City of Mesa

FY 201011 Budget

April 5 2010

Presented by the Budget amp Research Office

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City of Mesa All Funds FY 200910 Final Budget - $11378

All Other Restricted amp

Funds $1100

uti IitiesiEnterprise__ Fund

$2870

General Governmental Ops amp Mainl

$3184

General Fund Grants Debt Svc

Capital amp Contingency

$1456

Transportation Restricted Funds

$1002

2

-0raquo SQQ)=-Ec ~ ~ l~ r-N 3 _(J1 ggt 0(1) NCigt _JoCigt

to 0 g

General Governmental Operations amp Maintenance FY 200910 Final Budget - $3184M

Finan~lal SrvIC $18M Englnng $31M G~I hrvlc $UM WIlliams Gateway $31M Town Cnter Dev 13M All Othr Service $I2M

Community $126U

Planning $20M Cod Complnca $10M Community Aid S29M Nalghborhood 8rv $21M Building Safety OM

Note Exclude vnu and dlture Itad to capital dbt bullbullrvlc grant bullbull contingency and trlcted ae fund bull

bull Revnu are proportionately -ogtgtSQ II) 0 callocated to fund dbt rviC ccll)c (l) 9- =ltcontlng~cy and non-grant capita cgt3J1ggtappropriationbull o (l) 1)(1)-3 o

Judicial $119M co og

3

General Fund Revenue FY 200910

FY 08109 FY 09110 FY 09110 FY 09110 Actual Budget Revised Budget vs Revised

City Sales Tax $ 108690264 $ 109366000 $ 99990000 $ (9376000) -86 State Sales Tax 35651937 34450000 30721000 (3729000) 108 Vehicle License Tax 15622813 12772000 15574000 2802000 219 Licenses amp Pennita 10223883 8915000 7765000 (1150000) -129 Charges for Services 16494657 19760000 17253000 (2507000) -127 Finesmiddotmiddotamp Forfeitures 12431371 12629000 11037000 (1592000) -126 Urban Revenue Sharing 66268144 57852000 57852000 00 Miscellaneous Revenues 6989228 7151000 6334000 817OOO~ -114

Total $ 272372297 $ 262895000 $ 246526000 $ (16369000) -62

L TAF I Lossmiddotmiddot $ (900000)

Excludes grants and land sales FY 0809 updated with final year end information -0 gt gt II) -0 cLocal Transportation Assistance Fund losses were netted against Light Rail Fare lt2 ~ ~ WT-

Recovery - it netted to zero and did not add to the deficit for 200910 Igto3J1g4 o ro N (I)_lo(l)

ltoo~r

FY 091 0 vs FY1 011 General Fund Revenue Comparison

FY 0910 FY 1011 FY 0910 FY 1011 Revised Projected Revised vs Projected

City Sales Tax $ 99990000 $ 106788000 $ 6798000 62 State Sales Tax 30721000 32595000 1874000 54 Vehicle License Tax 15574000 17504000 1930000 151 Licenses amp Permits 7765000 7994000 229000 26 Charges for Services 17253000 18379000 1126000 57 Fines amp Forfeitures 11037000 11026000 (11OOO) -01 Urban Revenue Sharing 57852000 43620000 (14232000) -246 Miscellaneous Revenues 6334000 5403000 931000~ -130 Total $ 246526000 $ 243309000 $ (3217000) -12

LTAF I Loss $ 2000000l Revised Total $ (5217000)

Excludes grants and land sales

~~raquo~ (011100shyltb 9- 2 lt 01 3 _01 ampgt5 OltbN(J) -+ a ~ ~ (O-og

201011 General Fund Budget Shortfall

$ (16369000) Decrease in 0910 revised revenues $ (3217000) Additional decrease in 1011 forecasted revenues $ (19586000) Total decrease in general fund revenues for 1011

$ (2000000) Total L TAF I revenue loss $ (21586000) Revised total loss

-oraquoS ~ lii~ sect (l) g =lt m3-0Iggt6 o (l) (I) -to 3 ~~ co og

General Fund Comparison FY 0506 to FY 0910 Budget

$250000000--------------------------------------shy

$200000000 +1----shy

Community Code Complianoe

$150000000 Commun ity Aid Community Development Neig h borflood amp Human Services Building Safety Planning

$100000000 All Other legislative Executive legal Facilities Maintenanoe City Clerk Economic Development Engineering Financial Services EStreets amp

$ 50000000 +-----1 Cable TV lie General Services Capital ImprovernentampOper Streets Storm Sewer Mass Transit Mesa Gateway Cemetery En ironmental Complianoe Mgmt

$0 J------l

Public Safety Parks Library and Culture Community All Other

Mise Services (J)

OeraquoE I) --0 Ci

lt0 ~ 1lt

Does not include Grants or Capital bull FY 0506 wQOl bull FY 0910 7

ltIlr((J) -J 3 - ltIl o ltIl N g_~ 0 __

- 0ltO O~

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

coo~r

Study S

ession A

pril 5 2010 A

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

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- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

City of Mesa All Funds FY 200910 Final Budget - $11378

All Other Restricted amp

Funds $1100

uti IitiesiEnterprise__ Fund

$2870

General Governmental Ops amp Mainl

$3184

General Fund Grants Debt Svc

Capital amp Contingency

$1456

Transportation Restricted Funds

$1002

2

-0raquo SQQ)=-Ec ~ ~ l~ r-N 3 _(J1 ggt 0(1) NCigt _JoCigt

to 0 g

General Governmental Operations amp Maintenance FY 200910 Final Budget - $3184M

Finan~lal SrvIC $18M Englnng $31M G~I hrvlc $UM WIlliams Gateway $31M Town Cnter Dev 13M All Othr Service $I2M

Community $126U

Planning $20M Cod Complnca $10M Community Aid S29M Nalghborhood 8rv $21M Building Safety OM

Note Exclude vnu and dlture Itad to capital dbt bullbullrvlc grant bullbull contingency and trlcted ae fund bull

bull Revnu are proportionately -ogtgtSQ II) 0 callocated to fund dbt rviC ccll)c (l) 9- =ltcontlng~cy and non-grant capita cgt3J1ggtappropriationbull o (l) 1)(1)-3 o

Judicial $119M co og

3

General Fund Revenue FY 200910

FY 08109 FY 09110 FY 09110 FY 09110 Actual Budget Revised Budget vs Revised

City Sales Tax $ 108690264 $ 109366000 $ 99990000 $ (9376000) -86 State Sales Tax 35651937 34450000 30721000 (3729000) 108 Vehicle License Tax 15622813 12772000 15574000 2802000 219 Licenses amp Pennita 10223883 8915000 7765000 (1150000) -129 Charges for Services 16494657 19760000 17253000 (2507000) -127 Finesmiddotmiddotamp Forfeitures 12431371 12629000 11037000 (1592000) -126 Urban Revenue Sharing 66268144 57852000 57852000 00 Miscellaneous Revenues 6989228 7151000 6334000 817OOO~ -114

Total $ 272372297 $ 262895000 $ 246526000 $ (16369000) -62

L TAF I Lossmiddotmiddot $ (900000)

Excludes grants and land sales FY 0809 updated with final year end information -0 gt gt II) -0 cLocal Transportation Assistance Fund losses were netted against Light Rail Fare lt2 ~ ~ WT-

Recovery - it netted to zero and did not add to the deficit for 200910 Igto3J1g4 o ro N (I)_lo(l)

ltoo~r

FY 091 0 vs FY1 011 General Fund Revenue Comparison

FY 0910 FY 1011 FY 0910 FY 1011 Revised Projected Revised vs Projected

City Sales Tax $ 99990000 $ 106788000 $ 6798000 62 State Sales Tax 30721000 32595000 1874000 54 Vehicle License Tax 15574000 17504000 1930000 151 Licenses amp Permits 7765000 7994000 229000 26 Charges for Services 17253000 18379000 1126000 57 Fines amp Forfeitures 11037000 11026000 (11OOO) -01 Urban Revenue Sharing 57852000 43620000 (14232000) -246 Miscellaneous Revenues 6334000 5403000 931000~ -130 Total $ 246526000 $ 243309000 $ (3217000) -12

LTAF I Loss $ 2000000l Revised Total $ (5217000)

Excludes grants and land sales

~~raquo~ (011100shyltb 9- 2 lt 01 3 _01 ampgt5 OltbN(J) -+ a ~ ~ (O-og

201011 General Fund Budget Shortfall

$ (16369000) Decrease in 0910 revised revenues $ (3217000) Additional decrease in 1011 forecasted revenues $ (19586000) Total decrease in general fund revenues for 1011

$ (2000000) Total L TAF I revenue loss $ (21586000) Revised total loss

-oraquoS ~ lii~ sect (l) g =lt m3-0Iggt6 o (l) (I) -to 3 ~~ co og

General Fund Comparison FY 0506 to FY 0910 Budget

$250000000--------------------------------------shy

$200000000 +1----shy

Community Code Complianoe

$150000000 Commun ity Aid Community Development Neig h borflood amp Human Services Building Safety Planning

$100000000 All Other legislative Executive legal Facilities Maintenanoe City Clerk Economic Development Engineering Financial Services EStreets amp

$ 50000000 +-----1 Cable TV lie General Services Capital ImprovernentampOper Streets Storm Sewer Mass Transit Mesa Gateway Cemetery En ironmental Complianoe Mgmt

$0 J------l

Public Safety Parks Library and Culture Community All Other

Mise Services (J)

OeraquoE I) --0 Ci

lt0 ~ 1lt

Does not include Grants or Capital bull FY 0506 wQOl bull FY 0910 7

ltIlr((J) -J 3 - ltIl o ltIl N g_~ 0 __

- 0ltO O~

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

coo~r

Study S

ession A

pril 5 2010 A

ttachment 1

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

General Governmental Operations amp Maintenance FY 200910 Final Budget - $3184M

Finan~lal SrvIC $18M Englnng $31M G~I hrvlc $UM WIlliams Gateway $31M Town Cnter Dev 13M All Othr Service $I2M

Community $126U

Planning $20M Cod Complnca $10M Community Aid S29M Nalghborhood 8rv $21M Building Safety OM

Note Exclude vnu and dlture Itad to capital dbt bullbullrvlc grant bullbull contingency and trlcted ae fund bull

bull Revnu are proportionately -ogtgtSQ II) 0 callocated to fund dbt rviC ccll)c (l) 9- =ltcontlng~cy and non-grant capita cgt3J1ggtappropriationbull o (l) 1)(1)-3 o

Judicial $119M co og

3

General Fund Revenue FY 200910

FY 08109 FY 09110 FY 09110 FY 09110 Actual Budget Revised Budget vs Revised

City Sales Tax $ 108690264 $ 109366000 $ 99990000 $ (9376000) -86 State Sales Tax 35651937 34450000 30721000 (3729000) 108 Vehicle License Tax 15622813 12772000 15574000 2802000 219 Licenses amp Pennita 10223883 8915000 7765000 (1150000) -129 Charges for Services 16494657 19760000 17253000 (2507000) -127 Finesmiddotmiddotamp Forfeitures 12431371 12629000 11037000 (1592000) -126 Urban Revenue Sharing 66268144 57852000 57852000 00 Miscellaneous Revenues 6989228 7151000 6334000 817OOO~ -114

Total $ 272372297 $ 262895000 $ 246526000 $ (16369000) -62

L TAF I Lossmiddotmiddot $ (900000)

Excludes grants and land sales FY 0809 updated with final year end information -0 gt gt II) -0 cLocal Transportation Assistance Fund losses were netted against Light Rail Fare lt2 ~ ~ WT-

Recovery - it netted to zero and did not add to the deficit for 200910 Igto3J1g4 o ro N (I)_lo(l)

ltoo~r

FY 091 0 vs FY1 011 General Fund Revenue Comparison

FY 0910 FY 1011 FY 0910 FY 1011 Revised Projected Revised vs Projected

City Sales Tax $ 99990000 $ 106788000 $ 6798000 62 State Sales Tax 30721000 32595000 1874000 54 Vehicle License Tax 15574000 17504000 1930000 151 Licenses amp Permits 7765000 7994000 229000 26 Charges for Services 17253000 18379000 1126000 57 Fines amp Forfeitures 11037000 11026000 (11OOO) -01 Urban Revenue Sharing 57852000 43620000 (14232000) -246 Miscellaneous Revenues 6334000 5403000 931000~ -130 Total $ 246526000 $ 243309000 $ (3217000) -12

LTAF I Loss $ 2000000l Revised Total $ (5217000)

Excludes grants and land sales

~~raquo~ (011100shyltb 9- 2 lt 01 3 _01 ampgt5 OltbN(J) -+ a ~ ~ (O-og

201011 General Fund Budget Shortfall

$ (16369000) Decrease in 0910 revised revenues $ (3217000) Additional decrease in 1011 forecasted revenues $ (19586000) Total decrease in general fund revenues for 1011

$ (2000000) Total L TAF I revenue loss $ (21586000) Revised total loss

-oraquoS ~ lii~ sect (l) g =lt m3-0Iggt6 o (l) (I) -to 3 ~~ co og

General Fund Comparison FY 0506 to FY 0910 Budget

$250000000--------------------------------------shy

$200000000 +1----shy

Community Code Complianoe

$150000000 Commun ity Aid Community Development Neig h borflood amp Human Services Building Safety Planning

$100000000 All Other legislative Executive legal Facilities Maintenanoe City Clerk Economic Development Engineering Financial Services EStreets amp

$ 50000000 +-----1 Cable TV lie General Services Capital ImprovernentampOper Streets Storm Sewer Mass Transit Mesa Gateway Cemetery En ironmental Complianoe Mgmt

$0 J------l

Public Safety Parks Library and Culture Community All Other

Mise Services (J)

OeraquoE I) --0 Ci

lt0 ~ 1lt

Does not include Grants or Capital bull FY 0506 wQOl bull FY 0910 7

ltIlr((J) -J 3 - ltIl o ltIl N g_~ 0 __

- 0ltO O~

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

coo~r

Study S

ession A

pril 5 2010 A

ttachment 1

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

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pril 5 2010 A

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

General Fund Revenue FY 200910

FY 08109 FY 09110 FY 09110 FY 09110 Actual Budget Revised Budget vs Revised

City Sales Tax $ 108690264 $ 109366000 $ 99990000 $ (9376000) -86 State Sales Tax 35651937 34450000 30721000 (3729000) 108 Vehicle License Tax 15622813 12772000 15574000 2802000 219 Licenses amp Pennita 10223883 8915000 7765000 (1150000) -129 Charges for Services 16494657 19760000 17253000 (2507000) -127 Finesmiddotmiddotamp Forfeitures 12431371 12629000 11037000 (1592000) -126 Urban Revenue Sharing 66268144 57852000 57852000 00 Miscellaneous Revenues 6989228 7151000 6334000 817OOO~ -114

Total $ 272372297 $ 262895000 $ 246526000 $ (16369000) -62

L TAF I Lossmiddotmiddot $ (900000)

Excludes grants and land sales FY 0809 updated with final year end information -0 gt gt II) -0 cLocal Transportation Assistance Fund losses were netted against Light Rail Fare lt2 ~ ~ WT-

Recovery - it netted to zero and did not add to the deficit for 200910 Igto3J1g4 o ro N (I)_lo(l)

ltoo~r

FY 091 0 vs FY1 011 General Fund Revenue Comparison

FY 0910 FY 1011 FY 0910 FY 1011 Revised Projected Revised vs Projected

City Sales Tax $ 99990000 $ 106788000 $ 6798000 62 State Sales Tax 30721000 32595000 1874000 54 Vehicle License Tax 15574000 17504000 1930000 151 Licenses amp Permits 7765000 7994000 229000 26 Charges for Services 17253000 18379000 1126000 57 Fines amp Forfeitures 11037000 11026000 (11OOO) -01 Urban Revenue Sharing 57852000 43620000 (14232000) -246 Miscellaneous Revenues 6334000 5403000 931000~ -130 Total $ 246526000 $ 243309000 $ (3217000) -12

LTAF I Loss $ 2000000l Revised Total $ (5217000)

Excludes grants and land sales

~~raquo~ (011100shyltb 9- 2 lt 01 3 _01 ampgt5 OltbN(J) -+ a ~ ~ (O-og

201011 General Fund Budget Shortfall

$ (16369000) Decrease in 0910 revised revenues $ (3217000) Additional decrease in 1011 forecasted revenues $ (19586000) Total decrease in general fund revenues for 1011

$ (2000000) Total L TAF I revenue loss $ (21586000) Revised total loss

-oraquoS ~ lii~ sect (l) g =lt m3-0Iggt6 o (l) (I) -to 3 ~~ co og

General Fund Comparison FY 0506 to FY 0910 Budget

$250000000--------------------------------------shy

$200000000 +1----shy

Community Code Complianoe

$150000000 Commun ity Aid Community Development Neig h borflood amp Human Services Building Safety Planning

$100000000 All Other legislative Executive legal Facilities Maintenanoe City Clerk Economic Development Engineering Financial Services EStreets amp

$ 50000000 +-----1 Cable TV lie General Services Capital ImprovernentampOper Streets Storm Sewer Mass Transit Mesa Gateway Cemetery En ironmental Complianoe Mgmt

$0 J------l

Public Safety Parks Library and Culture Community All Other

Mise Services (J)

OeraquoE I) --0 Ci

lt0 ~ 1lt

Does not include Grants or Capital bull FY 0506 wQOl bull FY 0910 7

ltIlr((J) -J 3 - ltIl o ltIl N g_~ 0 __

- 0ltO O~

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

coo~r

Study S

ession A

pril 5 2010 A

ttachment 1

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pril 5 2010

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

FY 091 0 vs FY1 011 General Fund Revenue Comparison

FY 0910 FY 1011 FY 0910 FY 1011 Revised Projected Revised vs Projected

City Sales Tax $ 99990000 $ 106788000 $ 6798000 62 State Sales Tax 30721000 32595000 1874000 54 Vehicle License Tax 15574000 17504000 1930000 151 Licenses amp Permits 7765000 7994000 229000 26 Charges for Services 17253000 18379000 1126000 57 Fines amp Forfeitures 11037000 11026000 (11OOO) -01 Urban Revenue Sharing 57852000 43620000 (14232000) -246 Miscellaneous Revenues 6334000 5403000 931000~ -130 Total $ 246526000 $ 243309000 $ (3217000) -12

LTAF I Loss $ 2000000l Revised Total $ (5217000)

Excludes grants and land sales

~~raquo~ (011100shyltb 9- 2 lt 01 3 _01 ampgt5 OltbN(J) -+ a ~ ~ (O-og

201011 General Fund Budget Shortfall

$ (16369000) Decrease in 0910 revised revenues $ (3217000) Additional decrease in 1011 forecasted revenues $ (19586000) Total decrease in general fund revenues for 1011

$ (2000000) Total L TAF I revenue loss $ (21586000) Revised total loss

-oraquoS ~ lii~ sect (l) g =lt m3-0Iggt6 o (l) (I) -to 3 ~~ co og

General Fund Comparison FY 0506 to FY 0910 Budget

$250000000--------------------------------------shy

$200000000 +1----shy

Community Code Complianoe

$150000000 Commun ity Aid Community Development Neig h borflood amp Human Services Building Safety Planning

$100000000 All Other legislative Executive legal Facilities Maintenanoe City Clerk Economic Development Engineering Financial Services EStreets amp

$ 50000000 +-----1 Cable TV lie General Services Capital ImprovernentampOper Streets Storm Sewer Mass Transit Mesa Gateway Cemetery En ironmental Complianoe Mgmt

$0 J------l

Public Safety Parks Library and Culture Community All Other

Mise Services (J)

OeraquoE I) --0 Ci

lt0 ~ 1lt

Does not include Grants or Capital bull FY 0506 wQOl bull FY 0910 7

ltIlr((J) -J 3 - ltIl o ltIl N g_~ 0 __

- 0ltO O~

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

coo~r

Study S

ession A

pril 5 2010 A

ttachment 1

Page

9 of 9

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

201011 General Fund Budget Shortfall

$ (16369000) Decrease in 0910 revised revenues $ (3217000) Additional decrease in 1011 forecasted revenues $ (19586000) Total decrease in general fund revenues for 1011

$ (2000000) Total L TAF I revenue loss $ (21586000) Revised total loss

-oraquoS ~ lii~ sect (l) g =lt m3-0Iggt6 o (l) (I) -to 3 ~~ co og

General Fund Comparison FY 0506 to FY 0910 Budget

$250000000--------------------------------------shy

$200000000 +1----shy

Community Code Complianoe

$150000000 Commun ity Aid Community Development Neig h borflood amp Human Services Building Safety Planning

$100000000 All Other legislative Executive legal Facilities Maintenanoe City Clerk Economic Development Engineering Financial Services EStreets amp

$ 50000000 +-----1 Cable TV lie General Services Capital ImprovernentampOper Streets Storm Sewer Mass Transit Mesa Gateway Cemetery En ironmental Complianoe Mgmt

$0 J------l

Public Safety Parks Library and Culture Community All Other

Mise Services (J)

OeraquoE I) --0 Ci

lt0 ~ 1lt

Does not include Grants or Capital bull FY 0506 wQOl bull FY 0910 7

ltIlr((J) -J 3 - ltIl o ltIl N g_~ 0 __

- 0ltO O~

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

coo~r

Study S

ession A

pril 5 2010 A

ttachment 1

Page

9 of 9

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pril 5 2010

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

ttach

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

General Fund Comparison FY 0506 to FY 0910 Budget

$250000000--------------------------------------shy

$200000000 +1----shy

Community Code Complianoe

$150000000 Commun ity Aid Community Development Neig h borflood amp Human Services Building Safety Planning

$100000000 All Other legislative Executive legal Facilities Maintenanoe City Clerk Economic Development Engineering Financial Services EStreets amp

$ 50000000 +-----1 Cable TV lie General Services Capital ImprovernentampOper Streets Storm Sewer Mass Transit Mesa Gateway Cemetery En ironmental Complianoe Mgmt

$0 J------l

Public Safety Parks Library and Culture Community All Other

Mise Services (J)

OeraquoE I) --0 Ci

lt0 ~ 1lt

Does not include Grants or Capital bull FY 0506 wQOl bull FY 0910 7

ltIlr((J) -J 3 - ltIl o ltIl N g_~ 0 __

- 0ltO O~

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

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Study S

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pril 5 2010 A

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

General Fund Comparison FY 0506 to FY 0910 Budget

$180000000---------------------------------------- shy

$160000000+-------------------------------------- shy

All Other Parks $140000000 -+1----- amp Recreation

LibraryAquatic Arizon a Museum of Natiural History Arizona Museum of

$120OOO000-+--- Youth Cultural Code Comptiance Community Aid Community Development$100000000 -+---Neig h borhood amp Human Services Building Safety and Planning

$80000000 -+--- Legislative Executive Legal Facilities Maintenance City Clerk Economic

$60000000 +1- Development Engineering Financial Services E Streets amp Cable TV Lic General$40000000 +1- Services Capital Improvement amp Oper Streets Storm Sewer Mass

$20000000 +1----1 Transit Mesa Gateway Cemetery Environmental Compliance Mgmt Mise Services$0+1--

1Jraquo2Law Enforcement Fire Judicial All Other ~ iii 0 a

CD 9-- 2lt

cn3ggtII FY 0506 wQOL bull FY 0910 8 o CD N eIgtbull Does not include Grants or Capital Joelgt

coo~r

Study S

ession A

pril 5 2010 A

ttachment 1

Page

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

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--

Stu

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pril 5 2010 A

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

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Study S

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pril 5 2010 A

ttachment 1

Page

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

ttach

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

Stu

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ession A

pril 5 2010

Atta

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mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

ttach

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

mesamiddotaz RC Budget Reductions Baseline Budget $24491692 Budget Reductio~s (94) ($ 2308812) Total FY 1011 RC Budget $22182880

Personal Services -4 vacant positions - $221619 -Overtime - $110833

Equipment Usage $600000 Landfill FeesADEQ Fees $1219260 BinSBoxeSContainers $157100

(J) J -otgttgt2 III if1 c

(Q () =lt (I)=rc(J)2 N 3middot (I)0(1) N(I) _I O~

- 0-lNOl

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

ttach

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

~ mesamiddotaz Solid Waste Program Budget

Budget Budget

Fiscal Year FY 0910 FY 1011

Revenue $47663000 $45874909

Expenses $32119843 $28596189

Net Income $15543157 $17278720

Reserve Fund 177 277 (J)

O~raquoc III iiiC altg g lt w 3 -()I ~ 3 om I)()-IO()

--j~c5~r

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

a~ mesamiddotaz FY 1011 Budget

No rate increase is being recommended for FY 1011

Forecasted Rate Increases FY 1011 FY 1112 FY 1213 FY 1314

00 14 14 14

raquo rJ)-tO-raquoC Q) iiiSl c

CQ () lt (l)J(JI(l4 3middot (l)o (l) NQ)

~ 3 ~ 5 NOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

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Stu

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pril 5 2010 A

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

m~~ LandfillDisposal Update Salt River Landfill

bull 78 of Solid Waste bull 100 of Green Waste bull 51 of Recyclables bull Current Contract to 2015

Waste Management Transfer Stations bull 17 of Solid Waste

bull San TanSky Harbor Sites

bull Contract Options to 2013 Ugt

-u2gtc III iii~ a

(C 0 =lt mT01Ugt 01 3 - m5 om N(II_1 a

- 0 --JNO1

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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pril 5 2010 A

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

~~ mesamiddotaz LandfillDisposal Update

Republic Waste Services (Allied Waste)

bull 5 of Solid Waste

bull AJ LandfillMesa Transfer Station

bull Contract Options to 2013

Hudson Baylor

bull 49 of Recyclables

bull Contract Options to 2012 raquo Cl I

1l=raquoC III III 0 a

10 0 lt (1)T(Cl 0gt 3middot (1)6 0(1) N(J)

~ 3 ~ S --JNQJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

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ession A

pril 5 2010 A

ttach

me

nt 3

Pa

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1 of 18

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

-~ mesamiddotaz landfillDisposal Options

bull Explore all options available for a 20-30 year solution

bull Extend Current Contract with Salt River

bull New ContractVendor

bull New Landfill

bull Transfer Station

bull Return with OptionsRecommendation (J)

O~Jgtc Iraquo Iraquo -0 a (Q (1 2lt (1) T 01 (J)7 -j 3 - (1) o (1) NCIgt

-a~~middot -jNOJ

--

Stu

dy S

ession A

pril 5 2010 A

ttach

me

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Pa

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1 of 18

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

--

Stu

dy S

ession A

pril 5 2010 A

ttach

me

nt 3

Pa

ge

1 of 18

t ~

Q)

C-

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City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

City of Mesa Bond Obligations Prior to Series 2010 Sales

Outstanding Principal

bull General Obligation (GO) Bonds = $270020000

bull Utility Systems Revenue Bonds = $820663000

bull Street amp Highway User Revenue (HURF) Bonds = 140265000

[Jraquo ~ Q) ~ Jlt C (0 --0 a CD ~ ~lt

2 39~ g CD N ~

J 0_ lo-loO oowOJ

Current GO Bond Debt Service (Estimates current-year refunding in FY1718)

$80000000

$75000000

$70000000

$65000000

$60000000

$55000000

$50000000

$45000000

$40000000 1 ~ $35000000 I

$30000000 J $25000000

I $20000000~-

$15000000 ------------- ______ __ OIII_~~__II__$10000000

$5000000

$0 - ------------r--shy

~ V Igt 0 b ~ ~ V Igt 0 b ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ -~ - c- ~ - y () () () cv () cv () cvf ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

tlraquo- ~ -65 (I) ~ ~lt wrcnC)3 3middot ~ 0(1) N() -I o ~--ilIoO 00 cgt 01

Current Utility System Revenue Bond Debt Service - Fully Supported Through Utility Rates

$80000000

$75000000

$70000000

$65000000

$60000000

$55000000

$50000000

$45000000

$40000000

$35000000

$30000000

$25000000

$20000000 -i

$15000000

$10000000

$5000000

$0

~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ b ~ B ~ ~ ~ ~~~~~~~~~~~~~~~~~~~~~~~~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Uraquo_~ II) - c co -0 Co (I) ~ lt

4 ~r(1l(f)3middot (I)

9(I)NgJ 0 __ ~-JO oowOJ

Current Highway User Revenue Fund Bond Debt Service - Fully Supported With Shared HURF Revenues

$80000000

$75000000

$70000000

$65000000

$60000000

$55000000

$50000000

$45000000

$40000000

$35000000

$30000000

$25000000

$20000000

$15000000

--~ _-- $10000000

$5000000

$0

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

gt Q

~ =-6 a (1) ~ 2lt (J1T(J1Ugt5 3middot (1)g (1) N gJ 0 __ ~-lIO CO()OJ

General Obligation (GO) Bond Sale Series 2010

bull GO Bonds Authorized in 2008 - $25840000

bull Public Safety - $17905000

bull Streets - $7935000

- Balance of 2008 Authorization ($1016M) to be sold in 2011 12 amp 13

bull GO Bonds Authorized prior to 2008 - $5025000 for Neighborhood amp Street

Flood Control Oraquoraquo~ ~ =-0 a (1) ~ ~lt

6 (J) 3 01 ggt 0(1) N(I) -J o Jr JrO ogtwOJ

Total G o Bond Debt Service shyAfter Series 2010 Sale Totaling $309M

(Estimates current-year refunding in FY 1718)

$55000000

$50000000

$40000000

$35000000

$30000000

$25000000

$20000000

$45000000

$15000000

$10000000

$5000000

$0 Y

~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Craquo ~ amp =-6a

CD ~ 3lt r(1l007 3middot CD 9CDN~

~ 0_ ~lIO O)()o~

2008 Election Go Bond Project Savings

bull Streets - project savings - Uses

bull Intersection Improvements

bull Streetlight Pole Replacements

- Net savings

bull Public Safety - Net Project Savings to-date

$34850000

5100000

1700000

$28050000

$ 3866000

8

OraquoraquofIraquo _ r co --0 a m ~ ~lt CJJOI(J)

3 - m 2mNgl 0 __ ~-o

CJWOl

Status of GO Bond Sales from 2008 Election

Series Actual 2009 Estimated 2010

Projected 2011 Projected 2012 Projected 2013

Public Safety

$20215000 $17905000

$12686528 $3627472 $3866000

$58300000

Streets $22370000

$7935000

$37737472 $14807528 $28050000

Total $42585000 $25840000

$50424000 $18435000 $31916000

$110900000 $169200000

Note Excludes $5025000 of pre-2008 Neighborhood amp

Street Flood Control GO Bonds

III _ c (Q --0 a Oraquoraquof (I) ~ 2lt9 (OT(JIC)

3 - (I)a()N~

I 0_ loloO co W 01

Current Highway User Revenue Fund Bond Debt Service - Fully Supported With Shared HURF Revenues

$80000000

$75000000

$70000000

$65000000

$60000000

$55000000

$50000000

$45000000

$40000000

$35000000

$30000000

$25000000

$20000000

$15000000

--~ _-- $10000000

$5000000

$0

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

gt Q

~ =-6 a (1) ~ 2lt (J1T(J1Ugt5 3middot (1)g (1) N gJ 0 __ ~-lIO CO()OJ

General Obligation (GO) Bond Sale Series 2010

bull GO Bonds Authorized in 2008 - $25840000

bull Public Safety - $17905000

bull Streets - $7935000

- Balance of 2008 Authorization ($1016M) to be sold in 2011 12 amp 13

bull GO Bonds Authorized prior to 2008 - $5025000 for Neighborhood amp Street

Flood Control Oraquoraquo~ ~ =-0 a (1) ~ ~lt

6 (J) 3 01 ggt 0(1) N(I) -J o Jr JrO ogtwOJ

Total G o Bond Debt Service shyAfter Series 2010 Sale Totaling $309M

(Estimates current-year refunding in FY 1718)

$55000000

$50000000

$40000000

$35000000

$30000000

$25000000

$20000000

$45000000

$15000000

$10000000

$5000000

$0 Y

~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Craquo ~ amp =-6a

CD ~ 3lt r(1l007 3middot CD 9CDN~

~ 0_ ~lIO O)()o~

2008 Election Go Bond Project Savings

bull Streets - project savings - Uses

bull Intersection Improvements

bull Streetlight Pole Replacements

- Net savings

bull Public Safety - Net Project Savings to-date

$34850000

5100000

1700000

$28050000

$ 3866000

8

OraquoraquofIraquo _ r co --0 a m ~ ~lt CJJOI(J)

3 - m 2mNgl 0 __ ~-o

CJWOl

Status of GO Bond Sales from 2008 Election

Series Actual 2009 Estimated 2010

Projected 2011 Projected 2012 Projected 2013

Public Safety

$20215000 $17905000

$12686528 $3627472 $3866000

$58300000

Streets $22370000

$7935000

$37737472 $14807528 $28050000

Total $42585000 $25840000

$50424000 $18435000 $31916000

$110900000 $169200000

Note Excludes $5025000 of pre-2008 Neighborhood amp

Street Flood Control GO Bonds

III _ c (Q --0 a Oraquoraquof (I) ~ 2lt9 (OT(JIC)

3 - (I)a()N~

I 0_ loloO co W 01

General Obligation (GO) Bond Sale Series 2010

bull GO Bonds Authorized in 2008 - $25840000

bull Public Safety - $17905000

bull Streets - $7935000

- Balance of 2008 Authorization ($1016M) to be sold in 2011 12 amp 13

bull GO Bonds Authorized prior to 2008 - $5025000 for Neighborhood amp Street

Flood Control Oraquoraquo~ ~ =-0 a (1) ~ ~lt

6 (J) 3 01 ggt 0(1) N(I) -J o Jr JrO ogtwOJ

Total G o Bond Debt Service shyAfter Series 2010 Sale Totaling $309M

(Estimates current-year refunding in FY 1718)

$55000000

$50000000

$40000000

$35000000

$30000000

$25000000

$20000000

$45000000

$15000000

$10000000

$5000000

$0 Y

~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Craquo ~ amp =-6a

CD ~ 3lt r(1l007 3middot CD 9CDN~

~ 0_ ~lIO O)()o~

2008 Election Go Bond Project Savings

bull Streets - project savings - Uses

bull Intersection Improvements

bull Streetlight Pole Replacements

- Net savings

bull Public Safety - Net Project Savings to-date

$34850000

5100000

1700000

$28050000

$ 3866000

8

OraquoraquofIraquo _ r co --0 a m ~ ~lt CJJOI(J)

3 - m 2mNgl 0 __ ~-o

CJWOl

Status of GO Bond Sales from 2008 Election

Series Actual 2009 Estimated 2010

Projected 2011 Projected 2012 Projected 2013

Public Safety

$20215000 $17905000

$12686528 $3627472 $3866000

$58300000

Streets $22370000

$7935000

$37737472 $14807528 $28050000

Total $42585000 $25840000

$50424000 $18435000 $31916000

$110900000 $169200000

Note Excludes $5025000 of pre-2008 Neighborhood amp

Street Flood Control GO Bonds

III _ c (Q --0 a Oraquoraquof (I) ~ 2lt9 (OT(JIC)

3 - (I)a()N~

I 0_ loloO co W 01

Total G o Bond Debt Service shyAfter Series 2010 Sale Totaling $309M

(Estimates current-year refunding in FY 1718)

$55000000

$50000000

$40000000

$35000000

$30000000

$25000000

$20000000

$45000000

$15000000

$10000000

$5000000

$0 Y

~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Craquo ~ amp =-6a

CD ~ 3lt r(1l007 3middot CD 9CDN~

~ 0_ ~lIO O)()o~

2008 Election Go Bond Project Savings

bull Streets - project savings - Uses

bull Intersection Improvements

bull Streetlight Pole Replacements

- Net savings

bull Public Safety - Net Project Savings to-date

$34850000

5100000

1700000

$28050000

$ 3866000

8

OraquoraquofIraquo _ r co --0 a m ~ ~lt CJJOI(J)

3 - m 2mNgl 0 __ ~-o

CJWOl

Status of GO Bond Sales from 2008 Election

Series Actual 2009 Estimated 2010

Projected 2011 Projected 2012 Projected 2013

Public Safety

$20215000 $17905000

$12686528 $3627472 $3866000

$58300000

Streets $22370000

$7935000

$37737472 $14807528 $28050000

Total $42585000 $25840000

$50424000 $18435000 $31916000

$110900000 $169200000

Note Excludes $5025000 of pre-2008 Neighborhood amp

Street Flood Control GO Bonds

III _ c (Q --0 a Oraquoraquof (I) ~ 2lt9 (OT(JIC)

3 - (I)a()N~

I 0_ loloO co W 01

2008 Election Go Bond Project Savings

bull Streets - project savings - Uses

bull Intersection Improvements

bull Streetlight Pole Replacements

- Net savings

bull Public Safety - Net Project Savings to-date

$34850000

5100000

1700000

$28050000

$ 3866000

8

OraquoraquofIraquo _ r co --0 a m ~ ~lt CJJOI(J)

3 - m 2mNgl 0 __ ~-o

CJWOl

Status of GO Bond Sales from 2008 Election

Series Actual 2009 Estimated 2010

Projected 2011 Projected 2012 Projected 2013

Public Safety

$20215000 $17905000

$12686528 $3627472 $3866000

$58300000

Streets $22370000

$7935000

$37737472 $14807528 $28050000

Total $42585000 $25840000

$50424000 $18435000 $31916000

$110900000 $169200000

Note Excludes $5025000 of pre-2008 Neighborhood amp

Street Flood Control GO Bonds

III _ c (Q --0 a Oraquoraquof (I) ~ 2lt9 (OT(JIC)

3 - (I)a()N~

I 0_ loloO co W 01

Status of GO Bond Sales from 2008 Election

Series Actual 2009 Estimated 2010

Projected 2011 Projected 2012 Projected 2013

Public Safety

$20215000 $17905000

$12686528 $3627472 $3866000

$58300000

Streets $22370000

$7935000

$37737472 $14807528 $28050000

Total $42585000 $25840000

$50424000 $18435000 $31916000

$110900000 $169200000

Note Excludes $5025000 of pre-2008 Neighborhood amp

Street Flood Control GO Bonds

III _ c (Q --0 a Oraquoraquof (I) ~ 2lt9 (OT(JIC)

3 - (I)a()N~

I 0_ loloO co W 01

--

Study S

ession A

pril 5 2010 A

ttachment 3

Page 10 o

f 18

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Definition

bull Secondary Property Taxes - (ARS 42shy11001 ) Ad valorem taxes or special property assessments that are used to pay the PRINCIPAL INTEREST AND REDEMPTION CHARGES ON BONDED INDEBTEDNESS or other lawful long-term obligations that are issued or incurred for a specific capital purpose by a municipality county or taxing district

U en1raquoraquoraquoshy(C 0 a

CD ~ ~lt ~roen11 3 - CD S-CDNg

~ 0_ l-lO CXlWO~

Secondary Property Tax Rate

bull Current FY0910 Rate = $02977 $210+k home $02977 = $6252

bull Reduction in Secondary Assessed Value - Estimated Down -110 (April 09)

- Actual Down -138 (April 10)

-0 (J) Q)~raquoc to --0 c

CD ~ lt 12 N 3Sggt

degCD~cn l o~ -ilooooo+--ao

X)WOl

Series 201 0 Neighborhood Street Flood Control - GO Bond Sale - $5025000

Alternatives

bull Use Cash Balances

bull Repay from General Fund revenues at an annual cost of $252K from years 1 thru 19 and $53M in year 20

bull Adjust Magma Gas Rates and increase transfer

bull Repay using Secondary Property Taxes U (J)11)gt)gtshy10 0 5CD ~ lt

13 ~3-ggCDNg

J 0_ -- -JtO CDWOJ

Estimated Secondary Property Tax Rate

bull Current FY0910 Rate =$02977 $210+k home $02977 = $6252

bull Estimated FY1011 Rate = $03034 $181+k home $03034 = $5492

Impact-Average savings of ($760)

0 (J)

~ ~gtc (I) m ~ Q () lt

14 39g0(1) NltIgt -I oli ~ ~o COWOl

Current Comparative Local Property Tax Rates

City Mesa

Chandler

Gilbert Glendale

Phoenix Scottsdale Tempe

Secondary $02977

$08522

$11500 $13699

$10536 $03782

~09103

Primary

$00000

$03292

$00000 $02252

$07664 $03650

~0~4897

Total

$02977

$11814

$11500 $15951

$18200 $07432

~14000

Avg (excl Mesa) $09524 $03626 $13150 -u Cl1raquoraquoraquoshyltC-c5 ~ ~ 2lt 0lr0lCl15 3middot (I)0(1) NCigt -I o ~--lO 0gt()01

Comparing GO Debt per Resident (Source FY0809 - AZ Dept of Revenue)

FY08109 GO GO Bond Debt City Population Bond Debt Resident Mesa

Chandler

Gilbert

Glendale

Phoenix

Scottsdale

Tempe

NotesSources

459765

244473

215117

248479

1562108

242392

172675

$270020000

$135110000

$217730000

$193105023

$1347433959

$551455000

$442000000

$587

$553

$1012

$777

$863

$2275

$2560

of GO Debt Limit

Used 217

150

303

339)

275

256

640

MAG (Maricopa Association of Governments) July 1st population estimates Arizona Department of Revenue

0 en turaquo2

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J O~ -a-lO CXlWOJ

--

Study S

ession A

pril S 2

01

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Attachm

ent 3 1

70

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CO en I o o ~

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Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

Definition

bull Secondary Property Taxes - (ARS 42shy11001 ) Ad valorem taxes or special property assessments that are used to pay the PRINCIPAL INTEREST AND REDEMPTION CHARGES ON BONDED INDEBTEDNESS or other lawful long-term obligations that are issued or incurred for a specific capital purpose by a municipality county or taxing district

U en1raquoraquoraquoshy(C 0 a

CD ~ ~lt ~roen11 3 - CD S-CDNg

~ 0_ l-lO CXlWO~

Secondary Property Tax Rate

bull Current FY0910 Rate = $02977 $210+k home $02977 = $6252

bull Reduction in Secondary Assessed Value - Estimated Down -110 (April 09)

- Actual Down -138 (April 10)

-0 (J) Q)~raquoc to --0 c

CD ~ lt 12 N 3Sggt

degCD~cn l o~ -ilooooo+--ao

X)WOl

Series 201 0 Neighborhood Street Flood Control - GO Bond Sale - $5025000

Alternatives

bull Use Cash Balances

bull Repay from General Fund revenues at an annual cost of $252K from years 1 thru 19 and $53M in year 20

bull Adjust Magma Gas Rates and increase transfer

bull Repay using Secondary Property Taxes U (J)11)gt)gtshy10 0 5CD ~ lt

13 ~3-ggCDNg

J 0_ -- -JtO CDWOJ

Estimated Secondary Property Tax Rate

bull Current FY0910 Rate =$02977 $210+k home $02977 = $6252

bull Estimated FY1011 Rate = $03034 $181+k home $03034 = $5492

Impact-Average savings of ($760)

0 (J)

~ ~gtc (I) m ~ Q () lt

14 39g0(1) NltIgt -I oli ~ ~o COWOl

Current Comparative Local Property Tax Rates

City Mesa

Chandler

Gilbert Glendale

Phoenix Scottsdale Tempe

Secondary $02977

$08522

$11500 $13699

$10536 $03782

~09103

Primary

$00000

$03292

$00000 $02252

$07664 $03650

~0~4897

Total

$02977

$11814

$11500 $15951

$18200 $07432

~14000

Avg (excl Mesa) $09524 $03626 $13150 -u Cl1raquoraquoraquoshyltC-c5 ~ ~ 2lt 0lr0lCl15 3middot (I)0(1) NCigt -I o ~--lO 0gt()01

Comparing GO Debt per Resident (Source FY0809 - AZ Dept of Revenue)

FY08109 GO GO Bond Debt City Population Bond Debt Resident Mesa

Chandler

Gilbert

Glendale

Phoenix

Scottsdale

Tempe

NotesSources

459765

244473

215117

248479

1562108

242392

172675

$270020000

$135110000

$217730000

$193105023

$1347433959

$551455000

$442000000

$587

$553

$1012

$777

$863

$2275

$2560

of GO Debt Limit

Used 217

150

303

339)

275

256

640

MAG (Maricopa Association of Governments) July 1st population estimates Arizona Department of Revenue

0 en turaquo2

lt0 - Cm ~ llt c)rQen

16 3 - mamN()

J O~ -a-lO CXlWOJ

--

Study S

ession A

pril S 2

01

0

Attachm

ent 3 1

70

f18

-J -C

(J) c

u

en - (J)

CO en I o o ~

N

(f) (J)

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en

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

Secondary Property Tax Rate

bull Current FY0910 Rate = $02977 $210+k home $02977 = $6252

bull Reduction in Secondary Assessed Value - Estimated Down -110 (April 09)

- Actual Down -138 (April 10)

-0 (J) Q)~raquoc to --0 c

CD ~ lt 12 N 3Sggt

degCD~cn l o~ -ilooooo+--ao

X)WOl

Series 201 0 Neighborhood Street Flood Control - GO Bond Sale - $5025000

Alternatives

bull Use Cash Balances

bull Repay from General Fund revenues at an annual cost of $252K from years 1 thru 19 and $53M in year 20

bull Adjust Magma Gas Rates and increase transfer

bull Repay using Secondary Property Taxes U (J)11)gt)gtshy10 0 5CD ~ lt

13 ~3-ggCDNg

J 0_ -- -JtO CDWOJ

Estimated Secondary Property Tax Rate

bull Current FY0910 Rate =$02977 $210+k home $02977 = $6252

bull Estimated FY1011 Rate = $03034 $181+k home $03034 = $5492

Impact-Average savings of ($760)

0 (J)

~ ~gtc (I) m ~ Q () lt

14 39g0(1) NltIgt -I oli ~ ~o COWOl

Current Comparative Local Property Tax Rates

City Mesa

Chandler

Gilbert Glendale

Phoenix Scottsdale Tempe

Secondary $02977

$08522

$11500 $13699

$10536 $03782

~09103

Primary

$00000

$03292

$00000 $02252

$07664 $03650

~0~4897

Total

$02977

$11814

$11500 $15951

$18200 $07432

~14000

Avg (excl Mesa) $09524 $03626 $13150 -u Cl1raquoraquoraquoshyltC-c5 ~ ~ 2lt 0lr0lCl15 3middot (I)0(1) NCigt -I o ~--lO 0gt()01

Comparing GO Debt per Resident (Source FY0809 - AZ Dept of Revenue)

FY08109 GO GO Bond Debt City Population Bond Debt Resident Mesa

Chandler

Gilbert

Glendale

Phoenix

Scottsdale

Tempe

NotesSources

459765

244473

215117

248479

1562108

242392

172675

$270020000

$135110000

$217730000

$193105023

$1347433959

$551455000

$442000000

$587

$553

$1012

$777

$863

$2275

$2560

of GO Debt Limit

Used 217

150

303

339)

275

256

640

MAG (Maricopa Association of Governments) July 1st population estimates Arizona Department of Revenue

0 en turaquo2

lt0 - Cm ~ llt c)rQen

16 3 - mamN()

J O~ -a-lO CXlWOJ

--

Study S

ession A

pril S 2

01

0

Attachm

ent 3 1

70

f18

-J -C

(J) c

u

en - (J)

CO en I o o ~

N

(f) (J)

shy(J)

en

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

Series 201 0 Neighborhood Street Flood Control - GO Bond Sale - $5025000

Alternatives

bull Use Cash Balances

bull Repay from General Fund revenues at an annual cost of $252K from years 1 thru 19 and $53M in year 20

bull Adjust Magma Gas Rates and increase transfer

bull Repay using Secondary Property Taxes U (J)11)gt)gtshy10 0 5CD ~ lt

13 ~3-ggCDNg

J 0_ -- -JtO CDWOJ

Estimated Secondary Property Tax Rate

bull Current FY0910 Rate =$02977 $210+k home $02977 = $6252

bull Estimated FY1011 Rate = $03034 $181+k home $03034 = $5492

Impact-Average savings of ($760)

0 (J)

~ ~gtc (I) m ~ Q () lt

14 39g0(1) NltIgt -I oli ~ ~o COWOl

Current Comparative Local Property Tax Rates

City Mesa

Chandler

Gilbert Glendale

Phoenix Scottsdale Tempe

Secondary $02977

$08522

$11500 $13699

$10536 $03782

~09103

Primary

$00000

$03292

$00000 $02252

$07664 $03650

~0~4897

Total

$02977

$11814

$11500 $15951

$18200 $07432

~14000

Avg (excl Mesa) $09524 $03626 $13150 -u Cl1raquoraquoraquoshyltC-c5 ~ ~ 2lt 0lr0lCl15 3middot (I)0(1) NCigt -I o ~--lO 0gt()01

Comparing GO Debt per Resident (Source FY0809 - AZ Dept of Revenue)

FY08109 GO GO Bond Debt City Population Bond Debt Resident Mesa

Chandler

Gilbert

Glendale

Phoenix

Scottsdale

Tempe

NotesSources

459765

244473

215117

248479

1562108

242392

172675

$270020000

$135110000

$217730000

$193105023

$1347433959

$551455000

$442000000

$587

$553

$1012

$777

$863

$2275

$2560

of GO Debt Limit

Used 217

150

303

339)

275

256

640

MAG (Maricopa Association of Governments) July 1st population estimates Arizona Department of Revenue

0 en turaquo2

lt0 - Cm ~ llt c)rQen

16 3 - mamN()

J O~ -a-lO CXlWOJ

--

Study S

ession A

pril S 2

01

0

Attachm

ent 3 1

70

f18

-J -C

(J) c

u

en - (J)

CO en I o o ~

N

(f) (J)

shy(J)

en

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

Estimated Secondary Property Tax Rate

bull Current FY0910 Rate =$02977 $210+k home $02977 = $6252

bull Estimated FY1011 Rate = $03034 $181+k home $03034 = $5492

Impact-Average savings of ($760)

0 (J)

~ ~gtc (I) m ~ Q () lt

14 39g0(1) NltIgt -I oli ~ ~o COWOl

Current Comparative Local Property Tax Rates

City Mesa

Chandler

Gilbert Glendale

Phoenix Scottsdale Tempe

Secondary $02977

$08522

$11500 $13699

$10536 $03782

~09103

Primary

$00000

$03292

$00000 $02252

$07664 $03650

~0~4897

Total

$02977

$11814

$11500 $15951

$18200 $07432

~14000

Avg (excl Mesa) $09524 $03626 $13150 -u Cl1raquoraquoraquoshyltC-c5 ~ ~ 2lt 0lr0lCl15 3middot (I)0(1) NCigt -I o ~--lO 0gt()01

Comparing GO Debt per Resident (Source FY0809 - AZ Dept of Revenue)

FY08109 GO GO Bond Debt City Population Bond Debt Resident Mesa

Chandler

Gilbert

Glendale

Phoenix

Scottsdale

Tempe

NotesSources

459765

244473

215117

248479

1562108

242392

172675

$270020000

$135110000

$217730000

$193105023

$1347433959

$551455000

$442000000

$587

$553

$1012

$777

$863

$2275

$2560

of GO Debt Limit

Used 217

150

303

339)

275

256

640

MAG (Maricopa Association of Governments) July 1st population estimates Arizona Department of Revenue

0 en turaquo2

lt0 - Cm ~ llt c)rQen

16 3 - mamN()

J O~ -a-lO CXlWOJ

--

Study S

ession A

pril S 2

01

0

Attachm

ent 3 1

70

f18

-J -C

(J) c

u

en - (J)

CO en I o o ~

N

(f) (J)

shy(J)

en

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

Current Comparative Local Property Tax Rates

City Mesa

Chandler

Gilbert Glendale

Phoenix Scottsdale Tempe

Secondary $02977

$08522

$11500 $13699

$10536 $03782

~09103

Primary

$00000

$03292

$00000 $02252

$07664 $03650

~0~4897

Total

$02977

$11814

$11500 $15951

$18200 $07432

~14000

Avg (excl Mesa) $09524 $03626 $13150 -u Cl1raquoraquoraquoshyltC-c5 ~ ~ 2lt 0lr0lCl15 3middot (I)0(1) NCigt -I o ~--lO 0gt()01

Comparing GO Debt per Resident (Source FY0809 - AZ Dept of Revenue)

FY08109 GO GO Bond Debt City Population Bond Debt Resident Mesa

Chandler

Gilbert

Glendale

Phoenix

Scottsdale

Tempe

NotesSources

459765

244473

215117

248479

1562108

242392

172675

$270020000

$135110000

$217730000

$193105023

$1347433959

$551455000

$442000000

$587

$553

$1012

$777

$863

$2275

$2560

of GO Debt Limit

Used 217

150

303

339)

275

256

640

MAG (Maricopa Association of Governments) July 1st population estimates Arizona Department of Revenue

0 en turaquo2

lt0 - Cm ~ llt c)rQen

16 3 - mamN()

J O~ -a-lO CXlWOJ

--

Study S

ession A

pril S 2

01

0

Attachm

ent 3 1

70

f18

-J -C

(J) c

u

en - (J)

CO en I o o ~

N

(f) (J)

shy(J)

en

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

Comparing GO Debt per Resident (Source FY0809 - AZ Dept of Revenue)

FY08109 GO GO Bond Debt City Population Bond Debt Resident Mesa

Chandler

Gilbert

Glendale

Phoenix

Scottsdale

Tempe

NotesSources

459765

244473

215117

248479

1562108

242392

172675

$270020000

$135110000

$217730000

$193105023

$1347433959

$551455000

$442000000

$587

$553

$1012

$777

$863

$2275

$2560

of GO Debt Limit

Used 217

150

303

339)

275

256

640

MAG (Maricopa Association of Governments) July 1st population estimates Arizona Department of Revenue

0 en turaquo2

lt0 - Cm ~ llt c)rQen

16 3 - mamN()

J O~ -a-lO CXlWOJ

--

Study S

ession A

pril S 2

01

0

Attachm

ent 3 1

70

f18

-J -C

(J) c

u

en - (J)

CO en I o o ~

N

(f) (J)

shy(J)

en

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

--

Study S

ession A

pril S 2

01

0

Attachm

ent 3 1

70

f18

-J -C

(J) c

u

en - (J)

CO en I o o ~

N

(f) (J)

shy(J)

en

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl

Series 201 0 Bond Sale Schedule

bull April 5 - Receive Authorization to Sell Bonds

bull May 12 - Receive bids

bull May 13 - Council Acceptance of bids bull Transaction completed by June 30

C CIl ~~raquoE(1) iii~ 0shy 0 lt

18 C0 3_0lg9(1)l)gJ ~a~c) COWOl