bond election presentation revamp

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City of Hutto, TexasBond Election

Process

ì July: Bond Committee Meetings

ì August 6: City Council orders election

ì November 3: Election Day

Bond Committee Process

ì Reviewed long-range plansì Strategic Guideì Parks Master Planì Capital Improvements Planì Pedestrian Mobility Plan

ì Planning indicatorsì Survey resultsì Performance measures

General Obligation Bonds

ì What is a GO Bond?– Require voter approval– Backed by property taxes – Other funding sources

ì Why go GO?– Voter approval demonstrates desire for project

Propositions1. The issuance of $8,500,000 General Obligation

Bonds for Street Improvements. 2. The issuance of $3,000,000 General Obligation

Bonds for Fritz Park, Future Parks, Park Facilities, and Open Space Acquisition.

3. The issuance of $5,000,000 General Obligation Bonds for a City/YMCA Recreation Center.

Transportation

ì Recommended Projects- Farley/Taylor Street $2,462,100- Mager Lane $2,200,000- West Street $850,000- East Street $602,000- Metcalf $738,000- Jim Cage/Front Intersection Improvements $200,000- Fencing Along Major Arterials $450,000- Sidewalks – FM 1660 South $500,000- Project Contingency $497,900

- TOTAL $8,500,000

Farley/Taylor Street

Anticipated Schedule:Design 2009Construction 2010

Comments:• 80 additional parking

spaces.

Estimated Cost:Design $289,000Construction 2,462,000Other 0Total $2,751,000

Mager Lane Phase I

Estimated Cost:Design $224,000Construction 1,783,000Other 190,000Total $2,197,000

Anticipated Schedule:Design 2011Construction 2011

Comments:• Phase I – FM 1660 to

Clarks Crossing

West Street

Anticipated Schedule:Design 2012Construction 2013

Comments:• Includes sidewalks

and curb and gutter improvements

Estimated Cost:Design $80,000Construction 715,000Other 55,000Total $850,000

East Street (Farley to Metcalf)

Estimated Cost:Design 63,000Construction 539,000Other 0Total 602,000

Anticipated Schedule:Design 2011Construction 2012

Comments:• Approximately 900

feet from Farley to Metcalf

• Includes: • sidewalks • curb and gutter

improvements

Metcalf

Estimated Cost:Design $73.000Construction 665,000Other 0Total $738,000

Anticipated Schedule:Design 2013Construction 2014

Comments:• Includes sidewalks

and curb and gutter improvements

Jim Cage/Front Street Intersection

Anticipated Schedule:Design 2012Construction 2012

Comments:• Add turning lane to

relieve traffic flow at intersection.

Estimated Cost:Design 25,000Construction 175,000Other 0Total 200,000

Fencing Along ArterialsPossible Areas:

• Carl Stern = 2,470 feet

• Front St. = 1,190 feet

• Creekside Subdivision = 1,932 feet

• Orgain and Hague Area = 334 feet

• Clarks Crossing and Carol Meadows Subdivision = 1,091 feet

Approximately $55 per linear foot.(depending on material/style)

(additional $750 per gate)

Estimated Cost - $450,000

FM 1660 S. Sidewalk

Anticipated Schedule:Design 2012Construction 2012

Comments:• 8’ trail on east side of

FM 1660 South• Approximately 8,850

feet• Evans St. to Farley

Middle School and Hutto Ray Elementary

Estimated Cost:Design 75,000Construction 425,000Other 0Total 500,000

Parks and Park Facilities

Park Improvements Estimated CostFritz Park Improvements $ 2,300,000 Future Park Facilities & Parkland Acquisitions 1,000,000

Subtotal $ 3,300,000

Parks & Recreation Improvements Overview

PROSTMP – Major GoalsGoal 1: To develop park facilities to serve the existing, as well as the

impending growth of the community.

Goal 2: To plan park facilities meeting the projected population growth.

Goal 3: To determine potential locations for future parkland

Goal 4: To preserve adequate open space for the long-term population growth of Hutto.

Goal 5: To plan development of recreational facilities with the health safety and well being of the community as a primary consideration.

Parks & Recreation Improvements Overview

PROSTMP - Recommended Actions1) Revised Parkland Dedication Ordinance (Yr 1)*2) Develop Hutto Lake Park (Yrs1-3)**3) Acquire parkland for multiuse sports complex 4) Improve Existing Facilities (Yrs2-4)**5) Develop 2-4 miles of additional trail (Yrs3-5)**6) Develop Park for subdivision north of Hutto

Elementary (Yrs2-4)*Completed Aug07**In Progress

Parks & Recreation Improvements Overview

PROSTMP - Recommended Actions7) Develop Community Center & Outdoor Recreational

Swim Center (Plan Begin In 3yrs/Open Late 2012)8) Acquire Parkland in NW Section of Hutto9) Water Play/Sprayground Facility in NC or SC Section

of Hutto10) Develop 2-4 miles of additional trail11) Develop acquired Parkland in NW Hutto12) Expand Sports Complex Facilities

Fritz Park Master Plan

Anticipated Schedule:Design 2010Construction 2011

Comments:• Restore ballfields

including concessions and restrooms

• Add internal walking trail

• Add additional parking

Estimated Cost:Total $2,300,000

Parkland Acquisition

Anticipated Schedule:Purchase - None at this time

Comments:• Set aside funds to

purchase park facilities or future parkland as it becomes available

Estimated Cost:Total 1,000,000

City/YMCA Rec. Center

ì YMCA Recreation Center Estimated CostSubtotal $ 5,000,000

YMCA Recreation Center

Anticipated Schedule:Design 2011Construction 2012

Comments:• Land donated• City would own

facility• YMCA would provide

equipment and operate

Estimated Cost:Total 5,000,000

25,000 sq. ft. facilitySource: YMCA

Hutto’s Debt Outlook

ì Hutto’s Bond Rating (Standard and Poor’s): A+ ì Current outstanding debt:

– General Fund• Principal: $5,556,250• Interest: $3,404,563• Capital Lease: $252,616

– Utility Fund• Principal: $33,576,750• Interest: $27,178,034• Capital Lease: $449,095

Total Indebtedness: $70,417,308Source: City of Hutto

Planning Indicators

ì Population

Source: City of Hutto

Planning Indicators

ì Age

Source: HEDC

Planning Indicators

ì Household Income

Source: HEDC

Planning Indicators

ì Property Value and Tax Rate

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009$0

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

$700,000,000

$800,000,000

0.0000

0.1000

0.2000

0.3000

0.4000

0.5000

0.6000

Certified Assessed Value Tax Rate

Source: City of Hutto

Planning Indicators

ì Tax Rate Calculation– Interest and Sinking– Operations and Maintenance

2005 2006 2007 2008 2009 -

0.10000 0.20000 0.30000 0.40000 0.50000 0.60000

Total Taxes Breakdown

O&M Rate I&S Rate

Source: City of Hutto

Planning Indicators

ì Tax Rate Breakdown

2005 2006 2007 2008 2009 -

0.50000

1.00000

1.50000

2.00000

2.50000

3.00000

3.50000

Total Taxes Breakdown

HISD County City ESD#3

Source: City of Hutto

Planning Indicators

ì Property Tax Breakdown

69% 27%

0%5%

Property Tax Breakdown

Residential CommercialAgriculture Personal Property, Other

2005 2006 2007 2008 20090.30000

0.35000

0.40000

0.45000

0.50000

0.550000.50350

0.49350

0.49352

0.49352

0.49915

Hutto Tax Rate History

Source: City of Hutto

Planning Indicators

ì City conducted its first citizen survey in 2008

ì Survey asked residents to:– rate satisfaction with services– reasons and means for communicating with the

City– and top future priorities

2008 Citizen Survey – Top Priorities

ì Top priorities:1. Business/Economic Development/Job Creation2. Safety (Police, Fire, EMS, etc.)3. Grocery Store4. Roads/Sidewalks/Pedestrian Mobility – Prop. 15. Parks/Trails – Prop. 2 6. Traffic – Prop. 17. Recreation/ Sports Facilities – Prop. 48. Lower taxes, fees, and charges9. Beautification – Prop. 1 & 210. Water Quality

Source: City of Hutto

Source: City of Hutto

Weighted Score1 Public library 146.962 Developing Leisure activities 145.693 Expanding retail opportunities 143.024 Increasing Sidewalks & Trails 142.255 Increasing employment opportunities 141.976 Roadway Improvements 139.647 Crime prevention program 135.118 Hike and Bike trails 133.619 Youth Recreation Programs 132.36

10 Teen Recreation Programs 130.2611 Recreation Center 128.0612 Neighborhood Watch Program 127.2213 Downtown Development 123.0814 Fitness/Aerobic Fitness Programs 116.1915 Senior Programs 115.0316 Regional Park 113.8517 Community Center 113.4218 Redeveloping older areas of the City 113.2319 Drainage Improvements 112.520 Public pool 103.9

Weighted Levels of Importance for City Services

Planning Indicators

ì Citizen Satisfaction:– Satisfaction with overall condition of roads in

the city – 58% satisfied or very satisfied (22% neutral)

– Satisfaction with pedestrian mobility – 23% satisfied or very satisfied (28% neutral)

– Satisfaction with parks and trails – 34% satisfied or very satisfied (35% neutral)

Source: City of Hutto

Strategic Guide 2030

−Council Relations−Leadership−Quality of Life – Prop. 2&4−Organization Development Policy−Service Delivery−Fiscal and Budgetary – All−Public Safety

−Transportation – Prop. 1−Education−Growth Guidance Plan− Infrastructure - All−Economic Development−Legislative Agenda

Source: City of Hutto

Tax Rate Impact

ì Tax Rate Componentsì Operations and Maintenanceì Interest and Sinking

ì Assumes 5% annual assessed valuation growth

ì Approximately $.16 I&S Increase over next five years if 5% assessed valuation growth

Source: City of Hutto