and the smallest single month increase in core
inflation since August 2021. The year-over-year
core rate was better-than-expected at +4.8%,
the first time since November 2021 the annual
pace was below +5.0%.
Retail Sales
U.S. retail sales rose less than expected in June,
although the still brisk spending pace remains
inconsistent with recession. Eight of 13
categories increased in June, matching the
previous month. Headline sales rose +0.2%,
down from a revised +0.5% increase in May and
well below median forecast. Online sales rose by
a surprising +1.9%, while brick and mortar store
sales fell by -2.4%. Sales at restaurants and bars
rose by just +0.1% after climbing +1.2% in May.
These categories may reflect Americans choosing
to stay home during the hottest June on record.
However, “control group” sales, which exclude
auto dealers, gas stations, building materials
stores and food service establishments rose a
surprising +0.6%, triple the median forecast.
Since the control group number is used in the
quarterly GDP calculation, the second quarter
ended on a slightly higher note. On a year-over-
year basis, the slowdown in spending is more
apparent with a modest +1.7% increase.
Consumer Price Index (Year-over-Year Percent Change)
44865 1.3169 0.013169
Source: Bureau of Labor Statistics
-2%
0%
2%
4%
6%
8%
10%Services
Goods
Food
Energy
CPI-All Items
CPI-Core
Retail Sales (Year-over-Year Percent Change)
Source: US Census Bureau
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%Retail Sales (Y-O-Y)Control Group (Y-O-Y)
40
Texas and Denton County Home Sales
Home sales bounced in the spring months, but generally remained below the sales pace from a year ago. Slightly
lower home prices on a year-over-year basis reflect cooling demand and increased inventories.
Texas home sales rose +33.5% in the second quarter of 2023 but fell -10.8% over the same three-month period a
year ago. The average sales price in June was $434k, sharply lower than $437.8k a year ago. The available home
inventory crept up from 2.7 to 3.2 months during the quarter, well above the record low of 1.0 month inventory
from February 2022. Total Texas home listings at quarter end were 91.2k, up from 78.7k since March.
In Denton County, unit home sales rose +28.9% in the second quarter but were -2.7% lower on a year-over-year
basis. The available supply increased from 1.8 months in March to 2.4 months at the end of June, still well above
the record low of 0.5 months in January-February 2022. Total listings in Denton County climbed from 2.2k to a seven
month high of 2.9k during the quarter. The average sales price in June was $564.4k, up from $525.9k in March, but
below the $572.2 average from a year ago.
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
41
Fuel Prices Outlook Negative
Description: Quarterly fuel trends for the United States and Texas.
Analysis:Fuel prices are a major commodity source in the economy. Studies have shown a positive effect on
disposable income levels when fuel prices decrease.It is estimated that for every penny decrease in the price of
fuel,$1.3 billion is available to the consumer for disposable income. Therefore, the price of fuel is likely to be a key
predictor of sales tax collections. Fuel prices showed a 5.5%increase from the prior quarter at the national level
and a 5.7% increase at the state level. Staff has rated this outlook as negative.
Source: U.S. Department of Energy
$0
$2
$4
$6
$8
$10
$12
$14
$16
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
3Q
'18
4Q
'18
1Q
'19
2Q
'19
3Q
'19
4Q
'19
1Q
'20
2Q
'20
3Q
'20
4Q
'20
1Q
'21
2Q
'21
3Q
'21
4Q
'21
1Q
'22
2Q
'22
3Q
'22
4Q
'22
1Q
'23
2Q
'23
3Q
'23 MillionsDollarsFuel Prices
Sales Tax Texas Fuel Prices US Fuel Prices
42
Municipal Cost Index Outlook Negative
Description:The Municipal Cost Index was developed to show the rate of inflation for the cost of goods purchased
frequently by local governments. The MCI draws on the monthly statistical data collected by the U.S. Departments
of Commerce and Labor as well as independently compiled data to project a composite cost picture for the
municipal budget officer or operating department manager. Costs of labor, materials and contract services are all
factored into the composite MCI. Major indicators of these items used for the MCI include the Consumer Price
Index, the Wholesale Price Index for Industrial Commodities (now known as the Producer Price Index) and the
construction cost indexes published by the U.S. Department of Commerce, respectively.
Analysis:The Municipal Cost Index (MCI) pulls a variety of prices for frequently purchased commodities for local
governments. The cost for labor, materials and contract services are factored for the MCI.An increase in MCI
means the overall price mix for these types of commodities will cost local governments more to do routine
business. The 3rd Quarter of 2022-23 shows a increase of 0.8 for a 0.26% increase over the prior quarter and an
increase of 2.0 for a 0.67% increase over the 3rd Quarter of 2021-22. Staff has rated this indicator as negative.
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.
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
3Q '20 4Q '20 1Q '21 2Q '21 3Q '21 4Q '21 1Q '22 2Q '22 3Q '22 4Q '22 1Q '23 2Q '23 3Q '23
Municipal Cost Index
43
Hotel Occupancy Tax Analysis Outlook Positive
3rd Quarter FY 2022-23
Actual Y-T-D
Occupancy Tax Revenue:1,077,117$ 2,932,060$
FY 2022-23 Budget 931,586$ 2,565,486$
Over (Under) Budget 145,532$ 366,574$
Hotel Occupancy Tax Budget:3,470,152$
3,875,000$
Variance:404,848$
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 3rd Quarter of FY 2023 was 9.77% more than budget and 10%more than the
prior year's actual. Hotel receipts continue to increase to higher than pre COIVD-19 pandemic levels. Staff has rated
the outlook for this economic indicator as Positive.
FISCAL YEAR FORECAST
End of Year Projection:
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
Hotel Occupancy Tax Collections
FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23
44
Sales and Use Tax Analysis Outlook Positive
3rd Quarter FY 2022-23
Actuals Y-T-D
Revenue: Gross Sales Tax
Municipal Operations 468,186$ 1,393,827$
General Retail & Others 14,548,686 41,848,399
Comptroller Fees (285,565) (821,142)
Amount Retained (279,855) (804,722)
Total Revenue 14,451,452$ $41,616,362
Expenses: Economic Incentives*
Economic Incentives1 867,615$ 2,477,050$
Net Total 13,583,837 39,139,312
FY 2022-23 Budget 13,418,922 38,978,808
Over(Under) Budget 164,915$ 160,504$
Sales Tax Budget:54,722,022$
Year End Projection:55,025,949
Variance to Original Budget:303,927$
Economic Development Expenditure Budget:3,607,336$
Year End Projection:3,446,834
Variance to Original Budget:(160,502)$
* Economic Incentive actuals are June 2023
1. Includes Unicorn Lake, Rayzor Ranch, Golden Triangle Mall, O'Reilly Hospitality, and Buc-ee's.
Description:Tax imposed on all retail sales, leases, and rentals of most goods,as well as taxable services. The total tax rate levied within
the City is 8.25% (State, 6.25%; City, 1.5%; DCTA, 0.5%).
Analysis:As the second largest revenue source to the City's General Fund, sales and use taxes are essential to the delivery of services to
the community. Sales tax revenues through the 3rd quarter of FY 2023 compared to revenues from the prior year 3rd quarter shows a
11.17% increase; and compared to the budget, it is 1.23% above. Staff has rated this indicator as Positive.
$0.0
$2,000,000.0
$4,000,000.0
$6,000,000.0
$8,000,000.0
$10,000,000.0
$12,000,000.0
1 2 3 4
Gross Sales Tax Collections (Millions)
FY 2018-19 Actual FY 2019-20 Actual FY 2020-21 Actual FY 2021-22 Actual FY 2022-23 Actual
45
Certificates of Occupancy Outlook Negative
Source: City of Denton's Development Services Department.
Description:Certificates of Occupancy (CO) are permits issued in compliance with the 2012 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,
zoning, 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 30.68%from the prior quarter and decreased 27.38%
from the second quarter of 2023. Staff has rated the outlook for this revenue indicator as negative
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
160.0
2Q
'18
3Q
'18
4Q
'18
1Q
'19
2Q
'19
3Q
'19
4Q
'19
1Q
'20
2Q
'20
3Q
'20
4Q
'20
1Q
'21
2Q
'21
3Q
'21
4Q
'21
1Q
'22
2Q
'22
3Q
'22
4Q
'22
1Q
'23
2Q
'23
3Q
'23
Certificates of Occupancy
46
Residential Permits Outlook Positive
Source: City of Denton's Development Services Department.
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 increased from the prior quarter by 9.68%and decreased 14.47%from the
3rd Quarter of 2022. Staff has rated the outlook for this revenue indicator as positive.
0.0
50.0
100.0
150.0
200.0
250.0
300.0
350.0
400.0
450.0
1Q
'18
2Q
'18
3Q
'18
4Q
'18
1Q
'19
2Q
'19
3Q
'19
4Q
'19
1Q
'20
2Q
'20
3Q
'20
4Q
'20
1Q
'21
2Q
'21
3Q
'21
4Q
'21
1Q
'22
2Q
'22
3Q
'22
4Q
'22
1Q
'23
2Q
'23
3Q
'23
Residential Permits
47
Section 4
City of Denton
Quarterly Financial Report
June 2023
INVESTMENT REPORT
48
3rd Fiscal Quarter Ending June 30, 2023 Page 1
,19(670(17322/
3ROLF\
3DU 0DUNHW %RRN 8QUHDOL]HG 0D[%HQFKPDUN
3RUWIROLR 9DOXH 9DOXH 9DOXH *DLQ /RVV :$0 :$0 <70 <LHOG
,QYHVWPHQW3RRO%HJLQ4
,QYHVWPHQW3RRO(QG4
*Market yield on U.S. Treasury securities at
1-year constant maturity, quoted on investment basis RI7RWDO
3DU 0DUNHW %RRN 8QUHDOL]HG 3RUWIROLR 3ROLF\
6HFXULWLHV%\,QYHVWPHQW7\SH 9DOXH 9DOXH 9DOXH *DLQ /RVV :$0 <70 %RRN9DOXH 0D[
867UHDVXULHV&RXSRQ
867UHDVXULHV%LOOV
86)HGHUDO$JHQFLHV&RXSRQ
86)HGHUDO$JHQFLHV&DOODEOH
&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
7RWDO3RUWIROLR
&XUUHQW 0RQWKV$JR 0RQWK <HDU$JR
,QYHVWPHQW3RRO&RPSDULVRQV 'LIIHUHQFH
3DU9DOXH
0DUNHW9DOXH
%RRN9DOXH
8QUHDOL]HG*DLQ /RVV
:HLJKWHG$YHUDJH0DWXULW\
<LHOGWR0DWXULW\
3RUWIROLR&RPSRVLWLRQ
867UHDVXULHV&RXSRQ
867UHDVXULHV%LOOV
86)HGHUDO$JHQFLHV$PRUWL]LQJ
86)HGHUDO$JHQFLHV&RXSRQ
86)HGHUDO$JHQFLHV&DOODEOH
&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
%DQN&ROODWHUDO5HYLHZ
,QVWLWXWLRQ &ROODWHUDO7\SH 0DUNHW9DOXH &ROOHFWHG%DODQFH &ROODWHUDO5DWLR
:HOOV)DUJR'HPDQG'HSRVLWV %1<0HOORQ 86$JHQF\0%6 !
'HSRVLWRU\/HGJHU%DODQFH5HYLHZ ,QVWLWXWLRQ $FFRXQW7\SH%HJLQQLQJ%DO 'HSRVLWV (QGLQJ%DO
:HOOV)DUJR%DQN &KHFNLQJ
:HOOV)DUJR%DQN $53$)XQGV
&RPSOLDQFH6WDWHPHQW 5HYLHZ
Controller
5HYLHZHU
Assistant City Manager Assistant Director of Finance
5HYLHZHU 9LV%RXDSKDQWKDYRQJ
3UHSDUHU 5DQGHH.OLQJHOH
Treasury Manager
9DFDQW
:LWKGUDZDOV
7KH 4XDUWHUO\ ,QYHVWPHQW 5HSRUW LV LQ IXOO FRPSOLDQFH ZLWK WKH REMHFWLYHV UHVWULFWLRQV DQG VWUDWHJLHV DV VHW IRUWK LQ WKH &LW\ RI
'HQWRQ
V,QYHVWPHQW3ROLF\DQGWKH3XEOLF)XQGV,QYHVWPHQW$FW 7H[DV*RYHUQPHQW&RGH&KDSWHU
$SSURYHU &DVVH\2JGHQ
3OHGJH5HTXLUHG
&,7<2)'(1721 48$57(5/<,19(670(175(3257
<HDU$JR
'LIIHUHQFH
8QUHDOL]HG JDLQ ORVV LV WKH GLIIHUHQFH EHWZHHQ WKH PDUNHW DQG ERRN YDOXH DQG GRHV QRW UHSUHVHQW DQ DFWXDO JDLQ RU ORVV *DLQV
DQG ORVVHV DUH UHDOL]HG RQO\ ZKHQ D VHFXULW\ LV VROG SULRU WR PDWXULW\ 6LQFH LW LV WKH &LW\
V SUDFWLFH WR KROG LQYHVWPHQWV XQWLO WKH\
PDWXUHWKHWHPSRUDU\JDLQVDQGORVVHVDUHXQOLNHO\WREHUHDOL]HG
49
3rd Fiscal Quarter Ending June 30, 2023 Page 2
,19(670(17322/
&XUUHQW 0RQWKV$JR 0RQWK <HDU$JR <HDU
'LIIHUHQFH 'LIIHUHQFH
3DU9DOXH867UHDVXULHV&RXSRQ
3DU9DOXH867UHDVXULHV%LOOV
3DU9DOXH86)HGHUDO$JHQFLHV$PRUWL]LQJ
3DU9DOXH86)HGHUDO$JHQFLHV&RXSRQ
3DU9DOXH86)HGHUDO$JHQFLHV&DOODEOH
3DU9DOXH&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
7RWDO3DU9DOXH
0DUNHW9DOXH867UHDVXULHV&RXSRQ
0DUNHW9DOXH867UHDVXULHV%LOOV
0DUNHW9DOXH86)HGHUDO$JHQFLHV$PRUWL]LQJ
0DUNHW9DOXH86)HGHUDO$JHQFLHV&RXSRQ
0DUNHW9DOXH86)HGHUDO$JHQFLHV&DOODEOH
0DUNHW9DOXH&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
7RWDO0DUNHW9DOXH
%RRN9DOXH867UHDVXULHV&RXSRQ
%RRN9DOXH867UHDVXULHV%LOOV
%RRN9DOXH86)HGHUDO$JHQFLHV$PRUWL]LQJ
%RRN9DOXH86)HGHUDO$JHQFLHV&RXSRQ
%RRN9DOXH86)HGHUDO$JHQFLHV&DOODEOH
%RRN9DOXH&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
7RWDO%RRN9DOXH
$FFUXHG,QWHUHVW
&DVK9DOXH
7RWDO0DUNHW9DOXH$FFUXHG,QWHUHVW
8QUHDOL]HG*DLQ /RVV
6WUDWHJ\6WDWHPHQW
8QUHDOL]HG JDLQ ORVV LV WKH GLIIHUHQFH EHWZHHQ WKH PDUNHW DQG ERRN YDOXH DQG GRHV QRW UHSUHVHQW DQ DFWXDO JDLQ RU ORVV *DLQV DQG
ORVVHV DUH UHDOL]HG RQO\ ZKHQ D VHFXULW\ LV VROG SULRU WR PDWXULW\ 6LQFH LW LV WKH &LW\
V SUDFWLFH WR KROG LQYHVWPHQWV XQWLO WKH\ PDWXUH
WKHWHPSRUDU\JDLQVDQGORVVHVDUHXQOLNHO\WREHUHDOL]HG
7KHLQYHVWPHQWSRUWIROLRLVDQDJJUHJDWLRQRIWKHPDMRULW\RI&LW\IXQGVZKLFKPD\LQFOXGHWD[UHFHLSWVHQWHUSULVHIXQGUHYHQXHVILQ
DQG IHH LQFRPH DV ZHOO DV VRPH EXW QRW QHFHVVDULO\ DOO ERQG SURFHHGV JUDQWV JLIWV DQG HQGRZPHQWV 7KLV SRUWIROLR LV PDLQWDLQHGWR
PHHW DQWLFLSDWHG GDLO\ FDVK QHHGV IRU WKH &LW\
V RSHUDWLRQV FDSLWDO SURMHFWV DQG GHEW VHUYLFH ,Q RUGHU WR PHHW WKHVH REOLJDWLRQVDQG WR
PLQLPL]HSRWHQWLDO OLTXLGDWLRQORVVHV WKH GROODUZHLJKWHGVWDWHG DYHUDJH PDWXULW\RI WKH LQYHVWPHQWSRRO VKDOO QRW H[FHHG \HDUV RU
GD\V 7KH REMHFWLYHV RI WKLV SRUWIROLR DUH WR HQVXUH VDIHW\ RI SULQFLSDO E\ LQYHVWLQJLQ RQO\ KLJK TXDOLW\ VHFXULWLHV IRU ZKLFK D
VWURQJ VHFRQGDU\ PDUNHW H[LVWV HQVXUH WKDW DQWLFLSDWHG FDVK IORZ QHHGV DUH PDWFKHG ZLWK DGHTXDWH LQYHVWPHQWOLTXLGLW\ OLPLW
PDUNHW DQG FUHGLW ULVN WKURXJKGLYHUVLILFDWLRQ DQG DWWDLQ WKH EHVW IHDVLEOH \LHOG FRPPHQVXUDWHZLWK WKH REMHFWLYHV DQG UHVWULFWLRQV
VHWIRUWKLQWKH,QYHVWPHQW3ROLF\
&,7<2)'(1721 48$57(5/<,19(670(175(3257
50
UG)LVFDO4XDUWHU(QGLQJ-XQHPage 3
,19(670(17322/
%DVHGRQ%RRN9DOXH
&XUUHQW 0RQWKV$JR <HDU$JR
6XPPDU\%\6HFXULW\7\SH
867UHDVXULHV&RXSRQ
867UHDVXULHV%LOOV
86)HGHUDO$JHQFLHV$PRUWL]LQJ
86)HGHUDO$JHQFLHV&RXSRQ
86)HGHUDO$JHQFLHV&DOODEOH
&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
7RWDO%RRN9DOXH
2EMHFWLYH
&XUUHQW 0RQWKV$JR <HDU$JR
6XPPDU\%\6HFXULW\7\SH
867UHDVXULHV&RXSRQ
867UHDVXULHV%LOOV
86)HGHUDO$JHQFLHV$PRUWL]LQJ
86)HGHUDO$JHQFLHV&RXSRQ
86)HGHUDO$JHQFLHV&DOODEOH
&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
7RWDO
&,7<2)'(1721 48$57(5/<,19(670(175(3257
7KH SRUWIROLR LV UHVWULFWHG WR 86 7UHDVXULHV DQG DJHQF\ VHFXULWLHV PDWXULQJ LQ OHVV WKDQ ILYH \HDUV PXQLFLSDO ERQGV UDWHG $$ RU EHWWHU PDWXULQJLQ
OHVV WKDQ WKUHH \HDUV LQVXUHG FROODWHUDOL]HG RU VWDQGE\ OHWWHU RI FUHGLW EDFNHG FHUWLILFDWHV RI GHSRVLW PDWXULQJ LQ OHVV WKDQ WKUHH \HDUV
FROODWHUDOL]HG UHSXUFKDVH DJUHHPHQWV PDWXULQJ LQ OHVV WKDQ WKLUW\ GD\V FRPPHUFLDO SDSHU UDWHG $3 RU EHWWHU PDWXULQJ LQ OHVV WKDQ GD\V
DQGORFDOJRYHUQPHQWSRROV 6(&UHJLVWHUHGJRYHUQPHQWPRQH\PDUNHWPXWXDOIXQGV ZHLJKWHGDYHUDJHPDWXULW\RIOHVVWKDQGD\V
867UHDVXULHV &RXSRQ
867UHDVXU\ %LOOV
86)HGHUDO$JHQFLHV &RXSRQ
86)HGHUDO$JHQFLHV &DOODEOH&RPPHUFLDO3DSHU
/RFDO*RYHUQPHQW,QYHVWPHQW3RROV
'HPDQG'HSRVLWV
&XUUHQW
51
3rd Fiscal Quarter Ending June 30, 2023 Page 4
,19(670(17322/
%DVHGRQ%RRN9DOXH
&XUUHQW 0RQWKV$JR <HDU$JR
6XPPDU\%\,VVXHU
8675($685<
))&%
)+/%
)10$
-3025*$1&3
5%&&3
72<27$02725&5(',7&253&3
&2/80%,$81,9(56,7<&3
7(;322/
7(;67$5
:(//6)$5*2'(0$1''(326,76
7RWDO%RRN9DOXH
2EMHFWLYH
&XUUHQW0RQWKV$JR <HDU$JR
8675($685<
))&% )+/%
)10$
-3025*$1&3
5%&&3
72<27$02725&5(',7&253&3
&2/80%,$81,9(56,7<&3
7(;322/
7(;67$5
:(//6)$5*2'(0$1''(326,76
7RWDO
&,7<2)'(1721 48$57(5/<,19(670(175(3257
,QYHVWPHQW7\SH/LPLWV 86*RYHUQPHQW 86*RYHUQPHQW$JHQF\ PD[LPXPRILQ&DOODEOHDJHQFLHV 0XQLFLSDOREOLJDWLRQV /*,3V
*RY
W /*,3V3ULPH 5HSR &'
V 6DYLQJV'HSRVLWV 86*RY
W0RQH\0DUNHW0XWXDO)XQGV &RPPHUFLDO3DSHU PD[
SHULVVXHU ´7KHSXUSRVHRIWKLVUHTXLUHPHQWLVWROLPLWPDUNHWDQGFUHGLWULVN6RPHLQYHVWPHQWW\SHVPD\EHIXUWKHUOLPLWHG
8675($685<
))&%
)+/%
)10$-3025*$1&3
5%&&3
72<27$&3
7(;322/
7(;67$5
:(//6)$5*2'(0$1''(326,76
&XUUHQW
52
3rd Fiscal Quarter Ending June 30, 2023 Page 5
INVESTMENT POOL
(Based on Par Value)
&XUUHQW 0RQWKV$JR <HDU$JR
0DWXULW\7LPH)UDPH
0RQWKV
0RQWKV
0RQWKV
0RQWKV
0RQWKV 2YHU
7RWDO3DU9DOXH
2EMHFWLYH
&XUUHQW 0RQWKV$JR <HDU$JR
0DWXULW\7LPH)UDPH
0RQWKV
0RQWKV
0RQWKV
0RQWKV
0RQWKV 2YHU
7RWDO
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
7KHULVNRIPDUNHWSULFHYRODWLOLW\LVPLQLPL]HGWKURXJKPDWXULW\GLYHUVLILFDWLRQ,QYHVWPHQWPDWXULWLHVDUHVWDJJHUHGWR
SURYLGHFDVKIORZVEDVHGRQWKHDQWLFLSDWHGQHHGVRIWKH&LW\/LTXLGLW\LVDFKLHYHGE\PDWFKLQJLQYHVWPHQWPDWXULWLHV
ZLWKIRUHFDVWHGFDVKGLVEXUVHPHQWVDQGE\LQYHVWLQJLQVHFXULWLHVZLWKDFWLYHVHFRQGDU\PDUNHWV6KRUWWHUPORFDO
JRYHUQPHQWLQYHVWPHQWSRROVDQGJRYHUQPHQWPRQH\PDUNHWPXWXDOIXQGVKHOSWRSURYLGHGDLO\OLTXLGLW\DQGPD\EH
XWLOL]HGDVDFRPSHWLWLYHDOWHUQDWLYHWRRWKHUIL[HGLQFRPHLQYHVWPHQWV
&XUUHQW 0RQWKV$JR <HDU$JR
0RQWKV 0RQWKV 0RQWKV 0RQWKV 2YHU
53
3rd Fiscal Quarter Ending June 30, 2023 Page 6
ECONOMIC SUMMARY
Interest Rate History
'HF 0DU -XQ 6HS 'HF 0DU -XQ 6HS 'HF 0DU -XQ 6HS
0DUNHW6HFWRU
$YJ $YJ $YJ $YJ $YJ $YJ $YJ $YJ $YJ $YJ $YJ $YJ
)HG)XQGV HIIHFWLYH
0RQWK867%LOO
<HDU8671RWH
3RUWIROLR%HQFKPDUN )5%
3RUWIROLR<LHOG
'HF 0DU -XQ 6HS 'HF 0DU -XQ 6HS
0DUNHW6HFWRU
$YJ $YJ $YJ $YJ $YJ $YJ $YJ $YJ
)HG)XQGV HIIHFWLYH
0RQWK867%LOO
<HDU8671RWH
3RUWIROLR%HQFKPDUN )5%
3RUWIROLR<LHOG
*Source: Hilltop Securities
\UFRQVWPW\
)LVFDO<HDU
QUARTERLY COMMENTARY
Staff Analysis
VW4XDUWHU
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
)LVFDO<HDU )LVFDO<HDU
)LVFDO<HDUWR'DWH(DUQLQJV
)LVFDO<HDU
)LVFDO<HDU
7KHSRUWIROLRLVLQFRPSOLDQFHZLWKWKH&LW\
V,QYHVWPHQW3ROLF\'XULQJWKHWKLUGTXDUWHUHLJKWLQYHVWPHQWVPDWXUHG
WRWDOLQJPLOOLRQDQGHLJKWLQYHVWPHQWVZHUHSXUFKDVHGWRWDOLQJPLOOLRQ7KHSRUWIROLR\LHOGLVXS
\HDURYHU\HDUDQGTXDUWHURYHUTXDUWHU7KHSRUWIROLR\LHOGODJJHGWKHEHQFKPDUN\HDUFRQVWDQWPDWXULW\86
7UHDVXU\E\ EDVLVSRLQWV7KLVODJLVGXHWRWKHFRQWLQXHGVSLNHLQVKRUWWHUPUDWHVFDXVHGE\)HGWLJKWHQLQJ7KH
ZHLJKWHGDYHUDJHPDWXULW\ZDVGD\VDQGWKHODVWGD\RIWKHPRQWKOLTXLGLW\ZDV6WDIIZLOOFRQWLQXHWR
PRQLWRUWKHLQYHVWPHQWSRUWIROLRDQGHQVXUHFRPSOLDQFHZLWKWKH&LW\
V,QYHVWPHQW3ROLF\DQGWKH3XEOLF)XQGV
,QYHVWPHQW$FW
)LVFDO<HDU
0RQWKV 0RQWKV 0RQWKV 0RQWKV
QG4XDUWHU
UG4XDUWHU WK4XDUWHU
-XQ6HS'HF0DU -XQ 6HS 'HF 0DU-XQ6HS'HF0DU-XQ6HS'HF0DU-XQ6HS'HF0DU-XQ
)HG)XQGV 0RQWK7%LOO <HDU71RWH 3RUWIROLR%HQFKPDUN
3RUWIROLR<LHOG
)< )< )<)<)<
54
Days to
Maturity
Page 1
Par Value Book Value Maturity
Date
Stated
RateMarket Value
June 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly Reports
YTM
365CUSIPInvestment #Purchase
Date
Treasury Discounts -Amortizing
131TREASURY BILL4196 5,000,000.00 4,910,574.31 11/09/20234.91505/16/2023 4,906,761.65 5.192912797FJ1
146TREASURY BILL4198 10,000,000.00 9,790,733.33 11/24/20235.16005/25/2023 9,792,740.00 5.462912797FL6
131TREASURY BILL4200 10,000,000.00 9,809,136.64 11/09/20235.24506/06/2023 9,813,523.30 5.517912797FJ1
159TREASURY BILL4201 10,000,000.00 9,770,664.59 12/07/20235.19306/08/2023 9,772,840.60 5.482912797FT9
34,281,108.87 5.44534,285,865.5535,000,000.0030,309,015.79Subtotal and Average 143
Treasury Securities - Coupon
14U.S. TREASURY4146 10,000,000.00 9,992,011.34 07/15/20230.12506/02/2022 9,983,431.20 2.244912828ZY9
335U.S. TREASURY4148 10,000,000.00 9,935,574.12 05/31/20242.50006/14/2022 9,739,062.50 3.23191282CER8
45U.S. TREASURY4151 20,000,000.00 19,988,085.47 08/15/20232.50006/22/2022 19,933,780.40 2.993912828VS6
229U.S. TREASURY4153 10,000,000.00 9,975,374.43 02/15/20242.75006/22/2022 9,836,718.80 3.155912828B66
122U.S. TREASURY4154 10,000,000.00 9,995,137.12 10/31/20232.87506/28/2022 9,919,140.60 3.0239128285K2
152U.S. TREASURY4155 10,000,000.00 9,993,719.95 11/30/20232.87506/28/2022 9,898,046.90 3.0299128285P1
229U.S. TREASURY4156 20,000,000.00 19,961,941.22 02/15/20242.75006/28/2022 19,673,437.60 3.063912828B66
304U.S. TREASURY4157 10,000,000.00 9,950,520.83 04/30/20242.50006/28/2022 9,760,156.20 3.11591282CEK3
243U.S. TREASURY4159 10,000,000.00 9,957,342.14 02/29/20242.37507/26/2022 9,801,562.50 3.0359128286G0
411U.S. TREASURY4160 10,000,000.00 9,929,880.99 08/15/20242.37507/26/2022 9,673,437.50 3.022912828D56
396U.S. TREASURY4165 10,000,000.00 9,883,072.56 07/31/20242.12508/10/2022 9,655,468.80 3.2489128282N9
411U.S. TREASURY4166 10,000,000.00 9,905,547.83 08/15/20242.37508/10/2022 9,673,437.50 3.249912828D56
229U.S. TREASURY4168 20,000,000.00 19,930,534.57 02/15/20242.75008/18/2022 19,673,437.60 3.323912828B66
396U.S. TREASURY4169 5,000,000.00 4,982,101.38 07/31/20243.00008/18/2022 4,872,851.55 3.34391282CFA4
229U.S. TREASURY4175 10,000,000.00 9,897,092.54 02/15/20242.75010/11/2022 9,836,718.80 4.459912828B66
229U.S. TREASURY4177 10,000,000.00 9,897,220.19 02/15/20242.75010/13/2022 9,836,718.80 4.457912828B66
503U.S. TREASURY4180 10,000,000.00 9,698,794.48 11/15/20242.25011/03/2022 9,601,953.10 4.567912828G38
396U.S. TREASURY4182 10,000,000.00 9,844,319.33 07/31/20243.00011/16/2022 9,745,703.10 4.50591282CFA4
319U.S. TREASURY4188 10,000,000.00 9,789,755.99 05/15/20242.50002/16/2023 9,750,390.60 5.010912828WJ5
76U.S. TREASURY4189 10,000,000.00 9,902,172.62 09/15/20230.12502/17/2023 9,897,887.90 4.97891282CAK7
45U.S. TREASURY4190 10,000,000.00 9,941,569.92 08/15/20230.12502/17/2023 9,939,415.50 4.94091282CAF8
233,351,769.02 3.558230,702,757.45235,000,000.00237,902,186.92Subtotal and Average 238
Federal Agency Issues - Coupon
51FFCB401310,000,000.00 9,999,972.22 08/21/20232.57002/21/2019 9,960,798.30 2.5723133EKAU0
345FFCB414910,000,000.00 9,942,379.92 06/10/20242.62506/16/2022 9,743,456.30 3.2623133ENYH7
249FFCB417215,000,000.00 14,994,078.69 03/06/20243.62509/06/2022 14,813,816.10 3.6853133ENK33
474FFCB41784,575,000.00 4,561,890.79 10/17/20244.37510/25/2022 4,502,526.05 4.6093133ENS43
300FFCB418710,000,000.00 9,997,377.78 04/26/20244.75001/26/2023 9,936,999.60 4.7893133EN7D6
618FFCB419315,000,000.00 14,982,453.19 03/10/20255.00003/10/2023 14,964,629.10 5.0743133EPCW3
69FHLB415220,000,000.00 19,973,876.15 09/08/20232.37506/22/2022 19,884,188.20 3.0943130A3DL5
Portfolio CITY
APData Updated: SET_MO: 07/12/2023 10:26
Run Date: 07/12/2023 - 10:26 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
55
Days to
Maturity
Page 2
Par Value Book Value Maturity
Date
Stated
RateMarket Value
June 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly Reports
YTM
365CUSIPInvestment #Purchase
Date
Federal Agency Issues - Coupon
160FHLB415810,000,000.00 10,010,577.80 12/08/20233.37506/30/2022 9,917,165.50 3.1243130A0F70
251FHLB416110,000,000.00 10,013,071.48 03/08/20243.25007/26/2022 9,852,629.80 3.0523130A0XE5
34FHLB416410,000,000.00 9,997,855.00 08/04/20233.00008/04/2022 9,977,825.80 3.2403130ASV55
160FHLB416720,000,000.00 20,005,521.61 12/08/20233.37508/16/2022 19,834,331.00 3.3073130A0F70
440FHLB417010,000,000.00 9,974,221.25 09/13/20243.25008/29/2022 9,750,350.50 3.4743130AFBC0
349FHLB417110,000,000.00 9,965,905.27 06/14/20243.12508/29/2022 9,812,287.30 3.4963130ASHK8
76FHLB417410,000,000.00 9,994,633.80 09/15/20233.87509/16/2022 9,962,530.40 4.1443130ATDJ3
188FHLB418510,000,000.00 9,994,714.96 01/05/20244.75001/05/2023 9,970,335.40 4.8573130AUFY5
219FHLB418610,000,000.00 9,998,847.69 02/05/20244.85001/05/2023 9,971,405.80 4.8743130AUFF6
312FHLB419510,000,000.00 9,996,708.28 05/08/20244.87505/08/2023 9,946,999.90 4.9153130AVVW9
9FNMA41475,000,000.00 4,997,405.98 07/10/20230.25006/08/2022 4,993,206.30 2.3643135G05G4
199,401,491.86 3.759197,795,481.35199,575,000.00201,088,259.90Subtotal and Average 236
Federal Agency Issues - Callable
541FHLB419910,000,000.00 9,461,696.23 12/23/20241.20006/06/2023 9,408,657.50 5.0313130AQ4B6
9,461,696.23 5.0319,408,657.5010,000,000.007,874,628.37Subtotal and Average 541
Commercial Paper Disc. - Amortizing
41JP MORGAN SECURITIES LLC4181 5,000,000.00 4,971,243.06 08/11/20235.05011/16/2022 4,969,445.00 5.34546640QVB4
254JP MORGAN SECURITIES LLC4202 25,000,000.00 24,047,500.00 03/11/20245.40006/16/2023 23,991,500.00 5.70546640PCB7
2RBC417610,000,000.00 9,997,416.67 07/03/20234.65010/11/2022 9,995,790.00 4.91778009BU34
52RBC41837,500,000.00 7,443,125.00 08/22/20235.25011/25/2022 7,442,340.00 5.56578009BVN9
116TOYOTA MOTOR CREDIT4191 20,000,000.00 19,664,888.89 10/25/20235.20002/22/2023 19,648,800.00 5.49489233HXR0
144TOYOTA MOTOR CREDIT4192 10,000,000.00 9,790,000.00 11/22/20235.25003/01/2023 9,779,760.00 5.60789233HYN8
132TOYOTA MOTOR CREDIT4197 5,000,000.00 4,905,400.00 11/10/20235.16005/16/2023 4,899,510.00 5.48889233HYA6
80,819,573.62 5.49680,727,145.0082,500,000.0080,655,570.02Subtotal and Average 137
Local Govt Investment Pools
1LOCAL GOVT INV POOL - TEXPOOL3996 70,000,000.00 70,000,000.00 5.09170,000,000.00 5.091SYS3996
1LOCAL GOVT INV POOL - TEXSTAR3641 40,000,000.00 40,000,000.00 5.09940,000,000.00 5.099SYS3641
110,000,000.00 5.094110,000,000.00110,000,000.00121,166,666.67Subtotal and Average 1
Demand Deposits
1DEMAND DEPOSITS - WELLS FARGO3706 5,699,507.46 5,699,507.46 1.6505,699,507.46 1.650SYS3706
1DEMAND DEPOSITS - WELLS FARGO4082 0.00 0.0010/01/2022 0.00 0.000SYS4082
1DEMAND DEPOSITS - WELLS FARGO4104 13,964,687.30 13,964,687.30 1.65013,964,687.30 1.650SYS4104
19,664,194.76 1.65019,664,194.7619,664,194.7628,539,184.14Subtotal and Average 1
Portfolio CITY
APData Updated: SET_MO: 07/12/2023 10:26
Run Date: 07/12/2023 - 10:26 PM (PRF_PM2) 7.3.1156
Days to
Maturity
Page 3
Par Value Book Value Stated
RateMarket Value
June 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly Reports
YTM
365CUSIPInvestment #Purchase
Date
4.150707,535,511.81 691,739,194.76 180682,584,101.61 686,979,834.36Total and Average
Portfolio CITY
APData Updated: SET_MO: 07/12/2023 10:26
Run Date: 07/12/2023 - 10:26 PM (PRF_PM2) 7.3.1157
Days to
Maturity
Page 4
Par Value Book Value Stated
RateMarket Value
June 30, 2023
Portfolio Details - Cash
Average
BalanceIssuer
Portfolio Management
Monthly Reports
YTM
365CUSIPInvestment #Purchase
Date
0.00
4.150707,535,511.81 691,739,194.76 180
0Average Balance
682,584,101.61 686,979,834.36Total Cash and Investments
Portfolio CITY
APData Updated: SET_MO: 07/12/2023 10:26
Run Date: 07/12/2023 - 10:26 PM (PRF_PM2) 7.3.1158
Friday Report - Council RequestsSummary of RequestCouncil Member RequestorDate ReceivedStaff AssignedDepartmentCommentsActionStatus1Request to address InvoiceCloud issuesCouncil Member Meltzer10/13/23Christa FosterCustomer ServiceInformation will beincluded in a future FridayReport.In Progress2Request to verify adjacent buildingapprovalCouncil Member Byrd10/13/23Scott McDonaldDevelopment ServicesInformation will beincluded in a future FridayReport.In Progress3Request for active projects list affectingSourthridge neighborhoodCouncil Member Meltzer10/11/23Becky Diviney, Ethan Cox,Gary PackanCapital Projects/Engineering/Public WorksParksInformation will beincluded in a future FridayReport.In Progress4Inquiry into traffic light installation timelineon Vintage and Fort Worth Dr.Council Member Holland10/11/23Becky Diviney, Ethan CoxCapital Projects/Engineering/Public WorksInformation will beincluded in a future FridayReport.In Progress5Inquiry into Quakertown public propertynamingCouncil Member Byrd10/06/23Gary PackanParksInformation will beincluded in a future FridayReport.In Progress6Sharing residents' concerns regardingcrashgate removal, ownership of land, andtrees on Ryan/WhisperwoodCouncil Member Holland09/29/23Becky Diviney, ScottMcDonaldCapital Projects/Engineering/Public WorksCommunity Services DevelopmentServicesInformation will beincluded in a future FridayReport.In Progress7Request to address road concerns onLondonderryCouncil Member Meltzer10/11/23Becky Diviney, Ethan CoxCapital Projects/Engineering/Public WorksInformation will beincluded in the Oct. 13Friday Report.Complete8Request to contact resident regardingdrainage system near Judy CreekMayor Hudspeth Council MemberMcGee10/11/23Becky Diviney, Ethan CoxCapital Projects/Engineering/Public WorksCommunicated withresident on drainageimprovements.Complete9Request to address litter recurrence onLondonderryCouncil Member Meltzer10/11/23Brian Boerner, DanielleShawCommunity Services Solid WasteInformation will beincluded in the Oct. 13Friday Report.Complete10Inquiry into summary of proposed propertymaintenance code changesCouncil Member Watts10/07/23Danielle ShawCommunity ServicesAvailable online athttps://www.cityofdenton.com/FormCenter/Community-Services-21/Chapter-17-Property-Maintenance-Code-Pub-91Complete11Inquiry into whether a 'no outlet' sign is onMonte CarloCouncil Member McGee10/04/23Becky Diviney, Ethan CoxCapital Projects/Engineering/Public WorksInformation will beincluded in the Oct. 13Friday Report.Complete12Two-Minute Pitch: Work Session onrequiring working AC in rentals andprohibiting HOAs from disallowing ACs.Council Member Meltzer09/22/23Danielle Shaw, MackReinwand, ScottMcDonaldCommunity Services DevelopmentServicesScheduled for Oct. 17 CityCouncil meeting.Scheduled13Two-Minute Pitch: Resolution for VoteCenters in City and County.Council Member McGee09/21/23Jennifer Rainey, RyanAdamsCMO City Secretary's Office LegalScheduled for Oct. 17 CityCouncil meeting.ScheduledPage 1 of 1Exported on October 13, 2023 4:39:49 PM CDT
FY 22/23 Council Requests
Number of Requests Per Quarter Total Requests Made by Council Member Requests by Department
Please Note: the total number of requests per council member or department may not match, as several council members and/ or departments may be associated with a single request.
Council
Requests
13
Number of Pending Requests by Council Member
60
Meeting Calendar
City of Denton City Hall
215 E. McKinney St.
Denton, Texas 76201
www.cityofdenton.com
Criteria : Begin Date: 10/1/2023, End Date: 12/31/2023
Date Time Meeting LocationMeeting Body
October 2023
10/2/2023 5:30 PM Board of Ethics Council Work Session Room
10/2/2023 6:00 PM Parks, Recreation and Beautification
Board
Civic Center Community Room
10/5/2023 8:00 AM Agenda Committee Council Work Session Room
10/5/2023 8:30 AM Economic Development Partnership
Board
CANCELLED
10/5/2023 4:00 PM Public Art Committee City Hall Work Session Room
10/9/2023 9:00 AM Public Utilities Board Council Work Session Room
10/9/2023 10:00 AM Development Code Review Committee Development Service Center
10/9/2023 5:30 PM Historic Landmark Commission Development Service Center
10/9/2023 5:30 PM Library Board South Branch Library
10/10/2023 9:00 AM Committee on the Environment Council Work Session Room
10/11/2023 11:00 AM Economic Development Partnership
Board
CANCELLED
10/11/2023 3:00 PM Airport Advisory Board Airport Terminal Meeting Room
10/11/2023 5:00 PM Planning and Zoning Commission Council Work Session Room
&
Council Chambers
10/12/2023 1:00 PM Health & Building Standards
Commission
CANCELLED
10/13/2023 12:00 PM Community Services Advisory
Committee
Development Service Center
10/16/2023 5:30 PM Traffic Safety Commission Cancelled
10/17/2023 11:00 AM Planning and Zoning Commission CANCELLED
10/17/2023 3:00 PM City Council Council Work Session Room
&
Council Chambers
10/23/2023 9:00 AM Public Utilities Board Council Work Session Room
10/23/2023 10:00 AM Development Code Review Committee Development Service Center
Page 1City of Denton Printed on 10/13/2023
61
Date Time Meeting LocationMeeting Body
Meeting Calendar continued...
10/24/2023 2:00 PM City Council Council Work Session Room
&
Council Chambers
10/25/2023 8:00 AM Mobility Committee Council Work Session Room
10/25/2023 5:00 PM Planning and Zoning Commission Council Work Session Room
&
Council Chambers
10/27/2023 1:00 PM Sustainability Framework Advisory
Committee
Council Work Session Room
10/30/2023 5:30 PM Internal Audit Advisory Committee City Hall Conference Room
10/30/2023 5:30 PM Zoning Board of Adjustment Development Service Center
November 2023
11/2/2023 8:00 AM Agenda Committee Council Work Session Room
11/2/2023 8:30 AM Economic Development Partnership
Board
Development Service Center
Training Rooms
11/6/2023 5:30 PM Board of Ethics Council Work Session Room
11/6/2023 6:00 PM Parks, Recreation and Beautification
Board
Civic Center Community Room
11/7/2023 11:30 AM City Council Development Service Center
11/7/2023 2:00 PM City Council Council Work Session Room
&
Council Chambers
11/8/2023 11:00 AM Economic Development Partnership
Board
Development Service Center
Training Rooms
11/8/2023 3:00 PM Airport Advisory Board Airport Terminal Meeting Room
11/9/2023 3:00 PM Health & Building Standards
Commission
Development Service Center
11/13/2023 9:00 AM Public Utilities Board Council Work Session Room
11/13/2023 10:00 AM Development Code Review Committee Development Service Center
11/13/2023 5:30 PM Historic Landmark Commission Development Service Center
11/13/2023 5:30 PM Library Board Emily Fowler Central Library
11/14/2023 2:00 PM City Council Council Work Session Room
&
Council Chambers
11/15/2023 5:00 PM Planning and Zoning Commission Council Work Session Room
&
Council Chambers
11/16/2023 3:00 PM Animal Shelter Advisory Committee Animal Services Training Room
11/16/2023 3:00 PM Committee on Persons with Disabilities Development Service Center
Page 2City of Denton Printed on 10/13/202362
Date Time Meeting LocationMeeting Body
Meeting Calendar continued...
11/17/2023 12:00 PM Community Services Advisory
Committee
Development Service Center
11/17/2023 1:00 PM Sustainability Framework Advisory
Committee
City Council Work Session Room
11/21/2023 9:00 AM Committee on the Environment Council Work Session Room
11/22/2023 12:00 PM Downtown Denton Tax Increment
Financing Zone No. 1 Board
Development Service Center
Training Rooms
11/27/2023 10:00 AM Development Code Review Committee Development Service Center
11/27/2023 5:30 PM Zoning Board of Adjustment Development Service Center
11/29/2023 8:00 AM Mobility Committee Council Work Session Room
December 2023
12/4/2023 6:00 PM Parks, Recreation and Beautification
Board
Civic Center Community Room
12/5/2023 2:00 PM City Council Council Work Session Room
&
Council Chambers
12/7/2023 8:00 AM Agenda Committee Council Work Session Room
12/7/2023 8:30 AM Economic Development Partnership
Board
Development Service Center
Training Rooms
12/7/2023 4:00 PM Public Art Committee Civic Center Community Room
12/8/2023 12:00 PM Community Services Advisory
Committee
Development Service Center
12/11/2023 10:00 AM Development Code Review Committee Development Service Center
12/11/2023 5:30 PM Historic Landmark Commission Development Service Center
12/11/2023 5:30 PM Library Board North Branch Library
12/12/2023 2:00 PM City Council Council Work Session Room
&
Council Chambers
12/13/2023 11:00 AM Economic Development Partnership
Board
Development Service Center
Training Rooms
12/13/2023 3:00 PM Airport Advisory Board Airport Terminal Meeting Room
12/13/2023 5:00 PM Planning and Zoning Commission Council Work Session Room
&
Council Chambers
12/14/2023 3:00 PM Health & Building Standards
Commission
Development Service Center
12/18/2023 5:30 PM Zoning Board of Adjustment Development Service Center
12/19/2023 9:00 AM Committee on the Environment Council Work Session Room
12/20/2023 8:00 AM Mobility Committee Council Work Session Room
Page 3City of Denton Printed on 10/13/2023
63
Date Time Meeting LocationMeeting Body
Meeting Calendar continued...
12/22/2023 1:00 PM Sustainability Framework Advisory
Committee
Council Work Session Room
12/31/2023 12:00 PM Northeast Denton Area Plan Steering
Committee
Development Service Center
12/31/2023 2:00 PM City Council Council Work Session Room
&
Council Chambers
Page 4City of Denton Printed on 10/13/2023
64
City of Denton
Meeting Agenda
City Hall
215 E. McKinney St.
Denton, Texas 76201
www.cityofdenton.com
City Council
Council Work Session Room
&
Council Chambers
2:00 PMTuesday, October 24, 2023
Special Called Meeting
WORK SESSION BEGINS AT 2:00 P.M. IN THE COUNCIL WORK SESSION ROOM
CLOSED MEETING BEGINS IMMEDIATELY FOLLOWING THE WORK SESSION IN THE
COUNCIL WORK SESSION ROOM
CITY COUNCIL CONSIDERATION OF THE CONSENT AGENDA AND ITEMS FOR
INDIVIDUAL CONSIDERATION WILL BEGIN IMMEDIATELY FOLLOWING THE CLOSED
MEETING IN THE COUNCIL CHAMBERS
CONSIDERATION OF PUBLIC HEARING(S) WILL BEGIN AT/AFTER 6:30 P.M. IN THE
COUNCIL CHAMBERS
REGISTRATION GUIDELINES FOR ADDRESSING THE CITY COUNCIL
Individuals may speak during a Council meeting under one of the following categories:
Open Microphone:
At regular meetings only, individuals can speak on any topic that is not on the agenda for no longer than
four (4) minutes per individual. This portion of the meeting occurs immediately after the start of the regular
meeting session. Please note, Council members cannot engage in a discussion on topics presented during
this portion and there are limited slots available for this portion of the meeting.
Comments on Agenda Items:
Public comments can be given for any item considered by the Council, EXCEPT work session reports or
closed meetings. Individuals are only able to comment one time per agenda item and cannot use more than
one method to comment on a single agenda item. Public comments are limited to three (3) minutes per
citizen.
Public Hearing Items:
Individuals are limited to four (4) minutes per public hearing item.
_________________________________________________________________________________
Individuals may participate by using one of the following methods:
1. In Person for Regular or Consent Agenda Items:
Page 1 Printed on 10/13/202365
October 24, 2023City Council Meeting Agenda
To provide in-person comments regular or consent agenda items (excluding public hearing items),
Individuals must be present at the meeting and submit a speaker card (available at the meeting location) to
the City Secretary prior to the item being called.
2. In Person for Public Hearing Items:
For public hearing items, speaker cards are encouraged but not required.
3. eComment:
The agenda is posted online at www.cityofdenton.com/publicmeetings. Once the agenda is posted, a link
to make virtual comments using the eComment module will be made available next to the meeting listing on
the Upcoming Events Calendar. Using eComment, Individuals may indicate support or opposition and
submit a brief comment about a specific agenda item. eComments may be submitted up until the start of
the meeting at which time the ability to make an eComment will be closed. eComments will be sent directly
to members of the City Council immediately upon submission and recorded by the City Secretary into the
Minutes of the Meeting.
4. By Phone:
Individuals may register to provide comments by phone. Instructions and a link to register to comment by
phone will be available at www.cityofdenton.com/publicmeetings until noon of the meeting date. Residents
will submit contact information using the link provided and receive further instructions via email on how to
join the meeting by phone and provide comments.
_________________________________________________________________________________
After determining that a quorum is present, the City Council of the City of Denton, Texas will convene in a
Work Session on Tuesday, October 24, 2023, at 2:00 p.m. in the Council Work Session Room at City Hall,
215 E. McKinney Street, Denton, Texas at which the following items will be considered:
WORK SESSION
1. Citizen Comments on Consent Agenda Items
This section of the agenda allows citizens to speak on any item listed on the Consent Agenda prior to its
consideration. Each speaker will be given a total of three (3) minutes to address any item(s). Any person
who wishes to address the City Council regarding these items may do so by utilizing the "By Phone"
registration process as referenced under the REGISTRATION GUIDELINES FOR ADDRESSING THE
CITY COUNCIL detailed at the beginning of this agenda. Registration is required prior to the time the City
Council considers this item. Registrants may call in and remain on hold or receive a call back at the time the
Work Session is called to Order and are encouraged to ensure they remain accessible to accept the call.
2. Requests for clarification of agenda items listed on this agenda for public hearing and individual
consideration.
This section allows members of the City Council to ask questions on items listed on this agenda for public
hearing and individual consideration. Responses to questions on items listed under the consent agenda that
are received prior to the meeting are available by clicking on Exhibit 1 below. The responses will be
available prior to the start of the meeting, when applicable. Any handouts distributed at the meeting will also
be uploaded to the below link by 12:00 p.m. on the business day following the meeting. Members of the
Page 2 Printed on 10/13/202366
October 24, 2023City Council Meeting Agenda
Council may remove items from the consent agenda. When items are removed from the consent agenda and
placed on the regular agenda by members of the council, the removed items shall be taken up in the order of
removal right after the consent agenda.
Meeting Questions, Responses & HandoutsID 23-646A.
3. Work Session Reports
Receive a report, hold a discussion, and give staff direction regarding the City of Denton
Draft Climate Action and Adaptation Plan.
[Estimated Presentation/Discussion Time: 1 hour]
ID 23-937A.
Receive a report, hold a discussion, and give staff direction on proposed Parks and
Recreation rates and fees.
[Estimated Presentation/Discussion Time: 30 minutes]
ID 23-1861B.
Receive a report, hold a discussion, and give staff direction on pending City Council
requests for:
[Estimated Presentation/Discussion Time: 30 minutes]
ID 23-225C.
Following the completion of the Work Session, the City Council will convene in a Closed Meeting in the
Council Work Session Room to consider specific item(s) when these items are listed below under the Closed
Meeting section of this agenda. The City Council reserves the right to adjourn into a Closed Meeting on any
item on its Open Meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended,
or as otherwise allowed by law.
1. Closed Meeting:
Deliberations regarding Real Property Under Texas Government Code Section 551.072;
Receive information from staff, discuss, deliberate, and provide staff with direction
pertaining to the potential acquisition of certain real property interests located near Parvin
Road, in and around the J. Douthitt Survey, Abstract Number 329, in the City of Denton,
Denton County, Texas where a public deliberation of such potential acquisitions would
have a detrimental effect on the City's position in negotiations with third parties
ID 23-1978A.
Consultation with Attorneys - Under Texas Government Code Section 551.071.
Consult with the City’s attorneys on the legal status, strategy and options for resolution of
litigation in Cause No. 23-6616-431, styled “City of Denton v. Jesse Ray Eakers, Jr.,
Penske Truck Leasing Co. L.P., Fleetco Inc., The Cincinnati Insurance Companies, and
Southerland Transport, L.L.C.” pending in the 431st District Court, Denton County,
Texas; where public discussion of these legal matters would conflict with the duty of the
City’s attorneys to the City of Denton and the Denton City Council under the Texas
Disciplinary Rules of Professional Conduct of the State Bar of Texas, or otherwise
compromise the City’s legal position in pending litigation.
ID 23-2034B.
Page 3 Printed on 10/13/202367
October 24, 2023City Council Meeting Agenda
Any final action, decision, or vote on a matter deliberated in a Closed Meeting will only be taken in an Open
Meeting that is held in compliance with Texas Government Code, Chapter 551, except to the extent such final
decision, or vote is taken in the Closed Meeting in accordance with the provisions of Section 551.086 of the
Texas Government Code (the ‘Public Power Exception’). The City Council reserves the right to adjourn into a
Closed Meeting or Executive Session as authorized by Texas Government Code, Section 551.001, et seq.
(The Texas Open Meetings Act) on any item on its open meeting agenda or to reconvene in a continuation of
the Closed Meeting on the Closed Meeting items noted above, in accordance with the Texas Open Meetings
Act, including, without limitation Sections 551.071-551.086 of the Texas Open Meetings Act.
NOTE: Any item for which a formal action at the Regular Meeting has been taken by Council may
be subject to a request for a motion for reconsideration at any time during the meeting, at the
Concluding Items Section, or after the meeting. In order to comply with the Texas Open Meetings
Act, a request for a motion for reconsideration made during, at the end of, or after a Council meeting
will be placed on the agenda and considered at the next official meeting of the City Council.
Following the Closed Meeting, the City Council will reconvene in Open Meeting to take action, if any, on
matters discussed in closed session.
_________________________________________________________________________________
Following the Closed Meeting, the City Council will convene in a Special Called Meeting in the Council
Chambers to consider the following items:
4. CONSENT AGENDA
Each of these items is recommended by Staff or a board, commission, and committee. Approval thereof will
be strictly on the basis of the those recommendations. Approval of the Consent Agenda authorizes the City
Manager or his designee to implement each item in accordance with the Staff recommendations. The City
Council has received background information and has had an opportunity to raise questions regarding these
items prior to consideration.
For those items recommended by a specific board, commission, or committee, the agenda item will
reference that recommendation. To view the video of the related board, commission, or committee meeting,
as applicable, a link can be found within the applicable supporting documentation (Exhibit 1).
Listed below are bids, purchase orders, contracts, and other items to be approved under the Consent
Agenda (Agenda Items A - AC). This listing is provided on the Consent Agenda to allow Council Members
to discuss or withdraw an item prior to approval of the Consent Agenda. If no items are pulled, the Consent
Agenda Items will be approved with one motion. If items are pulled for separate discussion, they may be
considered as the first items following approval of the Consent Agenda.
Consider approval of the minutes of the October 17, 2023 meeting.ID 23-046A.
Consider nominations/appointments to the City’s Boards, Commissions, and Committees:
Airport Advisory Board, Animal Shelter Advisory Committee, Board of Ethics,
Committee on Persons with Disabilities, Community Services Advisory Committee,
Denton Police Department Chief of Police Advisory Board, Health & Building Standards
Commission, Historic Landmark Commission, Internal Audit Advisory Committee,
Library Board, Parks, Recreation & Beautification Board, Planning & Zoning
Commission, Public Art Committee, Public Utilities Board, Sustainability Framework
ID 23-071B.
Page 4 Printed on 10/13/202368
October 24, 2023City Council Meeting Agenda
Advisory Committee, Traffic Safety Commission, and Zoning Board of Adjustment.
Consider adoption of an ordinance of the City of Denton authorizing the City Manager to
execute an Interlocal Agreement between the City of Denton, by and through its Police
Department, and the Denton County Criminal District Attorney, for the disposition of
contraband seized and forfeited under Chapter 59 and Article 18.18, Texas Code of
Criminal Procedure; and providing an effective date.
ID 23-1946C.
Consider adoption of an ordinance of the City of Denton authorizing the City Manager to
accept on behalf of the City an offer from the Texas Department of Transportation
(“TxDOT”) relating to a grant of $19,320,795; authorizing the expenditure of $2,126,755
in contributory funds for engineering and construction of primary runway at Denton
Enterprise Airport with an estimated total project cost of $21,267,550; authorizing the
City Manager to execute the related Airport Project Participation Agreement; and
providing for an effective date. Airport Advisory Board recommends approval (4-0).
ID 23-1951D.
Consider adoption of an ordinance of the City of Denton, authorizing the City Manager to
execute a First Amendment to Solid Waste Disposal Contract with Rhino; and providing
an effective date.
ID 23-1994E.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Model 1
Commercial Vehicles, Inc. dba Creative Bus Sales, Inc., through the Houston-Galveston
Area Council of Governments (H-GAC) Cooperative Purchasing Program Contract
Number BT01-21, for the purchase of four (4) passenger vans for the Parks and
Recreation Department; providing for the expenditure of funds therefor; and providing an
effective date (File 8379 - awarded to Model 1 Commercial Vehicles, Inc. dba Creative
Bus Sales, Inc., in the not-to-exceed amount of $441,122.00).
ID 23-1992F.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the approval of a first amendment to a contract between the City
of Denton and Thelin Recycling Company, LP, amending the contract approved by the
City Council on August 13, 2019, in the not-to-exceed amount of $1,150,000.00; said
first amendment to continue to provide brush and wood grinding services for the
Beneficial Reuse Department; providing for the expenditure of funds therefor; and
providing an effective date (RFP 7085 - providing for an additional first amendment
expenditure amount not-to-exceed $287,500, with the total contract amount
not-to-exceed $1,437,500.00).
ID 23-1996G.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the approval of a first amendment to a contract between the City
of Denton and Anixter, Inc., amending the contract approved by City Council on
February 4, 2020, in the not-to-exceed amount of $8,000,000.00; said first amendment
to continue to purchase electric utility pad-mounted switchgears for Denton Municipal
Electric and extend the contract through August 4, 2024; providing for the expenditure of
funds therefore; and providing an effective date (RFP 7126 - providing for an additional
first amendment expenditure amount not-to-exceed $2,000,000.00, with the total
contract amount not-to-exceed $10,000,000.00 and extending the contract to August 4,
ID 23-1997H.
Page 5 Printed on 10/13/202369
October 24, 2023City Council Meeting Agenda
2024).
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the approval of a first amendment to a contract between the City
of Denton and Xylem Water Solutions USA, Inc., amending the contract approved by the
City Council on February 18, 2020, in the not-to-exceed amount of $1,000,000.00; said
first amendment to continue to purchase Flygt pumps, equipment, parts, supplies, and
services to operate and maintain the City of Denton sewage pumping stations and
treatment plants for the Water Reclamation Department; providing for the expenditure of
funds therefor; and providing an effective date (File 7172 - providing for an additional first
amendment expenditure amount not-to-exceed $250,000.00, with the total contract
amount not-to-exceed $1,250,000.00).
ID 23-2000I.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute an agreement with Kirk Seese dba
BB Murals, for art design and production services for the public art mural/vinyl wrap
installation to be located on Sycamore Street Bridge near the intersection of Sycamore
Street and South Crawford Street for the Parks and Recreation Department; providing
for the expenditure of funds therefor; and providing an effective date (CFA 8216-02 -
awarded to Kirk Seese dba BB Murals, in the not-to-exceed amount of $7,500.00). The
Public Art Committee recommends approval (5 - 2).
ID 23-2001J.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Prolec-GE
Waukesha, Inc., for the purchase of one (1) Substation Power Transformer for Denton
Municipal Electric, providing for the expenditure of funds therefor; and providing an
effective date (RFP 8155 - awarded to Prolec-GE Waukesha, Inc., in the not-to-exceed
amount of $2,260,412.00).
ID 23-2004K.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, ratifying the expenditure of funds by the City Manager for emergency
aviation liability insurance coverage for the City of Denton through the City’s broker of
record, Lockton Companies, LLC; and providing an effective date (File 8342 - awarded
to National Union Fire Insurance Company of Pittsburgh, PA (AIG), in the three (3) year
not-to-exceed amount of $61,128.00).
ID 23-2006L.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, ratifying the expenditure of funds by the City Manager for emergency excess
cyber network liability insurance coverage for the City of Denton through the City’s
broker of record, Lockton Companies, LLC; and providing an effective date (File 8343 -
awarded to Corvus Insurance Agency, LLC, in the three (3) year not-to-exceed amount
of $289,380.00).
ID 23-2007M.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, ratifying the expenditure of funds by the City Manager for emergency
primary cyber network liability insurance coverage for the City of Denton through the
City’s broker of record, Lockton Companies, LLC; and providing an effective date (File
8384 - awarded to Homeland Insurance Company of New York (Resilience), in the three
ID 23-2010N.
Page 6 Printed on 10/13/202370
October 24, 2023City Council Meeting Agenda
(3) year not-to-exceed amount of $660,473.00).
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, ratifying the expenditure of funds by the City Manager for emergency
property, boiler, and machinery insurance coverage for the City of Denton through the
City’s broker of record, Lockton Companies, LLC; and providing an effective date (File
8344 - awarded to Affiliated FM Insurance Company, in the three (3) year
not-to-exceed amount of $4,544,948.00).
ID 23-2008O.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton Area Running Club for the 2023 Downtown
Denton Turkey Trot and Kids’ Gobble Wobble sponsorship; and providing an effective
date. ($3,662.50 in-kind services - Community Partnership Committee recommends
approval 3-0)
ID 23-2009P.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton Black Film Festival Institute for the 2024 Denton
Black Film Festival sponsorship; and providing an effective date. ($9,000 cash
sponsorship and $8,522.50 in-kind services - Community Partnership Committee
recommends approval 3-0)
ID 23-2011Q.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton’s Day of the Dead Festival for the 2023 Day of
the Dead Festival sponsorship; and providing an effective date. ($2,700 cash sponsorship
and $8,136.34 in-kind services - Community Partnership Committee recommends
approval 3-0)
ID 23-2012R.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton Festival Foundation, Inc., for the 2023 Denton
Arts and Jazz Festival sponsorship; and providing an effective date. ($15,000 cash
sponsorship and $205,773.00 in-kind services - Community Partnership Committee
recommends approval 3-0)
ID 23-2013S.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton Holiday Festival Association, Inc. for the 2023
Denton Holiday Lighting Festival sponsorship; and providing an effective date. ($2,000
cash sponsorship and $16,116.34 in-kind services - Community Partnership Committee
recommends approval 3-0)
ID 23-2014T.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton Parks Foundation for the 2024 Cinco de Mayo
Festival sponsorship; and providing an effective date. ($24,586.34 in-kind services -
Community Partnership Committee recommends approval 3-0)
ID 23-2015U.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton Parks Foundation for the 2024 Dog Days of
Denton sponsorship; and providing an effective date. ($7,172.50 in-kind services -
Community Partnership Committee recommends approval 3-0)
ID 23-2016V.
Page 7 Printed on 10/13/202371
October 24, 2023City Council Meeting Agenda
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Denton Parks Foundation for the 2024 Denton
Juneteenth Celebration sponsorship; and providing an effective date. ($3,000 cash
sponsorship and $27,189.50 in-kind services - Community Partnership Committee
recommends approval 3-0)
ID 23-2017W.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Greater Denton Arts Council, Inc., for the Community
Art Grants Program sponsorship; and providing an effective date. ($4,000 cash
sponsorship - Community Partnership Committee recommends approval 3-0)
ID 23-2018X.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Kiwanis Youth Services, Inc., for the Denton
Independence Day Jubilee sponsorship; and providing an effective date. ($47,967 cash
sponsorship and $39,181.34 in-kind services - Community Partnership Committee
recommends approval 3-0)
ID 23-2019Y.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and North Texas State Fair Association, Inc., for the 2024
North Texas Fair and Rodeo sponsorship; and providing an effective date. ($2,000 cash
sponsorship and $4,400 in-kind services - Community Partnership Committee
recommends approval 3-0)
ID 23-2020Z.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Tejas Storytelling Association for the 2023 Tejas
Storytelling Festival sponsorship; and providing an effective date. ($10,157.42 in-kind
services - Community Partnership Committee recommends approval 3-0)
ID 23-2021AA.
Consider adoption of an ordinance of the City of Denton authorizing an agreement
between the City of Denton and Texas Filmmakers Corporation for the Thin Line Fest
2024 sponsorship; and providing an effective date. ($7,000 cash sponsorship -
Community Partnership Committee recommends approval 3-0)
ID 23-2022AB.
Consider approval of a resolution of the City Council of the City of Denton, Texas,
requesting the transfer of that certain public roadway described herein on Exhibit “A”
from the Texas Department of Transportation to the City of Denton.
ID 23-1791AC.
5. PUBLIC HEARINGS
Hold a public hearing and consider adoption of an ordinance of the City of Denton,
Texas, regarding a request by the Trumont Group for a Specific Use Permit to allow for a
multifamily dwelling use on an approximately 22.81-acre lot generally located to the south
of Duchess Dr. and 742’ to the west of Loop 288 in the City of Denton, Denton County,
Texas. (S23-0005b, Olivo Apartments, Angie Manglaris)
S23-0005bA.
6. ITEMS FOR INDIVIDUAL CONSIDERATION – CONSIDERATION OF THE USE OF
EMINENT DOMAIN TO CONDEMN REAL PROPERTY INTERESTS
-- PLACEHOLDER IN THE EVENT EMINENT DOMAIN ITEMS ARE SCHEDULED;
OTHERWISE, WILL BE DELETED. --
Page 8 Printed on 10/13/202372
October 24, 2023City Council Meeting Agenda
7. ITEMS FOR INDIVIDUAL CONSIDERATION
Consider adoption of an ordinance of the City of Denton to declare the intent to
reimburse capital program expenditures of the Electric Utility ($82,549,689), Solid Waste
Utility ($7,080,000), Wastewater Utility ($55,960,396), Water Utility ($82,751,072),
and General Government ($115,883,425) with Tax- Preferred Obligations (Certificates
of Obligation and General Obligation Bonds) with an aggregate maximum principal
amount not to exceed $344,224,582; and providing an effective date.
ID 23-1426A.
Consider adoption of an ordinance of the City of Denton, Texas authorizing the
expenditure of funds for the payment of wholesale transmission charges in the total amount
of $7,064,597.73, and providing an effective date.
ID 23-1949B.
Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with SAE Towers LTD,
for the purchase of galvanized steel transmission poles, anchor cages, and associated
hardware for Denton Municipal Electric; providing for the expenditure of funds therefor;
and providing an effective date (RFP 8270 - awarded to SAE Towers LTD, in the
not-to-exceed amount of $5,609,888.00).
ID 23-2027C.
8. CONCLUDING ITEMS
A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the City Council
or the public with specific factual information or recitation of policy, or accept a proposal to place the
matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open
Meetings Act, provide reports about items of community interest regarding which no action will be taken,
to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules;
an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about
an upcoming event organized or sponsored by the governing body; information regarding a social,
ceremonial, or community event organized or sponsored by an entity other than the governing body that
was attended or is scheduled to be attended by a member of the governing body or an official or employee
of the municipality; or an announcement involving an imminent threat to the public health and safety of
people in the municipality that has arisen after the posting of the agenda.
B. Possible Continuation of Closed Meeting topics, above posted.
C E R T I F I C A T E
I certify that the above notice of meeting was posted on the official website
(https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E.
McKinney Street, Denton, Texas, on October 20, 2023, in advance of the 72-hour posting deadline, as
applicable, and in accordance with Chapter 551 of the Texas Government Code.
__________________________________________
OFFICE OF THE CITY SECRETARY
Page 9 Printed on 10/13/202373
October 24, 2023City Council Meeting Agenda
NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE
ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY
WILL PROVIDE ACCOMMODATION, SUCH AS SIGN LANGUAGE INTERPRETERS FOR THE
HEARING IMPAIRED, IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE
SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940-349-8309 OR
USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX
SO THAT REASONABLE ACCOMMODATION CAN BE ARRANGED.
Page 10 Printed on 10/13/202374
City of Denton
Meeting Agenda
City Hall
215 E. McKinney St.
Denton, Texas 76201
www.cityofdenton.com
City Council
Council Work Session Room
&
Council Chambers
2:00 PMTuesday, November 7, 2023
WORK SESSION BEGINS AT 2:00 P.M. IN THE COUNCIL WORK SESSION ROOM
CLOSED MEETING BEGINS IMMEDIATELY FOLLOWING THE WORK SESSION IN
THE COUNCIL WORK SESSION ROOM
REGULAR MEETING BEGINS AT 6:30 P.M. IN THE COUNCIL CHAMBERS
REGISTRATION GUIDELINES FOR ADDRESSING THE CITY COUNCIL
Individuals may speak during a Council meeting under one of the following categories:
Open Microphone:
At regular meetings only, individuals can speak on any topic that is not on the agenda for no longer
than four (4) minutes per individual. This portion of the meeting occurs immediately after the start
of the regular meeting session. Please note, Council members cannot engage in a discussion on
topics presented during this portion and there are limited slots available for this portion of the
meeting.
Comments on Agenda Items:
Public comments can be given for any item considered by the Council, EXCEPT work session
reports or closed meetings. Individuals are only able to comment one time per agenda item and
cannot use more than one method to comment on a single agenda item. Public comments are limited
to three (3) minutes per citizen.
Public Hearing Items:
Individuals are limited to four (4) minutes per public hearing item.
_________________________________________________________________________________
Individuals may participate by using one of the following methods:
1. In Person for Regular or Consent Agenda Items:
To provide in-person comments regular or consent agenda items (excluding public hearing items),
Individuals must be present at the meeting and submit a speaker card (available at the meeting
location) to the City Secretary prior to the item being called.
2. In Person for Public Hearing Items:
For public hearing items, speaker cards are encouraged but not required.
Page 1 City of Denton Printed on 10/13/202375
November 7, 2023City Council Meeting Agenda
3. eComment:
The agenda is posted online at www.cityofdenton.com/publicmeetings. Once the agenda is posted, a
link to make virtual comments using the eComment module will be made available next to the
meeting listing on the Upcoming Events Calendar. Using eComment, Individuals may indicate
support or opposition and submit a brief comment about a specific agenda item. eComments may
be submitted up until the start of the meeting at which time the ability to make an eComment will
be closed. eComments will be sent directly to members of the City Council immediately upon
submission and recorded by the City Secretary into the Minutes of the Meeting.
4. By Phone:
Individuals may register to provide comments by phone. Instructions and a link to register to
comment by phone will be available at www.cityofdenton.com/publicmeetings until noon of the
meeting date. Residents will submit contact information using the link provided and receive further
instructions via email on how to join the meeting by phone and provide comments.
_________________________________________________________________________________
After determining that a quorum is present, the City Council of the City of Denton, Texas will convene
in a Work Session on Tuesday, November 7, 2023 at 2:00 p.m. in the Council Work Session Room at
City Hall, 215 E. McKinney Street, Denton, Texas at which the following items will be considered:
WORK SESSION
1. Citizen Comments on Consent Agenda Items
This section of the agenda allows citizens to speak on any item listed on the Consent Agenda prior to
its consideration. Each speaker will be given a total of three (3) minutes to address any item(s). Any
person who wishes to address the City Council regarding these items may do so by utilizing the "By
Phone" registration process as referenced under the REGISTRATION GUIDELINES FOR
ADDRESSING THE CITY COUNCIL detailed at the beginning of this agenda. Registration is
required prior to the time the City Council considers this item. Registrants may call in and remain on
hold or receive a call back at the time the Work Session is called to Order and are encouraged to
ensure they remain accessible to accept the call.
2. Requests for clarification of agenda items listed on this agenda for public hearing and
individual consideration.
This section allows members of the City Council to ask questions on items listed on this agenda for
public hearing and individual consideration. Responses to questions on items listed under the consent
agenda that are received prior to the meeting are available by clicking on Exhibit 1 below. The
responses will be available prior to the start of the meeting, when applicable. Any handouts
distributed at the meeting will also be uploaded to the below link by 12:00 p.m. on the business day
following the meeting. Members of the Council may remove items from the consent agenda. When
items are removed from the consent agenda and placed on the regular agenda by members of the
council, the removed items shall be taken up in the order of removal right after the consent agenda.
Meeting Questions, Responses & HandoutsID 23-647A.
3. Work Session Reports
Page 2 City of Denton Printed on 10/13/202376
November 7, 2023City Council Meeting Agenda
Receive a report and hold a discussion regarding the Denton County Transportation
Authority (DCTA) quarterly update.
[Estimated Presentation/Discussion Time: 1 hour]
ID 23-466A.
Receive a report, hold discussion, and give staff direction on proposed Residential
Rental Registration Program.
[Estimated Presentation/Discussion Time: 30 minutes]
ID 23-1701B.
Receive a report, hold a discussion, and give staff direction on pending City Council
requests for:
[Estimated Presentation/Discussion Time: 30 minutes]
ID 23-226C.
Following the completion of the Work Session, the City Council will convene in a Closed Meeting in
the Council Work Session Room to consider specific item(s) when these items are listed below under
the Closed Meeting section of this agenda. The City Council reserves the right to adjourn into a Closed
Meeting on any item on its Open Meeting agenda consistent with Chapter 551 of the Texas Government
Code, as amended, or as otherwise allowed by law.
1. Closed Meeting:
-- PLACEHOLDER IN THE EVENT A CLOSED MEETING IS NEEDED; OTHERWISE, WILL
BE DELETED. --
Any final action, decision, or vote on a matter deliberated in a Closed Meeting will only be taken in an
Open Meeting that is held in compliance with Texas Government Code, Chapter 551, except to the
extent such final decision, or vote is taken in the Closed Meeting in accordance with the provisions of
Section 551.086 of the Texas Government Code (the ‘Public Power Exception’). The City Council
reserves the right to adjourn into a Closed Meeting or Executive Session as authorized by Texas
Government Code, Section 551.001, et seq. (The Texas Open Meetings Act) on any item on its open
meeting agenda or to reconvene in a continuation of the Closed Meeting on the Closed Meeting items
noted above, in accordance with the Texas Open Meetings Act, including, without limitation Sections
551.071-551.086 of the Texas Open Meetings Act.
NOTE: Any item for which a formal action at the Regular Meeting has been taken by Council
may be subject to a request for a motion for reconsideration at any time during the meeting, at
the Concluding Items Section, or after the meeting. In order to comply with the Texas Open
Meetings Act, a request for a motion for reconsideration made during, at the end of, or after a
Council meeting will be placed on the agenda and considered at the next official meeting of the
City Council.
Following the Closed Meeting, the City Council will reconvene in Open Meeting to take action, if any,
on matters discussed in closed session.
_________________________________________________________________________________
AFTER DETERMINING THAT A QUORUM IS PRESENT, THE REGULAR MEETING OF
THE CITY OF DENTON CITY COUNCIL WILL CONVENE AT 6:30 P.M. IN THE
COUNCIL CHAMBERS AT CITY HALL, 215 E. MCKINNEY STREET, DENTON, TEXAS
AT WHICH THE FOLLOWING ITEMS WILL BE CONSIDERED:
1. PLEDGE OF ALLEGIANCE
A. United States Flag
B. Texas Flag
“Honor the Texas Flag – I pledge allegiance to thee, Texas, one state under God, one and
Page 3 City of Denton Printed on 10/13/202377
November 7, 2023City Council Meeting Agenda
indivisible.”
2. PROCLAMATIONS/PRESENTATIONS
Proclamation: Park and Recreation Accreditation AwardID 23-1719A.
Proclamation: Dr. Jim Alexander AppreciationID 23-1922B.
Proclamation: National American Indian Heritage MonthID 23-1991C.
3. PRESENTATIONS FROM MEMBERS OF THE PUBLIC
A. Review of procedures for addressing the City Council.
B. Reports from members of the public shall be received through the following two (2) methods.
A total of up to seven (7) speakers are permitted to provide public comment and may include any
combination of prior registration and open microphone speakers.
1) Pre-registration. This section of the agenda permits any person who has registered in advance
to make a citizen report regarding a public business item he or she wishes to be considered by the
City Council. Each speaker is allowed a maximum of four (4) minutes to present their report. At
the conclusion of each report, the City Council may pose questions to the speaker or may engage in
discussion. If the City Council believes that a speaker's report requires a more detailed review, the
City Council will give the City Manager or City Staff direction to place the item on a future work
session or regular meeting agenda and advise staff as to the background materials to be desired at
such meeting.
2) Open Microphone. This section of the agenda permits any person who has not registered in
advance for a citizen report to make comments about public business items not listed on the agenda.
Such person(s) shall have registered using the “Virtual White Card” or “By Phone” process outlined
by the City on its website or meeting notice.
During open microphone reports under this section of the agenda, the Council may listen to citizens
speak. However, because notice of the subject of the open microphone report has not been provided
to the public in advance, the Texas Open Meetings Act limits any deliberation or decision by the
Council to: a proposal to place the item on a future agenda; a statement of factual information; or a
recitation of existing policy. Council Members may not ask the open microphone speakers
questions or discuss the items presented during open microphone reports.
NOTE: If audio/visual aids during presentations to Council are needed, they must be submitted to
the City Secretary 24 hours prior to the meeting.
4. CONSENT AGENDA
Each of these items is recommended by Staff or a board, commission, and committee. Approval
thereof will be strictly on the basis of the those recommendations. Approval of the Consent Agenda
authorizes the City Manager or his designee to implement each item in accordance with the Staff
recommendations. The City Council has received background information and has had an
opportunity to raise questions regarding these items prior to consideration.
For those items recommended by a specific board, commission, or committee, the agenda item will
reference that recommendation. To view the video of the related board, commission, or committee
meeting, as applicable, a link can be found within the applicable supporting documentation (Exhibit
1).
Page 4 City of Denton Printed on 10/13/202378
November 7, 2023City Council Meeting Agenda
Listed below are bids, purchase orders, contracts, and other items to be approved under the Consent
Agenda (Agenda Items A – E). This listing is provided on the Consent Agenda to allow Council
Members to discuss or withdraw an item prior to approval of the Consent Agenda. If no items are
pulled, the Consent Agenda Items will be approved with one motion. If items are pulled for separate
discussion, they may be considered as the first items following approval of the Consent Agenda.
Consider approval of the minutes of the October 24, 2023 Meeting.ID 23-047A.
Consider nominations/appointments to the City’s Boards, Commissions, and
Committees: Airport Advisory Board, Animal Shelter Advisory Committee, Board
of Ethics, Committee on Persons with Disabilities, Community Services Advisory
Committee, Denton Police Department Chief of Police Advisory Board, Health &
Building Standards Commission, Historic Landmark Commission, Internal Audit
Advisory Committee, Library Board, Parks, Recreation & Beautification Board,
Planning & Zoning Commission, Public Art Committee, Public Utilities Board,
Sustainability Framework Advisory Committee, Traffic Safety Commission, and
Zoning Board of Adjustment.
ID 23-072B.
Consider adoption of an ordinance of the City of Denton adopting a schedule of
fees, updating the existing charges and fees for use of City owned property and
facilities, and for City services provided at or by Parks and Recreation; superseding
prior fee schedules; providing severability and repealer clauses; and providing an
effective date.
ID 23-1903C.
Consider approval of a resolution of the City of Denton excusing the September 25,
2023 meeting absence of a Public Utilities Board Member; and providing an
effective date.
ID 23-1983D.
Consider approval of a resolution of the City of Denton excusing the October 13,
2023 meeting absence of a Community Services Advisory Committee Member; and
providing an effective date.
ID 23-2023E.
5. PUBLIC HEARINGS
Hold a public hearing and consider amendments to the Denton Development Code
(DDC) relating to streetlighting, wherein installation of streetlights in emitting no
up-light is required in new developments, and a new Streetlight Criteria Manual is
implemented.
ID 23-1604A.
Hold a public hearing and consider adoption of an ordinance of the City of Denton,
Texas amending the Denton Development Code, amendments include, but are not
limited to, amendments to Sections 7.11.6C and 7.11.6D related to revising street
lighting standards and adding a reference to the Streetlight Criteria Manual;
providing for a penalty in the maximum amount of $2,000.00 for violations thereof;
providing a severability clause and an effective date. The Planning and Zoning
Commission voted [_-_] to recommend approval of the request. Motion for
approval by Commissioner ____ and second by Commissioner ____.
(DCA23-0008a, Street Lighting Code Amendment, Aaron Bennion)
DCA23-0008
a
B.
Page 5 City of Denton Printed on 10/13/202379
November 7, 2023City Council Meeting Agenda
Hold a public hearing and consider adoption of an ordinance of the City of Denton,
Texas amending the Denton Development Code, regarding Private Cemetery Use
Regulation and Definition, specifically amendments to Section Table 5.2-A: Table
of Allowed Uses, Section 5.3.4: Public, Institutional, Religious, and Civic
Use-Specific Standards, Table 7.9-I: Minimum Required Off-Street Parking, and
Section 9.2: Definitions; providing for a penalty in the maximum amount of
$2,000.00 for violations thereof; providing a severability clause and an effective
date. The Planning and Zoning Commission voted [X-X] to recommend approval of
the request. Motion for approval by Commissioner X and second by Commissioner
X. (DCA23-0011a, Private Cemetery Use, Cameron Robertson).
DCA23-0011
a
C.
6. ITEMS FOR INDIVIDUAL CONSIDERATION – CONSIDERATION OF THE USE OF
EMINENT DOMAIN TO CONDEMN REAL PROPERTY INTERESTS
-- PLACEHOLDER IN THE EVENT EMINENT DOMAIN ITEMS ARE SCHEDULED;
OTHERWISE, WILL BE DELETED. --
7. ITEMS FOR INDIVIDUAL CONSIDERATION
Consider adoption of an ordinance of the City of Denton, Texas approving changes
to the Denton Development Code (DDC) relating to streetlighting, wherein
installation of streetlights in emitting no up-light is required in new developments,
and a new Streetlight Criteria Manual is implemented.
ID 23-1605A.
Consider adoption of an ordinance of the City of Denton adopting a schedule of fees
for the Denton Parks and Recreation; superseding all prior ordinances establishing
fees in conflict with such schedule; providing for severability; and providing for an
effective date.
ID 23-1863B.
8. CONCLUDING ITEMS
A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the City
Council or the public with specific factual information or recitation of policy, or accept a proposal
to place the matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the
Texas Open Meetings Act, provide reports about items of community interest regarding which no
action will be taken, to include: expressions of thanks, congratulations, or condolence; information
regarding holiday schedules; an honorary or salutary recognition of a public official, public
employee, or other citizen; a reminder about an upcoming event organized or sponsored by the
governing body; information regarding a social, ceremonial, or community event organized or
sponsored by an entity other than the governing body that was attended or is scheduled to be
attended by a member of the governing body or an official or employee of the municipality; or an
announcement involving an imminent threat to the public health and safety of people in the
municipality that has arisen after the posting of the agenda.
B. Possible Continuation of Closed Meeting topics, above posted.
C E R T I F I C A T E
I certify that the above notice of meeting was posted on the official website
(https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E.
McKinney Street, Denton, Texas, on November 3, 2023, in advance of the 72-hour posting deadline, as
applicable, and in accordance with Chapter 551 of the Texas Government Code.
Page 6 City of Denton Printed on 10/13/202380
November 7, 2023City Council Meeting Agenda
__________________________________________
OFFICE OF THE CITY SECRETARY
Page 7 City of Denton Printed on 10/13/202381
City of Denton
Meeting Agenda
City Hall
215 E. McKinney St.
Denton, Texas 76201
www.cityofdenton.com
City Council
Development Service Center11:30 AMTuesday, November 7, 2023
Joint Special Called Meeting with Denton ISD Board of Directors
WORK SESSION BEGINS AT 11:30 A.M. IN THE COUNCIL WORK SESSION ROOM
After determining that a quorum is present, the City Council of the City of Denton, Texas will convene in a
Work Session on Tuesday, November 7, 2023 at 11:30 a.m. in the Development Service Center, Training
Rooms 1, 2, 3, 4, and 5 at 401 N. Elm Street, Denton, Texas at which the following items will be considered:
WORK SESSION
1. Work Session Reports
Receive a report, hold a discussion, and give staff direction regarding an update on the
implementation of House Bill 3 from the 88th Session of the Texas Legislature.
[Estimated Presentation/Discussion Time: 30 minutes]
ID 23-1731A.
Receive a report, hold a discussion, and give staff direction regarding an update on the
Bronco Way construction project.
[Estimated Presentation/Discussion Time: 15 minutes]
ID 23-1732B.
Receive a report, hold a discussion, and give staff direction regarding an update on the
Riney Road expansion project.
[Estimated Presentation/Discussion Time: 15 minutes]
ID 23-1733C.
Receive a report, hold a discussion, and give staff direction regarding an update on City of
Denton summer camp programming.
[Estimated Presentation/Discussion Time: 30 minutes]
ID 23-1734D.
Receive a report, hold a discussion, and give staff direction regarding an update on the
installation of public art on City of Denton traffic signal boxes.
[Estimated Presentation/Discussion Time: 30 minutes]
ID 23-1735E.
Following the completion of the Work Session, the City Council will convene in a Closed Meeting in the
Council Work Session Room to consider specific item(s) when these items are listed below under the Closed
Meeting section of this agenda. The City Council reserves the right to adjourn into a Closed Meeting on any
item on its Open Meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended,
or as otherwise allowed by law.
NOTE: The City Council and Denton Independent School District Board of Directors reserves the right to
adjourn into a Closed Meeting or Executive Session as authorized by Texas Government Code, Section
551.001, et seq. (The Texas Open Meetings Act) on any item on its open meeting agenda or to reconvene in a
continuation of the Closed Meeting on the Closed Meeting items noted above, in accordance with the Texas
Open Meetings Act, including, without limitation Sections 551.071-551.089 of the Texas Open Meetings Act.
Page 1 Printed on 10/13/202382
November 7, 2023City Council Meeting Agenda
C E R T I F I C A T E
I certify that the above notice of meeting was posted on the official website
(https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E.
McKinney Street, Denton, Texas, on November 3, 2023, in advance of the 72-hour posting deadline, as
applicable, and in accordance with Chapter 551 of the Texas Government Code.
__________________________________________
OFFICE OF THE CITY SECRETARY
NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE
ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY
WILL PROVIDE ACCOMMODATION, SUCH AS SIGN LANGUAGE INTERPRETERS FOR THE
HEARING IMPAIRED, IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE
SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940-349-8309 OR
USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX
SO THAT REASONABLE ACCOMMODATION CAN BE ARRANGED.
Page 2 Printed on 10/13/202383
Meeting Date Item Legistar ID Departments Involved Type Dry Run Date Estimated Time
October 3, 2023
A. Facilities Master Plan 23-1544 Facilities City Business 10/10/2023 1:00
B. Street Lights Criteria Manual 23-1601 DME City Business 0:45
C. Two-Minute Pitch: McGee, Meltzer 23-224 City Manager's Office Council Request 0:30
Closed Meeting Item(s): TBD Legal (if any)City Business 0:30
Total Est. Time: 2:45
A. Climate Action and Adaptation Plan 23-937 Env. Svcs. & Sustainability City Business 10/10/2023 1:00
B. Parks and Recreation Fees 23-1861 Parks and Recreation City Business 10/17/2023 0:30
C. Two-Minute Pitch: 23-225 City Manager's Office Council Request 0:30
Closed Meeting Item(s): TBD Legal (if any)City Business 0:30
Total Est. Time: 2:30
A. House Bill 3 Implementation Update 23-1731 Police Department City Business 10/31/2023 0:30
B. Bronco Way Update 23-1732 Capital Projects/Engineering City Business 10/31/2023 0:15
C. Riney Road Expansion Update 23-1733 Capital Projects/Engineering City Business 10/31/2023 0:15
D. Summer Camps Update 23-1734 Parks and Recreation City Business 10/31/2023 0:30
E. Traffic Box Art Program Update 23-1735 Parks and Recreation City Business 10/31/2023 0:30
Closed Meeting Item(s): TBD Legal (if any)City Business 0:30
Total Est. Time: 2:00
A. DCTA Quarterly Update 23-466 Engineering City Business 1:00
B. Rental Registration Program 23-1701 Community Development City Business 10/24/2023 0:30
C. Two-Minute Pitch: 23-226 City Manager's Office Council Request 0:30
Closed Meeting Item(s): TBD Legal (if any)City Business 0:30
Total Est. Time: 2:30
A. 017 Meter Reading & Billing Audit Follow-up 23-1812 Internal Audit City Business 0:15
B. 021 Water System Operation Audit Follow-up 23-1813 Internal Audit City Business 0:15
C. Roadway Impact Fees 23-405 Engineering City Business 1:00
D. Northeast Denton Area Plan 23-1194 Planning City Business 1:45
E. Strategic Plan Update 23-1860 Finance City Business 0:30
F. Two-Minute Pitch: 23-227 City Manager's Office Council Request 0:30
Closed Meeting Item(s): TBD Legal (if any)City Business 0:30
Total Est. Time: 4:45
November 21, 2023
A. Downtown Master Plan 23-1988 Planning City Business TBD
Closed Meeting Item(s): Legal (if any)City Business 0:30
Total Est. Time: 0:30
A. Future Charter Election 23-1634 City Manager's Office Council Request 0:45
B. Design Criteria Manual Updates 23-1855 Engineering City Business 0:30
C. Hillwood Update TBD City Manager's Office City Business TBD
D. Rental Registration Follow-up 23-1701 Community Development City Business 0:30
E. Two Minute Pitch 23-228 City Manager's Office City Business 0:30
Closed Meeting Item(s):Legal (if any)City Business 0:30
Total Est. Time: 2:45
A. Audit Project 035 Staff Recruitment & Hiring 23-594 Internal Audit City Business 0:30
B. Hillwood Update 23-1924 City Manager's Office City Business TBD
C. THIRST hydration stations TBD Water, Parks, Dev. Services City Business TBD
D. Final Wastewater Master Plan 23-1575 Water Utilities City Business 0:45
E. DPD Chief of Police Advisory Board TBD Police Department City Business TBD
F. Two-Minute Pitch: 23-229 City Manager's Office Council Request 0:30
Closed Meeting Item(s): TBD Legal (if any)City Business 0:30
Total Est. Time: 1:45
December 19, 2023
A. Parking Minimum TBD City Manager's Office City Business TBD
B. Strategic Plan Update 23-1860 Finance City Business 0:30
C. MUDs and MMDs 23-652 Development Services City Business 1:00
D. Two Minute Pitch:23-230 City Manager's Office City Business 0:30
Closed Meeting Item(s):Legal (if any)City Business 0:30
Total Est. Time: 2:30
A. Two Minute Pitch:TBD City Manager's Office City Business 0:30
Closed Meeting Item(s):Legal (if any)City Business 0:30
Total Est. Time: 1:00
Item Legistar ID Departments Type Estimated Work
Session DateDowntown Public Improvement District TBD Economic Development City Business TBD
Denton Renewable Resource Plan TBD DME City Business TBD
Item Dates Departments Type Estimated Work
Session Date
Item Date Approved Department Estimated Hours to Complete Requestor
RFP for a Downtown Parking Survey 10-18-2022 Economic Development TBD CM Davis
Towing Enforcement Signage 2-7-2023 Capital Projects TBD CM Davis
January 9
Work Session (@2:00 p.m.)
Special Called Meeting (@6:30 p.m.)
January 23
Work Session (@2:00 p.m.)
Special Called Meeting (@6:30 p.m.)
December 5
Work Session (@2:00 p.m.)
Regular Meeting (@6:30 p.m.)
NO MEETING - December Break
December 12
Work Session (@2:00 p.m.)
Special Called Meeting (@6:30 p.m.)
Other Major Items for Meeting:
NO MEETING - National Night Out
NO MEETING - Thanksgiving Week
November 7
Work Session (@2:00 p.m.)
Regular Meeting (@6:30 p.m.)
Other Major Items for Meeting:
Other Major Items for Meeting:
October 17
Work Session (@3:00 p.m.)
Regular Meeting (@6:30 p.m.)
Other Major Items for Meeting:
October 24
Work Session (@2:00 p.m.)
Special Called Meeting (@6:30 p.m.)
Other Major Items for Meeting:
November 7
Joint Meeting with DISD
(@11:30 a.m.)
At the Development Service Center
Approved Council Pitches to be Scheduled
Work Session To Be Determined
Council Priorities and Significant Work Plan Items
to be Scheduled
Tentative Work Session Topics and Meeting Information
Updated: October 13, 2023
November 14
Work Session (@2:00 p.m.)
Special Called Meeting (@6:30 p.m.)
Other Major Items for Meeting:
December 5
Joint Meeting with P&Z
(@11:00 a.m.)
Other Major Items for Meeting:
Other Major Items for Meeting:
Other Major Items for Meeting:
*This is for planning purposes only. Dates are subject to change.84
1 Street Closure Report: Upcoming ClosuresSCR Oct 16th - 22ndStreet/ IntersectionFromToClosure StartDateClosure EndDateDescriptionDepartmentDepartment Contact1Westwood DrDudley StParvin St10/30/23 12/08/23 Curb / Sidewalk/ Valley Gutter repairStreetsRoy San MIguel Exported on October 13, 2023 11:48:15 AM CDT85
2 Street Closure Report: Current ClosuresStreet/ IntersectionFromToClosure StartDateClosure EndDateDescriptionDepartmentDepartment Contact1Avenue CEagle DrHighland St09/18/23 11/03/23 Relocation of gas lines. AtmosGavin Petner2Avenue CMaple StHighland St10/02/23 12/04/23 Atmos gas relocationAtmosGavin Petner3Azalea StParvin StLaurel St05/30/23 11/03/23 Utility installations andpavement replacement.EngineeringScott Fettig4Bell AveSycamore StPrairie St08/21/23 10/20/23 Utility installations andpavement replacement.EngineeringScott Fettig5Bernard StAcme StRoselawn Dr05/30/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig6Bradshaw StWilson StPrairie St01/30/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig7Bradshaw StPrairie StSycamore St03/13/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig8Brightwood TerraceWilsonwood DrLongfellow Ln09/11/23 11/20/23 Utility InstallationEngineeringTaylor Holt9Camellia StParvin StLaurel St05/30/23 11/03/23 Utility installations andpavement replacement.EngineeringScott Fettig10Chaparral CtCooper Branch EDead End08/14/23 11/06/23 Utility ReplacementEngineeringTaylor Holt11College Park DrPeach StDead End10/02/23 01/31/24 Street reconstructStreetsJeff Jones12Collins StJohnson StDead End West08/22/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig13Crawford StMulberry StSycamore St10/09/23 12/11/23 Utility installations andpavement replacement.EngineeringScott Fettig14Fowler DrCollege ParkPeach St10/02/23 01/31/24 Street reconstructStreetsJeff Jones15Hickory Creek RdRiverpass DrFM 183003/13/23 12/31/24 Bridge InstallationEngineeringDustin Draper16Highland StLocust StWainwright St01/30/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig17Industrial StBell StMulberry St07/05/23 12/29/23 Utility installation and roadwayworkEngineeringSeth Garcia18Katy TrailEdwards RdDCTA MedPark Station08/21/23 11/30/23 A small section of Katy Trail willhave intermittent closures toaccommodate the constructionof the new Mayhill Road Bridgeover the DCTAOtherTracy L. Beck, PE, PMP19Leslie StWillowwood StDudley St08/31/23 01/08/24 Utility installations andpavement replacement.EngineeringScott Fettig20Lookout LnWindsor DrWestward Dr10/16/23 11/24/23 Panel and Sidewalk Repair StreetsRoy San Miguel21Maple StCarroll BlvdElm St07/05/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig22Maple StElm StCarroll Blvd09/15/23 11/03/23 Utility installations andpavement replacement.Scott Fettig23Masch Branch RdLovers LnDarby Smith Rd09/07/23 10/20/23 Base failureStreetsJeff Jones24Mayhill RdIH 35Colorado Blvd10/06/23 10/27/23 One lane to be closed forstaging construction operationsfor new bridgeOtherTracy L. Beck, PE, PMP25Mayhill Rd@ Spencer Rd03/28/23 10/28/23 Water main tie-in and turn laneadditionPublic Works Inspections Ryan Cuba26Mayhill Rd@ Colorado Blvd10/06/23 10/31/23 One Turn Lane each directionclosed to allow material staging.EngineeringTracy L. Beck, PE, PMP27McKinney StMayhill RdRyan Rd05/04/23 10/28/23 Turn lanePublic Works Inspections Ryan Cuba28McKinney StLoop 288Mayhill Rd07/20/23 10/28/23 Sidewalk demo and newsidewalkPublic Works Inspections ryan cuba29Mill Pond RdEmerson LnOld North Rd09/11/23 11/13/23 Utility InstallationsEngineeringTaylor Holt30Mingo RdMockingbird LnSirius Dr09/25/23 10/20/23 Base FailuresStreetsJeff Jones31Mulberry St EBell AveIndustrial St08/21/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig Exported on October 13, 2023 11:48:23 AM CDT86
Street/ IntersectionFromToClosure StartDateClosure EndDateDescriptionDepartmentDepartment Contact32Mulberry St EWood StCrawford St10/09/23 12/12/23 Utility installations andpavement replacement.EngineeringScott Fettig33Myrtle StFort Worth Dr (HW377)Eagle Dr06/05/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig34Myrtle StMaple StHighland St07/05/23 10/31/23 Utility installations andpavement replacement.Scott Fettig35Myrtle StEagle DrMaple St07/05/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig36Nicosia StElm St (HWY 77)Santos Dr09/11/23 10/23/23 This work belongs to theNorthwest Booster PumpStation Project. The contractorwill be excavating acrossNicosia St. so that they may tieinto the 42" water line in thecenter of the road way. Theexcavation along with roadwayrestoration and repairs will takeapprox 28 days to complete but,has the possibility of beinglesser if no issues areuncovered during excavation. Amessage board will bedisplayed 1 week prior toclosure informing the residentswho do not receive theseupdates. Detours will beprovided and maintainedthroughout the construction.OtherColton Garrett37Oakwood DrMcCormick StEast Dead End10/02/23 02/08/24 Utility installations andpavement replacement.EngineeringScott Fettig38Palo Verde DrBrias CtMontecito Dr09/08/23 10/27/23 ReconstructJeff Jones39Panhandle StBonnie Brae StEastpark Blvd10/02/23 10/27/23 Water service taps, and streetpanel repairs for east boundlane and turning lane.Private DevelopmentZabdiel Mota40Parkside DrWindsor Dr WBowling Green St10/16/23 11/03/23 Pavement replacement EngineeringScott Fettig41Peach StBell St NLocust St N10/02/23 01/31/24 Street reconstructStreetsJeff Jones42Pheasant Hollow StWindbrook StWillow Stone St09/11/23 10/23/23 Pavement Replacement EngineeringTaylor Holt43Pickwick LnOxford LnWindsor Dr08/21/23 11/06/23 Utility ReplacementEngineeringTaylor Holt44Pierce StMaple StHighland St07/05/23 10/31/23 Utility installations andpavement replacement.Scott Fettig45Prairie StLakey StTo Cemetary/ Halfway down Prairie 08/17/23 10/20/23 Narrow lane closure from Lakeyup to Cemetary beforeBradshaw to install new stormdrain.Public Works Inspections Stephany Trammell46Smith StDallas Dr (Hwy 77)Hill St03/06/23 11/03/23 Utility installations andpavement replacement.EngineeringScott Fettig47Smith StJohnson StBell Ave01/30/23 11/03/23 Utility installations andpavement replacement.EngineeringScott Fettig48Sycamore StExposition StRailroad Tracks on Sycamore 08/17/23 10/20/23 Work on manholes and for LangRailyard Private DevelopmentPublic Works Inspections Stephany Trammell49Sycamore StExposition StCrawford St03/13/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig50Sycamore StWood StCrawford St10/09/23 12/11/23 Utility installations andpavement replacement.EngineeringScott Fettig51Sycamore StIndustrial StWainwright St04/24/23 12/29/23 Roadway & UtilitiesEngineeringSeth Garcia52Tanglewood StLocust StPheasant Hollow St09/11/23 11/06/23 Pavement replacement EngineeringTaylor Holt53Trinity RdMills RdCooper Rd10/12/23 11/03/23 Installation of force main anddemo of old systemPublic Works Inspections Ryan Cuba54Underwood StNorth Texas BlvdKendolph Dr08/28/23 11/03/23 Pavement replacement. EngineeringScott Fettig55Vista Verde RdMontecito DrDead End East09/11/23 10/20/23 Street ReconstructStreetsJeff Jones Exported on October 13, 2023 11:48:23 AM CDT87
Street/ IntersectionFromToClosure StartDateClosure EndDateDescriptionDepartmentDepartment Contact56Wainwright StHighland StPrairie St03/13/23 10/31/23 Utility installations andpavement replacement.EngineeringScott Fettig57Wainwright StPrairie StSycamore St04/24/23 11/17/23 Roadway, utilitiesEngineeringSeth Garcia58Wisteria StParvin StLaurel St05/30/23 11/03/23 Utility installations andpavement replacement.EngineeringScott Fettig Exported on October 13, 2023 11:48:23 AM CDT88
3 Street Closure Report: Completed ClosuresStreet/ IntersectionFromToClosure StartDateClosure EndDateDescriptionDepartmentDepartment Contact1Augusta DrColonial DrAugusta Dr (2900)07/11/22 10/06/23 Utility installations andpavement replacement.EngineeringScott Fettig2Ave HHickory StStella St09/30/23 10/10/23 Pavement replacement forelectrical substationPublic Works Inspections Lee Thurmond3Avenue SPrairie StDead End South03/06/23 09/15/23 Utility installations andpavement replacement.EngineeringScott Fettig4Bolivar St (1611)Westway StCollege St W09/12/23 09/22/23 Sidewalk and Drive Approach Streets OtherJeff Jones5Brook Hollow DrGreenway DrCarriage Hill Rd10/07/22 09/15/23 Utility installations andpavement replacement.EngineeringScott Fettig6Buena Vista DrMontecito DrCul-De-Sac08/14/23 09/15/23 re construct roadwayStreetsJeff Jones7Carriage Hill RdThunderbird DrBrookhollow Dr06/05/23 10/06/23 Pavement replacement. EngineeringScott Fettig8Chestnut St & Ave D North Texas BlvdAvenue C08/28/23 09/26/23 Relocation of gas lines. AtmosGavin Petner9Colonial DrThunderbird DrDead End South07/11/22 10/06/23 Utility installations andpavement replacement.EngineeringScott Fettig10Greenway DrThunderbird DrDead End South07/11/22 10/06/23 Utility installations andpavement replacement.EngineeringScott Fettig11Greenway DrThunderbird DrWindsor Farms Dr10/07/22 10/06/23 Utility installations andpavement replacement.EngineeringScott Fettig12Hickory St WBonnie Brae StAve G09/04/23 09/29/23 work associated with the DMEsubstationPublic Works Inspections Lee Thurmond13Lakewood DrGreenway DrCarriage Hill Rd10/07/22 09/15/23 Utility installations andpavement replacement.EngineeringScott Fettig14Mill StAllen StJohnson St01/17/23 09/22/23 Utility ReplacementEngineeringSeth Garcia15Mounts AveOak St WGregg St09/05/23 09/29/23 Relocating gas mainAtmosGregory McCutchen16Oak StBonnie Brae StThomas St09/30/23 10/10/23 Pavement replacement forelectrical substationPublic Works Inspections Lee Thurmond17Syracuse DrDepaul3705 Syracuse09/21/23 09/26/23 Drive approach and sidewalk StreetsJeff Jones18Thomas StEmery StBellmead Dr10/09/23 10/13/23 Relocating gas mainAtmosGregory McCutchen19Thunderbird DrColonial DrCrestmeadow St06/05/23 10/06/23 Utility installations andpavement replacement.EngineeringScott Fettig20Windbrook CtWindbrook StDead End07/31/23 09/29/23 This work includes roadreconstruction with subgradestabilization, asphalt paving,and concrete curb and gutter.OtherTaylor Holt21Windbrook StPheasant Hollow StShadow Trl08/21/23 10/02/23 This work includes roadreconstruction with subgradestabilization, asphalt paving,and concrete curb and gutter.EngineeringTaylor Holt22Woodrow LnMcKinney StTroy H Lagrone Dr02/20/23 09/29/23 Water tie inPublic Works Inspections Ryan Cuba Exported on October 13, 2023 11:48:32 AM CDT89