04-B Revenue/Expense FiguresJune 10, 2002
MEMORANDUM
TO: MICHAEL E. MALONE, CITY MANAGER
FROM: GENE ANDERSON, FINANCE DIRECTOR
SUBJECT: PRELIMINARY REVENUE ESTIMATES
Per your request, I have completed my preliminary revenue estimates. The purpose of this memo is to inform
you of several problem areas which will need to be considered as the City goes through the budget process.
Any area not mentioned is projected to meet current budget expectations. Those areas of concern are as
follows:
GENERAL FUND
1. Current property taxes are projected to be $5,901,110. That is $98,000 below budget projections,
however, delinquent collections and delinquent penalties are $33,000 above projections.
2. The one and the ¼ cent sales taxes are projected to be $4,484,385. That is $515,615 below budget. The
economy has not enjoyed the typical post-contraction acceleration leaving us in our present situation.
Current economic forecasts call for a gradual and modest economic rebound.
3. TXU Gas franchise tax is projected to be $240,000. That is $96,000 below budget.
4. TXU Electric fran~hise tax payment was received today in the amount of $1,662,855. That is $66,467
over the budgeted amount. General confusion throughout the industry caused by deregulation
continues to make this an area to watch.
5. Interest revenue is projected to be $160,000. That is $90,000 below budget. Low inflation levels
continue to hold interest rates down.
6. SW Bell franchise tax is projected to be $129,830. That is $62,170 below budget.
WATER & SEWER FUND
1. Sewer charges are projected to be $3,880,325. That is $179,675 below budget. This assumes a mild
summer similar to last year.
2. Industrial surcharges are projected to be $175,000. That is $50,000 below budget.
3. Water sales are projected to be $5,907,946. That is $360,304 below budget. This also assumes a mild
SUlIllller.
As was discussed with the Council during last year's budget workshops, new water and sewer rates with
annual updates are needed.
SPECIAL NOTE
The Lamar County Appraisal District has the City's preliminary taxable value set at $1,072,200,974. That is
$53,040,263 above last year's value. At a 61 cent tax rate, this equals an increase of $323,545 at 100%
collection rate and $310,603 at 96°,4 collection rate. The Chief Appraiser states that there are about 75
residential appeals pending with the Appraisal Review Board. Also, Silgan Can, Texas NE Railroad, Lamar
Power Parmers, Killingsworth Enterprises, Cinemark, K-Mart, Whatco, Brookshires, Cavenders, Pads
Oncology, Guaranty Bank, and Foxworth-Galbraith all have appeals pending. Campbell Soup has not
appealed at this point, but is expected to do so. The ARB hearings continue through July 8th.
ilI
STATE OF TEXAS §
COUNTY OF LAMAR §
PARIS FIRE DEPARTMENT PAY RAISE
PETITION
We, the persons whose signatures appear below, swear and attest that we are qualified
voters of the City of Paris, Texas. Pursuant to TEXAS LOCAL GOVERNMENT CODE
{}141.034, we hereby petition the Paris City Council to increase the minimum salary of each
memlJe~' of the Pads Fire Department as stated below, effective on October 1, 2002.
Classification Hourly Bi-Weekly .Monthly Annually
Fire Fighter (entry) 10.49 1,174.88 2,545.57
Fire Fighter (1 yr in class) 12.07 1,351.84 2,928.98
Fire Fighter (3 yrs in class) 12.57 1,407.84 3,050.32
Fire Fighter (6 yrs in class) 13.07 1,463.84 3,171.65
Driver (entry) 13.64 1,527.68 3,309.97
Driver (2 yrs in class) 14.14 1,583.68 3,431.31
Engineer (entry) c, 14.65 1,640.80 3,555.07
Engineer (2 yrs in class) .15.15 1,696.80. 3,676.40
Engineer (4 yrs in class) 15.65 1,752.80 3,797.73
Deputy Chief 16.46 1,843.52 3,994.29
Training Officer 23.04 1,843.52 3,994.29
30,646.88
35,147.84
36,603.84
38,059.84
39,719.68
41,175.68
42,660.80
44,116.80
45,572.80
47,931.52
47,931.52
We hereby designate the following five qualified voters of the City of Pads to act as a
committee of petitJone.rs pursuant to {}102 of the Pads City Charter, and to act as a committee of
petitioners authorized to negotiate with the Pads City Council in accordance with TEXAS
LOCAL GOVERNMENT CODE §141.034(g):
Name:
Michael A. Roberts
Wilfred M. Hargis
Kevin Hughes
Steven L Walters
William R. McDowell
Address: DOB: Voter Reg.# -~'
3825 Sage Trail Dr. 12-13-E,6 92002073
2245 36th N.E. 4-8-53 45315
3230 E. Houston 5-9-77 99000006
320 34t~ S.E. 11-23-59 43614
2510 Ballard Dr. 3-30-69 40335
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