PROPOSED BOND 2020 PROGRAM OVERVIEW City Council Briefing July 28, 2020 1
BOND 2020 PROGRAM SUMMARY Proposition Number of Projects Total Allocation Streets 22 $61M (81%) Parks 18 $12M (16%) Public Safety 2 $2M (3%) Total 42 $75M 2
BOND PROPOSALS With 2¢ Property Tax Rate Increase Without 2¢ Property Tax Rate Increase Initial Updated Initial Updated Allocation Category Proposed Proposed Allocation Allocation Variance Projects Projects Streets 26 $72M (63%) 22 $61M (81%) $11M Parks 23 $23M (20%) 18 $12M (16%) $11M Public 2 $20M (17%) 2 $2M (3%) $18M Safety Total 51 $115M 42 $75M $40M 3
KEY DATES FOR BOND 2020 BOND 2020 Schedule Task Description Due Date Bond Presentation to Council, community input and discussion July 21 Bond Community Input and Council approval of Bond projects July 28 Ordinance calling for Elections August 11 Finalize Informational Brochure & Ballot Language August 30 Release Brochure & Finalize Ballot Language September Post Ballot Language to the City’s website October 13 Virtual Speakers Bureau October 15 BOND ELECTION - NOVEMBER 3, 2020 4
GUIDING PRINCIPLES • Increase Capacity for High • Signature Projects Growth Areas • Investment in Major • Enhance Functionality of Corridors Recreational Areas • Project Continuation • Major Signature Park • Increase Connectivity Projects as opposed to Maintenance Projects • Leverage Match Projects • Improve Public Safety Facilities 5
ROUGH PROPORTIONALITY • Bond Benefits all Council Districts Evenly Program Proposition CD1 CD2 CD3 CD4 CD5 Citywide Total 2020 Bond Program Streets $12,000,000 $13,300,000 $11,800,000 $12,100,000 $11,800,000 $61,000,000 2020 Bond Program Public Safety $2,000,000 $2,000,000 2020 Bond Program Parks and Public Facilities $750,000 $1,000,000 $750,000 $1,000,000 $8,500,000 $12,000,000 $12,750,000 $14,300,000 $11,800,000 $12,850,000 $12,800,000 $10,500,000 $75,000,000 17% 19% 16% 17% 17% 14% 100% 2021 CDBG Grant Parks and Public Facilities - - $1,000,000 - - - $1,000,000 $14,300,000 $12,750,000 $12,800,000 $12,850,000 $12,800,000 $10,500,000 $76,000,000 17% 19% 17% 17% 17% 14% 100% 6
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STREETS • $61M Allocation – 22 Streets in the 5 Council Districts • Focus on Arterials and Collectors – Reconstruction and Rehabilitation – Update lighting, sidewalk & curb repairs, Bike Lanes and ADA ramps • Continuation of previous Bond and SPMP projects 8
STREETS Proposition Number of Projects Total Allocation Initial Proposal 26 $72M Updated Proposal 22 $61M Difference 4 $11M 9
STREETS - COUNCIL DISTRICT 1 Street Cost Comanche (Carancahua to Alameda) $2.5M Frontier (McKinzie to Rockwood) $2.5M Hearn (Callicoatte to Dead End) $2.1M Wildcat (FM 624 to Teague) $2.5M Trinity River (FM 624 to Wood River) $2.4M Total: $12M 10
STREETS - COUNCIL DISTRICT 2 Street Cost Brownlee (Staples to Morgan) $2.7M Alameda (Texan Trail to Chamberlain) $6.3M Everhart (Staples to McArdle) $4.3M Total: $13.3M 11
STREETS - COUNCIL DISTRICT 3 Street Cost Airport (Morgan to Horne) $4.8M Carroll (Holly to Dead End) $2.8M Flato (Bates to Bear) $4.2M Total: $11.8M 12
STREETS - COUNCIL DISTRICT 4 Street Cost Everhart (Alameda to Staples) $4.3M Waldron (SPID to Purdue) $3.95M Jackfish (End of Aquarius to Park Rd 22) $900K Park Rd 22 (Compass to Park Rd 22) $300K Park Rd 22 – South Access Rd (Commodore to $1.6M Jackfish) Encantada (Encantada to Nueces County Park) $650K Beach Access Rd No. 3 (SH361 to Beach) $400K Total: $12.1M 13
STREETS - COUNCIL DISTRICT 5 Street Cost Lipes (Sunwood to Staples) $3.1M Rodd Field (Yorktown to Adler) $4.8M Strasbourg (Grenoble to Marseille) $2M Yorktown – Design Only $1.9M (Rodd Field to Oso Creek Bridge) Total: $11.8M 14
PARKS • $12M Allocated – 14 Parks projects in the 5 Council Districts – 4 Additional Citywide Projects • Focus on Signature Projects & Neighborhood Parks – Reconstruction and Rehabilitation • Parking lots, restroom facilities, playground and shade structures • New pool design and install playground, skate park, walking paths, and lighting 15
PARKS Proposition Number of Projects Total Allocation Initial Proposal 23 $23M Final Proposal 18 $12M Difference 5 $11M 16
PARKS - COUNCIL DISTRICT 1 Project* Cost McNorton Park $250K Brookhill Park $250K Academy Park $250K Total: $750K *Replacement of playground equipment and installation of shade structures at McNorton Park, Brookhill Park and Academy Park. 17
PARKS - COUNCIL DISTRICT 2 Project* Cost Cupier Park $250K Sherwood Park $250K Sam Houston Park $250K Temple Park $250K Total: $1M *Replacement of playground equipment and installation of shade structures at Cupier Park, Sherwood Park, Sam Houston Park and Temple Park. 18
PARKS - COUNCIL DISTRICT 3 Project* Cost CDBG Grant for Salinas Park $1M Total $1M * Install outdoor workout equipment, construct skate park and install LED lights at park. 19
PARKS - COUNCIL DISTRICT 4 Project* Cost $250K Windsor Park $250K Retta Park $250K Douden Park Total: $750K *Replacement of playground equipment and installation of shade structures at Windsor Park, Retta Park and Douden Park. 20
PARKS - COUNCIL DISTRICT 5 Project* Cost $250K Crossgate Park $250K Brighton Park $250K Brandywine Park $250K Capt. Falcon Park Total: $1M *Replacement of playground equipment and installation of shade structures at Crossgate Park, Brighton Park, Brandywine Park and Capt. Falcon Park. 21
CITYWIDE PARKS PROJECTS Project Cost Texas State Aquarium – Rescue $3M Center North Beach Restrooms & $2.5M Facilities Bill Witt City Park – Pool & $1M Facilities (Design) $2M West Guth Park Enhancements Total: $8.5M 22
PUBLIC SAFETY • $2M Allocated – 2 Citywide Projects • Focus on Public Safety Facilities (Design Only) – Fire: Replace antiquated fire station #3 (Morgan Street) – Police: New Police Training Academy 23
PUBLIC SAFETY Proposition Number of Projects Total Allocation Initial Proposal 2 $20M Final Proposal 2 $2M Difference 0 $18M 24
CITYWIDE PUBLIC SAFETY PROJECTS Project Cost Fire Station #3– Morgan St. $750K (Design Only) Police Training Academy $1.25M (Design Only) Total $2M 25
GENERAL OBLIGATION (G.O.) DEBT CAPACITY • $75M can be done without the Bond 2018 voter approved 2¢ City property tax rate increase – Coordinated City debt management plan with City financial advisors - Estrada & Hinojosa 26
RECENT G.O. BOND PROGRAMS YEAR G.O. Bond Amount ($M) 2000 $30.8 2004 $95.0 2008 $153.0 2012 $88.0 2014 $99.5* (2.1¢ tax rate increase) 2016 $15.9 2018 $96.0* (If 2.0¢ tax rate increase added in FY2021) * Included tax increase 27
FINANCIAL IMPACT • FY 2020 property tax rate is $0.646264 – $0.426806 Maintenance and Operations (M&O)Rate (General Fund) – $0.219458 Interest and Sinking Fund (I&S) Rate (Debt Rate) • FY 2021 property tax rate will remain $0.646264 without the Bond 2018 voter approved 2 cent City property tax rate increase ($75M Bond Capacity) • Property tax rate recommended in City Manger’s FY2021 Proposed Budget is the same as the tax rate in FY 2020 or $0.646264 28
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