State of Finances Snapshot FY2011-2012

For the quarter ending December 31, 2011

February 13, 2012

CITY OF PEARLAND

2

MAJOR FUND SUMMARIES

GENERAL FUND WATER & SEWER FUND PEDC FUND

3

GENERAL FUND SUMMARY -REVENUES

REVENUES FY 2012BUDGET

FY 2012 ACTUAL-TO-DATE

FY 2012 % OF BUDGET

FY 2011 ACTUAL-T0-DATE

Property Tax $10,840,389 $5,122,942 47.3% $5,889,481

Sales & Use Tax $13,631,831 $3,704,656 27.2% $3,305,213

Franchise Fees $5,361,910 $901,574 16.8% $888,176

Licenses & Permits $1,741,529 $452,018 26.0% $344,311

Fines & Forfeitures $2,851,290 $686,333 24.1% $590,459

Charges for Services $11,292,491 $4,214,433 37.3% $4,225,664

Miscellaneous $342,904 $67,398 19.7% $73,865

Sub-Total $49,848,444 $15,149,354 32.9% $15,317,169

Transfers In $3,786,100 $836,019 22.1% $742,651

Other Financing Sources $1,240,165 $0 0.0% $0

TOTAL REVENUE $51,088,609 $15,985,373 31.3% $16,059,820

Excluding Transfers In and Other Financing Sources, revenues are 32.9% of budget. Exceeds 25%, or 3 months of activity. Carryover will include $65,644.

Property Taxes – Actual collections through December for current property tax – 48.7% vs. 56.1% last year. Budget 98% collection rate.

Sales Tax Collection (Actual) – 27.9% of General Fund budget (mix drink tax not included). Oct. – Dec. totals $3,767,539 which is 4.7% greater than the year-to-date budget of $3,599,080 and $256,768 or 7.3% greater than the actual receipts from last year.

License & Permits – Licenses & Permits total $452,018 and are 26.0% of budget. This is an increase of $107,707 from December 2010. Building Permits reflects greater residential permits compared to last year –176 SF permits issued through December 2011, compared to 169 issued through December 2010, and 22 commercial permits vs. 4 last year.

Charges for Services – Collection at 37.3% attributable to TIRZ Administration Fees. Ambulance fees and Membership up $86K and $113K respectively offset by lower TIRZ Admin Fees.

Miscellaneous – At 19.7% of budget. $6,467 lower than December 2010 due to an accounting reversal of mark to market on investments.

4

GENERAL FUND SUMMARY-EXPENDITURES

EXPENDITURES FY 2012 BUDGET

FY 2012 ACTUAL-TO-DATE

FY 2012 % OF BUDGET

FY 2011 ACTUAL-TO-DATE

General Government $7,250,787 $2,209,800 30.5% $2,081,501

Public Safety $26,117,252 $6,592,506 25.2% $5,964,198

Community Services $3,882,555 $1,098,508 28.3% $863,286

Public Works $5,765,922 $1,170,030 20.3% $1,223,006

Parks & Recreation $7,470,601 $1,563,941 20.9% $1,665,682

Total Operating Expenditures $50,486,120 $12,633,941 25.0% $11,797,673

Transfers Out $1,058,162 $264,542 25.0% $186,117

TOTAL EXPENDITURES $51,545,459 $12,898,483 25.0% $11,983,790

Expenditures of $12.9M are 25% of budget and include some items budgeted last fiscal year that were in process at year-end and paid this fiscal year. Total expenditure carryovers are $790,748 approved by Council in January.

General Government – 30.5% of budget. Reflects annual payment to KPB vs. monthly payments last year.

Public Safety – Higher than last year due to full year operation of Fire Station #5, fewer police officer vacancies and the purchase of 12 police cars.

Community Service– Higher than last year due to department restructuring of Department divisions that includes Engineering and IVR for Permits.

Public Works – Decreased from last year due department restructuring of Department divisions that includes Engineering.

Parks & Recreation – Decreased by $102,585, currently showing savings in park maintenance, facility maintenance, and recycling.

5

GENERAL FUND –FUND BALANCE

Beginning Fund Balance – audited $14,523,546 Ending Fund Balance - $14,066,696

Revenue carryover from fiscal year 2011 $ 65,644 Expenditure carryover from fiscal year 2011 $ 790,748 Net carryovers ($ 725,104)

Revised Ending Fund Balance - $13,341,592 Budgeted Policy – 2 months recurring $ 8,303,490 Fund Balance over Reserve Policy* $ 5,038,102 Original Fund Balance Over Policy $ 2,936,157

* Can be used towards one-time non-recurring expenditures such as capital purchases and improvements.

6

WATER & SEWER FUND SUMMARY - REVENUES

REVENUES FY 2012 BUDGET

FY 2012 ACTUAL-TO-DATE

FY 2012 % OF BUDGET

FY 2011 ACTUAL-T0-DATE

Sale of Water $14,448,224 $4,401,145 30.5% $3,474,990

Sewer Revenues $10,496,337 $2,934,120 28.0% $2,677,895

Other Service Charges $1,350,294 $305,660 22.6% $305,803

Interest Income $23,577 ($5,608) -23.8% $8,203

Other Misc. Income $212,574 $51,196 24.1% $76,765

Transfers In $2,606,773 $651,694 25.0% $618,053

Bond / Lease Proceeds $0 $0 0% $0

TOTAL REVENUE $29,137,779 $8,338,207 28.6% $7,161,710

Total revenues are 28.6% of budget, and Water/Sewer charges make up 88% of total revenues.

Through December 2011 there were 1.061 billion gallons billed, compared to 776 million billed through December 2010. There were 1.49 inches more rainfall this year than last year for Oct-Dec.; however little rainfall in September which reflects October billing of over 438 million or 41% of the gallons billed.

Carryover to include $348K for LS Switch grant.

7

WATER CONSUMPTIONFirst Quarter - FY 2011 & FY 2012 Water Consumption-

in Millions

538

721

67

83

109

178

9

11

53

67

0

200

400

600

800

1000

1200

1st Qtr - 11 1st Qtr - 12

(in m

illio

ns o

f gal

lons

)

Residential Commercial Sprinkler Builders Other

FY 2011 & FY 2012 YTD Total Water Consumption-in Millions

776

1061

0

200

400

600

800

1000

1200

(in m

illio

n ga

llons

)

FY 2011 YTD FY 2012 YTD

7761,061

8

RAINFALL COMPARISON

0.09

4.3

5.18

3.1

5.11

4.474.22

0.48 0.59

0.02 0.16

1.67

3.042.71

0.9

0

1

2

3

4

5

6

(in

in

ches

)

Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

FY 2011 and FY 2012 Rainfall

FY 2011 Rainfall FY 2012 Rainfall

2011 YTD – 10.4 inches2012 YTD – 11.9 inches

9

WATER & SEWER FUND SUMMARY - EXPENSES

EXPENSES FY 2012 BUDGET

FY 2012 ACTUAL-TO-DATE

FY 2012 % OF BUDGET

FY 2011 ACTUAL-T0-DATE

Lift Stations $689,754 $171,845 24.9% $190,744

Wastewater Treatment $3,467,892 $743,646 21.4% $622,426

Water Production $6,066,928 $1,205,466 19.9% $851,946

Distribution & Collection $1,724,188 $416,283 24.1% $407,792

Construction $925,413 $205,741 22.2% $221,921

GIS 255,393 $47,967 18.8% -

W&S Revenue Collections $2,044,559 $599,083 29.3% $879,921

Sub Total $15,174,129 $3,390,032 22.3% $3,174,750

Other Requirements $10,103,393 $45,781 0.5% $50,633

Transfers $6,637,800 $1,692,905 25.5% $1,167,774

TOTAL EXPENSES $31,915,320 $5,128,718 16.1% $4,393,157

Personnel Costs: $1,212,262 (24%), Operations: $2,257,006 (44%), are 22.3% of Budget. Including Other Requirements and Transfers, expenses are 16.1% of budget.

Lift Stations – Carryover from FY11 will include $348K for LS switches in January.

Water Production – Reflects 2 months for FM521. Surface water increase of $291K over last year. Carryover of $310,000 for GCWA and $81,147 for UDF Flushing Program in January.

Utility Billing – FY2011 expense associated with total purchase of water meters and registers for replacement programs. Funds of $59,081 will be carried over for Selectron IVR System.

Other Requirements – Bond payment due in February. Will be reflected in second quarter.

10

WATER & SEWER –CASH EQUIVALENTS BALANCE

Beginning Cash Equivalents - audited $13,747,658 Ending Cash Equivalents - budget $10,606,819

Revenue Carryover from fiscal year 2011 $ 348,000 Expenditure carryover from fiscal year 2011 $ 905,900 Net Carryovers ($ 557,900)

Revised Ending Cash Equivalents – budget $10,048,919 Adopted Budget Ending Cash Equivalents $ 8,669,430 Increase in ending balance $ 1,380,178

11

P.E.D.C. FUND SUMMARY -REVENUES

REVENUES FY 2012 BUDGET

FY 2012 ACTUAL-TO-DATE

FY 2012 % OF BUDGET

FY 2011 ACTUAL-T0-DATE

Sales Tax $6,745,634 $1,852,328 27.5% $1,652,606

Miscellaneous $424,000 $144,569 40.8% $108,730

Interest $24,150 $9,855 34.1% $3,129

TOTAL REVENUE $7,193,784 $2,006,752 27.9% $1,764,465

Sales Tax Collection (Actual) – 27.9% of PEDC Fund budget. Oct. – Dec. totals $1,883,767 which is 4.7% greater than the year-to-date budget of $1,799,467 and $128,384 or 7.3% greater than the actual receipts from last year.

Miscellaneous revenues includes $39,186 for Water/Sewer pro rata reimbursement and rental revenues.

12

P.E.D.C. FUND SUMMARY -EXPENDITURES

EXPENDITURES FY 2012 BUDGET

FY 2012 ACTUAL-TO-DATE

FY 2012 % OF BUDGET

FY 2011 ACTUAL-T0-DATE

Operating $1,422,918 $270,135 19.0% $392,788

Capital $15,000 $0 0.0% $43,613

Transfers $178,857 $45,145 25.2% $45,623

Bond Payment $2,040,906 $0 0.0% $0

Business Incentives $3,358,500 $206,349 6.1% $126,336

TOTAL EXPENDITURES $7,016,181 $521,629 7.4% $608,360

Operating – Includes personnel costs, as well as expenditures associated with marketing and promotional programs.

Transfers – Includes $25,803 to the City for support services and $19,342 to U of H fund.

Bond payment – Bond payment due in February. Will be reflected in second quarter report.

Business Incentives – Include $101,409 for TurboCare and $66,079 for Speed Shore.

13

P.E.D.C. –INCENTIVES

Budgeted Amount for Business Incentives - $3,266,500Current Incentives Committed Prior FY 2012 BalanceCSI $6.4M $4.1M $0 $2.3MSCR HH GP $300K $180K $0 $120KFreese & Nichols $90K $0 $0 $90KAltus Harbor $87.5K $50K $15K $22.5KBrask/Neela, Inc. $150K $0 $0 $150KOTS $124K $0 $16K $108KTurbocare $105K $0 $101K $4KSpeed Shore $80K $0 $66K $14K

14

P.E.D.C. –FUND BALANCE

Beginning Fund Balance - audited $9,240,157 Ending Fund Balance - budget $9,417,760

Expenditure carryover from Fiscal Year 2011 ($0)

Revised Ending Fund Balance - budget $9,417,760 Reserve for Debt Service - ($665,254) Available Ending Fund Balance - $ 8,752,506 Adopted Budget Ending Balance - $ 8,170,907

15

ECONOMIC INDICATORS

PROPERTY TAX COLLECTION SALES TAX COLLECTION – MONTH-TO-MONTH SALES TAX – QUARTER-TO-DATE SINGLE FAMILY PERMITS COMMERCIAL PERMITS BUILDING PERMIT REVENUE HOT TAXES – BY QUARTER

HOT TAXES – BY YEAR UNEMPLOYMENT RATE FORECLOSURE FILINGS

16

PROPERTY TAX COLLECTIONS (Year-to-Date)

$21.1

$43.5

$0

$5

$10

$15

$20

$25

$30

$35

$40

$45

(in

mil

lion

s)

1st Qtr

Amount Collected-Cumulative

Collections Levy

55.7%48.5%

0.0%

50.0%

100.0%

(per

cen

t)

1st Qtr

Percent Collected-Cumulative

FY2011 FY2012

*Percent collected based on 100% of Levy. Budgeted at 98.0%

17

SALES TAXSales Tax Actual-To-Actual and Percent Change

4.8%

6.6%

10.9%

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

Oct Nov Dec

(in m

illio

ns)

0

0.02

0.04

0.06

0.08

0.1

0.12

(per

cent

cha

nge)

FY2011 Actual FY2012 Actual Percent Change

Sales Tax Budget-To-Actual and Percent Change

2.2%

3.9%

8.2%

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

Oct Nov Dec

(in m

illio

ns)

0

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0.08

0.09

(per

cent

cha

nge)

FY2012 Budget FY2012 Actual Percent Change*December reflects actual numbers received in February.

18

SALES TAXTotal Sales Tax

$4.95

$5.65$5.27 $5.40

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

(in m

illio

ns)

FY2010 Actual FY2011 Actual FY2012 Budget FY2012 Actual

*December reflects actual numbers received in February.

19

SALES TAX COMPARISONSCITY

(tax rate)NET

PAYMENT FOR DEC.*

PRIOR YEAR FOR DEC.*

% CHANGE

2012 PAYMENT TO DATE**

2011 PAYMENT TO

DATE**

% CHANGE

PEARLAND (1.5) 2,487,508.62 2,334,497.05 6.55% 4,162,453.21 3,844,979.56 8.25%

PLANO (1.0) 8,523,991.60 7,149,432.02 19.22% 13,160,667.31 12,042,587.90 9.28%

PASADENA (1.5) 2,775,893.05 2,590,682.38 7.14% 4,696,906.89 4,326,065.49 8.57%

SUGAR LAND (2.0) 5,168,289.35 4,810,332.74 7.44% 8,741,926.47 7,775,472.58 12.42%

ROUND ROCK (2.0)

6,850,675.96 6,936,740.46 -1.24% 12,159,345.96 11,466,238.95 6.04%

COLLEGE STATION (1.5)

2,130,425.43 2,081,102.31 2.37% 3,758,257.64 3,552,665.20 5.78%

MCKINNEY (2.0) 3,588,971.25 3,639,672.60 -1.39% 6,187,160.24 6,170,141.90 0.27%

FRISCO (2.0) 5,549,945.91 5,233,927.93 6.03% 9,190,065.71 8,375,539.63 9.72%

LEAGUE CITY (1.75)

1,499,562.46 1,453,805.75 3.14% 3,123,025.37 2,377,510.66 31.35%

BAYTOWN (1.25) 1,484,366.75 1,329,540.17 11.64% 2,438,747.28 2,202,388.50 10.73%

THE WOODLANDS (1.0)***

5,049,901.64 4,706,451.47 7.30% 7,974,381.34 6,998,341.40 13.95%

*Dec. received in February**Calendar year (Jan. – Dec.) ***The Woodlands is a special purpose district.

20

SINGLE FAMILY PERMITS

169

143

188 184176

0

20

40

60

80

100

120

140

160

180

200

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter

Num

ber o

f Sin

gle

Fam

ily P

erm

its

FY 11 Actual FY 12 Actual

Single Family Permit and Valuation

$17.57

$8.77$9.47

0

10

20

30

40

50

60

70

80

90

Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

Num

ber o

f Sin

gle

Fam

ily P

erm

its

$0.0

$5.0

$10.0

$15.0

$20.0

$25.0

$30.0

$35.0

(val

uatio

n in

mill

ions

)

FY 11 Actual FY 12 Actual FY 12 Valuation

21

SINGLE FAMILY PERMITS

First Quarter Comparison

194

169 176

$0

$50

$100

$150

$200

$250

Num

ber o

f Sin

gle

Fam

ily P

erm

its

FY 10 Actual FY 11 Actual FY 12 Actual

Value$35.8M

Value$32.6M

Value$35.2M

22

COMMERCIAL PERMITSCommercial Permits

47

5

8

22

0

5

10

15

20

25

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter

No.

of C

omm

erci

al P

erm

its

FY 11 Actual FY 12 Actual

Commercial Permits and Taxable Valuation

0

2

4

6

8

10

12

14

Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

Num

ber o

f Com

mer

cial

Per

mits

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

(val

uatio

n in

mill

ions

)

FY 11 Actual FY 12 Actual FY12 Valuation

*Valuation and number exclude exempt properties, multi-family dwellings and apartment garages. A total of 28 buildings (282 units) were permitted for the Villa’s at SCR.

23

COMMERCIAL PERMITS

Grand Total Comparison thru 1st Quarter

19

4

22

0

5

10

15

20

25

Num

ber o

f Com

mer

cial

Per

mits

FY10 Actual FY11 Actual FY12 Actual

*Valuation and number exclude exempt properties, multi-family dwellings, apartment garages and apartment houses. Permit value of the Villa’s at SCR only include maintenance and office/clubhouse facilities.

Value$5.2M

Value$18.6M

Value$5.0M

24

TOTAL BUILDING PERMIT AND BUILDING PLAN FEE REVENUE

$206,958$304,639

$468,722

$740,230

$1,024,905

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

Year-To-Date Actual

FY 2011 FY 2012

25

HOT TAXESQuarterly Occupancy Tax*

150,586

171,816163,823

187,048

142,661

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

FY2011 Actual FY2012 Actual

*Reflects amount received each quarter.

26

HOT TAXESYear-to-Date Occupancy Tax*

293,247

480,295

142,661

652,111

163,823

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

FY2011 Actual FY2012 Actual

*Reflects cumulative total thru 4th quarter.

27

UNEMPLOYMENT RATE(Fiscal Year 2012)

Average Rate By Quarter(Pearland/State/National)

7.2

8.18.7

6.76.97.0

6.5

4

6

8

10

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

FY 2011 (Pearland) FY 2012 (Pearland)FY 2012 State FY 2012 National

Source: Texas Workforce Commission and Federal Bureau of Labor Statistics

28

FORECLOSURE FILINGS(Fiscal Year 2012 – 1st Quarter)

Source: RealtyTrac *Includes ETJ

Note: Multiple filings can occur on one property within a given timeframe and can include:Default notices, auction notices, notice of trustee sale or bank seizure.

Residential Foreclosure Filings (Pearland)

3073 87 67

72

125

169

127

0

50

100

150

200

250

300

FY 2009 FY 2010 FY 2011 FY 2012

77581 77584

102

198

256

Residential Foreclosure Filings By Zip Code(Pearland)

87 67 75 72 64

169127 123 114 96

050

100150200250300

1stQtr-11

1stQtr-12

2ndQtr-11

2ndQtr-12

3rdQtr-11

3rdQtr-12

4thQtr-11

4thQtr-12

77581 77584

194

29

FORECLOSURE FILINGS COMPARISONS

CITY OCTOBER FILINGS

NOVEMBER FILINGS

DECEMBER FILINGS

TOTAL FILINGS FOR 1ST QRTR.

PEARLAND 56 77 61 194

MISSOURI CITY 81 78 82 241

PASADENA 52 64 62 178

SUGAR LAND 38 66 43 147

BAYTOWN 50 63 55 168

CONROE 56 69 68 193

ROUND ROCK 96 75 58 229

MCKINNEY 86 80 96 261

FRISCO 70 56 65 191

ALLEN 47 54 40 141

ROWLETT 26 50 53 129

Note: Multiple filings can occur on one property within a given timeframe and can include:Default notices, auction notices, notice of trustee sale or bank seizure.Based on mailing address/zip codes, not City limits proper.

30

SUMMARY/STATUS OF GRANTS CDBG/CDBG-R

Program Year Allocation/Action Plan accepted and FY12 award funds released in the amount of $272,102. FY12 CDBG infrastructure project funds released upon environmental clearance from HUD.

Program Year 2010 CAPER completed and submitted to HUD Program Year 2010 sidewalk construction in Old Townsite and ½ of Hawk Road awarded to

Brooks Concrete completed in September. Veterans sidewalk completed in Q4 of FY11. Texas Department of Rural Affairs (formerly ORCA) CDBG Funds – Lift Stations $348,000

Funds unreleased to-date pending completion of engineering/design by Cobb-Fenley, according to the program’s intermediary consultant Grantworks.

The legislature has made an official change to the administering agency and the General Land Office will officiate these federal grant funds on behalf of the State. Stricter adherence to eligibility requirements involving Low-Moderate Income demographics may affect additional funding requests submitted beyond 2009 Round 1 application.

Byrne Justice Assistance Grant $11,189 in E. Byrne Memorial JAG funds awarded and for use in FY12, $8,000 available for 4

Dell laptops for Field Training Officers and $3,189 to be used for digital cameras for investigative purposes.

Victim Assistance Grants Continuation application for Criminal Justice Division funding for Crime Victim Liaison released

and Grant Workshop scheduled by HGAC for grant applicants in January of 2012. Crime Victim Specialist hired and placed with $41,999 grant from Office of the Attorney General.

EECBG – Energy Grant Final project activities for Adaptive Traffic Signalization of FM518 from Kirby to FM1128

complete. Program is fully operational and minor adjustments to the detection cameras, ethernet system and traffic cabinet computer technology to be finalized in January 2012. Final payments to Siemens scheduled for January 2012.

31

SUMMARY/STATUS OF GRANTS, con’t

Assistance to Firefighters/SAFER Grants 6 Firefighters have been hired with FEMA Grant Funds. EMS request to assist with the costs of an ambulance unit unfunded by FEMA. The City received

$35,000 from the Department of State Health Services. Bureau of Justice Assistance – Bullet Proof Vests

Purchasing office, Police Department and Fire Marshal’s Office have begun the procurement process for purchases of protective vests with 50% federal match in the amount of $8,027.

Department of Justice – COPS Hiring Recovery Program Formula grant request for 5 sworn officer positions at a total of $973,250 over three years with no

match required was submitted in July. Although no award notice has been received, Justice Department has not rejected our application and indicates federal FY’12 appropriation will determine if an award can be issued to the City.

U.S. Soccer Foundation Request for $65,000 for Musco Lighting and Hunter Irrigation products for Max Road Sports

Complex completed and submitted to the foundation. Home Fire Safety Coalition

Request for $1,000 “Live Burn” grant submitted to provide funding for the reconstruction of the Fire Marshal’s “Live Burn” rooms. First request funded in FY11. Second request submitted in FY12 and notification pending.

Grants Summary Number Amount FY12 Grants Applied For 2 $65,998 Grants Awarded 0 $0 Active Grants 16 $3,106,501

32

INVESTMENTS – 1st QTR. BOOK VALUE

At Sept. 30th 2011 - $85,743,173 At Dec.31st, 2011 - $95,148,547 PORTFOLIO $65,178,545 or 68% in Cash $2,245,000 or 2% in CD’s $27,725,002 or 30% in FHLB/FHLMC/FFCB/FNMA

WEIGHTED AVERAGE MATURITY 80 Days Longest Maturity – 541 days

YIELD TO MATURITY AT COST (avg. for quarter) 0.23% 0.12% (T-Bill benchmark) 0.08% (Agency note benchmark)

33333333

SUMMARY OF MAJOR CAPITAL PROJECTS

Through 12/31/11PROJECT

FUNDEDBUDGET

ACTUAL-TO-DATE

ENCUMB-RANCE REMAINING ANTICIPATED

SAVINGS

City of Houston Connection1 $20,095,519 $18,115,805 $1,478,592 $501,122 $200,000

Max Road Sports Complex $2,624,277 $260,532 $99,835 $2,263,910 $0

Cowart Creek $12,626,450 $10,295,027 $398,593 $1,932,830 $0

Longwood WWTP $4,333,105 $282,424 $181,464 $3,869,217 $0

Barry Rose WWTP $3,753,760 $265,207 $93,159 $3,395,394 $0

Twin Creek Woods LS $2,519,000 $174,846 $69,077 $2,275,077 $0

34343434

SUMMARY OF MAJOR CAPITAL PROJECTS

Through 12/31/11

1Project was bid on June 17, 2010. Savings of $6.0 million already taken.

PROJECT FUNDEDBUDGET

ACTUAL-TO-DATE

ENCUM-BRANCE REMAINING

ANTICIPATEDSAVINGS

Hatfield Sewer $4,634,000 $231,188 $281,200 $4,121,612 $0

Old Alvin Waterline $2,556,718 $126,326 $216,530 $2,213,862 $0

Warrant UpdateSummary 1st Quarter FY12

Jail Credit 617 cases - $213,329 value Warrant Officer 232 cases - $29,032 collected Newspaper 29 cases - $11,977collected ALPR 92 cases - $6,516 collected GIS mapping 3 cases Total number of warrants cleared 2016 Value of all warrants cleared by all means

$731,215 (Not necessarily value of cash received)

Warrant UpdateComparison 1st Qtr FY11 to FY12

FY 11 FY 12Warrants Issued 2,268 2,019

% of FTA 32% 46%

Warrants Cleared 1,991 2,016

Jail Credit 637/$193,853 617/$213,329

Warrant Officer 102 232

ALPR 80 92

Newspaper 66 29

Outstanding 15,075/$4,627,306 15,560/$5,061,086

Warrant UpdateWarrant Activity by Month

FYTD 2011 October November December FYTD 2012

Beginning Bal #

14,737 15,314 15,496 15,626

$ 4,710,599 4,495,613 4,514,898 4,630,470

Issued 8,776 773 732 514 2,019

Cleared—(all means)

9,124 721 663 632 2,016

Outstanding

# 15,314 15,496 15,626 15,560 15,560

$ 4,927,821 5,002,941 5,059,353 5,061,086 5,061,086

% Inc/Dec

38

OTHER NOTEWORTHY HIGHLIGHTS – 1st Qtr.

Closed 2011 fiscal year, including audit schedules, audit completed. To be filed with Council on February 20th.

Produced the FY 2012 budget document and 2012-2016 CIP and put on City’s website.

Identified FY 2011 carryovers and prepared for management review and approval. Council approved in January.

Prepared powerpoint for workshop on Priority Based Budgeting. Revised agenda format to include additional financial information. Council approved parameter sale for refunding of funds. PEDC Analysis for Defeasance of Bonds. HHW At Your Door began October 1 (170 pick-ups; 10,636 lbs.

collected).

39

OTHER NOTEWORTHY HIGHLIGHTS – 1st Qtr.

List of services identified by all Departments for potential outsourcing.

Commercial Recycling began Oct 1st - 6 customers. Utility Billing IVR Implemented P&Z presentations on In-City MUDs.

Continued…