Slide 1

Slide 2 F IND YOUR F UTURE IN F ULSHEAR, T EXAS Slide 3 T OPICS The Facts on Fulshear The Facts on Fulshear FY 2011-2012 in Review FY 2011-2012 in Review Financial Outlook Financial Outlook Outlook 2013 and Beyond Outlook 2013 and Beyond Find your Fortune in Fulshear Find your Fortune in Fulshear Find your Fun in Fulshear Find your Fun in Fulshear Slide 4 T HE F ACTS ON F ULSHEAR Slide 5 F ULSHEAR C ITY L IMITS & ETJ 11+ square miles within City Limits 11+ square miles within City Limits ETJ 37.11 square miles ETJ 37.11 square miles Approximately the size of Galveston Approximately the size of Galveston Largest land area for a General Law City in Texas population less than 5,000 Largest land area for a General Law City in Texas population less than 5,000 35% of land area is developed or under development 35% of land area is developed or under development Demographers and Developers agree Fulshear will be focus of growth over next ten years Demographers and Developers agree Fulshear will be focus of growth over next ten years Slide 6 F ULSHEAR C ITY L IMITS & ETJ Rosenberg Richmond Katy Slide 7 Since 2000, population has grown by a little more than 400% Much of Fulshears growth has been keyed by four outstanding Master Planned Communities Slide 8 F ULSHEAR C ITY L IMITS & ETJ C URRENT M ASTER P LANNED C OMMUNITIES Cross Creek Ranch Firethorne ChurchillFarms Fulbrook on Fulshear Creek Slide 9 F ULSHEAR C ITY L IMITS & ETJ P OTENTIAL M ASTER P LANNED C OMMUNITIES Tamarron DR Horton Development 1,400 Acres 4,200 Homes Avalon / Jubilee Active Adult Community 500 +/- Single Family Homes Bois DArc Mixed Use Development 1 Acre Home sites Foster Farms MUDs 6,000 acres No Developer Yet SPAs in place Slide 10 D EMOGRAPHICS & G ROWTH C ITY OF F ULSHEAR Total Population +/- 3,825* Female Population 50.40% Male Population 49.60% Population Density per Sq. Mi. 83.14 Median Age 38.6 Owner Occupied Housing Units 86.1% Renter Occupied 11.2% 2010 Median home cost $286,000 *Estimate based on number of residential water connection multiplied by ESRI average resident per house Slide 11 D EMOGRAPHICS & G ROWTH C ITY OF F ULSHEAR Married 72.3% Divorced 4.8% Widowed 5.8% Never Married 14.0% Average Household 2+ Vehicles 72.0% Average Household Income$122,922 Per Capita Income$ 38,191 Slide 12 D EMOGRAPHICS & G ROWTH 5 M ILE T RADE A REA R ADIUS 2013 Est. Population59,363 2018 Proj. Population71,505 2013 Est. Avg. Household Inc.$139,292 2013 Est. Median Home Value$260,816 2013 Median Age34.4 2013 Avg. Household Size3.19 Slide 13 D EMOGRAPHICS & G ROWTH 10 M ILE T RADE A REA R ADIUS 2013 Est. Population297,006 2018 Proj. Population336,223 2013 Est. Avg. Household Inc.$111,082 2013 Est. Median Home Value$188,159 2013 Median Age35.1 2013 Avg. Household Size3.06 Slide 14 D EMOGRAPHICS & G ROWTH Projected Population Growth through FY 2015 Slide 15 2011-2012 Y EAR IN R EVIEW Slide 16 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Fiscal Year 2011-2012 was a year of tremendous growth and change in Fulshear. The City added approximately 1,100 residents, conducted multiple projects and infrastructure projects to aid growth in the future. Slide 17 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW FY 2011-2012 saw the City focus resources on improving the Water and Sewer Systems in Fulshear. That included Water Plant improvements at a cost of $156,000. Infrastructure Improvements Slide 18 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Partnering with the Fulshear 4A Development Corporation and the Governors Office of Economic Development, the City expended $780,000 to extend Water and Sewer Lines East along FM 1093. Infrastructure Improvements (Contd) Slide 19 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Infrastructure Improvements (Contd) This project opened approximately 400 acres for Development. Slide 20 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW For the first time in the Citys history the City began providing 24/7 Police coverage. Public Safety Improvements Policing FACT: The Fulshear PD makes on average 350 stops a month (just under 1% of all vehicles traveling in town) and only 40% of those stopped received a citation. Slide 21 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW The City enhanced its Emergency Management capabilities by installing a generator and communications for its Emergency Operations Center through grants from the State Public Safety Improvements (Contd) Slide 22 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Additionally, the City trained its first Community Emergency Response Team (CERT). This group of resident volunteers will assist the City in recovering if and when disaster strikes. Public Safety Improvements (Contd) Slide 23 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Finally, to better communicate with residents in the event of emergencies and in general the City launched its Blackboard Connect system. Public Safety Improvements (Contd) Slide 24 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Other Accomplishments of Note The City adopted a Zoning Ordinance to further the Quality development of the Community. Slide 25 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Other Accomplishments of Note (Contd) Additionally, the City: Launched its new web-site: www.fulsheartexas.gov Launched its new web-site: www.fulsheartexas.gov www.fulsheartexas.gov Launched its Find your Future in Fulshear marketing program. Launched its Find your Future in Fulshear marketing program. Slide 26 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Other Accomplishments of Note (Contd) The City also: Began the Comprehensive Planning Process Began the Comprehensive Planning Process Revitalized the Parks and Recreation Commission Revitalized the Parks and Recreation Commission Slide 27 2011-2012 Y EAR IN R EVIEW 2011-2012 Y EAR IN R EVIEW Other Accomplishments of Note (Contd) Thanks to a donation of property from Cross Creek Ranch; the City Constructed a new parking lot at the Irene Stern Center with assistance from the 4B Corporation and the County Slide 28 F INANCIAL O UTLOOK Slide 29 The City is in perhaps its best financial condition ever. The most recent Audit report indicates that the General Fund Reserve Balance is funded at 100%. The City has been able to institute strong financial management while at the same time enhancing / expanding its services across the board. Slide 30 F INANCIAL O UTLOOK Fiscal Stewardship has maximized resources giving the City an budget of just under $3 Million (and debt of just over $24,000) Sales Tax is up 41% Year over Year in Fiscal Year 2011-2012 and equals 14% of Total Revenue Revenue from new Housing starts generated almost 51% of total revenue Slide 31 F INANCIAL O UTLOOK Fiscal Year 2012-2013 Revenue Percentages Slide 32 All of which means the Citys Ad Valorem Rate will remain the lowest for any City collecting Property Tax in Fort Bend County F INANCIAL O UTLOOK Slide 33 Demographics & Growth F INANCIAL O UTLOOK Slide 34 O UTLOOK 2013 & B EYOND Google Images FULL DISCLAIMER: THATS NOT ME!! I wear a longer loin cloth! Slide 35 O UTLOOK 2013 & B EYOND In the new Fiscal Year, the City will complete several projects started this year and initiate several new projects to continue our momentum and growth. Some of those include: Slide 36 O UTLOOK 2013 & B EYOND Infrastructure Improvements For the first time ever, the City has a formally adopted Capital Improvement Plan for Streets. Beginning in Fiscal Year 2013 the City will rework/ resurface all streets (outside of the new Developments). This project will run for four (4) years and cost the City an estimated $1.6 Million and should make pictures like that above memories. Slide 37 O UTLOOK 2013 & B EYOND Infrastructure Improvements (Contd) Additionally, the City will begin preparations to replace its aging Waste Water Treatment Plant. Because everyone wants a water feature downtown, just not one like that. Yes, Please! No thanks Slide 38 O UTLOOK 2013 & B EYOND Infrastructure Improvements (Contd) Working with the County, TxDOT and local landowners, the City hopes to finalize plans for expansion of FM 1093 and see construction start in Fiscal Year 2014 Slide 39 O UTLOOK 2013 & B EYOND Infrastructure Improvements (Contd) The City is also hopeful that a Public Private Partnership will bring the Proposed Fulshear Parkway to life in the near future. This Road would connect FM 1093 to I-10; fueling significant growth. Slide 40 O UTLOOK 2013 & B EYOND Public Safety Improvements The City will continue to enhance Police coverage with the addition of: 2 new Full-time officers 2 new Full-time officers 2 new Patrol vehicles 2 new Patrol vehicles Enhanced camera/ monitoring equipment Enhanced camera/ monitoring equipment Slide 41 O UTLOOK 2013 & B EYOND Other Projects of Note Additionally the City will: Enhance and improve Parks facilities Enhance and improve Parks facilities Codify our Ordinances Codify our Ordinances Finalize our Major Thoroughfare and Comprehensive Plans Finalize our Major Thoroughfare and Comprehensive Plansand Slide 42 O UTLOOK 2013 & B EYOND Other Projects of Note Begin preparing for the drafting of our Home Rule Charter as the City nears a total population of 5,000 Google Images Slide 43 O UTLOOK 2013 & B EYOND Educational Growth With the anticipated growth in population, our partners at Katy ISD and Lamar Consolidated ISD have plans for multiple campuses set to open within the next five years Slide 44 O UTLOOK 2013 & B EYOND Huggins Elementary Churchill Fulshear High School & Dean Leaman Wolman Elementary Future Katy ISD High School Complex Future Katy ISD Elementary School Planned Construction : May 2013 Future LCISD Elementary Slide 45 O UTLOOK 2013 & B EYOND The idea of such rapid growth sometimes leaves us feeling a bit like this Credit: Disney Slide 46 O UTLOOK 2013 & B EYOND But we know in the end its going the reaction is going feel a bit more like this Slide 47 F IND YOUR F ORTUNE IN F ULSHEAR F IND YOUR F ORTUNE IN F ULSHEAR Slide 48 As stated earlier, FY 2011-2012 saw the Citys Sales Tax grow by 41%. Much of that growth was driven by existing businesses; but the City also a number of new commercial enterprises call Fulshear home those included: Slide 49 F IND YOUR F ORTUNE IN F ULSHEAR F IND YOUR F ORTUNE IN F ULSHEAR Slide 50 Slide 51 Those new businesses and the addition of our new Timewise/ McDonalds resulted in a 63% increase in Sales Tax Revenue for the month of November 2012. Slide 52 F IND YOUR F UN IN F ULSHEAR F IND YOUR F UN IN F ULSHEAR P LEASE BE SURE TO JOIN US FOR THESE GREAT EVENTS !... Slide 53 F IND YOUR F UN IN F ULSHEAR F IND YOUR F UN IN F ULSHEAR Slide 54 Slide 55 Slide 56 Slide 57 Slide 58 Slide 59 F IND YOUR F UTURE IN F ULSHEAR, T EXAS