HomeMy WebLinkAbout09-30-1993
3 I
I et
5 I it T: I
,r
r t;
Tr }A COMPREHENSIVE ANNUAL FINANCIAL MERIT
;r'ah' 6t SEPTEMBER 301 1993 f:
i *J
h
4 "y
A I)
lyy AY ` b 4 JI,
[iL{LI
l
F A±t, KI tai
1 Af n~~
f }t
} i sY
ETAS 10~i
l
,
,r
' t ',t _ a a. a,.,. ' ~~t,
1 4r A +
.q
v
%
f
4
r
r-.,eej-.
I r„F
Y ~
rI 4
,
l I
r
I
•
Diu CITY OF DENTON, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
y^
For the Recel year ended September 30, 1993
•
jlj
~MHM1 1~ Rl. 1 • I l~ Y 1
Prepared by the
p
, TEXAS
. . ENTON,
aA..
CITYF D
fINANCE DEPARTMENT J
l~+ I~ oa.
F
1 r, ,
t CITY MANAGER • ,;a Y^
{ Lloyd V. Hbrrell
is
EXECUTIVE DIRECTOR Of FINANCE
j
Jahn F. McCrone
o-"i lf.~' ~e• F
l 4-
rs:
Jp~~~pp y~~~.VdpLWr:nl6~maAt sr.NiNhL:P.♦y rgPfP=YLtiI,'~e{1 a.YnFS~•ig6 Y, •!.~n ra
~ "~'~T rf'FJ'r/m I Sf4.
l La' wr+i.'r.M
TABLE OF CONTENTS
INTRODUCTORY SECTION:
Transmittal Letter .
Organization Chart . x
.
Certificate of Achievement xi
......wi
List OfOffideb
1 ;7
RAM 011 SECTION: .1
r
w, Auditors' Report
,
.r
Genersl Purpose Financial Statements-
Combined Balance Sheet • Ali Fund Types and Account Groups . . 2
Combined Statement of Revenues, Expendituras and Changes in Fund '
Balances - All Governments] Fund Types and Expendable Trust Funds 8 `
Combined Statement of Revenues, Experditures and Changes In Fund Balances - `
Budget and Actual - General, Special Revenua and Debt Service Funds
110
(eu4pet Baste)
Expenses and Changes in Retained
Combined Staternfant of Revenues,
Earnings • AN Proprietary Fund Typos . ...12
Combined Statement of Cash Flowa'• AN Proprietary Fund Types . .....14
Noted to Financial Statements . ......19
Combinlnq and ! dividual Fund Finsndat Statements-and Schedule- ?
Combiningi Balaoca Sheet - AN Spedal Revenue Funds ..:.48
i Combining Statamant of Revenues. Expenditures and Changes
in fund Balance - AN Speclei Revenue Funds 48
Combinkp Balance Sheet -Ail Capital Proi.cta Funds . . ~ .52 Combining Statement of Revenues, Expenditures and Changes in Fund
Baace" - III Capital Projects Funds ...................................54 I'
Combin{nq BaWo Sheet - AN Enterprise Funds . . . 68 ;
Combining Steternant of Revenues, Expenses and Changes In Retained t,
Esmktga • AN Enterprise Funds ..........................62 ;
Combining Statement of Cash Flows - AN Enterprise Funds 64
Schedule of Revenues, Expenses and Chang" In Retained
Earnings - Budget and Actual - AA Enterprise Funds (Budget Basis) 68 k
Combining Balance Sheet • Wky System , . .........70
i Combining Schedule of Revenues, Expenses and Changes in Retained
•lh7 System
Eamh+a 74
Combining Schedule of Cash Flows - Utility System . . . ....76
Combining Balance Sheet Is AB Internal Service Funds r .......82 f
J.
Combining Statement of Revenues, Expenses and Changes In Retalned
j Eamings • AN Internal Service Funds . . . .......84
f
L
1 yl
e
4
1,',16 F y' f`.
i
I
5
I j I f
Combining Statement of Cash Flows - All Internal Service Funds . . . . . . Be
Schedule of Flevenues, Expenses and Changes In Retained
Earnings - Budget and Actual • All Internal Service Funds (Budget Basis) as
Combining Balance Sheet - All Trust and Agency Funds .........................92
Statement of Changes In Assets and Liabilities - AN Agency Funds 94 !
t Supplemental Financial Information i
G I' General Fund - Schedule of Expenditures - Budget and Actual 87
t
t
3TA1/ST/CAL SEC1f0rV fflNAflD/TEDJ: '
I
Table 4
r ~ .T
1 General Goverrynent Expenditures by Function Lett Yen Fiscal Years . , 110
I i.
2 General ftsyenuea by,Soures ~kl4st:Yen Fhcil Yeari,~ , , .112
' 3 Property Uk Levw and coo ione" Lik T"n `FboN Yuen 114
t 4 Assessed and Estimated Actual V*s of Tax" pC
Last Ten Fbcat Ysar
5 N" Tix Fiat"'ond Talc Levin • AM Ov"pptng CRo enunents I
Last
~ (T~a~n~ ~Fi~s~cal Yesri , ......118 +
8 Spacial Aaaessrrtent I . crlona Last Yen Fiscal Yean• 119 i ;
7 Ratio of Net Can" Bonded •Debt t6'Asseaaed Value Mal Net
Bonded Debt Par Caph Last dintacij Year/ ..120
8 ComAutstiort of Legal Debt Margin , r....... .........122 Y
9 Computation of Direct and Overlapping Wbt 23
, . . . . . . . , . . . 1
. .
10 Ratio of Annual Debt Service Expand Lures for General
Bonded Debt to Total General Expenditures Last Ten Fiscal Years 124
11 Revenue bond Debt Service Coverage • Lut Ten Fiscal Years . ....128
,
12 Property Value, Construction and Sank Deposits - Last Ton Fiscal Yeas , 128
13 Principal Texpsyen ...M
14 Scfredula of Iruurance to Force . 132
15 Ow"raphic Statistics - Last Ten Fiscal Years ..............134
18 Miscallaneous Statistical Data .........................................138
i '
r, hI ~;r
3 . fA
i
n~twp~h•;,.V Yu43dr.:rt rx4 n GVRp!+ I ".'a.:.L~. ,.4Yt,... , . . . , ~
41 z
li
CITY OF DENTON, TEXAS
f
a
o
I a 11
Y hn'
Ile,
to 1;
is
°l r l~ + f r
y,Y i. 1 Y v Il ~ ~ I' y• c , y. Ca"i wr ,~~~~~I
~~t i t } A I I'~ ' •i 1 i 4 ttfr '.i r, l A" ` j;
y } G +I .Y dfI' 1 ,i .t~:'Yl [r, d x,r
r t k ,
r ' yi W I # 0 1 P
Y1+ J4, t
°
7j(y f4
Ay • R
:
• 1
n
r
rv
1
y.
. i Jt. t
l
I ~
1 IAAA, 1 ~ ~ If~.
k
r : , ~ a 4i I,
'
Cpmp►rhM1*f AffAr Fkwo" R*W
9 4 ` W~
r +
-r.'.1.altc-.N lr; 'NifN4i✓. •nIWISY~'+~u yN
f d ` Y: _ 114.
I} 'ld Vi ~n a s l 1 I, s. :~,r iLi Fnrp,l
I
I
awl
f
I
r
,
61TYof'DENTOK, TEXAS MUNICIPAL BUILDING / 215 E. McKINNEY / DENTON, TEXAS 76201
}
i
f January 7, 1994
T0:. The Honorable Mayor, Members of City Council and Cic;:ens of the City of Denton
Submitted herewith it a copy of the Comprehensive Annual Financial Report of the
City of 'Denton for the fiscal year ended September 30, 1993. The responsibility for both the
accuracy of the presented information and the completeness end fairness of the presentation of
the dots, k06ding all disclosures,,rects with the City. To the best of our knowledge and belief,
the enclosed data an acouratai In an material respects and ere, reported In a manner designed to
present fairly tine end results of operatim of the various funds and account groups of the City,
Al disclosures necessary to enable the reader to gain an understanding of the City's financial
t ectivitiet MYe,basn included. The Comprehensive Annual Finencial Report Is presented In three
p` j sections tnaoductory, }Inertias and statistical. Tf>. inturoducto4Y aectlon irtck+das this transmittal
' letter, the City`s argani:atlonal chart, and a Not of principal officials. The financial section includes j
tho general purpose financial statements, the combining and Individual funJ and account group i
fkufxdel ststernents and schedules, so, wen as the, Auditor's Report on the financial statements ,
arid, rcindules„ The atat(atical secucn Included selected financial and demographic informstlon,
generally r,rpreaented•on a muhl-year beets, 3
This report Includes all funds and account groups of the City. The City provides a y
I full range of services, which include poNge and fire protectlcn; saeltation services; the construction
i and meintenunce of highways, streets and infra stn,cture; and voter, wastewater and electric
utilities.
Econornk Condition and Outlook
Recent events should have a positive affect on local economic conditions, Sales
tax receipts grew frLnn $5,536,802 at September 30, 1992, to 16,311,913 at September 300
r Denton became home to two new restaurants located on 1.35 Just north `bf
U. S. Highway 380 • Cracks( Barret and (food Eats. Both restaurants have been very successful
and provide over app Jobs to the community.
In addition, Old Country Buff et, Inc. opened a new location in the Golden Triangle
~y} Mail, Old Country Buffet, Inc. Is based In Minnesota and has 160 restaurants nationwide. The
f Denton location employs 60.
• EI
1
8 f 7/5688200 D/FW METRO 434.2629
i ?I
c
V
9.
Transmittal Letter icontinuedi
( i
{ 1
3
i
Appiebse'S and Braum's will open new facilities soon on 1.35E.
Exposition Mills Denton Factory Stores celebrated its grand opening July 3 • 5,
1993. Exposition Mills is in the process of adding the fifth building to the center. The center
currently has 35 stores, and the new building will house an additional eight to ten new stores.
Exposition Mills employs in excess of 400 people.
Peterbat Motor Company celebrated the grand opening of the new engineering lab l
at the plant facility and the reloestioc of Peterbih's division headquarters from Newark, Califomle.
The retocetlon and expansion brought employment for Peterbih to approximately 1,300
the total
E in Denton.
Telecom Remarketing Corporation of America ITRCAi wile Northern Telecom,
AT&T, ROLM, NEC and Mitet equipment. They also purchase excess telecom Inventory (entire }
systems or parts) sod repair defective circuit boards and telephones. TRCA relocatad to Denton }
from Corrollton, Texas. TRCA has eleven employees and expects to employ 35 within 12 to 15 j
months. ]
GTE Telephone Operations opened its Business Contact Center in Denton and wnl i
employ approximately 190 at full copecity. The center handles cuetnmer inquiries from GTE's
mu(t-line business customers within a 13 state area.
Wsethertrol Supply completed its 60,000 square foot first phase of a new 120,00
square foot offids/werahouse on out U.B: Highway 380. Total employment at this new fealty
is 85. I ;
Cogoalt Manufacturing, Inc. began production and distribution, of stool gun Was in
die summer of 1992. Colbak recently purchased a 21,840 square foot building in Denton, moving
k . from 10,000 square foot leased facility on 1.35W. Approximately ten employees wig be
. } added to the awrent staff of 16.
J HCA Denton Community Hospital completed its 623 million expansion pro)wt,' The
expansion kWuded the addition of a third floor with 48 private patient rooms and a 12 bed
pWtsatve care unit, a new comprehensive cardiac care center, a new magnetic resonance
Imaging center, on outpatient surgery center, and a 30,000 square foot office building.
Approximately 100 new jobs were created by HCA'a expansion.
Epic Healthcare broke ground on he new $48 million hospital located on 135E In
May 1993. The hospital Is being built on approximately 50 acres of the 300 sore tract purchased
by EPIC last year. The entire project should be completed In two to three years. The new hospital
wig have 139 private patient rooms, outpatient surgery and diagnostic center, the Heart Center
of Denton, and a women's cantor. The new facility will add an additional 100 jobs to the current
Denton Regional Medical Center staff.
i
E& Healthcare also relocated its corporate financial service center from the Donas
area, bringing 70 new jobs to the community. The center Is located at the Denton Regional Flow
campus.
i
ra
5
r,4ps~
l
Transmittal Letter (continued)
Major Initiatives
i
The future looks promising due to the economic development activities that IN
occurring within the city. Still, the preparation of the budget for the fiscal year 1992-93 was e
difficult process. The 1992.93 budget was created with the philosophy of maintaining the City's
fiscal Integrity and limiting reductions in current service levels.
The City, encountering tremendous growth In the early 1980's, began experiencing
limited growth in 1989. Past growth forced department managers to face strains on manpower,
equipment and infra-structure while, at the some time, reducing thek.1992.93 budget by 2% over
their prior year budget. The 1992.93 budget felt the pressures of rising expenditures, fueled by
the demand for servtcee, coupled with ever decreasing resources to meet these demands. The
1992-93 budget challenge was to address the problem of shMking resources while keeping the
reduction of service levels to citizens at a minimum. To accomplish this goal, no new positions
i were added to the 1992.93 General Fund budget. In fact, due to budget constraints, positions
were eliminated to balance the budget.
Revenue bases that typically expanded by an annual increase of 10% to 15%
continued to incressa only i % to 5% and, In some cases, were actually declining. The assessed
taxable value for the City has decreased for the past two years. Therefore, Council adopted the
effective tax rate which represents the tax rate needed to generate the same amount of ad
valorem tax revenue so In the prior year. However, some revenue bases such as sales tax
increaead sW* over the past year, It is anticipated that this trend will coetirm, which would
i be a good Mcicatlon that the kneel economy Is indeed Improving. Although it is Akeltr to to a slow
recovery, commitments by large commercial firms shd other developments mentioned singer wVA
add r!ignificantly to the employment and revenue bases. Long term projections for Denton sal
j Indicate oontknusd growth and expansion well beyond the year 2000. j
k 1
For the Future - As Indicated earlier, the City has embarked upon an economic
development program with the philosophy of attracting industrial prospects and expanding existing I
companies. The establishment in 1987.88 of the Economic Development Office and the
development of a utility rote incentive program should help facilitate future growth and attract s
Industrial prospects like those mentioned previously. The Utilities Department has also established
within its Capital Improvements Program (CIP), a 1500,000 assistance program to aid In the }
I construction of water and sewer lines for Industrial and residential development.
I In addition, Oe Planning Department has developed the Main Street Program, which E
began In the 1988.89 budget year. The Coardinstor works In conjunction with the State's Main
Street Program in order to revitalize the downtown area.
During fiscal year 1988.87, a five year, 421,637,000 Caphal Improvement Program `
ICIP) was approved by Council. A voter approved bond sale authorized the sale of bonds to
fiance the program with the bonds to be issued over a period of years. Fiscal year 1992-93 i
would have been the seventh year of 1988.87 CIP, and an unissued balance of 16,357,000
remains unsaid but authorized by the voters. Because of general fund revenue shoMalls end the
commitment to the voters not to raise taxes tr, fund the CIP, certain projects ware rescheduled.
In Wit the 1992.93 budget recommends Initiating park and recreation projects Including park
dev6opment, land acquisition, and pool renovation projects; a low enforcement centerfcomplex
pmject; a 1,000-foot runway extension at the airport; and the beginning of a Nbrary expansion
# protect. The Utility Department: Water, Wastewater, end Electric Deps: tments continued wit!n
t
•iii•
i
mss..
Transmittal Letter (continued)
their Capital )mprovernent program which continued to replace necessary hems within the Utility
Department. In addition, the Utilities have reviewed necessary expansion plans which Include
the opening of
building a new water treatment plant in tlw future. This Improvement, along with
beyond the year
' flay Roberts Water Reservoir In 1986-89, will provide adequate water supply wall 2000.
Flnandd inforrnetlon
The management team of the City is responsible for establishing and maintaining
sn inte nal control structure designed to ensure that the assets of the city are protector" from loss, i
theft or misuse and to ensure that adequate accountirq date we compled to allow for the
preperstbn of financial statements in conformity with continued generaay, accepted accounting
principles. The Internal control structure is designed to provide reasonable but not absolute
assurance that these objecdves are met. The concept of reasonable assurance recoo6z" that
(1) the cost of the controls should not exceed the benefits likely to be derived, and, (2) the
valuation of W•t and benefits requires estimates and judgments by management.
SkV% Audit a
As a tedpient of federal and state assistance, the City also Is responsible for
with applicable
{Insuring that an adequate Internal control etructuro Is In place to ensure compliance
laws and roqulatkeu feleted both to the state and fadoral progrcros. This internal control structure
Is subject to periodic evaluation by management and the outside auditors of the City's financial,I
statements. As a part of the City's single audit, testa are made to determine the adequacy of the
Intsmal control structure including that portion related to the federal financial assistance programs,
I
as well as to determine that the City has complied with applicable laws and regulations.
The result of the City's single audit of the fiscal year ended September 30, 1993
provided no Instances of malarial weaknesses In the Internal control structure or sig W"nt
violations of applicable laws and regulations.
i i
Budgeting co ttrols i
The City maintains budgetary controls to ensure compliance of legal provisions i
embodied In the annual appropriated budget approved by the City Council. ActivitW of the
General Fund, Special Revenue Fund (Recreation Fund only), Debt Service Fund, the Enterprise s'
Funds and the Internal Service Funds are included in the annual operating budget. Projected
financial plans are adopted for the Capital Improvement Funds. The level of budgetary control
(that is, the level at which expenditures cannot legally exceed the appropriated amount) 1s
established by function activity within an Individual fund. The City also maintains an encumbrance
accounting system as one technique of accomplishing budgetary controls, and a technique of
budgetary 'lock out" which win prevent a transaction from exceeding legally appropriated
budgetary amounts.
As demonstrated by the statements and schedules lnckuded in the financial section
of this report, the City continues to meet its responsibility for sound financial management.
yv,
j
,
...E
Transmittal Letter (continued)
Oeneaf GcvernmenW Funadorw
The folowkV seheduk rgxesentt a summary of General Fund, Special Revenue
Funds and Debt Service Fund revenues for the fiscal year ended September 30, 1993 and the
amount and pawtagn of ktcrasse!(decreaes) in relation to prior year amounts. The amounts
= r In thW kWuk we'expressbd ht thoutind of dollars
Percent of (Decfeeae) " % 'Of In&"U I
Revenues Amount Total from 1992 I
(Decreese)
I '
Taxa
e' $20,932 73.29 81;142 $,77
rr
w
LfcerlNt and Fem~ts 358 1.25 84 21.77
Fran6h1w Fees r 723 2.53 (28) 13.73}
ki y
FW""Forfeitures 1,313 4.80 27 6 49
r n+ ,
F64 for SaMod 1,434 6.02 29 2.08
Intamt 802 2.11 14
Interpowrnn mal` 2,101
7.3$
730 Ei3.26
fdilsMw 1.098 .
3.84, 328 41.23
fl r, the most iwAlpi t incrom in GenaN.Fund fwklues from s coflW I MW In tha IM*b6 w~rirnemrl cite*ory. Chit tnaNa reixeasnta the lnbfeaN p MW suk was
y
city in 1992.93, i rlCeiyed by
The seeond lar9`s' revenue k►creaa was to the mWceieou'a Ft~bry~.~ tom
Increa8e Is attributed t0 M kxxeaae In IsaM flVenuaa.. ~
i ,
t
~ t
sj Y ' r i d
rM
' Y 1 i1 ~
1 1111 , '
1 I
:4n 1~
b `
4.
•
,
r
s a
t !
a Transmittal Letter (continued)
The following schedule presents a summary of General Fund, Special Revenue
Funds, and Debt Service Fund expenditures for the fiscal year ended September 30, 1993, and
the percentage of increaseAdecresse) in rotation to prior year amounts. Ones again, the amounts
stated in this schedule are expressed In thousands.
Increase 96 of
l Percent of (Decrease) Increase
1 Expenditures Amount Total from 1992 (Decroass)
`QrN!isnh
=n ; General Government 410,734 30.64 4155 1.47
` Public Safety 11,858 33.50 181 1.40
Public Works 4,723 13.57 207 4.58
' Parks and Recreation 2,750 7.90 (65) (2.31)
Capital Outlay,428 1.23 (59) (12.11)
Principal 2,646 7.32 (21) 1.8.2,1 ;
lrttamt and Fiscal Charges 1,964 6.64 116 8.22
t ; As In prior ya sr, the primary reasons for the increase In operating axpanditures
:wars i♦alsry and wps pqy for performance increases and increased heahh insurance costa.
14
Gamrel Fund Yainta
The fund balance of the General Fund increased by 28.2% In 1993. The fund
balance provides the City with an average of 48 working days of expendrturea. However,
4328,281 of the balance Is reserved for encumbrances. In addition, within the unreserved portion
of the fund balance, 4626,485 of the balance Ie dcsignstod for subsequent year expenditures.
h"ektary 0"nWorts
Enfe<p*e Operations
The City's Enterprise Operations consist of a utility system which provides for f'
electric, water sod wastewater services. The Enterprise Operations also Include sanitation
seMm for residential, commercial and landfill operations.
Transmhtal Letter (continued)
r
i
a
In the Water Fund there was a 5.9% rate Increase. Pn average customer's cost ,
increased $28.20 annually. Wastewater rates increased 14%. This new rate caused the overayt,
residential wastewater bill to Increase $38 annually. Electric rates experienced a 4.8% decrease.
For an average customer this meant a $38 annual savings.
In the Sanitation Fund there was a 3.5% rote increase. For residentiai customers,
this axreaaed their ormal bill by $4.20.
Intend Sevkso Operegans d
The Internal Service Operations consist of the Working Capital and Motor Pool
Funds. The Working Capital Fund acoounu for the financing of goods and services provided by
the Municipal Garage, Warehouse and Machine Shop to other City departments. The Motor Pool
t > Fund is responaibte for the purchase of City vehicles not budgeted in other funds.
4 ~j a } I F4 t4wy Operation
Expeado" PVV Fund
The Employee Insurance Fund accounts for the accumulation of resources for the
,yr payment of Insurance policies and employee Insurance claims still outstanding.
ti rap , ~ • . " i
Agency Fu rods 4
Pie Agency Funds consist of Payroll aril Deferred Compensation. The Payrop Fund
Is respor*Ns for, the oollscWn and payment of the City's payroll and associated Ilowtiea. The
r' Deferred Compensation Nod accounts for City employee' Investments In a 'deferred
: owpor"lon plat.
R ~{I I
Debt Adrr"tratiion
5
At September 30, 1993, the City had $27,131,730 In General Ot,llpoon Bonds .1i
outstanding, $57,175,8b 2 in a Note Payable to the Corps of Engineers, $4,890,000 In Certificates
of Obligation and $82,705,000 of Wiry System Revenue Bonds. The Chy has maintained an "A.
t
1' rating from Moody's Investor's Service, Inc., and an 'AA." rating from Standard and Poor's
Corporation, on he General Obligation Bonds. thirty Revenue System Gonda have mainulnod an
'A+' rating from Standard and Pooes Corporation whit Moody's investor Service, Inc, upgraded `
4 , Denton's revenue bonds from 'A' to "At" in March, 1993.
epl
As was mentioned earlier, the City has developed a plan for issuing annual General b
xr< r > Obligation Bonds that were approved by the voters in a capital improvements plan, The
Csn&Atsa of Obligation are used for shon•term construction projects and financing motor pool ,
vehicles. ~
d ~lP,,~t 4r I` ~
An
e
Transmittal Letter (continued)
t
CLsh Mwooemant
The City follows an t,ctive program of cash management, keeping 1111 tempOrruily
pale funds In Interest-bearing accotnts. these accounts are In the form of NOW accounts,
certificates of deposits, Local Government Investrnent Pools, Treasury Issues and Federal f
govemment agency instrumenteklet. On August 31, 1993 the annualized yield on Investments
was 4.88%, compared to 8.01 % wW 7.58% for the same period In 1992 and 1991 respectively. j
Inveatsble funds as of September 30, 1993 were 190.9 milkm, which is an Increase from
486.3 million in 1992 and 177 million in 1991. The longest investment maturity i asCt~
I langthened from 58 days in 1987 to 1,734 days In 19.93. As of September 30. 1993,
In ,992. The
1 average VW cn Investments was 5.02% coin rW to 5.84% for the same period ~
City's Investment poky is to maximize yield with a minimal amount of risk while maintawft an i
actively competitive yield on lea portfolio. Accordingly, all of the City's deposits are either Insured !
I by the Federal Deposit Insurance Corporation, the Federal SavInga and Loan inaw11nce Corpora•on,
or are (Alwaralized by governmental sewitles. AN collateral on the deposits is held by a third
party finarxdal institution's trust departmant In the City of Denton's name. The Investments of the
Deferred Compensation Fund In which the City participates are held separatety from those of other
City funQ: by an outside trustee appointed by the City. State statutes authorize the City to Invest
ik
` in obligations of the U.S. Treasury and U.S. agencies, obligations of the State of Texas and related
agencies, repurchase agreements and municipal securities of any state rated 'A' or above by
Standard utd Poor's Corporation or Moody's Investors Service, Inc.
Risk Monegemant
1 During 1993, the City continued its risk management program for the City of
I Denton. In 1993, the City contracted to have an actuarial study to project the City's workers'
compan"tlon and Nobility costs over s five year perkd. The following schedule represents the
projected costs as done by the actuarial study compared to the actual costs that the City
experienced 1111 of September 30, 1993. This schedule, as presented, is expressed In thousands.
Workers' Genera! Program T~anater f
rammialm UAW FY '03 Projected 1780 1530 41,310 $76
FY '93 Actual 115 44 159 75
As part of the comprehensive plan, the City purchases property and casualty
insurance along with participating in a self-insurance fund for Its workers' compensation benefits
and general Nabiky. Reserves are being accumulated in the fund to meet potential future losses.
In addition, the City's risk manager has initiated various progrems to control risk end to train
employees in safety standards for the prevention of future losses by the City,
• vlll - }
i
t
. x1 .
,F
tuollejedo looping 3
31 oununooov jo JoloalQ 9nueuU jo 403oen,3 oyln*oX3
•Otgt9tod 34oda 914110 uonpu9tad 9y19Mpw podt04 I" A110 all jo 14oddns In;LOIv j
pug dNApwl boons J1o4191 31 •IIWoO A310 043 *J" 01 M 0:11" pin" 1 •14ae &M' MOV !
043 Aq Ajepod:o'14odl4 n43 jo iuowdolonep 941 olul lusm volp pus ou113 3o lunowt enopuou»n
V ouodaa I0t emi I"We 04110 uontiMad 943 ul 9340140 WAIN) J1041 10j tpm uoltM pug
timmip iuouiiodep 043'lstle luounjedop 9outulj ";o Ile Mue43 o19jg ptnoM I I L
E
~ pya116peIMMghr
1
•t1 WO PuMV J
uol3rwoe0J11 1o0PN O Mtlnountla 04114ow 01 90nUnu00 31 10143 0Asaaq o/Y1 olta{j1119o Nylout
Joy AvdgOP eat ou1u1aw 03 V040 a43 03 34" frost 031 P*t* W t 964 A110 Wt 06*01P
uol3t*Jnunuoo o pus oplno t0olleAdo u n Anetdwoxo pus'ouluuttd Iolsutug pug uonuuaunoop
Aotod &11Pnp1M 01190154180, oMi u) luololjoid oq'oi pe" 0tM 3uownoop leopnq s,A310 o41'pjsmV
uontiuolo4d 10o%48FAMICI ysM~sp 043 Joj Amonb o1 »pio uj uopauolrop .w**a tuonoopmutuo0 }
11 pue;opln~ lu0n olq"* AN01~l3. 5%npm to" uoneOox dt lemnu C6sf sq Joj Jot piomt t,VOAJ" pmIarm oils ot4 AMO 041 ,
i , 003801AW A410us Joj A1llglaW t319ulwieiop of VOdJ 041 of }
- ' q &414u1gns ws am put sloowo*bo4 luowoA0I4oV jo 0}ooll mo o* a" of tenul3uo01iodwd j
pputu44 IOnuuV &WU, /xfwo0 luourt 3 iAo 3941 onolloq o/y► •Aluo ,toA 9uo jo polled 0 ioi ploy *I I
luouanoltpV 10 *W*":) o4i •twoweipbo4 Is% •igo*IddO pw, totdlbuw 8ununo~ot W !
Allaiuob 41oq %A;tM 34od9i sMj •11od0J lolbusulj pnuuo oA U04adwoo poilusdio AIWOPO,
Put Olgopt0t 4110 w:p04tggnd Au0 '6ulvodow 16fou"I ul'3u0uunoril~V 10, oirm*soci
01 sOft MI%*4A
043 popnmo eq 01 JOP!o u1. ,'9681. 'p£ )kWu og popes MA PM oyi J01,
PUP oMYUKpldu1o0:'t1l Joj AuO 043 of oulwft plbu" u! quolloax3 0j lusuJOADWV
jo dtoolglu0 • Pwome (VOAD) uolitloootll wow wuogj iusum cq !Ul ,
w1•1AV
T, i,
'ea II 19IMJ10 ew0 poulW v'
Put "S I. jo M ,VnV 0loulS IVA"d 043 jo o3uouunnbeJ o<(I 3Nw of plu" otp teM We all
I»u"O Ama a1 ul 4WI lot "musipbo4 041 ouno0w o3 uontppt ul ..W" ltnuuo 941 uuOpw 01
w AAqq A40 &A jo nAo~t 9144 jo W% iu OvPwA 10 UW u "44AAbb0J 1 mu"O 13 04L a 3uopuodeP'4l j
31Pn1► 3wPotdtMl~
I
(Imulluoo) 403101 It33lwtutil
Y
I
.YE
tl
,
Transmittal fetter (continued)
I
Independent Audit
The city charter requires an independent audit of the accounts of the City by an
ii independent auditor. The accounting firm of Debitte & Youths was selected by the City Council
to perform the snnusl audit.` in addition to mooting the requirements set forth in the City Charter,
the audit was also designed to meet the requirements of the Federal Single Audit Act of 1884 and
related OMB Circular A•128.
i Awards
The Government Finance Officers Association (GFOAi awarded a Certiftets of i
Achievement for' Excellence in Flnancial Reporting to the City for its Comprehensive Mhual
Finmf(ai Paport for the fiscal yNr ended September 30, 1992. In order to be awarded the
i
f Certificate of Achity ment In Financial Repocling, the Citypub#sW:sn aasrty readable aid
e ficiij6tly orgf and comprahenelve annual rrancial report. This Woo satisfies both 9"Ay
ico 'ad accounting p incloas and applicaWe legal requirements. The C:rthfbete of Achievement
is 6W for a period of die year only. We believe that our current ComprelWaive Wow Financial
Report continues to meet the Certificate of Achievement requirements and wears submitting it
eligibility. for another cartfftcate.
to the GFOA to detemdna its
Bud fkes*it
The City has also recen brvud{ed et, the recelv GFOA s kV ' award for Especially Notable Distingulshed Opeatio get ns 6W,1
for its 1003 annual ~ r t
Communicedoft Device' designation. In order to qualify for the Distinguisl+ed Budget Presentetlun
kf Award, the City's budget document was Judged to be prof Want in two cstWda includirtg policy
! documentation and financial planning, and exemplary as an operations guide ands commurtication
device, The City has submitted its 1894 budget to the GFOA to determine its eligibility for i
another certificate. We begeva that it continues to meet the Diatingufshed Budget Preaentatlon
Award criteria.
i ;
1
Adctwwladgn>.rMs
I I would like to thank sb of the Finance Department staff, the department directors
I and division heads for their diligent efforts In the prapmtion of the annual financial report A
} tremendous amount of time wW effort weM Into the development of this report, especially by the ;
Accounting staff. I would also flies to thank the City Council. It is their strong leadership and ,
faithful support of the City that helped mate the presentation of this report possible.
i t'~ r D~l 1J5~
~ ~ I
ii ~h F, MCGrarro Kathy L. Bose, CPA
i Executive Dkector of Finance Director of Accounting 6
Budget Operations
i
~Ix.
f
I ~
g
Y
e
n ,
~ .a
CITY OF DENTON ORGANIZATIONAL CHART
~ ~ , , umcw I
s ' . s ' or xNfar
~ 4.. CITY COUNCIL r . ?
y r
r ~ artr ►rrawcr rune1l&c A16at
MY•USWACEA
c ' a~ ca'rwac~n ~ - ,
~ r ~ afr ucurur ~ w'r
e ei vJ" r5 E ~E
r. ~ ' + . . "CaECYrtISt dMEr10R tX(CYIM 01~KCIOR [AtCY11AT 9R1CCIbR `f, LrfCU1a`[ pNfC/Af~ ~
fmov.
e , a lmlrtri ev nu+w~e wo on uwrr coy or a wnr srmitear qtY
uv4wo
t+}~ ~ ' + ~ `r ' VMRY ADM:►! F{AWe+C AC1NA1 + POuCY fMlK't AOrM troll SfRV AAwxM
ti
ray+y+,.., < + - ~
t17 [IFCpMCumma AKIfCrgMS 11[ ACP7fA}IfIlC MAMN1LSObRCIS ~3
q' r ` CyYWMY 011f1WlIU!/ INCtlCfMA'j/IAIM MAY MW IWMM"
I
a
t ' " MlfR1YAAA ~ i kW fMf[7 frR!'[fJ lA(ASWY.-
StRN[Y + + "
} - FL srmzcY , MPPoR7 " 277
a ' ~ ~ r EIX [A@COY MIIMGYItM t~ r~ ~ '
.
+i > Mp1A ow V"?
v.
p
~riF S
I ,r-r
"
+r.
. .rVVM'kMy
,Se
r
Certificate of
`
Achievement
for Excellence
in Financial ; ..:1
a Reporting
Presented to
r rte . ~ N.
rl b , City of. Denton, 1'•
Texas ~r
For` its Comprehensive Annual x'
ie t
• ~ FirlatiMal Report
for the Fiscal Year Ended
September 30, 1992
e5 ,
A Certificate of Achlevetnent for Excellence In Financial.
Reporting is presented by the C*Ymwr*nt finance Officers
Canada to
United States and
to Ion of the U
z t . .
` go ant units and pubik employee retirement
systems whose tomptehenslve ennuai Financl ,
reports (CAFFW achieve the highest
` i ia• : standards M government ac: tang } ; d
cow
and financial reporting, , • ti
r
, ('WeIr,
W I President
y 3
M
1N y~~ f t ,in OanM 4:5 V
.r1+ f:]feC
,:C.ik qk UtlVeDSreCtor 1 '
a
V
1t'::
A; ty is
, A
# ,
011
Wt of Principal Offtwo
g"mba 30. 1893
OFRClACS
>
MGM)
MGM)
TWO
s Bob Ceetteberry
14,
`F's y Mayor ,
{idF 1° rs e Y~~.
Mayor Pro-Tart Margaret Srnlth
;
Cou"amem w Jack maw
TSB: ? 66ur llfrwmb•f Jerry COIL y
Councabnembar Mark Chew
'A l ° Co(xxGrr ernbef FiwoW Perry
f `r
" Counc~memba EtMe &ock wF
s>s
%
I I Klan" ,
Tide
{ City Meneoer . iJoyd Vx Handi f
"s
apirly City Menper
John F. McGraM
Exam " Director of FIMncA' `
U, ,
R. ENeleorl
t E) eWive Director of utiHttos E.
Executive MOO( of
' , . Fronk Robbins
ftMr p SM Communky Devalopment
' ExeC11 " Director for
~f. b'' +r Munidpal Services WW EoonQmk Developmen McKean a
f s, a t ~ftty
S~ e. ,3 'r ! r + Debra bts" ch .4
City Anomey F
' < n ` F PoWce Chief M14" in y
John L. Cook
F14 Chief
3 Ifi } 'i City Secretary Y.. x~.:
xp JennHet Walters
a 4' .
a
fk,, sac <I ri
C.t ~r
k~
i rl .mc a,o r. w,n) v..
r
b
N t
. .t ♦ A 1
~ ~ " ,~v i~~ tpd,4 ~'~i'aw3.i'r~~.'1vt}'I~~s~'~'1^'xy'~'^~°~t,'y♦~~'~3,P~ %i'~jrS)+:Ydn pti. r.,_ ,~i:
.b4
T
Ipr 1 +.r
S, i~
y
{
I
Yj~P~ ' ~ ~ ~ F 4 M1.
+t,
fi41, i 4.
s'Crr YA f t 'L~i-t
p it 7;• I ."S
T 'K t.. ) {r a
it,
, a y
t 1
, Lt
1 5-
1 if Y~4, F r' ~.~e
f..~ ,.,..a.,vbr,r~Sreuai :'~Fllx`p+p+IAk~i°~1i4 1:;:~c~'^k."+°''.i+hSf'►R".'iyz't~K+l~'L!4'~y
P
t.A
ILI
IA-
M1v t.
e
~i
14
H ~r-
A
} 1,.
Toudre _ E
Suite 2340 Telephone: (817) 347.3300 ;
(r~ 601 Cherry Street Facsimile: (817) 336.2013 E
Fort Worth, Texas 76102-6801
DMIPMENT AUDITORS' REPORT R
f ,p The Honorable Mayor and Members
I? - of the Chy Connctl ! y4
City of Denton, Texas: %
We have audlied the accompanying general purpose financial statements of the City of Denton, Texas y
r l s ~ , 0.49 the
("CYty as of September 3 1 3, sad for year then ended, which are listed in the table of
41,
r/ k 1` Contents. These general purpose financial statements are the responsibility of the City's management. :e
Out rupoaalbility Its to express an opinion on these general purpose financial statements based on our
We conducted our audit in accordance with generally accepted auditing standards. Those standards
" reguh that we plan and perform the audit to obtain reasonable assurance about whether the general
'¢°t b purpose financial statements ate free of material misstatement. An audit Includes assessing the
aCC ratting principles used and oloiflcant estimates made by management, as well u evaluating the
overall financial statement presentation. We believe that our audit provides a reasonable basis for our
opinion. ;
In our opinion, the general purpose financial statements present fairly, In all material respecu, the r
' financial position of the City at September 30, 1993, and the results oti is operations and the cash flows 61
of its res. to y fund on for the year then ended, in conformity with generally accepted accounting
~xl!
,1r Our audit was conducted for the purpose of forming an opialon on the general purpose financial s
f, ff , statements taken as a whole. The combining and 1"vidu d fund and a ccouat group financial
statements and schedules listed in the foregoing table of contents are presented for -purposes of
additional analysis and are n01 a required part of the general purpose financial statements of the City. pr '
. ib
This additional information !a the nspons ih'ty of the City's management. Such sdditlonal
k dnforoation has been subjected to the auditing procedures a lied in our audit of the geaenl purpose
financial statements and, in our opinion, is fairly stated in all-material respects when considered in
{
+ relation to the general purpose financial statements taken as a whole.
c.Q....-
~i
December 17, 1993 `
x ~
r~.
N a,. r' Sts:
r ~ .
FS-
NlbfMtlllgl ~ 1 ' : i;
t p°
i
47, 1
e a
1.M a
CITY OF DENTON, TEXAS {
41
°a 1•' '13`
" fy01J.~BINED SA1AfICE SFffET • ALL FUND TYPES AND ACCOUNT GROr MSS ^`a
30,1693 ~Y.r ~YS 4 ' y i r t1
Yti
• r,,r F Oo"a"w" Fund Tw«
d.noti sti My n O*tsairl« C+vNd hohou ,
t A11m AM only osm
y1~~~
}r~ e Cosh and deposits 010to 21 1 342.641 4%.04.194 /44/4403 1 111,172 ! e my
r i a' IrtvwtrMnb olata 21 4 00614 11.000 1,141.112 f y
Cry
'VI
a 4ti R"10"MNo(ml of omwww*oi fa ur"&WNbl«) 'A
~ a"~ ~ Tnr« 14+4100 ) .
rt4r'r o
rsi i Aaaaunb
IT
lpaaiel 7401{ ~ r
",y 4 70,020 246 14,111
' Aoonrad {Hanel
ter 21,461 P.
00w 42241 L1 41.220
4 IT Al l 216
I'lp Dw Iran o"t Ands (Mona 111 1400!.! 12 41,111: 16.670 .714
r5ty: r o a 40,111 1104227
a A Ck o han o" tar +a
IT,
l
P r , v Af M.~w•^4a4I
4
~4 v R , ~ +'!-r_• • .Ile',,.
J Ne1~1l~Y YV19
~ x i~ IlesMetadMaaq
~:f1
Cash and dr~eda plots N
t,
Aamwd 4datad r
Ow from odw f aws plow 111 ° i
;.1 ; Advance to otlNr fools
f
RrW ««w 14t. whoN apgiosbN, .'r'r'
;R tr ~v Y . + of «OUm d" dwesta ono !Nob 21 . • ,
in V~NR 1oMoo FVf9 • 1 YY,1
~ R~ Ff AMWnt b ba "46W for rhkM ~t
t n A
p g ei
xx3'P~j + a' •of Tale "m bow" 4y~ ~fi. a ,4'f,&
S f ~f r
V~~ i ~f r t~ ~ lly.
1 ~yd ~ ai u.AAA. v~' { 1 j
< (Cundnuadl
i nw o«onpanYlnQ news is fVrwal d atsl wnaMS aril an bWwo, part at two slstsmaM.
r;
°r
r
kyP1 ! - E
} Cw#* mNG ANW FMWW Rpa1
r X'
.w~
R •s'~: ' r ra n~J~~' k ~Y ~ iV~ i,
,YY'•'i ~ ~jli 'f'
3
i
r
CITY OF DENTON,
4 r
•
'A i
OpMhry Fund T f3AWO y Fund Told,
h YWo Typaa Aooounl Croupa lAA!rl~wondrnolm
TTnM'and 6;wfhod ..Gon"Len0• $Wwvm3Q, $"%ri w30, s
b
E+KwprM, kda mI sw** Apolwy Ao"to Twin LLb"" 1013 1602 ,
3 ` ° r 101,014 1'1.200"W (2,1Y1.64A / ( 1 8,~31a21 6 ,14,240
i
t `'^.',0lO,N2 91,174 6,421,017 N,227,Ni 34,414,746 '
t , !44,!00 i""dl/ Y
• ` "k 0",1082 3,140 - 1,363,141 4,101,6!3 1
1 S 4,17!.20 4,171.620, .4.02.8!1
4~ ~ 048,018 7!,070 !0,370 11,176,770 t (t1q,7N 4~;
Y
ax~ ~r~ f l67,i11 1,476 16,062 !71.702., 1,1!1,0!4
3 I,
qy 8,642120 136,701 10,631 3.ZN~Ft4 7,3N,2u
3,0"1853' 3101,801
rya I's" Am 1,712,070
,
10,061 10.061 111
i Af 1,119,001
r, ,\tt
,h~,Y' 3.26,036 011,672. ` !,811;711 ' $70'0;017
39,207,012 fie440.112 41.113.014 s6;!l11:100
l li3,070 317 3710,417`""' 170,167
1.61!,980 !2.747 1,109,1710 , 'kf6ils"
460.00 460,000 solo0
161.10! $74 304,136 10,101,343 • 283.409A M W."t,80S
31.49,937 3113"1837 29.011,101
&Big
' x
\ I ,
4 f A.
r
r '
43-
COmpWI►O Wvb ArAW Fk*s" NoW
,i
t
CITY OF DENTON, TEXAS I
;t
rF
a 1
BALANCE SHAT . ALL FUND TYPES AND ACCOUNT GROUPS lCantinuedl
n I' E.
SF~TEIA9Hl 30 1993 s,
r 6owrtrMMa1 Fund TYON r
r.~ Q~1Hfr' RWNW~ : ~l 6tPI~0~ C
1 y
P' t~'w, gam AM GTW COW"
r~ r`~ ~r 1 >fes.~ii 4 144;141 1 9e~ t S","7
s
600fNb 6W~
EO t11 c.
r p~y~ S tl..
t r try ~ 1 s
Oka 4• 2.674
1
►*ltst from nat>ww auoa }
I4
i ~ a " ~ 'AeesuM4 f~o and aeawd o~ontoo ~
C6 to ov+o laMdr Woa 1 t)
S`"` r j t b
AeewodinAarost
1 ,1~~ v ir' a 4 a rfNM gonaraT obKowon b*Ml
2 r Mto au►nn4 Wob 41 872.126:•
{lro rit' t IRA to 00W ",}f tt! tt.t6! 171970
00W sob"",:
l r , s
5'<`+ anea fiem 6ootrlp ` 89.672 57,11e 1t1,t60 ;
Dofori~d rovawn
G loMiM pft Ibw We/M 411d l)
r c ~ °e bMd~ AaYaWo Owe 41
+rz. R
a C &two of 049d ~a 41
S r ' f~ayrfMro fends fH!Y 4 (not of bend 6~0 r
,R v blo/d 41
1
i 211 r
r x Woa 41-0 : 1 114Yl,t92 ~
1
„ a so11l1! ! 1te!
It,li11l41
1 , n. . Tow LIiM11o6
h ~ ~ {ConAlNloI1
x ,r anKrR4a ala aM1 fnalrr Cart of tNo otat66on4.
S ~
R - ' `;I ' tIR4 aee4++~r~n0 ealo~te ArW1do1 otal
' of
pp ,~d
1R, 1 P _ ~ ro is
I. 1 1 ♦ 4
44.
s:.
d AN" FNMtdal Kapat
ys
? 1 c
v
Ir
y'1
6
Iy
,w ,w
1
l I
" I
t CITY OF DENTON, TEXAS
Fiduoisry Fund rwr.
r hpdsbry Fund T" Tvp" AsoouM 6
' • ~~r I : coups Ortsmorsndwn Only! r i';; ~
E Trust ud Comm Fixed Get" Loop. fptan" 30, Iptorr" 30,
stow IntaW Son os Apmy, Assets Term LW la" 6113'"'' 1N! x
7,437,582
11,!76,145 12,677,122 1
l~ iC•f r ~ r M, t ( • ' 1 13,410,717 1 17,940,204
t , rt 50,211 12,201 xa
516,112 $2,631 2,717.314 3,320,061 , 3,327,!02
1,211,496 1,:67.070 1,2N,5i7 {I 1
$ t 425,419 "7,611 030 r 914,101 a.s' , i 501,412 j
09,412, 46,7" 1I
+~r;'ti` 3.i6Q,5u 12r;111 3.191.877 ffl,of3
1,351.507` IZ,"3 1,209,1!0 1,10,6#9 4,11~,t57r 1,149,557 3,#IM,55o ;s
w
r" 4,527,341 113,011 NI S,IOY,613 1,301,110
, irlr ' , ~ ' e 21,129 1'.341 _s.
4ao 000
t ~,xfi ,y{j r ' 150,000 500,000 s'$
Yl-
r 1 e 363,917 40 660 j n
~r 743,631 116,216 /2!,934 1,120,!11 } . '
716,121 167,152
t*~ , 71,1)3,116 21,117.173 2.103.110
r~~~ 3,!25,135 2,564,#)5 ».4,"000 4,710,000
, M 1
y 51,"0,000
51,"0,600 53,170,000'
174,270 914,270 179,212
p' 17 ,171,602 .r' 57,175,103 56,671,923 I r
t r t /111,b0,i72 ` 11,0~l,f04 13.s47,1>I1 { , f af,
131,671,"1 1165,030,341 1179,447;353
4
I xrEr r'
t) r:
b, fp t
i } F
• 9
1 4'
COmpnh0shro Aawd FM&mW 116pa1 ,
4Z~
t
I
0TY OF OENTON, TEXAS -
COMBINSD BALANCE SHUT • ALL FUND TYPES AND ACCOUNT GROUPS Montlm*d)
UP" M 30, 1993
i
GoWmmsr" Fund Two;
LIMLrT1E4, lQiNTY AND OTttet t iTlt Gonorr specie! Rt u. Debt S.rvla 020121 101010010
-
i Farad rq*V-.
ConFlbuted o.piW - tract
I of oom.nrde sd 4*rwiowttoonl ~odlo e e '
krvM4rwnt in 9omn1 fixed onto mote 71 ,
s 89"md W b*M tWrwmnt mot. 4) .
a RNwvw for ooplN Orb a
Rohwod for #W r*oow,ront
Aoo rvod Oct for" Mftff M .
A#wvw f;; F lot wot6v n
RoNN.d for a waive oy
` t IhowW for rioter tower
% ~ UKnorvod .
'Fwd br~nooo •
Atoorvod for dew "Mod 722,444
llcarvod for oriurt,brxonooo 421,111 64,OIe 110,1147
"rvod for bw wt, "Ou 4,044,424
i ' ~ r . ,zDNi4mlod for wt»awnt ~ <
yam, wM^ill°"" 121.41! 1,266A24
u.e•+le~•~.e 4,ir7,loe '
tow 4* dr, and otter Croft 5,121,474 1,221,020 422,444 4,247,214 i,
fNd WMldw. 1',~r
,
,
d.o#1e
Tbo oeoom mgro4 notoo to 4mnoi11 aot~sto rn M tntogM poll of tNo "Ift"M
r
2
E Z
k j
Comof***vs Amwri $%*Wfl ROOM
r ,
,
•iP " _ _ _ eats. .k'f~'1,rr~..E.
n
r~ ~ ` 'If♦ 1y
01
a
i
CITY OF DENTON, TEXAS
FldWwv Furl Totals
Pro0stery Fund T= TMs Account Groups 0bm416dunt Orm
TNot and General Fixed General Lour" September 30, espism it 30,
t Enterprlee InternalSoMes Agency Assets Term IIIItles 1603 1802
17,441,23{ f 11,22!,470
t ~ f 16,68/.113 1 001,322 1 1 1 '
81,041,022
43
- !0,$08,343 00,1190,3
f 0,700,640 13 10) 160
4300{,066 714,000 11,610,/26 ~0,444,>a
1,f4e,112 «,.4t1/,011
1.64,122
3{1076 , • , 300,071
y b, 3{1,076
2,000,000 2.000x000 e°
it +,a r '4~ 1,006,066 r ~ `
o L r~ I,f 00,E i
200.060 200,600 • '
`
11,671,761 1,103,11411
4
' 1ri+ !221044 3M,li{' n
1'} h, ' {61,2!4 674
E y
9,006,420 7A20,154
,
•r , , , 1,013,~U '
_ ,
1,700,079
Ye1w 12,0a4,273 ~ T4,9! 4~ 710 r 00,NO348 231,441.668 217.91,101
F ~~t
Sim
,
,
r ,
a
r4 C.g'
,
i
YY rln -
i
r I
CITY OF DENTON, TEXAS E
P
COM91NED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUSTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30 1993
o wrrw w" F" Too
IFv":
Tew 111.3!.3.767 4 11,71] 147 1
Lkw" ow X& is
Frvd4n fiw ~:Xat
ww «r fa Ishm 1,3t 7.ur 1
Fwhrwvkl- p4,17f 'Sol 475,$1$ 1.077./77 1,470,041
1,4n16,016+
4 1 370.445, $76.771 701,Su iWw
1 ` :1,!11,655 2.707,700 1,48.479 74e.32e
~j 11,1, low ftwompeo OPINDITUM,
i <
5,701,050 • 1.30211"
.r ~ lim4i~ Owumrw~e
K" "few 71.417.717 110.!01 .
10460 wMw 1.!70.117 467.113
4rIM X34r.114 40X/0! ' "
f~r114f14 60
~ bvrr4
„~yy 711.754 151,034 4.101.411
tlipid •
' Dek HMO ~
X64/.011
Pfw!~ nW.n.ke '
I harm4 rd 14w aurSN , 1,"3,84
1 7y 77.16X177 7.1!0.107 - . 001.110 1100 417
J Mom of 111Voom OVdI f11N6lIr 1k►FNDtxU1105 IA,267. 01 1x7.01$ 171.481 1X771.1}~L k
`:fi' OT1fMFNAMO1M104M0551f111N
r . , ;r.„ , , . , 1X715.1" S.f".300 ~a'
` head ~l Mtyftfnn Mit
117.715.1")
~ F~yrrwrrh M nfundy ►arN 44vew 41~M
r 1 Owar4 "Viol to 7.705.767 477.113 17,78 f
Ow~N+S e~/ (ewl 1461.x741 {114.7001 ~
T~1~ 0 FiM l1l~1 7.141.!01 717.113 7.3071014 1
EXCEN OF MVD&" AND OTW& ►Oi AM
'i OWN 1UND010 WOODITUMS AND OTHER U175 1.40X046 401,1" 171,401 1771017
j FUND MAKE • NNW 1 4,070.175 5711734 344,331 1.331,401
i FuwD BUAwce • 5.F1.~1« Se tj 'I`~t~
T! 4 W~ *4 mow 14 mm" "Www" w an Imo rat art of db Ma1MrMM. 111
t .
it ~ COMpF1AM1fNf AMwI finfr1a151 ~pOA - - - - ~ •
r
i
•1
,
CITY OF DENTON, TEXAS.
i
Teter
Wlrwrwndm ow
P1dud~ry 1+~M TYP Yw ww
or
1 Trwt HOllribv 10,1"1 LPUn" >0, Sf!!
,
dy 4 1!0.1!!•!60 116,7101111
1611111 - 205.121
b 1211Ni MAP '
4~T;' 1.!!11411 1.0171J17 ^.r ,
t~< 4010,616 1.701.206 6.221.106 ¢a r
4' • ,
~~1 A 2 .111 11>11•ytt 1.40,717
y
1,111.1" 1.411.411
F; ~ ,d' , l4.N1 <l1.M7 1711" ~ I
' ? o
r4t 5; .t 1,2!61174 1111410 _
v u bbfi;fn` e1,i11, to $2,0191t61 >
10.711•96 y0,IT11tN °
,t ' 11.117,606 !1,40711"
i rH r SA 1
4.119,146 1,111116" ;
~ ~ 91ie4,161 t,114,173
~1W01601 !1001001 1,612101 ( t,
1>j,~r` "1 ' ~ 11!"1104 r~
t,G=- 1131164/
s '
. , 1r14e,4N 9 N1111J
i xr M1t 1 I63,N1 1 141,102 _
~ y~ ~ I~T~~ 14171 ~I161a111T111 i y
Y 6 A A0011110 114010/0 A
S11•H1,4111
~,4 t t {11!01,1!1 7.1161111 -
. y" 1!06064) !6!!11711 p16111461 t
Fit + ~ 101110,711' 14,/11,111 i
/1i14e1 210111101 413,914
y 'r• , r I '
r+ r~ .r 1 4'"o' if . 17.601.107 111411,"!
r. A
1, - CO waft 1 s AmAW Flna+" R600f1
, ail r -
t
CITY OF DENTON, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES • BUDGET AND ACTUAL
GENERAL, SPECIAL REVENUE AND DEBT SERVICE FUNDS (BUDGET BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Geeaal Fund
Vadance
favor"
Budget _ Actual (Unfavorable)
REVwUEf:
Taxes $15,760,071 $18,650,257 $ 900,188
i 2
, 265,680 368,519 92,950
Llceruea and Wlts
FrancNeefees 702,975 722,801 19,906
Final and forfeltwel 1,212,507 1,313,167 100,650
Fees for services 864,787 884,129 19,342
' k+te►itt revenue 510,000 667,293 77,293
s;1 1
k>tergovammental 483,007 478,314 (4,693)
407.397 310,448 (128,949)
TeW "wpm 20,290,304 21,464,908 1,d7a;1194
14,x.
. r i 9XPr$WTU~t.
e, r b-. y, ,1 } a.
~lxrtant • .
4 4,
GOWSI owl"Wit 0,714,733 9,217,249 407,494
"M safety 11,520,724 11,460,737 69,987
.i
pkwo wo" 4,301,029 4,267,467 123,682
{ l Perkt End nonetton 2,308,081 023,808 84,273
~r' Gpia1 a+d+Y 208,471 158,760 41,711
,
'4 1
Prkrcipal retirement
krierlat and (lpotl dwroea .
t' Teutl Lo"twM 28,225,036 27,438,021 _7$7,017
9X036 Of 11EVW S OVER JUNOM) EXPENDITURES 17,936,7341 16,07),023f t,1414,If i f
t I
,
OTHO FtNANC" !WAS (U8t01 A.
Proceeds of W*.*M debt - !
r ( hvrwa to refunding bond $$vow agent
Opneting transfers M 7,734,052 7,708,752 125,300)
' Optr8*4 trantftra lout) 1162,377) 11_68,7711- (6,3041
toW OtAM FatanaMq rtia++►ow IUesel 771661~,6y6 1,540,001 131,6041'' ;
EXCESS OF REVENUES AND OTHER SOURCES OVER
s (UNDEAI EXV40010REO AND OTHER USES 1356,0601 1,476,860 1,034,017
' FUND IALANCE • Oc;obar 1 3.014,686 4,076,628 1,006,240
No >tALMON • 601140" 30
TM 6"o""Ino note to financial statements ere an Integral part of two statement.
~i
- CempreMn &o Annual Pi*uW Report . 7 ,
>s. I
CITY OF DENTON. TEXAS,__
Speolal Revenue P*vaation Fund Debt Servk:e Fund
s . Variance Variance
f Favorable Favorable
t Budget Actual' (urdavorable) Budget Actvel (unfavorable)
4 S 1 14,497,115 4 4,292,112 4 1106,0061
' r 46361E 449,024 5,411
• 4,760 4,780
r =k~ i 201,658 201,658
r» g"
xw "t s "s , ~fQ3,613 469#45,411 4,688,874 4,488,428 1200,2481
I
• '
49,6aB '
% 427r098 378,909
r 2,714,776 2,646.068 86,117
r
. 2,133,182 1,963,661 169,21
y 427,048 s1d,d0d 4a,68! 4,947,961 4,50 ,919, a3l1,0~/
' ` X8,817 90;bti6 63,009 1168,1831 !21,4911 X137 7$2~ f
a
{
12,716,408, 12,718,49$ i
. l12,718,4881.:..111,T18,4Aa1 j
v yr w
,
~ p
123,2001 123,2001 `
(23,2001 (23,200) •
13,317 $7,318 63,090 1169,283) 121,4911 131,702
44,344 118,232 71,888 319,627 344,336 14,705
' N
,
A
y
C& Walwnelva AnMW FM+a "Mport - -
,
n, ~ry•. i.. T... ill ..'-c.e, .ze.a ii. 't :rCV+ 4
,
'.ca
,i
0
CITY OF DENTON, TEXAS $
1
COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS -
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Proprlet" Fund TMO
EMwpW Imwml swvioa 1
OMIATM rAVBPJU:
184, 604,126 f
EMovb unka
Watw ir!rioa 13,006,926
WaUwshr twvW 7,261,664 !1
t.hwon fot ooodt and iwvkw 4,901,721 6,676,063
_ M t 179.740 16,661 i~
TON OPwa~in6 Rwwwws - 16,64.3_.176 0,643,714 w
o"mTm 000": r
k 41,754.620
l Puiolwad powat
Fuel ,
62,714
pwohaaa of wNr ,
10,014,161 - ~ ¢6,677,
a ! SOW40ww4ow
1,463.100 3,074.320
I Matwlelt 04 K" 11
3,332'ess 40,oss 1 s
, I a,; i Malnlananoi and up~4a ,
~ 7,441,064 1,643,710 ~
3,046,676 _ 226,106 r is
~ MIwNMnaow -
TOW op d fXpasaaa 74.126.040 61674.466 s,
16,814,136 (60.7441
l Opw~y mama (lass!
N_0110►iMTMN IIrV0/1Ui1(IXP6N/60k
4,200425 274,146
a 1nta/m opww vw f ow'gm'" (6,275,6641 (221,6371 "
11061064}_ 1371276 ~a
Odwr .
ti3,111
Told N~MI„bdllatiwwM ftwwol 211! 2b11
Ywwwa fabta MMwIn1 Taw 13,13Q9s0 102,643 t'
1' , ~ ~'S i,' OP6~IA1111d 1RAlllNfll`~f(11bi~Tli _ ~
61.366
5 OpneN9 t "Gft n r
(7,619,664) (400)
ltanafan liud '
r j s 101W bOMatly Tntn.iwl 10111 17.11111.476)__ (40,1131
1 NA YnWA M10 0 CXVNFlbwY hem 6,460,461 611160
LM MOft0YLM1Y ITrA
l laonda 12,764,6471 (616011 I 4*
Nothooms 2,726,101 $3,669 i:.
A.M DwootatM of Fbt1d Aoooli aequlsd wkh CoeW #d C*a1 033.934 Slots„
Inaraaai in RMainad tam NOa 4,460,642 411,917
,
10 661 311. 1 T/I 610 r
MTMMIp,rAMMN101 • owalaf l ~ ~ g 1,a~1K'~, "y
. RtfAN10tl'GMYNd1 • f tptreiw 50 ,
•12•
r
d°~` <
f
CITY OF DENTON, TEXAS.
Tout
1Memomr0im OrM
YMt t roved
6~tombor 80,1eifS' 8optomFw SO, 1002
4 64,604,116 168,726,999
6,926 11.442,606
7,161.664 6,440,166 i
F1" 1!1,410 127,1116
ar¢ ld,stb,ge !1,622,676
41,7$4,420 41,872,092 1
s'•,';
i p 6,"4,270 1.042,06 « ' s
14
1 b + , c , _ . 11,160,606 11,0l6,G27 ' Z 4 1 , ! Y'
3,760,038
r
i~ Y„ 8,Ij8,6~f '1.661,687 s a,
eli
r'~h4"5 L, : 1,176,1" 6,611.67!
60,70! a 76,411,40
,41
x 4 a} 1112!! 3!1 561011,11!
k y4,476,871 4,731,666
<4, y 16,604,1011 16,119,4111 '
,
i
S "ro '0 2#,111 110S,976!
,I
Y i
j 6
h 1!.11!,678 14 09,368
? d 66,86! 62,661 r.
11',740 0171 (71160,901)
6,961,416 7,341.461 1
,e"~ , ' • 11,11:,64!( ~ , , ,y,'
j
7,642,461 yy.
i•r. 2,00,661 1,!44,714
I° ~ 4,671,0:r 6,1e7,1i6
67µ1g71 a,1e6,u>t ~ ~•y
f canq""Nr "MW ft*VW 111port - - - t
,.~~aY!-:kA tRlq:r„*•- .4:ki\•d<. nr e. ..r ✓ .
s
Y ; •
01
'a
CITY OF DENTON, TEXAS i
I s.
t;
COMBINED STATEMENT Of CASH FLOWS • j
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993 'j
Proptistsry Fund TyPa i f
Ent"mi" Intem t Sarvia
Cash Rsws ban epsrMSy aetlvldw:
Cash reoaNsd from euatomsn 1 63,830,087 ! 6,786,668
EE
Cash paid to amplsyas for wvicss 110,648,1971 (676,770) i
Cash paid to oupplws (41,768,927) (4,463,166)
' 11st e/sh M'oW1a/ by epsratlats ~ / ' a:. .l
Cash AsW~ from sisl~csPkal fbwtsina a/Srktssl
i
Opwsilnp trsrwtsts out to othw tuna. t7,699A941 l4o,o63s
69,660 ;
Opw4tin0 tnnafart in Hem other funds,
Contrtb Iam to FNat Mplsoamant fund 1176,bti0f
yj,e
f4eosNM from ethws 61,216
4NM wh twsi for) "WAS11~) flnsrwtiM~sWayMYMs 17,749,640.1_ 140,N6►r al
9!!
+b fl} 1 t ffasva ban ~ "WW ~ /Ydso• i
+ r fhoossds raoahs0 hem aomrbutsd aphol 146,087 iI
Mnotpa! payments on r"wa bonds end contrsotuat 0WIPtIon 13,661,650 .11766,301) .
tMnat and flow o4woa 161909,163) 1221,0131,
ftocade from taw of Etyma bonds and controetuat oblpstlon 616161000. 1,136,100 r~
r , PrMlolwl paymw" oo rm" f»yable 943,126E
y frrirotpbl paymanb undo *W&I lass ob39atbn (111,101) t
Aowlshton sod oeratruonon to fixed atsats 864,868,1291 ti,014,613s ' , ~
RocNds from all of Ned plats 162,363 ]
pm" from "0 of nwwwkq bonds 113,611,660 107;612
prim" td rafandN bona aorow a pact I!!,6! I.S/ol 410~,lf21 ` l
test wash low hr) sopm a1 romw &WH* 1 -Ad "lee 06.394614711 117217")
Cam &we font MvH1rw aaWMwt
S!' i hooat'ds from sale Ind nwturhlee of kwastmard aourhNe 101,869,141 6,601,394
Antw4 of Mwatm d "&AW (112,107,286) 46,86910221
imuat rswNsd on lnvatnlsrda 4.194.616 272,401 '
Not each Im wl owl 11ty" lna 6wvwm 136,a321~ 1111,!!71
1P
lest Wow"") Im cash and cash 6wPralents 1878,6101 (170,204)
each w Msh 0*0*mkw • oetelar 1 weir X3,/01,633 1,648,868
aMMa a6 /
Owl wash • sNMw"
yp
(Cordkwsdl
t Compnhamelvo Arvtuaf Fkvo" Aapwt • `k
u „s
A Al
a.
i
et' ,
CITY OF DENTON, TEXAS
( w. TWO@
(Mmwan& m onm
Ysw Ended
$Wernbw 70, 1691 eeptembw $0, 1x92
690,616,770 /92,029,roa
(11,223,267) 111,142.417)
i (62,21:,x2) ' 466,r26,e271
J1y~;liol 46,061
s q,799,i3l1 (1,722,009)
t
.
i r R
t 4t4a 7
97,466 ,
44,W,99r1 14,8yi,?~1oJ y ,
M ?i 72i6,111)y S61f19~ol ;
v 7,716,700 6,1oo,000
,r f 408,724i (121,7N1 -
tp 1179,601{ 4101,621
416,942,702) 17.621.7401 t
162,!6 90,699 y~
82,121,142
~K ~ ' ; s 411,861,lu1 112,l21,us1 ~ a
8,690,129 10162,406 '
F i, , 1t 4119,/99,>II61 (1161760.910) >
r Parr I: , ~ ,
~ a 4,4!0,917 4,169,60
I9t;9,66q 1l,24i,1061 ! I ~ .
WY, 1 $41
,i 9,nrr,la 9.912.96 i n:
q rI ,
r I 1
Cor►prl M** A&" Ibw W ROW -
,
.e l?4 Y.1. Yl'i4J, rv<aA Uf.P. . n,.:..a. ,a'n YY
1
i
v `
,
. kx+rxti- ~ r
CITY OF DENTON, TEXAS r
COMBINED STATEMENT OF CASH FLOWS
ALL PR"ETARY FUND TYPES (Continued)
F~(R THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
i
Enterprfee ke ornsl WV100 j
Ressnoftdon Of hoprfatary Fund Opande8 kwwm to Net Cash
l wMW by (wed fort 0pereft AotivW"
owathv income Marl
f 16,314,136 1 180,7441
1 Adjlntffv&u: '
i oeWecietbn expen" 7,44 ,094 1,!143,519 I +
Decrsese 0""s) in raoeivaWas 1643,143) 11,7221 J
* 1 % ) dome" Iln meal in due fr,1m other fume 18,669.946) 1,193.637
ow"" els) In iwsntodes
r, { (1b7,oa8) 1
r t>.aes" dnexeaal M prsyeida
0 41
fr 126 1(0,0601
r
r ~ ; , a w kic~eaN 1Dea"M1 in accounts peyabie 2.823,930 : -254,464 rAu~ S k~crN" 104oesaasl in he" psyswe
R i 1f1C/"ea owmass) aGxr111)e
d ( 4Wd '
absences C 28,364 9,207 x`t
3S~yi ,r
' Irxrfeae ( ~ In due to othw We
y! Total sdlwanants 8,030,123 11,244,3891
yy 10,210,628 _ .1,738,608 '
Yd Y ' Net eMh provldsd.LY ope,aft saww"
E
r
y
r t' : 1:
e~rH. ~+~f yr
I
y
~Y
,
j
9
r i - CO w"uNe Amuaf Phanclel Report
r` n .
71 A
•
i
l
CITY OF DENTONr TEXAS
TTo-tal$ ^_y,1
11Mwwwwt" Only)
Yar Wij _
5eptemblf 30, 1993 Septemt& 30, 199?
r~
~x
t 16,233,391 $ 16,011,133 i
~d+, f 9,084,103 6,174,291 4
$ • r,?w x r, I"44661 11,846,2701
14,37,0,2411 21341,698
`z 1107,001) 18,960
3,071,3e4 11,638,6681
bl 3,313 S
r?""+14ty"",a -.r r' 37,061
4,746,234 ~4 oIO,Z~ t' F R.
0,240,668
1
a{ .Ii
1 1
oil,
a
ah.
1 ~ ~ sr
J rf 1 _ eiwmp*rwlw A&wd Fb&%W RaW
1
^t r { ~ r ...1.=..1 /1NM1•~•V ba°:,e,~ , ca':F _ . 4,..
i
•
CITY OF DENTON, TEXAS
F r
Y
y a„,
11 ~
f 1
i
r ,a e r 1
ld,q ,fit . ` ##ff11 -
1 y ~ V J
l
I ~ V
l
i
C rrhs Arewl F%&WM peat
al v 4~]i t ~ r s d~ w a .car r.*r.,_~{~ I
1
i
E
CITY OF DENTON, TEXAS
NOTES TO FINANCIAL STATEMENTS
E FOR THE FISCAL YEAR ENDED
SEPTEMBER 30, 1993
(1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
j The CRy of Denton ('the City') was incorporated September 26, 1866. The City operates as
a Home Rule City, under a Councit-Manager form of government and provides the. following services
as authorized by its Charter: public safety (police and rv5), public works, parks and recreation,
electric, water and wastewater utilities, sanitation, and general admintstrative services.
The finenciel statements of the City include ae activities for which the City exerd W oversight
»aponaWIty. Ttlt criteria conaklered In determining governmental activities to be reported within the
Citys pet►era( purpose finaf►cial statements indude the degree of oversight respansibiGry exercised
by the City CounCA over the activrty'or functions the City's accountability for the amity$ fiscal i
s matters, the scope of public service of the entity and the nature of any special fin2rx9nq relationships
which may exist between the City and a given governmental entity.
The accounting policies of the City conform to generally accepted scoounft princ,plea as
appoisibie to -governments. The following Is a summery of the more significant policies: l
A. Fund Accounting
The accounts of the City are maintained on the basis of funds or account groups, each of
` which is considered a sei;erate accounting entity. The operations of each fund are summarized by
providvg a separate set of self-balancing accounts which comprise its assets, liabilities, fund equity, i
revenues, expenses end expenditures. The following funds and account groups are used by the City-.
i
0ovarnntantal Fund Typts
Gaups! Fr&W.
The General Fund is the principal f and of the City. All general tax revenues and other receipts
that are not allocated by law or contractual agreement to some other fund are accounted for in this
fund. From the. fund are paid the general opersting costs, the fixed charges s;-d the capital
improvement costs that are nmt paid through other funds.
4wW Raramm Fwfds-
The Special Revenue Funr,s are t:sed to account for the proceeds of specific revenue sources
(other than special assessments, expendable trusts, or ms* capital projects) that it legally restricted
# to expenditures for specified purposes. These funds include the grants from the Department of
Housing and Urban Development (Community Development Block Grant) and from the Texas Criminal
Justice Division, Department of Education, the recreation fund and miscoi4aneous other revenues.
i
•19•
i
F
I .
r
t
f
Notes, City of Denton (Continued) 1
September 30, 1993
Debt Savior Kard-
and interest on general long-term
The Debt Service Fund accounts for the payment of principal
of and interest on
rabilitIes, paid primarily by taxes levied by the City, and for the payment principal I
capital leases in the governmental fund types.
Capita! Projects Frards•
The Capital Projects Funds account for the acquisition of capital facilities being financed from
bond proceeds, contributed capital, or transfers from other funds, other than those recorded In the
Enterprise Funds, the Internal Service Funds and the Trust Funds.
Proprietary Fund Types
Fntaprfse Frrrds-
i
The Enterprise Funds are used to account for operations that are financed and operated In a
manner similar to private business enterprises where the Intent of the governing body Is that the costs y
(e> s, inchs*v depreciation) of providing goods or services to the general public on a continuing
basis befinanded orrecovered primarW through user charges. These funds Include the Eioctr{c, water d
and Wastewotie Utility Systems (Utift System) and the Sinitsuon operations.
br>tianM/ Samoa Funds.
The Internal Service Funds account for the financing of materisis and services provided by one
, deprtmbrtt 'bf *;a City to other departments of the. City on a coat-rimbta'sement bads.. These funds
inckrde the Worftln¢ Capital Fund (vehicle maintenance, warehouse and machine shop) and the Motor
Pool operation.
F)duciwy Fund Types i,
Dust and Ag«►ey Funds
Trutt and Agency Funds are used to account for assets held by the City in a trustee capacity
or as an agent for Individuals, private organizations, other governments, andror other funds. These
Include Expendable Trust Fund (Employee Insurance) and Agency Funds. The Expendable Tn-st Fund
Is accounted for In essentially the some mariner as Governmental Fund Types. Agency Funds are
e measurement of results of operations.
custodial In nature (assets equal liabilities) and do not 1,1vo1v
General Fixed Asseils Account Group
The General Fixed Assets Awe,xtt Group represents a summary of the fixed assets of the City,
other than assets of the Proprietary Funds. Capital outlays In funds other than Proprietary Fund Type
!
;
are recorded as expenditures of those funds at the time of purchase end subsequently recorded for
control purposes In the Goneral Fixed Aaaets Account Group.
(Jar" Lowyarm Llabftn Aomrd Group I
The General Long-Term Liabilities Account Group represents a summary of the long-term
liabilities of the City paid principally by taxes levied by the City. This account group does not Include
lo ig-term debt accounted for In the Proprietary Fund Types.
•20.
Ok-
INK
i
Notes, City of Denton {Continued)
September 30, 1993
i
8. Basis of Accounting
1M aewvaf bash--The Proprietary Fund Types are accounted for on a flow of economic
resources rnf aaurement focus. Accordnngly, the accrual basis, whereby revenues and expenses are
Identified in the sxauntN period in which they are earned and Incurred and net Income is
determined, is utilized for these funds.
AioaG W aoorvaf bash--The Governmental Fund Types, Expendable Trust and Agency Funds
are accounted for on a flow of financial resources measurement focus. Accordingly, the modified
accrual basis Is used for these funds. Modifications in the accrual basis for these funds include the
following:
' 1. Revenues; are recognized when they become both measurrble and available for use during the
year. Those revenues treated as being susceptible to accrual include taxes, interest and
intergovernmental revenues. Revenue sources from licenses, fines and fo feitures, service
charges and other miscellaneous revenues are recognk:ed as the cash Is received.
2. Expenditures are recognized when the related fund Gabil,ty is incurred, except for interest and
1 principal on general long-term debt, which are racordfd when due, and vocation and sick
i leave, which are recorded when payable from current available resources.
` I 3. Encumbrance accounting, under which purchase orders, contracts,
nothecommitments
for the expenditure of cronies are recorded In order to reserve that portion of the applicable
appropriation, is employed as an extension of formal
budgetary Integration. Encumbrances
outstanding at year-end are reported as reservations of fund balances since they do not
t' constitute expenditures or 6abilWas.
i . C. Budgets and Budgetary Account ng }
L--- { The City Council follows these procedures as prescribed by City Charter, in establishing tho
! budgets reflected in the financial statements:
1. At least sixty days prior to the E
beginning of each fiscal year, the Ciry Manager submits to the
City Council s proposed budget for the fiscal year beginning on the following October 1. The i
operating budget includes proposed expenditures and the means of financing them.
2. Public hearings are conducted prior to the adoption of the budget M order to obtain taxpayer
cwrwts.
3. The annual budget adopted by the City Council covets the General Fund, the Special Revenue
Fund (Recreation Fund only), the Debt Service Fund, the Enterprise Funds, and the lntemal
Service Funds. The budget Is legagy enacted by the City Council through passage of an
ordinance prior to the beginning of the fiscal year. The general purpose financial ststements
reflect appropriation control by function activity within an individual fund s4 approved by City
Council.
4, The City Charter provides that the City Manager has the authority to transfer any
unencumbered srWopristion balances from one expenditure account to another within a single
office, department or agency. The Charter also provides that within the last three months of
the year the City Manager must request the City Council to approve any transfer of
r unencumbered appropriation balances or portions thereof from one function to another as well
.21.
a
,
21.
Notes, City of Denton (Continued)
September 34, 1993 ,
as any irxxesaea in fund appropriations. Individual smend Ywts were not material In relation
to the original appropriations which were amended. , i
AN budgets aro adopted on a basis consistent with generally accepted accounting principles
except that for the Goverrxnental Fund Types and Proprietary Fund Types encumbrances are treated
as budgeted expenditures In the year of commitment to purchase and for the Proprietary Fund Types
depreciation expense is not bur .:,•ted. AN unezpernied appropdMkMS at fiscal year and lapse to the
appropriate fund balance except for those of the multi-year grants andltx projects.
A reconciliation of revenues and expenditures on the budgetary basis to revenues and
expenditures an the mod'tf'ied svrual basis for Governmental Fund Types is as follows:
General Fund spftW Revenue Funds i
R.wnwo ens oa,« aa.a.: f
bests 119,073,760 x 469,024
apedet Rswnue funds Urbu WW.
}
Cwmwniy pwelopnrerM D" Gtent 772,568
Aeor~sdon 11.249
7 t c Jwdw 148,470
mw ,
f R ± lmpy FosMr t3JeW 146,637
Rownua and ednr sowow an modiMd aoaruei bests 29,073,760 3.1 xe,603
/tuna W odw us".
`y ,k ipe(ejYbdef' 17.66 i:! 401,708 i
Er101MnDraflap tnetl 22s,a11 1
t ~
0paalsl Rev~ Runde Upbudpstd:
C.,nMnky t#owlo"nt Moak Grant 772,311 `
Aeerse"n 11,Iai J
14x.470
. CrYrinalJwtla
Emly FoMer 16x,201
r'
Who 1,201,602
Emoedtrorea Ow odwe ussl on nw&Aod sooruol brie 17,911,704 1 694,aO7
Mwerwm eni rarer sasses ewes oyendhures end edw ww en +
od soerural ►eeie
e -did
ii.
'22.
,a 5
yt;
r:
"
r
Notes, City of Denton (Continued) 4 J kv
September 30, 1993 a!
D. Cash and Inwt►eruts
i For the purposes of the 'Statement of Cash Flow,' the City considers demand deposits and
ificates of deposits With, maturities of under 90 days at acquisition . to be cash and each
cart
equivalents.
investments are carried at cost which approximates market value except for investments In
the deferred compensation plan which are carried at market value. Interest earned on Investments
is recorded In the funds in which the Investments two recorded.
E. Unbilled Receivables
The City accrues amounts for utility services provided In September, but not billed at
September 30, 1993.
F. Inventories
I
Inventories are valued at the lower of cost or nw,`m. Cost is determined using a moving E'
everage method. I
_ .t 11
i G. Fixed Ases:ts
I " ~iitaipr/N aid ~rhiNM $arvfcs fist*
fbwd assets VO recorded of cost, including no lntereaf ddiri tl'ie'constncWn periods
CoMrlbut d pro wW Is recorded at (sir "*at value at the date of contribution.;, Depradetton i ; r,
r
recorded on each opus of depreciable property vWaig the straight-11M me hod over the eitimati d
i s uufuf ('eves of the assets.
.
.r .
1i A
k
k k
{j ,a3,
1
3 ~Ji 1-1
is
f. r
Not", City of Denton lContinuedi 'R.
September 30, 1993
?Y
Estimated useful lives are as follows:
U"kd 1316
Mod Asset (yews) I
{ ENTfIeMYSE FiA1rDS- f
6rcbk bystsar
General assets - Structures 50
- Equipmem 5 20
Distribution assets • Svuctures so
• Equipment 20 33
Transmission assets . Equipment 20 - 33 i
Internal combustion assets - Strucuns do
- Equipm" 13 20
Steam power asseta - Structures so
. Equipment 20 35
~ ~ ~ tttgstar std Nir~bwatM' SNenrr
l~' IItFI4 'a ip
50
Stnxtures
Y
' Water and wastewater maim . 20 33 k
10 20 !Equilpffisht
fbitures 10 "
40 100 i
Water Store" Rights rt
larRsdat
E
i Vehicles and equipment 10
Landfill
NTEAW SERVICE ft^t$- i
Vnhides and equipment 1 - 10
RenewNa and betterments of property end equipment are UP11812ed, whereas normal repairs
and maintenance are charged to expense as inourr^d.
horny W flied Assets-
Worst fixed assets am recorded a$ expenditures in the General, Special Revenue of Capital
Pro}ects funds when acquired. Such assets are capitalized at cost in the Worst Fixed Assets
Account Group. Significant gifts or contributions of assets are recorded in the General Fixed Assets
Account Group at the fair market value at the date of aogtrlshlon. Public domain (Infrutrt4twel
general fixed assets consisting of streets, curbs, sidewalks, gutters end drainage systems, are
capitalized along with other general fixed assets. No depreciation is provided on general fixed assets.
t
.
.24.
j
,
r
t
d Notes, City of Denton (Continued)
September 30, 1993
H. Property Tax Revemae
Property taxes attach as on enforceable ran on property as of January 1. Taxes are levied on
October 1 end are due and payable at that time. AA unpaid taxes levied October 1 become deinquent
Februsry 1 of the following year.
i
The City records revenue from currant property taxes in the year in which bills are measurable
and available. An allowance Is provided for delinquent taxes not expect
ad to be collected in the
future.
At September 30, 1993, the City had a tax margin of $1.78 per $100 valuation based upon
a maximum ad valorem tax of $2.50 per $100 valuation imposed by Texas Constitutional law.
Additional revenues up to $33,872,855 could be raised per year based on the current year's assessed
value of $1,891,722,188 before the limit is reached.
1. Compensated Absences
The City allows employees to accumulate unused vacation up to forty days. Upon termination,
any accumulated vacation time will be paid to the employees. Generally, sick leave is not paid upon
termination except for f iremen and policemen. Fireman and policemen accumulate unused sick leave
ti
to *num of 90 days. AN other employees are paid only upon iliness while in the employ of
tity.
}
As of September 30, 1993, the liability for accrued vacation leave and accrued sick leave is
approximately $3,326,064. The amounts applicable to the Enterprise Funds 1$548,112) and Internal
Swvke Funds (432,838) have been recorded in those funds, and the amount applicable to other funds
($2,747,314) has been recorded In the General
t ~ Long-Term Liabilities Account Group. The amount
e?q+ectbd, to be paid from current available financial resources is not significant.
J. 'Memorandum Ody' Total Cohxnne
f
j Total columns on the combined statements are captioned as 'memorandum only' to indicate
I that they are presented only to facilitate analysis. Data In these columns do not present financial
position, results of operations or cash flows in conformity with generally accepted accounting
principles. This presentation does not represent a consolidation. Interfund erwninations have not been
made In the aggregation of this data.
(2) CASH AND INVESTMENTS
In order to faciirtate effective cash management practices, the operating cash and certificates
of deposits of all funds, except for the deferred compensation fund ere pooled into common accounts
for the purpose of increasing Income through combined Investment activities. Federal depository
Insurance or the fair value of collateral held by the City's agent In the City's name exceed in total the
City's bank deposits (cash and certificate, of deposit) at year-end.
The investments of the deferred awmpens itlon fund are held separately from those of other
City funds by an outside trustee appointed by the City.
Statutes authorise the city to Invest In obligations of the U.S. Treasury, U.S. agencies,
repurchase agreements, municipal pools, and certificates of deposit.
.25-
"Oki
(
Notes, City of Denton (Continued)
September 30, 1993
At $Wwnber 30, 1993, the City's Investments (U.S. Treasury and Agency Securities and
Municipal Securities) are Insured t,r registered or the securities are held by the City or Its agent in the
City's name. As of September 30, 1993, the City's Investments are as folbws:
Par Cost Market Value
U.S. Treasury Securities #31,295,000 #32,598,683 032,391,287
U.S. Agency Securities 35,400,000 36,786,969 36,594,970
Municipal Securities 6,500,000 6,489,645 6,580,250
Total Securities #73,195,000 075,873,297 #75,566,507
Munietpat Pools 17,692,000 17,692,000 17,692,000 j
Total 090,687,0 0 #93,i6~;297` 39 ,758,W7,t
I
(3) FIXED ASSETS
Cwrwal Pasd Assets-
i-xwai fixed assets balances and transactions for the year ended September 30, 1993, are
summ r,'ed beicw:
E
E eaten" Salon"
Oct" 11 Transfer it Saptor" 30,
1992 Aaah'ona Deductkms 1993
land 4 4,728,788 0 - 1 4 4,728,786
eutldings 11,878,184 1,764,828 13,633,010
` Strew 82,312,222 2,046,537 54,358,769 '
Machinery W equipment end i
other Lriprovernsnts 6,049,357 399,489 8,448,846
Construction in progress 7,074,473 4,263,999 (1,498,5301 9,831,942
TOW i uT h±4fr~"-0. $i 4 .5 1 r r ..:7~ LW M .
E
i
Invastmaot in Gai wal
1
Faced Assets
From bond Issues #81,898,703 #5,870,043 $11,496,5301 $66,072,218
From outrent revenue 8,818,703 399,489 9,218,192
70,717,408 8,069,532 (1,498,630) 76,290,408
From eontrlbuttons 13,323,816 2,385,319 15,708,936
Toth a;ti%}. :bl2~ ,f,a 4 `;t z }f17; a lW9> #
r a
• 28 . ,
i
:
Notes, City of Dienton (Conti KWI
14 September 30, 1993
General Fixed Assets by function and activity as of September 30, 1993 are summarized as
foilovre
` MaohJEWb. Pais! -
odw
Totme Lend &"nge Vww knprowmenh
TOTAL POM TO OOTOW 1, 16M 153,241,504 14,564,452 16,390,132 /34,702,281 i5,654,436
` OBVEttAL eova Ag wff..
Parke 2,5621161 11,719 2,302,152 266,290
f Parks Grant 611519 42,026 10,403
1Ij Lp1 100.477 100,477
Muridpet Court 7,357 7,357
Human Resources 11,754 14,754
CMOMMD 15,363 25,364
}
aiddenp Maintenance 210081111 1,977,687 30.231
793.209 2,4053 790,661
i tJblry ,
41.640 : i
z U66Y Grand. 01.60
PlwdnblCO 167,940 73,201 2,034 62,5
ry^, +
a 4waso" Anoiab 4,A21 4.424 }
a Teem earraeel eeranraw+t 6,W.467 126,646 4.244,131 1,436,460
~ " 3 ` PfAatJ~C ItICIRxe: ' , : , ~'r
r f II
+ r r + 1139,33 EigMww" 41.454 41}.464 ~
' a
h t7nM9en0Y Manaprntnt 16,796 if ,743 I
34.557 ,
r ` Code EnforoeneM 6.101 6.101
AAA WeAu AdminletrMkn 20,733 20,733
lit7Mts 18,045181C 4,335 11,690 17,06.421 74,260 j
'J j sumAweepln6Ahatnape 1,691,465 1,601,044 30,611
Almott Bond 3.70 $,766
Allort 4.170 ` 4,1 to
,
tnvlra -0. Ha1dr ber&" 2,112 1.112
Mine! Control 269.403 266,x01 3,401
Nampo" Grant 3,861 3,01
HouedaW Used O6 Grant 6,323 4s1A
C" TV 4,150 4.160
TOW hA,xa Werbe 120.10,573 1 4,336 6 177,361 616,856,475 4 2811371
I'
I •Z7•
,5 + y
Not6s, City of Denton (Conttnued)
SWOIM e< 30, 1993
mwhaEq*. and
¢ Total Land kfvm%wmnu
r
f/YAW4 4 ! 1 29,452
Aner oe "Wd.tadon a 41,452 f
• 63A44
eustonw "rAfA- 61,948 5,253
pwo"n9 6,263 13,694
c"Wedrq 13,694 20,336
Aoowntin9 20,336 26,658
CouA Clarks 26,556 - 2,110
Tax 2AS0 163,410
184,632 1,122
AdrtidetreY+ve SenSae 2,903 436,176
339.078 Iniormedoe 6on4e« 1,083
i,063
OnfemFve Od.AnO bf+2,bi7
696,642 4,026
Total nwm
r i 9/8,4Ir<1Y'. 19,054
t 19,064
&a AtlmfdskMial 676,840 167,014 '
64.704
16,160
x s_ 17,10>i 1,OU
t
t Ari Aw~a+ 2010
34,529
&WON oY mw6 19.206 .
.19,10{
M 1126,261,262)
} 1 . 24,141
w~ 24,139
• Poloo~AdrddeaMk++ .42,N76
j
em" M+>"wgmkn 42,671
69,002 ; ~
69,001
Pob« OPeredeir 94.022
e PC" 6UPW Opu~done 94,022 29,474
Poke Grab 29,474
614.62!
1,054 676,640 A
1,H1,216
Teal P%6k 60"
y
9,631,041
w
n tnrcdon In Prop*" ~
' TOTAL tilfS f':
y
.
A
•28•
_s
stn e` xr.r>.,
:L a
rqy~
ni
Notes, City of Denton (Continued)
fl
September 30, 1993
Changes In general fixed UWS by function end a0ti W for the fiscal year ended
September 30, 1993 we summarized ss foAows:
Genwel Gerwei
fbred Aeeste TimWoml Fbud Assets .
1011192 A"*m W Vd*N !170118
TOTAL PkvkTOOCTOBER 1.11is0 15x,241,504 1 ! /53,241,604 i
~ 'fr
~ Yi6n~Ri4i 60V~B1M1e41►:
radu 2,464,570 117,6x2 2.6!2161
f Parke Grorrt 61.61! ii,6f 1
Lepef s5,lso 14,497 100,477
j Mxiapal Court 7,357 7,357
Human Resources 12,717 2,037 14,784
CM0IMSED 25,366 25,368
•
lurldine Maintenance 230,548 1,7!7,670 21008,218
Wary 685.586 127,623 793,208
`Wary GnM 80.8711 20.761 $1.640
Rerwrtnp+CD 10.747 4,103 1e7.l40
OpetMleMAnahlsfa 4.824
ToW OsrWW 4"Ww"m 3,783,104 2,064,763 S. $4Y.441
r9r " lIOIIKB: 41,488
44 TnfAo Eryrtemwo"row
erfnp 41.+68 Waresiray 18,7le 15,yaa S s
34,S6T
En0liteedrre $4,667
Woe Ea(oroemeM 6,101 1.101
r,R6e Woks Admir3etradon 20.733 2b,137
itroets 17,100,127 x86.498 11,0,3E Etd
3thet SweeplrplDraLupe x0.621 1.661,041 1,611,i~6
3.7#6
Almort 4,170 4,170
Emirorr+ro w Hoom Sw%4o $ 118$3 250 2.112
Mimi Control 2611,403 263.463
RaMokm Word', 3,681
Hewehokl uw ON Orw 8,323 e.u7 i
tame TV 4.160 4.160
Total ruble works 111,128,822 42,060,9S1 1 130.1/l,67x
.20-
- I
t
Notes, City of Denton (Continued)
Septwnber 30, 1993 #a.
Oawral 0orwr~ , z:
RxW Anw TrNWNs! R ad Awofa t
1011181 Addido,» Drduotlom 5190152 3
'r (oondiwudl:
% x }lrnnoo, AdniriMratton a 39,113 1 Sae f : ! 80,452
CuileMUiorvloi 50.114 13.722 09,145,
, ruralwrin5 5,253 5.257
135#4 13.554
} 1 CM1~odn5
} Aoboundn# 19,IM 471 20,336
+9` ~Cou ttkr 13,323 3,235 11.565
i,51o
2.#10
Tex
154.632 1•
w'. t BOOM 113,760 11182
Abadsvrdw~
lydemrGa+ ski"" 31S.384 13,994 - 531,070 j
004(04" 06in0 t a3
r 9 995 041 ` `
a < TOW Henna 893,#19 02,64/ -
AdmMi~trsdon 17,171 1.176 :11064 !
Fero99eeM 843,704 843,704
Vi . 15,519 11,474 17,300.. L;
11,015 3.1101 34.929 s:
1 , a rJ114r57~
(1511 7,6#8 141712 15,105
Fri' Mateo Adminfotntlon 10,710 4.425 24,199 }
s1 7e
ar,an.l wri..dy.uon 42,319 aeo '
MgS4 OPOG*4 r ti4.188 4.917 61.003
< c , 94,623
PA" low owwam 99,N7, 5,076
2#.474
poke 0nnta ~ 20.414 60
1,1 W."1 42,994 1.152116 - r~
Taal PA1e iohty
1
conaMuoden In Rrowe" 7,014,473 4,263,999 41,406,5301 5,001,542
T01A1 ~a ;
a f
e I .,.;.,w,x,c:u.•,„...-air. rkc,P
12, § r r.
" akpi Al i~
vlltfl~
e
t otes, City of Denton (Continued)
September 30, 1993
Cwwwe4on in progeee is oompm d of tlw fOowbq:
S;
hoNot Evwrded I*
AppmpdWon S"twnbw 30, 1993 Committed
T' , AkporttWVmrwMt / 2,054.611 $1,656,070 _i 396,541
Nertlwm Aeotswon Cwitaf 1,300,060 649,761 650,240
Nift~1 lakn (6063 e t 000,000 493.868 606,142
AtNodo FW& $54,606 665.92 170,614 i
8wlwenfn6 fool AwwvNforo $28.514 695.499 3.016
C LMK4y` 161,135 363.272 417,817`
f Lail Edwownww 30o,o00 1",eu its
rt ( : z C'Cfitw 11w+ov4doN 10.759 10,763 t
W Comiwt 6tedefw to Goo` , $0.1115 16,195 311,000
t Awffooni Hwdtiorw 14,046 7.093 ' 7,43
r Ole Cohv~ Syelont , . 1,213,863 1,1 ",003 . 109,360
a6 6x5.725 059,717 11a,9sz!
AN station
Chy Nri 1NeetM.v, heel 8.144 3.144
r'.
I, retaa • iKC ' 233.9" 112.293 121.666
1
C4MTW T" eM w{fp • 20,000 19.982
13
UM { 3'1 Hw woy 6"POM "gh po)" 2f 1 S4 17,468 1.64$
fy~, ktlhr ftietcway 417,341 363,736 $3.07
.
e l,Nff?wif 99.061 ".490, 311 ~ ;
A Twnloyr►eje6fs 871,660 666.712 102,946'
S~
1,156.313 673,"1'° `6f1.N1
~n-
ta,was,~ 11,170 1,430 ttr74o
r ' t^ on $14,516 $0,713 263.7j3
TrnMo tyetefnlapfw~ 414,000 347,773 96,217 a
` , C 8M1iwMw 190,157 1 {6.034 11( 23
d . rata6Nan Mlafda $2,499 62.456,
Aipwrh.ew 227,407 227.687
U : ! CoNGtHKt. Worth or' 64. 41,197 19,643 ` 22,311
Abpat pa" tat Aohowtloe 111000 165 27,140
t" Club Cwrtw NMM6 Let Aanowdoe 1051S55 lS.376 `078
r Airyoit ~~miml I~wioon 81700 7.336 1.364
j i . , , 99133,0 thelrrpt MOW 14912"
A Poaq Cr1ek oa AW 21,609 21.606. ,
8AlCapph CtaeA Oroinoya 63,395 39.460 13,929'
Hoboon L w M* brointpo 114.034 124,OH, t r,,
joilwjGtvwt Omnw 150.000 1.829 143.10:
FoftwoMOM Drdlwpo 1,411.979 38,ISS 1,$71,034
thew off" uAd"Oft 6,000 6,00
A"" flood tke11w0o 66,110
+100. 1c ,
000 '
u6iw* d 600,000
Am po" Let Ilm"Oton 12.009 12.009 i r
VWW Arlo hfkkq lot R#fwmen 6,196 5.19$ ! ^
CkyNdMwalk 1t,020 13,010 I
tdryMM raw $02 302 3 '
%AW Aft tldewd o 10.000 t,t1 t 162
12'ryl <gY!';P~P r4 'r,. rv r w ~~°i`~Te~a Y'y r, °`"9airty, I
a 7.w
i
.pry/w4t5Y»wmb•INa.:.-i mn. r.N d'akS!"I dJhll n"Af e..°..
,1F ,dl Prfi iRSa . .:'Ar
r
Notes, City of Denton (Continued) t.'
September 30,1003
I '
EnterArtsa rrd ititarrW s*vW Fwds• I Fixes assets of these funds are ss toliows:
r
September 30
1993 1092
f V $yatalA
. , 4 2,381,085 i 1,824,216
I." end land Nhts
59,()I60.569.737
Vilater stomps rlphts
87,829,579 $3,845,968
{ ~ end equOrient
42,283,006: 40,780,456
Water plant and eQ4MWA
40,045,858 38,180,818
N eetewater plant ant! Oulp"nt
2$9231,810,888 ,920,282
,
for depreciatbn !88,482,8051 ' (79,299,519)
Less Allowance 14308200783
145,128,084
4,840.075
J 12,472,708
' Construe A In pw"$ OEM
c " , 1+o1a{ fbted eases ~llh $ritem
9
,
:I Sanh!r land rights t 2,017,210 1 1,892,239 - ;
681,798 455,822
va*fts 4nd equip t.
11,971A881 (1,613,087)
4
x, 1
;
r Leee ANowance for daprsciation
7a~ fixed assef4 • ;
lntem 5ervka t
183,$08 0 i83,809
,.l lsnd~alnd ilkld rights 15,022,085 14.411,479
Vahiclas .and Other a~aete ~
3 111,211,7321 (10,280,01 8)
Ld" ■ ANowence for depredation
tow faxed "Sells • Internal SanAca
il.
i
}
is
Notes, City of Denton (Continued)
September 30, 1993
t(4) LONG-TERM LIABIL)TIES
A foNows.Lonp-term RabiRl" transactions for the year ended
September 30, 1883, are summarized as
,
,
y Balance at
Balar+ca at
October to
{ 1982 Septembar 30
t883
Bana►dtOnyTi►a► tgwd Retired
t+i.Abftirs ,
G«al Obligation bOAd= i ' 22,362,068 i 46,683,468, 414,872,350 }
CaNfigatw{of 01►Apetan ' "i 26,473,186
` 2,881,829 314,361
mww 744,314. 2,464,876
ObI
oapkal iaam 241.678 65,283 :
k~ ~ AECUnxdatadunpaidcort~ns.ted ,18d,286 , ~
' ` ; abeartoq 2,688,314 811000 2747,314
1" ` 7bh
jll~
f
9 NMMdbrigtWnibblrla 28,271,)80 447" 87f
IBAM848 12
w ;F 888, 31,~681 ' p r
Y" ..;%r favd rypis
It
UtWL"
n«n rw«we fiord; be,7ob,oob 39.ra5,000 33,706,000.
62 706 ` r
Ob48stion . ~
e } Car►aral0bkpaNe~ bolls 107,862 107,862
r
1
~ Ob4evon ip&-dai
(~AW04~d by ,
tit 1 y/•~~ .-wAyt--
809 672 "
CorilractuN Oblipatior► 447,850 850.682
4?.Ao
426,000
l Certificates of OD
1,383,171 1,135,640 313,686 2.126.126
;,y~ s s c y Oblfpatloen un6r caDhal feasea 881,302 82,237 179,801 743,63A 1
abAmuniAmad uVoid CORV, aced
h 644,18@ 31,561 578,760 1
Noes payable • .
`,t} 56,877,922 681,606 83,728 6>,175,802
rofMpbO!ArfirYlwtd t" 117,383,268 42,418,666 36,214,863 124,:8A,848
Tote) lore"farm 9abrrdu
r
f
.33-
r
.rI~t.
Al
1 e
.I
t
I
I
Notes, City of Denton (Cont:nued)
September 30, 1993
ti
G&wW Awded Debt I
General bonded debt at September 30, 1993, Is comprised of the following:
Amount
Outstanding at
Interest Rate Final Original Amount September 30,
Bonded Debt 1%1 issue Date Maturity of Issue 1993
General Obligation Refunding 7.70 to 8.00 1985 2004 05,171,730 15,1710730
General Obligation 8.40 to 9.40 1987 2007 1,225,000 1,050,000
General Obligation 8.50 to 9.50 lose 1998 1,075,000 900,000
General Obtgation 9.00 to 9.50 1989 1999 1,285,000 11090,000
Gol Obl%OJ*n 5.55 to 8.60 1992 2012 2,83,000 2,830,000
General Obligation 4.85 to 7.60 1993 2013 2,976,000 2,975,000
General Obligation Refunding 3.00 to 6.40 1993 2009 13,315,000 13,315,000
Total Gowal Obggatkn Bonds 27,656,730 27,131i730
Certlflestes of Obligation 6.00 to 9.00 1987 2007 150,000 125,000 f
Certi".os of Obligation 8.00 to 8.00 1987 1997 111001000 500,000
C"I'l ates of Obligation 8.60 to 9.60 1989 1999 1,166,000 300,000
Certificates of Obl'igatkA 8.00 to 9.00 1989 1999 115501000 11050,000 .
Certitloates of Obligation 5.40 to 8.20 1991 1996 310,000 170,000
1992 2007 4,326,000 1,095,6W
Cerdikatee of Ob9patan 4.40 to 7.40
Certificates of Obligation 4.20 to 5.30 1993 2003 1,450,000 1,460,000
Total'Other General Bonded Debt 7,040,000' 4,690,000
Total General Bonded Debt $34,898,730 $31,821,730
'I
Proceeds of general bonded debt are restricted to the uses for which they were 9yproved In
^t t the bond elect". The City Charter expressly prohibits the use of bond proceeds to lurid operdOV
expenses. The, general obligations are collateraiued by the full faith and credit of the City and,
primarily, payable from property taxes.
Advanced Refundhq:
I
In June, 1993, the City Issued $13,315,000 In General Obligation Refunding Bonds to
advance refund portions of prior general obligation bonded debt issues, Inckxling that portioo reported
In the Sanitation and Motor Pool funds, to gain more favorable interest rates. The net OW40 a of
412,952,037 (after payment o' !362,963 in underwriting fees, Insurance and other Issuance coats)
plus an odditionai 4457,914 of the interest and redemption fund monks were used to purchase U.S.
government securities. Those securities were deposited In an Irrevocable trust with an escrow agent
to provide for al future debt service payments on the refunded bonds. As a result, the refunded
bonds ere considered to be defessed and the f ,Itility for those bonds has been removed from the
general long-term debt account group.
The City advance refunded the prior general obligation debt to reduce he total debt service i
payments over the next 20 years by approximately 41,330,000 and to obtain an economic gain (the
difference between the preswit values of the debt service payments on the old and new debt) of
4520,000. The advance refunding fosulted In the recognition of an accounting loss of 141,011 and
19,801 In the Sanitation end Motor Pool funds respectively, for the year ended September 30, 1993,
for the portion of general obligation bonds reported In those funds.
.34.
(
f t
t
Notes, City of Denton (Continued)
September 30, 1993
In 1985, the City (Massed aN general obligation bonds by pUoing the proceeds of new bonds
in an irrevocable trust to provide for all future debt service psymtAts on the old bonds, Accordingy,
the trust account assets and 6abiTitise for the defeased bonds era not inckWed in the City's financial
statements. On September 30, 1993, 423,010,000 of bolds considered defeated are $0
outstand'utg. .
Mrerwa,¢ S&Ws-
Revenue bond debt at September 30, 1993, U commpriseci of the toibwing issuer:
Amount
Outstanding at
Interest We Final Original Amount September 30,
Rewrwe Bonds 1%1 Ism Dote Maturity of issue 1993
4.75 to 9.625 1983 1994 4 25,280,0001 1 1,100,000
U". System
Ut19ty system 9.00 to 12.00 1984 1994 20'1 111
Utility Syster,t 8.00 to 11.00 1964 1994 1,000,000 100,000 j3
c Utility System Refunding 5.00 to 7.00 1987 1956 17,465,45o0 3,056,000
Uft System 6.75 to 9,75 `1 gee 2008 3,500,000 11060,000
4r
Utility System 6.00 to 9,00 1989 2009 20,000,000 11,400,000
oysters 5.80 to 8.75 1992 2014 4,500,000 4,600,000
x~..~
t { {t+' i't' lh 1l 6ystern 8.00 to 7.50 1893 2043 61675,000 8,S75,t500
% Utiky System Refundinv 2.50 to 5.40 1993 2009 27,085,000 27,0851000
f Utility, tystern Refunding 3.65 to 8.70 1993 2007 6,045,000 6,046,000
1131,470,000 6 8217061000
, . t The City has, the option to retire at par ail or a portlon of the bonds, except for the Utility
~r System Revenue Bonds Issued October 25, 1984, prior to maturity on or after Deoarnber 1, 1993.
The bonds issued October 25, 1984, give the City the same option on or after December 1, 1994•
.yap
The revenue bonds are collateralized by the revenue of the Utility System and the various
special funds 0et4WWW by the bond ordinance. The ordinance provides tfat the revenue of the
Systart tit to be used first to pay operatktg and maintenance expense; of the System And second to
r; es1ab61h and maintain the revenue bond funds. Any remaining revenues matt' then bs sued for any E
awful purpose. The ordinance also contains provisions which, among other fte a, restrict the
issuance of add Wonal ravenw bonds uNess the apeclaf funds noted above contain the requked
smoimu end certain financial ratios are met. The City Is in compliance with all significant
rwit*s ow". Below Is a summary of the various restricted wset accounts required by tier bond
onsRnena at of September 30, 1993:
Interest and Sinking Fund 4 9,532,327
Mosove Fund 4,191,119
Emergam, Fund 250,000
Extension and irnprovwwt Fund ..2.2se. 78
116.7~20,6244
•36•
;mom... ..r •
g
Notes, City of Denton (Continued)
September 30, 1993
Assets in these accounts consists of cash and U.S. government securities. Related liabilities
and retained earnings are "follows:
Payable from restricted assets-
Accrued interest 1 1,249,798
Revenue bonds payable, current 4,015,000
Due to other funds 2,756,077 I
Retained earnings reserved for bond retirement 8.700.649
j $16,729,624
In addition, the City has established a reserve fund to pay for General Obligation bonds pledged
by Sanitation revenues of 4354,075.
Advanced Refunding:
In June, 1903, the City issued !33,130,000 in Verity System Revenue Ref undirV Bonds to
advance refund portions of ap prior revenue bonded debt Issues to gain more favorable interest rates.
The net proceeds of 432,566,613 laftw payment of 4583,387 in underwriting fees, Insurance and
other issuence costs) were used to purchase U.S. government securities. Those securities were
deposited in an Irrevocable trust with an escrow agent to provide for as future debt service payments
'on the refunded bonds. As a result, the refunded bonds are considered to be defessed and the iiaba'rty
for those bonds has been removed from the UtNity System.
Although the advance refunding resulted In the recognition of an accounting loss of
12,723,336 for the year ended September 30, 1993, the City in effect reduced its aggregate debt
I { aarvice payments by approximately 03,255,000 over the next 22 years and obtained art economic
gain (the difference between the present values of the old and now debt service payments) of
42,139,000.
In prior yeas, the City defeased revenue bonds by placing the proceeds of new bonds In an
Irrevocable trust to provide for all future debt service payments on the old bonds. Accordingly, the ,
trust account assets and liabilities for the Massed bonds are not included in the City's financial
statements. On September 30, 1993, 459,965,000 of bonds considered defessed we still I
outat"ng.
How hyabb
in 1980 the City and the City of Deltas contracted with the Corp of Engineers for the
construction and development of Ray Roberts Reservoir In Denton County. In contracts with the Corp j
of Enpkteers, the City will pay for twenty-six (26%) per cent of the estimated water storage rights
of the reservoir. Water obtained from the Reservoir win be pro rate on the basis of 'each city's
proportional share of total construction cost. The dosing of the darn was completed In 1987 with
water being available from the Reservoir In 1989. The City's estimated total cost of water storage
rights at September 30, 1993, was 458,841,279. Of this amount the City's estimated cost for
present demand Is 430,597,465. The amount allocated to the storage for present demand than be
paid in fifty (50) consecutive annual Installments, the first of which was due and payable within thirty
(30) days after the City was notified by the contracting officer that the project was completed and
operational for water supply purposes. Annual installments are due and payable In October.
' t'51
The project investment cost allocated for the remaining portion of the storage space provided
in Ray Roberts Reservoir for future use to currently estimated at 428,243,814 on the basis of cost
-36-
{
sr•. w~
r
Notes, City of Denton (Continued)
September 30, 1993
's
presented, and the basis of cost at September 30, 1993. No principal or khterest payment with
respect to this storage for future water supply Is required to be made during the first ten (10) years
followkp the date the project is operational for water supply purposes unless aq or a portion of such
storage is avid for purposes of withdrawal of water from or transfer of water Into Ray floberts
Reservoir during this period. When any portion of the storage for future water supply is used, the
amount of the project Investment cost Oocated thereto: plus interest applicable to such portion as
provided, will be due'and payable on the date of the first woc of such potion. The said amount due
shall be pad within the life of the project and not to exceed fifty (50) consecutive annual payments,
The Cky is also responsible for twenty-six 428%) per rent of the cost of any major capital replacement
4 facilities required. The City will also be required to pay the government twenty-six (28%) par cont
1 of the avKml experienced operation and maintenanoe costs for specific water supply focilitles at the
Reservok. i,
Aggregate maturities of the W*term debt (principal and Interest) for the years subsequent {
to &nptamber 30, 1993, we as follows:
E
' bonds
General 1I
Fiecai Year Obligation ReverWe Notes Payable COW Leases TOW d
I t99a $ 6,693,879 1 7,592,696 12,181,075 4 320,713 t 16,778,382
1986 6,106,164 71644,141 2,181,076 320,713 16,151.083
1996 4,730,087 7,337,911 2,141,076 294,968 1416441031 i
1997: 4,228,060 6,939,270 2,181,05 104,978 13,453,381 l
1908 3,881,232 6,466,770 2,181,076 16,339 12,314,418 !
1909.2003 14,619,941 26,509,701 21,410,695 15,339 62,466,676
2064.2008 6.391,999 20.458.668 21,410,695 48,262,262 E
2009.2013 1,090,436 8,216,848 21,410,596 31,610,878
20541018 1,148,625 21,410,606 22,658,720
2019-2047 106,652,820 106,662,820 I
Total principal 48,310,787 92,204,629 203,200,576 1,072,038 342,788,029
and merest
Us! applicabi
mated (14,489,057) 120,499,629) (:46,024,7731 (142,104) 090,165,663)
Total Pwipal ,8 1 73Q, 62 000 : ` a7'ti 60 "a 8211 111
1
r
Iords Autbafsad and flntssued 1
Geneal obligations bonds suftdz6d but unissued as of September 30, 1993, amounted to ;
45,357,000. When Issued, the proceeds will be allocated to the applicable Capital Projects Funds.
(5) LEASES
Leases payable represent the remaining principal amounts payable under lease purchase
agreennents for the acquisition of vehicles, copier equipment, computer hardware and other
1 equipment. These leases are recorded as capital leases. The vehicles, copier 6quipmalt and the
i WOW vehicles are recorded In the Proprietary Fund Types, and the computer hardware and other
PAftwining t re&(a recorded In the General Fixed Assets quirements InchrdiN Interest, under and
learn a as follows-
-37.
r
Notes, City of Denton (Continued)
September 30, 1993
General
Prbpdetary Long-Term
Year Fund Types Uabilities f
1994 4 246,798 4 73,917
1995 246,796 73,9f7 ,
1998 240,058 54,900
1997 98,227 8,749 i
1998 15,339 .
,
1999 15,339 _
860,555 211,483
Less • Applicable Interest (116,917) (25, 87)
Net Present Value; ,4,838`sP~.,.'
l6) PENSION PLANS
Texas Municipal Retirement Ilan:
than Dosd~(oNotr-
The city provides pension benefits for all of its full-time employees (except firefighters) through j
a nontraditional, joint contributory, deiiined contribution plan In the state-wide Texas Municipal
fietirwnent System (TMRSh one of over 613 administered by TMRS, an agent multiple-employer public
amployee retirement system. it is the opinion of the TM RS management that the plans In TMRS ere i
substandstly defined contribution plans, but they have elected to provide additional voluntary
0. SUM to help foster s better understanding of some of the riontradttionat chorMorlstics of the
1 plan.
E Benefits depend upon the sum of tM employee's contributions to the pion, with Interest, and
the city financed monetary credits, with interest. At the date the plan began, the city granted
monetary credits for service rendered before the plan began of a theoretical amount equal to two
times what would have been contributed by the employee, with Interest, prior to establishment of the
plan. Monetary credits for service since the pion began are a percent (200%) of the employst's
accumulated contributions. In addition, the city cwt grant as often as annually another type of
monetary credit referred to as an updated service credit which Is a theoretical, amount which, when
added to the employee's accumulated contributions and the monetary credits for service since the plan
began, would be the total monetary credits and employee contributions accumulated whh interest M
the current ernployet contribution rate and city matching percent had always been in existence and
If the ~p1oyN'e aolary had always been the average of his satiory in the toot three yeah that are one
year before the effective date. At tetirement, the benefit is calculated as if the sum of the employee's
accumulated contributions with Interest and the employer-financed monetary credits with Interest
were used to purchase an annuity.
Members can retire at ages 80 and above with 10 or more years of service or with 25 years
of serviaa regtrdlest of W. The plan also provides death and disability benefits. A member Is vested '
aher ten ywts, but he must Nava his accumulated contnUtions in the plan. If a member withdraws
No own money, he Is not entitNd to the employer-financed monetary cracNts, even M he was vu_ led.
The plan provisions are adopted by the governing body of the city, within the options svollebie in the
state statutes governing WAS and within the actuarial constraints also In the statutes.
.38-
j S .
, CigX
ran .;i
r
F
e
Notes, City of Denton (Continued)
September 30, 1993
Conbtbudons- .
The contribution rate for the employees is 5%, and the city matching percent Is currently
200%, both as adopted by the governing body of the city. Under the state law governing TMRS, the
city contribution rate is annually determined by the actuary. This rate consists of the normal cost
contribution rate and the prior service contribution rate, both of which are calculated to be a level
percent of payroll from year to year. The normal cost contribution rate finances the currently accruing
monetary credits due to city matching percent, which are the obligation of the city as of an
employee's retirement date, not at the time the employee's contributions are made. The normal frost
contribution rate is the actuadalty determined percent of payroll necessary to satisfy the obligation of
the city to each employee at the time his retirement becomes effective. The prior service contribution
rote amort,2es the unfunded actuarial liability over the remainder of the plan's 25-year smortization
j period. When the city periodically adopts updated service credits and increases in annuities in effect,
I the Increased unfunded Actuarial liability Is to be amortized over a new 26-year period. Currently, the
unfunded ectutrial liability Is being amortized over the 25-year period which began January, 1993.
The unit credit actuarial cost method is usad for determining the city contribution rate. Contributions
are made monthly by both the employees and the city. Since the city needs to know Its contribution
I rate in advance to budget for It, there is a one-yosr lag between the actuarial valuation that Is the
f basis for the rate and the calendar year when the rate goes Into effect.
The city's total payroll It fiscal year 1993 was 128,219,958 and the city's contrAmlons were
based on a payroll of 121,89$,750. Both the city and the covered employees m*ds the required
fl eonWbutlons, amounting to 11,148,207 (5.54% of covered payroll for the months In calendar year
' n 1992, 1273,837 or 4.57% normal cost plus 158,081 or 0.97% to amortize the unfunded actuarial
liability, and 5.12% for the months In calendar year 1993, 1898,782 or 4.38% normal cost plus 1
1117,727 or 0.74% to amortize the unfunded actuaria( liability) for tht city and 11,094,838 (50A) for
the employees. The city adopted changes In the plan since the previous actuarial valuation, which
had the effect of incresaing the city's contribution rate for 1993 by 0.04% of payroll. There were
no rolated•party transactions.
wrdWW Status and ftgmss. }
Even though the substance of the city's plan Is not to provide a defined benefit In some form,
some additional voluntary disclosure Is appropriate due to the nontraditional nature of the defined
contribution plan which had an initial unfunded pension benefit obligation due to the monetary credits
granted by the city for services rendered before the plan began and whiff can have additions to the
unfunded pension benefit obligation through the periodic adoption of Increases in benefit credits and
benefits. Statement No. 5 of the Governmental Accounting Standards Board (GASS 5) defines
pension benefit obligation as a standardized disclosure measure of the actuarial present value of
pension benefits, adjusted for the effects of projected salary increases, estimated to be payable In the
future as a result of employee service to date. The measure is intended to help users assess the
funding status of public employee pension plans, assess progress made In accumulating sufficient
assets to pay benefits when due, and make comparisons among public employee pension plans.
The pension benefit obligation shown below is similar in nature to the standardized disclosure
measure required by GASS 5 for defined banerit plans except that there is no need to project salary
Increases since the benefit credits earned for service to date are not dependent upon future salaries.
The calculstbns were made as pert of the annual actuarial valuation as of December M. 1992.
Because of the moneypurchese nature of the plan, the Interest rite assumption, currently 9.6% per
year, does not have as much impact on the result* as it does for a defined bansfit plan. Market value
of assets Is not determined fir each city's plan, but the market value of assets for WAS as a whole
was 112.3% of book value as of December 31, 1992.
.31-
I
Irllt.9q
Notes, City of Denton (Continued)
September 30, 1993
~!3
i hosts" as"eet oboe *n
Anmitents wrtentltr welvim bensfrts 4 2,49a,26a
Ts"bulod *ffvwfsee 1,244,621
Current sM*V*"
i krAn -4 mu%Wdslocat veested eernkw 10,709,600
' Emptoyor-fins 4W vsated I i'oss'so6
{ Empbyw-fi wnorad nonravted 3,370,4911
Total 28,911,481 E
Net A"M AveMb for lowks, at 9004 Yabs 29.07 j
VahwAol harisrt lertela Obloodw, . E'
The book value of assets to amortized cost for fonds and original cost for short-term seouritl9s
and stocks. The actuarial assumptions used to compute tivl actilariaify ddtsimined city contrt'butlon
rate are the same as thole used to winputs the pension bent;;: obligation. the numbers above reflect
the adoption of changes in the plan Ave the previous actuarial vokwilon, which had the effect of
Inc aWrig'the pookirl benefit obligation by 4175,893.
TiwdAnlbrmlEton ;
lbt Yer IOetarlasd Trwtd Inforxtettc" _
` Deeember 31, December 31, December 91, Decombw 31, December 31, December 31,
1 Year ErWed loll _ 19ae loss 1000 1991 1902
1111 Not A+Hta
Aval" fa
11."epts, 114,643,699 114,146,080 110,633,114 110,346,611 121,908,618 126,071,409
Perris" ""fit
Obl9etfon 113,686,301 116,639,647 /10,311,311 122,636,640 124,046,432 1126,911,481
Pojantps Funded 86.20A 46.0% 1143% 96.6% $8.1% 86.7%
urdunaed, l4rnhrt
Mnifk ObApatlon "'t 2,011,613 1 2,492,111417 1 2,401,204 $ 6,191.320 / 2,976,706 6 3,640.072
Amult Cov«rd i
PsyO 116,636,0311 /18,146,919 118,947,618 1121,120,188 121,443,097 121,8911,760 }
Unfunded tension !
Benefit Obipetkw
as r Perosntops
of Col sw
Poyrol 12.2% 13.7% 14.2% 16.1% 13.0% 17.6%
i
City Cafibutbn
to TMAS d 8£6,976 1 068,006 il 1,020,272 11 1,076,636 $1,158,036 9 1,146,207
AvwW City Me 6.0% 3.3% 6.4% 6.11% 6.4% 6.2%
t
Tr6nd information prior to 1987 is not available. Ten Veer trend inform.'tion will not be shown
separately wtt9 four yews of additional data have been accumulated.
Fleornan's R*W and Retirmlent Plan:
The City provIM pension benefits for all CM Service employees of the Fire Department
through • defined contribution plan. The Board of Trustees of tN Denton Fireman's Aekf and
ftetinrnant Fdnd is the Wrygnistrotor for the ponsbn plan. The Ponalon plan Is not conskfered a pert
Of the City of Denton amity. In a detlned contribution plan, benefits depend solely on smounts
contributed to tho p; in plus Investment earnings. Fire employees we required to become a mernber
as a condition of employment. An employee becorim fully vested after 20 years of credited service.
i
'40' 1
i
f
r
rdotes, City of Denton (Continued) ,
September 30, 1993
N
Crt'Y contributions for, and Interest forfeited by, employees who leave employment before vesting are
s.
redistributed to plan participants.
The City's total Fire Department portion of payroll in fiscal year 1993 was !3,765,687. Both
the City and the covered employees made the required ccntrbution (9.0% for 1992 and 1993), s
amounting to $321,745 from each source or $843,460 In total,
(7) DEFERRED COMPENSATION PLAN
The City offers its employees a deferred xrnpermtion plan created in aw .'anve with Internal
'
Revenue Cade Section 457. The plan, available to all pinlanent Ciro empbyet.a, permits them to
defer, until future years, up to 26% of annuai gross earnings not to exceed 4,66. The deferred l t
oompenaatlon is not available to employees until termination, rethement, death, or unforeseeable
t y I Y
1 W„Y`•vAlll amounts of compensation deterred under the plan, ad property and rights purchased with j
f those amounts, and all income attrWabt# to those amounts, property, or dghtt are {until paid or
made available to the employee or other beneficiary) so(e1'y the property and rights of the City (without {
being restricted to the provisions of benefits under the plan), subject only to the aa'ms of the Citys
general creditors. Participants' dots under' the plan are equal to those of general creditors of the City
r, In an amount equal to the fete market value of the deferrad account for each participar t, lnvestnw to
(Pr{marily cash and cash 4quhralents) M the deferred compensation plan are recorded i t market value. E
It is the opinion of the City's legat counsel that d,e City has no liability for bases under the j
plan but does have the duty of due care that would be required of an ordinary pwdent irwwc r. The a ;
i I many ent Of the City ves that it is unlikely that it will use the assets to satisfy tM claims of ;
i generditore it this t
I
18) SELF-INSURANCE PLAN
The City has established a self-insurance plan for workers' compensation benefits and general i I
liabiii. Accrued claims 04'to Include provisions for claims reported and clakhs incun`ed but not i
reported. The provisions for reported claims Is determ`aied by estimating the iirriount willch WIN
t ultimately be paid each claimant, The provision for claims Incurred but not yet reported Is eat mated f
based on the City & txperiertice.
The costs a.wdited with the self-insurance plan are reported as intedvnd transactions. t
Accordingly, they are treated as operating revenues of the Expendable Trust fun! and uperattnp
l expenditures (expenses) of the other funds.
I
1 (9) COMMITMENTS AND CONTINGENCIES
i
i Agreement with TWA.
' in 1978, the City, along with the cities of Bryan, Cxeawitle and Garland, Texas (the'CId"o} `
entered into a Power Salsa Contract with the Texas Municipal Power Agency (TMPA}. TMPi. was
t created through concurrent ordinances of the Cites and Is governed by a Board of Dlrectorl caul .tft
of eight members, two appointed by the governing Cody of each city. Under the tame of the
d •41. ~i I
i
l
. 999
Notes, City of Denton (Continued)
September 30, 1993
agreement, TMPA agreed to constrict or acquire electric generating plants to supply energy and
power to the Cities for a period of not less then 35 years. The Cities in turn agreed to purchase so
' l future power and energy requirements in excess of the amounts generated by their systems from ii
TMPA at prices Intended to cover oparating costs and retirement of debt, In the event that revenues j
are WvOk-lent to tovwr all costs end retire the outstsnQinp debt, each of the Cities has guaranteed
a portion of the unpaid debt based, generally, upon its pro rata share of the energy delivered to
consumers In the prior operating year.
I As of September 30,1993, total TMFA debt outstanding was approximately 011178,000,060,
t and the ClWs guaranteed percentage Is approximately 2246. in the opinion of management, the
pJaaibTityof a material payment under this guarantee Is remote in that TMPA is generating operating
and assets exrxed aabilities.'
profits.
TMPA operates a 390 megawatt lignite-fueled generating plant. Should TMPA be dissolved,
each City would be entitled to on undivided interest In the property.
Selected finenclat statement Information of TMPA Is as follows:
~ (Unaudited)
1002
' 1993
a Owsl (000's)
' operating PavMi = 173,700 ; 168,719
107,527 107,465
. oyieeret&+9 8zpenuia
f. 68,182 Bt,254
Oprating, Income '
I , t)ti-,:r NonoPerstkW Sources (Uses) 61,739 891580
71,407
< 1 + Current Assets 60,601
1,411,088 1,440,016
Total Asabta
LonrTarm Debt 1,321022 1,353,126
Tots! Llebistlea 1,378,167 1.416,521
32,921 23,49b
Tots! Equhy
AV*~t wfab CltY of WMsa
l
During 1985, the City entered Into an agreement with the City of Dallas which provides for
the purchase of a minimum of 600,000 gallons/day of untreated water from the City of Dallas from i
lake Lawtsvilk. This contract will be effective for 30 years. }
P
Lhlpatlnn-
Various claims and lawsuits are pending against the City. In the opinion of City management
and (pal counsel, the potential loess, after insurance coverage, on all claims wM not have s material
effect on the Cky'a fimMelat position as of September 30, 1993.
f.
f'?
,i
Y
i
a
I
"Owl
..n. w'r lent .,.r.. . i. „.r ,ter r . r. r... rs.. .
Notes, City of Denton (Continued)
September 30, 1983
(10) SEGMENT INFORMATION FOR EMRPttISE FUNDS
Segment Information for the vast ended September 30, 1993, was as follows:
UtMty System 98nitetion Fund Total
Op6r**v Revenue /8.0-,305,207 / 4,637,988 / 88,843,176
r . `f5eprectatbn
7,183,085 257,999 7,441,084
it I L ry 1 y i! r
Operating .ome 14,388,275 025,860 15,314,135
f
y Operating Treniters Out 7,280,482 419,352 7,8'98,83.4
Net Incom before Extraordinary
4,988,865 603,791 5,480,438 E
Carnim Capital Contrvxn; ns: ;
In aid of conetwon 1,152,498 1,162,498 '
Accounts POMMIv" ,
r
r ; Acoovnts'rec0v",'Oross 1x2,111,802 12,~1~1,802
AMowrroeforukvilectRAss 5,761,620 5,161,620 `
Accainta reoiht", net ' 6,349,982 ~8;349A82
Property, Plant and Equipment
A* tioru t6,323,010 131,127 , 148
10.41 l ~rt /~f
Total Assets 260,771,587 2,671,069 262,442,645
„ ! r Net WorkirrA Capital 40,639,821 278, 749 40,818,670 r
" ± eonda Peyable° y 82,7'66,000 850,682 83,555,662
Notei ply" 51,175,802 570175,802. 1
Total Equity 111,845,83$ 168,635 112,604,273
k`1 r
TN 05,850,000 advance from the Elmric System to the Water and Sewer System is a
" 4i'wniomsd In the combinod Ut r
irrty System tinanclal statements. ,
r }
B
, r
sf Jail -43. .a
r
y r ~rr . n...r•• r,,Yr:.rvI rvl~ Y } .fig. i ..i - . i C R 2 ).fin'..
4 r N
Syr Ekt Ras ,7 Z~aN:
w
01
. t
. r.
sum; w , _ ~ P a
Notes. City of Denton (Continued)
' September 30, 1993
(11) INDIVIDUAL FUND DISCLOSURES
"F indlviddal fund disclosures as of and for the year ended SeptembW 30, 1993, are as follow(:
n
Interfund Receive" WW Payablst:
} NM Fund
.trod
R a MRrKfurd Pe.Ela E"Fm vfior4V
+nd ie~lvhiW
1 ),00!,213 1101,113 1
0wwrrWnd
4WW t { ° kw~ Wndo: 3 161
ofvrop ii fw Mock orb M 3,000
231 23,211
P tloenratan ~ 13,(42(
Cftf" ,Jades 21,917
artily FOWNf 63,006
oeMr 3o,e7e
~a
t Dot Skda 85,S70
GpIW Pro)oot Furdn ,
17.888 42,117
Nrrors r,q,ovtn»M 26,101 {
1.462 031,2/1 x
ConMnadontr0)•ob ,
r
hoJoeto 376.394
e ,.t r;' U1111g1lYdon+ 7,222,263 8,391,484
404,203 101,424
W Caput 30.013
2{sta~Fbol 144,614 230,783 • ~
1 r ' ~ '~nie! rin406dy Wnde: `
t taM~lII ?nrM 64,071
' 3 ' ~ ' , Atwrl • Payroll 6699 Iu
f~w
r=` (12)" C0kTR BVMD CAPITAL
bwkV fiscal year 1992.1993, contributed C%*&l dwoped by the fokwinp amounts:
Enworl" fun& W&M SNVW Funds (1)
d s;
a Utility System Total Motor Pool total
1
6epinninp balance • October 1 $17,438,349 1785,127 1785,127
ContrbAlon6 from customers 142,051 180,823 180,8230
x } % ' Contributions from drMopsrs 1,010,447 0
Depreciation (1,733,934) (358,628) (368,628)
- - ,r'
118,858,913 1807,322 1807,322
, -•x>
f ,Ji rs-.
0) The Working Capital Fund had no activity in contributed capital for the year ended ry
Swwnnber 30 1993.
TIM A.4{,T y,•V, :t, iv
E
4 w rFi~ yy F4 "l~sl' }f
,.rL2 i 3' ' r E ? a F~~~`t~y kr I-,~ r r
. ~ ~ ~tiiwf++mat, M_, ~ ~13a ~r~ w.~A'3 +.F. . ~ ~ t.. i ~r N' ,tf~A~~,A ~ +"~t r. '~~P~!`•nrr..tr ~'p.
ifa
r
t. a y
at r ~y,
4 4
Myr 9~ yt ' I r ~ 1 , ""~~r~.' ' ~ J _,.'~I,^/ ~•~r~'IyI~ ~ , u
qq ~ I
s
000
E
P,r~4, rye 9 F-~
~ sit
pe 1fV
,
p, F Y
~ "r I s
+ )rT
.s r
4(•.+r i' ~ ~,y~.~a~wA~t~%r:ir'~v!?k~?~TSi~B~~'~'~ra~~+~1`~k.~iv~bi+,~F~4+~kas~!r9~'' t,.
td + i ' 1'.
e
1
fir; re v•.
CITY Of DENTON, TEXAS
SUMMARY OF SPECIAL REVENUE FUNDS
FOR THE FISCAL. YEAR ENDED SEPTEMBER 30, 1995
,
arr t,'fCDIQ1 • to axount for Ow operations of pfojacta,utl4kv
C0"a Itlaek Grwt pment 9bck Grant Funds. Such revenues are /estricted to exp0600464 or
specNW pro}eots by the 0"rtmeM of Housing and Urban Development. s
Marrebian • to amount for the revenues and eVwWitvra for the recreation pro~eilte'whlah ire seN•
;r wpponino. AN expendhures wit be reimbursed 100%. Vad" b"nass operatioAe, ecieh N ~t
ms, !so Into this account.
C 1 TTff 1
'r' C/mnur ~/1lftY01. to 4< r~us recceiv~edyf~ro~m ti►m State of Tucu cr+rr~nal Juttla Oon
„id'b Vwv~. Dwya .
i
poanlu (Amy yt~o,~ i,A*m for fines, donatWs, memoriam and gifts to the Bbary that are restricted "
Pis YY : ' . 1 , :u k • t+ 6t! ,^f r, '
AM # UnE for mtacellaneoua e;ecial revenue sources whkh are requkW to fManCe ^ ' tW o " ^ .
'
.
.
fir..
1 ~r
r 1.1. ! 1 a Zl.i
a . 44
' as r auWR... .rn,r.r, wiP i . Y0.1s e'iN: AY1...♦ n.. e. .r.
a♦ 'i ' 1 icy ii rl _
CITY OF DENTON, TEXAS
f
{ r S`
Cp(MBININO BALANCE SHEET • ALL SPECIAL REVENUE FUNDS `
819'TEM68ER_$0. 1993
Comnsm
Cdmlnat
Bbi 4 Grot Necroetbn JutNce
4 ANUS
1 34,347 f224,130" '.r
,anlP e J ti?~~~~77~1=i-_e~~f~__JJ~,_,WYIU~ I ! r `
Necehrabtet (flat O) aNOrVIfICN tOf UrlCppef tlb10t1 ' N f
+aX>r;. /1culNd.iMa?tt 23,960 -2.205
1,993
r A y • Oche?•; . 133 ,22,927
qua fr6m 0tn6r,lunde 3.000
' 170,823 24451
II
~ 1 •I 1 ~z . ? ' ~ Du+t born other gbvefrvnunt
NMI
I 1
1 Y t f"
I "'LA
LIABILIT09 AND FUND BALANCE ~ r
1 2fh ' . rI =2._ ~ 18.221 , a ~
4`174,673 1 10+742
` ri~i , X { Accounts payablrJ ana Mccnad ekPerue/ 3,168 23,226 91
Due to ad+li,lrnEt, 4,142 798
O(W gabNtdu 3,048 a
i
Datrrad rwanuea 36,026 4,674
1 x . 42 983 63,019
1 y
1 ~ ; ~ Tetd L1~iliidM 216,904
FOW edW$ 10"y
U 16,836 24,904
A#Wvad fw E,icumWM"
r,reaarwd ' 14,9101 188,669 (3,6421. x ,
1<,926 183,773 13.6421
Tote( Fur! SdMra+! (DOW ~ E% If r l
Total UAW" rid Fund edanca
i r
i
I
7 1 1
I
Canpnheneka A&uW Finandel ROOM _ 1 p[l 1
i
, q ,rr aih .H? tl$ kl tiN•Ir.nht cyryp:w.:nY.,p.,
,
R'r
S
f D x~I + y5r i _ a ,a ~ 1~ v
r, ~y(11~ n~+~it V.r
_.•rr_,.~.T ~ -fir T
' i CITY OF DENTON, TEXAS k
,
Totals
~ • , Emihl F,rrvier AN , r ;
r k L11:40 Dow September 30, 1983 September 30, 1992
e
'{4. ray' r 1
449,068 1 . 688,441 11,198,294 1 877,173
y?' 88,000 88.000 76,000
tr . 245 245 239
39 26.033 48,320 20,942
25,678 48,982 63,270
31,446 214,670 440,996 282,342 ; .
[fly l~ rl' 1 .k r'~ ~k.
, li I n
I t
° t." ; 139.410 1 67,09,0 344,144 4 334,628 1
,Fa ,''r , ye:•i' 1' e:.~rA3s006' :a!` 8~,3A4 108,672 I
2.866 6,
;'s18,628 57,126 39,036
f s 42,276 146,635 501,618 460,232 ,
a;~0,94d 12,396 66,086 65,313
.29,473 11,073,144 1,286,934 764,421
40,421 110861642 1,321,020 829,734:: v
1 kt r3 k~`y,
+Cr:
-47.
r
Compnlnnewe Amial FMenoid Now
1` nMr rMri
r
~4 TS rsZl ,y ,iQ
, I C I
4TY OF DENTON, 7EXA8
COMBINING STATEMENT OF REVENUES, EX.MDITURES AND CHANGES IN FUND BALANCES
ALL SPECK REVENUE FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMSER 30, 1993
! ~ Corrvnurrty °4
Development Criminal
Block Grant Re"dw Justice
q i mmuls:
• r' Fees for services X489;624 1
5 k,tareetrevenue '
~ lnterpoverrrnental 768,276 67,923
# t. E MitCelleneoua' 14,283 11,249
YotelMveaws
Go al povemmerK 188.868 `
hrbBC piety 148,420
Pt"o World i
l .
373,790
.
t Nrlu eAd retxution : iC,
i 8;464 16,643 66
t
I
Yaw [%*WNW"
EXCE83 OF REVENUES OVER (UNDER) N
E)(PENDTTt1RE8' 248 89,832 (60,6471
' OTNE11 FINAMM U was (ulE6h
ft6sede bf w*-wm &bt
1 Opks" Yranatea In 80,647 ,
00VO 4 TwWen (Out) (23,300) N
I Tow 0" R wmw $"Oea lum) 123,2001 60,647. ;
{ EkCCe88 OF REVENUES AIo GTNER SOUP:CS
i OVER ((UNDER) t'XPENDITUIIES AM MA
i USES( 248 88,632
FUND BALANCES (WOW) • OotobeN 1 14,880 117,141 13,8421
1 is t.t~C4~a8'((E3~
FUND BALANCES (0EFICIT) • 84 tembar 30 ,
+1 LIZ
f h
j f
04mp**Wva Arnwol Flnenold Report '
u;
n y
i`ll s, r , 1,ry Et y` i+• `I : `e 'i
t'
y
z A',
t CM OF DENTON, TEMS--
t
Totflf
Ym Ended
Emily Fowler Ap '
Library Othu September 30, 1893 September 30, 1992
r.0 145,842 1 34,426 6 549,391 1 684,062
j~ 8,789 3,108 81905 9,094
74,222 704,213 1,622,633 844,404
i tAy 15,974 481,285 526,771 166,886 f) t
78,100 500,931' 1,362,886 734,929
t'1r` 12,176 tE0,e98 16,606 5
462,183 452,183 17.060
28.808 402,8156 407,329
vY
84,102 57.568 161,534 41,031
22
~i (14,286) 162,327 177,693 t3,70e1
1s
%
` 447,346 477.093 1081186
1141,0001. 1184,2001 1232,0001 t
rl
. 276.346 313,893 (123,905) i
(14,205) 438,673 481,288 1237,6141
cr s r $4,666 646,888 829,734 1,067,248
i 4•
a ,
r ' C&"peWWve Anw W Fkws" ROW
r
' i t ~.v. r,,:r.Np".h ,.d IT .,rte.
~'r
tr f-, r ~rl'
air' ' 7
t Yid N~~.~N"Y f~ ~ -
M ~y
CITY OF. DENTON, TEXAS
i
4
f~
'4 # t F 9'
i r
l+
fir ~
rip c f i I ~
F. ~s
r
J p~l YI I . ^a
Y 11 "
r
' jy?
"vLJ'CM1M'M.'
!
444
t
I
s
} CITY OF DENTON, TEXAS_
'w
SUMMARY OF CAPITAL PROJECTS FUNDS .
FOR THE FISCAL YeAR ENDED SEPTEMSER 30, 1993
t~ I l
1
n p
~ka~; ,/ipdvf AnyorovrrnrAf fiwxt AwW • to account for FAA Grant in aid for runway exteri ion and airport
1 1'C~~ I' ~i4I
Ov*W AWwty horde - to aeeount for investing nonreexarrinp funds In Capital plik expan8t4n or
WWovemofs, extraordinary mslntensnce projects, fsclky constriction or other large nonr~IC 01WK
w
projects, funded by operating revenues.
St ekat ImWow mt And - to account for repairs and rehabilitation of city streets funded by grants. am
K
bond procoads. Y .
VA" SOU00 Aaw,"to rocount for paving downtown parking lot to provide parking lot In central
buairSat} district funded by bond proceeds.
. :w e t
Fsrd • to'aCcouttt for major rehabilitation and constructio
funds n of facNid~i funded by
C hoo r'
„
! O#w • to account for rrwaceManeous Capital revenues and expenditures.
p7 tx"~' t:
wr ,
1 . F s ✓
i r•+
' Y'FJ Vii, 4,' i 4i
I
1 4r N • ~
I I ' ! 1
V ,
f Conwelwmtva AwAW Fkw%W Report
y
OJI
r
t
+rt
CITY OF DENTON, TEXAS
COMBINING BALANCE SHEET ^ ALL CAPITAL PROJECTS FUNDS
SEPTEJMMM 30, 1997
Street
AIMS ImpmeffiaM Gard Generd Projects Improvements W Maras Square
Gch NW Qepocltt 1 1.403 i 41,378 4 140,434 , 112,660. ?
44,000 180,000 1,926,000
inv+paur+ents '
peteNsbN4 0"t o10owtnce
fAccnudech~ble''1t 130 16,461
00w receivables 3,867 .
k a
bgud from otrier and 17,898
[ A frortf 8t4k Oo4el ftoml 23,89f3
I ' Tow Meet! MEET
f
,
LU{ILR" AND FUND
I d.
r
UabA&si
AWWA paya to end i
135,8116 1 28,969 4
~ . 0obnrid 6xww"
I
109
4,265
eDk
Y
~a
28,801
Due W Od+erfunda 12,167
Oft WbiStke 8,819 9,361
Oelsttad rev6nuee - W
47,982 70,454 9,480 '
Toaf 1ir61kioa e"
fund fauna :
Reserved for encwbrmnoes 63,642 21,213 5,838
Nowod for aOul
j Phu 110,3121 129,709 2,055,61? 12,600
161101 fund 00w" 43,230 150,922 2,061,456 12,560
Tool LI IM rW f t' Oil
i t Fund IdanOM ,a
J r;F±' III ~ M;l
i. =k 62•
Compr0*Wvo Am W Fburm el Report
C
f
CITY OF DENTON. TEX--------
Totals
`.i. ~CoMtluCtiop [ ~ `
ft*ft Otlwi Sopw*f 30, 1993 SaPtWW 30,1892
I
118,966 1 4,194 i 318,933 1 94,076 _
ry
:.392,613 - 9,641,813 10,031,110
` 84,619 149,429
79,200
22,669 26.458
1.462 376.396 396,744 101.399
258,491 260.387 37.637
6~1
r
I f
rb, , 1 148,486 1607,277 1 620,647 / 1,280,767
p,a 1y,A6T 28,180 50,211 64,888
531,36 672,129 650,339
5< 78,336
~JY ,
TM: 697,604 635,457 1.400,857 2,0T4.14A
s eA,634 4,x40 a~o~s67 1,30,24e
6,909,40} (4471 9,098,428 7,020,454
8,994,936 093 9,287,295 8,339,402 ;
jp t
t Pr!
.63.
C&rW@hdndw Amwd Fkwu d t Mpor1--
J .
.c
r
1 1.
CITY OF DENTON, TEXAS
COMer" STATMENT OF pEVENUES, EXPENDiYURES AND CHANGES IN FUND BALANCES . x 1
ALL CAPITAL PFOJECTS FUNDS
FOR THE FISCAL YEAR ENDED SMWBER 30, 1993
Akport Street
Improvement Grant Gerwal Prowta knprovemom YPdllame 4mre
REVENUES:
tntereat ravenue t 1,357 4 11.044 1 62,707 S '
InurpoverrrY.eMa! 948.398
42,000 86,810
E' tedanewu 949,763 631044 128,617 r
Told PAVWW e
p(PDIDRUREE:
CepitN outlet 988.483 107,020_200,038
e8e,463 187,020 2oo.o3e
y x T*W EVeedtyN
t
0 EXCESS OF PffV ES A
EXPENDITURES 110,7301 1133.9761 171,6191 ;
1Y..
t
OTHM MAW" 6OURCEB
(UNO t
y' procowls of lonpdetm debt
Oper~eGq tr"orl In 17,784 '
Opendnb V"ws (ow
° Told o" PM KO*4
(UM) 17,784 '
i00ro14 -
EXCESS OF REVENUES
Aid SOURCES k.
EXPENDITUP0 AND ,
I,
OTT USES {9481 (133,9781 0116191
FUND BALANCES OctOtW 1 44,178 264,898 2,132,474 12.680 ;
MUND simANCEst • Sepleml•If 3G ;
i
,y.
• e4 •
Co W**oslve Amud f'feenotd Report
B
Cfyy OF DENTON, TEXAS
Tout:
Yew wed e
: ConeUvetion
t< Pro*% Othw September 30,1903 September 30, 1992
` {r;~ 1 392,070 4 - 1 487,178 4 606,063
ti~r 472,263 1,420,649 121,742:
26,006 5,688 138,390 143,634
417,070 477,842 2,026,226 871,429
ji,; ,
1S a 2,672,069 477,788 4,406,417 3,687,604
32,871,088 477,789 4,408.417 3,6.67,604 d b
„
12,165,016) 63 ° (2,370.1911 {2,886,176)
3,280,300 3,289,300 + 3,355,000 E
4
" 17,784 104,104
(91,8011 c'
3,260,300 3,307,084,. ` "3,307,303
1,134,281 63 927,893 381,128
6,880,664 4,140 8,330,402 7,858,274 Q
s
"VI
d
ax
i
,
Cowd*Wv4 AAftW Anw4W Nepaet -
n
,f
. .iii. 1i.
r
}
I
CITY OF DENTON, TEXAS
A 1 yR . .G y
i1
,
.I
I tlN Fit.. ~
ter. ,
~ r
u
i 44
• ' it wr_
+ r.
rat s'
Al
s+,' ire I ~
I
t r . iQ ~ 'r<
...~...~--.-~~+C0~1pfeftMMIW A~wd F%&Wd
~t
Axe
4P f•
Lx
x
` • A. Y. f.A HYwW✓rl wneaYyu ♦vn vr~ n
CITY OF DEWON, TEXAS-_.-
~°r r
rry
r.
is ~ . /n..
161- SUMMARY OF ENTERPRISE FUNDS ;
FOR THE FISCAL YEAR ENDED SEPTEMN R 30, 1098 ~
I{ a immY Oysbhre To account for the provisionof utfhy Nrvioes to tM ru{donta of tM Cky 4 activida
' ~ w JF to provide auoh ae( are I=W tad for in Ws Fund
p`y adir~k~iatretion, Inck)dinp, but no k
operation, maiMenanca, i wift W ratstad debt aerVics: to,
fr -
Sa.Mtetllan - To account for the proviabn'of saltation eirvicn to ti» reetdertta of the City., AN acdvidet
"try to provide ouch "Mm are acwuM6d for in thin Fund, i ,
neaa but no Wta
ncbklnQr dd to
,
r adn~nUuatlon, bpi" tbna, rrlatntonsna, finam*v and ("6d debt "Nice. ,
a 4t~ .I,,
r
~"L t Fr
1 4,
ilk 9 < Y I +
r' 1
1
~1 I, M I L ~ . Pp y'
1 •~Mk/' ,a'r 1 _ I ~ sal:° I ~r j.°. e,i.Y.r
~r
r ~
n ~
I ~r
1
R I f 5~,
s a CC, VMN W 6 AMW Fiftft*i RAW
} n r tfiA ]
V ~ yy
r,
C
4k`
CITY Of OEW(Mo TMS,_ ;,A>
Y QAlJ1FlCE SHEET ' ALL ErfTE NSE FUNDS
i 903
SOTOM 30,
, J
52,806 + 40,31 1,128
Cuh rd dsposits
6,349,982
n
l"f•. `4 Aoopunts. 3,988,347 a
Vow .s+
ift
841.116 h~ t,
t'; Aoon~d k~tNitit 208,146
tigri~,. r.
bow
fund: 6,138,618
DiK fom oftr 1,330,896
yyfldlN Ylry~ntay '
1 { f Iii Bj'
P►t"id itant , 1,118,007
l ~ Y bal" b"d lain OWS
2,870,984
.
C r
'
C R: e!!d 39,168,02Cash . *0"
373,07e
, ty
k*~
A6V*
1,093,036
rs,F Due f fun0~ ,
' 40 otMr funds 460,000
n+> 1 ~2 S'
FbcW +u4ti Im of ad depreeudeN 161,600,7
Tofal ANKH
J
at
I
f,a T. r
`I
1i~y1Y alR t.,(a. . i. I f
V
,xY ~ pp
X3
{ rs , l;ti per
r gr
fe~,tr
Lv,
Comprrh~+dn Annur FMwi6W KNOW r;
,s
,
' a *"row
-
IbM.wIM'n„Y"'•..I . r.s ..rr.e .r "w n en r.
~6F CITY OF DENTON, TEXAS j
;
3 All.
Yi l" iI 7:}";°y
~Y41 r t
th. Tows sa
Ssnlusion $optlmb9~ 30x4003 !!r ! nber 30, 1092 ! l . ,
60J01 / 103,614 0 36,846
r . 661,534 29,979,4J2
` 32,753,707
x 6,340,862 4,744,726 K'
102,673 4,178,920 4,442,831 fr "
2,433 N6,311 617,67E
! rf, ,
' 49,116 367.311 1,161.024
404,202 6,642,120 600,203 ?
sr~} 1,330,10E 11330,806
126 i ;
x° 1,116,007 003,062
f
364,071 3,025,039 3,705,607 '
r
141.169 30,207,902 $2,346,100 `
371.076 E 436,107
y _
,
99
t t ; a 460,C& 6001000
607.602 161,01,674 140,316,612 • _ .
NLj
F Ll
IN,
{fir} r ~ , ti, ~
r
. yl i';..
tto'
h ,
Yap 5 ~ i '
tl rrp, t
Cmw*atWvo AMwd ftwm ld Mpeet
r ,
it
r r
1
CITY OF DENTON, TEXAS
COMO" ENTERMSE FUNDS leontinuedY
ALL
SAWNCg SHM
6EP'fEi SM $0, 1993 t
r
y
a
ilk
L
k IltiStY 6YOtarr~
0 FUND EQUITY
LY5Ti AN . ;
LU60 as
4 6,460,392
AcoouMs P+YsbW and accrued expenses ;
430,146
Accirmuteted ur"Id oompowted absences
1,284,496
r J 4~
r . Payable from MtkUd "ta
526,419
Accounts PeY" and accrued axpensea 609,412 z
' Sr r
Reeuiage WYable
Dub to other funds 3,889,666
' 1,249,788
Ao«wd lntVW
% RtvMue and 2"mi ob,igation bonds Payable 4.016,000
,~x~ t }uhds 4,426,916 ,
vrt~~i „ ' , , 1 Dut t0-other .
~!~x AdveAc4" corn a
10"w oblbadon bones payable
68.696,0M } ..1 k
I RavaKN bonds psyabk 67,176,102
s y Nott iiNN>la 130,915,640 towil*md-- ' -
r y r Ylllld .
, S
` l ConMbl+ted up" ~ 4; 1
14.90
L - from other waicipaft" or povernm", W*$ r"
r '1n sd of corutwctloA ' 23,282,878
i2 1.308,8471
Luc:.kww L*od dW6c>ttl04
eons rlbuted gpitii 18.866,913
' Nat -
f
4 r }tetllMd WlAia r 8,761,649
lwwved for bond retkemeM
13,906,868
P wvdd for cspltat projects
F , mm*vod lot UVW111 retftemsnt
E fUurvsd for wor" capital 2,019,000 a~
5,000,000
b Maennd lot eme ow"
~ 200.000 .
MtNwd for wdK tower ~
62,114,221 s '
Total PAUUW Eami mt -
x ; 111 846 6S6 ~ t~`
Total Fund wy
Tow LMbow and Find 14*1
.10 . €
{ lrtl
, 111
Comprel+wWvt Amutt fNtrldal Report 1
ISE
-CITY OF DENTON, TEXAS
.J
,
. " Total:w
Somudon September 30, 1993 ` September 30, 1992
r
4 967,240 24 7,437,032 4 8,216,597
r 115,086 646,112 517,768
ti .y 1,284,498 1,194,227
826,419 924,101
P ` 609,412 48,788 ;
3.889,668 985,083
7,109 1,2681907 1,506,938
134,867 4,149,657 3,658,660
101,426 4,527,342 1,381,704
480,000 450,000 500,000
718,126 7i6,1z5' 809,871
63,860,000 63.170,000
4 , { 57' 75.802 68.677,922
$ 2,612,423. ",141;438.372 128,687,319
e I
14,903,082 14,903.082
t S t y
• 13,282,878 22,110,160 '
11,309,647► 119.574,0131
16,866,013 17,438,349
• 6,708,640, 13,103,366
1306,855 18,003.047 l .
364,076 - 354,076 208,076
?,000,000 ~ a'
A,ooo.ooo - "
200,000
119614441 81,a IA,781 59,371,640
' 158,635 95,147,360 90,667,318 "
151.835 112,004,273 tOA,126,867,
I
rs x
a
L`Onlpfalw(o s Amw1 Fk*W l Rep4R
i
v
l'
Ili( yy.. . I mho',,, w~:Lyy f.
CITY OF OENTON, TEXAS
e
COM9lNING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS
ALL ENTERPRISE FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMW 30, 1993
I,ti. 4 Wty System Saniutton
omATN0 REV611UE8:
Ebcbic servlee 484,504,128, i
}
water service 13,695,826
Wastewater aervke 7,251,8$4 ,
Chefpaa for aenrica 388,049 4,536,872
Miscellaneous 77,463 102,298
I ToW Oparetkp ma we 85,306,207 4,637,988 a;
OP3OIATM V04 MU'
41,734,620 0
PwG,eaeE yaMa+
Fuel 6,964,270
Purchase of water 82,794
Salsdas" wepes 8,808,411 1,768,440
Mstw4h and sup os 1,203,080, 260,048
Mr,.ianance and repair 2,718,602 514,038
71183,086 257,998 ti
Misce9eneoue 2,222,090 823,586 1
70,916,932 3,712,108
7osal00~ Ex0ft"
n
4,388,276 , 926.860
Opa►edn9 i1CenN
110NOPOATINO RtVWUES BOCPE1d6Ebi:
4,188,088 12,365
khetW expense and fiscal dwoes 18,243,8631 131,9111
f ~ s
DOW (86,6") 142,5201 i
Told Narrapw ad" Rawnwa iEupsnal 12,121,1293 (82,074)
}
`.i krOMMe "too OpsrMMO Trawfan 12,267,144 803,7$4 '
OPfeTIATM TRAI$PEIIS IN (bur]:
Opsto n9 bMNar9 in 68,369 )
Owl" vowars tout) (7,200,4821 8?I {419,352)
Total O/paeln9 Tranafara lOut1 (1,280,492) . 1358,993);
i,.
y Ne/ wrotwtw Nfa913xtrrordYtary ham: 4,988 684 803,791
EXTIIAORONAW ITW: p S,
Loss on ref oft of bonds 12,723,3341 141,0111
2,283,329 462,780 l
Nstlneony k
DeproclWon of fixed assets 1,733,934
$J
&Wmrw with ow* butaa COW kxreaae ki ratairwd ee k0 3,997,282 482,780 1
UTApm Um ms 10CF1CIT1. Oetalar 1 80,991,143 (304,1451
RE1AflW rARIaFIO6 • swov M 30 7,91 GX I'r w11` HARM
•i2' 1
Compral*Wvo Amwl Fi WWW Raporl
I I
I Jr;` 5.41;.
h ~ r r
t
CITY OF DENTON. TEXAS
k
Totak
YW Ended N
September 30, 1923 September 30. 1992
183,728,999
06 128
a 13,006,825 11,442,608 !
7,285,664 8,440,1116
;"`I1 4.901,731 4,365898 C
" ' 89,943,116 !8,082,066
,1' 41,i34,ba20 '41372092
pv;
~•~1~+, '6,969,270 2,,942,985 ~
' ~ ' b2794 id
_10,674,651 10.407.585
y.737
3.332,638 2,607,371 ;
7,44064 7,029,859 ;
3,046.616 ' 1;986,272 r x1
y 74,629040:., 70,82004
r
iF 19314,136 1 66,'012
4,200,423 4,430,529
' + ` 6 276 6641. 16 932.7671 .7 ' ~
''x'36031 ,
(4,163,2051 11,702,041)
13,100,030 13,492,031 _ ry
" ti.
69369 02,981 K`
a 17.69!,9341 (7,146,1301
17,640,4761 17,063,163) ;
6,490,456 6,439,988
f 1s;
(4,764.3471 a.
f
2,126,108 6,4 8,8 {
4r
t a 1,133,934 1,684,240
1,00 042 A 123,106
ti
90,bb1,311, 84,664,210
s 111
Af ' ~ I
5 eovwAwwho AwoA fMw "llr9ort
1 -r~,11i. Pr-
1 y 1sr'..
t`s
i
L
t
1
3
E
~ fir.. ~
CITY OF DENTON, TEXAS - f
COMBINING STATEMENT OF CASH FLOWS • s
ALL ENTIM"SE FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
li
Utility System Saltation
Cash Gaflow" rfrM CPO*** 80d
eceived from om 8 79,624,800 ! 4,305,487
Cash paid to employees for aeMicea 18,777,7311 11,788,78,0) i r
_
Cash paid to suppliers 148,922,406! ($38,522)
OF,
Not oash provldad by apM '
, Cash 9o%" from nonoaphal *Mrdny scd+dda: s ~
" Operating trawars Vast to other funds 17,280,4821 1418,3521
.s t)per.tkq transfers in from other funds 89,369 ~V~II
' Contrg)# M to Fteet fteplscement Fund (133,830) (42,6201 Y !u l
88,285 l
+ ' ! Proceeds from Dow
j Not Cush bow for) "losow a wdvkt" 17,346.027) (402,5131
° Call flows from oallow MW ralated &"no" ec&mn: ~ 1 6
r Con+ributtons Mom developers 148,087 i
Prk+eipala payments on reverwe fronds and contractual I `
s {3,635,0001 1123,5601 :
and fiscal ChM9ee 16,478,084) 133,0681
hww flroouds from leave of teverwe bonda and corwactual
l 6
li
"%cipd payment on notes payable t 03,781 a l
Prkreo psymom on sdvanab to other funds (160,0001 150,0001
paymentreceved on edvsnceto other funds 200,000 I s C
Aoouln'don and construction of fixed Assets (11,737,0021 {131,127! . j ` I
Proceeds from (esue of refuodirq bonds 33,130,000. 488,860 " q
Payments to refundin8 bond escrow spent (33,130,0001 1488,890)
Not ash (uyd furl @WW and tdatad
fMlanay>o aothrldss _(16,058,716) (337,7461
r+ a
Cah Rewe ft m Yw6e** asdvhies: +
t Prom& from sale and maturities of Investment secwides 107,868,146
1111,287,2931 (At0,0001 7
E" 1I Purchase of investment securities
a Interest received on kweetmenu 4,184.5848,922
Nat ouh ptovidad by (used for) Irwetdng acWida 743,446 1800,0781 f
Net irweaes Gfecreasel In cash and Cash epuArslenu 1836,8421 159,da2 L I
,
Cash and cash oquhrattnts October 1 3,650,812 244,821 ~
4 Cas% wd sub •*+rBanta $W&*Sw 30 1,I,1W R
1Continuedl
Canpd,anstvs Annual Fkrsndal RapaA _ l
a..
, f
CITY OF DENTON, TEXAS
Totals
Year Ended
September 30, 1993 Soptembir 30r 1992
i 83,830,081 4 87,8021749
110,648,4971 t10,617,2451 j
~ ~ (4y,763,027) {57,it7,S64)
(7.196,$34) (7,063,1631 }
ati y 69.369 's.
t" (176,380) 1264,4391
r BOSS 9,366
+ , ,S y~t~r 296.2301
(7146,5401 ~s 1401,07 07,468
(6,703 7741
'gypp ~ (8,600,1631
i4 i8,676,000 4,600,000
163,7261 1127,769)
r,. , +tl;.~' a 1200,0001
r' 140,000
(14,806,1101 16,726,6221 I
33,815,660 ;
{33,1115,6001
l tle,ase,brl► (11,67e,e201
s
107,660,145 101,i19,e84
1111,101,293) 1109,623,7391
~wi"r , 4,194,616 4,370,422 }
13,736,8331
158,6321
(678,9001 11,642,3391
.I `t~ 3,606,833 6,347,672 _
is
b
C
a
3 f i A w.
c`
1 A i
CITY OF DENTON, TEXAS
COMBINING STATEMENT OF CASH FLOWS
ALL ENTERPRISE FIENDS (Continued)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
5
1 ~
Wity System ,Sa(wtsNon 1
Meancle~don of wsrorw Op s*v Funds Irw ms to Net Cash
provided by (uW foil OWsting Ac"doe
Operetir+p incorr+8 114,388,270 11925,660.
? Adh,arn nu!
De edotion aven" 7,183,086 457,989
„ Dmwe Onersm) In rectNsbbt (810,997! 67.864
D6"m 0m4m) h due from other funds 15,180,610 1 1400,3361
t% r.,xxaea Mcreca) In k>wontm%s
osftm OnaN1e1, k1 "Imid Items 116
i low"" (Dscreaal in secourKi "Yama 1,850,042 964,888
YterNls M Naaee psysbh!
kasi s IDousm) In'sooumulmted uVolC
30,860 (2,328)
caRf00ngW baMCea
b3"mi k► du1 to other furnds 8,133,884 (103,74i I
Toth 44ir _ 0,435,180 771,338
,r
Else oah KovWsd by ooerodne oodvWn •
r . I
4 I , ,,F
oYY
i r
(o ,
i
Y `
Il
•05• aF.
s C"Wel* wvs AIYwA FVwwW AsflOR ;
r ,Q
<
CITY OF DIPROF(, TEXAS
TOt11i
Yew Ended
SOpte ",30,1903. $80t4mber 30, 1992
416,314,136 $16,266,072
1,094 7,028,869
8643,1431 11,868,8001
16,669,9461 3,387,343
x~ : r < .126 .
2,823,930 11,311,916)
t 4 I r r, t r 3,363
w;r r*; I 26,364, . 9,437
6,030,123 12,638,1691, s x J'
10 210,621 4,913,274
• + r
All
I . is 4 ,.1 1 Iy I
Y~ ) i, 1 i . yes
a I i,
.d7•
I . rl e ~ .y
}
0
-,,CITY OF DENTON, TEXAS ~
1 SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS -
( BUDGET AND ACTUAL • (BUDGET BASISI • ALL ENTERPRISE FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Utility System
Variance I
Favorable r
Budget Actual (Unfsvorsblel
OPERATING REVENUES:
ElecUb service 182,482,853 $64,604,126 1 2,041,273
Water service 12,894,439 13,095,925 201,486
I Wastewater service 7,313,283 7,261,654 (51,809)
Charges for services 248,000 368,049 120,049
Nliacenaneoua 66,791 77,463 10,662
Total OpwNkW Rwawa 82,983,348 85,306,207 2,321,861 I
OPERATING EXPENSES:
Purchased power 43,180,423 41,734,821 1,445,802
Fuel 4,715,187 6,968,880 12,243,8931
Purchase of water 81,260 82,794 8,468
Salarles and wages 9,639,702 6,808,408 1,031,294
Matows and $0948 1,209,205 1,157,698 51,807
r„ MriMenrrnce and repairs 3,319,814 2,417,432 902,382
MisoeNaneow 3,638,650' 2,160,086 1,368,664
.j Capital out* 3,241,370 21809.695 631,675 111
ToW Opwalmo Exprnaee 89,185,681 65,919,474 <s 3,416,107>
OPeadme Inoertre 13,847,786 19,386,733' `6,637,968 ;
**AO EMTINti REVFNU" (EXPEN8Ei):
"w4m revenue 2,229,000 4,188,068 119691"6 1
Lntoisat expanses and liscal charges 16,243,8531 (6,243,5631
Othw 1133,8301 (66,5441 68,286
ToW NwaoaraHng 7levw%M IExos m) (4,148,483) (2,121,1291 2,027,354
,
taoorna sew Operaft Treswasts 9,899,282 17,264,604 7,666,322 i
OMMYNIG TRANOVA NI IOUTk
01wsting trenafsrl in 1
Owsting transfml (ovv 17,280,4821 (7,260,482)
{
Total Oowv*v Trontfws In (Out1 17,280,482) (7,280,482)
4wo WON 1Xt6ora wy lam 20410,800 9,984,122 7,565,322
OffRAO11DNANV ffilN:
Lass from refunding of ponds 12,723,338) 12,723,3381
Net lwwoene 2,418,800 1,260,768 4,841,985
RETAINNO EAMIWGS (WWI - 00obV 1 56,874;447 90,991,463 32,157,018
WAMItD 9AMNOS 100MI • SWdrrbw 30
(M) 61,253,247 98,262,249 38,999,002
K1
ENCUMBRANCES AM CAPITAL OUTLAYS
NET 0 DEPAECUrION 13,288 5241 (3,253,5141
>MQ,AIII440 BIm wo8 (mural) • 8aparnber 30 . Y 0 A.~ .411111.
a CCmprnhaoshe Annual Financial Report
it " J
CITY OF DENTON, TEXAS____
SaNtation Total
Variance. var anu-
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfowwable)
1 1 - $ $82,482,863 $84,504,126 4 2,041,273
12,894,439 13,095,925 201,488
• - 7,313,283 7,281,854 151,809)
4,368,660 4,536,872 179,112 4,802,680 4,901,721 209,161
30,570 102,298 62,728 108,381 170,749 73,386-
4,398,130 4,637,988 241,838 87,370,476 89,043,175 2,643,000 3
• 43,180,423 41,734,821 1,445,602
• - 4,715,167 81968,860 (2,243,603)
• 91,260 82,794. 6,488.
1,712,539 1,766,440 163,901) 11,652,241 10,874,848 077x393;
268,981 248,141 501834 11608,108 1,405,746 102,441,
6031560 611,383 1107,603) 3,823,394 3,029,846 764,619
1 918,998 792,230 124,750 4,455,638 2,942,206 1,61.3,342,
a . 138,683 126,616 111067 3,378,053 2,135,311 ~4f,742` q
3,408,771,
` 3,643,818 24,066 72,704,362 68,483,290 8,241,042 I
827,360 1,094,162 2661793 14,075,124 20,470,685 6,804,161
13,000 12,356 16461 2,242,000 4,200,423 1,900,423
(3110111 131,0111 18,276,6641 16,278,604) (42,0201;: 142,6201 1176,360) (108,0841 68.288
Ia1431►" 182,010) (846)
14,209,814) 12,183,2081 2,028,709
765,928 1,032,076 _ 286,148 10,406,210 18,286,080 7,831;47
90,263 50,359 139,904) 09,263 69,359 (391904)
1360,1861 (411,3621 130,167) 17,609,647) (7,666,8341 (30,1611
1260.9021 1369,0031 170,091) (7,070,384)
11,640,476) (70,091)
418,026 872,083 106,057 2,894r628 10,668,205 71781,370
F
• (41,011) (41,011) (2,784,3471 (2,784,347)
F 476,026 631,072 156,048 2,894,828 7,691,066 4,99, 032
11144,086) 1304,1461 242,623 $8,281,479 90,681,316 32,399,030
(70,942) 328,027 397,889 61,182,305 9816791178 37,398,611
1168,292) 1168,202) 13,431,818) 13,431,818)
i N a' 4ti R rs m & ;R ttH . f
J; A
~j' ~~yjr~ ~r ;~trygqyy frgy{}~;'
xfti~4! "b..a,.i kxf~,/x19d4.'if7~
•00•
Cempr"ishe AN" Ph"" Repot!
i
,
1. ,
,
a. Naha r~ ,
{ S
IF T 01
'r" OF DENTON,TEXAS
COM9WiNa BALANCE SHEET - UnLITY SYSTEM '
SEPTEMBER 30, 1993
A68ET8 Electric System wow System
1 62,808 1
pesA end delaute
inwetrsNnte 26,381,235 929,893,
RealvabNe Inet of SWW41 cue for uncoeecdb•►e1 • '
8,349,912 .
f ACCbunts 2,816,791 162.643
AoCnNd IMikest 678,914 2,982
s 46,43a
pq„fd; 161,710
,
r1a,~+ DiNirdh►~Ot6ee}undE' 2,122,890 2,866,642 r~
F tnvomoiy 1,330,895
+ E
1'' + ` bbnd IsW&i6i COW j 418.403 381,914
,a , . ` Ipb1±0 Irwb • 1j163,648d16,4O2 i~
19,388,918 11,i9a,~44, a.
~ ~ , - 1rorNtifNnef - ,
AdOfrild k~te/Mt 120,693 110,754
Due frem ed~u funds 68,772 9b1,2s$
Ammm to 00%0r fun* , 6.300,000 ^
39,918,426 t2,IN,897 t
ftod untt {set of 60&" l W deprect4tlonl "
:.ToWAs N
It ,ti .~I S, T.
i
,
,10, rC&WaImmelwl Am" Ft &UW Repal'r--'-""
1
r T s
1
i
CITY OF DENTON, TEXAS
r
Tot#N for Utlky System
wntew!tw SYStem; Septembet 30. 1993 September 30, 1992
f 4 62,806 1
29.311.128 32,763,797
8.349,982 4,744,726
416,013 31986,547 4,281,807 ,
1.229 843,166 817,676
308,146 1,052,446 1
1,169,086 6,138,618 496,336
r.'
11336,896 1,330,806 }
ti# 116,890 1.118.007 903,062
as i , 822,014 r, 2.6761964 .3,560,612 tr
a.t., y,8720104 Si,10.62,4 32,346,100 3 d'
I ~
~1;7e3 3ya,b7e 436,107
1' 86,677 7,0/3,636 1,666,307
6,300,000 8,600,000
34,670;660 167,60,712 148,460,138
t,A
1
tt S C it
1 .
i CWWW*w hs AMW Fbwo lsl !!spat i +
11•_.~. .r. L. I:..iM 4A. :nl:r v.1 R. p:(,tv wr,,.: «......r . .a u..1. _ Ai
owl
CITY OF DENTON, TE%1►S `
r
COMBINING BALANCE SHEET . UTnM SYSTEM Ontimmd)
SEPTt'A4sf~t 30, 1883. ~ '
Electric System Water System t
LIADIUfiEB AND FUND EOUIfY
i LtabMties: 1 4,694,888 s 1,155,887
E AoopunU payable and WNW expenses 277,728 72,270
l Accumjbted W"Id compensated absences
1,284,49E
Deposit
Foy" from restrSew auett • 10?,511 244,171
Acrounta peyaMe and accrued expenses 18,842 72,805
Ratainape PayabW 1,446,748 8181836
Due to 4t * funds 522,717 384,408
Accrued Interest 2,114,179 1,410,848
p Fssv&mm bads psysEls 3,530,109 667,269
Dw to other funds ,
Advance from ElectRo 17,877,381
24,214,472
9
y' tj RweniM bor►Ci payablra 67,176,802
{ a
wt" pay"
79,860,346
~ 39,118,17+ •
S Total UsbrWO
wCorromsd Capital •
,080 sN
miss or oo 148 b14
From oft rriwk a vernmentel Wu 1,273 611 1 2 ,
,
,
I In aid of oatsbWd"
Lau ecaw tktad ftisclatlor► 1884.8881 15,780,0011
8,388,073 r
821,206
' Net oontribldad ~pital ,
ItFtelMd a~min4a ' 2,696,894
4,203,374
ftWvod for bond WWMOM 2,320,460 7,848,282 ;
r
a ft "Ned for copi"I Oro]"
2,000,000
f wvod for WWII apitaf
e.000,000
lgsarved fa aml 200,000
Ar } t f18Nrved for Water tower 54,24f,732 4,836,458 r
Urwewved 15,278,411
70,791,666 3
a Tobl W" f am,lnpa 71,412511 21,446,484
+ ToW Fund WY '
Tow ush and Fu+d igdH
' f 1
AaftN AnW W Fi *Wd Mapar+
ar't ' ° r t~ Sr.A Sf elA4:w..
T T
1
CITY OF DENTON, TEXAS
Total$ for thuty System
Wastewater System . Septc4ber 30, 1993 September 30, 1992
1 699,867, 4 6,460,392 4 6,174,978
60.147 , 430,146
a " 389,466
1,264,496 1,194,227
r 473,731 826,418' ti
924,101
417,766 600,419 46,788
` 1,601,884 3,869,508 779,918 I
342,676 ' 1,249,735
t r 11606,931
4$,113 4,015,060
3,636,000 -.i
a 3$,644 4,426,916 1,381,701
6.110.000 5,860,000 6,000,000
1_. 1 d 607 $47 16 690 or ;
j
83,170,000
r' I I 76,103' 66 617,122
E
j 2/,790,43 1",773,04p 130,790,020
1
14,860,022
14,803.012: 14,903A12
9.14!,5
0 '43,282,671 72,110,180
f [44,153,9101 121,300411 ' 115,674,8131
9,967,631', 15,151,811 17,438,341
1,901,611,. 117081649 13,103,386
3,939,133 13,906,866 11,003,047
' 2.000.
a 000 o0b
200,000
3,071,034 ' 62,174.221 60,868,060
y i,911,74A` 94,888,726, - 10,901483
11, 718,313 111,145,638 101,401,112
-x
•73•
Cwvwr" M4 Amwl FW&wd NeW
+l..N„i4 PS
i
i
v.
CITY OF DEMON, TEXA4 {
COMBIMN3 SCHEDULE OF REVENUES, EXPETISES AND CHANGES IN WHINED EARNINGS
UTILITY SYSTEM
FOR THE FISCAL MENDED SEPTEMBER 30, 1993
Water System
Electric System
OPERATING IIEVWUES:
Electric service 184,604,126
13,095,926
Water servke
wastewater service 368,049 1
l Charges for servkes 62,189
Misteftn"
Tout Opwatbtig 1levsnues 84,870,175 11,148A94
OPEMTNO EX►N18E5: 40,651,710 604,817
Purchased lowf ' 6,943,246
Fuel 82,794 ;
Purchase of water
4,730,698 2,094,903
Ealaks end wages
t Woftls and suppks 590,585 457,317
1,642,301 701,448
friilntenanod and tWirs
3,614,630 2,120,604 .
14,
1,2-37,016 6211,618 '
14
Mi~ceharrous 6,463,409
} Totat Opwarfn0 K 69.6110,183 _
I 5,369,992' 6,864,696 4<
Op roinO brooms ,
NONOMPATNG kr4muu leap 1 "Sit. 144,041
3,058,894
Inlwestfevenue 11,999,690) (3,307,661)
Inianll oxpsns4 ar+a foal charges 18.274 150,0341 }
i bt?Nr 570 (2,613,6541
I Toni modo oft Mwwwas (ExpenaMl 1.1176,
4A
Oefwe 0pwaeb+0 Transfers 8,534,570 50,94 1 I h
1 lrroonN
OP MATNO TMN'111" IOUT11 a'
14,244,2- 101 11,684,3621, ;
Opws" twofen (00
l Total Op OV TrwAfws (out) 14,246,21 Al (1,064,3631
I 2,200,361 2,386,670
k NN broorna Ileforo Exb ordkWV hem
' pRMA011DM1AMY 1TiMs
t 934 0501
1 ,
Loss on'rNunding of bonds 11,423,e02)
' 660,749 1,441,820
NM moon% ILoa)
Add: DWscUtW of fixed assets 69,736 E83,e79
stored with cou}butod appal
btcrgsl In retained umtnAs 926,466 2,035,2A9' !
89166b,061 13,243,112
.f MEfAWEU KANNWd6.OotobM 1
.1 Il
ambw 30 4 k i `
METAIN£D fAM1W0! eept
•74•
Cameha ,
Anew) FWWQW POW
I'
I I
V}
d, LT
a
4
CITY OF DENTON, TEXAS
Totals fot Utility System
Year Ended
Wastewater System September 30, 1993 September 30, 1992
184,504,120 183,726,992
. 13,096. 11,442,506
7,261,664 7,281,\'4 6.440, 165
. 368,046 647,428
25,284 77,463 57,482
7,286,938 $5,306,207 82,214,582
I
;'`378,093 = 41,734,620 41,372,092
21,025 8,964,270 2,942,965
a.,} . 62,704 1671666
1,9$2,910 8,808,411 8,66$,161 y
185,06
1,203,060 1,034,369
-y''..; `3tl~4,~15"` 2,718,602 2.368,616 ~
1,647,442 7,183,085 8,787,211
463.467 2,222,090 4,069,04
y' '44 #2.3.000 70,018,932 67,400,493 j
,x; ` 2,3ea,A8e 14,388,2)6 14,814,01
345,133 4,188,068 4,431,763
(1,038,4021 18,243,663) 15,863,284)
(65,644) 1249,094)
" (6,63,053). , .12,421,129) ; (1,681,6261 ~
{
1,680,635 12 267,146 13,132,584
(1,370,901) (7,280,4621 (6,787,246)
r
N,370,901) (7,280,182!. 16,7/7,245) f
300,734 4,088,664 6,345,319 1
(364,776) 12,723,3364
166,040 2,263,315 6,345,319
1,090,610 11733,034 1,064,240
10036,471 3,047,962 8,00 .
7,863,270 ! 00,091,483 82,911,904
.79.
ComprsMmNe Amw1 Fkmdal Napat -r--------
• q
4
ifs
CITY OF DENTON, TEXAS
COMBINING SCHEDULE OF CASH FLOWS
UTKt1Y SYSTEM
FISCAL YEAR ENDED SEPTEMBER 30.1993
1
FOR THE
Electric Water Wastewater
System System
System M.~
l
I Cash flows from t-Powsting activities:
$63,093,742 $10,214,582 $6,210,276
Cash received from customers
!4,707,1241 (2,104,7211 (1,966,3881
Cash Dsld to employeas for Services 146,343,6061 1756,641: 178,842
Cash paid to ILW
Not cash prowkW by 00aations
Cash flaws from noncspitd flnandrq ttcdvtda:
Operating transfers out to other funds 14,245,219) (1,884,3821 !1,370,801)
Operating transfer In from other funds
Contributions to Fleet Replacement Fund 162,012! 560,034) (31,784)
58,265
Noceads from other
Net ossob (ow fa) noncaPhsl Mznctn9 (4,228,946) (1,714,398! (1.402,886) i
p
Cash Bows front Capital and related IMWAN sct
n . 10,261
Proceds re6alved f~ ad COPM 6,038 131,710
0,867,1601 (1,242,0201 (425,6201
a lsrirnotpal payments 01 revenue bonds
(2,031,682) (3,428,0831 41,010,4191
fiscal charges
8,676,060
interest and
Proceeds from Icew of revenue Hands
principal 183,7281
nclpal payment. on Notes Payable (160,000)
Principal payment on Advance !ran f7ecb10
Payment received on Advance to other }ands 200,000
A00"on and constn~ of fixed assets (3,826,1681 11,797,656) (9,114,180)
Proceeds from Is" of refunding bonds 18,608,251 12,038,779 4,261,970
1$8,809,2641 (1.2,033,7791 (4,281,8701
Payments to roisding bond escrow agent
Nat oasis WW far) Cephsf tad related 6,138!
666,411 s (7,623,8721 (6,419,7161 14.11
Cash !buss Mont bveWM aodvfdes:
^ Protxne0e from rata and meturltiar of krvat+lent aeaxide$ p74,643,244 8, o0,e361 03 15!,8341 (20,0 6,833)
Purche/e of investment aecnxities 3,011.486 669,824 501,484 '
W*i*t recelved on Investmantc
631,384
Not Cash lsrwmw by Iwad for) hw*41111910006Mee 1439,844) (346,0121 1,
40,,1121, 440,283
t1
Net increase (680811141 M Cash and cash 6001161118
368 06f)) 11,712 A66) 181,761 1 ;
Cash and cash sCdiveI" r)etober 1 ..u_+w ++.ers ~4 :!tali: +3 t u4;si~'d_ 3Y tai;`' 11
Csah anti eaah equlnlarrta Bsptatttber 30
ICantinv$dl
a .78•
compnhanah'e Atmual Financial Raper!
vir
CITY OF DENTON, TEXAS
Tote)
Year Ended
y September 30, 1993 September 30, 1992
79,524,500 i 83,707,724
(8,777,731) 18,668,744)
F (46,922,406) (65,380,9811
a
i' (7,280,481) (6,787,246)
t `
1133,830) 1240,6301
68,285 9,367
' 17,346,0271 (7.018,6081
f . 1~,bs7 97.485
13,~5r000; 13,605:000) E
1,M76,d641 16,724,291)
8,575,000 4,600,000
} 183,7261 {127.1691
t I {160,0001
200,000
(14,737,0021 18,689,1891
. 33,130,000
s (33.130,0001 -
j
a -rr 08,068,7261 (11,448,734)
{ 107,854,145 101,639,884
(111,297,293) (109,745,740)
4, L4.,04. 4,369,646
743M$ (3,737,410)
s. 1936,8121 12,536,6631
3,600,812 8,097,265
M"alm
'r 4
I
Cwwthaahn Annual rk*W d lioport
h
f ;
CITY OF DENTON, TEXA8
COMBINING SCHWJLE OF CASH FLOWS • ~ r
UTILITY SYSTEM (CaTtif"
" FOR TI* FISCAL ENDED ISEPTEMBM 30, 1993
~ p
;X,+
s
1
Electric WSW Wastawater
System System System y ;
ftoo"Nation of UtWy, System Oparatlnp Funds hxama to
Not Cash Provided by (used for) Opwaft Activfdea
Operatirnp worne 1 5,359,992 $ 6,664,595 $2,363,688
Adjustments:.
Depreciation expense 3,514,639 2,120,604 1,647,842
Decrease (Increase) in receivables 1595,8641 11,639 (26,872)
Decrease (Increase) in due from other funds (1,180,5691 12,945,0511 11,043,990)
Decrease (Increase) In inventories
Decrease (Increase) In VO W items 126
Increase (Decrease{ In accounts payable 974,389 1,082,972 (168,319)
increase IDecresse) in lease payable 23,47
Increase (Decrease) In accumulated unpaid
I Compensated abaerncee 23,474 (9.318) 18,524
f Incrust (Decrease) in due to otnw funds 3,945,951 429,254 1,757,659 t
4 Total WPAtr" 8,683,020 ' 690,125 2,063.044
vat oMh prov" by apwaft s>ctivhiaa
A, >Y
+ r , ri
j i
1
76•
Comprehwsh a Anmal Fl wwM Report
N "
CITY OF DEMTON, TEXAS ,
Totals A,
Yar Ended ~
I
September 30, 1993 September 30, 1992
1
114,388,276 114,814,089
7,183,085 8,787,211
t
1810,997) (1,629,400)
15,169,610) 3,122,542
126
1,868,042 11,108,481)
30,480 9,437
6,133,864 12,327,309) )r`
i 9,436,189 41863,910
r
s
t
.79.
I
ComprdwWwe Amwf tins M ReW
7 r
I'i r Ilt
p
i
CITY OF DENTON. TEXAS r t
~
I N.
,s
j
i
t
i
t
r
r
,;7s r
r ~
p ~ SS ` 1r r~{gip
,
B0 .
t
Comp**Uh o A "d Fhww" RlMd - - j
~ r
I
M
{ CITY OF DENTON, TEXAS
4
SUMMARY OF INTERNAL SERVICE FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 4993
rs
i
WarAft CVW fund - to account for the financing of goods and services provided by the Warehouse,
Murtidpal Garage, and Machine Shop to other City departments. Such costs provided by the
Warehouse are billed to the other departments at standard labor charges and cost of-pilrts plus
12%. Municipal Garage snd Machine Shop billings 4xeude labor charges and cost of parts plus i
25%. Actual costs include depreciation on the building, 6nprovements, machinery and equipment
used to provide the service.
i Motor Pool Fund - to account for the purchase of City vehicles not budgeted in other funds. These
vehicles are then leased to other City departments. Monthly charges are equal to the vehicle cost
less salvage value divided by expected life of vehicle.
1 ~
i
f f
Si
1
ComprWwtWvs Amwl FkunoW Rport
ti
d
1
NTON. TEMS t{e
COMBWB'+ 6ALANCE SKEET - ALL INTERNAL SERVICE FUNDS T,
9EPTEgm 30, 1893 '
4
Anus Woddiv Coots! . , Motor Pool }
1 i .1,208,390
j Cash and deposits 81.174
Mvastmasts
Recelvabka • 3,160
14coo is 78,679
Acmed interest 1,476
Other 29,672 127,111
Due from other funds 1.7 12,978
MerahvWM krventory 10,718 176
Prepaid Items i
Restricted assets • 491,672 i
Cash and deposits 270,000 4,770,122
Mvestmwu 387
Accrued Interval. receivable 5,340 17,403
{
Due from other funds 330,735 3,663,414
Fixed assets tnet of accumulated depreeiatioml
Total Assets j-
LfABILff" AND FUND EOUfft1
Lkb*dn' 11,873.737 1 1.408 r N
Aoeotm peyabk and accnbd e><pensee 26,632 7.008 1i
AocAWIdted VOW compemaatad absences j
f , P"sw from rastrlctad siaks . 47,853 20,868 li
Ada MYabk and accrued experaes 127,111
r,
Due othk fir►dt 4,325 38,268
Aawi6d Interest PAY"
8.409 103.872
Due to other funds 87,302 858,338
Laces paywe 107.852
z r.9wFl obrotidn Bonds OsYabk 271.005 1.854.120
Conmctuo w9fi ion
low Llabrties 2,119,363 2,916,421
' Fund 281,391 4,500,224
Contributed eapital
Lestsoeurrxlated dWaC1°ti0't 1281,3911 (3,882,802)
Net Con *A6d Cepitsl 607,322
{
1lel.ained earrtinW
Aeserved for Capital protects 227,387 488,893
4,646,122
Reserved for 1WM replecemera 18,911 1,782,434
' Umssarved
ToW Kd" Eantktpa 243,288 8,924,249
243,298 7,531,671
ToW Fund SWAY
A azw r~ 1 r„
•J ToW lJ9bat1M and Fund y
•82-
OotprshartsNe Amual F4wtolal Report -
i
i
" t
.
I%
v :r
' CITY OF DENTON,1 ERAS e
r FI lip
Totals
5eptemtw 30, 1993 September 30, 1992
` 1,208,390 1 1,866,268
91,174 4,048,658
3.180 2,912
78,079 74,408
1,476
158,783 931,567
1,712,978 1,605,970
10,951
491,672
1 5,040,122
387
22,743 441,667
3,994,139
7J~ +4.336,269
yg~, ~qyy qq (y_. 4 !
it , . .
1,676,146 1 1,487,190 '
31,636 23,131
68,611
127,~i 1.
35,031
42,K83 J-
.Ec
113,061. , 1,486,081, r`
743;836 " 861,342'
107,852
2.126,176 . t.A73.A86 _
5,036,784„ 6.768,020
d I
4,781,816 4,600,792
14,114,2631. 13,816,6185{
807,322 786,127
714.080, 441,857 s '
4,646,122 4,618,036 '
1,808,346 1,897,887
7,161,647 6,756,360
.r.. 7,r7~14,689 7,t40,681
a
Comprehensive Annual Pi Mehl Report
t
f
i
v
i
-CITY OF DENTON. TEXAS • -
COMBO" STATEWNT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS
ALL INTERNAL SERVICE FUNDS
FDA n* FISCAL YEAR ENDED SEPTEMBER 30. 1993
I'LL
r workky Capiw Motor Pool
Ot'EMATNO REVENUES:
0%arges fa goods and services 13,843,501 $1,731,552
18,661
T ` { MisaKeneous
row OperaBng Rwrluos 3,682,162 1,731,562
-
+ OPERATING EXPENSES:
626,580 59,397 ,
Salaries and wages 67 1
Materials and supplies 3,074,233
39,541 1,392
Maintenance and repairs
Depreciation 30,879 1,612,840
223,496 6,013
Misullaneous
Total Oprstin9 Works" 3,994,729 1,879,729
Opsraft Yroor" R.oasl (132,5671 61,823 4
4
NONOPERAT11Nt1 REVENUES (EXPENSESk
Interact revenue 6.888 269.280
kderost expense and fuoal charges (48,8701 1181,8871
(431 137,319.
Other 224 912
ti Toll ""WW" RsvenuM (Evor»sa) 141.2251
t ' 278 735
'
3 992 I.
brooa+t (LOaa! Was 0peratlnp rtanafere
(17 i OPOATINO TMNDFW N PUT): (32,683) 18,3001
OWN* tnnsfars 1e1A1 ,
Told 604101111111111 Trrxfsn (Deal 132.6831 18,3001 . ;
Nat btoowA hots) boors autraordinry kem 1206,$75! 268,436
EXTMORDNARY ITEM:
tots on refunding of bonds (8,6011
1
fW/b~ooena (Loss) (208,4761 20,834,
Add: DeprecWWn of fixed $Me/a eequired 3E8,628
with com uted eaptat
Increase IDecressel In Reuk*d Earnings (206,476) 818,462
RfdANED "Was • Ooldrsr 1 449.773 6,305,787
a
RETANEO MANNOS • COCA& sr 30 ; n g ~ • S
r. I
Compr"slvs Am W FNandd Report Ali
I
i
7
OF DENT6N,
_Crry
r
s Tool:
a Ye6r EndeO
SW~ 30, 1993 September 30.4982
16,575,053 $5,529,884
1,8,681. 20,619
5,693.714. 6.860.513
685,877 627,290
i
3,074,320 2,445,900
i 40,933 44,188
1,843,719 1,144,432
229,509 532,644
5,674.458 4,794,452
180 744) 758,081
214,948 298,127
r 11728,5371 1188,0511
. ' 131,278 69,826. '
r' ' :183,667. 171,304' ;t
r
102,943 927,366. a ;
Y, r,w 140,9631 123,772)
(40,983) 123,7721
01,960 903,693 §
. 1A,eo1t - ;
83,359 903.593
368,828 260,634
411,987 1,164,127
61680 51591,433
l r
s
~r t e
P
so.
Cwnprahenihri Annwl Fkwndoll R@W
■
i
I F
f ,
MY OF DENTON, TEXAS
OF CASH -
FUNDS FLOWS
C0M1fINTERNAL If~l0TAV)CE
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 4 893
Wo(bkg Capital , x
)
Cash Rows hom "Waft wevi ice: 4 4,600,428
i Cash reoovbd from cwtomera (619.453)
Cash paid to emploYees for services {3.652,8981
Cash paid to sUWVI « 427~,T95,w i
t Net cash provided by aMedona i
} Cash Iowa hom nonc OWl financbng *c"": t32.b83! tl
Operating transfers out to other funds {32,6831
Net cash lased fa) eoncaphal ftmn*W ocevi9es - i
Cash flows from capital and related Mandog activiti": 1
Principal payments on contractual obligations (45,624)
p7,9281
Interest and fiscal charges {
Proceeds from issue of contractual obligation
(12,904)
Principal payments under capital lease obligations (26,9361 j
ACQuisitiort and consuuctkm of fixed assets
Proceeds from sale of foxed assets
Proceeds from issue of refueling bonds
4 Payrneots to refunding bond escrow agent (1.-,2,8921
{k Net o8sh {wad fort appal a 4 r"ad Rnanctng acdnhies
Cash flows hom bwaedng sadvitba:
Pro""$ from sale an.{ maturities Lf krveatment secxxidea ; . 1270,000)
Pux:haie of irmestrnent seCUrwei
7.000
c kxtarast received on kwestmenta 12621200),
C'
i* Net dih trrov by Wood for) W"** wdvitisa
Net incroM In cuh and cash expAvataMS q
I Cab sib paah w **m • Oectobw t
4 iraM, sad aaah egA*WA - SsPefx&w 30
uMW Senfce Operstkg Inomw to Net Cash Provldsd W (wad (Or)
~ 1032,5671
OpwatIng income 0MI
/Wlustments: 30,879
Depreciation expense 12471
Decrease (6-vessel in receivables I
Decrease 9ncrease) In due from other funds 738,201
Deueasp Un Not) In inventories (407,0081
Decrease (lncresse) in prepaid$ (60,
406
ktcrease (Decrease) In aecounu MINe 268,406
kraease (Daxxease) in secumulatad txpald compensated absences 7,127 .
increase IDeueael In due tc other funds (386 2441
Total Wlwtments 66*0.34r2
Me each p►wlded by operatkg ac&M"
1
r
M1
1
i
,86, I
CorWehansivs Am" Financial Report - _ t
u
r
arEOOr~
1
CITY OF DENTON. TEXAS
on s
Year Ended
Motor Pool Septo4w 30. 1993 Sepua6v 30, 1992
4 2,186,1163 16,785,689 $.4,520,158
167,3171 (876,770) 1625,2021
1900,257) 144,453,1531 11,809,473!
'k41:d1s8`I64'e~ tea 1.85 ir':
7 ' 3 -Nol W WE
(8,3001 00,983) (23,7721
18,300) (40,9831 (23,7721
)
1740,1851 (786,3091 (745,660)
1173,1001 (221,028) 1188,136)
1,135,700 1,135,700 600,000
(166,997) 079,9011 (106,842)
(1,047,637) 11,074,5731 (801,124)
162,363 162,383 90,699
107,882 107,852 - i
(107,8521 (107,852) 1
'(8391858) 1972,7481 _ 14,151,163!
60804.384 6,804,384 6,422,722
Ilf,B}~9,022) (6,889,0221 18,234,121)
264,801 272,404 298,127
(680.037) 1812,237) 488,728 ' .
1170,2041 1170,2041 1,403,274
1,668,166 - 1,868,268 454,992
111
r 55,823 1 180,7441 4 756,061 j
f
1,612,540 1,643,719 1,144,432 1
(1,4701 (1,722) VAN
465,486 1,193,697 (1,045,7471 - f
- 1107.0091 78,950
(174) (10,950)
t13,9611 264,454 1323,663!
1,080 9,207 2,088
1878,640) (1,244,889) 1,467,980 y
11178,168 1,738,608 1,335,420
1,1,4.214- x 8 iZ 42 37. 'xo
,
rJ
}ll .07.
Conpohsndve Anwsl Fkwndal PtoW---
S
R
.)T
CTTY OF DENTON. TEXAS _
SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS • {
BUDGET AND ACTUAL - (BUDGET BASIS) • ALL INTERNAL SERVICE FUNDS
f"8 THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Wo&ky Wei Fund
Variance-
Favorable s
Budget Actual Nalavorable)
j OPERATING REVENUES:
Charges for goods and services 04,006.125 i 3,643,601 i 1162,8241 I
Miscellaneous 12,000 18,881 8,661 a
Total Operating Revenues 4,018,125 3,862,162 (135,963)
1
OPERAT710 WFNSES:
Salaries and wages 628,829 626,680 2,249
Materials and suppl'Ks 3,481,563 1,339,785 2,141,778
Maintenance and repairs 51,059 38,782 1,,277 s
Miscellaneous 261,806 193,182 68,646
Capital outlay 10,000 7,193 2,807
Total Operaft Expenses 4,433,259 2,203,6612 2,229,757
i
Oparaft btcoma (Loss) (415,134) 11658,660 2,073,794 ~q
NONOPERATING REVENUES WENSESI:
Werest mwwe 5,688 61888
Interest expanse and fiscal charges 146,8701 (48,870) i,
OdM►
(431 : (43)
Total Norwareeing Rwanuu [Ex"") (41,226) (41,226)
kbm.s (Lau) lafors Operating Transfers (415,1341 1,817,436 2,032,688
OPERATING TRANSFERS IN (OUT):
Operating transfers (out) 132,883) (32,6831
Total Operating Transfers Im 132,683) 132,6831
Irmome (Lass) Before ExtraorAY►ay Rem (447,817) 1,684,762 2,032,669
EXTRAORDINARY [TPA: }
Lass on refunding of bonds t
Net Income (Lees) (447,817) 1,684,762 2,032,689
RETAINED EARNINGS (DEFICIT) • October 1 11,682,064) 449,773 2,111,82'i I .
RETAINED EARNINGS (DEFICIT) - SW&nbw 30
(Budget Bab) (2,109,871) 2,034,525 4,144,396 !
ENCUMSR4NCES AND CAPITAL OUTLAYS i
NET OF DEPRECIATION iNCLUDED ABOVE 11,791,227) (1,791,2271
RETAINED LARNINGS (DEFICIT) • September 30 f' ' >}`a " „ v#~ ?
low 111481181 N
sit
r+iWlr~iW Ws~a[Ifl~riiraiirCr
88
Comprehensive Annual Financial Report
kYJ.q
w.r,7.~ LiF■
i
:r
eny OF DwoN, TEXAS
Wtor Pool Total
Variance- Variance
t` Favorable Favorable
t Budget Actual (Unfavorable) Budget Actual (Unlwor")
41,624,080 41,731,652 / 107,472 16,830,206 16,576,053 4 (55,152) i
81000 19,0001 18,000 18,661 68t
1,630,080 1,731,662 101,472 5,848,205 5,683,714 (64,491)
60,671 58,397 1,274 889,500 685,977 3,523
300 87 213 3,481,863 1,339,872. 2,141,991
jr 11,800 1,392 10,408 62,859 38,174 24,686 i
' 8,318 8,013 2,303 270,124 199,176 70,948
t
806,807 102,606 704,301 616,807 109,999 707,108 `
;7 4a. 867,894 169,385 718,499 ` 6,321,163. 2,372,897 2,948,266
F. 742,188 1,662 167 810,971 327.064 3.220,817 2.893,766.
t 4 . . `
'Y ~ ~ is r`' s s 289.260 3A9,260 274,848 274,948
,i (17,526) 1181,6871 1114,141) (17,628) 1228,5371 1211,011)
368,180 137,318 1228,8(0) 386,188, 137,276 1229,813)
f ,r 348,682 224,911 (123,961) 348,602 183,866 11641816);
t'i } 1,090,846 1,767,086 696,220 675,714 3,404,503 2,728,769
(8.3w) 19,300) (40,863) 140,8831
. (8,300) 18,300) _r (40,983) 140,983) ,
r a, 1,082,548 1,778,768 696,220 634,731 3,363,520 2,728,789
1 it
18,601) 18,601) (4601) 18,6011
1,082,548 117701187 687,619 834,731 3,354,119 2,720,188
5,406,181 8,305,787 899,606 3,744,127 81766,660 3,011,433
t 8,488,729 8,076,954 1,587,22 1 4,378,850 10,110,479 6,731,621 ~y
s (1,161,706) (1,151,70r[~5) 42,942,932)~~ 6A12,942,9321 i
I
5
I '4
Compafw►aiw Annual FiwnWal ltanort I'.'
' tT
C
R
-fir w
6
_ CITY Of DENTON, TEXAS
Y i
r
l;
+ kl , I }fs
.h
3
Y
r
rr
41 r
}
ti~ ;a c ,t. r
I ,
'pv Fl r ~ is
1 7
'
f Y
1
+
.
jr
r r + 1 4,+,
1 ( }
y
1 i p IJS ~ V
' CpnpldNfnk~ Amwl PilMloir Mpa! ~
T
lpya
Oki*
r
i
CRY OF DENTON, TEXAS
r:
r
r
m SUMMARY OF TRUST AND AGENCY FUNDS
FOR TH19 FISCAL YEAR ENDED SEPTEMBER 30,1993
I F_
141.
.r
I bwwvm* . to tCCOlxlt for axumulation of resourclu for the psyrrbnt of empkyee 6{46iance y
f f • ,
jr
, • cl~ifrlti t►1d (MUItf1G r . (
I a ' ' ' , poSdes: ,I
~IOEAtCV FUNbS _ . n K y~
'
r rsi
h►Irl' to account for the coNection and payment of the City's payroll and t:soclated NtbNhies.
I Ewa. , r
,r beArnd C&wpwwdon • to account for the City employes' Investment In a deferred comparmstion plan,
r e
r
„f
III f a /'i ~ •l r
( C
.
I
r
~ ,4 ( h 14~+
c `-J `.001~f~lYNIYe AMID FY1~Cht ~OA {
4 7
a~}r, t ~ i Fe 4 f
(a ~~ry rj J(,ry~
b
y.wxr~
GTY.OF DEMON, TEXAS ¢q
' COM99WN0 BALANCE SHEET • ALL TRUST AND AGENCY FUNDS
SEF'1'EMSER 30, 1993
,r
V,
,
j{" t ~ E,ipa+daDfe Tnu1 ` ` ~ ~tlu
ASSETS Fwd
Cuff and dsposho i 204,001
.I
` Uwettnrrtti 5,421,087 '
J F~1
staiN
leaf J 96,379 IDOW interest 11,826
Due }Mn101inet }tNtdf 54,671
a ToW Assets
p
VASUM AND FUNDMLANCE p;°p`t~. ' ACe61 'S2,99~ n
Due to ottntr lwids 20
t r,'
lekns payable 974,210
{
T*'Sl UabMt;es 1,027,299 Y'
Fund b WV6 4,760,075
Lly~~~
Js4a , . T,~~ J ~6
p f 9 Ted ~Ywt Fund Balance
r " 1
jl t
y
ff;
,
•12•
' I [Ed' a, 1 J , s~
Antwi fMltiltw
.r
~1 h ~d t~ 1cr^h4f ° i 6I„~1t
I
_CITY OF DENTON, TEXAS
«,f r Totals ` i
Apeneti FW& September 30x1893 September 30,1092
12,609,646 12,713,646 12,601,222
p 6,421,067 6,986,602 Y
96,379 94,387
'
4,136 18,9x3 131,462
0,761 60,832: 34,163
12,619,623 12,672,622 13,642,667
639 368 .
1 974,270 876,262
2,620,442 3,647,73f 4,618,298
4,760,076 °4,288,608
r 4 ~rE r
1 ,Y. ,sv'1~ S
ffi~,r, V,', Y •
~ •!0.i
41 1
1
Kra. I'A !
:LC i+
.a
r
CanpraAanNva A"d FYwwW ROW
S
r
_CITY OF DENTON, TEXAS
STATfAIENT OF CHANGES IN ASSETS AND LWNUTIES • ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
October t, 1992
4 , ~ tAYRbtr< r!iV0 j,
A t S
cash end depoe?ta /tat 14,496 ;
Do& recdvsbiee 03E
265948
` •Due from othef lundt
` M." I I Tet+lAeeea
LtA1KlflE6
Accounts peyebk 11.144,289 f'E'
Due td oO* fundt 285 °
, Total LM~tiee ; a
✓ d , vowb4lDJ coeMBN>lb17108f mw
A11ET1,
Cash end deposits 11,184,113
TeW Awaft
r I
U&SKITIE1
C ,
Accoob psymW • due to pbti;i" 11,164,913
TOW UAW"
TOW AGVXVA M01 r
n « ASSETS
Cash *Ad depo6te 12,269,408
Odw toodlotlei 4,13E
Due from other fuAde 28,948
fy
Tod MtM1~~~ E
f •i
UAIWTU
¢c' AooWft peyebN 12,219,202
Do to other fume 287
TOUT Usum"
~I Y =
i
• 14
n
j
1' I
i
Comomhown AAMW Fwamw Report
. {l
1
1 ,
r# 5 +h ly k r - I ~ ~ A , ` Nrt •Vi
p 1
t
how]
CITY OF DENTON, TEXAS
F 8elar~
AQE'Norks Deduct w September 30. 1993
$49,799,964 $49,967,668 4 948.813
278.488 278,488 4,136
81761 28,945 6,761
$ a.
sv"
120,763,710 $20,941,108 1 966,891
b :'a 818 287 819
' t
418,378 1 18,669 , 11,662,732
4 ..4 1 426,378 1 18,669 $1,682,732
$60,226,362 $49,988,226
276,488 278,488 4,138 3
81781 25,945 8,761 1
. • 1
MIKA
$21080.084 120,959,567 $2,519,623 j
h~` 819 287 819 I
3
a - . Coiw&*Wve Anwd FWwxM Mport
v
4
1
CITY OF DENTON, TEXAS
w:
r
~ 1 ti v"~ q'ryJ~
r
,
`
e;
F.'
1 { H .fn
4i1
.96- 110
' d
,
y. - Comprow,Nv. /wwwl FinncMt 14poA {
e
,
TT
sb
j
1
y 11
! J3 4
v w+
~ I
Sn~r' 1 ~ `.Si
pp 14 Y.
i%
Y Gf-
r } ~ ' 1 SEE
t
r S. '
ac i>
S r
l'
by aS R9,1
5 +
1
0
tt , j 2l
A li Y ~ r1 d.
R . A w.,'.
t
F~ylf J~1. ~ ~ ~ NA t .yy~ ~ ~ ~t ~„1
r~r IIr Et" n G', hJ ,u.
I
i CITY OF DENTON, TEXAS
x 1
+3ENERAL FUND SUPPLEMENTAL INFORMATION `
` year SCHEDULE OF EXPENbfTUREB k;
y$}, 3,'° ~,y ' + BUDGET AND ACTUAL
v 9 POKTHE 013CAL YEAR ENDED SEPTEMBER 30, 1993
v ,
aj
`s3
t
f~
3eV1 ,i e e s
Y it r k '
s7 4 s ~ f i Its.
a
e e ~
r; r Y r pe.
I
. .Nx _ .M1Canpnl+Mrho AmW Flow" RsPat
v.
e
A jj,e q , a +
VIA
i
} CITY OF DENTON. TEXAS
I
GENERAL FUND • SCHEDULE OF EXPENDITURES -
s BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
vamrCp• %
p
Actual Actual Favors j
Bvow 4p"tutts EneumWanees e.)dwW 1 i
ti
ORMAL 001vEOWNT:
AdminisuetW 100001 i
f 383,483 4 377,723 t 4 5,760
Per" Services ,
SuppBea 19,004 1026 279
`
Malntenuw:e 2,945 2,532 532 {119!
Services 75,161 74,848 150 183
i = Sundry - 91941 8,8.12 126 1,021
i Fixed AsSeti Vs $41
if 491,419 482,870 1,462 74211
Building Owatlona (0002)
Monet Services 241,888 2374903 - 3,986
9 J,r'. E 6Upp)ba 27,920 22,377 17 6,628
1y1slMenence 130,320 98,043 7,311 26,986
$ervkiet 6871707 689,632 27,738 19,6641 y
$87,916 926,883 361087 26,893;
' Administrative Services 100811
Persond Senlcea 200,533 192,488 8,046 l
Supplies 12,084 11,193 624 347
I e 12,923 12,338 628 1 i'
Se vlcp 48,218 47,372 320 628 !
Fixed Ae4ete 44r 447 - - M .
y 274.186 263,896 11370 8,919 r.`
Human Pks" ds 100081
ptfww Smvk4s 404,129 393,898 10,433
31,866 28,213 553 3,140
µy~,Ce 3,865 2,980 606 380 1
72,088 70,857 1,541 1,3101 S 8,620 6,618 <
Fixed ASWA 3,641 2,900 402 _ 238 '
624,009 607,182 3,001 13,848
Wo"Weher," An" Rnw4W Report
r
1 ,
i %3"
f
6 i
J
i
!t?M~ i
(
1
1
1
CITY OF DENTON, TEXAS
GENERAL FUND - SCHEDULE OF EX?ENDRURES • 1
OMET AND ACTUAL (COMIN UED)
F
FOR T,# FISCAL YEAR ENDED SEMVMBER 30, 1993
" Vanance•
Actual Actual Favorable r
Budplt Expad'rtures Encumbrances (Urdaverablel
j Infomwtioo Services 10080)>
I Peraond Services / 486,563 4 476,186 $ t 16,377
r Supplies 261011 25,911 2,057 43 •
MatrRenance 104,871 68,389 36,341 281
Servfcet 270,085 197,621 72,485 79 yti`
1 29 29 1 i
-
F6 id" AMU 29,317 1094 16,621 2
918,978 781,110: 126,604 16,782 f{;
Lpal ANNdstretioe (00041 '
"
Serv 1,017 356,462 6,686 i ,
r:
SP ices 389,800 8,741 3 1,066
1 I
Mafnterence 2,468 1,675 792,
Services 28,697 24.932 857. 908 } r'
1,000 319 456 126 ~.n
Sun"
F&roAaeta 14,590' 14,128 464
415,572 406,246 2,207 8,120
Murlio." Court Jo* 100061 4
Personal Services 107,017 106,139 1,878.
Supptlet 834 827 7
Ma4nerwnce 350 350
Services 4,823 4,741 - 82 k
Fb4dAtsets 2,123 - 2,105 16 t
116,147 111,067 2,106 1,985
yr,
f t" r r
Mwcip* Services 10009)
Persanr" Services 163,381 182,847 640
Sup,>nes 5,143 3,968 1 1,474
r; ' Aleirsearevk4 293 t08 188 19
= Services 116,828 14,837 991
5u+3rY 462 369 93
W
185,113 182,127 1169 2,617 $
,
Conwolowhe ArmW flnandel Report
,
1
1 9
11
CITY OF DENTON, TEXAS
GENERAL FUND • SCHEDME Of EXPENDITURES • 3
y , `a BUDGET AND ACTUf1(CONTINUED)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Varlenea•
! w
Actual A" favonbk
Budget Experdkuree Encumbrance: NnhvaabkI
Libim' ' MminWswi c on (00701
a' Peraanrl Senrkee / 134,670 i 134,522 i 4 148 ;
Suppt+ea 19,775 18,179 705 891
5,041 4,874 90 83
s t ~a, " ,3~ ' ; MafMenanee
r, 8= 64,200. 63.987 213
r` J r "'t :'1 # ^ 223,692 221,562 795 1,336
it itbrary Support 8trvicee (0072) Peraon~f S«vkee' 3:iS,902 316,602 23,300 {
MalnWAnce 4,208 3,675 15 318 ➢ `r~
343,110 319,477 I18 23,618
1.
I .
F , 'library Adult SvII (0073)
5 peraonel Senrlceil 230,406 232,457 12,0611 .
kr .1 1 : 8uppjle 6,000 6,963 ' '.37
' r*'yr G 2ba136 26,685 272 2,179 s~
r a
• 40,666 766 161
,
41,472
1 fp14dAaleu
306
r 1 027
,
. , 306,014 304,e61
•
1
P Life ' CNWran Servkea (0074) 1 F
ry 167,870 162,624 I j
I swytcu
Ptraone r"
t
41 ~
1 . ~ .1
- ~ 1,200 1,026 33
I Aeeate 281600 27,486 1,014 4
r 187,370 181,136 1,155 6,078
Ad4nist idw (0020( j
- Ft:rnce
r
J FwWW Serviced 230,774 232,331 (1,557)
r„~pµ4i 3,614 2,702 6 807 j w
MMntarlarke 150 G9 101
SenRcea 23,621 17,417 4,127 2,282
1,940'
j ' Fixed Aalsta 1,940
f s~
1
280,199 262,490 6,067 '1,633
' t
• 100. r s
n C&Wsf di a Anrwel FM WMW RI
1 ,
I
1
s.y
i
CITY OF DENTON, TEXAS
:
GENERAL FUND • SCHEDULE OF EXPENDITURES •
M"ET AND ACTUAL (CONTINUED)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
%
VerieACe•
Actual Actual Fevomme
Most Exordtums Encumbrar"s Wavoreble)
kix W v (0021) ,
Pwww 8wvkee t 108,688 1 ' 199,924 4 - ; 4 11,3861
ti ' t1 w 3upppee 8,780% 8,671 123 114)
14
, Meintawnce 1,230 477 46!
k; Semm 20,380; 15,409 1,563 s 3,406
228,966 224,481 1,688: i'-' 7 2,181 1
4 . ~%uetomN &,rvka 104221 a
" r r Paeonel SNvkm 687,444 562,390 36,064
I' 129,368! !98,282 1.433
I , a Supplfee , 2f,643
lAeint4rwnce 6,116 3,402 1,713
BeNkee 83,389 401280 144 4.957,
>kr+dry 260 348 ~s1 4
J>} ~71~ Agete r a' 1,767 1,788. 1 ti
3 f .
M' a 787.323, 722,414 1,577 63,272
" Cy4lNerkq 0023!
Pweond SWIC" 218,785 219,097 (312)
f' b a 6upp8N 6,278 6,098 103 75
ILk~tnnna 260 25 236
I iv(cit' 6.480 81008 472 9
41
232,811 232,229 575' 7
^•I~C4aunlin0 (00241 1
Pet" svvko 434,966 428,898 - 7,467
BuppTiu 16,472 16,584 1511 (all i }
i
r 1,898 1,696 i a
SeN(ae(' " 12,290 12,371 (811 i `
466,415 457,661 1611 71618
7pt 100261
y j Paeanel Swvke1 88,736 86,801 (63) i`
6'41 8.895 8,807 198
~ McMwt!►enCe 72 5b I0 r y
fis t,ti86 1,785
A1
I*d Mots 1915 1196)
a , I 671651 07,624 37
r,, •.101• ~
Cempr*dmNo As*" An&w el ilaW
-i
~ w.. _ Ci11f OF DENTON, TEXAS
I4
I
GENERAL FUND - SCHEDULE OQ EXPENDITURES -
BUDGET AND ACTUAL (CONTINUED)
` FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1893 -
I +ry.
Valence-°
' Ac"I ActW revoraw
Budget ExpendWee Emumbreneee Wavor") r .
MunWol Court me" 100281
i Ptteonel Seroku 1 229,446 ' i 230,846 i 1 11,4001
32,788 32,663 11391 264
8upplke - '636
d ' s Me)nteneACe 700 182
yl' ti services 19,672 19,370 202 ;
1 bieA Aaets 4,1)00 3,600 63 447
}
} 288,486 288,630 (881 41
t r
` kp "Iwl Audit 100271
63,312 83,168 164
Pat" Berms
SupPli•c : 2,700 1,131 1,889 i
860 188 882 ;
FAelnterwnCe ~ o 'i
1
11,060 21199
. 7,e6
177,912 72,140 168
b:
I
i , a F~Aena A"Wjj tit)or Mbc 1020M)
16,093 " 18,091
a Servkee 24,400 ? 24,334 86 a
736.808 718,767 9,111 7,941.
&Mdy - 776,302 743,091 9,111 24,100 aY,
L Aet.oo*q Misc (024MI . `
` PNeoiMl genial 100.000 (18,8801
le' 194 934 60,244 'o'420
BeMcie 168,100 ,
312,637 312,837+.
. , kwxa►ce • ~ ,
Sp y 172,600 161,388 21,432
763,437 879,499 80,246 13,8li2
1 : wooctl?n 10014+`
c PNeonel gee 317,668 307,422 10,148
11,271 9,076 168 2,038
t I ~+D04se 8,328 8,216 1,113
Metnt&%fM
S4eviCa 6,826 7,311 214 7.300
' ° Sundry 230 - ' 234 ter
• 372 J_ 14 827 ;
g' ? 344,222 929,023
.L
' ~ ~ 102 • 4"i'`
r - - Cornp**w o Anrwd RAWAlel Repoli
R
;4 4
-
CITY Of DENTON, TEXAS
t GENERAL FUND • SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (CONTINUED)
FOR THE FISCAL YEAR ENDED SEPTEMM 30, 1993
i Vaflil%'A' A"I Ac"! Fovmbk
Budpst Expendmns Ercmbrsnces Nnfavoroblel
PWWnp Md Davtopmont (0016)
C ! s Pmww 66 vid" / 388.641 / 383,296 1 • ' ' 1 1061
a r' Supptla 18,947 1$1316 318 314
° Mainterwnce 226 141 70 14
. Serv cos 22,639 22,247 176 117 S
Sundry 6,061 11838 t. "5,213 i
> r ; a Fbcrd Mats 789 788
{ 444,208 424,636 663 18,009 I
v t Plarx>irip snd Oevefopment Misc. 1016M► ' ' 1{
~
t %,r Adrr"stro ve TrsnOur 66,440 66,440
; I
y 114,444 144,386 48
168,838 v M
tkk ~ 6trw I40pre" (0016) Pereofle) SMVk1l' 434440 12,463 1,387
6upplhit 11860 11.7119 131 Setvkes 11,666 10,706 700 r ?`160
t , 67,246 ' 64,877 700 1,646,
'
" L Tow "N*Vf dovotow" t
F•rgfn we v (60101 Per" Servkes / 878,147 1 878,066 4 1 312
Suppw 29,111 23,414 $80 4,837
i Malnt6mmo 11,010 8,696 894 '1,1100
i Ssnlcu 36,324 32,682 106 3,667'
964,972 942,717 1,669 10,896
ri
TrsnsportatWn ErginWnq 10012)
Pat" Services 246,01 239,069 7,632
Suppff~s 10,972 8,486 2,606
MaIntwan" 91,362 84,134 3,694 3,624 M
Services 49,739 47,743 1,996
398,764 ;79402 3,804 15,868
, J• M
f
f:
• 103 • ,y
Compr*anstve Annwl FlnsWal Report '
i
cmr OF DeNTON, rExns
GENERAL FUND SCHEDULE OF EXPENDITURES • s k..
BUDGET AND ACTUAL 1CONTINUEDI
FOR THE FISCAL YEAR ENDED SEFMAER 30,1093
i,
+ Viriance• #
Ac"I Actuel Fovwable
' ` ,t• Bk*d Ex 1ltnfavorab%) f '
penditurea Enambraneei ,
Commtwty Wvmvemem (0413)
P.,
PM,8ervicia 1 173,480 6 168,684 4 4 4,790
' Suppiiet $1778 4,574 466 048 c'
, MaIMeMnw' 2,144 3,800 -,11,61tl1
30,323 21,21O 1,855 7,268
1
SeNkAs Foxed Amts 280 290
F ;I
•
, 1.488
212,056 198,558 2,011. 11,486
Airp3ii" ib0191
Periow SWAM 68,828 88,880 1321
SUp981 3100: 2,619 491 f y,
i,, iNair+tixlirxce 4,0f6 41011 35
0.186 7,846 1.349
16,800 17,784 11.9$41
AdrhidiVatwo Trihifer 1
° v" $unx{xy 600 467 43 ,
99,669 99,577' ; 181
F' SUM ftWh* 0011)
. , 4, , ~ . - , • X9,86 36,25 ~ ~ r?4
+ ►erea►aN Sexviaa 3 8 3 1 2
N
S 34,475 30,480 3,606,
} + ; C 41,774 419,532 (1,76$!
i 14,265 41,894 2,391 S'
16,940
848,097 827,767
1
s Ssrw{ Swopln4lDr+UiOi (0610)
PefeOfxil BefYIC~i 220,214 245,394 14,820 i _
$UppNee 18,862 16,602. 360 Y,.
µ 60.326 76,323 116,9971
j 54Ntci~ 78,701 71,666 925
373.193 373,086 108
t, • 104
Comprel+ineMe Amxal Flrlinotil Report - , :
- . a ........w ..re"♦h:.,., J. ♦...s` Mr l,i ✓i:14'~SI,✓ ♦ • '
9
i r ~ ` 4x t kid 1Qxt"'.
"5I" a"r 8t`~~I
rt
CITY OF DENTON, TEXAS
GENERAL FUND -SCHEDULE OF EXPENDITUliEB • ;
I BUDGET AND ACTUAL (CONTINUED)
i
{ FOR THE FISCAL YEAR ENOLU 88"M9ER 30, 1893 i
; ` PIj v ACtw! Aft W Fevonble i
1 Budoet ExDenditwes Bywnbrenca (UMwot"I
" Stroet "truet6 100331
PenornlSwIces 1 354,051 4 345,888 4 4 8,385 i
,n5;' i.8e 16,910 19,009 198) w
272,402 268,543 9,002 131
~r, „ Slrvkes 90,054 s 90,184 t
(1101 i
732,417 721,352 9,002 ?21083 F`
f Street U041 "o 100341
' >f 1 Seivk i 393,000 382,204 ,
30,798 '
r , • r . „393,000 382,204 - 30.796
1 "
14 + = 6%*0 mental Hes" S";0" (0038)
.
+ Pars" SON16 a 124,898 123,934 964.
rs~ r~' ~+DPqu 5,288 4,341 76 852
rrel!rK :r
7,0451 = 81898 10 „
• 1 X336
r r 137,211 133,974 85 3,152
Pwmw Servkes ` 186,364 180,408 5,958
'
% ? BudpN41 21,217 17,430
r 172 3,666
t
y „t A4e+finlncs 7,732 4,425 3,307
FServkes 34,488 36,254 (7661
249,851 237,515 172 12,184'
A&* Wa* A ,I.
N4110 & AiQMFi4M* C
Forks 6 Rscrestlon Adm itret;w (0060}
Pet" Services 1 190,483 1 189,692 1 1 89l
"Su00~e 37,260 31,001 32 ` 8,e17
Mstntenina 11200 548 866
e
Servkie 40,368 39,517 841
3unkY 400 398 4
$ R Fixed Aesea 800 668 160 72
F . r+rrrr~~~ ; l
270,491 261,819 192 8 a'
e • 109 •
CvvWn wrewe Anwd FbarwW Rpat - -
•1 ,
~l
CITY OF DENTON, TEXAS
GENEML FUND • SCHEDULE OF EXPENDITURES -
nNUED)
{ FOR THE FISCAND ACTUAL (CON
AL YEAR FENDED SEPTEMBER 30, 1893
s.~
Aetue( Actual Fevonble
x
gty~el Expenditures Ero"brencee (Unlevorebkl
I Rsoroe$os 10082)
nel $ervlCes / 732,476 4 726,521 4 6,866
' peon
7;%,373 88,673 3,05 3,396
tg., BuppA~sti 18,165 16,319 212 ° ~(3761 s1':
k,F, t; ` , iintenence 218
r. 171,315 170,897 200 i,
ar 7,~ i . I11tofum 'rrerll~N ' 2,406 2,400 !
_688 668 1 a
Fbled Assets '1,845 697 698 ,
+'y 988,130 964,873 1,067 12,180 y
puk 4iRnienenai`tGOd31
,22,221
Personal Senkes< 827,866 806,647
73,37S 64,890 2,104, 6,381
" f s 120,632 114,038 8,916 (312) 1+~elnt~rwt~ J
Lti 104,206 6,866
J
1 10,070 -
i'w, + •~t S t'. 160. t.
150, '
* ` I Sungry 401 401
Obifd Aura '
1,132,606 1,088,781 9,019 olr
d
rowPwa s R~or+.NbR r "
stow.
x ~ Pn1c~ lOd401. . ` 'r ! ~
PereWw swims / 6,260,407 4 6,239 688 1 21,711
216,761 192,146 8,818 18,719 {
M*fttW" 173,274 168,971 41303
t 382,938 382,204 1,407 (673)
S~ryiCes I
rr
Ado4iW**e Tomdor 56,131 60,647 (4.4101
r ° Sundry 11680 689 961
Fb w Assett 8,260 7,387 688 296
38,904
81098,337 6,060,620 Roll
~ : 54
, t
-Soo •
r i Cwwawwvs AmmS FMWK W ROW
v6
y k
-CITY OF DENTON, TEXAS
GENERAL FUND • SCHEDULE OF EXPENDM MS
BUDGET AND ACTUAL (CONTINUED)
Fa) THE FISCAL YEAR ENDED SaMl lga 30, 1993
Var>tnce• y
Actwl Athol Fs+rwabb
Budget Ex"eftres Encumbrances (Unlavorsbhl
t : Fire Administration (0060{
Personal Services 4 396,722 4 396,88$ 4 / 34
y Supo" 25,211 24,737 583 11091
i nr, 33,828 2$,907 887 8,254 ;~rrke,i 109,607 114,266 1,493 (6,162)
r! Y 150 144
8 (
r Mod Assets
8,338 8,967 1,3$2
i 572,867 6$6.899 4,126 33
me Owaftu (00511
Personal Serviceo 3,486,636 3,467,051 (4161
k"lles 62,991 60,383 2,388 242
r'}'_ ; Mafntsnence 49,421 48,066 .
6ervka 88 269 1
14 #29y 147,264
33 ~
r ' r 4 r; Fixed Assets 4 700
34671 14,018 1l
t 4j. 3,780,046 3,743416 16,490 140 1
Fke 101;04000M 10052)
S+ Ytd
P""i Services 180,870 100,698 ;
r IZaI
, BuypNee 6,04 K.047
' AAeint~nanc4 , ,
3,'>`7 1
"Vic"
ra 16,}00. 16,08$ 128 266 'i
Fixed Mute 7 3
11,800 11,40
r 3 217,266 218,974 128 166
6n*w" Medical Services 10063)
Personal Services 733,775 733,807 132)
140" 76,476 73,374 11650 261
MekrNMnce 34,459 34,370 89
r 9ervtcea 157,414 168,817 792 a
Flxld ASMU 3,036 3,034 '
1,004,158 1,001,202 2,642 314 r"
A Taw hie Sol* ~ a: • ~ n +°~"tt 'N
A: ~ a
l
ORIWO TOTAL GENVAL FUND 2 "1119
~ Y ' ,Off r , a
u`
'r
r .
,
r .107•
Canpnlr*Wvs Am%W Finandal rlsoort
t
w•ww~ ,I,
a
~i
CX'TY OF DENTON, TEXAB
I'
Y r
t
a ~F
!
5
ia" ,S r 1 °/Y.
Al;
d r~XX~{` 4!A •~Ii s ~ I~~~~.', r Irv, ~ ,r ` !
v ) 'j1
.
l'
1
44
r e' i' M ~ r i
• 101
,
»tl,
' - Comp►"*i Amur FkW W RrW
a 4,Fk
I ;
I f, ;
k I t
~ i,d a'
C ,T".: r at Y.'r: ~}t elrt I~Y'ie'i'.~y4~.3.t lrr~w9 ~'iy7"1xfi e 4,4,+tyin~
! { w ^3R`I'(A,'ti+eV r a w 1i r,''~L'k11 X1' .r r.,yt 1, ~I i°.' ~r
r ~ .Z
1
S~iANA~Y J
4
s
}i
v V r
n
Ii;i rf~ I . I s,,
3
I Iy i r ~ ~ ~ rl l~:
r aF~ ~ ~ rte,
ly P, r
i t
f
II
f arG
f
YI f
tin ' i a r\
S ,CE Sl loll.
r I ; I '1 'r In
' r F ^ r1F,a,iE,} (M~,. , T~4` '~ltl7. Mk41 1 5 ~!`~Y.fr' '~lr` t'!k~~ aa77^.q^ I~~JP~'4 nA P1'~'M^ ~ T.Mf'
d r r
r rv ~kr Iq 1 U~4 j1 ~i4. ~1'4
ICA' I
ar v 7 i 4 elf f( } ,i., J L
e,+
. t fit
1-
ll !
( Y
`f, ,1. F fi
I I
L ,
w
i ,
3~ i a s , a :1 ~t
pI P, Ir
ra ~
Y1
1 '
Jr~rr', s 1 , r I
i
3 ,
Al jq~
n Z!' °Si ` {i l :r{. yl i r r ,r ,1 .'f¢`iS
iiT a Y i 9
y rt,,
Id rrt' h }j :1 y:
Jt! # t 101•
r
r R i TI t, i 1
~ e*4 A . a. h~Pr fa .duAwn. s.wr.. -a.. r, .n n4'~a~i~K Y•d 2~f,P }////P.' a ~ye@
1 11 M1 t~~.
j~
JJF ~ e
t
r
11 t
r
- r ' Irv. n ...-..pr r',,.
Y' h
CrrY OF DENTON. TEXAS
3
GENERAL GOVERNMENT EXPENDITURES
+'t
t'~+ F BY rum"0N (1)
a' LAST AN FISCAL YEARS is
41le
Public Pubec
iy~ri FliCe1 Gel
F k Veu Oovemment Safety Wake Lit
ygg{ 1 4,673,090 1 6,631,882 t 2,786,822
fF „
Y i a i 1986 61191,809 6,383,330 3,071,489
1988 8,601,963, 7,166,389 3,690,360
V%
1987 7,498,634 7,742,987 3,630,471
1 # 1989 8,466,436 9,318,904 4,040,489
,r}, 111
} "i 1988 10.842,100 9,160,314 4,3G7,267
^ ygg0 10,470,382 10,184,816 4,228.467
1981 r 8,887,668 10,982,769 4,612,408
19E2 10,678,878 11,497,189 4,615,088 q
t N r i
ik l' G ~e rv i 1993 10,733,989 11,667,809 4,722,846
S rill, ~
;,1 , 11) Inchidee General, 8peclel Revcw, and Debt Servke Funds
121 DHferenG due to al refunding of Oelwrel bb1EVltaAS bonds am CertHicete: of Obgpedon in November, 1986.
. Y.
r, ara ,~4,1, ! :ter.
r.~ ' rye
„
+Zx
A . 110 • 1.
r. Compralwdive A&wW FbeoM Report
r' r - .w. ,.,,~>~;w . ,ear N~
a
t
:a
WWI a,
`f
,
.h
r ~
Yr
t
CITY OF DEri'TON, TV" t
rE
•S ~ " is
t
r
Pubs and Oebt Togs
option Od+N Capmi Ouday - swivil e
386,783 02,392,868 117,287,4!!1 r{
„r 01,4518,228 ~
t 5719,742 1,01a,119 2,419,828, 90,782,477
1,914,401 167j14612) 20,081,081 G
Y , 2,110,662 , s
390,369 3,683,933 96,178,485
ti 2,262,216 y37,
2.308.463 448,693 4,164,783. 27,747,267
a 403,E33 6,EO8,A31 32,849,813
9,3C7,946 ;
490 610
674,721 4,646,112 32,
' 2 6~6 892
33S18E,44a e t
4u.~61 1si9.ra °
2648007
2,0141413 480,680 4,418,269 34,308,823 }
31.802,989
" 2,760,188, 420,228 4,E09,9S9 s
n ,
f' 7 „r
yr
tiYgg'
Y' ~ ti1
~f •.111 •
1
~ i ~ .r.~..-. QompaAM+sNs An+wl flnarldr POW
, f",4
,
a CI11f OF DENTON, TEXASr
C !r
r x
GENERAL REVFMIES BY SWRCk (1) ,p.d~ { LAST TEN NSCAL YEARS r
~ ns
ylk -
Mr;
d
Y ~ 1111
{ L'xeruea Utility Inter-
r
Governmental r
+ ` FieCal and Franchise y
pry;"; 1'. Year Texas Permits Fees flevrhue. !
s'! Moll; ' 110,405,811 303,726 418,880 626,E 8 I s
x 4996 11,846,499 = 386,881 484,171 1,270,019
~y' ; i E 1958 113,828,013. ° 379,238 377.960 1,701,136+
,y 3 + 1087 16,966,382 l 250,171 428,319 1,123,104
f,179,t?r?k
t g ; " 1985 1'
7,344,938 t z 211,999 860,870
+1908 18,674,210 222,758 695,142 1,8d1.4rS
1090: 10,998,832 261,060 577,188 1, 80,888 i'
$114`} 19,766,479 243,070 814,940 1,~14;b34
.1992. 19,790,132 293,621 160,467 1,97
r .1493 s. 20,932,389 368,618 722,661 2,100;047 t
;j (1) kicfudu aenenl, So, jai Reverxro and Debt Service Funds
{
. • , Sr
k ~"4
p
V
r t Si gn
kky d
• 112 • .
F-
' - CarrW"metve Amual FbemW Repast
~r
'
L
,
r "
CITY OF DENTON, TEXA8
a
T"2
JA Y3 Fm for rkw Gn6 Intsryt MisC (koua a
r Scenic" Forteihns Revbrr~e FNvwm Total
t
: s kk , 616 a~~6 191,1sad 642,462 13,900.877 i
oae !6 ~e>
WSJ'`- ` 1 I,rW03 it ;o44' 330,026 272, X44.
h4 1050070 659,194 245,666 838,803, 19178,268
z^,1i18F764 780,748 347,115 914,648 20,8J0,629
1;~,+ ir3!'~~1162 l,1~4,~11 ,800,1f6 7,006,10623,540,666
296 206 1,232, 66 . 808,280 , 2,0731460: 26,4861265 h
1,157,66 748.200 F 1,466,608„ 26,106 107 1x..
2~J , 89E,263, { 25,772,466
+ ' t . t F 1 6 63 . 969,q32 643,722
~ WY~r t y4 1 ~ P A, IJ^a
a !404,1.87 1,437,f17 568,182, . 7j~(836 . 26,0081874 f
1,413,620 1,$13,141 a 601 1,09'/,776 28,6b1,126_
'L 4
x,J
✓
}
1
kt 144, ( d,
7 'f
r
9 ,
X113-
r
. ' ' ComFnlw~wiw Aevwn! fYwtola! MgPoA
}w
;n pX..R,rH` .
1 . vwlk Hf.h J...,. r'+i t F. n.. 5~.
1I 5
CITY OF DENTON, TEXAS
4.4 f
PROPERTY TAX LEVIES AND cOLLEcTioNS
LAST TEN FISCAL YEARS
f1sEa1 Total Current Tai Pareeii~ al Lsv1t DeGpgwM Tax R +
~rti Yee." rax.L@LV (1) CoBectioN Colkctioe ColMctioiu
R 1984 6 6,988,886 3 6,786,881 98.61% ! 1b6,783
' ° t86b 6,809.814 626,714 97.31 181,380
96.86 228.808
<qr ; .a 188p6's 8,Y16.968 164,114
10,901;3G6 10:4/8,613 86.47. 303.649
,S b ) 1986^ 12,182;486' 11;141,034 88.30. 313,376
- L-4
ti"f 14958'' 1],46,846 .12,281,64 97.11 1,661 ttittay`~` p' ` c :4990 13.11,816 , 12,719,2A 96.86
336,801 rq'
13;11e,332, 13,383,006 97.24 203,88'7
d
'"'14>?3" t3;49~$1b 1;188,36691.71' 30~1;9a4
P s 1983 13,13209 13,461.202 97.96 340,3821
r✓ 1 I I : 1111 ~if~.
(1) Dow CwwN Appraisal Diatricl `
„ 333
~ 1.
f
7 g
m +114
Comp "ishrs AWW Fk►in" Report
} r
r ,
f'A" [ter 1. . -$W s 9 ~ [ 7.
.01
CITY OF DENTON, TEXAS
T" 3
jet ,ry _ ':Y i
t 1 Y'
^ WTotei ConeetWw as Delinquent To" »
1 ~{rl 1 .,c1~• .rd ri' .-R"z t" 1 01 1 t9 . 36 a Pant of
r Currantleyy DeK*.*M Taxes Current lavy
KM, K;983,1 4 98.2896 1 1.289,188 21.tfSi ' r,
4
6,793,064 96.77 1.369.6r7r, 1997
y? 8,392,920 98.84 1,019,080 11 87 1-
frx 7.146 98.79 1,042,748 988. x
,,064;409 99.67 1,064,131 8.73 100.91 1,133,897 8.97
• t I.I/ ` P~
1t.lvld,01L 1I
.143 99.16 1.273,864_ 969 t
a# ~b,16,ifIb,692 98.76 ! 1.6101663 11.74
340 99.96 838,016 6.21
100.43 942,322 686 ^
T t. 'i 111
IS
J
V yy``f F +
1 M1 x,K$ t
i
t ~ ~ w SSr•,. ~ :i
lr
1,, IU i' ,YY1,
a
,ra Mk ~,f •.116• I "i
s +3,~i t
" } ° i Con+Or+AM~Iw Angel li+Mialaf AeOe!i s,,
I
f
y
v'
f
CIS'[ OF DWON, TEXAS
. i 3,.
ASSESSED AND ESTIMATED ACTUAL VALUE OF
t } TAXABLE PROPERTY
LAST YEN FISCAL YEARS
. of
al Pro" Personal Pro"
Re
mono"
" ` Aeieued >ituntted Attw1 Assessed Wm4tsd ACWW
Y4, Who* VsMw Value Vstue :
r
1984 1 901,334,808 / 901,334,506 1228,262,045 1226,252,045 M
r 1896 3 919,943,824 919,943,824 234,092,434 234;092,434
6 1988 ` 1,178,422,881 11176,422,567 267,120,891 287,120,891
14
z " 1987 1,621,836,234 1,621,838,234 298,827,706 208,8`27,706
1988 14768,960,856 ' 1,768,860,856 291,433,722 291,433,722 L Y^"
1989'' 1,833,449,788 1,833,449,788 304,911,169 304,911,169
i
+af - ~ 1900 ' 1,778,814,896 .1,778,614,896 382,398,888 382,3a~8,aa6
r 199t 1,738,408,2967 1.736,498,296 300,108,990 306,108,890 r
i3 s 1992`" 1,881,180.883' 1,861,160,983 290,143,627 290,143,627
° 18 3 1,869,266,681 1,669,286,681 332,456,807 332,466,607 „ IMarnsUOn provided by tM DerKdn Cenb16 Apprebsl Dittdct.
It I
}
14
L '
At
ft a ~
11a • _a
t CafgeeMnsMe Amusl Finomllrl Copal
,
`4A 'f4
.a
H
• 4
jj
t ~ r Ci TY Of DMOM, TEXAS
1 1::
z
s.
T&W 4 ~
~1e1,, 1
1 i t Total • I r
N;[ Ratio of Tog!
a EMimMad A&W Assessed to Total
S ' ,t y Assess" Value YNue EstimKed ActtJat
Pa 100% a,.
'fir*'~i 1 11,127,686,654 11,127,688,651
i1 1,164,06.268 1,164,038,268 100!6
' i 100%
i,443,643,468 1,443.643,456
1.620,463,940 100% ` r
826,4e3,940
5 r 1 2 060 204 677 2,060.294,677 100%
r,
of
'S s r 1., r, w t +,t4 ! . 100% If'
1 213A.360.946 2,138,360,948 q trk,
k( ~S '1 i 1.x'_.51 F'
CC 100%
2A 39.001,561
• ~,1as,oo~,a61, ^5~;
2,036,603;286 2,036,603,286 100% u
1,961,304,490 100% '
~f, ' . , I r 1,961,3b4,490 y
1,191r722,188 1,891,722,188 f 00% l
~~'4r r%$ . dux r4 I y
sl4, 1Y
yy fit' u l }r.
~ al 1, t ' a f '
. 1
q r . r, j d 1
a
j ,
j 3
r
5`t t { 1 , ' l A l i
It CO Y' ~l rr~ Cert~paheMlre At"W FYwo+del Raw r{..
l l
2&+PW.Va+'YSp+'4P` "t+w"' fi4
.-.....r r.•r NAI V(i.;,1 .4\Fs i.R f •
r e l•
h
CITY OF DENTON, TEXAS
t
T" 6
{ PROPERTY TAX RATES AND TAX LEVIES t"
DIRECT AND OVERLAPiMNtA GOVERNMENTS !
' LAST TEN FISCAL YEARS ~
r .
- TAIL PATd 0* 9100 o1 A"W"d Vobm")
th!
, 6018!1
! Yaw City Dietrki county state Total
.r:
o.
1e84 0.8600 0.1160 .1120 00 1.6820
1986 0,6800 0,680 .2118 .00 1.6818
r
lose 0.6600 0.860 .1760 .00 1.0160
,c
~IYk I ~d it
isa7, 0:6000 0.700 1303 00 1.0109
1986 0.3678 0.770 .2264 .00 1.6662
lose 0.6028 0.130 .2269 .00 1.0467
1900 0.018S 1.066 .2410 .00 1.9248
i', 1991 0.0661 1.228 2847 .00 2.1476
r r i 982 0.6161 1.360 2644 .00 2.3401
t.:
loss 0.7160. 1.470.2024 100" 2.4604'
ly
5
r TAX MASS
I ~ ! ~ ,r' Ill~l~ Ir~IrM1~ h ~'a.
.1 Fboat 3C1n001 . ;
rah Y Yw My Dittrbt county Mom TAW
My ;
p ~'r
1664 9 3,906,046 19,936,701 19,060,108 1 9 26,012,901
1966 6,600,814 i1,833,437 10,209,064 26,881,8M6 +
toss 11616,06 14,260,080 1111641643 83,971,611 t'
y'
yo-'` 1967 101101,306 10,01026 19,414,002 4604,03
11 see 12,101,486 11,261,797 11,497,470 81,74,762
t.,
' 1011 11,640,840 20,609,893 22,848,164 601100,313 , ';nY
IW, 13,167,416 26,907,760 24,814,310 68,161,881
r 1911 18,71032 20,076.876 27,813,048 69,706,186, rf`
p 1,
1191 13,406,610 21,877.616 27,910,666 71,166,446
a, 18H 1011321601 33,214,406 79,114,164 76,181,161 aj
4 6ouncE: antes c«tr.l Appnlod D4trkt i
lie -
,
J , ~
i
ter. Y _
CITY OF DENTON, TEXAS_ -
} r z,
lFr~ ~
>rt`drif t. Tebb6 r
SPECIAL AuESSMENT C&.Uc oNs
=,t f LAST TEN MSCU YEARS
r
TOW i
1 IrA Den lkpuent Wet&.Xt Q t
Current Curwit , A160 01 . Ataeem" _ 6wom and ;
~i
1 r7 s" Aliiument AtleiSM6,* ColkcOdm to Collect m b0n4 m
two YNf " r Due Colketed Amount We AEjuetmeMe Ast~ttmena
4649.992 " 1307,006 664% 1 6,137 "1376,29'
p~,hG 1AiB 98,020 279,229 ~•a
1996
09,229
`'4~l r 148 279,219
" t 1969 90,711 Ir",619
97,036 99,7 N k
e z i 1091 c 49,246 41,471
t' 6 " 1 B42 11370 4101
Ina 33,072 7,028
+ a~ gar ~ ; ~ w
I ij ltC*'
y4 y
IAA ~,f*,. '`ll. Yj'•
ar 3 r ,
},f,'~ 4~,~ f ` r ~ ~ 118 • , , " a;
A
Cwnp"Al~
i
e ArMNref fNerlelel Report
t n-':.. 1 1f`~ r'. ~ n,v M..,-y..~..+.n. ..V:w~a.4L 1 lk„'•13 dYt.l m',.V rvlr,....,:..., . M r 4~ylM pp
4 >r jf
♦ r rl a f t ~i a y ~ a
i
t
h61CITY OF DENTON, TEXAS
`
1
W,
ff RATIO OF NET GENERAL BONDED DEBT Y
TO ASSESSED VALUE AND NET BONDED DEBT PER CAPITA
LAST TEN 018CAL YEARS
CA '
E 0. Y(}
i ~ Fl*w AmsW Value Groot ;
Bawled Debt III
Year Pop lotion an OoAkods)
E'fi* f 1984 57,703 11,42'7,5E~T 615,652,760, I
fAB 81,237 r 1164,038 22,480,00,
K• rE. t< r
1 a 1988 84,480 1,443,613 22,065,889' 4v
1887 66,191 1,820,484 28,368,080 z
k~v+e 18118',' 68,623 2,066,298 28,`184,76/
1989 88,011 2,138,381 30,770,309 w r
t~(~~° t tA90? 88,270' 2,139,002 30,833,609,
5fd l . o : r' ' 1. d 4''
28;4314369 r •4''
T , +r66 470 2,036,603
A
1,961,ao4 28,77a,5Q8:
E x 1902 66,900
.
1993 87,404 1,891,722 30,91,00
i1► Excludes t l Ofta lon bonds pledged by ttnitet" revenues ,
Y .f 1 aao Car" z:
, Y.
fib' 111 1
~eNi ri
y r y s 1 AJ t
y
T
fl?1 r iyt
r, • 120 - r
Cov*rOw he Amoal Reeeolsl !Rape, -
,
Fi , S t
"
CITY Of DENTON, TEXAS
s
e
~~,,M~~r T ae'} M~.
Y l;
r~
.•r I
T" 7 v
y • :
4A"~Y 1 .Ill nl (..,.,•d Aet;001 Net l+.
i II Lal 0ebt SKViC! BWWW DW to
Net BdlOod Debt x
r ' ' Fdi+de w Net knoed Debt Assomd VAxr ' her Cepfte
285 416,461,486 1.31
288 r.
605,li4t 21,874,459 1,90 357
y* q k 1,24'Y,328 20,818,633 144 " 323
w ; 1 ^68G 340 2070,720 1.38 378.
1,912,928, 26,861;831 1.31 409
z ,
l F~
111~2,0e0 29,638,249 1.* f449
` : 722,478 30,214x033 1.41 466
F
309fd26 27,811.833 1.37. k :419
f z„~ ,44,335 26,429,174 1.4e
q r. r ~:,23,844 30.1148a05 1re2 1466
z
k .t iA `GI l is
^ d ~4~r1 "qtr vo
9 +r , i
- IL
X
5r tiSY
Sl!
p
IC '
Y
4F rry 4 w P.~a.,.
1ST"'
v T•'
n
1
r l t}
Te~ 1v s
i e
p 2 ~
~~~~`l • 121 • ~ Uy~~f2l Caroef*Wwo AfY" MOlifll'~ now i..••+•++...•~+~++r , +'~p.
41
.1:.4 kA
a
r
"
fr
a
CITY OF DENTON, TEXAS- t
I
f
ri Te!,ira 9 , tr
e
w
COMPUTATION OF LEGAL DElT MARGIN
s . , SEPTEMBER 30, 1993 '
11
r t ..lrP ~ 6 f,891,72i,188 ~ i,,
a x Ne Aaaued Velue
e f * 88,922,028 i
I r
Plus k`iiibfn~t F46p6fly TOW
f, Jt
Told Au"ud ~alue N,980r
4:
✓~d pt, A f .
Debt a Umk • No debt Gmh LS Mlindated by Ww ,
1 ut & Cky dose reco rJaS aGi percent ae I
t 18,838,863
r T 4°.~ an 66666mic nm tation
Amow* Ot'debt so*" to debt rmit
t Total geflM~l obBWtlon bonded debt If7,131;730 j a .
a
r ! !
r ! Lefa 4enMil oblipradon. bonde pledged by C k
' 4 - r e6rliatlon tev6niNa (880,681)
t1 30,971,069 f
! i
~ ~ # Certtfkitb of obtigetton ' 4,6....-000
Line Arnount In &M aefvtod land lVagable sY
for peyfnant of 0&,*el 322,844
lr ra.'
Total Amount of Debt Applkable to Mt Lknh 30,640,205
L60 Debt Margln s 88, 190,448
~
M• ~.,1 u .
q'l%
I
1
r.
ff 3~ 't I
,
' } µr • 122
- CofnpnArulve Anrwd Fk*NW Mpoft
t
,f
1 .t '}P
j CITY OF DENTON, TEXAS
T" 9
' COMMYATION OF DIRECT AND OVER UQMNO DEBT
s SEPTEMBER 30, 1993
~ A
'M
Pro~ Amowt
{
Debt ble to ft APPi c",110
Ur Not C DMton 111 City a D~
M
y30:
131,821,730 100.0li $31,621,
C14y"o1 Anton ti,
InOependa+tSc &I M#blct 60,467,118 84.0 421392,380
1 I' Denton , ~ h f ~ ,;.4
Dsn~on'Counttf 64,649,277 21.4
I
TOM
r l 111 The'Pdrewvts0e AW6-Abk to tha Ckv of Denton' Is based on tM relatlNe aasessw values W10*1 tfu 011 of ;
4~:., Denton.
1 =•y I
r
r4
' ~ 1b
1
aa,
f:
n 1r.
Cpnpefw►slrll Annual Fb ROW
1
r cat
F i
r
r
Jl lM....... ' - a i
CITY OF DEMON, TEXAS
Tablb 10
i I
i
RATIO OF ANNUAL DEBT SERVICE EXPENDITURES FOR
4ENERAL BONDED DEST TO TOTAL GENERAL EXPENDITURES N)
LAST TEN FISCAL YEARS
s
, Ratio of DOA
Iambs j
t5 t F" IrK*ml and Total N
Total DW 6" (pol"t"t)
~ FiM1 Chorg" hh*W
ti •
/47,1117,4111
f- ; 4 f1.2a4.764 /1,1ta,loa $1,392,066 18.611%
~f tS
1816 1,417,886 1,002,143 2418,628 20,782,077 1,,1L
19811 133,418 21,706 167,148111 20,661,061 0.76 ft
r t„8111. 2.803,$23 , 3,663.923 36,178,485, , 14;66 ! } e
' .e 18q 2,140,771 2,024,010 4.184,783 27,147.267 16,01
1499 3.1114,167 11,1641484 3,608,631 32.860,813 1511 ,
1860 2,!01,062 2,323,1160 4686,442 $216101610 14.06
1661 2,714,488 2,106,106 4,811,773 33,18!,466 14.611
1,607,167 1,641,101 4,410,180 34,109,621 12.61 i,
1103 2,648,068 1,663,881 4,609,019 34,101,1169 12.14
111 UioludM 34nMd, gWW Ravems and Debt "vIcs ;g
1 W b.bc 6wvIce verirn s dw to 1 Ste rnNun&V of d.a
,
14
,
S•
•124•
CpItOr4h6A31tf6 A+rwal FkW" NOW..
+ x
CITY OF DENTON, TEXAS
I
s
I
e I
a
r. ~
Y
1 AT',
} I
III . ' 3i
~ a r 1 C~
Y 1Y.
1•'
~ V
}
r I.
p'F (1 - ~ fry Yi4:
I, ti' •.126
Il7l
r ,t 1.
!
CITY OF DENTON, TEXAS
II Y~~
f RE rENUE BOND DEBT SEf.111CE COVERAGE ;
LAST TEN FISCAL YEARS
P~
Not AEVBMb f
p Opentinp Dlrect OWIft AvoilaW for Debt
' Revenly ~cperuet lt1 Servke
you
r"{ r 1994 456.539,035 138,766,833 ~115:973,402
F~i
11 Fµ\..
1888 67,641,640 62,104,588 15.437,061
1988 73,607,976 68,011,014 14,696,964
T'1~4J, f4'
1987 13,120,971 89,929,407 13,281,694 ry
s~ 1898 7,3$3,688 81,203,168 12,180.398
N71, 1988 77,388,1.7 ` 80,247,323 17,417,614
1890 7d,tY4,699 56r568,180 11,566 439
,f s
i. 1991 ~ .80,489,179 ` 6!!,731,232 29,738,217
1994 82,214,582 80,613,282 " 21,801,300
4 i 1893 68,306,207 ; 63,133,847 !1,671,380 1 T,
~3~t " Ii ' ; {i1 &ehrdin9 Deprecletbn _ - r ' . ~4,
L1y I i ~r
s
.14a•
„ C, *Vwk*d Annwl Frwtaw R.voA __y '
r
yl'1 '3•
e ~Qu 1~ M'S}":FJI .A. t I '
1
,
CITY OF DENTON, TEXAS
C t
!
,
Tubb 11
a,
e•
z . :Dept 6ervica IbOulremeMt
$2,338,712 14,388,712
r s 3,800,808, 5,638,806 2.114
1,736,000
x 2,046,006 3,880,161 6,826,1611 2,48
R 2,0203,482,650 6,482,00 ' `2.42
2,118,009 r, 3,334,428 , 8,4631428 2.23 4
, P t~*
2,260,060 o 3,380,617 5,638.817,> 5.04
kFl 3 P 2,490.660 ;r 4,274,249' 8.704,239' 'a x.22
ij, . 2,000,000 4,618,666 7,446,846 -4.18 '
3,664,000.::. 4,2110,138 7,766,1382.79 i
3,656,000 4,306,073 " 7,840.073 2.78
iFr, ^ 'f;
St~ fa'g'.
+y s p
,r
F+
s
, r
h:
, ~•:4'. • fps:
• 12'7 .
1i
CbtprahmrW4 AmmW Fl *MW RaW
f~...._ M12 .ace. r. s,r ms ra.-.,.+. .r ._wW'Al t/s f^ . rMS4y. sYUwL -•.r - +,e.,-v. . _:„w,~ .:r lJf)7l ra > ~{ti'.: i+l
` ~ 4C
p5:
j
. r
CITY OF DENTON, TEXAS
q Im
PROPERTY VALUE, CONSTRUCTION AND BANK DEPOSITS
I LAST TEN FISCAL YEARS
Comm" L l,
Coatvucom (1) !
final Property Value f UWNW
nits Valve
Year an thou:endsl o -
1184 61,127,687 281 $61,264,078 "
. 10,
1186 1,164,036 ' 646 88,788,7i11
41.462,104
k ' . " " I 1986 1,443,843 460
i. j 46,819.466
1887 1,820,464 227 k
1986 2,060,296' 113 211927,481
1986 31,379,6`17
2,138.361,
;
31139,002. 134 G.42 7,010
< . 1990
6,`149,673
. FL', k 1061 2,038,603 70
1992 1,961,304 182 40,338,281 A
3993 1,881,122 211 30,820,984
E
rw , r
1' k 111 City of OentoA Aomfv and Oevekvrm Oepartment fatkrute
12)'Cfty of Denton Chamber of Comme+ce Ewrftte y
r .
f.
X128.
Ce v0*ieba AmW fa uftM Report
~
1
n„aFo~w•avrrswwM+wn.n+1•..{re~yta `rny+...,p..4rHVa....: a_...... ~ _r
T" 12
g
'rr
,r_
w' Rssida"flal CansytOon_111
Back 121 i
t y: Number DeDOahe
r} 01 Ursa Value M thowand:l I
r
I- L
a! y ' i 6e4 049,273,898 1386,000 ,
' f e18 48.996,190 476,179.
y
ae. 873 64,973,128 681,$18 I
i
467 33,817k130 467,604 r.
304 24,67 ,039 684,178
r 666 829
` 268 21,9 f 617,'
20#10~d~" 714,892
3~e
~s w
161 1414,469 i 6e6,e30
r irr y„.
i" ,tee 22,1117,221 ed3,162
311 26,2!1,720 . > r .',F e71,121
{Ld )r , r - ~ r r r _
to r i~
411
5 ~ II{ K rv
rJ rl •129 I it,'.
~ - QelryMellMel11~A1MM{rPll~efK~elLAap0R -
L
r f 3'
e~ Wk ~1 s;l`f, ~i
1. ~ ~
xelf
...7fF`rn,a-..: ,,r. - . ...<,v..v w..n•i'.°rooF+14
CITY Of DENTON. TEXA8 k
i
{
~ 1 j P t,
r
a ~ M ~ Y
yl 'r z c {
41
r 1 r 14
, # f
1 1 ~
P
{V T
i
4 w: t k
.
1
T 72,
1
Y s - l'4A1prdlMNlr~ Aftd NW" Now
.
'}i ~y Hit 1
1
„N
CITY OF DENTON, T)U4S ;
1`*$ 13
' PRINCIPAL YA*AYMS
r SEPTEMM 30, 1913
> is PerceMape of
r•
Total Taxable,
} Taxable Assessed
Narrw of Taxpsy Atseseed ;
er : Kind of Property ' VslwtlaS + Valwtion
Texas kitrti" g - -
orac 1 36,168,!>A3 1.A11i "
,,y-~,', ?M+iufaclirtnp
A R Qsnsrs) 7aMplgr» TaI"hom Utift $5,370,011
1.80%
" + P~WENt1PacCar Maul Trucks
31,382,247 1,18% i
4~ , XIbM x
Packkp MsrNAactvkq.,. 31,61/,~6b. ~1J0%... i r,:
" NoNrtAlLMrarnirk}1 plt: ""Ohl Ind 22,119,636 1.111
DeAt6rt Mi. Med. Center Prof"Ildr l ButWtnp n }
3 lu! t At*** CmpOndon EleetrorOc Equlprnent 17,112,212
t.
°k' 1 } ' r~+an11 1rkk Malwf , 0.12'K
t" 1 G aCftxt"
13,194,747
a ,r r
;nr r , OoIQM Trisigk Mal r & Pwa Mal 12,447,714 0.6711 ~
Y M
Vkta Sgrlpmu+t Weldin8 Edulpmenl H,ba8,161 0.62%
w ( 9* Iesuty Supply Comotw supply Dist 11,1139,661 0.60%
' 4 . ; s 1221,106,211 ` 1i.1476
e 'ta a- , t rr~rrrr~r. rs»wrrrrrr '
,F
'fir' ~+n c
r fir' t
" ! , "Source; DsAton Central Appraisal Wsukt Reported Property value, 1982
F`
r. 'r • 131 ~ i Cwho* Wvo AwAW FYwnobl Aspmt
v r
CITY OF DENTON, TEXAS
ter
SCHEOLU OF INSURANCE IN FORCE
SEPTEMBER 30, 1993 y
The C ty of Denton 10 largely "if-lnwed. This Includes but Is not limited to the first 450,000 of each
property. 1014 and 410,000 of each vehkie loss. However, PaNky policies are purchased for airport, s
psrsm*e clEMT, rerxeatlon'proQram and employes dishonesty exposures. Exposures that are not retained
by the City are covered by various Insurance companies lncludinp:
Expiration i
13 Insurance Company Premium Policy No. Date 1
r
1 ArkwAght 4 22,022 21035013 10101194
2., A&Wrlpht 891850 21026025 10101/94
3. U S A.I.Q 8.000 AL01459 101101/94 `s
s f.; (wm s conon AKOalp+ka}
s 4. Westerm World Insurance Company 8,300! GLA318087 01131194 E M
i 5. Western Heritage insurance Company 1054 CLP-018412 08123/94 i
8. Western Herhapf Insurance Company 1,810 CLP-0161855 09101194
x 7. National Union Firs insurance 32,240 POL•430-52.38 07/17194 r3 °4; j
Company
Lf:
Corwoluritive ANNW Fbandtl Rom
-
r
.-ir*+Y r(thdl^Jeiq^^rorq^nn J.F.a ;s,...,. „
CITY OF DENTON, TEXAS
^ 4'
i
Tabs. 14
rr
a
a Amount of
t, atr ~ ~
} 37ry J CoV
T
1143,317,000
Bolles grid Machinery ; .
,
+ AN F04 /~ovyfty 143,33700 ,
,
6 OOb
Wbitlry 4400 ;
N rt and Hai*r $.W f
AmWofte•ProfeedonalOlity 600,000
, t . ~ r .
i ~ pamtloo Mot SohW Action PMram • MLX
117.{x: + ,t. 1.! 1/0001000 4KJ~
~ ' gecrwtion Aftet School Action Program • Denis
r
m r n 1,000.000
Pubk Of Wl U*bNity r
14
F ,r,;
f'
I C 4~a~; ti `~:i 1
~AZ,1 ft ~`I1 I'
r,
r,
F
J f 4 t+tir`.y -1.c
F-w
H
CITY OF DENTON, TEXAS
i
j DEMOGRAPHIC STATISTICS a s
LAST TEN FISCAL YEARS
i
1 Per Capita I
F" Year Popth6w (1) kicome (1) Average Age
i 1984 57,703 48,040 26.8
1986 81,237 8,616 28.2 w`
' 1888: ; 64.480 9,746 27.4
t A 1987 861191 9,760 27.6
1988 65,623 9,760 27.6
g ;
1969, 88,011 9,760 28.2
h t ; 1970 ; R' 48,270' 9,750 30.1
s t 1991 86,470 9,760 30.7,
III
I x41964 68.900 9,760 ;w 30
1993 47,404 9.760 36.7. % • Y
I
r; Itl Plerw,inp and Community Development Oepertment'e Estimate `
121 Denton lndepand"t SoW Dietftt EsOrwate
181 Yaxae Emptoymeat CoaWsolon EmImme
' + ' 1990 Censw
r ,
f 4 y' e
, r
, ai : 4 ~ _ t 54e.
a'
tl' u
! , A!r
'r
•134•
' Canpnhenelve A&wW Flnenotel RpoR - - - . c'(
+t
a
z
r ,
1 `
.
r
:r CITY of DEMMN, TEXAS
T" 15
a, Education Level In PLtk Scholl lfnempfoYmeM
Rate 131
e44 School Yews (1) @rxonment 12) _ j
8,914 3.8
15.8 ;
t 5.8 9,518 7.6
15.8 9,918 8.2
a j 9,899 B.4
15.8
10,180 C.2
4~ § 15.8` 10.275 7.6 i
10 698 5.4
We ~ A
10.860 7.5
°
11,233 7,7
{'qe'
15.8 111850 6.2
o „,k
1
4,1
`t
•138•
t
R _ _ CpnpeMnaMe Amin Flrwn" Report
1 t rv,::•1. Iii i'1 j'.!. f-xl n~G:.,1 v. :+"•`dx
A4 ,
t r
v
C11Y OF DENTON, TEXAS A
- (yF
T" 16 ti
M l8CELLANEOUS STATISTICAL DATA
SEPTEMBER 30, 1993 t'
.r, . , r.
Forth of Govemment CouncO Manager I I~A
T
54.06 square miles
Area
Date of Incorporation September 28, 1866
Miles of streets 260
Number of Street lights 4,665
► 1:
F`re Protection: 6
Number of statira r
Number of firemen and offices 94
(exclusive of volunteer firemen)
Police Prctectiom 1
Number of stations 101
Number of W"men and ott'reai
MurtidW Electric Department.' 28,739
Number of Customers 830,225,393 KWH
Anrwal electric prO&46606 88,185,449 KWtf
rt ' Average monWy cw*JffVt;w 485 miles
miles of alectrla one
Munidp&l Water Department: i'
Number of cwttomers 44,228,757
Annual water Drod~n ,228,,243 90"
i 352,229,770 gallons
Avefage monthly conVLPVtion 298 mies
d Mike of water main
Murdpal Wastewater Department: ,
i mber of custonws 16,923
Nu
Miles of sanitary sewer 332 rrtilea
AN" wastewater discharge 3,438,300,000 galionsJyear
Building Permits issued 878
fk;
ltecreaWn and Culture: 18 with 542 aces
Number of Oft 1
Number of libraries 134,700
hems in ocul3tion i
r!
Fmplgees Funds): 178
FNxonexempt
Total 645
{
-138•
con eharaNS Annwl Fiaarkial Report
v
i
i
1 J ,
E
JI
i
• !ii
1i
1 . `
E Z
IF I Lmw EFM
!
r ~ ~