bond election presentation revamp
DESCRIPTION
TRANSCRIPT
Photo by Boyum Photography
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