City of College Station FY 19-20 Proposed Budget Overviewwtaw.com/wp-content/uploads/2019/08/CScityBudgetFY20overview.… · • College Station’s Proposed Total Tax Rate would

City of College StationFY 19-20 Proposed Budget

OverviewAugust 12, 2019 to August 14, 2019

Where We’ve Been – Population GrowthPOPULATION STUDENT ENROLLMENT

50,000

60,000

70,000

80,000

90,000

100,000

110,000

120,000

130,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019*

30,000

35,000

40,000

45,000

50,000

55,000

60,000

65,000

70,000

08 09 10 11 12 13 14 15 16 17 18

Page 21

Where We’ve Been –Sales Tax• Sales tax primary source of

revenue since FY15 at 37.4%

• Sales tax revenue more unpredictable source of Revenue

• FY19 Sales Tax is projected to fall below budget

-1.95%

-0.56%

4.99%

5.94%

7.28%

6.50%

8.65%

1.78%

5.15%

0.83%

1.65%1.00%

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19* FY20*

Year over Year Sales Tax Change Page 20

Where We’ve Been –Property Valuations• Total Taxable Value in the City has

increased an average of 6.91% since 2011• 2016 and 2017 had increases of

over 11%

• Exempt Value has increased an average of 11.13% since 2011• 2012, 2013 and 2016 had

increases of over 13.5%• 2018 had an increase of over

30.2% 0

2,000

4,000

6,000

8,000

10,000

12,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

MIL

LIO

NS

$

City of College Station Ad Valorem Valuations

Page 18

Proposed Property Tax RateCurrent Rate Change Proposed FY20

Debt Service Fund 22.0339 0.1105 22.1444

General Fund 28.5502 2.7672 31.3174

50.5841 2.8777 53.4618

Effective Rate 47.8968 1.6789 49.5757

Rollback Rate 52.2313 1.2305 53.4618

*Rates above are stated cents per $100 assessed valuation

Where We’re Going –Sales Tax & Ad Valorem Tax

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24

Percentage of Revenue

Sales Tax Ad Valorem Taxes

Where We Are –Total Tax Rate Comparison• Compared our proposed rate to 28

Cities with Population between 75,000 and 150,000

• College Station’s Proposed Total Tax Rate would rank in the middle 3rd (12th from the lowest)

• 57% of the Cities would have a higher tax rate than College Station

• The City of Bryan’s tax rate would still exceed College Stations by 9.5371 cents per $100 of assessed valuation

0 10 20 30 40 50 60 70 80 90

Tyler - 24.4452 Sugar Land - 31.5950

Midland - 39.2249 Conroe - 41.7500

Round Rock - 42.0000 Lewisville - 43.6086

Odessa - 47.6601 McAllen - 47.9234 Mission - 49.8800

Longview - 50.9900 Allen - 51.0000

College Station - 53.4619 League City - 56.5000

Carrollton - 59.4970 Denton - 62.0477 Bryan - 62.9990

Edinburg - 63.5000 Richardson - 63.5160

Pharr - 64.9000 Beaumont - 69.0000

Wichita Falls - 70.5980 Pearland - 70.9458 Mesquite - 73.4000

Killeen - 74.9800 Abilene - 77.5100

San Angelo - 77.6000 Waco - 77.6232

Baytown - 82.2030

City of College Station FY2020 Proposed Ad Valorem Tax Rate Comparison of Texas Cities with a Population 75,000 to 150,000

O&M

Debt

Page 18

Where We Are –O&M Tax Rate Comparison• College Station’s Proposed O&M or

Operational Tax Rate would rank in the bottom 3rd (6th from the lowest)

• 79% of the Cities would have a higher tax rate than College Station

• The City of Bryan’s O&M tax rate would still exceed College Stations by 16.5533 cents per $100 of assessed valuation

0 10 20 30 40 50 60 70 80

Sugar Land - 18.131 Tyler - 24.4452

Pearland - 27.9458 Conroe - 29.25

Round Rock - 29.813 College Station - 31.3175

Lewisville - 31.3766 Midland - 34.7456

Richardson - 37.413 Longview - 38.42

Odessa - 39.1609 Allen - 39.3463

Denton - 40.5432 Mission - 40.66

League City - 41.3798 Carrollton - 43.022 McAllen - 44.0122 Baytown - 45.7643

Bryan - 47.8708 Mesquite - 48.792

Beaumont - 49.191 Killeen - 53.53

Edinburg - 54.47 Abilene - 56.48

Pharr - 56.71 Waco - 67.3581

San Angelo - 68.24 Wichita Falls - 68.7102

City of College Station FY2020 Proposed Ad Valorem O&M Tax Rate Comparison of Texas Cities with a Population 75,000 to 150,000

O&M

Where We’ve Been –Departmental Expenditures• In 2009 – Police and Fire made up

35.3% of the total amount spent in the General Fund

• In 2019 – Police and Fire will make up 51.1% of General Fund Expenditures

• Capitalization of costs related to construction of assets in Public Works and reductions in General Government and Parks have contributed to the switch

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%

Public Safety

Public works

General government

Parks

Planning

Expenditures by Department Category

2019 2009

Where We’ve Been -FTEs• Salaries and Benefits comprise

approximately 73.5% of all of the expenditures in the General Fund

• The number of people in Municipal service in 2011 was 9.68 per every 1,000 citizens

• The number of people in Municipal service at the City in 2019 has declined by 1.32 people to 8.36 per every 1,000 citizens

9.68

9.36

8.97

8.88

8.778.71

8.33

8.45

8.36

8.20

8.40

8.60

8.80

9.00

9.20

9.40

9.60

9.80

2010 2012 2014 2016 2018 2020

FTEs/1000 PopulationPage 24

General Fund Revenue SummaryAd Valorem Taxes

35.32%

Sales Tax34.51%

Other Taxes3.54%

Licenses & Permits1.98%

Charges for Services4.72%

Fines & Penalties2.83%

Intergovernmental0.73%Investment Earnings

0.47%

Other Revenue0.50%

Utility Transfer15.24%

Misc Non-Operating0.17%

Page 37

General Fund Expenditure SummaryPolice Dept

28.02%Fire Dept22.97%

Public Works Dept10.65%

Parks & Recreation Dept8.01%

Recreation Programs3.83%

Library1.45%Planning & Development

Sv Dept5.10%

Information Technology Dept

6.83%

Fiscal Services Dept5.05%

General Government Dept8.08%

Page 37

Impact on a Single Family Home• Average Home Price in College Station =

$280,098

• The City of Bryan’s Tax Rate will remain unchanged, but it is higher already than College Station’s by 9.5371 cents per $100 of assessed valuation

• CSISD property tax rate will be decreasing, but the exact percentage has not yet been verified

• Brazos County tax rate is an increase of $.0125 per $100 of assessed valuation to a proposed rate of $0.4975

Proposed Tax Rate

Effective Tax Rate

Annual Increase (Decrease)

Home Value 280,098 280,098

Divided by 100 100 100

Base Home Value 2,801 2,801 -

Tax Rate $ 0.534618 $ 0.495757 $ 0.038861

City Tax on Valuation $ 1,497.45 $ 1,388.61 $ 108.85

Percentage increase for FY20 7.84%