HomeMy WebLinkAboutFY 2001-2002 -- Comprehensive Annual Financial ReportCITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
PREPARED BY THE
CITY OF COLLEGE STATION FISCAL SERVICES DEPARTMENT
CHARLES CRYAN, DIRECTOR OF FISCAL SERVICES
KATHLEEN HUBBARD, ASSISTANT DIRECTOR OF FISCAL SERVICES/ACCOUNTING MANAGER
PHILLIP GUILLEN, INVESTMENT OFFICER
-i-
CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
Table of Contents
Page
INTRODUCTORY SECTION..................................................................................................................1
Letter of Transmittal .......................................................................................................................3
GFOA Certificate of Achievement for Excellence in Financial Reporting.............................................18
Organizational Chart .....................................................................................................................19
Principal City Officials ..................................................................................................................20
FINANCIAL SECTION ........................................................................................................................21
Independent Auditors' Report .........................................................................................................23
General Purpose Financial Statements for the Fiscal Year Ended September 30, 2002:
Combined Balance Sheet - All Fund Types and Account Groups ...............................................26
Combined Statement of Revenues, Expenditures and Changes in Fund Balances - All Governmental
Fund Types .....................................................................................................................30
Combined Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis) - General, Special Revenue, Debt Service and Capital Projects Funds 32
Combined Statement of Revenues, Expenses and Changes in Retained Earnings/Fund
Balance - All Proprietary and Fiduciary Fund Types ............................................................36
Combined Statement of Cash Flows - All Proprietary and Fiduciary Fund Types ..........................38
Notes to General Purpose Financial Statements ......................................................................41
Supplemental Combining, Individual Fund and Account Group Statements and Schedules for the Fiscal
Year ended September 30, 2002:
General Fund
Schedule of Revenues and Other Financing Sources - Budget and Actual
(Budgetary Basis).....................................................................................................74
Schedule of Expenditures - Budget and Actual (Budgetary Basis)........................................78
CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
Table of Contents
(Continued)
- ii -
Spec ial Revenue Funds
Combining Balance Sheet ................................................................................................92
Combining Statement of Revenues, Expenditures and Changes in Fund Balances .................94
Community Development Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (B udgetary Basis).....................................................................................96
Convention Center Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis).....................................................................................97
Hotel/Motel Tax Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis).....................................................................................98
Melrose Apartment Tax Increment Financing District Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis).....................................................................................99
Parks Escrow Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis)...................................................................................100
Wolf Pen Creek Tax Increment Financing District Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis) 101
Debt Service Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis).........................................................................................105
Capital Projects Funds
Combining Balance Sheet ..............................................................................................108
Combining Statement of Revenues, Expenditures and Changes in Fund Balances ...............110
Business Park Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis)...................................................................................112
Drainage Projects Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis)...................................................................................113
CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
Table of Contents
(Continued)
- iii -
General Government Projects Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis)...................................................................................114
Parks Projects Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis)...................................................................................115
Streets Projects Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and
Actual (Budgetary Basis)...................................................................................116
Enterprise Funds
Combining Balance Sheet ..............................................................................................118
Combining Statement of Revenues, Expenses and Changes in Retained Earnings ..............122
Combining Statement of Cash Flows ...............................................................................124
Electric Fund
Schedule of Revenues - Budget and Actual (Budgetary Basis).....................................128
Schedule of Expenses - Budget and Actual (Budgetary Basis)....................................129
Water Fund
Schedule of Revenues - Budget and Actual (Budgetary Basis).....................................130
Schedule of Expenses - Budget and Actual (Budgetary Basis)....................................131
Sewer Fund
Schedule of Revenues - Budget and Actual (Budgetary Basis).....................................133
Schedule of Expenses - Budget and Actual (Budgetary Basis)....................................134
Sanitation Fund
Schedule of Revenues - Budget and Actual (Budgetary Basis).....................................136
Schedule of Expenses - Budget and Actual (Budgetary Basis)....................................137
Northgate Parking Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............138
Enterprise Funds
Schedule for Reconciliation of Revenues and Expenses (Budgetary Basis) to GAAP
Basis Statement of Income ................................................................................139
Internal Service Funds
Combining Balance Sheet ..............................................................................................142
Combining Statement of Revenues, Expenses and Changes in
Retained Earnings (Deficits).....................................................................................144
CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
Table of Contents
(Continued)
- iv -
Combining Statement of Cash Flows ...............................................................................146
Communication Services Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............148
Employee Benefits Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............149
Equipment Replacement Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............150
Fleet Maintenance Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............151
Print/Mail Services Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............152
Property and Casualty Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............153
Unemployment Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............154
Utility Billing Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............155
Workers' Compensation Fund
Schedule of Revenues and Expenses - Budget and Actual (Budgetary Basis)...............156
Internal Service Funds
Schedule for Reconciliation of Revenues and Expenses (Budgetary Basis)
to GAAP Basis Statement of Income ........................................................................158
Trust Funds
Cemetery Perpetual Care Fund Balance Sheet .................................................................162
Cemetery Perpetual Care Fund Statement of Revenues,
Expenses and Changes in Fund Balances ..................................................................163
Cemetery Perpetual Care Fund Statement of Cash Flows .................................................164
General Fixed Assets Account Group
Schedule of General Fixed Assets by Source ..................................................................167
Schedule of General Fixed Assets by Source, Function and Activity ..................................168
CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
Table of Contents
(Continued)
- v -
Schedule of Changes in General Fixed Assets by Function and Activity .............................170
STATISTICAL SECTION
General Governmental Revenues and Other Financing Sources ......................................................172
General Governmental Expenditures and Other Uses by Function ..................................................174
Property Tax Levies and Collections ............................................................................................176
Assessed Value of Taxable Properties .........................................................................................179
Property Tax Rates, Ratios and Levies - All Direct and Overlapping Governments ............................180
Paving Assessment Collections ..................................................................................................182
Computation of Legal Debt Margin ...............................................................................................183
Ratio of Net General Bonded Debt to Assessed Value and Net Bonded Debt Per Capita ..................184
Schedule of Direct and Estimated Overlapping Debt ......................................................................186
Ratio of Annual Debt Service Expenditures for General Obligation Debt to Total General
Governmental Expenditures and Other Uses ..........................................................................187
Utility Funds - Schedule of Revenue Bond Coverage ......................................................................188
Construction Permits..................................................................................................................189
Principal Taxpayers ....................................................................................................................190
Principal Utility Customers ..........................................................................................................191
Summary of Insurance Coverage .................................................................................................192
Miscellaneous Statistical and Demographic Data..........................................................................193
- 1 -
1
INTRODUCTORY SECTION
2
3
January 17, 2003
Honorable Mayor
Members of the City Council
City of College Station, Texas
The Comprehensive Annual Financial Report of the City of College Station, Texas ("City"), for the
fiscal year ended September 30, 2002, is submitted herewith as mandated by the City’s Charter and
state statutes. The charter and statutes require that the City annually issue a report on its financial
position and activity and that this report be audited by qualified public accountants. The City employs
Ingram, Wallis & Company to audit the financial section of this report. The City’s Accounting Division
of the Fiscal Services Department prepares this financial report. Responsibility for the accuracy of the
presented data and the completeness and fairness of the presentation, including all disclosures,
rests with the City. Both City Staff and the auditors believe that the data, as presented, is accurate in
all material respects; that it is presented in a manner designed to fairly set forth the financial position
of the City's various funds and account groups; and that all disclosures necessary to enable the
reader to gain the maximum understanding of the City's financial affairs are included.
The Comprehensive Annual Financial Report is presented in three major sections: introductory,
financial, and statistical. The introductory section, which is unaudited, includes this transmittal letter,
the City's organizational chart and a list of principal elected and appointed officials of the City. The
financial section includes the general purpose financial statements, the combining and individual fund
and account group financial statements and schedules, as well as the auditors' report on the financial
statements and schedules. The statistical section, which is unaudited, includes selected financial
and demographic information, generally presented on a multi-year basis to allow for trend analysis of
the finances of the City.
The City is required to undergo an annual single audit in conformity with the provisions of the Federal
Single Audit Act of 1986, as amended, and U.S. Office of Management and Budget Circular A-133,
Audits of States, Local Governments, and Non-Profit Organizations . Information related to this single
audit, including the supplementary schedule of expenditures of federal and state awards, findings
and recommendations, and auditors' reports on the system of internal control and compliance with
applicable laws and regulations, are reported separately.
This report includes all funds and account groups of the City. The City provides a full range of
municipal services. These services include police and fire protection; the construction and
maintenance of streets, storm drainage, and other infrastructure; municipal utilities in the areas of
electricity, water, sewer, and sanitation; and recreational and cultural activities.
The College Station Independent School District is administered by a separately elected board and
operates with its own funding sources; therefore, it is not included in this report.
4
THE CITY OF COLLEGE STATION
The City of College Station is in East Central Texas, approximately 140 miles north of the Gulf of
Mexico, conveniently located in Brazos County 90 miles northwest of Houston, 165 miles south of
Dallas, and 100 miles east of Austin. The City currently has a land area of 40.8 square miles and a
2001 estimated population of 70,075. The City has the power, by state statute, to extend its
corporate limits by annexation, which it has done periodically.
The City of College Station is governed under a home rule charter, has a Council-Manager form of
government, and is organized under the Constitution and Laws of the State of Texas. The City is a
home-rule city and was incorporated in 1938. The City Council is comprised of six members and a
Mayor. All are elected at-large. The Council appoints the City Manager, the City Attorney, the City
Secretary, and the Municipal Court Judge. Almost all other staff members work under the direction
of the City Manager.
Of major importance to the City of College Station is Texas A&M University, located on a 5,200
acre campus within the corporate limits of the City. Texas A&M University has a significant
economic impact on the City, contributing an estimated $812.6 million annually to the local
economy. Texas A&M University has consistently ranked in the top ten nationally among public
institutions of higher education in both enrollment and research grants. Research dollars totaled
approximately $407 million for 2002. The University has approximately 20,760 permanent and
part-time employees with a payroll of $458 million and has a physical plant valued in excess of
$1.5 billion. Student enrollment at Texas A&M University was 45,143 for the fall of 2002.
In addition to the University, local employment is provided by more than 85 manufacturing
industries, located in or adjacent to the City, which produce such products as aluminum windows,
furniture, chemicals, dairy products, feeds and fertilizers, modular homes, bronze castings, and
geophysical survey sensors. A research park is located within the University's campus. Major
tenants include Hewlett Packard, Schlumberger, the Offshore Technology Research Center, and
the Food Safety Inspection School National Training Center. Additionally, Lynntech is expanding
in the Research Park. Automated Management Systems provides a major automated accounting
service for independent property and casualty insurance agents. The City has also developed the
College Station Business Center, a 200-acre business park. Tenants within the park include
Universal Computer Systems (UCS), which will eventually employ approximately 1,200 people;
Cabletime; SourceNet, a graphics advertising business, which will employ 350 people; Prodigene,
a biotechnology research business; Heat Transfer Research, Inc., a software research and
distribution business; and Stata Corporation, a software development business. Businesses either
under construction or in place account for approximately 500,000 square feet of buildings and
employ approximately 1,000 people. The 1,000,000 square feet of space in Post Oak Mall anchors
retail business in the City. Major tenants of the mall shopping center are Sears-Roebuck, Dillard's,
Foley's, Bealls, and J.C. Penney. Currently, a 105,000 square foot Home Depot store is under
construction.
Brazos County and the City of College Station are a major medical center for the Brazos Valley
area. Scott and White opened its first medical clinic in College Station in 1986 and completed a
major expansion in 1994 that increased the size of that clinic by some 70,000 square feet to
125,000 square feet. College Station Medical Center operates a 100 bed full service hospital, with
a major trauma center added in 1998. Two multi-story professional buildings are included in the
medical complex.
5
The taxable property values in the City increased more than 100 percent from 1993 to 2002 from
$1.2 billion to $2.45 billion. Total taxable ad valorem valuations in 2002 increased by
approximately $177 million, or 7.8% over 2001. Additions to the local economy included residential
and commercial development. The local job market continues to be strong with Brazos County
having a net increase of approximately 356 jobs in 2002 over 2001 to approximately 79,756 total
jobs. The Bryan-College Station area has led the state and the nation with one of the lowest
unemployment levels for the past seven years. For the quarter ending December 2002, the
unemployment rate was 2.1 percent versus the Texas unemployment rate of 6.1 percent and the
national unemployment of 6.0 percent.
College Station is the site of the George Bush Presidential Library, Museum and School of
Government and Public Service. The Library and associated facilities are located on the campus of
Texas A&M University. Texas A&M provides additional programs and facilities such as research
and instructional programs related to the library and museum, a conference center,
communications center, educational museum/library center, and family-oriented facilities such as a
park surrounding the presidential library and museum.
During 2002, the presidential library and related facilities attracted more than 150,000 visitors to
the community. As a result, the room occupancy rate for local hotels and motels for 2002 was in
excess of 70 percent. The increase in tourism has spurred the construction of several new hotels.
In addition, the City is currently under contract for a public/private venture to construct a 300-room
full service hotel to be associated with a City owned 45,000 square foot conference center and a
270,000 square foot office complex. This project is planned for completion by early 2005.
MAJOR INITIATIVES
For The Year The City Council developed and approved a revised mission statement and a
strategic plan that serve as general guidelines and provide current and long-term goals for the City.
Major initiatives during the last fiscal year included infrastructure improvements in the Northgate
area, implementation of the Wolf Pen Creek corridor plan, and the recruiting of businesses into the
College Station Business Center.
The City continues to devote significant attention to its municipal infrastructure. In November 1998,
the citizens approved $24.2 million of general obligation bonds, approximately $6.4 million of which
was issued in 2002, with a total issued to date of approximately $18.6 million leaving approximately
$5.6 million of authorized bonds from the 1998 authorization. It is anticipated that an additional
$4.8 million is planned for issuance in 2003. The voters approved $8.5 million in bonds for street
improvements, $3.0 million for traffic signal and traffic management improvements, $2.5 million for
fire station improvements, $1.8 million for acquisition of land for future public uses and cemetery,
$4.9 million for parks improvements, and $3.6 million for acquisition of greenbelt/drainage land.
A major park project completed during FY 2002 was the first phase of Veterans Park, a 150-acre
regional park located between University Drive and Harvey Road east of Earl Rudder Freeway.
The project includes soccer fields; softball fields and a memorial that was built through privately
raised contributions. The major park project scheduled for FY 2003 is to begin development of the
515.5-acre Lick Creek Park.
Both the Texas Department of Transportation (TXDOT) and the City maintain the City’s roadway
system. The majority of the thoroughfares in the City are State owned and maintained. Those
include: University Drive (State Highway 60), Wellborn Road, Texas Avenue (State Highway 6),
Harvey Road (State Highway 30), George Bush Drive, Harvey Mitchell Parkway (FM 2818) and
Highway 47. During FY 2002 the City completed an extension of George Bush East from just
6
south of Harvey Road to Holleman Drive, an extension of Dartmouth from Southwest Parkway to
Krenek Tap Road, rebuilt Cherry Street in the Northgate area, and converted a portion of Second
Street into a pedestrian Promenade in Northgate. The City is also purchasing right of way for an
expansion of George Bush Drive east from its intersection with Texas Avenue to Dominik. This
project will begin construction by the middle of FY 2003. Another street project planned for FY
2003 is an extension of Longmire between Graham Road and Birmingham. Several reconstruction
projects are nearing construction: 1st and Maple Streets in Northgate, Tarrow from University to
Lincoln, and Dominik Street. A joint project for the City, Texas A&M and TxDOT will provide
sidewalks that will completely surround the Texas A&M campus.
The Drainage Utility District was established by the City Council in October 1996 to provide
resources to improve the City’s vast drainage system. Using funds generated by the drainage
utility fee and bonds authorized by the voters for the acquisition of greenways, the City is expected
to begin or complete approximately $5.1 million in improvements and land acquisitions during fiscal
year 2003. “Floodsafe," the designation given to these projects, is intended to reduce the potential
for property damage due to flooding.
The City has a multi-year series of projects to replace wastewater collection lines in the Eastgate
and Northgate areas. In addition, a project to install a major wastewater interceptor in the
northeast portion of the city to support additional development North of University Drive is planned.
The City completed a 2.0 million-gallon per day (MGD) plant for Lick Creek Wastewater Treatment
facility and removed the original one-half MGD plant. Additionally, the utility will begin work to
move lines out of the right-of-way along the planned widening of Texas Avenue south of Dominik to
Harvey Mitchell Parkway. The City plans to complete approximately $4.1 million in projects during
FY 2003 without issuing any additional debt.
The major capital initiatives for the water utility include an additional well and a phased parallel
water transmission line. The City has hired a firm to design a parallel water transmission line from
the well field to the Dowling Road storage area. The new line will add capacity and increase the
reliability of the water transmission system. The utility plans to spend approximately $9.3 million
and will use funds from existing bonds or accumulated cash. There is no plan to issue any debt for
water capital projects in FY 2003.
Electric projects include system distribution additions and underground conversion projects in
conjunction with major thoroughfare construction and reconstruction. The City’s electric utility
continues to enhance street lighting on thoroughfares within the City and to enhance the
appearance of the community by placing more lines underground or moving the lines to less visible
locations.
During 2002, the City sent out requests for proposals for purchased power. In September 2002,
the City entered into an agreement with American Electric Power Company. The contract is for five
years and sets the price of fuel during the course of the contract. The contract goes into effect as
of February 2, 2003. The City's cost is effectively fixed for the next five years, which puts the utility
in a strong position relative to other utilities in the state.
The City of College Station is pleased with its citizens' response to the waste reduction and
recycling programs. The efforts initiated by the City, combined with continued citizen participation
have made constant improvements to sanitation service. In fiscal year 2002, 3,977 tons of waste
were recycled; an 11.7% increase from the previous year. Despite a decrease of 875 gallons, the
City's oil recycling center collected 5,125 gallons of oil during 2002. In addition, citizens recycled a
total of 1,510 Christmas trees in 2002. Statistics indicate that through the recycling program
College Station residents diverted 26.7% of their waste from the landfill. The growth of College
7
Station brings with it an increase in the amount of waste produced in both residential and
commercial areas. In 2002 alone, 47,113 tons of waste was collected, a 4.2% rise over the past
fiscal year. Overall community cooperation in the recycling program and waste reduction efforts is
vital to helping the City manage this increase.
For The Future The City continues to experience and project increasing revenues for fiscal year
2003 and beyond, with projected growth in sales tax revenue, franchise fees, utility revenues, and
continued growth in taxable property values. Based on overall economic trends, the city's forecast
of revenue growth from year to year has been reduced somewhat. As one instrument to meet the
high service levels currently offered to the citizens, Departments are encouraged to continue to find
ways to improve productivity. The economic slowdown both nationally and within the state does
not seem to have affected College Station as yet.
The City Council has set aside existing cash from the General Fund unreserved fund balance for
the following purposes: $500,000 for the City’s portion of the Texas Avenue Phase II streetscape,
and $350,000 for the City’s portion of George Bush Drive medians. These funds along with the
planned use of utility revenues and unreserved cash help reduce the need for debt issues for
capital projects. The Council authorized the use of utility cash reserves for the acquisition of land
for additional business park space and the construction of additional office space to be located
near the Office of Information and Technology offices on Krenek Tap Road. The new office building
and municipal court will be open for business in July of 2003.
The Cities of College Station and Bryan jointly formed the Brazos Valley Solid Waste Management
Agency ("BVSWMA") in 1990 in order to achieve economies of scale in the joint operation,
management and planning of a regional landfill facility. BVSWMA has located and plans to acquire
a new landfill site. As a result, BVSWMA is in the process of procuring studies and design work
and applying for necessary permits for the site. It is anticipated that the new site will meet the
waste needs of the area for up to 50 years. The Agency intends to acquire and permit the site
prior to using up the available space at its current Rock Prairie Road Landfill (“RPRL”) site. The
RPRL is projected to have a capacity sufficient to last until 2006. Staff is working on plans to
expand the existing site onto neighboring property, which is already owned by the two cities and is
currently used for excavation to provide cover for the existing landfill area. The plan is to extend
the life of the existing site to ensure adequate capacity is provided until a new site is permitted.
Phase I and II of the Bike Loop project, a multi-agency project between the City and the Texas
Department of Transportation, are complete while Phase III is in the engineering design stages.
This project is a part of the City’s Bikeway Master Plan, which is intended to bring a more bike-
friendly environment to the community.
Activities are well underway in Northgate with the facade improvement program, where businesses
have received financial assistance to bring their buildings up to standards set by the Northgate
Revitalization Committee. Northgate revitalization also includes the completed pedestrian
promenade and parking lot in the Patricia Street area. A Second Street Promenade was
constructed during 2002 to add to the pedestrian friendly environment the City has as a vision for
that area. The Cherry Street reconstruction was also completed during 2002 while First and Maple
Streets are scheduled for reconstruction during 2003. The revitalization of the Southside and the
Northgate areas is a high priority for the City of College Station.
8
Economic development in College Station takes several forms. Tourism is expected to continue to
play an important role in College Station’s economy. Several new hotels opened during 2002
providing for additional hotel rooms and increased hotel/motel tax revenues. The City has
agreements and is in design for a public/private hotel/conference center. The City created a tax
increment revitalization zone to cover the area of the hotel, conference center, an office building to
be used as Adam Corporation’s home office and adjoining land anticipated to develop as a
commercial industrial district. It is hoped that the new convention center will be open by early 2005.
FINANCIAL INFORMATION
The City is responsible for establishing and maintaining a system of internal controls. The controls
are designed to ensure that the assets of the City are protected from loss, theft or misuse and to
ensure that adequate accounting data are compiled to allow for the preparation of financial
statements in conformity with generally accepted accounting principles. The system of internal
controls is designed to provide reasonable, but not absolute, assurance that these objectives are
met. The concept of reasonable assurance recognizes that:
(1) the cost of a control should not exceed the benefits likely to be derived; and
(2) the valuation of costs and benefits requires estimates and judgments by management.
Single Audit The City receives federal financial assistance and is responsible for ensuring that an
adequate system of internal control is in place to ensure compliance with applicable laws and
regulations related to those programs. This system of internal control is subject to periodic
evaluation by management.
Tests are made to determine the adequacy of the system of internal control, including that portion
related to federal financial assistance programs, as well as to determine that the City has complied
with applicable laws and regulations. The results of the City’s single audit for the fiscal year ended
September 30, 2002, provided no significant violations of applicable laws or regulations relating to
federal financial assistance programs of the City.
Budgetary Controls The City maintains a system of budgetary controls. The objective of these
budgetary controls is to ensure compliance with legal provisions embodied in the annual budget
appropriations ordinance approved by the City Council. Activities of the General Fund, Debt Service
Fund, Special Revenue Funds, Capital Projects Funds, Utility Enterprise Funds, and the Internal
Service Funds are included in the budget appropriations ordinance.
The level of budgetary control, that is the level at which expenditures cannot legally exceed
appropriations, is established at department level within the General Fund and at the fund level for all
other funds. The City's Office of Budget and Strategic Planning monitors expenditure activity on a
monthly basis against budgeted amounts and reports significant variances to the City Manager. The
City continues to meet its responsibility for sound financial management.
General Fund and Debt Service Fund Revenues and other Financing Sources The following
schedule presents a summary of General Fund and Debt Service Fund revenues and other various
financing sources for the fiscal year ended September 30, 2002. Comparisons to the previous fiscal
year have been included.
9
Revenue Source
Fiscal Year
Ended
9/30/02
Percent
of Total
Fiscal Year
Ended
9/30/01
Increase
(Decrease)
General Fund Property Tax $4,555,346 11.11 %$3,813,167 $742,179
Sales and Mixed Drink Tax 13,634,978 33.25 13,031,079 603,899
Franchise Fees 1,714,241 4.18 1,644,627 69,614
Licenses and Permits 870,636 2.12 779,159 91,477
Fines, Forfeits and Penalties 2,225,354 5.43 1,796,203 429,151
Charges for Services 2,067,813 5.04 1,892,964 174,849
Operating Transfers In 7,288,572 17.77 6,895,193 393,379
Miscellaneous Revenues 1,462,443 3.57 1,750,703 (288,260)
Other Financing Sources 30,106 0.07 24,329 5,777
Debt Service Property Tax 7,160,962 17.46 5,986,114 1,174,848
Total Revenues and Other
Financing Sources $41,010,451 100.00 %$37,613,538 $3,396,913
Almost all revenues were up in fiscal year 2002 over fiscal year 2001, increasing by more than $3.39
million or 9.0%. The most significant absolute change in revenue sources from 2001 to 2002 was
Debt Service Property Tax, which increased by approximately $1.2 million or 19.6%. The increase
was due primarily to anticipated debt service increases resulting from issuing almost $9 million in
certificates for four transportation projects: Dartmouth extension, Greens Prairie Road widening,
design for Highway 60 east widening, and Barron Road grade separation at Highway 6. Ad valorem
taxes to the General Fund increased by $742,179, a year to year change of 19.5%. The increase
was due to both increases in value and a tax rate increase to fund additional costs for health care
insurance, additional staffing for a new fire station and additional operating costs for Veterans Park.
The next largest increase in revenues occurred in Sales and Mixed Drink Taxes that increased by
$603,899 or 4.6%. Fines, Forfeits and Penalties increased by $429,151 or 23.9% due to increased
enforcement activity by police, increased fines and improved collections in Municipal Court.
Operating Transfers In increased by $393,379 or 5.7%. These transfers relate to the revenues of the
various Enterprise Funds of the City and tend to grow as those revenues grow. Charges for Services
increased on a year to year basis by $174,849 or 9.2 % due to continued strong building activity and
increased building and planning related fees. Miscellaneous revenues were down primarily due to
drops in investment income related to the overall economic slowdown and reductions in interest rates
earned by the City.
REVENUES BY SOURCE
GENERAL AND DEBT SERVICE FUNDS
FISCAL YEAR 2002
$ 41,010,451
33.25%
Sales Tax & Mixed
Drink
20.41%
Other
17.77%
Operating Transfers In 28.57%
Property Tax
10
Property taxes received during fiscal year 2002 were based on a tax levy of 47.77 cents per $100 of
assessed valuation. Under Texas statutes, assessed valuation represents 100 percent of market
value. The total assessed valuation of taxable properties was $2,450,180,223, which represents a
7.8 percent increase from fiscal year 2001. Ad valorem taxes also increased as a result of an
increase in the tax rate of $0.0484 or 11.3 %. The increase in property value resulted from the
completion of several major retail stores along with strong building activity in the single family and
multifamily residential sector. Distribution of property tax rates for the last five years is as follows:
Purpose 2002 2001 2000 1999 1998
General Fund $0.1846 $0.1662 $0.1631 $0.1618 $0.1516
Debt Service Fund 0.2931 0.2631 0.2662 0.2675 0.2777
Total Ad Valorem Tax Rate $0.4777 $0.4293 $0.4293 $0.4293 $0.4293
General Fund and Debt Service Fund Expenditures and Other Financing Uses The following
schedule presents a summary of General Fund and Debt Service Fund expenditures for the fiscal
year ended September 30, 2002. Comparisons to the previous fiscal year are included.
Function
Fiscal Year
Ended 9/30/02
Percent
of Total
Fiscal Year
Ended 9/30/01
Increase
(Decrease)
Current:
General Government $9,731,964 23.43 %$8,783,263 $948,701
Police 8,914,893 21.46 8,273,632 641,261
Fire 6,405,874 15.42 5,702,804 703,070
Public Works 5,211,720 12.55 4,583,796 627,924
Parks and Recreation 6,045,622 14.55 5,185,737 859,885
Library Services 734,083 1.77 581,768 152,315
Less: Reimbursed
Administrative Costs (5,823,852)(14.02)(5,287,928)(535,924)
Other 305,049 0.73 606,757 (301,708)
Debt Service:
Principal 5,950,000 14.32 4,475,000 1,475,000
Interest and Fiscal
Charges 3,425,390 8.25 3,213,770 211,620
Debt Issuance Costs 0 0.00 38 (38)
Other 8,752 0.02 11,426 (2,674)
Capital Outlay 150,000 0.36 376,328 (226,328)
Operating Transfers Out 480,807 1.16 767,000 (286,193)
Total Expenditures and
Other Financing Uses $41,540,302 100.00 %$37,273,391 $ 4,266,911
Year to year expenditure changes for the General and Debt Services Funds can be attributed to a
number of general factors and a few specific decisions. The general factors include salary and
benefit changes and increases related to policies that set aside funds for future replacements. These
changes affect all departments. The City's decision to substantially increase its funding for health
insurance and to continue pay adjustments for employees accounted for more than $400,000 in
increased costs to the General Fund. The Council gave the direction to focus on staff salaries to
bring salaries in line with similar employees in similar cities. The salary increases are the single most
significant change affecting expenditures over the past several years.
New positions in Police (1), Fire (4), Development Services (4), and Parks (4) contributed to the year
to year changes in expenditures. Additional authorization for street and drainage maintenance also
11
contributed to the total increase. Debt Service increases resulted from issuing additional debt based
on voter approved bonds and other debt issued for capital projects.
The net change in Reimbursed Administrative Costs was associated with services provided to other
operations of the City and relates to normal increases in costs. General and Administrative costs are
reviewed annually, and costs are distributed to each of the operating funds based on that review.
The item listed as "Other" is related to the non-departmental expenditures of the City and is used for
funding of non-City activities and certain one-time projects not related to a particular department. The
decrease in expenditures from fiscal year 2001 to fiscal year 2002 is due to fewer funds being
allocated for one-time projects that are funded from the General Fund one-time funds.
General Fund Balance The unreserved and undesignated fund balance of the General Fund
increased by $349,985 in 2002, a 4.0% increase from fiscal year 2001. The City Council policy on
reserve levels requires that the undesignated fund balance be at least equal to 15 percent of
expenditures. The undesignated fund balance of $9,122,197 is approximately 28.8 % of fiscal year
2002 expenditures and exceeds the minimum requirement set by the Council policy.
Utility Enterprise Funds The City of College Station operates electric, water, sewer and solid waste
services for the benefit of its citizens. The City purchases 100 percent of its electric power
requirement from Texas Utilities. The City is served through two 138 kVA transmission lines tied to a
ring bus at the City switching station, four substations, and 290 miles of distribution lines. The electric
utility ended the fiscal year with working capital of $14,265,880 a decrease of $517,983 or 3.5 % from
fiscal year 2001. Much of the decrease was due in large part to the City’s decision to use current
resources to provide for capital requirements for the electric system and certain other capital
acquisitions. This strategy will help to maintain a low debt to equity ratio, maintain relatively low
annual debt service payments, and to be more flexible as it faces the challenges of deregulation
within the electric utility industry. The City’s policy with regard to its enterprise funds is to maintain at
least 15 percent of annual operating expenses in working capital. At September 30, 2002, Electric
Fund working capital equalled approximately 35.6%.
EXPENDITURES BY FUNCTION
GENERAL AND DEBT SERVICE FUNDS
FISCAL YEAR 2002
$ 41,540,302
22.59%
Debt Service 14.55%
Parks and Recreation
12.55%
Public Service
9.41%
General Government
4.02%
Other
36.88%
Public Safety
12
Since 1981, the City has had the capability to produce and deliver 100 percent of its water needs
through its own water well and transmission system. The water production and transmission system
includes five wells with a combined capacity of 19 million gallons per day (MGD), and a delivery
system of 14 miles of 30-inch diameter pipeline with two pumping s tations. A sixth well will add an
additional 5 MGD to capacity. Working capital in the Water Fund at the end of fiscal year 2002 was
$11,117,811, an increase of approximately 16.1% from fiscal year 2001. Water Fund working capital
was 190.7% of total operating expense and exceeds the minimum requirement under the Council's
adopted policy. In fiscal year 2002, the City issued approximately $7.4 million in bonds for capital
projects. There are no additional bonds anticipated for 2003.
The Carter Creek Treatment Plant has a rated treatment capacity of 9.5 million gallons per day
(MGD). The Lick Creek Treatment Plant, the newer of the two plants, came on-line during 2002 and
has a 2.0 MGD treatment capacity. The two plants have a combined treatment capacity of 11.5
MGD as compared to average current daily demand of 6 MGD. The Sewer Fund ended the fiscal
year with a working capital balance of $3,757,038, which was 23.9% above fiscal year 2001.
Wastewater Fund working capital was 71.3 percent of total operating expenses and is well above the
minimum requirement for the fund.
Sanitation services are provided to the citizens through a combination of residential curbside
pick-ups and commercial container services. For fiscal year 2002, the Sanitation Fund ended the
fiscal year with a working capital balance of $1,305,126, a decrease of 21.6% from fiscal year 2001.
This decrease resulted from a combination of increased spending due to an additional commercial
route, a one-time purchase of equipment, and lower than expected revenues.
Summary financial information of the combined utility enterprise operations for the fiscal year ended
September 30, 2002 with comparison to the previous fiscal year, is as follows:
Fiscal Year
Ended 9/30/02
Fiscal Year
Ended 9/30/01
Operating Revenues:
Charges for Services:
Electric $44,238,340 $42,290,635
Water 8,144,195 8,072,508
Sewer 7,880,400 7,045,955
Sanitation 4,280,436 4,035,385
Other 1,904,236 1,775,758
Operating Expenses:
Electric Operations 37,679,409 37,299,928
Salaries and Benefits 4,249,839 3,734,612
Supplies, Maintenance and Services 6,038,164 5,674,097
Reimbursed Administrative 2,587,846 2,604,178
Depreciation 4,915,869 3,676,882
Other 98,073 310,465
Non-operating Revenues (Expenses):
Investment Income 1,896,883 2,886,561
Interest Expense (3,989,558)(2,402,956)
Other, Net 3,998,099 1,374,888
Operating Transfers Out (6,534,900)(14,057,673)
Net Income (Loss)$6,248,931 $(2,279,101)
Electric, Water, Wastewater and Sanitation Enterprise Fund revenues increased in fiscal year 2002
from the previous fiscal year. Commercial sanitation rates were increased, as were wastewater rates
13
for most classes of customers. Other revenue increases were due to additional customers and
related increased usage. Electric revenues were up due to increased costs of purchased power,
which is passed directly to customers. The reduction in water revenues was due to milder
temperatures and more rain than in the previous couple of years. The increase in Other Non-
operating Revenues is primarily due to the application of GASB 33 which requires that developer
contributions be recorded as revenues.
Expenses were up approximately 4.3% in fiscal year 2002 over fiscal year 2001. The largest
increase occurred in depreciation expense as a result of large capital projects that were completed
during fiscal year 2002 and recognition of the depreciation of those new assets. Operating transfers
for the enterprise funds were down by approximately $7.5 million due to some one-time transfers
made during fiscal year 2001. The change in net income is approximately $5.3 million going from a
net loss to net income.
Northgate Parking Fund The Northgate Parking Fund was created to account for the activities of a
parking garage completed in August 2001, a parking lot completed in 1997, on-street parking meters,
and parking enforcement activities in Northgate. Revenues for the fund were $452,061 with total
operating expense of $598,220. The largest single item in expense is depreciation, which did not
use current assets. Working capital for the fund ended at approximately $833,322, which is 139.3%
of operating expense. This is the first year of operations for the garage and the system as a whole.
It is anticipated that the operating revenues will increase with increased acceptance of a user paid
parking system in the area, which will result in greater utilization of the facilities.
Communication Services Fund The Communication Services Fund was established to provide a
means of charging the various departments for the support received to provide radio, telephone, and
pager services through the various means available to the City. Charges are based on the number
and types of services a department requires. The fund ended fiscal year 2002 with a net loss of
$112,416. More than 90% of the loss was due to depreciation which does not require cash. Working
capital at fiscal year end was a negative $68,783. The deficit will be made up in future years as
rates are adjusted to provide the necessary cash to bring the fund into balance. Typically internal
service funds do not require large working capital balances since funding is a part of the ongoing
expenses of the various operating funds.
Employee Benefits Fund The City of College Station has a partially self-insured employee benefits
plan providing medical and dental insurance to employees and their families. The City purchased a
fully insured health insurance plan for its employees and their dependents during fiscal year 2002.
The plan is funded through monthly premiums charged per employee to the various operating
departments. Employees who choose to include family members are charged an additional fee to
pay most of the additional cost to the City. During fiscal year 2002, the plan had a net income of
$621,375. Working capital is approximately $759,285 or 24.4% of operating expense for fiscal year
2002. The City has changed its insurer again for 2003; however, it has remained in a fully insured
plan.
Equipment Replacement Fund The Fleet Replacement Fund was established October 1, 1991. In
fiscal year 1994, the name of the fund was changed to the Equipment Replacement Fund. The
revenues of the fund are derived from charges to the departments for the various pieces of
equipment used, the telephone system, and the 800 MHz radio system. The fund is used to
purchase and replace many types of equipment where charges have been identified for the various
departments. Net income of the fund was $969,888 for fiscal year 2002 versus $1,016,973 for fiscal
year 2001. Staff reviews the individual charges and funding requirements to determine where and
what changes may need to be made to keep the fund capable of replacing equipment when needed.
14
Fleet Maintenance Fund The Fleet Maintenance Fund was established October 1, 1996. The fund
is designed to account for the expenses related to maintenance of the various pieces of mobile
equipment owned by the City. The revenues of the fund are derived from charges to the
departments based on the costs for maintaining various types of equipment due to usage. Expenses
are derived primarily from personnel costs and the cost of purchasing supplies for repairs or
maintenance to the various pieces of equipment. The fund showed an additional net loss of $29,533
for fiscal year 2002. Working capital in the Fleet Maintenance fund was $2,133, which is sufficient for
this type of fund.
Print/Mail Fund The Print/Mail Fund was established October 1, 1998. The revenues of the fund are
derived from charges to the departments for the various printing services and a prorated portion of
mail handling and delivery services. The fund showed a net loss of $4,363 in fiscal year 2002 as
compared to a net income of $14,313 in fiscal year 2001. Working capital for the fund at year-end
was $39,074, which is sufficient for this fund.
Property and Casualty Fund The Property and Casualty Fund is funded through property/casualty
insurance premiums charged to the various departments and divisions for a self-insured program of
the City. Premiums are adjusted annually to meet the expenses of the fund and are based on review
of the impact the various City departments have on claims and insurance costs. The fund had a net
decrease in retained earnings of $70,009 in fiscal year 2002 as compared to a net increase of
$133,443 in fiscal year 2001. Working capital in the fund is $512,289. The recent changes in the
program indicate that the working capital balance should be increased to approximately $900,000 for
this fund.
Unemployment Fund The City's Unemployment Fund is a fully self-insured fund used to account for
expenses related to claims from persons who become unemployed. No contributions have been
made to this fund for the last four fiscal years. The fund showed a net loss of $4,527 for fiscal year
2002 versus a net loss of $26,510 for fiscal year 2001. The retained earnings of this fund, $112,631,
have been intentionally reduced to a level that more nearly reflects the actuarial needs of the fund.
Utility Billing Fund Utility Billing is responsible for meter reading, billing, and collections for more than
33,000 electric accounts and also bills for water, sewer, sanitation, and drainage utility fees. In the
1989 fiscal year budget, the Utility Billing Fund was authorized as an Internal Service Fund and is
financed with user charges from the various utilities operating funds. In fiscal year 2002, the fund
experienced a net increase in retained earnings of $48,678 following a net decrease in retained
earnings of $21,307 in fiscal year 2001. Remaining working capital, $168,569, is sufficient to meet
the needs of the fund.
Workers' Compensation Fund The City of College Station has a self-insured workers' compensation
fund that is used to account for the costs of employee claims for injuries/illnesses resulting at or from
the workplace. The revenues of the fund are derived from premium charges to the various
departments based on actuarial analysis of risks. The fund had a net decrease of $1,099 in retained
earnings for fiscal year 2002 as compared to a net decrease of $215,828 in fiscal year 2001.
Working capital in the fund has been reduced due to transfers to the Employee Benefits Fund. It is
anticipated that the working capital balance will need to be increased in the future to approximately
$800,000.
15
Debt Administration As of September 30, 2002, the City had a total of $74,945,000 in General
Obligation Bonds, Certificates of Obligation and other debt relating to Governmental Fund and
Special Revenue Fund types. That debt equals approximately $1,034 per capita. Debt service
comes from revenues generated by the local property tax, hotel/motel tax, a tax increment district in
the City and inter-fund transfers when appropriate. Under current state statutes, the City's ability to
increase the levy for property taxation is subject to a maximum rate of $2.50 per $100 valuation
versus the current total ad valorem rate of $0.4777. The Utility Funds have $78,235,000 in revenue
bonds that are to be repaid from the revenues of the electric, water and sewer utilities.
Cash Management All investment activity of the City is handled in accordance with Resolution 4-11-
2002-11.04 adopted in April 2002, approving and authorizing the implementation of the City of
College Station Investment Policy. The investment policy is established as required by state law and
conforms to state investment statutes. It ensures the safety of all funds entrusted to the City,
ensures the availability of those funds for the payment of all necessary obligations of the City, and
provides for the investment of funds in securities that earn returns for the City. The policy includes
the three guiding principles for investment of funds by the City: safety, liquidity and yield. Safety,
that is the certainty that the City will get its investment back, is the most important of those principles.
The City separates the investment activities from traditional banking services. Regular banking
services are handled under a three-year depository agreement effective October 1, 2000, with First
American Bank. The City pays fees based on the activity level for the various services provided by
its depository bank. The City currently invests funds in a range of investments allowable under state
law. The City establishes accounts with major brokerages for the purchase and sale of U.S.
Government and Agency obligations. All purchases and sales of securities are on a
delivery-versus -payment basis through a safekeeping account at the City's third-party bank. As of
September 30, 2002, the City's investment portfolio consisted of the following:
Bank Demand Accounts $ 1,503,297
Money Market Account 9,090,204
Flex Repurchase Agreement 22,310,636
State Investment Pool 35,494,843
U.S. Treasury Securities 1,819,018
U.S. Government Agencies and
Instrumentality Securities 56,006,455
Total $126,224,453
The City earned $5,439,992 on an average investment balance of approximately $130 million, a rate
of return of 4.17 percent, for the year ended September 30, 2002. Compared to prior years' earnings
of $6,481,436 and a market benchmark of 4.05 percent, the City's investment yield was:
16
Investment results on the portfolio are compared to U.S. Treasury note with a maturity that most
closely matches the portfolio’s dollar-weighted average maturity. Every Thursday a T-Bill matures
and proceeds are reinvested alternately in three-month and six-month T-Bills. This rolling index
provides a benchmark for evaluating risk-free cash management portfolios with short-term liquidity
needs for payroll and accounts payable.
Risk Management The City's property/casualty and workers' compensation insurance programs are
administered by the Risk Management Division in the Fiscal Services Department. The City's
workers' compensation claims are reviewed and paid, when appropriate, by Hammerman and Gainer
as the City's third party administrator. Claims are paid from a self-insurance reserve fund carried to
provide for claims of $250,000 or less with third party carriers providing excess insurance for claims
in excess of that amount up to $5,000,000/$15,000,000. Safety programs are coordinated on an
ongoing basis by the Risk Manager.
OTHER INFORMATION
Independent Audit State statutes require an annual audit by independent certified public
accountants. The accounting firm of Ingram, Wallis & Company, P. C. has been retained by the City
Council for this function. In addition to meeting the requirements set forth in state statutes, the audit
also was designed to meet the requirements of the Federal Single Audit Act, as amended, of 1996
and related OMB Circular A-133. The independent auditors' report on the general purpose financial
statements and combining, individual fund and account group statements and schedules is included
in the financial section of this report. The auditors' reports related specifically to the single audit are
issued separately.
The Government Finance Officers Association of the United States and Canada ("GFOA") awarded a
Certificate of Achievement for Excellence in Financial Reporting to the City of College Station for its
Comprehensive Annual Financial Report ("CAFR") for the fiscal year ended September 30, 2001.
The Certificate of Achievement is a prestigious national award that recognizes conformance with the
highest standards for preparation of state and local government financial reports.
0%
2%
4%
6%
8%
10%
'98 '99 '00 '01 '02
RATES OF RETURN
City ROR Benchmark ROR
17
In order to be awarded a Certificate of Achievement, a government unit must publish an easily
readable and efficiently organized comprehensive annual financial report, whose contents conform to
program standards. Such CAFR must satisfy both generally accepted accounting principles and
applicable legal requirements.
A Certificate of Achievement is valid for a period of one year only. The City of College Station has
received a Certificate of Achievement twenty-one out of the last twenty-two years. We believe our
current report continues to conform to the Certificate of Achievement program requirements, and we
are submitting it to the GFOA.
Acknowledgments The preparation of this report on a timely basis could not have been
accomplished without the efficient and dedicated services of the entire staff of the Fiscal Services
Department. We would like to express our appreciation to all members of the department who
assisted and contributed to its preparation. We would also like to thank the Mayor and City Council
for their interest and support in planning and conducting the financial operations of the City in a
responsible and progressive manner. Finally, we would like to thank our auditors, Ingram, Wallis &
Company, P. C., whose professional expertise and advice have resulted in continuing improvements
in the quality of the City's financial reporting.
Respectfully submitted,
Thomas E. Brymer Charles Cryan
City Manager Director of Fiscal Services
20
CITY OF COLLEGE STATION, TEXAS
PRINCIPAL CITY OFFICIALS
September 30, 2002
Elected Officials:
Mayor....................................................................................................................................Ron Silvia
Council Member, Place 1 .................................................................................................James Massey
Council Member, Place 2 .......................................................................................................John Happ
Council Member, Place 3 ..................................................................................................Winnie Garner
Council Member, Place 4 .....................................................................................................Scott Mears
Council Member, Place 5 ...............................................................................................Dennis Maloney
Council Member, Place 6 .....................................................................................................Anne Hazen
City Administration:
City Manager ................................................................................................................Thomas Brymer
Director of Public Utilities ......................................................................................................John Woody
Director of the Office of Technology and Information Services ..............................................Olivia Burnside
Director of Fiscal Services .................................................................................................Charles Cryan
Director of Economic Development Services .............................................................................Kim Foutz
Director of Development Services ........................................................................................Kelly Templin
Fire Chief .......................................................................................................................David Giordano
Director of Parks and Recreation .....................................................................................Stephen Beachy
Director of Human Resources ...........................................................................................Julie O’Connell
Police Chief ....................................................................................................................Edgar Feldman
Director of Public Works ........................................................................................................Mark Smith
City Attorney .............................................................................................................Marshall Cargill, Jr.
City Secretary ..................................................................................................................Connie Hooks
Director of Budget and Strategic Planning .........................................................................Jeffrey Kersten
Public Relations and Marketing Manager.................................................................................Kelley Cole
21
FINANCIAL SECTION
CITY OF COLLEGE STATION, TEXAS
COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUPS
SEPTEMBER 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Governmental Fund Types
General Special Revenue Debt Service Capital Projects
Assets and Other Debits
Assets
Equity in Cash and Cash Equivalents 5,772,290$ 8,504,056$ 1,287,038$ 20,761,465$
Equity in Investment 4,876,881 7,186,084 1,087,571 17,543,820
Receivables
Accrued Interest 61,348 79,649 13,874 207,320
Grants 47,201 184,321 0 37,743
Letter of Credit 25,000 0 0 0
Accounts 440,124 6,669 0 369,458
Escrow 0 0 0 0
Special Assessments 21,796 0 0 0
Taxes 1,313,154 0 204,055 0
Notes and Loans 0 85,393 0 0
Other 5,755 0 0 0
Less Allowance for Uncollectable Accounts (25,721)(860)0 (10,340)
Due from Other Funds 0 0 0 0
Inventories 66,308 0 0 0
Prepaid Costs 0 0 0 0
Restricted Assets
Equity in Cash and Cash Equivalents 240,748 0 0 0
Equity in Investments 203,436 0 0 0
Receivables
Accrued Interest 0 0 0 0
Accounts 0 0 0 0
Advances to Other Funds 0 0 0 0
Equity in Joint Venture 0 0 0 0
Deferred Charges, Net 0 0 0 0
Property and Equipment, Net 0 0 0 0
Other Debits
Amount Available for Retirement of Bonded Indebtedness 0 0 0 0
Amount to be Provided for Accrued Vacation Leave 0 0 0 0
Retirement of Bonded Indebtedness 0 0 0 0
Total Assets 13,048,320$ 16,045,312$ 2,592,538$ 38,909,466$
The notes to the general purpose financial statements are an integral part of this statement.
26
Fiduciary Totals
Proprietary Fund Types Fund Types Account Groups (Memorandum Only)
Enterprise Internal Service Trust
General Fixed
Assets
General Long-
Term Debt 2002 2001
14,904,342$ 4,715,260$ 398,446$ 0$ 0$ 56,342,897$ 43,430,100$
12,622,330 3,984,481 336,694 0 0 47,637,861 45,780,767
142,620 43,153 3,771 0 0 551,735 997,969
0 0 0 0 0 269,265 394,905
0 0 0 0 0 25,000 25,000
9,457,850 161,626 3,191 0 0 10,438,918 9,362,384
200,469 0 0 0 0 200,469 197,989
0 0 0 0 0 21,796 21,796
0 0 0 0 0 1,517,209 1,667,948
12,522 0 0 0 0 97,915 107,047
1,117,669 11,240 0 0 0 1,134,664 1,163,988
(1,616,044)(15,513)(679)0 0 (1,669,157)(1,593,544)
0 69,504 0 0 0 69,504 97,680
1,299,184 108,516 3,226 0 0 1,477,234 2,061,874
0 68,211 0 0 0 68,211 41,346
11,815,335 0 0 0 0 12,056,083 11,622,593
9,984,176 0 0 0 0 10,187,612 12,886,353
129,752 0 0 0 0 129,752 232,002
422 0 0 0 0 422 0
200,000 0 0 0 0 200,000 200,000
6,289,525 0 0 0 0 6,289,525 5,447,202
762,602 0 0 0 0 762,602 705,759
160,790,112 9,511,334 0 140,353,195 0 310,654,641 273,486,912
0 0 0 0 2,355,213 2,355,213 3,563,589
0 0 0 0 1,433,495 1,433,495 1,288,346
0 0 0 0 72,589,788 72,589,788 56,406,411
228,112,866$ 18,657,812$ 744,649$ 140,353,195$ 76,378,496$ 534,842,654$ 469,596,416$
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
27
CITY OF COLLEGE STATION, TEXAS
COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUPS
SEPTEMBER 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)
Governmental Fund Types
General Special Revenue Debt Service Capital Projects
Liabilities, Equity and Other Credits
Liabilities
Accounts Payable 786,260$ 97,429$ 0$ 816,416$
Due to Other Funds 0 0 0 0
Accrued Interest Payable 0 0 0 0
Retainage Payable 157 25,342 0 361,977
Advance from Other Funds 0 200,000 0 0
Refundable Deposits 5,763 19,044 0 0
Claims Payable 0 0 0 0
Accrued Liabilities 1,218,055 (2,447)33,270 244
Customer Construction Advances 29,963 0 0 25,000
Other Deferred Revenues 896,897 89,338 204,055 0
Liabilities Payable from Restricted Assets
Accounts Payable 0 0 0 0
Accrued Interest Payable 0 0 0 0
Retainage Payable 0 0 0 0
Accrued Liabilities 0 0 0 0
Refundable Deposits 0 0 0 0
Revenue Bonds 0 0 0 0
Long-Term Debt
Revenue Bonds 0 0 0 0
Unamortized Premium on Bonds 0 0 0 0
General Obligation Bonds 0 0 0 0
Certificates of Obligation 0 0 0 0
Accrued Vacation 0 0 0 0
Total Liabilities 2,937,095 428,706 237,325 1,203,637
Equities and Other Credits
Contributed Capital 0 0 0 0
Investment in General Fixed Assets 0 0 0 0
Retained Earnings
Reserved 0 0 0 0
Unreserved 0 0 0 0
Fund Balances
Reserved 989,028 3,156,451 2,355,213 4,430,607
Unreserved
Designated for Subsequent Years Expenditures 0 0 0 0
Undesignated 9,122,197 12,460,155 0 33,275,222
Total Equity and Other Credits 10,111,225 15,616,606 2,355,213 37,705,829
Total Liabilities, Equity and Other Credits 13,048,320$ 16,045,312$ 2,592,538$ 38,909,466$
The notes to the general purpose financial statements are an integral part of this statement.
28
Fiduciary Totals
Proprietary Fund Types Fund Types Account Groups (Memorandum Only)
Enterprise Internal Service Trust
General Fixed
Assets
General Long-
Term Debt 2002 2001
5,857,070$ 630,949$ 1,582$ 0$ 0$ 8,189,706$ 7,265,608$
0 69,504 0 0 0 69,504 97,680
3,942 0 0 0 0 3,942 3,940
16,817 0 0 0 0 404,293 407,066
0 0 0 0 0 200,000 200,000
0 0 0 0 0 24,807 25,350
0 151,495 0 0 0 151,495 412,677
587,726 69,680 0 0 0 1,906,528 1,752,612
92,152 0 0 0 0 147,115 236,754
822 0 0 0 0 1,191,112 1,258,747
5,140,809 0 0 0 0 5,140,809 5,655,401
814,201 0 0 0 0 814,201 446,457
857,256 0 0 0 0 857,256 485,247
9,238 0 0 0 0 9,238 32,738
1,036,699 0 0 0 0 1,036,699 1,214,475
3,815,000 0 0 0 0 3,815,000 3,165,000
74,420,000 0 0 0 0 74,420,000 60,020,000
(110,471)0 0 0 0 (110,471)(131,666)
0 0 0 0 41,665,000 41,665,000 39,375,000
0 0 0 0 33,280,000 33,280,000 20,595,000
257,454 84,300 0 0 1,433,496 1,775,250 1,601,528
92,798,715 1,005,928 1,582 0 76,378,496 174,991,484 144,119,614
38,716,016 4,164,452 0 0 0 42,880,468 42,011,668
0 0 0 140,353,195 0 140,353,195 123,674,551
22,281,569 0 0 0 0 22,281,569 20,600,566
74,316,566 13,487,432 0 0 0 87,803,998 82,169,024
0 0 743,067 0 0 11,674,366 10,056,109
0 0 0 0 0 0 12,749,505
0 0 0 0 0 54,857,574 34,215,379
135,314,151 17,651,884 743,067 140,353,195 0 359,851,170 325,476,802
228,112,866$ 18,657,812$ 744,649$ 140,353,195$ 76,378,496$ 534,842,654$ 469,596,416$
The notes to the general purpose financial statements are an integral part of this statement.
29
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)Totals
(Memorandum Only)
General
Special
Revenue Debt Service
Capital
Projects 2002 2001
Revenues
Taxes 19,904,565$ 2,434,117$ 7,160,962$ 0$ 29,499,644$ 27,254,701$
Licenses and Permits 870,636 0 0 0 870,636 779,159
Intergovernmental 423,126 2,139,541 0 9,761 2,572,428 3,221,851
Charges for Services 2,067,813 25,341 0 67,525 2,160,679 1,953,899
Fines, Forfeits and Penalties 2,225,354 0 0 0 2,225,354 1,798,870
Special Assessments 0 0 0 982,760 982,760 944,636
Investment Income 438,885 579,448 260,119 1,312,057 2,590,509 3,451,470
Rents and Royalties 113,724 114,668 0 0 228,392 213,832
Loan Repayments 0 9,626 0 0 9,626 9,979
Contributions 21,475 0 0 329,769 351,244 432,814
Reimbursed Expenditures 32,803 0 0 0 32,803 531,307
Other 171,298 264,524 1,013 524 437,359 549,639
Total Revenues 26,269,679 5,567,265 7,422,094 2,702,396 41,961,434 41,142,157
Expenditures
Current
General Government 3,279,715 202,860 0 318,675 3,801,250 2,909,436
Fiscal Services 2,153,217 5,031 0 0 2,158,248 1,889,611
Police 8,914,893 0 0 0 8,914,893 8,273,632
Fire 6,405,874 0 0 0 6,405,874 5,702,804
Development Services 1,883,224 0 0 0 1,883,224 1,887,378
Public Works 5,211,720 0 0 0 5,211,720 4,583,796
Economic and
Community Development 122,074 0 0 0 122,074 41,623
Parks and Recreation 6,045,622 0 0 0 6,045,622 5,196,309
Office of Technology and
Information Services 2,293,734 0 0 0 2,293,734 2,229,600
Library 734,083 0 0 0 734,083 581,768
Community Development
Block Grant 0 538,901 0 0 538,901 0
Home Grant 0 626,848 0 0 626,848 0
Housing Rehabilitation 0 0 0 0 0 64,708
Optional Relocation 0 0 0 0 0 382,066
Clearance and Demolition 0 0 0 0 0 7,500
Acquisitions 0 0 0 0 0 53,188
Interim Assistance 0 0 0 0 0 1,941
Homebuyer's Assistance 0 0 0 0 0 83,561
Commercial Rehabilitation 0 0 0 0 0 8,217
Community Development
Housing Organization 0 0 0 0 0 32,122
External Public Facilities 0 0 0 0 0 130,000
Reimbursed Administrative (5,823,852)1,264,296 0 1,000,000 (3,559,556)(3,538,877)
Contributions 208,485 1,140,400 0 0 1,348,885 1,541,173
Other 96,564 31,739 0 55,147 183,450 577,606
Capital Outlay 150,000 1,341,625 0 11,700,964 13,192,589 9,885,474
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
30
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)Totals
(Memorandum Only)
General
Special
Revenue Debt Service
Capital
Projects 2002 2001
Debt Service
Principal Retirement 0 0 5,950,000 0 5,950,000 4,475,000
Interest Payments 0 0 3,425,390 0 3,425,390 3,213,770
Issuance Costs 0 12,000 0 103,500 115,500 77,244
Fiscal Charges 0 0 8,752 0 8,752 8,926
Total Expenditures 31,675,353 5,163,700 9,384,142 13,178,286 59,401,481 50,299,576
Excess (Deficiency) of Revenues Over
(Under) Expenditures (5,405,674)403,565 (1,962,048)(10,475,890)(17,440,047)(9,157,419)
Other Financing Sources (Uses)
Proceeds from Long-Term Debt 0 2,316,800 0 17,739,400 20,056,200 7,292,870
Sale of General Fixed Assets 30,106 0 0 0 30,106 580,909
Operating Transfers In 6,534,900 120,000 753,672 1,355,678 8,764,250 14,945,966
Operating Transfer Out (480,807)(1,437,259)0 (89,000)(2,007,066)(1,550,693)
Total Other Financing Sources (Uses)6,084,199 999,541 753,672 19,006,078 26,843,490 21,269,052
Excess (Deficiency) of Revenues and
Other Financing Sources Over (Under)
Expenditures and Other Financing Uses 678,525 1,403,106 (1,208,376)8,530,188 9,403,443 12,111,633
Fund Balances, October 1 9,432,700 14,213,500 3,563,589 29,175,641 56,385,430 44,273,797
Fund Balances, September 30 10,111,225$ 15,616,606$ 2,355,213$ 37,705,829$ 65,788,873$ 56,385,430$
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
31
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERAL, SPECIAL REVENUE, DEBT SERVICE, AND CAPITAL PROJECTS FUNDS
For the Fiscal Year Ended September 30, 2002
(Continued)
General Fund Special Revenue Funds
Budget Actual
Variance Over
(Under)Budget Actual
Variance Over
(Under)
Revenues
Taxes 19,670,172$ 19,918,422$ 248,250$ 2,502,419$ 2,434,117$ (68,302)$
Licenses and Permits 725,500 870,636 145,136 0 0 0
Intergovernmental 330,317 423,126 92,809 4,621,509 2,139,541 (2,481,968)
Charges for Services 1,987,600 2,067,813 80,213 13,000 25,341 12,341
Fines, Forfeits and Penalties 1,690,000 2,330,648 640,648 0 0 0
Special Assessments 1,000 0 (1,000)0 0 0
Investment Income 540,400 519,327 (21,073)541,200 717,311 176,111
Rents and Royalties 74,000 113,724 39,724 116,000 114,668 (1,332)
Loan Repayments 0 0 0 0 9,626 9,626
Contributions 27,000 21,475 (5,525)0 0 0
Reimbursed Expenditures 6,000 32,803 26,803 0 0 0
Other 131,000 166,268 35,268 91,000 263,850 172,850
Total Revenues 25,182,989 26,464,242 1,281,253 7,885,128 5,704,454 (2,180,674)
Expenditures
Current
General Government 3,387,370 3,258,999 (128,371)6,200 7,746 1,546
Fiscal Services 2,101,216 2,094,637 (6,579)0 5,031 5,031
Police 8,863,571 8,774,619 (88,952)0 0 0
Fire 6,535,090 6,294,174 (240,916)0 0 0
Development Services 1,965,544 1,869,605 (95,939)267,600 201,672 (65,928)
Public Works 5,379,475 5,341,650 (37,825)0 0 0
Economic and Community
Development 0 31,857 31,857 0 0 0
Parks and Recreation 6,127,775 5,714,596 (413,179)1,400 518 (882)
Office of Technology and
Information Services 2,245,869 2,233,199 (12,670)0 0 0
Library 716,394 670,817 (45,577)0 0 0
Nondepartmental
Community Development
Block Grant 0 0 0 2,339,397 538,901 (1,800,496)
Home Grant 0 0 0 1,623,439 626,848 (996,591)
Reimbursed Admin.(5,805,123)(5,816,877)(11,754)1,333,929 1,264,296 (69,633)
Contributions 207,998 331,851 123,853 1,140,400 1,140,400 0
Other 1,221,275 134,978 (1,086,297)318,127 17,125 (301,002)
Capital Outlay 1,296,985 664,288 (632,697)7,292,689 1,339,064 (5,953,625)
Debt Service
Principal Retirement 0 0 0 270,000 0 (270,000)
Interest Payments 0 0 0 0 0 0
Issuance Costs 0 0 0 0 12,000 12,000
Fiscal Charges 0 0 0 0 0 0
Total Expenditures 34,243,439 31,598,393 (2,645,046)14,593,181 5,153,601 (9,439,580)
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
32
Debt Service Capital Projects Funds
Budget Actual
Variance Over
(Under)Budget Actual
Variance Over
(Under)
7,265,601$ 7,160,962$ (104,639)$ 0$ 0$ 0
0 0 0 0 0 0
0 0 0 272,000 (4,311)(276,311)
0 0 0 50,000 67,525 17,525
0 0 0 0 0 0
0 0 0 987,300 981,673 (5,627)
350,000 186,750 (163,250)620,000 1,618,864 998,864
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 328,389 328,389
0 0 0 0 0 0
0 111,482 111,482 0 524 524
7,615,601 7,459,194 (156,407)1,929,300 2,992,664 1,063,364
0 0 0 0 356,419 356,419
0 0 0 50,000 1,517 (48,483)
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 8,360 8,360
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 1,000,000 1,000,000 0
0 0 0 0 0 0
0 0 0 330,000 23,950 (306,050)
0 0 0 16,525,932 11,566,807 (4,959,125)
5,880,000 5,950,000 70,000 0 0 0
3,168,263 3,425,391 257,128 0 0 0
9,000 0 (9,000)93,500 103,500 10,000
6,000 8,753 2,753 0 0 0
9,063,263 9,384,144 320,881 17,999,432 13,060,553 (4,938,879)
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
33
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERAL, SPECIAL REVENUE, DEBT SERVICE, AND CAPITAL PROJECTS FUNDS
For the Fiscal Year Ended September 30, 2002
(Continued)
General Fund Special Revenue Funds
Budget Actual
Variance Over
(Under)Budget Actual
Variance Over
(Under)
Excess (Deficiency) of Revenues
Over (Under) Expenditures (9,060,450)(5,134,151)3,926,299 (6,708,053)550,853 7,258,906
Other Financing Sources (Uses)
Proceeds from Long-Term
Debt 0 0 0 2,300,000 2,316,800 16,800
Sale of General Fixed
Assets 41,000 30,106 (10,894)0 0 0
Operating Transfers In 6,485,000 6,536,693 51,693 120,000 120,000 0
Operating Transfer Out (478,091)(480,190)(2,099)(868,052)(1,437,259)(569,207)
Total Other Financing Sources
(Uses)6,047,909 6,086,609 38,700 1,551,948 999,541 (552,407)
Excess (Deficiency) of Revenues
and Other Financing Sources
Over (Under) Expenditures and
Other Financing Uses (3,012,541)952,458 3,964,999 (5,156,105)1,550,394 6,706,499
Fund Balances, October 1 9,395,239 9,395,239 0 14,051,801 14,051,801 0
Fund Balances, September 30 6,382,698$ 10,347,697$ 3,964,999$ 8,895,696$ 15,602,195$ 6,706,499$
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
34
Debt Service Capital Projects Funds
Budget Actual
Variance Over
(Under)Budget Actual
Variance Over
(Under)
(1,447,662)(1,924,950)(477,288)(16,070,132)(10,067,889)6,002,243
0 0 0 16,560,000 17,739,400 1,179,400
0 0 0 0 0 0
1,023,410 753,672 (269,738)721,325 1,355,678 634,353
0 0 0 0 (89,000)(89,000)
1,023,410 753,672 (269,738)17,281,325 19,006,078 1,724,753
(424,252)(1,171,278)(747,026)1,211,193 8,938,189 7,726,996
3,548,004 3,548,004 0 29,062,991 29,062,991 0
3,123,752$ 2,376,726$ (747,026)$ 30,274,184$ 38,001,180$ 7,726,996$
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
35
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS/FUND BALANCE
ALL PROPRIETARY AND FIDUCIARY FUND TYPES
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Fiduciary
Proprietary Fund Types Fund Types
Enterprise Internal Service
Nonexpendable
Trust
Operating Revenues
Charges for Services 64,995,432$ 7,154,358$ 0$
Sale of Cemetery Lots 0 0 90,618
Premiums 0 4,427,725 0
Investment Income 0 0 25,289
Contributions 0 0 5,125
Other 1,904,236 160,099 0
Total Operating Revenues 66,899,668 11,742,182 121,032
Operating Expenses
Electric Operations 37,679,409 0 0
Salaries and Benefits 4,404,293 2,176,030 0
Supplies 651,620 707,466 0
Maintenance 1,364,163 170,626 6,094
Purchased Professional Services 557,906 17,563 0
Purchased Property Services 2,338,067 104,523 0
Other Purchased Services 1,320,132 262,574 0
Claims 0 1,258,813 0
Administration Fees 0 134,712 0
Premiums 0 2,492,559 0
Reimbursed Administrative 2,600,846 993,495 0
Depreciation 5,076,319 2,385,808 0
Other 174,665 72,069 7,434
Total Operating Expenses 56,167,420 10,776,238 13,528
Operating Income 10,732,248 965,944 107,504
Nonoperating Revenues (Expenses)
Investment Income 1,932,675 280,509 0
Reimbursed Expenses 96,376 162,562 0
Grants 0 0 0
Earnings in Joint Venture 842,323 0 0
Interest Expense (3,989,558)0 0
Other, Net 3,134,806 7,504 0
Total Nonoperating Revenues (Expenses)2,016,622 450,575 0
Income Before Operating Transfers 12,748,870 1,416,519 107,504
Operating Transfers
Operating Transfers In 1,241 1,475 0
Operating Transfers Out (6,759,900)0 0
Total Operating Transfers (6,758,659)1,475 0
Net Income (Loss)5,990,211 1,417,994 107,504
Retained Earnings (Restated)/Fund Balance, October 1 90,607,924 12,069,438 635,563
Retained Earnings/Fund Balance, September 30 96,598,135$ 13,487,432$ 743,067$
The notes to the general purpose financial statements are an integral part of this statement.
36
Totals
(Memorandum Only)
2002 2001
72,149,790$ 68,015,784$
90,618 84,523
4,427,725 3,663,439
25,289 36,344
5,125 16,135
2,064,335 1,957,893
78,762,882 73,774,118
37,679,409 37,038,395
6,580,323 5,871,424
1,359,086 1,213,738
1,540,883 1,212,902
575,469 516,352
2,442,590 2,491,842
1,582,706 1,566,835
1,258,813 3,286,950
134,712 179,403
2,492,559 588,445
3,594,341 3,809,373
7,462,127 5,875,061
254,168 371,111
66,957,186 64,021,831
11,805,696 9,752,287
2,213,184 3,537,395
258,938 157,059
0 14,800
842,323 664,692
(3,989,558)(2,402,956)
3,142,310 622,812
2,467,197 2,593,802
14,272,893 12,346,089
2,716 995,200
(6,759,900)(14,390,473)
(6,757,184)(13,395,273)
7,515,709 (1,049,184)
103,312,925 104,362,109
110,828,634$ 103,312,925$
The notes to the general purpose financial statements are an integral part of this statement.
37
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY AND FIDUCIARY FUND TYPES
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)Totals
Internal Nonexpendable (Memorandum Only)
Enterprise Service Trust 2002 2001
Cash Flows from Operating Activities:
Cash Received from Customers 65,959,669$ 11,741,352$ 104,001$ 77,805,022$ 73,424,857$
Cash Payments to Suppliers for Goods and Services (43,924,633)(5,881,505)(13,540)(49,819,678)(49,666,915)
Cash Payments to Employees for Services (6,434,882)(2,159,701)0 (8,594,583)(8,031,278)
Customer Deposits Received 1,475 0 0 1,475 228,240
Customer Deposits Returned (179,251)0 0 (179,251)(825,381)
Cash Received from Contributions 0 0 5,125 5,125 16,135
Cash Received for Reimbursed Expenses 96,376 125,674 0 222,050 157,059
Cash Received from Sale of Scrap 0 0 0 0 16,024
Cash Received from Collection Fees 0 0 0 0 8,653
Cash Received from Grants 0 0 0 0 14,800
Cash Received for Miscellaneous Revenues 285,581 21,407 0 306,988 193,887
Cash Received From Other Funds 0 79,262 0 79,262 43,835
Cash Paid to Other Funds 0 (35,760)0 (35,760)(43,835)
Cash Paid for Miscellaneous Expenses (30,079)(57,698)0 (87,777)(69,157)
Net Cash Provided by Operating Activities 15,774,256 3,833,031 95,586 19,702,873 15,466,924
Cash Flows from Noncapital Financing Activities:
Operating Transfers In from Other Funds 1,241 1,475 0 2,716 882,800
Operating Transfers Out to Other Funds (6,759,900)0 0 (6,759,900)(14,278,073)
Cash Paid to Other Funds 0 0 0 0 (200,000)
Cash Paid to Public Agencies (261,951)0 0 (261,951)(283,967)
Net Cash Provided (Used) by Noncapital Financing
Activities (7,020,610)1,475 0 (7,019,135)(13,879,240)
Cash Flows from Capital and Related Financing Activities:
Acquisition and Construction of Capital Assets (23,079,205)(2,025,537)0 (25,104,742)(26,315,664)
Proceeds from Sale of Assets 0 3,647 0 3,647 872,308
Capital Contributed by Developers 0 0 0 0 93,464
Principal Paid on Revenue Bonds (3,165,000)868,800 0 (2,296,200)(3,185,000)
Interest Paid on Revenue Bonds (3,623,814)0 0 (3,623,814)(2,521,280)
Fees Paid to Fiscal Agent (3,121)0 0 (3,121)(9,660)
Proceeds from Revenue Bonds 18,115,000 0 0 18,115,000 23,997,130
Issuance Costs Paid on Revenue Bonds (99,682)0 0 (99,682)0
Cash Received from Other Funds 0 0 0 0 (101,475)
Net Cash Used by Capital and Related Financing
Activities (11,855,822)(1,153,090)0 (13,008,912)(7,170,177)
Cash Flows from Investing Activities:
Purchase of Investments (33,626,285)$ (6,313,073)$ (517,684)$ (40,457,042)$ (28,968,253)$
Proceeds from Sale and Maturities of
Investment Securities 36,936,541 5,278,695 496,358 42,711,594 35,629,067
Investment Income 2,190,528 299,962 28,257 2,518,747 3,774,464
Net Cash Provided by Investing Activities:5,500,784 (734,416)6,931 4,773,299 10,435,278
Net Increase in Cash and Cash Equivalents 2,398,608 1,947,000 102,517 4,448,125 4,852,785
Cash and Cash Equivalents, October 1 24,321,069 2,768,260 295,929 27,385,258 22,532,473
Cash and Cash Equivalents, September 30 26,719,677 4,715,260 398,446 31,833,383 27,385,258
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
38
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY AND FIDUCIARY FUND TYPES
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)Totals
Internal Nonexpendable (Memorandum Only)
Enterprise Service Trust 2002 2001
Reconciliation of Operating Income (Loss) to Net Cash
Provided (Used) by Operating Activities:
Operating Income (Loss)10,732,248 965,944 107,504 11,805,696 9,844,515
Adjustment to Reconcile Operating Income (Loss) to Net
Cash Provided (Used) by Operating Activities:
Depreciation 5,076,319 2,385,808 0 7,462,127 5,521,300
Provision for Uncollectable Accounts 74,513 0 0 74,513 0
Investment Income Reported as Operating Income 0 0 (25,289)(25,289)(36,344)
Miscellaneous Nonoperating Revenues 381,963 152,047 0 534,010 475,472
Miscellaneous Nonoperating Expenses (30,079)(13,512)0 (43,591)(119,592)
Change in Assets and Liabilities:
Change in Accounts Receivable (950,970)27,829 14,062 (909,079)(292,272)
Change in Other Receivables 10,971 0 0 10,971 10,909
Change in Due From Other Funds 0 71,679 0 71,679 (33,708)
Change in Inventory 483,482 109,111 0 592,593 (47,379)
Change in Prepaid Costs 0 (27,865)0 (27,865)(759)
Change in Accounts Payable 96,341 436,131 (691)531,781 865,736
Change in Due to Other Funds 0 (28,177)0 (28,177)33,708
Change in Claims Payable 0 (261,180)0 (261,180)(288,376)
Change in Accrued Liabilities 50,329 13,559 0 63,888 112,772
Change in Deferred Revenue 0 0 0 0 3,696
Change in Refundable Deposits (177,776)0 0 (177,776)(596,667)
Change in Accrued Vacation 26,915 1,657 0 28,572 13,913
Total Adjustments 5,042,008 2,867,087 (11,918)7,897,177 5,622,409
Net Cash Provided by Operating Activities 15,774,256$ 3,833,031$ 95,586$ 19,702,873$ 15,466,924$
Noncash Operating Financing, Capital and Investing Activities: During the Fiscal year the Enterprise Fund Added contributed capital in the
amount of $3,265,782. Adjustments at 9/30/02 to investments to record income accrual and fair value changes were as follows:
Enterprise Fund ($257,853); Internal Service Funds, $19,453; and Nonexpendable Trust Funds, $2,968. In addition, billed customer refundable
deposits in the amount of $562 were reflected in the Enterprise Funds 9/30/02 Accounts Receivable and Refundable Deposit Balances.
(Continued)
The notes to the general purpose financial statements are an integral part of this statement.
39
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
41
I.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The general purpose financial statements of the City of College Station, Texas ("City"), have been prepared
in conformity with generally accepted accounting principles ("GAAP") as applied to governmental units. The
Governmental Accounting Standards Board ("GASB") is the accepted standard-setting body for establishing
governmental accounting and financial reporting principles. The more significant of the City's accounting
policies are described below.
A.REPORTING ENTITY
The financial reporting entity is defined as (1) the primary government and (2) those component units for
which the primary government is financially accountable. A primary government is financially accountable for
the organizations that make up its legal entity. It is also financially accountable for legally separate
organizations if its officials appoint a voting majority of an organization's governing body and one or both of
the following conditions are met:
(a) the primary government is able to impose its will on the component unit or
(b) the primary government's relationship with the component unit poses a real or potential financial
benefit or burden for the primary government.
Moreover, financial accountability is also deemed to exist even in the absence of simple "accountability" (i.e.,
the appointment of a voting majority of the organization's governing body) if the component unit is financially
dependent upon the primary government.
A primary government has the ability to impose its will on an organization if it can significantly influence the
programs, projects, or activities of, or level of services performed or provided by, the organization. A
financial benefit or burden relationship exists if the primary government is:
(a) entitled to the organization's resources;
(b) legally obligated or has otherwise assumed the obligation to finance the deficits of, or provide
financial support to, the organization; or
(c) obligated in some manner for the debt of the organization.
If an organization is unable to adopt its budget, levy taxes, or set rates or charges, or issue bonded debt
without approval by the primary government, then it is deemed to be fiscally dependent on the primary
government and is included as a component unit. There are no entities that meet the criteria as a
component unit of the City.
Included within the reporting entity as a joint venture for the City is the Brazos Valley Solid Waste
Management Agency. The Brazos Valley Solid Waste Management Agency ("BVSWMA") was created May
8, 1990, by the Cities of Bryan and College Station, Texas, to achieve economies of scale savings for the
participants through joint ownership and use of regional waste management facilities. BVSWMA is governed
by an Administrative Board of Trustees ("Board") comprised of the City Manager and a staff person from
each city. In addition, the Mayors of each city serve alternating two-year terms on the Board, which has
complete responsibility for the daily operating activities of BVSWMA. The BVSWMA annual budget is first
approved by the BVSWMA Board and is then submitted for approval by both cities as a part of their regular
budget process.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
42
I.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
B.MEASUREMENT FOCUS, BASIS OF ACCOUNTING AND BASIS OF PRESENTATION
The accounts of the City are organized and operated on the basis of funds and account groups. A fund is an
independent fiscal and accounting entity with a self-balancing set of accounts. Fund accounting segregates
funds according to their intended purpose and is used to aid management in demonstrating compliance with
finance-related legal and contractual provisions. The minimum number of funds are maintained consistent
with legal and managerial requirements. Account groups are a reporting device to account for certain assets
and liabilities of the governmental funds not recorded directly in those funds.
The City has the following fund types and account groups:
Governmental funds are used to account for the City’s general government activities. Governmental fund
types use the flow of current financial resources measurement focus and the modified accrual basis of
accounting. Under the modified accrual basis of accounting, revenues are recognized when susceptible to
accrual (i.e., when they are “measurable and available”). “Measurable” means the amount of the transaction
can be determined and “available” means collectible within the current period or soon enough thereafter to
pay liabilities of the current period. Expenditures are recorded when the related fund liability is incurred,
except for unmatured interest on general long-term debt which is recognized when due, and certain
compensated absences and claims and judgements such as accrued vacation leave which are recognized
when the obligations are expected to be liquidated with expendable available financial resources.
Property taxes, franchise taxes, licenses, interest, charges for services and special assessments are
susceptible to accrual. Sales taxes collected and held by the State at year end on behalf of the City are also
recognized as revenue. Other receipts and taxes become measurable and available when cash is received
by the City and are recognized as revenue at the time.
Entitlement and shared revenues are recorded at the time of receipt or earlier if the accrual criteria are met.
Expenditure-driven grants are recognized as revenue when the qualifying expenditures have been incurred
and all other grant requirements have been met.
Governmental funds include the following fund types:
The general fund is the City’s primary operating fund. It accounts for all financial resources of general
government, except those required to be accounted for in another fund.
The special revenue funds account for revenue sources that are legally restricted to expenditure for specific
purposes (not including expendable trusts or major capital projects).
The debt service fund accounts for the servicing of general long-term debt not being financed by proprietary
or nonexpendable trust funds.
The capital projects funds account for the acquisition of fixed assets or construction of major capital projects
not being financed by proprietary or nonexpendable trust funds.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
43
I.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
B. MEASUREMENT FOCUS, BASIS OF ACCOUNTING AND BASIS OF PRESENTATION (Continued)
Proprietary funds are accounted for on the flow of economic resources measurement focus and use the
accrual basis of accounting. Under this method, revenues are recorded when earned and expenses are
recorded at the time liabilities are incurred. The City applies all applicable GASB pronouncements in
accounting and reporting for its proprietary operations and all Financial Accounting Standards Board
(“FASB”) Statements and interpretations issued after November 30, 1989, except for those that conflict or
contradict GASB pronouncements.
Proprietary funds include the following fund types:
Enterprise funds are used to account for those operations that are financed and operated in a manner similar
to private business or where the City has decided that the determination of revenues earned, costs incurred
and/or net income is necessary for management accountability.
Internal service funds account for operations that provide services to other departments or agencies of the
City on a cost-reimbursement basis.
Fiduciary funds account for assets held by the City in a trustee capacity or as an agent on behalf of others.
Nonexpendable trust funds are used to account for assets of which principal may not be spent and are
accounted for using the same measurement focus and basis of accounting used by the proprietary funds.
Account Groups. The general fixed assets account group is used to account for fixed assets not accounted
for in proprietary or trust funds. The general long-term debt account group is used to account for general
long-term debt and certain other liabilities that are not specific liabilities of proprietary or trust funds.
C.ASSETS, LIABILITIES AND EQUITY
1.Cash and Cash Equivalents
Cash and cash equivalents are short term highly liquid investments that are: (a) readily convertible to
known amounts of cash and (b) so near their maturity that they present insignificant risk of changes in
value because of changes in interest rates. Therefore, for purposes of the statement of cash flows, cash
and cash equivalents (including restricted assets) include demand accounts, repurchase agreements,
and government securities and agency notes with original maturities of three months or less when
purchased.
All cash, except for petty cash accounts, is deposited with the City's depository bank (First American
Bank, Bryan, Texas) in interest bearing accounts or is invested.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
44
I.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C.ASSETS, LIABILITIES AND EQUITY (Continued)
1. Cash and Cash Equivalents (Continued)
The City uses a pooling method to account for cash and cash equivalents. Equity in cash and cash
equivalents and interest income from the cash pool is allocated to the participating funds on a monthly
basis. The amount of the allocation is determined by calculating a ratio of each fund's equity in the pool
to the total pool.
2.Investments
Investments are made in accordance with the City's Investment Policy which was adopted by the City
Council in March 2002. This policy is applicable to all City funds and permits investment in obligations of
the U.S. Government or its agencies, repurchase agreements, commercial paper, certificates of deposit,
guaranteed investment contracts, public funds investment pools, and money market mutual funds. This
policy states that the Director of Fiscal Services shall designate the City’s Investment Officer with whom
responsibility and authority for investment transactions reside.
The investments purchased under the provisions of the Investment Policy are managed to maintain
liquidity for meeting the City's needs for cash and to limit potential market risks in periods of rising
interest rates which depress the market value of securities. As a guideline, maturity of securities should
not exceed five years for cash management purposes, with an optimum weighted average maturity of
less than two years. Investments in securities of a longer maturity than two years are considered
prudent for funds maintained for capital construction and debt service funds, if necessary to meet
projected disbursement schedules.
As a general guideline, the City’s cash management portfolio is designed with the objective of meeting,
over the course of full market cycles, the average return on three-month U.S. Treasury Bills, or the
average rate of federal funds, whichever is higher. These indices are considered benchmarks for
riskless investment transactions and therefore comprise a standard for the portfolio's rate of return. The
investment program seeks to augment rates of return above this level. In a diversified portfolio,
measured losses are inevitable and must be considered within the context of the overall portfolio. The
objective in investment of construction funds is at least to match inflation increases in construction costs.
Active portfolio management includes the practice of selling securities prior to maturity and using the
proceeds to purchase other securities. Such "swaps" are performed for a variety of valid reasons: to
lengthen maturities as interest rates rise, to secure market profits and shorten maturities as interest rates
fall, and to take advantage of the differences in relative yield between different types of securities and
varying maturities. "Swap" analysis is the responsibility of the City Investment Officer and the decision to
execute the "swap" rests with him. To protect the portfolio from imprudent trading, no security may be
sold until such time as the current market value of the security plus interest earned from date of
purchase is at least equal to the purchase price of that security.
State statutes authorize the City to invest in fully-insured time deposits, direct debt securities of the
United States or its agencies, and fully collateralized repurchase agreements. The repurchase
agreements must be purchased pursuant to a master repurchase agreement which specifies that the
transaction be held in a safekeeping account subject to the control and custody of the City.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
45
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. ASSETS, LIABILITIES AND EQUITY (Continued)
2. Investments (Continued)
Investments in security repurchase agreements may be made only with the City's depository bank, with
state or national banks domiciled in the state of Texas, or with securities dealers reporting to the Federal
Reserve Bank of New York ("Primary I. Dealers"). All securities are purchased delivery -vs.-payment and
held in the City's name in a safekeeping account at Chase Bank.
Investments of all funds consist mainly of U. S. Treasury and Agency securities, flexible repurchase
agreements, and investments in public funds investment pools (TexPool). Investments are stated at fair
value in accordance with GASB Statement No. 31, Accounting and Financial Reporting for Certain
Investments and for External Investment Pools.
The City also uses a pooling method to account for investments. Equity in investments and interest
income from the investment pool is allocated to the participating funds on a monthly basis and is
determined by calculating a ratio of each fund's equity in the investment pool to the total pool.
3.Inventory
Inventory is valued at cost, which approximates market, using the first-in, first -out method. The costs of
governmental fund type and proprietary fund inventories are recorded as expenditures/expenses when
consumed rather than when purchased.
4.Prepaid Costs
Payments made to vendors for services that will benefit periods beyond September 30, 2002, are
recorded as prepaid costs.
5.Restricted Assets
In the Enterprise Funds, proceeds of utility revenue bonds, as well as resources set aside for their
repayment, are classified as restricted assets on the balance sheet because their use is limited by
applicable bond covenants. In addition, customer utility deposits are classified as restricted assets
because the deposit remains the property of the customer and is not available for operations. In the
General Fund, restricted assets are comprised of Municipal Court cash bonds, and police seizure funds,
all of which are not available for operations.
6.Investment in Joint Venture
The Proprietary Funds' investment in joint venture is recorded using the equity method of accounting.
Required disclosures concerning the joint venture are presented in Note IV-D.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
46
I.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. ASSETS, LIABILITIES AND EQUITY (Continued)
7.Fixed Assets
General fixed assets have been acquired for general government purposes. Asset purchases are
recorded as expenditures in the governmental fund types and capitalized in the General Fixed Assets
Account Group at cost where historical records are available and at an estimated historical cost where
no historical records exist. Donated fixed assets are valued at their estimated fair market value.
Public domain fixed assets consisting of improvements other than buildings are also included in the
General Fixed Assets Account Group.
No depreciation has been provided on general fixed assets, nor has interest been capitalized.
Property and equipment owned by the Enterprise Funds and the Internal Service Funds is stated at the
historical cost of acquisition, construction or, with respect to contributions of construction from third
parties (principally developers), at fair market value. In accordance with Financial Accounting Standards
Board Statement No. 71, interest is not capitalized during construction because interest is recovered
currently in the City's established rate.
Maintenance, repairs and minor renewals are charged to operating expense; major property
replacements are capitalized.
Depreciation is recorded in the above funds on a straight -line basis over the following estimated service
lives:
Utility Systems 25 - 40 years
Buildings and Improvements 5 - 50 years
Equipment 3 - 10 years
8.Compensated Absences
Employees are credited with vacation at rates of 10 to 20 days per year, depending up on length of
service. Carryover of unused vacation time from one year to the next is allowed for a maximum of two
years. Upon termination, the respective employees are paid for any accrued vacation not taken (up to
the two-year maximum). Accumulated vac ation leave that is expected to be liquidated with expendable
available financial resources is reported as an expenditure and a liability of the General Fund. Amounts
of accumulated vacation leave that are not expected to be liquidated with expendable available financial
resources are reported in the General Long-Term Debt Account Group.
Employees are credited with sick leave at the rate of one day per month. There is no maximum to the
number of sick days that each employee can accumulate. Payment for unused accumulated sick leave
is not made to employees by the City and, accordingly, no liability has been recorded in the financial
statements.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
47
I.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. ASSETS, LIABILITIES AND EQUITY (Continued)
9.Long-Term Obligations
Long-term debt is recognized as a liability of a governmental fund when due or when resources have
been accumulated in the Debt Service Fund for payment early in the following year. For other long-term
obligations, only that portion expected to be financed from expendable available financial resources is
reported as a fund liability of a governmental fund. The remaining portions of such obligations are
reported in the General Long-Term Debt Account Group.
Long-term liabilities directly related to and financed from proprietary fund operations are accounted for in
those funds. All other unmatured long-term indebtedness of the City is accounted for in the General
Long-Term Debt Account Group.
10.Encumbrances
Encumbrance accounting, under which purchase orders, contracts and other commitments for the
expenditure of monies are recorded in order to reserve that portion of the applicable appropriation, is
employed as an extension of formal budgetary integration in the governmental fund types.
Encumbrances outstanding at year end are reported as reservations of fund balances since they do not
constitute expenditures or liabilities in the general purpose financial statements.
11.Fund Equity
Contributed capital is recorded in proprietary funds that have received capital grants or contributions
from developers, customers or other funds. Reserved balances represent those portions of fund equity
not appropriable for expenditure or legally segregated for a specific future use. Designated fund
balances represent tentative plans for future use of financial resources.
12.Bond Discounts/Issuance Costs
In governmental fund types, bond discounts and issuance costs are recognized as expenditures in the
current period. Bond discounts and issuance costs for proprietary fund types are deferred and amortized
over the term of the bonds using the straight -line method. Bond discounts are presented as a reduction
of the face amount of bonds payable, and issuance costs are recorded as deferred charges.
13.Interfund Transactions
Quasi-external transactions are accounted for as revenues, expenditures or expenses. Transactions
that constitute reimbursements to a fund for expenditures/expenses initially made from that fund, which
are properly applicable to another fund, are recorded as expenditures/expenses in the reimbursing fund
and as reductions of expenditures/expenses in the fund that is reimbursed. Interfund transactions other
than quasi-external transactions and reimbursements are reported as operating transfers.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
48
I.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C.ASSETS, LIABILITIES AND EQUITY (Continued)
14.Statements of Cash Flows
The City has elected to use the direct method in presenting the Statements of Cash Flows for each of
the Proprietary Fund types and Non-Expendable Trust Fund.
15.Memorandum Only - Total Columns
Total columns on the General Purpose Financial Statements are captioned "Memorandum Only" to
indicate that they are presented only to facilitate financial analysis. Data in these columns does not
present financial position, results of operations, or cash flows in conformity with generally accepted
accounting principles. Neither is such data comparable to a consolidation. Interfund eliminations have
not been made in the aggregation of this data.
16.Comparative Data/Reclassifications
Comparative total data for the prior year have been presented in the accompanying financial statements
in order to provide an understanding of changes in the City's financial position and operations. However,
comparative data have not been presented in all statements because their inclusion would make certain
statements unduly complex and difficult to understand. Also, certain amounts presented in the prior year
data have been reclassified in order to be consistent with the current year's presentation.
II.STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
A.BUDGETARY INFORMATION
The City follows these procedures in establishing the budgetary data reflected in the financial statements:
1)Prior to September 1, the City Manager submits to the City Council a proposed operating budget for
the fiscal year commencing the following October 1. The operating budget includes proposed
expenditures and the means of financing them.
2)All budget requests are compiled by the Office of Management and Budget and presented with
comparative and supporting data to the Mayor and City Council for review.
3)Public hearings are properly advertised and conducted at City Hall for taxpayer comments.
4)Prior to September 27, the budget is legally enacted through passage of an ordinance.
5)The City Council must approve all transfers of budgeted amounts between departments within any
fund and any revision that alters the total expenditure of any fund. An amount is also budgeted each
year for contingencies which may arise. The Council has authorized the City Manager to make
budget transfers for contingencies if the amount does not exceed $50,000. All other transfers must
be approved by City Council. City Council may transfer amounts among individual budget line items
within major expenditure categories during the year, but no such transfer may increase the overall
total budget. Budgeted amounts as originally adopted were not significantly changed by such
transfers during the year.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
49
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
A. BUDGETARY INFORMATION (Continued)
6) In accordance with the City Charter, the budget may be amended after the following conditions are
met: a) The City Manager certifies that there are available revenues in excess of those estimated in
the budget. b) The City Council holds a public hearing on the supplemental appropriation. c) The
City Council approves the supplemental appropriation. Management may not amend the budget
without seeking the approval of the City Council.
7)Budget appropriations are adopted at the fund level for all funds except the General Fund. In the
General Fund, budget appropriations are adopted at the department level. Expenditures in excess
of appropriations for each fund are prohibited by the City Charter. Appropriations which have not
been expended or lawfully encumbered lapse at the end of the budget year.
8)Formal budgetary integration is legally enacted and employed as a management control device
during the year for all funds.
B.BUDGET/GAAP RECONCILIATION
General Fund budgetary amounts do not include provisions for adjustments in inventory, the allowance for
uncollectible accounts receivable, the capitalization of salaries for capital improvements projects, accrued
vacation, accrued payroll or adjustments to fair value for investments.
Adjustments necessary to convert the General Fund revenues and other financing sources at September 30,
2002 on the budgetary basis to the GAAP basis are as follows:
Revenues and Other Financing Sources - Budget (Non-GAAP Basis)$33,031,041
Reconciling Items:20,245,143
Adjust Investments to Fair Value 9,373
Inventory Adjustment 5,030
Reverse FY01 Investment Earnings Accrual (89,815)
Municipal Court Bond Adjustment (105,294)
Accrue Sales Tax (13,857)
Reclass (1,793)
Total Reconciling Items (196,356)
Total Revenues and Other Financing Sources - GAAP Basis $32,834,685
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
50
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
B.BUDGET/GAAP RECONCILIATION (Continued)
Adjustments necessary to convert the General Fund expenditures and other financing uses at September 30,
2002 on the budgetary basis to the GAAP basis are as follows:
Expenditures and Other Financing Uses - Budget (Non-GAAP Basis)$32,078,583
Reconciling Items:18,923,083
Capitalized Salaries (140,319)
Bad Debt 20,030
Accrue Payroll Expense FY02 644,780
Reverse FY01 Payroll Accrual (459,780)
Adjust Accrued Vacation 13,909
Reclass (1,793)
Other 750
Total Reconciling Items 77,577
Total Expenditures and Other Financing Uses - GAAP Basis $32,156,160
The budgets for the Special Revenue Funds and Capital Projects Funds are adopted on a basis consistent
with GAAP, except for the following significant items:
a) Principal payments are included in the budget as an expenditure item.
b) Budgetary amounts do not include provisions for adjustments in the allowance for uncollectible
accounts receivable.
c) Budgeted expenditure amounts do not include a provision for the capitalization of salaries for capital
improvement projects.
d) Budgeted revenue amounts do not include a provision for adjusting investments to fair value.
e) Budgeted revenue amounts do not include utility revenues earned but not billed.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
51
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
B. BUDGET/GAAP RECONCILIATION (Continued)
Adjustments necessary to convert the Special Revenue Funds and Capital Projects Funds revenues and
other financing sources at September 30, 2002 on the budgetary basis to the GAAP basis are as follows:
Special Revenue
Funds
Capital Projects
Funds
Revenues and Other Financing Sources - Budget
(Non GAAP Basis)$8,141,254 $22,087,742
Reconciling Items:18,923,083
Adjust Investments to Fair Value 12,164 31,669
Accrue FY02 Utility Revenue 0 40,501
Reverse FY01 Utility Accrual 0 (39,415)
Reverse FY01 Investment Accrual (150,031)(324,450)
Reclass 0 15,452
Other 678 (14,025)
Total Reconciling Items (137,189)(290,268)
Revenues and Other Financing Sources - GAAP Basis $8,004,065 $21,797,474
Adjustments necessary to convert the Special Revenue Funds and Capital Projects Funds expenditures and
other financing uses at September 30, 2002 on the budgetary basis to the GAAP basis are as follows:
Special Revenue
Funds
Capital Projects
Funds
Expenditures and Other Financing Uses- Budget
(Non-GAAP Basis)$6,590,860 $13,149,553
Reconciling Items:
FY02 Bad Debt 0 7,244
Capitalized Salaries 10,093 134,157
Reclass FY02 Expenditure 0 (23,671)
Other 6 3
Total Reconciling Items 10,099 117,733
Expenditures and Other Financing Uses - GAAP Basis $6,600,959 $13,267,286
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
52
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
B. BUDGET/GAAP RECONCILIATION (Continued)
The Budget for the Debt Service Fund is adopted on a basis consistent with GAAP except for budgeted
revenue amounts which do not include a provision for investment accrual or adjusting investments to fair
value. For fiscal year 2002, these amounts combined were a negative $37,100.
Budgets for the Enterprise Funds are adopted on a basis consistent with GAAP, except for the following
significant items:
a) Capital outlay is included in the budget as an expense item.
b) The budget treats principal payments for General Obligation Bonds and Certificates of Obligation
serviced by the Electric, Water, and Sewer Funds and for Utility Revenue Bonds as an expense
item. Principal payments for Advances from Other Funds in the Solid Waste Collection Fund are
also treated as expense items in the budget.
c) Enterprise Funds budgetary amounts do not include provisions for adjustments in inventory or the
allowance for uncollectible accounts receivable.
d) Budgeted revenue amounts do not include a provision for revenue accruals.
e) Budgeted expense amounts do not include a provision for depreciation expense.
f) Budgeted salaries do not include a provision for accrued vacation or accrued payroll.
g) Budgeted revenue amounts do not include a provision for adjusting investments to fair value.
The budgets for the Internal Service Funds are adopted on a basis consistent with GAAP, except for the
following significant items:
a) Capital outlay is included in the budget as an expense item.
b) Budgeted salaries do not include a provision for accrued vacation, claims payable, or accrued
payroll.
c) Budgetary amounts do not include provisions for adjustments in inventory or the allowance for
uncollectible accounts receivable.
d) Budgeted expense amounts do not include a provision for depreciation expense.
e) Budgeted revenue amounts do not include a provision for adjusting investments to fair value.
In fiscal year 2002, budgets for the Cedar Creek Condominium and the Cemetery Perpetual Care were not
adopted.
Budgetary comparisons presented in the report are on the aforementioned budgetary basis.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
53
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
B. BUDGET/GAAP RECONCILIATION (Continued)
Budgetary amounts are as originally adopted, or as amended by the City Council. Individual amendments
were not material in relation to the original appropriations which were amended.
C.EXPENDITURES/EXPENSES IN EXCESS OF APPROPRIATIONS
The amounts of any excesses of expenditures/expenses over appropriations during fiscal year 2002, and the
funds in which they occurred are as follows:
Fund Amount
Debt Service $320,881
Parks Projects 2,711,091
Electric 144,725
Fleet Maintenance 42,611
Print/Mail 46,553
Property and Casualty 93,994
Unbudgeted interest expense on both the 2002 GO and CO led to the $320,881 excess in the Debt Service
Fund. Capital outlay related to the Veterans Park & Athletic Complex generated the $2,711,091 excess in
the Parks Projects Fund, and higher than expected operating expenses generated the $144,725 excess in
the Electric Fund.
Higher than expected expenses for Supplies resulted in the $42,611 excess in the Fleet Maintenance Fund,
and the $46,553 excess in the Print/Mail Services Fund is a result of higher than expected salaries and
benefits, supplies and capital outlay expenditures.
In the Property and Casualty Fund, higher than expected expenses for claims, administration fees and
premiums resulted in the $93,994 excess.
D.DEFICIT RETAINED EARNINGS
The Communication Services Fund and the Fleet Maintenance Fund ended the fiscal year with an
Unreserved Retained Earnings deficit. The $621,366 deficit in the Communication Services Fund is primarily
due to unbudgeted depreciation expense, and the $159,236 deficit in the Fleet Maintenance Fund is due to
unbudgeted depreciation and interest expenses.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
54
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS
A.DEPOSITS AND INVESTMENTS
At year-end, the carrying amount of the City's cash and time deposits was $68,398,980 and the bank
balance was $1,503,297. Cash and time deposits included investments in the state investment pool
amounting to $35,494,843, in a Fidelity money market mutual fund amounting to $9,090,204 and in a flexible
repurchase agreement with a balance totaling $22,310,636. Balance sheet amounts for unrestricted and
restricted cash and cash equivalents at September 30, 2002, are as follows:
Unrestricted Cash and Cash Equivalents $ 56,342,897
Restricted Cash and Cash Equivalents 12,056,083
Total Cash and Cash Equivalents $ 68,398,980
The bank balance was entirely covered by federal depository insurance or by pledged collateral held by the
City's third-party cus todian in the City's name. The state investment pool represents short term investments
in a pool managed by another government for which risk categorization is not appropriate because the City's
investment is not evidenced by securities that exist in physical or book entry form.
The City's investments at September 30, 2002, are categorized below to give an indication of the level of risk
assumed by the City at year end. The carrying amount is at fair value.
U.S. Treasury Securities $ 1,819,018
U.S. Government Agencies and Instrumentalities Securities 56,006,455
Total Direct Investments 57,825,473
Investment in Texas Local Government Investment Pool 35,494,843
Investment in Fidelity Money Market Mutual Fund 9,090,204
Investment in Flexible Repurchase Agreement 22,310,636
Total Indirect Investments 66,895,683
Total Investments $ 124,721,156
While cas h and cash equivalents are inclusive of investments with original maturities of three months or less,
the above schedules are inclusive of all investments.
The City invests the long-term portion of its portfolio in various U.S. Government and agency securities that
offer higher yields but are sensitive to changes in interest rates and other market conditions. Timely payment
of interest and principal are guaranteed directly or indirectly by the U.S. Government. If it becomes
necessary for the City to sell a portion or all of the long-term portfolio, the proceeds realized by the City from
such a sale would depend on the market conditions in existence at the time of such sale, as the fair value of
the securities in the City's long-term portfolio will fluctuate due to interest rate trends and other market
factors.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
55
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
A. DEPOSITS AND INVESTMENTS (Continued)
"Texpool" is a local government investment pool created and managed by the Texas Comptroller of Public
Accounts to invest funds on behalf of Texas political subdivisions. This pool and the Fidelity Money Market
Mutual Fund operate on a $1.00 net asset value basis and allow same day or next day redemptions and
deposits. Interest on both is allocated daily based on portfolio earnings and participant account balances.
The City's investments in Texpool and the Fidelity Money Market Mutual Fund are stated at fair value which
was 100% of the book values as of September 30, 2002.
Neither the Texpool account nor the Fidelity Money Market Mutual Fund account are managed by the City;
therefore, the City does not possess securities that exist in physical or book entry form. Consequently, these
securities have not been classified.
All of the City's investments consist of U.S. Government Securities and repurchase agreements of U.S.
Government Securities and are held by its agent in the City's name (Category One credit risk).
The reporting of investments at fair value resulted in an unrealized gain of $113,693 at September 30, 2002.
This unrealized gain was allocated to the participating funds by calculating a ratio of each fund’s equity in the
investment pool to the total pool.
B.NOTES RECEIVABLE
Special Revenue Funds : In 1988, the City initiated a Community Development Loan Program which provides
loans to eligible applicants from Community Development Block Grant funds. The $85,393 balance in the
Special Revenue Funds represents the outstanding principal for these loans at September 30, 2002.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
56
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
C.FIXED ASSETS
A summary of changes in general fixed assets for the year ended September 30, 2002, is as follows:
Beginning
Balance
Additions
and
Transfers In
Retirements
And
Transfers
Out
Ending
Balance
Land $ 18,240,824 $0 $0 $18,240,824
Buildings and BuildingImprovements 19,259,899 20,303 0 19,280,202
Improvements 52,287,484 5,842,067 0 58,129,551
Machinery, Tools andEquipment 11,588,981 523,091 152,738 11,959,334
Parks System 14,321,778 421,291 0 14,743,069
Construction inProgress 7,975,585 13,246,439 3,221,809 18,000,215
Total $ 123,674,551 $20,053,191 $ 3,374,547 $140,353,195
A summary of proprietary fund type property and equipment at September 30, 2002, is as follows:
EnterpriseFunds
InternalService Funds
Total
Electric System $ 63,286,640 $0 $ 63,286,640
Water System 54,503,955 0 54,503,955
Sewer System 53,951,532 0 53,951,532
Machinery & Equipment 3,954,605 19,556,725 23,511,330
Buildings & Improvements 7,330,401 746,575 8,076,976
Land 1,789,828 0 1,789,828
Construction in Progress 28,078,744 0 28,078,744
Total 212,895,705 20,303,300 233,199,005
Less Accumulated Depreciation (52,105,593)(10,791,966) (62,897,559)
Net $ 160,790,112 $ 9,511,334 $170,301,446
D.INTERFUND ASSETS/LIABILITIES
1.Due To/Due From Other Funds
The composition of due to/due from balances as of September 30, 2002, is as follows:
Due To Due From Amount
Equipment Replacement Fleet Maintenance $ 51,419
Equipment Replacement Communication Services 18,085
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
57
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
E.DEFERRED CHARGES
Deferred charges totaling $762,602 at September 30, 2002, consist of the following:
Prepaid Water Costs
On November 8, 1978, the City entered into an agreement with Texas A&M University whereby the City
would construct water system improvements for Texas A&M University. This water system was to provide
the City with an additional water source until its own system could be constructed beginning in January 1979.
The original agreement was for a period not to exceed five years. However, an addendum to the contract
extends the period indefinitely.
The costs of the system are being repaid by Texas A&M University at a rate of $0.20 per 1,000 gallons of
City water usage. Termination of the agreements provides for absolute title to the system to be conveyed to
Texas A&M University by the City.
A summary of the unrecovered cost of the water system at September 30, 2002, is as follows:
Total Project Cost $ 1,167,075
Less Accumulated Water Usage Credits (1,037,952)
Prepaid Water Costs, September 30, 2002 $ 129,123
Bond Issuance Costs
A summary of the bond issuance costs along with the accumulated amortization for the Electric, Water, and
Sewer Funds as of September 30, 2002, is as follows:
Electric Water Sewer Total
Bond Issuance Costs $240,272 $262,472 $436,631 $939,375
Accumulated Amortization (90,400)(69,506)(145,990)(305,896)
Bond Issuance Costs, Net $149,872 $192,966 $290,641 $633,479
F. LONG-TERM DEBT
General Obligation Bonds
The City issues general obligation bonds to provide funds for the acquisition and construction of major
capital facilities. General obligation bonds are direct obligations and pledge the full faith and credit of the
City, and such bonds have been issued for both general government and proprietary activities. Bonds
issued for proprietary activities are reported in the proprietary funds if they are expected to be repaid from
proprietary fund revenues.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
58
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. LONG-TERM DE BT (Continued)
On April 11, 2002 the City issued $6.445 million in General Obligation Bonds with a true interest cost of
4.93% percent. The proceeds from the sale of the bonds will be used for street projects, traffic management
projects, park projects, drainage projects, land acquisition, fire station improvements and to pay the costs
incurred in connection with the issuance of the bonds.
Revenue Bonds
The City from time to time also issues bonds for which the City pledges income derived from the acquired or
constructed assets to pay debt service. On April 11, 2002 the City issued $18.215 million in utility revenue
bonds with a true interest cost of 5.01% percent. Proceeds from the sale of the bonds will be used for
electric, water and wastewater system improvements. In addition, proceeds will be used to pay the costs
incurred in connection with the issuance of the bonds.
Certificates of Obligation
On occasion, the City issues certificates of obligation for which the City pledges not only the income derived
from the acquired or constructed assets but also the full faith and credit of the City.
On April 11, 2002 the City issued $14.48 million tax certificates of obligation with a true interest cost of
4.75% percent. The proceeds from this debt issuance will be used for the acquisition of equipment, street
improvements, and the construction of a Municipal Court Building. The proceeds will also be used for
construction of sidewalks, pedestrian bridges, and hiking trails, the acquisition of land, the reconstruction of a
fire station and to pay the costs incurred in connection with the issuance of the Certificates.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
59
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. LONG-TERM DEBT (Continued)
The following is a summary of long-term debt transactions for the year ended September 30, 2002.
Beginning
Balance
Incurred/
Issued
Matured/
Retired
Ending
Balance
Governmental Fund Types
General Obligation Bonds $ 39,375,000 $6,445,000 $ 4,155,000 $ 41,665,000
Certificates of Obligation 20,595,000 14,480,000 1,795,000 33,280,000
Accrued Vacation 1,288,346 1,039,061 893,911 1,433,496
Subtotal 61,258,346 21,964,061 6,843,911 76,378,496
Proprietary Fund Types
Utility Revenue Bonds 63,185,000 18,215,000 3,165,000 78,235,000
Accrued Vacation:
Electric Fund 95,332 138,062 114,729 118,665
Water Fund 49,722 53,927 50,876 52,773
Sewer Fund 55,983 51,994 48,070 59,907
Solid Waste Collection 28,454 38,202 40,981 25,675
Communication Fund 11,412 3,961 7,040 8,333
Parking Garage Fund 1,050 2,587 3,203 434
Fleet Maintenance Fund 17,892 25,634 21,099 22,427
Print/Mail Fund 6,056 6,728 6,307 6,477
Utility Billing Fund 47,281 48,642 48,860 47,063
Subtotal 63,498,182 18,584,737 3,506,165 78,576,754
Total Long-Term Debt $124,756,528 $40,548,798 $ 10,350,076 $154,955,250
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
60
F. LONG-TERM DEBT (Continued)
Long-term debt outstanding as of September 30, 2002, consisted primarily of bonds maturing serially and is
summarized as follows:
Interest
Rates (%)
Series
Matures
Principal
Balance
General Obligation Bonds:0
1991 Issue 6.00-8.00 2012 $975,000
1994 Issue 5.50-7.50 2014 3,350,000
1995 Issue 5.10-7.00 2013 3,500,000
1996 Issue and Refunding 4.70-7.50 2017 6,275,000
1998 Issue 4.50-6.50 2017 5,515,000
1999 Issue 3.40-5.40 2017 5,595,000
2000 Issue 5.00-7.00 2018 7,210,000
2001 Issue 5.00-7.00 2017 2,800,000
2002 Issue 4.25-6.25 2021 6,445,000
Subtotal 41,665,000
Certificates of Obligation:
1998 Issue 4.55-7.30 2017 4,890,000
2000 Issue 5.00-7.00 2018 3,445,000
2000A Issue 4.75-6.75 2020 7,300,000
2001 Issue 3.50-5.00 2020 3,165,000
2002 Issue 3.50-5.125 2020 14,480,000
Subtotal 33,280,000
Utility Revenue Bonds:
1993 Issue 4.20-5.60 2013 2,750,000
1994 Issue 5.40-6.40 2014 9,900,000
1995 Issue 5.25-6.25 2016 4,200,000
1996 Issue and Refunding 4.15-5.60 2017 7,965,000
1998 Issue 4.55-6.50 2017 2,385,000
2000 Issue 5.00-7.00 2018 9,930,000
2001 Issue 3.50-5.50 2021 22,890,000
2002 Issue 4.00-6.00 2022 18,215,000
Subtotal 78,235,000
Total $153,180,000
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
61
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. LONG-TERM DEBT (Continued)
Debt service requirements to maturity for all long-term debt is summarized as follows:
General
Obligation Bonds
Utility
Revenue Bonds
Year Principal Interest Principal Interest
2003 $3,285,000 $2,049,490 $3,815,000 $3,944,756
2004 2,875,000 1,827,876 3,910,000 3,752,750
2005 2,460,000 1,685,364 4,120,000 3,547,429
2006 2,295,000 1,562,097 4,235,000 3,330,288
2007 2,400,000 1,447,345 3,870,000 3,125,368
2008-2012 13,620,000 5,438,710 21,565,000 12,405,547
2013-2017 12,285,000 2,125,273 22,365,000 6,420,552
2018-2022 2,445,000 205,560 14,355,000 1,606,703
TOTAL $ 41,665,000 $16,341,715 $ 78,235,000 $38,133,393
Certificates of Obligation
Year Principal Interest
2003 $2,535,000 $1,578,566
2004 2,615,000 1,448,660
2005 2,715,000 1,311,641
2006 2,175,000 1,194,933
2007 1,840,000 1,103,525
2008-2012 7,435,000 4,457,226
2013-2017 9,185,000 2,475,328
2018-2020 4,780,000 369,213
TOTAL $ 33,280,000 $ 13,939,092
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
62
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
G. RESERVATIONS OF FUND BALANCES AND RETAINED EARNINGS
Fund balances have been reserved at September 30, 2002, as follows:
General Fund:
Reserved for Encumbrances $900,465
Reserved for Inventory 66,308
Reserved for Police Seizure 22,255
Total General Fund Reserved 989,028
Special Revenue Funds:
Reserved for Encumbrances 3,156,451
Total Special Revenue Funds Reserved 3,156,451
Debt Service Fund:
Reserved for Debt Service 2,355,213
1,867,714Capital Projects Funds:
Reserved for Encumbrances 4,430,607
Cemetery Perpetual Care Fund:
Reserved for Perpetual Care 743,067
Total Reserved Fund Balances $11,674,366
Reserved retained earnings for the Enterprise Funds at September 30, 2002, are as follows:
Res erved for Debt Service $ 5,643,783
Reserved for Capital Projects 16,637,786
Total Reserved Retained Earnings $ 22,281,569
H. CONTRIBUTED CAPITAL
The changes during fiscal year 2002 in the City's contributed capital account for the Equipment Replacement
Fund was as follows:
Sources
Equipment
Replacement
Contributed Capital, October 1 $ 1,279,100
Contributing Sources:
Government 868,800
Contributed Capital, September 30 $ 2,147,900
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
63
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
H. CONTRIBUTED CAPITAL (Continued)
There were no changes in contributed capital in the Electric, Water, Sewer, Solid Waste Collection, Cedar
Creek Condominium, Northgate Parking Garage, or Internal Service Funds, excluding Equipment
Replacement, during fiscal year 2002.
I. OPERATING TRANSFERS
Individual fund operating and other transfers out and corresponding operating transfers in for fiscal year 2002
were as follows:
Operating Transfers Out Operating Transfers In Amount
General Debt Service $ 478,091
General Electric 1,241
General Equipment Replacement 617
General Fleet Maintenance 858
Community Development Streets Projects 524,447
Community Development General Government Projects 12,231
Convention Center Debt Service 127,529
Hotel/Motel Debt Service 148,052
Parks Escrow Wolf Pen Creek TIF 120,000
Wolf Pen Creek TIF Streets Projects 505,000
General Government Projects Parks Projects 89,000
Electric General 4,574,900
Water General 923,800
Sewer General 729,500
Sanitation General 306,700
Northgate Parking Garage Streets Projects 225,000
J.RESTATEMENT OF RETAINED EARNINGS
Electric
Fund
Retained Earnings, October 1, 2001 $39,922,630
Prior Period Adjustment 1 (353,761)
Prior Period Adjustment 2 261,533
Retained Earnings (Restated) October 1, 2002 $39,830,402
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
64
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
J. RESTATEMENT OF RETAINED EARNINGS (Continued)
Retained Earnings in the Electric Fund has been restated due to prior period adjustments. Both
adjustments are due to errors that occurred in FY 2001 when the Electric Fund began using a new system
to track its fixed assets. Prior period adjustment 1 relates to an error in set-up that caused depreciation
expense to be calculated incorrectly. The $353,761 adjustment represents an amount that should have
been included in depreciation expense in FY 2001. Prior period adjustment 2 relates to an error in
transferring construction in progress balances from the old system to the new system. The $261,533
adjustment brings the construction in progress balances on the new system in line with the general ledger.
IV. OTHER INFORMATION
A. PROPERTY TA XES
Property is appraised and a lien on such property becomes enforceable as of January 1. Taxes are levied
and payable on October 1. The Brazos County Tax Office bills and collects property taxes for the City. City
property tax revenues are recognized when levied to the extent that they are collected in the current year.
The balance is reported as deferred revenues. Taxes become delinquent February 1 of the following year
and are subject to interest and penalty charges.
The City is permitted by the State of Texas to levy taxes up to $2.50 per $100 of assessed valuation for
general governmental services and for the payment of principal and interest on general long-term debt. The
combined current tax rate to finance general government services including debt service for the year ended
September 30, 2002, was $.4777 per $100 of assessed valuation.
The Brazos County Appraisal District ("Appraisal District") is responsible for the recording and appraisal of
property for all taxing units in Brazos County. The Appraisal District is required to assess property at 100%
of its appraised value. Real property must be reappraised at least every four years. The City may, at its own
expense, require annual reviews by the Appraisal District through various appeals and, if necessary, legal
action. Under this system if the rate, excluding tax rates for bonds and other contractual obligations adjusted
for new improvements, exceeds the rate for the previous year by more than 8%, qualified voters of the City
may petition for an election to determine whether to limit the tax rate to no more than 8% above the tax rate
of the previous year.
B.COMMITMENTS AND CONTINGENCIES
Construction Commitments
At September 30, 2002, the City had a number of active construction projects. At year-end the City’s
commitments with contractors were as follows:
Project Type
Remaining
Commitment
General Government Projects $ 3,766,524
Parks Projects 1,188,004
Sewer Projects 1,079,239
Streets Projects 1,385,019
Water Projects 1,831,621
Total $ 9,250,407
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
65
IV. OTHER INFORMATION (Continued)
B. COMMITMENTS AND CONTINGENCIES (Continued)
Other Commitments and Contingencies
Prior to January 1, 1996, the City purchased electric power and energy from four cities (Bryan, Denton,
Garland and Greenville) of the Texas Municipal Power Agency (TMPA) which was delivered through the
TMPA and Bryan transmission facilities. On January 1, 1996, the City of College Station began
purchasing its power through Texas Utilities (TU) Corporation. Bryan and TMPA alleged that College
Station and TU were not authorized to use their respective facilities to deliver power to the City of College
Station system and were thus trespassing on those facilities. Bryan and TMPA are seeking unspecified
money damages for the alleged trespass.
The Texas Public Utility Commission (TPUC) adopted rates and charges effective January 1, 1996. The
rates and charges so established were to remain in effect until the TPUC adopted transmission rates for
use throughout the Electric Reliability Council of Texas (ERCOT). TMPA and Bryan appealed those rates
and charges. The TPUC established rates and charges in a similar manner for the period January 1, 1997
through August 31, 1999. TMPA and Bryan appealed those charges each year through the TPUC and
various state district courts.
In addition, the City is a party to an action before the Federal Energy Regulatory Commission (FERC)
regarding rate issues for the same period.
On June 18, 2001, the Texas Supreme Court invalidated the rate setting portions of TPUC Substantive
Rules 23.67 and 23.70. The court held that the TPUC lacked authority to establish transmission rates and
charges for the period September 1, 1995 through August 31, 1999 for municipally owned transmission
facilities. The TPUC and FERC had previously set rates for the City based on the methodology used by
the TPUC. At this point, it is not clear the effect these actions will have on the City’s general purpose
financial statements. Due to the complexity of the rate setting methodologies and the legal issues
involved, management is unable to make a determination of loss contingency, if any; therefore, no
provision has been made in the accompanying general purpose financial statements. Management
intends to vigorously defend the City’s position in regard to these actions .
The City is contingently liable for lawsuits and other claims in the ordinary course of its operations. The
settlement of such contingencies under the budgetary process would require appropriation of revenues yet to
be realized and would not materially affect the financial position of the City at September 30, 2002.
C. RISK MANAGEMENT
A government entity, such as the City, is faced with the possibility of various losses which can result from
natural disasters; theft of, damage to, or destruction of assets; human errors and omissions; and torts. In
order to minimize its exposure to such losses, the City is engaged in the following risk management
activities:
The City is self-insured for the first $100,000 on property losses such as stolen, damaged, destroyed,
vandalized, and lost assets and for liability losses filed by persons claiming personal or property damages.
This coverage is provided through a Property and Casualty Fund that is funded by calculated contributions
from the City’s operating funds. The fund includes an annual aggregate loss limit of $150,000. All claims are
subject to review by the Risk Manager and the City Loss Review Committee, as necessary.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
66
IV. OTHER INFORMATION (Continued)
C. RISK MANAGEMENT (Continued)
The City retains the first $250,000 on the following lines of insurance coverage: Auto Liability, General
Liability, Law Enforcement Liability, and Public Officials Liability. These property and casualty coverages are
provided through TML Intergovernmental Risk Pool (“TML/IRP”), which is funded by calculated contributions
from the City’s operating funds. TML/IRP provides all of the claims handling for these lines of coverage. The
City reimburses TML/IRP on all paid claims which are settled within the $25,000 retention.
The City’s Unemployment Fund is used to account for self-insurance activity involving claims filed under
unemployment compensation laws. Monthly contributions based on a percentage of payroll are determined
each year during the budget process and are used to fund this activity.
The City is also self-insured for workers' compensation benefits, and the plan is administered by TML/IRP.
In the City’s contract with TML, TML agrees to provide certain workers’ compensation services for the City
such as paying claims, establishing claim reserves, processing filings with the Texas Worker’s
Compensation Commission, conducting disability investigations, scheduling physical examinations, attending
hearings, and printing claims reports. The City is required to process and provide to TML initial paperwork
on any covered employee eligible to receive worker’s compensation benefits. The City pays a fixed
contribution for administrative costs and maintains a deposit for any claims runoff in the event that the
contract is canceled. The City also reimburses TML for all claims paid on the City’s behalf up to a maximum
of $100,000 per claim. Additionally, the City has a stop-loss insurance policy that limits its liability per
employee to $500,000 per incident. The amount for estimated outstanding losses for claims incurred but not
reported is not material.
The City retains the first $100,000 on it’s Workers Compensation coverage. The City obtains this coverage
through TML Intergovernmental Risk Pool, who is responsible for all costs in excess of the City’s $100,000
retention. TML/IRP provides complete claims administration over all workers compensation claims. The City
reimburses TML/IRP on all paid claims which are settled within the $100,000 retention. The amount for
estimated outstanding losses for claims incurred but not reported (IBNR) is not material.
The amount of settlements in each of the above self-insurance funds has not exceeded insurance coverage
for each of the past three years
Changes in the balances of claims liabilities for the self-insurance funds which are accounted for as Internal
Service Funds are as follows:
2002 2001
Unpaid Claims, October 1 $412,677 $701,053
Incurred Claims (including IBNR’s)852,136 2,630,192
Claims Paid (1,107,316)(2,918,568)
Unpaid Claims, September 30 $157,497 $412,677
The City uses Internal Service Funds to account for its risk-management activities. In addition, interfund
premiums are reported as quasi-external transactions.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
67
D.JOINT VENTURE
In May 1990, the City of College Station joined the City of Bryan in creating BVSWMA. The primary purpose
of BVSWMA is to achieve economy of scale savings for the participants through joint ownership and use of
regional waste management facilities. Each city holds a 50% interest and ownership in BVSWMA.
BVSWMA is governed by an Administrative Board of Trustees ("Board") comprised of the City Manager and
a staff person from each city; in addition, the Mayors of each city serve alternating two-year terms on the
Board. The Board has complete responsibility for the daily operating activities of BVSWMA. After Board
approval, the BVSWMA annual budget is presented for approval by both cities as a part of their regular
budget.
The City's share of BVSWMA's net income for fiscal 2002 was $842,323.
The following is a summary of information from the audited financial statements of BVSWMA as of
September 30, 2002 and 2001:
2002 2001
Assets:
Current Assets $11,471,225 $10,444,228
Property, Plant and Equipment
(Net of $3,886,369 Accumulated Depreciation
at 2002 and $3,265,871 at 2001)4,773,722 4,024,545
Other Assets 238,048 77,148
Total Assets $16,482,995 $14,545,921
Liabilities:
Current Liabilities $506,635 $489,989
Noncurrent Liabilities:
Accrued Vacation 48,492 37,548
Accrued Post Closure Maintenance Costs 3,348,818 3,123,980
Total Liabilities 3,903,945 3,651,517
Fund Equity:
Contributed Equity 170,200 170,200
Retained Earnings 12,408,850 10,724,204
Total Fund Equity 12,579,050 10,894,404
Total Liabilities and Fund Equity $16,482,995 $14,545,921
Total Operating Revenues $5,396,098 $5,237,840
Total Operating Expenses 4,138,398 4,176,440
Operating Income 1,257,700 1,061,400
Net Nonoperating Revenues (Expenses)426,946 267,984
Net Income $1,684,646 $1,329,384
A copy of BVSWMA's separate audited financial statements may be obtained from the City's Fiscal Services
Department.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
68
IV. OTHER INFORMATION (Continued)
E.RETIREMENT PLAN
The City has adopted GASB Statement No. 27, Accounting for Pensions by State and Local Government
Employees. This statement requires the following disclosures:
Plan Description
The City provides pension benefits for all of its full-time employees through a nontraditional, joint contributory,
hybrid defined benefit plan in the state-wide Texas Municipal Retirement System ("TMRS"), one of 758
administered by TMRS, an agent multiple-employer public employee retirement system.
Benefits depend upon the sum of the employee's contributions to the plan, with interest, and the
City-financed monetary credits, with interest. At the date the plan began, the City granted monetary credits
for service rendered before the plan began of a theoretical amount equal to two times what would have been
contributed by the employee, with interest, prior to establishment of the plan. Monetary credits for service
since the plan began are 200 percent of the employee's accumulated contributions. In addition, the City can
grant as often as annually another type of monetary credit referred to as an updated service credit which is a
theoretical amount which, when added to the employee's accumulated contributions and the monetary
credits for service since the plan began, would be the total monetary credits and employee contributions
accumulated with interest if the current employee contribution rate and City matching percent had always
been in existence and if the employee's salary had always been the average of his salary in the last three
years that are one year before the effective date. At retirement, the benefit is calculated as if the sum of the
employee's accumulated contributions with interest and the employer-financed monetary credits with interest
were used to purchase an annuity.
The plan provisions are adopted by the governing body of the City, within the options available in the state
statutes governing TMRS and within actuarial constraints also in the statutes. Plan provisions for the City
were as follows:
Deposit Rate: 6%
Matching Ratio (City to Employee): 2-1
Actuarial Assumptions
The City of College Station is one of 758 municipalities having the benefit plan administered by TMRS. Each
of the 758 municipalities has an annual, individual actuarial valuation performed.
Actuarial assumptions as of the latest actuarial valuation are as follows:
Actuarial Cost Method:Unit Credit
Amortization Method:Level Percent of Payroll
Remaining Amortization Period:25 years- Open Period
Asset Valuation Method:Amortized Cost (To accurately reflect
the requirements of GASB Statement
No. 25, paragraphs 36e and 138)
Actuarial Assumptions:
Investment Rate of Return:8%
Projected Salary Increases:None
Includes Inflation at:None
Cost-of-Living Adjustments:None
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
69
IV.OTHER INFORMATION (Continued)
E.RETIREMENT PLAN (Continued)
Members can retire at age 60 and above with 5 or more years of service or with 20 years of service
regardless of age. A member is vested after 5 years. The plan provisions are adopted by the governing body
of the City, within the options available in the state statutes governing TMRS and within the actuarial
constraints also in the statutes.
Contributions
Under the state law governing TMRS, the actuary annually determines the City contribution rate. This rate
consists of the normal cost contribution rate and the prior service contribution rate, both of which are
calculated to be a level percent of payroll from year to year. The normal cost contribution rate finances the
currently accruing monetary credits due to the City matching percent, which are the obligation of the City
as of an employee’s retirement date, not at the time the employee’s contributions are made. The normal
cost contribution rate is the actuarially determined percent of payroll necessary to satisfy the obligation of
the City to each employee at the time his/her retirement becomes effective. The prior service contribution
rate amortizes the unfunded (overfunded) actuarial liability (asset) over the remainder of the plan’s 25-year
amortization period. The unit credit actuarial cost method is used for determining the City contribution
rate. Both the employees and the City make contributions monthly. Since the City needs to know its
contribution rate in advance for budgetary purposes, there is one-year delay between the actuarial
valuation that is the basis for the rate and the calendar year when the rate goes into effect. (i.e. December
31, 2001 valuation is effective for rates beginning January 2003).
The City of College Station is one of 758 municipalities having the benefit plan administered by TMRS.
Each of the 758 Municipalities have an annual, individual actuarial valuation performed. All assumptions
for the 12-31-01 valuations are contained in the 2001 TMRS Comprehensive Annual Financial Report, a
copy of which may be obtained by writing to P.O. Box 149153, Austin, Texas 78714-9153.
Trend Information
Trend information gives an indication of the progress made in accumulating sufficient assets to pay benefits
when due. Applicable historical trend information concerning this plan is presented below and on the next
page:
Fiscal Year
Ending
Annual Required
Contribution (ARC)
Contributions
Made
Net Pension
Obligation
1994 980,194 980,194 0
1995 1,028,586 1,028,586 0
1996 1,107,037 1,107,037 0
1997 1,299,737 1,299,737 0
1998 1,662,022 1,662,022 0
1999 1,965,749 1,965,749 0
2000 2,154,204 2,154,204 0
2001 2,272,217 2,272,217 0
2002 2,511,159 2,511,159 0
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
70
IV. OTHER INFORMATION (Continued)
E.RETIREMENT PLAN (Continued)
Schedule of Funding Progress
Actuarial
Valuation Date
Actuarial
Value of Assets
Accrued
Actuarial
Liability (AAL)
Unfunded
Actuarial
Accrued
Liability (UAAL)
Net Assets Available
as a Percent of
Pension Benefit
Obligation
12/31/92 16,151,960 18,618,664 2,466,704 87%
12/31/93 19,345,662 22,717,522 3,371,860 85%
12/31/94 21,969,264 26,863,012 4,893,748 82%
12/31/95 26,004,146 31,518,807 5,514,661 83%
12/31/96 30,332,645 36,941,994 6,609,349 82%
12/31/97 34,566,021 42,100,099 7,534,078 82%
12/31/98 38,759,223 45,574,205 6,814,982 85%
12/31/99 43,010,803 49,987,308 6,976,505 86%
12/31/00 47,880,750 55,811,761 7,931,011 86%
12/31/01 52,927,528 61,856,550 8,929,022 86%
Actuarial
Valuation Date
Covered
Payroll
UAAL as a
Percentage of Annual
Covered Payroll
12/31/92 14,658,546 17%
12/31/93 16,049,130 21%
12/31/94 17,086,936 29%
12/31/95 17,581,968 31%
12/31/96 18,001,720 37%
12/31/97 17,839,856 42%
12/31/98 19,339,128 35%
12/31/99 20,803,862 34%
12/31/00 23,651,256 34%
12/31/01 25,422,558 35%
Post Retirement Benefits
In addition to providing pension benefits, the City provides certain health care benefits for retired employees
as established by City Resolution No. 9-13-90-5.10, which was passed and approved by the City Council on
September 13, 1990. According to this resolution, employees who retire while working for the City and their
dependents are eligible to remain on the City’s health plan as long as the employee makes monthly premium
payments. During fiscal year 2002, twelve former employees were covered under this arrangement. Prior to
the passage of this resolution, employees who reached retirement while working for the City were eligible
to remain on the City’s self-insured health plan and have their monthly premiums paid for by the City. During
fiscal year 2002, one retiree was covered under this plan; however, claims filed by this retiree were not
material.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
71
IV.OTHER INFORMATION (Continued)
F.SEGMENT INFORMATION OF ENTERPRISE FUN DS
The City maintains six enterprise funds. Segment information for the year ended September 30, 2002, is as
follows (amounts in thousands):
Electric
Fund
Water
Fund
Sewer
Fund
Solid Waste
Collection
Fund
Cedar Creek
Condominium
Fund
Northgate
Parking
Garage Total
Operating Revenues $45,252 $8,686 $8,203 $4,307 $0 $452 $66,900
Operating Expenses
(Excluding Depreciation)37,679 4,566 4,030 4,379 0 438 51,092
Depreciation 2,399 1,264 1,239 14 0 160 5,076
Operating Income 5,174 2,856 2,935 (86)0 (146)10,733
Operating Transfers, Net (4,574)(924)(730)(307)0 (225)(6,760)
Net Income (Loss)357 1,335 820 470 2 (261)2,723
Property and Equipment
Additions 23,297 15,205 13,241 0 0 222 51,965
Net Working Capital 14,266 11,118 3,757 1,305 303 833 31,582
Total Assets 70,089 72,765 69,857 7,757 446 7,198 228,112
Bonds and Other
Long-Term Liabilities
(Excluding Current
Portion)
13,713 27,239 33,588 26 0 0 74,566
Total Equity 44,731 42,654 32,850 7,589 303 7,187 135,314
G.DEFERRED COMPENSATION PLAN
The City offers its employees a deferred compensation plan created in accordance with Internal Revenue
Code Section 457. The plan is available to all City employees and permits them to defer a portion of their
salary until future years. The deferred compensation is not available to employees until termination,
retirement, death or unforeseeable emergency. It is the opinion of the City's legal counsel that the City has
no liability for losses under the plan.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2002
72
IV. OTHER INFORMATION (Continued)
H.POWER COST RECOVERY
The City is allowed to recover purchased power costs as power cost adjustments. This power cost recovery
allows for the pass-through of power costs to the customers and has no impact on net income. The amount
of any under or over recovered purchased power costs at year-end was not material.
I.REVENUE BOND COVERAGE
All the net revenues of the Electric, Water, and Sewer Funds are pledged for the payment of debt service of
the revenue bonds and other indebtedness payable from those revenues. Net revenues, as defined by the
revenue bond resolutions, include substantially all of the revenues and expenses of the above named funds
other than certain interest income and expense, and depreciation and amortization. These bond resolutions
further require that the net revenues, as defined, equal at least 1.40 times the average annual debt service
on all revenue bonds and other indebtedness payable from those revenues and 1.25 times the maximum
annual debt service on all revenue bonds and other indebtedness payable from those revenues. The
maximum annual debt service is defined as the maximum principal and interest payments to be paid in any
one year remaining in the life of the bonds, and the average annual debt service is defined as the sum of all
principal and interest payments due over the remaining life of the bonds divided by the remaining life of the
bonds. The City is in compliance with these requirements.
J.BONDS AVAILABLE FOR SALE
Authorized general obligation bonds available for future issue are as follows:
Year
Authorized
Unissued
Amount
Public Buildings 1984 $700,000
Street Improvements 1984 500,000
Street Improvements 1998 973,000
Traffic Management 1998 720,000
Fire Station Improvements 1998 1,317,000
City Facilities 1998 780,000
Drainage Improvements 1998 1,855,000
TOTAL $6,845,000
K. RECENT ACCOUNTING PRONOUNCEMENT – GOVERNMENTAL ACCOUTING STANDARDS
BOARD STATEMENT 34 – “BASIC FINANCIAL STATEMENTS – AND MANAGEMENT DISCUSSION
AND ANALYSIS – FOR STATE AND LOCAL GOVERNMENTS”
With the fiscal year ending September 30, 2003, the City will implement the provisions of Governmental
Accounting Standards Board Statement 34. The City has not completed the process of evaluating the
impact that will result from adopting Statement 34. The City is therefore unable to disclose the impact that
adopting The New Reporting Model will have on the financial position and results of operations of the City
when such statement is adopted.
73
GENERAL FUND
The General Fund is used to account for resources traditionally associated with government which are not
required legally or by sound financial management to be accounted for in another fund.
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF REVENUES AND OTHER FINANCING SOURCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Taxes
Current Property 4,525,172$ 4,525,172$ 4,489,864$ (35,308)$
Delinquent Property 25,000 25,000 36,567 11,567
Tax Penalty and Interest 13,000 13,000 28,915 15,915
General Sales 13,168,000 13,168,000 13,413,911 245,911
Mixed Drinks 206,000 206,000 234,924 28,924
Franchise 1,733,000 1,733,000 1,714,241 (18,759)
Total Taxes 19,670,172 19,670,172 19,918,422 248,250
Licenses and Permits:
Mixed Drinks 16,000 16,000 28,220 12,220
Game Machines 1,000 1,000 660 (340)
Professional/Occupational 30,500 30,500 30,943 443
Builders Permits 480,000 480,000 504,695 24,695
Electrical Permits 38,000 38,000 61,154 23,154
Plumbing Permits 62,000 62,000 100,658 38,658
Mechanical Permits 26,000 26,000 54,147 28,147
Other 72,000 72,000 90,159 18,159
Total Licenses and Permits 725,500 725,500 870,636 145,136
Intergovernmental 305,317 330,317 414,767 84,450
Charges for Services:
Parks Concessions 16,000 16,000 7,389 (8,611)
Pool Admissions 233,000 233,000 250,094 17,094
Sports Instruction 111,000 111,000 133,272 22,272
Sports Programs 189,000 189,000 200,761 11,761
Special Events 0 0 569 569
Teen Center 8,000 8,000 6,827 (1,173)
Other Parks 25,000 25,000 20,282 (4,718)
Finger Printing 4,000 4,000 3,152 (848)
Police Reports and Records Checks 16,000 16,000 11,658 (4,342)
Arrest Fees 134,000 134,000 97,478 (36,522)
Warrant Service Fees 74,000 74,000 104,992 30,992
Police Escort Services 29,000 29,000 31,214 2,214
False Alarms 23,000 23,000 23,750 750
Other Police 222,000 222,000 185,266 (36,734)
EMS Transport and Standbys 389,000 389,000 464,497 75,497
(Continued)
74
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF REVENUES AND OTHER FINANCING SOURCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Fire Inspections 7,000$ 7,000$ 5,710$ (1,290)$
Code Enforcement Fees 3,000 3,000 9,975 6,975
Other Fire 3,000 3,000 125 (2,875)
Fire Hazardous Material Response 5,000 5,000 0 (5,000)
Street Sweeps and Repairs 1,000 1,000 1,075 75
Municipal Court Fees 111,000 111,000 68,818 (42,182)
Building Inspection Fees 12,000 12,000 25,442 13,442
Planning Fees 60,000 60,000 120,868 60,868
Engineering Fees 66,000 66,000 53,272 (12,728)
Other Development Service Fees 0 0 60 60
Certificate Searches 13,000 13,000 12,169 (831)
Other 1,000 1,000 1,052 52
Total Charges for Services 1,755,000 1,755,000 1,839,767 84,767
Fines, Forfeits and Penalties
Municipal Court Fines 1,690,000 1,690,000 2,324,073 634,073
Other Fines and Penalties 0 0 6,575 6,575
Total Fines, Forfeits and Penalties 1,690,000 1,690,000 2,330,648 640,648
Special Assessments 1,000 1,000 0 (1,000)
Use of Money and Property
Investment Income 477,000 477,000 467,152 (9,848)
Rents and Royalties 74,000 74,000 113,724 39,724
Total Use of Money and Property 551,000 551,000 580,876 29,876
Miscellaneous
Contributions 27,000 27,000 21,475 (5,525)
Reimbursed Expenditures 6,000 6,000 32,803 26,803
Collections Service Fees 97,000 97,000 97,552 552
Other 34,000 34,000 68,716 34,716
Total Miscellaneous 164,000 164,000 220,546 56,546
Total Revenues 24,861,989 24,886,989 26,175,662 1,288,673
(Continued)
75
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF REVENUES AND OTHER FINANCING SOURCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Other Financing Sources
Operating Transfers In 6,235,000$ 6,235,000$ 6,236,793$ 1,793$
Sale of General Fixed Assets 41,000 41,000 30,106 (10,894)
Total Other Financing Sources 6,276,000 6,276,000 6,266,899 (9,101)
Total General Fund Revenues and Other
Financing Sources 31,137,989 31,162,989 32,442,561 1,279,572
Economic Development Fund
Investment Income 43,600 43,600 36,444 (7,156)
Operating Transfers In 250,000 250,000 299,900 49,900
Total Economic Development Fund 293,600 293,600 336,344 42,744
Parks Xtra Education Fund
Charges for Services 55,100 55,100 90,444 35,344
Investment Income 5,200 5,200 2,986 (2,214)
Total Parks Xtra Education Fund 60,300 60,300 93,430 33,130
Police Seizure Fund
Intergovernmental Revenue 0 0 8,359 8,359
Investment Income 1,200 1,200 957 (243)
Total Police Seizure Fund 1,200 1,200 9,316 8,116
Court Technology Fee Fund
Charges For Services 103,000 103,000 76,153 (26,847)
Investment Income 6,800 6,800 5,931 (869)
Total Court Technology Fee Fund 109,800 109,800 82,084 (27,716)
Court Security Fee Fund
Charges For Services 74,500 74,500 57,487 (17,013)
Investment Income 6,600 6,600 5,175 (1,425)
Total Court Security Fee Fund 81,100 81,100 62,662 (18,438)
Court Efficiency Time Payment Fee Fund
Charges For Services 0 0 3,962 3,962
Investment Income 0 0 604 604
Total Court Efficiency Time Payment Fee Fund 0 0 4,566 4,566
(Continued)
76
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF REVENUES AND OTHER FINANCING SOURCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Thoroughfare Rehabilitation Fund
Investment Income 0$ 0$ 78$ 78$
Total Thoroughfare Rehabilitation Fund 0 0 78 78
Total All General Fund Revenues and Other
Financing Sources 31,683,989$ 31,708,989$ 33,031,041$ 1,322,052$
(Continued)
77
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
General Government
City Secretary
Salaries and Benefits 169,050$ 170,047$ 176,515$ 6,468$
Supplies 22,463 22,463 21,990 (473)
Maintenance 4,529 4,529 4,762 233
Purchased Professional Services 19,681 19,681 20,282 601
Purchased Property Services 4,433 4,433 5,295 862
Other Purchased Services 81,116 73,772 67,729 (6,043)
Total City Secretary 301,272 294,925 296,573 1,648
City Manager
Salaries and Benefits 552,839 573,065 581,038 7,973
Supplies 19,339 19,339 16,787 (2,552)
Maintenance 9,290 9,290 9,290 0
Purchased Professional Services 0 0 5,789 5,789
Purchased Property Services 3,790 3,790 4,924 1,134
Other Purchased Services 38,163 38,163 41,831 3,668
Total City Manager 623,421 643,647 659,659 16,012
Legal
Salaries and Benefits 518,435 541,500 554,727 13,227
Supplies 37,831 37,831 45,149 7,318
Maintenance 6,230 6,230 6,551 321
Purchased Professional Services 40 40 57 17
Purchased Property Services 2,990 2,990 3,682 692
Other Purchased Services 29,678 29,678 20,486 (9,192)
Total Legal 595,204 618,269 630,652 12,383
Economic Development
Salaries and Benefits 170,771 171,436 169,643 (1,793)
Supplies 5,680 5,680 3,720 (1,960)
Maintenance 1,550 1,550 1,550 0
Purchased Professional Services 94,980 130,475 16,524 (113,951)
Purchased Property Services 1,650 1,650 1,160 (490)
Other Purchased Services 29,015 29,015 16,870 (12,145)
Total Economic Development 303,646 339,806 209,467 (130,339)
(Continued)
78
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Community Development
Salaries and Benefits 442,320$ 444,648$ 450,116$ 5,468$
Supplies 11,989 11,989 5,547 (6,442)
Maintenance 12,831 12,831 10,941 (1,890)
Purchased Professional Services 31,377 31,377 32,951 1,574
Purchased Property Services 52,931 52,931 54,911 1,980
Other Purchased Services 33,379 33,379 17,294 (16,085)
Total Community Development 584,827 587,155 571,760 (15,395)
Public Relations
Salaries and Benefits 122,063 122,728 125,094 2,366
Supplies 6,068 6,068 3,597 (2,471)
Maintenance 2,730 2,730 2,123 (607)
Purchased Professional Services 1,990 1,990 193 (1,797)
Purchased Property Services 790 790 1,455 665
Other Purchased Services 75,029 82,373 70,960 (11,413)
Total Public Relations 208,670 216,679 203,422 (13,257)
Human Resources
Salaries and Benefits 310,146 311,813 327,188 15,375
Supplies 27,665 31,065 29,319 (1,746)
Maintenance 5,730 5,730 5,730 0
Purchased Professional Services 0 0 324 324
Purchased Property Services 3,780 3,780 4,747 967
Other Purchased Services 40,779 42,600 38,977 (3,623)
Total Human Resources 388,100 394,988 406,285 11,297
Budget/Research Division
Salaries and Benefits 230,704 231,701 222,957 (8,744)
Supplies 2,600 2,600 2,435 (165)
Maintenance 2,590 2,590 2,590 0
Purchased Professional Services 36,400 36,400 28,719 (7,681)
Purchased Property Services 800 800 1,108 308
Other Purchased Services 17,810 17,810 23,372 5,562
Total Budget/Research Division 290,904 291,901 281,181 (10,720)
Total General Government 3,296,044 3,387,370 3,258,999 (128,371)
(Continued)
79
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Fiscal Services
Financial Administration
Salaries and Benefits 170,585$ 171,250$ 170,134$ (1,116)$
Supplies 10,000 10,000 8,340 (1,660)
Maintenance 2,070 2,070 2,262 192
Purchased Professional Services 114,530 129,411 128,392 (1,019)
Purchased Property Services 870 870 1,127 257
Other Purchased Services 14,885 14,885 11,962 (2,923)
Total Financial Administration 312,940 328,486 322,217 (6,269)
Accounting
Salaries and Benefits 501,176 504,336 480,785 (23,551)
Supplies 16,844 16,844 15,518 (1,326)
Maintenance 6,760 6,760 7,508 748
Purchased Professional Services 82,945 82,945 78,038 (4,907)
Purchased Property Services 6,040 6,040 4,134 (1,906)
Other Purchased Services 99,690 99,690 88,838 (10,852)
Total Accounting 713,455 716,615 674,821 (41,794)
Purchasing
Salaries and Benefits 230,063 231,393 230,045 (1,348)
Supplies 1,250 1,250 1,282 32
Maintenance 3,100 3,100 3,100 0
Purchased Professional Services 16,300 16,300 6,638 (9,662)
Purchased Property Services 1,580 1,580 2,403 823
Other Purchased Services 20,810 20,810 14,171 (6,639)
Total Purchasing 273,103 274,433 257,639 (16,794)
Municipal Court
Salaries and Benefits 495,295 513,676 556,009 42,333
Supplies 15,250 15,250 15,592 342
Maintenance 8,510 8,510 9,455 945
Purchased Professional Services 19,835 19,835 39,396 19,561
Purchased Property Services 5,080 5,080 9,563 4,483
Other Purchased Services 64,545 64,545 50,051 (14,494)
Total Municipal Court 608,515 626,896 680,066 53,170
(Continued)
80
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Risk Management
Salaries and Benefits 139,860$ 140,359$ 143,328$ 2,969$
Supplies 3,170 3,170 1,080 (2,090)
Maintenance 1,590 1,590 1,540 (50)
Purchased Professional Services 150 150 433 283
Purchased Property Services 1,210 1,210 1,575 365
Other Purchased Services 8,307 8,307 9,354 1,047
Total Risk Management 154,287 154,786 157,310 2,524
Total Fiscal Services 2,062,300 2,101,216 2,092,053 (9,163)
Police
Police Administration
Salaries and Benefits 618,212 620,208 659,974 39,766
Supplies 7,616 7,616 10,963 3,347
Maintenance 2,050 2,050 2,695 645
Purchased Professional Services 100 100 4,712 4,612
Other Purchased Services 23,120 24,516 35,447 10,931
Total Police Administration 651,098 654,490 713,791 59,301
Uniform Patrol
Salaries and Benefits 3,664,938 3,685,951 3,781,552 95,601
Supplies 81,782 81,782 27,987 (53,795)
Maintenance 55,780 55,780 56,155 375
Purchased Professional Service 31,955 31,955 31,983 28
Purchased Property Services 650 650 0 (650)
Other Purchased Services 143,315 146,184 148,634 2,450
Capital Outlay 0 14,780 51,016 36,236
Total Uniform Patrol 3,978,420 4,017,082 4,097,327 80,245
Criminal Investigation
Salaries and Benefits 827,448 831,202 778,447 (52,755)
Supplies 10,419 10,419 9,078 (1,341)
Maintenance 8,864 8,864 8,760 (104)
Purchased Professional Services 18,689 18,689 19,735 1,046
Purchased Property Services 585 585 520 (65)
Other Purchased Services 37,024 37,024 35,447 (1,577)
Capital Outlay 0 0 14,995 14,995
(Continued)
81
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Total Criminal Investigation 903,029$ 906,783$ 866,982$ (39,801)$
Personnel Services
Salaries and Benefits 247,309 248,668 201,570 (47,098)
Supplies 23,480 23,480 19,269 (4,211)
Maintenance 1,800 1,800 1,800 0
Purchased Professional Service 23,240 23,240 22,968 (272)
Other Purchased Services 15,301 16,186 11,191 (4,995)
Total Personnel Services 311,130 313,374 256,798 (56,576)
Quartermaster
Salaries and Benefits 29,886 30,219 29,986 (233)
Supplies 167,682 170,082 150,334 (19,748)
Maintenance 238,536 238,536 242,394 3,858
Purchased Professional Services 11,996 11,996 9,874 (2,122)
Purchased Property Services 104,070 104,070 102,645 (1,425)
Other Purchased Services 197,125 197,125 220,905 23,780
Total Quartermaster 749,295 752,028 756,138 4,110
Communications/Jail
Salaries and Benefits 1,026,976 1,034,451 1,053,253 18,802
Supplies 8,662 8,662 10,992 2,330
Maintenance 43,023 33,773 27,515 (6,258)
Purchased Professional Services 6,818 16,068 11,377 (4,691)
Other Purchased Services 37,524 40,234 37,942 (2,292)
Capital Outlay 19,500 19,500 15,792 (3,708)
Total Communications/Jail 1,142,503 1,152,688 1,156,871 4,183
Special Services
Salaries and Benefits 574,789 577,829 603,550 25,721
Supplies 15,747 15,747 22,069 6,322
Maintenance 7,933 7,933 7,746 (187)
Purchased Professional Services 57,432 57,432 46,597 (10,835)
Purchased Property Services 430 430 750 320
Other Purchased Services 37,650 42,959 37,398 (5,561)
Capital Outlay 27,925 27,925 0 (27,925)
Total Special Services 721,906 730,255 718,110 (12,145)
(Continued)
82
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Technical Services
Salaries and Benefits 366,733$ 369,079$ 265,173$ (103,906)$
Supplies 4,780 4,780 2,462 (2,318)
Maintenance 690 690 690 0
Purchased Professional Services 0 0 8 8
Other Purchased Services 17,527 17,527 8,735 (8,792)
Total Technical Services 389,730 392,076 277,068 (115,008)
Total Police 8,847,111 8,918,776 8,843,085 (75,691)
Fire
Fire Administration
Salaries and Benefits 299,664 301,329 309,767 8,438
Supplies 12,320 12,320 11,806 (514)
Maintenance 30,146 30,146 28,697 (1,449)
Purchased Professional Services 523 523 0 (523)
Purchased Property Services 36,999 36,999 36,609 (390)
Other Purchased Services 31,375 31,375 29,950 (1,425)
Capital Outlay 3,400 43,770 40,370 (3,400)
Total Fire Administration 414,427 456,462 457,199 737
Fire Suppression
Salaries and Benefits 3,066,371 3,081,838 2,846,037 (235,801)
Supplies 158,895 158,895 117,618 (41,277)
Maintenance 115,991 115,991 121,272 5,281
Purchased Professional Services 2,637 2,637 1,573 (1,064)
Purchased Property Services 55,510 55,510 48,913 (6,597)
Other Purchased Services 189,907 189,907 171,132 (18,775)
Capital Outlay 90,607 90,607 6,638 (83,969)
Total Fire Suppression 3,679,918 3,695,385 3,313,183 (382,202)
Fire Prevention
Salaries and Benefits 504,983 508,005 533,846 25,841
Supplies 33,162 33,162 40,530 7,368
Maintenance 18,782 18,782 18,370 (412)
Purchased Professional Services 7,768 7,768 8,195 427
Purchased Property Services 2,802 2,802 2,064 (738)
Other Purchased Services 38,024 38,024 67,032 29,008
(Continued)
83
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Capital Outlay 24,000$ 24,000$ 0$ (24,000)$
Total Fire Prevention 629,521 632,543 670,037 37,494
Emergency Medical Services
Salaries and Benefits 1,625,537 1,660,425 1,661,377 952
Supplies 109,733 109,733 101,611 (8,122)
Maintenance 47,863 47,863 49,568 1,705
Purchased Professional Services 15,891 15,891 10,896 (4,995)
Purchased Property Services 9,219 9,219 10,621 1,402
Other Purchased Services 65,946 65,946 66,690 744
Capital Outlay 20,000 20,000 19,158 (842)
Total Emergency Medical Services 1,894,189 1,929,077 1,919,921 (9,156)
Total Fire 6,618,055 6,713,467 6,360,340 (353,127)
Development Services
Development Services Administration
Salaries and Benefits 578,905 582,244 576,595 (5,649)
Supplies 16,328 16,328 40,691 24,363
Maintenance 11,109 11,109 17,558 6,449
Purchased Professional Services 17,383 17,383 54,317 36,934
Purchased Property Services 3,305 3,305 1,536 (1,769)
Other Purchased Services 55,671 55,671 49,839 (5,832)
Total Development Services Administration 682,701 686,040 740,536 54,496
Engineering
Salaries and Benefits 192,002 192,667 120,756 (71,911)
Supplies 1,100 1,100 17,334 16,234
Maintenance 1,610 1,610 1,610 0
Purchased Professional Services 8,000 8,000 2,624 (5,376)
Purchased Property Services 1,690 1,690 1,181 (509)
Other Purchased Services 8,115 8,115 4,469 (3,646)
Total Engineering 212,517 213,182 147,974 (65,208)
(Continued)
84
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Planning
Salaries and Benefits 854,339$ 857,678$ 822,724$ (34,954)$
Supplies 22,531 22,741 30,043 7,302
Maintenance 24,382 24,382 26,506 2,124
Purchased Professional Services 16,378 54,991 10,019 (44,972)
Purchased Property Services 4,784 4,784 5,921 1,137
Other Purchased Services 101,746 101,746 85,882 (15,864)
Total Planning 1,024,160 1,066,322 981,095 (85,227)
Total Development Services 1,919,378 1,965,544 1,869,605 (95,939)
Public Works
Public Works Administration
Salaries and Benefits 426,687 428,685 443,018 14,333
Supplies 15,675 15,675 12,999 (2,676)
Maintenance 7,580 7,580 7,634 54
Purchased Property Services 27,860 27,860 27,496 (364)
Other Purchased Services 15,005 15,005 18,803 3,798
Total Public Works Administration 492,807 494,805 509,950 15,145
Facilities Maintenance
Salaries and Benefits 282,513 284,187 299,664 15,477
Supplies 18,894 18,894 14,544 (4,350)
Maintenance 418,930 451,279 391,372 (59,907)
Purchased Professional Services 174,157 174,157 158,229 (15,928)
Purchased Property Services 70,410 70,410 73,429 3,019
Other Purchased Services 24,514 24,514 23,772 (742)
Total Facilities Maintenance 989,418 1,023,441 961,010 (62,431)
Streets Maintenance
Salaries and Benefits 811,576 816,278 751,007 (65,271)
Supplies 58,170 58,170 54,581 (3,589)
Maintenance 1,066,516 1,066,516 1,110,845 44,329
Purchased Professional Services 17,150 17,150 5,213 (11,937)
Purchased Property Services 25,744 25,744 28,574 2,830
Other Purchased Services 176,773 176,773 344,899 168,126
Capital Outlay 172,500 172,500 0 (172,500)
Total Streets Maintenance 2,328,429 2,333,131 2,295,119 (38,012)
(Continued)
85
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Drainage Maintenance
Salaries and Benefits 197,739$ 199,427$ 207,233$ 7,806$
Supplies 8,460 8,460 9,160 700
Maintenance 97,460 97,460 105,852 8,392
Purchased Professional Services 0 0 61 61
Purchased Property Services 7,624 7,624 5,487 (2,137)
Other Purchased Services 40,058 40,058 40,061 3
Total Drainage Maintenance 351,341 353,029 367,854 14,825
Traffic Signs/Markings
Salaries and Benefits 75,907 76,261 64,536 (11,725)
Supplies 64,934 64,934 64,969 35
Maintenance 15,039 15,039 7,601 (7,438)
Purchased Professional Services 0 0 44 44
Purchased Property Services 704 704 145 (559)
Other Purchased Services 5,301 5,301 5,047 (254)
Total Traffic Signs/Markings 161,885 162,239 142,342 (19,897)
Traffic Signals
Salaries and Benefits 275,453 277,141 290,123 12,982
Supplies 8,203 8,203 5,864 (2,339)
Maintenance 61,608 61,608 59,000 (2,608)
Purchased Professional Services 1,560 1,560 43 (1,517)
Purchased Property Services 103,173 103,173 83,877 (19,296)
Other Purchased Services 23,986 23,986 21,415 (2,571)
Total Traffic Signals 473,983 475,671 460,322 (15,349)
Engineering
Salaries and Benefits 568,450 571,129 500,096 (71,033)
Supplies 5,255 5,255 15,574 10,319
Maintenance 13,230 13,230 10,160 (3,070)
Purchased Professional Services 84,198 84,198 45,932 (38,266)
Purchased Property Services 8,998 8,998 7,380 (1,618)
Other Purchased Services 26,849 26,849 25,911 (938)
Capital Outlay 0 0 4,619 4,619
Total Engineering 706,980 709,659 609,672 (99,987)
(Continued)
86
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Total Public Works 5,504,843$ 5,551,975$ 5,346,269$ (205,706)$
Parks and Recreation
Parks Administration
Salaries and Benefits 497,099 500,098 513,048 12,950
Supplies 16,510 16,510 16,146 (364)
Maintenance 11,330 11,330 11,071 (259)
Purchased Professional Services 0 8,000 5,400 (2,600)
Purchased Property Services 2,330 2,330 2,876 546
Other Purchased Services 35,870 35,870 34,144 (1,726)
Capital Outlay 0 80,000 0 (80,000)
Contributions 0 0 73,366 73,366
Total Parks Administration 563,139 654,138 656,051 1,913
Recreation
Salaries and Benefits 466,875 468,377 486,223 17,846
Supplies 132,097 132,097 113,801 (18,296)
Maintenance 15,207 15,207 14,878 (329)
Purchased Professional Service 129,410 129,410 103,322 (26,088)
Purchased Property Services 105,280 105,280 87,261 (18,019)
Other Purchased Services 121,504 121,504 121,456 (48)
Other 21,710 21,710 18,462 (3,248)
Total Recreation 992,083 993,585 945,403 (48,182)
Special Facilities
Salaries and Benefits 1,116,040 1,119,889 1,202,329 82,440
Supplies 136,450 138,550 129,130 (9,420)
Maintenance 331,788 417,866 169,708 (248,158)
Purchased Professional Services 43,076 46,606 23,613 (22,993)
Purchased Property Services 129,098 130,298 119,037 (11,261)
Other Purchased Services 111,503 111,503 103,501 (8,002)
Capital Outlay 4,000 4,000 3,560 (440)
Total Special Facilities 1,871,955 1,968,712 1,750,878 (217,834)
(Continued)
87
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Parks Maintenance
Salaries and Benefits 1,025,055$ 1,032,813$ 1,009,440$ (23,373)$
Supplies 160,740 160,740 99,405 (61,335)
Maintenance 166,790 166,790 169,219 2,429
Purchased Professional Services 2,442 2,442 2,495 53
Purchased Property Services 190,276 190,276 199,941 9,665
Other Purchased Services 86,775 86,775 84,012 (2,763)
Capital Outlay 142,290 173,528 192,653 19,125
Total Parks Maintenance 1,774,368 1,813,364 1,757,165 (56,199)
Forestry
Salaries and Benefits 464,701 468,369 479,892 11,523
Supplies 23,072 23,072 27,328 4,256
Maintenance 58,961 58,961 58,396 (565)
Purchased Professional Services 271,788 271,788 204,692 (67,096)
Purchased Property Services 44,102 44,102 30,829 (13,273)
Other Purchased Services 32,292 32,292 34,549 2,257
Total Forestry 894,916 898,584 835,686 (62,898)
Total Parks and Recreation 6,096,461 6,328,383 5,945,183 (383,200)
Office of Technology and Information Services
Administration
Salaries and Benefits 327,802 329,473 323,655 (5,818)
Supplies 6,400 6,400 8,668 2,268
Maintenance 7,020 7,020 7,020 0
Purchased Professional Services 152,000 152,000 42,619 (109,381)
Purchased Property Services 8,419 8,419 13,139 4,720
Other Purchased Services 36,195 36,195 34,443 (1,752)
Total Administration 537,836 539,507 429,544 (109,963)
Geographic Information Systems
Salaries and Benefits 119,497 120,162 109,537 (10,625)
Supplies 3,612 3,612 22,236 18,624
Maintenance 1,040 1,040 1,040 0
Purchased Professional Services 77,944 77,944 55,131 (22,813)
Purchased Property Services 651 651 689 38
Other Purchased Services 9,647 9,647 16,470 6,823
(Continued)
88
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Capital Outlay 0$ 0$ 6,675$ 6,675$
Total Geographic Information Services 212,391 213,056 211,778 (1,278)
Management Information Services
Salaries and Benefits 892,612 897,671 907,612 9,941
Supplies 114,938 114,938 227,352 112,414
Maintenance 416,082 416,082 397,491 (18,591)
Purchased Professional Services 10,000 10,000 12,603 2,603
Purchased Property Services 15,118 15,118 16,850 1,732
Other Purchased Services 39,497 39,497 36,644 (2,853)
Capital Outlay 186,275 186,275 55,921 (130,354)
Total Management Information Services 1,674,522 1,679,581 1,654,473 (25,108)
Total Office of Technology and Information
Services 2,424,749 2,432,144 2,295,795 (136,349)
Library Services
Supplies 350 350 318 (32)
Maintenance 5,670 5,670 5,605 (65)
Purchased Professional Services 671,865 671,865 622,843 (49,022)
Purchased Property Services 33,984 33,984 32,446 (1,538)
Other Purchased Services 4,525 4,525 9,605 5,080
Capital Outlay 68,000 68,000 63,265 (4,735)
Total Library Services 784,394 784,394 734,082 (50,312)
Nondepartmental
Operating Transfers Out 0 478,091 480,190 2,099
Contributions 207,998 207,998 208,485 487
Other 210,000 210,000 76,299 (133,701)
Capital Outlay 150,500 150,500 150,000 (500)
Contingency 225,000 89,565 0 (89,565)
Total Nondepartmental 793,498 1,136,154 914,974 (221,180)
Subtotal 38,346,833 39,319,423 37,660,385 (1,659,038)
Less Reimbursed Administrative (5,897,958)(5,897,958)(5,875,968)21,990
General Fund Expenditures and Other
Financing uses 32,448,875 33,421,465 31,784,417 (1,637,048)
(Continued)
89
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Economic Development Fund
Purchased Professional Services 0$ 0$ 24,152$ 24,152$
Other Purchased Services 0 0 7,705 7,705
Contributions 0 0 50,000 50,000
Other 900,000 900,000 40,217 (859,783)
Total Economic Development Fund 900,000 900,000 122,074 (777,926)
Parks Xtra Education Fund
Supplies 12,980 12,980 6,689 (6,291)
Purchased Professional Services 40,000 40,000 34,449 (5,551)
Purchased Property Services 2,000 2,000 1,139 (861)
Other Purchased Services 23,650 23,650 15,177 (8,473)
Reimbursed Administrative 26,735 26,735 26,735 0
Total Parks Xtra Education Fund 105,365 105,365 84,189 (21,176)
Police Seizure Fund
Supplies 7,000 7,000 7,259 259
Purchased Professional Services 0 0 6,000 6,000
Other Purchased Services 0 0 78 78
Capital Outlay 4,000 4,000 4,030 30
Total Police Seizure Fund 11,000 11,000 17,367 6,367
Court Technology Fee Fund
Supplies 0 0 2,084 2,084
Capital Outlay 192,000 202,600 35,596 (167,004)
Total Court Technology Fee Fund 192,000 202,600 37,680 (164,920)
Court Security Fee Fund
Capital Outlay 15,000 15,000 0 (15,000)
Reimbursed Administrative 66,100 66,100 32,356 (33,744)
Total Court Security Fee Fund 81,100 81,100 32,356 (48,744)
Court Efficiency Time Payment Fee Fund
Purchased Professional Services 0 0 500 500
Total Court Efficiency Time Payment Fee Fund 0 0 500 500
Total General Fund Expenditures and Other
Financing Uses 33,738,340$ 34,721,530$ 32,078,583$ (2,642,947)$
(Continued)
90
91
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for specific revenues that are legally restricted to
expenditures for particular purposes.
Community Development - to account for funds granted to the City by the Federal Department of
Housing and Urban Development for use on various community improvement projects.
Convention Center - to account for the receipt and expenditure of funds received by the City in
the operation and maintenance of a convention center. Revenues associated with this fund are
derived from the hotel and motel occupancy tax and convention center rentals.
Hotel/Motel Tax - to account for the receipt and expenditure of funds received by the City from
the assessment of hotel and motel occupancy tax. Usage of funds is restricted to the
construction and maintenance of convention and civic facilities and to the promotion of tourism
and arts within the City.
Melrose Apartment Tax Increment Financing District - to account for the receipt and expenditure
of funds received by the City from the creation of a tax increment financing district for the
Melrose Apartments.
Parks Escrow - to account for the receipt and expenditure of funds received by the City from
residential land developers, who dedicate land, or money in lieu of land, for use in the
development of neighborhood parks in residential areas.
Wolf Pen Creek Tax Increment Financing District - to account for the receipt and expenditure of
funds received by the City from the creation of a tax increment financing district for the Wolf Pen
Creek area.
CITY OF COLLEGE STATION, TEXAS
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
SEPTEMBER 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Melrose
Apartment
Tax
Increment
Community
Development
Convention
Center Hotel/Motel
Financing
District
Current Assets
Equity in Cash and Cash Equivalents 305,296$ 4,766,566$ 911,829$ 51,224$
Equity in Investment 257,981 4,027,836 770,512 43,285
Receivables
Accrued Interest 0 46,823 9,047 315
Grants 184,321 0 0 0
Accounts 0 0 6,669 0
Loans 85,393 0 0 0
Less Allowance for Uncollectable Accounts 0 0 (860)0
Total Assets 832,991$ 8,841,225$ 1,697,197$ 94,824$
Liabilities and Fund Balances
Liabilities
Accounts Payable 32,315$ 24,196$ 21,000$ 0$
Retainage Payable 11,221 0 0 0
Advance from Other Funds 0 0 200,000 0
Refundable Deposits 0 0 19,044 0
Accrued Liabilities (2,528)0 81 0
Other Deferred Revenues 85,379 0 3,959 0
Total Liabilities 126,387 24,196 244,084 0
Fund Balances
Reserved
Reserved for Encumbrances 397,848 1,681,719 82,124 0
Unreserved
Undesignated 308,756 7,135,310 1,370,989 94,824
Total Fund Balances 706,604 8,817,029 1,453,113 94,824
Total Liabilities and Fund Balances 832,991$ 8,841,225$ 1,697,197$ 94,824$
92
Wolf Pen
Creek Tax
Increment Totals
Parks Escrow
Financing
District 2002 2001
711,411$ 1,757,730$ 8,504,056$ 6,905,374$
601,156 1,485,314 7,186,084 7,358,980
7,507 15,957 79,649 150,031
0 0 184,321 187,977
0 0 6,669 11,463
0 0 85,393 94,525
0 0 (860)(2,698)
1,320,074$ 3,259,001$ 16,045,312$ 14,705,652$
0$ 19,918$ 97,429$ 176,830$
0 14,121 25,342 0
0 0 200,000 200,000
0 0 19,044 17,387
0 0 (2,447)(535)
0 0 89,338 98,470
0 34,039 428,706 492,152
2,950 991,810 3,156,451 1,463,995
1,317,124 2,233,152 12,460,155 12,749,505
1,320,074 3,224,962 15,616,606 14,213,500
1,320,074$ 3,259,001$ 16,045,312$ 14,705,652$
93
CITY OF COLLEGE STATION, TEXAS
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Melrose
Community
Development
Convention
Center Hotel/Motel Tax
Apartment Tax
Increment
Financing District
Revenues
Taxes 0$ 0$ 1,926,009$ 77,875$
Charges for Services 0 0 25,341 0
Intergovernmental 2,139,541 0 0 0
Fines, Forfeits and Penalties 0 0 0 0
Investment Income 0 329,134 61,893 3,824
Rents and Royalties 0 0 114,668 0
Loan Repayments 9,626 0 0 0
Other 36,683 0 18,494 0
Total Revenues 2,185,850 329,134 2,146,405 81,699
Expenditures
Current
General Government 0 0 202,860 0
Development Services 0 0 5,031 0
Parks and Recreation 0 0 0 0
Community Development Block Grant 538,901 0 0 0
Home Grant 626,848 0 0 0
Housing Rehabilitation 0 0 0 0
Optional Relocation 0 0 0 0
Clearance and Demolition 0 0 0 0
Acquisitions 0 0 0 0
Interim Assistance 0 0 0 0
Homebuyer's Assistance 0 0 0 0
Commercial Rehabilitation 0 0 0 0
Commercial Development Housing Organization 0 0 0 0
External Public Facilities 0 0 0 0
Reimbursed Administrative 649,434 50,000 549,862 0
Contributions 0 0 1,140,400 0
Other 0 6,549 16,438 0
Capital Outlay 0 567,220 0 200,000
Debt Service
Debt Issuance Cost 0 0 0 0
Total Expenditures 1,815,183 623,769 1,914,591 200,000
Excess (Deficiency) of Revenues Over (Under) Expenditures 370,667 (294,635)231,814 (118,301)
Other Financing Sources (Uses)
Proceeds from Long-Term Debt Issuance 0 0 0 0
Operating Transfers In 0 0 0 0
Operating Transfer Out (536,678)(127,529)(148,052)0
Total Other Financing Sources (Uses)(536,678)(127,529)(148,052)0
Excess (Deficiency) of Revenues and Other Financing
Sources Over (Under) Expenditures and Other Financing
Uses (166,011)(422,164)83,762 (118,301)
Fund Balances, October 1 872,615 9,239,193 1,369,351 213,125
Fund Balances, September 30 706,604$ 8,817,029$ 1,453,113$ 94,824$
94
Wolf Pen Totals
Parks Escrow
Creek Tax
Increment Financing
District 2002 2001
0$ 430,233$ 2,434,117$ 2,779,714$
0 0 25,341 9,900
0 0 2,139,541 1,874,595
0 0 0 2,667
94,750 89,847 579,448 678,272
0 0 114,668 118,791
0 0 9,626 9,979
209,347 0 264,524 392,439
304,097 520,080 5,567,265 5,866,357
0 0 202,860 0
0 0 5,031 174,385
0 0 0 10,572
0 0 538,901 0
0 0 626,848 0
0 0 0 64,708
0 0 0 382,066
0 0 0 7,500
0 0 0 53,188
0 0 0 1,941
0 0 0 83,561
0 0 0 8,217
0 0 0 32,122
0 0 0 130,000
15,000 0 1,264,296 1,126,284
0 0 1,140,400 1,250,529
8,233 519 31,739 4,214
53,317 521,088 1,341,625 418,248
0 12,000 12,000 0
76,550 533,607 5,163,700 3,747,535
227,547 (13,527)403,565 2,118,822
0 2,316,800 2,316,800 0
0 120,000 120,000 3,650,000
(120,000)(505,000)(1,437,259)(478,693)
(120,000)1,931,800 999,541 3,171,307
107,547 1,918,273 1,403,106 5,290,129
1,212,527 1,306,689 14,213,500 8,923,371
1,320,074$ 3,224,962$ 15,616,606$ 14,213,500$
95
CITY OF COLLEGE STATION, TEXAS
COMMUNITY DEVELOPMENT FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over (Under)
Revenues
Intergovernmental
Community Development Block Grant 2,799,889$ 2,799,889$ 1,410,624$ (1,389,265)$
Home Grant 1,821,620 1,821,620 728,917 (1,092,703)
Loan Repayments 0 0 8,762 8,762
Interest on Loans 0 0 864 864
Other 20,000 20,000 36,681 16,681
Total Revenues 4,641,509 4,641,509 2,185,848 (2,455,661)
Expenditures
Community Development Block Grant 2,339,397 2,339,397 538,901 (1,800,496)
Reimbursed Administrative 460,492 460,492 0 (460,492)
Home Grant 1,623,439 1,623,439 626,848 (996,591)
Reimbursed Administrative 200,181 200,181 649,434 449,253
Affordable Housing 198,127 198,127 0 (198,127)
Total Expenditures 4,821,636 4,821,636 1,815,183 (3,006,453)
Excess (Deficiency) of Revenues Over (Under)
Expenditures (180,127)(180,127)370,665 550,792
Other Financing Uses
Operating Transfers Out 0 0 (536,678)(536,678)
Total Other Financing Uses 0 0 (536,678)(536,678)
Excess (Deficiency) of Revenues and Other
Financing Sources Over (Under) Expenditures (180,127)(180,127)(166,013)14,114
Fund Balances, October 1 261,448 261,448 442,105 180,657
Fund Balances, September 30 81,321$ 81,321$ 276,092$ 194,771$
96
97
CITY OF COLLEGE STATION, TEXAS
CONVENTION CENTER FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Investment Income 400,000$ 400,000$ 423,104$ 23,104$
Total Revenues 400,000 400,000 423,104 23,104
Expenditures
Current
Purchased Professional Services 0 0 6,210 6,210
Other Purchased Services 0 0 338 338
Reimbursed Administrative 50,000 50,000 50,000 0
Debt Service
Principal Retirement 230,000 230,000 0 (230,000)
Capital Outlay 3,500,000 3,500,000 567,220 (2,932,780)
Total Expenditures 3,780,000 3,780,000 623,768 (3,156,232)
Excess (Deficiency) of Revenues Over (Under)
Expenditures (3,380,000)(3,380,000)(200,664)3,179,336
Other Financing Uses
Operating Transfers Out 0 0 (127,529)(127,529)
Total Other Financing Uses 0 0 (127,529)(127,529)
Excess (Deficiency) of Revenues Over (Under)
Expenditures and Other Financing Uses (3,380,000)(3,380,000)(328,193)3,051,807
Fund Balances, October 1 5,636,497 5,636,497 9,124,542 3,488,045
Fund Balances, September 30 2,256,497$ 2,256,497$ 8,796,349$ 6,539,852$
97
CITY OF COLLEGE STATION, TEXAS
HOTEL/MOTEL TAX FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Taxes 0$ 1,876,000$ 1,926,009$ 50,009$
Charges for Services 0 13,000 25,341 12,341
Investment Income 0 82,000 79,577 (2,423)
Rents and Royalties 0 116,000 114,668 (1,332)
Other 0 21,000 17,822 (3,178)
Total Revenues 0 2,108,000 2,163,417 55,417
Expenditures
Current
Development Services 0 267,600 196,062 (71,538)
Public Relations 0 6,200 6,798 598
Financial Services 0 0 5,031 5,031
Reimbursed Administrative 0 608,256 549,862 (58,394)
Contributions 0 1,140,400 1,140,400 0
Other 0 100,000 16,435 (83,565)
Debt Service
Principal Retirement 0 40,000 0 (40,000)
Contingency 0 20,000 0 (20,000)
Total Expenditures 0 2,182,456 1,914,588 (267,868)
Excess (Deficiency) of Revenues Over (Under)
Expenditures 0 (74,456)248,829 323,285
Other Financing Uses
Operating Transfers Out 0 (748,052)(148,052)(600,000)
Total Other Financing Uses 0 (748,052)(148,052)600,000
Excess (Deficiency) of Revenues Over (Under)
Expenditures and Other Financing Uses 0 (822,508)100,777 923,285
Fund Balances, October 1 0 400,618 1,353,645 953,027
Fund Balances (Deficits), September 30 0$ (421,890)$ 1,454,422$ 1,876,312$
98
CITY OF COLLEGE STATION, TEXAS
MELROSE APARTMENT TAX INCREMENT FINANCING DISTRICT FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Taxes 204,419$ 204,419$ 77,875$ (126,544)$
Investment Income 7,700 7,700 5,558 (2,142)
Total Revenues 212,119 212,119 83,433 (128,686)
Expenditures
Capital Outlay 225,000 225,000 200,000 (25,000)
Total Expenditures 225,000 225,000 200,000 (25,000)
Deficiency of Revenues Under Expenditures (12,881)(12,881)(116,567)(103,686)
Fund Balances (Deficits), October 1 (50,000)(50,000)209,727 259,727
Fund Balances (Deficits), September 30 (62,881)$ (62,881)$ 93,160$ 156,041$
99
CITY OF COLLEGE STATION, TEXAS
PARKS ESCROW FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Investment Income 35,000$ 35,000$ 106,822$ 71,822$
Other 50,000 50,000 209,347 159,347
Total Revenues 85,000 85,000 316,169 231,169
Expenditures
Current
Reimbursed Administrative 15,000 15,000 15,000 0
Other 0 0 700 700
Capital Outlay 281,389 281,389 60,697 (220,692)
Total Expenditures 296,389 296,389 76,397 (219,992)
Excess (Deficiency) of Revenues Over (Under )
Expenditures (211,389)(211,389)239,772 451,161
Other Financing Uses:
Operating Transfers Out (120,000)(120,000)(120,000)0
Total Other Financing Uses (120,000)(120,000)(120,000)0
Excess (Deficiency) of Revenues Over
(Under) Expenditures and Other Financing
Uses (331,389)(331,389)119,772 451,161
Fund Balances, October 1 75,229 74,529 1,200,086 1,125,557
Fund Balances, September 30 (256,160)$ (256,860)$ 1,319,858$ 1,576,718$
100
CITY OF COLLEGE STATION
WOLF PEN CREEK TAX INCREMENT FINANCING DISTRICT FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Taxes 422,000$ 422,000$ 430,233$ 8,233$
Investment Income 16,500 16,500 102,250 85,750
Total Revenues 438,500 438,500 532,483 93,983
Expenditures
Current:
Parks and Recreation 1,400 1,400 518 (882)
Debt Issuance Cost 0 0 12,000 12,000
Capital Outlay 3,286,300 3,286,300 511,147 (2,775,153)
Total Expenditures 3,287,700 3,287,700 523,665 (2,764,035)
Excess (Deficiency) of Revenues Over (Under)
Expenditures (2,849,200)(2,849,200)8,818 2,858,018
Other Financing sources (Uses):
Proceeds from Long Term Debt Issuance 2,300,000 2,300,000 2,316,800 16,800
Operating Transfers In 120,000 120,000 120,000 0
Operating Transfers Out 0 0 (505,000)(505,000)
Total Other Financing Sources (Uses)2,420,000 2,420,000 1,931,800 (488,200)
Excess (Deficiency) of Revenues and Other
Financing Sources Over (Under) Expenditures
and Other Financing Uses (429,200)(429,200)1,940,618 2,369,818
Fund Balances, October 1 83,889 83,889 1,290,945 1,207,056
Fund Balances, September 30 (345,311)$ (345,311)$ 3,231,563$ 3,576,874$
101
103
DEBT SERVICE FUND
The Debt Service Fund is used to account for the accumulation of resources and payment of
general obligation bond principal and interest from governmental resources and special
assessment bond principal and interest from special assessment levies when the government is
obligated in some manner for the payment.
CITY OF COLLEGE STATION, TEXAS
DEBT SERVICE FUND
SCHEDULE OF REVENUES AND EXPENDITURES
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Taxes 7,265,601$ 7,265,601$ 7,160,962$ (104,639)$
Investment Income 350,000 350,000 186,750 (163,250)
Accrued Bond Interest 0 0 110,469 110,469
Other 0 0 1,013 1,013
Total Revenues 7,615,601 7,615,601 7,459,194 (156,407)
Expenditures
Debt Service
Principal Payments 5,880,000 5,880,000 5,950,000 70,000
Interest Payments 3,168,263 3,168,263 3,425,391 257,128
Fiscal Charges 6,000 6,000 8,753 2,753
Debt Issuance Cost 9,000 9,000 0 (9,000)
Total Expenditures 9,063,263 9,063,263 9,384,144 320,881
Excess (Deficiency) of Revenues Over (Under)
Expenditures (1,447,662)(1,447,662)(1,924,950)(477,288)
Other Financing Sources
Operating Transfers In 1,023,410 1,023,410 753,672 (269,738)
Total Other Financing Sources 1,023,410 1,023,410 753,672 (269,738)
Deficiency of Revenues and Other Financing
Sources Under Expenditures (424,252)(424,252)(1,171,278)(747,026)
Fund Balances, October 1 3,657,717 3,657,717 3,548,004 (109,713)
Fund Balances, September 1 3,233,465$ 3,233,465$ 2,376,726$ (856,739)$
105
107
CAPITAL PROJECTS FUNDS
Capital Projects Funds are used to account for the acquisition and construction of major capital
improvements other than those financed by proprietary funds and trust funds.
Business Park - to account for the cost of street, water, and sewer improvements at the College Station
Business Park.
Drainage Projects - to account for the cost of drainage improvements made with funds provided by a
drainage utility fee and proceeds from the sale of general obligation funds.
General Government Projects - to account for the cost of new building construction and building
improvements made with funds provided by proceeds from the sale of general obligation bonds.
Parks Projects - to account for the costs of new parks and improvements to existing parks made with funds
provided from the sale of general obligation bonds.
Streets Projects - to account for the costs of new street construction, street improvements, and traffic
signalization made with funds provided by proceeds from the sale of general obligation bonds.
CITY OF COLLEGE STATION, TEXAS
CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEET
SEPTEMBER 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Business
Park
Drainage
Projects
General
Government
Projects
Parks
Projects
Current Assets
Equity in Cash and Cash Equivalents 1,255,673$ 3,498,273$ 3,514,028$ 508,575$
Equity in Investment 1,061,066 2,956,105 2,969,418 429,756
Receivables
Accrued Interest 12,267 33,883 35,907 5,265
Grants 0 0 0 0
Accounts 0 122,684 0 0
Less Allowance for Uncollectible Accounts 0 (10,340)0 0
Total Assets 2,329,006$ 6,600,605$ 6,519,353$ 943,596$
Liabilities and Fund Balances
Liabilities
Accounts Payable 19,742$ 21,257$ 224,428$ 37,630$
Retainage Payable 0 18,755 35,475 147,744
Accrued Liabilities 0 0 0 244
Customer Construction Advances 0 0 0 0
Total Liabilities 19,742 40,012 259,903 185,618
Fund Balances
Reserved
Reserved for Encumbrances 12,583 305,619 2,900,528 30,325
Reserved for Capital Projects 2,296,681 6,254,974 3,358,922 727,653
Total Fund Balances 2,309,264 6,560,593 6,259,450 757,978
Total Liabilities and Fund Balances 2,329,006$ 6,600,605$ 6,519,353$ 943,596$
108
Totals
Streets Projects 2002 2001
11,984,916$ 20,761,465$ 14,192,278$
10,127,475 17,543,820 15,124,554
119,998 207,320 338,477
37,743 37,743 178,512
246,774 369,458 116,025
0 (10,340)(8,209)
22,516,906$ 38,909,466$ 29,941,637$
513,359$ 816,416$ 574,813$
160,003 361,977 121,443
0 244 244
25,000 25,000 69,496
698,362 1,203,637 765,996
1,181,552 4,430,607 3,732,474
20,636,992 33,275,222 25,443,167
21,818,544 37,705,829 29,175,641
22,516,906$ 38,909,466$ 29,941,637$
109
CITY OF COLLEGE STATION, TEXAS
CAPITAL PROJECTS FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Business
Park
Drainage
Projects
General
Government
Projects
Parks
Projects
Revenues
Charges for Services 0$ 0$ 0$ 67,525$
Intergovernmental 0 0 0 0
Special Assessment 0 982,760 0 0
Investment Income 84,138 232,168 218,820 74,057
Contributions 0 0 105 0
Reimbursed Expenditures 0 0 0 0
Other 74 0 450 0
Total Revenues 84,212 1,214,928 219,375 141,582
Expenditures
Current
General Government 0 0 0 0
Reimbursed Administrative 70,000 560,000 55,000 55,000
Other 501 15,606 13,749 0
Capital Outlay 139,626 622,820 1,608,050 3,841,110
Debt Service
Issuance Costs 0 5,400 19,200 900
Total Expenditures 210,127 1,203,826 1,695,999 3,897,010
Excess (Deficiency) of Revenues Over (Under)
Expenditures (125,915)11,102 (1,476,624)(3,755,428)
Other Financing Sources (Uses)
Proceeds from Long Term Debt Issuance 0 785,000 3,346,800 129,000
Sale of General Fixed Assets 0 0 0 0
Operating Transfers In 0 0 12,231 89,000
Operating Transfer Out 0 0 (89,000)0
Total Other Financing Sources (Uses)0 785,000 3,270,031 218,000
Excess (Deficiency) of Revenues and Other Financing
Sources Over (Under) Expenditures and Other
Financing Uses (125,915)796,102 1,793,407 (3,537,428)
Fund Balances, October 1 2,435,179 5,764,491 4,466,043 4,295,406
Fund Balances, September 30 2,309,264$ 6,560,593$ 6,259,450$ 757,978$
110
Totals
Streets Projects 2002 2001
0$ 67,525$ 51,035$
9,761 9,761 879,648
0 982,760 944,286
702,874 1,312,057 1,791,185
329,664 329,769 379,920
0 0 527,500
0 524 8,210
1,042,299 2,702,396 4,581,784
318,675 318,675 0
260,000 1,000,000 622,767
25,291 55,147 254,779
5,489,358 11,700,964 9,090,898
78,000 103,500 77,206
6,171,324 13,178,286 10,045,650
(5,129,025)(10,475,890)(5,463,866)
13,478,600 17,739,400 7,292,870
0 0 556,580
1,254,447 1,355,678 4,400,773
0 (89,000)(305,000)
14,733,047 19,006,078 11,945,223
9,604,022 8,530,188 6,481,357
12,214,522 29,175,641 22,694,284
21,818,544$ 37,705,829$ 29,175,641$
111
CITY OF COLLEGE STATION, TEXAS
BUSINESS PARK FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES (DEFICITS)
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Investment Income 35,000$ 35,000$ 109,719$ 74,719$
Other 0 0 74 74
Total Revenues 35,000 35,000 109,793 74,793
Expenditures
Current
Reimbursed Administrative 70,000 70,000 70,000 0
Other 0 0 500 500
Capital Outlay 225,000 225,000 139,626 (85,374)
Total Expenditures 295,000 295,000 210,126 (84,874)
Excess (Deficiency) of Revenues Over (Under)
Expenditures (260,000)(260,000)(100,333)159,667
Fund Balances, October 1 41,392 41,392 2,399,652 2,358,260
Fund Balances (Deficits), September 30 (218,608)$ (218,608)$ 2,299,319$ 2,517,927$
112
CITY OF COLLEGE STATION, TEXAS
DRAINAGE PROJECTS FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Special Assessment 987,300$ 987,300$ 981,673$ (5,627)$
Investment Income 200,000 200,000 289,286 89,286
Total Revenue 1,187,300 1,187,300 1,270,959 83,659
Expenditures
Current
Purchased Professional Services 0 0 8,360 8,360
Reimbursed Administrative 560,000 560,000 560,000 0
Debt Issuance Costs 10,000 10,000 5,400 (4,600)
Capital Outlay 835,000 835,000 616,982 (218,018)
Total Expenditures 1,405,000 1,405,000 1,190,742 (214,258)
Excess (Deficiency) of Revenues Over (Under)
Expenditures (217,700)(217,700)80,217 297,917
Other Financing Sources
Proceeds from Long Term Debt Issuance 785,000 785,000 785,000 0
Total Other Financing Sources 785,000 785,000 785,000 0
Excess of Revenues Over Expenditures and
Other Financing Sources 567,300 567,300 865,217 297,917
Fund Balances, October 1 18,024 18,024 5,719,258 5,701,234
Fund Balances, September 30 585,324$ 585,324$ 6,584,475$ 5,999,151$
113
CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENT PROJECTS FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Investment Income 75,000$ 75,000$ 264,409$ 189,409$
Contributions 0 0 105 105
Other 0 0 450 450
Total Revenues 75,000 75,000 264,964 189,964
Expenditures
Current
Fiscal Services 0 0 1,517 1,517
Reimbursed Administrative 55,000 55,000 55,000 0
Other 0 0 12,231 12,231
Capital Outlay 1,097,000 1,778,000 1,600,560 (177,440)
Debt Service
Issuance Costs 23,500 23,500 19,200 (4,300)
Total Expenditures 1,175,500 1,856,500 1,688,508 (167,992)
Excess (Deficiency) of Revenues Over (Under)
Expenditures (1,100,500)(1,781,500)(1,423,544)357,956
Other Financing Sources (Uses)
Proceeds from Long Term Debt Issuance 1,877,000 1,877,000 3,346,800 1,469,800
Operating Transfers In 0 0 12,231 12,231
Operating Transfers Out 0 0 (89,000)(89,000)
Total Other Financing Sources (Uses)1,877,000 1,877,000 3,270,031 1,393,031
Excess of Revenues Over Expenditures and
Other Financing Sources 776,500 95,500 1,846,487 1,750,987
Fund Balances, October 1 4,469,697 4,469,697 4,469,697 0
Fund Balances, September 30 5,246,197$ 4,565,197$ 6,316,184$ 1,750,987$
114
CITY OF COLLEGE STATION, TEXAS
PARKS PROJECTS FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Revenues
Charges for Services 50,000$ 50,000$ 67,525$ 17,525$
Investment Income 30,000 30,000 120,473 90,473
Total Revenues 80,000 80,000 187,998 107,998
Expenditures
Current
Reimbursed Administrative 55,000 55,000 55,000 0
Capital Outlay 910,000 1,108,000 3,828,191 2,720,191
Debt Service
Issuance Cost 10,000 10,000 900 (9,100)
Total Expenditures 975,000 1,173,000 3,884,091 2,711,091
Deficiency of Revenues Under Expenditures (895,000)(1,093,000)(3,696,093)(2,603,093)
Other Financing Sources
Proceeds from Long Term Debt Issuance 129,000 129,000 129,000 0
Operating Transfers In 0 0 89,000 89,000
Total Other Financing Sources 129,000 129,000 218,000 89,000
Deficiency of Revenues and Other Financing
Sources Under Expenditures (766,000)(964,000)(3,478,093)(2,514,093)
Fund Balances, October 1 4,249,032 4,249,032 4,249,032 0
Fund Balances, September 30 3,483,032$ 3,285,032$ 770,939$ (2,514,093)$
115
CITY OF COLLEGE STATION, TEXAS
STREETS PROJECTS FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original Budget Revised Budget Actual
Variance
Over
(Under)
Revenues
Intergovernmental 272,000$ 272,000$ (4,311)$ (276,311)$
Investment Income 250,000 250,000 834,977 584,977
Contributions 0 0 328,284 328,284
Total Revenues 522,000 522,000 1,158,950 636,950
Expenditures
Current
General Government 0 50,000 356,419 306,419
Reimbursed Administrative 260,000 260,000 260,000 0
Other 240,000 330,000 11,219 (318,781)
Capital Outlay 2,972,575 12,579,932 5,381,448 (7,198,484)
Debt Service
Issuance Costs 50,000 50,000 78,000 28,000
Total Expenditures 3,522,575 13,269,932 6,087,086 (7,182,846)
Excess (Deficiency) of Revenues Over (Under)
Expenditures (3,000,575)(12,747,932)(4,928,136)7,819,796
Other Financing Sources
Proceeds form Long Term Debt Issuance 13,769,000 13,769,000 13,478,600 (290,400)
Operating Transfers In 721,325 721,325 1,254,447 533,122
Total Other Financing Sources 14,490,325 14,490,325 14,733,047 242,722
Excess of Revenues and Other Financing
Sources Over Expenditures 11,489,750 1,742,393 9,804,911 8,062,518
Fund Balances, October 1 12,225,352 12,225,352 12,225,352 0
Fund Balances, September 30 23,715,102$ 13,967,745$ 22,030,263$ 8,062,518$
116
117
ENTERPRISE FUNDS
Enterprise funds are used to account for operations that are financed and operated in a manner
similar to private business enterprises. In these funds, the intent of the government's council is
that costs of providing goods or services to the general public on a continuing basis will be
financed or recovered primarily through user charges, or where the government's council has
decided that periodic determination of net income is appropriate for accountability purposes.
Electric - to account for revenues and expenses related to the operation and maintenance of the
electric systems of the City. All activities necessary to provide such services are accounted for
in this fund and include, but are not limited to, administration, operations, maintenance, utility
billing and collections, meter reading, and financing and related debt service.
Water - to account for revenues and expenses related to the operation and maintenance of the
water systems of the City. All activities necessary to provide such services are accounted for in
this fund and include, but are not limited to, administration, operations, maintenance, and
financing and related debt service.
Sewer - to account for revenues and expenses related to the operation and maintenance of the
sewer systems of the City. All activities necessary to provide such services are accounted for in
this fund and include, but are not limited to, administration, operations, maintenance, and
financing and related debt service.
Sanitation - to account for all sanitation collection and disposal activities by the City for both
residential and commercial residents.
Cedar Creek Condominiums - to account for revenues and expenses related to the operation
and maintenance of the Cedar Creek Condominiums.
Northgate Parking - to account for revenues and expenses related to the operation and
maintenance of the Northgate parking garage and parking lot.
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
SEPTEMBER 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Electric Water Sewer
Current Assets
Equity in Cash and Cash Equivalents 6,567,188$ 5,573,519$ 1,721,749$
Equity in Investment 5,577,281 4,709,726 1,454,910
Receivables
Accrued Interest 64,462 51,392 16,116
Accounts 6,661,457 1,134,855 1,029,921
Escrow 0 0 0
Notes 0 0 0
Other 1,117,669 0 0
Less Allowance for Uncollectable Accounts (1,462,657)(38,325)(70,930)
Inventories 947,723 331,485 17,160
Total Current Assets 19,473,123 11,762,652 4,168,926
Restricted Assets
Equity in Cash and Cash Equivalents 1,762,637 5,320,980 4,731,718
Equity in Investments 1,489,461 4,496,326 3,998,389
Receivables
Accrued Interest 26,671 55,799 47,282
Accounts 422 0 0
Total Restricted Assets 3,279,191 9,873,105 8,777,389
Advance to Other Funds 200,000 0 0
Equity in Joint Venture 0 0 0
Deferred Charges
Water Well 0 1,167,075 0
Bond Issuance Costs 240,272 262,472 436,631
Accumulated Amortization (90,400)(1,107,458)(145,990)
Total Deferred Charges 149,872 322,089 290,641
Property and Equipment
Utility Plant 63,286,640 54,503,955 53,951,532
Buildings 0 898,760 822,954
Machinery and Equipment 225,801 1,030,289 1,357,147
Accumulated Depreciation (19,376,295)(17,593,108)(13,728,525)
Construction in Progress 2,851,026 11,452,499 13,614,468
Land 0 514,500 602,517
Total Property and Equipment 46,987,172 50,806,895 56,620,093
Total Assets 70,089,358$ 72,764,741$ 69,857,049$
118
Totals
Sanitation
Cedar Creek
Condominium
Northgate
Parking Garage 2002 2001
487,987$ 133,197$ 420,702$ 14,904,342$ 12,946,607$
412,358 112,554 355,501 12,622,330 13,797,055
5,783 0 4,867 142,620 310,704
570,323 0 61,294 9,457,850 8,506,880
0 200,469 0 200,469 197,989
12,522 0 0 12,522 12,522
0 0 0 1,117,669 1,128,640
(44,082)0 (50)(1,616,044)(1,541,531)
2,816 0 0 1,299,184 1,782,666
1,447,707 446,220 842,314 38,140,942 37,141,532
0 0 0 11,815,335 11,374,462
0 0 0 9,984,176 12,119,706
0 0 0 129,752 232,002
0 0 0 422 0
0 0 0 21,929,685 23,726,170
0 0 0 200,000 200,000
6,289,525 0 0 6,289,525 5,447,202
0 0 0 1,167,075 1,167,075
0 0 0 939,375 839,693
0 0 0 (1,343,848)(1,301,009)
0 0 0 762,602 705,759
0 0 0 171,742,127 150,993,984
0 0 5,608,687 7,330,401 7,324,324
1,259,439 0 81,928 3,954,604 3,927,632
(1,239,598)0 (168,066)(52,105,592)(46,975,789)
0 0 160,751 28,078,744 22,953,489
0 0 672,811 1,789,828 1,745,390
19,841 0 6,356,111 160,790,112 139,969,030
7,757,073$ 446,220$ 7,198,425$ 228,112,866$ 207,189,693$
(Continued)
119
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
SEPTEMBER 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)
Electric Water Sewer
Liabilities and Fund Equity
Current Liabilities
Accounts Payable 4,797,457$ 518,478$ 343,142$
Accrued Interest Payable 0 0 0
Retainage Payable 0 16,817 0
Accrued Liabilities 384,582 53,906 56,616
Customer Construction Advances 24,382 55,640 12,130
Other Deferred Revenues 822 0 0
Total Current Liabilities 5,207,243 644,841 411,888
Current Liabilities Payable from Restricted Assets
Accounts Payable 4,392,735 331,155 416,919
Accrued Interest Payable 156,741 283,645 373,815
Retainage Payable 0 349,179 508,077
Accrued Liabilities 13,174 0 (3,936)
Refundable Deposits 914,409 120,340 0
Revenue Bonds 960,350 1,142,300 1,712,350
Total Current Liabilities Payable from Restricted Assets 6,437,409 2,226,619 3,007,225
Noncurrent Liabilities
Revenue Bonds 13,636,500 27,219,150 33,564,350
Unamortized Premium on Bonds (41,757)(32,661)(36,053)
Accrued Vacation 118,665 52,773 59,907
Total Noncurrent Liabilities 13,713,408 27,239,262 33,588,204
Total Liabilities 25,358,060 30,110,722 37,007,317
Fund Equity
Contributed Capital 3,696,637 14,831,529 13,169,515
Retained Earnings
Reserved for Debt Service 3,709,978 613,726 1,320,079
Reserved for Capital Projects 1,652,634 8,544,589 6,440,563
Unreserved 35,672,049 18,664,175 11,919,575
Total Fund Equity 44,731,298 42,654,019 32,849,732
Total Liabilities and Fund Equity 70,089,358$ 72,764,741$ 69,857,049$
120
Totals
Sanitation
Cedar Creek
Condominium
Northgate
Parking Garage 2002 2001
53,783$ 142,981$ 1,229$ 5,857,070$ 5,760,729$
3,942 0 0 3,942 3,940
0 0 0 16,817 271,771
84,859 0 7,763 587,726 537,391
0 0 0 92,152 100,245
0 0 0 822 822
142,584 142,981 8,992 6,558,529 6,674,898
0 0 0 5,140,809 5,655,401
0 0 0 814,201 446,457
0 0 0 857,256 485,247
0 0 0 9,238 13,174
0 0 1,950 1,036,699 1,214,475
0 0 0 3,815,000 3,165,000
0 0 1,950 11,673,203 10,979,754
0 0 0 74,420,000 60,020,000
0 0 0 (110,471)(131,666)
25,675 0 434 257,454 230,539
25,675 0 434 74,566,983 60,118,873
168,259 142,981 11,376 92,798,715 77,773,525
54,900 0 6,963,435 38,716,016 38,716,016
0 0 0 5,643,783 2,606,880
0 0 0 16,637,786 17,993,686
7,533,914 303,239 223,614 74,316,566 70,099,586
7,588,814 303,239 7,187,049 135,314,151 129,416,168
7,757,073$ 446,220$ 7,198,425$ 228,112,866$ 207,189,693$
121
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Electric Water Sewer
Operating Revenues
Electric Sales 44,238,340$ 0$ 0$
Water Sales 0 8,144,195 0
Sewer Service 0 0 7,880,400
Garbage Collection Fees 0 0 0
Charges for Services 0 0 0
Other 1,013,497 541,580 323,054
Total Operating Revenues 45,251,837 8,685,775 8,203,454
Operating Expenses
Electric Operations 37,679,409 0 0
Salaries and Benefits 0 1,427,944 1,534,905
Supplies 0 131,270 290,885
Maintenance 0 376,735 368,329
Purchased Professional Services 0 204,193 203,489
Purchased Property Services 0 873,488 300,156
Other Purchased Services 0 377,256 218,854
Reimbursed Administrative 0 1,140,615 1,057,500
Depreciation 2,398,907 1,264,261 1,238,525
Other 0 34,140 55,387
Total Operating Expenses 40,078,316 5,829,902 5,268,030
Operating Income 5,173,521 2,855,873 2,935,424
Nonoperating Revenues (Expenses)
Investment Income 606,125 779,697 472,723
Reimbursed Expenses 54,031 42,345 0
Grants 0 0 0
Earnings in Joint Venture 0 0 0
Interest Expense (745,655)(1,401,851)(1,842,052)
Other, Net 689,896 1,017,912 1,367,487
Total Nonoperating Revenues (Expenses)604,397 438,103 (1,842)
Income Before Operating Transfers 5,777,918 3,293,976 2,933,582
Operating Transfers
Operating Transfers In 1,241 0 0
Operating Transfers Out (4,574,900)(923,800)(729,500)
Total Operating Transfers (4,573,659)(923,800)(729,500)
Net Income (Loss)1,204,259 2,370,176 2,204,082
Retained Earnings, October 1 (Restated)39,830,402 25,452,314 17,476,135
Retained Earnings, September 30 41,034,661$ 27,822,490$ 19,680,217$
122
Totals
Sanitation
Cedar Creek
Condominiums
Northgate
Parking Garage 2002 2001
0$ 0$ 0$ 44,238,340$ 42,290,635$
0 0 0 8,144,195 8,072,508
0 0 0 7,880,400 7,045,955
4,280,436 0 0 4,280,436 4,035,385
0 0 452,061 452,061 147,605
26,105 0 0 1,904,236 1,775,758
4,306,541 0 452,061 66,899,668 63,367,846
0 0 0 37,679,409 37,038,395
1,286,990 0 154,454 4,404,293 3,809,295
193,530 0 35,935 651,620 501,632
615,327 0 3,772 1,364,163 1,087,371
101,164 0 49,060 557,906 489,301
1,125,165 0 39,258 2,338,067 2,406,727
658,323 0 65,699 1,320,132 1,285,405
389,731 0 13,000 2,600,846 2,682,178
14,176 0 160,450 5,076,319 4,036,773
8,546 0 76,592 174,665 310,465
4,392,952 0 598,220 56,167,420 53,647,542
(86,411)0 (146,159)10,732,248 9,720,304
38,338 2,481 33,311 1,932,675 3,221,838
0 0 0 96,376 64,716
0 0 0 0 14,800
842,323 0 0 842,323 664,692
0 0 0 (3,989,558)(2,402,956)
(17,136)0 76,647 3,134,806 709,883
863,525 2,481 109,958 2,016,622 2,272,973
777,114 2,481 (36,201)12,748,870 11,993,277
0 0 0 1,241 225,000
(306,700)0 (225,000)(6,759,900)(14,278,073)
(306,700)0 (225,000)(6,758,659)(14,053,073)
470,414 2,481 (261,201)5,990,211 (2,059,796)
7,063,500 300,758 484,815 90,607,924 92,667,720
7,533,914$ 303,239$ 223,614$ 96,598,135$ 90,607,924$
123
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)
Electric Water Sewer
Cash Flows from Operating Activities:
Cash Received from Customers 44,557,992$ 8,640,896$ 8,041,242$
Cash Payments to Suppliers for Goods and Services (35,035,024)(2,945,572)(2,171,825)
Cash Payments to Employees for Services (2,064,962)(1,415,890)(1,519,023)
Customer Deposits Received 0 0 0
Customer Deposits Returned (172,602)(6,649)0
Cash Received for Reimbursed Expenses 54,031 42,345 0
Cash Received from Sale of Scrap 0 0 0
Cash Received from Collection Fees 0 0 0
Cash Received from Grants 0 0 0
Cash Received for Miscellaneous Revenues 172,869 36,065 0
Cash Paid for Miscellaneous Expenses (2,808)0 (25,137)
Net Cash Provided (Used) by Operating Activities 7,509,496 4,351,195 4,325,257
Cash Flows from Noncapital Financing Activities:
Operating Transfers In from Other Funds 1,241 0 0
Operating Transfers Out to Other Funds (4,574,900)(923,800)(729,500)
Cash Paid to Other Funds 0 0 0
Cash Paid to Public Agencies (246,951)0 0
Net Cash Used by Noncapital Financing Activities (4,820,610)(923,800)(729,500)
Cash Flows from Capital and Related Financing Activities:
Acquisition and Construction of Capital Assets (5,726,992)(7,835,932)(9,086,166)
Proceeds from Sale of Assets 0 0 0
Capital Contributed by Developers 0 0 0
Principal Paid on Revenue Bonds (825,650)(864,150)(1,475,200)
Interest Paid on Revenue Bonds (681,417)(1,234,162)(1,708,235)
Fees Paid to Fiscal Agent 0 0 (3,121)
Proceeds from Revenue Bonds 4,528,750 7,427,150 6,159,100
Issuance Costs Paid on Revenue Bonds (24,920)(40,870)(33,892)
Net Cash Used by Capital and Related Financing Activities (2,730,229)(2,547,964)(6,147,514)
Cash Flows from Investing Activities:
Purchase of Investments (10,626,411)(13,952,675)(7,892,853)
Proceeds from Sale and Maturities of
Investment Securities 11,179,960 14,215,912 9,607,313
Investment Income 667,041 864,415 564,825
Net Cash Provided by Investing Activities 1,220,590 1,127,652 2,279,285
(Continued)
124
Totals
Cedar Creek Northgate
Sanitation Condominiums Parking 2002 2001
4,252,169$ 0$ 467,370$ 65,959,669$ $63,101,086
(3,100,393)0 (671,819)(43,924,633)(42,889,642)
(1,281,091)0 (153,916)(6,434,882)(5,968,699)
0 0 1,475 1,475 228,240
0 0 0 (179,251)(825,381)
0 0 0 96,376 64,716
0 0 0 0 16,024
0 0 0 0 8,653
0 0 0 0 14,800
0 0 76,647 285,581 189,625
(2,134)0 0 (30,079)(54,139)
(131,449)0 (280,243)15,774,256 13,885,283
0 0 0 1,241 225,000
(306,700)0 (225,000)(6,759,900)(14,278,073)
0 0 0 0 (200,000)
(15,000)0 0 (261,951)(283,967)
(321,700)0 (225,000)(7,020,610) (14,537,040)
0 0 (430,115)(23,079,205)(24,293,661)
0 0 0 0 821,970
0 0 0 0 93,464
0 0 0 (3,165,000)(3,185,000)
0 0 0 (3,623,814)(2,521,280)
0 0 0 (3,121)(9,660)
0 0 0 18,115,000 23,997,130
0 0 0 (99,682)(101,475)
0 0 (430,115)(11,855,822) (5,198,512)
(565,381)(167,957)(421,008)(33,626,285)(25,516,986)
826,716 182,186 924,454 36,936,541 31,927,562
47,635 0 46,612 2,190,528 3,410,178
308,970 14,229 550,058 5,500,784 9,820,754
(Continued)
125
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
(Continued)
Electric Water Sewer
Net Increase (Decrease) in Cash and Cash Equivalents 1,179,247$ 2,007,083$ (272,472)$
Cash and Cash Equivalents, Oct. 1 7,150,578 8,887,416 6,725,939
Cash and Cash Equivalents, Sept. 30 8,329,825 10,894,499 6,453,467
Reconciliation of Operating Income (Loss) to Net Cash
Provided (Used) by Operating Activities:
Operating Income (Loss)5,173,521 2,855,873 2,935,424
Adjustment to Reconcile Operating Income (Loss) to Net
Cash Provided (Used) by Operating Activities:
Depreciation 2,398,907 1,264,261 1,238,525
Provision for Uncollectible Accounts 40,874 7,625 14,769
Miscellaneous Nonoperating Revenues 226,906 78,410 0
Miscellaneous Nonoperating Expenses (2,808)0 (25,137)
Changes in Assets and Liabilities:
Change in Accounts Receivable (704,816)(44,879)(162,212)
Change in Other Receivables 10,971 0 0
Change in Inventory 484,663 (4,158)4,251
Change in Accounts Payable 18,276 185,394 300,369
Change in Accrued Liabilities 12,272 12,267 15,343
Change in Deferred Revenue 0 0 0
Change in Refundable Deposits (172,602)(6,649)0
Change in Accrued Vacation 23,332 3,051 3,925
Total Adjustments 2,335,975 1,495,322 1,389,833
Net Cash Provided (Used) by Operating Activities 7,509,496$ 4,351,195$ 4,325,257$
(Continued)
126
Totals
Cedar Creek Northgate
Sanitation Condominiums Parking 2002 2001
(144,179)$ 14,229$ (385,300)$ 2,398,608$ 3,970,485$
632,166 118,968 806,002 24,321,069 20,350,584
487,987 133,197 420,702 26,719,677 24,321,069
(86,411)0 (146,159)10,732,248 9,812,532
14,176 0 160,450 5,076,319 3,683,012
11,195 0 50 74,513 0
0 0 76,647 381,963 380,508
(2,134)0 0 (30,079)(104,921)
(54,372)0 15,309 (950,970)(241,029)
0 0 0 10,971 10,909
(1,274)0 0 483,482 (36,819)
(20,347)0 (387,351)96,341 863,788
10,496 0 (49)50,329 88,376
0 0 0 0 3,696
0 0 1,475 (177,776)(596,667)
(2,778)0 (615)26,915 21,898
(45,038)0 (134,084)5,042,008 4,072,751
(131,449)$ 0$ (280,243)$ 15,774,256$ $13,885,283
(Continued)
127
CITY OF COLLEGE STATION
ELECTRIC FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original Budget Revised Budget Actual
Variance
Over (Under)
Operating Revenues
Electric Sales 42,582,300$ 42,582,300$ 44,058,644$ 1,476,344$
Forfeits, Discounts and Penalties 762,200 762,200 768,488 6,288
Electric Property Rentals 53,600 53,600 33,653 (19,947)
Connect Fees 200,900 200,900 204,895 3,995
Miscellaneous 10,300 10,300 4,595 (5,705)
Total Operating Revenues 43,609,300 43,609,300 45,070,275 1,460,975
Nonoperating Revenues
Investment Income 1,200,000 1,200,000 593,283 (606,717)
Reimbursed Expenses 23,000 23,000 54,031 31,031
Contributions 6,100 6,100 13,697 7,597
Operating Transfers In 0 0 1,241 1,241
Other 85,700 85,700 93,534 7,834
Total Nonoperating Revenues 1,314,800 1,314,800 755,786 (559,014)
Revenue Bond I&S Fund
Investment Income 0 0 62,610 62,610
Operating Transfers In 1,417,139 1,417,139 1,417,139 0
Total Revenue Bond I&S Fund 1,417,139 1,417,139 1,479,749 62,610
Electric Revenue Bond Funds
Investment Income 0 0 98,360 98,360
Proceeds from Long-Term Debt 4,440,000 4,440,000 4,528,750 88,750
Total Electric Revenue Bond Fund 4,440,000 4,440,000 4,627,110 187,110
Total Electric Fund Revenues 50,781,239$ 50,781,239$ 51,932,920$ 1,151,681$
See reconciliation to GAAP on page 139.
128
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original Budget Revised Budget Actual
Variance
Over (Under)
Operating Expenses
Electric Operations 37,061,757$ 37,075,751$ 39,030,972$ 1,955,221$
Capital Outlay 20,400 20,400 0 (20,400)
Total Administration 37,082,157 37,096,151 39,030,972 1,934,821
Nondepartmental
Reimbursed Administrative 1,536,430 1,536,430 1,599,132 62,702
Other Expenses 0 0 (2,855)(2,855)
Public Agency Funding 246,951 246,951 246,951 0
Return on Investment 4,360,000 4,360,000 4,360,000 0
Operating Transfers Out 1,632,039 1,632,039 1,632,039 0
Capital Outlay 5,719,887 5,832,465 4,068,271 (1,764,194)
Contingency 170,000 170,480 0 (170,480)
Total Nondepartmental 13,665,307 13,778,365 11,903,538 (1,874,827)
Revenue Bond I&S Fund
Principal Payments 832,500 832,500 825,650 (6,850)
Interest Expense 584,639 584,639 673,490 88,851
Fiscal Agent's Fee 0 0 2,730 2,730
Total Revenue Bond I&S Fund 1,417,139 1,417,139 1,501,870 84,731
Total Electric Fund Expenses 52,164,603$ 52,291,655$ 52,436,380$ 144,725$
See reconciliation to GAAP on page 139.
129
CITY OF COLLEGE STATION, TEXAS
WATER FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original Budget Revised Budget Actual
Variance Over
(Under)
Operating Revenues
Water Sales 8,194,000$ 8,194,000$ 8,130,637$ (63,363)$
Water Taps 391,400 391,400 484,910 93,510
Connect Fees 25,800 25,800 52,030 26,230
Miscellaneous Operating Revenue 1,500 1,500 4,762 3,262
Total Operating Revenues 8,612,700 8,612,700 8,672,339 59,639
Nonoperating Revenues
Investment Income 545,900 545,900 426,223 (119,677)
Reimbursed Expenses 17,500 17,500 33,245 15,745
Other 200 200 10,886 10,686
Total Nonoperating Revenues 563,600 563,600 470,354 (93,246)
Revenue Bond I&S Fund
Investment Income 0 0 82,545 82,545
Operating Transfers In 2,054,563 2,054,563 2,054,563 0
Total Water Revenue I&S Fund 2,054,563 2,054,563 2,137,108 82,545
Water Revenue Bond Funds
Investment Income 160,000 160,000 453,166 293,166
Other 0 0 9,100 9,100
Operating Transfers In 7,750,000 7,750,000 0 (7,750,000)
Proceeds from Long-Term Debt 6,300,000 6,300,000 7,427,150 1,127,150
Total Water Revenue Bond Fund 14,210,000 14,210,000 7,889,416 (6,320,584)
Total Water Fund Revenues 25,440,863$ 25,440,863$ 19,169,217$ (6,271,646)$
See reconciliation to GAAP on page 139.
130
CITY OF COLLEGE STATION, TEXAS
WATER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original Budget Revised Budget Actual
Variance Over
(Under)
Water Production
Salaries and Benefits 262,291$ 264,023$ 269,653$ 5,630$
Supplies 65,354 65,354 61,536 (3,818)
Maintenance 138,072 138,072 98,052 (40,020)
Purchased Professional Services 99,636 99,636 73,933 (25,703)
Purchased Property Services 1,223,330 1,223,330 858,462 (364,868)
Other Purchased Services 36,109 36,109 29,667 (6,442)
Capital Outlay 75,000 75,000 52,380 (22,620)
Other 160,828 160,828 75,069 (85,759)
Total Water Production 2,060,620 2,062,352 1,518,752 (543,600)
Water Distribution
Salaries and Benefits 652,751 657,513 684,494 26,981
Supplies 31,911 31,911 50,992 19,081
Maintenance 200,744 200,744 264,374 63,630
Purchased Professional Services 76,467 287,717 118,966 (168,751)
Purchased Property Services 7,921 7,921 10,206 2,285
Other Purchased Services 72,973 72,973 224,728 151,755
Capital Outlay 230,966 230,966 146,700 (84,266)
Total Water Distribution 1,273,733 1,489,745 1,500,460 10,715
Engineering
Salaries and Benefits 479,056 481,756 466,364 (15,392)
Supplies 19,538 19,538 18,742 (796)
Maintenance 16,784 16,784 14,309 (2,475)
Purchased Professional Services 738 738 11,294 10,556
Purchased Property Services 4,984 4,984 4,820 (164)
Other Purchased Services 44,492 44,492 47,792 3,300
Total Engineering 565,592 568,292 563,321 (4,971)
Nondepartmental
Reimbursed Administrative 839,243 839,243 873,643 34,400
Other Operating Expenses 0 0 6,469 6,469
Other Nonoperating Expenses 0 0 130 130
Operating Transfers Out 10,678,363 10,678,363 2,978,363 (7,700,000)
Contingency 70,000 63,050 0 (63,050)
Total Nondepartmental 11,587,606 11,580,656 3,858,605 (7,722,051)
(Continued)
131
CITY OF COLLEGE STATION, TEXAS
WATER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original Budget Revised Budget Actual
Variance Over
(Under)
Revenue Bond I&S Fund
Principal Payments 890,171$ 890,171$ 864,150$ (26,021)$
Interest Expense 1,164,393 1,164,393 1,230,148 65,755
Fiscal Agent's Fees 0 0 1,146 1,146
Total Revenue Bond I&S Fund 2,054,564 2,054,564 2,095,444 40,880
Water Revenue Bond Fund
Reimbursed Administrative 275,000 275,000 275,000 0
Capital Outlay 11,803,000 11,803,000 7,447,928 (4,355,072)
Debt Issuance Costs 100,000 100,000 0 (100,000)
Total Water Revenue Bond Fund 12,178,000 12,178,000 7,722,928 (4,455,072)
Total Water Fund Expenses 29,720,115$ 29,933,609$ 17,259,510$ (12,674,099)$
See reconciliation to GAAP on page 139.
(Continued)
132
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original Budget Revised Budget Actual
Variance Over
(Under)
Operating Revenues
Sewer Service 7,447,000$ 7,447,000$ 7,839,545$ 392,545$
Sewer Taps 221,500 221,500 323,038 101,538
Total Operating Revenues 7,668,500 7,668,500 8,162,583 494,083
Nonoperating Revenues
Investment Income 154,500 154,500 127,439 (27,061)
Other 0 0 25,951 25,951
Total Nonoperating Revenues 154,500 154,500 153,390 (1,110)
Revenue Bond I&S Fund
Investment Income 0 0 102,864 102,864
Operating Transfers In 3,166,265 3,166,265 3,166,265 0
Total Sewer Revenue I&S Fund 3,166,265 3,166,265 3,269,129 102,864
Sewer Revenue Bond Funds
Investment Income 200,000 200,000 375,195 175,195
Other 0 270,000 12,130 (257,870)
Proceeds from Long-Term Debt 10,000,000 10,000,000 6,159,100 (3,840,900)
Total Sewer Revenue Bond Funds 10,200,000 10,470,000 6,546,425 (3,923,575)
Sewer Impact Fee Funds
Investment Income 0 0 13,040 13,040
Special Assessments 0 0 107,296 107,296
Total Sewer Impact Fee Funds 0 0 120,336 120,336
Total Sewer Fund Revenues 21,189,265$ 21,459,265$ 18,251,863$ (3,207,402)$
See reconciliation to GAAP on page 139.
133
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original Budget Revised Budget Actual
Variance Over
(Under)
Sewer Treatment
Salaries and Benefits 833,995$ 840,070$ 885,469$ 45,399$
Supplies 214,328 214,328 200,118 (14,210)
Maintenance 230,526 230,526 256,096 25,570
Purchased Professional Services 99,135 109,400 62,944 (46,456)
Purchased Property Services 349,635 349,635 284,544 (65,091)
Other Purchased Services 111,338 111,338 114,798 3,460
Capital Outlay 29,250 29,250 9,750 (19,500)
Total Sewer Treatment 1,868,207 1,884,547 1,813,719 (70,828)
Sewer Collection
Salaries and Benefits 655,224 658,951 641,467 (17,484)
Supplies 50,605 50,605 90,767 40,162
Maintenance 133,425 133,425 112,233 (21,192)
Purchased Professional Services 137,519 342,019 140,545 (201,474)
Purchased Property Services 19,724 19,724 15,612 (4,112)
Other Purchased Services 106,496 106,496 104,130 (2,366)
Capital Outlay 0 0 13,050 13,050
Total Sewer Collection 1,102,993 1,311,220 1,117,804 (193,416)
Nondepartmental
Reimbursed Administrative 742,025 742,025 746,025 4,000
Other Operating Expenses 0 0 2,289 2,289
Return on Investment 719,500 719,500 719,500 0
Other Operating Transfers Out 3,176,265 3,176,265 3,176,265 0
Contingency 60,000 52,790 0 (52,790)
Total Nondepartmental 4,697,790 4,690,580 4,644,079 (46,501)
Revenue Bond I&S Fund
Principal Payments 1,507,330 1,507,330 1,475,200 (32,130)
Interest Expense 1,658,936 1,658,936 1,699,057 40,121
Fiscal Agent's Fee 0 0 3,121 3,121
Total Revenue Bond I&S Fund 3,166,266 3,166,266 3,177,378 11,112
(Continued)
134
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
(Continued)
Original Budget Revised Budget Actual
Variance Over
(Under)
Sewer Revenue Bond Fund
Reimbursed Administrative 325,000$ 325,000$ 325,000$ 0$
Capital Outlay 2,450,694 2,750,694 9,217,111 6,466,417
Debt Issuance Costs 60,000 60,000 0 (60,000)
Total Sewer Revenue Bond Fund 2,835,694 3,135,694 9,542,111 6,406,417
Total Sewer Fund Expenses 13,670,950$ 14,188,307$ 20,295,091$ 6,106,784$
See reconciliation to GAAP on page 139.
(Continued)
135
CITY OF COLLEGE STATION, TEXAS
SANITATION FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Residential Collection 2,657,400$ 2,657,400$ 2,575,734$ (81,666)$
Commercial Collection 1,654,500 1,654,500 1,669,082 14,582
Other Charges for Services 21,400 21,400 24,148 2,748
Recycling 30,900 30,900 24,201 (6,699)
Other 2,200 2,200 1,904 (296)
Total Operating Revenues 4,366,400 4,366,400 4,295,069 (71,331)
Nondepartmental Revenues
Investment Income 118,400 118,400 52,535 (65,865)
Other 3,600 3,600 25,253 21,653
Total Nonoperating Revenues 122,000 122,000 77,788 (44,212)
Total Sanitation Fund Revenues 4,488,400$ 4,488,400$ 4,372,857$ (115,543)$
See reconciliation to GAAP on page 139.
136
CITY OF COLLEGE STATION, TEXAS
SANITATION FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original Budget
Revised
Budget Actual
Variance
Over
(Under)
Residential Collection
Salaries and Benefits 879,003$ 885,519$ 886,538$ 1,019$
Supplies 97,360 97,360 127,062 29,702
Maintenance 183,240 183,240 389,878 206,638
Purchased Professional Services 341,740 341,740 100,716 (241,024)
Purchased Property Services 320,012 320,012 362,317 42,305
Other Purchased Services 225,636 225,636 221,969 (3,667)
Total Residential Collection 2,046,991 2,053,507 2,088,480 34,973
Commercial Collection
Salaries and Benefits 404,884 408,004 394,552 (13,452)
Supplies 96,720 96,720 66,468 (30,252)
Maintenance 226,370 226,370 225,449 (921)
Purchased Professional Services 270 270 448 178
Purchased Property Services 723,480 723,480 762,848 39,368
Other Purchased Services 265,441 265,441 436,354 170,913
Capital Outlay 186,650 186,650 0 (186,650)
Total Commercial Collections 1,903,815 1,906,935 1,886,119 (20,816)
Nondepartmental
Reimbursed Administrative 385,731 385,731 389,731 4,000
Public Agency Funding 40,000 40,000 15,000 (25,000)
Return on Investment 294,200 294,200 294,200 0
Operating Transfers Out 12,500 12,500 12,500 0
Contingency 50,000 50,108 0 (50,108)
Total Nondepartmental 782,431 782,539 711,431 (71,108)
Total Sanitation Fund Expenses 4,733,237$ 4,742,981$ 4,686,030$ (56,951)$
See reconciliation to GAAP on page 139.
137
CITY OF COLLEGE STATION, TEXAS
NORTHGATE PARKING GARAGE FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Charges for Services 1,198,800$ 1,198,800$ 452,061$ (746,739)$
Total Operating Revenues 1,198,800 1,198,800 452,061 (746,739)
Operating Expenses
Salaries and Benefits 218,414 219,086 153,916 (65,170)
Supplies 18,738 18,738 35,935 17,197
Maintenance 8,945 8,945 3,772 (5,173)
Purchased Professional Services 61,793 72,973 49,060 (23,913)
Purchased Property Services 779 779 39,258 38,479
Other Services 5,497 5,497 65,699 60,202
Capital Outlay 406,022 (225,143)175,597 400,740
Total Operating Expenses 720,188 100,875 523,237 422,362
Net Operating Income (Loss)478,612 1,097,925 (71,176)(1,169,101)
Nonoperating Revenues (Expenses)
Investment Income 21,300 21,300 50,736 29,436
Contributions 0 0 76,542 76,542
Reimbursed Administrative (13,000)(13,000)(13,000)0
Other, Net 0 0 104 104
Total Nonoperating Revenues (Expenses)8,300 8,300 114,382 106,082
Net Income Before Operating Transfers 486,912 1,106,225 43,206 (1,063,019)
Operating Transfers
Operating Transfers In 225,000 225,000 0 (225,000)
Operating Transfers Out 645,358 645,358 225,000 (420,358)
Net Operating Transfers (420,358)(420,358)(225,000)195,358
Net Income 66,554$ 685,867$ (181,794)$ (867,661)$
See reconciliation to GAAP on page 139.
138
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
SCHEDULE FOR RECONCILIATION OF REVENUES AND EXPENSES (BUDGETARY BASIS)
TO GAAP BASIS STATEMENT OF INCOME
For the Fiscal Year Ended September 30, 2002
Solid Waste Northgate
Electric Water Sewer Collection Parking
Total Revenues Per Budget - Actual 51,932,920$ 19,169,217$ 18,251,863$ 4,372,857$ 579,443$
Less Total Expenses Per Budget - Actual 52,436,380 17,259,510 20,295,091 4,686,030 761,237
Net Income (Loss), Budgetary Basis (503,460)1,909,707 (2,043,228)(313,173)(181,794)
Add (Subtract) - Expenses (Revenues)
Related to Balance Sheet:
Reclass Principal Payment 825,650 864,150 1,475,200 0 0
Reverse Capital Outlay 4,068,271 7,647,008 9,239,911 0 175,597
Reclass Contributed Capital 0 0 (12,130)0 0
Reclass Salaries, Benefits and
Overhead to Construction in Progress 1,636,239 4,621 7,909 0 0
Adjust Accrued Vacation (23,332)(3,051)(3,925)2,778 614
Add (Subtract) - Unbudgeted Revenue
(Expenses) Adjustments
FY'02 Depreciation (2,398,907)(1,264,261)(1,238,525)(14,176)(160,450)
Current Year Revenue Accrual 1,924,892 360,580 375,686 180,784 0
Adjust Accrued Interest Payable (72,165)(167,689)(142,995)0 0
FY'02 Bond Amortization
Issuance Cost (17,904)(16,283)(30,258)0 0
Prior Year Revenue Accrual (1,743,330)(347,144)(334,930)(169,317)0
FY'02 Bad Debt Expense (207,271)(27,671)(49,977)(32,405)(76,592)
Inventory Adjustment 1,334 (14,542)2,895 (3,529)0
Earnings in Joint Venture 0 0 0 842,323 0
Reclass Proceeds From Long Term Debt (4,528,750)(7,427,150)(6,159,100)0 0
Investment Accrual and FV Adjustment (148,128)(182,237)(145,815)(14,197)(17,425)
Accrue FY'02 Expense (40,952)0 (24,386)0 0
Reclass Impact Fees 0 0 (107,296)0 0
FY'02 Payroll Adjustment (20,997)(9,002)5,987 (8,676)(1,152)
Power Charge Adjustment 1,601,630 0 0 0 0
Other, Net 4,536 8,099 5,221 2 1
Net Income (Loss), GAAP Basis 357,356$ 1,335,135$ 820,244$ 470,414$ (261,201)$
139
141
INTERNAL SERVICE FUNDS
Internal service funds are used to account for the financing of goods or services provided by one
department or agency to other departments or agencies of the government and to other government
units, on a cost reimbursement basis.
Communication Services - to account for the activities related to the operation and maintenance of
the City’s radio and telephone systems.
Employee Benefits - to account for self-insurance activity related to administration of the City's health
benefits plan.
Equipment Replacement - to account for the purchase of City equipment such as vehicles and large
motorized equipment, the telephone and radio systems, and replacement assets for existing
technological infrastructure equipment not budgeted in other funds.
Fleet Maintenance - to account for all activities related to the management of the City’s vehicles and
heavy equipment, including preventive maintenance and vehicle repair activities.
Print-Mail Services - to account for the activities related to the City’s printing and mailing operations.
Property and Casualty - to account for insurance activity relating to all claims filed for liability cases
(both injury and property) and property losses incurred for City property.
Unemployment - to account for self-insurance activity on claims filed under unemployment
compensation laws.
Utility Billing - to account for the billing and collection activities relating to the City’s electric, water, and
sewer utilities and residential and commercial garbage collection.
Workers' Compensation - to account for self-insurance activity relating to administration of the City's
workers' compensation plan.
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
COMBINING BALANCE SHEET
SEPTEMBER 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Communication
Services
Employee
Benefits
Equipment
Replacement
Fleet
Maintenance
Current Assets
Equity in Cash and Cash Equivalents 0$ 627,145$ 3,462,627$ 0$
Equity in Investment 0 529,949 2,925,983 0
Receivables
Accrued Interest (439)5,713 32,819 (508)
Accounts 0 2,629 0 2,652
Other 0 0 0 0
Less Allowance for Uncollectable Accounts 0 0 0 0
Due from Other Funds 0 0 69,504 0
Inventories 0 0 0 79,971
Prepaid Costs 0 0 0 0
Total Current Assets (439)1,165,436 6,490,933 82,115
Property and Equipment
Buildings 0 0 0 746,575
Machinery and Equipment 1,195,420 0 16,495,178 208,820
Accumulated Depreciation (878,998)0 (8,705,457)(366,069)
Construction in Progress 0 0 0 0
Total Property and Equipment 316,422 0 7,789,721 589,326
Total Assets 315,983$ 1,165,436$ 14,280,654$ 671,441$
Liabilities and Fund Equity
Current Liabilities
Accounts Payable 6,139$ 406,151$ 27,118$ 42,937$
Due to Other Funds 51,419 0 0 18,085
Claims Payable 0 0 0 0
Accrued Liabilities 10,786 0 0 18,960
Total Current Liabilities 68,344 406,151 27,118 79,982
Noncurrent Liabilities
Accrued Vacation 8,333 0 0 22,427
Total Noncurrent Liabilities 8,333 0 0 22,427
Total Liabilities 76,677 406,151 27,118 102,409
Fund Equity
Contributed Capital 860,672 0 2,147,900 728,268
Unreserved Retained Earnings (Deficits)(621,366)759,285 12,105,636 (159,236)
Total Fund Equity 239,306 759,285 14,253,536 569,032
Total Liabilities and Fund Equity 315,983$ 1,165,436$ 14,280,654$ 671,441$
142
Totals
Print/Mail
Services
Property and
Casualty Unemployment Utility Billing
Workers'
Compensation 2002 2001
7,490$ 297,992$ 63,408$ 106,010$ 150,588$ 4,715,260$ 2,768,260$
6,329 251,809 53,581 89,581 127,249 3,984,481 2,950,103
(58)2,623 613 789 1,601 43,153 62,999
0 138,629 0 17,716 0 161,626 228,273
0 0 0 11,240 0 11,240 13,382
0 0 0 (15,513)0 (15,513)(12,971)
0 0 0 0 0 69,504 97,680
28,545 0 0 0 0 108,516 217,627
14,211 0 0 0 54,000 68,211 40,346
56,517 691,053 117,602 209,823 333,438 9,146,478 6,365,699
0 0 0 0 0 746,575 746,575
141,290 0 0 1,516,017 0 19,556,725 16,107,287
(108,872)0 0 (732,570)0 (10,791,966)(8,531,649)
0 0 0 0 0 0 1,521,118
32,418 0 0 783,447 0 9,511,334 9,843,331
88,935$ 691,053$ 117,602$ 993,270$ 333,438$ 18,657,812$ 16,209,030$
10,411$ 124,870$ 4,971$ 8,352$ 0$ 630,949$ 194,819$
0 0 0 0 0 69,504 97,680
0 53,894 0 0 97,601 151,495 412,677
7,032 0 0 32,902 0 69,680 56,121
17,443 178,764 4,971 41,254 97,601 921,628 761,297
6,477 0 0 47,063 0 84,300 82,643
6,477 0 0 47,063 0 84,300 82,643
23,920 178,764 4,971 88,317 97,601 1,005,928 843,940
46,475 0 0 381,137 0 4,164,452 3,295,652
18,540 512,289 112,631 523,816 235,837 13,487,432 12,069,438
65,015 512,289 112,631 904,953 235,837 17,651,884 15,365,090
88,935$ 691,053$ 117,602$ 993,270$ 333,438$ 18,657,812$ 16,209,030$
143
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS (DEFICITS)
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Communication
Services
Employee
Benefits
Equipment
Replacement
Fleet
Maintenance
Operating Revenues
Charges for Services 607,557$ 0$ 2,881,093$ 1,298,220$
Premiums 0 3,699,794 0 0
Other 0 0 0 171
Total Operating Revenues 607,557 3,699,794 2,881,093 1,298,391
Operating Expenses
Salaries and Benefits 277,439 0 0 597,058
Supplies 92,488 0 1,135 454,322
Maintenance 107,796 0 0 20,585
Purchased Professional Services 11,665 0 0 2,095
Purchased Property Services 10,231 0 0 15,677
Other Purchased Services 28,795 0 0 24,540
Claims 0 809,658 0 0
Administration Fees 0 129,737 0 0
Premiums 0 2,170,034 0 0
Reimbursed Administrative 85,000 345 0 130,397
Depreciation 102,925 0 2,194,671 25,851
Other 0 0 0 68,889
Total Operating Expenses 716,339 3,109,774 2,195,806 1,339,414
Operating Income (Loss)(108,782)590,020 685,287 (41,023)
Nonoperating Revenues (Expenses)
Investment Income (3,634)31,747 221,949 (3,822)
Reimbursed Expenses 0 0 55,595 0
Other, Net 0 (392)6,440 14,454
Total Nonoperating Revenues (Expenses)(3,634)31,355 283,984 10,632
Income Before Operating Transfers (112,416)621,375 969,271 (30,391)
Operating Transfers
Operating Transfers In 0 0 617 858
Operating Transfers Out 0 0 0 0
Total Operating Transfers 0 0 617 858
Net Income (Loss)(112,416)621,375 969,888 (29,533)
Retained Earnings (Deficits), October 1 (508,950)137,910 11,135,748 (129,703)
Retained Earnings (Deficits), September 30 (621,366)$ 759,285$ 12,105,636$ (159,236)$
144
Totals
Print/Mail
Property and
Casualty Unemployment Utility Billing
Workers'
Compensation 2002 2001
372,288$ 0$ 0$ 1,995,200$ 0$ 7,154,358$ 6,423,696$
0 418,997 0 0 308,934 4,427,725 3,663,439
0 0 0 159,928 0 160,099 180,494
372,288 418,997 0 2,155,128 308,934 11,742,182 10,267,629
185,353 0 0 1,116,180 0 2,176,030 2,062,129
104,432 0 0 55,089 0 707,466 712,106
5,708 0 0 36,537 0 170,626 125,531
48 0 0 3,755 0 17,563 22,551
41,208 0 0 37,407 0 104,523 85,115
5,484 0 0 203,755 0 262,574 281,430
0 291,830 8,711 0 148,614 1,258,813 3,286,950
0 3,500 0 0 1,475 134,712 179,403
0 236,529 0 0 85,996 2,492,559 588,445
41,138 70,564 0 595,487 70,564 993,495 1,127,195
10,705 0 0 51,656 0 2,385,808 1,838,288
(17,935)8,507 0 12,608 0 72,069 60,646
376,141 610,930 8,711 2,112,474 306,649 10,776,238 10,369,789
(3,853)(191,933)(8,711)42,654 2,285 965,944 (102,160)
(510)14,957 4,184 5,512 10,126 280,509 315,557
0 106,967 0 0 0 162,562 92,343
0 0 0 512 (13,510)7,504 (87,071)
(510)121,924 4,184 6,024 (3,384)450,575 320,829
(4,363)(70,009)(4,527)48,678 (1,099)1,416,519 218,669
0 0 0 0 0 1,475 770,200
0 0 0 0 0 0 (112,400)
0 0 0 0 0 1,475 657,800
(4,363)(70,009)(4,527)48,678 (1,099)1,417,994 876,469
22,903 582,298 117,158 475,138 236,936 12,069,438 11,192,969
18,540$ 512,289$ 112,631$ 523,816$ 235,837$ 13,487,432$ 12,069,438$
145
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the Fiscal Year Ended September 30, 2002
(With comparative totals for the fiscal year ended September 30, 2001)
Communication Employee Equipment Fleet
Services Benefits Replacement Maintenance
Cash Flows from Operating Activities
Cash Received from Customers 607,557$ 3,699,794$ 2,881,093$ 1,297,459$
Cash Payments to Suppliers for Goods and Services (337,988)(2,969,557)56,820 (674,056)
Cash Payments to Employees for Services (277,065)0 0 (588,417)
Cash Received for Reimbursed Expenses 0 0 18,707 0
Cash Received for Miscellaneous Revenues 0 0 6,440 14,454
Cash Received from Other Funds 7,583 43,502 28,177 0
Cash Paid to Other Funds 0 0 0 (35,760)
Cash Paid for Miscellaneous Expenses 0 0 0 0
Net Cash Provided (Used) by Operating Activities 87 773,739 2,991,237 13,680
Cash Flows from Noncapital Financing Activities:
Operating Transfers In from Other Funds 0 0 617 858
Operating Transfers Out to Other Funds 0 0 0 0
Net Cash Provided by Noncapital Financing Activities 0 0 617 858
Cash Flows from Capital and Related Financing Activities:
Acquisition of Capital Assets 0 0 (2,002,353)(10,589)
Proceeds from Sale of Assets 3,647 0 0 0
Proceeds from Revenue Bonds 0 0 868,800 0
Net Cash Provided (Used) by Capital and Related Financing
Activities:3,647 0 (1,133,553)(10,589)
Cash Flows from Investing Activities:
Purchase of Investments 0 (889,801)(4,624,452)0
Proceeds from Sale and Maturities of
Investment Securities 0 542,239 3,913,110 0
Investment Income (3,734)29,823 237,537 (3,949)
Net Cash Provided (Used) by Investing Activities:(3,734)(317,739)(473,805)(3,949)
Net Increase (Decrease) in Cash and Cash Equivalents 0 456,000 1,384,496 0
Cash and Cash Equivalents, Oct. 1 0 171,145 2,078,131 0
Cash and Cash Equivalents, Sept. 30 0 627,145 3,462,627 0
Reconciliation of Operating Income (Loss) to Net Cash
Provided (Used) by Operating Activities:
Operating Income (Loss)(108,782)590,020 685,287 (41,023)
Adjustment to Reconcile Operating Income (Loss) to Net
Cash Provided (Used) by Operating Activities:
Depreciation 102,925 0 2,194,671 25,851
Miscellaneous Nonoperating Revenues 0 0 30,113 14,454
Miscellaneous Nonoperating Expenses 0 0 0 0
Change in Assets and Liabilities:
Change in Accounts Receivable 0 0 26,117 (932)
Change in Due from Other Funds 0 43,502 28,177 0
Change in Inventories 0 0 0 113,357
Change in Prepaid Costs 0 0 0 0
Change in Accounts Payable (364)402,198 26,872 (71,742)
Change in Due to Other Funds 7,583 0 0 (35,760)
Change in Claims Payable 0 (261,981)0 0
Change in Accrued Liabilities 1,804 0 0 4,940
Change in Accrued Vacation (3,079)0 0 4,535
Total Adjustments 108,869 183,719 2,305,950 54,703
Net Cash Provided (Used) by Operating Activities 87$ 773,739$ 2,991,237$ 13,680$
146
Totals
Print/Mail Property and Utility Workers'
Services Casualty Unemployment Billing Compensation 2002 2001
372,288$ 417,257$ 0$ 2,156,970$ 308,934$ 11,741,352$ 10,242,960$
(182,788)(499,313)(12,302)(944,611)(317,710)(5,881,505)(6,771,422)
(183,690)0 0 (1,110,529)0 (2,159,701)(2,062,579)
0 106,967 0 0 0 125,674 92,343
0 0 0 513 0 21,407 2,621
0 0 0 0 0 79,262 43,835
0 0 0 0 0 (35,760)(43,835)
0 0 0 0 (57,698)(57,698)(15,018)
5,810 24,911 (12,302)102,343 (66,474)3,833,031 1,488,905
0 0 0 0 0 1,475 770,200
0 0 0 0 0 0 (112,400)
0 0 0 0 0 1,475 657,800
(12,595)0 0 0 0 (2,025,537)(2,022,003)
0 0 0 0 0 3,647 50,338
0 0 0 0 0 868,800 0
(12,595)0 0 0 0 (1,153,090)(1,971,665)
(8,566)(381,036)(79,049)(146,971)(183,198)(6,313,073)(3,097,618)
13,043 390,771 89,620 102,620 227,292 5,278,695 3,369,007
(342)17,923 4,942 5,576 12,186 299,962 327,890
4,135 27,658 15,513 (38,775)56,280 (734,416) 599,279
(2,650)52,569 3,211 63,568 (10,194)1,947,000 774,319
10,140 245,423 60,197 42,442 160,782 2,768,260 1,993,941
7,490 297,992 63,408 106,010 150,588 4,715,260 2,768,260
(3,853)(191,933)(8,711)42,654 2,285 965,944 (102,160)
10,705 0 0 51,656 0 2,385,808 1,838,288
0 106,967 0 513 0 152,047 94,964
0 0 0 (13,512)(13,512)(14,671)
0 (1,740)0 4,384 0 27,829 (46,988)
0 0 0 0 0 71,679 (33,708)
(4,246)0 0 0 0 109,111 (9,461)
4,135 0 0 0 (32,000)(27,865)(759)
(2,546)88,723 (3,591)(2,265)(1,154)436,131 1,657
0 0 0 0 0 (28,177)33,708
0 22,894 0 0 (22,093)(261,180)(288,376)
1,195 0 0 5,620 0 13,559 24,396
420 0 0 (219)0 1,657 (7,985)
9,663 216,844 (3,591)59,689 (68,759)2,867,087 1,591,065
5,810$ 24,911$ (12,302)$ 102,343$ (66,474)$ 3,833,031$ 1,488,905$
147
CITY OF COLLEGE STATION, TEXAS
COMMUNICATIONS SERVICES FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Charges for Services 630,890$ 630,890$ 607,557$ (23,333)$
Total Operating Revenues 630,890 630,890 607,557 (23,333)
Operating Expenses
Salaries and Benefits 276,097 277,489 281,262 3,773
Supplies 84,415 84,415 92,488 8,073
Maintenance 118,740 118,740 107,796 (10,944)
Purchased Professional Services 18,000 18,000 11,665 (6,335)
Purchased Property Services 9,804 9,804 10,231 427
Other Services 26,551 26,551 28,795 2,244
Reimbursed Administrative 85,000 85,000 85,000 0
Total Operating Expenses 618,607 619,999 617,237 (2,762)
Operating Income (Loss)12,283 10,891 (9,680)(20,571)
Nonoperating Revenue
Investment Income 0 0 (4,108)(4,108)
Total Nonoperating Revenue 0 0 (4,108)(4,108)
Net Income (Loss)12,283$ 10,891$ (13,788)$ (24,679)$
See reconciliation to GAAP on page 158.
148
CITY OF COLLEGE STATION, TEXAS
EMPLOYEE BENEFITS FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Premiums 3,738,100$ 3,738,100$ 3,699,794$ (38,306)$
Total Operating Revenues 3,738,100 3,738,100 3,699,794 (38,306)
Operating Expenses
Claims 3,194,800 3,194,800 1,071,639 (2,123,161)
Administrative Fees 201,500 201,500 129,737 (71,763)
Premiums 323,000 323,000 2,170,034 1,847,034
Reimbursed Administrative 16,000 16,000 345 (15,655)
Total Operating Expenses 3,735,300 3,735,300 3,371,755 (363,545)
Operating Income 2,800 2,800 328,039 325,239
Nonoperating Revenues (Expenses)
Investment Income 100 100 35,054 34,954
Other, Net (6,000)(6,000)(392)5,608
Total Nonoperating Revenues (Expenses)(5,900)(5,900)34,662 40,562
Net Income (Loss)(3,100)$ (3,100)$ 362,701$ 365,801$
See reconciliation to GAAP on page 158.
149
CITY OF COLLEGE STATION, TEXAS
EQUIPMENT REPLACEMENT FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Charges for Goods and Services 2,831,552$ 2,831,552$ 2,881,093$ 49,541$
Total Operating Revenues 2,831,552 2,831,552 2,881,093 49,541
Operating Expenses
Supplies 0 0 1,135 1,135
Capital Outlay 2,071,975 2,464,153 2,003,738 (460,415)
Total Operating Expenses 2,071,975 2,464,153 2,004,873 (459,280)
Operating Income 759,577 367,399 876,220 508,821
Nonoperating Revenues (Expenses)
Investment Income 235,000 235,000 265,344 30,344
Damage Reimbursement 0 0 55,595 55,595
Proceeds from Long-Term Debt 0 0 868,800 868,800
Debt Issuance Cost 0 0 (4,500)(4,500)
Other, Net 0 0 21,650 21,650
Total Nonoperating Revenues (Expenses)235,000 235,000 1,206,889 971,889
Net Income 994,577$ 602,399$ 2,083,109$ 1,480,710$
See reconciliation to GAAP on page 158.
150
CITY OF COLLEGE STATION, TEXAS
FLEET MAINTENANCE FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Charges for Goods and Services 1,245,765$ 1,245,765$ 1,295,567$ 49,802$
Total Operating Revenues 1,245,765 1,245,765 1,295,567 49,802
Operating Expenses
Salaries and Benefits 617,607 622,268 591,057 (31,211)
Supplies 410,476 410,476 454,322 43,846
Maintenance 25,781 25,781 20,585 (5,196)
Purchased Professional Services 3,996 3,996 2,095 (1,901)
Purchased Property Services 20,609 20,609 15,677 (4,932)
Other Services 28,412 28,412 24,540 (3,872)
Reimbursed Administrative 130,397 130,397 130,397 0
Capital Outlay 13,000 13,000 10,589 (2,411)
Other 0 0 64,999 64,999
Contingency 16,500 16,711 0 (16,711)
Total Operating Expenses 1,266,778 1,271,650 1,314,261 42,611
Operating Income (Loss)(21,013)(25,885)(18,694)7,191
Nonoperating Revenues (Expenses)
Investment Income 0 0 (4,379)(4,379)
Other, Net 0 0 (1,079)(1,079)
Total Nonoperating Revenues (Expenses)0 0 (5,458)(5,458)
Net Income (Loss) Before Operating Transfers (21,013)(25,885)(24,152)1,733
Operating Transfers In 0 0 858 858
Net Income (Loss)(21,013)$ (25,885)$ (23,294)$ 2,591$
See reconciliation to GAAP on page 158.
151
CITY OF COLLEGE STATION, TEXAS
PRINT/MAIL SERVICES FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Under
(Over)
Operating Revenues
Charges for Goods and Services 344,489$ 344,489$ 372,288$ 27,799$
Total Operating Revenues 344,489 344,489 372,288 27,799
Operating Expenses
Salaries and Benefits 166,004 167,195 183,690 16,495
Supplies 72,310 72,310 104,432 32,122
Maintenance 9,089 9,089 5,708 (3,381)
Purchased Professional Services 0 0 48 48
Purchased Property Services 49,235 49,235 41,208 (8,027)
Other Services 8,784 8,784 5,484 (3,300)
Reimbursed Administrative 41,138 41,138 41,138 0
Capital Outlay 0 0 12,596 12,596
Total Operating Expenses 346,560 347,751 394,304 46,553
Operating Loss (2,071)(3,262)(22,016)(18,754)
Nonoperating Revenues (Expenses)
Investment Income 0 0 (390)(390)
Other, Net 0 201 17,935 17,734
Total Nonoperating Revenues (Expenses)0 201 17,545 17,344
Net Loss (2,071)$ (3,061)$ (4,471)$ (1,410)$
See reconciliation to GAAP on page 158.
152
CITY OF COLLEGE STATION, TEXAS
PROPERTY AND CASUALTY FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Premiums 416,670$ 416,670$ 418,997$ 2,327$
Total Operating Revenues 416,670 416,670 418,997 2,327
Operating Expenses
Claims 180,000 180,000 272,657 92,657
Administrative Fees 0 0 3,500 3,500
Premiums 235,200 235,200 236,529 1,329
Reimbursed Administrative 70,564 70,564 70,564 0
Contingency 12,000 12,000 0 (12,000)
Other 0 0 8,508 8,508
Total Operating Expenses 497,764 497,764 591,758 93,994
Operating Loss (81,094)(81,094)(172,761)(91,667)
Nonoperating Revenues (Expenses)
Investment Income 28,000 28,000 20,146 (7,854)
Reimbursed Expenses 75,000 75,000 106,967 31,967
Other, Net 4,000 4,000 0 (4,000)
Total Nonoperating Revenues (Expenses)107,000 107,000 127,113 20,113
Net Income (Loss)25,906$ 25,906$ (45,648)$ (71,554)$
See reconciliation to GAAP on page 158.
153
CITY OF COLLEGE STATION, TEXAS
UNEMPLOYMENT FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Expenses
Claims 25,000$ 25,000$ 8,711$ (16,289)$
Total Operating Expenses 25,000 25,000 8,711 (16,289)
Operating Income (Loss)(25,000)(25,000)(8,711)16,289
Nonoperating Revenues
Investment Income 6,000 6,000 5,461 (539)
Total Nonoperating Revenues 6,000 6,000 5,461 (539)
Net Income (Loss)(19,000)$ (19,000)$ (3,250)$ 15,750$
See reconciliation to GAAP on page 158.
154
CITY OF COLLEGE STATION, TEXAS
UTILITY BILLING FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Charges for Goods and Services 1,995,200$ 1,995,200$ 1,995,200$ 0$
Miscellaneous 175,100 175,100 162,260 (12,840)
Total Operating Revenues 2,170,300 2,170,300 2,157,460 (12,840)
Operating Expenses
Salaries and Benefits 1,136,440 1,144,817 1,110,531 (34,286)
Supplies 62,440 62,440 55,089 (7,351)
Maintenance 39,200 39,200 36,537 (2,663)
Purchased Professional Services 3,820 3,820 3,755 (65)
Purchased Property Services 30,088 30,088 37,407 7,319
Other Services 278,195 278,195 203,755 (74,440)
Reimbursed Administrative 595,487 595,487 595,487 0
Capital Outlay 0 49,664 0 (49,664)
Contingency 30,000 30,671 0 (30,671)
Total Operating Expenses 2,175,670 2,234,382 2,042,561 (191,821)
Operating Income (Loss)(5,370)(64,082)114,899 178,981
Nonoperating Revenues
Investment Income 4,200 4,200 6,244 2,044
Other, Net 0 0 514 514
Total Nonoperating Revenues 4,200 4,200 6,758 2,558
Net Income (Loss)(1,170)$ (59,882)$ 121,657$ 181,539$
See reconciliation to GAAP on page 158.
155
CITY OF COLLEGE STATION, TEXAS
WORKERS' COMPENSATION FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 2002
Original
Budget
Revised
Budget Actual
Variance
Over
(Under)
Operating Revenues
Premiums 213,767$ 213,767$ 308,934$ 95,167$
Total Operating Revenues 213,767 213,767 308,934 95,167
Operating Expenses
Administrative Fees 70,000 70,000 1,475 (68,525)
Claims 250,000 250,000 172,707 (77,293)
Premiums 0 0 85,996 85,996
Reimbursed Administrative 70,564 70,564 70,564 0
Contingency 10,000 10,000 0 (10,000)
Total Operating Expenses 400,564 400,564 330,742 (69,822)
Operating Income (Loss)(186,797)(186,797)(21,808)164,989
Nonoperating Revenues (Expenses)
Investment Income 5,172 5,172 13,542 8,370
Other, Net 0 0 (13,510)(13,510)
Total Nonoperating Revenues (Expenses)5,172 5,172 32 (5,140)
Net Income (Loss)(181,625)$ (181,625)$ (21,776)$ 159,849$
See reconciliation to GAAP on page 158.
156
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
SCHEDULE FOR RECONCILIATION OF REVENUES AND EXPENSES (BUDGETARY BASIS)
TO GAAP BASIS STATEMENT OF INCOME
For the Fiscal Year Ended September 30, 2002
Communication Employee Equipment Fleet Print/Mail
Services Benefits Replacement Maintenance Services
Total Revenues Per Budget - Actual 603,449$ 3,734,848$ 4,092,482$ 1,292,046$ 389,833$
Less Total Expenses Per Budget - Actual 617,237 3,372,147 2,009,373 1,315,340 394,304
Net Income (Loss), Budgetary Basis (13,788)362,701 2,083,109 (23,294)(4,471)
Add (Subtract) - Expenses (Revenues)
Related to Balance Sheet:
Reverse Capital Outlay 2,546 0 2,003,738 10,589 12,596
Adjust Accrued Vacation 3,078 0 0 (4,535)(420)
Add (Subtract) - Unbudgeted Revenues
(Expenses) Adjustments
FY'01 Depreciation (102,925)0 (2,194,671)(25,851)(10,705)
Current Year Revenue Accrual 0 0 0 0 0
Adjust Claims Payable 0 261,981 0 0 0
Prior Year Revenue Accrual 0 0 0 0 0
FY'01 Bad Debt Expense 0 0 0 0 0
Inventory Adjustment 0 0 0 14,457 0
Investment Accrual and FV Adjustment 474 (3,307)(43,395)557 (109)
Reclass Proceeds from Long Term Debt 0 0 (868,800)0 0
Accrue FY'02 Revenue 0 0 0 2,653 0
Loss on Sale of Equipment 0 0 (10,710)0 0
Net Payroll Adjustment (1,803)0 0 (4,106)(1,243)
Other, Net 2 0 617 (3)(11)
Net Income (Loss), GAAP Basis (112,416)$ 621,375$ 969,888$ (29,533)$ (4,363)$
158
Property and Workers'
Casualty Unemployment Utility Billing Compensation
546,110$ 5,461$ 2,164,218$ 322,476$
591,758 8,711 2,042,561 344,252
(45,648)(3,250)121,657 (21,776)
0 0 0 0
0 0 219 0
0 0 (51,656)0
0 0 4,252 0
(19,173)0 0 24,093
0 0 (6,585)0
0 0 (12,608)0
0 0 0 0
(5,188)(1,277)731 (3,416)
0 0 0 0
0 0 0 0
0 0 0 0
0 0 (6,584)0
0 0 (748)0
(70,009)$ (4,527)$ 48,678$ (1,099)$
159
161
TRUST FUNDS
Trust Funds are used to account for assets held by the City in a trustee capacity.
Cemetery Perpetual Care Non-Expendable Trust Fund - to account for principal trust amounts
received and related interest income for the College Station cemetery.
CITY OF COLLEGE STATION, TEXAS
CEMETERY PERPETUAL CARE FUND
BALANCE SHEET
SEPTEMBER 30, 2002
Current Assets
Equity in Cash and Cash Equivalents 398,446$
Equity in Investments 336,694
Receivables
Accrued Interest 3,771
Accounts 3,191
Less Allowance for Uncollectible Accounts (679)
Inventories 3,226
Total Assets 744,649$
Liabilities and Fund Balances
Liabilities
Accounts Payable 1,582$
Total Liabilities 1,582
Fund Balances
Reserved
Reserved for Perpetual Care 743,067
Total Fund Balances 743,067
Total Liabilities and Fund Balances 744,649$
162
CITY OF COLLEGE STATION, TEXAS
CEMETERY PERPETUAL CARE FUND
STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND BALANCE
For the Fiscal Year Ended September 30, 2002
Revenues
Sale of Cemetery Lots 90,618$
Investment Income 25,289
Contributions 5,125
Other 0
Total Revenues 121,032
Operating Expenses
Maintenance 6,094
Other 7,434
Total Operating Expenses 13,528
Net Income 107,504
Fund Balances, October 1 635,563
Fund Balances, September 30 743,067$
163
CITY OF COLLEGE STATION, TEXAS
CEMETERY PERPETUAL CARE FUND
STATEMENT OF CASH FLOWS
For the Fiscal Year Ended September 30, 2002
Nonexpendable
Trust
Cash Flows from Operating Activities:
Cash Received from Customers 104,001$
Cash Payments to Suppliers for Goods and Services (13,540)
Cash Received from Contributions 5,125
Cash Received for Miscellaneous Revenues 0
Net Cash Provided by Operating Activities 95,586
Cash Flows from Investing Activities:
Purchase of Investments (517,684)
Proceeds from Sale and Maturities of
Investment Securities 496,358
Investment Income 28,257
Net Cash Provided by Investing Activities 6,931
Net Increase in Cash and Cash Equivalents 102,517
Cash and Cash Equivalents, October 1 295,929
Cash and Cash Equivalents, September 30 398,446$
Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:
Operating Income 107,504$
Adjustment to Reconcile Operating Income to Net
Cash Provided (Used) by Operating Activities:
Investment Income (25,289)
Change in Assets and Liabilities:
Change in Accounts Receivable 14,062
Change in Inventory 0
Change in Accounts Payable (691)
Total Adjustments (11,918)
Net Cash Provided by Operating Activities 95,586$
164
165
GENERAL FIXED ASSETS ACCOUNT GROUP
To account for fixed assets not used in proprietary fund operations.
General Fixed Assets:
Building and Building Improvements 19,280,202$
Improvements 58,129,551
Machinery and Equipment 11,959,334
Parks System 14,743,069
Construction in Progress 18,000,215
Land 18,240,824
Total General Fixed Assets 140,353,195$
Investment in General Fixed Assets from:
Capital Projects 98,903,932$
General Fund Revenues 8,943,070
Special Revenue Funds 5,850,624
Contributions 19,733,532
Acquisitions Prior to July 1, 1979 - Source Undetermined 6,922,037
Total Investment in General Fixed Assets 140,353,195$
CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSETS ACCOUNT GROUP
SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE
September 30, 2002
167
Buildings and Machinery
Building Tools and
Total Land Improvements Equipment
General Fund:
General Government 776,466$ $0 101,868$ 516,965$
Fiscal/Human Resources 545,519 0 10,654 534,865
Public Services 800,746 1,500 45,028 700,673
Police 699,902 0 18,571 681,331
Fire 1,075,317 0 3,869 1,071,448
Development Services 419,361 0 11,140 407,725
Parks 1,410,678 0 283,803 564,769
Management Services 1,208,383 0 9,223 1,199,160
Other 1,404,091 1,404,091 0 0
Library 303,265 40,000 0 263,265
Economic Development 245,693 14,470 180,404 0
Total General Fund 8,889,421 1,460,061 664,560 5,940,201
Special Revenue Funds:
Parks Escrow 495,712 39,667 0 1,300
Federal Grants 3,897,770 349,062 514,205 57,601
Hotel/Motel 115,358 115,358 0 0
Other 1,185,621 33,413 1,099,647 32,509
Total Special Revenue Funds 5,694,461 537,500 1,613,852 91,410
Capital Projects Funds:
Certificate of Obligation 1,732,352 637,168 400,000 695,184
Capital Equipment 3,450,574 0 274,985 3,076,077
Southwest Parkway 642,231 0 0 0
1971 Bond Fund 172,838 0 0 0
1976 Bond Fund 126,377 0 1,495 0
1978 Bond Fund 533,706 0 25,141 0
1978II Bond Fund 2,803,997 485,325 579,005 13,967
1981 Bond Fund 1,904,043 224,979 1,114,176 930
1982 Bond Fund 3,898,839 372,834 1,237,290 284,443
1982II Bond Fund 10,458,784 1,734,849 1,488,468 694,379
1984 Bond Fund 9,656,153 799,116 4,136,771 170,717
1989 Bond Fund 2,506,805 91,112 583,492 14,561
1991 Bond Fund 6,236,990 13,794 0 0
1995 Bond Fund 5,420,628 776,854 2,353,744 0
General Government Projects 3,531,386 1,613,889 1,682,636 191,511
Parks Project Fund 5,154,962 1,503,117 0 0
Streets Project Fund 11,987,841 1,383,851 0 244,108
College Station Business Park Fund 9,244,649 4,828,797 1,045,793 0
Northgate Revitalization 1,214,451 257,854 126,937 0
Drainage Fund 435,925 63,117 0 0
Total Capital Projects Funds 81,113,531 14,786,656 15,049,933 5,385,877
Contributions/Donations 19,733,532 0 0 3,890
Acquisitions Prior to July 1, 1979 - Source
Undetermined 6,922,035 1,456,607 1,951,857 537,956
Total General Fixed Assets
Allocated to Functions 122,352,980 18,240,824 19,280,202 11,959,334
Contruction in Progress 18,000,215 0 3,432,739 621,324
Total General Fixed Assets 140,353,195$ 18,240,824$ 22,712,941$ 12,580,658$
CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSET ACCOUNT GROUP
SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE, FUNCTION AND ACTIVITY
September 30, 2002
168
Parks
System Improvements
7,633$ $150,000
0 0
53,545 0
0 0
0 0
0 496
562,106 0
0 0
0 0
0 0
0 50,819
623,284 201,315
454,745 0
373,866 2,603,036
0 0
0 20,052
828,611 2,623,088
0 0
89,835 9,677
0 642,231
0 172,838
13,249 111,633
162,399 346,166
1,070,353 655,347
22,568 541,390
423,381 1,580,891
4,633,604 1,907,484
589,711 3,959,838
5,574 1,812,066
1,591,370 4,631,826
225,076 2,064,954
0 43,350
3,651,845 0
0 10,359,882
0 3,370,059
0 829,660
0 372,808
12,478,965 33,412,100
0 19,729,642
812,209 2,163,406
14,743,069 58,129,551
4,101,361 9,844,791
18,844,430$ 67,974,342$
169
General Fixed General Fixed
Assets Transfers/Assets
09/30/01 Additions Retirements Other 09/30/02
Function and Activity
General Fund:
General Government 626,466$ 150,000$ $0 $0 776,466$
Fiscal and Human Resources 505,065 40,454 0 0 545,519
Public Services 864,573 4,617 (68,444)0 800,746
Police 628,542 85,834 (14,474)0 699,902
Fire 1,060,127 65,099 (49,909)0 1,075,317
Development Services 419,361 0 0 0 419,361
Parks 1,248,360 182,228 (19,910)0 1,410,678
Management Services 1,147,620 60,763 0 0 1,208,383
Other 1,404,091 0 0 0 1,404,091
Library 240,000 63,265 0 0 303,265
Economic Development 245,693 0 0 0 245,693
Total General Fund 8,389,898 652,260 (152,737)0 8,889,421
Special Revenue Funds:
Federal Grants 3,897,282 488 0 0 3,897,770
Parks Escrow 453,241 42,471 0 0 495,712
Other 1,300,979 0 0 0 1,300,979
Total Special Revenue Funds 5,651,502 42,959 0 0 5,694,461
Capital Projects Funds:
Certificates of Obligation 1,732,352 0 0 0 1,732,352
Southwest Parkway 642,231 0 0 0 642,231
1971 Bond Funds 172,838 0 0 0 172,838
1976 Bond Funds 126,377 0 0 0 126,377
1978 Bond Funds 533,706 0 0 0 533,706
1978 II Bond Funds 2,803,997 0 0 0 2,803,997
1981 Bond Funds 1,904,043 0 0 0 1,904,043
1982 Bond Funds 3,898,839 0 0 0 3,898,839
1982 II Bond Funds 10,458,784 0 0 0 10,458,784
1984 Bond Funds 9,656,153 0 0 0 9,656,153
1989 Bond Funds 2,506,805 0 0 0 2,506,805
1991 Bond Funds 6,236,990 0 0 0 6,236,990
1995 Bond Funds 5,420,628 0 0 0 5,420,628
General Government Projects 3,344,732 186,654 0 0 3,531,386
Parks Projects Fund 4,958,370 196,592 0 0 5,154,962
Streets Projects Fund 10,075,515 1,912,326 0 0 11,987,841
College Station Business Park 9,188,447 56,202 0 0 9,244,649
Northgate Revitalization 1,214,451 0 0 0 1,214,451
Drainage Fund 210,817 225,108 0 0 435,925
Capital Equipment 3,417,757 32,817 0 0 3,450,574
Total Capital Projects Funds 78,503,832 2,609,699 0 0 81,113,531
Contributions/Donations 16,231,699 3,501,833 0 0 19,733,532
Acquisitions Prior to July 1, 1979 -
Source Undetermined 6,922,035 0 0 0 6,922,035
Construction in Progress 7,975,585 13,246,440 (3,221,810)0 18,000,215
Total General Fixed Assets 123,674,551$ 20,053,191$ (3,374,547)$ $0 140,353,195$
CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSET ACCOUNT GROUP
SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY
For the Fiscal Year Ended September 30, 2002
170
171
STATISTICAL SECTION
172
CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENTAL REVENUES AND OTHER FINANCING SOURCES (1)
LAST TEN FISCAL YEARS
Fiscal
Year
General Property
Tax
Franchise Fees Sales & Mixed
Drink Tax
Licenses &
Permits
Fines, Forfeits
& Penalties
1993 $1,627,228 $407,168 $7,995,877 $445,585 $893,649
1994 2,086,274 358,392 8,776,093 557,440 915,126
1995 2,365,740 485,368 9,008,363 523,725 1,003,547
1996 2,632,408 1,876,572 (2)9,605,208 513,624 1,342,865
1997 2,733,016 1,088,349 9,929,157 487,300 1,177,057
1998 2,753,863 1,415,464 11,107,446 577,032 1,233,604
1999 3,139,361 1,523,736 11,662,546 643,968 1,208,499
2000 3,420,720 1,577,815 12,759,591 680,776 1,393,505
2001 3,813,167 1,644,627 13,031,079 779,159 1,796,203
2002 4,555,345 1,714,241 13,634,978 870,636 2,225,354
(1)Revenues presented include the General and Debt Service Funds.
(2) Increase due to a one-time recovery of back franchise fees in the amount of $1.2 million.
Source: City of College Station
10.0
20.0
30.0
40.0
Dollars (millions)'93 '94 '95 '96 '97 '98 '99 '00 '01 '02S1
Fiscal Year
Total General Governmental Revenues
& Other Financing Sources
(for the last ten fiscal years)
173
GENERAL GOVERNMENTAL REVENUES AND OTHER FINANCING SOURCES (1)
LAST TEN FISCAL YEARS
Charges for
Services
Operating
Transfers All Other
Other Financing
Sources
Debt Service
Property Tax Total
$904,004 $4,266,504 $800,690 $68,213 $3,351,369 $20,760,287
1,066,268 4,407,529 760,676 2,731,232 3,634,353 25,293,383
1,181,703 4,915,000 1,009,282 3,478,224 4,124,236 28,095,188
1,249,491 5,523,091 962,608 199,300 4,583,665 28,488,832
1,250,952 5,387,075 1,304,713 6,828,120 4,801,894 34,987,633
1,368,883 5,396,700 1,324,899 32,375 5,024,027 30,234,293
1,463,432 5,664,744 1,414,194 22,082 5,133,118 31,875,680
1,681,877 6,303,785 1,622,967 55,403 5,546,863 35,043,302
1,892,964 6,895,193 1,750,703 24,329 5,986,114 37,613,538
2,160,678 7,288572 1,369,579 30,106 7,160,962 41,010,751
174
CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENTAL EXPENDITURES AND OTHER USES BY FUNCTION (1)
LAST TEN FISCAL YEARS
Fiscal
Year
General
Government Police Fire
Public
Works
Parks and
Recreation
1993 $5,289,911 $4,054,244 $3,331,309 $2,266,145 $2,838,541
1994 5,923,568 4,715,064 3,454,391 2,533,983 3,083,389
1995 6,832,606 5,041,596 3,827,835 2,428,727 3,629,244
1996 6,669,982 5,357,437 3,887,596 3,554,664 3,820,477
1997 7,005,557 5,860,586 3,898,305 3,142,284 4,146,567
1998 6,264,446 6,289,005 4,195,334 3,821,635 4,263,428
1999 7,045,038 6,903,838 4,841,832 3,923,009 4,592,990
2000 7,812,664 7,567,620 5,179,104 4,353,073 5,168,231
2001 8,783,263 8,273,632 5,702,804 4,583,796 5,185,737
2002 9,731,964 8,914,893 6,405,874 5,211,720 6,045,622
(1)Expenditures presented include the General and Debt Service Funds.
(2)Includes refunding of $3,460,000 of short term debt.
Source: City of College Station
10.0
20.0
30.0
40.0
Dollars (millions)'93 '94 '95 '96 '97 '98 '99 '00 '01 '02
Fiscal Year
Total General Governmental Expenditures and Other Uses
(for the last ten fiscal years)
175
CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENTAL EXPENDITURES AND OTHER USES BY FUNCTION (1)
LAST TEN FISCAL YEARS
Library
Services
Capital
Outlay
Reimbursed
Administrative
All
Other
Debt
Service
Operating
Transfers
Out Total
$283,478 $412,314 $(2,843,580)$398,100 $3,508,905 $0 $19,539,367
282,255 1,120,536 (2,886,557)251,454 3,320,922 445,000 22,244,005
327,393 480,470 (2,966,008)298,041 7,364,085 (2)2,438,668 29,702,657
326,310 593,796 (3,371,737)314,767 5,601,567 80,500 26,835,359
367,545 365,591 (3,240,805)336,410 4,517,030 6,761,040 33,160,110
546,437 641,779 (3,683,731)448,263 4,607,064 2,478,117 29,871,777
571,742 659,861 (4,034,541)344,589 4,997,131 757,030 30,602,519
600,778 397,312 (4,645,701)544,170 5,582,927 1,115,376 33,675,554
581,768 376,328 (5,287,928)606,757 7,700,234 767,000 37,273,391
734,083 150,000 (5,823,852)305,049 9,384,142 480,807 41,540,302
176
CITY OF COLLEGE STATION, TEXAS
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
Fiscal
Year
Total
Tax Levy
Tax
Collections
Percent
of Levy
Collected
Delinquent
Tax
Collections
1993 $4,902,798 $4,816,407 98.24 %$107,407
1994 5,681,754 5,591,040 98.40 129,587
1995 6,471,493 6,403,250 98.95 86,727
1996 7,171,715 7,086,990 98.82 74,982
1997 7,506,754 7,433,046 99.02 60,133
1998 7,758,131 7,688,127 99.10 50,005
1999 8,292,212 8,164,162 98.46 59,095
2000 9,068,352 8,866,966 97.78 47,940
2001 9,939,852 9,684,038 97.43 62,887
2002 11,892,629 11,570,787 97.29 80,751
Source: City of College Station
3.5
4.5
5.5
6.5
7.5
8.5
9.5
10.5
11.5
Dollars (millions)'93 '94 '95 '96 '97 '98 '99 '00 '01 '02
Fiscal Year
Total Tax Collections
(for the last ten fiscal years)
177
CITY OF COLLEGE STATION, TEXAS
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
Total Tax
Collections
Total Collections as
a Percent of Current
Levy
Outstanding
Delinquent
Taxes
Outstanding
Delinquent Taxes as
a Percent of Current
Levy
$4,923,814 100.43 %$324,685 6.62 %
5,720,627 100.68 282,137 4.97
6,489,977 100.29 249,879 3.86
7,161,972 99.86 233,927 3.26
7,493,179 99.82 215,100 2.87
7,738,132 99.74 233,548 3.01
8,223,257 99.17 200,077 2.41
8,914,906 98.31 134,418 1.48
9,746,925 98.06 248,883 2.50
11,651,538 97.97 328,666 2.76
178
179
CITY OF COLLEGE STATION, TEXAS
ASSESSED VALUE OF TAXABLE PROPERTIES (1)
LAST TEN FISCAL YEARS
Fiscal
Year
Land and
Improvements
Personal Property
and Minerals
Less
Exemptions
and Abatements
Less TIF (2)
Captured Value Total
1993 $1,184,748,445 $168,378,927 $164,570,381 0 $1,188,556,991
1994 1,145,143,509 172,473,765 41,945,080 0 1,275,672,194
1995 1,315,229,397 183,852,688 44,813,941 0 1,454,268,144
1996 1,500,298,696 158,694,184 47,371,511 0 1,611,621,369
1997 1,699,990,449 235,332,211 234,121,234 5,526,343 1,695,675,083
1998 1,813,136,426 251,996,841 245,085,209 12,889,738 1,807,158,320
1999 1,946,701,852 261,317,181 276,453,209 18,504,453 1,913,061,371
2000 2,134,828,786 285,990,138 308,471,247 37,318,353 2,075,029,324
2001 2,357,679,796 303,435,454 345,752,888 41,698,188 2,273,664,174
2002 2,565,933,396 304,577,588 380,950,901 39,379,860 2,450,180,223
(1) Assessed Value is 100% of the estimated actual value.
(2) Tax Increment Financing District (TIF)
Sources:Brazos County Appraisal District
2001 Certified Appraisal Roll
1.00
1.20
1.40
1.60
1.80
2.00
2.20
2.40
Dollars (billions)'93 '94 '95 '96 '97 '98 '99 '00 '01 '02
Fiscal Year
Assessed Value of Taxable Properties
(for the last ten fiscal years)
180
CITY OF COLLEGE STATION, TEXAS
PROPERTY TAX RATES, RATIOS AND LEVIES
ALL DIRECT AND OVERLAPPING GOVERNMENTS
LAST TEN FISCAL YEARS
Tax Rates (2)
(Per $100 of Assessed Value)
Fiscal
Year (1)City School County Total (3)
1993 $.4125 $1.680 $.439 $2.5315
1994 .4450 1.630 .434 2.5090
1995 .4450 1.610 .418 2.4730
1996 .4450 1.610 .410 2.4650
1997 .4427 1.690 .418 2.5507
1998 .4293 1.740 .417 2.5863
1999 .4293 1.750 .417 2.5963
2000 .4293 1.750 .417 2.5963
2001 .4293 1.750 .410 2.5893
2002 .4777 1.790 .420 2.6877
(1)Tax rates are established by each taxing jurisdiction on an annual basis for
revenues to be collected in the following fiscal year.
(2)The date that taxes are due for all jurisdictions is October 1. Taxes for all
jurisdictions become delinquent on February 1. The penalty is set by state law at
6% in February, and an additional 1% per month up to 12%. The interest is
accrued at 1% per month.
(3)The upper limit of the tax rate is set at $2.50/$100 of assessed value for each
jurisdiction by State Statute. This limit is for both operations and debt service
combined.
Source: Brazos County Appraisal District
181
CITY OF COLLEGE STATION, TEXAS
PROPERTY TAX RATES, RATIOS AND LEVIES
ALL DIRECT AND OVERLAPPING GOVERNMENTS
LAST TEN FISCAL YEARS
Tax Ratios Original Tax Levies
City School County City School County
100 %100 %100 %$4,902,806 $21,608,259 $12,789,846
100 100 100 5,681,754 23,390,262 13,374,336
100 100 100 6,471,498 26,261,015 14,211,900
100 100 100 7,171,715 28,663,937 15,071,727
100 100 100 7,506,754 31,524,892 15,968,203
100 100 100 7,758,131 33,969,261 17,043,370
100 100 100 8,292,212 36,786,152 17,749,813
100 100 100 9,068,352 39,822,571 18,917,599
100 100 100 9,939,852 44,121,783 20,283,475
100 100 100 11,892,630 48,527,735 22,629,312
0.0
0.5
1.0
1.5
2.0
2.5
Dollars(per $100 of Assessed Value)'93 '94 '95 '96 '97 '98 '99 '00 '01 '02
Fiscal Year
Property Tax Rates
(for the last ten fiscal years)
City School County
182
CITY OF COLLEGE STATION, TEXAS
PAVING ASSESSMENT COLLECTIONS
LAST TEN FISCAL YEARS
Fiscal
Year
Current
Assessment
Assessment
s Collected
Percentage of
Assessments
Collected (%)
Total
Outstanding
Assessments
1993 $0 58,358 28.95%$143,250
1994 0 4,779 3.34 138,471
1995 0 59,141 42.71 79,330
1996 0 17,217 21.70 62,113
1997 0 2,152 3.46 59,962
1998 0 36,367 60.65 23,595
1999 0 503 2.13 23,092
2000 0 1,296 5.61 21,796
2001 0 350 1.61 21,446
2002 0 0 0 21,796
Source: City of College Station Fiscal Services Department
183
CITY OF COLLEGE STATION, TEXAS
COMPUTATION OF LEGAL DEBT MARGIN
SEPTEMBER 30, 2002
The City has no general obligation legal debt limit other than a ceiling on the tax rate as
specified by the State of Texas. The prescribed maximum is $2.50 per $100 at 100%
valuation.
184
CITY OF COLLEGE STATION, TEXAS
RATIO OF NET GENERAL BONDED DEBT TO ASSESSED VALUE
AND NET BONDED DEBT PER CAPITA
LAST TEN FISCAL YEARS
Fiscal
Year
Estimated
Population
Assessed
Value
Gross
Bonded Debt
1993 54,449 (1)$1,188,556,991 $19,014,385
1994 56,374 (1)1,275,672,194 17,028,340
1995 58,627 (1)1,454,268,144 25,722,210
1996 60,040 (1)1,611,621,369 22,263,475
1997 61,525 (1)1,695,675,083 25,388,915
1998 63,130 (1)1,807,158,320 28,960,000
1999 66,200 (1)1,913,061,371 32,750,000
2000 68,038 (2)2,075,029,324 38,700,000
2001 70,308 (1)2,273,664,174 39,375,000
2002 72,500 (1)2,450,180,223 41,665,000
(1)Source: Metropolitan Planning Organization & City of College Station Planning
Division
(2)Source: U.S. Government Preliminary Census
185
CITY OF COLLEGE STATION, TEXAS
RATIO OF NET GENERAL BONDED DEBT TO ASSESSED VALUE
AND NET BONDED DEBT PER CAPITA
LAST TEN FISCAL YEARS
Less Debt Service
Cash Funds Net
Bonded Debt
Ratio of
Net Bonded Debt
To Assessed Valuation
Net
Bonded Debt
Per Capita
$870,035 $18,144,350 1.53 $333
1,364,212 15,664,128 1.23 278
1,845,774 23,876,436 1.64 407
1,189,570 21,073,905 1.31 351
1,947,403 23,441,512 1.38 381
2,826,148 26,133,852 1.45 414
3,472,280 29,277,720 1.53 442
4,202,042 34,497,958 1.66 507
1,722,254 37,652,746 1.66 536
1,287,038 40,377,962 1.65 557
275
325
375
425
475
525
575
Dollars'93 '94 '95 '96 '97 '98 '99 '00 '01 '02
S1
Fiscal Year
Net Bonded Debt per Capita
(for the last ten fiscal years)
186
CITY OF COLLEGE STATION, TEXAS
SCHEDULE OF DIRECT AND ESTIMATED OVERLAPPING DEBT
SEPTEMBER 30, 2002
Gross Debt City's Share
Taxing Body Amount As Of Percent Amount
Per
Capita *
ESTIMATED OVERLAPPING DEBT
College Station I.S.D. (1)$ 61,923,354 8/31/02 83.48% $51,693,616 $713
Brazos County (2)26,015,000 9/30/02 46.80 12,175,020 168
Bryan I.S.D. (3)62,717,358 8/31/02 5.17 3,242,487 45
$ 67,111,123 926
NET BONDED DEBT
City of College Station(4)74,945,000 9/30/02 100.00 74,945,000 1,034
NET BONDED AND ESTIMATED OVERLAPPING DEBT $ 142,056,123 $ 1960
* Population: 72,500
(1) Source: College Station Independent School District
(2) Source: Brazos County Auditor
(3) Source: Bryan Independent School District
(4) Source: City of College Station Finance Department
187
CITY OF COLLEGE STATION, TEXAS
RATIO OF ANNUAL DEBT SERVICE EXPENDITURES
FOR GENERAL OBLIGATION DEBT
TO TOTAL GENERAL GOVERNMENTAL EXPENDITURES AND OTHER USES
LAST TEN FISCAL YEARS
Fiscal
Year Principal
Interest, Fiscal
and Other
Charges
Total Debt
Service
Total General
Governmental
Expenditures
and Other Uses Ratio
1993 $2,111,906$1,396,999 $3,508,905 $19,539,367 17.96%
1994 2,066,045 1,254,877 3,320,922 22,244,005 14.93
1995 5,796,130 (1)1,519,907 7,316,037 29,702,657 24.63
1996 3,938,735 1,660,441 5,599,176 26,835,359 20.86
1997 2,694,075 1,738,745 4,432,820 33,160,110 13.37
1998 3,113,915 1,483,793 4,597,708 29,871,777 15.39
1999 2,845,000 2,141,792 4,986,792 30,602,519 16.30
2000 3,460,000 2,122,927 5,582,927 33,675,554 16.58
2001 4,475,000 3,222,734 7,697,734 37,273,391 20.65
2002 5,950,000 3,434,142 9,384,142 41,540,302 22.59
(1)Includes refunding of $3,460,000 of short term debt.
Source: City of College Station
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
Dollars (millions)'93 '94 '95 '96 '97 '98 '99 '00 '01 '02
Fiscal Year
Ratio of Annual Debt Service Expenditures for General Obligation Debt
to Total General Governmental Expenditures and Other Uses
(for the last ten fiscal years)
Debt Service Expense General & Other Total
188
CITY OF COLLEGE STATION, TEXAS
UTILITY FUNDS
SCHEDULE OF REVENUE BOND COVERAGE
LAST TEN FISCAL YEARS
Fiscal
Year
Operating
Revenues
Operating
Expenses
(Excluding
Depreciation)
Net
Revenues
Average
Total
Annual
Coverage
Maximum
Total
Annual
Coverage
1993 $39,637,874 $28,912,833 $10,725,041 $1,683,197 6.37 $4,176,525 2.57
1994 (1)48,291,091 36,190,720 12,100,371 1,553,305 7.79 4,176,525 2.90
1995 (1)47,365,953 34,682,369 12,683,584 2,819,408 4.50 6,099,551 2.08
1996 (2)45,380,036 32,395,644 12,984,392 2,655,401 4.89 6,089,271 2.13
1997 48,615,366 29,608,260 19,007,106 2,968,110 6.40 6,388,449 2.98
1998 49,966,216 27,885,854 22,080,362 3,014,943 7.32 5,906,739 3.74
1999 49,101,104 30,080,145 19,020,959 2,844,899 6.69 5,502,384 3.46
2000 52,932,584 41,925,412 11,007,172 3,472,421 3.17 5,687,161 1.94
2001 59,143,896 45,465,778 13,678,118 4,688,518 2.92 6,395,244 2.14
2002 62,141,066 46,274,555 15,866,511 5,825,064 2.72 8,048,707 1.97
(1) In Fiscal Year 1994, the Utility Billing Fund was combined with the Electric Fund for reporting purposes.
(2) In Fiscal Year 1996, the Utility Billing Fund was reported separately as an Internal Service Fund.
Source: City of College Station
189
CITY OF COLLEGE STATION, TEXAS
CONSTRUCTION PERMITS
LAST TEN CALENDAR YEARS
Residential Commercial Total
Year
Number
of
Permits
Value
Number
of
Permits
Value
Number
of
Permits
Value
1993 576 $38,141,976 203 $27,288,295 779 $65,430,271
1994 583 64,673,810 225 20,505,039 808 85,178,849
1995 634 28,514,709 102 38,130,694 736 66,645,403
1996 656 48,953,298 131 14,432,979 787 63,386,277
1997 590 53,435,022 212 47,682,555 802 101,117,577
1998 655 69,831,880 150 57,439,865 805 127,271,745
1999 1,020 87,917,466 138 26,665,024 1,158 114,582,490
2000 639 85,278,855 162 46,094,230 801 131,373,085
2001 782 79,340,756 191 40,194,722 973 119,535,478
2002 776 58,965,494 177 27,658,030 953 86,623,524
Source: City of College Station Development Services
100
300
500
700
900
1100
1300
Number Issued'93 '94 '95 '96 '97 '98 '99 '00 '01 '02
Fiscal Year
Construction Permits
(for the last ten fiscal years)
Residential Commercial
190
CITY OF COLLEGE STATION, TEXAS
PRINCIPAL TAXPAYERS
SEPTEMBER 30, 2002
Taxpayer Type of Business
2002 Assessed
Valuation
Percent of
Total
Assessed
Valuation
C.B.L. and Associates Retail Mall $ 48,629,050 1.98%
W9/JP-M Real Estate Ltd Housing 39,372,000 1.61
Verizon Communications, Inc.Utility 35,913,250 1.47
Universal Computer Services, Inc.Retail 31,665,535 1.29
Alkosser, David &Housing 30,961,300 1.26
College Station Hospital, L.P.Medical 25,402,560 1.04
Melrose Apartments Housing 21,799,500 0.89
Wal-Mart Stores East, Inc Retail 21,412,710 0.87
College Station Exchange, LP Housing 18,800,000 0.77
301 Church Avenue LP Housing 17,000,000 0.69
TOTAL $ 290,955,905 11.87%
Source: Brazos County Appraisal District
191
CITY OF COLLEGE STATION, TEXAS
PRINCIPAL UTILITY CUSTOMERS
SEPTEMBER 30, 2002
Utility
Customer Type of Business
FY 2002
KWH
Consumption
Total Percent of
KWH
Consumed
303,988College Station Independent
School District Schools 16,301,994 2.59 %
City of College Station Municipality 14,989,349 2.38
CBL & Associates Retail Mall 14,095,747 2.23
Wal-Mart Stores Inc.Retail 7,736,747 1.22
State Headquarters/TAMU University 7,466,465 1.18
Krogers Retail Grocery 7,356,640 1.16
Albertsons Retail Grocery 7,258,669 1.15
College Station Medical Hospital 6,901,757 1.09
Dealer Computer Services Technical Support 5,187,600 0.82
Lane C/S Ltd PSP Hotel 4,975,200 0.79
TOTAL 92,270,168 14.61 %
Total KWH Consumption for the period October 1, 2001 to September 30, 2002 was 629,594,611.
Source: City of College Station Utility Billing Division
303,988
192
CITY OF COLLEGE STATION
SUMMARY OF INSURANCE COVERAGE
September 30, 2002
Insurance Company Coverage Self Insured
Retention
Limits
North River Ins Co.Worker Compensation $250,000 Statutory
North River Ins Co.General Liability $250,000 per $5,000,000 per
Law Enforcement Liability occurrence occurrence
$15,000,000
annual aggregate
North River Ins Co.Errors & Omissions Liability $250,000 per $5,000,000 per
wrongful act wrongful act
$15,000,000
annual aggregate
North River Ins Co.Automobile Liability $250,000 per $5,000,000 per
occurrence occurrence
Texas Municipal League Catastrophe Coverage $100,000 $6,629,431
Texas Municipal League Real & Personal Property $100,000 per replacement cost/
occurrence $68,632,048
annual aggregate
Texas Municipal League Mobile Equipment $100,000 per actual cash value/
occurrence $5,095,324
annual aggregate
Texas Municipal League Boiler & Machinery $100,000 per $5,000,000 per
accident accident
Texas Municipal League Public Employee Dishonesty $100,000 per $1,000,000
year annual limit
193
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 2002
Date incorporated October 1938
Date first charter adopted October 1938
Date present charter amended May 1992
Form of government Council-Manager
Area in square miles:
Year
Square
Miles
1938 1.5
1948 4.2
1958 7.3
1968 17.3
1978 22.6
1982 23.8
1986 26.7
1988 27.7
1992 28.1
1994 30.0
1996 38.2
1998 40.8
Miles of streets Paved
Unpaved
711 Miles
3 Miles
Miles of sidewalks 89 Miles
Fire Protection:
Number of stations 4
Number of full-time employees 81
Police Protection:
Number of employees (sworn)99
Number of employees (civilian)49
Number of patrol units 25
One jail facility with a capacity of 17
Recreation:
Number of playgrounds 35
Number of basketball courts 22
Number of swimming pools 3
Number of soccer fields 19
Number of softball/baseball fields 19
Number of tennis courts 27
Number of picnic shelters 16
Number of gyms 1
Number of volleyball courts 7
Number of nature trails 4
Number of open play areas 25
Number of picnic pavilions 6
Number of jogging/walking trails 20
(Continued)
194
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 2002
(Continued)
Parks:
Facility Acres Facility Acres
Anderson Park 8.90 Merry Oaks 4.60
Arboretum/Bee Creek 43.50 Oaks Park 7.50
Bill Madeley Park 5.14 Parkway 1.90
Brison Park 9.20 Pebble Creek Park 10.20
Brother's Pond Park 16.12 Raintree 13.00
Castlegate 4.35 Richard Carter Park 7.14
College Station Central Park 47.20 Sandstone 15.21
Conference Center 2.30 Shenandoah 12.10
Cy Miller Park 2.50 Southwest Park Site 4.78
Eastgate 1.80 Southwood Complex 44.70
Edelweiss 12.30 Steeplechase Park Site 9.00
Edelweiss Gardens 7.74 Thomas Park 16.10
Emerald Forest Park 4.59 University Park Site 10.20
Gabbard Park 10.70 Veterans Athletic Park 150.00
Georgia K. Fitch 11.30 W.A. Tarrow Park (includes Lincoln)21.26
Hensel Park - TAMU 29.70 Westfield 4.29
Jack and Dorothy Miller Park 10.00 Windwood 1.37
Lemon Tree Park 15.40 Wolfpen Creek Park 19.49
Lick Creek Park 515.50 Woodcreek Park 6.60
Lion's Park 1.50 Woodway Park Site 9.26
Longmire Park 4.16
Luther Jones 1.80
TOTAL ACREAGE 1,134.40
Utility Funds:
Electric Customers (Connections)33,386
Average Electrical Consumption:52,466,218 KWH/Month
Water Customers (Connections)23,210
Average Water Consumption:262,541 MGW/Month
Number of Employees:
Electric 50
Water 30
Sewer 36
Water Capacity:
Number of Wells 6
Combined Capacity of Wells 19,000,000 GAL/day
Number of Ground Storage Tanks, 2 Total capacity 8,000,000 GALS
Number of Elevated Storage Tanks, 2 Total capacity 3,000,000 GALS
Miles of Water Lines 294 Miles
(Continued)
195
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 2002
(Continued)
Electric Capacity:
Maximum Capacity 255 megawatts
Annual Peak Demand 150 megawatts
Number of Substations 4
Miles of Distribution Lines 400 Miles
Miles of Sewer Lines 252 Miles
Solid Waste Collection Fund:
Number of Users (Units)23,947
Methodology Curbside pickup using automated containers
Education:
Attendance centers 11
Number of classrooms 550
Number of teachers 600
Number of students 7,300
Elections:
Number of registered voters:
Last general election (Brazos Count y)91,220
Last municipal election 45,024
Number of votes cast in:
Last general election (Brazos County)29,175
Last municipal election 3,703
Percentage of registered voters voting in:
Last general election (Brazos County)32%
Last municipal election 8.22%
Population:
Estimate 2000 68,038
Census Count 1990 52,456
1980 37,296
1970 17,676
1960 11,396
1950 7,925
Source: City of College Station
(Continued)
196
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 2002
(Continued)
ACTUAL TEXAS A&M UNIVERSITY ENROLLMENT
BY FALL SEMESTERS
Year University Enrollment
1993 42,524
1994 42,018
1995 41,790
1996 41,892
1997 41,461
1998 43,389
1999 43,442
2000 44,026
2001 44,618
2002 45,143
PRIMARY LABOR FORCE FOR COLLEGE STATION
Year
Total
Labor Force
Number
Employed
Number
Unemployed
Percent
Unemployed
1993 26,490 25,745 745 2.8
1994 27,312 26,546 766 2.8
1995 27,430 26,561 869 3.2
1996 26,691 25,973 718 2.7
1997 28,453 27,862 591 2.1
1998 28,889 28,377 512 1.8
1999 30,793 30,246 547 1.8
2000 31,273 30,802 471 1.5
2001 30,572 30,020 552 1.8
2002 29,734 29,105 629 2.1
Source: Texas Workforce Commission (Austin, Texas)