090922 Friday Staff Report City Manager's Office
"F 215 E. McKinney St., Denton, TX 76201 • (940) 349-8307
DENTON
MEMORANDUM
DATE: September 9, 2022
TO: The Honorable Mayor Hudspeth and Council Members
FROM: Sara Hensley, City Manager
SUBJECT: Staff Report
Upcoming Meetings
A. Public Utilities Board on Monday, September 12, 2022, at 9:00 a.m. in the City Council
Work Session Room.
B. Development Code Review Committee on Monday, September 12, 2022, at 10:00 a.m.
at the Development Service Center.
C. Historic Landmark Commission on Monday, September 12, 2022, at 5:30 p.m. at the
Development Service Center.
D. Library Board on Monday, September 12, 2022, at 5:30 p.m.at the Emily Fowler Central
Library.
E. Parks,Recreation and Beautification Board on Monday,September 12,2022,at 6:00 p.m.
in the Civic Center Community Room.
F. Work Session of the City Council on Tuesday, September 13, 2022, at 2:00 p.m. in the
City Council Work Session Room.
G. Economic Development Partnership Board on Wednesday, September 14,2022, at 11:00
a.m. at the Development Service Center.
H. Airport Advisory Board on Wednesday, September 14, 2022, at 3:00 p.m. in the Airport
Terminal Meeting Room.
I. Work Session of the Planning and Zoning Commission on Wednesday, September 14,
2022,at 5:00 p.m.in the City Council Work Session Room followed by a Regular Meeting
at 6:30 p.m. in the Council Chambers.
J. Committee on Persons with Disabilities on Thursday, September 15, 2022, at 3:00 p.m.
at the Development Service Center.
OUR CORE VALUES
Integrity • Fiscal Responsibility • Inclusion • Transparency • Outstanding Customer Service
General Information & Status Update
A. Fire Department Survey—The Denton Fire Department is seeking feedback from external
stakeholders through a community-wide survey that is available online. The survey will
highlight the community's perceptions regarding the department's strengths, weaknesses,
and opportunities for improvement. The survey link will remain open from Sept. 1 to Sept.
30, 2022, with the results expected to be published in October. Staff contact: Kenneth
Hedges, Fire
B. Pecan Creek Regional Trail Master Plan Update—Halff Associates began the master plan
project for the Pecan Creek Trail on June 6, 2022. Through the summer months, Halff
worked closely with the following city departments to identify a trail design for initial
public input:
• Parks and Recreation
• Environmental Services & Sustainability
• Capital Projects/Engineering
• Development Services
On August 31, Halff and the Parks and Recreation Department (PARR) held a virtual
community input meeting and presented the design for the Pecan Creek Regional Trail
Master Plan. There were 23 community members in attendance. The feedback received
was related to the start of construction, connection to neighborhoods within the proposed
design, and access to the DCTA/Katy Trail. The community meeting was recorded and is
available online to allow those unable to attend an opportunity to view the project and
provide input.Project updates and related documents are provided by project planning staff
for public review and can be found on the Pecan Creek Master Plan Discuss Denton
webpage.
PARD staff asks for Council assistance in sharing the presentation link with community
members. In addition, staff will schedule an additional in-person input meeting or open
house later this month, with more details to follow. The conceptual design is intended to
be presented to the Parks,Recreation,and Beautification Board on October 3. Staff contact:
Chris Escoto, Parks and Recreation
C. Briercliff Park Master Plan Update — Working closely with the Parks and Recreation
Department, McAdams Co. kicked off the Briercliff Park master plan project on May 30,
2022 and received feedback from the Development Services Review team for the
conceptual park design. On September 1, the City held a virtual community input meeting
and presented conceptual renderings. The meeting had limited attendance, however, the
feedback received was positive. Prior to hosting the public meeting, PARD received
various comments from community members on Discuss Denton and on social media about
desired park amenities. Staff are scheduled to present the conceptual design to the Park,
Recreation, and Beautification Board on October 3. The community meeting is available
online. In addition, McAdams Co. and PARD created a survey to capture the splash pad
amenities featured in the presentation and any other features desired by the community.
Staff encourage Council to share the presentation and Discuss Denton links with interested
community members. Staff are also identifying additional dates to conduct in-person
community meetings. Staff contact: Chris Escoto, Parks and Recreation
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D. Pre-Emergent Treatment Begins on City Properties — The City will soon apply a pre-
emergent herbicide to parks and City-owned properties beginning on or around September
19. The pre-emergent is being applied as part of the City's Integrated Pest Management
strategy.
Pre-emergent creates a barrier at the soil level that keeps seeds from unwanted plants from
germinating. The City applies pre-emergent every year to help maintain attractive,healthy,
and vigorous turf at all City properties. Residents should avoid contact with areas treated
with pre-emergent for a period of twelve hours following application. Parks maintenance
staff will ensure informative and clearly visible signage is posted at all application sites.
The signs will remain posted for a minimum of 48 hours after application. Staff contact:
Marshall McGee, Parks and Recreation
E. "Dog Star" Sculpture Installation at Bonnie Brae Roundabout — On September 3, artist
Elizabeth Akamatsu and her installation crew placed Denton's newest work of public art
at the center of the roundabout at Bonnie Brae and Scripture. The sculpture is inspired by
Sirius, the brightest star in the "Great Dog" constellation known by its Latin name Canis
Major. The shape of the artwork reflects what we see in the night sky as the bright "Dog
Star"is in fact a binary system of two stars in orbit around one another. Staff contact: John
Whitmore, Parks and Recreation
J
i
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Responses to Council Member Requests for Information
A. Chip Seal Crack on Malone St — On September 3, a resident notified Council Member
Davis of a large crack in the seal on Malone St. Staff investigated and determined the crack
in the asphalt was caused by the shrinking and expansion of the soil this year from the
drought and rain. The crack is scheduled to be resealed by the end of the month, weather
permitting. Staff contact: Daniel Kremer, Public Works
3
B. Be the Match Partnership Inquiry — On September 7, Council Member McGee inquired
with staff about the possibility of sharing the story of a local Be the Match advocate and
their cause in securing blood marrow donors in the community. Staff assisted the advocate
in registering for the"Presentations from Members of the Public"portion of the September
20 City Council meeting. Staff contact: Ryan Adams, City Manager's Office
C. Inquiry on Business Rights and City Regulation — On September 8, Mayor Hudspeth
requested information and/or educational material explaining the rights of businesses,what
and how the City does or does not regulate, and any ordinances that may apply regarding
events businesses host. Staff advised the City would not regulate an event such as this
unless it met the definition of a special event under code. Zoning does not prohibit the
event as the business is categorized as restaurant use. A restaurant use is deemed to include
accessory uses typically associated with the use, such as indoor shows and other group
events that don't impact City resources or public safety. Public safety relates to prevention
of crime, fire, and disaster; it does not relate to opinions about activities protected by the
First Amendment. Based on the available information,the proposed event is not a sexually
oriented business under the City's zoning.
Should a business hold a temporary event that draws over 200 people, uses city resources
or property, and/or could impact public safety, a business would need to obtain a special
event permit from the Parks and Recreation department. Staff contact: Scott McDonald,
Development Services; Mack Reinwand, City Attorney's Office
D. Flooding in Muzquiz, Coahuila— On September 9, Council Member Davis inquired as to
whether the City of Denton has any plans in the works to send aid to the city of Muzquiz,
Coahuila, Mexico following recent heavy rain and flooding. The City is not currently
sending aid or organizing a supply drive;however,residents have organized collections, as
indicated in a recent Denton-Record Chronicle article. Staff contact: Monica Benavides,
City Manager's Office
Upcoming Community Events and Meetings
A. Dog Days of Denton — Quakertown Park will host the 28t' Annual Dog Days of Denton
this Saturday, September 10. The park will be filled with PAWsome vendors, activities,
and food for the whole family, including your 4-legged friends! Additionally, the Civic
Center Pool will be open for dogs to swim and play! The event runs from 9 a.m. to 2 p.m.
at the Civic Center Pool. Dog Days of Denton is sponsored by the Denton Parks
Foundation. Staff contact: Arianna Bencid, Parks and Recreation
B. Senior Center Volunteer Appreciation — On Thursday, September 15 at 6 p.m., senior
center staff will honor senior center volunteers from both American Legion Hall Senior
Center and Denton Senior Center for their hard work and dedication to the programs and
activities at each location. This year's event is superhero-themed, as all our volunteers are
superheroes for the community. Dinner will be catered by Cotton Patch Cafe and each
volunteer will receive a token of appreciation. Staff will also do a special recognition for
the two volunteers with the most hours over the last year. Staff Contact: Nicole Brasher,
Parks and Recreation
C. Know What to Throw? —Whether you're new to the city or just need a refresher,join the
staff at the Emily Fowler Library for a workshop on how to correctly dispose of tricky
items and determine whether an item goes in the trash, recycling, yard waste, or home
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chemical collection. The event will be held on Thursday, September 15, from 6 p.m. to 7
p.m. and registration is available online. Staff contact: Katherine Barnett, Environmental
Services and Sustainability
D. Hispanic Heritage Month Celebration— The Parks and Recreation Department will host a
Hispanic Heritage Month Celebration on September 17, starting at 10 a.m. at the MLK Jr.
Recreation Center. This year's theme highlights "UNIDOS: Inclusivity for a Stronger
Nation" and will feature keynote speaker Lilyan Prado-Carillo. Prado-Carillo is currently
a bilingual specialist at Alexander Elementary and was awarded the Estrella de Tej as award
from the Hispanic Women's Network of Texas in San Antonio for her leadership and
contributions to the community. The event will also feature various vendors,resources,and
raffles. Staff contact: Yosselin Muller, Parks and Recreation
E. Composting Workshop—Compost is the single greatest soil amendment you can add to set
your garden and landscape up for success! Learn how to make high-quality compost at
home using materials most folks throw away. We'll give you the dirt on the most effective
composting materials and methods. The event will be held on Thursday, September 22,
from 6 p.m. to 7 p.m. at the Emily Fowler Library, located at 502 Oakland St. There is no
cost to attend, and participants can register online. Staff contact: Katherine Barnett,
Environmental Services and Sustainability
F. Chief of Police Swearing-In Ceremony—The community is invited to attend the swearing-
in of Doug Shoemaker as the Denton Police Department's Chief of Police at 2 p.m.
Monday, October 3 at the Public Safety Training Center at 719 E. Hickory St. RSVP
information to follow. Staff contact: Frank Dixon, City Manager's Office
G. Dia De Los Muertos Celebration— The Parks and Recreation Department will host a Dia
De Los Muertos Celebration on October 15, starting at 10 a.m. at the MLK Jr. Recreation
Center. The celebration will feature keynote speaker Dr. Valerie Martinez-Ebers, who is a
Distinguished Research Professor of Political Science and Director of the Latina/o and
Mexican American Studies Program at the University of North Texas. This event will also
feature various vendors, resources, and raffles. Staff contact: Cheylon Brown, Parks and
Recreation
Informal Staff Reports
A. 2022-056 Third Quarter Grants Report.................................................................................6
B. 2022-057 Quarterly Financial Report—June 2022.............................................................10
Council Information
A. Council Requests for Information.......................................................................................58
B. Public Meeting Calendar.....................................................................................................60
C. Draft Agenda for September 13 Special Called Meeting...................................................64
D. Draft Agenda for September 20 Council Meeting..............................................................66
E. Future Work Session Items.................................................................................................80
F. Street Construction Report..................................................................................................82
5
September 9, 2022 Report No. 2022-056
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Third Quarter Grants Report
EXECUTIVE SUMMARY:
The City of Denton's Grants Management Office (GMO)routinely searches for and reviews
notices of funding opportunities (NOFOs) and facilitates the grant application processes with all
City departments. Beginning with the third quarter of FY 21-22, GMO will prepare a quarterly
report outlining grant activities and provide a snapshot of grant statuses.
DISCUSSION:
GMO searches for and reviews notices of funding opportunities (NOFO) as well as facilitates the
grant application processes with all City departments. Regional, state and federal grants are
evaluated for eligibility requirements and shared with departments. GMO receives NOFOs
through subscriptions and by monitoring state, federal, and grant-related websites. GMO also
works closely with the City's federal government consultant, CapitalEdge, to identify and
monitor new and existing federal funding programs. Departments are made aware of upcoming
grant opportunities and are aided through the application, monitoring and reporting process.
Grant proposals are reviewed by the Grant Review Committee (GRC). Recommendations are
made by the GRC on moving forward with the applications.
The GMO is also responsible for the administration of the Hotel Occupancy Tax (HOT) Fund
and Sponsorship programs. Both programs provide support to non-profit organizations in the
community. The Community Partnership Committee (CPC)reviews applications for funding and
makes award recommendations to City Council. This year, the Parks and Recreation Co-
Sponsorship In-kind program was merged with the Sponsorship program. CPC met in June to
review the updates to the HOT Fund and Sponsorship programs.
The City currently has 21 active grants across seven departments totaling $9.9M in funding. This
represents competitively awarded grants and does not include block grant funding, Sponsorship,
or American Rescue Plan Act (ARPA)projects. In the third quarter, two grant applications were
submitted for requests totaling $610,532. Notices of award were received on two grants for
$3,848,243 and one grant application was not awarded. Additionally, approximately $5.1M of
the first tranche under ARPA has been spent on approved projects. The second, and final, tranche
of$11.6M was received in the third quarter. Recommendations for the use of the funding were
developed as part of the FY 22-23 budget.
ATTACHMENT(S):
Q3 Grant Report
STAFF CONTACT:
Laura Behrens
Assistant Director of Procurement, Warehouse, Grants
Laura.Behrenskcityofdenton.com
6
Grants Management Office
3rdQuarter Report /
The transition of the Hotel Occupancy Tax (HOT) Fund and Sponsorship programs to the Grants Management Office (GMO) is
complete. The GMO updated the guidelines and created new applications for both programs. GMO also facilitated the
merging of the Parks and Recreation Co-Sponsorship In-kind program with the Sponsorship program. The Community
Partnership Committee (CPC) reviews applications for funding and makes award recommendations to City Council. CPC met
in June to review the updates to the HOT Fund and Sponsorship programs.
Existing grants are monitored and new opportunities are evaluated. Grant proposals are reviewed prior to application by the
Grant Review Committee (GRC). The GRC makes recommendations on proceeding with the proposal. GRC and CPC meetings
are coordinated by the GMO. GRC reviewed 2 grants in the third quarter.
- . .
Pr
low Texas Commission of the Arts Parks $12,000
Active Grant
Texas Parks and Wildlife Parks $598,532
Department
- .
TXDOT Green Ribbon Parks $773,665
• • DCTA TRIP Capital Projects $3,074,578
• ' • - • ms"W"1�Kalawmmm
Aw Ama Ai NCTCOG EV Chargers DME $235,684
*Competitively awarded grants—does not include block grant funding,Sponsorships,or ARPA
7
Federal Grants Highlights
Two major funding initiatives by the Federal Government are being monitored and reviewed with the assistance of Capital
Edge: American Rescue Plan Act (ARPA) — State and Local Fiscal Recovery Fund (SLFRF) and Infrastructure Investment and
Jobs Act (IIJA). Approved programs under the first tranche of ARPA-SLFRF continue. The second tranche of $11.6M from the
ARPA—SLFRF was received in June and recommendations for the use were developed as part of the FY 22-23 budget.
Federal Grants Reviewed Program Status Description
Low Income Household Water ARPA Under Review W/WW to households with no service and assistance to
Assistance households in arrears; Administered by Texoma COG
Section 8 Supplemental Funding ARPA Under Review Clarification on use of funds for affordable housing
ARPA-SLFRF Program Oct-Dec 2021 Jan-Mar 2022 Apr-June 2022 YTD
ACTUALS ACTUALS ACTUALS ACTUALS
Community Services-Grant Programs $ - $ - $ 631,719 $ 631,719
Community Services-Temp. Alternative Shelter $ - $ 170,488 $ 238,764 $ 409,251
Fire-Vaccine Support $ 1,567 $ 22 $ - $ 1,589
Fire-Emergency Mgmt. Coordinator $ - $ - $ 52,085 $ 52,085
Fire-Street Outreach Paramedic $ - $ - $ 39,232 $ 39,232
Police- Street Outreach Caseworker $ - $ - $ 32,604 $ 32,604
Police- Street Outreach Vehicle $ 44,950 $ 44,950
Economic Development-Grants $ - $ - $ - $ -
Facilities-COVID Update $ - $ - $ 93,628 $ 93,628
Loop 288 Building $ 474,853 $ 3,295,440 $ 3,770,294
Administrative Costs $ 71,593 $ - $ - $ 71,593
Total $ 73,f60 $ 645,363 $ 4,428,422 $ 5,146,945
Federal Grants Reviewed
IIJA, also referred to as the "Bipartisan Infrastructure Law" or "BIL", focuses on energy, transportation, water/wastewater,
sustainability and broadband projects. Much of the funding is appropriated to existing Federal and state grant programs by increasing
the annual budget over the next 5-years. Federal allocations are expected related to energy resiliency programs. As guidelines and
NOFO's are released, the information is shared with Departments.
Federal Grants Reviewed Program Status Description
Reconnecting Communities BIL Under review Planning/construction of transportation projects
including trails
Safe Streets & Roads for All BIL Review in FY 22-23 for Vision Zero Roadway safety action plans and project
projects implementations
Bridge Improvement Program BIL No eligible projects identified Bridge replacement, rehabilitation, preservation
Railroad Crossing Elimination BIL Under review Grade separation, track relocation/closure, safety
devices
Preventing Outages & Enhancing BIL DME engaged / monitoring State formula grant administered by Texoma COG;
the Resilience of the Electric Grid Competitive grant NOFO expected in the fall
Other Federal Grants Reviewed Program Status Description
Continuum of Care Homeless HUD Under Review CoC program to reduce unsheltered homelessness in
Assistance (CoC) rural areas
9
3
September 9, 2022 Report No: 2022-057
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Quarterly Financial Report for the period ending June 30, 2022.
BACKGROUND:
Attached, for your review is the Quarterly Financial Report for the period ending June 30, 2022.
If you have any questions or need additional information,please let me know.
STAFF CONTACT:
Cassey Ogden, Chief Financial Officer
(940) 349-7195
cassandra.ogden@cityofdenton.com
10
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About This Quarterly Financial
Report
This report has been prepared by the City of Denton's Finance
Department. The Quarterly Financial Report is intended to provide
our users (internal and external) with information regarding the City's
financial position and economic activity. This report includes
information for the quarter ending June 30, 2022.
This report is presented in four sections.
1 . The Executive Dashboard section contains a high level
summary of the major operating funds using graphic
illustrations and key economic indicators. Narrative disclosures
are also included to highlight any significant changes or
fluctuations.
2. The Financial Summary section reports the performance of the
major operating funds of the City. In addition, the report
provides preliminary actuals and a comparison to the budget for
major revenue sources and expenditure items.
3. The Revenue & Economic Analysis section provides additional
analysis regarding key revenue sources and economic
indicators.
4. The Quarterly Investment Report section provides a summary
of the City's investment portfolio, interest earnings and a brief
market outlook.
The Quarterly Financial Report is intended to provide our users with
timely and relevant information. Please provide us with any
comments or suggestions you may have. If you would like additional
information, feel free to contact me.
Cassandra Ogden
Chief Financial Officer
215 East McKinney Street
Denton, TX 76201
940-349-7195 12
Section 1
City of Denton
Quarterly Financial Report
June 2022
Executive Dashboards
13
City of Denton, Texas
CITY
General Fund Executive Dashboard
DENTON
FY 2021-22 FY 2021-22 FY 2021-22
ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET' ACTUALS ANNUAL VARIANCE Revenue & Expenses (in Millions)
Beginning Fund Balance $140 ■YTD Revenue ■YTD Expenses
as of 09/30/21 $ 39.39 $ 38.63 $ 38.63 $130
RESOURCES: $120
Ad Valorem Taxes 49.73 48.46 49.31 -1% $110
Sales Tax 46.25 38.65 52.00 12% $100
Franchise Fees 3.63 2.31 3.45 -5% $90
Other Taxes 0.44 0.29 0.42 -5% $80
Service Fees 8.61 6.26 7.68 -11% $70
Fines and Fees 2.63 1.35 2.24 -15%
Licenses and Permits 6.08 6.23 8.00 32% $50
Miscellaneous Revenue 3.94 3.04 3.19 -19% Sso
Transfers In 29.01 21.22 27.26 -6% $40
Total Revenues 150.32 127.81 153.55 2% $30
$20
Total Resources 189.71 166.44 192.18 $10
EXPENDITURES: $
Personal Service 104.16 76.82 101.68 -2% 'titi titi titi ti� ti� ti� ti� ti� ti�
Material and Supplies 3.59 1.81 3.18 -11% p°` �oJ oar �a� �e� a�, �� aA
Maintenance and Repairs 1.88 1.17 1.90 1% P
Insurance 1.63 1.08 1.93 18% Sales Tax Monthly Average by Quarter
Miscellaneous 1.74 0.68 1.23 -29% $4.5
Operations 17.62 11.77 16.68 -5% $4.0
Transfers Out 20.10 17.26 24.14 20%
Fixed Assets 0.58 0.34 0.56 -3% $3.5
Total Expenditures 151.30 110.93 151.30 0%
$3.0 Net Income (Loss) (0.98) 16.89 2.25
$2.5 -
Ending Fund Balance $ 38.41 $ 55.52 $ 40.88
$2.0 -
Key Trends $1.5
➢Projected revenues for sales tax,and licenses and permits projections are exceeding budget due to growth. $1.0
➢Personnel Services expenditures are projected lower than budget due to salary savings. $0.5
➢Transfers expenditures are projected higher than budget due to funding athletic field lights in FY 21-22 for 1.4M
and one time supplemental packages. $_
ti� tia ti� ti° ti° ti° ti° titi titi titi titi
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was
estimated in the FY 2021-22 budget process.
Note: All figures presented are in millions of dollars.
14
City of Denton, Texas
Electric Fund Executive Dashboard R 'w�t9
D E N T O N ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET' AC TUALS ANNUAL VARIANCE
Beginning Working Capital $zso Revenue & Expenses (in Millions)
and Reserves as of 9/30/21 $ 109.04 $ 119.50 $ 119.50
RESOURCES
$zoo
Rate Revenues 163.52 107.77 175.04 7%
Transmission Revenue 56.16 39.98 54.10 -4% $150
Other Revenues 4.75 18.54 22.02 364%
DEC Revenues 21.30 28.47 57.35 169%
Total Revenues 245.73 194.76 308.51 26% $100
Total Resources 354.77 314.26 428.01 $50
EXPENDITURES:
Purchased Power 75.40 54.91 93.79 24% $0
DEC Fuel 12.48 13.16 38.22 206% Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
Transmission of Power 19.18 13.99 19.18 0%
Personnel Service 20.10 15.09 22.39 11% ■YTD Revenue ❑YTD Expense
Operation and Maintenance 38.13 27.27 38.60 1%
Debt Service 58.98 53.33 62.08 5% 2016-2022 Historical Quarterly GWH Sales
Transfers Out 16.21 12.61 16.62 3% 600
Capital Outlay 0.26 0.13 0.14 -46%
Total Expenditures 240.74 190.49 291.02 21% Soo
Net Income (Loss) 4.99 4.27 17.49 400
Ending Working Capital
300
and Reserves $ 114.03 $ 123.77 $ 136.99
TrendsKey
200
➢Rate Revenues are projected above budget due to warmer than normal summer temperatures. 100
➢Other Revenues are projected above budget due to proceeds of$15.2 million from the sale of the TMPA Coal Mine.
➢DEC Revenues are projected above budget due to increased energy prices.
➢Purchased Power and DEC Fuel expenditures are projected higher than budget due to increased energy and energy/fuel 0 A16 1&7 A17 1Q18 A18 1g19 A19 102O A20 1Q21 A21 1Q22 3Q22
prices.
➢Personnel Services expenditures are projected higher than budget due to overtime costs.Overtime was budgeted based Note: All figures presented are in millions of dollars.
on lower hours in order to prevent use of reserves.
'Annual adopted budget as amended or modified. Beginning Fund Balance represents the amount which was estimated in the FY 2020-21 budget process.
15
City of Denton Texas
crTv 1F 0 Water Fund Executive Dashboard - -
DENTON FY2021-22 FY2021_22
ANNUAL, YTD PROJECTIONS Revenue & Expenses(in Millions)
DESCRIPTION BUDGEI't ACTUALS ANNUAL VARIANCE $40
Beginning Working Capital $35
and Reserves as of09/30/212 $ 20.55 $ 24.58 $ 24.58 $30
RESOURCES:
$25
Water Sales 41.42 29.84 40.98 -1%
Other Water Revenues 2.19 1.44 1.73 -21% $20
Transfers In 2.03 1.52 2.13 5% $15
Impact Fee Revenue 6.61 4.95 6.61 0% $10
Total Revenues 52.25 37.75 51.45 -2% $5
Total Resources 72.80 62.33 76.03 $-
EXPENDITLIRFS: Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
Personnel Service 9.01 5.72 8.04 -11%
■YTD Revenue ■YTD Expenses
Operations,Services 11.97 7.47 11.98 0%
Capital Outlay 12.95 4.12 13.70 6%
Debt Service 10.84 10.45 10.84 0% 2015-2022 Historical Quarterly Gallons Sold(in Millions)
Transfers Out 6.48 4.32 5.77 -11%
2,500
Total Expenditures 51.25 32.08 50.33 -2%
Net Income(Loss) 1.00 5.67 1.12
2,000
Ending Working Capital
and Reserves $ 21.55 $ 30.25 $ 25.70
1,500 A A A A A
Key Trends V V V V
➢ Other Water Revenue projections reduced as a result of lower-than-expected auction 1,000
proceeds,debt payments from others,and interest on past due balances.
➢ Lower than expected expenditures in Personnel Services due to vacant positions resulting in 500
salary savings.
0
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the ti` ti° ti° �^ �^ ti� ti� ti� �1111 do ryo ti~ �ti vti �ti
FY 2021-22 budget process. o a a cy o o' o, a o, o, o a a o, o
2The Beginning Working Capital balance excludes$19.9 M of Impact Fee Reserves and$1.00 million for Development Plan
Line Reserves. Note: All figures presented are in millions of dollars.
16
City of Denton, Texas
o Wastewater Fund Executive Dashboard Pro%
FY2021-22 FY2021_22 -
DENTON ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET I ACTUALS ANNUAL VARIANCE
Beginning Working Capital
Revenue& Expenses(in Millions)
and Reserves as of 09/30/212 $ 17.07 $ 16.46 $ 16.46 $40
RESOURCES
$35
Wastewater Fees 26.19 18.88 25.22 -4%
$30
Other Wastewater Revenue 1.94 1.52 2.11 9%
Drainage Fees 5.64 4.05 5.66 0% $25
Transfer In 0.61 0.46 0.61 0% $20
Impact Fee Revenue 4.27 3.20 4.27 0% $15
Aidin Construction - 9.00 9.00 9% $10
Total Revenues 38.65 37.11 46.87 21%
$5
Total Resources 55.72 53.57 63.33
EXPENDITURES: Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
Personal Service 8.88 6.08 8.56 -4%
Operations,Services 9.65 6.48 9.33 -3% ■YTD Revenue ■YTD Expenses
Capital Outlay 5.64 1.24 6.03 7%
Debt Service 7.83 6.59 7.83 0% 2015-2022 Historical Quarterly Gallons Billed
Transfer Out 5.91 4.23 5.77 -2% 1,400 in Millions
Total Expenditures 37.91 24.62 37.52 -1%
1,200
Net Income(Loss) 0.74 12.49 9.35
1,000
Ending Working Capital
and Reserves $ 17.81 $ 28.95 $ 25.81 800
600
TrendsKey 400
➢Reduced projections in Wastewater Fees due to decreased effluent irrigation sales and wholesale charges. 200
➢Projections related to Other Wastewater Revenue adjusted upward as a result of increase in compost fee 0
revenue. h ^ ^ Ib I a o o ti ti ti ti
➢Aid in Construction of$8 million is due to developer contributions for the Milam Creek Basin and$1 million o 0 0 0 0 0 0 0 0
p ^� ^ '� y ^� y ^� 1 M ti M ti M 'ti '7
is related to Robson Ranch Diversion project.
'Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in
the FY 2021-22 budget process. Note: All figures presented are in millions of dollars.
2The Beginning Working Capital balance excludes$11.6 million of Impact Fee Reserves but includes$1.0 million for Drainage
Reserves,and$0.94 million for Development Plan Line Reserves.
17
City of Denton, Texas
�)FY Drainage Operations Executive Dashboard
DENTON FY2021-22 FY2021-22
an
ANNUAL YID PROJECTIONS
Revenue& Expenses(in Millions)
DESCRIPTION BUDGET ACTUALS ANNUAL VARIANCE
REVENUES:
Residential Drainage Fees $ 2.16 $ 1.56 $ 2.18 1% $5.0
Nonresidential Drainage Fees 3A8 2.49 3.48 0% $4.5
Investment Income - - - 0% $4.0
Wastewater Resources - - - 0% $3.5
General FundTransfer 0.37 0.27 0.37 0%
Total Revenues 6.01 4.32 6.03 0% $3.0
$2.5
EXPENDITURES: $2.0
Personal Service 2.03 1.32 2.03 0%
$1.5
Operations,Services 0.81 0.56 0.81 0%
Capital Outlay 2.13 0.05 2.52 18%Debt Service - - - 0% $0.5
Transfer Out 0.67 0.42 0.67 0% $-
Total Expenditures 5.64 2.35 6.03 7% Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
■YTD Revenue ■YTD Expenses
Net Income(Loss) $ 037 $ 1.97 $ -
Key • 1
➢Variance in Capital Outlay due to transfer of capital to Drainage Channel
Rehabilitation.
Note: All figures presented are in millions of dollars.
18
IOFt---6 City of Denton, Texas Mlig� %
Solid Waste Fund Executive Dashboard - -
DENTON FY 2021-22 FY 202 1-22
ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET I ACTUALS ANNUAL VARIANCE Residential Curbside Collection Tonnage
Beginning Working Capital 10,000
and Reserves as of 09/30/212 $ 6.21 $ 6.63 $ 6.63 9,000
RES OURCES: 8,000
Collection &Disposal 32.75 24.33 31.57 -4% 7,000
6,000
Recycling 6.16 5.34 7.07 15% 5,000
OtherRevenue 0.97 0.76 0.98 1% 4,000
Total Revenues 39.88 30.43 39.62 -1%
3,000 ti ,�ol� titi �tio do
Total Resources 46.09 37.06 46.25 2,000
EXPENDITURES: 1,000
0
Personnel Service 11.55 8.30 11.29 -2% 2022
Operations, Services 10.73 6.57 9.71 -10% Qtr3 Qtr4 Qtr1 Q2 Q3 Q4 Q1 Q2 Q3
Capital Outlay 2.51 1.93 2.61 4%
Debt Se rvic a 5.69 5.54 5.69 0% ■Refuse Tonnage Recycling and ReuseTonnage
Landfill Clo s ore 0.72 0.54 0.72 0% Commercial Refuse& Recycling(Front&Side Load)
Tra ns fe r Out 5.97 4.35 5.97 0% Cubic Yards Serviced per Week
To ta I Expe nditu re s 37.17 27.23 35.99 -3%
Net Income (Loss) 2.71 3.20 3.63 30,000
Ending Working Capital 25,000
and Reserves $ 8.92 $ 9.83 $ 10.26 20,000
15,000
Key Trends 10,000
11�11U11
y��o ya�o ti°�� ti5 yy�o yyp �
➢Recycling Projection is trending higher due to residential refuse. 5,000
➢Operations,Services is projected lower than budget due to vehicle maintenance.
0
2022
Qtr 3 Qtr 4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
■Commercial Refuse ■Commercial Recycling
'Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the amount which was
estimated in the FY 2021-22 budget process.
2The Beginning Working Capital and Reserves excludes$12.0 million of Landfill Closure/Post Closure reserves. 'Vote: All figures presented are In millions Of dollars.
19
City of Denton, Texas 4
OFY Airport Fund Executive Dashboard s#
DENTON FY 2021-22 FY 2021-22
ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET 1 ACTUALS ANNUAL VARIANCE
Beginning Working Capital GAS WELL REVENUE
and Reserves as of 09/30/21 $ 2.61 $ 2.90 $ 2.90 (in millions of dollars by fiscal year)
RESOURCES:
$2.0
Airport Ground Leases 0.80 0.64 0.83 4%
FBO Commissions 0.21 0.17 0.24 14%
1(7
Fuel Flowage Fees 0.12 0.06 0.14 17%
Total Operating Revenues 1.13 0.88 1.21 7%
EXPENDITURES:
Personal Service 0.43 0.29 0.42 -2% $1.0
Operations, Services 0.40 0.18 0.46 15%
Trans ferOut 0.46 0.35 0.47 2%
Total Operating Expenditures 1.29 0.82 1.35 5%
Net Operating Income (Loss) (0.16) 0.06 (0.14)
NON-OPERATING REVENUES: $0.0
2020 2021 2022
Investment Income 0.04 0.03 0.01 -75%
Gas Well Royalties 0.23 0.41 0.50 117%
M is c e lla n e o n Income 0.00 0.00 0.00 0% AIRPORT OPERATIONS BY QUARTER
To tal No n-Ope rating Reve nue s F 0.27 0.43 0.51 89°i, (takeoff or landing by fiscal year)
NON-OPERATING EXPENDITURES: 60,000
Debt Service 0.72 0.68 0.72 0%
TransferOut- Capital - - - 0%
Total Non-Operating Expenditures 0.72 0.68 0.72 0% 50,000
Net No n-Operating Inco me (Lo s s) (0.45) (0.25) (0.21)
Net Income (Loss) (0.61) (0.20) (0.35)
40,000
Ending Working Capital and Reserves $ 2.00 $ 2.70 $ 2.55
30,000
Trends
➢Increased activity and inflation have caused increases in both revenues and expenses. 20,000
➢Increased volume and higher natural gas prices have caused a greater than expected increase tiq ti°� yo yo yo yo yti yti y♦ ti, titi titi titi
ti �n � tin �a �n 1n tia �a
in Gas Well Royalties n' a n
'Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the amount Note:All financial amounts presented are in millions of dollars.
which was estimated in the FY 2021-22 budget process.
20
CITY City of Denton, Texas A
DENTONStreet Improvement Fund Executive Dashboard
FY 2021-22 FY 2021-22
ANNUAL YTD PROJECTIONS
DESCRIPTION BUDGET AC TUALS ANNUAL VARIANCE Revenue&Expenses (in Millions)
1 $11.0
Beginning Working Capital $12.°
$11.0
and Reserves as of 09/30/21 $ 3.93 $ 4.50 $ 4.50 $10.0
RES O URC ES: $9 0
$8.0
Franchise Fees 14.48 11.23 14.48 0% $70
Street Cuts 0.03 - - -100% $6.0
Investment Income 0.04 0.02 0.06 50% $50
$4.0
Transfers In 1.31 1.04 1.31 0% $3.0
Total Revenues 15.86 12.29 15.85 0% $2.0
$1.0
Total Resources 19.79 16.79 20.35 $-
oa-21 Nov-21 Dec-21 San-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
EXPENDITURES: ■YTD Revenue ■YTD Expenses
Personal Service 3.55 2.11 3.30 -7%
Materials & Supplies 0.10 0.08 0.11 10%
Tons of Asphalt Laid (in Thousands)
Maintenance & Repairs 6.51 2.85 5.60 -14% 12
Operations, Services 0.85 0.58 0.88 4%
9
Transfer Out 5.31 0.86 5.96 12%
Total Expenditures 16.32 6.48 15.85 -3% 6
Net Income (Loss) (0.46) 5.81 - 3
Ending Fund Balance $ 3.47 $ 10.31 $ 4.51 0
Qtrl Qtr2 Qtr3 Qtr4
■FY20-21 ■FY21-22
TrendsKey
Lane Miles Surface Treatment
➢ Street Cuts has been reduced due to the utilities completing their own repairs. 100.00
➢ Maintenance & Repairs are projected to be$0.91 million less than budgeted due 80.00
60.00
to a competitive labor market and supply chain shortages resulting in reduced 4000
expenditures through 3Q 2022. In response,the City has increased starting crew 20.00
wages and is working with vendors to acquire the equipment necessary to _
increase maintenance activity through the remainder of the year. Qtr t Qtr2 Qtr3 Qtr4
➢ Transfer Out are projected to be $0.67 million above budget due to additional 0FY20-21 vFY21-22
transfers out to capital projects. Note: All figures presented are in millions of dollars.
21
City of Denton, Texas j _`
2- 17
jC0tTFyjWWM
�40 ---
DENTON Grants Dashboard �
FY 2021-22 Awards & Expenses (in Millions)
FY 2021-22 FY 2021-22 $60.0
GRANT YTD
DESCRIPTION AMOUNT ACTUALS $40.0
2021-22 Budget
Comm Development $ 7.61 $ 2.11
Public Safety 2.18 0.38 $20.0
Transportation 44.47 2.70
Other 25.24 5.63
Total Budget 79.50 10.82 2 , z w
2 w m a F
0 0 N O
New Awards
Public Safety 0.24 0.24 ■Awards ■Expenses
Transportation 0.18 0.18
Total New Awards 0.42 0.42 FY 2021-22 Grants Awarded
Totals $ 79.92 $ 11.24 COMM DEV
9.52% PUBLIC
SAFETY
OTHER 3.04%
31.57%
Key Trends
The following grants have been received in FY 2021-22:
➢Chapter 59 Asset Forfeitures: $8,150
➢U.S.Marshals Violent Offenders Task Force: $59,411
);,North Texas Organized Crime Task Force: $7,919
➢PD-Law Enforcement Officer Standards&Education:$21,785
➢U.S.Immigration&Customs Enforcement : $1,659 TRANS
➢Texas Intrastate Fire Mutual Aid System:$3,749 55.87%
➢2021-SHSP-EOD Protective Suit:$40,864
➢2020 Staffing for Adequate Fire&Emergency(SAFER)Grant: $99,311 22
➢TxDot-CMAQ-School Connection Sidewalks:$75,520
➢TxDot-Safe Routes to School: $108,400 Note: All figures presented are in millions of dollars.
Section 2
City of Denton
Quarterly Financial Report
June 2022
This report is designed for internal use and does not include all the
funds and accounts included in the City of Denton's operations. The
information provided is unaudited; for a complete audited report,
please refer to the City of Denton Comprehensive Annual Financial
Report, available through the City's Finance Department, City
Secretary's Office, or Denton Public Libraries.
FINANCIAL SUMMARY
23
City of Denton
General Fund
Schedule of Revenues-Budget vs Projection(Unaudited)
For the Period Ended June 30,2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
REVENUE DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Current Year-Ad Valorem $ 48,776,573 $ 36,817,374 $ 48,065,826 $ 49,083,288 $ 48,897,103 0%
Delinquent-Ad Valorem 58,918 168,693 92,213 255,594 98,767 -61%
Miscellaneous Penalties&Fees 231,369 303,591 298,853 388,256 310,931 -20%
Ad Valorem Taxes 49,066,860 37,289,658 48,456,892 49,727,138 49,306,801 -1%
Sales Tax 32,809,118 35,147,673 38,651,904 46,246,938 51,992,420 12%
Franchise-Gas Utilities 234,044 167,021 217,863 274,458 260,764 -5%
Franchise-Private Electric Utilities 44,111 22,540 32,937 86,425 82,113 -5%
Franchise-Cable 104,108 112,859 92,959 173,069 164,434 -5%
Franchise-Telecom 26,919 38,244 14,333 58,647 55,721 -5%
Franchise-Denton Municipal Utilities 2,252,725 1,950,551 1,950,160 3,036,038 2,884,549 -5%
Franchise Fees 2,661,907 2,291,215 2,308,252 3,628,637 3,447,581 -5%
Other Taxes 153,914 223,262 292,802 446,522 419,727 -6%
Ambulance Service Fees 2,063,024 2,570,021 2,438,002 4,334,724 2,849,049 -34%
Fire Department Fees 95,329 110,964 146,976 147,952 151,327 2%
Building Inspections Fees 428,257 411,836 511,753 556,742 641,808 15%
Park Department Fees 852,713 792,600 1,059,137 1,448,690 1,651,532 14%
Planning Department Fees 1,150,965 1,629,568 2,024,067 2,010,213 2,196,761 9%
Miscellaneous Service Fees 61,975 85,120 77,516 113,486 190,227 68%
Service Fees 4,652,263 5,600,109 6,257,451 8,611,807 7,680,704 -11%
Denton Municipal Fines 468,102 867,009 499,520 1,156,000 795,660 -31%
Parking Fines 23,755 104,250 71,025 139,000 150,963 9%
Miscellaneous Fines and Fees 276,447 329,609 315,692 471,535 556,548 18%
Court Administrative and Service Fees 381,468 627,724 467,376 866,137 740,953 -14%
Fines and Fees 1,149,772 1,928,592 1,353,613 2,632,672 2,244,124 -15%
Demolition Permits 10,035 10,875 6,358 14,500 11,051 -24%
Building Permits 4,571,196 5,166,959 6,163,167 6,008,546 7,933,073 32%
Certificate of Occupancy 35,365 39,750 60,450 53,000 50,202 -5%
Miscellaneous Licenses and Permits 10,394 4,508 (1,363) 6,009 10,285 71%
Licenses and Permits 4,626,990 5,222,092 6,228,612 6,082,055 8,004,611 32%
Investment Income 221,934 (196,250) 155,860 785,000 151,163 -81%
Miscellaneous Revenues 1,845,114 1,612,880 2,881,876 3,154,232 3,042,745 -4%
Miscellaneous Resources 2,067,048 1,416,630 3,037,736 3,939,232 3,193,908 -19%
ROI-Denton Municipal Utilities 9,180,821 11,321,563 11,253,676 15,459,438 13,971,195 -10%
Transfers 11,438,346 10,164,705 9,967,155 13,551,129 13,285,903 -2%
Transfers 20,619,167 21,486,268 21,220,831 29,010,567 27,257,098 -6%
Total General Fund Revenues $ 117,8079039 $ 110,605,499 $ 127,808,093 $ 150,325,568 $ 153,546,974 2%
24
City of Denton
General Fund
Schedule of Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
NEIGHBORHOOD SERVICES
Building Inspections $ 2,493,471 $ 29752,002 $ 2,544,065 $ 3,668,837 $ 3,367,644 -8%
Community Improvement Services 564,162 584,617 6,062 779,379 - -100%
Libraries 49610,325 49992,969 4,698,881 6,656,368 6,402,569 4%
Parks and Recreation 7,840,624 11,020,369 10,541,403 14,572,452 15,895,275 9%
Planning 1,421,019 29295,371 2,344,051 2,876,834 3,0669510 7%
Development Services Admin 874,062 19139,050 868,123 1,518,530 1,518,530 0%
Gas Well Review 69,728 282,713 68,038 376,899 407,513 8%
Social Services 909,117 19761,769 1,7579149 2,3259382 2,6669611 15%
18,782,508 24,828,860 22,827,772 32,774,681 33,324,652 2%
PUBLIC SAFETY
Animal Services 19850,089 29012,642 1,7839831 2,6839147 2,7059519 1%
Fire 25,972,668 26,524,505 27,264,629 35,246,455 35,000,992 -1°%
Municipal Judge 320,517 425,378 406,861 567,082 564,801 0%
Police 31,343,727 34,054,897 33,271,098 45,400,386 44,072,684 -3°%
609516,493 63,017,422 62,726,419 83,897,070 82,343,996 -2%
TRANSPORTATION
Traffic Operations 19344,237 1,789,094 1,693,108 2,385,130 2,441,907 2%
Street Lighting 677,541 637,585 705,723 850,000 900,000 6%
29021,778 2,426,679 2,398,831 3,235,130 3,341,907 3%
ADMINISTRATIVE&COMMUNITY SERVICES
City Manager's Office 19738,775 19824,661 1,7459347 2,4299193 2,340,490 4%
Economic Development 29601,014 39326,405 1,897,734 4,434,595 4,220,454 -5°%
Finance 29952,969 49235,048 4,0079530 5,6459942 5,4969043 -3°%
Human Resources 19849,294 29126,957 2,161,807 2,820,895 2,920,096 4%
Internal Audit 371,137 421,014 434,910 561,268 545,985 -3°%
Legal Administration 29535,126 29483,130 2,104,897 3,310,390 2,971,643 -10%
Public Affairs 1,422,875 19927,166 1,375,443 2,569,200 2,338,773 -9%
Non-Departmental 99384,501 79195,963 9,244,616 9,6179981 11,452,306 19%
22,855,691 23,540,344 22,972,284 31,389,464 32,285,790 3%
TOTAL EXPENDITURES $ 104,176,470 $ 113,813,305 $ 110,9259306 $ 151,2969345 $ 151,2969345 0%
25
City of Denton
Electric Fund
Schedule of Revenues and Expenditures - Budget vs Projection (Unaudited)
For the Period Ended June 30, 2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 9/30/21 $ 109,035,229 $ 119,498,711
REVENUES:
Rate Revenues $ 96,638,500 $ 111,853,389 $ 107,769,448 163,523,145 175,041,305 7%
Transmission Revenues 34,590,599 34,149,154 39,982,949 56,160,399 54,103,256 -4%
Other Revenues 2,384,786 3,132,795 18,545,963 4,752,353 22,023,677 363%
DEC Revenues 130,689,166 13,618,963 28,467,047 21,293,023 57,349,601 169%
Total Revenues 264,303,051 162,754,301 194,765,407 245,728,920 308,517,839 26%
EXPENDITURES:
Purchased Power 287,398,192 51,897,949 54,906,889 75,398,210 93,788,174 24%
DEC Fuel 25,747,384 8,583,427 13,156,681 12,475,775 38,220,433 206%
Transmission of Power 11,411,503 10,982,361 13,987,758 19,182,169 19,182,169 0%
Personnel Services 13,541,130 15,386,959 15,090,651 20,102,836 22,394,234 11%
Materials and Supplies 449,274 1,591,526 1,026,752 2,425,169 2,378,844 -2%
Maintenance and Repair 639,959 985,053 901,651 1,432,671 1,355,524 -5%
Insurance 1,465,673 1,675,791 3,312,585 2,234,388 2,190,518 -2%
Return on Investment 7,657,679 7,869,228 9,572,973 11,785,382 10,368,133 -12%
Franchise Fee 6,374,426 7,108,579 7,970,094 10,644,166 12,867,166 21%
Miscellaneous 534,812 644,094 479,878 756,916 740,765 -2%
Operations 3,931,929 6,617,444 4,010,871 8,843,126 8,689,108 -2%
Debt Service 47,758,697 53,334,771 53,334,771 58,984,872 62,079,903 5%
Interfund Transfers 12,470,130 12,160,687 12,609,565 16,214,249 16,623,446 3%
Capital Outlay 390,000 133,494 133,494 263,494 143,494 -46%
Total Expenditures 419,770,788 178,971,363 190,494,613 240,743,423 291,021,911 21%
Net Income(Loss) $(155,467,737) $ (16,217,062) $ 4,270,794 4,985,497 17,495,928
Ending Working Capital and Reserves $ 114,020,726 $ 136,994,639
'Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the amount
which was estimated in the FY 2021-22 budget process.
26
City of Denton
Water Fund
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended June 30,2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/211 $ 20,546,185 $ 24,582,745
REVENUES:
Water Sales Residential $ 12,851,079 $ 16,141,410 $ 14,129,917 21,519,010 21,229,678 -1%
Water Sales Commercial 11,194,927 13,858,801 12,917,388 18,475,937 17,701,041 -4%
Water for Resale 1,950,632 1,068,062 2,791,388 1,423,894 2,063,271 45%
Other Water 1,068,556 1,419,487 1,377,085 1,892,391 1,700,675 -10%
Transfers In 1,257,661 1,525,161 1,524,956 2,033,275 2,033,275 0%
Investment Income 84,512 225,030 63,246 300,000 115,000 -62%
Impact Fee Revenue 4,954,411 4,954,411 4,953,753 6,605,000 6,605,000 0%
Total Revenues 33,361,778 39,192,362 37,757,733 52,249,507 51,447,940 -2%
EXPENDITURES:
Personal Service 5,810,170 6,814,572 5,719,828 9,013,419 8,038,296 -11%
Purchased Power 950,171 1,058,234 1,102,604 1,410,789 1,410,789 0%
Purchase of Water 1,615 2,250 1,160 3,000 3,000 0%
Materials and Supplies 933,176 1,345,832 1,186,580 2,100,011 1,747,934 -17%
Maintenance and Repairs 1,200,170 1,618,860 1,233,744 2,162,508 2,182,187 1%
Insurance 191,907 184,813 169,280 244,905 240,470 -2%
Miscellaneous 181,177 263,426 147,534 348,584 304,874 -13OX,
Operations,Services 866,712 1,803,678 1,227,665 2,177,877 2,575,892 18%
Capital Outlay 5,467,789 109276,944 4,124,109 12,950,759 13,700,759 6%
Return on Investment 882,316 1,087,390 991,434 1,449,659 1,449,659 0%
Franchise Fee 1,260,452 1,553,414 1,416,335 2,070,942 2,070,942 0%
Debt Service 10,515,401 10,445,573 10,445,573 10,835,105 10,835,105 0%
Transfers Out 4,1219567 4,306,803 49324,169 69483,661 59765,557 -11%
Total Expenditures 32,382,623 40,761,789 32,090,015 51,251,219 50,325,464 -2%
Net Income(Loss) $ 979,155 $ (1,569,427) $ 5,667,718 998,288 1,122,476
Ending Working Capital
and Reserves $ 21,544,473 $ 25,705,221
The Beginning Working Capital balance excludes$19,916,357 of Impact Fee Reserves and includes$1,000,000 for Development Plan Line Reserves.
Z Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2021-22
budget process.
27
City of Denton
Wastewater Fund
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended June 30,2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET' PROJECTION PROJECTION
Beginning Worldng Capital
and Reserves as of 09/30/21 t $ 17,068,351 $ 16,455,340
REVENUES:
Residential Fees $ 8,461,040 $ 9,4209796 $ 8,9659659 11,879,945 11,554,408 -3%
Commercial Fees 8,506,659 9,980,002 9,340,295 139504,172 12,991,745 -4%
Effluent Irrigation Fees 66,519 729363 779651 96,470 86,411 -10%
Wholesale Fees 554,913 534,899 497,789 713,103 5869639 -18%
Other Wastewater Fees 1,393,558 1,375,675 1,479,888 1,833,982 2,092,206 14%
Drainage Fees 3,865,420 4,286,415 4,047,102 5,638,695 59663,705 0%
Transfer In 449,739 458,796 458,734 611,645 611,645 01%
Investment Income 56,815 75,010 41,424 100,000 19,627 -80%
Impact Fee Reserves 3,202,927 3,202,927 3,202,497 4,270,000 4,270,000 01%
Aid in Construction 25,917 - 9,000,000 9,000,000
Total Revenues 26,583,507 29,406,883 37,111,039 38,648,012 46,876,386 21%
EXPENDITURES:
Personal Service 6,210,078 6,662,282 6,081,005 8,881,839 8,557,682 -4%
Purchased Power 742,970 915,872 789,878 1,221,000 1,221,000 0%
Materials and Supplies 830,450 992,735 1,006,908 1,338,420 1,275,054 -5%
Maintenance and Repairs 1,119,769 1,801,941 1,148,320 2,375,605 2,206,711 -7%
Insurance 202,339 205,736 190,751 274,271 274,271 0'%u
Miscellaneous 36,254 27,468 22,804 32,942 34,283 4%
Operations,Services 1,408,541 1,634,927 1,650,074 2,194,887 2,185,856 01%
Capital Outlay 3,419,488 4,230,800 1,238,156 5,640,309 6,032,469 7%
Return on Investment 640,826 684,157 689,270 912,087 879,648 -4%
Franchise Fee 915,465 977,366 984,671 1,302,981 1,256,640 -4%
Debt Service 6,296,161 6,581,255 6,581,255 7,825,131 7,825,131 0%
Transfers Out 4,133,933 4,430,881 4,242,359 5,907,049 5,770,292 -2%
Total Expenditures 25,956,274 29,145,420 24,625,451 37,906,521 37,519,037 -1%
Net Income(Loss) $ 627,233 $ 261,463 $ 129485,588 741,491 9,357,349
Ending Working Capital
and Reserves $ 17,809,842 $ 25,812,689
The Beginning Working Capital balance excludes$11.6 million of Impact Fee Reserves but includes$1.0 million for Drainage Reserves,
and$0.94 million for Development Plan Line Reserves.
2 Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated
in the FY 2021-22 budget process.
28
City of Denton
Drainage Operations
Schedule of Revenues and Expenditures-Budget vs Projections(Unaudited)
For the Period Ended June 30,2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
REVENUES:
Residential Drainage Fees $ 1,500,066 $ 1,609,895 $ 1,555,780 $ 2,158,037 $ 2,175,050 1%
Nonresidential Drainage Fees 2,365,353 2,676,520 2,491,322 3,480,658 3,488,655 0%
Wastewater Resources - - - - - 0%
General Fund Transfer 269,964 275,401 275,363 367,151 367,151 0%
Total Revenues 4,135,383 4,561,816 4,322,465 6,005,846 6,030,856 0%
EXPENDITURES:
Personnel Service 1,297,378 1,516,707 1,320,759 2,022,003 2,022,003 0%
Materials and Supplies 37,982 66,696 47,120 88,900 88,900 0%
Maintenance and Repairs 121,019 100,890 109,444 134,500 134,500 0%
Insurance 33,427 32,108 27,852 42,801 42,801 0%
Miscellaneous 3,430 12,677 6,880 16,900 16,900 0%
Operations,Services 294,857 396,954 357,294 529,182 529,182 0%
Capital Outlay 401,134 1,598,453 58,764 2,130,982 2,523,142 18%
Debt Service - - - - - 0%
Transfer Out 327,756 505,139 419,710 673,428 673,428 0%
Total Expenditures 2,516,983 4,229,624 2,347,823 5,638,696 6,030,856 7%
Net Income(Loss) $ 1,618,400 $ 332,192 $ 1,974,642 $ 367,150 $ -
29
City of Denton
Solid Waste Fund
Schedule of Revenues and Expenditures - Budget vs Projection (Unaudited)
For the Period Ended June 30, 2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/21l $ 6,210,148 $ 6,629,830
REVENUES:
Refuse Fees-Residential $ 3,438,009 $ 4,045,990 $ 3,564,308 5,429,866 4,710,279 -13%
Refuse Fees-Commercial 10,854,778 11,180,819 10,984,258 15,134,905 14,454,053 -4%
Residential Recycling 4,185,245 3,577,482 4,325,146 4,769,339 5,719,101 20%
Commercial Recycling 956,889 1,041,910 1,019,154 1,389,027 1,353,002 -3%
Landfill Gate and Material Sales 8,098,837 9,011,736 9,781,972 12,183,212 12,404,386 2%
Recycled Material Sales 50,508 52,030 50,508 69,364 69,268 0%
Asset Sales and Interest Income 74,323 309,331 429,763 412,385 403,482 -2%
Other Revenue 258,044 364,432 278,064 493,295 508,245 3%
Total Revenues 27,916,633 29,583,730 30,433,173 39,881,393 39,621,816 -1%
EXPENDITURES:
Personal Service 8,127,994 8,665,355 8,296,138 11,552,240 11,290,299 -2%
Materials and Supplies 181,221 594,466 304,735 767,522 738,301 -4%
Maintenance and Repairs 145,980 234,299 149,075 295,901 306,237 3%
Insurance 221,014 221,984 197,098 295,935 463,386 57%
Miscellaneous 38,708 49,748 26,224 66,320 49,110 -26%
Operations,Services 3,643,478 5,518,643 4,405,034 7,381,496 6,230,088 -16%
Capital Outlay 9,318,872 1,871,171 1,933,247 2,511,679 2,613,219 4%
Debt Service 6,744,656 5,537,839 5,537,839 5,690,617 5,690,617 0%
Franchise Fee 1,383,269 1,433,987 1,491,843 1,911,728 1,911,729 0%
Transfers for Landfill Closure 526,986 539,323 537,890 719,000 719,000 0%
Admin Transfers Out 3,907,527 4,481,306 4,346,262 5,974,266 5,974,265 0%
Total Expenditures 34,239,705 29,148,121 27,225,385 37,166,704 35,986,251 -3%
Net Income(Loss) $ (6,323,072) $ 435,609 $ 3,207,788 2,714,689 3,635,565
Ending Working Capital
and Reserves $ 8,924,837 $ 10,265,395
' The Beginning Working Capital Reserve excludes$11,992,859 Landfill Closure/Post Closure Reserves.
2 Annual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2021-22 budget process.
30
City of Denton
Airport Fund
Schedule of Revenues and Expenditures-Budget vs Projection(Unaudited)
For the Period Ended June 30,2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET] PROJECTION PROJECTION
Beginning Working Capital
and Reserves as of 09/30/21 $ 2,606,662 $ 2,899,720
OPERATING REVENUES:
Airport Ground Leases $ 616,799 $ 600,449 $ 640,777 800,492 832,000 4%
FBO Commissions 145,135 159,141 171,490 212,160 235,000 11%
Miscellaneous 79,203 88,932 63,178 118,560 143,554 21%
Total Operating Revenues 841,137 848,522 875,445 1,131,212 1,210,554 7%
OPERATING EXPENDITURES:
Personal Service 311,262 323,972 287,294 431,901 418,857 -3%
Materials and Supplies 7,358 26,096 9,838 34,790 38,850 12%
Maintenance and Repairs 9,754 57,310 33,101 76,400 113,400 48%
Insurance 19,960 20,561 21,399 27,412 27,411 0%
Miscellaneous - 75 - 100 - -100%
Operations 97,367 196,634 117,042 262,135 285,310 9%
Transfers Out-Operating 339,300 347,068 351,394 462,696 462,696 0%
Total Operating Expenses 785,001 971,716 820,068 1,295,434 1,346,524 4%
Operating(Loss) 56,136 (123,194) 55,377 (164,222) (135,970)
NON-OPERATING REVENUES:
Investment Income 24,135 30,605 15,493 40,800 10,000 -75%
Gas Well Royalties 195,820 173,896 410,897 231,830 500,000 116%
Total Non-Operating Revenues 219,955 204,501 426,390 272,630 510,000 87%
NON-OPERATING EXPENDITURES:
Debt Service 716,761 682,124 682,124 724,659 724,659 0%
Transfers Out-Capital - - - - - 0%
Total Non-Operating Expenses 716,761 682,124 682,124 724,659 724,659 0%
Non-Operating Income(Loss) (496,806) (477,623) (255,734) (452,029) (214,659)
Net Income(Loss) $ (440,670) $ (600,817) $ (200,357) (616,251) (350,629)
Ending Working Capital $ 1,990,411 $ 2,549,091
Annual adopted budget as amended or modified.Beginning Working Capital and Reserves represents the amount which was estimated in the FY 2021-22 budget process.
31
City of Denton
Street Improvement Fund
Schedule of Expenditures - Budget vs Projections (Unaudited)
For the Period Ended June 30, 2022
PRIOR BUDGET CURRENT ANNUAL ANNUAL BUDGET VS
DESCRIPTION Y-T-D Y-T-D Y-T-D BUDGET' PROJECTION PROJECTION
Beginning Fund Balance
as of 9/30/2021 $ 3,928,623 $ 4,503,637
RESOURCES:
Franchise Fees $ 9,075,988 $ 10,858,694 $ 11,233,068 14,476,328 14,476,328 0%
Street Cuts 24,873 25,374 - 33,827 - -100%
Investment Income 24,494 31,505 21,102 42,000 62,000 48%
Transfers In 933,187 979,635 1,035,656 1,306,002 1,306,000 0%
Total Resources 10,058,542 11,895,208 12,289,826 15,858,157 15,844,328 0%
EXPENDITURES:
Personal Service 2,240,517 2,662,039 2,112,779 3,548,910 3,300,000 -7%
Materials and Supplies 49,154 75,914 81,264 101,200 110,000 9%
Maintenance and Repairs 2,790,111 4,886,412 2,852,364 6,514,348 5,600,000 -14%
Insurance 65,309 67,276 94,847 89,690 126,463 41%
Miscellaneous 3,536 5,327 615 7,100 5,000 -30%
Operations,Services 385,175 572,620 485,476 775,047 750,000 -3%
Transfer Out 690,200 3,970,186 856,916 5,281,213 5,952,865 13%
Total Expenditures 6,224,002 12,239,774 6,484,261 16,317,508 15,844,328 -3%
Net Income(Loss) $ 3,834,540 $ (344,566) $ 5,805,565 (459,351) -
Ending Fund Balance $ 3,469,272 $ 4,503,637
iAnnual adopted budget as amended or modified.Beginning Fund Balance represents the amount which was estimated in the FY 2021-22 budget process.
32
City of Denton
Grants
Schedule of Expenditures(Unaudited)
For the Period Ended June 30,2022
EXPENDITURES CURRENT ANNUAL
GRANT DESCRIPTION AS OF 9/30/2021' Y-T-D BUDGET
FY 2021-22 Budget
US Dept of HUD-
Community Development Block Grant(CDBG) $ 6,293,330 $ 844,603 $ 2,372,988
US Dept of HUD-
Community Development Block Grant(CDBG)-
CARES ACT 529,359 4379477 1,180,791
Texas Emergency Rental Assistance Program-CARES
Act 187,444 - 18,957
US Dept of HUD-
HOME Investment Partnership Program 5,241,002 537,361 3,015,263
Emergency Solutions Grants Program-CARES Act 1,039,136 289,536 19018,267
Community Development' 13,290,271 2,108,977 79606,266
TxDot STEP Comprehensive Grant - 199009 789500
National Sexual Assault Kit Initiative Grant 100,888 359813 4459149
2020 UASI-Specialized Regional Response Teams
Sustainment 132,416 11,291 1239003
2021 UASI-Specialized Regional Response Teams
Sustainment - 469473 949575
2021 UASI-Regional Warning Siren Cyber Security - - 43,692
2019 Staffing for Adequate Fire&Emergency
Response(SAFER)Grant 167,676 197,725 190269738
Urban Search&Rescue Response System(TEEX) - 23,227 3309000
Texas Intrastate Fire Mutual Aid System-Emergency
Response - 40,000 409000
Denton Police Department-Coronavirus Response
Grant 80,416 1,896 3,088
Public Safety' 481,396 375,434 291849745
Airport Maintenance(RAMP)Grant - 4,901 50,000
TxDot-RTR-Mayhill Rd-I1135 E to US 380 4899849689 1,575,077 14,896,002
TxDot-RTR-Bonnie Brae Rd-IH35 E to US 377 27,295,314 262,389 19,907,802
TxDot-IH35E at Loop 288/Lillian Miller Pkwy - - 53,865
TxDot-RTR-McKinney(Formerly FM426) 15,977,398 628,230 2,895,944
TxDot-RTR-Hickory Creek FM2181-FM2499 2,041,307 6,240 359,920
TxDot-RTR-North Texas Boulevard Roundabout 268,344 100,193 1,8919555
TxDot-Sycamore-Welch Bicycle&Pedestrian - 126,560 195009000
NCTCOG-Waze Data Sharing - - 5,000
Airport Grant-CARES Act 157,000 - 157,100
Airport Coronavirus Relief Grant Program 57,000 - 57,000
Airport Coronavirus Relief Grant Program - - 349162
Denton County Transportation Authority(DCTA)
Transportation Reinvestment Program(TRiP) - 2,517,997
American Rescue Plan(ARP)Act of 2021-Airport
Rescue Grants - - 148,000
Transportation' 949781,052 2,703,590 44,474,347
33
City of Denton
Grants
Schedule of Expenditures(Unaudited)
For the Period Ended June 30,2022
EXPENDITURES CURRENT ANNUAL
GRANT DESCRIPTION AS OF 9/30/2021� Y-T-D BUDGET
Interlibrary Loan Program(ILL) - - 35,000
TexTreasures Grant - 24,820 24,820
Green Ribbon Grant - 460,556 773,666
Texas Commission on the Arts Cultural District Grant - - 100,000
NCTCOG-Solid Waste Implementation Grant-Parks
&Recreation - - 200,000
NCTCOG-Solid Waste Implementation Grant-Solid
Waste - - 67,723
Governor's Community Achievement Award - - 290,000
American Rescue Plan(ARP)Act of 2021 6,136 5,147,115 23,290,438
Miscellaneous New Grants - - 460,000
Other 6,136 59632,491 25,241,647
Total FY 2021-22 Budget 108,5589855 10,820,492 79,507,005
New Awards
Chapter 59 Asset Forfeitures - 8,150 8,150
U.S.Marshals Violent Offenders Task Force 59,411 59,411
North Texas Organized Crime Task Force(NTOCTF) 7,919 7,919
PD-Law Enforcement Officer Standards&Education 21,785 21,785
U.S.Immigration&Customs Enforcement Homeland
Security Investigations 1,659 1,659
Texas Intrastate Fire Mutual Aid System-Emergency
Response 3,749 3,749
2021-SHSP-EOD Protective Suit 40,864 40,864
2020 Staffing for Adequate Fire&Emergency
Response(SAFER)Grant 99,311 99,311
Public Safety 242,848 242,848
TxDot-CMAQ-School Connection Sidewalks 75,520 75,520
TxDot-Safe Routes to School-Ginnings Elementary
School&Lee Elementary School 108,400 108,400
Transportation 1839920 183,920
Total New Awards 4269768 426,768
TOTALS $ 108,558,855 $ 11,247,260 $ 79,933,773
A portion of the grants presented cover multiple years.
34
Section 3
City of Denton
Quarterly Financial Report
June 2022
REVENUE & ECONOMIC
ANALYSIS
35
Revenue & Economic Analysis
Summary
The data included in this section provides information on local, state
and national trends impacting the City's financial position.
The following notes are provided to facilitate this section's readability.
1 . Positive Outlook — Represents favorable conditions for the local
economy. Color code — Green.
2. Cautious Outlook — Represents changing conditions that
require close monitoring. Color code — Yellow.
3. Negative Outlook — Represents unfavorable conditions for the
local economy. Color code — Red.
The data included in this section have been obtained from a variety of
sources. Sales tax and construction related data have been obtained
from internal city departments. Economic data for the State have
been obtained from the Federal Reserve Bank of Dallas and may be
subject to availability. National economic data were compiled with
assistance from the City's investment advisor, First Southwest Asset
Management.
36
i HilltopSecuri ties
Asset Management.
National Economic Trends
Period Ending June 30, 2022
Gross Domestic Product (GDP)
U.S.GDP-Quarterly Annualized Percent Change
The initial reading of Q2 GDP showed an
40% unexpected contraction of-0.9%. When combined
33.8% with the -1.6% decline in the first quarter, the
30% textbook definition of recession has been met. It
doesn't become official until the National Bureau of
20% Economic Research(NBER)says so,but at this point
10% 6.3% 6.7% 6.9% a case can be made. Personal consumption held up
0.9% ,� 4, ' ' 2. ' reasonably well, up +1.0% for the second quarter
1.9% 2.4% 3296 2.8% °
0% , - following a +1.8% increase in the previous period
-1.6% -0.9%
-10% -5.1% and adding 0.7 to the overall Q2 number. Private
investment plunged, subtracting a whopping 2.7
-20% points while business inventories subtracted two
full percentage points. The recession debate will
30% -312% play out in the media in the weeks and months to
-40, come, but there's no denying the magnitude of
,m yo yo weakening. On a year-over-year basis, GDP has
yeQ Oec,' jai lJc �aQ O�c. jai lJc< �Q O� �a� lJc y¢Q Oyc. ai J�
slowed from+5.5%in the fourth quarter of 2021,to
Source:US Census Bureau +3.5%in Q1 to+1.6%in Q2.
Employment
Non-farm payrolls increase by+372k in June,while
r-Change in Non-Fans Payrolls Unemployment Rate
net revisions to previous months subtracted -74k.
800 704 689 677 714 8.0 At this point,company payrolls are now just-524k
700 647
600 557 68B 517 504 7.5 below the pre-pandemic high point. The
500 447 424 398 7.0 breakdown of the company survey shows private
00 368 384 372
300 6.5 payrolls are now +140k higher than in February
263 ?
2020, while government payrolls are still -664k
qa« 200 v
S 100 5.9 60 3 short. The separate household survey was less
LL�
0 5.5 positive with a -315k decrease in the number of
-180 62
5.0 Americans finding work, while -350k exited the
200
-380 4.6 45 workforce.The net result held the unemployment
-400 4.2 rate steady at+3.6%.The number actively seeking
-50o 40 work was little changed at 5.9 million. Another 5.7
-6
00 . . . 3.635 million would like a job but had not looked for
-700
-wo 3.0 work within the past month and as a result are not
�, PQ �� ,� � �: 0� a� 4¢ PQ F; ,� considered part of the labor force. This total is
+700k above the pre-pandemic count and
Source:Bureau of Labor Statistics Bloomberg continues to puzzle labor market analysts.
37
Inflation
Inflationary pressure continues to rise despite Fed
Inflation Indicators(Year-Over-Year Percent Change) tightening. The consumer price index (CPI) jumped
-CPFAll11-s fCPFCore -0--PCE-Core +1.3% month-over-month in June, bettering
8.0 10.0 forecasts with the largest single month increase in 17
7.0 9.0 years. On a year-over-year basis, overall CPI was
8-0 rising at a+9.1%pace,the hottest consumer inflation
6.0
7.0 in more than 41 years.The June increase was broad-
5.0 60 based, with gas, food, and shelter costs all rising
4.0 5.0
sharply.The energy index surged+7.5%,contributing
almost half of the June increase. Within the energy
3.0 4.0 component, the price of gasoline jumped +11.2%.
2.0
30 Food prices rose +1.0% for the month and +10.4%
2.0 year-over-year, the largest annual gain since 1981.
1.0 - , ' ' 1.0 Core CPI, which excludes food and energy prices,
0.0 0.0 rose +0.7% (also above forecast) and is now
',Yti 0
P,m y¢ =o Q� ,c�� PQ F ,c 'e'ye �=o a� � QQ F� increasing at a+5.9/0 annual rate,although the core
has actually fallen on a year-over-year basis in each
Source:Bureeu of Labor Sralisbcs I Bureau of E`onom""'a"s's of the last three months.
Retail Sales
Retail Sales%Change Month-Over-Month Retail sales rose +1.0% in June, bettering the +0.7%
�Retail Sales(M-0-M) -Control Group(M-O-M) median forecast, as spending on gasoline, autos,
20.0% ............................................................................................................................................................................................................................................... restaurants, and e-commerce all increased. Gas
station sales were the biggest contributor to the
overall number, up +3.6% following a +5.6% rise in
May.This category accounted for 0.4 of the+1.0%gain
in June.Since sales are not inflation-adjusted,the jump
10.0% . .................................................................................... .......................................................................................................................................... in gasoline sales is a direct reflection of soaring pump
prices.On a year-over-year basis,retail sales are+8.4%
5.0% .......................................................................................................................... higher, but on a three-month annualized basis, sales
are up+9.5%. Much of the increase can be attributed
to the highest inflation rate in decades. In real terms,
0.0% retail sales declined for the second consecutive month,
falling -0.3%. As long as the economy is growing, Fed
-5.0% ............................................................................................................................................................................................................................................... officials will have complete latitude to slow it down
0 0 0 0 0 0 0 o ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ro ti ti with aggressive rate hikes. However, monetary policy
J c�ry�Q Lry� � i iJ c�tiWtidryL~� � i iJ c gg Yp Y
�° p� �'" F°'�� Q��Sa �° �°QJ y¢ O �° 41 41�a QQ a �°
� will be enacted on ameeting-by-meeting basis and
Source:US Census Bureau signs of weakness are already present in the economy.
38
Denton County and Texas Home Sales
Texas home sales jumped+23.3%in the second quarter of 2022 but were down-5.6%over the same three-month period a
year ago.The average sales price in June was$440.7k, roughly+44%above the same period in 2019 and slightly below the
highest on record established the previous month.The available inventory climbed to 2.1 months at the end of the quarter,
the highest since October 2020. Total listings at 71k, are the highest since August 2020 and almost twice the level from the
previous quarter.
In Denton County, unit home sales rose+41.3% in the second quarter but were-6.2% lower on a year-over-year basis.The
available supply improved significantly from extreme record lows,tripling from 0.6 months to 1.9 months during the quarter,
while total listings jumped from 831 to 2,488, the highest in nearly two years. The average sales price in June was $571k,
slightly below the all-time high of$587k logged in May, but more than 50%higher than in June of 2020.
Texas/Denton Cty Home Sales(NSA)
45.0 2200
42.5
40.0
37.5 1700
35.0
m
32.5 H
1200 0
30.0
o,
27.5 0,
25.0
700 c
22.5 0
n
20.0
175 —TX Home Sales
200
—Dentin Cty Home Sales
15.0 —Linear(TX Home Sales)
12.5 —Linear(Denton Cty Home Sales)
10.0i i i i i i -300
obi D m D C m D m CD mM M M
CD W 8 O O O O O O O O O N
Source:Real Est,f Center a Texas A&M—MLS Housing ActiMy
The paper was prepared by Hilltop Securities Asset Management,is intended for educational and informational purposes only and does not
constitute legal or investment advice,nor is it an offer or a solicitation of an offer to buy or sell any investment or other specific product.
Information provided in this paper was obtained from sources that are believed to be reliable; however,it is not guaranteed to be correct,
complete,or current,and is not intended to imply or establish standards of care applicable to any attorney or advisor in any particular
39
Fuel Prices I Outlook
Description: Quarterly fuel trends for the United States and Texas.
Analysis: Fuel prices are a major commodity source in the economy. Studies have shown a positive effect on
disposable income levels when fuel prices decrease. It is estimated that for every penny decrease in the price of
fuel,$1.3 billion is available to the consumer for disposable income. Therefore,the price of fuel is likely to be a key
predictor of sales tax collections. Fuel prices showed a 26.8% increase from the prior quarter at the national level
and a 32.8%increase at the state level. Staff has rated this outlook as Negative.
Fuel Prices
u Sales Tax —Texas Fuel Prices —US Fuel Prices
$5.00 $14
$4.50
$12
$4.00
$3.50 $10
000
$3.00
$8
N N
o $2.50Op
In NINg
$2.00ko $6
$1.50 $4
$1.00
$2
$0.50 — — — — — — � — �$0.00 $0
2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
'17 '17 '17 '18 '18 '18 '18 '19 '19 '19 '19 '20 '20 '20 '20 '21 '21 '21 '21 '22 '22 '22
40
Municipal Cost Index I Outlook
Description: The Municipal Cost Index was developed to show the rate of inflation for the cost of goods purchased
frequently by local governments. The MCI draws on the monthly statistical data collected by the U.S. Departments
of Commerce and Labor as well as independently compiled data to project a composite cost picture for the
municipal budget officer or operating department manager. Costs of labor, materials and contract services are all
factored into the composite MCI. Major indicators of these items used for the MCI include the Consumer Price
Index, the Wholesale Price Index for Industrial Commodities (now known as the Producer Price Index) and the
construction cost indexes published by the U.S. Department of Commerce, respectively.
Analysis: The Municipal Cost Index (MCI) pulls a variety of prices for frequently purchased commodities for local
governments. The cost for labor, materials and contract services are factored for the MCI. An increase in MCI
means the overall price mix for these types of commodities will cost local governments more to do routine
business. The 3rd Quarter of 2021-22 shows an increase of 12.4 for a 4.22%increase over the prior quarter and an
increase of 33.9 for a 12.4%increase over the 3rd Quarter of 2020-21. Staff has rated this indicator as Negative.
Municipal Cost Index
350.00
300.00
250.00
200.00
150.00
100.00
50.00
0.00
4Q'19 1Q'20 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 3Q'21 4Q'21 1Q'22 2Q'22 3Q'22
Source:American City and County Magazine
Note:The Municipal Cost Index is designed to show the effects of inflation on the cost of providing municipal services.State
and local government officials rely on American City & County's Municipal Cost Index to stay on top of price trends, help
control price increases for commodities, make informed government contract decisions and intelligent budget planning.Since
1978, readers have loyally referred to the Municipal Cost Index to determine the cost of inflation and,hence,the rising cost of
doing business as a local government.
41
Hotel Occupancy Tax Analysis I Outlook I Positive
Description: Tax imposed on a person who, under a lease, concession, permit, right of access, license, contract, or
agreement, pays for the use of a room that is in a hotel. A hotel includes: any building in which the public may
obtain sleeping accommodations; motels; a tourist home, house or court; lodging house; inn; rooming house; or bed
and breakfast. The tax rate levied by the City is 7%of the price paid for a room. The State also levies a tax equal to
6%.
Analysis: While the use of this revenue source is restricted by state law, it is an essential revenue source for various
tourist related activities within the community and an important indicator of local economic activity. Hotel
Occupancy Tax revenue through the 3rd Quarter of FY 2022 was 16.02% more than budget and 21% more than the
prior year's actual. Hotel receipts continue to increase to higher than pre COIVD-19 pandemic levels. Staff has rated
the outlook for this economic indicator as Positive.
3rd Quarter FY 2021-22
Actual Y-T-D
Occupancy Tax Revenue: $ 958,757 $ 2,651,058
FY 2021-22 Budget $ 837,255 $ 1,929,835
Over(Under)Budget $ 121,502 $ 721,223
FISCAL YEAR FORECAST
Hotel Occupancy Tax Budget: $ 2,875,354
End of Year Projection: $ 3,515,915
Variance: $ 640,561
Hotel Occupancy Tax Collections
$900,000
$800,000
$700,000 —
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
■FY 2018-19 FY 2019-20 FY 2020-21 ■FY 2021-22
42
Sales and Use Tax Analysis Outlook
Description: Tax imposed on all retail sales, leases, and rentals of most goods, as well as taxable services. The total tax
rate levied within the City is 8.25%(State, 6.25%; City, 1.5%; DCTA,0.5%).
Analysis: As the second largest revenue source to the City's General Fund, sales and use taxes are essential to the
delivery of services to the community. Sales tax revenues through the 3rd quarter of FY 2022 compared to revenues from
the prior year 3rd quarter shows a 12.08% increase; and compared to the budget, it is 5.57% above. Staff has rated this
indicator as Positive.
. Quarter
Revenue:Gross Sales Tax
Municipal Operations $ 484,122 $ 1,392,025
General Retail&Others 13,020,710 38,765,252
Comptroller Fees (255,167) (760,289)
Amount Retained (250,064) (745,083)
Total Revenue $ 12,999,600 $38,651,905
Expenses:Economic Incentives*
Economic Incentives' 1J= 821,022 $ 2,249,108
Net Total 12,178,578 36,402,797
1Y 2021-22 Budget M,535,962 36,763,238
Over(Under)Budget $ 642,616 $ (360,440)
Sales Tax Budget: $ 46,246,938
Year End Projection: 51,992,420
Variance to Original Budget: $ 5,745,482
Economic Development Expenditure Budget: $ 2,576,743
Year End Projection: 2,937,184
Variance to Original Budget: $ 360,441
Gross Sales Tax Collections (Millions)
$12.0
$10.0
$8.0
$6.0
$4.0
$2.0
$0.0
1 2 3 4
u FY 2018-19 Actual a FY 2019-20 Actual u FY 2020-21 Actual a FY 2021-22 Actual
*Economic Incentive actuals are through June 2022
1.Includes Unicorn Lake,Rayzor Ranch,Golden Triangle Mall,O'Reilly Hospitality,and Buc-ee's.
43
Certificates of Occupancy I Outlook I Positive
Description: Certificates of Occupancy (CO) are permits issued in compliance with the 2012 International Building
Code (IBC) and applicable City ordinances. The IBC states, "that no building shall be used or occupied, and no
change in the existing occupancy classification of a building or structure or portion thereof shall be made, until the
building official has issued a certificate of occupancy." Certificates of Occupancy ensure that applicable building,
zoning,fire and consumer health codes are met.
Analysis: Certificates of Occupancy are an economic indicator that provides a framework for the overall condition
of the local economy. Certificates of Occupancy increased 31.25% from the prior quarter and decreased 40.43%
from the third Quarter of 2021. Staff has rated the outlook for this revenue indicator as Negative.
Certificates of Occupancy
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
'17 '17 '17 '18 '18 '18 '18 '19 '19 '19 '19 '20 '20 '20 '20 '21 '21 '21 '21 '22 122 122
Source:City of Denton's Development Services Department.
44
Residential Permits Outlook
Description: Residential Permits are issued in compliance with the 2009 International Residential Code (IRC) and
applicable City ordinances. The data presented in this analysis only include new permits issued and not
remodels/alterations.
Analysis: Residential Permits are an economic indicator that provides a framework for the overall condition of the
local economy. In particular, residential permits have a direct correlation with building inspection fees and
appraised values. Residential permits decreased 28.86% from the prior quarter and increased 5.3% from the 3rd
Quarter of 2021. Staff has rated the outlook for this revenue indicator as Positive.
Residential Permits
450.0
400.0
350.0
300.0
250.0
200.0
150.0
100.0
50.0
0.0
2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
'17 '17 '17 '18 '18 '18 '18 '19 '19 '19 '19 '20 '20 '20 '20 '21 '21 '21 '21 '22 '22 122
Source:City of Denton's Development Services Department.
45
Texas Leading Indicators Index I Outlook I Positive
Description: The Texas Leading Indicators Index is a single weighted summary statistic that sheds light on the future
of the state's economy. The index is designed to signal movements and changes in the state's rate of growth. The
index includes the following leading indicators: Texas Value of the Dollar, U.S. Leading Index, Real Oil Prices, Well
Permits, Initial Claims for Unemployment Insurance, Texas Stock Index, Help-Wanted Advertising, and Average
Weekly Hours Worked in Manufacturing.
Analysis: Texas Leading Indicators provide a framework for the overall condition of the local economy. Data for this
quarter shows an increase in the state's rate of growth. The index increased .32% from the prior quarter and
increased 7.47%from the third Quarter of 2021. Staff has rated this indicator as positive.
Texas leading Indicators Index
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
tit tit tit ti0. ti0. , o, ti� ti� ti� ti� ti� ti� ti� ti� titi titi titi titi titi ti� titi
Source: Federal Reserve Bank of Dallas
46
Unemployment Rate Index I Outlook I Positive
Description: Unemployment is defined as the number or proportion of people looking for work at the prevailing
wage who are unable to find employment.
Analysis: Unemployment is an economic indicator that provides a framework for the overall condition of the
national,state and local economies. The unemployment rate for the City of Denton is at 3.07%for the 3rd Quarter.
Since this is a decrease over the prior year's quarter rate,staff has rated the outlook indicator as Positive.
Unemployment Rate Index
25.0
20.0
0.0
,tip .tiYO .tip .tiro tia tip, ti� ti� 4, yo yo 4, 41 titi .titi 41 titi titi titi
oa do tia 3d od tid do 3d �d tid tid 3d 0- tid tio' 3a od tid do 3a
Dallas-Plano-Irving MD p Denton -Texas _U6 Unemployment -United States
Source: Federal Reserve Bank of Dallas, U.S. Bureau of Labor Statistics,and Texas Workforce Commission
Note: U6 unemployment includes marginally attached workers who currently are neither working nor looking for work but
indicate that they want and are available for a job and have looked for work sometime in the recent past. Discouraged
workers, a subset of the marginally attached, have given a job-market related reason for not looking currently for a job.
Persons employed part-time for economic reasons are those who want and are available for full-time work but have had to
settle for a part-time schedule.
47
Section 4
City of Denton
Quarterly Financial Report
June 2022
INVESTMENT REPORT
48
DocuSign Envelope ID:74882A89-E31F-413D-B49F-288A6CCFBBD3
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
MOT
---------------------------------------------
INVESTMENT POOL
Policy
Par Market Book Unrealized Max. Benchmark
::Portfolio: Value Value Value Gain/(Loss)' WAM WAM YTM Yield*
-------------------------------------------------------------------------------------------------- .............. .................... .....
::Investment Pool j$ 656,943,844 $ 653,540,415 $ 655,280,824 $ (1,740,408) 201 550 1.20% 2.65=
*Market yield on U.S.Treasury securities at
1-year constant maturity,quoted on
investment basis %of Total
Par Market Book Unrealized Portfolio Policy
:Securities By Investment Type: Value Value Value Gain/(Loss)" WAM YTM (Book Value)' Max.
---------------------------------------------------------------------------------------------- ------
:U.S.Treasuries $ 335,000,000 $ 332,422,735 $ 333,987,990 $ (1,565,255) 283 1.42% 50.97% i_65_06%7--------
:U.S.Federal Agencies 92,300,000 $ 91,779,177 $ 91,819,835 $ (40,658) 331 1.96% 14.01% 100.00%
:U.S.Federal Agencies-Callable 10,000,000 $ 9,964,326 $ 10,000,000 $ (35,674) 328 2.50% 1.53% 20.00%
Municipal Bonds
$ - $ - $ - $ 0.00% 15.00%
:Certificates of Deposit $ - $ - $ - $ 0.00% 35.00%
;Commercial Paper $ 25,000,000 $ 24,730,333 $ 24,829,153 $ (98,821) 140 1.68% 3.79% 15.00%
:Local Government Investment Pools $ 137,775,270 $ 137,775,270 $ 137,775,270 $ 1 0.33% 21.03% 50.00%
Demand Deposits $ 22:i8418 W1 $ 56,868,575 $ 56,868,575 $ 1 0.32% 8.68% -
:Total Portfolio i 656,943,844
$ 653,540,415 $ 655,280,824 $ (1,740,409) 201 1.20% 100.00%
Unrealized gain/(loss)is the difference between the market and book value and does not represent an actual gain or loss. Gains and losses are realized only::
:when a security is sold prior to maturity. Since it is the City's practice to hold investments until they mature,the temporary gains and losses are unlikely to be;
:realized.
1
Current 3 Months Ago 3 Month I Year Ago I Year Ago
::Investment Pool Comparisons: 1 6/3012022 313112022 Difference 6/3012021 Difference
------------------------------------
Par Value
I$ 656,943,844 $ 669,618,310 $ (12,674,466) $ 544,831,766 $ 112,112,079
Market Value $ 653,540,415 $ 668,810,986 $ (15,270,571) $ 546,469,950 $ 107,070,466
::Book Value $ 655,280,824 $ 669,801,992 $ (14,521,169) $ 545,406,594 $ 109,874,230
:Unrealized Gain(Loss) $ (1,740,408) $ (991,006) $ (749,402) $ 1,063,356 $ (2,803,764)
:Weighted Average Maturity 1 201 101 100 85 116
I
Yeld to Maturity 1 1.20% 0.39% 0.81% 0.38% 0.82%
I
I
I
I
:Portfolio Composition: I
I
:U.S.Treasuries 1 50.97% 36.61% 14.36% 16.37% 34.60%
I
P.S.Federal Agencies 1 14.01% 7.47% 6.54% 20.67% -6.66%
I
::U.S.Agencies-Callable 1 1.53% 0.00% 1.53% 0.00% 1.53%
I
:Municipal Bonds 1 0.00% 0.00% 0.00% 1.84% -1.84%
I
:Certificates of Deposit 1 0.00% 0.00% 0.00%
I 0.00o/ 0 "!I I
;Commercial Paper 1 3.79% 5.22-; 13.75% -9.96% 1
I I
::Local Government Investment Pools 1 21.03% 40.72%1 -19.70%61 42.26% -21.23% 1
I
Demand Deposits 8.68% 9.98%1 -1.30%1 5.11% 3.57% 1
I
I
I
I
I
I
:Bank Collateral Review**,. Institution Collateral Type Market Value Collected Balance Pledge Required Collateral Ratio
:Wells Fargo Demand Deposits BNY Mellon U.S.Agency MBS $ 78,644,526 $ 56,868,575 >102% 138.29%
not include FDIC insurance
:Depository Ledger Balance Review: I Institution Account Type Beginning Bal. Deposits Withdrawals Ending Bal. I
I--------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I
1 Wells Fargo Bank Checking $ 45,487,828 $ 209,866,548 $ (221,791,430) $ 33,562,945 1
I
Wells Fargo Bank ARPA Funds $ 11,658,743 $ 11,646,887 $ - $ 23,305,630 1
I
I
I
Compliance Statement&Review: -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------IThe Quarterly Investment Report is in full compliance with the objectives,restrictions,and strategies as set forth in the City of Denton's Investment Policy and the::
!Public Funds Investment Act(Texas Government Code,Chapter 2256.023).
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-----------
D.-Sign d by Do..Sigd by-
Ca.SsatA,a.va��R,In, CI�l.�1bI.AS u
E7FF2DC194EA4F9 3FA579BEB6EC4Ak..
Approver:Cassandra Ogden Reviewer:Nicholas Vincent
Chief Financial Officer Assistant Director of Finance
D...Sig..d by:
I
I
Vacant C361 EA77DOC874E1... I
I
Reviewer: Preparer:Randee Klingele I
I
Controller Treasury Manager I
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
49
DocuSign Envelope ID:74882A89-E31F-413D-B49F-288A6CCFBBD3
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
2022
-------------- ------------------
INVESTMENT POOL
Current 3 Months Ago 3 Month I Year Ago I Year
6/30120?:2 3/31/2022 Difference 6/30/20?�1 Difference
-------------- ---------------------------------------------------------------- ----------------------------
Par Value-U.S.Treasuries $ 335,000,000 $ 245,000,000 $ 90,000,000 $ 89,000,000 $ 246,000,000
:Par Value-U.S.Federal Agencies $ 92,300,000 50,000,000 42,300,000 112,500,000 (20,200,000)
:Par Value-U.S.Federal Agencies-Callable $ 10,000,000 - 10,000,000 - 10,000,000
:Par Value-Municipal Bonds $ - - 10,000,000 (10,000,000)
:Certificates of Deposit $ - - -
:Par Value-Commercial Paper $ 25,000,000 35,000,000 (10,000,000) 75,000,000 (50,000,000)
!Local Government Investment Pools $ 137,775,270 272,775,270 (135,000,000) 230,478,678 (92,703,408)
berriand Deposits $ 56,868,575 66,843,040 (9,974,466) 27,853,088 29,015,487
I
!Total Par Value $ 656,943,844 $ 669,618,310 $ (12,674,466) $ 544,831,766 $ 112,112,079
I
I
I
I
I
Warket Value-U.S.Treasuries $ 332,422,735 $ 244,236,565 $ 88,186,170 $ 89,344,640 $ 243,078,095
I
Warket Value-U.S.Federal Agencies I $ 91,779,177 $ 50,048,326 41,730,851 113,742,774 (21,963,597)
Warket Value-U.S.Federal Agencies-Callable $ 9,964,326 $ - 9,964,326 - 9,964,326
I
;Market Value-Municipal Bonds $ - $ - 10,060,000 (10,060,000)
I
!Certificates of Deposit $ - $ - -
I
Warket Value-Commercial Paper $ 24,730,333 $ 34,907,785 (10,177,453) 74,990,770 (50,260,438)
I
!Local Government Investment Pools $ 137,775,270 $ 272,775,270 (135,000,000) 230,478,678 (92,703,408)
I
!Demand Deposits $ 56,868,575 $ 66,843,040 (9,974,466) 27,853,088 29,015,487
I
!Total Market Value $ 653,540,415 $ 668,810,986 $ (15,270,571) $ 546,469,950 $ 107,070,465
I
I
I
I
I
!Book Value-U.S.Treasuries $ 333,987,990 $ 245,196,061 $ 88,791,929 $ 89,268,528 $ 244,719,462.19
!Book Value-U.S.Federal Agencies $ 91,819,835 $ 50,031,323 41,788,512 112,761,592 (20,941,757)
I
!Book Value-U.S.Federal Agencies-Callable $ 10,000,000 $ - 10,000,000 - 10,000,000
I
!Book Value-Municipal Bonds $ - $ - 10,058,018 (10,058,018)
I
!Certificates of Deposit $ - $ - -
I
!Book Value-Commercial Paper $ 24,829,153 $ 34,956,298 (10,127,144) 74,986,690 (50,157,536)
I
!Local Government Investment Pools $ 137,775,270 $ 272,775,270 (135,000,000) 230,478,678 (92,703,408)
I
!Demand Deposits $ 56,868,575 $ 66,843,040 (9,974,466) 27,853,088 29,015,487
I
!Total Book Value $ 655,280,824 $ 669,801,992 $ (14,521,169) $ 545,406,594 $ 109,874,230
I
:Accrued Interest $ 1,083,307 $ 434,922 $ 648,385 $ 1,256,967 $ (173,660)
:Cash Value- $ 654,623,722 $ 669,245,908 $ (14,622,186) $ 547,726,917 $ 106,896,806
(Total Market Value Accrued Interest)
:Unrealized Gain/(Loss)'
$ (1,740,408) $ (991,006) $ (749,402) $ 1,063,356 $ (2,803,764)
---------------------------------------------------
I
I
I
I
:Strategy Statement: !The investment portfolio is an aggregation of the majority of City funds which may include tax receipts,enterprise fund revenues,fine and fee:
!income,as well as some,but not necessarily all bond proceeds,grants,gifts and endowments. This portfolio is maintained to meet anticipated daily
1!cash needs for the City's operations,capital projects and debt service. In order to meet these obligations and to minimize potential liquidation:
!losses,the dollar-weighted stated average maturity of the investment pool shall not exceed 1.5 years or 550 days. The objectives of this portfolio
Ilare to: (1)ensure safety of principal by investing in only high quality securities for which a strong secondary market exists;(2)ensure that:
!anticipated cash flow needs are matched with adequate investment liquidity;(3)limit market and credit risk through diversification;and(4)attain the
:best feasible yield,commensurate with the objectives and restrictions set forth in the Investment Policy,by actively managing the portfolio to meet:
:or exceed the twelve month moving average yield of a one year U.S.Treasury bill as derived from the Federal Reserve Statistical Release H.15 for:
:constant maturities.
-----------------------------------------------------------------------------------------------------------------------------------------------------------
I
:'Unrealized gain/(loss)is the difference between the market and book value and does not represent an actual gain or loss. Gains and losses are!
!realized only when a security is sold prior to maturity. Since it is the City's practice to hold investments until they mature,the temporary gains and! I
I I I
ilosses,are unlikely to be realized. I I
I I
I I
I I
----------------------------------------------------------------------------------------------------------------------------------------------------------I
I
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50
DocuSign Envelope ID:74882A89-E31F-413D-B49F-288A6CCFBBD3
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
3rd 2022 Page 3
------------------- --------- ...............................................................................................
INVESTMENT POOL
(Based on Book Value)
Current 3 Months Ago I Year Ago
:Summary By Security Type: 6/30/2022 3/3112022 6130/2021
------------------------------------------------------ --------------------------
:U.S.Treasuries $ 333,987,990 $ 245,196,061 $ 89,268,528
U.S.Federal Agencies 91,819,835 50,031,323 112,761,592
U.S.Federal Agencies-Callable 10,000,000
:Municipal Bonds 10,058,018
:Certificates of Deposit
:Commercial Paper 24,829,153 34,956,298 74,986,690
:Local Government Investment Pools 137,775,270 272,775,270 230,478,678
:Demand Deposits 56,868,575 66,843,040 27,853,088
:Total Book Value $ 655,280,824 $ 669,801,992 $ 545,406,594
Demand Deposits 6/30/2022
Local Government Investment Pools
21.03%
U.S.Treasuries
50.97%
Commercial Paper
3.79%
U.S.Federal Agencies-Callable
1.53%
U.S.Federal Agencies
14.01%
:Objective: ---------------------------------------------------------------------------------------------------------------------------------------------------------------
The portfolio is restricted to U.S.Treasuries and agency securities(maturing in less than five years);municipal bonds rated AA or better(maturing in less than;
:three years);insured,collateralized,or standby letter of credit backed certificates of deposit(maturing in less than three years);collateralized repurchase;
:agreements(maturing in less than thirty days);commercial paper rated A-1/P-1 or better(maturing in less than 270 days);and local government pools&SEC::
registered government money market mutual funds(weighted average maturity of less than 60 days).
------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Current 3 Months Ago I Year Ago
:Summary By Security Type: 6/30/2022 3/3112022 6/30/2021
------------------------------------------------------ --------------------------
:U.S.Treasuries 50.97% 36.61% 16.37%
:U.S.Federal Agencies 14.01% 7.47% 20.67%
:U.S.Federal Agencies-Callable 1.53% 0.00% 0.00%
:Municipal Bonds 0.00% 0.00% 1.84%
:Certificates of Deposit 0.00% 0.00% 0.00%
:Commercial Paper 3.79% 5.22% 13.75%
:Local Government Investment Pools 21.03% 40.72% 42.26%
Demand Deposits 8.68% 9.98% 5.11%
:Total 100.00% 100.00% 100.00%
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
51
DocuSign Envelope ID:74882A89-E31F-413D-B49F-288A6CCFBBD3
CITY OF DENTON:QUARTERLY INVESTMENT REPORT
3,d Fla-1 Q.,I Eodmg J.-30,2022 P.Sie,4
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
INVESTMENT POOL
(Based on Book Value)
Current 3 Months Ago 1 Year Ago
Summary By Issuer: 6130/2022 313112022 6/30/2021
:FFCB
$ 37,056,477 $ 24,998,810 $ 72,508,461
:FHLB 59,869,713 20,032,692 25,187,744
:FHLMC - 4,999,821 4,999,102
:FNMA 4,893,645 - 10,066,285
:BAYLOR SCOTT - - 9,998,889
:;JOHNS HOPKINS UNIVERSITY
- 10,000,000 9,999,645
RBC 17,425,697 17,456,954 9,990,036
::STATE OF CALIFORNIA
- - 20,000,000
:STATE OF TEXAS - - 10,058,018
TEXPOOL 100,000,000 150,000,000 115,000,000
TEXSTAR 37,775,270 122,775,270 115,478,678
TOYOTA MOTOR CREDIT CORP 7,403,456 7,499,344 9,998,819
:U.S.TREASURY 333,987,990 245,196,061 89,268,528
::UNIVERSITY OF TEXAS
- - 14,999,300
WELLS FARGO DEMAND DEPOSITS 56,868,575 66,1543,040 27,853,088
:Total Book Value $ 655,280,824 $ 669,801,992 $ 545,406,594
WELLS FARGO DEMAND FFCB
DEPOSITS S.66% FHUB
8.68% 9.14%
FNMA
0.75%
RBC
2.66%
TEXPOOL
15.26%
---TEXSTAR
U.S.TREASURY) 5.76%
50.97%
\-TOYOTA MOTOR CREDIT
CORP
1.13%
ht is the policy of the City to diversify its investment portfolio by restricting investments in a single issuer/institution to no more than 35 percent of the portfolio's total book value and to those I
!offering repurchase agreements,collateralized CDs(including standby letters of credit),and local or state of Tens municipal securities to no greater than 15 percent.The purpose of this I:
I
;requirement is to limit market and credit risk.Commercial paper issuers are further restricted by a 5 percent total portfolio limitation.There are no issuer limitations on U.S.Treasuries or
!FDIC insured products except as they pertain to the overall 35%certificates of deposit and 15%savings deposit restrictions.Some investment types may be further limited.
Summary By Issuer: 1 6/30/2022 313112022 6/30/2021
FFCB 1 5.66% 3.73% 13.29%
:FHLB I
1 9.14% 2.99% 4.62%
:FHLMC 1 0.00% 0.75% 0.92%
:FNMA I
1 0.75% 0.00% 1.85%
fBAYLOR SCOTT I
1 0.00% 0.00% 1.83% 1
!JOHNS HOPKINS UNIVERSITY I
1 0.00% 1.49% 1.83% 1
l:RBC 1 2.66% 2.61% 1.83% 1
I I
':STATE OF CALIFORNIA 1 0.00% 0.00% 3.67% 1
I I
STATE OF TEXAS 1 0.00% 0.00% 1.84% 1
:TEXPOOL I
15.26% 22.39% 21.09% 1
:TEXSTAR 5.76% 18.33% 21.17% 1
:TOYOTA MOTOR CREDIT CORP 1.13% 1.12% 1.83% 1
I
:U.S.TREASURY 1 50.97% 36.61% 16.37% 1
I
:UNIVERSITY OF TEXAS I
1 0.00% 0.00% 2.75% 1
WELLS FARGO DEMAND DEPOSITS 8.68% 9M98% 5.11%
::Total 100.00% 100.00% 100.00%
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52
DocuSign Envelope ID:74882A89-E31F-413D-B49F-288A6CCFBBD3
CITY OF DENTON : QUARTERLY INVESTMENT REPORT
3rd Fiscal Quarter Ending June 30,2022 pag,91112
INVESTMENT POOL
(Based on Par Value)
Current 3 Months Ago 1 Year Ago
;Maturity Time Frame: 6130/2022 3/31/2022 6130/2021
--------------------------------------------------------------------------------------------------------------
:00-03 Months $ 294,643,844 $ 414,618,310 $ 388,331,766
:03-06 Months 60,000,000 100,000,000 66,500,000
:06-12 Months 147,300,000 125,000,000 50,000,000
:12-24 Months 155,000,000 30,000,000 30,000,000
:24 Months&Over - - 10,000,000
:Total Par Value $ 656,943,844 $ 669,618,310 $ 544,831,766
$750,000,000
$700,000,000
$650,000,000
$600,000,000
$550,000,000
$500,000,000
$450,000,000
$400,000,000
$350,000,000
$300,000,000
$250,000,000
$200,000,000
$150,000,000
$100,000,000
$50,000,000
$o
Current 3 Months Ago I Year Ago
000-06Months 006-12Months 012-24Months 024 Months&Over
---------------------------------------------------------------------------------------------------------------------------------------------------
:Objective: IThe risk of market price volatility is minimized through maturity diversification. Investment maturities are staggered to provide cash flows based on
the anticipated needs of the City.Liquidity is achieved by matching investment maturities with forecasted cash disbursements and by investing in
securities with active secondary markets. Short-term local government investment pools and government money market mutual funds help to
provide daily liquidity and may be utilized as a competitive alternative to other fixed income investments.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Current 3 Months Ago 1 Year Ago
;Maturity Time Frame: 6130/2022 3/31/2022 6/30/2021
-------------------------------------------------------------------------------------------------------------
:00-03 Months 44.85% 61.92% 71.28%
1 03-06 Months 9.13% 14.93% 12.21%
106-12 Months 22.42% 18.67% 9.18%
:12-24 Months 23.59% 4.48% 5.51%
:24 Months&Over 0.00% 0.00% 1.84%
:Total 100.00% 100.00% 100.00%
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
53
DocuSign Envelope ID:74882A89-E31F-413D-B49F-288A6CCFBBD3
CITY OF • QUARTERLY INVESTMENT REPORT
ECONOMIC SUMMARY
Interest Rate History
,
Fiscal Year 2016-2017 Fiscal Year 2017-2018 Fiscal Year 2018.2019
Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19
;Market Sector:' r---Ayq-------Avq-------Ayq-------Ayq"'i...A_v_@"""-A_vQ""""AY@""""AYq"'F---Ayq""""AY$"""'-Av_@"..... v_@"'i
:Fed Funds(effective) 0.54% 0.79% 1.04% 1.15%: 1.30% 1.67% 1.90% 2.15%: 2.40% 2.41% 2.37% 1.90%:
:3-Month U.S.T-Bill 0.51% 0.75% 1.00% 1.05%: 1.32% 1.71% 1.92% 2.20%: 2.36% 2.39% 2.09% 1.82%:
2-Year U.S.T-Note 1.20% 1.31% 1.34% 1.38%: 1.84% 2.27% 2.53% 2.57%: 2.49% 2.26% 2.10% 1.76%:
:Portfolio Benchmark(FRB) 0.61% 0.69% 0.83% 1.00%: 1.20% 1.46% 1.75% 2.05%: 2.33% 2.48% 2.00% 1.80%:
:Portfolio Yield 0.95% 1.07% 1.16% 1.25%: 1.29% 1.42% 1.58% 1.73%: 2.01% 2.20% 2.20% 2.08%:
---------------------------------------------------------------------------------------------'---------________-_____-"----------------------
E--------------------------------"""""""--"""""""""""""""""""""'---------------______________----------__-------------J
Fiscal Year 2019-2020 Fiscal Year 2020.2021 Fiscal Year 2021.2022
,
Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22
Market Sector:` 1---Aye-------Avg-------Avq-------AyA- --Am-------Am--------Lu--------Ayq � --AVa-------Av9--------Avg-------A�Q--
:FedFunds(effective) 1.56% 0.02% 0.08% 0.09%: 0.08% 0.06% 0.05% 0.05%: 0.07% 0.32% 1.56%
:3-Month U.S.T-Bill 1.55% 0.09% 0.14% 0.10%: 0.07% 0.02% 0.04% 0.04%: 0.04% 0.50% 1.67%
:2-Year U.S.T-Note 1.57% 0.25% 0.15% 0.13%: 0.12% 0.15% 0.25% 0.21%: 0.38% 1.61% 2.96%
:Portfolio Benchmark(FRB) 1.55% 0.33% 0.18% 0.13%: 0.12% 0.08% 0.07% 0.08%: 0.30% 1.34% 2.65%
:Portfolio Yield 196% 1.62% 1.31% 0.94%: 0.80% 0.45% 0.38% 0.24%: 0.17% 0.39-%-------1-.-2-0--%
--- --------------4---------- ------------L----------------------
FY -------------i
2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22
;'Source:Hilltop Secutities 4.00%
3.00%
2,00% -
1 00%
LA0.00%
Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun-
22 22
Fed Funds -3-Month T-Bill t2-Year T-Note i-Portfolio Yield Portfolio Benchmark"
---------------------------------------------------------------------------------------------------- yr cons m Y_
Fiscal Year-to-Date Earnings
___________r_______________________ ________________�____________r______ r____________I-_______________________r___________�_______
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
: 1-----------'-------3 Mont'--------�-----------'-------6 Mont---------------------'---- ------ - -- '------
:Fiscal Year: 3 Months 6 Months 9 Months 12 Months
' t-------------_---------------------------------____ ______________________________________________________________________________________________ _
;2021-2022 :$ 388,020 : $ 753,874: : $ 1,884,695:
:2020-2021 $ 1,324,344; $ 2,332,128; $ 2,937,508; $ 3,413,936
2019-2020 I$ 2,982,157: I $ 5,750,008: I$ 7,751,129: I$ 9,330,232:
:2018-2019 $ 2,955,835; $ 6,122,536; $ 9,262,499; $ 12,354,692
:2017-2018 $ 2,138,420: I $ 4,317,890: I$ 6,515,166: I$ 8,955,045:
'QUARTERLY COMMENTARY
:Staff Analysis :The portfolio is in compliance with the City's Investment Policy.During the third quarter nine investments matured totaling$82.5
:million and nineteen investments were purchased totaling$214.8 million.The portfolio's weighted average yield lagged the
benchmark 12-month Treasury bill index by 145 basis points.This benchmark lag is due to a sudden spike in short-term rates
caused by Fed tightening during the April-June months.The Investments and deposits with daily liquidity was 29.6%. This period:
:the Fed raised the target range for the federal funds rate three times,25 bp's,50 bp's,and 75 bp's.They also initated their
:planned reduction of reinvestment in their bond holdings. Staff will continue to monitor the investment portfolio and ensure
:compliance with the City's Investment Policy and the Public Funds Investment Act.
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
54
Monthly Reports
Portfolio Management Page 1
Portfolio Details - Investments
June 30, 2022
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Treasury Securities-Coupon
912828YA2 4105 U.S.TREASURY 06/11/2021 10,000,000.00 10,000,630.00 10,017,537.25 1.500 0.078 45 08/15/2022
9128287C8 4114 U.S.TREASURY 07/28/2021 10,000,000.00 10,002,060.00 10,006,447.53 1.750 0.069 14 07/15/2022
91282CAG6 4116 U.S.TREASURY 07/29/2021 20,000,000.00 19,952,240.00 20,001,556.61 0.125 0.078 61 08/31/2022
912828YF1 4117 U.S.TREASURY 07/29/2021 20,000,000.00 19,993,080.00 20,058,656.17 1.500 0.089 76 09/15/2022
912828YA2 4124 U.S.TREASURY 09/03/2021 10,000,000.00 10,000,630.00 10,017,527.32 1.500 0.078 45 08/15/2022
91282CAR2 4125 U.S.TREASURY 09/15/2021 5,000,000.00 4,967,055.00 5,000,521.78 0.125 0.094 122 10/31/2022
912828TY6 4126 U.S.TREASURY 09/23/2021 10,000,000.00 9,975,000.00 10,057,100.40 1.625 0.101 137 11/15/2022
912828YW4 4127 U.S.TREASURY 10/18/2021 10,000,000.00 9,964,450.00 10,067,085.00 1.625 0.156 167 12/15/2022
912828Z86 4128 U.S.TREASURY 10/18/2021 10,000,000.00 9,920,700.00 10,073,038.02 1.375 0.206 229 02/15/2023
912828ZD5 4132 U.S.TREASURY 12/09/2021 10,000,000.00 9,844,920.00 10,002,830.97 0.500 0.460 257 03/15/2023
912828UN8 4134 U.S.TREASURY 03/03/2022 20,000,000.00 19,918,760.00 20,114,828.08 2.000 1.077 229 02/15/2023
912828YW4 4135 U.S.TREASURY 03/03/2022 10,000,000.00 9,964,450.00 10,031,821.65 1.625 0.924 167 12/15/2022
91282CBG5 4136 U.S.TREASURY 03/03/2022 20,000,000.00 19,715,620.00 19,893,880.99 0.125 1.037 214 01/31/2023
91282CBN0 4137 U.S.TREASURY 03/11/2022 20,000,000.00 19,663,280.00 19,860,606.46 0.125 1.185 242 02/28/2023
912828ZH6 4139 U.S.TREASURY 03/24/2022 20,000,000.00 19,594,540.00 19,781,976.74 0.250 1.649 288 04/15/2023
912828Z86 4140 U.S.TREASURY 04/14/2022 20,000,000.00 19,841,400.00 19,969,696.66 1.375 1.619 229 02/15/2023
912828ZU7 4144 U.S.TREASURY 05/05/2022 10,000,000.00 9,749,610.00 9,804,573.97 0.250 2.332 349 06/15/2023
912828ZY9 4146 U.S.TREASURY 06/02/2022 10,000,000.00 9,715,620.00 9,783,735.45 0.125 2.244 379 07/15/2023
91282CER8 4148 U.S.TREASURY 06/14/2022 10,000,000.00 9,917,970.00 9,865,378.75 2.500 3.231 700 05/31/2024
912828VS6 4151 U.S.TREASURY 06/22/2022 20,000,000.00 19,895,320.00 19,891,445.41 2.500 2.993 410 08/15/2023
912828666 4153 U.S.TREASURY 06/22/2022 10,000,000.00 9,971,880.00 9,936,124.07 2.750 3.155 594 02/15/2024
9128285K2 4154 U.S.TREASURY 06/28/2022 10,000,000.00 9,994,920.00 9,980,588.33 2.875 3.023 487 10/31/2023
9128285P1 4155 U.S.TREASURY 06/28/2022 10,000,000.00 9,993,750.00 9,978,639.58 2.875 3.029 517 11/30/2023
912828666 4156 U.S.TREASURY 06/28/2022 20,000,000.00 19,943,760.00 19,901,279.84 2.750 3.063 594 02/15/2024
91282CEK3 4157 U.S.TREASURY 06/28/2022 10,000,000.00 9,921,090.00 9,891,113.28 2.500 3.115 669 04/30/2024
Subtotal and Average 278,242,029.74 335,000,000.00 332,422,735.00 333,987,990.31 1.423 283
Federal Agency Issues-Coupon
3133EKAU0 4013 FFCB 02/21/2019 10,000,000.00 9,962,992.90 9,999,772.22 2.570 2.572 416 08/21/2023
3133EMK68 4106 FFCB 06/16/2021 10,000,000.00 9,966,160.00 9,999,896.67 0.080 0.085 77 09/16/2022
3133ELG81 4145 FFCB 05/23/2022 7,300,000.00 7,123,990.87 7,175,617.34 0.300 2.150 342 06/08/2023
3133ENYH7 4149 FFCB 06/16/2022 10,000,000.00 9,929,834.90 9,881,190.46 2.625 3.262 710 06/10/2024
3130ABCY0 4067 FHLB 03/16/2020 10,000,000.00 10,000,486.50 10,001,395.90 1.955 0.069 4 07/05/2022
3130ANEU0 4115 FHLB 07/29/2021 10,000,000.00 9,988,428.90 9,999,975.69 0.070 0.074 25 07/26/2022
3130A3DL5 4152 FHLB 06/22/2022 20,000,000.00 19,882,901.60 19,833,509.17 2.375 3.094 434 09/08/2023
3130AOF70 4158 FHLB 06/30/2022 10,000,000.00 10,056,784.30 10,034,832.63 3.375 3.124 525 12/08/2023
Portfolio CITY
Data Updated:SET-MO:07/13/2022 09:16 AP
Run Date:07/13/2022-09:17
PM(PRF_PM2)7.3.0
55
Report Ver.7.3.6.1
Monthly Reports
Portfolio Management Page 2
Portfolio Details - Investments
June 30, 2022
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Federal Agency Issues-Coupon
3135G05G4 4147 FNMA 06/08/2022 5,000,000.00 4,867,597.20 4,893,645.30 0.250 2.364 374 07/10/2023
Subtotal and Average 63,316,432.51 92,300,000.00 91,779,177.17 91,819,835.38 1.960 331
Federal Agency Issue-Step-Up
3130ARYL9 4143 FHLB 05/27/2022 10,000,000.00 9,964,326.20 10,000,000.00 2.000 2.500 328 05/25/2023
Subtotal and Average 10,000,000.00 10,000,000.00 9,964,326.20 10,000,000.00 2.500 328
Commercial Paper Disc.-Amortizing
78009BKR2 4133 RBC 01/31/2022 10,000,000.00 9,915,560.00 9,976,155.56 0.740 0.762 116 10/25/2022
78009BLJ9 4141 RBC 04/19/2022 7,500,000.00 7,417,365.00 7,449,541.67 1.730 1.799 140 11/18/2022
89233HMK7 4150 TOYOTA MOTOR CREDIT 06/22/2022 7,500,000.00 7,397,407.50 7,403,456.25 2.785 171 12/19/2022
Subtotal and Average 24,636,556.95 25,000,000.00 24,730,332.50 24,829,153.48 1.676 140
Commercial Paper-Interest Bearing
Subtotal and Average 5,000,000.00
Local Govt Investment Pools
SYS3996 3996 LOCAL GOVT INV POOL-TEXPOOL 100,000,000.00 100,000,000.00 100,000,000.00 0.013 0.013 1
SYS3641 3641 LOCAL GOVT INV POOL-TEXSTAR 37,775,269.64 37,775,269.64 37,775,269.64 1.165 1.165 1
Subtotal and Average 212,275,269.64 137,775,269.64 137,775,269.64 137,775,269.64 0.329 1
Demand Deposits
SYS3706 3706 DEMAND DEPOSITS- WELLS FARGO 33,562,944.94 33,562,944.94 33,562,944.94 0.320 0.320 1
SYS4082 4082 DEMAND DEPOSITS- WELLS FARGO 10/01/2021 0.00 0.00 0.00 0.000 1
SYS4104 4104 DEMAND DEPOSITS- WELLS FARGO 23,305,629.84 23,305,629.84 23,305,629.84 0.320 0.320 1
Subtotal and Average 59,759,493.49 56,868,574.78 56,868,574.78 56,868,574.78 0.320 1
Total and Average 653,229,782.33 656,943,844.42 653,540,415.29 655,280,823.59 1.198 201
Portfolio CITY
Data Updated:SET_MO:07/13/2022 09:16 AP
Run Date:07/13/2022-09:17
PM(PRF_PM2)7.3.0
56
Monthly Reports
Portfolio Management Page 3
Portfolio Details - Cash
June 30, 2022
Average Purchase Stated YTM Days to
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity
Average Balance 0.00 0
Total Cash and Investments 653,229,782.33 656,943,844.42 653,540,415.29 655,280,823.59 1.198 201
Portfolio CITY
Data Updated:SET_MO:07/13/2022 09:16 AP
Run Date:07/13/2022-09:17
PM(PRF_PM2)7.3.0
57
Number of Pending Requests by Council Member Number of Requests for Departments Current Year Requests by Council
6 Person
5 Community Svcs -
4 3 Environmental Svcs
2 . 1 1 Public L^;orks 196
0 0 0 Capital Projects
0 ,,p� Utilities 37r
Ai ���� �0�� � 3�� �T�� �cC7� CMO ■52
Library Total Requests Made 213
Legal
t``a�0 0`aoJ Fire .57
Police 26
Tech Services 47
Number of • Airport i
Public Atfaim'Customer Svc
200 97 152 189 117 Economic Development 0 100 200 300 400
100 E Development Svcs -
0M Finance Jesse Davis • Mayor Gerard Hudspeth i Vicki Byrd
01 21/22 Q2 21122 03 21/22 04 2122 A ud d
Municipal Court • Brian Beck • Alison Maguire Chrislydatts
Brandon Chase McGeeProcurement
Real Estate
Council Requests C• Request . Risk
Other Some requests involve multiple departments causing the total
10 0 50 100 150 requests by department to add up higher than the total request
Completed,In Progress,or Council Request Form count
Scheduled
59
Friday Report - Council Requests smartsheet
. Requestor ..
Staff Assigned Department Comments
Request for an update and ETA from TxDOT on Mayor Hudspeth 09/08/22 Becky Diviney Capital Projects/Engineering Information will be included in a I In Progress
1 clean-up under the bridge,off of the Fort Worth future Friday Report.
Drive service road.
Request to address persons camping in the City's Mayor Hudspeth 09/08/22 Danielle Shaw Community Services Information will be included in a In Progress
2 right of way,behind the storage business Fort Worth future Friday Report.
Drive.
3 Request for staff to address the issue of tires being Mayor Hudspeth 09/08/22 Danielle Shaw Community Services Information will be included in a In Progress
left out overnight at a tire shop on Dallas Drive. future Friday Report.
4 Inquiry on plans in response to flooding in Muzquiz Council Member Davis 09/09/22 Monica Benavides City Manager's Office Information included in the Complete •
Sept.9 Friday Report.
Request for information and/or educational material Mayor Hudspeth 09/08/22 Mack Reinwand,Scott Development Services Legal Information included in the Complete •
5 explaining the rights of businesses and what the city McDonald Sept.9 Friday Report.
can regulate regarding events,i.e.a Drag Brunch.
6 Inquiry on the possibility of partnering with"Be The Council Member McGee 09/07/22 Ryan Adams City Manager's Office Information included in the Complete •
Match"organization. Sept.9 Friday Report.
7 Sharing a resident's opposition to a possible Mayor Hudspeth 09/07/22 Scott McDonald,Tina Firgens Development Services Information shared directly with Complete •
apartment complex on Mills Road. Development Services staff.
Notifying staff of a big crack in the chip seal on Council Member Davis 09/02/22 Daniel Kremer,Ethan Cox Public Works-Streets Information included in the Complete
8 Malone,northbound lane,south of Egan Sept.9 Friday Report.
intersection.
Two-minute pitch request for a work session to Council Member Davis 08/16/22 Becky Diviney Capital Projects/Engineering Scheduled for the Sept.20 Scheduled •
discuss 1)the status of the TXDOT roads we intend Council meeting.
9 to take back;and 2)amending the Mobility Plan to
show a roundabout at the intersection of
Eagle/Bell/Dallas/Locust.
Two-minute pitch request to discuss and review the Council Member Byrd 08/16/22 Mack Reinwand,Sarah Human Resources Legal Scheduled for the Sept.20 Scheduled •
prospect to eliminate from city policy all Kuechler Council meeting.
10 unnecessary employee drug testing except where
unambiguously legally REQUIRED by state or
federal law.
Exported on September 9,2022 3:38:30 PM CDT 59 Page 1 of 1
City of Denton City Hall
215 E.McKinney St.
Meeting Calendar Denton,Texas 76201
U E NTO N www.cityofdenton.com
Criteria : Begin Date: 91112022, End Date: 1113012022
Date Time Meeting Body Meeting Location
September 2022
9/1/2022 8:00 AM Agenda Committee City Hall Conference Room
9/1/2022 8:30 AM Economic Development Partnership Development Service Center
Board Training Rooms
9/1/2022 4:00 PM Public Art Committee Civic Center Community Room
9/5/2022 6:00 PM Board of Ethics Council Work Session Room
9/8/2022 3:00 PM Health&Building Standards Development Service Center
Commission
9/9/2022 12:00 PM Community Services Advisory Development Service Center(401
Committee N. Elm Street, Denton,Texas)
9/9/2022 1:00 PM Committee on the Environment Sustainability Office
9/12/2022 9:00 AM Public Utilities Board Council Work Session Room
9/12/2022 10:00 AM Development Code Review Committee Development Service Center
9/12/2022 5:30 PM Historic Landmark Commission Development Service Center
9/12/2022 5:30 PM Library Board Meeting Room at the Emily
Fowler Central Library, 502
Oakland St., Denton, Texas
9/12/2022 6:00 PM Parks, Recreation and Beautification Civic Center Community Room
Board
9/13/2022 2:00 PM City Council Council Work Session Room
9/14/2022 11:00 AM Economic Development Partnership Development Service Center
Board Training Rooms
9/14/2022 3:00 PM Airport Advisory Board Airport Terminal Meeting Room
9/14/2022 5:00 PM Planning and Zoning Commission Council Work Session Room
Council Chambers
9/15/2022 3:00 PM Committee on Persons with Disabilities Development Service Center
9/20/2022 2:00 PM City Council Council Work Session Room
Council Chambers
9/23/2022 1:00 PM Sustainability Framework Advisory Council Work Session Room
Committee
9/26/2022 9:00 AM Public Utilities Board Council Work Session Room
City of Denton Page 1 Printed on 9/9/2022
60
Meeting Calendar continued..
Date Time Meeting Body Meeting Location
9/26/2022 10:00 AM Development Code Review Committee Development Service Center
d
9/26/2022 5:30 PM Zoning Board of Adjustment Council Chambers
9/27/2022 2:00 PM City Council Council Work Session Room
Council Chambers
9/28/2022 9:00 AM Mobility Committee Council Work Session Room
9/28/2022 12:00 PM Downtown Denton Tax Increment Development Service Center
Financing Zone No. 1 Board Training Rooms
9/28/2022 1:00 PM Civil Service Commission City Hall East
Human Resources Training Room
9/28/2022 5:00 PM Planning and Zoning Commission Council Work Session Room
Council Chambers
October 2022
10/3/2022 6:00 PM Parks, Recreation and Beautification Civic Center Community Room
Board
10/6/2022 8:00 AM Agenda Committee City Hall Conference Room
10/6/2022 8:30 AM Economic Development Partnership Development Service Center
Board Training Rooms
10/6/2022 4:00 PM Public Art Committee Civic Center Community Room
10/10/2022 9:00 AM Public Utilities Board Council Work Session Room
10/10/2022 10:00 AM Development Code Review Committee Development Service Center
10/10/2022 5:30 PM Historic Landmark Commission Development Service Center
10/10/2022 5:30 PM Library Board Meeting Room at the North
Branch Library, 3020 N. Locust,
Denton,Texas
10/11/2022 11:30 AM City Council Council Work Session Room
Council Chambers
10/12/2022 11:00 AM Economic Development Partnership Development Service Center
Board Training Rooms
10/12/2022 3:00 PM Airport Advisory Board Airport Terminal Meeting Room
10/12/2022 5:00 PM Planning and Zoning Commission Council Work Session Room
Council Chambers
10/13/2022 3:00 PM Health&Building Standards Development Service Center
Commission
10/14/2022 12:00 PM Community Services Advisory Development Service Center(401
Committee N. Elm Street, Denton,Texas)
10/17/2022 5:30 PM Traffic Safety Commission Development Service Center
City of Denton Page 2 Printed on 9/9/2022
61
Meeting Calendar continued..
Date Time Meeting Body Meeting Location
10/18/2022 12:00 PM City Council Development Service Center
Council Chambers
10/18/2022 12:00 PM Planning and Zoning Commission Development Service Center
10/18/2022 2:00 PM City Council Council Work Session Room
Council Chambers
10/19/2022 3:00 PM Animal Shelter Advisory Committee Council Work Session Room
10/24/2022 9:00 AM Public Utilities Board Council Work Session Room
10/25/2022 2:00 PM City Council Council Work Session Room
Council Chambers
10/26/2022 9:00 AM Mobility Committee Council Work Session Room
10/26/2022 12:00 PM Downtown Denton Tax Increment Development Service Center
Financing Zone No. 1 Board Training Rooms
10/26/2022 5:00 PM Planning and Zoning Commission Council Work Session Room
Council Chambers
10/28/2022 1:00 PM Sustainability Framework Advisory Council Work Session Room
Committee
10/31/2022 5:30 PM Zoning Board of Adjustment Council Chambers
November 2022
11/1/2022 2:00 PM City Council Council Work Session Room
Council Chambers
11/3/2022 8:00 AM Agenda Committee City Hall Conference Room
11/3/2022 8:30 AM Economic Development Partnership Development Service Center
Board Training Rooms
11/7/2022 6:00 PM Parks, Recreation and Beautification Civic Center Community Room
Board
11/9/2022 11:00 AM Economic Development Partnership Development Service Center
Board Training Rooms
11/9/2022 3:00 PM Airport Advisory Board Airport Terminal Meeting Room
11/14/2022 9:00 AM Public Utilities Board Council Work Session Room
11/14/2022 5:30 PM Historic Landmark Commission Development Service Center
11/14/2022 5:30 PM Library Board Meeting Room at the South
Branch Library, 3228 Teasley
Lane, Denton, Texas
11/15/2022 11:30 AM City Council Development Service Center
Council Chambers
City of Denton Page 3 Printed on 9/9/2022
62
Meeting Calendar continued..
Date Time Meeting Body Meeting Location
11/15/2022 2:00 PM City Council Council Work Session Room
Council Chambers
11/16/2022 9:00 AM Mobility Committee Council Work Session Room
11/16/2022 5:00 PM Planning and Zoning Commission Council Work Session Room
Council Chambers
11/16/2022 6:00 PM Denton Police Department Chief of Public Safety Training Center
Police Advisory Board 719 E. Hickory Street
Denton,Texas 76205
11/17/2022 6:00 PM City Council Embassy Suites Denton
Convention Center
Council Chambers
11/18/2022 1:00 PM Sustainability Framework Advisory Council Work Session Room
Committee
11/23/2022 12:00 PM Downtown Denton Tax Increment Development Service Center
Financing Zone No. 1 Board Training Rooms
11/29/2022 11:30 AM City Council Denton ISD Central Services
Building
Council Chambers
City of Denton Page 4 Printed on 9/9/2022
63
Cityof Denton City Hall
215 E. McKinney St.
Denton,Texas 76201
► . www.cityofdenton.com
Meeting Agenda
City Council
Tuesday, September 13, 2022 2:00 PM Council Work Session Room
SPECIAL CALLED MEETING
WORK SESSION BEGINS AT 2:00 P.M.IN THE COUNCIL WORK SESSION ROOM
CLOSED MEETING WILL BEGIN IMMEDIATELY FOLLOWING THE WORK SESSION IN
THE COUNCIL WORK SESSION ROOM
After determining that a quorum is present, the City Council of the City of Denton, Texas will convene in a
Work Session on Tuesday, September 13, 2022, 2:00 p.m. in the Council Work Session Room at City Hall,
215 E.McKinney Street,Denton,Texas at which the following items will be considered:
WORK SESSION
1. Work Session Reports
A. ID 22-1366 Receive a report, hold a discussion, and give staff direction regarding the preliminary FY
2022-23 Proposed Budget, Tax Rate, Capital Improvement Program and Five-Year
Financial Forecast.
[Estimated Presentation/Discussion Time: 1 hour]
B. ID 22-1 134 Receive a report and hold a discussion on the commemoration of former residents of
Quakertown.
[Estimated Presentation/Discussion Time: 45 minutes]
Following the completion of the Work Session, the City Council will convene in a Closed Meeting in the
Council Work Session Room to consider specific item(s) when these items are listed below under the Closed
Meeting section of this agenda. The City Council reserves the right to adjourn into a Closed Meeting on any
item on its Open Meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended,
or as otherwise allowed by law.
1. Closed Meeting:
A. ID 22-1860 Consultation with Attorneys-Under Texas Government Code Section 551.071.
Consult with the City's attorneys on the legal status, expenses, strategy and options for
resolution of litigation in Case No. 05-20-00945-CV, styled "City of Denton, Appellant
v. Michael Grim and Jim Maynard, Appellees," pending in the Court of Appeals Fifth
District of Texas at Dallas, on Appeal from the 68th Judicial District Court Dallas County,
Texas, Trial Court Case No. DC-17-08139; where public discussion of these legal
matters would conflict with the duty of the City's attorneys to the City of Denton and the
Denton City Council under the Texas Disciplinary Rules of Professional Conduct of the
State Bar of Texas, or otherwise compromise the City's legal position in pending litigation.
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Following the Closed Meeting, the City Council will reconvene in Open Meeting to take action, if any, on
matters discussed in closed session.
Note: The City Council reserves the right to adjourn into a Closed Meeting or Executive Session as authorized
by Texas Government Code, Section 551.001, et seq. (The Texas Open Meetings Act) on any item on its
open meeting agenda or to reconvene in a continuation of the Closed Meeting on the Closed Meeting items
noted above, in accordance with the Texas Open Meetings Act, including, without limitation Sections
551.071-551.086 of the Texas Open Meetings Act.
CERTIFICATE
I certify that the above notice of meeting was posted on the official website
(https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E.
McKinney Street, Denton, Texas, on September 9, 2022, in advance of the 72-hour posting deadline, as
applicable, and in accordance with Chapter 551 of the Texas Government Code.
CITY SECRETARY
NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE
ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY
WILL PROVIDE ACCOMMODATION, SUCH AS SIGN LANGUAGE INTERPRETERS FOR THE
HEARING IMPAIRED, IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE
SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940-349-8309 OR
USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX
SO THAT REASONABLE ACCOMMODATION CAN BE ARRANGED.
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Cityof Denton City Hall
215 E. McKinney St.
J Denton,Texas 76201
www.cityofdenton.com
Meeting Agenda
City Council
Tuesday, September 20, 2022 2:00 PM Council Work Session Room
Council Chambers
CLOSED MEETING BEGINS AT 2:00 P.M.IN THE COUNCIL WORK SESSION ROOM
WORK SESSION BEGINS IMMEDIATELY FOLLOWING THE CLOSE MEETING IN THE
COUNCIL WORK SESSION ROOM
REGULAR MEETING BEGINS AT 6:30 P.M.IN THE COUNCIL CHAMBERS
REGISTRATION GUIDELINES FOR ADDRESSING THE CITY COUNCIL
Individuals may speak during a Council meeting under one of the following categories:
Open Microphone:
At regular meetings only, individuals can speak on any topic that is not on the agenda for no longer than
four (4) minutes per individual. This portion of the meeting occurs immediately after the start of the regular
meeting session. Please note, Council members cannot engage in a discussion on topics presented during
this portion and there are limited slots available for this portion of the meeting.
Comments on Agenda Items:
Public comments can be given for any item considered by the Council, EXCEPT work session reports or
closed meetings. Individuals are only able to comment one time per agenda item and cannot use more than
one method to comment on a single agenda item. Public comments are limited to three (3) minutes per
citizen.
Public Hearing Items:
Individuals are limited to four(4)minutes per public hearing item.
Individuals may participate by using one of the following methods:
1. In Person for Regular or Consent Agenda Items:
To provide in-person comments regular or consent agenda items (excluding public hearing items),
Individuals must be present at the meeting and submit a speaker card (available at the meeting location) to
the City Secretary prior to the item being called.
2. In Person for Public Hearing Items:
For public hearing items, speaker cards are encouraged but not required.
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City Council Meeting Agenda September 20, 2022
3. eComment:
The agenda is posted online at https://tx-denton.civicplus.com/242/Public-Meetings-Agendas. Once the
agenda is posted, a link to make virtual comments using the eComment module will be made available next
to the meeting listing on the Upcoming Events Calendar. Using eComment, Individuals may indicate
support or opposition and submit a brief comment about a specific agenda item. eComments may be
submitted up until the start of the meeting at which time the ability to make an eComment will be closed.
eComments will be sent directly to members of the City Council immediately upon submission and
recorded by the City Secretary into the Minutes of the Meeting.
4. By Phone:
Individuals may register to provide comments by phone. Instructions and a link to register to comment by
phone will be available at www.cityofdenton.com/publicmeetings until noon of the meeting date. Residents
will submit contact information using the link provided and receive further instructions via email on how to
join the meeting by phone and provide comments.
After determining that a quorum is present, the City Council of the City of Denton, Texas will convene in a
Close Meeting on Tuesday, September 20, 2022, at 2:00 p.m. in the Council Work Session Room at City
Hall, 215 E. McKinney Street, Denton, Texas consistent with Chapter 551 of the Texas Government Code, as
amended,or as otherwise allowed by law,as indicated below:
1. Closed Meeting:
A. ID 22-1519 Deliberations regarding Personnel Matters - Under Texas Government Code Section
551.074.
Deliberate and discuss the evaluation, duties, discipline, dismissal, compensation, and/or
contract of the City Auditor.
B. ID 22-1520 Deliberations regarding Personnel Matters - Under Texas Government Code Section
551.074.
Deliberate and discuss the evaluation, duties, discipline, dismissal, compensation, and/or
contract of the Municipal Judge.
C. ID 22-1861 Consultation with Attorneys-Under Texas Government Code Section 551.071.
Consult with the City's attorneys and discuss status, strategy, and potential resolution of
litigation in Cause No. 21-10564-431, styled "Mackinzie Hooks v. City of Denton"
pending in the 431 st Judicial District Court, Denton County, Texas; where discussion of
these legal matters in an open meeting would conflict with the duty of the City's attorneys
to the City of Denton and the Denton City Council under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas, or otherwise compromise the City's legal
position in pending litigation.
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City Council Meeting Agenda September 20,2022
Any final action, decision, or vote on a matter deliberated in a Closed Meeting will only be taken in an Open
Meeting that is held in compliance with Texas Government Code, Chapter 551, except to the extent such final
decision, or vote is taken in the Closed Meeting in accordance with the provisions of Section 551.086 of the
Texas Government Code (the `Public Power Exception'). The City Council reserves the right to adjourn into a
Closed Meeting or Executive Session as authorized by Texas Government Code, Section 551.001, et seq.
(The Texas Open Meetings Act) on any item on its open meeting agenda or to reconvene in a continuation of
the Closed Meeting on the Closed Meeting items noted above, in accordance with the Texas Open Meetings
Act,including,without limitation Sections 551.071-551.086 of the Texas Open Meetings Act.
NOTE: Any item for which a formal action at the Regular Meeting has been taken by Council may
be subject to a request for a motion for reconsideration at any time during the meeting, at the
Concluding Items Section, or after the meeting. In order to comply with the Texas Open Meetings
Act, a request for a motion for reconsideration made during, at the end of, or after a Council meeting
will be placed on the agenda and considered at the next official meeting of the City Council.
Following the Closed Meeting, the City Council will reconvene in Open Meeting to take action, if any, on
matters discussed in closed session.
Following the completion of the Close Meeting, the City Council will convene in a Work Session in the Council
Work Session Room to consider the following items:
WORK SESSION
1. Citizen Comments on Consent Agenda Items
This section of the agenda allows citizens to speak on any item listed on the Consent Agenda prior to its
consideration. Each speaker will be given a total of three (3) minutes to address any item(s). Any person
who wishes to address the City Council regarding these items may do so by utilizing the "By Phone"
registration process as referenced under the REGISTRATION GUIDELINES FOR ADDRESSING THE
CITY COUNCIL detailed at the beginning of this agenda. Registration is required prior to the time the City
Council considers this item. Registrants may call in and remain on hold or receive a call back at the time the
Work Session is called to Order and are encouraged to ensure they remain accessible to accept the call.
2. Requests for clarification of agenda items listed on this agenda.
3. Work Session Reports
A. ID 21-2812 Receive a report, hold a discussion, and give staff direction regarding Audit Project 027-
Network Management: Asset Controls.
[Estimated Presentation/Discussion Time: 30 minutes]
B. ID 21-2806 Receive an update regarding the Denton County Transit Authority (DCTA) from the City
of Denton DCTA Board representative.
[Estimated Presentation/Discussion Time: 30 minutes]
C. ID 22-1772 Receive a report, hold a discussion, and give staff direction regarding the preliminary FY
2022-23 Proposed Budget, Tax Rate, Capital Improvement Program and Five-Year
Financial Forecast.
[Estimated discussion time: 1 hour]
D. ID 22-1446 Receive a report, hold a discussion, and give staff direction on a proposed Municipal
Utility District policy and application requirements.
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City Council Meeting Agenda September 20, 2022
[Estimated Presentation/Discussion Time: 30 minutes]
E. ID 22-882 Receive a report, hold a discussion, and give staff direction on pending City Council
requests for:
(1). A Work Session to discuss and review the prospect of eliminating from City Policy all
unnecessary employee drug testing, except where unambiguously required by state or
federal law.
(2). A Work Session to discuss and review the status of TXDOT roads the City intends
to take back, and amendment of the Mobility Plan to include a roundabout at the
intersection of Eagle,Bell,Dallas, and Locust.
[Estimated Presentation/Discussion Time: 30 minutes]
AFTER DETERMINING THAT A QUORUM IS PRESENT, THE REGULAR MEETING OF
THE CITY OF DENTON CITY COUNCIL WILL CONVENE AT 6:30 P.M. IN THE COUNCIL
CHAMBERS AT CITY HALL, 215 E. MCKINNEY STREET, DENTON, TEXAS AT WHICH
THE FOLLOWING ITEMS WILL BE CONSIDERED:
1. PLEDGE OF ALLEGIANCE
A. U.S. Flag
B. Texas Flag
"Honor the Texas Flag—I pledge allegiance to thee,Texas,one state under God,one and indivisible."
2. PROCLAMATIONS/PRESENTATIONS
A. ID 22-1787 Proclamation: Fire Prevention Week
B. ID 22-1822 Proclamation: Live United Month
3. PRESENTATIONS FROM MEMBERS OF THE PUBLIC
A. Review of procedures for addressing the City Council.
B. Reports from members of the public shall be received through the following two (2) methods. A total
of up to seven (7) speakers are permitted to provide public comment and may include any combination of
prior registration and open microphone speakers.
1) Pre-registration. This section of the agenda permits any person who has registered in advance to
make a citizen report regarding a public business item he or she wishes to be considered by the City
Council. Each speaker is allowed a maximum of four (4) minutes to present their report. At the conclusion
of each report, the City Council may pose questions to the speaker or may engage in discussion. If the
City Council believes that a speaker's report requires a more detailed review, the City Council will give the
City Manager or City Staff direction to place the item on a future work session or regular meeting agenda
and advise staff as to the background materials to be desired at such meeting.
a. ID 22-1763 Ms. Wanda Bowman regarding retaliation for filing grievances for denial of services,
and oversight of United Way.
b. ID 22-1903 Mrs. Jacqueline Shaw regarding Be The Match Blood Marrow (Stem Cell)
Transplant Advocacy Campaign.
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City Council Meeting Agenda September 20, 2022
C. ID 22-1904 Mr. Stephen Dillenburg regarding willful misconduct.
2) Open Microphone. This section of the agenda permits any person who has not registered in
advance for a citizen report to make comments about public business items not listed on the agenda. Such
person(s) shall have registered using the "Virtual White Card" or `By Phone" process outlined by the City
on its website or meeting notice.
During open microphone reports under this section of the agenda, the Council may listen to citizens speak.
However, because notice of the subject of the open microphone report has not been provided to the public
in advance, the Texas Open Meetings Act limits any deliberation or decision by the Council to: a proposal
to place the item on a future agenda; a statement of factual information; or a recitation of existing policy.
Council Members may not ask the open microphone speakers questions or discuss the items presented
during open microphone reports.
NOTE: If audio/visual aids during presentations to Council are needed, they must be submitted to the City
Secretary 24 hours prior to the meeting.
4. CONSENT AGENDA
Each of these items is recommended by Staff or a board, commission, and committee. Approval thereof will
be strictly on the basis of the those recommendations. Approval of the Consent Agenda authorizes the City
Manager or his designee to implement each item in accordance with the Staff recommendations. The City
Council has received background information and has had an opportunity to raise questions regarding these
items prior to consideration.
For those items recommended by a specific board, commission, or committee, the agenda item will
reference that recommendation. To view the video of the related board, commission, or committee meeting,
as applicable, a link can be found within the applicable supporting documentation(Exhibit 1).
Listed below are bids, purchase orders, contracts, and other items to be approved under the Consent
Agenda (Agenda Items A — AK). This listing is provided on the Consent Agenda to allow Council
Members to discuss or withdraw an item prior to approval of the Consent Agenda. If no items are pulled,
the Consent Agenda Items will be approved with one motion. If items are pulled for separate discussion,
they may be considered as the first items following approval of the Consent Agenda.
A. ID 22-821 Consider approval of the minutes of August 16 and August 30,2022 Meetings.
B. ID 22-1389 Consider nominations/appointments to the City's Boards, Commissions, and Committees:
Airport Advisory Board, Animal Shelter Advisory Committee, Board of Ethics,
Committee on Persons with Disabilities, Community Services Advisory Committee,
Denton Police Department Chief of Police Advisory Board, Health & Building Standards
Commission, Historic Landmark Commission, Internal Audit Advisory Committee,
Library Board, Parks, Recreation & Beautification Board, Planning & Zoning
Commission, Public Art Committee, Public Utilities Board, Sustainability Framework
Advisory Committee,Traffic Safety Commission, and Zoning Board of Adjustment.
C. ID 22-1627 Consider approval of a resolution of the City of Denton providing the August 22, 2022
meeting absence of a Public Utilities Board Member be excused; and declaring an
effective date.
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D. ID 22-1684 Consider approval of a resolution of the City of Denton providing the August 8, 2022
meeting absence of an Historic Landmark Commission Member be excused; and
declaring an effective date.
E. ID 22-1811 Consider approval of a resolution of the City of Denton providing the August 22, 2022
meeting absence of a Public Utilities Board Member be excused; and declaring an
effective date.
F. ID 22-1899 Consider approval of a resolution of the City of Denton providing the September 12,
2022 meeting absence of a Public Utilities Board Member be excused; and providing an
effective date.
G. ID 22-1881 Consider a reappointment to the Downtown Denton Tax Increment Financing
Reinvestment Zone No. One Board(Downtown TIRZ#1).
H. ID 22-1279 Consider adoption of an ordinance of the City of Denton authorizing the City Manager to
execute and deliver to Denton ICC 35, LLC a temporary construction easement
containing 1,125 square feet (0.026 Acres) located near Loop 288 And Interstate
Highway 35E in the City and County of Denton, Texas for a total compensation amount
of Six Hundred Seventy-Nine Dollars And 54/100($679.54); Providing for severability;
and providing an effective date.
I. ID 22-1606 Consider adoption of an ordinance of the City of Denton, Texas, approving a negotiated
settlement between the Atmos Cities Steering Committee ("ACSC") and Atmos Energy
Corp., Mid-Tex Division regarding the company's 2022 Rate Review Mechanism filing;
declaring existing rates to be unreasonable; adopting tariffs that reflect rate adjustments
consistent with the negotiated settlement; finding the rates to be set by the attached
settlement tariffs to be just and reasonable and in the public interest; approving an
attachment establishing a benchmark for pensions and retiree medical benefits; requiring
the company to reimburse ACSC's reasonable ratemaking expenses; determining that this
ordinance was passed in accordance with the requirements of the Texas Open Meetings
Act; adopting a savings clause; declaring an effective date; and requiring delivery of this
ordinance to the company and the ACSC's legal counsel.
J. ID 22-1701 Consider adoption of an ordinance of the City of Denton authorizing a service agreement
between the City of Denton and Lifeworks Community; authorizing the City Manager to
execute said agreement; providing for the expenditure of council contingency funds in an
amount not to exceed two hundred dollars($200); and providing for an effective date.
K. ID 22-1883 Consider adoption of a resolution of the City of Denton concurring with the City
Manager's reorganization of the City's administrative departments and divisions; and
providing an effective date.
L. ID 22-1726 Consider adoption of an ordinance of the City of Denton, Texas authorizing the City
Manager or designee to fulfill the responsibilities of the city as an operator of the Pecan
Creek Water Reclamation Plant and those pursuant to Texas Water Code 26.0291;
including paying any amounts required by the protocols and funded in the annual budget;
declaring an effective date. The Public Utilities Board recommends approval(5-0).
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M. ID 22-1727 Consider adoption of an ordinance of the City of Denton, Texas authorizing the City
Manager or designee to fulfill the responsibilities of the City as a Public Water System
Operator and those pursuant to Texas Water Code 5.103 and Texas Health and Safety
Code Section 341.041 for the annual Water System Fee (Public Health Service Fee);
including paying any amounts required by the TCEQ and funded in the annual budget;
declaring an effective date. The Public Utilities Board recommends approval(5-0).
N. ID 22-1728 Consider adoption of an ordinance of the City of Denton, Texas authorizing the City
Manager or designee to fulfill the responsibilities of the City the water storage in Lake
Lewisville and Lake Ray Roberts for the annual major capital repair (MCR) and
operations and maintenance pursuant to 43 U.S.C. 390B for the annual operation,
maintenance, and replacement cost fee (ALOE Fee); including paying any amounts
required by the United States Army Corps of Engineers (ACOE) and funded in the annual
budget; declaring an effective date. The Public Utilities Board recommends approval
(5-0).
O. ID 22-1809 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with DKJ Concrete
Construction, Inc., as the primary contractor, and JKK Concrete Construction, LLC, as
the secondary contractor, for the utility cut restoration for the Water Utilities Department;
providing for the expenditure of funds therefor; and providing an effective date (RFP
8046- awarded to DKJ Concrete Construction, Inc., the primary contractor, and JKK
Concrete Construction, LLC, the secondary contractor, for one (1) year, with the option
for four (4) additional one (1) year extensions, in the total five (5) year, not-to-exceed
amount of$5,250,000.00). The Public Utilities Board recommends approval(-).
P. ID 22-1740 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a Professional Services Agreement
with Black & Veatch Corporation, for engineering services related to the LLWTP Sludge
Improvements project for the Water Production Department as set forth in the contract;
providing for the expenditure of funds therefor; and providing an effective date (RFQ
7574-020 - Professional Services Agreement for engineering services awarded to Black
& Veatch Corporation, in the not-to-exceed amount of $282,955.00). The Public Utilities
Board recommends approval(5 -0).
Q. ID 22-1741 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Johnston Technical
Services, Inc., through the Department of Information Resources (DIR) Cooperative
Purchasing Network Contract No. DIR-CPO-4792, for the purchase of Microwave
Network Equipment and Service for the Water Production Department; providing for the
expenditure of funds therefor; and providing an effective date (File 8075 - awarded to
Johnston Technical Services, Inc., for three (3) years, with the option for two (2)
additional one (1) year extensions, in the total five (5) year not-to-exceed amount of
$300,000.00). The Public Utilities Board recommends approval(5 -0).
R. ID 22-1742 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Genomic Life, Inc.,
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for the Cancer Guardian Program services with a monthly voluntary rate of $20.00 per
employee or $40.00 per employee and spouse for the City of Denton employees;
providing for the expenditure of funds therefor; and providing an effective date of January
1, 2023 (RFP 7979- awarded to Genomic Life, Inc., for three (3) years, with the option
for two (2) additional one (1) year extensions, in the total five (5) year not-to-exceed
amount of$340,000.00).
S. ID 22-1743 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Continental
American Insurance Company, for voluntary insurance products, including accident,
critical illness with cancer, and hospital indemnity coverage for the City of Denton
employees; providing for the expenditure of funds therefor; and providing an effective date
of January 1, 2023 (RFP 7982-1 - awarded to Continental American Insurance
Company, for three (3) years, with the option for two (2) additional one (1) year
extensions,in the total five(5)year not-to-exceed amount of$1,685,000.00).
T. ID 22-1744 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with greehill North
America, Inc., for a public tree inventory for the Parks and Recreation Department;
providing for the expenditure of funds therefor; and providing an effective date (RFP
8036- awarded to greehill North America, Inc., for one (1) year, with the option for four
(4) additional one (1) year extensions, in the total five (5) year not-to-exceed amount of
$210,100.00).
U. ID 22-1745 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute an Interlocal Cooperative
Purchasing Agreement with Denton County, under the Texas Government Code, Section
791.001, to authorize the use of consolidated communication systems for public safety
and governmental services for the City of Denton; authorizing the expenditure of funds
therefor; and declaring an effective date (File 8082 - award an Interlocal Cooperative
Purchasing Agreement with Denton County, in the not-to-exceed amount of
$118,752.00).
V. ID 22-1810 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Emburse, Inc., for
the continued provision of expense tracking and approval management software in
support of the City's Purchasing Card (PCard) program, and to add travel booking
expense tracking and approval management support for the Finance Department;
providing for the expenditure of funds therefor; and providing an effective date (RFP
7915 - awarded to Emburse, Inc., for one (1) year, with the option for four (4) additional
one(1)year extensions,in the total five(5)year not-to-exceed amount of$120,000.00).
W. ID 22-1833 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with BWI Companies,
Inc., for the supply of landscape and turf fertilizer, insecticides, herbicides, and fungicides
for the City of Denton Parks and Recreation Department, for Section A - Herbicide,
Section B - Fungicides, Section C - Insecticides/Miticides/Rodenticides, Section D -
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Organic Products, and Section E - Miscellaneous; providing for the expenditure of funds
therefor; and providing an effective date (IFB 8022 - awarded to BWI Companies, Inc.,
for one (1) year, with the option for two (2) additional one (1) year extensions, in the total
three(3)year not-to-exceed amount of$244,000.00).
X. ID 22-1834 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Justin Seed
Company, Inc., for the supply of landscape and turf fertilizer, insecticides, herbicides, and
fungicides for the City of Denton Parks and Recreation Department, for Section F - Bulk
Fertilizer; providing for the expenditure of funds therefor; and providing an effective date
(IFB 8022 - awarded to Justin Seed Company, Inc., for one (1) year, with the option for
two (2) additional one (1) year extensions, in the total three (3) year not-to-exceed
amount of$158,500.00).
Y. ID 22-1835 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with 6-L Investment LLC
dba Weaver Wisdom Collision Center, as the primary vendor, and James Wood Auto
Park, Inc, as the secondary vendor, for collision and paint repair services for various City
of Denton departments; providing for the expenditure of funds therefor; and providing an
effective date (IFB-BV 8025 - awarded to 6-L Investment LLC dba Weaver Wisdom
Collision Center, the primary, and James Wood Auto Park, Inc, the secondary, for three
(3) years, with the option for two (2) additional one (1) year extensions, in the total (5)
five year not-to-exceed amount of $895,200.00). The Public Utilities Board recommends
approval(-).
Z. ID 22-1836 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Kirby-Smith
Machinery, Inc., for Komatsu heavy equipment repair services for various City of Denton
departments; providing for the expenditure of funds therefor; and providing an effective
date (IFB-BV 8026- awarded to Kirby-Smith Machinery, Inc., for three (3) years, with
the option for two (2) additional one (1) year extensions, in the total five (5) year
not-to-exceed amount of $1,000,000.00). The Public Utilities Board recommends
approval(-).
AA. ID 22-1844 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with JWC Environmental,
Inc., for a 4-shred channel grinder for the Solid Waste and Recycling Department;
providing for the expenditure of funds therefor; and providing an effective date (IFB 8059
- awarded to JWC Environmental, Inc., in the not-to-exceed amount of $104,148.00).
The Public Utilities Board recommends approval(-).
AB. ID 22-1846 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Seepex, Inc., for an
open hopper pump for the Solid Waste and Recycling Department; providing for the
expenditure of funds therefor; and providing an effective date (IFB 8059 - awarded to
Seepex, Inc., in the not-to-exceed amount of $51,127.00). The Public Utilities Board
recommends approval(-).
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AC. ID 22-1875 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Spector
Manufacturing, Inc, for the purchase of two (2) walking floor steel trailers for the Solid
Waste Department; providing for the expenditure of funds therefor; and providing an
effective date (IFB 7883 - awarded to Spector Manufacturing, Inc, in the not-to-exceed
amount of$261,478.00). The Public Utilities Board recommends approval(-).
AD. ID 22-1876 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute an Interlocal Cooperative
Purchasing Agreement with the City of Bedford, under the Texas Government Code,
Section 791.001, to authorize the City of Bedford and City of Denton to utilize each
entities' solicited contracts for the purchasing of various goods and services; authorizing
the expenditure of funds therefor; and declaring an effective date (File 8077 - award an
Interlocal Cooperative Purchasing Agreement with the City of Bedford).
AE. ID 22-1879 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, for authorizing the City Manager to execute a Professional Services
Agreement with Kimley-Horn and Associates, Inc. for professional design and master
plan services for the Aquatics Facilities for the Parks and Recreation Department;
providing for expenditure of funds therefor; and providing an effective date (RFQ
7850-004 - Professional Services Agreement for landscape architect services awarded to
Kimley-Horn and Associates,Inc., in the not-to-exceed amount of$90,000.00).
AF. ID 22-1755 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the city manager or designee to execute contracts regarding
Denton Public Library's Books on Tap book discussion events for adults at local
breweries and bars; and providing an effective date.
AG. ID 22-1760 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the city manager or designee to execute contracts regarding
recurring programs and services in Denton Public Library facilities offered by local
non-profit agencies, organizations, or businesses in coordination with Denton Public
Library to clarify roles and responsibilities for each party; and providing an effective date.
All. ID 22-1800 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the execution of the first amendment to a funding agreement
between the City and Giving Hope, Inc. approved by City Council on April 19, 2022;
said first amendment to amend the agency name on the contract to Grace Like Rain, Inc.
DBA Giving Grace.
Al. ID 22-1802 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the execution of the first amendment to a funding agreement
between the City and Giving Hope, Inc. approved by City Council on December 7,
2021; said first amendment to amend the agency name on the contract to Grace Like
Rain,Inc.DBA Giving Grace.
AJ. ID 22-1829 Consider approval of a resolution of the City of Denton approving the issuance and sale
by Legacy Denton Public Facility Corporation of Multifamily Housing Revenue Bonds
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City Council Meeting Agenda September 20,2022
(Vintage Ranch) Series 2022 to provide affordable rental housing; and providing an
effective date.
AK. ID 22-1862 Consider adoption of an ordinance approving a Settlement Agreement and Release
implementing the terms of the settlement in litigation styled "Mackinzie Hooks v. City of
Denton," Cause No. 21-10564-431, pending in the 431st Judicial District Court, Denton
County, Texas; and directing the City Manager or designee and the City's attorneys to
effectuate as necessary and appropriate the terms of a Settlement Agreement and Release
to effectuate this approval; and declaring an effective date.
5. PUBLIC HEARINGS
A. ID 22-252 Hold a public hearing and receive citizen input on the FY 2022-23 Proposed Budget.
B. ID 22-253 Hold a public hearing on a proposal to adopt a tax rate that will not exceed the maximum
allowable rate of$0.575682 per$100 valuation.
C. Z21-0019a Hold a public hearing and consider adoption of an ordinance of the City of Denton,
Texas, regarding a change in the zoning district and use classification from the Rayzor
Ranch Overlay (RRO) District to Mixed Use Neighborhood (MN) District, thereby
amending the Rayzor Ranch Overlay District Concept Plan and Zoning Map Exhibits, for
approximately 3.819 acres of land generally located west of Bonnie Brae street between
Linden Drive and Panhandle Street, in the City of Denton, Denton County, Texas;
adopting an amendment to the City's Official Zoning Map; providing for a penalty in the
maximum amount of $2,000.00 for violations thereof, providing a severability clause and
an effective date. The Planning and Zoning Commission voted [5-0] to recommend
approval of the request. (Z21-0019a,2500 Panhandle,Mia Hines)
D. Z22-0004b Hold a public hearing and consider adoption of an ordinance of the City of Denton, Texas
regarding an amendment to the Rayzor Ranch Overlay District by amending the
Development Standards regarding the number and location of multifamily dwelling units
within the Rayzor Ranch South Campus encompassing approximately 257 acres generally
located south of West University/US 380 and north of Scripture Street, between IH-35
and Bonnie Brae Street in the City of Denton, Denton County, Texas; adopting an
amendment to the City's Official Zoning Map; providing for a penalty in the maximum
amount of $2,000.00 for violations thereof, providing a severability clause and an effective
date. The Planning and Zoning Commission voted L-_] to recommend of the
request(Z22-0004b,RROD Multifamily,Mia Hines)
E. Z22-0009b Hold a public hearing and consider adoption of an ordinance of the City of Denton,
Texas, regarding a change in the zoning district and use classification from Residential 2
(R2) District to Heavy Industrial (HI) District on approximately 10.002 acres of land
approximately located 398 feet east of North Western Boulevard and 1, 398 feet north of
Jim Christal Road, in the City of Denton, Denton County Texas; adopting an amendment
to the City's official zoning map; providing for a penalty in the maximum amount of
$2,000.00 for violations thereof; providing a severability clause and an effective date. The
Planning and Zoning Commission voted [5-0] to recommend approval of the request.
(Z22-0009b,Project Cowboy,Angie Manglaris)
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City Council Meeting Agenda September 20,2022
F. PD22-0001 a Hold a public hearing and consider adoption of an ordinance of the City of Denton,
Texas, regarding a change in the zoning district and use classification on approximately
0.88 acre from and Residential 4(R4) District a Planned Development (PD) District and
2.52 acres from Highway Corridor (HQ District to a Planned Development (PD)
District, totaling approximately 3.309 acres generally located north of the intersection of
Willowwood Street and Jacqueline Drive, in the City of Denton, Denton County, Texas;
adopting an amendment to the City's official zoning map; providing for a penalty in the
maximum amount of $2,000.00 for violations thereof, providing a severability clause and
an effective date. The Planning and Zoning Commission voted [7-0] to approve the
request. (PD22-0001a,The Reserves at Magnolia,Julie Wyatt)
G. DCA22-0003 Hold a public hearing and consider adoption of an ordinance of the City of Denton, Texas
a amending the Denton Development Code, specifically amendments related to two new
uses: Data Center, Modular and Data Center, Warehouse; providing for a penalty in the
maximum amount of $2,000.00 for violations thereof, providing a severability clause and
an effective date. The Planning and Zoning Commission voted [5-0] to recommend
approval of the amendments. (DCA22-0003a, Data Center Code amendments, Ron
Menguita)
6. ITEMS FOR INDIVIDUAL CONSIDERATION—CONSIDERATION OF THE USE OF
EMINENT DOMAIN TO CONDEMN REAL PROPERTY INTERESTS
A. ID 22-1653 Consider adoption of an ordinance of the City of Denton determining the public use, need,
and necessity for the acquisition of (i) various permanent sanitary sewer easements, and
(ii) temporary construction easements generally located, near the intersection of Corbin
Road and the east line of I-35W, then westerly to the west line of Bonnie Brae Road,
situated in the W. Sajvis Survey Abstract No. 1174, in the City and County of Denton,
Texas, and with the use, purpose and legal descriptions of each easement being more
particularly described in the attached exhibit "A" (collectively the "Property Interests");
authorizing the City Manager and City Attorney, to acquire the Property Interests by
agreement, if possible, including making all offers required by law; authorizing the use of
the power of eminent domain to condemn the property interests if agreements cannot be
reached; authorizing the City Attorney, to file eminent domain proceedings if necessary;
authorizing the expenditure of funding; making findings; providing a savings clause; and
providing an effective date.
7. ITEMS FOR INDIVIDUAL CONSIDERATION
A. ID 22-1173 Consider adoption of an ordinance of the City of Denton authorizing a service agreement
between the City of Denton and Texas Equal Access Fund; authorizing the City Manager
to execute said agreement; providing for the expenditure of council contingency funds in
an amount not to exceed Seventeen Hundred Dollars ($1,700); and providing an effective
date.
B. ID 22-1557 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Frontier Access,
LLC., DBA Frontier Waste Solutions, providing for a guaranteed volume contract for the
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City Council Meeting Agenda September 20, 2022
landfill, and providing an effective date (File #8005 awarded to Frontier Access, LLC.,
DBA Frontier Waste Solutions for a term of two (2) years beginning Octoberl, 2022,
with no renewals or extensions)
C. ID 22-1558 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Rhino Removal,
LLC., providing for a guaranteed volume contract for the landfill; and providing an
effective date. (File #8005 awarded to Rhino Removal, LLC., For a term of two (2)
years beginning Octoberl,2022,with no renewals or extensions)
D. ID 22-1559 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to execute a contract with Waste Connections
Lone Star, Inc., providing for a guaranteed volume contract for the landfill; and providing
an effective date (File #8005 awarded to Waste Connections Lone Star, Inc. For a term
of two(2)years beginning Octoberl,2022,with no renewals or extensions)
E. ID 22-1777 Consider approval of a resolution of the City of Denton confirming the appointment of
Doug Shoemaker as Chief of Police of the City of Denton; and declaring an effective
date.
F. ID 22-1663 Consider adoption of an ordinance of the City of Denton, Texas, amending the fiscal year
2021-2022 budget and annual program of services of the City of Denton to allow for
adjustments to the Fleet Management Fund of Three Million Dollars ($3,000,000) for the
purpose of increased fuel and maintenance costs; declaring a public purpose; directing the
City Secretary attach a copy to the 2021-2022 Budget; requiring approval by at least five
votes; and providing a severability clause; an open meetings clause and an effective date.
G. ID 22-1664 Consider adoption of an ordinance of the City of Denton, Texas, amending the fiscal year
2021-2022 budget and annual program of services of the City of Denton to allow for
adjustments to the Electric Fund of sixty three million dollars, ($63,000,000) for the
purpose of purchasing power, increased outage and property insurance premiums, and
debt service; declaring a public purpose; directing the City Secretary attach a copy to the
2021-2022 budget; requiring approval by at least five votes; and providing a severability
clause; an open meetings clause and an effective date.
H. ID 22-1852 Consider adoption of an ordinance of the City of Denton, Texas, amending the fiscal year
2021-2022 budget and annual program of services of the City of Denton to allow for
adjustments to the Tourist & Convention Fund of Three Hundred Seventy Five thousand
Dollars ($375,000) for the purpose of funding expenses associated with the O'Reilly
Hospitality Incentive Agreement; declaring a public purpose; directing the City Secretary
attach a copy to the 2021-2022 Budget; requiring approval by at least five votes; and
providing a severability clause;an open meetings clause and an effective date.
I. ID 22-1854 Consider adoption of an ordinance of the City of Denton, Texas, amending the fiscal year
2021-2022 budget and annual program of services of the City of Denton to allow for
adjustments to the Health Fund of Two Million Five Hundred Thousand Dollars
($2,500,000) for the purpose of increased health insurance costs; declaring a public
purpose; directing the City Secretary attach a copy to the 2021-2022 Budget; requiring
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City Council Meeting Agenda September 20,2022
approval by at least five votes; and providing a severability clause; an open meetings
clause and an effective date.
J. ID 22-1902 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal
corporation, authorizing the City Manager to utilize a contract through the Lower
Colorado River Authority Contract Number 5343, for the acquisition of electric
maintenance, repair, and construction inventory to be stocked in the Warehouse and at
Denton Municipal Electric; providing the expenditure of funds therefor; and providing an
effective date (File 8111 - awarded to Techline, Inc., in the three (3) year not-to-exceed
amount of$16,000,000.00). The Public Utilities Board recommends approval
8. CONCLUDING ITEMS
A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the City Council
or the public with specific factual information or recitation of policy, or accept a proposal to place the
matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open
Meetings Act, provide reports about items of community interest regarding which no action will be taken,
to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules;
an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about
an upcoming event organized or sponsored by the governing body; information regarding a social,
ceremonial, or community event organized or sponsored by an entity other than the governing body that
was attended or is scheduled to be attended by a member of the governing body or an official or employee
of the municipality; or an announcement involving an imminent threat to the public health and safety of
people in the municipality that has arisen after the posting of the agenda.
B. Possible Continuation of Closed Meeting topics,above posted.
CERTIFICATE
I certify that the above notice of meeting was posted on the official website
(https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E.
McKinney Street, Denton, Texas, on September 16, 2022, in advance of the 72-hour posting deadline, as
applicable, and in accordance with Chapter 551 of the Texas Government Code.
CITY SECRETARY
NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE
ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY
WILL PROVIDE ACCOMMODATION, SUCH AS SIGN LANGUAGE INTERPRETERS FOR THE
HEARING IMPAIRED, IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE
SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940-349-8309 OR
USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX
SO THAT REASONABLE ACCOMMODATION CAN BE ARRANGED.
Page 14 Printed on 9/9/2022
79
Tentative Work Session Topics and Meeting Information
Updated: September 9, 2022
Meeting Date Item Legistar ID Departments Involved Type Estimated Time
A. Audit Project 027-Technology Services:Phase 2 21-2812 Internal Audit City Business 0:30
B. Update from DCTA Board Representative 21-2806 City Manager's Office City Business 0:30
September 20,2022 C. MUD Policy&Application Requirements 22-1446 Planning City Business 0:30
Work Session(@2:00 p.m.) D. FY 2022-23 Proposed Budget,Tax Rate,CIP and Five-Year Financial Forecast 22-1772 Finance City Business 1:00
Regular Meeting(@6:30 p.m.) E. Two-Minute Pitch:Byrd,Davis 22-882 City Manager's Office Council Request 0:30
Closed Meeting Item(s): Annual Reviews:City Auditor/Municipal Judge Legal City Business 0:30
Total Est.Time: 3:30
Other Major Items for Meeting:Public Hearings:Tax Rate and Budget
A. Wastewater Master Plan Update 22-1164 Water Administration City Business 0:45
B. Citywide Speed Study 22-1412 Capital Projects/Engineering City Business 1:00
September 27,2022 C. Economic Development Partnership Contract with Denton Chamber of Commerce 22-1640 Economic Development City Business 1:00
Work Session m. Council Request:Davis
@2:00
( p• ) D. Amending Mobility Plan to Connect Windsor and Masch Branch 22-1840 Capital Projects/Engineering (7/19/2022) 0:30
Special Called Meeting(@6:30 p.m.)
E. Two-Minute Pitch: 22-883 City Manager's Office Council Request 0:30
No other work session items may be added Closed Meeting Item(s) Legal City Business 0:30
Total Est.Time: 4:15
Other Major Items for Meeting:Budget Adoption
October 11,2022 A.Mayor and Council Priorities TBD City Manager's Office Council Priority TBD
Special Called Meeting(@ 11:30 p.m.)
Work Session Room
Total Est.Time: TBD
October 18,2022
Special Called Joint Meeting with P&Z TBD TBD City Manager's Office City Business 1:30
(@ 12:00 p.m.)
At the Development Service Center Total Est.Time: 1:30
A. Audit Projects:003-Procurement,012-Economic Dev.Retention&Expansion and 22-1878 Internal Audit City Business 0:45
013-Grants Mgmt.
Council Priority
B. Charging Stations 22-1282 Development Services Council Request:Watts 0:30
October 18,2022 (6/07/2022)
Work Session(@2:00 p.m.) C. Bell Avenue 22-1719 Capital Projects/Engineering City Business 1:00
Regular Meeting(@6:30 p.m.) D. Roadway Impact Fees 22-1720 Capital Projects/Engineering City Business 1:00
D. Two-Minute Pitch: 22-1667 City Manager's Office Council Request 0:30
Closed Meeting Item(s): Legal(if any) City Business
Total Est.Time: 3:45
Other Major Items for Meeting:
A. Audit Project 029-Police Body-Worn Camera Usage 21-2813 Internal Audit City Business 0:30
B. Responsive Speed Limit Sign Program 22-1721 Capital Projects/Engineering Council Request:Davis 0:45
(6/28/2022)
C. Citywide Speed Study Follow-up 22-1841 Capital Projects/Engineering City Business 0:30
October 25,2022 D. GreenSense Update 22-1847 DME City Business 0:45
Work Session(@2:00 p.m.) E. Public Facility Corporations 22-1453 City Manager's Office Council Request:Watts(6/28/2022) 0:30
Special Called Meeting(@6:30 p.m.)
F. Legislative Program 22-1830 city Manager's Office City Business 1:00
G.Two-Minute Pitch: 22-1675 City Manager's Office Council Request 0:30
Closed Meeting Item(s): Legal(if any) City Business
Total Est.Time: 4:30
Other Major Items for Meeting:Citywide Speed Study Public Hearing
A. City Hall West Plan 22-1552 Facilities Council Priority 0:45
B. Discussing Prevention of Criminal History Information on Job Application 22-1761 City Manager's Office Council Request:McGee 1:00
(8/02/2022)
November 1,2022 C.Roadway Impact Fees Follow Up 22-1900 capital Projects/Engineering City Business 0:30
Work Session(@2:00 p.m.)
Regular Meeting(@6:30 p.m.) C. Two-Minute Pitch: 22-1676 City Manager's Office Council Request 0:30
Closed Meeting Item(s): Legal(if any) City Business
Total Est.Time: 2:45
Other Major Items for Meeting:
A. Denton Housing Strategy 22-1823 City Manager's Office City Business 0:45
November 15,2022 B. City of Denton and Denton Housing Authority Housing Priorities 22-1824 City Manager's Office ICity Business 0:45
Special Called Joint Meeting with DHA C. Topics for Future Areas of Collaboration or Partnership 22-1825 City Manager's Office Icity Business 0:30
(@ 11:30 a.m.)
At the Development Service Center
Total Est.Time: 2:00
A. Audit Follow-Up Reviews—Utility Street Cuts,CIP:Planning&Design,and 22-1166 Internal Audit City Business 0:45
CIP:Construction
November 15,2022 B. Solicitation/Panhandling Policy 22-1281 Police;Community Services (6/07/2022)Council Request:Hudspeth 0:45
Work Session(@2:00 p.m.)
Regular Meeting(@6:30 p.m.) C. Two-Minute Pitch: 22-1677 City Manager's Office Council Request 0:30
Closed Meeting Item(s): Legal(if any) City Business
Total Est.Time: 2:00
Other Major Items for Meeting:
November 17,2022 State of the City N/A City Manager's Office City Business 2:30
Mayor's State of the City
Embassy Suites Denton Convention Center
Total Est.Time: 2:30
City Manager's Office City Business
November 29,2022 TBD TBD City Manager's Office ICity Business TBD
Special Called Joint Meeting with Denton ISD City Manager's Office ICity Business
(@ 11:30 a.m.) Closed Meeting Item(s): Legal(if any) City Business
Denton ISD Central Services Building
Total Est.Time: 0:00
A. Denton County Transit Authority Update 21-2807 City Manager's Office City Business 0:30
B. Bond Election in 2023 TBD Finance City Business 0:30
December 6,2022
Work Session(@2:00 p.m.) B. Two-Minute Pitch: 22-1678 City Manager's Office Council Request 0:30
Regular Meeting(@6:30 p.m.) Closed Meeting Item(s) Legal(if any) City Business
Total Est.Time: 1:30
Other Major Items for Meeting:Public Hearings for Roadway Impact Fees
A. Audit Project 030—Solid Waste Operations:Phase 1 22-1167 Internal Audit City Business 0:30
B. Criteria Manuals Discussion(Water,Wastewater,Transportation,et al) 22-1714 Capital Projects/Engineering City Business 0:45
December 13,2022
Work Session(@2:00 p.m.) C. Two-Minute Pitch: 22-1679 City Manager's Office Council Request 0:30
Special Called Meeting(@6:30 p.m.) Closed Meeting Item(s): Legal(if any) City Business
Total Est.Time: 1:45
Other Major Items for Meeting:Public Hearing for Criteria Manuals
`This is for planning purposes only.Dates are subject to change. 80
Meeting Date Item Le istar ID Departments Involved Type Estimated Time
Item Legistar ID Departments Type Estimated Work
Session Date
Sanger ETJ Boundary Adjustment 21-2653 Development Services City Business :45
Work Session Dates to be Determined Denton Energy Center Alternate Fuel Study TBD DME City Business TBD
Roadway Funding Strategies 22-741 Finance City Business 1:00
Estimated Work
Item Dates Departments Type
Session Date
Council Priorities and Significant Work Plan Items
to be Scheduled
Item Date Approved Department Estimated Hours to Complete Requestor
Approved Council Pitches to be Scheduled
`This is for planning purposes only.Dates are subject to change. 81
1 Street Closure Report: Upcoming Closures smartsheet
SCR Sep 12th - 18th
Street/Intersection Closure En7Description Department Department Contact
Date
1 Crisoforo Santos Morin 09/26/22 10/28/22 Sidewalk Repair Streets Roy San Miguel
2 Mockingbird Ln Stockton St Mingo Rd 09/19/22 10/14/22 Restore the paving leavouts Public Works Inspections Armano Beltran
3 Savage Dr. Hayes St. Comer St. 09/19/22 09/30/22 Mill&Overlay Streets Jeremy Wilks
4 Union Lake Windriver Valencia 09/26/22 10/21/22 Sidewalk repair Streets Roy San Miguel
Exported on September 9,2022 11:36:05 AM CDT 82
2 Street Closure Report: Current Closures smartsheet
C Closure tart Closure End Description Department Department Contact
Street/Intersecti low I Date Date
1 Augusta Dr Colonial Dr 2900 Augusta Dr 07/11/22 09/30/22 Utility installations and Engineering Scott Fettig
pavement replacement.
2 Ave H Prairie St Louise St 09/05/22 10/21/22 Street Reconstruction Engineering Dustin Draper
3 Barberry Ave Bay Ave Trumpet Vine 08/22/22 09116/22 Sidewalk Repair Streets Roy San Miguel
4 Baytree Ave Hawthorn Dr Barberry Ave 08/22/22 09/16/22 Sidewalk Repair Streets Roy San Miguel
Bonnie Brae St Windsor Dr Carril Al Lago Dr 08/15/22 09/16/22 open cut for infrastructure Private Development Lee Thurmond
installation from westside
5 bonnie brae to east side of
bonnie brae including utility taps
in 2 phases
6 Bradshaw St Hickory St McKinney St 03/21/22 10/01/22 Utility installations and Engineering Scott Fettig
pavement replacement.
Clover Ln Robinwood Ln Glenwood Ln 05/23/22 09/30/22 Wastewater Collections will be Wastewater Tiffany Sherrane
7 installing a new sewer main line
and services.
College Park Dr Peach St Fowler Dr 04/18/22 09/23/22 Water Distribution will be Water Tiffany Sherrane
8 installing a new water naim line
and services.
9 Colonial Dr Thunderbird Dr South Dead End 07/11/22 09/30/22 Utility installations and Engineering Scott Fettig
pavement replacement.
10 Crawford St Hickory St McKinney St 03/21/22 10/01/22 Utility installations and Engineering Scott Fettig
pavement replacement.
11 Cruise St Fiste St Comer St 08/31/22 09/16/22 Mill&Overlay Streets Jeremy Wilks
12 Forrestridge Dr El Paseo St Wellington Oaks Cir 07/19/22 09/23/22 Street Panels Repair Streets Roy San Miguel
Fowler Dr College Park Dr Peach St 04/18/22 09/23/22 Water Distribution will be Water Tiffany Sherrane
13 installing a new water main line
and services
14 Fulton St W Oak Grace Temple 09/07/22 11/18/22 Street Reconstruction Engineering Dustin Draper
15 Greenway Dr Thunderbird Dr South Dead End 07/11/22 09/30/22 Utility installations and Engineering Scott Fettig
pavement replacement.
16 Hayes St. Savage Dr. Cruise St. 09/12/22 09/16/22 Mill&Overlay Streets Jeremy Wilks
17 Hettie St Paisley St McKinney St 03/21/22 10/01/22 Utility installations and Engineering Scott Fettig
pavement replacement.
18 Hickory St Railroad Ave Exposition St 09/06/22 10/04/22 Demo on floor plan(private Public Works Inspections Armando Beltran
work)
19 Hickory St Exposition St Ruddell St 05/02/22 12/31/22 Utility installations and Engineering Scott Fettig
pavement replacement.
20 Hill Alley St Jackson St Martin St 06/06/22 10/28/22 Utility replacement and roadway Engineering Seth Garcia
reconstruction
21 Indian Paint Way Lakeview Blvd Hawthorn Dr 08/29/22 09/30/22 Concrete Panel Repair Streets Roy San Miguel
22 Jackson St Morse St Hill Alley St 06/06/22 10/28/22 Utility replacement and roadway Engineering Seth Garcia
reconstruction
Jim Christal Rd Western Blvd Masch Branch Rd 04/18/22 10/31/22 Exeter PH2.Installing Public Private Development Public Jeremiah Tillman-David
23 Water,Sewer,and Storm Works Inspections
Utilities
24 Johnson John Paine Lavon 09/02/22 11/25/22 Storm Installation Private Development Public Jeremiah Tillman-David
Works Inspections
25 Juno Ln Stuart Rd Sheraton Rd 08/29/22 09/30/22 Curb&Gutter Repair Streets Roy San Miguel
Live Oak St Robinwood Ln Crestwood PI 05/23/22 09/30/22 Wastewater collections will be Wastewater Tiffany Sherrane
26 installing a new sewer main line
and services.
Exported on September 9,2022 11:38:18 AM CDT 83
Street/Intersection From To Closure Start Description Department Department Contact
Date
Livingston Dr Hickory Creek Rd Hemingway Dr 08/17/22 09/30/22 Pavement,sidewalk,valley Engineering Dustin Draper
gutter,and subgrade
27 stabilization on Livingston
where it ties into Hickory Creek
Rd.
28 Mack PI Paisley St Lee Dr 08/22/22 09/30/22 Street Reconstruction Engineering Dustin Draper
29 Masch Branch Rd Lovers Ln Hampton Rd 06/24/22 09/30/22 Bridge collapse at 3288 N. Drainage Gabriel Rodriguez
Masch Branch Rd
30 McKinney St Crawford Rd Audra Ln 05/19/22 09/30/22 Utility installations and Engineering Scott Fettig
pavement replacement.
31 McKinney St Bell Ave Frame St 09/06/22 10/04/22 Inlets and approaches Public Works Inspections Armando Beltran
Mistywood Ln Sherwood St Robinwood Ln 05/23/22 09/30/22 Wastewater Collections will be Wastewater Tiffany Sherrane
32 installing a new sewer main line
and services.
33 Morse St Lakey St Jackson St 06/06/22 10/28/22 Utility replacement and roadway Engineering Seth Garcia
reconstruction
North Texas Blvd 1-35W Oak St 12/13/21 10/31/22 Utility installations and Engineering Scott Fettig
pavement replacement.There
34 will be multiple phases of
closures.Will not be all at one
time.
35 North Texas Blvd Oak St Hickory St 06/10/22 10/31/22 Utility installations and Engineering Scott Fettig
pavement replacement.
36 Oak St Crawford St Wood St 04/04/22 12/31/22 Utility installations and Engineering Scott Fettig
pavement replacement.
37 Panhandle St Aileen St Malone St 08/24/22 10/07/22 Street Reconstruction Engineering Dustin Draper
38 Parkside Dr Windsor Dr Bowling Green St 05/31/22 10/07/22 Utility installations and Engineering Scott Fettig
pavement replacement.
Peach St Locust St Palmer Dr 04/18/22 09/23/22 Water Distribution will be Water Tiffany Sherrane
39 installing a new water main line
and services.
40 Peach St Locust St Fowler Dr 07/18/22 09/30/22 Upgrading 15"Storm pipe to Drainage Gabriel Rodriguez
18"
41 Robertson St Bell Ave Morse St 08/15/22 10/31/22 Utility installations and Engineering Seth Garcia
pavement replacement.
Robinwood Ln Kayewwod Dr Emerson Ln 05/23/22 09/30/22 Wastewater Collections will be Wastewater Tiffany Sherrane
42 installing a new sewer main line
and services.
43 Rose St Paisley St Uland St 04/25/22 10/01/22 Pavement Replacement Engineering Scott Fettig
44 Stella St North Texas Blvd Bonnie Brae St 10/29/21 10/31/22 Utility installations and Engineering Scott Fettig
pavement replacement.
45 Uland St Rose St Railroad Ave 04/25/22 10/07/22 Utility installations and Engineering Scott Fettig
pavement replacement.
46 Western Blvd Jim Christal Rd Airport Rd 08/01/22 09/30/22 Paving(2)drive approaches Public Works Inspections Jeremiah Tillman-David
Western Blvd Jim Christal Airport Rd 09/06/22 09/30/22 Connecting to existing 8"SS Private Development Public Jeremiah Tillman-David
47 stub and running SS lateral to Works Inspections
property.
48 Windsor Dr Fireside Ln Bonnie Brae St 06/06/22 10/01/22 Utility installations and Engineering Scott Fettig
pavement replacement.
49 Wood St McKinney St Hickory St 04/11/22 12/31/22 Utility installations and Engineering Scott Fettig
pavement replacement.
Exported on September 9,2022 11:38:18 AM CDT 84
3 Street Closure Report: Completed Closures smartsheet
Intersection • To Date
. •_ • D- • Department Department
1 Ave C 1-35 Frontage Rd Westdale Private Dr 08/29/22 08/30/22 Water tap on existing line Private Development Tucker Eller
2 Ave D Highland St Maple St 07/18/22 08/19/22 Street Reconstruction Engineering Dustin Draper
Bonnie Brae St Scripture St Panhandle St 08/15/22 08/24/22 Paving of the Northbound lanes Engineering Robin Davis
3 between Scripture&Panhandle
requires the lanes to be closed.
4 Collier St 1-35 Frontage Rd Westdale Private Dr 08/31/22 09/07/22 Water taps on existing line Private Development Tucker Eller
5 Cope St. Cruz St. Dixon Ln. 08/25/22 08/30/22 Mill&Overlay Streets Jeremy Wilks
6 Foxcroft Cir Old North Archer Trail 05/02/22 08/26/22 Street Reconstruction Engineering Dustin Draper
7 Fry St Oak St Scripture St 05/10/22 08/12/22 Drive Approaches/Sidewalk/ Private Development Public Gabrielle Milam
Water and Sanitary Sewer Works Inspections
8 Harvard Dr Yale Dr Cul de sac 08/01/22 09/09/22 Curb and Sidewalk Repair Streets Roy San Miguel
Hickory St Bonnie Brae St Bonnie Brae St 08/22/22 08/27/22 Access from Bonnie Brae will Engineering Robin Davis
9 be closed while paving of the
remaining NB lanes occurs.
10 Hillcrest St Panhandle St Scripture St 05/10/22 09/09/22 Street Reconstruction Engineering Dustin Draper
11 Linden Dr Malone St Gober St 07/19/22 08/11/22 Curb and Gutter/Valley Gutter Streets Roy San Miguel
Repair
12 Lipizzan Dr(2909) Paddock Way Lipizzan Ct 08/08/22 09/02/22 Concrete Panel Repair Streets Roy San Miguel
13 Marquette Dr(3608) Centenary Dr Cul de sac 06/27/22 08/19/22 ADA/Sidewalk Repair Streets Roy San Miguel
Mayhill Rd US380/University Dr Quail Creek Rd 08/22/22 09/02/22 Sanitary Sewer Inspections will Engineering Public Works Tracy L.Beck,PE,PMP
14 be performed requiring various Inspections Wastewater
lanes to be closed. The road
will remain open.
Oak St Bonnie Brae St Bonnie Brae St 08/15/22 08/23/22 Reconstruction of the Engineering Robin Davis
15 Northbound lanes of Bonnie
Brae require closing the Oak
and Bonnie Brae Intersection
16 Oak St Fulton St Fry St 08/26/22 09/06/22 Utility work in roadway Public Works Inspections Stephany Trammell
17 Ponder St Linden Broadway 08/10/22 09/09/22 Street Reconstruction Engineering Dustin Draper
18 Sycamore St Carroll Welch St 07/18/22 09/02/22 Street Reconstruction Engineering Dustin Draper
Various Streets 07/25/22 09/09/22 Annual street micro seal Streets Roy San Miguel
maintenance.Various streets.A
complete list of the streets
19 receiving treatment this year
can be found at
https://www.discussdenton.com/
street-operations
Exported on September 9,2022 11:38:39 AM CDT 85