HomeMy WebLinkAboutFY 1994-1995 -- Comprehensive Annual Financial ReportThe City of
College Station, Texas
omprehensive
inancial
eport
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For the Fiscal Year
Ended September 30, 1995
CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
PREPARED BY THE
CITY OF COLLEGE STATION FINANCE DEPARTMENT
GLENN SCHROEDER, EXECUTIVE DIRECTOR
FOR FISCAL AND HUMAN RESOURCES
KATHLEEN HUBBARD, ACCOUNTING MANAGER
{) Printed on Recycled Paper
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Table of Contents
INTRODUCTORY SECTION
Page
Letter of Transmittal ........ ·. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
GFOA Certificate of Achievement for Excellence in Financial Reporting . . . . . . . . . . . . . . . 1 5
Organizational Chart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 6
Principal City Officials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 7
FINANCIAL SECTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Independent Auditors' Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
General Purpose Financial Statements for the Fiscal Year Ended September 30, 1995:
Combined Balance Sheet -All Fund Types and Account Groups . . . . . . . . . . . . . . . . . 24
Combined Statement of Revenues, Expenditures and Changes in Fund Balances -All
Governmental Fund Types . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Combined Statement of Revenues, Expenditures and Changes in Fund Balances -Budget
and Actual (Budgetary Basis) -General, Special Revenue, Debt Service and Capital
Projects Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Combined Statement of Revenues, Expenses and Changes in Retained Earnings -All
Proprietary Fund Types . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
Combined Statement of Cash Flows -All Proprietary Fund Types . . . . . . . . . . . . . . . . 36
Notes to General Purpose Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Supplemental Combining, Comparative, Individual Fund and Account Group Statements and
Schedules for the Fiscal Year ended September 30, 1995:
General Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
Comparative Statements of Revenues, Expenditures and Changes in Fund Balances . 72
Schedule of Revenues and Other Financing Sources -Bl}dget and Actual (Budgetary
Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74
Schedule of Expenditures -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . . . 76
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Special Revenue Funds
Table of Contents
(Continued)
Combining Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
Combining Statement of Revenues, Expenditures and Changes in Fund Balances . . . 89
Community Development Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92
Hotel/Motel Tax Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96
· Parks Escrow Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99
Debt Service Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 02
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 03
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and Actual
(Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 04
Capital Projects Funds
Combining Balance Sheet 106
Combining Statement of Revenues, Expenditures and Changes in Fund Balances . . 108
Business Park Fund
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 0
Statement of Revenues, Expenditures and
Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Capital Equipment Fund
Table of Contents
(Continued)
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 3
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 114
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 5
1982 Series II Bond Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 6
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 7
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 8
1 984 Bond Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 9
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 20
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121
1989 Bond Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 122
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 23
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124
1991 Bond Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 26
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127
1995 Bond Fund
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 28
Statement of Revenues, Expenditures and
Changes in Fund Balance ........................ , . . . . . . . . . 129
Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and
Actual (Budgetary Basis) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Enterprise Funds
Combining Balance Sheet
Table of Contents
(Continued)
132
Combining Statement of Revenues, Expenses and Changes in Retained Earnings . . 1 36
Combining Statement of Cash Flows 138
Electric Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144
Schedule of Revenues -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 145
Schedule of Expenses -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 146
Water Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 149
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 51
Schedule of Revenues -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 1 52
Schedule of Expenses -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 1 53
Sewer Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157
Schedule of Revenues -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 158
Schedule of Expenses -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 159
Solid Waste Collection Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 60
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 61
Schedule of Revenues -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 162
Schedule of Expenses -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 163
Cedar Creek Condominium Fund
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 64
Statement of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165
Schedule of Revenues -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 166
Schedule of Expenses -Budget and Actual (Budgetary Basis) . . . . . . . . . . . . 167
Enterprise Funds
Schedule for Reconciliation of Revenues and Expenses (Budgetary Basis) to GAAP
Basis Statement of Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 168
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Internal Service Funds
Combining Balance Sheet
Table of Contents
(Continued)
Combining Statement of Revenues, Expenses and Changes in
172
Retained Earnings (Deficits) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174
Combining Statement of Cash Flows 176
Employee Benefits Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 178
Comparative Statements of Revenues, Expenses and Changes in
Retained Earnings (Deficits) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 179
Schedule of Revenues and Expenses -Budget and Actual (Budgetary Basis) 180
Equipment Replacement Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 81
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 82
Schedule of Revenues and Expenses -Budget and Actual (Budgetary Basis) 183
Landfill Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 84
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings (Deficits) . . . . . . . . . . . . . . . . . . . . . . . . . 185
Schedule of Revenues and Expenses -Budget and Actual (Budgetary Basis) 1 86
Property and Casualty Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 187
Comparative Statements of Revenues, Expenses and Changes in
Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 88
Schedule of Revenues and Expenses -Budget and Actual (Budgetary Basis) 189
Unemployment Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 90
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 191
Schedule of Revenues and Expenses -Budget and Actual (Budgetary Basis) 1 92
Workers' Compensation Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 93
Comparative Statements of Revenues, Expenses and
Changes in Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 94
Schedule of Revenues and Expenses -Budget and Actual (Budgetary Basis) . . 195
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Internal Service Funds
Table of Contents
(Continued)
Schedule for Reconciliation of Revenues and Expenses (Budgetary Basis) to GAAP
Basis Statement of Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 96
Agency Fund
Deferred Compensation Fund
Comparative Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 98
Statement of Changes in Assets and Liabilities . . . . . . . . . . . . . . . . . . . . . . 1 99
General Fixed Assets Account Group
Comparative Schedules of General Fixed Assets by Source 203
Schedule of General Fixed Assets by Source -by Function and Activity 204
Schedule of Changes in General Fixed Assets by Function and Activity 206
STATISTICAL SECTION
General Governmental Revenues and Other Financing Sources 208
General Governmental Expenditures and Other Uses by Function . . . . . . . . . . . . . . . . . . 210
Property Tax Levies and Collections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 212
Assessed Value of Taxable Properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 5
Property Tax Rates, Ratios and Levies -All Direct and Overlapping Governments . . . . . . . 216
Paving Assessment Collections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 8
Computation of Legal Debt Margin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 9
Ratio of Net General Bonded Debt to Assessed Value and Net Bonded Debt Per Capita . . . 220
Schedule of Direct and Estimated Overlapping Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . 222
Ratio of Annual Debt Service Expenditures for General Obligation Debt to Total General
Governmental Expenditures and Other Uses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 223
Utility Funds -Schedule of Revenue Bond Coverage . . . . . . . . . . . . . . . . . . . . . . . . . . . 224
Construction Permits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 225
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Table of Contents
(Continued)
Principal Taxpayers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 226
Principal Utility Customers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 227
Miscellaneous Statistical and Demographic Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228
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INTRODUCTORY SECTION
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16·� r crr.Y. 0��E.?.�a.�, �I�T.!�N � College Station, Texas 77842-9960
March 25, 1996
Honorable Mayor
Members of the City Council
City of College Station, Texas
(409) 764-3500
The Comprehensive Annual Financial Report of the City of College Station, Texas ("City"), for
the fiscal year ended September 30, 1995, is submitted herewith. This report was prepared
by the City's Accounting Division of the Fiscal and Human Resource Department.
Responsibility for the accuracy of the presented data and the completeness and fairness of the
presentation, including all disclosures, rests with the City. We believe 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 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 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 and 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 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
Single Audit Act of 1984 and U.S. Office of Management and Budget Circular A-128, Audits
of State and Local Governments. Information related to this single audit, including the
schedule of federal financial assistance, findings and recommendations, and auditors' reports
on the internal control structure 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 infrastructure; municipal utilities in the areas of
electric, water, sewer, and solid waste collection; recreational activities and cultural events.
Home of Texas A&M University
/.
I
The College Station Independent School District is administered by a separate, elected board
and operates with its own funding sources; therefore, it has not been included in this report.
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 90 miles north of Houston, 165 miles south of Dallas, and
100 miles east of Austin in Brazos County. 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 $579 million annually to the local economy. Texas A&M University has consistently
ranked among the top ten nationally among public institutions in both enrollment and research
grants. Research dollars totalled approximately $312.5 million for 1995. The University has
approximately 19,200 permanent and part-time employees and has a physical plant valued in
excess of $1 .5 billion.
In addition to the University, local employment is provided by more than 75 manufacturing
industries, located in or adjacent to the City, which provide such products as aluminum
windows, business forms, furniture, chemicals, dairy products, feeds and fertilizers, modular
homes, bronze castings, and geophysical survey sensors. A growing research park is located
adjacent to the University. Westinghouse Defense and Electronic Systems Center produces
defense radar-related equipment. Automated Management Systems provides a major
automated accounting service for independent property and casualty insurance agents.
Retail activity in the City is anchored by the 1,000,000square feet of space in Post Oak Mall,
opened in 1982. Major tenants of the shopping center are Sears-Roebuck, Dillard's, Foley's,
Beall's, and J.C. Penney. Major additions to the retail sector during fiscal year 1994-95 are
Hastings Books Music & Video, the expansion of Wal-Mart, and Circuit City. All were
completed in mid 1995.
Brazos County and the City of College Station have become the 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 1 994 that increased the size of that clinic by some
50,000 square feet to 125,000 square feet. In 1987, the Brazos Valley Medical Center
opened a 1 00 bed full service hospital. Since then, two multi-story professional buildings have
been added to the medical complex. One psychiatric hospital, Desert Hills, serves the Brazos
Valley and is located in College Station.
The City, although not immune to the effects of the collapse of the oil and real estate markets
in the state of Texas in the mid-1980s, has been somewhat insulated by the dominant effect
of Texas A&M University on the local economy. Ad valorem property valuations were
substantially unchanged from 1986 through 1991 with net valuations remaining at
approximately $1. 1 billion, as is detailed in the statistical section of this report. Total
valuations in 1995 increased by approximately $185 million over 1994. Additions to the local
economy included residential and commercial development, with significant increases in sales
tax revenues to the municipality in recent years. Oil and gas activity has returned to the
College Station area with the City having permitted 5 well sites during calendar year 1995.
The job market in College Station continues to be strong with Brazos County having a net
increase of approximately 1, 100 jobs in 1995 over 1994 to approximately 70,300 total jobs.
The Bryan-College Station area has led the state and the nation with one of the lowest
unemployment levels for the past six years.
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MAJOR INITIATIVES
The City continues to devote significant attention to its municipal infrastructure. In March
1995, the citizens approved a $22.5 million capital improvement program for general
government. The current plan is to issue the debt over approximately five years in order to
construct all of the projects included in the bond authorization and to meet the goal of no debt
service related ad valorem tax increase. The projects included are streets and sidewalk related
construction, $13.5 million; drainage projects, $1 .8 million; library and public facilities, $3.1
million; new fire station, $1.0 million; and parks improvements, $3.1 million. The first series
of this authorization totaling $4. 7 million was issued in September 1995.
Construction has been completed on the upgrading of Sebesta Road and the extension of
Victoria Avenue. The State of Texas has recently begun the construction on the addition of
two lanes of roadway to Texas Avenue, bringing it to a six lane divided thoroughfare. The
utility relocation for this is the responsibility of the City and is nearing completion. The City
is also converting the existing overhead electrical distribution to underground along major
thoroughfares. Other major street projects being initiated are the rehabilitation of University
Oaks Boulevard and Southwest Parkway. The City also has a continuing program to
reconstruct certain residential and minor collector streets from current revenues. A priority
listing of streets for reconstruction is developed and an annual General Fund appropriation of
approximately $400,000 is devoted to these various projects.
The Cities of College Station and Bryan jointly formed the Brazos Valley Solid Waste
Management Agency ("BVSWMA") in 1990. BVSWMA was formed in order to achieve
economies of scale in the joint operation and planning for a regional landfill facility. The
BVSWMA Board hired an executive director who has taken responsibility for daily operations
of the landfill as well as planning to meet future landfill space requirements. The Agency is
preparing initial studies to locate a new landfill site anticipated to have a life of 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 site that is anticipated to be full between 1999 and 2002.
The City issued $2 million in contractual obligations in September 1 995 to provide one-half
of the funding for the replacement of the City's radio communication system and $725,000
for computer replacements and networking.
Wastewater projects include the upgrading of the City's Carter Creek wastewater treatment
plant to comply with new Environmental Protection Agency and Texas Natural Resource
Conservation Commission treatment guidelines. The City is also rehabilitating major waste
water collection lines in the Eastgate area. Electric projects include system distribution
additions and underground conversion projects related primarily to the Texas Avenue widening
project. The City has also begun an ongoing project to enhance street lighting on
thoroughfares within the City.
Long Term. In 1990, the City entered into a contract with the Texas Municipal Power Agency
("TMPA") cities. The City began receiving power under this contract on December 30, 1991.
Under the terms of the contract, the City was a total requirements customer of the TMPA
cities. In September 1995 the City entered into a four-year contract with Texas Utilities
Electric Company for the purchase of wholesale electric power effective January 1, 1996.
The new contract resulted in significant savings to the City's electrical customers. The City
is currently paying transmission charges to a number of outside utility systems at current
Public Utility Commission of Texas allowed rates but is also in litigation regarding some of
those fees.
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The City has developed a five-year (FY95-00) capital construction program for the electric,
water, and sewer utilities. Total investment in the utility system over the next several years
is anticipated to be approximately $42.8 million, financed with the use of available funds on
hand, revenues and the issuance of $26.9 million in utility revenue bonds. A five-year capital·
improvements plan was approved by the City Council as part of their deliberation on the fiscal
1 995-96 budget.
In May 1992, it was announced that the George Bush Presidential Library would be located
in College Station on the Texas A&M campus. Ground breaking for the $8.9 million library
was held in November 1994. When completed in 1997, the library is anticipated to attract
more than 400,000 visitors per year. College Station has begun preparation for the Bush
Library by placing additional emphasis in areas that will increase the appeal to visitors. Code
enforcement and work in blighted areas has become a priority. The City has adopted a
comprehensive streetscape plan to enhance the visual appeal of the community. The State
of Texas has begun the reconstruction of George Bush Drive into a four-lane thoroughfare with
landscaped medians.
Economic development in College Station takes several forms. Tourism is expected to
continue to play an important role in College Station's economy. In addition to continuing
support for tourism, the master plan for the College Station Business Park is complete. The
plan calls for developing the park in two phases. Streets and other infrastructure construction
has been completed. Currently, landscaping and other amenities are being added with final
completion scheduled for the summer of 1996. The 200 acre city-owned business park will
attract high-tech, clean types of industry. Several prospects are currently waiting for the
completion of Phase I.
FINANCIAL INFORMATION
The City is responsible for establishing and maintaining an internal control structure 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 internal control structure 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 internal control structure is in place to ensure compliance with applicable laws
and regulations related to those programs. This internal control structure is subject to periodic
evaluation by management.
Tests are made to determine the adequacy of the internal control structure, 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, 1995, provided no significant violations of applicable laws
or regulations relating to federal financial assistance programs of the City.
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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 fund level for
all other funds. The City's Budget Office 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. 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, 1995. Comparisons to the previous fiscal year have been
included.
Fiscal Year Fiscal Year
Ended Percent Ended Increase
Revenue Source 9/30/95 of Total 9/30/94 {Decrease)
General Fund Property Tax $ 2,365,740 8.42 % $ 2,086,274 $ 279,466
Sales and Mixed Drink Tax 9,008,363 32.06 8,776,093 232,270
Franchise Fees 485,368 1.73 358,392 126,976
Licenses and Permits 523,725 1.86 557,440 (33, 715)
Fines and Penalties 1,003,547 3.57 915,126 88,421
Charges for Services 1, 181,703 4.22 1,066,268 115,435
Transfer from Enterprise Funds
for Return on Investment 4,915,000 17.49 4,407,529 507,471
Miscellaneous Revenues 1,009,282 3.59 760,676 248,606
Other Financing Sources 3,478,224 12.38 2,731,232 746,992
Debt Service Property Tax 4, 124,236 14.68 3,634,353 489,883
Total Revenues and Other
Financing Sources $28,095, 188 100.00% $25,293,383 $2,801,805
The most significant increase in revenue sources during 1995 was the change in other
financing sources. The increase in this item was due to a debt issuance of $3,400,000 to
refund short term debt issued in the previous year.
The next largest increase was transfer from the Enterprise Funds for return on investment
which increased by 11.5 % in FY 95 over FY 94 due to higher rates in the utility revenues.
The General Fund portion of the ad valorem tax increased by 13.4% as a result of increased
property values. The debt service portion of the ad valorem tax revenue increased by 13.5 %.
Miscellaneous revenues increased by 32. 7 % due to contributions from other government
entities towards a street construction project and a development study. Sales and Mixed
Drink Tax increased by 2.6 % or $232,270.
Only one category of sources of funds declined in FY 95 over FY 94. Licenses and permits
were down for FY 95 due to the reduction in the number of construction permits issued.
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----------------4 REVENUES�BV--S0URCE
GENERAL AND DEBT SERVICE FUNDS
FISCAL YEAR 1995
Other
27.35%
$ 28,095, 188
Property taxes received during fiscal year 1995 were based on a tax levy of 44.50 cents per
$100 of assessed valuation. Under Texas state statutes, assessed valuation represents
100% of market value. The total assessed valuation of $1,454,268, 144 represents a 14.0%
increase from fiscal year 1994. The increase was caused by the completion of two major
retail stores along with strong building activity in the single family residential sector.
Distribution of property tax rates for the last five years is as follows:
Purpose
General Fund
Debt Service Fund
Total Ad Valorem Tax Rate
$ 0.1625 $ 0.1625 $ 0.1350 . $ 0.1225 $ 0.1325
0.2825 0.2825 0.2775 0.2775 0.2675
$ 0.4450 $ 0.4450 $ 0.4125 $ 0.4000 $ 0.4000
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General Fund and Debt Service Fund ExQenditures. The following schedule presents a
summary of General Fund and Debt Service Fund expenditures for the fiscal year ended
September 30, 1995. Comparisons to the previous fiscal year are included.
Fiscal Year Percent Fiscal Year Increase
Function Ended 9/30/95 of Total Ended 9/30/94 !Decrease)
Current:
General Government $ 6,832,606 23.00 % $ 5,923,568 $ 909,038
Police 5,041,596 16.97 4,715,064 326,532
Fire 3,827,835 12.89 3,454,391 373,444
Public Services 2,428,727 8.18 2,533,983 (105,256)
Parks and Recreation 3,629,244 12.22 3,083,389 545,855
Library Services 327,393 1.10 282,255 45, 138
Less: Reimbursed
Administrative Costs (2,966,008) (9.99) (2,886,557) (79,451)
Other 298,041 1.00 251,454 46,587
Debt Service:
Principal 5,796, 130 19.52 2,066,045 3,730,085
Interest and Fiscal
Charges 1,519,907 5.12 1,254,877 265,030
Debt Issuance Costs 48,048 0.16 0 48,048
Capital Outlay 480,470 1.62 1, 120,536 (640,066)
Other Financing Uses 2,438,668 8.21 445,000 1,993,668
Total Expenditures and
Other Financing Uses $ 29,702,657 100.00 % $ 22,244,005 $ 7,458,652
Year to year expenditure increases for the General Fund can be attributed to a number of
general factors and a few specific decisions. The general factors include normal salary and
benefit changes that affect all departments and policy decisions made by the City Council.
The increase in General Government expenditures was due to a number of factors:
(a) eight new positions added in FY 95 (approximately $250,000);
(b) bond election ( $42,000);
(c) continued implementation of the financial policies regarding facility and computer
maintenance and replacement;
(d) other normally occurring increases such as personnel merit increases and inflation.
The increase in the Police Department expenditures was due primarily to four new positions
($185,000). Other cost increases were due to normal year to year changes for salaries,
utilities and other operating costs.
The change in Fire Department expenditures was due to the addition of an assistant training
officer and the replacement of equipment. The decreased expenditure in Public Services was
the result of a residential street reconstruction project that carried over from FY 93 into FY 94
($205,000). FY95 expenditure is in line with typical expenditure levels.
The majority of the year to year change for Parks and Recreation was due to shifting
approximately $212,000 in expenditures for parks programs to the Parks Department
operation and maintenance budget from the Hotel/Motel Tax Fund budget and reimbursing
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those expenditures from the Hotel/Motel Tax Fund. Changing the process helped to better
indicate the actual annual activity and resource requirements for Parks and Recreation.
-----The-net-change in-Reimbufsed-Administr-ative Gests-was assoeiated-with-sefviees-i:>rovided-
to other operations of the City and relates to normal increases in costs. The function listed
as Other is from 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. Changes
in Principal and Interest and Fiscal Charges were due to the refunding of short term debt
issued in FY94. Capital outlay decreased primarily due to the creation of the Business Park
Fund. Those expenditures were previously reported in the General Fund. This action also·
accounts for the increase in Other Financing Uses as the balance was transferred out.
EXPENDITURES .BY FUNCTION
GENERAL AND DEBT SERVICE FUNDS
FISCAL YEAR 1995
$ 29,702,655
Parks and Recreation
12.22%
Library Services
1.10%
Debt Service
24.80%
Public Services
8.18%
Other
9.21%
Public Safety
29.86%
General Government
(Net of Reimbursement)
13.01%
General Fund Balance. The unreserved fund balance of the General Fund decreased by
$477,323 in 1995, a 11.8% decrease over Fiscal Year 1994. The City Council policy on
reserve levels requires that the undesignated fund balance be at least equal to 1 5 % of the
next year's net budgeted expenditures. The undesignated fund balance of $3,544,631 is
approximately 16.5% of Fiscal Year 1996 net budgeted expenditures.
Utility Enterprise Funds. The City of College Station operates electric, water, sewer, and solid
waste services for the benefit of the citizens. Until December 31, 1995, the City purchased
100% of its electric power requirement from the Texas Municipal Power Agency ("TMPA ")
cities. The City began purchasing electric powe r from Texas Utilities on January 1, 1996.
The City is served through two 1 38 kVA transmission lines tied to a ring bus at the City
switching station, three substations, and 256 miles of distribution lines.
Since 1 981, the City has had the capability to produce and deliver 100% of its water needs
through its own water well and transmission system. The water production and transmission
system includes four wells with a combined capacity of 16 million gallons per day, and a
delivery system of 14 miles of 30-inch diameter pipeline with two pumping stations.
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The Carter Creek Treatment Plant has a rated treatment capacity of 8. 9 million gallons per day
(mgd). The Lick Creek Treatment Plant, the newer of the two plants, came on-line during
1988 and has a 500,000 gallons per day treatment capacity. The two plants have a
combined treatment capacity of 9.4 mgd as compared to average current daily demand of
6 mgd.
Utility Billing is responsible for meter reading, billing, and collections for more than 20,000
electric, water, sewer, and solid waste collection accounts. Prior to 1989, these activities
were accounted for as part of the General Fund. In the 1989 fiscal year budget, the Utility
Billing Fund was authorized as an Internal Service Fund and was financed with user charges
· from the utility operating funds. During fiscal year 1995, the Utility Billing Fund has been
combined with the Electric Fund for reporting purposes in order to more accurately reflect
utility activities.
Solid Waste Collection Fund. Solid waste collection services are provided to the citizens
through a combination of residential curbside pick-up and commercial container services. For
Fiscal Year 1995, the Solid Waste Collection Fund showed net income of $8,591 as compared
to a net income of $799,630 in the prior fiscal year. Retained earnings increased 00.4% from
$2, 198,334to $2,206,925.
Summary financial information of the combined utility enterprise operations for the fiscal year
ended September 30, 1995, with comparison to the previous fiscal year, is as follows:
Fiscal Year Fiscal Year
Ended 9/30/95 Ended 9/30/94
Operating Revenues:
Electric $ 33,899,029 $ 32,658, 787
Water 6, 133,995 5,843,051
Sewer 5,595,615 5,027, 766
Solid Waste Collection 3,307,440 3,002,046
Charges for Services 603,922 590, 127
Other 1,228,703 1,169,314
Operating Expenses:
Wholesale Purchased Power 23,517,001 22,693,021
Salaries and Benefits 5,739,465 5,597,046
Supplies, Maintenance and Services 6,076,350 5,253,248
Reimbursed Administrative 2, 182,848 2,413,819
Depreciation 2,686,823 2,742,680
Other 219,965 233,586
Nonoperating Revenues (Expenses):
Interest Earnings 1,835,946 1,044,064
Interest Expense (2, 777,430) (2,215,996)
Other, Net 457,629 767,329
Operating Transfers In 426,397 0
Transfer to General Fund for
Return of Investment (4,915,000) (4,407,529)
Operating Transfers Out (427,074) 0
Net Income $ 4,946,720 $ 4,545,559
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
annually purchases both specific and aggregate stop-loss insurance to protect the financial
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integrity of the plan. The plan is funded through monthly premiums of $200 paid by operating
departments for each employee and $200 paid monthly by employees electing dependent
coverage. During fiscal 1995, the plan had net income of $425,346, as compared to a net
loss of $13,1 83 in fiscal 1994.
Workers' Compensation Fund. The City of College Station has a partially 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 $378,266 in retained earnings for 1995 as compared to a net income
of $151,523 in 1994.
Unemolovment 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. The fund's
revenues are derived from premiums based on 0.5% of salaries paid during a fiscal year. Net
income for 1995 was $15,032 versus $15,883 in 1994.
Property and Casualty Fund. The Property and Casualty Fund is funded through
property/casualty insurance premiums for a partially self-insured program of the City.
Premiums are adjusted annually to meet the expenses of the fund and are based on an
actuarial review of the various City departments. Net income for the fund in 1 995 was
$75,370 as compared to a net income of $57,982 in 1994.
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 as rents charged the departments for the various pieces
of equipment used. Net income of the fund was $1,493,691 for 1995 versus $882,943 for
1994.
Landfill Fund. On October 1, 1994, the landfill operations of the City were transferred to the
Brazos Valley Solid Waste Management Agency ("BVSWMA"). As a result of this transaction,
the Landfill Fund recorded net income of $115,691 in fiscal year 1995.
Debt Administration. As of September 30, 1995, the City had a total of $27,977,210 in
General Obligation Bonds, Certificates of Obligation, Contract Obligations and other debt
relating to Governmental Fund types. That debt of $4 77 per capita is serviced by revenues
from the local property tax. Under current state statutes, the City's ability to increase the mill
levy for property taxation is subject to a maximum cap of $2.50 per $100 valuation. The
Utility Funds have an additional $43, 151,887 in total debt serviced through utility charges.
Cash Management. All investment activity of the City is handled in accordance with
Resolution 4-12-90-5.5, authorizing and implementing the City of College Station Investment
Policy. The Investment Policy, established as required by state law and in conformity with
state investment statutes, 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 interest-bearing securities. Safety of the principal
invested is always the primary concern.
The City separates the investment activities from traditional banking services. Regular banking
services are handled under a three-year depository agreement effective October 1, 1 994, with
First American Bank and is charged fees based on the activity level for the various services
provided. The City currently invests funds in the full range of investments allowable under
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state law. Accounts have been established with maj or brokerages for the purchase and sale
of U.S. Government obligations by the City. All purchases and sales of securities are
delivery-versus-payment through a safekeeping account at the City's third-party bank. As of
September 30, 1995, the City's investment portfolio consisted of the following:
Bank Demand Accounts $ 483,370
State Investment Pool 16,291,912
U.S. Treasury Securities 14,486, 709
U.S. Government Agencies and
Instrumentalities Securities 19,575,621
Total $ 50,837,612
The City earned $2,735,394 on an average investment balance of approximately $47.9
million, a rate of return of 5. 71 %, for the year ended September 30, 1995. Compared to prior
years' earnings and a market benchmark, the City's investment yield was:
RATES OF RETURN
10%
8%
6%
4%
·2%
0% '91 '92 '93 '94 '95
�Actual mi 10-Bill Index
Investment results on the portfolio are compared to The Public Investor 1 0 bill index. This
hypothetical portfolio consists of ten treasury bills with an average maturity of 80 days. 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.
In accordance with normal investment reporting, rates of return do not include unrealized
capital gains, that is, year-end market values higher than the original cost of a security held
at the end of a fiscal year. If these unrealized capital gains of $35,871 are added to
investment income, fiscal 1995 rate of return was approximately 5. 79%.
Risk Management. The City's insurance programs are administered by the Risk Management
Division of the Finance Department. The City's workers' compensation claims are handled by
Texas Municipal League Intergovernmental Risk Pool. Property and liability claims are paid
from a self-insurance reserve fund carried to provide for claims of $25,000 or less with third
party carriers providing for claims in excess of that amount. Safety programs are coordinated
on an ongoing basis by the Risk Manager.
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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
of 1984 and related OMB Circular A-128. 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, 1994. The Certificate of Achievement is a prestigious national award
recognizing conformance with the highest standards for preparation of state and local
government financial reports.
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 thirteen of the last fourteen 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 Finance
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,
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Glenn Schroeder
Executive Director
Fiscal and Human Resources
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
·City of College Station,
Texas
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
September 30, 1994
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting.
President
fJfh/.� Executive Director
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ORGANIZATIONAL CHART
Citizens of College Station
(( Mayor and City Council JJ
Appointed Municipal City I City J Boards Judge Attorney Secretary
( City Manager )
( Budget & Evaluation ) l
Executive Director Assistant City Manager Assistant City Manager Executive Director
Fiscal/Human Resources Community Services Operations Management Services ....
�
Finance Police Public Utilities Public Relations & Marketing
• Accounting Fire • Technical Services Management Information Service!
• Purchasing Development Services • Electrical Services Utility Customer Services
Human Resources Public Services • Water Utilities Energy Management Services
Risk Management • Fleet Services • Wastewater Utilities • Library
Municipal Court • Solid Waste Collection Parks & Recreation • Energy Conservation
• Facilities Maintenance
•Print/Mail
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CITY OF COLLEGE STATION, TEXAS
Elected Officials:
Mayor ....... .
Council Members
City Administration:
PRINCIPAL CITY OFFICIALS
September 30, 1995
City Manager .......... .
Assistant City Manager for
Community Services Group ....... .
Assistant City Manager for Operations Group ... .
Executive Director for Management Services Group ..
Executive Director for Fiscal and
Human Resources Group ............... .
Director of Economic and Development Services .
Fire Chief ............... .
Director of Parks and Recreation .
Human Resources Director ..
Police Chief ........... .
Director of Public Services
City Attorney .......... .
City Secretary ............ .
. Larry J. Ringer
. Nancy Crouch
...... Bill Fox
. David Hickson
. Hubbard Kennady
. . . . Larry Mariott
Lynn R. Mcllhaney
... George K. Noe
Thomas E. Brymer
. John C. Woody
Linda S. Piwonka
Glenn Schroeder
. . . . . Elrey B. Ash
William L. Kennedy
Stephen C. Beachy
Karen N. Pavlinski
. Edgar R. Feldman
..... Mark Smith
.. Catherine Locke
. Connie L. Hooks
Management Information Services Director .
Public Relations and Marketing Manager ..
Budget and Research Director ......... .
. . . . . . . . . . . . . Nancy H. Bauer
Peggy L. Calliham
. . . . . . . . . . . . . . Charles Cryan
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FINANCIAL SECTION
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James D. Ingram, III
Thomas A. Wallis
James D. Ingram, IV
Agnes L. Bennett
Judith W. Childs
Richard L. Webb
Wendi M. Stratta
Steven J. Little
Marilyn R. Webb
J effcry T. Burton
INGRAM, WALLIS & COMPANY
A PROFESSIONAL CORPORATION
Certified Public Accountants
2100 Villa Maria, Suite 100
BRYAN, TEXAS 77802
INDEPENDENT AUDITORS' REPORT
Mayor Larry Ringer,
Members of City Council and
City Manager of the City of
College Station, Texas
TELEPHONE
(409) 776-2600
TELECOPIER
(409) 774-7759
We have audited the accompanying general-purpose financial
statements of the city of College Station, Texas ("City"), as of
and for the year ended September 30, 1995, as listed in the
foregoing table of contents.· These general-purpose financial
statements are the responsibility of the City's management. Our
responsibility is to express an opinion on these general-purpose
financial statements based on our audit. ·
We conducted our audit in accordance with generally accepted
auditing standards; Government Auditing Standards, issued by the
Comptroller General of the United States; and the provisions of
Office of Management and Budget Circular A-128, Audits of State and
Local Governments. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the
general-purpose financial statements are free of material
misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the general
purpose financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by
management, as well as evaluating the overall general-purpose
financial statement presentation. We believe that our audit
provides a reasonable basis for our opinion.
In our opinion, the general-purpose financial statements referred
to above present fairly, in all material respects, the financial
position of the city as of September 30, 1995, and the results of
its operations and cash flows of its proprietary fund types for the
year then ended in conformity with generally accepted accounting
principles.
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Our audit was conducted for the purpose of forming an opinion on
the general-purpose financial statements taken as a whole. The
supplemental financial information listed in the foregoing table of
contents is presented for purposes of additional analysis and is
not a required part of the general-purpose financial statements of
the city. Such supplemental financial information has been
sub j ected to the auditing procedures applied in the audit of the
general-purpose financial statements and, in our opinion, is fairly
presented in all material respects in relation to the general
purpose financial statements taken as a whole.
The accompanying statistical tables, listed in the foregoing table
of contents, were not audited by us and, accordingly, we express no
opinion on them.
Bryan, Texas
January 12, 1996
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1.
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CITY OF COLLEGE STATION, TEXAS
COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUPS
SEPTEMBER 30, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Governmental Fund Types
Special Debt Capital
General Revenue Service Projects
Assets and Other Debits
Assets:
Equity in Cash and Cash Equivalents (Note lllA) $ 1,333,359 $ 413,037 $ 587,325 $ 3,095,309
Equity in Investments (Note lllA) 2,856,958 884,363 1,258,449 6,632,250
Investments 0 0 0 0
Receivables:
Accrued Interest 102,059 24,444 40,903 154, 136
Grants 39,612 166,370 0 0
..
.. Letter of Credit 25,009 25,425 0 0
Accounts 182,902 5,055 0 0
Special Assessments 79,330 0 0 0
Delinquent Property Taxes (Note IVA) 47,027 0 202,852 0
State Sales Tax (Note IB) 734,753 0 0 0
Notes and Loans (Note lllB) 28,544 170,217 349,277 0
Other 29,726 0 0 0
Less Allowance for Uncollectible Accounts (119,009) (26) 0 0
Due from Other Funds 117,635 0 0 0
lnterfund Receivable (Note lllD) 0 0 0 0
Inventories 184,694 0 0 0
Prepaid Costs 649 0 0 528, 755
Restricted Assets:
Equity in Cash and Cash Equivalents (Note lllA) 144, 193 0 0 0
Equity in Investments (Note lllA) 308,960 0 0 0
Receivables:
Accrued Interest 2,594 0 0 0
Accounts 735 0 0 0
Special Assessments 0 0 0 0
Note Receivable from Joint Venture 0 0 0 0
Equity in Joint Venture (Note IVD) 0 0 0 0
Advance to Other Funds (Note lllD) 0 0 0 0
Deferred Charges, Net (Note lllE) 0 0 0 0
Property and Equipment, Net (Note lllC) 0 0 0 0
Property Held for Resale 0 51,000 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 $ 6,099, 730 $ 1, 739,885 $ 2,438,806 $ 10,410,450
- 2.4 -
$
$
Proprietary Fund Types
Enterprise Internal Service
3,837,496 $ 1,341,340
8,222,513 2,716,592
0 0
375,788 70,834
0 0
0 0
6,332,772 12,525
0 0
0 0
0 0
0 0
655,392 0
(827,632) (250)
0 0
237,234 0
1, 158,632 0
1,200 70,000
5,218,819 0
11, 182,245 0
216,886 0
1, 124 0
6,011 0
582,490 0
985,056 0
1,589,433 0
555,690 0
83,241,594 3,005, 146
0 0
0 0
0 0
0 0
123,572,743 $ 7,216, 187
$
$
Fiduciary
Fund Types
Agency
0
0
795,955
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
795,955
Account Groups
General
Fixed Assets
$ 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
63,684,999
0
0
0
0
$ 63,684,999
(Continued)
$
$
General
Long-Term
Debt
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
1,867,714
784,406
26,359,496
29,011,616
$
$
Totals
(Memorandum Only)
1995 1994
10,607,866 $ 5,572,948
22,571, 125 17,985,007
795,955 0
768, 164 1,049, 148
205,982 351,374
50,434 50,425
6,533,254 5,796,498
79,330 138,471
249,879 282, 137
734,753 800,863
548,038 675, 123
685,118 623, 199
(946,917) (916,880)
117,635 200,731
237,234 175,173
1,343,326 1,392, 126
600,604 16,213
5,363,012 1,298,322
11,491,205 4,285,629
219,480 143,692
1,859 1,430
6,011 6,072
582,490 673,996
985,056 949,673
1,589,433 829, 184
555,690 369,721
149,931,739 132,857,838
51,000 92,000
1,867,714 1,260,500
784,406 610,671
26,359,496 19,547,840
244,970,371 $ 197,119,124
The notes to the general purpose financial statements are an integral part of this statement.
- 25 -
CITY OF COLLEGE STATION, TEXAS
COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUPS
SEPTEMBER 30, 1995
(With comparative totals for the fiscal year ended September 30, 1 994)
(Continued)
Governmental Fund Types
Special Debt
General Revenue Service
Liabilities, Equity and Other Credits
Liabilities:
Accounts Payable $ 667,776 $ 347, 132 $ 9
Due to Other Funds 0 117,635 0
Accrued Interest Payable 0 0 0
Retainage Payable 20,211 51,790 0
Refundable Deposits 1,730 11,880 0
lnterfund Payable (Note lllD) 0 0 0
Claims Payable 0 0 0
Obligation Under Capital Lease--Current (Note lllF) 0 0 0
Accrued Liabilities 455,260 6,421 18,954
Deferred Compensation Payable (Note IVH) 0 0 0
Customer Construction Advances 105,934 3,000 0
Other Deferred Revenues 462,030 173,866 552, 129
Liabilities Payable from Restricted Assets:
Accounts Payable 0 0 0
Accrued Interest Payable 0 0 0
Retainage Payable 0 0 0
Miscellaneous Accrued Liabilities 25 0 0
Refundable Deposits 0 0 0
Revenue Bonds (Note lllG) 0 0 0
General Obligation Bonds (Note lllG) 0 0 0
Certificates of Obligation (Note lllG) 0 0 0
Long-Term Debt (Note lllG):
Revenue Bonds 0 0 0
Unamortized Premium on Bonds 0 0 0
General Obligation Bonds 0 0 0
Certificates of Obligation 0 0 0
Contractual Obligation 0 0 0
Obligation Under Capital Lease (Note lllF) 0 0 0
Advances from Other Funds (Note lllD) 0 0 0
Accrued Vacation 0 0 0
Total Liabilities 1,712,966 711,724 571,092
Equity and Other Credits:
Contributed Capital 0 0 0
Investment in General Fixed Assets 0 0 0
Retained Earnings:
Reserved (Note lllH) 0 0 0
Unreserved 0 0 0
Fund Balances:
Reserved (Note lllH) 823,720 719,592 1,867,714
Unreserved:
Designated for Subsequent Years' Expenditures 18,413 551,761 0
Undesignated 3,544,631 (243, 192) 0
Total Equity and Other Credits 4,386,764 1,028, 161 1,867,714
Total Liabilities, Equity and Other Credits $ 6,099,730 $ 1,739,885 $ 2,438,806
-26 -
Capital Projects
$ 94,497
0
171,591
0
0
0
0
0
2,897
0
35,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
303,985
0
0
0
0
3, 169,700
4,927, 178
2,009,587
10, 106,465
$ 10,410,450
Fiduciary Totals
Proprietary Fund Types Fund Types Account Groups (Memorandum Only)
General
Internal General Long-Term
Enterprise Service Agency Fixed Assets Debt 1995 1994
$ 2,872,803 $ 49,856 $ 0 $ 0 $ 0 $ 4,032,073 $ 3,624,206
0 0 0 0 0 117,635 200,731
0 0 0 0 0 171,591 7,583
4,793 0 0 0 0 76,794 125,810
21,558 0 0 0 0 35, 168 15,007
193,508 0 0 0 0 193,508 175,173
0 568,462 0 0 0 568,462 420,967
195,984 0 0 0 0 195,984 227,960
475, 137 66 0 0 0 958,735 830,839
0 0 795,955 0 0 795,955 0
35,221 0 0 0 0 179,155 187,348
2,979 0 0 0 0 1, 191,004 1,464,459
1,596, 194 0 0 0 0 1,596,194 517,489
547,569 0 0 0 0 547,569 338,260
479, 192 0 0 0 0 479, 192 145,402
1,857 0 0 0 0 1,882 25
1,737,834 0 0 0 0 1,737,834 1,800,972
3,670,000 0 0 0 0 3,670,000 2,625,000
386,265 0 0 0 0 386,265 378,870
26,200 0 0 0 0 26,200 26,200
37,255,000 0 0 0 0 37,255,000 19,210,000
7,324 0 0 0 0 7,324 7,737
631,525 0 0 0 25,722,210 26,353,735 18,046, 130
78,600 0 0 0 240,000 318,600 3,884,800
0 0 0 0 2,015,000 2,015,000 0
908,313 0 0 0 0 908,313 1, 104,297
1,383, 159 0 0 0 250,000 1,633, 159 829, 184
213,348 0 0 0 784,406 997, 754 834,846
52,724,363 618,384 795,955 0 29,011,616 86,450,085 57,029,295
17,451,882 1,230,000 0 0 0 18,681,882 16,964,522
0 0 0 63,684,999 0 63,684,999 58,404, 713
12,813,255 0 0 0 0 12,813,255 4, 120,436
40,583,243 5,367,803 0 0 0 45,951,046 47,885,598
0 0 0 0 0 6,580,726 5,938,575
0 0 0 0 0 5,497,352 894,687
0 0 0 0 0 5,311,026 5,881,298
70,848,380 6,597,803 0 63,684,999 0 158,520,286 140,089,829
$ 123,572,743 $ 7,216,187 $ 795,955 $ 63,684,999 $ 29,011,616 $ 244,970,371 $ 197,119,124
The notes to the general purpose financial statements are an integral part of this statement.
-27 -
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, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Totals
(Memorandum Only)
Special Debt Capital
General Revenue Service Projects 1995 1994
,, Revenues:
Taxes $ 11,859,471 $ 1,221,579 $ 4,124,236 $ 0 $ 17,205,286 $ 16,040,760
··.·, Licenses and Perrrits 523,725 0 0 0 523,725 557,440
Grants 39,065 1,771,529 0 0 1,810,594 1,242,752
Charges for Services 1,181,703 39,711 0 0 1,221,414 1,104,063
Fines, Forfeits, and Penalties 1,003,547 240 0 0 1,003,787 916,283
Special Assessments 59,141 0 0 0 59, 141 4,779
Interest Earnings 306,633 49,666 279,256 405,254 1,040,809 606,890
Rents and Royalties 63,732 67,905 0 0 131,637 197,363
Loan Repayments 8,671 10,879 46,488 0 66,038 125,528
Interest on Loans 0 7,473 0 0 7,473 9,355
Contributions 101,229 97,071 0 800 199,100 91,996
Reirrbursed Expenses 170 0 0 56,345 56,515 20,497
Other 104,893 21, 106 4 36,005 162,008 121,681
Total Revenues 15,251,980 3,287,159 4,449,984 498,404 23,487,527 21,039,387
Expenditures:
Current:
General Government 946,704 0 0 0 946,704 806,498
Fiscal and Human Resources 1,794,734 0 0 0 1,794,734 1,644,909
Corrrrunity Services
Adrrinistration 154,935 0 0 0 154,935 141,875
Police 5,041,596 0 0 0 5,041,596 4,715,064
Fire 3,827,835 0 0 0 3,827,835 3,454,391
Development Services 2,114,664 0 0 0 2,114,664 1,803,898
Parks 3,629,244 0 0 0 3,629,244 3,083,389
Public Services 2,428,727 0 0 0 2,428,727 2,533,983
Management Services 1,821,569 0 0 0 1,821,569 1,526,388
Library Services 327,393 0 0 0 327,393 282,255
Housing Rehabilitation 0 99,644 0 0 99,644 550,144
Optional Relocation 0 717,983 0 0 717,983 0
Clearance and Demolition 0 70,666 0 0 70,666 32,410
Acquisitions 0 24,738 0 0 24,738 0
Interim Assistance 0 3,864 0 0 3,864 0
Homebuyer's Assistance 0 604,894 0 0 604,894 0
Principal Reduction 0 4,915 0 0 4,915 0
Reirrbursed Adrrinistrative (2,966,008) 957,588 0 192,686 (1,815,734) (2, 112,266)
Public Agency Funding 155,813 153,961 0 0 309,774 844,943
Interim Assistance 0 0 0 0 0 5,434
Special Programs and Projects 0 0 0 0 0 180,932
Other 142,228 0 0 4,021 146,249 153,869
(Continued)
- 28 -
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, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
(Continued)
Totals
(Memorandum Only)
Special Debt Capit al
General Re venue Service Projects 1995 1994
Capital Outlay $ 480,470 $ 817,390 $ 0 $ 5,297,855 $ 6,595,715 $ 3,048,349
Debt SeNice:
Principal Retirement 0 0 5,796,130 0 5,796,130 2,066,045
Interest Payments 0 0 1,511,213 0 1,511,213 1,244,123
Issuance Costs 0 0 48,048 92,340 140,388 0
Fiscal Charges 0 0 8,694 0 8,694 10,754
Total Expenditures 19,899,904 3,455,643 7,364,085 5,586,902 36,306,534 26,017,387
Deficiency of Revenues
Over (Under) Expenditures (4,647,924) (168,484) (2,914,101) (5,088,498) (12,819,007) (4,978,000)
Other Financing Sources (Uses):
Proceeds from Long-Term Debt
(Note lllG) 0 250,000 3,400,000 8,335,000 11,985,000 3,860,000
Premums on Bonds Sold 0 0 60 0 60 0
Sale of General Fixed Assets 77,914 29,144 0 0 107,057 40,470
Operating Transfers In (Note lllJ) 4,915,250 427 0 2,438,668 7,354,345 5,237,291
Operating Transfers Out (Note lllJ) (2,438,668) 0 0 0 (2,438,667) (829,762)
Total Other Financing Sources (Uses) 2,554,496 279,571 3,400,060 10,773,668 17,007,795 8,307,999
Excess (Deficiency) of Revenues
and Other Financing Sources Over
(Under) Expenditures and Other
Financing Sources (Uses) (2,093,428) 111,087 485,959 5,685,170 4,188,788 3,329,999
Fund Balances, October 1 6,480,192 866,074 1,381,755 3,894,540 12,622,561 9,384,562
Fund Balances, Septeni:Jer 30 $ 4,386,764 $ 977, 161 $ 1,867,714 $ 9,579,710 $ 16,811,349 $ 12,714,561
The note s to the general purpo se fin ancial statements are an integral part of this st atement.
- 29 -
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, 1995
General Fund Special Revenue Funds
Variance Variance
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Revenues:
Taxes $ 12,021,522 11,859,471 $ (162,051) 1, 150,04-0 $ 1,221,579 $ 71,539
Licenses and Permits 358,945 523,726 164,781 0 0 0
Grants 18,000 39,065 21,065 3,678,437 1,771,529 (1,906,908)
Charges for Services 949,705 1, 181,702 231,997 0 39,711 39,711
Fines, Forfeits, and Penalties 876,465 1,003,547 127,082 800 240 (560)
Special Assessments 20,000 59,141 39,141 0 0 0
Interest Earnings:
Investments 338,000 247,871 (90,129) 60,000 49,666 (10,334)
Accrued Bond 0 0 0 0 0 0
Loans 2,000 18,777 16,777 9,800 7,473 (2,327)
Other Interest 2,500 32,902 30,402 0 0 0
Rent and Royalties 99,000 63,732 (35,268) 90,000 67,905 (22,095)
Loan Repayments 0 8,671 8,671 10,700 10,879 179
Contributions 0 101,039 101,039 3,000 97,071 94,071
Reimbursed Expenses 0 170 170 0 0 0
Collection Service Fees 40,000 45,736 5,736 0 0 0
Sale of Cemetery Lots 18,000 28,926 10,926 0 0 0
Other 7,500 22,871 15,371 8,500 21,106 12,606
Total Revenues 14,751,637 15,237,347 485,710 5,011,277 3,287,159 (1,724,118)
Expenditures:
Current
General Government 1,000,680 946,704 53,976 0 0 0
Fiscal and Human Resources 1,956,123 1,794,735 161,388 0 0 0
Community Services Administration 160,287 154,934 5,353 0 0 0
Police 5,261,277 5,041,593 219,684 0 0 0
Fire 3,912,226 3,827,833 84,393 0 0 0
Development Services 2,551,522 2,212,128 339,394 0 0 0
Parks 3,976,610 3,629,047 347,563 0 0 O·
Public Services 2,639,364 2,428,723 210,641 0 0 0
Management Services 2,005,256 1,821,565 183,691 0 0 0
Library Services 331,330 327,392 3,938 0 0 0
Nondepartmental:
Housing Assistance and Rehabilitation 0 0 0 403,349 99,644 303,705
Optional Relocation 0 0 0 1,212,094 717,983 494,111 '
Clearance and Demolition 0 0 0 141,221 70,666 70,555
Acquisitions 0 0 0 204,846 24,738 180,108 '
Interim Assistance 0 0 0 5,000 3,864 1,136 .
Commercial Rehabilitation 0 0 0 50,000 0 50,000
Downpayment Assistance 0 0 0 30,000 0 30,000
Closing Costs 0 0 0 25,000 0 25,000
Principal Reduction 0 0 0 3,000 0 3,000
Architect and Engineering 0 0 0 1,117 0 1,117
Homebuyer Counseling and Training 0 0 0 1,500 0 1,500
... Applicant Training 0 0 0 1,500 0 1,500
Interest Rate Reduction 0 0 0 2,000 0 2,000
Reimbursed Administrative (3, 119,523) (3,035,344) (84,179) 1,067,507 943,357 124,150
Special Programs and Projects 133,800 0 133,800 4,428 4,915 (487).
Public Agency Funding 121,280 155,813 (34,533) 822,729 773,086 49,643
Other 0 1,109 (1,109) 2,000 0 2,000
Capital Outlay 545,732 480,470 65,262 1,573,784 817,390 756,394
Contingency 57,457 0 57,457 0 0 0
Expected Expenditure Savings (914,000) 0 (914,000) 0 0 0:
Debt Service:
Principal Retirement 0 0 0 0 0 0
Interest Payments 0 0 0 0 0 0
Debt Issuance Costs 0 0 0 0 0 0
Fiscal Charges 0 0 0 0 0 0
Total Expenditures 20,619,421 19,786,702 832,719 5,551,075 3,455,643 2,095,432
- 30 -
Debt Service Fund Capital Projects Funds
Variance Variance
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
$ 4,103,000 $ 4,124,236 $ 21,236 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
100,000 137,602 37,602 230,000 405,255 175,255
0 17,785 17,785 0 0 0
0 123,869 123,869 0 0 0
0 46,488 46,488 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 800 800
0 0 0 0 56,345 56,345
0 0 0 0 0 0
0 0 0 0 0 0
0 4 4 0 36,005 36,005
4,203,000 4,449,984 246,984 230,000 498,405 268,405
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 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
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 0 0 0
0 0 0 250,000 192,686 57,314
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 4,021 (4,021)
0 0 0 11,476,268 4,666,600 6,809,668
0 0 0 42,475 0 42,475
0 0 0 0 0 0
2,336,130 5,796,130 (3,460,000) 0 0 0
1,517,411 1,511,213 6,198 0 0 0
0 48,048 (48,048) 0 92,340 (92,340)
20,000 8,694 11,306 0 0 0
3,873,541 7,364,085 (3,490,544) 11,768,743 4,955,647 6,813,096
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, 1995
(continued)
General Fund Special Revenue Funds
Variance Variance Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Excess (Deficiency) of Revenues
Over (Under) Expendib.Jres $ (5,867, 784) $ (4,549,355) 1,318,429 $ (539,798) $ (168,484) $ 371,314
Other Financing Sources (Uses):
Proceeds from Long-Term Debt Issuance 0 0 0 250,000 250,000 0
Premium on Bonds Sold 0 0 0 0 0 0
Operating Transfers In 4,915,000 4,915,250 250 0 427 427
Operating Transfers Out (407,000) (407,000) 0 (177.470) 0 177,470
Sale of General F0<ed Assets 25,000 77,913 52,913 0 29,144 29,144
Total Other Financing Sources (Uses) 4,533,000 4,586,163 53,163 72,530 279,571 207,041
Excess (Deficiency) of Revenues and
Other Financing Sources Over (Under)
Expendib.Jres and Other Financing Uses (1,334,784) 36,808 1,371,592 (467,268) 111,087 578,355
Fund Balances, October 1 4,489,535 4,261,814 (227,721) 823,003 866,074 42,271
Fund Balances, September 30 $ 3,154,751 4,298,622 1,143,871 $ 356,535 $ 977,161 $ 620,626
- 32 -
$
$
Debt Service Fund
Budget
329,459
0
0
0
0
0
0
329,459
1,233,135
1,562,594 $
$
Actual
(2,914, 101)
3,400,000
60
0
0
0
3,400,060
485,959
1,381,755
1,867,714 $
Variance
Favorable
(Unfavorable)
$ (3,243,560)
3,400,000
60
0
0
0
3,400,060
156,500
148,620
305,120 $
$
Capital Projects Funds
Budget
(11,538, 743)
0
0
584,470
0
0
584,470
(10,954,273)
6,725,000
(4,229,273) $
$
Actual
(4,457,242)
8,335,000
0
2,438,667
0
0
10,773,667
6,316,425
3,894,539
10,210,964
Variance
Favorable
(Unfavorable)
$ 7,081,501
8,335,000
0
1,854,197
0
0
10,189,197
17,270,698
(2,830,461)
$ 14,440,237
The notes to the general purpose financial statements are an integral part of this statement.
-33 -
. I
,.I
I
I
.j
. j
. I
. I
----
\
. +---·------------;::;_ 3-;;-4 _---------1
1'
I.
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS
ALL PROPRIETARY FUND TYPES
For the Fiscal Year Ended September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Totals
(Memorandum Only)
Internal
Enterprise Service 1995 1994
Operating Revenues:
Charges for Services $ 49,540,001 $ 1,935,055 $ 51,475,056 $ 49,432,455
Premiums 0 2,944,779 2,944,779 2,842,997
Rental Income 166,812 0 166,812 0
Other 1,229,811 4,505 1,234,316 1, 182,616
Total Operating Revenues 50,936,624 4,884,339 55,820,963 53,458,068
Operating Expenses:
Purchased Power (Note IVE) 23,517,001 0 23,517,001 22,693,021
Salaries and Benefits 5,739,465 0 5,739,465 6,112,725
Supplies 499, 155 0 499, 155 642,825
Maintenance 1,065,399 0 1,065,399 1, 102,529
Purchased Professional Services 1,039,002 0 1,039,002 1, 118,063
Purchased Property Services 1,913, 196 0 1,913, 196 1,990,530
Other Purchased Services 1,624,760 0 1,624,760 1,069, 146
Claims 0 1,768,692 1,768,692 1,878,846
Administration Fees 0 169,184 169,184 124,793
Premiums 0 821,387 821,387 566,790
Reimbursed Administrative 2, 182,848 101,040 2,283,888 2,702,085
Depreciation 2,695,676 530,721 3,226,397 3,066,257
Other 219,965 7,035 227,000 259,513
Total Operating Expenses 40,496,467 3,398,059 43,894,526 43,327, 123
Operating Income 10,440, 157 1,486,280 11,926,437 10, 130,945
Nonoperating Revenues (Expenses):
Interest Earnings 1,835,946 143,454 1,979,400 1,169,737
Reimbursed Expenses 192,365 4,043 196,408 179,284
Contributions 87, 160 0 87, 160 5,000
Earnings in Joint Venture 35,384 0 35,384 654,076
Interest Expense (2,806,652) 115,691 (2,690,961) (2,220,448)
Other, Net 142,720 (2,604) 140,116 (69,983)
Total Nonoperating Revenues
(Expenses) (513,077) 260,584 (252,493) (282,334)
Income Before Operating Transfers 9,927,080 1,746,864 11,673,944 9,848,611
Operating Transfers:
Operating Transfers In 426,397 0 426,397 0
Operating Transfers Out (5,342,074) 0 (5,342,074) (4,407,529)
Total Operating Transfers (4,915,677) 0 (4,915,677) (4,407,529)
Net Income 5,011 ,403 1,746,864 6,758,267 5,441,082
Retained Earnings, October 1 48,385,095 3,620,939 52,006,034 46,564,952
Retained Earnings, September 30 $ 53,396,498 $ 5,367,803 $ 58,764,301 $ 52,006,034
The notes to the general purpose financial statements are an integral part of this statement.
- 35 -
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
For the Fiscal Year Ended September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1 994)
Totals
(Memorandum Only)
Cash Flows from Operating Activities:
Cash Received from Customers
Cash Payments to Suppliers tor Goods
and Services
Cash Payments to Employees tor Services
Customer Deposits Received
Customer Deposits Returned
Cash Received from Contributions
Cash Received tor Reimbursed Expenses
Cash Received from Sale of Scrap
Cash Received from Collection Fees
Cash Received from Leases
Cash Received from Miscellaneous Revenues
Cash Received from Other Funds
Cash Paid to Other Funds
Cash Paid tor Special Projects
Cash Paid tor Miscellaneous Expenses
Interest Paid to Other Funds
Net Cash Provided by Operating Activities
Cash Flows from Noncapital Financing Activities:
Advances to Other Funds
Principal Received on Note
Interest Received on Note
Principal Received on Advance to Other Funds
Interest Received on Advance to Other Funds
Operating Transfers In from Other Funds
Operating Transfers Out to Other Funds
Principal Paid on Advance from Other Funds
Interest Paid on Advance from Other Funds
Cash Paid to Public Agencies
Interest Paid to Other Funds
Proceeds from Revenue Bond Refunding
Cash Received from Disposal of Operations
Interest Received on Bonds
Net Cash Provided (Used) tor Noncapital
Financing Activities
Cash Flows from Capital and Related Financing
Activities:
Acquisition/Construction of Capital Assets
Proceeds from Sale of Capital Assets
Capital Contributed by Developers
Principal Paid on Revenue Bonds
Principal Paid on General Obligation Bonds
Principal Paid on Certificates of Obligation
Principal Paid on Obligation under Capital Lease
Interest Paid on Revenue Bonds
Interest Paid on General Obligation Bonds
Interest Paid on Certificates of Obligation
Interest Paid on Obligation Under Capital Lease
Interest Paid to Other Funds
$
Enterprise
Funds
50,083,832
(31,669,227)
(5, 766,928)
679,734
(721,314)
10,000
124,673
15,689
3,548
1,438
189,922
0
0
0
(2,203)
{7,035)
12,942, 129
(997,483)
91,506
52, 126
175,173
64,854
426,397
(5,342,074)
(175, 173)
(64,854)
(173,500)
0
7, 125,000
0
109 129
1,291,101
(11,880,368)
192,059
149,628
(10,534,800)
(378,870)
(26,200)
(227,961)
(2,362,844)
(59,079)
(15,720)
(65,625)
(10,431)
(Continued)
- 36 -
Internal Service
Funds 1995
$ 4,912,885 $ 54,996,717
(2,919, 784) (34,589,011)
(16,280) (5, 783,208)
0 679,734
0 (721,314)
0 10,000
4,043 128,716
0 15,689
0 3,548
0 1,438
4,573 194,495
0 0
(19,834) (19,834)
0 0
(2,672) (4,875)
0 {7,035! 1,962,931 14,905,060
0 (997,483)
0 91,506
0 52, 126
0 175,173
0 64,854
0 426,397
0 (5,342,074)
0 (175, 173)
0 (64,854)
0 (173,500)
0 0
0 7, 125,000
115,691 115,691
0 109 129
115,691 1,406,792
(1,386, 773) (13,267,141)
15,706 207,765
0 149,628
0 (10,534,800)
0 (378,870)
0 (26,200)
0 (227,961)
0 (2,362,844)
0 (59,079)
0 (15,720)
0 (65,625)
0 (10,431)
$
1994
53,587,268
(34,540,504)
(6,032,303)
752,813
(786,290)
5,000
65,636
9,513
6,676
11,587
121,836
19,834
0
(2, 192)
(19,361)
0
13, 199,513
0
84,603
59,029
163,922
76, 106
0
(4,407,529)
(163,922)
(76, 106)
(181,000)
(4,452)
0
0
0
(4,449,349)
(7,613,479)
34,726
36,041
(2,335,000)
(378,955)
(26,200)
(494,221)
(1,816, 148)
(73, 120)
(18,864)
(98,778)
(192,259)
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
For the Fiscal Year Ended September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1 994)
(Continued)
Totals
(Memorandum Only)
Enterprise Internal Service
Funds Funds 1995 1994
Fees Paid to Fiscal Agent $ (7, 181) $ 0 $ (7, 181) $ (6,616)
Proceeds from Revenue Bonds 22,323,970 0 22,323,970 0
Proceeds from Contractual Obligation 0 1,230,000 1,230,000 0
Proceeds from Advance from Other Funds 747 483 0 747 483 0
Net Cash Used for Capital and Related Financing
Activities (2, 155,939) (141,067) (2,297,006) (12,982,873)
Cash Flows from Investing Activities:
Purchase of Investments (27,337,969) (3, 792,939) (31, 130,908) (11,071, 734)
Proceeds from Sale and Maturities of Investments 19, 192,347 2,545,147 21,737,494 13,997,402
Interest on Investments 1,671,725 144,873 1,816,598 1,030,035
Net Cash Provided (Used) by Investing Activities (6,473,897) (1,102,919) (7,576,816) 3,955,703
Net Increase (Decrease) in Cash 5,603,394 834,636 6,438,030 (277,006)
Cash and Cash Equivalents, October 1 3,452,921 506,704 3,959,625 4,236,631
Cash and Cash Equivalents, September 30 $ 9,056,315 $ 1,341,340 $ 10,397,655 $ 3,959,625
Reconciliation of Operating Income to Net Cash
Provided by Operating Activities:
Operating Income $ 10,440, 157 $ 1,486,280 $ 11,926,437 $ 10, 130,945
Adjustments to Reconcile Operating Income to Net
Cash Provided by Operating Activities:
Depreciation 2,695,676 530,721 3,226,397 3,066,257
Amortization 0 0 0 14,255
Provision for Uncollectible Accounts 182,479 (820) 181,659 129,665
Contributions 10,000 0 10,000 0
Miscellaneous Revenues 379,942 4, 111 384,053 339,147
Miscellaneous Expenses (2,203) (2,672) (4,875) (21,553)
Change in Assets and Liabilities:
Change in Accounts Receivable (851,694) 33,051 (818,643) 129,200
Change in Other Receivables (80,383) 0 (80,383) (113,558)
Change in Inventory 66,219 0 66,219 265,364
Change in Prepaid Costs 1, 150 (60,000) (58,850) (4,975)
Change in Accounts Payable 97,467 (139,121) (41,654) (719,656)
Change in Accrued Interest Payable (7,583) 0 (7,583) 0
Change in Due to Other Funds 0 (19,834) (19,834) 19,834
Change in Claims Payable 0 147,495 147,495 (52,943)
Change in Retainage Payable 0 0 0 (17,045)
Change in Accrued Liabilities 47,560 0 47,560 57,845
Change in Deferred Revenues (531) 0 (531) (5,341)
Change in Refundable Deposits (41,580) 0 (41,580) (33,477)
Change in Accrued Vacation 5,453 (16,280) (10,827) 15,549
Total Adjustments 2,501,972 476,651 2,978,623 3,068,568
Net Cash Provided by Operating Activities $ 12,942, 129 $ 1,962,931 $ 14,905,060 $ 13, 199,513
Noncash Financing, Capital and Investing Activities: During the fiscal year, the Water and Sewer Funds added capital contributed
by developers in the amount of $343,025 and $139,617, respectively.
The notes to the general purpose financial statements are an integral part of this statement.
-37 -
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- 38 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the City of College Station, Texas ("City"), have been prepared in conformity
with generally accepted accounting principles ("GAAP") as applied to government 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 the
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 also is 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:
(a) is entitled to the organization's resources;
(b) is legally obligated or has otherwise assumed the obligation to finance the deficits of, or provide
financial support to, the organization; or
(c) is 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.
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 economy 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.
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
-39 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
I. SUMMARY OF SIGNIFICANT ACC OUNTING POLICIES (Continued)
B. MEASUREMENT FOCUS, BASIS OF ACCOUNTING AND BASIS OF PRESENTATION (Continued)
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 susceptible to 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.
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.
-
4
0
.
.
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
B. MEASUREMENT FOCUS, BASIS OF ACCOUNTING AND BASIS OF PRESENTATION (Continued)
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.
The agency fund is custodial in nature, does not present results of operations or have a measurement
focus, and is accounted for using the modified accrual basis of accounting. This fund is used to account
for assets that the government holds for others in an agency capacity.
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.
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 on April 12, 1990. This policy is applicable to all City funds and permits investment
in obligations of the U. S. Government or its agencies, repurchase agreements made in compliance
with State of Texas Statutes, time certificates of deposit or savings accounts in state or national
banks located within the State of Texas, public funds investment pools, and money market mutual
funds. This policy designates the Director of Finance as the City's Investment Officer with whom
responsibility and authority for investment transactions reside.
- 41 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. ASSETS, LIABILITIES AND EQUITY (Continued)
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 more than two years for cash management purposes, with the optimum weighted
average maturity of less than one year. 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 of College Station'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, 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 sold until such time as the current market value of the
security plus interest earned from datt 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, 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. 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 Texas Commerce Bank of Houston.
Investments of all funds consist mainly of U. S. Treasury and Agency securities, bank certificates
of deposit, and investments in public funds investment pools (TexPool). Investments are stated at
cost, accreted cost, or amortized cost which approximate market value.
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.
- 42 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. ASSETS, LIABILITIES AND EQUITY (Continued)
4. Prepaid Costs
Payments made to vendors for services that will benefit periods beyond September 30, 1995, 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, cemetery perpetual
care funds and fireman's relief 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 IVD.
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
Buildings and Improvements
Equipment
8. Compensated Absences
25 -40 years
5 -50 years
3 -10 years
Employees are credited with vacation at rates of 10 to 20 days per year, depending upon length of
service. Carryover of unused vacation time from one year to the next is allowed for a maximum of
-43 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PU RPOSE FINANCIAL STATEMEN TS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. ASSETS, LIABILITIES AND EQUITY (Continued)
two years. Upon termination, the respective employees are paid for any accrued vacation not taken
(up to the two-year maximum). Accumulated vacation 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 and are allowed to
accumulate up to 1 20 days. 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.
9. Long-Term Ob ligations
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 tund 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.
-44 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. ASSETS, LIABILITIES AND EQUITY (Continued)
1 3. lnterfund 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.
lnterfund transactions other than quasi-external transactions and reimbursements are reported as
operating transfers.
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 and Internal Service Funds.
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. lnterfund 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 Finance Department and presented with comparative
and supporting data to the Mayor and City Council for review.
-45 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
A. BUDGETARY INFORMATION (Continued)
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 $10,000.
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 of the budget. Budgeted amounts as originally adopted
were not significantly changed by such transfers during the year.
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
The General Fund budget is adopted on a basis that differs from GAAP, as follows:
(a) The City does not include in General Fund budgetary amounts revenue or expenditure activity
for the Fireman's Relief Fund or the Cemetery Perpetual Care Fund which are combined with the
General Fund for reporting purposes.
(b) General Fund budgetary amounts do not include provisions for adjustments in inventory, the
allowance for uncollectible accounts receivable, or the capitalization of salaries for capital
improvements projects.
-46 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
B. BUDGET/GAAP RECONCILIATION (Continued)
Adjustments necessary to convert the General Fund revenues at September 30, 1995, on the GAAP
basis to the budgetary basis are as follows:
Revenues and Other Financing Sources -GAAP Basis
Reconciling Items:
Cemetery Perpetual Care Fund Revenues
Fireman's Relief Fund Revenues
Total Reconciling Items
Total Revenues and Other Financing Sources -Budget (Non-GAAP Basis)
$
$
20,245, 144
(14,376)
(258)
(14,634)
20,230,510
Adjustments necessary to convert the General Fund expenditures at September 30, 1995, on the
GAAP basis to the budgetary basis are as follows:
Expenditures and Other Financing Uses -GAAP Basis
Reconciling Items:
Operating Transfer Out to Business Park Fund
Cemetery Perpetual Care Fund Expenditures
Fireman's Relief Fund Expenditures
Inv entory Adjustment
Allowance for Uncollectible Accounts
Capitalized Salaries
Other
Total Reconciling Items
Total Expenditures and Other Financing Uses -Budget (Non-GAAP Basis)
$ 22,338,572
(2,031,668)
(195)
(3,094)
(38,591)
(99,435)
28, 126
(13)
(2, 144,870)
$ 20, 193, 702
Budgets for the Special Revenue Funds, Debt Service Fund, and Capital Projects Funds are adopted
on a basis consistent with GAAP.
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 Fund 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.
The budget for the Internal Service Funds are adopted on a basis consistent with GAAP, except that
capital outlay is included in the budget as an expense item.
-47 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
B. BUDGET/GAAP RECONCILIATION (Continued)
Budgetary comparisons presented in the report are on the aforementioned budgetary basis.
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 1995, and
the funds in which they occurred are as follows:
Fund
Debt Service
1995 Bond
Water
Sewer
Equipment Replacement
Property and Casualty
Amount
$ 3,490,544
445,838
2,081,374
356,425
261,824
5,354
The $3,490,544 excess in the Debt Service Fund was a result of higher than expected principal
payments of $3,460,000 and debt issuance costs of $48,048 related to a short term debt
refunding.
The $445,838 excess in the 1995 Bond Fund resulted from $57,233 in unbudgeted debt issuance
costs and $388,605 in unbudgeted capital outlay.
Higher than expected debt service principal payments because of a decision to advance refund
utility revenue bonds were responsible for the $2,081,374 excess in the Water Fund and the
$356,425 excess in the Sewer Fund.
Unbudgeted depreciation expense in the Equipment Replacement Fund resulted in the $261,824
excess at fiscal year end.
Higher than expected claims and unbudgeted administration fees were responsible for the $5,354
excess in the Property and Casualty Fund.
D. DEFICIT RETAINED EARNINGS/FUND BALANCES
The Community Development Fund recorded a $745,825 deficit unreserved fund balance at the end
of fiscal 1995. This deficit can be attributed to purchase orders still outstanding at September 30,
1995. Since the City has a policy of requesting grant money after actual expenditures have been
accrued and paid, the fund balance in this fund will always be near zero. Therefore, any
encumbrances recorded il"l the fund at year end in addition to any large accrued expenditures will
result in a negative unreserved fund balance.
The 1984 and 1995 Bond Funds showed deficit unreserved fund balance of $143,360 and
$316,715, respectively, at September 30, 1995. These deficits were results of purchase orders
outstanding as of year end.
-48 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
Ill. 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 $16,850,482 and the
bank balance was $13,240,242. Cash and time deposits included investments in the state
investment pool amounting to $16,291,912. Balance sheet amounts for unrestricted and restricted
cash and cash equivalents at September 30, 1995, are as follows:
Unrestricted cash and cash equivalents
Restricted cash and cash equivalents
Total Cash and Cash Equivalents
$ 10,607 ,866
5,363,012
$ 15,970,878
The bank balance was entirely covered by federal depository insurance or by pledged collateral held
by the City's third-party custodian 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, 1995, are categorized below to give an indication of the
level of risk assumed by the City at year end. The carrying amount is the cost at date of purchase
and approximates market value, except for U.S. Government Obligations, and Government Agency
Notes, where market values may be independently obtained:
U.S. Treasury Securities
U.S. Government Agencies and
Instrumentalities Securities
Total Direct Investments
Investment in Texas Local Government
Investment Pool
Investment in Deferred Compensation Fund
Total Investments
Carrying
Amount
Market Value
$ 14,486, 709 $ 14,630, 127
19,575,621 19,467,955
34,062,330 34,098,082
16,291,912 16,291,912
795,955 795.955
$ 51,150,197 $ 51,185,949
While cash 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 mortgage backed 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 by federal agencies. 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
market value of the securities in the City's long-term portfolio will fluctuate due to interest rate
trends and other market factors.
-49 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS
A. DEPOSITS AND INVESTMENTS (Continued)
During the fiscal year, the City sold two mortgage backed securities prior to maturity because of
a declining trend in market value. Although losses on principal in the amount of $36,848 and
$71,250 were recorded, the market value at time of sale plus the interest earned from the date of
purchase was greater than the purchase price of the securities.
The collateralized, mortgage backed portion of the City's investments in the long-term portfolio
contains investments that have stated maximum maturities ranging from 1 /15/08 to 2/15/14;
however, these investments are subj ect to pre-payment.
"Texpool" is a local government investment pool created and managed by the Texas State
Treasurer to invest funds on behalf of Texas political subdivisions. The pool operates on a $1 .00
net asset value basis and allows same day or next day redemptions and deposits. Interest is
allocated daily based on portfolio earnings and participant account balances. The City's investment
in Texpool is stated at cost, which approximates market. The market value of Texpool's
investments as a whole was 99.9% of the book value as of September 30, 1995.
Texpool and the deferred compensation plan are not 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. The investments in the deferred compensation plan are stated at market
value.
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).
B. NOTES RECEIVABLE
General Fund: During 1991, the City sold a roller valued at $73,800 to the Brazos Valley Solid
Waste Management Agency ("BVSWMA") in exchange for a promissory note to be repaid in
semi-annual installments over a period of six years at 8 % (see Note IVD).
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
$170,217 balance in the Special Revenue Funds represents the outstanding principal for these loans
at September 30, 1995.
Debt Service Fund: During 1991, the City loaned BVSWMA $625,000 for the purchase of
equipment in exchange for an eight year 6 % note to be repaid in semi-annual installments (See
Note IVD).
-50 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Ill. 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, 1995, is as
follows:
Retirements
Beginning Additions and and Ending
Balance Transfers In Transfers Out Balance
Land $ 7,449,504 $ 493,791 $ 12,475 $ 7,930,820
Buildings and Building
Improvements 13,263,808 2,034,030 82,973 15,214,865
Improvements 16,477, 108 2,310,000 0 18,787, 108
Machinery, Tools and Equipment 10,714,331 552,470 614,446 10,652,355
Parks System 8,900,987 677,224 0 9,578,211
Construction in Progress 1,598,975 5,547,405 5,624,740 1,521,640
Total $ 58,404,713 $ 11,654,920 $ 6,334,634 $ 63,684,999
A summary of proprietary fund type property and equipment at September 30, 1995, is as follows:
Combined Cedar Creek Equipment Utility Solid Waste Condominium Replacement
Funds Collection Fund Fund Fund Total
Electric System $ 29,540,431 $ 0 $ 0 $ 0 $ 29,540,431
Water System 33,515,906 0 0 0 33,515,906
Sewer System 26,233,204 0 0 0 26,233,204
Machinery & Equipment 2,915,453 2,000, 130 0 4,055,000 8,970,583
Buildings & Improvements 1,710,414 0 796,783 0 2,507,197
Land 980,363 0 0 0 980,363
Construction in Progress 14,219,624 0 0 14,096 14,233,720
Total 109,115,395 2,000,130 796,783 4,069,096 115,981,404
Less Accumulated Depreciation (27,192,271) (1,469,590) (8,853) (1,063,950) (29, 734,664)
Net $ 81,923,124 $ 530,540 $ 787,930 $ 3,005, 146 $ 86,246,740
D. INTERFUND ASSETS/LIABILITIES
1. Advances To/From Other Funds
On September 30, 1992, the Electric Fund loaned $1,321,672 to the Solid Waste Collection Fund
for the purchase of automated garbage trucks and containers. The loan is payable in semi-annual
installments beginning March 30, 1994, and ending September 30, 1999, and accrues interest at
a rate of 6.75%.
On June 1, 1995, the City purchased the Cedar Creek Condominiums. This purchase was funded
by an advance in the amount of $747,483 from the Electric Fund to the Cedar Creek Condominium
Fund. The loan is payable in semi-annual installments beginning December 1, 1995, and ending
June 1, 2025, and accrues interest at a rate of 8%.
As a part of a community revitalization project, the City purchased land and buildings on
September 1, 1995. This purchase was also funded by an advance in the amount of $250,000
-51 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
D. INTERFUND ASSETS/LIABILITIES (Continued)
from the Electric Fund. The advance is payable in semi-annual installments beginning March 14,
1996, and ending September 14, 2000, and accrues interest at a rate of 6 % .
The current portion of the above loans to the Solid Waste Collection and Cedar Creek Condominium
Funds is recorded as an interfund receivable in the Electric Fund and an interfund payable in either
the Solid Waste Collection Fund or Cedar Creek Condominium Fund. The noncurrent portion is
recorded as an Advance To in the Electric Fund and an Advance From in the Solid Waste Collection
Fund or Cedar Creek Condominium Fund.
The current portion of the advance from the Electric Fund to the Hotel/Motel Fund is recorded as
an interfund receivable in the Electric Fund while the noncurrent portion is recorded as an Advance
To in the Electric Fund and Advance From in the General Long Term Debt Account Group.
2. Due To/Due From Other Funds
The composition of due to/due from balances as of September 30, 1995, is as follows:
Due To
General
Due From
Community Development
Amount
$ 117,635
E. DE FERRED CHARGES
Deferred charges totaling $555,690 at September 30, 1995, 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, 1995, is as follows:
Total Project Cost
Less Accumulated Water Usage Credits
Prepaid Water Costs, September 30, 1995
-52 -
$ 1,167,075
(1 ,034,092)
$ 132,983
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FIN ANCIAL ST ATEMENTS.
FOR THE FISCAL YE AR ENDED SEPTEMBER 30, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
E. DEFERRED CHARGES (Continued)
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, 1995, is as follows:
Electric Water Sewer Total
Bond Issuance Costs $ 147,342 $ 73,359 $ 260,638 $ 481,339
Accumulated Amortization (16,444) (10,767) (31,421) (58,632)
Bond Issuance Costs, Net $ 130,898 ·$ 62,592 $ 229,217 $ 422,707
F. CAPITAL LEASES
On May 7, 1 984, the City entered into a lease agreement as lessee for financing the purchase of an
elevated water storage tank. Minimum future lease payments for the water storage facility are as
follows:
Year Ending September 30 Total
1996 $ 250,813
1997 250,813
1998 250,813
1999 250,813
2000 250,813
2001 9,755
Total minimum lease payments 1,263,820
Less imputed interest (159,523)
Present value of net minimum
lease payments $ 1,104,297
- 53 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATE MENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
111. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
G. LONG-TERM DEBT
The following is a summary of long-term debt transactions for the year ended September 30, 1995:
Beginning Incurred/ Matured/ Ending
Balance Issued Retired Other Balance
Governmental Fund TyQes
General Obligation Bonds $ 17,028,340 $ 10,950,000 $ 2,256, 130 $ 0 $ 25,722,210
Contractual Obligation 0 2,015,000 0 0 2,015,000
Certificate of Obligation 3,780,000 0 3,540,000 0 240,000
Accrued Vacation Leave 610,671 680,955 506,765 (455) 784,406
Subtotal 21,419,011 13,645,955 6,302,895 (455) 28,761,616
ProQrietaQL Fund TyQes
Utility Revenue Bonds $ 21,835,000 $ 29,625,000 $ 10,535,000 $ 0 $ 40,925,000
General Obligation Bonds
Serviced by Utility Revenues 1,396,660 0 378,870 0 1,017,790
Certificates of Obligation
Serviced by Utility Revenues 131,000 0 26,200 0 104,800
Accrued Vacation Leave:
Electric Fund 114,569 126,909 124,738 707 117,447
Water Fund 27,740 37,094 37,485 0 27,349
Sewer Fund 36,944 41,065 33,029 0 44,980
Solid Waste Collection Fund 28,642 20,104 25, 174 0 23,572
Landfill Fund 16,280 0 0 (16,280) 0
Obligations Under Capital Lease
(Note lllF) 1,332,257 0 227,960 0 1, 104,297
Subtotal 24,919,092 29,850, 172 11,388,456 (15,573) 43,365,235
Total Long-Term Debt $ 46,338, 103 $ 43,496, 127 $ 17,691,351 $ (16,028) $ 72, 126,851
-54 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
G. LONG-TERM DEBT (Continued)
Long-term debt at September 30, 1995, consisted primarily of bonds maturing serially and is summarized
as follows:
General Obligation Bonds:
1976 Issue
1978 I Issue
1978 II Issue
1 987 Refunding Issue
1988 Refunding Issue
1989 Issue
1991 Issue
1994 Issue
1995 Issue
Subtotal
Certificates of Obligation:
1993 Issue
Contractual Obligation:
1995 Issue
Utility Revenue Bonds:
1985 Refunding Issue
1990 Issue
1993 Issue
1994 Issue
1995 Refunding Issue
1995 Issue
Subtotal
General Obligation Bonds Serviced
by Utility Revenues:
1976 Issue
1978 I Issue
1987 Refunding Issue
Subtotal
Certificates of Obligation Serviced
by Utility Revenues:
Utility Service Center
Total
Interest
Rates(%)
4.00-6.00
4.70-6.00
5.15-5.80
4.50-7.70
6.15-8.15
6.50-8.50
5.50-7.50
5.50-7.50
5.10-7.00
70% of prime
5.30
9.00
6.50-8.50
4.05-6.50
5.40-6.40
6.40-7.20
5.25-6.25
4.00-6.00
4.70-6.00
4.50-7.70
12.00
-55 -
Series
Matures
1997
1998
1999
2004
1996
2005
2012
2014
2013
1998
2000
1996
2006
2013
2014
2001
2016
1997
1998
2004
1999
$
Principal
Balance
$ 150,000
99,000
620,000
6,753,210
1,350,000
2,225,000
3,975,000
5,850,000
4,700,000
25,722,210
240,000
2,015,000
2,205,000
4,300,000
5,620,000
15,675,000
7, 125,000
6,000,000
40,925,000
450,000
451,000
116,790
1,017,790
104,800
$ 70,024,800
•·.
'•
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PUR POSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND AC COUNT GROUPS (Continued)
G. LONG-TERM DEBT (Continued)
Debt service requirements to maturity for all long term debt is summarized as follows:
General General Obligation Bonds
Obligation Bonds Serviced by Utility Revenues
Year Principle Interest Principal Interest
1996 $ 3,458,735 $ 1,553,839 $ 386,265 $ 40,271
1997 2,214,075 1,361,336 385,925 22,882
1998 2, 123,915 1,210,762 181,085 9,478
1999 2,238,255 1,056,978 16,745 4,168
2000 1,943,680 909,633 16,320 2,970
2001-2005 6,893,550 2,963,502 31,450 4,755
2006-2010 4,200,000 1,316,467 0 0
2011-2014 2,650,000 231, 191 0 0
TOTAL $ 25,722,210 $10,603,708 $ 1,017,790 $ 84,524
Certificates of Obligation Utility
Serviced by Utility Revenues Revenue Bonds
Year Principal Interest Principal Interest
1996 $ 26,200 $ 12,576 $ 3,670,000 $ 2,429,551
1997 26,200 9,432 3,940,000 2, 149,271
1998 26,200 6,288 3,745,000 1,894,391
1999 26,200 3,144 3,305,000 1,660,217
2000 0 0 3,225,000 1,457,542
2001-2005 0 0 9,815,000 5,207,514
2006-2010 0 0 7,375,000 2,722,926
2011-2015 0 0 5,550,000 752,906
2016 0 0 300,000 8,250
TOTAL $ 104,800 $ 31,440 $ 40,925,000 $18,282,568
Certificate of Obligation Contractual Obligation
Year Principal Interest Principal Interest
1996 $ 80,000 $ 12,600 $ 400,000 $ 53,836
1997 80,000 7,560 400,000 106,774
1998 80,000 2,520 405,000 64,395
1999 0 0 405,000 42,930
2000 0 0 405,000 21,465
TOTAL $ 240,000 $ 22,680 $ 2,015,000 $ 289,400
-56 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPO SE FINANCIAL STATEMENTS
FOR THE FI S CAL YEAR ENDED SEPTEMB ER 30, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
H. RESERVATIONS OF FUND BALANCES AND RETAINED EARNINGS
Fund balances have been reserved at September 30, 1995, as follows:
General Fund:
Reserved for Inventory $
Reserved for Encumbrances
Reserved for Prepaid Costs
Reserved for Fireman's Relief and Retirement Fund
Reserved for Cemetery
Total General Fund Reserved
Special Revenue Funds:
Reserved for Encumbrances
Reserved for Property Held for Resale
Total Special Revenue Funds Reserved
Debt Service Fund: Reserved for Debt Service
Capital Projects Funds:
Reserved for Encumbrances
Reserved for Prepaids
Total Capital Projects Funds Reserved
Total Reserved Fund Balances $
184,694
513,425
649
3,276
121 676
823,720
668,592
51 000
719 592
1 867 714
2,640,945
528,755
3, 169,700
6,580,726
Reserved retained earnings designations for the Enterprise Funds at September 30, 1995, are as
follows:
Reserved for Debt Service $ 2, 107, 114
Reserved for Capital Projects 10,706,141
Total Reserved Retained Earnings $ 12,813,255
I. CONTRIBUTED CAPITAL
The changes during fiscal 1995 in the City's contributed capital accounts for the proprietary funds were
as follows:
Enterprise Internal
Service
Equipment
Sources Water Sewer Replacement
Contributed Capital, October 1 $ 6,751,552 $ 6,671,696 $ 0
Contributing Sources:
Developers 343,025 139,617 0
Impact Fees 0 4,718 0
Government 0 0 1,230,000
Contributed Capital, September 30 $ 7,Q94,Ei77 � f;l,81f2.Q31 $ 1,23Q,QQQ
- 57 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STA TEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
J. OP ERATING TRANSFERS
Individual fund operating and other transfers out and corresponding operating transfers in for fiscal 1995
were as follows:
Operating Transfers Out Operating Transfers In
General Capital Equipment
General Business Park
Solid Waste Collection General
Solid Waste Collection Hotel Motel
Electric General
Electric Sewer
Water General
Water Electric
Water Sewer
Sewer General
IV. OTHER INFORMATION
A. PROPERTY TAXES
Amount
$ 407,000
2,03 1,668
150,000
427
3,600,250
102, 152
615,000
83,337
240,908
550,000
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, 1995, was $.4450 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.
-58 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
IV. OTHER INFORMATION (Continued)
B. COMMITMENTS AND CONTINGENCIES
At September 30, 1995, the City had oversized participation construction commitments totaling
$1 ,341 ,835. These construction commitments result from development agreements with subdividers
in which the City, under certain conditions, agrees to participate in the cost of constructing streets,
water distribution lines, sanitary sewer lines, bridges or culverts.
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,
1995.
C. RISK MANAGEMENT
The City is self-insured for health benefits, and the plan is administered by Donovan Benefit Systems.
The Employee Benefits Fund is funded monthly by contributions from employees and from the operating
funds of the City. These contributions are determined based on anticipated claims for the subsequent
year. The City has a stop-loss insurance policy that limits its liability to $75,000 per individual per year
with an aggregate, annual liability of $1,200,000. The liability for outstanding losses includes $96,559
for claims incurred but not reported as of September 30, 1995.
The City is also self-insured for workers' compensation benefits, and the plan is administered by Texas
Municipal League Intergovernmental Risk Pool. 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 uses internal service funds to account for its risk-management activities. In addition, interfund
premiums are reported as quasi-external transactions.
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.
On May 8, 1990, the City transferred assets in the form of property permitted for landfill use and landfill
equipment to BVSWMA in exchange for a note payable of $976,000, with the remaining consideration
representing contributed capital of $85, 100. The City's Solid Waste Collection Fund realized a gain of
$626,795 on the transaction. BVSWMA recorded the transferred assets at their appraised values. The
note accrues interest at a rate of 8 % and is payable in semi-annual installments commencing November
1, 1990, and ending May 1, 2000.
The City's share of BVSWMA's net income for fiscal 1995 was $35,382.
-59 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
IV. OTHER INFORM ATION (Continued)
D. JOINT VEN TURE (Continued)
Prior to October 1 , 1994, the City was contracted as the operator of the BVSWMA landfill. The City's
Landfill Fund accounted for the operator activity and the City was reimbursed by BVSWMA for all of
the operating expenses of the Landfill Fund. However, on October 1, 1994, the Landfill Fund operations
were transferred to BVSWMA and that activity is now accounted for in BVSWMA's financial records.
The following is a summary of information from the audited financial statements of BVSWMA as of
September 30, 1995, and 1994.
Assets
Current Assets
Property, Plant and Equipment
(Net of $1,054, 136 Accumulated Depreciation at
1995 and $957,928 at 1994)
Other Assets
Total Assets
Liabilities:
Current Liabilities
Noncurrent Liabilities:
Accrued Vacation
Notes Payable -Noncurrent
Accrued Post Closure Maintenance Costs
Total Liabilities
Fund Equity:
Contributed Equity
Retained Earnings
Total Fund Equity
Total Liabilities and Fund Equity
Total Operating Revenues
Total Operating Expenses
Operating Income
Net Nonoperating Revenues
Net Income
Debt:
Current
Long Term
Total
$
$
$
$
$
$
1995
2,647,846
2,244,328
154,660
5,046,834
691,485
28,223
1,220,314
1,662,217
3,602,239
170,200
1,274,395
1,444,595
5,046,834
3,364,965
3,305,030
59,935
10,829
70 764
$ 309,505
1,220,314
$ 1,529,819
1994
$ 2,838,647
1,884,951
155,834
$ 4,879,432
$
$
495,575
0
1,529,819
1,480,207
3,505,601
170,200
1,203,631
1,373,831
4,879,432
$ 3,503,051
2,245,325
1,257,726
50,426
$ 1,308, 152
$ 287,593
1,529,819
$ 1,817,412
A copy of BVSWMA's separate audited financial statements may be obtained from the City's Finance
Department.
-60 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENT S
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
IV. OTHER INFORMATION (Continued)
E. CONTRACT WITH THE TEXAS MUNICIPAL POWER AGENCY
The City began purchasing 100% of its electrical power requirements from the Texas Municipal Power
Agency ("TMPA") on December 30, 1991. Under this contract, TMPA shall initially provide the City
with 11 0 MW of electrical power at the following rates:
Demand Charge
Energy Charge
$ 11 . 78 per KW
$ 2.00 per MWH
The contract also includes a provision for consideration of the City as an equal member in the future
generation projects built by TMPA. However, at its September 14, 1995, meeting, the College Station
City Council selected Texas Utilities Electric Corporation as the City's new provider of wholesale
electrical power. This new contract becomes effective January 1, 1996, and will save an estimated
$32 million in power costs over the next four years.
The City's monthly electrical bill averaged $1,959,750 during the current fiscal year.
F. RETIREMENT PLAN
Plan Descriotion
The City provides pension benefits for all of its full-time employees through a nontraditional, joint
contributory, defined contribution plan in the state-wide Texas Municipal Retirement System ("TMRS"),
one of over 650 administered by TMRS, an agent multiple-employer public employee retirement system.
It is the opinion of the TMRS management that the plans in TMRS are substantially defined contribution
plans, but they have elected to provide additional voluntary disclosure to help foster a better
understanding of some of the nontraditional characteristics of the plan.
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.
Members can retire at ages 60 and above with 10 or more years of service or with 25 years of service
regardless of age. The plan also provides death and disability benefits. A member is vested after 10
years, but he must leave his accumulated contributions in the plan. If a member withdraws his own
money, he is not entitled to the employer-financed monetary credits, even if he was vested. 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.
-61 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMEN TS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
IV. OTHER INFORMATION (Continued)
F. RETIREMENT PLAN (Continued)
Contribution Requirements
The contribution rate for employees is 6%, and the City matching percent is currently 200%, both as
adopted by the governing body of the City. Under the state law governing TMRS, the City contribution
rate is annually determined by the actuary. 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 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 retirement becomes effective. The prior service contribution rate amortizes the unfunded
actuarial liability over the remainder of the plan's 25-year amortization period. When the City periodically
adopts updated service credits and increases in annuities in effect, the increased unfunded actuarial
liability is to be amortized over a new 25-year period. Currently, the unfunded actuarial liability is being
amortized over the 25-year period which began January 1995. The unit credit actuarial cost method
is used for determining the City contribution rate. Contributions are made monthly by both the
employees and the City. Since the City needs to know its contribution rate in advance to budget for it,
there is a one-year lag between the actuarial valuation that is the basis for the rate and the calendar
year when the rate goes into effect.
The City's total payroll in fiscal year 1995 was $17,941,036 and the City's contributions w� based
on a payroll of $17,086,936. Both the City and the covered employees made the required
contributions. The employees' contribution was $981,233 which equaled a contribution rate of 6%.
The amount contributed by the City was $1,238,250 which breaks down as follows:
For the months in calendar year 1994, the City contributed $271,371 (6.17% of covered
payroll) of which $230,467 (5.24%) was the amount of the actuar.ial required contributions
intended to cover the normal cost and $40,904 (0.93%) was the amount intended to amortize
the unfunded actuarial accrued liability. For the months in calendar year 1995, the City
contributed $966,879 (7 .62% of covered payroll) of which $798, 119 (6.29%) was the amount
of the actuarial required contributions intended to cover the normal cost and $168, 760 (1 .33 %)
was the amount intended to amortize the unfunded actuarial accrued liability.
The City adopted changes in the plan since the previous actuarial valuation, which had the effect of
increasing the City's contribution rate for 1995 by 1.31 % of payroll.
Funding Status
Even though the substance of the City's plan is not to provide a defined benefit in some form, some
additional voluntary disclosure is appropriate due to the nontraditional nature of the defined contribution
plan which had an initial unfunded pension benefit obligation due to the monetary credits granted by
the City for services rendered before the plan began and which can have additions to the unfunded
pension benefit obligation through the periodic adoption of increases in benefit credits and benefits.
Statement No. 5 of the Governmental Accounting Standards Board (GAS B 5) defines pension benefit
obligation as a standardized disclosure measure of the actuarial present value of pension benefits,
adjusted for the effects of projected salary increases, estimated to be payable in the future as a result
of employee service to date. The measure is intended to help users assess the funding status of public
-62 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GEN ERAL PURPOSE FINAN CIAL STA TEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
IV. OTHER INFORMATION (Continued)
F. RETIREMENT PLAN (Continued)
employee pension plans, assess progress made in accumulating sufficient assets to pay benefits when
due, and make comparisons among public employee pension plans.
The pension benefit obligation shown below is similar in nature to the standardized disclosure measure
required by GASS 5 for defined benefit plans except that there is no need to project salary increases
since the benefit credits earned for service to date are not dependent upon future salaries. The
calculations were made as part of the annual actuarial valuation as of December 31 , 1 994. Because
of the money-purchase nature of the plan, the interest rate assumption, currently 8.5% per year, does
not have as much impact on the results as it does for a defined benefit plan. Market value of assets is
not determined for each City's plan, but the market value of assets for TMRS as a whole was 98.6%
of book value as of December 31 , 1 994.
The total unfunded pension benefit at December 31, 1994, the latest available information, was
$4,893,748 as follows:
Pension Benefit Obligation
Annuitants Currently Receiving Benefits
Terminated Employees
Current Employees:
Accumulated Employee Contributions Including
Allocated Invested Earnings
Employer-Financed Vested
Employer-Financed Nonvested
Total
Net Assets Available for Benefits, at Book Value
Unfunded Pension Benefit Obligation
1994
$ 1,920,948
3,795,888
7,813,839
11,295,531
2,036,806
26,863,012
21,969,264
$ 4,893,748
The book value of assets is amortized cost for bonds and original cost for short-term securities and
stocks. The actuarial assumptions used to compute the actuarially determined City contribution rate
are the same as those used to compute the pension benefit obligation. The amounts above reflect the
adoption of changes in the plan since the previous actuarial valuation, which had the effect of increasing
the pension benefit obligation by $784,461.
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.
Complete trend information prior to 1987 is unavailable. Additional historical trend information will be
presented as it becomes available.
-63 -
·'
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PUR POSE FINANCIAL STATEMENTS
FO R THE FISCAL YEA R EN DED SEPTEMBER 30, 1995
IV . OTHER INFOR MATION (Continued)
F. RETIREMENT PLAN (Continued)
Net Assets Available
Net Assets Pension as a Percent of
Year Ended Available Benefit Pension Benefit
December 30 for Benefits Obligation Obligation
1987 $ 7,299,624 $ 9,852,771 74%
1988 8,806,929 11,049,475 80%
1989 10,123,841 12,471,103 81%
1990 11,509,969 13,900, 118 83%
1991 13,710,302 15,822,634 87%
1992 16, 151,960 18,618,664 87%
1993 19,345,662 22,717,522 85%
1994 21,969,264 26,863,012 82%
Unfunded Unfunded Pension
Pension Annual Benefit Obligation as a
Year Ended Benefit Covered Percentage of Annual
December 30 Obligation Payroll Covered Payroll
1987 $ 2,553, 147 $ 12,861,559 20%
1988 2,242,546 11,028,053 20%
1989 2,347,262 11,949,309 20%
1990 2,390,149 12,971,271 18%
1991 2, 112,332 13,792,527 15%
1992 2,466,704 14,658,546 17%
1993 3,371,860 16,049, 130 21%
1994 4,893,748 17,086,936 29%
Em ployer Contributions
Year Ended Employer Employee as Percentage of
December 30 Contributions Contributions Annual Covered Payroll
1987 $ 680,759 $ 643,995 5.3%
1988 652,444 551,417 5.9%
1989 730,712 597,473 6.1 %
1990 822,349 648,573 6.3%
1991 878,349 689,686 6.4%
1992 883,753 732,941 6.0%
1993 980,194 802,467 6.1%
1994 1,238,250 981,233 7.2%
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. Substantially all employees may become eligible for such
benefits if they reach normal retirement age while working for the City. The health care benefits are
provided through a self-insurance plan administered by Donovan Benefit Systems (see Note IVC).
During fiscal year 1995, five retirees were eligible under this plan; however, claims filed by these
retirees were not material.
-64 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
IV. OTHER INFORMATION (Continued)
F. RETIREMENT PLAN (Continued)
Fireman's Relief and Retirement Fund
The City's General Fund is used to account for the accumulation of resources and the payment of
annuities and related administrative costs of the Fireman's Relief and Retirement Fund, a closed,
single-employer, defined contribution plan. Resources are contributed by the City at an annual fixed
rate. The City has voluntarily contributed amounts as needed to maintain the solvency of the fund.
The potential future liabilities related to these payments appear to be minimal due to the fact that there
are no additional firefighters who could become eligible for these $25 per month payments in the future.
Currently, six retirees and four widows receive benefits.
Total assets of the plan are included in the General Fund as a portion of the restricted cash balance.
All qualitative and quantitative disclosures as required by the Governmental Accounting Standards Board
are not made for the Fireman's Relief and Retirement Fund because such plan is not considered to be
material.
G. SEGMENT INFORMATION OF ENTERPRISE FUNDS
The City maintains five enterprise funds. Segment information for the year ended September 30, 1995,
is as follows (amounts in thousands):
Electric
Fund
Operating Revenues $ 35,065
Operating Expenses
(Excluding Depreciation) 28,802
Depreciation 881
Operating Income 5,381
Operating Transfers, Net (3,619)
Net Income 2, 179
Property and Equipment
Additions 5,827
Net Working Capital 13,461
Total Assets 49,976
Bonds and Other
Long-Term Liabilities
(Excluding Current Portion) 13, 174
Total Equity 30, 21 6
$
Water
Fund
6,537
2,835
878
2,825
(939)
1,285
1,841
843
29,757
7,609
20,278
$
Sewer
Fund
5,764
3,045
662
2,057
(207)
1,474
8,867
1,040
39,787
18,288
18,028
-65 -
Solid Waste
$
Collection
Fund
3,403
3,053
266
83
(150)
9
12
829
3, 177
666
2,262
Cedar Creek
Condomin ium
$
Fund
168
65
9
94
0
65
797
18
875
741
65
Total
$ 50,937
37,800
2,696
10,440
(4,915)
5,012
17,344
16, 191
123,572
40,478
70,849
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FO R THE FISCAL YEA R EN DED SEPTEMBER 30, 1995
IV. OTHER INFORMATION (Continued)
H. DEFER RED 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.
All amounts of compensation deferred under the plan, all property and right purchased with those
amounts, and all income attributable to those amounts, property, or rights are (until paid or made
available to the employee or other beneficiary) solely the property and rights of the City (without being
restricted to the provisions of benefits under the plan), subject only to the claims of the City's general
creditors. Participants' rights under the plan are equal to those of general creditors of the City in an
amount equal to the fair market value of the deferred account for each participant.
It is the opinion of the City's legal counsel that the City has no liability for losses under the plan but
does have the duty of due care that would be required of an ordinary prudent investor. The City
believes that it is unlikely that it will use the assets to satisfy the claims of general creditors in the
future.
I. 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.
J. REVENUE BOND COVERAGE
All the net revenues of the El ectric, Water, and Sewer Fund 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.
K. DEFEASED DEBT
On August 1, 1995, the City of College Station issued utility revenue bonds of $7, 125,000 (par value)
with an interest rate of 6.4%-7.2% to advance refund utility revenue bonds with an interest rate of
9.1 %-9.5% and a par value of $7,085,000. The refunded bonds mature on February 1, 2001, and
were callable on February 1, 1995. The new bonds were issued at par and after paying issuance costs
of $40,000 the net proceeds were $7,085,000. The net proceeds from the issuance of the revenue
-66 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1995
IV. OTHER INFORMATION (Continued)
K. DEFEASED DEBT (Continued)
bonds were used to call all bonds maturing February 1, 1997, through February 1, 2001. The called
bonds were removed as liabilities from the City's Electric, Water, and Sewer Funds.
As a result of the advance refunding, the City reduced its total debt service requirements by $4 73 ,04 7,
which resulted in an economic gain (difference between the present value of the debt service payments
on the old and new debt) of $383,209 or 5.4% of principal.
In prior years the City defeased certain revenue refunding bonds totaling $40,645,000 and certain
general obligation bonds and certificates of obligation totaling $11 ,821 , 126 by placing the proceeds of
the refunding bonds in an irrevocable trust to provide for all future debt service on the refunded bonds.
Accordingly, the trust account assets and the liability for the defeased bonds are not included in the
City's general purpose financial statements. At September 30, 1995, the outstanding principal balance
of these defeased revenue refunding bonds was $13, 710;000. At September 30, 1995, the
outstanding principal balance of the defeased general obligation bonds and certificates of obligation was
$6,425,000.
L. BONDS AVAILABLE FOR SALE
Authorized general obligation bonds available for future issue are as follows:
Civic Center
Drainage Improvements
Public Buildings
Street Improvements
Parks Improvements
Sidewalks and Bikepaths
Traffic Management
Drainage Improvements
New Library
Athletic Park Land
TOTAL
Year
Authorized
1976
1984
1984
1995
1995
1995
1995
1995
1995
1995
Un issued
Amount
$ 500,000
880,000
700,000
8,925,000
1,350,000
1,200,000
1,480,000
1,410,000
1,935,000
1,500,000
$ 19,880,000
Revenue bonds, authorized in fiscal 1984, remain unissued in the amount of $2,615,000 and are
available for future use.
-67 -
. I
. I ·I .i
. l I .,I
-68 -
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.
- 69 -
. I
J
,, <l
...
'
·'
. ,
· .. i
· 1 ·.1
-70 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 1,333,359 $ 850,385
Equity in Investments 2,856,958 2,758,292
Receivables:
Accrued Interest 102,059 159,890
Grants 39,612 46,576
Letter of Credit 25,009 25,000
Accounts 182,902 260,938
Special Assessments 79,330 138,471
Delinquent Property Taxes 47,027 79,563
State Sales Tax 734,753 800,863
Notes 28,544 41,221
Other 29,726 48,190
Less Allowance for Uncollectible Accounts (119,009) (230,607)
Due from Other Funds 117,635 200,731
Inventories 184,694 167,275
Prepaid Costs 649 2,863
Restricted Assets:
Equity in Cash and Cash Equivalents 144, 193 546, 191
Equity in Investments 308,960 1,833, 114
Receivables:
Accrued Interest 2,594 41,974
Accounts 235 Hl3Q
Total Assets $ 6,099,730 $ 7,772,360
Liabilities and Fund Balances
Liabilities:
Accounts Payable $ 667,776 $ 204,139
Retainage Payable 20,211 20,211
Refundable Deposits 1,730 1,325
Accrued Liabilities 455,260 400,380
Customer Construction Advances 105,934 85,766
Other Deferred Revenues 462,030 549,567
Restricted Liabilities:
Accounts Payable 0 4,130
Retainage Payable 0 26,625
Accrued Liabilities
Total Liabilities 1, 712,966 1,292, 168
Fund Balances:
Reserved:
Reserved for Encumbrances 513,425 1,310,710
Reserved for Prepaid Costs 649 2,863
Reserved for Inventory 184,694 167,275
Reserved for Fireman's Relief and Retirement Fund 3,276 6, 112
Reserved for Cemetery 121,676 0
Reserved for Capital Projects 0 952,865
Unreserved:
Designated for Subsequent Years' Expenditures 18,413 125,908
Undesignated 3,544 631 3,914,459
Total Fund Balances 4,386,764 6,480, 192
Total Liabilities and Fund Balances $ 6,099,730 $ 7,772,360
- 71 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For Fiscal Years Ended September 30, 1995 and 1994
Revenues:
Taxes:
General Property
General Sales
Mixed Drinks
Franchise
Licenses and Permits
Grants
Charges for Services:
Parks and Recreation
Police
Fire
Public Services
Municipal Court
Development Services
General Government
Miscellaneous
Fines, Forfeits and Penalties
Special Assessments
Use of Money and Property:
Interest Earnings:
Investments
Loans
Other
Rents and Royalties
Loan Repayments
Contributions
Reimbursed Expenses
Other
Total Revenues
(Continued)
-72 -
1995
$ 2,365,740
8,887,016
121,347
485,368
523,725
39,065
542,211
184,713
295,913
6,440
82,636
53,505
16,285
0
1,003,547
59, 141
254,888
18,777
32,968
63,732
8,671
101,229
170
104,893
15,251,980
$
1994
2,086,274
8,671,072
105,021
358,392
557,440
39,723
522,939
128,939
271,317
7,300
67,524
52,988
14,030
1,231
915,126
4,779
296,596
0
0
104,054
15,728
8,296
10,497
95,312
14,334,578
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For Fiscal Years Ended September 30, 1995 and 1994
(Continued)
1995 1994
Expenditures:
Current:
General Government $ 946,704 $ 806,498
Fiscal and Human Resources 1,794,734 1,644,909
Community Services Administration 154,935 141,875
Police 5,041,596 4,715,064
Fire 3,827,835 3,454,391
Development Services 2, 114,664 1,803,898
Parks 3,629,244 3,083,389
Public Services 2,428,727 2,533,983
Management Services 1,821,569 1,526,388
Library Services 327,393 282,255
Reimbursed Administrative (2,966,008) (2,886,557)
Public Agency Funding 155,813 107,730
Other 142,228 143,724
Capital Outlay 480,470 1, 120,536
Total Expenditures 19,899,904 18,478,083
Deficiency of Revenues Under Expenditures (4,647,924) (4, 143,505)
Other Financing Sources (Uses):
Proceeds from Long-Term Debt 0 2,680,000
Sale of General Fixed Assets 77,914 40,470
Operating Transfers In 4,915,250 4,407,529
Operating Transfers Out (2,438,668) (445,000)
Total Other Financing Sources (Uses) 2,554,496 6,682,999
Excess (Deficiency) of Revenues and Other
Financing Sources Over (Under) Expenditures
and Other Financing Uses (2,093,428) 2,539,494
Fund Balances, October 1 6,480, 192 3,940,698
Fund Balances, September 30 $ 4,386,764 $ 6,480, 192
-73 -
. ;
... ·
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, 1995
Original Revised
Budget Budget Actual
Taxes:
Current Property $ 2,315,922 $ 2,315,922 $ 2,337,559
Delinquent Property 41,000 41,000 16,583
Tax Penalty and Interest 24,000 24,000 11,598
General Sales 9,000,000 9,000,000 8,887,016
Selective Sales and Use Taxes:
Mixed Drinks 99,600 99,600 118,322
Bingo 0 0 3,025
.Franchise 541,000 541,000 485,368
Total Taxes 12,021,522 12,021,522 11,859,471
Licenses and Permits:
Mixed Drinks 13,600 13,600 14,536
Game Machines 4,000 4,000 2,769
Professional/Occupational 27,775 27,775 53,935
Oil and Gas 4,000 4,000 18,366
Builders Permits 215,000 215,000 314,476
Electrical Permits 23,000 23,000 31,824
Plumbing Permits 60,000 60,000 30,742
Other 11,570 11,570 57,078
Total Licenses and Permits 358,945 358,945 523,726
Grants 18,000 18,000 39,065
Charges for Services:
Parks Concessions 117,000 117,000 117,748
Pool Admissions 158,200 158,200 164,381
Sports Instruction 71, 140 71, 140 66,660
Sports Programs 168,300 168,300 180,993
Special Events 37,000 37,000 1, 155
Teen Center 4,000 4,000 2,964
Other Parks 270 270 8,310
Police Hazardous Materials Response
Response 1,500 1,500 140
Fingerprinting 1,000 1,000 730
Police Reports and Records
Checks 7,205 7,205 7,795
Arrest Fees 60,000 60,000 79,338
Warrant Service Fees 8,000 8,000 30,760
Police Escort Services 14,000 14,000 4,311
False Alarms 15,900 15,900 24,650
Other Police 400 400 36,989
EMS Transport and Standbys 141,650 141,650 282,757
Fire Inspections 2,540 2,540 4,575
(Continued)
- 74 -
Variance
Favorable
(Unfavorable)
$ 21,637
(24,417)
(12,402)
(112,984)
18,722
3,025
(55,632)
(162,051)
936
(1,231)
26, 160
14,366
99,476
8,824
(29,258)
45,508
164, 781
21,065
748
6, 181
(4,480)
12,693
(35,845)
(1,036)
8,040
(1,360)
(270)
590
19,338
22,760
(9,689)
8,750
36,589
141,107
2,035
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, 1995
(Continued)
Variance
Ori�inal Revised Favorable
Bu get Budget Actual (Unfavorable)
Other Fire $ 0 $ 0 $ 173 $ 173
Fire Hazardous Materials
Response 3,500 3,500 8,407 4,907
Street Sweeps and Repairs 3,000 3,000 5,300 2,300
Miscellaneous Street Fees 0 0 1, 140 1, 140
Municipal Court Fees 55,000 55,000 82,636 27,636
Inspection Fees 5, 100 5, 100 8, 110 3,010
Filing Fees 45,000 45,000 14,090 (30,910)
Other Development Services Fees 10,500 10,500 31,305 20,805
Certificate Searches 12,000 12,000 15,817 3,817
Other 7,500 7,500 468 (7,032)
Total Charges for Services 949, 705 949,705 1, 181, 702 231,997
Fines, Forfeits and Penalties:
Municipal Court Fines 876,465 876,465 1,002, 147 125,682
Other Fines and Penalties 0 0 1,000 1,000
Forfeits 0 0 400 400
Total Fines, Forfeits and Penalties 876,465 876,465 1,003,547 127,082
Special Assessments 20,000 20,000 59, 141 39, 141
Use of Money and Property:
Interest on Investments 338,000 338,000 247,871 (90, 129)
Rents and Royalties 99,000 99,000 63,732 (35,268)
Loan Repayment 0 0 8,671 8,671
Interest on Loans 2,000 2,000 18, 777 16,777
Other Interest 2,500 2,500 32,902 30,402
Total Use of Money and Property 441,500 441,500 371,953 (69,547)
Miscellaneous:
Contributions 0 0 101,039 101,039
Reimbursed Expenditures 0 0 170 170
Collection Service Fees 40,000 40,000 45,736 5,736
Sale of Cemetery Lots 18,000 18,000 28,926 10,926
Other 7,500 7,500 22,871 15,371
Total Miscellaneous 65,500 65,500 198,742 133,242
Total Revenues 14,751,637 14,751,637 15,237,347 485,710
Other Financing Sources:
Operating Transfers In 4,915,000 4,915,000 4,915,250 250
Sale of General Fixed Assets 25,000 25,000 77,913 52,913
Total Other Financing Sources 4,940,000 4,940,000 4,993, 163 53, 163
Total General Fund Revenues $ 19,691,637 $ 19,691,637 $ 20,230,510 $ 538,873
- 75 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
General Government:
Mayor and Council:
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Mayor and Council
City Secretary:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total City Secretary
City Manager:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total City Manager
Legal:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Legal
Total General Government
$
Original
Budget
11,050 $
30
15,000
215
52, 155
0
78,450
107,020
5,875
700
0
1,810
47,470
0
162,875
230,574
6,600
144
11,000
1,720
32,369
520
282,927
359,005
17 ,411
550
7,044
19,032
34,782
0
437,824
962,076
(Continued)
-76 -
Revised
Budget
15,050
30
38,000
215
43,855
1,614
98,764
111,324
5,875
700
0
1,810
45,070
4,300
169,079
236,575
6,600
644
9,500
1,720
33, 169
2,720
290,928
363,206
30, 129
550
7,044
21,532
28,082
2,988
453,531
1,012,302
Actual
$ 11,907
21
31,729
229
33,363
1,560
78,809
103,951
4,906
695
4,602
1,577
44,533
0
160,264
237,573
5,592
759
0
2,059
17,986
480
264,449
360,733
32,482
206
6,858
21, 193
23,750
3,035
448,257
951,779
Variance
Favorable (Unfavorable)
$ 3, 143
9
6,271
(14)
10,492
54
19,955
7,373
969
5
(4,602)
233
537
4,300
8,815
(998)
1,008
(115)
9,500
(339)
15, 183
2,240
26,479
2,473
(2,353)
344
186
339
4,332
(47)
5,274
60,523
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Fiscal and Human Resources:
Finance Administration:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Finance Administration
Human Resources:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Human Resources
Accounting:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Accounting
Purchasing and Stores:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Purchasing and Stores
$
(Continued)
Original
Budget
126,744 $
3,515
75
0
1,260
10,470
2,000
144,064
206,380
13, 100
450
5,200
2,240
45,806
3,000
276, 176
336,349
15,095
1,270
143,795
2,950
62,360
0
561,819
155,934
4,800
1,060
5,960
2,500
18,425
0
188,679
(Continued)
-77 -
Revised
Budget
126,744
3,515
75
105,000
1,260
10,470
2,000
249,064
206,384
13, 100
450
5,200
2,240
47,909
7,306
282,589
342,835
15,095
1,270
151,482
2,950
62,360
4,225
580,217
156,294
4,800
1,060
5,960
2,500
18,425
0
189,039
Actual
$ 120,609
2,896
28
52,500
981
9,302
1,928
188,244
205,994
14,249
1,402
4, 145
1,951
31,366
7,660
266,767
319,642
15,932
868
141,624
3,400
55,949
4,225
541,640
154,413
4,394
299
9,236
1,912
16,853
848
187,955
Variance
Favorable
(Unfavorable)
$ 6, 135
619
47
52,500
279
1, 168
72
60,820
390
(1, 149)
(952)
1,055
289
16,543
(354)
15,822
23, 193
(837)
402
9,858
(450)
6,411
0
38,577
1,881
406
761
(3,276)
588
1,572
(848)
1,084
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS}
For the Fiscal Year Ended September 30, 1995
(Continued)
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Budget and Evaluation:
Salaries and Benefits $ 135,058 $ 135,054 $ 128,424 $ 6,630
Supplies 1,350 1,850 2,935 (1,085)
Maintenance 100 100 75 25
.. Purchased Professional Services 18,000 25,573 25,098 475
Purchased Property Services 840 840 857 (17)
Other Purchased Services 13,628 13, 128 13,214 (86)
Capital Outlay 0 3,027 2,006 1,021
Total Budget and Evaluation 168,976 179,572 172,609 6,963
Municipal Court:
Salaries and Benefits 225,024 225,024 197,064 27,960
Supplies 27,950 18,050 10,288 7,762
Maintenance 1,340 1,340 784 556
Purchased Professional Services 85,550 90,550 108, 179 (17,629)
Purchased Property Services 12,440 12,440 3,776 8,664
Other Purchased Services 37,460 41,560 36,644 4,916
Capital Outlay 0 5,611 4,802 809
Total Municipal Court 389,764 394,575 361,537 33,038
Risk Management:
Salaries and Benefits 87,531 87,530 86,075 1,455
Supplies 3,450 3,450 2,658 792
Maintenance 120 120 82 38
Purchased Professional Services 800 800 450 350
Purchased Property Services 850 850 561 289
Other Purchased Services 10,486 10,486 7,626 2,860
Total Risk Management 103,237 103,236 97,452 5,784
Total Fiscal and Human Resources 1,832,715 1,978,292 1,816,204 162,088
(Continued)
- 78 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Community Services Administration:
Salaries and Benefits $ 129,439 $ 144,937 $ 144,444 $ 493
Supplies 1,580 2,080 1,670 410
Maintenance 70 70 44 26
Purchased Property Services 1,340 1,340 983 357
Other Purchased Services 18,360 11,860 7,793 4,067
Capital Outlay 0 4,300 4, 159 141
Total Community Services Administration 150,789 164,587 159,093 5,494
Police:
Police Administration:
Salaries and Benefits 384,831 390,831 389,024 1,807
Supplies 6,400 6,400 6, 148 252
Maintenance 2,450 2,450 1,585 865
Purchased Professional Services 3,700 3,700 600 3, 100
Purchased Property Services 1,820 1,820 359 1,461
Other Purchased Services 40,750 34,750 30,018 4,732
Capital Outlay 0 1,882 1,882 0
Total Police Administration 439,951 441,833 429,616 12,217
Uniform Patrol:
Salaries and Benefits 1,972,604 1,974,286 2,035,051 (60,765)
Supplies 112,450 118,500 93, 105 25,395
Maintenance 43, 100 43, 100 46, 110 (3,010)
Purchased Professional Services 24,800 24,800 22,966 1,834
Purchased Property Services 1,590 1,590 1,935 (345)
Other Purchased Services 193,190 193,190 187,666 5,524
Total Uniform Patrol 2,347,734 2,355,466 2,386,833 (31,367)
Criminal Investigation:
Salaries and Benefits 530,746 530,746 438,309 92,437
Supplies 15,780 15,780 12,269 3,511
Maintenance 8,460 8,460 2,390 6,070
Purchased Professional Services 18,833 18,833 18,898 (65)
Purchased Property Services 3,620 3,620 3,931 (311)
Other Purchased Services 60,363 60,363 57,070 3,293
Capital Outlay 880 15,445 14,565 880
Total Criminal Investigation 638,682 653,247 547,432 105,815
(Continued)
-79 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Variable
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Special Services:
Salaries and Benefits $ 435,361 $ 435,361 $ 376,667 $ 58,694
Supplies 41,270 41,370 28,685 12,685
Maintenance 3,470 3,470 2,825 645
Purchased Professional Services 55,848 58,216 55,634 2,582
Purchased Property Services 1,925 4,675 3,508 1, 167
Other Purchased Services 35,953 39,453 40,668 (1,215)
Total Special Services 573,827 582,545 507,987 74,558
Technical Services:
Salaries and Benefits 256,882 249,384 242,938 6,446
Supplies 16,505 16,505 16,939 (434)
Maintenance 10,410 10,410 1, 165 9,245
Purchased Professional Services 2,760 2,760 600 2, 160
Purchased Property Services 56,774 64,274 66,355 (2,081)
Other Purchased Services 100,255 100,255 97,908 2,347
Total Technical Services 443,586 443,588 425,905 17,683
Communications/Jail:
Salaries and Benefits 726,958 727,749 705,119 22,630
Supplies 20,800 17,176 11,4 78 5,698
Maintenance 15,880 15,880 12,056 3,824
Purchased Professional Services 2,060 2,660 2,647 13
Purchased Property Services 1,680 1,680 232 1,448
Other Purchased Services 36,780 36,780 28,735 8,045
Capital Outlay 0 6,624 4,478 2,146
Total Communications/Jail 804, 158 808,549 764,745 43,804
Total Police 5,247,938 5,285,228 5,062,518 222,710
(Continued)
- 80 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Fire:
Fire Administration:
Salaries and Benefits $ 260,844 $ 266,842 $ 271,206 $ (4,364)
Supplies 17,650 15, 150 14,296 854
Maintenance 6,470 6,470 5,938 532
Purchased Professional Services 23,730 23,730 23,612 118
Purchased Property Services 49,531 58,031 57,466 565
Other Purchased Services 34,935 22,935 19,035 3,900
Capital Outlay 8,000 15,091 15,543 (452)
Total Fire Administration 401,160 408,249 407,096 1, 153
Fire Suppression:
Salaries and Benefits 3,017,207 3,015, 707 2,976,484 39,223
Supplies 116,000 116,623 94,266 22,357
Maintenance 44,450 50,950 45,958 4,992
Purchased Professional Services 1,000 1,000 694 306
Purchased Property Services 250 1,750 866 884
Other Purchased Services 304,448 312, 198 301,920 10,278
Capital Outlay 22,215 32,641 26,742 5,899
Total Fire Suppression 3,505,570 3,530,869 3,446,930 83,939
Fire Prevention:
Supplies 9,030 9,030 6, 126 2,904
Maintenance 100 100 97 3
Other Purchased Services 11,710 11,710 9,869 1,841
Capital Outlay 12,500 12,500 12,452 48
Total Fire Prevention 33,340 33,340 28,544 4,796
Total Fire 3,940,070 3,972,458 3,882,570 89,888
(Continued)
- 81 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Development Services:
Development Services Administration:
Salaries and Benefits $ 151,026 $ 157,027 $ 154,422 $ 2,605
Supplies 4,230 4,730 6,376 (1,646)
Maintenance 3,520 3,520 1,838 1,682
Purchased Professional Services 0 77,700 15,207 62,493
Purchased Property Services 1,640 1,640 2,492 (852)
Other Purchased Services 18,31 5 13, 765 13,267 498
Capital Outlay 0 5,090 5,004 86
Total Development Services
Administration 178,731 263,472 198,606 64,866
Engineering:
Salaries and Benefits 549,830 548,348 502,010 46,338
Supplies 17,964 18,029 15,949 2,080
Maintenance 8,008 6,608 3, 119 3,489
Purchased Professional Services 34,361 49,075 42,603 6,472
Purchased Property Services 5,774 9,774 8,019 1,755
Other Purchased Services 46,713 33,898 30,340 3,558
Capital Outlay 26,778 36,284 34,943 1,341
Total Engineering 689,428 702,016 636,983' 65,033
Planning:
Salaries and Benefits 1,018,503 1,016,097 963,042 53,055
Supplies 44,401 42,751 32,657 10,094
Maintenance 9,305 9,305 3,259 6,046
Purchased Professional Services 107,005 408, 180 292,728 115,452
Purchased Property Services 36,540 39,540 38,672 868
Other Purchased Services 113,375 111,535 86, 128 25,407
Capital Outlay 31,200 47,959 41,995 5,964
Total Planning 1,360,329 1,675,367 1,458,481 216,886
Total Development Services 2,228,488 2,640,855 2,294,070 346,785
(Continued)
-82 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Original
Budget
Revised
Budget Actual
Parks:
Parks Administration:
Salaries and Benefits $ 283,347 $ 289,350 $ 280,469
Supplies 13,050 13,050 12, 124
Maintenance 4,082 4,082 1,870
Purchased Property Services 6,070 6,070 3,973
Other Purchased Services 45,860 41,060 41,263
Total Parks Administration 352,409 353,612 339,699
Recreation:
Salaries and Benefits 457,481 457,770 493,330
Supplies 127,460 128,110 122,793
Maintenance 3,950 3,950 4,407
Purchased Professional Services 128,710 126,377 105,128
Purchased Property Services 89,630 90,630 62,539
Other Purchased Services 107,160 104,416 117,726
Capital Outlay 4,000 6,827 6,371
Total Recreation 918,391 918,080 912,294
Special Facilities:
Salaries and Benefits 540,413 543,467 511,422
Supplies 83,300 81,977 73,522
Maintenance 81,210 85,872 56, 168
Purchased Professional Services 229,935 230,635 30,931
Purchased Property Services 116,420 116,420 96,787
Other Purchased Services 64,490 64,813 50,420
Capital Outlay 0 8,380 8,455
Total Special Facilities 1,115,768 1,131,564 827,705
Parks Maintenance:
Salaries and Benefits 688,416 688,420 667,777
Supplies 41,420 49, 114 44,017
Maintenance 95,270 92,276 89,372
Purchased Professional Services 2,325 2,325 1,917
Purchased Property Services 98,040 98,040 116,272
Other Purchased Services 54,950 54,950 56,236
Capital Outlay 7,000 21,500 12,205
Total Parks Maintenance 987,421 1,006,625 987,796
Forestry:
Salaries and Benefits 353,736 341,316 325,387
Supplies 20,250 20,250 17,405
Maintenance 76,850 133,850 145,626
Purchased Professional Services 40,200 46,200 39,681
Purchased Property Services 35,020 35,020 35,600
Other Purchased Services 26,800 26,800 24,885
Capital Outlay 51,000 51,000 42,736
Total Forestry 603,856 654,436 631,320
Total Parks 3,977,845 4,064,317 3,698,814
(Continued)
- 83 -
Variance
Favorable
(Unfavorable)
$ 8,881
926
2,212
2,097
(203)
13,913
(35,560)
5,317
(457)
21,249
28,091
(13,310)
456
5,786
32,045
8,455
29,704
199, 704
19,633
14,393
(75)
303,859
20,643
5,097
2,904
408
(18,232)
(1,286)
9,295
18,829
15,929
2,845
(11,776)
6,519
(580)
1,915
8,264
23, 116
365,503
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Ori8inal Revised
Bu get Budget Actual
Public Services:
Public Services Administration:
Salaries and Benefits $ 232,277 $ 236,098 $ 201,200
Supplies 4,150 4, 150 4,081
Maintenance 1,630 1,630 1,313
Purchased Professional Services 0 0 110
Purchased Property Services 13,590 16,090 15,071
Other Purchased Services 23,450 17,450 13,251
Total Public Services Administration 275,097 275,418 235,026
Streets Maintenance:
Salaries and Benefits 565,312 565,312 499,004
Supplies 30,700 32,900 35,342
Maintenance 680,680 689,071 647,986
Purchased Professional Services 45,200 43,700 2,970
Purchased Property Services 30,470 30,470 28, 108
Other Purchased Services 209,910 229,910 224,659
Capital Outlay 0 1,500 0
Total Streets Maintenance 1,562,272 1,592,863 1,438,069
Drainage Maintenance:
Salaries and Benefits 111,237 111,237 109,303
Supplies 2,420 2,420 2,570
Maintenance 9,600 9,600 14,015
Purchased Professional Services 0 0 44
Purchased Property Services 3,700 3,700 5,374
Other Purchased Services 35,270 35,270 34,916
Total Drainage Maintenance 162,227 162,227 166,222
Fleet Services:
Salaries and Benefits 403,035 403,035 390, 183
Supplies 20, 139 23,739 22,566
Maintenance 7,000 7,000 7,706
Purchased Professional Services 2,400 800 673
Purchased Property Services 15,410 15,410 16,584
Other Purchased Services 25,603 23,603 22,660
Total Fleet Services 473,587 473,587 460,372
Traffic:
Salaries and Benefits 90,540 90,539 96,495
Supplies 3,180 3, 180 1,726
Maintenance 31,030 31,030 25,350
Purchased Professional Services 5,000 5,000 0
Purchased Property Services 810 810 982
Other Purchased Services 6,210 6,210 4,481
Total Traffic 136,770 136,769 129,034
Total Public Services 2,609,953 2,640,864 2,428,723
(Continued)
- 84 -
Variance
Favorable
(Unfavorable)
$ 34,898
69
317
(110)
1,019
4, 199
40,392
66,308
(2,442)
41,085
40,730
2,362
5,251
1,500
154,794
1,934
(150)
(4,415)
(44)
(1,674)
354
(3,995)
12,852
1, 173
(706)
127
(1, 174)
943
13,215
(5,956)
1,454
5,680
5,000
(172)
1,729
7,735
212, 141
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Management Services:
Management Services Administration:
Salaries and Benefits $ 85,875 $ 85,875 $ 85, 128 $ 747
Supplies 3,250 3,050 2,692 358
Maintenance 50 50 32 18
Purchased Property Services 1,000 1,000 650 350
Other Purchased Services 8, 110 6,662 4, 192 2,470
Capital Outlay 0 1,048 1,059 (11)
Total Management Services
Administration 98,285 97,685 93,753 3,932
Public Relations:
Salaries and Benefits 78,953 84,453 84,893 (440)
Supplies 6,775 6,575 3,804 2,771
Maintenance 670 740 48 692
Purchased Professional Services 0 5,500 5,209 291
Purchased Property Services 785 785 758 27
Other Purchased Services 51,860 45,790 39,902 5,888
Capital Outlay 0 3,500 3,288 212
Total Public Relations 139,043 147,343 137,902 9,441
Energy Management Services:
Salaries and Benefits 204,779 204,779 196,524 8,255
Supplies 2,640 2,640 2,438 202
Maintenance 8,880 8,880 7, 166 1,714
Purchased Professional Services 50,040 55,040 44,334 10,706
Purchased Property Services 1,640 1,640 1,038 602
Other Purchased Services 13, 784 13, 784 11,660 2,124
Total Energy Management Services 281,763 286,763 263, 160 23,603
Management Information Services:
Salaries and Benefits 455,426 458, 177 435,054 23, 123
Supplies 8,000 13,000 10,853 2, 147
Maintenance 352,117 188,817 147,894 40,923
Purchased Professional Services 0 850 960 (110)
Purchased Property Services 7,260 11,260 10,631 629
Other Purchased Services 44,670 44,020 43,894 126
Capital Outlay 12,010 198, 140 176,255 21,885
Total Management Information Services 879,483 914,264 825,541 88,723
(Continued)
- 85 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Facilities Maintenance:
Salaries and Benefits $ 196,573 $ 196,575 $ 159,497 $ 37,078
Supplies 12,400 12,400 13,444 (1,044)
Maintenance 304,520 348,923 314,413 34,510
Purchased Professional Services 114,860 115,460 107,849 7,611
Purchased Property Services 57,795 61,795 62,210 (415)
Other Purchased Services 26,736 26,736 24,398 2,338
Capital Outlay 2,230 2,230 1,794 436
Total Facilities Maintenance 715,114 764, 119 683,605 80,514
Total Management Services 2, 113,688 2,210,174 2,003,961 206,213
Library Services:
Supplies 300 300 208 92
Maintenance 500 500 348 152
Purchased Professional Services 259,990 263,990 260,810 3, 180
Purchased Property Services 63,420 63,420 62,986 434
Other Purchased Services 3, 120 3, 120 3,040 80
Capital Outlay 40,000 40,000 i:J.0,000 0
Total Library Services 367,330 371,330 367,392 3,938
Nondepartmental:
Operating Transfers Out 407,000 407,000 407,000 0
Public Agency Funding 121,280 121,280 155,813 (34,533)
Special Programs and Projects 133,800 133,800 0 133,800
Inventory Loss 0 0 1, 109 (1, 109)
Contingency 300,000 57,457 0 57,457
Expected Expenditure Savings (914,000) (914,000) 0 (914,000)
Total Nondepartmental 48,080 (194,463) 563,922 (758,385)
Subtotal 23,478,972 24, 145,944 23,229,046 916,898
Less Reimbursed Administrative (3,041,451) (3, 119,523) (3,035,344) (84, 179)
Total General Fund Expenditures and
Other Financing Uses $ 20,437,521 $ 21,026,421 $ 20, 193, 702 $ 832,719
-86 -
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 National
Department of Housing and Urban Development for use on various community
improvement projects.
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.
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.
- 87 -
CITY OF COLLEGE STATION, TEXAS
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1 994)
Totals
Community Hotel/Motel Parks
Development Tax Escrow 1995 1994
Assets:
Equity in Cash and Cash
Equivalents $ 0 $ 249, 176 $ 163,861 $ 413,037 $ 214,321
Equity in Investments 0 533,261 351, 102 884,363 695,263
Receivables:
Accrued Interest 0 13,269 11, 175 24,444 38,239
Grants 164,932 0 1,438 166,370 304,798
Letter of Credit 0 0 25,425 25,425 25,425
Accounts 1,687 3,368 0 5,055 8,896
Loans 170,217 0 0 170,217 209,467
Less Allowance for
Uncollectible Accounts 0 (26) 0 (26) (4,358)
Property Held for Resale 51,000 0 0 51,000 92,000
Total Assets $ 387,836 $ 799,048 $ 553,001 $ 1,739,885 $ 1,584,051
.. Liabilities and Fund Balances
Liabilities:
Accounts Payable $ 336,095 $ 6,576 $ 4,461 $ 347, 132 $ 167,904
Due to Other Funds 117,635 0 0 117,635 180,897
Retainage Payable 49,099 0 2,691 51,790 44,077
Refundable Deposits 0 11,880 0 11,880 13,682
Accrued Liabilities 2,856 3,565 0 6,421 5,488
Customer Construction
Advances 3,000 0 0 3,000 0
Deferred Revenues 170,217 3,649 0 173,866 213,929
Total Liabilities 678,902 25,670 7,152 711,724 625,977
Fund Balances (Deficits):
Reserved:
Reserved for Encumbrances 403,759 264,833 0 668,592 88,719
Reserved for Property Held
for Resale 51,000 0 0 51,000 92,000
Unreserved:
Designated for Subsequent
Years' Expenditures 0 5,912 545,849 551,761 436,691
Undesignated (745,825) 502,633 0 (243, 192) 340,664
Total Fund Balances (Deficits) (291,066) 773,378 545,849 1,028, 161 958,074
Total Liabilities and Fund Balances $ 387,836 $ 799,048 $ 553,001 $ 1,739,885 $ 1,584,051
-88 -
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, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Totals
Community Hotel/Motel Parks
Development Tax Escrow 1995 1994
Revenues:
Taxes $ 0 $ 1,221,579 $ 0 $ 1,221,579 $ 1, 185,648
Grants 1,763,562 0 7,967 1,771,529 1,203,029
Charges for Services 0 39, 711 0 39, 711 37,795
Fines, Forfeits and Penalties 0 240 0 240 1, 157
Interest on Investments 0 24,744 24,922 49,666 60, 157
Rents and Royalties 0 67,905 0 67,905 93,309
Loan Repayments 10,879 0 0 10,879 10,286
Interest on Loans 7,473 0 0 7,473 9,355
Contributions 0 0 97,071 97,071 83,700
Other 4,094 17,012 0 21, 106 25,995
Total Revenues 1,786,008 1,371,191 129,960 3,287, 159 2,710,431
Expenditures:
Current:
Housing Rehabilitation 99,644 0 0 99,644 550, 144
Optional Relocation 717,983 0 0 717,983 0
Clearance and Demolition 70,666 0 0 70,666 32,410
Acquisitions 24, 738 0 0 24,738 0
Interim Assistance 3,864 0 0 3,864 5,434
Homebuyer' s Assistance 0 604,894 0 604,894 0
Principal Reduction 0 4,915 0 4,915 0
Special Programs and
Projects 0 0 0 0 180,932
Reimbursed Administrative 338,463 619,125 0 957,588 663,087
Public Agency Funding 153,961 0 0 153,961 737,213
Other 0 0 0 0 10, 145
Capital Outlay 664,332 132,459 20,599 817,390 362,465
Total Expenditures 2,073,651 1,361,393 20,599 3,455,643 2,541,830
Excess (Deficiency) of Revenues
Over (Under) Expenditures (287,643) 9,798 109,361 (168,484) 168,601
Other Financing Sources (Uses):
Proceeds from Long Term Debt 0 250,000 0 250,000 0
Sale of General Fixed Assets 29,069 75 0 29, 144 0
Operating Transfers In 0 427 0 427 0
Operating Transfers Out 0 0 0 0 (384,762)
Total Other Financing
Sources (Uses) 29,069 250,502 0 279,571 (384,762)
Excess (Deficiency) of Revenues
and Other Financing Sources
Over (Under) Expenditures and
Other Financing Uses (258,574) 260,300 109,361 111,087 (216,161)
Fund Balances (Deficits), October 1 (83,492) 513,078 436,488 866,074 1, 174,235
Fund Balances (Deficits).
September 30 $ (342,066) $ 773,378 $ 545,849 $ 977, 161 $ 958,074
- 89 -
CITY OF COLLEGE STATION, TEXAS
COMMUNITY DEVELOPMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets:
Receivables:
Grants $ 164,932 $ 304,798
Accounts 1,687 893
Loans 170,217 209,467
Property Held for Resale 51,000 92,000
Total Assets $ 387,836 $ 607, 158
Liabilities and Fund Balances
Liabilities:
Accounts Payable $ 336,095 $ 160,223
Due to Other Funds 117,635 180,897
Retainage Payable 49,099 42,705
Accrued Liabilities 2,856 2,358
Customer Construction Advances 3,000 0
Deferred Revenues 170,217 212,467
Total Liabilities 678,902 598,650
.>.
Fund Balances (Deficits):
Reserved:
Reserved for Encumbrances 403,759 88,719
Reserved for Property Held for Resale 51,000 92,000
Unreserved:
Undesignated (745,825) (172,211)
Total Fund Balances (Deficit) (291,066) 8,508
Total Liabilities and Fund Balances $ 387,836 $ 607, 158
-90 -
CITY OF COLLEGE STATION, TEXAS
COMMUNITY DEVELOPMENT FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Revenues:
Grants $ 1,763,562 $ 1,203,029
Loan Repayments 10,879 10,286
Interest on Loans 7,473 9,355
Other 4,094 23,466
Total Revenues 1,786,008 1,246, 136
Expenditures:
Current:
Housing Assistance and Rehabilitation 99,644 550, 144
Optional Relocation 717,983 0
Clearance and Demolition 70,666 32,410
Acquisitions 24,738 0
Interim Assistance 3,864 5,434
Reimbursed Administrative 338,463 319,791
Public Agency Funding 153,961 145,063
Other 0 3,872
Capital Outlay 664,332 360,653
Total Expenditures 2,073,651 1,417,367
Deficiency of Revenues Under Expenditures (287,643) (171,231)
Other Financing Sources:
Sale of General Fixed Assets 29,069 0
Total Other Financing Sources 29,069 0
Deficiency of Revenues and Other Financing
Sources Under Expenditures (258,574) (171,231)
Fund Balances (Deficit), October 1 (83,492) 179, 739
Fund Balances (Deficit), September 30 $ (342,066) $ 8,508
-91 -
;, ..
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, 1995
Original
Budget
Revenues:
Grants:
Community Development
Block Grant $ 2,269,370 $
HOME Grant 975,091
HOPE Grant 433,976
Interest on Loans 9,800
Loan Repayments 10,700
Other 3,500
Total Revenues 3,702,437
Expenditures:
Community Development Block Grant
Current:
Housing Assistance and Rehab 205,209
Optional Relocation 456,438
Clearance and Demolition 101,221
Acquisitions 5,000
Interim Assistance 5,000
Commercial Rehabilitation 50,000
Reimbursed Administrative 338, 130
Public Agency Funding 203,554
Capital Outlay 775,917
Total Community Development
Block Grant Expenditures 2, 140,469
(Continued)
Revised
Budget
2,269,370 $
975,091
433,976
9,800
10,700
3,500
3,702,437
77,351
601,110
101,221
29,500
5,000
50,000
341,316
203,554
735,784
2, 144,836
Actual
1,323,809
406,084
33,669
7,473
10,879
4,094
1,786,008
48,161
423,861
65,864
24,738
3,864
0
287,630
153,961
632,667 �,7��
? �-
•
Variance
Favorable
(Unfavorable)
$ (945,561)
(569,007)
(400,307)
(2,327)
179
594
(1,916,429)
29, 190
177,249
35,357
4,762
1, 136
50,000
53,686
49,593
103,117
504,090
.c;i f P'·j �)I w' j_) (p 3 'Ci, 5J (p
</Scn4 -
Coe.
-92 -
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, 1995
(Continued)
Original Variance
Revised Favorable Budget Budget Actual (Unfavorable)
HOME Grant:
Current:
Housing Assistance and Rehab $ 271,000 $ 161,500 $ 51,355 $ 110,145
Optional Relocation 466,484 610,984 294, 122 316,862
Clearance/Demolition 75,000 40,000 4,802 35, 198
Reimbursed Administrative 62,000 62,000 49,545 12,455
Total HOME Grant Expenditures 874,484 874,484 399,824 474,660
HOPE Grant:
Current:
Housing Assistance and Rehab 164,903 164,498 128 164,370
Acquisitions 175,346 175,346 0 175,346
Downpayment Assistance 30,000 30,000 0 30,000
Closing Costs 25,000 25,000 0 25,000
Principal Reduction 3,000 3,000 0 3,000
Architect and Engineering 1, 117 1, 117 0 1, 117
Homebuyer Counseling and
Training 1,500 1,500 0 1,500
Applicant Training 1,500 1,500 0 1,500
Interest Rate Reduction 2,000 2,000 0 2,000
Other 2,000 2,000 0 2,000
Reimbursed Administrative 21,636 21,636 1,288 20,348
Capital Outlay 0 0 31,665 (31,665)
Total HOPE Grant Expenditures 428,002 427,597 33,081 394,516
. Total Expenditures, All Grants 3,442,955 3,446,917 2,073,651 1,373,266
Excess (Deficiency) of Revenues
Over (Under) Expenditures 259,482 255,520 (287,643) (543, 163)
Other Financing Sources:
Sale of General Fixed Assets 0 0 29,069 29,069
Total Other Financing Sources 0 0 29,069 29,069
Excess (Deficiency) of Revenues
and Other Financing Sources
Over (Under) Expenditures 259,482 255,520 (258,574) (514,094)
Fund Balances (Deficits), October 1 (26,012) (26,012) (83,492) (57,480)
Fund Balances (Deficits), September 30 $ 233,470 $ 229,508 $ (342,066) $ (571,574)
- 93 -
CITY OF COLLEGE STATION, TEXAS
HOTEL/MOTEL TAX FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 249, 176 $ 120,904
Equity in Investments 533,261 390,652
Receivables:
Accrued Interest 13,269 23,832
Accounts 3,368 8,003
Less Allowance for Uncollectible Accounts (26) (4,358)
Total Assets $ 799,048 $ 539,033
Liabilities and Fund Balances
Liabilities:
Accounts Payable $ 6,576 $ 7,681
Refundable Deposits 11,880 13,682
Accrued Liabilities 3,565 3, 130
Deferred Revenues 3,649 1,462
Total Liabilities 25,670 25,955
Fund Balances:
Reserved:
Reserved for Encumbrances 264,833 0
Unreserved:
Designated for Subsequent Years' Expenditures 5,912 203
Undesignated 502,633 512,875
Total Fund Balances 773,378 513,078
Total Liabilities and Fund Balances $ 799,048 $ 539,033
-94 -
CITY OF COLLEGE STATION, TEXAS
HOTEL/MOTEL TAX FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Revenues:
Taxes $ 1,221,579 $ 1, 185,648
Charges for Services 39,711 37,795
Fines, Forfeits and Penalties 240 1, 157
Interest on Investments 24,744 37,480
Rents and Royalties 67,905 93,309
Other 17,012 2,529
Total Revenues 1,371,191 1,357,918
Expenditures:
Current:
Reimbursed Administrative 604,894 343,296
Special Programs and Projects 4,915 180,932
Public Agency Funding 619,125 592, 150
Other 0 6,273
Capital Outlay 132,459 0
Total Expenditures 1,361,393 1,122,651
Excess of Revenues Over Expenditures 9,798 235,267
Other Financing Sources (Uses):
Proceeds from Long Term Debt 250,000 0
Sale of General Fixed Assets 75 0
Operating Transfers In 427 0
Operating Transfers Out 0 (384,762)
Total Other Financing Sources (Uses) 250,502 (384,762)
Excess (Deficiency) of Revenues
Over (Under) Expenditures and Other
Financing Sources (Uses) 260,300 (149,495)
Fund Balances, October 1 513,078 662,573
Fund Balances, September 30 $ 773,378 $ 513,078
-95 -
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, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Revenues:
Taxes $ 1, 150,040 $ 1, 150,040 $ 1,221,579 $ 71,539
Charges for Services 0 0 39,711 39,711
Fines, Forfeits and Penalties 800 800 240 (560)
Interest on Investments 40,000 40,000 24,744 (15,256)
Rents and Royalties 90,000 90,000 67,905 (22,095)
Contributions 3,000 3,000 0 (3,000)
Other 5,000 5,000 17,012 12,012
Total Revenues 1,288,840 1,288,840 1,371,191 82,351
Expenditures:
Current:
Reimbursed Administrative 0 642,555 604,894 37,661
Special Programs and Projects 0 4,428 4,915 (487)
Public Agency Funding 606,675 619,175 619,125 50
Capital Outlay 0 550,000 132,459 417,541
Total Expenditures 606,675 1,816,158 1,361,393 454,765
Excess of Revenues Over (Under)
Expenditures 682, 165 (527,318) 9,798 537,116
Other Financing Sources (Uses):
Proceeds from Long Term Debt 0 250,000 250,000 0
Sale of General Fixed Assets 0 0 75 75
Operating Transfers In 0 0 427 427
Operating Transfers Out (227,470) (177,470) 0 177,470
Total Other Financing Sources (Uses) (227,470) 72,530 250,502 177,972
Excess (Deficiency) of Revenues and
Other Financing Sources Over (Under) 454,695 (454,788) 260,300 715,088 Expenditures and Other Financing Uses
Fund Balance (Deficit), October 1 517,892 517,892 513,078 (4,814)
Fund Balance, September 30 $ 972,587 $ 63, 104 $ 773,378 $ 710,274
- 96 -
CITY OF COLLEGE STATION, TEXAS
PARKS ESCROW FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 163,861 $ 93,417
Equity in Investments 351,102 304,611
Receivables:
Accrued Interest 11, 175 14,407
Grants 1,438 0
Letter of Credit 25,425 25,425
Total Assets $ . 553,001 $ 437,860
Liabilities and Fund Balances
Liabilities:
Accounts Payable $ 4,461 $ 0
Retainage Payable 2,691 1,372
Total Liabilities 7, 152 1,372
Fund Balances:
Unreserved:
Designated for Subsequent Years' Expenditures 545,849 436,488
Total Fund Balances 545,849 436,488
Total Liabilities and Fund Balances $ 553,001 $ 437,860
-97 -
CITY OF COLLEGE STATION, TEXAS
PARKS ESCROW FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Revenues:
Grants $ 7,967 $ 0
Interest on Investments 24,922 22,677
Contributions 97,071 83,700
Total Revenues 129,960 106,377
Expenditures:
Capital Outlay 20,599 1,812
Total Expenditures 20,599 1,812
Excess of Revenues Over Expenditures 109,361 104,565
Fund Balances, October 1 436,488 331,923
Fund Balances, September 30 $ 545,849 $ 436,488
-98 -
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, 1995
Revenues:
Grants
Interest on Investments
Contributions
Total Revenues
Expenditures:
$
Original
Budget
0 $
20,000
0
20,000
Capital Outlay 288,000
Total Expenditures 288,000
Excess (Deficiency) of Revenues Over
(Under) Expenditures (268,000)
Fund Balances, October 1 331,923
Revised
Budget
0
20,000
0
20,000
288,000
288,000
(268,000)
331,923
Actual
$ 7,967
24,922
97,071
129,960
20,599
20,599
109,361
436,488
Variance
Favorable
(Unfavorable)
$ 7,967
4,922
97,071
109,960
267,401
267,401
377,361
104,565
Fund Balances, September 30 $ 63,923 $ 63,923 $ 545,849 $ 481,926
-99 -
'
· 1
'j ··1
·I
-100 -
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.
-101 -
CITY OF COLLEGE STATION, TEXAS
DEBT SERVICE FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 587,325 $ 320, 181
Equity in Investments 1,258,449 1,044,031
Receivables:
Accrued Interest 40,903 105,703
Delinquent Property Taxes 202,852 202,574
Note 349,277 424,435
Total Assets $ 2,438,806 $ 2,096,924
Liabilities and Fund Balances
Liabilities:
Accounts Payable $ 9 $ 0
Accrued Liabilities 18,954 17,316
Other Deferred Revenues:
Deferred Taxes 202,852 202,574
Note Receivable 349,277 495,279
Total Liabilities 571,092 715, 169
Fund Balance:
Reserved for Debt Service 1,867,714 1,381,755
Total Fund Balance 1,867,714 1,381,755
Total Liabilities and Fund Balance $ 2,438,806 $ 2,096,924
-102 -
CITY OF COLLEGE STATION, TEXAS
DEBT SERVICE FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
Revenues:
Taxes
Interest Earnings:
Investments
Accrued Bonds
Loans
Loan Repayments
Other
Total Revenues
Expenditures:
Principal Retirement
Interest Payments
Issuance Costs
Fiscal Charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources:
Proceeds from Long Term Debt
Premiums on Bonds Sold
Operating Transfers In
Total Other Financing Sources
Excess of Revenues and Other Financing
Sources Over Expenditures
Fund Balances, October 1
Fund Balances, September 30
-103 -
1995
$ 4, 124,236
137,602
17, 785
123,869
46,488
4
4,449,984
5, 796, 130
1,511,213
48,048
8,694
7,364,085
(2,914, 101)
3,400,000
60
0
3,400,060
485,959
1,381,755
$ 1,867,714
1994
$ 3,634,353
86, 177
0
0
99,514
0
3,820,044
2,066,045
1,244, 123
0
10, 754
3,320,922
499, 122
0
0
10,762
10, 762
509,884
871,871
$ 1,381,755
CITY OF COLLEGE STATION, TEXAS
DEBT SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Revenues:
Taxes $ 4, 103,000 $ 4, 103,000 $ 4, 124,236 $ 21,236
Interest Earnings:
Investments 100,000 100,000 137,602 37,602
Accrued Bond 0 0 17,785 17,785
Loans 0 0 123,869 123,869
Loan Repayments 0 0 46,488 46,488
Other 0 0 4 4
Total Revenues 4,203,000 4,203,000 4,449,984 246,984
Expenditures:
Principle Retirement 2,336, 130 2,336, 130 5, 796, 130 (3,460,000)
Interest Payments 1,517,411 1,517,411 1,511,213 6, 198
Bond Issuance Costs 0 0 48,048 (48,048)
Fiscal Charges 20,000 20,000 8,694 11,306
Total Expenditures 3,873,541 3,873,541 7,364,085 (3,490,544)
Excess {Deficiency) of Revenues
Over {Under) Expenditures 329,459 329,459 (2,914,101) (3,243,560)
Other Financing Sources:
Proceeds from Long Term Debt 0 0 3,400,000 3,400,000
Premiums on Bonds Sold 0 0 60 60
Operating Transfers In 0 0 0 0
Total Other Financing Sources 0 0 3,400,060 3,400,060
Excess of Revenues and Other
Financing Sources Over
Expenditures 329,459 329,459 485,959 156,500
Fund Balances, October 1 1,233, 135 1,233, 135 1,381,755 148,620
Fund Balances, September 30 $ 1,562,594 $ 1,562,594 $ 1,867,714 $ 305, 120
- 104 -
CAPITAL PROJECTS FUNDS
· Capital projects funds are used to account for the acquisition and construction of major
capital facilities other than those financed by proprietary funds and trust funds.
Business Park Fund -to account for the cost of street, water, and sewer improvements
at the College Station Business Park.
Capital Equipment -to account for the cost of acquisition and replacement of equipment
to be made with funds provided by operating funds.
1982 Series II Bond -to account for the cost of parks and street improvements, city hall
and warehouse construction, and a traffic signalization project to be made with funds
provided by proceeds of the 1982 Series II issue of general obligation bonds.
1984 Bond -to account for the cost of street improvements, building construction, and
park improvements to be made with funds provided by proceeds of the 1984 Series of
general obligation bonds.
1 989 Bond -to account for the cost of street improvements and the renovation of the
public services building to be made with funds provided by proceeds of the 1 989 Series
of general obligation bonds.
1 991 Bond -to account for the cost of street improvements and parks improvements
made with funds provided by proceeds of the 1991 Series of general obligation bonds.
1995 Bond -to account for the cost of drainage improvements, building construction,
parks improvements, street improvements, and traffic signalization projects to be made
with funds provided by proceeds of the 1995 bond authorization.
- 105 -
CITY OF COLLEGE STATION, TEXAS
CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEET
September 30, 1 995
(With comparative totals for the fiscal year ended September 30, 1994)
Business Capital 1 982 Series II 1984 Park Equipment Bond Bond
Assets:
Equity in Cash and Cash Equivalents $ 410,270 $ 332,048 $ 12, 184 $ 211,296
Equity in Investments 879,075 711,473 26, 106 452, 738
Receivables:
Accrued Interest 28,333 12,271 998 16, 161
Prepaid Costs 0 0 0 0
Total Assets $ 1,317,678 $ 1,055,792 $ 39,288 $ 680, 195
Liabilities and Fund Balances:
Liabilities:
Accounts Payable $ 0 $ 20,522 $ 2,633 $ 0
Retainage Payable 63,092 0 6,000 0
Accrued Liabilities 0 0 0 0
Customer Construction Advances 0 0 0 0
Total Liabilities 63,092 20,522 8,633 0
Fund Balances:
Reserved:
Reserved for Encumbrances 852,022 109,264 0 296,522
Reserved for Prepaids 0 0 0 0
Unreserved Designated for:
Drainage Projects 0 0 0 27,033
General Government Projects 0 0 0 0
Parks Projects 0 0 0 0
Streets Projects 0 0 0 500,000
Traffic Signalization Projects 0 0 0 0
Unreserved Undesignated 402,564 926,006 30,655 (143,360)
Total Fund Balances 1,254,586 1,035,270 30,655 680, 195
Total Liabilities and Fund Balances $ 1,317,678 $ 1,055,792 $ 39,288 $ 680, 195
- 106 -
Totals
1989 1991 Bond Bond 1995 Bond 1995 1994
$ 217,758 $ 565,403 $ 1,346,350 $ 3,095,309 $ 980,567
466,587 1,211,476 2,884,795 6,632,250 3,212,000
14,865 39,607 41,901 154, 136 121,325
526,755 1,000 1,000 528,755 1,000
$ 1,225,965 $ 1,817,486 $ 4,274,046 $ 10,410,450 $ 4,314,892
$ 29,820 $ 34,793 $ 6,729 $ 94,497 $ 288,624
0 102,499 0 171,591 56,729
0 0 2,897 2,897 0
0 25,000 10,000 35,000 75,000
29,820 162,292 19,626 303,985 420,353
39,074 1,014,022 330,041 2,640,945 1,935,276
526,755 1,000 1,000 528,755 1,000
0 0 394,757 421,790 0
0 0 1,912,470 1,912,470 7,884
15,984 0 279,811 295,795 15,984
0 144,067 1,233,056 1,877, 123 308,220
0 0 420,000 420,000 0
614,332 496, 105 (316,715) 2,009,587 1,626, 175
1,196,145 1,655, 194 4,254,420 10, 106,465 3,894,539
$ 1,225,965 $ 1,817,486 $ 4,274,046 $ 10,410,450 $ 4,314,892
- 107 -
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, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Revenues:
Interest on Investments
Contributions
Reimbursed Expenses
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Contributions
Other
Capital Outlay
Debt Service:
Bond Issuance Costs
Total Expenditures
Deficiency of Revenues Under
Expenditures
Other Financing Sources:
Proceeds from Long Term Debt
Issuance
Operating Transfers In
Total Other Financing Sources
Excess (Deficiency) of Revenues and
Other Financing Sources Over (Under)
Expenditures
Fund Balances, October 1
Fund Balances, September 30
$
Business
Park
77,472 $
0
0
0
77,472
65,000
0
0
789,554
0
854,554
(777,082)
0
2,031,668
2,031,668
1,254,586
Capital
Equipment
1982 Series II
Bond
16,765 $ 0 $
800
21,500
25,944
0
0
2,325
19,090
0
0
0
576,696
3,855
580,551
(561,461)
785,000
407,000
1, 192,000
630,539
48,244
0
0
4,021
213,187
0
217,208
(168,964)
0
0
0
(168,964)
0 404,731 199,619
-----$ 1,254,586 $ 1,035,270 $ 30,655 $
1984
Bond
60,256
0
0
7,736
67,992
30,339
0
0
322,897
9,297
362,533
(294,541)
850,000
0
850,000
555,459
124,736
680, 195
=====
- 108 -
$
1989
Bond
34,099
0
0
0
34,099
45,000
64,500
0
77,377
0
186,877
(152,778)
0
0
0
(152,778)
1,348,923
$
1991
Bond
145, 104
0
34,845
0
179,949
52,347
40,000
0
2,226,984
21,955
2,341,286
(2, 161,337)
2,000,000
0
2,000,000
(161,337)
1,816,531
$
1995
Bond
71,558
0
0
0
71,558
0
0
0
459,905
57,233
517,138
(445,580)
4,700,000
0
4,700,000
4,254,420
0
$
Totals
1995
405,254
800
56,345
36,005
498,404
192,686
104,500
4,021
4,666,600
92,340
5,060, 147
(4,561,743)
8,335,000
2,438,668
10,773,668
6,211,925
3,894,540
$
1994
163,960
0
10,000
374
174,334
111,204
0
0
1,565,348
0
1,676,552
(1,502,218)
1, 180,000
819,000
1,999,000
496,782
3,397,758
$ 1, 196, 145 $ 1,655, 194 $ 4,254,420 $ 10, 106,465 $ 3,894,540
- 109 -
CITY OF COLLEGE STATION, TEXAS
BUSINESS PARK FUND
BALANCE SHEET
September 30, 1995
Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Total Assets
Liabilities and Fund Balances:
Liabilities:
Retainage Payable
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances
Unreserved Designated for:
Unreserved Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
-110 -
$
$
$
410,270
879,075
28,333
1,317,678
63,092
63,092
852,022
402,564
1,254,586
1,317,678
CITY OF COLLEGE STATION, TEXAS
BUSINESS PARK FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
For the Fiscal Year Ended September 30, 1995
Revenues:
Interest Earnings
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Total Expenditures
Deficiency of Revenues Under Expenditures
Other Financing Sources:
Operating Transfers In
Total Other Financing Sources
Excess of Revenues and Other
Financing Sources Over Expenditures
Fund Balance, October 1
Fund Balance, September 30
-111 -
$ 77,472
77,472
65,000
789,554
854,554
(777,082)
2,031,668
2,031,668
1,254,586
0
$ 1,254,586
CITY OF COLLEGE STATION, TEXAS
BUSINESS PARK FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS}
For the Fiscal Year Ended September 30, 1995
Revenues:
Interest Earnings
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources:
Operating Transfers In
Total Other Financing Sources
Excess (Deficiency) of Revenues
and Other Financing Sources
Over (Under) Expenditures
Fund Balances, October 1
Fund Balances (Deficits), September 30 $
$
Original
Budget
0
0
$
Revised
Budget
0 $
0
Actual
77,472
77,472
Variance
Favorable
(Unfavorable)
$ 77,472
77,472
65,000
0
65,000
2,061,253
2, 126,253
65,000
789,554
0
1,271,699
1,271,699 65,000 854,554
(65,000) (2, 126,253) (777,082) 1,349,171
0 0 2,031,668 2,031,668
0 0 2,031,668 2,031,668
(65,000) (2, 126,253) 1,254,586 3,380,839
0 0 0 0
(65,000) $ (2, 126,253) $ 1,254,586 $ 3,380,839
-112 -
CITY OF COLLEGE STATION, TEXAS
CAPITAL EQUIPMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1 994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 332,048 $ 94,925
Equity in Investments 711,473 309,530
Receivables:
Accrued Interest 12,271 2,600
Total Assets $ 1,055,792 $ 407,055
Liabilities and Fund Balances:
Liabilities:
Accounts Payable $ 20,522 $ 0
Retainage Payable 0 2,324
Total Liabilities 20,522 2,324
Fund Balances:
Reserved for Encumbrances 109,264 273,414
Unreserved Undesignated 926,006 131,317
Total Fund Balances 1,035,270 404, 731
Total Liabilities and Fund Balance $ 1,055,792 $ 407,055
-113 -
CITY OF COLLEGE STATION, TEXAS
CAPITAL EQUIPMENT FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
Revenues:
Interest on Investments
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Debt Service:
Issuance Costs
Total Expenditures
Deficiency of Revenues Under Expenditures
Other Financing Sources:
Proceeds from Long Term Debt Issuance
Operating Transfers In
Total Other Financing Sources
Excess of Revenues and Other Financing
Sources Over Expenditures
Fund Balances (Deficits), October 1
Fund Balances, September 30 $
$
1995
16,765
2,325
19,090
0
576,696
3,855
580,551
(561 ,461)
785,000
407,000
1, 192,000
630,539
404,731
1,035,270
-114 -
$
$
1994
4,093
0
4,093
30,000
197,250
0
227,250
(223, 157)
1,000,000
105,000
1, 105,000
881,843
(477,112)
404, 731
CITY OF COLLEGE STATION, TEXAS
CAPITAL EQUIPMENT FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Revenues:
Interest on Investments $ 0 $ 0 $ 16,765 $ 16, 765
Other 0 0 2,325 2,325
Total Revenues 0 0 19,090 19,090
Expenditures:
Capital Outlay 1,242,000 1,696,409 576,696 1,119,713
Debt Issuance Costs 0 0 3,855 (3,855)
Contingency 25,000 8,500 0 8,500
Total Expenditures 1,267,000 1,704,909 580,551 1, 124,358
Excess (Deficiency) of Revenues Over
(Under) Expenditures (1,267,000) ( 1, 704,909) (561,461) 1, 143,448
Other Financing Sources:
Proceeds from Long Term Debt
Issuance 0 0 785,000 785,000
Operating Transfers In 407,000 407,000 407,000 0
Total Other Financing Sources 407,000 407,000 1, 192,000 785,000
Excess (Deficiency) of Revenues and
Other Financing Sources (860,000) (1,297,909) 630,539 1,928,448 Over (Under) Expenditures
Fund Balances, October 1 400,000 400,000 404,731 4,731
Fund Balances (Deficits), September 30 $ (460,000) $ (897,909) $ 1,035,270 $ 1,933, 179
-11 5 -
CITY OF COLLEGE STATION, TEXAS
1982 SERIES II BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 12, 184 $ 111,371
Equity in Investments 26, 106 377,762
Receivables:
Accrued Interest 998 8,558
Total Assets $ 39,288 $ 497,691
Liabilities and Fund Balances:
Liabilities:
Accounts Payable $ 2,633 $ 261,680
Retainage Payable 6,000 36,393
Total Liabilities 8,633 298,073
·.· .. Fund Balances:
Reserved:
Reserved for Encumbrances 0 191, 734
Unreserved Designated for:
General Government Projects 0 7,884
Unreserved Undesignated 30,655 0
Total Fund Balances 30,655 199,618
Total Liabilities and Fund Balances $ 39,288 $ 497,691
-116 -
CITY OF COLLEGE STATION, TEXAS
1982 SERIES II BOND FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
Revenues:
Interest on Investments
Contributions
Reimbursed Expenses
Other
Total Revenues
Expenditures:
Current:
Other
Capital Outlay
Total Expenditures
Deficiency of Revenues Under Expenditures
Other Financing Sources:
Proceeds from Long Term Debt Issuance
Total Other Financing Sources
Deficiency of Revenues and Other Financing
Sources Under Expenditures
Fund Balances, October 1
Fund Balances, September 30
-117 -
$
$
1995
0
800
21,500
25,944
48,244
4,021
213, 187
217,208
(168,964)
0
0
(168,964)
199,619
30,655
$
$
1994
16,088
0
10,000
374
26,462
0
338,842
338,842
(312,380)
180,000
180,000
(132,380)
331,999
199,619
CITY OF COLLEGE STATION, TEXAS
1982 SERIES II BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Revenues:
Contributions
Reimbursed Expenses
Other
Total Revenues
Expenditures:
Current:
Other
Capital Outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Fund Balances (Deficit), October 1
$
Fund Balances (Deficits), September 30 $
Original
Budget
0 $
0
0
0
0
0
0
0
Revised
Budget
0 $
0
0
0
0
1,002,651
1,002,651
( 1,002,651)
Actual
Variance
Favorable
(Unfavorable)
800 $
21,500
25,944
48,244
4,021
213,187
217,208
(168,964)
800
21,500
25,944
48,244
(4,021)
789,464
785,443
833,687
200,000 200,000 199,619 (381)
200,000 $ (802,651) $ 30,655
-118 -
$ 833,306
CITY OF COLLEGE STATION, TEXAS
1984 BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1 994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 211,296 $ 29,973
Equity in Investments 452,738 97,733
Receivables:
Accrued Interest 16, 161 4,766
Total Assets $ 680, 195 $ 132,472
Liabilities and Fund Balances:
Liabilities:
Retainage Payable $ 0 $ 7,736
Total Liabilities 0 7,736
Fund Balances:
Reserved:
Reserved for Encumbrances 296,522 211,943
Unreserved Designated for:
Drainage Projects 27,033 0
Street Projects 500,000 0
Unreserved Undesignated (143,360) (87,207)
Total Fund Balances 680, 195 124,736
Total Liabilities and Fund Balances $ 680, 195 $ 132,472
-119 -
CITY OF COLLEGE STATION, TEXAS
1984 BOND FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
Revenues:
Interest on Investments
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Debt Service:
Issuance Costs
Total Expenditures
Deficiency of Revenues Under Expenditures
Other Financing Sources:
Proceeds from Long Term Debt
Issuance
Total Other Financing Sources
Excess (Deficiency) of Revenues and Other
Financing Sources Over (Under) Expenditures
Fund Balances, October 1
Fund Balances, September 30
$
$
- 120 -
1995
60,256
7,736
67,992
30,339
322,897
9,297
362,533
(294,541)
850,000
850,000
555,459
124,736
680, 195
$
$
1994
6,357
0
6,357
1,792
16,747
0
18,539
(12,182)
0
0
(12,182)
136,918
124,736
CITY OF COLLEGE STATION, TEXAS
1984 BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Revenues:
Interest on Investments
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Bond Issuance Costs
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources:
Proceeds from Long Term
Debt Issuance
Total Other Financing Sources
Excess (Deficiency) of Revenues and
Other Financing Sources Over
(Under) Expenditures
Fund Balances (Deficit), October 1
$
Fund Balances (Deficits), September 30 $
Original
Budget
0
0
0
35,000
740,000
0
775,000
(775,000)
0
0
(775,000)
925,000
$
150,000 $
- 121 -
Revised
Budget
0
0
0
35,000
976,943
0
1,011,943
(1,011,943)
0
0
(1,011,943)
925,000
$
(86,943) $
Actual
60,256
7,736
67,992
30,339
322,897
9,297
362,533
(294,541)
850,000
850,000
555,459
Variance
Favorable
(Unfavorable)
$ 60,256
7,736
67,992
4,661
654,046
(9,297)
649,410
717,402
850,000
850,000
1,567,402
124,736 (800,264)
680, 195 $ 767, 138
CITY OF COLLEGE STATION, TEXAS
1989 BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets:
Equity in Cash and Cash Equivalents $ 217,758 $ 305,584
Equity in Investments 466,587 996,434
Receivables:
Accrued Interest 14,865 46,905
Grants 0 0
Prepaid Costs 526,755 0
Total Assets $ 1,225,965 $ 1,348,923
Liabilities and Fund Balances:
Liabilities:
Accounts Payable $ 29,820 $ 0
Total Liabilities 29,820 0
Fund Balances:
Reserved:
Reserved for Encumbrances 39,074 26,505
Reserved for Prepaids 526,755 0
Unreserved Designated for:
Parks Projects 15,984 15,984
Unreserved Undesignated 614,332 1,306,434
Total Fund Balances 1,196,145 1,348,923
Total Liabilities and Fund Balances $ 1,225,965 $ 1,348,923
-122 -
CITY OF COLLEGE STATION, TEXAS
1989 BOND FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Revenues:
Interest on Investments $ 34,099 $ 65,016
Total Revenues 34,099 65,016
Expenditures:
Current:
Reimbursed Administrative 45,000 21,390
Contributions 64,500 0
Capital Outlay 77,377 8,268
Total Expenditures 186,877 29,658
Excess (Deficiency) of Revenues
Over (Under) Expenditures (152,778) 35,358
Fund Balances, October 1 1,348,923 1,313,565
Fund Balances, September 30 $ 1, 196, 145 $ 1,348,923
- 123 -
CITY OF COLLEGE STATION, TEXAS
1989 BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Revenues:
Interest on Investments $ 80,000 $ 80,000 $ 34,099 $ (45,901)
Total Revenues 80,000 80,000 34,099 (45,901)
... Expenditures:
Current:
Reimbursed Administrative 45,000 45,000 45,000 0
Contributions 0 0 64,500 (64,500)
Capital Outlay 904,000 1,112,506 77,377 1,035, 129
Contingency 25,000 25,000 0 25,000
Total Expenditures 974,000 1, 182,506 186,877 995,629
Excess (Deficiency) of Revenues
Over (Under) Expenditures (894,000) (1,102,506) (152,778) 949,728
Fund Balances (Deficit), October 1 1,350,000 1,350,000 1,348,923 (1,077)
Fund Balances, September 30 $ 456,000 $ 247,494 $ 1,196,145 $ 948,651
-124 -
CITY OF COLLEGE STATION, TEXAS
1991 BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets;
Equity in Cash and Cash Equivalents $ 565,403 $ 438, 714
Equity in Investments 1,211,476 1,430,541
Receivables:
Accrued Interest 39,607 58,496
Prepaid Costs 1,000 1,000
Total Assets $ 1,817,486 $ 1,928,751
Liabilities and Fund Balances:
Liabilities:
Accounts Payable $ 34,793 $ 26,944
Retainage Payable 102,499 10,276
Accrued Liabilities 0 0
Customer Construction Advances 25,000 75,000
Total Liabilities 162,292 112,220
Fund Balances:
Reserved;
Reserved for Encumbrances 1,014,022 1,231,680
Reserved for Prepaids 1,000 1,000
Unreserved Designated for:
Streets Projects 144,067 308,220
Unreserved Undesignated 496, 105 275,631
Total Fund Balances 1,655, 194 1,816,531
Total Liabilities and Fund Balances $ 1,817,486 $ 1,928,751
-125 -
CITY OF COLLEGE STATION, TEXAS
1991 BOND FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1995 and 1994
Revenues:
Interest on Investments
Reimbursed Expenses
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Contributions
Capital Outlay
Debt Service:
Issuance Costs
Total Expenditures
Deficiency of Revenues Under Expenditures
Other Financing Sources:
Proceeds from Long Term Debt Issuance
Premiums on Bonds Sold
Operating Transfers Out
Operating Transfers In
Total Other Financing Sources
Deficiency of Revenues and Other
Financing Sources Under Expenditures
Fund Balances, October 1
Fund Balances, September 30
$
$
-126 -
1995
145,104
34,845
179,949
52,347
40,000
2,226,984
21,955
2,341,286
(2, 161,337)
2,000,000
0
0
0
2,000,000
(161,337)
1,816,531
1,655, 194
$
$
1994
72,406
0
72,406
58,022
0
1,004,241
0
1,062,263
(989,857)
0
0
0
714,000
714,000
(275,857)
2,092,388
1,816,531
Revenues:
CITY OF COLLEGE STATION, TEXAS
1991 BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Original
Budget
Revised
Budget Actual
Variance
Favorable
(Unfavorable)
Interest on Investments
Reimbursed Expenses
Total Revenues
$ 150,000 $ 150,000 $ 145,104 $ (4,896)
34,845
Expenditures:
Current:
Reimbursed Administrative
Contributions
Capital Outlay
Bond Issuance Costs
Contingency
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources:
Proceeds from Long Term
Debt Issuance
Operating Transfers In
Total Other Financing Sources
Excess (Deficiency) of Revenues and
Other Financing Sources Over
(Under) Expenditures
Fund Balances (Deficit), October 1
0
150,000
105,000
0
2,234,500
0
25,000
2,364,500
(2,214,500)
0
177,470
177,470
(2,037,030)
3,850,000
0
150,000
105,000
0
4,555,206
0
8,975
4,669, 181
(4,519,181)
0
177,470
177,470
(4,341,711)
3,850,000
34,845
179,949
52,347
40,000
2,226,984
21,955
0
2,341,286
(2,161,337)
2,000,000
0
2,000,000
(161,337)
1,816,531
29,949
52,653
(40,000)
2,328,222
(21,955)
8,975
2,327,895
2,357,844
2,000,000
(177,470)
1,822,530
4, 180,374
(2,033,469)
Fund Balances (Deficit), September 30 $ 1,812,970 $ (491,711) $ 1,655,194 $ 2,146,905
-127 -
CITY OF COLLEGE STATION, TEXAS
1995 BOND FUND
BALANCE SHEET
September 30, 1995
Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Prepaid Costs
Total Assets
Liabilities and Fund Balances:
Liabilities:
Accounts Payable
Accrued Liabilities
Customer Construction Advances
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances
Reserved for Prepaids
Unreserved Designated for:
Drainage Projects
General Government Projects
Parks Projects
Streets Projects
Traffic Signalization Projects
Unreserved Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
-128 -
$
$
$
$
1,346,350
2,884, 795
41,901
1,000
4,274,046
6,729
2,897
10,000
19,626
330,041
1,000
394,757
1,912,470
279,811
1,233,056
420,000
(316,715)
4,254,420
4,274,046
CITY OF COLLEGE SlATION, TEXAS
1995 BOND FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
For the Fiscal Year Ended September 30, 1995
Revenues:
Interest Earnings
Total Revenues
Expenditures:
Capital Outlay
Issuance Costs
Total Expenditures
Deficiency of Revenues Under Expenditures
Other Financing Sources:
Proceeds from Long Term Debt Issuance
Total Other Financing Sources
Excess of Revenues and Other Financing
Sources Over Expenditures
Fund Balance, October 1
Fund Balance, September 30
-129 -
$ 71,558
71,558
459,905
57,233
517,138
(445,580)
4,700,000
4,700,000
4,254,420
0
$ 4,254,420
CITY OF COLLEGE STATION, TEXAS
1995 BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Revenues:
Interest Earnings
Total Revenues
Expenditures:
Capital Outlay
Bond Issuance Costs
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources:
Proceeds from Long Term
Debt Issuance
Total Other Financing Sources
Excess (Deficiency) of Revenues and
Other Financing Sources (Uses)
Over (Under) Expenditures
Fund Balances, October 1
$
Original
Budget
0
0
0
0
0
0
0
0
0
0
$
Revised
Budget
0 $
0
71,300
0
71,300
(71,300)
0
0
(71,300)
0
Actual
71,558
71,558
459,905
57,233
517,138
(445,580)
4,700,000
4,700,000
4,254,420
0
Variance
Favorable
(Unfavorable)
$ 71,558
71,558
(388,605)
(57,233)
(445,838)
(374,280)
4,700,000
4,700,000
4,325,720
0
Fund Balances (Deficits), September 30 $ 0 $ (71,300) $ 4,254,420 $ 4,325, 720
- 130 -
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.
Solid Waste Collection -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.
-131 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1 994)
Electric Water Sewer
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 3, 163,238 $ 141,435 $ 253,622
Equity in Investments 6,777,796 303,049 543,431
Receivables:
Accrued Interest 282,078 12, 171 37,511
Accounts 5,297,802 482,524 320,551
Other 655,392 0 0
Less Allowance for Uncollectible
Accounts (784,894) (13,732) (16,693)
lnterfund Receivables 237,234 0 0
Inventories 825,212 298,529 10,270
Prepaid Costs 600 0 600
Total Current Assets 16,454,458 1,223,976 1, 149,292
Restricted Assets:
Equity in Cash and Cash Equivalents 1,979,973 750,619 2,488,227
Equity in Investments 4,242,445 1,608,333 5,331,467
Receivables:
Accrued Interest 54,471 18,954 143,461
Accounts 1, 124 0 0
Special Assessments 0 2,027 3,984
Total Restricted Assets 6,278,013 2,379,933 7,967, 139
Note Receivable from Joint Venture 0 0 0
Equity in Joint Venture 0 0 0
Advance to Other Funds 1,589,433 0 0
Deferred Charges:
Water Well 0 1, 167,075 0
Bond Issuance Costs 147,342 73,359 260,638
Accumulated Amortization (16,444) (1,044,859) (31,421)
Total Deferred Charges 130,898 195,575 229,217
Property and Equipment:
Utility Plant 29,540,431 33,515,906 26,233,204
Buildings 0 898,760 811,654
Machinery and Equipment 208,769 901,648 1,805,036
Accumulated Depreciation (10,397,802) (10,003,746) (6, 790, 723)
Construction in Progress 6, 172,240 115,683 7,931,701
Land 0 529,609 450,754
Total Property and Equipment, Net 25,523,638 25,957,860 30,441,626
Total Assets $ 49,976,440 $ 29,757,344 $ 39,787,274
-132 -
$
$
Solid Waste
Collection
257,624
552,004
42,831
213,701
0
(12,313)
0
24,621
0
1,078,468
0
0
0
0
0
0
582,490
985,056
0
0
0
0
0
0
0
2,000, 130
(1,469,590)
0
0
530,540
3, 176,554
$
$
Cedar Creek
Condominium
21,577
46,233
1, 197
18, 194
0
0
0
0
0
87,201
0
0
0
0
0
0
0
0
0
0
0
0
0
0
796,783
0
(8,853)
0
0
787,930
875,131
(Continued)
$
$
Totals
1995 1994
3,837,496 $ 2,700,790
8,222,513 8,806,621
375, 788 551,738
6,332,772 5,481,088
655,392 575,009
(827,632) (680,845)
237,234 175,173
1, 158,632 1,224,851
1,200 2,350
19,993,395 18,836, 775
5,218,819 752, 131
11, 182,245 2,452,515
216,886 101,718
1, 124 0
6,011 6,072
16,625,085 3,312,436
582,490 673,996
985,056 949,673
1,589,433 829, 184
1, 167,075 1, 167,075
481,339 265,310
( 1,092, 724) (1,062,664)
555,690 369,721
89,289,541 86,292,274
2,507, 197 1, 710,414
4,915,583 4,320,576
(28,670, 714) (26,422,818)
14,219,624 5,411,866
980,363 976,787
83,241,594 72,289,099
123,572, 743 $ 97,260,884
-133 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
September 30, 1 995
(With comparative totals for the fiscal year ended September 30, 1 994)
(Continued)
Electric Water Sewer
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 2,637,372 $ 140,734 $ 60,814
Accrued Interest Payable 0 0 0
Retainage Payable 4,793 0 0
Refundable Deposits 0 0 0
lnterfund Payable 0 0 0
Obligations Under Capital Lease 0 195,984 0
Accrued Liabilities 323,971 32,909 48,761
Customer Construction Advances 24,382 10,839 0
Other Deferred Revenues 2,629 350 0
Total Current Liabilities 2,993, 147 380,816 109,575
Current Liabilities Payable from
Restricted Assets:
Accounts Payable 499, 183 1,849 1,095, 162
Accrued Interest Payable 168,223 142,600 236,746
Retainage Payable 89,838 31,595 357,759
Accrued Liabilities 1,857 0 0
Refundable Deposits 1,737,834 0 0
Revenue Bonds 949,200 1,180,100 1,540,700
General Obligation Bonds 134,750 126,500 125,015
Certificates of Obligation 13, 100 6,550 6,550
Total Current Liabilities Payable from
Restricted Assets 3,593,985 1,489, 194 3,361,932
Noncurrent Liabilities:
Revenue Bonds 12,726,528 6,522,356 18,006,116
Unamortized Premium on Bonds 1,538 732 5,054
General Obligation Bonds 288,750 130,500 212,275
Certificates of Obligation 39,300 19,650 19,650
Obligation Under Capital Lease 0 908,313 0
Advances from Other Funds 0 0 0
Accrued Vacation 117,447 27,349 44,980
Total Noncurrent Liabilities 13, 173,563 7,608,900 18,288,075
Total Liabilities 19,760,695 9,478,910 21,759,582
Fund Equity:
Contributed Capital 3,486,373 7,094,577 6,816,031
Retained Earnings:
Reserved for Debt Service 663,460 327,650 1,116,004
Reserved for Capital Projects 3,285,840 2,026,073 5,394,228
Unappropriated 22,780,072 10,830, 134 4,701,429
Total Fund Equity 30,215,745 20,278,434 18,027,692
Total Liabilities and Fund Equity $ 49,976,440 $ 29,757,344 $ 39,787,274
- 134 -
Totals
Solid Waste Cedar Creek
Collection Condominium 1995 1994
$ 33,883 $ 0 $ 2,872,803 $ 2,775,336
0 0 0 7,583
0 0 4,793 4,793
0 21,558 21,558 0
187, 186 6,322 193,508 175,173
0 0 195,984 227,960
28,089 41,407 475, 137 407,589
0 0 35,221 26,582
0 0 2,979 3, 110
249, 158 69,287 3,801,983 3,628, 126
0 0 1,596, 194 513,359
0 0 547,569 338,260
0 0 479, 192 118,777
0 0 1,857 0
0 0 1,737,834 1,800,972
0 0 3,670,000 2,625,000
0 0 386,265 378,870
0 0 26,200 26,200
0 0 8,445, 111 5,801,438
0 0 37,255,000 19,210,000
0 0 7,324 7,737
0 0 631,525 1,017,790
0 0 78,600 104,800
0 0 908,313 1, 104,297
641,998 741,161 1,383, 159 829, 184
23,572 0 213,348 207,895
665,570 741,161 40,477,269 22,481,703
914,728 810,448 52,724,363 31,911,267
54,901 0 17,451,882 16,964,522
0 0 2,107,114 1,842,265
0 0 10,706,141 2,278,171
2,206,925 64,683 40,583,243 44,264,659
2,261,826 64,683 70,848,380 65,349,617
$ 3, 176,554 $ 875,131 $ 123,572,743 $ 97,260,884
-135 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Year Ended September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Electric Water Sewer
Operating Revenues:
Electric Sales $ 33,899,029 $ 0 $ 0
Water Sales 0 6, 133,995 0
Sewer Service 0 0 5,595,615
Garbage Collection Fees 0 0 0
Charges for Services 603,922 0 0
Rental Income 0 0 0
Other 561,624 403, 170 168,598
Total Operating Revenues 35,064,575 6,537, 165 5,764,213
Operating Expenses:
Purchased Power 23,517,001 0 0
Salaries and Benefits 2,901,980 945,043 1,074,342
Supplies 178,559 65,947 178,460
Maintenance 407,288 272,221 201,011
Purchased Professional Services 600, 127 80,453 124,815
Purchased Property Services 187,631 556,688 432,283
Other Purchased Services 564,362 164,628 291,340
Reimbursed Administrative 283,500 735,862 734,510
Depreciation 880,829 877,567 662,384
Other 161,868 13,993 8,457
Total Operating Expenses 29,683, 145 3,712,402 3,707,602
Operating Income 5,381,430 2,824,763 2,056,611
Nonoperating Revenues (Expenses):
Interest Earnings 951,542 52,879 740,108
Reimbursed Expenses 188,428 1,489 2,448
Contributions 77, 160 0 0
Earnings in Joint Venture 0 0 0
Interest Expense (793,446) (670,038) ( 1,249,092)
Other, Net (6,995) 15,097 130,995
Total Nonoperating Revenues (Expenses) 416,689 (600,573) (375,541)
Income Before Operating Transfers 5, 798, 119 2,224, 190 1,681,070
Operating Transfers:
Operating Transfers In 83,337 0 343,060
Operating Transfers Out (3, 702,402) (939,245) (550,000)
Total Operating Transfers (3,619,065) (939,245) (206,940)
Net Income 2, 179,054 1,284,945 1,474, 130
Retained Earnings, October 1 24,550,318 11,898,912 9,737,531
Retained Earnings, September 30 26,729,372 13, 183,857 11,211,661
- 136 -
Totals
Solid Waste Cedar Creek
Collection Condominium 1995 1994
$ 0 $ 0 $ 33,899,029 $ 32,658,787
0 0 6, 133,995 5,843,051
0 0 5,595,615 5,027,766
3,307,440 0 3,307,440 3,002,046
0 0 603,922 590, 127
0 166,812 166,812 0
95,311 1, 108 1,229,811 1,169,314
3,402,751 167,920 50,936,624 48,291,091
0 0 23,517,001 22,693,021
818, 100 0 5,739,465 5,597,046
75,084 1, 105 499, 155 550,455
161,704 23, 175 1,065,399 966,613
207,390 26,217 1,039,002 777,224
723,641 12,953 1,913,196 1,926,294
602,718 1, 712 1,624,760 1,032,662
428,976 0 2, 182,848 2,413,819
266,043 8,853 2,695,676 2,742,680
35,647 0 219,965 233,586
3,319,303 74,015 40,496,467 38,933,400
83,448 93,905 10,440, 157 9,357,691
91,417 0 1,835,946 1,044,064
0 0 192,365 176,699
10,000 0 87' 160 5,000
35,384 0 35,384 654,076
(64,854) (29,222) (2,806,652) (2,215,996)
3,623 0 142,720 (68,446)
75,570 (29,222) (513,077) (404,603)
159,018 64,683 9,927,080 8,953,088
0 0 426,397 0
(150,427) 0 (5,342,074) (4,407,529)
(150,427) 0 (4,915,677) (4,407,529)
8,591 64,683 5,011,403 4,545,559
2, 198,334 0 48,385,095 43,839,536
$ 2,206,925 $ 64,683 $ 53,396,498 $ 48,385,095
- 137 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the Fiscal Year Ended September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1 994)
Electric Water Sewer
Cash Flows from Operating Activities:
Cash Received from Customers $ 34,464,307 $ 6,368,041 $ 5,730,993
Cash Payments to Suppliers for Goods and Services (25,592, 113) (1,846,960) (1,969,487)
Cash Payments to Employees for Services (2,926,072) (952,340) (1,065, 145)
Customer Deposits Received 656,351 0 0
Customer Deposits Returned (719,489) 0 0
Cash Received from Contributions 0 0 0
Cash Received for Reimbursed Expenses 120,740 1,485 2,448
Cash Received from Sale of Scrap 14,341 1,348 0
Cash Received from Collection Fees 3,525 0 0
Cash Received from Leases 1,438 0 0
Cash Received from Miscellaneous Revenues 56,209 298 130,927
Cash Paid for Special Projects 0 0 0
Cash Paid for Miscellaneous Expenses (2,203) 0 0
Interest Paid to Other Funds 0 (7,035) 0
Net Cash Provided by Operating Activities 6,077,034 3,564,837 2,829,736
Cash Flows from Noncapital Financing Activities:
Advances to Other Funds (997,483) 0 0
Principal Received on Note 0 0 0
Interest Received on Note 0 0 0
Principal Received on Advance to Other Funds 175,173 0 0
Interest Received on Advance to Other Funds 64,854 0 0
Operating Transfers In from Other Funds 83,337 0 343,060
Operating Transfers Out to Other Funds (3, 702,402) (939,245) (550,000)
Principal Paid on Advance from Other Funds 0 0 0
Interest Paid on Advance from Other Funds 0 0 0
Cash Subsidies Paid to Public Agencies (165,000) 0 0
Proceeds from Revenue Refunding Bonds 1,496,250 3,420,000 2,208,750
Interest Received on Bonds 48,890 16,849 43,390
Net Cash Provided (Used) by Noncapital Financing Activities (2,996,381) 2,497,604 2,045,200
Cash Flows from Capital and Related Financing Activities:
Acquisition and Construction of Capital Assets (3,863,632) (675,292) (6,533,014)
Proceeds from Sale of Assets 6,950 11, 183 62,076
Capital Contributed by Developers 144,910 0 4,718
Principal Paid on Revenue Bonds (2,380,850) (4,523,000) (3,630,950)
Principal Paid on General Obligation Bonds (134, 750) (126,500) (117,620)
Principal Paid on Certificates of Obligation (13,100) (6,550) (6,550)
Principal Paid on Obligation Under Capital Lease 0 (227,961) 0
Interest Paid on Revenue Bonds (672,986) (551,840) (1, 138,018)
Interest Paid on General Obligation Bonds (24,544) (13,860) (20,675)
Interest Paid on Certificates of Obligation (7,860) (3,930) (3,930)
Interest Paid on Obligation Under Capital Lease 0 (65,625) 0
Interest Paid to Other Funds 0 0 0
Fees Paid to Fiscal Agent (1,850) (2, 128) (3,203)
Proceeds from Revenue Bonds 9,423,370 1,779,383 11, 121,217
Proceeds from Advance from Other Funds 0 0 0
Net Cash Provided (Used) by Capital and Related 2,475,658 (4,406, 120) (265,949)
Cash Flows from Investing Activities:
Purchase of Investments (15,555,852) (2,688,666) (8,258,045)
Proceeds from Sale and Maturities of Investments 11,926,836 1,627,375 4,957,098
Interest on Investments 949, 196 36,320 644,437
Net Cash Provided (Used) by Investing Activities (2,679,820) (1,024,971) (2,656,510)
- 138 -
Totals
Solid Waste Cedar Creek
Collection Condominiums 1995 1994
$ 3,371,873 $ 148,618 $ 50,083,832 $ 48,303, 193
(2,216,924) (43,743) (31,669,227) (30,534, 100)
(823,371) 0 (5, 766,928) (5,510, 125)
0 23,383 679,734 752,813
0 (1,825) (721,314) (786,290)
10,000 0 10,000 5,000
0 0 124,673 63,051
0 0 15,689 9,513
23 0 3,548 6,676
0 0 1,438 11,587
1,380 1, 108 189,922 119,470
0 0 0 (2, 192)
0 0 (2,203) (15,511)
0 0 (7,035) 0
342,981 127,541 12,942, 129 12,423,085
0 0 (997,483) 0
91,506 0 91,506 84,603
52, 126 0 52, 126 59,029
0 0 175,173 163,922
0 0 64,854 76, 106
0 0 426,397 0
(150,427) 0 (5,342,074) (4,407,529)
(175, 173) 0 (175, 173) (163,922)
(64,854) 0 (64,854) (76, 106)
(8,500) 0 (173,500) (181,000)
0 0 7, 125,000 0
0 0 109,129 0
(255,322) 0 1,291, 101 (4,444,897)
(11,647) (796,783) (11,880,368) (6,272,517)
111,850 0 192,059 34,726
0 0 149,628 36,041
0 0 (10,534,800) (2,335,000)
0 0 (378,870) (378,955)
0 0 (26,200) (26,200)
0 0 (227,961) (494,221)
0 0 (2,362,844) (1,816, 148)
0 0 (59,079) (73, 120)
0 0 (15,720) (18,864)
0 0 (65,625) (98,778)
0 (10,431) (10,431) (192,259)
0 0 (7, 181) (6,616)
0 0 22,323,970 0
0 747,483 747,483 0
100,203 (59,731) (2, 155,939) (11,641,911)
(768, 190) (67,216) (27,337,969) (9,477,480)
660,055 20,983 19,192,347 11,976,067
41,772 0 1,671,725 894,557
(66,363) (46,233) (6,473,897) 3,393, 144
(Continued)
- 139 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the Fiscal Year Ended September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
(Continued)
Electric Water
Net Increase (Decrease) in Cash $ 2,876,491 $ 631,350 $
Cash and Cash Equivalents, October 1 2,266,720 260,704
Cash and Cash Equivalents, September 30 $ 5, 143,211 $ 892,054 $
Reconciliation of Operating Income to Net Cash Provided
by Operating Activities:
Operating Income $ 5,381,430 $ 2,824,763 $
Adjustments to Reconcile Operating Income to Net Cash
Provided by Operating Activities:
Depreciation 880,829 877,567
Amortization 0 0
Provision for Uncollectible Accounts 161,752 6,340
Contributions 0 0
Miscellaneous Revenues 241,075 3,679
Miscellaneous Expenses (2,203) 0
Change in Assets and Liabilities:
Change in Accounts Receivable (600,268) (169, 124)
Change in Other Receivables (80,383) 0
Change in Inventory 105,901 (32,062)
Change in Prepaid Costs 1, 150 0
Change in Accounts Payable 21,394 68,555
Change in Accrued Interest Payable 0 (7,583)
Change in Accrued Liabilities 26,748 (6,907)
Change in Deferred Revenues (131) 0
Change in Refundable Deposits (63, 138) 0
Change in Accrued Vacation 2,878 (391)
Total Adjustments 695,604 740,074
Net Cash Provided by Operating Activities $ 6,077,034 $ 3,564,837 $
Noncash Financing, Capital, and Investing Activities:
Sewer
1,952,477
789,372
2,741,849
2,056,611
662,384
0
8,457
0
133,785
0
(33,230)
0
(1, 187)
0
(11,225)
0
6,505
(400)
0
8,036
773, 125
2,829,736
During the fiscal year, the Water and Sewer Funds added capital contributed by developers in the amount of $343,025
and $139,617, respectively.
- 140 -
Totals
Solid Waste Cedar Creek
Collection Condominiums 1995 1994
$ 121,499 $ 21,577 $ 5,603,394 $ (270,579)
136, 125 0 3,452,921 3,723,500
$ 257,624 $ 21,577 $ 9,056,315 $ 3,452,921
$ 83,448 $ 93,905 $ 10.440, 157 $ 9,357,691
266,043 8,853 2,695,676 2,742,680
0 0 0 14,255
5,930 0 182,479 131,020
10,000 0 10,000 0
1,403 0 379,942 334, 196
0 0 (2,203) (17,703)
(30,878) (18,194) (851,694) 12, 102
0 0 (80,383) (113,558)
(6,433) 0 66,219 265,364
0 0 1, 150 1,225
18,743 0 97,467 (348,960)
0 0 (7,583) 0
(205) 21,419 47,560 72.408
0 0 (531) (5,341)
0 21,558 (41,580) (33,477)
(5,070) 0 5,453 11, 183
259,533 33,636 2,501,972 3,065,394
$ 342,981 $ 127,541 $ 12,942, 129 $ 12,423,085
-141 -
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
COMPARATIVE BALANCE SHEETS
September 30, 1 995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 3, 163,238 $ 2,266,720
Equity in Investments 6,777,796 7,391,225
Receivables:
Accrued Interest 282,078 432,330
Accounts 5,297,802 4,697,534
Other 655,392 575,009
Less Allowance for Uncollectible Accounts (784,894) (658,834)
lnterfund Receivable 237,234 175, 173
Inventories 825,212 931,113
Prepaid Costs 600 1,750
Total Current Assets 16,454,458 15,812,020
Restricted Assets:
Equity in Cash and Cash Equivalents 1,979,973 0
Equity in Investments 4,242,445 0
Receivables:
Accrued Interest 54,471 15,707
Accounts 1, 124 0
Total Restricted Assets 6,278,013 15, 707
Advance to Other Funds 1,589,433 829, 184
Deferred Charges:
Bond Issuance Costs 147,342 62,313
Accumulated Amortization (16,444) (7,803)
Total Deferred Charges 130,898 54,510
Property and Equipment:
Utility Plant 29,540,431 27,700,885
Machinery and Equipment 208,769 171,470
Accumulated Depreciation (10,397,802) (9,539,961)
Construction in Progress 6, 172,240 3,922,076
Total Property and Equipment 25,523,638 22,254,470
Total Assets $ 49,976,440 $ 38,965,891
(Continued)
-142 -
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
(Continued)
1995 1994
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 2,637,372 $ 2,615,978
Retainage Payable 4,793 4,793
Accrued Liabilities 323,971 297,223
Customer Construction Advances 24,382 24,382
Other Deferred Revenues 2,629 2,760
Total Current Liabilities 2,993, 147 2,945, 136
Current Liabilities Payable from Restricted Assets:
Accounts Payable 499, 183 236,677
Accrued Interest Payable 168,223 80, 165
Retainage Payable 89,838 65,978
Accrued Liabilities 1,857 0
Refundable Deposits 1,737,834 1,800,972
Revenue Bonds 949,200 571,250
General Obligation Bonds 134,750 134,750
Certificates of Obligation 13, 100 13, 100
Total Current Liabilities Payable from Restricted Assets 3,593,985 2,902,892
Noncurrent Liabilities:
Revenue Bonds 12,726,528 4,489,078
Unamortized Premium on Bonds 1,538 1,625
General Obligation Bonds 288,750 423,500
Certificates of Obligation 39,300 52,400
Accrued Vacation 117,447 114,569
Total Noncurrent Liabilities 13, 173,563 5,081, 172
Total Liabilities 19,760,695 10,929,200
Fund Equity:
Contributed Capital 3,486,373 3,486,373
Retained Earnings:
Reserved for Debt Service 663,460 788,446
Reserved for Capital Projects 3,285,840 0
Unappropriated 22,780,072 23,761,872
Total Fund Equity 30,215,745 28,036,691
Total Liabilities and Fund Equity $ 49,976,440 $ 38,965,891
-143 -
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
".
1995 1994
Operating Revenues:
Electric Sales $ 33,899,029 $ 32,658,787
Charges for Services 603,922 590, 127
Other 561,624 572,466
'"
Total Operating Revenues 35,064,575 33,821,380
Operating Expenses:
Purchased Power 23,517,001 22,693,021
Salaries and Benefits 2,901,980 2,716,423
Supplies 178,559 157,457
Maintenance 407,288 414, 188
Purchased Professional Services 600, 127 571,338
Purchased Property Services 187,631 191,502
Other Purchased Services 564,362 481,911
Reimbursed Administrative 283,500 450,801
, .· Depreciation 880,829 906,734
Other 161,868 203,789
Total Operating Expenses 29,683, 145 28,787, 164
Operating Income 5,381,430 5,034,216
Nonoperating Revenues (Expenses):
Interest Earnings 951,542 747,747
Reimbursed Expenses 188,428 158,234
Contributions 77, 160 0
Interest Expense (793,446) (634,578)
Other, Net (6,995) (85,700)
Total Nonoperating Revenues (Expenses) 416,689 185,703
Income Before Operating Transfers 5,798,119 5,219,919
Operating Transfers:
Operating Transfers In 83,337 0
Operating Transfers Out (3,702,402) (3, 116,079)
Total Operating Transfers (3,619,065) (3, 116,079)
Net Income 2, 179,054 2, 103,840
Retained Earnings, October 1 24,550,318 22,446,478
Retained Earnings, September 30 $ 26,729,372 $ 24,550,318
- 144 -
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Operating Revenues:
Electric Sales $ 34,004,373 $ 34,004,373 $ 33,749,908 $ (254,465)
Forfeits, Discounts, and Penalties 315,000 315,000 339,935 24,935
Electric Property Rentals 18,000 18,000 20,304 2,304
Connect Fees 200,000 200,000 201,386 1,386
Total Operating Revenues 34,537,373 34,537,373 34,311,533 (225,840)
Nonoperating Revenues:
Interest Earnings 718,000 718,000 619,337 (98,663)
Reimbursed Expenses 97,000 97,000 188,491 91,491
Miscellaneous Nonoperating 36,500 36,500 69,636 33, 136
Total Nonoperating Revenues 851,500 851,500 877,464 25,964
Energy Project Fund:
Interest Earnings 20,000 20,000 20,071 71
Miscellaneous Nonoperating
Revenues 0 0 607 607
Total Energy Project Revenues 20,000 20,000 20,678 678
Revenue Bond I & S Fund:
Operating Transfers In 1,442,849 1,442,849 1,442,849 0
Proceeds from Long-Term Debt 0 0 1,496,250 1,496,250
Total Electric Revenue I & S Fund 1,442,849 1,442,849 2,939,099 1,496,250
Electric Revenue Bond Funds:
Interest Earnings 111, 100 111, 100 272,772 161,672
Contributions 0 0 77, 160 77, 160
Proceeds from Long-Term Debt 0 0 9,423,370 9,423,370
Total Electric Revenue Bond Funds 111, 100 111, 100 9,773,302 9,662,202
Utility Billing Fund:
Interest Earnings 25,000 25,000 18,667 (6,333)
Total Utility Billing Fund Revenues 25,000 25,000 18,667 (6,333)
Total Electric Fund Revenues $ 36,987,822 $ 36,987,822 $ 47,940,743 $ 10,952,921
See reconciliation to GAAP basis on page 168.
- 145 -
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Administration:
Salaries and Benefits $ 365,521 $ 297,568 $ 295,862 $ 1,706
Supplies 43,000 49,444 49,087 357
Maintenance 36,220 48,220 47, 157 1,063
Purchased Professional Services 76,000 185,613 183,750 1,863
Purchased Property Services 53, 100 67, 100 65,832 1,268
Other Purchased Services 59,835 53,835 37,556 16,279
Capital Outlay 36,500 55,500 41,379 14, 121
Total Administration 670, 176 757,280 720,623 36,657
Technical Services:
Salaries and Benefits 951,152 952,928 914,620 38,308
Supplies 81,019 123,019 132,637 (9,618)
Maintenance 136,903 149,548 118,283 31,265
Purchased Professional Services 29,800 29,800 6,917 22,883
Purchased Property Services 24,222, 714 24,140,714 23,599,659 541,055
Other Purchased Services 215,216 211,866 194,922 16,944
Capital Outlay 45,500 67,965 35,995 31,970
Total Technical Services 25,682,304 25,675,840 25,003,033 672,807
Electric Transmission/Distribution:
Salaries and Benefits 1,016,337 1,020,425 927,270 93, 155
Supplies 55, 100 60,793 51,003 9,790
Maintenance 285,830 514,805 230,939 283,866
Purchased Professional Services 475,000 475,000 409,615 65,385
Purchased Property Services 8,880 11,380 13,923 (2,543)
Other Purchased Services 196,400 192,800 165, 737 27,063
Capital Outlay 28,000 68,375 36,858 31,517
Total Electric Transmission/Distribution 2,065,547 2,343,578 1,835,345 508,233
Energy Management Services:
Salaries and Benefits 69,572 70,323 61,647 8,676
Supplies 6,700 6,700 4,024 2,676
Maintenance 810 810 1,056 (246)
Purchased Professional Services 30 40,030 33 39,997
Purchased Property Services 290 290 270 20
Other Purchased Services 15, 775 31,275 29,677 1,598
Energy Rebates 0 107,500 24, 152 83,348
Total Energy Management Services 93, 177 256,928 120,859 136,069
(Continued)
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Nondepartmental:
Depreciation 990,000 990,000 851,945 138,055
Reimbursed Administrative 439,838 439,838 563,280 (123,442)
Other Operating Expenses 0 0 5,203 (5,203)
Principal Payments 143,483 143,483 147,850 (4,367)
Interest Expense 29,784 29,784 32,404 (2,620)
Special Programs and Projects 31,000 31,000 0 31,000
Public Agency Funding 181,667 181,667 165,000 16,667
Return on Investment 3,600,000 3,600,000 3,600,000 0
Other Operating Transfers Out 1,442,849 1,442,849 1,443,099 (250)
Contingency 175,400 90,427 0 90,427
Total Nondepartmental 7,034,021 6,949,048 6,808,781 140,267
Revenue Bond I & S Fund:
Principal Payments 896,739 896, 739 2,380,850 (1,484,111)
Interest Expense 737,463 737,463 672,986 64,477
Fiscal Agent's Fees 4,200 4,200 1,850 2,350
Total Revenue Bond I & S Fund 1,638,402 1,638,402 3,055,686 (1,417,284)
Electric Revenue Bond Fund:
Reimbursed Administrative 153,982 153,982 153,982 0
Capital Outlay 4,481,000 7,427,911 3,503,387 3,924,524
Contingency 100,000 100,000 0 100,000
Total Electric Revenue Bond Fund 4,734,982 7,681,893 3,657,369 4,024,524
Energy Project Fund:
Reimbursed Administrative 0 163,000 39,558 123,442
Special Programs and Projects 0 0 2,203 (2,203)
Total Energy Project Fund 0 163,000 41, 761 121,239
Utility Billing Fund:
Billing and Collections:
Salaries and Benefits 663,669 662,770 649,293 13,477
Supplies 26, 100 26,400 26,339 61
Maintenance 7,730 7,730 7,042 688
Purchased Professional Services 0 600 176 424
Purchased Property Services 22,850 22,850 21,805 1,045
Other Purchased Services 124,475 124,475 119,664 4,811
Capital Outlay 0 17,908 17,908 0
Total Billing and Collections 844,824 862,733 842,227 20,506
(Continued)
- 147 -
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
(Continued)
Original Revised
Budget Budget Actual
Meter Services:
Salaries and Benefits 239,835 238,635 231,252
Supplies 13,540 14, 140 14,064
Maintenance 2,800 2,800 2,810
Purchased Professional Services 0 0 66
Purchased Property Services 3,030 3,030 3, 143
Other Purchased Services 17,820 17,820 17, 192
Capital Outlay 0 600 303
Total Meter Services 277,025 277,025 268,830
Utility Billing Nondepartmental:
Depreciation 110,000 110,000 28,884
Reimbursed Administrative (1,077,242) (1,077,242) ( 1,077 ,242)
Capital Outlay 200,000 376,870 239,556
Contingency 40,000 40,000 0
Total Utility Billing Nondepartmental (727,242) (550,372) (808,802)
Total Utility Billing Fund 394,607 589,386 302,255
Total Electric Fund Expenses $ 42,313,216 $ 46,055,355 $ 41,545,712
See reconciliation to GAAP basis on page 168.
Variance
Favorable
(Unfavorable}
7,383
76
(10)
(66)
(113)
628
297
8, 195
81,116
0
137,314
40,000
258,430
287,131
$ 4,509,643
CITY OF COLLEGE STATION, TEXAS
WATER FUND
COMPARATIVE BALANCE SHEETS
September 30, 1 995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 141,435 $ 0
Equity in Investments 303,049 0
Receivables:
Accrued Interest 12, 171 0
Accounts 482,524 313,400
Less Allowance for Uncollectible Accounts (13,732) (7,392)
Inventories 298,529 266,467
Total Current Assets 1,223,976 572,475
Restricted Assets:
Equity in Cash and Cash Equivalents 750,619 260,704
Equity in Investments 1,608,333 850,091
Receivables:
Accrued Interest 18,954 31,415
Special Assessments 2,027 2,088
Total Restricted Assets 2,379,933 1, 144,298
Deferred Charges:
Water Well 1,167,075 1, 167,075
Bond Issuance Costs 73,359 33,542
Accumulated Amortization (1,044,859) (1,038,369)
Total Deferred Charges 195,575 162,248
Property and Equipment:
Utility Plant 33,515,906 32,619,794
Buildings 898,760 898,760
Machinery and Equipment 901,648 535,483
Accumulated Depreciation (10,003,746) (9, 162,963)
Construction in Progress 115,683 414,785
Land 529,609 529,609
Total Property and Equipment 25,957,860 25,835,468
Total Assets $ 29, 757,344 $ 27,714,489
(Continued)
- 149 -
CITY OF COLLEGE STATION, TEXAS
WATER FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
(Continued)
1995 1994
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 140,734 $ 72, 179
Accrued Interest Payable 0 7,583
Obligations Under Capital Lease 195,984 227,960
Accrued Liabilities 32,909 39,816
Customer Construction Advances 10,839 1,800
Other Deferred Revenues 350 350
Total Current Liabilities 380,816 349,688
Current Liabilities Payable from Restricted Assets:
Accounts Payable 1,849 23,945
Accrued Interest Payable 142,600 107,818
Retainage Payable 31,595 27,857
� Revenue Bonds 1,180,100 1, 122,400
General Obligation Bonds 126,500 126,500
Certificates of Obligation 6,550 6,550
Total Current Liabilities Payable from Restricted Assets 1,489, 194 1,415,070
Noncurrent Liabilities:
Revenue Bonds 6,522,356 5,883,256
Unamortized Premium on Bonds 732 774
General Obligation Bonds 130,500 257,000
Certificates of Obligation 19,650 26,200
Obligation Under Capital Lease 908,313 1, 104,297
Accrued Vacation 27,349 27,740
Total Noncurrent Liabilities 7,608,900 7,299,267
Total Liabilities 9,478,910 9,064,025
Fund Equity:
Contributed Capital 7,094,577 6, 751,552
Retained Earnings:
Reserved for Debt Service 327,650 171,303
Reserved for Capital Projects 2,026,073 817,088
Unappropriated 10,830, 134 10,910,521
Total Fund Equity 20,278,434 18,650,464
Total Liabilities and Fund Equity $ 29,757,344 $ 27,714,489
CITY OF COLLEGE STATION, TEXAS
WATER FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Operating Revenues:
Water Sales $ 6, 133,995 $ 5,843,051
Other 403, 170 359,473
Total Operating Revenues 6,537, 165 6,202,524
Operating Expenses:
Salaries and Benefits 945,043 1,029,400
Supplies 65,947 107,284
Maintenance 272,221 230,473
Purchased Professional Services 80,453 29,609
Purchased Property Services 556,688 533,857
Other Purchased Services 164,628 140,951
Reimbursed Administrative 735,862 853, 137
Depreciation 877,567 875,564
Other 13,993 17, 185
Total Operating Expenses 3,712,402 3,817,460
Operating Income 2,824,763 2,385,064
Nonoperating Revenues (Expenses):
Interest Earnings 52,879 32,983
Reimbursed Expenses 1,489 2,216
Interest Expense (670,038) (754, 139)
Other, Net 15,097 255
Total Nonoperating Revenues (Expenses) (600,573) (718,685)
Income Before Operating Transfers 2,224, 190 1,666,379
Operating Transfers Out (939,245) (600,000)
Net Income 1,284,945 1,066,379
Retained Earnings, October 1 11,898,912 10,832,533
Retained Earnings, September 30 $ 13, 183,857 $ 11,898,912
-151 -
CITY OF COLLEGE STATION, TEXAS
WATER FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Operating Revenues:
Water Sales $ 5,881,000 $ 5,881,000 $ 6, 107,832 $ 226,832
Forfeits, Discounts, and Penalties 59,000 59,000 61,477 2,477
Water Taps 150,000 150,000 309, 150 159,150
·;.: Connect Fees 65,000 65,000 32,243 (32,757)
Miscellaneous. Operating Revenues 0 0 300 300
Total Operating Revenues 6, 155,000 6, 155,000 6,511,002 356,002
Nonoperating Revenues:
Interest Earnings 0 0 7,840 7,840
Reimbursed Expenses 2, 100 2, 100 1,489 (611)
Miscellaneous Nonoperating Revenues 3,750 3,750 13,067 9,317
Total Nonoperating Revenues 5,850 5,850 22,396 16,546
Revenue Bond I & S Fund:
Operating Transfers In 1,832,716 1,832,716 1,832, 716 0
Proceeds from Long-Term Debt 0 0 3,420,000 3,420,000
Total Water Revenue I & S Fund 1,832, 716 1,832, 716 5,252,716 3,420,000
Water Revenue Bond Funds:
Interest Earnings 52,600 52,600 45,039 (7,561)
Proceeds from Long-Term Debt 0 0 1,779,383 1,779,383
Total Water Revenue Bond Funds 52,600 52,600 1,824,422 1, 771,822
Total Water Fund Revenues $ 8,046, 166 $ 8,046, 166 $ 13,610,536 $ 5,564,370
See reconciliation to GAAP basis on page 168.
Water Production:
CITY OF COLLEGE STATION, TEXAS
WATER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Original
Budget
Revised
Budget Actual
Variance
Favorable
(Unfavorable)
Salaries and Benefits
Supplies
Maintenance
$ 390,405 $ 321,316 $ 294,752 $ 26,564
12,969
10,509
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Water Production
Water Distribution:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Water Distribution
Engineering:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Total Engineering
Nondepartmental:
Depreciation
Reimbursed Administrative
Other Operating Expenses
Principal Payments
Interest Expense
Special Programs and Projects
Return on Investment
Other Operating Transfers Out
Contingency
Total Nondepartmental
49,050
98, 120
5,925
630,810
49,697
13,973
1,237,980
564,430
33,000
125,730
15,350
274,800
127,153
65,000
1,205,463
210,658
3,225
3,550
0
1,800
12,770
232,003
800,000
713,635
0
135,233
19, 101
12,400
615,000
1,832,716
60,000
4, 188,085
(Continued)
-153 -
49,050
159,308
5,925
535,967
49,697
13,973
1, 135,236
534,429
33,577
125,730
15,350
23,980
127,153
165,000
1,025,219
212, 182
3,225
6,655
0
1,800
12,770
236,632
800,000
713,635
0
363,200
84,727
12,400
615,000
1,832,716
57,565
4,479,243
36,081
148,799
441
524,494
40,725
16, 735
1,062,027
491,637
25,803
117,445
7,618
29,653
120,255
98,615
891,026
205,430
4,062
5,977
22
2,541
3,776
221,808
866,750
713,635
8,368
361,011
83,415
0
615,000
1,832,716
0
4,480,895
5,484
11,473
8,972
(2,762)
73,209
42,792
7,774
8,285
7,732
(5,673)
6,898
66,385
134, 193
6,752
(837)
678
(22)
(741)
8,994
14,824
(66,750)
0
(8,368)
2, 189
1,312
12,400
0
0
57,565
(1,652)
...
CITY OF COLLEGE STATION, TEXAS
WATER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Revenue Bond I & S Fund:
Principal Payments
Interest Expense
Fiscal Agent's Fees
Total Revenue Bond I & S Fund
Water Revenue Bond Fund:
Purchased Professional Services
Reimbursed Administrative
Capital Outlay
Contingency
Total Water Revenue Bond Fund
Total Water Fund Expenses
(Continued)
Original
Budget
1,121,159
550,209
0
1,671,368
0
24,456
280,000
35,000
339,456
$ 8,874,355
Revised
Budget
1,121,159
550,209
0
1,671,368
94,467
24,456
1,487,520
27,200
1,633,643
$ 10, 181,341
See reconciliation to GAAP basis on page 168 .
Actual
4,523,200
551,840
2, 128
5,077, 168
Variance
Favorable
(Unfavorable)
(3,402,041)
(1,631)
(2, 128)
(3,405,800)
72,371 22,096
24,456 0
432,964 1,054,556
0 27,200
---..,.---529,791 1,103,852
$ 12,262,715 $ (2,081,374)
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1 994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 253,622 $ 297,945
Equity in Investments 543,431 971,527
Receivables:
Accrued Interest 37,511 74,095
Accounts 320,551 287,331
Less Allowance for Uncollectible Accounts (16,693) (8,236)
Inventories 10,270 9,083
Prepaid Costs 600 600
Total Current Assets 1, 149,292 1,632,345
Restricted Assets:
Equity in Cash and Cash Equivalents 2,488,227 491,427
Equity in Investments 5,331,467 1,602,424
Receivables:
Accrued Interest 143,461 54,596
Special Assessments 3,984 3,984
Total Restricted Assets 7,967, 139 2, 152,431
Deferred Charges:
Bond Issuance Costs 260,638 169,455
Accumulated Amortization (31,421) (16,492)
Total Deferred Charges 229,217 152,963
Property and Equipment:
Utility Plant 26,233,204 25,971,595
Buildings 811,654 811,654
Machinery and Equipment 1,805,036 1,200,864
Accumulated Depreciation (6,790,723) (6, 193, 199)
Construction in Progress 7,931,701 1,075,005
Land 450,754 447, 178
Total Property and Equipment 30,441,626 23,313,097
Total Assets $ 39,787,274 $ 27,250,836
(Continued)
-155 -
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
(Continued)
1995 1994
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 60,814 $ 72,039
Accrued Liabilities 48,761 42,256
Customer Construction Advances 0 400
Total Current Liabilities 109,575 114,695
Current Liabilities Payable from Restricted Assets:
Accounts Payable 1,095, 162 252,737
Accrued Interest Payable 236,746 150,277
Retainage Payable 357,759 24,942
Revenue Bonds 1,540, 700 931,350
General Obligation Bonds 125,015 117,620
Certificates of Obligation 6,550 6,550
Total Current Liabilities Payable from Restricted Assets 3,361,932 1,483,476
Noncurrent Liabilities:
Revenue Bonds 18,006,116 8,837,666
Unamortized Premium on Bonds 5,054 5,338
General Obligation Bonds 212,275 337,290
Certificates of Obligation 19,650 26,200
Accrued Vacation 44,980 36,944
Total Noncurrent Liabilities 18,288,075 9,243,438
Total Liabilities 21,759,582 10,841,609
Fund Equity:
Contributed Capital 6,816,031 6,671,696
Retained Earnings:
Reserved for Debt Service 1, 116,004 882,516
Reserved for Capital Projects 5,394,228 1,461,083
Unappropriated 4,701,429 7,393,932
Total Fund Equity 18,027,692 16,409,227
Total Liabilities and Fund Equity $ 39,787,274 $ 27,250,836
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Operating Revenues:
Sewer Service $ 5,595,615 $ 5,027,766
Other 168,598 188,639
Total Operating Revenues 5,764,213 5,216,405
Operating Expenses:
Salaries and Benefits 1,074,342 1,031,551
Supplies 178,460 160,550
Maintenance 201,011 203,038
Purchased Professional Services 124,815 77,908
Purchased Property Services 432,283 521,595
Other Purchased Services 291,340 177,704
Reimbursed Administrative 734,510 703,982
Depreciation 662,384 666,930
Other 8,457 0
Total Operating Expenses 3,707,602 3,543,258
Operating Income 2,056,611 1,673,147
Nonoperating Revenues (Expenses):
Interest Earnings 740, 108 177,507
Reimbursed Expenses 2,448 15,000
Interest Expense (1,249,092) (751,173)
Other, Net 130,995 11,229
Total Nonoperating Revenues (Expenses) (375,541) (547,437)
Income Before Operating Transfers 1,681,070 1,125,710
Operating Transfers:
Operating Transfers In 343,060 0
Operating Transfers Out (550,000) (550,000)
Total Operating Transfers (206,940) (550,000)
Net Income 1,474,130 575,710
Retained Earnings, October 1 9,737,531 9,161,821
Retained Earnings, September 30 $ 11,211,661 $ 9,737,531
-157 -
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Operating Revenues:
Sewer Service $ 5,553,000 $ 5,553,000 $ 5,578,314 $ 25,314
Forfeits, Discounts, and Penalties 50,000 50,000 57,059 7,059
Sewer Taps · 90,000 90,000 111,350 21,350
Connect Fees 0 0 0 0
Miscellaneous Operating Revenues 0 0 189 189
Total Operating Revenues 5,693,000 5,693,000 5,746,912 53,912
Nonoperating Revenues:
Interest Earnings 140,000 140,000 90,082 (49,918)
Reimbursed Expenses 0 0 2,448 2,448
Miscellaneous Nonoperating 11,400 11,400 15, 705 4,305
Total Nonoperating Revenues 151,400 151,400 108,235 (43, 165)
Revenue Bond I & S Fund:
Operating Transfers In 2,809,308 2,809,308 2,809,309 1
Proceeds from Long-Term Debt 0 0 2,208,750 2,208,750
Total Sewer Revenue I & S Fund 2,809,308 2,809,308 5,018,059 2,208,751
Sewer Revenue Bond Funds:
Interest Earnings 534,500 534,500 650,027 115,527
Special Assessments 0 0 4,718 4,718
Contributions 0 0 0 0
Other 0 0 0 0
Proceeds from Long-Term Debt 0 0 11,121,217 11,121,217
Total Sewer Revenue Bond Funds 534,500 534,500 11,775,962 11,241,462
Total Sewer Fund Revenues $ 9, 188,208 $ 9, 188,208 $ 22,649, 168 $ 13,460,960
See reconciliation to GAAP basis on page 168.
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Sewer Treatment:
Salaries and Benefits $ 633, 125 $ 633,658 $ 650,301 $ (16,643)
Supplies 110,400 134,266 137,506 (3,240)
Maintenance 107,340 102,340 95, 183 7, 157
Purchased Professional Services 78,875 59, 109 53, 115 5,994
Purchased Property Services 485,510 485,510 409,802 75,708
Other Purchased Services 99,905 99,905 87,622 12,283
Capital Outlay 0 5,000 4,995 5
Total Sewer Treatment 1,515,155 1,519,788 1,438,524 81,264
Sewer Collection:
Salaries and Benefits 625,546 617,347 544,950 72,397
Supplies 43,300 44,350 40,954 3,396
Maintenance 105,390 102,840 105,828 (2,988)
Purchased Professional Services 13,875 13,875 3, 137 10,738
Purchased Property Services 12,460 12,460 22,481 (10,021)
Other Purchased Services 211,730 211,730 203,719 8,011
Capital Outlay 3,300 11,300 7,535 3,765
Total Sewer Collection 1,015,601 1,013,902 928,604 85,298
Nondepartmental:
Depreciation 620,000 620,000 658,520 (38,520)
Reimbursed Administrative 564,002 564,002 564,002 0
Other Operating Expenses 0 0 0 0
Principal Payments 126,353 126,353 124, 170 2, 183
Interest Expense 25,800 25,800 24,605 1, 195
Special Programs and Projects 14,600 14,600 0 14,600
Return on Investment 550,000 550,000 550,000 0
Other Operating Transfers Out 2,809,309 2,809,309 2,809,309 0
Contingency 60,000 59,469 0 59,469
Total Nondepartmental 4,770,064 4,769,533 4,730,606 38,927
Revenue Bond I & S Fund:
Principal Payments 1,432, 102 1,432, 102 3,630,950 (2, 198,848)
Interest Expense 1,253,478 1,253,478 1,138,018 115,460
Fiscal Agent's Fees 700 700 3,203 (2,503)
Operating Transfer Out 0 0 0 0
Total Revenue Bond I & S Fund 2,686,280 2,686,280 4, 772, 171 (2,085,891)
Sewer Revenue Bond Fund:
Purchased Professional Services 0 79,774 68,563 11,211
Reimbursed Administrative 180,300 180,300 180,300 0
Capital Outlay 7,715,000 8,939,318 7,576,552 1,362,766
Contingency 150,000 150,000 0 150,000
Total Sewer Revenue Bond Fund 8,045,300 9,349,392 7,825,415 1,523,977
Total Sewer Fund Expenses $ 18,032,400 $ 19,338,895 $ 19,695,320 $ (356,425)
See reconciliation to GAAP basis on page 168.
- 159 -
CITY OF COLLEGE STATION, TEXAS
SOLID WASTE COLLECTION FUND
COMPARATIVE BALANCE SHEETS
September 30, 1 995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 257,624 $ 136,125
Equity in Investments 552,004 443,869
Receivables:
Accrued Interest 42,831 45,313
Accounts 213,701 182,823
Less Allowance tor Uncollectible Accounts (12,313) (6,383)
Inventories 24,621 18, 188
Total Current Assets 1,078,468 8.19,935
Note Receivable from Joint Venture 582,490 673,996
Equity in Joint Venture 985,056 949,673
Property and Equipment:
Machinery and Equipment 2,000, 130 2,412, 759
Accumulated Depreciation (1,469,590) (1,526,695)
Total Property and Equipment, Net 530,540 886,064
Total Assets $ 3, 176,554 $ 3,329,668
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 33,883 $ 15, 140
lnterfund Payable 187,186 175,173
Accrued Liabilities 28,089 28,294
Total Current Liabilities 249, 158 218,607
Noncurrent Liabilities:
Advances from Other Funds 641,998 829, 184
Accrued Vacation 23,572 28,642
Total Noncurrent Liabilities 665,570 857,826
Total Liabilities 914,728 1,076,433
Fund Equity:
Contributed Capital 54,901 54,901
Retained Earnings:
Unappropriated 2,206,925 2, 198,334
Total Fund Equity 2,261,826 2,253,235
Total Liabilities and Fund Equity $ 3, 176,554 $ 3,329,668
c160-
CITY OF COLLEGE STATION, TEXAS
SOLID WASTE COLLECTION FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Operating Revenues:
Garbage Collection Fees $ 3,307,440 $ 3,002,046
Other 95,311 48,736
Total Operating Revenues 3,402,751 3,050,782
Operating Expenses:
Salaries and Benefits 818, 100 819,672
Supplies 75,084 125,164
Maintenance 161,704 118,914
Purchased Professional Services 207,390 98,369
Purchased Property Services 723,641 679,340
Other Purchased Services 602,718 232,096
Reimbursed Administrative 428,976 405,899
Depreciation 266,043 293,452
Other 35,647 12,612
Total Operating Expenses 3,319,303 2,785,518
Operating Income 83,448 265,264
Nonoperating Revenues (Expenses):
Interest Earnings 91,417 85,827
Reimbursed Expenses 0 1,249
Contributions 10,000 5,000
Earnings in Joint Venture 35,384 654,076
Interest Expense (64,854) (76, 106)
Other, Net 3,623 5,770
Total Nonoperating Revenues (Expenses) 75,570 675,816
Income Before Operating Transfers 159,018 941,080
Operating Transfers Out (150,427) (141,450)
Net Income 8,591 799,630
Retained Earnings, October 1 2, 198,334 1,398,704
Retained Earnings, September 30 $ 2,206,925 $ 2, 198,334
-161 -
CITY OF COLLEGE STATION, TEXAS
SOLID WASTE COLLECTION FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Operating Revenues:
Residential Collection $ 2,039,700 $ 2,039,700 $ 1,994,575 $ (45, 125)
Commercial Collection 1,292,800 1,292,800 1,297,238 4,438
Other Charges for Services 400 400 400 0
Dumpster Sales 0 0 50 50
Forfeits, Discounts, and Penalties 25,000 25,000 33,050 8,050
Recycling 15,000 15,000 62,211 47,211
Other 2,500 2,500 0 (2,500)
Total Operating Revenues 3,375,400 3,375,400 3,387,524 12, 124
Nonoperating Revenues:
Interest Earnings 90,000 90,000 91,417 1,417
Reimbursed Expenses 250 250 0 (250)
Contributions 0 0 10,000 10,000
Miscellaneous Nonoperating
Revenues 22,500 22,500 43,253 20,753
.. � .
Total Nonoperating Revenues 112,750 112,750 144,670 31,920
Total Solid Waste Collection
Fund Revenues $ 3,488, 150 $ 3,488, 150 $ 3,532, 194 $ 44,044
See reconciliation to GAAP basis on page 168.
- 162�
CITY OF COLLEGE STATION, TEXAS
SOLID WASTE COLLECTION FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Residential Collection:
Salaries and Benefits $ 575,651 $ 577,240 $ 557,680 $ 19,560
Supplies 63, 160 63, 160 48,063 15,097
Maintenance 58, 160 88, 160 87,611 549
Purchased Professional Services 180,640 210,382 207,390 2,992
Purchased Property Services 264,670 263,970 255,069 8,901
Other Purchased Services 274, 180 273,581 265,015 8,566
Capital Outlay 3,000 9,976 9,605 371
Total Residential Collection 1,419,461 1,486,469 1,430,433 56,036
Commercial Collection:
Salaries and Benefits 272,478 275,365 260,420 14,945
Supplies 33,380 33,380 27,022 6,358
Maintenance 89,750 100,915 74,094 26,821
Purchased Professional Services 6,000 6,000 0 6,000
Purchased Property Services 619,280 587,280 468,572 118,708
Other Purchased Services 342,210 342,210 337,703 4,507
Capital Outlay 0 2,000 2,042 (42)
Total Commercial Collection 1,363,098 1,347, 150 1, 169,853 177,297
Nondepartmental:
Depreciation 300,000 300,000 266,043 33,957
Reimbursed Administrative 428,976 428,976 428,976 0
Principal Payments 175,173 175,173 175,173 0
Interest Expense 64,855 64,855 64,854 1
Special Programs and Projects 8,200 8,200 0 8,200
Public Agency Funding 8,500 8,500 8,500 0
Loss on Sale of Equipment 0 0 31, 129 (31, 129)
Return on Investment 163,630 163,630 150,000 13,630
Other Operating Transfers Out 0 0 427 (427)
Contingency 50,000 35,023 0 35,023
Expected Expenditure Savings (88,400) (88,400) 0 (88,400)
Total Nondepartmental 1, 110,934 1,095,957 1,125,102 (29, 145)
Total Solid Waste Collection Expenses $ 3,893,493 $ 3,929,576 $ 3,725,388 $ 204, 188
See reconciliation to GAAP basis on page 168.
-163 -
..
..
CITY OF COLLEGE STATION, TEXAS
CEDAR CREEK CONDOMINIUM FUND
BALANCE SHEET
September 30, 1995
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Accounts
Total Current Assets
Property and Equipment:
Buildings
Accumulated Depreciation
Total Property and Equipment, Net
Total Assets
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Refundable Deposits
lnterfund Payable
Accrued Liabilities
Total Current Liabilities
Noncurrent Liabilities:
Advance from Other Funds
Total Noncurrent Liabilities
Fund Equity:
Unappropriated Retained Earnings
Total Fund Equity
Total Liabilities and Fund Equity
-164 -
$ 21,577
46,233
1, 197
18, 194
87,201
796,783
(8,853)
787,930
$ 875, 131
$ 0
21,558
6,322
41,407
69,287
741,161
741,161
64,683
64,683
$ 875, 131
CITY OF COLLEGE STATION, TEXAS
CEDAR CREEK CONDOMINIUM FUND
STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Year Ended September 30, 1995
Operating Revenues:
Rental Income $
Other
Total Operating Revenues
Operating Expenses:
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Depreciation
Total Operating Expenses
Operating Income
Nonoperating Expenses:
Interest Expense
Total Nonoperating Expenses
Net Income
Retained Earnings, October 1
Retained Earnings, September 30 $
-165 -
166,812
1, 108
167,920
1, 105
23, 175
26,217
12,953
1, 712
8,853
74,015
93,905
(29,222)
(29,222)
64,683
0
64,683
Operating Revenues:
CITY OF COLLEGE STATION, TEXAS
CEDAR CREEK CONDOMINIUM FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Original
Budget
Revised
Budget Actual
Rental Income $ 98,420 $ 98,420
0
0
$ 166,812
Forfeits, Discounts, and Penalties
Miscellaneous Operating Revenues
Total Operating Revenues
Nonoperating Revenues:
Interest Earnings
Total Nonoperating Revenues
0
0
98,420
9,233
9,233
98,420
9,233
9,233
755
353
167,920
0
0
Variance
Favorable
(Unfavorable)
$ 68,392
755
'
353
69,500
(9,233)
(9,233)
Total Cedar Creek Condominium
Fund Revenues $ 107,653 $ 107,653 $ 167,920 $ 60,267
See reconciliation to GAAP basis on page 168.
-166 �
CITY OF COLLEGE STATION, TEXAS
CEDAR CREEK CONDOMINIUM FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Operating Expenses:
Supplies $ 990 $ 990 $ 1, 103 $ (113)
Maintenance 18,480 18,480 23, 175 (4,695)
Purchased Professional Services 26,070 26,070 26,217 (147)
Purchased Property Services 18,480 18,480 12,953 5,527
Other Purchased Services 1,980 1,980 1, 712 268
Capital Outlay 840,000 840,000 796,783 43,217
Total Operating Expenses 906,000 906,000 861,943 44,057
Nonoperating Expenses:
Interest Expense 9,233 9,233 9,233 0
Total Nonoperating Expenses 9,233 9,233 9,233 0
Total Cedar Creek Condominium
Fund Expenses $ 915,233 $ 915,233 $ 871,176 $ 44,057
See reconciliation to GAAP basis on page 168.
-167 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
SCHEDULE FOR RECONCILIATION OF REVENUES AND EXPENSES (BUDGET ARY BASIS)
TO GAAP BASIS STATEMENT OF INCOME
For the Fiscal Year Ended September 30, 1995
Total Revenues Per Budget -Actual
Less Total Expenses Per Budget -Actual
Net Income (Loss), Budgetary Basis
Add (Subtract) -Expenses (Revenues)
Related to Balance Sheet:
Debt Service Principal Payment
Capital Outlay
Capital Lease Principal Payments
Reclass Salaries and Benefits to
Construction in Progress
Reclass Proceeds from Long Term Debt
Add (Subtract) -Unbudgeted Revenue
(Expenses) Adjustments:
Current Year Revenue Accrual
Prior Year Interest Expense Accrual
Accrued Interest Expense Correction
Amortization of Bond Issuance Costs
Prior Year Revenue Accrual
Current Year Interest Expense Accrual
Bad Debt Expense
Inventory Adjustment
Amortization of Bond Premiums
Loss on Asset Retirements
Earnings in Joint Venture
Depreciation Expense Correction
Unbudgeted Operating Transfers
Other, Net
Net Income, GAAP Basis
Electric
$ 47,940,743
41,545,712
6,395,031
2,528,700
3,973,906
0
178,858
(10,919,620)
1,200,658
75,315
4,850
(8,641)
(1,051,537)
(168,222)
(161,752)
17,869
87
0
0
0
88,682
24,870
$ 2, 179,054
$
$
Water
13,610,536
12,262,715
1,347,821
4,656,250
548,314
227,961
46,903
(5, 199,383)
242,641
105,509
2,309
(6, 104)
(216,478)
(142,600)
(6,340)
10,221
41
0
0
(10,817)
(324,245)
2,942
1,284,945
Sewer
$ 22,649, 168
19,695,320
2,953,848
3,755,120
7,589,082
0
120,911
(13,329,967)
216,938
134,342
(23,689)
(14,929)
(199,636)
(197, 122)
(8,457)
214
285
0
0
(3,864)
472,831
8,223
$ 1,474, 130
$
$
Solid Waste
Collection
3,532, 194
3,725,388
(193, 194)
175, 173
11,647
0
0
0
118,992
0
0
0
(103, 765)
0
(8,505)
(27,141)
0
0
35,384
0
0
0
8,591
Cedar Creek
Condominium
$
$
167,920
871,176
(703,256)
0
796,783
0
0
0
0
0
0
0
0
(19,988)
0
0
0
0
0
(8,853)
0
(3)
64,683
-169 -
·;
I ·I
· .. ,,
:·1 .
..... , ..
. :1
.. i '
•
. ,
+-------------::-1_ /fJ-
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.
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 communications equipment not budgeted in other funds.
Landfill -to account for activities related to operating the landfill owned by the Brazos
Valley Solid Waste Management Agency.
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.
Workers' Compensation -to account for self-insurance activity relating to administration
of the City's workers' compensation plan.
-171 -
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
COMBINING BALANCE SHEET
September 30, 1 995
(With comparative totals for the fiscal year ended September 30, 1 994)
Employee Equipment Property and
Benefits Replacement Casualty
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 217,716 $ 843,789 $ 44,768
Equity in Investments 309,027 1,807,967 95,924
Receivables:
Accrued Interest 9,378 42,500 3,093
Accounts 11 ,091 0 1.434
Less Allowance for Uncollectible Accounts (250) 0 0
Prepaid Costs 0 0 0
Total Current Assets 546,962 2,694,256 145,219
Property and Equipment:
Machinery and Equipment 0 4,055,000 0
Less Accumulated Depreciation 0 (1,063,950) 0
Construction in Progress 0 14,096 0
Total Property and Equipment 0 3,005, 146 0
Total Assets $ 546,962 $ 5,699,402 $ 145,219
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 39,464 $ 846 $ 4,233
Due to Other Funds 0 0 0
Claims Payable 151,717 0 3,056
Accrued Liabilities 66 0 0
Total Current Liabilities 191,247 846 7,289
Noncurrent Liabilities:
Accrued Vacation 0 0 0
Total Noncurrent Liabilities 0 0 0
Total Liabilities 191,247 846 7,289
Fund Equity:
Contributed Capital 0 1,230,000 0
Unreserved Retained Earnings 355,715 4,468,556 137,930
Total Fund Equity 355, 715 5,698,556 137,930
Total Liabilities and Fund Equity $ 546,962 $ 5,699,402 $ 145,219
Unemployment
$ 56,532
121, 130
3,791
0
0
0
181,453
0
0
0
0
$ 181,453
$ 5,313
0
0
0
5,313
0
0
5,313
0
176,140
176,140
$ 181,453
$
$
$
$
Workers'
Compensation
178,535
382,544
12,072
0
0
70,000
643, 151
0
0
0
0
643,151
0
0
413,689
0
413,689
0
0
413,689
0
229,462
229,462
643, 151
Totals
1995 1994
$ 1,341,340 $ 506,704
2, 716,592 1,468,800
70,834 72,253
12,525 45,576
(250) (1,070)
70,000 10,000
4,211,041 2, 102,263
4,055,000 2,709,266
(1,063,950) (554,052)
14,096 8,812
3,005, 146 2, 164,026
$ 7,216, 187 $ 4,266,289
$ 49,856 $ 188,203
0 19,834
568,462 420,967
66 66
618,384 629,070
0 16,280
0 16,280
618,384 645,350
1,230,000 0
5,367,803 3,620,939
6,597,803 3,620,939
$ 7,216, 187 $ 4,266,289
- 173 -
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, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Operating Revenues:
Charges for Services
Premiums
Other
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Claims
Administration Fees
Premiums
Reimbursed Administrative
Depreciation
Other
Total Operating Expenses
Operating Income (Loss)
Nonoperating Revenues (Expenses):
Interest on Investments
Reimbursed Expenses
Interest Expense
Gain on Disposal of Operations
Other, Net
Total Nonoperating Revenues (E�penses)
Net Income (Loss)
Retained Earnings (Deficit), October 1
Retained Earnings, September 30
$
$
Employee
Benefits
0
2, 144,236
4,505
2,148,741
0
0
0
0
0
0
1,089,581
100,524
552,445
0
0
3,883
1,746,433
402,308
22,970
0
0
0
68
23,038
425,346
(69,631)
$
355,715 $
Equipment
Replacement
1,935,055 $
0
0
1,935,055
0
0
0
0
0
0
0
0
0
0
530,721
0
530,721
1,404,334
89,357
0
0
0
0
89,357
1,493,691
Landfill
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
115,691
0
115,691
115,691
2,974,865 (115,691)
4,468,556 =$=====0=
Totals
Property and Workers'
Casualty Unemployment Compensation 1995 1994
$ 0 $ 0 $ 0 $ 1,935,055 $ 2,310,678
461, 140 30,320 309,083 2,944,779 2,842,997
0 0 0 4,505 13,302
461, 140 30,320 309,083 4,884,339 5, 166,977
0 0 0 0 515,679
0 0 0 0 92,370
0 0 0 0 135,916
0 0 0 0 340,839
0 0 0 0 64,236
0 0 0 0 36,484
64,728 22,986 591,397 1, 768,692 1,878,846
9,201 0 59,459 169,184 124,793
262,873 0 6,069 821,387 566,790
50,520 0 50,520 101,040 288,266
0 0 0 530, 721 323,577
3, 152 0 0 7,035 25,927
390,474 22,986 707,445 3,398,059 4,393,723
70,666 7,334 (398,362) 1,486,280 773,254
3,333 7,698 20,096 143,454 125,673
4,043 0 0 4,043 2,585
0 0 0 0 (4,452)
0 0 0 115,691 0
(2,672) 0 0 (2,604) (1,537)
4,704 7,698 20,096 260,584 122,269
75,370 15,032 (378,266) 1,746,864 895,523
62,560 161, 108 607,728 3,620,939 2,725,416
$ 137,930 $ 176, 140 $ 229,462 $ 5,367,803 $ 3,620,939
- 175 -
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the Fiscal Year Ended September 30, 1995
(With comparative totals for the fiscal year ended September 30, 1994)
Employee Equipment
Benefits Replacement Landfill
Cash Flows from Operating Activities:
Cash Received from Customers $ 2, 178,587 $ 1,935,055 $ 0
Cash Payments to Suppliers for Goods and Services (1,895,976) 0 (95,391)
Cash Payments to Employees for Services 0 0 (16,280)
Cash Received for Reimbursed Expenses 0 0 0
Cash Received for Miscellaneous Revenues 4,573 0 0
Cash Received from Other Funds 0 0 0
Cash Paid to Other Funds 0 0 (19,834)
Cash Paid for Miscellaneous Expenses 0 0 0
Net Cash Provided (Used) by Operating Activities 287, 184 1,935,055 (131,505)
Cash Flows from Noncapital Financing Activities:
Cash Received from Disposal of Operations 0 0 115,691
Operating Transfers Out to Other Funds 0 0 0
Net Cash Provided (Used) by Noncapital Financing Activities 0 0 115,691
Cash Flows from Capital and Related Financing Activities:
Acquisition of Capital Assets 0 (1,386,773) 0
Proceeds from Sale of Assets 0 0 15,706
Proceeds from Contractual Obligation 0 1,230,000 0
Net Cash Provided (Used) by Capital and Related
Financing Activities 0 (156,773) 15,706
Cash Flows from Investing Activities:
Purchase of Investments (436,908) (2,549,431) 0
Proceeds from Sale and Maturities of
Investment Securities 251,045 1,351,939 0
Interest on Investments 22,366 75,780 108
Net Cash Provided (Used) by Investing Activities (163,497) (1, 121, 712) 108
Net Increase (Decrease) in Cash and Cash Equivalents 123,687 656,570 0
Cash and Cash Equivalents, October 1 94,029 187,219 0
Cash and Cash Equivalents, September 30 $ 217,716 $ 843,789 $ 0
Reconciliation of Operating Income (Loss) to Net Cash
Provided (Used) by Operating Activities:
Operating Income (Loss) $ 402,308 $ 1,404,334 $ 0
Adjustments to Reconcile Operating Income (Loss) to Net
Cash Provided (Used) by Operating Activities:
Depreciation 0 530,721 0
Provision for Uncollectible Accounts (686) 0 0
Miscellaneous Nonoperating Revenues 68 0 0
Miscellaneous Nonoperating Expenses 0 0 0
Change in Assets and Liabilities:
Change in Accounts Receivable 34,351 0 0
Change in Prepaid Costs 0 0 0
Change in Accounts Payable 21, 166 0 (95,391)
Change in Due to Other Funds 0 0 (19,834)
Change in Claims Payable (170,023) 0 0
Change in Retainage Payable 0 0 0
Change in Accrued Liabilities 0 0 0
Change in Accrued Vacation 0 0 (16,280)
Total Adjustments (115,124) 530,721 (131,505)
Net Cash Provided (Used) by Operating Activities $ 287,184 $ 1,935,055 $ (131,505)
-176-
Totals
Property and Workers'
Casualty Unemployment Compensation 1995 1994
$ 459,840 $ 30,320 $ 309,083 $ 4,912,885 $ 5,284,075
(439,348) (24,722) (464,347) (2,919,784) (4,006,404)
0 0 0 (16,280) (522, 178)
4,043 0 0 4,043 2,585
0 0 0 4,573 2,366
0 0 0 0 19,834
0 0 0 (19,834) 0
(2,672) 0 0 (2,672) (3,850)
21,863 5,598 (155,264) 1,962,931 776,428
0 0 0 115,691 0
0 0 0 0 (4,452)
0 0 0 115,691 (4,452)
0 0 0 (1,386,773) (1,340,962)
0 0 0 15, 706 0
0 0 0 1,230,000 0
0 0 0 (141,067) (1,340,962)
(96,024) (172,843) (537,733) (3, 792,939) (1,594,254)
87,540 175,927 678,696 2,545,147 2,021,335
4,573 9,757 32,289 144,873 135,478
(3,911) 12,841 173,252 (1, 102,919) 562,559
17,952 18,439 17,988 834,636 (6,427)
26,816 38,093 160,547 506,704 513,131
$ 44,768 $ 56,532 $ 178,535 $ 1,341,340 $ 506,704
$ 70,666 $ 7,334 $ (398,362) $ 1,486,280 $ 773,254
0 0 0 530,721 323,577
(134) 0 0 (820) (1,355)
(2,672) 0 0 (2,672) (3,850)
4,043 0 0 4, 111 4,951
(1,300) 0 0 33,051 117,098
0 0 (60,000) (60,000) (6,200)
(25,596) (1,736) (37,564) (139,121) (370,696)
0 0 0 (19,834) 19,834
(23, 144) 0 340,662 147,495 (52,943)
0 0 0 0 (17,045)
0 0 0 0 (14,563)
0 0 0 (16,280) 4,366
(48,803) (1,736) 243,098 476,651 3,174
$ 21,863 $ 5,598 $ (155,264) $ 1,962,931 $ 776,428
-177 -
CITY OF COLLEGE STATION, TEXAS
EMPLOYEE BENEFITS FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 217,716 $ 94,029
Equity in Investments 309,027 123,164
Receivables:
Accrued Interest 9,378 8,774
Accounts 11,091 45,442
Less Allowance for Uncollectible Accounts (250) (936)
Prepaid Costs 0 0
Total Current Assets $ 546,962 $ 270,473
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 39,464 $ 18,298
Claims Payable 151,717 321,740
Accrued Liabilities 66 66
Total Current Liabilities 191,247 340, 104
Fund Equity:
Unreserved Retained Earnings (Deficit) 355,715 (69,631)
Total Fund Equity 355,715 (69,631)
Total Liabilities and Fund Equity $ 546,962 $ 270,473
-178 -
CITY OF COLLEGE STATION, TEXAS
EMPLOYEE BENEFITS FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS (DEFICITS)
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Operating Revenues:
Premiums $ 2, 144,236 $ 1,921,185
Other 4,505 2,945
Total Operating Revenues 2, 148, 741 1,924, 130
Operating Expenses:
Claims 1,089,581 1,558,696
Administration Fees 100,524 101,599
Premiums 552,445 271,618
Reimbursed Administrative 0 . 7, 132
Other 3,883 19,723
Total Operating Expenses 1,746,433 1,958,768
Operating Income (Loss) 402,308 (34,638)
Nonoperating Revenues:
Interest on Investments 22,970 .19,089
Other, Net 68 2,366
Total Nonoperating Revenues 23,038 21,455
Net Income (Loss) 425,346 (13,183)
Deficits, October 1 (69,631) (56,448)
Retained Earnings (Deficit), September 30 $ 355,715 $ (69,631)
- 179 -
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, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Operating Revenues:
Premiums $ 2,091,297 $ 2,091,297 $ 2, 144,236 $ 52,939
Other 0 0 4,505 4,505
Total Operating Revenues 2,091,297 2,091,297 2,148,741 57,444
Operating Expenses:
Claims 1,622,000 1,622,000 1,243,583 378,417
Administration Fees 49,100 120,000 100,524 19,476
Premiums 198,400 230,000 552,445 (322,445)
Reimbursed Administrative 0 0 0 0
Other 16,000 16,000 3,884 12, 116
Total Operating Expenses 1,885,500 1,988,000 1,900,436 87,564
N·et Operating Income 205,797 103,297 248,305 145,008
Nonoperating Revenues (Expenses):
Interest Earnings 5,000 5,000 22,970 17,970
Bank Charges 0 0 (627) (627)
Other, Net 0 0 997 997
Total Nonoperating Revenues (Expenses) 5,000 5,000 23,340 18,340
Net Income $ 210,797 $ 108,297 $ 271,645 $ 163,348
See reconciliation to GAAP basis on page 196.
- mo -
CITY OF COLLEGE STATION, TEXAS
EQUIPMENT REPLACEMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1 995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 843,789 $ 187,219
Equity in Investments 1,807,967 610,475
Receivables:
Accrued Interest 42,500 28,923
Total Current Assets 2,694,256 826,617
Property and Equipment:
Machinery and Equipment 4,055,000 2,672,736
Less Accumulated Depreciation (1,063,950) (533,228)
Construction in Progress 14,096 8,812
Total Property and Equipment 3,005, 146 2, 148,320
Total Assets $ 5,699,402 $ 2,974,937
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 846 $ 72
Total Current Liabilities 846 72
Fund Equity:
Contributed Capital 1,230,000 0
Unreserved Retained Earnings 4,468,556 2,974,865
Total Fund Equity 5,698,556 2,974,865
Total Liabilities and Fund Equity $ 5,699,402 $ 2,974,937
-181 -
CITY OF COLLEGE STATION, TEXAS
EQUIPMENT REPLACEMENT FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Operating Revenues:
Charges for Services $ 1,935,055 $ 1, 145,642
Total Operating Revenues 1,935,055 1, 145,642
Operating Expenses:
Depreciation 530,721 316,642
Total Operating Expenses 530, 721 316,642
Operating Income 1,404,334 829,000
Nonoperating Revenues:
Interest on Investments 89,357 53,943
Total Nonoperating Revenues 89,357 53,943
-'·
Net Income 1,493,691 882,943
·• Retained Earnings, October 1 2,974,865 2,091,922
Retained Earnings, September 30 $ 4,468,556 $ 2,974,865
-T82-
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, 1995
Operating Revenues:
Charges for Goods and Services
Total Operating Revenues
Operating Expenses:
Depreciation
Capital Outlay
Contingency
Total Operating Expenses
Net Operating Income (Loss)
Nonoperating Revenues (Expenses):
Interest Earnings
Proceeds from Long-Term Debt
Reimbursed Debt Service
Bond Issuance Costs
Total Nonoperating Revenues (Expenses)
Original
Budget
Revised
Budget Actual
$ 1,922,960 $ 1,950, 710 $ 1,935,055
1,922,960 1,950,710 1,935,055
0
1,593, 142
35,000
1,628, 142
294,818
87,000
0
(15,000)
0
72,000
-----
0
1,621,445
35,000
1,656,445
294,265
87,000
0
(15,000)
0
72,000
530, 721
1,387,548
0
1,918,269
16, 786
89,357
1,230,000
0
(6,030)
1,313,327
Variance
Favorable
(Unfavorable)
$ (15,655)
(15,655)
(530,721)
233,897
35,000
(261,824)
(277,479)
2,357
1,230,000
15,000
(6,030)
1,241,327
Net Income $ 366,818 $ 366,265 $ 1,330, 113 $ 963,848
See reconciliation to GAAP basis on page 196.
- 183 -
CITY OF COLLEGE STATION, TEXAS
LANDFILL FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
Assets
Current Assets:
Receivables:
Accrued Interest
Total Current Assets
Property and Equipment:
Machinery and Equipment
Less Accumulated Depreciation
Total Property and Equipment
Total Assets
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Due to Other Funds
Retainage Payable
Accrued Liabilities
Total Current Liabilities
Noncurrent Liabilities:
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Deficit
Total Fund Equity
Total Liabilities and Fund Equity
1995
$
$
$
$
- 184�
0
0
0
0
0
0
0 $
0
0
0
0
0
0
0
0
0
0
$
$
1994
108
108
36,530
(20,824)
15,706
15,814
95,391
19,834
0
0
115,225
16,280
16,280
131,505
(115,691}
(115,691}
$ 15,814
=====
CITY OF COL:LEGE STATION, TEXAS
LANDFILL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS (DEFICITS)
For the Fiscal Years Ended September 30, 1995 and 1994
Operating Revenues:
Charges for Services
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Reimbursed Administrative
Depreciation
Total Operating Expenses
Operating Income (Loss)
Nonoperating Revenues (Expenses):
Gain on Disposal of Operations
Interest Expense
Total Nonoperating Revenues (Expenses)
Net Income (Loss)
Retained Earnings (Deficit), October 1
Retained Earnings (Deficit), September 30
$
$
- 185 -
1995
0 $
0
0
0
0
0
0
0
0
0
0
0
115,691
0
115,691
115,691
(115,691)
0 $
1994
1, 165,036
1, 165,036
515,679
92,370
135,916
340,839
64,236
36,484
167,750
6,935
1,360,209
(195, 173)
0
(4,452)
(4,452)
(199,625)
83,934
(115,691)
CITY OF COLLEGE STATION, TEXAS
LANDFILL FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGET ARY BASIS)
For the Fiscal Year Ended September 30, 1995
Original Revised
Budget Budget Actual
Nonoperating Revenues:
Gain on Disposal of Landfill
Operations $ 0 $ 0 $ 115,691
-----
Total Nonoperating Revenues 0 0 115,691
Net Income $ 0 $ 0 $ 115,691
Variance
Favorable
(Unfavorable}
$ 115,691
115,691
$ 115,691
CITY OF COLLEGE STATION, TEXAS
PROPERTY AND CASUAL TY FUND
COMPARATIVE BALANCE SHEETS
September 30, 1 995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 44,768 $ 26,816
Equity in Investments 95,924 87,440
Receivables:
Accrued Interest 3,093 4,333
Accounts 1,434 134
Less Allowance for Uncollectible Accounts 0 (134)
Total Current Assets $ 145,219 $ 118,589
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 4,233 $ 29,829
Claims Payable 3,056 26,200
Total Current Liabilities 7,289 56,029
Fund Equity:
Unreserved Retained Earnings 137,930 62,560
Total Fund Equity 137,930 62,560
Total Liabilities and Fund Equity $ 145,219 $ 118,589
- 187 -
CITY OF COLLEGE STATION, TEXAS
PROPERTY AND CASUAL TY FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Operating Revenues:
Premiums $ 461,140 $ 424,635
Other 0 2,986
Total Operating Revenues 461, 140 427,621
Operating Expenses:
Claims 64,728 57,010
Administration Fees 9,201 0
Premiums 262,873 262,018
Reimbursed Administrative 50,520 56,296
Other 3, 152 0
Total Operating Expenses 390,474 375,324
Operating Income 70,666 52,297
Nonoperating Revenues (Expenses):
Interest on Investments 3,333 6,950
Reimbursed Expenses 4,043 2,585
Other, Net (2,672) (3,850)
Total Nonoperating Revenues (Expenses) 4,704 5,685
Net Income 75,370 57,982
Retained Earnings, October 1 62,560 4,578
Retained Earnings, September 30 $ 137,930 $ 62,560
CITY OF COLLEGE STATION, TEXAS
PROPERTY AND CASUAL TY FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Operating Revenues:
Premiums
Total Operating Revenues
Operating Expenses:
Claims
Administration Fees
Premiums
Reimbursed Administrative
Other
Total Operating Expenses
Net Operating Income (Loss}
Nonoperating Revenues (Expenses}:
Interest Earnings
Reimbursed Expenses
Other, Net
Total Nonoperating Revenues (Expenses)
$
Original
Budget
Revised
Budget
467,099 $ 467,099
-----467,099 467,099
86,800
0
273,000
50,520
0
410,320
56,779
500
10,000
(3,500)
7,000
86,800
0
273,000
50,520
0
410,320
56,779
500
10,000
(3,500)
7,000
-----
Actual
$ 461, 140
461, 140
89,928
9,201
262,873
50,520
3, 152
415,674
45,466
3,333
4,043
(2,672)
4,704
Variance
Favorable
(Unfavorable)
$ (5,959)
(5,959)
(3, 128)
(9,201}
10,127
0
(3, 152)
(5,354)
(11,313)
2,833
(5,957)
828
(2,296)
Net Income (Loss} $ 63,779 $ 63,779 $ 50,170 $ (13,609)
See reconciliation to GAAP basis on page 196.
-189 -
CITY OF COLLEGE STATION, TEXAS
UNEMPLOYMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 56,532 $ 38,093
Equity in Investments 121, 130 124,214
Receivables:
Accrued Interest 3,791 5,850
Total Current Assets $ 181,453 $ 168,157
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 5,313 $ 7,049
Total Current Liabilities 5,313 7,049
Fund Equity:
Unreserved Retained Earnings 176, 140 161, 108
Total Fund Equity 176, 140 161, 108
Total Liabilities and Fund Equity $ 181,453 $ 168,157
CITY OF COLLEGE STATION, TEXAS
UNEMPLOYMENT FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
1995 1994
Operating Revenues:
Premiums $ 30,320 $ 42, 106
Total Operating Revenues 30,320 42, 106
Operating Expenses:
Claims 22,986 28,650
Reimbursed Administrative 0 322
Other 0 6,204
Total Operating Expenses 22,986 35, 176
Operating Income 7,334 6,930
Nonoperating Revenues:
Interest on Investments 7,698 8,953
Total Nonoperating Revenues 7,698 8,953
Net Income 15,032 1 5,883
Retained Earnings, October 1 161'108 145,225
Retained Earnings, September 30 $ 176,140 $ 161, 108
-191 -
CITY OF COLLEGE STATION, TEXAS
UNEMPLOYMENT FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1995
Variance
Original Revised Favorable
Budget Budget Actual (Unfavorable)
Operating Revenues:
Premiums $ 22,000 $ 22,000 $ 30,320 $ 8,320
Total Operating Revenues 22,000 22,000 30,320 8,320
Operating Expenses:
Claims 25,000 25,000 22,986 2,014
Total Operating Expenses 25,000 25,000 22,986 2,014
Net Operating Income (Loss) (3,000) (3,000) 7,334 10,334
Nonoperating Revenues:
Interest Earnings 10,000 10,000 7,698 (2,302)
Total Nonoperating Revenues 10,000 10,000 7,698 (2,302)
Net Income $ 7,000 $ 7,000 15,032 $ 8,032
·· ·�·r92 -
CITY OF COLLEGE STATION, TEXAS
WORKERS' COMPENSATION FUND
COMPARATIVE BALANCE SHEETS
September 30, 1995 and 1994
1995 1994
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 178,535 $ 160,547
Equity in Investments 382,544 523,507
Receivables:
Accrued Interest 12,072 24,265
Prepaid Costs 70,000 10,000
Total Current Assets $ 643,151 $ 718,319
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable $ 0 $ 37,564
Claims Payable 413,689 73,027
Total Current Liabilities 413,689 110,591
Fund Equity:
Unreserved Retained Earnings 229,462 607,728
Total Fund Equity 229,462 607,728
Total Liabilities and Fund Equity $ 643,151 $ 718,319
-193 -
CITY OF COLLEGE STATION, TEXAS
WORKERS' COMPENSATION FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1995 and 1994
Operating Revenues:
Premiums
Other
Total Operating Revenues
Operating Expenses:
Claims
Administration Fees
Premiums
Reimbursed Administrative
Total Operating Expenses
Operating Income (Loss)
Nonoperating Revenues (Expenses):
Interest on Investments
Other, Net
Total Nonoperating Revenues (Expenses)
Net Income (Loss)
Retained Earnings, October 1
Retained Earnings, September 30
$
$
- 194-
1995
309,083
0
309,083
591,397
59,459
6,069
50,520
707,445
(398,362)
20,096
0
20,096
(378,266)
607,728
229,462
$
$
1994
455,071
7,371
462,442
234,490
23, 194
33, 154
56,766
347,604
114,838
36,738
(53)
36,685
151,523
456,205
607,728
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, 1995
Variance
Original Revised Favorable Budget Budget Actual (Unfavorable)
Operating Revenues:
Premiums $ 305,900 $ 305,900 $ 309,083 $ 3, 183
Total Operating Revenues 305,900 305,900 309,083 3, 183
Operating Expenses:
Claims 278,700 280,824 177,707 103,117
Administration Fees 60,000 67, 180 59,459 7,721
Premiums 0 0 6,069 (6,069)
Reimbursed Administrative 50,520 50,520 50,520 0
Total Operating Expenses 389,220 398,524 293,755 104,769
Net Operating Income (Loss) (83,320) (92,624) 15,328 107,952
Nonoperating Revenues:
Interest Earnings 36,000 36,000 20,096 (15,904)
Total Nonoperating Revenues 36,000 36,000 20,096 (15,904)
Net Income (Loss) $ (47,320) $ (56,624) $ 35,424 $ 92,048
See reconciliation to GAAP basis on page 196.
- 195 -
.>,
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, 1995
Employee Equipment Property and Workers'
Benefits Replacement Casualty Compensation
Total Revenues Per Budget -Actual $ 2, 172,708 $ 3,254,412 $ 468,516 $ 329, 179
Less Total Expenses Per Budget -Actual 1,901,063 1,924,299 418,346 293,755
Net Income (loss), Budgetary Basis 271 ,645 1,330,113 50, 170 35,424
Add -Expenses Related to Balance Sheet:
Capital Outlay 0 1 ,387,548 0 0
Add (Deduct) - Unbudgeted Revenue
(Expense) Adjustments:
Adjust Claims Payable 154,002 0 25,200 (413,690)
Reclass Long Term Debt Proceeds 0 (1 ,230,000) 0 0
Long Term Debt Correction 0 6,030 0 0
Bad Debt Expense (301) 0 0 0
Net Income (Loss), GAAP Basis $ 425,346 $ 1,493,691 $ 75,370 $ (378,266)
- 196-
AGENCY FUND
Agency funds are used to account for assets held by the City solely in a custodial capacity
for individuals, private organizations, other governments, and/or funds.
Deferred Compensation Fund -to account for assets held for employees in accordance
with the provisions of Internal Revenue Code Section 457.
- 197 -
CITY OF COLLEGE STATION, TEXAS
DEFERRED COMPENSATION FUND
COMPARATIVE BALANCE SHEETS
For the Fiscal Years Ended September 30, 1995 and 1994
Assets:
Investments
Total Assets
Liabilities and Fund Balances
Liabilities:
Deferred Compensation Payable
Total Liabilities
Fund Balances:
Unreserved
Total Fund Balances
Total Liabilities and Fund Balances
$
$
$
$
-f98-
1995
795,955 $
795,955 $
795,955 $
795,955
0
0
795,955 $
1994
585,305
585,305
585,305
585,305
0
0
585,305
Assets:
Investments
Liabilities:
CITY OF COLLEGE STATION, TEXAS
DEFERRED COMPENSATION FUND
STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the Fiscal Years Ended September 30, 1995
Beginning
Balance Additions Deductions
Ending
Balance
$ 585,305 $ 255,548 $ 44,898 $ 795,955
Deferred Compensation Payable $ 585,305 $ 255,548 $ 44,898 $ 795,955
-199 -
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GENERAL FIXED ASSETS ACCOUNT GROUP
To account for fixed assets not used in proprietary fund operations.
- 201 -
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CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSETS ACCOUNT GROUP
COMPARATIVE SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE
September 30, 1 995 and 1 994
1995 1994
General Fixed Assets:
Buildings and Building Improvements $ 15,214,865 $ 13,263,808
Improvements 18,787,108 16,477, 108
Machinery and Equipment 10,652,355 10,714,332
Parks System 9,578,211 8,900,987
Construction in Progress 1,521,640 1,598,974
Land 7,930,820 7,449,504
Total General Fixed Assets $ 63,684,999 $ 58,404,713
Investment in General Fixed Assets from:
Capital Projects Funds $ 44,076, 109 $ 40,355,272
General Fund Revenues 8,057,025 7,245,565
Special Revenue Funds 4,520,982 3,800,991
Contributions/Donations 71,650 36,650
Acquisitions Prior to July 1, 1979--Source
Undetermined 6,959,233 6,966,235
Total Investment in General Fixed Assets $ 63,684,999 $ 58,404,713
-203 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSETS ACCOUNT GROUP
SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE -BY FUNCTION AND ACTIVITY
September 30, 1995
Buildings and
Building
Total Land Improvements
General Fund:
General Government $ 545,389 $ 0 $ 59,444
Fiscal and Human Resources 410,309 0 10,655
Police 532,887 0 1,972
Fire 881,322 0 3,869
Development Services 440,614 0 11,141
Public Services 918,308 1,500 28, 168
Parks 1, 163, 104 0 225,981
Management Services 297,261 0 9,222
College Station Business Park Fund 0 0 0
Library 80,000 0 0
Other 1,429,621 1,429,621 0
Total General Fund 6,698,815 1,431, 121 350,452
Special Revenue Funds:
Parks Escrow 184,776 39,666 0
Federal Grants 2,505,228 35,445 339,666
Hotel/Motel 2,522 2,522 0
Other 1,099,220 150,009 896,029
Total Special Revenue Funds 3,791, 746 227,642 1,235,695
Capital Projects Funds:
Certificates of Obligation Funds 1, 732,352 637,168 400,000
Capital Equipment 3,098,200 0 0
Southwest Parkway 642,231 0 0
1971 Bond Funds 172,838 0 0
1976 Bond Funds 126,377 0 1,495
1978 Bond Funds 533,706 0 25, 141
1978 II Bond Funds 2,803,997 485,325 579,005
1 981 Bond Funds 1,904,043 224,979 1, 114, 176
1982 Bond Funds 3,902,862 376,857 1,237,290
1982 II Bond Funds 10,456,971 1,734,849 1,486,655
1984 Bond Funds 10,562,361 799,116 4,510,058
1989 Bond Funds 2,248,699 91,112 956, 780
1 991 Bond Funds 4,666,764 13, 795 0
1995 Bond Funds 450,351 450,351 0
College Station Business Park Fund 1,368,161 1,900 1,366,261
Total Capital Projects Funds 44,669,913 4,815,452 11,676,861
Contributions/Donations 36,650 0 0
Acquisitions Prior to July 1, 1979 -Source
Undetermined 6,966,235 1,456,605 1,951,857
Total General Fixed Assets Allocated to
Functions 62, 163,359 7,930,820 15,214,865
Construction in Progress 1,521,640 683 171,720
Total General Fixed Assets $ 63,684,999 $ 7,931,503 $ 15,386,585
- 204·�
Machinery,
Tools and Parks
Equipment System Improvements
$ 485,945 $ 0 $ 0
399,654 0 0
530,915 0 0
877,453 0 0
429,109 0 364
888,640 0 0
636,944 300, 179 0
288,039 0 0
0 0 0
80,000 0 0
0 0 0
4,616,699 300, 179 364
1,300 143,810 0
12,418 363,492 1,754,207
0 0 0
32,909 0 20,273
46,627 507,302 1,774,480
695, 184 0 0
2,999,659 89,835 8,706
0 0 642,231
0 0 172,838
0 13,249 111,633
0 162,399 346, 166
13,967 1,070,353 655,347
930 22,568 541,390
284,443 423,381 1,580,891
694,379 4,633,604 1,907,484
703,751 589,712 3,959,724
14,560 5,575 1, 180,672
0 947,845 3, 705, 124
0 0 0
0 0 0
5,406,873 7,958,521 14,812,206
0 0 36 650
582, 1 56 812,209 2, 163,408
10,652,355 9,578,211 18,787,108
498,570 51,484 799, 183
$ 11, 150,925 $ 9,629,695 $ 19,586,291
- 205 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSETS ACCOUNT GROUP
SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY
For the Fiscal Year Ended September 30, 1995
General Fixed General Fixed
Assets Transfers/ Assets
9/30/94 Additions Retirements Other 9/30/95
Function and Activity
General Fund:
General Government $ 534,447 $ 11, 162 $ (220) $ 0 $ 545,389
Fiscal and Human Resources 391,967 19,542 (1,200) 0 410,309
Police 521,853 20,925 (9,891) 0 532,887
Fire 914,327 54,737 (87,742) 0 881,322
Development Services 390,925 81,942 (32,253) 0 440,614
Public Services 1,092, 173 0 (173,865) 0 918,308
Parks 1,149,717 69,767 (56,380) 0 1, 163, 104
Management Services 236,565 182,395 (81,699) 0 337,261
College Station Business Park Fund 1,900 0 0 (1,900) 0
Library 0 40,000 0 40,000 80,000
Other 1,429,621 0 0 (40,000) 1,389,621
Total General Fund 6,663,495 480,470 (443,250) (1,900) 6,698,815
Special Revenue Funds:
Parks Escrow 175,556 9,220 0 0 184,776
Federal Grants 2,260,971 339,705 (95,448) 0 2,505,228
Other 1,099,220 2,522 0 0 1,101,742
Total Special Revenue Funds 3,535,747 351,447 (95,448) 0 3,791,746
Capital Projects Funds:
Certificates of Obligation 1,732,352 0 0 0 1,732,352
Capital Equipment 3, 197,395 72,000 (171,195) 0 3,098,200
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
1 982 Bond Funds 3,902,862 0 0 0 3,902,862
1982 II Bond Funds 9,897,983 558,988 0 0 10,456,971
1984 Bond Funds 10,234,375 327,986 0 0 10,562,361
1989 Bond Funds 2, 178,615 70,084 0 0 2,248,699
1991 Bond Funds 2,276,838 2,389,926 0 0 4,666,764
1 995 Bond Funds 0 450,351 0 0 450,351
College Station Business
Park Fund 0 1,366,261 0 1,900 1,368, 161
Total Capital Projects Funds 39,603,612 5,235,596 (171,195) 1,900 44,669,913
Contributions/Donations 36,650 0 0 0 36,650
Acquisitions Prior to July 1, 1 979 -Source
Undetermined 6,966,235 0 0 0 6,966,235
Construction in Progress 1,598,974 5,547,405 (5,624, 739) 0 1,521,640
Total General Fixed Assets $ 58,404,713 $ 11,614,918 $ (6,334,632) $ 0 $ 63,684,999
·��··206·-
STATISTICAL SECTION
-207 -
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'86
CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENTAL REVENUES AND 8THER-FINANCING SO\:JRGES (1)
LAST TEN FISCAL YEARS
Fiscal General Franchise & Sales & Mixed Licenses & Fines &
Year Property Tax Franchise Tax Drink Tax Permits Penalties
1986 $ 208,481 $ 315,272 $ 3,066, 168 $ 114,971 $ 459,872
1987 222,826 299,973 3,016,640 102,739 442,408
1988 (3) 967,253 340,310 4,257,621 139,412 478,114
1989 1,566,885 345,416 3,825,314 97,449 490, 184
1990 1, 774,601 335,940 4,097,742 94,691 536, 1 55
1991 1,482,577 328,524 6,523, 709 116,574 518,357
1992 1,376,970 358,949 7,209,497 216,886 684,098
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
( 1) Revenues presented include the General and Debt Service Funds .
(2) Revenue sharing transfers made fiscal 1980 through Fiscal Year 1987.
(3) Fiscal Year 1988 represents the transition from a June 30 year-end to September 30.
Fiscal Year 1988shows the 15 months 7/1/87-9/30/88.
Source: City of College Station
'87 '88
Total General Governmental Revenues
& Other Financing Sources
(for the last ten fiscal years)
'89 '90 '9 1 '92
Fiscal Year
'93 '94
30.0
27.5
25.0
22.5
20.0
17.5
15.0
12.5
'95
Transfer from
Charges for Enterprise Other Financing Debt Service
Services Funds All Other Sources Property Tax Total
$ 335,371 $ 4,066,951 $ 407,287 $ 706,772 (2) $ 3,826,083 $ 13,507,228
298,463 4,302,654 414,908 657,086 (2) 3,992,810 13,750,507
487,541 5,570,140 577,819 61,439 3,411, 171 16,290,820
500,710 4,501, 169 593,764 23,520 2,845,775 14,790,186
573,748 4,701,449 693, 154 31,565 2,716,367 15,555,412
540,096 3,772,060 553,079 121,895 3,037,368 16,994,239
720,068 3,889,872 577,129 1,241,463 3, 125,805 19,400,737
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
-209 -
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CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENTAL EXPENDITURES AND OTHER USES BY FUNCT.ION (1)
LAST TEN FISCAL YEARS
Fiscal General Public Parks &
Year Government Police Fire Services Recreation
1986 $ 3,948,780 $ 2,711,271 $ 2,224,796 $ 1,240,623 $ 1,572,606
1987 4,214,064 3,024,395 2,324,273 1, 190,695 1,583,837
1988 (2) 4,968,662 3,883,961 2,943,886 1,561,876 2,401,189
1989 4,335,002 3, 188,081 2,588,909 1,392,230 2,090,649
1990 4,617,138 3,363,665 2,780,466 1,502,988 2,428, 196
1991 4,723,549 3,491,656 2,833,455 1,940,697 2,269,977
1992 4,934,782 3,862,849 3,034,046 2, 108,406 2,576, 106
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
( 1) Expenditures presented include the General and Debt Service Funds.
(2) Fiscal Year 1988 represents the transition from a June 30 year-end to September 30.
Fiscal Year 1988shows the 15 months 7/1/87-9/30/88.
(3) Utility Billing established as Internal Service Fund in Fiscal Year 1989, reducing reimbursed
administrative expenditures in General Fund. In Fiscal Year 1994, Utility Billing was combined with
Electric Fund for reporting purposes.
(4) Includes refunding of $3,460,000 of short term debt.
Source: City of College Station
Total General Governmental Expenditures and Other Uses
(for the last ten fiscal years)
'87 '88 '89 '90 '91 '92 '93
Fiscal Year
'94
30.0
27.5
25.0
22.5 .
20.0 .
17.5
15.0
12.5
'95
Other
Library Capital Reimbursed All Debt Financing Services Outlay Administrative Other Service Uses Total
$ 0 $ 606, 156 $ (2,832, 1 53) $ 0 $ 3,807,583 $ 0 $ 13,279,662
0 399,930 (3,353,671) 0 3,705,802 0 13,089,325
0 1,068,070 (3,818,632) 0 3,813,384 0 16,822,396
0 636,539 (2,393,775) (3) 0 3,399,826 0 15,237,461
0 345,317 (2,276,465) (3) 0 3,422,703 200,000 16,384,008
0 602,976 (2,41 5,356) (3) 0 3,671,439 720,546 17,838,939
0 329,269 (2,591,911) (3) 572,578 4,843,605 0 19,669, 730
283,478 412,314 (2,843,580) (3) 398, 100 3,508,905 0 19,539,367
282,255 1, 120,536 (2,886,557) (3) 251,454 3,320,922 445,000 22,244,005
327,393 480,470 (2,966,008) (3) 298,041 7,364,085 (4) 2,438,668 29,702,657
-211 -
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'86 '87
,I
I
CITY OF COLLEGE STATION, TEXAS
PROPERTY TAX LEVIES AND COLLECTIONS
L:AST TEN FISCAL YEARS
Percent
Fiscal Total Tax of Levy
Year Tax Levy Collections Collected
1986 $ 4, 163,870 $ 3,870,682 92.96%
1987 4,261,855 3,956,428 92.83
1988 4, 181,328 3,945,308 94.36
1989 4,262, 125 4, 122,235 96.72
1990 4,472,941 4,376,436 97.84
1991 4,429, 176 4,308,690 97.28
1992 4,506,448 4,373,907 97.06
1993 4,902,798 4,816,407 98.24
1994 5,681,754 5,591,040 98.40
1995 6,471,493 6,403,250 98.95
Source: City of College Station
'88 '89
Total Tax Collections
(for the last ten fiscal years)
'90 '91 '92
Fiscal Year
---
Delinquent
Tax
Collections
$ 105,878
192,003
315,203
202,588
98.787
136,233
77,220
107,407
129,587
86,727
6.5
6.0
5.5
5.0
4.5 '
4.0
3.5
'93 '94 '95
Outstanding
Total Collections as Outstanding Delinquent Taxes as Total Tax a Percent of Current Delinquent a Percent of Current Collections Levy Taxes Levy
$ 3,976,560 95.50% $ 470,034 11.29%
4,148,431 97.34 582,614 13.67
4,260,511 101.89 489,709 11. 71
4,324,823 101.47 420,113 9.86
4,475,223 100.05 394,727 8.82
4,444,923 100.36 327,854 7.40
4,451, 127 98.77 363,933 8.08
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
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Fiscal
Year
1986 $
1987
1988
1989
1990
1991
1992
1993
1994
1995
CITY OF COLLEGE STATION, TEXAS
ASSESSED VALUE OF TAXABLE PROPERTIES (1)
LAST TEN FISCAL YEARS
Real Personal
Property Property Exemptions
993,907,903 $ 144,581,203 $ 36,875,269 $
1,014,067,239 143,572,456 36,629,372
993, 765,995 145,214,623 38,631,099
1,002,938,332 157,209,511 38,535,922
995,686,332 161,343, 707 38, 794,667
983,973,909 156,164,603 38,658,990
1,013,892,433 150,886,397 38, 166,827
1, 184,748,445 168,378,927 164,570,381
1,145,143,509 172,473,765 41,945,080
1,315,229,397 183,852,688 44,813,941
(1) Assessed Value is 100% of the estimated actual value.
Sources: Brazos County Appraisal District
State Property Tax Board Report of Property Value
Assessed Value of Taxable Properties
(for the last ten fiscal years)
Total
1, 101,613,837
1,121,010,323
1, 100,349,519
1,121,611,921
1, 118,235,372
1,101,479,522
1, 126,612,003
1, 188,556,991
1,275,672, 194
1,454,268, 144
'86 '87 '88 '89 '90 '91 '92 '93 '94
Fiscal Year
- 21 5 -
1.50 ,....._
�
1.40 0 s
1.30 e
1.20 �
� 1.10
1.00
'95
Fiscal
Year (1)
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
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)
City School County
$ .3800 $ .9780 $ .3253
.3800 1.0790 .4170
.3800 1.0790 .4170
.3800 1.2100 .3427
.4000 1.3000 .3689
.4000 1.4400 .4105
.4000 1.6800 .4399
.4125 1.6800 .4399
.4450 1.6300 .4342
.4450 1.6100 .4184
Total (3)
$ 1.6833
1.8760
1.8760
1.9327
2.0689
2.2505
2.5199
2.5324
2.5092
2.4734
(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
·� 2T6-
Tax Ratios
City School County
100% 100% 100%
100 100 100
100 100 100
100 100 100
100 100 100
100 100 100
100 100 100
100 100 100
100 100 100
100 100 100
lfilJCity
3.0
,....._ Cl)
� > "=' Cl)
5 �
��
0
0 ......
�
i 0.5
'86 '87 '88.
Original Tax Levies
City School
$ 4, 163,870 $ 11,757,247
4,261,855 12,797,106
4, 181,328 12,959,657
4,262, 125 14,868,835
4,472,941 15,814,785
4,999,328 17,388,938
5, 130,768 18,612,589
4,902,806 21,608,259
5,681,754 23,390,262
6,471 ,498 26,261,015
Property Tax Rates
(for the last ten fiscal years)
�School Im County
'89 '90 '91 '92
Fiscal Year
- 217 -
County
$ 9,997, 174
11,515,156
12,297,807
10, 138,888
10,4 76,587
11,438,852
12,184,729
12,789,846
13,374,336
14,211,900
'93 '94 '95
,,
Fiscal
Year
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
CITY OF COLLEGE STATION, TEXAS
PAVING ASSESSMENT COLLECTIONS
LAST TEN FISCAL YEARS
Percentage of
Current Assessments Assessments
Assessment Collected Collected {%)
$ 0 $ 16,019 16.66%
0 13,433 16.76
202,546 36,913 13.71
0 21,703 9.34
40,926 14,251 5.67
0 31,016 13.07
0 4,682 2.27
0 58,358 28.95
0 4,779 3.34
0 59, 141 42.71
Source: City of College Station Finance Department
-218 -
Total
Outstanding
Assessments
$ 80, 134
66,701
232,334
210,631
237,306
206,290
201,608
143,250
138,471
79,330
CITY OF COLLEGE STATION, TEXAS
COMPUTATION OF LEGAL DEBT MARGIN
SEPTEMBER 30, 1995
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.
- 219 -
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 Estimated Assessed Gross
Year Population Value Bonded Debt
1986 50,991 (1) $ 1, 101,613,837 $ 19,907,500
1987 51,222 (1) 1,121,010,323 18,411 ,000
1988 51,463(1) 1r100,349,519 20,993,888
1989 51,707(1) 1,121,611,921 19,242,957
1990 51,977 (1) 1, 118,235,372 20,664,590
1991 52,456 (2) 1, 101,479,522 18,577,355
1992 53,686 (1) 1, 126,612,003 21,103,590
1993 54,449 (1) 1r188,556,991 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
( 1) Source: Metropolitan Planning Organization & City of College Station
Planning Department
(2) Source: U.S. Government Preliminary Census
Ratio of
Less Debt Net Bonded Debt Net
Service Cash Net To Assessed Bonded Debt
Funds Bonded Debt Valuation Per Capita
$ 2,028,845 $ 17,878,655 1.62 $ 351
2,560,656 15,850,344 1.41 309
1,890,972 19,102,916 1.74 371
1,880,417 17,362,540 1.55 336
1,528,503 19, 136,087 1. 71 368
1, 146,493 17,430,862 1.58 332
856, 151 20,247,439 1.80 377
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
�
Net Bonded Debt per Capita
(for the last ten fiscal years)
420
380
340 �
�
300
260
'86 '87 '88 '89 '90 '91 '92 '93 '94 '95
Fiscal Year
-221 -
CITY OF COLLEGE STATION, TEXAS
SCHEDULE OF DIRECT AND ESTIMATED OVERLAPPING DEBT
SEPTEMBER 30, 1 995
Net Debt
Taxing Body Amount As Of
ESTIMATED OVERLAPPING DEBT
College Station l.S.D. ( 1) $ 26,574,902 8/31 /95
Brazos County (2) 2,314,276 8/31 /95
Bryan l.S.D. (3) 23,259,976 8/31/95
NET DIRECT DEBT
City of College Station (4) 23,876,436 9/30/95
NET DIRECT AND ESTIMATED OVERLAPPING DEBT
* Population: 58,627
( 1) Source: College Station Independent School District
(2) Source: Brazos County
(3) Source: Bryan Independent School District
(4) Source: City of College Station Finance Department
-222-
City's Share
Percent Amount
83.48 % $ 22, 184, 728
40.98 948,390
5.17 1,202,541
24,335,659
100.00 23,876,436
$ 48,212,095
Per
Capita *
$ 378
16
21
415
407
$ 822
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
Total General
Interest, Fiscal Governmental
Fiscal and Other Total Debt Expenditures Principal Service Ratio Year Charges and Other Uses
1986 $ 1,630,982 $ 2, 176,601 $ 3,807,583 $ 13,279,662 28.67%
1987 1,685,439 2,020,363 3,705,802 13,089,325 28.31
1988 (1) 1,795,053 2, 108,331 3,903,384 16,822,396 ( 1) 23.20 (1)
1989 1,852,938 1,546,888 3,399,826 15,237,461 22.31
1990 1,913,720 1,508,983 3,422,703 16,384,008 20.89
1991 2,206,493 1,464,946 3,671,439 17,838,939 20.58
1992 3,332,876 1,510,729 4,843,605 19,669,730 24.62
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 (2) 1,519,907 7,316,037 29,702,657 24.63
( 1) Fiscal year 1988 represents the transition from a June 30 year-end to September 30.
Fiscal year 1988 shows the 1 5 months 7 /1 /87 -9/30/88.
(2) Includes refunding of $3,460,000 of short term debt.
Source: City of College Station
Ratio of Annual Debt Service Expenditures for General Obligation Debt
to Total General Governmental Expenditures and Other Uses
(for the last ten fiscal years)
!Bl Debt Service Expense ml General & Other
30.0
,......, 25.0 "'
Q 0 20.0 � "-' 15.0
� 10.0 � 5.0
0.0 '86 '87 '88 '89 '90 '91 '92 '93 '94 '95
Fiscal Year
-223 -
CITY OF COLLEGE STATION, TEXAS
UTILITY FUNDS
SCHEDULE OF REVENUE BOND COVERAGE
LAST TEN FISCAL YEARS
Operating
Fiscal Operating Expenses Net Average Annual Maximum Annual
Year Revenues (Excluding Revenues Total Coverage Total Coverage Depreciation)
1986 $ 32,480,725 $ 23,958, 157 $ 8,522,568 $ 3,476, 179 2.45% $ 5, 143,007 1.66%
1987 32, 760,614 22,777,769 9,982,845 3,357, 119 2.97 5,096, 158 1.96
1988(1) 48, 138,363 33,676,511 14,461,852 3, 134,547 4.61 4,758,370 3.04
1989 37,584,613 26,878,049 10,706,564 2,999,229 3.57 4,487.414 2.39
1990 37,108,418 26,478,070 10,630,348 2,863,939 3.71 4,245,295 2.50
1991 35,558,916 27,042,224 8,516,692 2,337, 186 3.64 4,447,976 1.91
1992 37,524,486 27,463,001 10,061,485 2,186,415 4.60 4, 144,820 2.43
1993 39,637,874 28,912,833 10,725,041 1,683, 197 6.37 4, 176,525 2.57
1994 (2) 48,291,091 36, 190, 720 12, 100,371 1,553,305 7.79 4, 176,525 2.90
1995 (2) 47,365,953 34,682,369 12,683,584 2,819,408 4.50 6,099,551 2.08
(1) Fiscal Year 1988 represents the transition from a June 30 year-end to September 30. Fiscal year 1988 shows the
15 months 711 /87 -9/30/88.
(2) In Fiscal Year 1994, the Utility Billing Fund was combined with the Electric Fund for reporting purposes.
Source: City of College Station
"O � =
�
�
�
�
Year
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
CITY OF COLLEGE STATION, TEXAS
CONSTRUCTION PERMITS
LAST TEN CALENDAR YEARS
Residential Construction Commercial Construction
Number Number Number
of of of
Permits Value Permits Value Permits
209 $ 8, 104,272 134 $ 6, 133,255 343
250 12,655,651 225 15,590,672 475
243 20,279,472 172 3,468,622 415
229 15,528, 105 203 22,085,987 432
213 12,539,486 56 3,870,491 269
370 18,933, 748 164 17,319,566 534
475 31,503,185 153 11,648,580 628
381 38,141,976 178 27,288,295 559
611 64,673,810 234 20,505,039 845
424 28,514,709 225 38, 130,694 649
Source: City of College Station Building Department
900
800
700
600
500
400
300
200
100 '86 '87
Construction Permits
(for the last fen fiscal years)
lml Residential Im Commercial
'88 '89 '90 '91 '92
Fiscal Year
-225 -
'93
Total
Value
$ 24,237,527
28,246,323
23,748,094
37,614,092
16,409,977
36,253,314
43,151,765
65,430,271
85, 178,849
66,645,403
'94 '95
..
CITY OF COLLEGE STATION, TEXAS
PRINCIPAL TAXPAYERS
SEPTEMBER 30, 1995
1994 Assessed
Taxpayer Type of Business Valuation
C.B.L. Management Retail Mall $ 49,033,682
General Telephone Utility 27, 798, 160
Galen Hospitals of Texas, Inc. Hospital 20,859, 116
Wal-Mart/Sam's Properties Retail 16,638,797
Rossco Holdings/Lodgeco Commercial/ Apartments 12, 742,631
TE -Two Real Estate LTD Real Estate 12,524,600
Lane College Station Ltd. Hotel 10,500,000
Briarwood Trust Apartments 9,503, 130
Cain, D.R. Real Estate/Apartments 8,643,530
Moore, Jerry & Jean Real Estate 7, 755,460
TOTAL $ 175,999, 106
Source: Brazos County Appraisal District
Percent of
Total
Assessed
Valuation
3.37%
1.91
1.44
1. 15
0.88
0.86
0.72
0.65
0.59
0.53
12.10%
Utility
Customer
CBL & Associates
City of College Station
Westinghouse
Wal-Mart Stores, Inc.
Lane C/S LTD Partnership
Randall's
CITY OF COLLEGE STATION, TEXAS
PRINCIPAL UTILITY CUSTOMERS
SEPTEMBER 30, 1995
FY 1995
KWH
Type of Business Consumption
Retail Mall 12,233,000
Municipality 9,473,400
Manufacturing 7,050,800
Retail 6, 113,560
Hotel 5,576,700
Retail Grocery 5,270,400
Brazos Valley Medical Center Health Care 4,898,800
Briarwood Trust Bank 4,338,000
U.S. Department of Agriculture Government 4,303,200
Kroger Retail Grocery 3,389,600
TOTAL 62,647,460
Total KW Consumption for the period October 1, 1994, to September 30, 1995,
was 472, 150,047.
Source: City of College Station Utility Billing Department
-227 -
Total Percent of
KWH Consumed
2.59%
2.01
1.49
1.29
1.18
1 .12
1.04
0.92
0.91
0.72
13.27 %
.::..
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 1995
Date incorporated
Date first charter adopted
Date present charter amended
Form of government
Area in square miles:
Fire Protection:
Police Protection:
Recreation:
Year
1938
1948
1958
1968
1978
1982
1986
1988
1992
1994
1995
Miles of streets
Miles of sidewalks
Miles of sanitary sewer
Number of stations
Square
Miles
1.5
4.2
7.3
17.3
22.6
23.8
26.7
27.7
28.1
30.0
38.2
Number of full-time employees
Paved
Unpaved
3
78
Number of employees (sworn) 78
Number of employees (civilian) 36
Number of patrol units 1 8
One jail facility with a capacity of 20
Number of playgrounds
Number of basketball courts
Number of swimming pools
Number of soccer fields
Number of softball/baseball
Number of tennis courts
Number of picnic shelters
Number of gyms
Number of volleyball courts
Number of fitness courts
Number of nature trails
Number of open play areas
Number of picnic pavilions
(Continued)
24
18
3
17
14
10
10
1
5
4
12
23
7
October 1 938
October 1 938
May 1992
Council-Manager
201.0 Miles
2.5 Miles
30.0 Miles
300.0 Miles
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 1 995
(Continued)
Parks:
Facility Acres
Anderson Park 8.9
Bee Creek Park 43.5
Brison Park 9.2
Brother's Pond Park 16.1
College Station Central 47.2
Conference Center 7.8
Cy Miller Park 2.5
Eastgate 1.0
Edelweiss 10.9
Emerald Forest Park 4.5
Fairview 1.8
Gabbard Park 10.7
Georgia K. Fitch 11.3
Hensel Park -TAM U 29.7
Lemon Tree Park 15.4
Lick Creek Park 515.5
Lincoln Center 8.0
Lion's Park 1.5
Utility Funds:
Electric Customers
Average Electrical Consumption:
Water Customers
Average Water Consumption:
Number of Employees:
Electric
Water
Sewer
Water Capacity:
Number of Wells
Combined Capacity of Wells
Number of Ground Storage Tanks, 3
Number of Elevated Storage Tanks, 2
Miles of Water Lines
Facility
Longmire Park
Merry Oaks
Oaks Park
Parkway
Pebble Creek Park
Raintree
Richard Carter Park
Sandstone
Southwood Complex
Thomas Park
University Park Site
Wayne Smith Park
Westchester
Wind wood
Wolfpen Creek Park
Woodcreek Park
Woodway Park Site
TOT AL ACREAGE
23,982
40,648,643 KWH/Mo.
12,059
191,535 MGW/Mo.
62
35
41
4
16,000,000 GAL/day
Total capacity 10,000,000 GALS
Total capacity 3,000,000 GALS
300 Miles
(Continued)
-229 -
Acres
4.2
4.6
7.5
1.9
4.2
13.0
7.4
15.0
44.7
16.1
10.2
2.0
10.0
1.0
19.5
6.6
4.2
917.6
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 1995
Electric Capacity:
Maximum Capacity
Number of Switching Stations
Number of Substations
Miles of Distribution Lines
Solid Waste Collection Fund:
(Continued)
1 70 megawatts
1
3
256 Miles
Number of Users (Units Served)
Methodology
21,518
Curbside pickup using automated containers
Education:
Attendance centers
Number of classrooms
Number of teachers
Number of students
Elections:
Number of registered voters:
Last general election (Brazos County)
Last municipal election
Number of votes cast in:
Last general election (Brazos County)
Last municipal election
Percentage of registered voters voting in:
Last general election (Brazos County)
Last municipal election
Population:
Census Count
Source: City of College Station
1990
1980
1970
1960
1950
(Continued)
· ·=z3o-
9
335
399
6,409
58,036
26,935
32,884
3,542
56.66%
13.15%
52,456
37,296
17,676
11,396
7,925
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 1995
(Continued)
PROJECTED AND ACTUAL TEXAS A&M UNIVERSITY ENROLLMENT
BY FALL SEMESTERS
Year University Enrollment
1987 39,079
1988 39, 163
1989 40,492
1990 41,131
1991 40,997
1992 41,092
1993 42,524
1994 42,018
1995 41,790
2000 42,000 Projected
Source: TAMU Planning & Institutional Analysis, October 1995
PRIMARY LABOR FORCE FOR BRAZOS COUNTY
Total Percent
Year Labor Force Unem�loyed
1986 57,472 6.4%
1987 59,595 6.2
1988 57,637 4.6
1989 61,300 4.4
1990 62,000 3.5
1991 60,988 3.6
1992 65,609 3.6
1993 66,300 3.5
1994 69,200 3.0
1995 70,300 3.1
Source: Texas Employment Commission (Bryan, Texas)
-231 -